Registered company number (England & Walesl- 06596258
Registered Charity number.. 1125375
BARNARD CASTLE SCHOOL
(A Company Limited by Guarantee)
GOVERNORS. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
CONTENTS
Page
Reference and Administrative Details of the Charitable companyy its Governors and
Advisers
Chairfs Statement
Governors. Report
4-12
Governors. Responsibilities Statement
13
Independent Audltors. Report on the Flnanclal Ststements
14-17
Statement of Financial Activities
18-19
Balance Sheet
20-21
Statgmgnt of Cash Flows
22
Notes to the Financial Statements
23-46
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHAR￿ABLE COMPANY, ITS GOVERNORS AND
ADVISERS
FOR THE YEAR ENDED 31 AUGUST 2025
Governors
Mrs C J Sunley, Chair
Mr N J Bliss, Vice Chair
Dr J R Elphick, VI￿ Chair
MSSAAAII
Mr l M Allison
Mr D S Clouston
Prof. N M Girdler lappoinled 15 November 20241
Mr N P Hodges, Old Barnardians Club1
Mr P A Kelsall
Ms K J Marshall
Mr R l Moffatt
Mr P D A Mothersill
Mr D C Osborne
Mr E R Rendall (de￿aSed 1 January 20261
Ms A E Rhodes
Cllr G M Richardson, Durham County Council Iresigned 6 May 202511
Mr D F Starr, Durham University1
Ms D Vinsome
Nominated Govemors
Company registered number
06596258
Charity registered numbor
1125375
Registered offico
Newgate
Barnard Castle
County Durham
DL12 8UN
Company secretsry
Mrs S M Melcalf
The Headmaster
Mr D Cresswell
Page 1
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS GOVERNORS AND
ADVISERS ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
Independent auditors
Clive Owen LLP
Chartered Accountants and Statutory Auditors
140 Coniscliffe Road
Dadington
County Durham
DL3 7RT
Bankers
Nalwest Bank PIC
25 High Row
Dadington
County Durham
DL3 7QP
Investment Advisers
BlackRock Fund Managers Limited
12 Throgmorton Avenue
London
EC2N 2DL
Brewin Dolphin
10 Wellington Place
Leeds
LS14AN
Page 2
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
CHAIR'S INTRODUCTION
FOR THE YEAR ENDED 31 AUGUST 2025
The chair presents her statement for the year.
The year was one of consolidation and self-evaluation. The well-publicised financial pressures faced by the
independent sector had the anticipated negative impact on the School roll. However, rather than waiting for this
impact to fully reveal itself, the School look the opportunity to reflect and prepare proactively for such an
outcome. The curriculum was carefully reviewed to ensure il remained fit for purpose and capable of equipping
young people with the knowledge, skills, and character needed to embrace their futures and make a positive
contribution to the world. The efficiencies identified in this review have enabled the School to expand ils
academic offerings, introducing additional new courses now available to pupils. In parallel, the cost base was
restructured to align with the revised curriculum and anticipated pupil enrolmenl levels.
Any organisation, regardless of sector, musl continually seek ways to improve its provision. The School has
always sought to operate with openness and transparency and greally values the close partnership it shares with
the parent body. In the Trinity Term of the 23124 academic year, the services of MTM, an independent
consultancy with extensive experience in the independent school sector, were engaged to conduct an
anonymous survey of pupils, staff and parents. The School was delighted by the strong participation from all
three stakeholder groups and encouraged by the extent to which the core values of Community, Character and
Ambition are recognised and felt across the School. It was also particularly pleasing lo see the high regard in
which the School s safeguarding culture is held. The responses resonated strongly with the School's own
reflections and have played an important role in informing decisions during the current academic year and in
shaping future planning.
Daily life al the School continued to flourish, with pupils taking full advantage of the wide range of activities and
opportunities on offer. While it would be impractical lo list every activity and achievement of the pupils, this report
aims to provide a flavour of the year by highlighting some of ils most notable moments.
Whilst the School continues to address the financial impact of the changes imposed upon the sector, the
Governors recognise that much of the financial burden has been borne by the parent body. They would therefore
like to express their sincere thanks to parents for their continued support and commitrnenl to the School.
Finally, il is the dedication and professionalism of the staff that truly define the School. Their efforts ensure that it
remains a nurturing, challenging and inclusive environment in which every pupil is encouraged to thrive, explore
and achieve their fullest potential. The Governors would once again like lo thank each member of staff for their
dedication and their unwavering commitment lo maintaining the highest standards.
C￿th£￿t￿L £w7d
nèr ID. OOY7EGHGL4...
rs C J Sunley
Chair of Governors
Dale".
22-05-2026 UT
Page 3
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
GOVERNORS. REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
Objectives and Activities
Charitable Objects and Aims
Barnard Caslle School is a charitable company limited by guarantee, which owns all the land, buildings and other
assets of the School. 11 is registered with Companies House (Company Number 065962581 and with the Charity
Commission (Charity Number 11253751.
The Charitable Objects are to advance education, in particular but not exclusively through the provision of a
School in or near Barnard Castle, County Durham and lo give religious education in the School in accordance
with Christian principles, and to provide facilities in the interests of social welfare for the education, recreation or
other leisure activities of the public al large.
Charitable Purpose
We aim lo provide an outstanding co-educational day and boarding education, with a commitment lo nurturing
ambition, aspiration, character, and community. We strive lo inspire young people to fulfil their polenlial,
regardless of background, by offering a broad and balanced curriculum, exceptional pastoral care, and extensive
co-curricular opportunities. Our purpose is lo inspire ambition and build character within a down-t￿arth,
inclusive community where everyone belongs, and where hard work and good humour thrive.
We believe that a happy and safe environment fosters the love of learning.
At the heart of our School ethic is the belief that every pupil should be inspired lo achieve their personal best
whilst developing the resilience, integrity, and empathy required lo contribute meaningfully lo society.
Independent Schools Inspectorate
A Focused Compliance and Educational Quality Inspection of both the Senior and Prep Schools was undertaken
by the ISI {Independenl Schools Inspecloratel in April 2023.
In addib'on lo meeting all Complian￿ measures, the inspectors awarded the School the lop rating of 'Excellenl'
for both 'Academic Achievement, and 'Personal Development,.
Curriculum
The School's Motto from its inception in 1883..
PARVIS IMBUTUS TENTABIS GRANDIA TUTUS
When you are steeped in little things you wll safely attempt great things
The School's purpose is achieved with a curriculum which..
promotes academic rigour.,
incorporates sport, music and drama". and
provides an extensive co-curricular programme designed to stimulate the mind, body and soul.,
all of which is underpinned by robust pastoral care.
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
GOVERNORS. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2025
Objectives and Activities {continued)
Academic
The focus to continually develop and enhance the academic achievement of all our students is a strategic
priority. We are a school of broad entry, and our objective is lo ensure that every pupil realises their polenlial.
The 2025 results reflect this shared commitment and importantly show a continued upward posib've trajectory
with our students showing a performance increase over last year in every grade category.
The A level results demonstrated an enhancement in subject understanding and the effectiveness of a robust,
well-slruclured curriculum aligned with assessment demands. Each grade level showed an impressive
improvement over 2024 and 2023 with A" results up by 50/0 on 2024, and A"_C results exceeding those in 2024
The 2025 GCSE'S present a similar picture with an improved performance in each grade level and of note, a 60/0
increase in the A'_C results.
The School's core values and purpose continue to ensure that all children are supported including those with
specific educational needs,. an ethos which is underpinned by the education of our whole community lo
understand and appreciate cognitive diversity.
Cambridge University played host to our Academic Scholars, allowing them to attend lectures across a range of
departments and engaging with current undergraduates and academics.
CtFcurricular Programme and House Activities
The C¢>Curricular Programme and House Activities are central to life al Barney, with participation regarded as a
core expectation for all pupils. These opportunities enable pupils to develop their character, broaden their
interests, and acquire new skills.
In the Prep School, the programme is organised into three groups - Re￿ptIOn Years 112,. Years 314,. and Years
516- allowing staff lo tailor provision appropriately to each age range. Within each group, pupils can choose from
up to eight different clubs and activities each day, all designed lo encourage personal growth, creativity, and
enjoyment.
In the Senior School, pupils in Years 7 and 8 follow a "Mind, Body, Soul programme, rotating through a variety of
activities every five to six weeks. This structure ensures exposure lo a broad and balan￿d range of
experiences. Pupils in Years ￿13 allend a "signing-on. session al the start of each term, where they select from
an extensive co-curricular programme for the term ahead, consisting of more than 70 different options.
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
GOVERNORS. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2025
Objectives and Activities {continued)
Sport
Sport remains a core pillar of school life, with 980/0 of Year 7-10 pupils representing Barney in a competitive
fixture during the Michaelmas term. In the Prep School, this same level of participation was achieved across a
broad range of sports.
The resilience, courage, teamwork, camaraderie and humility demonstrated by the pupils in their sporting
endeavours continues lo impress. Their hard work and dedication both within and out of School have resulted in
many triumphs, a few of which are detailed below.
Rugby.. U18s and U16s were crowned County 7s champions whilst a number of pupils achieved selection for
Newcastle Falcons and Yorkshire Academy.
Squash.. the senior girfs, squash team reached the National Trophy Finals, finishing as runners-up.
Cricket.. the School was awarded the prestigious North East Regional Winner of the Foty Club Shield,
presented at Lord's Cricket Ground, marking the School's excellence in cricket.
Cricket.. Barnard Castle School is recognised as one of the lop 100 schools for cricket in the UK by the
Cricketer magazine. This prestigious accolade highlights the School's commitment lo eX￿llen￿ and ils
outstanding success in the sport.
Hockey.. 31 pupils were selected for Durham County Hockey with 1 pupil also playing for the UK Lions.
Netball.. 15 pupils were selected to play for the County, 2 pupils represented the region, and 1 pupil joined the
Leeds Rhinos Academy.
Golf.. 1 pupil qualified for the Champions of Champions Invitational in Ireland whilst another pupil won the
National Faldo's Futures Competition and will be heading lo Calrfornia for the World final.
Football.. a pupil was selected for the Newcastle United Performance Cenlre.
Cross<ounlry'. numerous athletes qualified and succeeded in key County competitions.
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
GOVERNORS. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2025
Objectives and Activities {continued)
Music and Drama
Music and Drama play an important role in the School's character education and continue lo engage pupils, with
strong support for School productions and the various choirs, bands, and ensembles. These groups perform
regularly both within the School and at external events.
The Chapel Choir reached a significant milestone with over 140kn of the entire Senior School now involved. This
growth reflects both the quality of the programme and the enthusiasm of our students lo engage in musical
excellence.
This passion for excellence was amply demonslraled by the music exam results where 640/0 of the pupils gained
Dislinclion.
During the Lent Term, the School resonated with music as pupils and staff came together for a spectacular six-
day festival. This celebration, spanning the entire School, showcased an impressive breadth of musical talent
and united the community through a shared appreciation of performance.
The festival featured a diverse programme, ranging from solo recitals lo full ensemble performan￿$. These
concerts provided pupils of all ages-and staff-wilh the opportunity lo perform and enjoy live music in a
supportive and vibrant setting. The event not only celebrated musical excellence bul also strengthened the sense
of community, leaving audiences both impressed and inspired.
Following the Festival of Music, the School musical Sister Act was performed lo full houses. The production
highlighted the energy, commitment, and enthusiasm of the pupils, providing a fi'tting continuation of an
oulslanding term of performance.
Combined Cadet Force ICCFI
CCF offers pupils a broad range of challenging, exciting, adventurous, and educational activities aimed at
developing personal responsibility, leadership, and self-discipline.
The cadets enjoyed a variety of field days and residential weekends, including..
A 13-day RAF cadet overseas expedition to Cyprus offered cadets an eX￿ptIOnal opportunity for international
training and cultural enrichment.
17 cadets engaged in a ￿0-daY laclical training weekend on the Catterick Training Area.
RAF cadets allended a gliding experience day al RAF Topcliffe.
The training facilities al RAF Leeming allowed pupils lo earn the prestigious Blue and Bronze Wings.
A pupil successfully completed the Lord Lieutenant's cadet selection prO￿sS and was formally invested as one
of the Lord Lieulenanl's Cadets for County Durham and Teesside.
Duke of Edinburyh Award
The Duke of Edinburyh's Award programme continues to be very popular with pupils, with 150 currently
participating. During the year, 66 pupils in Years 11 and 12 completed expedition training. In addition, 7 pupils
achieved the Gold Award, 32 the Silver Award, and 22 the Bronze Award.
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
GOVERNORS. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2025
Objectives and Activities {continued)
Welfare
The School is committed to safeguarding and promoting the welfare of its pupils and staff and expects all
members of the School community lo share this commitment. Ils objective is to foster a culture in which pupils,
staff, and parents feel able lo speak openly and confidently, secure in the knowledge that they will be listened lo
and supported.
The School aims lo nurture self-aware pupils who are empalhelic, possess a strong sense of perspective and
gralilude, and understand the Importan￿ of maintaining good mental health. Pupils are encouraged lo develop
habits of self-reflection, lo set personal goals, and to review their progress regularly.
Wellbeing is embedded within the curriculum through themed lessons and structured programmes. In both one-
lo-one sessions with tutors and group settings, pupils explore topics such as mental health, equality, and
diversity. This provision is further enhanced by a varied and inspiring programme of visiting speakers.
Parent and Alumni Engagement
The School prides itself on its values of openness, transparency and trust and values its partnership with the
parent body and Alumni.
The responses from the anonymous parent survey were ovetwhelmingly positive and have played an important
role in guiding the strategic decisions of the School.
Through a slruclured programme of communications, events, and partnership initiatives, the School has
extended its reach both nationally and internationally while strengthening the sense of community that defines
the Barnardian ne￿ork. Participation in these events and gatherings, both locally and overseas, reflects the
enduring connection that alumni maintsin with the School.
Public Benefit
The Governors confirm that they have complied with their duty to have due regard lo the Charity Commission's
public benefit guidance when exercising any powers or duties to which the guidance is relevant.
Advance of Education
The School's key public benefit is delivered through the provision of education for its pupils.
Transfomiational Bursaries and Scholarships
Providing ac￿SS lo children regardless of their financial means has been a core principle of the School since
1883, when this commitment was first enshrined in its governing document. Although the School does not
benefit from a substantial financial endowment, il continues to support pupils through the provision of bursaries
and scholarships.
Parents are encouraged lo apply for bursaries, which are awarded following a fair and rigorous means-tesling
process. Financial assessments are reviewed annually to ensure that support remains appropriate lo each
family's circumstances.
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
GOVERNORS. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2025
Objectives and Activities {continued)
Support ofthe Local Community
The School is committed to making its facilities available to support the local community wherever il is
practicable. In doing so, il aims to make a positive and valued contribution while promoting the advancement of
education and social welfare. During the year, the School has continued lo provide facilities and support to a
number of public organisalions including..
Use of the School's sports facilities provided to..
Raby Castle Cricket Club
Barnard Castle Cricket Club
Middleton Cricket Club
Glaxo Squash Club
Glaxo Football Club
Durham Palatinates Netball Club
Classic Car Show
North-East Netball Club
Teesdale Operatic Society
Durham County School Cross Country
Pony Club Triathlon
Durham County Cricket (various ages)
Scottish Exiles
North-East Pentathlon
Durham City Satellite Hockey Club
Durham County Cricket
Professional development:
Hosting professional development opportunities for teachers and support staff from other schools.
Governors and staff serve on the Governing Bodies of various maintained schools.
The School provides many examiners lo the main examination boards and one of its Heads of Department
advises Durham University on PGCE applicants.
Hosting events:
The Festival Weekend, held in the Michaelmas term, welcomed 37 teams from both the independent and
state sectors for rugby and hockey, attracting an audience of over 1,000 spectators.
Summer Activity Weeks for children be￿een the ages of 4 and 11 continue lo be open lo the whole
community.
Use of the School's facilities:
Duke of Edinburyh's Award local assessors use the School as a meeting place for coordination and
planning.
Barnard Castle School Choral Society use the School Chapel.
The Chapel is available for use by the community and visitors are encouraged on Heritage Open Days.
The School makes additional parking available without charge lo the Bowes Museum on busy occasions
and for special exhibitions. Further, the School is a designated place of safety for the Bowes Museum's
collection of art and artefacts.
The School's playing fields are used as landing zones for helicopters carrying members of the Royal Family
and other dignitaries to local engagements.
In addition to the above, the Activity Programme provides an opportunity for all pupils and staff lo provide a
service lo the wider community with activities such as planting hedgerows, litter picking, and organising fund-
raising events.
During the year, pupils raised more than £7,000, which was donated to eight different charities, both local and
national.
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
GOVERNORS. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2025
Financial review
Trading Performance
The introduction of VAT, in line with the independent schools, sector, had a negative effect on pupil numbers and
consequently on income levels. Due lo the largely fixed nature of the School's cost base, il was not possible lo
implement sufficient reductions in expenditure within the year to offset this decline. As a result, the School
reported a net loss before exceptional items of £833,273, compared with a loss of £25,832 in the previous year.
Proactive measures have been undertaken during the year to increase income and reduce the cost base, with
the objective of returning the School lo profitability.
Reserves and Investment Policy
The policy of the School is lo achieve an annual operating surplus which secures ils future financial viability and
allows continued investment in its infrastructure. As al 31 August 2025, the School held fund balances of
£9,922,120 comprising £9,284,669 unrestricted funds, £591,576 reslricled funds and £45,875 endowment funds.
After making appropriate enquiries the Governors have a reasonable expectation that the School has adequate
resources lo continue in operational existence for the foreseeable future.
Investment Policy
The Governors, investment powers are derived from the powers vested in them under the School's Articles of
Association and they have delegated the management of the investment portfolio lo Brewin Dolphin and
BlackRock. The Governors, investment policy is lo adopt a low lo medium risk investment strategy.
Risk Management
The Governors have a duty lo identify and review the risks lo which the Charity is exposed and lo ensure that
appropriate controls are in place lo provide reasonable assurance against the principal risks faced by the School.
The School maintains an up-lo-dale Risk Register covering the key areas of risk lo its ongoing operations, which
is reviewed at each meeting with Governors.
The principal risks faced by all Schools relate lo the protection and safeguarding of their pupils, staff, and assets.
Procedures and systems designed to identify, assess, and mitigate these risks are regularly reviewed and
updated. The key financial risk facing the School al present is the potential impact of the financial pressures
alluded to earlier in this report. This management of this risk is of paramount importance lo the Governors and
the Head.
Liquidity is managed through a combination of loan financing for long-term projects and the prudent use of cash
resetves lo manage short-lerm fluclualions in monthly cash flow.
Future Plans
The School's Strategic Plan, supported by the Development Plan and Capitsl Plan, articulates the vision and
priorities of the Headmaster and Senior Management Team for the next five lo len years. These documents are
regularly reviewed and updated and enjoy the full support of the Governing Body.
The Plans incorporate a degree of flexibility to accommodate unforeseen events, ensuring a balanced approach
be￿een ongoing investment in the School's growth and development and its long-lerm financial suslainabilily.
The immediate priority is to ensure the continued sustainability of the School within the current economic
environment.
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
GOVERNORS. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2025
structure. governance and management
Governing Document
The governan￿ of the Charity is sel out in its governing document, the Memorandum and Articles of
Association. The Charity is a limited company, limited by guarantee, as defined by the Companies Act 2006.
The most re￿nt amendment lo the Articles of Association was made on 13th September 2019 when the current
Articles of Association were adopted.
Board of Trustees
The School is governed by a Board of Governors Ilhe Board), comprising Foundation Governors who are
appointed by a resolution of the Board, and Nominated Governors who are nominated by the relevant
organisalions listed in the Articles of Association and appointed by a resolution of the Board.
The Board of Governors identifies suitable Foundation candidates who possess the skills and experience aligned
with the School's needs and who will contribute lo maintaining a balanced, diverse, and effective Board. A
Governors, skills matrix is maintained to ensure that recruilmenl meets the core requirements.. responsible
individuals with a genuine interest in the School, sufficient time to fulfil their duties, and complementary expertise
that adds value to the Board.
The Governors all give their lime freely and accordingly no remuneration was paid in the year. Details of any
expenses and related party transactions are disclosed in note 30 to the Accounts.
Governor Training
All new Governors receive a copy of the School's Governor Handbook and undergo a comprehensive induction,
which includes a full lour of the School, meetings with key management and staff, and engagement with a range
of students. Governor training is an ongoing process, supported through internal sessions as well as external
training programmes and best-praclice resources provided by organisalions such as AGBIS.
All Governors regularly undertake a self-review, and the Governing Body conducts a general audit alongside
individual skills assessment. This process enables the evaluation of each Governor's contribution and helps lo
identify any emerging requirements or additional training needs.
Day to Day Management
The Board sets the overall policy and strategic direction of the School in close collaboration with the Head and
Senior Management Team, who are responsible for implementing and administering these policies across both
the Senior and Prep Schools. Day-to-day management is delegated to the Head, who provides key leadership
and oversight of the School's educational, pastoral, and administrative functions, supported by the Senior
Management Team.
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
GOVERNORS. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2025
structure. governance and management Icontinuedl
Governor Meetings
The full Board of Governors meets formally four limes a year with the Head and the Senior Management Team
in allendance. The purpose of the meetings is lo determine, agree and ensure effective implementation of the
strategic direction, general policies and procedures and to maintain financial oversight of the School. To
facilitate this process and to ensure optimal oulpul, three commillees have been established, each of which
meets al least once a term. The members of the committees are selected for their specific relevant expertise
and are allocated individual areas of responsibility. The three commillees are as follows..
Education
Finance & Operations {including Risk and Audit}
steering
Two sub<ommillees, namely, safeguarding and EDI (Equality, Diversity and Inclusion), sit within the Education
committee. The Terms of Reference of each committee are reviewed annually by the full Board.
Pay Policy for Senior Staff
The remuneration of the Head is sel by the Chair and Vice Chairs of the Board. Senior management salaries
are sel by the Head and reviewed by the Finance & Estates Committee using a set of diverse criteria including,
inter alia, benchmark reports provided by sector associations such as AGBIS, IAPS and the ISC, together with
those of respected consultants within the sector.
Oisclosure of infomiation to auditors
Each of the persons who are Governors al the time when this Governors, Report is approved has confirmed Ihal..
so far as that Governor is aware, there is no relevant audit information of which the charity's auditors are
unaware, and
that Governor has taken all the steps that ought to have been taken as a Governor in order to be aware of
any relevant audit information and to establish that the charity's auditors are aware of that information.
Auditors
The auditors, Clive Owen LLP, have indicated their willingness lo continue in offi￿. The designated Governors
will propose a motion reappointing the auditors al a meeting of the Governors.
Approved by order of the members of the Board of Governors on
their behalf by..
22-05-2026 UTC
and signed on
tapgE s¥ttw'
Chair
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
STATEMENT OF GOVERNORS. RESPONSIBILITIES
FOR THE YEAR ENDED 31 AUGUST 2025
The Governors Iwho are also the directors of the charitable company for the purposes of company lawl are
responsible for preparing the Govemors, Report and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards Iunited Kingdom Generalty Accepted Accounting Practice).
Company law requires the Governors lo prepare financial statements for each financial year. Under company
law, the Governors must not approve the financial statements unless they are satisfied that they give a true and
fair view of the state of affairs of the charitable company and of ils incoming resources and application of
resources, including ils income and expenditure, for that period. In preparing these financial statements, the
Governors are required to..
select suitable accounting policies and then apply them consislenlly.,
observe the methods and principles of the Charities SORP IFRS 1021",
make judgements and accounting estimates that are reasonable and prudent",
stale whether applicable UK Accounting Stsndards IFRS 1021 have been followed, subject to any material
departures disclosed and explained in the financial ststemenls.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in business.
The Governors are responsible for keeping adequate accounting records that are sufficient to show and explain
the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of
the charitable company and enable them to ensure that the financial statements comply with the Companies Act
2006. They are also responsible for safeguarding the assets of the charitable company and hence for tsking
reasonable steps for the prevention and detection of fraud and other irregularities.
The Governors are responsible for the maintenance and integrity of the Charity and financial information
included on the Charity's website in accordance with legislation in the United Kingdom governing the preparation
and dissemination of financial stalemenls.
In so far as the Governors are aware..
there is no relevant audit information of which the charity are unaware., and
the Governors have tsken all steps that they ought to have taken lo make themselves aware of any relevant
audit information and to establish that the auditors are aware of that information.
Approved by order of the members of the Board of Govemors on
on Its behalf by..
22-05-2026 UTC
and signed
ner ID. OOY7EGHGL4..
plrs C J Sunley
Chair
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BARNARD CASTLE SCHOOL
Opinion
We have audited the financial statements of Barnard Castle School (the 'charitable company'l for the year ended
31 ALJgust 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash
Flows and the related notes, including a summary of significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK
and Republic of Ireland, (United Kingdom Generally Accepted Accounting Praclicel.
In our opinion the financial statements..
give a true and fair view of the state of the charitable company's affairs as at 31 August 2025 and of ils
incoming resources and application of resources, including its income and expenditure for the year then
ended,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice,. and
have been prepared in accordance with the Companies Act 2006, Charits'es Act 2011 and SORP.
8asls for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit
of the financial statements section of our report. We are independent of the Charity in accordance with the
ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including
the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordance wrth these requirements. We believe that the audit evidence we have obtained is sufficient and
appropriate lo provide a basis for our opinion.
Concluslons relatlng to golng concern
In auditing the financial ststemenls, we have concluded that the Governors, use of the going concern basis of
accounting in the preparation of the financial ststemenls is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast signifi'cant doubt on the charitsble company's ability lo
continue as a going concern for a period of al least twelve months from when the financial ststemenls are
authorised for issue.
Our responsibilities and the responsibilities of the Governors with respect lo going concern are described in the
relevant sects'ons of this report.
Page 14
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BARNARD CASTLE SCHOOL
ICONTINUEDI
Other information
The other information comprises the information included in the Annual Report other than the financial
statements and our Auditors, Report thereon. The Governors are responsible for the other information contained
within the Annual Report. Our opinion on the financial statements does not cover the other information and,
except lo the extent otherwise explicitly staled in our report, we do not express any form of assurance conclusion
Ihereon. Our responsibility is lo read the other information and, in doing so, consider whether the other
information is materialty inconsistent with the financial statements or our knowledge obtained in the course of the
audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent
material misstatements, we are required to determine whether this gives rise to a material misstatement in the
financial statements themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to report that fact.
We have nothing lo report in this regard.
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given In the Governors. Report for the financial year for which the financial statements are
prepared is consistent with the financial statements.
the Govemors, Report has been prepared in accordance with applicable legal requirements.
atters on which we are required to report by exception
In the light of our kno￿edge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identified material misstslements in the Governors, Report.
We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires
us lo report to you if, in our opinion..
adequate accounting records have not been kept, or retums adequate for our audit have not been
received from branches not visited by us., or
the financial statements are not in agreement with the accounting records and returns., or
certain disclosures of Governors, remuneration specified by law are not made," or
we have not received all the infom)ation and explanations we require for our audit.
Responsibilities of Governors
As explained more fulty in the Governors, Responsibilities Statement, the Governors (who are also the directors
of the charitable company for the purposes of company lawl are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view. and for such intemal control as the
Governors determine is necessary lo enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements, the Govemors are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the
going concern basis of accounting unless the Governors either intend to liquidate the charitable company or to
cease operab'ons, or have no realistic alternative but to do so.
Page 15
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BARNARD CASTLE SCHOOL
ICONTINUEDI
Our re$ponsibilitie$ for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and lo issue an Auditors, Report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected lo influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, oullined above, lo delect material misstatements in respect of irregularities,
including fraud. The extent to which our procedures are capable of delecling irregularities, including fraud is
detailed below..
We undertake the following procedures to identify and respond to these risks of non•compliance'.
Understanding the key legal and regulatory frameworks that are applicable to the charitsble company . We
communicated identified laws and regulations throughout the audit team and remained alert lo any
indications of non-compliance throughout the audit. We determined the most significant of these lo be
around employment law, charity law, company law, health and safety law, food and hygiene regulations,
laxalion law, Independent Schools Regulator and GDPR.
Enquiry of Governors and management as to policies and procedures to ensure compliance and any known
instances of non-complianee.
Review of board minutes and correspondence with regulators.
Enquiry of Governors and management as lo areas of the financial ststemenls susceptible to fraud and how
these risks are managed.
Challenging management on key eslimales, assumptions and judgements made in the preparation of the
financial statements. These key areas of uncertainty are disclosed in the accounting policies.
Identifying and testing unusual journal entries, with a particular focus on manual ioumal entries.
Through these procedures, we did not become aware of actual or suspected non-compliance.
We planned and performed our audit in accordance with auditing standards but owing lo the inherent limitslions
of procedures required in these areas, there is an unavoidable risk that we may not have detected a material
misslatemenl in the accounts. The further removed non-compliance with laws and regulations is from the events
and transactions reflected in the financial slalemenls, the less likely we would become aware of it. The risk of not
detecting a material misslalemenl due to fraud is higher than the risk of not delecling one resulting from error, as
fraud may involve concealment, collusion, forgery, misrepresentations, or override of internal controls. We are
not responsible for preventing non-complian￿ and cannot be expected to detect non-compliance with all laws
and regulations.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website al.. www.frc.or
.uklauditorsres
onsibililies. This description forms part of our
Auditors, Report.
Page 16
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BARNARD CASTLE SCHOOL
ICONTINUEDI
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance wth Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate to the charitable
company's members those mallers we are required lo stale lo them in an Auditors, Report and for no other
purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than
the charitable company and ils members, as a body, for our audit work, for this report, or for the opinions we
have formed.
VMLLrtiK HobcLfft
I*Sklh VIS8¥8HVccA (Senior Ststutory Auditor)
for and on behalf of
Clive Owen LLP
Chartered Accountants and Stslutory Auditors
140 Coniscliffe Road
Dadington
County Durham
DL3 7RT
Dale.. 22-OS-2026 UTC
Page 17
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 AUGUST 2025
Unrestricted
funds
2025
Restricted
funds
2025
Endowment
funds
2025
Total
funds
2025
Total
funds
2024
Note
Income and
endowments from:
Donations and legacies
Charitable activities".
School fees
Other income
Cost of providing
school buses
27,122
27,122
11,851
13,239,279
33,030
13,239,279
33,030
13,834,321
39,028
178,1361
11,243,864)
194,519
118,434
178,1361
114,9551
11,243,864) 11,330,351)
194,519
204, 182
125,118
164,502
Remissions
Other trading activities
Investments
6,684
Total
12,290,384
6,684
12,297,068
12,908,578
Expenditure on:
Raising funds
Charitsble activities..
34,599
4,477
39,076
51,705
Teaching and
governance
Premises
Welfare
Other charitable
activities
7,060,816
3,059,233
1,095,361
7,060,816
3,059,233
1,095,361
7,285,426
2,968,843
1,351,403
1,843,340
5,348
1,848,688
1,295,079
Total
13,093,349
9,825
13,103,174
12,952,458
Net expenditure
before net
Ilossesllgains on
investments
Nel gainslllossesl on
investments
1802,9651
13,1411
1806,1061
143,8781
127,1671
127,1671
18,046
Net expenditure
before taxation
1802,9651
130,3081
1833,2731
125,8321
1,568,900
Exceptional items
Net income
Transfers be￿een
funds
1802,9651
130,3081
1833,2731
1,543,068
24
18,118
118,1181
Net movement in
funds
1784,8471
148,4261
1833,2731
1,543,068
Page 18
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
Unrestricted
fLJnds
2025
Restricted
fLJnds
2025
Endowment
fLJnds
2025
Total
fLJnds
2025
Total
fLJnds
2024
Note
Reconciliation of
funds:
Total funds brought
forward
Nel movement in fijnds
10,069,516
1784,8471
640,002
148,4261
45,875
10,755,393
1833,2731
9,212,325
1,543,068
Total funds carried
forward
9,284,669
591,576
45,875
9,922,120
10,755,393
The notes on pages 23 to 46 form part of these financial statements.
Page 19
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
REGISTERED NUMBER: 06596258
BALANCE SHEET
AS AT 31 AUGUST 2025
2025
2024
Note
Fixed assgts
Intsngible assets
Tangible assets
Investments
14
53,114
10,143,839
544,576
79,795
10,596,577
573,879
15
16
10,741,529
11,250,251
Current assets
Stocks
Debtors
Cash al bank and in hand
17
41,550
1,042,966
3,366,672
62,002
617,929
4,646,067
18
4,451,188
5,325,998
Current liabilities
Creditors.. amounts falling due within one
year
19
13,636,086)
14,034,632)
Net Current assets
815,102
1,291,366
Totsl assets loss curront liabilities
11,556,631
12,541,617
Creditors.. amounts falling due after more
than one year
20
11,634,511)
11,786,224)
Net as$et$ excluding pension asset
9,922, 120
10,755,393
Totsl net assets
9,922, 120
10,755,393
Page 20
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
REGISTERED NUMBER: 06596258
BALANCE SHEET ICONTINUED)
AS AT 31 AUGUST 2025
2025
2024
Note
Charity funds
Endowment funds
Reslricled funds
Unrestricted funds
24
24
45,875
591,576
9,284,669
45,875
640,002
10,069,516
24
Total funds
9,922,120
10,755,393
The Govemors acknowledge their responsibilities for complying with the requirements of the Act wlh respect to
accounting records and preparation of financial statements.
The financial statements were approved and authorised for
and signed on their behalf by.
issue
by the Governors on
22-OS-2026 UTC
HGL4..
ey
Chair
Page 21
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST 2025
2025
2024
Note
Cash flows from operating activities
Nel cash used in operating activities
26
1822,6431
3,297,892
Cash flows from investing activitios
Purchase of intangible assets
Purchase of tangible fixed assets
Proceeds from sale of investments
Purchase of investments
Dividend income
Interest received
19201
15,5201
1488,4231 11,025,250)
244,662
43,612
1218,9771
151,8911
6,684
53,276
118,434
111,226
Net cash used in investing activities
1338,5401
1874,5471
Cash flows from flnanclng actlvltles
Loan repayments In year
Capital repayments in year
Repayments of finance leases
112,2661
197,3681
18,5781
149,5231
197,3681
1110,0161
Net cash used in financing activities
1118,2121 1256,9071
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
11,279,395)
4,646,067
2,166,438
2,479,629
Cash and cash equivalents at the end of the year
27
3,368,672
4,646,067
The notes on pages 23 to 46 form part of these financial statements
Page 22
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Accounting policies
1.1 Basls of preparatlon of flnanclal statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 January 20191 and the Companies Act 2006. The
financial statements have been prepared under the historial cost convention with the exception of
investments which are included al market value.
There were no material departures from the stsndard.
Barnard Castle School meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise slated in the
relevant accounting policy.
The principal accounting policies adopted in the preparation of the financial statements are sel out
below and have remained unchanged from the previous year, and also have been consislenlly
applied within the same accounts.
The financial statements are reported in £ sterling.
1.2 Income
All income is recognised once the charitsble company has entitlement lo the income, it is probable
that the income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probabilty of
receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of
entitlement to a legacy exists when the charitsble company has sufficient evidence that a gift has
been left lo them (through knowledge of the existence of a valid will and the death of the benefactor)
and the executor is satisfied that the property in question will not be required to satisfy claims in the
eslale. Receipt of a legacy must be recognised when il is probable that it will be received and the fair
value of the amount receivable, which will generally be the expected cash amount lo be distributed to
the charitable company, can be reliably measured.
1.3 Expendlture
Expenditure is recognised once there is a legal or conslruclive obligation lo transfer economic benefi't
to a third paty, it is probable that a transfer of economic benefits will be required in selllemenl and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable lo a single activity are allocated directly
to that aclivily. Shared costs which contribute to more than one activity and support costs which are
not attributable lo a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent.
Expenditure on raising funds includes all expenditure incurred by the charitable company lo raise
funds for its charitable purposes and includes costs of all fundraising activities events and non-
charitable trading.
Expenditure on charitable activities is incurred in directly undertaking the activities which further the
charitable company's objectives, as well as any associated support costs.
Page 23
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Accounting policies Icontinuedl
1.3 Expenditure {continued)
Liabilities are recognised as expenditure as soon as there is a legal or conslruclive obligation
committing the charitable company lo that expenditure, it is probable that a transfer of economic
benefits will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category. Where costs cannot be directly attributed lo particular
headings they have been allocated lo activities on a basis consislenl with the use of resources.
1.4 Tangible fixed assets and depreciation
No depreciation is provided on freÈhold12nd.
Tangible fixed assets are measured al cost less accumulated depreciation and impairment.
Depreciation is provided al rates calculated to write off the cost of fixed assets, less their estimated
residual value, over their expected useful lives on the followng basis..
Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Building alterations
Computer equipment
20/0 Straight line
50/0 Straight line
10 25% straight line
5 . 33D/D straight line
2 . 20D/D straight line
20 . 330A straight line
1.5 Intangible assets and amortisation
Intangible 2ssels are inilialty recognised at cost and subsequenlly slated al cost net of amortisalion
and any provision for impairment. Intangible assets are being amortised over their expected useful
lives on the following slraighl line basis".
Amortisalion is provided on the following basis".
Computer SofbNare
20 250/0 Straight line
1.6 Stocks
Stocks are valued at the lower of cost and estimated selling price less costs lo sell.
1.7 Taxation
The charitable company is exempt from corporation lax on its charitable aclivilies.
From 1 January 2025, the income of the charitable company is subject to VAT.
Page 24
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Accounting policies Icontinuedl
1.8 Fund accounting
General funds are unrestricted funds which are available for use al the discretion of the Governors in
furtherance of the general objectives of the charitable company and which have not been designated
for other purposes.
Restricted funds are funds which are to be used in accordance with specific reslriclions imposed by
donors or which have been raised by the charitable company for particular purposes. The costs of
raising and administering such funds are charged against the specific fund. The aim and use of each
restricted fund is set out in the notes lo the financial statements.
Endowment funds represent the permanent funds of the School. All income generated by these funds
are unrestricted and used for the purpose of the School.
Investment income, gains and losses are allocated to the appropriate fund.
1.9 Pensions
For leaching staff, the charitable company exited the Teachers, Pension Scheme I'TPS l on 31
August 2024. The Charity now operates a defined contribution pension scheme with Royal London
Group for teaching staff.
For non-teaching staff, the charitable company operates a defined contribution scheme with The
Pensions Trust.
1.10 Investments
Investments are stated at market value al the balance sheet date. The Statement of Financial
Activities includes the net gains and losses arising on revaluation and disposals throughout the year.
1.11 Provisions
Provisions are recognised when there is an obligation at the Balance Sheet dale as a result of a past
event, for which il is probable that a transfer of economic benefit will be reqLJired in settlement and
the amount of the settlement can be eslimaled reliably.
Provisions are measured at the best estimate of the amounts required lo settle the obligation. Where
the effect of the lime 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 discoLJnt is recognised in the Statement of Financial Activities as a finance cost.
1.12 Operating leases
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight
line basis over the lease term.
Page 25
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Accounting policies Icontinuedl
1.13 Financial instruments
The Charity only holds basic financial instruments as defined in FRS 102. The financial assets and
financial liabilities of the School and their measurement basis are as follows..
Financial assets - trade and other debtors are basic financial instruments and are debt instruments
measured at amortised cost as detailed in note 18. Prepayments are not financial instruments.
Cash at bank is classified as a basic financial instrument and is measured al face value.
Financial liabilities trade creditors, accruals and other creditors are financial inslrumenls, and are
measured at amortised costs as detailed in notes 19 and 20. Taxation and social security are not
included in the financial instruments disclosure definition. Deferred income is not deemed lo be a
financial liability, as the cash settlement has already taken place and there is an obligation lo deliver
services rather than cash or another financial instrument.
1.14 Hire purchase and leasing commitments
Assets obtained under hire purchase contracts and finance leases are capitalised in the Balance
Sheet. Those held under hire purchase contracts are depreciated over their eslimaled useful lives.
Those held under finance leases are depreciated over their estimated useful lives or the lease term,
whichever is the shorter.
The interest element of these obligations is charged to the Statement of Financial Activities over the
relevant period. The capital element of the future payments is Irealed as a liability.
Critical accounting estimate$ and areas of judgement
Estimates and judgements are continually evaluated and are based on historical experience and other
factors, including expectations of fijture events that are ￿lieved to be reasonable under the
circumstances.
Critical accounting estimates and assumptions..
The School makes estimates and assumptions concerning the future. The resulting accounting estimates
and assumptions will, by definition, seldom equal the related actual results. The estimates and
assumptions that have a significant risk of causing a material adjustment to the carrying amounts of
assets and liabilities within the next financial year are discussed below.
Bad debt provision
the full provision provides for 1000/0 of balances that are not considered to be
recoverable. The total bad debt provision within the financial statements is £225,40312024.. £228,407).
Page 26
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Income from donations and legacies
Unrestricted
funds
2025
Total
funds
2025
Total
fLJnds
2024
Donations
27,122
27,122
10,851
1,000
Legacies
Total 2025
27,122
27,122
11,851
Total 2024
11,851
11,851
Income from other tradlng actlvltles
Unrestricted
funds
2025
Total
funds
2025
Total
funds
2024
Lettings and event income
194,519
194,519
204, 182
Total 2025
194,519
194,519
204,182
Total 2024
204, 182
204,182
Investment income
Unreslricled
funds
2025
Restricted
funds
2025
Total
funds
2025
Total
funds
2024
Investment income from listed investments
6,684
6,684
118,434
53,276
111,226
Deposit account interest
118,434
Total 2025
118,434
6,684
125,118
164,502
Total 2024
111,226
53,276
164,502
Page 27
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Income from charitable activities
Unrestricted
funds
2025
Total
funds
2025
Total
fLJnds
2024
School fees
other income
Nel cost of providing school buses
Remissions
13,239,279 13,239,279 13,834,321
33,030
33,030
39,028
178,1361
178,1361
114,9551
11,243,864) 11,243,864) 11,330,351)
Total 2025
11,950,309 11,950,309 12,528,043
Total 2024
12,528,043 12,528,043
Page 28
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Raising fund$ - expenditure
Other trading activities
Unreslricled
funds
2025
Restricted
funds
2025
Total
funds
2025
Total
fLJnds
2024
Lellings and event costs
Investment management fees
34,599
34,599
4,477
48,881
2,824
4,477
34,599
4,477
39,076
51,705
Total 2024
48,881
2,824
51,705
Analysis of charitable expenditure by activities
Direct
costs
2025
Support
costs
2025
Total
funds
2025
Total
funds
2024
Teaching and Governance
Premises
6,878,057
2,090,471
1,095,361
1,776,890
182,759
968,762
7,060,816
3,059,233
1,095,361
1,848,688
7,285,426
2,968,843
1,351,403
1,295,079
Welfare
other
71,798
11,840,779
1,223,319 13,064,098 12,900,751
Total 2024
11,725,141
1,175,610 12,900,751
In 2025 of the total charitable expenditure of £13,064,098 12024". £12,900,751), £13,058,750 12024".
£12,895,404) was lo unrestricted funds, £5,348 12024". £5,347) was lo restricted funds and £Nil 12024."
£Nill was to endowment funds.
Page 29
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Analysis of charitable expenditure by activities Icontinuedl
Analysis of direct costs
Teaching
and
Govemance
2025
Total
funds
2025
Total
fLJnds
2024
Premises
2025
Welfare
2025
Other
2025
Staff costs
Teaching
reSoUr￿S
6,322,801
882,448
514,476
1,218,590
8,938,315
8,596,662
264,768
264,768
294,909
Premises and
grounds
Rates
Insuran
Light, heat and
water
Other leaching
costs
124,400
225,665
136,312
124,400
225,665
157,284
142,005
144,223
128,381
20,972
279,514
279,514
310,904
148,989
120,527
148,989
120,527
553,745
5,264
21,876
79,510
362,622
234,487
147,310
568,034
7,296
20,926
85,566
440,806
Travel
Catering
Laundry
Nursing
Cleaning
Maintenance
553,745
5,264
21,876
79,510
362,622
Marketing and
development
IT costs
Administration
303,894
122,926
133,548
23,109
125,1751
303,894
122,926
133,546
23,109
125,1751
182,103
141,898
108,191
65,740
105,700
Recruilmenl
Bad debts
6,878,057
2,090,471
1,095,361
1,776,890 11,840,779 11,725, 141
Total 2024
7,013,597
2,132,443
1,351,403
1,227,698 11,725,141
Page 30
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Analysis of charitable expenditure by activities Icontinuedl
Analysis of support costs
Teaching
and
Governance
2025
Total
funds
2025
Total
fLJnds
2024
Premises
2025
Other
2025
Depreciation and amortisalion
Bank charges
Bank interest
Leasing interest
Unrecoverable VAT
Loss on disposal of fixed assets
Governance costs
946,590
946,590
17,500
40,647
1,079
12,572
22,172
182,759
836,400
16,995
47,368
3,018
17,500
40,647
1,079
12,572
22,172
182,759
271,829
182,759
968,762
71,798
1,223,319
1,175,610
Total 2024
271,829
838,400
67,381
1,175,610
Net incomel{expenditurg)
Nel incomellexpendilurel is slated after chargingllcreditingl..
2025
2024
Auditors, remuneration
Depreciation - owned assets
Depreciation - assets on finance lease
Loss on disposal of fixed assets
Computer So￿are amortisalion
Operating lease payments
17,000
912,107
6,882
22,172
27,601
80,707
17,000
753,534
53,668
27,198
88,208
Page 31
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
10.
Auditors. remuneration
2025
2024
Fees payable lo the charitable company's auditor for the audit of the
charitable company's annual accounts
Fees payable lo the charitable company's auditor in respect of..
All taxation advisory services not included above
All non-audil services not included above
17,000
17,000
700
4,866
600
2,960
11.
Governors. remuneration and benefits
During the year, no Governors received any remuneration or other benefils12024 - £NILI.
During the year ended 31 August 2025, travel expenses, being the only expenses reimbursed lo
Governors, lotalled £1,795. These were reimbursed or paid di￿t￿Y lo 3 Governors12024 - £3,214 10 4
Governors).
12. Staff costs
2025
2024
Wages and salaries
Social security costs
Other pension costs
7,357,635
765,475
815,205
6,762,673
671,879
1,162,110
8,938,315
8,596,662
Redundancy payments of £201,52012024'. £NILI were made in the year.
The average number of persons employed by the charitable company during the year was as follows..
2025
No.
2024
No.
Teaching
Support
Welfare
Premises
115
24
29
38
27
28
38
204
206
Page 32
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
12. Staff costs (continuedl
The number of employees whose employee benefits (excluding employer pension costs) exceeded
£60,000 was..
2025
No.
2024
No.
In the band £60,001- £70,000
In the band £70,001 £80,000
In the band £80,001 - £90,000
In the band £110,001- £120,000
In the band £140,001- £150,000
In the band £150,001- £160,000
Pension contributions of £170,824 12024". £116,963) were made lo defined contribution schemes on
behalf of these employees.
The total amount of employee remuneration and benefits lincluding employer national insurance and
pension contribulionsl received by key management personnel for their services to the School was
£925,43212024. £722,244).
13.
Exceptional items
2025
2024
LGPS exil repayment
1,568,900
The Charity exited the LGPS, a funded defined benefit pension scheme, with assets held in separate
government-adminislered funds, on 10 March 2023. During 2024, the Charity received a repayment of
£1,568,900 from Durham County Council in relation lo the exil. This was shown as an exceptional item
on the Statement of Financial Aclivilies.
Page 33
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
14.
Intangible assets
Computer
software
Cost
At 1 September 2024
Additions
148,692
920
At 31 August 2025
149,612
Amortisation
At 1 September 2024
Charge for the year
68,897
27,601
At 31 August 2025
96,498
Net book valuo
At 31 August 2025
53,114
At 31 August 2024
79,795
Page 34
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
15.
Tangible fixed assets
Freehold
property
Plant and Fixtures and
machinery
fittings
Motor
vehicles
Computer
equipment
Total
Cost or valuation
At 1 September
2024
Additions
Disposals
16,142,182
290,738
122,7971
1,015,714 2,430,606
93,683
64,541
885,006 20,538,049
104,002
488,423
122,7971
At 31 August 2025
16,410,123
1,015,714
2,524,289
64,541
989,008
21,003,675
Depreciation
At 1 September
2024
Charge for the year
On disposals
7,033,905
593,337
16251
386,801
50,788
1,738,690
143,348
29,522
6,007
752,554
125,509
9,941,472
918,989
16251
At 31 August 2025
7,626,617
437,589
1,882,038
35,529
878,063
10,859,836
Net book valuo
At 31 August 2025
8,783,506
578, 125
642,251
29,012
110,945
10,143,839
At 31 August 2024
9,108,277
628,913
691,916
35,019
132,452
10,596,577
Included in cost of freehold propety is freehold land of £55,24012024.' £55,240) which is not depreciated.
Page 35
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Fixed assets, included in the above, which are held under finance leases are as follows..
2025
2024
Cost
At 1 September
Additions
Transferred to ownership
54,420
1,033,341
14,400
1993,3211
54,420
54,420
Depreciation
At 1 September
Charge for year
Transferred lo ownership
11,404
6,882
335,960
56,068
1380,6241
18,286
11,404
Net book value
At 31 August
36,134
43,016
16.
Fixed asset investments
Listed
investments
Cost or valuatlon
At 1 September 2024
Additions
573,879
218,977
1244,6621
13,8181
Disposals
Revaluats'ons
At 31 August 2025
544,576
Not book valuo
At 31 August 2025
544,576
At 31 August 2024
573,879
Page 36
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
17.
Stocks
2025
2024
stocks
41,550
62,002
18. Debtors
2025
2024
Due within one year
Trade debtors
Other debtors
Prepayments and accrued income
189,530
260,348
593,088
60,738
11,254
545,937
1,042,966
617,929
19.
Creditors: Amounts falling due within one year
2025
2024
Bank loans (see note 211
Trade creditors
Other laxalion and social security
Finance leases Isee note 22}
Other creditors
Accruals and deferred income
97,368
819,594
338,286
8,578
258,653
2,113,607
109,634
640,329
314,703
8,578
278,582
2,682,806
3,636,086
4,034,632
2025
2024
Deferred income
Deferred income at 1 September 2024
Resources deferred during the year
Amounts released from previous periods
2,616,327
1,687,355
1,495,281
2,616,327
12,155,863) 11,687,355)
1,955,745
2,616,327
Deferred income at the balance sheet dale is in relation to monies received for school fees and courses
for periods from 1st September 2025.
Page 37
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
20.
Creditors: Amounts falling due after more than one year
2025
2024
Bank loans (see note 211
Finance leases Isee note 221
Other creditors
1,395,615
9,007
229,889
1,492,983
17,585
275,656
1,634,511
1,786,224
21.
Loans
An analysis of the maturity of loans is given below..
2025
2024
Amounts falling due within one year on demand..
Loans
97,368
109,634
Amounts falling due be￿een one and years..
Loans- 1-2 years
1,395,615
1,492,983
The two Coronavirus Business Interruption Loans received in November 2020 are repayable over a
period of 6 years. The first loan is repayable on a monthly basis which started 13 months after drawdown
with fixed interest charged al 2.590/0 for 5 years with the 6th year at 2.340/0 above the Bank base rate. The
second loan can be repaid without penalty at any lime within the 6 year period with fixed interest charged
at 2.660/0 for 5 years with the 6th year al 2.340/0 above the Bank base mte. The remaining term on these
loans is 1 year and 3 months.
22.
Leasing agreements
Finance
Finance
Leases 2025 Leases 2024
Net obligations repayable:
Within one year
Between one and five years
8,578
9,007
8,578
17,585
17,585
26,163
The finance leases relates to a Iraclor and ride on mower. The term of the tractor lease is 5 years ending
in April 2027. The term of the ride on mower lease is 5 years ending in October 2028.
Page 38
owu￿1D.. a8trA1d8•2¢18efab71wWQ

BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Minimum lease payments under non-cancellable operating leases fall due as follows."
2025
2024
Within one year
Be￿een one and five years
38,664
31,627
80,707
70,292
70,291
150,999
23. Secured debts
The following secured debts are included within creditors..
2025
2024
Coronavirus Business Interruption Loans
SONIA Loan
Finance leases
1,492,983
1,590,351
12,266
26,163
17,585
1,510,568
1,628,780
The Coronavirus Business Interruption Loans are secured by way of a legal charye and debenture over
the School land and buildings excluding the 'third' field.
The finance lease contract is secured over the assets to which they relate.
Page 39
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
24.
Statement offunds
Statement offunds- currentyear
Balance al 1
September
2024
Balance 8t
31 August
2025
Transfers
inlout
Gainsl
(Losses)
Income
Expenditure
Unrestricted
funds
Revenue
resetve
7,900,616 12,290,384 113,093,349)
18,118
7,115,769
Designated
Funds
LGPS
600,000
1,568,900
600,000
1,568,900
10,069,516 12,290,384 113,093,349)
18,118
9,284,669
Endowmgnt
funds
Foundation
endowment
45,875
45,875
Restricted
funds
Barnard Castle
School Prize &
Scholarship
Fund
Hearnshaw
Legacy
Science Centre
Donation
533,419
6,684
14,4771
127,1671
508,459
38,665
118,1181
20,547
67,918
15,3481
62,570
640,002
6,684
19,8251
118,1181
127,1671
591,576
Total of funds
10,755,393 12,297,068 113,103,174)
127,1671
9,922,120
Page 40
owu￿1D.. a8trA1d8•2¢18efab71wWQ

BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
24.
Statement of funds Icontinuedl
Designated Funds contain legacies received by the School which will be used to invest in capital projects.
The Foundation Endowment was formed when the School was established. This is considered to be an
endowed fund which is held in the form of land.
The Barnard Castle School Prize & Scholarship Fund is used for funding scholarships and the purchase
of prizes.
The Heamshaw Legacy was a legacy received for the payment of a scholarship for an A Level science
place.
The Science Centre fund was initially given lo invest in science capital projects. However an opportunity
arose in a prior year for two projects, the sports hall refurbishment and creation of the music performance
space. The donor was approached and gave his permission for the money to be used in this manner.
Depreciation relating lo these assets is allocated to the fund annually.
Page 41
owu￿1D.. a8trA1d8•2¢18efab71wWQ

## **BARNARD CASTLE SCHOOL** 

## **(A Company Limited by Guarantee)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025** 

## **24.   Statement of funds (continued)** 

|**Statement of funds - prior year**<br>Balance at 1<br>September<br>2023<br>£<br>Income<br>£<br>Expenditure<br>£<br>**Unrestricted**<br>**funds**<br>Revenue<br>reserve<br>7,972,604<br>12,855,302<br>(12,944,285)<br>Designated<br>Funds<br>600,000<br>-<br>-<br>LGPS<br>-<br>-<br>-<br>8,572,604<br>12,855,302<br>(12,944,285)<br>**Endowment**<br>**funds**<br>Foundation<br>endowment<br>45,875<br>-<br>-<br>**Restricted**<br>**funds**<br>Barnard<br>Castle<br>School<br>Prize &<br>Scholarship<br>Fund<br>464,921<br>53,276<br>(2,824)<br>Hearnshaw<br>Legacy<br>55,660<br>-<br>-<br>Science<br>Centre<br>Donation<br>73,265<br>-<br>(5,347)<br>593,846<br>53,276<br>(8,171)<br>**Total of**<br>**funds**<br>9,212,325<br>12,908,578<br>(12,952,456)|**Statement of funds - prior year**<br>Balance at 1<br>September<br>2023<br>£<br>Income<br>£<br>Expenditure<br>£<br>**Unrestricted**<br>**funds**<br>Revenue<br>reserve<br>7,972,604<br>12,855,302<br>(12,944,285)<br>Designated<br>Funds<br>600,000<br>-<br>-<br>LGPS<br>-<br>-<br>-<br>8,572,604<br>12,855,302<br>(12,944,285)<br>**Endowment**<br>**funds**<br>Foundation<br>endowment<br>45,875<br>-<br>-<br>**Restricted**<br>**funds**<br>Barnard<br>Castle<br>School<br>Prize &<br>Scholarship<br>Fund<br>464,921<br>53,276<br>(2,824)<br>Hearnshaw<br>Legacy<br>55,660<br>-<br>-<br>Science<br>Centre<br>Donation<br>73,265<br>-<br>(5,347)<br>593,846<br>53,276<br>(8,171)<br>**Total of**<br>**funds**<br>9,212,325<br>12,908,578<br>(12,952,456)|**Statement of funds - prior year**<br>Balance at 1<br>September<br>2023<br>£<br>Income<br>£<br>Expenditure<br>£<br>**Unrestricted**<br>**funds**<br>Revenue<br>reserve<br>7,972,604<br>12,855,302<br>(12,944,285)<br>Designated<br>Funds<br>600,000<br>-<br>-<br>LGPS<br>-<br>-<br>-<br>8,572,604<br>12,855,302<br>(12,944,285)<br>**Endowment**<br>**funds**<br>Foundation<br>endowment<br>45,875<br>-<br>-<br>**Restricted**<br>**funds**<br>Barnard<br>Castle<br>School<br>Prize &<br>Scholarship<br>Fund<br>464,921<br>53,276<br>(2,824)<br>Hearnshaw<br>Legacy<br>55,660<br>-<br>-<br>Science<br>Centre<br>Donation<br>73,265<br>-<br>(5,347)<br>593,846<br>53,276<br>(8,171)<br>**Total of**<br>**funds**<br>9,212,325<br>12,908,578<br>(12,952,456)|**Statement of funds - prior year**<br>Balance at 1<br>September<br>2023<br>£<br>Income<br>£<br>Expenditure<br>£<br>**Unrestricted**<br>**funds**<br>Revenue<br>reserve<br>7,972,604<br>12,855,302<br>(12,944,285)<br>Designated<br>Funds<br>600,000<br>-<br>-<br>LGPS<br>-<br>-<br>-<br>8,572,604<br>12,855,302<br>(12,944,285)<br>**Endowment**<br>**funds**<br>Foundation<br>endowment<br>45,875<br>-<br>-<br>**Restricted**<br>**funds**<br>Barnard<br>Castle<br>School<br>Prize &<br>Scholarship<br>Fund<br>464,921<br>53,276<br>(2,824)<br>Hearnshaw<br>Legacy<br>55,660<br>-<br>-<br>Science<br>Centre<br>Donation<br>73,265<br>-<br>(5,347)<br>593,846<br>53,276<br>(8,171)<br>**Total of**<br>**funds**<br>9,212,325<br>12,908,578<br>(12,952,456)|Exceptional item<br>£<br> <br>-<br>-<br>1,568,900|Transfers in/out<br>£<br>16,995<br>-<br> <br>-||Gains/<br>(Losses)<br>£<br>-<br>-<br>-|Balance at 31<br>August 2024<br>£<br>7,900,616<br>600,000<br>1,568,900<br>10,069,516<br>45,875|
|---|---|---|---|---|---|---|---|---|
||8,572,604|12,855,302|(12,944,285)|1,568,900|16,995||-||
||45,875|-|-|-|-||-||
||<br>464,921<br>55,660<br>73,265|<br>53,276<br> <br>-<br> <br>-|<br>(2,824)<br>-<br>(5,347)|<br>-<br>-<br> <br>-|-<br>(16,995)<br>-||18,046<br>-<br>-|<br> <br>533,419<br>38,665<br>67,918|
||593,846|53,276|(8,171)|-|(16,995)||18,046|640,002|
||9,212,325|12,908,578|(12,952,456)|1,568,900|-||18,046|10,755,393|



Page 42 

Document ID: 33b61d3e2e16ef3b71ee95dd0543c8a4d9022b22bd20ac5ecd28c78249b809f5 



## **BARNARD CASTLE SCHOOL** 

## **(A Company Limited by Guarantee)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025** 

## **25. Analysis of net assets between funds** 

## **Analysis of net assets between funds - current year** 

|Tangible fixed assets<br>Intangible fixed assets<br>Fixed asset investments<br>Current assets<br>Creditors due within one year<br>Creditors due in more than one year<br>**Total**|Unrestricted<br>funds<br>2025<br>£<br>10,040,306<br>53,114<br>-<br>4,451,188<br>(3,625,428)<br>(1,634,511)|Restricted<br>funds<br>2025<br>£<br>57,658<br>-<br>544,576<br>-<br>(10,658)<br>-|Endowment<br>funds<br>2025<br>£<br>45,875<br>-<br>-<br>-<br>-<br>-|Total<br>funds<br>2025<br>£<br>10,143,839<br>53,114<br>544,576<br>4,451,188<br>(3,636,086)<br>(1,634,511)|
|---|---|---|---|---|
||9,284,669|591,576|45,875|9,922,120|



Page 43 

Document ID: 33b61d3e2e16ef3b71ee95dd0543c8a4d9022b22bd20ac5ecd28c78249b809f5 



BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
25.
Analysis of net assets between funds Icontinuedl
Analysis of net assets between funds - prior year
Unreslricled
funds
2024
Restricted Endowment
fLJnds
funds
2024
2024
Total
fLJnds
2024
Tangible fixed assets
Intangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Creditors due in more than one year
10,487,696
79,795
63,006
45,875 10,596,577
79,795
573,879
5,325,998
14,034,632)
11,786,224)
573,879
3,117
5,322,881
14,034,632)
11,786,224)
Total
10,069,516
640,002
45,875 10,755,393
26.
Reconciliation of net movement in funds to net cash flow from operating activities
2025
2024
Nel incomelexpendilure for the year las per Statement of Financial
Acliviliesl
1833,2731
1,543,068
Adjustments for-
Depreciation charges
Amortisation charges
Lossesllgainsl on investments
Bank Inte￿$t received
918,989
27,601
3,618
1118,4341
22,172
20,452
1425,0371
1432,0471
16,6841
809,202
27,198
153,6041
1111,2261
Loss on disposal of fixed assets
Decreasellincreasel in stocks
Ilncreaselldecrease in debtors
IDecreasellincrease in creditors
Dividend income
15,6311
171,127
971,034
153,2761
Net cash provided byllused inl operating activities
1822,6431
3,297,892
Page 44
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
27.
Analysis of cash and cash equivalents
2025
2024
Cash al bank
3,366,672
4,646,067
Total cash and cash equlvalents
3,366,672
4,646,067
28. Analysis of changes in net debt
At1
September
2024 Cash flows
Al 31 August
2025
Cash al bank and in hand
Debt due within 1 year
Debt due after 1 year
Finance leases
4,646,067
1109,6341
11,492,983)
126,1631
11,279,395)
3,366,672
12,266
197,3681
97,368 11,395,615)
8,578
117,5851
3,017,287
11 161,1831
1,856, 104
Page 45
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BARNARD CASTLE SCHOOL
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
29.
Pension commitments
The Charity's employees belongs to the following pension schemes..
The Teachers, Pension Scheme England and Wales ITPSI for academic and related staff, a multi-
employer defined benefit scheme. The Charity exiled the TPS on 31 August 2024. The Charity now
operates a defined contribution pension scheme with Royal London Group for academic and related staff.
The Charity operates a defined contribution pension scheme for non-teaching staff. Contributions are
made lo the defined contribution scheme on behalf of its employees, the cost of these contributions being
charged to the Charity's Statement of Financial Activities.
Contributions amounting lo £113,83312024.. £148,261) were payable to the schemes at 31 August 2025
and are included within creditors.
30.
Related party transactions
During the year Governors made donations of £1,21412024.. £1,440) towards school activities, and £Nil
12024". £8201 was paid to staff as well wishes gifts.
P D A Molhersill is a Trustee of The Bowes Museum. During the year purchases of £Nil12024.. £21 $1
were made for MLJseum visits.
N P Hodges is a Director of The Wilham Hall Ltd. During the year purchases of £431 12024.. £3951 were
made for a gallery event.
D C Osborne is a Director of Roman Limited. During the year sales of £Nil12024.. £1751 were made for
brochures.
G M Richardson is a Director of Teesdale Wesl Durham Community Interest Company. During the year
purchases of £Nil12024.. £4,350) were made for outdoor activities.
31.
Company limited by guarantee
The School is a company limited by guarantee. The members of the School are the Governors named on
page 1. In the event of the School being wound up, the liability in respect of the guarantee is limited to £1
per member of the School.
Page 46
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