CHARITh NO:
COMPANY REGISTRATION NO-
1071298
3625063
ABINGDON
ABING(ION SCHOOL
Report and Attounts for ihè yearended
31 AUGU5f2025
4AF12R2PK*
30104r2026
COMPANIES H(￿lSE

FOR THE YEAR ENOED 31 AUGUST2025
Introductlon
stTucture. Gownance •nd M￿agernent
Obje(¢ alm5, oblectlve5 and actfrAUes
Inve5trnent power5 and polky
Public Benefit
5tTeamllned Energy •nd Caibon Reptyiin8 ISECRI
Eouallty Art
Dlsabled persons
Section 172 Statement
li
13
Statement of Resptsnsibilityes
In•ndent AudfttX￿ Report to the members ofAblrWin S¢hool
Con5011dated siat*Ment of FinandalAd¥￿¢S linctyporatlng In¢¢me and expW￿l1￿re accountl
5th001 and Consolldaied Balano YRets
14
19
Consolldated Statemeni of Cash flo¥¥s
21
Notes to the Fifia￿la1 StaternP￿ts
22-37

ABINGIM)N SCHOOL
It4Tr0DLicnoN TOTHE REPORT AND Accouf4TS
FOR THE YEAR ENDED 31 AUGUST 2025
Introducdon
The Boafd ol Governors of Abingdon khool is appointed in acco¥dante with the terms and Conditions laid down
in the School's Memorandum and Articles of A550ciation incorporated on 2 September 1998 as amended in
March 2005 and January 2017.
The Governor5 who seryed in ihe year were a5 follows:
CoytedGwefllOIS
Michael Stevens
Jarnes Sporle
Mark 8eer
Mark La5celles
Glynne Butt
Steven Sen5ecall
Harriet Woollard
Kate Wheeler
Mlchael Falwell
Br40ny Bowers
Robert Charles Lowe
Felicity Rutland
Nlck Kru8er
Thomas GarThier
Chair
Chair
ice Chair
(resigned 31 Juty 20251
(appointed l Av8USt 20251
(resigned 4 December 2024)
(resigned 24 June 20251
lappointed 4 Decembe¥ 20241
lapwnted 24 June 20251
Christ's HospitolofAtsngdon
Kevin Senior
The Mercers, Compony. London
Aobert Jardine-8rown
8enjamith Robertstsn
Henrfjetta Goodall
Ire5igned 4 DKember 20241
(appointed 13 March 20241
lappoinied 4 Dttember 20241
The OldAbing(lonion Club
Henry karlett
Oirettors
All Abinedon Schod Governors arè registered with Cornpanie5 Houst as Dirertors of the Companv.
Officers
Michael Wind50r
Craig Williarns
Justin Hvdge5
Headmaster. Abingdon School
Headmasier. th"n8don Preparaiory School
Dirertor of Finance & Opwations, Company Secrwary and Clerk ¢0 Ihe Governors
Paee I

ABINGDON SCHOOL
INTrODucnoN TO THE REPORT AND ACC(XINTS
FOR THE YEAR ENDED 31 AUGUST 2025
Advisers
Bankers
. National Westminster Bank Pk
43 Cornm¥ket Stred. Oxfortl. OXI 3HA
Solicitors
Harrison aark Rickerbis
Elleftboro￿h House. Wellinllon Sireet, thelienham, GL50 IYD
Audltors
Gravita Audit Oxford LLP
First Floor. Park Centnl. 4041 Park End Street. Oxford. OXI IJD
Investment Advisers
Rathbones
Finsbury Orcus. Lmjon EC2M 7 AZ
Insurance 8roker5
Marsh Insurance Broker5 lid
Capital House. 1-5 Pefrymouni Road. Haywards Heath, West Sussex RH16 3SY
Addresses
Abingdon Scho
Park Road. Abingdon, Oxfordshire OX14 IDE
IRe8iStÈred office and mailing addressl
Abin6don Preparatory Scho
Josca's House. Ffilford. Abingdon. Oxlordshire OX13 5NX
Reference & Adminislratl¥e Inf•rmati¢
The seniN school IAbin8donl and ihe Junior school IAbin8don Preparatory Schooll are hereafter referred to as
'Abin8don School, or the'school, and are registered with both Companies House and the Charity Commission
as Abingdon School. In this report whefe specific teference to eiiher sc￿?01 is necessary the senior school Is
referred to as,A￿'ngdOn. the jUniOf sthool as 'Abin8don Preparatory..
Abingdon is known io have exisied in I2￿. It wa5 re*ndowed in 1563 by John Roysse, a LoTrdon Mercer. It
moved to its presenr sire in 1870. In September 1998 Abingdon tomkn.ned with AbrngL4on Preparatory khool lat
that time known as Josca'sl. forming a new Reei51ered Charity INO. 10712981 and a company limited bv
Buarantee INO. 36250631, which was intorporaied on 2 September 1998. The Company, Ablngdon School. Tr5
8ovemed by its Memorandum and Articles of hssotiation.
The School has ch05en in accordance wilh Companies Act 2CQ6. s_ 414CIIII to set out in the 8roup's strategi
report iThforrnation requir￿ by Lar8e aod Medium4iied Companies and Groups (Accounts and Reportsl
Regulation5 2008. Sch. 7 to be contained in the direttors. report. It has done so in respecr of public benefit and
energy and carbon reporting.
Strurture. G¢weman¢e and Manwment
Or9onlMtlonalstrutture onddeclsloTrmoklng
The School Go¥ernor5. as the t￿reCtOrS of the Charily. are legally responsible forthe ¢)vefall mana8ement of the
school ind for its sirategic direttion. Govemof5 benefit from pve5entalions by staff and by third-party experts,
and Irom lace-to-face meetings with staff. pupiLs and parents in order to deepen their knowledge of the school
and of issue5 of current irnportance_ The Governors V•tTe assisied in undertaking th￿1 responslbilities during
the year by four Go¥efllofS' sub<ornmittees. namely the Education Comrnittee. Finance Commtttee, the Audit
Risk & Compliance Commitiee. and the Remuneration. Nominations & Staff Consuliation Committee. In
particular. the Remuneration. Nominations & Staff Consultation Commiltee review5 the remuneration of the
SeThor Leadership Team with referen￿ to benthmarks and sectw trends.
The Head 15 responsible to the Chaif and io ihe Governors for the mana8ement of the School, which the Head
achieves with the support of the Direttor of finance and Operation5. the Senior Depuiy Head, the Head of
Abin8cJon Preparatory khool and rnembeys of the Senior Leadership Teams at Abin8don School and Abingdon
Preparatory Sthool.
PaBe 2

ABINGI)ON SCHOOL
INTRODUCTION TO THE REPORT ANO ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST Z025
The Govemors and Senior Leadership Teams reccenise the importante of eneagement with employees and
stakeholders to the ongoing success of the School. Engagement with employees happens in many forms
including weekty stafl rneetin8s, re8ul3r meetin8s of the Staff Consultation Committee. and regular surveys of
staff. Engagement wilh other stakeholdefs also takes many forms indudin8 parents. evenings and webinars.
pareiits, assoaations, an actw alumni club and a student council.
The Governors are aware of the Charity Governance Code and beli￿e that Abingdon School applies, in all
rnaterial respects, all seven of the principles and recommtndèd practi¢e for @L￿d govemante contained in the
Code. In addition. Ihe School is T￿151ere￿ with Ihe Fundraisin6 Regulator.
AKrultmertand Trothln9 oJGovern
The appointment of Governors is wnfirmed at meetin85 of the Full Governing Board on the basi5 of nominations
received to the Board's specifications concerning eligibility. personal tompetence, specialist skills and
availability. New Governors are inducted into the workin8$ of thngdon and of the Charity. including Its strate8V.
policies and procedure5, at induciion meetin85 or8aniseLI by the Clerk io ihe Governors. On-80inÉ Governor
training is carried out ihrou8h seminafs oreènsed nats"onalty or arranged internalty. If G¢)vernors incur training
costs. Abingdon offefs to ¥eimtWJf5e these.
Group StnKture undRelotlDftshlp5
Abingdon School has a whdly owned nOn<hari￿ble subsidiary. Abingdon School Enterprises Limiied.
Oblec¢ akn$. oblectfves and actlvhles
Chpritubleobjects
The Charitvs objects. as set out in its Artide5 of AssociatK)n are:
to advan￿. for the public benefit. the educathin of thildren and yL)ung people not older than the a8e
of nlneteen years at Abifigdon Sd*ool or suth other 5th001 as the Govemors may from time to lime
determine. and
to promote lor the benefit of the pupils ol Aly"ng(h)n Sthool and the Inhatstants of ihe surroundin8
area the wowsion of facilities for recreation or other l*sure time occupation of indNiduals who have
need of Such facilitie5 by reason of thwr youth. aae. infirmity or disablemen( ffinantial hardship or
social and ttontsrnit artumstantes or lor the public at large in thè interests of social welfare and with
Ihe objett of improvin8 the condilion of the life of said inhabitants.
Alms qnd lfttendedlmp¢rt-Abingéon sAim$ Ethos stotement."
-ThouRh proud of sts considerable successes. thn8Llon enjoys a down-tfyearth atmosphere thai stems from
bein8 a school ihat knows itsdl well. does noi seek to be what it is not and eschews the flashy, the false and the
arro8ant. The¥e 15 a constant eye on innovation to refiect the needs of a rapidtyrfhaNdlft8WOflLI but ihe school is
also careful not to dispense with the traditional where tried and tested practice pfo¥es still to be the most
èfftttive.
While Abingdon Is certainly aCadenY(al￿ selective aThJ vigor¢)usly promoies the lrfe of the rn1r￿. acadeffic
achievement is far from being the sole criterion eiiher for entry orfor su¢tess whilst at the school. The choice of
tltle for our fofmidable extra<urrtcular pro8ramrne- fhe Other Half- symbolise5 the irnporiante to the school
of nurturing well-rovnded pupits and our belief that the ￿e￿lOpment ol their skills and character5 15 of equal
importance with their academK progress and aC￿e¥ements.
We offer exceptional facfrlitie5 but recolnise that the success of Abingdon Sthool re5t5 upon ihe Quality of our
slaff. $0 we reuuit atxl develop hi8hty qualifbed colleague5 of dNefse talents and strong cornmitment. We value
our powerful links with the wider communrty and noufish thern ihrou8h aclrye and effectbve partnerships- this
includes ouf tomrnitment to keeping access to an Ats"n8don edUcath￿ as wide as possible.
Undtrpinnin8 all that the school does is a very strong pasioral system. The hguse and tutor stiucture anchors
day pupits and boarders alike with a powerful sense of beKIn￿ne and eASUfes they are known individually and
feel genuinety and personalty supported by a ian8e of people in thLMr journey towards a￿1th0od."
Page 3

AOINGDON SCHOOL
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 AUGUST 2025
STPATEGIC REPORT
FIn0p￿ttIRevleW
The total incomÈ for the year comprised £32,803k12024.. £33,293kl from schtyY fee5 and ancillary ifitome. £34C*
12024.. £564kl from charitable donations and £1.548k12024= É1.382kl from other activitie5. Expenditure o
school operatin8CQsts wasE32.882k12024.. £33.187kl of which 60% is represented bystaff costs. Thetotal lund5
a5 at 3118125 amounted to £65.729k12024.. £65.052kl. of which E53,291k1£52,210kl is unrestricted fund5.
A5 an educatior¢al charity. the Sthool has tax exemptions on irs educaii¢)nal artiviiies and its investment income
and was entitled durin8 ihe year to an 80% ieduction on business rates on the properties occupied for charitable
purpose5 unlil 31" March 20Z5. The finanaal benefits derNed from these tax exemptions are all applied fgr
educational purp)se5, induding the wovisiM ol txjrsaries.
Durln8 the year ending 31 Aueust 2024 Ihe Sthool cOnsU￿ed with it5 teachers about employment contract
thange5 regarding membership of the 8overnmenYs Teacher5. Pension Scheme IYPS"). FolIC+￿n8 th15
consultation, at the end of the year. Ihe school moved into'Phased Withdrawal, of the TPS. This means ihat ihe
School offer5 newty employed teachers a Oefined ContributTron pension scheme and no longer offers them the
option to be an active member ol the TPS.
Followine the change in the UK 8overnrnent in Juty 2024 and the subsequent Aulumn Budeet, the School added
VAT to its fees from I" January 202S and losi the busine55 rate redvctions described above from April 2025. 11
also made higher additional Employer Naiional Insurance contribution5 from April 2025. All of ihe5e changes
repfesent a s*nificant financial impact for the IndepenLleni school sector as a whole. The School responded by
absorbin8 half of ihe frmpart of the VAT imposition with parents and reviewin8 ils Cost base carefully. mindful of
Ihe need to mainiain thè qvality of an Abingdon School education. The Governors consider both the level of
attivlty and the year-end financial p051tion of Abingdon Scliool to be satisfattory.
Rlsk Monogement
The Board of Governors 15 responsible for putting in place a strateKy tg manage the fisks faced by the School.
which they review annualty. The Governors. sublommittees provide increased focus on thts important area antl
re¥lew the areas ol the risk register relevani ro iheir femits iemily. Governors oversee the Senior Leadership
Team who have executive responsibility for identifyin& assessing and coniiolliNd risks_
The key business risks for Abingdon indude rnaintainit7g pupil numbers. child protection, I￿. and welfare and
academic standards. They also indude external factors suth as the eeneral economy, cost inflation, pandemics
and chanees to the political Ènvironment.
Controls and safe8yards which are put in place to rnana8e the major risks indude appropriate levels of insurance
cover." tefms of relerence for all theGovernors' sub-committees,. strate8ic plannin& tsud8eting and manaBernent
accouniin8; formal written policies.. dear autho¥isation and approval levels.. strirt adheren￿ to saFer recruitment
procedures in order to protert school pupils." compl*tion of appropriate risk assessments on relevant aspects of
the khool's aclivllies.. and disaster planning.
The School's Health andSafetyc¢)mmitteesupports thesu1tablefflan￿Ment of health and safety risks afKI seeks
¢0 ensure ihai approprlate fisk assessments ale in place.
The Governor5 are of the Opinic￿ ihat they ha¥e put in a strategy to identify and. where pratticablè.
mitigatè the major risks. It is recognised thèt while this process Provid￿ reasonable assurante that 1derfif￿d
risks are being mitigated. It (anr￿t provide absolute assurarKe.
Achlevernents undPerfomion
Atsin8don 15 a boarding and day sd￿1 which provwjes educaiion to pupils between the ages of 11 and 19.
Abin8don Preparatory provides educaiion foi pupils between 4 and 13 years of age. The average number ol
pupils in the schoots duriwythe academtcyear 2024125 wa5 107112024.. 10721 for Ablngdon atyj 19612024.. 2161
Pa8e 4

A8INGDON SCH(Y)L
REPORT OFTHE DIRECTORS
FOR THE YEAR ENDED 31 AUGUST 2025
for Abingdon Preparatory. DÈmand for platès 15 hieh alltMTh4 for ctsmprehensive plannine for future
improvements antl developments.
Atuden￿Re$￿lts
E￿errtal exam grades in 202S were excellent at both GCSE and A4evel. At A4evel in summer 2025 72.1% of
8rades were in the A'.A ian8e12024.. 70.4%1 and 89.4% at A'.B12024'. 89.6%). At GCSE, 45.4% 018rades were
awarded at 8rade 912024.- 44.8%). wth 87.3% in the 7-9 8rade ran8e12024: 86.4%). 99.7% were in the 94
range12024= 99.7%1.
The Governors are cornmittefl to broadening acte5S to Abingdon School by offerin8 means-tesled buTsaTies to
pupils whose parent518uardians are unableto pay the full day fees. All bursaries are means-tesied annually and
have a value of up to IC¥)% of ihe tlay fees. Pupils must meet the Schools. usual entrance criteria but need noi
necessarily show exceptional ability. Abingdon offers an enormous breaijth of opportunlty aThd buisarles ale
aimed at those students who will lake full advantage of all the School has io offer. During the year 7312024." 751
pupils benelited from B￿r53r1e$ ai a iotal tosi of El.277k12024.. £1.243kl. Of ihese. 2212024.. 211 weie IrJ)%
bursarie5.
Abingdon School has a range of scholarships and awards offered to pupils enterin8 ihe School. Scholarships and
award5 are provided in recognition of exceptional a(adern￿. Music. art and isesw, drama or sportin8 abilitv-
they carry kudos and privileges vAthin the School. kholarships orry a nominal f￿ancial value of E3CQ, and 188
12024.. 1871 were awarded tlurin8 the year.
All scholarship5 and butsaries are subject to satislactory academic progress and behaviour. and in the case of
scholarships and awards. to a continued contribution to the di5cipline5 for which they were granted. Each case
is assessed on its own merits and awards are Tnède accordingly. subject to the Schools, ability to fund these
wlthin the context of its overall budgets.
Pkn51orfvtyreperloés
During the year. thè senior leadership team and governor5 reviewed the plans in it5 five-year Foundation
Development Plan for 2022-27. To consolidate its P051tion as rhe school olchoice. the broad aim5 of the
5¢hty)l are..
To develop its P051tion as one of the leadrn8 independeni schools in Briiain, with a reputation for excellent
acadernic rèsults. pastoral care and co-curricular achievements.
To encourage in eath pupil. the developmeni of tharatter and the many skiifs they Wbll need to flourish ai
school and beyond.
To mainiatn and extend accessitslity to pupils of hSgh ability. whatever iheir economtc or social
background. particularly through bursary sthemes.
Tts be recognised as a centre of excellence in educational prartice and coniinue to attrart high quality stsff.
To mairtiain and invest in it5 faDlities to support it5 ￿rnS and Ethos statement.
To build on the positivè role it plays in ihe IfKal communtly through effective partnership5 and
collaboration.
To be enviionmentally responsible and promote susiainability.
To be a sertor leader in diversity. inclusion and equality rnatters.
To wsurè the Abingdon experience for pupils al￿ their families is enjoyalHe. rewarding and engaging.
To Seek and utilise extra sources of lunthn8.
To be as affordable as Possib￿ in the context of these aims and the ecortomic enwrrmment.
To sutcessfully become co-educational folloW￿elhe arrsval of girls at the Prep Sthool in Septernber 2025
and at the Senior School in September 2026.
Page 5

A8INGDON SCHOOL
REPORT THE DIRECTORS
FOR THE YEAR ENDED 31 AUGUST 20Z5
Capltal developments reser¥es
pltol developments
The last decade has seen si8nlficant capital devdopments ai Abin8don Sthool with substantlal investmenl in the
upgrade and rnodernisation of facilities. These developments have induded a new scien￿ Centre and Sixth
Form Centre as well as improved fètilities lor Art. Music. Drama. the Library, Sport. houseiooms. Business
Studies. Economits and Computer Studie5. These developments have happened alon85ide extensive
refurbishment of tht School.
The m05t receni arezs of capital development have been the substantial modemisation ol two boarding houses
and the creation ol the pavilion la second dininB hall. café and flexibFe space atiached tg the Amey Theatre).
Planning lor the modernisation of the rernaining boarding house is underway.
At Abingiton Preparatory. the significant investment of recent years has been completed wlth the Openi￿ in
September 2022 of new buildings for a Music Sthool and Design and Technology deparrmeni as well as four
addiiional tlassrooms and refurbishrnent and expansion of the school library.
ReseMs
Note 13 to the financial statements sets wt an analysis of the khLxI's efidowment. resiricled and unrestricted
funds and their attribuialje assets. These a55ets are sufficient to meet ihe Charity's obligations.
The Governors re8ulafty re￿eW ihe fiftan￿$, bud8ets and ihe spendin8 a8ain5t budBet5 a5 part ofthe effective
stewardship of the Charlty. In common with other intlependent schools. Abin8don School has invested
subst311lial sums into new school buildin8s in re￿nI years, and operates 3 cortlinuing programme of
relufbishment. development antl invesimeni to mainiain excellent leaching. welfare and boarding facililies for
its pupil5.
Ai rhe end of the financial year the total level of group reserves stood at £65.729k12024= E65.052kl of whlch
£53,291k12024.. E52.210kl was in unrestricted lunds. It is the School's polity to build up funds to n￿et planned
improvements and additions to the school's resources principally by mean5 of annual operating surpluses and
Iherefore the Governor5 have not set a target level ol free reserves. As wih many independent schools. the
8roup has ne8ative free reserves as surpluses are reinvested into the sch¢)ol's fixed assets in order to maintain a
high standard of facilitie5. The Governor5 are of the View that ihe group has adequate wr>rkin8 capital for its
foreseeable requiiements 8ivefi the predittability of cash flow artsin8 Irom pupil rolls. the on8oinR demand fo¥
places at the School and the availability of bankin8 finance iowards the cosi of capital expenditure.
Inv•stmtnt powers and poll
Investmefttmunogement
The Governors are authorised by the Memrandum ofAssociation and byihe Tnjstee Act Xwto invest monies
noi Imrnediatety reouired for the schoo15' purposes. of where there 15 a speofic obli8ation to invest funds ro
ornpty ￿th the terms of a restricted donation. in seojritits. property or other invesiments as may be ihouaht
fit. Strategic in¥e51ment policy is set by the Govèrnof5 and tht Sthool then works with Rathbones. the School's
investment manaeèr5. who then mana8e Ihe inve5tm?nts wilhin prescribed euidelines on a di5tretionary basis.
The investment oblecifve is to proted the ￿al value ol the capitsl wlw"1s1 8eneraiin8 income with a view to
producing annual erowth ol a rate at least equNaknt to the increase in the Sthoovs tuition fees. The Governors
remain confident that Iheir investment PDlicy is prudent arKI likely to produce attiactNe reiurn5 over the loneer
tefm.
lftKstfftefttperfofm•nce
The School's investmènts decreased from £1.478k in 2024 to £1.378k in 2025 followin8 a withdrawal of donated
funds partly offset by an uF%realised gain of £56k12024.' gain of £125kl on reiaine(l in¥esiments. The Governors
continue to keep all investmenis under dose review_
Page 6

A8INGDON SCHOOL
REPORT OF THE DIRECTORS
FOR THE YEAR ENDEO 31 AUGUST 2025
Publ1¢ Benefft ZOZ4125
In 5ettin8 Ihe School's Obje￿1¥e5 and plannin8 its acifviiies. the direttors of Abingdon S¢hool. as tharity trvstees.
comply wlth rhe+r duty in s.17 of ihe ChaiilièsArt 2011 to havedueiegard to the Chart¢y commi￿10n,5 published
general 8uidance concemin8 the operation of the pU￿1t benefit requirement.
Abin8don scho￿ has been involved in the local community for many vears and places 8reat value on
supporting young people across the town. Abinedon 5(h¢)ol in Partnership IASIPI was developed in 2018119 to
coordinate and develop partnefship activfjlSes. A5iP works dosety wtth primary and secondary schoots across
sectors a5 well as bein8 Involved with the stfattyc developrnent of p¥tnership$ at a naiional level. Asiws aims
indude:
ForAbmgdon School tts bts￿d0n thep05itive role itploy5 in the locolcommunity
Forstudent5 ond 5toff to collobornte effettivety ond A)sitwely with members of the locolcommunrty.
For5tudentsondstoff ￿tA￿ngdon School to ¢hollenge t1￿Mse￿e$ through portnefships
Our V151011..
tentrol to onAbingdon khooledLtCO¢ron is our noiionolly respeciedportnershlppro9romme where
community. colloborotton t7nd chollenoe njn through ullospetts of sclrool lift.
Our MISSIOPI..
to help ourstudents becorne ombiti0115 ¢7nd ￿$ll￿nt. stoff to be collot*)mrive ond iellective. parents to
frelinfonned ond en90ged ondfor ollstokeholtjers toleelsupportedby ondgiven opporturtities
through portnershi
The fCAI¢)wi￿ sections focus on the work that was undertaken in 2024125 in support of these aim5.
Comfflunity
8tsrSar￿$= The Governors of Abingdon School ale committed to broadening acce5S to thè school. The school
endeavours to provitle an edvcaiion io those stvdenis who will best benefit from the style of teathine and the
facilities that we have to ofler. Irwiiably. not all paients of such pupi15 will pjssess the means to fund the schDoI
fees ihai ihe ￿e￿sSarilY ha5 to Cha￿e. The School prowdes means tested bu[￿1+e$ lo help address this
challen8e. Durin8 the year 73 studenis benefited from bursaries at a total tost of £1.277k, 37 of whom were in
receipt of bursaries 8reaier ihan 80% of fees. In addition to this direct assistance with fees. the School also
5ubsidises ancillaiy expenses such as school irips where paients would otherwise experience financlal hardship.
The Governors make sure thai the availa￿"ll1V of these award5 is well publi05ed through advertisin& on open
days, throu8h our community links, and when vFsits are made to local prirnary schools. In addition. details ol how
to apply ale made availabse on the school's website. Additional re50urce5 for bursaries is an incfeasing driver of
fundraislng activilies.
Mental Heatth and Wellbelrr. Our provisions for mental health and wèllbeing operated wrthin ihe framework
of the Whole Sthool Approach. supportin8 pupils. staff, and families throughout Ihe 2024125 school yeai. We
implemented ¥arious iniliatives". For sthool staff we oflered Adult and Youth Mental Health First Aid training
courses, provided Continued Professional DevelokMnent ICPDI on teachin8 RSHE with confidente and social and
emotional learnin8 in the classroom and facilitaied a suitide awarenes5 session in partnwship with Papyrus,
trainin8 53 staff members. Fof pupils we held weekly'early intervention. wellbeing ses5ion5. and a'Preparin8 for
Puberty, workshop pro8rarnrne wa5 mnducled lermty for seven Pfimarysthools. Assemblies covered tOPiC5 suth
as tancèl culture. online sex and relationships, online friendships. communicaiin8 consent, managing anxiety.
and celebratingdiver5ity. providing 5208 pupil experiences across six schools. Forparents and families we offered
live and recorded webinars led by our Mental Health and Wellbw'ng IMHW81 Coordinaior. dtscussing The Teen
Party Scene. and 'Keepin8 Your Children Safe Online,. For the cornmunity we shafed assembly and lesson
resources for PSHCE and RSE across 89 schools in Oxford5hire. we drstributed bulle￿n$ on Mental Health &
Wellbeing and key safeeuardine iopics aThJ we led a working group of stafl in the OX14 Learning Partnership io
develop support and indusion initiatives for LGBTQ• students and th*r familiÈs, Inlormed by over 68 student
èxpèriencts.
Pa8é 7

ABINGDON SCHO(X
REPORT OF THE DIRECTOR5
FOR THE YEAR ENDED 31 AUGUST 2025
Comblned Cadet Force- The broad function of the Cornbined Cadet Force $5 to provbde a ¢fisciplined or8anisation
within a schcx)l $0 that students may develop powers of leadefship by Means of trainin& to promote the qualities
ol responsibiHty. self-reliance. re50urcefulne5s. endurance and perseveraThce. and a sense ol service to the
cornmunlty. It is firrnly believed that the 5elf-confidence an¢J self-discipline required In Ser¥ice1Sfe are equalfy
important in Civilian life. 245 5tudenis were members of Abingdon's Combined Cadet Force in the year.
Communlty SeY¥ke'. Stvdents vtsittd six car? homes and residences for older ptople on a weekty b45is. h05ted
3 tea parlies at sthool for SO local resident5. ¥olunteered ot two charity shop5 in town and continued to help in
St Ethelwold's 8arden. They also helped support ihe or8aniser of after school 5POrts clubs and a OT club at the
Manor school. The Muslc in ihe Cornrnunity 8roup visited care home5 and Abitsgdon hospital at Chri5tma5 Wlth
festive performance of carols. ve8etaI￿e5 Brown in the school garden by 5tu¢JeniS were distributed to local
residents. Seventy student5 ère involved in community work on vaiiou5 days olthe week and thi5 cohort changes
each term so approxirnatély 2SO students will do ¥oluntarywork organised byschool over the course ofihe year.
keof EdlnburAh'sAward.' In 2024125, 25Ostudents participated in ihe DofE Award and completed over S.000
hours of volunteedng in their local community. This induded volunteerlng tn charity shops. visiting the elderly.
coathing sports. runnin8 youth 8fOUPS aNI h￿p1￿ to run commurwty OfBanisations.
Fundfalsing and Over5e35 Ald: L)urin8 the 2024125 academic ye4r the school raised £10.￿0 ihrou8h a wlde
range of lundraisln8 events indudin8 re8ylar home clothes days. a cultural Heritage Day and selling bobble hats
for Odd8alls. One mernber of stafl completed a triathlon and two students designed. treated and sold a
children's book in aid of ARCh. Lower School held their footbaN tournament. sponsored walk and cake sale.
£1,20) wa5 faistd fow the annual Moldova trip and the Abingdon Community Toy Dr5ve had great success. In
2024 the school supported Oxfordshire Wildlife Rescue. In 2025 we are sUPPOrtin8 Homeless Oxfordshire.
Ame¥Theatre: Abingdoft School hos a 446 seatmodern theatre whith regular￿ hosts events for the cornrnunity
and local sthools at discounted or free rates. This year the Theatre ran a Live Sueenin8 pro8ramme 115
scieeniw induLlin8 those frorn R80 Live and NT Livel which 15 open to the local community. We also arran8ed
for sireenin85 of Several NT LNe produaions specifically for lo￿4 schools at no cost to them. We hosied three
local primary schools for è ran8è olend of yèar perforrnances and events free of charge and supported Abin8don
and Witney College in their Performing Arts Coufse perfofmante of The Addoms Fomily. The Arney Theatre 15
also used as a perfomiance base for sèveral youth theatre groups. indudbn8 DIY Theatre Company. Tharne5 Vale
Yobth Orchestra and the local Stagecoach schoc15 helping produce several of thetr productions. In 2025. the
Iheatre was a central venue for the ATOM Festival ol Suente and Teehnolo8y and Abir$8don Music Festival.
lsleyPark.. Abingdon School operate5 a 5ub5tantial track and field faolity in the north of Abingdon talled Tllsley
Park. The slte has three S-a-side football p￿CheS. Iwo full size A51ro-turf hockey pitthes. a full-size artificial pitth
for rugby. lootball and American football as well as a 7-a-side football pitch that is also suitable lor rugbytraihing.
Thesè lacilities are regularly rented to local community clubs and schools. filsley Park 5vpports annual sports
days for local schools free of thar8e. 3S cornmunity clubs re8utsrty use fi151ey Park for training andlor
competitive rnatche5.
The SEhDgl'5 5pgrt5 Centre aLso runs an extensive prograrnme of actwities for the cornmunity, includin8 the
Abin8don Swim School,. the Abingdon Sports and Leisure dubwith accè$5 to fatilities and exertise classes.. as well
a5 courses, camps and academies. The swimmin8 pool has been used to wovide swimmin8 lessons for local
Prlrnary Schools.
CollaboTatlon
Ablngtlon School is aware of thÈ &￿ttion it holds both within the lool eduotional landscape and wlthln a
broader naiioftal pitlvre of sthool provi54¢￿. To this end ihe sthool has worked hard to set up and develop
partnerships with local schools whith continue to grow and thrive acros5 academic and tross-curritular settings
for the benefit of all Stakeholders.
Page 8

ABINGDON SCHOOL
REPORT OFTHE DIREcfoRS
FOR THE YEAR ENDED 31 AUGUST 202S
lrnpaa: There have been 25.SOJ studeni eypefiences across the yèar. an increase from 19.CIJO In 2022123 and
25.OCQ in 2023124. c￿er 3C4) A￿ngdon students have been in¥ol¥ed. and almost è third of staff members. 86%
felt if was an invaluable or interesiin8 exwfjence and would take part again. The development ol a new skllls
measure for Abingdon students hopes io demonstrate and measure the skills developed by getting invofved In
partnership activities.
Ablngdon Sthool In Partnershlp.. The mairt focus of 2024125 was to conlinue to develop our proBrammes an
ènsure student invofvement and avaIla￿.11tY of leadership opportuniiies.
Abinedon School is a member of the OXI4 Leaming Partrwship
www.ox141
forrnal state and
independent school partnership launched in Novembw 2021. He3dteacher5 from across thè six schools iftvolvéd
have worked tO8e¢her to create a mutualty benefioal partnership based on challenge, inspiration and support
ror students and staff. In 2024125 there were ovw 4000 hours of student experience and 37 artivities. The OX14
Learning partnership is a Stron8 gioup of six sthools in the OXI4 postcode and the coordinator works with lh•
OPerat￿Ths Group and School leade15 to ensure a wide and dNerse offering of programmes and activitie5
indudSn8 leadefship opportunities lof sludent5. These activilies hope to provide opportunities for aspiration and
hallen8e and brine Stvdents frorn acr055 schools to work 108erher. Three lar8e scale core events focu5 on the
Cofe aims. The 3 events InspirED. Challen8ED SupporiED. have been a huge success involvin8 over 4C
studenrs (rom years 8-10. Supplemeniary pro8rammes andextended events have seen 5tudertt5 from across age
ranges rake part tn a diverse ran8e of ottivities to support the airns of the partnership.
Academic CoaEhlni is an embedded actiwty within our Partnership pro8ramme sei up to irain student5 in
coaching ski115. The 5ession5 cover leadership. listening skills. the coachin8 conversation and 5afeguardin8. After
completin8 the trainin& students a¢r05s sch(bols work wilh youn8er peers to support them in iheir studies and
academic goals. Last year 45 students were irained in coachin8 and carrted out 4LIJ hours of coachin8.
The Peer Support Lead proeramme works with students au055 OX14 Learning Partnership Schools io tiain and
delivera collaboiative pro8ramme for sixlh form students. The PSL programrne aims to erthance e¥isiin8 Pastoral
support structures in sthools and brine students together to learn Skills. Students are irained in ernpathetlc
Ilstenin& creatNe lorterin8 and mental heahh awareness to pro¥ide invaluable support.
Throu8houi the year students take part in chalEenÉe days and joint events. Challen6e days are often supwrted
by local buslness partners and brin8 Students 108ethef to collaborate and develop new skills.
IAfter Abingd•n' proyamrne: partnef schools attended a range ol events aimed at the next steps beyond
school. Activities included webinars on Oxbridge, considering alternatives to university. gap year5 and
understanding student loan& Local school students weiealso invited to attend the Futures Fair. a universities
fair with a range ol institutions aimÈngto broaden awareness ol a¥ailable degree courses and unNersities.
Goveinance.. Ei8hi members of staff ser¥ed as Go¥ernois of local primary and secondaryschools, with l ot those
takin8 the role of Chaif. Abingdon is happyto release colleagues io complete theii 8overnance duties when those
commilments lall at times when the sialf would usually be in Khool as the School understands ihe benefit for
all parties.
Llbrary.. During 2024-25. the librarian ha5 stepped back fr¢)rn making rna￿ cgntributions to Ihe development of
a partnership-driven natioTral prograrnrne of 'information liiefarf teathing in ordtr to ￿ able to invest more
time and ener￿ into tar6eted iDier¥entions likely to yield Immedia￿ and obvious benefits to stvdents. This
Includes buildin8 on a lon8sthndin& infomial partnership with the e(Jucau"on resour￿ provider JCS aimed at
providing free support for specifK aspects of teachlng and leaming that le¥era8e the potential of d48ital
resovrces, and conducting research to support decision-making and 5trategK thinking in a lange of areas. The
m05t significant output Irom this partnership w35 the first in a 5erie5 of 'whiie paper5, for senior leaders. which
so lar has gone to more than 2CKt Deputy Heads and Directois of Teaching and learnin& the librarian also to-ran
a well-aitended discussion on di6ital literacy at the 2025 national conference of the khool Library Association.
Over the past year, librarian has continued to'mentor four early-career libraiians at state secondary
Paee 9

ABINfjDON SCHOOL
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 AUGUST 2025
schoo15 in England. and to liaise wilh fellow 5chod librariansacross the UK to hdp them develop and deliver EPQ
pro8rammè5 in particular and more 8ener311y lo hdp them Ewaluare the potential for dlgital infoimatio
res¥ufces to Support teaching and learnin8 in thwf school. This support includes bespgke written guidance and
one-i(we advice,. dur￿8 2024-25, the librarian assisted sthools in this manner.
Prlrnary Partnershlps Our vffjrk V￿th local primary sthools tt*ntinues to develop and grow with a range of
activirie5 in differenr local schools. In 2024125 over 180 children attended workshops induding a fime and Place
Topic mornin& Business Challenge and Lefs Communicate WOTk5hop5.
SportsPartnershlp5Wesupponed and hosied a cricketfestivalforlocal primary5choo15 acr055 2 days, 10 schools
artended with over 150 children. We ran a weekty multisport dub lor pnrnary aged children led by our student
coache5.
Arts P•rtnershlps TheAbingdon Film Acoderny ran weekly after sdbool se55i0n5 at Larkmead School throu8hout
the year. These invohed on average 18 student5 acros5 years 7-10. Four fAms were made over the three terrns.
A new workshop for local prirnary school pupi15 looking at fheoire History was developed as part of ihe 'fime &
5pace' Ihemed Hurnanities mornin6 in October. alon8 With a repeat of the 'Body Langua8e' workshops in
February.
Ablngdon Prep In Partnershlp IAPIPI The prep sthg01 has made links with 5 local Primary Schoo15 and run
ctivitie5 across Soence. DTand Spon. Colleagues fun W0￿$hOpS and sessions and welcorne schools to use their
facilities in these areas. Within sport we have run collèboraiive sessions with our own pupils and local primary
pvpils in Year 2. lor uicket and hockey se55ion5. and Year 6. for football sessions. As part tsf oui link wlth local
pfirnary schools. we have I￿ne￿ a working group from West Oxfordshire. who aim to bu¢ld connections and
support primary Science teaching by panaking in Iwilight sessions. for exarnple 5e5sions that airn to improve
Pfaciical science within the KSV2 biology curriculum and give staff easy idea5 lor how to make learning more
Pfaciical. Abingdon Prep has tontinued to work ￿th the Peer ￿Pport Lead5 from Abingdon, supportin8 the
iiansilion to Year 9. Continued links wth the PSLS rntan that we have been able to èstablish sessions this year
focusifte on ¥apirn8 and diet.
Ablngdon Sclence Partnershlp IASPI. The dedicated Parinerships Labocaiory in the Yang Science Cenire
continue5 to be an essential community asset and the e￿enSIve pro8ramme of primary 5ciente workshops.
stiente Ilub5. and astronomy activities engages with a network of nearty ihirty ￿her $ch￿lS in the area.
ASP lfflwrt.. In 2024125 ASP ran 65 primary science workshops with schools From ihe local network. including
planetarium workshctps. Studenr Science Ambassadors and collea8ues assisied wilh the running of monthly
Saturday Science Clubs for children and pafents in collaboratTron with SCIen￿ Othid.
Greenpower F24 Challenge Team.. ASP has once again supported Fitiharrys School in the Greenpower F24
challe￿e. Tht5 year. the ieam worked on improvin8 the airflowcooling system of their kart.
Worklng wlth nationol scle￿¢ oryonisotloAs rofftmer¢lol componles.. The ASP Cogrdinator is a School5,
Observatory Champion, working c105ely with The Schools. Observatory to develop astronomy education
resources ansj promote the teaching of astronomy in schoots_ The ASP Coordinator is a150 on the steerin8
committee ol the Astronomy Educators & Outreach Ne￿Ort and acts as a liaison for the UK Atornic Ener
Authority Education & Public Outreach.
Page 10

AOINGOChY SCHOOL
REPORT OF THE DIRECTORS
FOR THE YEAR ENDEO 31 AVGUST 2025
Strearnllned Ener￿ arrfl Carbon Reportlw15ECRI
As part ol the obli8ation5 ser out under the Energy and Carbon Report Regulatknns 2018. the School is required
to disc195e the energy consumed and carbon dioxide ueated as an t¥8ani5atTron over the last reportlne year
starting on or after Aprll 2019. To fulfil this. we have measured our UK enew and greenhouse gas emisslons a5
dassified withinscope l and 2 which arepre5ented in table l. In addition. we have included our SCDpe3 emissions
related to business travel in employee-owned vehide5 where the schogl reimburses the mileage and fuèl
allowance and boarding pupil travel (home to school durir4 the year- table 31 along Wlth iniernational travel
relating to Scho￿ trtps (table 41. Table 2 contains the mnver5ion faclors used in the calculation of ihe5* figures.
ComparatSve figures using hi5tofical corwersion have been induded for prioryears and ourbase repprting
year.
Orynlsatitinal and Operational Boun¢1•r￿S of th* 5th001. The School does not have a complex company
str¢Jtture and therefore accounts for I(￿ perceni of the greenhouse 8a$ IGHGI emissions from operailons over
which it has control. including the tradin8 subsidiary_ Its Slructural3nd operational boundaries are the samewirh
the School operating Irom four siles-.
Abin8don Sthool. Paik Road. Abin8dgn
Abin8don Preparatory School. Josca5 House. Kingsion Road. Frilford
Ti151ey Park. Dunmore Road. Abingdon
8oathouse, Wllsham Road, Abin8don
The khool operates a flee¢ of sixteen miiwbu5es for ihe purpose of puwl transportation a5 well as a number of
grounds and other road ¥eh￿e5 used in the operation and rnaintenance of its 5ite5.
Methodolo￿. The methodology used determinin8 ener8y and carbon emissions within this section of the
report Uses data from a nurnber of Souf￿ ofour 8reenhouse emissions:
Natufal 8as vsed lor heating ihe bvildings we occupy antl for hot wat¢r (Stope 11
Fuel consurnption in company owned vehicles for business vse (Scope 11
Electric￿ used for lightin& coolin& air conditioning and point of use waier heaters (Scope 21
Mileage from reimbuf5ed daims for business use in staff Lswned vehides (Scope 31
Gas and dèttricity consurnption figures have been taken from invoices and sub-meter readings as appropriate.
Where the readingslinvolces do noi ¢ovèr a full year. wt have estimaied the consumption for Ihe fvll year based
on ihe averagè tt*nsumption per day in the period. consumption foi company ¢)wned vehicle5 Is measured
fiom fuel card5 Used by staff when in tontrol of business owned ￿hIde$. MileaBe from reimbu¥5ed ckims from
staff has been calculated u5in8 the 5tarxlard rate of 45p per mile.
For a base year the School has set the fifi￿0a1 year September 2017 to Aueusi 2018 as the earlTrest period for
whith reliable data is available for the sources above. We therefo￿ include figures lor the financial year
September 2017 to August 2018 and September 2023 to August 2024 as a Comparison.
Intensity ratios normalise emissSons dats with an appropriate busine55 metiic or financial indicator. This allows
z comparison of energy efficiency perfom)ance over time and with other similar types of organi5alion. We have
th05en io measure our overall emissions per avera8e annual number in each reportin8 year as well as our
annual tuinover I£IW,¢)JOsl.
Pa8e 11

ABINGDON SCHCKIL
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 AUGUST 2025
Ener8yConsumpllon, Greenhouse Ga5 Emissions and Inten51ty Ratios
¥se
ve
so
r10174018
635 ￿rnoU5110D kwh
5 172 946
ran
rt Iltre5
Transport kwh Ikope 11 ts(rorfr(ffirnile511it￿5
to kwh
19.0
I99.￿3
279 743
572
T¢ans
les
Trans￿¢ kwh lknpe 31 frorn Th4lEsnltres
t¢*Wh
Total consum
kwh
6.397.782
6475 201
Émlulons fromcombuA￿TrO1
02e
EmiS510ThS from t0mtsust1￿ of fu* f•r pufpDse5tCO2e
757
65
£rni551onsfrom
r<hasedelectrfd tC02e
Emissions liom businoss trab*l in
Whe￿ the(om
mi￿3
354
421
d•rnstC02e
S￿02e based or*aba¥o
32
Ave
nual
I nurnber
1.267
128U
L272
pa¢i•.'ICOle
0.92
Q97
3.28
Tum¢ver£icarths
35.24
18.29
itK)hal l*ltefi>
Rat￿..tCO2e
ÉMi59ons
rorn 11
oardine
bool IC02e
cfverseassd￿I trip trnnspyt ethis*As
istC02e
055
ÉKp)Lb))5 iumover
enistr
33ffj9
35.39
57.69
LJ75
351
45$
kwh
liire5
litres
0.18259
2.$3783
2.05523
0.2￿15
0.177ts)
U uld Fuds
uid F4Jds
Tr•
VK ele<trith
sel
Petrol lèvera
biofud Nend
A¥e
car. ￿￿knLY￿￿
Eleoriot
eneraied
10.531
9.423
1.1rA379
2025
kwh
Ener￿ Efficiency Artlons. In 2022123 the School produced an Enwronmental Svstainability policy based on the
10 One Wanet Living principle5 to guide and 5vpm it5 environmehial action plan and work has been ongtsing
to complete the 4retd activities.
Key actions for the year 2024125 indudtd ¢ontinued development ol ourwaste management Contract wlth our
waste Service contractor Grnndon. We tan tomtinue to Statè that the school waste is ICKN 2ero to landfill. the
waste is eithef recycled or goes into enei8y gener*ion.
In the reporting period Septembei 2024125. 69% OF the school wasle was recycled_ The remainin8 waste was
utilised for energy produrtion resultine in 26.474kWh bein8 produ￿. whith equated to a 99.450 (02 IkBI
savin8 or 302 irees saved.
Page 12

ABINGDON SCHOOL
REPORT OF THE DIREcfoRS
FOR THE YEAR ENDED 31 AUGUST 2025
The Schod mini bus fleet has been redu¢ed by iwo buses and new more erKY8yeffitieni mini buses have
replaced oldei diesd mini buses.
We ha¥e rerwed ihe origlnal boiltrs in theAmey Theatrt wi¢h rw energy effititnt boilers with sub metering.
A beehive has been installed in Glynd¢)wr orchard garden.
Across theAbingdon Foundation estate portf￿•0. we currently have fNe major r(hJf area5 fitted with sclar
panels. We ha¥e installed air 50urce heat pumps wfrlhin our iwo recentty built boarding Houses and our new
Pavilron Dinin8 room and we have water borehole5 thai facditate the watering of our main rugby and
CTrtkei piiches.
ive rematn committed to fvrther reducing our Cathn Footprint arKI impro¥ingtyJr environmental
SU5tainability. In p?rriculèr, the followinB project5 are planned for this finaKial year..
l. Thè Tilsley Park flood lighting proiect= eniirety replacinB all ihe floodlights with energy efficient LED
flo&Jlights.
2. The installation of 131 solar panels at filsley Park io Improve ihe sports facility Cèfbon footprint
Planting of more biodiversity zones at the Prep School and development of more hedging and tree
planting to support wildlife habitat on the main Abin8don School site.
EgyalltyArt
Ablngdon Schogl complies with the Equality Act 2010 and is comm￿e0 to pro¥Klin8 equal opportunitie5 in
employment. The School's policies seek to avoid unlawlul discrimination in all aspect5 of employment induding
e£ruitrneni, promotion. opportunities for tiainin& pay and tenefits, discipline and selectton for ¥edundanc¥.
Dtsabled pews
The School will employ disabled person5 when they appear to be the most suiiable candidate for a particular
vacancy and every effort tr5 mède to ensure thw are eNen full and fair consideration when such vacancies arise.
Durlrte employment the School seeks to wcyk with employee5. cun$￿e(Irtg their personal cir¢vmstafttes. to
ensure appropriatetrainin& development and advancement opportwlities are available toenable them to reach
their full potential.
SectEon 172 soatem*rt
This section is in response to a reportin8 Tequirement to explain how the Governors. as Directors of ihe Charitv.
have had re8ard io broader stakeholder intèrests when performing their duties Under settion 172 of the
Companies Act 2006. It 15 iniended to act as a '51gnp05t' to the relevant ar?35 of ihe Governor5, repDrt and not
to rèpeat the thscussion in other seuions of ihe report.
The Governors understsnd the iiiiportance of maintaininR p¥oductive relaiionships with all stakeholders. Thev
do this in manyways, includino as de5uibed in our Section on Public Benefit Ipa8t 71 and Employee involvement
Ipa8e 31. The inclusion on page 11 of an EnerÉy and Carbon sellion dernonsirate5 the Governors, regard tg the
role the Charity plays in dimate than8e.
Our Aim5 and Ethos slatement on page 3 euides ihe Ime-term dethsion makln8 of Govemors and the sertion on
page 4 explains Ihe d￿lS10Th5 taken in the interesis of all the Charit(s stakeholders in response io risk. The
commentary. Slartin8 on pa8e S. that di5CUS5es academic results. 8rant.rnakin8 policy. plans for future
periodsand capital deyeloprnents hejpsexplainthe Governors. fowson thepromotion and succe5softheCharity
for the pupils at Abingdon, both ojrrenily in the luiure.
Finally. thè settion on Strutture. Governance and MaThaÈèment starting on page 2 underlines the locus ol the
Governors on runninB the Charity elfettively and to stsndards for ihe benefit of all its stakeh￿derS.
Page 13

ABINGDON SCHOOL
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 AUGUST 2025
siatement of Dlrtrtorf AÈsponsWltle5
Thedirertorsare responsible for preparin8the Direuofs. Report and the financial staternents in accordancewith
applicable law and regulations. Company law requires the directors to prepare linancial statements for e3ch
linancsal year in accofdance with United Kingdom Generally Accepted Accounting Practice (United Kin8dom
Accountin8 Standards) and applicable law. Under cornpany law the director5 Must not approve the financial
statements unless they are satisfied that ihey 8Ne a true and fair view of the slate of affairs of the tharity and
the 8rovp and ol the surplus or deficit of the 8roup for thai pertod. In weparin8 these financial sthtements. the
directOTS are required to".
selett suitable accovfitlng policies and then apply thern consistÈntty.'
observe the rnethods and pcinciples in the Charilies SORP..
rnake judgernents and accountin8 estimaies ihat afe ￿asOnable and prudent..
stale whether applicable UK Accountin8 Stantlart1s have been folknwed. Subject to any material
departures disclosed and explained in ihe financial starements."
prepare the financial statemenis on the 8obnR concern basis unless it is inapwopriate to presume that
the tharitable company will continue in
The directors are fesponsible for ensuring that adeouaie accountin8 records are maintained thai are sufficient
to show and explain thètharitV5 and the group's tTansactions and drsclose with rea$¢￿able accuracy at any time
the financial position of the charity and ihe 8roup and enable them io ensure that the financlal statements
comply W￿th the Companies Aci 2CKI6. They are also responsible for safe8uardin8 the a55ets ol the charlly and
the group and ensuring their proper application in accordancevjith chaitty law. and hence for takn.ng reasonable
steps for thè prevention and detection of fraud and orher irregularitie5.
Provlslon oJlnfvmi•t•on to the oudltor
Each olihe persons who a￿ directors at the time when this direttors, report Is approved has confirmed that..
so far as that each director is aware. there is no relevani audit inflxmation of which the thafitable
cornpany and the Group's audiiof is unaware- and
eath director has taken all rhe sieps that OU8ht to have been tsken as a director in order to be aware of
any information needed by the chariiable company and ihe Group's auditors in connection wilh preparin8
their report and to establish that the tharitable company and ihe Group'5 auditN l5 aware of that
Informatlon.
Audttor
Grawta Audit Oxford LLP ha5 indicated its wllin8iiess to coniinue sn oifice.
The Report of the Directors and incorpoiaied 5trate8ic Report were approved by ihe Board on 3rd Oecember
2025.
JAMES SPORLE
Chalr of GoverrKJIS
Page 14

ABINGOON SCHOOL
INDEPENDENT AUDITORS. REPORTTOTHE MEMBERS OF ABINGIM)N SCHOIX
FOR ThE YEAR ENDED 31 AUGUST 2025
Independent Audttorf Roport to the membors olAblnekn Sthool
Oplnlon
We have avdiied the Imancial statements of Abingdon Sthool Ith• 'parent charita1￿¢ company'l and its
subsldlar￿S Ithe'8roup'l for the year ended 31 Augvst 2025 whKh comprise con501idated siatement of financial
artlvities. the sth¢)ol and con501idated balance 5heets.the consolidated statement olcash fl¢)ws and note5 to the
financial 5taternents. including significant accounti￿ policies. The financial reportFn8 framework that ha5 been
applied in their preparation is ap￿1¢able law and Uniied Kin8dom Accounting 51andards. indudin8 FRS 102-The
Financial Reportin8 Standard applicable in ihe UK and Republic of lieland- (United Kin8dom GenerallyAccepted
Accounting Practicel.
In our opinion the finandal siatements..
gNe a true and fair view ol the state of the 8roup's and the pafent charitable comp3n¥ls affairs as at 31
August 2025 and of the group's incoming resources and applicat￿n of resources. induding its income
and expenditure, fof the year then ended..
have been properly prepared In attordarKe with United Kingdom Generally Accepted Accountlng
Practice,. and
have been prepared in accordance with the requirements of thècornpanies Aei 2ri)6.
Basls lor opSnl(
We conducted our audit in accordan￿ t¥iih Internaiii)nal Standards on Audlline IUKI IISA5 IUKII and apPI￿able
lèw. Our responsibilities under thosestartdaids arefurther described in the Auditorfs responsibilities forthe audit
ol the financial statements seciion of ov¥ rewKt. We are independent of ihe group and parent charitable
company in accordance with ihe ethical requirements that aTe ieleva•i to our audit of the financial statements
in the UK. including the FRC'S Ethical siandard and we have fulfilled our other ethical responsibilities in
accordance ￿th these reqvirements. We believe that the audit e￿dence we ha¥e obtained is sufficieni and
appropriate to provide a basis for Ouf opinion.
Co"nclusion5 relatin8 to goin8 concern
In audttin8 the financial slaternents. we have conduded that the trvsiees. use of the going concern basi5 01
accounting in the preparation of the financial 5tatemenis is appropriate.
Based on the work we have performed, we ha¥e not identif*d any material uncertain¢ie5 relati￿ to event5 or
conditions rhat, individually or collertwely. may osi significant doubt on the group's or parent charitable
compan¢s ability to continue as a 8oin8 con￿rn loi a period of at leasi tWe￿e monihs from when the financial
statements are authorised for issue.
Our responsibilities and the responsibllities of the trustees with respect to going concern are desuibed in the
relèvant sections ol this rep)rt.
other information
The other information Comprises the informaiion included in ihe Reporr and Accounts other than the financial
statements and our auditorfs repwi ihereon. The twsiees are responsible for the other information contained
within the Report and Accounts. Our ownion on ihe financial statements does noi cover the other information
and, except to the extent othe¥vrise explittity stated in our report. we do not express any form of assuran
eonclusion thereon.
Our responsibility is to fead the oiher infon￿atIOn and. rn doing so, consider whether the other information is
materially inttjnsistent wth thè finantial statements or our kn¢)wled8e obtained rn the tourse of the audit or
othen￿lSe appears tts be materially rnisstated. If we Identify suth material inconsistenties or apparent material
Page 15

ABINGDON SCHOC
INDEPENDENT AUDITORS. REPORTTO THE MEMBERS OF ABINGIKIN SCHOOL
FOR THE YEAR ENDED 31 AUGUST 2025
mi$5taternents. we are required io detem)ine whether this gives riseto a material misststement In the financial
Staternents themselves. If, based on the work we have performed. we condude that there is a material
mi55tatement of this other information. we are required tts report that fact.
We have nothlng to repjrt in this regard.
(Iplnlonson othermattws wesulbed bythe CMwtesAci 2006
In our oplnion, based on the work undertaken in the courseof ihe audit=
the information Biven in the Directors, Reporl. which indudes the Directors. Report and ihe Strategic
Report prepared for the purp05e5 of cornpany law. for the financial year lor which ihe financtal
ststements are prepared is conslstent with ihe finan¢ial statements- and
the Oirettors, Report and the Strategic Report indudedwithin the DKettors' Report have been prepared
in accordante with applicablè legal requirements.
Matters on whkh we are requlred to report by ex¢eptlo
In rhe light of ihe knowledge and understandin8 of the eroup and the parenr charitable company and their
environrnent obtained Sn the course of the audit, wehave not identified maierial rnisstatement5 in the Director5,
Report or the Strate8ic Report induded within the DiTecrors' Report.
We have nothine to report in rèspect of the following matters where the Companies Ad 2006 reouires us to
report to you rf. in our opinion..
adequate accounting recofds have not been kepi by the parent charitable company, or return5
adequate for our au¢ii have noi been recelved from branches not visited by us." or
the parent charitable company finantial statements are not in a8feement with the accounting records
and retufns,. or
certain disclosures of trustees. remuneratioft specified by law are not made" or
we have not received all the information and explanations we fequire for Our audlt.
Aespwsibllltles of trusteos
As txplalned more fully in the statement ol Direttors. responsibilities set clut on page IS. the trustees Iwho are
ako the diretttsr5 of the charilabk ￿MpanY fof the purpose5 of company lawl are responsible ftx the
preparation ol ihe financial 5tatement5 and for being satisfied that they give a true and fair view, and for such
intwnal control as the trustees determine ss necessary to enablethe Fweparatlon of financlal staiemenis that are
free from material missiatemenl. whether due to fraud or error.
In preparing the finanoal statements. Ihe Directors are responsib￿ for assessing the group's and paient
cha¥rtable companvs ability to coniinue as a 80in8 concern, disclosin& as appltcable. matters related to going
concern and usin8 the goina concern basis of accoun¢4n8 unless ihe trustees either intend to liquidate the group
or parent charitsble company or tg cease operaiims. Of have no realtstic akefnati¥e but to do 50.
Audltor< re5ponslbllhlesfor the audlt of the finantial siatem
Oui objectives are to Obta￿ rèasonable assurante about whether the finanoal statements as a whole are free
from rnatèrial mtssiatement. whether due io fraud or eiror, and to ￿sue an auditorfs replyt that indude5 our
opinion. Reasonable assurance is a h￿h level of assurar￿. but is not a 8uarantee that an audit conducted in
accordance with ISAS IUKI will always detert a maiefial missiatement when it exisis. Misstatements can arise
from fraud or error and a￿ considered materSal if. individualty or in the ag8re6ate. they could reasonably be
expected to influence the econornic decisions of users tsken on the basis of ihe5e financial statements.
Page 16

ABINGDON SCHOOL
INDEPENDENT AVDITORS. REPORTTO THE MEMBERS OF A8INGDON SCHO¢X
FOR THE YEAR ENDED 31 AUGUST 2025
The extent to whkh the audlt was ¢onsldered rapable ol dete¢tlni Irrryularrl•es. indudln8 fraud
Ourapproach to iL1entifying and 355es5ingthe risks of material misstaternent in respect of irre8ularitie5, ￿ClUdIng
fraud and nO￿(OmplIance wth la￿ and regulat￿s. Wa5 as follows:
the er￿eement partner ènsured that the en8a8ement tèam collectwe￿ had the appropriate
ompetence, capabilities and skills to bdeniify or reccenise nty)<ompliance wkh applicable laws an
regulations..
we ideniified the laws and reeulations applicable to the8roiip through dis¢ussions with
directorsltrustees and other manaaement. and from Lwr knowledge and eXper￿nCe of the settor-,
we focused on spEcific law5 and reBulalion5 which we considered may havè a dirert material effect on
the finantial siaternents or the operat*)ns ol the8roup.
we assessed the extent of compliance wilh the law5 and regulations Identified above throu8h makin8
enquirie5 of management and inspeuin8 leeal corresp￿￿nee.' and
iderttified laws and regulations were cornmunKated within the audit team regularty and the team
remained alert to instance5 01 non-compliance thioughout the au(￿t.
We assessed ihe susceptibility of the group's financial 5tsternenis to material rnt5Statement. includin8 obtainin8
an understandin8 of how fraud mi8ht occur,
makin8 enquiries of management a5 towhere they considered there wa5 susceptibility to fraud. their
knowledge ol adual, 5115pected and èlleged fraud..
con5idÈring the internal controls in ￿are io mitigaie risks of fraud and non-cornpliance with laws and
regulations.. and
To address the risk of fraud through management bias and override of controls. we..
perlormed anatytical procedures to identify any unusual or unexpected ￿latIOnShIps.
tested journal enirie5 to identify unusual transactions-
ssessed whether juil8ements and asstsmkxions made in determinlne the accountine esiimates were
indicative ol poteniial bias..
inve5tiBated the rationale behind 5ignifKant or unusual iransaaKJns.
In response to the risk of iiregulaflties and nort4offlpliante with law5 and regulations, we designed procedures
which Induded. but were not limited to..
aerean8 financial statement disclosures io undertying supporting documentation-
reading the rninutes of rneetings of those charged with 8o¥ernance.'
enquifing of managernent as to artual and potential liti'gation and clamms.
There are inherent limitation5 in our audit prLKedure5 described above. The more removed those laws and
regulations are from financial tran5artions. the le55 likety it is that we would become aware of ngn<ompliance.
Auditing standards also limit the audit procedures rÈquirtd to identify non-ctsmpliante with laws and regulations
to enquiry of the directorsltrustees and other rnana8ement and the inspection of regulatory and ￿￿è1
correspondence, if any.
Material missiatement5 that arlse due to fraud can be harder to detett than th￿e that arise from error as thev
may invoFve deliberate ￿ncealmen1 w collusion.
Pa8e 17

1111￿PENDENT AUDITORS. REKIRTTO THE MEMOERS OF ABIP4GDON SCHOOL
FOR ￿ YEAR ENDED 31 AUGUST 2025
A further descrlption of our fesponsbbilitie5 for the audit of the finandal statements Is prO￿ded on the Flnandal
Reporting Council's website at h
Thls des¢rlptlon forms part of
our auditols report.
V5e of o¥r reptyt
Thi5 report is made 501dy to the tharitablecompanrfs members. a5 ¥ b¢)dy. in a¢COfdancÈwlth Chapter 3 of Part
16 of the Companies Ad 2CYJ6. Our audit work has been undertaken $0 that wè ml8hi state io the charitable
companvs member5 those rnatters are requlred to state to them in an auditorfs report and for no other
purpose. To the fullest extent permltted by law. we do not wptorassume responslbllltyto anyone other than
the charltatsle company and thè charltabbÈ ¢ornparfs meffltjers as a body. for ourauditwork, for thi5 report, or
for the opinions we have
rned.
ROBER
KIRTWD ISenTor StatutoryAudiior>
For and on behall GAAVlfA AUDITOXFORD LLP, *atutory Auditor
Charte￿d Accounlants
Ffjrst Floor
Park Central
4ts41 Park End Street
Oxford
OXI UD
Date ￿1212025
Pa8e 18

ABINGDON SCHOOL
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Consolldated Statement of FtAatKial Artlvif￿ Ilntorporathy 5ncomt and empendllure attountl
Note
Unrestrirted Restricted Endow
Fund5
Funds
Fund5
2025
Total
Funds
£'ooo
2024
Total
Fund5
INCOME A140 ENOOWMENTS FROM..
Charitable activitie5-.
School fees
Ancillary inccme
Éarned from charitable activities
29.899
30.541
2,752
33.293
4a
31.803
32.803
Donation5
Trading & letlin8S
Investrnent5
li
1.401
iio
34.325
340
IAOI
147
34,691
564
1,327
55
35.239
TOTAL INCOME
338
EXPENDITURE
Expenditure on charitable adivities..
School operating costs
Cost5 01 raising lunds
32.351
201
169
361
32NZ
201
33.187
191
5a
Other expenditure-
Tradin8 & lettings costs
Finance costs
TOTAL EXPENDITUAE
Sa
950
33
3353$
950
37
34.070
i.o(
169
366
34,470
NET INCOME BEFORE GAINSI
ILOSSESI ON INVESTMErffs
790
169
{3381
621
769
ILossesl l Gains gn Investrnenis
Transfer5
9b
14
li
12481
27
1251
56
125
273
NEf MOVEMENT IN FUNDS
13361
677
893
Balante brought fr*rward at
I September
52.210
1.705
IL136
65.052
64,158
BALANCE CARRIEO FORWARD at
31 Au8USt
14
53291
1.637
10,800
65,729
65.052
All amounts relate io continuing opèrations.
The notes io the financial slaternents on pages 26 to 37 lorm part of these account5.
Page 19

ABINGDON SCHOOL
FINANCIAL sfATEMEMTS
FOR THE YEAR ENOED 31 AUGUST 2025
Schod and Consolldaled Sheèts
GROUP
2025
SCHOOL
X125
É'ooo
2024
£'OLKJ
2024
£'ooo
FIXEDASSETS
Tangible fixed as5et5
Investment assets
66.726
1.378
68.104
72.941
1.478
74,419
66.721
1,378
68,099
72,927
1,478
74.405
CURRENT A55ETS
Stocks
Debtors linc. £3,166k due after one year)
Cash
32
32
1.937
1.023
2.991
27
6.$42
2.952
9.521
27
1.920
732
2.679
io
3,351
9.972
CREOITORS.. Due within one year
li
17.1711
17.9101
17,0861
NET CURRENT A55ET5/IUABIUTIESI
1.949
14.1801
1.611
14,4071
TOTALASSETS LESS CURRENT UABIUTIES
70A153
70.239
69,998
CREDITORS= Due after more than one year
12
143241
15.1871
14.3241
15.1871
TOTAL NET ASSETS
65.729
65.052
65.385
64.810
ENDOWED FUNDS
13
io
11.136
10,800
11,136
REST AicfED FUND5
13
1,617
1,705
1.637
1.705
UNRESTRICTED FUNDS
13
53.292
52.210
52,948
51,969
TOTAL FUNDS
14
65.719
65.052
65J85
64,810
As permitted by 5408 01 the Companres Atl 2(1)6. thÈ tharitable tompany has not presented a separatÈ
Staternent of Financial Activities and Income and Expenditure Attount. The tharitabbe companvs net income
after expenditure wa5 £576k12024.. £781kl.
The finanual statemerbts were approved by ihe Board ofGo¥efrws of Abingdon khool on 3rd December 2025
AMES SPORLE
Chair of &)vernors
The notes to the financial sta¢￿ents on page$ 26 to 37 form part of these ￿t0￿￿t5.
Company No.. 3625063.
Pa8e 20

A8INGDON SCHOOL
FINANCIAL STATEMENYS
FOR THE YEAR ENDED 31 AUG115T 2025
Cansalldated St•tem*nl of Casth Ilfp*s
Notes
1075
2024
E'OOO
ri•t cash ynttat•d fr<￿ •pei¥ttws
18
1779
7.283
Payment ftytsnwble fixed a￿ts
Proceeds from sale of filed assets
Payments for financlal Investments
Cash wlthdriwn fmm In¥e5trnent portfollo
Oank Interest rece4ved
Net osh lbsorbed by IN¥esiiry actl¥4tfes
17171
15,1291
li
9b
202
187
1417)
14.9271
•rtI￿lI¢S..
Cash louthowllinflow from revoknnu ban* credit facility
Bank char8e5
Interest paid
Net cash 8Wt•r•ted Il•bs¢wb•dl by fln•ndr4 acllvltl
12,0001
1131
174)
12,0871
1151
1331
Incms•ADeue¥5el In c•sh kn the
319
Cèsh and Cash equiv￿efits at I September
75S
Cash and cash w¥h•lonts •1 31 AUWMI
J,351
1.023
The notes to the Ilnancial statements on p•s 26 to 37 forrn part oFth&e accowts.
Pale 21

ABINGDLY4 SCHOOL
FINANCIALSTATEMENTS
FOR ThE YEAR ENDED 31 AUGUST 2025
COMPANY LI•AITED BY GUARANTEE
The School is a tompany limited by guarantee. registwed in England. and is a Registered Charity. Each Directtsrf5
liatxlity would be limited to an arThJunt not èxceedin8 £10 in the e4ent of the school ￿nd1ft8 UP.
ACCOUMnNG POLICIES
AccountlngCon¥entlort
The financial 5tatemenis have been prepared in acCorda￿e with Accounting and RepgrtinB by Charitie5.'
Statement of Recommended Prattl￿ applicable to charities p￿paring iheir accounts in accordance with
the Financial Aeportine Standard applicabFe in the UK and Republic of Ireland IFRS102 effective l January
20191- Charities 50RP IFRS 1021. the Finanual Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021 and the Companies Att 2rJ)6 arKI under the historical cost convention modified to
include the revaluation of invesimenis at farr value.
lft accordance with FRS 102 as a quality"n8 eniity, the School has iaken advantage of the txemption from
the following disclosure requirements-.-
Settion 7 Statement of Cash Flows- Presentation of a thar5ty only Statemeni of Cash Flow and
related notts and disclosures.
Thefinanoal statements aré wepared in sterlin& which is thefunctional currency Oft￿ charity. Monetary
amounts in ihese financial Statements are rounded to the neave5t £1.￿0.
Abin8don School meets the definition of a publK berlefrt entity under FRS 102.
The thariirfs business addres5 ￿ Abl￿dOn Stho(A. Park Road. th"n8don. Oxfordshiie OX14 IDE.
bl
GOO￿ concern
At the time of aPPfovir)g the finanoal statements. Ihe Directors have a reasonable expertation that the
tharity and 8roup have atlequate reSCwr￿ to Conlinue in operattonal existen￿ for the fo¥e5eeable
futurt. We have prepared a number of scenarios that congder our cash position, source5 of income and
planned expenditure. These s￿naTioS considty reduced pupil number5. reduced fee5 and potential bad
debts as well as the impacr of VATand affordabiliry on fe￿ Sensiiivity arovnd these as5VrnPtions has also
been considered in our forec35tln8. Re5vIts of thTrs cash Ilow and sensitivity anatysi5 indicatethat the c3sh
reserves of ihe charity are adequate to meet the charitWs obligations as they fall due. Thus the Directors
ontinue to adopt thè going concein basi5 of accounting in preparing the finaneièl statements.
Ba515 of consolldafi¢)n
The consolidaietl leroupl attounts comprfse the tharity and itswholly-owned subsidiaryAbingdon School
Enterprises limited_ All intra-group iraftsattions. balancés and Un￿alISed gains on transactions between
eroup companies are eliminated on tonsolidètion.
A summary of the prof4t and loss account foi the
SUbs￿lary is shown in rtote 17_ A separaie 5taiement ol Financial Activities and Income and Expenditure
account for ihe School itself has not been pfesente<l in accordance wilh the exemptions afforded by
Section 408ofthe CgmparHesArt 20)6. The Sthool's incomewas £33.338k12024-£33,950kl. expenditure
£32,818k12024 £33.294kl. and a gain on investments of £56K WvlNd net Income of £576k12024-. £781kl.
dl
Fees and Slm*r Inwme
Fees reteivable and charges for servtce5 arKI vseof premises are accounied for in the period in which the
SeTr1￿ Is provided. Fees rec*ivablt are stated after deduttinE allowances, scholarship5 and othèr
rernisslons allowèd by the School.
Interest income 15 accrued on z tiM&apF￿tl0fted ba515, by reference to the principal outstanding at the
effetti¥e inierest rate. All income was generated in the VK.
Page 22

ABINGDON SCHOOL
FIP4ANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Donations
Donations receNed ftr the 8eneral purposes of the Schcd5 arè tredtt•d to 'unrestrTrcted funds, and are
recognised when entitlement ID the funds exists. receipt is probable and the amount can be reliably
measured. Donations Subject lo specific wi5he5 of rhe donor5 are (arried to relevani reslrirted lund5 Qr
to endowed fvnds wherè the amovnt is reqviied to be held as perrnanent capital.
ExpendltUf•
Expenditure is reco8nised once there is a W or constructive obleat￿n io make a payment io a third
paity. it is probable thot Settlement will be required and the amount of the obligation (an be measured
reliably. Certain expenditLJie is apportioned to C05t categories based on the estiM￿e￿ amount
attributable to that activity in the year. Any Irrecoverab￿ element of VAT is included with the item of
expense to which it relates.
Costs of raising funds comprise the costs a5SOCiated with atirartin8 voluniary irKome as well as costs
incurred liaisin8 Wlth alumrm.
Charitable expendlture comprises those costs incurred by ihe charity in the delivery of its actNltie5 and
services lor its beneficiarTes. It indudes both costs that can be allocated directly to such activitie5 and
those cosrs of an indirect nature necessary to support them. Governante costs cornprise the cost of
runnin8 the charity. induding external audiL Governors bt8al advice and tonsiitutitsnal and statutory
compliance costs.
Investrnents
Listed investments ale carried ai theii mid4￿a￿et value at the bal•ce sheet dale. Reallsed 8alns and
losses on investmenis are calculated as the difference beiween sale proceeds and market value at the
Start of the year or 5ubsequeni cosi and are cre<lited or char8ed io the statement ol financial acti¥ilies in
the year of disp05al. Unreali5ed gains and losse5 represent the rnovement in the markel values during the
year and are uedited or thar8ed to the statement of financial actt¥ities based on the markel value at the
vtar end.
Unlisted investmÈnts are held at cos¢.
IrNestment Income
Income frorn these in¥e5tments is accounted lor on a recavable basis. Intertst Is accounted far on an
acuuals basis.
Sto¢ks
Stock is valued at ihe lower of c05t and net realisabEe ¥alue.
Debtors
Trade and other debttsr5 are recognisèd at the settiernent amount due after any trade discouni offered.
Prepayments are valued at the arnount prepaid net of any trade discounts due.
kl
Tani5ble Flyted A55ets
Tangible assets are stated at historical c05t or valuation less depreciation. Items of É5.LThXI or 1*ss are
expensed in the year. Projecis under construdion are depreciated. Oepreciation is provided on
straighi4ine basis as follows..
Buiklings
generalty 40 ¥￿$. in no event more ihan 50years
Mgtor vehicles
4 years
Sports equipment
4 years
FixtLs¥e5. Fittings and Equipment 4 to 10 years
The carryin8 values ol fixed ass￿5 are re￿eWed for irhwaiwrnent only when e¥ents inditaie the carryin8
value may be impaired.
Page 23

ABINGDON SCHOOL .
FINApiaAL STATEMENTS
FOR THE YEAR ENDED 31 AVGUST Z025
Cash at bank
Cash at bank andt3sh in handincludes cash andshortterm hightyliquid investrnents with 4 short maturitv
of ihree month5 or less from the date of acquisition or opening of the deposii or simllar account.
Credliors
liabilities are recognised wSthin the finandal statements in resped of all expenditure for whith the entity
has a rneasurable obligation. be it constructwe or legal. at the balance sheet date.
Finandal In5trurn*nts
The Sthaol applies the prw5ions of Sectiw Il'Basic FinarKial InstrUrr￿tS. of FRS 102, in lull. to all of its
financial ￿$truMeNts.
Financial assets and finantial liabilities are re¢oBnised when the School becomes a pany tothecontractual
provisions OF ihe instrumeni. antl ale offsei onlywhen the Sthool cuirenily has a legalty enforceable Tight
to set off the reco8nised amounts and inrends etther to settle on a net basis. or to realise the asset and
settle the liabiliiy simultaneousty.
Finunciolossets
8asic financial assets which indude trade and other receivables and cash and bank balances, are rnitially
Measured al transaction price includfrng transaction costs and are 5ub5equently carried ai amortised cost
usin8 the effective interest method. unless the arrangement constitutes a finantin8 transacrion. where
the transactlon is measured at the preseftt value of the future receipts discounted ai a markel rate of
interest.
Finonciol liobilifres
8asic financial liabilities i￿ludIng trade and other creditors are Initial￿ measured at transadion prite.
unle55 the arran8ement constituies a financin8 transaction. where ihe debi instrument is measured at
the preseni value of rhe fulure receipts discounted at a market rate ol interest. Other financial liabilitie5
classified a5 fair value through profit or1055 are measured at fair value and are subsequently measured at
amortised c05t.
Pensfjon Costs
The School opefaies two types of p￿$￿1￿ scheme5 for their employees.
reoching Stoff
The kh¢KJl contributes to the Teathers. Pension Defined 8enefit$ 5theme èt rates set by the Scheme
Actuary and athfised ro the Board by ihe Scheme Administrator. The stheme is a multi-ernptoyer pen￿On
Scheme and it is nor possible to identify ihe •sse15 and liabililies of the schemewhich are attributable to
the School. In accgrdance with FRS102 ihefefore. the scheme ￿ xcounted for as a defirtred contribvtion
scherne.
Teoching und Non-feoching Stoff Scheme
There are three different schemes all ot whith operate on a defined contibbution basis. The pension tost
charged to the Statement of Finanual ActNities iewesents the amount of the contributions payable to
the sthemt in rtsptct of the zcctyjnting period.
Employee benellts
The CDSts ol ernployee benefits are recoBnised as a h"ability and an expense. unless those cosis ère
required to be reco8nised as part of the (ost of Stock or fixed assets.
The cost of any unused holiday entftlemeni is recoKni5ed bn the Per￿ in whlch the employee's seThices
are received.
Termination benefits are retognisefl immediately as èn expense when the School is demonstrably
committed to terminate the employment ol an employee or to provide termination benefits.
Pa8e 24

ABINGDON SCHOOL
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST Z025
ql
Leases
Assets obtarrted underhire purchase contracts are capitalised in the balance sheet. Those hekl uftder hTr*
purchasè tontracts are depreciated o¥w their esiimated useful lives or the lease iwm, whlchever 15
shorter.
Rentals paid under operating leases arechargetl to statementof finanual actr¥ities on a straight line basis
over the peri¢)d of the lease.
und a¢¢ountln•
Restricted funds are to be used for specrfied Purposes laid down by Ihe donor. Expent1iture for those
wrposes is charged to the fund, tO8eiher wbih a fair aUo(ation of overheads support costs.
Unrestricled lund5 are donations and other irKom1￿ resources recei¥ed or 8enerated for e¥penditure on
the general objettives af the Trusi.
Endowment fvnds consist of fixed asset donations where the capital is held to provide income for
bursaries. The purpose to whith these 355ets rnay beapplied is restricted in ￿(ordanCe with the terms of
the endowment trusL
Jud8•menfs and kny sour¢os Ol t￿lMatIOn un¢•rtalnty
In the application of the charitW5 accounting policie5. the Oireclors ale required to make jud8ement5.
estimates and assumprions about ihe carrwng arnount of assets and liabilities that are noi readi
apparent from other sources. The estimates and a5SOaated assumptions are based on hisiofical
experience and other factors that are cOn￿dered to be relevant. Aciual resulls may diffw from ihese
e5timaie5.
The estimates and Under￿Ing as5umptKJns arè reviewed on an ongoing basis. Revisions to accounli
estimates are recogniseil in the period in which the estimate is revi5e(I where the revision affects only
that period. or in the period of th*revI￿0Th and luture periods where the revision afferts bothcurrent and
future pefiods.
The followlng jud8ements have had the most Significant effed on amounts recognised In the financlal
statemenis.,
Depredatlon of tarrflble flmtd assets
The Governois exerose theirjudgement in assesgng thè èxpected remaining usefvl life of the a55ets held.
Pa8e 25

A8INGOON SCHOOL
FINANCIAL sfATEMENrs
FOR THE YEAR ENDED JI AUGUST 2025
SCHOOL FEES
Fe￿ retel¥abfe rons15t of:
2025
£'ooo
2024
Gross tuition fees
Less.. kholarships. Foundation Grants and Comrnission5
31,894
1718
31,176
32.486
17161
31,784
Less= Bursaries from unrestricted fund5
Less-. Bvrsaries from restrirted funds
Total Burwies
Ii.OZ91
12481
11.2771
11.0251
12181
11,2431
14et re¢elv4ble
29.899
30,541
OTHER INCOME
al Ancillary In¢ome
1025
£'ooo
2024
£'ots)
Coaches. rrips and oiher recharges
Re8i5traiion fees
Retainedfforfeiied deposlt income
oiher ancillary income
T￿41
2A75
134
243
52
2.3S8
123
147
114
2.752
bl Investsneni Income
20Z5
2024
Dividends recebved in investmeni portfolio
Bank intere51 recetved
Tffjal
51
51
147
ss
¢1 Oon•tion5 Incom*
2025
2024
Restricted bursaries
Other restricted donations
Unrestritted L1onaiions
Total
457
106
li
13
564
Page 26

ABINGOOPI SCHOOL
NANCIAL STATEMENTS
FOR THE YEAR ENOED 31 AUGUST 2025
EXPENDITURE
Analys15 of total expenditure
Staff ¢w
Depr•¢.
fjatlon.
£'ooo
Total
¢osos
2025
£'o
Expendllwe on chwrtable artiTAtles:
Teaching c0$15
Welfare
Premises
Support
Governantr costs (note 71
Coaches. trips and othef
Grants, awafds and prizes
15.799
I￿7
1,06Z
1,721
2,223
2,482
7Z8
158
17,678
3.271
6.593
2.737
3JJ49
31
2.569
9.722
3.207
32A82
Other eypenditure..
Tradine and lettin8 COSIS
Fundraising COSt5
Finance costs (note 61
Total ejtpendllure
433
149
S07
io
9$0
201
37
34.070
37
10319
20,534
3.217
* Includes proceed5 from disposal of fixed asws
St•ff costs
Other
costs
Dep￿.
lation
Total
2024
£'(#Jo
Expenditure rm <h¥it•ble a￿l￿tIes.
Teac￿n8 costs
Welfare
Premises
Support
Governance cost5 Inote 71
Coaches. trips and other
15.567
1.568
IZ2
17258
3.282
7,138
2.995
2S
2.489
33.187
1903
911
22
3336
106
19.753
10,075
3J58
oihw expendliure:
Tiading and letting costs
Fundraising cost5
Finance costs Inote 61
Total expendftyre
514
17
1.000
191
107
20.329
10.767
3,375
34.470
' Indude51055 on disp¢)sal of rued a55ets
Support costs indude staff costs and other costs fdated to rnarketin& advertisiw finance, HR,
photocopying and other administration costs.
Pa6e 27

ABINGDON SCHOOL
FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 AUGUST 2025
EXPENDITURE Itoniinuedl
bl
Net Inromini res(wr¢es are stated after c￿1￿.
2025
É'ooo
2024
£'oco
OepreThation of tangible fixed asset5
Proceeds from sèle of fixed asseis
Auditors. remuneraiior for audit
Other professional seNces from ￿dit firm-
Tax compliance services
Oihef non-audit sèrvices
3.217
121
19
3.375
21
The above t05ts indude irnet¢)verableVAT.
Émployer p•yroll ¢oMs
2025
2024
Waees and Salaries
Social security costs
Penslon contribution5
ISJ52
1,7410
2.995
20.277
15,411
1.673
2.859
19.944
Theaverage numberof pefsorts employed by the Groupand thecompany in theyeèr was 41112024.. 4111.
Of these 165 were ieachiw8 Staff12024: 1611. In a¢Jdition to the above there were 4912024.. 521 rnusic.
5POrt and E￿lISh as a For•8n Lan8uage teachers.
Inclu¢Jed in wages and salarie5 above are termination payments totalling E25k12024.. £147kl.
Neither the Oirettors nor persons connetted wilh ihem received arryfemuneration or othef benefit5 from
the Schools or any connetted orRafii%at￿n.
The number of efflployees whose emolumenrs exceeded £60.¢XK) wefe".
2025
140.
2024
No.
É60,001.É70,LV)
£70,001.£80.fA
£80.CQi.£W.OCKJ
£￿.C4)I.£l{x}.C
£i00.￿l-£i10,c¥Lj
£IIO.CQI-£120,L
£120.CQI.£130.C¢Q
EI30.CQI-£140.LKY)
£170.001-£180,(PXI
£180.001-£190.CO)
£190,001-E200.C
£240.Lm)1-£2SO.￿)
36
26
27
Pension costs for 5tsff earning over £60,(Ul were El.352k12024- El,338kl. This relate5 to Defined
Contribulion schemes for S8 staff12024." 571 and tjefined 8enefit schemes for 22 staff12024.. 211.
Page 28

AB114GDON SCHOOL
NANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST Z015
EXpE￿￿TuRE lrnntlnuedl
dl K•y manwment porsonnel (Group khooll
The annual ¢ost for the members ot staff who are consldered to be key rnanayffi￿t personnel Iln
addltlon to the 8o¥ern¢YsI were..
2024
lJ26
1.502
Key managerneni perwnnel Indude the Heads of AbIn￿n School and Abin8don Prep Sthool. the
Oliectoi of Flnance and Operatlon5. and the Oirertor of External Relations. It a150 induiles the Senior
Deputy Head. Deputy Head E￿¢at￿lI Oe•*lopment. OeputyHeadAcademtcand DeputyHe•d Pastoral
at Abiwdon Sch¢)ol.
FINANCE COSTS
2024
E'OOO
Bank charges
IM•rest paid oft loans and ¢Mrdraft
Investment mana8tr fees
13
75
17
37
GOVERNANCE COSTS
20
2024
Audltor's remufterètlon
Governance admlnistratlon costs
r>overnor expenses and costs
1>
25
Ourlngihe year 5 Go¥em(n12024: 61 were refjmbufsed £2.71212024: E2.6041 In ￿SpeCI oftravel
ey4>enses.
Pa8e 29

ABINGDON SCHOOi
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AVGUST 2025
TANryBLE FIXED ASSETS
al Group
Land Prrferts
irl Proves5
FL¥ture5
Flttlny &
Equ5pment
ro
Motor
Vehldes
Total
Equiprnent
&￿IldIn
É'o
At l September 2024
Additions
CG5 VAT claim
At 31 Au8USt 2025
90.957
230
13.1071
88.079
804
18.499
35
15871
17.949
111,147
697
13.6941
108,152
431
431
O•pre¢latlon
At I Septernber 2024
Charged for the period
At 31 Au8ilSt 2025
23.748
1.795
25.543
730
30
760
12,973
1.327
14.300
755
68
813
38,206
3,219
41,426
Plet Book Value
At 31 A￿￿$t 202$
62.536
431
3.650
66.726
At 31 Au8USt 2024
67,208
74
5,528
l32
72.941
bl 5¢hool
land Projects in
Sport5
Progress Equipment
Fixture5
Fitting5 &
Equlpment
£'ooo
Motor
Vehi¢les
Total
8uMdin
vooo
£'ooo
Cost
At I September 2024
.Addiiions
CGS VAT Clairn
At 31 August 2025
gJ,957
230
13.1071
88,079
795
. ￿.300
35
15871
17.750
110,940
697
13.6941
107.943
431
431
795
DeprecIa￿an
At I September 2024
ChaT8ed for the period
At 31 A￿gU$r 2025
23.748
1.795
25544
721
12.788
1.317
14.105
755
68
823
38.013
3,209
41.222
751
Net Book Value
At 31 August 2025
62.536
431
3.645
66.721
At 31 August 2024
67.208
74
S.S12
132
72.927
The above assets are all Used in ihe furtherance of the Charstws objects. Due to the change in VAT
lewlation. the School is able io recover VAT incurred on earlie¥ capital projetts via the Capital Good5
Scheme ICGSI. The recoverable amounts above are shown in shM- and lore-term debtor5.
Pa8e 30

ABINGDON SCHOOL
FifiANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AVGUST 2025
TANGIBLE FIXED ASSETS Itontinuedl
Ae¥aluat5on resen
The net carrying value of the School's freehold ￿nd and buildings of E62,536k12024.. É67.208kl are held
atdeemed cost based on a valuation carried out by GVAGrirnley Internaiional Property Advisers in August
1999, who prepared Existing Use Valuaiions on eath of the iwo Schools. adopting a Depreclated
RePla￿rnent Cosi basis lor the AbirKgdon site an(1 boathouse5. This gave rise to a revaluation reserye of
£12.576k12024.. £12.576kl.
Had the land and buildin85 been included in the attounts at historical cost. the nei book value woutd
have been as foll¢)ws:
2025
2024
E'ooo
Cost
Accurnulated depre¢iaiion
Hi5toriral net book Value
75.503
123.0801
52,423
78.381
121.2021
57.179
INVESTMENTS
The Chwlvs Investments are as foll￿$.
2025
£'ty)o
2024
Liste(J investrnÈnts. at maTkÈt valut
Cash awaitin8 re-investment
1335
26
1.361
1.439
22
1,461
i?
1,478
Unlisted in￿tsnentS
Investments
1,378
The carryin6 value of Abinadon School Enterprise5 Itd is £1.
bl
In¥esthients
The fflovemeni during the year on in¥estmenis and cash is shown below:
restrkted Restrkted Perni•nent
Total
'ooo
At I Septernber 2024
Transfers
Additions
Dividends received
Cash wthdraw
Cost of fund management
Unrealised 8ain
At 31 Au8USt ZQ25
435
324
719
1,47B
14
28
12SI
51
12021
11431
18
433
li
201
27
74M
56
1.378
The historic cost of the investments lincludin8 cashl is £1,248k 12024.. £1,317kl. Included in the
investments are overseas investments with a market vaue of f 1,335k12024.. £1,056kl.
Page 31

A8INGDON SCHOOL
FJNANCIALSTATEMEpirs
FOR THE YEAR ENDED 31 AUGusf 2025
INVESTMENTS Iconiinuedl
In¥e5tment In sub51dlary
The inve5trnent in Abingdon 5th001 Enterprises Limited re￿￿entS 100% of the Share capital of that
company. The company is re8lStered in the UK operate5 a lettin8S, Sports and leisure bu5ines5. The
re8iStered office is Akn"n8don Schod. Park Road, Abin8don. Oxon, OX14 IDE. The results ol this entity are
consolidated inio these financial staiements. The investment in the subsidiary is eliminared on
tOll501idation. The results of the subsidiary are disdosed in Note 17.
io.
DEgTORS
GROUP
Z025
SCHOOL
2025
2024
2024
Sundry debtor5 and prepayments
Fee5 and extra5
Amount5 due from subsidiary
Short term CGS VAT debto
Long term CGS VAT debtor
1,618
319
2,392
394
62
528
3,166
6,541
1,605
248
67
491
S28
3,166
6,589
1.937
1.920
Due io the chan8e in VAT legislation. Ihe School is able to recover VAT incurred on earlier capital
prolects via the Capital Good$ scheme ICfjS1. The cecoverable amounts above are shown in short- and
long-term debtors.
ii.
CREDITORS.. AMOUNTS DUE WITrIIN ONE YEAR
GROUP
2025
SCIIOOL
2025
2024
rooo E'(￿0
2024
Fees receive(f in at1vance
Trade crediiors
Other tax and social security creditor5
Sundry creditors and acuuals
Acceptance deposits
3.517
3.652
876
754
1.325
564
7,171
3.517
L567
781
3.652
870
749
1,251
564
7.086
1542
8,023
7.910
Sundry ueditors and acuuals include £319k12024." E580kl for accrued wwt¢s for capital projects.
12.
CREDITORS.. AMOUNTS OUE IN MORE THAN ONE YEAR
GROUP AND SCHOOL
202S
2024
£'ooo
Fees received in advance
Acceptance deposits
937
3387
4J24
2.069
3,118
5,187
Accepianct deposits iepreseni deposits taken ai the tin* a pupll has been 8fanted a place ai the school
and are relundable when the pupil finishes their education at the xhool. The deposits are allocated to
creditors owed in le$5 or mofe than one year accordin6 to when the pupil is norffialty expeued to leave
the School.
Pa8e 32

ABINGDON SCHOOL
FINAN0￿ STATEMEPITS
FOR THE YEAR ENDEO 31 AUGUST 2025
13.
ALLOCATION OF GROUP NET ASSETS
Nxed Assets in¥estm¢nts
CUT￿nt assèts
le5$ total
Ilabllltles
É'fy)o
Tot
2025
ermanent endtmment
Hammond leeacy
Land and buildings
Expendablt endowment
Land and buildings
Yotal Endowment fund5
744
744
8,3%
8.396
1,661
.os?
1.661
10,800
744
Restrlcted Iwthls
IA36
1,637
Unrestrlrted lunds
433
14.1501
52,948
Totsl School
66.721
1.378
11714)
65J16
Subsidiary reserves
337
343
Total Group
66.726
1,378
123771
65.729
Fixed Assèts . In¥estmenls
C￿rrent a55et5
less total
Ilabilitles
Total
2024
Permanent endowment
afflrnond legacy
Land and buildin85
Expendable endowme
Land and buildin8S
Total Endowment fvnds
719
719
8,628
8,628
L789
10.418
1.789
11.137
719
Restrl¢ted furtds
324
1.382
1.706
Unrestrlrted funds
435
110.9791
51.966
Totsl School
72.927
IA78
19,5971
64,810
Subsidlary reserves
14
228
242
Total Group
72.911
1.478
19.3681
65,052
Free reserves 2025.-1£3.38Okl. 2024..1£10.316kl are definèd as the unrestrirted element5 01 Investments and
Current assets less total liabililie5.
Pa8e 33

ABINGDON 5CHCK•L
HNAP40Ai STATEMENTS
FOR THE YEAR £NDE0 31 AVGU5T 2025
14.
FUNDS
Balance
31 August Transfers
2024
In¢¢me E¥pendltwe Investrnent
galn
Balance
31 August
20Z5
1015
£￿00
Permanent endo¥miont
Hammond legacy
Piiie fufid5
Land anij buildin85
Expendable endowme
Land an¢J byildin8S
Total fndowrnent fvnds
719
1251
28
151
27
744
8.628
1233
8.396
1.789
11.137
11291
13671
1,661
11.137
Restrlcted funds
12481
11691
li
1.637
Unrestricted fund5
Si.966
273
32.972
1313831
52.947
Totsi Sch*)ol funds
64JiO
33338
I32￿19]
56
65.384
SubsSdlary reser¥es
242
1.353
11.2521
343
Total Group funds
65A152
34.691
134A1701
56
65,729
Balan
31 August Transleys
2023
Income Expenditure
In?￿Stment
8alan¢e
31 August
2024
2024
rooo
,Permanent endown*nt
Hammond le83ty
Priie funt1s
land and buildings
Expendable endowrneTht
Land and buildings
Total Endowment funds
665
1261
161
719
8.861
12331
8.628
1.918
11.444
11291
13671
1,789
11,137
1261
26
Restrfrted funds
1.485
12181
IIS71
32
Unreslrlrted funds
51m9
244
33361
{31ml
33
51,966
Total Sthool funds
64,028
33.951
133.2941
125
64,810
Subsidiary reserves
131
1.288
11.1771
242
Total Gr¢yup fvnd5
64,158
35.239
134.4701
115
65,052
Page 34

ABINGDON SCHOOL
FINANaAL STATEMEP4TS
FOR THE YEAR ENDED 31 AUGUST 2025
The Hammond legacy is an endowrnent invested to pr￿ide income for bursary and other support. Thè
income from each yeai is then iransfefied inio unrestricted to provide funds for the school.
Restricted fvntls are to prowde for the lon8-ierm futu￿ for the Sthool and to Pro￿4* funds for bursarie5
and 5tholarships ai the Governors. discietion. The additions in the year are either for bufsarie5 and
stholarships or areas specified by Iht donors.
15.
CAPITAL COMMITMENTS- GROUP AND SCHOOL
Capital commitmeftts as at 31 Aygv51 2025 totalled £nil 12024-. £nill.
16.
OPERATING LEASES-GROUP ANO SCHOOL
At 31 August 2025. there were outstand1￿COMMitMents for fuiure minimurn lease payments under non-
ancellable operatinB lea5e5. which 1311 due a5 follw..
2025
2024
Within one year
Wiihin two and five years
Over five yeafs
24
32
32
32
48
40
120
17.
RESULTS OF THE TRADING SUB51DIARY
The school owns a non-charitable ifading subsidiary. Abingdon Sth00l Enierpri5es Limited, registered
company nurnber 4442429. which operates a5 a feiail and leitings busine55 and distributes any taxable
profirs to the school under Gift Aid. The trading results for the subsidiary are shown below."
2Q25
2024
£'c￿0
Profft and Loss Au¢)unt
Turnover
Cost of sales
Gross Pfofii
lJ53
12951
IXIS8
1.288
12991
989
Cost of administration
Gift Aid distribution
Net IIos5y sUr￿uS
16561
13021
ioi
17001
11771
112
B•l•n¢e Sheet
Total assets
S19
11761
343
394
11521
242
Called up share capital
Profit and Loss attourni
242
242
IncI￿led ￿thin cost ol adminisiration is £2(*12024- £20kl chareed by the Charity to Abingdon Sthool
Enterprises ￿ use of ihe Amey Theatfe, Café. Sports Cenife and fil51ey Park. This charee ha5 been
eliminated on tonsolidat40n. The net Ihibility ol the tiadin8subsid60ry owed to the Charity3S at 31 Augusi
2024 was £62k.12024.. £67kl
Page 35

AeiNGDON SCHOOL
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
18.
NOTES TO THE STATEMENT OF CASH FLOWS
Reconcillation of net incoming resouices to net ta5h
generated from operation5
2025
£'ooo
2024
£'ooo
Net movement of fvnds
Investment income
IGainllLos5 on invesirnenis
Finance cost5
Depfeciation chaiges
(Profit) on disposal of fixed assets
Decrea5ellinue45el in stock5
Ilncreasel/decrea5e in debtors
Increaselldecreasel in creditors
Increase in CGS VAT recovery clairn
677
11471
1561
37
3.219
893
1551
112SI
93
3,386
14,6521
1301
3,129
3.714
Nei cash 8enerated from operations
2,779
7.283
19.
PENSION 5CHEME5
Teathers. PensloTh Stherne
The Sch¢)ol partiopates in the Teachers. Pension Scheme l-the TP5~1 for its teathing stsff. The pension
thar8e for the year includes toniribtsiions payable to the Trs of El.367k12024.. £2.804kl. At the year-end
there werè no unpald accruals In respea of contributions to ihis schemt.
The Sththjl has Èntered phased withdrawal from ihe TPS which means that therÈ are no new entrants to
the scheme sw)ce I" kpttmber 2024.
The TPS is a siatutory. contributory. defined btnefit Scheme. governed by the Teachers. Pension Scheme
Regulation5 2014. The TPS is an unfunded scheme to which boih the rnember and employer rnakes
contributions. as a percenia8e of salary- these contributions are credited to ihe Exhequer. Retirement
and other pension benefits are paid by public funds pro¥ided by Parliarnent.
The Government Artuary. usine normal actuarial kwinciples. coNlucts a formal actuarial review of the TPS
in accordance with the Public Service Pensions Ivalyations and Ernplgyer Cost Capl Direction5 2014
published by HM Treasury every 4 years. The aim of the revi￿ is to ensure scheme costs are recognised
and managed appropriatety and the review specifies the level of luture contributions.
Aduarial scheme wa￿ationS are dependent on a5sumpt40n5 about th¢ valuè of futvre tosts. deS￿n of
benefits and many other fattors. The laiest actuarial valuation of the TPS was tarried out a5 at 31 March
2020. The valuaiion report was published by the Department for Education on 27 Ortober 2023. wsih the
SCAPE rate. Set by HMT. applyin8 a notional investment return based on l.Th above the rate of CPI. The
key elements ofthe valuation 0￿COrne are:
Émployer Contrit￿tIon ra¢e5 set at 28.￿ of pertsiortable pay lincludin8 a 0.08% administration
levyl. This is an increase of 5% in èmployer ctsntributions and the tost tontrol result 1$ 5uth that
no chan8e in member benefits is needed.
Total scheme liabilities Ipensions turrenity in payment andthe estimatefl tt*st of fvture benefits)
for 5ervtce to ihe effedNe dale of £262.(LJ) milllon and notional assets le5timaied future
contributions together with the notional inve5trnents held at the valuation datel of £222.200
million. givin8 a notional past service deficit of E39.8ry) million
Pa8* 36

ABINGDON SCHO¢X
FIP4ANCIALSTATEMENTS
FOR ThE YEAR ENDED 31 AVGUST 2025
The result of this valuation has been implemenred (rom l April 2024. The next valuation result is due to
be irnplemented from l April 2027.
A copy of the viluation report and suppMir* doCumentat￿n 15 on the Teathers. pension website.
Under the definitions Set out in FRS ioz. Ihe TP5 is an unfunded multi*rnployer pension Scheme. The
Sthool has accounted for it5 contrtbutions io the scheme as il li were a defined contribotion scheme.
oiher Pension Schemes
The School 3150 funs pension schemes for its leachin8 and non-teaching siaff. which are all defined
tontributions schemes. The c05t for the year of £1.977k 12024= £871kl represents the Charit¢s
contributions to these sthemes and Ihere were no unpaid contributions out5tandin8 at the year end.
20.
RELATED PARTIES
During (he year doftatrons were received from Governors totalling £1.92012024-. E2.4451.
During the year, the School purchased usage of filsley Park totalline E79k12D24.. E74kl from the whollv
owned subsidiary undertakin& A￿n&dOn School Enierprises limited. At the balanTr sheet date, Ihe
subsidiary OW￿ the School É62k12024: £67kl.
21.
FINANCIAL INSTRUMENTS
2025
2024
£'ooo
Carrylng amount of financial assets
Financial assets at lair ¥a￿e through income or expendituie
1,378
1.478
Page 37