REGRsfERED CO.MPANY N'IIMBER.. 06762073 (England and l%'alesl REGISTERED CH.4RITY NIJ￿1BER.. 11271$0 Report of tht Truslees #ttd Atsdited Fin¥nti41 Staitrnent$ lor tht Ye*r Ended JI August 202.5 for LTK Christian Scboo15 Ltd (A Comp4n}' Limited b) Guarantee) Garside athd Co. Lirlliied Chartered Accountant & Staiulory Audiior Suite 631. Lin¢n Hall 162-168 Reg¢ni Streei Londotj WIB5TG UK Chrislign Schools Ltd Contents of the Financial StaiemerRts for the Year F.nded 31 August 2025 Pag¢ Reference and Administrxiiwe Det#i1s Report of the Tru$tees Report of the Independent Auditors Statement ofFinanclal Activities 10 IlalAtyce Sh¢et CAsh Flow Statejnent Notes to the CAsh Flow Statem¢nt liote5 to the Financial StstemeNts 14 to 21 Detsiled Statemeni of Fioantial Activitie5 22 UK Christi¥u Schools L¢d Reference and Administrgtive Det9il$ for the l'ear Ended 31 August 2025 TRUSTEES Revd C D Fishlock Mr N D Marge$5U Revd P W Clarke MrSRGWilde REGISTERED OFFJCE 30-32 Tabard Street London SEI 4JU REGISTERED COMPAYY 'L'MBER 06762073 {En8land and Wales) REGISTERED CHARITY NI I'.MBERI 127150 SEYIOR STATUTORY AliDITOR Garerh Hughes Bsc ACA I,NDEPENDENT AUDITORS Garside and Co. Ljmiled Chartered Acc4)llTrtani & Ststu￿ry Audiior Suite 6) I, Linen Hall 162-168 RegenE Sire¢i London WIB5TG SOLICITORS Glovers Solicilors LLP Fifth Floor Berk'shtTe 14ouse 168-173 High Holbom London WCIV7AA BA,NKERS Kin(rdom Bank Media House Padge Road Beesto Nollingham N'G9 2RS Llokd5 Bank 25 Gresham Street London EC2V 7HN Page I UK Chrisiian S¢hools Ltd Report of the Trustee5 for the Year Ended 31 August 2025 The trustee5 who are a150 dtrectors of the ¢harity foi the ptJtP05es of ihe Companies Aci ?006. present their repon iviih Ilie finatjcial siaietnenis of the charity for th¢ year ¢nded 31 August 20?5. The Irus1¢¢5 hav¢ adopied th¢ provisi011s of Accounting and Reportjng by Charities.. Siatemefti of K¢comtnend¢d Piariice applicable io ehariiies preparinu) rheir accounts in accordance with the Financial Reporting Siandard appli¢able in th¢ LIK and Republi¢ of Ireland IFRS 1021 leffertive I January 20191. OBJF.c'fivES AND AcfiviTIES Objectives and aims The charity's objeL15 Iihe Objttts) are io promote excellent Chri51ian education for children b¢￿e¢ll the ages of 3 and l 8 in London. and naiioTrally, by providing admintsirdiioTr and faciliiies to Its member schools and by PTovidinb financial assisiance ro pupils who are in n¢¢d, by all or anh" of die folloming m¢ans'. Eslablishir>g a bursary fitnd for pupils who are in need. Supportiiix oihers in establishing and running Christian SCh￿Is throughoui the United Kingdom. Th¢ promotion of the Chri5rian Faith throu8h education. The advancement of Christian ¢ducation, for the publi¢ b¢nefiL by means of Classes, s¢min3rs. lectures, conferences, individual tuitEon and by all and any means whatsoever. Publi£ benefit The Iru51ees hav¢ considered the Charity Commission's guidanee or) public benefit and. ID panirular Ihc sp¢cifii guiddiiLe in relation io charities for the advancement of education. and are saiisfitd ihai the activities of UK Chrillian Sch(H)ls Ltd fall within thai guid2llCe. srK4TEGIC REPORT A¢hievements aryd perfornignce Charitable activities UK Chrisrian Schoo15 Ltd estsblished to promote excelleni Chrisiian educaiion for children between the ages of 3 and 18 in London, and natiQTLally, by providing ttdmintstsation and facililies io its member schools and by providing financial assistance to pupi15 who ar¢ in rt¢¢d. UK Chrisiian Schools Ltd co*tinues to let its PTemises, 40 Tabard Strtti, 10 tA)ndon Christian Scl)ool Lid. We ga¥¢ biraiiis for sorne minor maintenance works to 40 Tabard Sireei duttvg the year to ensure the building remained iii exL¢lleiii condition. In Jun¢ 2023 LX Chrisiian Schools Ltd purchas¢d 30 Tabard Street, th¢ property adjaceni to 40 Tabard Street. Since then, we have incurred various expenses in relation 10 the upk¢ep and redei'elopmenl of the building. Durin¥ rhe year iiiider reviem. UK Chrisiian Schools Lid refi]rbished th¢ ground and baserneni ftoors to enable Londot) Chrisiian School to use tl)¢ii) for hot food provision and ￿ a perforniing arts Space. The school began io Teni ihc5e facilities in Sepieiiiber ?024. Tw'() additional tloor5 remain ociupied with Commerci￿ tenants who hold short term leases. with rental income us¢d lo funher rhe aims of UK Christian Schools Lid. One floor is urk-let and used by London Christian School and a second chariry as OtTice space. We liave assisted in ihe provision of high qU￿1t).. Chrisiian education to local children this year wich fees far 6¢low Ihe majorily of independent schools in London. Page 2 UK Christian Sehools Ltd Report Df the Trustees for the Year Ended 31 Augusi 2025 STRATEGIC REPORT Finantial review. Fin*ncial position The Financial Statements cover all the 8ciivities of the charity and have been p￿pared on an arcrual bxsis. They are presented in a lomlat that r¢flects th¢ total funds as unrestricted. The accounts show a balance of UE]speni unrestricted funds of £2.381.524 compared with £1,716,370 in 20?4. The ¢harity's incorning resources Iotalltd £1,034.498 {2024.. £250.0641. derived mainly froin rental income. and a £600,000 loan that was fully forgI￿en duTing the ycar etsd. There were no obligaiions a$50ciaied wilh Iliis loan. Expendilure on charitable a¢iiviiies totstled £369.344 (2024.. £331.8901 including Governance COS15 of £25,227 {2024". £15.4711 and Grdnt5 to InstiwtioThs of £56,414 1)024.- £8? 4401. The main reason for the increase in expenditure is due lo Costs associaied with the bllilding mainlettance. utilities and legal and professjonal f¢es. The total funds shown in the Incorne Stai¢tneni iotalled £2.381.524 12024.. £1.716.-?701. Tht incr¢a5e rhe cu￿¢nI year is primarily due to additional donations Teceived for ihe building fund ond the a5sociaied Gift Aid received, coiyjpared io the previou5 year. For the y¢4T cnded 31 August 2025 the eharithble Company reLurned a net surplus of £665.15412024.. deficit £81.8261. This included the dcpreciaiion charges for ihe year of £38.64412024.. £33.690} The charity does not have a r¢lati(>n5hip *iih oiher charity or or8anisaiioTr which might inhibit it fro1￿ puisuing lis ow charitablt objectives. The trustees ar¢ satj5fi¢d with the financial Posiiion of the charity and ￿nfir[n tjiat they have adequate assets available to fi]Ifil (heir obligations. There are no plan5 to alter ihe charity'5 a¢tivitLes next year_ Reserves policy The trustees aim to maintain free reserves in unrestricted funds at a level which will enable the charity ro covcr futUT¢ Illt¢r¢si on loan5 and unrestricted charitable expenditure. Th¢ irusitts consider this 10 be a prudeni approaLh 10 provide 5ufficieIil funds io respond io unexpected int¢test raie ris¢s, devcloptncni of (he current Sile or ro build schools and TO ensure Iliai the supwrt and governance costs art covered. The balanc¢ held as unresiriiled funds ar 31 Augu51 2025 was £?,j81.-524 which is regarded as free r¢%rves. Going concer The trustees consider there are no material uncertainties about the chariiable compans s ability lo coniinue a5 a goin con¢em. The review of th¢ financial position. reserve levels and futur plans gil'es Irusiees confidence Ihe charitable company reTnains a going concern for the for¢s¢eabl¢ fuiure_ Futurt plan5 The success and popularity of London Christian School h5 been susiained 0￿¢[ the past year. We art exploring h(>w best to U5¢ 30 Tabard Srreet io continue lo dev¢lop London Chrisrian School's arti*iiies. grRUCTURE, COVERNANCE AND MANAGEMENT Cov¢rhing dorument The charity is controlled by its governing document, a deed of trust. and constitutes a limited company. limited by giiardlltee. as defined by The Companies Act 2006. Charity constitution Christian Schoo15 Lid is a companj. limited by guardniee and a re(Tisrered charity. Regibtered cornpany ntsmber Re¥ist¢red charity nurnber 06762073 {En8land and Wale51 127150 Page 3 UK Christian Schools Ltd Report of the Trustees for ihe Yegr bndtd 31 Allgu5t 2025 STRucfbRE, GOVERY.4NCE A,ND MAIYAGE.METr4T RecruitineTht and xppointment ofnew truslees The diTectOTS of the cliariiable ¢ompanJ I" Ihe charity") are Fts trv5tees foi Ihe purpose of chaTity law and rhrouglioul this report are referred io inrer-than8eably as directo￿ or tTusiees. As set Qui in th¢ Anicles of Asso¢iiltion Ihe chairman of the trustees is elected by the irusiees by majority vole. One third of the twstees r¢tire by rotation ai annual g¢neral meetings, and rnay, if willing lo acL be r￿ap￿TrInIea. The members of the chatity ma)" bv ordinary rc501ution appoijii a persoii who is willing lo act. to be trustee. either to fill a vacancy or as an addiiional ￿￿(tr. Organl$ation#l strurture The Board meets regularly to review the financial posiiion of the Charity. The Board works to ensuie con)pliance wjth lis Ic8al duiies to.. A¢t in the interests of the chaTity - Prorect atjd 5afegllard rhe ￿tr5 of the charity Act with reasonable Care and skill Ensur¢ the charity is accountable The trusiees, who are a150 the direc￿rS for the purpose of wmpany law. and who seTh¢d during the yeai were.. Revd C D Fi%hlock Mr D Margesson Revd P W Clarke MrSRGWild¢ Related parties Details of related partics. where the trusie¢5 have responsibility for other chariiies which have dealiftgs with UK Cliristian Schools Lid, are set Oul in the notes io the accounts, where applicable. TRiiSTEES' RESPONSIBILITY ST.4TElI IENT The tniste¢s (who are also the directors of UK Christian sch￿1$ Lid foT rhe purposes of company lawl are responsible for preparing the Repon of the Trustees and the financial stat¢ments In accordance ￿1Th applicable law and UnJl¥d kingd()m AcLounting Standards (Uniied Kingdom Generally .4ccepted Ac¢owi¢ing Prac¢tcei iiicluding Financial Reporting Slanddrd 102 "The Financial Reporting Standard applicabl¢ in the L.K and Republic of Ireland". Company law requires the trustees to prepare financial staiemeats for each fjnancial year. Llnder thar law, the trusrees have elected to prepare the financial 5tai¢meDTS in accordarK¢ M'iih Untied Kingdom G¢nerall> Accepied Accouniing Practice {Uniied Kingdom Acc4)unting Siandard5 and applicabl¢ law}. Under company law the trusiee5 musi not approve th¢ financial statements unless Ihey ore satisfied tljat they give a true and f21r view of th¢ siaic of affairs of the Lharirable Company and of Ihe ¢iiCOllFing resources and applicaiiun ol- resources. includjng the incom¢ aJ)d expenditure, ofih¢ ¢harirable ¢ompany for thai perÈod. In preparing those fjnancjal staiemenis. the trustees aTe required io select 5Ultabl¢ accounting poli¢ies and Iherk apply them corÈsisienily- obseTre tl)e methods artd pritjciples in rhe Chariiies SORP; make judgem¢iils and estinia1¢5 thai ai¢ r¢&stsnable and prndeni: stale whether applicable accoithiing standards have been followed, subj¢ci ro any material depanures disLIosed and explained in the financial st3terneni5.- pr¢part the financial statements on the going concern basis urtless it is Jnappropriate to presunie that the chariiable ¢ompany will continue in business. Th¢ trustees are iesponsible for keeping proper aceourhting record5 whieh dtsclose with reasonable accuracy ai any lim¢ the fiiiancial position of the charitable company and io enable them io ¢nsur¢ thai Ihe fJnanci81 siat¢ment5 comply with Ihe Companies Aci 2006. They ar¢ also responsible for safeguarding the &%sets of the chaTJtsble comparty and hence for taking reasonable 5t¢ps for ihe prevenlion and deiection of fraud and other iTJrgulariti¢s. Page 4 UK Christi9n Sehools Ltd Report of the Trustee5 for the Year Ended 31 August 2025 TRUSTEES, RESPONSIBILITTr' STATEIIEYT- tontinued In so far as the trugtees are aware.. there is tto relevant audtt inf0M￿tiOn of which the chariiable compan￿5 auditors are unaware. and the trustees have taken all steps tkni they ought to have tsk¢n to rnake ther1￿1¥¢$ aware of any relevant audit intormalion and to establish thai ihe audiior5 are aware of that infor]naiion. AUDITORS The auditOT5. Gor5ide and Co. Limited. wll be proposed for r¢-appoinTheni at the forthcoming.4nnual General Meeting. Report of rhe trusiees, in¢oTporatin8 a stTate8lt rep)Q approv¢d by order of the Lx)ard of tTusiees, as rlie coinpany directors, on 20 Apr212026 and signed on th¢ board's behaifby.. Mr S R G Wilde- Trusl¢e Page S Report of the Independent Auditors to the Members of UK Christian School$ Ltd Opinion Wc have audiied the finan¢ial statements gf LK Chrisiian Schools Ltd Iihe 'charitable compan)") for ihe year ended 31 August 2025 which comprise ihe Sthtcrneni ofFinancial .4ciibilies. the Balance Shee¢ the Cash Flow Siatcnient and notes to the financial statements. includino a suynmary of sigDificani accouniino policies. The finaiicial reponiiig franiework rliai has been applied Jn their preparalion is applicable law and Unii¢d KTn¥dom .4ccounting Siandards (Lniied Kiiigdom Generally Accepted Accounting Practice}, including Financial Reportlll8 Sthndard 102 'The Financial Reponing Standard applJcabl¢ in the UK and Republic of Ireland,. In our opinion th¢ fjnanrial stat¢tnenLS-. give a tnje and fair view of the stare of Ihc Charitable ¢L)mpan)'s alfairs as at 31 August 20?5 and of lis incon)ing resources and application of resource5, including its In￿Me and expendiiure. for the year then ended.. have been properly prepared Jn accoidance with Unjted Kjnodotn Gerteiall) Accepied Accounting PTactice, itlcluding Financial Reporting Standard 102 The Financial Reporting Standard applicable in the and Republic of Ireland.: and have been prepared in a￿ordance wth the requirements of the Companie5 Aci 2006. B*sis for opinion We c()nducied our audit in accordance Iniernaiional Standard5 on Audiiiiig {UKI {ISAs (UKI} applicable law. Our responsibilities under those standards are ￿rther described in ihe .4uditor5' responsibiliiies for rhe audii of Ihe financial ststements seciiort of our report. We are independent of rhe ehariiable ctsmpanv in accordance wilh the ethical requiremtiirs that are relevant to our audit of the fjnancial staiements Itt the LK. irtrludinx the FRCs Ethical Standard, and we hai.e fulfilled our other ethical responsibilities in accordance w'ith these requrrtzncnts. We believe rhat the audit evidence ive have obtained is sufficient and appropriate to provide a basis for our opinion. Ctsn¢lll$ions rel8tlllE to going cot)cern In auditing the fjnancial 5tat¢menTs. we have concluded thai the trustees. use of th¢ going concern basis of a¢couniing in the preparation of rhe fjnancial statements is appropriat¢. Based on the work we have performed. we have llot id¢ntified any maierial uncertainiies relaiing lo events Of conditions rliai. individually 01 collectively, may ¢asl signifjcani doubt on the chatilable compan) s ability 10 Colltinue as a b)oing concern for a p¢riod of ai l¢ast n4¢lve months from wh¢n the financial siatemenis are authorised for issue. Our responsibiltties and ihe responsibilities of the tnstees with re5peet to 80iog concern are described in the relevani sections of thi5 report. Other tnforniation The trusrees arc r¢spon5ible for the oth¢T inforniation. Th¢ other infottnalioft comprises the information included in the Ant)ual Report, other than the financial statetDenis and our Report of (he Independe￿1 Audiiofs thereon. Our opinion on the financial statements doe5 noi cover the other tnfornjatitsn and, except to lh¢ extent oiherwise ¢xpliciil stated in our r¢rM)rt, we do noi express any forn] of assurdnce conclusion iliereon. In ¢onneciiotL With our audii of th¢ finatt¢iaJ staiements. our responsibility is to read ihe other information and. In doin& $0. consider whether the other infottnaiion 15 materiall%' Jnconsisi¢ni with the fijianrial siaictnents or our knowledge obtained iii the audit or otherwise 3ppearg to be materially rnisstsied. If id¢nrify su¢h maietial iJicon5jsiencies or apparenl niaieTial mi5siaietnenis, we are oquired lo deieTmine whether ihi5 gives rise lo a Thaierial misstaieiiient iii Ihe finaiicial staieniciits theiiiselve5. If. based on the work i¥e have perfomed, we coÈJ¢lude (hai rhere is a iiiaierial mis51aienieiii of this other infoTmalion. we are required lo report thai faci. We have noihing io Teport in this regard. Opinions on other matters prescribtd by the Companie5 Ati ?006 In our opinion, b￿ed on the ￿Ork undertaken in the course of ihe a¢Jdit'. the inforniaiion given in the Repon of the Trustees for the financial year for which the fjnancial 5ratetnents aT¢ prepared is consisietst with the fJnanci21 stsieTnents", and the Report of the Trusie¢s has been prepated rn accordance with applicable legal requirements. Page 6 Rewbrt of the Independent Avditors to the.Members of UK Chri$tiin Schools Ltd Matter$ on which we are required to report by exception In the li¥hi of the knowledge aod undeT5tandrng of the chariiable ronjpany alid its environment ob131ned in the course of tlie audit, we have not ideniifi¢d material missiaiemenis in rhe Report of (he Trustees. We have nothing to report In respect of the following maners whe[¢ the Companie5 Act 2006 requir¢s us lo report to you if, in oiir opinion.. adequkre accouTLting Tecords have not been kept or reiurns adequat¢ for our audit have not been Teceivcd frorn brÈncl?es not visited by us.. or the financial stat¢ments are in agr¢emenl with the attounting recoids and returns.. or certain disclosures of truste¢s' retnuneraiion specified by la￿ are noi ￿lade.. 01 we have not received all th¢ information and explanations w¢ require for our audii. Responsibilities of ¢r¥stee5 As explained more fully in the Trustees. Resp)nsibiliiies Statement. the trustees (who are also the directors of the chariiable company for the purposes of ¢ompany law) are r¢sponsible for the prepardiion of Ihe financial siarements and for being satisfied rhat they give a true and fair vtew. and for sucli internal control as the injstees deiennine is rt¢cessary io ei)able ili¢ preparation of flnancial staiejnents thai are free from material Inissiatement. Ivb¢ther due to fraud QT ¢rtor. In PT¢paring the financial 51atem¢nt4 the irusiees ale responsible foi assessing the charitable company's ability to continue as a gojng concern, disclositkg. as applicable, mailers related 10 8oing concern and using the 8oiiig coJi¢¢rJi basis ol accouiiiiiig unle$5 tli¢ tnjsiees either intend lo Itqutdaie the chari12bl¢ company or 10 cease opetations. or have iio realt511c alrernaiivc bul io do so. Page 7 Re￿rt of the llldependenl Auditors lo the effibers of UK Christian Sthoo15 Ltd Our re$pon5ibilities for the audit ofihe f￿1￿claI statements Our objeeiive5 are to obtain r¢asonable assuran¢e about itheiher th¢ finanrtal siatement5 as a whole are fire tTOlli Inaierial misstaietnent, whether due to fraud or erroT, atsd TO isstse a RerM)rt of ihe Independent Auditor5 Iliai Iiiclud¢s our opinion. R¢asoJiable assurance is a high l¢i'el of assurdn¢e, bur is nor a guarantee dial an audil coiiducied in accoTdance witli IS.45 (UK} will always delect a maieTJal missiai¢mcni ivhen it exists. .Mi55taiements can arise from fraud or error and are considered mat¢rial if. individually or in rhe aggr¢gaie. Ihey eould retsonably be expecied TO influence the economi decisions of US¢TS taken on the basis of th¢se finan¢iaJ sthiemenL5. Th¢ extent to wlJi¢h our priKedures are capable of dei¢ciing irregulariries. including fraud is detailed below.. Id¢nii d res ondin 10 risks f tnateria tnSSStatewneni due to fY2ud As required by auditin8 St#ttdards. at)d taking into acwuni p055ible pressures to Ineei profit targets and our overall knowl¢dge of the control envirorlmeni, we perfornied PTocedure5 10 address the risks of tnanag¢rneni override of coniro15 and the risk of fraudulent revenue recognition, the risk thar those in charg¢ h'ith managemeni niay be in a position io rnake iiiappropriaie accouniing eniri¢5 and ihe risk of bias In aecothiiing estimates and jud8enieJits such as the valuation of fixed assets and fittancial instn2ment5 and depreciation policies. To identify risks of material mi&%tatement du¢ ¢0 fraud I"fraud risks-) we assessed events or ¢ondiiions Ihar ¢ould indicate a in¢entiwe or pressure 10 commit fraud or provide an opponutjily to Cotnmii ftsud. We wmmuiiJcat¢d idei)tifJtd fraud ri5k5 throuuhoui the audit teatn and remained alert io any indiraiions of fratsd throughout ihe audii. Our risk assessrnent procedures iTrclud¢d.. Enquiring of those ¢harged with managem¢ni and inspeaion of key papers as to ihe policies and procedures to preveni and deieci fraud, includirtg Ihe process for en8agJn2 management io ideniify. fraud risks specifjt lo Ihe eniity's sector. as well as whethcr they have knowledge of any aetllal. suspected, or alleged fraLKI" Reviewing minutes of trustees, me¢tin8$" Reviewing internal risk assessmeni reTK)ns; Considering tnanagetneni's in¢enrives and (ppportutsili¢s for fiaudulent manipulation of the financial 51al¢menis; Asses$ing significant accouoting esiitnaies for bias". and Audiiing the risk of managemeni override of controls, Jncluding through testing joum21 eniries and oiher adjustnieiiis for appToprJ2teness, and evaluating the busirte55 rationale of sigrtifjtant trdnsactions outSEde th¢ nomial course of business. Identi 2nd re din to risk5 of material misstatement due t n-com liaiiee H'iih law5 aiid re, laiions Wt consid¢r¢d the extent io which non-conipliance mighi ha￿¢ a mat¢rial efteci on the finaiicial Slalernenis. We also COll5idered thos¢ lawy and re¥ularions thai have a direa impact OTr the financial staiemenis such as ihe Companies Aci 2006 and the Charitte5 Statement of Recomtncnded Practice ISORP51 FRS 102_ Th¢ charitable company is subject to laws and regulations that directls atTect the financial sraten)eJits includijig finaiicial reporting legislation, laxaiion legislatton {payroll tsxesl. and pension le8islaiion and ive assessed ihe exietil of compliaiice with these and regulations as part of our procedures on th¢ related fJnan¢ial siai¢fflents items. As the chari&ble companj is re8u131¢d. our assessment ofrisk5 Involied gainin8 aTr understsndjng of the control environment including the group's and the ihariiable company's procedures for coniplying ￿7th regulalo rcquir¢ments. We communicaied identified law5 and regulaiions ihroughoul our iealli and remained alen io any indica110115 of non-compliance throughout the audit. Qur procediir¢s included.. Discussion with thost in charge wilh managetnenl and from inspection olihe eiitily's regulator). and leBal correspondeDc¢,' DisLus5ion with those charged Mith managemeni the polities and procedures regarding complianct will) law5 and regulations,. Reviewiiig financial statement dÈsclosU￿S atld iesiing to supporting documentaiion to asses5 compliance with applicable laws and regulations: and Inquiry uf management. those charged with governance around actu￿11 and pot¢ntial litigatiun and ¢laims. Page 8 Report of the Independ¢nt Audilors to ihe ime￿berS of UK ChristiaD S¢hools Ltd There are inhereni limiiaiions in th¢ audEt pr￿ed1￿¢s described above. We are less likely io become aM'are of instance5 of on-compliance with laws and Tegulaiions ihat not closely relared io even15 and transa¢iioi)s refiecred in Ihe fiiiancial $tatemenls. Also. the risk of not deiecLing a Tnai¢rial missiatemeni due io fiaud Is higlier than Ihe risk of Jiut deieLiing onc resulting fTom etror, as fraud may involve deliberate ¢oncealtDent by. for example. forgery OT intentional niisrepreseiiiations. or through collusion. W¢ ar¢ noi r¢sponsible for preventing nonf the discount is rccouTris¢d within interest payable and similar charges. Financial iDStrument$ The charity only has financial assets and fin2neial liabilities thai qualify as basic financial ingtruments. Basic financial instruments are initially recognised ai transacrion value and subsequenrly measured ai theiT seiilemeni vdue. Page 15 conijnued UK Chrisrl#n Schools Ltd Notes to ihe Finlln¢ial Statement$- ¢oNiinued for the Vtar Elld¢d JI August 2025 CRITICAL ACCOUNTING JUDCEMEfiTS AliD KEY SOLTRCES OF ESTI,IqA TION LNC.ERTAI.NTY Estimxtes and judgeJrtents are continually evaluat¢d atjd ar¢ based on hisiorical cxpericiice and orher faciors, including expectations oifuiure events that ar¢ belJev¢d ￿ be reasonabl¢ under the cjrcumsiances. Critical acco niin ¢stimates artd a55um lions-. The charitable company makes estimates and assumptions concernjrbg rjie furur¢. The re5uliiDg accouniing estimates and assutnpiions w'ill. by definiiion. seldom equal the related actual results. The esiimates aiid aS5UIITrPlioiis thai h&v¢ a significant risk tsf causittg a material adjustsnejii lo rhe carrying amouttts of assets and liabilities within the n¢xl financial year aye dtscussed in the accoLtDling Frf)licies above. IIYTrESTMEliT INCOME 31.8.24 Deposii account interest 8,89 8,065 INCOME FROM CHARITABLE AcfiviTIES Building fitnd donations Gift aid Aciivity Groi%th of tDemb¢r schools Gioiwh of member sch(K)Is -11.8.25 31.8.24 6.38.000 l i5.297 793.297 2.501 OTHER IfiCOME 31.8.?4 Rental irtcome 232,306 239,498 CHARITABLE AcfiviTIES COSTS Grdni funding of Dire¢t Costs (s nore 71 (see noie Toials Growth of mefftber schoD15 3 12.9.10 56.414 J69..i44 Page 16 contiiiued... UK ChrFSti8n SchooLs Ltd Notes io the Financial St¥ternents- continued for the Year Ended 31 August 2025 DIREcf COSTS OF CHARITABLE ACtIVlTIES 31.8.25 -31.8.24 L¢gai and professional fe¢s Insurance Postage and siationery Repairs and rnainienance 21.977 4.565 107 71.234 10.571 175 1.4?9 8.197 6,656 109 24.012 6,420 481 2,725 0.810 Miscellaneous expenses Busine55 rates Cleaning premis¢s costs Siaff traioing Battk charges Auditor s remufteration Depreciation charges Interest pay?ble and stmilar charges 284 3.?50 38,644 152,497 244 33,690 152.6.33 312_930 249,450 Covernance Costs GovernanLe costs incurred duTill8 the year ended 3 1 August 2025 and inclllded in Direct costs above.. 31.8.24 Le8al and professional fe£5 Auditor's Temulleration 21.977 3.250 12,221 3.250 25,227 15,471 GRAPITS PAYABLE The iot21 grants paid io instjtulions during the year as follows-. 31 8.24 Growth of membcr schools 56.414 .440 TriET JNCOMEI(EXPENDITURE} N¢t in¢om&llexpen4Jiturel js Stat￿ after chargit)&'lcreditingl'. 31.8.25 D¢pr¢ciation ow'ned a5seis Auditor s remunerltion 38.644 3,250 Page 17 ¢ontiiiued... UK Christian Schools Ltd Note5 to the Finan¢ial Stxtemen15- COlllinuÈd for the Year Ended 31 August 2025 10. TRUSTEES, REMUIYERATION AliD BEliEFITS There were no tntst¢es' remuneraiion OT other benefirs for the year end¢d 31 Augusr 2025 nor for thc year ended 31 August ?0?4. Tru$tee5' expenses During the }¢aT ended 31 Augusi 2025 there were £98.90 reimbursernents lo tWSlees12024.. £Nill for cosis in¢urred in carrying out th¢ir duties. STAFF COSTS There were no staff costs for the year ended 31 Augtsst 2025 nor for the Jear ended 31 August 2024. The av¢ra8e monthly nutnber of employees during the year was as follows.. 31.8.25 31.8.24 No employees received emoluments in excess of £60.000. TANGIBLE FI.XED ASSETS 12. Fixiures and rittin85 Freehold propeny Toials COST Al I Sept¢mb¢r 2024 Additions 4.759,176 80.868 16,54? 4,775.718 80,868 At 31 August 2025 4.840,044 16,542 4.856.i80 DEPRECIATIO Ai I September 2024 Charge for year 240.?61 34,554 ?4Q,44? 38,644 4,090 Ai 31 August 2025 274,815 4,271 279,086 YET BOOK VALL'E At 31 Augusi 2025 4.565.229 4.$77.400 At 31 August 2024 4.518,915 4.5.35 ?76 Page 18 conrinued... UK Cbristlgn Schools Lid Notes io tb¢ Fina]RcÈ&I Ststements- contfftnued for the Year Ended 31 August 2025 13. DEBTORS.. A.MOUNI TS FALLING DUE WITHIN O.NE YEAR 31.8.25 318.24 Prepaymertts and accnted income 7,-5?? 14. CREDITORS: A.MOUNTS FALLING DUE WITHIN ONE YEAR 31.8 25 31.8.24 Bank loans and overdrafts15¢e note 161 Tradc creditors Rent deposits A¢¢rual$ and d¢fetr¢d Èncome 1.768 3.750 10,000 12,3$7 2.041 68.643 10,000 7.64? 27.875 ¥8.-326 15. CREDITORS.. AMOU.Tr*TS FALLIliG DLE AFfER MORE THAN OYI E I'EAR 31.8.25 31 8.24 Bank loan5 (see noie 161 2,600.000 3.200.000 16. LOANS An analysis of the maturity of loans is given below. 31.8.25 31.8.24 Amounts falljng due wtthin one y¢ar ott dema[￿.. Loan inieresi accrual 1,768 2,041 Amounts falling due between and five years-. Barth loans- 2-5 y¢ars 693.iJ3 1.293.333 Amounts falling due in mor¢ ihan fjve years= Repayable by iJJ5talments'. Bank loans- mor¢ than 5 yea[5 1.906,667 1.906.667 Page 19 contiiiued... UK Christian Srhools Ltd Notes to the Financial Statem¢nt5 - tontinued for the Year Ended 31 .4ugust 2025 17. MOVEMENT IY FL1liDS Net movemeni in funds At -} l.¥.25 Al 1.9.24 Unrestrlded fund5 General fund 1,716.370 665.154 2.381.524 TOTAL FUNDS 1.716.i70 665.154 2,381.524 Nei movemeni in funds, included in the above are as f(pllows". Incomtng resourres Resources expended Moveiijeiil in funds iinre5tricted funds Gen¢ral fuiid 1.034.498 (369,344) 665,154 TOTAL FI,'NDS 1.0)4,498 lJ69,3441 665,154 Cornparative5 for movement funds Net movement in funds Transfe betwee funds At 1.9_23 31.8.24 Unrestritled funds Geiieral fuiid 1,518.703 181.826) 279.493 1.716.170 RestrR¢ted funds Restricted fund 279.493 1279.4931 TOTAL FUNDS 1,798.196 181.826) 1.716.370 Comparative net movcmeni Jn fi]nds. included in rhe above are as follows.. IJ)coming resourets Resourcei ¢xpend¢d Moveni¢iil in fund5 Unrestricted funds General fiind 250,064 (331,890) 181.8261 TOTAL FUNDS ?50.064 (331.8901 181.8?61 Pa8e 20 conrijiued... UK Christian Schools Ltd Note5 to ihe Financial Statemenls- Colltinued ror the Year Ended 31 .4ugu5t 2025 18. RELATED PARTY DISCLOSURES The following trnst¢es iveTe also tyuslees of London Christian School Lid- Revd C Fishloek Durints the vear, UK Christian Schools Lid receiked Tental incotne ioialling £180.0001?024. £148,926) froiii Loiidon Christian School Ltd for the rental of 40 Tabard Stree¢ Londoji SEI 4JLI Pag¢21 UK Christian Sthools Ltd Detailed Staternent of Finan¢ial.4ctivities for the Year Ended 31 Augu$t 2025 31.8.25 Total nds 31.8.24 Total Unresiricled funds Resiri¢ied fuiid5 INCOME AND ENDOWMENTS Investtnent income Dep051t ￿Count interest 8,895 8,895 8,06) Charitablt a¢tÉvities Building fund donations Gift aid 638.000 155,297 638,000 155,297 2.501 793.297 793,297 2,501 Oiher income Renial incotne 232,306 232.i06 2.19,498 Total incoming resources 1.034.498 1,034.498 25Q.064 EXPENDITURE Charitable attivities Legal and professiottal fees Insurance P05tag¢ and Stationery Repairs and maintenance 21.977 4.565 107 71.234 10.571 175 1.429 8,197 21,977 4,565 107 71.2i4 10.571 175 1,429 8.197 12,221 6.650 109 24.012 Miscellaneou5 expenses Bu5iJiess rates Cle2nittg pretnises ¢0stS Staff ITdinin¥ Bank Charges Auditor s remuner4tion Depreciation freehold propejry Fixnires and fittings Loan Interest payable Grants io instllulions 481 6,810 199 244 i.250 284 3.?50 34.5)4 4,090 152.497 56,414 284 34.554 4.U90 152.497 56.414 151,6.73 .440 369.344 -169.-?44 j.) 1.890 Toial reSoU￿t5 expend¢d 369,344 369,344 3.31.890 Net {expenditureVincome 665.154 605.154 181,8261 Thrs page does not lorm part of the stalulory finaJtcial SiatemerEts Page 22 UKCS31.12.25FINAL Final Audit Report 20264)4-29 Cre*d'. By.. Gareth H￿heS Igareth SlabJs." Transacbon ID.. "UKCS31.12.25FINAL" History Documènt created by Gareth Hughes Igareth@garsideaco)untants.w.ukl 202&04-27- 7.39".48 AM GMT . Document emailed lo S Wilde 1finance@ukchnsth.an￿CX)Is.or9l for signature 202&04-27. 7..39.53 GklT Email viewed by S Wilde Ifinance@ukthristiansthools.org) 2026W-27_ 7'.12."44 PM Ghffr Signer S Wilde Ifinan￿@ukchnstIar￿c￿()o1S.or9l entered name at signing as Sam Wilde 202&￿29- 9.27.'22 PM GMT Document e-signed by Sam Wilde {finance@ukchristiansthools.wl Slgnature Oale. 2o2fv￿29- 9".27".24 PM GMT- TIME SOW￿ ser Agreement compl8ted. 202&￿29. 9..27."24 PM GMT Adobe Acrobat Sign