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|||Page|
|---|---|---|
|Governors,<br>Principal Officers and Professional|Advisers||
|The Report ofthe Governing<br>Body||5-22|
|Independent<br>Auditor's<br>Report||23-24|
|Consolidated<br>Statement of Financial Activities||25|
|Balance Sheets||26|
|Consolidated<br>Cash Flow Statement||27|
|Notes tothe Financial Statements||28-55|





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|averages, as the exams a|way from teacher|assessed grad|es which were|used nation|ally<br>in summ|er 2021:|
|---|---|---|---|---|---|---|
|All figures<br>in percent|2022|2021|2020|2019|Eng. 2022|Eng. 2021|
|A Levels (including|||||||
|Pre-U)|||||||
|A*-A|67.6|83.3|70.5|63.8|35.8|44.3|
|A*- B|86.1|95.6|90.8|85.4|62.2||
|A*- E(pass)|100.0|100.0|100.0|100.0|984||
|GCSE|||||||
|A*/9-8|65.6|77.7|66.4|61.9|||
|A*-A/9-7|83.0|91.7|85.9|77.0|26.3|30.0|
|A*-B/9 —6|92.9|97.7|95.5|86.8|||
|A*-C (pass) / 9-4|99.6|100.0|100.0|97.7|67.3|79.1|





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||||Funds:|Unrestricted|Endowed|Restricted|2022|Unrestricted|Endowed|Restdicted|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||Notes|E'000|E'000|E'000|E'000|E'000|E'000|E'000|E'000|
|INCOME AND ENDOWMENTS||FROM:||||||||||
|Charitable<br>Activities||||||||||||
|School fees receivable||||35,113|||35,113|31,807|||31,807|
|Ancillary trading income||||1,527|||1,527|948|||948|
|Other Trading Activities||||||||||||
|Trading income (non-ancillary)||||1,759|||1,759|873|||873|
|Investments||||||||||||
|Investment<br>income||||406|69|5,489|5,964|286|64|4,829|5,179|
|Voluntary<br>Sources||||||||||||
|Donations<br>and legacies||||1|1,382|676|2,059|187|188|532|907|
|Other||||5||72|77|1,498||6|1,504|
|Total Income||||38,811|1,451|6,237|46,499|35,599|252|5,367|41,218|
|EXPENDITURE ON:||||||||||||
|Raising Funds||||||||||||
|Trading||||889|||889|596|||596|
|Financing costs||||963|||963|268|||268|
|Investment<br>management||costs||12||2,029|2,041|10||1,892|1,902|
|Fund-raising<br>and development||||||506|506|||372|372|
|Total costoffundraising||||1,864||2,535|4,399|874||2,264|3,138|
|Charitable<br>Activities||||||||||||
|School operations||||37,515|||37,515|34,026|||34,026|
|Scholarships,<br>bursaries|and|prizes||||3,587|3,587|||4,131|4,131|
|Payment to Lawrence Sheriff School||||||681|681|||667|667|
|Costs ofCharitable<br>Activities||||37,515||4,268|41,783|34,026||4,798|38,824|
|Total Expenditure||||39,379||6,803|46,182|34,900||7,062|41,962|
|Net (Expenditure)/Income||||(568)|1,451|(566)|317|699|252|(1,695)|(744)|
|Net gains/(losses)<br>on investments|||13|(1,619)|10,561|(2,463)|6,479|2,412|8,544|4,429|15,385|
|Net Income||||(2,187)|12,012|(3,029)|6,796|3,111|8,796|2,734|14,641|
|Transfer between funds|||20,21,22||(69)|61|||(599)|599||
|Actuarial<br>(loss)/gain<br>on defined<br>benefit pension scheme|||18|1,113|||1p113|1,240|||1,240|
|NET MOVEMENT IN FUNDS||||(1,066)|11,943|(2,968)|7,909|4,351|8,197|3,333|15,881|
|Reconciliation ofFunds||||||||||||
|Balances brought forward||||||||||||
|at 1July||||70,130|132,809|24,725|227,664|65,779|124,612|21,392|211,783|
|BALANCES CARRIED FORWARD||||||||||||
|at 30June||||69,064|144,752|21,757|235,573|70,130|132,809|24,725|227,664|





## 

|AS AT30JUNE 2|022||||||
|---|---|---|---|---|---|---|
||||Parent|Charity|Consolidated||
||||2022|2021|2022|2021|
|||Notes|f'000|f'000|E'000|E'000|
|FIXEDASSETS|||||||
|Freehold properties,<br>fixtures Lequipment||12|59,173|56,115|59,173|56,115|
|Investments||13|155,156|150,203|174,393|171,787|
||||214,329|206,318|233,566|227,902|
|CURRENT ASSETS|||||||
|Stock|||0|1|78|61|
|Debtors||14|6,280|6,811|7,102|6,261|
|Investments —deposits|||513|680|513|680|
|Bank and cash|||43,588|6,915|43,680|7,093|
||||50,381|14,407|51,373|14,095|
|CURRENT LIABILITIES|||||||
|Creditors due within one|year|15|(9,802)|(9,132)|(10,190)|(9,365)|
|NET CURRENT ASSETS|||40,579|5,275|41,183|4,729|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||254,908|211,593|274,749|232,631|
|CREDITORS due after more than one year||16|(3&,813)|(3,615)|(38,873)|(3,615)|
|NET ASSETS EXCLUDING|PENSION LIABILITY||216,095|207,978|235,876|229,016|
|PROVISIONS|||||||
|Defined benefit pension|scheme<br>liability|18|(303)|(1,352)|(303)|(1,352)|
|NET ASSETS INCLUDING|PENSION LIABILITY|19|215,792|206,626|235,573|227,664|
|FUNDS OF THE CHARITY:|||||||
|Endowment<br>funds||20|133,371|121,521|144,752|132,809|
|Restricted funds||21|13,342|14,967|21,757|24,725|
|Unrestricted<br>funds:|||||||
|Unrestricted<br>income funds|||69,382|71,490|69,367|71,482|
|Pension reserve|||(303)|(1,352)|(303)|(1,352)|
|Total unrestricted<br>funds||22|69,079|70,138|69,064|70,130|
|TOTAL CHARITY FUNDS|||215,792|206,626|235,573|227,664|






## 

|CONSOLIDATED<br>CASH FL<br>FOR THE YEAR ENDED 30|OW STATEM<br>JUNE 2022|ENT|||||
|---|---|---|---|---|---|---|
||||||Consolidated||
|||||2022||2021|
|||||E'000||E'000|
|Reconciliation ofnet income to net cash flow from operating|||activities:||||
|Net Income forthe reporting<br>period (as per the Statement of Financial Activities)||||318||(746)|
|Elimination<br>ofnon-operating<br>cash flows:|||||||
|Investment<br>income and bank interest receivable||||(749)||(634)|
|Endowment<br>donations||||(1,382)||(187)|
|Depreciation||||3,961||3,739|
|Transfer ofFixed Assets from Bilton Grange merger (g||NBV)|||||
|(Increase)/Decrease<br>in stocks||||(171|||
|(increase)/Decrease<br>in debtors||||(633)||(1,661)|
|Increase/(Decrease)<br>in creditors||||1,233||1,245|
|Increase/(Decrease)<br>in Fees in advance|scheme|||(148)||(45)|
|Increase/(Decrease)<br>in pension scheme liability||||64||43|
|Net cash provided<br>by operating<br>activities||||2,647||1,791|
|Cash flows from investing<br>activities:|||||||
|Purchase offixed assets<br>.||||(7,021)||(3,455)|
|Sale offixed assets||||(21|||
|Purchase ofinvestments||||(8,111)||(15,805)|
|Sale ofinvestments||||12,228||16,326|
|Investment<br>income and bank interest|receivable|||749||634|
|Transfer (to)/from<br>short term bank deposits||||(285)||(438)|
|Net cash used in investing<br>activities||||(2,442)||(2,738)|
|Cash flows from financing activities:|||||||
|Increase in debt finance||||35,000|||
|New endowments||||1,382||187|
|Net cash provided<br>by financing<br>activities||||36,382||187|
|Change<br>in cash and cash equivalents|in the reporting|period||36,587||(760)|
|Cash and cash equivalents<br>atthe beginning ofthe reporting|||period|7,093||7,848|
|Cash and cash equivalents<br>atthe end|ofthe reporting|period||43,680||7,088|
|Analysis ofcash and cash equivalents:|||||||
|Cash at bank||||43,680||7,093|
|||||43,680||7,093|





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## 

|||||2022|2021|
|---|---|---|---|---|---|
|||||f000|f000|
|The School's fee income|comprises:|||||
|Gross fees||||37,392|32,890|
|Less scholarships/bursaries|not funded from|Restricted|Reserves|(1,092)|(220)|
|Less staff, sibling and other concessions||||(1,187)|(863)|
|School Fees Receivable|(SOFA)|||35,113|31,807|
|Less scholarships/bursaries/grant/prizes/other<br>from Restricted<br>Reserves||awards|funded|(3,587)|(4,131)|
|Net Fees||||31,526|27,676|
|Add back from Restricted Reserve||||3,587|4,131|
|||||35,113|31,807|



## 

|The total s<br>comprise:|cholarships,<br>grants,<br>prizes<br>and other awards|paid for by Endowed<br>and|Restricted|
|---|---|---|---|
|||2022|2021|
|||f000|f000|
|Foundation|Scholarships|110|113|
|Scholarships||942|1,343|
|Arnold<br>Foundation<br>awards (means-tested)||1,108|1,018|
|Bursaries (means-tested)||1,422|1,656|
|Contribution|to School fees|3,582|4,130|
|Prizes and Exhibitions||5|1|
|||3,587|4,131|



|||||2022|2021|
|---|---|---|---|---|---|
|||||f000|f000|
|Scholarships||||576|220|
|Bursaries (means-tested)||||||
|Contribution|to School fees|||576|220|
|Total scholar|ships,|grants,|prizes and other awards|4,680|4,351|





|4.|CHARITABLE ACTIVITIES - OTHER INCOME|CHARITABLE ACTIVITIES - OTHER INCOME|CHARITABLE ACTIVITIES - OTHER INCOME|CHARITABLE ACTIVITIES - OTHER INCOME|CHARITABLE ACTIVITIES - OTHER INCOME|CHARITABLE ACTIVITIES - OTHER INCOME|CHARITABLE ACTIVITIES - OTHER INCOME||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|2021|
||||||||||f000|f000|
||Other educational<br>charitable|||activities|||||||
||Registration<br>fees||||||||161|117|
||Courses||||||||7|0|
||Other including|tradesmen|discounts|||and|settlement|fees||0|
||||||||||168|117|
||Other ancillary|activities|||||||||
||Extra-curricular|activities and||trips (rechargedj|||||558|338|
||Other including|commissions|||||||0|0|
||||||||||558|338|
||Other trading|activities|||||||||
||School shop, museum,<br>tuckshop||||and|events|||801|493|
||||||||||1,527||
|5.|TRADING INCOME AND EXPENDITURE||||||||||
||||||||||2022|2021|
||||||||||f000|f000|
||Non-ancillary<br>trading<br>activities-including||||||trading subsidiaries||1,759|873|



## 



||||Company|Company|Shareholding||Net Assets|Turnover|Expenditure|Profit in|
|---|---|---|---|---|---|---|---|---|---|---|
||||registration||||at 30june|(incl inv't||the Year|
||||number||||2022|income)|||
|||||||f|f|f'000|f'000|f'000|
|Rugby School|||2264068||100|4|4|1,131|1,123|8|
|Enterprises|||||||||||
|Limited|||||||||||
|Rugby School|||10238790||100|||749|749||
|International|||||||||||
|Limited|||||||||||
|Rugby School|||10742346||100||||||
|Projects|||||||||||
|Limited|||||||||||
|Little Grange|||13879790||100|1|(14,694)||17|(14)|
|Nursery|||||||||||
|Limited|||||||||||
|The Arnold|||4516482||||17,918,148|2,830|1,682|1,148|
|Foundation||for|||||||||
|Rugby School|||||||||||
|Rugby School|||||||1,878,573|26|52|(26)|
|Combined|War||||||||||
|Memorial|Fund||||||||||
|6. INVESTMENT|||INCOME||||||||
||||||||||2022|2021|
||||||||||f000|f000|
|Rents|receivable||||||||5,216|4,546|
|Income||on|financial|investments|||||698|611|
|Interest receivable||||on cash|portfolio||||50|22|
||||||||||5,964|5,179|



## 

|ollows:||||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||f000|f000|
|Cumulative|Leasehold|property|income:|||
|Within one year||||4,922|2,348|
|Between 1—5years||||9,563|5,347|
|Over 5years||||16,094|20,659|
|||||30,579|28,354|





## 

||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||Note|Staff|Other|Deprec'n|Total|Total|
|||||costs|costs||||
|||||f000|f000|f000|f000|f000|
|Costs ofGenerating|and||||||||
|Managing<br>Funds:|||||||||
|Trading costs||||492|397||889|596|
|Fund-raising<br>costs||||270|236||506|372|
|Finance costs|||||963||963|268|
|Investment<br>management<br>Costs|||||2,041||2,041|1,902|
|||||762|3,637||4,399|3,138|
|Charitable<br>Activities|||||||||
|School operations:|||||||||
|Teaching||||13,772|2,006|524|16,302|14,924|
|Welfare||||1,014|4,704|197|5,915|4,684|
|Premises||||3,587|3,497|3,240|10,324|10,050|
|Support (including|||||||||
|ancillary trading||||2,376|2,283||4,659|3,982|
|expenditure)|||||||||
|Governance||||90|225||315|386|
|School's operating|costs|||20,839|12,715|3,961|37,515|34,026|
|Scholarships,<br>bursaries<br>prizes||and|||3,587||3,587|4,131|
|Payment to Lawrence<br>Sherriff School|||||681||681|667|
|Total Expenditure||||21,601|20,620|3,961|46,182|41,962|



## 

|To|tal resources expended<br>in|clude the following amounts:|||
|---|---|---|---|---|
||||2022|2021|
||||f000|f000|
|Amounts<br>accrued to advance||fees|5|5|
|Governors'<br>travel expenses (6Governors)|||28|18|
|Fees payable to the Charity's||auditors for:|||
|~|The audit ofthe Charity and Group accounts||58|53|
|~|Tax services|||4|
|~|Pensions audit|||6|
|~|Financial due diligence|||15|





## 

## 

|Total Staff Costs:||2022|2021|
|---|---|---|---|
|||f000|f000|
|Salaries and wages||17,350|16,024|
|Social security costs||1,594|1,467|
|Pension contributions||2,526|2,356|
|||21,470|19,847|
|Benefits —health<br>insurance|contributions|131|137|
|Salaries and wages||21,601|19,984|



||||2022|2021|
|---|---|---|---|---|
||||No|No|
|Teaching|||250|223|
|Operations|and|Administration|453|461|
|Total|||703|684|



## 



## 

||2022|2021|
|---|---|---|
|f60,000 —f69,999<br>f70,000 —f79,999|No<br>24<br>6|No<br>24<br>5|
|f80,000-f89,999|7|8|
|f90,000 - f99,999<br>f100,000 —f109,999<br>f120,000 —f129,999<br>f130,000 —f139,999<br>f150,000 - f159,999<br>f160,000 —f169,999|1<br>2<br>1<br>1|1<br>2<br>2|
|f230,000 —f239,999|||
|f240,000 —f249,999|||



## 



## 

|||Parent Charity|and Consolidated||
|---|---|---|---|---|
||Freehold||||
||land 5|Assets under|Fixtures S.|Total|
||buildings|construction|equipment||
|COST|f000|f000|f000|f000|
|As at 1July 2021|93,034|221|7,162|100,417|
|Additions|6,105|297|619|7,021|
|Transfers|212|(212)|||
|Disposals|||(410)|(410)|
|As at 30June 2022|99,351|306|7,371|107,028|
|DEPRECIATION|||||
|As at 1July 2021|38,965||5,337|44,302|
|Charge for the year|3,337||624|3,961|
|Transfers|||||
|Disposals|||(408)|(408)|
|As at 30June 2022|42,302||5,553|47,855|
|NET BOOK VALUE|||||
|As at 30June 2022|57,049|306|1,818|59,173|
|As at 30June 2021|54,069|221|1,825|56,115|





## 

## 

|||London|Bilton|Special|Composition||
|---|---|---|---|---|---|---|
|||Estate|Grange|Funds|ofFees|Total|
|||f000|f000|f000|f000|f000|
|Balance at 1|July 2021|113,209|5,668|29,830|1,496|150,203|
|Additions||844|65|3,741|201|4,851|
|Cash balance|movement|(62)|1|305|24|268|
|Disposals at net proceeds||(4,800)|(73)|(3,940)|(203)|(9,016)|
|Revaluations||11,879|(533)|(2,328)|(168)|8,850|
|Balance at 30June 2022||121,070|5,128|27,608|1,350|155,156|
|Represented|by:||||||
|Freehold properties||115,399||||115,399|
|Financial investments||4,807|5,121|26,799|993|37,720|
|Cash deposits||864|7|809|357|2,037|
|||121,070|5,128|27,608|1,350|155,156|
|Consolidated|||||||
|||Parent|Arnold||War|Total|
|||Charity|Foundation||Memorial||
|||f000|f000||f000|f000|
|Balance at 1|July 2021|150,203|19,491||2,092|171,786|
|Additions||4,852|2,918||342|8,112|
|Cash balance|movement|268|3||(26)|245|
|Disposals at net proceeds||(9,016)|(2,889)||(324)|(12,229)|
|Revaluations||8,849|(2,138)||(232)|6,479|
|Balance at 30June 2022||155,156|17,385||1,852|174,393|
|Represented|by:||||||
|Freehold properties||115,399||||115,399|
|Financial<br>investments||37,720|17,064||1,828|56,612|
|Cash deposits||2,037|321||24|2,382|
|||155,156|17,385||1,852|174,393|





## 

## 

|. DEBTORS|||||||
|---|---|---|---|---|---|---|
||||Parent Charity||Consolidated||
||||2022|2021|2022|2021|
||||f000|f000|f000|f000|
|Trade debtors|||2,167|2,888|2,683|3,193|
|Taxation recoverable||and accrued|||||
|income from|HMRC||||||
|Other debtors|||2,410|812|2,706|1,006|
|Inter-group|balances||100|1,054|||
|Prepayments|and accrued income||1,603|2,057|1,713|2,057|
||||6,280|6,811|7,102|6,260|





|||Parent Charity||Consolidated||
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||f000|f000|f000|f000|
|Finance lease creditor|||5||5|
|Trade creditors||3.311|2,709|3,398|2,782|
|Taxation and social security||593|551|600|556|
|Other creditors||1,543|1,745|1,546|1,825|
|Inter-group<br>balances||||||
|Accruals and deferred|income|1,875|1,676|2,156|1,751|
|Entrance fees and final|term deposits|881|584|890|584|
|Advance fees||1,127|1,308|1,128|1,308|
|Advance fees via Scheme (note 17)||472|554|472|554|
|||9,802|9,132|10,190|9,365|



||Parent Charity||Consolidated||
|---|---|---|---|---|
||2022|2021|2022|2021|
||f000|f000|f000|f000|
|Finance lease creditor|||||
|Debt finance|35,000||35,000||
|Entrance fees and final term deposits|3,428|3,153|3,488|3,153|
|Advance fees via Scheme (note 17)|385|462|385|462|
||38,813|3,615|38,873|3,615|



## 

||2022|2021|
|---|---|---|
||f000|f000|
|Between 2to 5years|132|168|
|Between 1to 2 years|253|294|
||385|462|
|Within 1year (note 15)|472|554|
|Balance at 30June|857|1,016|





## 

||||2022|2021|
|---|---|---|---|---|
||||f000|EOOO|
|Balance|at 1July||1,016|1,061|
|New contracts|||449|622|
|Refunds|||||
|Amounts|accrued|to contracts|||
||||1465|1,684|
|Amounts|utilised|in payment offees to the School|(608)|(668)|
|Balance|at 30June||857|1,016|



## 

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## 

||||||||||2022|2021|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Rate ofincrease<br>in salaries|||||||||n/a||n/a|
|Rate ofincrease<br>in pensions||||payment|||||5.00%|5.00%||
|Discount|rate||||||||3.75%|2|08%|
|Inflation|assumption||||||||3.51%|3.39%||
|Statutory|rate of increase|of||pensions|in deferment||||3.51%|3.39%||
|Expected|return on Scheme||assets||||||3.75%|2.08%||
|Assumes|life expectancy|on|retirement|||at age 60:||||||
|Retiring|today —males||||||||26.4||26.4|
|Retiring|today —females||||||||29.0||29.0|
|Retiring|in 15years —males||||||||27.6||27.5|
|Retiring|in 15years —females||||||||30.2||30.2|
|The amounts<br>recognised||in|the balance|||sheet are as follows:||||||
||||||||Market||Value|Market|Value|
||||||||||2022||2021|
||||||||||f000||f000|
|Fair value ofScheme assets|||||||||6,067||7,057|
|Present|value offunded|obligations||||||(6,370)||(8,409)||
|Deficit in the scheme|||||||||(303)|(1,352)||
|Change|in the present value|||ofthe defined benefit|||obligation|are as follows:||||
||||||||||2022||2021|
||||||||||f000||f000|
|Defined|benefit obligation||at 1July||||||8,409||8,886|
|Interest|cost||||||||173||149|
|Benefits|paid||||||||(190)||(210)|
|Actuarial|losses/(gains)|||||||(2,022)|||(416)|
|Defined|benefit obligation||at 30June||||||6,370||8,409|





## 

||||||2022|2021|
|---|---|---|---|---|---|---|
||||||f000|f000|
|Fair value ofscheme assets at 1July|||||7,057|6,337|
|Employer<br>Contributions|||||||
|Benefit payments|||||(190)|(210)|
|Expenses paid|||||(35)||
|Expected return|on scheme assets||||144|106|
|Actuarial<br>gains /|(losses)||||(909)|824|
|Fair value ofscheme assets at 30June|||||6,067|7,057|
|Analysis ofthe amounts||charged within the Statement|||of Financial Activities are as follows:||
||||||2022|2021|
||||||f000|f000|
|Interest on pension scheme|||liabilities||(173)|(149)|
|Expenses|||||(35)||
|Expected return|on pension scheme|||assets|144|106|
|Total amount<br>charged to the <br>Financial Activities|||Statement of||(64)|(43)|
|Analysis ofactuarial gains and losses:|||||||
||||||2022|2021|
||||||f000|f000|
|Actual<br>return<br>less expected<br>assets|||return|on scheme|(909)|823|
|Experience gains|and losses arising|||on the|(5)|34|
|scheme liabilities|||||||
|Changes to assumption||underlying||the present|2,027|383|
|value ofthe scheme liabilities|||||||
|Actua ria I loss|||||1.113|1,240|
|The major categories of||Scheme assets as a percentage|||oftotal Scheme assets are as follows:||
||||||2022|2021|
|Equities|||||23|30|
|Bonds|||||20|22|
|Gilts|||||||
|Property|||||9|10|
|Other|||||42|33|
|Cash|||||6|5|
|Actual return on|the Scheme||assets|in the period|(f765,000)|f929,000|





## 

## 




## 

## 

|The net assets are held for the various funds|The net assets are held for the various funds|The net assets are held for the various funds|and advance|fees as follows:|||
|---|---|---|---|---|---|---|
||Endowed|Restricted||Unrestricted|Advance|2022|
||Funds||Funds|Funds|Fees|Total|
||f000||f.000|f000|f000|f000|
|Parent Charity|||||||
|Fixed Assets||||59,173||59,173|
|Investments|128,358||13,024|12,424|1,350|155,156|
|Net Current<br>Assets/<br>(Liabilities)|5,013||318|36,289|(1,041)|40,579|
|Long Term Liabilities||||(38,731)|(385)|(39,116)|
||133,371||13,342|69,155|p6)|215p792|
|Consolidated|||||||
|Fixed Assets||||59,173||59,173|
|Investments|139,206||21,412|12,425|1,350|174,393|
|Net Current|||||||
|Assets/(Liabilities)|5,546||345|36,333|(1,041)|41,183|
|Long Term Liabilities||||(38,791)|(385)|(39,176)|
||144,752||21,757|69,140|(76)|235,573|
|(b) Prior year analysis ofnet assets between|||funds||||
|The net assets are held for the various||funds|and advance|fees as follows:|||
||Endowed|Restricted||Unrestricted|Advance|2021|
||Funds||Funds|Funds|Fees|Total|
||f000||f000|f000|f000|f000|
|Parent Charity|||||||
|Fixed Assets||||56,115||56,115|
|Investments|120,633||14,424|13,650|1,496|150,203|
|Net Current|||||||
|Assets/<br>(Liabilities)|888||543|4,808|(964)|5,275|
|Long Term Liabilities||||(4,505)|(462)|(4,967)|
||121,521||14,967|70,068|70|206,626|
|Consolidated|||||||
|Fixed Assets||||56,115||56,115|
|Investments|132,505||24,136|13,650|1,496|171,787|
|Net Current|||||||
|Assets/(Liabilities)|304||589|4,800|(964)|4,729|
|Long Term Liabilities||||(4,SOS)|(462)|(4,967)|
||132,809||24,725|70,060|70|227,664|





## 

|(a)|Current year movement|Current year movement|Current year movement|in endowed<br>funds:|in endowed<br>funds:|||||
|---|---|---|---|---|---|---|---|---|---|
|||||Balance|Incoming|Amounts|Total|Investment|Balance|
|||||at 30June|funds|expended|return to|gains/|at 30|
|||||2021|||income|(losses)|June 2022|
|||||f000|f000|f000|f000|f000|f000|
||Parent Charity|||||||||
||London Estates: Property|||106,221||||12,499|118,720|
||London Estates: Equity|||5,864|69||(69)|(618)|5,245|
||Lewis Benefaction|fund||9,274||||(31)|9,244|
||Bilton Grange|||162|642|(642)|||162|
|||||121,521|711|(642)|(69)|11,850|133,371|
||Consolidated|||||||||
||Arnold<br>Foundation|Awards||11,288|740|642||(1,289)|11,382|
|||||132,809|1,451||(69)|10,561|144,752|
|(b)|Prior year movement||in|endowed<br>funds:||||||
|||||Balance|Incoming|Amounts|Total|Investment|Balance|
|||||at 30June|funds|expended|return to|gains/|at 30|
|||||2020|||income|(losses)|June 2021|
|||||f000||f000|f000|f000|f000|
||Parent Charity|||||||||
||London Estates: Property|||102,631||||3,590|106,221|
||London Estates: Equity|||5,333|60||(599)|1,070|5,864|
||Lewis Benefaction|fund||7,606||||1,668|9,274|
||Bilton Grange|||138||||20|162|
|||||115,708|64||(599)|6,348|121,521|
||Consolidated|||||||||
||Arnold Foundation|Awards||8,904|188|||2,196|11,288|
|||||124,612|252||(599)|8,544|132,809|



## 

## 



## 

||||||Preserved|Unapplied|Total|
|---|---|---|---|---|---|---|---|
||||||Value|Value||
||||||f000|f000|f000|
|Brought forward:||||||||
|Preserved|Value||||4,362||4,362|
|Unapplied|Total|Return||||1,422|1,422|
|Total|||||4,362|1,422|5,784|
|Movement|in reporting||period:|||||
|Investment|return: dividend/income|||||||
|Investment|return: gains/losses|||||(619)|(619)|
|Unapplied|total|return|allocated to income|||||
|Unapplied|total|return|allocated to capital||693|(693)||
|Grant to Lawrence Sheriff||||School||||
|Net movement||in reporting||period:|693|(1,312|(619)|
|Carried Forward:||||||||
|Preserved|Value|||||||
|Unapplied|Total|Return||||||
|Total|||||5,055|110|5,165|





## 

## 

|a) Current year|movem|ent<br>in res|tricted fun|ds:||||||
|---|---|---|---|---|---|---|---|---|---|
|||Balance|Incoming|Amounts|Transfer|Total|Investmen|Balance at 30||
|||at 30|funds|expended||Return t/f|tgains|June 2022||
|||June||||applied to||||
|||2021||||income||||
|||EOOO|EOOO|||f000|f000||f000|
|Parent Charity||||||||||
|Special Funds:||||||||||
|Common<br>Investment<br>Fund||12,559|138|(353)|||(1,379)||10,965|
|Lewis Benefaction|Fund||66|(66)||||||
|London Estate||1,653|5,086|(5,157)||69|||1,651|
|School||755|57|(78)|(8)||||726|
|||14,967|5,347|(5,654)|(8)|69|(1,379)||13,342|
|Consolidated||||||||||
|War Memorial||2,140|26|(53)|||(234)||1,879|
|General Charitable||||||||||
|Trust||||||||||
|Arnold<br>Foundation<br>Rugby School|for|7,618|863|(1,095)|||(850)||6,536|
|||24,725|6,237|(6,803)|(8)|69|(2,463)||21,757|



## 

|b) Prior year mo|v|ement<br>in|restricted|funds:||||||
|---|---|---|---|---|---|---|---|---|---|
||||Balance|Incoming|Amounts|Transfer|Total|Investment|Balance|
||||at 30|funds|expended||Return t/f|gains|at 30|
||||June||||applied to||June|
||||2020||||income||2021|
||||f000|EOOD|EOOO|f000|f000|f000|f000|
|Parent Charity||||||||||
|Special Funds:||||||||||
|Common<br>Investment||Fund|10,757|187|(855)|||2,470|12,559|
|Lewis Benefaction|Fund|||77|(77)|||||
|London Estate|||1,713|4,338|(4,997)||599||1,653|
|School|||700|55|||||755|
||||13,170|4,657|(5,929)||599|2,470|14,967|
|Consolidated||||||||||
|War Memorial|||1,768|23|(58)|||407|2,140|
|General Charitable|Trust|||56|(56)|||||
|Arnold<br>Foundation<br>Rugby School||for|6,454|1,058|(1,446)|||1,552|7,618|
||||21,392|5,794|(7,489)||599|4,429|24,725|





## 

## 


## 

## 

|Arnold<br>Foundation<br>fund<br>is monies<br>given to provide<br>funds<br>and future<br>income fo<br>sary awards to Rugby School.|r the pr|
|---|---|
||f000|
|Expended<br>by the Arnold Foundation<br>in the year to 30June 2022 in accordance with||
|the wishes ofthe donors:||
|Bursary awards|1,108|
|Unexpended<br>balance ofgifts and legacies as at 30June 2022:||
|Restricted funds to be utilised for Bursary Awards|6,352|
|Unrestricted<br>funds<br>in Arnold<br>Foundation<br>(but treated as Restricted for the<br>Group) to be utilised for bursary Awards|185|
||6,537|





## 

## 

|Current year|move|me|nt<br>|in unrestricted||funds:|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Balance||Incoming|Amounts|Transfers|Investment|Balance|
|||||30June||funds|expended||gains/|30June|
|||||2021|||||(losses)|2022|
|||||f000||f000|f000|f000|f000|f000|
|Parent Charity|||||||||||
|Designated<br>funds:|||||||||||
|Fixed assets fund||||56,115||||3,058||59,173|
|New boarding|house|fund|||||||||
|Building maintenance||fund||283||||||283|
|RSE Fund||||688||||||688|
|Bilton Grange|designated|||5,654|||||(534)|5,120|
|Bloxam Fund||||12,292||(175)|||(918)|11,199|
|General unrestricted||funds:|||||||||
|School operations||||(3,543)||37,103|(37,424)|(3,050)|(167)|(7,081)|
|Pension reserve||||(1,352)||-|(64)||1,113|(303)|
|||||70,137||36,928|(37,488)|8|(506)|69,079|
|Consolidated|||||||||||
|Rugby School|Enterprises|||(7)||1,131|(1,124)||||
|Rugby School|International|||||749|(749)||||
|Rugby School|Projects||||||||||
|Little Grange|Nursery||||||(18)|||(15)|
|||||70,130||38,811|(39,379)||(S06)|69,064|
|) Prior year movement|||in|unrestricted|funds:||||||
|||||Balance||Incoming|Amounts|Transfers|Investment|Balance|
|||||30June||funds|expended||gains/|30June|
|||||2020|||||(losses)|2021|
|||||f000||f000|f000|f000|f000|f000|
|Parent Charity|||||||||||
|Designated<br>funds:|||||||||||
|Fixed assets fund||||56,399||||(284)||56,115|
|New boarding|house|fund|||||||||
|Building maintenance|||fund|334|||(S1)|||283|
|RSE Fund||||688||||||688|
|Bilton Grange|designated|||4,747|||||907|5,654|
|Bloxam Fund||||10,197||588|||1,507|12,292|
|General unrestricted||funds:|||||||||
|School operations||||(4,037)||34,313|(34,101)|284|(2)|(3,543)|
|Pension reserve||||(2,549)||—|(43)||1,240|(1,352)|
|||||65,779||34,901|(34,195)||3,652|70,137|
|Consolidated|||||||||||
|Rugby School|Enterprises|||||459|(466)||||
|Rugby School|International|||||499|(499)||||
|Rugby School|Projects||||||||||
|||||65,779||35,859|(35,160)||3,652|70,130|



## 



## 

## 

## 

## 

## 

## 

## 

## 

||||Parent|Charity|Consolidated||
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
||||f000|f000|f000|f000|
|Payable|within 1|year|283|5|283|5|
|Payable|between|2to 5years|502||502||
|Payable|after more than 5years||||||
||||785||785||





## 

##