Shrewsbury School Governors' Report 2021-22

Shrewsbury School 

Governors’ 

Report 

2021-22

School Aim: to educate and empower each 

individual pupil to flourish in life 

and contribute positively to the world 

around them. 

Strategic Mission: to champion our unique 

identity and advance Shrewsbury 

School as a national and world 

leader in whole person 

boarding and day 

co-education. 

Introduction 

I am delighted to present the annual Governors 

Report. This covers the 2021-22 year and aims to 

report headline facts and figures of the past year 

to Shrewsbury School’s stakeholders. 

The academic year started with our largest school 

roll of Salopian pupils, Shrewsbury being shortlisted 

for Boarding School of the Year TES Award and 

over 1,000 pupils and staff taking part in the 19 mile 

whole school sponsored walk across the Long Mynd 

and Stiperstones which raised over £85,000 for The 

Shewsy. Charitable fundraising by pupils and staff 

in 2021-22 has raised over £110,000 for 20 different 

charities, which is a fantastic achievement. 

Our partnership work with state schools and other 

organisations has significantly expanded in 2021-22 

- showcased in this publication - with highlights of 

our work with the Marches Academy Trust, Expert 

Ed, Severndale Specialist Academy and the town’s 

Darwin Festival 2022. 

In 2021-22 the school increased the level of 

accessibility to a Shrewsbury Education by awarding 

remissions worth £4.4m, an increase of £500,000 on 

the previous year, allowing for a total of 376 pupils 

to receive a scholarship or a means tested bursary. 

Academic results in 2022 have been excellent, 

with A Level and GCSE results notably stronger 

than in 2019. 81% of A Level qualifications were 

graded A*-B and 35% of all pupils awarded A*/A in 

all subjects. A total of 407 Grade 9s were awarded 

across 158 pupils sitting GCSE exams with 7 pupils 

achieving a perfect set of Grade 9s in all subjects. 

A total of 98% of students progressed to university, 

with 90% studying at their first-choice university 

and 76% of those being a top tier university. The 

choice of degree subjects remains wide with a strong 

focus on business, STEM and liberal arts. 

We have enjoyed a full in-person calendar of 

co-curricular life with a full music programme 

throughout the year and some notable success, 

including pupils being awarded places in the 

National Children’s Orchestra and a further pupil 

receiving a scholarship at The Royal Academy of 

Music. The year culminated in a fantastic Eve of 

Speech Day Concert. 

Our sporting year has been breath-taking with 

Shrewsbury being awarded a World Athletics 

Heritage Plaque and officially recognised as the 

birthplace of Cross Country Running. Our pupils’ 

achievements were also recognised, with seven 

history-making Salopians representing Great 

Britain across various sporting disciplines. The U17 

Boys’ cricket team and the U18 Girls’ 1st cricket 

team were both crowned national champions of 

The Cricket Paper U17 National competition 

and The Cricket Paper National Schools 100 Ball 

Competition respectively. Plus, further regional and 

national success in hockey, fives, cross country and 

athletics. A total of seven students were awarded 

sports scholarships to US universities for rowing, 

hockey, football and golf. Plus our previous Head 

of School, Finn Sansom, received the prestigious 

Morehead Cain Scholarship to the University of 

North Carolina. 

The academic year ended with the curtains closing 

on a stellar performing arts year, which included 

performances of Fame, Chicago, The Importance 

of Being Ernest, The Deep Blue Sea and a sellout 

week-long run of our original production of 

Gatsby: A New Musical at The Edinburgh Fringe 

Festival. This was a tremendous success for all pupils 

performing and behind the scenes, as well as the 

supporting cast of staff at the show. 

I am delighted to report that the school continues 

to thrive, which was showcased this year when we 

welcomed back Old Salopian Sir Michael Palin 

to open our new £3.5m Barnes Theatre and £3m 

expansion and refurbishment of Rigg’s Hall. 

Sir Michael gave so very generously of his time 

by speaking to many pupils, staff and the wider 

Salopian community - this was truly a special 

moment in what has been a busy and successful year 

for Shrewsbury. 

I look to the future with confidence retaining 

our focus on providing a diverse, inspiring and 

supportive educational experience for all the pupils 

in our care. 

Tim Haynes 

Chairman of the Governing Body 

2 3

Our Ethos 

Shrewsbury School delivers whole person education in a thriving 

and inclusive boarding and day school community that champions 

the individual. 

We believe that the true purpose of education 

is the cultivation of inner virtues, life skills and 

character strengths that equip our young people 

with the confidence and direction to pursue 

meaningful and successful lives. 

Our distinctive model of whole person 

education - Floreat - offers deep learning in a 

challenging yet kind environment. 

Academic excellence is achieved through a 

wide-ranging curriculum that uncovers and 

encourages a genuine love of learning, alongside 

inspirational teaching that challenges each pupil 

to strive for her or his own personal best. 

We believe that school should be ‘serious fun’: 

because learning and enjoyment go hand in 

hand. Learning takes place not only in the 

classroom, but also through a vibrant and 

demanding co-curricular programme and in the 

pastoral and communal life of the School. 

Standing in the Christian tradition, but with 

an open-hearted approach to those of all faiths 

and none, we pursue kindness, wisdom, truth 

and meaning. We foster a spirit of tolerance 

and acceptance. We encourage a strong sense 

of community and social responsibility. 

We actively promote a global outlook and 

borderless mindset. 

Founded in 1552, the School is steeped in 

history and heritage, but we always look to 

innovate and evolve the pupil experience. 

In the spirit of our most celebrated former 

pupil, Charles Darwin, we believe that a truly 

excellent education evolves and adapts to meet 

the challenges of the present and embrace the 

opportunities of the future. 

After Shrewsbury, our leavers become valued 

members of one of the most enduring, 

dynamic and empowering educational 

networks in the world. A Shrewsbury 

education lasts a lifetime. 

Salopian Virtues 

We actively encourage our pupils to develop a range of character 

strengths grouped around six core Salopian virtues: 

Wisdom 

Intellectual curiosity; love of learning; articulacy; critical thinking; 

creativity; originality; open-mindedness; perspective. 

Kindness 

Compassion; generosity; emotional intelligence; listening; 

community spirit. 

Courage 

Commitment; effort; participation; persistence; enterprise; 

self-belief; confidence. 

Integrity 

Authenticity; roundedness; loyalty; honesty; leadership; 

social responsibility; service. 

Self-mastery 

Humility; acceptance; appreciation of equality and diversity; 

tolerance; forgiveness; carefulness; self-discipline. 

Spirit 

Humour; playfulness; appreciation of beauty and excellence; 

gratitude; wonder; hope; direction, purpose and meaning. 

4 

5

Educational 

Achievements 

and University 

Entrants 

Pupils at Shrewsbury School achieved excellent A Level and GCSE results in 2022. 

At A Level, 81% of qualifications were graded 

A*-B, including 16 students achieving a full 

set of three or four A*s, and 35% of all pupils 

awarded A*/A in all subjects. It has been 

a particularly good year across the whole 

breadth of Shrewsbury’s diverse Sixth Form 

curriculum, with notable A*-B proportions 

in English (94%), History (92%), Theatre 

Studies (92%) and PE (89%). 

These A Level results are notably stronger 

than those from 2019 (73% at A*-B), the 

last time formal Public Examinations were 

taken, and are consistent with the national 

trends observed as schools across the country 

moved back to Public Examinations from the 

different systems of CAGs and TAGs. 

At GCSE, a total of 407 Grade 9s were 

awarded across the 158 pupils sitting exams, 

with 7 pupils achieving a perfect set of Grade 

9s across their full range of subjects and 51% 

of all grades awarded at Grade 9 or 8. An 

impressive three-quarters of all examinations 

were graded at 9-7. 

Grades 9s were awarded to 56% of those 

studying Music, 36% of those studying 

German, 30% of those studying Physics 

and 37% of those studying Philosophy & 

Theology. In Maths and English Language, 

over 70 pupils achieved a Grade 8 or 9, which 

is almost half the year group. 

These results are very similar to those of the 

different TAG system of 2021 (76% at grades 

9-7, 53% at grades 9-8) and were significantly 

stronger than those from 2019 where a mixed 

economy of numerical and letter grades were 

awarded. 

2022 2021 2020 2019 2018 2017 

A-Level (A*, A+, B) 81% 87% 85% 73% 80% 79% 

GCSE (A*+ A) 75% 76% 72% 65% 66% 66% 

Shrewsbury pupils were busy enriching their academic experience outside the classroom 

and in 2021-22, they were successful in a wide-variety of academic endeavours and 

competitions. 

The following examples represent the most outstanding achievements of Salopian pupils across a 

field of academic disciplines, with their achievements rightly recognised by external bodies: 

George R (PH, III) - Over 200 schools, 

from across the globe, entered the 

Poésíæ Language Poetry Recitation 

Competition, and George R was in the 

top three individual entrants overall 

for his performance, and was highly 

commended. 

Eustacia (M, UVI) - awarded the Philip 

Sidney Gold Medal - the most prestigious 

academic prize in the School, following 

winning Young Romantics Poetry Prize 

2021 and being shortlisted for BBC 

Young Writers Award. 

Charlie S (I, V) - won the KAZ 

Worldwide Touch-Typing Tournament 

at a typing speed of an amazing 76 words 

per minute, scoring an accuracy of 96%. 

Brenda X (M, LVI) - won place on 

the prestigious Isaac Physics Senior 

Physics Challenge hosted by Cambridge 

University. It is one of only fifty spaces 

awarded nationally for commitment and 

success in solving Isaac Physics problems 

throughout the year. 

6 7

Cambridge Chemistry Challenge - 

Salopians were awarded 6 Gold, 14 Silver 

and 9 Copper Medals. 

British Physics Olympiad Junior 

Challenge - 15 students were awarded 

Gold. 

British Biology Olympiad 2022 - 

Salopians received 1 Gold, 3 Silver and 4 

Bronze. 

Purple Comet Maths Competition - 

a global team-based competition of fiendish 

maths puzzles. Out of 4000 teams, from 

62 countries, Shrewsbury’s Team came 2nd 

in the UK and 123rd globally. The team 

included Saku N (U6, O), Darren C (L6, 

Ch), Joyce L (M, L6), Chloe J (MSH, L6), 

Tom P (Ch, L6), Michael M (S, L6). 

UK University 

Destinations 

University of 

St Andrews 

Newcastle University 

Silver Crest STEM Awards - awarded 

to three Salopians: Thea H (MSH, UVI) 

Thomas H (S, LVI) and Sam R (S, UVI). 

University of 

Edinburgh 

Durham University 

Life After Shrewsbury 

University of Leeds 

University of York 

90% 

Went to their first 

choice university 

76% 

Went to top tier 

university 

University of 

Manchester 

University of Liverpool 

University of Sheffield 

University of 

Nottingham 

University of Warwick 

Took a Gap Year 

31% 98% 

Went to university 

Cardiff University 

 

Loughborough 

University 

11% 

Went to an 

international 

university 

University of Bristol 

University of Bath 

University of 

Cambridge 

University of Exeter 

Oxford Brookes 

University 

University of Oxford 

Reading 

University 

Imperial College, London 

King’s College, London 

LSE 

Queen Mary’s, London 

University College, London 

8 9

Top 20 university subjects of 

Salopians 2022 

The distribution of degree subjects remains wide and generally 

consistent with previous years, though the popularity of Liberal Arts 

as a course has seen a noteworthy increase, reflecting the all-rounder 

nature of Salopians. 

2% 2% 2% 2% 4 

2% 3 

4 

4 

5 

3% 

3% 

5 

3% 

5 

3% 

6 

4% 

6 

4% 

6 

4% 

6 

4% 

6 5% 

6 

5% 

6 

6% 

9 

18 

18% 

10 

7% 

14 

12% 

12 

9% 

10 

Business-related 

Liberal Arts 

Engineering 

Biology 

Geography 

Medical-related 

English 

Design Technology 

Economics 

Modern Languages 

Philosophy 

Classics 

PPE 

History 

International Relations 

Mathematics 

Fashion 

Medicine 

Psychology 

Art 

10 11

Co-Curricular 

Achievements 

This section focuses on the major sporting, musical and 

theatrical events, giving a flavour of some of the 

many activities during 2021-22 

For many of our students, co-curricular is key to their happiness, personal 

development and self-esteem. Below are listed some notable achievements 

from 2021-22. 

Drama 

The Michaelmas Term 2021 began with 

three sold out performances of ‘Fame!’ 

postponed from the Summer Term 2021. We 

also enjoyed a very entertaining house play 

from Severn Hill, in which the whole house 

performed the complete works of Shakespeare 

in 58 minutes. 

In the Lent Term we enjoyed three sellout 

performances of ‘Chicago’ and a very 

successful EPQ student-led performance 

of ‘The Importance of Being Earnest’; in 

the second half of term the Junior School 

Musical ‘Into the Woods’ was a huge 

success, with over 30 students involved in 

sell-out shows; it was swiftly followed by a 

production of ‘Oedipus the King’, performed 

in collaboration with local state schools 

including performances from their pupils, 

and a very funny house play by the gentlemen 

of Rigg’s Hall. 

The Opening of the Barnes Theatre, by Sir 

Michael Palin, was a wonderful opportunity 

to showcase the Performing Arts, with 

fabulous performances in drama, music 

and dance. It included highlights of all the 

year’s productions and concerts, including a 

spectacular marimba and saxophone duet and 

excerpts from forthcoming productions ‘The 

Deep Blue Sea’ and ‘Gatsby: A New Musical’. 

Shrewsbury School pupils returned to the Edinburgh Fringe Festival in August 

2022 with a musical adaptation of F. Scott Fitzgerald’s The Great Gatsby. The show 

entitled Gatsby: A New Musical was a sell-out during its week at the Fringe, which 

is an amazing feat when competing against over 3,000 other shows for attendees. 

Our pupils took to the stage and impressed with incredible acting, breath-taking 

singing and compelling choreography, garnering superb reviews throughout the run. 

Over the last twenty years, Shrewsbury has taken eleven original musicals to the 

Edinburgh Fringe, garnering 5* reviews and a prestigious Fringe First Award. 

Thea H (MSH, UVI) was signed by The Artists Partnership a leading UK acting 

agency and talent agency representing top British and International Talent. 

12 13

Music 

All music ensembles resumed post-Covid, 

and performances in the Michaelmas Term 

included the lunchtime concert series, two 

dazzling St Cecilia concerts (including the 

return of the Community Choir) and three 

Christmas Carol services including a whole 

school carol service in St Chad’s. 

In the Lent and Summer Terms we held 

various events the Singing Prize Day; Wind 

and Piano Masterclass and Prize Competitions; 

a sell-out jazz concert by the Big Band and Jazz 

Band, a very popular Prep School Big Band 

Day and the St Alkmund’s Concert (part of 

the town’s 2022 Darwin Festival) alongside 

weekly chapel services and regular lunchtime 

concerts, and our music programme of events 

for 2021-22 culminated in the fantastic Eve of 

Speech Day Concert. 

Music exams results: 

8 x ATCL Diplomas (2 with distinction). 

19 x Grade 8 (5 with distinction, 8 with 

merit). 

13 x Grade 7 (1 distinction, 10 with merit). 

76 exams were taken in total. 

2 students awarded places in the National 

Children’s Orchestra. 

One student offered a scholarship at The 

Royal Academy of Music. 

Sport 

The 2021-22 year has been a fantastic sporting 

year with Shrewsbury School being awarded a 

World Athletics Heritage Plaque and officially 

recognised as the birthplace of Cross Country 

Running and seven history-making Salopians 

representing Great Britain. 

Shrewsbury School athlete Iris D (G, LVI) 

represented Great Britain in the 800m at the 

European Athletics Under 18 Championships, 

which were held in Jerusalem in July 2022. 

Iris won a bronze medal for finishing third in 

the race - an amazing achievement which was 

celebrated by our Salopian community. 

Alice C (G, LVI), Natalia T (EDH, V) 

and Isabelle T (MSH, UVI) were the first 

Shrewsbury girls to be selected to represent 

Great Britain in rowing. The Girls were selected 

to compete in the Junior Women’s Eight and 

Junior Women’s Coxed Four at the Coupe de la 

Jeunesse held in Spain; winning gold twice in 

the eight and once in the four, plus a silver in 

the four. 

Sisters Eleanor B (EDH, LVI) and Amelia B 

(MSH, IV) represented GB in fencing at the 

2022 U17 International European Ranking 

Event in Bulgaria. 

Harrison C (R, UVI) represented GB in the 

2022 European Triathlon Championships 

and has qualified for the Team GB 

athletes competing at the World Duathlon 

Championships in 2023. 

Seven Shrewsbury students were also awarded 

sports scholarships to US universities for 

rowing, field hockey, soccer and golf. With Finn 

Sansom (Head of School 2020-21 and Captain 

of Football) receiving the Morehead Cain 

Scholarship - a prestigious ‘full-ride’ award to 

the University of North Carolina. 

Other sporting achievements and 

successes include: 

National Cricket Champions: 

• U17 Boys’ Cricket Team crowned National 

Champions of The Cricket Paper U17 

National Ball. 

• U18 Girls’ 1st XI cricket team were crowned 

champions of The Cricket Paper’s National 

Schools 100 Ball competition 2021. 

The UI8 girls and the UI4 girls won the 

county Hockey tournament. 

Our Fives players attended the National 

Championships, winning the mixed doubles 

and U16 girls’ competitions. 

Shrewsbury also has hosted the Northern 

Fives Championships, with an entirely 

Shrewsbury final. More recently, we won 

the Williams Trophy for the first time in 10 

years. 

Jack K (PH, IV) won silver in the England 

Athletics U17 800m. 

The Royal Shrewsbury School Hunt (Cross 

Country) had a very strong season, with the 

boys coming third and the girls second at the 

National Knole Run. Harrison C and Iris 

D won the Schools’ County Cross Country 

Championship, with the girls’ team coming 

first and the boys’ fourth. 

14 15

Activities 

Here are highlights from the 2021-22 academic year: 

Ellie L-L (MSH, LVI) was awarded 

Adventurer of the Year. 

Harry C-W (O, LVI) completed an 

expedition across Baffin Island and raised 

more than £4,000 for The Prince’s Trust. 

A mixed team took part in the Scottish 

Islands Peaks Race, a gruelling three-day 

running / sailing race. The Shrewsbury 

team won the ‘King of the Bens’ for the 

fastest overall running time - the first 

mixed team ever to do so. 

Our Volunteering Programme grew 

with over 100 students now involved in 

volunteering through Thursday activities. 

CCF is thriving - we were visited by Puma 

helicopters in the MT21 term and 60 

pupils took flight during the visit. 

Salopians enjoyed an action-packed week 

of white water rafting, mountain exploring 

and gorge walking for the CCF Easter 

Adventure Camp. 

The CCF Royal Marine section entered the 

national Sir Stueart Pringle competition. 

Our team (which included one female 

pupil) won the Drill and Command Task 

phases. 

16 17

Scholarships, 

Bursaries and 

Other Charitable 

Activities 

Partnership with other schools 

and youth organisations 

During the 2021-22 academic year the School continued to develop 

partnership activity with state schools, charities and other organisations, 

both locally and nationally. 

Programmes covered academics, co-curricular (sport, music and arts), support with careers and pastoral 

aspects of school life. We shared our innovative remote programmes with our partners - ranging from 

enrichment subject lectures to careers webinars and sporting challenges. 

Amongst the highlights of 2021-22 are the following case studies: 

Case Study 1 - ‘Expert Ed’ 

Shrewsbury School was in the steering group 

of ‘Expert Ed’ - a national collaborative project 

between independent and state schools working 

to share and develop resources to provide 

free access to live curriculum enrichment, 

keynote inspirational speakers, careers advice 

and homework clubs. As well as helping form 

the overall shape of the offering, the School 

provided content with access to speakers and 

development of materials with the Marches 

Academy Trust. We created modules related 

to the geography topic of ‘Settlements’ and 

to Darwin and Evolution. Open to year 5-9 

students across the country in pilot mode, 

‘Expert Ed’ had an estimated 20,000+ pupil 

engagements. More details can be found here: 

https://expertedlive.org/ 

Case Study 2 - Working with 

Severndale Specialist Academy 

We developed our partnership with Severndale 

Specialist Academy. Our Head of Learning 

Support, Karen Mitchell is a governor there and 

we have worked closely at leadership level to find 

meaningful and sustainable ways of bringing 

young people together in a mutually beneficial 

way. Amongst develops we now send our Medical 

Volunteering students across to Severndale on 

Thursdays to learn about support young people 

with complex additional needs. 

We have brought young people from Severndale 

onto the site for regular dance and singing 

sessions and for a carousel of activities on Field 

Day. We also hosted the Severndale Sports Day 

on the school site. 

18 19

Case Study 3 - Support for the town’s 

Darwin Festival 2022 

The School engaged more than ever with the 

town’s annual festival to celebrate Charles 

Darwin, its most famous son. We developed 

materials (audiovisual and educational resources) 

with the Marches Academy Trust to share with 

schools across the county and more widely. These 

included interviews related to Darwin’s schooling 

at Shrewsbury, his early years in his home town, 

the Voyage of the Beagle and his life as a family 

man and scientist at Down House in Kent. We 

sourced and hosted lectures, with academics 

from the UK and USA. In addition, we held a 

charity concert in town and opened up access 

to the public to see the Darwin collection in the 

Ancient Library. 

Other community engagement: 

Activity with school partners centres around 

education (subject support and enrichment 

for state sector colleagues and students, 

student mentoring and support for university 

applications), sport (providing facilities for 

individuals and events) and cultural activity 

(regular and individual events in art, dance, 

music and singing). Much of the above support is 

pro bono, or at rates below commercial levels. 

At Easter we ran a shared residential with 

‘The Shewsy’ at Talargerwyn, centred around 

teambuilding and outdoor pursuits. During the 

summer of 2022 we hosted another group from 

Everton, this time in School House. We also 

welcomed young pupils from inner cities in the 

North West of England who came to us as part 

of the ‘Into University’ programme. 

As well as supporting charitable fundraising by 

pupils and staff (in 2021-22 raising over £110k 

for 20 different charities in total including £85k 

for The Shewsy via the whole school sponsored 

walk), the School regularly makes available its 

facilities to various external charities, either at no 

cost to the charity or at heavily discounted rates 

to cover school costs. 

School staff are encouraged to participate in 

the local and wider community, providing their 

time free of charge. Such participation ranges 

from acting as Governors of local schools to 

assisting organisations with performances in the 

performing arts. 

The School’s annual concert series is open to the 

public and is well attended by members of the 

local community. 

A detailed inventory of the School’s Partnership 

and Community Engagement work can be found 

at https://www.shrewsbury.org.uk/pce 

In addition, both schools record partnership 

activity on the schoolstogether.org website. 

The School awards charitable 

grants in the form of 

scholarships and bursaries. 

These are an important part of our policy to ensure that the benefits of a 

Shrewsbury Education are accessible to those who do not have the means 

to pay the full fee. 

Scholarships are prizes based on competitive examination, while bursaries are means tested awards for 

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

are used to augment scholarship awards. 

The School awarded remissions worth £4.4m during 2021-22, of which £3.1m were means tested. 

Scholarships and Bursaries are funded from charitable donations, commercial activities, modest income from 

the School’s endowed funds and from school fee income. The total remission figure was 14.75% of gross fee 

income. Separately Packwood Haugh provided scholarships and bursaries of £0.36m (8.97% of fee income) 

in 2021-22. 

The table below provides detail for Shrewsbury School: 

Pupils 

Remission 

% of fee 

income 

Total 

recipients 

Means 

tested 

recipients 

Means 

tested £ 

Means 

tested % of 

fee income 

814 £4,353,644 14.75% 376 204 £3,129,208 10.60% 

The table below analyses the level of remission awarded to the 204 pupils in receipt of means tested 

awards: 

Number of means tested 

awards 

0–25% 26%–49% 50%–74% 75%–99% 100% 

51 72 58 14 9 

A detailed grant making policy is available on the School’s website. 

20 

21

A summary 

of the financial 

results 

The tables and graphs below are based on extracts from the School’s 

consolidated management accounts for the year ended 31st July 2022. 

The net movement in funds tie to the consolidated statutory accounts 

available on the Charity Commission website. 

The School aims to generate an operating surplus of around 5% of education related income to reinvest in 

the School for the future. (Operating surplus is defined as the surplus of the school fee income over school 

operations expenditure, excluding investment and trading income and interest and fund-raising expense). 

This is the third year in which the financial results of Packwood Haugh School have been consolidated into 

the overall Shrewsbury School accounts. In the year ended 31st July 2022 average Shrewsbury pupil numbers 

were 814 with a further 208 at Packwood. This has translated into a net operating surplus of £1.5m. 

The net operating surplus has increased closer to its pre-covid level, up from £0.8m last year. 

Shrewsbury School Consolidated 

Income & Expense 

2021-22 2020-21 

£’000 £’000 

Gross Fees and other educational income 33,429 30,307 

Scholarships and fee remissions (4,720) (4,251) 

Bursary Funding (mainly from Foundation) 629 492 

Incoming Resources from school operations 29,338 26,548 

(net of fee remissions) 

School operating expenses (28,395) (26,125) 

Operating Surplus (Deficit) 943 424 

Operating Surplus % 3.2% 1.6% 

Investment Income and Net Income from Commercial Activities 1088 861 

Fundraising & Financing Expenditure (532) (467) 

Net Operating Surplus (Deficit) 1,500 819 

Donations and Property disposals 78 1,802 

Pension Revaluation and investment gains/losses 1,629 1,444 

Transfer of net assets of Packwood 

NET MOVEMENT IN FUNDS 3,207 4,064 

The School continues to derive a portion of its income from Shrewsbury International Schools and commercial 

lettings during the holidays to assist with the funding of bursaries. 

22 23

The pie chart below shows costs including fee remissions for 2021-22 of 

£33.0m. Staff and utility costs remain the major areas of expenditure. 

However, the depreciation charge continues to increase as a result of the 

capital expenditure programme in recent years. 

1% 1% 1% 

7% 

12% 

Bursaries & Scholarships 

Teaching Costs 

11% 

Welfare Costs 

13% 

41% 

Premises Costs 

Support Costs 

Depreciation 

Foundation 

Financing 

13% 

Other 

The financial position of the School remains sound. However, the School does not have substantial endowed 

funds and its assets consist mainly of the school site and buildings. The School aims to raise funds to invest 

in the future from operating surpluses, the generosity of its donors and from the expansion of appropriate 

commercial activities. 

24 25

International 

Schools 

Income from our international schools grew by 14% this year with net 

income contributing to current bursarial support as well as accruals into a 

designated fund to underpin transformative bursaries of 100% and above. 

As travel resumed around the world, in person interactions between Shrewsbury School and its licensed 

international sister schools have been re-established with UK Governor participation at Advisory Board 

meetings as well as notable interactions with the international principals, staff, pupils and parents. Planning 

is underway for the next Shrewsbury School International Leadership Seminar, anticipated to become a 

regular feature in the international calendar. 

Our partners informed us of their intention to discontinue the Shrewsbury International School project 

in Guangzhou, China. Schools under the Shrewsbury name are established in synergy with our ethos and 

philosophy and follow a UK based curriculum and regrettably this has become increasingly difficult in 

China in recent times with uncertainty around the future of international schools. This likely means the end 

of Shrewsbury projects in China and we will not seek other opportunities there. 

The opening of Shrewsbury International School in Phnom Penh, Cambodia represents an important 

milestone in the diversification of our international relationships, representing our first project with a new 

partner. Engagements continue with other investors to expand the Shrewsbury family of schools into further 

territories with progress being made in India. 

A summary of progress across our current international family of schools is given below: 

Bangkok Riverside - remains the 

international school of choice in the city, 

with enrolment growing strongly despite 

increased competition. The pupil roll stands 

at almost 1900 and the recent rounds of 

expansion having increased capacity. The 

new look senior leadership team has made a 

strong start headed by Principal Rob Millar. 

Bangkok City Campus - enrolment 

continues to grow with over 420 pupils on 

roll. Links continue to grow even stronger 

between the two Bangkok campuses with 

the guaranteed place at Riverside for 

City Campus leavers. Principal Amanda 

Dennison continues to create a warm 

nurturing environment in this specialist 

primary school campus. 

Cambodia - the Founding Principal Toby 

Waterson joined the school from North 

London Collegiate School in Jeju, Korea 

and Charlotte Thomas has been recruited as 

Deputy Principal and Head of Early Years to 

oversee the provision for ages 2 to 5 which 

opens at a brand new existing premium city 

location. This will be followed by primary 

and secondary boarding and day provision 

due to open in stages on a purpose-built 

greenfield campus beginning in September 

2024. 

Hong Kong - enrolment has remained 

challenging with ongoing strict travel 

and quarantine measures in the territory, 

however the Principal Ben Keeling and his 

senior team continue to do an excellent job, 

ensuring the very best primary provision. 

26 27

Buildings and 

Improvements 

to the School 

Infrastructure 

The 2021-22 year was a busy period for site works and improvements 

with many of the Covid delayed projects restarting and then being 

incorporated into the projects previously planned for the 2021 22 year. 

Highlights of these projects were:: 

The completion of the Rigg’s Hall extension and refurbishment. This project has transformed the feel 

of Rigg’s Hall, and has upgraded the pupil bed, study and social spaces to a high standard - see picture 

below of Sir Michael Palin opening Rigg’s Hall in May 2022. 

The construction of Queen Elizabeth Hall commenced to programme, with the build ongoing for a 

planned completion in the summer of 2023. 

The refurbishment programme for boy’s boarding continues with project design commenced for 

Churchill’s and Ingram’s. 

Planning commenced for a re-imagining of the artificial hockey pitch area at Porthill with two new 

artificial pitches, and new tennis and netball courts for Lower Kingsland. 

The first fast charging electric car point on the school site was installed. 

As in previous years several smaller projects were completed, generally centred around boarding house 

improvements, to keep on top of routine upgrades and improvements. 

28 29

Shrewsbury 

School 

Foundation 

Seattle, Singapore and Shrewsbury number amongst the destinations 

in which we have had the delight of meeting our alumni, friends and 

supporters this year; a most welcome programming contrast to years 

in the recent rear view mirror. We thank each and every member of 

our global community for the tremendous warmth and generosity of 

reception they have afforded the School, both near and far. 

This trio of locations, although distant in 

their geographic locations and cultures, share 

constituents with both a commonality and 

continuity of interest; that of wishing to engage 

with and support Shrewsbury School. These 

wonderful people believe deeply - as we do - in 

The Salopian Spirit and the capacity of our 

School to change the lives of people: young and 

old, directly and indirectly, within and beyond 

our gates. 

The School’s commitment to widening access 

remains our current focus in the Development 

Office, and is realised through The Means Tested 

Bursary Fund. This enables a Shrewsbury School 

education for qualified, bright and capable young 

people whose financial circumstances would 

otherwise preclude them from attending. Our 

global community of donors have, through 

their outstanding generosity, provided over 

£1,000,000 of cash gifts to the Shrewsbury School 

Foundation this year, affirming and advancing 

our aim. This sum is both a significant increase 

on last year, and amongst the highest in the 

history of the Shrewsbury School Foundation 

to date, with the exception of 2007, in which a 

transformational planned gift was received from a 

donor through The 1552 Legacy Society. 

Planned gifts continue to be an important 

component of our income year on year, and we 

are humbled by the ever-increasing number of 

donors who choose to make gifts both during 

their lifetime, and a further commitment to the 

Shrewsbury School Foundation in their Will. 

In so doing, they become members of The 1552 

Legacy Society, and we honour and recognise 

those very special donors. 

New this year, our Impact Report articulates 

in narrative, case studies and colour, the real 

recipients and difference that supporting The 

Means Tested Bursary Fund has made to the lives 

of the next generation of Salopians; all global 

citizens, leaders, voices for change, and forces for 

good in our society. 

It is always a joy to share news of the School 

today with those near and far who carry its 

memory, and share in their commitment to its 

promise for the future. The reputational reach 

of the School grows stronger by the day, with an 

ever-increasing number of families choosing to 

place their greatest trust in our ability to know 

and nurture young people. 

We remain motivated by the unwavering support, 

engagement, and generosity of our global 

community of alumni, friends and supporters, 

which enables Shrewsbury to remain strong as a 

community united in purpose, and with clarity of 

vision for its future. 

30 31

Shrewsbury School 

Independent School of the Year 2020 

The Schools, Shrewsbury SY3 7BA | Tel: 01743 280552 

Email: admissions@shrewsbury.org.uk 

www.shrewsbury.org.uk 

Registered charity number: 528413 

WINNER 

Independent School of the Year 2020 

SHORTLISTED 

Boarding School of the Year 

WINNER 

Community Outreach Award 2020

Shrewsbury School Governors' Report 2021-22

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