Solihull School (A Comp&Dy Limited by Guarantee) CONSOLIDATED ANNUAL REPORT AND FINANCIAL STATEMEwrs FOR THE YEAR ENDED 31 AUGUST 2025 ** ** SOLIHULL Company Nu￿ber.. 06337650 Registered Charity Number: 1120597 SOLIHULL SCHOOL GOVERNORS AND GENERAL INFORMATION GOVERNORS Mr D J Kelly BA IChairn18n) (Chair, Strategy, Finance & Prefftises Committee) {Vice Chairnian) Mr l Ralph Bsc ACA Mr A J Burtenshaw MBChB MRCP FRCA Mr J A D Dttlby Bsc MiUCS Mrs H Ellis BA PGCE nr H M Cjay R8c PhD Mr l Green MTS S J Haslam BA (Hon5) PGCB Mr5 J A Hetherington Bcom {Accl FCA Dr A S Houghton MB BS MRCS LRCP MT N R Hurrell BA Mrs C D McNidder Bsc Mrs F E M de Minckwitz MF PG Newby Bsc FRICS MCI. Arb Rev R N Parker BA PGCE CTM Mr C M Pullen MBA Prof S P Sii)gh MBBS MD MRCP5ych DM Mrs G E Tillman Bsc (Chair Education CO￿￿1ttee) {Retired 31 necemF>er 2024) (Retired 2 October 2024) (Retired 31 December 2024) (Chair External Relation5 Committee) (Chair Hunan Resources Committ¢e) (Chair Pastoral ¢k Safegwding Committee) BURSAR AND CLERK TO THB GOVERNORS Mr R Bate MA ACM EXECUTIVE HEADMASTER Mr. C B Fillingh&tn MA Msc Ioxon) COMPANY NUMBER 6337650 REGISTERED CHARITY NUMBER 1120597 REGisfERED OFFICE OF THE SCH(KJL AND SUBSIDIARIES 793 Warwick Road SoIihull West MTdland5 B913DJ Tel.. 0121705 0958 PagE J SOLIHULL SCHOOL GOVERJNORS AND GENERAL INFORMATION AUDITORS RSM UK Audit LLP Rivermead House 7 Lewis Court Grove Park L¢i¢ester LE19 ISD BANKERS Lloyds Bank plc Solihull Business Centre 355 Straiford Road Shirley Solihull Wesi Midlands 890 3BW INVESTMENT MANAGERS RBC Brewin Dolphin Limited 9, Colmore Row Birmingham West Midlands B3 2BJ SOLICITORS Standley & Co 1612,HighStre Knowle Solihull West Midlands B93 OJU V¢ale Wasbrough Vizards LLP Narrow Quay House Narrow Quay Bristol BSI 4QA PROPERTY CONSULTANTS AND SiIRVEYORS Carters Surveyors Limited 4 Albany Road Harbome Blrnilngham B179JX Nigel Gough Associates Newliall Court George Street Birniingham B3 IQA ACTUARIAL ADVISORS Barnrtt Waddingham Actuaries and Consultants Litnited 2 London Wall Pla¢e London EC?V SAU Page 2 SOLIHULL SCHOOL GOVERNORS. REPORT- INCLUDING STRATEGIC REPORT The Governors presenttheiy RepoJL in¢lud*ngihe Strategic Report, forthe yearended 31 August 2025 under the Companies Act 2006 and the ChaTities Aet 2011, together with the audited Financial Statements for tlie year and confiTrn that these Comply with the requiTemenT5 of the Companies Act 2006, the Company, Memorandum and Article5 of Association and tlie Charities SORP (FRS 102). The Report ￿]d Financial Statements cover the activtties of Solihull School ('the Compony,), and its subsidkarse5 Solihull School Enterprises Limited and Solihull Day Care Limited, together known as the Group. MAJOR DEVELOPMEFor On 2 September 2024, the CoEnpany purchased the remaining 50% of the shares of Solihull Day Care Limited (previously knowt] as Day Care at Saint Martin5 Limited) having previously owned a 50% investrnent. The Company &85umed conlrol over the entity from thi5 date, at which point kt has b¢en classified a5 a 5ub5idiary and its results wdnetassets consolidated in the Solihull khool reportand financial statements. REFERENCE AND ADm￿lSTRATIvE JNFORMATION The Company wa5 iRCOTporated on 8 August 2007 and is registered in England and Wales under coTnp8ny numbEr 06337650. It 15 ￿￿0 a Charity, re8lStered with the Charity Comrni55ion UFLdEr cliarity Thurnber 1120597. Th¢ Governors, who are also directors of the Company. are Sisted 01) P8ge l. Offi¢era* principal addresses and profe55ional adviser5 ar¢ listed on pages l and 2. STRUCTURE, GOVERNANCE AND MANAGEMENr GDverts5ttg Docttmellt Th¢ Memordndurn and Anlc1¢5 of A550Cla￿On as approved on 16 D￿emtser 2019. Goverlllng Body The Gov¢rning Body consists of not less than 5 and not mor¢ than 20 individtMis COrnPTising'. A gov¢mor n(mJinated by the Rector andChurchwarden5 of St Alpheg¢ Church Solihull. Up to ningteen co-optrd governors appointed. by the resolution of the Governor5. Governors ￿p￿]nted for a term of 3 years. Organisatlon41 MAnagemeDt All IiJembeTS of the Governing Body are directors 2nd trustee5 of the Charity. Meetings of the Governing Body are held fourtime5 peryear and at least (Trnce each tem. A Strategy, FiTLanv and Premise5 ComrnittcB 15 empowered to take d¢cision5 as nece55ary though the day to day management of the School is vested in the Headmtser and the school leadership teaTn. Decision5 made by the Strate&v, Fin￿]ce and Prerni5es Committee are TerK)ned to, and ratified by, the Main Board who are responsible for the strategic direction of the School's affairs. A Human Resource5 Committe4 an Education Co]nmitt¢4 an Externa] Relations Committee and a P￿toral and s￿egu￿dlng Committee report directly to the Main Board. The Board h&8 also set up Property and I￿Vest[S)£￿t Sub£oEnmittees, reporting through the Strategy, FinE￿Ce and Prerni5es Conjmittee, to ensure thesafe and effective manaEementofthe Charity's invesitllent properties and financial inveslmenis respectively. Whil8t all m¢mbct5 ofthc GovcmingBody havc Goll¢¥tivc rcspgn3xbility foraUth¢ mattcrt rG3crvcdtothcrn. the Board considers it appropriate to designate individual govemors to specifically ov¢r5ee matters concerning Safeguarding & Child Protection, Special Educational Needs 2nd Disabilities (SEND) End Hvalth & Safety. All inembers of the Goveming Body receive report5, TllE5entstio￿5 and appropriate traitting in ord¢r to ullderstand and fulfil their obligations in these areas whilst the de51gnated governors meet mor6 regularly with the relevant senior executives at the School. receive more advanced training and report back to the Governing Body as a whole. Page 3 SOLIHULL SCHOOL GOVERNORS, REPORT- INCLUDING STRATEGIC REPORT CovernorRecruitrn¢nt. thduction and TrAIDlllg A Nominations Committee, cornpri5ing the Chairnsan of the Board and metnbers of the Str*egy, Finance and Premi5¢s ComTnittee c(￿rdinate the seasch for prospective governors. rhe PriDcip8J function of the Committee is to identify the skills reqUire￿ent and likely succession requiretnents. Before any election5 prospective govemors are iThteTviewed in ordeT to establisli eligibility. all necessary regulatory and simtiar eompliance requirements are s&tisfie(L the likely ¢oTnmiiment is understood and could be discharged, atKI theirbackground is such that they a￿ likely to bring a positive Gontributionto the deliberations ofthe Board. All new governors rtteive a ￿pY of the Solihull School Governor5, Handbook. which is a guidE to the Slructhre and mryement of the Scbool and the kny responsibilities of the truste&s. New rnember5 also receive: A copy of the CoTrstilutional Do¢uments, Guidelines forGovernors published by theASs0¢i￿Itsn of Governing Bodies of Independent S¢liools IAGBIS), A copy of the latesi Financial Statemgnts and other School publications, ch￿lty Commission publication 'The E55ential Tr￿te¢.. What you need to know '(Reference CC3 Teissued May 2018). The core induction prograu]me 15 iuppl¢mented by fijrther tailored inducti¢)n TeflectinE the parricular knowledge. skills and expeTience of each individud to include School Specific training from AGBIS and the school. Govemon are required to attend 5pecifJ¢ school training from AGBIS and en¢ouraged to attend relevant training Cour5￿ 5etninars organised by other organisations. Exten￿1 experts ort ￿levant topics are also invited to speak at meetings of the BoaTd fix)rn time to time whilst relevant publications and articles on topical Matte￿ appearing in the educational rnedia are circulated to all Governors. Pay policy for sellior stsff The GovernoTS wnsider that the school leadership team comprise the key management per.%onnel tsf the charity and that they are in charge of directing and Controlling, ru￿51n8 and operating the School on a day to day basis. All govemors grive their time freely and no governor received remuneration in the year. Detai15 of governi)rs' expenses and related paty tran5a¢tions are disclosed in note 4 to the financial Stsiements. The pay of the senior 5t8ff is reviewed annually and benchmarked 4ainst Televant comparators and perfonnonce consideTatioDS. In view of the nature of the Charity. the Governors benchmark against pay levels in other independent sehools ofasimilar size. The Govemors set the level of pay for the Head￿aSter, Bursar, Head of the SenÈor School and Head of the Preparatory School and the Heathnaster ai]d the Bursar set Ihe pay for Ihe res1 tsf ihe school leadership team widiin the overajl pay settlement parametBfS approved by the Board. Page 4 SOLIHULL SCHOOL GOVERNORS. REPORT- tNCLUDING STRATEGIC REPORT STRATEGIC REPORT OBJECTS. OBJECTIVES AND BUSINESS REVIEW ChaTitsble Object¥ The object$ of the Charity set OLIt in the Memorandum ofA5sociation and are to advance education by t]JaintaTning independent day scliool foT170ys and girls in Solihull wlych shall liave a religious character in accordance with the tenets of the Cliurch of England and PToMde a liberdl education. Within thE objecL% the Chtirity protnotes the advancement of ed￿￿tion and religion by [[￿king donthons and offering other support to local ￿￿ints1ned primary schools And parish ¢hurches. Alms & ObJectives The aims values of Solihull School are SUTnmatis¢d under three themes.. Ambition. Opportunity and Community. Ambition Staff and pupils are ambitious and seek ￿ maximise porential in one anoiher. We aim to engender an enduring thirst for leaTrin8 and a sense of well-being, and all me]nber5 of the school community aFe ¢ncouTaged io extend themselves beyond th¢ir i1￿MedIate interests and perceived capabilÉties. Doing otte's besi is uppermost and perseverance is very important in achieving our s￿5. Refiection is ongoing and the genuine belief that we can all be better driv¢s us on. Opportunity We aim to provide breadth of opportunity and inspi]r depth of achievemenL Leaming takes place in attd out of the C1￿8r0D￿, 2t hotne and abroad, and slaft aud pupils are en¢ourdged to balance OV￿ 450 yeats of tradition with innovation and creativity. New opportunities are welcomed and embraced and all are encouraged to take risks and learn from failure. The curriculum and co-curriculum are of equal importance and learningfor learning's5ake is apriority. kntelligence take5 tnallyforjns aDdthe acquisitio￿ olexperience. knowledge 2nd skills, whether academic or not 2nd whether tested or not. is very impoTtsnt. Education is holistic and tndependenl thought. exploration and are essential. Community Christian in our Foundation. we welcome pupi15 of 8]1 faiths and Done it)to a supportive and ¢aring envirollment. We aim to prepare them for adult lifr &% happy, charitable. ¢tsrtfident and inielli8enl people and all come to underst&nd the value of a strong moral compass and global perspective. Pupils leam the importance of winning with humility and losing with dignity, and individuality and inclusivity permeate all areas of school life. Leadership skills are uncovered and developed and pupi15 lead with pride, compa5SiOn and integrity. Happiness and success are recognised as inextricably linked and a]1 m¢mbers of the School mmunity are jointly responsible for pastoral care. Looking beyond the school gates all fonner PLipiIs belong to a life-IDng community regwdles5 Of distsnee or the passag¢ of titlle and are aciively encouraged to remain engftged with Ibe ￿h0o1 foreveT. Our Values The Alms and values of Solihull School are slwed across our TWO campuses for pupils aged 3 to 18 years. Whi15t we sornetimes tailor the language to suit the ag¢ grtsu￿ the value5 or¢ unchanging and they are embraced by all. Page S SOLIHULL SCHOOL GOVERNORS, REPORT- INcLUD￿G STRATEGIC REPORT OBJECTS, OBJECTJVES AND BUSJNESS REVIEW (continu￿) Results Aehievemellts A sumrnary of results and achievements are provided below. Pupil Number5. Atthe end of th¢ Summer Terni 2025 ther¢ were 1,565 pupi15 (2024: 1,541) at the School. Public Eyaminatlon Results èium]ner ZV25. Once again, the School's result5 weTe very stron& At A Level, 85 /0 of grade5 We￿ atA*IA orB, o* which 590/owere atA*IA. 55 ofthe 148 candidates were aW￿ded at le&si 3 A*IA grade Of those leaving the Upper Sixth in 2025, 940A of pupils secLEred plaees at their chosen university in a wide range of subjects. Sever&1 pupils secLtred places accountslley training prosTafftmes combining work experience with obtaining a degree in accounting and finance. Six candidates with conditional offers for Oxbridge entrance achieved the required grade5 and have taken up their pl￿e8 and eleven ￿tdateS were aGCePtcd on M¢diGin¢ EoursCS. The A Level results confirmed that the school placed tn the top IO% of all schools for value added pr(}B￿$s during the pupils, two yea15 Df A Level study. At GCSE, 79°h of all grades wer¢ at 9-7 aTtd 60Vo w¢re at 9-8. 98 of the 148 caTKlidates achieved 8 grades of 9-7, with 62 of these achieving 8 Or more gAde5 of 9-8. 1 I pupils aehieved 10 or Thore grade 9s. The* result8 pIAted the Yhnol in the t(Ip 1% for valuevadded progre￿ dllrin8 the pupils five years of stlldy leading up to the GCSE exarAinations. Other Ae4demie Aehft¢veJnents. Pupi15 Pwticipated ID a wid¢ range of other acadwnic activities. In the Lower Fifth Biology Chauenge competition. PUPLIS were awarded 5 go]￿ 16 silver and 20 b]unz¢ awards with a fiuther 36 highly ¢ommended and 18 commended results. In the Lower Sixth IntemiediatE Biology Challengo pupils wert awarded 4 gold, 8 silver &nd l O bronze awards with & fijrther 3 highly commended and 6 coMm￿lded. Over 18,000 students from over 1,000 schools worldivide took pan in the Royaj Society of Biolo￿,9 Biology Olympiad. Our Upper Sixth pupils wer¢ awarded 2 Silver and 6 bronze awards with a fi>rther 3 students highly commended and 8 Commended. One pupil was awarded second place in tbe Warwick Group Biological Essay competitson. In the aTmual Chemi5ty OlympiaiL pupils were awarded I gol¢L 6 sllver and I bJDnze rtjedals whilst in the Cambridge Chem25try Challenge. pupils achieved 8 gold, 6 silver gnd 10 copper medals. In the PhysÈGS ChallengE. pupIls in the Sixth Fonn were awarded 5 gold, 17 silwer and 24 bronze medals. Pupils also took P8rt in online and written Phystcs Cha]leng¢5 for pupils in ihe Middle SchooL achieving 8 gold, 34 silver arLd 49 bronu award3. In ihe Junior Maths Challenge. 222 pupi18 were awarded gold. silver or bronze certiflcatss, with a record nutnber of gold certiflcates. 26 pupils successfidly sat the MO￿ chthlenging Junior Maths Olympiad. tn the Intermediate Maths Challenge. 100 pupils were awarded gold. silverot bronze certificates. 17 pupi5s s&t the follow-on rounl the Ii?termediate Maths Olympiad. In the Senior Maths Challenge 140 pupils were awarded gold, silver or bronze certificates whilst in Round l of the British Matlis Olympiad. I pupil received a distin￿10￿ and 2 were awarded merits. Maths Enrichment Clubs including Pi Club alld Olympiad Club. continue to thrive and are well attended. Pi Ddy was Celebrated with the bakillg of maths themed cakes. Page 6 SOLIFtULL SCHOOL GOVERNORS, REPORT- NCLUDING STRATEGIC REPORT OBJECTS. OBJECTIVES AND BUStNESS REVIEW (Continued) Tlie Lower Sixth Bngineering (Indiiytrial C)dets) students cornpleted ttvo projecls overthe year. One group, mentored by ernployees of Dennis Eagle Limited. prepared designs and a scale model of & device called packer pin press. & system designed to streamline the 2s5ernbly and safety features of the hopper on attuck. The second team completed an indepEndent project to design and build a satelliie navig&tion system for a rnotorey¢le rider. Bothprojectswere highly comtnended by the 2s5¢5smentt¢amwsthvery positive feedbatk in temis of team cooperation of s￿dents during the presentation, the qualiry of ihe design and build of the main project practi¢al work and the detail includ¢d in their final written report. All I I students were 5U¢¢¢5sful in achioving the Industrial Cadets Gold Level Awar In English. the school's Poet L8ureate w85 Cotntnissioned ihroughout the year to write poems io mark key moments ID the school'5 calendaT. UndeT the department's leaQ record results for LAMDA public speaking were achieved with 21 pupi15 award¢d Distinctions at the Gold award and 14 pupils awarded Thstinctions at tbe Brollze award. In Larwages, trips and exchange5 took place in Spain, Germany and France. Pupils entered the Routes into L￿gUages bpelling Bee in Spanish and P"renchand the I ranslation ljee competitions in P"ren¢h, iiemi8tJ and Spanish. There were a TturnbeT of notable succes5e5, Wlth a pupil fron] the Third Fomi COTning second in the National Final at Cambridge University and a Fourth FoTrn pupil also reaching the Fin¥1 of the GenDan Translatioii Bee at The same venue. The highlight ofthe year undoubtedly the Festival of Languages in March. It drew a great de￿ of praise for attendees and w&% lit up by ihe contributiotjs of both of our pupils and a ftLimber of fascinating Participants. In Politics, pupi15 Vlslted Soliliu]I Council Chamber to take part in a Question Time event, asking questions of the rnayor and other metnbers of the council whilst in January. pupils Visited Parliament and Downing Stree4 followed by a tour of Parliameni and a Q&A session with Saqib Bhatti. MP for Solihull East and Meriden. The 5chool'5 Model United Nation5 team represented Australi4 and one pupil was ¢ottllnended for their contribution to the debate5. During the year pupils wntributed to n¢Jrn¢rous i5su¢s of 'Marginal Oain5' a pupil produced politlcs publication. Pupils studying EconoTnics and Business entered anumber of national essay competitions with one pups1 obtaining a merit award in the John Locke Essay Competition from the University of Oxftsrd. At I1+ 17 Prep School pupilswereoffered academicscholaTyhips orexhibition awards tothe Seniorschool. Co-ourricular scholarships w¢re offered to Prep School pupils in Art (l). Mustc (IX PerfortDing Atts (2) and Sport (3). Co-currieular Aclivitie$. All of our pupils are provided with a wide range ofopportunities and eliallenges through the co-cuNicular prowme. These include academic enrichmeni including debatin& as well a5 Tn￿%1¢. draTll4 dance, 5po¢ outdoor activitÈeS, V15iting other counknES and community service. We aim to provide a5 varied a life beyond lesson5 as we cftn. so that our pupils not only hav¢ the pleasure ot activity when they are young but aIso find and develop skills and inteTests which will form part of their adult lives. A number of trips and residential visits were orgttiised for pupils of all Ag¢5 to support Ix)th the CUlTiculum and co-curyicular activities. The School also uses the mountatn cottage in SnowdonÉ4 providin8 a venue for ourdoor education eclÈvities and academic study retreats. The School a150 hosts visitor5 from overseas. Itt deb6tin& the School etrtered multiple teams in tnany cornpetitions. In the English Speakkng Union (ESI GOTllpGtitiory school Icam3 rcachcd r¢gional final roLmds and Gompctcd in thc Intcmational Comp¢titi4m for young debatus. Page 7 SOLtHULL SCHOOL GOVERNORS, REPORT- INCLUDING STBATEGIC REPORT OBJECTS, OBJEcfivES AND Bus￿ESs REVIEW (ctiJrtinued) Participation in the D￿ke of Edinburgh award scheme remains popular. 33 gold. 42 silver and 96 bronze medals Were awarded during the year with a number of fvrther awards ongoing and nearing completion at the start of the new s¢hool year. Gold award expeditions took place in Snowdonia the Lake District. Throughtsut the year pupils from the Third FoTh to the Upper Sixth continued to take on the challenge of C￿CurIcular ath¥ng1¢s50ns and io lake both RADA Shakespeare and Trinity solo and pair exams. Drama perfomianees were plentiful. Theye8r started with the Middle School and UpFr School perfonming BloodBioihers fftlay Vgrsion). In February, a wt. crew and baR4 totallipg over l(K) pupils, perfomjed the usicaL Guys fmdDolls io four sell out audiences. OtlieT perforniance5 included TIEe Lion, The Iyilch and The Wardrobe and Charlie ihÈ Chocolt41e Fa¢tury IYitche5 by pupils in the Nliddle and Lower Sch￿15 and also Si* Ihg Mmsical (Teen Edilion) perfortned and choreographed by pupils in the Sixth Forrn. All of thesE wEre supported by a g￿wIllg number of pupils involved in theatre design {5tt tnd c05tuine) activities. The PTep School production, Fi1￿l￿g￿eM0, was perfomied to two sell out audienw. The School Dance Company produced file Hidden Child perfortned by 2 30 strong cast of Senior School pupils. The School again ¢elebratrd the International Day of Danc¢ with a live link to schools in Nepa] and Indii as well as joint perfomiances with local primary schools. In music. there were many major con¢¢rtevents as well as many smaller scaIe inforni21 recit8i5 and external events acF055 all age groups. The Senior School'5 St Cecilia and Summer concerts were perfornjed to full audiences whi15t the Prep School Summer Concert featured a full choir of all pupils in J3 and J4. Pupils also performed externally includingthe J31J4 singer5 participating in Young Voices concerts and musi¢ award holders giving coneerLs And perlomallces at many local venueJ. Chordl music also continues to thrive with particip#rLt nunJber5 growing. Visits to Christ Church Cathedr41 and Southwell Minster and the festival of Nine Le5sonsand Carols were notable highligM5. More pupils than Ever: rallging frnm those in 11 to the Upper Sixth have tsken music exa￿5 this year. As iti previous years. 8 significanr PTOPQrtion of pupils achieved oili)er merit or distinction level. A nymber ot" pupils have also done extremely well in higher level Diplotn&exams. In additson, pupils gainedplaces in the CBSO Youth Orchestra, the English Schools. Orchestr4 and the National Youth OrGhestra. Vocally. one pupil sang with the National Youth Choir, and anoih¢T took a Singing role in the RSC'S production of 'Titus Androtii¢us' itl Strattord U￿)n Avom. To support pupils striving for excellence ￿ the highest leyels of perfomian¢e. during 202¥25 four master¢lasses were arranged for the piano. violin, voice and one focusing 5pe¢ifically on ch8mber music. well aE hostiTW a public lecture reeit21 on th¢ work of BTthtns. And at tho very End of the year, the whole School community was iHvited to a Vivaldi's 'Qloria' Come and Sing event in the chapel, en¢ouraging parents lo sing dong5ide their childT¢n. Boys and girls participate in many different sports with a full fixture and tournarnent schedule io au sport5. The overall purpose of provi510TI t5 for sport to be fun and enjoyable for every pupil. Every pupil in the Prep School, Third, Shell, Fourth and Lower Fifth forn)s reptescnted the School in at le&st one $porL with stgnificant participation rates in the tt￿ee sentor year groups. Th¢U15 Tretball team becaTlle"World Champions" withthe Ul 8 Vll Corning￿ inthe World S¢hoolGames. The Senior Vll also came 3 iii the national fjnals End enjoyed an undefeated tour of Soth Afriea in the summer. Many girls TEpre5enled Super L¢8gu¢ academy teams. PaEe SOLIHULL SCHOOL GOVERNORS, REPORT- TNCLUDING STRATEGIC REPORT OBJECFS, OBJECTIVES AND BUStNESS REVIEW (Gimtinued) Both th¢.girIs' and boys, hockey first team5 played in the Nationa] Tier I CharnpioA8hips, playing agains( the best hockey schools iT2 the country. Unbeaten in the league stsg4 the boys. team lost in the quarter final. In the ISH cup. the team agaiii reached finals day, losing in the semi-fthal to the eventual champions. The gir15' first team also reached the ISH cup finals day fintshing 4th Meny of the younger teaujs reached repr¢5enlative finals with the boys, U12 XI being eTowned Midland5 champions. In riiEby. the 1111 XV wtntthmuEh the season unbeaten and the U13 Vll won all their games attheNational 7s toumamenL The Ul 5 XV Teached the last 16 in tl)¢ National V&se and earn¢d a top 10 finish in the National SOCS perforniance leagues. The Spring term brought ¥ number of other notable perfomiances in 7s competitions. The season Concluded with a successful tour of Sollth Africa in the summer. In cricket. the boy5. first and U12 ieams ￿re crowned county champions with the first Xl only losing one rnatch in the season. The girls, U13 team reached the Co￿Thty fjnal with the U15. U17 and first Xls progressing ￿rther in cllp competitsons than tver b¢foT¢. The school dso hosted su¢c¢ssful 6-a-side compeiitiow again and many girls and boy5 were selecied for County age group 4uads. In the Prep School, the Ul I football tearn were ISFA rebrional winners and national finalists whilst th¢ Ul I boys, hockey team won the In2 county toumament. In cricket. the boys team achieved second place in the county finals whilst the girls. tea￿ were winners of the IAPS tournament. The Ul I n¢tbail tearn continued theiroutstanding success, winniTrgbtsth thenetbajl ski115 ¢ournatnent and boiY)ugh tournarn¢nt fortheseventh 3UCC¢5sive year. Both senior and Prep School sports days were a huge success with all pupils havin8 the opportunity to win poii)Is for tlieii" h(llL5C. k this in tug of ww, Icr￿13. footbsll or on th¢ trneklfield. Othet sports with school teams inLluded athleti￿, skisng, sailin& golf. squash, tennis and ultimate frisbee. Intemational seltction was gained by pllpi15 in netball. hockey, 5qua5h aTrd sailltig. F*cilities. Th¢ School is committed to providit]g outstanding facilities in 811 kre&8 of school lif& Further enhancements to our infant school in Alice House were completed and progress continUEd on the ￿p￿de of school's fire alarm sysiems. heating system5 and ICT infr&structure. Stslf. The pupÉllteacher ratio inthe School in theycarw8s 10.2. 'IMere wer¢ anumberof intemal promotions in both teaching and non-t¢achin8 organ¥sational stmctures. The School ¢ontinu¢s to acknowledge the profr&sional and dedicated c(yntribution of all staff, both in the cl￿rOOM and elsewhe￿. The School is equal opportunities employer ￿ld complies with the Equality Act 2010. The School ig committed to provÉding equal oppo)ttEnities in its Employtnent pra¢ti¢es and policies and seeks to avoid dlscrimination in all a5pecisof Employment includin8 recruitment. promotion, opportunities for training, pay and bEnefiK discipline and s¢le¢tii)n for redundancy. The SGhDoI is also focused on 5UPPOrting the continued prgfesstonal development of J]1 staff, boih leaching and non-t¢aching. This is provided via a mixture of intemal and external courses and workshop5. Inforniation is shared regularly wilh staty both in person and ¢I￿tron1¢ally. The stsff Engagement ForLtm process was reviewed duriTr8iheyear w¢th two full 5taffTrJeetings and smaller sectional meetings held duri5Jg the year. All staff are invited including reptesentatives from the goveming body and senior management. A8enda items are ¢irculated in advance to ensure staff vieK's can be taken into ￿￿unt. Meeting minutes are disseminated to a]1 staff. MeDtsI He31t1k￿ye1lbefing. The School offer5 a raTLge of counselling and m¢nts] health support Sery1¢￿ to pupils and the wider school COTnrniinity. Over 80 staff are trRiE]ed in Youth M¢ntal Health First Aid with over 20 traincd ITJ Adult Mentsl H¢alth First AÉd. Wellbeing and personal development education is fully integrated into the currieulum and delivered by severd tnembers of the teaching stAff. Page 9 SOLIHULL SCHOOL GOVERNORS. REPORT- INCLLJDING STRATEGIC REPORT OBJBCTS, OBJECTIVES AND BUSINESS REVIEW(condnued) Stsff wellbeing is continually reviewed by tK)th senior management attd Governors with a Th￿llber of intttatives evidenced throughout the year, in¢ludii)g languages, yoga and dance classes as well as specific support for ￿enOPause and staff with young childr￿L An ErRployeB Assistance Pro¥raEn￿e is available to a]1 staff. Tradillg Sub5idiarLe& The Company has two tradsng subsidiaries. Solihull School Enterprises Ltd. whose principal activity is the provision and hiring of faeilities to third parts&% and Soliliull Day Caip Ltd, which, provides ¢hild¢are forpie-school agedchildTen over 51 weeks of theyear. Thecompanytook full ownership, of Solibull Day Care Ltd. on 2 September 2024. Financial Rep>rt Net in¢orne for the year amounted to £1.120,014 (2024.. net income £3,026,799). OvprAII inc￿M￿. totslled D_X.072,995, an incTe.i$p. of S.I,5145.983 in thè.ye8r{2t)?A.. tnt81 incnmp. £.?.fi,?.?_7.01?.. an In¢￿25e of £3.516,821 }. Thi5 year includ¢s the full fee income from Solihull Day CaTe of £1.9m for the fiT5t time. At the school, higher pupil nurnber5 were the main facior behind the increase io overall school fee and charges income for the year. Total donation and legacy income fell followingthe SIgn￿1C8At legacy recorded in the previou$ year. The School's c05t base is kept under close ctsntrol. Staff costs increased following increase5 in salary levels and the inclusionof the employees of Soliliull Day Care Limited. The School incurred terniination payments of £36.906 (2024.. £11,000) during the year (see note 4). Operaiional cost incre&ses were incurred in a range olcost Centres. IiOTably 8fjd following changes of govemment poliLy towards independertt schoo15. busiDess rates payable and irrecov¢TrblE VAT. Catering costs also incre&8¢d but were offset by savings elsewhere. R¢a]ised gaiThs on the disposal of inve5tmeRt propertie5 amounted to £Nil12024.. £Nil). During the year the govemoi% re-valued the portfolio of investmentpN)perties resultitig in an UFrealised 8ain of £185,000 (2024: an Un￿dised gain of £129,DOO). Realised losses on the disposaI of listed and other investments smoutrted to £86,046 (2024.. losses of £11.465). Unrealised Rains on listed and other investment5 amounted to £572226 (2024.. gwns of£842.144). Expenditure fr0SD the restricted andendowmentfunds duTingth¢ yeaT arnounted to £50.847 (2024: £20.451). Detailed analysis ofthe income aTtd expenditure betsveen the various fund accounts tsgiven in note 13 to the fillancial statements while detsils of the movement in tangible fixed assets of the SclM)ol are givert in note Intern&I Fingn¢5al Controls. A poli¢y ts in Pla￿ to record the illtern￿ controls employed to etjsure th good wnanagement of the Company's financial affairs. The Policy conforffts to 8uideltne5 issued by the Chority Commission in leaflet CC8 '1ntem&l Controls for Charities,. IThv¢8tmeDt Poliey. The Trustees reviewed the Financial Investtnent Policy dwing the y£8r and made no changes. The overall it]vestment strategy ttmains undet reglllar review. The T￿st£eS Tetain inveshment advisers and regularly review the ])ortfolio via the Property and Investment sU￿cOMmIttee5. Page 10 SOLIHULL SCHOOL GOVF.RNORS' REPORT- INCLUDING STRATEGIC REPORT FUTURE PLANS Strategic PI*D The school's strategic plan has been revieweAI, and the inient of the GoYemor5 remains to build upon thRe key strategic elements underpinned by the school aims and motto- AmbitbOI), Opportunity. Comfflunity and P*rsevEruntia. The three key strategic elements are: To maintsin gnd ethance our positir>n 9n gmbitioug academic dgy Échool, To become in¢reo5ing]y confident and well-known for the su¢¢¢5s of our pupils, To become increasingly a place of innovation and creativity. Specific aspects of this plan include.. To p05iiion the School &s the Midlands. leading cfreducational independent day school, tvidenced by an innov2tive ond balanced curriculum with opportunities to parlicipate and extel in all eo- curricular activities. To maintain 2nd improve the current high st￿dardS of academi¢ achi¢vement &8 rneksuted by external public examinations arld intemally generated da Toprovide a rigorou5 and flexible ￿adeMiC curriculum that is relevantto society both today into the future whilst also challenging pupils and facilitating theiT success whilst buiiding rcsilien¢e and independence, a global peyspective and a strong moral comp8SS To promote consideration of the environment and sustainability and implement relevant practifjes. wh¢r¢ possibl¢ a¢ro&% all aspeGts of 5Ghool lif¢ and op¢ratlOnS. To promote the principles of diversity. equity and tnclusion throughout the school community avd all a5￿cts of school life, To attract anit Tetain high quality stsff in aE] areas of school life and to support them in their professional development and welfare, To deliverknd maintain aD ¢ffectivt pastoral care system thatsupportsthe physica] Wld mental health and wellbeing of all members of the ￿h0o1 community. To ¢n￿LiTe thtst the S¢hool fully sUPPOrts both the lo¢ol and wider Corr￿M￿nity maintains a broAd social mix by widening ae¢ess to the School, including the provision of means tested bursaries, To continue to improve and devel(y the faciiiti¢s provided by the School in th¢ light of expected demands. To further build on the success of Solihull Dayca￿ Limited and opportunities for early years educatton. School DÈvelopmettt Dur%ng the yw, the School reviewed the Whole School Development Plan foT 2024125. which contsined over l 00 targets. The vast majority of thes¢ w¢r¢ cotnplet¢d andlor progr¢59ed. A Str¢Jrnlitt¢d plan for 2025126 h&4 been ¢5tablished with 5igniti¢ant item5 included below.. Maintain and develop our focu5 on Teaching and Learning across all pupils, Prepare our pupils to be Future Ready in ternls of skills. experience5, knowledg¢ and world vie Strrngthrning OUT offering D¢yond thc Cla53rooIn Harness the power and potential of Artificial Intelligence Establish our strong wsition locaily and Dationally through Community Engag¢meDt k tnve5ting in School BnviTonxnent for now and for the Pag¢ 11 SOLIHULL SCHOOL GOVERNORS. REPORT- INCLUDING STRATEGIC REPORT Rlsk Man#¥tment The Board of Governors is responsible for the TnÈnagemenl of the risks faced by the Group. Risks are identified. assessed and wntrols estsblished. The key controls used by the Group ipclude: A detsiled risk register. reviewed regularly by the Board and School lead¢Tship team. Formal agendas and minut¢5 for all Committee and Board meetings. coM￿lttee mirtutes and summaries circulated to all Board Tnembers. Detailed terms ofreferenGe for the responsibilities and powers of the Governor Cotnprehensive strategic planning, budgeting aTMI teTmly man8geTllent accounting. An established or8anisatitsRaJ StructUTe and IiDes of Teporting. Internal financi￿ controls, Fo¥Rial wi"itt¢ii polices iJiFluding th¢ H¢altli ￿ld Saf¢ty and Saf¥guurdiJis ￿1￿ Cljiid Ptoi¢bti(￿I Polici¢& which are regularly reviewed. Enhanced disclosure vetting procedures for all members of the teaching staf£ non-teacliiog staff. ViSitOf5. volunteers and the Board of Govemor5. The m&ior risks are considered to be.. Los5 of buildingls), utilities or ICT provision, Impa¢t io the Tepuration of the School in the event of liiigallo￿ frnud. at)dlor accideni resulting adverse Inedia cov¢rag< Failure to effectively adopt artificial intelligence within leaching anrl le8rning and the business processes of the school, Stsff unrest and dI￿lCUltIeS in Tecrniting and retaining appropriate staff. Uncertain economic conditions which could affect dern￿d for independent edu¢*ion and pr¢￿vre5 01) fee affordabil￿ty that might lead to a decline in pupil numbers. Fui]U￿ bil W￿p11￿[Jle WBtlI kry 5bhuvl PDliElrb alldlor 5taiutory IEgi51atton. The Govemors are satisfied that the major risks identified have been adequately managed. However, It t5 recognised th￿ no system can give absolute &ssurence against risk. Page 12 SOLIHULL SCHOOL GOVERNORS. REPORT- fNCLUDING STRATEGIC REPORT THE PUBLIC BENEFIT DELIVERED B Y SOLIHULL SCHOOL The GoYernoTS attach great importan¢¢ to Providingfinaiicial 85%iStan¢eto individuals of ability who ¢8nnot afford the fees and atso to the Schotsl's relationship and involvement with thE loca] Gonjmunity. Our wider harifable obligatsons are w¢ll recognised. Beside finattci&l benefits, OUT facilitieg are used foI publlc benefrt by outside organisations. loca] maiMained schools Ènd the local commiinity. The School va5ue3 and promote5 the ethos of 5ervi¢e and staff and pupils alike are active members of the local commlliiity- Any consideration of the public benefit is related to our stated obj¢¢tives. The Governors have complied with th¢ duty in Section 17 ofihe Ct]&riti¢5 2011. ttTr have due regard to pUbl￿C benefit guidance published by the Cba¥ity Commission. Some ofthe detailed a¢tiviti¢5th8t¢ontribute to the public benefit are shown below: Grnnt Making Poliry This year {2024f25). the velue of bursaries scholarships made out of unrestricted fynds totalled £1,736,071 (2024-. £1.761.954). Such fi1￿claI assistance helps the School maintaill it5 ethos. BcademiG perfonnance and achievements. The GoveTThors' policy. in line with that of other independent schools, 15 10 make gcholarship awards on a wid¢ variety of abilities includittg academic, art and desigo, sport, rnusic and performing arts. Bursaries are advertised and 8re made to applIc￿t$ on the basis of their finarJcia] circuTll5tances. Such awards are rneal￿ tested and reviewed #nnually. Bursary aW￿liS tOt￿led £1,241.373 (2024- £1,253,969) and were allocated to 123 pupils12024.. 118 pupi15), which equate5 to 73.6 full fees or 5.lyo of net fee income (2024.. 74.3 full fees or 5.40/0 of fre income). In additi￿ full fee support wa5 provided 10 5 Ukrainijn refvgees, totalling £87,603. A55i¥lallc¢ tv thf Local Educatlon Authorlty (LEA) and Lvcal Myllltath¢d Schvo The forniai partnership with the Tile Cross A¢ademy has continued via joiiit CCF activitte& The link with pupils from Reynal£b Cros5 School. Solihull, W1￿Ch caters for pupiL8 with severe to profound multiple learning difficulties, has continued to flourish in the year. Sixth Fonn pupils have volunteeTed &% support workers and PTovided dance and Mw81c￿ support at their events. The School has also continued to fulldr&i5e foT Reynalds Cross through a non-uniform day and 5aIes. A mLISiC fundraising concert was org3ntsed by a sixth forni pupil who had volunte¢r¢d there. The Art d¥p￿tI]￿l h05trd bUCCE¥sful wuikbhupb for R¥yRalds Cross pupils. The School'5 Oxbridge prephrAtioii scheme involved 13 local mainiained sch(K•ls potential candidates given interview practice sessions and specific applicatiou pr¢paratioll semitws tQ8ether with a focllsed lecture serie* The Prep School Music d¢paMeDi org8mises a day of musi¢ making in our arwtual Solihull Sings. event, involving over 230 pupils from four Iwal primary schools. Donations are made to Si Alphege Inlant and Junior School& Solihull. and ShBmian's Cross Junior School. Solihull to assist in the provision of facilities for education. Equipment and tsxt b(KJks no longer required by tk School a￿ donated to local schools and organisations. A nurnber of staff rnernbe￿ &nd governors are governors at local inaintained schools. Unlver6ity & Aexdemlo Lknks The School is a metnber of the King Edward's Consortium for teacher training. Providing low ¢ost training for unqualified teachers cor￿Idering a career in the profession. MembeT% of our tspching staff are members of national and rewonal educational and examination Page 13 SOLIHULL SCHOOL GOVERNORS, REPORT-￿NcLUDING STRATEGIC REPORT The Lo￿1 Communlty The School mobilises pupils to tske an aclive part in charity knd eom]nunity Work a student led Ch#tity Group. The Equity Group provide5 va]uable mat¢ria]5 on issues pertaining to the wider community thTough assemblies and the Eco Group has taken a role in highlighting the school's internationa] cl)arity work via the applicetion for Eeo School Status. The Prep School Root5 and Shoots Group has reLycled fancy dress and ChriSt[n￿ jumpers to raise funds for ¢haritie5. Our inu5ic and perfOMin￿ arts cefttres. chapel. sporting and other fa¢iliti¢5 are made available to local societies including charities at generous ¢on¢essional rates. Our extensive car parking facilitie5 are made available to local churciies, charities alld societie5. Th¢ School continued to host blood donation 5t5SiOt5s for the NHS. The School organised another book. stationery. uniform and sportequipment C4)IleGÉion to tontribute to Birniingh8m Diocese supporting government schools in Malawi. Other collections of items were sent to SIFA Firesid4 Birmingham Hospice shops alld various other charities via a collection orgamised by WSBB (Warwickshire and Solihull Blood Bikes). Charity fundTai5ing continued to be an important focus. The School held 5 noi)-s¢hool unifDm days in sUPPQrt of local, national and intemational cbarities iTtcluding Birnlingham H05pice {linked lo the Bulls im the City Project), Warwiek5hire ￿]d Solshu]l Blood Bike5 and ohari*ie5 associated with the Jane Goodall Foundation. Th¢ Prep School ￿50 has a focus om charity durlll8 their annual Charity Week 8nd Megathlon. Over £50.000 was raised frotn these event5. Acoms. the local Children's charity pn>vidingspecialist care seryicesto life-limited children andtheir fa￿l]les, used the School cricket pitch for a fundratsing match to ratse over £IO.000 for the Charity. Volunteering in the community formB F4 sigttificant %p¢ct of the Duke of Edinbursh Y4Hord w&th pupils at bronzq silver amd gold wving their time to a variety of organisations such as park fun volunteern. animal rescue ¢entre5. charity shops or training youth 5POrt teams. The Sixth Fomi Volunteering programme has been reestablished and fom)a]ised. Volunteers attend local Schools and care homes. Volunteering elsewhere includes titne gKYen to Marie Curie hospi¢¢ And for the Britisli Legion Poppy Futsd. We raised the profile of volunteeringand ¢hayity workthisyearthrough National Volunteering Week and through outside speake]¥ from a range of charities. NLunerou5 school music and dance group5 have perfornied at local settings includlng we homes. Solihull Hospitsl and the Marie Ciirie hospice. A student organised Chri5tma5 concert was giveTh to the residents of a local care home. The Prep School was nominated for the Muddy Stiletto's Awards for Charity work related to Sri Lanka projects and was awarded a "IOflHeroeJ award" by BirtnTn8ham Childrens Hospital for their fundraistng efforts. The Sch[￿1 has donated computer and fvTnirure items to local chtiriiies as and when available. The Chaplain is involv¢d Mytli many Gh￿[ch and Ghaiity a£tivitie5 arowid BiJiiiiiiBiioI￿, iii¢ludffiiL work in hospice4 food banks and Urbats pritsrity ¢harÈtie5. Chyl collection5 are in alignmeni with hool initiattves. The local Police for¢e uses our facilitie8 for dog tr￿rying 8nd for their young offeDd¢rrebebilitation pn)gramme. Our minibuses ￿e used on ocr&ion by loGg1 community groups and clubs fDr transport to Events. Donations are nthde to the P8rish Church of St Alphege, SolihulS and the Salfrr Street and Shirley Teatn Ministry. Shirley for the advan¢ement of religRon. Page 14 SOLIHULL SCHOOL GOVERNORS, REPORT- INCLUDING STRATEGIC REPORT Reserve8 Pollcy The School maintains subst8ntial reserves Tn unFtstricted fundq. Excluding fixed ￿ets used Tor school purw)ses these were valued as at 31 August 2025 at £l5.729.956 (2024: £15,258.6161. They are altnost entirely investtnents in property, fixed interest bon(ts. c&sh and equiÉies. In the yearto 31 August 2025 these investtnents generated an in¢ome of £1.373.954 (2024= £1221900) a significant proportiOD of which wa Used to fund scholatships and bursaries. The fJovprnor8 rp.8iJIATly rnnnitnr thE Itvel And liqllidity of resetves. and the r&sultant inEorne generated. They aim to hold ￿ndS which are sufficient but not excessive in order to fund current operationa] require￿ents and rUbj￿ development. mindful of the ne¢d to ensure thai the School can respond to circumstances and mitlgate risk io both income and exp¢nd1tu￿. The School therefore ain￿ to hold r¢seryes in the forni of cash and Itquid investments totalling no less than one term's capits] ond revenue expenditllre. excluding depreciation and amortisation. and that supFx)rt for scliolètships 8md bursaries are sust2inable and adequately fuTLded. The Govemors remain confident that the S¢hDoI is able to meet its financial obligations as they ftll due, 25 well as Continuing to iThve5t in staff development and the fabric of the buildings and facilities to provide an excellent education. The￿ is an ongoing focuson financiaI planning fo adequat¢ly manage ecottotnic factors including the impact of VAT on fee5 and tlLe removal of oui¢r tsx reliefs on the pmvÈsion of private education. Page 15 SOLIHULL SCHOOL GOVERNORS, REPORT- fNCLUDtNG STRATEGIC REPORT PROMOTION OF THE SUCCESS OF THE ORGANISATION TO BENEFrr i]3 MEMBERS The Gtsvernors confirn) that in accordance with Section 172 (1) of the Companie5 Act 2006, they aot in way they consider would be m05t likely to achieve the charitable objeag of the Company. In makiDg this assesstnenl the Gi)vernors hav¢ considered the fr>llowing: enera] Over51 and Aotin Fairl The long-terni sustainability of tlJe Charity's operating model is consid¢red by the Govemors as set out in the goiiig concem seciion of the (jovernors. Keport. bpecitically, the Qovernors consider both Short- and longer-temi financial projections and the key risks that could negatively impact the sch(￿1,5 sustainability. Risk management is embedded at all levels aTMI th¢ m03t 5ignifie&nl risks are disoussed at ea¢h Bowd meetin& See TYdEe 12 for furllicr del￿15. All OovemotE make am aTmual declaratiots ofbu5iness inteJEsts and declare ifihere is any confiidof int¢r relating to any item on th¢ agenda at each meeting. All pupils benetit from the S¢h¢)ol's outstanding academi4 pastordl. and co-curricular provision. Pupils are. activ¢ly encouraged to offersuggestions on developing their school experience, for example through Sthool Council or otheT committee5 including, but not limited to, Food Council and the Equity Group. The Headrnaster &150 reserves time for pupil'dropins" The School rcwi5¢S the qualities, ski115 and cornmitment of all its employees, both teaci)ing and DOD- teaching. They play a tn8jor rolt in the succe8s of the .qchntil. Mnrp_ infnrmAlinn AS to how the Sehool ensures the interests ofemployees ￿e considered 15 Outlined in the staff and wellbeing reports on pages 9 and 10. The Company h&% cornplied wÉth the UK'5 Equality Act 2010 Regul#tions 2017 which require the publication of illfomittion on the gender pay gap for UK ¢mploye¢5 annually. Th¢ School's report is &vailable on the ￿h0o1 website. Patents I'he School embraces engagement with parents. through both formal and infom￿] me8Ds. There are foTma] fttdback events on pupil progTess. Fleadmaster drop-in sessions and Parents Associatton events 2nd activities. In additio￿ there are less fornial opportunities for discussion at ¢orfurricu18r evetlts such as fixtures. Concerts and otller performwces. P￿ertIal infOrn￿tion s¢minaT5 also popular. The School is committed to ensuring that its objectiV¢5 and values are retlected Èn its approach to buying goods aTKI 5ervic¢5 and is transparent with infonnation alld prides itself on building mutually beneficiol rtyltstLOll5hips. Procurement PTocesses demonstrate fairness and integrity. comply with Televant laws and regulations, keep information confidential and Secure and ensure best practice is followed. The School seck5 to promote and apply the highest standards of business conduct and adheres to all applicable laws and regulation5 relating to fraul bribery and corruption (including thE UK Fraud A¢t 2006 artd Bribery Act 2010). Comrnuni The Scliool is proud of its place bL the local community and mort inforniation a1￿llt Ihe engagernent Rnd partrwship activilies thal have taken place are outlined within the seotion entitled 'The Public B¢nefil Delivered by Solil)ull School" on pws 13 and 14. The School's Teport is available on Ihe school websiir. Page 16 SOLIHULL SCHOOL GOVERNORS, REPORT- INCLUDtNG STRATEGEC REPORT STREAMLtNED ENERGY & CARBON REPORTfNG (SECR) Under SECR guidelines. the School has calculated its wnhouse gas (GHG) emissions and energy use for the period I September 2024 to 31 August 2025. This is for those ￿SetS owned OF operated within the UK as defined by the operational ¢OfLtrol boundary. ThÉs Includes the Senior and prep school campuse5 and minibuses alongwsththe ￿t[￿alOry it]¢lusion of Scope 3 bu5inesstraveJ in eJnployEe owned or hire vehicles. BAseline Reportkng Yegr Current Reporting YeAr 2023-2024 UK GHG Imission and En¢ Dat8 2024-2025 UK GHC Emission And EnerLData Energy consumptiOTI Used to calculate emissions (kwh)" all ]nandatory eDerEy sources are sncluded 6,023,957 5,800951 Scope I: E￿iSsIonS from thecombustion of Naturnl Ga5 tcthc 563 5J5 Scope l.. Emission5 from combustion of Fuel for transport and l or heating tC02e set evidellce ack for brvakdown 332 321 Scope l= Emissions tsf Biom855 Pellets tC02e Scope 3: ETnissions from business tsavel in ¢niploy¢e-owncd Vehicl￿. w11¢￿ th¢ company repaid tnileage Claims tC02e ave e vehicle l fijel source utthnown Scope 2: Emissions from purchased Electricity tco 329 278 Total gross C02e based on above {tC02e) 1227 1,136 Intellsity Ratio l.. kg CO2e gross b￿d on mandatory fields above w pupil: 796 kg C02e per pupll (1541 pup&L*) 726 kg C02e per pupll (1,565 pupily) The School Is pl￿Sed to reporto reductlon in Inteu$lty rAllo l {C02e per pKpll) of 8.8QA ovv they¢•r. The Schcol is u[￿ertaking the following energy conservation actions: The School procures 100% Renewable Generation GU￿antee of Origin (REGO) Certified Electricity, resulting in Zero Carbon Emissions attributable to Scope 2 electricity generation. However, the requirenjents of the SECR Scheme require that Grid Ele¢tri¢tty or Loca] Grid Electricity (Market Based) Emission Factois are used to report on ScopE 2 Emissions. Over the last 12 months. new eneT￿-etTi¢lent boilers and control syst¢ms were installed acr(Trs8 buildings, notably those comrolling heating io the Senior School Scienee and George Hill buildings. The Schoo5 h&% Continued to invest in light emitting diode (LED) lighting with all failed fittings replAc￿d with the. Ist￿￿1.￿￿.c.lf7C￿tinn. The upgrade tn l.F.rJ lighting ig nnw hrnund Rnvo tthtnpl2te. increase from around 750A at August 2024. The School has undertaken a programme of replacingexistingwindows with new¢r energy efficient units. Pag¢ 17 SOLIHULL SCHOOL GOVERNORS, REPORT- INCLUDING STRATEGIC REPORT STREAMLfNED ENERGY & CARBON REPORTING (SECR) (conli•ued) Implemented a structured p￿grat￿t of assemblies and staff engagement sessions across both caTnpuses, delivered by the Sustainability Offjeer. These initiatives aim to raise awareness of ¢ne effLGiency PT&Ctice5, WOThDte behavioural ch8nge, and encourage active participation in swtainability Dbjectives. Replaced traditional petrol-powered grounds maintenance equipment with battery-poweTed' allematives, including ￿oWerS and blowers. ExaminÈng a projectto upgrade gas supplies lo the Prep School. to replace oil fired boilers. F,xamining the replacement of fossil fuelled maintenance vans lo electrically powered vehicles. The School has complied with the requirements of the Erkergy Savings Opportunities Scheme {ESOS) Phaso 3 and have forfftulaÉing En¢rgy and Carbon Action Plan in line with government. deadline5. Other sustainability initiatives in¢lude'. ProTnoting the school's Eco-action groups on both campus&%. Continued focu5 ory b￿Qming plAstic free with no LLse of singie u8e plastic bottles. Promotion of recycling ihrough the use of specialist waste facilities 2nd bins. Enrourage sustainable tran5POrt opportunities. Responsible fo{￿ ¢onsurnption. aimed at minimising woste and ensuring all generated is ' collated wrned into animal food. Whe￿ ptssgtble. A waste processorwa5 inslalled at the Prep School campus duringthe year. Proactive engagement with pupils, staff and the wlder community led by the sustainability ¢o- ,ordinator. AUDITORS The Boatd h&$ decided to recomrnend RSM UK Audit LLP for re-appointrnent as auditors lo the Company. RSM UK Audit LLP has indicated its willin￿leSS to continue in office. A re501ution re-appointing them will b¢ submitted to the forthcoming Annual Genera] Meeting. PROVtSlON OF INFORMATION TO AUDITORS The Governors who were in office on the date of approval of ihese financial statements hav¢ confmed, ag far they are aware, thatthere is llo relevant audit infomiation of whirh the auditors are wwware. Each of the Governors have confirmed that they have taken all the steps ihat they ought to h&ve taken as Governors in ordBr to make thems¢lves aware of gny relevant audit infonnation and to establish that it has been communicated to th¢ auditor. The Governors. Report including the Str8tegi¢ Report. W85 approved by the Board on 25 Mareh 2026 and 5i8ned on their behalf by.. EIA the Board Page18 SOLIHULL SCHOOL GOVERNORS, RESPONStBILITIES IN THE PREPARATION OF FINANCIAL STATEMENTS The Governors (who are also trustees and the directors of Solihull School for th¢ purposes of company law) are respons71 )1¢ for preparing the Governors, Report incliidiT]g the Strategic Report artd the financial statements in accordance with applicable law and Uniteil Kingdom AccouTLting Standard5 (United Kingdo Generttlly A¢¢ept¢d Accounting Practice). Company law r4uires the governors to prep&Te r]nancial stV4tements for eath financi￿ year which give a tru¢ and fairview of tbt stat¢ ofaffairs of the charit8ble group and of the intorningTesouires and appl2cation of re50WCe5, incliulinsthc in¢tsm¢ and ¢xpcnditurc, of the oharitL4ble group forthat period. In preparins these financial statements, the governor5 are r¢quired to.- select suitable accountlng w)licies and then apply them coJsistently- ob5¢rve the methods and principle5 in the Chartties SORP. make judgments and estimates that are re&%onable and PTudenl state whether applicable UK Accounting St8ndaTd5 have been followel subject to any material departures disclosed and ExplainEd in the f￿anCial statements. prepare the fJTtancia] slaternents on th¢ goingconcernbasis unles5 it is inappropriats topresume that the charitsble group will continue in busine5S. The Governors are responsible for keeping properaccounting record5 that disclose with reasonable a￿vraCY at any time the financial position of the charitable ￿roUp and enable them lo e￿Ure that the financial ststements comply with the Companie5 Act 20116. They are also responsible for safeguardillg the assets of the chaTitable group and hence fortaking reasonable stepsforthe prevention and detection of fraud and other irregular2ties. In so far as the Governors are aware.. there is no relevant audit infomjation of which the charitable ￿up,$ auditor is unaware. and the Governors have taken all steps that they OL￿ht to have taken tts make themselve5 aware ocany relevant audit inforniation and to establish that the auditor is aware of that infomjation. Page 19 INDEPENDENT AUDITORS: REPOR T TO THE ME￿[BERs OF SOLIHULL SCHOOL Opiiiion We have audited the financial statement5 of Solihull School (the'parenl charitable coinpany,) and it5 5ub5idiaries (the -group'l for the year ended 31 Augu512025 which comprise Con501idated Stsiemcnt of FiDancial Actllritie5 {uicluding income and expeiiditure accounti, the Consolidated and Charity Balance Sheets, the Consolidaied Statemerti of Cash Flows and notes (o the fittancial siaiements, including significani aceouniing policies. The financial repyling framewotk that ha5 been applied in dieir prepai•iion is applicable law and United Kingdotn Accounting Standard5. including FRS 102"The Financial Reporiing Stsndard applicabk ￿ the UK and Republic of It'el8n&' (UDiied Kinodom Genei'ally Accepied AccouThiino Praciice). In our opujiott the fmancial statements.. give a true and fau. view of t1￿ state of the group's and the parent charitable company's affairs as at Augu￿ 2025 and of the group's incoming resources alid applicaiion of resources. including its income and expendTture. for the year then ￿ded.. have been PToperly wepaTed u) ac¢ordan¢e with United Kingdom Genaplly A¢¢epied A¢towiting PTa¢ii¢e', and have been pffpaTed in accordance with the requiitnjents of the Cotnpanies A¢1 2(y)6. Bgsis for opinion We conducted our audit in accordance with Int¢maiional Standard5 on AuditinglUK} IISAs(UK}l and applicable law. Our TespDnsibiliiie3 under those standards are t￿r[her described iti the Audiior's responsibililies for Ihe audit of the fijiancial 5tateTnents 5¢clion of our report. We are iDdependent of the group and parent charitable company ij accoTdan¢e with the ethical TequiTemen15 that 4Te relevant to our audil of the financial statCTnent5 in Ilie UK. including the FRC'5 Ethical SiandaTd and we have fvlfilled OUT Other cthical respon5ibililies in accordance with these requiremen￿ We believe thai the audit evidence we have oboined is sutTieiertt and appropriate to provide a basi$ foT our opinion. Oélier matter The fmancial Statements of SolThull Day Care Limiled. a SU￿Idiary of Solihull School. for the year ended 31 August 2024 were not auditrd. Accoidingly. our auditof Ihe group f￿anCIal $12t¢menlS for Ihe ¢u]r¢nl y¢ardoe$ not provide any a55uTrnce over th¢ ¢otnpaFative figures relating to this 5ub5idiary. CoThclusioDs t¢lailhg to golng con¢¢rn In auditi￿0 thc ftnancial statement5. we have concluded that the trustees. use ol the going concern basi5 of accounting in the preparation of rhe fmancial siatemenls is appropriate. Based on Ihe work we have performed, we have not identified any material un¢eriaihties TelaiiTrg to events or conditions that, individually OT collectively. rnay cast significant doubt on the group'5 OT parenl charitable company's ability 10 ci)niiDue as a going concern for a period of at least twelve months from when the financial staiemenls are auihorised for issue. Our responsibiliti06 and the r¢sponsibiliiie$ of the trus(ee8 with rtspe¢i to going ¢on¢em are d￿rIbed Ibe relev&Jt sections of this rcpori. Other Informat40n The other inforfflation eDmPTises ihe irtforJDation included inlheAnnual Report OtheT Ihzn the thancial sia*rn¢nts and ouraudilor'srepoFttheTetsn. Thetrustees are rcsponsible fortheotherinforrnaiioll containedwiihin the Annual Report. Our opinion on Ihe financial statements doe5 not cover the other ittfoTtoation at¥J, except to the extent otherwise explictlly slated in our rewrl we do not express any form of a￿Urallce conGIu5jon thereon. Our responsibility is lo read the other inforniation and. ID doing so. consider whether the other inforniation is materially incon5isicnt with the flljancial sialemcnts or our knowledoe obtsincd in the course of thc audit or otherwise 2ppears to be materially misstated. If we identify such maierial inconsisiencies or apparent material TnissiateTnents. we are Tequired to deteirniue whether this giv¢5 rise to a tnal¢rial TlliS51atemenl ID the r]oancial 51aiellients themselves. If. based i)n the WOTk we hawe perfDrtned, we uonvlude that there ]8 a mat￿la1 mlsstaiemeDI of this other inforniaiion, we are requiTed to report that f8¢t. We have noihing to Tepon ￿1 this regard. Page 20 INDEPENDEKf AUDITORS, REPORT TO THE MEMBERS OF SOLIHULL SCHOOL (coKriNUED) Opinions on other matters prescribed by the CompaDie5 Act 2006 tn ow opinion, based on the work undertaken in the course of the audit.. the infomilltion wven in th¢ T￿￿tee5 Report, whith iticllldes th¢ Dir¢¢tors' R¢port and the Str¥ts8lC Reportprepared forthe purposes of cornpany law, forthe r]RanGial yearforwhich thefm#ncial statemeTkts are prepkred is consistent with the fmanc2a] statements,. and the Director5. Report aDd the Strategic Rq)ort included wTrthirt the Twstees, R¢port* has b¢¢tTr prepared ill 2ccordaiice with applicable legal requirements. l¥fatters on wbieh we are required to report by exreption In the IiEhi of the knowledge and under5tandinE of the and the parenr cb8rFtable compaELV and their ¢nvwonmeDt obtaiDed in the course of the audtt. we have llot tdentified mat¢rial mi55tatoments illt D1￿clOr$, Report orth¢ Str*gsc R¢port ift¢lud¢d wiihw the TFU$t¢es' Report. We have uotkillg to r¢pDrt iD respect of the followiD8 matters where the Cotnpznies A¢t2006 requireus io rt to you if. ID oiir upuijon.. adequaie accounting records havt not kept by th¢ Pa[￿t charitabl¢ ¢OTupatry, or returns idequat¢ forour audit have not been received from branches ttot visited by u5- or tb¢ parent clwltsble company financial statemetkts ar¢ not in 8gr¢¢m¢ntwith the a¢wunting r¢¢ords and certoin disclosur¢$ of tyvstees, femulleration specified bylgw are not made. or WE have not received all the llthatian a[￿ rxplanations wt requi￿ for our a￿diL Responslbilities of trustets As explain￿ more fvlly sn the Stst¢ment of Trust¢es' respollStbi15ties on Page 19, the tnjstees (who are also the directors of the charitable compaDy for the purposes of coinpany lawl are respon5ibl¢ for the pr¢parntson of the financial statements and for being satisfied that they give atrue and fair view. and for5uch intema] control as the trust¢¢5 deter￿Elle is neCe￿ary to enable the preparatioll of rjtsaocl￿ statements that are free from material misst&temenL whether due to fraud or error. Jn prtparÈng Ib¢ fuLanGial statettkeuls, the tttsstets are responsible for assessing the group's and parent charitabl¢ compally's ability to continue as a going concern, disclosing. a5 applicable. 2nalters rel&t¢d to going cDnc¢rll atld usitlg th¢ goTrt]g Gonrern basis vf H¢¢QUntll)g unless the Inthes either intend to liquidate the group or parent charitable coropaThy or to cease operdtion4 or have no Tealisti¢ 81t¢mativ¢ but to do so. Audilor'5 regpon5ibilitie5 for the audit of the finAneial stst¢ments Our objeclives are to obtain reasonable Lssurance about whether the financial staternents as a wltolc are frec fro at¢rial misstatemeni whether due to fixud or e￿Or, to issue an auditor's report tb&t ￿Clud￿% our opinÉon. Reasonable assuraTJce ss a high level of as$uran¢e, but 15 not & guarantee that 8D audil conduded in accordan¢¢ with ISAS IUK) will always dttcct 3 Tllaterial ￿ls$tatem¢[1r when it exists. Misstaiem¢nts Can arise from fraud or e￿Or and are considered material if. individually or in the ￿regate, they could reasonably be expectpA to infIu¢nG¢ the eeono]nic deGisions of u$¢rs taken on the basis of ihes¢ fman¢ial statements. Th¢ ¢xttnt to wbieh the Audit wss eoAsidered capable of detecting 4rreguEaritie5. including fraud ErregulaTities are instsntts of lltsn-compliallce with laws andTEgulations. Th¢ obje¢tives of ouraudit aretrFobtai 3uffi¢i¢nt opprvpriryte lludit ¢videnoe Tesllrdin8 complianoe with laws ttTLd resulatio￿.. that havè a direGL effèrt tsrt the deterniination of material amounts and disc1051tres in the ftnancial statetnettts. to pErfom audit prQ¢rdU￿S to help identify instanc¢s of non-compliaJJce witb other laws and re8ulation5 that may h&ve a material effect OD the fillancial statements. and to respond appropriately to idenlifi¢d or suspe¢ied noo-¢omplianc¢ witb laws and regulations idenufjed during the audtt. In relatiOiL tc frau(I the objediv¢s of QUT audlt are to identify and as$¢ss the risk of mat¢Tial mi$statemeni of the financial staiements due u) frau￿ to Obta￿ Sufficient appropriate audit Eviden¢¢ regarding the assessed risks of maierial mi$statemeot due to fraud thr012gh destgfting and implementDI8 appropriate responses and to r¢sFrt)nd appropriately EO fraud or suspe¢red fraud id¢nuflEd durlog the audlL How¢ver, it is the primary tespmsibilty of rllaDagetL¢D¢ with the oversight of those chaoed wltb governaDc¢ to ensure thatthe entity's operatiQDS ar¢ conducted itl accordanee WTth the provisiotss of laws and Jegu12tion$ and for the pr¢v¢thtioD detettiort of fraud. Pa8e21 INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF SOLIHULL SCHOOL (CONTINUED) identifying and asse&8ing risk5 of mat¢rial LDi55tatetlleTJt respect of i￿¢guI￿]ti￿ including frwd. the gri audit ¢n8agetnettt team: obtain¢d an utsdwslattding of the natttre of the sector. including the legal and regulatory framewot* that the gmp pareDt charitabl¢ compahy opernie in and how the group and parent dlaritsble compw)y are complyin8 with the legal and regulatory framework-. inqUjTed of managemenL at)d those cliarged with governanct, about their own identifi¢&ion and assessment of tbe risks of iTregularitic& ￿Cluding any ktLOWll actual. 5￿Pute￿ or aueged luSt￿ceS of As a result of these proce(lures we cojjsider the MO￿ si8nific2nt laws and regul2ti(Trns that have a direct impactou the fJnanci&l statem¢nts are FRS 102. Charities SORP (FRS 102). Companies Act 2006, ChAritie$ A¢t 2011. the parenl charitsble company's governing documenL tax le8i51ation andcharities (Protection and Social tnve5tment} Act 2Q16. We perfoEmed audit procedures to detcct non-GompliaDce5 which m&y have a material unpact on th¢ fman¢ial 5ts1ements which included r¢vi¢wing the fu)ancial statements iDcluding the Ttu$tees' Report, remaining alort to new or unusual traT25attion5 which fflay nDt b¢ in a¢cor(fahG¢ with the govwning do¢wn¢nt5, iIJ5PE¢tllLg corr¢sponden¢¢ with bcal tax authoriti&% and evaluatiJ)8 advice received from internavexternai advisor& The m05t significartt law5 and regulations that have an indiFEd iTTJpaGt on th¢ fInaaGia] 5tat¢tn¢nts arc Thr Education {ItMlependent School Stand&rds) RegulatlOll5 2014. Keeping Children Saf¢ in Education under s¢Gtion 175 Of theEd￿Cation A¢t 2002, andthe UKGener21 Data Protection Regulation (UK GDPLiI. We perfotThed audit procEdEtre5 to ltiqui￿ of ￿anager￿¢￿t and thos¢ charged M'itb goYernAn¢e whether the cbaritsble company is u] compliance with ¢bese laws regu14tions Ind inspected Correspondence with regulatory authoTities. The group audit en8ggemertt team identifled the risk of management ove￿Ide of controls as the are& where the rujancial statemertts were inost susceplible t¢ mattrial mi5siatemeni due to fraud. Audit pK*edwes wfom?ed included but were not limtted to te5tUL8 manual journal entries and other adjustsnent5. evajuating the busiue5S rationale tn relation to 5i8Dificant. un￿WaI traD5aGtÈotis andtransaetions entered itita ouL%idethe rtorni*l coutseof bu5illESS. A further descriptiots of out ttspoxjsbt ilities for the audit of the rtnancial statements is provided on the FinaJJcial ReportiTrg Council's website at http.'/lwwv.frc.ory.ukJ#udit0Tsf¢5POt5sibilities. This d¢s¢ripTion fottns part of ow. auditor's r¢pDrt. Use of our r¢porl ThEb IryoII ib 1114ar wl¥ly lu t14r ¢haTlt4bl¥ tVSllPWly'S Iiiwubrts, as a IKxly1 iti ¥viUJ Cli¥￿4 3 vfpwl 16 of the Cornpanies Att 2006. OUT Budit work bEen ￿ndertaken so that we ]nighE state to the charitable Otnpany's membei's those matter$ we are required to state to them in an auditor's report and fortto otherpurpose. To the fullest extsnt permitted by law. we do not arcfpt or assume responsibility to anyone other than the ¢haritable company and the charitablo conipzny's mett)bm a8 a body. for our audit worl foT tbi5 rert or for the opinitsns we have fornied. GARETH JOIqES (Senior Stamtory Auditor) For and ¢)n bebaifof RSM UK AUDIT LLP. Siatutory Auditor Chartered AccouDtants Rivem)ead Hous¢ 7 L¢wis Court Grove Park ikicester LE19 ISD 2210412026 PaRe 22 SoIihull School CONSOLIDATED STATEMENT OF FINANCIAL ACTtVlTIES {tNCLUDING INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 August 2025 No¢&Y Unr¢5tricted fi]n Restricted nds Endowtnent Total 2023 Tota] 2024 fncomt 9nd endowments from.. Dunation5 and legacie5 Chgritsble gCtiYitieJ: 69.320 745.063 814,383 1,978,255 ?4.77S.861 69.811 951.847 1.373.954 ?4 775,863 69.811 951.847 1.461,091 ?1.87?..085 69,760 1,015,018 1,291.894 Other edu¢atlODal incom¢ Other ancillary trading income Investments 87,137 Total lllcome 27,240,795 832,200 28,072,995 26,227.012 Exp¢ndltur¢ on- Raising fund5 ChAritgble activitlej: School operat￿g costs (367,4821 (11,872) (379,354) (209,468) (27,232.145} (38,975) (27,271,120} (23,950,424) Total Expendititre 3 (27.599.627) (50.847) 127,650,474) {24,159,892) Nei g8lnsiiios$es)on Investwtmts.. N¢tgaiJ&l{Ios5Cslon ￿nVestment properties Netgainsl{losses) on other iDYEStrnents 185,000 358,036 185,000 5 12.493 129.000 830,679 137,198 17,259 Total urf g*ln$lOosw) o iDve5tments 543,036 137.198 17,259 697,493 959,679 Transfer between lund$ 13 522.793 1522,793) N¢t Incornell¢xpendithr¢) and ntt movement in funds 706,997 395.758 17,259 1,120.014 3.026.799 Reconeiliktion of fuods: Totsl funds brought forward 56.67l,345 3.522,831 636,705 60,830,881 57.804,082 Tot#1 fuud8 ¢arrlwJ forTrv8rd 57,378,342 3.918.589 653,Y64 61,950.895 00.830.881 The Statementof Financial Activities atso complies wÈth therequiremellt for w Ineome and Exp¢ndinJr¢ Acco￿t Lmder the Comp8Dies A¢t 2Th16. Page 23 Solihull School CONSOLIDATED BALANCE SHEET 31 August 2025 Com any Re stralion No. 6337650 NLJte& 2025 2024 x¢d assets Intangible assets Tangible assets Investments 394,887 8 41.648,387 9 21875.180 41,412,729 20,986.886 64,918.454 62.399.615 C￿rrertt 9s8¢ts Debtors Short tem deposits Cash at Iiank and in hand 10 2,283.814 6,848.558 ,650,995 3215,760 8,727.587 932.449 10,783,367 12.875,796 Creditors: Amounts fttlling due within one year 11 (9,946.242) (7.993,035) Net t￿rrellI assetsl(liabilities) 837,11f 4.881761 Totsl ￿Sets kss eurrellt Ilabiliiies 65.755,580 67,282.376 Credstors." Amounts t￿ling due 8fter m(r¢ than one year 12 (3.804,685) (6.451.495) Totsl net 84stts 61,950.895 60.830,881 The funds of tbe GTDIIP: Endowment Restricted Unrestricted 13 653,964 13 3,918.589 13 57,378.342 636.705 3.522,831 56.671 J45 Totstl Group fiwds 61,950,895 60.830.881 Approved by th¢ Board of Governors and authorised for issue ot] 25 March 2026. Mr R Bate Bursar and Company Secretary PaRe 24 Solihull School CHARITY BALANCE SHEEr 31 August 2025 Company RegistratiortNo. 6337650 Not 2025 2024 Fiyed gsgets Tangibl¢ assets Investments 41.561,660 9 23.500,186 41,411729 20.986,887 65,061,846 62,399,616 Current a$yets Debtors Short tem] deposits C&8h at battk and in hand 10 2330.976 6.808,815 1.120,850 3.149,377 8.727587 816,753 10.160.641 12.693.717 Credlttsr8." Amounts falling due within one year 11 (9,851.635) (7,979.885) Net C￿rrellt 4ssetsl(118billtles) 309.006 4.713,832 Tot%1 gs$ets less current li8bilities 65.370.852 67,113.448 Creditori: Atnounts falling due after more than one year 12 (3.804,685) (6.451,495) Totsl net assets 61,566,167 60.661.9S3 The funds of the eb•rity: Endowment Restrieted Unrestri¢t&i 653.964 13 3.918,589 13 56,993,614 636.705 3.522.831 56.502,4I7 Total ch#rlty fvttds 61.566.167 60.661.953 Nel movetllErit in funds for the parent charity increase in funds of £1.120,01412024'. an increase of £2.996,103). Net income forthE P2rent ch￿Lty was £1,120,014 (2024: net incotne of £2.996.1031. Approved by the of Govemors and authorised for issue on 25 March 2026. JKe airnian Mr R Bate Bursar and Company Secretary Page 25 Solihull School CONSOLIDATED STATEMENT OF CASH FLOWS for the year ended 31 August 2025 2025 21)24 Cash flows frDm operntkng #rtivitiex: Net cash provided by/{used in) operating 8ctivities 592,194 7,608.245 Cgsh t]oivs from investing actlvltles: niwidp.nd<. int￿.￿.9t othex iT)comt from iAvestments Purcha%e of investments Proceed5 from sales of investments Proceeds from sEtles of iRvesttneni properties Purchase of tangible fixed 8s8ets .461.091 (3.052,397) 1204,844 t.29l,894 (858.089) 348,755 530.0(KJ (2.081.385) (1,371,649) Net tX5h used inl(provided by) investiDg 4Etlvltte8 (1,758.111) 1768,825) Cash flmvs from &ctivltleJ Receipl&l{payments) of endowment ChADge cash 8nd £8sh equivalents In the reporting period (1,165,917) 839A20 Casb aDd tasb eqllivslent8 *t the beginThiffj8 of the reporting period Cagh aud eash equivalettts at the end of tb¢ reporting period 9,696,862 2,857,443 &530,945 9,696,863 Re¢oncillAtIoD ofnet iThc0me/(expendit￿rC) to net cash flow from operating aLtivitl&8 Net incomel{expenditurel for the reporting period 1,120,014 3.026,799 Depreciation ¢harges Amortisation charges Net (incomingyoutgoin8 eEthwment Tesource Net (gainsy1055es on properties and investmenls Dividends, interest and other income from investments (Increase)/decrease kn debtors Incre&8el(decre&sel creditors 1.240,552 131,629 {17,259) (659.994) (1.461,091) 931,946 (693,603) 1.064,126 (60.675) {899.004) (1.291.894) (2,610.621) 8,379,514 Net ea5h provided byl{vsed In) operating aetivlties 592,194 7,60V45 of changes ID cash cash Equivalents blf Movements Cash at b￿k Cash awaiting reinvestsnent Sliort temi deposits 932,449 36,826 8,727,587 718.546 (5,434) (1.879,029) 1.650.995 31,392 6.848.558 Totsl E&yh and ¢a5h equivalents 9.696.862 (1.165,917) 8,530945 P%è 26 SolihulI School ACCOUNTING POLICIES GENERAL INFORMATION Solihull School is a charitable company. limsied by guarnntffj incoryx)rat¢d iki and doe5 h&ve share capital. The group consists of Ihv charity and its subsidiaries, Solihull School Enterprises Limited and Solihull Day Care Limited. The nature of the gTOUP'S operatios]s is set out in the Govemors, Report. The address of the Charity'5 and it5 sub5idiariu regimered office is 793 Warwi¢k Solihull, West Midltnds B913DJ. BASIS OF ACCOtrNTING Thv findnLiuI yluLLiiiriila beeii pjyied in accoFdanGr with A¢￿W)tin8 and Rcporting by Choritics.. Statement of ReCo[n￿ended Practice applicable to charitiES preparing their accounts accordonce with the Fin8ncial Reporting st￿dard applicable in the UK and Republic of Ireland (FRS 102) {effeetive l January 2019)- Charitie5 gORP (FRS 102), the Charitie5 Act 2011. the Finan¢tal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Solihull School meets the definitioii of a public benefii entity under fRS 102. Assets and liabilttse5 are initially recognised kt bi5torical Cost OT transaction value unless otherwise stated in the relevant accounting lic.y. In Ar.cnTdxnce with FR8 102 the parent charity h&$ taken advantage of the exemptiom fiom the disclosure requiT¢rnenis of section 7'5taterneDt of ￿hflOws'_Presentati0Tr of & Statement of C&shfiows. The financial statements are presented in Sterling which is also the functional cunency of the ¢hwity- Amounts these financial siatements are rounded to the ne&est £, except wher¢ otherwise stated. The principa] accounting policie5 adopted, judgements and key SDurces of estimation uncertainty irt the prep3ration of the financial sUt¢ments are s¢L out below: BASIS OF CONSOLIDATJON The consolidated fiDanGi2] ststements I￿rpor￿e the financial statements of the Lharitabltt company. Solihull School ('th¢ Charity,) and entities controlled by the Group (its subsidiaries)- Control is achieved where the Gtoup has the power to govern the financial and operating poli¢ie% of An entity so as to obtsin benefits from its activilics. A¢counling policies con5i5tent with those of the parent charitable company are USEd and all intra-grouptraThsactions, ba1￿Ces income and expenses are eliminated in full on consolidation. The subsidiaries consolidated into these financial statements have produced their financial statements to 31 Augkhsi 2025. Details of The subsidiaries can bE found in note 18. The cliarity has token advantage of the exeniptioj) availablc undcrs¢ition 408 of thc Companics Att 2006, to ¢)mit its profit 0￿d ILVts a￿O￿nt from th statutory group accounts. During the pjrvious year. the Charity owned & 500/0 invesknent in Solihull Day Care Limited (previously known &s Day Care at Swnt mart￿.5 Limited), which W8￿ s￿ed at cost and was not in¢lud¢d in the consolidation on the basis it immateriaj to the group. The Charsty purch&8ed the remaining 50Y. shaJeholding on 2 September 2024. assuming control over the entity frnm this dat4 at which point it has been cIAssifLed as a subsidiary and been consolidateil in li￿¢ with the above policy. BUSINESS COMBtNA TIONS AND GOODNVILL Business combinatlOT15 are accounted for using the acquisition method. Th¢ cost of a bELsiness combination is measured at the aggregate of the fair value of the consideration transfeTred & the acqiiisttion date. The identifiable assets. liabilities alld contingent liabilitiesof th¢ acquired entity are reco￿liS¢d attheiT faLEva]ues at the acquisition date. GoodwFII represents the exc&K8 of th6 Gost of the acqui5ltion overth2 fatr value ot the identifiable net assets acquired. Goodwill 15 recogmised as an asset and is amortised on a systematic bag15 over Its estimaied v5eful life, which i5 four yeats. The usetu] lit¢ is Teviewed at each reporting dat¢ and adjusted if appropria1¢. Goodwill is also assessed for1t￿l¢at0rS of impairnient annually. and impaiyed if its cafrying a￿OUllt exceeds its recoverable amount. Page 27 Solihull School ACCOUNTING POLICIES SCHOOL FEES AND OTHBR INCOME School fees and other operating income comprise amounts receivable net of VAT irl TtspeGt of the sch(￿1 year. Fees receivable are slated afier deducting allowances. scliolarships aT￿ other ramissions granted by the School. Fees received in adyance of educ4tiott to be provided in fvture years are treated as deferred incorne 8T￿ included withirl creditors. INCOME FROM INVESTMENTS Income fi￿M investment pioperttes comprisE5 ainounts reGekvabl¢ in respect of the school year. Income from inv¢stm¢nts, deposits and loans are credited to the siatema]i of financial 8ctiyitie5 on a receivable basis. LX)NATIONS. GIFTS AND LEGACIES Donations from individEials and COTporatIoJ￿ are recognis¢d on receipt, where the￿ are no perfoTrn8nce- related condition5 which must be met. Legacy income relates to sums that have been lefi to Solihull School by individudls in their will. In line with Charities SORP section 5, legacy in¢on7e is only recognised" when the charity has ￿11]t]ement (via existence of a valid will, aaio death ot a benetactorl, the sum can be reliably measured. it is probable thebalance will be re¢eived (once probate has been gr8JLied). Where &ss¢ts hav¢ been doDRted. a ¢quiv3ieth is included. EXPENDrruRE Expenditure ts aceoutjted for on an accrllals basis. Overhead and other support costs not direetly attributable to fLinctional activity categories are apportioned over the relevant categories on the basi5 of manageinent estsmates of the amount attributable to that activity in the year, either by reference to staff time or space 0￿￿Pied, as appropriate. The irreGovoToble elwnent of VAT is includcd with thc it¢m of ¢xpcnac to whith tt relates. InYe$tment manag¢mentcosts comprtse the amounts1ticu￿zd illn]an8gingth¢ inv¢stmentpropertyand listed Investm￿ts. School operating costs comprise amounts incurred. other than investment management. in respect of the cuttent school year. EXp￿ilure kncuTr¢d in &dvance of the follow5ng school year is WTi¢d foThvard in prep&yments. Govemance costs comprise the costs of running th¢ Group, including s￿tegIC plann%n8, external audiL any legal advice for the Gtsvernors. professional indemnity in511rance forGovemon and offjcers. andall the costs of eOTnplying wilh con51ituuonal and statutory reqU1￿ments. such as the costs of Board and Committee meetings and of pre5Mring statutory accounts satisfying public accountability. LEASED ASSETS Rentsls ￿der opeTating leases are reco8ni%d on a straight-line basis over the le￿ terni. FUND ACCOUNTING FE￿￿S held by the Group a￿. UnresirietEdgeiTeralfunds These are funds which cau be used tn ￿0rdance wtth the ctborilable objects at the dis¢teiion of the Governo]%. In addition. Ihe Governors Iiave deSi￿ated ¢trttiin fund5 for p8rticu]ar pwposes. Reslrl¢lédfvids These are fuEKls that can only be used for particular restricted pllrposes withio the objects of tlie Group. Restrictions arise when Specified by the dooor or when fi￿d5 are raised for particular restricted purposes. EndowmentfT¥nd.f These are funds held p¢rn]anently by the Group. principally investments. Income aristn8 on these investments can be used in accordance with the tertDS of the eThiowme4Jts and is unrestriried. Page 2R Solihull School ACCOUNTING POLICIES TANGIBLE FLKED ASSETS AND DEPRECIATION No depreciatio￿ is provided in respect of freehold land or assets under the course of constructLOn. Deprecialion ig pmvided on a straight line base5 to write off the cost less estimated residual value of fixed Èssets by equal instaiment5 over their estiTll8ted useful e¢onomi¢ liv¢5. Th￿e rates are currenuy as follows: Freehold buildings (standard constN¢tion) Fr¢eliold buildings (other coTrstttiction) Car park faciliti¢3 and simAlar SLtr¢￿s Iincludcd iEt freehold land and buildiRgs) Artificial turf pitches (included Én free￿￿[d land and buildiny) Long leasehold Chapel organ (included in furniture and equiprnEnt) Furniture and equipTllfTrt Computer equiprnent 100 years 20 to 50 yew3 20 year5 LO year5 50 years 20 years 3 to 15years 4 years Fixed assets with a zero net b{￿k value at the beginning of an a¢¢owItin￿ year are treated as if they aT¢ no longer in use al￿ written off the fixed 8sset records during th¢ year, REFURBISHNIENT COSTS All ¢osts in respect of refuTbsshment of the school are charged to the statcmert of financial activities in the period in¢urred. Adilitionally, accrualg Are made for all expenditw¢ that the school has incurred at the y¢ar TNVESTMENTS Tnyestments ar¢ Garri¢d at fair Yalue at thc ycer cnd. For ligtcd iDVe3trnents. thits is the mark¢¢ value. as advised by the snvestment man8ger. For investment properties, this is the fair value &$ detemined by the Gov£mor5. advised by extemal professionals. All movements in value arising from a change in the fair value of an investment are shown in the ststement of financia] actLVlties a5 an unrealk5ed gain or Ioss. Realised gains and105ses on investments are calculated as the difference belween the disposa] Proceeds And the 8mount at which the investment valued at the beginning of the year. or cost if purchased during the year. Interests in subsidiaries are initially rnea5ured at cost and subsequendy measuTedat C051 lessaTry im￿1rnI¢nL An a5se5Stnent for llnpairmeni is made at each reporting date. DEB TORS Trade and Ot￿rdebtOffs which ar¢ Teceiv8ble wiihin one yearere initially recogn2sed at the transo¢tion price and 5ubsequentJy me&sured at amottised cost, beiiig the transaction price less any ornounts settled and any impaimienL losses. SHORT TERM DEPOSITS Short term deposits repre￿nt amounts on depoiit for BTeater than one moT]th but le￿ than one year_ CASH AND BANK BALANCBS C&8h and bank balanees sncludes cash andshorttenn highly liquid invesknents with a 5hOrtma￿rity of three moDth5 OT less frotn the date of acquisition. TrADE CREDITORS AND LIABILITIES Trade Creditors payable within one year are initi￿lY measured at the transaotion price and subSequen￿Y measured At amortised cost, betng the transaction pric£ lass 4ny amounts settled. Refundable parentsl deposits are shown ￿ due within one year to refl¢ct that deposits are repay&ble once any Individu￿ pupil has left th¢ scliool aTHI that parents need only give the school one terni's notice of an intention tt> leave. Page 29 Solihull School ACCOUNTfNG POLICIES FNANCIAL tNSTRUMENTS The charity only h&8 financial assets and finanoial liabilities of a kind that qualify as b￿Re fmancia] instrumentg. Basic financial instruments are initially recognised at transaction value and subseouently me&sured at th¢ir settlement value. TAXATION As a registered charity. the chpTitable company is exempt from taxation of its income and gAins to theextent they fall within the charity exemptions in the Corporation Taxes Act 2010. The Iharitsble company is also able to partially recover Valiie Added T8x (VATI. The trading subsidiaries do not usually pay UK Corporation tLK as their p(Trlicy 15 to pay all t&¥able pmfits to the parent oharity as Gift Aid, Provided there e sufficient distributable profits. G*fi Aid distributions are recognised only where there is a legally binding obligation in place to make su¢h adistribution. howeverthe t8x effE¢ts ofihegift aid payment are recognised t the year end, pmvided IÉ is probable that the gift aid payment will be ]nade within 9 months of the year REfiREMENT BENEFITS R￿1r&In￿￿1 bellefJt- to cmployccg of th¢ 3¢hwl ttrc providGd by th¢ T¢achws' P¢nsion Sch¢me ('TPS'). Standard Life Gi'oupPersonai Pension 5¢heme ('Stsndard Life.) and Bn Aviva Pension TTU5tfor Independent Schools ('APTIS') in accordance with pension euto-eiirolment legislation. The TPS T5 a defined benefit sch¢m4 contracted out of The State Second Pension, and ihe assets are held separately from those of the school. Teaching staff esnployed after FebNary 2024 are members of the APTIS sch¢me, which is & multi- employer defined coRtributlOll scheme. Other teachings staff have the option to opt out of the TPS and join the APTIS scheme. All non-teaching staff weTe meinbers of the Standard Life scheme, which is a defined contributlOP scheme until January 2025 at whi¢h pointthey weft enrolled witiiin the APTIS schetnt. The Government TPS is an unfimded scheme and Contributions are cal¢ula¢ed 50 a% 10 spread the cost of peAsions over ¢￿p]oyees, Working lives with the sehool in siich a way thatthe pension cost is a sub5tantxally level percentsge of current and tutUTe pensionable payroll. The contributi<)ns are deterniined by the Governtnent Actuary on the b&sis of quinquennial valuations U5ins a prospective benefit method. As ststed in Note 15, the TPS 15 a mulii-employer scheme, and the school is unable to identify its 5haTe of the UFLderlying assets and liabilities of the on a consistent and re&sonable basis. The TPS is therefore treated as a defined contribution scheme and the contributions recogni5ed as they are paid each yeor. 'rhe StartdaTd Life and A Yl'lb schemes are dElin¢d contribution scheme5. Pension contributions are charged to the Statement of Financial Actimties as they be¢ome payable ill accordance with the rules of each scheme. Differences between contributions payable in the year and contributions actually paid are shown as either accruals C>T prepayEnents. LIQUID RESOURCES Liquid resourcos detailed in the statemeot of cash flows comprise short temi inyestsnents whlch can be readily converted into ￿Sh. GOING CONCERN At thelime of approving the financial statements, the governors have a reasonable expectstionthatthe group and chBritable Company have adequate rebouKes to continue in oper31iott￿ existence for the foreseeable fitttire. Thus,the govemors continue io adoptihe goin8 concern basis of a¢¢ourttiTLg inpreparing thefinancial statements. M8nageyT2ent has assessed the going concern assumption and despite increased economic UT￿ertainty, conf1rtM5 tliat it r¢main5 appropriafe based onthestrong ¢ash and net&8setPOSTtion which enables itto sustain its business ar￿ m¢¢t its liabilities as they fall du¢. The Governors make ihis ￿seSs[￿ent in respe¢t of a periDd of at le￿t one year from tl)e date of aUthori￿tion ftJri5sue ofthe financial Statements and have concluded that the groupand d￿ritable company have adequate resources to conÉinue in operational existence for the fo￿Seeable ftiture and tliere a￿ no tnaterial uncertaÉnEies about the group's and charitable company's ability to continue as a going toncem. Thus, th continue to adopl thE goin¥ concern basi5 of acwunting in preparing the financial statements. Page 30 Solihull School ACCOUNTtNG POLICIES CRITICAL ACCOUNTING EsftMATES AND AREAS OF JUDGEMENT Esiirnates and judgem¢D15 are contittually evaluated and ore based on historical expersence and other factors. including expectations of tlrture events thai are believed to be reasonable under the circumsta￿ces. Cyiiieal uccounling esilmoies undtt*s￿MPl1o￿.r The Group makes estimates and assujnptions concerning the future. The resulting accountiDg estiTnat¢s and L8sumptions will. by definition. seldom eqval the related actual r¢sult5. The estimates and assumptions that have aS]￿ir]C9J1t Nsk Ofcauslnga￿a1Cr1a] adjustmentto thecarryin8 amounts of assetsand liabilitie5 within the next finaneial yt*T are digtrussed below.. The policy of the Governors is to maintsin buildings and inte8ral fixture5 and fittin8S itt good condition through regular preventative, proaclive and reactive maiHtenance. Rate5 of depreciation are set based on this policy. ITLvestment properties are included at fair value tsking into account item5 such 8s current and expected market yiel(Ls. local market conditio]ts. length tsf le8£e5 and covenant strength. Page31 Solihull School NOI'ES TO THE. FINANCIAL STATEMENrs for the year ended 31 August 2025 COMPARATtVE tNF.ORMATION- STATEMENf OF FINANCL4L ACTIVITIES Unrestricted f￿1￿ Restricted nds Endowment fitnds Tota] 2024 Income and endowments frow: Donatlons and leg#¢l¢s Charitable activitie5: School lee5 Other edu¢aiional in¢ome Otber ancillary tradiD8 income Investments 75.730 1.902,525 .978.255 21,872.085 69,760 .015,018 1.222.900 21.872.085 69,760 1,015.018 1,291,894 68.994 Total Inc0rn6 24355,493 1.971.519 26227.012 Expenditure on: Raislng fuDds Charitable a¢tfftvttie8: School owating rosts (199.823) (9,645) {209.468) (23.939,618) (10,806) (23,950,424) Totsl Exp¢nditwe (24,139,441) (20,451) (24.159,892) N¢t g4insl{lossts) oll Nct gainsll1055es) on inve$tm¢nt properties Net gaill51{Io&sES) oll other investments 129,000 129,(K)O 645,l36 124.868 60,675 830.679 Total Det g8lDsl(lo$$es) o Investments 774.136 124.868 60.675 959,679 Tra￿sfer bettyeen funds 261,052 (261.0521 14et 5nEom¢l(exptndSture) ¢t movement in fuads 1,151.240 1,814,884 60,675 3.026.799 Reeonciliation of fun￿S- Total fvnds brottght forward 55,520,105 1,707.947 576,030 57.804.082 Totsl funds earTied forw8rd 56.671,345 3,522,831 636,705 60.830,881 PaRe 32 Solihull School NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2025 INVESTMBNT INCOMB Unrestricted Restricted Funds Fund5 Tot41 2025 Total 2024 Investment income comprises.. Income from itivesth)ents listed on a r¢wgnised stock eXCh￿ge Ill￿{jIll¢ fioiii inve5kniieiit propErti¢s 301.608 87.137 388.745 342.945 758,OIM 758,004 814,895 Bank atMI other intere 314.342 314,342 134.054 1,373,954 87,137 1.461.091 1.291.894 EXPENDJTURE Staff Depreciationl costs Amortisation Other costs Total 2025 Total 2024 Raising funds.. Investment management 379,354 379J54 209.468 Charitable activities.. GTOUP operating costs Governance costs 17,654,549 52.114 l J72,l81 8.051 J22 27,078.052 23,822.666 140.954 193.068 127.758 17,706,663 1,372,181 8.571,630 27.650.474 24,159,892 2025 2024 Total SUPPDrt costs included in expenditure are 2.026.873 1.943,012 The support costs represent the rn8nagement and administrdtiv¢ ¢osts of the Group charged direcdy to ihe operating costs category of Ihe Statement of Financial Activitie5. Page 33 Solihull School NOTES TO TE￿ FINANCIAL STATEMENTS for the year ended 31 August 2025 STAFF COSTS 2025 Numter 2024 Nlullber The average monihly number of peTsons ernployed by the Group during the year was: A¢ademi¢ Non-academic Day Care 238 108 54 222 105 327 Staff costs for above persons.. Wages and ￿arleS Social security costs utber pensjon cos 13,518317 11.928,890 1.554,435 1,282,786 2,633311 2.355.540 17.706,663 15,567.216 Peilsion Costs are allocated to expenditure in line with stsff costs and are wholly charged to unKstricted fund5. During the year. ternjinaiion paymeELts of £36,906 (2024.. £11,000) were made attd are included trt the ¢xpenditure shown al)ovL Of these, £nil (2024.. £nil) were outstanding at the year end. The GovernoTS Tec¢ive6 no remuneration during the yeaT12O24.' £Nil). Durin8 the year, 2 Governors (2024.. 2) received reimbursement of travel and training expenses of £1.61112024.. £9171. The Group h&$ purchwd trustee indemnity insurance. Tl)e cost ts disclosed in 5. The numbei of higher paid ernploye¢8 who le￿1ve￿ emolumEnts in the following bands were-. 2025 Number 2024 Number £60,001- E70,000 £70.001- £80.000 £80.001- £90,OnQ £90,000- £100,000 £ioo,001- £1 10,000 I IU,UOI - £120,OOD £120.001- £130,000 £190.IY)1- £200.000 20 20 At 31 August 2025. 22 higher p￿d employees were members of a defined benefit penston scheme {2024.. 231 whilst 8 (2024.. 4} were mernb¢r5 of a defined eontributioji pension scheme. Pension ontributions paid in respectof these individuals amounted to £546.033 (2024.. £486.555). Duriftg the year the total ¢ompensaiion including employer nataon81 i￿uranCe and pension contributions payable to key maTMg£Enent per501Jnel of the w)up £1.252.665 {2024: £1.294,319). In accordance with the cbaritie5 SOIIP (FRS 102) the benefit to the charity provided by genetzl volunteers is not refiected in the Statement of FI[￿nCial Activities. PaRe 34 Solihull School NOTES TO TFTE FfNANCIAL STATEMENTS for the year ended 31 August 2025 ', MOVENIEKf ￿ FUNDS FOR 7Tr￿ YEAR {￿￿p) 2025 2024 The rnovement in fund5 for the financial year is after charging: Auditors, retnuneratitsn For audit service5 Other service5 prectSLtinrt ttf*Angible fixed &i%et< Owtjed assets Arnortisaiion of iiitangtble fixed assets Goodwill iel&ting to Solihull Day Care Ltd_ Operating Iva5e renta15 Bad debt charge Trustee indemnity insuranee 64,274 22,277 47580 6.970 1.240,552 1.064.126 131,629 13 1,002 212,796 ,361 132,437 110.146 1,251 TAX PAYABLE The School 15 conside￿d to pass the tests set out in Para8raph I Schedide 6 ofthe Fir￿￿e Act 2010 and therefoTe it meets the definition of a charitable company for UK eorporation tax purposes. Accordingly, the School is potentially exempt from taxation in respect of in¢otne or capital gains received within catrgories tovered by part I I, chapter3 of the Corpor&tion Act 2010 orseclion 256 of the Taxation of Chargeable Gains A¢t 1992, to thE extent that ￿UCh income or gains are applied exclu5iY¢ly to Gharitsble purposes. The charitable company owns th¢ entire issued share capital of Solihull School Enterprises Limi*d and Solihull Day Care Limited and taxable profits arL5ing in those cotnpanie5 ar¢ donat¢d to its parent under a gift aid arrange￿ent. Page 35 Solihull School NOTES TO THE FINANCIAL STATEMENTS for the year eDded 3] Augusi 2025 rNTANGIBLE FIXBD ASSETS (wup) GoodwillariYiNg on Cost I September 2024 Additions Blimsnations $26,516 31 AUg￿￿t 2025 526.516 Arnortisation I September2024 Charged in the year Eliminations 131,629 31 August 2025 131,629 Net book value 31 August 2025 394,887 31 August 21Y24 Goodwill is Te¢O￿lsed a5 an intawble asset and arnortised on a str&ight-line b&sis over its estimated useful economic life of 4 years. PaAe 36 Solihull School NOTES TO THE FfNANCIAL STATEMENTS for the year ended 31 August 2025 TANGIBLE FIXED ASSETS18roup) Freelttjld landand b￿lIdI￿g& Long LeasehGld Furnlh¥re Assets IPI Compuler course o eqtlipmenf constru¢lion equipmenl Tolal Co* or valuotion I September2024 Transfrr Acqui51tion of 8ub5idiary Additions Elimination5 41,838.335 726.314 1.111.413 5,116,280 916,922 755.275 49.738225 (726314) 191.307 191,307 1.018.087 I16,906 163.443 (638,894> (246.178) 73,213 1,371.649 (885.072) 31 August 2025 43,582.736 1.111.413 4.785.599 834.187 102.174 50.416,I09 Depreciation I September2024 Acquisition of subsidiary Charged in the year Eliminatior& 3,581 J35 523.657 3,670.236 86.746 550.068 8,325.496 86,746 582.448 2L228 450,126 185,750 (638.894) (240,178) 1.240.552 (885,072) 31 August 2025 4,ltiJ,Y83 )4).885 3.)08,214 489.b40 8.7ti"1.'122 Net book value 31 August 2025 39.418.753 565528 1.217,385 344.547 102.174 41,648.387 31 August 2024 38.256.800 587.756 1.446,044 366,854 755.275 41,412.729 The c0s￿alue of freehold land included in the which is not deprecI￿ed, is £5.454.521 (2024= £5,454.521) Fr¢ehold propertles were revo]ued in January 1958 and ar¢ shown at that valTWtion together with additions at cost since that date and the gift of freehold property from Saint Martin'5 (Solihulll Ltd in January 2020. All tangible r￿ed ets are used for direct choritable purposes. Page 37 Solihull School NOTES TO THE FINANCIAL STATEMENrs for the year ended 31 August 2025 tNVESTMENTS Group Charity 2025 2024 2025 2024 Investment propert1¢5 at faiT value Listed 8nd other investtnents at fair vatue Investment in subsidiaTi¢S and j02nt venture5 at ¢ost 10.635.000 10.450,000 10,635.000 10.450,000 12,240,180 10,536.386 12.240.180 10.536,386 500 625.006 501 22,875.180 20,986,886 23.500.186 20.986.887 Analysed as follows- 2025 2024 InYe5trnent properties at fair value: Brought forward Disposal proceeds Net gainl{loss) on investment properties 10.450,000 10.851.000 (530,000) 129.000 185,000 At 31 Augu51 10,635.000 10.450.000 Investmentproperties were revalued at fair v8lue by the Governots on both 31 August 2024 and 31 ugust 2(125. The ￿nUal valuation of li]ve5t￿P￿t prnperties is reviewed in detsil by the Property Sub Committee in accordancewitli guidelines setout by the Royd Institute of Charter¢d Surveyors. Individual propeities are examined in detail and the proposed valuation reviewed 8nd discussed with professional advisoTS. The Govemots recognise that conditions in the property investment Inarket remaiti cbailtnging with the ￿tall and h05Pitalsty 5ector5 remaining under partKcul8r prpssiirp..The diverqity of tl)p porrfolso prowides some protection aBain$t this pressure with valuation5 taking into ac¢ount ikms such &8 current and expe¢ted market yields. local market tonditioiis, lenÈth of 5eases and individual covenant strengths. 'rhe c05t of inv¢stment propertie5 at 31 August 2025 was £5.094.192 (2024: £5.094,192). 2025 2024 Listed and otl)er investments at fair value: Btvu¥hL ftTrrwuTd Additions at cost Disposaj prO￿edS Net gaiTJI(Iosg) on listed investments Reduction in cash awaiting reinvestment 10,536,38fj 2,427,892 (1204,843) 486,180 (5,4351 9,230.83 1 858,089 (348,755) 830,679 (34,464) AI 31 Au8USt 11240,180 10.536.386 Th¢ cost of listed a¥d other investmeats at 31 August 2025 was £10.320.456 (2024= £8,906.355). Page 38 Solihull School NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2025 INVESTMENTS (¢ontinued) 2025 2024 Listed and other inv￿￿￿ents at fair value compri￿.. Listed investtnettts Cash awaiting reinvestment I2.208,788 10.499,559 31.392 36.827 12,240.180 10.536.386 10 DEBTORS Group Charity 2025 2025 2024 2024 Trade debtors Other dEbto Amount due from Group undertakin85 Prepayments and a¢￿Ued I￿Orne 182,119 21,034 79,494 2,067 39.183 21,034 96,308 2.080,661 3,134,199 2.074.451 12,871 2.067 240 3,134.199 2283.814 3.215.760 2.230.976 3.149,377 CREDITORS.. Amounts falling due within one Group Charity ' 2025 202 2025 2024 TraLle Creditors Other creditors Refundable parent deposits Other tax arjd soci2] security crEditOF5 Deferred income Accruals Pension scheme cessatiots creditor (LGPS) PeTL%iim scheme eessation creditor (TFD 992,471 537,484 470.874 529.854 626.110 594.396 1,572,448 305,263 5J69,694 5,079.178 734,891 672,186 141,925 262,356 37,829 12.318 990,412 537,484 467,438 529.854 599.100 594.396 1,551,902 298,813 5,358,660 5,079.178 704.369 665,486 141,925 262.356 37.829 12,318 9,946.242 7,993,035 9,851,635 7.979.885 The School has provided security in respect of the LGPS pension scheme Cessation creditor incluled above from the inyesknient property portfolio described in Note 9. Page 39 Solihull School NOTES TO THE FfNANCIAL sTATEME￿rs for the year ended 31 August 2025 12 CREDITORS: Amounts falling due after more than one year Group Charity 2025 2024 2025 2024 Deferred income Pension scheme Cessation creditor (LGPS) Pension scheme cessation creditor cfpT) 3,804,685 6.272.498 141,925 37.072 3.804,685 6.272,498 141,925 37.n72 3,804,685 6,451.495 3.804,685 6,451.495 Deferred income included in n(Ftes 11 and 12 represents feeslcharges received in advaTrce. Gmup 2025 2024 Ai I September Funds reeeived in year Amounts r¢le85ed 11.351.676 2,840,608 2,930,542 11.351,676 (5,107.839) (2.840.608) At 31 August 9,174,379 11.351.676 Page 40 Solihull School NOTES TO THE FTNANCIAL STATEMENTS for the year ended 31 August 2025 13 MOVEMENf ON FUNDS (8roup) Funds balgnce at 31 Au8USt 2024 Trdnsfer be￿een Funds Funds balance at 31 August 2025 Net gainsl {105ses) OD Expen