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2024-08-31-accounts

REGISTERED COMPANY NUMBER: 07976220 (England and Wales) REGISTERED CHARITY NUMBER: 1147521

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 August 2024 for Collaborative Schools Ltd

Monahans Chartered Accountants County Gate County Way Trowbridge Wiltshire BA14 7FJ

Collaborative Schools Ltd

Contents of the Financial Statements for the Year Ended 31 August 2024

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 14

Collaborative Schools Ltd (Registered number: 07976220)

Report of the Trustees for the Year Ended 31 August 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Objects and aims

Statement of Purpose

Shaping the future together by:

Objectives and aims

The charitable company's objects are to promote and advance the education of children, young people and their families within the wider Trowbridge community by;

In carrying out its objectives, the charitable company will promote equality of opportunity and oppose any form of discrimination on grounds of race, ethnic origin, gender, sexual orientation, age, disability or religion.

In order to achieve the above objects the charity aims to provide services, provide advocacy, advice and information and to act as a resource body for local schools and academies.

Objectives, strategies and activities

The charity trustees confirm that they have had regard to the guidance issued by the charity commission on public benefit, and have followed this in planning and undertaking the activities.

In meeting its objectives, Collaborative Schools Limited provides its member schools with access to, engagement with, and development of a range of opportunities, some of which are captured below.

  1. Continuing professional development (CPD) for school staff. Our CPD programme falls within the following categories:

  2. SEND, targeted support and inclusion

  3. Teaching and learning

  4. Leadership development

  5. Governor development

  6. Safeguarding and compliance

Examples of some of the training provided included:

Page 1

Collaborative Schools Ltd (Registered number: 07976220)

Report of the Trustees for the Year Ended 31 August 2024

OBJECTIVES AND ACTIVITIES

  1. Joint practice development (JPD) for school staff. Examples of some of the professional learning communities currently operating: - English - Maths - Science - Humanities - Computing - Religious Education (RE) - Special educational needs and disabilities (SEND) - Early years - Welfare and parent engagement (parent support advisors) - Leadership and learning - Moderation - School business management - DT - Art

  2. School Improvement

Our offer draws on the expertise of leaders from across CSL and other key partners. This year our School Improvement is incorporated within a Leadership Programme which incorporates opportunities for different tiers of leadership. Peer support and challenge underpin the sharing of excellence across our schools.

  1. Targeted support and inclusion. Examples of some services and support structures currently operating: - The inclusion forum - Family Theraplay and Theraplay in education (The Theraplay Institute) - Counselling - Educational psychology - Sensory occupational therapy - Parenting support - Art in health - The Harbour Programme supporting young children suffering with SEMH needs - Forest school - Supervision to staff working with the most vulnerable - Alternative curriculum opportunities

  2. Activities to support pupil collaboration.

Children and young people are at the heart of everything CSL does and we strive to make community cohesion real to them via a range of activities and opportunities:

Public benefit

The charity's principle source of funding is through subscriptions from member schools, external grants and lettings. The contributions from member schools has been set at £6.20 per capita.

Much of the activity and success in meeting the key objectives is linked to partnership working which benefits from the investment in co-ordination.

CSL continues to focus significant time and capacity into its future sustainability with exciting project work and a rising profile.

At the end of our seventh year of operation the budget stands at approximately £261k which will be rolled across to the next financial year.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Financial review

The charity's total income was £203,933 (2023: £224,947) and total expenditure was £205,456 (2023: £261,112). The deficit for the year was £1,523 (2023: £36,165). The charity's assets are available and adequate to fulfil its obligations on a fund by fund basis.

Page 2

Pagè 2

Collaborative Schools Ltd (Registered number: 07976220)

Report of the Trustees for the Year Ended 31 August 2024

Policy on reserves

The total balance of funds at 31 August 2024 was £223,744 (2023: £225,297). This includes restricted funds of £31,726 (2023: £30,856). The balance of unrestricted funds at 31 August 2024 was £192,048 (2023: £194,441). Of these unrestricted funds, free reserves (calculated as total unrestricted reserves, less designated funds and tangible fixed assets) was £62,736 (2023: £61,829). These funds are held to cover the ongoing costs of providing the charity's work.

The board of trustees considers that the state of the charity's affairs is satisfactory, and that the charitable company is well situated to carry on its objectives in the future.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Nature of governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Recruitment and appointment of new trustees

The trustees are the headteachers/ executive headteachers/ principals of the 21 member schools.

Trustee status is assumed by the above positions in each school. There is a chair and vice chair appointed at an annual election. Trustees newly appointed to the charity are offered support by a mentoring and induction package.

Organisational structure

The trustees delegate responsibility for strategic recommendations on the work of the charity to an operations group made up of the chair, vice chair and two other trustees. Operation group meetings are open for all trustees to attend. The operations group is directly supported by the senior employee and draws input as required from staff working on a consultancy basis and from partner organisations. Recommendations from this group are considered and agreed at full trustee meetings held 6 x per year. Delegated decision making processes are captured with the Governance and Scheme of Delegation document which is reviewed on an annual basis.

There is an annual general meeting at which trustees and governors from member schools are invited.

Arrangements for setting key management personnel remuneration

The trustees consider that the comprise the senior employee is the key management personnel of the charity in charge of the directing and controlling of the charity and running and operating the charity on a day to day basis. The senior employee is closely supported by the trustees all of whom give of their time freely and no trustee remuneration was paid in the year. Details of trustee expenses and related party transactions are disclosed in note 9 and note 18 to the accounts.

Trustees are required to disclose all relevant interests and register them and in accordance with the charity's policy and withdraw from decisions where a conflict of interest arises.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

07976220 (England and Wales)

Registered Charity number

1147521

Registered office

The Hub, The John of Gaunt School Wingfield Road Trowbridge Wiltshire BA14 9EH

Page 3

Collaborative Schools Ltd (Registered number: 07976220)

Report of the Trustees for the Year Ended 31 August 2024

Trustees K Ash L Bolton S Brown M Burr D Cook V Cottrell A Dowle J Hodge C Marshall A Pemberton E Powe B Rhodes L Rhodes T Sessions S Turley V Withers J Edy-Berry (appointed 5[th] October 2023)

Company Secretary J L Bullock

Independent Examiner

Monahans Chartered Accountants County Gate County Way Trowbridge Wiltshire BA14 7FJ

Approved by order of the board of trustees on .20[th] June 2025........ and signed on its behalf by:

J Edy-Berry

Page 4

Independent Examiner's Report to the Trustees of Collaborative Schools Ltd

Independent examiner's report to the trustees of Collaborative Schools Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement - matters of concern identified

I have completed my examination.

Evidence available to me was limited because information relating to Collaborative School Ltd's share of the assets and liabilities of the pension fund at the year end date was not obtained by the trustees. As a result, the adjustments and disclosures required by FRS 102 could not be incorporated into the accounts. Had information been available in respect of Collaborative School Ltd's share of the underlying assets and liabilities of the scheme, an asset would have been recognised on the face of the balance sheet along with a corresponding pension reserve within funds. The standard also requires the current service costs, interest on scheme liabilities and expected return on scheme assets for the period to be recognised in the statement of financial activities. Actuarial gains and losses in the period would have been disclosed in the statement of total recognised gains and losses. A triennial actuarial valuation as at 31 March 2019 showed that the fund was in surplus, details of the valuation are disclosed in note 16 to the accounts.

I confirm that no other matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; and

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

James Gare FCA DChA

Monahans Chartered Accountants County Gate County Way Trowbridge Wiltshire BA14 7FJ

20 June 2025 Date: .............................................

Page 5

Collaborative Schools Ltd

Statement of Financial Activities

for the Year Ended 31 August 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Charitable activities
3
Promote and advance education
191,456
Investment income
2
803
Total
192,259
EXPENDITURE ON
Charitable activities
4
Promote and advance education
194,652
NET INCOME/(EXPENDITURE)
(2,393)
RECONCILIATION OF FUNDS
Total funds brought forward
194,441
TOTAL FUNDS CARRIED FORWARD
192,048		 Restricted
funds
£
11,674
-
11,674
10,804
870
30,856
31,726		 2024
Total
funds
£
203,130
803
203,933
205,456
(1,523)
225,297
223,774		 2023
Total
funds
£
224,423
524
224,947
261,112
(36,165)
261,462
225,297

The notes form part of these financial statements

Page 6

Collaborative Schools Ltd (Registered number: 07976220)

Balance Sheet
31 August 2024
Notes
FIXED ASSETS
Tangible assets
11
CURRENT ASSETS
Debtors
12
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
13
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2024
£
129,312
5,121
104,150
109,271
(14,809)
94,462
223,774
223,774
192,048
31,726
223,774		 2023
£
132,612
42,923
94,827
137,750
(45,065)
92,685
225,297
225,297
194,441
30,856
225,297

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ....20[th] June 2025................................ and were signed on its behalf by:

............................................. J Edy-Berry - Trustee

The notes form part of these financial statements

Page 7

Collaborative Schools Ltd

Notes to the Financial Statements for the Year Ended 31 August 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Collaborative Schools Ltd as a charitable company established in England and Wales. In the event of the charitable company being wound up, the liability in respect of the guarantee is limited to £1 per member of the charitable company. The address of the registered office is given in the reference and administrative details on page 1 of these financial statements. The nature of the charitable company's operations and principal activities are described in the Report of the Trustees.

The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The functional currency of the charitable company, and the presentation currency of these financial statements is the pound sterling ("£").

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Expenditure includes any VAT which cannot be recovered and is reported as part of the expenditure to which it relates.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold - 2% on straight line basis Fixtures and fittings - 33% on reducing balance

Long leasehold includes land which is not depreciated.

Assets with a value greater than £500 are included as capital assets.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Page 8

continued...

Collaborative Schools Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

1. ACCOUNTING POLICIES - continued

Pension costs

The charity is a member of Wiltshire Pension Fund. The Scheme is a multi-employer scheme. The Scheme has previously been accounted for as if it were a defined contribution scheme on the grounds that trustees decided that it would be too expensive and of limited benefit to users of the financial statements to obtain the valuation of the charity's share of the scheme at the year end date. The trustees have therefore continued to account for the scheme on a defined contribution basis.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial instruments

The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transition value and subsequently measured at their settlement value.

Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

2. INVESTMENT INCOME

3.

Unrestricted
funds
£
Deposit account interest
803
INCOME FROM CHARITABLE ACTIVITIES
Income from schools
Grants
Other income
Grants received, included in the above, are as follows:
Other Schools
Wiltshire College		 Restricted
funds
£
-		 2024
Total
funds
£
803
2024
Promote
and
advance
education
£
201,871
500
759
203,130
2024
£
-
500
500		 2023
Total
funds
£
524
2023
Total
activities
£
217,143
7,000
280
224,423
2023
£
500
6,500
7,000

Page 9

continued...

Collaborative Schools Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

4.
CHARITABLE ACTIVITIES COSTS
Promote and advance education
5.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Rates and water
Light and heat
Telephone
Postage and stationery
Sundries
Activity costs
Consultancy fees
Commissioning
Cleaning
Repairs
Training costs
6.
SUPPORT COSTS
Promote and advance education
Support costs, included in the above, are as follows:
Bank charges
Insurance
Independent examiner's fees
Other support costs
Depreciation of tangible fixed assets
7.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 Direct
Costs (see
note 5)
£
191,264		 Support
costs (see
note 6)
£
14,192
2024
£
92,979
335
-
-
1,445
331
41,486
10,900
43,158
-
-
630
191,264
2024
Promote
and
advance
education
£
-
1,375
3,960
5,557
3,300
14,192
2024
£
3,300		 Totals
£
205,456
2023
£
130,158
593
1,936
1,775
4,202
552
39,231
13,234
45,474
1,869
2,243
2,178
243,445
Other
£
14,192
2023
Total
activities
£
32
2,638
4,644
7,053
3,300
17,667
2023
£
3,300

Page 10

continued...

Collaborative Schools Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.

9. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2024
£
74,589
1,505
16,885
92,979		 2023
£
105,682
1,188
23,288
130,158

The average monthly number of employees during the year was as follows:

Full time
Part time
Apprentices- part time		 2024
1
1
1
3		 2023
1
1
4
6

No employees received emoluments in excess of £60,000.

The key management personnel of the charity comprises the board of trustees and the secretary who are in charge of directing and controlling the charity and running and operating the charity on a day to day basis. The total amount of employee benefits received by key management personnel during the year was £49,482 (2023 - £47,392).

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Promote and advance education
214,325
Investment income
524
Total
214,849
EXPENDITURE ON
Charitable activities
Promote and advance education
244,816
NET INCOME/(EXPENDITURE)
(29,967)
RECONCILIATION OF FUNDS
Total funds brought forward
As previously reported
237,613
Prior year adjustment
(13,205)
As restated
224,408		 Restricted
funds
£
10,098
-
10,098
16,296
(6,198)
23,849
13,205
37,054		 Total
funds
£
224,423
524
224,947
261,112
(36,165)
261,462
-
261,462

Page 11

continued...

Collaborative Schools Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
funds
£
TOTAL FUNDS CARRIED FORWARD
194,441
11.
TANGIBLE FIXED ASSETS
Long
leasehold
£
COST
At 1 September 2023 and 31 August 2024
170,000
DEPRECIATION
At 1 September 2023
37,388
Charge for year
3,300
At 31 August 2024
40,688
NET BOOK VALUE
At 31 August 2024
129,312
At 31 August 2023
132,612		 10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
funds
£
TOTAL FUNDS CARRIED FORWARD
194,441
11.
TANGIBLE FIXED ASSETS
Long
leasehold
£
COST
At 1 September 2023 and 31 August 2024
170,000
DEPRECIATION
At 1 September 2023
37,388
Charge for year
3,300
At 31 August 2024
40,688
NET BOOK VALUE
At 31 August 2024
129,312
At 31 August 2023
132,612
Restricted
funds
£
30,856
Fixtures
and
fittings
£
2,993
2,993
-
2,993
-
-		 Total
funds
£
225,297
Totals
£
172,993
40,381
3,300
43,681
129,312
132,612		 Total
funds
£
225,297

Included in cost or valuation of land and buildings is freehold land of £5,000 (2023 - £5,000) which is not depreciated.

Leasehold land and buildings represents a long leasehold from The John of Gaunt School and is included at a deemed cost of £170,000 as determined by the trustees.

12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments and accrued income
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Accruals and deferred income		 2024
£
4,421
-
700
5,121
2024
£
8,027
2,822
3,960
14,809		 2023
£
21,669
5,000
16,254
42,923
2023
£
36,379
5,085
3,601
45,065

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continued...

Collaborative Schools Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

14. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted
funds
£
Fixed assets
129,312
Current assets
77,545
Current liabilities
(14,809)
192,048		 Restricted
funds
£
-
31,726
-
31,726		 2024
Total
funds
£
129,312
109,271
(14,809)
223,774		 2023
Total
funds
£
132,612
137,750
(45,065)
225,297

15. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
LAC Wellbeing
National Lottery Grant
Digital Devices
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
LAC Wellbeing
National Lottery Grant
TOTAL FUNDS		 At 1.9.23
£
194,441
21,462
3,424
5,970
30,856
225,297
Incoming
resources
£
192,259
11,674
-
11,674
203,933		 Net
movement
At
in funds
31.8.24
£
£
(2,393)
192,048
2,826
24,288
(1,956)
1,468
-
5,970
870
31,726
(1,523)
223,774
Resources
Movement
expended
in funds
£
£
(194,652)
(2,393)
(8,848)
2,826
(1,956)
(1,956)
(10,804)
870
(205,456)
(1,523)

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
LAC Wellbeing
National Lottery Grant
Digital Devices
TOTAL FUNDS		 At 1.9.22
£
237,613
8,126
6,979
8,744
23,849
261,462		 Prior
year
adjustment
£
(13,205)
13,205
-
-
13,205
-		 Net
movement
in funds
£
(29,967)
131
(3,555)
(2,774)
(6,198)
(36,165)		 At
31.8.23
£
194,441
21,462
3,424
5,970
30,856
225,297

Page 13

continued...

Collaborative Schools Ltd

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

15. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
LAC Wellbeing
National Lottery Grant
Digital Devices
TOTAL FUNDS		 Incoming
resources
£
214,849
10,098
-
-
10,098
224,947		 Resources
Movement
expended
in funds
£
£
(244,816)
(29,967)
(9,967)
131
(3,555)
(3,555)
(2,774)
(2,774)
(16,296)
(6,198)
(261,112)
(36,165)

SEMH Music Grant is income in respect of support for teaching music for children with specialist learning difficulties.

National Lottery funding is in respect of the enhancement of local inclusion forums.

The LAC Wellbeing funding is to promote the wellbeing of children.

Digital Devices funding is to make pupils literate in the area of digitalisation with aim to enhance collaboration, critical thinking, communication and creativity.

16. EMPLOYEE BENEFIT OBLIGATIONS

The charity is a member of the Wiltshire Pension Fund. The Scheme is a multi-employer scheme.

The charity has not commissioned an actuarial valuation report at the year end date and has therefore not included the year end asset and the disclosures necessary to account for the defined benefit pension scheme under the normal reporting standards.

The charity has a triennial actuarial valuation report as at 31 March 2019 and this showed that Collaborative Schools Ltd fund was in surplus by £18,000 and consequently no liability in respect of deficit payments needs to be recognised in the financial statements. The latest triennial actuarial valuation report was on 31 March 2025 but the results were unavailable at the time of these financial statements being signed

The cost for the period was £16,885 (2023 - £23,288). There were no outstanding or prepaid contributions at the balance sheet date.

17. RELATED PARTY DISCLOSURES

All of the members of Collaborative Schools Ltd are head teachers of their respective schools. Services are provided to the member schools in line with charitable activities.

18. ULTIMATE CONTROLLING PARTY

The Trustees consider that the charity is jointly owned by the Trustees and there is no ultimate controlling party.

Page 14