2025-06-30-accounts

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

Company Registration Number - 06269081

The Charity Registration Number is :- 1120970

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Report and Accounts

30 June 2025

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Report and accounts for the year ended 30 June 2025

Contents

	Page
Charity information		1
Trustees' Annual Report		1
Statement of directors' responsibilities		8
Independent Accountant's Report		10
Funds Statements:-
Statement of Financial Activities		12
Statement of Financial Activities - Prior Year statement		13
Statement of total recognised gains and losses		14
Revenue Funds		15
Income and Expenditure account		16
Summary of funds		16
Balance sheet		16
Notes to the accounts		19

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Company Registration Number - 06269081

Trustees' Annual Report for the year ended 30 June 2025

The Trustees present their Report and Accounts for the year ended 30 June 2025, which also comprises the Directors' Report required by the Companies Act 2006.

Reference and administrative details

The charity name.

The legal name of the charity is:- KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION.

The charity is also known by its operating name, KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION.

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1120970.

The charity does not operate in any overseas jurisdictions.

Legal structure of the charity

The charity is constituted as a company limited by guarantee, registered under the Companies Acts . The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.

The trustees are all individuals.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Company Registration Number - 06269081

Trustees' Annual Report for the year ended 30 June 2025

The principal operating address, telephone number, email and web addresses of the charity are:-

Knightsbridge School 67 Pont Street, London SW1X 0BD Telephone [phone]

Email Address [e-mail] Web address http://www.ksfoundation.org/

The registered office of the charity for Companies Act purposes is the same as the operating address shown above.

The Trustees in office on the date the report was approved were:-

Christiane Elsenbach

George Hew Dalrymple Oliver

Matthew Jordan Nicholas Anton Dann Theodoros Giatrakos Valentina Pan

The following persons served as Trustees during the year ended 30 June 2025 :-

The trustees who served as a trustee in the reporting period, and, if applicable, their dates of appointment or resignation during the year were:-.

Name	Appointed		Resigned
Christiane Elsenbach		28/05/2015
Claudia Nahrath		04/04/2019		01/09/2025
Eilene Davidson Grayken		22/02/2022		13/05/2025
George Hew Dalrymple Oliver		21/11/2022
Kristen Davies		01/10/2024		01/09/2025
Matthew Jordan		10/02/2014
Nicholas Anton Dann		04/10/2023
Theodoros Giatrakos		01/09/2025
Valentina Pan		13/05/2013

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Company Registration Number - 06269081

Trustees' Annual Report for the year ended 30 June 2025

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

Established in 2007, Knightsbridge School Education Foundation (KSEF) is a registered charity which works closely with but entirely independent of Knightsbridge School (KS).

The Foundation’s objectives are the furtherance of education through KS and to promote such other activities connected to the advancement of education which are charitable.

The main activities undertaken in relation to those purposes during the year.

Developing and supporting the use of the resources and facilities of Knightsbridge School for the benefit of the community. Working in cooperation with local state primary schools on joint projects.

Fund raising for the purpose of providing scholarships and bursaries to talented pupils whose family financial circumstances would not otherwise enable them to attend fee-paying private schools.

Assist in the building and development of further facilities at the School’s site and to assist with the procurement, development and use of ancillary facilities for sporting, artistic and other creative events for the benefit of the community generally.

The main activities undertaken during the year to further the charity's purpose for the public benefit.

The Foundation will focus on promoting the personal development and education of people in the wider community. We will periodically review our activities to ensure we respond to the evolving nature of current needs.

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Company Registration Number - 06269081

Trustees' Annual Report for the year ended 30 June 2025

The main achievements and performance of the charity during the year.

Since its inception, the total number of children who have received support from the Knightsbridge School Education Foundation (KSEF) has risen to 30. Currently, 12 students are benefiting from the KSEF bursary programme at Knightsbridge School, spanning Years 8 to 11 in this academic year.

Demand for our Bursary Programme has remained stable compared to previous years. Children are selected based on academic ability and undergo a means-testing process conducted by an independent organisation to ensure transparency and fairness.

During the year, four bursary pupils progressed from Knightsbridge School to secondary schools, including Charterhouse, Latymer, Uppingham and Wymondham College. These outcomes demonstrate the strong academic and pastoral foundations provided through the bursary programme.

Since its establishment, the Foundation has supported 30 students through the bursary programme. The impact of this support continues beyond KS, with former bursary pupils progressing to leading schools, higher education and professional careers. The Foundation continues to maintain relationships with former bursary students and encourages mentoring, career advice and internship opportunities through the KS parent and alumni community.

The difference the charity's performance during the year has made to the beneficiaries of the charity.

Knightsbridge School offers a unique educational experience to its students while being an integral part of a broader community. We believe that education is a powerful tool for changing the world, and we strive to extend our impact beyond the Blue Door, transforming lives one child at a time.

Since its inception, KSEF has raised nearly £2.3 million in support of its charitable activities. Donations remain essential to sustaining the Foundation’s bursary commitments and community programmes. Broadening educational experiences for children in the local community remains a central focus of the Foundation’s work. The Foundation continues to strengthen its partnerships with two local maintained primary schools—Ashburnham Primary School and Marlborough Primary School—both located within close proximity to Knightsbridge School.

Since 2019, the Foundation has supported Ashburnham Primary School by funding mental-health provision delivered in partnership with AllChild, a specialist children’s mental-health charity. A dedicated AllChild link teacher works with the school, providing therapeutic and emotional support to 40 children and contributing to improved wellbeing, behaviour and engagement in learning. The Foundation has also continued its support of Marlborough Primary School, funding art provision and creative learning programmes that enhance pupils’ access to artistic education and enrichment activities. These programmes help strengthen creative confidence, broaden curriculum engagement and support self-expression across year groups.

Despite their proximity to Knightsbridge School, both primary schools face significant social challenges. Ashburnham Community School, for example, has levels of disadvantage significantly above the national average, making this support particularly valuable.

The schools are immensely grateful for the Foundation’s continued support, which is making a meaningful difference to their students’ learning, wellbeing and sense of belonging within their school communities.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Company Registration Number - 06269081

Trustees' Annual Report for the year ended 30 June 2025

The degree to which the achievements and performance during the year have benefited wider society.

Broadening educational experiences for children in the local community remains a central focus of the Foundation’s work. We continued to strengthen our partnerships with two local maintained primary schools—Ashburnham Community School and Marlborough Primary School—both located within a short walk of KS.

This year, we once again funded art therapy for 15 children aged 4 to 11 at Marlborough Primary School, in partnership with London Creative Arts Therapy (https://www.lcat.org.uk/).

We also continued to support Ashburnham Community School with a grant to fund AllChild (formerly West London Zone), a charity that provides specialist support to 40 children through a dedicated link worker for the full academic year as part of a two-year programme (https://www.allchild.org/). AllChild helps children and young people build the relationships and skills needed to thrive socially, emotionally, and academically.

These projects have promoted good mental health and well-being, improved fitness, developed resilience, and strengthened the children’s sense of belonging to their school community.

Despite their proximity to Knightsbridge School, both primary schools face significant social challenges. Ashburnham Community School, for example, has 72% of its children qualifying for free school meals—more than three times the national average.

The schools are immensely grateful for KSEF’s continued support, which is making a profound difference to their students’ learning and to the well-being of the wider community.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Company Registration Number - 06269081

Trustees' Annual Report for the year ended 30 June 2025

Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

The Board may appoint any person who is able and willing to act as a new or additional Trustee and each Trustee shall, upon appointment as a Trustee, consent to become a Member of the Charity and sign and have his name entered in the Register of Members.

Bankers Weatherbys Ltd, 52-60 Sanders Road, Northamptonshire, NN8 4BX Bankers Lloyds Bank PLC, 25 Gresham Street, London EC2V 7HN Bankers Barclays Bank PLC, 1 Churchill Place, London E14 5HP Financial review

The charity's financial position at the end of the year ended 30 June 2025

The financial position of the charity at 30 June 2025 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Restricted Revenue Funds Total Funds Unrestricted Revenue Funds available for the general purposes of the charity Net income	2025 £ (202,097) 753,531 718 754,249	2024 £ (21,697)
		956,053 8,768
		964,821

Financial review of the position at the reporting date, 30 June 2025 .

The trustees consider the financial performance by the charity during the year to have been satisfactory.

Policies on reserves.

The Foundation's reserves policy is to maintain sufficient unrestricted income reserves to enable it to meet its short-term financial obligations in the event of an unexpected revenue shortfall. The reserves policy is monitored on a regular basis during the trustees meetings with the charity achieving its target for the year ended 30 June 2025.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Company Registration Number - 06269081

Trustees' Annual Report for the year ended 30 June 2025

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Details of The Independent Examiner

Christos Liondaris Member of Association of Certifed Public Accountants 1st Floor Woodgate Studios 2-8 Games Road Cockfosters EN4 9HN

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Company Registration Number - 06269081

Trustees' Annual Report for the year ended 30 June 2025

Statement of the Directors' and Trustees' Responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .

In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-

• to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

• select suitable accounting policies and apply them consistently;

• make judgements and estimates that are reasonable and prudent;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;

• state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material

• departures disclosed and explained in the financial statements;

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Company Registration Number - 06269081

Trustees' Annual Report for the year ended 30 June 2025

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

Method of preparation of accounts - Small company provisions

The financial statements are set out on pages 12 to 28.

The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)

These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

This report was approved by the board of trustees on 13 March 2026.

MRS CHRISTIANE ELSENBACH Director and Trustee

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 30 June 2025

I report to the Trustees on my examination of the financial statements of the charitable company on pages 12 to 28 for the year ended 30 June 2025 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 19.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 8, you, the charitable company's Trustees, who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

Independent Examiner's Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Signed:-

Christos Liondaris - Independent Examiner

Association of Certifed Public Accountants 1st Floor Woodgate Studios 2-8 Games Road Cockfosters EN4 9HN

This report was signed on 13 March 2026

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Statement of Financial Activities for the year ended 30 June 2025

Statement of Financial Activities (including the Income and Expenditure Account for the year ended 30 June 2025, as required by the Companies Act 2006)

Current year Unrestricted Funds 2025 £ Income & Endowments from: Donations & Legacies A1 98,427 Investments A4 3,924 Total income A 102,351 Expenditure on: Raising funds B1 32,150 Charitable activities B2 300,032 Total expenditure B 332,182 Net gains on investments B4 27,309 Net income for the year (202,522) Net income after transfers A-B-C (202,522) (202,522) Reconciliation of funds:- E Total funds brought forward 956,053 Total funds carried forward 753,531 SORP Ref Net movement in funds	Current year Restricted Funds 2025 £ 425 - 425 - - - - 425 425 425 293 718	Current year Total Funds 2025 £ 98,852 3,924 102,776 32,150 300,032 332,182 27,309 (202,097) (202,097) (202,097) 956,346 754,249	Prior Year Total Funds 2024 £ 233,979 11,557
			245,536
			21,311 273,796
			295,107
			27,874
			(21,697)
			(21,697)
			(21,697) 978,043
			956,346

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A Statement of Total Recognised Gains and Losses is included as a primary statement in these accounts.

All activities derive from continuing operations

The notes attached on pages 19 to 28 form an integral part of these accounts.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Statement of Financial Activities for the year ended 30 June 2025

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP

Income & Endowments from: Donations & Legacies A1 Investments A4 Total income A Expenditure on: Raising funds B1 Charitable activities B2 Total expenditure B B4 Net income for the year Transfers between funds C Net income after transfers Reconciliation of funds:- E Total funds brought forward Total funds carried forward Net movement in funds SORP Ref Net gains on investments	Prior Year Unrestricted Funds 2024 £ 233,979 11,557 245,536 21,311 265,321 286,632 27,874 (13,222) (8,475) (21,697) (21,697) 977,750 956,053	Prior Year Restricted Funds 2024 £ - - - - 8,475 8,475 - (8,475) 8,475 - - 293 293	Prior Year Total Funds 2024 £ 233,979 11,557
			245,536
			21,311 273,796
			295,107
			27,874 (21,697) -
			(21,697)
			(21,697) 978,043
			956,346

All activities derive from continuing operations

A Statement of Total Recognised Gains and Losses is included in these accounts as a separate primary statement

The notes attached on pages 19 to 28 form an integral part of these accounts.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Statement of Financial Activities for the year ended 30 June 2025

Statement of Total Recognised Gains and Losses for the year ended 30 June 2025

Surplus for the year :- Realised gains on disposals of social investments which are programme related Income from operations before tax in the Statement of Financial Activites Realised gains on the disposal of investments Surplus as shown in the Income and Expenditure account Net Movement in funds before taxation Funds generated in the year as shown on Statement of Financial Activities Net excess of income over expenditure from operations before tax	2025 £ (229,406) - (229,406) 27,309 (202,097) (202,097) (202,097)	2024 £ (49,571) -
		(49,571) 27,874
		(21,697)
		(21,697)
		(21,697)

The notes attached on pages 19 to 28 form an integral part of these accounts.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Statement of Financial Activities for the year ended 30 June 2025

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Resources applied in the year ended 30 June 2025 towards fixed assets for Charity use:-

ended 30 June 2025 towards fixed assets for Charity use:-
Funds generated in the year as detailed in the SOFA Net resources available to fund charitable activities	2025 £ (229,406) (229,406)	2024 £ (49,571)
		(49,571)

The notes attached on pages 19 to 28 form an integral part of these accounts.

Movements in revenue and capital funds for the year ended 30 June 2025

Revenue accumulated funds

Unrestricted Funds 2025 £ Accumulated funds brought forward 956,054 (202,522) 753,532 Closing revenue funds 753,532 Summary of funds Unrestricted and Designated funds 2025 £ Revenue accumulated funds 753,532 Recognised gains and losses before transfers	Restricted Funds 2025 £ 293 425 718 718 Restricted Funds 2025 £ 718	Total Funds 2025 £ 956,347 (202,097) 754,250 754,250 Total Funds 2025 £ 754,250	Last year Total Funds 2024 £ 978,043 (21,697)
			956,346
			956,346
			Last Year Total Funds 2024 £ 956,346

The notes attached on pages 19 to 28 form an integral part of these accounts.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Statement of Financial Activities for the year ended 30 June 2025

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Income and Expenditure Account for the year ended 30 June 2025 as required by the Companies Act 2006

Income Income from operations Realised Gains on the disposal of investments Interest receivable Gross income in the year before exceptional items Gross income in the year including exceptional items Expenditure Charitable expenditure, excluding depreciation and amortisation Fundraising costs Governance costs Total expenditure in the year Tax on surplus on ordinary activities Retained surplus for the financial year Net income after tax in the financial year Net income before tax in the financial year Investment income	2025 £ 98,852 27,309 3,924 130,085 130,085 298,232 32,150 1,800 332,182 (202,097) - (202,097) (202,097)	2024 £ 233,979 27,874 11,557
		273,410
		273,410
		271,996 21,311 1,800
		295,107
		(21,697) -
		(21,697)
		(21,697)

All activities derive from continuing operations

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 19 to 28 form an integral part of these accounts.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Balance Sheet as at 30 June 2025

		SORP
	Note	Ref		2025		2024
				£		£
Current assets		B
Investments held as current assets	11	B3	660,183		632,874
Cash at bank and in hand		B4	96,107		325,513
Total current assets			756,290		958,387
Creditors: amounts falling due within
one year	12	C1	(2,040)		(2,040)
Net current assets				754,250		956,347
The total net assets of the charity				754,250		956,347
The total net assets of the charity are	funded	by the	funds of the	charity, as follows:-
Restricted funds
Restricted Revenue Funds	15	D2	718		293
				718		293
Unrestricted Funds
Unrestricted Revenue Funds	15	D3	753,532		956,054
				753,532		956,054
Designated Funds
				-		-
Total charity funds				754,250		956,347

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA.

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 11.

The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION - Balance Sheet as at 30 June 2025

MRS CHRISTIANE ELSENBACH

Trustee Approved by the board of trustees on 13 March 2026

The notes attached on pages 19 to 28 form an integral part of these accounts.

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Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Notes to the Accounts for the year ended 30 June 2025

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Risks and future assumptions

The charity is a public benefit entity.

Policies relating to categories of income and income recognition.

Nature of income

Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Categories of Income

Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.

Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.

Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Dividends are accrued when the shareholder’s right to receive payment is established.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

19

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Notes to the Accounts for the year ended 30 June 2025

Income from legacies

Income from legacies is recognised when the charity has sufficient evidence that a gift has been left to them, that where required, probate has been granted, the executor is satisfied that the property in question will not be required to satisfy claims in the estate, that it is probable that the amount will be received by the charity, and the amount to be received can be estimated with sufficient accuracy, and that any conditions attached to the legacy are either within the control of the charity or have been met.

Where a payment is received from an estate or is notified as receivable by the executors after the reporting date and before the accounts are authorised for issue but it is clear that the payment had been agreed by the executors prior to the end of the reporting period, then the amount concerned is treated as an adjusting event and accrued as income in the accounting period if receipt is probable.

Where the charity has established entitlement to a legacy but there is uncertainty as to the amount of the payment, details of the legacy aredisclosed as a contingent asset until the criteria for income recognition are met. Where a legacy is subject to the interest of a life tenant, the legacy is not recognised as income until the death of the life tenant.

If it is doubtful that full settlement of a legacy debtor will be received, then an adjustment is made to reduce the amount of the legacy debtor and legacy income rather than charging the adjustment as expenditure in the Statement of Financial Activities

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Policies relating to assets, liabilities and provisions and other matters.

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Current asset investments

Current asset investments are investments which a charity holds for resale or pending their sale and cash or cash equivalents with a maturity date of less than one year. Often overlooked; current assets investments include:

• •cash on deposit (i.e. held separately from cash which is held to meet short-term commitments as they fall due);

• •cash equivalents with a maturity of less than one year held for investment purposes.

To be classified as a current asset, the charity should not intend to hold the cash or cash equivalents as part of its ongoing investment activities for more than one year from the reporting date.

Current asset investments are initially measured at cost and are subsequently re-measured at their fair value.

20

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Notes to the Accounts for the year ended 30 June 2025

Creditors and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Foundation anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

Financial instruments including cash and bank balances

Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.

All financial assets and liabilities measured at fair value, the basis for determining fair value, including any assumptions made when using a valuation technique.

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.

There are no endowment funds.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4 Significance of financial instruments to the charity's position

There are no significant implications of such matters.

5 Investment gains

Current Year Realised gains/(losses) Other Unlisted Investments Total realised gains/(losses)	Current year Unrestricted Funds 2025 £ 27,309	Current year Restricted Funds 2025 £ -	Current year Total Funds 2025 £ 27,309	Prior Year Total Funds 2024 £ 27,874
	27,309	-	27,309	27,874

21

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Notes to the Accounts for the year ended 30 June 2025

Total realised and unrealised gains All the gains and losses in the prior year was unrestricted. Prior year Realised gains/(losses) Other Unlisted Investments Total realised gains/(losses) Total realised and unrealised gains	27,309	-	27,309	27,874
	Prior Year Unrestricted Funds 2024 £ 27,874	Prior Year Restricted Funds 2024 £ -	Prior Year Total Funds 2024 £ 27,874
	27,874	-	27,874
	27,874	-	27,874

22

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Notes to the Accounts for the year ended 30 June 2025

6 The contribution of volunteers

The charity depends on the support of its volunteers, which is much appreciated. The charity had 112 Volunteers who donated 1,847 hours of their time stewarding events. Other volunteers undertook 40 hours of mailings and distributions and two specialist volunteers with DBS checks, spent 475 hours a year supporting the weekly children’s and young people’s writing groups. It is estimated that without the help of volunteers, the Festival would need to find the equivalent of over £20,000 to obtain similar services. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements.

No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.

7 Defined contribution pension schemes

The charity did not operate a defined contribution pension scheme during the year.

8 Defined benefit pension scheme

The charity did not operate a defined benefit pension scheme during the year.

9 Remuneration and payments to Trustees and persons connected with them

No trustees or persons connected with them received any remuneration from the charity, or any related entity.

10 Investment pooling schemes and arrangements

There were no investment pooling schemes and arrangmenets during the year.

11 Investments held as current assets at market value at 30 June 2025

Other investments 12 Creditors: amounts falling due within one year Accruals 13 Income and Expenditure account summary At 1 July 2024 Surplus after tax for the year At 30 June 2025	2025 £ 660,183	2024 £ 632,874
	2025 £ 2,040 2025 £ 929,612 (202,097)	2024 £ 2,040 2024 £ 978,043 (48,431)
	727,515	929,612

23

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Notes to the Accounts for the year ended 30 June 2025

14 Particulars of how particular funds are represented by assets and liabilities

At 30 June 2025 Current Assets Current Liabilities At 1 July 2024 Current Assets Current Liabilities	Unrestricted funds £ 755,572 (2,040)	Designated funds £ -	Restricted funds £ 718 -	Total Funds £ 756,290 (2,040)
	753,532	-	718	754,250
	Unrestricted funds £ 949,619 (2,040)	Designated funds £ - -	Restricted funds £ 8,768 -	Total Funds £ 958,387 (2,040)
	947,579	-	8,768	956,347

15 Change in total funds over the year as shown in Note 14 , analysed by individual funds

Unrestricted and designated funds:- Unrestricted Revenue Funds Total unrestricted and designated funds Restricted funds:- Bursary Account Fund Total restricted funds Total charity funds	Funds brought forward from 2024 £ 956,053	Movement in funds in 2025 See Note 16 £ (202,522)	See Note 0 £ - Transfers between funds in 2025	Funds carried forward to 2026 £ 753,531
	956,053	(202,522)	-	753,531
	8,768	425	-	9,193
	8,768	425	-	9,193
	964,821	(202,097)	-	762,724

24

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Notes to the Accounts for the year ended 30 June 2025 16 Analysis of movements in funds over the year as shown in Note 15

Unrestricted and designated funds:- Unrestricted Revenue Funds Restricted funds:- Bursary Account Fund	Income 2025 £ 102,351 425	Expenditure 2025 £ (332,182) -	Other Gains & Losses 2025 £ 27,309 -	Movement in funds 2025 £ (202,522) 425
	102,776	(332,182)	27,309	(202,097)

17 The purposes for which the funds as

Unrestricted and designated funds:-

Unrestricted Revenue Funds

These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.

Restricted funds:-

Bursary Account Fund

The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'.

18 Ultimate controlling party

The charity is under the control of its legal members.

Every member of the charity is obliged to contribute such amount as may be required not exceeding £1 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

25

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Detailed analysis of income and expenditure for the year ended 30 June 2025 as required by th 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

19 Donations, Grants and Legacies

Donations and gifts from individuals Total private sector revenue grants Revenue grants and donations from non public bodies NPT Transatlantic Total donations and gifts from individuals Donations and gifts from individuals including Gift Aid refund	Current year Unrestricted Funds 2025 £ 98,427	Current year Restricted Funds 2025 £ 425	Current year Total Funds 2025 £ 98,851
	98,427	425	98,851
	Current year Unrestricted Funds 2025 £ -	Current year Restricted Funds 2025 £ -	Current year Total Funds 2025 £ -
	-	-	-

Revenue grants and donations from non public bodies (Include Gift Aid donations from subsidiaries Year analysis

Prior Year	Prior Year	Prior Year
Unrestricted Funds	Restricted Funds	Total Funds
2024	2024	2024
£	£	£

Total Donations, Grants and Legacies Total Donations, Grants and Legacies A1
	98,427	425	98,851

26

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Detailed analysis of income and expenditure for the year ended 30 June 2025 as required by th 2015

20 Investment income

Investment income
Bank Interest Receivable Total investment income A4	Current year Unrestricted Funds 2025 £ 3,924	Current year Restricted Funds 2025 £ -	Current year Total Funds 2025 £ 3,924
	3,924	-	3,924

21 Expenditure on charitable activities- Grant funding of activities

Current year Current year Current Year Unrestricted Funds Restricted Funds 2025 2025 £ £ 297,261 - Total grantmaking costs B2c 297,261 - Prior Year Prior Year Prior Year Unrestricted Funds Restricted Funds 2024 2024 £ £ 256,323 8,475 Total grantmaking costs B2c 256,323 8,475 22 Current year Current year Current Year Unrestricted Funds Restricted Funds 2025 2025 £ £ Administrative overheads 543 - Professional fees paid to advisors other than the auditor or examiner 240 - - - Financial costs 188 - Support costs before reallocation 971 - Total support costs - Current Year 971 - The basis of allocation of costs between activities is described under accounting policies All the expenditure in the prior year was unrestricted. Bank charges Accountancy fees other than examination or audit fees Grants made to individuals Support costs for charitable activities Grants made to individuals Legal fees Sundry expenses	Current year Unrestricted Funds 2025 £ 297,261	Current year Restricted Funds 2025 £ -	Current year Total Funds 2025 £ 297,261
	297,261	-	297,261
	Prior Year Unrestricted Funds 2024 £ 256,323	Prior Year Restricted Funds 2024 £ 8,475	Prior Year Total Funds 2024 £ 264,798 264,798 Current year Total Funds 2025 £ 543 240 - 188
	256,323	8,475
	971	-	971 971
	971	-

27

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Detailed analysis of income and expenditure for the year ended 30 June 2025 as required by th 2015

Administrative overheads

The basis of allocation of costs between activities is described under accounting policies

23 Other Expenditure - Governance costs

Current Year Independent Examiner's fees Total Governance costs	Current year Unrestricted Funds 2025 £ 1,800	Current year Restricted Funds 2025 £ -	Current year Total Funds 2025 £ 1,800
	1,800	-	1,800

All the expenditure in the prior year was unrestricted.

24 Total Charitable expenditure

Current Year Total grantmaking costs B2c Total support costs B2d Total Governance costs B2e Total charitable expenditure B2 Prior Year Total grantmaking costs B2c Total support costs B2d Total Governance costs B2e Total charitable expenditure B2	Current year Unrestricted Funds 2025 £ 297,261 971 1,800	Current year Restricted Funds 2025 £ - - -	Current year Total Funds 2025 £ 297,261 971 1,800 300,032 Prior Year Total Funds 2024 £ 264,798 7,198 1,800
	300,032	-
	Prior Year Unrestricted Funds 2024 £ 256,323 7,198 1,800	Prior Year Restricted Funds 2024 £ 8,475 - -
	265,321	8,475	273,796

28

Docusign Envelope ID: 8941C2C0-6100-479A-B8BE-89E0DF371FF7

KNIGHTSBRIDGE SCHOOL EDUCATION FOUNDATION

Detailed analysis of income and expenditure for the year ended 30 June 2025 as required by th 2015

25 Expenditure on raising funds and costs of investment management

Current Year Cost of fundraising activities Total fundraising costs B1	Current year Unrestricted Funds 2025 £ 32,150	Current year Restricted Funds 2025 £ -	Current year Total Funds 2025 £ 32,150
	32,150	-	32,150

All the expenditure in the prior year was unrestricted.

29