YEAR ENDED31 AUGusf 2022 Cthwy R•llN 01178886 aity 532341
ROLTGEMOliT SCHOOL TRLsf LIMrr FLYNC[AL ATREI8 YEAR ENDED 31 AUGLST 2022 CONTENTS PAGE ber5 of the Bord 1Prof¢slOUaE vtsrrn llld¢peTrd6nt rr 13 stat of Fthon¢iAi A¢dvitle5 (Incorporatithe incom? vxpendkn llcetyjnt) 16 17 Cash flow Jtstemelli Notes to the tlnond41 giaiellieDts 19
ROUCtMONf HooL TAUST urdrrzD YEAR INDED JJ AUGilbY 24Tr22 Mr P H•tth•. IFd 30Jww 2021 MrHCIrt• Mr R ¢3r•enB.k• (Honll BAr&, Ll Mr P HvrRI M TrfA>i& (ffU18T July 2022) MTS C 114xw (re•led July 2W MrD Lwrt• Mr* w pfJUIw oj 01633 820 WEBsrrE AUDrroRS io Que4D Street P]T E(XR IAG.
RO&GLMOTrI SCHOOL TRUST Lll•IfTED REFERENCE K)T> ADMLYt5TrATIIT LYFOILMATIO.P4 YEAR ENDED 31 AL'GUST 2022 BANKERS The Ro)Tl Bunk rfScirtla4 South Il'ak6 Commrfml Offiee Cardiff CFIO 3AQ SOUaTORS Vttk Brbb)l. Bsi SWS 532341 REGISTEKED CO.MPLNYNUM 01178816
ROUGEMOhY SCllCK)L TRusr COVERNORSI REPORT s•¢¢ of Pr&i¢e (SORP 2015) •ffuive l 20 19) "".4eeO]D8 ond govmrn. Thoir qwintme4 hbued thelr ell&fblUty. and spe¢knlist skilJ8. At letstotte aovernw is parent of a pupil at the schooL kn McNarnry Mr C(Ydnor. Mr M¢Cl¢llaJJd, MTJ Vi¢¢ Chjinnan for a poriod of fv¢ yc4rn who or¢ ¢JiW¢ tts v# tr 00¢ uent perio¢ 80 that a Trlbblck all re51p frorn tho Bwd * tho elld of I1TerM ofoffi¢¢. We to thank them all forlJtr which * are lellY resp(11¢. The of impkthtiD8 m(*t of the Hod,5 poliGKs is carri&J out by the
ROLGLrylO.wr SCHOOL TRusf LihwfED GOVRILYORS. REPORT (tonthwrfj R I]IE YEAR LI1IED 31 ALGL,sr 2022 The d&y ro day Manageme ofthe Scbwi is deks•ed to tht Ile u'c¢ks a Senior To to aSSi8t hirn in his lead¢rthlp rol¢. The Direcvjr of Bubinom aod FiDaTh of hls ttRtrA and r¢ports directr4 to tho Boord througb the Finallce aod Gener Pl5 Commiutt. The Hedrnler appoiDts Heads of D•pgrn¢nt thmu8hwt the School stru¢th to ill the of thE oryonlsation. IkTherevtt sett8ibk Jttd •ppropriAts and in order tnwura8r fmaB¢iai oMTership ad Y¢s]ThbftJiliry. Heads of Deprnt th¢Lr OWTL bud8¢ts whlch ute forrll&h. dBle8ad b!. the Il¢ad th¢ DiT¢¢tLf OtBusitie55 oDd FinaD¢e. Remunerntlon for kev Manageme b stt b). the Borf the polic%. objeetive providin8 apk)ropriit¢ inwitive$ to ffi¢our88¢ etsced p¢rftymatt¢e atMI of rewyrdirq fayl> and respoMibl>' itld coDmbJtiortS to the School's Jucce89. The 4)propriat¢ne&s qnd T¢¥te of the rntturrati policv ts revieN'Ed SDnuaUv, In¢ludkn8 ref¢renc¢ io compwi50n5 w4th 1)thtt irLdeDt sthy)]5 to eDSure that th¢ xhool raDDI1 swhlve to th• broadtr i88UC8 ofp), and empl0}Tl condhlons elsolfiete. approx]nl¢lY 300 be•ds of 14 Brttiah ittdyAaeth The Dirtaor of Bu5itKS8 &MI Flnanrt is i rnernbeT of The Irthpendent S¢hoob Bur51rs' A5$Oti10 wkleh ejubks the sthool to be abr51 of bert Th• &hool Is A150 a nxmber of a nutllb¢r of ¢thr Ixths th• Bodlpj. A8soclatloA ond th¢ W•]sh Indeperrfkw S¢bwts' GyJDcil. The Sthcol proirydes use ofits fxiiittes to of kd SP clubs 4$ w¢ll u prn4db4 veDUW lo¢al ¢0mMlI). events, STRATEGIC REPORT Th¢ followinK serf10 of the Gotrtrnorn, R¢t.05 pth cfthesmts The obj¢th of th¢ Cbdty li the educw fty the rnthjle of ¢hIlib brtwe4D thp 4es of three had strategic ASM ld IDte4ded Elfr¢t The PrlDdpl Al ¢ducati
ROUGLMONfscHooL TRiwf LIMrrED COVBILW4ORS> REPORT{eoDtlA¥j VOR THE YEAR ENDED 31 AUG 2023 eachpupil a1 to ho pupil to d7rt1op 80 llmkptht miDJ. Jn pursuing these akns the to h¢lp pupil ttsdm ld YklD8h•b4" Rouwnont sc1x1 aims to h&v¢ a lve Iten on Its d¢v¢i4wt of er*kn pupi: 5 eharxter aT PW80n&lity so ¢nabl• him LY tr> b¢ 8 w¢fvl member of aociw Ind to be Neped ts the b•y0ndJGb1. In pyrnuin8¢h#¢ AitiJS Ibe Sd>ool bu the followiD8 Obj%11.. to e•¢h wil to thv¢1 18 an iNIiTrtdU 8fDW io luknp¢lldw confidence 1 lE. to tyulp pupll ty u8¢ h18 or her lelwr¢ thne eftèdwty. qWIy Ar#1 0ly. tr> h¢]p pupll dmlop bis•xlw ph1&bIliti to nJak¢ 118 awore of th¢ widor ¢0mM¢Y to wh them tr) th• of thg to bejp exh pupil tg agotof vakth. help pJpils to wkY•th¢ bpiTibJ•l of li
ROL'GEMONT SCHOOL TRusr tlmm GOVERNOILS, REPORT (¢0ntiAj) FOR THE YEAR KNDED 31 AUGUST 21r£2 ObJethM for the Y••r. Ihe Botrd's main 0e¢t1 dwing the be to the Scknl'5 pup0¥ to th¢r I1 pthentia]. This Inelud¢s: to Fffo%4de a Iw." securr ltivtyty ID Pl5 leKD to Itye tyyther th to provide p11& with tht OHtIV to th aev&Yrtw of ¢ tf¢ed¢h of 4cdvldei ln wdor develop ntl up¢rt4 oftheir cbjrw, The str*•8y to achi¢v¢ thts is ro loTh' wtt ty iea¢hOT rth attd w 017de eLmtlnth8 PTofesJl¢MI d0velopmlI0 swff tv the school remJth5 * the of educdfoDal prwiM. PrIAc11 Aethity The S¢hooS'$ Fin¢iplll xtivlty ¢tiV¢s w be the FYovuN)D of • D•y s¢11 for {15 3 to 18.
ROUCKMONf HOoL TRu8r IiMrTXD GOVERNOIIS. RKPORT(eMd4ueO) FOR THE YEAREIYDED31 AUG1012 A-kn7el resnlt4 91% of tb¢•xaD ¢ntrINI¢kn A•. B yth{JMti(d 66%A A•IA 75% (natior 41%1. Ind 39% wh7•d A• {Da¢iomal 17%) owl#iAy. The maj(ty of ourbJd¢rt8 w¢re succ¢g8fv1 62% achlévrAI A•IA (nional 25%) and 39% xbleved A• (nation l(64) BEST EVBRII 95% of 118 xhievrd A minimum of SA• . C . Jhl6 En8ltsb and Mth INlOn01 $2%). Addltlo•al •ue¢¢wu *edv&k• N¢w Dw¢lopD¥mb PrfAdph Rl•kn U•¢•rtsllld gt of lfvlng criiii Jnd p¢ndkn8 T¥591( the Jfftrdabilty of by pqrrnts 4cw tho 1ndq)JaTrt Je¢tty futh numtas. Th¢ Cov•rting B4)ty J18( a feB inueue ltt Jallu 22 of 3.J% up to y 9 and 1% frorn Y¢ 10.13. H[th aod SAfdy ts alwllys a si1rt fty mk Mw¢mL ThBriskJ raD8• eXp¢d1th). Th? level and bre&dth of at tho S¢lwol b thfj a511d with 411
ROL4GEMOr SCHOOL TRUST LIMfTKD GOVERliORS' RKPORT {wDlluIfJ FOR THE YEAR KNDED 31 AUGUST 21121 Prthclpjt Rlth (eollthiu) DetaÉled cooslder&tloD ofrbk is delewd w the Setslor.YwllEeDT TeIL The ri9k malla8eme proreys the re5uliing repoff ideniifies ri5k& asse55es their hTW 4t lfttliboc41 tyl neees5•ry' reconkmends ¢Ontro to mttigate andmoDITwthose th• uc ass¢$1 •A ewtruis used b)'the rrthogl to millin rlsk in¢lude: Strate8ie developmeDt p]orfftlD&. revievyd aDnuall)'bv the SenIorMwe T Compreh¢nsive budgeth?8 attd c£oulliry8: Est&llsbed ¢)rBaniwioDal mvetLr¢s and lllies ofTe Fornial WTitten polldes thcludtD8 clev aDd appro knvb: rtjkn for the school. ELYclAL REVIZW Income for the y¢llr tLolled £7,982.894 (2021: £&691,141) rd expeth amou to £7239,013 (2021.. £6251.027) resultiDg ID a wrplu& of £743,881 (202tr. £440.1141 Th15 1$ mainl%, the Rsult of Sn¢T¢8 pupll numb¢rs 4tso xbJ¢Yw8 th¢ value for throush co¥1 lo¢re¢d pupll numben acrom the School. Re¥ervM Poliey The Govemm ¢02$¢ the need for T¢¥01 to fuDd5 W FW&ryd¢ lo%wrmcm in pyopen). the mwern¢nt of rlskl ond contlnsencs. At 31 A¥gu8r 2021 the ofRou8pmom Sch1 w'ere £]6.749.847. Th¢ hool Cmntly bas tto frEe re%ms a> au qre rTes¢ll1 b>. th• v4lu¢ of fLxed t5sets. On e pr&aic41 level lkn many iodepeth sthoo14 th¢ 8mYrnLYS t(1¥ul11y a&sS the hlllanclat resiltence of the s¢hocl throu8b M¢1(0r1tiB 0 tr cashkn and the 8OV¢rnCff5 xe wrt¢llt looklttg forwK4 th¢ school eurrffjtly •kqth cA8hftow' ty mce. its 5TrdXt Ind medium term¢8 olm
ROUGEMONf 00L TRUST IIMM cOTrTRNoR BEPORT(t4)mtth¥d) FOR THE YEARENDED 31 AUGusf2022 (Wity le8i8htioft in¢lud¢% arequirt0 dern(wtrate thatbIle boneft for Iny clwit8ble pJpog¢ whcff ig th¢ School athl0 thii aim we ai follo The 47 (2021: 54) ¢lulthen t tb• kny Schm¥ In the yer 31 Au8uJt 2022. wlth th¢ axnu41 f¢¢ by £288J94 (2021.. £310J22). The Ythol doe• all It pr I Aw•n School in so doiD8 mths iwl¢ affudable ¥ widtr of the communty. App]icatir •wgrded bètw a IO% 25% 8cbolonhip whi¢h 18 oFoli4yJ to fom for batre¢n 2 and S yewx 18¢bokr¥blp AwiYd•{eomtl*wd) Thii Jchan¢ IOJ (2021: 84) ethiklrnn •MI feo ty£229.48212021: £2017591
ROUCEhlONf SCHOOL TRUST LiIrrED GOVEIL¥ORS' REPORT (¢onttDll¢ FOR THE YKAR KNDKD 31 AL'G, 2Q23 RoUCEMOI SCHOOL AND COKNIUNrrY (PiiBLIC BF24nFID (C11••) CrItObIl Rougemoni Schuol lJa5 a stn)J]8 5etw of cotnmur.iry aod througb the eDthu5ia&tie of pwyiL4, sTrff and p8r¢nts participatn in a wide range of chrityble fjjnd T4isinz thro0 the >'e8r. Cbariiios wlllic& these 4ctivltS¢5 SUPPOrt usujuy seleaed on the wJDds that thN' mpleDnt tL objefflivt5 of th¢ School •#d thif been und¢rtakeD not ([Y dwiryg the sthool duy. S Ls mufti dali alw ¢veDIDgs •nd w¢ek¢NI Througll the8e actlvtiies chlldren CODtlnu¢ to Baill AD apprecii(n of the Deeds of otherk Tbis chm. link b frd into many are&4 of the Foundation Ph¢ currfculuu¥ ¢ ts LItera. And Know'ledge QDd L'D(kn[n8 of thg Wlrld We cott11w the principks of Globol thrv4h (w fitixdrntsib8 for I Afri evenl8 au058 the whok %hool thjs vetr h•v¢nised atotal of £6,464. The Kh(1 a160 alhiwed its fAriliiie6 b) b¢ 5 for 4 rJnBe of externol tlmdrni5TTh8 events. A detsllcd 15 of tht fimdrni51D8 15 drfail b¢loM'. FT 9hould be noted thot fuAdrntsiti8 a1ville$ wr¢ ¢urrailed dwin8 the )vr•kn to the Colid pth¢ aTrd ate nowJu to reqyn TO Co*4&1 i¢vEb. Fmm I Sèptember 2021 w JI Au8u# 21Y22 Rwoni Sthool the followln8 ehorAde$ thrty4b tts 2021 2tr21 Cancer Researh Chlldrets inN4eed Clllld Comic Relief-R¢dTr4o Dai Dlvthity.thanbowD&>" I,th)I 1,775 678 14 493 58 701 Red Cross Ukrntoe AP81 Save the CbildreD S¢ David'j Hospk• 527 735 io
COVERNOIISI REP0RT(eDDthIj FOR YLIR ENDED 31 AUGusf2(122 r••r d¢vthp•llt•*d workpkn trAIu Rou8#ont Schwl welcomes individuth wbo with to waLliAT oxpttmtice iti The thl •8 p WDrkl#8ekwfy vlth l•thl e4mxnlty zro• Yespollwljlllty wAhin th¢ The Its frdlldm to the g¢nernl bIl 8•vknz to th• Ptyble cht1drn of ¢ompkn sdool whkh pubuc pme an £3.1 I lJ19 Ill the ytsr endfyj 31 Au8u# 2022. This illuStrats eAti• is Aiculat&l by ¥sumiD8i rth of £4.651 p•rpkn iti the 8tate s¢Ltr. vAder With thi¥ in TDbd the Scknl ho8 • ¢knlled plm of capitsi c((Ltinyoll•
ROUGEMoNf SCHOOL TRusf LIMfrED GOVEoRs REPORT {tontlnutd) FOR yEARE1)l) 31 AUGUST 21a2 Tho Gov¢rnor5 (who we dso dire olRou8tmon School rttl lled fw the pwp)ses of ¢ompD%' illu) responsibk fw preiDE the Governots. Report and the fitiaticial 5tytrnts kn wrdallce applkable talr view of the swt of affair5 of the cljaritable eowv ¥od of the AtwmtD8 T¢SQWteg Bppllettioo of z¢$our¢es, incl the cojne aJd &wdir, of the cbsritAb£ uJDw>' for wiod ltt prepm8 thEse nanctsl Btstety¢nf4 the tryste•s ue Tequiredw: 5¢lect sultyble ¥cowLttrq poli¢iu 4Ddthett appl} them consix¢ndy• ObseTrr the Dhod3 tyd PTbJdples la the Cfftwhies SORP: Stste wb¢th¢r Applicabk UK A¢cwttJD8 knve beo foll{nd sllbj ¢0 dep 1th5ckwd exp]Jin¢d ltt ib¢ tknft¢I th¢ ¢hhritable compaffi.. 411 in bwinBJ3 The Gov¢rnorJ re&poMlble for kttping propw reco$ diwkne with rny)llablo At ny tim¢ the fllJaocl41 position of the cbtht•bl¢ •Dd enabk th&t the fn•ncid sratein¢n¢> nply %)ith the Compwues Act 21))6. Tho. ue 50 re4prns7i for th¢ •ssets of the clwritsbl¢ compAn>' heDce fce u]dn8 r•Wnle Steps fty the &•te¢tkn of frnJ aod other tiTe8ularltle In 50 fora8 we ve akn'Kt: Th¢re Is no r¢kn'anr wdtt infonnrriott of wb.icb the ¢bgTltsble coryl'y audiwri8 llmw'are: Jnd The tru5ttts hAi tyk¢n 011 Ibt). W8ht ty haix th to rn4ke therttsch of any ioellld 00 the Ch8rit>"$ i%'ebsiie. Le&is14tiort in the Ltiit¢d Kin8dom 8ov•min& the AtJDrroRS The r¢ywlntment of HaJ'SllilltsTC LLP •$ #tr5 for th en5UiDg bv t¢wId at the Alln1 ()ttserh1.eeMll8 in Wordre section 485 of the CompfrDieS Art 2W6. The Oov¢rnor5' re incWiD8the r¢ptyD.y5 4¥nTh'thl 1 wnhLYig¢d fty Issw "the Bord of Dlncron (Goverllof5) at its on 20 january 2023 2Q22 si4 its itl4lf ,.
Op1• w¢ a tn aDd fairviffiv of th¢ st•te oftkn w's of tho Pwt c]witib]e eompw'i affair5 OS 8t 31 Avluit 21Y22 aDd of thè w'i •TM1 cbwitsbkn e4Mnpw'B nrt movetti¢nt In for fty the audii of th fiD8llCtat tht¢ments tt<t1 Df (w We iTtht of th¢ ollp in aceordw wttb ethi¢d rrqw1re that •z• r¢lev8ttt to i111 of Iho fcial *t¢ments in the UK Inch1Th8 the 13
INDEPEr4DE AUDITOIL8' REPORT TO 1EE OF ROLGEMoiYr scitOOL TRUST LIT•lm (cY)ffflNUED) with the fthancial statem In occordance iyith applicable le9 requirements. Llfttery on whltk wt •r¢ rqulrod to report by In the of tht kno"ledge ond of the knd pareDt cbritsbh Its obtsined th the course ¢)f the Audik we bal'e DO¢ identified tJLEral the Gtswrnm. Rwt r¢quim us ro iw io vou 1£ Sn our opinlot).. a¢qU awouDmJg TrLords kn'e notbeeDk¢pt b}. the group ¢lwiwble couwk>" or RUponbu1tle• oftruKea for th• IlnaotlAI ytst¢meots A3 cxptained MOR fvIFs' In the Gotrernors, sponslI111CS on p4e 10 the Crnor$(MthO •Te also the dttector8 ofthe w •nd wpnt cbrltyb ¢omF4Q)' for thc pwpoxs of ¢thtwh., IIK) r¢5ponst•lr for the prep8rntion of the fi4an¢itl 5trtemEnts atsd for MdJfi¢d thllE iiY¢ 8 true ond tr vithh. for 5u¢h llltsMLI c£mtrol tht GoY¢moTS dernth is #¢ce59Ar4 to enthk the Pre00 of ffttth¢tsl jWn5 thar IL prepoth8 the fIda1 5tathmry the Governrys tryon511• the Broup s pfft charitable ¢ompthy'5 ablliTh' w confinut u a 80th8 ¢onc¢rn, dtscloth& •5 applicable, rarn related to goin8 8nd usin8 the 80kn8 ¢otK¢rn of unless the Governors either itiT¢ttd w liquido thè Audltor'i respo11b{11t1e8 for ¢&¢ #udh olthe IlllADtW obj¢div¢s to obtBlo re1x1ble Usur¢¢ abow wthether thp stor¢m u a whole ote frpm mawial Jnlsswemen4 MILpther due to fraud error, to all &wlltor'$ repon that IlUd¢S our opin1 R¢wllable a6wance 15 A hi8b levd of bvt 15 ttOE att audii coLdwed In aEcordBn¢¢ Mith ISA8 ILK) Hill deTW • Trhen if exists. Ulsst•emeDts ¢aD arlsE from fraud or ron5ideTed if. illdividu9. (r in the a8¥resa*z. the%. cOd reaxrwbly be ewt¢d w laflueD¢e the econotJi¢ deelslons of us¢ts tsk¢D OJ the of 5¢ fin111 st4ternenu. Irre8ulwiti¢8 includin8 frnu4 are Jn5Thtsces of nwllwc Fith lav& wjd gl&ll We desi8D pmcedwes detailed below.. operate& ideniifjed thAt the risks of with 4Dd reguiaEILmts reld t wFJth n(-¢lnpI1n¢e hAve a effect on the fintyiat ytarezDatt& Tre thl laMB Art2000, the ChBritiu Act2011. 14
UMofo•r ry This r¢port 1$ gokty to the tsitAbl4 Jr¢Jubtt4 u a body. 7n witb Chaffl 3 ofprt 16 of th¢ CompADieJ kn 21XI& Cr audi¢ bts undth w thot JrLi8ht &tAt¢ lo the pmt
ber pllp)s•. To the fullest extrnt by law. we do oramume r¥4m1bJllty 10 4DyOrte othor
RidwdW¢aver (lor Statuw Altr¥) 10 Qucon Str¢¢tP EC4R IAG Dath . 20 J.anuAry.?O??......
ROUGEMONT scifooL TRiVSTLIMITED CONSOLIDATED sfATEMKNT OF FINANCIAL ACllVITIES FOR THE YEAR EiYDED31 AUGUST 2tr12 OnrPOtl 14com¢ * Exwdlthre AetO44t) Gt•¢rnl De51ted Fd5 Tothl 21)22 Totsl LNCOMI E FROM: Ck•rl¢•bkn Aetlvlt School fees Ancijlary trading inwme 73T2A20 372J41 72r2,420 5n,541 022S.593 284,514 Other TrAdlllz A¢dvld•J Other in¢omo 134.119 134.889 35.640 310 310 41 lacome from Dox•tloRi and Lryad 1734 1734 145J33 TOTAL COmE 7,982.894 7,982,894 691,141 Tr1& Hrtiiles 47J44 47J14 10,046 Ch&rttbl¢ Actl¥ld Education attd makin8 7,191.069 7,191.669 6240,981 7239.013 7239,013 2¢1,027 NET INCOMK BEn)RE TRANSFERS 743.881 743.881 440.114 TrllDrfe (967,620) 967.620 NET MOVEMENT IN FUNDS Arn TRANSFERS (223,739) 967,620 743.881 440.114 RECONCILUATIOI¥ OF FU.NIKS FLLnd5 85 at I SepK]thr 2021 7.fX15J65 9,IXX>,401 16.CK15,966 Is65,152 FLryDS CARRIED FORITrARD AT 31 AIGiyf 2tn2 15 Q781.826 9.$,021 16,749.847 I&5.966 The notes OD pages 19 w 34 fomi ofthue fllJoDciai The stemeM of Flnanciai Acttiities inchth all gains 8txI los re¢o8DiwI in tb¢ )tK. All etDounts d7ive from ¢ontinuin8 actiiities. All incoJp¢ aud expelldrure %Tars 8re aThJ therefwe acOMpabI 16
ROUCRMoNf KllOOL TRUSTUMrrKD CoThwymThbpr. (J1171810 AS AT 31 AuG8T 2022 Grolp Chlrfty 10 17.9547) 17.635.746 17.954,780 17.635.746 Stock 1656 9&998 Z345J77 1.758 115A34 2327.367 131.418 1787,985 124J39 1713284 IY20.301 1447,031 1837,623 1444559 12 (S302D4) (1.065,9) (827.735) 1.798lWI IhlA827 1,771,641 1,616.824 19.753.074 19251573 19.726.424 192Y2J70 13 1324fi) (3,Tr)3225) (3YA607) IQ749J46 16.iW966 16,723.199 IQIK15.966 Gon1 fiuMI. R•valuth IPW• 15 & 16 &781.826 7,fA)SJ65 7,984.714 820&339 15&16 9,968,021 9.(KWI 4738.480 7,797J13 IA749.847 1firy)5.960 IA723,193 I&[.8j2 14749,847 I6.)566 1&723,193 14fM)5.852 20 lalluary 2023 2022 17
ROuGEmOI SCHOOL TRU8f LIMrr£D COI%SOLIDATED STATEME1 OF CASH FLOWS FOR THE YEAR L)TIED 31 AUGusf2022 CAbH FLOWS FROM OPERATING A[VITI¥ 2Q21 Net eA$b lullDwI(ourfltsTh') from OPErntions Yet cesh provldod ty,(used in) OPmDD8 alY1 18 1397.168 1,129J27 flows from lThveKth¥ afthtd P&irynMts io o¢wJxe 1sn8lb]e fixed Lvets Re¢¢iprB on di5pos&I oftwil¥le tlx¢du%ts lllvethnt iti¢ome C167,41T) 16,OCQ) 310 (80,6Y) 41 Ll•t (u•¢d lnyprnvldqd bi. Ibv 4¢dvltie8 (773,IQT) (80,653) Ch Inlky befor• lkn•wl 724,1 1,048.674 Cash llm from A¢¢Md (1772 let lttflowi(outllow) in re&pe¢t of flTWnCe 138,412 FITWlC¢ cosrs kVLid (11169) (92,078) (i27,84P N¢t eth IDflowl(oatt]ow) from fiDan¢tn# (28IA53) (4101) Cbon8e IA •ttd e••a ¢qulnl¢•ts l• th• rryOrtl perknd 442.ON C•th and euh ¢qufvileDts at ikn brylttAI ofthE rportlng 1345JTI IJNJ,8Q4 C*Jh and •t tbe •lld of the r¢portth¥ ptrlod 1787JlJ 2.345.371
FOR YEARXNDED 31 AUGi1ST22 AccouNnNG IIOLICIES 1.1 of aFyli¢oble ill the UK R¢ •f tyeland (FRS102% tho Act rh• StstatLCrt of Rwtitig 8tslldard aH>lKabl¢ in th¢ UK Ryblic of Itr]afyd (FRS 102)- (Stt4JDd Edith e(TertibY I Jmupry 2019). Tr SchLx)l li a Public BttJ¢fit Fthdy rep8tl chvhy in Wths attd 8 company IAmit& by It was 29th Iy 1974 nuntr. 1178886) and re8iSteAYd a8 4 ehrtty on 24•ocIot 1974 (I•fvmullb. 532341) Cthlal A¢eowntltt8 J•dyrnents kny otertlrnitloj •NcvlalMty azv n¥x)8DlJed hh the wlod ID rfjkh th¢ ¢sthD•t¢ b revl8ed Iffhe rth IlyeI 0Y that to ¢Al¢ul4ts deprecizb(x4 thst chry k •djutt•dr(rye<W. •d are 19
ROLGEMoNf SCHOOL TRUST lilfIED OTES TO THE STATEhlENfs (eoBthiuD FOR THE YEAR ENDED 31 AUGCST 2VU la Ille0• (t4•ntltt•ed) DoDotIO And 14AdeJ othtr Incoll liabty qualltifi alldth¢ ec4>nornic boofftTO th¢ Scbool is Consid wvhble. subje 4ci15c w'lshes of the doAOT5 sre (Tedhed to tht tthvart R¢sm Funth. the •moutst ts held as exp¢nd4bk capltJL •Xto ETthrneM Fuads. Lega¢lu ¢ the S¢hool b•a eDdIkJ to tho the L¥n b• ]lIblY qY8tttified the ecoDomi¢ benefft to the School is ¢Idered probjbk. EAddemeM ig the earlier of th• Feu Md 1Smtl•r Mrn¢d Ineome Fees re¢eivable md ¢h8rw for use of the a¢couoted for IJ the )w itt wbi¢h the rthJssioD$ allowrd by the Scbool. ojity •r¢ th¢lud¢d AS • laabuty uDTil refiuxled dr, ott b¢ tollmd•bK •r¢ ¢Rdlwd to Advonu f¢eJ CTedityJto ltt¢•m¢ 16 fall due. 1.3 ExptAdlts Expeudkn Is ac¢ountrd for on oc¢nwls blj wbere thete is a leg81 Jnd obl18&On to rn¥ 4 p4>inm w • third pury •ttd the Amount of the obiigsrton catl b¢ meawred R114bth>', iy lOted tLI the wyoprith heingS ley1 to the cb•Jitzble •ethi0s • direa 1•5ii. Supporr cos11 m4inl!' represent offic¢ JdmiDiStrntioL IrrecoTrmblc VAT iy ChAry Ki the Sr£temer& of FIDancial A¢tiViTi¢S •$ ittcwrnd. c(u wnprix the c05ts of rmtiift8 tho SdM)oL inGludln8 rtT¢we pl8ntiin8 tor Its Ibtllre dlOp ¢xternni aud1¥ legal othqce all the of Cxnphll8 NIth ¢onJtituti¢)nal Und 51Jttrtor)' r¢qthments. Ch8riEable exp¢ndItie the costs of nmnlng th0 School including 8olarxs, ¢atrriD& pTrmi5ts tlld n"elfut Cosu of rnisln8 fftd5 mclude oon. •ncUltyn' trndlli& tIMuetrÈ& trAvestr m•n88ement and nd deirloprn¢ot costs. 1.4 T10le Flxtd Autts DepYodtlo All fixed 455Qts 4T¢ iniiinU> Tecorthd Et ¢OSL Re%?lu1o of wers: Lnder th¢ previous GAAP. the ¢hatitJble ¢ompan> a poli of moluiu8 its md LIld1. On ty•D5idon to FRS 102 the L¢riTthle ¢ompon}' elrtled ro us¢ the of land andbuikby rt6 llt 31 Au8uJr 2014 th¢ 1.5 D¢prteitlo c<otLOtntc live5 at tho folloMIDgratrs: F¢holdbllIldins SFwts fa¢llitie6 V¢bicks
RoUG0100L TRi[ IAMtTXD FOR THE YEARENDED 31 AUGiJFf2012 ir fair wllle. The c•pitai el¢uwt of thB is treed u a Jiability and int¢ ' IJ Operndnl #gr•¢wts Ll• Fl••fj¢tsl IN•trlluents eqUivets il d¢fJnal 09 all held in tiiltant ace•unts aDd ud 48 worklng c4Jitai. D¢btOf• 8nd ¢r¢dltor4 Advalle¢ Fe4• F•nd 21
ROUGZMOryT SCHOOL TRUST LIMrrED OTES TO THE FLILNCL4L sfATEJILNIS (coutlJ•• FOR THE YEAR ENDED 31 AUGUST %122 Thc capital portion outst& is TecogDised 8$ 1 liabiliN' ¥lld of diJ¢ouw in the ye4r ib in¢lutsliJ the stsiemont of A1¥111 Provblonj for lknblltti oviyjons made wthere on Iw tskeD plwce thal giirs the S¢h(xJl a lepi or C4JrffjtrJ¢tl obiigath>n thot probabb. requires settiemfflt b>" of b¢nefi t anli&bk ¢fLbe of the QELOUtttofth¢ obli8attorL 1.11 Stsff B•Dellts tncludlng Pen0 ro•ts The SC]01 Contrts¢S w the folii)'in8 1, Th¢ School cotArlkn to the Teachus. P¢Nlon Scheme. Thb is • muhl•over stht and itls Dot po3siTr+le kn Id¢ntify the S¢knl'& sh•r• of the urthlTriD8 aslets atsd 1MIlli¢S oll A COD5i5teni and reu0nk ba815. As rtqulred bi, FRS 102. the School A¢¢ouDts ftt the emE 15 if it wer¢ N detlned CourntIon 6¢heme. The S¢bool's ¢ontrihai vhicb ve in or¢¢ the r1commeDdEonj of th¢ Aeliw>, •m ¢Fw8ed th tht pvltyl In ¢& to whl¢h tbey T¢lw ar¢ p•y&bk. ll. a coDtrlbutory Grn Per8oDAi P¢wlon Pl. This ts & d•tlnfyl 8chem4 totmlbutioD5 to the plan HTe In xCord•ts ivith the njks of the PaD and are cbW to exF¢tyJkn M'hrn th•, &+hort tsrrA b•t Short term benefits. Induth8 hollthy pA%. recosDi¥¢d 81 IA the Pknd In tiiah th¢ 1$ rnceive Employee t•ruthiioD b¢llefits 1.12 Bumry fuDd onsoitt8 ftt incom¢. 1.13 VAT RrytsirthMt Al of I" FeLruri 2019 Grw li no Igerr¢wEdVAT.
RoVMONr 8CHOOL TRusr IiMrrKD FOR IHK YEAKXNDED31 AUGU221 2031 &138,044 7.031241 PJr8Arie8 &hoi 1288J94) {229.4r2) {159m8) (173.679) {1S,trJl) (3111322) 01759) (135.549) (146,130) (10.882) (865ffj24) {805.648) 7.2714x1 6225.593 Bursories totsi]m8£28&394 wwe 47 pJpi]s (J21.. £3 IOJ22 to 54 P719) Srhoknthip £229Nt2 105 (1. 1201759 ty 75 Pjts) 2021 198.361 313.It7 4?74 059 129,080 127.179 16.062 1.453 5¢bool JR541 284514 CRAKfs AND WNATIONS 434 144.919 1734 2.rJ4 14JJ33 91.498 43J91 32.4ri 3.193 134,889 3S,670
ROUGLYOh7 SCHOOL TRusf LihirrzD NOTES TO THE FINANCIAL STATEMErir5 (eoAdwed) FOR THE YEAR ENDED 31 AUGu%f2022 2022 Baok iDwe5r re¢dvabk 310 41 costs ¢wprhed: a8e6 and s811¢8 4,131.841 421 JIS 721107 3.731845 360.6L 664J39 524 p510n Contr10D1 5J79,963 4754573 Noo¢ of the Governorn Tecelved 4. remuncrthoti ty othtrbettt th)m the School w from rn>' nn¢¢red Ix)th,. No reimbtn¢m¢nts w¢r made * ITh¢05 thrin8 the •#rar (£2021.. Nil) Jce 18 fiv The #verq¥e nwllber of ¢ll4>loy•u kn th¢ y¢•r. ••fOllo.. Teh1O¥ stAff Sw)port jtsff 75 55 74 52 130 120 The number of employees M'IMe •llb)Iwn¢ts for the the £70.000- £79,999 £80,799 . £89,999 £IOO,QQO- £109.WJ £IIO,(XIO- £119.W) £70.462) 429962 452378 451278
ROUCEMONfKHooL TRUST IIMfiED FOR YHK YEARENDED31 AUGUST 2021 47JM 47,344 188.013 209.961 4662 615.148 59,580 4JTJJ14 397.051 W•lfue I.090 343,011 371.379 1.426 1.240J14 5279962 Ih79.322 431385 7.191.669 5279,962 l J26,666 432J85 7239,013 ¢08ts collsl# of the folknwthg.. . 173.422 I.511 31.461 IY2,882 98J3J S43 126274 19211 97,455 187J25 AdTthsill& rnwk¢tsi¥ & PR exF•littWE 020. 49£808 *warth alld p 2021 165.624 805fi48 865.624 805
ROL'GEMof4T SCHOOL TRUST LIMrrKD FOR THE YEAR iP4DED 31 AUGiJST2Q22 AliALYSIS OT ZXPRNDITURE (coAtIDMed) Stsff t•ts D¢prtd*¢io# Cbrkabk expendhurn: 10.046 10.046 Sth¢>ol Actlvltles TeathuJ8 Welfare Premis•8 3.770.4S8 142.432 283.113 154,481 Li,907 3,990.876 33¢ 058 498384 332220 3.73J 950.391 1.064.359 4,731573 1,080,546 401.862 6340,981 TotRI 4.748J73 401,862 6251.027 NET LYCOME FOR IHK YEAR 2022 Stsff peDJion contrh)wior Disposal of fixed w¢t• DepYtciatiOll Auditors, remutirr8n. . wdit of fin141 ststemellts (¢AchiD8 VAT) -forotber 8oThictJ (excludiD8 VAf) Owaikng leu¢ ¢0519.. 726,807 (6.OtKI) 432,3L 664,339 401.862 2(5 21,480 3,120 18,348 87.Q40 252 43,139 26
ROuGiMHO0L TRUST urarTBD FOR IHE YURENDED 31 AUGU 2022 TANGIBIZFIXKD At i XQI Addtiion8 1186Q513 411320 130254) 96(695 46&619 321.¢711 {ISi1811 321911 28.026 (411531 129,179 24741,? 767,417 {284.107) i&( At 31 Al2022 192415 J.(q7J85 3W784 129.179 212x497 At i 2(Qi 1.625.769 311.86J PW4) 337.761 056 lu 24.8OS 14llJ3) 3.ILWOI 431384 (26&8081 59J14 {IAIIJ) 31 Auyrt2Q2 1.917J 364356 U707 123.4n 3269.717 Pl•t Book V•h• Ai31 2022 1732S2fAI 4Jlh93 IJJ 8Q077 17fr7 17,94710 A¢31 Aup2021 £17.234744 7A855 7.133 17.63J,746 Gr• 11. DEBTOR8 7.079 39J78 W25 39J36 Sd1 fr¢• 59J78 25323 39.436 33 33375 14,186 14.129 33275 10.104 124J39 114 20Ji 161557 1%1.850 16U57 86J79 44J36 784 395.8M W784 9Q862 145.412 12Q750 J39.1)Xl 1518) 1307) 3J,784 41.412 6J211 11169 Autsllnn2Q22 fr4 pid 39J 145.412 131( 12Q750 94224 35.n4 11169 1.14010 830204 i.W982 827.735
RoUGEMO SCHOOL TRusf LiiirrED OTES TO THE Fll¥ANCIAL $fATEmE (tunthu} FOR YEAR ENDED 31 AiTcusf 11122 13. CREDITORS,. •thOURts f•llJ4 due thr f one Croup 1883.073 120.IJ2 2,883.073 3.079.572 167,035 l67.035 3,(3225 324W7 3,003225 3346,61 AdviD¢od fee pa>thents: PaTent5 entsr a rcntrart to pa). w the thl up the ¢qu1%71ent of flye )Ys, Nidon fee5 c¢ ond the umoullt fthills i. of the ¢ttaL L. 19 as defrfftd income, rhe pup51'5 fEfS becouh¢ thx Mtheteupffi the fees fer eath scb¢y)I tern ebrged apltmt th¢ r¢moiniDÉ balattce and Thk¢ts to income. A disco¢ nt¢ Is St the c¢tttws Inceptlon thls ts e d10 frorn the Jclyool fte iti tbe The nwDO> r¢tsJrned bJ•rt to &pe¢ifi¢ colldt¢iou the of(x*wm'5 Mke. Aiwmltti trmth Inthe SGhwL wlv¥JM fw will be •M)Iled 15 follo. 2021 1021 After S yellrj Within 2 ro 3 ywj Wlthln I w 2 YMTS 38,3J2 81,802 118296 48,739 120,154 167,035 WlthlrL 01 yqtr 143.411 96.862 J65 263.811 21n2 2021 BolaTKe at I Septemb¢r2021 263,897 169,185 5,828 263,357 I20,8C8 4.7f2 438910 38&868 (173J45) (124.1> Bolaoce * 31 Au8u# 2022 265.565 263.897
FOR YKARENDEDJI AUGusf 21112 .1ft S WithiD 2to 5 yeaTS IKthin I w2 y¢0 1106.8 589.704 186.510 2J23,183 574,539 181.850 1883,074 3.079.3T2 181.850 161557 3.064324 3242.129 L]IDlJm Hall I1 H811 Ow1 djtsd 28 Au8UJt 2 valuul 18th Ail 2002 incap)• i and kning thv8e OV ¢wr¢Dt •tsd futur• •40ts of the ¢barity. Tho xbool itito two r*w loard in 2f20. tho fnt il fir £1.980.IYXI arnd the 0nd i• fi>r £1.320.CW both by drnwth)vD ID April 2021. Both re %cwe41 by a firt Iwl r&•3e ovqr th¢ di1<>¢d u follow Withts I to 2yoqr5 11169 11109
ROUGEMONf SCHOOL TRU LIMITKD NOTES TO THX FLNANCJAL STATEMENfs(¢fjwU•¥ FOR THE YEAR ENDED 31 AUGusf2•22 At 31 August ?022 the eompanv had the foll¢ir4 fJnlle mittimJm p7¢ as $rf outt¢loTh'. Th¥ ¢htrge to the SthtemeDt of Finattcial Actiiities inthe £1&47 (202i £70J39). Auetso¢her th• nd A•d billdlnp 2Q2J yin¢nts du¢ In: L¢$8 than ye Wlthln 2 to S yea 24377 54215 25.151 78J92 115,247 15. STATEVIEh7 OF FufiD5 GROUP u•r¢rtrI¢t f•4th BAl•nce At 31 I S¢pl¢mb IRfomt Expmdttve R•luAtlon & T¥$re 21122 Gèmernl fuDdJ 7,981894 (7239,013) (743.881) (223.739) RmIuA0ll r¢*rv¢ 7,1)05#65 6,781.826 Tot•1 8ruir•l 7.9r2.894 C1239,013) (967.620) 61181,826 DeolgDatsd fundi Auditoriwbl & Refector). fimd Fi¥ed R¢4mr fimd 9.IXQ.401 967.620 9,968,021 Totsl Vffjrotrkt¢d fvnd• I&(.960 7,9r4,894 (7239,013) 16.749.847 30
ROUQMONf KllOOL TRusr IirdrrED N(YTri TO ThK FL¥ANCIAL sfAIEMllNfs (¢•ml1llv) FOR 7HE YEARENDED31 AUGiisf2022 l& iTATErd OF FUNDS B1t 2021 7,gA896 Cl.1919) (717328) (223.739) 8208.453 7,984.714 (208.453 7.V896 O.191,W (940} 7,984,714 7.797J13 94Q967 8,738rt80 Totsl UDratrkt•d l&(X15966 7.gYA,896 (7.191. 10.723.193 CompRTrllYe luM' CROUP AND COKPANY I S•ptmb & TrmTrrf•r• Genernl 691,141 (6251.Q7) (44Q114) (W3.rJ9) ?229.304 7,CW,565 Totsl 7229JOI 6.691.141 (6251.W21) (603.833) 7,IX15,565 DMlptsd f•4d• 4336,5 663W3 9.0.40] Q691.141 (6251.027) 16,(QS,966 17. AB at 31 August 204 RoU8¢t Sthtyjl LSm#e41 £26.fj53 (2021.. £10.046) fr( pwjils at the School. Tha¢ Gortys are not imToITtsJ ID mAkiDg prre50eg Tel8 kn th¢iT 31
ROUGEMOPIT SCHOOL TRL'ST IIMITED OTKS TO THE FINANCIALSTATKMLNIS (conthiY¢d) FOR THE YEAR ENDED 31 AUGU 2(tt2 17. RELATED PARTY GtsY¢rnLY5 are uut remunernted for their dme4 howe, thev ut TllIng costs mtend m¢etillgs frorn illnetim¢. No GornLfJ wezt rETrnb thvel ¢05rJ in )rr £Nii (2021: &il). BS Gre¢ll Assodte$ invoithl ¢oxs of £19.419 (2020: £A6.512) S¢knl ts WL¥kB wtth varlDUS projects round the 6chool. Th¢ Goiyrnpr (Ricljard GM) 59 a dirthr of RS Greqh No amourtu o¥r8tyttditL8 erd[2021.. Duvld M¢clellth knvoS¢ed eosts of£9.78012021: £2>>tO th¢ 5dKl eLrheelth Mppo Fiona Btrmett invol¢es c415t8 of £1,) 0021: NU) to th s¢&ool &¥ f#$ ftr illfiutr. I& RECONCILIATION OF NTT COmE TO NET CASH JNFU)II' FROM OPZRATifiG AciivfnES 2021 743J81 440.114 Ad(L. intffesr PAyable L45s.' interes rtlYble on (310) 127.857 (41) 904.365 567,930 Ebfft ott dIspol of fixed assets 432.059 (36,166) 261,384 11,758) 4011862 13< 851 25,442 (1,758) De¢r¢a5e (incrwe) in d¢btOT6 llluw¢,'l(krre8se) in ¢T¥diTof5 1.497.098 1,129J27 19. ANALYSIS OF CASE AND CASH EQiIIVILEK13 At i &ptyTrb•r At 31 Auv1 21ll2 2J4JJ77 1787.985 2J45J77 442,fAJ8 1787,985 32
FOR ThE YEAREIYDXD 31 AUGusf2•22 2 IWINC SuDIARy 2020, all pvfits arn tts the sdmL At tt 31 AW 2022 the n¢ U9¢ts of the compgoy vMr¢ £2. (2021: t21 2021 20.477 Cort of 1,183 71815 46.162 20,7YJ 10,338 N¢¢Fofjt 653 10,4 OiftA (2Q653) (lo.4K) Th# S¢knl th¢ gift lid oc £24653 PQ20: £IOAQO) frorn Rou8&wnt Stknl 21, The Sdwi p•nic5p4 ill th• Twlm, PoKo>on (Engknd (Ihe Trsry f( Its (2021.. £612,679) q¢ the YerI knil (21 . £NID was iti r¢ipX of Contr( to thkn P¢DgiODJ RegulatiOM 2010 (u aDnded) wd Th¢ T¢¥m' P)n Sche4no ReBuI]ll 2014 ( ¥ It 31 Marnh 2016 •¥1 th¢ Vah4dth RWL l¢b wbli¥b¢d b March 2019. that the loy¢r cothlyutic for tho Trs wcdd inrytose from 16.4% to 23.6% fTh>m I Septomr 2019. Emplo>Yrn r¢qllUJ a sc1w adMIon Icvy of 0.08% giiing a tothl employ 33
ROUGEMONf SCHOOL TRusf L]ED FOR TIIK YXAR ENDU) 31 AGL, 2022 Pth310) coMThITfL4IL)TS (tonthued) Or, 27 June 2019 the SupttTr£ Couft iknied the go%eromcJr pmi55ion to w81 the Coun of Appe41'$ jud8mew trBD5itioDal trovi510 inJodJcwi to the reforned peDsioD 5cheme5 io 2015 8aYe rix nlaNthI fi8¢ dx5Lrlmitiadon. The gobyrnment is 3veing the Court's decision •lld hA5 said it Nill en8A8t fvlly w'ith th• En10>ent ThTrtsttfi] ts w'ell ¥ ¢mpitr tyj repreV¢S ty •8ree how th¢ diS¢riMios M'ill be Mis 14ullcld bv the 16 Jwl%' 2020. andclo5ed th r¢4X4W I l Owbu2020. Th¢ TPS IJ wbiort to rt ¢ost e4) Jne-haniwu put in pkn protea tW)Ai'er5 •8OiD51 unforetts cbaDBU ID schme ¢rAts. The Chlvf Sectw. to thE Tre45ury'. bailog In 2018 annouftced that there V4vuld b¢ a review. of thi8 ¢8p in Jelly 2019 ann0C¢d N pwJs¢ to th¢ up mec&Ani8m follomthg the Court of Ap.3 njltiis in the Mcclol.5t we 4Dd 11 ther• IB ¢¢rtairtN about the vaEu¢ of penjions w Employrts Awil 2015 LMJiids. Th¢ pouse lifted in Jul). 2020 ond th¢ 80i'ernment is FYepATir¥ ro wmplete the ¢t ¢otthl ¢letMM of the 2016 whith i& ¢xpert¢dto be ¢omplet¢d 14 2021. Ets view. of th¢ •bov¢ ndlny decbloD5 the aJyamptloD5 u•ed ID the 3... lrfvch 2016 A¢llMriHI A¢tuorial Valuatiott. LTthll the eoDs¥Ith th¢ mechaD15m eirapktyl DXp055ll>le to Conclude an). flttwiai imp1 or ra1¢ cbrn8¢5 to the r95 of the TPS. Actordlo8b', no for N¢ryJ.Teo¢hin8 re offtred membershTP of SeLttisb M"idow4 a dellned ¢(trIbuOll h¢m¢ (Group P¢TSonLI Penslon Plan). to w'hlch the thl ¢LMmlxtte6 60A. The ¢ontrIbud ittro th¢ scbtme b>. tht eTDplo}Yr to L4lJ93 IW21: £51.8601 Erylo%tts ¢tytrbxe le8 the wuttt the employer 5ato the sth•n¢. 22. cAP.L co1s There m no wiltal at31 AW 2022 or 31 2021.