2021-08-31-accounts

				Page
Reference and administrative		details
Trustee's report				3-5
Trustee's statement	ofresponsibiliges
Independent auditor's	report			7-9
Sbdement offinancial activities				10
(Incorporating an Income and expenditure			account)
Balance sheet
Notes to the gnancfal	statements			12—22

Registered	Office Address	Office Address	Batley Grammar	School
			Carlinghow Hill
			Bstley
			WF17 OAD
Charity Registration		Number	529335
Trustee			Batley Grammar	School Trustees		Limited
Governors			Mr lan Blamiies
			ProfJohn Double
			Mr Robin Ghosh
			Mr Alistalr Hartley
			Mr Paul Taylor
			Mr Oliver Tlplady
Statutory Auditor			Brown Butler
			Leigh House
			2M2 St Paul's Street
			Leeds
			LS12JT
Bankers			Uoyds Bank pic
			Kirklses Business	Centre
			1 Westgate
			Huddersgsld
			HD12DN
Solicitors			Wrlgleys Soikdtors	LLP
			19Cookridge Street
			Leeds
			LS23AG
Investment	Managers		Investec Wealth 5Investment		Limited
			Quayside House
			Canal Wharf
			Leeds
			LS115PU
			COLA Investment	Management	Umlted
			Senator House
			85Queen Victoria	Street
			London
			EC4V4ET

				Unrestricted	Restricted	2021	2020
				funds	funds	Total	Total
			Note	8		8	8
Incoming resources:
Donations end legacies
Donations received				250	1,205	1,455	36,167
Investmsnt income			3	12,925	13,102	26,027	29,863
Total Income				13,175	14,307	27,482	66,030
Expenditure on:
Raising funds				4,390		4,390	4,017
Chargable activities				26,895	335	27,230	32,743
Total expenditure			4	31,285	335	31,620	36,760
Other recognised gains and (losses):
Net realised gains/(losses)
on investments			10	2,593	2,628	5,221	(30,884)
Net unrealised gains/(losses)		on
Investments			10	53;380	54,106	107,486	(11,882)
Remeasurement gain/loss	on	defined
benefit pension scheme	liability		16	31,797		31,797	(1,098)
Net Income/(expenditure)			7	69,860	70,706	140,366	(14,594)
Recondilstlon offunds:
Fund balances brought forward				599,778	715,510	1,315,288	1,329,882
Fund balances carried fonvard				669,438	786,216	'l,455,654	1,315,288

						2021	2020
					Note	6	8
Fixed assets
Tangible assets Heritage assets Investments					8 9 10	520,677 38,600 904,298	536,126 38,600 779,104
						1,463,575	1,353,830
Current assets
Debtors Cash at bank and	broker					49,973 22,353	54,019 25,409
						72,326	79,428
Creditonx amounts	falling due		within
one year					12	16,120	1'l,850
Net current assets						56,206	67,578
Net assets excluding		pension	liability			1,519,781	1,421,408
De8ned benefit pension scheme				liability	16	(64,127)	(106,120)
Net assets						1,455,654	1,315,268
Funds ofthe Foundation
Restricted funds Lrnrestrlcted funds					13 14		715,510
Revenue fund Pension reserve						733,565 (64,127)	705,898 (106.120)
						669,438	599,778
Total charity funds						1,455,654	1,315,288

7.	Net income/(expenditure)	isaiter (crediting)/charging:	isaiter (crediting)/charging:
					2021		2020
					E		E
	Operating leases —rents Auditor's remunera6on Depreciation	receivable			3,ODD 15,449		(13) 3,000 15,449
6.	Tangible fixed assets
			Sixth		Fixtures,
		Building	form	1975school	6t6ngs	and
		Improvements	block	extensions	equipment		Total
	Cost		E			E	E
	At 1 September 2020 and
	at 31August 2021	512,148	437,974	25,000	61,131		1,036,253
	Depreciation
	At 1 September 2020 Charge for the year	304,060 6,534	109,936 8,915	25,000	61,131		5D0,127 15,449
	At31August 2021	310,594	116,851	25,0DD	61,131		515,576
	Net book value
	At31August 2020	208,088	328,038				536,126
	At 31August 2021	2D1,554	319,123				520,677

Tile flv'e-year financial summary o	fheritage lixed a	sset transacb	ons is:
	2021	2020	2019	2018		2017
	E	E	E		E	E
Addigons:
Donations			38,600
Fixed asset Investments
				2021		2020
				E		E
Veluagon
At 1 September 2020			779,104			516,931
Addlgons st cost			121,384			133,670
Disposal proceeds			(108,897)		(128,731)
Net realised galnsl(losses)				5,221		(30,884)
Net unreallsed gains/(losses)			107,486			(11,882)
At 31August 2021			904,298

					Realised 8
		At	Incoming	Resources	unresllsed	At
		01.09.20	resources	expended	losses	31.08.21
		E		E	E	E
Prize and scholarship fund Jean Naylor Gaunt legacy fund Batley Lads roll ofhonour fund Peter Brook Fund		218,683 455,842 2,385 38,600	5.453 8,854	335	18,394 38,340	242.195 503,036 2,385 38,600
		715,510	14,307	335	56,734	786,216
					Realised &
		At	Incoming	Resources	unrealis ed	At
		01.09.19	resources	expended	losses	31.08.20
			E	6	E
Prize and scholarship fund Jean Naylor Gaunt legacy fund Batfey Lads roll ofhonour fund Peter Brook Fund		219,590 460,200 2,385 38,600	5,982 10,080		(6,869) (14,438)	218,683 455,842 2,385 38,600
		720,775	16,062		(21,327)	715,510

				Transfer	Realised &	Rema asurernent
	At 01.09.20	Incoming resources 5	Resources expended f	between funds	unreelised losses 5	ofpension degcit funding	At 31.08.21 2
Revenue
fund	705,898	13,175	31,285	(10,196)	55,973		733,565
Pension
reserve	(106,120)			10,196		31,797	(64,127)
	599.778	13,175	31,285		55,973	31,797	669,438
				Transfer	Realised &	Remeasurement
	At 01.09.19	Incoming resources 6	Resources expended	between funds 2	unrealised losses 8	ofpension deficit funding 6	At 31.08.20 f
Revenue
fund	724,558	49,988	38,760	(10,429)	(21,439)		705,898
Pension
reseme	(115,451)			10,429		(1,096)	(106,120)
	609,107	49.988	36,760		(21,439)	(1,098)	599,778

			Price and	Jean Naylor	Batlsy Lads	Batlsy Lads	Peter
		Revenue	Scholarship	Gaunt legacy	roll ofhonour		Brook	2021	2020
		fund	fund f	fund f	fund	f	fundf	Total 2	Total 6
Tangible	5xsd
assets		258,285	85.276	177,116				520,677	536,126
HeNege
Bxsd assets							38,600	38,600	38,600
Fixed asset
Investments		448,582	148,105	307,611				904,298	779,104
Current	assets	42,818	8,814	18,309		2,385		72,326	79,428
Current	liabilities	(16,120)						(16,120)	(11,850)
		733,565	242,195	503,036		2,385	38,600	1,519,781	1,421,408

The key assu liability was:	mption used by the actuary in ca	lculating the defined b	enefit pens	ion scheme
			2021	2020
Discount rate			0.90%	0.80%
The opening	and closing balances ofthe dettned	benetit pension scheme	liability are reconciled
as follows:
			2021	2020
At 1September2020		106,120		115,451
Finance cost			805	1,147
Employer delctt contributions			(11,001)	(11„576)
Remeasurement			(31,797)	1,098
At 31August	2021		64,127	106,120