REGISTERED CHARITY NUMBER: 1042857
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
FOR
THE FILMER TRUST
Cox & Co. (Accollntancyl Limited
Chartered Accountanis
The Grdnary
High Street
Turvey
Bedford
Bedfordshire
MK43 8DB

THE FILMER TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Aetivities
Balance Sheet
Notes to the Financial Ststernents
7 to 13
Detailed Ststernent of Financlal A¢tivities
14 to 15

THE FILMER TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023
The trustees present their report with the financial ststements of the charity for the year ended 31
August 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
(effective l January 20191.
What We Do
We sUPPOrt King's House School, its pupils and parents by working alone or in partnership with
others to support education, training, accommodation, bursaries and scholarships. We do so by
seeking grants and donations from third parties, and by seeking to raise funds through organised
eversts and initiatives.
Administrative Details
Charity name:
The Filmer Trust
Registered charity number:
1042857
Principal address:
33 High Street, Luton, LU4 91Y
Structure and Governance
Trustees:
Name
Date of appointment
Term
Appolntment ended
Suhalia Liaquat
Christine Sillars
Caroline Beach
Beryl Rook
David Flere
Jade Pawaar
Mahmood Hussain
Alia Bashir
Andrew Cook
Alison Clark
24/5122
2814121
1/9/20
119120
119120
816117
2614114
4111113
20/11105
2814105
Term I
Term I
Term I
Term I
Term I
Term 2
Term 4
Term 3
Term 6
Term 6
1014123
1014/23
1014/23
1014123
1014123
Structure:
The charity is controlled by its governing document, 3 Deed of Trust dated 3110/94. as amended by
deed dated 20110III, and constituted as an unincorporated trust.

New Trustees are selected with consideration of their skills, knowledge and experiences, and are
appointed by resolution passed by the existing trustees. Trustees must read and understand all
organisational policies, which reflect statutory and legal requirements and good practice procedures.
Future Plans
We have plans to-
To continue its phased upgrade and renew plan for our property and building5.
To step up our initiatives to attract further donations in support of these plans.
Strengthen our relationship with other educational institutions.
To undertake a full review of the Trust's medium to long term strategy with particular
reference to the trends outlined in the 2023 Office for National Statistics Report on National
Pupil projections, 2023-2030.
To review the Trust's objectives in light of the projected educational landscape In the
forthcoming decade.
Financial review
Reserves
Our reserves limit is currently £5000. We aim to only have an amount of reserves that is
proportionate to what is required to continue our existing operations for up to 12 months, and to
respond to any urgent operattonal needs that may arise due to unexpected financial implications.
Our reserves limit will be adjusted accordingly as our work progresses, and this will be reflected in
our Reserves Policy. Income from any sources are principally used to further our charitable purposes
and benefit those we work with.
Grants and Donattons
We are extremely grateful to those, the majority of whom have had a past associations with the
school, for making donations during the course of the year. We have begun work on assembling
digitsl database to enable us to better communicate with this constituency and plan to launch
donation campaign in due course based around our Capital Development Fund.
We also continue to receive grants in respect to EYFS provision from Luton Borough Council.
Achievements and performance in the year
Our maln objectives for 202212023 and how we performed agalnst them
Our broad objectives for each year are governed by our Strategic Plan and so change little from year
to year over the perlod of the plan. Objectives and measures of success and progress against it are
reported annually to the Trustees.
The following key objectives were identified for the year..
To liaise with the local planning authority to ascertain their views on the options we have in
terms of upgrading and possibly extending our property. A series of consultations and pre-

applications were made over a period of ten months which eventually succeeded in
indicating the best way forward which would meet with the planning authority's approval.
These plans are being further reviewed as part of the Trust's impending review of its future
strategy.
To prepare a strategic plan to assess and identify the necessary repairs and upgrades that
need to be made to our capital assets. This plan has now been completed and will be
actioned over a period of three years, 2023-2026.
To identify developments and governmental proposals in the area Early Years education
policy that might impact on the Trust's input and support. This is on-going and will be
completed during 2023124.
Strategic Priorities for 2023 ONWARDS
Our Commitment to Safeguarding
The Trust has safeguarding responsibilities in the èreas in which we work. The safeguarding policy
and code of conduct are supported by a range of policies and procedures to reduce the risk of harm
to beneficiaries, supporters, pupils, staff and volunteers. We encourage individuals to report
concerns and we recognise that there are many barriers to vulnerable people reporting abuse and
we are committed to improving reporting mechanisms. If and when concerns are raised we study
the circumstances with a view to understanding the causes and how we can take steps to prevent
similar occurrences. Staff can report any type of harassment through a number of reporting
mechanisms including a new independent whistleblowing hotline service.
Dlversity and inclusion
The Trust is committed to the promotion of equal opportunities, valuing and encouraging diversity
and the creation of an inclusive working environment for all employees and volunteers associated
with the Trust.
It opposes all forms of unlawful discrimination, including discrimination on the basis of age, sex.
marriage and civil partnershipi gender reassignment, race, disability. sexual orientation, religion or
belief, pregnancy and maternity (the nine Protected Characteristics defined in the Equality Act 20101.
Ensuring that the work environment is free of harassment and bullying and that everyone is treated
with dignity and respect is an important aspect of delivering equal opportunities in employment.
Risk Management
Our Trustees, assisted by the senior managers in the Trust, and consultants regularly review our
activities with regard to any major risks that might arise and are identifted from time to time. These
will be parkncularly reviewed against the legislative, demographic and educational trends forecast for
the period 2023-2030.

THE FILMER TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2023
REFEREIYCE AP4D ADMINISTRATIVE DETAILS
Independent Examiner
David A Cox BA FCCA FCA
Cox & Co. (Accollniancy) Limited
Charter¢d Accountants
The Granary
High Strtet
Turvey
Bedford
B¢dfordshire
MK43 8DB
Soli¢ltors
Taylor Walton
28 Alma Street
Lllton
Bedford5hire
LUI 2PL
Banker5
National Westminster Bank
81 High Street
Bedford
Bedfordshire
MK40 IYN
Approved by order of the board of trustees on 20 December 2023 and signed on its behalf by:
Dr A J Cook- Trustee
Page 311

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE FILMER TRUST
Independent ex8miner's report to the trusttts of The Filmer Trust
I r¢port to the charity trustees on my examination of the accounts of The Filmer Trust (the Trnsil for the year ended
31 August 2023.
RespoN5ibilities and basis of report
As ihe charity rrustees of the Trust you are responsible for the preparation of the accounrs in accordance wilh the
requirements of the Charities Aci 2011 I'the Act'l.
I repon in respect of my examination of the Trust's accounts carried oui under Section 145 of the A¢t and in carrying tsut
my examination I have followed all applicable Direciions given by the Chariry Commission under Section 145151(b) of
the Act.
INdepeNdent exaN]iner 5 Statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a list¢d b(Idy. l Can confimi
that l am qualifi¢d to undertake the examination because l am a metnber of the Institute of Chartered Accountants in
England and Wales, whtch is one of the listed bodies.
I have completed my examination. I confimi thai no material matters have ¢ome to my attention in connection with the
examination giving Me cause to believe ihai in any material respett..
accounting records were not kept in respeci of ihe Trust as required by Section 130 of the Aci., or
the accounts do not accord with those records; or
the accounts do not comply with Ihe applicable requirements concerning the forn) and content of accounts set out
in the Charities (Accounts and Report5) ReLJulations 2(108 other than anv requiremeni that the accounts give a
true and fair view which is noi a matter considered as pan of an independent examinaiion.
I have no concerns and have come across no other matters in connection wirh the examination to which attention Should
be drawn in thi5 report in order io enable a proper undersianding of the accounts to be r¢a¢hed.
David A Cox BA FCCA FCA
The In5tituie of Chartered Accountants in Englartd and Wales
Cox & Co. {Accountan¢y) Limited
Chartered A¢countantS
The Granary
High Street
Turvey
Bedford
Bedfordshire
MK43 8DB
20 December 2023
Page 4

THE FILMER TRUST
STATFMENT OF FI￿ANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2023
2023
Total
funds
Unrestricted
fund
Restricted
fund
Total
nds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
79,031
79.031
111.500
Charit8ble a¢tivities
Nursery grants
170.784
170.784
189.700
Other trading activities
2.330
85.569
87,919
Total
81,381
256,353
337,734
301.200
EXPENDITURE ON
Charitable activities
Nursery granis
56,822
254,776
311,598
264,649
Oih¢r
20,667
20,667
36,485
Total
77,489
254,776
332,265
301,134
NET INCOME
Oth¢r re¢ognised gains/{losse5}
Gains on revaluation of fIxed a55e15
3,892
1,577
5.469
66
350
Net mowemenl in funds
3,892
1.577
5,469
416
RECONCILIATION OF FUNDS
Total funds brtsLtbJht forward
840.884
369,454
1.210,338
1,209.922
TOTAL FUNDS CARRIED FORWARD
844,776
371,031
1,215,807
1,210,338
The notes fomi part of these financial statements
Page 5

THE FILMER TRUST
BALATr4CE SHEET
31 AUC.UST 2023
2023
Total
funds
2022
Total
funds
Unr¢stricted
fund
Restricted
nd
Notes
FIXED ASSETS
Intangible assets
Tang?ible asseis
Invesiments
50.002
953,654
138,?91
50,002
953,654
138,291
50,002
970.294
134,970
1,141.947
,141,947
1.155,266
CURRENT ASSETS
Debtors
Cash ai bank
78,496
78,496
371,031
101.995
365.008
371,031
78.496
371.031
449,527
467,003
CREDITORS
Amounts falling due within one year
{375,6671
(375,667)
(411.931)
NET CURRENT ASSETS
(297.171)
371,031
73,860
55,072
TOTAL ASSETS LESS CURRENT
LIABILITIES
844,776
371,031
1.215,807
1.210.338
NET ASSETS
844.776
371.031
1,215,807
,2 50.338
FUNDS
Unrestricted funds
Restricted funds
844,776
371,031
840,884
369,454
TOTAL FUNDS
,215,807
1,210,338
Th¢ financial statements were approved by the Board of Trustees and authorised for issue on 20 December 2023 and
were signed on its behalf by..
A J Cook- Trustee
The notes forni part of these financial siaiements
Page 6

THE FILMER TRUST
NOTF.S TO THE FINANCIAL STATF.MF.NTS
FOR THE YEAR ENDED 31 AUGUST 2023
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the chariry. which is a public benefit entity under FRS 102. have been prepared in
a￿Ordance with the Charities SORP IFRS 102) 'Accounting and Reporting by Charities.. Ststement of
Recommend¢d Practice applicable io Charities preparing iheir accounts in accordance with ihe Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 2019),.
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Charities Aci 2011. The financial statements have been prepared under the hisiorical cost
onvention. with the exception of investments which are included at market value. as modified by the revaluation
of certain asseis.
IncoEn¢
All income is recognised in the Siatemenl of Financial Activities once the charity has entitl¢ment to the funds. It
is probable that the income will be receiv¢d and the amount Can be measured reliably.
Expenditure
Liabilities ar¢ ￿CognISed as expenditure as soon as there is a legal or constructive obligation committing the
charity to that exp¢nditllre, it 15 probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured re1141bly. Expendilure is accounted for on an accruals basis and has
been classified under headings that aggTegare all cosi related to the cateL70ry. Where costs cannot be directly
attributed io particular headings they have been allocated to activities on a basi5 consistent with the use of
r¢sources.
Grants offered subject io conditions which hav¢ not been met at th¢ year end date are noted as a commitment but
not accrued as expenditure.
Goodwill
Goodwill is in respect of the a¢quisition of a business in 1995 and was writt¢n off over 20 yeaTS. The written
dowry) value is £nil.
TAngiblt fixed assets
Depreciation 15 provided at ihe following annual rates in order to write off each asset ov¢r it5 estimated useful
Improvements to property
Fixtures and fiiting5
20/0 on cost
15 % on reducing balance
Taxation
The charity 15 exempt from tax on its ¢haritable aciiviiies.
Fund accounting
Unrestricted funds can be used in a¢cordance with the charitable objectives at the discretion of the trust¢¢s.
Restricted funds can only be used for particular resiricted purposes within the objects of the charity. R¢strictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the natur¢ and PUTpose of each fvnd is included in the note5 to the financial statements.
Hire purcha$¢ and leasing eommitm¢nt$
Rentals paid under operating leases are charged to the Statement of Financial Acriviiies on a straighi line basis
over the period of rhe lease.
Improvements to property
The revaluation on ihe improvernents to property have been taken to the statement of financial a¢tiviiies in 2016.
The revaluaiion was based on a valuation for insurance purposes provided to the frnstees.
Page 7
continued...

THE FILMER TRUST
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR F,NI)LD 31 AUGUST 2023
OTHER TRADING ACTIVITIES
2023
2022
Fundraising events
Nursery fees
2,350
85,569
87.919
TRUSTEES, REMUNERATIOiY AND BENEFITS
There were no trustees. remuneration or other benefits for the year ended 31 August 2023 nor for the year ended
31 August 2022.
Tru5te¢5' expenses
Ther¢ were no
trnstees. expenses paid for the year ended 31 August 2023 nor for the year ended
31 August 2022.
COMPARATIVES FOR THE STA TEMENT OF FINANCIAL ACTIVITIES
UnresifiLied
fund
Restricted
fund
Total
fund5
INCOME AND ENDOWMENTS FROM
Donations and legacies
111,500
111,500
Charitable activities
Nursery granis
189,700
189,700
Total
11,500
189.700
301.200
EXPENDITURE ON
Charitable activities
Nursery grants
62,621
202,028
264,649
Other
36.485
36,485
Total
99,106
202.028
301,134
NET INCOMEI(EXPENDITURE)
Other reeoEnised gginsI{105ses)
Gains on revaluation of fixed assets
12.394
(12.3281
66
350
350
P4et movement in funds
12,744
112,328)
416
RECONCILIATION OF FUNDS
Totsl fund5 brought forward
828.140
381.782
1.209.922
TOTAL FUNDS CARRIED FORWARD
840,884
369.454
1,210.338
Page 8
continued...

THE FILMER TRUST
NOTES TO THE FINANCIAL STATEMENT8- continued
FOR THF YEAR ENDED31 AUGUST 2023
INTANGIBLE FIXED ASSETS
Patents
and
licences
Goodwill
Totals
COST
At I Septernber 2022 and 31 August 2023
180,000
50,002
230,002
AMORTISATION
At I Septeniber ?022 and 31 August 2023
180,000
180,000
IYET BOOK VALUE
At 31 August 2023
50.002
50,002
At 31 August 2022
50,002
50,002
TANGIBLE FIXED ASSETS
Improvemenis
io
property
Fixtures
and
fitt￿￿#$
Tota15
COST
At I S¢pt¢mb¢r 2022 and 31 August 2023
1,103,963
40.016
1,143,979
DEPRECJATION
Ai I September ?022
Charge for year
137,140
16.119
36.545
521
173,685
16,640
At 31 August 2023
153,259
37,066
190.325
NET BOOK VALUE
At 31 August 2023
950,704
2,950
953,654
At 31 August 2022
966,823
3,471
970,294
FIXED ASSET INVESTMENTS
Shares in
group
undertakings
MARKET VALUE
At I Septeinber 2022
Revaluations
134,970
3,321
At 31 August 2023
138.291
NET BOOK VALUE
At 31 August 2023
138.291
At 31 August 2022
134.970
There were no invesim¢nt assets outside th¢ UK.
Page 9
C4)n¢inued...

THE FILMER TRU
NOTES TO THE FINANCIAL STATF.MF.NTS- eontinued
FOR THE YEAR ENDF1131 AUGUST 2023
FIXED ASSET INVESTMENTS- continued
Cost or valuation at 31 August 2023 is represented by-
Shares in
group
undertakings
Valuation in 2023
Cost
3,321
134,970
138,?91
The Filmer Trust holds IOOO/o of ihe shares in KHM Education Ltd. The net assets of KHM Education Ltd at 31
August 2022 were £137,941 (2020.. £134.6201. The Trustee's consider this io be fair valuation for 2023.
The Filmer Trust holds 100% of the share5 in KHM Preparatory Schools Management Lid KHM Educaiion Ltd.
The fair value of ihe investmeni, in the opinion of the Trustee's Is represented by the amount paid for the
acquisition which is £350.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20?3
2022
Other debtors
Prepayrnents and accrued income
35,880
42,616
47.105
54,890
78,496
101,995
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Bank loans and overdrafts (see note 101
Other creditors
368,107
7.560
380.892
31.039
375.667
411,931
10.
LOANS
An analysis of the malurity of loans is given below=
2023
2022
Amounts falling due within one year on demand..
Bank overdrafts
Bank loans
Other loans
367,689
418
378,110
2,782
23,178
368,107
404.070
Page 10
niinued...

THE FILMER TRUST
NOTES TO THE FINANCIAL STATEMENTS- eontinued
FOR THF. YEAR ENDED 31 AUGUST 2023
ii.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.8.23
At 1.9.22
Unrestricted funds
General fund
840,884
3,892
844,776
Restricted funds
Nursery EduLation
369,454
1.577
371,031
TOTAL FUNDS
1.210.338
5.469
1.215,807
Net rllovetnent in fund5. included in the aix)ve are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unre5tri¢ted funds
General fund
81.381
(77.489)
3,892
Restrieted funds
Nursery Education
256,353
(254,776}
1,577
TOTAL FUNDS
337,734
(332,2651
5.469
Comp#rstives for movement in funds
Net
movemeni
in fvnds
At
31.8.22
At 1.9.21
Unrestricted funds
General tuiid
828,140
12,744
840,884
Restricted fund5
Nursery Educaiion
381,782
{12.328)
369,454
TOTAL FUNDS
1.209,922
416
1,210.338
Page 11
continued...

THE FILMER TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2023
MOVEMENT IN FUNDS- continued
Comparative net moveTnent in ￿nds. included in the above are as follow5.'
In¢oming
resources
Resource5
expended
Gains and
losses
Movement
in fvnds
Unrestricted funds
General fund
111,500
199,106)
350
12.744
Restrieted funds
Nursery Education
189,700
(202,0281
{12.328)
TOTAL FUNDS
301,200
{301.134)
350
416
A eurrent year 12 months and prior year 12 months ¢ombined positjon Is a5 follows..
Net
movement
in fvnds
Ai
31.8.23
At 1.9.21
Unrestricted funds
General tund
828,140
16,636
844,776
Restricted funds
Nursery Education
381,782
(10,751)
371,031
TOTAL FUNDS
1.209,922
5,885
1,215,807
A current year 12 months and prior year 12 months combined nei movement in funds, in¢luded in the above are
as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted fund5
General fund
192,881
1176.595)
350
16,636
Restricted funds
Nursery Education
446,053
(456.8041
(10,751}
TOTAL FUP4DS
638,934
(633,399)
350
5,885
Page 12
continued...

THE FILMER TRUST
NOTES TO THF. FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED31 AUGUST 2023
12.
RELATED PARTY DISCLOSURES
The Filmer Trust ha5 paid £Nil (2022.. £49,000} in grant5 to KHM Education Ltd, a company wholly owned by
The Filmer Trust.
The Filmer frust has paid £254.776 (2022.. £147,515) in grants to KHM Preparatory Schools Manag¢m¢nt Ltd,
a company wholly owned by The Filmer Trust.
Page 13

THE FILMER TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR FNDF.D 31 AUGUST 2023
2023
2022
INCOME AND ENDOWMENTS
Donation5 and lega¢ie$
Donations
79.031
111,51N)
Other trading #ctivities
Fundraising events
Nursery fees
2,350
85,569
87,919
Charitable aetivities
Granis
170,784
189,700
Total incoming resourees
337.734
30 1,200
EXPENDITURE
Charttable aclivilies
Grants paid out
258,606
210.902
Other
Other operating leases
Rent payable
Write off other loans
25.885
17,960
(23,178)
35,435
1.050
20.667
Support COSts
Management
Rates, water & power
Insurance
Advert15Lng
Sundries
Repain & renewals
Professional fees
Bank charges
Computer & Software
lrnprovements 10 property
Fixtures and fittings
4,139
8.897
182
4,039
8,226
4,499
3,493
195
15.797
21,654
395
2,328
16,119
612
16.119
521
51,907
55,499
Finance
Bank interest
Bank loan interest
506
213
1,228
506
1,441
Other
Impairment losses for tangible fixed assets
(3,321)
(6.1931
This page does not fomi part of the statutory financial stsiernents
Page 14

THE FILMER TRUST
DETAILF.D STATF.MF.NT ()F FINANCIAL ACTIVITIES
FOR THE YEAR EYDED 31 AUGUST 2023
2023
2022
Other
Governance £ost5
Ac¢ountan¢y
3.900
3.0(M)
Total resources expended
332.265
301.134
Net income
5.469
This page does not forni part of the statutory financial staiements
Page IS