YEAR ENDED31 AUGusf 2022
Cthwy R•ll*￿N￿ 01178886
a*ity 532341

ROLTGEMOliT SCHOOL TRLsf LIMrr
FLY￿NC[AL ￿ATR￿E￿I8
YEAR ENDED 31 AUGLST 2022
CONTENTS
PAGE
ber5 of the Bord ￿1Prof¢s￿lOUaE ￿vtsrrn
llld¢peTrd6nt rr
13
stat￿￿￿ of Fthon¢iAi A¢dvitle5
(Incorporati￿the 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•. IF￿d 30Jww 2021
MrHCIrt•
Mr R ¢3r•enB.k• (Honll BAr&, Ll
Mr P HvrRI
M TrfA>i& (ffU18T￿ July 2022)
MTS C 114xw (re•l￿ed 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 rfScirtla￿4
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) •ffu*ive 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 I1￿￿TerM ofoffi¢¢. We to thank them all forlJ*tr
which * are le￿llY resp(￿1￿1¢. The of impkth￿tiD8 m(*t of the Ho￿d,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￿ Pl￿￿5 Commiutt. The He*drn￿ler 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 a￿d Y¢s]ThbftJiliry. Heads of Deprnt
th¢Lr OWTL bud8¢ts whlch ute forrll&h. dBle8a*d 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>' it￿l￿d￿ coDmbJtiortS
to the School's Jucce89. The 4)propriat¢ne&s qnd T¢￿¥￿te of the rnttur*rati￿ policv ts revieN'Ed SDnuaUv,
In¢ludkn8 ref¢renc¢ io compwi50n5 w4th 1)thtt ir*LdeDt sthy)]5 to eDSure that th¢ xhool raDDI1￿ swhlve to
th• broadtr i88UC8 ofp), and empl0}T￿l condhlons elsolfiete.
approx]n￿l¢lY 300 be•ds of ￿￿1￿4 Brttiah ittdyAaeth The Dirtaor of Bu5itKS8 &MI Flnanrt is i
rnernbeT of The Irthpendent S¢hoob Bur51rs' A5$Oti￿10￿ wkleh ejubks the sthool to be abr￿51 of bert
Th• &hool Is A150 a nxmber of a nutllb¢r of ¢thr Ixths th• Bodlpj.
A8soclatloA ond th¢ W•]sh Indeperrfkw S¢bwts' GyJDcil.
The Sthcol proirydes use ofits fxiiittes to of kd SP￿ clubs 4$ w¢ll u prn4db4
veDUW lo¢al ¢0mM￿lI). events,
STRATEGIC REPORT
Th¢ followinK serf10￿ of the Gotrtrnorn, R¢￿t.0￿5 pth cfthesmts
The obj¢th of th¢ Cbdty li the educw fty the rnthjle of ¢hIlib￿ brtwe4D thp 4es of three had
strategic ASM l￿d IDte4ded Elfr¢t
The PrlDdpl Al
¢ducati

ROUGLMONfscHooL TRiwf LIMrrED
COVBILW4ORS> REPORT{eoDtlA¥￿j
VOR THE YEAR ENDED 31 AUG￿ 2023
eachpupil a￿1 to ho￿ pupil to d7rt1op 80 llmkptht miDJ. Jn pursuing these akns the
to h¢lp pupil ttsdm￿ l￿d *Y*klD8h•b4"
Rouwnont sc1x￿1 aims to h&v¢ a ￿l￿ve It￿en￿ 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 Nep￿ed ts the
b•y0ndJGb￿1. 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 ￿0￿￿ly.
tr> h¢]p pupll dmlop bis•xlw ph￿￿￿1&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 0￿e¢t1￿ dwing the be to the Scknl'5 pup0¥ to th¢r I￿1￿￿￿
pthentia]. This Inelud¢s:
to Fffo%4de a Iw." securr ltivtyty￿ ID Pl￿￿5 leKD to Itye tyyther th
to provide p￿11& with tht OH￿tIV 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
d0velopm￿lI0 swff tv the school remJth5 * the of educdfoDal prwiM.
PrIAc1￿1 Aethity
The S¢hooS'$ Fin¢iplll xtivlty ¢￿ti￿V¢s w be the FYovuN)D of • D•y s¢1￿1 for ￿￿{15 3
to 18.

ROUCKMONf ￿HOoL TRu8r IiMrTXD
GOVERNOIIS. RKPORT(eMd4ueO)
FOR THE YEAREIYDED31 AUG￿1012
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 our*bJd¢rt8 w¢re succ¢g8fv1
62% achlévrAI A•IA ￿ (n*ional 25%) and 39% xbleved A• (nation￿ l(64) BEST EVBRII 95% of
118 xhievrd A minimum of SA• . C ￿. J￿h￿l￿6 En8ltsb and Mth IN￿lOn01 $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 si￿1r￿￿t fty mk Mw¢m￿L ThBriskJ raD8•
eXp¢d1th￿). Th? level and bre&dth of at tho S¢lwol b thfj a5￿11￿d with 411

ROL4GEMOr￿ SCHOOL TRUST LIMfTKD
GOVERliORS' RKPORT {wDlluI￿fJ
FOR THE YEAR KNDED 31 AUGUST 21121
Prthclpjt Rlth (eollthiu￿)
DetaÉled cooslder&tloD ofrbk is delewd w the Setslor.YwllEeDT Te￿IL 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¢$1￿ •A ewtruis used b)'the rrthogl to
millin￿ rlsk in¢lude:
Strate8ie developmeDt p]orfftlD&. revievyd aDnuall)'bv the SenIorMwe￿ T
Compreh¢nsive budgeth?8 attd *c£oulliry8:
Est&llsbed ¢)rBaniwioDal mvetLr¢s and lllies ofTe
Fornial WTitten polldes thcludtD8 clev aDd appro￿ knvb:
rtjkn for the school.
EL￿￿YclAL REVIZW
Income for the y¢llr tLolled £7,982.894 (2021: £&691,141) rd expeth amou￿ to £7239,013 (2021..
£6251.027) resultiDg ID a wrplu& of £743,881 (202tr. £440.1141
Th15 1$ 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 ￿¢0￿2$¢ 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 Sch￿1 w'ere
£]6.749.847. Th¢ *hool Cmntly bas tto frEe re%ms a> au qre r￿Tes¢ll￿1 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¢% arequir￿t0 dern(wtrate that￿bIle 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 Li￿IrrED
GOVEIL¥ORS' REPORT (¢onttDll¢
FOR THE YKAR KNDKD 31 AL'G￿,￿ 2Q23
RoUCEMOI￿ SCHOOL AND COKNIUNrrY (PiiBLIC BF24nFID (C￿11••￿)
C￿rItObIl
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 thro￿￿0￿ the >'e8r. Cbariiios wlllic& these
4ctivltS¢5 SUPPOrt usujuy seleaed on the wJDds that thN' ￿mpleD￿nt 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 appreci*i(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 a￿1ville$ w*r¢ ¢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 AP￿81
Save the CbildreD
S¢ David'j Hospk•
527
735
io

COVERNOIISI REP0RT(eDDthI￿j
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
GOVE￿￿oRs￿ REPORT {tontlnutd)
FOR yEARE1)l)￿ 31 AUGUST 21a2
Tho Gov¢rnor5 (who we dso dire￿ olRou8tmon* School rtt￿l ￿lled fw the pwp)ses of ¢ompD%' illu)
responsibk fw pre￿iDE 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¢$our¢es, incl* the cojne aJd &wdir￿, of the cbsritAb£ uJDw>' for wiod ltt prepm8 thEse
nanctsl Btstety¢nf4 the tryste•s ue Tequiredw:
5¢lect sultyble ¥cowLttrq poli¢iu 4Ddthett appl} them consix¢ndy•
ObseTrr the D￿hod3 tyd PTbJdples la the Cfftwhies SORP:
Stste wb¢th¢r Applicabk UK A¢cwttJD8 knve beo foll{n￿d sllbj￿ ¢0
dep￿ 1th5ckwd exp]Jin¢d ltt ib¢ tknft¢I￿
th¢ ¢hhritable compaffi.. ￿411 in bwinBJ3
The Gov¢rnorJ re&poMlble for kttping propw reco￿$ 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•Wn￿le Steps fty the &•te¢tkn of frn*J 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'Sll￿illtsTC LLP •$ #￿t￿r5 for th en5UiDg bv t¢wId￿ at the Alln￿1
()ttserh1.￿eeMll8 in Word￿re 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 si￿4 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 iT*tht of th¢ ￿ollp in aceordw
wttb ethi¢d rrqw1re￿ that •z• r¢lev8ttt to i￿111 of Iho f￿￿cial *t¢ments in the UK Inch￿1Th8 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.
Llf*ttery on whltk wt •r¢ r*qulrod 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
RUpon￿bu1tle• oftruKea for th• IlnaotlAI ytst¢meots
A3 cxptained MOR fvIFs' In the Gotrernors, ￿spons￿lI111CS on p4e 10 the C￿￿rnor$(MthO •Te also the
dttector8 ofthe w •nd wpnt cbrltyb* ¢omF4Q)' for thc pwpoxs of ¢thtwh., IIK) r¢5ponst•lr for the
prep8rntion of the fi4an¢itl 5trtemEnts atsd for MdJfi¢d thllE iiY¢ 8 true ond ￿tr vithh. for 5u¢h
llltsMLI c£mtrol ￿ tht GoY¢moTS de*rnth is #¢ce59Ar4 to enthk the Pre￿￿￿00 of ffttth¢tsl jWn￿￿5 thar
IL prepoth8 the fI￿da1 5tathmry the Governrys ￿ tryon51￿1• the Broup s pfft
charitable ¢ompthy'5 ablliTh' w confinut u a 80th8 ¢onc¢rn, dtscloth& •5 applicable, rarn related to goin8
8nd usin8 the 80kn8 ¢otK¢rn of unless the Governors either itiT¢ttd w liquido* thè
Audltor'i respo1￿1b{11t1e8 for ¢&¢ #udh olthe IlllADtW
obj¢div¢s to obtBlo re1x1￿ble Usur￿¢¢ abow wthether thp stor¢m￿ u a whole ote
frpm mawial Jnlsswemen4 MILpther due to fraud ￿ error, to all &wlltor'$ repon that I￿lUd¢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%. cO￿d reaxrwbly be
ewt¢d w laflueD¢e the econotJi¢ deelslons of us¢ts tsk¢D OJ the of ￿5¢ fin￿￿111 st4ternenu.
Irre8ulwiti¢8 includin8 frnu4 are Jn5Thtsces of nwllw￿c Fith lav& wjd ￿g￿l&ll￿ We desi8D pmcedwes
detailed below..
operate& ideniifjed thAt the risks of with 4Dd reguiaEILmts rel￿d t
wFJth n(￿-¢l￿npI1￿n¢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
ofp*rt 16 of th¢ CompADieJ kn 21XI& C*r audi¢ bts undth w thot ￿ JrLi8ht &tAt¢ lo the pmt
#ber pllp)s•. To the fullest extrnt by law. we do oramume r¥4m￿￿1bJllty 10 4DyOrte othor
RidwdW¢aver (￿lor Statuw A￿ltr¥)
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
On￿rPO￿t￿l 14com¢ * Exwdlthre AetO44t)
Gt•¢rnl De51￿￿ted
F￿d5
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
Tr￿1￿& Hrtii*les
47J44
47J14
10,046
Ch&rtt*bl¢ 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 Is￿65,152
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 st￿emeM 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 acOMp￿abI
16

ROUCRMoNf KllOOL TRUSTUMrrKD
CoThwymThbpr. (J1171810
AS AT 31 AuG￿8T 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
Gon￿￿1 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.￿)5￿66
1&723,193
14fM)5.852
20 lalluary 2023
2022
17

ROuGEmOI￿ SCHOOL TRU8f LIMrr£D
COI%SOLIDATED STATEME￿1 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
a￿lY1￿
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)
C￿h Inlk*y 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 r*portlng
1345JTI
IJNJ,8Q4
C*Jh and •t tbe •lld of the
r¢portth¥ ptrlod
1787JlJ
2.345.371

FOR YEARXNDED 31 AUGi1ST2￿2
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 rep8t￿l chvhy in Wths attd 8 company IAmit&
by It was 29th I￿y 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 Ilye￿I 0￿Y that
to ¢Al¢ul4ts deprecizb(x4 thst chry k •djutt•dr*(rye<W. ￿•d are
19

ROLGEMoNf SCHOOL TRUST li￿lfIED
OTES TO THE STATEhlENfs (eoBthiu*D
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￿ 4*ci15c 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 b￿lj 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
lO￿ted tLI the wyoprith he￿ingS ￿ley￿1 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 d￿lOp￿￿ ¢xternni aud1¥ legal othqce ￿ all the of C*xnph￿ll8 NIth
¢onJtituti¢)nal Und 51Jttrtor)' r¢qthments. Ch8riEable exp¢ndIti￿e the costs of nmnlng th0
School including 8olarxs, ¢atrriD& pTrmi5ts tlld n"elfut Cosu of rnisln8 fft￿d5 mclude oon.
•ncUltyn' trndlli& tIMuetrÈ& trAvestr￿ m•n88ement and nd deirloprn¢ot costs.
1.4 T10￿￿le Flxtd Autts DepYod*tlo
All fixed 455Qts 4T¢ iniiinU> Tecorthd Et ¢OSL Re%?lu￿1o￿ of wers: Lnder th¢ previous GAAP.
the ¢hatitJble ¢ompan> a poli￿ of moluiu8 its md LI￿ld1￿. 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¢prtei*tlo
c<otLOtntc live5 at tho folloMIDgratrs:
F￿¢holdbllIldin￿s
SFwts fa¢llitie6
V¢bicks

RoUG￿01￿￿￿00L TRi[￿ IAMtTXD
FOR THE YEARENDED 31 AUGiJFf2012
ir fair wllle. The c•pitai el¢uwt of thB is tre*ed u a Jiability and int￿¢ '
IJ Operndnl #gr•¢wts
Ll• Fl••fj¢tsl IN•trlluents
eqUiv￿e￿ts il d¢fJnal 09 all held in tiiltant ace•unts aDd u*d 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 A￿1¥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 Pen￿0￿ 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 1￿MIlli¢S oll A COD5i5teni
and reu0n￿k ba815. As rtqulred bi, FRS 102. the School A¢¢ouDts ftt the ￿￿emE 15 if it
wer¢ N detlned Courn￿￿tIon 6¢heme. The S¢bool's ¢ontrihai￿ vhicb ve in ￿￿or￿¢¢ the
r1commeDdE￿onj 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 P*aD and are cbW to exF¢tyJkn M'hrn th•,
&+hort tsrrA b￿•t
Short term benefits. Induth8 hollthy pA%. ￿ recosDi¥¢d 81 IA the P￿knd In *tiiah th¢
1$ rnceive
Employee t•ruthiioD b¢llefits
1.12 Bumry fuDd
onsoitt8 ftt incom¢.
1.13 VAT Rrytsir*thMt
Al of I" FeLruri 2019 Grw li no I￿gerr¢wEd￿VAT.

RoV￿MONr 8CHOOL TRusr IiMrrKD
FOR IHK YEAKXNDED31 AUGU￿2￿21
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 P￿719)
Srhoknthip £229Nt2 105 (￿1. 1201759 ty 75 Pj￿ts)
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 (eoAd*wed)
FOR THE YEAR ENDED 31 AUGu%f2022
2022
Baok iDwe5r re¢dvabk
310
41
costs ¢wprhed:
a8e6 and s81￿1¢8
4,131.841
421 JIS
721107
3.731845
360.6L
664J39
524
p￿510n Contr￿￿10D1
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￿..
Te￿h1O¥ 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, remutirr8￿n.
. wdit of fin￿141 ststemellts (¢Ach￿iD8 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

ROuGiM￿￿HO0L 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 Al￿2022
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
Sd￿￿1 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 3346,6￿1
AdviD¢od fee pa>thents:
PaTent5 entsr a rcntrart to pa). w the thl up ￿ the ¢qu1%71ent of flye )Y￿s, 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 d￿￿10￿ 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 I￿1 H811 Ow￿1 djtsd 28 Au8UJt 2￿ valuul
18th A￿il 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¢
di￿1<>￿¢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 p￿7￿¢￿ 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)
RmIuA￿0ll 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 B*1￿￿*t
2021
7,gA896 Cl.191￿9)
(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 l*uM'
CROUP AND COKPANY I S•pt*mb
& 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
DMlp*tsd 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¢ Go￿rty￿s are not imToITtsJ ID mAkiDg prr*e50eg Tel￿￿8 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 illne￿tim¢. No GornLfJ wezt rETrnb￿ thvel ¢05rJ in )rr £Nii (2021: &il).
BS Gre¢ll Assod*te$ 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 dirth*r of RS Greqh
No amourtu o¥r8tyttditL8* ￿ erd[2021..
Duvld M¢clellth￿ knvoS¢ed eosts of£9.78012021: £2￿￿>>tO th¢ 5dK￿l 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 r￿tlY*ble
on
(310)
127.857
(41)
904.365
567,930
Ebfft ott dIspo￿l 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 Auv￿1
21ll2
2J4JJ77
1787.985
2J45J77
442,fAJ8
1787,985
32

FOR ThE YEAREIYDXD 31 AUGusf2•22
2￿ IWINC Su￿DIARy
2020, all pvfits arn tts the sdm￿L 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•nic5p*4 ill th• Twlm, PoKo>on (Engknd (Ihe Trsry f(* Its
(2021.. £612,679) ￿ q¢ the Ye￿￿r*I knil (￿21 . £NID was iti r¢ipX of Contr￿(￿ to thkn
P¢DgiODJ RegulatiOM 2010 (u aD￿nded) 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 Septom￿r 2019.
Emplo>Yrn r¢qllU￿J a sc1w￿ adMI￿on Icvy of 0.08% giiing a tothl employ
33

ROUGEMONf SCHOOL TRusf L]￿ED
FOR TIIK YXAR ENDU) 31 A￿GL,￿ 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 ￿3ve￿ing the Court's decision •lld hA5 said it Nill
en8A8t fvlly w'ith th• En￿10>￿ent ThTr*tsttfi] ts w'ell ¥ ¢mpi￿tr tyj repre*￿V¢S ty •8ree
how th¢ diS¢riMi￿o￿s M'ill be Mis 14ullcl*d 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
unfor￿etts 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 ann0￿C¢d N pwJs¢ to th¢ up
mec&Ani8m follomthg the Court of Ap￿.3 njltiis in the Mcclo￿l.5￿￿t we 4Dd ￿￿11 ther• IB
¢¢rtairtN about the vaEu¢ of penjions w Employrts Awil 2015 LMJii*ds. 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 imp￿1 or ￿ra1¢ cbrn8¢5 to the r9*5 of the TPS. Actordlo8b', no for
N¢ryJ.Teo¢hin8 re offtred membershTP of SeLttisb M"idow4 a dellned ¢(￿trIbu￿Oll ￿h¢m¢ (Group
P¢TSonLI Penslon Plan). to w'hlch the thl ¢LMmlxtte6 60A. The ¢ontrIbu￿d 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 co￿￿￿1￿s
There m no wiltal at31 AW 2022 or 31 2021.