Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 Company Registration Number- 06269081 The Charity Registration Number is :_ 1120970 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Report and Accounts 30 June 2023 FOU
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTS8RIDGe SCHOOL EDUCATION FOUNDATION Report and accounts for the year onded 30 June 2023 Charlty Infomiatlon Tru•ta•8' Annuol Rwrt 6tat¢m•nt of dlrn¢tor8' re8pon•lblllU•s Ind•pond•nt A¢n11Th* Roport 10 Fund8 Sl•temwt&'. Stal•m•nt of Flnanclal Advllt•8 Stalerrv4rf of Flnonclal AGtlvllle$- Prfor Year statsment Stslement of total rocognlsed g•ln8 and l¢)ss•i Ravenue Fund Inme and Exp•ndtture •¢count SummAry offund• 12 13 13 14 16 18 B•l•nM •h••t Not•• to aoni¥ 16 18
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54
KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION
Compary Reg18tralkn Numbw- 06269081
Trustees, Annual Report for the year onded 30 June 2023
The Trustees present thelr Report and Ac£ounts for year end&J 30 Jung 223. whlch 0180 0)MprI the
Dire¢tor8' Report required by the Companles AG¢ 2006.
Reference and admlnlstratlve detalls
legal name oflhe charity is:. KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION.
The c4writy 18 knoTr by its operating ngrne. KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION.
The charity is registered In EnglaThd & Wolos wllh th8 Charity CommiMion in EnglaThl & Wales (CCEWI t•Ath
charity number 1120970.
The tharity does not operate In ary over8oasjuii8
Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGbrrsBRJDGE SCHOOL EDUCATION FOUNDATION Trustee8' Annual Report for the year ended 30 June 2023 Knigldg8 SdKK)J sw1XD NlchoLw Anton Dann Chrfsllane El•nbaeh Elleno Davldgon Grayken Caroline Cartdllarf K Claudla Nahrnth Georye H•w D•lrymrAg Oll¥or Val•ntlTra Pan renatton dUrf the y**Ere:. XAiA022 Chrlsdane Elsenlwch Eil•n¢ D•vldson Gray 21Aff2022 Ilaithew Jordan i&t1212014 18A16r1018 rt112022 Clau(Ua Nahrnlh 21rt1r22
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Company Reglstralon NLThber. 06269081 Ttee8. Annual Report for the year ended 30 June 2023 Objocts and actlvltles of the charlty Tho purposes of the charlty as set out in its governing documen Est8bTh8hod In 2007.1(nlghtsbrfdg8 Sthool Edu¢xtion Foundalion (KSEF) 18 a registered charity Ythith works do8ety with but entirety independent of Knightsbd School (KS). The Foundation's obsecbves are the furtherance of educalon through KS and to [Oote such olher tivitses o)nnected to the advancement of educat( which are d)8ril#ble. The main activities undertaken In relatlon to those Pu0$e$ dunng the year. Developlng and SUPPOTttng thg use oflhe resoLErces and lIrtIeS of Knightsbridge School for th& benofft of Ihe community. WoTking in cocpor81ion with10¢81 state primary schools on joint projects. Fund ralslng trthe PLwpose of Providing scholarships and burnaries to talented puplls whose lamlty fflnonctal circwnstances would not otheM$e enable thèm lo 8tt8nd fae-payirvJ wivate schools. A86iSt in the iwlldlng and developmenl of further knlity88 at the School's site and to assist with the procurement. devehjpment and use of 8ncillary fadlMe$ for swrtlng. and olher L¥eative events for I benefft ofthe communlty generally. The maln actlvltles undertaken durlng the year to further the charlty pUrye for the public benefi The Foundalion wll focus on promcrting thè personal developmenl edU0Th of people In the wk1er CA)mmunty. We VAI pui0d1Y review tyjr aetivili•s to ensurn vffj respond to the ebrjlving nature ofcurrent needs. trustees have had regard to Charity CommSsn¥ gutdonce on wblic benefit in managing the 8¢bvitios of th8 ¢harfty.
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Compary Re&istr8tion Number- IJ6269081 Trustees. Annual Report for th• year ended 30 June 2023 The maln achlevements and perfornianco of tho charlty durlng the year. The total numberof Children who rocefve or have received SUPFNL from KSEF has jumped lo 28. As pw pwtous ye8rs wa had an unprecedented numberof appllc81ions ts OLf Bursary Programme. The chlldren were selected on adern[c abilty and wro mo8n$ t•st8d vla an Independent orgarmsatitin to ensure transparency and faimess. Different lo last [, ¥ offered four p18ce5 (vath 100% support of fees). In 2023 we avrarded Ihree plarBs. We would have 8war(led a 4th pla¢8. bu¢ the destgnated child opted for • bursary plac In another school. Three new students 8tart their nBw ¢dLteation81 ioumey at KS in September2023, tsking th0 totsl number of burwi8s currenlty at KS to 12. In the nthy academtc year. we mlght need to red[e rojr offer to free places to start In Seplgmber 2024 due to the potential Value Add8dTax lor IndgperKlent schoo which cxeates a uncertain firwri•l burden. We aim 10 8UPPOrt all bur¥ary sludents beYd Knightsbridge, this involves apyIng for stholar8hipB and grants to geeijndary schools. We are cun11Y sUPPOrtlng 7 stttdent8 in other Secondary schools, Induding Kings School, SL Pauls, Charterh)use. Woldingham, fvior Fi•ld's 8nd ShrwAbury. We tha success of our support with sludents enrollpjj at unbversity arKI one fomw bur88ry studenl ha8 Stsrted 8 luate pn4r8mm wilh JLL having finished un6¥grsty. Also beyond university we stay in touth with fomier bJrs8ry Students and ty to Support them. WethElcome and encourag8 axistsng p8r8rts to 8UPPOrt and pde ¢aregr a(Mce, intem8hip owortunil fflentorirvJ. The dlfference the charitys perfomiance durfng the year has made to the beneficianTes of tha charlty. Knlghtsbridge Schcd 16 unique in the way it de16vers educ4Jon to ourchildNI, but It 1$ 0180 Port of 8 %%yder community. E(Ju¢atk)n does not dirnIn8te and is th¥ p0rful weapon for thanging the wortd we live which 18 why wo r88th b8yond the Blue Door to thange the worfd e child at a time. Sinr its inolon. KSEF has nearfy raiwj £2.000,OLX). DlffwÈnt to the prevtous yearn where we arrange(1 major fund raising event, 8rrang•d a smaller garden paty Thang by of our dorKKs. We managed to rai80 G8P 132.778 GBP. The KSPA (Knightsbridge School Parent AssocAation) is 3111 supporfng uswilh substanlial donations. how8ver Ihe donalions in just after th8 end of the fanal
Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Trustees. Annual Report for the year ended 30 June 2023 beneffted wlder 80¢10ty. Broadontng edu¢aYonal expWIere8 tr chldT8n kn the I(1 cLthmffj Nnalns a central part ofthg WO of Thli funded Art to 15 trildr awl 411 at Fim8ry Sdml <0 httpBjAv#aT.kxt.W. We supported Atrthjmham CthiNNnity ith a grant to fund Welt LfAMlon z1•, off•rn •p8d8U Support to 40 thiklren for thè full &¥d•mtc y•01 {• wT.wu.orgI. W88t London Z IWLZ) 18 charrty that hdps chlidren and >•ung pwplo th• relat101P& 8ki118 they need to got on tr•d(8od8tty. arKI Ldan1, In 4xdw lo thrk40 In adultr1. In •Jdltion. A8htroJmham re¢elved a grnnl to P9 Slng Educallon to 180 ¢wldren I hltysJl7y#w.$lrip8ducation..uwj. dev•bp8d re$ll PornerM and the ¢hlldr•n of biwbng lo ts h0O1. la¥ekn of 41 deprfvokn In fv Unltod lQnwbJm (kn inthTh, hlJMhQrn ha8 72% of thNdr•n qual1n4 for frog m¢d•- mor• than 3 dm•8 th• noJcAwl avarnyl. Tho 8choolB are Inc¥•dlW graloful for KSEF )U8d 8UPPOrt aB th1¥ m•k• • 011•r4 lo thdr thlhJr•n'8 knamkbg and lo tho overall of th•lr •n19rgod CAimmunty.
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Trustees, Annual Report for the year ended 30 June 2023 Structurei govemanco and management of the charlty The methods used to re¢rult and appolnt new ¢harlty trustees. The Board may appoint any pernon who 18 able and willing lo aci 8$ ¥ now or addilKm81 Tnoteg and ea¢h Truste8 shall. upon appointment as a Trustee. consent to beme a Member ofthe Charity arKI sw and have his name ented In the Register of Members. kers Weatherbys Ltd, 5240 Swders Rood. Ncvthamptothlre. NN8 4BX Uoyds Bank PLC, 25 Gresham Street, London EC2V 7HN Barclays Bank PLC, 1 Churchill Place, London E14 5HP B3nk•rs Bankors Financial revlew The Charit8 Ilnanclal posftlon at the end of the year ended 30 June 2023 The financial position of the charlty at 30 June 2023 and comparatrves for the prior periryl, as more fulty detailed In the accounts, can be summarised as foll¢)WS:_ 2023 2022 Net Income (90,866) 41,881 Unreslricied Revenue Furtd8 avallable for general puSeS of the charity gTT,749 947.139 Restrl¢ted Revenue FurK 120.768 Total Fundo 978,043 1067.907 Financial revlew of the position at tho reportlng date, 30 June 2023. The tnttsts consKler the finarwl perfrn¢• by thè ch8rlty durfng ihe year to have been satisfathy. Policies on reswve& Foundollon's reseNes poficy is to maintain Sufficlent uryestrirted incomg resgr¥es to enable tt lo meet ils 8hort-temi finondol obllgallons In the event of an unexpected revenue Shortfall. Th8 rese$ poltey Is monitored on a wu18r bw$ durlng th• IrleaS meetings with the tharity **i&ryng it8 taryet forthe year ond8d 30 June 2023.
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Trustees. Annual R•port for th• yoar and 30 June 2023 Availablllty and adequacy of assets of ea¢h of the funds The board oftsu81tts is satisfied thatthe ¢harlVs assets In eg¢h fvnd 8T8 available adequate to fulfil its obligattons in respect of eath fund. Dotails of The Independent Examlner ChrS Liorthrfs Member of Assodallon of C8rtlfed PubllGAcoiuntants Coath House Bellevu¥ Roed Friem Bamet N113NY
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Company Regl8trntion Number. 06269081 Trustees, Annual Report for the year ended 30 June 2023 Statement of the Dlrectors. and Trust8. Responslbllltles The tharity8 truBtees are rew8iblo forthe preparatton oftho accUnts in ac£ordanc8 wllh tha of Ihp Companies Act 2006, the CharTties Act 2011 the Charities lArunIS and Rep(¥t8) Regu181ton$ 2()8. Notrilh$tsndlrvJ the explidl requirement in the extant slaiutory r8gulations.lhe Charities {A0unts and RepNts) Regulations 2008. to preparo the financlal $tatgment$ In aCry)Tdan th Ihe SORP 2005. in vtew ofthe fa that the SORP 2005 has been wlhdrawn, the Truslegs dotemiin8(I to intèrprnt this responsSbillty 8$ requiring them to foll¢x current best pra¢X(rE and prepare the attounts awding to the FRS 102 SORP (Statement of Recommgnda(1 Pr8Ctk¢ for A¢ci>unting and Rewting by CharilieB) 2019. applicabkn to all acruntIng periods beginning on or after 1st January 20191, (Thè SORP), . In particular, the Companies Act 2006 and char6ty18w requlre the Board of Truslees lo prepare financi statements for each finanrAal year which give a true and fairview ofth¥ stato of affalis of tha charity as at th8 end of tha financlal year and of the surplus or deficii ofthe charity. In prepaftng those finandal ststements the 8oaTd is Nulred to :_ - lo prepare the accnts in oo>)rd8nc vAth Unit•d lfjngdom Gen8r8llyArLepted AccoLmting Practic• (Uniled Kingdom A0))Unth Stand8rd8 applIc&b lawl. - 8ot Suitab accounling poliaes and apply them consistentty; - rnake judgement8 and eBtimats8 tho1 are reanable and prudent.. - prepare the financial ststement8 on the going concem b1¥ unles¥ tt Inapproprtate lo presumo that th8 tharity I11 conwnue in busine8S; - state Ythether app1Kab accgjuntsng standards and statements of recommended practice have been followed. subjecito any materfal departuw dl$do8ed and explained in the finarrial statements; Th• law requins Ihat the trustees must not approve the accounts unless they are satisffied that Ihey give trt and falr ¥l•w of the s1o1e of affoSrs ofthe tharity and of the surplus or deficit of Ihe tharftyftythe year. The Trustees art akn responsible for malrtlnlng adequate aDnting record8 whtch disd089wilh r¢asonabte ao)Jracy at any lime the finanal po8ition of the charity and which are sufficient to and gxploin Ihg eh8rtys transacaions and enable them lo ensure th81 the flnandal statements mplY with the Companies Act 2006 and comply th regulatsons made under the Charities Act. Thoy are 8180 rèsponslblg for safeguarding the a88ets of the ch8rity 8nd hence for takiNJ reasonable steps for the prevention and d8t8clton of fraud and other ie91r111o8.
Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGTrrrsBRIDGE SCHOOL EDUCATION FOUNDATION Trustees. Annual Report for the year •nded 30 Juno 2023 The TNstee8 are atso 1b18 forthe curtents ofts Tn&8tees' fert and fv slattrtory resFOns1ty of tho Independent Examkngr in rn18Yon to the Ttee8. reFJt Is miled to &YaMlIA the reFANt and ensuriTrJ fylatamants. Method of proparathjn of accounts - Small company provlslons Th• flnandal Stat}ts we set w¢ (ffi page8 12 to 27. Tho finandal statTrts ha bw) prepargd Ihe FRS 102 SORP {StAtemenl of R¢cornmended Pradicti forAceounting and Repthng by Charm) 2019. to 0118c<uting pe(iods beginning LY 8ft•r 1st Jawwy 2019). ffhe SORPI. aThl wi ¢d hilh tm Fwwncial Ropthlng Stsndafd 102. l•ff•c¥¥• 1gt January 2016) DC4CA2EC1FFU61 MRS CHRISTIANE eLSENBACH
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54
KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION
Roport of the Independent Examln•r to tho Tru8teo8 of thè charitsblg ¢omp•ny on the •ccounts
lor th• ya•r ènd 30 June 2023
I reportto the Tnth8es on my wmln8tton ol finan¢l818tatèments of the Charftab company on page5 12 to 27
for the year ended 30 June 2023 which havo bggn prgpargd in attorYJanc th the Chgrib•$ Ad 2011 (the Ad) and
th lh8 Fln8nd81 RePOrj Stsnd8rd 102,1offethe 1st Jansjary 20161 as Th)dffied by FRS 102 SORP IStatem8nt
of Reccmmended Practlce lorAccounting and R•porb"ng by chart8) 2019, èpplicabkn to all ¥)unting nc3S
beginning on or aftor 1st January 20191, (The SORPI, publis by the Chanty commion in England & Wal8$
ICCEW). and undgr lh• htstOril ¢OStc¢nntiOn and the ¥ccountiw polldes 801 out on 18.
r••pon•lblllll•J oflth• Tnwtw• •nd th• Ind•pond•nt Examln•r •nd th• ba•h ofth• rnport
A8 d•8thbgd on pag8 8, you. tho th8ritsblo canpaW8 TNSt4e8, who are Ihe Dlrectors ofth• CornpAny for th•
PUfPts8ey ofc¢)mnY law. Ire respons1b for ts pryJ8rnlon ofth• ftnandal Statents in aemdan(x wlth
Companlo8 Act 20Cfj, thg ChoM06 Aci 2011 and all other appllcabje law and Ur#l8d lQngdom Gan8r8lly
Arxapted ArUnting Piartha. to wnolknr onlitles. and for bolng sall¥fl8d ttwt the finandBI 8tat•mont•
¥ tru• ond f8lr vfv.
Tno1•98 c¢n•lder tho1 th• •utht requlfM)•nt ol Sacuon 144111 of tho ChadI68 Act 20111thg Adl d8 not
apply, and that thore roqulfement In the memorandum and 8rf¢l•s ofth• c41ority forth• ¢onduthng of an qud
and thAtth• 8ccounts do not rwulr& 8n •udlt In aco)rdgne4 wilh Port 18 of the Comp8nle8 Act 2006 And that no
mbvjr or memb?rJ havo requested an audli wr8u•nt to Sedon 476 ofth• Comp8nlg$ A¢t 2008. A8 8
ju8n. tha TnMta8• hav• •b¢t•J th•t the fln•neJ•l 8t4t•ffl•nts bo •ubJeGt to Inde[dent nnItIOn.
H•¥lng $•lknfd my8•lfthat ttt• financll it•t•ments am not requlr•J to b• Audlt•d undw any1•9 ky0vl0n, or
othorvA88, and are eltglbl8 for thdynd•nl •1n40n. It18 my fOV)n8lblllty tts...
al ex8mln• the flnandol •tatsm•nts ol th• und•r Soction 145 ofth• Act
bl lolltyw Iho apol¢b Wdurg0 In thw DlroGtloTro ghgn by Ch8rfty Commlmlon under ••cllon 1451SKbl of
aa•l• ol Ind•wid•nt Ex•mln•V• St•t•m•nt•nd 0p• ofwoTk und•rtak•n
l rnport in 8ct01MY •X•nnOn olth• charfty8 financtal 8tstom8nts ¢affiad t>ut uftdw 1145 oftho kl. In
rrylr¥J cwjt my •x•mlnaUon, I have folloed 011 the applicabkry Oirecltons glven by the Charfty Comm1881on under
s•ctton 145ISllbl of tha A¢t g•tUr¥J out lh• dutifrs of an Ind•pon
Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGfrrrsBRIDGE SCHOOL EDUCATION FOUNDATION my rewt is limited to ts matters ¥et t in the bth. belieNE in •ny malwl resp•. 8rrtl Section 130 of The Charthes Ad 2011: hab Thba•n sxeparnj in actfjrdanc wilh melhxts and ryinLW s* CArt in the FRS 11Y2 SORP
)tirj rArAlS WnYJ cffl 1stJMAry2019). (Tr* SORPJ. Do¢uS¥ned by.. 6EOA697987F34F6 coach Hou8• M113NY 11
Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Statement of Flnanclal A¢tivities for the year ended 30 June 2023 year9ndl 30 Juno 2021 as r•qulr¢dby the Cwp•th A¢t 2006) Tot•lFwNI• Tthl Fw A1 146,375 11.079 213298 11m 167A54 f ST.534 215291 81 21,185 104W) 21.106 121.S55 138.746 121.666 247AOD 1nA30 3INJg (121A7 (89.8661 41m1 11.C (1.01 1121A70) 41.861 1121A74 41.861 947.139 120.768 1.IJ67.907 1.028,016
YY.74a
977.041 1m7J07 12
Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGTrrrsBRIDGE SCHOOL EDUCATION FOUNDATION - 81at8ment of Flnanclal Actlvltles for the year ended 30 June 2023 D¢n•ttons & Leo A1 213298 3398 215291 Ralsthg fvr 138.748 138.741 Tax on 83 173.430 41A51 411 41.161 781.793 1.trX.IM6 1.067.90T 13
Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Statemert of Flnancial A¢tlvllles for Ihe ended 30 June 2023 Movom•nts In rovonu• c•W fund8 fortho y••r •nd•d 30 June 2023 Re¥•nu• •¢cumul•tsd fund• To A¢¢aunuW browdhtJw•rd 947.140 120.n8 1,067. 1.020,046 31.8J9 1121,475) 189,8861 41.861 tr•n•fern •rn749 1m7J07 clo• furnlb •77.74• 8umm*ry al fund• L••t Ymr gTI,749 14
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Ststement of Flnanclal Activities for the year ended 30 June 2023 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDAnoN Income and Expendlturo Accountfor the year ondod 30 Jun• 2023 as roqUIr by th• Companles Act 2006 2023 2022 In¢>xne from 0ralIanS 146.45S 213,298 Inv•stmMt income Intsre reclvabk• 11.079 1,993 167.634 214291 Gloss In¢orna lThtheyov InGludlng •xc•pllonal Ilems 167,534 214291 Charitth expendllure. 0XdIkng and amortho¢ton FundTai511VJ COSIS 224,414 21.185 1,800 1,918 Total oxp9r4lllure In the year 247.399 18•.8651 41.861 Tax on surp1 M ordthary ai¥it Not thrtax In th¢ ftMn¢lal year 189.8651 41.861 R¢tsIn ¥urplu8 forts IlnwKl•l yur 41,861 Al advlties derfve from conunukng operakn8 In acthrdarKeMh the PM$10 ofthe CompaTrkg Art20C6. thg h#dlng$ ar 8ubh8•llng$ u¥•J Incwp or ac•xunt ha¥e bn adAptedto reffeclthe $pedo1 nature ofthe ch8rWs admtbs. Th• nots• att8¢h•d on PAg•B 18 to 27 forni an Int•grnl part of the8e ac¢ount 15
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Balanco She•t as at SORP Nots Ref 2023 2022 Investments held 8$ c¥rrnnt assets Cash at bonk a1 in hand 10 B3 400.000 580.083 1,069,947 T¢)tsl ¢uffeTht al1& 980.083 1,069,947 Credltorn: •m¢)unt8 tstllng due wlthln on• •r 11 C1 (2.040) Netcurrent4B80ts 978.043 1.067.907 Th• tolal notassots ofthe ¢haiity 978.1743 1.067.907 Tho totsl netafj80ts of tho ¢harlty arn fvndgd bythefunds of the charfty. a8 follov•B:. Ro8trl¢t4d fund8 Restri¢ie(l Re¥enu• FuThJs 15 D2 120,768 120.788 Unrnstrl¢tsd Funds UnTeStrI Revenue Funds 15 03 977.749 947.139 977.749 947,139 Oeslgrwted Fund# Total ¢horlty lund• 978.043 1.067,907 The'SORP Ref indkated above is the da88ificatiort of 8al8nce Sh8&t Ibms as Sgt out in the fomial SORP dorMents. As requirod by paragraph 4.60 of the SORP. the bToughl foNMrd and carried fthward funds abo¥9 have been agreed to the SOFA.. The directors are 88ti8fi8¢J that the 1mPanY Is entlllod lo exemplkn from the requThnent to obknn an audtt under $ectton 477 of the Compan¢e8 Act 2006. Th8 memb5 hava not required the (y)mpany to obtdn an owllt In aiY4ythnce wlth 476 of the Act The dlre¢lors ackn0dge their responslbifibes for ¢xmptysng vAih the requlremenl8 of the Coran1e$ Act 20L with respect to a¢ntIng records and the Pfeparation of accounts. The chaiity IB su'e¢t to Ind¢pendent ExAmlrAtion under tharity legislatKm, and the report of the Independent Examiner 58 on page 11. The statements bew propw8d In accothnce wlth the provi&on8 in Part 15 oftho Companie¥ Act 2006. applicaljle to companie8 subiÉclto the sm8110)mpanles feglme. 16
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Balanco Sheet a8 at DO¢usnIdtsy'. DC4CA2EC1FF8463 MRS CHRISTIANE ELSENBACH Trutst•• Approv•d by th• board oftru•teo• on 29 F•brnary 2024 The nots• att•chod Pa9 18 to 27 fonn an Intsgrnl part of thue accounts. 17
Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Nots8 to the Accounts forthe year ended 30 June 2023 1 pollcle8 Pr#tic oUntij ar Chariiwl 2019, OFpk¥tlo te9lnnthg on or 8ft8r 1¥1 Jarwry2019). sc), try Chwdy CL¥Mn h Ewknnd & Wths {CCEW), Jn KcoffdanrwAh 8a tn the charity8 dwirntion. ex¢eptthatth8 clwitylws FK8pgfBd ts fmoniyal 8tsments 2019. aWKabla to all accoJntiNJ t¢ginniTrJ oftor 1¥lJanLWy 20191. SORP). Wgr8nc8 to tho rByuLqtioTrJ. th? C1w¢S INwJunL8 ReFK)tsl R•gukntK2(Th Trfwe)plbto ts SORP 2005. has keon ISOFW a rNab bm Y*lt•n a tra1r or(thr e¥wt Mi an wuoaso ui th• as58ts reduction in ts athl thocharity haj W till( the lic can ba m•asur•J 18
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Notes to the A¢count8 for the year gnd8d 30 Jun• 2023 Ir¢¢ome IroTh legoclos InoJm• frcffi Iogaetss Is rgcognlsed chaity Iws ¥uffirygnl evidgnco thata gKt h88 been thto them, thatwlwe ulred. PTob81e has bggn granied, the &x8CUtor i¥ 8ati5ffièd Ihatth& propety in quosllon 1[ not be require(I to daims In th8 88tat8, Ihatlt is probÈbk thatth8 aMOuntll be receNe(I bytt tharty, and the amount lo b8 r8[ed e4Th bè astimatad with sufflclent acracy, and thatany widitton8 attached to the18w are •illr ilhln tha control of Ihe ¢arlty or have been m¢t Vlhwe o payThntts r8ch•d from an estate cff ts nolfied a8 Toable bythe executoTr after th& rwrting d•ts a b&forg th8 actounts arg authortsed for kssue bul11 Is dear Ihallhe Y1rn1 h8d l)0on agrè&a by tha oxecutors port0 the •nd oftho perfod. thon Ihe omDLUrt concerned is As an adiuslng evenland acuued as in tl aaUnng p0rbJ W r8cipt18 1x0bab. èrè Ihè eharlty has estsbfbhed enlementl0 a g8cy but Ihere h uncartalnty to amLwntofth• p8y7n8n( detalb ofkn kgacyar&Jkndosed as a tyngent 0¥8gt until thè erfla for Income rncogn(l¢on arn met. Whete a leg Is su¥e¢t to th? inter8¥1 ofa Irf# t•nant. Ihg acy is r•)1(gnIsed as thcorne unOI the d98th ofth8 Iwe If#15 doul)lfvl Iho1fv11 $¢t¢loof8lOg8aY d8bknrlll be rel4¥, then an alent * m$da to rnthc thèamuntof th•18gacy dobtoraTh1 bJacy Income rnther than chargthg th8 adjuslmentA8 e)¥4ndthm in th• slatthn offirnal Re¢owiltlon of llabll1tl and expgndliur• A Ifablllty. and the rejated e¥pendNure, kn t8Cts3nlB8dtwhen a oroJn51ructivè oblwtion 45 •s a rnsujl ofa past e¥enL and wtsn11 more lkntythan notthat a trnnst8rofecor#rt beneffislI be requlrekl th s¢tllemenL th8n lh8 amouni of th• 0ti0Th can be measured ¢Y relbtye5tlmatsd.. L18$ artslr4J from future funthjng Mmen18 8r¥F COtruC1 oblwdalitins. theludlng perfornian Trlate¢J gran where Ihe ttmirvd or th? amount ofth?fityr• owdlbJr requlred to the abgaOn are uncerfath. rf$e io a prtsvtsion in thè aeeounts. whkh is rew*ed atthe acownllng yearwd. The pslon * Increa8ed to reflect any irth8se8 in tkqbll0& L8 decre by Ihe ofarby pro¥iwon in thg pw[[. and rfany psOrt provision relatos. Deblor6 are rngasurgd at re(YmT•bb rnnts al tha balaTrc8 shoet dakn. Currgnt•tsd In¥¢thents CunBnt 8858t invttbnwts arn TrN•skn•nts vthlch a hobJ$for re8th or pendirvd thgtr $81• and oreagh e4UNaknts vthh a mattM"tydale ofles5 than ongJBar. 0ft8n ovèknked,. rrent a19 tnvestrnenls tnrJJJd•: cath an d•posit O.& he11 sep3ratety from ca¥h JJ h0 to m8aishortthtwm CAimmltsnthts u Iheyfall I}.. Cash equNal8ntswilh 8 mabjrfty ofl•ss Ihan one ypar held for irlw5thTht pu. To ba da581 a5 8 rrIfit ass•( th•d)arity shouhl not Intend to hokl the ca8h orh of its on golng thvosknent for more thon onè rfr¢fft rwting dats. Cutt•ntass•tinYosts)wnts are Irthliy me88ured atcxAtd am rn-mè88urnd atth8irfalrvalu•. 19
Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Notss to the Accounts for th• y••r •nd•d 30 Juno 2023 Credltorn and wo¥thlo rthbty. Litt4Jltsu are re&¥n8d at lh• wn1 tho1 ts F¢JwMlaiion pgy b) dgbl orth• omounl tim dthg amounts rnqUts to Ihe V41ww the effertrfth? dmortey h rnatwth( the Fund A¢counOng app••l oru ty I. 2 U•blNty trj t•x•llon Tho TruIt (y) Ih•i tr ¢harlty Iiii• wi In P•r4i•ph 1 Sctsdul• 8 01 thè Fkn•nc• Ata 2010 for o)rpNitlon tlx purpcaw. tr• Ch•ilty rl ••npl frw t&x•th)n (n i•ip•ct of lfti¥Th or opll81 galns rnrAved tthln e4t•qath cvmd by tt•r 3 pjrt 11 of Ih Tax P%1 2010 or S•c¥on 288 of lh• T•Mdan ol Ch4ryg•bkn G•ln• kt 1992, 10 fv •xt•nt Ih•t IrKom• or g•bM •r• ap wu•l¥dy an Ilkg •F•cfflc thadtable obCt ol for rvJ att 41ded Tax * rKt by h dwrlty. WKI 3 Wlndlng up or dI•1u •llh• ¢h•rfty W upon dh8obJOon of tr chaiity trth• r•))th •)y lh• ••i•faclhx ol •U d•bts lbWtw. ch•rty depends on Ihe swpxt olb¥cary awBcilltsd. dwrity I 112 vone[S arKI spe¢klknt volunfÉers lth cl8, spent475 hwrs a the thWI Trn'8 and yourva Pgopb'i grouw li ts0stima that ib)oul thg lrti d¥rlur814 Ih F•81i¥al neal lofffld lh8 oft)ver£20.000 io oblaln strnlkgrservKw. Th ¥rraiynts are Val wedBety in mon81•ry
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Notss to the A¢¢ount8 for the yw ended 30 Junè 2023 6 D•fin•d ¢ontrlbutlon p•nsioTh Schgmos th•rity d¥1 Mt op8At• • dofined contrtbutlon penon dUTra Iho )W. 7 D•fin•d b•nofil p•n•lon acheme The chath nOtrn • d•fin8d barfftl0Tr Kom• durfnq th• swar. 8 R•mun•rntlon and plym1 to TnMteM and p•r•on• ¢onn•¢t•d wlth th•m No th11t• or pornon• conneL#ed vAth them re1¥0 any r•mun•rthn from th• rt•, af•ry r•lalod andty. g Inv••lm•nt poollng h•M And arr•ng•m•nts Thero w¢ro no Inve81m&nt poollng 8cheme8 and arrongmenols durtng th8 yo•r. 10 InTlMontr hd as ¢unYnt aM•t• at mark•tv•lu• It 30 Jun• X123 othor In¥wtrn•nts 11 Cr•dltorn: amoynts falNng du• Tlthln on• ymr 2023 2022 A¢au• 2,040 12 R•v•lu•llon v•••r¥• CtsMn¢y••r Ctsrr•nty••r eurroAty4•r PrtorY• Uhr•Atrfct•d RMirt¢t•d ToiAI Fund• Totsl Fur Fundi Fund• Cuff•nty•ar 202a 2023 20# At l Juty 2tr22 Tr•rYdf•rn 4Tr th• yoar At 30 Juft• 2023 13 Income and Exp•ndltyr• •cc4Juntsumm•ry 2023 2022 At 1 Juty 2022 sUl ol*rt8x for lh• yoAr 1,(,907 1.028.048 IB9.8851 41,881 At 30 2023 978,042 21
Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Notes to the Accounts for the year ended 30 June 2023 At 30 Jur* 2023 Totsl o•)1 0401 9TT.T49 At 1 2022 .179 IZ040) 120.708 1.069.547 110401 120 768 1.1x7.907 fryw4rdto Sllolltts 16 17 947.139 31,& (1MI 977,748 8rykxount Fuwj 1&788 {121,475) Totsi r8stslctsd fvnd 121A7 978041
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGFrrsBRIDGE SCHOOL EDUCATION FOUNDATION Not08 to the Accounts for the year ended 30 June 2023 16 Analysis ol fflovgmonts in fund$ ovor thg yur •$ $hown In Nots IS 0th8r Ineom• EXpdIr• GAlnB & In nI• 2023 Unrn8trtad R•v•nw Fura11 157.454 1125.8451 31.800 BurUrypjTrt Fund {121,5551 1121A7fj1 Galm and arn dol•ld In 0,0, O, O and O 17 D•tall• of tr•n•l•rn b•tw••D fvnd• 2023 T) UnlMbtr A•v•nu• Furth In e£¢rdanf 1h th• pd'AoYJIkn0 lorc•p grani• and fvndi,. 11,0001 N•ttr•n•f•M 1.000 18 Tho purpoM• forwhlch tho fund• a• ThM• fiJnd8 are for th• mo•tlr•J th• oblocto• ofthe charfty, •nd to provkde re8erve8 for luture athWe$, ond . 8ubhdto le919On, •r• frnb frtyn All r•thoM on th•lr ui•. Unre8lrfctod R•¥gnu• Fut¥ BlrnryfvAnt Furrtl Tha purpo•o 01th frJnd8 Is d•wlb•d und•rth• accounllng polky 'Acc4unUrvJ for t1 gronts gnd fixod fvJnd¢. 19 Ulllm•ts controlllng party The thority kn under the ojnbul of tt$18B81 mombarn. Every memberoftsw ¢hBrlty1g ob ed to ojntrfbut¥ 8uth omount• m•y bo roqulr8d not oxcodlng £1 to lh• amats of th8 C•)mp•ny In •v•nt Of b•thg Und upwhll• h• or* IJ • rn•mbor. orthln on• •r •ftor OT she co• to be o mthr.
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Deiallèd analysls ol In¢omo and •xp•ndfturn fof tho yoar ondod 30 Juno 2023 a• rnqulrod by t 2016 Thls analysls Is elasssmled by eonventlonalnomlnal dos¢rfpUon8 anaT not bya¢dvlty. 20 Oonatlon8, Grnnt• and Laga¢l88 Cwrr•niyear Cur¥•nty•ar Cumntyear Unmitslciqd Ra¢1•d Total Fund• FU1• Fun(l* t>on•tloro •nd glfA from Indlvldual• Donatknn8 ond glfts from Indlvldug18 IndudlnB Gtft Akl 148,375 146.375 Totsl doMtlon• and from Indlvldth•l• 148.378 116.376 Curmntyear Uny••td¢l•d Fund• Curr•ntyo•r Cumnty•ar Totsl Fund• Fund• 2023 L•gacl•• rwlv•bl• Legade8 r•calv8bl• Total log•cS•• rrf•fvabl• Totsl Donatlon•, Grant• and Logacle8 Total Donatlon•, Grnni• and L•gacl08 A1 146,376 146,405 21 Inve•tm•nt IDwn• Current y••r Currnnty•v ¢uYrnnty••r Unrfj•trlct•d R••lrf¢ted Totsl Fund• Fund• Fund• 2023 2023 2023 Bank Interest Recel¥able 11,079 11,079 T¢)tal In¥0Tht Incom• 11,079 11.079 24
Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGFrrsBRIDGE SCHOOL EDUCATION FOUNDATION Detalled anaty815 of Incom• and •xpMdIrn forth• y•w ondod JO Jun• 2023 x raqulrod by t 2015 22 Expendllur• on ¢harltAblo actlvltkn Grant fundlng d aetlvlllos T*1 Fw Cunwt Y•ar Fund• 23 Grants made to indivkluals 101.T20 121.555 223,274 Total grnnlm•klng ¢4)•ts 101.720 121.66$ 223,274 23 Support co•t• for eharltsbh aetlvlll•• Tolal Fun Cuff•nt Y•ar Advert65ing and marketlng 718 718 Ac¢ountancy fees other than examlnatlon or audK fees 240 Flnancl•l co818 Bank Charges 182 182 1,140 Total •upport co•ts- Curr•nt Y•ar 1,140 All the e>¥enthlure kn the fv yearwa8 wKe•l.
Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Dotalled analys18 of Incomo and frxponditurn for thfr y•ar ended 30 June 2023 u requlrod by t 2015 24 Oth•r Expendfturn. Govwnan¢e co•ts c11¥nIyaf CuwTrnt y1 Curr•nt y•ar Unvwtrl¢tod Reatslcted Totsl Fwtd• Fund• Fur#ts Current Year 2023 Ind8p8ndent Examlnèrfs fee 1.800 1.800 Totsl GowrMnc• co•ts 1,81JO All th• oyndtture In Iha prfor y1 wa• unre•trtthd. 25 Totsl Charftable expondlturn Cun•niy•r Curr•nlywr Curr•nl y••r Unrn•trl¢t•d R•gtsl¢t•d TO1 F1• Fund• Fund• 2023 Cuffant Y••r Total grantmaking cost8 Total support costs Total Governance costs 101,720 1,140 1,800 121,SSS 221274 1.140 1,800 B2d Total ChrItab •xp•nd1rn Al tho èyndtture In tho prfor yw unr•8lrlthd. Prfor Y•#r Prlorywr Prfory UnMtrl¢l•d RMtrl¢t•d Total Fund• Fund• Funth 2022 Total grantmaklng costs Total support costs Total Govem8nce Costs B2¢ B2d 135,939 1.IJ07 136.939 1,007 1MIO Tolal ¢harllabl• expendlture 138.746
Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGFrrsBRIDGE SCHOOL EDUCATION FOUNDATION Dolailed anatyw of income and expendhure for the year WKlod 30 June 2023 as requlred by t 2015 Current Year 2023 Cost of fundrak8ing aclivitss 21.185 21.185 Total fundrnlBlng co•ts B1 21.185 21.186 AJI the *y4Jen¢frturn In ts wlor yewtAW unre&rkt•l. 27