2025-08-31-accounts

	Page
Reference and Administrative Details of the Company, its Governors and Advisers	1-2
Governors' Report	3-13
Independent Auditors' Report on the Financial Statements	14-17
Statement of Financial Activities	18
Balance Sheet	19
Statement of Cash Flows	20
Notes to the Financial Statements	21 -37

REFERENCE AN	D ADMINISTRATIVE DETAILS OF THE COMPANY, ITS GOVERNORS AN FOR THE YEAR ENDED 31 AUGUST 2025
Governors	MrMiroslawGliniecki, Bishop'sRepresentative&ChairofGovernors
	MrsAnneNash,ViceChair
	RevPatrickSherlockSDB, Rector
	RevMarcoVillaniSDB
	RevPeterBrealeySDB
	MrPaulTurrell
	MrClaytonAlmeida(resigned 23October2024)
	MrAnthonyGribbon
	MrMarkChatterton
	MrsTracyJones
	MrsPaulaDix (appointed23October2024)
	MrGerardOwens, Headmaster
	MrPaulDalgas,Teacher Governor
	MrStuartBannister(appointed 23October2024)
	MrMatthew Bunyan(resigned23October2024)
	DrTobySucharov,Parent Governor(resigned20October2025)

Company registered
number	06753037
Charity registered number	1130166
Registered office	119ReadingRoad
	Farnborough
	Hampshire
	GU146PA
Company secretary	MrJohnMorgan
Independent auditors	WelldenTurnbullLimited CharteredAccountants
	StatutoryAuditors
	AlbanyHouse
	ClaremontLane
	Esher
	Surrey
	KT109FQ
Bankers	SantanderUKPLC
	2Triton Square
	Regent'sPlace
	London
	NW13AN
	LloydsBankPLC
	25GreshamStreet
	London
	EC2V7HN

	Restricted	Unrestricted	Total	Total
	funds	funds	funds	funds
	2025	2025	2025	2024
	£	£	£	£
Income from:
Otherincome	13,866	232,760	246,626	171,300
Schoolfeesandothercharges	-	9,515,325	9,515,325	9,455,131
Investmentincomeandinterestreceivable	-	406,268	406,268	312,966
Total income	13,866	10,154,353	10,168,219	9,939,397
Expenditure on:
Investmentmanagementcosts	-	7,524	7,524	7,058
Charitableactivities	14,316	9,781,448	9,795,764	9,280,694
Total expenditure	14,316	9,788,972	9,803,288	9,287,752
Net (expenditure)/income before net gains
on investments	(450)	365,381	364,931	651,645
Netgainsoninvestments	•	34,087	34,087	94,712
Net movement in funds	(450)	399,468	399,018	746,357
Reconciliation of funds:
Totalfundsbroughtforward	30,679	9,639,480	9,670,159	8,923,802
Netmovementinfunds	(450)	399,468	399,018	746,357
Total funds carried forward	30,229	10,038,948	10,069,177	9,670,159

	BALANCE SHEET	BALANCE SHEET
	**AS AT 31 **	AUGUST 2025
			2025		2024
	Note		£		£
Fixed assets
Tangibleassets	11		4,877,141		4,705,810
Investments	12		1,100,306		1,039,884
			5,977,447		5,745,694
Current assets
Debtors	13	610,099		377,119
Cashatbankandinhand		6,388,684		7,484,583
		6,998,783		7,861,702
Current liabilities
Creditors:amountsfalling duewithinone year	14	(2,164,145)		(2,793,514)
Net current assets			4,834,638		5,068.188
Total assets less current liabilities			10,812,085		10,813,882
Creditors:amountsfallingdue aftermore thanoneyear	15		(742,908)		(1,143.723)
Total net assets			10,069,177		9,670.159
Charity funds Restrictedfunds			30,229		30,679
Unrestrictedfunds			10,038,948		9,639,480
Total funds			10,069,177		9,670,159

		2025	2024
	Note	£	£
Cash flows from operating activities
Netcashusedinoperatingactivities	18	(962,790)	3,001,232
Cash flows from investing activities
Interestincome		372,409	312,966
Proceedsfromthesaleoftangiblefixedassets		3,000	5,500
Purchaseoftangiblefixedassets		(542,377)	(179,787)
Dividendsandinterestfrominvestments		33,859	34,305
Net cash (used in)/provided by investing activities		(133,109)	172,984
Cash flows from financing activities
Net cash provided by financing activities		-	•
Change in cash and cash equivalents in the year		(1,095,899)	3,174,216
Cashandcashequivalentsatthebeginningoftheyear		7,484,583	4,310,367
Cash and cash equivalents at the end of the year	19	6,388,684	7,484,583
Thenotesonpages21to37formpartofthesefinancialstatements

School fees receivable
	2025	2024
	£	£
Grossfees	8,694,901	8,691,775
Less:Totalbursaries,allowancesandscholarships	(641,132)	(655,885)
Catering,coaches,examinationandtripincome	1,461,557	1,419,241
	9,515,326	9,455,131

	2025	2024
	£	£
Miscellaneous income	200,164	163,577
PTA donations	13,866	7,723
Pre registration VAT	32,596	-
	246,626	171,300

	Restricted	Unrestricted	Total
	funds	funds	funds
	2025	2025	2025
	£	£	£
Staffcosts-teaching	-	4,811,856	4,811,856
Staffcosts-administration	-	677,153	677,153
Staffcosts-technicalandmanual	-	326,228	326,228
Otherdirectcosts	13,866	527,829	541,695
Depreciation	-	371,047	371,047
Catering,coaches,examinationandtripexpenditure	450	1,664,796	1,665,246
Establishmentandutilities	-	1,241,475	1,241,475
Schooladministration	-	147,559	147,559
Auditorsremuneration	-	13,505	13,505
Total 2025	14,316	9,781,448	9.795.764
Summarybyfundtype
	Restricted	Unrestricted	Total
	funds	funds	funds
	2024	2024	2024
	£	£	£
Staffcosts-teaching	*	4,394,810	4,394,810
Staffcosts-administration	•	620,566	620,566
Staffcosts-technicalandmanual	*	338,047	338,047
Otherdirectcosts	7,723	519,305	527,028
Depreciation	*	342,847	342,847
Catering,coaches,examinationandtripexpenditure	750	1,579,594	1,580,344
Establishmentandutilities	•	1,304,981	1,304,981
Schooladministration	-	154,551	154,551
Auditorsremuneration	•	17,520	17,520
Total2024	8,473	9,272,221	9,280,694

	Unrestricted	Total
	funds	funds
	2025	2025
	£	£
Incomefromlistedinvestments	33,859	33,859
Bankinterestreceivable	372,409	372,409
	406,268	406,268
	Unrestricted	Total
	funds	funds
	2024	2024
	£	£
Incomefromlistedinvestments	34,305	34,305
Bankinterestreceivable	278,661	278,661
	312,966	312,966
Auditors’ remuneration
	2025	2024
	£	£
AuditoftheCompany'sannualfinancialstatements	16,050	17,520

Staff costs
	2025	2024
	£	£
Wagesandsalaries	4,283,504	4,051,694
Socialsecuritycosts	498,758	424,328
Contributiontodefinedcontributionpension schemes	1,032,975	877,401
	5,815,237	5,353,423

TheaveragenumberofpersonsemployedbytheCo	mpanyduringtheyearwasasfollows:
	2025	2024
	No.	No.
Teachers	66	66
Technical&manual	13	13
Teachingsupport	5	4
Administration	14	15
	98	98

	2025	2024
	No.	No.
Intheband£60,001-£70,000	8	5
Intheband£70,001-£80,000	1	1
Intheband£80,001-£90,000	-	1
Intheband£90,001-£100,000	1	1
Intheband£100,001-£110,000	2	1
Intheband£110,001-£120,000
Intheband£120,001-£130,000	-	1
Intheband£130,001-£140,000	1
Key management personnel
	2025	2024
	£	£
Totalremunerationpaidtokey managementpersonnel	606,098	549,311

	Long-term
	leasehold	Plantand	Motor
	property	machinery	vehicles	Total
	£	£	£	£
Cost or valuation
At1September2024	5,900,670	2,981,520	88,913	8,971,103
Additions	335,623	206,754	-	542,377
Disposals	-	-	(29,150)	(29,150)
At31August2025	6,236,293	3,188,274	59,763	9,484,330
Depreciation
At1September2024	1,887,347	2,289,033	88,913	4,265,293
Chargefortheyear	180,620	190,427	•	371,047
Ondisposals	-	-	(29,150)	(29,150)
At31August2025	2,067,967	2,479,460	59,763	4,607,190
Net book value
At31August2025	4,168,326	708,814	-	4,877,140
At31August2024	4,013,323	692,487	-	4,705,810

	Listed
	investments
	£
Valuation
At 1 September 2024	1,039,884
Additions	124,537
Disposals	(118,376)
Revaluations	54,261
At 31 August 2025	1,100,306

Debtors
	2025	2024
	£	£
Due after more than one year
Trade debtors	71,716	20,741
Due within one year
Other debtors	118,814	6,844
Prepayments and accrued income	419,568	349,534
	610,098	377,119

	2025	2024
	£	£
Tradecreditors	359,529	189,006
Othercreditors	148,279	205,870
Othertaxationandsocialsecurity	120,412	102,179
Pensionfundloanpayable	116,969	109,469
Accrualsanddeferredincome	46,787	8,706
Depositsandschoolfeesreceivedinadvance	1,337,190	2,146,077
Netobligationsunderfinanceleaseandhirepurchasecontracts	34,979	32,207
	2,164,145	2,793,514

	2025	2024
	£	£
Depositsandschoolfeesreceivedinadvance	690,203	1,108,004
Netobligationsunderfinanceleaseand hirepurchasecontracts	52,705	35,719
	742,908	1,143,723

	2025	2024
	£	£
Financial assets
Financialassetsmeasuredatfairvaluethroughincome andexpenditure	6,388,684	7,484,583
Financialassetsmeasuredatfairvaluewhich areequitytotheissuer	1,100,306	1,039,884
Financialassetsmeasuredatamortisedcost	92,092	27,585
	7,581,082	8,552,052
	2025	2024
	£	£
Financial liabilities
Financialliabilitiesmeasuredatamortised cost	(494,000)	(265,638)

Summary of fun	ds - current ye	ar
	Balanceat1					Balanceat
	September 2024 £	Income £	Expenditure £	Transfers in/out £	Gains/ (Losses) £	31August 2025 £
Designated funds	925,000	-	-	25,000		950,000
Generalfunds	8,714,480	10,154,353	(9,788,972)	(25,000)	34,087	9,088,948
Restrictedfunds	30,679	13,866	(14,316)	-	-	30,229
	9,670,159	10,168,219	(9,803,288)	-	34,087	10,069,177

Reconciliation of net movement in funds to net cash flow from ope	rating activities
	2025	2024
	£	£
Netincomefortheyear(asper StatementofFinancialActivities)	399.018	746,357
Adjustments for:
Depreciationcharges	371,047	342,847
(Losses)/gainsoninvestments	(60.422)	(121,959)
Dividendsandinterestfrom investments	(33,859)	(34,305)
Safeoffixedassets	(3,000)	(5,500)
Decrease/(increase)indebtors	(232,981)	24,900
lncrease/(decrease)increditors	(1,030,184)	2,361,858
Interestincome	(372,409)	(312,966)
Net cashprovided by/(used in) operating activities	(962,790)	3,001,232

	2025	2024
	£	£
Notlaterthan1year	392,920	425,546
Laterthan1yearandnotlaterthan5years	1,408,352	1,465,506
Laterthan5years	6,339,977	6,673,660
	8,141,249	8,564,712
The following lease payments have been recognised as	an expense in the Statement	of Financial
Activities:
	2025	2024
	£	£
Operatingleaserentals	333,683	412,240