Company Number 02789023 R•gl8l•r•d in England Charity Numbor: 1017853 St George's WEYBRIDGE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 ST GEORGE'S WEYBRIDGE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 CONTENTS Govemor8, Officers and Advisers Annual Report oflhe Govemr8'. - Directors, Report Str8teg* Report Ind8pendent Audllorf8 Report 22 Consolidatèd Statement of Flnancial Activitles 26 Con6011dated and School Balance Sheat 27 Con8olldaied Cashflow Statement 28 Notes to tho Flnancial Statemènts 31 ST GEORGE'S WEYBRIDGE GOVERNORS, OFFICERS AND ADVISERS GOVERNORS, DIRECTORS AND CHARITY TRUSTEES The Governors of Sl George's Weybridge I'lhe Charity, or'the School'l are the Charity's Iruslees under charity law and the diredors of the charitable company. The members of the Governing Body who served in office as Govemors during the year and subsequently a￿ delailed below., 121 131 141 (51 Mr D Nowlan Chair of Governors from 22 November 2021 Mr D Bicarregui. Mrs C Bumham Miss C Cooke Mrs M Fawcett. Dr L Gordon Mr K Gosal. Mr M Hanley-Browne MT J Hood. Mr C Muller Mrs M Satchel. Mrs C Shevlin. Appointed 23rf June 2025 into a ca8ual vacancy Appointed 24th June 2024 Appointed 25th November 2024 11) Finance and Risk Commlttee 12} Academic and Pastoral Committée {31 Nominations and Govemance Committee {4) Josephile Etho8 Committee {disb8nded March 20251 151 strateg￿ Pl8nnlng Committee Parent of a pupil at one of the bchools During th8 year the activiltes of the Governlng Body were carried out through fwe committees. The membershlp of these committees is shown above for each governor. OFFICERS Heads Sl George's College Weybridge Sl George's Junior School Weybridge Mrs RCF Owens (due to leave Sep 20261 Mr A J Hudson {retired Apr 20251 Mr D Jameson lappointed Apr 20251 The Bursar Clerk to the Governors Mr G Cole Mrs C Punt Addresses George'j College Weybridge Road, Addleslone Surrey KT15 2QS St George'• Junlor School Thames Street, Weybridge sUr￿y, KT13 8NL Website www.st .com Page 1 ST GEORGE'S WEYBRIDGE GOVERNORS, OFFICERS AND ADVISERS Bankèrn: Nabonal Westminster Bank p 9th Floor 280 Bishopsgate London EC2M 4AA Sollcltorn: Farrer & Co 66 Lincoln's Inn Fiehds London WL2A 3LH Veale Wa3bTough Mzards Orchard Court Orchard Lane 8rlslol BS1 SWS Audltovs: Moore Kingston Smith LLP Chartered Accountan18 and Busln688 Adv188r8 Devonshire House 60 Goswell Road London EC1M 7AD Page 2 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2025 The Govemor5 of St George's Weybridge p￿Sent their annual report for the year ended 31 Juty 2025 und8r the Companie5 Act 2006 and Charities Act 2011, thus including the Directors, Report and Strategic Report under the 2006 Act, together with the audited financial statements for the year. DIRECTORS. REPORT CONSTrruTION AND OBJECTS St George's Weybridge I'lhe Charity. or 'lhe School'l was founded in 1993, when the running of St George, was transferred from its founding Congregatson of Josephites lo a lay board of trustees, and is ￿gIStered with the Charity Commission under charity number 1017853. It is ¢onstiluted as a company limited. by guarantee registered in England. No 02789023. The Charity is governed by its Articles of Association last amended on 20 December 2010, The Charlty's objects, as set out in the Articles ofAsso¢iation, are the advancement ofeducation by the provision and conduct of 8 school or scho)Is for boys and girls to enable the fulfilment ol their academic potent￿1 and P8r8onal development wlthin an ethos of Christian ideals which derive from the traditions and leaching of th8 Roman cathol￿ Church 8nd by ancillary or incid&nlal education or religious aclivili8s for the benefit of the community. In fvrtherance of th18 object for the public benefit the Charity, that oporales tsvo schools known as Sl George's College, Weybridge and St George's Junior School, Weybridge I'the Schools l. has established and administers bursaries, awards and other benefactions. and acts as the trustee and manager ol property. endowments, bequests and gifts given or established in the pursuance ol this obi8cl. The Charity was known as St George's College Weybrid9e until 24 December 2012 when Companles House registered the change of name lo Sl George's Weybridge. AIMS, OBJECTIVES AND ACTIVITIES Alm• The Charity's aims are.. to establish the College as a day school for 11 to 18-year-old boys and girls and the Junior School as a day school for2 to 11-year￿Id boys and 9irfs, in which e8ch child is encouraged to fulfil their potential,. to offer all students a holistic range ol opportunities so that they can achieve to the best of their ability within a framework of shared Catholic, Chri8lran and Josephile values and standards", and lo value and nurture students as individuals, giving them a sense of thoir own self-worth and of the value of service to others, thus preparing them for life beyond school. The Board is rriindful ofthe long-standing need to provide public benefit and of the requirements of the Charities Act 2011. In this connection the Board has monitored closely the guidance on public benefit produced by the Chanty Commission together with its supplemental guidance on fee-charging. Prlmary Objective• The primary obje¢tNes of the Charity to fulfil these aims are.. to provide a stimulats'ng learning environment in which students can develop their a¢adern￿ potential to the full., Page 3 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2025 to provide a happy, safe, and secure pastoral envlronment, rooted in th8 Roman Catholic tradit￿n and shaped by Josephite values, in which students develop a sense of community, consideration. respect and support for one another., to provide students with a breadth of curricu18r and co-curricular activities to develop positivety all aspects of their character and to enable their talents to be discOve￿d", to provide financial support to enable children whose parents are unable to afford the full fees lo benefit from a Georgian educats'on., lo provid8 inspirab'onal governance and leadership combinéd with effectlve management., lo provide the nécessary adminislrab've and baislic framework to meet the needs of the Georgian Family. The annual objectives for 2025128 are Contained in the Strategic Report. The aims and objectsves set lor the Charity's subsidiary is to facilitate the achwement of the Charity's alms and Obl￿tIveS as above, GOVERNANCE AND MANAGEMENT Gov•mlno Body There is one Governing Body for the School. Details of the members of the Governing Body, together with the Charity's officers and principal advisers, are given on pages 1 and 2. The Goveming Body is self-appoinling. Governors are appointed for terms of three year8 and may, upon re- election, serve up to three terms. Governor8 may not be reappointed until one year has elapsed since their last day of prw service. Rocrultmont and Tralnlng of Govornor• New members of the Governing 8ody are elected based on various means, such ag Seeking applulions from the Georgian Family or nominations from the Governors and the executive officers. Selection is based upon Ihg candidates, professional qualities, commitment to Ihe Schools, experience, personal competence and capacity to give of their lime. New Governor6 are inducted into the workings of the Schools, including Governing 8ody policy and procedures, through an induction Process organised for them by the Clerk to the Govemors. New Governors 81so attend specialist external courses on the role and responsibilities of charity trustees. embers of the Goveming Body allend exlemal Iruslee training and infomialion courses designed lo keep them informed and updated on Gur￿n1 issues in the sector and regulatory ￿quireMents. Or9anisatlonal Managernont The Members of the Governing Body a￿ legally responsible for the overall management and control of the School. They meel five limes a year. The work of implementing their policies is carried out by five Commillees.. The Finance and Risk Committee ￿rutIn1Ses revenue, the budget, capital expenditure, risk, safeguarding, health and safety, projects and other mallers relating lo the general njnning of the School. This Committee also supervises and finalises the audited financial statements and annual report for approval by the Governing Body. The Committee meets four times per year and reports lo the Governing Body. The Committee Is chaired by Margi Satchel. Page 4 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2025 The Academic and Pastoral Committee considers educatsonal and pastoral policy. The Committee meets three limes per year and reports lo the Goveming Body. The Committee is chaired by Catherine Burnham. The Nomlnations and Governance Committee considers governor succession and screens nominated candidates for governorship. The Committee meets three tsmes a year and reports lo the Governing Bcijy. The Committee is chaired by David Bicarregui. The Strategic Planning Committee is charged with the implementats'on of th8 Strategic plan and monitoring topical i$$ues that Gome to the fore and how they might best be dealt with in the context of the strategic plan. The Committee has no éele9aled powers. Recommendations are routed to the Governing Body. It Is chaired by Jason Hood. The Josephite Ethos Committee was established in 2019 to oversee the aclNe con11nuan￿ of the Josephile Ethos at St Gaorge's, recognising that the number of religious in the Congregation in Europe is in (iecline. Having successfully developed and embedded processes that ensure the ethos will be sustained into the future, the Committee has now fvlfill6d its purpose and therefore. by vote of the Board in June 2025, it was formally disbanded. The Board delegates ex8cuts.ve r8sponsibilits.es to the Heads of the ￿SpeCtive schools and lo the Bursar. The Bursar is Company Secretary lo the Company and a director of the subsidiary and joint Ventu￿ companies. The Heads, ané the Bursar attend all meeting5 of the Governing Body's Committees except for the Nominations and Governance Committee. There is a separate Clerk to the Governors. Structur• and Rgl•tlon•hlp• The School has one wholly own8d non-charitable subsidiary, St George's Weybiidge Enterprises Limited, whose annual profits are donated to the School under the Gift Aid Scheme. The trading activities of Sl George's Weybridge Enterprises Limited primarily comprise a retail oulbt and revenue from letting of the school campus faulilies when not in 4Jse by the Schools. The School also has a joint venture, Sl George's WeybTidge and Surrey County Tennis Centre Limited {'Ihe joint company'}, which is owned in equal partnership with Surrey Lawn Tennis Association. The purpose of the joint company 18 lo maintain and operate the tennis centre and operate a public membership scheme to raise revenue lo oftset the running c08ts of the centre. Employment and Remunaratlon Polity and Engag•m•nt wlth Employ?08 We engage with our employ8es about future School activities and issues of direct concem Isuch as tenns and conditions) through a range of mechanisms. All employees have the opportunity lo elect colleagues lo represent them on variou¥ Gommittees and groups thal me81 from tsme to lime, As part of ensuring that the regard for employee interosls affects Company decisions. we engage with employees through questionnaires, surveys and staff Tngelings. an¢J where possible include represenlatsves in the development of HR policies. We have a range of detailed HR policies lo support and have ￿gard to our employees, interes15, our charitable and busine55 objectives and to ensure compliance with employment legislation. Staff represenlalives meet annually with a selection of Governors, without senior leadership, wrth the opportunity to provide staff feelings and opinions on any topic. The most recent staff suNey ffvealed OVe￿h¢1M￿ngIY posits've staff with the vast majority agreein9 they would rewmmend the School as 2 good place lo work. Governors further dernofislrate regard for employees, interests through staff remuneration. Rernuneration is decided annually by the Board after receiving recommendations for anhual pay rises from the Finance and Risk Committee. Teaching staff are paid on an Inlemal scale with progress determined by appropriate performance and time. They wceive additional payments for management responsibility and duties above the contractual norm. A minority of business {i.e. support) staff are paid according lo an internal scale with the remainder of Page 5 ST GEORGE'S WEY8RIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2025 business staff remunerated with reference to the market rale for their sector. A range of b8nefits a￿ available lo staff such as workplace pension Gontributions, staff fe8 romission, lrfe assurance, and a medical cash plan. Teachers Can opt out of the Teachers. Pension Scheme and I￿n a defined contribution pension scheme, logether with equivalent critical illness and life cover, thus providing added choice. Business staff can elect to contribute lo their schem8 through salary exchange, benefiting from the lax saving. Senior staff remuneration is linked to thelr performance appraisals and 15 approved by the Chair of the Board and by the Chair of the Finan¢e and Risk Committee. The School has published its Gender Pay Gap report in April 2025 reflecting the mandalory'snapshol. date of 5 April 2024 which shows a mean gender pay gap of 13Y•12023'. 12%) and a median gap of 26%12023.. 26¥01 due to the significant majority of our lower paid roles being taken up by women. The School is an equal oppjrtunilies employer and will treat all employees, membefs of the Georgian Family li.e. people who have an association with the Schools) and any person visiting the School in accordance with the Equalities Act and the School expects all employe85 and all other members ol the Georgian Family to comply with this policy. Full and fair consideration is given to job applications frorn disabled persons and consideratson 18 given lo their training and omployfftsnt needs. STATEMENT OF ACCOUNTING AND REPORTING RESPONSIBILITIES The members of the Governing Body, as directors of the charitable company, are responsibl& for preparing the Annual Report and the financial stalem8nl8 in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Slandard81. Company law requires the members of the Governing Body to prepare financial 8tatements for e￿h financial year. Under company law the Governing Body members must not approve the financial 8talemenls unless they are 8alisfied that they give a true and fair view of the slate of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the ¢hafltable company for that period. In prepanng these financial stalemenls, the Governing Body members ar8 required to.. select the most surtable accounting policies and then apply them consistently: obseNe the methods and principles in the Charities SORP.. make judgments and accounling eslimales that are reasonable and prudent., stsle whether applicable UK Accounting Standards have been followed, 8ubjecl to any material. departures disclosed and explained in the financial statements., and p￿pare the financial statements on the going concern basis unless il is inappropriate to presum8 that the charitable company will continue in business. The members ofthe Goveming Body are responsible for keeping adequate a¢¢ounling records that a￿ Sufficient to show and explain the charitable company's transactions, disclose with rea50nable accuracy al any time the financial position of the charslable company and enable them to ensure that the financi81 statements comply with the Companies Act 2006 and the provisions of the School's constitution. They are also responsible for safeguarding the assets ol the School and hence for taking reasonable steps for the prevention and detection ol fraud and other ir￿gUIaTlties. As far a5 each of the Directors, as members of the Governing Body al the date of approval of this report, is aware, there is no relevant audit infomialion (information needed by the chanlable company's auditor in connection with preparing the audit report) ofwhich the charitable company's auditor is unaware. Each member of the Governing Body has taken all the steps that he or she should have taken as a member of the Governing Body in order to make himself or herself'aware of the relevant audit information and lo establish that the charitable company's auditor is aware of that information. Page 6 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2025 STRATEGIC REPORT Governors have consislenlly acted in the way we consider, in good faith, woukl be most likety to promote the success of the Charity, which is in the best inte￿918 of ils beneficiarteg, and in doing so have regard (amongst other rnattersl to.. The likely consequences of any decision in the long term, The inter85ts of the company's employees, The need to foster the Charity's relationships with ils b&neficiaries, customers. suppliers, and others. The impact of the Charity's operations on the community and the environment, The desirability of the Charity maintaining a reputation for high standards of business conduct and, The need lo act fairly Thi$ has been achieved through the application our Mission Statement. Strategies and resulting action plans as sel out bekiw. MISSION STATEMENT To inspire all in our Josephile, Georgian Famlly to b8 the vary best version of Ih8mselve$. STRATEGIES TO ACHIEVE THE PRIMARY OBJECTIVES The annual objectives are derived from the Sl George's Weybridge Strategic Plan, which has a 3-year horizon. While the objectives change from year lo year, they a￿ underpinned by the folk)wing themes.. Ethos Cultuffj & Pa8loral Care, Academic, Enrichment, People, Financial Health, and Community. The primary strategic focus for the period.has been ensuring financial resilionce over the ¢oming years in the face of significant cost pressures and economic and political instability. This has been done against a backdrop of not compromising the a¢ademi¢ excellence and pastor81 provision, which remains Central lo our identity and mission. We have also welcomed a new Junior School Head, Dan Jameson. who has hit the ground running and is formulating his own vision and direction for the continued development of the junior school. A large number of improvements or refurbishments have been carried out to enhance the student experience, including the Sixth Form Cenlre, Ihe Music Recital Room, the Cricket Pavilion, as well as Junior SGhool and College Receptions. A new artificial cnckel wicket has been installed al the College. Partnerships with local slate schools, particularly the Bourne Educallonal Trust and the Lumen Learning Trust, have continued lo expand and develop over this period, including awarding two further Transfomalional 8ursarie8 to sludenls from our partner schools from September 2025. ACHIEVEhlENTS AND PERFORMANCE Progro88 wgainst Annual Obloctlv Obj•¢tive: Progms: Implement Government po11cy VAT policy hag been successfully implemented. The Èchool maintained regarding VAT on school fees in I strong communication with the parent body throughout. The school such a way as lo protect parents as l rnuch as possible whilst preserving sought lo shield parents from the full impact by absorbing some of the cost, through prudent cost management and financial planning the School's fi'nancial future. Page 7 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2025 Obj•ctiv•: Effect a smooth transition of Junior School headship betNeen Antony Hudson and Dan Jameson at Easter 2025. .PvogrBss'. Dan Jameson is naw in place. The transition was Smooth and Involved a detalled handover. 11 was supported by an experienced and enabling Executive Leadership Team. Review and agree an appropriate IT strategy for the Junior School which complements the College student one-tovone iPad deployment. The JS IT Strategy is now agreed arsd being implemented, en8uring targeted technology education through each Key Stage through a range of hardware and sothvare, alongside pupils leaming how to use technolTrJy safely and appropriately. Rovl•w of Achlevomfrnt• and Performan¢• lor tho Ye•r Ac•d•mlc Academic achievement at the College has been exceptional Ihis year, with 8tudents excelling across disciplines and national Qompelilions. The College was ranked in the top 2.5% of schools nationally lor v8lue4dded progress, a testament to the effectiveness ol 118 teaching and the ambition ol its students, Students earned medals in th8 Biology, Chemistry, and Physic8 Olympiads, and excelled in the UKMT Maths Challenge8. In Modern Languages, students impressed in Oxford University's translation and e55ay competitions. while Computing students performed strongly in the Bebras Coding Challen9e. Teams of girls entered the GAIN Investment Challenge, showcasing Strategic thinking and financial acumen. The Exten8ion Programme offered enrichment across year groups, With projects on robolu. architectu￿, con$eNalion, and global citizenship. Highlights included visits to Wisley, Bletchley Park, and Runnymede Council, as well as workshops on World War I medicine and astronaut training. Slud8nts delivered presentations on topics ranging from Gothic poety lo suslainabla design and participated in public speaking ¢¢)mpetslKtrns such as the ESU Mace and Churchill events. Digital Teaching and Learning transformed classroom experiences, with students using iPad$ to Create multimedia projecls in subjects such a5 Biology, English and Music. From video news bulletins on Ma¢beth to collaborative research on eye disorders. lachnology enhanced engagement and deepened understanding. The Schol8rs' Festival celebrated academic. artists'¢, and musical excellence. with P￿sentatIOnS, performances, and exhibitions across departments. The Co118ge was awarded the Graydin Tree Award for ils coaching proyramme, recognising its commitmenl'to embedding coaching across staff, students, and the wider community, Throughout the year, students have demonslraled intellectual curiosity, resilience, and a commitment to excellence-qu81ilies that define Ihe academic 8th05 of St George's College. At the Junior School, a¢ademic enrichment has been a key focus, with pupils engaging in projects. competitions, and digital learning. Proje¢l-Based Learning Clubs foryears 5 and 6 explored real-wodd questions, encouraging Critical thinking and collaboration. Maths and STEM club5 helped pupils apply classroom learning to practul challenges. Year 4 participated in Maths Challenge and STEM Projects, while selected pupils joined external workshops such as the A.l.M. Maths Day. Two teams competed in the SATRO Challenge, with one placing second in the Area Heat. Quiz Club events included general knowledge, maths, and SGIen￿ compety'tions. Pupils also took part in the Tormead Trivia Showdown, developing quick thinking and teamwork. Page 8 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2025 Oigital ￿arnIng expanded with iPads introduced in Years 3 and 4. Pupils used apps like Britannica School, Canva, and Freeform for research and creative tasks. Year 6 launch8d a Stop Motion Club, and Year 4 explored video editing and music creats'on. Lower Years used iPads for numeracy and communication, including recording number bond explanation5 using Seesaw. Pupils also learned healthy screen habits an¢J desbgned animated infographics lo promote them. Mu•ie Music has been 2 cornerstone of College life this year. with Sludents participating in a wide range of perfomiances, ensembles, and academic a¢hievem8nts. Highlights included the Festival of Nine Lessons and Carols, Requiem Mass, anil the charity concert on Sl Joseph's Day, which featured len ensembles and a communal performance of the school hymn. The House Music CompelilKJn celebrated Musical diversity, with JJ Breen named Young Musician of the Year. Lunchtime Lives concerts provided infomial plaffomis for performance, and ABRSM exam results were outstanding, with multiple Students achieving Merits and Oislinclions. Music played a Central role in lituryical events such as the St George's Day Mas$ and Leavers. Mass. The Josephite Schools Music Trip lo Belgium offered international performance experience. while the Evèning Recitsl and Scholars, Festival, showcased the breadth of musical talent across genres. Music has been equally a vibrant part of life at the Junior School, with puplls from Years 1 to 6 pafticipating in choirs. ensembles. and instrumental learning. The Summer Ensembles Concert featured Premier Strings, Orchestra, Brass and Woodwind Engembles, and choirs, showcasing collaboration across year group$. Solo perfomiance was celebratetj al the Summer Solos and Singers Concert, with pupils from Years 3 10 6 performing confKlenlly. GO Week included a Year6 ooncert at Christ the Prince of Peace Church, live-streamed lo care homes and attended by parishioners and parents, Lower Years pupils look part in their own Summer Concert, Year 1 played re¢ordei8 and Year 2 pertormed on ukuleles, supported by Lower Years Choir and Percussion Ensemble. The Junior Schi)ol hosted children from Cardinal Newman and Pyrcroft Grange for a joint choral event, wlth over 120 children Singing together. A new event saw College pupils p8rform for Year 2, introducing instruments they will learn in Year 3. The Junior Choir gave a final performance at the Weybridge SUmn￿r Fair, ending the year on a high note. Sport Sport al St George's College ha5 flourished thls year, wllh sludenls demonstrating exceptional commitment, skill, and sportsmanship aeross a wide range of disciplines. Over 740 students repregenled the College In fixtures, with every First Year pupil participating al least onGe. In rugby, the 1 sl XV reached the semi-fi'nals of the RFU Nat￿nal Schools Vase, while Rugby 7s teams competed strongly in the Rosslyn Park Nats'onal Schools 7s. Girls, hockey was 8 Standout, with the U16 team crowned National Champions and the U15 team finishing as runners-up. Boys. hockey teams also excelle¢J, with the 1 st Xl earning a National Bronze and Silver across competitions. Indoor hockey teams were Surrey and Regional Champions, with the U18 boys finishing as National Runners-up. Netball saw over 20 teams competing weekly, with multiple squads qualifying for Surwy Finals. Tennis teams achieved county su¢ce55, including the U18 Girls winning the Surrey League and strong performances al the ISTA Championship5 Cricket expanded impressively, wlh over 250 fixtures played and the U14A Girls crowned Surrey Champions. Rowing continued lo thrive. with medal-winning performances al regional regattas and representation al Henley Royal Regatta. Athletics squads qualified for the ESAA Track & Field Cup Regional Round, and individual alhlele5 earned England vests. Sports Oay concluded the year with record-breaking performances and spirite¢J House compets'lion. Sport at the Junior School has been a central part of pupil life, with a strong focu8 on participation. enjoyment. and achievement From Nursery to Year 6, pupils have engaged in a wide range of physical aclivilies. developing skills, confidence, and teamwork. In the Lower Years, children began with Fundamental Movement Skills, progressing lo structured PE and Games lessons a5 they moved up the ￿h0O1. Pupils were Introduced to loolball, hockey, rugby, cricket, gymnasb'cs. and cross country, with an emphasis on trying new sports and building ￿S111enCe. Football was a standout this year. All Upper Years pupils ￿presented the school, with the U9 boys remaining undefeated and the U11 boys reaching the Surrey FA Cup quarter-finals. The U11 gids were crowned IAPS Regional Champions, and the U10 girls won the Surrey FA Cup. also remaining unbeaten. Page 9 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2025 Hod(ey brought further succe88. The U1 IA boys and girts won regional titles, with the boys finishing third nationally and the girls naffowly missing out In the national quarter-finals. These achievements reflect the dedicatson of pupils and staff, and the school's commitment to excellence. Year 6 pupils attended a Hockey Masterclass al the College, coached by Olympian James Albery. Over 60 pupi18 look part, gaining valuable experience and inspiration. Leadership was also a focus, with 24 Year 6 pupils completing Sports Leader training. The TCS Mini London Marathon saw 240 pupils participate, setting a record and raising funds for the Feel Good Friday Colour Run. The House Sports Days, held across len events, ensured every child had the chance to represent their House. These evenl8 were keenly contested and cebbrated with great spirit. Art The Art Department at the College has delivered a year of creativity, innovation, and thoughtful expression. Students explored diverse media and themeg, from Gothic poelry-inspired projects to digital compositions addressing climate change. The Summ8r Exhibition, held in collaboration with Design and Technology, showcased outstanding work from Fifth Year and Upper Sixth students, Throughout the year, students engaged in projects such a8 map-based al￿rks, archileclural studies, and expressive sculpture. The House Art Mural Competition, integrated into Sports Day, brought together students across year groups lo create large-scale collaborative pieces on the themes of inclusivity and collaboration. These murals will be displayed throughout the coming academic year. Art Scholars contributed to the Scholars. Festival, presenting work that demonstrated both technical Mastery and conceptual depth. The department's integration of digital tools and traditional .1gchniqu88 has empowered students to explore their creativity with confldence and originality. Art at Sl George's Junior School has been a joyful and creative part of the curriculuffl, engaging pupils from Nursery to Year 6 in a wide range of artistic experiences, From early mark-making to more refined techniques, pupils have explored colour, form, and lexlure through both guided and independent work. In the Lower Year8. children have enjoyed 9ensory-rich activities Such as finger painting, collage, and seasonal crafts. Thes8 experiences have helped develop fine motor skills and introduced pupils lo the expressive possibilities of visual art, Many projects have been linked lo classroom topics. allowing children to reinforce their learning through creative explorab'on. AS pupils move into the Upper Year8. their artistic practice becomes more structured. They have experimented with perspective, shading, and composition, using m8tefials such as walercolours. pastels, and digital tools. Lessons have encouraged puplls to lake creative rlsk5. reflect on their choices, and refine thelr techniques. Cross-curricular links h8ve remaine(J strong, with pupils producing 8thork inspired by history, literature, and Science themes. Displays throughout the school have showcased pupils, work, celebrating a wide rang8 of styles and approaches. These exhibitions have helped foster pride and confidence and have contributed to a visually stimulating $¢hool environment. Art has also featured prominently in the cor 60 stsc 8ludenls alongside 11 visiting puplls from Jubilee High School. The College supported drama productions al Salesian School by loaning costumes i and staging resources each lem, coordinated by SGC staff. Arranged by the Drama I department as part of Theat￿ in Education and Enrichment Week al the College, a | group of drama students hosted performances al local prlmary 8chool8. The Junior School organised an activity morning for 30 Year 2 pupils from local slal8 schools, offering 8POrt and Forest School experience8 led by staff and older pupils. Sl George's Junior hosted Elmbridge and Runnymede District football matches and i training for U11 girls and boys, with pupils from across the borough benefitting from i coaching and competitsve play. The Year 2 Football Tournament brought together pupils from SGJ, Holy Family, St Charfes Borromeo and Cardinal Newman ￿h0o15, raising funds for pansh charities through refreshments and hospitality. The GOALies training programme, involving SGJ and St Charfes Borromeo pupils, i used team games and wellbeing WOfkshop$ to help children develop resilience, ¢onfi¢Jence and peer 8UPPOrt skills. St Charles Borromeo pupils were able lo hold their annual Sports Day using St George's facilities, supported by SGJ staff and transport. Al the College. 24 Year 7 pupils undertook Surrey County Council'5 Bikeability training on sile, equipping them with essential road safety skills. To St Charles Borromeo Catholic Primary School, the use of space and facilities lo hold the Sl Charles Sports Day in Juty 2025, Including staff support in the event set l up, management and event clean up, and minibuses to Ir8nsport thg children to and from the event. To Chertsey High School, the use of space and facilities to hold the Chert5ey High School Sports 08y in July 2025, Including Staff support in the event set up, managemenl and event clean up. | To Salesian School, the use of space and facilities to hold the Salesian Sports Day j I In July 2025, including staff support in the event set up, management and event clean I Page 15 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2025 A¢tlv.lty_ To the Lumen Learning-Trusi, the use of space and iaciliiie5 to hold the combine(I Sports Day for five l¢)cal Prfmary schools Echelford Primary. Walton Oak, Darley Dene, Saxon Primary. and Riverbrldoe Primary. l An ongoing Reading Schem8 iniliab've with Jubil88 High School where 20 Sixth FO￿ students are helping JHS Lower Years Students. Support to Affiliatod O¥•rn•as Schools The Congregallon of Josephites operate and hnance the running of seven schools in Ihe Democrab'c Republic of the Congo. St George's Weybridge makes a direct financial contribulK>n to the schools on a termly basis. Parents, stsff, and students undertake further fund-raising on an ongoing basis. Total raised 2024125 £28k (2023r24 £27k) Advan¢•m?nt ol R•llglon Both schools are used free of charge by local parishes for 8Ctivili&s such a8 retreats. st George's makes its facilities available annually, free of charge, lo host the confinnation of students of all Catholic p8ri8heB in the Deanery. Support to Oth•r Chaflt108 The College sile hosts The Clubhouse Project, a charrty which provides a day centre for young adults with leaming digabilities. Mon-Fri, 50 weeks per year. Opportunities are provided for some of the clienlg to carry out jobs in the School as part of their 8tsmulalion and development. Annual collections for the Salvation Amiy, Walton & Hersham Foodbank and The Passage involvèd all staff and pupils. supplying e8senlial food and clothing lo families and homeless individuals In the local area. Fundraising aclivilies. includin9 a Home Cbthes Day, Cake 88le and book sale, raised £6.500 for charitable caus88. Junior School pupils WOrt(8d weekly at the Salvation Army Toddler Group and Abbey Chase Care Home, engaging in gardening. play and entortainmant to support vulnerable families and residents. Music and art project5 enabled pupils to share their talents, including a concert at Christ the Prince of Peace Church, streamed lo four caffj homes, and an art and conservab.on project displayed locally. St George's Junior School hosted the sUr￿Y Se8￿h and Rescue AGM and a Ir8lning day, donating staff lime and facilities lo support this vital emergency service. To the Wey Landscape Partnership, the provi5i0n of meeting facilities. To the Salvation Army, regular donations to the local food bank from both staff and sludenls. To the Salvation Army. maintenance * the local food bank involving gorting, painbng and gardening. i The provision of meeting and training facilities lo the Samaritans for volunteertraining sessions. Page 16 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2025 Actlvlty.._ oe8crip.tion To the Whileiy Homes Trust, gardening, the preparation and delSvery of a treasure hunt and spending time with the residents of Huntly House. l To the Whitely Homes Trusl, provision of entertainment to the residents ol the Eliza Palmer Hub in the form of a raffle and musical pertormance. To the Whitsly Homes Trust, gardening, putting and a p￿nIC with resKlents. i To Suffey Care Trust, the provision of meeting and training facilities to h09t an annual tsvo-day training session for volunteers. To Calm Charity, Ihe donation of all fund8 raised from a charity Iijolball match organised and hosted in memory of an ex-sludenl. Use of facilities, football pitch, and toilet and changing facilities, as well as Duty Offi'cer support provided. Support to the Wlder Communlty In partnership with Elmbridgecan and the Epsom Refugee Ne￿ork, 40-50 Sixth Form students provided one-lo-one weekly tutoring for displaced teenagers, with the school funding £1,000 worth of textbooks, The College hosted revision and careers workshops for displaced students, helping 10 young people with GCSE Maths. English and futu￿ planning. A Ihree-day summer camp for 20-22 displaced teenagers, run with the Big Leaf charty, was supported by staff and 10-15 Sixth Form pupils. offering social, leadership and ￿reational opportunities on sile. The JS is expect8d to peTmrt of the playing fields for parking for the Weybrid9e Ladies Amateur Rowing Club annual ￿gatta The Sixth Fom host a social evening each week attended by a group of refugees housecl in tsvo hotels in the local area, one in Kingston and the other in East Hofsley. Minibuses are provided by the school and driven by staff volunteers. This is in collaboration wilh local charities, Elmbridgecan and BigLeaf. The K&nnedy Club was the BBC'S Make a Difference award winner in 2023. The College organi$es an annual week-long pilgrimage to Lourdes lor several local disadvantaged people. Sixth Formers act as young helpers and staff allend, in their own lime, as adult helpers. AII JS Year 6 pupils and College Third Year students engage in a series of community service projects on individual days for 1 week in the Summer Term. They offer their lime for free. Staff an¢J Parent volunteers help slalf the projects, which usually include., Conservation work on Esher Common Conservation work with the Lower Mole Partnership Preparing food bags for families with Runnymede Fol￿bank DIY tasks and Arts and Craft with the Salvatson Army Volunteering in local schools, working with The Lumen Learning Trust Providing lunch and entertainment for the elderly Helping people lo learn English Helping with mass at Sl Augustine's local care home and at Chnst Prince of Peace local parish church Page17 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2025 D••cript.ion lolunteering at a local Fanr and Equestnan Centre, combinlng 8nvironrnentsl awareness and later pro(lucing artwork based on the exp8rience for display at Whiteley Homes Trust Gardening and maintenance work al a designated community si18 The students, Sl Vincent De Paul group conducts an ongoing progr8mme of visits to I local eld&rfy dtlzens. Page 18 ST GEORGE'S WEYBRIDGE ANNUAL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 JULY 2025 FINANCIAL REVIEW Resutts for the Year The School's nel incoming resources for the year amounted lo £2.2m (2024." nel incoming resources of £3.6m), This included a profil of £88k (2024.. £78kJ achieved by the School's trading subsidiary. of which £91 k was donated to the School. Fundr•i$ing Performance The School views fundraising as an important source of additional incoffE to enable fees lo be kept as low as possible and to reduce reliance on single income streams. The Iruslees are fully aware of their individual responsibility and accountability lo ensure that the School fundraises legally, responsibly and effectively. They are aware of the Charity Commission CC20 guidance and use this and the accompanying checklist lo help them evaluate the School's fundraising performance. The Development Office continues lo run an acty've communication and engagement pro ramme to the whole school community. In the year. the Development Office received £135,70012023124'. £1 9,1561 of donations. In addition. we have received £375k in pledged donations for future years. The School did not engage with a professional fundraiser in the year bul linked with tsvo commercial partlClP8lors, I,e, busin&88es who kindly provide a proportion of their revenue lo the School, The School has a published complaints procedure, available on ils website. As a member of the Fundraising Regulator, we are required to provide annual fig¢Jres on the number of complaints received dun'ng the year Inonel. Inve•tmont Poll¢y, ObJoCtlvM Ind Perfomiance The School does not have an investment portfolio. Surplus lunds a￿ managed daity by using money markets th the as51slance of the company's bankers to preserve capital. Gifts of shares ar8 liquidated upon r8CeiPt. R•s•rves Pollcy Restricted funds are, because of the Spending constraints attached to them, not available for funding the general operations of the schools. The un￿Stricted, or general, funds are expendable in accordan￿ with the objects of the School. In common with many other successful schools. these unreslricled funds, together with specific long-tem bank finance, have already been invested by the Governors in the building, development and refurbishment of school buildings and other fixed a55els used by the Schools. Accordingly, there are no current I￿e reseNes lunreslricled funds less the net book value of lixed assets financed by those funds). Given our plans for the new buildings and other capital expenditure, this nil balance is expecte'd to continue for the foreseeable future. This is in accordance with the long-term plans of the Governors for the development of the Schools and they are satisfied that the resources available lo the School Ihiough long-lerm external bank finance is adequate for ils requirements. The School and Subsidiary total ￿selVeS of £54.1m 12024 £51.9ml at the year*nd included £858k 12024.. £818k) of unspent restricted rese￿es, £184k12024.' £189kl of unresln¢led but designated funds and £53.1 m 12024.. £50.9ml of unrestricted general reserves, which after deducting investments in operational fixen on the 8ffeGtiveness of the group and parent Charitable company's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of acwunling g51imates and related éisclosures made by the trustees. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and, based on the audit evidence obtained, whether a materlal uncertainty exists related to events or conditions that may cast 8ignificanl doubt on the group and parent charitable company's ability to continue as a going concern. 11 we conclude that a malenal uncertainty exists, we are required to draw attention In our auditor's repart lo the Telated disGlosU￿S in the financial statements or, if such disclosures are inadequate. to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's Teport. However, fvture events or conditions may cause the group or parent chantable company lo cease lo continue as a going concern. Evaluate the overall presentation, Structu￿ and Content of the financial statements, including the disclosures, and whether the financial slalements represent the underlying transactions and events in rnanner that achieves fair presentats'on. Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the group lo express an opinion on the ¢onsolid8ted fi'nanci81 stalemenls. We are responsible ft)r the direcbon, supeNision and perfomiance of the group 8udil. We remain solely responsible for our audit report. We Gommunicate wbth those charged with govemance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant dehciénci88 In inlemal control that we identify during our audit. Expl•natlon a• to what •xlfrnl th• audlt w•• eon•ld•r•d c•p•bl• of deteetlng ITr•gularltlM, In¢ludlng fraud Ifregularilies, including fraud, are instance8 of nonpendilure indudes". Totsl 2026 Toial 2024 Auditols remuneraty'on.. For audll 43,507 53,065 TANGIBLE FIXED ASSETS Long Equlprnonl L•iuhold Furnltur•, Fr••hold Bulldlng• and Comput•rn, Bulldlng• Impro¥•fflont• V•hl¢l•• Tanglbl• Flx•d A••gt•. Group Fr••hold L•n Total Cost lor frozen. volu8tionl As at 1 August 2024 drtion8 in year Di¥posal• 3,825.000 17.778,180 329,126 55,882.281 187,622 9,794,142 815.018 1158.4211 68,877,583 1,311,768 158,4211 A¥ 4t 31 July 2026 3,82S,000 18,105,286 $5,849,903 1Q,460,739 8e,030.928 D•pr•clatlon As at 1 August 2024 Chargè lor p8r DIJpo8018 5.033,747 4Ce,018 20,353,932 1,588.504 7.270,S13 899,782 1156,4541 32,858,192 2,892,302 1186,4541 A• At 31 Juty 2026 0,439,783 21,940,438 8,013,841 ,394.040 N•t book volu• A• at 31 July 2026 3.626,000 12.666,623 33.909,467 2,438,898 62,636,888 As at 31 July 2024 3,825.000 12,742,414 35,328.349 2,523,629 54,219,392 Page 36 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 July 2025 8 TANGIBLE FIXED ASSETS IContlnu8dl Long Eq4ripmw( L••••hold Furnltur•, Freehold Building• and Computor¥, Bulldlnu• Improvements V•hicle• Tanglbl• Fbx•d M¥•ts- School Frè•hold Land Totsl Co8t lor frozen. valuationl As at 1 August 2024 Additions in ￿ar Disposals 3,825,000 17,776,160 329,128 55,682,281 167,822 9,702.928 815.018 1158,421 86.786,369 1.311,786 158,4211 Al *t 31 July 2025 3,625.000 18,105,286 6S,849,903 10,369,526 87,939,714 Depredallon As at 1 August 2023 Charge for year DispoBals 5,033,747 406,018 20,353,932 1,688,504 7,214,249 896,257 156,454 32,601,928 2.888,777 156,454 A• at 31 Juty 2024 6A39,763 21.940,438 7,964,062 35,334,251 N•l book A• at 31 July 2024 3,626.000 12,685,S23 33,909,467 2,405,473 62.606,463 As at 31 July 2024 3,e25,000 12,742,413 35,328,349 2.488,679 54.184.441 The School h83 •I0¢t￿, in accordanee wrth Section 35.10ldl of FRS 102, to uje tho carrw'ng v8lue on 1st Septernber 2014, the d818 ol trAn¥rtion to FRS 102, 018ny ol the abov8 freehok1 land and buikdings pr8vSously Ca￿led at a vAlu411¢)n, as th81r deemad ro•l, Induded wlhin thtr addibcns for Long Lèa8ehold Buildings and Improvements 15 £1,948.000 for wJ8ets untY8r construcllon as at 31 July 202512024. £1,858,000>, These items h8v• not b8en deprerAOt8d In the accounts. 9 INVESTMENTS Group 2025 Group 2024 School 2025 School 2024 Interest in $ub$idiary undertaking 10D 100 Total 1110 100 An Invèstment of £2,500 In thejoinl venture company was irnpai￿d in 2018. Page 37 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS forthe year ended 31 July 2025 UNUSTED INVESTMENTS {Contlnuedl 9.1 Sub¥idimry Undertaking• Th8 Schod 1QJ% 8hareholdlng. acqulre(J on 22nd February 1g99, In St George's we￿I￿d9& Enterprises Limil¢d, Company No, 03719020, Incorporated in the United Kingdom, which manage$ the cornmerual actiwties of Ihe r￿rnpanY. St George's Weybrid9• Entarprises Lirnited had 4 turnover of £479.335 12024. £463,028), gros8 profit ol £287.511 12024.. £272,897) and a proflt befor8 tax ond gift 01 £91,07012021.. £77,S781. At 31 July 2025, the wmpany hAd shareholder's funds 01 £17,92012024 £20.9131. .2 Jolnt V•ntur• The Sthod has a SO% shareholdlng acquir•d on 25th Mgrth 1994 in o Joint Venture co￿p￿￿y, St George's Wèybndge and Surrey County Tonni8 Centre Lirnitsd, Incorporated in the United Kingdom, which m8nag8s the indoor tennis contre. Joint Venture Comp8ny is managed jointly by th? company And Surrey Ccunly L8 Tennis A530ciatson which owns the other 50% Bhweholding. On 25th M8rch 1994 the Sc41tsol agreed to prcvlde land, wlh approv8101 th? Jo8ephlts Comrnunty, the freeholders. The School as the he&d leBBe holder, agTe8d to offer 8 suble83e to Surrey County Lawn Tennls A851XIBtion rth8 Surrey Trustees.) on ?Imilar18a8• t8mi3. The Surrèy Tru9t8•8 agreed to bu1￿ and fund th8 indoor tennis cantre. The Joint Venture Cornpany 18 fe5pon8Sble lor meking arr8ngementg for uaè of th• Indoor tsnni5 centre whlch, under the present agr••ment. 13 given gqually to St George's Weybridge, Surr8y Tennis Association and Ihe J¢Jinl Venture Company whi¢h ￿t8 the courts to third part*s. St George's INeybridge 8¥si$ts by mbking available its own staff to carry out the Joinl Venture comp8ny's operations. St Gaorg•'8 Weybridge is a159 reJpon8ible lor day to day maintenancè of the tenn18 centre buikling8. Any 8urplusldeficit will b8 shAr8d equally by St George'B Weybrid9a and th8 Surrey L•wn T•nnl8 A88ociation. The unaudlted result8 for the laBI tsvo y8Ar8 are as follo￿.. PROFIT AND LOSS ACCOUNT YEAR ENDED 30 SEPTEMBER 2025 2021 2024 Tumover. Cost ol SaleB Adrninlstration Depreciation Inte￿5t Receiv8bl& 42,682 38,958 130,5031 16,$391 133.1861 15.5391 540 231 Taxation ProfiVILo551 lor the year 640 231 Balan￿ brought forward 29,127 129,3581 Balance carried fomard 28,587 Page 38 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for the y•ar ended 31 July 2025 UNLISTED INVESTIIENTS Icontlnuedl BALANCE SHEET AS AT 30 SEPTEMBER 2026 1025 2Q24 FIXEO ASSETS Tangible •88•ts 21.233 26,772 CURRENT ASSETS Stod( D8btor8 Cash at bank 3,788 27,289 21,602 31.067 22,858 CREDITOR8: Amounts falling due *thin one year 121,8771 {19,5571 NET CURRENT ASSET8 9,180 3,101 TOTAL ASSETS LESS CURRENT LIABIUTIES 30,413 29,873 CREDITOR8: Amounts falllno du• In morn th•n on• y••r 104,11001 154,0001 NET LIABILITIES 123,5871 124,1271 CAPITAL AND RESERVES Share capltal Profft and Ios8 ¥ccount 6,000 128.6871 5,000 129,1271 8HAREHOLOERS' FUNDS to STOCK Group 2025 Group 2024 School 2025 School 2024 Go¢As for resale Other stod 302.629 24.807 235,650 38,535 24,807 38,535 327,436 274,165 24,807 38.535 Page 39 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 July 2025 11 DE8TORS Group 2016 Group 2024 8chool 2025 School 2024 Arnounl due fr￿ Joint Venture ccfflpar Arnount du8 frrxn subsdiary Fee debtorB Sundry debtors Prepayments gnd 8CUUod income 13.e44 13,8 13.844 221,662 ' 477,291 164,734 1 127043 2.004,474 13,800 192,073 254,889 219.022 552,899 1.232,683 477.291 180,173 1.146,964 1.818,272 254,869 227,982 584,301 1,CfjO,952 12 CREDITORS: du• wlthln on• y•Ar Group 2026 Group 2024 8chool 202S School 2024 Bank loan Advance fee scherne IN￿8 131 Pensltsn contributlons Trade ueditofs SorAal security ?ntJ othar taxation D*p08it8 Olhgr credrtorn Accruali 689,802 8.004,284 391,761 1,561,321 901.684 380,536 348,059 407,882 12.703,223 891,196 9,CfjO.298 386.557 1.195,124 412,273 351,950 315,362 305,111 12,717.B71 689,802 8,004.284 391.761 1,406,703 901,884 360,533 346,069 392,271 12,642,989 691,198 g,C60,298 38e,557 1,129.075 412,273 351,950 315,362 288,417 12,835,128 13 ADVANCE FEE PAYMENTS. GROUP Ppr•nts may •nter Into a contract lo ppy tr thair children's ￿1*'on in advanc8. The money may be rtturr*d Jublect to specific conditions on th• recelpt of CM temi'$ n¢ty.￿. Auumlng siudonts will remain in th8 sch(￿1, advance re￿ will be 8pplied as follows.. 2026 2024 After 5 years Within 2 10 S ye8r8 Within 1 to 2 years 438.181 8,003,302 4,653J66 11,594,829 975,949 9,112.10S 8.130.427 18.218,481 Within 1 year Inolg 121 ,054,284 19,649.113 9.060,298 25,276,779 Page 40 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS forthe year ended 31 July 2025 13 ADVANCE FEE PAYMENTS- GROUP Icryrtlnuodl Th8 balAnce tspr8sants the accrued liability under the contracts. The mov8ments durlng the year were.. 2025 2024 8alanco at 1 Au9usI Nèw Eontracts 20,278.779 3,197,979 28.476,76B 10,934,680 19,034,897 29.969,577 Arnounts ulilised in pay￿nt ol 18es'. To the School 18,8Z7,6481 14,171,982) Balaneo al 31 July 19,649,113 25,278.779 14 SCHOOL FEE DEPOSITS 2026 2024 Amounts due 1- 2 ye8rs'. Amounts due 2- 5 ￿ar9.. Amounts du¢ more than 5 ￿ar9.. 284,165 343,200 037.0150 1,484,41S 246,200 342,200 873,150 1.461,550 LOANS- GROUP 202 2024 kniounts due 1- 2 y8ar8'. Arnounts du• 2- 5 yaars. Amount¥ due more than 5 years.. 643,470 1,680,261 690,792 1,e86,772 535,497 2,893,061 2,208.721 The temis ol ¢h¥ loan8 aro.. 2026 R•p*yment• Includlng Int•r••t for 2026.26 Interest rato L¥nd?r li) Nat West Fixe*J Intsresl Iwwredl $91,310 li1} Nat W88t Cb418 Fixed Interest Isecuredl 160,613 lil In Jun& 2020 the charity ¢tr)k *avant8ge of the int8r09t and refinanced ￿ loAn¥ wth Nal West, ¢nsolKlating Ihem into ona. The nèw Loan is fully secured on three properts'es lone leasehold), sitèd close to tha College along with the Junior School, in line with Ihe previous 8rrangernents, (ill In June 2020, the chanty took Advantage of the Gov8rnmènt CBILS loan arrangement to gnaure Bdequats C85h 15 availab￿ during the Covid pandemi¢. Inte￿st on the loan w88 covered by the govemmgnt for 12 months. RepayThent5 cornmenced in July 2021. The Junior School slt8 provid85 security for ihis108n. This loan will b8 fully r8paid by June 2026. At 31 July 2025, the ￿rryIng value of assets F48dge¢ 88 8ecurity under th8 loan8 18 £13,110,590. 2,739,10B 169.122 2.44% 2.25% Page 41 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 July 2025 16 ANALYSIS OF NEf A88ETS BETweeN FUNDS The group's net assets belong to Ihe various funds 8B 8t 31 July 2025 as follo￿.. FIM*d N•tCurnnt A*••ts Lon9 Terni Uabllltl Fund Restrictsd lunds Designated lunds Unrestricted lund8 858.642 IB4,197 111.694,116 868,642 184,197 63,063,038 62,636.886 116,267,966) 52,636,BB8 15.267,9661 16,736,654 ￿ 64,105.777 The School'$ nel 988818 belong to tho VO￿Ou¥ fynds a$ at 31 July 2025 88 follo￿.. Flx•d A•••t• Not Curr•nt Auol• Long T•rni Fund 8al•nc•• Restricted fund$ D•8ignated funds Unr•¥trlcted hJnd8 868,542 184,197 10.707,020 868,642 184,187 63.046.216 82,eos,683 18,287,965 62,805,563 16.267,968 1e,700,35g ￿ 04,OB7,967 Th8 Group'$ net 881•ts belong to the various fvnd¥ ai at 31 Juty 2024 ag foll¢yw8.' Fixed A88ets Nel Curr¢nl Assets Long Term Llabilits-•$ Fund Bal8nc86 Restdctsd funds De519n¥ted Funds Unrestricted funds 847.329 182.755 17,246,577 847,329 182,755 50,892,877 54,219,392 120,573,092) 54.219.392 18,278,681 120,573.0921 51,922,961 Thè School's net 8sBets bèlong to the various lunds as at 31 July 2924 08 follows.. Fixéd Net Current Assets Lang Tami abilib'es Fund 8alancas Asset5 Restricted funds Designaled Funds Unr85tricted funds 847.329 182,755 17.260,615 847.329 182.755 50,872,064 54, 184,541 120,573,092) 54,184,541 18,290,699 120.573,0921 51,902,148 Page 42 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for Ihe year ended 31 July 2025 17,1 RESTRICTED FUNDS.. MOVEIIENT IN THE YEAR Balance IncomirrfJ R8sour£*s Resources ExFend8d Balanc• 31 July 2026 Trgnsfers 2024 Acttvity Centre other Capital Proj8Ct8 Residentials Fund 8ursary Fund Woolfson Scholarship 1,003 35.942 11,0031 12B,7541 41,948 49,lJ6 776,885 28.4g8 114,222 542 151709 (110.7391 780,368 29,038 868 542 140 496 8alanc8 31 July 2023 Incorning R880urc•s R¥Jource$ ExFended Balanc• 31 July 2024 Tron8fer8 Ath"vity Cent Qlher Capital ProJ8cts ResKlenlio1s Fund Bursary Fun¢J Wooll#on Scholhr9hip 1,421 11,4211 13,4991 43,383 41,948 746,813 27.965 818 161 136.312 531 140 328 11C6.2401 776,886 28,496 Activity C•ntr•.' Ftsnd raiBing lor a 8pedlic prol•¢t al th& College. Capit81 Prole¢ts' Fund raisiro for Other Capital Proj8CtB. Re¥idenlia18 Fund.. Fund raising to finance residenti818 for rhiklren in need ol flnancigl support Bursory Fund.. Alund 8Èt up to finan￿ transformationAI buwries Ifomierly the A¥¥iJled Places programm¢l Wolfson Sd)c48rBhip' For disabl8(J childron. The tranBl•r8 r8pre8enl re51rictsd funds met and therefore moved to unrè5tdctedl9eneral funds. From the livity Centr8 and Other Capital Projects in re8P8Ct ol•xp8nditure during tha year." Frcrn the Bursary Fund tp P8y thè fee8 01 one pupil on tha Tran8fDrmational Bursarles ¥therne. Page 43 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 July 2025 17.2 UNRESTRICTED FUNDS: IAOVEMENTS IN THE YEAR 2026 un￿5￿"¢ted Fund$ Designated Fund5 Re3￿Cle[j Funds Totsl Funds Fund Mov•m•nt Balance 8rought forwgrd Totsl Incoming Resource Totsl R080urces Expended Transfers 50,892,877 35,347.741 133,348,323) 170,743 182,755 31,689 647,329 151,709 61,922,981 35,631.139 {33,348,3231 130,2471 1140,4961 53,063,038 184,197 858.542 54 100,777 2024 Unre¥lrl¢t¢d Funds Designated Funds Fund Mov•menl Funds Total Ftsnd• Bolance Brou9hl forward Tot81 InrLJmiryJ Re8ourrnJ Total R•sourc88 Expended Tr¥nsfers 47.359,715 35,050,OS8 131,670,894) 153,998 189,029 38,584 818,181 140,328 48.366,905 36,228,950 131,870.8941 142,8381 1111,1601 50,892.877 182755 847,329 51922 961 Unmtrlct•d D••lon•t•a Fund• Incorning de$ignatsd funds donated In the year were 888igned tOW8r48 th¢ loll¢Jwng prlect5', vthere th? donors had expr886ed a desire Iof the funds lo go l¢)wards". . Aclivity Cantre. Bur58ry Fund Boat Club Future Capital Pr¢jo¢18 11 CONTRACTS AND COMMITMENTS 2028 £OOO• 419 2024 £OOOs 351 Authodsed and contracted Valu￿ for new build. repairs gnd r¥lurbi5hrnent. Page 44 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 July 2024 19 PENSION SCHEMES The School partiCiP8te5 In the Teachers. Pension Scheme IEngland and Wales) l tre TPS'I for its teaching staff. The pension charga for Ih8 yaar indudes contributions payable to the TPS 01 £2,774,885 12024. £2,434.2911 and at the year4nd £309.03812024.. £304.8391 was accru8d in ièspect of contr'butions to this 8cherne. The TPS is an unfun¢Jed multi-trmployer defined benefits p•nsion Btheme governed by the Teachers. Pension¥ Regulatlons 2010 las amended) and. the Teachers, Pension Scheme R8gul8ts'ons 2014 las amended). Mèmbèrs contribute on 8 'pay as you go. ba3is wth contributions fram mernbers and the employer being credited to th8 Exch8quer. Rel'rement and othar pèn8i0n benefits are paid by public fund8 providad by Padiarrent. Th? ern￿Oyer contributs'on rate is set by the Secretary el Stste foll¢wing stheme valuation5 undertaken by th• Govèrnrnent Actuary'8 Oepartment. Thg rnD5t recent actuarial vsluatson of the TPS was prepa￿￿ a¥ at 31 March 2020 gnd the V8luati¢x Report, which wa8 published in Octcb8r 2023. Following th• Meclwd judgement, the rernedy proposed that when ben8fits becom? pByable. 811g1￿e mernber5 can select lo r&c8ive thèm frorn either th8 ralormed or logaw schemes for the period 1 Aprll 2015 to 31 March 2022. The actuaries have as¥umed that rnembers are likely to choo88 the opts'on that provides thern with the gr88ter tenefits, Bnd in preporing tha 2020 valuation have valued the '9￿8ter value, benefits for group8 of relevant m•mbar8. T1￿ valuation confirrned that the employer contnbution rale for the TPS would Incrèase frcTh 23,8% to 28.6°/o from 1 ADriI 2024. Employèrs are also required lo pay a 3theme admin1stratic￿ levy of 0.08% glving tot81 •mployer contributs'on rale 0128.68Vh. The School also run$ a Schemtr for cther siaff and for taaehing stall who have OFJted wt ol TPS, which is A d•finÈd contributs'ons 8ch8rné. Thè co81 for the yaar r8pre8&nt8 the School'B contributlong to Ihat 8chgme cl £e27,66212024. £555.5571. Page 45 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for th9 year andod 31 July 2025 20 RECONCILIATION OF NET INCOMING RESOURCE8 TO NET CASH INFLOW FROM OPERATIONS 2020 2024 Net incoming re8ourceg Non-operoting cash flows eliminated.. Investment Incun8 Finance C03t3 Doproua￿.On charg8s ad¢Jed b4d( IGainllLo$s on di8P08al of tangible flx•d 8888t8 Ilncrgas¢yDo￿ase in stock Decrea5elllncre88el In d•btOryd IDeuease)Ilnue88e In ￿editOrS 2,182,815 3,556,056 1981,6821 123,812 2.892,302 14,462) 1153.2611 1767,3201 984,176 1575.1411 206.591 2,998.292 19281 116,756 882,002 1815,8211 4,388.389 6,034,295 21 OPERATING LEASE COMMrrMENTS- GROUP AND SCHOOL Th• Group & School had the loll¢)wlng eornmiirnents under norxanc•1lak￿8 operatlng leaBe¥'. Dlglt•l Équlpm•nt 2015 2024 Pffjp•rty 2028 2024 Operating lease commitrn•)ts'. Within 1 year Within 2- 5 years 12,898 59,375 9.8S 810,OIM) 864,167 889,583 1.220,000 12,096 69,271 1,474,167 2,109,583 Th• prcsJeFty le8¥918 8ubj•ct to a Tent reviewlgking •ffact Irom August 2024. rent payable18 Iho annu81 rent ¢harge under the new lerrn8 oltha K8a88. 22 ANALYSIS OF 14ET DEBT Oth•r non- Cash changes At1Aug 2024 At 31 July 2025 8shflcxws Cash •nd e•sh equlvNl•nts Cash at bank Noty'￿ d?posils Cash in hand 4,199,147 2S.454.201 1,281 29.654,629 11,341,588) 11.050.429) 1.455 12,390.5621 2,857.559 24,40J.772 2,736 27.264,067 Borrowing• Bank loans due wthin one year Bank loans due after one year 1691,1961 12,893,061) 13,584.2S71 26,070,372 690,899 15,1651 885,734 1889,5051 689,505 1689,8021 12.208.721) 12.898.523) 24.365.544 Net cashlldebtl 11.704,8281 Page 46 ST GEORGE'S WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS for the year endod 31 July 2025 23 CONNecTED CHARITIE8 AND RELATED PARTY TRANSACTION8 Mr J Hood is a director of the Joint Ventuo Company. Mr$ C Shevlin is a director olthe ￿OllY owr￿d 8ub8idiary. The congregab.on of Josephites (Chaity number 03120711 is a connecled Charty of the company. Rev M Ashcroft 15 a Trustee of the Josephita Community. TTan¥action8 wlh the$e entities Indude 2026 2024 1 Th• Congrogatlon ol Jo8ephit Jolnt costs relmbur8ed 3,263 033,861 11,158 427.000 Rent paid 2 Jolnt V•nturn St G•¢rg•'• W•ybrldg• •nd Surr•y County Tonn18 C•ntr• Llmlt•d Inv•8tmenl Amount due 13,044 13,800 3 Sub•ldl•ry St Goorg•'• Weybrldg• Ent•rprlg•• Llmlt•d Invejlmenl 100 100 Arnount du• 221￿62 163,519 91,07Q 192,073 177,280 81,272 Charge8 for rent. 3t8fTrtim• And share of overheads Gifts receivod 24 CONTINGENT LIABILITIES St George'y Weybridge recognises the *￿stenCe of rErtain contingent liabiliti¢s arising from legal cases Ihal may impact the linancAal position in the future. Theye contingent liabilities primarily involve potential legal claims and disputes that are pending against the school. The natur• of these Contingent liabilities encompasses various legal matters, induding bul not limrte¢J to employm•nl dispute¥, contractual disagreements, and other potential legal claimy. The outcome of these ca5¥5 remains uncertain, and the finanaal impact is contingent upon the resolution of these legal matt8rs. The School will continue to 8sses8 and update its estimates as new information becomes available. At the dale ofthese accounts the Governors concluded Ihat no provision for thèse ongoing cases is requir8d tsnder FRS 102. Page 47