REGISTERED CHARITY NUMBEIL.1165474 Report •f (keTrlattd UTr#•dited fin•n¢il Stat¢wets for the Ye•r EDdwl 31 Aigst 201$ The knlford •01 Fou•ddts
The Aakfor41 Sch1 Foy¥dat•) CoAteats ofthe finwciAI SknttTreAts for the Ytr Endtd JI August 2025 Report•fthe Tr¥sttd Ihd¢p¢pdMt Exaiw's Report St•temtt of n¢la1 A¢iiviti Sheet Note• to the Fiaviil St4knnts 6 to 10 Dttsiled Stttmeot of A¢tivltk¥
The Ashford Sknool F•undaliD Report of the Trostees for tht Year EDd¢d 31 Augu5¢2025 The thJsteC5 prt5enr their rei the finEla1 aatemrm of the chty ftr tht year e4]ded 31 AugE¢t 2025. The trustets have &loFd ihe pYovision5 of Ac£otsntin8 and Rerthitlg by Chtits.. StatrmrDt of Re¢ffi)mended Practi(? applicable to ¢h8fsiies prepttring their Jccowjts in accord with thc Financsal Rewiin8 Stsnd&rd 4ylithle in UK and Republic of lTzlal(PRS 102) (¢ffcctivt l Jwuary 20191. oWEIVFts AND ACflVITIFS The Foundation award Lwrwits to 6 the 2024r25 xaknic yex. Tr Fowthion ¢OOtribul¢S b¢iw¢¢n IlPh and 55%oFthc nlI fees ttcndin8 th 5¢Dwxh(x)l. VIP4ANCIAL REVIEW rithxDcixl Review Totsl incomingresour¢es to £23,203. with totsl LWingT¢50urcts Dwiiingto £2&862. The hav¢ wide invcsrmeni tM)wu& sutyect to their obraining vIce from & finan¢i8J ¢XWL Th¢ Trvstee ma} dcle8tie the mana8emert of investmthii to a financi cxprt Wbie ijmcr to Trug¢es setting th)wn thcir illV¢Strnent Fx>li¢y in writtngtothe nKMjager3. Rt&erves ptslley Th¢ TFuc¢5 hav¢ adopted a 15¢Y of rctaining sllfficie cow ftts awwded for one year $ £1:( cover other annual expense& The St1 provid¢5 851 the nece$5ary iTrfr&ywdure trsonTr¢l to th¢ rou¥dotion oifKe and pay fLY fur¥jr. ingcox%. (h awarthd thc (lY OLgoings of the charity w¢ th incurred tsn the prep10Ft examinatiort of this tewrt ¥J in the pr(ttssin8 of psymts receiva by dwECt debit. STRUCTURE, GOVERNANCE AND MANAGFJI Govtrning document Ttre charity is controllrd by its govcrniDB drOJ & dcol of trU5L uJnslitut¢s a limitd ¢y. limitoj gwan< 85 defined by the C(mt¢S Ad21N)6. CtsnstitutN>n and th9Tit•bkobie4a Ih¢ ¢barity is a Ctwitabk IrKorrmted (hw1sati bmyerned pursJ8rt to a Con#iiutl dad 8 FeLNU 201& Its objects To advance edSt10n al Ashford Sch(A)I (th¢ 'Schwf} for the public btsffit by PTovNJing fuDdirw, a$5istranc¢ ar supwrt in suth a tnanner as lh¢ charity trua¢e5 sh1 (ktuminc including {tINrt limitation) the PTQVi5ion of.. lal FvndinBto the SctM)ol Tharts Ihe upkttp and dev¢1yrOf tts faciliti Ibl Finan¢i31 with)ce to pupi15 athp Sch1 towards the(S5Lof thcir thl fcc5 and 8•1 exFtrsts incurr•J whije ai the School. Oryni5ation41 ¥d deti¥wM The charity ha5 & tx)ard of EIe¢S with a minimwn of thrte )d a maximum of thelve trs[t¢s. The of Development of Ashford Scknl and the Hc4J tc4thr of Ashford Schwl are exr10 trvstecs. Each of the Ashford Sch(yJl ACiall0n and ihe AShrd School Parent Teachtr Ation lepLh 8n 'witturE kndy'l may arvoini a singk tnJ5tK To datr rKith¢r bjdy ho5 clb)xn to wrrthrkttca InJ¢. Piblic B¢n¢f Tr truAees eonfirni that they b&ve Complied with the d¥ty Sa secboll 4 of th¢ Charities Act 2006 to h&v¢ &Jt Y¢8aTd to guid4nr¢ pub1Tr5h¢d by the Charity CMiSsI publK bencfrt 8uidanK when r¢vi¢wn8 the hariiie5 aims and objccuvcsand in pknning tsture xtivitic Th¢ d)8ri¢y has no relty] Frti¢& ]sts ¥4ce •Juc&Ton atth¢ Sdwl knthc pulAic bEDcfiL
Tk¢ A¥bford Sthoul Fouud•tbJ• Rtportof the Trn•tte$ for the Ye•r Ended 31 Aupst 2025 REFERENCE AND ADMINisfRATIVE DETAILS Registered Company (Eng1&r and Wales) Rtglsttrtd Charity Dtswber 1165474 ThB Foundation O(rtce Ashford Schwl East Hill Ashford Keni TN24 8PB Trwte LaTa Jukps Truaee Rory Mont8omeTi¢ KatrIn¢ fioyd Michxl Hall Nth¢helle Ann Krawk Nacola AThn RatchfrKd IAdep¢ttdent Exlmlntr Sarah Adamso Brightiirtg & Co AcrJ)wtthnts LAd VC 14all Farni Ashford Ketti TN26 3JY Solicltors Ston¢ King 13 Qu¢en Sqwc BAI 2HJ lvestmnt Mang l)rookJ Ma¢donuld 72 Welbe( Sttcet London WIGOAY Approved by othofthc Erjord ofthL4t¢50n.......... ... .............- and Sig[ on itsbehalf by." Lar8 Jwk¢s- TN#ee
Indtpettdent 8Amiuer's Rtport bjtbe Trusttts of The A8hford SehoDI luthdeAt exaltr,$ rÈwJrttytht 1rn5ttu of The Ashford SthMI If•U•dtN l Twt lo thc charty Inisie¢si)n my ¢xainThthtion of thcxtouTrts tsthe ycarcTrJ&l 31 Augus 2025. Rtspothslbllitlts #wd ba$15 of POrt As the charitys thAees ave r¢skwibk fir the of the arcwnts in xcordantt with & rquiremgts of the ChÈrities Ad 2011 ('th¢ 2011 Act'l I teport in res of my examirliOn of >yiur chwitys a¢w25 as cafried wjt Seaion 145 of the awitsts Aci 2011 Ilhe 2011 Arf}. In cony1g out rny EumiwioTt I have follow the Dirli{81Th by Ch¥ity CMiOn under Scciion 145(51 Ib)of the 2011 Ad. IndepeDd¢Ht examine$ I have completed my exaMU. l u)nfiTm have to my attcntiLMJ in connpKtion wtit the cxaminafioii 8ivuig mc c4use to beli¢." accounting rccord% wcr¢ rK)I kept iTr resrKd of the cb8rity in x¢Ordce with 130 of the (knttesAth.' or tht Xc0nts do w compty with the r4uir¢mcDts ¢on¢¢Tning th¢ form and content of the ¥¢ounts out in the Charities (Accotints and RetKYtsl R¢gula(ion 2(M)8 4fYy ryUitrtn¢nt thot the #c¢ottnts 81veA'tnJ¢8nd fair. vi¢w which É5 nca matter Consi as pfjrtofthi5 irb1e einatiO I have no corKerns and have come across tto (her m#t*rs ITh coThtie¢tith with th WmiD3tM)n to which allMti(MJ ththjld be drawn in ihis report ord¢rto ¢n&ble apr0F<rwdcr#180f th¢ accountsto be rhe Bri8hiling & Co Aecounthnts Lthj Vlne Hall FaFm Ashford KetTrt 26 3JY
Tre AshfoTd Sch1 Fou) StststhvAt ofF&uDtll ActlvltStg for the Year ENded 31 Av8¥5t 2025 2025 21Y24 TotAI furtd5 INCOMEAND ENDOWMEfm FROM Dottftiions and legaties 8247 9.613 Inve5mKllt incr¢ 7.027 15.787 Tot1 &393 14.812 23 2&802 EXPKNDITURE ON R4isinE f 1181 73 4.754 4.814 Chritsble adivitiu Bursary to scnior sd¥] pupils Grani for c8pitsJ exwlitijre 15.645 23.108 55.984 5(M) 825 Totsf 18J26 10.536 28.362 70.623 N¢t gal on invttstmthts NET INCOMUtXP8NDITURE) (in9) 10.950 8.161 (11961 ROr4clLlATIoN OF Total rtds bro1 forward 288.479 216.386 504.865 507.061 rAL FUNDS CARRIED FORWARD 227.336 513.026 504.865 Then f(m of these financial sw£meTrts
Tre Ashford Stknol FouAd•ti•• BAlahee Sheet 31 Au8¥gt 2025 2025 Tot 2024 Total nds Unre51rictr FIXED ASSETS I¢Sents 245.1( 51)7.472 493.818 CURRE Assm C&%h in hand 39.797 {9.310} 311 11.872 CREDITORS Amounts fallingthJ¢ within orKye4r (16,470) (8.4631 124,933) 18251 NETcuRR ASSETS 23.327 17.n3 5.554 11.047 TOTAL ASSETS LLSS CURRENT LIABILITt&s 285. 227J36 513.W26 504.865 NET AssfTS 227 513.026 Fur4DS UnF¢5triCted funds Restricted fund5 285. 227,336 288.479 216 TOTAL FUNDS 513.026
The Ashford Sth•ol FouAdAtK Nottg to the Fillanclal Ststewtreats for the Y••r End 31 August 2025 ACCOUplNG POLICILS Basis of prep4Ti4g the fiaaRcll rt•tethMts rInClaI #8ieEn¢nts of the chity. whith 15 & public benefft FRS 101 h&ve tttn in BCCOTdan¢c tk Chariiits SORP IFRS 102) 'Ac£otmiin8 and R1n8 by titL Sment of Re¢mmended Ptactitt p11(ab to ch8rittes pTwing their acetyjnts acrord&ncc wilh the Fijjancial Reporting Standard ¥pliobk tk UK and Rwbii¢ of 1rt14nd IFRS 1021 {effective l 20191,. Finan¢i81 Reth)ning s8d 102 Tr Finawkql Repth1ing Sts]MI&Td 8ppli¢sbk in the UK and R4)ublie of Ir¢Lond. Thc fmtEitiI sthtemats have b2ert pre[1 utthrtk horiCal OJSL cthvthtith. with th¢ ex¢cption of invesettts whiGh orc included & markct va]u lu(orne All in¢ome is rccogni5eJJ in Sm¢n¢ of Fin¢1 Aaiviiies the tlwity ha5 wtit1cwl to the fund& it is probwbl¢ thatthc iK()e will i¢t1ved arKI theamrAffti(att PK m¢wrttl TEJiably. Expenditure Lt4bilities are re¢oykid as ¢xrthJitwe as &% thwr is a lyl or ¢<¢11ve obliKation committing thc charrly 10 that ¢XF¢DdtturE Él is probthl¢ thai a transf of tron(xmic trrtS will & T¥quired in s¢tdement omd Ihe amount of the obligation c4n be mewur&t ttliab. ExFndibJre is accouTrtrd for on an a¢£1 basi5 and has been Classif undcr htadirgs that e¥te cox relare¢J ro the Legthy. Where ca]mor di¢11Y particular headings ily have been a114xat•l a¢tivtl¥E5 on a basis consistent with the use of Grnnts otTered bJect to whh ha b¢tn m¢t * th¢ y¢or date &T¢ nred a commttin¢nt but not aLted #s eXti TAX#tIo# The ¢lwn"ty isexempt fiym)) tax 115charilabk xitviti Vu•d •erou4tin8 Unrericod funds br in rdr£ with thetlwi14bl¢ obj¢¢tive5 at the di5crcti¢Jn of the trle£s. Restrided h)[ can only k u•J fw pArb¢utsr r¢str¥ct¢d PUTrM)sts within Ihe obietLS of the thty. Re5thctions arise when 5pxified by the ate E8i5rd r¢5tricted pury05eS. The Brattiy.Malpfis fund 15 rc5triLt¢d to prokliftB bursary &8s1tt who attzndcd tsk junior sthooL The &ssisted places fund is r¢withtd 10 rVId1 rtnanciai 8ssIst8 toward5 school fe¢5 a1 the t8pitsJ proj#tsfund ret7¢S*kna[iQ%£lrn Slf1Y towWdsthvelopwl0f sc11[ facÈlilie ]NvLMENr INCOMt Z4 Divid¢tkJs Pagc6 inued...
The Ashtord &hvol Fouadalb) Notes tg the FinalltiAI Stteme#ts- eotttittw for the Vtar Knded JI Augu 2025 RA151NG FUNDS Inyestmwt 2024 Portfolio manag¢x))enl 4260 Nfr INCOMEJ{EXPFJIDITUREI Nct incomellLirdl[lirt) i$Ad afttr¢hargiDgl(CFrditing): 2025 2024 Other 8SMEStKe 8¢rvi 825 TRUSTEES. REMUNERATION AND BENEFrrs There no tnlrfeeg orotlKr benefits for thE Y ended 31 Aw 2025 nor forthe sWt&ded 31 Augu5¢ 2024. Trtheu. expenses There were no p4id for eJ¥knl 31 Av8U5t 2025 Th)T for Ik yc4r cnded 31 All8U$I 2024. COMPARATIVES FOR TH£ STATEMK¥TOF FINANCIAL AcnviTILS Toial furHY5 INCOME AND ENiKJWMETaS FROM Donations and iewies 4.655 6J60 Inv¢*mtht Ime 8.162 7.625 15,787 Tatsl 11817 13.985 26,802 EXPENDITUREON RaisinR fund% USO 1464 4.814 Charitable adivltles Burs8ry to senityxhwl Grn)i for¢apital cxFKThJilu 41816 13.168 3.(P2 55.984 325 825 Ttstsi 19.224 70.623 Net gairL8 on invulm 21J20 NET INCOM{wIND1TuRK 117.C621 1<866 111961 RONCILIATI0P4 OF FUNDS Tottht fUS brought forward 305.541 201.520 507,IKSI
The Aihford Scbo61 F1pIll P4ottt to the Fi4aneiAI Stteiiitllts- comli¥d for tk¢ Year Knded 31 Augyst 2025 COMPARATIVLS FDR THE STATZMErir OF FINANCIALACnVITIFts-eoatEhuttl fund TOTAL FiJf4DS CARRIED FOXWARD 28&479 21 504.865 FIXED ASSET INVESThlE invutsnenty MARKET VALLIE AÉ I Sewmbcr 2024 Additi$ DisptssaJ$ 463.818 15&428 At 31 August 2025 454 PROVISIONS At I S¢wmbrT 2W24 Provision for ye8r (30.IWI At 31 August 2025 532381 NgT W)OKVALU£ At 31 August 2025 S07,472 Ai 31 Awtst 2024 493.818 CREDITORS: Amouiifs YALLING DUE WITHIN ONK YEAR 21)25 2024 A£cnxd expenses 24.933 825 MOVEM¥r IN FUNDS ovemerrt in funds Ai 31.825 Al 1.924 UnrtJtritted fHmds Gertejat fUj 28&479 11789} 285,690 Re¥tri¢ted ThTrAdJ BTatby.M81pas furtd C4)ilal Proj fwjd 21fi386 10.701 249 227,087 249 10.9YI 227.336 TOTAL nJNDS 504865 L161
ThAsltford S¢bthJl F•uAd(i
Not¢5 to the FiMn¢il St•temtots-
Tbt Asbtgrd &hMI Fotydd Notej to the Fkn4trl Statenents- t••ed for th¢ Ytr Ended 31 Au8USt 2025 MOV£MENT IN VVNDS- A rJw¥cnt year 12 monts artd byioryw 12 month tunbtil iy follows.. At 1.923 in funds 31.823 Unrmtricted fu•di Gerteral furKI 305.J41 119.8311 285.6 Restrkted lknTrdi Bby-maIrS fund Capital proJ#ts fw 199.107 27,9 227.087 249 227.336 rALFUNDS 507.(61 513026 A cumt ye• 12 months wltyyeAr 12 mcth RH>Ve in inclth in theAbw¢ v¢ as follo%w$". fjain$ and Mov¢ttwt in fuJKIs Unrejtricted fu1 Oener#l fund 11210 169,7251 2(664 119.8511 Rwtrlc¢ed tuldi Brniby-Mlp•s fund As5iA¢d pl•¢es lund Capitol projects fund 111989) 113J(} 63 2&779 27.910 13.X 26.779 25.816 TOTAL FiINDS REiAT&D PARTY DIqCIAI8IIRLq Thert w¢rn tyj rnl*d Fty trstt forthe 31 2025. Pa8e io
The Ashford S¢h•ol Fob#d•th Det#lltd Sttemtnt•f Fl••n¢il A¢tiv#l f•r tht YM¥ E4d¢d 31 Au¥ust 2025 2025 2024 INCOME AND ENDOWMENTS Donkiitins 9.613 Inveitmmt Incom¢ Dfvidends T•t#t She18 TeAourt 23.205 2&802 ZXPENDITURE R•l$lni •Dd lty¢l Donaiion coll110 fe¢$ 533 554 Ponfolio man4¢meni 4.219 4.260 Cl•rltbk Irtlvltl Grants to individu4 23.IOB 64.984 Support eo• Covernan¢• toits In¢J¢pend¢ni examinatlon fe£s Total reKJurcesexpend 28.862 Net eXPEndltMr¢ bforeyl• Ad l(••• 15.6571 43.¥211 Realhed reco8Alxd •nd ltys R¢ali5¢d gAin{lO$s¢S) on invethttts Glin(lO$se3I on revft111On of invejtsnttits (9.4221 1S.362 26.263 lTh¢•m&l¢Apthdltsr¢) 8.161