Company re9i$tratlon number 06596179 IEn9l*nd and Wales) Charlty registratlofi numbor 1142914 (England and Walesl WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) LEGAL AND ADMINISTRATIVE INFORMATION TnE5tee¥ MrYKar Mi Mahmut Gunaydin Mr RustamAiyev (Appointed 19 February 20261 Secretary Mr Hu88yin Adak County of inco￿OratIon Unrted Kingdorn (England and wa￿$} oe5%179 Charlty ￿gIstra￿on Engkqnd and Wales 1142914 Regi$t8red offic 110 Colindeep Lane London Middl8sex United Klngdom 6HB Audttor KPSR LLP 58 High Stre&t Pinngr Middles8X HA5 5PZ WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) CONTENTS Page TtU6tees' report Statement of tru8tees' responsibil￿e$ 18 Ind8P8nd8nt auditorfs report Statement of financial adlvtties 22 Balan￿ $hegt 23 Stslement of CAsh flows 24 Note$ lo the financial statements 25-35 WSSDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 AUGUST 2025 The trustees present their annual report and finan￿¥1 stalernents forthe year ended 31 August 2025. The tharty operates under the name North London Gramrnar School. The headtea¢her during the period under review wa5 Mr H FAdak. Financlal &tatsrnents The financial ststernents have been prepared In accordance wrth the accounlrbg policie$ set out in nots 110 the financial st8t8ment5 and comply with the Scttoofs governing document. the Companle$A¢t 2006, FRS 1a2 Yhe Financial Reporting Standard applicable in Ihp UK and R&public of Ireland and the Charitles SORP"Accouni"ng and Reports"ng by Gharilies.. Stslement ol Recommended Pr8dicÈ applicable lo Char￿"e$ prepartng thelr aceounts in ac¢ordance wilh the Financial Reporting Standard ePpI￿able in the UK and RepublK of Ireland IFRS 1021". Obje¢llves #nd Actly￿e8 The primary obje¢tDies ofthe company. as set out in it8 Memorandum ofAsso¢iatioTr, are to manage funds and appty income for tharitabie purpose$ for the publ￿ ber&frt, partiujlarty in advancing education. Thi$ Includes 5UPPOrting individugls experiencing flnan¢ial hardship through grants fgr servicès and fa¢ilitie5, and 93lablishing and Maintaining edutational inslrtulions 8uch a8 nurseries. s¢hools. collegès, and unlvgr51tie5. The charity aim5 tL) tnake 8 positive contributlon to educadon by promting awareness and engagement in key aTeas Including technology. mathen]atics, science, music, sport, hUman￿e5, and the art8 among students, parents. and the wider community. It also seeks to Dryanise programmes and events that support disadvantaged members of souety in d&veloplng the skills and Ca￿clty needed to partiopate fully in communily Ilfe. In 8ddition, Ihe charity is commltted to promoting equality and diversty aeross England by en￿uraging the elimination of dis￿lmInation on the basi$ of fa￿. religion, di5abilty. or ethnic ollgin. strategle$ torA¢hleving Obl￿tIveS Ta delwer th8S• alrns 8ffeclivety, ihe Trustees, logethèr wtth the H8adte8ther and Senior Leadership Team, hav8 agreed on a number of strategic prioritie5. These include proMding hlghqualty educatson supported by exeelent teaching. lÉaming, and co-curricular oppoflunitie$ for all pupils, regardless of background. The S¢ttool is co￿￿￿rtIed to retruiting and retalning high-calibr$ staff and supporbng their ongoing professional dtvelopmenl. It also se8ks to maintain a dwerse pupil body by offering financial support, where possible. through means-tested bursaries lunded by limited endowment resources and fvndrassing. Ernbraelng modern technology is 2 key priority, enablln9 pupi15 to develop indtpendenco in ￿arnIng and prepare for lulure cha118ngeE. In line with its commitment to innovation in edu¢ation, the Scho¢1 ha5 int?grated Al-as$lSted leaming tools wthin the Key Stage 3 curriculum. This InilialNe is designed to enhance personalised feedback and strengthen digital literacy. en$uring that pupils aTa well prepared for an lThcrea$ingty CoMp￿X and evofving technologic81 envIron￿nt. WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPOR (CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2025 The School Btrives to create a supportive pastoral 8nvironm&nt where pupils feel safe, valued. and able to thrive. with opportuniti&8 to contributs to the eommunty and develop a strong sense cf service. To fvrther strengthen lis pastoral provision, Ihe School has introduced'WellbeiTrg Wednesday5'. which include strudured mindfulness se55ions pètrr $vpport workshops. ThK% In￿atsve has contributed po8ltively to pupil r8silience and has l)een well retsived by the parent community. Efforts are a150 locused on maintsining fijll enrolment across all year groups by attracting ac¥demlcally capable pupils who Can benefit from the School's rigorous academic provision. St￿ngthen1￿9 relati¢n8hips wrfh 5tskeholders including parents, families, and alumni remains a priority. alongside builditku patinerships wth other charitse5. oulrea¢h initialiv¢s, and the wider c¢JmThunity. Tre S¢hg01 continues to make its fac11￿8$ availabk for ccmmunty use Nvhere appropiratg. ensuring all s8fegu3id￿9 requirem8nts are met. ID detÈrmining its actniitses, the Trustees have given due CDn8ideralion to the guidarKe i$sugd by the Charity Comrnission. Thè Trustees confirm they have complied with the duty 10 have due regard to the ChaTtty Commlsslon's public benefft guldaThce, particular￿ in relation Io odvanclng education and r$duclng financial barriers to access. WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORTI (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Actlvltles to A¢hl¢v• Charrty Obj•¢Uve$ for Public Benefit Bur8ary Provlslc•n North London Gratntnar School is commttted to ensuring that acce55 to edu¢ab"on is not Iirted by financial circumstances. To support this aim. the School offers fee a5SiStance through its bursary programme to eligible students. In the 202>2024 acadèmic year, 15 students bene)Ited from bursaries totalling £47,137. In the followlDg year12024-2025 ac8dernic yearl. thls increased to 19 students, iwth £74,969 awarded in financial support. rhe School recognises that education exlend3 beyond acadetnic athievement and inclu¢es social interactlon and shar8d experien¢e$. ThrDugh its bursary pro¥ision. NLGS seeks to f08ter a diverse and indu5ive studènt body, enriching the educational environtT7ènl lor all. Bur&aii8s ol up to 100°h of tuition fees rnay bÈ awarded, based on a range of critèria including perfomiance in entran¢& 3s$essments and inl¢tvi&ws, potential ¢onlributiDn lo thè School community, tsmlty Income and ass8ts, and other r¢kvant personal circurnstsnces. Bursaries remain a key e￿Mallt of the School's 8dmission5 process. By ofering financi81 support. NLGS aims to 5u$tsin a broad sociTreGonomic mix within it5 Studenl population. promoting faiine5s and inclusivity. The S¢hool carefvlly balances financial need Nwth the indiwdual strength$ and potential each studant brings ￿ the o)mmunty. The School also recognises the long-temi irnpact of education. understanding that its student5 ￿11 rA)ntribute to shaping soclety. By WKlening a￿e$S to hi9h-quality education, NLGS seeks to develop responsible, engagetl. and forward4hinking individuals who can make meaningful ¢ontributlOns bolh lo(alty and gbbalw. Scholarship Provlslon Ncrfth London Grawntnar S¢hool also Offe￿ full and partial sd)o*rships to stsjdents a¢ro8J all year groups who démonstrats exceptional academic ability and strong leaming ski118 suited tc the School's rigerous currfculum. These scho13r5hips ar£ awarded annually as a proportlon of tuition fees. In the previous academicyear. 69 S￿dentS received scholarship support amounting to £383,714. In the following year, the nurnber of reripients incrtased $I￿h1￿ to 71 $tudent$, while the tolal number awafded d8ueased marginally lo £380.364. Scholarships ar8 awarded through g thorough and wmpetitive s•ie¢tfjDn process. which consid8rs academic p•rfomiar¢e alongside personal 8nd lamity circumstances. The School also evaluates each $iudenYs potential contribution to thp wldei school comrnunity and their abllty to thrpie within a dernandiTTg a¢ademie environrnent. This piogrnmme forms a central part of the School's Com￿*t￿ent tts oxcellen¢e in 2duralion. By offerin s¢hoLqrships, NLGS Continues to prtrmote equal opportunity and ensure that rapable students b•nefrt from the lull range of educaYon81 expariences avsilable. REGULATORY COMPLIANCE AND SCHOOL DEVELOPMENT North London Grammar School continues to operate under the oversight ol Ihe Independent Schoo13 Inspectorate (ISI). ensuring that all 4spe¢ts of its PWOVl5ion remaln aligned with the required regulatory standards. Throughout th8 year. the School has maintsined a strong focus on compliance. ￿gUlartY reviewng and refining Its polirJe8, procedures, and 4ay-ttrday prartices In ar8as such as Safeguarding, cufflculum delfvery, and staff dev8kJpment. The School Development Pian has been furth8r strengthened to reflèct ongoing priorities, wlh a contlnued &mpha8i5 on enhancing the 9uallty of leaching aNd learning, as well as pastoral provi7K)n. Thi5 plan remain5 a central tool it) dnving sustained improvement a¢ross the School. Thè Self-EValU8￿on Form ISEFI has also been updated and ￿vIewed, providing a thorough and refleGtive assessment of the Schools perfoman¢e.11 continues to $erv8 as a key dccument in id8ntfying strenglhs and areas for development. supporting strategic planning and accountabilty. Senior leaders h*ve remained activety trngaged witr ISI guldance and professional devek)pmgnt opportunities, including relevant br￿fing5 and webiD8rs_ These hav8 supported the Sthool in keeping up io dale with b8st practice and r6gulatOry 6xpe¢lation5, ensuring that standaTds of edu¢alion, safeguarding, and student wetra￿ r8main cor15iStentty high. Thg Schoofs safeguarding pollcles are roviewed annually, all 81aff rècelve regular trdining, and the de8ignated Safeguarding lead report5 termw lo Trustees. WISDOM SCHOOL {NORTH LONDON GRAMMAR SCHOOL TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Ex+¢ulive Summary.. Academlc Year 20244025 The 2024-2025 acadernic year has been a period of significant achievement. growih. and national recognition for Narth London GramrnaT School INLGSI. This report oudines the School's conb.nued commllment lo a￿demiC excellenc£, as demonstrated by the 2024 GCSE re$ulls. Whe￿ over half of all grade$ a¢hleved w&re Grade 7 or above. This performance. representing a positive upward trend, ha$ pla￿d NLGS among the lop 1°A nationally for GCSE oulcotnes. strategitalty. the School has reached a rnajor milestone with a suce8ssful rsi Insp8etion in Marth 2025, re¢eiwng the highesl possible report. Buikling on this success, the School has lomially expanded ils provision to includa nursery and junior school, e%￿ndirtg trur age range trom 4 to 18 yèars. Foll¢wing ￿tOgnition by Thè T•lègraph as one of the UK'S be¥t value4or-money Independent schools. NLGS enlers the next acaijemic year in a strong and welkstablished ptssitson. CHAR￿ABLE INITIATIVES AND COMMUNITY ÉNGAGeMENT Coffee Moming for Maemlllan Cancer Support On Friday, 27 S&pt8mber 2024, th& School w•lcomed members of the parent communrty to a coff?ty moming held in support of Macmlllan Cancer Support. The School was honoured to host The Worshipful Mayor of Bamel, Councillor Tony Vourou, 8nd Councillor Nagus Narenthirs as our dIs￿nguiShed guests. Th8 èvenr was a testam&nl to thÈ g&nerosity. ueativity, and communty 5Pllit of our parents, who contribut8d an Impres8Ne selection of hDme-baked cakes. Through thoir participatlon and kind donations, a total of £260 wa3 raised for Ihls ImPDrtant cause. NLGS Spon$orship= New Year Good$ Fair 20Z5 North London Grammar Schotyl was ple8sed to servè #s the main sponsor and host a stall at the New Year Goods Fair 2025. held on 4 January 2025. The event, organi$ed by UKHKer CIC and UK HKer Neighbourhood CIG. provided an excellenl opportunity to engage with the local communrty and cel&brate th8 New Yeartogether. The S¢hool Nva5 honouipd lo welcome a numbtrf of dists"nguished visitor5 to our stsll. Induding Mayor of Barnet, Councillor Tony Vourou, CouncillL)r Nagu$ Narenthira, and Councrllor Humayune Khali¢k alongside our partnts, students. and alumrbi. Th8 èv$ni was well attended and provlded a valuable opportunty for cammunty èngagement Lotus Foundation As part of Qui Cutture Day ¢e￿bration, a total of £100 was raised in support of the Lotus Foundalon. This amount was generously contributed through voluntary don8tions, with attendees invited to donate £2 te $arnp18 a wlde array of (fishes represenbng the rich cultural diversity within our school community. Jeans for Gon•8 Day On Friday, 20 September 2024, students and staff p8rticipated by wearlng jeans in p18ce of Iheir u3u81 uniforms. In exchange for a volurblary dcnation. The School comrnunily rai89d a total of £22U. conbibuted to funding researth and w¥Adlng mueh-nèeded support lor familiè5 across the UK impacted by gen8tic disorders. BBC Children in Need Duriry the year. Junior School pupils p8rticipated in actNitie5 supporting Ihe BBC Childfen in Need appeal. demonstiating creatyvty and a strong s8nse of 80cial responsibility. Embracing the therne of 'Heroes," pupils came to 8chool dressed as their per8onal role models-fdnging from Pudsey Beal to Inspirational figurp5 froTn ev?ryday life. In the artefnoon, inspired by the GLHdiators. students participated enthusiastically in a hffjh*nèrgy burpees chall8noe. demonstrating both Iheir cotntnittnent a￿d enthusiasm for the cau8e. Atotal of £41 was ral8ed in support of the appeal. WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Wings of Hope A dedicated group of six Year 10 8lud8nt8 I¢M)k Ihe initiative to organlse a s8r185 of fundraising 8V8nls in support of ngs ol Hope, a charty focused on prOV￿ling free educat¥)n to underprrvileged chI￿reTr around the workl. Th8 fundraising activities included= A Krlspy Krerne doughnut sale in Decetnber 2024. A Groundhog Day4hpmèd swaét Bale on Friday. 31 January 2D25. r8cognislng the North Arwdcan tmd[t￿ft. A "Superhero" nonwunlfomi day on 14 February 2025, en¢ouraging pupils to atten¢ school dre83ed as theii favDurite heroes. Through thoir collectivé èfforts, the studants raisad a lotsl of £213 d8mongtrgting commandabl8 iniliatlv8 and So￿al responsibilty- Anti4ullylng On Frfday, 28 February 2025, 5tud8nts in Y8ar5 7 to 9 parkncipateil in a Wear P￿￿. initiative as part of The School's commitment to piornotill9 aDIi-bultyin9 awareness and raisèd £46. By wearing an item of plnk clr>thin9, puwls detnanstrJt6d their support fDr standing against all forms of bullying and he*d to reinforce a culture of kindness, Inclusion, and r8spect wlthin The School community. Walk 2 Water Insplres Actlon On 4-5 March 2025, répresentalives from the Time To Help IUKI ¢harty defivered an engaging and Ihougm. provoking assembty, Walk 2 Vlater. to raise awarene8s of the water Crisis in Afri¢¥. Students explored issues Such as watèr scarclty. &an￿ation. and conservation. and participated in an aclwity carrying heavy water-filled ierry ¢an$ to gain insight into th& daity challenges faced by children acc&$sing dean watei. The charity also encouraged fijndraising effort5 to supportthe constmction of wells. emphaslslng the tran$fomative Impactthat reliable sccess to Sofa water can have on communit"es. Thi5 evellt was primarily awareness-focuyed. and nc $pecffic lundraising target was set,, however. $tudeDt$ were encouraged to consider indepersdent $ponsorship. The School eomrnunity has demonstrated stmrvj 9enero$ity through various initiatives throughout the year. The followng eventsAnilfjats"v*s took pla￿ Taising a tot81 of £1,464 with 5 5urnmary of Ihe results as OUt1￿￿d below." Coffee rnoming for Macmillan Canc&r Support raising £260.. Culture Day k)r Lotus Foundation raising £100.. Jeans for Genes for Genetic Disorder5 Research rdising £220., Chlldren in Need BBC Appeal raising £41., Year 10 Initiative torwing5 01 Hope raising £213". Anty-8ullyllig- Wear Pink Initiative raising £48,. and Wint&r Fair ialsing £585 for the Paront AssocIat￿n Charfy. Public beneftt The trustees have paid due regard to guidance issued by the Charrty Commission in deriding what a￿lVrtles the School should undertake. WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 AGADEMIC ACHIEVEMENTS Outstsnding GCSE R&¥ults-2024 The School recorded strong academlc outcomes In the 2024 GCSE examinatiot15, facilrtating successful tran5il¥)ns ror the majonty of pupils into their preferred post-16 destinalitsns. Over hall of all grad85151%1 were awardèd at Grade 7 or above, repiesefiling a m8rted ImprovetnEllt over the 45% a¢hi&v8d in 2023. These results relect a suslained upward I￿nd in acadetni¢ $tsnd8rd5 and the efficacy of the S¢hool'5 teaching and learning stralegie5. Kgy Highllghts.. 100% pas$ rats in Engllsh and S¢l¢nce 98% pa8? rate In Math5 Th8se resutts ar8 a tsstsmeni to our students, commitment, perseverance. and the strmg support nelwork providad by our Staff. ISA Awards 2024- NLGS Recogni5ed as a Finalist North London Grammar School has been named a firnalisl for two Awards, In recOgn￿lon of the suctrss of 0￿r 3rd Internatlonal Greenwich Olympiod 2024. This year. the Otympiad welcomed 449 students from 48 countrie¥, showcasing a ￿rnarkable 310 projects. Our sch¢)ol has been shortlisted in the following ¢ategorks'. Outstandlng Engagoment In thé Cornmunity Innovatitsn In Independent Education This recognition reft8Ct8 The Sch(xil'$ wntinued c4mmitment to excelbnce and ?nga9ement beyond ¢he classfoo 5¢hool Community and Partner¥hips Welcome Eventfor Junlor School Parents Held on 13 Seplernber 2024. Junior School parents We￿ invited lo attend an inforrnation evenlng providing the opportunity to m88t with membars of thg Senior Leadership Team and class teachers. The event focused on oul4ning academic expe¢tatrons. sttaring curriculum overview5, and dlscussing strategies to $UPPDrt pupils Ihroughoul th8 8cademic year. Parents also had the opportunity to visit dassrooms and engage with staff, helping to strengthen home-school partnerships. Yearn 7 & 8 Parents Information Evening On 19 September 2024. parents of 51udpnts in Y&ar$ 7 and 8 were invited to attend a Parent InforrnatiOD Evening d85igned to strengthen the partnership be￿Be￿ home and school_ The event yrtsvided an opportutmty for parents to meet their child's subject loachers and connect wlth other families wthin The School cornmunrty. The evening included a cornprehensiv¢ oveNi8w ef a￿deMIC pxpectstlons, routines. and support struthre5 In place for the year ahead. Kèy tt)pi¢s covered included school procedures. monitoring of pupil progress. commun￿a￿oI1 channels bettveen home and school. and information ￿gardIng ext13curricuL8r clubs and edU￿t￿Jnah trip$. Par8nts also had the opportunity to engage wlth members of tme Senior Leadership Team and the Year 7 and 8 pastoral team through a dedicated question.and-an5wer session. Culluro Day Celebrations On 18 October 2024, Norih London Grammar School celebrated Culture Day. an event designed to promoto Cuttural awa￿ne$S and appretiatton within The School community. The DiTring Hall was arranged lo host a range of cultural Stslls representing the diverse backgrounds h%ithin The Schtrol comfllunity. A diverse array of traditional sweets. savoury tlishes, anLI beverages were shared, show¢a$ing cultures from countrias including Turkey, South Korea, Pakistsn. Soulh Africa, New Zealand, Iraq, and many other5. The event provided a valuable opportunlty for pupils to engag8 With and leam about the rich cultural diver&ty that exi515 ￿thin the School. WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT (CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2025 Winter Fair The School's dedicated Parent Asyoci8tion successfvlly 0ry8nlsed the Annual Wlnter Falr, which look pke2 on 8 De¢ember 2024. The event featured a wide range of eng8ging aclivrties, including indooi games, arts and ¢rafts. and face palntlng. providing an indusive and engaging environment for all attendees. A varfety ol food and refreSh￿n{S WE￿ a150 ov2ilable. 9enerou$ty contributed by mèmbers of the School Community. The event rai52d a totol of É585, whi(* was donated to the Parent Association's ch08en tharty, reflecting the generosty and communtty spirit of all involved. SLT Coffe8 Mornlng The SLT Coffee Moining on every letm provided a valuable opportunity for paients aThd Carers to engage wilh ￿nIOr school l¢adets in an Info￿81 aetling. The session fa￿lItated the sharing of kèy school updates. ir¢luding progie55 on strategi¢ prforities and forthcorning initiatives. It also sÈNed as a plaffomi lor Ope￿ di8cusslon, allowing attèndees to raise questions and provlde feedback on rÈ¢Ént developments. Par8ntAsso¢latton Mèetings Règular Parent AssoaatioTr Mee￿N9$ were held thrDughou* the y&ar, providing a $tru¢tur8d forum rne3nitTrglul dialogue betheen parents and school ropresentatives. The consistent engagement helped strengthen the pariner$hip between home and School, ensuring that the parent voice remained integral to the development and Continuous improvetnent of th8 School community. Surnm•r Falf (Fridoy Fundayl The final Friday of the 202￿2025 school year was marked wlh Friday Funday, where $taff and paTents ho$tsd variety of st811s-trom scoubie making to ¢andy floss, lucky dlps to 'spLgth Ihe leach8r.' and TnDre. The event wa$ w811 attended and provided a relaxtrd and enjoyable setting for 8tudents, parents. and slaff to ¢om8 together and C81ebrale the ¢Jo$¢ of the Schval year. CULTURALAND ACADEMIC ENRICHMENT Visitors From Ghlna We w￿￿ honoured ie host di8tingui5hed guests from Aidi School, B8ijing. including Sarah, Exe¢utive Vice Prfnupal. and Cathy, Vice PrSncip81 of the British School Departmenl. Their visit focused on gaining insight5 into UK 8¢hool n78nagement. with discussions around currtculum management, shjdènt support sysiems, and data•riv¢n deci5ion- making. Cultural Exchange wlth South Korèa We wekomed 88 visilor5 from South Korea, inthding headteachers, teacher$, 8choDI ￿aders. and local representatves from the Mini$ty of Education. They partirypated in a schDol lour and attended several presentatioTrs covering key ar88S such as education, pastoral Care, the UnNafsity Foundation Programme IUFPI, and the Intematfjonal Gr￿￿wIch Otymplad IIGOI. Internatlonal Edu¢aiors' Vl¥lt- February 2026 In February 2025. North LonLlon Grammar School hosted approximatety 130 $8nioF educ&tors, induding Headleachers. D&puty Heads. teachers. Heads of Pastoral Ca￿, student rnentor¥, and Gareefs advisers. These visitors repie5ented both International and bcal 5choo15 from countr￿$ snduding South Korea. Laos, Albania, Malaysia. Indonesia. BangLqdesh, Kazakhslan, B05nia and Herzegovina, 8nd Ghana. As part of their participatlon in the BErr 2025 Conference. the group visited NLGS ¢0 tour The School and attend preserntations highlightin9 key areas of our provision. These included our educational approach, pa8toral care systems, the Unlversity Foundation Prograrnrne. the Intematsonal Greenwich Olympiad. The vlslt was well receivgd. wlth guests expiesslng apprecia¥"on lor Th$ Sehool's standards and values. It provided an excellent opportunty to showcase ou¥ t￿MMItment io acmdemic excellen￿. Student wellbeing, the promotion of Briiish values within a div8rs8, intemational environment. The visit aL%o facilitated the exchange ol best Pra￿l¢e and helped to Strengthen relation5hip$ wtth edu￿tar$ frcffj across the globe. WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Vl$lt by Ihg Chief Executlve Oflicer of the Indgpèndent Schoots Councll IISC The Independent Schools Council IISCI Chief Executive Officer, Ms Julie Robin50n, VY5ited the $¢hool during the academic year. During the visit, she met with staff and student5 and was briÈfed on the Echool's educstional provision. aparational approach, and community values. Thè wlslt provided an opportunity to present the s(*¢¢l'$ practlce and to engage wlth the wider independ8nl education sactor. International Engagetnent and School Partnership Visits by the Hèadieaeher In February, Ihe F4eadtea¢h8r undèrtook visits to schools and agènci•s In Albanla, Mohlova, Au6tri8. Kosovu, and North ma￿dOn12, where meetings were held headteachers, school leader$, and 16£ching staff. These engagements provided an opporiunity to present North London Grammar School INLGSI and lo explore potential areas ol collaboration. including student ¢xcthange piogrammes, the University Foundation Prograrnrne IUFPI, surnmer school provision, and the Snternational GreenwKh Otympiad IIGOI. Engagèmeth also took place wlh recruitment agenries Tesponsib￿ for studènt admissions to NLGS. ensuring they were fully infomied ol th£ school'5 programmes and cAYfirnissian structure. Over the coll￿e of the wsrt, approximatety 17 schools, one unfver8rty. one ￿UcatiOn ag8nw, and repre5entatiVB5 ftllrn the Department of Educallon ol Moklova w¢rg angag6d, abng51de other institutional stak2haklers. Several institubons indicated intETest in developing collaborative partnerships with NLGS. In particular, the Department of Education of Moldova has expressed its wljingness lo formaiise ¢ooperation through a Memorandum of Understanding IMOUI. Discussions also indKated potential area5 for future devek)pment. including Student exch•nge prograrnmes, the Unwer5ity FoundatK)n Pragramme. dual qualificatian pathways. and teachertraining iniiaiives. EDUCATIONAL TRIPS & EVENTS Duke of Edinburyh Èxpedition On 4 Octob&r 2024, Year 10 and 11 8tudent$ embarked on th?ir Duke of Edinburgh Bronze Award expedititsn In the Chiltern Hills. Over the course of twa days, th&y demcmstrated self-sufficienty. selling up l$nt$. taoking meals, and navwJ8ting the terrain over 14krn each day. This experience aL80 incorporated valuable lessons in fi'tst aid and emergency procedures. New S¢lent18t Llve Trip Year 11 attended the New Scienlisl Live at the Excel cenler, London on the 14 October 2024. Students explored the latest Innovab"on8 In STEM (science, iechnology, engineering and mathematicsl. which provided an opportunity for them to extend their laaming bayend the classroom and galn handS￿ll 8XP8ri8llC8 wrth C￿tin￿dg* téchnology and scientiflc Concepts. Modol Unitad Nations in Prague siudents partlapat8d In an educational visit to Plague, Czech Republic. ¥vhere th&y attÈnded the 2024 MeriMUN Imeridian Internatio￿￿1 Sthool Model Unhed Nations) conference fvur of our students returned home with awards. Beyond Ihe confgrence, our students had the chance to explDre Plague's cultural I￿8¥￿￿$. From the historic Old Town Square to the c￿mentin￿￿ Astronomi￿1 Tower and Kafka Museum. Warsaw Model Unned Natlons D¢lègates Our siudenrs had an unforg8ttable experience atiending the VLOMUN Conferences In Warsaw. Students also parb"¢ipaled In orgenised cultural and recreational activilips, contributing to tèam tohesion arnd a positive ovorall experienc¢. The visit cfjntributed positive￿ to leam cohesion and provide(J ¥a￿ab￿ opportuniti65 for collaboralwe engagement among pupils. Y•ar 11 Mu$l¢ Trlp to the London Collseum Qn 3 February 2025, Year 9. 10 and 11 students £ttended the English National Opera's produ¢tion of Mozart'5 "Marriage of Figaro" al the London Coliseum. The opera displayed a brilli8ntty chaotic plot grounded by some magnifi￿nt muslc by M02art at his p8a WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Yoai 10 AY8gnal FC Language5 Workshop A grcup of our Year 10 students had the valuable oppOrt￿nIty to attend a 18nguag8s wod¢8hop hosted at Ar38nal Football Glub, organised by Pearson Edexcel. The event W8s desiglled to highlight the Importan￿ relevance of language ￿arnIng in today'5 globali5ed world. The wgrkshop featured a s&rles of Inspiring and inleractrie sessions. during which students trxplored how ￿nglIage skills can broaden career opportunities across diverse sectors such as mediclne, mèdia, and Ihe armed forcgS- rnany of which offerthe potential for intÈmational Iravel and collabor81ion. The day conEluded with a liv&ty "Languages Got Talenf showr2se, where stud8nts from participatlng $¢hools demonstrated their Ilnguistic ablities Ihrou9h a variety of creatlve perfomiances, Induding musi¢, d4n¢e. and dmtna. Scholat3 Club Trip to Oxlord Year 10 students visited Oxford Univarsty's opèn day, tourlng historic eollages and th8 c4ty. Thé trip provided Valuab￿ insight into unlversty h'fe aad future slydy options. ACADEMIC AND CAREER DEVELOPMENT INITIATIVES Young Scholars Prograrnme In November 2024, the School launched tb annual Young SEholars Programme during the More Able and Talented IMaTI Evening. This initiative reflècts th8 School's commitment ta providing appropriate challenge and anrichment for high4chievirtg pupils. The evening 5etved as a celebration uf a¢adema¢ excellen¢e and student t4￿nt across a broad sPeCtNm of disclplines, including STEM, Music. Saenc&, and global thernes su¢h as sustainabilrty. It was a showcase of the intellectual curiosty, creativity. and ambition we $eek to nurtura through th8 programm8, encouraging students to putsue excellence In all areas of their learning and dev8lopmgnl. Th8 nthy formed 'Eco-Committee,' by student ambassadors. ha8 initialed a sehool-wd6 recyding progratnme and a 'Green Week. ￿ ￿￿￿Ce the S¢hoof8 carbon fooWrint. These effort5 align with the UN sustainab￿ Development Goals highlighted during the IGO exhibition. Wprkshops Enhan¢ln9 Slufl•nt Sklll$ On Tuesday, 14 January 2025, Students in Years 9 and 1c1. and on Friday. 21 March 2025. sludent8 in Years g and 11, participated In a series of academic development 8eminar$ delivered by Elevate Fducation. These Sessions were deslgned lo equip students with essential sbjdy s￿115 to support their academic su¢c?$5. Year 9 students focusèd on memory iechniques. ￿arnIng practical strategies such as vi$ualisatr*n and assorAation lo enhance recall and retention. Year 10 3tudents engaged in & session on effective time maTrHgetnEnt. exploring key 8kill8 Including priorilisation. goal setting, and stheduling. World Book Day In celebration of Wodd Book Day, the enti￿ school community came logelher to promote reading and $ngagoment with literature. Both th• Junior and Senior Schools undertook signfficanl efforts lo ¢reale immersiv&. themed environments wlthln thelr corndors and classrooms. The Junior School hosted a Series of themÈd activthes inspired by r￿aSu[C Island, designed to promote engagement ￿th reading and literature. Throughoiit the day, students parlicipated in a vatièty of themed activili&s, including a treasurg hunt, designing Iheii own maps, and engasing in a Treasure Island quiz-all designed to deepen their engagement wlh slorytelling and imagiThalive play. Meamthile. the Senior School brought to lrfe th& them8 of an Enchanted Forest, with stud8nt5 and staff ernbraang Ihg occasion by dressing up 8S their favourit? lrterary character5. The day offered a creative and ￿gagIng way for pJpil$ a¢ro$$ all grDUPS to connecL with book8 and reading in a m&morable and meaningful way. Scholastic Book Falr 202S The NLGS Library suc¢es$fulty hosted the annual scholas￿ Book Falr, which was mel wlth great enthusiasm from students a¢ro$s ell year groups. Pupils were eager to browse the diverse selection of tilles, whith induded new releases popular works for both Junior and Senior student5, a5 well a5 a variety of slalxinery iterns. The fair achieved its Initial Sales target of £300. thereby enabling th£ School to earn Scholastic rèwards. Th888 rewards were used to acouire additional books and resources for the School librar￿8, further enrithing our reading prw$ion and proroting a ¢utture gf literary across the School community. WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Junlor S¢hoo1 Maths Woek In February 2025. Junior School held its annual Math5 Week, a dedicated initiatNe aimed at fo8tering a lovc for mathematic5 and highlighting its relevance In ev&ryday lrte. Throughout IhÈ W￿k, pupiL5 engaged in a wide range of interaciive aaiviYe$ designed to make mathematical concept5 both enjoyable and aceÈsslbJe. Junior School SGience Week Th8 Junior School ¢elebraled Science Week with a focus on the Iheme 'Ch8ng8 8nd Arl8pf'. dèsigned to deepen pupi15' understanding of suentific principles Ihrough hands-on JeaM￿n9 afid enouiry-based activities. Throughout (he week, studenls partiC4pated In a variety of engaging invesli9aiions ali9n&d with the theme. These induded tesl.ng thè pH ￿¥•1$ of Èveryday substances using a red cabbage ini4"cator. and a themical ￿a￿l0￿ experiment where Year 3 and 4 pupils crea18d s8M4nflaling balltsons using vinegar and bicarbonate ol soda. The week ¢ulminaled in Ihg Junior School's second annual Science Exhibition. where aach pupll presented 8 thréè- dimensional model illustrating their interpretation ol Change and AdapL The exhibttion Served as a celebration of students, creativity. scientific undarsianding. and enU)usia$m for discovery, also proV￿l￿g an opportunlty lo share theirwork wth peer5, Staff, and farnilie5. Profes￿Onal Membership- Inde￿ndent Schoo15' Bur¥arsA88oclaUon IISBAI North London Grammar School E7a$ becorne a member of the Independent Sehools, Bursars Association IISBAI. This rnernber5hip provid8s acc8s¥ to $gc¢or updates. fjnancial and operaiional best practiee. a￿￿ professional SUPPDrt In 5GhoDI tnanagement. It enhance5 the School's ability to re3pond lo regulatory change. str&ngtheD financial planning. 8nd improve operational effioenw across administrative funciions. STUDENT ACHIEVEMENTS IGO The fourth annual Intemational Gre8nwch Olympiad IIGOI took place from 2248 June 2025 across Oxford and London. brlnging together an Intemaiional cohort of 522 Students (aged I¢￿101 and 186 8upervlsors repr&$enllng 53 co￿￿tries. Parbcipants showca$ed a ¢otsl of 356 innovatNe projects auoss 13 categories. This year tnarked a significant expansion of the Otyrnpiad with the introduction of Health Sciences and Dwna as Gqt8gorfès, offerfng students further opportunllles to kntegrate ¢reatlvlty ￿1th scientrfic exploration. A key highlight of the week was the Day 3 exhibition. h05ted at Queen Mary University of London, wttere students presentèd high-calibre research and artistK projects addressing real-worfd issues aligThed wlh the United Nations Sustsinable D8veloprnent Goals ISDGSI, including sustainability heatth, education. and technology. The week4ong programme, which included th& academic exhiblt6on, cuttural excursians, and the Awards Ce￿monY held èl King'$ Colle9e Londen. was well attended and successfully d8liv8red. Intematlonal Engag•m•nt and Wisitors during the Intematlonal Gretnwich Otyrnpiad IIGOI Throughout the Olympiad week. the School welcomed a number of distinguished visitors. ￿n¢￿￿1ng representatives from international ¥¢hoob. uriver$il"es. educational orgaDisatiOD5. diplomatic missions. and professional bodie$. These guests attended Yallous ¢l&ments of the progTrMme, including studanl exhibitions, p￿sentations. and thè awards ceremony. Their parb¢ip*ion provided valuable trpportunities to obseNe student-led re8earch and innovation auo$s mults.ple di$¢iplines. as well as lo engag& vrith the School's wider educational elhos cornrnitment to global citizenship. Discussions held durfng the eveni covarèd ar&as such as curriculum development. educational partnerships, Sludent progression p8thway¥, and the promots.on of STEM and inlerdisoplinary learning. The presènce of lntemats.onal guests during IGO furthèr strengthened the School's global partnerships and supported its strate9K aim of fosterfng G￿labOratIOn, sharing best practice, and promoting educational excellen On an intemational Scale. 10- WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 UK Blology Challeng& Students in Key StÈge 4 partKipated in the pr8sligiou5 natlonal Biobgy Challenge competition, an annual event aimed at inspiring and extending students. interest and uftderslan¢ing of ihe Ille saenc8s. Students achieved strong resutts in this yeai'5 competit￿￿.. 5 Gold Awards 9 SilverAwards 9 Bronze Award8 11 Highty Camm8nded S ComrrEnded This represents a notew(>rthy ac£ompli&hmEnl, particularty given that the competition Is primarity targeted at Year 10 Students, whik a number of our award recipients wefe Irom younger year gioups. ritish Physics Challenge On 9 May 2025, students from the STEM Club and Key Stage 4 enthu8iastic3lly participatèd in the Junior Physics Challenge, a presUgiou$ national compeltion aimed at slimuL9tlng and ?xtendlng the sci$ntiflc thi￿lIng ef young leamers. The chalknge featured a series of intelleaualty demanding problEm8, many olwhich were alvJned with the current GCSE ￿r￿CUlLM. R8sutts- Junior Physlcs Challenge (Y80rs 9-101.. 6 Gold Awards 26 SihferAward$ 30 Bronze Award5 Resutts- Physics Challenge IY¢ar$ 7-81". 4 Gold Awards 47 SilverAwards 6 Bronze Award$ These tEsutt$ refiect the strong èngagernent high Call￿ of student8. saentifi¢ understanding aL¥OS6 lh8 School. NLGS S8le¢ted as a Featurod S¢hool-VIAM 2025 North London Gramrnar School has been sekcted as a leatured school for the 2025 Voi¢e in a Milllon (VIAM Concert, to be h8ld at the OVO Arena Wembley. As part of this honour, our choir performed an stage alongside just three other schools, jolning Ihe mass choiT in renditlon of Coldplay s Yg11ow, UKMT Junlor Mathematical Challenge On Thursday, 1 May 2025, 30 8tud8Flts from Years 7 and 8 partldpated in the UK Mathetnatics Trvsl IUKMD Junior Mathematical chaI￿rnge. This nationally recognised competrtion pr85ent5 students ¥Ath a range ot ¢hallgnging mathematical problerns d8$igned lo develop and tÈst Iheir proble￿501VIng skills. The students performed 8xceptionalty Nvell, eatning the following dlstSn¢tion$: 3 Gold CÈrtificates 8 Sllver CÈrtlflcates Bronzè Certllfj¢ats$ Thi5 rep￿sents a 819nificant achievement and refleds the strength of mathematical talent and enthusiasm within the School WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 Primary Maths ¢halleng• In th8 Primory Math$ Challenge, our studen15 athieved strong results. defflonstrating both enthuslasm and academic abilty In mathem81ics. A tot81 of two Students were awardèd Gokl cettificates, recogni5ing exceptional performance. Four students atlained Sifvar awards, reflecting a high leval ol achi&vemenl, whils slx students r8¢9i¥ed Yr?nzo certificates for Iheir ￿MMendable efforts. These outcomes hlghlSgM the School's commitrnent to nurturing Tnathetnatical talent from an eaJty age and en¢ouraging pupi15 10 engage in academic GompetitiQn5. The succes$ of our students in this national challenge is 3 lestsmenl to their hard work. the support of Iheir teachers. 8nd the strength of our curriculurrt. Young Mastey Challenge On 26 June 2025, students from Year 7 and 8 took part in Ihé Inlornati¢nal Young Mastei Challen9e at Queen Mary UnI￿r￿ty. Students competed in both individual and team rounds in Maths and English categories. Individual Rèsults English." 1 st and 2nd place Maths.. 3rd place Team Results Engllsh." 1st. 2nd and 3rd place Maths.. 2nd and 3rd ￿ace Alumnus Amaru Kaunda Se¢ures First ProfessJong1 Contract wlth Gambrfdge Unitsd Fotrner student Amaru Kaunda ha5 signed his first profèssional deal with Cambridgo Unlledl The 18_year-old striker, who joined the club's Academy at Under-15 level, h8s bean awarded a one-year devglopmont contract after Èxcellln9 a8 a Scholar. Amaru said, 'This 1$ what Ive been aiming forsince I was a young boy. andit'$ 8 trulyproud moment rormo and my family. I'm Ihrillecj to conDnu8 my journey here and will kÉep woMng hard to prov¢ myseff a$ 8 prof&ssion81' The School extendj its b¢si ￿$￿e$ to Amaru for conbnu8d succ&ss. Taekwondo Su¢¢e$$-Zaln Iyear 81 Zain competed in the BrltE5h Taekwondo Kyorugl National Champlon$hlp$ on 5-6 OctobeT 2024 at the Engllsh Insutute of Sport IEISI, Sheffleld. He secured a sllvor madal, $howca8ing hi5 dedicalion. fu¢us, and hard wor Zain'5 achievement exemplifies Iwo of our core value8-'Bonitas' and 'Dl$¢lpllna'-and d8mon5trate$ the commibnenl required to strive ft)r excellen￿. Cross Country A¢h19vèmont- Omar (Year 101 Omar delivered an outstanding performan¢e at ISA London North ¢ro$$ Country Cornpetition on 9 October 2024 al Abbot'$ Hlll S¢hool. Facing a challenging 3.5km hilly ￿Urse, Omar ¢on)pleted Ihe race in 14 minutes and 19 second8, finishing 2nd out of 25 competitors. His impressivè rasutt has esmed him a place at the ISA Cro58 Country Nationals, fftcogn15ing his talent, deiermlnats"on. sporting $pirrt. Swimming Achi8vem8nl- Saur8n The Sehool rèctsgnis8$ Sauren for his eutstanding perfomiance at Ihe ISA London North Swimming Gala, herd ai Copthall Lelsure Centre on 12 October 2024. Competing in both the 50m Buttertty and the 200m Indfvidual Medley. h¢ $e¢ure¢ gold m*al$ in both *v¢nl$, demon$troling a high level of achi¢vgm¢nt. As a r85utt of these achievomènts, he ha5 qualthod to ropms•rtl thè Lond￿ North Region at th8 ISA National Championships. Alumni Evonis Alumnl Dlnner-All Fomier Cohorts On Friday, 12 Marth 2025. North London Grammar School held anAlumni Dinner. bringing togethertormer Student and staff from all pa5l cohort5. The event provided opportunity for fa￿er studBnt5 and statt lo reconnect &nd refleci on their a¢hievement$ $in¢e leaving the School. The Trustees ekn&nd their Since￿ thanks lo all who attended and bok lorward to welcoffling everyone again at fijture reunion6. 12 WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 NLGS Alumnl Dlnner- Class C+f 2024 On Friday, 8 November 2024. an alumnl dinner was organtged fDr the Cla55 Df 2024, hosted by Mr Shehu. The event took pl&ce in Holborn and provided a wel￿Ming setting tor formei 5tuden15 to r%onnect over a Turkish meal. It was an 8XC8lleftt opportunlty to refle¢1 orn lth•ir transition to higher 8dur2tion and share théir èxperiÈnc88 sincè graduatln9 from NLGS. We extend our thanks to Mr Shehu for coordinating this $uctes$ful and engaging event. Alumni Gatherlng- Class of 2023 Our alurnTTri dinner for Ihe Class of 2023, held in January 2025 al a ￿$taurant, pfovhled an oppOrt￿lty for former students and 51aff lo reconnect and ￿flEd. The event saw an ex¢xllent turnout of former student5 alongside curient 5tafl, creating a warm and celebratory atmosphèré. The S¢hool looks forward to future opportunib.es to conts.nue building and strengthening the NLGS community. Special thanks go ttr Mr Shehu for organising such a memordL4e and enjoyable gathering, which Iruty highligmed the enduring bond$ within our school fBmily. Institutional Highlbghts RecDgnitlon as One ofth8 UK'S 8e5t Value4or-Monay Independent $¢hools North London Grnmmar School has been re¢ognised as one of the UK'S best valutrfor-rnoney independenl schDoI5. At a tiTne when affordabiljty in private education 15 a key concern, an analysis by The Tekgraph highlights NLGS as a lèading exaInp￿ of delivèring strong academlc outcomes alDngside competitive tses. The Swdy Consklered factors such as projected lee increase8 lor 2025, average fee Changes since 2022. and GCSE p8rformanc8 in 2023. In 2023, NLGS students arhieved 46.6% 01 GCSE grades at 7-9. This p8rfOrrnan￿ irnprove¢ further in 2024, with 54% of grades awarded a17-9. The report also notes NLGS'S Very Good. rating. CoM￿"ned wtth comparativety lower fees than other local indewndent schools. Thls recognition refte¢ts Ihè Sthoofs ong￿g commrtment to providlng higtFquality edu¢atio while maintsining 8￿¥$1b111ty and value. ISI Inspectlon March 2025 The School undetwent a full inspection by the ISI. Ateam of inspectors conducted a coMp￿hen$1vQ inspe¢iion over four days, rewewng 811 aspects of the School's prtsvision. in¢lutJing leaching, pastoral care, safeguardlng, and leadership. The irnspector5 conduct&d inteNiews with Students, teachers, govemors, atld all key stakehahjers. The School received the highest posslble oulcome undsr th6 ISI inspection frafflework. Thts outstallding result reflect$ the exceplional quallty of our school, as recognÈsèd by the national slandard8. sirategic Growth= Reception and KS1 S¢hool Expanslon Followng thè inspection outcome, the School expanded its provlsion in Septpmbei 2025 to i[￿ude a Re¢eptK)n and KS1 School. extendlng the age range fiDm 4 to 18. Strateg1¢ Development= University Foundatlon Programme IUFPI Onllntr Franehising The School has ente￿d into an agreement wlth an onlina education pro￿?￿er lo establish an online franthi5ing model for the Univarsity Foundation Programme IUFPI. Through this partnership, the School's bespoke UFP cufficulum Is being delivertd to students via online learnin9. The arrangement 15 expeded to generate income through per.studeM ftes and Tènewal of agreements, Whi￿ extending the rÈath of the School's post-18 provision. WISDOM SCHOOL {NORTH LONDON GRAMMAR SCHOOL) TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGusf 2025 Flnan¢lal revl•w The r*Su￿5 for the year a￿ set out on page 22. ThB trustee5 are $8tlslied with Ihe flnancial posV(ion of the charity al the yearend. Primary Financlal Sources.. Th8 tharity's primary sourc£s of financial support are fee incDm2 and contrlbthions that align wrth Its malor object￿e$. The Increase in the numbai of $tudents has contributed to the rise in income. Expenses.. The majority of NLGS'S expenses a￿ staff salarie$. The schoofs most valuable rèsource is its staff. The trustees, policy 18 to rewatrt personnel appropriately lo ensure that NLGS 15 able to attract and retain competent leaching and supp¢￿ staff to run th& school èfficienty and provide ils sttjdents with ex¢ellent edl￿atIo￿al opportun1dgS. The trustees have taken g￿al care to keep price increases to a minimum and have c8refiJlty ¢0n$ide￿d stsff and other costs In relation to schtrol fÈe affordability. Policy for Unre$trf¢ted Fynd$.' The trustees have estsblSshed a pollcy to maintaln Un￿strICted fvnds that have not been designated for a sp8crfic purpose at a Ipvel that will en$urg the schoof$ day-to-day worf(Ing capllal needs are rneL The ttU5tee5 contsnuauy iewew the level of reserves to ensu￿ Ihat they are adequate. NLGS has maintsined a heafthy financial posrtion by carefvlty managing its expen5e5, incr8asing incorne, and establishing policies to ensure that it has suffici8nt reserve$ lo meet 118 day-to-day v4¢rklng capital requlrements. Re80rve8 Policy It is Ihe poli¢y of the ¢hadty that unr&stri¢tsd funds which hav• not beèn d8sign8t8d for a spectffic u58 should be maintsined al a ￿Ve1 lo gnsure th* the day40-day working ¢apStal requlrements of the School are met. The bvel of re8eNe$ 1$ kept under ￿VIeW by the trustees. Prlnclpal Rlsks Mltlgatlon The Trustees have reviewed ihe prinupal risks facing the charity, including pupil recruitment sustainability, regulatory tompliance, s8fÈ9uardlrng. and reputstional risk. Systems afft in place ta mitF9ate these, including folling risk register re¥iewed lernily by the Board. r8guLgr policy reviews. staff tralning, and rnonthty lknanclal monltorlng. No material risk5 wer8 identif18d as uTrtnana9ed durin9 th8 yeat. Stakehokler Engagemènt Parent and pupil voice Is gathered through annual surveys. termly cofftr& mornings vrith the Senior Leadership Team, and a pupil leadership team comprisin9 elected ￿preSentativeS frotn Years 10 to 13. Feedback from the 2024125 parent survey informed changes to homework policy and c(KuffioJlar provision.A staff wellbÈing surney was a180 ¢ondu¢ted, leadlng to adlustments wi meeting $twc¢ures and p￿fesSional development scheduling. 14- WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Plans forfuture perfods Future Plans for North Ltsndon Grammar School Looking ahead, North London Grarnmar SGhool ¢antinue$ to develop ambitious plans to support sustalnable growth. IntErna￿"0n8L èngagement, and educational excelence across all stages of provision. 1. Smart Bullding Initiatlve". As part of our ongolng commitment lo previding an innovative and modein atning environment. we will ttontinue progressing our Smart Building Initiative. This proie¢t aims to integratè thè latest technologies Into the school environment lo enhance tèaching. learning, comrnunication, and Operatio￿al effi'ciency, while also supporting 8U&tainability and long-term campu5 de¥elopTnent. 2. Develtspm¢nt of Int¢rrhational Partnèrshlps and Recruitment Networks.. Wg plan to Gonliiue expanding our international partnerships and 89èncy networks lo support glcibal student recruilmenl and collaboration opportunities. By strengthèning re￿lIOnShIpS Wlth edurational organisations, schools. and agencies worloknride, wa aim to fvrther diversify our $ludent body and broaden 8cces5 to our educational programme$. 3. Openlng of Nursery Provl8lon'. A$ part of the xhool's knng4erm developmeftl strategy. we are plannlng to open a Nursery cLa$s. This expansion will allow u8 to provide a continuous educational journey from early years through to prwniversily education. supportiThg pupils Irorn the eartie5t stsge5 of their aEadetnic development within the North London Grammar School environment. 4. Expanslon of Univèrsity Foundatictn Prtsgramme Francht8lnu Gentre8.' To further $tr8ngth8n our posltlon as a provlder of hlgh-ouality university preparation pathways. wg airn to significanly expand our University FDundation Programme IUFPI franchisin9 ne￿ork by establishing additional centres both nabon211y afid internationally. Through Ihese partnerships, we aim to piovide mie students wrth accèss to structured psthway5 leading to leading unwer8ities worklwde, whilst furlh8r ellhancing the schi>DI'5 irnteinatsonal presence èlld reputstion. 5. Expanslon of thè Intomatlonal Greenwlch Otymplad IIGOI.. Inlernationalty, we airn to furth8r strengthen the InteTnational Greenwirh Otytnpiad IIGOI by in¢rea5ing partioipation to $tudents from al least 60 ¢ountnes, reinforcing rts PDSrtion as a Iruty global acadernic cempetilion. In addition, we plan lo increase Ir Porson attendance to Over 400 participants. enhanclng the scale. educatlonal Impact. and cuttural exchange opportunitie$ offered through the Olympiad. 6. Enhan¢em•nt of Di9itsl Learning Platform$ and Studènt Support: To support growng intemab'onal engagement and improve ac¢essibifity, wè aim to fijrther devek)p our digital learning plaffom)s and online educational resDurces, Alongside this, we will continuÈ invésttng in onrfchmtrnt aCtIv￿•S. staff professional development. and enhanced Student support services to ensure Ihst t#8 school's groh*th Is matehed by ¢ontinued qualty. pastoral care, and academic excelleDTr. Together. these initsative¥ refl￿ North London Grafflrnar School'$ long-*m) vish)n of b8cDming a kadlng internab.onal educational Institution retognised for academi¢ St￿ngth. innovation, global engagern8nt, and student- centred excellence. Structur6. govornance and managernent The Charity 18 govorned by its Memerandum and Artide$ of Association, orYJinalty issued on 15 May 2008 and amended by resolution on 14 May 2011. It is incorporated as a company limited by guarantee undei the Companies Act 2006. The Charity's prfm8ry objecttves are to provlde the highest stsndard8 of educatlon In a safe and supportive environment. to promote the intellectual rnoral. Spiritual, CLsltural. and physical d?veknpment of its pupils. and lo prepare them forthe opportunities 8nd responsibdities of later life, forthe public b&n8fit. 1s- WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORTI (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Trustees dulln9 the year The tw$tee$, who are also Ihe director5 ft>r the purpos8 of comp8ny law. and who Served dumg the year arvj up to the date of Bsgnalure of the financial statements w8r&'. rYKar (Appolnted 19 February 20261 Mr Sekuk Bassuy (Resigned 19 February 20281 Mr Mahmut GunaydSn Mr RustamAlryev Trustees. int•ro$ts NDne of the trusteas has any beneficial interest in the compony. All of Ihg Irustees are member5 of the cotry>8ny and guarantao to ¢ontribul8 £1 in the event of a windin9 UP. Re¢Tuiknant and Appolntment of Trustees The rnanagemenl of the Charity is the responsibility of the Board of Trustee5, bvho are elected or cmpted in accordan￿ with theArticles ofAssoclation. Nominations for new truste&s r2n be made by exi51ing Iw$tee$ or any memb?r of the Charity. The board asse88es candidat&s to ensure that it malntains a breadth of sklll$ necessary for effectNe sttalegir leadetship. in conjunction with the Headteachgr. AppointEd ttU5tee$ retlre at the nextAnnual General Meeting IAGMI and may be re-ele¢ted. Additionalty, one-third Df IrusleÈs who have served the knngest Since Ih8ir last appointrment rEtire annually to allow new appointments. and retired tnjstees may atso be reékcted. New tsvstees receive comprehernslve indu￿10￿ and training. including briefing on Iheir duties 8s directors and trustees. They are also provided with information about the Charity, induding tru$lee sknlls mattices, recent board mSnute$. th¢ M8morandum and Artides ofAssoclation, th8 latest trusieeÉ' report and financial 5tstemÈnts. and the School prospectus. Trust&8$ aro encouraged to engage wfth departments and observ& lessons and aclfvilies firsthand. and tw rec8we regukr updates from the Headteacher and Seniw LeadeÉship Team ISLTI on key curricular developrnent5. Trustee Tralnlng and Devèlopment DuriDg the year, Trustees completed training on Charlty governance, safeguardlng duties, and the Charity Commission's guidance on publ￿ benefft. NewT￿steeS receive a comprehensive induetbn pack and meet the Headteacher and S8nK)r L*ad*￿hIp Team. Oryanlsatlon41 Structur• The Iru5tees hold ultimate responsibility forthe manag8ment of the Charity and meet al least four limes per year. AJI trustees serve volL¢ntarity and re￿Ne no remuneration of expensès. No Injstee or connected person beneffits from bufswÈe5 or sthokirshlp8 awarded by thg SchoDI. Day404ay management of North London Grammar School 1$ delegated to the Hèadteo¢her, supported by th¢ SLT, who oversee educational, pasloral, and administrative functions. The HeadlÈacher and relevant SLT member5 attend board meeb.ngs as required. The Memorandum andArticl8$ ofAs8ockqtion allow the Charty lo have a ximum of 50 members at any one tlrne. Audltor In a¢cordan¢¢ wlth the cvmpany'5 artide$. 8 resolution proposing that KPSR LLP be reappainted as auditDr of the company wlll be put at a General Meeling. 16- WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORTI ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Dlsclosure of Inforniatlon to audltor Each of the trustees has confirrned that there is inft)rmation ofwhich they are aware whlth k relevant to the audit, but of which the auditDf 15 uTraware. They havp furthér Confirmed that they have tak&n appropriate steps to identify such relevant information and lo eslablish that th£ auditot is awar8 of such inlomation. Th6 trustÈ&s' rèport. Includlng tt)e strateglc report, was approved by th• Board of Trustées. MrYKar Trusteo Rugtam Aliyev Trustee 26 May 2028 WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 AUGUST 2025 Tho tru8taa¥. wh¢ are a￿0 the dire¢tor8 gf W8dgm S¢hgg1 forth& purpo¥9 gf company law, arg re$pon$ibk for prepadng the Trustees, Report and the ffnancial ststemenls In a¢cordarte ￿th appllcable law and Unrted ￿ngdorn Aecounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prapare ffnandal statements foreach financial year which gNe a true and fair view of Ihe state of affai[¥ of the Sthool and of the incorning reSou￿e5 and application of Te50ufcE5. includillg the income and expenditure, of the charrtable company forthat year. In preparing these financial statements, th¢ trustees are required lo.. $ele¢t surtable accounting poliaes and then apply them tonsistenuy., obseNe the methods and principles in the Charities SORP". - make judgements and estimates that a￿ reasonable and pNderbt', Slate whether applicable UK Accounting Standards have been followed. subject to any matertal departures di5dosed and exPla￿ned in the finanual statements, and - preparÈ the financial statements on the golng concern basis Un￿£S it is inappropriat8 io pr8sume thal the Sthool coThtinus in oparation. The trustees a￿ responsIb￿ for keeplng adequate accounting record$ that disdose with ￿asonable accuracy at any time the financial posit.on of the School and enable them to ensure that the finanryal ststemerbts compty with the COmpaniesA￿ 2006. are also respon8ibie for safeguarding the assets of the School and hell￿ for taking reasonable steps ftrr the p￿VentioN and detection of fraud and other irr￿UlatIt18S. 18- WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF WISDOM SCHOOL Oplnlon We have audited the financial ststement5 of Wsdom School Ithe'sthool'l fDr thè ye3r énd8d 31 August 2025 wh￿h CDmpri$e Ihe stalement of financial a¢tivilie5. the balancè sheet, the statement of cash flows and notes to the ffnancial 5taternents, including significant accounting poli￿es. The financial repotting frarnework that has been applie(l in their preparabDn is applicable law and Unrted kfjngdotn Accounting Standard5. inrluding Finan¢ial Rèporting Standard 102 Th& FinanciAI RepoF*ing St8ndard applicable In the UK and Repubffic of Ir818nd (Unrted Kingdom GenerallyAccept&d Accountillg Pracbc81. In our opinion, the financial statements.. gwe a true and fair view of the state of the tharilable company's affairs a$ at 31 Aug11s12025 and of rts Irthming resources and application of resource$, for Ihe year then ended., have been ptoperty prepared in accordallce with UntLed Kingd(>m GenerallyAc¢epled Accounlln9 Pract1￿., and have been prepa￿￿ in ac¢ordan¢É wlth the requlrament8 of th8 Campani8s Act 2008. Basis for opinitsn We tottdueted our audtt In aecordanee w6th kniematsonal Slandards on Auditing IUKI (ISA8 IUKII and appli¢able law. Our responsibilities underthose standards are further described in the Aiidiloffs responsibilities lor the 8&dil of th6 fvn8nc181statements section of our report. We are iNdependent of the School in accordance wilh the ?thical requlrefflents that are relevant to our audit of the financial statements in the UK. including thè FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilitie5 in accordance with these requirernents. We believe that the audit evIde￿Ce we have obtained is sufficietit and 3ppropriate to provide a basis for our opinion. Con¢lu$lon$ relatkng to golng con¢em In auditing th8 financial $tatement$. we have ¢on¢luded that the trustees. use of th8 going concarn basis of accounting In the preparatlon Df financial statements is appropNat0. Based on the woth we have performe¢J. we have not Identffieil any rnaterial un¢ertaintigs ￿lating to event5 or ¢ondrtions that. individually or eolleclivety, may cast Signfficant doubt on the Schoofs ability to CQTltitTue as a golng concem for a perfod of at leasi rwelve months Irem when the financial stat&m&nt$ arè authorised for issue. Our responsibilitie5 and the responsibilitie5 01 the trustees with rèspect lo going CA)ncem 8Te described in Ihe relevant Sgclions of this r@port. Other Inforniatlon Tha other informatlon compHse5 the Information included ￿ the annual ￿pOrt other than the finanoal statem&nt$ and our auditorfs ￿port Ihereon. The ttustees a￿ re5pon5iblé far tha t)ther inlormation containpd wlthin the annual report. Our opinion en the financial siatemenls does not covei the olher information and we do nol express any form of assurance condu510n Iheieon. Our responsibility 15 tD read tha othér informatlan and. In doing so. consider whether the other informatlon 1$ materlalty Ineonslstenl wlth the financial stat&m&nts or aur kllo￿edge obtained in the cOu￿e of the audit, or othetwse appears lo be mate￿alty misstated. If we idenltfy such material inconsistenaes or apparent rnateiial misstatements, we are required to detprmine whethèr this gives rtse to a matèrial misslatsmetrt in the finantial stal&m£ftts themselves. 11. based on the WO￿ we have perforn)ed. we condude that there is a material ml8stat8m8nt of thls other informallon, we ar8 required lo report that fact. We have nothing to report in thi5 regard. Matters on whl¢h we are requlred to report by exc8Ptlon W¢ have nothing to report in resped of Ihg following matt&rs in r¢lath"on to which the Charitles (Awa￿t5 and Reports) Regulati¢n$ 2008 requir&$ us to report to you if, In our opinion.. the Infom)ation givèn In th• financial statem•nts is in¢onsistent in any material re6ped wrth the trustees. report.. or sufficient accounting records have nol been kept,. or th8 fjnancial staternenls are not in agreement wth the accounting reGords, 01 we have not received all the information and explanations we require for our audit. WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) INDEPENDENT AUDITOR'S REPORT {CONTINUED} TO THE TRUSTEES OF WISDOM SCHOOL ResponslbllltlÈ$ ol trustees As explained more fully in the stat8m8nt of trustees. responsibiliti?s, the tmste8s, who are slso the directors of Ihe School forthe purpose of company law, are reSPDn5ib￿ for the preparatian of the financial Statements and for being salisfied that they give a true and fair view. and for such inlemal control as the trustees determine 1$ necessary lo enable ihe preparau.on of financial statements that are free Irom rTWteri31 misststement, whether due to fraud or error. In preparing tho financial 5talemenls, Ihe trustees a￿ responsib￿ for assessing the School's abilrty to continue as a going contr￿ disdoslng, as applicabl&, rnatters relaied to going ¢on¢em and using the going Con￿￿ basis of accounting unless the trustees either intend to Ilquidate the choritabb cofflpany or to cease operations. or have no ieali51ic altemalsve but to do 80. AuditoV$ responsibilities for the audit of the financlal statements We have been appointed as auditor undei sèction 144 01 the ch8riliesAcl 2011 and rgport in attordance wlh the A¢t and relevant regulatioTrs made or having effect theMund8r. Our objedves are lo obtain reasonable assurance aboutwhelher the flnancial $t8tem*nts as a whole gre free trom material mi55lalement, whether due tD fraud ar eJtor. and ta issue an auditorfs report that includes our opinion. Reasonable assurance is a high ￿￿e[ of assuiance but is not a guarante8 that an audit conducted in accordance wrth ISAS IUKI wlll always detect 8 rn¥terial misstatement when it exists. Mi5slatements can arise frotn fraud or error and are considered material rf, inrtpiid¢Jalty or In the aggregal?. they Could reasonabty be expected to infiuen Ihe economi¢ deci¥ion8 of user5 taken the ba515 of these financial staternents. The extsnt lo which our procedures are capable of dete¢tlng IrregUKir"￿es, including fraud, Is deta1￿ below. ITregul•ritles. Includlng traud, arè instanc*$ of nonwcompllan¢o with law5 and regulations. We design proceLlu￿S in line wth our re$pon$ibilits"6s, oudined above, to dEtpEI tnaterial rnisstat2tnenls in resped of irregulanties, including fraud. The extenl te which our pro¢Èdures are c2pabk of detecting Irregularities, including fraud. delalled below. Dis¢us$lon$ wrth anrS enquiries of m8nagetnent and thii$o charged with gov&rnanc8 were held with a view to identifying those laws and reguLations that ¢ouhl be expeded to have a rnaterial impact on the finanoal Staterr￿nts. Durlng the engagement tearn bri8fing, Ihe outcomes of these discusslons and enquirig$ w•re shared witt) the team, as well a$ consideration a5 to where ar¥d how fraud rnay D¢tur in the entity. The folbwing laws and regu1ation$ wore identified as being o15ignifi¢ance to the entty-. . Thos8 kqws and regulation5 considered ta have a dlract effect on th• finanoal statements indud8 UK financ131 reporlng standard5, Compary Law, Chartt￿$ Legislation, i*¥ation and Penslons legislati?n. . Those bws and regulations for whi¢h non4Dmplianc* may be fundam•ntsl to the operating aspects of th8 business and therefore Thay have a material effect on the fin8ncial stattrments Include General Data Protection Raqulrement and general health and 88fety kgi3fation. Audit procedure5 undertaken in response to Ihe potenlal risks relating to irr•guladtles Iwhich include fraud and non compliance with and reguL3tionsl eomprised Df.. inquiries of wn8nagernent and those charged with goverTr8nee as to whether the entity complies wilh such law5 and iegulation$.' enquiries with the same concerni￿9 any actual 0£ potential litigation or claitns,. inspectian af r￿￿varnt legal correspondence.. raview of board minutes., testing thè appropriateness ofiournal enthes., and the perform8nctr of anatyticAI revlew to Identify unexpected movements in account balances whiL* may be Indicatfve ol traud. No instance5 of Tnate￿81 non-compliance were identified. However. the Ilkelihood of detecting irreguL4rities, including fraud, is Iimit8d by Ihe inh8￿nI diffi¢uty in detecting irregularities. the effectivene55 of Ihe entity's contro15, and the nature. timing extent Of the audit procedures p8rforFned. Irregularities that rpsult from fraud might be inher8ndy morÈ drficull to detect than irreguLaritiès that r6suKfrom error. As explained above, there is an un8voidable rlsk that material misstaternents rnay not be detected, even though the 8us$ (Kanyl. 1.8 Cash and cash equlvalents Cash and tash eqUiVa￿nts include cash in hand. deposits held at ¢811 wth banks, other short-term liquid invéstrn8nts with original rnaturrties Df thr8£ month8 or less, and bank ov8rdrafts. Bank overdrafts are shown ithin borrowings in curT8nt ￿&blIttle5. 1.9 Financial instruments The School has elected to 8ppty th8 pfoviSK)ns of Section 11 'B88ic Financial In5trurr*nts' and Sedion 12 'Other Financial Instrutnents IssuE5' of FRS 102 to all of its financial instruments. Fin2ncial instruments are recognised in the School's balance sh&et when the Sthool become8 party to the contiactual p￿visIOnS of Ihe instrument. Financial assets and liabilities are offset. with the net amounts presented in the finanaal stètements, wh8n the￿ is a legalty enforceable right 10 Set off the recognised amounts and there is an Intention to settk on a net basi5 or to reali8e the a￿et and setlje the liability 5imuttaneousty. WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng pollcle6 Icontinuedl Ba$1¢ finan¢ial assets 8a$i¢ finan¢ial assets. which iTrdude trade and other receivables and ￿sh and bank balanc85, are initial measured at tran5aClion pric6 indudin9 transaction costs and are sub88qu&ntty carried al amortis8d cost u$ing the eff8Ctive int&resl method unless the arrangement consiiiules a financing transaction. wh8re the transaction is measured at the present vaSue of the lulure receipts thscounted al 8 market rate ol interest. Flnan¢ial assets classified as receivable within Dne yeai are not amort15ed. Basic finan¢i81 Sabiltties Basic financial li4bilities, including trade and olher payables, are inrtlally recognised at transaction prlce unle55 the arrangement constilules a financing transaction, where thé debt Snstrum&nt is m88surèd atthè prssènt value of the future receipts discounted al a market rate of Interest. Financial liabilities classffled as payable within one year aTr not amortised. Debt in$lrumMts are sub$equgndy ¢arrie¢ at amortised cost, using the effective interest rate rnelhod. Trade payables are obligations to pay for goods or seNice$ that hav& been acquired in the ordinary course of opèrations from suppliers. Accounts payabl8 ar8 dassified as current liabilitie5 if payment is due within one year or less. If not. they are presenled as non-CU(rent liabillties. Trade payables are recognlsed Inltially at Iransèdion price and $ub$equenlty measured at arnortised cost using the effective Intere$r method. De￿CognitIon of ffnanaal liabil￿e$ Financial liabilities are derecogni8sd when the School's contractU81 obligatioris expire orar? discharged or can￿lled. 1.10 Employee beneflts The tost of any unused hollday ent￿ement Is recognised in the period in vihich the Èrnploype's services are recewed. Terminah"on b8nefits are recogfiised irnmediatety as an expense when the School Is demonslrably ￿MMItted to teminale the employmeni of an empk)yee or lo provlde teminatlon benefits. 1.11 ReUromènt beneffits Payments to defined conlribuuon fetkement benefft schom¢s are chargod as an expense as they dug. Incom8 from donatlons and legacle8 Unrestrl¢ted funds 2025 Unre$trict8d funds 2024 Donations and gnls 25 -27- WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL} NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Incorn8 from charitable activfties Unrestrfcted funds 2025 Unrestrlct9d fund8 2G24 Charitabl• a¢tlvltle8 School fees within d)aritab￿ activities other income within charitable activrties 3.838.883 379.920 3.324,8fj5 2e9.525 4,018,803 3,554,391 28- WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL} NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Experrditur• on eharftable athlties School activities School a￿l¥it1¢$ 2024 2025 Dlr8ct costs Stsff costs Depreualion and impairment Hire of plant and machinery Facilities hire and lent Rates and water Insurnn¢e L￿ht and hèat Telephone Postsge and ststionery Sundries and SUb￿rIptIOnS Books 8nd exam fees Cantsen and Advertising 2.272.774 44,905 3,299 95,1gs 118,840 31.915 80,018 8,330 36,300 23,822 39,218 87.016 70.624 I,gg8,277 44.477 5.031 130,230 45.730 27.713 81,826 8.975 36,459 43,886 40,548 81,890 22,053 F 11 Computer sofiware Fire and security Cleaning Repairs and n￿Intenance School bus Legal and protss$ional student actwllies an¢1 ts1ps Travel and sub$isten Unifomi Recrurtrnent Costs Bank charge$ Bad debt provision 74,52S 3,028 28.196 4,327 17,483 51,250 152,285 13.224 744 18.574 7.180 24,904 72,953 3,704 30,029 8,128 18,024 87,493 108,588 9,020 500 19,771 5,303 16.6051 3,305.960 2,902.003 GtBDt funding of activities (see nole 5 486,733 456,352 Share of support and governance costs (see note 61 Governance 9,800 7,700 3,802,493 3,36e.055 Analysls by funij Unresthcled fund$ 3.802,493 3.366,055 -29- WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEO) FOR THE YEAR ENDED 31 AUGUST 2025 Grants payable Sehool a¢tlvltle$ 2025 School actlvitles 2024 Grants to individuals 486,733 456,352 Support costs allo¢atsd to actlvlties 2025 2024 Govemanc? costs 9,800 7.FlJO Analy$ed bets¥e?n'. School adlvities 9.8(Kl 7,700 Nat rnovem£nt In funds 2025 2024 The net movement in fund$ is stated after charginwlerèdrtingl: Fees payab￿ forthe aud.rt ofthe chaTity'S f nanrial statements Depreaatr"￿ of i)wned tan9lble fixed assets 7,000 5,700 44,477 Tru¥tseS None of the truslees lor any per50n$ r￿nnect£d with them) receNed any ￿mUneratiOn or benefits from the School during the year. Employees The averdge tTK)nthty number of employees during the year wa$.. 2025 2024 Number Number man￿erne￿t staff Tea¢hing 54 51 Totsl 57 30- WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 EmpEoyees IC¢)ntinuedl Employment costs 2025 2024 Wages and salaries Social securty costs 2,072.805 199.989 1,838.428 157.849 2,272.774 1,996,277 Pension ¢othbutiDThs of £48,363 12024.. £42,1421 were paid to defined benefft p¢Dsipn stheme5 for thè ¢mployee$. The number of employees whose annual remweration was more than £80,000 Is as follows.. 2025 Number 2024 Number £80,000 to £70.OIX) £80,000 to £90,000 R•muner3tion of key managèment personnèl The rèmuneration of key management personnel was as follows.. 2025 2024 Aggregate compensation 194,200 177,760 10 Othér expendlture Unrestricted Unrnstrict•d funt1s fund5 2025 2024 Finantyng cost5 105,114 123.205 11 Taxatltsn The charty 18 ex•mpt from taxation on Ils aetivities because all ts In¢ome 15 appl'ed for cha￿tabl& purposes. 31 WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 12 Tangible fixed assets Fr•4hold l￿d FiX￿r$S and bulldin95 ftttlngs Motor vohltltss Cost At I Seplember 2024 Additsons 8,762.874 3.353 42Q.Q74 43,371 109.180 8,318 48.695 9.340,823 55,042 At 31 August 2025 8.76£,027 463,445 117,498 48.695 9,395.685 Depreciation and Impalrm¢nt Al 1 September 2024 Depreciation eharged in the year 247,474 32,396 66,75S 7.611 29,101 4.898 343,330 44,905 At 31 Au9U$t 2025 279,870 74,386 33,999 388.235 Carrying amount At 31 August 2025 8,766.027 182.575 43.132 14,696 9.007,430 At 31 August 2024 8.762,674 172,800 42,425 19,594 8.997,293 The trustees beleve that the current value of the freeho￿ propety 18 in excess of its carying value, no revaluatyon adpJ5trnents have been made in Ihe financial statemen1$ in this respecL 13 DebtOf8 2025 2024 Amounts falllng due wtthln one year.. Trada debtors Other debtOlS Prepayments and xcrued income 260,795 12,608 175,802 261,Q11 67.97 63.711 449,205 392,898 14 Loans Ynd overflrafta 2026 2024 Bank loan5 1,285.997 1,411,003 Payable wtthin one year Payable after one year 125.036 1.160.961 108,785 1,302,218 The bank loan is secured by a fixed and floating charge over the assets of the wrnpany including the frè8hold property. The loan was originally takpn out at the end 012012 and has a temi of 20 years. Interest 1$ payatle at 3% above the banks base Tate. 32. WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 IS Gredltors.. amounts fallin9 due within one yoar 2025 2024 Bank loans Other tsxation 8n¢ ¥ocial security Trade creditors Doposits held deferred irKorne Ac¢wais 14 125.936 108,785 158.020 1.167,101 15.652 61.963 1,476.498 11.100 1,585,620 1,658,346 16 Gredltors.. amounts falllng duè after morg than one year 2025 2024 Note 8ank loans 14 1,180.961 1.302.218 17 Restrlctèd lund8 The ￿$tri￿ed f￿d$ of th& charity repre8ent donatlon5 that were receivad in tsrder10 facllltate the purcha8e of the school bullding. At 1 At 31 August Sèptember 202S 2024 4,895,196 4,895,196 Prevlous yoar.. At 1 At 31 August September 2024 2023 4,895.196 4.895,198 18 Unr*stricted lund$ The unrestrLted fvnds of the charity comprise the unexpended balances of donallons and grants which are not subject to $pe¢ific condltions by donors and grantors as lo how they may be used. These include dEsignatÈd hjnds which have been set aside out of unrestricted funds by the trustees for specifie purpose$. At1 Septpmber 2024 n¢omlng resource8 Re50urees At 31 August expended 2026 General funds 2,280,017 4,018.803 13,907,607) 2,391,213 33- WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 18 Unrestrlcted fund$ Icontinuedl Pr8vlous year: At1 September 2023 Incomlng rg¥vur¢es Re$ources At 31 August expanded 2024 General lunds 2,174,882 3,594,415 13,489.2601 2,280.017 19 Analy51$ ol net a888t5 between furK13 Unreslrfct¢d fund3 2025 Restrfcted funds 2025 Total 2025 At 31 August 2025.. Tarbgible assets Current as5etsllliab1l￿"¢8I Long term liabililes 2.826.237 1435,0241 8,181,193 9,007.430 I125,0￿) 1560.oeoi 11.160,9611 11.1fjQ.9611 2,391.213 4.895,196 7.286,409 Unrestricted funds 2024 Re8tr6ctod funds 2024 Total 2024 At 31 Augu312024: Tangible assets Curronl asset811llabil￿egl Long terrn liabilit￿$ 2.691,094 1411,0771 6,306,199 8,997,293 1108,7851 1519.8fj21 11.302.218) 11,302,2181 2.280,017 4.895,196 7,175,213 The freehold property was purrthased using restricted funds advanced for this speafic putP05e, the associated bank loan has also been *garded as 'restrlded' funds. 20 Rel0t￿ party tTansa¢tlons TheTe were no discknsabk related party transaction8 during the year12024- noTrel. 34- WISDOM SCHOOL (NORTH LONDON GRAMMAR SCHOOL) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2025 21 Cash generated from operntions 2025 2024 Surplu5 fort￿ year 111.196 105,155 AdjustmFnts for.. DepreclaOon and lrnpaument of tangible flxed assets 44.905 44,477 Movoments in workin9 ¢apiial= Ilncreasel in debtors {Dec￿ase)hn¢rease in ¢rei*tor$ 156,5071 188,9771 {136.8091 447,2g5 Cash generntetl from operatlon¥ 10,617 4e0.318 22 Anatysls of ¢hang•s In net Idebtllfvnds At 1 S•pt8mbryr 24 CA#h fits¥¥s At 31 August 2025 Cash at bank and in hand 745,786 1169,4311 57e.35S Loans fallhi9 due With￿ one year Loan5 fall￿9 du8 after more than yèor 1108,7851 11,302.2181 116.2511 141,257 1125.0361 11.1fj0.9611 1665,21n 144,4251 [709,6421