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2025-07-31-accounts

2025 Alleyn's School Financial Statements YEAR ENDING 31 JULY 2025 1619 ALLEYN'S ALL WE CAN BE J IN I)I,;I'EINDE_N'I' SLFIC)()L .AWARDS. Company number 09401357 Regislered Charity Number.. 1161864 IConsolidatin9 Registered Charity Numbers.. 1161864-1, 1161864-2, 1161864-3 ond 1161864-41

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 CONTENTS Page Introduction From the Choir ol Govemors and the Head Annual Rgport of the Governors Independent Audilols Rèport ￿ the Members of Alleyn'5 Sehool 46 Group S￿￿ment ol Financial Activitias 50 Balance Sheets 51 Group Cosh Flow Stoternanl 52 Notes to ih• Financial Stalèmenls 53

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 GOVERNORS Governor5 who served during Ihe year and at the dole the report and uccounls are signed w&r$'. Mrc stylionou OBE BSC. (Chairl Mr C Barclay Bsc (Honsl FRAS FRSA ACIEA #" (Vice Choir) Ms J Voisin BA (Honsl Oxon # + Mr5 D Barrott Bed, Med #" Mr b Bennett MA Icontabl,. MBA,. FCMI Ichortered Monogemenl In5li1v*el MrA Conslanlinides B.En9 SM, MBA ' Dr N Ezg Bsc (Hon51, MBBS, MD, DO_HNS, MRCS IEd/Engl, FRCS IORI-HNSI # + Mrj Elzin9a AB Mst FCCT #' Ms S Henderson Bsc IHonsl, ACA '+ Ms F Locken BAIHon51, MSC, MRICS # + Mr N KatU9ampola MA Icantobl. Mr5 S McKimm MA (Oxonl, MA IKCLI # Mrj Mo9er BA, GDL" indscates member of the Finance and General Purpos85 Commillee.

indicoles member ol Ihe Edutgtion Cornrniltee.

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 ADMINISTRATIVE DETAILS Registered Charity Number 1161864 Company Number 09401357 Regislered Address Alleyn's School Townley Road Dulwich London SE22 8SU 0208 557 1500 PRINCIPAL ADVISERS Investment Advisers CCLA Senator House 85 Queen Vicloria Sireel London EC4V 4ET Independent Auditors Hoysmoc LLP l O Queen Street Place London EC4R I AG Bankers Barclays Bonk ple I Churchill Ploce Canary Whorf London E14 5HP HSBC 6 Floor 71 Queen Victorio Stre&1 London, EC4V 4AY Solicilors Forr8r & Co 06 Lincoln's Inn Fields London WC2A 3LH Field Fisher Riverbank Housè 2 Swan Lane London EC4R 3TT RWK Goodmon 69 Cortèr Lane, London, EC4V SEQ

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 INTRODUCTION FROM THE CHAIR OF GOVERNORS AND THE HEAD At Allgyn's, we are entirely locussèd on the Iransformalive power of èducotion where academic exce116n¢e goes hand in hund with joy, wallbeing ond possibility. We orè o lorward-thinking, volues-led school rooted in o proud history yel firmly Iocu5sed on the Future. We bèliève in empowering our pupils lo be 'AII They Can Be, academically ambit50U5, intellectually curious, and d6èpIy engaged in the world around thém. They develop into kind, conlidènt, ond inspired individuals, ready lo lead with purpose and make o meoningfvl irnpacl wherever their journeys toke them. ,1 I Ilk- 2025 ho5 been a mornenlous year for Alléyn'5 School with our best ever A level and GCSE performance, our highesl nurnber ol slvdents taking up places oi Oxbridge, alongside so many joylul highlights lor our pupils. includin9 unlorgettoble productions of Homlel, The Crucible ond Grimm s Toles, ond our musicions playing their hearts out ot Southwork Cathedral ond Battle ol the Bonds. There hov8 also been great sporting mornent5 this year, os thè Boy5, 1 st Xl football leom won the Elgin Capitol League Cup- only the third lime in Alleyn's history thot we hove claimed this title- ond olso wenlon lo win the Trinity Cup loo. Thi5 15 0 wonderful achievemént ihot establishes Ihem as one of the lop independent school SOCCèf teams in Ihe Greoler London areo. In November 2024, the Alleyn's I. Xl Football team look on Rossall School in Loncoshire for o motch. Together, thè t8orns ond speclalofs olso obsèrved a hyo-minule silence lor R8m8mbronce and enjoyed refreshments ofterwards. The goihering was parliculorly poigThontr, 05 It rnorked over 80 yeors since Alleyn's School was evocuoted io Loncoshire in 1941 where ihgy shored Rossall School's facilitie5 ft)r the duration ol World War Two. Rossull was then a boys, boardin9 school situa￿d E>elw$8n Blockpool and Flee￿Ood on north_west coast ol England and A15eyn's took over some Ill'll .. of Ihe boordiTh9 houses lo occommodale it5 pupils ond both schools continued to run as Nvo separole Ènlilie5 whi151sharing the same clossrooms, dining hall ond sports focililies.

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Our girls, 5POrts leams have a150 p&rFormed brilliantly wilh our girls, U15 cricket teom battling Ihrou9h ￿ the county indoors finol ond the U13 Girls A team medolling in the 'Sister5 in Sport, cup finols. And our Alleyn's swim squad made serious wov$s al the World School Swimming Championships bringing homè m8dtsls, breakin9 records, and demonslrating incredible leom spirit both in and outr of the pool. Other highlights from the yeor include.. A big 5plosh was mode on sit8 last year, wilh iho opening of All Studios la re-imagining of the Sidney Batrick (Broding's 19471 Five5, Courls, thanks to a generous donor , os a cutting-edge locility designed to reshape how students opproaeh learning, lechnology, and creativity. The launch was a key moment in All8yTr s Fulure ol leoming iniliutive, ensuring thot the School 15 well posilioned to embroce the digilal IronslormotioTh in educalion and blend ilwiih trodilional pedagogy. ,1 I Ill., DIGITAL FUTURES The opening ol All Siudios coincided with ihe lounch ol the Alleyn's Intelligènce Quotient IAIQ) Curriculum, o course which unites traditional IQ with the rodicol disruption of Al and explores ways of thinking Ihot gr* relevanl lodoy ond ways ol thinking which studen15 will nèèd for lomorrow. Thè world is changing iopidly, ond our children will Treed Strong human skills as well as deeply ingroined ethicol Iromèworks to use ond creole ihe amazing teeh which is now ot their disposol, loi colleclive good. A Digi￿1 futures gyent was held ot the Hewlett Packard Enlerprise London Customer Innovolion Cenlfe, where olumni, parenls ond o group ol Year 13 sludenls came logether For a ne￿orkIng Opportunity to explore Ihe impacts, chollenges ond opportunilies o150rn8 the lolesl cutting-8d90 odvances in technology.

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Thè collective good ol our community wos richly in evidence ol our Muliicultural Week,. o firm highlight each yeor which celebrates div6rsily,- Ihis year with world leas, screersing of Cool Runnings, o Dance Workshop, bubble tea, mooncoke moking, o Culivral Cofé, ond a Fashion Show. which broughi oll our pupils togeiher in a joyful merging ol diverse Food, mtssic, ond culture. si J i+. There w05 also plenty of joy in evidèncè ot an impressive Women in Politics event which Alleyn's hosted in March. The inspirrng discv55ion between Baroness Horriel Horman, Baroness Coroline Pidgeon, Helen Haye5, Noimo Ali, and Resham Kotecha celebrated female leodership ond explored what wos necessary lo encourage more women into politics. Th& lolk wos oll$nded by 350 people and raised money lor KiThg's Colleg& Hospilol's Rongld MeDontsld House projecl. Siudenls, staff. alumni, V15ihng musicion5, and our brillionl community choir came 109ethgr in ihe stunning surroundin95 ol Southwark Cathedrol lor o powerful celebrolion of music through the 09ès in May. Highlights included slandoul solo performoncgs ffom Iwo Yeor 13 students, whose renditions ol Dyoiak and Finzi received enthusiastic applause - o true tèstarnenl to th8ir talent and dedicolion. More than a coneèrt, it WQS a Shining example ol the Alleyn's spirit in o¢hon- comrnunity, creolivity. and collaboration ot its very be51. Sirutegically, li hos olso been o very signilicanl yeor for Alleyn's with thg QCqU15ilion of a local prep school ond the Formation ol ihe School's f¢rst new long-term commercial partnership,. both of which developments will slrèngthen ond diversify the School's revenue rèsp8¢liv$ly whilst incfeasing our ability to bring on Alleyn's edt*cotion lo moro children acros5 London.

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 We were delighted to announce in Jung 2025, thot Ookli8ld Prep School in Wesl Dulwi¢h, will join the Alleyn's Schools Group ond become Alleyns Ooklield IAOI from 31 July 2025. AO is rooled in 51rongvolues and a deep commilmenl to an inspiring holi5tric edvcation. For oYer140 years, AO h05 raised 9enerolions of young18amers and now, as ptsrl of the Alleyn's larnily, AO will conlinve to offer an enriching foundotionl preparing children to thrive not just in school, bul in life. Together, we believe Ihol every child eon become all they con be. While Alleyn s has acquired it, the intention is absolutely that AO will relain its vibrant culture ond Close-knit cornrnunity, while aligning more clossly wilh Ihe ethos ond educohonal philosophy which defines on Alleyn's èducation. Together with Alleyn's Junior School, Alleyn's Oakfield will ofFg1 a shared vision For ¢xc•ptional, holistic learning, grounded in joy, cvriosity ond care. We were a150 delighted lo onnounce in February, our lir5tr commercial partnership with looding global schools, group Cognila, os w8 contracted with Ihern lo loke over o prep school, Alleyn's Regent's Park, in September 2025, ond a prep and sgnior School, Alleyn's Harnpsteod, in September 2020. The addilion of Ih95e two partner schools excihngly means Alleyn's will be educating children north ol the River Thomes for the first tirne irs th6 school's 400-yeor history. Th8 partrnership will see Alleyn s Regent's Pork openin9 lor children 09ed 4-13 from September 2025 ond Alleyn's Hompslead will open u Junior s&ctiorn in addition lo it5 Nursery, pre-prep, Senior ond Sixth Form in September 2026 for children ooed 2-18. Cognila are investing in the developrnenl ond renovation ol the Hompstead ond Regenl's Pork school campuses, including Ihe provision ol a new pasloral corg cènlre 'The Well, and tech studios for the prov15ion ol Alleyn's pioneering tech ond ethical skills curriculum, the AIQ. Last yeoi's establishment of the Alleyn's Schoo15 Group, o dynamic and distinguished collection of schools rooted in the rich heriloge ol Alleyn'5 School in Souih London, unitgd by a vision lor woAd.class holislic edvcation, is critical lo the slrotegic oversight and educational su¢c8ss of these parlnerships and acquisitions. Alleyn's Schools Group provides 0 5chol(Jrly, volues-driven and enriching educahon which extrends beyond the classroom, shaping not only ou¥ own communfjties but also the widèr world. Like Edword Alleyn himself, we ore creoliv8, pioneering, ond deeply philanthropic, gmbrocing a Spirit ol possibility-boih 05 individuals ond 0$ o colleclive. We gie vèry excitied lo see how Ihis group develops over the years to come. akfield row ALLEYN'S REGENT'S PARK ALLEYN'S HAMPSTEAD ALLEYN'S HAMPSTEA AL¥EYN'S REGENT'5 PARK ALLeYN's OAKFIELD ALLEYN'S SCHQOL

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Our most ièc&nt ISI inspection ot Allèyn's Senior ond Junior Schools ploce in OclobeT 2024, and we were very pleased ol course lo meel all live required standards and lo be recogni5ed for Ihe well_rounded educotion and excellentr postorol 59tling ot both ourJunioT ond Senior Schools. The ISI Rèport includèd the followin9 commenls: -[Al/eyn s]combine5 tradilion wilh innovalion as iieducalespupils lorthe modem world." "Teaching consi51enily umbilious andsets appropno18 chu//eng85 for u// As o rosuli pupils moke 9ood progress Irom theirstortingpoints ondochieve high levels olsuccess in public examinalions." The School has a rich heritage sponning over 400 yeors ond ihe int&grotion of Envlronmeft￿l, Sociol, and Governan¢o IESGI principles is a longslondin9 trodition. Founded os o Charity for poor scholars. the School has alwoys locussed on the benefii of the surrounding community The Environmental dimension of ESG encompasses Alleyn's School's commitment 10 5U51ainable praclic95, Irorn energy onsumption to wosta managomenl. In response to current challenges lor Ihe independenl school sectror, the School community has intensilied efforls to optimi58 resource usage and r8ducè its environmentol footprint. Through inihalives like suslainability ond eco committees ond curriculum inlegrolion, Alleyn's in5ti15 a culture of environmenlal r85ponsibility omong sludents, stofF, Pafenls and alumni. Poge5 34-38 of these finoncial statr8m8nt5 include much morè delail about all our aclions wilh regards lo suslainobility throughout the year, together wilh the School's carbon consumption rneo5urement for the finuncial yeor. We ore so pleased Ihot in line with our suslalnobility strote9y, the School's energy consumpt¢on has follen over 171. during the pastr four yeors. Allèyn's social purpose is multi-dimfrnsionol ond ol the core of the School's charitable aims is fulfilling ils public benelil, in line with our values ond those ol our Founder over 400 year5 ogo. This yeor, our bur50ry progrornme, through which recipient5 receive an overoge meons-tésl8d fundin9 of ovèr 90/0, offered translormolionol opporlunitios to 117 iolènltrd pupils, who would not otherwise be able lo attend Alleyn's wiihout such financial supporl. Despite the cvrrenl challenge5 lor the independent school sector, and the imp051tion of VAT on lees holfwoy through lo51 yeor, the School rernoins firmly commttted lo this bvrsory pro9romme and is now supporting even more lomilies to ensure their child remains at Alleyn's. This remains possible since no lee income is used lo fund bursaries, and instead. we are deeply forlvnate lo benelil Irorr the significant generosity of Ihè Dulwich Estate, the Worshipful Company of Saddlers and many other donors who supporl our bursary funds.

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Ovr community portnèrships work also remains critically important to pupils and staff alike and tokes place olmost doily with children attending mulhpltr structurod activiti&s organised by Ihe Alleyn'5 18orn alongside the sharing ol nvrnerou5 focilities ond pupil voluntreering Ihrovghovl the year. We artr very proud Ihol there hove been over 1,000 Alleyn's senior school pupi15 involved in some form of partnership activtty, with over 1,000 pupils from local mointain8d schools engoged in long-lerm Alleyn'5 p(Jrlfiership oclivities. Alleyn's remoins cornmitt8d to conlinuing *his work alongside our tr0Th51ormalionol bursory progromme,- because we see boih these commilmenls: bursorie5 and partnership work os the Twenty-Firsl Century orhcvlotion of Edwaid Alleyn's Sevent8entrh Ctrnlury mission. Our Gov8mors ocl os boih Trustees lol a charity) ond Dir8Ctors lol o company) and are cognisont of ih¢ir responsibililies and the requiTern8ntr5 under both Charity and Companies Law. They are volunteers who dedicate significant omounls of time in fullilling their duties ond 0150 undertoke individual responsibilities 10 oversee specific areas ol focus, such os safeguarding, heolth and salety and EDI. We ore so incredibly gratelul For their dedicoled 58rvicé ond their time given so freely, and the School is parhcularly lorlunate to hov8 bénefitted from their depih of expertise dvfing o yèor with such signilicoThl slralegic developments, as well as chullenges p05ed from Ih8 inlroduchon ol VAT lal short nolicel on f8e5 fvorn Januory 2025, the higher notional insurance costs lor employers and the10$5 of businèss rates relief for independ8nl schools. The strength of our GovernoTS' leodership, commitment ond integrity hos been obsolulely pivotal during this time, and we orts deeply grolelul. As we are lo the enihvsia5hc ond committed parent 0550cialions who provide such indefaligoble support to the School and the wider community loo. A$ Ihis report draws lo a close, il is importanl lo express ovr deepest gralitude to ovr retired Choir of Govemors, Laura Molkin. Loura has been the mosl resourceful, encouroging, inspiring and 5UPPOrtive Chair thol ony school could wish For and we have benelitted Irorn her wisdom, her grace, and her unluiling ond unlaltering, clear-sighied beliel in th8 A118yfi s School mission over the last ten yeor5. Our debt to Loura ond lo her family is irnrn80suioble. It also Feels Fitting Ihat our first ever femole Chair has 18d us to 2025 as Alleyn's begin5 It5 celebrations of 50 yeor5 OF o co-edueohonal Alleyn's and oll the gills and women who carne here and helped shape the community we know ond love todoy. Our co-education jovin&y bè9an in September 1975, whèn the First girls joined the Lower Sixth (Year 121, opening a bold new chap18r. Just o yeor loter, in Septernber 1976, we welcomed our lirsl mixed inloke into the Fir5tr Year (Year 71. Thal same year, the S8cr8lary ol Stote for Education onnounced the obolition of Direcl Grant Siatus from August 1976, prompting our Iransformotion inlo the independent, co-educational day school we rernoin today.

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 And as we celebrol$ 50 years of Co- gdvcotion, il is wonderful to onnounce (hot off the pre5sII that Alleyn's has won the Co-educational indep&ndent school of the year ol the Independent School Awards 2025. Co-educationol Independent School of Ihe Year 2025 Whot a joyful and celebralory woy lo stort ou¥ 50 onnivgrsory year and lo end these opening comments. Mr Chris iunou Chair of Governor5 Mrs Jane Lunnon Head

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 ANNUAL REPORT OF THE GOVERNORS In 1605, Edword Alleyn, a well.known Elizabethon odor, set oboul creoting his greol choritabl Fotjndotion.. 'Alleyn's College ol God's Gi￿, which was to con51sI ol 12 poor scholars - six poor breihren and six poor sister5. Let*eTS Patent li.e. a 9ront from the monarch or governmenil lo recogrslse the Foundation were given by Kin9 Jomes l on 21 June 1619 and 5ign8d on 13 Septernb8r 1619. As port ol a re- orgoni50tion in 1882, a 'n$w' Alleyn's School wos born. It rnoved to its present sile on Townley Road, Dulwich, in 1887 ond became fully co-educotional in 1970 lone ol the first schools ol its kind lo do sol. The Boord of Governors presents its Annuol Report for the year trnded 31 July 2025, together with the audited linonciol stolemenls lor thè year, and conlirms these comply wilh Ihe requirements ol the Componies Acl, Chorities Act and Charilies SORP IFRS1021. This reporl ihcludes the directors, report and slrotegic reporl required by eompany low, ond Ihe Trustees, Annval R6POrt required under charity law. CHARITABLE OBJECT, VISION, AIMS, ACTIVITY AND PUBLIC BENEFIT ol Choriloble Object The Charitable Object of Alleyn's School is to conducl, in Dulwich, a day school lor boys ond girls in which is provided o proclicol, liberal and religious edvcation, including a Senior School and Junior School5. bl Vision Stolernenl and values Our vision slotement and values hove been updoled to r•llecl the wider Alleyn's Schools Group. We oim to... Prornole respect. wellbeing ond diversity in curing communities whera èvery individual corb flourish,. o Develop curiosity, wonder, creotivity and a love of leurnir%9,' InspiTe ambition and inte11ectuol rigour through 8xcellenl leaching ond learning,. o Cultivote discovery ond opportunity through an ou151onding co-curricvlum,. Foster awaroness, leadership and connections Ihrough partnership and en18rprise; Cherish the wide Alleyn's family acr0$5 the Alleyn's Schoo15 Group ond honovr our historic commilrnentr lo Edward Alleyn'5 charilable loundolion ol God's Gift. A slrong and clear vision thot hos the support of the wider community is critical to providing shored ond ogr8ad goals which drivé development and underpin the broader ethos common to both Alleyn's Junior Schools and Alleyn's Senior School in our shared educahonol enterprise. We $um up these airn5 and our overoll mission in one simp18 phrase which expresse$ our commitrnenl lo the potential and io16nl of every one of our pupi15 and ol our entire in5tituhon: "All we can be". The volues ol Ihè School are embedded into the doily life ond culture ol the school, lor both sloff ond pupils. Thè School community has been reflectin9 and aFFirrned its volues as RESPECT, OPPORTUNITY, CURIOSITY, COURAGE AND KINDNESS,. we show respeci for ourselves, oih6rs ond Ihe world oround U5,. we tnake the mosl of opporlunities ond ollow others lo do the 5am6,' we show curiosity ond inleresl in ocademic learning and in the wgrld ond ils people,. w8 demonslrale couroge in our endeovours, and in standing up for others, right lo flourish,. ond wè show kindne$5 Qt oll timas.

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 cl Aims Alleyn's is one of the country's leoding co-educational doy schools, commilt6d to a¢hieving excellence w¢ihin an èthos of Strong p051oral core and an exciting ond voried co-curriculvm. Our holistic approach k) educalion aims Its nurtUf8 8V8ry pupil and lo enabl& them to lulfil their potentiol while moking lastin9 Friendship5 ond enjoying lile to thè full. All8yn's oim5 to recruil engaging, curiou$ ond )￿diOuS pupils ond ensuring a div8r5e and bolanced inlake across the Alleyn'5 Schools Group. We believ& thot leornin9 trogether in 0 5upporlive environmènt providos the best fromework for children and yo¢Jng people lo excel csl school, lo discover new ideas, skills and enthusiosms and io plepore lor university and ihe world of work and liFe in generol. Link5 Wlth locol und overseas schools, universiliès ond charitie5 plovide fvrthar opportunili85 for ovr pupils and staff to enrich thqllgarning in difFefenl conlexls and lo make ew Friends. A116yn's is where over 400 years of heritag&, trodition oftd re50urcefulThe5s meel the liberal, excitin9 energy of 50uiheasl London. Wè arè dynomic, enlerprisingl creative and full of fvn- one ol the country's leading co- 8ducationol independent doy schools with o history of ou151onding ocademic and co-¢urriculor 5UCC855. Alleyn's is o school ot 905e with itself, there is space for young people to be whoever they wanl lo be, tts try new things ond lo discover who they are in a highly 5UPPOrtive, generou5 and Friendly community built on mutvol trust ond respect. Ovi aims includè 518warding the charity's Financial and hvmon r¢source5, to ensure the enduring delivery OF its aims and lo enable imoginatlV8 Site ond brand developmenl, ond expondin9 inlornohonolly and in the UK, 10 8Xt&nd the charity'5 educational reoch and itnpacl. We offer a range ol m&ons-le51ed bursaries lo support boys ond girls mosl oble lo benelil from an Alleyn's educotion, irrespeclive ol linonciol meon5. Our aims also ensure thal there is o strong culture ol fundraising lo enhance bursary provision, to support the educolional vision ond to increosè the charity's irnpoct. Our pupils18ave Alleyn's with excellenl exominotion rèsult5, ploce5 al some of Ihe Wofld's trop unsv$r5ili8s and specialist centr6s of higher $ducalion, and also with o sense of quiet conlidence, mutuol respect and social responsibility. We OT6 deeply proud ol each and every one of them. dl Principal Activity The School's principal activity during the year has beers the educolion ol pupils,. this includ85 providir¢g the c)pportvnity lo ottend the School For pupils whose Family circurnstonces mean Ihey would not otherwisé be able lo amend, by pioviding them with meons.tes￿d bursaries. In addition lo muintoining high acodemic stondards as its core aclivity, the School provide5 a wide fonge ol sport¢n9, musical, dramalic and other co- curricular pursuit5. The School seeks fo atlrort pupi15 Irorn diverse backgrounds and ensure5 il remain5 CO- educalionol, 05 well u5 Striving to maintain and develop good relotion5hip5 with the locol community. el Public Benefit The S¢hool rernoin5 deeply comrnittred lo the oirn of providing public benefil. The Governors conlirrn thal they hove complied wilh Ihe duty in sechon 17 01 the Charities Act 201 I to have dv8 regard lo the public beneh'i guidonce publishgd by Ihe Charity Commission in determining the activilie5 vnderlaken by the charily.

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 In furtherance of ils Choritoble Object, and lorihe publi¢ banelii, the School hos estoblished and odrninis18rs means-lested bursories and acts os the Trustéè ond manager of propgty, endowments ond gifts given in pvr5UIt of the Object. The School is committed to oHering places lo acodernically gifted condidol85, irrespechve of their linonciol means and rneafiS-les￿d bursaries enable these condidales lo come lo the School. Means-tested Bursaries Our ambilion is lo be he Schoolihatonytslenledchildcan come to, regardless oltheir lamily's ability lo payihe lee5. In 2024-25, the School hos the highèst ever number of pupils, l 17, funded by mean$-Ies￿d bursaries 12023-24: 11 I l in the School's history. £3.1 m 117 bursary Fundin9 supplied by Alleyn's in 2024-25 Pupils receiving mean5 tested financiol suppori for on avero9e of 90°/o of fees 90 /.+ 82 Average meons-le51ed funding of Sees for pupils receivin9 bvrsories Pupi15 ollend Alleyn's on fully funded ploces. poying no fees In oddition, there ore olso o number ol hardship maans-tesled bursarie5 oword8d each yeor lo provide financial 0$5istrafice to families within our community, lo ensure Ihal their child remains atr Alleyn's. The nutnbèr ol hardship bursaries hos increased 5ignilicantly during the yeor with more families seeking rn8ons-

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 lesled linancial ossislanco Following Ihe Govemmenys legislalive changes to char98 VAT on independent school Fees. Alleyn's offers meons-tè$t8d bursuries during ils admissions process each ygor, to ihose pupi15 joining in Yeor5 7 and 12. The Financial mèons 0$sè55ment 15 rigoTOU5, and Families are required to providè detoiled linoncial inlormalion, which is reviewed during the admi$sion5 proc853. Alleyn'5 15 also educating a number ol pupils who have rècently lled Ukraine. Over 60Yo of Ihe bursaries owaided by the School Pfovide o lully hjnded place ond 98% of the bvr50rie5 prgvidg Funding over 75%.. either o full bursory or o combinolion of a bursary and o scholorship, with the average m&ans-lesl$d Funding being over 90%. Where the School oFFers fvlly knnded ploce5, il p¥oYides additional finaneiol os5151ante,' thi5 moy iaclude linonciol help with uniform, travel, school mea15, knnding for IT devices, educalionol school irips and oih&i incidentol expensès lo support Ihe education of bursary recipients. No fee incomo is used to hjnd bursaries, and the School rewain5 indeb￿d to The Dulwich Eslale for ils annual income dislfibulion, which thi5 yeor contributed lowards 92 means-lested bur50rie5, many ol which ore tully Funded. These bursories moke o real diffèrence lo individual lives. The annual income dislribution raceived from The Dvlwich E51ale is spent onlyon meons.Ies￿d linoncial support. The School 0150 remoins very gratrelul to the Worshiplul Company ol Saddlers lor their generous 5UPPOrt. L05t year, the School has celebruted 50 years ol its partnership with Ihern. Their finonciol support originally funded scholarships, known os Soddlers, Scholarships, ond in more recentyeor5, 115 SUPPOrt has contributed the funding ol meuns.te5￿d Liursories lonlyl eoch yeor. The graph below demon5tro*es how the School h05 increased 115 means.lesled fiThanciol support lo pupils over ihe years ond thi5 meons-testred support has incr&osèd ￿ £3.1 m12023-24- £2.8ml. The increase in 2024-25 is portly due to odditional hardship bur50ries provided during the year to exi51ing Alleyn's Families. Meons-tesled financial fees support and scholarship spend £3,500,000 £3.000,000 £2.$00.000 £2.000,(K)D £1.500,IMX) £1.000.￿0 £SOD.OQO £0 2015-16 201&17 2017-18 2018-19 2019-20 .2020-21 2021-22 2022-23 2023-24 2024-25 Means tested financial support 5¢holarships spend

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Restric￿d bsJrsary support includes the W J Smith Trust which was sel up by John 'Jack' Lonchbery, an olumnus ol Ihe School (Roper's 19421, in mernory of his teacher. It accumulotès royolties and inyeslment income each year lo provide bursorie5 ond exhibilioTh awards. There ore currently len W J Smith bursary recipients al Alleyn's. We remain $0 very gratsful lo other donors who have funded bursori8s, including a bursory funded by EY in rn8rn0ry ol Alan Wein, a lorffler parlner ol EY ond on alumnus of Ihe School IDutton'5 19711 ond the donors of various re5lf1c￿d funds such as the Con$lonce Fund. Donation5 Of £501 k were received durLf19 the financial year, ol which £247k wos for bursaries and the remoining donations funded All Studtos and oth8r purposes,. we remain incrgdibly very gralelul For th858 donations. As our bursory pupils prepore lo leave the School towards the end ol Y$or 13, we seek their leedbock on their time at Alleyn's ond it 15 pleasing to note that they hove enjoyed their educolion ond hove ￿ken odyantage of the many opportunihes avoiloble to them boih in the classroom, ond in the rich and varied co- curricular progromme, including educotional visits. All donalions lowords bursaries ore occounled for ond invested separately within separote Charl￿ble lunds, including the Advoncing Alleyn's Bvrsartes Fund and ihe Founder's Bursory Fund. We were also deeply grot8ful lo individual lomilie5 ond to our Alleyn's Purent5' Association who have all so generously donated towards the 5chool'5 bursaries. In oddihon lo the provision of meons-lesled bursaries, the School has engaged in many other initiahves which provide benefits to the public. These octivities include our extensive portnerships work, sharing of Iho School'5 Facilities and the pupi15 and stoff porticipalion in volunteering and outreach progrommès. These projects are overseen by Ihe As$islani Head Ico-currieular and Parlnershipsl, the Director ol Porlnerships ond the Co-commercial Direclor. Portnerships An Alleyn's portnership is on ongoing suslainable relt71ionship olignedaroundu common vision. combining resources wilh iargeteJandmeasurob/e benefits for boih parti8s. Alleyn's continues to deepen its focu5 on portnerships and from Seplember 2024, it formed part ol Alleyn's pupi15' Formal learning, i.e. wiihin Ihtr curriculum, eoch week. Thi5 work aims lo engoge stotF and pupils, increase Ihe breadth ol locol and global partnerships, support our communiti85 tro aid sociol mobility ond open access tro the School, and See our pupils become eoger to contribute lo brooder society whilst ol school and in iheir live5 beyond il. During 2024_25, there were nearly 4,500 hours ol portner5hip hours, involving over 1,000 Alleyn's pupil5. The Alleyn's Partnership progTamme-A118yn s Togefyier- grow5 on bock of Ouf beliel Ihol portntrrships, in thèii voried Forms, bring gr801 volue tro the school community in the Form ol new perspectives and relationships ond allow us lo use whot we have been given,. our hurnon, linoncial, and physical resoure8s 10 shore opportunities Wlth Ih05e (3Tound us. In doin9 so we aid sociol mobility ond open up access lo Alleyn's. As our pupils and straFF colluborotÈ with others in lorgeted ond enriching projecls, the rnutual benefits are consideroble.

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Alleyn's Together Our Portnerships progromma We ore luc.ky 10 hove loimed many lon9-leirn partnersh￿p$ ocioss Ouf whole comrnunity and Ihe3e hove gwen 115e 10 5vbslonliol and voried opporiunilie5 10 bling benefil lo hvndieds ol childTen When we woik logeihor ovei Ihe long leim Kve con See benefils lo our own organisalions ond lo individuol childien. Foi 5chool>. long leirn porlneiships con be me05uied lo make Sure They 010 irnpocilyl ond Ihol Ihey meei Ihe needs ol Ihe school Siudenis hove Ihe lime ond oppoilunity 10 bvild Irusl os well 0$ develop in-depih unde151anding and conftdence over the course ol mony month5. 43 Educalionol Porlnerships All•yn's fog•th•r is mod• up of

Ouf parTner3hips with Secondary ond Piimory ond Globol pvpil pailnerships Alleyn s Acodemy Our Communily and Choiiloble poilnerships 1015 Alleyn'5 pupi15 involved in A118yn's Togethgr por*n¢rship projects 1050+ Pupi15 from parlner scknolj inyolved ucross oll purlri•iship projec¢$. l. Alleyn's Academies - staff led 51udent supported aclivilies . One of mosl popular portnership oclivilies is the Alleyn's Academy which runs each Tuesday evening 0￿r School ond hos expanded over the years 10 snclud8 Sporls, History, Digilol, Science ond Music Academie5, Over 250 pupils frorn local primary schools ond 50 pupils From mony local secondary schools oltended thè All8yn'5 Acodemies, with Alleyn's senior school pupils ond 14 slaff volunteering loo.

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JUIY 2025 This year Saw the lounch of th8 Gold CREST Science programme, o Iremendou5 Opportunity lor Year 12 5tvdenls lo engage with r8al scientific reseorch. Students from Alleyn5 ond 7 other schools worked closely together under tha supervision and supporl of Alleyn's stolF ond exlernal mentor5. Feedback from children lond their parents) participotin9 both from locol schools and Alleyn's is obtrainod each year. In our research. pupi15 Ireqvènrfy referred lo hoving improved Iheir skill tn sports and leli empower¥d io help other5 in Ihe fulure. Pupil feedback "I've gainedyery valuable skills from thi5 club, such os Iogicalihinking, ondcoding. This has als09iYen me t7n 8xcellenlopportunityk> make hends p80pI8 from oiherschools ondoiheryeorgroups.. 'They hove support8dmo ts do even better andencouragedme Roprutlice more." Parents. feedbotk "We Irulyoppreciats this experience hrmy50n. He loves ho￿0110nd115 an omozing opportunity br him toplay andlearn something new." "Seeing my doughter s conFid6nce grow, perkrming in front olparents. Sh8 loves wnging and thi5 hos helpedherlearn mor6 aboulsinging. Alleyn's students hove a150 commented on their improved ability to communicole ideas and their incraosed ability lo teoch sport 0$ a result ol involvement in the progromme.

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 2. Alleyn's Connects - studenl colloborolion Primory sehool$' Collaboration Our Year 12 Monday Partner5hip5 programme continues to thrive, with 150 Sixth Former5 engaging weekly with local primary school $lud¢nt5 and community projeds. They tovght o wide fonge of Subjects including Art. Dance, Drama, Sci6nce, ond for Ihe First time, Garage Band. In total, more thon 250 piirnory pupils benefitted from Ihis weekly support. All8yn'5 51udentrs developed lesson plans, prepared rèsources, and reflected weekly on their progress, thereby honing their cornrnunicotion, empathy. ond orgonisotional skills. Other lon9-lerm initiotiYe5 0150 Flourished. Saturday Maths. now in its 25th yeor, support&d 50 pupi15 from 13 different schools. 45 All8yn'5 Yeor I I volunleers svpported children, building ralotionships OF Irv51 and encouragement. Activities Week wèlcomed 300 children lo Alleyn'5 campus lor on immersive week ol ort, music, sport, droma, and science. Sgcondary Schools, colloboralion Alleyn's plays o cenlral rolè in thg Southwork Schools Learning Parlnership ISSLPI, o cross-sèctor olloboration ol mainlained and independent Schools. This yeor Alleyn's co-hosted a cross-school Arliliciol Inlelligence Conlerence where 150 pupils fvom more than len schools pr958nled pwojecls exploring ethic5, opplicalions, and risks ol Al. The SSLP 0150 convened subjecl hubs in Science, MFI Film, Art, 8iology, ond Librorie5, allowing teochers lo share experhsè and rgsources that directly benelil classroom praclice across Southwork. We 0150 Strengthened bilateral partnerships. Trinity Acodemy Brixlon pupils collaboruled with Alleyn's hislorions on o project obout the history ol Brixlon Hill. Stjoseph's Beuloh Hill pupils joined Alleyn s debating events ond our Digilol Acodemy. These experiences allow young people from very different contexls tro leorn tog8ther. 20

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 .ALLEYNI At the MUN National conference we welcomed 150 sludgnts from 12 schools - 30 from local stale schoo15 including Kingsdolo Foundation School, London Nautical School and Trinity Acodemy Brixlon. London Noutical School ond Trinity Academy Brixton were funded due to the high proportion of pupil premium students in their cohorts. OOEÈ uNifED IIONS London Acodamy of Excellencè Tottenham ILAETI We moinlain our relationship with LAET with the Heod continuing to oct as Governor. In October we welcomed staff from LAET Chernistry, Psychology and Polihcs departments who spent a day observing lessons and meeting with leaehing staff lo discuss vorious deparlmenlal fflallèrs. We have continued to offer support with UCAS, Medical & Oxbridge application proc85sos, specific 5UPPOrt for iheir Psychology deportment and we have continued to part-fvnd th8 'Upleorn' economics support plarform used by LAET students. Globol Partnerships Alleyn'5 rnaintained and expond8d its internalionol link5 over the year. In South Africa. we conlinued to 5UPPOrt Sparrow Schoo15 Ihiough hJndrai5ing ond exchanges. In Sierra loone, Methodist Girls, High School benelitted Irom iPod donations ond joint podcast project5. Fourteen Ukroinian students from Kyiv were welcomed through ihe UKUAT initiotive For respile ond English enrichment, with locol lornilies generously hoshng thern. They Spoke movingly about th8ir 6xperience5 in the war ogoinst Russia and took part in debote5 as partr ol their educotion ot Alleyn's. 4ER 21

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Ai the MUN IntÈrnationol conference 130 51udenls were welcomed from a total of 9 schools including the English Intrernalional School, Boghdod & Institut St Dorninique in Pou. The conlerence began with a wonderful OP8ning ceremony and an inspiring opening speech by Sieve Crawshow and irnpres5ive studenl-crealed trailer. n's Inlernati 025 del_uniled Proceeds from delegate fe85 and o generou5 donolion From the APA enabled two local Schools tro attend this 3-doy event which included o diplomatic dinner. The Alleyn's Inlernalional Model United Nolions IAIMUNI weekend wa5 a huge success. Portly 0$ o r95uIt of this oclivity, Alleyn's has been designoled o S¢hool$ Partnership Alliance ISPAI Chompion School. The SPA is committed io researching, enabling and promoting meoninglul pcrlnerships belwe8n different schools ocr05S the 51ole ond independent seclors for the benefit ol childran Ihroughoul the nalional education systern. School Partner5hip5 Alliance 3. Alleyn's oui there - volunteering and charity Volvntegring remains a cornerstone of pupil experience. Morè thon l 00 5tudent5 in Years 9-13 dedicated lime lo communily projects such 05 Elms Care Home, AlbrIgh￿n Commtsnity Fridg9, Horris East Dulwich, and numerous primary schools. Thase plocernents encourage empathy and responsibility while providing much.volued 5UPPOrt locally. Ovr Yeor 12 Monday Partnerships programme continu85 to Ihrive, with 150 Sixih Formers engaging weekly with local primary school students and community projects. They taught a wide ronge ol subjec15 including Art, Dance, Dromo, Science, ond lor the lir51 lime, Garage ond. In tolal, mor8 thon 250 primary pupils benefitted from this weekly support. Alleyn's students developed lesson plans, prepared resourcas, ond reflgded weekly on their progre￿, thereby honing thèir commullication, empoihy, ond organisationol skills. 22

ALIEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 On 9 October 2024, our pupils joined othleles, cooches, ond environmenlol odvocale5 at Hockney Morshe5 to lake parl in the nohonol Save Our Grassroo15 compaign. Led by th$ climote nrganisotion Re-wriling Earth, the campoign aims to raise owarcncss ol the growing threat ol clirnat8 chonge to gr05srools sports and green spaces, while advocoling for action lo prole¢l them. This project h05 drawn participation From rèlired and current professional oihletes, including members ol the Englond women's football team. Pupils from both th$ Junior and Senior Sehools gaihered ol Hockney Marshes tro roise their voices, play some 10gtboll, and celebrolg Ihè spirit ol community that sport loslers. Through matches, inlerviews. ond personal stories, they mode il clear thot soving green spaces isn't just oboL4t sport iys oboul rnenlal healih, inclusion, ond preserving o better Future for all. Eight leorns made il lo IheiT finol boolcamp in the LSE Generot9 Schoo15 progrommèl Yaar 12s ore developing minimum value product5 (MVPS) and pitches lor demo day, including an eco-producl lo makg London greener ond o politicol education course for young people. Alleyn's hosted the second Intenolional Womens, Day Youth Fe51ival, o Girls United event, welcoming over 230 giAs for o day of looiboll. With Ploy Like a Girfsessions, grassroots clubs, ond amazin9 support from London Fooiball, itwos a fanlaslic celebration ol Ihe gome and Ihe power ol cornmvnity- 23

ALLEYN'S SCHOOI REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Sixth Fom shJdgnt5 Irom acfOSS Sovthwark joined us lor the annual SSLP Inlerschool Scionce Quiz. Teams battled it out to display their scientrilic knowledge, ond Alleyn'5 monaged to recloim the trophy after a five year hiatus. Charitobla oclivity ha5 0150 Ilourished. The Charity Commill$e, Junior School and Senior School Housas have roised funds totolling £35k for mony different charilies including Shelter, Sporrow Schools, Living Str88t5, Macmillan Cancer Support ond Childr8n in Need. A whole-school charity walk contributed over 3,000 ilerns lo the Lombeth Souih & Croydon Foodbonk. Pupils nol only raised funds bul also dgepened their understanding ol the sociol challenges many families loce. Norwood & Brixton foodb Shoring Facilities The School was involY&d in 43 proj8cts supported through the sharing of Free or reducod_cost Focililies, b&n8&itin9 over 5,000 people, mainly children, acr055 over 1,000 hours ol use. Alleyn's provides inlensivo 5wirn lessons fol many children from five local primory 5chool5. The School remoins cornrnilted to sharing ils wonderful facilitiés with rnony dTrfferent comrnunity groups with o particular focus on supporting educolional aclivilie5, including sports ond creatives, for locol children. Access to our lacililies was provided to 30 diff8rgnt local schools, commvnity sports clubs and chorities durin9 the financiol year. Many facilities across Ihe School org ohen used foT chorilable purposes, such 0$ providing focililie5 for local ehorit195 ond cornmunity orgonisations. Commvnity group5 made use of more than o dozen spaces oc1055 the estole. Tha 5wirnming pool, Theatre, Music School werè heavily used, olongside the Aslro, Top Field, Povilion, MUGA, J¢Jniof School Hall, Greot Holl, Sixth Form Cenlre ond 8urboge Rood grounds, demon51rating both the scale of engogemenl ond th8 School's Flexibility in svpporling diFFerent needs. Remaining committed to the commvnity, we continue to share our locilitiés ond 51(7tF e¥pert15e lo support a wide ron9e ol oclivilies. From weekly swimming lessons and school performances to laf9è public èvènt5, this progromme rellect5 Qur ongoin9 role within boih ihe local and widgr community. 24

AIIEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 These include.. Providing Space for PE Lessons, 5POrts use ond Forest School loornlng - Two local primary schools use Ih8 Fields at Alleyn's each week to deliver PE lesson5 and Forasi School activities lo their pupi15, together wiih other schools using ovr sitè for fOO￿all matches ond other sporting activities. School Sports Days-seven local primary school$ ware able lo hold ihglf sports days in July. Theutro Hiro - Five local primory schools were abl$ to us& lh& School's thgotre ogoin in July lor their end of year performances ond received support from the Alleyn'5 lechnical staff to ensure the best experience for their pupil5. Swimming Pool _ Our team ol swimming leochers ond lifegutsrds delivered o18orn-to-swim PTograTnme lo enable live primary schools to meel requirern8nls under Ihe notional curriculvm, and crucitslly teach hundreds of children lo swirn, as well as oFFering community swimming OPPOrtunitios. For mony children this was their lirsi èxperience of o pool, ond partner schools have described the sessions g5 "tronsformalive" During Moy hulf lerm, 60 children took port in free swimming sessions run by Alleyn'5 swimming teachers. The School ha5 also expanded occess to the swimming pool to Ihe local community, which has proved Very populor. Community, cultural und social events- our 5poces hosted a variety ol events Ihol brought pèople together oround shared interests and values. Highlights included.. A Women in Politics tolk, otlended by 350 people, which raised money for King's College Hospilal's Ronold McDonald House projed. concert with Rumer and Rob Shirakbori, in partn8r5hip wilh Dulwich Village Inlanl School, raising money lor Ih8ir music provision. It included 25 01 our students performing lo a pocked house, Jhowcasing their lalcnts by playing various inslrumenls ond singing backing vocols. A Girls United nèlworking eventr ond an Internolional Women s Day sports tournomant. Throughout the year, we continugd to support local charities ond community orgonisations such os Girls United FA, The Dulwich Youih Orcheslro, King's College Hospital, the FA Women's portnership and The Woodcroft Folk Youth Group. Commvnity Football Our portnership with Girls United FA ha5 led to the creolion ol a hub For female football ond has helped to fuel Ihe gr0￿h ond populorily ol ihe sport among gir15 loeolly. Since the partnership begon in 2019, Girls Unitéd FA and Alleyn's have shared 200 hours of oclivity as well as 83 troining se$5ions and lixture5. 25

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 11. HISTORY, STRUCTURE, GOVERNANCE, MANAGEMENT AND POLICIES al Hislory and Group Structure Our roots con be Iraced back to Edword Alleyn's College ol God's Gift, lounded In Dvlwich in 1619. The School moved to itrs own 30-ocre Sile on Townley Rood in 1887 and wos one of the lirsl 5v¢h schools to go fvlly co-educolional in 1976. The Dulwich Eslolè wos reorgonised by a number of Charity Commission schemes in 1995 and the School become an independent ttnincorpora18d choriloble ITUSI Iregistralion nurnber 1057971 l. In 2017, the Governors re501ved lo Iransfer the operolion of the School lo o new charitoble compony limited by guarontee, which Ihey established lor this purpose Iregislrolion nurnk>&r 11618641. Tho compony took the name "Alleyn's School. ond the charitable Iru51's name is the Edword Alleyn Trust. The company is Iho corporote Iru5tee ol Ihe Edward Alleyn Trust which, as r8qvired by chority low, conhnue5 to hold the School's permanenl endowrnent following the tronsler of the operohon lo the company. The Edword Aileyn Trust is governed by a Choiity Commi$5ion Sch8mg doted 29 Morch 2017. In oddihon to being truslee of the Edword Alleyn Trvsl, by o Charity Commission Order dated 29 March 2017, the compony is also the corporate truslee of Alleyn's School Developmenl Trusl, All&yn's School Awards Fund ond the WJ. Smith Trust. All four chorities ore subjecl to a unitin9 dir8ct50n and do not have lo prepare separate financial stalem&nts. Alleyn's School hos Iwo wholly owned subsidiories.. Alleyn's School Enl8rpri5es Limited IASELI, which is on octive trading compony and more informotion on ASEL is provided Irom pag8 38 of Ih85e Financial Stalernentrs. Alleyn's School Internalionol Limit6d IASILI, which h05 been dormanl during the yeor. bl Governance The School hos a governing body, which con5151s ol no less Ihan ten and no more than 15 Governors, governed in accordonce with ils Arlicles. Thg full Boofd ol Governors meets al leasl three limes o yèor, os well os at lèa51 one day which locuses on the School's ov&roll strul09y. A nusnber of committrees meat on a r9gulor basis tro coTrsider the key strategic ospÈctrs of Ihe School'5 operotions: The Finance and General Pyrp05es Committee of the 8oord meets ai1è05t four trme5 a yeor ond deols with linonciol, human and other rè50urc05 maltrers. 115 term5 01 reference include lioisin9 with ond receiving reports From the exlernol auditors. In oddilton to thg Finonce ond General Purposes Committee, there are also sub.committ6es which meet regularly throughout Ihe yeor wh¥ch Focu5 on the School's capilal projects, the School's investments ond sloff remuneration. The Educalion Committee meets at leasl three lime5 o year and oversees the educalionol and acadernic work of rf)e School. The Risk and Complioncts Comtniltree 15 a new comrnillee lor this year and providas ovèrsi9ht for motter5 of risk and complionce al the School, meeting ihiee lsme5 0 yeor. The Sirolegy Committ&8 mgets ol leosl ￿lce a year lo locus on strotegic ond govrnonce issues, and in porticulor hos approved the School's ovèrtsll 51ralegic oim5, Iheir timeline and financial busines5 plon. 26

ALtEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 The Nomination5 Committee meets al leost onco a year lo considér the composilion of thè Governing Boord and appointments. Since the year end, o Junior Schools Governors Committee has bèèn established. Theie are olso other working groups that meet as oppropriole, and these may hove Governor ottendance such os the Health & Safety Committee. The membership of thèse Committees 15 5$t out on poge 2. Policie5, os delermined by Iho Governors. are implam6nted by Ihe Heod, who is as51Sted by ihe Senior Executive Group (which comprises of the Heod, Junior School Head, Four Deputy Heod5 ond Ihe COO and CFO), ond o lorger Senior leadership Teom. The Head tsnd members of the Senior Execulive Group attend oll relevant meelin95 Qf th6 Governing Body's Committees. Remunerolion ol all sloff, including key manogemeThl personnél las disclosed in ntstè 6 of Ihe linonciol statemen151, 1$ Set by the Governing Board, with tha objective ol provtding appropfiale incentives lo encouroge enhonced perfofmance and ol rewording, fairly ond responsibly, individual conlributions lo the School's success. The appropriotgnass and relevonce of the femuneration policy ore reviewed onnually, includin9 reference lo published benchrnorking comparisons with other independent schools to ensure that the School remoin$ sènsitive to the broodar issues of poy ond employmenl condilions elsewhere. The School aims to recrvit, subject to experiencé, in such u woy Q5 to provide scope lor rèwarding excellence. Delivery ol the School's chariloble vision and purpose is primarily dependent on its key monagefflent personnel, ond as such staff costs ore the largesl single element of its chariloble 8xpendilure, ond staff remain the mosl eritical in delivering Ihe School's oulstonding education ofFer. The School has been con5ulling with S￿Ff on ils All P8opl6 Strategy lo ensure Alleyn's remoins an employer of choice, a 9reol place to work ond Ihal 51aFF org abl& to enjoy Iheir work and develop their coweers oi Alleyn'5. cl Recrvitrnent and Troining of Governors Governors or8 appoinled by Ihe Board in accordonce with the Company's Articles of Associolion. Thè normol lerm ol oFFice is Four yeors. After servin9 Iwo consecutive term5, 0 Governor 15 only 81igtble for re- èlection ofter a year hos elapsed since he or she retired os a Governor unles5 the Boord considers it would be in the interesls ol Ihe School for him or her to continue For a Further period. No fee or oiher remuneration is payable lo Governors, oiher thon reimbursement, il clairned, ol reasonable costs incurred in atlending meetings. In oppoinling new Governors, Ihe Nominations Committee review$ th& skills and gxpeiiènce available omong serving Governors. porticulorly with regord to èducalionol. finoncbol, legol, choriloble and commercial skills. Hoving idgntilied the skills and experience reqvired, th$ Nominalions Comrnitt8e discusses 5Ultobly qualified candidales and then recommends the m051 suitoble to the lull Boord lor consideration and inlerview. The Board seek5 lo ochieve diversity wiihin the composition of its Governing Boord, ond this includes former pupils, porents and forrner parents. All new Governors spend al leost one induction Session ot the School which includes a lour ond rn88tings with Senior monogernent. They are encouroged to ottend external troining sessions on gov8rnonce and are given brieling rnoterial on the dutie5 of o Governor 05 Iru5t66, and on the School ond its operotion5. New Govgrnors on the Finance ond General Purposés Committee ore briefed on the finoncial position of the School by the Choir of the Committ98. The School has token out trustee indernnily insufonce. 27

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 dl Objective5 For Ihe Yeor The Governors, objecliv95 For Ihe year under review were lo ensur$ pvpils Flourish 05 part of our commitment 10 50feguording and wellare,. to rnorntoin and improve academic slondafds,. to be oble to Fund future developm•nt5 ond ensure proper reward lor afflployees, while al the same lime holding lees 05 low 0$ possible,. lo maintoin and increase the commitment to bursory Funding ond other 05pecls ol public benelil; to maintain and slrengthen lotal, comrnunity and international links, and in Ihe light ol oll the obove, lo run the ¢hority in o business-like ond commercially viable monner. The School hos a strategic plan with 5trrolegic aims across five differenl pillar5,' the detrailed plons ore updated onnuolly ond reviewed by Ihe Governors re9ularly. All objeclivès ar$ pursued in accordance with Ihe School's vision statements and in line with the School'5 volues. el Grant Moking Policy Alleyn's aims lo provide cts-8ducolionol excellence for ages 4 to 18, offiing a fTrr5t-cla$5 holistic education to those ol high intellectual promise and academic ond/or co-curriculaf polentiol regardlgss of backgiound, roce or belief. The Senior School aims lo off8r place5 to those rnosl able tro benefii From an Alleyn'5 education, irrespective of finonciol means. It has a long Irodition ol attracting pupils from o wide variety of junior schools. It aims lo achieve °educational excellence through inclusion" by offering m8on5- lesled bvrsaries and scholor5hip5 from I l + Fl Employment Policy The School is on equal opportunilies employer. Full ond lair consideralion is givèn to job opplication5 Irorn disablèd people and due consideration is gIV8n to Ih8ir Iroining and employment needs. Consultation with ernployees, or their repre58ntotive5, hos continued al all levels with tho oim ol ioking their views into account when decisions are made Ihat are likely to offecl their inleresls. ErnployrneDI policie5 are opproved. as appropriote, by the Finonce and Generol Purposes Committeè, ond Governors meel with repre58ntolive5 Irorn the Junior School, Senior School Cornrnon Room and operational 51aFF each yeor. Communicotion with ernployee5 conlinues through normal mon(sgemenl channels in o voriety of forms $uch as slaFF notice1￿ordS, online communicalion resource, 'the Hub., emoils and1gller5, as well 05 meetings to inlorm sloFF of current issues. Employ6s ore rnode oware of a variety ol mallers Ihrough rnvltiple diHerenl communicolion chonne15, ond Ihis includès the strolegic oims for ihe school and the financiol and economic perlormance ol thè School through regular brielings, such os ol the slart of goch term. Employee voice is very importonl ond on annual slalF survey is comple￿d, os well 05 more inforrnol staff surveys obout o voriety ol rnatlers. The findings of the annual survey ore fed back lo slaff in selecl 9rovps of staff, and further locus groups and 'you said, we listened, leedbock is olso provided. During the year, o new consultolive comtnittee, the con5uliolion & Communicolion Group ICCGI, w05 established. This cornrnillee provides a slructured Forum k)r diologue between staff, representing o cross 5eclion of all stafl. ond enables discussion be￿een sloff and 9overnots, with the Link Governor for StaFF atlendin9 50ffie of the rneelings. The primory locus of ihe CCG is lo discuss and address strotegfc Issues offecling the school, tnsuring o colluboralive approach lo decision-making ond105tering o positive school environrnenl. 28

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 The previously eslablished consultolive committèe, Alleyn's School Employe& Consulialivtr Commillee, IASECCI, continues tro meel regularly and this year, ASECC'S lems ol reference hov8 been refreshed lo rellecl its role lo provide a structured and r¢gulor forum For diologua belween all statF, via their representotives, ond members of Senior Leadership Team on opèrational mallefs, which aFFecl slaFF (primarily, bul not exclusiyely, policies, procedure5 ond processes) acT055 the School. Ai Alleyn's, diversity is an inlegral port of our history, culhjre, and vision. Inclusion is the way we Ireal and p&reeive all differences. We wonl to creale on inclu5iv8 culiure where oll form5 01 diversity ore seen as a posiliye lor oll thos8 within our community. During the post few year5, the School has Iocu558d on ensuring il 15 on inclusive employer ond commvnity, and it recruit5 tro ensure ils stolF is diverse ond its community is inclusive. The School tracks key perforrnonce indicotors with regards 51gff diversity and ils diversity has improved y8ar on year. All6yn'$ values diyersity in oll forms, recognisin9 the worth and joy thol comes from celebroting the ochievemgnts ol ihose around us ofid those thai have been pioneers in odvancing the cous8 of others. We a150 reeognise the crucial Yolue thot diversity ol expeTience, Ihoughi and optnion brings lo our community and make every effort through several doliberale iniholive5 and doy-lo-day workings ond operations lo demonstrote this. Ten slaH ore oppoinled EDI Leads lo laod the diFFerenl aspects of divèrsity. They have met sèveral times durin8 the year to lead on Ihe mtsny ospects and inter5edionolity of diversity arbd or8 Qlso working c1059ly with the diFFerent pupil groups, such a5 th$ Minority Student Union, Iha LG8TQ+ SEND and Feminist Societie5. The School has many employ$6 policies and these inclvde o Mon￿1 Heolth Policy ond Life Even15 Policy, and il ensures thot èmployees have occess to an external ond enhanced Employee Assistancè Lsne, ond there have been some fvrther improvement5 to somè slaff benefi15 durin9 thg yèor. gl Investrnent Policy CCLA were oppointèd by Ihe School in 2019 ￿ manage all its investmoni funds, following o review of the School's investmenl managers and os parl ol this proc8ss the Governors reviewed and reconlirmed their investmenl objectlV95 Qnd that they would be the some for all the School's investments. includirbg restric￿d Irusls. Alleyn's Sch901 hos a bolanced altrilvd¢ to risk, whereby trhe objective is lo protect the reol volues over lime ond Ihe Portfolio can occepl investment risk in order to ochieve this. The Sehool's investments w8re invested in CCLA'S COIF Charities Inveslrnent Fund, and these objeclives and its perforrnonce ar8 kept under review by the Investment Sub-committee, which meets ot lea5tr Iwice o year. The Governors wish to rtrceive an overage annuol total return ol CPl+5y., gross ol lees, over the long lerm Ithe portFolio investment horizon is in perpeluityl ond a5 part ol this, provide o relioble income slreom ihat rntsinlains ils real value over time. Volatility 15 to be controlled lo 75°A ol th6 UK equity market and certain componies engaged in certoin octivities ore olso ovoided. 29

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 CCLA integrates environmental, sociol and governance IESGI foctors inlo their inve51menl process, restriclin9 inve51ment in "worst of the worst. oclivitiQs like the production of cluster munitiorbs, and participating in active ownership oround topics such os climote chonge and public health issues. The Inveslrnenl Sub-commiltee keeps CCLA'S ethical and ESG approach towards ihèii investing tjnder close review. Further comrnenlary about the School's investment performance can be found on pooe 32. REVIEW OF ACHIEVEMENTS AND PERFORMANCE al Operulional Performonce Alleyn's 15 one ol the UK'S leoding day schools and the first of its kind to béeome fvlly co-edvcalionul. back in 1976. During 2024-25, the School had 1,452 pvpi15 (Junior School 293, Senior School I,159112023- 24 1,4291 ond thi5 15 Ihe highestr number of pupils ol the School lo date. The School ha5 had on outstonding year and the Repori From ihg Choir ofGovernors and the Head provides some of the key highlights, ond noted the best ever A level ond GCSE results. The Year 13 cluss 012025 celebrolad on exceptional milestone, with the highest-trver pgrcentage ol A'.B giodes ot All8yn'5'. 41°K ofexarns were awarded an A. 81°A receivèd on A" or A and 94/0 wèrè owarded on A"_ B grade. l in 6 sludenls raceiY&d 3 A"$ or more o Best ever resvlis recorded in Biology, Dromu, Film Studie5, Germon, Mvsic, PE and Phi1050phy A Levels o For the second year in a row, Four Art students recognised os among Ihe UK'S best A Level perForrner5 Besl ever Oxbridge resu115 wilh 21 students headin9 to Oxlord or Cornbridge A5 lhe School starts 115 celebrations of 50 yeors of co-educolion, the58 excellenl results ore ocros5 arls, STEM, langvoges ond humanities, with a stron9 cohort ol girls toking up places tro sfvdy STEM subject5 runging From oerospace engineerin9 und mechanical engineering to geophysics ond moths. There are also brilliant sludents who hov6 hongd their craft in our m¢Jsic rooms, Iheatres ond strudios who will be going on lo pursue dromo, rnusic and arl at conservotoires and co118ges. 30

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 The strong performance ol our bursory students is olso o brillionl reflection of their imporlontr role in our School community, ond we look Forward lo conlinuing lo expand our bursary progrornme in the yeors to come. Twenty-one students are toking vp places al Oxford ond Cambridge ond ihirteen students ore going on lo 5trudy medicine. 95% of Alleyn's studen15 hovè mel the requirernènls for their lirst-choice or in5uronce university offers ond will be heodsng to destinations including US and European uniyersilies, music ond drorno consetvatoire5, Ort collèges, and Ru5s811 Group Universilies including Edinburgh, Durhom and Bristol. Swihly following these exceplionol A level resulis, Year I I pupils ochieved outstanding GCSE results across oll subjects in a recoid- breaking resu115 year for Alleyn's School. 30Yo ol Year I Is achievèd g or more Grode 9s fof GCSE 58°A of exams token were oworded Grode 9, 84% awarded Grode 9.8, and 95% awarded Grodè 9_7 71 % students received Grade 9 For English Literature, 65 /Lb achieved Grode 9 lor Moihs, 75% awarded Grade 9 in History and French Boys and girls closely molched in achievement across all Subjects including STEM ond perForming arts subject5.

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 During the year, we eslablished thg Alleyn's Schools Groupi which iso dynamic and dislingvished coll8chon of schoo15 rooled in Ihe rich heriloge of Alleyn's School in South London, united by a VI￿On for world.closs holi51ic ducolion. THE ALLEYN'S SCHOOLS GROUP Alleyn'5 Schools Group provid$s o scholorty, volues-driven, and enriching educalion Ihol èxlends beyond the cl05sroorn, shaping nol only our own communities but olso the wider world. Like Edward Alleyn himself, we are creotive, pioneering, and deèply philonthropic, gmbrocing a Spirit ol possibility-both as individuols and 0$ a collective. ALLEYN'S ALLEYN'S ALLEYN'S QAKFIEL TrrAI4FSIEhP ALLEYN'S It Wg5 wonderful lo see both Alleyn's Oaklield and Alleyn s Re9enls Pafk open os Alleyn's Schools during the same wèék in early September 2025 ond we are very excited lo see how this group develop5 oyer the years to come. ALLEYN'S S•pt 2025 .S•pi 2026 bl Investment Performance The School's investmènts ore monaged dvring the year by CCLA and invested within 115 COIF Charities Investment Fund ICOIFI, which is o multl-Qssel, long-lerm fund desi9ned to help meel the objectives ol growth and incorne. It seeks lo provide a highly divèrsilied and well_bolonced spread ol inveslments. Investrnenl income 01 £506k12023_24.. £495kl was generated From these invèstments during tho year, which is on inv85tment income relurn 013% per onnum. Th8 School's inveslmen15 were valued at £17,436k ot the year-end12023.24.. £17,718kl as shown in Nole I l. A total onnvgl return ol 1.2210 per annum was ochiavèd, cornpared lo the largel benchmark of 7.89% ond the comparotor b8nchrnark o19.83Y.. The lolul annual return arises from Ihe inve51rnenl incorne generat8d ond Ihe increase/ Idecreasel in thè inv85tmen15' volue during the Financial year. Thi5 yeor's underperformance of th8 lotal annuol return compared lo the comporotor benchmark wos dug lo under performance in equities. Financial stocks w&r8 ihe maill delroctor 05 the share price of certoin holdings Fell on concern5 thotr artificral iThtrelligence IAII might disrupl their bv5ine5s despite Ihe lacl Ihal Ihe Companies, eornings estimates ore unchanged and the investment case lor eoch of thom rétnain5 solid. soF￿are stocks 01s0 51ruggled on lears of Al disruplion. CCiA do8s not invest in the fossil fuel sector unlike the comparator benchmark ond *his is a conscious investmenl decision by CCLA and oligned witrh the School'5 gpprooch lowards sustainobility. However, due to Ihe demands on fossil fuels globolly, these cornpanies hav6 conlinuèd io perlorm well. In addition, whilst global slock marketr gains have been ornplili8d by the peilormance of sèven high_value technology companies, CCLA has adopted o mole 32

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 cautious approach lo Ihese stockholdings, to undefpin the stability ond spr&ad ol the portFolio as a whole. CCLA continues 10 5eled o diversified portFolio of quality shares, o factor that ha5 historically outperformed in the long run. The operating rnargin of the firms in ihé CCLA fund 15 considerably higher Ihan ihe index overoll, and their cash flow rèturn on inveslmenls is os good a5 the index or better. the curfenl osset ollocalion prolile of the COIF Invaslmenl Fund is shown in Ihe chort b810w.' •Équitie5 68.94% Fixed interest 12.31% Infrastructure & opèrèting as5et5 6.23% Property 4.77% •Private equity & other 3.93% •Cash 2.37% •Contractual & other income 1.43% The equity positioning, whieh makes up 69Yo of the asse15, is shown below.. t*chnolOgy 30% Financi￿5 20% ostatè Indusirlals C￿￿MunICatE0n HÈalthcare C¢ngJDer 51aples Consumer sO.J￿.2$ typ30.Jun.24 CCLA'S investment strotegy aligns wilh thè School's volu$s with a locus on- 'better world" Ihemeswhich include bettef environmenlond susloinability- with a locvs on invesling in 'green energy, ond not investing in lossil fuels. beller heolth such as mentol hèolih. belter work- such 05 no modern slavery and living wage. 33

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 cl Environmenlal Performonce Th8 School is committèd to moking a positive environmen￿1 impod and lo support ils pupils 0$ we collectively seek tro tackle phe cornplex chollenges ihat ihis ambition creotes. Recognising that this èndeavour cannot be achieved in tsolotion, we regularly engogè with local residents, organisotions ond politicians in order Fo ansurtr thot we approoch these gools in o coordinoled manner. Alleyn's N•w ki}¥ Our susloinability aims, a5 sel out in our Sustainability Policy which you can view on our Poltcies Bgcoming carbon zero os soon os possible ond reducing Ihe School's environmentol impocl. Creating a culture within Ihe School which embeds sustainability into every aspect of school life for pupi15, staff, parents, olumni ond the widef community. Ernbedding suslainobilily ocr055 the leoching and leorning al the School. Ernbedding suslainability throughout the School's operations, $ito rnonagemenl and capitol inveslment. Ltving the School's ROCCK IResp¢ct, Opportunity, Covrage, Curiosity ond Kindness) volues in relotion lo oll things connected with sustoinobility. Ensurin9 thol all 5ignilicanl building dev81oprnents, whether new or relurbishod, priorit15e suslainobility throughoul the projecl. Promoling biodiversity throu9houl the School compus ond enhoncing green spaces for th wellbeing of pupils, stoff ond visitor5. Promoting wider discussion obout 5vslainobility within our community ond through our leadership. 34

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Svstainability hos rernoined high on the School'5 agendo with regular Sustainability Committee meetings, which comprises ol o cross-section ol stoff ond pupils, both Junior ond Senior Schools, together with Gov&rnor and alurnni represenlalion. Th• committee audited the School'5 SUs1oinobility progre55 and developing action plons acr05S dilFerent aspects ol school such as its curriculum, co-curriculum, comtnunity and inlr051ruclure. Thè School reloirhs suslainobilily advisers lo support these objectives, ond this has informed the School's decisions on where best to invest its Financial resources tro reduce ils engrgy consvmplion. Investment in su510inability hos continued during this year with the continued in5tr0llolion of LED lighting ond the instollation of smart meters to measure en$igy consumption to idènlify where lo r$due& energy consumption. StatF and pupils work iogether to drive sustainability initiotives across th8 Junior and Senior Schools through our pupil-led E¢0 Commillees. ALleyn's School Eco Week 2024 Alleyn's School was thrilled to hove successfully delivered Eco Week 2024, which wa5 a week of inspiration, educotion, and action os we navigated deeper into our journey ol SU5toinobility. Highlighis lor the week included wonderful Eco assemblies prepared and delivered by pupils, recycling and swoppin9 books, cloihes ond warm coots, bika repairs for pupils ond slaFF, ond a focu5 on suslainuble Food throughout the w8èk. 14ln-22r￿ No¥embe In the pursuit of promohng su5tr0inoble proclices, tha School chompions octive trov91 SL*ch os walking, cyclingi ond scooting as envirOnmen￿llY coascious modes of Iravel. Building upon this Foundation, the School'5 Green Trov¥l Policy was launched, ond this iniliohve fepresenls o lurther slep lorword in our collective endeavour lo build o culture ol su$toinable travel and reduce our ècological footprinl. Through the irnplgmenlahon of thi5 policy, we oirn lo incentivise ond support alierrhotive modes of Iron5POrtation thal prioritise sustainability ond envtronmentol responsibility. By foslering o community-wide commitment to gre8n Iravel, we ospire lo not only reduce our carbon ernis5ions bul also support and encourag8 our pupils in developing a lifelong appreciahon lor environrn8nlally sustoinoble praclices. 35

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 The School njns 115 own 'Earth&hoY prize where Year I I pupils undèrtakè u crilicol thtnking course ond Ihen apply their minds to some of thè gr&ol$st chollenges we face. They submil a brief to exploin o chosen i55ue ond dèsign reol-world solulioThs and plons of oclion. This year's idea wa5 The GreenerSide- a molivohonal app lo encovrag9 eco-friendly choices and connecl people in thoir impocl. Some Yoar 12 pupils had Ihe ultimate sustainability expefi&nce ot the SusEd Ismonoco leodership Svmmil. From playing the Syst8rn5 Chonge Gome lo diving deep into the Ocèon Action Symptssium, Ihey explored education'5 power lo shape a susloinable fulure. Our pupils gove in5Ptring presentation lo 20 schools on equity in education. Our Coronation Gorden at The Well is thriving and Alleyn's offered an Open Gordèns event in May in partnership with Link Age Southwork, one OF the School and porent ussocialions, chartties. En•rgy Roporting Corbon and Energy Raporting Rggulolions are a slalulory reporting requirement lor lorge componies in the UK. Alleyn'5 School has been improvin9 Its susloinability over recent years, and more detoil is providod below. Recycling efforts hove improvèd significantly in recenl years wilh the School recycling poper, plostic, and 910s5, ond il is also a colleclion point lor the recycling of pens and crisp wrappers in ihe locality. In recentr building developments. the impocl of the environrnent and 5UStainobility ore al the forelronl of the design of any new Alleyn'5 focility. The Lower School building, R.V. Jones Science Building extension and the Junior School buildings all have solor ponels inslolled which generate eleclrscity for Ihe Sehool a5 well as othar sustainable feal¢Jres. To offset ils corbon footprintr, the School hos increased ils planting ocr055 the sil8. There hos also been a con5CIOU5 eFFort lo use more suslainable tron5POrt wherever possible lor duy and residenlial Irip5, such 0$ troins ond ferries to European destinations. As parl of the School's cornmitment to reduce ils corbon foolprint Significon￿y, the mojority ol the School's electricity supplie5 ore supplied from renewable energy sources, certified by Ihe Corbon Trusl. This is port of the School's airn become Corbon Zero os soon os possible. Whilsl Eco Week highlights the chonges we can moke, the School community hos been determinèd to mako permunenl changes tro how we operate as a school. We haYts-. 36

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Meot Iree doy$ Ongoing investmenl in more susloinoble lighling le.9. LED) ond appliancas Incre05ed the number of pupils octively Iravelling lo School o Enforced 'no idling, for cars or coaches outside School Honled rnora Ifees, hedges and bushes on 511e EFForts lo reduce printing in school o InS￿Iled more rocks to accornmodote 240 bikes and 00 scoolers. The infoimolion below is bos*d on the amount o19os, oil. electricity ond Fuel consumed by the School durin9 Iha year. The School's energy consumption was converted using GHG Protocol Corporate Accounting and Reporting Standard (revised edilion Mgasure.. 2024-25 2023-24 2022-23 Relaling to.. 5,092 The School 511e, Burboge rood 5118 and slaff pr(>perfies Includes energy usage, Fuel used on si18 ond flights, emissions Irorn School trips, but not oulsourced cooch trips or taxi journey$ ond the increase 15 primarily due to the 5wil¢h ￿ o non-renewoble go$ conlrocl. 0.03 C02 The intensity ratio meo$vr85 8ner9y tonnes per usag8 compared with an appropriole pupil business melric. UK 8nergy u$e Imwhl 4,706 4.793 Associated 9reenhouse ga5 emi55ions lonne5 596 466 46 IC02 Intensity rtsho Emissions per pupil: 1,452 12024.. 1.4291 0.41 C02 0.3 C02 lonnes per pupil tonnes per pupil Emissions have risen in the year as the School enlered a non RGGO gos contract From l December 2023 which removed the market ba59d zero emission ga5 consumption. Thi5 decision was token due to the very 5igniliconl cost diFFerenliol which would hova been loo expensive for the School. Inslead. the School has focussed its eFForts land moneyl on reducing 115 energy consumption a5 quickly as possible. This financial year represents a full yeor ol consuming undgl the non-renewable 9as contract Iwher$os losl year was Irom l December 20231. Energy (Mwh) 0000. 5500 5000 4500 4000 2021.22 2022-23 2023-24 2024-25 The School'5 commilment to reduce its energy consumption hos rgsulied in a further reduction ol energy consumed by 1.8Vo this year. which is testomenl lo the locus on suslainability. 37

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Over ihe p051 four years, the School hos reduced ils total energy consumption by a cvmulalive 17.4% 1992MWhl, which 15 Ihank5 to the numeious sustainobility iniliohves and despite an incr&ose of iachnology on site. FINANCIAL REVIEW The School's finonciol slaternent5 include Ihe activilies of Alleyn'5 School Enterprises Limited IASELI, Alleyn's School Inlernolionol Limiled IASILI and the W J Smith Trust. These finonciol stolernen15 include the balance sheets for Ihe group ond charity occo¥nts. Total 9ioup income has increased from £30.7m12023-24110 £38.2m, ond lee incorng increased from £31.2m to £32.1 m,. thi5 increase is primarily due to the annual lee rise for the lirst term. which was then reduced back to 2023.24 faa16Ye15 upon the implemenlolion of VAT in Jonuary 2025, 05 well os more pupils at Allgyn'5. ASEL'S revenue increasèd from £820k to £870k as commercial odivities on the School'5 sile have continued to grow in line with the School's slrolegic oims k) expand non-lee revenue to divèrsi the School's revenue. Donotion5 01 £501 k1£523k 2023.241 wer6 réceived during the year and lurther deloils are provided below under Fundraising Approoch and Perlormance. Total èxp8ndilure increased from £34.4m to £37.Om primarily due ￿ higher stoff costs ocross the different chursloble octiYiti6s. T8oching costs hove increosed from £18.Om lo £20.3m, wellare costs hove rémoingd sirnilor al £2.5m ond ASEL'S costs hove incre05ed From £520k lo £595k, primarily due lo a signilicontly higher lice￿ce lee poid lo the School and staff cost5 increasing in line wilh oclivFty- Teaching c051s and overall staff costs hove increosed due to the cost.of.living increase oworded to oll staff, Ihe impacl of tho higher TPS employer rate (determined and increosed by Ihe Governmenl from l April 20241, high8r employer nalionol insurance cosls from April 2025 and higher London and Nahonal living wages, as well as more staff $upporting the higher level of activity ocr055 the School, such as ils commerciol activities. The surplus before transfers on the General Fund wu5 £ l.Om12023.24.. £1.9ml. Copitol expenditure during the yeor omounted to £3.3m12023-24.. £1.4ml ond thi5 is primorily due lo enhancements to the School's existing buildings ond facilitl8S, such os the new All Studios building, Ihe extension lo the buildin9 Ot the 8ntronce lo the School, known os The Lodge, os well 05 upgraded clossroom spoc6s and o wonderlul new space for our Access Inclvsion and Menlorin9 deporlment. It ulso inclvdes Ihe ocquisilion of prop¥ty leoses and other assels oi Allèyn's Qoklield with effect Irom 31 July 2025. Ini 11 jijpiiiii, 38

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Ther$ hove also been prolèssional fees incurred with regords lo the School's development project known os Project Crucibla,. Ihis project include5 building o new Dining Holl ond innovolive tèoching focility, as well os rèfurbishing several existing buildings tro crgatè u wonderful Sixih Form cenlre. Further detoils obout this exciling projecl can be Found lotÈr in ihis report. During the linonciol year, the School h05 rèpoid £600k of ils bonk loon and following thè year-end, this loan facility has been fully repaid, ond the School hos securèd a new bonk loon focility to support thè lundin9 of Projed Crucible15ee Note 151. Total net assets increased frorn £60.2m lo £61.1 m ond this is primorily due to the surplus during th6 year offset by a smoll decrtrose in the value ol invèstm&nts by £0.3m. Net ossets ol the School are linonced by the Endowmenl Fund, other raslric￿d lund5, ond unr8stricted Funds which have accumulated over the yeors. The movernenl in lixad assets during ihe yeor is shown in Note l O lo the finoncial slalemenls. Key performance indicotor5 IKPlsl are reported io thè Goveming Body to provide regular informotion about khe School. These include.. Non.linancial KPIs'. Adrni$5ions dola, pupil nurnbers, ratio of boys and girls; Acodemic rasulis and co-curriculor oclivity,. Welfare and safeguarding meosures; Bursory recipient numbers, odmissions data,. Parlnership, outraach, volunteering and other public benelit méasures,. and Diversity ol both pupils ond sloFF. Financial KPI5'. Rev8nue generoted From fée and non-lee incornè,. Staff costs as a measure of revenue.. Capitol expenditure-, Opertsting Surplus os o pèreenlage ol lee income,. Operotionul cashllow including lee collection,. and Chofiloble income and funds. Despite the current heodwinds for the indepèndenl school sector ond economic challenge5 Wlthin. Ihe UK ond more globo11y, Ihe Governors beliève Ihe School is in o 51rong linanciol position lo meet itrs Future plans and commitments. Thi5 15 5vpportèd by Iheif revigw of Ihe School'5 lotest financiol projections prepored from o detoiled budggl and relorecasting process. The Governors have approved ond monitor a len-year strategic plon, which is support8d by a deloiled ten-yèar financial busine$5 plan. The School conlinues lo hovo its highest nvmbgr ol pupils ever, ond there rernains a high demand lor school places during the current odmission5 process, however the Governors ond senior teom remain cognisont ol the current fin(3nciol chollènges for both existing ond p¥ospecliv8 porenls, and wherever possible. continue to support Families to remoin ol Alleyn's ond keep th8 lees as affordable 0$ possible. The School hos conlinued lo inv95t in ils facsliliès over recent yeor5 to ensure Ihol Alleyn's is able lo provide a first_class educational olFer within 39

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 excellent facilities on site ond h05 on exciting redeveloprnenl of the Dining Holl ond the refvrbishrnent of some exi5ling buildings planned. ol Subsidiaries Alleyn's School Enterprises limited IASELI, a wholly owned subsidiary esloblished io mano9e ihe School's non-charity operolions, is mono9ed by ils Boord of Diroclor5. ASEL opeialion5 include commercial ond community letting5 of the School's focilities and it generotèd proliis of £68k ofrer a licence fee 01 £208k 12023_24- £147k aher o licence fee of £153kl. ln line with the School's strologic airns, ASEL'5 octrtvilie5 have continued to increas& duo to a thriving swimming hire and le550n PTogromme, o vuriety of holidoy cornps ond octivity courses lor children, Ihe hire of thè School's 5POrts ond other focililies and vi511ing events. ASEL'S svrplus will be donaled lo the School for use al the School's discretion. leyn's School InlernotioThol Limiled IASILI hos r¥moin8d dormant during this financial year. bl Asset Coyer for Funds Note 17 tro Ihe finoneial 5tatgment5 5els ovl on analysis of the School's assets ostribuloble to thé voriovs Funds. The Tfuslees considor Ih¢se o5Wts ar8 sufficient k) meet the School's obligalions on a lund-by-Fund b0515. cl Reserves Policy The School's reserv&s policy is to mointoin sufficient unrestrided income feserves to enable it to meet its 5hort-t8rrn linancial obligalions in the event ol on unexpecl6d revenue shorfftill, ond lo rely on the Teadily r80lisobl6 inveslments of Ihe School'5 general purpose expendable endowmenl os odequola cover for the School's longer-lerm capilol expenditur8 commitmenls and ony longer-lerm linanciol obligalions. The School'5 total reserve5 01 £61.1 rn at the year-end included £40.5m permonenl endowment, £8.3rn of reslricted Funds ond £12.3rn of unre5tricled hJnds. After excluding unrestr¢cled lixed ossets with o net bgok value of £3m il leaves free reserves of £9.3m. The Governor5 consider Ihi5 Posltion oppropriole in view of School'5 developrnenl plan, and ovailoble working capital, which in¢lud95 0 new bank loon Facility durin9 the capitol building project. The capttol expenditure is reviewed by Governor5, ond the Funding decision5 ore port ol this planning proc955. The primory vse ol additional vnreslricled Funds generated overthe period of Ihe d8velopmenl plon will Iherefore be to provide funds Iof new copitol project5. These fvnds will not increose the level of free reserves of the School 05 they will bè rèpT$50nted by Fixed ossets. In oddilion, il is expected thal the liming ol Ihe funds generated over thi5 period will motch the timing ol tha capi￿1 expgnd+lvre, thus leaving minimal additional Iree r6s&rv8s ol any sluge over this period. In considering their reserves policy, the Governors consider moller5 such a5 working capital and the liquid rèserv85 requi18d for vnexpecled bul vnavoidable ilems of expenditure which connot be Funded from cvrrenl income. The Governors are Satisfied thol the current position ol Iree resetves is occeptoble and in accordance with Ihe policy. This policy will b& monilor$d by ihg Governor5, Finance ond General Purposes Committ6e ond ièviéwed onnvally. 40

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 dl Fundraising Approach ond. Performonce During the year, tolal donations of £501 k12023-24 £523kl have been received. We oro very grotehjl for every donation received during th• yoor. Donations 01 £247k hove bgen received lor bvrsorie5 funding, ond other generous donations hove enobled Ihe School to continue to develop the AIQ curriculum ond fund the All Studi05 building. We are so very grolelul to etsch and every one of Ih8s8 donors for the opportvnilies they have creoted for the pupils at Alleyn s, ond the wider community will benelil from in due cours6. The School undertakes fvndroising oclivilies within Ih9 school community via emoil, dtrèct moll, ￿lephone, solicitolion of individuals, events and social média campoigns in line wilh th8 Fundroising Code ol PractlC8 set out by Ihe Fundraising Regulator. Fundraising is overseen by Ihe School's Developffl8nt aThd Alumni Relafions Office by 5toff oll ol whom hove detailed job descriptions associoted wilh their roles and receive appropriate Iroining lo ensure eihical lundiai$ing. The School 15 registergd with the Fundraising Regulotor, all our oclivilies ore open, fair, honest ond legol. We hove not rèceived any SAR reque5t5 during the financial year in relolion to Fundraising activity, norwere ony other formal comploint5 r8cèived about lundrai5ing oclivity in Ihe financial yeor. Governors receive regular reports r$9arding fvndraising oclivity and performance. FUTURE PLANS The Gov8rnor$' locvs is mointaining o robust soleguording Cul￿re and high academic stondords while preserving the worm, bnclusive and friendly eth05 of the School. The School'5 commitmenl to expanding meons-te51ed bursary provision a5 well 0$ ensurin9 existing famili85 are uble to remain ol Alleyn's wherever P0S5ib18, tsnd to oiher 05pects of public benelil such as ils partnership ond community octivilie5, retnain a locus, as will Ihe capilal development plan. The Govgrnors have opproved Ihè strolegic objectives over o ten-year timeframe which hovè been developed further by the Head ond her team within the Alleyn's Development Plon. This includes a detailed finonciol business plan, und the Governors monitor the perlomiance of the School against these strg16glC objeclives and the bu5in855 plan. The School'5 linoncial strolegy gn5ur8s thé Sehool is suFRciently linancially resilient lo with51and the ¢hollenging times for th8 independenl school sector, ond thi5 is primarily by diversifying its revenue away From being solely dependent on fee reyenvg, togeiher wilh managing resources corelully and continuiag lo invest in the sile. The growih of cornmereial revenue through commercial partnerships 15 exp8Ct*d to increase nexl year, with the onnouncemenl ol internotional parlnerships. which will allow on Alleyn's education overse05.11 15 0 very exciting time lor the School os these commercial partnerships afe formed with porlners with aligned value5 and lotused on the education ol children. As pall of th8 18n-year slrulegy, o ma5trerplan lor the continued capilul investment has been preporgd ond opproved by the Governors in September 2022. The Govornors ond senior learn ore currèntly working on the nexl project, Projeci Crucible. alihovgh no 5ignificanl cosls have been cotnmitted yel. This capitol proj8cI will be lunded by a cornbinolion ol the School's cash re50urce5, o new external borrowing facility und from donations received from fundraising aclivilies ond itwill enable Alleyn's to deliv81 the kind ol seclor-delining edvcolion Alleyn's has olwoys b8en ossociafed with. The projectr's leorning, dining and performance spoce$ ore being designed to ericourage young people to explore new experiences, Share ideas and under51ond whol cieolive leadership lee15 like. From supporling slimuloting inler-disciplinory exchange to deliverin9 the 41

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Alleyn's Inlelli9ence Quotient IAIQI ond Emolionol (Juolienl IAEQI, Projecl Crucible will be a place tro 'br8ok bread, ond benelit From a more humon-cenlric approach lo digital innovohon and progrtrss. Following the a¢qui5ihon of Alleyn's Oaklield, Ihe School is commitl8d to thi5 School community ond oims lo enhance the edueolional 0F￿r provided and invest in the sile, its facilities ond r850urc85 59 thot Alleyn's Ooklield will oFFer a lirst-class education lo it5 pupi15, 5imilor lo Alleyn's Junior School. The new bank locility provide$ Sul￿ble linonciol flexibility tro enable the School to invest in site ond ils lacililie5 over the next few years. PRINCIPAL RISKS AND UNCERTAINTIES Thè Governors review the principal iisks facing the School ttl o new Governor5, cornmittee, the Risk ond Compliance Committee. This tornmiltee mee15 lermly and reviews the School's busines5 risk regi5trer in detail, ond the relevant Governing Committee (Educolion, Junior Schools or Finance) ulso review ihe associaled risks both termly ond onnually. The reports sel oulthe key risks to which ihe School is exposed, on assessmenl ol their impact and likelihood, lh8 ¢ontro15 and management action lo miligote them and the monitoring Ihal tok85 ploce. The key risks idenlilied by the School org Sgt oul in rnore detail in this section. a.Safegvording Safeguordin9 remain5 the most important feature of lile al the School and the first priority of the GovÈrnors, Head ond stoff at Alleyn'5. Everyone in the s￿FF community ot Alleyn'5 toke5 responsibility for sofeguardingi and the School olwoys ocls in the bo5tr inlere5ts of the child. li 1$ resourced occordingly W￿th staff having clear roles and responsibiliti85 and one Governor hos specific responsibility for Safeguarding, working ¢105ely with the Designated Soleguordin9 Lead ond the Deputy De5ignoled Saleguarding Leads. All staff joining Ihe School ora svbjecl to an enhonced Disclosurè and Borring Service Check and safeguarding training is provided regulorly lo oll stoFf ol the School. The ISI Inspection undertoken in Novembgr 2024 Found the School lo be lully complionl ocross all orgos of School life. b. Economic Circumslances Thg impoct on Ihe economy creoles a number of ri5k5 thol could impocl the School's finances. The reduction of inflation ond a 5moller reduction in interest rates during the yeoT tsre positive 51ep5 in reducing economic and financial risk for the School, however the irnpacl ol VAT on school fees is si9nili¢ont for some parents and it moy result in pupils leaving the School. Thg Board ol Governors continues to review ihe School's finances ond ien-yeor lulure projectsons Tegulorly. which snclude5 0 tgn-yeor busine55 plan, and ore mindlul ol the School's n60d to rnong99 itr5 costs carefully and ensure Ihol fees remain offordoblg for porenls. c. Governrnenl Policy Towards the Independent Schools Sector The Labour GoverTrrnentr imposed VAT on independent school lees with eff8d frorn l Jonvary 2025 and independent schools losi busines5 rat&5 relief with eFFecl from l April 2025. Their lirsl Budget 0150 incr8osed employer notional insurance costs, and ihe Notionol ond London Living minimum wages hove olso increosed. There could be luriher ri5k5 orising such as higher employer taxolion, but 05 yet thi5 15 unknown. Th85e risks ore, amongst other loctors, considgrgd by the Board ol Governors and the School continue$ lo 42

AILEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 focus on it5 51ralegi¢ oims and len-year businèss plan, which includos diversifying and growing non-lee revenuè whilst monoging 115 resources carefully. d. Loss of Information Systems Integrity or Funclionolity Due to Iho rale of change in tr8chnology, significant gr0￿h in use of the inlernel and soeiol media, and thg GDPR legislolion'5 incr&ased data protection obligations, an understondin9 01 the inlormalion 5yStems' risks is essential to efficiently and eFFectively creole a secure inlormalion management environmènl in the School. Various measures are in place in order lo miligote Ihes8 risks such as p055word protected access, regulor stoff training, doily ond interim backvp5 to disk and tape, licence ogrèèments, So￿are purchasèd wilh resped to cyber security, and th$ availability ol replocefflénl equipment. A Digital Siralegy Committee, Comprising ol senior 5toff os well as Senior IT t8am members over5ee5 the School's lincluding AO'51 IT slrulegy with ragards to IT inve51rnent ifi hardwore and So{￿Ore, cyber security, 51ofF ond pupil IT use and competencies, as well 05 thé School's wider digital stralegy. e.GDPR and dalo breaches GDPR compliance and the risk ol a serious significant do￿ breoch remoins o risk lor the School, ond there has been an incrèose in slafF training ond r•minders lo slaFF obout data breaches. All data breoches are repoiled io ihe Data Privacy Officer. which ensures thé Sehool is monitoring breaches effectively and can ke the necessory action. f. University Admissions Universities hove aclive'widening porlicipotion, policies designed to incr8os8 University opplicotions which moy pr8judice applications Iroffl the School's pupi15. In ordèr to miligote this risk, Ihe School maintains a good dialogue with UCAS ond Universities to maintoin o high level of owor8n8ss of $hihing policies and attitudes. g.An Event that Imiiocls on the Avoilability of the Sile The School hos a Critical Emergency Policy ihot includes o 'Get In, S￿Y PtJV procedur8. Sioff training hos been provided and drills for staff ond pupils have b06n coiried oul. The sitg is s&curely Fenced ond thgre ar6 security stoff at the sile enlrances. The School is well locoted in London and therefore would tsecess Ihe support ol emefgency servic$s very quickly. The School would be able lo operatg off_site through conlinuing ils education onlifie ond this dernonstrote5 Iholth& School could opera18 r*motely without 0 5itre, For a period ol lim&. h.Health and Safety Healih and Salety is olso porl ol the School's risk monogemenl Iromework. The Boord of Governor5 nominole a specilic Governor to tuke an activé inlerest in the School'5 Heolih and Safety provision, re9ulorly attending the lermly Heolih and Safety meelings and r$porling back lo the Board on health and soFety mallers. Advice ond support is providgd Irom exlernal profe55ionals who review the school campus regulaily. Following the acgulsltion of Alleyn's Oakli&ld, Iheir sile hos been inspected by nvmerovs conlraclors, as w811 os Alleyn's sloff, ond it 15 included within the School's risk manogernent Iromework. 43

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Pandemics The Covid.19 pandemic elevoled certain new ri5k5 to the School whilst introducing new risk eonsid&roltons For the School,- these were collatred within o specilic detoiled risk as5e55rnenl prepared and approved by the Goveming Boord. Thg Governors continue lo ensure the School remoins preparèd for such risks. j. Significonl development project The School 15 embarking on a sigTrilicani buildin9 project during the next few years. In oddilion lo Ihe archilecl, Ihe School ha5 gngoged experienced ond skilled professionol odvi561s to supporl Ihis projecl, such as project monoge¥s, quantity surYeyor5, engineer5, SU51ainability advisers, planning consultunls ètc. The project is overseen by o separatre Governing Committeè - thg Capilol Project5 Delivery Sub Committee lo review the progr855 ond delivery ol Ihe project, and in parliculor lo trnsure thèrè ore limited deloy5 to the programme. Th8 bud9et h05 been opproved by the Governors and acluol spend ogainst bvdgel is monilored closely by the quantity Surveyors and projgcl manoger5, as well as reported lo the Governor5 01 the Financè & Generol Purposes Committree. The knnding For ihe project hos been secured with Ihe support of prol$$sionol odvisers, und Ihis 15 in place prior lo any significonl eosts baing cornrnitted lo. The fundraising lowards the project is olso being closgly rnonitored by Governors and there are eontin9ency plons in place, il the Fundraising largels ore not ochieved. k. Oiher risks Other risks facing the School include the notificotion of hi5troric 5aleguording incidenls or other serious mottors rèlgled to prior reporting periods Ihal could covse repulohonal ond / or linanciol105s lo the School Imitigaled by the School's insufonce, tls policies wilh regords lo soleguarding and other oclivihes ond legal advice), Ios5 01 key slaff due tro illness 1mlliga￿d by o svfFi¢igntly lar9e Senior Team wheie every key role has an in-buili back_up), ond developing policies and procedures in liaison with key ¢o11goguo5 lo moximi5e underslonding ond minirnise r15kl. The Governor5 consider that this approach lo risk managemenl is likely to b$ an aff8Ctive process and inlend il tro be ongoin9. VII. STATEMENT OF GOVERNORS, RESPONSIBILITIES Thé Gov$rnor5 are re5pon5ible for preparing ihe Governors, Rèport ond thè Finoncial Stotsmenls in accordance wilh applicable laws ond regulolions. The governors record their section 172 slolement and hereby confirm.. Consideralion ol all relevanl mollèrs ol $tratè9y gnd 5tokeholders hove been included in the report-. See S8clion 11.lbl Govemance, Seclion V. Fufvre Plons ond Seclion Vl. Princip<i/ nsk5 and vncertoinlies. 44

ALLEYN'S SCHOOL REPORT OF THE GOVERNORS YEAR ENDED 31 JULY 2025 Decision making al the School is made with approprioto consultation and guidonee from the Governing Boord.- See Seclion 11.(bl Gov8rnonce, Secfyon 11.IcJ Recruilmenl and iraining CJ Govèmors ondseclion IV. Finoncio/Review, Seclion V. Fulum Plons. Con5ideralion ol Ihe interests of employees and maintoinin9 the highesl slandords.. See S￿￿On l.IbJ Vision Ststemenfr Sechon /l.IbJ Governance (7ndl/l Employmeni Policy. Regular engagement wilh Governors ol the School has ensured issue5 are reportgd os appropriole.. See Sechon 11.(bJ Govemonce andseclion IV. Finoncia/Review. Oversight ol the impact of the School's opèrotions on ils comrnvnity ond the environrnenl.. Sgè Seclion l.lbj Wision Statsmeni Séthon l.lej Public B8n8hi S8clion 11.lbj Governance undsechon 111.lcl EnvironmantslP8rformonce. Company Low opplicoble to charities in England ond Wales requires lh8 Governors, as Tru5tg95 01 iha chority, tro prepare financial stotgments for each linanciol yeor which give o Irue and foir vigw of the School's linoncial activities during the yeor and of its linanciol position at the end of the yaar. In preporing linancial stolernenls givin9 0 Irue and lair view, thé Governors should follow b*st proclice ond.. select suitable occounting policies ond then apply them consistently,. makg judgements and eslimotr85 thot ore reasonable and prudenl,. slale whether applicobla occounling standord5 and slolemet)Is ol recornmend8d proelice have been followed, subject to ony departure$ disclosed and explained in the Financial slalernentrs,- prepore the linanciol sbtemènls on the going conctrrn bosis unless il is inopproprioté to presume Ihol the School will continue in operotion. The Governor5 are responsible lor keeping proper accounting records which disclose, with rèosonoble occuracy al any lime, the linoncial posilion ol the School and which enable them to ensurè Ihol Ihe linonciol slolemenls cornply wilh Ihe applicable law5 reloting to charihes. They are olso responsible lor soleguordin9 the 0s5et5 01 the School and hence for ￿kIng reasonable 51eps for tho prevention and detechon of fraud and other irregularities. The Boord ol Governors confirms 115 oceepfance of these responsibilities. In approving Ihi$ report, the Governors approve the directors, report, strategic report ond the Truslee5' Annual R6POrt. VIII. AUDITORS A rèsolulion proposing Ihe rts-oppoinlmenl ol Hoy5Mac ILP was approved by the members on 4 December 2025. This rèport wos approved by the Governors on 4 Dec8tnber 2025 and signed on th$ir beholl by: Mr Chris Sty Chuir of Governors ianou 45

ALLEYN'S SCHOOL INDEPENDENT AUDITOR'S REPORT YEAR ENDED 31 Juty 2025 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ALLEYN'S SCHOOL Opinion We have 0vdi￿d the linonciol 5totrernenls ol Alleyn's School lor Ihe yeor ended 31 July 2025 which ¢ompri5e the Group Sialement ol Financial Achvihe5, Ihe Group and School Balance Sheel, the GTOUP Stotement of Cash Flows ond notes lo the financial stalemenls, including a summary of significant accounting policies. The finonciol reporting Iromework Ihol has been applied in their preparalion is applicable low and United Kingdom Accounting Siondords, Including Finonciol Reporling Siandard 102 The Fiiiunciul Reporling Sknnd(7rd (7pplicoble in ihe UK ond Republic ollreland (Unitred Kingdorn Generally Accepled Accounting Prachcel. In our opinion, the financial slalemenls.. 9iv8 o Irue ond Foir view of the slole of the group's and ol the porgTh1 chorilable company's aHairs a5 0131 July 2025 and ol the group's ond por8nl choritable company's nel movemenl in fut)ds, including the income and expenditure, for the yeor then ended,. hove been properly prepored in accordance with Unitèd Kingdom G8n8rollyAcceptsd Accounlin9 Practic8,' and have been prepared in accordancg Wlth the requilernents ol the Companies Act 2006. Bosis For opinion We conducted our oudil in accordgnc8 with Inlernolionol Siandords on Audiling IUKI IISAS IUKII ond applicuble law. Our respon5i6ililies undgr those standards are luriher described in Ihe Auditor's r8sponsibililie5 lor Ihe audil ol Ihe financial 51aternent5 58clion of our report. We are independent of the group in accordanc8 Wlth the ethical requirements Ihal are relevont to our audil ol the linonciol slolemenls in the UK, including Ihe FRC'S Ethical StrGndord, and we hove fulfilled Ovf oiher ethical respon5ibilitig5 in occordonce with Ihese requiTemenls. We believe Ihol the audit 8vidence we have obtained is sufficient and appropriole lo pcovide o bosi5 lor our opinion. Conclusio￿$ relating lo going concern In audiling the linonciol stattrments, we hove concluded Ihol the Iruslees, use ol Ihe going concefn b05is ol occounting in the preporation of ihe finoncial 51oternen15 15 oppropriole. Bosed on th8 work we hove performed. we have not identilied any moleiiol LFncertoinlies relating lo events of conditions Ihol, individvally or collectively, may casl significant doubt on the 9roup'5 obilily lo conlinue us a going concern lor a periodof oi least Iwglve month5 Irom when the linancial strolements ore outhori58d lor issve. Our responsibilitie5 and the re5ponsibilitie5 01 the Iruslees with respect lo going concern ore described in the relevonl sections ol Ihis report. Othef inloTmalion The trustees ore responsible for the other informalion. Th? other inforrnalion comprises Ihe inFormation included in the Trustees, Reporl. Our opinion on the linanciol slalemenls does nol cover the other inlormolion 46

ALLEYN'S SCHOOL INDEPENDENT AUDITOR'S REPORT YEAR ENDED 31 JULY 2025 and, 8xcepl lo Ihe extnt otherwise 8xplicirfy slated in our report, w6 do not express ony form of ossvrance conclusion ther￿n. In conneehon with our oudil ol the linoncial stotements, our responsibility is lo reod the other informalion ond, in doing so, consider whether the oiher inlormotion is maleriolly inconsisfenl with Ihe linanctal statemen15 or our knowledge obioined in the audit or oiherwise appears lo be moleriolly missloled. 11 we identify such mol8riol inconsistrencies or apporent materiol rnis5totemenls, we ora required lo delermine whether there is a maleriol rni$$tatemenl in the finonciol stotèments or o moterial misslolement ol the oth8r informotion. If, based on the work we hove performed, w6 conclude that Ihere is o moteriol mis51olernenl of this other informotion, we are required to report ihat lacl. We hov8 nothing to r8POrt in this regord. Opinions on other motters prescribèd by the Companies Acl 2006 In our opinion, based on the work undertoken in ihe course ol Ihe audit.. the information giv8n in the Trustee5 Report (which inclvdes the slrotegic report ond the directors, report pièpored lor the purpose5 01 company lowl for the financial year for which the linanciol slolemeDts ale prepofed is ¢onsistenl wilh ih linanciol stolemenls,. and the strotrègic report ond the directors, report included within the Tru5t$es' Annuol Repo¥i have been prepared in occordance wilh applicable le9al requirements. Matters oll which we ore required lo report by exception In the light ol the knowledge and understundin9 of the group and the parent charilable company ond ils environment obiaitsed in Ihe course ol the audit, we have nol identilied maleriol misslolements in the TTuslees' Report (which incorporates Ihe slrolegic rèport and Ihe direelors, report). We hove nothing to report in resp&cl of the following matters in rèlation lo which the Componi85 Acl 2006 requires u5 to report lo you if, in our opinion.. odequate occounting records hove noi been kept by Ihe porenl chorilable compony,. or the parenl choriloble company lingncial slolements ore nol in o9ieemenl with Ihe accovnhng Tecords and returns,. or certain disclosures ol Iruste8s' remunerahon specified by law ore nol mod$,' or wè have not received oll the hnlormolion ond explonalions we Ttrquire lor our oudit. Responsibilities of truslees for Ihe financial statements As explained more fully in the Iru51e$s' responsibilitlos slolement 591 out on page 44, the Iruslees (who are also the directors of the charitoble company lor the purposes of compony lawl are responsible for the preparohon ol the linanciol stalement5 ond For being 501isfied ihol they give u true and lair view, ond lor such inlernal control as the tru5te&s delermine is nècessary to enable the preparation of financial stotements Ihal are Free from rnoterial misstalement, whether due to Fraud or error. In preparing the linoncial slotements, the trusteès ore responsiblè For ossessing the group's ond the purenl charitoble company's ability to continu8 as a going concern, disc105ing, os applscable, motters related to 90ing concern and using Ihe going concern basis ol occountin9 unless the Iru5tee5 either intend to liquidate the group or the parent chafltable compony or lo ceas8 operations, or have no iealistic aliernalive but to do so. 47

ALIEYN'S SCHOOL INDEPENDENT AUDITOR'S REPORT YEAR ENDED 31 JULY 2025 Atsditor's rosponsibililies For the audit of the financiol slolemenls Our objectives are to obtain reasonoble assuraThce about whether the Rnancial 51alemenls os o whole are freè from mot8rial mi5Stulemenl, whether due lo Fraud or error, ond to issue an oudslor's report thol include5 ovr opinion. Reosonoble o5suronce 15 0 high level of ossurance, bul is not a guarontee thot on audil conducted in accordance with ISAS IUKI will olwoys detect o materiol misstralemenl when il exists. Misslat&monts con arise from Iraud or error and are considered moteriol if, individually or in Ihe aggregole, Ihey could reosoThably bg expected to intlvence the economic decisions of usefs taken on the bosis of those financial slotremenls. Irrggulorities, including fraud. ore instances of non.complionc& with law5 Qnd regulolion5. We design procedures in line with our responsibilitias, oudin8d above, lo detecl rnoteriol misslatemenls in re5pecl ol irregularities, includin9 frovd. The exlenl lo which our procedures ole capabl& of dete¢liftg irreguloritie5, including Fraud is deloiled below.. Based on our underslonding of the chority ond the ènvironmenl in which il operat85, we idenlili8d Ihol tho principal risks ol non-complioncg wilh lows and regulution5 related lo the independent school regulations, soleguarding regulahon5, heolth and safety requirements, GDPR, employment low ond chortty law ond we on5id8r8d the exlenl lo which non-compliance might hove a rn(718r¥al effect on Ihe financial slotemenls. We Glso considered those lows and regulolions thot have a direcl impacl on the preparolion of the linonciol stalemgnls such os the Choiilie5 Acl 201 l and Companie5 Act 2006 ond consider oiher loctors such g5 poyroll tox. We evaluoted rnanagemenl's incentiv&s and opportuniti&s lor hovdvlgnl manipulation of the linancial 51alements (including the risk ol override ol conlrolsl, and determined thol the principal rtsks wero r8laled to the irnproper recognition of revenue and monogement bias in accounling e51imate5. Avdil Pfocedures performed by Ihe engagement leam includtrd: Inspeclin9 eorrespond8nce with regulators and lax avihorilie5- Di5CU5sion5 Wlth rnanogernent including considerolion of known ol suspeclad instance5 of non- complionce with laws ond regulotion ond fraud,. Evaluatin9 manogement's conlro15 do$igned tro prevent and delecl irregularijies,. Revi6Wtng minute5 of goyernor meetings.. Identifying ond lesling journols, in porticulor journol èntrie5 P0518d ot the year-end,. Challenging assumptions and judgèrnent5 made by managemenl in their crihcal occountin9 6slimts1è5', and In5P8chng ond Teviewing the signed controcts for the trade ond 0s5el purchose of Ooklield Preporolory School on 31 July 2025. Becouse of the inhereni limilations of on oudil, there 15 0 risk thal we will not delecl oll irregulo¥ilies, includin9 those leoding to a molerial misslotement the financiol 5tal¢mgn15 or non-compliunce with Tegulation. This risk increoses the more thol compliance wilh a law or regulolion is rernoved Frotn the even15 and Ironsoclions reflected in the linonciol stoJtement5, Q5 we will be less likely to become oware ol insloncès of non-cornplionce. The risk is olso glealer regording irreguloiitlas occurring due tro Fraud raiher than error, as Iroud involvés inlèntionul conceolrnenl, Forgery, collusion, omission or misr&presènlalion. 48

ALLEYN'S SCHOOL INDEPENDENT AUDITOR'S REPORT YEAR ENDED 31 JULY 2025 A knrther description of our responsibilities for the audil ol the linonciol statements 15 locoted on ihe Financial Reporting Council's website al.. wY￿.frc.O ovdiloisres onsibililies. This description lorrns parl of our ouditor's report. Use ol our report This report is made solely to Ihe choritable company'5 rnèmbers, os a body, in occordanc6 with Chapter 3 ol Part 16 01 the Cornponies Act 2006. Our oudit work has been undertok8n so thal we might stole lo the charitoble company's members thos8 mollers we are required tro stote lo Ihem in on Auditols report ond for no other purpose. To ih8 lullesl extent permitted by low, we do nolaccepl or ossume r8sponsibility lo anyone other thon Ihè choritable compony ond the choritable compony's members, as o body, for our audil work, for this report, or for the opinions we have formed. Richord Weaver ISenioT Statutory Audilorl For and on behalf of Haysmoc LLP, Siatulory Avditor l O Queen Street Place London EC4R I AG 1011212025 Date.. 49

ALLEYN'S SCHOOL GROUP STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 JULY 2025 Unrestrlcted Funds School inated Rertykted Funds JIJULY 20Z5 JIJiILY IV24 Furd Notes INCOME Income from charltable actlvltles Fees rÈ£@ivaNe 32,141 920 197 32,141 920 197 3L177 923 97 other IrKome lTrcomEfromGenerated ￿ntt$ IKomEfTtknttsdin8 subsidiary 12 870 870 820 corne fromfundralsln8 artl¥ltlAs 5tri&utian ffam The Dulvlirh E5tste andGrdnts Donatlon5 recelvJWe 2,193 2,243 501 2,191 525 i/ 376 12S Income from In¥estlTh8 actlvltles Investment income and other inC¢￿e 895 L363 1,0 Total thcoffle 37.216 3&Z35 36.747 EXPENDThURE Expendltureon (harftable artfvites School cperatln8 costs and giant m3kin8 35,283 36,083 33.591 Eywwdlture on tfadlni act4¥ltles Expendiwre from tradlw subslL4ary 594 594 520 xpendlture OTr I￿ndr￿ls1￿$ ￿Et￿[lIeS undtalsln8 and develOw￿￿t 347 347 328 Total Expendkuré 36,124 37￿24 34J40 NEYINCQME BEFOPE TRANSFERS AND INVESTMENTGAINS AP4D LOSSES 992 125 1211 1307 Net galns/llos5È51 on in¥e5twnts TranslE￿ bEtsYenfund5 11231 L239 27 417 13921 NET INCOMeAFfER TRANSFERSAIID IPIVESTMENTGAINS AND LOSSE5 139Jl 929 3,Y6 IIET MOVEMENT IN FUMDS 929 3,S46 iy 1270 8328 56,645 FUNDS CARgJED FORWARD 27 IIA33 8294 40.sii 61.12Q ,191 All the obovo ￿$V￿S ore derived Irom conttnuing aclivilies. There ar8 no oih8r goins or losses other than th0$8 slaled obove. The noles on pase5 53 to 09 Form rin inlegrol part ol the linonciol slotements. 50

ALLEYN'S SCHOOL BALANCE SHEETS YEAR ENDED 31 JULY 2025 K¢8lstLYed Number: 09401357 GROUP CHARITY otes 2025 2024 2025 FIXED ASSEfs Fixed A55et5 io 42,585 19,516 42,609 19,798 42,585 19,516 42.609 19,798 Investnynts 62.101 62M07 62.101 62,407 OJRRENT ASSETS Debtot5 Cash at bank 3,712 13,001 2.159 18,986 4,272 12,153 2,568 18,244 16.713 21,145 16A25 20,812 CREDrroRS.. due wlthlD one yeor Creditors 14 17.2041 18,8691 16,9851 18.6B31 NÈT CURRENT ASSEfs 9,509 12.276 9,440 12.129 TOTAL ASSETS LESS CURRE14T LIABILrriES 71,610 74,683 7L541 74,536 LONG TERM A55ETS Debtors recei￿￿e after year 13 1.154 L154 LONG TERM LIABILITIES Creditors payable afterone year 15, 16 IIL,6441 114,4921 111.6441 114,4921 TOTAL NET ASSETS 61.120 60,191 61￿51 REPRESENTED BY.. ENDOWMENT FUNDS 17b 40,513 40,569 40.513 40,569 RE5TflI￿ED BJ14DS 17c 8,294 8,328 B,294 8,328 LINRESTRicfED FUNDS DESIGNATED FUND5 GENERAL FUNDS 17d 1,270 10,024 1.270 9,877 17e 11.433 11,364 61.120 60,191 61￿51 Tho fintsn¢i¢l stol8m8nts were opproved by Ihe Board ol Govemors on 4 December 2025 ond signed on their beholl by: M$ Loro Akande Josep Clerk tro thtr ver rs Mr Chris Stylianou OBE Bsc Choir of the Gov8rnors onlinidés ir o+ Governor5, Finon¢* ond General Pvrpose5 Commill&e The notes on pa98s 53 to 69 Form on inlagrol parl ol Ihe linoncial 51oternefits. 51

ALLEYN'S SCHOOL GROUP CASH FLOW STATEMENT YEAR ENDED 31 JULY 2025 2025 cashllowfrom opei¥tlh8 actlvltles Notelll 4,387 Cash flowsfrom In¥estln8 a¢tlvlti Payments to acqylre tanglble fimed assets Payments to acqulre Investmentsldlsposals of Investments Investment incorne and bank Interest recelved Interest payable 12,1991 IIA231 1,363 14661 1.016 16llOI Net coth loutflowlfrom InveMithK attivltles IL302 Cash flomrn from firiancln8 ac¢lvltle5'. New Loans drawdown Loan Repayment Incre35elldecreasel In fees In athance scheme 16001 14,0371 13.0501 9,831 Net cash loutllowlllfiflow from flnanclng 3ctlvltl•s 14.6371 7Bi Chan8e In cash and cash equlvalenrs Intr* reports￿ perfth 15,9851 io Cash ar0 cash equlwalents at the begin￿n8 of perfod 18.986 Cash ?rxJ cash equlvalents at the end of the re￿n8 pedod 18,986 Note111 2025 2024 Retontlllatlon of net lthtomè tu net cashflowfrom operailn8 actlvllle £'ooo Net incomiw ￿soUrceS fty the year Elinmnation of non-operatlng cash flows.. Invp51ment and interest recelvable Finance costs Deweciation charge Increase In debt(Ks IDecreasel/increase in creditor5 excludlng fee derN)slts Increase in fee d2pD5its 1,211 2.307 IL3631 466 2,223 117061 15691 692 11,0161 2,223 26a 11.2571 The noles on pages 53 to 69 lorm on integrol port olthe linancial slal8m8nts. 52

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 I. ACCOUNTING POLICIES al Basis of Accovnling The Finonciol Stratrements hove b8èn prepared in accordaThce wilh the Financial Reporting Strondord applicable in the UK and Republic of Ireland IFRS 1021, the Componie5 Act 2000 and the Siotemenl of Recornrn8nded Proctice applicable lo charities preparing their accounts in occordance with FRS 102. All&yn's School, the choritoblè company, is the corporole trustee of The Edword Alleyn Trust. The consolidoted linonc¢ol slolemenls reflect Ihe activities ol the group lor the year ended 31 July 2025 and the compaiolive omounls relute to the activities of the group for the prior yeor. The occounls are drown vp on the historical cost basis ol a¢counhng, as modified by the revgluation of Fixed a55et inveshngnts at markel value, consistent wilh the prior year. The Financial Staternen15 hove been prepared to give o "true ond fair" view and have departed from the Charities IAccounls ond Reports) Regulolions 2008 only to the exlenl required io provide o "true and lair view This departure has involvgd following Accounting ond Rèporling by Charities preporing their accounts in occordon¢6 with FRS 102 issued on l 6 July 2015 roiher thon the Accounling and Reporting by Chorities: Stolement ol Recommended Practiee effective from l April 2005 which has since been withdrown. The Chority has taken odvontO9e of the exemption ovoilobla to a quolifying entily in FRS 102 from ihe requirernewhl to presenl a charity only Cosh Flow Stat6meThl with the con501idaf6d linancial Statements. Thè Financial Stratsments presentr the Consoliduled Stotemgnt of Financial Activities I"SOFA"I, ond the Consolidated and Chtsrity Bolance Shee15 comprising the consolidation ol Ihe School and its wholly owned Subsidiary, Alleyn's School Enterprises Limiled IASELI. The ngt incoming resources ol Ihe Chority ore disclosed in Nole 17 lel. The Finonciol Sialemenls also includg the results, assets and liobilitlgs of Iha WJ Smiih Trust und9¥ a uniting diredion ol the Chority Commission. The School is o Public Benefit Entity, os defined by FRS 102, and o company limited by guarantee. It was incorporated on 31 March 2017 Icompony nvrnb61 094013571 and wos regi5ter6d os a charity in England ond Wales with the Choritl8s Commission on 27 Moy 2015 (Regislered Charity Number 11618641. Going Concern Having revigwéd the hjnding lacililies avoilabl6 to the Charity, logethgr wilh iha expecled demand for places ond the School'5 future projec￿d cash Flows, the Governors have a reasonable expectohon ihol the School has odequole resources lo continue ils aclivilies for the foreseeubl8 lulure and consider Ihol there ore no motèriol uncerlainlies over lh8 School's financial viobility. Accordingly, they continue to adopt Ih$ 90ing concern bosis in preparing the Financiol Stat8rnents os outlined in the Statement of Accounhng and Reporling R8sponsibilities on poge 44. Crilical A¢counting Judgemen1$ and K•y Sourc•s of Estimolion Uncertoirtty In the opplicotion ol the occountin9 policies, GovemoTS ura ¥equired to make judgemen15, e51imal6s ond ossumplton5 aboul the carrying volue ol assets ond liabililies that are not 180dily opporent from other Sources. The estimotes ond undeilying assumptions are b0$8d on historical experience and other laclors thot are considerod lo be relevont. Actual results may differ from these estimot8s. 53

ALIEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 The eslimotos ond underlying assumption5 are reviewed on an ongoing bosis. Revisions to occounling eslirnoles are reco9nised in the period in which thè trstitnote is rgvssed, if the revision olFecls only Ihal period. or in th• p&riod of Ihe reYi5ion and lulure periods, il the revision affecls current and fulurg Pgriod5. In the view ol the Trtsslees, no ossumplion5 conceming the future or eslirnalion uncertainty offectin9 ossets or liobilities ol the balance sheet dale or& likely lo result in a muteriol odjuslmenl lo Iheir carrying arnounls in the nexl financial yegr. The following accounting policiès hove been opplied con5islenily in dealing with items which ore considered rnoterial in relolion lo Ihe School's linoncial slotements. bl Incom• Incoming re50uices comprise tuition fees* grants ond donolions, inyestment incorne, intere51 receivable and othèr mis¢ellongous incorne ond are accovnled lor on a receivable bosis. Rènlol income on inve5trnent property is recognised on a stiaight-ling bosi5 Over Ihe lease term. The Dulwich Eslale dislribulions are occovnted for on a receivable basis but in proelice oll distribution5 org received within a given year. Donation5 are accounl8d lor 05 and when enlitlement arises, il Ihe amount con be reliobly quonlilied and the economic benefii to the School is consid8r8d proboble. Fees receivable and chorges lor services and use ol thè pr&mis$s, Itss$ ony ollowance5, Scholarships, bursarias 9ronted by the School ogainst those lees, bul including contributions raceiv6d from rèstrictèd fvnds, are accounted for in the p&riod in which Ihg servic95 (Jre provided. cl Expendilure All expendilure 15 accounled for on un occnjals basis and has been classified under heodin9S thol aggfegole oll costs relating lo thal cotegory. C0513 of activilies In fuiiheronce ol the Charity'5 objects compfise expendilure dir6cdy rèlotèd to the provisio of education along with Ihe rèlotod supporl costs such os rnanagemenl and professional lees. Governonce C051s comprise non-charilable expenditure required to fulfil stolulory requirement5 ond are in respect ol the C0510¥ ovdit and Tru5tges' rneelings and are included in support aclivilies costs. dl Tangtble Fixed Asse15 and Deprecialion In 1995 the net book value of the building5 were transferred to the Governors ol the School from thg Governors ol the combined Board of Dulwich College and Alleyn's School and in occordance wilh the Scheme Form part ol the Endowmenl Funds. The Iranslerr8d nei book valu8 consisted of expendilure on buildillg d8veloprn8ntS Since 1960. The GovernoTS conlirm Ihal information relohng lo buildin9 developments prior lo 1960 is not readily available 05 the School hod ot Ihol lime an accounling policy lo write OFF any copital expenditure on buildings. Such buildings ure Ireoted os inolienoble as the School is unable to disp05e of them os they are endowed. Items of fvrnilure, apparotU5, ond equ¢pm8nt C051in9 les5 Ihon £1 0,000 are charged against income in the year ol purchase. Depreciotion is provÈded on Fixed 05sets lo write OFF their cost less eslimoled r6siduol volua ovgr their estimated ¢Jselul economic life by equol ann4Jtsl inslalmgnt5 as follow5.' 54

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 School buildin9S Rool ond slruclurol work5 50 yeors 20 years l O y$ors 3 to 5 yeors 3 to 5 yegrs Building services ond lixtures FixluTes, fittings and equipment l.T. hardware and 5ofvare el Inygstmènts Invéstmants held lor the long-terrn to 9enèrote income or capilol growth are carried al market value os lixed ossels. Reali5ed goins arè the diFFerence behyeen salès proceeds ond opening rnorkel Yalue where the investmentr wos held al the beginning of th& year, or sales proceed5 less cos1 of purchose where the investment wos acqvired in Ihe yèor. Unreolised gains are the chongè in volue of investments ofter toking inlo occount ony rnovemenls in investment holding5 such as purchases and disp0501s ol tnvastments. Reolis&d and unrealised gains are occountr&d for wiihin the Sialement ol Finoncial Aclivilies. Inveslmenl properties ar8 valued as individual investm8nts initiolly althe cost ol ocquisilion ond subsequently revolued ot o fair value where thi5 15 moterially different. Purchases of investmènl properhes ore recogni59d on exchange of controct5. Leases Renlals paid vnder operalin9 leases are charged to incomé on a straight-line basis over tholgasè term. gl Funds The choritable trust Mnd ol Ihe School and ils subsidiories are accounted lor a5 unreslricled or restricted income, or as endowmenl copilol in occordonce with the lerrns ol trusl imposed by the donors. Unrestricted income (known in the Finoncial Stotemenls as Generall belongs to the School's corporate reserves, spendable ot Ihe discretion ol the Governors either to furthér the School's Objects or to bgnefii tha School itself. Wheré the Governors decide to Sel osidè any part of these funds to be usad in the Future for 50rne Specific purpose, Ihis is accounled lor by Iransler lo the appropiiatè d6signaled fund. The pvrposè ond use of the designoléd unreslricled lund5 are 591 out in the noles to the account5. Restricted income Mnds comprise unexponded bolonces ol donotions ond gronls hald in Irust tro be applied lor speeilic purposes. Restrictions orise when specified by the donor. Permanenl endowm6nt Mnds comprise tru51 lund5 which ore subject tro specific trusts declored by the donors or wilh Iheir outhority. The condition of the trust is Ihal capitol elernent 15 nol expendable. The income oris¢n9 from the iTrve5tmentrs is applied only in accordonce with the conditions imposed by th8 donors (where specili8dl or for the general purpose5 01 the School. In addition, the endowed Funds include additions to th& endowed land ond buildings given lo the School. These Funds ore held by The Edward Alleyn Trust. 55

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 h) Pensions During Ih8 year, the School partrcipatad in Iwo pension scheme5-. the Teachers, Pension Scheme and o defined conlribuhon personal pension scheme. The School p¢Jrticipoles in the Teachers, Pension Scheme I'th8 TPS'I lor 115 leaching slaFF. The pension chargg for the yeor includes conlribulion5 payoble lo the TPS of £3,969,781 12023-24.. £3,792,977) ond al the yeur-end £2,238 was ocerued in respgcl ol conl¥ibulion5 dve from Ihis 5cheme12023-24.. £2,238 due from this schemel. The TPS is on unfunded mulii.employer defined benelits pension scherne governed by The Teochers, Pension Re9vlotions 201 O lus amended) ond The Teochers, Pènsion Schème Re9ulotions 2014 los arnendedl, Members conlribule on o "pay 05 you go. basi5 wilh conlribulions from members ond Ihg ¢mployer being Credited k) Ihe Exchequer. Retirement and other pension beneliis are paid by public funds provided by Parliamènt. The srnployer conlribulion rale 1$ sel by Ihe Seer8tary of State lollowiTr9 scheme valualions Under￿ken by the Government Acluory's D8partrnenl. The most recenl aclvariol voluohon ol thé TPS wa5 prepored as ol 31 March 2020 and the Valualion Report w05 published in October 2023. The Valualion Report $how5 notional assets of £222.2bn and liabililies of £262bn, iesulhng in a scheme deficit 01 £39.8bn. Thg employ8f contribulion rale for the TPS is 28.6% ond ernployer5 are olso required ￿ pay o scheme odminislralton levy of 0.08% giving o lolal employer contribution rote of 28.68%. A strt7keholder pension Scheme was made ovoilable lo new 5totF From February 2014 al the some hm& 05 auto anrolmont W05 inlrodvced. The scheme is provided by L6901 & Gengrol. 56

AILEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 il Advonce F••s Thi5 is o scheme whereby por$nts and other5 rn0k8 advance poyments, which together with the discount occruing Ihereon, provide for o sel contiibulion each term lowords the ptJpils' fees. The capital portion outslandin9 is raeognised a5 a liability ond the amounl ol discount crystralli5ed in the yeor is included in the income ond expenditure occount under finance char9es. jl Holiday Pay Accrvol A5 required under FRS 102, the School oecrues holiday poy lor its staff. The accruol reflects the cost of annual leove thol hos not been token by staff al the end ol the financial year. 5.7

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 2. cHAR￿ABlE AcnvrrrES. Feesrttdvable 2025 al Fees ieteiv¥ble COn￿$t of.. Gross day fees Otherfee5 less allowarKes Note 35,987 422 34,926 381 35AI3 34274 Les5 grants, awarf5 and pri￿5 funded by the khool.. Scholarshlp$1Sncludes mtans-tested schdat5hlp51 Means tested ￿rsarieS and otherflnanclal support 19 19 17071 16991 12,7691 Fee$ r￿01¥able Add back.. 5cholar5hlp5 bursarles pald for by restrfcted funds.. 31W6 555 371 Na¢ lee5 re¢el¥able 32,141 3L177 bl The total scholar5hlps and bursarles r¢¢el¥ed from other fundston￿$t of: Restriited- Aleyn'5 SrhoDI Awards Fund Ilncledon/Fennerl Restricted- Saddlers, Fund Restricted- WJ Sttith Re5trfcred- Peter LarMr Re5tricted- Advancin8 ￿leyn.S Restricted- ￿aTh Weln Restricted- constan￿ Fund ftestritled- 400th Founde¢5 Bursary Fund Restricted- KAAB F￿ndatIon 25 50 206 25 141 33 25 25 25 17 50 156 25 22 26 25 25 25 555 371 Schdarship5, I￿[53￿e5 and otheraward5 were pald to 551 pupS1s12023-24.. 5291. Wlthln ihls, means tested bursarfes Iln¢ludin8 hardship bur5ariesl totalliry £3.1rn were pald to 148 pwlls12023-24.. bursarfes of £2.8m paid to 121 puplsl 3. FUNDRA151Nfj. Esre Trusteesand Grants Unr¢strl¢ted Pe#il¢ied Endowed 2025 The Dulwlch Estate d1stri￿tIOn5- Annual Grant The Saddlers, Company Gtant 2.193 Z.193 so 2,193 50 20Z4 The gulwlch Estats distributions- Annual Grant The Saddlers. Comparw G￿nt 2,141 50 2,141 50 1191 4. CHARITABLE ACTiwnES. Other Income Unrexrl¢ted Restricted 2025 Unre51rfcted Restrl¢ted iOZ4 Staff ￿nts Other leTrngs and IrKon 33 137 137 197 197 97 58

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 INVESTMENT AND OVHEA INCOME un￿5111¢1¢d Schvol UTrrestrlr¢Bd A•strlcted EThdowad 2025 InVestN￿l Income aDdwherlrKomÈ Royalty Sn¥esimentincomefromWJ SmithTru%t BanklDierest and inve&tmÈntpropertyincome Profiion di5PD531 of tswibie Ilxedassets 2S9 Izi 342 U5 34Z 616 636 463 VTrrertrfrt4d School Unrestrlcted Denate R•#rlthd Endov4ed ZOZ4 Inveslrrpnl and0t￿r1r￿4Me Royaltyand intonfromWJ SmSthTrnL4t Bank Inter&t and Investrnent prope￿ [r￿l￿ ProtÈÈd% on41sposal ol ra￿lble fixed as5Èts 253 118 260 376 260 3UO 633 378 ¥0 &STAFFtIISTS Total 1ewurwexpEnd￿ Included thefollowlni a8(￿ate vyrpll rtsst Wa8e5 3nd%alaries 31 seturityCOSts PensltM COMrfbudons 20,008 2,342 4.259 26.609 24M6 DLvlh8 theyear, tenr￿natIon payrents y￿re made4f £100,48712023-24.' £49.6671. Full tlrneequfvahnt 2025 2014 No. No. Th4 numberof employeeslsBfven bÈknvr. Z015 No. Toachlng st3ff Trknntsachlng staff 178 410 181 423 164 19) 162 182 9$4 ND Giwemors, wr any persons c￿neCted wlth the￿ ￿Ve recel¥ed any re￿￿￿eratiOn. Exppn5es of £M wre ￿l￿￿u￿ed to Tru5tee5 12023-24 £4421. Part Iiwe 5tsff nuthet5 irtclude staff on iefo hwe, £ontsact5. Ze¢0 hour staff IrKI￿e.. exam In￿g11a￿ars. Sports asslstants. ho11day c?mp staff, bhr assistsnts, after-5chwl<are <over. 88p yearasslstsnts and duty rnanagers. The of staff have Incre45edas A%EL'S conMNrclal arOconimunitywork ha5 Intitased. 2025 ZOZ4 N4£teiate reMUnera￿on of k￿rn￿￿￿emèntl￿ts0fftneI'. 2.696 1282 number0fcmpl￿t1 kneenKAumnts exceeded W.1XKlv￿re.. 202S NL￿￿r Number 45 37 12 É&)KKJi- £70￿ £70,￿1. £80. £W,Wi. £W.IKKI £￿.l¥)1. £iOP.O £ioo.wi- £110, £I10,￿l- £120,1 £120,001- £130.L £130,001- E140.( £1410.OQI. E150,(IK) É150,001- É160,r £190.001. £2CQ.( £210.001- E220,(W The IKreasednuthrol 5tsff fallln8 Into the b3ndlng$ 15 due ty rnrmil Trw51ne55 gradif and 1nna1onèryln￿?ses. 59

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 7. ANALYSS OF EXPENDITURÉ other dlrect costs Depreclatlon 2025 Total Slaff cost5 Expendlture on charltable actlvitle5 Friends. Community & Comrnercial pr￿rdrM Teachln8 Costs Welfare Prernises Suppart Grants, awards and prizes Govemance Finance costs 81 16,956 1.232 1.460 6.086 81 10299 2A66 4,702 7.213 2,463 811 2,665 423 577 343 56 466 56 25A15 8,045 2223 36.1183 Expendlture on fvndralslng actlvhles Fundraisin8 and developtrÈnt 272 75 347 Ey4)endliure on tradln8 actlvliles Tra(fing Subsidlary 522 72 594 Toi¥l expefided 26￿09 4192 2,223 37m4 other dlrert costs Depreclatlon 2024 Total Staff Co￿$ ExpefiIltu￿ tsn ¢harlt•ble actlvltles F￿ends. Comiunlty & Commercial Pro8ramft Teachlng costs Welfare Pre￿Se$ Supwjrt Grdnts, awards and ￿leS Governance FinarKe costs 112 15.410 1,096 1.470 5.351 112 18.584 1364 4,580 2,294 423 576 343 2,534 966 577 35 577 35 2aA39 7,931 2.222 33.592 Expendlture on fundratsln8 a¢tlvltles Fundraising and development 247 81 328 Expendlture on tradlng actlvltles Trading Subsldlary 59 520 Totol ey4ehded Z4.146 8,071 2.225 34,440 2025 2024 ewo Expendllure on support and 8overnance activltle5 Staff costs Commnicatlon costs Othersuppcrt costs Governance Allocated depreciatiel) 6,086 151 632 56 343 5.351 236 730 35 343 7,268 6,695 Expendltufe Include5'. Auditors, remuneration f(Yaudlt servlces Auditers. remunerdtSon ftruthèr semtes Derxeciatien 36 20 2,223 2,223 00

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 8. ANANCE COSTS 2025 £'o 2024 Fees in advènce debt-flnancing Bank interest and othercharEes 61 405 33 647 466 9. TAKATION As a re8istsred charfty, Alleyn's khool is not liable to income tax or cowratlon tax on Incomp derived from Sts charftswe activitles. 10. FIXED ASSETS Leasehold & Freehold BulldlnÉs Fixlures, FlttlTr8s & EqulpmeTrt Group Foxed Assets Total Cost At l August 2D24 Addltlons Capital Goods kherr Disposals 64,818 3.389 11,3151 5,749 125 70,567 3.514 11,3151 At 31July 2025 66.892 5.874 72.766 Dppre¢latlon At l August 2024 Charge forthe period Disposals 22,945 1,957 5,013 266 Z7,958 2,223 At 11 Jul¥ 2025 24,￿1 5.179 30,181 Net book value At 31July 2025 41.990 595 42￿85 At 31 Jul¥ 1024 41,873 736 42,609 Axed as591sare athalysed between fund5 a5 lollows.. EndownEnt Ge￿ra1 39.597 2,393 39.597 595 At 31July 1025 41.990 595 41.585 fixed as5et5 are wholly used forthe direct charitable purposes. The Schod has elected, In accordance with Section 35.l0ldl of FRS 103 to use the carrying value at l Augusr 2016, the date of the transitlon ro FRS 102, of any of the above freehold and buildings p￿¥10￿1¥ valued at valuatlon, as their deemEd COSL The 5chod acquired the assets of Oakfield Preparatory Sehool, valued at £1.9m by extemal waluers, as at 31 July 2025. Capital Goods SchemE refers to the reclaim of VAT from HMRC on caplt31 projects that were coM￿ered in the past 10 years, accordance with HMRC'S Capital Good5 Scheme for VAT. The reclaim of VAT reduces rhe cost a5 0ri8inally stated, and the ￿clairT}WIll be wde over the nexi 10 years. Z025 2024 Arn￿nts contracted relating to future capital expenditure at 31 July 397 209 The current sum Insured forthe Schty)I's bulldlngs and properties, t￿lUdIng content. 3mount5 to £145m12023-24 £130ml. 61

ALLEYN'S SCHOOI NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 11. INI￿sTMENTS T￿ Group's s￿￿￿5ed￿u￿.' Marketvalue 2025 2024 fjROUP ANOCHAIITY Al￿¥￿,5 lThvesthYm Fund Shareol Dulwi¢hSchcds InweStnnt FL￿d I￿t￿¢It Ptwrty 17.436 16 2.064 17,718 ifj 14,625 15 14,625 I9￿16 11705 705 CCL4 IfNestnnt Managennt manage allthe Sctrth'5 Snwesvrnnts, vAlh except￿￿ of tre |n¥esthnt propety. 20Z5 At l A￿￿$t AdLItiOn5IlDi5p￿akSj Unreallsed nei 8alnsll1055esl 19.793 1&5S9 12851 L239 At 31Juty 19.516 The IrNestnwnts areanalysedas Idl(ry¥S.- 1974 11021 Ll46 2.856 413 11287 1,162 1552 3,717 Flxed Ir¢rrfre Multi-èssets ar￿Alternatives Cash Total valuèollts¥•stm#nts 17A36 17,718 ApropEtiyw35 aCqUitEd byth￿ khDd in Nmmber2015 3rd 1115 held forinve5fftTht purposes aThJ not krfthe Schocl's actI￿lIes. It ￿ a reSiden￿al w(wetty let¢￿t on m)rketJnd valwd Dlortw at £2.Wk. 11. IN%￿STMENTs w $118sirwiY UNDERTAKIN65 2025 2fy14 Inve5fvnt inAlleyns's EnteTprfses Li￿ted l ￿EL"> Investment iDAlleynS'S Stknl Inter￿tional LiNwted I'ASIL I OA 28thFebNary 2022, ￿LWa5 inc(ryTrtsd. It ha5 rernai￿ 51nre ihen. The Schwl ih? ent1￿ 5Foreca￿tal ¥Yhlch cffjses Ot2£1slAres. 2025 2024 A MM•rfsed Poflt and LDSsArcDunt lorASELl%thawTr bdow.. IncoFr ExpènthtLYe 87Q 820 IW21 Th# bAlane shètofth•Cornpany l%wThfflarlsod asfoll 2025 Flxed Assets CyrrentAssets CredStc 925 772 16251 147 The SE￿ thee￿re share vf the ¢tyiyny %thlrh ccffjse5 of 2 El sha￿$.A5 a131 ILly2025. ASELowed theSch(d £637.77012023-24'. •SEL(A4t6 th8 SchDd £439,9B91. 62

AIIEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 I. DEBTORS DEBTORS-f41kni duewkhln ye•r GROUP 2Q24 TU1￿￿. ènd exèm feos P￿p3￿mentS & accrued OthwdebtL¥5 EL debttys 0￿d by A%EL 359 89B L312 1.311 22 635 3.712 2,159 4.272 Otherdth Includes a de￿￿1t0t £8(11000 Wd att￿ballk Thi5 heldJs J gu•r4Thteeforpen5ion cothbuti￿S reswttot￿TQache￿, Ppn510 heff YpoThI￿Ory￿￿a￿l0Th. 0th8rdeb10￿ èI$41r￿L￿$ £16QklnrespKiolthe 2024-25 Capitsl ie¢blmduÈfromHMRC in2U25-26. OE8TORS- lallln¢duÈafttronewr 6ROVP &L7IARff¥ 2025 Amountsf411knB du•afte¥ we year Cathl G(rfrfls S¢hemÈ 1.154 (￿P￿•1 GoDdsS£h0M•lalllngd￿ wlthinonpyei tDfiYe ytais theieafttr 160 754 4rM) L4 GROUP CHARrr Z5 I& CRED￿01$-I￿vknS duèwlthlnM•y•4r 2024 Bank I￿ll5 Ath￿￿￿tfe¢S de￿￿lts Tax. NatioDil InSurnrfeatsJrenslw5 Oth¢itreditrAs ounts due IQASEL ts dv¢ ￿ ¢a￿tal ￿￿1￿Cts Tfède Creditors and Otr￿rIc(￿3l5 Lueditons rivteJ5 r4ut¢J6 Nott16 600 3,U17 348 3.017 4,200 262 4.200 262 1,032 929 316 1.057 929 L057 1,647 219 l515 185 1.647 8.B69 15. 5EtUHEDtOAIIS FORIANOANO BUILDING5 GIOUP & QIARtrY Dqvelvpmpnt Lind Total At IAugust 2024 DevelopThntLo7TriDpeiiod ReplYn￿￿of Ltsatt irt 5.950 Al3lJuly 2025 sjso 5.350 21J24 Fllllni dueforrep4ymeDt: thln yèar DtollveyeaLS thprtèftet 4,750 S.350 5,350 A |¢an fadiityaBreempntlLVten yeaL YJèssl8Won 210clobei I016&￿d￿￿￿fiTh1S forknJ51dlng tr newLowOrSctr￿ arl othprdEYd¢mrtwje¢is. ThÈ lo&ni secuied OD ihp tipp￿1￿5 the Junlor School ar￿ spvernl anrill?ry w(È¢bes OVJned by ts 5chod. Inte￿51 55 piyable at a ¥al￿ble rnte and loan repay￿￿￿15 4f £I50k4￿ made èathquarter. ￿til ihe remainin8fi0èl bullÈt pay￿ntIS made Orwkr2026. Post 31 July 2025 a new luin fa¢il1tyaÉreeni￿tW1th a total valup of £￿.5￿h#S bÈÈrtaE￿Éd vAth NS8C Bank￿( to p￿Ide for thèkknl's Ca￿trI buSMI Yoiects ty¢tthtMextfÈw¥ar5 and￿ Barrlay5 loBnfacilityWFII be(epJld.ThDfiewlocilrtya8reen*Dtwill bythe6￿tdoI 202S.26

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 16. CREDITORS- due after oneyear GROUP & QIARirY 2025 2024 Amounts fallln¥ due after one year Secured Bank loans Advance fees Fee deposits 4.750 4.259 2,635 7.113 2.029 11,644 14,492 Fee5 In advance and fee dep051ts fallln8 due for repayment: thin one year two to five yea thereafter 3,366 5,W7 1,886 4,462 7,407 1,735 10,259 13,604 17. FUNDS Gl The netassets are held forth& varfous funds •$ follow5.. Endowment Remrlcied De48nated Gethttal £'ooo 2025 GROUP Tangible fixed assets Investments Investment Property Dulwch Scho￿5 CL￿rnn Irk¥estrnent Funds Net otheras5et5 8ank108n 39,597 9.641 2,988 41585 17.435 7.614 16 15,4551 15,3501 16 4.370 15,3501 680 7C¥J 8A45 40,511 8.294 14433 6¥120 Endowment Restrlrted Inated General 1024 GROUP Tangible fixed assets InvestrfÈnts ItwestnEnt Property Dulwich Schods Investment Funds Net other a$5ets Bank loan 41,372 9,798 2.064 16 16.7311 15.9501 1,237 7,737 183 17.718 16 3,734 15,9501 591 L087 8,787 40,569 8.128 4270 10024 60,191 64

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 17. RWDS l¢ont1r￿dj bl EDdowwl fund rnwemènts the yearwere Js fd1{￿.. At I Au8USt Z024 £.￿0 At3lJu ZO25 EXp￿￿k￿re TraDrf¢r4 Ioss GROUP ANDOIARirY Alleyn's Award5 Fund Dul¥vSch khllo15 InVest￿nI Fund5 Allw's SÈhts￿ lrtvestment Fund BuldifS Fund 4fAlth Fwnderfs Bursary Fund 223 16 10,899 28￿64 867 220 16 I￿758 1&539 IZ51 125 40￿69 125 40.sts At I￿SU$r Inv•ttthnt Galn At31Ju lTrramÈ Ewhdltu Transfers GftOUPAND (￿R￿y Alleyn's scho￿ Aw4Fd5 Fund Dulwlch5choL4s C(thth)n INestrnentFund5 Alleyn'5 kh￿￿ Investment Fur 15 16 10.281 26.201 767 618 2,363 245fj4 4fXMh Founde15 8uL5aryFw 48 52 37,473 63 '$￿￿•01 A A5AF vfds set upon 18 Wl 1995 InordErlo pw1 lu¥etherall ottheschool's sundry5chdaryhip. priieand nmstellaneous tWStfunds wlhin onÈ stheme. AIIB 'sSrhtsol IhvestM•nt 5 5etupln 199S In￿￿￿1t0prVlde Investffort irKLwre F(Ythe s(￿.$ discietlonaryu5e. In a¢¢tydance wlththe 1995 5CheMe.the&Lll￿￿￿￿a was Set up as a reSU￿of a transfeiof the rtt bfy)kvalue of bulldlr¥5 Sn 1995 Dul¥AchEstste. FdlowlnK recelpt¢f haAtyCorThMIssion approval In ZIW. GuvttTh)rs aCCQLlIt forthe funda5 follow5.. 111 The npt Èffect ol add1t10￿ and depreci?lion lln en￿w￿rtI buildln8s aThJ loan fi￿ncIng I¢5uIt ￿n a transfe¢ of lunds between Unresirkted and the Bulldlr65 Fund If ¥ deficlt èrfses on the u￿StrIc1ed Fut￿5, an Inter-fund loan Is ￿￿e￿ by the Unre51ricted to BullL1￿5 Fund unDI Such 45 the Unrestrfcted Fund hJs suffirient resource5 tornake Ihett8nsfer. 1111 B3nk104n5 and0ther$￿V1-teImts￿ro￿ryS forlhe puwts the permanthit endownEntland BnrlbulldifS areèllowed lobe sei off pgalnstthe Bulldlr65 Fund The 400Lh Fwndees 6urSaryFU￿Was set upln 2019and It5 IncTh thJrfn8th¢vÈarfeNÈsÈnts dona￿￿ recelved for ￿r$￿TiES ￿t￿ley￿,5. Ths Is an e%pendaWe en￿(￿wrnEntfll￿1 %¥hich ￿11 be inYestedt(>BeneratÈ iil¥estmertlncompiofvDd bur58rie5 In ￿rpetu1ty. 65

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 17. FUND5 ltotstlnwdl cl Restrlrtel lcomefundi I￿lUdE Aleyn'i 5chlld Re51rf¢iedar¢ Warshlr6 A¥¥èrds Fund. S3LWers' 5chcla￿h5P FU￿ An'5 fvJnd. the Wave Y￿D￿r Fund the zoe Trmrfey Fun￿ all af YJhlch were orfglnally set up from donètlons to asslst wrdls. w.J. &Tith Tw5t ha5 l￿￿￿￿￿￿regated Inthe GTwp¥tounts aThlwas set up llitièlly tyè donèton andthpna bEquestof ￿altIeS fromthe cc4ryos1d(￿ OF the late kckidnch￿ry. inwderto &551st pupils V•ith musical swty. Tr¢ Snc(￿ 5s tolur W.J. Smith butsinesofwhich there are currendy IQ. The PetetLattknr BLYsary Fundwès a dL¥￿ti￿ toFYavith fee assists￿& Yfflth￿ eJucètbno pupll thr¢u8h(4Ptthelr 7 yea[5 at Seniarkhod and will be re-Jlh¢ated w ) new every 7 yeats. The Njan Wein 15 funded ￿ Ernst & Yaung In of thelr late partw fEthr IuThu5 of thp SChL￿. tt Is fundlry wpll for se￿n years at the ènd thri puwl In 5eptenthi 2020. fv Con5tante Fund pTtyldes fee asslstarKe duca￿on0f pu￿1 I￿r￿hOut thelr7years attheSenltyS¢hocA fromSÈptembÈr2U22. Thh)venrts durfnB the seafvrtrt as fdltrhs.. At LA￿￿51 2024 Ihvestrn•nt come expendrtur Ttsnsf¢rs GROUP AND C114Rir Advancing ￿l￿'S Fu Sadd￿r5, Fur PeterLarnn￿rSu￿aryF￿ larothpr Pwp05e& IASAFI& IrdedonlFonrer6ursary diN)th 8ur54ry Fund Con5tanc• Fund Wein Fund WJ smi1hTn￿t Wave Yi-lpr But5aryFur loe ￿￿e¥Fu 1,210 340 1,124 1501 1251 711 [170 1201 ¥iBB 21 21 31 342 749 14 711 Iz 4.515 I21￿) 27 1800) IIZ3 At t3lJuty 202a ¢orthe Expendttur• Th￿51￿$ Glln GROUPANDUIARIIY A#vaTh¢in8 Alle￿1$ Fund SaddlEfS' Fur p8terlam￿Ér Bur5aryFw Fund& Iwother Pyrp0s¢5 IAWI& I￿￿d￿Tren￿ra￿sary 4IMhh Fwnder's BwsJry c￿$th￿¢e Fund APJn Weln Fund WJ SpnSthTN5t Wave fi-Dyer8ur5aryFund M￿@V￿j￿1 449 50 50 92 1,042 21 701 li 4ts13 27 52 29 260 297 27 F771 541 dl P￿￿{und￿cOnSISi0{ the L8. Clltfotd Bequesithe Edwa￿AlleY￿ Fwdandthp Faurthrf5 8ur5aryfwd. ThE u5e01trsefv￿ts hi¥e beendesl8Dated tyGLwem(rfs gobe used to lund tested bursarfes.The EdwardAlleyn Fund Is up olfund5 réctlvedas lfflcome dlstributSans Ou1￿Ch Estste notspent on bursar￿% each year. estsbI[s￿ Inthe parended31 lyty2012. The Fwrthi's Butsèrylund t￿￿51￿[ r8pre5ents rnlchedfur￿Irg fromtrt Edwrdfvjleyn Fur4 f¢rfthJnèti￿S during th yearlrom E￿￿OI91e1ephtsl?Ca￿1ITh. This syas tythe Bo3rdon I3ju￿ 2018, uptoa £1WKW￿I¢h￿as ￿ached1￿ 2021-22. Muvements durfn8 thevearknt￿ as FdhTrJS." At IAuiurt In¥estMent Lo At311u OUP ANO QIARIry INorne Expendkuie Tr•Th￿r$ 2D25 A.B. cliffU￿ Bequest EdwèrdAllw Fur dQOth BuTs4ryFu 251 519 13921 527 270 At IAuiu 2023 ¥estmtnt Gal At31Ju GROUPAND(HA•IIY Iwome endKure Tr•Mle 2024 A.B. ClifFordBEqU25t EdwJTdAllyn Fynd 40Llh Bwsary Fund 233 L212 251 919 13

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 17. FUNDS Icontlnuedl tl The re#ikted General Fund represents general Income and eXpendItu￿ witNn year, ￿thIch is apF4ied tovaricdjs spetifi¢ Items benefiting thE whde 5chotl. Movements the yearwere as foll4Jws'. AI I Au8USt 2024 At 31 hly 2025 GROUP Incorne Ewhdlturo Transfers General Fund 10.014 37,116 136.2241 417 IL433 .014 37.216 P6.2241 11,433 At l August 2024 At 31 July Z025 OFARITY Ih¢ome Empendlture YrJn5fer5 General Fund 9,877 36,700 135.6301 417 ii,a64 9W7 36,7LKI lJ5hg01 417 1¥364 At I Au8USt 20za At 31 July 2024 GROUP Income Ewndlture Translqrs General Fund 10.166 35,791 133.8631 12,0701 10,014 10.166 35.791 133.86Jl II0701 lo￿• At I Augu51 Z023 At 31￿1V 20Z4 OIARrrY ¢ome E￿endItUre Tran51ers General Fund 9*37 35,454 133,3441 12,0701 9,877 9￿37 35N54 PJ.3441 .9￿1 67

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDEO 31 JULY 2025 18. PENSKIMARRANGEMEIITS TrSchaDJ p3ty¢lpated hntsvpensimsc￿mes during yoai. 11 ThE Sch￿￿ Is J dellned schew ènd lully and Is aJmlnl$iwe¢ by the Teache￿. Pertslons N4en¢y. to the Scheff¢ ￿￿ dete￿lled G￿l￿rn￿nE Attuary pal¢ owerto the Exche4uer. The (uttenfem￿￿&r ContrtbU￿Orn$ of the scho￿ ¥¥ets 28M%12023-24.. 23.68% 31 MaT¢h Z024 and 28.68% f￿x￿ I 120241. EmrAoyee rwtrfbutbn Mtes are ba[￿ed, ba5edon 54l&rylevel. 7.4%and 11.7%12023-24.. 7A%- 11.7%1. 21The se¢rrfscherne 15 a stake￿￿e￿ pension by Le841 andGererèl.whkh Is 4peTrtoallstèlf n0tlTrthÈTeach8￿, PenslrAisthMe. 31 Until 30 June 2023, tho SEhod partl¢lp3t&J in a defined bpnplit 5chpmp lor ad￿nIStr411￿e and anclllary staH. adnI￿$tered by thp land￿￿ Per65an Fund A￿th&￿ty in ccwdance yAth the rules Jnd Valuat1(￿ of that Fund. On 27 MèFih 2023 Board of G0￿M0￿ tiok tr rtecisithi to fu1￿Clus￿ the Sc￿￿￿ te5ted butsèrles. Kh•tshlp5Ind prf Alkyn's Bursèries 2,645 20 d75 Otherfinanilal 5UPPQrt 375 Non.mR4nitEStod awBrdJ Ac4LkndtSchdJr5hlp$ 4nd OlherawèKd5 6ianis w4id5aThd PrI￿SI￿nded bythtschool 3,B27 The Nthiof Fwi15 bEnef4tyn8 frrm5¢WJrsNps. bJrsartE5. and award5 Iva5 S511￿23-24..5?9j. NqtTultlGn Netlees Fee Reduciton- Means-iested Fee Reductyon- N(*Fmeèns-tsstsd 3SA13 13.1401 34,274 12,8051 16631 20. OPEVITING LE•SE U)MMrrMEpiTS I￿5 Propwty Oth Pr4)Pertv othEr F4111nKd￿ l•riopJyrnert'. vhthlnrye year iofNe years after 403 1,227 7.411 107 149 148 182 9,041 156 The inCfea5e iTrQperats￿ le4Je c¢bThrIt￿￿ts 1sduetotkawJKsiti￿ofth￿ ￿￿￿e5 tylthe pKyrtles atAllewVs Oakfleldat31 July2025. 11. ACQUISITION On 31 July 2025. the a¢guifyd the trnde ènd 455ets lll Oakneld PTeparaiory SCW. The has taken ￿leT the at proportles on pa¢￿ Al￿ ar s5oE￿￿ balJnce$ 45 at311Lly 2025.Oèkfield PtepèratorySckn& rrfxvcalled Alwns Oakflefd. èndf¢NYts partdthe CL￿5014¢￿ted Alleyrfs scho￿ Group. 22. POST MALIN￿ SHEEfEIIENT Pv5t 31July 2025 4 newloan l1c515ty)Eteewrf441h a total valueol £30.5m ha5 bFen4greed wlth HS8C Bartrt rAc t0￿de funds fty CaP￿ts1 ￿j[1d￿n￿ wr4ects 0￿1 the r￿lE￿¥tal5 thp Barcla￿ Ivanlaciiitywbll be repald. newloanfaci11tyvAII be apsKv4od by the Boafdof Go¥emots in 2025-26. 68

ALLEYN'S SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 23. RELATED PARTY TRANSACTIONS Alleyn's School 15 conlrolled by the Boord ol Govemors. Mr Chris stylianou. Governor and Chair, is the director of ihe corporate trustee for Dulwich Service5 Limited, whieh manage5 the aFfairs ol Dulwich Schoo15 Common Investment Fund until 31 Jvly 2025. Tran5action5 with Dulwich Schools Common Investment Fund include.. Inveshnenl shore of the Fund £16,24312023-24.. £16,2431 The Heads ol the three Dulwich Foundotion Sehools are appoinlgd os trustees of the Dulwich Piclure Gallery oft o rotational basis. The School mode an annual poymènl of £ l 0.000 lo the Gallory tro pay lor School trips and admission for stoff and pupi1512023-24.. £10,000) The Dulwich E51ale, o registered chority, has been known 05 Such since 1995 ond grnonates from Alleyn's College of God's Gift at Dulwich. Edward Alleyn, o successful actor la contgmporory of Shakespgarèl ond entrepreneur bought the Manor ol Dvlwich in 1605 and, in l 019, established hi5 Collége in Dulwich. Alleyn's School is one olThe Dulwich Estate charity'5 bonsliciories, continuin9 to maintoin the aim of Edward Alleyn to provide access lo education through schools. Transactions with The Dulwich E5kJle include.. Estate dislribulion5 raceived: £2.2m12023-24.. £2.1 ml Propety 6xpendilure paid ornounling to £ I10,81912023.24.. 295,2891 Mr Chorles Borclay, Governor ond Vice-choir, is o Trustee of Ihe Worshiplul Company of Soddleis. A grant of £50,000 wa5 received durin9 the yeor by the School frorn the Worshipful Company ol Saddlers b fund rneons-tres￿d bursaries12023-24 £50.0001. Mr5 Lunnon is a Governor ol the London Academy of Excellence Tottenham ILAETI. The LAET is o maintained free school For 51Xth form shjdenls in Toltgnhom, nofih London, which is co.spon50red by Tollenhom Holspur Fooiball Club and Highgole School, supported by thè Department for Edueolion ond a nurnber ol other independent 5choo15, including Alleyn's. The Head of Alleyn's is a trustee of Ihe Souihwark Cornmunity Education Charity ISCECI which overseès tha School's Solurday Maths Scheme. Thi5 yeor, 50 of the School's Year I I pupils volunleergd on Saturday mornings to 5upporl this scheme, free ol chorge. No money is paid Io OT received From the SCEC. The remuneration of the Key Management Personnel is disclosed in Wbotè 6. Trustree expen585 of £700 hove been reirnbutsed during the year12023-24.. £4421. Dvring the finoncial year, one ol the Governor5 donoled £18,436 towords Ihe Advoncing Alleyn's Discretionary Fvnd and one Governor donoled £1,000 towards ihe Advoncing Alleyn's Bursory Fund 12023-24.. £7,500). Other than the matters obove, there are no reloled party Iransaclions requiring disc105vre. 69