Red Top Scandal for my school

I think my old school got off lightly with this story. 'Enterprise project'... of sorts. In my day it was capitalist 6th formers hiring a room for £100, and selling 300 tickets at £20 each to a caustic mix of 14-18 yr olds. The cash would invariably be used to buy enough blow & hooch to dance the night away and still excel in advanced mechanics comps 'n county javelin trials in the morning. Fitting, I always thought, since the cringe school motto was 'mens sana in corpore sano' and suggested role model Margaret Hilda Thatcher... Also, 'sozzled at 15' is lenient reportage.