Company Number: 03898262 Registered in England and Wales Charity Number: 1081875 NOTRE DAME SCHOOL COBHAM ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 *AF2Q2KWX* 2310¥2026 COMPANIÈS HOUSE 1111 A17 #113 Notre Dame School Cobham Annual Report and Financial Statements for the year ended 31 August 2025 Cuntents Pale Reference and ￿Mini￿ratiVe information Annual Report of the Go¥ernors StTate8ic Report Dirertors. Report Statement of Goveinors. Responsibiifflies 15 IndependentAudttorfs Report 16 Siatement of Flnanaal ActNlties 20 Balance Sheet 21 Statement of Cash Flows 22 Notes to the Finantial Staternents 23 Notre Dame School Cobham Reference and administrative infomiation for the year ended 31 August 2025 Reference and admlnlstratlve infomiatr¢n Notre Dame School Cobham l-the school") 15 constituted as a company lim¢ted by guarantee incorporated in England and is registered as a charity with the Charity Comm*55ion. Its company regisiration number is 03898262 and its tharity number 15 1081875. Governors, direc¢oYs and tharity trustees The Governors of Notre Darne School Cobham l~the school-l are the school's charity trustees under charity law and ihe dirertors of the Charl￿ble company. The members of the Governin8 8ody who served in office as Governors IJuTing the year and subsequently are as follows= Mr Simoft Frost Ichairl Sr Maria Nteves Escalada. ODN Mr David Gair Sr Anne Gill. ODN Sr Patricia Grady, ODN Mr Russell Granat ACA Mr Gerard Owens Sr Kathv Schneider Mr Salvatore Nigrelli Mr Duncan Fletcher Ms Almerinda D'Aprano (appointed 19 March 20261 Mr lan Gomes (appointed 19 March 20261 Clerk to the Governors Mrs R Halliday Officers The following key Senior members of staff (key management personnell a￿ responsible for the day.today mana8ement of the charity: Ileods of School Mrs A King MA Icantabl M.Ed PGCE FRGS Mrs A Morgan MA BA (Honsl PGCE Head of Senior School Head of Preparatory School Bursor Mrs M Jack50n MA Compony Secretory Mrs M Jackson MA Page 1 Notre Dame School Cobham Reference and administrative information for the year ended 31 August 2025 Prfnclpal addre55 and registered office Notre Oame School, Burwood House, Burwr*)d Park. Cobham, Surrey. KTII IHA Audiiors TC Group. The Courtyard, Shoreham Road. Upper 8eedin& SteVnir￿ West Sussex, BN44 3TN Bankers Barclays Bank PLC. &12 Church Street. Walton on Thame5 KT12 2YW Soficitors Veale Wasborough Vi2ards. Narrow Quty House. Narrow Quay. Brtstol BSI 4QA HRC", Ellenborough House, Wellington St￿et. Cheltenham. Gloucestershire. GKSO IYD Website www.notredame.co.uk Page 2 Notre Dame School Cobham Annual Report of the Governors for the year ended 31 August 2025 The Governors present their report and the financial statements of Notre Dame School Cobham for the vear ended 31 August 2025 under the Charities Art 2011. including the Directors, and Strategic Report under the Companies Act 2006 together with the audited finartcial statements for the yeèf. STRATEGIC REPORT Review of achievement5 and performance This year, the pupil numbers remained strong across the School- from Nursery to Sixth Form. We remain committed to girls only education from Reception onwards with bfoad intake. which we believe creates richer learning environment for 5tudent5 of all abilrties. Notre Dame Schools gir15 are stretched but not Stressed. Our focus has been on the continued achievement of the highest standards of academic performance, enhancing sport and enrichment opportunities. and continuing to be a leading light in student and staff wellbeing. In the Prep khool we were deli8hted to receive -Ex￿lIent- in all area5 of our recent Catholic khools Inspection for Reli8ious Education. This reflects the outstanding qualrly of teachin& leaming and leadership and the 5tron8 Outcomes achieved by our pijpils across the curriculum. Our girls grew in confidence. curiostty and ¢haracter. Academic outcomes were particularty strong in Year 5 cohort. hiEhlightin8 their enthusiasm for learnin8 and ihe high expectations set throu8hout the Prep School. Pupils benefrted from refurbished Prep Art and IJ rooms and inspiring projects in the Innovation Spa￿. In the Senior School, academic progress continues to be an Fmpressive strength of our School, with value added data placing Notre Dame in the top 2 per cent nationally for GCSE and the top 10 per cent for A Level. We were also delighted to be awarded Excellent in iwo out ol three categories in our Catholic Schools Inspectorate inspection. Sport continue5 to flourish, wtth participation and perforniance gorng from strength to strength. This yeaf included a Surrey County Finals result and notable success in netball, includin8 Students selected for the London Pu15e pathway and the Surrey CoLrnty Netball Squad. Our 1116 netball team won the Surrev Tournament and finished third at the Area Finals. The Sports Awards Evening celebrated over ILX) awards and colovrs. and with more than 350 fixtures played across the year. our 5PQrts programme continues to Brow rn ambition and opportunity. Specialist coachin8 sessions and exposure to elite compètition fvrther enriched Students. sporting experiences. Siudents also demnstrated generosity and leadership durin8 RAG Week. raising over£4.000 for Charity. This year marked the first full year of our Innovation Space. now firmly embedded across the curriculum. Rather than placin8 technology in a silo, we use dbgital design. production and manufarture to enrich learntn8 in every subject. From Year 7 keyrings and Year 9 dinosaurs to robotics, glowin8 art installation5 and creatwe green screen work in Drama, Theology and Languages. the imagination and skill on display has been exceptional. Dedicated Yeaf 9 lessons in Creatwe Innovation have laid strong foundations for future expanshin. Page 3 Notre Dame School Cobham Annual Report of the Governors for the year ended 31 August 2025 Trips and enrichment remain a valued part of Sen￿r School life. Day visits included theatre trips. Windsor Castle, lecture5 and A Level mastertlasses. while residential e¥perience5 ranged frorn New York, eerfin. skiing and Cologne, to visits to our sister sthools in Spain and Ffance. GCSE and A Level fieldwork and Duke of Edinburgh expeditions. These experiences consistently attrad outstanding feedback on the conduct. courtesy and en8agement of our students. Our co-turricular programme is well attended and tarefully monff¢ored, with all studènts taking part a broad range of artivitie5 each week. With over 100 clubs and artivitie5 on offer. alongside sports fixtures, students have explored interests across music drama, art, diBital leadership, STEM, debating and innovation, as well as competitions in Languages. Chemislry. Maihs. Philosothons and Model United Nations. We continued to encouragè Students to take a more expansr¥e look at a conc*pt or topi¢, beyond the classroom. From sthool trips to competilion, training and lethures. ovr programme of rounded. culturally rich opportunities was a fundamental part of developing our engag￿. enf￿h￿d and empowered young women. The acadernic enrrchmenl programme included amonB Other5 day trip5 to the theatre, Windsor Castle, Hampton Court. Geography Field trips, Henley Fort immerswe WW2 experience. visits to Watts Gallery. Our residential experiences ran8ed from New York, BerEin. skiin8 and Cologne. to visits to our sister schools in Spain and France. GCSE and A level fieldwork. and Duke of Edinburgh expeditions. At Notre Dame, our outstanding sports education offers choice and opportunity across all abilities and year group5 to instil a lifeloftÉ love of sport and exercise. Our Students have ac¢e55 to an eKtensNe ran8e of sport facilitie5 which include all weather pitches. football pitches, swimmin8 pool, fitness 5Utte, two indoor sports halls, as well as acce5S to cricket prtches. Sporting success was celebrated across our Prepschool. with the notable achievements including gold in Ulo 8utterAy and bronze in Ull relay at IAPS National Swimming Finals. Sport continues to flourish at the Senior School, with participation and performanee goiftg from strength to strength. This year included a Surrey County Finals result artrd notable sutcèss in netb311, includin8 Student5 selected for the London Pulse pathway and the Surrey Netball Squad. Our U16 ftetball team wort the Surrey Tournamènt and finished third at the Area Finals. A team of ten swimmers represented our Senbor School at £5￿ 2025 IndNN*ual Swimming Events at the Guildford Spectrum. They achieved two Gold medals in l(X)m Front Crawl, Swer on 200m Individual Medley. Silver in loom Backstroke and Bronze in 2CKJm Individual Medley. Our swimmers We￿ invited to compete at the Internatioftal Swimming Cup at ACS School. Notre Dalne wonTop Middle School (Years 7-91 category and finished second overall in the High School Category IYear5 10-131. We continue our partnership with Chelsea Football Club, Rajasthan Royals Academy providing our students with specialist coaching. The s￿rts Awards Evening celebrated over ICiI awards and cok)urs and wr(h more 350 fixtures played across the year. our 5POrts programme continue5 to grow in ambition and opportunity. Specialist coaching sessions includbng Chelsea Football Club. Rajasihan ftoyals Academy and exposure to ellie competriion fvrther enriches students, sporting eyperientes. During the Summer terni we made the most of our extensNe grounds and Sports facilities, with Sports Oays, Fe35t Days and Induction events for new pupils. Page 4 Notre Dame School Cobham Annual Report of the Governors for the year ended 31 August 2025 Thè students continued to enjoy an extensive array of music clubs. choir5. orchestras and lessons with over 320 individual memberships of around 30 rehearsing musical groups providing for all abiltties, offering bespoke music in choirs. ensembles, bands and Eroups from Pre-Prep to beyond Grade 8. The students produced a distinÉuished Set of both ABRSM and LAMDA examinat￿)0 results. Our talented students once again took to the stsge of the Montaigne Theatre- they dazzled the audiences with plenty of music, drama, dancin& reotals and more. Years 3 and 4 performed their version ol"DragoTr Days.. Year 5 8irls presented their Performing Arts Showcase, celebrating dance. drama and mustc through Shakespeare's "A Mid5vmmer Ni8ht's Dream-. Year 6 girls presented "Frames of Love" written by Mr law50n- Lean with son8$ and dance chosen by Mrs Shaw and Mrs Cesar. Our Nursery continues to offer an excellent pre-schg91 education followin8 the EYFS curriculum, with additional specialist teachang in PE, rnusK, dartrce and swimming as well as weekty visits to our Forest School and Prep Library. The flexibility olfered lo attend term time only or up to 48 week5 of the year with wrap around care from 7.30am until 6pm has proved to be popular. T0￿cS are planned for each holiday perkxl to enhance the term lim¢ curriculum. including art projects. cookin& sport and trips to the Forest School. Oldei students can also enjoy FO￿St School Club and Senior Students have enjoyed Reflection Days in the woodlantl settin8. Examirnaiions and Curri¢ylu At Notre Dame we continue to provide a range of dynamic and inncwattrve strategie5 which together assure the delivery of a highly per50nalised education for each individual student. All staff are encouraged and supported in coniinually striving to improve and enrich the academic experien￿. At GCSE. more than a quarter of Year 11 achieved nine or more grades 7 to 9- across the whole cohort 49 percent ol GCSE grades were 7 to 9. exceedin8 the national #verage for independent sthools. Our overall value- added score of 1.2 at GCSE is outstandiftB placin8 US wrthin the top 2 percent of schools nationally for 2025. We were delighted that many of these students ch05t to stay at Notre Dame for Sixth Form. fomiing a larger cohort that last year. At Not￿ Dame. we have been placeoks fresh and modern years later. Notre Dame School Cobham is a registered charity, and a company limited by guarantee, not having share capital. Every member undertakes to contribute an amount not exceeding £1 to the assets of the charity in thè event of the charity bèing wound-up during the wriod ol membership, or within one year thereafter. The management of Notre Dame S¢hool isthe responsibility of thè Board of Go¥emor5 of Notre Dame School Cobham, which was incorkxjrated on 22 December 1999. and be¢ame a re815tered charity on 7 Au8USt 2000. Notre Oame Sch(￿1 Cobham is8overned by the rules and regulations setdown in it5 Company Memorandum and Articles of Association. Organisational Structure The overall strategic direction and ewaluatton of risk of the school is detem?ined bythe Governors, who make all the key polÉcy decisions. and supervise and control the authority delegated to the Executwe Team, ¢ompri5in8 the Head of Notre Dame Senior School, the Head of Notre Dame Preparatory S¢hool and the 8ur5af. The ExecutNe Team. as the key mana8ement personnel, are resp)nsible for the day.to.day operations of Notre Dame School Cobham. The Board of Governors meets Jt least fovr times per year. All meeiings are also attended by the Executive Team. who report to the Governor5 on all matters of si8nificance in relation to the affairs of the school. The ￿M￿neratIOn of key management personnel 15 set by the Board. wrf¢h the objective of providing appropriate incentives to encourage enhanced performance and of rewarding them fairly and resw)nsibly for their individual contritrNrtions to the Companrfs success. The appropriateness and relevance of the remyner*tron polrcy is ￿vieWed annually, includin8 reference to comparisons with other Independent schools to ensure that the School rernains sensitive to the broader issues of pay and employment conditions elsewhere. The aim is to recruit, subject to experience, at the lower to medium point within a band, providing scope for rewarding excellence zs staff costs are the lar8est sin8le elèmènt of the school's charitable expenditure. Govemors receive no remuneration for their seryices to the sthool either as trustees of the charity or as dire¢tors of the Company. Page 8 Notre Dame School Cobham Annual Report of the Governors for the year ended 31 August 2025 Committees The Governors or8anise themselve5 into the followin8 committees (all of which meet at least three times pef year) to a5S15t them in the processof thegovernance of the school. All commr(tees have at leastone Governor representattve with the balance of the commirtee comprisin8 Staff and / of co-opted members, as appropriate. The Finance and Business Committee is responsible for monitoring income and Èxpenditurè. appming the annual budget and settin8ihe fees. Thecommitiee also ensuresthatthe annual audited Ilnan¢i)l statements and regulatory rerurns are prepared in accordance wtth relevant legislation. The following Governois are members of the Knan¢e and 8us•ness C¢mmittee= Mr Russell Granat Ichairl Mr Simon Frost Mr Duncan Fletcher Sr Anne Ghll ODN Mr Salvatore Nigielli The Education and Staifin8 Committee is responsible for monitorin8 the school curriculum and its links with the school Development Plan. The Committee reviews staffing requirements. staffing issues and monitors staff performante/salaries. li also advises the Finance and Business Committee on facilities ￿qLl1reMertts ill terms of the curriculum. The following Governors are members of the Educatitx and Staffins Committee.. Mf Gerard Owens (Chairl Mr David Gair Sr Anne Gill ODN The Lestonnac Committee is responsible for tonsidering the work of the school light of tts mbssion. The Committee reviews all preparation5 for religious services and celebrations. in¢ludin8 anniversary celebrations. It also ensures the teachings and mission of Saint Jeanne de Lestonna¢ are central to the education offered by the school. The following Governois are members of the Lestonnac Cornmittee: Sr Anne Gill ODN (Chairl SF Patricia Grady ODN In addition to the above committees. the Governors have oversight of ihe following two committees and recelve re8ular update5 gn their artrvrties. The Friends of Notre Darne IFOND) Comrnittee, the parent< association, operates under the auspice5 01 the school. FONO arranges soctal events and fundraising activtties. The FOND Commbttee consists of representatives of the parent body. staff at the school and a Governor. The Health and Safety Committee Is a stsff committee with no Governor attendance. It 15 responsible for monitorin8 and advising on safely aspects for the whole school site in terms of Health and Safety legislation as it pertains to pupils. staff and visitors to the school. The Committee reports Its findings and risks to the Finance and Business Committee on a termty or ad hoc basis. Page 9 Notre Dame School Cobham Annual Report of the Governors for the year ended 31 August 2025 Melhod otReuuitinenl. Appointment. Elecllon. IndtKtlon &Tr•inin8 of Go¥e¢nors Recrultment The school's Governors are recruited based on el48ibility, personal competen￿, specialistskills and local availobility. AppointmentandElertion The majority of the 8oard of Govemors a￿ appointed by the Mother General of the Ortler of The Company of Mary Our Lady and are known as SG Govefnors. The remainder are known as AGM Govèrnors. being elecled at the Annual General Meeting IAGMI or coqjpled onto the board to hold office until the ft)Ilowing AGM. Elertions to the board are on the basis of a simple majority of the votes of the Govemors. Induction ond Troinirtg Newty appointed or elected Governors are inducted into the workings of the school. including being briefed on board policy and procedures. at an induction meeting with kLY fellowGovernors and the ExecutNe Team. Copiès of key documents are provided. Governors are also briefed on governance issues at regular board meetings and are kept informed about training opportunities via regular e-mail correspondence. Regulation. legislation and governance best practice updatès are provided in the board packs for infofmat¢on purposes. and various opportunities for meeting socially. incorporating ialks the school's mi55ion. are arranged throughout the year. A Govèrnors. portal IGovÈrnorHubl is used to create ? ￿sOurce and reference base for Governors. The wrtal provides Governor5 With easy acce55 to reference materials. metting minutes and policies. Governors are inv((ed to attend the biennial pilgrimage to Bordeaux to follow in the footsteps of the FOund￿ss, Saint Jeanne de Lestonnac, in order to understand and experience the Charism and educational mission of the Order of The Company of Mary Our iaolT. The Char5ty Go¥emance Code The Chartty Governan￿ Code is endorsed by the Charty Commission and wa5 updated in December 2020. The Code is designed as a tool to support continuous improvement and all charity trustees are encouraged to meet the principles and outcomes ofthe Code by erther applying the recommended wattice or explaining what they have done instead or why they have not applied it. The school has used the code to assess its cUr￿n1 practice against the Charity Governance Code's seven prinCip￿S and recommended practice. The main areas where the school's practice differs from recommended practice relate io the recruitment of Governors and the diversity of the members of the Board. OLFr govefninE document requires the majority ol the Board of Governors to be appointed by the Mother General of the Order of The Company of Mary Our Lady to ensure the continuation of the eth05 of the school and all 8overnor5 must be sympathetic to this eth05. We recruit AGM governors using 3 variety of means. includinB seeking applicatiorss from former Students and parents, and through nominalions from governors and the executive team. Investment Policy and perforn)ance Under the rules of the governing document of the charity, the Governors have wide rangin8 power5 to invest the funds of the charity a5 they see fit within the xope of the laws and regulatbtrns applying in the United Kingdom. In practice, the Governors have continued to accumulatetheir free reserye53nd holdthem as liquid assets. rèmovable without Charge at minimum notKe. The Governors would noi knowingly invest sn anythin8 that they consider to be socially, environmental￿ or ethically un50und. Page 10 Notre Dame School Cobham Annual Report of the Governors for the year ended 31 August 2025 For the year ended 31 August 2025, the schoofs unrestrirted reserves (held principally as cash and fixed asselsl remained broadly unchanged.. the school achieved an average income return on totsl cash deposits of 4.49%12024: 4.36%). This is i￿1The with expectaiions. Fundraising All fundraising actwities for the school are carried out by the Fiiends of Notre Dame IFONDI and are focussed around fundraising events such asthe Christmas FaiT and an annual Quiz Night. In addition. FOND coordinate the Nearly New Uniform shop whi¢h alk)ws parentsto ￿￿Y and sell itemsof school uniform from and to other parents. These activtties Serve to raise fvnds for the school, but also to generate a sense of community within the parent body. The school does not use professional hJndraiseis or have any commercial participators. All fundraisin8 activ¢ties are mana8ed by FOND, wtth overall oversight by the FohlD committee. No complaints relating to fvndraisin8 artivities have been recepied by the school during this financial period. However, the school has in place procedures that would be followed in the event of a complaint being received with the initial response being the responsibility of the ExecutiveTeam. Any continuing i5syes would then be deatt with tn line with our Complaint5 Poly. The school does not currently subscribe to any specific fundraisir$8 standards or schemes for fundraising regulation but ton5iders that it ha5 set appropriaie standards for the operation and management of its fundraising auivities. In particular, the Khool considers that its processes and controls should ensure that vulnerable people and olher members ol the public are protected from any unreasonable intrusion on person's privacy and that no fundraising artivities would be unreasonably persistent oi place undue pressure on a person to gNe money orother property. Risk and corporate governance The school has taken oyt a public liability ing¥rance policy that provKles profesS￿n31 indemnity cover forthe Govemors and stsff ofthe xhotsl. The Governors keep under regular review the principal areas of the school's operations, and consider the major risks faced by the school in each of those areas. The management team undertakes a regular review and update of the risk5, and attion istaken to assess and improve proceduresto m¢tigate the ne8atwe tmpact of risk. This 15 reviewed by the Governing Body. Risks are identified and assessed, and then appropriate contmls established to be monitored and tested throughout the annual cycle. The main risks facing the Charity are a reduction in pupil nurnbefs. arising principally ffom economic circumstances and from the strong compeiition from Independent and State schools in the area and ¢o-educaiional sixih forms in local boys. independent schools. The Governors also consider externally mandated increases to the sclKJofs cost base for example from changes to le8i51ation to the affordabilityof fees by parents acrossthe independent sectorto be ihe principal risk faced by the school. These risks are being mitl8ated byensurinE that the fee ￿ve15 are maintained at reasonably affordable levels, without compromising the quality of the education- rigorous Credit control.. constant internal and external marketing and a rolling review ol the educational eXPer￿n£t. The school is also investing in high quality staff and facilities and continues to improve its IT infr•structure to support the technology needs of the curriculum. Page11 Notre Dame School Cobham Annual Report of the Governors for the year ended 31 August 2025 The Education Committee monitors and reviews all the major rtsk a￿a$. It condurts annual formal revsew5 of the school's child protectron policies and procedures. and of the eKiciency with whi¢h the related dvties have been dischai8ed, and then the findinss are rep)rted to the board of Governors. The key controls used by the school include.. Formal a8enda5 for all committee and board meetings: Detailed temis of reference for all committees- ComprehensNe strategic plannin& budgeting and management accounting procedures.. Established organisational structures and fomlal lines of Communication and reportin& Formal Written ptsli¢ies- Clear 3uth0ri5atK)n and approval levels- and Vetting prtxedures as required by lawforthe protettion of children and Vulnerab￿ adults. Through the risk management pro￿SseS established for the charity. the Govemors are satisfied that the major risks have been identified and have beeft adequatety mana8ed where necessary. It is recognised that 5YStems can only provide reasonable but not absolute assuran￿ that major risks have been adequatety managed. Objecls. public benefit aims and objective5 Charltable Objectives The Charitable objectives for which the chartty was established art-to advano the Roman Catholic religion by the conduct of a Roman Catholic School or schoo15" ond as a Company of Mary Our Lady school, we do this in the spirit of our foundress. St Jeanne de Lestonnac. a prOB￿SS￿e and dedicated educator of women of all faiths and none. Notre Dame contrnues to build on this legacy by accompanying young people in their efforts to build their INes lor today and tomorrow. We prnvide a Roman Catholic education tmrt are open to and respect the falths and cultures of all rnembèrs of our community. Pupils and staff of other denominationsand faiths arewekomed and encouraged to make an artivè contriEwJtion to the spiritual life of the school. Aims. Intended Impacl and Grant making polt¢V Not￿ Dame is art unashamedly holistic school. Our students from 2-18 are placed at the centre L)f everything and their physical and mental wellbeing is as important as their excellent academlc. sporting and artiSti achievements. Pastoral Care is ai the heart ot school life at Notre Oame but 15 not at the expense of academic rEour. It forms the bedrock on which academic excellence is buitt. happy, comfortable and secure children and young women make confident and successful leainers. who feèl safe to vènture beyond their ￿mfort zone and try new approaches. and who Unde￿aThJ that mr5tskes and failure are an important Step irb learning. In particular, the school's aim5 are= l. To develop a secure and stimulatinB environment in which pupils are encouraged and challenged to lulfil their potential, both academicalty and physicalty and gain an understantlinB and 8ppretiation ol the wider world in which they live. 2. To develop in pupils a responsible and indepèndent attitudÈ towards work and thèir roles ifi Society and a desire to reach out a helping hand and contribute to the wider communitv. 3. To ensure that the school atmosphere is such that all pupils learn to appreciate diversity, iespect each otherfs view5 and belief5 and build a reawned set of attitudes. values and beliefs based on Christian principles which wi51 enable them to make a positive dIffe￿nCe in the world. Page 12 Notre Dame School Cobham Annual Report of the Governors for the year ended 31 August 2025 4. To respert eath pupil a5 a valued indrwidual who can ch005e her own indNidual path throu8h the school and in turn grow selfosteem. confidence and independence and live an authentic life. S. To work with parents and families as part of a wider Notre Oame ¢ommtsntty. 6. To prepare. support and guide each pupil forthe next stage of their education. whatever that might be. The chariivs immèdiate beneficiarie5 are the girts who attend the 5¢hool. but the local ¢ommunty Iwith whom the school fosters strong links across a wide ran8e of activities) also benefits from v4hat the school does and from acce55 to school factlsties. ID the opinion of the Governor5, the 8eneral public is the uttimate beneficiary of the hi8h-quality education and thegreater awareness of social values that the school provides to its pupils. The ¢harity makes avarlable scholarshrps. means tested bursaries and awardsout of unrestritted funds. The ¢harTrtV5 policy. in line with other independent school operators, isto make award5 on the basis of an individual'5 educational potential and bursaries are offered where the pupil's education and future prospects would otherwise be at ii5k. To widen 8r£ess lurther. the sch¢)ol also facili(ates puttin8 families in touch wr(h other potential funding sources. The xhool provided stholarships. bursaries and discounts to 234 pupils 12024= 242 wpils l amountin8 to £1.018.LV)012024.. £1,012.0001 all provided from the u#restrirted funds of the charity. Means test￿ bursaries of É345.00012024.. £394.0(Kll are included Fn this total. The Governor5 also aim to widen access further for new pupils joinin8 the school who would benefit from Notre Dame edtjcation, but whose families are unable to alford the full fees and who have no substantial capital assets, by offering LIP to full fee assistance in kev vearBroups for a limlted numberof places ea¢h year. This support is also available to scholarship candNlates. The school continued to ensure that both current and new initiatives were considered in light of the guidelines identified from The Company of Mary Our Lady ICOMOII Educational Project stralegy meetin8 held in June 2011. These guidelines set out the key elements which all COMOL schools and edLtrCational projects have in commn including: A humanist and Christian educatiort that places people at the centre and enablesthem to be citizens of the globe who take ¢olledNe and iransformative attion An education that proviiles an open learning opportunity and that educatès in life and for life Educators as companions and witnesses io the values and principles in which they want to educate, who are committed to quality and continuous improvement An educational communty. imiofved in a common project, in which reteptiveness, dialogue, teamwork and co-responsibiltty a￿ fundamental components. Objecti¥e5 for the year The principal objertNes to fulfil the aims set out al￿e fall into three broad categories.. ThinkiJpgSpJce Deliver a highly personali5ed education for each individual $tudent throughout the schools. rewarding effort and leafning Pay carelul attention to each tndividual's pro8ress throu8h specialist EnElish and mathematits programmes in the Prep School and data-tracked progress measurement in the Senior khool Run an extensive range of academic enrithment events. challenges and opportunities across the whole school Page 13 Notre Dame School Cobham Annual Report of the Governors for the year ended 31 August 2025 Growingspoce Hèlp every student to discover new interests EncouraÈe p¥rticipation byall students in sport. drama and music Embed ¢￿at￿rtY in the teaching of all subjects Breothingspoce Focus on happiness, resrlience and wrcess Promote well-being and resilience through Project Fh)recef in the P￿p School and The Lestonnac Approach in the Senior School RelatSon5hips with Related Partie5 The school continues to maintain a stron8 relationship with the Order of the Company of Mary Our Ladv ICOMOLI. Publi¢ 8enefii and links WF¢h lotal schools and the wider communlty The Governors have given due consideration to the Charity CommissTron's published guydance on the Public Benefit requirements under the Charitie5 Act 2011. As an educational charity and. in rneeting the objectives of the charity. the schoofs aim is to benefrt the public through the alfvancement of education within the Roman C•tholi¢ ethos of educating children and young persons. In addition to providing £345.(tsJ of means-tested assistanceto 40 pupil$12024.. £394,OOOto36 pupils). wider access to the facilities available at the school was promoted this year throu8h numerous hockey. swimming and netb311 ¢lub5 using Our facilities in the evenings and at weekends. We have continued to work with k*tal schools in the area sharing knowledge. skills and expert15e and experience. The Senior School has worked with a local school on a project to improve the quality of teaching and learnin8 for pupils and also provides re8ular support for othtr Secondary schools sharing advice. support nd resources. Thi5 includes streaming free video le550ns and revision session5 artd estsbli5hirtg subject 8Utded principles for procurement of resources. The Prep School have hosted Cross Country events for ElmbrKl8e and Runneymede Schools AssociatKJn IERPSSAI. Page 14 Notre Dame School Cobham Annual Report of the Governors for the year ended 31 August 2025 Statement of Gsy4em¢)rf Respmsibilities The members of the Governing 80ty (who are also directors of Notre Dame School Cobham forthe purposes of company lawl are responsible for preparing the Governors. Annual Report and the financial statements in accordance with applicable law and United KinEdorn Generally Accepted Accounting Practice (United Kingdom Accounting Standaidsl. including Financial Aewrting Standard 102 'The Financial Reportin8 Standard in the UK and Republic of Irelanrf. Under company law the Governing Body members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable (offtpany and of the incoming resources and appliotion of resource5. including the income and expenditure. of the charitable ompany for that period. In pre￿rIng these financial ststements, the Trustees are required to: select suitable accounting policies and then appty them consistent￿. obsetrve the methods and principles in the Charities SORP.. make jud6ments and estimates that ale reasonable and prudent: state whether applicable UK accouniing standards have been followed. suty'ect toany material departures disclosed and explained in ihe financial statements- and prepare the financial statements on the going ¢oncern basis unless it is inappropriaie to presume that the charitable company will continue in business. The memters of the Governing Body a￿ responsible for keeping adequate accounting records that are Sufficient to show and explain the (harrtab￿ companTrl5 transaction5, disclose with reasonable accura¢y at any time the financtol position of the chèritabje company and enable them to ens111è that thè fjnancial statements comply with the Companies Act 2CWJ6 and the provis￿n5 of the ¢hariVs constitution. They are also responsible for safeguarding the assets of the charitable company and hence for tsking reasonable steps for the prevention and deteCt￿n ol fraud and other irregularities. Disclosure of information to auditors So far as each of the Governor5 is aware, the￿ is no relevant audit information of whi¢h they are awa￿ thal is relevant to the audit. but of which the charitable compan￿5 auditor5 are unaware. Each ol the Governo has taken ¥ll ihe steps that he or she ouBht to have taken as a Governor in order to make ourselves aware ol any relevant audit information and to ellablish that the charitable ¢ompany's auditors are aware of that information. This Annual Report. p￿pa￿d under the Charities Att 2011 and the Companies Act 2WJ6. was approved by the Board of Governors on 19" March 2026. including in iheir capacity as company directors approvin8 the Director< and Strategic Reports contsined therein. and is signed as authorised on its behalf by= . Governor Mr S Frost Page 15 Independent Auditof s Report to the members of Notre Dame School Cobham Opinlon We have audrted the financial statements of Notre Dame 5cht)ol Cobham I'the charitable Company'l for the year ended 31 Au8USt 2025 which comprise Statement of Financral Arttvtttes. the Balznce Sheet. the Statement of Cash Flows and notes to the financial Statements, including Sl8nificant accounting policies. The fin3ncial ieportingframeworkthat has been applied in theirpreparationis applicable lawand United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Finan¢ial Reporting Standard applicable in the UK and RepublK of Ireland (Uniied Kingdom Generalty Accepted Attounting PrJrti¢el. In our opinlon the financial statements: give a true 3niJ fair view of the state ol the charitable CoMpan￿S affairs as at 31 August 2025 and of r(s income and expenditure for the year then tnded.. have been properly prepaTrd in a¢cofdance with United Kingdom Generalty Accepted A¢wuntin8 Practice.. and have been prepared in accordance with the requ1￿Ments of the Companies Art 2￿6. Basis for opinio We conducted our audit in accordance with InternatKJnal Standarils on Aud5ting IUKI IISAS IUKII and applicable law. Our responsibilities under those 5tsndards are fvrther described in the Auditorfs responsibilities for the audit of the financial Statements Section of our ￿pOrt. We are irsdependent of the charitable company in accordance with the ethical requirements that a￿ re￿vant to our audit olthe financial ststemenis in the UK, includin8 the FRCS Ethical Standard, and we have fulfilled our other ethical responsibilrf(ies in accordance with these requirements. We believe that the audit evidertce we have obtained is sufficient and appfopriate to provide a basis for our opinion. Condusions relating to going concern In auditin8 the financial statemenis. we have contluded that the tru51ee's use of the 80in8 concern basis of accounting in the p￿paratiOn of the finanoal statemènts is appropriate. Based on the work we have performed. we have not identified any material uncertointies relatin8 to events or conditions that, indivsdualty OT collectNely. may cast Slgnificant doubt on the charitable company's ability to contiftve as a 80ing concern for a period of at Eeast twefve monthsfrom when the financial statements are authorised for issue. Our responsibilities and the responsibilrties of the trustees with respect to going concern are described in the relevant sections of this report. Other infom￿110ft The trustees are reSponsi￿e for the other infomiation. The other infom7ation comprises the infomiation included in the 8overnors' report. other than the financial statements and our auditorfs report thereon. Our opinion on the financial siatements does not coverthe other infom)ation and, except to the extent otherwise explicitly stated sn our report, we do not expre55 any form of assurance conclusion thereon. Our responsibiltty rs to ￿ad the other rnfomiatron and. in doing so. consider whether the other infomiation is maierially inconsistent with the financial statements Of Ouf knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify S￿h material inconsistencies or apparent material misstatements, we are required to determine whether this gNe5 rise to a material mi55tatement in the financial statements themsefves. If, based on the work we have performed. we conclude that there is a material misstatement of this other information, we are required to report that fact. We have rwthing to report in this regard. Page 16 Independent Auditorfs Report to the members of Notre Dame School Cobham Opinions on ¢ther matters pres¢rib¢d byihe Companies kt 2006 In our opinion, based on the work undertaken in the course of our audit: the information 8iven in the trustees. reyxjrt. which includes the directors. report and the strateBic report prepared for the purposes of company law. for the financial year for which the financial statements ale prepared is consistent with the financial Sta￿MentS.. and the strategic report and the directors. report included within the trustees, report have been prepared in accordance with applicable lègal requirements. Matters on which we are required to rep￿t by exception In light of th¢ knowledge and understanding of the charitable company and their environment obtsined in the course of the audit, we have not Idèntified material mi$5tatements in the strategic reportortht dirertor5' report included within the trustees, report. We have nothing to ￿port tn respect of the followin8 matters in relation to which the Companies Act 2(K16 requires us to report to you if, in our opinion= adequate and proper accounting record5 have not been kept by the charitable company. or returns adequatt for gur audit have not been re¢eived from bran¢hes visited by us,. or the financial 5tatement5 are not in aÈrtement wrih the atceunting rècords and returns,. or certain di5c105UTes of tfUStees' remuneration specified by law are not made- or we have not received all the tnformation and explanations we require for our audit. Responslbillties of trustees As explained more fully in the trustees, responsibilities statement. the trustees Iwho are also the directors of the chaiitable company for the purposes of cgmpany lawl ère responsible for the prepaiation of the finaneial statements and for being satisfted that they give a true and fair view, and for such internal control as the trustees deiermine ￿ necessary to enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error. In preparing the financial statements. the trustees are responsibte for asse55in8 the charitable companVs ability to continue as a goin8 concern, disclosin& as applicable, matters related to 60ing concern and usin8 the goin8 concern basis of accountin8 unless the trustees either intend to liquidate the charitable company or to cease operations. or have no realistic atternatNe tts do so. Auditorfs responsibllities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the finanoal statements as a Who￿ are free from material misstatement. whether due to fraud or error. and io i5sue3n auditorfs rep)rtlhat includes our opinion. Reasonable assurance is a high level of assurance, but 15 not a guarantee that an audit condurted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are coTrsrdered material if. individualfy or in the ag8regate, they could reasonably be experted to influeft¢e the economic decisions of users taken on the basis ol these financi31 statements. Irregularities. includingfraud. are in5tantes of nonds. In the view of the Go¥emors. no assvmptions ¢oncerning the future or estimation uncertainty affectin8 assets oi liabilities at the balance sheet date are liketyto result in a material adjustment to their carrying amounts in the next financial year. Page 23 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 The followin8 accounting policies have been applied consistentty in de•ling with items which are considered material in relation to the schoofs financial statements. Fees and sirnilar earned income Fees receivable and charges for servi¢es and use of the premises. less atsy allowances. scholarships and bursaries granted by the school against those fees are accounted for in the period in wh￿h the service is provided. In¥estrnent I￿￿Me Imiestment income is attounted for on an accruals basis. Donation5 and other w014￿tary income Voluntary income is accounted for as and when entitlement aiises. the amount can be reliably quafttified and the economic benefrtto the school isconsidered probable. Voluntary income forthe 5chool'$8eneral purposes is accounted for as unrestricted and is Credited to the General Re5er¥e. Where the donor or an appeal has imposed trust law restrKtions. ¥o￿ntary incorne 15 credited to the ￿leVant restrirted fvnd. 15 Government 8r•Trts Government 8rants are ￿COgnised on the Performan￿ model. when the school ha5 complied with any conditions attaching to the grant and the grant will be received. The grant in connection to the job retention scheme has been recognised in the period to whichthe underlying furlou8hed staff t05ts relate. Expenditure Expenditure is recognised in the period in which it is incUr￿d, with liabilities being recognised where there is regal or constructivè obligation to pay. Expenditllfe is allocat￿ to the school's principal attivity where the costs can be identified as being directly related to that actNity. All costs that cannot be identified as relating directly to the schoofs principal activity are cate8oristd a5 either support costs or8overnan¢e costs. Any costs that cannot be spe¢ifically categorised are allocated in proportKJns based upon a suitable ratro applicable to the nature of the ¢ost involved. The irrecoverable element of VAT is included wfth the item of expense to which it relates. Governance costs comprise the costs of comptying with constitutional and statutory requirements. such as the costs of Go¥ernin8 Body and Committee meetin85 and satisfyin8 public accountability. All costs are allocated between expenditure categories and departments on a basis designed to reflect the use of the resource. Costs relating to a particular artr4ity are allocated directty. Oper•ithg leases Reritals under operating leases are charBed on a stra%ht-Sine basis over the lease term. even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operatin8 lÈasÈ arè similarly spread on a strai8ht-line basis over the lease term. Page 24 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2026 Tangible fixed assets All tangible assets purchased Ihat have an expected useful economic lrfe that exceedsone yearare capitalised and classified as fixed assets. Fixed assets other than ffeehokl land and assets under construction afe stated at historical cost less accumulated depreciation. Freehold land and assets under construction are stated at historic cost. Items costing less than £1,1￿0 are Written off as an expense as acquired. Depr¢ciation Depreciation is provided to write off the cost of all relevant tangible fmed assets less estimated residual value based on current market prices, in equal annual instalments over their expected useful economic Irves as follows= Freehold land Assets under construction Freehold buildings Freehold Improvements Vehicles. equipmenL fixtufes and fittings Not depreciated Not depreciated 50years over 10 to 25 years over 4 to 10 years 2.10 Fund accounting The charitable trust fund5 of the school are accounted for as unrestricted of restricted income in attordan¢e with the terms of trust irnposed by the donors or any appeal to which they may have ￿Sponded. Unrestricted income belongs to the school's general reserves. 5pendabSe at the discretion of the Governors either to further the schools Objects or to benefit the school itself. Where the Governors decide to set aside any part of these funds to be used in future for some specifi¢ purpose, this is accounted for by transfer to the ppropriate designated hJnd. Restritted income comprises eifts where there is no capital retention obl¢gation or power but a trust law restriction t¢) some specific purwse intended by the donor. 2.11 Pension costs Retirement beneffts to employees of the school are provided through two defined contribution pension scheme5, Notfe Dame School Group Persortal Pension la defined cOntrib￿lOnS group personal pension plan) and APTIS la defined contributions master trust scheme). The pension costs charged in the Statemeni of Financial Activities ftjr both schemes are charged in the period in whith the salaries to which thty relate are payable. 2.12 Cash at bank and in hand Cash at bank and in hand includes cash in hand. short term highty liquid investments with ori8inal maturity dates of the months or less. and bank overdrafts. 2.13 Oebtors Fees and exfros ￿te￿able and ac¢rued income are recognised at the sertlement amount due. Prepayments are valued at the amount prepaid. Page 25 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 2.14 credito￿ and provisi( Creditors and provisions a￿ recognised where the Charitable company has a present obligation arising from a past event that will probably resutt in the transfer of fvnds to a third party and the amount due to settle the obligation ¢an be measured or estimated reliably. Creditors arNI provisions are ￿cOgnISed at their settlement amoynt. 2.15 Fees in advance Amounts received under the school's Fees in Advance Scheme contracts for education not yet utilised to settle school fees a￿ recorded as deferred income. They are allocated as current liabilitie5 wheie the education will be provided wtthin 12 months of the reporting date and as long-terrn liabilities where the education will be provided in subsequent years. 2.16 Finan¢ial instruments The charltable company only has financial assets and liabilitie5 of a kind that qualify a5 ba5bc financial rftstruments which are re¢oÉnised at transartion value and subsequently at their settlement valve. 2.17 Critical accountlng estimate5 and Judgements In the application of the Charitys accountin8 policies. the Governors arè rèquired to make judgement5, estimates and assumptions about the carrying amount of a$5ets and liabilities that are not readily apparent from other source5. The estimates and associated assumptions a￿ based on historical experience and other factors that are conS￿ered to ￿ relevant. Artual results may differ from these estimates. The estimates and undertying assumptions are reviewed on an ongoing basis. Revi5ion5 to accounting estimates a￿ recognised in the period in which the esEimate is revised. The Governors do not consider that the￿ are any crrtical estimates or areas of judgement that nted to be brought to thè attention of the reader5 of the financial statements. Turnover The tumover of the charity is wholly attributable to the objects of the charsty as stated in the Governors, Report and is earned èntirely wr£hin the UK. This is stated after char8in8= 2025 2024 £000 Operating lease payments Depreciation Audbtors, remuneration- audit seNtis (see note 101 195 189 663 20 22 Page 26 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 Taxati¢)n The charitable company is re8lStered as a charity and all of its income falls within the exemptions ynder Part 11 of the Corporation Tax A¢t 2010. Income frorn donations 2025 Total 2024 Total £'ooo Fiiends of Notre Dame 36 36 Other donations Total 41 36 Friends of Notre Dame IFONOI donations are restritted. More infomiation on donations from FOND be found in Note 18. Income from charitsble adivities 2025 2024 Fee5 receivable foi tuitton 11.842 11,0191 10,823 1.846 12,317 11.0121 11,305 1,724 Less.. bursaries. discounts and allowan￿$ Other charitable income Total 12.669 13,029 All income from charitable actNities is ￿n￿StrIcted. Breakdown of Other charitable income.. 2025 2024 rooo Lettings income 91 70 Learning support income Coach income 72 79 416 466 Extras 1.262 1,071 Other charitable income .38 Total 1.846 1.724 Page 27 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 Investment income 2025 2024 Bank Interest recerved 203 228 Total 203 228 Other Income 2024 Other income Total Expefiditure on raisin8fvnds 202S 2024 £'ooo Fund raisin8 expenses Total All expenditure on raÉsing funds is restricted and relates to FONO. io Expenditufe on charttable activities Depredation Other cost 2024 Total costs Tota Teachin8 Welfare 860 7.744 7,725 232 918 I,Iso 1,157 Premises 459 1.262 1.721 1,947 Support Total 905 550 2,140 2,437 3.590 12.755 13,266 Page 28 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 Analysis of other supp¢rt and Bovernan¢e ¢osts: 2025 2024 £￿￿0 Governance costs.. RemuneratTron for statutory audit 20 22 Total governaTrce costs Other sUPPOrt costs: Legal fees Licences and subscriptions Website costs 20 22 47 If 216 79 Advert15ing Books and equipment Other support costs 98 so io 48 207 200 Total support costs sso 692 li Staff costs The ?vera8e monthly number of persons employed by the school lexcludin8 Governors) durin8 the year was 19012024.. 1981. The staff costs for the at￿Ve persons were a5 follows: 2025 2024 £'ooo Wages and salaries Social security ¢05tS Pension costs- APnS 6.988 613 911 1,026 Total 8,480 8,627 Included in siaff tosts this year are redundanry and termination costs of E16.94012024= E135.8911 of which £Nil was unpaid at the year-end12024.. £Nill. The key management personnel of the school las detailed on pa8e 11 received salary and benefits, bncluding employer's pension and national insurance. to the value of £408,26412024: £435,268). Page 29 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 The numberof employee5whose total employee benefitslèxcludingemployer pension costs) forthe period were more ihan £60,1)Xl were: 2025 2024 Number Nurnber £60,000 to £69.999 £70,000 to £79.999 £80.th)O to £89.999 £￿,000 to £99.999 £I￿.0cl) to £109.999 £120.CQ) to £129.999 £130.IX>J to £139.999 Total 15 13 Employer pension contributions of £167.171 {2024= £147.1191 were made in respect of the above. 12 Statement Gf Finafidaj Actl¥ftles-comparative figure5 byfund type Year ended YI August 2024 Notes Unrestricted funds Restrirted funds 2024 Total Income from: Donations 36 36 Charitsble activities 13.029 228 13.029 228 Investmènts Other income T￿•1 13.257 36 13,293 Expenditure on: Raising funds Charitable aCtivit￿S 13.266 13.266 191 13,266 13,273 20 Total Net income 29 Transfers between funds 1351 Net movernent in funds 21 20 Recontiliatlon ot funds: Total f(tnd5 brought forvlard Totsl lund$ carried f¢Tward 12,850 24 12.874 12,871 23 12,894 Page 30 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 13 Tan6ible fixed assets Vehides, equipmen¢ fixtures and fittings E'ooo Freehold laThl Freehold btslldings Total under ¢onstruction Cost At I September 2024 7.153 3.419 16.228 Additions 334 117 451 Transfer 3,413 13.419) VAT adjustment 15571 Iissi 17131 'At 31 August 2025 10.343 4,775 15,966 r)epreclati At I September 2024 1.949 2.175 4.124 Charge for the year 194 491 At 31 August 2025 2.143 4,809 Net l>ook value At 31 August 2025 848 8.2 2,109 11,157 Al 31 August 2024 848 5,204 3.419 2.633 12.104 The school has some long-held historic assets used in the course of the school's educational actNlties. These include the tabernacle. chalices and candlesticks pr¢)vided bythe Order and used by the school for its masses. Oue to their age, reliable historical c05t information is not av3ilable for these assets and ¢ould not be obtained except at disproportionate expense. However. in the opinion of theGovemors, the depreciated historical cost of these assets would now be immaterial. Following VAT registration during the year. the school has reclaimed VAT incurred on qualifying fixed assets acquired In prior per¢ods. The or￿inal c05t of these assets has been adjLJSted accordingty. resulting in a reductioD to the c05t as shown by the VAT adjustment above. Page 31 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 14 Debtors 2025 2024 Fees receNable fortuition 68 64 Othèrdèbtors 735 33 Prepayments 425 356 Total 1,228 453 Included within other debtors is E466.704 VAT re¢eivable due in > l year. All other debtors balances are due within I year. 15 Creditors: amounts talling due within{x￿ year 2025 2024 Deposits from parents 414 426 Trade creditors 268 371 Other taxes and social se¢urity costs 216 155 other ¢redff¢ors 125 116 Attruals 105 87 Deferred income 158 loo Fees received from parents in advante of temi 1,112 1,884 Fees in advance scheme 697 596 Total 3.095 3,735 16 Crèditors: amounts la115ng due after more than one year 2025 2024 £'ODO Fees in advance scheme 1.199 1.199 Page 32 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 17 Fees in advance stheme Parents may enttr into a contract to pay the school tn advan￿ for fr4ed contribution5 towards the tuition fees for up tts five years. The money may be returned subjert to specific conditions on the receipt of notice. Assuming pupi15 will ￿maIn in the school. fees in advance will be applied as lollows.. 2025 2024 WithTrD one year Within one to two years 1.112 2,456 1,199 Totèl 1.112 3.655 Summary of movements In Ilability £'ooo Balance at I September 2024 Amounts used to pay fees 3.655 12.5531 Balance at 31 August 2025 1,112 Page 33 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 18 The fvnds ofthe sthool 31 August 2024 Transfew5 between fvnds 31 August 2025 £'ooo Income Expenditure £'ooo Restrirted funds Prayer Garden FOND 22 36 50 Other Total restricted hjnds 23 41 191 56 Vnresirirted fvnds Frxed assets 12,104 19471 11.157 Convent Lane repairs iio iio Future capital projects 157 1651 92 Total designated funds General fund 12.371 1651 19471 946 11.359 500 12.875 112.6901 1.631 Total unrestrirted funds 12,871 12,875 112,75SI 12.990 Total fvnds 12.894 12.916 12.764 13,046 The parents. association, Friends of Notre Oame IFONDI operates as a committee under the auspsces of the school. The FOND committee's remit 15 to raise funds for the school from the current parents and friends of the 5¢hool and to determine which projects I requerts from the school will be supported. The FOND fund ¢ompibses amourtts raised by the committee which hève not yet been spent. The transfer from FOND to the Beneral fvnd ￿p￿eSents FOND'S contribution towardsequipment for the new Innovation Hub and prep stage and year 5 artivities. The desTgnated ffixed assets fund represents unrestrKted funds retained to finance the freehold property and fixed asset5. The designated Con¥ent Lane repairs fund represents unrestriaed fvnds set aside to cover the costs of maintaining Convent lane. The de5i8nated firture capital projects fund represents unrestricted nds earmarked for luture capital projects. At the end of each year. trnnsfers arè made between the fixed assets, luture cawal projects. Convent Lane repair5 and general funds to reflect chan8e5 in fixed assets during the year and amounts Set aside to cover future development ptans and repair costs. Page 34 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 18 The funds ol the xhool Iconiinyed) The funds of the school for the previous financial year were as follows: 31 August 2023 Transfers betwtèn funds yi Au8USt 2024 £'ooo Income Expenditure Restricted lunds Prayer Garden FOND 23 36 1301 22 Total restricted funds 24 36 171 1301 23 Unrestrlcted funds Fixed assets 9,539 2.565 12,104 Convènt Lane repairs io iio Future capital projects 2,701 12.5441 157 Total designated funds General fund 12.350 21 12371 13.275 113,2661 500 T¢Jtal unrestricted lunds 12.850 13.275 113.2661 30 12.871 Total hJnds 12.874 13.293 112,2731 12,894 Page 35 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 19 Analy￿ ol net assets between funds At 31 August 202S, the anafysis of net assets between fvnds was as follows.. rixed Long term Total Restri¢tsd funds Prayer Garden FOND 56 56 56 56 Unrestiicted funds Fixed assets 11.157 11.156 Convent Lane repairs iio iio Future capital projects General tund 92 92 1.631 1.631 11,157 L833 12.871 Net awt5 11.157 L889 13,046 At 31 Augy5t 2024. the ana￿515 of net assets between funds wa5 as follows.. Mmed assets Net Current Lon8 terni liabilities Totsl Restricted funds Prayer Garden FOND 22 22 23 23 Unre5trirted funds Fixed assets 12.104 12,104 Comient Lane repairs iio iio Future Capital projects General fund 1.356 {1,1991 157 51)J 12.104 1,966 11.1991 11.1991 12.871 Net assets 12.It>l 1.989 12,894 Page 36 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 20 Commilments under operatlni leases The school is committed to making the following minimum lease payments under non-cancellable operatin8 leases.. 2025 2024 Not laièr than one year 50 49 49 Included within the financial statements are operatin8 lease costs 01 £194,97312024.' £189.1111. The school leases 8urwood House from the Orderof the Company of Mary Our Lady. The lease has a term of 999 years from I September 2￿]2. and the current annual rental due under the lease is £194.973 {2024.' £189.1111. The school tan cancèl the leasè at any time tygivtn8 the Order three months, written noti￿. 21 Commltments ￿)der finance leases The school has the following finance lease commitment with hJtUFe minimum Jea5e payments of.. 2025 2024 E'ooo Not later than one year 13 Later than one year and not laterthan fNe years 15 The school has leased photo¢op¢ers for a period of 5 years. The assèt cafryin8 valu* at 31 August 2025 was £1,320. 22 Pension commltments The pen510ft Costs for the year in relation to the two defined contributKJn pension schemes for teaching and non-teaching staff were £910.96312024.. £1.026.3741. As at 31 August 2025. £121,38412024.. £114,843) was accrued in respect of contributions to these schemes. 23 Related party transartions None of the Governors rÈceNed any remuneration for ser¥i¢ès as a trustee ot ihe charity or as a director of the £ompafjy during the current or previous year. During the year expenses of £569 12024.. £9401 were reimbursed to fourgovernors. The school's main insurance poliry now provides profe5SFonal indemnity cover of £2m for the Governors and staff of the charity. Page 37 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 Related partytransactlons Iw)timyedl The Order of the Company of Mary Ouf Lady CIO (Charity Number 11735591 is a related party of Notre Dame School las detailed in Note 201 and three of its trustees are also trustees of the school. Durin8 the year.,the school paid rent of £194.973 to the Order12024: £189.111. The school was reimbursed for motor and insurance costs of £2.92312024- £3,173>, with E2.92312024'. £3.1731 outstanding as at the year-end. Notre Dame Schoolcobham also leases some school property to The Orderofthe Company of Mary Ovr Ladv CIO, for which it receives an annual ￿fit of one peppercorn lif demanded). 24 Future upital (ommiknents At 31 Au8USt 2025. the School had fvture capital commitments totallinE £nil12024= £297,773). 25 RecoNiliation of tssh flows froTh operatin8 arti¥ities 2025 2024 Net 5ncome lor the year Adjuslfflentslor: Dep￿clat.•0n charges IIAT adjustment Interest from investments 152 20 685 663 713 12031 17751 11,8391 12281 111 2,620 Ilncreasel in debtors IDecreaselllncrease in credito Net C05h pmvidedby openiting ortivitles 11.2671 3,074 26 Aft¥tysi$ ot ¢•sh al￿ osh eqwvalents 2025 £'ooD 2024 É'ooo Cash at bank and in hand 3.756 5.271 Total fash and cash equivalents 3,756 5,271 Page 38 Notre Dame School Cobham Notes to the Financial Statements for the year ended 31 August 2025 27 Ultimate controlling partv The Order of the Company of Mary Our Lady is based in Rome and appoints the SG Governor5 to the Board ol Notre Dame School (wh￿h is a foundation of the Company of Mary Our Lady), to ensure that the ethos and educational mission of the Ordercontinues atthe school. The school was set up in a separate chartty to enable it to operate independently of the Order. As the majority of the Board of the school is comprised of SG Governors. it re8ards the central government of the Order in Rome to be its Ultimate Controlling Party. Notre Dame School is not included in the group accounts ofthe said 8overnment in Rome. as it does not receive.any benefit derived from its control. Page 39