TIVICKEN'HAN,I PREPARATORY SCHOOL
(A Conipniiy l.1niiled b), Gulli'iiiit¢e)
REPORT AN'D fip4ANCiAL STATETIqENTS
FOR THI;, )'EAR ENDED 31 AUGUST 2024
Coinpaii), Niimbei.: 3475951
Regisicrcd Clithi'ily ]Yuniber: 1067572
NU
NWllNlll
*AOY8SW3•
1410312025
COMPANIES HOUSE
A11
#173

TMIICKENI.IAM PREI PARATORY SCHOOL
REPUR'I. I,"IIN'ANCIAL SiTATEN.IENTS
roR"1"14L YE.41l li.N'DLI D 3J AUGUST 2024
CONTENTS
Pnge
DireLlor5' report
liidepeiidenl auditor's report
siatemenl of finai)cial aclivilies
Balance sheel
Casli tlow siaieiiici)I
14
Chaiiges in nei debi
Noies io Ilie finai)cial siaiemeiils
16-26

I"IVICKE( ￿'H.4￿1 PREPARATORI, SCHOOL
DIRECTORS, REPORT
I.-OR THE IIEAR ENDED 31 AUGUST 2024
Tl)e Dii'eclors preseni Ilieii. ai)Jlll411 repoi'l lor ihe yel4r ei)ded 31 Augusi 2024 ui)der il)e Conipaiiies Acl 2006 aiid the
Charilies Acl 1993. iogeil)cr ii'iili Ihe Jiidiied finaiicial siaiemenis foi. Ihe year, aiid coiifirni Iliat Ilie latler eonii)ly iiiiili Ihe
requirei)ieiiis of ille Coinpaiii¢5 Aci 2006, 11)e Coiiipany's Ai1icles of Associaiioii, Il)e Cliiiritie5 Aci 201 l and Ilie Charilie5
SORP (FRS 102).
IiEFEREh'CE AND ADIlqlNISTRATIVL INFORN'IATior4
DIRECTORS
The Directors of ihe Coinpaiiy. Ivho are also the charily trnsiees k)i)d ihe Goveniors of ihe School, who senied during Ihe
year aiid subs4ueiiily were..
Mr Hnrrv Bales
Mrs Jessica A Hrfirvey
Mrs Seana C Ball
Mrs Kalpaiia Bhalla
Mr Philippe L Buron
Mr5 Elizab¢tli M Fcrgusoii
N4iss Barbara A Flighi
Mr Paul J Kenny
Mr Andreiv J Murray
Ms D Jane O'connor
Mr5 Ros411yii S Oli)ey
Mr5 N Gillian Ivanns
Mr Heniy IVan)er
(ChAirnian)
(Deputy Chairn)ai) ii*iih effecl froni 26 Oclober 2023)
(Appoinied 27 Sepiember 2023)
(Appointed 18 Seplember 2023)
(Appoinled 21 Jiiiie 2024)
(Appoinlcd 8 March 2023)
(Appoii)ied 26 Jui)e 2024)
KEY MANACEIlqE]YT PERSONNEL Ab'D PROFISSIONAL A.DIII.8F.R.S
14EADIIIASTER
Mr Oljiier Barr¢ii
IiEI' NIANAGENIENT PERSON'NEL
K¢y n)ona8emcnl persoiiiiel iiic141d¢ Ili¢ H¢adm8sler and six menibers of th¢ Seiiior Leadership Tearn.
BAiYKERS
Barclays Baiik pl¢
Onslow Hall
Liiile Greei)
Richmond
Surrey
I"M19 IQS
AUDITORS
Haysmac LLP
l O Queeii Streei Place
Loi?don
EC4R I AG
SOLICII"ORS
lealc Wasbrougli llizards LLP
Narroiv Quay House
Narroiv Quay
Bristol
BSI 4QA

'rMIicKEh'HAfvI PRLPARAI'ORY SCI4OOL
DIRECTORS, REPORT {¢oiilib)iJcd)
FOR TIIE I'E.4R ENIDED 31 AUCUST 2024
STRUCTURE, GOIICRh'AINICI=. AND N'I.4N'AGEh'lETr4"r
Tii'ickeitham Pr¢paraiory School (I'PS) Ivas loiiiided ii) 1969. Tlie School 15 Iiicorporaled as a Coinpanv Limiicd by
Guardiiiee dnd is a iegisiered cl)arily. Iiiiniber 1067572. Its regisiered COTI)pan)' iiuinbei- is 3475951. The Registered Office
and address ol Ihe scljool is IK 143 14igh Sireei. 14ampioii, Middlesex, TW12 2SA.
During Ille year, Ihe Conipan)tr ivas govemed by lis Articles of Associcltion iiihich ii.'ere modenlised in 2019 10 reflecl
changes iii legisliilion, besi practice in ihe charities and indepeiideili scl)ool seciors, aiid the Inaiiner in ivliich the charily 15
gov¢rn¢d aiid operaies in praciice.
The Dir¢cior8 al'e elecle(l ai a fiill r)irr.c,Ini'%' Me.e.ling 01) the sis oftheir eligibility, P8rr4onal coii)pclencc, Jpccialisl skills
and local ai'ailabilily. Neil, Goveniors are inducied into Ihe ivorkings of Il)e School, and also ofil)¢ Company as a regisiered
Charit}'. All Goiiernors are encouraged io aiiend relevant Iruslee Iraining opponuiiilies.
The Direciors n)eei as ¢1 ]30¢lrd ai least iliree limes a Jieni. 10 deierniiiie the gener<il policy of Ihe cliariiable compxiiy aiid io
revieiii lis overall mJiiagemenl and conlrol. for iiihich ihey are legally responsible. Sub-comiiiiiiees of Ihe Board ¢oinprisiiig
DireGiors, (ogeilier iviih soine kes1 manageinenl persoiu)el represeniaiioii, also meei Ai leasi ihree limes a year or as required
io underlake more detailed rcvieivs of opernlional mai)¢igemeiil' iliese coiiii)iiiiees report direcil), io tlie Board aild mak¢
reconiniei)daiioiis for Board approval. CU￿¢1111Y, Ihere hre four sub-coiiiniiitee5 of ihe Board.. Educalion; Finaiice. Risk
aiid Sii'aiegy. 01)d Preinises. The Hielfare aiid safely of tl)e Scliool comn)unily is of parainouiii importance a scliool
Healih ai)d 88feiy ¢on)miiiee, comprising employees nnd wilh Director represeniaiion, reporls lo ihe Risk and Siraiegy
Committee.
The dny-lo-day ruiu)iiig ofil)¢ School is delegaied io ilie Hendniasler supported by Il)e Seiiior Leadership Team and 108eiher
Ihis groLIP ¢lre Ilie key n)8iiagemeni perqonnel. Ilemuiieraiioii is sei by the Board, iiiiih (lie policji objective of cnsuriiig
appi'opriate iliC¢lilives 10 eiicoura8e eiiliajiced pei'forniance ai)d rem'ai'ding individual coniribuiioiis io ihe Scliool's succe.s8.
The approprialciics5 aiid rclev4iic¢ of Ihe pay i)olicy is revieiiied a1￿UallY iiicludiiig refereiice lo coniparisor)5 Ivill) oihei.
ii)depciideiil scliools io eiisure Iliai ive rei)iain seiisilive lo Ihe broader issues of Pli y Jnd employnieni coi)diliotis wiihiii (he
se¢ior. Deliver), of ihe Scliool's charitable vi.sion aiid purpose is primai'ily depeiideni 01) oiir key Inanageinenl personi)el.
siaff cosls are Ilie lar8CSI 5ii1gle eleineiit ofour cliariiable expeiidiiure.
OUR AINIS
The objecls, a5 s¢1 out iii Ilie Articles of Associaiioii adopled on 7 November 2019, arc lo advan¢¢ educaiioi) in¢ludiiig (bul
iiol liniiled lo) Ilic proiiisioii of a school or schools in Greai Brilain. Thcse updated objccls clarify the chariiabl¢ pury)os¢
aiid ivill lllloiii ille chariiy 10 fiJril)er lis purposes for the public beii¢fil in a bro<ider maitsier.
Our visioi) siaiemeni is..
' W¢ will eiiable each child 10 ihrive personall)1 socially and acAdemieally, preparii)E ihen) for ihe future by creatin8 an
Ciiiiiroiwicnt thai pronloies wellbeii)g, eiicoura8es curiosil Ji ai)d ¢elebraies iiidividual success.
Ve aim lo provide a r￿st-clasS ¢du¢aiioii iiiiihiii a slruclured ¢nvironnieiil Il)at dei'elops oiir piipils, capabilities,
conipetenGes aiid skills eiiabluig Ihem io fulfil Ilieir poleiilial. We i)roinoie ihe acadeinic, nioral liiid physical deiielopmeiii
ofour pupils through our acadei)iic cun'iculum, pasior£il caie. sporiiiig aiid oilier acijiiilies. Ille aciively 5e¢k to build pupi Is,
self-confldence and resilieilce ai)d lo inculcate iii iheni a desire 10 coi)IribLiie 10 Ilie u'ider communiiv. In so doiiig, aim
io prepare our pupils for ihe opporluiiities, responsibililies and experieiice of laier life.
OUR OBJECTIIIES
Our objeciives are sei 10 reflecl Ihe educic lion¢l1 aims aiid eihos of ihe School.
li) seiiii)g our objeciives aiid planniiig our aciivilies, ilie Direciors li<ive giveii careful consideraiioii to Ilie Ch41rily
Coinni issioii's piiblic benefil guidaiice.

TIVICKLI N'HAM PRLI PARATORI, SCHOOL
DIRECTORS, REPORT (continued)
FOR THE I'1,=.4R ENTDID 31 AUGUST 2024
OUII OB.I[I CTIIIES (contiiiued)
Key objeclives for ihe year ivere..
Acadeniic ai)d Pastoral
To ii)Iroduce Ilie Prc-Sei)ior Baccalauieale (PSB) ciii'riculuni foi. Year 7 ai)d 8 piipils togeilier M'illi Bring I'our
Om'ii Devic¢', ei)¢ouraging collaboraiive aiid bi'oad Icaming opportuniiies iii preparation for ihe rransiiion lo
sei)ior school-
To implemenl an enhanced BOUNCE programme, in¢ludiiig iraii)ing for siaff, Ivorkshops for pareiits and a
planned sequeiice of aciivilies for Year 3 10 Year 8.
To appoint Ic Inember of sl1< ff lo lake on Ihe rolc of senior mental health lead, coinpleiing the ne¢essar)i triining
10 suppon pupils and slafr;
To revieiv diver5il)' aiid iiiclusion ai ihc school, iiicludii)g rec￿ll1￿¢nI, leadership ai?d the cuii'iculum:
To iniprove ilie provisioii for our mole able pupils il)rough esiabli511iiig Slaff specifically rcspoiisible foi. Gified
and Taleiiied pi'ovisioii across ihe Prep ai)d Pre-Prep)
To progress Il)e siraiegic plcll)ning for the school and subsequei)Ily coniplele a iiihsier planning exercise for th¢
school sile ii) liiie with ihose airns.
To revieiv remuiieration of siaff ii)cludiiig flexible bei)efilS and pensioii provision.
Community
l o ¢oiiiinLie. lo dei'elop (lie priiiciple of, ini'olv¢m¢iil for all. anil eiigageiii¢i)i M'ill) Ilie local coiiiiiiunily, iiicludi118
riirilier collaboraiioii and shared use of faciliiies, i)arlicularly wilh local Slalc schools and14amplon and RiGhiiiond
Borough Fooiball Club
'I'o eiisure Ihal il)e Scliool lias a stronger presence locally and regionally Il)rough iniliaiives ivhi¢li see ihe
esiAblishiiieiil of lii)ks Miiili Ilie local coll￿1Vill1Y and associalioiis, Ivhilst usii)g Inai'keliii8 iii a iargeied ni41liner lo
share iiemis aboiii S¢l)001'8 paitnerships and cl)arilable work.
Iiifraslruciure
To continuc rcfvrbishmci)l of the S¢hool and upgr<idin8 of equipmei)l includiiig Ilie lighiiiig and audio-visual
equipment in (he School Hall and the fvriher reduclion of carbon enii5sions i0￿1￿rdS nei-z¢ro.
REVIEIII OF ACTIIIITIES AN'D AC141EVEIIIENTS
Strateglc aild curriculum aclivliies Jild iichievemenl$
Tlie Scliool successfully iiiiroduced a neil, digi1411 curriculuni for ihe Seiiior Prep pupils, Ulilisin8 ll flexible Briiig I'OUT
Oivn Device (B YOD) programme to co171pleinenl ihe iniroduciioii of the Pre-scnior Bacealaureale (PSB). This frameiiiork
for ieachiiig and leaniiiig places Strong cmphasis on developiiig a ivide raiige of 5ki115, inGluding collal*)raiion, crealivily
aiid leadership, across Ihe 5ubj¢cis. Aloiigside (his programme our studenls undellook PSBQ projects, exploring a iheme
iii detail and preseniiiig Iheir final projecls lo demoiislrale depih ofknoivledEe and ihe abilily lo evaluate and revieiy.
Tlie BOUNCE progrnftime saiv iivmerous Iraiiling sessioiis for Ihe siaff aild pareiils, along Iltiih ilic iiilroduclion of a liosi
of online resources. Alongside iliis, our ￿17001 iioiv has a Seiiior Menial Healih Lei¢ d and Menial Healil) Champioiis litho
oversee ivellbeing iiiilialive5 aiid Iraiiiing for pupils, Slaff aiid parei?ts. Coiisiderable steps have been iaken Lo revieiv our
pproach to Equality, Diversily nd Inclusion (EDI) aiid fijrther workshops For Ihe children have inGliided Ih05e on public
speaking ￿7}d confideiice, ii,hilsi curriculum revieivs h4iVC helped upd471e our resources. Sii'ale8i¢ plaiiniii8 s¢ssioiis have
beeii uiidenakeii iiriih siaff cind goiieniors iviih Ihe ii)ieiition of devising a iieii, 6-year pl<in in 2024-25.

TIIIICKII NHAhl PREPARATORI, SCHOOL
DIRECTORS, RCPORT (conlittue(l)
FOR THF I'EAR FN'DED 31 AUGUST 2024
R.FI/IEIII OF ACTIIIITIES AI*D ACHIEIIETh'IENTS (contijiiied)
Strategic dild etsri'iculum activities iijid AeliSev£meiil¥ (coj)tiJiiied)
Ac#demic #cliieveiiieiils
I i) (lie Earlv l'ears Fouiidaiioi) S"iage (EI'FS), Il)e children niude excclleiil progress iiiiili ouicomes signilicaiiily above
i)Mlional llnd local aii¢i'il8eS for Ihosc pupils rcacliing Ilicir early leaniiiig goals. This year the scliool agaiii 11 chieved an
excelleiii sel of resiilts fron) Ilie senior scl)ool.s' ei)Iraiice exaininaiioiis. Tlie 37 pupils in Year 6 iv¢re awArded a suin loial
of 28 scholarships io a wide range of schools, including I l Acadeniic, 9 Sport, 2 Drama and 6 Ari aivards. 920/0 of ihe
puiiils acliiev¢d an offer ai their firsi-cl)oice school Dnd inany achieved muliiple ofters. I'he 13 boys in Year 8 M*¢re aiitarded
3 scholarsliips, l in Mu5iG, l Academi¢ and I Sport.
Co-curriculRI' u¢tiiiitie$ lllld llthieveiiients
During ¢he year pupils panicipaled in maiiy inier-school iouniamenls wilh coiisiderable success and our spons iour saiii
'ear 5 aiid 6 girls Iliid Ycar 7 aiid 8 boys h&id io Eindhoveii in the Neiherlands lo Ii'<iin aiid play conipeiiiively. in hockej,
ai)d fooiboll. Pupils i)articipaied in a iipide range of ucliviiies iiiiih Ihe main sporis for boys beiii8 looiball, rugby aiid
rickei iiiith squasli 471)d padel for seiiiors aiid neiball, hockey and crickei for girls. Boys ai)d girls also represenied the
s¢liool iii aihleiics, Iwnnuig i)nd smiimniing. Illiihin ihe curriculLim. siiiimmiiig ilisli'uclioii moved io our lo¢al pool iii
Hoinpioi) and iloiii focuses on Ihe Yciir 3 aiid 4 Cohorts. The Prep spofls dfiy ilias agciin held al the Elmbridg¢ Xrel Leisure
C'ei)Ire and pupils beiiefiiied fi'om the speciiilisl aihleiics fi¢ cilily ul a highly successful eveiil.
Oiliei. netlvliles ￿1)d nchici'cmeiit¥ to support ille S¢liool
During lh# year, 5els of iPad d¢iti¢es ivere purchased for the Prep pupils, alloivin8 diem to be used across a wide range uf
subjecis. A large illslallaiioii projeci iii Ilie maiii liall look place, fcaluring 4 iieiv screen. coi)n¢ciivity and eithaiiced audio
vliich lills been used for presenlalions, assemblies and ivorkshops.
PUBLIC BENEFAT
Tl)e Directors confinn Ihal Ilies, have cornplied ii¢jil) Ihe duty in seciion 17 of Ihe Chariiies Act 2011 lo have due regard 10
Ihe public benefil guidaiic¢ piiblished by il)e Charily Coiiin)issioii iii deiem)inii)g the aciivilies uiiderlak¢n by Ihe ¢hJril<ible
onipaiiy.
Tlie School is regisiered wid) Schools To8¢ihei'. p iv¢bsil¢ foNni n)aiiiiaii)ed by Ihe liidepeiideiit Scliools Couiicil in
collaboralioii iviih Ihe Departmeiil foi. Educaiioi) lo higlilighi (he projecis aiid parliierships ivlii¢h currenily exisi betiveeii
our school aiid mainiaiiied scliools or comrnuiiiiy groups.
We VlUViLl¥ our fiiLililies for use by l>i'emier holiday ¢oinpS and Liiile Kickers looiball club ai 5ubsidiscd r¢i)Ihl (or ihe
benefit of Ilie local communily as well as our own families.
Illldeniiig public oeeess to the Scliool
We 5¢ek lo granl meaiis-lested bursaries 10 ividen public access lo t]ie Scliool ivilliin Ilie constraints of available funding
lid as ai)propriaie 10 a scI)ool of ils lype and size. Iii fuiidiiig oui. aiiiiill'ds, Ive al'e i)iiiidful Iliai w¢ Iiiusi eiisure equil),
belllieeii fee paying parents, many of whom niake considerable personal sacrifice5 to fund their ¢hild(reii)'s educaiion, and
those benefiling froiii Ihe aivards. Ive ar¢ also I'esponsibl¢ for ensurii)g Il)e oiigoing finJncifl15uslain4bility of Ihe School
aiid Ihe developmei)l of our facililies 10 reiiiain i?Iiracliiie iii a coinpeliiive nill rkel. Wiihiii these ¢oiisiraiiiis, fui)diii8 for
bursaries 1( lid Iilloivances repi'¢seii(ed 0.6•/0 (2023.. 2.70/0) of gross luilioii fee income ii) Ihe <1cademic year 2023124.

THIICKEINIHAII,I PREPAIi4TORI' SCHOOL
DIRECTORS, REI)ORT (contiiiiied)
roR 1'14E I'EAR Eh'DFD 31 AUGUSI. 2024
PUBLIC BENEFIT (¢oiiilnued)
Illideiiing publi¢ a¢¢¢ss to the S¢liool (¢oiitiiiued)
Iii conjLIIIClioi) Iviih (h¢ Loi)doii Borough of Richjnoiid upoi) Thanic5, Ihc School also operai¢s ihc Eui'ly Educalioii l=ui?ding
Illillrfllive foi. eligible pupils in Iheir Rcccpiion year.
Fostering liijks lylth tlie local con)munit)'
The School conlinues 10 priorilise buildiJi8 Slrong Goniie¢iioiis Kiiith the local cominunily.
Our siudeiiis have mainlaiiied active engagemeni ii'iih lo¢al sporliiig facililics throu81) established P14 rtnerships uiiih
Kempioii Cricket Club, as ivell as through 1¢ Cliviiies ai Coleis and ITnber Court Sports Clubs. Poiverleaguc Feliham, and
Sunbury Leisure Cenire.
We offer u r#i)gc of eKlracuryi¢ul?r clubs and aclivilies beyoiid scliool hours, Inany of which are provided al no extra cost,
ii)cluding a B Teakf¢lS1 Club. In respons¢ (o ihe needs ofour coinniunily, iiie have ¢xpai)dcd our ivrap-around care services,
iiiith coverilge Iioiii fjiiiailable from 7..301lin to 6..30pni on iiieekdays. Our afier.school care has been outsourced io a specialisi
provider io beiier serve iiiorking Plireiiis. Addilioiially, Ive coi)linue io operaie lionie-lo-school aild school-lo-honie minibus
5ervi¢es for Ihe coi)veiiience of fainilie5.
Pgrtnersliip oppoj'tuiililes
Whilst pai-liiersliip oppoi'lunilies 14 I'e lin?iied for a scliool of OLir size lind profile, Ive al'e delighied lo offer tNSET iraini118
opportuiiilies 10 local siaie schools ivhenever Il)e opponunily arises. Our spor15 can)ps ni'e opeii lo local pupi15 lo 4llend.
Siafl meiiibers at the school hold p05ilioiis al local 511$ Ic schools Ths 8oveiiiors, sharing iheir expenise.
ChArity siipport
l)upils a¢liv¢ly issisi local aiid naiioi)al chnrilies by ui)dcrtokiii8 a Iiumber of fiindraisiii8 iniiialives, This year, donaiions
iotalling £6,164 iY¢re n)ade lo various local ai)d iialioiial ¢hFJrilics iviih a further £1.299 donalcd lo A Ii'i¢an Visioii Malaivi
(for Soi)giiie School). Household esseillials hav¢ b¢eti doiiaied 10 Hygiene ilk. The School also sponsors a child liiiing
iii Ugaiida ihrough ihe Compassioii UK charity. and pupils CO￿espond iiiith our bei)eficiary and seiid gifts. Ille are also
forging new liiiks willi pupils from Soiigivc School aiid corresponding iiiiih PLipils there. A pupil drivel) iniliaiive lo raise
¢harilable fui)d5 Ilirough various house enten)ris¢s has been introduced. in ilie year Concorde raised £313 for Saiie ihe
Rainforesl, Apollo raised £290 for B11 iiersea Dogs ai)d Cats Honies. Firebird raised £263 for Water Aid aiid HRrrier raised
£226 for Magi¢ Bus,
Our pupils have also doiie charii¢ible ivorks ouiside school hours, raising nioney for worthy causes. Meinbets of Slalf held
tt coffee iiiomi118 in aid of Nlacinillthi) Caiicei. Siippori and they <ire also ii)volv¢d iii local chiircl) conimunilies aiid Fores(
School courses for youth carers iii il)e Richmoiid Boi'ough. Iii April, nearly all siaff participaled iii a Palace 10 Pala¢e ii'alk
rrom Windsor Castle lo Haniplon Coun Pal¢ice raising over £7k for our local Shooiin8 Siar Hospi￿. This ivas an aniazing
fe8( aiid 511f ff ii-.¢r¢ graieful for all the support given by fri¢iids, family aiid the TPS coniniuiiity.
FINANCIAL REIIIEIV
The School had nei iiicome for tlie year of £170,480 (2023-. £178,989) Ivl)icli have been added lo resorvcs. Tli¢ Direclors
consider Iliis a posilive oullurn.
Ai 31 Augusl 2024, tl)e Scl)ool had reseTh¥es of£3,500,919 of ivliich £4,000 are rcslricted fuiids. Witli the agreemeiil ofthe
Paren(s' Coini)iiiiee, Ilie resiricied funds ii'liicl) iiiere origiiially donated iowards tl)e developnieiil of groLiiid5 ai 51 High
Sireei Jre i)oiii planned 10 be allocaied ioivaffds the upgrade of Hall media equipnienl. The uitresiricled funds of £3,496,919
arc all iiive51ed, iogeiher ii'iih baith borroivings, in ihe fixed asseis of £3,359.944.

I"IIIICKENI'HATh,I PREVARATORY SCIIOOL
DIRECTORS, REPORT (eontiiiucd)
FOR'fHI I'E.4R INDLI) 31 AUCUSI" 2024
I,-INANC IAL REI IIIEII, (coiitiuucd)
'I"lie School is iii 50uiid fiiiaiicial liealih. ii."iih seciire fiiiaiicial rnaiiagenieni. The Direciors h¢ive regularly revieived the
rinaiici<il perlonnaii¢e Ihroughoul the year and coniii)ue io nioniior Closely the curreni econoniic climale.
REI SERIIES POLICI,
The Direciors regularly revieiv tlie l¢vcl aiid nalur¢ of Ihe rc5¢rvcs of Ihe Sclii)ol, aiid ihe reserves policy is revieived
nnually.
I"lie DireLiors aim 10 niainiain 11 n aiiiiual operaiing Surplus lo finance Cl4 pilal expendi￿re on in)provii)g biiildings,
equipmeiil lind oilier facililies and io ¢reaLe a small Cl)aritv reserve.. This enables ihe Charily lo provide a consislenily higli
qualily of education to the public and io Ineei conliiigencies. 'I'he Directors recogiiise ihai Ili¢ level of free reserves (as
defiiied bv the Charily Coinmission) nuciuiiies iiiiih iniiesin)ei)i and building aciivilies and thai al pres¢nl Ihe free reserves
are i)e8aiive. The School fini¢ lices ihe d(iy-lo-day op¢r4iiions of Ihe School ilirough ek)reful Cllshlloiv miiiiagen)ei)i and Ilie
Dire¢lor5 are salisfied Ihal Ihe net ass¢lS lire sufficient io meel ilie Coiiipany's obligalioiis and future slralegy.
RISK fvIANAGETrIENT
The Board COllliiiue5 10 keep Ilie Scllool's aclivilies under r¢vieiv. parlicularly ¥viih regard lo liliy rnajor risks ihai niay arise
from linie lo lime, aiid lo Inoniloi. Ili¢ ¢fle¢iiveness of the sysiem of ii1ieni<il controls &iiid oiher viable means, including
insuraiice covei. Ivl)ere appropriaie, b51 which the risks idenlified by Ihe Dir¢¢iors Can besi be niiligated. A Risk Coinii)iiiee,
ooinprisiiig D?recioi's 21 lid siaff aiid reporiiiig directly lo the Borfird, moiiilor5 risk and coniplian¢¢ and the l-lumai) Resources
aiid Coiiiyliaii¥¥ 0￿}Cer furil)er supports this rolc.
Risk asse%si)ienis are in place and al'e bein8 Inainlained for all aspecls of the School's a¥livilies aiid operations. During Ih
year. speeialist sofiiiiare has beeii implemeiiied io eiisure GoiisisicnGy in risk assessmeiils aiid 10 assisi in ihe n)iligfl1ion Hnd
conlrol of risk ihroughout the scliool. Del4iiled coiisideraiion of risk is delegaied to oiher conimiiiee5 as appropri8le •i)d
includes revieii, of reports from senior managemeiil and independent professional advisors. A reiiieiv of risk managemeni
pro¢esses is undertuken by d)e Board.
Tl)e ISI Regulatory Compliatic¢ iiispeclion in March 2022 ivas a detailed review of all aspecis of Rcgulalioii aiid
Compliaiice aiid ¢oiifirnied il)a¢ ihe School niel the regulatory siandards in all areas.
Key are￿# of risk are seen lo exist in the folloiving areas, common lo all indepeiidenl schools:
Goveniiiice includii)g coiiipliance iviih applic¢ible I'egulalions ¢ind l¢gislalion',
Fiiiancial conlrol.
DisJsier planning;
Loss of repuinlion;
Healih aiid 5afcty' aiid
R¢cruilmeiil and releiitioii of pupils giveii economic condilioiis.
All aspecis of ih¢ quality of e4ucaiionAI pi'OVlSlOTi aiid Uie liealili and iv¢ll-b¢iiig of boili siaff and pupils have been giiien
v¢ry carcfiil consideratioii 10 eiisure coinplimiice iiiiili governmeni guidelines. The Fiiiaiice Comiiiiiiee ¢oiilinues to moniior
Ilie fiiiai)cial siliiaiion closel>i iii ordei. 10 (ake decisive 4cLioii if r¢quir¢d.
In asgessiiif> risks, Ihe Boic rd has in place key conlrols ihai in¢liide.'
Fomi£il mecl)aiiisins for Ilie opei'aiioi) of the Bo41rd of Governors.
Tem)s of refer¢iice for all commillces.
Close per5011al iiivolv¢meiil of the Dircc(ors iii Ihe activilies of Ihe Scliool.
C'omprehensive siraiegic plannii)g, budgeiii)g and a¢¢ounling procedLires-
Fom)al ivritien policies <ind proceduTes-
Reiiieiv ai)d developinei?i of the curriculum ttiid ¢xlra-curricular ac(iViiies' and
Earlv ideiilificlltion ofstaffiiig needs and professioi)al developmeiit opportuiiiti¢s.

TVIIICKEIN'HATrI PREPARATORI, SCHOOL
DIRECTORS, RCPORT (coiilinued)
FOR TFII I'EAR EN'DEI D 31 AUGUSI. 2024
RISK h'lANAGEfvIEN"I" (coiiliniied)
'rhrough ihe Slntegic plaiiJiii)g proGess. specific risks facing Ihe School have been idei)lified 1¢ S..
Poienlial resiruciLirii)g of seiiior school admissions.
Poieiltial preference foi delayed eiitry lo independent school educaiioi).
Sigilificani iluinber of schools in Ihe area,.
Poieniial renioval of cl)arituble inx bei)efils; Hi)d
The affordabilily OF f¢¢s given economic coiidilions including Ihe iniroduciion of V A T and Ihe aboliiion of
busiiiess raies relicf
Tl)ese specific risks arc beiii8 nddressed Ilii'ough iiivesinieiil throu81)oui Ihe school aiid largeled niarkeiing, aloi)g ii'iih a
projeci lo re8ear¢li lind desiEII A iieii, s¢hool iipebsile. We seek 10 slreiigihcn our admission 'lisi.s furilier. pii'li¢ularly for
eiiiry lo Rec¢plioii. I'eai. 3 &1)d Year 7, by oflering ai) ouisiaiidinB educaiion. Gonvenieiil transport provision. includi118
exiensive minibus provision, and ivrap around care.
Through ihe risk managenienl processes eslablishcd, Ihe Dirc¢iors Are saiisfied ihai ihe major risks have beeii ideniified
and appropriniely miligaled. Hoivever, il Is rcco8iiis¢d that s)Isiems can only provide reasoiiable bul noi absolule J5surance
Ihai major risks l)ave bceii adequale1￿ nioiiaged.
PLAN'S FOR FUTURE PCRIODS
The School is commiiied lo mainlRinii)8 liigh slaiidards ii) all 1$ fc¢lS ol school life. Durii)g the neademic year 2023-24, Ihe
Dii'e¢lOI'S iogeil)er ivitli Ilie 14eadiiia51er aiid od)er seiiior leaders and siakeholders collaboraled lo advance Ilie School's
visioii aild stralegic plai) for (lie mcdiuin iemi.
Key objeclives for Ihe next academic year iii¢lude:
Fii)alisiii8 a Iieiv slrJlc¥i¢ plaii lor ihe scliool coveri118 ihc i)exl 6 yC¢irs li) consuliaiioi) wilh 8oiiernors, Ihc
leadership group aiid senior Slaff,.
Desigiiing and 11¢ Ul)Ghing a iieiv school iitebsiie eiicapsulaling the school eilios, objectives aiid edueaiional
offerii)g',
Broadeiiing Ihe areus scrvi¢ed bv Il)¢ school Iniiiibus roule5 iii Il)e moniiiig and evei)ii)gs;
Reviemping Ihe PSB curriculuni aiid eiisuring Ihnl Ihis mceis (lie requirenieiiis of seiiior schools in lenn5 ofsubjecl
01)porivniiies and depih of kniowledge"
Enhaiicing Ihe IT provision through furthei. purchases of mobile d¢vi¢¢s for Prep pupils.

'I'IIIICKEN'14AM PR.EPARATORY SC1400L
DIRECTORS, REPORT {coiilii)ued)
FOR THE YEAR EINIDED 31 AiiGUST 2024
STATEMENT OF DIRfcTOIIS' RESI)ONSIBILITI rs
'l)e Direciors al'e re5poiisible foi. pi'epJriiig Ilie Dir¢¢iors' Ilepoi'l aiid Ilie fiiiancial siaieiiien15 iii aLcordanLe M'ith applicabl¢
law and regulaiioi)s.
Coiiipi4 1)y laiv rvquires Il)e Direciors io prepare fii)ancial siaieineiiis for each fmai)cial year. Under ihai laii, lh¢ Dir¢¢lors
have elected io prepare ihe fii)ancial slaiemei)Is in accordance ii'iih Uniied Kingdoni Generally Aecepied Accouniing
Pi'aclice (Uniled Kingdoii) Accoiii)ling Siandiirds i?iid api>licii ble laiii). Ui)der conipaiiy1l¢ 111 the Direclors Inust not lipprove
Ihe firiFAiicial sialeme1i15 ui)less Il)ey are saiisfied Ihai Ihcy give a Irue aiid fair view of (he siaie of affairs of Ihe chariiable
conipaiiji and of ihe result of the charitable eompaiiy for ihai year.
Iii pr¢p8riiig Il)ese finaiicial sialeiiieiiis. Ilie Direciors are required io..
5elc¢i suiiable accounting policies aild Ilien apply illem consisienily;
make jiidgmeiits ai)d ¢1ccouniing esiimales Ihal arc reasonable and prudent.
preplire the fiiiiincial siuienie1115 011 Ihe going ¢oiiGern basis uiiless il is inappropriate lo presume Ihul Ihe
charitable compaiiy ivill conlinuc in business.
The Directors are respoiisible for keeping Adequate Accouniing records Ihal are sufficieiii 10 sl)oiv and explaiii ihe chariiable
coinpany's Iransactioiis and disclose M'iih reasoi)able accuracy al ai)y tiine Ihe finaiicial posilioi) of the charilable company
ai)d ei)able iheii) io ei)siirc ihal Ilie finaiitial siaiemeiils con)ply iiiiih ihe Conipanies Acl 2006. They are also responsible
for safcguHrdiiig Ihe asseis of lh¢ ¢l)ariiable cort)pai)y aiid hcnce for iaking reasonable Steps for the pr¢v¢niion and deie¢iioii
of fraud aiid other irregularilies.
So fai. as each of die Diieciors is aii'are (11 (he tiine the report is ai)pIDved'.
ther# is no relevanl audil iiifoii)iJlion of whi¢l) the chariiable compftiiy's audiiors are unaware,. aiid
the Directors l)ave taken all sieps ihai ihey oughi to have taken lo make Iheniselve5 aivare of any relevani audil iJif0rn1ation
lid lo esiablish Ihai the audiiors are aivare of ihai uifomiaiioii.
AUDITORS
On 18 Noveinber 2024. Ilie coinpany's audilor cliaiiged ils nam¢ froni Haysina¢inl)Ire LLP lo Haysmoc LLP.
In accordai)ce ivith Seclioii 485 of the Compaiiies Acl 2006, a resolulioii proposi118 11)e appoinln)ei)l of HaysMaG LLP a5
audiiors of the Comptsny ivill be ijul 10 the Annual General Meeiing.
In prepariiig this report ilic Direciors have udvanla8e of ihe small ¢ompaiiies exemptions provided by 5eciioii 415A of
Llie Coii)phiiies Aci 2006.
Approved by ihe Board of Direclors al ils Iiieeiijig on 5 Marcl) 2025 aiid si8ned oli its belinll bv..
Hary Bales
Cl)airniai)
Icll
'ey
D¢pul)' Chair

IINTDEPEP4'DEI h'T AUDITOR'S REPORT TO THE11,IEMBERS OF TII'ICKFP114A PREPARATORI,
SC1400L
Opinioii
Ic liave audiied Il)e financial slalen)ei)i% of Tii'ickeiiliani Prep$11-4710rv Scl)ool for Il)e )y¢or ended 31 AUBUSI 2024 iiihieh
comprisc ihc Siaieiiiei)i of Financi£11 Aciiviiies, Ilie BÉilance Sheet, tlie Siiiiemeni of Cash fioivs aiid noies lo ihe fin4iiicial
$11llemeiiis. iiicludi.i)g suiiim<iry of significant accounting policies. Tl)e fiii14 ncial reponii)g Iri( n)eviork Iliai has beeii
applied ii) Ihcir prcpi?rniion is applicable laiii and Uniied Kingdom Accounting Siai)dards, including Finai)cial Reponiilg
Siai)dard 102 The Finaiicial Repoi iiiig Siondard npi)licoble in ilie UK and Republic oflreltsnd (United Kingdom Geiierallv
Accepied Accouiiiing Praciice).
Iii our opinion, thc financial 51aicnient$'.
giiie a true and fair vieH' of Ilie siaic of Ihc chariiable conipai)y's affairs as at 31 Au8usI 2024 aiid of the ch¢1riiable
Coinpany's iiei moveiiiei)i in funds. includino ilie iiicoine and expendilure, for tl)e year theii ended.
liave beeii properly prepared in accordance iviih Uniied Kingdom Generally Accepted Accounting Praclicc. and
have been pi'epared iii a¢cordai)¢e ivith the requirements of ihe Compiinies Aci 2006.
Bnsis foi. opiiiion
Ve coiidu¢icd ovr wudil in o¢¢ordan¢e iviih Iiiteniali01i81 Standards oil Auditing (UK) {ISAs (UK)) and applicable laiv.
Our responsibililies uiider those stlliidards lire fui11)er described in tlie Auditor's responsibilities for tl)e audit of the financial
Slsil¢m¢nlS seclioii of our repon. We are independeiii of the charily iii ciccordance iviih Ihe eihi¢Jl r¢quir¢meiilS ihal are
relevant io our audil of ihe financial sraieinents iii the UK. including the FRC'S Ethical Siaiidard: aiid Mie liave fulfilled our
oiher eihic81 responsibililies iii accordanGe Mijth ihese requirements. We believe that Ilie audil evideii¢e we have obiained
is sufficieni and appropriaie io provide a basis for our opinioii.
CoiiclusioDs relhtliig lo goliig eoJ)cers1
Iii audiliiig the finai)¢ial siatemenis, we have concluded that ihe direciors, use of the goiiig concern basis of accounting in
the preparalion of Ilie finartcial siatemeiits is appropriate.
Based on Ihe ivork we have perfomed, we have noi idei)lified any nittlerial uiicerlainlies relaliii8 10 evenls or conditions
Ihal, iiidividv8lly or ¢olle¢iively. n141y cast significanl doubt on Ihe cliarilable compaiiy's ability 10 GoI)linue as a 80ing
¢0ii¢ern for a period of hi least iivelve monilis from wheii the fiiiancial siaieinei?Is arc aulliorised for issue.
Our rcsponsibililies and ihe respoiisibililies of the directors iviih respeci to going concen) are described iii the relevaiii
seclioi)s of Ihis reporl.
Otlier infoYmfitioJi
The dircctors are responsible for Ilie oiher infonnaiion. The other iiiforniAiion coinprises (he inforniaiioi) included iii Ihe
Direeiors, Repoi'i. Our opinioii on the fiiiaiicial sialeme1115 does nol Cover Ilie other inforninlioii aiid, excepl io Ihe exienl
oihenvise expliciily sihied ii) our repori. we do nol express any fonn of assuran¢e ¢oii¢lusioi) Ihereoii.
In coi)i)eciion iiiilh our audii of the finttncial slatemenls, our responsibility is io read the oiher iiiforniaiion and. in doing so,
coiisider ivhelher Ihe oil)er infomiaiioi) is inalerially inconsisicnl iviih il)e fii)ai)ci&l siatenienis or our kn)oiiiledge obtained
ii) (he audii or oiheniiise <ippears lo be maierially missiaied. If ive ideniify such n)a(erial iiiconsistencies or apparei)i rnaterial
misslalemei)Is, Kve are required io delennine wheiher Ihere is a niaieriJl missi£liemeni ii) the fiiiancial slaiemenis or a
material missialemenl of the oilier iiifonnalion. If, based on the ii.'ork wie have perfoniied, Ive coiiclude Ihal ihere is 11
malerial missthiemeni of ihis oiher infonnali017, Ive are required 10 report ihal facl. We have iioihin8 lo repon iii Ihis regard.
Opiiiions on oihcr matters prescribed by the Conipaiiie$ Aet 2006
Iii our opinion, based oi) Ihe ivork undertaken in the course of the audiL.'
Ihe infornialion given in ihe Directors. Report (M.hich iiicludes tl)e Slraiegic report ai)d the direciors, repo
prepared for Ihe purposes of ¢oinpan}* la￿￿) foi. the financial year for ivhich Ihc fii)aiicial sialemeiils are prepared
is coi)sisienl iiiiih the fiiiai)cial siu(emenis,' aiid
Il)e slralegic reporl aiid Ihe directors, repon included M'ilhin the Direcioi's, Report have beei) prepared iii
acwrdance yiith applicable legal requirements.
Illallers oil ivliicli li'e 4J-e req uired to report by exception
li) Ihe lighi of Ihe kiioivledge and uiiderslandiii£ of ihe charitable compai)>l Ic nd ils eiiviroimieiii obiained iii the course of
Ihe 47udil, iiie have noi idenlified Inal¢rik)I missiaiemenis in (he Dire¢iors' Report (ii'hich incorporaies the siraiegic reporl
ai)d ilie directors, report).

INDEPENDENI. AUDITOR'S REPORT TO I'HE h'lEh,ABERS OF TII'ICKENIIATrI PREPARATORY
SCIIOOI. (eoniiiiiitd)
We have nothiiig lo report in resi)eci of ihe folluMrji)g iiiatiers ii) rel4llion lo iiiliich ihe Comp1£ iiies Aci 2006 requires us io
rep011 10 iiou if: 111 OLir opiiiioi)=
,Idc4UdtC 41GcoiJiiliiig rccords l)4iVC noi bc¢i) kepi by ihc charilliblc coinpaiiy. oi.
Ihe ¢hari147bl¢ coinp471)v fiJiaiici¢11 siaienieiiis arc Iioi in <lgreen)eiii iiiiil) Ihe accoui)ting records and returns- oi.
certhii) disclosures of direcLors' reiiiuiieralion specified by law, are noi iiiade. or
we l)ave noi received all Ilie infonnaiioi) ai)d explaiialioiis we require for our audil
Respohslbllllies of dli'eetoi's for the fini111ciiII st&lenients
As explaiiied i?iore fiJlly in ihe direciors, i-espoiisibililies Siaieinenl sel out on page 8, the direciors (who are also ihe Iiusices
of Ilie charitable compaiiy for the purposes of company law) <ire re,5ponsible for Ihe preparation of the financial stoicn)cn15
aiid foi. beiiig saiisfied ilial iliev give a true and fiiir vielv, and for such iiileri)al coiilrol as il)e direciors deiennine is iiecessary
io enable the preparaiioi) of financial staiemenis Iliai are free froin material misstaiemei)I, wheiher due io fraud or error.
In pi'¢pariiig ilie fiiiaiicial stEileinenis, Ihe directors Ire responsible for ass¢ssing the chariiable coinpany's ability io coi)iinue
as a going coi)eeni, disclosii)g. as applicable, maiters relaied lo going concern ai)d u5ii)g ihe goii)g concem basis of
accoiiiiiing unless ilie direclOI's eiiher iiiieiid io liqiiidaie Ihe ¢haril¢ible conipanv or io ceAse operatl0115, or h¢lve no reilistic
Iternalive bui 10 do so.
Auditor's respoiisibililies for the audit of ihe fliiao¢ial slateiiients
Our objeciives are lo obiain reasonable assurance about ivl)ether ihe fiiiaiicial stateinenis as a whole are free from ma￿rial
iiiisslateineni, ii,heilier due. 10 fraud or error, aiid lo issue an audilor's report that includes our opinion. Reasonable a55uraiice
is a high level of assurai)ce, bul is i)01 a guaraniee Ilial 7¢ n audit coi)ducicd iii accordance M'iih ISA5 (UK) Ivill aliiiays deieci
nialeri411 iiii551aien)eiii ii,lien il exisis. N4i5Sl<iieniei)ts Can arise froin fraud or error ai)d are considered material ir.
iiidividujlly or in ihe aggregaie, Iliey could reasonably be expecled io ii)flueiice ihe economic decisions of users taken on
Ihe basis of Ihese fiiiancial Slalemetiis.
I￿¢gularl(l¢S, ITicludii)g fraud, are ijisiances of noii-compliance iviil) laws and regularions. We desigii procedures iii liiie
ii'iih our respoiisibililies, ouiliiied above. 10 deiecl malerijl mis8laieniei)Is in respeci of irregiilarilies, iiicludiiig fToud. The
exieiii io ivhicli our procedures are capable of delectii)g irregulariiics. includiiig fraud is detailed beloiv..
Based oil our ui)dei'siondins of tlie cl)ariiable conipany and Ihe envil'ol￿1el1l ii) iiihiGh il operaies. Ive ideniifjed Ilial Ilie
principal risks of iion-coiiipliaiice ii'ith laivs and regulaiions relaied io ihe regulaiory requiremen(s of ihe Charils,
Coninii551011. Ilie IiidepeTideiii Schools Tnsi)ecioraie (ISI) aiid the siatulory safegiiardii)8 and child proteclioii 8Liidance
issued by (lie Depariniei)t for Educaiion (DIE) and ive ¢on5idered Ihe exleni io ivhich noii.conipliance might have a material
effeci on Ilie fiiiaiicial stalenieiils. We also coiisidered iliose laiiis ai)d r¢gulAlions (hai liave a dii'ect impact oi) ilie
preparaiioi) of Ilie fii)ancial $131enieiits sucl) as ilie Charilies Aci 201 l. Ch8riiies SOIiP (2019). Conii)anie5 Act 2006 aiid
payroll (axes.
We eiialuaied nianagemeiil's iiiceiilives aiid opportunilies for fraudulenl Inaiiipulalioii of Ili¢ financial slalcinenls (inLluding
Ihe risk of override of controls). Audii procedures performed by ihe engagemeiil leani included..
liispeciiilg correspoiideiice wilh regulators and lax auihorillcs;
Discussions iiiiih nicinagei)ieni including ¢onsideratioi) of knoivii or suspe¢ied ii)stan¢es of iion-wnipliance ivith
laws and regulaiion and fraud.
Evaliiaring Inanagemeiii's controls designed io prevenl aiid deteci i￿¢gularl[l¢s.
Reviciiiing rninules of meelings iii the year;
Ideiiiifyiiig aiid iesiii)g jounials, iii parli¢Lilar journal eiilries posied ¥iiiili unusual desoriptions: ai)d
Chall¢ngiiig assunipiioiis and judgemeiils niade by managemeiii in their critical accouiiling e51imales
Because of ihe inherenl liniilaiioiis of an audil, (here is a risk Ihat we will 1101 deleci all irregularilies, ii)cluding Iliose
leadiiig 10 a nililerial mi551alemeni in Ihe fii)aii¢ial siaiemei)Is or i)oii-¢oniplian¢e wilh regulalioii. Tl)is risk ii)crea5e5 the
iiiore (hai coiiipliaiico iviil) 11 laiv or re8ulaiioii is removed from the events aiid Iransaclions reflecled iii Ilie fuiaiicial
siai¢m¢TllS, as ive ivill be less lik¢l)i io becoin¢ O1I1I?re of Ulslaiices of iion_compliaii¢e. The risk is also greater regardilig
irregularilies occiin-iiig due io fraud nilier tha17 error. as fr£1ud involv&% inlenlional conceolmenl, forgeiy. collusion,
oiiiission or misrepreseiilMIioi).
A furiher descripiioi) of oiir I'esponsibililies for lh¢ audii of ih¢ fii)anGial slaienients is lo¢aied 01) Ihe Fiiiaiicial Reponing
Council's il'ebsiie ai.. wivw frc.or
.tskJauditorsr
nsibiliiies. Tl)is descriplion fori)Is part of our auditor's repon.
10

I.NI])FPEN'Dlh'T AUDJTOR'S IiLPORT"I'O I'I.IL IIILI ￿.1BERs OTr,'I'IIIICKEN'I.IA.￿I PREPARATORS,
SCHOOL (eojitinued)
Use ot. oui. I'epiii't
Tlii5 rcpoi'l la iiindc oolcl5' to ihe Gliiriiible coiilpai) Ji's iiiembprs, as a bod)I, jii it iirp. iiiiih C.'h4ipier .1 nf Part 16 of Il)e
Coinpclnies Ac( 2006. Our audit iiiork l)as beei) uiideriakeii so Ihai 14ie iiiiglii Slaie 10 Il)e cliariiAble coinp4?11!i s niembers
Iliosc iliaiierJ ive iirc i-cquiitd io Jlalc 10 tljein iii an Audiior's rpporl hii(I foi. i)n oihpr piin?n%e,, To Ihe. fiille..81 exienl permiiicil
bs1 lalit ii'e"do not occcpi orassunie iesponsibilily 10 anyone other Il)an ih*. r.harilAh!p. fA)Inllally Hnd Ihr. r,hariléihle compai)v's
nieinbers. as li bod},, for our audii ivork, for ihis repoi1, or for ihe opiiiions Kve have fomied.
Jiine AsA-eiiJ (Senior slaluloiy audilOJ)
foi. t7iid oil b-liulfof l./oy3Jllftc LLP, SIAiuioi)> AiidilOI'
12 March
.In Qiippn Sii'epi. Plttcp
London
EC4R IAG
2025

TIIIICKEN'IIAiII PRF.PARA"I"ORII SCHOOL
STèlTEhllYI I" OF filNAi¥CIAL ACTIVITIES
FOR T14F. I'CAR EN'DED 31 AUGUST 2024
Uiiresli'icted
fuiids
Il¢s11'icted
riinds
2024
2023
Not¢5
INCONIE FROM:
ClIMritol)le, ncliviti¢S
School fees receivable
Other educalioiial income
Caieriiig and Ivelfnre ii)come
Oiher income
Donaiiojis Aiid Legncles
Doiiaiioiis aiid graiil inconie
Investnients
Inier¢si receivable
3.769,684
259.097
232,027
52,399
3,769,684
259,097
232,027
52,399
3,704,985
239.909
218,329
48,603
9,294
9.294
4,381
40,991
40.991
14,336
TOTAL ￿￿'cOm￿
4,363,492
4.363,492
4.230,543
EXPEh'DI"I'URE ON,:
Choritable nctivllies:
Scliool opei'aling Gosis
I'eacliinA costs
Velfare cos15
Pr¢inises COSIS
Support Gosis of schooling
2,93Q,177
238.287
542,339
449,588
2,930,177
238.287
542,339
449,588
2,784,052
208,646
622,823
402,905
4,160,391
4,160,391
4,018,426
Ralsliig funds
Fiiiaiice cost
32,621
32.621
33,128
TOTAL EXPENDITURE
4,193,012
4,193,012
4,051,554
NET INC0￿qE FOR THE I'EAR
170,480
170,480
178,989
Funds broiigl)I fonvard ai I Scpieniber 2023
3,326,439
4,000
3.330,439
3,151,450
Fuiids cftrried foi'ivai'd al 31 Augu512024
3,4916.919
4,000
3.500.919
3,330,439
There ivere no recogiiiscd g4iJis aiid losses oilier ihan Il)ose shoii.'ii in the above Statement of Financial AGtivilies.
Tlie iioies 011 pages 16 10 26 fonn part of Ihesc accouiiis.
12

TIIIICKL￿.l.IAI￿l PREPARATORI, SCHOOL
REGlS"fERED COIl,APANY NO: 3475951
BALANCE S14EET
AT JI AUGUST 2024
2024
2D23
Notes
FIXED ASSETS
T)ngibl¢ fixcd asseis
3,359,944
3,395,181
CURREN'T ASSETS
Siocks
Debiors
Cash ai baiik ai)d in hand
5.403
171,364
2,791.916
4,737
170,785
.209,770
2,968.683
.385,292
CREDITORS.. amounts falling due
Iviihin oiie yeoi.
(I 111.996)
(1.199,534)
.856,687
185,758
TOTAL ASSETS LESS
CURRENT LIABILITIES
5,216,631
3,380.939
CREDITORS." amouiits falling due
fier more Ilian oiie yeAr
14
(1.715,712)
(250,500)
3,500,919
£3,330,439
15
Uiiresiricied fuilds
Resiricied fLinds
3.496,919
4,000
3,326,439
4,000
TOTAL
3.500,919
3.330,439
The iioies 011 pages 16 (0 26 forni pari of these accouiils.
The fiiiaiicinl sialemeiiis iiiere approved and auihorised for issue by Ihe Board of Dire¢iors on 5, March 2025 and iiiere
signed bcloii, on ils behalf by..
Hthi'ry
Je551
13

TIIIICKEh'HAIIq PREPARA TORI, SCHOOL
STATEIMEf4T OF CASH FLOIVS
FOR"fH E I'fi AR ENDED 31 AUGUST 2024
2024
2023
CASli ri.oiiis l-, Ro￿,[ OI'LRATING AC'I'IVITIES
Net nioveniejii Iii fuiid.s for Ilio r¢poi'linE pei'lod (AS i>er
th¢ s¢AteJnent of finaJiei#l #clivilies)
170,480
178.989
AdJiistnieiit$ for:
Depreciatioii cliarges
Loss on disposal or rixed as5els
Investmcni ii)conie
Finaii¢ing ¢0515
(1i)cre&se) in debiors
Increase in Crediiors (¢xcludiii8 fe¢s in odvance aiid bank
oans)
(Increase)Idecrease iii 5to¢k
ITicrease ii) fees in advance
166,678
161.418
234
(14.336)
25,832
(3,452)
31.551
(40,991)
29.048
(579)
191,230
(666)
1,214,208
1,863
19.442
1,558,928
222,552
Nel eAsl) proiiided by opermliiig thclivilies
1,729,408
401,541
CAS14 FLOiiiS fROThI INIIESTIN'G ACTIIIITIES
liivesinieiil ii)¢tsJli
P8ymeiiis lor l¢ingible fixed assels
14,336
(64,612)
(131,440)
Nel QAsli used In invesilng Actlvliles
(90,449)
(50,276)
CAS14 fLOiiiS fROThI FINANCING ACTIVITIES
Cash ouifloii, from borroivillg
Fiiiaiiciiig cosls
Ciipiial repa)Imeni of loans
(29.048)
(27,763)
(25,832)
(76,710)
Net cn$li proi'ided by financiiig activities
(56,813)
(102.542)
CHAN'GE 1Tr4' CASII AND CASH FQUIIIALEIYTS IN
THE REPORTING PIRIOD
1,582,146
248.723
C8511 Hiid casli equli'lll¢iits At beEliiiilnE of tlie repoi'liilg
period
1,209,770
961,047
Casli uiid cftsli equii'aleiils at ille end of the reportiiie
period
2,791,916
1.209,770
AYALI'SIS or CASH AND CASH EQUIVA.LENI'S
2024
2023
Casli lil bank i?iid iii liDnd
Cash on d¢posil
291.916
2,iOO.000
I,Oi9,770
150.000
TolAI eAsli Aild cash eqiiii'alent5
£2,791.916
£1,209.770
The note8 on pages 16 10 26 fonn part of these Accounls.
14

I'IVICKFls'HA￿I PREPARAI'ORI, SCHOOI.
ANAI.I'sis or CHAN'Gfr.S IN NE"f DEB"r
roR Tl.Ir i'fAR N'DID JI AUGUST 2024
Aiial}'sis ol cliaiiges iii net debt
Ai stiirl of yeai.
Cxsl) noivs
Other
moiwemenls
At eiid of
)ioar
Cash
Loans falliiig due with.in one ye<ir
Loaiis fallii)g due aficr one year
1,209,770
(419,801)
1,582.146
27,765
2.791,916
(26,871)
(365,165)
365,165
(365,165)
Total
£789,969
£1,609,911
£2,399,880
The nolcs 01) pages 16 10 26 forni.pari of these accounis.
15

TNIIICKENHAM PREPAK4TORI' SCHOOL
NOTES I'O THE fiiYANCIAL STATEII 'lENTS
roR THE I'EAR EN'DED 31 AUGUST 2024
.4CCOUNTING POLICICS
Accoiintiiig eoiiventlon
The fiiiancial slaienieiiis have been prep¢ireA iindcr Il)e hisiorical cosi coi)iieiilioii aiid iii accordaiicc iviih Ihe apJilfftLdbl¢
rinancial Reporting Sthiidard {fRS102, effective from l January 2019). Ihe s￿l¢MellI of Recomit)ei)ded Prnctiee for
Charillcs (SOIIP 2015, 5¢¢011d edilioi) ¢Ff¢clive Jaiiliary 2019) aiid ihe Coinpsil)ies Aci 2006. Tivickei)l)8m Preparaiory
Sehool nieeis ihe definilioii of a public benefil eniily uiider fRS 102. 11 is a cornpaiiy limited b), guaraniee ai)d
ill¢orpornied ii) Englaiid and IV&iles. The Registered office is.. Beveree, 43 High Sireei, Hampion, Middlesex, Tlll12
2SA.
Inconie
School fees comprise charges for ihe school less bursiries aiid nllowances. Otlier educaiional iiicomc and cateri118
inconie is accouiiied for on a receival)le basis.
Donfilions
Doi)aiioiis al'e re¢ogiiised in Il)e Siaithnei)i of Fii)an¢ial A¢iivilies wheii receivable.
Gront Inconie
Graiii iiiconie, iiicludiiig goveniineiil graiil iii¢om¢. re1471iiig io reveiiu¢ Is recognised iii ilie Siolen)eiil of Financial
AGlivilies on ali aG¢ruals basis 11) the sanie period as the relaied ¢osis for iiihich the granl is inlendcd lo compensate
provided Ihji Ihere is evidence of enliilernent, re¢eipi is probable aiid Ihe amouiil can be measured reliably.
Depreei4tioii
Dei)recialioii of lan8ible fixcd assels is cal¢ul<iied so as lo wriie off Ihe cost over d)eir esiiinaied useful ecoiiomic lives.
Depi'e¢iaiioii raies al'e as folloivs..
Freel)old buildiiigs
Freehold ilT)provemei)ls
Moior Vehicles
Fixtures, fillll)gs and ￿MilUre
Eleciroiiic equipineiil
oli a siraighi liiie bosis over 50 years
01) a siraighi line basis over l O years
01) a straigl)I liiie bnsis over 5 years
01) a slraiglil line bJ5is over l O yexlrs
on a siraighi line basis over 5 years
Stocks
Sio¢ks are sialed ai the loiver of cosi and iiei realisable value.
Expeiiditiii-e
Expenditure is Iillocaied (o expense headiiigs oil an ac¢Nals basis. The irrecoiicrable V AT elcmeiil is included iviih
Ihe ilen) of expense 10 iiihicli li relaies.
Goi'eriiaiice costs
Goveniance cosis iiiclude the cosis of ihe audit of the siattilory accouiiis and advice 011 legal, propeny and oihei-
mailers.
Peiisloi) coiitribulions
The Conipai)y coniribule$ 10 Ihe Tca¢hers' Pensioi) Scl)eine. Payineiiis are made io ihe Teachei's, Pensions Ageiicy
in ac¢ordaiice iviih Ilie Teachers. Superannuhtioii (Coiisolidalioii) Regulaiioiis 1988, as an)eiided. Coiilribuiioi)s
payc1ble iji respecl of Ilie acGouiiliiig period are Charged io direci chariiable expeiiditure.
The Coinpaiiy coiiii'ibuies to a S¢P<inle defiiied coniribulioii sch¢ine foi. iion-te1É ching siaFf. Contribiilioiis pavable ii)
respecl of Ilie accountiiig period are charged lo direci charitsble expendittire.
Leyse ir&iisnctions
Rentals under operaiing l¢asLs are Charged 10 Il)e Sialenienl of Fiiiancial Aciivilies as ihe), fall due.
Uiiresiricted fuiids
Unresiricled funds coniprise fuilds nol subjeci lo any re51ri¢iions regarding their use or¢ available lor aiiy cliarilable
purpose of Ilie Comi)An J,.

TIIIICKLN14AfvA PRfpAIIATORI' SCHOOL
'o"rcs TO I'iir. FILNANICI.4L S7"ATEI￿llE￿'TS (conliiiued)
FOR"fHL I'EI All ENDED 31 AUCUST 2024
ACCOUh'l"Ih'C. POLICIES (coiiliiiiic(l)
Ile5tricled fuJ)ds
RestricLed funds Goniprise fuiids doi?aied io ihe Comp<iny io be <ipplied loivards 5peGific capits?l aiid revciiue ilem5.
Tix8tion
The Company is a regisiered charily. Any surpliis is applied solely lor the purpose of the chariiy and is exeinpi from
orporalioi) lax.
b ini1ncial liistrunieiils
Basic fiiiai)Cik)l ii)sirunieii15 are inilially I'ecogi)ised ai rran5aclion valiie <ll)d 5ubs¢quei?Ily m¢4isured amonised cosi.
Fiiiaii¢ial assels held ai amorliscd cosi coi))prisc cash ai bank and iii lioiid, 108L*ili¢r iviili Irade and oiher debioi's. A
specific provisioii 18 Inade for debis for ii,hich re¢overabilili* is in doLibi. Cash (il bank and in hand is defined as all
cash held in instant access baiik accoui)ts and used as ivorking capital. Fiiiaiicl1< I liabilities held at amonised cosi
comprise all crediiors except social sectirily and oihcr laxes Jnd provisioi?s. Asseis and liabilities held in foreigi)
CLirrency Rre Iranslciled to GBP al Ihe balNn¢¢ sheet dat¢ al un appropriaie year end exchange raie.
Ci'llical necouiitliig judgenients thiid key soure¢s of eslimulioij uncLrl#i)Ity
Ln ihe isj¢ii' ol Ihe Dii'eciors iliere are iio arcAS of Inaicrial Gritical accouiitiiig Jud8emeiilS or n)aierial CSlini%iion
Iiiicertaiiiiy in tl)e accouiils.
Goiiig Coiicern
The Dire¢ioi'5 believe Ihai Ihei'e are Iio Iiioierial ui)ceriaiiilies over Ihe School's ability io coiilinue op¢raliiig as a going
concern. Iii makiiig Iliis assertioii the Direciors have considered delailed budgeis for both ihe nexi iiiielve moiiilis aiid
sir&ie8ic pl¢1ns for Ilie Inediuiii terni aiid are saii5fied Ilial the liquidiiy of Ihe busiiiess is Su￿]cIent lo mccl ihe busiiicqs
r¢quirenieiilS inGludiiig anv obli8aiions arisiilg froni finaiici&il, OPernli1i8 aiid oiher coiidiiioiis.
17

T111ICKE￿'HAfv] PREPARATORI, SCHOOL
NOTES TO TI.IE fiNAIYCIAL STATCI NIEf4TS (coiitiniied)
I,-OR THE I'EAR EN'DED 31 AUGUS'T 2024
SCIIOOL I.-EES RECEIITABLE
2024
2023
Full fees for pupils ai ihe School
Less.. bursaries Jiid alloiv4nces
3,876,i07
(106,823)
3.806.660
(101.675)
£3,769.684
£3,704,985
OTHER EDUCATION'AL INCOIIIE
2024
2023
Pi'ivalc luilion inconie
Re8lSlration fees
School Irips
80,068
6,100
172,929
79.880
6,800
153,229
£259,097
£239,909
OTHER Ir4COTh'IE
2024
2023
School fees proleclion insurance
Book and uniforni 5al¢s
Horne 10 School minibus service
Rcnlal incom¢
Oiher income
3.647
4,.3.19
27,527
15.510
,376
3,993
3,938
23,587
14,251
2,834
£52,399
£48,603
I)ONATJON'S
2024
2023
UiiTe51ricled donation5
Resirici¢d donations
9,294
95
4,286
£9,294
£4.38]
EXPENDITURE
2U24
2023
Cliaril<ible expei)dilure includes..
rjepreciaiioii
Loss on disposnl or rixcd asseis
Operaiing leases- oiher
166,678
161,418
234
37,117
28.940
Govemance costs it)cludes'.
Auditors, rei?iuiiei'alioii - for audil
19,269
15,960

TIIIICKENHAIII PREPARATORI, SCI.IOOL
NO"fES TO THE FINAI)'CIAI. STATEMLI Ni 'fs {coiitiJiiÉed}
FOR THE I'E.4R EN'DED 31 AUGUST 2024
C14.4RITABLE ACTIIIITJES
Si#ff ¢0s1s
(note 8)
Otl)er
Depi'eciatioii
2024
Ch4?rilable lletlvltles
School operaiing costs
Teaching costs
Ivelfare cosis
Premises
Supporl cosis
2,528.866
134,719
92,131
254.968
401.311
103,568
283,530
194.620
2,930.177
238,287
542.339
449,588
166,678
£3.010,684
£983,029
£166.678
£4,160,391
Siaff costs
(note 8)
Otlier
Depi'ecialioii
Total
2023
Cli4rilable Activities
School operaliiig c051s
Tcachiiig Gosts
Velfare cosis
Preiiiises
- Siipport cos
2,391,799
122,446
92.811
227,810
392,253
86,200
368,594
175,095
2,784,052
208,646
622,823
402,905
161,418
£2,834,866
£1,022,142
£161,418
£4,018,426
AII c051s relaie 10 ihe 01)e activily of operaiiiig the Scliool. Iiicluded ivithin oiher support C0515 are goven)ance
cos(s of £44,586 (2023.. £20,588).
STAfii COSTS
2024
2023
Salaries ai)d i￿ageS
Soci¢il se¢urily cosis
P¢tisioii costs
2,327.194
232.306
451,184
2,208,639
217,164
409,063
£3,010,684
£2,834,866
The ioial value of all ¢ompensaiioii atid benefits provided 10 ihe key niana8emeiil persoiiiiel in (he year. ilias
£650,675 (2023.. £606.449).
The average J)uinber of employees during ihe year iva5 made up as folloiiis..
Teachiiig
Full liiiie
Parl lime
Oiher
Full lime
Part lime
18
18
18
10
28
25
71
69
19

TIIIICKEN14AfvI PREPARATORI, SCHOOL
I 'OTf.s TO THE FIN'AJN'CIAL s"fA TEI Il,IETI'TS (eonliiiiied)
FOR THE I'EAR ENDED 3J AUGUST 2024
Sl'AI."r COSTS Icoiitlniied)
Th¢ iiumbei. of ¢inployees ivllose ei1)olumenis exce¢ded £60,000 iv¢re:
£110,001 £120,000
£ioo,001 £1 10.000
£70,001 £80,000
£60,001- £70,000
Thre¢ of ihe above eiiiployees have reiireii)enl benefits accruing under a defined bciiefils scheine and one under
a defined coiitribuiion scheme.
FINANCI COSTS
2024
2023
Bank Gharge5
Baiik iiiiercsl oli Ion115 repayable iviihin five years
Bad aiid doubiful debis
Fccs in advaiice discoui)I
493
29,049
517
2,562
642
14.560
3,753
2,901
£32,621
£33,128
10.
GOVERNORS, REIIIUNERATION AND EXPENSES
No reniuiieratioii or beiiefits iver¢ provided to aiiy Govenlor. No expeiises were I'eimbur5a lo any Govenior
durii)g ihe year (2023.. £nil).
Four of the governors during the year (2023.. Iliree) hc?d children in ihc school and paid full fees.
I I. TAN'GIBLE FJXCD ASSETS
Freehold
laild
bulldiiiEs
Flxlures,
rittings and
furiilture
Freehold
Ii)Iprovenieiits
lotor
Vehicles
Electronic
equipmcnl
TolAI
Cost
Ai I Seplember 2023
Addilioi)s
Disposals
4,13.5,135
118,630
20,624
28,200
30,000
512.040
65,381
(2,442)
318,865
15,435
5,312,869
131,440
(2.442)
Ai 31 Augusi 2024
4.135,135
339,254
58,200
574,979
334,300
5,441,868
Depreciatioii
At I September 2023
Charge for Ihe year
Disposals
,075:937
82,703
238.241
17,296
362,631
32,179
(2442)
240,879
28,860
1,917,688
166,678
(2442)
5,640
At 31 Augusi 2024
1,158.640
255.537
5,640
392,368
269,739
2.081,924
Net Book VJlue
AI 31 Au8usI 2024
£2.976,496
£83,718
£52.560
£182,610
£64,560
£3,359.944
Ai 31 Augusi 2023
£3,059,198
£80,389
£28,200
£149,408
£77,985
£3,395,181
20

I'IVICKEN'HA114 PREI>ARA'foRI' SCHOOL
'OTES TO I'i..Ir riNAlI ICI.4L STATEIllEN'TS (coiitln￿ed}
roR THE I'EAR ENI)EI D 31 AUGUST 2024
DIB"foRS
2024
21123
Fees receivabl¢
Prepayments and accrued iiiconie
Oiher debiors
6,263
162,233
2,868
9,960
155,031
S,794
£171,364
£170,785
13. CREDITORS,. amounts fAllin¥ due
Ivlthin oiie )'¢J)I'
2024
2023
Bank loans
Trade crediiors
Fees received in advance
Social securily p8yable and oilier iaxalion
Pupil deposils
A¢¢ruals and deferred iii¢ome
Suiidry crediiors
26,540
394,837
501,516
56,895
31,000
47,402
53,806
419,801
117,215
397.774
53,488
26,000
135,869
49.387
£1,111,996
£1,199,534
14. CREDITORS.. iimouiits fAlllnR due
Afiei. ojie }'ethi'
2024
2023
Pupil dcposils
Fccs irt fidvan¢¢
239,751
1,110,465
250,500
B?1 nk IoAIis
Due b¢lii'een one and livo years
365,496
£1,715.712
£250,500
li) the yeai. Ihe school refinanced Ilie baiik loAn fftciliiy, £403.500 iiicludiiig an'aiigeniei)I fee was draivn doiiin
oli the 281b N4arch 2024. The ierni of Ihe loan is 5 years iviih a l O year ¢in)oriisaiioii profilc. The repayment
is by instalnienls aiid the loart bears inicresl ai a floating raie OF 2.25 /0 over base rate.
b)
The bank loai) is seciircd by a fLrsi legal chi￿ I'g¢ ovei. the freehold propert Js of Ihe Scliool ni 43 Higl) Sircei,
Hanipion.
21

TMIICKENHAM PR￿PARAl'OR1, SCI4OOL
'OTCS TO THF I-.INANCIAL SI"AI'EMENTS (coiiliiiued)
roR THE )'EAR ENDED.11 AUGUS1. 21124
JS. FUNDS
I'r'iiisfei's
betii'¢eJi
li uiids
Biilaiice .11
31 Aiigust
2024
31 AIi2US1
2023
Totlil
iiiconie
Totiil
MOIIEN'IEI N'T IN FUN'DS
Tlie nioveinenl in fuiids duriiig
the year iV¢iS made up as folloivs:
Unresiricled fiii)ds
3,326,439
4,363,49?
4,193,012
3,496,919
Restrici¢d fuiids
Parents, Commillee
4,000
4,000
£3,330,439
£4,363,492 £4,193,012
£3,500,919
'Par¢iilS' CoiTriiiinee" rela¢¢s lo doiiaiioi)s received froin Ilie Parents, Coniiiiiltee ioiiiards virious projects. The
£4,000 previously assigiied lo ihe developmenl of Ihe rear grounds al 51 High Sireel ha5 now been re-assigned
ioivards ihe upgrade of Hall media cquipmenl.
ANALI'SIS or NIT ASSETS BLTIIIEI EN FUNDS
Uiirestrieled
fuiids
R¢$li-icted
fuiids
Tol#l
funds
ruiid balai)ces ai 31 Augusi 2024 are rei)rescnt¢d by..
Fixed Jsseis
N¢1 current assels
Lon8 lemi liabililies
3,359,944
1,852.687
(1,715,712)
3,359,944
1 ,856,687
(1,715.712)
4,000
£3,496,919
£4,000
£3.500,919
J6. SHARE CAPITAL
The Compai)y is limtied by guarai)iee and therefore has no issued share capiliil. In the cv¢nl of a ivinding up each
member, ciirrcntly 12 in lolJl, agrees io conlribuie £ l.
22

TIIIICKEN14ANI PREPARATORI, SCHOOL
N'OTES TO TUE FIN'ANCIAL STATEMEN'fs (contii)ued)
roR THI )'fiAR ENDED 31 AUGUSI" 2024
17. PCN'SIOYI COSTS
Teacli¢i's' Pensioii Sclieine
Tli¢ Scliool participates in ihe Teacl)ers' Peiisioii Sclienie ("Ihe TPS") for lis le8¢hing staff. The pension chai'ge for
the year includes coniributioi)s payable 10 ihe TPS of £444.86) (2023.. £347,518) and ai Ihe year-end £30,799 (2023..
£41.060) Iva5 4ccrued iii respect of coiiiribulions io il)iS 5clieni¢.
The TPS is ali unfuiided mulii-employer defined beiiefiis pension scheine 8oven)ed by The Teachers, Pensioiis
Regulaiioiis 2010 (as aiiiende(l) aiid The Tei1chers' Pet)sion Sclienie Regulaiioiis 2014 (as amended). Meiiibers
coniribyie oli a 'pay as you go" basis Miiih coniribulions frorn iiieinbers and the employer beii)g ci.ed1￿￿ io Ihe
Exchequer. Reiiremeiii lind other peiision beneftis are paid by public funds proiiided by Pxrlian)enl.
"rhe ¢iiiploy¢r coiiiribulioii rdl¢ 15 sel by Ihc Scci'¢lary of Stale following scliemc valuaiions undertaken bji ihe
Goiiernilieni Aciuary's DepiÉ Ilmeiit. The Iiiosi recei)i aciuarial valuaiion of the TPS wias prepared as ai 31 Marcl)
2020 ai)d ihe Ilaluaiion Report IV¢iS publislied li) Ociober 2023.
Folloiving Ihe M¢Cloud jiidgemenl, Ili¢ r¢in¢dy proposed Ililll ivhei) beiiefiis beGome pFtyable, eligible niembets can
seleci 10 receive Ili¢n) froin eiiher Ilie r¢foni)ed or legacy schemes for ihe period l April 2015 10 31 March 2022.
The ¢lcluaries liave assumed Ilial nieiiibers are likely lo clioose Ihe oplion Ihal provide5 ihein will) il)e greater bei)elilS,
i)d iii prepai'ii)g Ihe 2020 valllalioii lias Yalue(I Ihe '8r¢aier value, benefi15 for groups of relevaiil Inei))bers.
The emi>loyer coiiiribulion raie foi. Ihe TPS 15 28.60/0, 7¢ lid eii)ployers are also required io pay a scheme 8dniiiiisiralioi)
lei'y of 0.080/0 giviiiB Il lol<il eniployer conlribulioi? rale of 28.680/0.
Defined Conli'lbutioii Stlienies
"rhe Con)paiiy coniribules io a scparalL scheiiie foi. i¢achii)g Staff wlio h<iVC opied oui of ihe Teach¢rs Peiisioi) froin
Mtsrch 2024 Ilirough APTIS. This is a defiiied coiilribulioii sehem¢. The q1sseis of Ilie sGhcme arc held seplc raiely
from Il)ose of Il)e Compaiiy in ai) indcpesideiiily adn)iiiisiered fund. Coi)Ii'ibulioiis are i)4iid based 011 Ili¢
recoiiimeiidiilioiis of a qualitied acruary aiid are chclrged io resources expeiided ivhen Lliey become payable. Tl)e
pei)sion clii1rge for Ihe J'¢ai' iii rcsi)ecl of this s¢hei))e ivas £82,457 (2023.. £nil). Ai il)¢ yeor ci?d, £Nil (2023., £iiil)
was accrued ii) respeci of ¢Olilribulioi)s 10 ihis scheme.
The Conip<iliy contribulcs io a SCPi¢ raie scheiiic for iion-l¢¢i¢hing Sloff uilder The Ii)depeiidenl Associfiiioii of Prep
Scliools. This is J defined coi)tribulioii scli¢iii¢. I"lJe assets of lh¢ scheme are held separately froiii Iliose of Ihe
Con)pany iii Illi indepeiideiiilsl adniinistered fuiid. Contributions are paid based 01) Ihe r¢Goiiimendatioi)s of a
qualified aciuary aiid are charged to resources exp¢i)ded K%ihcii they becoii)e pa)i&ble. The peiisioii Lliarge For Ihe
year iii respecl of (his scheme wa5 £74,185 (2023.. £61,107). Ai th¢ y¢arend, £Nil (2023.. £nil) Ivas <1ccnied iii respeci
of coiilribuiions io Ihis scheme.
Tl)e Company conli'ibules io Il)e NEST pension scheine for non-leaching workers meelii18 lh¢ crileria for aul
eiirolii)ei)i. This is a defined coi)Iribuiion schenig sel up by Ihe Governmciit. The assets of Ihe scheme are lield
scparalely fron) those of ilie Compaiiy iii ai) iiidepeiidei)Ily adminisicred fuiid. Coiilribuliolis arc paid based on the
regiilatoryi niinimiim coiilribulions aiid are Charged lo resources expei)ded ii,hen they becoi)i¢ payi1ble. The peiisioii
charge for tli¢ year iii respect of Ihis schertie ivas £1,461 (2023.. £438). Ai Ihe )ieÈlr end, £ 111 (2023.. £178) ilias
accrned iii respeci of coniribulioils to ihis scheme.
23

TVIIICKENHAM PREI PARATOR), SCHOOL
I OTES TO THE filh'knTrCIAL Sil"ATLI.N,IEINTS (contiiiued)
FOR TIIE I'EAR EII'DED JI AUGUST 2024
18. OPERATING LLASL COhqfvlAI'N,IL* N TS
Ai I l Augiisi 2024 Ihp Inli& I fiiftire. minimiim lease i)ayinei)Is under iion-caiicellable operaiing leases iV¢Te Js follo%iis.'
2024
2023
Not laler than one year
Beiiveeii one and fiiie years
12,643
I S,979
28,940
28.621
£28,622
£57,561
19.
RLI LATED PARTY TRANSACTIONS
There ivere iio relaied party transaclioiis.
24

TMIICKENHAN'I PREPARATORY SCHOOL
NOTES TO THF bKN'ANCIAL STATEfvllI Ni Il's (coiitiiiucd)
FOR THE YE.4R ENDED 31 AUGUST 2024
20.
SI"ATEN,IEN'I' or rih'.4N'CIAL.4CTIIIII'IES foR T14E PRIOR I'LI AR
There ivere ilo recogiiised gaii)s arid losses oiher ihan ihose shown iii Ihe above Statenienl of F-iiiancial
Activities.
Unre¥lrici¢d
(uiids
Restricted
fuiids
TolAI
2023
Notes
INCOME FROM:
ClIArilnl)le Aetlvltles
School fees receivable
Oiher edu¢alional income
Caiering and Welfare income
Oil)er inconie
DonAtions And Legacies
Donaiioiis and grant in¢onie
Inipestmeiits
Iiii¢resl receivable
3,704,985
239,909
218,329
48,603
3,704,985
239,909
218,329
48,603
95
4.286
4,381
14,336
14,336
TOTAL IN'COME
£4,226,257
£4,286
£4,230.543
EXPENDII'URE O]Y:
Cliaritable •ctivities:
Scliool operaiing cosls
Teachiiig cosls
Welfaie cosis
Prcn)ises cosis
Support cosls of schoolin8
2,779,766
208,646
622,823
402.905
4,286
2,784,052
208,646
622,823
402.905
4,014,140
4,286
4,018,426
Rnlsiiig funds
Fiiiaiice cosls
33,128
33.128
TOTAL EXPENDITURE
4,047,268
4,286
4,051,554
NET INCOhlE foR THE I'EAR
178,989
178,989
Funds brought forN'ard al I September 2022
3,147.450
4,000
3,151.450
FuJ)ds ci)i-i-i¢d (oJ-i)'ai'd 17131 August 2023
£3.326,439
£4,000
£3,330,439
25

I"IIIICKEIYHANI I)IIEPARATORY SCHOOL
N'OTES TO T14F FINANCI.4L SI'ATEMEN"I"S {cuJitiniicd)
FOR THE I'CAR ENDFD 31 AUC.UST 2024
21. fuNTDS Tr.IOIIEMLIN IIT l*OR'fHE PRIOR YLAR
B*lance at
31 August
2022
Trailsfers
betiveeii
Fujids
Balance Ht
31 Aueiisi
2023
To¢lll
ii)come
I'otal
expeiidilure
MOIIETh,IENI' Ih, FUN'DS
The movemeijl in funds during
Ilie >'e4r ivas made up as folloi4's'.
Uiiresiricted funds
3,147,450
4,226.257
(4,047.268)
3,326.439
Reslricied funds
Parents, Coininiriee
4.000
4,286
(4.286)
4,000
£3.151,450
£4,230,543
£{4,051,554)
£3,330,439
'Parents' Con)n)itiee" relates lo donalioi)s received fi'oin Ilie Parents, Coniii)iiiee iowai'ds various projecis. Durii)g
(he y¢ar, donalions ioialling £8,286 wer¢ r¢¢cii'ed.. £4,286 ilias expendcd 011 ihe coniiiiued fundin8 of il)e leiise ol a
niii)ibu5 and £4.000 ivas assigned 10 the developmeiil of tlie rcar grouiids al 51 High Streei.
ANALI'SIS OF N'II T ASSETS BEI TII'LI LN, Fu￿D5
Uiire$lriclod
fuiids
Resiri¢ted
I'uiidii
Tot81
fuiid$
Fuiid b&lanc¢s ai 31 Augu512023 Jre repre5eiiied by..
Fixed asseis
Nel cun'eiil asseis
Long terni liabilities
3,395,181
181,758
(250,500)
3,395,181
185,758
(250,500)
4,000
£3,326,439
£4,000
£3,330.439
26