| Page | |
|---|---|
| Company information | 1-2 |
| Directors' report(incorporatingtheStrategicReport) | 3-16 |
| Independentauditor'sreport | '17-20 |
| Statementoffinancial activities | 21 |
| Balance Sheet | 22 |
| Notes to the financial statements of the Company | 23-35 |
| pil numbers at the school durin | gtheperiodwereas f | ollows | ||
|---|---|---|---|---|
| 2024125 | 2023t24 | |||
| Preparatory School | 143 | 150 | ||
| Pre-Preparatory School | 76 | 66 | ||
| Total | 219 | 216 | ||
| 2024t25 | 2023124 | |||
| Boys | Girls | Boys | Girls | |
| Preparatory School | 83 | 60 | 83 | 67 |
| Pre-Preparatory School | 41 | 35 | 40 | 26 |
| Total | 124 | 95 | 123 | 93 |
| 2025 | 2025 | 2025 | 2024 | |||
|---|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | Total Funds | ||
| Funds | Funds | Funds | ||||
| Ê | Ê | Ê | f | |||
| INCOME FROM: | ||||||
| lncomefromCharitable | ||||||
| Activities | ||||||
| Schoolfees | 2 | 2,414,915 | 2,414,915 | 2,475,624 | ||
| Ancillarytradingincome | 3 | 95,938 | 95,938 | 96,848 | ||
| Non-ancillary trading income |
3 | 9,505 | 9,505 | 4,978 | ||
| Other-Grantsand donations |
341 | 20 | 361 | 2,075 | ||
| TOTALINCOME | 2,520,699 | 20 | 2,520,719 | 2,579,525 | ||
| EXPENDITUREON | ||||||
| CharitableActivities | ||||||
| Schools andgrant- making |
2,548,813 | 375 | 2,549,188 | 2,297,663 | ||
| TOTALEXPENDITURE7 | 2,548,813 | 375 | 2,549,1882,297,663 | |||
| NET INCOME/ (EXPENDTTURE) |
4 | (28,114) | (355) | (28,469) | 281,862 |
|
| Transfers between funds | ||||||
| NET MOVEMENTIN FUNDS |
(28,114) | (355) | (28,469) | 281,862 | ||
| Fund balances brought forwardat1September |
(2,109,478) | 1,625 | (2,107,853) | (2,389,715) | ||
| FUNDBALANCES AS AT3IAUGUST |
(2,137,592) | 1,270 | (2,136,3221 | (2,107,853) |
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Notes | I | € | Ê | f | |
| FIXEDASSETS | |||||
| Tangible assets | I | 307,473 | 248,837 | ||
| 307,473 | 248,837 | ||||
| CURRENTASSETS Debtors |
10 | 152,112 | 48,585 | ||
| 152,112 | 48,585 | ||||
| CURRENTLIABILITIES Creditors due within oneyear |
11 | (2,563,7281 | (2,221,303) | ||
| NET CURRENTLIABILITIES | (2,411,6161 | (2,172,718) | |||
| TOTAL ASSETSLESS | |||||
| CURRENTLIABILITIES | (2,104,1431 | (1,923,881) | |||
| LONGTERM LIABILITIES | |||||
| Creditorspayable after oneyear | 12 | (32,079) | (183,872) | ||
| NETLIABILITIES | (2,136,2221 | (2,107,753) | |||
| CAPITAL ANDRESERVES | |||||
| Calledup share capital | 14 | 100 | 100 | ||
| FUNDS | |||||
| Restricted funds | 15 | 1,270 | 1,625 | ||
| Unrestricted funds | |||||
| Generalreserve | (2,137,5921 | (2,109,478) | |||
| EQUITYSHAREHOLDERS' FUNDS |
16 | (2,136,2221 | (2,107,753) |
| 2. | CHARITABLEACTIVITIES.SCHOOLFEES | 2025 | 2024 |
|---|---|---|---|
| Ê | I | ||
| Theschoolfeesincome comprises | |||
| Gross fees | 2,807,568 | 2,783,736 | |
| Less: Total scholarships, bursaries, etc | (392,653) | (308,1I2) | |
| 2r4', | .4r915 |
| 3.CHARITABLEACTIVITIES.OTHERINCOME | ||
|---|---|---|
| 2025 | 2024 | |
| Ê | Ê | |
| Ancillaryincome: | ||
| Wraparoundcare & holiday clubs Entrance and registration fees |
33,017 5,145 |
28,846 2,550 |
| Extra school care-Learning support and Music | 57,776 | 65,452 |
| 95,938 | 96,848 | |
| Non-ancillary activities: | ||
| Otherincome | 9,505 | 4,978 |
| 105,443 | 101,826 | |
| 4.NETEXPENDITURE FORTHEPERIOD | ||
| 2025 | 2024 | |
| Ê | Ê | |
| Net expenditure fortheperiodis stated after charging | ||
| Depreciation | 52,350 | 48,459 |
| Auditor'sremuneration-audit | 7,800 | 9,000 |
| 5.STAFFCOSTS | ||
| 2025 | 2024 | |
| Ê | Ê | |
| Total staff costs comprise: | ||
| Wagesand salaries | 1,361,310 | 1,284,486 |
| Social security costs | 144,777 | 114,735 |
| Pension contributions | 302,102 | 242,059 |
| 1,808,189 | 1,641,280 |
| The average monthly number of employee aheadcount basis was: |
s duringtheperiodon | |
|---|---|---|
| 2025 | 2024 | |
| Number | Number | |
| Teachingstaff | 38 | 40 |
| Others | 14 | 16 |
| 52 | 56 |
| Staff | Other | Depreciation | Depreciation | 2025 | 2024 | |
|---|---|---|---|---|---|---|
| (Note5) | Costs | (Note | 9) | Total | Total | |
| t | Ê | Ê | € | € | ||
| Charitable activities | ||||||
| Teaching | 1,518,058 | 77,069 | 1,595,127 | 1,451,726 | ||
| Welfare | 122,457 | 96,750 | 219,207 | 191,559 | ||
| Premises | 67,954 | 350,089 | 52,350 | 470,393 | 459,613 | |
| Support cost of schooling | 99,345 | 164,656 | 264,001 | 197,105 | ||
| Grants, awards andprizes | 85 | 85 | 210 | |||
| School charitable expenditure |
1,807,814 | 688,649 | 52,350 | 2,548,813 | 2,297,213 | |
| Expenditure from restricted funds |
375 | 375 | 450 | |||
| Totalresourcesexpended | 1,808,189 | 688,649 | 52,350 | 2,549,188 | 2,297,663 |
| 2025 | 2024 | |
|---|---|---|
| g | Ê | |
| Remunerationpaidtoauditorforauditservices | 7,800 | 9,000 |
| Other Governance Costs | 497 | 198 |
| 8,297 | _9J99 |
| Land and | Computer | Fittings | ||
|---|---|---|---|---|
| Buildings Short |
Equipment | and Equipment |
Total | |
| Leasehold Ê |
Ê | I | I | |
| Cost | ||||
| At1September2024 | 182,619 | 141,089 | 326,726 | 650,434 |
| Additions | 110,986 | - | 110,986 | |
| Disposals | ||||
| At3lAugust2025 | 293,605 | 141,089 |
326,726 | 761,420 |
| Depreciation | ||||
| At1September2024 | 74,172 | 116,531 | 210,894 | 401,597 |
| Charge for theyear | 8,215 | 14,734 | 29,401 | 52,350 |
| At31August2025 | 82,387 | 131,265 |
240,295 | 453,947 |
| Net book value at 31August2025 |
211,218 | 9,824 | 86,431 | 307,473 |
| Net book value at 31August2024 |
108,447 | 24,558 | 115,832 | 248,837 |
| 2025 | 2024 | |
|---|---|---|
| € | Ê | |
| Fee debtors | 24,40', | . |
| Trade debtors | 504 | 1,438 |
| Prepayments andaccruedincome | 22,297 | 23,726 |
| Other debtors | 104,910 | 1,860 |
| 152,112 | 48,585 |
| .CREDITORS:Amountsfallingduewithinoney | ear | |
|---|---|---|
| 2025 | 2024 | |
| Ê | Ê | |
| Trade creditors | 177,141 | 38,758 |
| Amounts owed togroupundertakings | 1,732,374 | 1,104,030 |
| Other creditors | 20,893 | 42,704 |
| Accruals | 10,733 | 18,177 |
| Entrance deposits | 57,170 | 47,450 |
| Deferred income-fees receivedinadvance | 283,077 | 823,613 |
| Finance lease | 7,365 | 14,715 |
| Taxation andsocialsecuritycosts | 130,540 | |
| Advancefees | 144,435 | 131,856 |
| zffiJ28_- | 2,221,303 |
| . CRED¡TORS:Amountsfallingafteroneyear | ||
|---|---|---|
| 2025 | 2024 | |
| Ê | Ê | |
| Finance lease | 7,358 | |
| Advancefees | 32,079 | 176,514 |
| 32,079 | 183,872 | |
| .FINANCE LEASE OBLIGATIONS | ||
| 2025 | 2024 | |
| Ê | Ê | |
| Amounts fallingdue: | ||
| Within2to5years | ||
| Wthinlto2years | 7 358 | |
| 7,358 | ||
| WithinIyear | 7,365 | 14,715 |
| 7,365 | ____4,073- |
| Balanceat1 | Balance at | ||||
|---|---|---|---|---|---|
| September 2024 |
lncome | Expenditure | Transfer | 3lAugust 2025 |
|
| Ê | Ê | Ê | e | Ê | |
| AspireFund | 1,625 | 20 | (375) | 1,270 | |
| RestrictedFunds | 1,625 | 20 | (37s) | 1,270 | |
| Balanceat1 | Balance at | ||||
| September | 31 August | ||||
| 2023 | lncome | Expenditure | Transfer | 2024 | |
| Ê | Ê | Ê | € | Ê | |
| AspireFund | 2,075 | (450) | 1,625 | ||
| RestrictedFunds | 2,075 | (450) | 1,625 |
| Fixed | Net Current | Long term | 2025 | |
|---|---|---|---|---|
| Assets | Assets/ | Liabilities | Total | |
| (Liabilities) | ||||
| € | Ê | Ê | e | |
| RestrictedFunds | 1,270 | 1,270 | ||
| Unrestricted Funds | 307,473 | (2,412,886) | (32,079) | (2,137,4921 |
| 307,473 | (2,411,616) | (32,079) | 12,'136,2221 | |
| Fixed | Net Current | Long Term | 2024 | |
| Assets | Liabilities | Liabilities | Total | |
| Ê | Ê | Ê | â | |
| RestrictedFunds | 1,625 | 1,625 | ||
| Unrestricted Funds | 248,837 | (2,174,343) | (183,872) | (2,109,3781 |
| 248,837 | (2,172,718) | (183,872) | 12,107,7531 |
| 2025 Ê |
2024 I |
|
|---|---|---|
| Opening shareholders' funds | (2,107,7531 | (2,389,615) |
| Net movements in funds | (28,469) | 281,862 |
| Closing shareholders' funds | (2,136,2221 | (2,107,753) |