Jordanhill School Annual Report and Financial Statement 2012

JORDANHILL SCHOOL 45 Chamberlain Road Jordanhill Glasgow Registered Number SC004463

Phone: 0141 576 2500 Fax: 0141 576 2555

Rector: Dr P Thomson Convener: Mrs R Winter-Scott Company Secretary: Ms H Galbraith

Web : www.jordanhill.glasgow.sch.uk

Annual Report 2012

Aims of the School

To identify and develop the talents of all pupils to the limits of their abilities by ensuring that, at every stage, an appropriate range of structured, properly developed, relevant learning experiences is available.
Jordanhill School seeks to enable pupils to enrich their lives by engaging in work and activities which will assist them to make sense of their society, to make more sophisticated appraisals of their own role in the world, and to cope with the demands and pressures which that world imposes.

The work of the school is assessed against these aims, the key quality indicators for schools identified by HMIe and the national outcomes established by the Scottish Government.

To influence the emotional development of all pupils by fostering an atmosphere of diligence, tolerance, cooperation and mutual respect at all levels within the School.

Contents
Conveners Report Rectors Report Standards and Quality Report Glossary of Terms Financial Statement Year Ended 31st March 2012 2 3 4-8 9

To encourage links between the School and the community at large local, national and international as part of a commitment to prepare pupils for the various roles which life and work in our society entail.

For further information on the schools improvement plans, policies and curricular information follow the Parents link on the web site.

To develop satisfactory communication between home and school to ensure that teachers and parents are working together for the welfare of pupils.

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Annual Report 2012

Conveners Report
This year has again seen the School and the Board facing a number of challenges. The pressure on the school budget has remained and whilst the Board has not had to implement difficult decisions, in terms of cutting service provision, on the scale faced in 2011, there is little flexibility left. Unless future years see the school receiving an increase in funding, to cover the incremental increases in staff costs, the Board will almost certainly need to revisit the level of service provision. Despite these financial pressures the Board has continued to oversee improvements to the school hall, funded out of existing capital expenditure allocations. Parents and pupils have already benefitted from the first stage of improvements including the balcony enabling more parents to attend events such as the excellent school concerts. This work is made even more important with impending closure of the Strathclyde University campus which will mean that the School will no longer have access to their hall from July 2012. The Rector and I have continued to seek assurances from Strathclyde University about the future of the playing fields. These playing fields are essential to sustain the balanced curriculum of the school and the wide range of extra-curricular activities which our children enjoy. This may well become an area where more parental involvement and support is needed if the school is unable to produce a satisfactory conclusion in the near future. In this my fourth year as Convener I have continued to try and ensure that all Board members feel able to contribute and to develop their understanding of their role and the complexities of the school to support effective decision-making. The role of a Non Executive Board member of the school is not an easy one. We have to provide strategic guidance and support to the schools Executive while recognising that they have to deal with the day-to day operational issues and that they will understand the educational issues in a way that we, as non educationalists, never will. We need to recognise how we can best support the Executive and to know when it is important to challenge. Parents should also understand that the Board does not engage in discussions about pupils or staff which might compromise their right to privacy. This is a challenging role and I would personally like to thank all the Board members and in particular the two officer bearers Robert Mellish, Deputy Convener and Gordon MacMillan, Treasurer for helping to ensure we maintain the right balance. As a board we have also tried to enhance communication with the other parents through the Your Board section of the school e-bulletins. The future for the school will continue to be challenging both in terms of the budget and the future of the playing fields. However I am confident that with a strong Board we can support the Rector and his staff to effectively manage these pressures. Good luck and health to all and I hope I will see you in 2012-13 and especially at the AGM which we have re-scheduled in the hope of encouraging more parents to attend.

Rosemary Winter-Scott
Convener Board of Managers

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Annual Report 2012

Rectors Report
Curriculum for Excellence has continued as the primary focus of the Schools work over the past year. The staff are to be commended for the diligence with which they have addressed the challenges of implementing new programmes of work and devising new assessment instruments, and the care and attention which has gone into planning and writing reports for parents. The School remains on track to implement CfE in line with the national timeline. However, the cumulative effects of budget restrictions imposed by the Scottish Government from 2008 to 2012 have had a significant impact on staffing levels and on teacher numbers in particular. Inevitably this has limited our capacity to offer personalisation and choice for pupils as envisaged within the CfE design principles. The Board had to take some difficult decisions in setting a budget for 2011-12 which would balance at year end and, even more importantly, provide a sound financial base for future years. The decisions taken a year ago have meant that the Board has been able to set a budget for 2012-13 which maintains current levels of activity with no further reduction in service provision in the coming session. In 2011-12 we have continued to develop our use of the web site and the subscription service as a channel of communication with the school community. This has been a two-way process with a number of useful ideas coming back to us from parents. The Board of Managers is keen to develop a wider understanding of its role amongst the parent body. Following every Board meeting parents now receive a Your Board update within an e-bulletin. This provides a more immediate and less formal insight than the formal minutes of meetings which are published on the web site. The future of the playing fields on the University of Strathclyde campus remains a key priority for the School. Following an extended hiatus, discussions about the future management of the pitches have recently recommenced. An immediate priority for the School is to ensure that a coherent plan is in place which will maintain the integrity of the campus from July 2012 onwards when the University vacates the site. We also wish to see the playing fields returned to more active use from August 2012 to meet demand from the School and the wider community. In moving the Annual General Meeting to September the Board hopes that more parents will attend. Jordanhill School is unique in the level of transparency in the way it operates and its accountability to parents. It is important that the wider parent body has an understanding of the implications of the budget, Curriculum for Excellence and the future of the playing fields. I do hope you will be able to attend. I should like to thank the Board and wider parent body for their support over the past year and all the staff of the school for their efforts and cooperation in managing our way through challenging times. Despite these challenges I believe that Jordanhill School continues to offer one of the best learning environments in the country.

Rector

If you would like to comment on any aspect of the Schools work please write to me or e-mail info@jordanhill.glasgow.sch.uk.

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Annual Report 2012

Standards and Quality Report

The format of this report reflects the National Outcomes set by the Scottish Government www.scotland.gov.uk/About/scotPerforms

National Outcome 4. Our young people are successful learners, confident individuals, effective contributors and responsible citizens. 5. Our children have the best start in life and are ready to succeed.

Curriculum for Excellence

The Schools strategy and policy in relation to CfE has been developed over a 5-year period and reflects the outcomes of a number of detailed studies Analysis of pupil progress and attainment from P6 through to S3 Mapping of the actual pathways of three cohorts of pupils through the senior phase and beyond school Curriculum and staffing plans for all possible models of the senior phase Due to our unique structure, pupils at Jordanhill enjoy a broad general education phase (BGE) over 4 years from P6 to S2. We do not see the dip in performance in upper Primary and lower Secondary reported nationally. Indeed the opposite is evident. The studies undertaken do not reveal any potential gains for our young people by extending the BGE to the end of S3 or by altering the number or level of subjects which pupils can access in S4 and beyond. The School has therefore adopted the policy set out in the Pathways from S2 leaflet which you can read on our CfE web page. Staff surveys of readiness to implement CfE indicate a high degree of comfort in implementing the Experiences and Outcomes (Es&Os) of CfE and in deploying a wide range of pedagogical practices. The embedding of the Es&Os has continued this session along with the further development of assessment and reporting regimes. The national picture continues to evolve. If, in particular, HE, colleges and employers start to reshape their expectations of school leavers, then we shall re-examine our structures to ensure that we continue to offer an experience that best meets the needs of our learners.

CfE Key Tasks

Assessment and Reporting Assessment profiles and report formats finalised In Focus leaflet published for parents Oral feedback very positive Detailed analysis of P2-S2 performance completed; used to review curriculum plans and expectations and to inform the Pathways from S2 leaflet for parents Progress tracking from P1 to S6 provides detailed profiles which permit systematic monitoring of individuals and year groups. The data informs SfL, class teacher and departmental interventions and the targeting of pupils who are underperforming.

Priorities for 2012-13

Audit of Health & Wellbeing Development of P7 and S3 profiles Development of S3 and S4 courses leading to National 4 and 5 in 2014 Engagement with SQA quality assurance programmes for National 4 and 5 Extending Baccalaureate programme to include Expressive Arts and Social Sciences

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Annual Report 2012

Supporting Young People

Over a sustained period the School Improvement Plan has focused on improving learners experiences and our capacity to meet their needs through systematic investment in staff training and development, reshaping the culture of the organisation and creating an environment supportive of the aims of CfE. The school is committed to providing all pupils with opportunities to develop the four capacities to a high level: outdoor and residential education; international trips; learning for life and work including community service; Scottish Baccalaureate and Leadership awards; music, arts and sports. Pupils are offered a very extensive range of opportunities. Curriculum structures from P6 to S4 are designed to ensure positive transitions and viable progression routes for learners in all areas in the senior phase and at the same time sustain minority needs. There is a particular focus on developing leadership and personal skills culminating in the Learning to Lead options in S5/S6. Pupils with additional support needs benefit from structured planning on an individual basis: Group, Personal and Additional Support Plans and care plans in the case of pupils with significant health issues. The work of the Joint Support Team provides a context to shape this support for individuals. Over the past year we have strengthened our partnership arrangements with Skills Development Scotland, Glasgow Regeneration Agency, Glasgow Vocational Training and the 16+ Learning Choices team to develop and offer a wider range of routes from school for young people.

National Outcomes 10. We live in well-designed, sustainable places where we are able to access the amenities and services we need. 14. We reduce the local and global environmental impact of our consumption and production.

Priorities for 2012-13

Review all aspects of universal and targeted support for learners against latest guidance. Further develop partnership arrangements with neighbouring schools and local agencies to support the senior phase. Expand the use of Read & Write Gold to enhance individualisation of support along with the use of tablets and virtual desktop solutions. Review year 1 of P7 profiles and MerIT in S1-S3.

The School has seen a doubling of expressions of interest for entry to S5/S6 in the last two sessions. In response our applications process has been streamlined and an open evening introduced. Despite the difficult economic environment, the School has been able to take forward its capital investment programme. Phase 1 of the Hall redevelopment project was completed on schedule with phase 2 following in the summer of 2012 as reported in the March 2012 edition of the Journal. A refurbishment of the infant department entrance and corridors was completed in April 2012. This continued the programme of door replacement and redecoration which sees the oak and glass theme of the south campus being replicated. This reflects the Schools wider policy of transparency in all aspects of its work. In promoting flexible learning, a suite of 40 ruggedised notebooks was purchased for use in P6 and P7. Consequently pupils in P3 to P5 will have greater access to the existing sets of radio laptops. Additional laptops have also been purchased to meet demand from Secondary departments in the south campus.

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Annual Report 2012

Achievement and Attainment

In 2011 attainment at Higher was much better than anticipated while performance in S4 dipped as expected. The cumulative attainment of pupils by the end of S6 continues at levels well above all comparators as the box plots below indicate. It is particularly pleasing to note the increasing levels of uptake and success at Advanced Higher since 2004. We will be able to offer an update on attainment in 2012 at the AGM in September. % attaining 5 or more Highers by end of S6 Dots represent Jordanhill School. Top of spike is next nearest school. Horizontal line in middle of box is average for our comparator schools. % attaining 1 or more Advanced Highers by end of S6

100 90 80 70 60 50 40 30 20 10 0

Jordanhill School Attainment Trends

5+ @ level 5 in S4 (Nat=35%) 3+ @ level 6 in S5 (Nat=24%) 1+ @ level 7 in S6 (Nat=11%) 5+ @ level 6 in S5 (Nat=11%)

% S4 Roll

Targets
5+ @ level 5 80% 3+ @ level 6 70%

Year

5+ @ level 6 40% These targets reflect aspirations over a 5 year period.

Level 5 equates to Standard Grade Credit level or Intermediate 2 Level 6 is Higher Grade Level 7 is Advanced Higher Graphs show 5-year rolling averages
Annual Report and Financial Statement 2012

The targets in any one year reflect the capabilities of the individual pupils. The school does not make comparisons between year groups.

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Annual Report 2012

Leaver Destinations 2011

% of School Leavers entering Full-time higher education Full-time further education Training Employment Other* Jordanhill School Scotland * Includes those on gap years. An extensive range of benchmark data about the schools performance can be found by clicking on the Schools Online Statistics link on the web site.

77 9 0 10 4

36 27 6 20 11

Service Quality
The School Improvement web page offers an overview of our rigorous planning and quality assurance procedures. The internal planning cycle is complemented by a series of internal and external benchmarking exercises. At school and departmental level the processes of planning, review, audit and classroom observation form a mutually supportive cycle underpinned by a focus on evidence of impact. A set of transparent mechanisms operate through the portal which allow colleagues to learn from each other. Throughout 2011-12 the School has undertaken a range of external reviews. A summary of the findings of the 4th Primary Parents Survey completed last session was published at the start of session. Jordanhill School remains the only school in Scotland to hold the prestigious ICT Mark following the review undertaken by NAACE in November 2011. A feature article on the schools work with ICT appeared in the Times Educational Supplement Scotland following this award. The school has now been invited to apply for the 3rd Millennium Learning Award which celebrates schools' achievements in creating an environment and curriculum that stimulate more and better learning, making full use of the opportunities presented by technology. Following our first Going Green week in June the School was awarded a second green flag in November. New infant and upper Primary play areas were installed as part of our eco/active school strategy.

National Outcome 15. Our public services are high quality, continually improving, efficient and responsive to local peoples needs.

School Audits

ICT Mark Eco School Award 5th Secondary Parents Survey 5th Staff Survey

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Annual Report 2012

Equality and Inclusion

Surveys of pupil and parental perceptions regularly confirm that our school has a climate of trust, respect and confidence. The Care, Welfare and Development needs of all pupils are managed by the Primary Management and Pastoral Care teams. All staff receive regular training and support. Primary managers and Pastoral Care colleagues are trained to deal with complex issues. Secondary Tutors are trained in Restorative Practice, Child Protection, Introduction to Counselling and all teach Personal Social and Health Education.

National Outcomes 11. We have strong, resilient and supportive communities where people take responsibility for their own actions and how they affect others. 13. We take pride in a strong, fair and inclusive national identity.

Care Welfare and Development

The following policy areas have been updated in 2011-12 Health & Wellbeing Praise and Reward Behaviour Management

Cyberbullying
The Pupil Council re-launched their cybersafety campaign Say It to My Face.com in February 2012 to coincide with the national Safer Internet Day. The pupils created an Internet Safety web page which offers parents access to advice on keeping children safe and other support targeted at both Primary and Secondary age pupils. Primary 7 created a film showcasing the animations and posters which they have produced to highlight this issue. You can view their work on our Internet Safety page. We would encourage all parents to view these materials and to talk to their children about treating others with respect and keeping themselves safe.

Cyberbullying
Managing Transitions We wish to ensure that pupils feel safe, secure, trusted and valued by the school. Frequent reviews of PSHE content and delivery modes ensures topicality and engagement.

Equality Schemes
A draft Single Equality Scheme for the school was approved by the Board for consultation in March 2012. This brings together the separate schemes for disability, gender and race which have existed hitherto. We would be pleased to receive any comments on the scheme, particularly Pages 6 and 7 which deal with the impact of the schools policies on pupils.

Senior staff will also be talking to groups of pupils, including the Pupil Councils, about the scheme and the survey of secondary parents (March 2012) will again analyse responses by gender and ethnicity.
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Annual Report 2012

Glossary of Terms
CfE AifL Cooperative Learning Critical Skills DDA EHRC EPM Es and Os HGIOS3 & 10 Dimensions HMIe ICT IiP PSHE QI SFR www.acurriculumforexcellencescotland.gov.uk Assessment is for Learning www.ltscotland.org.uk Approaches to learning & teaching focused on collaborative learning strategies More intensive approach to collaborative learning Disability Discrimination Act Equality and Human Rights Commission Education Perceptions Monitoring used to gather parent and staff perceptions

Experience and Outcomes for pupils that embody Curriculum for excellence How Good is our School 3 see www.hmie.gov.uk
Her Majestys Inspectorate of Education Information and Communications Technology Investors in People Personal Social and Health Education Quality Indicator as used by HMIe as an indicator of standards in schools Standard for Full Registration www.gtcs.org.uk

A wide range of information relating to the performance of the school can be found in the School Improvement area of the web site

http://www.jordanhill.glasgow.sch.uk/school/school-improvement

Annual Report and Financial Statement 2012

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Jordanhill School Annual report and financial statements for the year ended 31 March 2012

Registered Charity Number SC004463 Registered Company Number SC108265

Jordanhill School Annual report and financial statements for the year ended 31 March 2012 Contents
Managers and officers for the year ended 31 March 2012 ................................................................... 1 Report of the managers for the year ended 31 March 2012................................................................. 2 Independent auditors report to the members of Jordanhill School ..................................................... 5 Statement of financial activities incorporating Income and Expenditure Account for the year ended 31 March 2012........................................................................................................ 7 Balance sheet as at 31 March 2012 ..................................................................................................... 8 Cash flow statement for the year ended 31 March 2012 ...................................................................... 9 Accounting policies ............................................................................................................................. 10 Notes to the financial statements for the year ended 31 March 2012 ................................................ 11

Jordanhill School Limited Managers and officers for the year ended 31 March 2012
The managers who also act as trustees for charitable purposes, who held office during the year were:Managers: Parent: A Dick* (Resigned 7 June 2011) R Winter-Scott S Bird (Resigned 7 June 2011 D Lennon (Resigned 7 June 2011) P Beaumont* (Resigned 7 June 2011) R Mellish A Gillespie G Macmillan (Appointed 7 June 2011) J Oliver (Appointed 7 June 2011) F Wishlade (Appointed 7 June 2011) A Fraser (Appointed 7 June 2011) M Quinn J Anderson C Wood There are no co-opted members at present P Thomson, Rector* C Mason, City Councillor for Ward 12, Partick West

Staff:

Co-opted: Ex Officio:

* Also a trustee of Jordanhill School Educational Amenities Trust Bankers Bank of Scotland Independent auditors PricewaterhouseCoopers LLP Chartered Accountants 141 Bothwell Street G2 7EQ Company secretary and bursar H S Galbraith Registered office 45 Chamberlain Road Glasgow G13 1SP Company registration number SC108265 Charity number SC004463

Jordanhill School Limited Report of the managers for the year ended 31 March 2012
The managers have pleasure in submitting their report and financial statements of the company, Registered Charity Number SC004463 and Registered Company Number SC108625 for the year ended 31 March 2012. The managers confirm that these financial statements have been prepared in compliance with the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities issued in February 2005. The financial statements should be read in conjunction with the Annual Report. Objectives and activities The principal charitable activity is the provision of educational services. Grants have been received from The Scottish Government Education Department with regard to all normal operating costs. This funding will continue until 31 March 2013. A grant has been received during the year from the Scottish Arts Council towards sustaining the P6 targets, further developing overall music provision and providing equal opportunity of access. Structure, governance and management Jordanhill School is a company limited by guarantee and governed by its Memorandum and Articles of Association. It is registered as a charity with the Office of the Scottish Charity Regulator. The School was founded in 1920 and has a unique status, funded by a direct grant from the Scottish Government Education Department under the Jordanhill School Grant Regulations 1988. It is neither a local authority school nor a private independent school. No fees are paid and there is no academic selection of pupils. The companys affairs are administered by a board of managers. This consists of a maximum of seven elected parent members, three staff members nominated by the Staff Association, three coopted members and ex-officio, the Rector and the elected Glasgow City Councillor for the ward in which the School is included. Managers The managers in office during the year are shown on page 1 of these financial statements. In accordance with The Articles of Association, Mr Robert Mellish and Mrs Anne Gillespies first terms of office are complete and they will stand for re-election. C Mason will complete his term of office on the Board as his term of office as City Councillor for Ward 12, Partick West is now complete. Mr John Anderson will complete his terms of office with the Board. With the exception of the ex-officio members, managers serve a maximum of two terms of office. The managers have the right to co-opt managers. New managers are given induction training appropriate to their roles. Related parties The School regards the Jordanhill School Educational Amenities Trust as a related party. Tax status The company, which is a company limited by guarantee, enjoys charitable status for tax purposes and is therefore exempt from corporation tax.

Jordanhill School Limited Report of the managers for the year ended 31 March 2012 (contd)
Result and business review The results for the year are shown in the Statement of Financial Activities on page 7. The School is funded by The Scottish Government Education Department on a cash basis. The financial statements have been prepared on the accruals basis of accounting which includes expenses incurred but not yet paid for at the year end. Income from recurring grants decreased by 1.98% from 5,435,019 to 5,329,764. The School also received a special repair grant of 149,998 (2011: 200,000). Letting charges have decreased from 35,678 to 23,666. Income from letting is mainly from letting out the Games Hall at Anniesland Road to local clubs and organisations. The School Roll at 31 March 2012 was 462 primary and 594 secondary pupils. All teaching posts are currently filled. Other operating and governance costs have decreased by 171,599 during the year. This has resulted in an operating surplus of 15,401 (2011: 897). Taking into account the interest gained of 823 (2011: 622) gives a total Surplus for the year of 16,224 (2011: 1,519). Transfer to reserves The excess of incoming resources over outgoing resources of 16,224 (2010:1,519) will be added to reserves which now stand at 211,622 (2011: 195,400). Risk The managers review the Schools key risks annually as part of the strategic review and assess the key strategic, business and operational risks to which the School is exposed. Under the control of the Rector and Bursar, systems have been established to mitigate identified risks. Investment policy The managers adopt a low risk approach to investment. Surplus funds are available only for a short term in view of the timing of expenditure related to grant income and such cash is placed on short term deposit with the companys banker. No stocks or equities are held. Reserves policy The managers policy on restricted funds is to separately record all projects funded by grants and other sources of fundraising where restrictions are imposed that are narrower than the charitys overall objectives. All such incoming resources are normally utilised in the year for their intended purposes. The income and expenditure for any projects that receive restricted funding is included in the restricted fund. The managers do not have a policy of designating unrestricted funds for specific purposes.

Jordanhill School Limited Report of the managers for the year ended 31 March 2012 (contd)
Statement of trustees responsibilities in respect of the financial statements The managers are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations. Company law requires the managers to prepare financial statements for each financial year. Under that law the managers have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing those financial statements, the managers are required to: select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that; the company will continue in business, in which case there should be supporting assumptions or qualifications as necessary.

The managers confirm that they have complied with the above requirements in preparing the financial statements. The managers are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditors and disclosure of information to auditors Each manager, as at the date of this report, has confirmed that insofar as they are aware there is no relevant audit information (that is, information needed by the companys auditors in connection with preparing their report) of which the companys auditors are unaware, and they have taken all the steps that they ought to have taken as a manager in order to make themselves aware of any relevant audit information and to establish that the companys auditors are aware of that information. A resolution to reappoint PricewaterhouseCoopers LLP as auditors to the company will be proposed at the Annual General Meeting. By order of the Board

R Winter-Scott, Convenor 45 Chamberlain Road Glasgow G13 1SP 28 August 2012

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Jordanhill School Limited

INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF JORDANHILL SCHOOL

We have audited the financial statements of Jordanhill School for the year ended 31 March 2012 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Cash Flow Statement, the Accounting Policies and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Respective responsibilities of trustees and auditors As explained more fully in the Trustees Responsibilities Statement set out on page 4, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Boards Ethical Standards for Auditors. This report, including the opinions, has been prepared for and only for the charitys members as a body in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and for no other purpose. We do not, in giving these opinions, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing. Scope of the audit of the financial statements An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the charitable companys circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the trustees; and the overall presentation of the financial statements. In addition, we read all the financial and non-financial information in the managers report to identify material inconsistencies with the audited financial statements. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report.

Jordanhill School Limited

Opinion on financial statements In our opinion the financial statements: give a true and fair view of the state of the charitable companys affairs as at 31 March 2012 and of its incoming resourcing and application of resources, including its income and expenditure and cash flows, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006.

Opinion on other matter prescribed by the Companies Act 2006 In our opinion the information given in the Trustees Annual Report for the financial year for which the financial statements are prepared is consistent with the financial statements. Matters on which we are required to report by exception We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of trustees remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit. or

the trustees were not entitled to prepare the financial statements in accordance with the small companies regime

Lindsey Paterson (Senior Statutory Auditor) for and on behalf of PricewaterhouseCoopers LLP Chartered Accountants and Statutory Auditors Glasgow 28 August 2012

Jordanhill School Limited Statement of financial activities incorporating Income and Expenditure Account for the year ended 31 March 2012
Notes Incoming resources Incoming resources for charitable activities Scottish Government Recurring grant Youth Music Initiative Special repair grant Incoming resources for charitable purposes Refectory Income School letting charges Investment Income Total incoming resources Resources expended - charitable activities Charitable activities staff costs Wages and salaries Social security costs Other pension costs 3 9,615 9,615 3,793,664 226,404 491,374 4,511,442 3,803,279 226,404 491,374 4,521,057 3,783,362 256,658 503,225 4,543,245 11 Restricted 2012 Unrestricted 2012 Total 2012 Total 2011

9,615 149,998 159,613 159,613

5,329,764 5,329,764 196,779 23,666 823 5,551,032

5,329,764 9,615 149,998 5,489,377 196,779 23,666 823 5,710,646

5,435,019 12,820 200,000 5,647,838 205,588 35,678 622 5,889,727

Other operating costs Additional Staffing Costs Teaching Refectory Rates and property Recurring expenditure Special repair expenditure Governance costs

3 11

149,998 149,998

49,179 377,831 94,222 388,810 112,625 1,023,367

49,179 377,831 94,222 388,810 149,998 112,625 1,173,365

51,825 459,179 110,206 410,018 200,000 113,736 1,344,964

Total resources expended Net incoming/(outgoing) resources Net movement in funds Transfer from unrestricted funds Fund balances at 1 April 2011 Fund balances at 31 March 2012

159,613

5,534,809 16,224 16,224 195,400 211,624

5,694,422 16,224 16,224 195,400 211,624

5,888,209 1,519 1,519 193,882 195,400

The results of the company relate solely to continuing operations. The company has no recognised gains and losses other than those included in the results above, and therefore no separate statement of total recognised gains and losses has been presented. There is no difference between the results on ordinary activities and the results for the year stated above, and their historical cost equivalents.

Jordanhill School Limited Balance sheet as at 31 March 2012

Notes 2012 Fixed assets Tangible fixed assets Asset repayment provision 5 6 17,473,799 (17,473,799) 17,837,878 (17,837,838) 2011

Current assets Stocks Debtors Cash at bank Cash on hand 7 8 9 2,472 19,395 409,466 693 432,028 Creditors - amounts falling due within one year Total net assets 10 220,404 211,624 2,155 15,239 525,315 635 543,344 347,944 195,400

Capital and reserves Unrestricted funds 211,624 195,400

The financial statements on pages 7 to 17 were approved by the board of managers on 11 May 2012 and were signed on 28 August 2012 on its behalf by:

Manager

R Winter-Scott Manager

Company registration number 108265

Jordanhill School Limited Cash flow statement for the year ended 31 March 2012
Notes 2012 Net cash outflow from operating activities Returns on investment and servicing of finance Interest received/(paid) Decrease in cash 14 823 (115,790) 662 161,801 13 (116,613) 2011 76,541

Jordanhill School Limited Accounting policies

Basis of accounts preparation The financial statements have been prepared on a going concern basis under the historical cost convention and in accordance with applicable Accounting Standards and the Statement of Recommended Practice on Accounting and Reporting by Charities: the Charities SORP 2005. The School is funded by the Scottish Government Education Department on a cash basis. The financial statements have been prepared on the accruals basis of accounting which includes expenses incurred but not yet paid for at the year end. Income Income comprises Scottish Government Education Department Grants, Scottish Arts Council Grant, refectory sales and School letting charges. Fees receivable and charges for services and use of premises are accounted for in the period in which the service is provided. Fixed assets The properties utilised by the School were formally transferred to the company on 6 February 1992 at no cost. However there is a reversionary clause in the feu contract in favour of the Scottish Government should the School cease to operate at any time in the future. The Scottish Government grants include provision for the acquisition, renewal and upkeep of fixed assets required by the company for its operations. Income and expenditure relating to fixed assets are, therefore, dealt with in the Income and Expenditure Account under appropriate headings and are not classified as fixed assets in the balance sheet. Depreciation is provided from the point that assets are brought into use, to write of the cost of the tangible fixed assets by equal instalments over their estimated useful economic life as follows: Heritable Property 50 years

The depreciation is recorded against both the assets and the asset repayment provision so no charge is made against income and expenditure. The company holds no heritage assets. Stocks Stocks are valued at the lower of cost or net realisable value on a first in, first out basis. Operating leases Rentals payable under operating leases are charged in the SOFA on a straight line basis. Resources expended Expenditure is accounted for on an accruals basis. Overhead and other costs not directly attributable to particular functional activity categories are apportioned over the relevant categories on the basis of management estimates of the amount attributable to that activity in the year, either by reference to staff time or space occupied, as appropriate. The irrecoverable element of VAT is included with the item of expense to which it relates. Governance costs comprise the costs of running the Charity, including strategic planning for its future development, external audit, any legal advice for the School managers, and all the costs of

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Jordanhill School Limited

complying with constitutional and statutory requirements, such as the costs of managers meetings and of preparing statutory accounts and satisfying public accountability.

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Jordanhill School Limited Notes to the financial statements for the year ended 31 March 2012
1 Limited by guarantee
The company is limited by guarantee in terms of the Companies Act 2006. In the event of a winding up or dissolution of the company, in terms of paragraph 7(1) of the Memorandum of Association, any surplus assets shall be transferred to some other institution recognised as a charity in law and having objects similar to the objects of the company. The company is limited by guarantee to the extent of 1 for each member in terms of the Companies Act 2006 and does not have a share capital.

2 Excess of operating expenditure over income for the year

This is stated after charging: 2012 Auditors remuneration-audit services Auditors remuneration for non audit services Operating lease rentals 7,789 195,996 2011 7,416 217,668

3 Staff
The average monthly number of persons employed by the company during the year was made up as follows: 2012 FTE Teaching staff Instrumental instructors Administration staff Refectory staff Cleaning staff/janitorial staff 74 5 21.7 8 17 125.7 2011 FTE 76 5 21.7 8 17 127.7

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Jordanhill School Limited Notes to the financial statements for the year ended 31 March 2012 (continued)
4 Managers remuneration
Certain managers of the company are remunerated in respect of their positions as teaching staff of the school under their contracts of employment. No manager receives any remuneration as a director of the company or trustee of the charity as these services are performed in a voluntary capacity (2011: Nil). No retirement benefits are accruing to managers in relation to them in their position as manager.

5 Fixed assets
In accordance with fixed assets accounting policy, we record any depreciation or other reduction in value charged against fixed assets funded by the Scottish Government against both the assets and the asset repayment provision, so that we do not make a charge against the income and expenditure account. Heritable Property Cost or valuation At 1 April 2011 At 31 March 2012 Depreciation At 1 April 2011 Charge for the year At 31 March 2012 Net book value At 31 March 2012 At 31 March 2011 17,472,799 17,837,838 17,472,799 17,837,838 364,038 364,038 728,076 364,038 364,038 728,076 18,201,875 18,201,875 18,201,875 18,201,875

Total

As at 31 March 2010, the managers had the Schools heritable properties professionally re-valued by Rydens, chartered Surveyors on a Depreciated Replacement Cost Basis. The method is a more accurate reflection of the value of the schools properties than the previous basis of insurance replacement value.

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Jordanhill School Limited Notes to the financial statements for the year ended 31 March 2012 (continued)
6 Asset repayment provision
Tangible fixed assets At 1 April 2011 Depreciation charge for the year At 31 March 2012 17,837,838 (364,038) 17,473,799

Stocks
2012 2011 2,155

Refectory stock and consumables

2,472

Debtors
2012 2011

Amounts falling due within one year: Prepayments 19,395 15,239

Cash at bank
2012 2011 419,003 106,948 525,950

Unrestricted cash Restricted cash (see note 10 below)

410,159 410,159

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Jordanhill School Limited Notes to the financial statements for the year ended 31 March 2012 (continued)
10 Creditors amounts falling due within one year
2012 Amounts falling due within one year: Accrued charges Deferred income 220,404 220,404 240,996 106,948 347,944 2011

11 Refectory trading account

2012 Expenditure Salaries, wages and employment costs Food and other costs 94,970 94,922 189,892 Takings Surplus/(loss) for the year (196,779) 6,887 95,353 110,206 205,559 (205,588) 29 2011

12 Other financial commitments

At 31 March 2012 the company had annual commitments under non-cancellable operating leases for equipment as set out below: 2012 Expiring within one year Expiring between 2 and 5 years 813 195,996 2011 28,056 213,841

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Jordanhill School Limited Notes to the financial statements for the year ended 31 March 2012 (continued)
13 Reconciliation of operating surplus to net cash inflow from operating activities
2012 Operating surplus (Increase)/Decrease in stocks Decrease in debtors Increase in creditors Net cash inflow/(outflow) from operating activities 15,401 (319) (4,156) (127,539) (116,613) 2011 896 (72) 3,377 72,340 76,541

14 Analysis of the cash balances as shown in the balance sheet

Change in cash at 31 March 2012 (115,791)

2012 Cash at bank and on hand 410,159

2011 525,950

15 Pension arrangements
The Charity has members of staff who participate in two multi-employer pension schemes, namely the Scottish Teachers Superannuation Scheme and the Local Government Superannuation Scheme. Given that these are both multi-employer schemes, the Charity has taken the exemption applicable in line with FRS 17.

15 Contingent liabilities
As part of the acquisition of the heritable property at Anniesland (see note 5 above), the terms and conditions attaching to an award of 420,731 to the former owners from Sportscotland from the National Lottery Fund have been assigned to the School. The award may be repayable in full or in part if any of the contract terms attaching to the award are breached during the period to 31 August 2021. In the opinion of the managers, such an outcome is unlikely and no provision is made for this contingent liability.

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Jordanhill School Limited

16 Related party transactions

The managers regard the Education Amenities Trust Fund (the Trust) as a related party as there are Trustees who are also Managers of the Board of Jordanhill School , but there is no overall controlling interest. During the year to 31 March 2012, the Trust donated 17,449 (2011: 21,277) to the School. At the end of the year, 453,478 (2011: 335,311) was set aside by the Trust for events activities and charities associated with Jordanhill School. Full details are set out in the Trust Fund Report which is sent separately to parents.

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