Rqgi8t•red Nurnber.. 001639Tra
DERBY DIQCESAN BOAIID OF EDUCAIK)N
vne0￿0￿tod x • Coffwny IlmSt•d by guarant••l
REPORTS ANO FIIIAMCIAL STATEMEN75
31¥t Oèt¢ml)•r 2021
¢AB016PEW•
2WO912022
COMPANIES HOUSE
A17
#182

DeR8Y(4ocesAN 8¢)ARDOF EDIKATIOII
Pag•
Comparry
Rewt ofthe lrntslees
Inde¢endEnt YepNt
10-12
slate￿nt olfm8nad as*%*ties
13
Summary Inc￿ & expEnddurÈ atteu
14
Staler￿rt olfinantaal poth.on
15
Stalemert of cash lkn
16
Noles relatirg to th•fina￿l•l slalemenls
17-29

DEP8Y DIO¢ESAII BOARD OF EDUCATION
COMPANY pAR￿UL
President & chai￿an
RL Reve￿￿￿ 8i5knp &E8beth Lane
Bishop5 N￿inee aryd Ch•ir oftr*
The Venerable C. co8￿tt
The Reverend Canon Al. Maanaughton
lappoYrted 22.Cfj.21
T￿le&S
(Synod Appoinlrrtnlsl
car￿ J. Cooper Ire$tyd 15.03.221
RevererKI N. Fenton
r O. Marbn
Tl* Reve￿r￿ S. WhilE
F. &wain
CaMn C. Holl￿5-EIer￿r
5. S. Barley-m￿u1￿n
The Revetend D. Mffjf lappoinied 08.02.211
The Re￿*￿nd P. Sdby18ppoinled 06.02.211
Ctropted
rs C. Fewna
The Reverend N. Roberts I￿19ned 22.06.211
Mr. J. C￿pharn lappomle¢J 08.02.211
Mrs. C. Ba*18pwrfed 08.02.211
(Thiser¥er
Mr5 M. T1￿maSS>]d8rd
Secretary othj C￿¢¢1￿ of Edwboii
Canon L. Wainscot Ire*gned 31.08.211
Canon C. Le*15 {app￿nted 01.09.211
Registered Offite
Oatjy Churth H￿8e Slréei
oe￿t, DEI 3DR
Independent A￿rtOr
eHP LLP
57.S9 S*lerWe DetyshirE ChBstevfiekl
S40 1UL
Bafftkefs
Nalional We5knin5ter Bank
58 Sl Pelers Street. Derby. DE1 1XL
Sdiryto
J.H. Po￿￿1 & Co.
Catwral Chambers Nley.
Dety, DE1 3GT
CLMnpany AegK%te￿d ￿mber
46390
Charity N￿be[
527038

DER8Y DIOCESAN BOARD OF EDUCATION
CIIAIR% REPORT
Chalf• r•wlfory•ar•ndbng D*¢•M￿r2￿1•
11 has been mygreat honour 8TrJ p￿ge to ha￿ thaired D￿San Boty￿ ol Elucation and report is wbbthed aThi$i$igrAftani periods of
thange bolh inlemltry and externalty.
Fir51ty. my thanks gts lo all of IF* team *ho have tire￿s*s￿￿1ed sclkn)ols, thr(**s aThJ I￿uSe￿j5 8Th1 *tyke¢l profeswonally lo ttfilinue to
embrace Ihe Church of England ¥i￿n for Education 15 deepty G￿lStian Jes￿5. pr<Thts¢ of"Life in all its ftJllrE5s" ai 115 heort. The Boar
continues lo act as an ad¥oc4le for •rbY young Fwk4e headteathers. govenm, ckr9y ￿rths in (*derthat they may
prod8im the 9o$p¢I 1hro￿h attyons. *tYds and tre buthj.
Inlernal thalenge$ that affeded tapacty across thJitÈam at Ihe *art 012020 eoniiTrthd Ihrouw 2021. LiThJa Wairsscc4 was inierim DOE from
January 2021 until Cardyn Lewis loo* up Ihe rde in September 2021. Netta Ru&8el, DBE s SeniorAdmini%tralor retired in Septemter fol￿7￿￿
36 ye8rs of failhfijl Ser￿. Shakher Kh￿￿1. Deputy ￿re¢l0[ IBusw*ssl left n Dertmber 2021. tindsey hoSiDinÈd the team as ExeGutiv¢
As5i5tsnl and Jason ￿￿ri¢j9¢ a5 Serrior Business & OperatiQn5 Manager. A DepLty ￿reciOr has a￿D been appointed and is due Io start in September
2022. Ourdeepest Ihank$ are exwessed lorthe invaluat4e Ihat i￿8, Shak aTrJ Netta all made to Kirk oftt* DBE.
In 8ddthon to the inlemal Comp￿￿1￿5 ￿9hI￿ahted above. * have tyrie￿ed grtal upheaval notionaly a5 edLtcalK)n has 5wghl lo respond
effectivety lo the signific4nl impacl of ¢X)rOno￿rL￿ pandernK on owsthooL4. Iheir chddren and yowoj yople. staff and Ihe ￿rk ofthe
DBE. Al the start of 2021 al schoo& in the UK asked Mce agaffj 10 d¢)se to al thljren except those of keY￿￿er$ and ehildren ton*dered
vulnerable. Ins￿¢t￿n5 and eXaminatV￿5 %AEre Caned￿ aTrJ educalw offi(*rs together*ith many sth)c4 staff tra￿one{l to horr￿¥thing and
Iherelore Ihis resuiied in a r8p*Jty thangry loN￿Scape as ¥￿ 50uyM 10 and ThovatNe Wdy5 of k)¥E and swport.
Neverlhe12ss. 8H of these d*Nenges. lknughaul 2￿21 the DBFS reSpDn5i￿Ity for adv8nLirvJ thE of Chi$118n education and training in
the panshes ollhe Diocese has contirrtJed lo sorne extsni, en8￿1r$ and 5wrw trtwork Of1￿ 111 Chwth olEngland schools. one joint Church
ofcnglandlMcth¢Ai￿I oThY oneJo¥A Cl￿rth ofEry1￿jVROm￿ C¥lhok Srh)0114thn Diocese. AS Ihe leam t5 rthMlI. t1*￿. i¥ much lo be dane.
Despite Ihe chalenging lime as thair I have innwthety erqoyed Ihe role. *thwsKle the In￿tee$ 8Th1 01T￿$ aTrJ seeing the Board grow in
confidence and expertKe. Ckne ol my rna￿ (W¥hts is ** Inty relationsknps and See (M(treTh. yourg people a￿1 adthls
flourish and throughout Ihe many thalknges have tsced. I feel Ihts h8S StAI been eY*lenL
Th* Rt R•v'd riralcofm M*cMuyhton, Bishop•f Repton
Dgto.. Sep 26, 2022

DERBY DIOCESAPI 8014RD OF EDUCATXXI
EDUCATIOM REPORT OF nie TRUSTEES
The Trustees present I￿1r report and the financial stateTTrents of Ihe £*8nty for the ￿ar eTrJed 31$¢ Dectrt>er2021. The truslees have
ad¢)pted provisims ofthe Slaternent of Reu￿r￿rK1e0 PraciKe ISORPI AcctyJnl¥ry and ReW￿r￿j by CharitE5' in p￿pa￿ry Ihp annual report
and finanaal stalemeThts of thB ¢*wity.
The finanpal stoiemerts have been prepared in acc¢)rdance *ith the a¢o￿ni￿ pol￿5 set (¥Jt in Mtes to IhÈ aeetyJrt$ and umpty*•th the tharitys
governing d￿Ment, the Chaiities Act 2011 afvj ACc￿Nir￿j and Report*ry bycharilies.. Slalement ol Recornff*TrJed Praclic* applicable lo tharilies
prepariw their accounts in accordanrt vAth Fwraal Reporiry Standard apF4Ka14e ￿ Ihe UK Repu￿1¢ of Ireland puN￿h￿d in October 2019.
OBJECIIVES AND ACIIVrnES
The eoafd cortnues lo eXerc￿e many ofits ttroLoh the of 2 ccffjmrtlees. nar￿ty Ihe Sthcxil Effectwene55 Comm￿ee and Ihe
FIr￿nCe ￿mittee." eath wilh Terns ofRefererKe re¥￿￿￿ arKI rEfre5W ￿ Ivjhl oft1￿ DBE Measure 2021. The aim ollhese
' groups w7$ to fatyiitaie mort ￿ depth of key areas ofthe statutoryfvn¢tiorts dÈtemiw*d bylhe clocesan Boards of EducalK)Th measu￿ 2021.
The broad areas a￿ as
to womole or a55￿t in IhE promolion ofeducabw thal is f{rf￿tert1mlhthe f•th and practi￿ OfV￿ Ctr*w¢h ofENJlaThJ;
tp ptomoi¢ ty asstst in Ihe F¥omoion of ref4bxts aTrJ ￿lIShIP in 8choo* li Ihe diotese",
lo prcffiote w assst in the pr¢ynotion olthwth s(*001s diocese.,
More dBlwl obout tt* ofeath committ¢¢ and the l**s¥tith Ihe DBE Meaw may be [0￿j in the Terns ol Referer￿e wt4sherf cffj the DBE'S
*￿te.
The DBE'S prin¥pal acknty ts the provBN)n ol a raThJe of avntd ai ser¥irKJ aThJ equipprMJ Chwch ol E￿land sthools and academies
and community st*ools in fomal partnertMis. ablty lo wowle I￿ SeTh￿S has been iwcted by the reducbon in capauty ofthe DBE staff
learn and as a cm8eqUer￿ Of1￿ pandemi
- Recruit arkl irwjud new￿aff learn wnber5
- Update ¥ll k¢y policy and guwJarb¢¢ LIo¢LTrMlthl*)n
Eslabli$h a %*bsile for the 08E
- Appoint exlemal accountarts
-Appoinl exlernal BuilLlngs Athsfjr
-Appoinl Goveman(* and Adm*yM$
Establish doud-based IT 5y$lerns
- D￿elOP a costed Parb*tship Agreefflenl lor sthoo
-Appoinl RE Today to l￿vIde suppm trairwwj to 8(knJo
- Imthment ihe DBE Measure 2021
Finalise 08E V15i0n
. Oevelop a MvllpArademy TrLtst Slraiegy
. E￿&blish processes for apwNmern ol FtyJry1al￿ &)bv
- A ￿view01911 Mn-5chool and schjol tOJ5ts
- Eslabli5h fm¥ce P￿￿ureS
The prnupal bene*4'a￿S ofthest serri￿5 we apyoA7n* 15.Iw) and yw pet* *ttefyJwYJ tr* 110 of Enybnd wmary
sthools and 1 Churth of Englafvj Second￿ free schottl *itlM"n the t1iocese acTOSS 2 L•c41 ￿thorIties. These are Ihe cty of De￿ and Oerbyshire. Of
prim￿ sthoojs, 20 are VolunlaryA*led IVAI. 65 are Vobmtsry Cwlromed (VCI and 26 are acaderyxs. Ofthe 26 academies. 15 ofthe formerVA
primary $th0￿8, 11 of the I0￿r VC wmary sthoots and 1 secondary S￿￿1 are in Derby t*'oct5an Audemy Trust IDDATI ujrrentythe on
diocesan majority MAT. ey DKernt*r 2020. 45% ofthe VA sthools and 15% of ihe VC xlwL* had jtyr*d Ihe Trt￿l. Th￿ are 4 commw)ity S¢hoo15
in the T1￿1 and one F￿e Sthool (Derby C•tWr•l Stho00. h) *jd￿On. 2 sdboots •rt part of Ihe Embart MAT •rd 1 s¢hool is p•rt Ofthe John Ta￿Or
MAT.
WKler than Ihis. D8E aL80 aims to vomtste atsj ¥swt In the ￿edUcatiOn L•nSi￿ ¥Aiih the fath #nd Wadi¢¢ oflhe Church of
Eryjland across the dv)c8se as a
PublK bonofit
The Truslees confirn that Ihey have gwen ca￿1￿1 consider*"on to the Chanty Comrn*s*Jn's gewa glidwce M puÈ* ber*rA.

DERBY OIOCESAII BOARD OF EDUCATIOM
RepoRT OFTHETRUSTEES
Th• Ststutory lffispèttoon olAn91ican •nd M•thodist SCI￿18 ISIAIAS)
The n81ianal team is respwwble for all aspects ofll% p￿cesS. Al SIAMS l￿FeCts￿$ we su¥ended (*Je to the pandemicvalh
briefre-tntroduction Aulumn 2021. sthotsl ￿•$ in¥*thd lh￿ tem7 wasJuthJed lo be'Good'.
As a DBE ￿ are wpMsitle fcrf k¥ovidiThJ ¥air*r¥J. adwce aTrJ guM1anc* for 5th)015 in relatiM to I￿￿ Ckn5ban vI￿n aTrY tharacler. Thi5 year. the
DDE has offered all schoc45 due lo be a 1".1 discuss￿. &*0015 have reported that these have been extremety helpful. The
w Deputy Directorwl IB*J on *1 areas of for SIAMS.
DBE K•y P4rtnwshlps
•1 Chureh <rfEngl•nd F¢wndatlon lor L•9[￿n￿
Thè iniem) Directors contiThJed to in partner5hp Wilh the of England Educatiw Offict. This has I￿uded Ihe tran$fer*)f
responybilibe5 lor c¥ganw4J SlalLrtory thspeclw of Arykan & MBlhDdtsi Sthoots ISthMSI from the DBE to the CEEO. DBE 0￿￿er5 have
also supporled Dloose of Derby AthmyTIusi in a dehery partn¢r for NaIion￿ rrfofessional Quafificalh)ns INpasl.
Car¢tyn Le￿18 has w￿l￿ed *fjth Ihe CEEO to inplmnt Ihe OBE Ika5Lre 2W21 by dra*irvJ w a 5rJvth lor iM￿￿￿tatIon ffj the Dwse
of Derby
bl Lo￿1 A¥th0r*y and •th•r Dlty¢•
Small s(hoc4 5u5tainabil.ty contbnue5 to be a ¢haleffje. The CeE. in p***rshyw•lh Il* L+xal Authority. 10 our SL*oo15
around different modds to a mNe $ust*natrk viable fulfft.
In ￿tent years. all ol th* Cathc4ic 5chooLs *ithin the ca1holcdioc￿e have been tsken irrfo the cath￿￿ ￿1￿11 Acaderny TnJ51. More of our
CE Vdunlary Aided ￿Al schools haveioined DDAT. Thi5 mean5 Ihat It* School C0Trj￿0Th AlO￿tion ISCAI fundirvj'pot. Ihai these schools
generated land frum thith Ihe DBE pfiontise ￿Wing proJe£ts auoss CathDh¢ and CE VA S￿0￿$) has 8ffjnthcanlfy decreased.
There are fewVA sc*ools in Derby Cty Ihat are not in a mulli academy tw¥t and on Ihw %%41 nol gererale erLough funding for
8KJnrficanl building ths. The number ofVA 5chcds in Dertythre Ihal have not converted 10 academy $latUS 15 also Teducing. the￿lOfe
Ihe'pol, frorn thith tywJulJ aCt*ss fLwTrJiny It* Wiw also Oeue*NJ. TIMS has ￿ the Derby DBE lo loin Wlh Lwc£sler,
Sout￿*11 & Nottin9N4m 8Th1 Coventry Dty)ce5es lo form a grwp wth several large enowh lo carry on retri¥Ary fundir¥J. In
202112022. Derby Diocese recewed £280.488 ￿ fvThlir9 toward$ schooLs buming projecls. Thi5 r6 5thopl conditions allo¢alivr*
ISCAI and the i*otyse ffwrequ81 Payrt￿$01£70.l22 i) May, th, athl Septen
These fund5 invested m buldiry woiects in 6 olour schools h￿ver. prirnarity due io the ongory impacts of the pandemic,
expenrtfturÈ was noi 81 th le¥eL% fo¢ecasL Tr ur*pent are overinio Ihe Ic4lo*•ng year and * kno￿ for a return to more
nonnal aCti￿ty leve15 in 2022 more schoob $￿V￿j benefrt frrm thks instmeTri
¢1 Tho P•ak C•ntv• in Ed
In the absenc* ofa youth oifKer. ¢4)N￿￿K)nS ha4t contTh*d ￿ Ihis Diocesan Cwian kiNtyCentre. 0￿r5 schoD15 and yO￿h
groups facilits"e5 to partake m *tyJer ￿￿1￿lurn. QFg(xlw*$.
Havir¥J ¢¢*￿ated tts 50 ye0￿ b•1hday ￿ 2019. 2020 was set lo be a fill of bo(*rys and refrJrfx"sl¥nenL Due lo the pandemic most of
Ihe bookiws and 8cthvities*re poslpored. and sl8ff lurfwjhed. H￿￿Ver. began lo rvlurn ￿ 2021. Link510 the thwch •rd Ihe
wljage have remained $tfOD9 arKI Ben Ady ha$ ￿ntHlUed 10 devekw bJe8s for future errfJagemeNt.

DERBY DIOCESAN BOARD OF EDIICATION
REPORT OF THE TrUSTEES
Childr•nS And young p•opl•ts
Sarah 8r0v￿. part Itme CI¥bJren'sAth￿r. ￿[￿r￿jE￿ to home dunry fv parnlemi¢ and k¢pi in iouch ￿ dEryy and youlh and thndren'5
group5 via mailirMJ8 onlire c415. There WdS no Youth Advtsei duriry Ihe yeaT. ThÈ Cmdren's Adwser Mailiny$Mere used for essentsal no￿te$.
The Chwch of Englafid"Failh at Home" res0w￿$ prO¥￿Ie1 +jd￿.0￿￿ thas and resolY￿s. Tl* IocxJ5 was iar¢Jety on Colective
Worshi￿A$stMblie$, linked to al1ritr￿rteS swh as KirWJr￿s. Ger*rosty ett. Res0W￿5 b4sed M Ihe kd*onaryiwih ideas and ¢¢£asional v￿e¢*
dips. avallabk on the Dty)ce5an ￿bSite for thurd*s to atLW. Feedbac* h05 beefi positfft some thurths dIsknbu￿tVj resour￿ lo families.
and olhets using hleas for an ￿￿Age se¢*M of a￿1r* *wship. over8NtraiThro and devthwheni everts onhne had a rnixed lake up.
Subjects includ1n9."Seri￿Sty Me55K ￿Tea¥emen1 ID Messy cor¥Jreg*imsl aThY-Unexpected Chihj Church Area. wpre fv organised lor
church leadern.
Over the second halfof the year. a surveyofthe reWior*hw 01th￿CheS (r￿1 jI￿t Chvrth ￿ Er¢larO sth)c4$1 ws
com*ied. M)rking a Deanery ai 8 time.
In otherareas, ￿lO[Ma1 meelir¥Js *ith IIE Disatd"lty Ir1d￿l￿ hwt Corr￿￿￿ K4anr¥r¥J for irnptowrg Chwth acct￿¥)11fy fw Ih)se With 8
di5Ptility.
There is ongoing dialogue ￿ganiSa1￿)n% •d thariks a8 UM)n, Rer*wWe*w, Noah and Prtyer Spaces to share
fesources thurthes 8nd cMdren'$ leaders armss the Diocese.
hough devek)wenls*ith resp¢d lo Y¥xth have been delayed tr+slaffty and thè the •fflbAion to have Schools and
Pu￿LS Involved in n¢w(4ergy appThnlments has been h￿p1￿￿nted wa zoom. t￿1 lo streThJlhw ts link sthools and ¢hurthes.
Curat• Pl4¢gTh*nts
Previously. il had been plamed Ihat Slipendiary (yJra*s *Duhl hast to cornpleie a ￿8¢eMern in one of our ch￿ch schooLs as part of their In1￿.81
Ministerial Educat￿n. Sadty, Ihis was pul hohj due lo c￿trY. it wtterthd that by spenthry in a 5(hooi aThJ and slaff it %*ill lead lo
a deep IhBologic41 reftection and mini%tsri41 loFm•tyon.
Oth•r
Oiher areas of¢Jevelopment arxos5 Ihp OBE h•%E indL*Jed put4¢4tsw ofrn￿ rt¥ry¥¢d wl¢ies *there Ourch￿￿.aTh ￿K)n 1$ now
expli¢it. The DBE h•5 4 n¢w**bsite.
We also reco9nise oui role in becomry Carbon Neu￿ and anbcwate that as OW Staffiry capauty irKlea￿. we *41 be in a p05itKin to gppty for bid%
ich ￿ missed out on. in the first round olfi￿ry thrEd forsuth ry0Rcts.
Finaty, in 2021 le9i$lation re4uired revwin of the lorlhe of IhÈ Bowrf. ￿￿"ated in 20218r•a VAI be conduded during Ihe
cOu￿e of 2022.
FUSK MANAGEMENT
The Iruslees have ￿￿idered Ihe major str8legK aThJ oper8bwal ri5k& Ihe c*aritablB c￿Parry￿￿8 and are s*sfied Ihal the rEress
sleps have already been tsken lo le55en these ri5k5.
The risk ￿gIster Nlenbfies key areas v*)ere Ihe of tiiher fa*Je lo adorthe iftwl ofthe e¥ents is consklered Thwjh.. TKese are85 and as80C4aled
rThtwJation Strateg￿ are..
FIn0r￿e- Ihg 9r¥ni from the DBF in dedir* arth iiadequate lo rneet ihe respMsth"lilies of Ihe Board
Regular distussion aThl good C•Mmun￿￿on w•der diocuan lo sh￿* w5ioTr and apwoath lo slrengtheTh relabwsw IBLT.
Bu5the$5 Committee. Bishops cthJn¢l. DÈarw8ThJ th"ocesan SynDdsl.
DOE 10 allend BuS￿eSS CommAtee foreaty in¢jKaI*￿ of rthatyes so that chary? can be elkdNety man4ed
8alance of reseThes m8WttaIr￿ to gNe 5ffj¢ient time to plan.
Rtvw olte$ource req￿sted D8F
RecruilrnBnt & Reterrtion- inabdity of D8E lo reuLiI apwowialdygu¥rfEd exFwwKed si•ff
DBE Board lo be eThJaged to enab￿ c¥¥er affangenw15 to be styJrced1ry' 5hwed sl•ff Olherrf￿tySe. ¢WSLdtantset¢l
Ensuring good pasloral care sy51em5 aTr in ￿￿e.
￿n0￿edge shoring. 5ucces¥m pl￿ning. rypauty TA•fvn Ih? T*am.
Review 01$￿¥￿e$ offered ￿ r¢uuil and ieiain r#Jbt FeoplÈ.
Exploralitin af backfil sorr* a$peLXS ol rO￿S addthrnal ¢apaw wo¥bJed by appr0pria1etyqtsalrf￿d and experierKed Cor￿lIa￿ls.

DERBYOWESAM BOARD OF EDUCATK)M
REPORTOF THE TRUSTEES
Rlsk m•naq•m•nt Icontlnu•d...I
Small sthool ¥iab4ty- ii¥k ol sthool c*)sure and diyopoitwate iryact on ommLVUty.
Need to SLwpryI collaboral&ve approaths. È.9. fedtt*w and xadEmis*bon
Nved lo d•velop a Academy T￿￿t strategy
FINANCIAL REVJEW
The 8oard invests ltre majomy of it$ IwKls tlrouyh CCLA In¥esDiiert m•nagÈmeM￿th are k*irwestment *rfomiance. A subsl8nli81
elemeni of Ihe 8oar&s funds r￿d to be kepi Iv4uKI iecaus• of its rde in brwjgiry. burfthj prwls in schools befv4een paymeThl of invoices lo
contraclors aTrJ the receipt of grants from DE. In Odc•er 2C¥19 the Board Iwk p055ession 018 fonw 5th01 house al Wes*n9ton upw the
termiThalion ol a 99 year least to the Cowty CoLrriI. an annual rent of 50p had been payatrAe. The huuse VAS sdd al public aucbon in 2010
and pror%eds £184.392 ftymtd a new Restricted Fts￿1 wtu¢h ts be￿￿4 Ltsed lo h* subwdts¢ bjldmg proie#s there Ihe 9OV6ming
body is e4)eiiÈnLing in share.
The Board assists Voluntary ￿ded sdTools Ihe a¢Jrnini5trabon of for sthool projects and PTovision of IT equ￿rnent. The Board
acts as a9ent on behawof 5th001 governirg bod*E5 in r￿¥1￿ from the C)epartmerrf for Edycatron. k)cal athhorities and otherfurKliTrJ soyrc¥s
and settling contractors, o)sts and professthal ftes. The DfE and ass¢)oaied eynditurÈ arè ts)sts ofthe charty and tf*refore are not
refleL1ed ith the slalemenl of fina￿281 adivits"es. The stalemeni of finarthl acti*fres for ts year and the stale￿￿nI of frianoal position oflhe
chartable company al the year-end are shw w page5 13 aTrl 15 respec1We￿. Unre5thctyd funds 5hDwnet irKrynirvJ resourcts before Iran5fer5 01
£122.532 12020. nel outgoing resources of £14.3711. Resbithd funds shDwnet w￿•Mir￿) ￿soUrCeS of £210.704 (2020.. £28.59SI. End¢)Mment fvnds
Slwnet inGomirKJ resowces Of £153.859 (2020.. £69.189).
As set out in Notes 16. 17 aThY 18 Ihe Bowd hold5 and admint5ters a large nL￿ber of re5trthd aThY eThYvAThent lurKls. As al 31 D￿rnber2021
slricled fvnd5 tolollsd £1,034.73612020- £816.2321 and 1(knled £1.242.02512020- £1.088,1661. ￿￿ther •re ava4abk forthe
general PU￿Se$ ollhe Board. LthrestrwXed ger*ral ljnds lotaled £1.166,69612020.. £1.051.9641.
Charilable Cornpanlsvthoty-ryA￿d tradvw sthsAliwy, fkny tkDCe5an SeNc¢s Lirnited, remai￿ dormanl ha$ noi traded duriNJ
IhÈ yearended 31 Decemtei 2021.
Iny•stment pdicy
Underthe Memornfvjwn and AnKI¢s ofASwts￿. the Bo•r¢ hos ts pty￿rt0 make lrtveskn￿I th81 Ihe tNstee8 see fil. The Board has an
agreed elhical stance on Investmenls and VAI rK)I make in¥estmeThls n (•r￿an￿ ttwlde* in or Pr￿ce amiarnent5. Most oflhe inv851ments are
held *ilh CCLA Inve51ffent Management Ltd. The vahr offinaTrcial Nwestmenl$ h¥5 irKyea5ed in the ￿ar￿lIh r￿t gal￿ of£268.21712020".
e51.2181. Irbve5frneni pwpeThes had an Unrea￿se1 9aM of £96.236 P020". unreahsed hjss of £40,000).
R8s•rv9s polky
The Board 5trive5 lo ensure thai rf mairtsins suffioenl reserves kn enaNe it lo COnth￿ lo atlmeve Ihe obJ"eclTves of the thariiable company for Ihe
foreseeable lutur?. This invofves. as of necessty. ensurry Ihat adequate reserves arE maintai￿d io provhye a ol Income that %%ill Support
future activity. This Pr￿orne is supplemented by capilal artsing from the sak of buddiry5 May become swpkn$ tD reqvW￿ntS. This flexiblity
perrnit5 Ihe thoritable ty)mpanls capital to be deF4eied In yeats of high expeTrJrture on proptts. of the 8oard 1$ funded 101n￿Y by
the Oerby Diocesan 8oard ol Finance. pay Ihe Ma1￿ of offi(*rs' sak•ry cosls aThl make 8 grant loward5 operatirvJ t•$ts. a￿j income on the
8oard's finanoal ￿veStMentS. The 8oard akn deri¥e5 a Smal from a nurthr of propert*s. Addthnal income may be deri¥ed Irom Ihe
$ak of reduTrJant sthool trAJilrfry$.

DER8Y DIOCESAN BOARD OF EOUCATIOII
REPORT OF THE TRUSTEES
Frn• r•s•ryos
The trustees, reseThes poh'Ly r& to ensure Ihe oladequale fiTranri￿ res0Wr￿ fft on ¢n￿roNment of ronslart change and in¢fea&ng
thallenge. without having to make s￿defi irKreases ￿ dwryes fw5ervic¢s. po￿ isllwefore for GenÈrnl Fund r¢serv¢s, not hehj ￿ fi¥
a55e15. IG be *ilfrin a *ide of betr￿￿ IPKee ond l*Elvt monts. of it* yearfs tot￿ resour￿5 e4)ended.
Ffee rwryes inc4Jde in￿SIMents w bythe Board. In wder kn ma¥mnva¢ operational Ihe Board purtha8ed addrt*Jn￿ 8hare$ in 2021, as
these provide svJnThleanty better than reseNes hebj in the bank. Board can e￿ty drwwdrya•n tsse reserwes 5houKI Ihe fieed arise. It
shouh1 be noted that represerts a change in howfree reserye5 art fyp¢yted. as suth w)vestsnents ex￿￿)ed tron) the definiti¢n.
The indu510n of suth irweslmenl mB8ns Ihe baL?￿e of uNe5tricW fret r*ser¥E5 0131 Dec¢rter*as £1,071.74012020". £955,112- Ihe
vised defIn￿"0nI.
Re8•YV•S ttad up in fixtd ass•ts
Un￿Stric1ed funds comprise net assets arnowlry lo £1.166.69612020" £1.051.Wl of¥li* £94.95612020.. £96.8521 i* l*h1 a$ taNJtJle fixed
ssets. Some of these reserves are de51gnaled for woieds thal be ￿ried out ffl the fuiwe in line w•th the ViSlDn olthe DBE. Suth as an ONJO￿9
review of propertEs •nO to max*niJe rdum on mve$th￿.
PLANS FOR FimJRE PEFIIOOS
From SÈptember2021. Ihe Boaftl developed a ry￿-year adion plan to address operaitth)al matters a sustaffted perirwj wthout a p¢m)anert
Diredor. A r*wieam has been recAHled and Ihis has str￿ne￿ the Board's tapa¢* lo S￿ort sths)ots.
Within Ihe %*ider Di0￿5¢. 4 fi¢wvrsion has •mwyed. The DBE has cMsid¢rEd ItM$ and re-WI￿n its ¥1￿￿ to its contritrtth.on to the
Diocese. AJMg$ide a Ihree-l*ar￿rale￿ has t*eTr (fealed key awr*"onal indtcators
Small $ch¢)ol $ustawtslity tontinue$ to be • prwity for Ihe Btsa￿ ￿ Educaiitin. With •* olthe Edutalh?n Sem￿$ Grant IESGI the ability
of the Local Athorilies ILA) to SLWPOrt sthttol$ has been drasbc41ty reduced. The Nats"Mal Fwdmg FonThJla INFFI ts omntiv itroduced in a soft
'mannef' as a res￿1 of LA invdverrent i5 ¢¥ne lirThied. S¢>on fill effect of the NFF V&il be IEN all $thods. FinanrAal rnodelliNJ suggests
Ihai $m4 schools*41 be p•titwl#ty vukntrable lo llis.
The dioc*se has many srnan 8choc45 so faciitalwi olelkcts%% col*or¥DM Ihrcwh federati￿ or4tsdenM8alicffj 15 a koy wgoing and lulure acli¥ity
for Ihe Board rfschools are lo M8￿M￿ econonwes of scal? remap) vwtle. tt* ollhe pOV￿MentSwMe Paper in 2022. Ihe
Board has develwed a MuttiAcademy Trust $trateyy.
STRU¢nlRE. GOVERMANce AND MANAGeKNT
Oerby D￿Cts8n Board ofEducaton M a dbaraab* company knrted bygu¥arrtee. The I￿￿ty of Ihe ￿rI4)erS is limrted lo £1.
As sel out in afAssooation. the Ch*rman olthe Board oftw w sOm￿e apwnted ty the Board in consthts.on
wth the Bishop. Members serve hjrthree >*ws. The tru5tee5 ** asfr4hE:
The Bishop 1$ the Pre5idEnt oltt* Boar
Two persons nominated by Ihe Bisht¥•
Not kss than seven or mre than nre persons appointed by ts DiD￿$¥N Syrnd
121
13)

DÉR8Y DIOCESAN BOAIID OF EDUCAIIOII
AePORT OF THE TrVSTEES
Dlr•ctOf8 and Twst8•8
The director5 ofthe Board. a￿ atso the ￿L￿teS oftr* dwitab* coryany dLUY911% Jwr. aryj al the d•* ￿thiS feport. are sei out on page l. The
Board appoin15 a Oiredorol Educa￿ to ts Offi￿r$ ore 3￿nIable.
Tr￿8￿• f•cruMm•n(8•l•etloth & ￿nd￿tIon
The trustees ofthe c*arilable company (Th Chari￿) Ire bts tru5tee5 the PLVP05e of thanty law an¢J thrOug￿Ut Ihis report are wlledivdy refrrred
lo as the Board Nw¥ mem￿T5 are offerÈd an induti￿n meetir¥J wlh the Th"vedor (deta￿d bElow) and subsequent￿. training ￿ be provided by
Offitxts oflhe 80ard. D¢(iSiO￿ ore made demr￿￿*ty at Bo¥d Meelrys, olvthch at are hehy each yeaw.
The Di0￿58n Directorol Edvcabon holds ble'Dirpdorf. lyjt Ihis rElale51o IheirlLmcbw ¥Jitkn the oryanisalK)n aThJ ha5 no ley81 meaning within
Ihe lerninoloyy as$oriated ￿1h Ihe Compan*s Ad M Truskes art required to mainlaiTr thwentry il Ihe record of declaratio￿ ol interest and
Y8￿.
The Board hos iTrJemrity in5Lrance lor it5 trwlees key manDgBrrert petsty¥*l ￿ E1.WO.(W12020- E1.TrJO,OCQI of¢w ts prrided.
ft•munernllon of *•y m4n•g•m•nt pwsonn•l
Emolumenls of hwJher4aid eryloyees we delem*xd by thè F¥￿rt¢e aTrJ CrTh)*tie8. as and ryuired.
The lerms of rE1Ver￿ for Ihis grrw is est*L￿'Shed by Ihe Bo4r4 •nd
regular apwaisals,
remuneration and S￿ary ben¢fvrwknTra and
' reoimmendation o1thormJes v**re netessary
D•l•gatlon of day to dwy dgI¥•ry
The Trustee$ and Ihe S￿￿tee& a$$￿t Ihem in Ihe bANmeni ofth•r respowtkn, rety won Ihe Dredor of Education and cc4kague5
for Ihe delvery olthe day-to-day aclmties of the company. The Th"redor of E¢Jucation is S￿rifiCar￿1 genernl dÈ*9aled oulhonty to deliwlhe
business of Ihe 8oard ￿ accord8rKe wih pokries frame(I by the T￿￿1¢t$.
RELATED PARMES
D•rby Dloc•s•n Board of Financ• Ltd
The prim•ty ¢bJe¢t ollhe DèF 1510 acA as finanoal exeoJtNe of the Lk¢esan S￿. b%Thi15t Ihe Board is Separate￿ 1r￿orpOraled. the DeF
I￿ld¢S &gThficant iesoi¥r*s to Ihe 8oard tolaulrfate the 5hwed ¥i5h)n ts rrA55ipn •rbJ rr¥i¥* *ith rjyhfren and y￿r￿4 peoplp.
D•rby DI0￿5•￿ Ac•d•rny T￿1 Ltd
The primary obi8d of the ODAT is to pro¥hJe rE¥ourc¢s ts thB 8wd lo f•thaie Sha￿ bision lor Mssitin aThS ffMnistyvAth thisjren young
peop￿.
Fundraislng
The charitable cfympany doe5 Trjl cary 5NJr¥kant fvndM%rwJ acb¥*S.

DERBY DIOCESAW BOARD OF EDU¢AnoN
REPOR7 OF The TRUSTEES
TRUSTEES. RESPONSI8ILmES
The Iruslees l*tto also diredcn ofoety ts"c%*san Board of Educabw purposes olcomwy Iwl are reSpo￿ble lor pwaring the
Report of ihe Twsiees an¢J the finanual state￿nts and Vr¥ted l(rydMI StaTrJords (United ltiThJdom
G2neratyAccepied A£￿)un11r*J PvoJK*l.
CoMp￿Y lawrequires the thJstses lo prep•re finanual stale4net)tslweach fina￿9￿ Lkmler uJwaThyltyrftr* trU￿aeS must nol approve Ihe
financial slalement5 unless they a￿ sab*led Ihal IW 9N¢ a and fair ¥wof the state of affairs of charilable company and of the ir￿orning
resourGes and appliGalicn ofresource5, the and ewthre. of IhÈ charita￿e cory•ny ILV that period. In prep8riTwJ these fi￿nti•l
$latements, trustees arE required 10."
se￿t 8￿tsb12 èEtOLmliNd po&Lits and I1￿ 4pty Ihern £t￿lS￿rty.
obserye the melhc4Js and prinopks in Ihe ChwrtE5 SORP 2019 (FRS Iir21.'
makefftjthjemerts tyr￿ estimates that •re ￿¥s￿na￿e and
stsle *￿I￿raPFIca￿le UK Standarts ha* been loknv*d. SW lo wrymaterial departwes disc4osed exT4ained in Ihe
financial 5talern¢nls',
prepar¢ th¢ finarKk¥ ststements on fv wr¥J ¢(*wn baw5 4rlpss it is lo preswhe thatlhe charitatl¢ GL¥Dpary wll cwlinue
operalicn.
The ¢r￿stee$ reSpO￿ltIe Ici keerATrJ •de¢•wts accowrfity ￿cOr1jS thBt ¢J￿d￿Se rea￿th acwacy al arry time Ihe ffinancial position of ihe
¢harilable corwny and ¢nat4e them to enswt thal the $th￿neth$ ujmpty the CLxnpaniè$ &t 2006. Ttw are also re5pon¥ble for
Safeguarding the assets ol the charilabk comparry and hen￿ for iakm9 reas0Tha￿e steps Ihe prevenbon and deiection of fraud and olhei
regularil%s.
truslees are responsknle for Ihe maintenar￿ ￿ integnty oflhe CL￿raie and firbanEial Inlufflbation ￿¥Jud¢d on IhE charitaNe wmpany's
*bsite. Legislatson irs th8 Unled ￿￿dorn gove￿r¥j ￿ preparation and dIS*rrfnat￿ ol *￿anCIa statements may direr from legislation in other
jwisdicltoThs.
DISCLOSURE OF INFORIAITION TO THE AUDITOR
In 50 f¥ as trustees are awwe..
there is no releyanl audit MIr￿atiOn of*tsth fv tharital* (*¥rwYs awxor is W￿re.. arxl
Ihe trustees have taken al steps th* I￿Y 0￿jh1 to have t*en to make Il*m5kn w4r¢ gf any relB¥ant a¥Jil infvmialkin and lo estabksh
Ihat the authtoi i% aware ollhal ￿tOm￿lI0￿.
Slgngd on b•h*lfof thg Bo•rJ of
The At R•v'd Ill•k￿M Bohopolftept
AppMv•d •nd au1horf¥b￿ lortssu• byth• Btr*vdW:
Sep 26. 2022

IIIDEPENoeMT AUDITO￿5 RepoRTTO niE MEIABERS OF
DERBY DIOCESAII 80ARD OF EDUCATIOII
Oplnlon
W? have audited the financaal slaler*nts of Dety D￿Ce$d￿ Bo¥d ol Education Ilhe'tharilabfe companll IDr y¢arended 31 Der*mbÈr 2021
%thrh compri8e Ihe stslement offfflana￿ 8th￿e5. 5tstemerrf pos1¢N￿. sta￿ne￿I of and noks to the finanoal stathmenl8,
dudiry svjnificanl acco￿lIng pohues. finanrial reptht"NJ fraff*vxJrk Ihal ha5 in their preparation is ap￿1¢a￿le law and United
lfjngdom Accoyntin9 Standards. fftduthrwJ Finantsal RePo￿￿j StaThJ8rd 102 th3 UK aTrJ R8publiG&lr4and
IVn#ed Gener8lYAcUwedAt>>￿ Pvxittl.
lft our0p￿￿ the fina￿101 slate￿1*$..
gNe a true and laif vthof the State oltt* ￿￿table eompanys aW*"rs as at 31 Dec*mber 2021, aThl of its incornirvj resources
and appl￿11¢￿ of re50wces. IncbAiThJ ts incc4De and exrwdi¢up. for the ￿ar en¢Jed'.
have been properly prepared ITh acc¢xdance wih United K￿￿M Gewaty Accepknd ACC￿ur￿l¥J PradKe". and
have beers prepared in ac£rxdanc* re4￿[eMer￿ ofthe CThr*es 21th.
8•¥lsfor
We ¢Dndy¢ied t￿raL¥lit in aCcC￿d￿n¢e *ith Intemaithal StsThJards on kn1it1￿ (UK) IIS4s OJK)) aTrJ applicabk law. Our responsibilit￿5 underthos8
standards are futher described in the auditor for the audit ofthe ffianual slaten%nts 5ecbon olow report. We are independent ofthe
charitable company in accordanry the etlycal that are relevart to ow ¥iwJit of the fv￿ll￿al slaternerrt5 tn the UK. Ind￿11￿9 Ihe
FRC'S Ethical standard, and have fu￿4￿0 (Ajr other ethical respO￿bIl￿es in act￿RIanCe these reqwemenis. We telieve that the audit
eviden￿ * have obtained Is suffia•rd and apFvopnate to a basi5 lo1￿r0￿￿On.
on¢bJS￿rt$ rtlaikngt¢ ¢•nurn
In auditing the financial statements. ￿ have COn￿ded tw ts lrtthes, ule ollhe goir¥J concem lJasi5 of accwntirvj in Ihe preParnt￿ ofthe
financial statements is appropriate.
Based on the work YAe have performed. have Tr)t vJenbf*d wrymaterwt u￿ertainl0eS relating to everts or 0)ndItio￿ Ihal, indivi¢JuJHy or
colkctively, may east signthcanl doubt on Ihe charitable comparrfs abdty io ctythue as a g￿r￿j con(*m fora perir*J of at least M*lvÈ m¢niFo from
the financil Sta*m¢r￿ are athhorised fot W.
(lJrresponsibillie5 and Ihe Yespon￿￿￿e$ ol InJ5tee5 Im1h￿FeC1 to gov¥ desqkned in the rB*¥anl 5¢clions 01lhi5 report.
i)ther ithl¢*m•ii
The other in10m￿liOn comprtse5 Ihe inlornalioTh inrJJded in report Dlthp tru5tee5. olherlhan the fitsarh>￿ 51atements and our ouditvrf$ report
Ihererffi. The ¢w51ee5 are respon$*le fwthe *YhEr Inf￿￿8￿0Th conlained vththin Ihe report oflhe truslees. opinion on the financ4al slalemer
doe$ nol cover the other Inforn)atson and. excw to the extenl other*w ewioty stated n our report, do not express any forn of aswrance
condLL8ion Ihereon. Ow responsibilty Is lo read ￿ olher informalTron arxl. in rfc4ng 50. conshler%%helhErthe Ot￿r infornalion is material
inGonsisienl %%ilh Ihe finanGial $iatÈment5 or our krwwge obtained ￿ Ihe cowse aud￿ or otheTh¥lse appears lo b¢ matsrialfy misslaled. Wwe
ideniify such rnaierial inU)nsi￿en(Ies or apparent maten81 mts*atem8nts, wured to Ibthelherthis gNes nse io a material
missialÈmeni in the financial slaternents themselwes. 11. based ￿ Ihe ¥e have performed. ￿ corKkJde that there material mis5t¥lement of
Ihi5 other infomalKin, ￿ are required lo repwt Ihal lad_
We have nolkng to reptyt irn Ihks tWJ¥¢.
Opknlorbs on oth•rm•lt•ws by th• CoThpwl•s A¢tX
In our opiThon, based on the undertaken in IhB cwrse of
e￿iStenI￿th the finan￿￿ StAtqmU￿'.

INDEPENDEWT AUDITOR7 REPORT TO THE MEMBERS OF
DeROY L¥O¢E5AN BOARD OF UJLI¢ATION
on whlth w• ar• v•qulr•dto r•pMty•xcWon
mw*•Mient5 In thedredtyJ' rqporL
Respon$lbllhles of tnrBtees
As mve in the bwslgfjs. st*rneni tsints¢e¢s ¥e tr*¢WwsofthetharitatlEaimparyforthe wrp05e5 of
¥16 r￿¥￿Sib￿ tort￿ ¢Yepar8b¢n L¥th8 styi•iirt aTrJ rtd r*wY48￿￿J thatty9w¥ ￿ •JfaiF WEW. ar>J l0r9jthlrl￿ ag Ihe iru&tse$
ee85e cperabM$. n¥rt•k"Sbcthrtith* ￿*1¢4Y¢S0.
eNor, lo I$>Je￿a￿adOr% rep(rtth•t wfL¥xnA)n.
m￿teMent￿tten It￿5￿. Mis2Wementscan w5e1ry￿ erferrry¥rfJwE CWOwEd rf. th8YttyJ￿Jrt*9on￿lYbe
¢Xe¢t rnatenal mi58tatement$ ￿ reyd ryfvr•JuknO&S. ItK**1ryfr•￿ •xl 8s8eMwdth* mwi4r(*rrtln r•sF4cI ol
iriewlarths, IndudiTrJ fraud W8*K1 rfj9￿. was t￿".
¢0MF41ar￿￿mlA ar*4t4t res￿.
OYPEnerKe¢Alhis ¢h8riVs seLtr.
TOL4￿￿jtknea1A
making eNU￿e5 of managen*nt as to *there IW ¢￿S￿le￿e￿ Ihue ¥As 5USWit4ty lo Iraud. iheir kr￿ge ofadu81, Skwded arhj
alkged fraud.. and

IIXIEPENDENT AUDITORZ AEPORT70 Th1È IIEMBERS OF
OERBYOIOCESAII 8OAIIO OF EOUCATIOII
Audhoffs re5pMsI1￿I￿e&tOT1he￿d[l olthe fvrwKW¥i•t•N￿{¢ty￿hWj•ol
T0addre￿1he risk ol maryrTr*t i¥is 8fAJ tyrtrride ol
r¢0oinyihe mifvJt•s rl meebw
Btrau8e inhwt Ilmrtaknsi4￿8￿￿. is a risk blal***41 Mid*eaal thdudity those toa ri￿talement in Ihe finanri
al￿*￿1$ Qr risk the *ith a Lwty retyjabts) is rèmo¥ed frc¥h Ir*ov8nts tranSact￿n5
renected in Ihe fv*DU81 a$%**il i*ely to W￿¢11n$1￿0S￿T1X￿￿*rth. 1$ *09r*i rv3¥f4r¥J irr9gu￿¥$9
Th15dÈxripti¢n fcrnSp¥tolour￿thtOrfS rewL
USB ol our r*port
This repts11¥ rn008 se4*tothe memter* 38 a rK*fy. 3 rl Part 16 ofthe CmpatknesAci 20￿. Our audM*DfK h38
n Undertak￿ 50 thatv￿ might 5tste to i*e E*arrt*4eoynwys rTrEmbu3 tPose rnaitets ** are r•wir2d to Statstotr*h in an aL&S￿8 8nO lor nts othÈr
fflerntws as a kéy. foroLYaurfrtth. IthT fww*¢*Ir￿*El￿￿yf￿rn￿d.
JifypManhAIIISEp27 2D220BIBGM7411
Jan• MArsh4H IS•nior Statutory Audttot)
For and an behalf of BHP LLP
57.59 Sakwgatt
ChÈ$ierfield
C*rbyshire
S4Q 1UL
Date..
Sep 27. 2022
12

DERBY OTrOCESAM BOARD OF ￿ucATIoN
STATEIENT OF FIMANCIAL ACTMTES
FOR THE YEAR ENDED 31ST DECEMBER 2021
F￿n0
InMm• •*d •ndtywm•thts Irom
Donabons
Chariiabl•a¢tyv*¥
17
347MO
365.283
a71.8
Inv¢¥lnwts
77
37,074
110.778
T4x41 In¢•m• •nd•ndowm•rt#
JM$14
4nhoo
412.631
ExpendRw•on
siw funts
20,7
>),739
21,547
$1.923
332,419
4ee,079
61,92J
291,23S
3SJ,158
$07.$26
Nqt Inc(wn•M•xp•nthrni b•lw•l•v•sknvrt
93371
12$242
124.9951
Net￿￿1100>8•s) ￿ in¥esth•rfs
117AU
165.859
J60,852
51.218
Nqt In¢•m•
121531
Q.704
7,0gS
26.223
Gr0$5tr*8ter¥ t*wn
17JO01
•t fflovefflfjmt Ihf¥hd$
114732
218.wl
1$3.1$9
ReEoncillation ol luhd$'.
Total lunds at 1 Januwy
Imi,964
•16232 1,001166
2.930,139
Tot•lfunOs •i J1 p￿rnber
1.166.698
1.034.736
1,242,025
3,443N57
2,956.362
J ¥thit*$ derwe from ¢MlirwMVJ athiks.

DÈRBY OIOCESAW BOARD OF EOLICATh)M
IPICOME AND EXPENDilliRe AecovNT
FOR THE YEAR FIIDED 31ST OECEM8ER 2021
2020
Toiil¥*¢me Il¢as•x$7hTTh
482.631
Rwowtqs •xp•nd•d Ilas¥ 4ndcA¥mqrti
IY)7.8261
OFéf8bf¥J $WFWI06fvAI lortho
128342
124,5951
Nel g￿n￿l(lO$s￿l ¢Y*iTh%*slr
142.9881
expenthln1sdqth*d •dpJths
14

DERBY DI1XEs￿ 8OAftD OF EDU¢ATroii
STATeMENTOF FIN￿elAL posmoN
IA compary by¥u*Trnt¥•l
REGISTEREO IIUM8ER 0046JI
ASAT JIST DECEIIBER 2021
FbxedAss•ts
Tan9ibfe assets
Irwesknenls
12
,852
13
J,178.712
3271.668
2,368.OW2
2.464.854
Debtors
14
Cgsh al b•nk tynd ￿ hand
15
SP9,)3J
1.053,931
cr•dIto￿.. anroJrl$ l•lng
16
{on.fjopi
114t Cuffent Assets
491.50
JW,457
2.956.30Z
Th• F￿d5 of lh• ¢hAr5ty".
Urmtricted F￿d$ lolvthith £370,447 (2020- £280.879)'
hekl in a revaluatkin ￿er￿e)
l.If6,69S
1.051.964
Restrided FuThYs lo1%**￿* £634,635 12020- É81.2101 r6
In a revalualion rese￿e)
Endownent Fund5 {01thth£419.4W{2020-£265.$22)
rev￿u3￿0n r•sqr¥•}
878.232
18
f 242,02$
3.443.457
1.088.166
1956.362
Sb3nfd on bAh41Tdthe èoA
Sep 26. 2022
Is

DERBY OIOCESAN BOARD OF EDUCATIOII
STATEIENT OF CASH FLOWS
ASAT 31ST OECEIIBER 2021
¢•sh wthdod4v*l th) by n•t•bthl
C•sh Ilows In¥e*tlng Wvth¥'.
189.135
113S.$42)
Dr¥hler>Ys. nleresi and rEnlS
110.778
Fixed asset addibor*
11,9321
Investment addition5
1447M5n
(14,5641
N•t ca6h pro¥ld•d byllumd In) In¥•%lin9 a¢tl¥lU
13317411
Chany In cash in the 1•po￿n4 p•rk)d
1144.605)
1412fjts1
Cash atthè b8gl*nlng ofth• p•ri•d
Cash 8t1￿ ond of th• p•rfod
1.053.931
1.096.198
919￿3
I.OS3.936
Notetstoth• lkn:
from o
2020
Net movement in fmys
417.0
16.223
Depre(48bon
3.2e6
IG•insl I on investfflerts
1360M21
Donaled assets
th'TrAder*l$, **erest TEnts
1114.117>
{110.7761
Decrease I lincreaael in debtN5
va￿31
ie6.6481
Inuea8e Ildeueas¢l in ueditors
105.482
Nel cash prnmded I by operatThJ athb8s
189.13$
{136.$421
I l$of¢ha
ètslnrt￿d
As •t Ji&t
D￿Mb•1
2021
Asat 1st
¢ash
Cash and ¢Mh wuival•nts'.
Cash
1.OSJ.g31
1.0$3.938
1144.60$)
901333

DERBY DJOCESAN BOARD OF EDUCAIM>M
NOTES TO THE FINANCIAL $TATEIAENTS
FOR THE YEAR EIIDEO J1ST DECWER 2021
A¢¢ountln9 pollel•s 8a515 of prgparthi
T￿tha￿ab￿￿rnp￿ * a hfflitodtyw¥*e rei•w•JaTrJ in En¥￿d & W*e& T￿e rnernbe￿ ofthe c<¢npwy*eth8
ireaty% sei•irttyipa9e 1. Inth¢ up. th•fratiltyii ￿￿thI9￿rar4ee￿5 Iwr*lAdio£1 per member.
DettyOA)(*W meetstre¢*finrfK#) ￿ a bwrfrt¢nbty￿￿ FRS 1tr1
*J th¥rittOS PBpanry in a¢x7y¢jar￿ÈW￿thV• Fin*￿)31 R4pytrwJ Sl¥￿ thl UK affdR•pJNK ofirfsnd 19Su•d in Ociober
2019. the Fina￿* Repo￿ry 8r*at4e in t* Uthj •¥J Retyth ol (FRS 1Q•.th0￿￿sA(I20l1. th8 CornpgnwAAcl
2006 *ld UK Gtneralty*wted Au*urthr4 Pr•*K
•1 years prÈsertsJ thr*tsÈ
Gtyng conc•vn
mayust SVW1fitart drth on I￿at￿lty0*￿e￿Ofyl0￿￿bnL￿ CWKem.
at4Iityk+¢th7￿ as a9cty C(rK￿. In the fI￿claI slatements.
T•hglbl• Ilx•dass•ts d•pr•tlatlon
Tangibk fixed assels are stated ai ¢¢$1 less deprEriatii)n. Deprtuation ai rnt¢s c4¢xdo¢ed10 *YilÈ ¢)ff Ihe cosl offixed
a$sets ex¢bJdity free1￿ld laTra, o¥er their•s*mated Val￿ as fth*s."
Freeho￿ propety
F￿1￿$. ffttings and equym•
lryrovements lo I￿aTrted proF4ty
2% stravJM kne
33.3% Str8￿m lkne
2% straight
Freehdd land is not dePr￿jated.
The de ￿￿rIMI$ ￿1 wed for a5xI ¥¥a5 £500 fhJrir¥ the >w.
17

OERBY DVXESAN 8OARD OF EDV¢ATIOII
IIOTES TO ThE FINANCIAL STATEMENTS
FOR ThE YEAR ENDED J1ST DECEII8ER 1021
Inve•trnpnts
f*r valL* *ith r*arw feCtyt¥￿ in iW**es} CD irTheam*ts' 41 iré WA rfthe w•Jod (￿￿￿181r￿lV￿¢aThrfW90b0
School prop•rtl•s
Debtor5 and ¢r•dltorn F•c•krf•bl•l twhhln on• y•*r
imP81m￿Trt are rwiseo
Provlsk4M
¢￿h •t b•nkand kn h•nd
Cash at in hand L¥8h*fstsx.1￿1m#pty irA*Stsm￿ts*mha or198sfw th¢tht¢ofacquiGition or
Optn￿ oithÈdewsit¢x*rNiar*¢art
Fund accountkng
.F￿￿& bythe ¢hariiaileMmp￿￿e•ll
Unrestrfcted fvhds. Thos8 8regew¥ fi￿swh￿ ¢ar* be us•¥ in charlabl2cwparrfs thierJNes althe (h5r¥eb)n tsflhÈ
Irus*es.
lh• challa￿8 Mmpany kn P*truiarW￿Ses.
Endowmant lunds-These fund5 represeNI those assets hthj perrnar*Nty ty thè cornpany. Tra use ofthe hictyme
art5ing on these fvnds 15 i•strd¢d #nd spetsft. gams c*k*ses w*irvJ oth the in¥esbneDts fom) ￿ ofthe fund. F￿6X￿ana1I0Th of
the nalU￿ purpose of the restrrled l￿d5 end(￿1￿￿￿$ ts ir￿ded in note 16 and r￿lts 17.
Incorn r¢cognltlon
ThvJ in¢¢yre Is delerr&Y lntheb4￿esheeI rei*ued ffti¥sh* Is¥ w 14
Rental incorr* is recogTh8ed on an acuua15 ba¥s.

DERBY OIOCESAN BOARD OF EDIJCATIOM
MOTES TO THE FINAMCIAL $TATEMENT$
FOR THE YEAR EPIDE0 J1ST DECEMBER 2021
exponditur• r•cognttlon
Cerl8in expenthlure isdire¢ty attri￿laNet0 5petifit thit*s has b*h in these cosi caiwes. Certain other ¢osts are
a11n￿￿t￿¢t0rnrye I￿n 8(*vtyare xross¢xcatew5 ba￿j ai esbrnoteofthe wopNbon ofl*ne spenlon these athties.
IrreGo¥erableV*L*A0d*JT￿ (VAT) Ifbts SOFA ltyif•wtedoswtcrfotr4 •¥¥¢t•S*btyiwWi5edl •dd•531knJ ￿derthE
Employmont bgn•fits
Op•ratlng l•ase8
ReduNl*ney paymonts
RedundaTrGy benefils are p8yabfe then erylrfyY￿ ts terrn￿￿ betre Ihe I￿81 retwemenl d*e. ry W￿￿Ver an ern￿oyee acr2pts
voluntary redunlarKy in exchan9e for these benefils. The chonty recoynisPS tedlndancy benefft5 ¥fftn bt ts commilted to kminaiMI9 the
erry)I¢)Yff￿nt olcutrènt empkbyees 8t£ordity io a det*d IDrffl￿ pDss** ol**hdrawat.
Flnanclal kn5trum•nts
Tr* ¢haityonly has Tinar￿a¥ flTraKi*i*irfies ol a kThJthai¢TrAtya5 ba5iEfthHNia IThSI1ITh￿ BMfinantial Ir￿tr￿Ments are Inthalty
*rncrtwJi>)$1 u?dNJm8 BfteL*Ne Interw me
Judg•rn•nts and koy $ourt•s of oStlrnat6on unc•rtalnty
There are rnjudg￿nents IW Iromttw t￿¢ h￿be￿I in tr* ￿'t18$ihIl
Thete ¥ro w kèy asSuMp￿￿￿K•rTrry thef￿re key ￿￿￿￿OIeS1￿￿a1ts￿ atthe repDibr•J date th31 a $¥rifKarl ol
An we8 0tkeyestirnatyc￿ un¢ethw. riskdwt0wn￿ tarq urdertal(en. t5the v*uabon of iDVè5tsbenl
The Valuaware***¢i ioMWntsdaneAF¢rt skle cl repawofthe proFerbes, local knryAIEdge and
hDu%ng mwketflua￿•frty￿.
19

DERBY DIOCESAN OOARD OF EDV¢ATION
NOTES TO ThE FIMAMCIAL STATEMEIITS
FOR THE YEAR ENDED 31ST DEceM8ER 2021
Donation¥
zi
De￿81¢0•88ets
Ch•ritablè xtyv*i•s
21
DIE adrninvatr8iN*Itsg
Olh?rinccrn*
1.149
12.544
4,150
1,149
1l$44
4.150
347.440
1.023
4.000
19.400
347.430
371 853
l¥J*
347.440
Ibwe8tm•ntlncom•
?o?I
1020
Rents rec•vable
t ir*erest
Qth¢r IrK
53.219
142
53.219
53.443
1,326
37.074
110778
Exp•ndfjtur• on ta￿l￿g fvndB
21
19.510
19,510
1.229
20.317
1,230
20 739
Ch•rhabtg A¢￿￿110$
DM¥etC4•ts
2410
Granls payab
AdftNni$lralion cosis
Eslab115hmeni eypensos
Tra￿1r¥￿ and Tesowos
275
456,395
12,984
305.643
13.641
13.135
332419
305,643
13,641
352419
486 079

DeR8Y OIOCESAII OQAIID OF EOUCAmll
NOTES TO THÉ FINANCIAL $TATÉMEKrs
FOR ThE YEAR ENDED 31ST DeeEAIBER 2021
Admlnhtratlon eo81s
2•21
2020
SF*(i8Usit¥mferwK*s
SUbSty￿n$
173
475
1.115
173
475
1.115
158
858
3,427
13
1321
614
1,028
432
2,993
9,792
22,769
2,250
525
40.OCb)
280.SC6
1,990
16,162
Photcccy
113
swIKwy
Tdephcrf*
H05Prtahty
SundryewBrtes
A￿lt I
Legal and lee5
eonsultancy
Bank cr4ryÈg
ReimtNrsmÈMto OBF
orrice SkNc05ts In* ii)
AFoeal
OihertXWndrfure
106
1,007
65
1.233
8,520
29,024
87,176
473
1.007
1.233
8.520
29.024
31,203
55,973
473
135,9S3
135,963
4.500
1,696.
Establishffl•nt èxp•fis•s
24Z1
4.021
927
8.026
667
4.021
927
8,026
667
1.590
1.252
8,106
Leaso hTh Of•quI￿ert
surarKe
71glnSng and Trsourc•s
2•21
2DI•
E¥ert5 putdtty
Rtstyms lib￿ry
13.135
13,135
16,408
10
AudllOrf$ r*mw￿ra1I0ft
Fèe$ payatle 10 ts 3￿Jit¢{lofthe *Mtht oflhe Tn￿$ anrwjal •¢¢thmi*
7.100

DERBY OMKE&AN 80ARD OF EDUCATION
NOTES TO TIIE FINAPI¢IAL $TATEMEpirs
FOA THEVEAR ENDED 31ST DECEIIBER X*21
Staff Costs
21
2020
Wage5aid sa￿rie
Soual se¢urity
119.604
7.060
240,044
23.958
135,963
260.506
31
zo
FulHime e4uiv¥ent IFTE} Durnbwderr¢knes"
NL￿ber of eMp￿￿e81￿￿j rrKqe th￿£60.0￿ w•rrrtwn'.
£70.c•i ioe80.W
Q.Cffj1 to￿).(•))
Is
Trustees. Iravd expEnses ol£NI12020.. £14114?￿ I¢￿r$e￿ thJrirwJ Ihe yew IwfKJ tr￿tee5{2020'. 1 InJ5teel. None of the truste85 have
been pahl remunerabon in eIther￿ar_
R•mun•ratlon of kny mana9eff•nl pw8onn•l
Key management personnel are deen*d lo be those havirrfj authority aTrJ (esponsibty, delegaied to Ihem by Ihe Irusiees, for pL•nniry,
direthng and controliThJ the actNibes of thB 8oarf ol EducatK•n. 2020 role ofActin9 D¥ector of E¢thxation was conwri%d by 1
employee. Remuneraliw, pe￿lan conlritmrtions and nalimal inswance for Ihts ern￿Oyee arnour￿ lo £77,957. Dulry 2021. the rde of
AGting Directsr o( Education was pro￿ded extematy. the costs ofTAthth amO￿tsd 10 £55,973.
Ouring 2021. a $etlknent ag¥eemen¢ tot•lknwJ £23.277 (2020- £81.10Ww•s made in ￿spE￿ of teThn￿atr￿ of dutie¥ of previou5 key
management personnel.
Yanglbl• fix•d a550ts
12
Tol
Coat
15tJ¥nLWy %21
74.485
25,102
64.353
163.940
Al SI￿ DqC•IMbW2021
74
163 940
Dtpr•ti&tKJh
Al 1• JIIK￿ry202l
19.363
23.345
667
24,380
1.229
67.088
1.896
Di5pDSdS
Alalsi D•umbw2Q21
Net bDokv4u•
At31110gc•mbw2021
31*0Kqlrth#f2D20
122
IrK&Jded freehold i•nd pvoperty is laTrJ bs nol deyetialed￿th • ¢￿1 01£55.122 12020.. £55,122).

DERBY OIOCESAN BOARD OF EDUCATION
NOTES TO niE FINANCIAL STATEMENTS
FOR THE YEAR EIIDED 31ST DECEII8ER 2021
13
FlJÉ•d a680t Inv•stm•r
2ty31
At 1siJ•nu•ry X*21
1,813.438 1,792,220
4W.057
Re4iaed ga¥lS I{k&8•sI
ilw•ali4od 9oin$l (Itss￿)
At 3l&t (jec￿ber 2021
91
18
591 712 1883 438
VOgtm•rfpmp•ni*• Im¥W v41u•l
At 1$1 J4nu4ry 2021
414564 s10.rxio
7.800
14,564
Disposa15
Re*ised 9aM l{ILuesl
un￿alISed gaiDsI Ik6866)
At 31Jt December 2021
484 564
3 176 712 2 368 W2
2D21
larket value of InveJtmert hdd wllh:
CCLA Inve5trnenl man4￿￿nI Lld".
CUF chlln￿ Fu￿#
CBF 1rn¥tsts￿1n1 ur•ts
51.530
45,415
2.417.242 1.729,590
121940
108 433
591 712 1 883 438
tori¢ ¢o•t of Ihv•*bVrt sxwlO•¥
Ashlryd SGIK*I HOUS•
Ashftyd F¢rmwSchool
Sl8rkh¢4rn
350.000
225.000
300,WO
160,Tr)0
24 564
22,364
14.564
The inve5trnent pr¢perty valuatpons have supplKd Comme￿101 (Ihe D8E Chartered Surveyor), as 31st December 2021.
The Charitable company 100% of lh• issued wdinary share cawi of Dety (hot*san Education Service5 bmiled. a cornpany
Incoryjorated in the United Km9dorn. ￿￿panY was domantthr(whtrJi the year eThJed 31st December 2021 and r¢serves amounted lo
£100. As Ihe company i% not IradirN. a has been made 4an5¢ the investmenl. Derby 0￿￿$#A Educaiion Ser¥Kes Liwdted has
the same regi51ered address as DBÉ.
14
2ty20
Trade+Jebto
Ctherdebtorts
18.724
20.312
311
75.922
20.453
14 804
111 179

OERBY DM)CESAM 80ARD OF EDUCATIO
NOTes 70 TrIE FIMANCiIL STATEIIEIITS
FOR THE YEAR EIIDED 31ST DECEIIBER 2011
15
Cash at bank and in h•nil
Induded %*ithin cash is £609.169 41 ts b*n¢t sheeidale12020.. E450.6991 Bu4YwvJ5 Capt•l tylhe ¢harilable
Com￿rry on beh4lof o nlmbvofsdthls.
16
Crodltors: arnounts lallng du•T*ithkn >wr
1021
Trade rRoltc45
Ot￿teredito
Attmals
Cre4dofs (fmd$ r*&Yas
st￿0t b￿￿￿1￿j and rr wqeds(n¢¢• 2B)
Stw DFC prty8th
40.9S2
100.758
28.212
54.822
100,756
67,330
411,60J
197 $6S
779 091
275.859
￿￿%$1$ ofLYei*tors for2020has been mNe fairty reled the natwe t￿dItorS. The lolal is ￿a￿￿eted.
16
G*E&
31at
Restrtted Incrffi•fundl
WeGW91th1 s*
217.410
5.253
24.805
247,460
N¢Si
S.016
5.016
35.000
1.872
3.321
2.189
21,305
70.CQD
135.rxi)I
Systwn L¢•a¢￿
1.872
3,321
2.189
RÉ 14•1
277,440
(256.1351
An9ki
SchrdHou
350.000
225,000
10.000
4.006
4.972
160.000
24.564
I.¢￿6
4.399
59,K¥J
117,2641
5,1t¥J
2.7NJ
Speckgl PtQiBas
573
G•ltrAThi￿￿￿p1lzI1 F¥nd
Bwoms Chanty
styeeiistJOhTr'6PthtyC4rt9)
5.523
576
14
11001
S,999
1.U2
23.Q93
1161
14.405
72.163
21.970
X133
816 232
291
3S
117 425
7800 10347
Endtywrn•Tht lunds
Inveslmenl irKome on eTrJovrnl fvryjs is SPEnl M Ihe rEsknJwl shwi abo¥e. EyTrYilwe of£1W VA5 iwre¢l duriThJ the >tar
12020." £19.127).

DERBY DIOCESAII BOARD OF EOVCATION
NOTES TO THE FINAIICLAL STATEMENTS
Foft THEYEAR ENOED 31ST DECEMBER 2021
17
R•8irt¢i•d fvnds l¢ontln
At31
p￿pertY$*
217.341
5,016
5.021
(16,162
11.210
217,410
5,016
NCSL
70.IYJO
IT0.0￿>
Str%hrn L¢•dMSIMp
1.872
3.321
2,189
1.872
3,321
2.119
RE Net
277.430
1277,4301
11481
YtyJm AhWD
340,(#)O
160,000
10.(hXI
3.750
4,101
5.095
1.355
6.047
70.028
140,(th1
300,000
160.000
24.564
4.006
4,399
S.S23
1,364
14.405
sthrkn<th•sLx
14.564
256
G*EM*mcqW P￿Ie1FUnd
n*Ch*ty
Stre4iistJOWSpthtyCe*￿)
Shirtand P￿￿r￿s* proc•qd*
555
{1271
8.358
21.135
19.0ry)
816 232
W•s6ington Prop•rty S* Fund
InU)n￿ of£188.180 gru$s of saks eywses wos rE￿Ned bythe Board in tht >*ar endKw 31 Oerembei 2010. w>￿ed$ onty be
used '4) Qf towards Ihe purthase ola sb* for. orlhe ere(*on. ¥nwovemeThtoredaryemeM ofihe pwi8es olany CNJrch of Errfjland
Volunlary Schod ki the [*'0￿$e of Derby or a leacws hrrtjse for use in oinnection v•lh suth a 5fthoof. IncLwre DI ES.02112019.. £4.9291
has been generaled IhroU9h investm¢nt of Ihe fwbj •nd ￿alised and unrtalised gal￿ and1oss*s have akn bw re￿9￿1$ed.
NCSL F￿￿
Furmling prOV￿ed byth¢ College ol tr￿1)01 LeadetsP• (NCSLI sp¢tsk•lty to the dev¢kipmen¢ of k•d*r8hip of *•¢h¢rs
¢￿￿r¢h 5¢knoo1$.
School Improvom•nts Fund
F￿￿1ftg re¢*bved from the Oerty f*•L*W Bo•rd •fFDwnc* £70.IKKI (2020". £70,1￿1 its lèe*tst¢ the de¥ek•pmÈnt of school improver￿n1
serwices.
Sy6tom L•ad•rsh* Fw
FL￿dfftg prov*led by NCSL to SYPW1. develop attrnd poter** ieachers.
Aswrant H•ads Fund
Funding provided by Ihe Nalimal c￿￿ge Sthool Devek)w)*nl Agwtylo pi4Mle CPD I￿POle#t4￿ thrch leaders. Fwdk
recefved by four sthools, £1.0￿ eaL*.
RE Net FVMI
Funding reteived from St ch￿topher$ Colk9e Éduc*wJn TnAI loi the prof￿￿)￿1 deveknwnlof Reh3K)tss Educatim C￿rdinat￿8 and
De￿1 Dioc•san 8oaid of FiMn¢• FuThl
g the year £277,44012020.. £277.4301 was Dty Board olFiThartt as a cofflribution Imrds officers,
Sal￿eS and a¢Jminkilrabon costs.
Youth Anglo Cathollc
F￿dIng for expendilure on Ywth Aryk> wDiects. 15 relEa5wI as is forvA)rk on developiry young
people from ANJIO calhO￿¢bO￿9rOthJG.

DER8Y DIO¢ESAI¢ BOARD OF EDUCATIOII
IIOTES TO THE FINANCIAL STATEIAEIITS
FOR THE YEAR ENDED 31ST DECEIABER 2021
17
R•strtct•d Funds l¢onWny•dl
A5hlorrf School Hou¥•
In 2020, le9￿ advice rtteived from Ihe OBE solKrtorswge51Ed be w￿￿ent to rec4as5ify S(1￿(1 Hwae a5 a reslrided fund.
Clanty*ilh regarfs to fv 5th w¢x*eds, sIKthI a 5* lake ￿are, onty be aSC*rt•r￿d afterthe salB ol ts property.
A8hlord Forn￿r School
In 2019. legal advice received Irom Ihe DBE soSthor $w5ted Ash￿￿ Fonrw S¢tsxl shwbj bt capAali5ed as ￿ a55et belDnyry 10 the
08E. The currert Cend￿n ofthe pfcyrty does ￿¢1 the potenb.al fiJtLKe vabx.
Land at StartholftT•8
In 2019, legal adwce ret*¥ed from the 8oWor swgesled land ai stathlmes, vaw at £10.rK#) in cjfftnt eondilicfis, cO￿d
polenlialty be sok1 for up lo £200.OCQ should deyeloprwl ¢)pptyluiies arise. The Board k8 Djryenty invesligalirg potents.al opportunrties
available fordevelopmert Im Lgnd.
Transfor tse￿n fvnd5
A transfer has been made frrrtn unre8*Kled I￿15 to reslrh*d relalry lo &alth￿rneS and Ashford Formv Sth)c4 developmenl
oddilion5 in the year.
end*)wm•nt Funds- P•rn4n•rt
urr*nly•4r
Spe￿￿ pMiiet* Funts
17.765
12.405
20295
17.765
15,067
23,015
865
849.174
336 079
1242 02$
Gql Prft**FL*•J
B>Y¢msCh¥ty
Shi*nd Pffjpety Sa
2,7
742.818
11*.356
Swi4PrOi•rtsFuM$
17.260
11.730
19,040
505
17.765
12A05
20,255
olcknth
675
Gel MeTr}y￿p￿￿es
1,255
694,982
275 100
1 018 977
47.836
18.918
742.818
294 018
1 088 166
The inccffje arksing from the ￿0[￿eThI fvrKls is a¢¢ou￿ for m ￿tr￿e￿ ofthe th￿￿&bre ￿rr￿anY and moy be used 8$ Idl0￿..
Sp•tial Pro￿¢￿ Furlds..
5% tward8 reltyjious edwation
5% tV￿r￿S SuThJay sdm15
10% towar¢$ ywth
D•rby8hli• As8o¢latlon of Church khool&
The fi1nd￿9 of repaws. allerntrons or sd>x4s. are not elv•b* for grants from DIE orlhe k)cal au￿0thty.

OERBY DIOCESAN BOARD OF EDIICATION
NOTES TO TrIE FINAN¢IAL $TATUIEiirs
FOR THE YEAR ÉNDED 3187 DECE118ER Yt21
Endowment lunds Icontlnwdl
G•ll M•morfal Prizes Fyrtd
The making ofawards pri2¢s fo c￿ren wihwi Ihe respd ofr*ousethJcatsn propds.
yfoms ¢hadty
The furtherance olchnstian edutatrth) in parishes in D*ty.
Shtftand Prowrty Sa
The capital and the in￿rne of may be 8pp&¢d to the fvndity ofwrthase of o sit* for, akerathorts +y imwov¢m¢nts to, LY
maintenance of. any rdevant or leac*ef$ house in the affea. Tlt ir￿* of Ihe Irusl assets may be apphed In or Imrds Ihe
provisim of alvtce. 9V￿anCe aThY resowces in cvffiethon vilh any maller r¥￿ted to manage￿￿nI of. or education piovided al. any
relevani school in the area. the pro¥i¥oN olservJL*5 for r•rryu4 out #W*L*¢xts.' or to defr•y thè ￿)￿Of emplw'w or enoaging siaff I
tomethion Ihe above.
Mill Stre•t Prop•rty Sal•
The capitsl and Ihe income oflhe May be apF4*d lo ofpLYtha8e ota site tr. atteTrlh?n5 or imFfovements to. or
mainleriante of. any relevant sthod orteathÈfs h¢)u5e in thE ￿ett. ir*ome ofth2 tnJ5t assets may be apPl￿d in or tO￿￿rdS the
provi&on ol advice, guKlan¢* arnl resources in ¢onne(abtin *ith any rnall￿ ￿18￿ io the management ol, or educ4ts)n provided al, any
￿e￿vant s(*ool In Ihe area", IhÈ ryo¥￿10n of semces c4rryry out irwecbons." or lo defray the cost oleMpbo￿Thj c¢ e￿aging staff in
connection ￿1th Il* #boye.
19
Unl•st￿¢t•d funds
Currnit year
t J151
DK•mb•r
2021
94.8B6
61.923
800
Prfor yew
At31&t
DKeThb*r
20
20
un0￿rtI¢d fur
124 759
10 819
14
20
Summwy of nrt*ssgts by fund CuTh•ntyw
Current¥e4r
f¥nd•
T*giW flx¢d asxts
In¥ostrneDts
CLThI as8tts
Cwreni IKqrilib¢S
Totsl net ts5e
,9S6
1.170.616
680,215
94,gS6
601,989 1.404.107 &176.712
432,747 {162.0821
950.880
1 166 £96 1 034 736 1 242 025 3 443 457
Prknry•4r
Trds
I¥DoS
Totsl
Tar41)￿ fixed 4s8ei$
Invèstmmts
urrenl a55ets
Currenl Ikryknli
TO1￿ net
96,852
633.1g
995.531
673 609
98.862
484.584 1.250.248 2,368,002
331.668 1162.0821 1,165.117
673 609
816 232

DeR8Y 0￿e$AN BOARD OF EOUCATTOII
MOTes TO niE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31$T DECEMBER 2021
21
Op•rniing l••s• ¢ommoim•nts
Al 31st De(*mber 2021 ts tharit3blE wual wnnwbnents 0#Wrw￿￿t4e wrating lea8¢$ as folknws".
1021
2020
Ewirydal•.'
796
995
22
Contingènt Nabllltl•s
By virfue of Ihe nature L*aiitablÈ compw*s there mty b¢ poiertal in respedof past property trans8c1ioT￿ in
r¢laiifm lo the *gaI￿ have not t*en compkled. ThBFe are M 8UL* pOleth￿ Sabl￿e5 lo Ibe mernbers oflNI 8o¥ril al this
time.
23
Capital tommltm•nts
A8 part olits ger￿ra1 actmbes ￿ c*ar1ts￿e Lxmp8ry is coffffiblled to substartial ewrKlilwe ￿ Ihe constwclion. impTovemw)t and repair
of chwch schools. T￿se costs VAI ho￿t¥er be ebgibk for reimknerrent ty wtue of grahts rv*ived orMntribthionts frnm the indi¥pJual
school gov*niThJ and the Btr*Td doe$ noi deem [￿e to bÈ Ca￿al t&)￿1b)ien15 enlÈred INO ty the Board.
24
Pen81on sch•rn•
The pension tharge rep￿￿nts c¢>nlIil¥J￿W$pa￿j by thariablB (•nyarytO P¥5ffjo1 Pe￿0￿ olempbyees durry Its year to
Ihe value of£9.29912020". £16.5041. At Ihe pareThl, to $cheff￿ £nil (2020. £Nil).
25
Rel&t¢d partytransa¢tio
The V￿r* ofDerfoy Lkoce$8n BO8￿ ol Educ4lT¢ffi ts Its￿Jed partty Deth ￿"Or￿Jan 808rd ofFinarKt, p8Y the rnajority ofihe
officers. salary c051s and make$ a 9ranl towards operatiThJ ￿51& ￿ri￿ the year an amwnl of £347,44012020." £347.4301 wa5 tEcei¥fjd
from Ihe Derby DiDcesan B¢arl of FKwnce. Rt. Re¥*eThJ knbby L** w8$ 8 dwetiorol ￿th c(xnpanies ￿ring the y•¥. b•kn(*
0￿7￿9 10 Ihe Oerty Diocesan Board ol Finance 1•8s £Nd al ￿ yearend 12020- £23.8611.
During the year an amount of £53.86512020.. £72.9601 p4KI to Derby Dwsan Acaderny TtUSt. a charilalAe GDmpany. r¢laiing to
Payments made for educat￿nal actiw1￿. T￿se pa￿rts are HI lh2 chariiabbÈ ofDerby th.oce￿n Board of EducabDn.
The Venefabte Carol Cosleit. a tntstee ol DDBE d￿Thj Ihe)Ew. w¥ a th"re(tsr ofthe Derby C*.0￿$an Ac•Jemy Trust dumg ￿ year. The
balance was £17,500 al the year end 12020- £44,600}.
26
Controling party
The tharitob￿ tompanyis controlkd by Ihe BO8￿ olTnAtees. kn Ihe ofthe t￿lee$. Ihere is no oveRI cwlmth.ng party.
Fundg hold as Gustothan on b•hall ofoth*s
There are a numtrKr of School properties. are nol let•￿ed •$ assets hEbJ on bewof otr*r5. as Ihe dÈsiinaiiM of sale k¥OteÈds is
uncertain.

DER8Y DIOCESAN BOARD OF EDUCATIOII
140TE$ TO THE FWICIAL STATEIIE•ITS
FOR TrIE YÉAR EIIDÉD 31ST DE¢EM8ER 2021
28
FuThls hold as 89•nt
School DFC ProAKts
The Board assisls V¢￿ntary Amled schooL8 *ith Ihe admiiistratioft of frAirvJ S{￿ bu*Jw¥ wojeds. The Board 8¢18 as agent on behalf
of school govemiry bodies in recetwrvJ fimds from Il% Departrwi for Educats"on. I(￿ wthortr5 and other fiJndiThJ ￿￿re$ and settling
onlradors, c051s and profeSs￿)nal fees. Thi5 acbwty of th2 Bo4r¢ is nol refécled Slaternent of Finanri* Activities 05 Ihe tranSaC￿On%
are Ihos¢ ofthe 5(*ool governir4 bDthe¥ ratr*TlhaTh thÈ 8wd.
MoveN*ffj •n the fvnds tythe Bo•rd •$ •genldwThvJ Ihe J*ar*t •$ 1011ty4o."
Balar•¢e •$ at 1 Janu#ry 2021
Total income during the year
Totsl expendrture dunng the year
èaknce x *t 31 D•c•mbor 2021
174.840
119,307
Sclwol bulldlhg and ITpMjKts
The 8oard assists V(Auntary**led thv adrThrx5tr*1ion of for sd￿￿1 proJe4s PrOVi5H￿ of IT equipmert. The
Board a$ ageth on behalf of stho(A goverThNJ bod*s in wivry from Ihe Cyarkn)ent for Edwtion. loal aLrthorilies and other
funding sources and setllry eorrtradors. cosls 8ThJ prole8si(thl lees. This ac*wty of IK* Board is refieded in the Statement of Finanaal
Acbvthes as ihe trarwctions are Ihose ofV* S￿01 goNTwnirg Ix*Ji88 rthr ihw ts Board.
MoverrEnl on the ￿nds hTfvJ by ￿ 8oard as agBnl the Star￿re asf(kns'.
Balance &8 at 1 Jqnuary 2021
Total incorre durir#J Ihp year
Total expenditure dunng the ￿8￿
balance as at 31 Decefflber 2021
275.859
280.489
PrIorY￿r Comparatw• Slat•m•nt ofFIn8￿la1 Athlll•s
Totsl
Intame and endowments Irom
h3ntat4e xl%llie5
IDvestrnents
Total Incomo and 0nd0￿￿￿ts
24.423
75 146
347,430
371,853
110778
482 631
383 062
RBi&n9 fuTrJs
11.022
113.737
124 759
10.525
372.342
382.867
21.547
486.079
507 626
Net (expendI￿re) linGom• btstr*re Investment
(25.190)
124.9951
14•t J•ln$l IIM•o$1 Iii¥¢ty
10,819
(28.79DI
$9,189
51,218
Pl•1 l*xp•ndtur•) IknEom•
114.3711
(28.5951
69,189
26,223
114,5641
M•1 mo¥•m•ntkn funds
128.9351
114.0311
69.189
26,223
R4¢oncllSatlon ol h￿￿$..
Tot41 fu*d¥ •t f#t J•tbv•ry >)20
Tot41 lundsat 31st D•G•mb•r2020
1.080,899
830.263 1.018.977 2,930,139
818 232 1 088 166 2 956 362