DOCSLIB.ORG

Annual Report and Consolidated Financial Statements

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report and Consolidated Financial Statements ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 July 2020 CHELTENHAM LADIES’ COLLEGE Annual Report and Financial Statements Year ended 31 July 2020 CONTENTS Message from the Chair of Council .................................................................................................................... 3 Report of the Council for the year ended 31 July 2020 ...................................................................................... 4 Objectives ......................................................................................................................................................... 10 Medium term aims ............................................................................................................................................ 11 Report on objectives to date ............................................................................................................................. 13 Overview of 2019/20 ......................................................................................................................................... 16 Financial Review ............................................................................................................................................... 19 Statement of Council’s Responsibilities ............................................................................................................ 22 Independent Auditor’s Report to The Council Members of the Cheltenham Ladies’ College .......................... 23 Consolidated Statement of Financial Activities for the year ended 31 July 2020............................................. 26 Balance Sheets as at 31 July 2020 .................................................................................................................. 27 Consolidated Cash Flow Statement for the year ended 31 July 2020 ............................................................. 28 Notes to the Financial Statements .................................................................................................................... 29 2 CHELTENHAM LADIES’ COLLEGE Annual Report and Financial Statements Year ended 31 July 2020 MESSAGE FROM THE CHAIR OF COUNCIL I write as we enter a second period of lockdown in England, although this time schools are allowed to remain open. It has certainly been a period of considerable challenge for all of us and I would like to commend the Principal and her team for their leadership through this difficult time. After ensuring that all the girls reached home safely, before the end of term in March, College set about creating a remote learning portal so that teaching, pastoral care, health and fitness activities, exam preparation, and even musical tuition and networking events could continue. The old adage, ‘necessity is the mother of invention’ was never more aptly applied to the comprehensive curriculum that was available for pupils online. And I certainly had not imagined that I would be carrying out my final responsibilities as Chair of Council ‘remotely’, including my last Speech Day speech, filmed from the stage of an eerily empty Princess Hall for College’s first ever ‘Virtual Speech Day’. College contributed to both local and national efforts during lockdown in support of our communities and the NHS. Surplus food and supplies were distributed to food banks and care homes, and PPE equipment was manufactured in the EET department for care homes, doctors’ surgeries and our local NHS Trust. Additionally, many pupils carried on with community service in a variety of ways, from teaching local children singing, volunteering in food banks and community centres to making scrubs and masks. Many plans, events and activities were postponed or cancelled and this included public exams. The national crisis that engulfed the grading criteria for these is well known, but I would like to pay tribute to the students who were affected by this and to the academic staff who supported them throughout this period. The 2020 leaving cohort showed particular maturity and resilience during this turbulent time, which bodes well for their ability to meet the inevitable challenges they will face throughout their lives and I congratulate them on their success. The impact of Covid-19 on the boarding sector in the UK as a whole has caused us to consider carefully the implications for College in the years to come. Planned major capital expenditure has been paused and priorities adjusted to protect the finances of College and to ensure we are well placed to withstand the wider economic impact of the pandemic. The last few months have presented College with both challenges and opportunities and these will clearly continue for many weeks to come. Council, the Principal and her leadership team have been in regular contact throughout, ensuring that we continue to focus on the immediate operational challenges whilst ensuring that College emerges from the current pandemic in a strong and resilient position. As I reflect on my nine years on Council, six of them as chair, I am proud of the progress that has been made in so many areas of College life. This is a team activity and so I would like to extend my personal thanks to all members of Council for their hard work and support. It has been a pleasure to work closely with the Principal and with so many in College and, despite the immediate challenges of the last six months and those which are still on the horizon, to leave College in such good heart. I wish College, and the Principal and my successor Nick Baird in particular, every success in the future – I know College is in good hands. Libby Bassett Chair of Council 3 CHELTENHAM LADIES’ COLLEGE Annual Report and Financial Statements Year ended 31 July 2020 REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 JULY 2020 REFERENCE AND ADMINISTRATIVE INFORMATION Cheltenham Ladies’ College (“College”) operates under the terms of a Royal Charter granted in 1935, and Supplemental Charters granted in 1955 and in 1991 and further amendments passed and granted by an Order from the Privy Council in 2015. College is registered with the Charity Commission under charity registration number 311722. Principal Address: Bayshill Road Cheltenham Gloucestershire GL50 3EP www.cheltladiescollege.org STRUCTURE, GOVERNANCE AND LEADERSHIP The Royal Charter limits the size of Council to a maximum of 15 Elected Members and three Nominated Members. Council meets at least once a term, with an additional annual meeting to review strategy. Council Members are appointed by the Members of College at the AGM. They serve for a three-year period and may be re-elected for two further three-year periods. Upon their appointment, Council Members are given an induction to their role and responsibilities as trustees of College. They meet with senior employees of College and receive access to a detailed handbook online explaining the workings of Council and College. Council has a number of committees, which operate under their own terms of reference and delegated powers, to consider specific areas of College’s operations. These are Finance and Executive, Audit and Risk, Land and Buildings, Education and Nominations Committees. Council also has an Investment Sub-Committee and a Principal’s Remuneration Committee, both being Sub-Committees of the Finance and Executive Committee. As part of a continuous process, the Nominations Committee reviews the skills of Council Members and any gaps are addressed by Nominations appointing new members to join Council, co-opting members with specific skills to Council committees and through relevant training to ensure appropriate expertise is present. The pay and remuneration of key management personnel is discussed and set by the Finance and Executive Committee on an annual basis using benchmark data. CHARITY GOVERNANCE CODE The Charity Governance Code, published in 2017, sets out the principles and recommended good practice within the sector. During the year, Council reviewed its current governance arrangements using the Charity Governance Code diagnostic tool for large charities. While College fully supports the principles and already follows many aspects of best practice, a few improvements have been identified and these will be implemented in due course. The immediate focus is on two sections of the code: Diversity and Board Effectiveness. Like many charities, College recognises the need to continue to consider issues of diversity more explicitly in its future recruitment processes for Council members. Council has undertaken regular self-evaluation reviews in the past but will introduce a more structured approach going forward and will commission an external review of Council activities and effectiveness as soon as current circumstances allow. 4 CHELTENHAM LADIES’ COLLEGE Annual Report and Financial Statements Year ended 31 July 2020 MEMBERS OF COUNCIL AND CHARITY TRUSTEES Members of Council as at 31 July 2020 (showing changes during the financial year and up to the date of signing): Elected Members Ms E Bassett MA ACA (Chair) Mrs M Webster BSc (Hons) (Vice Chair) Mr N Baird MA CMG CVO (appointed 28.02.20) Mr J Briant BSc (Hons) ACA Mr S Davies BSc (Hons) ACA (appointed 28.02.20) Mr R Denny LLB Mr G Evans MA Mr R Leechman BA Mr D Pittaway QC MA FCIArb Ms S Putt MA Mr K Senior LLB FCA Mrs L Terry MA Mrs S Thompson MA MA MBA Dr V Udale MA Mrs D Williams MA FCA Nominated Members Incorporated Guild of Cheltenham Ladies’ College: Mrs K Robyns LLB Academic Staff of College: Mrs M Henderson
Load more

Recommended publications
  • Preparatory School Handbook for Parents September 2020
    Preparatory School Handbook for Parents September 2020 Ages 7 - 13 years PREPARATORY SCHOOL WELCOME : WELCOME Welcome to the Dean Close Preparatory School Handbook for Parents and Guardians. The purpose of this Handbook is, above all else, to be a help to you as parents as your child embarks on their time at Dean Close Preparatory School. We count it as a wonderful privilege to be involved in the formation of young lives. The relationship which we cultivate with you is at the heart of our success and we look forward to working in close partnership with you. The Handbook does not set out to replace, but rather complement, the important personal communication which will continue throughout your child’s time with us. We hope it will come to be an important source of information. We have done all we can to make sure that most questions about policies, academic structure and our pastoral system are answered within these pages, along with the more important day to day information such as dress codes, timetables and contact details. Paddy Moss ~ Headmaster FOR PARENTS 2020 HANDBOOK PREPARTORY SCHOOL CONTENTS : CONTENTS Page Page Page CONTACTING THE SCHOOL 3 CHORISTERS 13 COMMUNICATION AND PARENTAL LINKS 25 The Office 3 The Staff 13 The Staff 3 Contact Details 13 The Welcome Pack 25 The Houses 3 School Uniform 13 Publications 25 Day Houses 3 Choristers’ Daily Schedule 13 The Weekly Bulletin 25 Boarding Houses 3 Hermes 25 Other Useful Numbers SPEECH AND DRAMA 14 E-News 25 and Email Addresses 4 The Young Decanian 25 Website/Extranet 4 Drama 14 Contacting
    [Show full text]
  • Balcarras Sixth Form 2021
    Balcarras Sixth Form 2021 Teddy Holbrook Aiden Cheal (Year 11 Balcarras) (Year 11 Winchcombe) AS: AABB AS: BCCC Plans: to study Geography Plans: to study Architecture with Environmental Throughout my time at Balcarras I have always felt comfortable, Engineering informed and understood. For me, such support is essential Joining Balcarras 6th Form from Winchcombe School was quite daunting to progressing in my academic work, and the sixth form team with new subjects, new teachers and new classmates, but the school and my teachers have always created a fantastic learning was really welcoming right from the start. The school offers a wide range environment which has helped me to work to the best of my of extra-curricular activities which allowed new students, like me, to abilities. I was also attracted by the opportunity of studying 4 interact with those who had been at the school from Year 11. The music subjects in Year 12, and continuing with geography, economics department played a key role in this as many students, myself included, and English Literature in Year 13. The change from Year 12 to Year were encouraged to perform and work with students already at the school 13 gave me more time to discover my interests and a broader in many events such as the House Music and the production of “We Will range of knowledge to use in further education. Additionally, Rock You”. The early events in the year helped to break the ice as many the completion of an extended project qualification has helped of us found ourselves comfortably settled in within the first few weeks.
    [Show full text]
  • End of Term Mailing Lent Term 2019
    END OF TERM MAILING LENT TERM 2019 HEADMISTRESS: DR CAROLYN SHELLEY B.ED (HONS) PHD DIRECT LINE: 01242 258079 EMAIL: [email protected] 29th March 2019 Dear Parents, The last two weeks of this term have been very busy across the school, including, as you know, welcoming inspectors to the school to see all the wonderful work we do, including some of our WOW days. The children enjoyed showing their work and were a great credit to the school. Thank you for taking part in the parental survey and feeding into the process - the report is now being finished and we look forward to sharing the results with you in about seven weeks time. In the second half of term, we have held some exciting WOW days linked with topic work, both further afield and at school; Year Two had a fantastic Space Day at school, dressing in amazing costumes and learning many new facts, and Year One had a fantastic visit to ThinkTank Birmingham, linking with their Science topics and returning home full of information about Forces, the Body, and fossils and skeletons! Reception invited other year groups to join them in their Space Day when they investigated constellations and the planets in the ‘Wonderdome’ an amazing planetarium in our Pre-Prep hall. The children were fascinated and they then went on to find out more planet facts and to create their own constellations in the classrooms. Lastly, we all celebrated World Book Day with a focus on poetry this year; we had fun sharing our favourite poems or rhyming stories, reading with buddies, carrying out a rhyming quiz around the school and, of course, becoming poets ourselves.
    [Show full text]
  • Strategic Review of Secondary Education Planning for Cheltenham
    Strategic review of Secondary Education Planning for Cheltenham January 2017 1 Contents Executive Summary ............................................................................................................................. 2 Introduction ........................................................................................................................................ 3 Supporting data .................................................................................................................................. 3 Current number on roll ....................................................................................................................... 3 Pupil forecasts 2015/16 ...................................................................................................................... 4 Planned local housing developments ................................................................................................. 4 Strategic Housing ................................................................................................................................ 5 Recommendation, Land and Footnotes....………………………………………………………………………………………6 Executive Summary There has been pressure on local primary school places in Cheltenham since 2011. This is the result of a change in the birth rate locally and natural changing demographics, coupled with some local housing growth. This growth has been significant and resulted in the need to provide additional temporary and permanent school places at existing primary schools.
    [Show full text]
  • Secondary School and Academy Admissions
    Secondary School and Academy Admissions INFORMATION BOOKLET 2021/2022 For children born between 1st September 2009 and 31st August 2010 Page 1 Schools Information Admission number and previous applications This is the total number of pupils that the school can admit into Year 7. We have also included the total number of pupils in the school so you can gauge its size. You’ll see how oversubscribed a school is by how many parents had named a school as one of their five preferences on their application form and how many of these had placed it as their first preference. Catchment area Some comprehensive schools have a catchment area consisting of parishes, district or county boundaries. Some schools will give priority for admission to those children living within their catchment area. If you live in Gloucestershire and are over 3 miles from your child’s catchment school they may be entitled to school transport provided by the Local Authority. Oversubscription criteria If a school receives more preferences than places available, the admission authority will place all children in the order in which they could be considered for a place. This will strictly follow the priority order of their oversubscription criteria. Please follow the below link to find the statistics for how many pupils were allocated under the admissions criteria for each school - https://www.gloucestershire.gov.uk/education-and-learning/school-admissions-scheme-criteria- and-protocol/allocation-day-statistics-for-gloucestershire-schools/. We can’t guarantee your child will be offered one of their preferred schools, but they will have a stronger chance if they meet higher priorities in the criteria.
    [Show full text]
  • Secondary Allocation Day 2021 V3.Xlsx
    Year 7 2021 intake allocation day statistics - Secondary allocation day 1st March 2021 Please note: *N/A - The distance factor is only applied when schools are oversubscribed, these schools were not oversubscribed and therefore distance was not a consideration of admission. **The distance provided is based on the allocation address as at allocation day. Where a school is not oversubscribed, the distance given may include details of places offered for pupils hoping to move. Large distances have been suppressed for data protection purposes, distances greater that 20 miles have been replaced with >20 to protect possible identification of individuals. Total Furthest Total Number of Published Number Last Total Number School allocated on distance Preferences Including School Name Admission allocated on Allocation Over Subscribed? of 1st DfE no. allocation allocated 1st, 2nd, 3rd, 4th and Number distance only Criterion Preferences day (miles) 5th+ Preferences 4032 Archway School 215 214 100 N/A 280 109 5408 Balcarras School 194 194 8 1.47 Distance Over Subscribed 602 204 4012 Barnwood Park School 180 180 107 0.97 Distance Over Subscribed 678 238 5418 Cheltenham Bournside School & Sixth Form Centre 300 300 97 N/A 620 225 5414 Chipping Campden School 225 225 46 5.62 Distance Over Subscribed 353 219 5412 Chosen Hill School 228 228 138 9.50 Distance Over Subscribed 737 115 5420 Cirencester Deer Park School 209 209 96 10.67 Distance Over Subscribed 576 182 5419 Cirencester Kingshill School 196 196 64 N/A 303 166 4024 Cleeve School 310 310 94 N/A
    [Show full text]
  • Gloucestershire School Aged Immunisation Pathways for the 2020/21 Academic Year
    Gloucestershire School Aged Immunisation Pathways for the 2020/21 academic year Introduction This information aims to support local practices in understanding the school aged immunisations programme for the 2020/21 academic year, including any changes to the schedule. We hope you find this information useful and clear: if you have any comments, suggestions or queries please contact the South West Screening and Immunisations Team on [email protected]. COVID-19 Due to the impact of COVID-19 and school closures in the first half of 2020, the school aged immunisation provider will be offering catch-up doses of Meningitis ACWY, Td/IPV and HPV during the 2020/21 academic year to those cohorts that missed their scheduled doses in the 2019/20 academic year – see below for further details. Overview of school aged immunisations From September 2020, the following immunisations will be delivered by the school aged immunisation provider: • Influenza: Reception to year 7 in mainstream schools, and reception to 18 years old in special schools • HPV dose 1: Year 8 girls and boys (and catch-up doses to girls and boys who missed a dose in 2019/20 and are now in year 9) • HPV dose 2: Year 9 girls and boys (and catch-up doses to girls only who missed a dose in 2019/20 and are now in year 10) • Men ACWY: Year 9 (and catch-up doses to girls and boys who missed a dose in 2019/20 and are now in year 10) • Td/IPV: Year 9 (and catch-up doses to girls and boys who missed a dose in 2019/20 and are now in year 10) Page 1 Gloucestershire School Aged Immunisation Pathways for the 2020/21 academic year In Gloucestershire the school aged immunisation provider will continue to follow up all secondary aged children who have missed any vaccinations at school until they leave in Year 11.
    [Show full text]
  • Annual Review 2016-2017
    Annual Review 2016-2017 - Learning that works Contents 1.0 Introduction ........................................................................................................................................................ 3 2.0 Our Provision: Learning that Works ................................................................................................................. 4 3.0 Investing to Meet the Needs of the County...................................................................................................... 6 4.0 Transforming Lives - Student Success ............................................................................................................ 9 5.0 Supporting Business........................................................................................................................................... 10 5.1 Superdry: Redefining apprenticeships ............................................................................................................. 12 6.0 Supporting our Community .................................................................................................................................... 14 7.0 Working in Partnership ........................................................................................................................................... 16 8.0 Staff Equipped to Support Success.................................................................................................................. 18 9.0 Governance.........................................................................................................................................................
    [Show full text]
  • Cheltenham Children's Needs Assessment 2018
    Cheltenham Children’s Needs Assessment 2018 Data & Analysis Team Gloucestershire County Council [email protected] 2 Contents 1. Introduction ................................................................................................................................ 4 2. Overall picture............................................................................................................................. 4 3. Demographics and deprivation ................................................................................................... 4 Population ....................................................................................................................................... 4 Poverty and deprivation ................................................................................................................. 5 House prices and affordability ...................................................................................................... 10 Ethnicity ........................................................................................................................................ 13 4. Educational achievement .......................................................................................................... 22 End of EYFS .................................................................................................................................... 24 KS2 ................................................................................................................................................
    [Show full text]
  • 241 Cirencester Road Charlton Kings W Cheltenham W Gloucestershire W Gl53 8Eb 241 Cirencester Road
    241 CIRENCESTER ROAD charlton kings w cheltenham w gloucestershire w gl53 8eb 241 CIRENCESTER ROAD charlton kings w cheltenham w gloucestershire w gl53 8eb A WONDERFUL RENOVATED AND EXTENDED PERIOD SEMI-DETACHED PROPERTY WITH A FABULOUS CONTEMPORARY EXTENSION WITH BIFOLD DOORS, IN THE BALCARRAS SCHOOL CATCHMENT AREA Entrance porch w entrance hall w sitting room w snug w study w utility room w cloakroom w open plan living/dining/kitchen w master bedroom with en suite shower room w three further double bedrooms w family bathroom Good sized rear garden with wide patio w 229 square foot outbuilding currently used as a summer house/ occasional guest accommodation and tool shed w gravelled parking to the front In addition, on the ground floor, are two further reception situation rooms, including a working fireplace, a study, a fitted utility / Charlton Kings is an incredibly sought-after residential district boot room, and a cloakroom. The recent downstairs side and located to the south of Cheltenham town centre, with excellent rear extension includes underfloor heating throughout. access to the town itself and local facilities. There are four double bedrooms, including a master bedroom 241 Cirencester Road is located on the edge of Charlton Kings with new en suite shower room, and a recently installed family but well within effective catchment for Balcarras School and a bathroom serving the remaining three bedrooms. short walk to Timbercombe Wood, Hotel Gym and Sainsbury’s Local. There is an unusually large and private garden to the rear, mostly laid to lawn but with a wide patio immediately Cheltenham is famed as one of the most complete Regency to the rear of the house.
    [Show full text]
  • NFL Leagues Poster FEB 2020
    PROPOSED SPRING/SUMMER 2020 REGISTRATIONS OPEN WED 5th FEBRUARY 2020 Day League Venue Region Division Teams Duration START DATE Format Match Times Cheltenham WEST Dean Close Cheltenham 3+ 6 21 weeks 16th March 2020 Ladies 6:30 7:10 7:50 Cheltenham WEST Leisure@ MAIN HALL/Pates Grammar MVL Cheltenham 5 6 21 weeks 16th March 2020 Ladies 6:40 8:10 8:50 Cheltenham WEST Pates Grammar School Cheltenham 2/3 TBC 8 22 weeks 16th March 2020 Ladies +1 Man *** 6:40 7:20 8:00 8:40 (9:20) Bentham BENTHAM - Netball Dome Cheltenham 1/2 TBC 6 22 weeks 16th March 2020 Ladies 7:20 8:00 8:40 9:20 Bentham BENTHAM - Netball Dome Cheltenham 3 8 22 weeks 16th March 2020 Ladies 7:20 8:00 8:40 9:20 Bentham BENTHAM - Football Dome Cheltenham 4 6 22 weeks 16th March 2020 Ladies 6:40 7:20 8:00 8:40 9:20 Cheltenham EAST CLC - Cheltenham Ladies College /Leisure@ MVL Cheltenham 4 6 21 weeks 9th March 2020 Ladies 6:40 7:20 8:00 8:40 9:20 Cheltenham EAST CLC - Cheltenham Ladies College /Leisure@ MVL Cheltenham 3 6 21 weeks 9th March 2020 Ladies 6:40 7:20 8:00 8:40 9:20 Winchcombe Winchcombe Sports Hall Cheltenham 5 6 21 weeks 2nd March 2020 Ladies 8:00 8:40 9:20 MONDAY Gloucester Sir Thomas Rich's School Gloucester 3+ 8 22 weeks 24th February 2020 Ladies 7:00 7:40 8:20 9:00 Gloucester Riverside Leisure Centre Gloucester 4+ 8 22 weeks 16th March 2020 Ladies 7:00 7:40 8:20 9:00 Stroud Stroud High School Stroud 3 10 22 weeks 24th February 2020 Ladies 7:00 7:40 8:20 9:00 Evesham De Montfort High School Evesham 3 8 22 weeks 23rd March 2020 Ladies 7:00 7:40 8:20 9:00 Cheltenham
    [Show full text]
  • Autumn 2016 Issue 14
    AUTUMN 2016 ISSUE 14 FROM THE EDITOR CONTENTS MESSAGE FROM THE CHAIRMANHAIRMAN Message from the Chairman 3 I have just spent a wonderful day in College with two Looking at the array of articles that we have this visitors from one of our sister schools – Diocesan Autumn, I am struck by the range of experience Message from the President 4 School for Girls in Auckland, New Zealand. The of Guild members. There are contributions from a Joan Sadler, Principal 1979–1987 6 school was founded in 1904 and the first headmistress World War II radio operator, a pilot, a volunteer in was a teacher from CLC called Miss Mary Pulling. In Sudan and numerous artists, to name but a few. talking to the current head on her visit, we imagined When I look at the subjects and activities which how significant travelling to the other side of the College girls are now offered, I see greater world would have been over a century ago in order to undertake such a role. As you will see in this edition opportunities than ever before and though of The Slab we have many pioneers in the art world there was naturally less choice in College during among our members, and I am grateful to them all for wartime, it remained an impressive school. It sharing their experiences with us. makes me realise how very fortunate we all are and We had another successful reunion in May when how proud Dorothea Beale would be. are making use of this facility; do let me know if there over 300 Guild and Honorary members of all ages are changes that you would like to see.
    [Show full text]