Company regJstrath)n number 07563439 (England ab Wales) Charlty wistratlon number 1141147 {England and Wales) ST DOMINIC'S PRIORY SCHOOL (STONE) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 •AF14pn4** 015r2026 COMPANIES HOUSE ¥27
ST DOMINIC'S PRIORY SCHOOL (STONE) LEGAL AND ADMINISTRATIVE INFORMATION Reglstered Company Number 07563439 (England and Wales) Reqlstered Charlty Number 1141147 37 Sth"on Road Stone staffordshife ST15 8ER Bo•rd of G¢>¥emors 202&2S I governors are also Directors and Charity Ttustees of St tlornic's Pwb)ry Sch¢)ol lthe"CorryJanf orthe-Schotsl"I and the following served during the period: Qovemors Karen Champ- Chair Stuart Hughes Martin Ware Sarah &'ms- Parent Angela Hughes- Parent Anthony Liversage- Parent {resigned 8 Juty 224) Celia Gilbert Beth Salwood Neill Harvey&rAth- Parent Wicè Chair Riehard Scholes (appointed 1 November20251 Rebecca Harrison IHeaifteacher) Lisa Horritt (Finance M8nagèr) Audilors BK PlusAudtt Limited Chartered Cert(fiedknouniants Graphic House City Road Stoke-on-Trent ST4 2PH Bankers Handelsbanken 1 Lakeside, Festival Way Stok&orFTrent ST15RY
ST DOMINIC'S PRIORY SCHOOL (STONE) CONTENTS Pag• Govèmors. report statemenl of Gov8inors' responsibltieS Independent auditorfs report S¢atern$nt of financk41 actNrties 10 Balance sheet 11 ststèmènt of tssh fbjws 12 Note$ to the ffin•nual statements 13-25
ST DOMINIC'S PRIORY SCHOOL (STONE) GOVERNORS. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEARENDED 31 AUGUST 2025 The Govemors (who are trustees and directo) present ther annual report and the audrted finaniwl 51alements for the year end 31 August 2025. The financial statements have been ppared in accordance the accounting policies set o(rt in note I to the financial ststements and ¢oryly wrth the scho.$ goveming dJn[ the Compants Aet 2006 and "Accounting and Reporting by Char.es_" Statement of Re¢ommended Pra(ce appli¢abte to charities preparing ti)eir accounts in accordance with the F[nancl Rwbng Standard apPh¢ab K) the UK and Rwiblic of Ireland IFRS 102y' leffectwe 1 January 20191. OBJECTIVES AND ACTIVITIES Publk Benefft The Governors have c4)mplied wth thelr dvty in thè ChartS Ad to have due regard to the public benefft guidanee published by the Commission and are ever mindful of the need to pro¥Ade public benefft and to this end set ts fees as low as pgssible to ffet the funding reqijirements of opetaling the s¢hool. Term fees for the Springl Suftynertemis 2024r25 academ year linci. VAT where applKYblel were as foHthvs.' Pieschool 5 fijll days 7'.30am 1.1pM 7.30am- 3.20pm £23Seek £331sessh)n £49.501sess)n £4156.34 £4tr26.02 £4765.10 £5117.48 £527150 Rpts"0n Preparory School (Primary 1 - 21 Preparatory School (Prirrory 3- 61 S?nioT Sehool Iyear 71 Senior School (Year 8- 111 The school use5 a mtUrn of bursaries and sponsotships 8$ a way of ènsuring children Ytho otherwis• would not be in a posthn to attertd the school can do 50, With of gross fees currentty allocated for such bursaries and schoLgrships tt Ys irtherent in the schoofs ethos that an indi¥iduaFs economic status, gènder, •thniety, raee, relwion. or dBabilty do not form part of the seCts"On procedurs. We are an equal OPPOflvnty organisation 8nd are commÈtted to a woth"rrtJ anwroftmnt that is free trom any Yom of discrimination on the grounds of colour. race. ethnicty. retsgron. sex. sexual orientab"on. or disabilty. ¥11 makÈ reasonable adjustments to meet the needs of staff or pupls vkno are or become disabled. The school makes its sporting and drama tscilth'es av4ilabk to bcal groups and organisations. The $¢hool wekomes holiday clubs to hire its hall and grounds enabling them to proe actNitEs not only for our pupib but also lor ehildren from the wKJer communty. Pupils atso pa1pate in a wryje range of actwit$ and charitsble events that benefit thè k>eal eommunty. ACHIEVEMENTS AND PERFORMANCE The Governors havè adopted a 'fvè èlémètts. approach to drivè thé sehool forward. is that thks framework foeuses the Stratègic developmértt oflhè sehool and allo1 all stakehobdèrs to bettèr un(Sèrstsnd how the Govemors are 0"n9 to develop the school. Excelnt èducation and pastoral ear• Upgraded facilrties Unique experne&S Community engagement Target class srzes11&201
ST DOMINIC'S PRIORY SCHOOL (STONE) GOVERNORS. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 (Al Exc•lkrrt education and Pastoral Ca As a non-secti¥e sehool we aTe extremely prouij of our sbjdents resutts at GCSE. As our chsldren have a wide range of abilty and SEN all children have indwbjual targets based on their level. We are pleased to say that over 79% of our students met or excèeded their predaed grddes and levd of achievement 82% of total enlries athièved grade 4 or above (nalnal average tsf71%1 35% of totsl entrs achiert grade 7 or above InalKJnal average of23%1 82% of English Language entrres achieved grade 4 or abovg (national average of 60%) 87% of Math5 entries achieved grade 4 or above Inat"onal avgr8ge of S8%1 100% of Foreign Language entries athieved grade 4 0( above {national average of 72%) 80% of Dual Science enth.es 8chi8ved grnde 4 Of above (national avera9e of 58%) 100% of Individual Triple Science entrie5 achieved grade 4 or above 95% of RE entrie5 achVed grade 4 or above Inabonal average of 7) Pastoral Care Our school prides itself on ensuring that every thihj i8 truty understood. and valued as an individual. We place strong emphasis on high-qU81ty pastoral 17re. recogni5ing that chijdren thrNe when they f8el safe. conffdent. and supported. By nurturing positive relationships and maintsining a caring envinnment we enable wpi15 to explore new chaInge$ vAth assvrance and enthusiasm. As 8 srrAII school. we are uniquety positioned to persanBltse not only the currityJlum. but also the yder range of aebthes. t)ppO1Jnrt$. and leveLs of guidaneè w• prowde. Thi5 indivKlualised approaeh ènsures tt1 eaeh child re¢effts the support they need to succeed. grow in confidènce. and rèaeh theirfull potential. {Bl Upgraded Fa¢llbtkns Thè focus of thè GovÈmors on upgrading the faulth"•s continues. Investrnent in infomation technology, the folling programm8 of replaetng and upgrading laptops and des0P$ for staff and pupils continues. After thè major investment in the sports hall and priory hall in previous years. th•se facilities eont¢nue to be avakble for both intem81 Iprrze gmngl and extemal •vents Iparties, nIenl. {Cl Unique EX5 Providing the children at st Domin.$ with nue experiences 01 sehool life that are MerrKIrab. rewarding and lrfè enhancing 1$ an area that the Governor5 are keen to corrttnue and further explor6 wder opportunf(ies. ThTrs includ85 sthool try. dignitartgs th• and Papation in Duke of Edinburgh bronze and $ir awards 5chewnes. A car$ week has been held Whe students spent a week w¢yknng in varying areas of business and oryanisth.ons to gain experince. Many assembl$ and sessions were hebJ with guest speakers coming to share theirjob and role with studènts. The ts¥10 entry gro enables the èxtension of sport offering and provtsion. and we now have 3 areas to partakè in sport- School MUG4tsports Halvextemal rènted field. Sessions are now splrt for 5enioTs into Garres sessiorls and PE sessions so a Wer cuThiuJhJm and sport training can be carried out This wll contrnue to 9T¢ and be reviewed in the frJttJre. With the extenOn 8nd developrrent of the grfted and tslented programme many students now take part in several annu81 exlemal eompetitsons such 85 rrmths challenges, public speaking etc., opening ktp and widèning opportunthes and expenences for thern. Earfy years and KSI enpy explOratn and prowem s¢knng and other forest gL*Mtes at Ihg loeèl w¢ldlrfe arèa that we ujrrently vtsf( on a weekly b8SIS.
ST DOMINIC'S PRIORY SCHOOL (STONE) GOVERNORS. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 (DI Community EngageThTrt We work with Stone Town Council areas S[h as Rernembran Day. Stone F•stNals, Stone in Bloom, and tho like. We have raised the capacty and number of iesidentsl tstps across the age range and provhded more links and oppone5 for students to nTro¢t antj support within th8 eommunty, gmng both eare•rs and work experience. Playgroups and play dates have been offered to th Communty trj supw)rt mothers ofyoung children to get together and provide earfy engagement and edu¢atyon through play for under 2s. Our stsff have visited local providers to offer CPD to their sta11 forming positNe links and sharing good practice. The school is constsnyysupporb.ng loral parish and devtloping fijrther links. Christmas and Easter cards. harvest and Christmas boxes are created and colbted at school by the students and then dk%tribtJted to the elderty and wlnerable wthin the ¢ortvnunty. Liaising vth the parish and school for r¢presentstw and invornent in parish masses and other areas suth a$ supporting local partsh i5SU¢s for the th11drer, titijryy. The school facilths i.e. sports hall, Priory Hall and school car pgrk are made available to the WJ&r corrrnunty for their us¢. mern of the local community are Ènvited to many School events and this also ertables the chik1n to interaet and leam more abOt mertlers ofthe Wer communty. IE) Pupil Numl>erslClass saze Th8 Governors have established a medtum48rm 9oal of 220 pupi15 for the %hool and a long4errn goal of 250 pupils. This number of pupiL8 is consistent class SEes of 1&20 pupils. Pupil nurnbers over the ¢our5e of the 2024-2025 8cad8m"c yea¥ startèd at 193 and fintshed at 2Ce. FUTURE PLANS The school continues to recognise the finanwl pies5ures factng parents and proactwety Seeks ways in which cost sawngs or addkn'onal fijnding can be achieved, so that fees can kept as as possibk whilst st1 maintaining the high sland8rds that the school expects in am areas of ts operation. Signffjcant Improvement wtsrks havè been rn8de to the SLt8 and these Improvements wll corEbti4t• to ensure that repairs and prèventative rrAintenanee are arried out in a logical and t.mèty manner. Thg senior school has rrointsined a 5ts¥dy cTe¥s8 of pupl nurrtJ8rs fftrthe last few years du• to the d•mand for high-level education being sought in the area. To a0mModate in¢re¥se the s¢hool CDnts"nues tg offer a 0- forn entry approach in it5 senior school and conb.nual ie¥iew of the school ¢Ltrnculum to increase and widen even fvrther our provisi¢)n and expgriences for our students_ Continued and infftased volVenI with the lo¢al eonynunity and pavish in leasing out of our facil but also to support local chae$ and small eommunity 9roups. FINANCIAL REVIEW Fin8ncial positK>n The school incuvred a deficl of £70.17312ff24." defic4t 01£31.945) in the perKxl and has secured financial support in the forn of donKJns for the o)ming year that support Investrtt in improbd 18cilrtws for the S¢101 and operational costs. Thè schoofs total ineomt for thè yèar was £3.1]63.691 (2024.. £3,010,280). Operating expendrtUTe during the year was £3,133,864121y24." £3,042,225). The mapr element in this is the implementation of pay awards to our teaehing saff to keep in line wrth pay scaf85 in the Statè sector. Govemnnt thanges to mnimum wage. employers Nl and k¢s5 Of business rate relief have also impaetèd_ The cash at bank balance by the sthryA at 31stAugus1 W25 w3s £314.68212024: £289,795). Gotng forward into the 2025f26 school yaar the &)vamors consider the funds avaikblè at Ihe bank together with further committèd donath)ns to sufficient to support the sehoofs In5t neèds and op8rab"ons. Based on the school's projecth)ns. vthich iodude donations received sinee the year end, there are sufficient funds available to support thè school'5 trpèrations for the lofeseeabk futts. Throughout the academic year 2024125 donatK)ns tot8llÈng £501,079121r24." £654.Wl wère reeeNed by thè scho.
ST DOMINIC'S PRIORY SCHOOL (STONE) GOVERNORS. REPORT (INCLUDING IXRECTORS. REPORD (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Fundpolic4ès The school ha5 fvn¢Js of £4.679.537 12Q4'. £4.749,710) vthiBh constst5 of restrictèd funds 01 £56.363 12024.. £55,696) and unrestricted fvnd5 of £4.623.174 12024". £4.694.0141. The aim of the school is to buikl up suffl¢ieTht reseNes so that the school can 0rate wrthout the requ1mnI of thé support of donatmjns ad wll con"nUe to make investment in the school facilths. The level of free reserves. being unreStled fijnds $$ unrestrieted ft<•d assets. is a suwus of £147,(K$312¢Y24'. su1u$ of £99.1431. The tsrget level of free reseryes is the current dOnatn level whi¢h the school plans to achkve by conbnuin9 to increase pupil numbers and reduce operating costs. The tsrget is Ihe amount of new pupil ineome 8nd Cost csjts to be achieved to match Cuent donations. Restrirtgd funds This ftrnd r8presonts firnds r¢ed for specthc purposes. UnTrstrict8d fynds rhis fund prirrrdrily relates to incom¢ from sehool fees and donations ¢301NG CONCERN The Govemors and ExecutNe Officers are constsntly nwnitorin9 the fjnancial posthon of the Schocl and also prepare financial forecasts to monrtor th? School s abilty to meet rts financial obligatsons a5 they fall due. These forecasts show the extent to whids thè School ts lIant on third paty ¢Yonab"ons. The Sehool eurr8n¥y has committed financial support in the form of dgnation5 to enable (( to operate for the h)re5eeabie fulure and the Governors therefore believè there are adequate resources Vthh will enable St Domin,$ to meet ts liabil"e$ for at lèast one year from the dale of signing of these fmancyal ststements. FOT reason, the Governors believe that therè ale no material unetrtainties and that is appfopriate to adopt the going concern basis in weparing these financral statments. STRUCTURE. GOVERNANCE AND MANAGEMENT (Igvernlng Document St Dominic's Priory Sch¢xl Istonel. a company tirnited by arantee No 7563439. is al$0 a Charity. Registered No 1141147 and was incorporated on 14 March 2011. On 26 May 2011 it tijok over certain assets and liobilrties relats'ng to St Domin.$ Priory School from the English DorninThn Con9regatK)n. Th8 School 15 governed by ts Art[c5 of Associakn. Prfnclpal Acllvhies Thè Ath"cles ofAssociation under which St Dominic's l>rKJry School (Stone) is éstsblrshÈd Sets as rts objectNe 'the advancement of •dUeaon in the Roman Catholic traditk)n by the ¢on¢Juct of an independent school or schools and in particulai to operate St DominK's Priory School. Stone. Stsfford5hire and by ancillary relvJious and educational actwih8s for th• b8n•fft ofthe communty at krge." The company 0rateS St Dornin's Pwiory Sthool in Stone. Staffordshwe. The school i8 presenY a day school. The school consists of Preparatory school for chih#ren betren a9es of 3 years and 11 years and a senigr school ft)r childT8n bètrleen thè ages of 11 yeaws and 18 yéars. OrganlsattoTral Structure Day to day running ol the school is degated to the Head leather and the Senr Leadérship Team oper8te wrthin policies set by the Governing Body. Befo nsideraton by the fvll Goveming Body matters are norrr011y discussed by spèthalist sub-commtti•ès, leh eotyprise.. Finance and General Purpose5 lincludirwJ Business t)evebpryErrti Govemance Educati0nlCathol Life
ST DOMINIC'S PRIORY SCHOOL (STONE) GOVERNORS, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Governors Appolntment and Trainlng The govemors constantty review the balancè of professKnal experience and strengths within the Goveming Body. The Governing Body indudes Govemor5 SP8¢rfKaUy Klenttfied for their exFerien¢e and capability in the fields of busin855 Managerrn( finance. faCiti"8$. and edu10n. AJI prospeetive Govemor appointees are agreed by Ihe lull &)veming Body prlor to appointment and on appointrnent undergo an induction programrre. Govemor training is provided on an 'as required. basi DISCLOSURE OF INfoRMATION TO TIIE AUDITORS In so far as each of the governors are aware, as govem015 of the charitable company. at the date of the report.. There is no relevanl audit inforTrtion of which the charitable Company s audrtOfS are unaware." Each govemor has tsken all step5 that he or she shouka have taken as a governor in order to make him or her aware of the relevant audrt information and to èstablish that the charrtable eampanrfs auditors are awai• ofthal inlonMIn. By order of the board Mrs Karen Champ 24 M8ft 2026
ST DOMINIC'S PRIORY SCHOOL (STONE) STATEMENT OF GOVERNORS. RESPONSIBILMES FOR THE YEAR ENDED 31 AUGUST 2025 The Vernor5. vkno are also the direcaors of St Dominids Priory School (Storbel for the purpose of company law. are respor¢sible for pieparing the Governors. Report and Ihe financtal Statets in accordance wf(h app1'Cab law and United KingdomAccounting Standards (Unrted TrQ"ngdom Generalty A¢¢epted Accountsng Practscel. Company law requires the G¢)vernor5 to prepare financ1 statements fDr each financial year which gNe a true and fraw view of the state of affairs of the Sch¢)ol and ol the incoming resources and aPpIats.0n of resources, Ineluding the income and expendrture, ofth• tharitable conwany for that year. In Preparing these financial statements. the &Jvemors are required to.. - select suitable accounting policies and then apply them consistenty". - observe the methods and princip$ in the chereS SORP,. - Thake judgernents and estileS that ale 8$onab 8nd pwdent 51ale whettr applicable UK Accounting Stsndards have been followed, subF¢t to any matèrial depathsres disclosèd and explained in thè financknql statements- and - prepare thè financial statemtrrts on the going coneem basi5 LFniess rt i£ inapproprte to présum that the School 11 eontinuè In operation. The Govemors are responsible S)r keeping adequate accounting records thèt disclose with re850nable accuracy at any time the financial position ofthe School and enabl8 them to ensure that thè financial statements eomply wrth the Corrffjjanies Ad 20CE. They are akn responsiblè for saftguardY Ihè assets of the School and hence for taking reasonable steps forthe prèvèntion and deteCtn of ftaud and othèr iiwularth"es.
ST DOMINIC'S PRIORY SCHOOL (STONE) INDEPENDENT AUDITOIYS REPORT TO THE GOVERNORS OF ST DOMINIC'S PRIORY SCHOOL (STONE) Opinion We have audited the financ1 staterrtsnts of St Dominids Priory School (Stone) {thè'Schoofi for the year ended 31 August 2025 which corrprise the ststement of financial adivitigs. the balance sheet the statement of cash flows and notes tg the financial staterrents, includtng signifan1 awunb.ng pg1i¢i?s. The fin8n¢ial repoTbng framework that h8s been applied in their preparatK•n 15 applicable law and Unrted lQngdorn AOUnting Stsndards, including Financial Reporting Stsndatd 102 The hnanc4 Répo9 St&ndd apph"e&We in th& UK 8nd Republic of Ireland Iunrtèd Ktngdom GèneraltyAeeèptsd AettMJnkn"n9 PAdèl In our opinion, tht financial stattmths". gNe a true fair Mew of state of Ihe charrtab companls affairs as at 31 August 2025 ard of tt$ incoming resoures and app&"catJon of resources. for the year then ended.. have been properly prepared kn accordance With United Kingdom Generally Aepted Accountsng Practi., and have be•n ptsparèd in accordancè wlh the FBqurrtmènts olthè Compani•sAd 2(#J6. Ba¥ls ft>r opinion Wa condudad our audit in aceordanc8 with Intemabonal Standards on Audrtlll9 IUKI IISAS IUK}l and apPIable w. OUT re5POnsibilth"e5 under those 5tandard5 are fvrthei described in the Audittsfs TrSp("brf.s for thg audit gf tho finan1 statements sed]"on of our reporL We are independent of the Sthool in accor¢Jance wÈth the ethi1 requirernents that ale relevant to our audrt of the finanual statements in the UK including the FRC s Ethi1 standard, and we have lulfilled our other ethieal responsb11rti in aceordancts with thes• rèquirements. We believe thatthe audit evidence we have ¢)btsined B sufvent al appropriate to provtde a b0515 ftyour opinbon. Conclusions relating to going corKem In auditing the financral stslerrents, we have conduded th the &Jvemtsrs' of th? going concem basis of aKounting in the preParatn of the finan¢i31 ststerrents is 8ppropriate. Based on the Work we have perfomwl. we have not bJentifEd any Ththri81 uncertainties relats'ng to events or condrtions tha( IndiduallY or collectivety. cast 5jn[¢anI doubt on the School'5 8bility to continue as a going coneern for a period of at least efve rrKnths from when the financral ststemert5 are authorised for issue. OLsr sponSibl1e$ and the responsibifrties of the Govemors with respect to going o)ncm are described h) the revant sectiorns otthis report. Other Information The other inftsffnation comprises the infonNt"on includéd in thè annual rèport othèr than the natal stements and our 8udf(0rf5 report thereoTr. The Vernor5 arè tssponsiblt for thè othèr infomution contained within the annual reporL Our opinKJn on the financial statements does not cover the other informabon and we do not express ny form ol assuraneè cortelusion thn. Our r•sponsibilty ts to read Iht other information and, li doing sts. eonsKlèr whèthèr thè other inlorrnation is matèrially nieons¥stent wrth the finanerdl statèmtnts or tsjr knovAedgè obtained in the cour3e of the audrt or OtherSe appears to be m8terialty n¥sstated. If identty such mater1 inconsistencies or apparent rnater1 rnisststemenls, we are requi¥ed to determine whether this gNes rise to a material misstatement in the financial staternents Iherrtselves. If, based on the work we have perfom7ed, we conelude Ihatth8r& Is a mat•rial misststement ofthis other InfotiOn. we are reqsjired to reportthat fact We have nothing to report in this regard. MthTS on whlch we ar¢ requlrad to report ty •xceOlon We have nothing to report in resped of thè foll¢ving matters til rolation to which th• Chanlies (AcUnt5 and Reports) Regulab"ons 2008 ¥equires U5 to report to you rf. In our Opin)n_. the information given in the financial ststements is inconststent in any nwterial respect wth the Govemors. repor(. or sufficiènt accounting records have not be kept or the financial statements are not in agreement wth the acco¢Jnbng records.. or WÉ have not reld all the inlDrmab"on and explanations we réquirè for our audiL
ST DOMINIC'S PRIORY SCHOOL (STONE) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE GOVERNORS OF ST DOMINIC'S PRIORY SCHOOL (STONE) Re5ponslbiElll¢s of Governors As explained fijlty in the statement of Govemor5' responsIbrtIes. the Govemois, vtho are also the directors of the School for the ptjrpose of company law, are responsibk for the preparation of the financsal statements and lor being satisfied that they gNe a true and fair view. and for such intemal control as the Governors determine is necessary to èrable the preParatn of financ1 ststements that are free from terIal rnisststemenl whether due to fraud or error. In preparmg thè financ#al Statents. the Go¥emor5 are responsible for assessing the School's abilty to conth.nue as a 90ing concem, dOSIng. as applicabl8. matter5 related to goin9 concern and using the goin9 concem basis of accounting unless the Governors either intend to liquidate the charrtable company or tg 4$¢ 0rath"On$. or no realistsc aNemth¢ but to do so. Auditors rnsponsfftbÈlrties fot th• audit of the finanelal statements We have been appointed as audiéor un¢Jer section 144 of the Chants A( 2011 and pOrt in accrdanCe wrth the Act and relevant regutatiorts de or having effect thereunder. Our objectNes are to obtsin reasonable assurance about %¥ttether the finanrial statements as a Who ar• free from material misstatement whether due to fraud or error. and to Bsue an audf(oes report that includ8s our opinion. Reasonable assurance is a high level of assurance but is not 8 guarantee that an audrt condurted in accordance ISAS IUKI wll aayS detect a material misststement when rt exists. Misstatement$ Can arrse trom fraud or error and are considered malerpl rf, indNi(Jualty or in the aggregate, they uL reasonabty be expected to InflenCe the economi¢ deci5K)n5 of Use tsken on Ihe basis of these fjnancial ststem8nts. Irregularties. including fraud. are instances of nortro)ryliance wilh laws and regulatlons. We design procedures in line with our responsibihb"es. OUtTred above. to detect wotèrial misststennts in rèspect of Irregula.$. ineluding fraud. The extent to which our PTocedures are capable of detecting iffegtjlarities. ineluding fraud. is (J•tailed below. As part of our planning proeess.. we enquir•d of managerrent the systems and controfs the charity has Yt place. the areas of Ihe financial statements Ihat are rrK•st suscepb'ble to the rk of iThegularities and fraud, v4hether theTe was any known, suspected or alleged fraud. The chanty did ncrt infomi us of any known, suspected or alleged traud We obtsirled an understsnding of the legal and regulatory framevrforks appficable to thè chanty. We determined that the following were most relevant the Charity SORP. FRS 102, chariti.es Act 2011. Companie5 Ad 2006. We consKJered the ineenltves and opporlunltes that exist in the eharity, ClUdIng thè extent of rrAnagement bkgs. whh present • potenkn.al for irregutawib.es and fraud to be perwuated, and tsilored our risk assessment accordingly. Using our knvwledge of the charty. together with the discu55Ms held wilh the charity at the planning stsge. we formed a conclu5KJft the risk of misststewnt due to irregukqrities induding fraud and tsikjred our procedures according to this risk assessment The key procedures we undertoc¢k to detect iegulaTItIes induding fraud during the covrse ollhe audlt included.. Identifying aftd testing journal entrs and the overam aecounting reeords. in particular th05t that wère signfficant unusual. RevieA9 the anal statemènt disclosures and detenYMnllig whethèr accounting polleiès hav• bè•) approprotely applied. RevIen9 and ChaIrIg1Th3 the assurytions ond judgements used by management in th•ir significant accounting estintss. Assessing the extent of compliance, orlack of, wth relevant and regulations. Asse$5ing the v8lLdty of the dassifi¢atKsn of income. expenditure. assets and liabiif(M bets*en unrestricted and restrtted fvnt1s. Obtaining third paty eonknation of rrAt•rial bank b31ances. Documenting and verty.ng all signtfi(ant r•latsd paty balances and tsansacb"on5. Reviewing documentatson such as chanty board minutes for dISSSIOnS of irregulae$ indufling fraud.
ST DOMINIC'S PRIORY SCHOOL (STONE) INDEPENDENT AUDIToifs REPORT (CONTINUED) TO THE GOVERNORS OF ST DOMINIC'S PRIORY SCHOOL (STONE) B¢eause of the inherent limitalions of an aud¢ there s a iisk that we wil not detect 811 irregUrIbeS. induding those leading to a material misstatemenl in the finanoal statemènts or non-compliancé with re9u5at#)n. The risk increases the more that compliance wrth a law or regulatK)n is rerrve(1 from the events and transadions reflected in the Ilnancial ststement4 as we wll be less likety to become aware of instan¢es of norKomplsance. The risk is also gat8{ re9arding irrggularities 0n9 due to frdud rather than eor. as fraud involves intenl'onal concealm?n( forgery. ljus1On. orni10n or miwepresentatknn. A fvrther de5criplion of our responsitiilils 15 avaAabl8 on tho Finarwl Reporting CourKif5 website at https'.11 YN4w.frc.org.ukJauditorsresponsibiliéies. This desryipti.on form5 part of our auditotrs repo Us• ofour fe This report is made solely to the chartys trustees, as a body, in accordance vthh Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audrt wowk hxs been undertaken so that wé might state to the ¢harTtys trustees those matters we are required to state to them tn an audrtor's report and for no other purpose. To the ftjlknt extgnt permrtted by law. we do not accept or assume responsibilrty to anyore other than the charty and the ch8riVs trustees as a body, lor our audit worK forthis roport. or foi thè Op10n5 we have foTrThd. Jared Groun$ell 8sc FCA (Senior Statirtory Audi For and on bèhalf gf BK Plus Au¢Jrt Ltmrted Charter Certified ountsnts Oate..
ST DOMINIC'S PRIORY SCHOOL (STONE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOMEAND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 TLal fvnd$ 2025 fvnds 2025 fvnds 2024 fvnds 2024 2025 2024 Income and endowm•nts fr<>m: Donations and legaes Charrtable aCtivitS other tra¢Jing activ¥ti8S Invests))ents oth?T incorr 488.233 2.214,838 29,012 1.285 317,477 12.846 501.079 2.214.838 29.012 1,285 317.477 654.903 2.098.S4J4 23.812 1.967 rJo.694 654.903 2,098.904 23.812 1.967 230,694 Totsl Incon 3,050.845 12,846 3.C63,691 3.010.280 3.010,280 expenditure on: Rai%in9 lunds Charitable actNrttes ¢Jh*r expèndituro 10.721 3.117.932 1.119 10.221 4,592 3.122,524 1,119 9,611 3.018,078 422 9,611 14.114 3.032.192 422 Total expendlture 3.129.272 4.592 3.133.864 3.¢Y28.111 14.114 3.042.225 In¢omtl{exp¢ndlturel {78.4271 8.254 {70.1731 (17.8311 (14.1141 131.9451 Transfers betsveen fund$ 7.587 17.5871 16.8961 Ntt movÈmtnt in fund$ 10 {70,8401 {70.173) 110.9351 {21.0101 131,9451 Re¢onciliation of funds.. Fund balances at 1 September 2024 4.694.014 55,W 4.749.710 4,704,949 76,706 4.781,6SS Fund balances at 31 August 202S 4.623,174 56.363 4.679.537 4.694.014 55.696 4,749.710 The statèmènt of financial actNiknes indtjdes all gains and k)sses reco9nised in the year. Al in¢ome and expenditure Iler& from conb"nuing acb"viiies. 10-
ST DOMINIC'S PRIORY SCHOOL (STONE) BALANCE SHEET ASAT31 AUGUST 2025 2025 2024 Flx•d assets Tangiblè ass5 14 4.484,171 4,607,463 Current a¥s&s St¢xks D8btors Cash at bank and hand 15 16 2.214 198.4( 314.682 1.775 159.162 289.795 515.302 450,732 Creditors: amounts tsllng due wlthln one year 17 (319,9361 1308,4851 195.3e48 142.247 Totsl assets less current IlabllilleB 4.679,$37 4.749,710 The funds of the Scljool Reslrieted Fneomè fvnds Unr•strieted fund$ 55,696 4.694,014 21 4,623.174 4.b79.537 4,749.710 Th• company 15 enlrtl8d to the exemptKin from th• audrt requ¢r•ment containtd in secon 477 of th• Compani•s Aet 2006, for th8 yèar ended 31 AugtJst 2tr25. The direLtor5 acknthyledge their responsibihb.es for corEptying Ihè rèquirements of the Companias Aet 2006 th rèspèet to aCCOUAting records an¢J tl¥e pparats)n of finanthal statèmtrnts. The members have not required the wnpany to obtsin an audit of its ffinancial statements under the requ1mentS of the CompaniesAct 2006, forthe year in question in accordance with section 476. These finanual stslorrents ha been prepared in aKordanee th the prOV10n$ app1tble to companie5 subject .to the srnall MPanIeS regiFrn. The financial thIArrntR appro¥gd by tho G)vcrnots orh &4 Mar¢h 2£ Mrs Karen Champ Governor and Tstee
ST DOMINIC'S PRIORY SCHOOL (STONE) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 2025 2024 Cash flows from operailng activftles Cash generated from operations 2fj 79.738 InTR$1ing *ivilie5 Purchase of tangible fixed assets Proceed5 from disposal oftsngible assets Investment income receNed (38.2511 {75,0491 16.367 1.7 N¢t ¥h used in Inv•stiftg actlvlti 120.$991 173,0821 FlTrancrng activities Repayment of borrowings 123,8341 N•t cash used In Ilnanclng xtiviti 123,8341 Net increasel(decrea¥e) lrt and eash eq1valnts 24,887 117,1781 Cash and cash equivalents at beginning ofyear 289.795 306,973 CAsh and ¢h equivalents at end of year 314.682 289.795 12-
ST DOMINIC'S PRIORY SCHOOL (STONE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Aeeounting polides Charity information St Dominic's Priory Scool {Stonel is a private company limiéed by guarantee incorporaled IA ETrgknd and Wales. The regiered offKe 15 37 Statson Roa(l. Stone. Stafforf5hire. ST15 8ER. 1.1 Basis of preparatlon The financial statements have been prepared in aLdance %%ith the School's goveming document, the Companies Act 2006. FRS 102 'The Finanoal Reporbng Stsndard applicabbe in the UK and Republic of Ireland. VFRS 12.) and the Chanb'es SORP "A¢couftting and Reportyng by Charths.. Ststement of Recommended Pra¢tice appli¢able to ¢haribes preparing their accounts in accordance with the Financial Rèpoibng Standard applicabk in the UK and Repub&c of Ireland IFRS 102)" leffethe 1 January 20191- The School is a Public Benèfrt Entty as defined by FRS 11r2. The financial ststements are prepared in ster9. vkni¢h FS the fv¢t31 cutsency of the School. Monetary arnounts in these financial ststements are rounded lo the nearest£. The financtal ststements have been wepared under the hi5tQFical cost ¢onveThtion. Imodffied to include the revaluation of freehold properties and to include investment propeeS and rtain finanekal instruments at fair valuol. The principal a¢counting policaes adopted are set oui b•kn¥. 12 Going concern The GovemoTS and thè ExÈeLrtfvÈ Ollleers are cortstanty monTtoring thè finaneHI position of the School and afso prepare financial forer2Sts to monitoi the Sthoofs abilrty to meet rts financial obligations as they fall duè. These forecasts show the extent to whh the School is réli8nt on third p8rty donats'ons. The School currenlly hes committed financial support in the form of donaknns to enable rt to operate for the foTseeable futur8 and the governors therefore believe there are adequ8te resources whith wll enable St DOrnins to rreet ts li4kn1ityes lor 8t least one year from the de of signing of these financial statemerrt5. For thts reason, the govemors 118¥8 that there are no material uncertainties and that tt rs appropriate to adopt the going ncern basis in preparing thes8 financbal statemerrts. 1.3 Charitablè fvnds Unrestricted fijnds are awamable for use at Ihe drAretion of the Govemors in fvrtherance of their ¢haritable obiecttves. Restncted funds are subject to specific Conditions by donor5 or giant5 a5 to how they may be used. The purposes and uses of the restnLed fvnds are set out in the notes to the financ[81 statsments. 1.4 Incom• Donatn5 8rè reco9nis8d as intomè wh80 the SChL1 is legally entiutd to ee1ve rt alter any pèrformanee conditions have been met the arUnt Can be reliably quantffied and Ihe econgmic benefrt to the school is consideresy probable. Legacies are recognised on receipt tsr thrwise rf the School ha5 been notffied of an iryiénd4ng distn'bution, the amount is known. al receipt is 0xpect. If the •nk)unt 15 not known. Ihe leg8¢y is tftated as contingent asset School fees reC?Nab are recogn•d net of VAT and after deduth.ng any allowonces. SchorshIps, and bursaries warded by the S¢hool. Such IS Tecognised tn the period in ikn?ich the gducational services are provhled School fe¢$ weivab in atfvanee for edue*"¢n to be PvI]ed in fvtur¢ yèafs ar• Car fovard as 13-
ST DOMINIC'S PRIORY SCHOOL (STONE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Aexountlng pollcles {Contlnued) (>)vemment grants are r¢cognisÈd at the fair value of the asset received or receivable when there ts reasonable assurance thattht grant condibonswll be mè( and the grants wll be receNèd. A grant that sp•fitS portormanee condkn.ons Trs recognised wieome when thè rtOmant• eondtti.gns are met Whèrè a grant ¢Joes not speufy pèrforrrAnee eondth.ons it ts recogftised in income when the proceèds arè recewed or receNable. A gfant receNed before the recognitM)n cnteria are sa.Sfd is cognised as a liabilty. Other income is recognBed when the School is galty entItd to rt after any performance conditions have been met. the arrKsunts (xn be measufed relwbFy. and it is probabty that the income win be receNed. Expenditu Expèndit[£ is raeogntsed onrx thèrè ts a Ial or construcbve obljgab.on to transler •cono¢ric benèfit to a third party. rt is probabkn that a transfar of econom benefits be requrred in settlemenL and the amount of the obligation can be mèasured reliably_ Expendre is elassrfied by acbvity. Th8 Costs of each actsvity are made up of the totsl of dir1 Costs an shared costs, including support costs invofved in undertaknng each actNty. Dired (osts attributabk to a single aetivty ar8 allocated directty to that aetmty. Sharetj costs contsibute to me than one acbvity and support costs which are not attributable to a singk aLNty are apportioned bets¥een those actNitss on a basis consistént with th• use of resouic8s. Cèntral staff costs a allocated on the basis ol time spent, and depr8aation charges are allocated on th• portson of the assefs use. Expenditure on rwstng funds This indudes all expenditure inwrred by the Sthool to Tai5e lund5 for its c?ritable purpJso5. Charitable acbw.tses These are Costs incurred on the School's educattOn81 operat)nS to furtheT its ¢haritabl8 aims for the benerrt of rts benefiuaries, in¢ludhng $UPPOrt $ts relating to Ihe govefflance of the school apportion8d to chartsble 1.6 TangllAe os#d8 Tangible f8 assets are inthally m•asur8d at cost and subsequently measured at ¢ost or valuation. net of depr•ciation and any impawrrent k)sses. Depreciation is recognised so as to wiite off the cost or valuatK>n of assets less their residual values gvertheir useful INes on the followng bases.. Land and buildings -Non*du¢ational equymtrnt- Educational books. •quiptThrrt and rnure Motor hl¢S 2% straighl line Ibuiklings ontyl -5%=-20% strawjht line- 20% 5traiyht line 21)% straight &'ne Fr8ehokl land is not d6pmciated. The gain or loss arrsir¥J on thé disposal of Èn assèt Is dettmined as thè differèncè bèknn the sale proeèeds and the c8rryMig value of thtr assei and recognwl inth¢ ststèmont of fin8ncial athtses. ems costing less than £1.000 ar• written off as an exp8nse as aequired. 14-
ST DOMINIC'S PRIORY SCHOOL (STONE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUEOI FOR THE YEAR ENDED 31 AUGUST 2025 Accounting policies {contiTru) 1.7 Impalrmènt offix•d assets Al each reporting end date. the School revievS the rying amounts of its tangib assets to determine whether there is any indtIOn that those assets have suffered an impainnent 1955. If any such indvtson exists. tho recoverable amount of the asset is ests"mated in order to detemine the extsnt of th• itN)aiment loss Irf any). 1.8 Stocks Stocks consist of catsftng sUpplS and stanery and a stated at the kjwer ofc05t and net realable Vae. Net reali5ablÈ valuè is the estim8ted selling wice $$ all •stimated ts of eompktitin and eosts to bè incuyred in rnacketm9. selling and distribulitin. 1.9 Ca¥h and c85h equlvalents Cash and eash equivalents includ• cash in hand and deposits held at call wilh banks. Bank overdrafts are shown within borro%ings in current liabil"•s. 1.10 Flnanclal instruments The School has elerted to apply the prws)ns of Sedion 11 'Be Financtal InstfurneDts' and Sgdion 12 'Other Financial Instrurrents Issues, of FRS 102 to all of it5 finanrial instrurrents. Financial instrurrents are renised in the Schoofs balance sheet when the School becornes party to the contractual proviSn5 ofthe instruffnt Financial assets and liabile$ arè offset wlh the net ath1nts presented in the financial statsments. when there is a gallY enforceable Itght to set off the recogni%ed aryKJunts an¢5 there an intenth)n to settle on a rt basis 01 to realise the asset and setue the tsabilty simuttaneously. Ba¥ic finanelal 8ss•ts Basic financial assets. whith include debtors and cash and bank baL8nces. are initw81ty measured at transact)n price induding tran5ath.on costs and are subsequenty carried at 8morb.sed rxjst using the effective interest methoij Un$$ the arrangement consblutes a financing transattion. where the transaction is measU¢j at the present value of the trJre receipts dtscounted at a rrrarket rate of interest. FinaTrckql assets elassffied as recivable With one year are rlot an1)rte¢l. Basic financial IITabilitie¥ Basic financial liabilrts. including credftors and bank roans are initialty recogni%ed at transaction price unless the 8rr¥ngemènt ¢x)nstrtutes a finanng transacb"on. vknefe the debt instfurnertt is measured at the present value of the future payments dCOUnted •t ¥ rtwk¢t ratè of interest Fin•neral babl"ÈS classified as payable wrthin one year are not amorti5ed_ Dèbt instDJffonts are subsequentty carrd at amrtised cos( Iwig the effectNe interest rats methcxl. Trade creditor5 are oblvJakn"on5 to pay for goods or services th have been aCqUid in the prdinary eours¢ of opérations from SUpplr$. Amounts payable are class¢fied as current Irabdthes if payment is due wsthin one year or lèss. If not they are Pfésentsd as non-current IAbilities. Tradè crèdrtors aré rècognised inrtially at tTanSaCt pricé and subsequently rreasured at aJYKNtis*d cost using th8 ellective interest mèthod. Der•cognltlon of ffnancial liats"lfties Financial liabilities are derecognised when the SCI.$ contractual obrationS expire or are discharged or anlled. 15-
ST DOMINIC'S PRIORY SCHOOL (STONE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Ac¢ounting Wki•s {C<>ntinued) 1.11 Tax•tion st Dominic's Priory School Istonel is a le9ere charity and 0$ $u¢h is exempl frgm tax on income and gains f811ing wrthin Part 11 of the Corporation Tax Act 2010 or secb.on 256 of the Taxabon of chargeab Gains Act 1992 to the extent that these are appl to rts chargeable obied& There Is no sirrilar exemption br VAT which 15 charged on sch1 fee incorr and is induded in expenditure or in the 5t5 of assets as appropriats. 1.12 ErTWoyee benefits The cost of any unused holiday t1ement ts r•cogrtised ift the penod in which the empè'S semees are receNed. Tenrllnation benefits are recogntsed #Thrndiatdy as an expense vthen the School derTh)nstrably MmItted to terminate the employrwt of an enybyee orlo provJe temtnatr)n beneffts. 1.13 ReroM•nt benefi Payrrnts to dèfinéd contn"bution relfirèn1 benefrt St5 are charged as an expense 8S thèy fall due. 1.14 P¢Dsion During the year the School operated defined contributh?n pension scheff$ and the pension charg• represents the amounts Payab by the School to the fvnd in respert ofthe year. Crltical accouTrtkng estimth and Judgefflents In the aPpltiOn of the Schoofs accounting Fx)hC$, the Govemors are required to make jvdgements, èstimates and assumptions about the carrying amount of assets and liabilth.es that are not readily apparent trom other sources. The estimates and assocrdted assunwts.ons a based on historical experience and other factors that are considered to be relevdnt. Actual resjjlis may differ from these estThates. Thè estimates and undertying assunpts.ons are on an ongoing basis. Revisions to accounting estitiwtes are ognISed in the period in whth the esb.mate is revEed where the revision affects only that period. or in the period of the revIsn and fijture pemds vthere the revision affects both cvrrent and future Periods. In preparing these financial staterr*nts. the Trustees have made iidgements in delennining the.. - impairment of tsngible fryed assets. Factors tsken in to consideratk?n in rea¢hi)g 1he decision indudé tho avaiLqbilty of resouri£s to continue seThice detivery at prevp)us leveb" - usefvl econornic lrfe of tsngible ft<ed assets. The annual depreuabon th3Tge for tsn9ible frAed a55ets is sens¢bve to changes in the ests'mated useful enOMiC INes and resKJual values ofthe assets. The usefvl economic lives and residual values are ieassessed annu¥Ally. They are arrended when necessary lo reflecl eurrent esb'mates based on future investments, econorrthc Ukn"18tion and physical condrtion of the assets. applicakn'on of going concem. The main judgement 15 thè assessment of the group's current and f0caSt cash reserves and net liqu assèts and whetheT thèsè are considered suffiu.ent to met operational commitments forthe foreseèablé fuiuiè 16-
ST DOMINIC'S PRIORY SCHOOL (STONE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 In¢ome from donatlons and legacies Totsl funds 2025 funds 2024 funds 2024 2025 2024 DonatnS and 9rfb 488.233 12.846 501.079 654,*J3 654,903 Income from ¢h•rltable xllvilies Unrestrlcted Unrestrlctad fvnds funds 2025 2024 School Fees Recble Gross School fees Bursaries Sibling allowanees Scholaf5hips Schotsl 5ponsor5hip Stsff discount other di$nts 2.587,W2 129,4871 165.4071 184.0871 {131.753) 143.560) 118.930) 2.382.114 125.3001 126,6651 142.5001 1128.779) 135.8611 124,1051 2.214.838 2,098,904 Incom• from oth•r tradSng activiths unrestrict Unr#str lunds 2025 nds 2024 NoTrCharltab trading acthvitEs 29,012 23,812 Income from inv•stments funds 2025 funds 2024 Interest rl¥ab 1.285 1,967 17-
ST DOMINIC'S PRIORY SCHOOL (STONE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGusf 2025 other iWA>me unrestrIct Unrnstrlcted fund$ funds 2025 2024 (Jher InMe 317,477 230.694 Expendititrn on raislng funds Unrestricted UnreBtricted funds funds 2025 2024 Fundraising and publ•xty Othar fundraising costs 10.221 9,611 18-
ST DOMINIC'S PRIORY SCHOOL {STONE} NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENOED 31 AUGUST2025 VAr 2024 Ohxt¢o•l• T¢a¢hing ¢0sts Wgwore costs Pre5$ Schodng supportcOts 1..? 57.359 12&1 184. 27. 74.714 49.715 330,>? Z27.670 11.W 1.979.942 1,7W240 77,043 97,833 ,072 325,*0 1e4X& 250, 35.518 1.W,883 124.2 585,OS1 414,698 39,e28 1.177 1.558 392.574 41.336 1810 22e8.&51 .6)) 11. 112IS24 2.103.12 796.Q35 163.029 3.032.1W2 Analy0 tyfijnd Unr•slnctod funds Rèstrictsd frjnds ZX6,1$4 140.585 I1. 41179>2 1103.128 7eo.035 148.P15 3.018,078 145.1 11.W 3.1T.524 2.103.128 786.035 IWd,029 3.032.192
ST DOMINIC'S PRIORY SCHOOL (STONE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUEO) FOR THE YEAR ENDED 31 AUGUST 2025 10 N•t mO¥•mt in tsrrfls a)2S 2024 The net mo¥eThnt in fijnds is ststed after chargingl(credrtingi". Fees payable to the charitys 8udrtor - foi the audrt ol thtr ehanvs financial statèmènts - fD¥ Other financial 5ervvs Depreciab"on of owned tsngibté fr(èd as 15,225 3,190 145,176 14.500 3.140 163,029 11 Gov•mo None of the Governors lor any Peon eonn•d•d wth Ihernl receNed any remuneration or other ben•ffts from the School during the year. None of the Governor5 (or any persons Connected wrth thtm)w•r• èxpensès during thè yèar. 12 Empk>y The average monthty number of empkjyees during the yearwa5". 2025 Number 2024 Number Teaching Staff Support staff Admlnistration 31 35 Total 72 72 Empbynmtnt costs 2025 2024 Wagè$ and salariès Socrdl securty costs other pension wsts 1.861,793 183,979 223.089 1,733,354 148.747 209,291 2,268,861 2,091.392 There were no termination pants made during the year. The number olèryk>y•es whose annual remunèratson was ffmire than £60,CQO is as follows.. 2024 Num1 Numb•r In thè band £90,001 to £100,0
ST DOMINIC'S PRIORY SCHOOL (STONE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 12 Employ•es Icofttinued) Remuner#ft of W manag•nxnt p•ffs¢xbn•l The total remuneration. superannuabon end benefjts recevled by Key 4anagernent P8r50nnel was £334.919 {2024-£313.6161. 13 Taxatk)n The chaTity is exempt from oratsn taxation on rts acte5 because alj ts income is applied for chantablè purpos8S. From 1 January 2(r25. following change5 in UK VAT l$latIOn. the School 15 require(I to charge output VAT on tuitson fees. Prior to this date. su¢h income was treated as exem0 from VAT. 14 Tanglble fixed ats or Totsl mibts At 1 September 2024 Addriions Disp95a15 4.747.731 517.927 255.880 3.688 16.8921 37.500 5.559,038 21,839 38,251 116,3671 13.838) 15.637) At 31 August 2025 4,749.729 519.176 252,678 59,339 5.580.922 DÈpreclation and impaimwnt At 1 September 2024 OeprecTrab"on eharged in the year 386.649 95.071 319.034 31,242 234.642 9.962 11.250 8.901 951.575 145.176 At 31 August 2025 481.720 31.276 244.604 20,151 1.096.751 Carrylng amount At 31 August 2025 4.268.IX19 168.9)2 8,072 39.188 4.484.171 At 31 August 2024 4.361.082 198.893 21.238 26.250 4,607.463 15 Stocks 2025 2024 Finished goods and goods for resale 2.214 1,775 21
ST DOMINIC'S PRIORY SCHOOL (STONE) NOTES TO THE FINANcL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 ie Debtorn 2025 2024 Amounts falling wlthln on• year. Trade debtor5 Qlher debtOE5 Prepaym8nts and acuued income 51,039 69,763 1,987 87,412 147.367 198.4C6 159.162 17 crlt01s. •muttts falllng due within ori• y•ar 2025 2024 other taxation and SOCHI security Deferred income Tradè eradrtors Other creditors Accruals 38,931 42,466 124,080 95.551 16.sl)8 34,639 101.618 65,992 80,613 25,623 319.936 308,485 18 Deferred in¢¢me 2025 2024 other defer inco 42,486 101.618 Delerrgd inco is iFKluded in the finanoal statemnts as folknws: 2024 Delerrèd inctrn 1$ induded wrthkn". Curient liabilities 42.4e8 101.618 Movements in the year. D•ferTed ineome at I September 224 Released from previous perk)ds Resources deferred in tho yèar 101,618 1101,6181 42.466 114,519 1114,5191 101,618 Dèfèrred ineome at 31 August 2025 42.466 101.618 DefeFTed incorne relates to school fpes in advan¢9 of the school r.
ST DOMINIC'S PRIORY SCHOOL (STONE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 19 RetIremt benefft schemes 2025 2024 l)ellned ¢ontrlbution sdmes Charge to profft or kryss in respect of dee1 contribution scher$ 223.089 209.291 Restslded fvnd¥ The restrthd funds of Ihe charity comprise Ihg unexpendet1 balanc¢s of donations and grants h?Id on trust subject to sp8¢Yfic Cond"05 by donorn a5 to tmmf they may be used. IncoThing Resources Transfvrn At 31 August 2025 2024 Sponsoiship PFA 43,104 12,592 12.846 17,587} 48,363 8.000 (4,592) 55,6g 12.846 14,Sty21 17,S871 56.363 PTe¥K)u$ year: At1 Incomlng Resources Transtsrs At 31 August 2024 23 Sponsorship PFA 50.oc 26.7C 16.8961 43.104 12,592 114,1141 76,71 {14.1141 16.896) 55,696 Sponsorship- lunt1s recived to sponsor chikjren. PFA- Funds raised by Par•nt Friends Assoctati"on IPFAI. Other- th? school raises fvnds for small propcts. Any donations reNed for these arè ear marked for these projects. 21 ilnrestrkted funds The unr85tricted funds oflhe ch8rty cornpfise the unexpendèd balances of donatK)ns and grants whEch are not subject to speufic conditn5 by donors and grantors as to how they may be used. These include desi9naled funds whh have been set aside out of unrestricted fijnds by the trustees for specffic purposes. At1 lrt¢ththn9 Resour¢a TrnnsfEM At 31 August 2025 2024 Genéral funds 4.694.014 3.050.845 {3.129.272) 7,587 4.623.174
ST DOMINIC'S PRIORY SCHOOL (STONE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 21 Unreslrkted llmds Icontinued) Prwious ye4r: Incomlng Resources Transfers At 31 August 2024 2023 G8neral fvnds 4.704.949 3.010.280 (3.28.111> 4,694,014 22 Analysis of nel assets behvÈen fund Totsl fvAd$ 2025 fvnds 2025 202S At 31 August 2025: Tangible assets Cuffènt assetsl(Irabilitiesl 4.476.171 147.IY)3 8.000 48.363 4,484,171 195,366 4,623.174 56.363 4.679,537 Total lunds 2024 fvnd 2024 2024 At 31 AUg$t 2024: Tangible assels Cuffent assètsl(liabilrtsl 4.$94.871 99.143 12.592 43.104 4.607,463 142.247 4,694.014 55,696 4,749,710 Operatlng lease commitments At the roporting and date the School had outstsnding commrtrnents lor fvture Thynvrwm leas? payrrnts urlder noTcan¢*IL4b opèrth.ng leases. vknich fall due as folknws.. 2025 2024 Wrthin ono yea Betseen and fve years 99,515 78.212 107,647 115,892 1T7.727 223,539 -24-
ST DOMINIC'S PRIORY SCHOOL (STONE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Four of the Gov•mors (2024.. Five) hav8 thih4ren and grandchihjren at the school have received s¢holgrships. stjling discounts and bursaii•s tOtalg £20,282 {2024." £14,461) in the year. The charity has r•c8Ned HR services from Principal HR Partner Ltd. a wmpany crwned by Sarah Sims, who is a trustee of the charty. Although Sah is a trustee. she is not dTrr8cty involv•d in provKlfftg tho seNc¢$. as anothèy partner in the firm oversees the serwce prov¢sioTr. Th• total amoufit paid by the charty to Principal HR during the year was £2,47112024.. £3,976). At the year-end. the outstanding balances related to this tran5ad)n wrth Prinupal HR were £214 {2024.' £nill. No othèr transaclitins Pthè wh lrnst•è$ or kèy managemont Onl, other than thè onè diselosetl abo. All tr8n$adior took pla¢e on • nom1 mm¢[ClO1 basls. Controlling party The school. having no Sha caphtal, is under the control of thè Board of Trusteès. arè also the Directors of the school. 2D25 2024 Deficit for the year {70.1731 131.9451 Adjustments for: Inve5tmefit Igrr recognised in ststtment of fmancwl artWTt DeprecAtion and impawment oftsngibk ft%ed assets 11,2851 145.176 11.967} 163.029 Pllov•ments in totklng e•plt•l: Ilnereaseydéefeas• in stocks Iln¢re85e} in debto Increaselldeereasèl in creditors (De•aSe) in def•rr8d income 14391 139.2441 70.603 159.1521 1.352 132,568) 15,262} 112,901) 45,486 79,738 27 Anatysis of changes net funds The School had no material debt durirsg the year.