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|Index|||||Page|
|---|---|---|---|---|---|
|Trustee, Governors,<br>Officers and Advisers|||||1-2|
|The Report ofthe Trustee (including|Strategic Report)||||3-11|
|Independent<br>Auditors'<br>Report to the|Board ofthe Trustee ofHymers||College||12-14|
|Consolidated<br>statement<br>offinancial|activities (incorporating|an income 8 expenditure||account)|15|
|Balance sheets|||||16|
|Consolidated<br>cash flow statement|||||17|
|Notes to the consolidated<br>cash flow|statement||||18|
|Charity cash flow statement|||||19|
|Notes to the Charity cash flow statement|||||20|
|Principal accounting<br>policies|||||21-24|
|Notes to the consolidated<br>financial|statements||||25-52|





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|||||Unrestricted|Restricted|Endowment|2020||
|---|---|---|---|---|---|---|---|---|
|Income|||Note|Funds<br>f|Funds<br>f|Fundf|Totalf|2019f|
|Donations<br>and legacies||||38,736|89,273||128,009|124,941|
|Other trading<br>activities||||136,891|||136,891|196,881|
|Investment<br>income||||55|2,614|3,463|6,132|7,242|
|Charitable<br>activities:|||||||||
|- Tuition and associated|income||5|9,551,730|||9,551,730|9,458,840|
|Ancillary<br>trading<br>income|||5|139,252|||139,252|255,535|
|Other incoming resources||||1,066|||1,066|1,521|
|Total income||||9,867,730|91,887|3,463|9,963,080|10,044,960|
|Expenditure|||||||||
|Raising funds:|||||||||
|Fundraising|||7|19,761|||19,761|20,685|
|Trading cost ofgoods||sold|7|1B0,599|||160,599|148,349|
|Charitable<br>activities:|||||||||
|Tuition and associated<br>costs|||7|9,333,979|5,367||9,339,348|9,388,655|
|Other|||||||||
|Pension deBcit reduction<br>costs —interest|||7,16|1,718|||1,718|5,000|
|Loss on disposal of <br>asset|fixed|||||||485|
|Total expenditure|||7|9,516,057|5,367||9,521,424|9,563,174|
|Net income||||351,673|86,520|3,463|441,656|481,786|
|Tax on profit on trading<br>activities|||6|(3,144)|||(3,144)|(8,412)|
|Remeasurement<br>of pension||deficit|16|1,173|||1,173|78,000|
|Net movement<br>in funds||||349,702|86,520|3,463|439,685|551,374|
|Fund balances brought<br>forward at<br>1 September 2019||||13,051,847|223,972|239,780|13,515,599|12,964,225|
|Reclassification<br>of property<br>and development<br>fund|fund|||20,389|(20,389)||||
|Fund balances carried forward|||||||||
|at 31August 2020|||17|13,421,938|290,103|243,243|13,955,284|13,515,599|





## 

||||BALAN|CE SHEETS -|31AUGUST 20|20||
|---|---|---|---|---|---|---|---|
|||||Group|Group|Charity|Charity|
||||Note|2020<br>6|2019|2020f|2019<br>E|
|Fixed assets||||||||
|Tangible assets|||10|'l2,323,619|12,569,800|10,703,171|10,927,933|
|Investments|||12|||1,179,743|1,190,801|
|Total fixed assets||||12,323,619|12,569,800|11,882,914|12,118,734|
|Current assets||||||||
|Stocks||||95„001|69,214|38,181|42,886|
|Debtors|||13|170,465|330,842|811,672|954,534|
|Cash at bank and<br>in|hand|||3,180,657|2,503,959|2,959,918|2,293,478|
|Total current assets||||3,446,123|2,904,015|3,809,771|3,290,898|
|Creditors —amounts<br>due within one year|falling||14|(1,650,043)|(1,761,920)|(1,591,201)|(1,718,313)|
|Net current assets||||1,796,080|1,142,095|2,218,570|1,572,585|
|Total assets less current<br>liabilities||||14,119,699|13,711,895|14,101,484|13,691,319|
|Provision<br>for pension|deficit||16|(164,415)|(196,296)|(164,415)|(196,296)|
|Total net assets|||23|13,955,284|13,515,599|13,937,069|13,495,023|
|The funds ofthe charity:||||||||
|Unrestricted<br>income||funds|17|13,421,938|13,051,847|13,403,723|13,031,271|
|Restricted funds||||||||
|Other restricted<br>funds|||17|55,000||55,000||
|Centenary<br>8 J Hymers<br>Bursary Funds|||17,19|105,610|96,719|105,610|96,719|
|Other funds|||17,21|129,493|127,253|129,493|127,253|
|Endowment<br>funds||||||||
|Permanent<br>Endowment||fund|17,22|||||
|EG Mallalieu<br>Bursary||fund|17,20|243,243|239,780|243,243|239,780|
|Total charity funds|||17|13,955,284|13,515,599|13,937,069|13,495,023|





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||||2020|2020|2019|2019|
|---|---|---|---|---|---|---|
|||Note||F||E|
|Net cash <br>activities|inflow from operating|||1,051,422||1,248,994|
|Cash flows from investing|||||||
|activities|||||||
|Interest from investments|||6,132||7,242||
|Purchase|oftangible<br>fixed assets||(380,856)||(637,610)||
|Net cash|oufflow from||||||
|investing|activities|||(374,724)||(630,368)|
|Cash inflow||||676,698||618,626|
|Net funds|at 1 September 2019|||2,503,959||1,885,333|
|Net funds|at 31August 2020|B||3,180,657||2,503,959|





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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||||F|E|
|Net incoming<br>resources|||||439,685||551,374|
|Depreciation||||||627,037|694,246|
|Loss on disposal oftangible||fixed assets|||||485|
||||||1,066,722||1,246,105|
|Interest receivable||||||(6,132)|(7,242)|
|Unwinding<br>ofdiscounted|pension|||provision||1,718|5,000|
|Pension deficit payment|in year|||||(34,772)|(38,468)|
|Increase/ (Decrease)<br>in|pension|||liability||1,173|(78,000)|
|(Increase)/ Decrease<br>in|stocks|||||(25,787)|27,538|
|Decrease<br>in debtors||||||160,377|80,872|
|Tax paid||||||7,317|5,186|
|(Decrease)/ Increase<br>in|creditors||||(119,194)||8,003|
|Net cash inflow from operating|||activities||1,051,422||1,248,994|
|B<br>ANALYSIS OF CASH AND||||CASH EQUIVALENTS||||
|||||At 31 August||At|31 August|
|||||2019|Cash flows||2020|
|||||F|6|||
|Cash —final term deposits||||196,240|(5,280)||190,960|
|Cash —general accounts||||1,009,950|1,507,110||2,517,060|
|Centenary/JH<br>Bursary Funds||||96,718|8,892||105,610|
|EG Mallalieu<br>Bursary Fund||cash||239,780|3,463||243,243|
|Other Funds cash||||961,271|(837,487)||123,784|
|||||2,503,959|676,698||3,180,657|





## 

||||2020|2020|2019|2019|
|---|---|---|---|---|---|---|
|||Note|E|8||2|
|Net cash <br>activities|inflow from operating|||1,040,844||1,209,560|
|Cash flows from investing|||||||
|activities|||||||
|interest from investments|||6,452||7,242||
|Purchase|oftangible<br>fixed assets||(380,856)||(637,610)||
|Net cash|outflow from||||||
|investing|activities|||(374,404)||(630,368)|
|Cash inflow||||666,440||579,192|
|Net funds|at 1 September 2019|||2,293,478||1,714,286|
|Net funds|at 31August 2020|B||2,959,918||2,293,478|





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## 

||||||2020|2019|
|---|---|---|---|---|---|---|
|Net incoming<br>resources|||||442,046|544,860|
|Depreciation|||||605,618|672,828|
|Loss on disposal oftangible||fixed assets||||485|
|Reversal of impairment|||||11,058|(6,344)|
||||||1,058,722|1,211,829|
|Interest receivable|||||(6,452)|(7,242)|
|Unwinding<br>ofdiscounted|pension|||provision|1,718|5,000|
|Pension<br>deficit payment|in year||||(34,772)|(38,468)|
|Increase/(Decrease)<br>in|pension|||liability|1,173|(78,000)|
|Decrease<br>in stocks|||||4,705|26,062|
|Decrease<br>in debtors|||||142,862|102,614|
|(Decrease)<br>in creditors|||||(127,112)|(12,235)|
|Net cash inflow from operating|||activities||1,040,844|1,209,560|
|B<br>ANALYSIS OF CASH AND||||CASH EQUIVALENTS|||
|||||At 31 August|At|31 August|
|||||2019|Cash flows|2020|
|||||E|||
|Cash —final term deposits||||196,240|(5,280)|190,960|
|Cash —general accounts||||799,469|1,496,852|2,296,321|
|Centenary/JH<br>Bursary Funds||||96,718|8,892|105,610|
|E G Mallalieu<br>Bursary Fund||cash||239,780|3,463|243,243|
|Other Funds cash||||961,271|(837,487)|123,784|
|||||2,293,478|666,440|2,959,918|





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||||||||2020f|2019<br>8|
|---|---|---|---|---|---|---|---|---|
|Net income is stated after charging|||||amounts|payable to the|||
|auditors<br>(including||irrecoverable||VAT) in respect of:|||||
|Group and Charity|||||||||
|Audit services|-|Hymers College|||||19,200|17,400|
||-|Teachers Pension|||Scheme||1,800|1,800|
|Taxation compliance|||and advisory||services||25,044|8,149|
|Group|||||||||
|Loss on disposal||of|fixed assets|||||485|
|Depreciation|||||||627,037|694,246|
|impairment<br>oftrade|||debtors||||60,539|(11,608)|
|Impairment<br>of inventory|||||||88|(2,413)|
|Other operating|lease rentals||||||32,200|30,665|
|2.<br>DONATIONS|||AND LEGACIES||||||
||||||||2020|2019|
|||||||||5|
|Donations|||||||128,009|124,941|
|3.<br>OTHER TRADING ACTIVITIES|||||||||
||||||||2020|2019|
||||||||F|8|
|School shop|||||||79,625|98,503|
|Hire of premises||and facilities|||||32,254|59,121|
|Feed-in-Tariff|||||||18,767|18,402|
|Corporate<br>lettings||income|||||5,963|20,134|
|Other income|||||||282|721|
||||||||136,891|196,881|





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|.<br>EMPLOYEES|||
|---|---|---|
||2020f|2019<br>6|
|Group|||
|Wages and salaries|5,241,341|5,208,028|
|Social security costs|511,555|502,844|
|Other pension costs|976,592|692,694|
||6,729,488|6,403,566|
||2020f|2019<br>6|
|Charity|||
|Wages and salaries|5,232,935|5,202,057|
|Social security costs|511,340|502,844|
|Other pension costs|976,040|692,149|
||6,720,315|6,397,050|



|he monthl|y<br>averag|e<br>number<br>ofstaff analysed<br>by function|is as follows:||
|---|---|---|---|---|
||||2020|2019|
||||Number|Number|
|Average|monthly|number ofpersonnel|||
|Teaching|staff||106|109|
|Administration|||17|17|
|Technicians|||16|16|
|Welfare|||||
|Grounds|and maintenance||||
|Cleaning|and catering||19|19|
|Sports Centre||||15|
||||180|187|





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||||||2020|2019|
|---|---|---|---|---|---|---|
|The number ofemployees||who received emoluments||in|||
|excess|of660,000were:||||||
|F60,000|- F70,000||||||
|F70,001|- F80,000||||||
|F80,001|- 290,000||||||
|690,001|—F100,000||||||
|F100,000 - 6120,000|||||||
|6120,000 - F140,000|||||||
|Aggregate|pension costs for these staff amounted||toF109,881||(2019:F81,849).||



|2020|2019(restated)|
|---|---|
|6||
|133,393|164,036|





## 


|||||2020|2019|
|---|---|---|---|---|---|
||||||E|
|Gross fees <br>Registration)|from parents or guardians||(Incl. Music|10,221,077|10,257,436|
|Less: total bursaries,||grants and allowances||(1,093,811)|(1,194,291)|
|||||9,127,266|9,063,145|
|Catering<br>income||||264,412|367,507|
|Coronavirus|Job Retention Scheme||grant|138,091||
|Grants received||||21,961|28,188|
|Net fees||||9,551,730|9,458,840|



|||||2020|2019|
|---|---|---|---|---|---|
|||||E|E|
|Ancillary|trading||income|||
|Examination||fees|and other income|49,071|57,841|
|NCSincome||||90,181|197,694|
|||||139,252|255,535|





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## 

|6. TAX ON PR||FIT ON TRADING ACTI|VITIES|||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||8|E|
|Major components<br>oftax expense||||||||
|Current tate||||||||
|UK current tax|expense|||||3,144|7,316|
|Adjustments<br>in||respect ofprior periods|||||1,096|
|Tax on profit||||||3,144|8,412|
|Reconciliation|oftax expense|||||||
|The tax assessed||on the profit on ordinary|activities|in the subsidiary||companies<br>for the year and the||
|previous year is|higher than the standard||rate ofcorporation||tax in the UK of 19'A (2019:19'Jo).|||
|||||||2020|2019|
|||||||F|F|
|Profit on trading||activities<br>by rate oftax||||246|3,913|
|Adjustment<br>to tax charge<br>in respect of prior periods|||||||1,096|
|Effect ofcapital||allowances<br>and depreciation||||3,427|3,941|
|Utilisation<br>of losses|||||||(538)|
|Impact on other||tax adjustments||||(529)||
|Tax on profit on||trading<br>activities||||3,144|8,412|





## 

## 

|||Staff|Other|Depreciation|Governance|||
|---|---|---|---|---|---|---|---|
|||costs|costs|and fair value|and support|2020|2019|
|||||adjustment|cost|||
||||||allocation|||
|Fundraising|||19,761|||19,761|20,685|
|Trading costs||9,173|151,426|||160,599|148,349|
|Costs ofgenerating||||||||
|funds||9,173|171,187|||180,360|169,034|
|Tuition||5,845,951|684,475||495,321|7,025,747|6,894,532|
|Welfare including|catering|34,620|358,616||30,016|423,252|510,076|
|Premises and equipment||408,217|716,973|627,037|133,747|1,885,974|1,975,900|
|Remission,<br>scholarships<br>and costs|||4,467||(94)|4,373|8,147|
|Governance<br>and support<br>cost allocation (see note 8)||431,527|227,463||(658,990)|||
|Tuition and associated||||||||
|costs||6,720,315|1,991,994|627,037||9,339,346|9,388,655|
|Loss on disposal <br>assets|offixed||||||485|
|Pension<br>deficit costs (see<br>notes 16,24)|||1,718|||1,718|5,000|
|Loss on financial|assets at|||||||
|fair value||||||||
|Other costs|||1,718|||1,718|5,485|
|Total costs||6,729,488|2,164,899|627,037||9,521,424|9,563,174|





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|Other costs comprise|||2020|2019|
|---|---|---|---|---|
||||F|6|
|Subsidiary<br>companies costs|ofsales||59,146|81,229|
|Pension deficit —interest payable|||1,718|5,000|
|Educational<br>costs|||496,182|642,108|
|ITcosts|||138,623|119,028|
|Welfare —medical costs|||19,686|54,173|
|Catering —food and running|costs||373,550|452,341|
|Cleaning|||42,330|35,825|
|Rates and water|||91,330|76,909|
|Insurance|||58,048|64,106|
|Heating and lighting|||269,713|309,643|
|Repairs and maintenance|||319,160|242,245|
|Security|||29,718|19,920|
|Remission scheme and examination||fees|8,598|11,012|
|Marketing<br>and prospectus|||19,760|20,685|
|Governance<br>and support costs|||227,463|261,188|
|NCS expenses|||9,874|69,950|
||||2,164,899|2,465,362|





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||||2020||2019|
|---|---|---|---|---|---|
||||6||8|
|Audit services|||21,000||19,200|
|Financial advice and||accountancy|25,044||8,149|
|Legal fees and|claim||59,808|'|45,553|
|Other miscellaneous||expenses|12,517||46,265|
|Printing<br>and stationery|||5,406||2,583|
|Bank charges|||7,466||8,352|
|Administrative|staff costs||408,856||417,999|
|Governance<br>staff costs|||22,671||22,904|
|Telephone|||26,956||25,232|
|Other marketing|||34,469||74,504|
|Insurance|||34,797||31,350|
||||658,990||702,091|



## 

||||Governance|Support|2020|2019|
|---|---|---|---|---|---|---|
||||F|E|6||
|Audit services|||21,000||21,000|19,200|
|Financial advice and<br>accountancy|||25,044||25,044|8,149|
|Legal fees and|claim||59,808||59,808|45,553|
|Other miscellaneous||expenses|2,043|10,474|12,517|46,265|
|Printing<br>and stationery||||5,406|5,406|2,583|
|Bank charges||||7,466|7,466|8,352|
|Administrative|staff costs|||408,856|408,856|417,999|
|Governance<br>staff costs|||22,671||22,671|22,904|
|Telephone||||26,956|26,956|25,232|
|Other marketing||||34,469|34,469|74,504|
|Insurance||||34,797|34,797|31,350|
||||130,566|528,424|658,990|702,091|





## 

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|0.<br>TANGIBLE FIXEDASSE|TS||||
|---|---|---|---|---|
||Freehold|College site|Furnishings,||
||investment|and buildings,|equipment<br>and||
|Group|property|plant and|vehicles|Total|
|||machinery|||
|||6|||
|Cost/valuation|||||
|1 September 2019|290,000|19,599,099|2,636,011|22,525,110|
|Additions||353,663|27,193|380,856|
|31August 2020|290,000|19,952,762|2,663,204|22,905,966|
|Accumulated<br>depreciation|||||
|1 September 2019||7,699,198|2,256,112|9,955,310|
|Charge<br>in year||506,283|120,754|627,037|
|31August 2020||8,205,481|2,376,866|10,582,347|
|Net book value|||||
|31August 2020|290,000|11,747,281|286,338|12,323,619|
|31 August 2019|290,000|11,899,901|379,899|12,569,800|





## 

## 

|10.<br>TANGIBLE FIXEDASSETS|(CONTINUED}||||
|---|---|---|---|---|
||Freehold|College site|Furnishings,||
|Charity<br>investment||and buildings,|equipment<br>and||
||property|plant and|vehicles|Total|
|||machinery|||
|Cost/valuation|||||
|1 September 2019|290,000|17,161,971|2,623,875|20,075,846|
|Additions||353,663|27,193|380,856|
|31August 2020|290,000|17,515,634|2,651,068|20,456,702|
|Accumulated<br>depreciation|||||
|1 September 2019||6,902,063|2,245,850|9,147,913|
|Charge<br>in year||484,868|120,750|605,618|
|31August 2020||7,386,931|2,366,600|9,753,531|
|Net book value|||||
|31August 2020|290,000|10,128,703|284,468|10,703,171|
|31 August 2019|290,000|10,259,908|378,025|10,927,933|



## 

|mount<br>that <br>s follows:|would have been recognised<br>ifthe assets ha|d been carried under the historical cost mod|
|---|---|---|
|||Freehold|
|||investment|
|||property|
|||F|
|At 31August 2020|||
|Aggregate|cost|300,000|
|Aggregate|depreciation||
|Carrying<br>value||300,000|
|At 31August 2019|||
|Aggregate|cost|300,000|
|Aggregate|depreciation||
|Carrying<br>value||300,000|





## 

## 

|Group||||2020f|2019|
|---|---|---|---|---|---|
|Payable|within|1 year||26,410|36,114|
|Payable|later|than|1 year, less than 5years|21,218|47,629|
|Charity||||2020f|2019f|
|Payable|within|1 year||10,724|10,724|
|Payable|later|than|1 year, less than 5 years|11,618|22,342|
|12.<br>INVESTMENTS||||||
|Charity|||||Investments<br>in|
||||||subsidiary|
||||||undertakingsf|
|Cost||||||
|31 August 2020 and 2019|||||1,757,999|
|Provision||||||
|1 September 2019|||||567,198|
|Impairment|||||11,058|
|31 August 2020|||||578,256|
|Net book|amount 31 August 2020||||1,179,743|
|Net book|amount 31 August 2019||||1,190,801|





## 

## 

||Country of|Company|Proportion of|Principal|
|---|---|---|---|---|
||reg istration|number|shares|activity|
|The College Enterprises<br>(Hull) Limited|England|02583012|100%|Property<br>letting|
|The School Shop (Hull)<br>Limited|England|02349803|100%|Supply of<br>school uniforms|
|Botanic Sidings Limited|England|03796732|100%|Sports facilities|



|The trading<br>results<br>and <br>below.|net assets,|as extracted<br>fro|m the audited|financial<br>state|ments,<br>are sum|marised|
|---|---|---|---|---|---|---|
||||(Loss)l|Aggregate|Aggregate||
||Income|Expenditure<br>E|Profit<br>6|assets|liabilities<br>f|Net assets<br>E|
|Botanic Sidings Limited|34,755|(45,813)|(11,058)|1,191,928|(12,185)|1,179,743|
|The College Enterprises<br>(Hull) Limited|41,000|(40,044)|956|605,626|(602,481)|3,145|
|The School Shop (Hull)<br>Limited|168,657|(171,975)|(3,318)|145,996|(130,928)|15,068|
|2020|244,412|(257,832)|(13,420)|1,943,550|(745,594)|1,197,956|
|2019|280,241|(267,383)|12,858|1,890,410|(679,034)|1,211,376|





## 

|13.<br>DEBTORS||||||
|---|---|---|---|---|---|
|||Group 2020|Group 2019|Charity 2020|Charity 2019|
||||E|8|E|
|Due within one year||||||
|Trade debtors||2,885|129,554|2,791|129,539|
|Amounts<br>owed by group undertakings||||650,070|629,108|
|Other debtors||13,969|8,849|9,883|7,699|
|Prepayments<br>and accrued income||153,611|192,439|148,928|188,188|
|||170,465|330,842|811,672|954,534|
|14.<br>CREDITORS —AMOUNTS|FALLING|DUE WITHIN|ONE YEAR|||
|||Group 2020|Group 2019|Charity 2020|Charity 2019|
|||E|8|8|E|
|Trade creditors||245,460|318,400|179,330|289,489|
|Amounts<br>owed to group undertakings||||20,799|2,897|
|Taxation and social security||243,083|215,830|238,890|204,938|
|Accruals||378,096|508,625|373,458|504,056|
|Deferred<br>income||554,954|480,134|550,274|478,002|
|Other creditors||228,450|238,931|228,450|238,931|
|||1,650,043|1,761,920|1,591,201|1,718,313|





## 

## 

|Financial assets that are debt<br>instruments<br>measured<br>at<br>amortised cost|Financial assets that are debt<br>instruments<br>measured<br>at<br>amortised cost|Group 2020f|Group 2019f|Charity 2020f|Charity 2019|
|---|---|---|---|---|---|
|Trade debtors||2,885|129,554|2,791|129,539|
|Amounts<br>owed by group<br>undertakings||||650,070|629,108|
|Other debtors||13,969|8,849|9,883|7,699|
|||16,854|138,403|662,744|766,346|
|Financial<br>liabilities that <br>instruments<br>measured<br>amortised cost|are debt<br>at|Group 2020f|Group 2019f|Charity 2020f|Charity 2019f|
|Trade creditors||245,460|318,400|179,330|289,489|
|Amounts<br>owed to group<br>undertakings||||20,799|2,897|
|Accruals||378,096|508,625|373,458|504,056|
|Other creditors||228,450|238,931|228,450|238,931|
|||852,006|1,065,956|802,037|1,035,373|





## 

## 

|||Provision|in|Total|
|---|---|---|---|---|
|||respect|of||
|||pension deficit|||
|||reduction|||
||||8||
|1 September 2019||196,296||196,296|
|Increase<br>in the|year|1,173||1,173|
|Unwinding<br>ofdiscount||1,718||1,718|
|Payment<br>made|in year|(34,772)||(34,772)|
|31 August 2020||164,415||164,415|
|17.<br>FUNDS|||||
|Group Funds||||Unrestricted|
|||||income funds|
|||||F|
|1 September|2019|||13,051,847|
|Income||||9,867,730|
|Expenditure,|gains, losses and transfers|||(9,497,639)|
|31August 2020||||13,421,938|
|Group Funds||||Unrestricted<br>income funds|
|1 September|2018|||11,248,943|
|Income||||9,961,329|
|Expenditure,|gains, losses and transfers|||(8,158,425)|
|||||13,051,847|



## 



## 

## 

## 

## 

||EG<br>Mallalieu<br>Bursary|Other<br>Restricted<br>funds|Centenary<br>&JH<br>Bursary|Other<br>funds|Endowment<br>fund|Total|
|---|---|---|---|---|---|---|
||Fund||Funds||||
||F||E||||
|1 September 2019|239,780||96,719|127,253||463,752|
|Income|3,463|55,000|13,358|23,529||95,350|
|Expenditure,<br>gains,<br>losses and transfers|||(4,467)|(900)||(5,367)|
|Transfer of utilised|||||||
|resources||||(20,389)||(20,389)|
|31August 2020|243,243|55,000|105,610|129,493||533,346|
|Unrestricted<br>income funds||||||13,421,938|
|Restricted<br>income funds|||||||
|(including<br>linked charity)||||||533,346|
|Total funds||||||13,955,284|





## 

## 

## 

|||||Restricted|income|||
|---|---|---|---|---|---|---|---|
|Group Funds||E G Mallalieu|Property|Centenary<br>8|Other|Endowment||
|||Bursary Fund|funds|JH Bursary|funds|Fund|Total|
|||||Funds||||
|1 September 2018||235,951|481,650|48,544|949,137||1,715,282|
|Income||3,829||55,713|24,089||83,631|
|Expenditure,<br>gains,<br>losses &transfers||||(7,538)|(5,872)||(13,410)|
|Transfer of utilised<br>resources|||(2,401,235)||(840,101)||(3,241,336)|
|Transfer ofallocation<br>depreciation|of||1,919,585||||1,919,585|
|31August 2019||239,780||96,719|127,253||463,752|
|Unrestricted<br>income|funds||||||13,051,847|
|Restricted<br>income funds<br>(Including<br>linked charity)|||||||463,752|
||||||||13,515,599|



## 



## 

## 

## 

|harity Fund|s||
|---|---|---|
|||Unrestricted|
|||income funds|
|||6|
|1 September|2019|13,031,271|
|Income||9,649,200|
|Expenditure,|gains, losses and transfers|(9,276,748)|
|31Auust|020|13,403,723|



## 

## 

## 

|||||Restricted|income|||
|---|---|---|---|---|---|---|---|
|Charity Funds||EG|Other|Centenary|Other|Endowment||
|||Mallalieu|Restricted|&J Hymers|funds|fund|Total|
|||Bursary|funds|Bursary||||
|||Fund||Funds||||
|||||5||||
|1 September 2019||239,780||96,719|127,253||463,752|
|Income||3,463|55,000|13,358|23,529||95,350|
|Expenditure,<br>losses and|gains,<br> transfers|||(4,467)|(900)||(5,367)|
|Transfer of <br>resources|utilised||||(20,389)||(20,389)|
|31August|2020|243,243|55,000|105,610|129,493||533,346|
|Unrestricted|income funds||||||13,403,723|
|Restricted|income funds (including||linked charity)||||533,346|
|Totalfund|||||||13,937,069|



## 



## 

## 

||EG|Property|Centenary|Other|Endowment||
|---|---|---|---|---|---|---|
||Mallalieu|funds|&J Hymers|funds|fund|Total|
|Charity Funds|Bursary||Bursary||||
||Fund||Funds||||
||F||||||
|1 September 2018|235,951|481,650|48,544|949,137||1,715,282|
|Income|3,829||55,713|24,089||83,631|
|Expenditure,<br>gains,<br>losses and transfers|||(7,538)|(5,872)||(13,410)|
|Transfer of utilised<br>resources||(2,401,235)||(840,101)||(3,241,336)|
|Transfer ofallocation<br>ofdepreciation||1,919,585||||1,919,585|
|31August 2019|239,780||96,719|127,253||463,752|
|Unrestricted<br>income funds||||||13,031,271|
|Restricted<br>income funds (including||linked charity)||||463,752|
|Total funds||||||13,495,023|



## 

|8.<br>RESTRICTED|PROPER|TY FUNDS|||
|---|---|---|---|---|
||||2020|2019|
||||F|E|
|Group and Charity|||||
|1 September 2019/2018||||481,650|
|Incoming<br>restricted|property|funds|||
|Expenditure|||||
|Transfer of utilised|resources|||(2,401,235)|
|Transfer ofallocation ofdepreciation||||1,919,585|
|31August 2020/2019|||||





## 

## 

## 

## 

|Group and Charity|Group and Charity|2020|2019|
|---|---|---|---|
|||F|E|
|1 September 2019/2018||96,719|46,544|
|Bequests,|donations<br>and accrued interest|13,358|55,713|
|Bursaries|given during year|(4,467)|(7,538)|
|31August|2020/2019|105,610|96,719|



|The Centenary<br>Bursary Fund was set up to|The Centenary<br>Bursary Fund was set up to|provide bursaries atthe discretion ofthe Headmaster.|provide bursaries atthe discretion ofthe Headmaster.|provide bursaries atthe discretion ofthe Headmaster.|provide bursaries atthe discretion ofthe Headmaster.|Itconsists|
|---|---|---|---|---|---|---|
|of restricted<br>funds donated|for the purpose.||||||
|The John Hymers<br>Bursary|Fund was launched||to provide future support for assisted||pupils.||
|0.<br>LINKED CHARITY: E|G MALLALIEU|BURSARY FUND|||||
|Group and Charity||||Bursary,|||
|||Property||Scholarship|||
||||Fund|Funds|2020|2019|
||||E|F||6|
|1 September 2019/2018|||45,175|194,605|239,780|235,951|
|Interest|||975|2,488|3,463|4,908|
|Bursaries<br>given during year||||||(1,079)|
|31August 2020/2019|||46,150|197,093|243,243|239,780|



## 



## 

## 

## 

|Group and Charity||Development||||Lovell||Prize|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||donationsf||||Fund<br>6||Funds|||2020<br>6||2019<br>6||
|1 September 2019/2018|||||121,170|||6,083||127,253||949,137|||
|Donation,<br>gift aid and<br>interest||20,389||||2,614||526||23,529||24,089|||
|Cost||||||||(900)|||(900)|(5,872)|||
|Transfer of utilised<br>resources||(20,389)||||||||(20,389)||(840,101)|||
|31 August 2020/2019|||||123,784|||5,709||129,493||127,253|||
|he Lovell Fund has|been established<br>in memory||||ofPeter Lovell|||for the purpose of creating scholarships||||||at|
|he discretion ofthe|Governors.||||||||||||||
|he development<br>donations||have been given|towards|||the future||development||ofthe premises||of|the Charity||
|nd<br>include<br>receipts|from the Hymers<br>Campaign||||launched||in|October 2013. During<br>the year|||||single and||
|ecurring<br>gifts were|received|—some gift-aided.||The||entire fund||has been|utilised||on charitable||objectives||
|nd the appropriate|transfer|made to unrestricted|||income funds.||||||||||
|2.<br>ENDOWMENT<br>FUND|||||||||||||||
|The Permanent<br>Endowment||Fund comprises|a gift of|||endowment||of land and||buildings<br>extending|||to 8.43||
|ectares situated<br>to|the south ofSunny Bank||and||the|west of|Hymers Avenue.|||No value has||been ascribed|||
|o this fund due to its historical<br>nature.|||||||||||||||
|There is no power vested to||the Governors<br>to|convert|||the capital, made up|||of|land|and buildings||into||
|ncome.|||||||||||||||
|23.<br>ANALYSIS OF NET ASSETS BETWEEN|||||FUNDS||||||||||
|The net assets are held for the various funds|||as|follows:|||||||||||
|||||||||Net current|||||||
|Group 31August||Fixed asset|Tangible|||fixed||assets/|||Long term||||
|2020||investments||||assets||(liabilities)|||Liabilities||Total||
|||6||||F|||6|||||6|
|Restricted funds||||||||533,346|||||533,346||
|Unrestricted<br>funds||||12,323,619||||1,262,734||||13,586,353|||
|Pension<br>deficit|||||||||||(164,415)||(164,415)||
|Endowment<br>fund|||||||||||||||
|||||12,323,619||||1,796,080|||(164,415)|13,955,284|||



## 

## 



## 

## 

||||||Net current|||
|---|---|---|---|---|---|---|---|
|Charity 31August||Fixed asset|Tangible|fixed|assets/|Long term||
|2020||investments|assets||(liabilities)|Liabilities|Total|
|||F||||||
|Restricted|funds||||533,346||533,346|
|Unrestricted|funds|1,179,743|10,703,171||1,685,224||13,568,138|
|Provisions<br>including<br>Pension deficit||||||(164,415)|(164,415)|
|Endowment|fund|||||||
|||1,179,743|10,703,171||2,218,570|(164,415)|13,937,069|
|Group 31August<br>2019||Fixed asset<br>investments|Tangible|fixed<br>assets|Net current<br>assets/|Long term<br>liabilities|Total|
||||||(liabilities)|||
||||||F|||
|Restricted|funds||||463,752||463,752|
|Unrestricted|funds||12,569,800||678,343||13,248,143|
|Pension<br>deficit||||||(196,296)|(196,296)|
|Endowment|fund|||||||
||||12,569,800||1,142,095|(196,296)|13,515,599|
|Charity 31August<br>2019||Fixed asset<br>investmentsf|Tangible fixed<br>assets||Net current<br>assets/<br>(liabilities)<br>6|Long term<br>Liabilities|Total|
|Restdicted|funds||||463,752||463,752|
|Unrestricted|funds|1,190,801|10,927,933||1,108,833||13,227,567|
|Provisions<br>including<br>Pension deficit||||||(196,296)|(196,296)|
|Endowment|fund|||||||
|||1,190,801|10,927,933||1,572,585|(196,296)|13,495,023|





## 

## 

## 

## 




## 

## 

## 

## 


|Contributio|ns<br>are ma|de at t|he following|rates:||
|---|---|---|---|---|---|
|||||Employee|Employer|
|Automatic|Enrolment|Opted|in|5%|3%|
|Automatic|Enrolment|Opted|out|5%|10%|





## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

|Transactions<br>between the Charity<br>and its|subsi|diaries<br>during<br>t|he year are as follows:||
|---|---|---|---|---|
||||2020|2019|
||||E|E|
|Income:|||||
|Salary recharge —The School Shop (Hull) Limited|||8,039|6,516|
|interest receivable —The School Shop (Hull)||Limited|320|320|
|Interest receivable —The College Enterprises||(Hull) Limited|38,151|38,046|
|Ground<br>rent —The College Enterprises|(Hull)|Limited|1,000|1,000|
|Repairs and maintenance<br>recharge —Botanic||Sidings Limited|5,497||
|Management<br>charges —Botanic Sidings|Limited||17,832|17,832|
|Expenditure|||||
|Office costs —The School Shop (Hull) Limited|||48,032|48,482|
|Rent —The School Shop (Hull) Limited|||41,000|41,000|
|Facilities hire —Botanic Sidings Limited|||33,921|49,984|
|Rent —Botanic Sidings<br>Limited|||551|551|
|Intra-group<br>balances between<br>the Charity|and|its subsidiaries|at the year end are as follows:||
||||2020|2019|
||||F|F|
|Amounts<br>owed<br>by group undertakings:|||||
|The School Shop (Hull) Limited|||43,450|41,929|
|The College Enterprises<br>(Hull) Limited|||596,665|587,179|
|Botanic Sidings Limited|||9,955||
||||650,070|629,108|





## 

## 






## 

## 

## 

|||||Unrestricted|Restricted|Endowment||
|---|---|---|---|---|---|---|---|
|Income|||Note|Funds<br>6|Fundsf|Fund<br>6|2019|
|Donations<br>and legacies||||48,031|72,002|4,908|124,941|
|Other trading<br>activities||||196,881|||196,881|
|Investment<br>income||||521|6,721||7,242|
|Charitable<br>activities:||||||||
|Tuition and associated income||||9,458,840|||9,458,840|
|Ancillary<br>trading<br>income||||255,535|||255,535|
|Other incoming<br>resources||||1,521|||1,521|
|Total income||||9,961,329|78,723|4,908|10,044,960|
|Expenditure||||||||
|Raising funds:||||||||
|Fundraising||||20,685|||20,685|
|Trading cost ofgoods||sold||148,349|||148,349|
|Charitable<br>activities:||||||||
|Tuition and associated costs|||7|9,375,245|12,331|1,079|9,388,655|
|Other||||||||
|Pension deficit reduction costs||||||||
|—interest|||16|5,000|||5,000|
|Loss on disposal of|fixed asset||1|485|||485|
|Total expenditure||||9,549,764|12,331|1,079|9,563,174|
|Net income||||411,565|66,392|3,829|481,786|
|Tax on profit on trading activities|||6|(8,412)|||(8,412)|
|Remeasurement<br>ofPension||Deficit|16|78,000|||78,000|
|Net movement<br>in funds||||481,153|66,392|3,829|551,374|
|Fund balances<br>brought<br>forward at<br>1 September 2018||||11,248,943|1,479,331|235,951|12,964,225|
|Reclassification<br>of property<br>development<br>fund|fund and|||1,321,751|(1,321,751)|||
|Fund balances carried forward<br>at 31 August 2019||||13,051,847|223,972|239,780|13,515,599|