ROuGEmOI￿ SCHOOL TRU￿ LIMrrED
GOVERNOILS. REPORT
AND FINANCIAL STATEMENTS
YEAR EM>ED 31 AUGUST 2QZI
Cfjllylly No. 01178886
rity No. 532341

ROUGEMONT SCHOOL TRUST LIMfIED
FINANc￿L STATEMEhTS
YEAR ENDED 31 AUGUST 2021
CONTENTS
PAGE
13
St*emeth of FIlla￿la1 A¢tiviiies
16
Balance 8hvct
17
Cth flow Btateme
18
Note6 to the 8tatoM
19

ROUGEMONT SCHOOL TRUST IIMITED
YEAR ENDED 31 AUGUST 2021
have 411 served in office thmughout the year exttpt where tttdicated. To8th with past Governors th served
iti the yeor as indicatc4 tkyare:
Cbair of Gov¢rnotJ
Mr P HarrAs* . awointed 30 June 2021
Mrs S Desai B Phan4 Pharm S. {App. Chair of Gov.
INJ116> resiBn&l 30 June 2021
Mrs C Thomas SRN. SCM, JP
Mr l G SITh ￿ - Yesi8ned 30 2021
Mr8 J A Clth BA(Hons). P.G.C.E.
M Tnbbick
Mff8 McNallwa (o
Mrm Tebbutt •. rnig1￿d JO June 2021
MrHCIth*
Mr M Cordnu •
Mr R GreeD B.Sc.• (Hon&). B.Ar¢]L. ILLBA
Mr P Haffis •
MrI HopF BF4'
Choir ofFinAn¢e and Gen¢rnl Puw Commitl¢e Mr D Mcclelland •
MrD L4mt*_ ap￿]nted 30 2021
Mr8 F Bennett c¢J. apwjinted 30 June 2021
Mr A Koled￿ w. app)inted 30 2021
Mrs W WilliaDk8 C¢. ￿p￿IDIed 30 JU￿ 2021
Chair of FAwation Conjmittee
KEY PEKSONNEL AIW PROFE&8IONAL ADVLSERS
CODAPANY SECRETARY
Mrs L Pritrh8rd- Head of Pr4) SclxKtrI
Mrs S Deputy Head Senior S¢iKX)I
CHARITY ADDRESS
s￿ Wale$14P20 6QB
01633 8208(KI
WEBStrE
AiJDrroRS
10 ()*en Strtet P
EC4R IAG.

ROUCKMONT SCHOOL TRUST LihirrED
YEAR ENDED 31 AUGUST 21121
The Royal Bank of Sci)tlan
On¢ Kthgsw8y
Cardiff CFIO 3AQ
Sou￿ORs
Veale W￿brough
Bri￿OL BSI SWS
532341
01178886

ROUGEMONT SCHOOL TRUST L]MrrED
COVERNORS? REPORT
FOR THE YEAR ENDED 31 AUGUST 2021
annuaj rwrt Inco￿O￿ting the StratsgiG Rwt the fina￿1￿ 8¢atemcnts for the year ended 31 Au8USt 2021.
The GoYeThw)rs ¢onfinn that the finanGial statenwLts comply with th¢ ¢turiry's gov¢rning documejjts, the
Ststement of Recoll￿ded PTrctir< (SORP 2015) {second editicn eff￿tive l janu￿ 2019) "Accounting and
tiwtin8 by Clwities- and the Companies Act 2￿6.
vAJich wu last am¢N]¢d in Nov¢tthr 2015.
Goverthg Body
Governors we elected at • Mectitig ol the Ik)8rd ot'(ioveny)r8 on the b￿5 ot ￿e1ved from oth¢r
governor8. TriT appointm¢nt is bwd on th¢ir eligibility. pe[w￿l coniFttenc¢ spxialist 8kill8. At least OD¢
Govemor 18 BIwayB a par¢nt of 4 wpil at the s¢lx)ol. Mrs McNamor4 Mr G)Tthv, Mr Mcclelland Mr8 B¢nnett
and Dr Kol￿ba wett all 80ven￿. dwinB the fllwicial ye4r ¢￿ded 3 Ilt August 2021.
Governots 8erye for a tem of five yeats and arc ejiwlyle for r¢-d¢rtion for iwo subs4u¢llt periods 80 tb&i a
Vi¢¢ Chainnjn for a period of five ye4r8 are ell￿b￿ ts serve for on¢ subsequ¢n¢ perio4 so that a
PuYpo8eo Comtnittee) aThl Mr Sknrt IF(rfmu all ffe8ign&J from the Board at the erd of th¢ir tsrni of
offi¢e. We would like to thaDk them all for their IOYAI wport over many year8. We DOW welcome Mr IAWI
Governor has a child at the Sthool fees Hro pid ￿ the 8ame basA8 Q8 oll other paruLts. The GoverJYJrs 4r¢
¢ntitled to r￿ollp legitim8* exp¢W￿ in¢utt￿ in the cour8e of their duties ￿ Governorn. Plea8e reftt to ￿te 17
Induttlon Tralllthl of Governo
The G0ven￿3 proTrid¢ 8tratsgic to the School. They fonDolly *$ a Board ai least once a lerm {3
times a year) to detern￿ the genu81 ￿lIcY of th¢ Clwity rrvi¢w its overall n)￿t wnd ccthl, for
Iwhich legally raqponsible. The work of itDpkmenting most of the Board's policies is Carri￿ out by the

ROUGEMONT SCHOOL TRUST L]MrrED
GOVERNORS, REPORT (conthiued)
FOR THE YEAR ENDED 31 AUGUST 2021
The day to d•YM•n4￿I of the ScTrM)ol is delegated to the Il& who vKJrks with a Seniormwement Team
to USi8t him iti his leadership role. The Direaor of Bu8iW3 and Finance is pErt of his team and reports directly
DyTtrnt thToughwt the School strncn￿c to assirt in the Jnarwgement of the organisatim Wherever sensil)le
their own budBtts Twhich are fonDally dele8at&l by tl* Head throu8b the Director of Busines8 and Finance.
RetnuD¢Trtion for key management is sct by with the policy obitttive providing appropriate
inwitives to t￿￿rage enlwiced perf01ll￿ and of ttw¥rditi8 fairly al￿ respoDfftbly indivi1h￿l contnbutions
to the School's SuCc￿s. The apFffopriaten¢55 and r¢l¢vatKe of the rcmuner8tiOD policy is reviewed annually.
the broader i88ue8 ofpay and eD¥loyment condilions eisewht¥e.
approximtit¢ly 300 beads of leading British its4epathi sch(Kils. Tr Dirxtor of Busine&q And Finance is also a
member of The Independent Sthools Bursm, A8￿1￿10n which enable8 the sthLx)I to b¢ kept abreast of best
rnana8e￿t practice in wdqJ¢nd¢nt 8¢kn1$.
The Scbool is a]$0 a m¢mbef of i nwnber of other professional bodi¢s including th¢ Gov¢rning Bodiej,
Association and the Welsh Independent sch￿IS. Council.
The S¢knl ptovides use of its fxilitie% to & numbttof yrtiD8 dubs and as80¢iationg ¥ well as pmvidin8
STRATEGIC RKPORT
The obie&t of th¢ Charity 18 the thatio4 for the wblic of cthildrn betwten the a8e8 of tbree ITMI
eighte
Str•¢eRl¢ Alm Jntended Effe¢t
The PrIn¢jp￿ Alrn
Rougemont School aim8 to help e¥h wil reali* his or ￿ta￿l4] by offNin8 qn all.round

ROUGEMONT SCROOL TRUST LIMrrED
GOVERNORS, REPORT (eoDthiu¢d)
FOR THE YEAR ENDED 31 AUGU￿ 2021
Aeademk Dev¢lopm¢xt
of each pupil and to help e4ch pupil to develop an will￿ and ifylq)eknt mind. In pursuin8 thes¢ 4itits tb¢
SCI￿1 h&fj the followi￿£ objective8:
to help each pupil to deVd￿ Trthb1￿.
to enable each pjpil to tackk work Indepe￿1¢n￿Y and to &velop tbe think 1ndW￿￿n￿y.
to stimulate i￿¢ll#l￿al ¢uriosity&thl F*lp deveky eJ4uirin8 minds a dcsirc tD I
to t¢ach each pupil to communirAte ¢￿￿tively in writiD8, Speech and acti
to h¢lp each pupil to 4uire & seALqe of by encOu￿1n8 th¢ ability to re￿ li8to obsejve
to help each pupil to de￿lOp talcDt4 skills and iniere8t in ai¢ dram4 literturc. DIU8iC, mAnual and
trthiic81 skill& sp)rt and a wi(k of hobbi¢8 by encow41￿ creative and recreation￿ purnuits
both Inside and outside ￿h0o1 titiw.
PenoJa] Ind sod￿ Development
Rou8ernOllt School tims to have • mive influeuo on the developmont ot" ea¢h wil'8 cbarxter or
p¢r80nality 80 as to enable him w hez to bc a ￿e(￿l membtt of xKiety Bnd to be preparcd for the world
school. In pur8uin8 aim8 the Scknl has the followin8 obJ'e£tivc*'
to cncoura8e self4i8cipline and a scDJe of r¢swns&)iJity.
help pwil to d¢velop as on ifyliyidual 8row ID I￿1¢p*￿. confidenc¢ and 8¢1f.
to equ￿) pupil w us¢ his or her kiswe time c￿￿tiVely. enjo￿lY pmfitjbly.
to h¢lp eachpupjj d￿cloP his or knphysic41 abilits4'
relatioL8hips based u￿1 8¢nsitivity. tolwa￿S 8sx*J will and a Se1￿ of bullxjur,
to teach pupils to th c￿¢ of their #nd physi¢al envimiin
to help to X44UiTe a 6et of ￿.
to help pupi18 to the spirits￿ dime￿ of lifr.

ROUGEMONT SCHOOL TRUST LIMfTED
GOVERNORS, REPORT (conthiu¢d)
FOR THE YEAR ENDED 31 AUCUST 2021
ObJetha for the YeAr.
The Board's main objective duritig the year continued kn be to educate all the Sch(h)I's pupils to thetr maximum
potential. This illclude8:
to provide pupil$ with the opportUDity to take rthazthge of a bJe•Jth of Ctr¢urr1￿ activities in order to
develop positiv¢ly all ofthetr char￿tr,
to provide pupils with the ¢)pp)rnmity to tske de£isions on their own judgment to comtillwte
th08e dcGisions oppropriatrly aod effKtively.
Thc 81rategy to achieve thkq IS w mainthin a low p¥il to teth rntio and to provi& coTtsIuiD8 profegsional
d￿e1￿>￿ettt to staff to ¢nsurn the srknl at the forefmnt of e41ucational plartic
PrIne1p￿ Aetfvlty
The School's Frlli¢ipAI a¢tivity ¢oJthuu to be the w>vision of a co*￿￿111 Day Khool for pupil$ from 3
to 18.

ROUGEMONT SCHOOL TRUST LI￿￿tTED
GOVERNORS) REPORT (COD¢IDued)
FOR THE YEAR ENDED 31 AUGUST 2021
A4evd rrsMl4 of the exam entrlej achleyed A*_
grth (rAtional 201Y average 52'A). A*IA
77% (2019 national 26%) and 44 /• #ebleved A* gr*dtt (2019 national VA) OUT bu¢ ￿tr. The majority of our
Economtcs, History. Journal￿ Mathematic4 Medicllle, Nabjral S¢le￿¢s. Vetaillary Sciellc¢s ynd many
more.
ASlev¢lTC5ults also prrthed the but *v¢r ff¢•MI(1: (D￿lOn￿l averllge 19%) and 88•h Tyere
gr￿ed A￿ gradu.
The GCSE rnults wcrt outrtXDdth%' this j￿h￿￿ed ttwty in year 10 who wcrc entered for Maths & >t4r early.
66% achieved A*IA * (2019 nation41 18%) a￿A 44•A *¢hl¢v¢d A*I2019 R•tloD•I 6•/•) BEST EVEILIt
I(Kyh of all pupils ￿le}r&I ll minimum of 5 A* . C T￿lUdIng Engl￿b Mats (Natioll￿ 52%).
The Yw 10 top get mathwlics rn 8At mathemat￿ GCSE ¢x*rnd ¢x•m a year early. and all the irDUP
a¢bleved A* gradw all excell￿ xhieT4emenL
TTrtnty.¢Thv pw?i18 vKre Jele£*d to rewe￿I wak￿￿K iti a wide r•n8e of S￿h]ng musi￿1 di8cipliN&
Effeets of Covld 19 Pandemle M F41ue*don provhl
Durin8 the lockdown ov¢r the Spriti8 Term our onune l¢•rn1tt8 provlslDn w¢ b¢liev< eX￿llen( in tenns
of education and surn The vast majority of wpils rose to & chauenge in awtsD8 the ¢h4ngts to their
ticaden￿ p]a¢fonn (Gwl¢ cla88room) adaptL71 v4¥y 9u¢cwfully to a r*w thythm of learnitig. 'll* School
retllrn￿ on si¢¢ the SummttTernL CXW wiority was the 8afrty A￿1 wellbein8 of our Rou8emont family.
The aim was tts make $ll￿ pupils. staff and pa￿ts were prepared. mejrtally, ¢motioMlly and prxti¢ally.
The School wa$ deli8btrd with the progR$8 the v•8t llwiority dwiti8 this unus￿ difficuh
rnoniknr the pupils closely. wlkil$i always of 1ndiTridu￿ C1￿￿M518A¢￿ and extremely keen to
$uppoii and to continue ihe of Gire for tbooe P￿11$ with vknom we contTnu¢d to bave wncerns. The
learnin8 to up on-site.
iY¢w Developments
Sch(x)l. P]att8 are tn pl￿g for wid¢5 to the Sp)Tts Hall r￿( ljantstrarn Hau and to replace the
Aatroturfdwill8 2021r22 in ￿J1¢10￿ to other ￿lti￿8 plon& Ad￿tsfi￿ frx ￿￿j[C yea

ROUGEMONT SCHOOL TRUST LIMITED
GOVERNORS. REPORT {continue4)
FOR THE YEAR ENDRD 31 AUGUST 2021
PrAndple aDd Ux¢ert*lnlles
Coronavink8 Pandemic und the affordability of fees by parnts across the itiWt sector to b¢ th¢ pjyncipk
risk faced by the S¢1￿01. Despite tbe levels of e£onoThi¢ ull¢¢MaiAry pupil numbers bave si8nificaDdy iti¢1¢￿
over the pa8t f¢w years. CurTtDi numbers aTe d¥ite the C￿ts of the paThlemic ￿ dats. though
diffi￿lt to afford school fe¢$.
The 8chwl has on ¥¢tiv¢ m8rketin8 and strategic plan ty incrc￿ pupiI nuttthern. Retu)tion of pupiLs is key to
futwe wil numbers. Th¢ Governitig B(xly last apwvcd a fee I￿￿e•Se in September 2019 of 4% and for
j￿Uary 2021 a fe¢ I￿re￿ of 3Yo fo ￿ 9 1% from ye4r8 11>13. He41th and Safety is alwdy8 a
significant area for rK*k nJallageDW)t. Tr risks range from fire and iDfTrstr￿￿ kn pa8onal risks (nM)8t notably
when away from the school OD trTp8 8ryJ ¢xptditiOnS). Th¢ level and bre￿ of adivity ai th¢ Schwl 18
iuJpr¢8sive and thc Tisks associated with all a¢tiviti¢S ￿ minimi8ed by thorough plaonillg and risk aBSe8m￿.
The 8chool developed A separnte COVID Risk A$6wm¢ttt to miti8ate the Tisks from this pandemic.
¢ontro18 to miti88tr and Jrmitor th0￿ risks tbai are a88e88ed 85 big￿ The 8t￿1¢ ¢ontro18 Used by the Sch￿1 t
Forn￿] wiitlen wliri&4 Includin8 cle4r aUtknl￿tioll Oj￿ approv•1 kvekn.
risks for the thoL
PThANc￿ REV￿￿
In¢4)me for tkn rn totslled £6,691,141 (2020: £6,841827) ￿dits￿e to £6251.027 (2020,.
£6.518,669) resulti￿ ina of £440,114 {2020: £323.158).

ROUGEMoNf SCHOOL TRusf LlhtiTED
GOVERNOKS. REPORT (eonthiled)
FOR THE YKAR ENDED 31 AUGUST 2021
FINAY4CIAL REVIEW (eonthiied)
offset somewhat by thc School thkyng advanta8e of the Furfough schetne for certain stsff. n￿ltsIY on the non
te&ching side including catering stsff, bus drivers etc where the ttow retttving no incoJll¢. Al80. the
scknol tt)ade 8i8Dificant eff￿1￿￿Y s&vio8s as a regjh of th¢ closur¢ all of vknich helped & school maintsin 8
trodin8 surplus at the ejjd of the fin￿￿la] ￿.
and futs￿e pla08 w be Jn¢t out ofplanned numbeTr ofpupi18 And fiJwKial resourrx8.
Rewve4 Polley
manwent of risks athj Conting￿¢1¢& At 31 Awgust 2021. the unreBtricteA funds of Rougemont School were
£16,(M)5,995. The s¢knl ¢urrcndy bas DO free fEscrvts L4 all amounts are Wr￿DIed by the value of fixed
assets. On 4 pra¢tic41 level. l1Tre rnaDy indcpetht scTr¥)ol4 the goveTnL)Th continually as&eB8 the ruw￿la1
resi1M￿ of the ￿h0o1 through c108e monitoriti8 of termly cashllow and th¢ governors llr¢ content thaL
ROUGEMONT SCHOOL AND THE COMMuf4Tfy (PUBLIC BENEFfD
The School rernai￿ ¢ommitted to the aim ofproviding public b¢n¢fii iti 8¢cordu￿ with its fouDdin8 prin¢ipl
Clwity le8i81ation I￿]ud¢S u rEquirnt ￿ dernTh￿ thlt publi¢ benefit for any c￿￿1￿ble purp08¢ wher¢ is
th'wlo¥ure of our public brnefit IxtiJ&
The GovernoTr would like to coofirni tbat hAv¢ paid th* resard to the Cknity Commi88ion's statiitory
guidance, on pub]ic benefit in thiding whai ad1vi￿5 the School should UDd¢rtth. The Gov¢nxJrs have alw&yB
consid¢r¢d that th¢ 8ckwl #boum strive to play ll full and responsibk pth iti its 10¢o1 community, JtriviDg to
pursue its ¢lwritable objttts within and the c4)nfinu of its priwi￿1 ￿y8 in wbi¢h
the Sc]M)ol ￿hl¢Ve0 this aim are a8 follo
Thc S¢Fthl wi8be8 kn rk* all li Can to widen access ￿ th¢ 04watiO￿ ojwtiiDitie8 il offer& and to this etMI
The Sclwl swxkd 54 (2020: 51) thilthen the Bwwy Sch￿¢ in thE pr ended 31 Augu￿ 2021.
th th¢ Hcad redllc￿ 81)n￿ fee I￿on￿ by £310322 (2020.. £321.694). The Sch￿1 all it prnctiG4IIy call

ROUGRMONT SCHOOL TRUST ij￿￿rrED
GOVERNORS. REPORT {CODttDu¢d)
FOR THE YEAR ENDED 31 AUGUST 2021
ROUGEMOIYT SCHOOL AND THE COM￿[u￿￿ (PUBIIC BENEFif) (¢ontinued>
2. Schol•rJhlp And Headma•t¢r (eonthiued)
between a I￿A and 25% scholarshry? vthich 18 applia to ￿ feas for 2 and 5 Ye￿8. ThT8 sa￿le
Supp}rt￿ 84 (2020.. 88) childrcn and rth￿ed awn￿1 fee income by £202.759 (2020.. £202.570).
Ckarltsble lund-ral
Rougemont School 4 strong sense of comTnuntry atra tbrou8b the enthuswts"c sUPPOrt of pupiLg. stsff and
parents participates in 4 wide rn￿¢ of ¢horityble futyj rnisiti8 events thrOUgbo￿ the year. Charities which the8¢
activitie8 8UPPOrt are usually 8¢lected on & grounds that tlry complement the obje£ts of the School and that
Tkn4h thcs¢ ¥tivAties ehildren continue to gin an ap￿￿1￿110ll of the T*ed8 of oth¢r3. This charity link ha8
fed into matty arw of th¢ FoUth1￿ Pb•fje CU￿1¢￿1U￿ such 48 and Knowledge and Under*th¥ of
the World. We ¢th)linue to suiTort the pri￿lpks of Global Cltrzeth￿* through our fundr￿1￿8 for schools in
The Scllior Scbool also protMte8 and supports glxxl ¢aus¢s tTrrt it8 fithi$in8 efforn. The various ¢bArlty
events Aerom the Ivbole •ehool th1• y¢*r bav¢ rnised a of £735. Th¢ d80 allowed its facilitie8 to be
qed for a range of external fi￿dr￿sing ¢v¢nt8. A d¢tyil¢d Ott￿Y$l$ of the fill)d rni8iti8 is detsiled below. It
From I SeptfftDber 2020 to 31 All￿ 2¢lli sd￿￿] support&l the followin8 clwitie8 dtrough it8
2021
2020
Alzbeirner'8 Society
Au8traJiall Bush Fire
114
980
Children in Need
Children it b*k
493
1401
31
500
52
57
54
46
204
50
263
1064
2159
55
52
Littk Ptinc¢s8 Tnwt
Latch
Make A Wiqh
Save the Cbildren
St David's Hospice
TeJKIvus
The Silver Fox Re&ue
The Trtt Couttcil
242
V¢lindr¢ Ho4)itAI
156
374
735
7.732
io

ROUGEMONT SCHOOL TRUST IllM￿ED
GOVERNORS. REPORT (CODtlnued)
FOR THE YBARENDED 31 AUGU￿ 2021
ROUGEMONT SCHOOL AND COMMiJi¥rrY (PUBLIC BENEFrr) (￿thI￿•1)
Care¢r dev¢lopJn¢n¢ workpltte
of their teacher or childcare traini1￿. The thl d￿t<S its re￿Ire¢s. in IYK)8t ¢a8es fr￿y. to help iti the
trgining and 8upervision of these shth4Jts.
Working ¢I0￿Y wlth lo¢•] ¢ommunlty Iroiips
Th¢ s¢￿01 Gontinucs ts) wY>rk closely with its DeighbouT5 in th¢ lo￿1 ¢4MllmUtiiiy &% ppxt of its ethos of
revo￿￿]lity withiti the wider COD)munity. The SCI￿01 alw Ope￿ its f•¢iliti¢S for use to th¢ general public.
through local sponit4, and dran￿ grow. ￿tting of fa¢iiiti¢8 for these a¢tiviti¢s 18 giv¢n in sonie coses
free of chfir8e or charged at COD¢e8S1￿ rntes to ellabk as many ustr to eqioy the ¢xcelknt
fa¢i]iti¢8 RoUguY￿￿t h98 to offer.
S*vln8 to the Pllblle Pw•e
The School relieves the pre48pJre to pro￿de plx¢s in tb¢ InauM￿ se¢tor by tnd¢p¢tsdenUy educating 580
children, of compu180ry 4chool whith ￿Ved th¢ pJbli¢ pur8¢ an e8tsmated £2.697.580 in the >rar ended 31
Au8U8t 2021. Thi9 illustrntive estinute is Calcu￿ by assuTrJing A rnt¢ of fA.651 ptr place in the stste 8ector.
PLANS FOR FirruRE PERIOD8
The Bo8Td's detsiled dir¢¢tirn fr) the and Senior Mryerncnt I'eATn for the T￿xI ac&Jcynic year
ren￿1￿ Unchanged. Th¢ of Pfini¢ulAr ititrrest alba Attraciin8 priority duriD8 the t￿t S yt4rs arr:
Wldemlng AteeJ•lblllty
The School is to wntiDue its effffits io widen accessibijiry. The School's continued ¢OTnmitment to
importan¢e of knin8 the School's first class facilities kn external org&ni5alions, such a8 eommunity
ups. sEMxts club4 holiday dubs others r•mai￿ of inllllense in the S¢hool'&
Academlc Su¢Te•
reactive and preventative nwia*n#n¢¢ of th¢ buildi088. fixpjres. fitiinp and 8round8 of Rougement
SchooL Durir4 the COmiDg five )Tar8 thi& rqDainahi8l&wiority.
Improv¢rn¢nt otFaellltks
li

ROUGEMONT SCHOOL TRusf LIMITED
GOVERNORS, REPORT (eonlthvd)
FOR THE YEAR ENDED 31 AUGUST 2021
COVERNORS, RESPONSIBILITIES
Are responsible for prepaTing th¢ GoveTllOTS' Rep)rt ond th¢ fill￿￿81 staiements in aceordane¢ with appiicable
fair view of th¢ stale of affiir5 of the chwritsble GO]nP￿Y 8nd of the incomiDS re50urcts application of
resources. includillg the inwrne and expenditu￿. of the charitable con]pony for periosL In Preparing th￿C
Select Suitable xcountint po]i¢x6 t1￿ anjly tl*m¢otis&WtIy.
Obfjeftve tk rneth￿ atsl pr￿￿1p1¢S in the Charities SOKP:
Mok¢ judg¢me4llS and ¢stinwtes tFot are Ye&sothl¢ atbj prndett('
State whether 4pp]icabk UK Accoutitin8 Standarth hav¢ b¢¢n ftlllort ￿bi￿t to maternj
any limc thc finatic1￿ position of the charithble cOn]￿Y and cnoblc thcm kn euure that thc financial ststcmcDts
comply with the Con4)Anieg Act 2(K16. Thry Are a180 re*pOn￿￿k for safr8Ua￿ the a85ets of the ciJAritsbl¢
In 80 fir48 w¢ ￿ oThwe'.
There 18 no ￿1cVS￿l audit Inforn￿tiOn of vthich the choritabk conwgs auditor is unawore" aDd
The tru5¢e¢s b#v¢ tsken all 8*P8 tha¢ they ought to have tAkeL to nmke themgelves aw￿¢ of any
r¢levaDt audit info￿tion and to establistrL the auditor is awATe of that inforn)ation.
ill¢luded on the Charity's website. LLgisiatl￿ ill the Unit¢d Kingdom goveJning the pr¢parn¢ion and
AiJDrroRS
The Governors. report including the 5tr•tegic rwt w¥s approved and authori￿ for i&%ue by th¢ Board of
DiTeCtor8 (Govern￿) at its meetin8 on
2021 and sw%d on ILS b¢ha]f by.
12

INDEPENDENT AUDrfoRS' REPORT TO THE MEMBEILS OF
ROUGEMONT SCEOOL TRL'ST LINflTED
Oplmlon
We have auditcd the fi￿all￿ AatemeDts of R￿jgU￿)nt Scknl Tntst timi*d for the year endcd 31 August
2021 whiGh cOn]pT￿ the Consolidated Statement of Fin￿181 knivities. th¢ CorJ*)lidaba and Conwy
Bala￿¢ Sheets, CoTr40lidated Staknent of Ca8h Flows ￿1¢$ to th¢ fuwll¢ial ststern¢nt8. iuluding E4
SUMM￿ of sigDific8nt aecoullting policies. The financial T¢wMiD8 that has Ixen applied in their
preparation ts Applicable law and United Kingdotn A￿Unting sta￿]￿rds i￿h￿ID8 Financial Reporting
Stsodard 102 TheFuwRewlReporting S￿mI￿rd0pP1￿￿b1e in the UKandRwublkoflreland (Unit•l KiD8dom
GeDcfAlly Ac4)ted Accounting Prxtice).
givc a t￿¢ #Dd fair view of th¢ #ate of the 8r0￿.3 of the paTrytt chwitsble ¢ompany'8 affairs as at
31 August 21r21 and of the group's and parent cbaTitable ¢ompony's net nx)v¢m¢nt iti funds, includin8
Prnctice.. and
for oplnlon
We &xthted our audi¢ in with Standorth AuditiD8 (UK) (ISA8 (IJK)) 8nd
applicable law. reswinsli Jilitiu ￿d¢1 thos¢ stsndard$ are ffijnher de5criW in Auditor's rc$ponsibilitieg
for the audit of the fin￿¢1￿1 *at¢m¢nts s¢¢tion of wr r4hxt. We are Illdepe￿ of the cbarity in wrdon¢e
with the ethical requiTem¢nts that are relw¢ to I￿j1( of the ruw￿181 stawnenty io the UL i￿luding th¢
FRC'S Ethic41 Standax¢ aod we have fijlfilled other ethical responsibilities in 4¢eord4nce with these
requireDWnts. We believe that the audit evidence we have obthi1￿ 18 8uffi¢ient atyj 4wrwte to provide a
basis for ¢)ur ¢)PiniC
Con¢1•￿0￿* relathg to gokn8 COD¢4rn
In auditing the financtal statementy we have concluded that the tsWt¢u' use of going r￿cern btsii of
Ba8ed on th¢ work we have pufornrt we have TK)t idenli6ed aoy ll￿ter1￿ uncertainties reIating to ￿ents or
¢Ot￿ltio1Lfj thai irMliV￿￿Y or o)Ll¢ctively. may significattt &)ubi on the gr0￿'S or parent cbaritsbk
¢ompanY¥ ability to Continue as a goiDg ¢%￿rn for a of 8t leart twylve m(ffLthB from th the fu￿￿111
Other Infonmtio
in the Governors. Annual opinion on the f￿￿KiAl (knes cov¢r the other infornjation
corKlusioJ)
our knowledge obtsined in the audit orot7xr￿ a]yeaTS to be nIatr￿y MISS￿ If we identify such m&teri41
Oplnlolls on Other matteTh Pr￿rfbed by the CompADkn Act 20
13

INDEPENDENT AUDITORSI REPORT TO THE MEMBERS OF
ROUGEMONT SCHOOL TRUST LIMITED (coiYfiNUED)
the irnfomation given ID the Governm. ReF#Xt (whl¢h In¢oryKJTat¢s the stsxtegi¢ report and the
directors, Irport) for the fin￿la] year for Twhich the fin￿la1 thtettKnts are prepar￿1 is consistent
th¢ Gov¢morn' Report (whicb incorpxatrs the stratwc reiK*I a￿1 the direc￿. Irprrt) has been
prepared in a¢¢ordao¢¢ with amjlicabk legal requilett￿n
M*tttrB •D TYbi¢h we *r¢ r¢qulr¢d ts report by ¢xe¢ptlo•
In th¢ light of th¢ knowlcd8e and utrjerstsnditig of the group parent chwitsble wTupAny and its ellviroti￿t
ob￿lDed in th¢ ¢oursc of the audiL we bave not identified rnatrlial mi$$1atsn￿ty in th¢ Governors, Rep)rt
(wht¢h In￿rpOrateS the straiegic report al￿ the dirertors. Teport).
We have nothing w repozt in re5pe£t of thc following matte48 iti relltion w w*i¢h the CoMparri￿ Act 2006
requires us to rep(Kt to you if, in ouropin1￿.
adequate Ac&¥>utititiR records have not been kw by the group OT psrcnt clJaTitable company*
certsiti disclosureg of GovemoTS' Temunrtion speeified by law are not M￿t. or
hthve not rettived all & inforn]ation afyl explaDatiOn8 W¢ T¢qUiTe for our audit.
R¢wwlbllldei ortnutee8 for tkn •tatements
As explained more fully in the GovemoJY' r¢sponsibiliii¢$ $thten￿l ofi pg8e 10 the GovvDors (VA￿ are a180 the
d]r￿lOr8 of the group and pareDt ¢lwi¢Jbk ¢on4Mny for th¢ purwm of con4Mny law) are resfv)tisibk for the
preparation of thc fin￿￿1•1 stat¢meDts and for b¢in8 8titi8fied th&t they give A tsue and fair view. al￿ for such
In prepaTiD8 th¢ fl1w￿l&l 8tatrmen4 the Goveny)fB are respM)nsiI)le for asse&*ing the wup's and parent
harilable wnpany's ability to continue ￿ a going con¢¢vn. dis¢losin& as an)li¢abk. m&tteYs related to going
Auditor'i reJponilbllhkJ for the Audlt of the flll*n¢knl ￿t¢￿ents
Our obiectiveB Bre to obthill reay)nabl¢ 86Wtwv aiKJut wlth the final￿]￿1 8tAtrments &8 A whole are free
from material misslatem¢nL whether due to fra￿ or errrff, ￿ to isgue an auditor'5 T¢POrt that in¢lud¢5 oiir
opinion. R¢&wnable awujnce is A hi8h level of I￿ur￿, bui is D)t a guar8Dtrt an fiudii conth*d i
including fiRud Th¢ extent to which Lmtr pro¢thes are c4pable of detr£tiDg irregularitie4 Incl￿thng fraud i8
detai￿ bebw.
sth8uwditi8 re8uknIo￿ health and safety law. GDPR 8nd al￿10Y￿ent law Ittd CO￿]￿red the exlenl to
Act 2006. the Act 2011. p*ymll tsL
14

INDEPEI¥DENT AUDITORS* REPORT TO THE MEMBERS OF
ROUGEMONT SCHOOL TRUST IJMrrED (CONllNUED)
¢Ixt￿lIanCe with laws regulation and frau4.
R¢vi¢w of rninutcs of relevant governor M￿ting$ during thc pul￿1.
Evaluating manag¢]n¢nt'5 wntrol$ desiykd to prevent and detect iwlaTitie6'
Ideotifyia8 and testing journals. in pw¢iadHr journal ￿trieS postrd WAth unusual ac<ount cornbiration8.
postings by wJusuaI users or Trith unwual dc8uiptsoDS" and
A further d¢scriptXOD of our nwonsibilities for the audit of thc fiDOnCiAI I￿￿￿ents is located on the Fina￿1￿1
Reporting Council's webstte aL
ilit18s. This dwription fornis pgrt of our
auditor's repc
UK of our rq>ort
This report is n)ade solely to the ¢iwitsbl¢ ¢Onv￿g membtts, a8 a E*)dy. in accor￿ with Cbapter 3
of Part 16 of the Cotiyni¢s A¢t 2(¥36. Our audit been undeth 80 that we mighi 8tste to the porent
clthritable comp#nl8 memb¢rn dkxse Tnatttrs we aye required to sta* to them in an Auditovs re￿rt for no
other Pu￿0$¢. To th¢ full¢yt exknt pennitted by law, we do wt OT wum¢ resFx>wibility to aoyone other
tball th¢ dwi¢able ¢ompany and the charitable compan￿8 A body. for our audit WO￿ for this
We have audited the fitsewial statements of ROU80￿ S¢h(x)l Tru* Limityl for the ye4r ended 31 Au8USt
2021 which conjpriae of the Consolidated St￿￿¢￿ of FU￿￿141 A¢tivities, ConaolidAted It￿ Cowaoy
Balonce Sheets, Consolidatod Stst¢nMt of Cth flo￿ •JMI ttot¢& to the fits￿181 ststerttnts. in¢ludin8 a
prtparAtion 18 applic&bk Jaw and UDifed Kin8dorn Accoullti￿ Standar4 incknliDg FinAncial Reportsn8
Sraodard 102 7%e FiKancialRepor¥lng &andard applicoble in the UK undRepubllc oflreland (Unitryj Kingdom
RichArd W¢4v¢r IS¢nM)r Audi￿r)
For and on be]￿][ ofH8y8M￿lft￿e Ltp, StAtstory Audi￿•
13 Dcccmber 2021
10 l)m StreetPiaoe
L4)ndon
EC4R IAG
15

ROUCEMONT SCHOOL TRUST IJMrrED
CONSOLIDATED STATEMENT OF FINANCIAL ACTtv
FOR THE YEAR ENDED 31 AUGUST 2021
IIDcorpor•dllg IncoDAe & E3pendhutt Attou*l)
Unrejtrleted hnds
G¢ll¢r￿ Dety14ted
Fund•
Fund•
Totsl
2021
Total
21120
¥COME FROM:
Cbarll*ble Aetlvltles
S¢hool fee8
6225.593
284.514
6225.593
284,514
5,739,735
525,384
Other Traditig Aetivltle#
Other incorne
35.640
35,640
109,0
Invutment Iniomt
41
41
580
In¢ome from Dtsnath￿ and IA8*d
Grants and donations
145,353
145,353
467.068
TOTAL INCOME
6,691,141
6,691.141
6.841,827
R￿litt¢ Frtndl
Tradin8 activities
10.046
10,046
27,784
Cb•rlt•ble Aetlvld
E41ucation and maknD8
6240.981
t5240.981
6.490.885
6251.027
6351,027
6.518.669
NET ll¥COME BEFORE TRAi¥SFER8
440,114
440.114
323.158
(663.853)
663.853
223.rJ9
663.853
440,114
323,158
RECOY4CILLIATION OF FUNDS
Fund8 as 8t I 2020
7229J04
8336548 15.565,852 15242,694
TrIINDS CARRIED FORWARD AT 31
AUGUST 2021
15
7.lJ)5J65
9,000,401 16,005.966
15.565,852
Ststement of Activities is requirryl
16

ROUGEMONT SCHOOL TRU￿ IJMiTED
cOmp￿Y number. 01178886
CONSOLIDATED AND CHARITY BAIANCE SHEETS
AS AT 31 AUGUST 2021
Ch4rity
2021
2020
2021
2020
FIX￿ ASSETS
Tan81￿le usets
Investttth in Subsidiary
io
J7,635.746
17,956914
17,635,746
17.956.914
Stock
2656
98.998
2.345J77
898
234.849
1.31x1.804
1,758
115.434
2.327.367
li
252.260
1279,999
Cash at b3rk ond 8hort tenn depx'ts
2.447.031
1.53&551
2.444.559
lJ32,259
CREDfroRS'. arnowtts fallll¥ th
within y
12
(830204)
(871.709)
(827.735)
(867.419)
1,616,827
664,842
1,616,824
664.840
19252J73
18.621,756
19252.570
18.621,756
cRED￿ORS. amoullts faUin8 th
13
(3246,607) 13,055,gN)4) (3346,￿7)
(3.055.904)
NET ASSETS
16,IX15,966
15565,852
16,005966
15.565.852
FUNDS
15&16
7.￿5565
7229304
8208,339
7229304
15&16
9.0(X).401
8J36.548
7.797513
8,33t5,548
I&￿5966
15.565.852
16.(X)5.852
15,565,852
TOTAL FUNDS
16.CQ5.966
15565.852
16.(b)5.852
15565352
2021
P Horri8
17

ROUCEMONT SCHOOL TRUST LIMrrED
CONSOLIDATED STATEM￿ OF CASH FUPWS
FOR THE YEAR ENDED 31 AUGUST 21121
2021
20211
CASH FLOWS FROM OPERATING
ACTIVITIES
N¢t eash Inflowl(olltllov4) from optr*doni
Net cash provided byl(used in) OPUBti
a¢tiYits48
1.129J27
513,393
Cajh Ilowi from Invoth Kdvllla
Payments to awire tall￿1¢ fixed 48sets
RKeip¢s on dispwl of fixed
Investment income
(80.694)
(154,023)
4.750
580
41
Net (n#d thyprovlded by Invuthg
Ictjvill
{80,653)
(148.693)
C*•h Inflow before ilnud
1,048,674
364,700
Cuh Ilowi from fAn•n¢l*8 Aedvlthi
138,412
(2H.961)
Net itiflow1(ou￿Ow) in rewi of finw
(14.656)
(127.857)
(14,656)
(89250)
FinAti¢e c08ts pwd
N¢t ¢tsb infiowl{th) ftom fiDWKiD8
(4,101)
{348,866)
Change In and euh eq•fv*k•ts In the
l.lJ44.373
15.834
C*th and uib eqMlvthJts It th¢
of lh¢ r•portlJi ptrlod
13Q).804
1284.970
Cash alld ex>h equlvaienlj at the of th•
reporthig perlod
2.343J77
1,3C4J,804
18

ROUGEMoNf SCHOOL TRUST LIMrrED
FOR THE ENDED 31 AUGUST 2021
ACcOiT￿NG POLICIES
applicable in the UK and Republic of Ir¢]aDd (FRS1021. the CompatiTes Act 2LK)6 and the Statemeni of
Rwrting Styndard a￿11¢•bI¢ in the UK aul Republic of Irela￿1 IFRS 102)- (SeeoTMI Editio￿ effective I
JallU￿ 2019).
As h1ghl18ht￿ tn the Governw8' Rqffj haviD8 asgesyed the S¢hLX)I's finan¢ial p)sitio￿ the plang for the
fore8¢eable fulur¢. the Tisk8 io Ythich the Sclb)ol is w08ed aTrJ the d¢tailryJ projection8, the
The functional of the Seknl is co￿lder•I to be GBP th•t 18 the cU￿￿Y of the primary
The Schwl is a Public Bewfii Entity regi8kn1 ¢lwity iti Ets8l•NI and W•]e8 •nd • eomp8lly limited
by gullrBnttt. It wa8 ir￿ted OD 29th J￿Y 1974 (¢cqllpwry number. 1178886) and repstered as A
huEity on 24° 0¢ts)ber 1974 (cth&rity 532341)
Crld¢•l A¢¢ouDtlni JudgemenlJ kny of e•dwtlo• unetrtthty
ID the appliGqtion of the accowiting polici4 Tntstres are requirtd to make j￿1 e8tiniat4 Attd
a88un)ptioDS about the carying value of and li￿]]111¢$ th81 are not readily apparent from other
¢#imat¢s att reeogniA•J An the picd in whicb the e¥tirn4* 18 Tew*d if the revi8ion affects only thai
The ¢conomtc lives of tao8ibk fixed ￿9ets Ere based OD llk8nagement's jtsdg¢ment and experience.
to ￿l¢ll141¢ depreciation. that cbarye is adjusted r¢trosFwtively. AIthou8h thwble fixed ￿15¢5 are
1.2 lll¢ome
of I￿gip( ha￿ bccu satisfiol
19

ROUGEMONT SCHOOL TRUST LIMrrED
NOTES TO THE FINANCIAL STATEME￿3 (£￿thI￿ed}
FOR TUE YLIR ENDED 31 AUGUST 2021
1.2 Ineome {eoMthi•ed)
Don*tlons •nd le8adu And Ot1￿ voluntAry ltteome
Volunw incoming r¢SOu￿ are a¢¢ounted for ￿ ￿)d when entitleme￿ atises. the amount can b¢
r¢liably quantified al￿ the eccq¥)nllc the School is coL%idered proboble.
Subject specific wisbes of the dory)Ts ￿ uedi¢ed to th ffl¢vath Restricted th¢ 4moun¢ is
ljeld AS experthle capithi, or to Ellth7￿ Funds.
Leg4¢ies )re rxogniJ*J when the Scbool ba8 entitl￿ to thc fu￿, the amouttt can be re]iably
quantified WMI the economic benefit to the Sclh)ol 18 ¢INtsi(le¥ed prob4bl¢. FAtit]ernent 18 the ellrlier of the
Fe¢8 thll•r earned Ancojlle
Fees reKeivable and charges for servi¢¢f ond use of thc are a¢¢oullt¢d for in year in which the
remi&8ions allowed by th¢ S¢hLX)L
Deposit8 are included gs a liabAJity until or. on ¢¢asin8 to be r¢firytsbl¢ off ¢rnJil¢d to
IJ £￿e]H￿t￿re
make a pa￿llent to a third pty afyl the of obligation be Meas￿ reliably? cxp¢nditW¢ 18
Alk￿trd to the appmpriat¢ iwdings re1c￿t to the cknlthble activiti￿ on a dIr￿t bllsis. Supp)n costs
mainly repxe8ent off￿¢ adrniill5tratioD. ]fftcoverable VAT is chaTEal to the Ststcmcnt of Financiol
Activities as inallr￿. Governance eost8 cotijw the costs of rurllJill8 the ScknoL 8trnte81¢
pIAtming for its futrwe devclopmeni extrrnal audil k8al advice and all the costs of complyiti8 with
School I￿ludIng sthrie4 cateri￿ premises welfare costs. Cos¢B of rJi&ing fiwdB include
IA TAll￿TrIC Flxed Anets D¢pr¢datiOA
All fixryl assets are inittajty recorded ￿ COBL Rev*lU￿10tt of 08get&' Under the previou8 G￿lP.
chatitable company bad a ￿l1¢Y of rev•lui￿ its la￿1 and builitiw. On tra￿Ati￿ to FRS 102 th¢
charithble company ek¢t￿ to use the previ(w ValU￿AOL of ]And bU￿dID8S as at 31 All￿ 2014 as the
1.5 Deprecl*tlDn
Freehold building5
25% on
on c4J8t
25% on r¢thI￿ iMl8Ne
25% OD W8t
20

ROUGEMONT SCHOOL TRUST LI￿￿
NOTES TO THE FINANCIAL STATEMENtS (￿tInUed)
FOR THE YEARENDED 31 AUGUST 2021
1.6 Htre purekue
Assets he￿ under hire purclwe agteaDents are wiithlis¢d and di￿}{￿ed under tsngiblc ￿ed assets al
thcir fair value. Th* ¢apitsl elet￿tt of the payinents 15 trcatrd Jiabllity and the interest 18
cbargcd to tb¢ st4temeDt of finAtKiaI activities on a straight line b&sis.
1.7 Flm•nce ie•fe weements
Assets awired undu fit)8nce lea8e cwitalised e¢onomic lives. Obligations uthler $uch
contracts 4re included itt ueditors nct of thc fina￿ ¢bary¢ aik•¢weAI to fuhwe peri(xls. The fill4￿¢
1.8 OperAdMt le** we¢me•ts
Rentals und¢T leaqes are chargd OD • straight.11￿ IxÉis over the lease tenN even if thc
pa￿llents are not mde OD such a ba8is. Be￿fits r¢¢¢iveJ gnd ￿tIv&b￿ &$ an in¢•Trtivc to Sign
1.9 Fund a¢¢o¥ntlni
The School has three t￿eN of fill￿.
Ethvmient- VAM the ¢•pit81 is knld ID PUFthity to geDeJ* di8tributable income.
Restri¢ied- wbere ￿ purpox for 7which th¢ fittsd8 may be used hog been re8tri¢*d by donorn;
UDrrntri¢t&1- th th¢ fitsMI IB Tr)t testric*d aj to uoe (rtIKr in the objects of the
1.10 FIA￿¢1￿1 Instruments
an￿rtISed with the ex¢¢ptioti of irLVe8tsne￿ vthicb are held at flir value. binanciAI held ot
amorti8￿ ¢osl ¢onyiK cash at bank and cath equIv￿ll4 tO8ethtt with trth and other debtorB. A
4wifi¢ provision is made for debts 7*bie& rt£overnbility ig in doubt. Catth at bank ca&b
and eqth•luts
appli￿1¢. 4r¢ shown within curTeot liabiliti
Debton ¢redito
L4abilities for tK)TfowiD8a 7wbich are sDbiec¢ to a of the value of the
21

ROUGEMONT SCHOOL TRUST LIMrrED
TO THE FINANCIAL sfATLMENTh (ronthilled)
FOR THR YEAR ENDED 31 AUGUST 2021
year 18 ]￿luded in the Staterne￿ of Fitiw¢ial AthivAlies.
Pri)vtslon8 for M•blllde•
Provi8ioDs are where an event has tak¢n pl#¢¢ t￿1 gives th¢ S¢hool a legal or cottstswtiv¢ obJi88titin
that prob&bly requira8 settiemellt by a trallsfu of #onomic b&￿fits. 8zd a reliable estitr]th c4ts k made of
the amoullt of the obligati
1.11 Staff Belleflts Ineludthg PeDdoD co
The scknl contril4￿¢S to the followg 8¢kne8:
The Scknol conknbut&8 to the Teacher5. Pension SclKme. This is a multi-¢mploy¢T ttnsion scheme and
it is nol pK)Ss11)k to ideniify the Sch{￿}1's share of the undeTlying ￿Eets •ExI I1￿111tieS on a consi8￿t
and T￿￿nAble bs8i8. Thtrefore. As requirvj by FRS 102, School accounty for the scheme as if it
were a defined contrTh￿1oD scheme. The School's Contrib￿lon8. which are in accordance with the
tlw rnlate payabl
li. a ¢ontnlw¢ory Per80llai Pension Thi8 18 a defined COntn￿uti0ll 8¢hexn¢. ¢ontribution8 to the
p]All in 4ccordallce WAth the nlles of the plan and Ch￿ to ex￿￿1￿￿¢ when they ore
payable. Pu￿70n ceAts Are eharged as a perceDW of 8thTi¢s and paid over to Scottish Widow8 on a
mODthly b98iS.
Short term benefits
Sknrt tern benefity iocJth8 holiday ￿y, are •¥ ￿ ¢xpeDS¢ in th¢ p¢¥iod in ￿1¢h the 8ervi¢e
is rwxived.
Employee lerniti*doll benefits
1.12 Bllrwy fund
Oll8oing fee iw￿￿¢.
1.13 Alldltorlllm *Rd Refeftory fulld
The Auditorium Re￿tOry dcsi8nated fi￿￿1 ba8 been fiy & d¢v¢lLwnY&¢ of a Dew facility on
tbe Bite of th¢ prrvl0u￿y destr￿ c• thuin8 a fiTr iti th¢ year ¥xthd 31￿ August
21)08.
1.14 VAT Regi#trAtIo
As of l* F¢bnwy 2019 tbe Gr(AP 18 ￿ longer rep8tard for VAT.

ROUGEMONT SCHOOL TRUST L]MrrED
NOTES TO THE FllYANCIAL STATE￿{￿￿ (tonthiued)
FOR THE YEAR LNDED 31 AUGusf 2020
2021
202
Gro￿ fe
7.031241
6525,934
BursaTie8
Scholar8hip8
Fee diwowts- SthIiD8
{310,322)
(202.759)
(135,549)
(146,136)
{10,882)
(320,131)
(202,5701
{121.180)
(131228)
(i i.(v)i)
Di￿o￿llts on ftts iti rAlv8we
L4￿.. Tolal iRrwie4. 8rants atml allovrntts
(805,648)
(786,199}
6225,593
5,739,735
Bux8atie8 totallinK £310J22 were to 54 pupiis (2020.. £320.131 kn 67 pupily)
ScholaThhips tot&llin8 £202.759 vlere paid (0 75 pupils (2020: £202.570 to 88 pw)ila)
ANCILLARY TRADING INCOME
21121
2020
Regi81rn¢ioD f¢e8
5.940
129.080
127.179
16.062
1.453
4,800
4,965
132,831
233,281
136.431
3.048
14,828
School triF
Chorges for Jate paymeat of fees
284.514
525.384
GRANTS AI4D DONATIONS
2020
434
144919
2.628
464.440
145J53
467.068
2021
2020
32,447
3,193
70.608
38.452
35,640
109.060

ROUGEMONT SCHOOL TRUST LIMITED
NOTFS TO THE FINANCIAL STATEMEIYTS (colldmued)
FOR THE YEAR ENDED 31 AUGUST 2021
2021
2020
Baok inter¢8t receivable
41
580
STAFF COSLS
2021
2020
Tots] •tsff eodts eomprjwl:
Wages and salaries
Social S￿lty costs
Pension contnbutions
3.732.845
3*50,665
664,539
524
3.825248
351.117
662,680
18,799
4.758J73
4,857,844
Nonc of th¢ Gov¢rnon ff¢¢ived anyTemuner￿ or other benefit from the SclKxTrl or from any
connected E*Jdy. No reithb￿ wezt made to trustett dwi08 the year (£2019: Nil) ￿ uote 18 for
fiwther detsils.
2021
No.
2020
The average number ofeD¥loyees ID ts )Yar, vrn# ts follo￿.
Teachitig Staff
Support sthff
74
52
76
62
Number of 8taff
126
138
£60.(W- £69,999
£70.799- £79,999
£io0.otX)-£I￿s99
£I10.OW- £119,0(K)
F4loytr pen8ion ¢ontnlwti(m for Key MAlla8Une￿ Per￿￿￿ total £70,462 (2020:
£62,629)
452278
397￿90
452278
397590
LhriD8 the ytartminatKO aryl totalled £524 (2020: £165

ROUGEMONT SCHOOL TRUST LtNflTED
NOTES TO THE FINANCIAL STATEMEKf6 (eMthined)
FOR THE YEARENDED 31 AUGUST 2021
ANALYSL8 OF EXPENDITUIIE
Depretiatlofj
2021
Charitable expendltur&'
Raisins Funds
10,040
10,¢)40
sch￿)1 Activities
Teaching
3.770.488
142.432
283,113
56290
154,481
92,723
335,058
498284
65,907
3,990,876
235.155
950.391
1,064.559
332220
3,735
4,758,573
1.080J46
401.862
6,240,981
4,758.573
I,090.5￿2
401.862
6251.027
ctht8 COti8i5t of the followin8.' .
202(1
68,543
126274
19211
97.455
187J25
35,333
125,836
39,701
234,143
130,421
Telepknne8. stationery attd other co6ts
Tran8porL tr￿*S includins relate41 c(
498.808
564,434
Grauts prlu4
2021
2020
805.648
786.199
805.648
786.199

ROuGEM0L￿ SCHOOL TRUST IIMrrED
NOTES TO FINANCIAL s[ATE￿IENTS (¢oBtlnued)
FOR THE YEAR EI¥DED 31 AUGU￿2021
AL¥ALYSJS OF EXPEThDrruRE (eondpued)
¢Nts
Deprtetatloo
2020
Chthtsble eJpeMdtt￿e.
5.189
22,595
27,784
School A¢tivitie8
TeacbiDg
Welfare
3,799J05
145,307
325.452
582.591
201.627
160.838
307,384
364,434
52.117
4.053.049
306.145
971,019
1,160,672
338.183
16,732
Support and g0Ven￿￿e ¢0
4.852.655
1235283
402.947
6,490,885
4.857.845
1257.877
402.947
6.518.669
NET INCOME FOR THE YEAR
2021
2029
Stsff pension contnl>u¢ic
DwoBa] of fLxed assets
664J39
662,680
(4,084)
407.031
401.862
. audAt of f￿anCial s¢atememts {￿¢1￿11n8 VAT)
.for other Servi￿ (&1¢1￿1￿8 VAT)
21.480
3,120
21J80
25.260
45,139
25.260
53.894
26

ROUGEMONT SCHOOL TRU￿ LtNItTED
NOTES TO THE Fll¥ANCIAL STATEMENTS (wtlAlled)
FOR THE YEAR ENDED 31 AUGUST 21121.
10. TANGJBLE FIXED
ASSET6
GROUP AND
COMPANY
Land and
Buildy &
BulldlAy Ikv*mt*t Fltthiy FAdUtIt4 Compllten Vehld
Co
At I SeptttDbtt2020
Addition5
Di4¥xalg
18.842,713
17.8
945,
19.693
464.649
279,710
43201
129,179
20,661253
80,694
At 31 Au8USt2ff21
I48￿)13
964ffj95 464.649
321911
129,179
20,741,947
rttl8tlon
At I Septemby 2020
1,337
287.927
730276
44293
299.706
37.995
21&144
27.912
2,704J39
401.862
3,735
A¢ 31 August 2021
l.625.769
774569
337.761
24&056
IU046
3,106201
Net Bookvalxe
At 31 August 2021
17234.744
IfAI.126
12C888
76,855
7.133
17.635,746
At 31 Au8urt2020
£17J04,872
214.726
164.883
61 J65
10.868
17,956.914
Charlty
ii.
DEBTORS
21J2A
2021
2020
1.775
53.W
33275
10.104
Sch￿] feu
Pt¢pAymuJ
Othtt Debts)
54,3(
166.743
9.828
53,844
33275
14,186
14,129
54J06
166.743
9,829
21 J82
98,998
234,849
115,434
251260
12.
2•21
2021
2020
161557
219,610
73.802
237,497
103.729
107250
l62J57
44,536
291784
96.862
120,750
(518)
35,784
62.811
12,169
219,610
73,802
237,497
103,729
107250
Autunm 2021 poid
96,862
120.750
{518)
35.784
65211
12.169
Pwl dwits
39348
75,617
14.656
3999
71 J27
14.656
871.709
827.735
807.420
27

ROUGEMONT SCHOOL TRUST LIMrrED
FOR THE YEAR ENDED 31 AUGUST 2021
13. CREDm)RS: due *fter more than
one year
Group
Ch￿lty
2021
2020
2021
2020
Ba￿k loatss
3.079.572
167.035
2.884.107
159.628
12,169
3.079.572 2,884.107
167,035
159,628
12,169
3246.607
3.055.904
3,246.607 3.055,904
Ad￿l￿ed fee PAyiiiemt&"
Parents nuy enter into a ￿tract to pay to Ibe SCI￿1 up to the equivalent of five years, tuition ftts ill
advance and the r￿[￿1 form8 part of the 6clwls Th¥)rkiti8 C4>ital. It is trea*d 88 deferyed
incom4 until the p￿11.5 ftts become due the f¢e8 for ewh 8cly)ol tenn are chArged &gainst
subject to specific conditions on th¢ reccipt of one tetm's noiice.
2020
After S y¢arJ
Withiti 2 to 5 yeorB
Within I to 2 yearB
118296
48.739
99,201
60.427
167.035
159,628
Withiti ono y¢ar
96.862
103,729
263.897
263.357
2021
2020
Balance at I Sc¥temb¢r 2020
263 J57
120,809
4.702
403.127
(8356)
3.026
388.868
397,897
AMCAll￿ utili8ed illpiymeot of fe
(124971)
(134.540)
Ba18tKe at 31 Aus￿1 2021
263.897
263J57

ROUGEMONT SCHOOL TRuKf 11m￿ED
NOTES TO THE FINANCIAL ￿ATEmENts (¢omdm•ed)
FOR THE YEAR EI¥DED 31 AUGUST 2021
CREDfTORS: fallitig dDe 4ft¢r ll￿re th￿ one year (eomtlnued)
CoMp￿Y atyj is di￿1&$ed as follows.
2021
2020
2.323.183
574,539
181,850
2.017.663
659,054
201,556
Within 2 10 5 )vrffj
WitbiD l 10 2 yearn
3.079.572
2.884,107
Within on£ yt4r
162557
219.610
3,241129
3.103,717
Tbe bank overthth and bfillk loans aye se¢ured by • first le8al chorge over th¢ fredM)Id property known
Ljatstarnom Hail and Ljantsrnarn Hall W(xrf Torfw Gwent dated 28 Au8USt 2006 valued at
18th Apn'l 2002 I￿1p(￿8￿nS a fLxed and floatin8 cfrthr8e over all 4Dd futh assets of the
¢IArity. The thl ¢n*red itito ocw loons in 2020. the first is for £1.980.000 and tb¥ ii for
£1,320,(M)O began drnwdovrn in April 2021. Both are S￿llreA1 by a first le8al charye over tho
di￿sed 41 follows..
2(121
2020
Within i to 2 yrats
12,169
12.169
14,656
12.169
12.169
26,825

ROUGEMONT SCHOOL TRUST LlhfrrED
NOTES TO THE FINANCIAL STATEMENTS (cMtlxued)
FOR YEAR RNDRD 31 AUGUST 2020
14. COMMrfMKNTS UNDER OPERATING LEASFS
At 31 August 2021 the cotDpanyhad the following firtuY¢ minimum opeTrting &$ sct below.
The ch8rge lo the Statement of Fill￿]#1 Activiti&8 in the yrar vns £70.339 (2020: £78.172).
land #nd buiidlnii
2021
2020
Payments due l*:
25,151
90.096
3.147
115247
Within 2 to 5 >rars
113247
118294
I& STATEMENT OF FUNDS
GROUP
I September
2020
IKom¢ Ewndturn ReV￿￿￿tIO
& Tr*n•fff•
31 Au¥u
31121
Gener￿ fllndi
Other r&qcrves
6,691,141
{6251,027)
(HO,114)
(223,739)
7229J04
7,005,565
7229J04
6,691,141
(6251,02T)
(663.853)
7,005,565
De*llited fun
Audiwrium & Refectory fimd
8336J48
603,833
9,CiIO,401
15J65,852
6,691,141
6251,027
16.(KJ5.966
30

ROUGEMoiYf SCHOOL TRUST LIMITED
NOTES TO THK F]NANCtAL sfATEMENTS (eonthiwed)
FOR THE YEAR ENDED 31 AUGiYST 2021
i& srATEMENf OF FUNDS B•]*llee at
I Stptember
2020
GaIn￿L0# BaiAllf¢ at
Ivom¢ Expendlturt ReV￿￿￿tIo￿ 31 Augu
& Tranlferi
2021
U￿leted funds
General fulldB
6.690.141
(6251,027)
440,114
(223.739)
7229J04
7.(X)5.565
Totsl Beller￿ fond•
7229J04
6.690.141
(6251,02T)
(663,853)
7.￿5.565
De*Ated fundi
Fixed Rexerve ffiJtsJ
8J36548
663,853
9,000,401
Totsl Uumtrlrt¢d
l5J65,852
6.W.141
(6251,027)
16,005,966
CompATadv¢ ftgllru:
STATE￿IENT OF FUNDS B•l•nee at
GROUP AND COMPANY I S¢pteffjlKr
UnreBtrlcted l￿dI
2019
Ill￿￿* E￿endItllre Rev•lu*tlon
& Tr￿#1¢
31 All¥￿t
20211
G¢n¢r41
6.814,043
(6.490.885)
(323.158)
(223,739)
7,453,043
7,229,304
Totsl leller￿ fumdi
7.453,043
6.814.043
(6,490.885)
(s46.8￿1)
7229,304
DdRn8ted f1nd•
Auditorium & Refecw fiTThI
Fixed Re9ern
7,789,651
546.897
8.336,548
Totsl Unre•trl¢ted fuDdi
15242,694
6￿14.043
(6,49¥).885)
15.565,852
Fixed As8et Rwve fimd - Tr fu￿] IA8 bw set up th arpmtely Imild up balaDCU ¢0 match the Dei
of the Bcl¥x)1 th8t ort available ts the 8erml of the sclwL
17. RELATED PARTY TBMSACTIONS
As at 31 August 2021. RouB¢ttk)7rt Sc1K￿l TnLSt Iimitrd vM8 owed £10.046 (2020: £33,130) from
RougellK)ni SCI￿0] Adiviti¢5 limit&l the wknuy ovrned bthidigry company. tkning the year
Rougemont Setr￿] Truy¢ tAmited ch￿g￿l tl* ¢onyany £3,093 (2020: £23.4￿) relatiD8 lo a mail
Fiv¢ Governors had thildni TA￿ pupds at RougaD￿ Sdxxkl (knyn8 the year (2020.. frmr). Sclwl
f￿ paid and di*outtts r￿e1Ved ¥t the same rate atba on th¢ same terms as for all other parents of
31

ROUG£MONT SCHOOL TRUST I1￿IrrED
NOTES TO THE FINANCIAL STATEMKNTS (Mtblled)
FOR THE YEAii ENDED 31 AUGUST 2021
17. RELATED PARTY TRLNSAcfioNS (eond•Hed)
IneetinBs from lirne to time. No Gov¢rLKfS were relathUr￿ for travel costs in the year £NAI {2020.. £Nil).
RS Greu) AB80¢i4t¢s invoiced costs ot"£16512 (2020: £3.6￿) to th¢ Se]￿1 for a8sociateA with
the refectory and auditorium tww buildmg projecL The Governor (￿chard Gre4n) is 8 dirwtor of RS
Gr¢¢n A$8ociates. No aDwunts vlere outsthtidl￿g at yrar el￿ (2020.. Nil).
David McCleJlaDd invoi¢d ¢o8ts of £25(KI12020: Nil) for bealth support.
18. RECOIYCILIATION OF NET INCOME
2021
2112D
Net Incon￿ before traMfw8
Eliminaiion of noTrop¢ryiill8 cth tIow6:
Add: Int¢T￿ payable
440,114
323.158
127,857
(41)
89,250
(580)
367.930
411,827
Lo41 on di6posal offixcd 18*9
Depr￿latiOrt
(4,084)
407,034
(78,2251
(227.650)
4,491
401.862
135.851
25.442
(1.758)
IncrweJ(de¢rea8e) in ¢rediW
1,129 J27
513J93
19. ANALYSIS OF CASH AND CASH EQUIVILENYS
At
At
3J AuguBt
2021
2112•
Calh flo
Cath in l]#￿ And at bank
l JIXI.8LM
1.044573
2J45.377
I JC(1,8C4
1,044573
2.345 J77
32

ROUGEMONT SCHOOL TRUST LIMITED
FOR THE YEAR ENDED 31 AUGUST 2021
TRADINC SUBSIDIARY
Rougenmxrt Scknol Trusi IArnitoJ knld l(MN of the sbue in Rougemont School Activttie8
2020. all profits are coveDantcd to the SchLM)L ￿ the 31 All￿1 2021 the ttt &wets of the c4)mpany
were £2. (2020: £2).
2021
2020
20,447
292
61,518
(8,352)
Cost of soJeB
Gros8 profit
20.739
10.338
53,166
(42,832)
Netprofit
10.4(Kl
10,334
(lo.4￿)
(10,334)
The School is owed the aid of £10,4(KI (2020: £IOJ34) frow Rou8emont School
Activitie4 L4mited a¢ 31 August 2021.
21. PENSION COMNfrrMENrs
The Scknl pgrti¢ipate8 in the Te*hers' Pen8jon schell￿ (EW 8nd W4les) ("the TPS.) for its
teaclllD8 The pension clw8e for the year I￿lu(k￿ ¢onknknutioA8 payBbl¢ to the TPS of £612.679
(2020.. £622.657) at th¢ £niJ (2020 . £Nil) w*s wcnxd in rewt of ¢cmtrilxrtions to this
Th¢ TPS As an Ullfu￿ multi•loy¢r defined benefits PeDSiOtt s¢h¢m¢ governed by The Teachers.
Pensions Regul￿10￿9 2010 1&% amended) and The Teachu5' P¢D51￿ Scheme Regulations 2014 (as
amended). Menth¢Ts conthlJu* ￿Y as you 80- basis with contnbutions from m¢mbers ond the
The emplw ¢ontn￿uti0D rnte 18 set by the S￿re* of Stsfe followijjg 8¢beme v8hthtioL8 utsle
3A at 31 ma￿h 2016 and the Valuation RqKx4 which vM3 publi8lYd in March 2019, c0llfirn￿ that the
etrwloyer contrknon Ate for TPS ￿ll1d iwease from 16.4Vh to 23.6% from I September 2019.
EmplO￿S are alw requirnj to pay o 8ch8me *lministrati(XL levy of 0.08% 8iViDg o total employ
¢ontrkniion Trte of 23.68%.
The 31 m￿ch 2016 Valu￿10￿ R¢￿rt aCLordonce the benefits set io the scheme
regulatioAq and ufyl¢r th¢ appro￿ wified in the DirrxtiOD5. a8 they 4)p11￿ at 5 Mwch 2019.
ixN)Icmentstion of the 2015 refonw to Public Service P￿510￿ incluthD8 the Teacha5' P¢DSiCW.
33

ROUGEMONf SCHOOL TRusf LIhl
NOTES TO THE FINANCIAL ￿ATEmETh (collllnued)
FOR THE YEAR ENDED 31 AUGUST 21121
21. PENSION COMMITMENTS {eonthi•ed)
On 27 June 2019 the Supreme Cowt denied the govemm¢ffj p¢rmission to the Court of Appeal's
judgment that tr￿SitiOnal provisions Intr(Mh￿ reforn￿d pension scherncs in 2015 gave rise lo
dawful age diqcriminatioL The goverJment is T¢SP¢¢ting the Court's deeiiion and ]J&8 said it will
e fidly vrith the Employment T￿￿nal as Thrll and repre8entaiives to agre¢
how the discrimi￿tiOns will be remcdied A consul￿10￿ was laullcbed by the 8overnmettt on 16 July
2020, and closed ￿ refjp)￿ on I l (ktober 2020.
The TPS 1$ 8ubje¢t to a c(ffjt csp mechanism ￿l¢b put in plxe w proiext taxpa￿8 agAin8t
unfore8e¢D ¢hAD8e8 io ￿h¢￿t CA￿. Tr Chief s￿re(￿ry to the Trew. bavitig ID 2018 an1￿ull¢¢d thai
there ThK)uld bc a review of this ¢08t up rne¢baniN￿ in Jamwy 2019 anrx)uttced a pause lo the cost cap
rnechanism ftillowing the Cowt of ApFa]'s ruling in the m¢ckn￿S0rye￿t case uthil there 18
certainty the value of pension8 to emplo￿$ from April 2015 ¢)nMrd8. The pause wos litsl in
July 2020 and the Bovernmeni 18 pryofiD8 to coDwlrt¢ the cost ¢oJtroI elemull of the 2016 Yah￿tion$,
which &8 ¢xpected to k Completed in 2021.
ID Tri¢w of the above w]iti8s and deKisions ts as8un￿bo￿ u8ed in the 31 m￿Ch 2016 A¢wwial
Valuati00 may become inapprop￿tr. In this scen￿10, a valuation prepar¢d in a¢¢ordwKe with revis¢d
A¢tiwial Valuation.
Until the co￿4￿1tstioll And the cort w ll*chari￿ review or¢ conwJe*d li is not powTrJle to ¢￿￿tUde on
y financial impw or fubjre cban8es to the contr￿utiOn rnt&% of the TPS. A•y. no provision for
PeTrollo1 P￿￿10ll P]aD). to which the contributrs 6%. The om(Amt contributed iDto the scheme by
the employcr amounted ts) £51.800 {2020: £43￿￿}. ￿p10)r¢S contribute fit Je4St the sAme amowlt
the eryloyer into the
There no ¢4pithi comnllbnents as ￿ 31 Augus¢ 2021 or 31 Augwt 21Y20.