Charity number: 1158796
SILCOATES SCHOOL
GOVERNORS, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

SILCOATES SCHOOL
col￿ENrS
Page
Reference and AdminbStrati¥e Oetsils ofthe Ch•rfty, Its Gtr•ernors and Ad¥lse
Go¥emors' Report
3-10
G4)vernors' Responsibilitie5 Ststernent
li
Independent Auditors, Report on the Flnanci•l Ststemem5
12-16
Statement of Financial Activrtie5 Ilncorporatiwy Income and Empenditure Account)
17
Balance Sheet
18
Statement of Cash Flows
19
Notss to the Financial Statements
20-41

SILCOATES SCHOOL
REFERENCE AND AOMINISTRATIVE DETAILS OF THE CHARITY, ITS GOVERNORS AND AOVISERS
FOR THE YEAR ENDED 31 AUGUST 2025
G¢)vernors
Mr David Payling, Chair
Mr Andrew Jeffery, Vice Chair
Miss Sarah Crozier
Ms Sarah Fatchett Iresigned 9 February 20251
Mr Michael Hunter Iresi8ned 26 February 20251
Mr Chri5 Huscfoft (appointed 11 January 20251
Mrs Sue Lee (appointed 15 September 20251
Mr Adrian Lin8ardl Iresi8ned 4 July 20251
Rev Jason Mccullagh
Mr Siddioue Parell
Mrs Barbara Tibbetts
Mr f uan West
Mr Mark Willings
Eduiaiion
Finance & Genèral Purposes
) Health & Saletv
Charlty rqlstered number
1158796
Prlnclp•l office
Silcoate5 tane
Wrenthorpe
Wakefield
West Yorkshire
WF2 OPD
Head
Mr Phil Kin8
Indèpendent audltor5
Clive Owen LLP
Chartered Accountants and Statutory Auditors
140 ConiscliffÈ Road
Darlington
Co Durham
DL3 7RT
Bankers
Lloyds Bank
17 West8aie
Wakeliel
West Yorkshire
WFI IJZ

SILCOATES SCHOOL
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARifY, IT5 GOVERNORS AND ADVISÉRS ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
Solicitors
Schofield Sweeney LLP
Centura
76 Wellington Street
Leeds
West Yorkshire
LSI 2AY
In5Ufan¢e Broker
Alliani Insurance PIC
Building 3
Guildford 8usiness Park
Guildford
Surrey
GU2 8XG

SILCOATES SCHOOL
GOVERNORS. REPORT
FOR THE YEAR ENDEO 31 AUGUST 2025
The Governor5 01 Sil£oates School present their annual report together with the audited financial statemellts lor the year
I September 2024 ro 31 August 2025 and confirm rhat they comply with the reouirement5 of the Charities Act 2011, the
Charity's constitution and the Charities SORP IFRS 1021.
OBJEcfivES AND A￿1VITIEs
Ethos and Aims
Silcoates is a 2-19 co-educational independent day School.
We aim to provide an all-round education, in which each alld every pupil has the opportunity to develop the skills.
qualities and aptitudes they will require to live a full, producrive and happy life.
We enjoy a friendly and carin8 community, situated around a stunning Georg￿an Mansion and 60 acres of grounds, amid
the stillness and calm ol the glorious West Yorkshire hills. where innovarive and expert teaching is underpinned by
unlimited expectarions and coupled with truly outstanding pasroral c3re. We aim to provide numerous opportunities and
Surround our pupils with limitless academic, Social and iulturèl opportunit￿e$, and have a deep cornmitment to the
progress and succes5 of all pupils, with absolutely'no ceilings, on the expectation of what they ian achieve.
From the first steps of exploration to the mastery of their art. we aim for our pupils to be respectful, confident,
aiademicèlly èmbitious, independenr learners, who are well-known and supported as individuals. both academically and
pastorally.
The spiritual ethos ol the School is broadly Christian, in line with our foundation. but we are a community open to
familie5 of all faiths and none, our approach be￿ng underpinned by a spirit tsl kindness. decency and mutual respect and
an acceptance ol the fundamental British values of tolerance, freedom and democracy.
We aim for Silcoates to be an open and welcoming community, where staff feel valued and developed and families are
supported and included. More broadly, we aim to play our full part In the sporting and cultural life ol Wakefield and the
wider regiorTr.
Oblectl¥es for the year
Our objertives are Set to reflect our ethos and aims.
In setting our objectives and planning our activities, the Governors have carefully considered the Charity Commis5ion'5
public benefit guidance and. as such, remain similar to those in previou5 academic years..
To maintain a broad acadernic curriculum. supplemenring the range of options at GCSE and A Level where
P05sible.'
To inspire teachers to ensure that the Quality of teaching rhroughout the School is consistently excellent and
that learners are consequently highly enthused and motivated.,
To continue to enhance and improve the co-curricular provision for pupils.,
To continue to develop the first_class pastoral care rh3t we provide lor pupils..
To maintain the provision of means-tested bursary place5 to enable wide access to the school from a broad
range of background5 and circumstances.. and
To play our part in the life of our local community through our comrnunity a£ce5s and service programmes.

SILCOATES SCHOOL
GOVERNOR5. REPOAY ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
OBJECTIVES AND ACTIVITIES Icontinuedl
Every facet of our School community is underpinned by..
the attive promotion of the wellbeing of all 5ilcoates pupils..
the èttive promotion of the wellbeing ol all Silioates staff in order for the exieptional talent we have to
function at its best and highest use. working with each other. with candour and psychological safety to create
lastin8 value in a fair School,.
the pursuit of the best possible facilities to meet the changing demand5 of the curriculum ènd the breadth ol
extra<urricular experien£e by progressin8 the strategic plan lor the development of the site,.
the pursuit ol academic excellence and a deep commitment to the progress of all pupils
ACHIEVEMENTS AND PERFORMANCE
•. Academic Performante
The khool is thrilled to report that over a quarter of all 8rades at A level were awarded at A. to A and over half at A" to
Additionally, 96% of èll university applicants Secured places at their firsr or second Ihoice institutions. These
exceptional results are a restament to the dedication and hard work of both students and teachers alike.
Further Mathematics saw every student achieve an A. to A grade, and in Art and Photography, all students achieved A. to
Bgrade5. Over two third5 01 Bu5ine5s, Geo8raphy and Maths students were awarded A" ro B grade5 and the most common
grade in Physi15 was an A. These outstanding outcomes reflect the breadth and oualily of teaching at Silcoates, a5 well as
rhe commitment and drive of our students.
The School also rook immense pride in the accomplishments ol its GCSE pupils. with 43% 01 all grades awarded at 9 to 7
Ilormerly A. to Al. Pupi15 also made excellent progress achievin8 Outsianding value-added 5uicess. The proportion ol
top grade519-71 was 24% higher than the baseline assessment predictions and across the cohort. pupil in all èbility groups
made significant progress and achieved positive value-added score5. This reaffirms Silcoates, commitrnent to èdding
significant value in a school setting that nurtures both academic excellence and personal growth.
This collective success highlights the hard work and ambition of the students, who have excelled under the guidance and
5UPPOrt of their dedicated teachers, helping each pupil to achieve beyond expectations.
b. Assemblies and Relielous ObseNan£e
The Schoo5 continues to promote British values and an understanding ol faith through a comprehensive pro8ramme of
whole-5chool assemblies for the junior and Senior School. We deliver a lull range of assemblies markin8 in particular
tOPlCS 5u£h as Black History Month, LG8TQ+ Awareness. DoFnestic Abuse including Coercive Relationships and more
general themes such as cornrnunity, tolerance etc.
The School'5 turriculum includes the development of the whole indivitjual, including the 'soft ski115' of self-presenration.
public speakin8, team working, coachin8, and mentoring ol others. and social skills. The prograrnrne of co-curricular
activiries is significant for being the rnain avenue lor developing these strength5, where we combine rhe personal interests
of our pupils with the opportunities to develop these skills. Our usual extracurricular clubs as well as 3 full prograrllme ol
weekly House activities are very well attended.

SILCOATÉS SCHOOL
GOVEANORS. REPOR T ICONTINUEDI
FOR THE VEAR ENDED 31 AUGUST 2025
ACHIEVEMENTS ANO PERFORMAP4CE Iconiinuedl
c. Co<urrl¢ular ActMtle5
Cornpetitive sport has always been and remains an important part of a Silcoate5 education with highlights of rhe year
including hosting the Brownlee Triath5on at Silcoate5 for over I.2￿ Juniof School pupils and a return to the Rosslyn Park
75 cornpetition for our Senior Boys ru8bv.
House Music competitions, Jazz e¥enin8s, concert5. lunchtime fEfltals in khool and at Wakefield Cathedral are very
popular with pupils, staff. parents, alumni and Governors alike. Our talent show. Silcoores Does raises approxirllately
£5.000 lor Prefect chosen charittes on an annual basis and the Music Department ran a very successful tour to Pari5 in the
Spring.
d. Outdo¢)r Pursults, Ey[￿dI1￿7￿s and Ttlgs
Ar Silcoates. pupils be8in the Duke of Edinburgh's Award Sthtme tn Year 9. We encourage as many pupils as p055ible to
take part in this scheme. ollerin8 è range of trainin8 and opportuniiie5 to cornplete the various levels. More than fift¥
pupils usually gain awards every year.
The School runs a lull rimetable of 8ronie, &'lver and Gold level activities. which
are very much enjoyed by the children taking part and deliver enomious benefits to those students.
Of particular note was the annual ski trip which is always heavily subscribed and irips to CERN IGeneval. Bertin, Spain and
Pari5. Trip5 to Sri Lanka and Borr￿0 afe planned for 2025-26.
We continued to offer an extensive range of day trips
throughout the year.
e. P•storal Care and Ch•r*able Fundralsl
The School continues io place the pastoral welfare of its PLbpils at thè top of its priorities and. as well as providin8 on8oin8
support lor 9upils, continues to review its wlicies and P￿edureS in order to embed best practice. INSET continued to
Include safe8uardin8 trainin& fo(usin8 on issues such as Equality. Divers4ty and Inclusion IEDII, Staff well￿1n8, Mental
Health. Peer on Peer Abusè and EatinyJBody related issues. As part of our on80in8 commitmenr io EDI, the School
appointed a sch¢)ol-wide EDI Lead to take forward our strattyi lof pupils, staff and the wider community.
Charitable fundraising continues to play an Important gart in school lile ar Silcoate5 With several notable annual calendar
events including &'lcoates Doe5. the staff and student Bake Off and the &.￿h Form Charity Day.
f. 8ufS•ry and Scholafshlp Awards
During the peri¢)d the value of means tested bursariès totalled E416k and represented 5.8% of oui gross luition lees.
These awards provided assistance to 30 pupils representin8 6.3% of school.
In addition, rhe School awarded scholarships to 51 pupils, basÈd on thèir educational merit and potential, totallin8 £107k
and representing l.S% ol our gross Ites. The pfo8ress of pupils ￿e1¥in6 scholarships IS feviewed annually to ènsure it is
The School'5 Buf5afie5 and Stholarship Poliry is under ionstant review by the Governors to ensure that able thildren can
accept offers of places at our khool ihrough the availability of mean5 tested fee assistance and scholarship awards. Our
policy is designed io widen access to our School, and we anticipate this review will help inform the development ol our
policy and ensure the objecrive of wider access continues to be achieved.
Community Access
We see Silcoate5 as a part ol a wider local community and we seek to support our community. without detriment to
advancing rhe educaiion of our pupils, whenever we are able to do so.
We have su£ceeded in continuing to offer our lacilities in support of the local and national community includinR allowing
use of the facilities to local sports teams and Scouts associations. L(xal primary schools also use our facilitie5 including
the 5wirnrning pool and s(hools are often Invited to participate in sports festivals and events.

SILCOATES SCHOOL
GOVERNORS. REPORT ICONfiNUEDI
FOR TP+E YEAR ENOED 31 AUGUST 2015
ACHIEVEMENTS AND PERFORMANCE Iconbnuedl
Comfflunity Service
Our pupils are enga8e(l in a wide ra￿e ol xtivilies in the community. both collertivefy and as individuals. Pupils
understand the Value and imp)rtance of helpin8 Others. fime 15 spent raising awareness of important issue5 like
homelessness and poverry. both in the UK and abroad. Donations arecollected and rnoney 15 raised for good causes. Our
Harvest Festival also includes collecting food and di5tributin8 It via the local food bank in Wrenthorpe.
FINANCIAL REVIEW
Reserves and Flnanclal Heahh
The Governor5 regularly review the finances. budgets and expenditure against budgei. tO8ether with a monthly cash flow
analysis as part of ihe effective stewardship of the School.
In common with other independent schools. the Governors have invested substant1al sums into new school buildin85
over the years and have a continuing programme ol refurbishmeni. development and investment to maintain excellent
teaching facilities for our pupils.
The School held balances as at 31 Augusi 2025 of £7.192,(W comprising £629.(￿ ol endowment funds, E32.C¥XI of
resiritted funds and £6,531,COJ of unrestricted funds.
The c105in8 Value of our tangible assets. property, plant and equipment. was £9.￿ll.(0).
The school's reserves policy is based on lor•casiin8 future financial outcomes in¢ludin8 projected cash balances. The
Governor5 arè committed to maintaining and building surpluses in f￿Ure years.
The Governors consider thai given the srrengrh of the Charity's Balance sheet, the improving cash flow over the previous
few years, the ongoing popularity OF our khool, and the available banking facilities thai can be called upon, that there is
no ¢urrent need to build up a freè reserve.
GOO￿ Concern
After making appropriate enquiriès, the Governors have a reasonable expectation that the Charity has adequate
resources to continue in operarional exi5tÈnte Iof the Foreseeable future. For this rèason. they continue to adopt the
80in8 concern basis in preparing the financial statements. Further details re8ardin8 the adoption ol the going concern
basis can be found in the a¢¢ounting policies.
M•terb•l Investments polky
The School held no investment portlolio durin8 the puiod in question.
Rlsk Management
The Governors are responsible for the ovefseeing ol ihe ri5k5 fKed by the School. Detailed consideration5 01 risk are
delegated to the Senior Management of the S(hool. Risks are idenrifieij and a5se55ed. and controls established,
throughout the year. A formal review ol the S(hool's r15k management processes is undertaken on an annual
basi5. Risk is mana8ed under the heading5 91 financial sustainability, school safety, student welfare, employment.
school trips and events and community access.
Flnanclal Results
The financial statements show net outgoing resources for the period on school activities of E207,C¥JO. This figure is
calculateij after depreciation and iniere51', cash 8enefated Irorn operating activities was £379,(XKJ and cash balance5 for
the year have reduced by £174.IYK) compared with the prior year figure.
The principal source of income is fee5. aCCOUnting for 97% 01 the SchoDI'5 income, see nore 4 for further details.

SILCOATES SCHOOL
GOVERNORS, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 AUGLIST 2025
FINANCIAL REVIEW Icontinuedl
The Governor5 are continuin8 their strate8y of deploying all nei incoming resources to investing in thè edu£ational
purposes and labrii of our Pre-school, Junior School and Senior School.
A5 a Charity, the parent5 01 our pupils have the èssurance that all the ￿nCome ol the School must be applied lor
educational purpose5. All income generated 15 invested back into the School.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Constltutlon
5ilcoatès S¢hool 15 a Charitable Incorporated organ￿satIOn. The Charitable Incorporated Or8anisaiion was incofporated
on 6 October 2014 and commenced iratlin8 on l January 2015.
On l January 201S the as5et5. liabilities and undertakin85 of rhe Silcoates School Foundation (Charity Number 5292811
were transferred to Silcoates School Icharify Number 11587961.
Governor Recrultment and Tralnlng
The Governing body requires a breadth and depth ol experience to carry out it5 dutie5 effectively and efficiently. When
recruiting new Governor5, the important attribute is a passion lor the work of our School and an understanding ol
education as a holistic and rounded experience of personal 8rowth. All new Govèrnors are recruited to the Board in
accordance with the school'5 Governor Recruiimenr Policy.
Wherè possible, the Governors consider the skills and experience of the Board should reflectlcompri5e the lollowin8'.
A Governor with education experience..
A Governor with a legal background,.
A Governor with a linancial/accountin8 back8round;
A Governor with senior mana8erial or business experience,.
A Governor with experience of equal opportunities or disabillty needs,.
At least one female Governor and at least one male Governor,.
One Governor may have one or more ol these skill5.
Nomlnatln8 Bodlts
The General Assembly ol the United Reformed Church may appoint up to three131 Charity Governors.
The Govèrnin8 Body rnay consist ol up to sixteen1161 Governors.
Commlttees
Governors meet once a term to review the activities ol the School.
More detailed issues are dealt with in advance of the Governors, meeting5 through specifii Governor Cornmittees.
Commlttee
Chalr
Education
Mrs Barbara Tibbetts
Finance & General Purposes Mr David E Payling
Heèlth & Safety
Mr Andrew Jellery
The Clerk to the Governor5 15 Mrs Emma Sanderson

SILCOATES SCHOOL
GOVERNORS, REPORT ICONT1Tr4UEDI
FOR THE YEAR ENDED 31 AUGUST 2025
STRUCTURE. GOVERNANCE AND MANAGEMENT Icontlnuedl
The day-to-day running ol the School is vested by the Governors in rhe Headmaster and 8ursar'.
Thè Headmaster Mr Chris Wainman Ito 31 August 20251
Mr Phil King (from I September 20251
Mrs Emma Sander50n
Thè Bursar
Act￿$ Pollcy
It is important to us that access to the education we offer 15 not restricted to those who can afford our fees. We beliève
our pupils benefit from learning within a diverse community. A 8reat deal ol learnin8 occurs through social interaction.
conversation and shared experiences which helps our pupils develop an understanding of the perspectives of other
people that will be vit31 in their adult lives.
Our bursary policy and our links with other schools contribute to a widenin8 of access to the education we oller and the
facilitie5 we enjoy.
Bursary Poll
The Governors view our bursary awards as important in helping to ensure children from families who would Othe￿iSe
not be able to alford the lees can access the education we offer. Our bursary awards are available to all who meet our
general entry requirement5 and are made solely on the basis ol parenial mean5 or to relieve hardship where a pupll's
education and future prospects would otherwise be ai risk, lor example in the case ol redundancy.
In assessin8 means, we take a number ol factor5 into consideration includin8 family iniome, in¥estrnents and savin8S,
and Family circumsrances, lor example dependent Telatives and rhe number ol siblin85. However, the School does not
have a1arge endowment and in fundin8 our awards we have to be mindful rhai we musi ensure a balance between
lee-payin8 parent5. many of whom make considerable personal sacrifices to funi* rheir child'5 education, and those
benefitin8 from the awards.
The bursary awards range from IO% to 100% remission ol lees. Furrher details of our bursary policy and how to applv
are available on our website, The success ol our bursary scheme is explained in our review ol activities and achievements
Section of this report.
Scholarshlp Pollcy
A limited number of scholarships are awordeo when it is apparent that an individual's outStonding abil￿tY will asslst other
pupils to develop and improve due to the scholar's contribution ro school life. On that basis, all awards carry clear
expectarion5 Of involvement and applitation and this include5 representin8 the School at various functions. All
Scholarships are subject to an annual review a8ainst pro8ress and effort. The khool expect5 all stholars to be role
models through their conduct and their positive Contribution ro life at Silcoates.
The purpose ol our scholarship award5 15 to recognise h58h acadernic potential or the ability to excel in our exira-
curricular activities.
Acadernic siholarships are awarded to those entering the Senior School, whether from the Junior School or from
elsewhere, who have shown outstandin8 academic attainment. The value ol the scholarship awarded is a5 at the
discretion ol the Headmaster but the remission wi11 be no more than 20% 01 the lull lees.
Where further a55iStance is
reouired. scholarship awards may be Supplemented by a means tested bursary.
Music ￿hOlarShIpS are assessed by audition5 and throu8h practical asses5ment5. Scholars feceive free tuition in up to
two instruments lor in singing), with the expectation that they will play a leading role in the music performance5 and
ensemble5 available at Silcoates.
Art scholarships ère assessed by the presentation of a portfolio and throu8h practical a55essment5, as devised by the
Head of An. A remission of up to IO% ol the fu11 fee Is awarde(J.

SILCOATES SCHOOL
GOVERNORS, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
Scholarship Policy Icontinuedl
Sportin8 Scholarships at Silcoates may be awarded ro existing and new Year 7 and Sixth Form students who demonstrate
outstanding ability in 8 Sport lor their age 8roup. There are two types of sport xholars at Silcoates., Full 5cholar5 and
Honorary scholars. Honorary scholars are often unable to commit to representin8 the School due to a number of external
factors such as trainin8 and playin8 commitments outside of khool.
Honorary scholars benefit from..
Personali5ed strength and condirioning training
Individual meniorin8 from the PE department
Full ￿holarS benefit from..
All ol the above plus an award equal 10 a IO% remission in School lees.
Wè advèrt15e the availability ol scholarship award5 annually in the local press and via social rnedia. Further details of our
scholarship policy are available on our website.
Asjlstance for Our TtachlnB Staff
A5 part ol our ernphasis on attracting and retain5ng h58h calibre staff, we offer, at the discretion ol the Governors and
subject io change from lime io time, a discount Kheme where staff fflÈmbÈr5 ch005e to educate rheir children ar the
School.
Flnanclal Pl•nnln¥ Poll
Timely financial plannln6 is often the key lor many parent5 who are hoping to send their Ihildren io Silcoaies School and
school lees plan is available to hèlp those who wish to fund educational costs throu8h regular tontributions.
Famlly Dlscounts Pollcy
To underllne the value we place on continuity lor families, we oller discounts where parents have more than two
children at the Sthogl.
Plans foi future perlods
The Governors Intend to continue their current 5trate&ies Df maintaining rhe khool's Position in a competitive market by
investin8 to provide high quality education lor our pupils. Achievin8 a hi8h standard ol academic result5 Wlth Significant
added-value 15 a constant aim, while maintainin8 the breadth ènd depth ol the education provided. The Headmaster
and senior staff continue to review the curriculum to ensure that the educational qualifications remain appropriate for
our pupils, development.
Our future plans are financed primarily from lee incorne and from our reserves. The Governors need to maintain an
equitable balance, en5urin8 our current pupils benefit while. ai the same lime. ensurin8 a sound infrastructure and
financial base are preserved lor rhe next generation of pupils in the same way as our current pupi15 benefit today from
the investmenr made in the past. Governors are mindful ol the increased pressures on familie5 due to the imposition
of VAT on school lees and continually review the School's cost base and Curr￿c￿luM to ensure elliciencies.
The Governors view our bursary and scholarship awards as important in widenin8 access to the education our school
provides, and they are currently reviewing our policies to ensure that able children can accept offers of places at our
school through the availability of means-resied fee assistance.
Maintaining and. where necessary. developin8 the fabric and facilities of the School is central to our strategy and the
Governor5 remain committed to on8oin8 enhancement of the facilities available to our pupils.

SILCOATES SCHOOL
GOVERNORS, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
Development5 and Malntenance
The Governors and Senior Leadership Team will further develop our 10-year Campu5 Development Programme in the
vear ahead. adding to our annual rolling programme ol departmenial fefurbishment. We aspire io ihe followin8 major
developments in our facilities. as and when possible..
A new combined KSI and EYFS lacilitv
Refurbished and new Science Laboratory facilities
Improved access around the campus
As part of our long-term plan. we will also look to develop our sustainability agenda, seekln8 ways ol moving to a low or
carbon-neutral p051tion ovèr time. We are co8nisant of the Government's aim lor schoo15 to become carbon-neutral by
2030 and have appointed a Sustainability Lead to help steer the school towards this tar8et.
10

SILCOATES SCHOOL
STATEMENT OF GOVERNORS, RESPONSIBILITIES
FOR THE YEAR ENDEO 31 AUGUST 2025
The Governor5 are responsible for preparing rhe Governors. Report and the financial statements in accordance with
applicable law and Unired Kingdom Accounting Standard5 (United Kingdom Generally Accepred Accounting Practice).
The law applicable ro charities in England & Wale5 fequiresthe Governorsto prepare financial statements for each financial
which give a true and lair view of the state of affairs of rhe Chafiry and of its incorning resource5 and application of
resources, including it5 income and expenditure, for thèt period. In preparin8 these financial statements. the Governors
are required to..
select 5Ultable accounting policies and then apply them consistentlyi
observe the methods and principles of the Charitie5 SORP IFRS 1021.,
make judgements and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards IFRS 1021 have been followed. subject to any material departures
disclosed and explained in the financial 5tatement5.'
prepare the financial statements on the going concern basi5 unless It 15 inappropriate to presume that rhe Charity will
continue in bu5ine5S.
The Governors are responsible for keeping adequate accounting Tecords that are sufficient to show and explain rhe
Charity's transaction5 and disc105e with reasonable accuracy at any time the financial position of the Charity and enable
them to ensure that the financial statements comply with the Charitie5 Act 2011, the Charity IAccounts and Report51
Regulations 2(X)8 and the provisions of the Charity Commission Scheme. They are also re5pon5ible for safe8uarding the
assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other
Approved by order ol the members of the Board of Governors and signed on its behalf by..
ywÈr'lD.*H*PPIWXNJ'"""
Mr David PaylTrng- Chair of Governors
Date.. 0410112026 UTC

SILCOATES SCHOOL
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SILCOATES SCHOOL
Opinion
We have audited the Financial Statements of Silcoate5 School Ithe 'Charity'l for rhe year ended 31 August 2025 which
comprise the 5tarement of Financial Activities Ilncorporating Iniome and Expenditure Accountl, the Balance Sheet, rhe
statement ol Cash Flows and the related note5. including a summary ol significant accounting policies. The financial
reporting framework rhat has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic
ol Ire1and' Iunited Kingdorn Generally Accepted Aciountin8 Practicel.
Financial Statements
In our opinion the Financial Statements..
give a true and fair view ol the state of the Charity's allairs a5 at 31 August 2025 and ol it5 incoming resources and
application of resources for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Prattice,. and
have been prepared in accordanie with the reouirements of the Charities Act 2011.
Bas15 for opiwtion
We conducted our audit in accordan£e with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our
responsibilities under those standards are further described in the Auditors, responsibilitie5 for the audit ol the Financial
Statements section of our report. We are independent of the charity in accordance with the ethical requirements that are
relevant ro our audit of the Financial Statements in the United Kingdom, includin8 the Financial Reporting Council's Ethical
Standard, and we have fulfilled our other ethical responsibilitie5 in accordance with these requirements. We believe that
the audit evidence we have obtained is sullicient and appropriate to provide a basi5 lor our opinion.
Concluslons relating to 8oin8 Concern
In auditing the financial statelnents, we have concluded that the Governors, use of the 8oin8 concern basis of accountin8
in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or tonditions
that. individually or collectively, rnay cèst significant doubt on the Charity's ability to continue as a 80ing concern lor a
period of ar least twelve months from when the financial statements are authori5ed for issue.
Our responsibilitie5 and the responsibilities of the Governors with respect to goin8 concern are described in the relevant
section5 01 this report.
Other information
The other information comprises rhe information included in the Annu31 Report other than the Financial Statements and
our Auditors, Report thefeon. The Governors are responsible for the other information contained within the Annual
Report. Our opinion on the Financial Statements does not cover the other information and. except to the extent otherwise
explicitly stated in our report. we do not express any form of assurance conclusion thereon. Our responsibility is to read
the other information and, in doing so, consider whether rhe other information is materially incon515tent with the Financial
Staiemenrs or our knowledge obtained in the iour5e of the audit, or otherwise appears to be materially mi55tated. If we
dentify such material inconsistencies or apparent rnateriaS misstatements. we are required to determine whether this
gives rise to a rnateTial rni55totement in the Financial Statements themselves. Il, based on the work we have perforrned,
we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
12

SILCOATES SCHOOL
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SILCOATES SCHOOL ICONTINUEDI
Matters on whlch we are requlred to report by exceptlon
We have nothing to report in respect ol the following matters where the Charities Act 2011 requires us to report to you if,
in our opinion..
the information 8iven in the Governors, Report is inconsistent in any material respect with the Financial Statements,.
or
sullicient accountin8 records have not been kept,. or
the Financial Statement5 are not in a8reement with rhe aicountin8 record5 and returns., or
we have not received all the information and explanations we require lor our audit.
Respon51bllbtles of Go¥ernofS
As explained rnore lully in the Governors, Re5ponsibi1ities Statement. the Governors are responsible lor the preparation ol
the financial staremenis and lor such internal control as the Governor5 determine is necessary to enable rhe greparation
ol Financial Statements that are free from material missraiement. whether due to fraud or error.
In preparing the Financial Staternenrs, rhe Governor5 are responsible for asse55in8 the Charity's ability to continue as a
80in8 concern, disclosin& as applicable, matiers related to goin8 concern and using the going concern basis of accouniln8
unless the Governor5 either intend 10 liquidate the Charity or io cease operations, or have no realistic alternative but to
do 50.

SILCOATES SCHOOL
INDEPENDENT AUDFfoRS' REPORT TO THE MEMBEAS OF SILCOATES SCHOOL ICONTINUEDI
Auditofs. responslb1lit￿S for the audit of the financial statements
We have been appoinred as auditor under section 144 of the Charities Act 2011 and rewrt in accordance with the Act and
relevant regulations rnade or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the Financial statements as a whole are free from
material missratemenr, whether due to fraud or error. and to issue an Auditor5, Report that includes our opinion.
Reasonable a55urance is a high level of assurance. buf is not a guarantee that an audit conducted in accordance with ISAS
IUKI will always detect a rnaterial misstaiement when it exists. Misstatement5 can arise from fraud or error and are
considered rnaterial if. individually o¥ in the aggregate. they could reasonably be expected to influence the ￿0nDM4[
de(isions of user5 taken on the basis of these Financial Staremenrs.
Irregularities. including fraud, are instance5 of non-compliance with law5 and regulations. We design procedures in line
with our responsibilities. outlined above. to derett material mi55t3tements in respect of irregularities. including Irzud. The
extent to which our procedures are iapable of detecting irregularities, including fraud is detailed below".
We undertake the following procedures to identify and reswjnd to these risks of non<ornpliance'.
- Under5tandin8 rhe key legal and re8ul*ory frameworks that are applicable to the ChafKty. We communicated
identified laws and regulations throughout the audir team and retnèined alerr to any indications of noncompliance
throughout rhe audit. We determined the most Sl8nificant of these to be around Employrllent law.
Charity law. Health and Safety law, F¢)od and Hygiene re8ulations. Taxation law and GDPR
- Enquiry of Governors and rnanage￿nt as to w)licie5 and procedu￿ to ensure compliance and any known
instances of non<ompliance
- Review of t>oard minutes and correspondence with regulators
Enquiry ol GovernoTS and management as to a￿a5 of the financial statements susceptible to fraud and how
these risks are managed
- Challengin8 management on key estimates. assumptions and judgements tnade in the preparation of the
financial statements. These key areas of uncertainry are dis(losed in the accounting policies
Identifying and testing unusual journal entries. with a particular focus on manual journal entries
Through these procedures, we did not become aware of actual or suspected ￿n<0mplIanCe.
We planned and performed our audit in accordance w?th auditing standards but ovrring to the inherent limitation5
of procetlures requireij in these areas. there 15 an vnavoidable risk that we may not have detecte(l a material
misstatement in the accounts. The further rernoved non-compliance with laws ènd regulation5 is from the events
and transaction5 refletted in the financial statements. the le55 likely we would become aware of it. The risk of not
detettin8 a material misstatement due to fraud 15 higher than the risk of not detetting one resulting from error. as
fraud may involve concealment. collusion, forgery, misrepresentations, or override of internal controls. We are
not respon51ble for preventing non-(ompliance and cannot be ex￿￿e￿ w delect non<otnpliance with all laws
and reBulation5.
A further description ol our responsibilitie5 for the audit of the Financial Staternents is IcKared on the Financial Reporting
Council's website at.. www.frc.org.uVaUOitorsre¥￿nsibIlitie5. This tlescription forms part of our Auditors, Report.
14

SILCOATES SCHOOL
INDEPENDENT AUDITORS, AEPORT TO THE MEMBERS OF SILCOATES SCHOOL ICONTINUEDI
Use of our report
This report is made solely to the Chariry's Governor5. as a body, in accordance with Part 4 of the Charitie5 (Accounts and
Reports) Re8ulaiions 2008. Our audit work has been undertaken so that we mi8ht sraie to the Charity s trustees those
matters we are required to state to them in an Auditors. Report and for no other purpose. To the fullest extent permitted
by law, we do noi accept or assume responsibility io anyone other than the Charity and its trustees, as a body, lor our
audit work, for this report, or lor the opinions we have formed.
Chrlstopher 8•aumont 8A Imonsl BFP FCA DChA
Cllve Owen LLP
Chartered Accountants and Sratuiory Audltors
140 Coniscliffe Road
Darlington
Co Durham
OL3 7RT
Date..

SILCOATES SCHOOL
5TATEMENf OF FINANCIAL ACTIVITIES IINCORPORATIP4G INCOME AND EXPENDITURE ACCOUNTI
FOA THE YEAR ENDED 31 AUGUST 2025
Unrestricted
funds Restfitted funds
2025
2025
Endowment
funds
2025
Total
fvnds
2025
Total
funds
2024
Note
Intome and
endowments from:
Donations and
legacies
15
15
161
Charitable a¢tivities
6.934
6.934
7.089
Total incomt and
endowments
Empenditure on..
Charitable activitles
7.022
7,022
7.092
Other expènditure
134
134
189
T￿11 expendbtuie
Net m¢wemem In fvnd5
Retonclllatlon ol fvnds:
Total funds brought
forward
6.738
32
629
7.399
7,430
Net movement in lunds
12071
12071
Total fund5 tairled
forward
The notes on pa8e$ 19 to 39 form part of ihe5e financial statements.
16

SILCOATES SCHOOL
8ALANCE SHEET
AS AT 31 AUGUST 2025
2025
2024
£0
Note
Flxed assets
Tan8ible assers
9,960
10,328
9,960
10.328
Current assets
Stocks
Debiors
Cash at bank and in hand
io
li
2,100
219
1,604
277
2,326
1,888
Creditors.. amounts falling due within one year
12
13,5521
12.9171
Net Current Ilabllltle5
11,2261
11,0291
Tot•1 assets less current Ilabllltles
8,734
9,299
Creijitors.. amounts falling due after more than
one year
13
11,5421
11,9QJl
Tot•1 net assets
Ch•rlty funds
Endowment lund5
Restricted funds
Unresrriited funds
Designated funds
General funds
Revaluation reserve
15
15
629
32
629
32
15
15
79
3.539
2.913
79
3,521
3,138
Total unrestritted funds
15
6.531
6,738
Total funds
The financial statemenrs were approved and aurhorised for issue by rhe Governor5 and signed on their behalf by..
Paylin
Ichaif of Governors)
Date.'0410113026 UTC
The notes on pages 19 to 39 form part of these financial statements.

SILCOATES SCHOOL
STATEMENT OF CASH FLOW5
FOR THE YEAR ENDEO 31 ALIGUST 2025
2025
£0
2024
£ocK)
Note
Cash flows from operatlng adivltles
Ner cash used in operatin8 artivities
17
379
799
Cash flows from Investlnl artlvltlts
Interest paid
11341
11891
Purchase of tangible fixed assets
1821
12661
Net cash used In In¥estln6 artlvltles
12161
14551
Cash flows froffl financlng actlvltles
Cash inflows from new borrowing
2,020
Repayments of borfowin8
13371
11.6261
Repayment ol overdraft
13701
Net cash provlded byllused Inl fin•ncln6 actl¥ltles
13371
24
Ch•nie In Cash and cash equlvalents In the year
11741
368
Cash and tash equivalents at the be8innin8 01 the year
277
Cash and cash equfv•lents at the end ofthe year
The note5 on page5 19 to 39 form part of these financial statements

SILCOATES SCHOOL
NOTES TO THE FINANOAL STATEMENTS
FOR THE YEAR ENDEO 31 AUGusf 2025
Ac¢ountin8 polkles
1.1 a•$￿ of preparation of financial statements
The financ¢al statements have been plepared in accordance with the Charities SORP IFflS 1021
Accounting and Rewrting by Charitie5'. Statement of Recommended Practice applicable to charit￿e$
preparin8 their accounts in accordance with the Financial Reporting Standard applicable in the UK
anij Republic ol Ireland IFRS 1021 lellective l January 20191. The financial statements have been prepared
under the historical cost convention with the ex(eption of fixed a55ets which are included at market value, as
modified by the revaluation of certain assets.
The Governors, having made due and careful eftquiry and reviewing prepared forecast5, are of the
opinion that the School has adequate workin8 lapital to execute its operations o¥er the nexr twelve
months. The Governors. therefore, have made an informed jud8eME￿l. at the time of approving the
financial statements. that there is a reasonable expertation that the School has adequate resources
to continue in operation31 existence for the foreseeable fulure. As a result, the Governors have
conrinued to adopt the going concem basi5 01 accounting in preparing the annual financial
statemw)ts.
&lcoate5 School constitutes a public benefit entity as defined by FRS 102.
1.2 Fund ¥c¢)unting
General funds a￿ unrestricted funds which are available for use at ihe dtscretion of the Governors in
furtherance of the general objectives of the Charity and which have not been designated for other purpK)ses.
Designated funds comprise unresrriaed funds that have been set aside by the Governors for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
RestTlrted funds are funds which are to be used in accordance with specific restrictions imposed by donors or
which have been raised by the Charily for parricular purposes. The costs 01 raIS￿ng and administering such
funds are charged a8ainst the specific fund. The aim and use ol each restricted fund is Set out in the notes to
the financial statements.
All financial activtties in the curreni and prior year are relating to unrestricted funds.
1.3 GOI￿ concern
The Governor5 as5e55 whether the use of going concern is appropriate i.e.. whether there are any material
uncertainries related to events or Conditions that rnay cast significant ¢Joubr on rhe ability of rhe School to
continue as a 8oin8 concern. The Governors made this assessment in respect of a period of a least one year
Irom the date the financial staternent5 afe approved.
19

SILCOATES SCHOOL
NOTES TO ThE FINANaAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Accounting policies Icontinuedl
1.4 Income
All income is fecognise(l oncethe Charity ha5 entitlement to the income, it is probable that the income will be
received and the arrnunt of income receivable can be measured reliablv.
For legacies, entitlement is taken as the earlier of the date on which either.. the Charity is aware that probat
ha5 been granted. the estate hès been finalised and noiificaiion has been made by the executorlsl to the Trust
that a disiribufion will be made. or when a distribution is re(eive(t from the estate. Receipt of a le8acy, in
whole or in part, is only cons+dered probable when the amount can be measured reliably and the Charity has
been notified of the executor's Intention io make a dTstribution. Where legac￿e$ have been notified to the
Charity. or the Charity is aware ol the granting of probate, and the criteria for income recognition have not
been met. then the legacy is treated as a conringent asset and disclose(l il material.
Donated services or facilities are recognised when the Charity has control over the item, any conditions
assoc￿ated with the donated item have been met. Ehe recwpt of econornic benefit Irotn the use of the Charity
of the item is probable and that economic benefit can be measured reliably. In ￿(ordance with the Charitie5
SORP IFRS 1021. the general volullteertime of the Friends is not recogntsed and ￿fer to the Governor5, report
lor more inforniation atr*)ut their contribution.
On r￿elpt, donated professional services and facilifies are recognised or the basi5 of the value of the gift to
the Charity which is the ank)uni it would have been willing ro pay to obtain services or facilities of equivalent
economic benefit on the open market.. 3 corres￿nding amount is rhen recognised in expenditure in the period
of receipt_
Income tax recoverable in relation to donations re(eived under Gift Aid or deeds of covenant is reco8nised at
the time of the donation.
Income tax recoverable in relation to investment incorne 15 recognised at the time the investment income is
receivable.
Other income is recognised in the period In which it is receivable and to the extent the goods have been
provided or on completion of the service.
1.5 EmpendI￿
Expenditure is reco8nised once there is a legal or construrtive obligation to transfer economic benefit to è
third pany, 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 classified by artivity. The c05t5 of each attivity are
made up of the total of dirett costs and shared costs. including support costs involved in undertaking each
activity. Direct costs attributable ro a single èttivity are allcKated directly to that activity. Shared costs which
contribute to more than one attivity and supp)n cosrs which are nor arrributable to 3 Single activity are
apporrioned between those artivitie5 on a basis consistent wth the use of resources. Central staff costs are
allocated on the basis of time spent. and depre(iation charges allocated on the portion of rhe asset's use.
Support costs are those costs incurred dirertly in sUp￿rt of expenditure on the objects of the Charity.
Governance costs are t1￿15t incurred in connection with administration of the Charity and compliance with
constitutional and statutory requirements
Charitable activ¢ties and G(Nernance costs are costs incurred on the Charity's educational operations,
includingsupport Costs and c05t5relatingtothegovemance of the Charityapportioned to charitableactivities.
All expenditure is inclusbve of irrecoverable VAT.
20

SILCOATES SCHOOL
NOTES TO THE f INANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGusf 2025
Accountln8 pollcles Icontlnuedl
1.6 TanBible fixed assets and depretiation
A review for impairment of a fixed asset is carried out if events or chan8es in circumstances indicate that the
carrying value ol any fixed a55et may not be recoverable. Shortfalls between the carrying value of fixed assets
and their recoverable amounts are recognised as impairments. Impairment 105se5 are recognised in the
Staternent ol Financial Activitie5.
Tan8ible fixed assets are carried at cost or valuarion, net of depreciation and any provision for
impairment. Depreciation is provided at rates ca1iulated to write off the cost or valuation of fixed assets, less
their estimated residual value, over their expected useful lives on the following bases..
Freehold propertv
Land
Fixtures and fittin8S
10- 50 years straight line
not depreciated
1 20 years Straight line
1.7 Le35ing and hire ptsrchase
Assets obtained under hire purchase £ontracts ènd finance leases are £apitalised as tangible fixed assets.
Assets acquired by finance lease are depreciated over the shorter of the lease term and rheir useful lives.
Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where
substèntially all ol the benefits and risks of ownership are assumed by the Charity. Obligations under such
agreements are included in creditors, net of the finance charge allocated to futLJre periods. The finance
element of the rental payment is charged to the Statement of Financial Activiries Ilncorporating Income and
Expenditure Account) so as to produce a constant periodic rate of charge on rhe net obligation outstanding in
each period.
1.8 Operatlng lease$
Rerttals paid under operating leases are charged to rhe Statement of Financial Activities Ilncorporatin8 Income
alld Expenditure Accounrl on a straight line basis over the lease term.
1.9 Stocks
Stocks are valued at the lower of c05t and estimated selling price less costs to sell.
1.10 Oebtors
Trade and other debtor5 are recognised ai the settlement amount after any trade discount offered.
Prepaymenrs are valued at the amount prepaid net of any trade di5count5 due.
1.11 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three
month5 or less from ihe date of acouisition or openin8 ol the deposit or similar account.
1.12 Pen￿on5
The Charity operates defined contribution pension schemes for staff. Contributions payable to the scheme are
charged to the Statement of Financial Activities In the period to which they relate.
21

SILCOATES SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 AUGUST 2025
Accountin8 poltrcies Icontinuedl
1.13 Liabilitits and provlslons
abilities are reco8nised when there is an obli8afion ar the 8alance Sheet dale as a resulr ol a pasr event, li is
probable that a transfèr of Èconomic bènefit will be required in settlèmènt, and the amount of the settlement
can be estimaied reliably.
Liabilitie5 are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount
it has received as advanced payments lor the goods or services it must provide.
Provlslons are measured ot the best estirnate of the amounts required to settle the obligatlon. Where the
ellect of the tirne value of money is material, the provision is based on the present value of those amount5,
discounred at the pre-tax discount rate that relletts the risks spe(ific io the liabililv. The unwindin8 01 the
discount is reco8nised in rhe Staiement of Financial Activities Ilncorporatin8 Income and E¥pendilureAccounrl
a5 a linan£e cost.
1.14 Flnancl•l Insiruments
The Charity only has financial assets and financial liabilitie5 01 a kind that qualify as baslc financial Instruments.
Basic financial in5trument5 are initially recognised ai transactlon value and subsequently measurèd at their
settlement value with the exception of bank loans which are subsequently measured at amort15ed cost using
the ellettive interest method.
Crltlcal atcounflni estlm¥te5 •nd areas of ludiÈm•nt
Estimares and jud8ements are continually evaluated and are based on historical experience and other factQfS.
includin8 expeciarion5 of future events that are believed ro be reasonable under the circumstances.
Critical attountin8 estimates and assurnptions..
Debtor provision There are two provisions included within the financial 5tatement5,' full provision and partial
provision. The full provision grovide5 lor I￿% ol balances that are not consiijered ro be recoverable. The partial
provision provide5 lor balances that are doubrlul debts. The total bad debt provision within rhe financial statements
is £178,¢XIO12024.. É159,OCKJI.
22

SILCOATES SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 1025
Income frorn donations and le8a¢les
Unrestricted
funds
2025
Total
funds
2025
Total
funds
2024
£OLS)
Oonarions
Total 2024
Incorne Irom charltable actlvltle5
Unrestricted
lunds
2025
Total
fund5
2025
Total
lund5
2024
£oco
Edutational charitable activities
Toral 2024
school Itt Intome
2025
ÉOLX)
2024
Gross lees
7,460
7.619
Les5'. total bur5arie5. 8rants and allowances
17221
17141
Othef educ•tlonal charltable artlvltle5
2025
Eoc
2024
Music Tuition
iii
105
23

SILCOATES SCHOOL
NOTES TO THE FINANCIAL STATEMENT5
FOR THE YEAR EMDED 31 AUGUST 2025
Other ancillary actiVFties
2025
£000
2024
£000
Letting5 and other Income
85
79
Anaty5is of expendknure by activities
Direct
costs Support costs
2025
2025
Total
funds
2025
Total
funds
2024
£o(x)
£0
Educational charitable attivities
Total 2024
All expenditure for educational charitable activitie5 was to unrestricted funds in both 2025 and 2024.
Analysis of direct C05t5
Total
funds
2025
Total
funds
2024
Irestatedl
000
Staff costs
3.282
3,154
Educational supplies
161
309
Welfare costs
411
421
Total 2025
24

SILCOATES SCHOOL
NOTES TO THE FINANOAI STATEMENT5
FOR THE YEAR ENDED 31 AUGUST 2025
Analysis of SUPPDrt tosts
Total
funds
2025
Total
funds
2024
Irestatedl
Staff costs
1.754
1.635
Depr￿latIOn
450
471
Premises
745
810
Support Costs
183
221
Governa¥Ke
17
36
Profes￿onal fee5
19
35
Tthal 2025
The iomparatives within this note have been restated to reflect the nature of the expenditure [￿re accurately. The total
overall expenditure remains unchanged
Other expendlwre
Unrestricted
funds
2025
Total
funds
2025
Total
funds
2024
Bank interest payable
Total 2024
25

SILCOATES SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 AUGUST 2025
Net Incoffle/lExpendlturel
This is stated after charging..
2025
£000
2024
£000
Depreciation of tangible fixed assets
450
471
Auditors. remuneration - audit
15
14
Auditors. remuneration non-audit services
li
Operating lease rentals
102
53
26

SILCOATES SCHOOL
NOTES TO THE FINANCIAL STATEMENT5
FOR THE YEAR ENOED 31 AUGUST 2025
Staff costs
2025
2024
£000
Wages and salaries
4,113
3,974
So£ial security costs
450
373
Other pen5$0n costs
471
442
5,034
4.789
Redundancy costs
The average number of persons employed by the Charity during the year w85 as follow5..
2025
No.
2024
No.
Teachin8
67
65
Adrnini5tration and support staff
48
Premises, catering and porter5
32
30
The number of employee5 whose employee benefits (excludin8 employer pension costs) exceeded £60,000 was..
2025
2024
In the band £60,(K)1- £70,OLK)
In the band £70,001- £80,IYX)
In the band £80,001- £90,000
In the band £IIO,(M)I - E120,0(X)
Total remuneration received by the key management personnel of the school was £614,(XJO12024.. E522,0(X)I, of
which £68.Cq)012024.. £62,IXM)I related to employer's pension contributions.
During the year, no Governors received any remuneration12024- £nill.
During the year, no Governors received any benefits in kind12024- £nill.
During the year, no Governors received reimbursement of expense5 totallin8 £nil12024- £nill.
27

SILCOATES SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST Z025
Tangible fixed a55ets
Freehold
property
Fixtures and
Total
£0
Cost or valuatlon
At I September 2024
10,019
3.975
13,994
Additions
15
67
81
Disposals
At 31 Au8USt 2025
10.034
4,028
14,062
Depreclailon
At I September 2024
677
2,989
3,666
Charge for rhe year
225
225
450
Disposals
1141
At 31 Au8usr 2025
902
3,200
4.102
Net book Value
At 31 Au8usI 2025
At 31 Au8VSt 2024
Cost Of Valuation at 31 August 2025 is as follows
2025
2024
At cost
9,435
9,420
Aevaluation in 2014
120
120
Revaluation in 2021
479
479
28

SILCOATES SCHOOL
NOTES TO ThE FINANQAI STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
If the land and building5 had not been included at valuation they would have been included under the historical
cost convention as follows=
2025
2024
EO(K>
Cost
9,411
9.411
Acculnulated depreciation
19021
16771
Net book Value
Followin8 an eadier sitevisit. Mr BruceAllan. an RICSregistered valuer and partner at Carterjonas issued a valuation
report in reSp￿t ol land & buildings at Silcoates Sthool on 22 July 2021. The Valuation usin8 the depreciated
replacement cost basts was £9,960.1)XJ.
io.
Stock5
2025
£O(KJ
2024
£O(A)
Raw materials and consumable5
ii.
Oebtor5
2025
2024
Trade debtors
Other debtors
17
19
Prepayrnents and accrued Income
243
137
29

SILCOATES SCHOOL
NOTES TO THE FINANQAL STATEMENTS
FOR THE YEAR ENOED 31 AUGUST 2025
12.
Creditors.. Amoynts falling due within one year
2025
£oc
2024
Loans and overdrafts
274
147
Pension creditor
52
Trade (￿l¢Of5
302
208
Orher taxation and social security
432
88
Obligations under finance lease and hire purchase contratts
io
Other creditors
125
97
Accruals and deferred i￿ome
2.357
2,315
30

SILCOATES SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
2025
2024
Deferred income
Deferred income at I September 2024
2,266
2,303
Resource5 deferfed during the year
2,3CM)
2.266
Amounts released from previous periods
12,2661
12,3031
Income deferred in the period relates to fees invoiced in advance, and enrolment deposits.
13.
Creditors.. Amounts lallin8 due after More than one year
2025
£0
2024
Bank loans
1.412
1,760
HP liabilitie5 and f1nance lease5
Enrolmeni deposits
130
131
31

SILCOATES SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
14.
Secured debts
2025
£o(x)
2024
£000
Hire purchase < l yr
io
Hire purchase 1-2 yrs
Hire purchase 2-5 yrs
Bank loans < I yr
158
147
Bank loans 1-2 yrs
156
147
Bank loan5 2-5 yrs
542
441
Bank loans > 5 yrs
714
1,172
Bank overdraft
116
The bank loans and overdraft are secured over rhe freehold land and buildings.
Hire purchase is secured against the asset to whi£h it relates.
The Charity's Term Loan is to be repaid over 10 years, at an annual interest rate of 2.96% above the Base Rate.
Repaymenrs are capital and inierest. and are rnade on a monthly basis.
32

SILCOATES SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 202S
15.
ststement of funds
Stattrnent of funds- current year
Balance at I
September
2024
Transfers 83lance at 31
in/out
Au8USt 2025
EO
Income
Expenditure
Unrestricted lund5
Designated funds
Silcoatians donations
79
General funds
General Reserve
3,521
6,949
17,1561
225
3.539
Revaluatlon reserve
3.138
12251
1.913
6.659
6,949
17.1561
6,452
Totèl Unrestrlcted funds
6,738
6,949
17.1561
6.531
Endowment funds
Capital
602
602
Special fvnds
27
27
629
619
Restricted funds
John France fund
31
32
Total of funds
33

SILCOATES SCHOOL
NOTES TO THE FINANaAL STATEMENTS
FOR THE YEAR ENDED JI AUGUST 2025
15. Statement of funds Icontlnuedl
The General Reserve represents those funds which are unrestricted and noi designated for other purposes.
Revaluation Reserve represents the increase in value of the buildSn8s reflected in the aciounts.
Capital represents the original land and buildings endowed to the charity.
Special Funds represents those funds which are reserved lor scholarships. bursaries and priie funds.
The John France fund is used for the promotion, support and expansion of outdoor aciivlries and opportunitie5.
SI1coatians Donations fund The governors have set aside these funds lor purposes whSch befit the Oflginal
objectives of rhe Old Silcoatians A55(xiation.
Durin8 the year a transfer of £225,COJ was rnade between the Revaluation Reserve and the General Reserve to
represent the revalued amount of the buildin85.

SILCOATES SCHOOL
NOTES TO THE FINANOAL STATEMENTS
FOR THE YEAR ENOED 31 AUGUST 2025
Statement of funds. prior year
Balance at
I September
2023
Balance at
31 August
2024
Transfers
in/out
Income
Expenditu
Unrestricred funds
t)esi8nated funds
&lcoatians donations
General funds
General Aeser¥e
7.171
172811
226
1.521
Revaluailon reser¥e
3.364
12261
3.138
6,769
7.171
172811
6.659
Total Unrestrl¢ted fvnds
7250
172811
6.738
Endowment fvnds
Capitsl
602
Specbal furlds
27
27
629
629
Restrirted funds
John France fund
32
Totsl of fvnds
35

SILCOATES SCHOOL
NOTES TO THE FINANaAL STATEMENTS
FOR THE YEAR E14DED 31 AUGUST 2025
16.
AnalysLs of net a55ets between funds
Analysb5 of ntt assèts bet¥rten fvnds- curvent period
Unrestricted
funds
2025
Restrirted Endowment
funds
funds
2025
2025
Total
funds
2025
Tanaible Fixed asset5
9,358
602
9.960
Current a55ets
2.267
32
27
2,326
Creditors due within oneyear
13,SS21
13,5521
Creditors duè in more than one year
11.5421
11.5421
Total

SILCOATES SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 AUGUST 2025
Anatysis ol net assets between funds- prior period
Unrestricted
funds
2024
Restrirted
funds
2024
Endowment
funds
2024
Total
funds
2024
EO
Tangible fixed assets
9,726
602
10,328
Current a$5et5
1,829
32
27
1.888
Creditors due within one year
12,9171
12.9171
Creditors due in more than one year
11,9001
11.9001
Totsl
17.
Reconclliation of net rnovement in funds to nei cash flow from operating artivr<ies
2025
£000
2024
Net incomelexpenditure lor the period las per Sratement of Financial Activities)
12071
Adlustments for-
Depreciation char8es
450
471
Bank interest paid
134
189
Decreasellincreasel in st¢xks
Decreasellincreasel in debtors
14961
234
Increase/ldecrea5el in CTe(Jitors
498
1701
Net cash provided by operating acti¥ities
37

SILCOATES SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDÉD 31 AUGUST 2025
An8￿51$ of cash and c35h equfvalents
2025
2024
Cash in hand
219
277
c￿erdraft facility repayable on demand
11161
Total Cash and cash equivalents
19.
Analysls of change5 in net debt
Atl
September
2024
At 31 August
2025
Cash flows
Cash at bank and in hand
277
1581
219
Bank overdrafts and loans
11471
11271
12741
Debt due after l year
11,7601
348
11,4121
Finance leases
li
38

SILCOATES SCHOOL
NOTES TO THE FINANOAL STATEMENTS
FOR THE YEAR E14DED 31 AUGUST ZOZ5
20.
Pension comrnttrnents
Contributions arnounting to f 54,(K#) 12024= f 52.IX(11 were payable to the scheme at 31 August 2025 and are
include(I within creditors.
21.
Operatlnfj lease ccynmlbments
At 31 Au8USt 2025 rhe Charity had commitments to make futu￿ minimum lease payments under non-cancellable
operatin8 leases as follows..
2025
2024
Not laier than l year
93
Latef than I year and not later than 5 years
127
163
39