Charlty reglstratlon number 1091089 (England and Wales) Company reglstration number 4301828 EGERTON ROTHESAY ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 EGERTON ROTHESAY LEGAL AND ADMINISTRATIVE INFORMATION Tru5t8•s Mr Jonathan Cooke (Chairman) Sir Jeremy Cooke Mr Stephen East Ms Eleanor Margesson Ms Bethany Lewis (Appointed 21 September 20241 S•¢rotsry Ms Sarah Vest Charlty number 1091089 Company numb8r 4301828 R•glst•red olfko Egerton Rt)thg$ay SGhool Durrant$ Lang Berkhamsted Hertfordshire Unil¢d Kingdom HP4 3UJ Audltor AtÈts Westpoint Lynch Wood Peterborough C8mbridg¢shire Unf(ed Kingdom PE2 6FZ 8ank•rn Bardays Bank The Dacorurn Group 11 Bank Gourt Hemd Hempstead Herts HP1 1BX Investm•nt managers JM Finn & Co 25 Coplhall Ave London EC2R STA EGERTON ROTHESAY CONTENTS Pagè Trustees, report Statement of Tru$lees' re5ponsibalitie$ Independent audrtofs report Slalement of finanrAal activities Balance sheet 10 Notes lo tho finarKial statements 11-22 EGERTON ROTHESAY TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST2025 The Trusteos prasent thèir annual rèport and fina￿￿81 statements for the year ended 31 Augus12025. The finar￿Aal slalemen15 have been prepared in a¢cordance with the o¢¢ounling ptslicies Set out in note 1 to the n8n¢i81 ytatements and comply with the Charity's gtsvèming documènt, thè Companies Act 2006 and "Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities p￿ parlng their accounts in accudance wilh th• FinanGi¥l Reporting Standard applicable in the UK and Republic of Ii&land IFRS 1021 (effective 1 January 2C1191" ObJKtlve$ and a¢tlvltles The objects lor which Egertcn Rolhesay is established are'.- To further the education of children attending Eg•rton Rolhesay S¢h¢d. The advancement of education in the United ￿n9￿orn and elsewhere (including Social 8nd physlcgl Irainingl of person5 and children attèndiny schools, ¢ollege$ or other places of education in which religious instruction in a¢¢ordance with the doth'nes and principles ol the Protestanl and evangelical faith is given. The Charfty dogs not undertake fundralslng. The Tru51ees have paid due regard to gUida￿e issued by the Charity Comml$sion in deri(*ng what activities the Charity should undertake. gerton41othosay School Limit•d EgertOThllR¢)thesay School Limited is a whdly owned subsidiary of the Charity. 11 is man•god by a Board of Diredors whi¢h includes Mr Stephen East ¥tho represents the Charity. R•view of Development, Actlvltles and Achlov•mènts The School continues to cary into effect the charitable objeelives ol the Trust. The School conth'nues to build on its provèn abihty lo provide an educational environmenl whtritr pupils who need additional support can achleve their polenllal. The School's focus is being build 8round the lollowing key strands of acts'vity.. Providing an ex¢lling, relevant and supported educational experience. For students wh¢ have found, cf might find, it drffi¢ult to mak$ progres5 and succeed wthin anoih8r school where there is inadequate provision lor their speciffi¢ need$. To rnake a unique and excellent contribution into the life of eath chitd en8uiing that they can be 8UPPOrted in the way that they personally neèd to mA￿MISè thÈir Individual learning potential. Provide an environrnent offering gx¢&pb"onal p¥sloral care and spiritual development basad on and infomied by the Sehod's Christian ethos. Wrth this fo¢u$ w* ¢onlinu• to draw thildren from a wde area- made possible by our 7-rthrt¢ seNice and lo also act 8s speclalisl education provider to 10 Local Authorities who pay full le•9 for 141, part fees for 1 and no part of tha f¢fr$ for 9 ¢hildrtrn with EHCP'S so they can att8nd Egarton Rothesay School. As we are now well established in the SEN morket both on the open market privatè fee payir¥J parents and local authoriti'e5, the n8od for Op8n days has r8du¢gd amountlng to orie possibly per year. The average number of pupils for the year was 158. The school ha$ ￿ntInUed to develop ils Ilnks Ics the Ioc81 Christs'an community as p*1 of Its own ministry. We intend to build fvrther network links with both ministers and youth activilies in th& are8 trA)Ih lor If* benefft of our own ¢hlldr•n and to enable them to make a contribution for others. EGERTON ROTHESAY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORn ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Futur• developments The Trustees are keeping tho current a¢tivities and objèctivès under review and ar¢ looking al opportunities lo further the objects of the Charity, in particular in relation to the S¢hooJ, bul will also gerwaly examine opportunities a$ and when they ¥rise. Flnanclal revi•w The rnain 8Ctivrties ¢1 the Charity are conducted Ihr¢ugh r(s subsidiary EgertotFRothesay School Limited and these are revi$wed in furth¥r detail overleaf. The School continued lo implement the conclusion$ from a review of how its activities Should be focused going forward. The Trustees continue lo Supp¢￿ thtr ch￿ge$ to thè School's opérations. C¢nbnued ￿an¥ are in place to ensure that the School has SLfficient resoLJrces available to finance it5 oporations through tho period of ¢hange. The School made a profft after lax btrfore donation$ to the chxrity of £415,312, vthich is hlgher than the pr¢frt In the previou$ year of £184,194. During the year the ChaTity received a distriblrtion from its subsidiary of £216,417 12024: £275,OCrf)l and donations from parènts induding grft aid of £9.57912024- £8,364). At the year end dale th• fund5 of the Charrty ¢onsl$ted of unrestncted funds Of £2,832,994 12024- £2,623.4971 and re51riclgd fijnds of £nil12024 - £nil} giving totsl fvnds of £2,832,99412024- £2,623,497). Al th8 year end dale the fvnds of the Grwp con5181ed ot unrestricted funds of £3.854,08412024 - £3.445.6921 and restricted fvnds of £nil (2024- £nil) glvlng total fvnd$ of £3,854,08412024- £3,445,692). It is tre policy of Egerton Roihesay to hold reserves in unrestricted funds that have not yet been commtted or de￿gnated lor any partlcular purposg. The Trustees have retslned these reserves in order to provide a sound financial base for the charity as part of o policy of good finana81 management practice. Having considerèd the medium tenr requirements of the Chariiy, a fvrther £200,000 was invested in a portfdio of investments created for the Charity by J M Finn & Co Limited in previous years. Thè remainder tsf the Charty's funds are retained on deposit. The Truste8s continue lo kèep the needs and objectivès of the Charity under regular re￿&w. The Trustees has assessed the major risks lo which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risk5. Rssk management in relation lo the operation of the School are govemed by its own risk rnanagernenl poliGi¥s and Fxocèdures overseen by its Board ofTrustees. Struttur•, govwnance and monagement The Trustees are ￿lected and appointed in a¢¢ordance with theArtides of Egerton Rothesay. The Trvstees. who a￿ also the directors for the purpose of company law, and who served during the yoar and up lo the date of signature of the finan¢ial slatemÈnts were.. Mr Jonathan Cooke Ichairmanl Sir Jeremy Cooke hAr SteFknen East Ms Eleanor Marge$son Ms Bethany Lws (Woint¥d 21 September 20241 Three ol the Twstees each h8vè a long #s$ociatic￿ with Egerton-Rothesay Sch¢XJl Limited and intèrest in its work. Having revi¢wgd the charity's needs they were pleased to welcome Eleanor Beih as additional Trustees. Togelher t￿Y bring a range of skills to their role as Trustees and review the skills necessary for performance of Iheir duti8s and any training requirèments at least annually. They believe they have available to them the skills necessary tc• enable th& Charity lo satisfy ils c4)jectives. EGERTON ROTHESAY TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Ory*nl$atlon•l Stru¢tur• Egerton RotheBay is ￿vemely by 118 Twstee BoBrd which is r8sponsit4e lor setting the strategic dirtrction of the organisation and the policy of the charity. The Trusl•¥s carry the umimale responsibility lor the o)nduct ol the charita￿e company and for ensudng that tt)e charity satisfles rts legal and contractual obltgat*Jns. Trustèes m•8t b￿annualty and produce formal minutes of the meeting and d8Feg8ts day4041ay operation of the Organisalion to senior management. The Trustee Board Is Sndependant from managamént. Thè Directors of EgertorpRothesay Schoc4 ￿Mited meet quarterty and woduce formal minut•$ of th• m¥•ting. During the meetings the budget and school pèrfomance is ￿VIewed. Truste￿. Inter•sts The Charity is a company limiled by waranlee. h¥ving no share capttal, with all the Trustees being members of th• company. The liability oflhe Members is limited lo £1 each in the tr￿nt ofwinding up the company. Charitablé Status Egerton Rolhesay Is Incorporatg(l a$ a ¢haritable company limited by guarwleg Icharity number 1091089, company number 43018281 and is govemed by rts Memor2ndum and Artides ofAs50ci8b"on. Audltor In accordance with the company's artldes, a resolutie￿ proposlng thalA2ets be reappolnled as autJ6tor of the ompany will be pul at a Gènèral Meeting. The TnJ8tè&8' report was apwoved by the Board ofTrustees. StepAeTh ga6t Mr Steph•n East Trustee Dated". 081051202fr" . EGERTON ROTHESAY STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 AUGUST 2025 The Trustees. who are also the directOTS ol Egerion Rothtrsay for the purpose of Company law. are responsible for preparing the Trustses. Report anij th8 finan¢ial statements in accordance with applic4bl¢ law and United lfj'ngdom Accounting Standards (United Kingdem Generally Accepted A¢¢ounting PradiGg1. Company law requires the Trustees to prepare finanual slalement5 for each financial year which givo a true and fair view of the Statè of affairs of the Charity and of the incotDing resources and application of resources, induding the income and expenditure. of the charitable company for that yèar. In prepafirrfJ these finantyal statements. the Trustees are required lo". sèlect suitable accounts'ng policies and then appty them ¢onsislenlly', observe the methods and principles in Ihe Charrties SORP., make judgernenls and eslirnal$$ that are reas¢>nable and prudent". stsle whelher applieable UK Accounting Standards have been followtrd. subject lo any material departures disclosed and explained in the financial statements." and prepare the financial ststaments on thg going concom basis unless il is inapprc*Ptlate lo pr$sum& that the Charty 11 Continue in operation. The Truslegs are respon￿bie for keeping adequate accounting records Ihal dlsdose with reasonable accuracy at any lime the financial position of the Charity and enable them lo ensure that the financial statements comply with Ihe Companies Act 20C6. They are also rospons￿le for safeguarding the assets of the Charfty and herrE for taking reasonable staps for th? prevention and detection of Iraud and olhei iriegubariknes. EGERTON ROTHESAY INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF EGERTON ROTHESAY Oplnlon h8vè audktad the financial statements of Egerton Rothesay {the 'Charty'l ￿ Ihe year ended 31 August 2025 whi¢h ￿MPrIse Ihe statement of financial a¢bvitie$. the balance sheet and notes lo the financial statements, induding &gnifirant a¢¢ounling policies. ThÈ ffinancial reporting framework that has been applied in their preparation is applicable law 8nd United Kingdom Accounting Standards, I￿uding Financial Reporting Standard 102 The Financ￿1 Rgporting standa￿ applicable in the UK and Republic ol Ireland (Unrted Kingdom Generalty A￿epted Accounting Practicel. In our opinion, the financial statements.. give a true and fair view of the state of the chaTilaile eompany's affairs as at 31 Augu812025 arKJ of it8 incomiThJ resources and application of fesources, for the y88r t￿n ended., have been properly prep8r&d in 8ccordanee wrfh Untted Kingdom Generally Acceplad A¢counling practi￿,. and have been prep8re(I In accordonce with the requlremenls of the ¢ompaniesAct 20C6. BMI$ lor oplnlon We conducted our audit in accordance with Intemalional Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under th08e standards are further de￿ribed in the Auditorfs responsibilities for the budil ol the fin8ncI81 statemènts 5action of our r¢port. We are independent of the Charty in accordance wlh the ethical rèquirements that are relevant to our audii of the financial statements in the UK in¢luding the FRC'5 Ethical standard, snd we have fulfilled our other ethical responsibilities in accordantè VAth these requifements. We believe that the audrt evId0n￿ wè h8ve obtained 1$ sufficient and approprtate to provKle a ba8is our opini￿. Conclusions rolatlng to going eone•r In auditing the fIn￿GIal ¥lat•m•nts, we have toncluded that the Tru8tee8' use of the wing concem basis of accounting in the preparslion of the financial statements is appropriate. Based on the work we havÈ performed, we have not Identified any material uncertainties relating lo events or conditions that. iThJiwdually or collectively, may cast signfficanl doubt on the Charity's ability to continue as a goin9 ¢on¢ern for a p&riod of at least tsvelve months from when the financial stat8m8nts aro aLrthorised for i&8ue. Our respon%bilrties and the responsibililio$ of th• Trustees with respe{* to gL¥ng ccmcem are described in thè relevant sections of th1$ ￿port.