REGISTERED COMPANY NUMBER: 07976220 (England and Wales) REGISTERED CHARITY NUMBER.. 1147521 Re ort of the Trustggs and Unaudlted Financial Statements for the Year Ended 31 Au ust 2025 for Collaborative Schools Ltd Monahans Chartered Accountants County Gate County Way Trowbridge Wiltshire BA14 7FJ
Collaboratlve Schools Ltd Contents of the Flnanclal Statements for the Year Ended 31 Au ust 2025 Page Report of the Trustees Independent Examineffs Roport staternent of Flnancial Actlvities Balance Sheet Notes to the Financial Statements 9 to 16 Detailed Statement of Financlal Activities 17
Collaborative Schools Ltd Re ort of the Trustees lorthe Year Ended 31 Au ust 2025 The Iruslees who are also directors of the charity for the purposes ol the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 ALtgusl 2025. The trustees have adopted the provisions of AccoLJnling and Reporting by Charities.. Stslemenl of Recommended Practice applicable lo charities preparing their accounts in accordance wlh the Financial Reporbng Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2019). Objects and aims Slalement of Purpose Shaping the future together by.. Supporting schools lo achieve their own 8nd olherfs aims- Working in the interest of all pupils and families across Trowbridge., Fostering excellence through innovative practice. Objectives and aims The charitable companJls objects are to promote and advance the education of children, young people and their families within the wider Trowbridge community by- al Supporting the development and maintenance of a sustainable, self-irnproving and progressive school system., bl Supporting positive personal achievements and outcomes., cl Reducing barriers lo leaming, enhancing health and well-being and raising aspirations., dl Promoting such other charitsble purposes that may on occasion be determined. In carrying out ils objectives, the charitable company will promote equality of opportunty and oppose any form of discrimination on grounds of race, ethnic origin, gender, sexual orientation, age, disability or religion. In order lo achieve the above objects the chanty aims to provide services, provide advocacy. advi and information and to act as a resource body for local schools and academies. Objectives. strategles and actlvitig$ The charity trustees confirm that they have had regard lo the guidance issued by the charity commission on public benefit. and have followed this in planning and undertaking the aclivilies. In meeting ils objectives, Collaborative Schools Limited provides ils 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.. SEND, largeled support and inclusion Teaching and learning Leadership development Governor development Safeguarding and compliance Examples of some of the training provided included.. Safeguarding with a focus on sexual harassment. violence and neglect Compliance promoting safety and health Positive handling Developing leadership tiers within education Supporting children wf(h SEND Supervision for school staff working with the most vulnerable Mental health first aid training Emotional wellbeing and positive psychology Shaping inspiration81 TA practice Intensive reading support Coaching skills for middle leaders The leadership of reading with a key focus on the bottom 200/0 Opportunilies for peer learning across leadership tiers Page 1
Collaborative S¢hools Ltd Re ort of the Trustees for the Year Ended 31 Au ust 2025 OBJECTIVES AND ACTIVITIES 2. Joint practice development {JPD} for sehool staff. Exarnples of some of the professional learning communities currently operating.. English Maths Science Humanities - Cornpuling Religious Education {RE) Special educational needs and disabilities ISENDI Early years Welfare and parent engagement Iparenl support advisors} Leadership and learning Moderation School business management -DT -Art 3. 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 drfferenl tiers of leadership. Peer support and challenge underpin the sharing of excellence across our schools. 4. Targeted support and inclusion. Examples of some setvice5 and support structures currently operating.. The inclusion forum Family TheT8play 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 5. Activities lo support pupil collaboration. Children and young people are at the heart of everything CSL does and we strive to make community cohesion real lo them via a range of activities and opportunities.. Sports festivals and competitions Trowbridge Youth Parliament Town wide music festival Public beneflt The charitys principle source of funding is through subscriptions from member schools, exlemal grants and lettings. The contributions from member schools has been sel al £6.20 per capila. Much of the activity and success in meeting Ihe key objectives is linked lo partnership working which benefits from the investment in co-ordination. CSL continues to focus significant lime and capacity into ils future sustainability with exciting project work and a rising profile. Al 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. Page 2
Collaborative Schools Ltd Re ort of the Trustees for the Year Ended 31 Au ust 2025 Financial review The charitys total income was £104.615 12024.. £203,933) and total expenditure was £140,291 12024.. £205,456). The deficit for the year was £35,676 {2024.' £1,523). The charitys assets are available and adequate lo fulfil its obligations on a fund by fund basis. Policy on reserves The lolal balance of funds al 31 August 2025 was £188,09812024: £223,744). This includes reslricled funds of £9,330 12024." £31,726). The balance of unrestricted funds al 31 August 2025 was £178,768 12024.. £192,048). Of these unrestricted funds, fe reserves Icalculaled as total unrestricted reseNes, less designated funds and tangible fixed assets) was £52,75612024.. £62.736}. These funds are held lo cover the ongoing costs of providing the charills work. The board of Iruslees considers that the slate of the charivs affairs is satisfactory. and that the charitable company is well situated lo carry on its objectives in the future. STRUCTURE, GOVERNANCE AND MANAGEMENT Nature of governin9 document The charity is controlled by ils governing document, a deed of trust, and constilules a limited company. limited by guarantee. as defined by the Companies Act 2006. Risk management The trustees have a duly to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place lo provide reasonable assurance against fraud and error. Recruitment and appointment of new trustees The Iruslees are the headteachersl executive headteachersl 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. Organisalional slrudure The trustees delegate responsibility for strategic recommendations on the work of the charity lo an operations group made up of the chair. vice chair and two other trustees. Operation group meetings are open for all Iruslees 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 organisalions. Recommendations from this group are considered and agreed at full Iruslee 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 al which Iruslees 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 charsty and running and operating the charity on a day lo day basis. The senior employee is closely supported by the trustees all of whom give of their lime freely and no Iruslee remuneration was paid in the year. Details of Iruslee expenses and related paty Iransadions are disclosed in note 9 and note 18 to the accounts. Trustees are required lo disclose all relevant interests and register them and in accordance wtth the charitys policy and withdraw from decisions where a conflict of interest arises. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 07976220 (England and Wales) Page 3
Collaboratlve Schools Ltd Re ort of the Trustees forthe Year Ended 31 Au ust 2025 Regist9r¢d Charity numbgr 1147521 Registergd officè The Hub, The John of Gaunt School Wingfield Road Trowbridge Wiltshire BA14 9EH Trustees Kelandie Ash Lysbeth Rachel Bolton Max Burr David Cook Victoria Cottrell Aidan Dowle Anna Edmund Jon Edy-Berry Jo Hodge Christopher Marshall Edward Powe Ben Rhodes Lou Rhodes Sharon Turley Victoria Jane Withers Stuart James Woodburn appointed 0110912024 Anna Pemberton - resigned 0110912024 Tracey Sessions - resigned 0110912024 Company Secretary J L Bullock Independent Examiner Monahans Chartered Accountants County Gale County Way Trowbridge Wiltshire BA14 7FJ Approved by order of the board of trustees on ... 18th May 2026 and si9ned on its beh81f by.. L R B&llQ rustEe Page 4
Inde ndent Examinerfs Re ort to the Trustegs of Collaborative Schools Ltd Independent examinerfs report to the trusteès of Collaborative Schools Ltd {'the Company'l I report lo the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025. Responslbllities and basis of report As the charitys trustees of the Company land also ils directors for the purposes of Company law) you are responsible for the preparation of the accounts in accordance with Ihe requirements of the Companies Act 20061'the 2006 Acl'l. Having satisfied myself that the accounts of the Company are not required to be 8udiled 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 Ilhe 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145151 Ib) of the 2011 Act. Page 5
Inde endent Examiner's Re ort to the Trustees of Collaborative Schools Ltd Independent examiner's statement - matters of concern identlfied I have completed my examination. Evidence available to me was limited because infom)alion relating lo CollabDralive School Ltd's share of the assets and liabilities of the pension fund al the year end dale 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 tsalan sheet along wth a corresponding pension reserve within funds. The standard also requires the cuent service costs, inleresl on scheme liabilities and expected return on scheme assets for the period to be recognised in the slalemenl of financial aclivilies. Actuarial gains and losses in the period would have been disclosed in the statement of total recognised gains and losses. A triennial actuarial v81uation as 8131 March 2019 showed that the fund was in surplus, details of the valuation are disclosed in note 16 to the accounts. I confirm th8t no other matters have come to my attention in connection with the examination giving me reasonable cause lo believe that in any material respect.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act.. or the accounts do not accord with those records., or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Ael 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 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 mallers lo which your attention should be drawn lo enable a proper understanding of the accounts lo be reached. James Gare FCA DChA Monahans Chartered Accountants County Gate County Way Trowbridge Wiltshire BA14 7FJ Date.. 27 May 2026 Page 6
Collaborativg Schools Ltd Statement of Financlal Activitles for the Year Ended 31 Au ust 2025 2025 Total funds 2024 Total funds Unrestricted Restricted funds funds Notes INCOME AND ENDOWMENTS FROM Charitable activities Promote and advance education 103,892 103,892 203,130 Investment income 723 723 803 Total 104.615 104,61 S 203.933 EXPENDITURE ON Charitable activitigs Promote and advance education 117,895 22,396 140.291 205.456 NET INCOMEI{EXPENDITURE) (13,2801 122,3961 135,6761 11,523) RECONCILIATION OF FUNDS Totsl funds brought forward 192,048 31,726 223,774 225,297 TOTAL FUNDS CARRIED FORWARD 178,768 9,330 188,098 223,774 The notes form part of these financial ststemenls Page 7
Collaborative Schools Ltd istered number- 07976220 Balance Sheet 31Au ust 2025 2025 2024 Notes FIXED ASSETS Tangible assets 126,012 129,312 CURRENT ASSETS Debtors Cash at bank and in hand 12 11,390 63,271 5,121 104,150 74,661 109.271 CREDITORS Amounts falling due within one year 13 112,575) 114,809} NET CURRENT ASSETS 62.086 94,462 TOTAL ASSETS LESS CURRENT LIABILITIES 188,098 223,774 NET ASSETS 188,098 223,774 FUNDS Unrestricted funds Restricted funds 15 178,768 9,330 192,048 31.726 TOTAL FUNDS 188,098 223,774 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025. The members have not required the company lo obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for lal ensuring that the charitable company keeps accounting records that comply with Secb'ons 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the stale of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating lo financial stalemenls, so far as applicable to the haritable company. Ibl These financial statements have been prepared in accordance with the provisions applicable lo charitable companies subject lo the small companies regime. The financial statements were approved by the Board of Trustees and 8ulhorised for issue on 18th May. 2026 and were signed on its behalf by.. L R Bolton ruslee The notes form part of these financial statements Page 8
Collaborative Schools Ltd Notes to the Financial Statements for the Year Ended 31 Au ust 2025 ACCOUNTING POLICIES Basis of preparlng the flnancial statements The financial slalemenls of the eharilable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.. Slalernenl of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191,, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Iland, and the Companies Act 2006. The financial slalemenls 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 charitsble 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 ¢)ffice is given in the referen and administrative details on page 1 of these financial statements. The nature of the charitable companls operations and principal activities are described in the Report of the Trustees. The financial ststements have been prepared on a going concern basis under the historical cost convention, modified lo include certain items al fair value. The functional currency of the charitable company, and the presentation currency of these financial slalemenls is the pound sterling I'£'l. The signrficanl accounting policies applied in the preparation of these financial slalemenls are sel out below. These policies have been consislenlly applied lo all years presented unless otherwise stated Income All income is recognised in the Statement of Financial Activities once the charity has enlitlemenl lo the funds, il 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 lo that expenditure, il 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 lo 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 il relates. Tanglble fixed assets Depreciation is provided al the following annual rates in order lo write off each asset over ils estimated usefvl life. Long leasehold Fixtures and fittings 20/0 on slraighl line basis 33°h 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 exempl from corporation lax on ils charitable activities. Fund accountlng 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. Reslriclions arise when specified by the donor or when funds are raised for particular reslricled purposes. Page 9 continued...
Collaborative Schools Ltd Notes to the Financial Statements - contlnued for the Year Ended 31 Au ust 2025 ACCOUNTING POLICIES - continued Fund accounting Further explanation of the nature anij purpose of each fund is included in the notes to the financi81 slalements. Penslon 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 rf il were a defined contribution scheme on the grounds that trustees decided that it would be too expensive and of limited benefit lo users of the financial Statements lo obtain the valuation of the charills share of the scheme at the year end dale. The trustees have therefore continued lo account for the scheme on a defined contribution basis. Debtors Trade and other debtors are recognised al the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts dLre. Cash at bank Cash al 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 preseTrl obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due lo settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised al their settlement amount after allowing for any trade discounts due. Financial Instruments The charitable company only has financial assets and financial liabilities of 8 kind that qualify as basic financial inslrumenls. Basic financial instruments are initially recognised al transition value and subsequently measured at their settlemeril value. Going concem The financial slalements have been prepar9d on a going concern basis as the Iruslees believe that no material uncertainties exist. The Iruslees have considered the level of funds held and the expected level of income and expenditure for 12 months from aulhorising these financial statements. The budgeted income and expenditure is sufficient with the level of reseNes for the charity to be able lo continue 8s a going concem. INVESTMENT INCOME 2025 Total funds Unrestricted funds 2024 Total funds Reslricled funds Deposit account interest 723 723 803 Page 10 continued...
Collaboratlve Schools Ltd Notes to the Flnanclal Statements - continued forthe Year Ended 31 Au ust 2025 INCOME FROM CHARITABLE ACTIVITIES 2025 Promote and advance education 2024 Total activities Income from schools Grants Other income 103.198 500 194 201,871 500 759 103.892 203.130 Grants received, included in the above. are as follows: 2025 2024 Willshire College 500 500 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 51 Support costs (see note 61 Totals Promote and advance education 130,043 10,248 14G,291 DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 2024 Staff costs Rates and water Poslage and slalionery Sundries Activity costs Consultancy fees Commissioning Training costs 102,196 383 4.541 76 19,921 2.250 676 92,979 335 1,445 331 41,486 10.900 43.158 630 130,043 191,264 Page11 continued...
Collaboratlve Schools Ltd Notes lo the Financlal Statements - continued for the Year Ended 31 Au ust 2025 SUPPORT COSTS Finance other Totals Promote and advance education 32 10.216 10.248 Support costs. included in the above, are as follows.. 2025 Promote and advance education 2024 Total activities Bank charges Insurance Independent examiner's fees Other support costs Depreciation of tsngible fixed assets 32 2,129 3,936 851 3,300 1.375 3,960 5,557 3,300 10,248 14.192 NET INCOMEI{EXPENDITUREI Nel incomellexpenditurel is slated after chargingllcreditingl.. 2025 2024 DeprecialM)n - owned assets 3.300 3,300 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024. STAFF COSTS 2025 2024 Wages and salaries Soci81 security costs Other pension G051s 81,253 2,611 18,332 74.589 1,505 16,885 102.196 92,979 The average monthly number of employees during the year was as follows- 2025 2024 Full lime Part time Apprentices- part time Page 12 continued...
Collaborative Schools Ltd Notes to the Financial Statements - contlnued forthe Year Ended 31 Au ust 2025 STAFF COSTS - contlnued No employees received emoluments in excess of £60,000. The key management personnel of the charity comprises the board of Injslees and the secretary who are in charge of directing and controlling the charity and running and operating the charity on a day lo day basis. The lolal amount of employee benefits received by key management personnel during the year was £51.27712024 - £49,482) 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslricled funds Reslricled funds Totsl funds INCOME AND ENDOWMENTS FROM Charitable actlvities Promote and advance education 191.456 11.674 203,130 Investment income 803 803 Total 192,259 11,674 203,933 EXPENOITURE ON Charitable activities Promote and advance education 194,652 10,804 205.456 NET INCOMEI(EXPENDITURE) 12,3931 870 {1,5231 RECONCILIATION OF FUNDS Total funds brought fOard 194,441 30.856 225,297 TOTAL FUNDS CARRIED FORWARD 192,048 31,726 223,774 11. TANGIBLE FIXED ASSETS Fixtures and fittings Long leasehold Totals COST Al 1 September 2024 and 31 August 2025 170,000 2,993 172,993 DEPRECIATION Al 1 September 2024 Charge for year 40,688 3,300 2.993 43.681 3,300 Al 31 August 2025 43.988 2,993 46,981 NET BOOK VALUE At 31 August 2025 126,012 126.012 Al 31 August 2024 129.312 129,312 Included in cost or valuation of land and buildings is freehold land of £5,00012024 - £5,000) which is not depreciated. Page 13 continued...
Collaboratlve Schools Ltd Notes to the Flnancial Statements - continued forthe Year Ended 31 Au ust 2025 TANGIBLE FIXED ASSETS - continued 11. Leasehold land and buildings represents a long leasehold from The John of Gaunt School and is included al a deemed cost of £170,000 as determined by the Iruslees. 12. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Prepayments and accrued income 10,648 742 4,421 700 11,390 5,121 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Social security and other taxes Accruals and deferred income 6.878 1,971 3,726 8,027 2.822 3,960 12.575 14.809 14. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2025 Total fiJnd5 Unrestricted Restricted funds funds 2024 Total funds Fixed assets Current assets Current liabilities 126,012 65,331 112,575) 126,012 74,661 (12,575} 9.330 129,312 109.271 114,809} 178,768 9,330 188,098 223,774 15. MOVEMENT IN FUNDS Nel movement in funds At 31.8.25 At 1.9.24 Unrestri¢t8d funds General lund 192,048 (13.280) 178,768 Restricted funds L4C Wellbeing National Lottery Grant Digitsl Devices 24,287 1,468 5,971 {18.0181 {157} 14,221) 6,269 1,311 1.750 31,726 122.396} 9,330 TOTAL FUNDS 223,774 135.6761 188,098 Page 74 continued...
Collaborative Schools Ltd Notes to the Financial Statements - continued for the Year Ended 31 Au ust 2025 15. MOVEMENT IN FUNDS- contlnued Net movement in funds. included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 104,615 {117,895) 113,2801 Restricted funds L4C Wellbeing National Lottery Grant Digital Devices 118,0181 (157) (4.2211 (18,018) 11571 14.221) 122,3961 122,396) TOTAL FUNDS 104,615 1140.2911 135,676) Comparatlves for movernent In funds Nel movement in funds At 31.8.24 Al 1.9.23 Unrestricted funds General fund 194,441 12,393) 192,048 Restricted funds LAC Wellbeing National Lottery Grant Digital Devices 21,462 3,424 5,970 2,826 11,956) 24.288 1,468 5.970 30,856 870 31,726 TOTAL FUNDS 225,297 (1,523) 223,774 Comparative nel movement in funds, included in the above are 85 follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 192,259 {194,652) 12,3931 Restricted funds LAC Wellbeing National Lottery Grant 11,674 {8.8481 11.956} 2.826 (1.9561 11,674 110,804) 870 TOTAL FUNDS 203,933 {205,456) (1,5231 SEMH Music Grant is income in respect of support for teaching music for children with specialist leaming drfficullies. Page 15 continued...
Collaboratlve Schools Ltd Notes to the Financial Statements - continued forthe Year Ended 31 Au ust 2025 15. MOVEMENT IN FUNDS - continued National Lottery funding is in respect of the enhancement of local inclusion forums. The LAC Wellbeing funding is lo promote the wellbeing of children. Digitsl Devices funding is lo make pupils literate in the area of digitalisalion wth aim lo 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 mulli*mployer scheme. The charity has not commissioned an actuarial valuation report at the year end dale and has therefore not included the year end asset and the disclosures necessary lo account for the defined benefit pension scheme under the normal reporting standards. The charity has a triennial actuarial valuation report as al 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 lo be recognised in the financial statements. The lalesl triennial actuarial valuation report was on 31 March 2025 but the results were unavailable at the lime of these financial stslemenls being signed The cost for the period was £18,332 12024.. £16,8851- There were no outstanding or prepaKI conlribulions 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 lo 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 ¢ontrolling party. Page 16
Collaborative Schools Ltd Detailed Statement of Flnancial Activltles for the Year Ended 31 Au Ust 2025 2025 2024 INCOME AND ENDOWMENTS Investment income Deposit account interest 723 803 Charitable activities Income from schools Grants other income 103.198 500 194 201,871 500 759 103,892 203,130 Total incoming resources 104,615 203,933 EXPENDITURE Charitable activities Wages Social securty Pensions Rates and water Postage and stationery Sundries Activity costs Consultancy fees Commissioning Training costs 81,253 2,611 18,332 383 4,541 76 19,921 2.250 676 74,589 1.505 16,885 335 1,445 331 41,486 10,900 43,158 630 130.043 191,264 Support costs Flnance Bank charges 32 Other Insurance Indepelidenl examiner's fees Other support costs Depreciation of long leasehold 2,129 3,936 851 3,300 1,375 3,960 5,557 3,300 10.216 14,192 Total resources expended 140,291 205,456 Net expenditure 135,6761 11.523) This page does not form part of the slatulory financial slalements Page 17