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|||Page|
|---|---|---|
|Annual
Report ofthe|Feoffees||
|Independent
Auditors'|Report|16|
|Statement
of Financial|Activities|19|
|Balance Sheet||20|
|Cash Flow Statement||21|
|Notes to the Cash Flow Statement|||
|Notes to the Financial|Statements|23|
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||F|or the year|ended 31 Au|gust 2021||||
|---|---|---|---|---|---|---|---|
|||Notes|Hospital
Funds|School
Funds|Libmry
Funds|202(|2020|
||||f|f|6|||
|Income from:||||||||
|Charitable
activities:||||||||
|School fees||||10,006,615||10,006,615|9,589,696|
|Anclltary
activtties|||530|553,390|9,103|563,023|139,495|
|Ofher trading
act/vlVesr||||||||
|Activities
for generabng|funds||27,647|I33,337||160,984|291,132|
|lnvestmenlsr||||||||
|Investment
income|||13,310|133,754|79,713|226,777|182,266|
|Voluntary sources:||||||||
|Bequests and donations
Grants received|||28,375|483,179
219,685|120,967
91,517|632,521
311,202|1,676,952
481,769|
|Total incoming
resources|||69,862|11,529,960|301,300|11,901,122|12,361,310|
|Expenditure
on:||||||||
|Raising funds;||||||||
|Fundraising
Publidty
Conference,
facility hire|and trading costs||12,463
11,634|80,193
137,744
135,318||92,656
137,744
146,952|124,467
110,034
262,137|
|Financing costs|||I28,802|2,819||131,621|146,200|
|investment
management|costs||3,166|43,100|16,187|62,453|24,526|
||||156,065|399,174|16,187|571,426|667,364|
|Charitable
acflvlVesr||||||||
|Teaching costs —academic
Teaching costs —music
Welfare||||2,076,471
4,005,417
1,473,716||2,076,471
4,005,417
1,473,716|2,121,423
3,765,814
1,180,736|
|Premises|||1,070,457|2,003,830||3,074,287|2,995,825|
|Schdarships
and bursaries
Grants, awards
and prizes|||2,500|576,777
17,039||576,777
19,539|241,672
14,411|
|Library running
costs|||||199,152|199,152|200,825|
|Support and Governance|costs||15948
1,088,905|86 118
10239,368|1,489
200,641|103555
11,528,914|97407
10,618,113|
|Total resources expended||9|1,244,970|10,638,542|216,828|12,100,340|11,285,477|
|Net Income/(expenditure)|||(1,175,108)|891,418|84,472|(199,218)|1,075,833|
|Transfer between
funds||10|727,000|(727,000)||||
|Gains/(losses)
on investment||||||||
|assets:||||||||
|Realised|||1,733|75,196|46,098|123,029|(265,579)|
|Unrealised|||187,152|1,064,097|366,647|1,617,896|402,490|
|Net movement
in funds|||(259,223)|1,303,713|497,217|1,541,707|1,212,744|
|Fund balances at 1 September 2020|||32622,038|11,829315|2690,381|47 141 734|45928 990|
|Fund balances at 31|August 2021||32,362,815|13,133,028|3,187,598|48,683,441|47,141,734|
##
|||||Note||2021f|2020
6|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Heritage assets||||11||115,000|115,000|
|Tangible fixed assets||||11|33,877,047||34,874,877|
|Investments||||12|11|223214|8306295|
||||||45,215,261||43,296,172|
|Cunent assets||||||||
|Debtors
-
fees||||||380,076|464,693|
|other debtors and prepayments||||13||432,483|1,519,429|
|Cash at bank and in|hand||||7|493 307|4934341|
||||||8,305,866||6,918,463|
|Creditors:
amounts|falling due within one||year|14|3|053 663|1 141782|
|Net current assets|||||5|252 203|~577668|
|Total assets less current liabilities|||||50,467,464||49,072,853|
|Creditors: amounts
falling due after more|||than one year|15|~1784023||1 931 119|
|Total net assets||||16||||
|Endowment
funds||||17|3,461,934||2,975,678|
|Restricted funds||||18|35,828,477||35,587,455|
|Unrestricted
funds||||19|9|393030|8578601|
|Total funds||||||||
|Hospital funds|||||32|362815|32,622,038|
|School funds|||||13,133,028||11,829,315|
|Library funds|||||3|187598|2690381|
|Total funds||||16||||
|The financial
statements
were approved
and signed on their behalf by:|||and authorised|for issue by the Feoffees on||7Ctx.g~
2022||
##
||||Cash flow|||
|---|---|---|---|---|---|
||||statement|||
||||notes|2021f|2020f|
|Net cash inflow/(outflow)
from operations||||||
|Net cash provided
by/(used
by) operating
activities|||1|2,650,665|(1,259,275)|
|Cash flows from investing
actlvllles||||||
|Investment
income||||226,777|186,266|
|Bank loan and interest
payable||||(131,621)|(146,200)|
|Payments
to purchase
buildings
and other fixed assets||||(97,787)|(175,654)|
|Payments
to acquire investments,
including|cash awaiting|investment||(1,919,071)|(6,438,310)|
|Receipts from sales offixed asset investments||||1,803,137|2,758,640|
|Increase
in cash held by investment
advisors||||165,081|(302,044)|
|Net cash provided
by/(used
in) investing|activities|||46516|~4117302|
|Cash flow from financin
activities||||||
|Bank loan repayments||||5|~129323|
|Net cash used in Rnandng
activities||||~138
15|~129
23|
|Change in cash and cash equivalents
in|the reporting|period||2,558,966|(5,505,900)|
|Cash and cash equivalent
at the beginning|ofthe pen'od|||4934341|10440 241|
|Cash and cash equivalent
at the end ofthe|period||2|||
##
##
|||||2021f|2020f|
|---|---|---|---|---|---|
|Net (outgoing)fincoming||resources||(199,218)|1,075,833|
|Depreciation||||1,095,617|1,077,424|
|Investment
income||||(226,777)|(186,266)|
|Bank and loan interest||payable||131,621|146,200|
|Donated
investments||||(1,225,141)||
|Decrease/(increase)|in|debtors||1,171,563|(1,216,813)|
|Increase/(decrease)|in|creditors||1,903,000|(2,155,653)|
|Net cash inflow/(oufflow)||from operating|activities|2,650,665|(1,259,275)|
##
|nalys|is|ofcash and cash equivalent|||
|---|---|---|---|---|
||||2021f|2020|
|Cash|at|bank and in hand|5,963,122|3,404,361|
|Cash|on|deposit|1,530,185|1,529,980|
||||7,493,307|4,934,341|
##
|econ|ciliation
of net debt||||
|---|---|---|---|---|
|||At 1||At 31|
|||September||August|
|||2020f|Cash//ow
f|2021
f|
|Cash|at bank and in hand|4,934,341|2,558,966|7,493,307|
|Bank|loan due in less than one year|(134,959)|(8,881)|(143,840)|
|Bank|loan due in greater than one year|(1,931,119)|147,096|(1,784,023)|
|||2,868,263|2,697,181|5,565,444|
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|School fees|||||||
|---|---|---|---|---|---|---|
||||||2021|2020f|
|Gross fees receivable|||||10,006,615|9,701,503|
|Less: total bursaries,|grants|and allowances|||(576,777)|(353,479)|
||||||9,429,838|9,348,024|
|Scholarships
and bursaries||financed|from restricted|and|||
|endowmentfunds|||||576,777|241,672|
|The total educational|awards|financed|from restricted|funds|||
|comprise:|||||||
||||||2021f|2020f|
|Scholarships
and bursaries|||||576,777|241,672|
|Grants, awards and prizes|||||17,592|12,485|
|Other trading activities|||||||
||||||2021|2020f|
##
##
|vestment
income|||||
|---|---|---|---|---|
||||2021f|2020
E|
|Income from UK listed investments||(gross)|226,534|161,478|
|Interest on funds deposited|on bank|reserve|243|20,788|
|accounts|||||
##
##
##
|Ancillary activities||||
|---|---|---|---|
|||2021|2020|
||||E|
|Charitable
activities||||
|Concert income||2,411|11,464|
|Piano Summer School||243,441|93,207|
|Sundry income||35,514|34,824|
|Insurance
daims||281,657||
|Expenditure||||
|||2021|2020|
||||E|
|Charitable
expenditure|indudes:|||
|Depreciation
offixed assets||1,095,617|1,077,424|
|Auditors'
remuneration:|audit services|19,763|19,609|
|Operating
lease costs||||
##
|Employment
costs|Employment
costs|||
|---|---|---|---|
|||2021|2020|
|||E||
|Wages|and salaries|5,844,131|5,667,740|
|Social security costs||499,749|474,144|
|Pension|contributions|916,761|892,288|
|he number
of employees
whose emoluments
exce|eded 660,000was as follows:||
|---|---|---|
||2021|2020|
||No.|No.|
|f60,001to f70,000|2|1|
|f70,001 to f80,000||1|
|680,001to 690,000|||
|f90,001tof100,000|||
|6100,001 to6110,000|||
|6110,001 to L'120,000|||
|f120,001to 6130,000|||
|L130,001to 8140,000|||
##
|Analysis of|tot|al re|so|urces e|xpended|||||
|---|---|---|---|---|---|---|---|---|---|
||||||Staff|Other|Depreciation|Total|Total|
||||||costs|costsf||2021
E|2020f|
|Cost ofgenerating|||funds|||||||
|Fundraising|||||74,793|17,863||92,656|124,467|
|Publicity|||||119,589|18,155||137,744|110,034|
|Conference,|facility hire|||and||||||
|trading costs|||||44,153|102,799||146,952|262,137|
|Financing
costs||||||131,621||131,621|146,200|
|investment|management|||costs||62,453||62453|24,526|
||||||238,535|332,891||571,426|667,364|
|Charitable|activities|||||||||
|Teaching costs||—academic|||1,866,998|209,473||2,076,471|2,121,423|
|Teaching costs||- music|||3,450,819|554,598||4,005,417|3,765,814|
|Welfare|||||570,727|902,989||1,473,716|1,180,736|
|Premises|||||930,880|1,047,790|1,095,617|3,074,287|2,995,825|
|Scholarships|&|bursaries||||576,777||576,777|241,672|
|Grants, awards||& prizes||||19,539||19,539|14,411|
|Library costs|||||151659|47493||199152|200 825|
||||||6,971,083|3,358,659|1,095,617|11,425,359|10,520 706|
|Governance|costs||||51 023|52532||103555|97407|
||||||7,260,641|3,744,082|1,095,617|12,100,340|11,285,477|
##
##
##
||Hospital|School|Library|Total|Total|
|---|---|---|---|---|---|
|Support Costs||||2021f|2020f|
|Management||126,718|151,659|278,377|254,063|
|Administration||239,039|19,112|258,151|240,253|
|Recruitment||21,453||21,453|18,695|
|ONce costs||56,427|18,340|74,767|67,083|
|IT||69,222||69,222|68,401|
|Legal and professional||231,530||231,530|183,297|
|Insurance||64,372||64 372|58,129|
|||808,761|189,111|997,872|889,921|
##
|Trans|fers
between|f|unds|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Funds|Restricted|Endowment|Total|
|||||General|Designatedf||Funds
f|Funds
f|Fundsf|
|Hospital||||||||||
|Rent from School||||627,000|||||627,000|
|New School Development||Fund||(267,717)|||267,717|||
|Contribution
from School for|||the|||||||
|Site Development
Project|||||||100,000||100,000|
|Palatine|Demolitlon
Project|||50,000||50000||||
|||||309,283||50 000|367717||727000|
|School||||||||||
|Rent paid to Hospital||||(627,000)|||||(627,000)|
|Contribution
to Hospital
for||the Site||||||||
|Development
Project||||(100,000)|||||(100,000)|
|Transfer|for Dining Room|||||||||
|Refurbishment||||(50,000)||50,000||||
|Transfer|for Chiller Unit|||(6,000)||6,000||||
|Transfer|for Millgate Project|||22,595|(22,595)|||||
|Transfer|for ITupgrade|||19,320|(19,320)|||||
|||||(741,085)||14,085|||(727,000)|
|Library||||||||||
|Transfer|for Budget Support||Fund|(59,000)||59,000||||
|Transfer|for Ughting
Fund|||(5,000)||5,000||||
|Transfer|from Library Patrons||Fund|394|||394|||
|||||(63,606)||64,000|(394)|||
|TOTAL||||495,408||128,085|367,323|||
##
##
|angible fixed assets||||||
|---|---|---|---|---|---|
||Heritage|Freehold|Fumlfure,|||
||Assets|Property|Fittings,|||
||||Plant ft|Instruments|Total|
||||Equipment|||
|Cost:||||||
|At 1 September 2020
Additions|115,000|43,998,868
15,500|742,419
37,020|183,173
45,267|45,039,460
97,787|
|At 31 August 2021|115,000|44,014,368|779,439|228,440|45,137,247|
|Depreciation:
At 1 September 2020
Charge for the year||9,517,982
958,337|353,636
132,072|177,965
5,208|10,049,583
1,095,617|
|At 31 August 2021||10,476,319|485,708|183,173|11,145,200|
|Net book value:||||||
|At 31 August 2021|115,000|33,538,049|293,731|45,267|33,992,047|
|At 1 September 2020|115,000|34,480,886|388,783|5,208|34,989,877|
##
##
|nvestments|||||||
|---|---|---|---|---|---|---|
||||Restricted|Unrestricted|Endowment||
||||Fundsf|Fundsf|Fundsf|Totalf|
|Balance at 1 September 2020|||5,117,199|63,516|3,125,580|8,306,295|
|Additions|||833,718|1,715,620|594,874|3,144,212|
|Disposals|||(618,852)|(503,957)|(557,299)|(1,680,108)|
|Revaluation
gains|||1,016,519|114,255|487,122|1,617,896|
|Change
in amounts||awaiting|||||
|investment|||223 777|67,311|8615|165081|
|Balance at 31 August 2021|||6,124807|1 456,745|3641 662|11,223,214|
|Historical cost|oflisted investments||4 653,970|584,825|2,628,636|7,867431|
|Listed on UK stock||exchange|6,078,450|1,387,252|3,618,037|11,083,739|
|Cash holding|||46,357|69,493|23,625|139475|
||||6,124,807|1,456 745|3,641,662|11223,214|
|All investments|are|held to provide an investment
return.|||||
|Debtors (excluding fees)|||||||
||||||2021
f|2020
f|
|Other debtors|||||287,773|179,211|
|Prepaym ants|||||81,470|72,558|
|Accrued income|||||63,240|1,267,660|
||||||432,483|1,519,429|
##
##
##
|14.|Creditors:|am|ounts|falling due within one year|||
|---|---|---|---|---|---|---|
||||||2021
f|2020
f|
||Bank loans|(note 15)|||143,840|134,959|
||Other creditors||and accruals||1,009,823|1,006,823|
||Fees received||in advance from DfE||1 900000||
|15.|Creditors:|amounts||falling due after more than one year|||
||||||2021f|2020f|
||Bank loans||||1 784 023|1 931 119|
##
##
||||Fixed||Net current|Long term|Long term||Total||
|---|---|---|---|---|---|---|---|---|---|---|
||||Assets|Investments|assetsf|liabilities|||||
|||||f|(liabilities)
f||||||
|Hospital|||||||||||
|Unrestricted|||1,749,959|3,482|543,199||||2,296,640||
|Restricted|||31,278,415|416,662|(596,587)|(1,784,023)|||29,314,467||
|Endowment||||750 688|1 020||||751 708||
||||33,028,374|1,170,832|52,368|1,784,023|||32,362,815||
|School|||||||||||
|Unrestricted|||848,673|1,423,110|4,366,701||||6,638,484||
|Restricted||||5,708,145|786,399||||6,494,544||
||||848 673|7 131,255|5153100||||13133028||
|Librar)f|||||||||||
|Unrestricted|||115,000|30,153|312,753||||457,906||
|Restricted|||||19,466||||19,466||
|Endowment||||2,890,974|180748||||2710226||
||||115,000|2921 127|151,471||||3,187,598||
|Total|||||||||||
|Unrestricted|||2,713,632|1,456,745|5,222,653||||9,393,030||
|Restricted|||31,278,415|6,124,807|209,278|(1,784,023)|||35,828,477||
|Endowment||||3641 662|179,728||||3461934||
||||33,992,047|11,223,214|5,252,203|1,784,023|||48,683,441||
|ndowmen|t|funds|||||||||
||||Balance at|||||Transfers|Balance|at|
||||1 September|Incoming|Resources|investment||between|31August||
||||2020
f|Resoumes
f|expended
gainer(losses)
f||f|funds
2021
f
f|||
|Hospital|||||||||||
|Investment|Replacement||||||||||
|Sinking
Funds|||491,490|||102,646|||594,136||
|EFJacob Endowment|||||||||||
|Fund|||136103|||21,469|||157572||
||||627,593|||124,115|||751,708||
|Library|||||||||||
|Grants from|Heritage||||||||||
|Lottery Fund|||2 348085|||362,141|||2,710,226||
|Total|||2 975,678|||486 256|||3461 934||
##
##
##
##
##
##
##
##
||||||||Balance st||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||1|||Transfers||||Balance et|
||||||||September|Incoming|Resources|between||Investments||31August|
||||||||2020
5|resources|expended
f|funds
6||gainer(losses)
f||2021|
|Hospital|||||||||||||||
|Capital Fund - Mitigate Extension|||||||975,188||(39,668)|||||935,520|
|Capital Fund - New Land|||||||4,500,000|||||||4,500,000|
|Capital Fund
—New School|||Building||||18,819,287||(626,022)|||||18,193,265|
|Capital Fund —Nicholls Conversion|||||||616,433||(18,506)|||||597,927|
|Capital Fund —Concert Hali|||||||7,251,862||(200,158)|||||7,051,704|
|Improvements
Fund|||||||22,569|||||||22,569|
|New School Development|||Fund||||(2,246,790)|28,375|(128,802)|302,474||||(2,044,743)|
|Nlchogs
Building Conversion||||Fund|||(30,487)|||30,487|||||
|Concert Hall Fund|||||||(239,767)|||34,756||||(205,011)|
|Instrument
Fund|||||||160,875|10,574|(5,152)|||64,044||230,341|
|Nicholls
Fund|||||||32,476||||||125|32,601|
|Miscellaneous
Fund|||||||294|||||||294|
||||||||29 861 940|38949|1 018308|367|717|64|169|29314467|
|School|||||||||||||||
|Vernon Fartsy Fund|||||||14,968||(300)|||||14,668|
|Hazel Smith Fund|||||||61,356||(31,100)|||||30,256|
|Ida Carroll Fund|||||||5231||(2,000)|||||3,231|
|Hospital
Prize Fund|||||||82,269||(380)|||||81,889|
|Kdbert Music Prize Fund|||||||2,202|(12)|(50)||||(47)|2,093|
|Academic Prizes Fund|||||||320|20|(20)|||||320|
|Music Prizes Fund|||||||100|100||||||200|
|Competition
Fund|||||||232||(232)||||||
|David Hartigan
Memorial||Piano Fund|||||3,538||(950)|||||2,588|
|Neil Vint Bursary Fund|||||||34,870||(1,000)|||||34,270|
|Milne Fund|||||||224,195||(5,741)|||55,126||273,580|
|Bursary Fund|||||||1,545,432|193,831|(247,233)|(9,755)||919,024||2,401,299|
|Bsteson Family Bursary Fund|||||||1,136,353||(72,031)|||||1,064,322|
|Andrew
Lloyd Webber|Foundation||||Bu|rssry Fund|100|30,000|(30,000)|||||100|
|Leverhulme
Trust Bursary|||Fund||||34,744|69,418|(103,917)|(245)|||||
|O9lesby Bursary Fund||||||||33,324|(33,324)||||||
|Hospitallers
Camp
Fund|||||||15,838|||||||15,838|
|Mellor Endowment
Fund|||||||5,345|||||||5,345|
|Amy Watson Endowment||Fund|||||24,551|||||||24,551|
|John Shaw Bursary
Fund|||||||50,000||(46,362)|||||3,638|
|Stdler Bursary Fund|||||||3,304|11,000||||||14,304|
|Ethel Kerry Bursary
Fund|||||||1,891,599|1~5|(41,882)|||||1,850,942|
|Hardship
Fund|||||||2783|56,667|(6,814)|10,000||||62,136|
|Co-op Fund|||||||1,665|||||||1,665|
|Miscellaneous
Restricted||Fund|||||68,212|11,339|(13,839)||614|||66,326|
|Instrument
Fund|||||||65||(65)||||||
|Friends of Chetham's|Fund||||||18,076|1,513|(3,173)|||||16,416|
|Chats
in London Fund|||||||3,400|||||||3,400|
|Stoger Hall Fund|||||||16,851|12,331||||||29,182|
|50
Anniversary
Fund|||||||102,182|53|(23,753)|||||78,482|
|Capital Fund - Instruments|||||||5,208||(5,208)||||||
|Confudus
Classroom|Fund||||||22,276|64,602||||||86,878|
|Piano Summer
School|Fund||||||118,531|243,441|(230,654)|||||131,318|
|Grants and Other Income||Fund|||||207636|105933|117648|614||||195307|
||||||||5,702932|835185|1,017676|||974,103||6,494,544|
##
||||||Balance at 1|||Tmnsfers||Balance at|
|---|---|---|---|---|---|---|---|---|---|---|
|Library|||||September
2020
f|Incoming
resources
f|Resources
expended
f|Between
fundsf|investments
gainer(fosses)|31August
2021f|
|J Paul Getty|Fund||||6,089||(3,117)|||2,972|
|Miscdlaneous||Restricted||Fund|1,710|||(394)||1,710|
|Library Patrons||Fund|||||||||
|Karl Marx Fund|||||800|||||800|
|Arts and Heritage|||Fund||2,470|||||2,470|
|Booth Chances||Fund|||600|||||600|
|Hills Archive|Fund||||4,763|||||4,763|
|HLF Project|Fund||||6,151|||||6,151|
||||||22,583|394|(3,1 17)|(394)||19,466|
|Total|||||35,587,455|874,528|2,039,101|367,323|1,038,272|35,828 477|
#
##
##
##
##
##
##
##
##
##
##
#
##
##
##
||||Balance at 1|||Transfers|Investmenf|Balance at|
|---|---|---|---|---|---|---|---|---|
||||September|Incoming|Resources|between|gains/|31August|
||||2020|resourcesf|expendedf|funds|(losses)
f|2021
5|
|Hospital|||||||||
|General
Fund|||2,511,412|30,913|(226,662)|309,283|601|2,625,547|
|Designated|funds:||||||||
|Palatine|Demolitlon||||||||
|Fund|||378 907|||50 000||328 907|
||||2,132,505|30,913|(226,662)|359,283|601|2,296,640|
|School|||||||||
|General
Fund|||4,078,056|10,694,775|(9,550,519)|(741,085)|165,192|4,646,419|
|Designated|funds:||||||||
|Chiller Unit Fund|||24,000|||6,000||30,000|
|Millgate|Building||||||||
|Refurbishment||Fund|919,915|||(22,595)||897,320|
|Dining Room|||||||||
|Refurbishment||Fund|50,000|||50,000||100,000|
|Cheaters|Bequest||||||||
|Fund|||1 054412||70 347|19320||964745|
||||6 126383|10694775|9,620866|727000|165 192|6638484|
|Library|||||||||
|General
Fund|||319,713|300,906|(213,711)|(63,606)|50,604|393,906|
|Designated|funds:||||||||
|Lighting
Fund||||||5,000||5,000|
|Budget Support Fund||||||59,
000||59,000|
||||319713|300,906|213711|394|50604|457 906|
||||8,578,601|11026,594|10061 239|367,323|216 397|9,393,030|
##
##
##
##
##
##
##
##
##
##
##
|chool has|minimum
lease p|ay|ments
und|er|non-cancellable
opera|ting
leases as follows:|ting
leases as follows:|
|---|---|---|---|---|---|---|---|
|||||||Equipment||
|||||||2021
f|2020
f|
|Within one year
Between two and five years||||||23,045
4,902|26,482
27,947|
|After five|years|||||||
|nancial|Instruments|||||||
|||||||2021|2020|
|||||||f000|f000|
|Financial|assets measured|at|amortised|cost (a)||8,224|6,841|
|Financial|assets measured|at|fair value|(b)||11,223|8,306|
|Financial|liabilities measured||at amortised||cost (c)|(4,832)|(3,066)|
|Net financial assets measured|||at amortised||cost|14,615|12,081|
##
##
##
##
|||Notes|Hospital
Funds
f|School
Funds f|Library
Funds
f|2020|
|---|---|---|---|---|---|---|
|Income from:|||||||
|Charitable
actlvltlesr|||||||
|School fees||||9,589,696||9,589,696|
|Ancillary
tradmg|||632|132,347|6,516|139,495|
|Other trading actlvltlesr|||||||
|Activities fcr generating|funds||43,275|229,532|18,325|291,132|
|Investments:|||||||
|Investment
income|||15,836|82,953|83,477|182,266|
|Voluntary sources:|||||||
|Bequests and donations|||30,431|1,618,054|28,467|1,676,952|
|Grants received||||438,781|42,988|481,769|
|Total incoming resources|||90,174|12,091,363|179,773|12,361,310|
|Expenditure
on:|||||||
|Raising funds:|||||||
|Fundraislrxl|||34,952|89,515||124,467|
|Publidty||||110,034||110,034|
|Conference,
facility hire|and trading costs||43,220|216,033|2,884|262,137|
|Financing
costs|||142,996|3g04||146,200|
|Investment
management|costs||490|12,917|11,119|24,526|
||||221 658|431 703|14003|667 364|
|Charitable
activftlesr|||||||
|Teaching ccats —academic||||2,121,423||2,121,423|
|Teaching ccats —music||||3,765,814||3,765,814|
|Welfare||||1,180,736||1,180,736|
|Premises|||1,074,834|1,920,991||2,995,825|
|Scholarships
and bursaries||||241,672||241,672|
|Grants, awards
and pnzes|||1,600|12,811||14,411|
|Library running
costs|||||200,825|200,825|
|Support and Governance|costs||10533|85320|I 554|97407|
||||I 086 967|9328 767|202 379|10618113|
|Total resources expended||9|1,308,625|9,760,470|216,382|11,285,477|
|Net income/(expenditure)|||(1,218,451)|2,330,893|(36,609)|1,075,833|
|Transfer between
funds||10|705,000|(727,000)|22,000||
|Gains/(losses)
on investment|||||||
|assets:|||||||
|Realised|||(34,062)|(23,383)|(208,134)|(265,579)|
|Unrealised|||44,709|235,221|122,560|402,490|
|Net movement
in funds|||(502,804)|1,815,731|(100,183)|1,212,744|
|Fund balances
at 1 September 2019|||||||
||||33124 842|10013584|2790564|45928 990|
|Fund balances at 31 August 2020|||32,622,038|11,829,315|2,690,381|47,141,734|