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||`Page`|
|---|---|
|`ReferenceandadministrativedetailsoftheSchool,itsGovernorsandadvisers`|`1-2`|
|`Governors9report`|`3-19`|
|`Independentauditor'sreportonthefinancialstatements`|`20`<br>`-23`|
|`Statementoffinancialactivities`|`24`<br>`-25`|
|`Balancesheet`|`26`<br>`-27`|
|`Statementofcashflows`|`28`|
|`Notestothefinancialstatements`|`29`<br>`-52`|











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## **KING EDWARD'S SCHOOL, BATH** 

**(A company limited by guarantee)** 

## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF KING EDWARD'S SCHOOL, BATH (CONTINUED)** 

those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. 

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's report. 

## **Use of our report** 

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed. 


**Tara Westcott (Senior statutory auditor)** for and on behalf of 

## **Crowe U.K. LLP** 

Statutory Auditor Fourth Floor St James House St James Square Cheltenham GL50 3PR 

Date: 30 March 2026 

Page 23 



|||`KING`|`EDWARD'SSCHOOL,BATH`|`EDWARD'SSCHOOL,BATH`||||
|---|---|---|---|---|---|---|---|
|||`(Acompanylimitedbyguarantee)`||||||
|`STATEMENTOFFINANCIAL`||`ACTIVITIES`|`(INCORPORATINGINCOMEAND`|||`EXPENDITURE`|`ACCOUNT)`|
|||`FORTHE`|`YEARENDED31AUGUST`||`2025`|||
||||||||`Total`|
|||`Unrestricted`||`Restricted`<br>`Endowment`||`Total`|`funds`|
|||`funds`||`funds`<br>`funds`||`funds`|`2024`|
|||`2025`||`2025`|`2025`|`2025`|`Restated`|
||`Note`||`£`|`£`|`£`|`£`|`E`|
|`Incomefrom:`||||||||
|`Donationsand`||||||||
|`Legacies`|`4`|`-`||`131,618`|`-`|`131,618`|`192,349`|
|`Charitableactivities:`||||||||
|`Schoolfees`|`5`|`17,325,157`||`-`|`-`|`17,325,157`|`16,604,580`|
|`Othereducational`||||||||
|`income`|`6`|`1,165,739`||`-`|`-`|`1,165,739`|`1,265,285`|
|`Otherancillarytrading`||||||||
|`income`|`7`|`1,040,049`||`-`|`-`|`1,040,049`|`926,027`|
|`Non-ancillarytrading`||||||||
|`activities`||`90,029`||`-`|`-`|`90,029`|`75,095`|
|`Investments`|`9`|`238,014`||`-`|`-`|`238,014`|`136,015`|
|`Totalincomeand`||||||||
|`endowments`||`19,858,988`||`131,618`|`-`|`19,990,606`|`19,199,351`|
|`Expenditureon:`||||||||
|`Raisingfunds:`|`10,11`|||||||
|`Fundraisingcosts`||`174,293`||`-`|`-`|`174,293`|`131,521`|
|`Financingcosts`||`19,563`||`-`|`-`|`19,563`|`55,168`|
|`Charitableactivities:`|`12`|||||||
|`Educationand`||||||||
|`grantmaking`||`19,180,635`||`93,097`|`-`|`19,273,732`|`18,246,733`|
|`Totalexpenditure`||`19,374,491`||`93,097`|`-`|`19,467,588`|`18,433,422`|
|`Netincomebefore`||||||||
|`netgainson`||||||||
|`investments`||`484,497`||`38,521`|`-`|`523,018`|`765,929`|
|`Netgainson`||||||||
|`investments`|`17`|`60,669`||`-`|`-`|`60,669`|`145,454`|
|`Netincome`||`545,166`||`38,521`|`-`|`583,687`|`911,383`|
|`Transfersbetween`<br>`funds`|`26`|`85`||`(85)`|`-`|`-`|`.`|
|`Netmovementin`||||||||
|`funds`||`545,251`||`38,436`|`-`|`583,687`|`911,383`|
||||||||`Page24`|





|||`KINGEDWARD'SSCHOOL,BATH`|`KINGEDWARD'SSCHOOL,BATH`|`KINGEDWARD'SSCHOOL,BATH`|`KINGEDWARD'SSCHOOL,BATH`||||
|---|---|---|---|---|---|---|---|---|
|||`(Acompanylimitedbyguarantee)`|||||||
|`STATEMENTOFFINANCIAL`||`ACTIVITIES`||`(INCORPORATING`<br>`(CONTINUED)`|`INCOMEAND`||`EXPENDITURE`|`ACCOUNT)`|
|||`FORTHE`|`YEARENDED31AUGUST`|||`2025`|||
|||`Unrestricted`||<br>`Restricted`|`Endowment`||`Total`|`Total`|
|||`funds`||<br>`funds`|`funds`||`funds`|`funds`|
|||`2025`||<br>`2025`||`2025`|`2025`|`2024`|
||`Note`||`£`|<br>`£`||`£`|`£`|`£`|
|`Reconciliationof`|||||||||
|`funds:`|||||||||
|`Totalfundsbrought`|||||||||
|`forward`||`18,278,670`||<br>`269,656`|`2,054,307`||`20,602,633`|`19,691,250`|
|`Netmovementinfunds`||`545,251`||`38,436`||`-`|`583,687`|`911,383`|
|`Totalfundscarried`|||||||||
|`forward`|`26`|`18,823,921`||`308,092`|`2,054,307`||`21,186,320`|`20,602,633`|







||`Note`||`2025`<br>`£`||`2024`<br>`£`|
|---|---|---|---|---|---|
|`Fixedassets`||||||
|`Tangibleassets`|`16`||`24,928,933`||`22,272,864`|
|`Investments`|`17`||`1,803,053`||`1,696,645`|
||||`26,731,986`||`23,969,509`|
|`Currentassets`||||||
|`Stocks`|`18`|`-`||`3,424`||
|`Debtors`|`19`|`7,298,170`||`552,911`||
|`Cashatbankandinhand`||`4,388,975`||`7,276,994`||
|||`11,687,145`||`7,833,329`||
|`Currentliabilities`||||||
|`Creditors:amountsfallingduewithinone`<br>`year`|`20`|`=(11,569,144)`||`(6,049,034)`||
|`Netcurrentassets`|||`118,001`||`1,784,295`|
|`Totalassetslesscurrentliabilities`|||`26,849,987`||`25,753,804`|
|`Creditors:amountsfallingdueaftermore`<br>`thanoneyear`|`24`||`(5,663,667)`||`(5,111,171)`|
|`Provisionsforliabilities`|`24`||`-`||`(40,000)`|
|`Totalnetassets`|||`21,186,320`||`20,602,633`|









|`KINGEDWARD'SSCHOOL,BATH`|||||
|---|---|---|---|---|
|`(Acompanylimitedbyguarantee)`|||||
|`STATEMENTOFCASHFLOWS`|||||
|`FORTHEYEARENDED31AUGUST`|`2025`||||
||`Note`|`2025`<br>`£`|`2024`<br>`£`||
|`Cashflowsfromoperatingactivities`|||||
|`Netcashusedinoperatingactivities`|`29`|`(1,936,619)`|`9,028,924`||
|`Cashflowsfrom investingactivities`|||||
|`Dividends,interestsandrentsfrominvestments`||`46,274`|`50,709`||
|`Purchaseoftangiblefixedassets`||`(3,711,134)`|`(2,149,921)`||
|`Purchaseofinvestments`||`(45,739)`|`(48,461)`||
|`Netcashusedininvestingactivities`||`(3,710,599)`|`(2,147,673)`||
|`Cashflowsfromfinancingactivities`|||||
|`Cashinflowsfromnewborrowing`||`3,550,000`|`-`||
|`Repaymentsofborrowing`||`(771,238)`|`(177,215)`||
|`Bankloaninterestpaidandfinancecosts`||`(19,563)`|`(55,168)`||
|`Loanwithdrawn`||`.`|`50,000`||
|`Netcashprovidedby/(usedin)financingactivities`||`2,759,199`|`(182,383)`||
|`Changeincashandcashequivalentsintheyear`||`(2,888,019)`|`6,698,868`||
|`Cashandcashequivalentsatthebeginningoftheyear`||`7,276,994`|`578,126`||
|`Cashandcashequivalentsattheendoftheyear`|`30`|`4,388,975`|`7,276,994`||
|`Thenotesonpages29to52formpartofthesefinancialstatements`|||||
||||`Page`|`28`|





# 












|||`KING`|`KING`|`EDWARD'SSCHOOL,BATH`|`EDWARD'SSCHOOL,BATH`|`EDWARD'SSCHOOL,BATH`||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||`(A`|`company`||`limitedbyguarantee)`|||||||
||`NOTES`||`TOTHEFINANCIALSTATEMENTS`|||||||||
||`FOR`|`THE`||`YEAR`|`ENDED31AUGUST`||`2025`|||||
|`Criticalaccountingestimates`||`andareasofjudgement`||||||||||
|`Estimatesandjudgementsare`||`continuallyevaluatedand`||||`arebasedon`||`historicalexperienceandother`||||
|`factors,`<br>`including`|`expectations`||`of`|`future`|`events`<br>`that`<br>`are`<br>`believed`|||`to`|`be`|<br>`reasonable`|<br>`under`<br>`the`|
|`circumstances.`||||||||||||
|`Intheviewofthe`|`Governors,no`||`assumptionsconcerning`|||`thefutureor`||`estimationuncertaintyaffecting`||||
|`assetsorliabilities`|`atthebalance`||`sheetdate`||`arelikelytoresultin`||`amaterial`||`adjustmentsto`||`theircarrying`|
|`amountsinthenextfinancialyear.`||||||||||||
|`Incomefromdonationsandlegacies`||||||||||||
||||||||||`Restricted`||`Total`|
|||||||||||`funds`|`funds`|
|||||||||||`2025`|`2025`|
|||||||||||`£`|`£`|
|`DonationsandLegacies`||||||||||`131,618`|`131,618`|
|`Futurelegacyincomeof£141kis`|||`expectedfromlegaciesthathave`||||`been`|`notified`||`tothecharity.`||
|||||||||||`Restricted`|`Total`|
|||||||||||`funds`|`funds`|
|||||||||||`2024`|`2024`|
|||||||||||`£`|`£`|
|`DonationsandLegacies`||||||||||`192,349`|`192,349`|
|`Feesreceivable`||||||||||||
|`Incomerepresents`|`grossSchool`|`fees`||`invoiced,lessdiscountsandallowances:`||||||||
|||||||||||`2025`|`2024`|
|||||||||||`£`|`z`|
|`GrossSchoolfees`|||||||||`19,808,598`||`18,837,764`|
|`Less:Totalbursaries,grantsand`|||`allowances`||||||`(2,514,347)`||`(2,283,434)`|
||||||||||`17,294,251`||`16,554,330`|
|`Add:Bursariespaid`|`forusingrestrictedfunds`|||||||||`30,906`|`50,250`|
||||||||||`17,325,157`||`16,604,580`|
|`In2025and2024,ofthetotalincome`||||`fromSchoolfeesreceivableallwere`||||`unrestricted.`||||
||||||||||||`Page33`|






|||`2024`|
|---|---|---|
||`2025`|`Restated`|
||`£`|`£`|
|`Afterschoolclubsandschooltrips`|`652,063`|`826,480`|
|`Music,Lamdaandlearningsupport lessons`|`446,167`|`420,230`|
|`Otherincome`|`67,509`|`18,575`|
||`1,165,739`|`1,265,285`|
|`In2025and2024,ofthetotalincomefromOthereducational`|`incomeallwereunrestricted.`||
|`Otherancillarytradingincome`|||
||`2025`|`2024`|
||`£`|`£`|
|`Lunchcharges`|`831,222`|`778,706`|
|`Foodandcafesales`|`22,427`|`17,325`|
|`Feeprotectionscheme`|`28,668`|`24,431`|
|`Busandcoachserviceincome`|`157,732`|`105,565`|
||`1,040,049`|`926,027`|
|`In2025and2024,ofthetotalincomefromOtherancillarytradingincomeallwereunrestricted.`|||
|`Non-ancillarytradingincome`|||
||`2025`|`2024`|
||`£`|`£`|
|`Rentreceived`|`39,158`|`40,066`|
|`Otherincomingresources`|`50,871`|`35,029`|
||`90,029`|`75,095`|
|`In2025and2024,ofthetotalincomefromNon-ancillarytradingincomeallwereunrestricted.`|||





||`KINGEDWARD'SSCHOOL,BATH`|||
|---|---|---|---|
||`(Acompanylimitedbyguarantee)`|||
||`NOTESTOTHEFINANCIALSTATEMENTS`|||
||`FORTHEYEARENDED31AUGUST2025`|||
|`9.`|`Investmentincome`|||
|||`Unrestricted`|`Total`|
|||`funds`|`funds`|
|||`2025`|`2025`|
|||`£`|`£`|
||`Dividendsreceived`|`46,274`|`46,274`|
||`Interestreceived`|`191,740`|`191,740`|
|||`238,014`|`238,014`|
|||`Unrestricted`|`Total`|
|||`funds`|`funds`|
|||`2024`|`2024`|
|||`£`|`£`|
||`Dividendsreceived`|`50,709`|`50,709`|
||`Interestreceived`|`85,306`|`85,306`|
|||`136,015`|`136,015`|
|`10.`|`Expenditureonraisingfunds`|||
||`Fundraisingtradingexpenses`|||
|||`Unrestricted`|`Total`|
|||`funds`|`funds`|
|||`2025`|`2025`|
|||`£`|`£`|
||`Othercosts`|`44,062`|`44,062`|
||`Staffcosts`|`130,231`|`130,231`|
|||`174,293`|`174,293`|







## 





||||`Unrestricted`|`Restricted`||
|---|---|---|---|---|---|
||||`funds`|`funds`|`Total`|
||||`2025`|`2025`|`2025`|
||||`£`|`£`|`£`|
|`Teaching`|||`10,930,461`|`-`|`10,930,461`|
|`Welfare`|||`1,414,669`|`-`|`1,414,669`|
|`Premises`|||`2,822,926`|`-`|`2,822,926`|
|`Support`|`and`|`governance`|`4,012,579`|`93,097`|`4,105,676`|
||||`19,180,635`|`93,097`|`19,273,732`|
||||`Unrestricted`|`Restricted`||
||||`funds`|`funds`|`Total`|
||||`2024`|`2024`|`2024`|
||||`Restated`|`Restated`|`Restated`|
||||`£`|`£`|`£`|
|`Teaching`|||`10,898,038`|`-`|`10,898,038`|
|`Welfare`|||`1,417,026`|`-`|`1,417,026`|
|`Premises`|||`2,409,843`|`-`|`2,409,843`|
|`Support`|`and`|`governance`|`3,411,205`|`110,621`|`3,521,826`|
||||`18,136,112`|`110,621`|`18,246,733`|






|`12.`|`Analysisofexpenditureoncharitable`|`activities(continued)`||||
|---|---|---|---|---|---|
||`Summarybyexpendituretype`|||||
|||`Staffcosts`|`Depreciation`|`Othercosts`|`Total`|
|||`2025`|`2025`|`2025`|`2025`|
|||`£`|`£`|`£`|`£`|
||`Teaching`|`10,234,875`|`-`|`695,586`|`10,930,461`|
||`Welfare`|`848,889`|`-`|`565,780`|`1,414,669`|
||`Premises`|`373,365`|`1,116,917`|`1,332,644`|`2,822,926`|
||`Supportandgovernance`|`2,098,123`|`-`|`2,007,553`|`4,105,676`|
|||`13,555,252`|`1,116,917`|`4,601,563`|`19,273,732`|
|||`Staffcosts`|`Depreciation`|`Othercosts`|`Total`|
|||`2024`|`2024`|`2024`|`2024`|
|||`Restated`|`Restated`|`Restated`|`Restated`|
|||`£`|`£`|`£`|`£`|
||`Teaching`|`10,101,228`|`-`|`796,810`|`10,898,038`|
||`Welfare`|`864,772`|`-`|`552,254`|`1,417,026`|
||`Premises`|`260,291`|`1,021,122`|`1,128,430`|`2,409,843`|
||`Supportandgovernance`|`1,499,324`|`-`|`2,022,502`|`3,521,826`|
|||`12,725,615`|`1,021,122`|`4,499,996`|`18,246,733`|
|`13.`|`Auditor'sremuneration`|||||
|||||`2025`|`2024`|
|||||`£`|`£`|
||`FeespayabletotheSchool'sauditorand`|`itsassociatesforthe`|`auditofthe`|||
||`School'sannualaccounts`|||`21,000`|`20,000`|
||`FeespayabletotheSchool'sauditorand`|`itsassociatesinrespectof:`||||
||`Otherservices`|||`2,400`|`2,300`|








|||`KING`|`KING`|`EDWARD'SSCHOOL,BATH`|`EDWARD'SSCHOOL,BATH`|`EDWARD'SSCHOOL,BATH`||||
|---|---|---|---|---|---|---|---|---|---|
|||`(Acompanylimitedbyguarantee)`||||||||
|||`NOTESTO`||`THEFINANCIALSTATEMENTS`||||||
|||`FORTHE`||`YEARENDED31AUGUST`|||`2025`|||
|`15.`|`Governorremunerationandexpenses`|||||||||
||`Duringtheyear,noGovernorsreceived`||||`anyremunerationorother`||`benefits(2024- £Nil).`|||
||`Duringtheyearended31August2025,`||||`expensestotalling£1,485wereincurredcovering`||||`costsrelatedto`|
||`Governoractivitiesand`|`nonewere`|`reimbursedorpaiddirectly(2024`<br>`-£1,631,nonereimbursedorpaid`|||||||
||`directly).Expensesrelatedtoa `<br>`gift,`||`trainingandinterviewingexpenses.`|||||||
|`16.`|`Tangiblefixedassets`|||||||||
|||||||||`Assets`||
|||`Freehold`|||`School`|`Fixtures`|`Motor`|`under`||
|||`properties`||`equipment`||`andfittings`|`vehiclesconstruction`||<br>`Total`|
||||`£`|||`£`|`£`|`£`|<br>`£`|
||`Cost`|||||||||
||`At`<br>`1September2024`|`26,552,503`|||`1,386,016`|`1,744,793`|`280,724`|`1,151,939`|<br>`31,115,975`|
||`Additions`|`34,576`|||`202,814`|`-`|`4,875`|`3,530,721`|`3,772,986`|
||`Disposals`|`-`|||`(143,411)`|`(46,770)`<br>`(129,545)`||`-`|`(319,726)`|
||`At 31August2025`|`26,587,079`|||`1,445,419`|`1,698,023`|`156,054`|`4,682,660`|<br>`34,569,235`|
||`Depreciation`|||||||||
||`At`<br>`1September2024`|`6,766,173`|||`887,598`|`972,543`|`216,797`|`-`|`8,843,111`|
||`Chargefortheyear`|`667,963`|||`270,163`|`164,172`|`14,619`|`-`|`1,116,917`|
||`Ondisposals`|`-`|||`(143,411)`|`(46,770)`<br>`(129,545)`||`-`|`(319,726)`|
||`At 31August2025`|`7,434,136`|||`1,014,350`|`1,089,945`|`101,871`|`-`|`9,640,302`|
||`Netbookvalue`|||||||||
||`At31August2025`|`19,152,943`|||`431,069`|`608,078`|`54,183`|`4,682,660`|<br>`24,928,933`|
||`At31August2024`|`19,786,330`|||`498,418`|`772,250`|`63,927`|`1,151,939`|<br>`22,272,864`|











|||`KINGEDWARD'SSCHOOL,BATH`||||
|---|---|---|---|---|---|
|||`(Acompanylimitedbyguarantee)`||||
|||`NOTESTOTHEFINANCIALSTATEMENTS`||||
|||`FORTHEYEARENDED31AUGUST2025`||||
|`21.`|`Creditors:Amountsfallingdueaftermorethanoneyear`|||||
|||`2025`|||`2024`|
||||`£`||`£`|
||`Bankloans`|`3,196,606`||`594,023`||
||`Feesreceivedinadvance`|<br>`2,467,061`||`4,517,148`||
|||`5,663,667`||`5,111,171`||
||`Includedwithintheabove`|`areamountsfallingdueasfollows:`||||
|||`2025`|||`2024`|
||||`£`||`£`|
||`Betweenoneandtwo years`|||||
||`Bankloans`|`471,192`||`177,215`||
||`Betweentwoandfiveyears`|||||
||`Bankloans`|`1,413,576`||`416,808`||
||`Bankloans`|`1,311,838`|||`=`|
|`22.`|`Feesinadvance`|||||
||`Parentsmay,subjectto`|`contractualtermsandconditions,paytotheSchooltuitionfees`|`in`|`advance.`|`The`|
||`moneymaybereturned,`|`subjecttospecificconditionsbut,assumingtherelevantpupils`||`remain`|`inthe`|
||`School,advancefeeswill`|`beappliedasfollows:`||||
|||`2025`|||`2024`|
||||`£`||`£`|
||`Within`<br>`1year`|`2,726,684`||`4,283,419`||
||`Within2-5years`|`2,467,061`||`4,517,148`||
|||`5,193,745`||`8,800,567`||













|`26.`|`Statementoffunds`||`(continued)`||||||
|---|---|---|---|---|---|---|---|---|
||`Statementoffunds`|`-prioryear`|||||||
||||`Balanceat`|||||`Balanceat`|
||`1`|`September`||`Asrestated`|`Asrestated`|`Transfers`|`Gains;`|`31August`|
||||`2023`|`Income`|`Expenditure`|`in/out`|`(Losses)`|`2024`|
||||`£`|`£`|`£`|`£`|`£`|`£`|
||`Unrestricted`||||||||
||`funds`||||||||
||`General`|`17,434,015`||`18,612,934`|`(17,928,733)`|`15,000`|`145,454`|`18,278,670`|
||`Endowment`||||||||
||`funds`||||||||
||`Endowment`||||||||
||`Fund`<br>`-`||||||||
||`Permanent`||`1,845,977`|`-`|`-`|`-`|`-`|`1,845,977`|
||`Endowment`||||||||
||`Fund`<br>`-`||||||||
||`Expendable`||`208,330`|`-`|`-`|`-`|`-`|`208,330`|
||||`2,054,307`|`-`|`-`|`-`|`-`|`2,054,307`|
||`Restricted`||||||||
||`funds`||||||||
||`Prizefund`||`124,005`|`69`|`(4,388)`|`-`|`-`|`119,686`|
||`Bursaryfund`||`16,275`|`124,311`|`(50,250)`|`(27)`|`-`|`90,309`|
||`TheParents9`||||||||
||`Committee`||`19,816`|`33,585`|`(36,878)`|`(3,729)`|`-`|`12,794`|
||`HockeyFestival`||`16,802`|`3,685`|`(2,469)`|`(11,271)`|`-`|`6,747`|
||`Otherfunds`||`26,030`|`30,699`|`(16,636)`|`27`|`-`|`40,120`|
||||`202,928`|`192,349`|`(110,621)`|`(15,000)`|`-`|`269,656`|
||`Totaloffunds`|`19,691,250`||`18,805,283`|`(18,039,354)`|`-`|`145,454`|`20,602,633`|
|||||||||`Page46`|





|||`KINGEDWARD'SSCHOOL,BATH`|`KINGEDWARD'SSCHOOL,BATH`|`KINGEDWARD'SSCHOOL,BATH`|`KINGEDWARD'SSCHOOL,BATH`|`KINGEDWARD'SSCHOOL,BATH`||||
|---|---|---|---|---|---|---|---|---|---|
|||`(A`|`company`|`limitedbyguarantee)`||||||
|||`NOTES`|`TOTHEFINANCIALSTATEMENTS`|||||||
|||`FORTHEYEAR`||`ENDED31AUGUST`|||`2025`|||
|`27.`|`Summaryoffunds`|||||||||
||`Summaryoffunds- currentyear`|||||||||
|||`Balanceat1 `|||||||`Balanceat`|
|||`September`||||`Transfers`||`Gains/`|`31August`|
|||`2024`|`Income`||`Expenditure`||`in/out`|`(Losses)`|`2025`|
|||`£`||`£`|`£`||`£`|`£`|`£`|
||`Generalfunds`|`18,278,670`|`19,858,988`||`(19,374,491)`||`85`|`60,669`|`18,823,921`|
||`Endowment`|||||||||
||`funds`|`2,054,307`|`-`||`-`||`-`|`-`|`2,054,307`|
||`Restrictedfunds`|`269,656`|`131,618`||`(93,097)`||`(85)`|`-`|`308,092`|
|||`20,602,633`|`19,990,606`||`(19,467,588)`||`-`|`60,669`|`21,186,320`|
||`Summaryoffunds- prioryear`|||||||||
|||`Balanceat`|||||||`Balanceat`|
|||`1September`|`Asrestated`||`Asrestated`|`Transfers`||`Gains/`|`37August`|
|||`2023`|`Income`||`Expenditure`||`in/out`|`(Losses)`|`2024`|
|||`£`||`£`|`£`||`£`|`£`|`£`|
||`Generalfunds`|`17,434,015`|`18,612,934`||`(17,928,733)`||`15,000`|`145,454`|`18,278,670`|
||`Endowment`|||||||||
||`funds`|`2,054,307`|`-`||`-`||`-`|`-`|`2,054,307`|
||`Restrictedfunds`|`202,928`|`192,349`||`(110,621)`||`(15,000)`|`-`|`269,656`|
|||`19,691,250`|`18,805,283`||`(18,039,354)`||`-`|`145,454`|`20,602,633`|






|`28.`|`Analysisofnetassetsbetweenfunds`|||||
|---|---|---|---|---|---|
||`Analysisofnetassetsbetweenfunds`|`-currentyear`||||
|||`Unrestricted`|`Restricted`|`Endowment`|`Total`|
|||`funds`|`funds`|`funds`|`funds`|
|||`2025`|`2025`|`2025`|`2025`|
|||`£`|`£`|`£`|`£`|
||`Tangiblefixedassets`|`22,874,626`|`-`|`2,054,307`|`24,928,933`|
||`Fixed assetinvestments`|`1,803,053`|`-`|`-`|`1,803,053`|
||`Currentassets`|`11,379,053`|`308,092`|`-`|`11,687,145`|
||`Creditors duewithinoneyear`|`(11,569,144)`|`-`|`-`|`(11,569,144)`|
||`Creditorsdueinmorethanoneyear`|`(5,663,667)`|`-`|`-`|`(5,663,667)`|
||`Total`|`18,823,921`|`308,092`|`2,054,307`|`21,186,320`|
||`Analysisofnetassetsbetweenfunds- `|`prioryear`||||
|||`Unrestricted`|`Restricted`|`Endowment`|`Total`|
|||`funds`|`funds`|`funds`|`funds`|
|||`2024`|`2024`|`2024`|`2024`|
|||`£`|`£`|`£`|`£`|
||`Tangiblefixedassets`|`20,218,557`|`-`|`2,054,307`|`22,272,864`|
||`Fixed assetinvestments`|`1,696,645`|`-`|`-`|`1,696,645`|
||`Currentassets`|`7,563,673`|`269,656`|`-`|`7,833,329`|
||`Creditorsduewithinoneyear`|`(6,049,034)`|`-`|`-`|`(6,049,034)`|
||`Creditorsdueinmorethanoneyear`|`(5,111,177)`|`-`|`-`|`(5,111,171)`|
||`Provisionsforliabilitiesandcharges`|`(40,000)`|`-`|`-`|`(40,000)`|
||`Total`|`18,278,670`|`269,656`|`2,054,307`|`20,602,633`|





|||`KINGEDWARD'SSCHOOL,BATH`|`KINGEDWARD'SSCHOOL,BATH`|`KINGEDWARD'SSCHOOL,BATH`|||
|---|---|---|---|---|---|---|
|||`(Acompanylimitedbyguarantee)`|||||
|||`NOTESTOTHEFINANCIALSTATEMENTS`|||||
|||`FORTHEYEARENDED31AUGUST2025`|||||
|`29.`|`Reconciliationofnet`|`movementinfundstonetcashflowfromoperating`|||`activities`||
||||||`2025`|`2024`|
||||||`£`|`£`|
||`Netincomefortheyear`|`(asperStatementofFinancialActivities)`|||`583,687`|`911,383`|
||`Adjustmentsfor:`||||||
||`Depreciationcharges`||||`1,116,917`|`1,021,122`|
||`Gainsoninvestments`||||`(60,669)`|`(145,454)`|
||`Dividends,interestsandrentsfrominvestments`||||`(46,274)`|`(50,709)`|
||`Decreaseinstocks`||||`3,424`|`364`|
||`Decrease/(increase)in`|`debtors`|||`(6,745,259)`|`149,449`|
||`Increaseincreditors`||||`3,231,992`|`7,087,601`|
||`Financecosts`||||`19,563`|`55,168`|
||`Provisionsforliabilities`||||`(40,000)`|`:`|
||`Netcash(usedin)/providedbyoperatingactivities`||||`(1,936,619)`|`9,028,924`|
|`30.`|`Analysisofcashand`|`cashequivalents`|||||
||||||`2025`|`2024`|
||||||`£`|`£`|
||`Cashinhand`||||`4,388,975`|`7,276,994`|
||`Totalcashandcashequivalents`||||`4,388,975`|`7,276,994`|
|`31.`|`Analysisofchangesinnetdebt`||||||
||||||`Othernon-`||
||||`September`||`cash`|`At31`|
|||||`Cashflows`|`changes`|`August2025`|
|||||`£`|`£`|`£`|
||`Cashatbankandinhand`||`7,276,994`|`(2,888,019)`|`-`|`4,388,975`|
||`Debtduewithin`<br>`1year`||`(177,215)`|`(2,778,762)`|`2,602,583`|`(353,394)`|
||`Debtdueafter1 year`||`(594,023)`|`-`|`(2,602,583)`|`(3,196,606)`|
||||`6,505,756`|`(5,666,781)`||`838,975`|