Charity Registratlon No. 1105085
Company Registration No. O 5063879 (England and Wales)
MUNTHAM HOUSE SCHOOL
{LIMITED BY GUARANTEE)
GOVERNORS. REPORT AND CONSOLIDATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
CONTENTS
Page
Govemors, re￿ (ncorporating the Slrategic ReFQrt)
Statement of Govemors. responsibli ities
14
Independent auditors. report
15
Consolidated statement of fjnancial activities
19
Summary income and expe￿Ilture account
20
Consolidated bala￿£ sheet
21
School balan￿ sheet
Cash Ilow statement
23
Notes to th8 accounts

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
GOVERNORS. REPORT (INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
INTRODUCTION
I was honoured to be elected as Chainnan of the school's board of governors in July 2024, following the
resignation of rny predecessor, John Knightley, who has moved away from the South-east. The school
community is considerably injohn's debt for hts dedicated and in5ighrful service as Chairman since the end of
2019, a period made harder in its initial part by the Covid pandemic, through which he and the principal
successfully guided the school. We are fortunate that John is willing to continue a5 3 governor for the present.
so that we may continue to benefrt from his experien￿ and enthusiasm. I'd also like to thank Peter Higgins,
who retired from the board of governors at the end of the summerterm, after 22 years, service. Regularly seen
talking to parents atthe end of term events, Peterfs Wisdom and support will be missed throughout the school.
Durlng the year, we also 5adty lost Barry Jones, whose death during the year deprived the board of another
long-5eNing governor and former vice-chairman. Following elections in autumn term 2024. we welcomed
Christopher Benton asthe newteachergovernorandthanked Laura Hofton for herwork in that role previously.
Earlier in the year, we also welcomed Roger Kemptothe board. His manyyears of experience in primary special
needs education will be of great Value to us.
It was particularly pleasing that on the very day of my appointment, Ofsted completed its most re￿nt short
education inspection of Muntham, reporting informally to the governors and principal that the school, alreadv
rated 'good', might be considered 'outstanding' if a full inspection was carried out. Thi5 assessment has
subsequently been formally confirmed and is a Just reflection of the amazing effort which the whole school
team puts in every day to provide a personalised and supportive education- in the widest sense-for our boys.
Under former Ofsted practice, we would have expected a full inspection within the next two years, which we
are confident would have confirmed that rating. However, the regime has now changed, and the single rating
Is no more. We are, though, ready to shine in whatever new form of reporting is used at our next inspection.
We also received, forthe fifth inspection in succession dating backto 2018, an 'oUtstandIn￿ rating in Ofsted's
annual care inspection of our boarding facilities, for which are thanks are due to all our care staff, especially
for all those early mornings and late evenings.
The role of the governors is primarily one of strategic oversight. We do not manage the school on a day-to-day
basis, rather we support the principal and his senior management team to develop the school in a strategic
lonE-term direction planned and agreed with us beforehand. This is implemented via the school development
plan which the principal and his team present to us early each school year. Most governors support one
partlcular part of the school, maybe an age group, or a whole school aspect such as care and welfare or sport.
By our regular presence in the school, we can see the excellent teaching and care in attion and identify where
any extra support mlght be required.
We welcomed the appointment of five dedicated assistant heads duringthe year, one foreach key-stage in our
boys, school journey. And we look forwardtothe next major development atthe school, which isthe expansion
of 'Muntham College,, the'brand name of our excitlng and innovative post-16 education offering. Projections
show a considerable growth in demand at this age group, and we are supporting major expenditure on the
repurposing of no-longer needed workshop space into new classrooms to facilitate this.
None of this could be done without the skill, dedication and enthusiasm of Mr Anderson our Principal, Mr
Barnes our Deputy Principal and Head of Education, Mr Clayton our Head of Care, and all their teams, whom
the governors once again wish to sin￿re1¥ thank.
Mike Kipling, Chair of Governors

MUNTHAM HOUSE SCHOOL
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GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
PRINCIPAL'S REpoKr
This year has been another very successful year for puplls and staff at Muntham House School. Pupils have
been provided with a wonderful education and care experien￿ and the staff team have been fully supported
In their training needs to develop their prartice. One Learning Support Assistant has achieved Qualified
Teacher Status {QTS). which has been funded and fulty supported by the School. Another Learning Support
Assistant has achieved 3 2.1 in the Degree in Primary Education and is now on the school's training programme
to become a qualified teacher.
The school was inspetted by Ofstedforour social care inspettion in Februarythisyear and once again achleved
an Outstandinggrade in all areas. Thi5 IS the frfth consecutive Outstandinggradin& which is unprecedented In
the school's history and reflectsthe high level of provision pupils receive atthe school.
Ofsted
Outstanding
Provider
Attendance has maintained consistently hlgh across the year, with an average of 98.01% attendance across the
school. Thi5fi8ure is higherthan that of otherspecial schools and some mainstream schools. This proves how
much pupils enjoy being at school and rarely miss a day.
A number of residential trip5 have been organtsed for pupils in orderto develop their self-confidence and self-
esteem. These residentialtrips have also been extremelybeneficial in developing relationships between pupils
in each group and between the staff and pupils across the groups. This year, pupils sailed to the 151e of Wight
on a subsidi5ed trip through the Tall Ships Charity. None of these pupils had any prior sailing experience; the
charity provided each wlth complete training and all ne￿sSary sailing equipmentforthe journey.

MUNTHAM HOUSE SCHOOL
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GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
As part of the Duke of Edinburgh programme, pupils completed the Three Peaks challenge, climblng the three
highest mountains in the United Kingdom. A group of 8 pupils with Auttsm climbed Ben Nevis in Scotland,
Scafell Pike in the Lake Districtandsnowden in Wales. Thi5 was an extreme challenge forall pupils with autism,
however, one in which they all successfully completed. Achieving a Three Peaks medal each for thelr
achievements alongside the Duke of Edinburgh Silver award. This group of pupils on are track to achieve the
Gold award which will involve a visit to Buckingham Palace to receive and celebrate thelr achievements.

MUNTHAM HOUSE SCHOOL
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GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
Battle of the Bands took place at the school, which Is our regional musiccompetition for pupils to take part in
and compete againstotherschools. This event isfreeto enter and helps encourage and develop pupils, muslcal
ablllty. Bands and individual performersfrom fwe other5pecial schools attended this event, which was a great
success. Munth3m House School 15 the only special school to organise an interschool music cornpetltion for
special school5.
Muntham House School has continued to provide Therapy and counsellTng for complex pupils at four local
secondaryschools and four local primary schools. This service is provided at no costto the schoolsand enables
the school to support local schools in helping with the national mental health crlsis and the lack of support for
pupils in mainstream education. Thefeedback received from pupils, theirfamilies, and other schools has been
exceptional.
Outstanding outcomes have been achieved with all pupils passlng their GCSE or BTEC examinations: this
becomes more significantwhen consideringthe Starting point of pupils when they joined the school and where
most pupils were preditted not to be able to have been able to reach the level of GCSE after failing their Key
Stage 2 SATS, let alone take the examinations and pass.
Once again, all pupils leaving the school last year went on to further education or full-time employment. This
is the third year in a row in which the school has produced 0% NEET INot in Employment, education or other
trainlngl pupils. Considering the educational profile and history wlth which pupils join the school, this truly is
an Outstanding Outcome achieved by the hard work, dedicatlon and Skill of our 5tsff team.
Harry Anderson, Principal

MUNTHAM HOUSE SCHOOL
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GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
STRucfuRE, GOVERNANCE AND MANAGEMENT
GOVERNORS, OFFICERS AND ADVISERS
Michael Kipling {Chairman from 20"July 2024) +
th
John Knightley {Chairman until 20 July 2024) +
Christopher Benton {Teacher Governor) {started 4 October 2024)
Bartholomew C311aghan +
Jonathan Copeland (Local Authority Governor) +
lan Davies +
Daniel Farnfield (until 7 February 2024)
Stephen Fisher +
Martin Fuller +
th
Peter Higgins {until 10 July 2024
Laura Hofton (Teacher Governor) + (until 30 September 2024)
th
Barryjones (until 6 October 20231
Harvey Jones +
Roger Kemp + {5tarted 20 March 20241
Tracey Kirk Ivice-chairman) +
Angela Luff (Staff Governor) +
rh
th
Jim Martin + (started 27 March 2024 and resigned 24 September 2024)
Michelle Wright IParent/Guardian Governor) +
Conforming to best practice as recommended by DfES (para 7. Circular 14.99 refers)
+ Registered Director of Muntham House School at year end
For management and administrative purpose5, the Trustees are constituted as a Body of Governors who
conduct and manage the school in accordance with the provisions of the Mernorandum and Articles of
Association.
The following are the members of sub-committees
denotes Chairman of each sub committee
Education
Tracey Kirk
lan Davies
Christopher Benton
Roger Kernp
John Knightley
Flnance/Estates
Jonathan Copeland
Martin Fuller
Harvey Jones
Michael Kipling

MUNTHAM HOUSE SCHOOL
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GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
Personnel
Michael Kipling
Bartholomew Callaghan
Jonathan Copeland
Tracey Kirk
Care & Welfare
'Bartholomew Callaghan (arting Chair)
Steve Fisher
Martin Fuller
Angela Luff
Michelle Wright
Health & Safetyfeatures as an agenda itern on each sub committee
Safeguarding features as an agenda item on each sub committee
OFFICERS
The School Principal, Harry Anderson. is an exofficio member of all sub commTttees.
Prlncipal
Head of Finance / Company Secretary
Harry Anderson
Daniel Jones
Other members of the Senior ManagementTeam
Head of Education
Head of Care
Andrew Barnes
Laurence Clayton
ADVISERS
Auditors
TC Group, The Courtyard, Shoreham Road,
U pper Beedin& Steynin& West Su55ex, BN44 3TN
Bankers
Lloyds TSB Bank. 37 High Street, Billingshurst, West Sussex, RH14 9PS
Solicitors
Charles Russell LLP, Buryfields House, Buryfields,
Guildford. Surrey, GU2 4AZ
Insurance Brokers
Hettle Andrews & A550ciates Limited, 11 Brindley Pla￿,
2 Brunswick Square, Birmingham, Bl 2LP
The Muntham House School Governors and Directors present their annual report (including the Strategic
Report) for the year ended 31 Au8USt 2024 togetherwith the consolidated accounts for the charity.
The accounts comply with the requirements of the Companies Act 2006, the Charities Art 2011. the
Memorandum and Articles of Association and Accounting and Reporting by Charitles: Statement of
Recommended Practice applicable to charities preparing their attounts In accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 20191.

MUNTHAM HOUSE SCHOOL
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GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
REFERENCE ANDADMINISTRATIVE INFORMATION
Charity Number
1105085
CompanyNumber
05063879
DCSF Number
938/7003
OFSTED Number
126154
Registered Address
Barns Green, Horsham. West Sussex. RH13 ONJ
Status of School
Residential non-maintained special school complying wlth the requirements of
the Department of Education underthe Education Act 1981.
Governors and Executive Officers are as listed on pages 5-6. Particulars of the Charitys PrDfessional Advisers
are given on page 6.
The school holds approval as a non-maintained special school within the meaning of the relevant Education
Atts including recent 20Q8 regulations.
The school is registered to accommodate some 122 children ranging from key stage I￿0t0 key stage four. The
school has a separate Post 16 unitwhich can accommodate 12 boarders and also has provision for daystudents.
The school has a wide range of educational and recreational facilities, and provide5 a high staff to pupil ratio.
Children are referred to the school by a number of local authorities listed by the size of the cohort from each
authority-_
West Sussex County Council
Surreycountycouncil
Essex County Council
Wokingham Borough Council
Hampshire County Council
The Royal Borough of Kingston upon Thames
The London Borough of Enfield
The London Borough of Richmond & Wandsworth
Brlghton & Hove City Council
The London Borough of Croydon
GOVERNING DOCUMENT5
Muntham House School was founded in 1953 by the then Ministry of Education and National Foundation for
Educational Research and is registered as a charity under number 306352. The school was incorporated in
2004. The School is now governed by its Memorandum and Articles of Association dated 4 March 2004.
GOVERNING BODY
Detalls of the Governing Bodyand its constituentsub-committees are shown on pages 5-6.

MUNTHAM HOUSE SCHOOL
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GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
RECRUITMENT AND TRAINING OF GOVERNORS
The Charitls elected Governors are appointed at a meeting of the Board on the basis of: eligibility, personal
competence, specialist skills and local avallability. There isoneTeachingStaff Governorrepresentative and one
Non-teaching Staff Governor representative, both elected byfellowstaff members. One Governor representing
ParentslCarer5 of boys at the School is a member of the Board, as 15 a governor appointed by West Sussex
County Council. New Governors are inducted into the workings of the Charity, including Board Policy and
Procedures by a mentoring process supervised by the Chairman. Strateglc planning sessions are held on a
regular basls, and Trustee Training delivered by specialist organisations is available to all Governor5.
POLICY FOR sE￿ING PAY FOR SENIOR MANAGEMENT TEAM
Muntham House School has non-maintained status and as such follows the protocols on pay which are agreed
for mainstream special schools. In this they implement the nationally agreed pay and condition5 policies
annually updated by the t￿ . With regard to ancillary workers the school follows the pay Euidelines from the
National Joint Council. Its application to senior managers Is the same therefore as mainstream practice and is
negotiated through national performance managementprocesse5and professional responsibilitygrades withln
the agreed national pay policy frameworks.
ORGANISATIONAL MANAGEME￿[
Muntham House School Governors, as the trustee5 of the Charity, are legally responsible for the overall
management and control of the School and meet at least four times a year. The work of monitoring the
implementation of their policies is carried out by the various sub-committees who normally meet prior to each
meeting of the full Board. In addition, the Finan¢e/Estates sub-comrnittee have two meetings in which budgets
are approved, and the audited accounts and annual reportfinalised priorto recommendation to, and approval
by, the full Board.
The day to day running of the School is delegated to the Principal supported by a Senior Leadership Team. The
Principal or a member of the Senior Leadership Team attends meetings of all commwttees.
GROUP STRucfuRE AND RELATIONSHIPS
The Charity is the trustee of Muntham House School Trust a subsidiary charlty {No: 1105085 -11 and, a5 such,
holds the title to land and buildings valued at £1.65 million as an endowment fund. All of the other assets of
Muntham House School Trust were transferred to Muntham House School on l April 2004.
Thecharity had a wholly owned non-charitablesubsidiary, Muntham House Enterprises Limited. This company
has been inactive since 2018 and is now dosed.
Muntham House School artively supports the attainment of the highest standards in the Non-maintained
Special Schools sector, partly through networking with other special schools and partly through peer group
studies for the evaluation of quality and improvement methods. We also interact with many local
organisations and mainstream schools in our ongoing endeavouKS to widen public acce55 to the expertise that
we can provide in the field of Behaviour Management.
RISK MANAGEMENT- INCLUDING PRINCIPLE RISKS AND UNCERTAINTIES
The Board of Governors is responsible for the managernent of the risks faced by the School. Detailed
conslderations of risk are considered by all Governors assisted bythe Principal and Senior Management Team
of the School. Risks are identified, assessed and controls established throughoutthe yearwith a formal review

MUNTHAM HOUSE SCHOOL
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GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
of the Charivs risk management processes undertaken on an annual basis.
Key controls used include:
Formal agendas for all Committee and Board activity
Detailed terms of reference for all Committees
Comprehensive strategic planning. budgeting and management accounting
Established organisational strurture and lines of accounting
Formal written policies
Clear authorisation and approval levels
Vetting procedures as required by law for the protection of the vulnerable.
Governors are satisfied that the major risks identified through the rlsk management processes have been
adequately managed where necessary, whilst recognising that systems can only provide reasonable but not
absolute assurance that major risks have been adequately managed.
The Governors considerthe principal risks and Un￿rtaIntieS facingtheschool and plotthem on a matrix against
impart and likelihood in a process owned by the Finance/Estates Committee of the Board.
The last 2023-24 risk matrix is presented below:
MHS Risk Matrix-April 2024
muTrm￿ HOVSX SCFIOOL
drknts
relFxf•5
*kn*r
'.ATT2¥
Low Impact
High Impatt
For each a risk mitigation plan is in place and the matrix reviewed twtce per year.
The overall risk landscape feels more uncertain than it did 12 months ago. This is true at both the macro level
Iglobal econcmic factors. a new government in the UK facing fisca I pressures, alre8dy announced legislation
for 2024 and potential further legislation) and at the micro level (staff recruttment, staff retention and
suitabilrty of boys being referred). The school ha5 been successful in managing costs to keep fee increases to
a minimum and this 15 we ho
e and believe reflected in a
ood relationshi
with authorities. At
ear end

MUNTHAM HOUSE SCHOOL
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GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
there was sti51 uncertainty about teaching and non-teaching stsff pay awards but the settlements reached by
central and local government sin￿ then (which the school adopts) are within expectations.
Monitoring and planningforthese is part of the school risk management approach.
WHISTLE BLOWING POUCY
This policy outllnes the school's commitmentto tackling fraud and otherforms of malpractice and treats this
Issue seriously. The school recognises that some concerns may be sensitive and has therefore developed a
system which allows for confidential raising of concerns wrthin the school environmenL
OBJEcfivES AND AcfiviTIES
SAFE
CARING
HAPPY
CHARITABLE OBJECTIVES
Muntham House School supports young people with challenging behaviours linked to Autism, ADHD, Mental
and Emotional Health. Oursafe, caringand happy communityworks with familiesand local servicesto improve
the quality of lrfe for these remarkable young people and theirfamilies.
The school has the equivalent o* 116 full time staff (2023 comparator 94) in teachin& care, administrative and
ancillary posstions and an exit level of 116 (123 headcount).
AcfiviTIES FOR THE YEAR
At the start of the 2023-24 year, we stated in our objectives for the year were much less centred on the
investment and building of infrastrutture around the school but more focused on the development of good
prartlce within the school. This turned out to be very much the case with many of the achievements being
reported in the Ch3ir of Governor and Principals reports.
One of the core principles at Muntham as part of oursafe, Caring, Happy objectives required us to build a
standalone classroom for a boy whose EHCP needs could not be met in a classroom environment and we
were proud to be able to respond to this need so quickly. We were also proud to be able to improve our
curriculum offering and continue with the rolling programmeto maintain the safety and quality of our school
envlronment.
io

MUNTHAM HOUSE SCHOOL
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GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
OBJEcfivE5 FOR THE COMING YEAR
For 2024-25 the main infrastructure change we are planning is surrounding the expansion of capacity in our
Post 16 offerlng to accommodate the boys who will transition (subject to funding) from Main School to Post
16. This will involve the re-purposing of an existing space to provide additional classroom space. Preparatory
work for this, including the replacement of the roof on the building, has been complete and work will tske
pla￿ in the summer holidays at the end of the academicyear.
Other priorities fortheyearfocus on minor irnprovement projects around the stte, a feasibility study into solar
power on site and the continuous development of staff to support the excellence of our offering in Education
and Care,
It was confirmed in the October 2024 Budget that the sthool is in scope for VAT from l January 2025. The
school has made preparation5 for this and is now VAT registered and well prepared to manage the
implementation havinE completed the process of reviewing all income and expense items on a line by line
basis. Communication with Local Authoritie5 has been completed and training planned forthe changes needed
to the school accounting system.
STRATEGIES TO ACHIEVE THE YEAR'S OBJECTIVES
Every year we plan our strategiesto achieve our aimsthrough the School Implementation Plan (SIP). This plan
provides a description of developing assets and provision to meet the needs of the School's mission, based on
our long term aims which are to match, or better, local and national provision for students with social.
emotional and mental health dtfficulties {SEMH), and become the ￿ntre of expertise for the region in such
provision, The SIP is a year-on-year action policyto achieve the twin strategic aims of the school community.
ENVIRONMENT ¥w8(tsJ
Overthe comingyears it is planned to growthis section of the report as Environmental impacts become 2 more
and more critical and integrated part of the strategy of the school.
utility C02 output {kgl
Elettricity
as
ept 21-Aug 22
7.680
10,052
15,227
21
pt22-Aug23
4,189
10,049
16,107
22
ept 23- Aug 24
9,550
10,420
17,514
1, 191
108,675
Diesel
Petrol
OTAL
113,580
101.067
oys
nten51ty C02kg/Boy
103
112
124
1,102.7
76.4
Carbon efficiency has increased year on year in the sthool driven mainly by the expanding number of boys in
school. Increasingly carbon considerations are being incorporated into decision making and the school is
planning a 501ar pa nel feasibility study in 2024-25.
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GOVERNORS, REPORT {INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
PUBLIC BENEFIT
The trustees have had due regard to guidance published by the Charity Commission on public benefit
The school aims to meet the special educational needs of boys Iranging from key stage one to key stage five)
who have emotional. behavioural and soaal difficulties.
Muntham House School is recognised as a leader in thefield of Special Needs Education (Behavioural and Social
Difficulties), and, as such, provides high quallty education and care to boys referred by Local Education
Authoritie5 {listed on page 7); and gives support to theirfamilies and carers.
FINANCIAL REVIEWAND RESULTS FOR THE YEAR
Muntham House's principal funding comes from fees charged to Local Education Authorities and from grants
from the DfE. Charitable donations and Grants make up the other sources of income with a small contribution
from activities such as rental income.
This year we are grateful to the continuing support of Belmer Rush Foundation Trust who support the school
every year and allow so many new facilities for our boys to be 5UPPOrted.
There were 116 boys on roll at the end of the fTnancial year (compared to 112 the prior year) with further
expanslon in the Infant provision with the addition of the second classroom building.
The financi31 results fortheyear show a net surplus (before pension revaluation) of £168k (£363k in prior year
for the 17-rnonth prlor financial year, £256k pro rata) reflecting the continued prudent financial management
of the school and reinvestment of money into the school for improvement projects in line with the charitable
objectives of the school.
The school surplus has reduced forthe last fouryears reflecting the Inability of the school to offset inflationary
input Costs with fee increases from local authorities.
RESERVES POUCY
The School Governors have set a Reserve5 ￿11￿ which operates with a maximum level of reserves {based on
the cost of clossng the school's liabilities with the exception of LGPS exit liabilities in a wor5t-case scenario) and
a minimum level of reserves (based on operatingwith no income for a period of six rnonths).
At the end of the yearthe following reserves were held:
Endowment reserves made up of land and buildings wlth a gross value of £1,650,000 less accumulated
depreciation of £208.845, a net of £1,441,155 which is held in the subsidiary charity Muntham House School
Trust Icharty number 1105085-1)
Designated reserves of £170.iX)0 Set aside for the investment in Post 16 facility Improvements.
Restricted reserves stood at £66,175 (2023: £29,771) made up of un-spent Pupil Premium grants carried over
the year end.
Unrestricted reserves {calculated before penslon deficit) rose to £3,030.597 (£2,652,377 in prior year) of which
£2,851,402is attributable to the school and £179,195 to the Muntham House School Trust. This represents
76% of the maximum reseNes and 127% of the minimum reserves.
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GOVERNORS. REPORT (INCORPORATING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
SO far as the governors are aware, there is no relevant audit information (as defined by Section 418 of the
Companies Act 20061 of which the company's auditors are unaware, and each governor has taken all the steps
that they ought to have taken as a governor in order to make themselves aware of any relevant audit
information and to establish thatthe companrfs auditors are aware of that Information.
POST BALANCE SHEEf EVENT
No events of significance to report post the balance sheet date.
This report. including the Strategic Report, w35 approved by the board of Governors of Muntham
House School and signed on their behalf by-
Signed
M Kipling, Chair of Governors
Signed
J Copeland, Governor
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MUNTHAM HOUSE SCHOOL
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STATEMENT OF GOVERNORS. RESPONSIBILITIES
The Governors. who are also the rfirectors of Muntham House Schoot for the purpose of company law, are
responsible for preparing the Govemors, Report (Incorporaknng the Strategic Report) and the acccunls in
accordan￿ with applicatAe law and United Kingdom Accwnting Standards (United Kingdom Generally Attepted
Accounting Practi￿).
Company law reqUI￿S the Govemors to prepare a¢xounts for ead) finarKia period whith gNe a true and fair
view of the stste of affairs of the tharity and group and of the incoming resources and application of resources.
induding the income and exp8ndilLre. of the tharitable axnpany and the group for that period.
In preparing Ihese accounts. the Govemors are required to:
- S81ect suitable accounting p0￿cleS and Ihen apply them consistently;
- observe the methods and principles in the Charifres S¢3RP:
- make judgements and estimates that are r&qsonable and prudent. and
prepare the a¢counts on Ihe going con￿rn basis unless it is inappropriate to preS￿￿e Ihat th8 charity will
conlinue in operation.
The Govemors are responsibte for keeping adequate accourrting rw)rds that disclose wth r8asonable accura
at any ts'me the financial position of the charitable company and Ihe group and enable them to ensure that
the accounts o)mply with the Companies Act 2(MX. They are also resp￿sibl￿ for safeguarding the assets of
the charitable company and the group a￿1 h&￿e for takiTrJ reasonable steps for the prevention and det8clion
of fraud and other I￿egular1tI8$.
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MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF MUNTHAM HOUSE
SCHOOL
Opinion
We have audtt8d the finanaal statements of Muntham House School for the year ended 31 August 2024 on pages 19
to 36. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
Acuunting Standards, including Finanaal Reporting Standard 102 The Finanaal Reporting Standard applicable in the
UK and Republic of Ireland {United Kingdom Generalty Accepled Awunting Practice).
In our opinion the financial statements=
give a true and fair view of the state of the group arKI chaTitsble companls affairs as at 31 August 2024 and of its
incoming resour￿$ and appli￿￿On of reS￿r￿, induolrvJ its ino)me and expenditure, for the period then ended.
have been properly prepared in accordance with United Kingdom Genetally A(xepted Awunting Practice" and
have been prepared in aCcOrdar￿ with the requirements of Ihe Companies Act 2006.
Basis for opinion
We conducted our audtt in ￿COrdanCe wilh Intemationd Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those slandards are further desuibed in the Auditorfs responsibilities for the audit of the
financial statements section of our report. We are indeperKJent of the charitable o)mpaw in accordan￿ with the ethical
requirements that are relevant lo our audit of the financial statements in the UK. including the FRC'S Ethical Standard,
and we have fulfilled our other ethical responsibilities in a(￿rdanCe with these requirements. We believe that the audit
evidence we have obtained is sufficient appropriate to provide a basis for our opinion.
Concluslons relating to going concom
In auditing the financial staternents, wè have concluded Ihat the directo¢s use of the going con￿rn basis of accounting
in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions
that, individually or collectwely, may cast significant doubt on the group or tharttable companls ability to continue as a
going concern for a period of at least ￿efve months f￿M when the financaal statements are authoris8d for issue.
Our r8sponsibililies and the responsibilitFes of the director with respect to going cOn(￿M are described in the relevant
sections of this report.
Other inforniation
The govemors are responsible forlhe other infomiation. The other infarn￿tIOn cornptises the inftirmation included in the
govemors, annual report, olherlhan the financial statements and our audttoff s report thereon. Our opinion on the financial
statements does nol cover the other information and, except to the extent olhep•iise explicitly stated in our report, we do
not express any fomi of assurance condusion thereon.
In connection with our audit of the financial statements. our responsibility is to read the other information and, in doing
so. consider whether the other inf0m￿tIOn is matertally inconsistent wilh the financial statements or our knowledge
obtained in the audit or otherwise appears to be materially misstated. If we identfy such mater(al inconsistencies or
apparent material misstatements, we are reqUI￿d to detemine whether there is a material misstatement in the financial
ststements or a material misststement of the other information. If. based on the woth we have perfomied. we conclude
Ihal there is a material misstatement of this other infomation, we are required to report that fact.
We have nothing to report in this regard.
15

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARA￿rEE)
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF MUNTHAM HOUSE
SCHOOL
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on Ihe work undertaken in the course of the audti
the information given in the govemors, report (Incorporating the strategic ￿port and the govemorf report) for the
financial period for whith the financial statements are prepared is consistent with the finanaal slatements., and
the stra18gic retx)rt and the govemors, report have been prepar8d in ac(x)rdance with apFlicable legal requirements.
Matters on which we are requlred to rewt by exception
In the light of our kno￿edge and understsnding of the dHritable company and its environment obtsined in the course
of the audit. we have not identified material misststements in the strategic report and th8 directors, report.
We have nothing to report in respect of the following matters in relation to which the Comp￿leS Act 2C￿ requires us to
report to you if, in our opinion-
adequate accounting records have not been kep( cr retwns adequate for our audlt have not been rec8iV8d from
branch8s not visited by us: or
the finanaal statements are not in agreemerrt wilh Ihe aC(X￿nting records and retums. or
certain disclosures of dire¢tor5' remuneralion specified by law ar8 not made", or
we have not receNed all the infomialion and explanations we requi￿ for our aurfrt.
Responslbilitios of governorJ
As explained more fully in the govemors. responsibiltknes Statement set ¢wt on page 14, the govemors (who are also the
directors of the charitable company for the purposes of company law) are responsible for the preparation ofthe financial
statements and for being satisfied that they give a true and far wew. and for such intemal Control as the govemors
det8nnine is n8￿ssary to enable Ihe preparation of financial statements that are free from malerial misststement,
whether due to fraud or error.
In preparing the financial statements, th8 govemors are responsible for assessing the charitable company's abilty to
conts.nue as a going concem, disdosing. as applicable. matters related to going cJ)ncern and using the going Ix)ncem
basis of accounting unless the govemors either intend to liquKlate the charitable company or to cease operations. or
have no realistic altemative bLrt to do so.
Auditorfs responslbllhles for the audit of the financial statements
Our objectiV8s are to obtain reasonable assuraTTr about whelher Ihe financial statements as a whole are fre8 from
material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our opinion.
Reasonable assurance is a high level of assuran￿, but is ncl a guarantee that an audit ￿ndUcted in accordance with
ISAS (UK) will a￿ayS detect a material rnisstatement when il exists. Misstatements can artse from fraud or error and are
considered material rf, indimdually or in the aggregate, they could reasonabty be expect￿1 to infiuence the economic
decisions of us8rs taken on the basbs of these financial ststemenls.
Irregularities, including fraud, are instances of non-compliance with laws and regUla￿nS. The extent to which our
prO￿dureS are ￿pable of detecting irregularities. indudirs fraud. is detsiled below.
A further description of our responsibilities for the audit of the ffinan￿al statements is localed on the Financyal Reporting
Council's webstle at: httpS.'Ifv￿l.frC.org.uk1our-workIAuditIAudlt-2n￿assuranc￿1Standards-and-gUIdan￿lstandard￿
and-guidan¢e-for-auditorslAuditors-responsibilities-for-audiUDescriptiorFof-auditors-r8sponsitMlthe5-for-audit.aspx. This
description fomis part of our audikorfs report.
16

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF MUNTHAM HOUSE
SCHOOL
Extent to whlch the audlt was considered capable of detectlng irregularities, including fraud
The objectives of our audTt. in respect to fraud. are.. to identify and assess the risks of material misstatement of the
financial statements due to fraud.. to obtsin suffic4ent appropriate audit evidence regarding the assessed risks of material
misstatement due to fraud, through designing and implementing appropriate responses. and to respond appropriately to
fraud or suspeded fraud iderrtified during the audit. However, the primary responsibility for the prevention and detectron
of fraud rests with l)olh those Charged wilh govemance of the entity and its managefflenl.
Our approach was as follows..
We identified areas of laws and regulations that could reasonably be expected to have a material effect on the
financial stat8rnents from our general commeraal and wtor experien￿, and through discussion with the
directors and other management (as required by auditing standards), and discussed with the directors and othqr
management the policies and procedures regarding Complian￿ with laws and regulations:
We identified the following areas as those most likely to have such an effect.. health and safety" General Data
Protection Regulation (GDPR)., fraud" bribery and CO￿UptIon. school inspections, keeping ciiildren safe in
education and employment law. Auditing slandands limtt the required audit Pro￿dureS to identify non-
compliance with these laws and regulalions to enquiry of the trustees and other management and inspection of
regulatory and legal corresponden(x. rf any.
We considered the legal and regulatory framewofks directly applicable to the financial statements r8pO￿ng
framework {FRS 102 and the Companies Act 2006 and Ihe Charities Acl 2011) and the relevant tax complian
regulations in the UK"
We considered the nature of th8 companyslcharitys operations, Ihe control environment and business
performance, inGluding the k8y drivers for managemenfs remuneration:
We comrnunicated identffjed l&vs and regulations thrcwghout our tean and remained alert to any indi￿lI0nS of
non-compliance throughout the audit.,
We considered the procedures and controls thatthe ¢ompanylcharity has established to address risks identrfied,
or that otherwise prevent, deter and detect fraud., and how senior management monitors those programmes and
controls.
Based on this understanding we designed our audit pro￿thre$ to identify non-compliance with such laws and
regulations. the risk was considered lo be higher, we performed audit procedures to address each identified fraud
risk. These procedures Ir￿lUded. testing manual joumals" reviewing the financial statement dtsdosures and testing to
supporting documentation. performing analytical procedures,. and enquiring of management, and were designed lo
provide reasonable assurance that the financial statements were free from fraud or error.
Owing to the inherent limitations of an audit. there is an unavoidable risk that we may not have detected some malerial
misstatements in the financial slat8ments, even though we have properly planned and performed our audit in aGcordance
with auditing standards. For example, the further removed nonvcompliance wilh laws and regulations (irregularities) is
from the events and Iransactions refleGted in Ihe financial stalements, the less likely the inherenlly limited procedures
requir8d by auditing standard5 would identfy it. The risk is also greater regarding irregularities 0￿Urring due to fraud
rather Ihan error, as fraud involv8s intentional concealment. forgery, collusion, omission or misrepresentation. We a
nol responsible for preventing non-complian￿ and cannot be expected to det8Ct non-¢omF4iance with all laws ar¥d
regulalions.
17

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
REPORT OF THE INDEPENDE￿rAUD[fORs TO THE MEMBERS OF MUNTHAM HOUSE
SCHOOL
Use of our report
This report is made solety to the group or charitable company's members. as a body. in aC￿rdance with Chapter 3 of
Part 16 of the Companies Aci 2rTh. Our audit work has been undertaken so that we might stat8 to the charitable
company's members those matters we are required to state to them in an auditorfs retM)rt and for no other purpose. To
the fullest extent pernitted by law, we do not a(xept or assume responsibility to anyone other than trie charitable
company and the charitable companses members as a trx)dy. for our audit work. for this report. or for the opinions we
have formed.
Mark Cummins FCCA (Senlor Stsljrtory Auditor)
for and on behalf of TC Group
Statutory Auditors
Office: Steyning, West Sussex
Dated..
QtQLY.
18

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
(12 months) (17 months)
Total
Total
Unre8trictad D8slgnated
funds
funds
Restrfcted Endowment
funds
funds
2024
2023
Incom• from:
Donations
28.675
28,675
114,003
7.264,332
48.615
Investrnent income
114,003
33.563
Charrtable artwit￿s
6,782,041
482.291
9,385,760
Total Income
6,924.719
482,291
7,407,010
9,467,938
Expenditure on:
Charitsble activities
6,686,273
,O¢Xi
445,887
16,5C
7,238,660
9.104.455
Total expondlture
Net Surplus
Gross transfer behveen fijnds
6,686,273
,o¢)J
445.887
16,500
7.238,660
9,104,455
238,446
30.QQO
{90.000)
(30.000)
36,404
116,500)
168,350
363,483
Gainl{loss) on dafined b8nefrt
pension schemes
Net movement in funds
17
238,000
268,446
(120.000)
36,404
{16,500)
168,350
601,483
Fund balar￿A$ at 1 September
2023
5,624,958
290,O¢y)
29,771
1,457.655
7,402,384
6.800.901
Fund balances al 31 Augusl
2024
5.893.41]4
170.ofKI
66.175
1,441,155
7,570,734
7,402,384
Surplus attrlbutable to school
184,850
617,983
All of the group's activities other than those identffied above are classified as ￿ntInuIng. There a￿ no recognised gains
or losses other than those reported on the Statement of Fina￿la1 Activities.
For comparative purposes 2023 is a 17-month period and 2024 15 a 12-month period.
19

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
SUMMARY INCOME AND EXPENDITUREAcc0u￿r
FOR THE YEAR ENDED 31 AUGUST 2024
112 rnonths)
2024
(17 month5)
2023
Gross inc￿ne
7,407,010
9,487,938
Total exp8ndiiure from irKome funds
(7.222,160)
{8.849,955)
Net income for the period l yoar
184,850
617,983
The sumrnary income and expenditure ac£ount is derived from the statement of financial activities on page 19
which, together with the notes on pages 24 to 36. provides fun infommtion on the movements during the
period on all funds of the chartty.
20

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
CONSOLIDATED BALANCE SHEET
ASAT31 AUGUST2024
31 August
2024
31 August
2023
Fixed assets
Tangible assets
12
4,319,496
4,430,236
Investment5
13
1,069,897
1,cN)O,000
5.389,393
5,430,236
Current assets
Stocks
6.435
7,476
Debtor5
14
195.727
Cash at bank and in hand
2￿9￿508
2.470,CNJ4
2.696.387
2,673,207
Croditors: amounts falling due within one year 15
(515,046
{701.059)
Net curront assets
2.181.341
1.972.148
Total assets less current liabilities
7￿70,734
7,402,384
Total nel assets
7,570.734
7.402,384
Capital funds
Endowment fvnds
19
1.441,155
1,457,655
Income funds
Restricted fvnds
18
66,175
29,771
Unr8Stricted fijnds..
D8s¢gnated fijnds
170,000
290.000
Revaluation r8seNe (Property)
20
182,045
182,045
Other chariiable fiJnds
20
5,711,359
5,442,913
6,129,579
5.944,729
7,670,734
7,402,384
The accounts We￿ approved by th8 Board on 4 December 2024.
M lfjpllng
J Copeland
Company Registratlon No. O 5063879
21

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
SCHOOL BALANCE SHEET
ASAT 31 AUGUST2024
31 August
2024
31 August
2023
Flxed assets
Tangible assets
12
2.878.341
2.972,581
Invesknents
13
1.069.897
1,OQJ.QQO
3,948,238
3,972,581
Current assets
Stctks
7,476
Debtors
14
95.444
195.727
Cash at bank and in hand
2,54508
2.470,004
2,69Q387
2,673,207
Creditors: amounts falling duo wlthln one year 15
{515.046)
(701,059)
Net current assets
2,181,341
1,972.148
Tolal assets less cuffent Ilabi5ities
6,129.579
5,944.729
Total net assets
6,129,579
5,944,729
Income funds
Restri(*ed funds
18
6&175
29,771
Unrestri¢Xed funds..
Designated funds
170.000
290,000
Other charitable fuThJs
5.893.404
5,624.958
6,129.579
5,944,729
The accounts were approved by the Board on 4th December 2024
M Kipling
J Copeland
Company Registratlon No. 05063879
22

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2024
31 August
2024
31 August
2023
Cash flows from operating aclivities
Net incixne for the yéar
Adjustmonts for:
Deprerialion of tangible ffiX￿J ass8ts
Transfers within fred assets
Investment inccffte
Decrea8el{increas8) in stocks
Dectsase in debtors
IDecrease)lincTease in credito
Decrea8e in provisions - (Pension
liabilty)
168.350
601.483
12
261.832
297.730
(114003)
(33.563}
(2,229)
71.629
258,827
14
100,283
(186,013)
15
1238,000}
231.49)
955,877
Cash fl•)ws from Investlng a¢tMlles:
Investment inccmne
114.003
33,563
Purchaselmovement of investrnerrts
13
(69.897)
{1,￿0,1)￿)
Disposal of tangtile fixed assets
12
2.163
Purchase of tar¥Jible ftxed assets
12
(151255)
(854,385)
Net cash provlded by/{usedlnJ
investing activities
(106.986)
(1,820,822)
Change in cash and cash equlvalonts
In the year
124.504
(864.945)
Cash and cash equivalents at tho
beginning of the year
2,470,004
3,334.949
Cash and cash equivalerts at tho ond
of the year
2.5¥508
2,470,004
Analysis of cash and ca8h equlvalents
At1
September
2023
Cash flow
Nonryca8h
changes
At 31 August
2024
Cash al bank and in hand
2.470,C
124,504
2.594.508
2,470,004
124.504
2,594,608
23

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
Statutory infonnation
Muntham House School is a charitable L￿MPanY. limited by guarante8. register8d in England and Wales. The
charitable companys registered number and registered Offi￿ address can be found in the Govemors. R8POrt.
Accounting poll¢ks
2.1 Basis of preparatlon
The finanoal ststements have been pYepare(l in accorrlance with AC￿)Unting and Reporting by Chartlies:
ststement of Recommended Practice appli¢at4e to charities preparing their a￿￿unt$ in accordance with th8
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) {effective 1 January 2019)
(Charities SORP (FRS 102)). the Finanoal R8ixirting Slandard applicable in Ihe UK and Republic of Ireland
(FRS102) and the Companies Act 2(Al6.
Muntham House School meets the definilion of a public benefft entity under FRS102. Assets and liabilities are
initially recognised at historical cost ortransaction value urless otherwise stated in the relevant accounting policy
note(s).
After making approptiale enquiries, the trustees have a reasonable expectation that the thartty has adequate
resources to continue in operational e￿Stence for the foreseeable ftrture. There are no material uncertainties
about Muntham House School's ability to coniinue as a going concern.
Th8 financial statements are prepared in sterling. whth is the fvnclional ￿￿encY of the charity. Monetary
amounts in these financlal statements are rounded to the nearest £
2.2 Group flnancial statsm•nts
The financial statements consolidate the results of the tharity and Muntham House School Trust, a linked charity
(tharty number 1105085-1), on a line by line basis. A separate Statement of Financial ActNities and Income and
Expenditure A¢￿Unt for the tharity has not been presenled as the ¢hanty has taken advantsge of the exemption
afforded by section 408 of the Companies A(* 2006.
2.3 Income
Local aulhority fees and other income are included in the FEriod n which the seNice És provided.
Investment income is ac£ounted for when receivable.
Grants are ￿dited to the Statement of Financial Activibes in the petitsj in which they are receivable unless
a granl is subject to donor-imposed conditions that specify the time period in whith the expendrture of the
sources can take pla￿.. in which case they a￿ deferred.
2.4 Expendi￿re
Expenditura is accounted for on an a(wal's basi5 with the irrecoverdble element of VAT induded
wilh the item to which it relates.
Govemance costs include those costs associated with meeting the constitutional and statutory requirements
of the Charity and include the audit fees and costs link8d to the strategic management of the charity. These
are induded in support costs.
All costs are allocated between expendilure categories and deparlments on a basis designed lo reflect the
use of the resource. Costs relating to a particular adivity are allocated directly.
24

MUNTHAM HOUSE SCHOOL
ILIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policies {contlnued)
2.5 Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are staled at cost less depreciation. Depreaation is promded at
rates calculated to writ8 off the ¢c6t less estimated residual value of each asset over its expacted useful
lif8, as follows..
Freehold land k8 not depreciated
Assets currenlty under construdion are nol depreciated.
Freehold buildings
1 /0, 2.50/0 and 50A straight line
Plant and mathinery
10% and 25% straight line
Fixtures. ffttings & equipment
Between 7.5% and 33.33QA straight line
Motor vehides
33.330A straight line
The freehold land and buildings were professionally valued in May 1997. The fair value was determined to be
£1.65m which was incorporated into the accounts for the period ended 31 August 1997 and produced an
increase in value of £365,000. The charity has adopted the transitional prokisions of FRS 102 to conlinue to
treat this value as the deemed cost.
The value of the Freehold Land not depreciated is £330,000.
Items for educational purposes for pupils lo assist wilh leaming ar8 nol considered to be of a capitai nature and
are written off to the Statement of Financial Activities. Other non-educational items of capital expenditure up to
£1.(XJO are written off to the Statement of Frnancial Actiwties.
2.6 Leasing and hire purcha80 commitments
Rentals payable under operating leases are charged agansl income on a straight line basis over the period of
Ihe lease.
2.7 Investments
Fixed asset investments are staled at fair vatue, exc6pi investrnents in subsidiary Lmdertakings which are ststed
at cost.
2.8 Taxatlon
Taxation for the period comprises current and deferred tax. Tax is recognised in the Ststement of Financial
Actiwties, except to the extent that it relates to items reC￿gnIsed in other cJ)mpr8hensive income.
Current or deferred taxation assets and liabiltlies are not discounted.
Current tax is recognised at the amount of lax payable using the tax rates and I￿S that have been enacted or
substantively enacted by the balance sheet date.
2.9 Deferred tax
Defe￿ed tax is recognised in respect of al timing dIfferen￿S that have originated but not reversed at the balance
sheet date.
Timing differen¢es arise from Ihe inclusion of income arKI expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substsntively enacted by the period end and that are expected to apply to the ieversal
of the liming dtfference.
Unrelieved tax losses and other deferred tax assets are recognised only to ihe extent that it is probable that they
will be recovered against the reversal of deferred liabilities or other fvture taxable profsts.
25

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
Ac¢ountlng policies l¢ontinued)
2.10 stock
Stock is valued at the Iow8r of c))st or net realisable value.
2.11 Cash at bank and in hand
Cash at bank and in hand indudes cash and short temi highly liquid invesiments. The Governors seek to US8
short and medium-tenn deposits where possible to maximiselhe retum on monies trEkl at the bankand to manage
cash flow.
2.12 Trade and other debtors
Trade and other d8btors are reo)gnised at the settlement amount due after any discount offered. Prepayments
are valued at the amount prepad net of any discounts due.
2.13 Craditors and provisions
Creditors and provisions are recognised where the d￿rity has a present obligation TEsutting from a past ev8nt
Ihal wlll probably result in the transfer of tunds to a third party and the amount due to settle the obligation can be
measured or estimated reliably.
2.14 Pensions
Teaching stsff are members of the Teachers. Pertsion Scheme ffPS), a defined benefrt scheme administered
by the Teachers, Pension Agency. Contributions to the Scheme are charged to the Ststement of Financial
A¢tivilies as they fall due. The Teac*ers' Pension Scheme is an unfvnded scheme. Contributions on a "pay
as you go. basis are credited to the exchequer und8r arrangements govemed by the Superannuation Act
1972. Actuarial valuations are Carried out on a notional set of investments. Under the d8finttions set out in
FinancAal Reporting Standard 102. the Teachers. Pension Scheme is a multiemployer pension scheme. The
hartty is unable to identify lis share of the underlying (notional) assets and liabilities of the scheme.
Accordingly, under Finan(aal Reporting Stsnd¥d 102 the scheme is accounted for as rf it were a defin8d
contributions scheme.
The charity also conlributes to personal pension schemes for norkteathing staff. induding the Local Govemmenl
Pension Sch8me (LGPS) administered by West Sussex County Council. The chartty is able to identjfy its share
of the undedying (notional) assets and liabiltlies as detailed in note 17.
2.15 Fund accounting
Funds held by tha charty are either.
Unrestrided general funds- these are funds which can be used in accordanc￿ with the charitable objects at the
discretion of the governors.
Designated funds-these are funds set aside by the govemors out of unrestrided general frjnds for spe¢ifi¢future
purposes or projects.
Restricted funds - these are fvjnds that can only be used for partitxjlar restricted purposes within the objects of
the charity- Restrictions arise when swiffied by Ihe dI￿or or when funds are raised for particular restricted
purposes.
Endowment fvnds- these are land and buildtng frjnds which f2nnot be sddwilhout Ihe rKiorconsent of the Charity
Commission, further delails of which can be found in note 19.
Further explanation of the nature and purpose of each fijnd is induded in the notes lo the financial statemènts.

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policias (continued)
2.16 Critical accountlng estimates and judgements
In the appli(xtion of the tharity's accounting policies, the trustees are required to make judgements, estimates
and assumptions about the Carrying amount of assets and liabilities that are not readily apparent frorn other
SoUr￿s. The estimates and a$s￿lated assumptions are based on histotiixl experien￿ and other factors that
are considered to be relevant. A¢iual resulis niay differ frcrn these 8Stimates.
Th8 estimates and undertying assumptions a￿ reviewed an ongoing basis. Revisions to accounting estimates
are recognised in the period in whith the estwnate is revised.
The govemors do not consid81 that the￿ are any crittcal estimates or areas of judgement thal n￿d to be brought
to the attention of the readers of th8 financial statements.
Turnover
The turnover of the charity is wholly atttibutable to Ihe objectives of the charity as stated in the Govemors. Report
and is earned entirely in the UK.
Net incomel(expenditure) for the year
This is stated after charging:
2024
2023
Operating leases- equipKnenl
Depreciation
Auditors remuneration (group)..
Audit fees- charty
Slock exFensed l (purchased}
2,855
261.831
3,684
297,730
15,900
15,660
1,041
(2,229)
Taxation
Th8 charitable company is registered as a ¢hafty and all of its income falls within the exemptions under Part 11
of the Corporation Tax Ad 2010.
6 Income from donations
Unrestricted
fund5
Restrfctsd
funds
Total 2024
Total 2023
Donations and gtfts
1.339
27,336
28.67S
48,615
Donations and glfts
Unrestricted funds..
1,339
6,959
Restrict8d fvnds..
Wlliam Belmer Rush Foundat¥)n
Wooden Spo
HDC
Other
24.629
24,778
16,500
1,872
835
378
27,336
41,65S
27

MUNTHAM HOUSE SCHOOL
{LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
7 Income from Investments
2024
2023
Inter8St r8ceivabte
44,106
69.897
114,003
33,563
Gilt interest re￿[Vable
33,563
Income from charitable activities
2024
2023
Main school fees
EEU fees
County Assistan￿- restrithd inc[￿e
L8ss bursaries
6.251.039
683.800
317.684
{22,5741
7.229,849
22.574
11,189
720
7,876,665
1,D73,033
410,960
{65,695)
9.294,963
65,695
15,098
10,004
9,385,760
Net school fees
Bursaries 8nd awards from restri¢tgJ funds
Rental income
Other inccffle
7,264332
Expenditure
Staff costs Depreciatson Other ¢¢)sts
Total 2024
Total 2023
Chariiable activities
Education
Education costs
3,961,808
643.605
194,730
545,149
118.559
441,521
129.194
449.393
587,427
24,002
1,631,537
4,521,888
772,799
779,380
1,140.591
24,002
7.238.660
5,439.483
1,C(J6,254
1,257,204
1,359,385
42,129
9,104,455
Care costs
Prèmises costs
Support ctsts
Bursaries frc¥n restricted funds
Total Expenditure
135,257
8.015
5.345.292
261.831
Analysis of support costs lincluding Governance costs)
2024
2023
Wages and salaries
Legal and professional
General Offi￿ and adminFstratton
Vehicle and travel
Govemance costs:
Audit lees
645.149
183.689
316,795
79,058
623.440
203,947
442.576
73.762
15.900
1.140,591
15,660
1,359.385
28

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
10 Governors
None of the Govemots (or any persons crnnerAed with them) received any remuneration during the year or
received any reimbursement of expenditure for their services as Govemors.
11
Employees
Number of employees
The average monlhly headcount was 124 staff (2023: 115 staffj and the average mnthly number of full lime
equivalent employ8es during the period was:
2024
Number
2023
Number
Teaching and other staff
117
Employment costs
2024
2023
Wages and salaries
Social securty costs
Pension cc6ts
4,292.830
390,872
661,590
5.188,365
478,110
811,278
5.346.292
6,477,753
Staff eaming in excess of £60,OIXJ per annum w) the following baThJs are..
2024
Number
2023
Number
£70,000- £79,999
£120,OLIJ- £129,999
£130,OCNJ- £139,999
Of the employees whose emoluments exceed £60.000. 2 P023: 2) have retiremenl benefits accTuing under
defined benefit pension sthemes. Pension contributic￿S for higher paid employees in the period amounted to
£43.981 (2023: £46,007). The employment C05ts for the o)mparatives disdosures atr￿ve have been prorated to
12 month period for 2023.
The key management personnel of the charitsble ￿rnpanY ￿MpriSe the Prinapal, Deputy Principal, Head of
Care and Head of Finance.
The total employee benefits of the key management personnel were £482.653 (2023.. £537,012). The decrease
is mainly due to the extended ac£ounting perirxl (17 months in 2023 v 12 monlhs in 2024).
Ex-gratia payments were rnade in the year totaNing £46.452 (2023: £nil).
29

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
12 Tanolble fixed assets
Land and
buildings
Plant and Flxtures, ffttlng8
machln•ry
& equipment
Total
Cost
At 1 Septem￿er 2023
Additions
4,686.436
579.277
696,696
5,962.409
109.170
14.9J)
29.155
153.255
Disposals
(18,540)
707.311
(18,540)
6,097,124
At 31 August 2024
Depreci81ion
At 1 September 2023
Charge for the period
Disposals
4.795.606
594,207
762.845
259,617
72.531
509,711
1,532,173
261.832
135,257
{16.377)
{16,377)
At 31 August 2024
898,102
332.148
547,378
1,777,628
Net Ix)ok value
At 31 August 2024
3,897￿04
262.059
169.933
4.319.496
At 31 August 2023
3,923,591
319.660
186,98S
4.430,236
School tsngible fixed assets
Group assets at 31 August 2024
Less Endcwnent fun¢Js
3,897,504
{1,441,155}
26I059
159,933
4319,496
(1.441,1551
2,878,341
School assets at 31 August 2024
2,45&349
262.059
159,933
The school fLYed assets are as above after accounting for the en(kniment assets below:
The endowment funds wnslst of Land and Buildings of £1,650,OCKI less depreciation of £208.845 which are held
as an endowment and are owned by the linked charity Muntham House School Twst (charity number. 1105085-
1). The endthvment land and buildings were professionally valued in May 1997. The fair value of £1.65m was
incorporated into the accounts forthe year ended 31 August 1997 and using the transitional provisions of FRS102
it continues to be treated as the deemed cosL
If the land and buildings had not bewl revalued they would be included at thè following hislorical cosl:
2024
2023
Cost
1.285.000
321,120
330.000
1,285,000
311,285
330,QOO
Aggregate depreciation
Value of land in freehokj land arKI buildiThJs
13 Investments
Consolidated
School
2024
2023
2024
2023
Gift invesknents
1.069,897
1,069.897
1.000.(M)O
1.000.(M)O
1.069,897
1,069,897
1.000,000
1,000,OC

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
14 Debtors
Consofidated
School
2024
2023
2024
2023
Trade debtors
15.090
4602
75,752
95,444
128.672
4.057
62,998
195.727
15,090
4,602
7S,752
95,444
128,672
4.057
62,998
195,727
other debtors
Prepayments and accrued inc¢Jne
15 Credltors: amounts falling due within
one vear
Consolidated
School
2024
2023
2024
2023
Trade crgjrtors
27,038
112.5CK)
27.038
164,392
137.882
87,668
98,166
112.500
Fees in advance and deferred ino)m8
164.392
137.882
87,568
98.166
325,731
98,454
87.096
325,731
98,454
87,096
77,278
Otrer creditors
Taxes and social security costs
Accruals arKI defe￿ed inc(Jne
77,278
515,046
701,059
515.046
701.059
Fees in advance and deferred Income
Defeffed income ¢otnprises monies rec£ived for the provision of serrfices after the period end.
Balance as at 1 sept￿lber 2023
325,731
Amount released to irtome eamed from tharitsble adivities
{325.731)
Afflount deferred in peric*
164,392
Balance as at 31 August 2024
164,392
Made up as follows..
Fees in advance
164.392
DefeThed income
Balan￿ as at 31 August 2024
164,392
31

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
16 Teachers, Pension Scheme
The School parti¢ipates in the Teachers. Pension Scheme fthe TPS) for its teaching staff. The pension charge
for the period includes contributions payable to the Trs of £378,768 (2023: £391.118) and al the year-end £nil
(2023- £nil) was accrued in respect of contributions to this scheme.
The TPS is an unfunded multi*mployer defined benefts penslon stheme govemed by Th8 Teachers, Pensions
Regulations 2010 (as amended) and The Teachers. Pension Scheme Regulations 2014 (as amended).
Members contsibute on a °pay as you go. basis with cThrtributK)ns from members and Ihe employer being
credited to the Exchequer. Retirement and other pension beneffts are paid by public funds prowded by
Parliament.
The employer contribLrtion rate is set by th8 Secretary of State following scheme valuations undertaken by the
Govemment Actuar￿$ Department. The most recent actuarial va]uation of Ihe TPS wa5 prepared as at 31 March
2020 and the Valuation Report was published in October 2023.
Following the Mccloud judgement. Ihe remedy proposed that when benefits become payable, eligible members
Can select to r8ceThie them from etlher the refomied or legacy schemes for the period 1 April 2015 to 31 March
2022, The actuaries have assumed that members are likely to choose the option that provides them with the
greater benefits, and in preparing the 2020 valuat'on has valued the 'greater valu8. benefits for groups of
relevant members.
The employ8r contribution rate for the TPS is 28.6%. and employets are also required to pay a scheme
administration levy of 0.080/0 giving a totsl employer conlribution rate of 28.68QA.
17 Local Government Penslon Scheme
Muntham House School is an admission bcmty of Loc21 Govemment Pension Scheme (LGPS) administered
by West Sussex County Counal.
The LGPS is a funded defined benefit scheme, with assets held in separate trustee administered funds.
Contributions to the schemes are determined by qualrfied actuaries on the basis of triennial valuats.ons using th8
projected unit method. The scheme is a mulii*mFloyer pension scheme.
The total employerfs conlribution made for the period ended 31 Augusl 2024 was £281,257 (2023.. £412,000).
The agreed contribution rates for the period ended 31 August 2024 were from 5.5QA to 8.5fr/. for employees and
19.￿ for employers.
The following infomation is based upon full actuarial valuations of the funds at 31 August 2024 by qualified
independent actuaries for the entire West Sussex Council Pension Fund.
The prinopal ¥tuarial assumptions used by the actuaries were as folk)ws:
2024
2023
Discount rate at 31 August 2024
Rate of incwse in pensANps payment
Rate of incre?s8 in salaries
5.20
4.15
The post retirement mortality assumptions used to value th8 benefft obligation are based on the Fund'5 Vita
Curves with improvements in line with the CMI 2018 model assuming long temi improvements of 1.5tA* p.a.
Based on these assumptions, the average fLrture life expe¢lancy of an average male reaching age 65 in 2024
is 22 years. The life expectancy of a female member reaching age 65 in 2024 is projected to be 25.5 years.
The expected retum on plans, assets is based on market expectations for investrnent retums over the life of
the related obligats'on.
32

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
17 Local Govemnwnt Pension Scheme (continuod)
The major categories of plan asset as a percentsge of the total plans, assets, are as follows:
2024
2023
Equ￿oS
Bonds
Propety
Cash
54
32
12
53
31
14
Changes in Ihe Fair Value of Plan Assets, Defined Benefft Obligation Net Asset l (Liability) for year-end 31
August 2024:
2024
eooo
13,195
(7,895)
5.300
2023
£'ooo
Fair value of Employ￿ Azsets
Present Valu8 of Funded Liabilitie5
Surplus l (Deficit)
11.708
{7,341)
4,367
18 Restrictsd funds
The income funds of the Charity indude restricted funds comprising the fouowing unexpended balances of
donations and grants held on Irust for specific purposes:
Movement In furKf5
Balance at 1
Septemb•r
2023
Balance at 31
August 2024
Inc(m•
Expendlturo
and transfers
William Belmer Rush Foundation
Oiher restrict8d donations
County Assislance
16 to 19 Bursary Release
PE Premium
Pupil Premium
24,629
2,707
317,584
22.574
16.370
98,427
482.291
(24,K29)
(2,707)
{317.584>
{24,002)
(22.575)
(54,390)
(445.887)
23.566
6.205
22,138
44.037
66,175
29,771
illiam Belmer Rush Foundation
This is a Capital granl Teceived from the foundation.
Other restricted donations
Donation for utensils to be used in the Food Teth Centre.
County assistance
This is funding r8ceived from county councils fr)r the provision of one to one special ￿edS teaching assistants
for individual pupils.
16-19 Bursary
This is funding received from the department specÈfically in respect of bursaries.
PE Premlum
Funding was recerved from the department to provide spelialist PE and sport support for local schools.
Pupll Premium
This is funding received from the government to decrease the attainment gap for disadvantaged children,
whether by income or by famity upheaval.

MUNTHAM HOUSE SCHOOL
{LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
19 Endowrnent funds
The funds of the group indude enduwment fijnds includej in the linked charity The Muntham House Sthool
Twst {Charity number 1105085-1) which conslilute the folh)wing;
Movement in funds
Balance at 1
September
2023
Balance at 31
August 2024
Transfers
Inwne
Expendlture
Pomianent Endowments
Land and buildings
1,457.655
1,457,655
{16,500)
{16.500)
1.441,155
1.441,165
The endowment fund ￿nSISts of land and buildings of £1.650,000 less depre¢iati¢n of £208,845 which are
owned by the subsidiary ¢haiity Muntham Hous8 Schocl Trust (charity number. 110508>1). The fair value of
the Freehold Land not depreciated is £330,CMXI. Durtng the period depreaation of the buildings amounted to
£16,500 (2023: £16,500).
20 Unrestrlcted funds
The unrestricted ￿ndS of the charity indude the following:
Movement In funds
Balance at 1
September
2023
Balance at 31
August 2024
Transfern
Inc(m•
Expenditure
General reserves
Designated funds
Fair value reserve
5.442,913
290,CMJJ
182.045
6.924.719
{6,686,273}
(90.000)
30,000
(30,000)
5.711,359
170,000
182.045
5.914,958
6.924,719
(6.776.273)
6.063.404
The Designated ￿ndS a￿ in respect of fvnds for a Post 16 class of £170,OCQ (2023: £260.C(Ll) and £nil (2023:
£30,000) in relation to historical abuse daims.
21 Share capital
The charity is a company limited by guarantee and has no share capital.
22 Commitinents under operatlng leases
At 31 August 2024 the school had total commitments payable under non-cancellable op8rating leases as
follows..
2024
2023
Wfchin one year
Within tsvo to fivé years
2.650
5,933
8.583
867

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
23 Analysts of net assets between fund$
Fund balances at 31 August 2024 are represented by:
Restricted
funds
Designated
funds
EndO￿l￿ent
Fund
Unrestrfcted
funds
2024
T¢>tal
Tangible fixed assets
Current assets
Creditors.. amounts fallirvJ
due within one year
1.441.155
3.948,238
2,460,212
{515,046)
5,389,393
2,696.387
1615.046)
66,175
170,00)
66,175
170,C(KJ
1.441.155
5.893.404
7,570,734
Fund balances at 31 August 2023 are represented by:
Restricted
lunds
Designated
funds
Endownent
Fund
Unrestricted
funds
2023
Total
Tangible fix&J assets
Current assets
Creditor5'. amounts fallirvJ
due within one year
1.457.655
3.972.581
2.353,436
(701.059)
5.430.236
2,673.207
(701,059)
29,771
290,0
29,771
290,OC(I
1,457,655
5,624,958
7,402,384
24 Related parti•$
During the year J Knightley (Ttustee during the period) was a Trustee of the William Belm8r Rush Foundation.
The Foundation awarded a grant of £24.629 to the school in 2024 (2023.. £24,778).
25 Contingent Liability
At the balance sheet date the school was involved in potential insurance matters concetning historical events.
where the outcome is uncertain and any potentia] liabilitl8s cannot be quantified.

MUNTHAM HOUSE SCHOOL
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
26 Statement of financial acliviiies comparative funds- period ended 31 August 2023
(17 months)
Total
Unrestrlcted Deslgnated
funds
funds
Restrleted Ende￿nent
funds
funds
2023
Income from:
Donation5
Inveslment inci)me
Charitable activi￿$
Total Incomo
6,959
41.656
48.615
33,563
9.386.760
9.467.938
8.817.598
8.858.120
568.162
609.818
Expenditure on:
Charitable activities
8 493.297
8 493.297
364,823
4fK),756
594 658
Total expenditure
Net Incomel(expenditure)
Gross transfer btheen fvnds
Gainlllossl ￿ defined benefft
pension schemes
Net movemenl in funds
594 658
16.500
{16,5Th))
15,160
4,244
383A83
{405,000)
238.0(Ki
238.0
1,(K)3.579
4 621.379
405.000
695.0
19,404
10.367
16,500
1,474,155
601.483
6 800 901
Fund balan￿ al 1 April 2022
Fund balances at 31 August
2023
5.624,958
2￿.000
29,771
1,457.655
7A02,384
Surplus attributable to school
617,983