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 In￿me and Exp•ndtture •¢count SummAry offund• 12 13 13 14 16 18 B•l•nM •h••t Not•• to a￿o￿ni¥ 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 2￿23. 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 kno￿Tr 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)mpany18gislation. There are no reSt￿￿On8 in Ihe 90¥omSng on the operation oflhe Ch*ity w on its inbwlment p0￿rS other than thos8 imposed by Cherity L¥w. By OP8Tation of law all. trustees ore dlrethrs underthe Companies A¢t 2006 and &ll directors are trustees under ChariUe$1gglslallon and have res￿n81b111II8S. as such. under both ￿rnpanY and chority leglslatlon. The Iwstee8 art all irKlividuals. Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGbrrsBRJDGE SCHOOL EDUCATION FOUNDATION Trustee8' Annual Report for the year ended 30 June 2023 Knigl￿dg8 SdKK)J sw1X￿D NlchoLw Anton Dann Chrfsllane El*•nbaeh Elleno Davldgon Grayken Caroline Cartdllarf K Claudla Nahrnth Georye H•w D•lrymrAg Oll¥or Val•ntlTra Pan re*natton dUrf￿ the y**Ere:. XAiA022 Chrlsdane Elsenlwch Eil•n¢ D•vldson Gray 21Aff2022 Ilaithew Jordan i&t1212014 18A16r1018 rt112022 Clau(Ua Nahrnlh 21rt1r￿22 Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Company Reglstralon NLThber. 06269081 T￿￿tee8. Annual Report for the year ended 30 June 2023 Objocts and actlvltles of the charlty Tho purposes of the charlty as set out in its governing documen Est8bTh8hod In 2007.1(nlghtsbrfdg8 Sthool Edu¢xtion Foundalion (KSEF) 18 a registered charity Ythith works do8ety with but entirety independent of Knightsb￿d￿ School (KS). The Foundation's obsecbves are the furtherance of educalon through KS and to [￿O￿ote such olher tivitses o)nnected to the advancement of educat(￿ which are d)8ril#ble. The main activities undertaken In relatlon to those Pu￿0$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* pUry￿e for the public benefi The Foundalion wll focus on promcrting thè personal developmenl edU￿￿0Th of people In the wk1er CA)mmunty. We VAI pui0d1￿￿Y review tyjr aetivili•s to ensurn vffj respond to the ebrjlving nature ofcurrent needs. trustees have had regard to Charity CommSs*n¥ 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 SUPF*NL 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 a￿dern[c abilty and w*ro 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 beY￿d Knightsbridge, this involves ap￿yIng for stholar8hipB and grants to geeijndary schools. We are cu￿n11Y 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 p￿de ¢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 di￿rnIn8te and is th¥ p0￿rful 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 f￿an￿al 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 expWIer￿e8 tr chldT8n kn the I(￿1 cLthmffj Nnalns a central part ofthg WO￿ of Thli funded Art to 15 trildr￿ awl 411 at F*im8ry Sdml <0 httpBjAv#aT.kxt.￿W. We supported Atrthjmham CthiNNnity *ith a grant to fund Welt LfAMlon z￿1•, off•rn •p8d8U* Support to 40 thiklren for thè full &¥d•mtc y•01 {• w**T.*wu￿￿.orgI. W88t London Z IWLZ) 18 charrty that hdps chlidren and >•ung pwplo th• relat10￿1P& 8ki118 they need to got on tr•d(8od8tty. arKI *L*dan￿1￿, In 4xdw lo thrk40 In adultr￿1. In •Jdltion. A8htroJmham re¢elved a grnnl to P￿￿9 Slng Educallon to 180 ¢*wldren I hltysJl7y#w.$lrip8ducation.￿.uwj. dev•bp8d re$ll* Porn￿erM and the ¢hlldr•n of b*iwbng lo ts ￿h0O1. la¥ekn of ￿41 deprfvokn In fv Unltod lQnwbJm (kn inthTh￿, ￿hl*JMhQrn ha8 72% of thNdr•n qual￿￿1n4 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￿•r￿4 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 be￿me a Member ofthe Charity arKI sw and have his name ente￿d 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 Charit￿8 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 pu￿SeS 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 tn￿ttsts 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• Ir￿leaS 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 Chr￿S 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 Trust￿8. Responslbllltles The tharity8 truBtees are rew8iblo forthe preparatton oftho acc￿Unts in ac£ordanc8 wllh tha of Ihp Companies Act 2006, the CharTties Act 2011 the Charities lAr￿unIS and Rep(¥t8) Regu181ton$ 2(*)8. Notrilh$tsndlrvJ the explidl requirement in the extant slaiutory r8gulations.lhe Charities {A0￿unts 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 acr￿untIng 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 acc￿nts in oo>)rd8nc* vAth Unit•d lfjngdom Gen8r8llyArLepted AccoLmting Practic• (Uniled Kingdom A0))Unth￿ Stand8rd8 applIc&b￿ lawl. - 8o*t Suitab￿ accounling poliaes and apply them consistentty; - rnake judgement8 and eBtimats8 tho1 are rea￿nable and prudent.. - prepare the financial ststement8 on the going concem b￿1¥ unles¥ tt Inapproprtate lo presumo that th8 tharity I￿11 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 a￿D￿nting record8 whtch disd089wilh r¢asonabte ao)Jracy at any lime the finan￿al 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 i￿e9￿1*r111o8. 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 resFOns￿1￿ty of tho Independent Examkngr in rn18Yon to the T￿￿tee8. reF*Jt Is ￿miled to &YaM￿lI￿A 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 stat￿Trts ha￿ bw) prepargd Ihe FRS 102 SORP {StAtemenl of R¢cornmended Pradicti forAceounting and Repthng by Charm￿) 2019. to 0118cut uftdw 1145 oftho kl. In rrylr¥J cwjt my •x•mlnaUon, I have follo*ed 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)Mtderobon of •ny unusual Iterns or dl¥doBU in the fingn¢io1 $tstem¢nis, ar￿ seeking ewlanattong Irom you, 88 Twsteos, conc8mlr4J su(* m8tt•r8. Th• puryyos• ofthe examinalon15 lo establSsh as far as p0881bKg that there havè b￿n no bmc*o8 ofchaiity lèglslation and IhaL on a lesl b891$ ol ev149nc¢ rglw•nl to tho ¥mounts 8ThJ d18do8ure8 made. the fjnanrAal statements compty with tho SORP. The procedur8s uThlertak￿ do notprovldo all ￿den(* that woukl bè rn4ulr8d In an aud￿ 8nd inftymation suppligd by th& Tru$lo88 in th¢ cours? of th? examination is not Bubiectsd tc audittesls or ￿ulneS and does not (y)ver all the matters thet an oudknr ￿￿k1 conskler In athvlng at an oplnlon. The plannkng aftd c(Jndu¢tol8n audr( go8S teyond th8 as8ur8nc¢ Ihal an indopendenl ox8miThptit)n ¢an provido 10 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 malw*l resp•*. 8rrtl Section 130 of The Charthes Ad 2011: hab* Th￿ba•n sxeparnj in actfjrdanc* wilh melhxts and ryinLW s* CArt in the FRS 11Y2 SORP >)￿tir￿j rAr￿AlS Wn*YJ cffl 1stJ*MAry2019). (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 year9nd￿l 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 41￿1 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¢¢aunu*W browdht*Jw•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 0￿ralIanS 146.45S 213,298 Inv•stmMt income Intsre￿ rec*lvabk• 11.079 1,993 167.634 214291 Gloss In¢orna lThtheyov InGludlng •xc•pllonal Ilems 167,534 214291 Charitth expendllure. 0Xd￿Ikng 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 acthrdarKe*Mh the PM￿$10￿ ofthe CompaTrkg Art20C6. thg h#dlng$ ar￿ 8ubh8•llng$ u¥•J Incwp or ac•xunt ha¥e b*n 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 a￿1 in hand 10 B3 400.000 580.083 1,069,947 T¢)tsl ¢uffeTht al￿1& 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 dor￿Ments. 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 $ectton 477 of the Compan¢e8 Act 2006. Th8 memb￿5 hava not required the (y)mpany to obtdn an owllt In aiY4ythnce wlth 476 of the Act The dlre¢lors ackn￿￿0dge their responslbifibes for ¢xmptysng vAih the requlremenl8 of the Cor￿an1e$ 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¢us￿nIdtsy'. 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* ￿￿oUnti￿j ar￿ Chariiwl 2019, OFpk¥t*lo te9lnnthg on or 8ft8r 1¥1 Jarwry2019). sc￿), try Chwdy CL¥Mn￿￿￿ h Ewknnd & Wths {CCEW), Jn Kcoffdanr*wAh 8a tn the charity8 dwi*rntion. ex¢eptthatth8 clwitylws FK8pgfBd ts fmoniyal 8ts*ments 2019. aWKabla to all accoJntiNJ t¢ginniTrJ oftor 1¥lJanLWy 20191. SORP). ￿ Wgr8nc8 to tho rByuLqtioTrJ. th? C1w￿¢S INwJunL8 ￿ ReFK)tsl R•gukntK￿2(Th Trfwe)plb*to ts SORP 2005. has keon ISOFW ￿ a r￿Nab￿ bm Y*lt•n a tra￿1r￿ 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 aMOunt￿ll be receNe(I bytt* tharty, and the amount lo b8 r8[￿ed e4Th bè astimatad with sufflclent ac￿racy, and thatany widitton8 attached to the18w are •ill*r *ilhln tha control of Ihe ¢*arlty or have been m¢t Vlhwe o payThntts r8c*h•d from an estate cff ts nolfied a8 To￿￿able bythe executoTr after th& rwrting d•ts a b&forg th8 actounts arg authortsed for kssue bul11 Is dear Ihallhe ￿Y1r￿n1 h8d l)0on agrè&a by tha oxecutors p￿ort0 the •nd oftho perfod. thon Ihe omDLUrt concerned is As an adiuslng evenland acuued as in tl a￿aUn￿ng p0rbJ W r8c*ipt18 1x0bab￿. èrè Ihè eharlty has estsbfbhed en￿lementl0 a *g8cy but Ihere h uncartalnty ￿ to amLwntofth• p8y7n8n( detalb ofkn kgacyar&Jkndosed as a ￿tyngent 0¥8gt until thè erfl￿a 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 $¢t¢lo￿of8lOg8aY d8bknr*lll be rel4¥￿, then an a￿l￿￿ent * m$da to rnthc* thèamuntof th•18gacy dobtoraTh1 bJacy Income rnther than chargthg th8 adjuslmentA8 e)¥4ndthm in th• slatthn￿ offir￿n￿al 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 beneffis￿lI be requlrekl th s¢tllemenL *th8n lh8 amouni of th• 0￿￿ti0Th can be measured ¢Y rel*btye5tlmatsd.. L￿1￿8$ artslr4J from future funthjng ￿M￿men18 8r¥F CO￿truC1￿* oblwdalitins. theludlng perfornian￿ Trlate¢J gran where Ihe ttmirvd or th? amount ofth?fityr• owdlbJr* requlred to the ab￿ga￿On are uncerfath. rf$e io a prtsvtsion in thè aeeounts. whkh is rew**ed atthe acownllng yearwd. The p￿slon * Increa8ed to reflect any irth8se8 in tkqbll￿0& L8 decre￿￿ by Ihe ofarby pro¥iwon in thg pw[￿[. and rfany p￿s￿Ort provision relatos. Deblor6 are rngasurgd at re(YmT•bb rnnts al tha balaTrc8 shoet dakn. Currgnt•tsd In¥¢thents CunBnt 8858t invttbnwts arn TrN•skn•nts vthlch a hobJ$for re8th or pendirvd thgtr $81• and oreagh e4UNaknts vthh a mattM"tydale ofles5 than ongJBar. 0ft8n ovèknked,. ￿rrent a￿19 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 irlw5th￿Tht pu￿. To ba da58￿1 a5 8 ￿rrIfit ass•( th•d)arity shouhl not Intend to hokl the ca8h or￿h of its on golng thvosknent for more thon onè ￿rfr¢fft rwting dats. Cutt•ntass•tinYosts)wnts are Irthliy me88ured atcxAt*d 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&¥n*8d at lh• wn￿￿1 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￿ w*u•l¥dy an Ilkg •F•cfflc thadtable ob￿Ct* 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 l*bWtw. ch•rty depends on Ihe swpxt olb¥ca￿ry awBcilltsd. dwrity I￿￿ 112 vo￿n￿e[S arKI spe¢klknt volunfÉers *lth cl￿*8, spent475 hwrs a the thWI Trn'8 and yourva Pgopb'i grouw li ts0stima￿ that *ib)oul thg lrti d¥rlur*814 Ih F•81i¥al neal lofffld lh8 oft)ver£20.000 io oblaln strnlkgrservKw. Th ¥rraiy*nts 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 pen￿on ￿ dU￿Tra Iho )W. 7 D•fin•d b•nofil p•n•lon acheme The chath nOt￿rn￿ • d•fin8d bar*fft￿￿l0Tr K*om• durfnq th• swar. 8 R•mun•rntlon and plym￿1* to TnMteM and p•r•on• ¢onn•¢t•d wlth th•m No th11t•￿ or pornon• conneL#ed vAth them re￿1¥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 InT￿lMontr h￿d as ¢unYnt aM•t• at mark•tv•lu• It 30 Jun• X123 othor In¥wtrn•nts 11 Cr•dltorn: amoynts falNng du• T*lthln 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 s￿￿Ul 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 •$ $hown In Nots IS 0th8r Ineom• EXp￿dI￿r• GAlnB & In ￿nI• 2023 Unrn8tr*tad R•v•nw Fura11 157.454 1125.8451 31.800 BurUryp￿￿jTrt Fund {121,5551 1121A7fj1 Galm and arn dol•l￿d In 0,0, O, O and O 17 D•tall• of tr•n•l•rn b•tw••D fvnd• 2023 T￿) UnlMbtr￿ A•v•nu• Furth In *e£¢rdanf* ￿1h th• pd*'AoYJ￿Ikn0 lorc•p grani• and fvndi,. 11,0001 N•ttr•n•f•M 1.000 18 Tho purpoM• forwhlch tho fund• a• ThM• fiJnd8 are for th• mo•tlr•J th• obloct￿o• ofthe charfty, •nd to provkde re8erve8 for luture athWe$, ond . 8ubhdto le919￿￿On, •r• frnb frtyn All r•thoM on th•lr ui•. Unre8lrfctod R•¥gnu• Fut¥ BlrnryfvA￿nt Furrtl Tha purpo•o 01th￿ frJnd8 Is d•wlb•d und•rth• accounllng polky 'Acc4unUrvJ for t*￿￿1 gronts gnd fixod fvJnd¢. 19 Ulllm•ts controlllng party The thority kn under the ojnbul of tt$18B81 mombarn. Every memberoftsw ¢hBrlty1g ob ed to ojntrfbut¥ 8uth omount• m•y bo roqulr8d not oxc*odlng £1 to lh• amats of th8 C•)mp•ny In •v•nt Of￿ b•thg ￿Und upwhll• h• or*￿ IJ • rn•mbor. orthln on• ￿•r •ftor OT she co• to be o mthr. Docusign En¥ÈlopÈ ID." D3976EA&3B9A4922-8530-15AECAE2CD54 KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION Deiallèd analysls ol In¢omo and •xp•ndfturn fof tho yoar ondod 30 Juno 2023 a• rnqulrod by t 2016 Thls analysls Is elasssmled by eonventlonalnomlnal dos¢rfpUon8 anaT not bya¢dvlty. 20 Oonatlon8, Grnnt• and Laga¢l88 Cwrr•niyear Cur¥•nty•ar Cumntyear Unmitslciqd Ra￿¢1•d Total Fund• FU￿1• Fun(l* t>on•tloro •nd glfA from Indlvldual• Donatknn8 ond glfts from Indlvldug18 IndudlnB Gtft Akl 148,375 146.375 Totsl doMtlon• and from Indlvldth•l• 148.378 116.376 Curmntyear Uny••td¢l•d Fund• Curr•ntyo•r Cumnty•ar Totsl Fund• Fund• 2023 L•gacl•• rwlv•bl• Legade8 r•calv8bl• Total log•cS•• rrf•fvabl• Totsl Donatlon•, Grant• and Logacle8 Total Donatlon•, Grnni• and L•gacl08 A1 146,376 146,405 21 Inve•tm•nt IDwn• Current y••r Currnnty•v ¢uYrnnty••r Unrfj•trlct•d R••lrf¢ted Totsl Fund• Fund• Fund• 2023 2023 2023 Bank Interest Recel¥able 11,079 11,079 T¢)tal In¥￿￿￿0Tht Incom• 11,079 11.079 24 Docusign EnvÈlope ID." D3978EA>3B9A4922-853tk15AECAE2CD54 KNIGFrrsBRIDGE SCHOOL EDUCATION FOUNDATION Detalled anaty815 of Incom• and •xpMdI￿rn forth• y•w ondod JO Jun• 2023 x raqulrod by t 2015 22 Expendllur• on ¢harltAblo actlvltkn Grant fundlng d aetlvlllos T￿*1 Fw Cunwt Y•ar Fund• 23 Grants made to indivkluals 101.T20 121.555 223,274 Total grnnlm•klng ¢4)•ts 101.720 121.66$ 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 c￿11¥nIy*af CuwTrnt y￿1 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 y￿1 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￿ F￿￿1• 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•nd1￿rn 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