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## 

## 

||Page|
|---|---|
|ReferenceandadministrativedetailsoftheSchool,itsGovernorsandadvisers|1-2|
|Governors'report|3-20|
|Independentauditor'sreportonthefinancialstatements|21-24|
|Consolidatedstatementoffinancialactivities|25<br>-26|
|Consolidatedbalancesheet|27<br>-28|
|Schoolbalancesheet|29<br>-30|
|Consolidatedstatementofcashflows|31|
|Notestothefinancialstatements|32<br>-60|





|||MONKTON|COMBESCHOOL|
|---|---|---|---|
|||(Acompany|limitedbyguarantee)|
|REFERENCEAND|ADMINISTRATIVEDETAILS||OFTHESCHOOL,ITSGOVERNORSANDADVISERS|
||FOR|THEYEAR|ENDED31AUGUST2025|
|Governors|ProfEGMcKendrick,Chair1,2,4,5|||
||RJPringle|(resigned27|June2025)1,3,5|
||ALyttle1|||
||CBFillingham(resigned||31December2024)2|
||E SKHubbards|||
||AJReid(resigned27June2025)1,2,3|||
||DRosser|||
||EJShaw|||
||MLSThomas|||
||MRWhite2,3|||
||SBM<br>Young1,4|||
||RevSBarnes(resigned||7December2024)|
||MSilver4|||
||JBester1|||
||JWright2|||
||1<br>Member|ofFinanceandStrategyCommittee||
||2Member|ofMonktonEducationCommittee||
||3Member|ofAllHallows|EducationCommittee|
||4Member|ofAuditand|RiskCommittee|
||5Member|ofPeopleandRemunerationCommittee||
|Companyregistered||||
|number|03228456|||
|Charityregistered||||
|number|1057185|||
|Registeredoffice|MonktonCombeSchool|||
||MonktonCombe|||
||Bath|||
||BA27HG|||
|Companysecretary|VLLocke|||
|Principal|CWheeler|BA,PGCE(resigned31/8/2025)||
|Independentauditor|CroweU.K.|LLP||
||FourthFloor|||
||StJamesHouse|||
||StJamesSquare|||
||Cheltenham|||
||GL503PR|||
|Bankers|NationalWestminsterBankPlc|||
||Bath|||
||BA11QF|||
||||Page1|





|||MONKTONCOMBESCHOOL|
|---|---|---|
||(A|companylimitedbyguarantee)|
|REFERENCEAND|ADMINISTRATIVEDETAILSOFTHESCHOOL,ITSGOVERNORSANDADVISERS<br>(CONTINUED)<br>FORTHEYEARENDED31AUGUST2025||
|Solicitors|VealeWasbroughVizardsLLP||
||NarrowQuay|House|
||NarrowQuay||
||Bristol||
||BS14QA||
||StoneKingLLP||
||UpperBoroughCourt||
||UpperBoroughWalls||
||Bath||
||BA11RG||
|InvestmentManagers|<br>LGTWealth|Management|
||OneLochrin|Square|
||92Fountainbridge||
||Edinburgh||
||EH39QA||





# 



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# 



## **MONKTON COMBE SCHOOL** 

## **(A company limited by guarantee)** 

## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MONKTON COMBE SCHOOL (CONTINUED)** 

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. 

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's report. 

## **Use of our report** 

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed. 


**Tara Westcott (Senior statutory auditor)** for and on behalf of 

**Crowe U.K. LLP** Statutory Auditor Fourth Floor St James House St James Square Cheltenham GL50 3PR 

Date: 23 March 2026 

Page 24 



||MONKTON|MONKTON|COMBE|SCHOOL||||
|---|---|---|---|---|---|---|---|
||(Acompany||limitedby|guarantee)||||
|CONSOLIDATED|STATEMENTOFFINANCIALACTIVITIES(INCORPORATINGINCOME||||||AND|
||EXPENDITUREACCOUNT)|||||||
||FORTHE|YEAR|ENDED31|AUGUST|2025|||
||Unrestricted||Restricted|<br>Endowment||Total|Total|
||funds||funds||funds|funds|funds|
||2025||2025||2025|2025|2024|
||Note|£|£||£|£|£|
|Incomeand||||||||
|endowmentsfrom:||||||||
|Donationsandlegacies|16,917||344,793||-|361,710|403,542|
|Charitableactivities:||||||||
|Feeincome|19,634,080||-||=|19,634,080|20,700,043|
|Othereducational||||||||
|income|1,947,284||-||-|1,947,284|2,025,210|
|Tradingactivities|805,932||-||-|805,932|742,523|
|Investments|273,082||52,611||-|325,693|215,049|
|Otherincome|413,225||-||-|413,225|315,634|
|Totalincomeand||||||||
|endowments|23,090,520||397,404||-|23,487,924|24,402,001|
|Expenditureon:||||||||
|Raisingfunds:||||||||
|Trading|645,903||-||-|645,903|637,254|
|Marketing&publicity|335,067||-||-|335,067|232,597|
|Financecosts|326,947||-||-|326,947|200,232|
|Charitableactivities:|10|||||||
|Costsofproviding||||||||
|education|20,852,533||577,485||-|21,430,018|21,655,968|
|Totalexpenditure||||||||
|carriedforward|22,160,450||577,485||-|22,737,935|22,726,051|





||MONKTONCOMBE|MONKTONCOMBE|MONKTONCOMBE|SCHOOL|||
|---|---|---|---|---|---|---|
||(Acompany||limitedby|guarantee)|||
|CONSOLIDATED|STATEMENTOFFINANCIALACTIVITIES(INCORPORATINGINCOME|||||AND|
||EXPENDITUREACCOUNT)|||(CONTINUED)|||
||FORTHE|YEAR|ENDED31|AUGUST2025|||
||Unrestricted||Restricted|<br>Endowment|Total|Total|
||funds||funds|<br>funds|funds|funds|
||2025||2025|<br>2025|2025|2024|
||Note|£|£|<br>£|£|£|
|Totalexpenditure|||||||
|broughtforward|22,160,450||577,485|-|22,737,935|22,726,051|
|Net|||||||
|income/(expenditure)|||||||
|beforenet|||||||
|(losses)/gainson|||||||
|investments|930,070||(180,081)|<br>-|749,989|1,675,950|
|Net(losses)/gainson|||||||
|investments|(16,463)||(5,644)|<br>(13,200)|(35,307)|223,062|
|Net|||||||
|income/(expenditure)|913,607||(185,725)|<br>(13,200)|714,682|1,899,012|
|Transfersbetween|||||||
|funds|21<br>-||21,092|(21,092)|-|-|
|Netmovementin|||||||
|funds|913,607||(164,633)|<br>(34,292)|714,682|1,899,012|
|Reconciliationof|||||||
|funds:|||||||
|Totalfundsbrought|||||||
|forward|24,759,062||734,243|933,268|26,426,573|24,527,561|
|Netmovementinfunds|913,607||(164,633)|<br>(34,292)|714,682|1,899,012|
|Totalfundscarried|||||||
|forward|25,672,669||569,610|898,976|27,141,255|26,426,573|






||MONKTON|COMBESCHOOL|||
|---|---|---|---|---|
||(Acompanylimitedbyguarantee)||||
||REGISTERED|NUMBER:03228456|||
||CONSOLIDATEDBALANCESHEET||||
||AS AT31AUGUST2025||||
|||2025||2024|
||Note|<br>£||£|
|Fixedassets|||||
|Tangibleassets|13|28,835,558||29,601,387|
|Investments|14|2,532,436||2,496,368|
|||31,367,994||32,097,755|
|Currentassets|||||
|Stocks|15|70,202|45,021||
|Debtors|16|4,717,252|1,113,167||
|Cashatbankandinhand||7,341,879|9,196,186||
|||12,129,333|10,354,374||
|Currentliabilities|||||
|Creditors:amountsfallingduewithin|one||||
|year|17|=(11,357,248)|(8,888,922)||
|Netcurrentassets||772,085||1,465,452|
|Totalassetslesscurrentliabilities||32,140,079||33,563,207|
|Creditors:amountsfallingdueafter|more||||
|thanoneyear|18|(4,998,824)||(7,136,634)|
|Totalnetassets||27,141,255||26,426,573|








||MONKTON|COMBESCHOOL|||
|---|---|---|---|---|
||(Acompanylimitedbyguarantee)||||
||REGISTERED|NUMBER:03228456|||
||SCHOOLBALANCESHEET||||
||ASAT31AUGUST2025||||
|||2025||2024|
||Note|<br>£|||
|Fixedassets|||||
|Tangibleassets|13|28,835,558||29,601,387|
|Investments|14|2,532,439||2,496,371|
|||31,367,997||32,097,758|
|Currentassets|||||
|Stocks|15|67,484|43,899||
|Debtors|16|4,653,151|959,770||
|Cashatbankandinhand||7,329,584|9,173,742||
|||12,050,219|10,177,411||
|Currentliabilities|||||
|Creditors:amountsfallingduewithin|one||||
|year|17|(11,489,808)|(8,923,655)||
|Netcurrentassets||560,411||1,253,756|
|Totalassetslesscurrentliabilities||31,928,408||33,351,514|
|Creditors:amountsfallingdueafter<br>thanoneyear|more<br>18|(4,998,824)||(7,136,634)|
|Totalnetassets||26,929,584||26,214,880|








||||MONKTONCOMBESCHOOL||||
|---|---|---|---|---|---|---|
||||(Acompanylimitedbyguarantee)||||
||CONSOLIDATEDSTATEMENTOFCASH|||FLOWS|||
|||FOR|THEYEARENDED31AUGUST|2025|||
|||||Note|2025<br>£|2024<br>£|
|Cashflowsfromoperating|activities||||||
|Netcashusedinoperatingactivities||||24|1,829,902|1,645,000|
|Cashflowsfrominvestingactivities|||||||
|Investmentincomereceived|||||325,693|215,049|
|Proceedsfromthesaleoftangible||fixedassets|||186,280|938,308|
|Purchaseoftangiblefixedassets|||||(642,283)|(789,735)|
|Purchaseofinvestments|||||(71,375)|(70,718)|
|Netcash(usedin)/provided|by|investingactivities|||(201,685)|292,904|
|Cashflowsfromfinancingactivities|||||||
|Decreaseinborrowings|||||(244,896)|(345,136)|
|Repaymentsoffinanceleases|||||(4,356)|(4,357)|
|Interestpaid|||||(326,947)|(200,232)|
|Receiptofadvancedfees|||||428,295|6,955,442|
|Release/refundofadvancedfees|||||(3,334,620)|(594,830)|
|Netcash(usedin)/provided|by|financingactivities|||(3,482,524)|5,810,887|
|Changeincashandcashequivalentsintheyear|||||(1,854,307)|7,748,791|
|Cashandcashequivalentsat|the|beginningoftheyear|||9,196,186|1,447,395|
|Cashandcashequivalents|attheendoftheyear|||25|7,341,879|9,196,186|
|Thenotesonpages32to60|form|part|ofthesefinancialstatements||||





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# 



# 

|TheSchooloffersparentsthe|TheSchooloffersparentsthe|opportunitytopayfortuitionfees<br>in|opportunitytopayfortuitionfees<br>in|advance|<br>inaccordancewith<br>a|<br>inaccordancewith<br>a|
|---|---|---|---|---|---|---|
|writtencontract.|<br>Thisistreated|asdeferredincomeuntil|thefeesfor|eachtermare||chargedagainst|
|theremaining|balanceandtakentoincome.||||||
|Incomefromdonations|||||||
|||Unrestricted|Restricted||Total|<br>Total|
|||funds|funds||funds|<br>funds|
|||2025|2025||2025|<br>2024|
|||£||£|£|<br>£|
|Donations||16,917|344,793|<br>361,710||403,542|
|Total2024||63,351|340,191|<br>403,542|||















||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2025|2025|2025|2024|
||£|£|£|£|
|Interestoninvestments|273,082|52,611|325,693|215,049|
|Total2024|142,546|72,503|215,049||
|Otherincome|||||
|||Unrestricted|Total|Total|
|||funds|funds|funds|
|||2025|2025|2024|
|||£|£|£|
|Gainondisposaloffixedassets||27,283|27,283|-|
|Rentandlettings||72,162|72,162|61,894|
|Sundryincome||313,780|313,780|253,740|
|Total2025||413,225|413,225|315,634|
|Total2024||315,634|315,634||






||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2025|2025|2024|
||£|£|£|
|Othercosts|239,999|239,999|246,583|
|Staffcosts|405,904|405,904|390,671|
|Total2025|645,903|645,903|637,254|
|Marketing&publicityexpenses||||
||Unrestricted|Total|Total|
||funds|funds|funds|
||2025|2025|2024|
||£|£|£|
|Othercosts|313,078|313,078|203,366|
|Staffcosts|21,989|21,989|29,231|
|Total2025|335,067|335,067|232,597|
|Financecosts||||
||Unrestricted|Total|Total|
||funds|funds|funds|
||2025|2025|2024|
||£|£|£|
|Discountonfeesinadvance|155,248|155,248|24,472|
|Onbankoverdraftsandbankloans|171,699|171,699|175,760|
|Total2025|326,947|326,947|200,232|






## 

|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
|||funds|funds|Total|Total|
|||2025|2025|2025|2024|
|||£|£|£|£|
|Teaching||10,037,657|554,828|10,592,485|10,786,233|
|Welfare||3,758,953|3,208|3,762,161|3,867,545|
|Premises||3,943,473|19,449|3,962,922|2,984,083|
|Support&governance||3,112,450|-|3,112,450|4,018,107|
|Total2025||20,852,533|577,485|21,430,018|21,655,968|
|Total2024||21,181,991|473,977|21,655,968||
|Summarybyexpendituretype||||||
||Staffcosts|Depreciation|Othercosts|Total|Total|
||2025|2025|2025|2025|2024|
||£|£|£|£|£|
|Teaching|7,983,096|665,772|1,943,617|10,592,485|10,786,233|
|Welfare|2,346,535|129,019|1,286,607|3,762,161|3,867,545|
|Premises|1,489,164|454,324|2,019,434|3,962,922|2,984,083|
|Support&governance|1,700,704|-|1,411,746|3,112,450|4,018,107|
|Total2025|13,519,499|1,249,115|6,661,404|21,430,018|27,655,968|
|Total2024|13,454,361|1,484,960|6,716,647|21,655,968||









||Freehold||Fixtures|Assets||
|---|---|---|---|---|---|
||Landand|Furniture|and|under||
||Building|andplant|fittings|construction|Total|
||£|£|£|£|£|
|Costorvaluation||||||
|At<br>1September2024|36,921,963|4,593,186|26,219|203,252|41,744,620|
|Additions|282,775|359,508|-|-|642,283|
|Disposals|-|(53,953)|-|-|(53,953)|
|Transfersbetweenclasses|36,621|-|-|(36,621)|-|
|Writtenoff|-|-|-|(125,940)|(125,940)|
|At31August2025|37,241,359|4,898,741|26,219|40,691|42,207,010|
|Depreciation||||||
|At<br>1September2024|8,962,202|3,154,812|26,219|-|12,143,233|
|Chargefortheyear|928,875|320,240|-|-|1,249,115|
|Ondisposals|-|(20,896)|-|-|(20,896)|
|At31August2025|9,891,077|3,454,156|26,219|-|13,371,452|
|Netbookvalue||||||
|At31August2025|27,350,282|1,444,585|-|40,691|28,835,558|
|At31August2024|27,959,761|1,438,374|-|203,252|29,601,387|






## 

|||||Assets||
|---|---|---|---|---|---|
||Freehold||Furniture|under||
||property||andplantconstruction||Total|
|||£|£|£|£|
|Costorvaluation||||||
|At1September2024|36,921,963||4,593,186|203,252|41,718,401|
|Additions|282,775||359,508|-|642,283|
|Disposals|-||(53,953)|-|(53,953)|
|Transfersbetweenclasses|36,621||-|(36,621)|<br>-|
|Writtenoff|-||=|(125,940)|<br>(125,940)|
|At31August2025|37,241,359||4,898,741|40,691|42,180,791|
|Depreciation||||||
|At1September2024|8,962,202||3,154,812|=|12,117,014|
|Chargefortheyear|928,875||320,240|-|1,249,115|
|On disposals|-||(20,896)|-|(20,896)|
|At31August2025|9,891,077||3,454,156|-|13,345,233|
|Netbookvalue||||||
|At31August2025|27,350,282||1,444,585|40,691|28,835,558|
|At31August2024|27,959,761||1,438,374|203,252|29,601,387|
|Included<br>inthelandandbuildingcostisfreeholdlandof||£275,000withinthegroupand|||£75,000inthe|
|School.||||||
|Thenetbookvalueofassetsheldon|financeleaseatyear|endwere:||||
|Plantandmachinery||||||






|14.|Fixedassetinvestments||||
|---|---|---|---|---|
|||||Listed|
|||||investments|
||Group|||£|
||Costorvaluation||||
||At<br>1September2024|||2,496,368|
||Additions|||71,375|
||Revaluations|||(35,307)|
||At31August2025|||2,532,436|
||Netbookvalue||||
||At31August2025|||2,532,436|
||At 31August2024|||2,496,368|
|||Investments|||
|||in|||
|||subsidiary|Listed||
|||companies|investments|Total|
||School|£|£|£|
||Costorvaluation||||
||At<br>1September2024|3|2,496,368|2,496,371|
||Additions|,|71,375|71,375|
||Revaluations|:|(35,307)|(35,307)|
||At31August2025|3|2,532,436|2,532,439|
||Netbookvalue||||
||At31August2025|3|2,532,436|2,532,439|
||At31August2024|3|2,496,368|2,496,371|









|15.|Stocks|||||
|---|---|---|---|---|---|
|||Group|Group|School|School|
|||2025|2024|2025|2024|
|||£|£|£|£|
||Rawmaterialsandconsumables|2,718|1,122|-|-|
||Catering,stationeryandconsumables|67,484|43,899|67,484|43,899|
|||70,202|45,021|67,484|43,899|
|16.|Debtors|||||
|||Group|Group|School|School|
|||2025|2024|2025|2024|
|||£|ra|£|E|
||Duewithinoneyear|||||
||Feedebtors|4,065,501|422,711<br>4,065,501||422,711|
||Tradedebtors|59,551|150,810|-|2,596|
||Otherdebtors|48,119|29,496|48,119|24,316|
||Prepaymentsandaccruedincome|544,081|510,150<br>539,531||510,147|
|||4,717,252|1,113,167<br>4,653,151||959,770|
||Feesinvoicedinadvanceareshownwithincreditorsandamountspreviouslyinvoicedbut notreceivedby|||||
||theBalanceSheetdateareshownaboveas|feedebtors.Thesignificantincreaseindebtorsisattributable||||
||toachangeintheaccountingtreatmentfor|autumntermfees.|Undertherevisedpolicy,incomereceived|||
||inadvancefortheforthcomingautumnterm|<br>isnowdeferredandrecognisedasa||<br>liabilityuntiltheterm||
||commencesduetotheintroductionofVAT.|||||
||Thetruedebtorpositionoffeesduethatremainoutstandingatthebalancesheetdateis£261,529(2024-<br>£422,711).|||||
||||||Page48|









## 

|Creditors:Amountsfallingdueaftermorethanoneyear|Creditors:Amountsfallingdueaftermorethanoneyear|Creditors:Amountsfallingdueaftermorethanoneyear|||||||
|---|---|---|---|---|---|---|---|---|
|||Group|Group||School||School||
|||2025|2024||2025||2024||
|||£||£||£||£|
|Advancefees(seenote19)||2,146,868|4,188,776||2,146,868||4,188,776||
|Bankloans(seebelow)||2,851,956|2,947,858||2,851,956||2,947,858||
|||4,998,824|7,136,634||4,998,824||7,136,634||
|Includedwithintheabove|areamountsfallingdueasfollows:||||||||
|||Group|Group||School||School||
|||2025|2024||2025||2024||
|||£||£||£||£|
|Betweenoneandtwoyears|||||||||
|Bankloans||222,719|381,043||222,719||381,043||
|Betweentwo andfiveyears|||||||||
|Bankloans||978,269|1,199,832||978,269||1,199,832||
|Overfiveyears|||||||||
|Bankloans||1,650,968|1,366,983||1,650,968||1,366,983||
|Thebankloansandoverdraftare||securedbywayoflegalchargesoverseveraloftheSchoolproperties.|||||||
|Theloansarerepayable|<br>inequal|monthlyinstalments,untildatesbetween|||2035and|2044.Interest||is|
|payableontheloans,oneloanat||afixedrateof2.98%,oneatafixedrateof4.24%and|||||theotherata||
|variablerateof2.15%abovebaserate.Thenetbookvalueoverwhich||||securityisheld|||is£25,462,795||
|(2024-£26,105,025).|||||||||
||||||||Page50||








||||||MONKTON||COMBESCHOOL||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||(Acompany||limitedbyguarantee)|||||
||||NOTESTOTHEFINANCIALSTATEMENTS||||||||
||||FOR||THEYEAR|ENDED31AUGUST||2025|||
|21.|Statementof|funds|||||||||
||Statementof|funds|<br>-current|year|||||||
|||Balanceat||1||||||Balanceat|
||||September|||||Transfers|Gains/|31August|
||||2024||Income||Expenditure|in/out|(Losses)|2025|
|||||£||£|£|£|£|£|
||Unrestricted||||||||||
||funds||||||||||
||Designated||||||||||
||funds||||||||||
||AllHallows-||||||||||
||Designated||||||||||
||bursaryfund||10,540||-||<|(10,540)|-|=|
||Generalfunds||||||||||
||Trading||||||||||
||subsidiary||||||||||
||companies||211,690||804,153||(804,175)|<|-|211,668|
||School||||||||||
||unrestricted||||||||||
||funds||24,536,832||21,874,134||(20,944,042)|10,540|(16,463)|25,461,001|
||Eliminatedon||||||||||
||consolidation||-||412,233||(412,233)|-|-|-|
||||24,748,522||23,090,520||(22,160,450)|10,540|(16,463)|25,672,669|
||Total||||||||||
||Unrestricted||||||||||
||funds||24,759,062||23,090,520||(22,160,450)|-|(16,463)|25,672,669|








|||||MONKTON||COMBESCHOOL||||
|---|---|---|---|---|---|---|---|---|---|
|||||(Acompany|limitedbyguarantee)|||||
||||NOTESTOTHEFINANCIALSTATEMENTS|||||||
||||FOR|THEYEAR|ENDED31AUGUST||2025|||
|21.|Statementof|funds|(continued)|||||||
||Statementof|funds-|prioryear|||||||
|||Balanceat|||||||Balanceat|
|||1September|||||Transfers|Gains/|31August|
||||2023|Income||Expenditure|in/out|(Losses)|2024|
||||£||£|<br>£|£|£|£|
||Unrestricted|||||||||
||funds|||||||||
||Designated|||||||||
||funds|||||||||
||AllHallows-|||||||||
||Designated|||||||||
||bursaryfund||10,540|-||-|-|-|10,540|
||Generalfunds|||||||||
||Trading|||||||||
||subsidiary|||||||||
||companies||(6,111)|<br>735,556||(517,755)|-|-|211,690|
||School|||||||||
||unrestricted|||||||||
||funds|22,753,757||23,984,375||(22,464,943)|175,392|88,251|24,536,832|
||Eliminatedon|||||||||
||consolidation||-|(735,804)||<br>735,804|-|-|-|
|||22,747,646||23,984,127||(22,246,894)|175,392|88,251|24,748,522|
||Total|||||||||
||Unrestricted|||||||||
||funds|22,758,186||23,984,127||(22,246,894)|175,392|88,251|24,759,062|








# 



|||||MONKTON||COMBESCHOOL||||
|---|---|---|---|---|---|---|---|---|---|
|||||(Acompany||limitedbyguarantee)||||
|||NOTESTOTHEFINANCIALSTATEMENTS||||||||
|||FOR||THEYEAR|ENDED31AUGUST||2025|||
|22.|Summaryoffunds|||||||||
||Summaryoffunds|<br>-current|year|||||||
||Balanceat||1||||||Balanceat|
|||September|||||Transfers|Gains/|31August|
|||2024||Income||<br>Expenditure|in/out|(Losses)|2025|
||||£||£|<br>£|&|£|£|
||Designated|||||||||
||funds|10,540||-||-|(10,540)|-|-|
||Generalfunds|24,748,522||23,090,520||<br>(22,160,450)|10,540|(16,463)|25,672,669|
||Endowment|||||||||
||funds|933,268||-||-|(21,092)|(13,200)|898,976|
||Restrictedfunds|734,243||397,404||<br>(577,485)|21,092|(5,644)|569,610|
|||26,426,573||23,487,924||<br>(22,737,935)|-|(35,307)|27,141,255|
||Summaryoffunds|-prioryear||||||||
|||Balanceat|||||||Balanceat|
||1|September|||||Transfers|Gains/|31August|
|||2023||Income||<br>Expenditure|in/out|(Losses)|2024|
||||£||£|<br>£|£|£|£|
||Designated|||||||||
||funds|10,540||-||-|-|-|10,540|
||Generalfunds|22,747,646||23,984,127||<br>(22,246,894)|175,392|88,251|24,748,522|
||Endowment|||||||||
||funds|926,997||-||-|(87,608)|93,879|933,268|
||Restrictedfunds|842,378||412,694||(473,977)|(87,784)|40,932|734,243|
|||24,527,561||24,396,821||(22,720,871)|-|223,062|26,426,573|








||||||MONKTON|COMBESCHOOL|COMBESCHOOL|COMBESCHOOL|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||(A|company|limitedbyguarantee)|||||
||||NOTES||TOTHEFINANCIALSTATEMENTS||||||
||||FOR|THEYEAR||ENDED31AUGUST2025|||||
|24.|Reconciliation|ofnet|movement||infundstonetcashflow|||fromoperating|activities||
||||||||||Group|Group|
||||||||||2025|2024|
||||||||||3|£|
||Netincomefor|theyear(asper||Statementof||FinancialActivities)|||714,682|1,899,012|
||Adjustmentsfor:||||||||||
||Depreciationcharges||||||||1,249,115|1,484,960|
||Losses/(Gains)|oninvestments|||||||35,307|(223,062)|
||Interestpayable||||||||326,947|200,232|
||Investmentincome||||||||(325,693)|<br>(215,049)|
||Profitondisposaloffixedassets||||||||(27,283)|<br>(404,393)|
||Decreaseinstock||||||||(25,181)|<br>18,493|
||Increaseindebtors||||||||(3,604,085)|<br>(307,018)|
||Increase/(decrease)in||creditors||||||3,486,093|(808,175)|
||Netcashprovidedby||operating||activities||||1,829,902|1,645,000|
|25.|Analysisofcashand||cashequivalents||||||||
||||||||||Group|Group|
||||||||||2025|2024|
||||||||||£|£|
||Cashinhand||||||||7,341,879|9,196,186|
|26.|Analysisofchangesinnetdebt||||||||||
|||||||At|1||Othernon-||
|||||||September|||cash|At31|
|||||||2024||Cashflows|changes|August2025|
||||||||£|£|£|£|
||Cashatbankandinhand|||||9,196,186||(1,854,307)|-|7,341,879|
||Debtduewithin|1year||||(363,645)||244,896|(95,902)|(214,651)|
||Debtdueafter1|year||||(2,947,858)||-|95,902|(2,851,956)|
||Financeleases|||||(8,037)||4,356|-|(3,681)|
|||||||5,876,646||(1,605,055)|-|4,271,591|
|||||||||||Page59|





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