2023-08-31-accounts - Rossall School

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			Page
Corporation	details
Report ofthe governors
Report ofthe independent		auditor to the Council	27
Consolidated	statement of	financial activities	30
Corporation	statement offinancial activities		31
Consolidated	balance sheet		32
Corporation	balance sheet		33
Consolidated	cashf low statement		34
Notes tothe	financial statements		35

OFFICERS (key man	OFFICERS (key man	OFFICERS (key man	OFFICERS (key man	agement personnel d	uring the year)
Mr J A Quartermain				MA PGCE L+x'	Headmaster
Mrs ESanderson			FCA IVIA PGCE Lx 4		Bursar
Mr A Cawkwell		BA			Director ofExternal Relations
Mr D Clarke MA			IVIPhil PGCE		Director ofProfessional	Development
Mr N Crombie		BA PGCE			Director ofSixth Form
Mrs L Laird MSci			PGCE		Director ofIB
Mrs K Lee MACPP				Cert. Ed	Director ofOperations
Ms D Porovic	MSc QTS				Senior Deputy Head
Mrs CStacker		BScPGCE			Head ofSenior School,	Acting	Senior Deputy Head
Mr M Turner	BA		PGCE		Head ofJunior, Infants	and Nursery
Mrs EWilliams		BA PGCE			Deputy Heod (Boarding	and Co-Curricular)
Registered office					Rossall School
					Fleetwood
					FY78JW
Auditor					MHA Moore and Smalley
					Chartered Accountants
					Richard House
					Winckley Square
					Preston
					PR13HP
Solicitors					DWF LLP
					1Scott Place
					2 Hardman Street
					Manchester
					M3 3AA
Investment advisers					Cazenove Capital Investment		Ltd
					12Moorgate
					London
					EC2R 6DA
Charity number					526685

FOR THE YEAR EN	DED 31A	UGUST 202	3
			Unrestricted	Restdicted
			income	income	Endowment	2D23	2D22
		Note	funds	funds	funds	Total	Total
Income from:			E	E
Donations and legacies		2	65,625	22,748		88,373	102,888
Other trading activities		3	477,594			477,594	371,416
Investments		4	277,008	3,523	5,296	285,827	253,391
Charitable activities		5	15,525,130			15,525,130	14,788,894
Total income			16,345,357	26,271	5,296	16,376,924	15,516,589
Expenditure on:
Raising funds			377,680			377,68D	275,482
Charitable activities			16,589,669	18,435	227	16,608,331	15,067,061
Total expenditure		9Fa10	16,967,349	18,435	227	16,986,011	15,342,543
Net income/
(expenditure) before			(621,992)	7,836	5,069	(609,087)	174,D46
other gains/(losses)
Net gains/(losses)	on
investments		12		5,001	7,519	12,520	9918
Net income /			(621,992)	2,835	(2,450)	(621,607)	164,128
(expenditure)
Transfers between	funds	17	45,908	(40,839)	(5,069)
Other recognised	gains/
(losses):
Remeasure ments	to
pension liability		19	39,203			39,203	69,245
Net movement in	funds		(536,881)	(38,004)	(7,519)	(582,404)	94,883
Funds brought forward			6042 216	388,075	1468,981	7,899,272	7,804,389
Funds carried forward			5,505,335	350,071	1,461.,462	7,316,868	7,899,272

FORTHE YEAR END	ED 31AUG
			Unrestricted	Restricted
			income	income	2023	2022
		Note	funds	funds	Total	Total
Income from:			E	E
Donations and legacies Investments		2 4	168,454 356,405	22,748	191,202 356,405	194,444 278,664
Charitable activities		5	15,530,778		15,530,778	14,791,318
Total income			16,055,637	22,748	16,078,385	15,264,426
Expenditure on:
Raising funds			13,922		13,922	12,393
Charitable activities			16,656,025	18,284	16,674,309	15,088,634
Total expenditure		9810	16,669,947	18,284	16,688,231	15,101,027
Net income /(expenditure)			(614,310)	4,464	(609,846)	163,399
Transfers between	funds	17	37,467	(37,467)
Other recognised Remeasurernents	gains/ (losses): to pension liability	19	39,203		39,203	69,245
Net movement in	funds		(537,640)	(33,003)	(570,643)	94,154
Funds brought forward			6,033,112	108,205	6,141,317	6,047,163
Funds carried forward			5,495,472	75,202	5,570,674	6,141,317

AS AT31AUGUST 2023
	Note					2022
FIXEDASSETS
Tangible assets		11		11,809,671		12,143,909
Investments		12		204,293		216,606
				12,013,964		12,360,515
CURRENTASSETS
Stock			627633		67,213
Debtors		13	885,399		897,434
Cash and deposits			3,612,103		4,179,467
			4,560,135		5,144,114
CURRENT LIABILITIES
Creditors: payable within one year		14	(4,798,476)		(4,904,270)
NET CURRENT ASSETS/(LIABIL.TIES)				238,341		239,844
TOTAL ASSETSLESSCURRENT LIABILITIES				11,775,623		12,600,359
LONG TERM UABILITIES		15
Creditors. payable after one	year			(4,458,755)		(4,701,087)
NET ASSETS				7,316,868		7,899,272
REPRESENTED BY:
ENDOWMENT FUNDS		18		1,461,462		1,468,981
RESTRICTED FUNDS				350,071		388,075
UNRESTRICTED FUNDS		1.6
General Reserve Pension Reserve		19	6,141,327 ~655992		6,767,432 ~725,226
				5,505,335		6,042,216
				7,316,868		7,899,272
The accounts were approved	by the Council	on	29/02/2024

AS AT31AUGUST 2023
	Note		2023		2022
FIXEDASSETS
Tangible assets	11		11,809,671		12,143,909
Investments	12		10,001		10,001
			11419,672		12,153,910
CURRENT ASSETS
Stock		10,251		10,208
Debtors		971,562		988,472
Cash and deposits		3,546,980		4,107,653
		4,528,793		5,106,333
CURRENT LIABILITIES
Creditors payable within one year	14	(4,782,884)		(4,881,687)
NET CURRENT ASSETS/(LIABILITIES)			254,091		224 646
TOTAL ASSETS LESSCURRENT LIABILITIES			11,565,581		12,378,556
I.ONG TERM LIABILITIES
Creditors payable after one year	15		(5,994,907)		(6,237,239)
NET ASSETS			S,570,674		6,141,317
REPRESENTED BY:
RESTRICTED FUNDS	17		75,202		108,205
UNRESTRICTED FUNDS	16
General Reserve Pension Reserve	29	6,131,464 ~699,992		6,758,328 ~726,226
			5,495,472		6,033,112
			5,570,674		6,141,317

FOR THE YEAR ENDED 31AUGUST 2023	FOR THE YEAR ENDED 31AUGUST 2023
		Note		2023		2022
Net cash provided by / (used	in)	20		(41,697)		1,665,125
operating activities
Cash flows from investing activities:
Investment income			285,827		253,391
Finance costs			(3072908)		(246,651)
Purchase oftangible fixed assets			(351,361)		(404,711)
Receipts from the sale of fixed assets			11,250
Movement in funds held by broker			(1,431)		3,510
Payments to acquire investments					(3,553)
Receipts from the sale of investments			1,224
Net cash used in investing activities				(362,399)		(398,014)
Cash flaws from fmancing activities:
Loans fram associated charities			(100,000)		(502,915)
Bank loan —C8ILS					(1,000,000)
Bankloan Fee deposits			(42,850) ~24,424		(93,472) 21124
Net cash (used in) / provided	by			(163,268)		(1,575,263)
financing activities
Change in cash and cash equivalents		21		(567,364)		(308,152)
in the year
Cash and cash equivalents at	the
beginning ofthe year				4,179,467		4,487,619
Cash and cash equivalents at	the
end ofthe year				3,612,103		4,179,467

Income fr	om d	onations and legaci	es
			Unrestricted	Restdcted	2023	2022
			income f	income f	Total f	Total f
Group
Donations	and	bequests	65,625	22,748	88,373	102,888
			Unrestricted	Restricted	2023	2022
			incomef	incomef	Total f	Total f
Corporation
Donations	and	bequests	65,625	22,748	88,373	102,888
Donation	from	subsidiaries	102829		102829	91,556
			168,454	22,748	191,202	194,444

Income from other trading a	ctivities
	Unrestricted	Restricted	2023	2022
	income	incomef	Totalf	Totalf
Group
Trading income	477,594		477,594	371,416
	Unrestricted	Restricted	2023	2022
	incomef	incomef	Totalf	Totalf
Corporation
Trading income

Investment	income
		Unrestricted	Restricted	Endowment	2023	2022
		income f	income f	Income f	Totalf	Totalf
Group
Investment	income	226,027	3,523	5,296	234,846	248,626
Interest on	bank deposits	50,981			50,981	4,765
		277,008	3,523	5,296	285,827	253,391
		Unrestricted	Restricted	Endowment	2023	2022
		income f	income f	income f	Total f	Total E
Corporation
Investment	income	305,424			305,424	273,899
Interest on	bank deposits	50,981			50,981	4,765
		356,405			356,405	278,664

Income from chadtable activities
	Unrestricted	Restricted	2023	2022
	income	income	Total	Total
Group	E	E	6	E
School fees	17,408,650		17,408,650	16,783,136
Other charges to pupils	683,600		683,600	616,874
Scholarships and discounts	(2,879,893)		(2,879,893)	(2,892,819)
Registration fees	64,070		64,070	63,691
Summer school	102,300		102,300	53,443
Student Holiday accommodation				48,954
Staff accommodation	90,117		90,117	71,782
Rates recharges to staff	45,036		45,036	43,833
Profit on disposal offixed assets	11,250		11,250
	15,525,130		15,525,130	14,788,894

	Unrestricted	Restricted	2023	2022
	income	income	Total	Total
Corporation	E	6	E	E
School fees	17,408,650		17,408,650	16,783,136
Other charges to pupils	683,600		683,600	616,874
Scholarships and discounts	(2,879,893)		(2,879,893)	(2,892,819)
Registration fees	64,070		64,070	63,691
Summer school	102,300		102,300	53,443
Student Holiday accommodation				48,954
Staff accommodation	90,117		90,117	71,782
Rates recharges to staff	45,036		45,036	43,833
Income from subsidiaries	5,648		5,648	2,424
Profit on disposal offixed assets	11,250		11,250
	15,530,778		15,530,778	14,791,318

, summary ofthe balance sheet, extracted from the a	udited accounts, are summarised below:	udited accounts, are summarised below:
	Rossall Enterprises Ltd
	2023	2022
	E	f
Turnover	477,594	371,416
Cost ofsales	326213	240,361
Gross profit	151,3$1	131,055
Administrative expenses	42,145	26,428
Operating profit	109,236	104,627
Interest payable		2,424
proRt before gift aid	103,58$	102,203
Charitable donation	102,829	91,556
Retained profit for the year	759	10,647
Assets	230,686	204,879
Liabilities	210,823	185,775
Share capital and reserves	19,863	19,104

Expenditure				2023	2022
				E	E
Includes:
Auditor's remuneration	(net ofVAT):		for audit services	29,010	24,990
Depreciation Operating lease payments		recognised	as an expense	685,599 325,032	662,279 347,764

Analysis ofstaff costs, Tru	ste	e re	muner	ation		and expen	ses, and costof	key management p	ersonnel
								2023	2022
The average number offull-time			equivalent		employees		in	Number	Number
each department was:
Teaching and support staff								135	124
Administration and marketing								26	22
Welfare and medical								62	57
Premises maintenance								20	17
School total								243	220
Rossall Enterprises								4	4
Group total								247	224
Average total staff numbers		employed		(head-count)				278	253
Payroll costs were:						Group		Corporation
						2023	2022	2023	2022
						E	E		E
Wages and salaries					7,925,019		6,924,131	7,800,036	6,831,345
National insurance						759,177	662,828	753,830	658,268
Pension costs						1,223,247	1,083,466	1,219,876	1,080,234
Apprenticeship Levy						25,447	19,881	25,447	19,881
					9,932,890		8,690,306	9,799,189	8,589,728
The number ofemployees	whose		remuneration			exceeded f60,000was:		2023	2022
								Number	Number

Analysis oftotal	expend	iture- unrestr	icted income	funds
			Rent,
			rates,
			insurance	Other	Deprecia-	2023	2022
		Staffcosts	&utilities	costs	tion	Total	Total
Group				f	f
Expenditure on raising
funds
Costs of raising funds:				13,922		13,922	12,393
Rossall Foundation
Fundraising trading:
cost ofgoods sold and costs	other	133,702		230,056		363,758	263089
		133702		243,978		377,680	275,482
Expenditure on charitable
activitres
Teaching and support staff		6,779,629				6,779,629	5,964,956
Other educational and costs Welfare costs	direct	1,423,588		876,312 745,238		876,312 2,168,826	802,473 1,925,740
Premises maintenance running costs Marketing and agency Finance costs Rad debts Office support costs Governance costs (see	and costs	517,289 370,669 697,512 10,502	2,009,801	705,305 1,198,312 290,292 109,890 132,141 41,455	681,734	3,914,129 1,568,981 290,292 109,890 829,653 51,95'7	3,682,339 1,586,793 251,744 47,321 728,458 40,068
below)
		9799,189	2,009,801	4,098,945	681,734	16,589,669	15,029,892
Total expenditure		9,932,891	2,009,801	4,342,923	681,734	16,967,349	15,305,374
Governance costs
External audit Support costs Totals per above		10502 10,502		33,610 7,845 41455		33,610 18,347 51,957	28,690 11,378 40068

Analysis	ofto	tal exp	enditure —unr	estricted inc	ome funds (c	ontinued)
				Rent,
				rates,
				insurance	Other	Deprecla-	?023	2022
			Staff costs	&utilities	costs	tlon	Tote I	Tata I
Corporation
Expenditure on raising
funds
Costs ofraising funds:
Rossall Foundation					13,922		13,922	12,393
Expenditure on charitable
activities
Teaching and support		staff	6,779,629				6,779,629	5,964,956
Other educational	and	direct
costs					876,312		876,312	802,473
Welfare costs			1,423,588		745,238		2,16$,826	1,925,740
Premises maintenance		and
running costs			517,289	2,009,801	705,305	681,734	3,914,129	3,682,339
Marketing and agency		costs	370,669		1,198,312		1,56$,981	1,586,793
Finance costs					361,248		361,248	277,415
Bad debts					109,890		109,890	47,321
Office support costs			697,512		132,141		829,653	728,458
Governance costs	(see		10,502		36,855		47,357	36,368
below)
			9,799,189	2,009,801	4,165,301	681,734	16,656,025	15,051,863
Total expenditure			9,799,189	2,009,801	4,179,223	681,734	16,669,947	15,064,256
Govensance costs
External audit					29,010		29,010	24,990
Support costs			10,502		7,845		18,347	11378
Totals per above			10,502		36,855		47,357	36,368

				Rent, rates,
				insurance
			Staff	and	Other	Deprecia-	2023	2022
Group			costsf	utilities	Costsf	tion	Totalf	Totalf
Expenditure		on raising
funds
Expenditure		on
chafftable activities Investment					151		151	172
management		charges
Premises maintenance and running costs					14,419	3 865	18284	36,771
					14,570	3,865	18,435	36943
Totalexpenditure					14,570	3,865	18r435	36,943
				Rent, rates,
				insurance
			Staff	and	Other	Deprecia-	2023	2022
Corporation			costsf	utilitiesf	Costsf	tion f	Total E	Total f
Expenditure		on raising
funds
Expenditure		on
charitable	activities
Premises maintenance and running costs					14,419	3,865	18,284	36,771
					14,419	3865	18284	36771
Total expenditure					14,419	3,865	18,284	36,771

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31AUGUST2023
11 Fixed assets
	Freehold	Furniture
Group	Land and	plant and
Costorvaluation	buildingsf	equipmentf	Totalf
At 1September 2022	20,503,015	2,898,479	23,401,494
Additions	43,568	307,793	351,361
Disposals		(43,485)	(43,485j
At 31August 2023	20,546,583	3,162,787	23,709,370
Depreciation
At 1September 2022	8,792,020	2,465,565	11,257,585
Charge for the year	525,151	160,448	685,599
Disposals		43485	43,485
At 31August 2023	9&317,171	2,582,528	11,899,699
Net book value
At 31August 2023	11,229,412	580,259	11,809,671
At31August 2022	11,710,995	432,914	12,143,909
Corporation
Cost orvaluation
At 1September 2022	20,503,015	2,880,479	23,383,494
Additions	43,568	307,793	351,361
Disposals		43,485	43,485
At 31August 2023	20,546,583	3,144,787	23,691,370
Depreciation
At 1September 2022	8,792,020	2,447,565	11,239,585
Charge forthe year	525,151	160,448	685,599
Disposals		43485	43,485
At 31August 2023	9,317,171	2,564,528	11,881,699
Net book value
At 31August 2023	11,229,412	580,2S9	11,809,671
At 31August 2022	11,710,995	432,914	12,143,909

YEAR ENDE	D 31AU	GU	ST 2023
Investments			Market	Movement				Market
			value at	in cash			Investment	value at
Group			1September 2022f	held by brokerf	Additions/ disposal	s E	gains and lossesf	31August 2023f
Funds held Fund A	by broker:		216606	1431	1,224		12,520	204293
			216,606	1,431	(1,224)		(12,520)	204,293
Corporation							2023f	2022f
Shares at cost: Rossall Enterprises Russell International		Ltd Ltd					10,000 1	10,000 1
							10,001	10,001
							Group
Investment	gains/(losses):						2023 f	2022 f
Realised —disposals Unrealised —change			in market value				(71) 12,449	9918
							(12,520)	(9,918)

Debtors
						Group		Corporation
					2023		2022	2023	2022
					f		f	f	f
Pupils' accounts					397,778		479,365	397,778	479,365
Trade debtors					113,181		75,807
Prepayments	&accrued income				368,248		332,896	368,248	332,643
Other debtors					539		3,750	539	3,750
Amounts due	from group undertakings							199,344	167,098
Amounts due	from associated charities				5,653		5,616	5,653	5,616
					885,399		897,434	971,562	988,472
The amounts	due	from	group	undertakings	within	the	Corporation	includes f100,000 (2022:
f100,000) falling due		after	more	than one year.
Creditors —amounts		falling	due within one year
						Group		Corporation
					2023 f		2022 f	2023 f	2022 f
Fees paid in advance				3,201,993			2,974,462	3,201,993	2,974,462
Accrued expenses					619,940		1,033,331	608,812	1,022,013
Other taxation	and national
insurance contributions					228,030		223,594	225,316	216,263
Other creditors					264,003		160,597	262,562	156,972
Pension deficit payments					81,819		79,435	81,819	79,435
Fee deposits					239,851		192,136	239,851	192,136
Amounts due	to associated		charities		60,653		122,439	60,344	122,130
Bank loan					102,187		118,276	102,187	118276
				4,798,476			4,904,270	4,782,884	4,881,687

roup Corporation creditors include amounts	off3,567,718(2022:f	3,620,583)falling due after	5years.
The bank loan falls due for repayment	as follows:	2023f	2022f
Within one year Between one and two years Between two and five years After more than five years		102,187 110,394 387,284 2,563 13	118,276 124,637 415,592 2,548023
		3,163,678	3,206,528

Restricted funds	—previ	ous year
		Balance				Investment	Balance
		b/f at 1				gains/	c/f at 31
		Sep 2021f	Income E	Expendituref	Transfers	(losses) E	Aug 2022 E
Group Corlett Bursary'		194,913					194,913
Sir Thomas Lloyd Fund' Rossall Foundation'	Travel	55,401 29,293	2,199 59,138	(105) (30,000)	(3,150)	(2,617)	51,728 58,431
Rossallian Cluba Miscellaneous projectss War Memorial Fund' Budge Memorial Fund'		212 $,061 48,272 33,510 369,662	1123 62,460	(212) (2,695) (3,864) 67 (36,943)	(3,150)	1337 (3,954)	5,366 44,408 33,229 388,07S
Corporation
Corlett Bursary' Rossall Foundation'		29,293	59,138	(30,000)			58,431
Rossallian Cluba Miscellaneous projects' War Memorial Fund'		212 8,061 48,272	-	(212) (2,695) (3,864)			5,366 44,408
		85,838	59,138	(36,771)			108,205
8 Endowment funds
						2023	2022
						E
FundA					1,461,462		1,468,981

Pensions (continu	ed)
							Group and	Corporation
							2023	2022
							E	E
At 1September							(725,216)	(726,802)
Unwmding ofthe	discount factor			(interest expense)			(29,414)	(7,496)
Deficit contribution	paid						79,435	78,327
Remeasurements	—impact of		any	change	in assumptions		39,203	120,389
Remeasurements	—amendments			to the contribution		schedule		(189,634)
At 31August							(635,992)	(725,216)
The amounts recognised		in the statement			offinancial	activities are shown below:
							Group and	Corporation
							2023	2022
							E	E
Interest expense							29,414	7,496
Remeasurements	to pension		liability				(39,203)	69,245

The	assumptions used are shown below:
		2023	2022	2021
				4A
Rate	ofdiscount	5.79	4.31	1.09

20	Reconciliation ofnet	expenditure to net cas	h flow f	rom opera	ting activi	ties
						2023f	2022f
	Net (expenditure) / income				(621,607)		164,128
	Loss on investments					12,520	9,918
	Profit on sale offixed	assets				(11,250)
	Depreciation					685,599	662,279
	Investment income				(285,827)		(253,391)
	Finance costs and interest					290,292	251,744
	Decrease / (increase)	in stocks				4,580	(20,842)
	Decrease/(increase)	in debtors				12,035	(288,314)
	(Decrease) / increase	in creditors				128,039	1,139,603
	Net cash provided by / (used in) operating		activities			(41,697)	1,665,125
21	Reconciliation ofnet	cash flow to movement	in net	funds
						2023f	2022f
	(Decrease) / increase	in cash			(567,364)		(308,152)
	Other movements					(17,615)	5,093
	Cash outflow / (inflow) from decrease / (increase)			in debt
	and lease financing					198,499	1,565,077
	Increase / (decrease)	in net funds			(386,480)		1,262,018
	Net funds at 31August 2022					308,690	1,570,708
	Net funds at 31August 2023				(695,170)		(308,690)
22	Analysis ofnet funds
						Other
				2022f	Cash flowf	movements f	2023 f
	Cash and bank balances		4,179,467		(567,364)		3,612,103
	Bank Loan		(3,206,528)		42,850		(3,163,678)
	Other debt due within	one year	(314,575)		14,071		(300,504)
	Other debt due after one year		967,054		123,963		843,091
			(308,690)		(386,480)		(695,170)

Analysis ofbalances by fund
	Unrestricted	Restricted
	income	income	Endowment	Total
	funds	funds	funds	Funds
	2023	2023	2023	2023
Group	E	E	E	E
Tangible fixed assets Investments	11,792,681	16,990 81,443	122,850	11,809,671 204,293
Stock	62,633			62,633
Debtors	885,399			885,399
Cash at bank and in hand	3,553,891	58,212		3,612,103
Creditors due within one year	(4,794,362)	(2,026)	(2,088)	(4,798,476)
Creditors due after one year	(4,458,755)			(4,458,755)
Loan from Trust Fund Ate the school	1,536,152	195,452	1,340,700
	5,505,335	350,071	1,461,462	7,316,868

Analysis of balances by fund- previous	year
	Unrestricted	Restricted
	mcorne	income	Endowment	Total
	funds	funcls	funds	Funds
	2022	2022	2022	2022
Group			E	E
Tangible fixed assets Investments	12,126,919	16,990 86,380	130,226	12,143,909 216,606
Stock	67,213			67,213
Debtors	897,434			897,434
Cash at bank and in hand	4,088,252	91,215		4,179,467
Creditors due within one year	(4,900,363)	(1,962)	(1,945)	(4,904,270)
Creditors due after one year	(4,701,087)			(4,701,087)
Loan from Trust Fund A to the school	1536,152	195452	1,340,700
	6,042,216	388,075	1,468,981	7,$99,272

			2023	2022
			E	E
Amounts	due	within one year	343,150	291,512
Amounts	due	between one and five years	1,287,737	1,159,792
Amounts	due	after five years	629,571	906,750
			2,260,458	2,358,054

NOT	ES TO THE FINANCIAL STATEMENTS	ES TO THE FINANCIAL STATEMENTS
FOR	THE YEAR ENDED 31AUGUST 2023
28	Related party transactions					2023	2022
						E	E
	Income receivable by the group		from associated charities
	during the year:
	Scholarships: The Jackson Scholarship Fund	(net of parental				93,405	71,428
	contributions)
	The Trapnell Fund					68,278	99,474
	Grants for general educational purposes: The Rossall School Endowment Fund					23,833	23,826
	The Rossall Centenary Fund The Rossall Foundation					197,193 21,117	195,736 59,158
						403,826	449,622
	Amounts payable by the group		to associated	charities
	during the year:
	Rent:
	The Rossall Centenary Fund					175,770	175,770
	The Jackson Scholarship Fund					79,515	79,515
	The Rossall School Endowment		Fund			23,715	23,715
						279,000	279,000
	Loan Indexation: The Trapnell	Fund				6,707	67,564
	Loan Interest: The Trapnell Fund						5 605
						286,451	352,169
	Amounts due to/(from) associated charities by the				group at
	the end ofthe year:
	The Rossall Centenary Fund					(5,012)	(4,977)
	The Rossall School Endowment		Fund			(642)	(639)
	The Trapnell Fund The Rossall Foundation					213,259	230,874 100,000
						207,605	325,258
	hier assets ofassociated charities:
	The Rossall Centenary Fund					3,715,077	3,746,628
	The Rossall School Endowment		Fund (incorporating		the	2,523,863	2,550,799
	Jackson Scholarship Fund)
						6,238,940	6,297,427

			Unrestricted	Restdcted
			income	income	Endowment	2022	2021
		Note	funds	funds	funds	Total	Total
Income from:
Donations and legacies		2	43,750	59,138		102,888	25,619
Other trading activities		3	371,416			371,416	181,404
Other income —CJRS							587,780
Investments		4	242,066	3,322	8,003	253,391	217,073
Charitable activities		5	14,788,894			14,788,894	11,278,460
Tota I income			15,446,126	62,460	8,003	15,516,589	12,290,336
Expenditure on:
Raising funds			275,482			275,482	164,439
Charitable activities			15,029,892	36943	226	15,067,061	12,239,500
Total expenditure		9&10	15,305,374	36,943	226	15,342,543	12,403,939
Net income /
(expenditure) before			140,752	25,517	7,777	174,046	(113,603)
other gains/(iosses)
Net gains/(losses) investments	on	12		3,954	5,964	9,918	21,310
Net income /			140,752	21,563	L813	164,128	(92,293)
(expenditure)
Transfers between	funds	17	10,927	(3,150)	(7,777)
Other recognised	gains/
(losses):
Remeasurements	to
pension liability		19	69,245			69,245	6,060
Net movement in	funds		82,434	18,413	(5,964)	94,883	(86,233)
Funds brought forward			5,959,782	369662	1,474,945	7,804,389	7,890,622
Funds carried forward			6,042,216	388,075	1,468,981	7,899,272	7,804,389

		Unrestricted	Restricted
		income	income	2022	2021
	Note	funds	funds	Total	Total
Income from:		E	E
Donations and legacies	2	135,306	59,138	194,444	25,619
Other income —CjRS					587,780
Investments	4	278,664		278,664	242,359
Charitable activities	5	14,791,318		14,791,318	11,280,310
Total income		15,205,288	59,138	15,264,426	12,136,068
Expenditure on:
Raising funds		12,393		12,393	3,195
Charitable activities		15051,863	36771	15,088,634	12,261,286
Total expenditure	98(10	15,064,256	36,771	15,101,027	12,264,481
Net income /(expenditure)		141,032	22,367	163,399	(128,413)
Transfers between funds	17
Other recognised gains/ (losses): Remeasurements to pension liability	19	69,245		69,245	6,060
Net movement in funds		71,787	22,367	94,154	(122,353)
Funds brought forward		5,961,325	85,838	6047,163	6,169,516
Funds carried forward		6,033,112	108,205	6,141,317	6,047,163

			Unrestricted	Unrestricted		Restricted	2022	2021
				incomef		income E	Total	Totalf
Group
Donations	and bequests			43,750		59,138	102,888	25,619
			Unrestdcted			Restricted	2022	2021
				incomef		incomef	Totalf	Totalf
Corporation
Donations	and bequests			43,750		59,138	102,888	25,619
Gift aid from		subsidiaries		91556			91,556
				135,306		59,138	194,444	25,619
Investment		income —previous	year
			Unrestricted	Restricted		Endowment	2022	2021
			income f	income		income f	Totalf	Totalf
Group
investment	income		237,301	3	322	8,003	248,626	217,003
Interest on	bank deposits		4,765				4,765	70
			242,066	3,322		8,003	253,391	217,073
			Unrestricted	Restricted		Endowment	2022	2021
			income f	income f		income f	Totalf	Totalf
Corporation
Investment	income		273,899				273,899	242,289
Interest on	bank deposits		4765				4765	70
			278,664				278,664	242,359

3 Analysis oftot	al e	xpenditu	re —unrestric	ted income f	unds —previo	us year
				Rent,
				rates,
				insurance	Other	Deprecia-	2022	2021
			Staffcosts	&utilities	costs	't lou	Total	Total
Group					f	f
Expenditure on raising
funds
Costs of raising funds:					12,393		12,393	3,195
Rossall Foundation
Fundraising trading:
cost ofgoods sold costs	and	other	100,578		162,511		263,089	161,244
			100,578		174,904		275,482	164,439
Expenditure on charitable
activities
Teaching and support staff			5,964,956				5,964,956	5,228,344
Other educational	and	direct
costs					802,473		802,473	495,207
Welfare costs			1,221,131		704,609		1,925,740	1,518,364
Premises maintenance		and
running costs Marketing and agency Finance costs		costs	445,598 349,956	1,570,527	1,010,706 1,236,837 251,744	655,508	3,682,339 1,586,793 251,744	2,834,124 1,273,579 180,751
Bad debts					47,321		47,321	14,629
Office support costs Governance costs (see			601,270 6,817		127,188 33,251		728,458 40,068	628,687 32,519
below)
			8,589,728	1,570,527	4,214,129	655,508	15,029,892	12,206,204
Total expenditure			8,690,306	1,570,527	4,389,033	655,508	15,305,374	12,370,643
Governance costs
External audit					28,690		28,690	25,050
Support costs Totals per above			6,817 6,817		4,561 33,251		11,378 40,068	7,469 32,519

33 Analysis	ofto	tal exp	enditure —unr	estricted inco	me funds —p	revious year	(continued)
				Rent,
				rates,
				insurance	Other	Deprecia-	2022	2021
			Staff costs	&utilities	costs	tion	Total	Total
Corporation
Expenditure on raising
funds
Costs of raising funds:
Rossall Foundation					12,393		12,393	3,195
Expenditure on charitable
activities
Teaching and support		staff	5,964,956				5,964,956	5,228,344
Other educational	and	direct
costs					802,473		802,473	495,207
Welfare costs			1,221,131		704,609		1,925,740	1,518,364
Premises maintenance		and
running costs			445,598	1,570,527	1,010,706	655,508	3,682,339	2,834,124
Marketing and agency		costs	349,956		1,236,837		1,586,793	1,273,579
Finance costs					277,415		277,415	206,422
gad debts					47,321		47,321	14,629
Office support costs			601,270		127,188		728,458	628,687
Governance costs	(see		6,817		29,551		36,368	29,019
below)
			8,589,728	1,570,527	4,236,100	655,508	15,051,863	12,228,375
Total expenditure			8,589,728	1,570,527	4,248,493	655,508	15,064,256	12,231,570
Governonce costs
External audit					24,990		24,990	21,550
Support costs			6,817		4,561		11,378	7,469
Totals per above			6,817		29,551		36,368	29,019

				Rent, rates,
				insurance
			Staff	and	Other	Deprecia-	2022	2021
Group			costsf	utilities E	Costs f	tion f	Totalf	Totalf
Expenditure	on raising
funds
Expenditure	on
charitable activities
Investment					172		172	153
management	charges
Other educational		and
direct costs
Premises maintenance
and running	costs				30,000	6,771	36,771	32,911
					30,172	6,771	36,943	33,064
Total expenditure					30,172	6,771	36,943	33,064
				Rent, rates,
				insurance
			Staff	and	Other	Deprecia-	2022	2021
Corporation			costsf	utilitiesf	Costsf	'tionf	Totalf	Totalf
Expenditure	on raising
funds
Expenditure	on
charitable activities
Other educational		and
direct costs
Premises maintenance
and running	costs				30,000	6,771	36,771	32,911
					30,000	6,771	36,771	32,911
Total expenditure					30,000	6,771	36,771	32,911