The full accounts of the school have become increasingly complex each year in order to comply with the ever increasing volume of accounting and regulatory disclosure requirements.
The simplified results below give a summary of the school’s financial position. They take in the whole of the school’s income and expenditure for the year ended August 2010 but excludes gains / losses on investments.
The school generates its income from three types of activity: operations, charitable investments and fundraising.
All income generated from these sources, after deduction of the associated expenses, is used to support the work of the school, including funding bursaries to maintain open access to the school.
Bursaries to the value of 8.4% of fee income were awarded to 137 pupils in the Senior School. The school continued its planned maintenance programme, and completed a number of projects out of the incoming resources to improve the buildings, and provide enhanced teaching facilities for all pupils.
Income 2009 / 2010
Total income: £13,200,000
Total expenditure 2009 / 2010
Total expenditure: £13,200,000
