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Shrewsbury School Governors' Report 2020-21

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<strong>Shrewsbury</strong> <strong>School</strong><br />

Governors’<br />

<strong>Report</strong><br />

<strong>2020</strong>-<strong>21</strong>


<strong>School</strong> Aim: to educate and empower each<br />

individual pupil to flourish in life<br />

and contribute positively to the world<br />

around them.<br />

Strategic Mission: to champion our unique<br />

identity and advance <strong>Shrewsbury</strong><br />

<strong>School</strong> as a national and world<br />

leader in whole person<br />

boarding and day<br />

co-education.<br />

2


Introduction<br />

I am delighted to present the annual Governors’ <strong>Report</strong>. This covers the <strong>2020</strong>-<strong>21</strong><br />

year and aims to report headline facts and figures of the past year to <strong>Shrewsbury</strong><br />

<strong>School</strong>’s stakeholders.<br />

The academic year started with various COVID-19<br />

restrictions but that didn’t stop <strong>Shrewsbury</strong> thriving to<br />

its full potential – in fact, it seemed to spur everyone on.<br />

While we were in the world of remote learning, the<br />

Salopian community grabbed the 40in40 Lockdown<br />

Challenge with both hands. The challenge encouraged all<br />

pupils, staff, parents and Old Salopians to get out and<br />

about to highlight the importance of staying active to<br />

benefit both physical and mental wellbeing, at the same<br />

time raising money for charity.<br />

The year started with events taking place online – from<br />

Salop’s got Musical Talent, to STEM Potential, to<br />

Cambridge University Debating Competitions, and our<br />

pupils took every challenge that they were faced with and<br />

not only overcame them but excelled while doing so.<br />

However, it wasn’t long before we were able to welcome<br />

pupils and staff back on site, and to see a school full of<br />

life again was a joy for all. Regular activities resumed<br />

and pupils were back on stage performing their energetic<br />

rendition of FAME, on the sports pitches for both house<br />

and national competitions and taking part in annual school fixtures such as The Tucks, House<br />

Singing and the festive Carol Concerts. It was like they had never been away.<br />

We received the good news that our Futures Department was recognised for its hard work and<br />

was shortlisted for an award in the Student Careers category of the Independent <strong>School</strong> of the<br />

Year 20<strong>21</strong> awards, a category that seeks schools which help its students with on-going advice and<br />

support for their future, and we became history makers – our girls’ First VIII made history as the<br />

first girls to win a VIII race at Henley.<br />

I am delighted to report that the school continues to thrive and we look to the future with<br />

confidence, retaining our focus on providing a diverse, inspiring and supportive educational<br />

experience for all the pupils in our care.<br />

Tim Haynes<br />

Chairman of the Governing Body<br />

3


Our Ethos<br />

<strong>Shrewsbury</strong> <strong>School</strong> delivers whole person education in a thriving<br />

and inclusive boarding and day school community that champions<br />

the individual.<br />

We believe that the true purpose of education<br />

is the cultivation of inner virtues, life skills and<br />

character strengths that equip our young people<br />

with the confidence and direction to pursue<br />

meaningful and successful lives.<br />

Our distinctive model of whole person<br />

education - Floreat - offers deep learning in a<br />

challenging yet kind environment.<br />

Academic excellence is achieved through a<br />

wide-ranging curriculum that uncovers and<br />

encourages a genuine love of learning, alongside<br />

inspirational teaching that challenges each pupil<br />

to strive for her or his own personal best.<br />

Founded in 1552, the <strong>School</strong> is steeped in<br />

history and heritage, but we always look to<br />

innovate and evolve the pupil experience.<br />

In the spirit of our most celebrated former<br />

pupil, Charles Darwin, we believe that a truly<br />

excellent education evolves and adapts to meet<br />

the challenges of the present and embrace the<br />

opportunities of the future.<br />

After <strong>Shrewsbury</strong>, our leavers become valued<br />

members of one of the most enduring,<br />

dynamic and empowering educational<br />

networks in the world. A <strong>Shrewsbury</strong><br />

education lasts a lifetime.<br />

We believe that school should be ‘serious fun’:<br />

because learning and enjoyment go hand in<br />

hand. Learning takes place not only in the<br />

classroom, but also through a vibrant and<br />

demanding co-curricular programme and in the<br />

pastoral and communal life of the <strong>School</strong>.<br />

Standing in the Christian tradition, but with<br />

an open-hearted approach to those of all faiths<br />

and none, we pursue kindness, wisdom, truth<br />

and meaning. We foster a spirit of tolerance<br />

and acceptance. We encourage a strong sense<br />

of community and social responsibility.<br />

We actively promote a global outlook and<br />

borderless mindset.<br />

4


Salopian Virtues<br />

We actively encourage our pupils to develop a range of character<br />

strengths grouped around six core Salopian virtues:<br />

Wisdom<br />

Intellectual curiosity; love of learning; articulacy; critical thinking;<br />

creativity; originality; open-mindedness; perspective.<br />

Kindness<br />

Compassion; generosity; emotional intelligence; listening;<br />

community spirit.<br />

Courage<br />

Commitment; effort; participation; persistence; enterprise;<br />

self-belief; confidence.<br />

Integrity<br />

Authenticity; roundedness; loyalty; honesty; leadership;<br />

social responsibility; service.<br />

Self-mastery<br />

Humility; acceptance; appreciation of equality and diversity;<br />

tolerance; forgiveness; carefulness; self-discipline.<br />

Spirit<br />

Humour; playfulness; appreciation of beauty and excellence;<br />

gratitude; wonder; hope; direction, purpose and meaning.<br />

5


6<br />

Educational<br />

Achievements<br />

and University<br />

Entrants


Pupils at <strong>Shrewsbury</strong> <strong>School</strong> achieved excellent A Level and GCSE results in 20<strong>21</strong>,<br />

despite being subject to significant stresses and pressures because of the global pandemic.<br />

Public examinations were cancelled for a<br />

second year in a row and the publication of A<br />

Level and GCSE results was a unique process<br />

of Teacher Assessed Grades (TAGs), awarded<br />

by consideration of evidence of achieved pupil<br />

performance.<br />

A total of 66% of all A Level and Pre-U<br />

grades were awarded at A*, A or equivalent<br />

and almost 87% of all grades were A* to B,<br />

allowing over 96% of Upper Sixth pupils<br />

to access their firm or insurance university<br />

offers. 32 pupils achieved a clean sweep of A*<br />

or equivalent grades, with 88 achieving an<br />

equivalent of A* or A in every subject.<br />

76% of all GCSE qualifications awarded to<br />

Fifth Form pupils were graded at 9, 8 or 7<br />

(A* or A). Five pupils achieved a clean sweep<br />

of Grade 9s, 24 pupils achieved a full set of<br />

Grade 9s and 8s (A* equivalent) and 67 pupils<br />

achieved Grade 9,8 or 7 in every subject. 93<br />

pupils (64% of the cohort) gained at least one<br />

Grade 9.<br />

20<strong>21</strong> <strong>2020</strong> 2019 2018 2017 2016<br />

A-Level (A*, A+, B) 87 85 73 80 79 79<br />

GCSE (A*+ A) 76 72 65 66 66 71<br />

<strong>Shrewsbury</strong> pupils were busy enriching their academic experience outside the classroom<br />

and in <strong>2020</strong>-<strong>21</strong>, despite the constraints of the pandemic, they were successful in a widevariety<br />

of academic endeavours and competitions. For example they achieved Crest<br />

and ILM Young Leaders Awards, and participated in competitions ranging from the<br />

Independent <strong>School</strong>s’ Mock Trial Competition to various science and maths Olympiads.<br />

The following examples represent the most outstanding achievements of Salopian pupils across a<br />

field of academic disciplines, with their achievements rightly recognised by external bodies:<br />

Eustacia (L6, M) - BBC Young Writers’<br />

Competition, Winner on the poetry of<br />

A.E Houseman<br />

Mew (L6, O) – KAZ Worldwide touchtyping<br />

champion.<br />

Eustacia (L6, M) – Winner of the<br />

Young Romantics Poetry Prize 20<strong>21</strong> and<br />

Shortlisted for BBC Young Writers Award<br />

for a prose piece ‘A Hundred Moons’.<br />

Phoebe (L6, MSH) – Highly<br />

Commended in the New College of the<br />

Humanities Essay Prize with her essay<br />

‘Is Democracy Experiencing a Setback<br />

Worldwide?’.<br />

.<br />

Issy (MSH U6) – Highly Commended<br />

in the New College of the Humanities<br />

Essay Prize with her essay ‘Should Robots<br />

have Rights?’.<br />

Chemistry Olympiad – Seventeen Sixth<br />

Form pupils took part, achieving four<br />

gold, five silver and five bronze medals -<br />

well above the national average, with over<br />

7000 participants throughout the UK.<br />

7


The table below shows the destinations of our 20<strong>21</strong> leavers and the chart below that shows that the<br />

distribution of degree subjects remains wide and generally consistent with previous years, though<br />

the popularity of Politics and International Relations as a discrete subject area has seen a noteworthy<br />

increase:<br />

Durham University 17 University of the Arts London 4<br />

UCL (University College London) 16 University of Manchester 4<br />

University of Exeter 16 University of Birmingham 4<br />

Newcastle University 14 King's College London 4<br />

Oxford Brookes University 13 Imperial College London 4<br />

University of Bristol 8 University of York 3<br />

The University of Edinburgh 8 Queen Mary, University of London 3<br />

Cardiff University 8 University of Oxford 3<br />

Loughborough University 5 University of Nottingham 3<br />

University of Warwick 4 University of Bath 3<br />

The distribution of degree subjects remains wide and generally consistent with previous years,<br />

though the popularity of Liberal Arts as a course has seen a noteworthy increase, reflecting the allrounder<br />

nature of Salopians.<br />

2% 2% 2% 2% 2%<br />

3%<br />

3%<br />

3%<br />

3%<br />

4%<br />

4%<br />

4%<br />

4%<br />

5%<br />

5%<br />

6%<br />

7%<br />

18%<br />

9%<br />

12%<br />

Business<br />

Engineering<br />

Medical<br />

Geography<br />

Politics / IR<br />

English<br />

History<br />

Art<br />

Liberal Arts<br />

Economics<br />

Sport<br />

Computing<br />

Law<br />

Philosophy<br />

Psycology<br />

Architecture<br />

Biology<br />

Design<br />

Modern Languages<br />

Music<br />

8


9


Co-Curricular<br />

Achievements<br />

This section focuses on the major sporting, musical and<br />

theatrical events, giving a flavour of some of the many<br />

activities during <strong>2020</strong>-<strong>21</strong><br />

10


It was a great joy to go back to in-person activities. For many of<br />

our students, the co-curricular is key to their happiness, personal<br />

development and self-esteem. Whilst the ‘Covid years’ have left us with<br />

some areas to rebuild – and a shorter report than usual – there have<br />

nonetheless been some notable achievements.<br />

Drama<br />

In the Michaelmas Term, House plays were able<br />

to continue in house bubbles, performed to a<br />

socially distanced and masked audience and<br />

live-streamed to parents and the wider school<br />

community:<br />

The Real Inspector Hound (Severn Hill)<br />

Pride and Prejudice (The Grove)<br />

In the Lent term, the school was in remote;<br />

however, we continued to run a weekly Drama<br />

society focusing on monologues to camera.<br />

In the Summer Term, as well as the GCSE and<br />

A level Drama performances, we were able to<br />

stage a further house play and a Third Form<br />

play:<br />

The 39 Steps (Churchill’s Hall)<br />

The Crucible (Third Form)<br />

We celebrated some impressive individual<br />

achievements: two students were awarded places<br />

in the National Youth Theatre (as actors) and<br />

three in the National Youth Music Theatre (1<br />

stage manager, 1 choreographer and 1 musician).<br />

Music<br />

Whilst many of the larger ensembles were<br />

unable to perform, small groups such as string<br />

quartets and chamber choir continued in<br />

a socially distanced format. The St Cecilia<br />

Concert took place to a small internal audience<br />

and was live-streamed to the wider school<br />

community.<br />

Music exams continued to take place, with some<br />

impressive individual results:<br />

5 x ATCL Diplomas (4 with Distinction)<br />

1 x LTCL Diploma (with Distinction)<br />

24 x Grade 8 (5 with Distinction, 9 with<br />

Merit)<br />

9 x Grade 7 (3 with Merit)<br />

62 exams were taken in total<br />

One student was awarded a place in the<br />

National Children’s Orchestra.<br />

11


Sport<br />

In the Michaelmas Term, all Sport took place on<br />

site, with the focus on inter-House competitions<br />

(including the inaugural Girls’ House Football.)<br />

Whilst in remote during the Lent Term,<br />

students had the opportunity to take part in<br />

some virtual competitions, with the Boat Club<br />

taking part in the Virtual <strong>School</strong>s Head of the<br />

River and the Hunt submitting times to the<br />

virtual Coventry relays, resulting in a third place<br />

for the boys’ VIII and an individual top ten time<br />

for one of our Fifth Form girls.<br />

The return to site in the Summer Term marked<br />

a return to external fixtures in cricket, fives,<br />

rowing and athletics, with some impressive<br />

achievements:<br />

National <strong>School</strong>s Regatta – J16 boys (silver),<br />

Championship Girls Four (bronze)<br />

National Fives Championship – finalists<br />

Henley was postponed to the summer holidays,<br />

with both girls and boys training hard<br />

throughout August. Our girls’ First VIII made<br />

history as the first girls to win an VIII race at<br />

Henley.<br />

12


Activities<br />

Whilst restricted to the school site, staff<br />

showed admirable creativity in providing a<br />

range of exciting activities, including the hire<br />

of a climbing wall and bubble football and the<br />

building of an on-site mountain-biking track.<br />

Whilst in remote, the Voluneering@Home<br />

initiative was a particular highlight, with<br />

students baking cakes for care homes, gathering<br />

contributions for the food hub and calling lonely<br />

people in their local communities.<br />

Similarly, the 40in40 Challenge was a triumph<br />

of collective endeavour, with the whole school<br />

community logging the miles they ran, walked<br />

or cycled to raise money for House Charities.<br />

13


14<br />

Scholarships,<br />

Bursaries and<br />

Other Charitable<br />

Activities


Partnership with other schools<br />

and youth organisations<br />

The <strong>School</strong>’s relationship with <strong>Shrewsbury</strong> House Youth Club (known<br />

as ‘the Shewsy’) in Everton, has continued to be key to our partnership<br />

work.<br />

During the year the school helped with the <strong>2020</strong> ‘Refreshing the Vision’ Christmas Big Give Campaign,<br />

raising significant funds at school and in the wider Salopian Community such that match funding was<br />

secured and over £40k raised in total. Around springtime, thoughts then turned to the logistical and<br />

fundraising planning of September’s whole school sponsored walk.<br />

With face-to-face visits still not possible, Dr Richard Barrett (the <strong>School</strong>’s Shewsy Liaison) organised a<br />

series of virtual study visits, enabling all member of the school’s Lower Sixth to get to learn more about our<br />

relationship with the Shewsy. With input from the Warden, Rev. Henry Corbett, his wife Councillor Jane<br />

Corbett, Senior Youth Workers John Dumbell and Charlie Hughes, our students learned about the history<br />

of the link, the current socio-economic challenges facing the Everton community and the work done by the<br />

Shewsy with powerful illustrations using case studies.<br />

Behind the scenes there has been much work designed to streamline and improve governance structures<br />

– with the Headmaster and John Hutchinson leading the way towards conversion to become a Charitable<br />

Incorporated Organisation during this reporting period.<br />

During the year we launched our ‘STEM<br />

Potential’ partnership with Imperial<br />

College, London. Delivered in remote,<br />

this was targeted at talented young Year<br />

10 students from across Shropshire, giving<br />

them the opportunity to develop their<br />

academic interests and to set their sights on<br />

top universities in due course. We worked<br />

creatively and collaboratively with Imperial<br />

and with colleagues from Oundle <strong>School</strong> to<br />

provide enrichment and stretch across the<br />

range of STEM subjects. All those selected<br />

to take part met eligibility criteria based on<br />

Imperial’s widening access programmes.<br />

Elsewhere in STEM we worked with<br />

primary and secondary schools within<br />

the Marches Academy Trust to enrich the<br />

curriculum with various projects led by Dr<br />

Kathryn Broadhouse, our Science Fellow,<br />

including a Make, Integrate and Explore<br />

Environment Programme teaching pupils<br />

to develop their computational skills. In<br />

addition, she provided training for students<br />

to peer review scientific papers via the<br />

‘Frontiers for Young Minds’ programme.<br />

<strong>Shrewsbury</strong> <strong>School</strong> was actively involved in<br />

the <strong>Shrewsbury</strong> DarwIN Festival 20<strong>21</strong>, held<br />

virtually, sourcing and hosting speakers from<br />

around the globe to deliver expert talks on<br />

Charles Darwin and evolution.<br />

<strong>Shrewsbury</strong> <strong>School</strong> has been part of a<br />

steering group working on a pilot project<br />

with other independent schools and state<br />

partners called ‘Expert Ed’. The concept is<br />

to pool resource, contacts and expertise to<br />

provide a free programme of curriculum<br />

enrichment, careers advice and key note<br />

speakers to Years 5-9 pupils with sign ups<br />

across the country.<br />

In Maths we maintained our link with<br />

<strong>Shrewsbury</strong> Academy <strong>School</strong> Year 11 GCSE<br />

students, with some extra Year 10 support<br />

given during the year.<br />

15


During lockdown periods our staff provided<br />

enrichment subject-related talks as part of a<br />

‘Go Further’ programme. These were offered<br />

outside the school to local state schools and<br />

this was greatly valued. Our Hispanic Fellow<br />

was able to maintain support for a local<br />

state school (The Priory <strong>School</strong>) via Teams<br />

ensuring that Year 10 and Year 11 Spanish<br />

students could continue to make progress.<br />

The school provided 3 hours’ pro bono, with<br />

another 3 hours’ as part of a SLA.<br />

Support for bright and ambitious state school<br />

students continued to grow for those looking<br />

to apply to Oxbridge and / or competitive<br />

courses such as medicine and veterinary<br />

science. <strong>Shrewsbury</strong> staff provided individual<br />

and group tutoring, UCAS support, advice<br />

about entrance tests and interview practice.<br />

Our Head Librarian offered support /<br />

training for EPQ delivery to the subject lead<br />

at the Marches Academy Trust.<br />

Our ‘Futures’ Department opened up virtual<br />

career talks and seminars to the wider<br />

community with more than 40 schools<br />

invited to join us. Elsewhere, our Head<br />

of Futures, Chris Wain, is one of three<br />

colleagues working closely in a pilot scheme<br />

with ‘Royal SpringForward’ looking at<br />

mentoring disadvantaged students in the care<br />

system as they work through Sixth Form and<br />

look towards their next steps.<br />

A total of 12 members of <strong>Shrewsbury</strong> staff<br />

held trustee / governor roles supporting 20<br />

schools throughout the county, covering<br />

both primary and secondary educational<br />

settings and including Severndale Specialist<br />

<strong>School</strong>. These roles were in support of both<br />

strategic and operational functions.<br />

In Sport, our ‘Dedicated Athletes<br />

Programme’ continued with a remote<br />

programme during the year. Sporting<br />

challenges – global in reach - designed to<br />

help young people keep fit whilst at home<br />

were also opened up to state schools in the<br />

county. When possible, we were able to offer<br />

our facilities to support swimming lessons<br />

and sport development.<br />

In Art, virtual life-drawing sessions were<br />

opened up to local state schools whilst in<br />

remote. Art-related lectures were also offered.<br />

More widely, in support of the community<br />

more generally, the <strong>School</strong>’s activity included:<br />

Sending links to recordings of lunchtime<br />

concerts, house-singing and Christmas<br />

concerts to local care homes.<br />

Raising awareness of our partnership work<br />

with the Food Bank + with features for the<br />

Salopian Community around the House<br />

Singing competition, as well as a direct<br />

fundraising appeal during the event.<br />

The ‘Volunteering @ Home’ initiative was a<br />

great success, with Salopians doing much to<br />

support their local communities in the UK<br />

and overseas.<br />

The school community raised over £71k for<br />

25 charities in <strong>2020</strong>-<strong>21</strong>, with each boarding<br />

house raising funds for its own nominated<br />

charity during that period.<br />

During Outdoor Week Salopians did<br />

environmental work for the local council.<br />

16


The <strong>School</strong> awards charitable<br />

grants in the form of<br />

scholarships and bursaries.<br />

These are an important part of our policy to ensure that the benefits of a<br />

<strong>Shrewsbury</strong> Education are accessible to those who do not have the means<br />

to pay the full fee.<br />

Scholarships are prizes based on competitive examination, while bursaries are means tested awards for<br />

talented pupils who would not otherwise be able to attend the <strong>School</strong>. In many cases, means tested awards<br />

are used to augment scholarship awards.<br />

The <strong>School</strong> awarded scholarships worth £3.9m during <strong>2020</strong>-<strong>21</strong>, of which £2.7m were means tested.<br />

Scholarships and Bursaries are funded for charitable donations, commercial activities, modest income from<br />

the <strong>School</strong>’s endowed funds and from school fee income. The total remission figure was 14.5% of gross fee<br />

income. Separately Packwood Haugh provided scholarships and bursaries of £0.35m (9.9% of fee income) in<br />

<strong>2020</strong>-<strong>21</strong>.<br />

The table below provides detail for <strong>Shrewsbury</strong> <strong>School</strong>:<br />

Pupils<br />

Remission<br />

% of fee<br />

income<br />

Total<br />

recipients<br />

Means<br />

tested<br />

recipients<br />

Means<br />

tested £<br />

Means<br />

tested % of<br />

fee income<br />

816 £3,898,502 14.5% 351 194 £2,731,977 10.14%<br />

The table below analyses the level of remission awarded to the 170 pupils in receipt of means tested<br />

awards:<br />

Number of means tested<br />

awards<br />

0–25% 26%–49% 50%–74% 75%–99% 100%–110%<br />

46 69 52 16 11<br />

A detailed grant making policy is available on the school’s website.<br />

17


18<br />

A summary<br />

of the financial<br />

results


The tables and graphs below are based on extracts from the <strong>School</strong>’s<br />

consolidated management accounts for the year ending 31st July 20<strong>21</strong>.<br />

The net movement in funds tie to the consolidated statutory accounts<br />

available on the Charity Commission website.<br />

The <strong>School</strong> aims to generate an operating surplus of around 5% of education related income to reinvest in<br />

the <strong>School</strong> for the future. (Operating surplus is defined as the surplus of the school fee income over school<br />

operations expenditure, excluding investment and trading income and interest and fund-raising expense).<br />

This is the second year in which the financial results of Packwood Haugh <strong>School</strong> have been consolidated<br />

into the overall <strong>Shrewsbury</strong> <strong>School</strong> accounts. In the year ending 31st July 20<strong>21</strong> average <strong>Shrewsbury</strong> pupil<br />

numbers were 816 with a further 181 at Packwood. This has translated into a net operating surplus of<br />

£0.819m. It should be noted that the overall operating surplus during <strong>2020</strong>-<strong>21</strong> has fallen for two reasons:<br />

A small net operating deficit in the Summer Term 20<strong>21</strong> as a result of the reduction in fees for the<br />

COVID 19 lockdown during Lent Term 20<strong>21</strong>.<br />

Packwood Haugh <strong>School</strong> is currently operating at a deficit. In the medium term the charity is working to<br />

return this to a surplus position.<br />

<strong>Shrewsbury</strong> <strong>School</strong> Consolidated<br />

Income & Expense<br />

<strong>2020</strong>-<strong>21</strong> 2019-20<br />

£’000 £’000<br />

Gross Fees and other educational income 30,307 29,019<br />

Scholarships and fee remissions (4,251) (3,637)<br />

Bursary Funding (mainly from Foundation) 492 541<br />

Incoming Resources from school operations 26,548 25,923<br />

(net of fee remissions)<br />

<strong>School</strong> operating expenses (26,125) (25,200)<br />

Operating Surplus (Deficit) 424 723<br />

Operating Surplus % 1.6% 2.8%<br />

Investment Income and Net Income from Commercial Activities 861 918<br />

Fundraising & Financing Expenditure (467) (551)<br />

Net Operating Surplus (Deficit) 819 1,090<br />

Donations and Property disposals 1,802 782<br />

Pension Revaluation and investment gains/losses 1,444 (1,598)<br />

Transfer of net assets of Packwood 4,444<br />

NET MOVEMENT IN FUNDS 4,064 4,717<br />

The <strong>School</strong> continues to derive a portion of its income from <strong>Shrewsbury</strong> International <strong>School</strong>s and commercial<br />

lettings during the holidays to assist with the funding of bursaries.<br />

19


The pie chart below shows costs including fee remissions for <strong>2020</strong>-<strong>21</strong> of<br />

£30.3m. Staff and utility costs remain the major areas of expenditure.<br />

However, the depreciation charge continues to increase as a result of the<br />

capital expenditure programme in recent years.<br />

1% 1% 0%<br />

8%<br />

12%<br />

Bursaries & Scholarships<br />

Teaching Costs<br />

11%<br />

Welfare Costs<br />

14%<br />

40%<br />

Premises Costs<br />

Support Costs<br />

Depreciation<br />

Foundation<br />

Financing<br />

12%<br />

Other<br />

The financial position of the <strong>School</strong> remains sound. However, the <strong>School</strong> does not have substantial endowed<br />

funds and its assets consist mainly of the school site and buildings. The <strong>School</strong> aims to raise funds to invest<br />

in the future from operating surpluses, the generosity of its donors and from the expansion of appropriate<br />

commercial activities.<br />

20


<strong>21</strong>


22<br />

International<br />

<strong>School</strong>s


Despite ongoing travel restrictions, links between <strong>Shrewsbury</strong> <strong>School</strong><br />

and its licensed international sister schools have continued with regular<br />

interactions taking place virtually, including UK Governor participation<br />

at the Advisory Board meetings, regular meetings with the international<br />

principals and online operational linkages.<br />

The inaugural <strong>Shrewsbury</strong> <strong>School</strong> International Leadership Seminar took place at the beginning of the year<br />

and another meeting is being planned early next year.<br />

Business development activity has also progressed well with the notable signing of agreements to establish<br />

<strong>Shrewsbury</strong> International <strong>School</strong> in Phnom Penh, Cambodia.<br />

A summary of progress across areas of focus is given below:<br />

Bangkok Riverside – remains the<br />

international school of choice in the<br />

city, however enrolment is proving more<br />

challenging than previously as competition<br />

grows. The pupil roll is expected to be<br />

just over 1800 next term, and a recently<br />

completed expansion project ensures ample<br />

capacity for future growth. Despite periods<br />

of lockdown throughout the year, the school<br />

has coped well and provided an effective<br />

remote learning programme. The current<br />

Head of Senior <strong>School</strong> is to be promoted<br />

to take over as Principal at the beginning<br />

of next academic year and other senior<br />

leadership changes are underway.<br />

Bangkok City Campus – enrolment<br />

continues to grow with almost 400 pupils<br />

expected to start next term. Links continue<br />

to grow stronger between the two Bangkok<br />

campuses and a new Bangkok Marketing<br />

Director is working across both sites with a<br />

focus on providing a unified narrative.<br />

Hong Kong – enrolment continues to grow<br />

with current pupil roll at 380. Strict travel<br />

and quarantine measures in the territory<br />

continue to pose challenges, however, the<br />

Principal and senior team continue to do an<br />

excellent job, ensuring the very best primary<br />

provision.<br />

China – the Shanghai project was<br />

terminated due to difficulties in obtaining<br />

an operating licence. The school in<br />

Nansha, Guangzhou is now due to be<br />

the founding school in China opening in<br />

2022. A kindergarten is planned as well as<br />

a <strong>Shrewsbury</strong> branded full international<br />

school covering primary and secondary<br />

years following a UK based curriculum. The<br />

existing licence agreement is being extended<br />

(as it previously covered only the last three<br />

years of the school).<br />

Cambodia – agreements were signed<br />

with Tutor Impact to set up <strong>Shrewsbury</strong><br />

International <strong>School</strong>, Phnom Penh in<br />

Cambodia working with the multinational<br />

property developer Meridian International.<br />

This represents a new relationship for the<br />

<strong>School</strong> and Cambodia will be our first non-<br />

SIA international school. The project will<br />

be implemented in two phases with early<br />

years (ages 2 to 5) due to open in September<br />

2022 at a brand new existing premium city<br />

location followed by primary and secondary<br />

boarding and day provision on a purposebuilt<br />

greenfield campus in September 2024.<br />

Business Development – the focus on<br />

identifying and partnering with new<br />

investors to expand the <strong>Shrewsbury</strong> family of<br />

schools into further territories continues with<br />

progress expected in other key territories<br />

shortly.<br />

23


24<br />

Buildings and<br />

Improvements<br />

to the <strong>School</strong><br />

Infrastructure


There were a number of capital projects previously delayed in 2019-20 due<br />

to the COVID-19 pandemic that were restarted in <strong>2020</strong>-<strong>21</strong>.<br />

Riggs’ Hall refurbishment commenced on site in the summer of 20<strong>21</strong>, and is programmed to be<br />

completed at Easter 2022. Also in the summer of 20<strong>21</strong> modifications were made to the Grove to expand<br />

its capacity for the Michaelmas Term 20<strong>21</strong> girls pupil numbers.<br />

The Fifth Girls’ House successfully navigated its way through the Planning Permission process, the<br />

technical design is completed and the project is currently at construction tender. Works are planned to<br />

start on site next year, with completion ready for Michaelmas Term 2023.<br />

As always a number of smaller projects were started and completed in order to keep on top of key<br />

condition items.<br />

25


26<br />

<strong>Shrewsbury</strong><br />

<strong>School</strong><br />

Foundation


Following the success of last year, we were humbled by the generosity of<br />

our donors, enabling us to celebrate, again, a year of growth and success<br />

in the Development Office, and all in support of the <strong>Shrewsbury</strong> <strong>School</strong><br />

Foundation.<br />

Despite the best efforts of the pandemic,<br />

fundraising this year increased 10% over the<br />

prior year, which is a very valuable boost for the<br />

<strong>School</strong>’s charitable endeavours.<br />

Our Campaign <strong>2020</strong>-30 is now well in-flight,<br />

and throughout the year we held fast to our<br />

priority of raising funds for the Means Tested<br />

Bursary Fund. This provides qualified candidates,<br />

who might not otherwise have been able to do<br />

so, with the opportunity to attend <strong>Shrewsbury</strong><br />

<strong>School</strong>, and speaks directly to our commitment<br />

to our social mission.<br />

Furthermore, with this strengthened focus on<br />

social responsibility, we have also sought to<br />

increase the number of Transformative Means<br />

Tested Bursaries we are able to offer. Our<br />

definition of ‘Transformative Means Tested<br />

Bursaries’ being those which enable young people<br />

requiring 75% – 110% remission of fees to attend<br />

the <strong>School</strong>.<br />

In the year, our most recent Fundraising<br />

Telephone Campaign raised over £360,000,<br />

which not only hugely exceeded our target, but is<br />

more than double the amount that the <strong>School</strong> has<br />

ever raised before through this kind of activity.<br />

Moreover, this campaign directed 98.18% of its<br />

proceeds to the Means Tested Bursary Fund; a<br />

powerful indicator of the promptness, warmth<br />

and resonance of this cause with our alumni,<br />

friends and supporters.<br />

Fundraising continues to form a vital part of<br />

the <strong>School</strong>’s capacity to deliver its mission,<br />

influencing positively a number of the <strong>School</strong>’s<br />

strategic objectives to 2030. Our ten-year global<br />

Advancement strategy sets out an ambitious<br />

campaign, with an initial focus of supporting<br />

Means Tested Bursaries, whilst retaining the<br />

ability to welcome some new projects alongside<br />

in future. We are progressing with confidence<br />

toward the <strong>School</strong>’s commitment to meet its<br />

strategic objective of increasing the number of<br />

Transformative Means Tested Bursary recipients<br />

to a target of 40 pupils annually by 2030.<br />

To those members of our global community who<br />

are already part of the roll call supporting any<br />

aspect of <strong>School</strong> life through the <strong>Shrewsbury</strong><br />

<strong>School</strong> Foundation, we are most grateful.<br />

We remain motivated by the inspirational loyalty,<br />

engagement, and generosity of our alumni,<br />

friends and supporters, who enable <strong>Shrewsbury</strong> to<br />

remain strong as a community united in purpose,<br />

and with clarity of vision for its future.<br />

27


<strong>Shrewsbury</strong> <strong>School</strong><br />

Independent <strong>School</strong> of the Year<br />

The <strong>School</strong>s, <strong>Shrewsbury</strong> SY3 7BA<br />

Tel: 01743 280552<br />

Email: admissions@shrewsbury.org.uk<br />

www.shrewsbury.org.uk<br />

HIGHLY COMMENDED<br />

Boarding <strong>School</strong> of the Year<br />

SHORTLISTED<br />

Creativity Award<br />

WINNER<br />

Independent <strong>School</strong> of the Year<br />

WINNER<br />

Community Outreach Award

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