2025-08-31-accounts

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Registered number: 11443649 Charity number: 1179436

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

EMPOWERING YOUNG PEOPLE TO SUCCEED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

	Page
Reference and Administrative Details of the Charity, its Trustees and Advisers	1
Trustees' Report	2 - 19
Independent Auditors' Report on the Financial Statements	20 - 23
Statement of Financial Activities	24
Income and Expenditure Account	25
Balance Sheet	26
Statement of Cash Flows	27
Notes to the Financial Statements	28 - 48

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025

Trustees	Desmond Patrick Bermingham, Chair (appointed 4 October 2024)
	Mumin Humayun, Trustee
	Harriet Riches, Trustee
	Anusha Nirmalananthan, Trustee
	Negar Mihanyar, Trustee
	Benita Udegbe, Trustee
	Nicholas Ratcliffe, Trustee
	Simon Smith, Trustee
	Stephen William Spencer Norton, Trustee
	Leslie Colin Ebdon, Trustee
	Adrian James Ball, Trustee (resigned 4 October 2024)
Company registered number 11443649 Charity registered number 1179436 Registered office Allia Future Business Centre Kings Hedges Road Cambridge CB4 2HY Chief executive officer Gabrielle Sumner Independent auditors Price Bailey LLP Chartered Accountants Tennyson House Cambridge Business Park Cambridge CB4 0WZ Bankers CAF Bank Limited 25 Kings Hill Avenue Wet Mailing Kent ME19 4JQ Clydesdale Bank PLC Cygent Park Cygent Road Peterborough PE7 8FD Virgin Money PLC Gosforth Newcastle upon Tyne NE3 4TG Solicitors Anthony Collins 134 Edmund Street Birmingham B3 2ES

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

education and employment, less sure that they are well informed about their future pathways or that they have the skills to realise their goals. Only one in four students eligible for free school meals progresses into higher education—almost half the rate of their more advantaged peers. Those who do make it to university are more likely to drop out and, even after graduating, tend to earn less than students from wealthier families. These inequalities are even more pronounced at the most selective institutions.

This picture is further complicated by the uneven distribution of opportunity across the country. The Sutton Trust’s Opportunity Index published in May 2025 revealed stark geographic inequalities, for example ranking Cramlington and Killingworth, along with Newcastle upon Tyne Central and West, as the two least socially mobile constituencies in the country. Young people in these areas face significant disadvantage: they are more likely to receive free school meals, less likely to pass English and Maths GCSEs, and far less likely to progress to higher education. In Cramlington and Killingworth, only 7.7% of free school meal pupils complete a degree by age 22—compared to 16% nationally for free school meal pupils and 29% for all students.

Villiers Park targets its programmes to reach young people at risk of missing opportunities

to realise their potential. We deliver programmes in areas of low social mobility, where unmet need is high, amongst them Cramlington and Killingworth. We focus our reach further by targeting places on the Future Leaders Programme for young people from under-represented backgrounds. We use the term “under-represented” to describe young people who are under-represented in higher education or within professional occupations like law, finance or technology. This includes students who are in receipt of free school meals or eligible for pupil premium, young carers and young people in care, refugees and asylum seekers, young people from black and minority ethnic backgrounds and those with additional learning needs. The young people we work with are less likely to have family members or close peers who have first-hand experience of higher education or connections within key professions.

What we do

Villiers Park works with schools and colleges, partners from the higher education and professional sectors, and delivers programmes online.

This year, we extended the reach of our flagship Future Leaders Programme. We also ran the Enrichment Partnerships Pilot for a second year, continued to support green careers programme Sustainable Futures and worked with corporate and higher education partners to deliver bespoke projects that unlock opportunities and potential.

Every young person is unique and different. We celebrate diversity and difference in all forms and apply the ‘Possible Selves’ theory to our approach, delivering our work in a way that is tailored to the individual.

Where we work

Our programmes are delivered in areas with historically low participation in higher education and persistently high levels of deprivation and inequality. We supported young people across 42 schools and colleges in England during the 2024-25 financial year.

Our interventions are culturally sensitive and contextually relevant, delivered by teams in local ‘hubs’. This year, we extended our reach through the development of a fifth hub in Cambridgeshire, which joins Hastings and Bexhill, Tyneside, Swindon and Norwich.

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

We have a team of Progression Coaches who work with young people in the school or college in each of our hub regions. This embedded approach enables us to foster strong relationships with students and staff, as well as understanding and aligning our work to each school’s culture and need.

A values-led organisation

Villiers Park is a values-led organisation, and we make decisions and behave in ways that are aligned to our values. We hold each other to account on doing this, even if it sometimes means doing things that are challenging.

Our values are:

Fairness: We strive for justice and argue unwaveringly for fairness in a world of compromise, prejudice, inequality and deeply entrenched disadvantage.

Aspiration: We set high expectations for our whole community. We continually seek ways to improve what we do, how we do it, and the impact we have on the world around us, particularly by working in partnership with others where this helps us make a bigger difference.

Courage: We create an environment where we can be courageous by speaking and listening openly and honestly. We know that courage means taking risks and support each other to learn.

Empowerment: We are passionate about working with individuals to enable them to find the skills and resources within themselves to flourish and have healthy futures.

Our Strategic Priorities

For the period 2020 – 2025 we have six strategic priorities, with three focused on driving transformational change and a further three focused on our organisational health and resilience.

In this, the final year of our current strategy, we built on strong progress and laid the foundations for our new five-year strategic plan from 2025.

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Impactful programmes:

Future Leaders Programme

Future Leaders is our flagship programme, which develops young people’s personal, academic and employability skills and supports students to make informed and confident choices about their futures. 611 (2024: 550) young people participated in the Future Leaders Programme in 2024/25.

77% Future Leaders told us that they felt they had more options for their ‘possible selves’ following the programme, highlighting the positive impact we are making on broadening students’ perspectives.

Over 80% of Future Leaders had clarity and certainty about their future pathways at the end of Year 13, more than double at the start of the programme.

The Future Leaders Programme is structured around three core elements: 1:1 coaching, social action project Leadership Challenge and insight days and courses:

We delivered over 1,150 hours of coaching , providing 1:1 support and guidance. Coaching was consistently rated by Future Leaders as one of the most valued parts of the programme.

“ The coaching was just really incredible… it was really nice to have that dedicated time. It was an hour to sit down and just really discuss my future and what I wanted to do and my aspirations.”

“Coaching helped me develop confidence in future pathways as well as confidence in my own ability to complete the things I aspire to.”

Future Leaders completed 96 Leadership Challenge projects. These were inspired by a wide range of social and environmental issues, bringing students together to work in small teams on projects that develop their personal and academic skills and make a positive difference to their community.

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

In one example, at Burnside College in Wallsend, Year 10 Future Leaders developed “Project Eden”. Their goal was to redevelop a small area of disused outdoor space in their school. As the area had been neglected, this group of students crafted a presentation detailing the broad goals for the space, how it could be redeveloped, and used as a quiet, contemplative area for Burnside students. The Future Leaders also joined a group of peers who were lobbying the school council, building collective advocacy and peer action. Students gained in confidence, communication and public speaking, and embodied the values of teamwork and collaboration.

Workshops and insight days , which include visits to a range of universities and employers and our Year 10 residential at the University of Bath, aim to expand young people’s horizons and demystify pathways.

Over 90% of Future Leaders progressed into higher education, employment and

apprenticeships, maintaining this high level from previous years. Higher education destinations included UCL, Edinburgh, Queen Mary’s University, St Andrew’s, Newcastle, Northumbria and Manchester. We also increased the number of places on our specialist ‘early entry’ programme, providing targeted support for those applying to Oxford and Cambridge, and on medicine, veterinary medicine and dentistry courses, where places are highly competitive and there are earlier application deadlines.

155 (2024/25: 268) students attended an insight day, with visits to Anglia Ruskin University, the University of Gloucestershire, Canterbury Christ Church University and the University of Sunderland. "I found the trips to be incredibly motivating. Seeing the campuses and interacting with university students made me excited about my own academic journey." Future Leader feedback in Year 12 focus group.

Our Principal Partnership with technology consultancy company Sopra Steria supported a range of opportunities for Future Leaders, including bursaries towards learning resources, laptops and travel for open days, opening up opportunities that might not exist otherwise; and two employer insight days in Edinburgh and London offices for Future Leaders from Tyneside, Hastings students. Insight days featured workshops on the use of AI, how to develop your CV and interview techniques, and a careers carousel talking to Sopra Steria staff on their paths into a multinational technology company.

94 Future Leaders in Year 10, from 12 different schools across the country, attended a four-day residential at the University of Bath . This unique residential gives students time away from the classroom to explore a range of future pathways, including university, apprenticeships and careers. Students participate in academic taster sessions, campus tours and meet student ambassadors, with the residential culminating in a careers fair where Future Leaders presented group projects to their peers on the final day.

The residential made a significant impact on students considering university as a destination, which increased by 43% points (more likely to apply) over the course of the week alone, with 84% of students seriously considering university following the residential.

We also asked students to rate their skills development across four areas: confidence, resilience, motivation and outward looking. We saw significant skills development across each, and 69% rated a lot or some skills development across all four.

89% said that their confidence increased through the residential
90% said that their resilience had increased
85% said that their motivation had increased
91% said that they were more outward looking.

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Evaluating our impact

Our Theory of Change is the basis from which we evaluate the impact of the Future Leaders Programme. A range of data points and combination of quantitative and qualitative evaluation supports the measurement of the programme’s short, medium and long-term outcomes. This includes baseline and event surveys, student focus groups and feedback from teachers, as well as analysis of exams and progression data against the local and national average. The Future Leaders Programme continued to enable:

- Young people strengthen their skills and capabilities with a stronger sense of self, greater confidence and developed interpersonal skills including communication and teamwork

- Young people are better prepared for the future and have a broader horizon of opportunities, with a clearer view of what they want to do next and how to get there; they are also more knowledgeable about post-college destinations including apprenticeships and university - Young people reach higher academic attainment developing enhanced academic skills, including study, revision and research, increasing their motivation to learn and achieving higher academic results

- Young people develop social networks with new connections and friendships that increase social capital as well as giving back to their communities.

Increased reach:

In total, we reached 2,585 (2024: 2,520) young people through our programmes in 2024/25. Our embedded partnerships in schools and the wider secondary reach through Leadership Challenge are over and above this figure, indicative of our broader impact and reach.

� Sustainable Futures is a green careers programme developed in partnership between Villiers Park, World Wildlife Fund and Founders4Schools. While the pilot ended in 2024, we met our goal of embedding the learning and teaching resources so they remain in use across schools. Four of our partner schools and colleges continued to deliver Sustainable Futures this year, including St Leonard’s Academy in Hastings, whose Head of Faculty Lewis Hall commented “ There are more students involved in the Green Team [the school’s environment group]… it’s an example of how they weren’t just wanting to take the environment and sustainability a bit more seriously, they actually wanted to get directly involved”.

� Enrichment Partnerships Pilot: Enrichment activities are a vital part of young people’s personal, social, and educational development, helping to discover interests, develop talents and build skills. In 2023/24, we were awarded a grant from the National Citizen’s Service and Duke of Edinburgh’s Award to develop and deliver a new Enrichment Partnerships Pilot (EPP) project, working with young people from 10 secondary schools in Cambridge and Norwich to improve access to inclusive and high-quality enrichment opportunities.

In 2024/25, we reached over 1,100 young people through a series of assemblies and workshops, supported by volunteers from charities and corporate partners, including CamSkate, Roku and Sopra Steria. These provided inspiration for students in Years 8 and 9 to lead their own enrichment projects, ranging from sports clubs to film and drama societies and wellbeing initiatives, driving meaningful change in their schools.

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

In February, we had the honour of meeting HRH The Duke of Edinburgh alongside a fantastic group of Year 9 students from Nene Park Academy in Peterborough. Elliot a Year 9 at Nene Park Academy shared “The experience I had while at the EPP workshop with Villiers Park was great. It helped me communicate with peers I usually wouldn’t talk to and opened me up to new opportunities and taught me valuable life lessons which have benefited me with teamwork and communication skills. I really enjoyed this day, and I look forward to achieving more skills which will help me in the future.”

EPP has helped to springboard our Cambridgeshire hub, and two schools – North Cambridge Academy and Swavesey Village College – joined the Future Leaders Programme this year.

� English Speaking Board (ESB) projects, benefited 40 students from three secondary schools in Swindon. Students gained new qualifications, increased their confidence and developed transferable skills in oracy and communications. Thanks to our continued partnership with English Speaking Board, we also supported a group of eight parents and carers in Hastings and Bexhill to gain new ESOL qualifications.

� Early careers, included the continued integration of apprenticeship guidance within the Future Leaders Programme and the development of a specific pre-apprenticeship initiative, Trade Insight, generously supported by an individual donor. This includes hands-on experience, information and guidance about apprenticeships in the construction industry. 17 students from New College and Crowdy’s Hill School, both in Swindon, gained meaningful construction skills and experience. Four students have gained new qualifications and two have successfully secured places on construction courses and apprenticeships.

� Digital reach , through the continued implementation of our digital strategy and wider application of learning platform LaunchPad. This has been generously supported by the Fidelity UK Foundation, with the final spend against this funding during the year.

Conducive policy:

Villiers Park continues to develop a rich base of evidence on education and social mobility. This evidence informs our policy recommendations and, working individually and in partnership with others, we campaign for a more conducive policy environment that will help more young people from under-represented backgrounds realise their potential.

We have strengthened our involvement with the Fair Education Alliance as a Scaling Award Winner, including Villiers Park Chief Executive Gaby Sumner taking a leadership role as co-chair of the People and Culture working group convened by the Fair Education Alliance.

We continued to be active contributors to the Fair Access Coalition, a group of non-profit organisations committed to fairer representation in higher education. We also joined the Student Premium Coalition, a coalition of charities, post-16 providers and educational organisations advocating for targeted funding to support disadvantaged students in further education and extend the principles of the existing Pupil Premium to post-16 education.

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Enablers of growth:

Financial growth and management:

We maintained the delivery and scaling of our programmes from the previous financial year, working hard to keep staffing, delivery and overhead costs in line with 2023/24 expenditure. Increases in National Insurance and inflationary pressures were managed as much as possible within existing resources. We implemented operational efficiencies and streamlined systems whilst investing in growth, by increasing expenditure on fundraising and evaluation.

We rent an office at Allia Future Business Centre in north Cambridge, where we are part of a community with other charities and small and medium enterprises, and are grateful to partner schools who continue to find space, in-kind, for our teams to work remotely.

The diversification of our income model since 2022—combining investment returns, fundraising and charitable activities—continued to bear fruit and provided important resilience in what was a challenging funding environment. Although some funders queried the higher level of designated reserves we now hold, this approach has been essential in enabling us to plan responsibly and safeguard delivery. While donations and grant income declined during the year, the strength of our financial model and reserves ensured that we were able to maintain continuity and deliver our programmes in full.

We commissioned the expert services of More Partnerships to develop our fundraising strategy, to support our overall strategic plan from 2025 onwards. We also continue to build a more confident fundraising culture across the Board and team. Trustees agreed continued investment in fundraising in the current and future financial years.

Organisational culture:

We aim for our workforce to be representative of all sections of society and for employees and volunteers to feel respected and able to give their best. We were delighted to welcome new colleagues this year, recruiting purposefully to increase our capacity and reach, including two alumni:

“Having been part of the Villiers Park programme as a young person, I understand firsthand the impact it can have. It is a rewarding opportunity to now contribute to it, and I am passionate about supporting the next generation in achieving their potential.” Clara Smith, Progression Coach, Hastings and Bexhill

Safeguarding and safer practice are embedded. Safeguarding training is a critical part of the induction for all staff and Trustees, with refresher training and updates delivered for all staff at least once a term. We carried out a comprehensive safeguarding audit with Jill Webb in the year, using this opportunity to reinforce our culture of safeguarding, identify good practice and develop a continual improvement plan.

We are committed to creating a positive environment for employees, volunteers, beneficiaries and everyone we work with. Mental Health Champions from within our staff team continue to champion positive mental health and wellbeing and signpost colleagues to resources that they may find useful.

Support through the Fair Education Alliance supported our People and Culture strategy and created opportunities for team members to benefit from line management training, mentoring and leadership support.

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

As a team with colleagues across the country, we make time to come together online and in-person, sharing practice, learnings and building a cohesive team culture. As well as termly staff development days, we continue to encourage cross-team collaboration through working groups and invested in an increased learning and development budget. Our thanks to UBS and Sopra Steria for offering generous pro bono support this year.

Working for future generations:

As well as valuing staff, our commitment to working for future generations means that we seek opportunities to engage former Future Leaders and alumni as peer-mentors and volunteers. They are inspiring and powerful role models for young people on our programmes today and bring their first-hand experiences and knowledge to benefit future beneficiaries. We are also very grateful to all the volunteers who support employer insight days, making these highly engaging and relatable opportunities. More than 50 people generously volunteered their time this year, giving over 150 hours to benefit the young people on our programmes.

With the appointment of Desmond Bermingham as our new Chair of Trustees, we now have three Trustees who are alumni of our programmes, whose personal experiences strengthen our governance.

Plans for future periods

Trustees and the staff team worked collaboratively this year to develop Villiers Park’s new five-year strategic framework. Informed research and development included focus groups with current Future Leaders, mapping of high areas of need, analysis of our evaluation data and the development of a refined fundraising strategy. This shaped our new strategy, Beyond Barriers, which comes into effect on 1 September 2025.

Beyond Barriers is an ambitious five-year strategy that builds on our strong foundations and sets a bold direction for the future. It focuses on deepening our impact, expanding our reach, and driving change both locally and nationally. We aim to more than double our reach to support 5,000 young people every year by 2030. The first year – the financial year 2025/26 - will be a ‘bridging year’, which focuses on getting the foundations in place to fuel strategic growth and impact.

The strategy is built upon three core goals:

Goal 1: Deepen Impact: Villiers Park will build on partnerships within our existing geographical hubs—Hastings and Bexhill, Swindon, Tyneside, Norwich and Cambridgeshire—to meet high demand. The focus remains on the Future Leaders programme, a longitudinal initiative using the "possible selves" theory that empowers participants to visualise and achieve their future pathways.
Goal 2: Enhance Reach: We aim to extend programmes into new communities with high unmet needs. We will offer specialist support for students applying to Oxford or Cambridge and to highly competitive courses such as medicine, dentistry and veterinary medicine, as well as targeted support for young people pursuing apprenticeships and vocational pathways.
Goal 3: Local and National Change: Using evidence of what works and the lived experiences of young people, we aim to create a “ripple effect” in the communities we work, influencing local and national policy and practice.

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Our strategy will be achieved through three critical enablers:

We will be driven by evidence, investing in our evaluation to evidence impact and longitudinal outcomes.
We will grow our partnerships, collaborating with schools, colleges, universities and employers to deliver targeted interventions that bring expertise together and build social capital.
Thirdly, sustainability of resources will include the launch of a bold fundraising campaign, the development of our People and Culture strategy and a commitment to environmental sustainability, helping us make responsible choices for both people and planet.

We have carefully modelled this planned growth, and, as part of our strategy we have examined what funding we will need, as well as the infrastructure required to get us there. This will include investment across the organisation, in programme delivery, impact measurement, fundraising, communications and operations. Our priorities for the bridging year in 2025/26 will be:

An implementation plan and five-year ‘road-map’, setting out the key steps over the next five years to help us realise our strategic goals by 2030.
The development and targeting of our programmes, identifying and working with partners to deepen impact in our current hubs and targeting areas where we intend to extend our reach.
A refreshed evaluation strategy, combining schools impact data, quantitative and qualitative data analysis and an updated theory of change, underpinned by dedicated evaluation resource.
Investment into our fundraising team and senior volunteer networks to expand the organisation’s reach, setting us on a growth trajectory and unlocking matched funding through our designated funds. This will have a catalytic effect, allowing us to scale sustainably and drive change.
Embedding the new organisational values that underpin our strategy – to be Ambitious, Curious, Considerate and Committed to Equity - and putting into place the frameworks for decision-making that lives these values and achieves our strategic growth in the long-term.

Financial review

Income generation: overview

Villiers Park has a mixed income model, raising funds through donations from philanthropic individuals and foundations, corporate and university support, and partnerships, as well as from charitable activities and investments.

We subsidise programmes heavily, passing on a fraction of the cost to partner schools and colleges, and ensuring that activities are free to attend for parents/carers and students. Income from fundraising and investments ensures that we can continue to subsidise programmes at their current levels. A review of pricing was planned but we made the decision to delay this and will undertake as part of our strategy implementation in 2026.

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Fundraising strategy

We took the following approach to our fundraising:

1) The charity employed a professional fundraising team and employed the services of expert fundraising consultants
2) We are registered with the Fundraising Regulator and follow the standards set out by the Regulator and Fundraising Code of Practice
3) We confirm compliance with the standards noted above in the financial year
4) We received no complaints, either by the charity nor by a person acting on our behalf, regarding fundraising
5) We protect vulnerable people and other members of the public from unreasonable intrusion on a person’s privacy; unreasonable persistent approaches for the purpose of soliciting or procuring money or other property on behalf of the charity; and placing undue pressure on a person to give money or any other property by:
a. Only contacting members of the public who have given their consent for us to be in communication with them.
b. Ensuring that anyone who no longer wishes to receive communications is removed from our mailing list.
c. Focusing our fundraising strategy on building targeted long-term partnerships in line with our organisation values, rather than acquisition campaigns.
d. Trustees have approved a gift acceptance policy and we publish our supporter promise on our website, https://www.villierspark.org.uk/fundraising-promise-andprocedure, highlighting our commitment to best practice.

The fundraising strategy is focused on raising funds from charitable trusts and foundations, individual donors, universities, corporate partners and public funders. We also receive generous inkind and pro bono income, which offset the accommodation and catering costs of residentials, professional fees and training.

In a challenging financial climate, we raised £611,084 in grants and donations during 2024/25. This was less than the previous financial year, although included several supporters who generously increased their donations or began funding us for the first time, amongst them a first-time grant award from the National Citizen’s Service and Duke of Edinburgh’s Award in 2024.

We employed a consultant, Paul Stein, via More Partnerships during the financial year to further fundraising in the current year as well as build a resilient fundraising strategy long-term. We tested a new case for support for our Beyond Barriers strategy and plotted five-year fundraising growth that will enable the charity to achieve greater impact in the long-term.

Investment strategy

On the sale of the charity’s residential centre in 2022, Trustees approved the creation of a new designated fund, the Foxton Fund. Most of the sale proceeds were designated into the Foxton Fund and are the basis for an investment portfolio, managed by Cazenove.

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

The investment aims are to generate a total return in excess of inflation (UK CPI) plus 4% per year, net of fees, over rolling five-year periods. Trustees exclude direct holdings in companies whose activities may conflict with its charitable objectives and invest in a responsible and sustainable way that considers ESG and environmental factors when investment decisions are made. Investment Managers Cazenove and its Sustainable Multi-Asset Fund align with Villiers Park’s charitable purposes and investment policy, offering investment returns balanced with a committed sustainability agenda. Investments with Cazenove generated a quarterly yield and gained £39,248 in the financial year.

Thank you

The Trustees would like to thank all the individuals and organisations who supported Villiers Park this year. A special note of thanks to Chrissy Baker and generous donors to the Mike Baker Memorial Fund for their continued support over the last decade and more. We also thank Anne Hyde Villiers, Keith Sykes, Sir David Verey, Mike Salter and the Diana Hiles Memorial Fund for their exceptional generosity as well as those donors who wish to remain anonymous.

Sopra Steria continued as Villiers Park’s Principal Partner, a three-year commitment that builds on their previous support and integrates highly successful initiatives such as the Opportunities Fund.

Core support for the Future Leaders Programme extended thanks to a generous multi-year support from the CHK Foundation and we thank the Gosling Foundation, P F Charitable Trust, M&G Charitable Foundation and Fisher family Foundation.

Several companies and organisations provided funding for insight days, workshops and residentials, amongst them the Royal Society of Chemistry, House of Commons, Roku, MathWorks, AM and AVEVA. We were delighted that the University of Bath generously continued its support of our Year 10 residential.

In Hastings and Bexhill, Trinity College Cambridge continued its support, a longstanding partnership that is highly valued. We thank the Fonthill Foundation, Ernest Kleinwort Charitable Trust, Homity Trust, Magdalen and Lasher Charity and Isabel Blackman Foundation for their support locally.
The Reece Foundation continues to provide vital funding towards our Tyneside STEM Future Leaders Programme. We welcomed additional support from the Tyne and Wear Community Foundation, Shears Foundation and Sir James Knott Charitable Trust.
In Swindon, despite significant cuts to their budget, we continued our partnership with Study Higher, with funding towards an oracy skills project with Year 8 students.
We are supported by several trusts and individuals in Norwich, some of whom choose to remain anonymous. We began to develop our funding in Cambridgeshire, with donations from Cambridgeshire Community Foundation and Lujenna Educational Trust.

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Governance

Villiers Park Educational Trust is a registered charity and a company limited by guarantee. The Trustees present their annual report which includes the directors report for Companies Act purposes, together with the audited financial statements of Villiers Park Educational Trust (the Charity) for the year ending 31 August 2025.

The Trustees confirm that the annual report and financial statements of the Trust comply with the current statutory requirements, the requirements of the Trust's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (second edition October 2019, effective 1 January 2019).

Charitable Objective

The objects of the Trust are such charitable purposes as the Trustees shall from time to time in their absolute and uncontrolled discretion think fit. For many years, the Trustees have chosen to use the charity’s resources to promote and advance education for young people.

Our Vision

Our vision is a world in which everyone can realise and fulfil their potential and lead society into an equitable, healthy future.

Public Benefit

The Trustees have complied with the duty in Section 17 of the Charities Act (2011) to have due regard to the public benefit guidance published by the Charity Commission.

Social and educational inequality are serious, entrenched problems in the UK. The charity’s resources are invested in programmes that are:

Developing the personal, academic and employability skills of young people from underrepresented backgrounds;
Empowering young people to make informed and confident choices about their futures;
� Building the social and cultural capital of young people and breaking down the personal, social and economic barriers that may prevent beneficiaries from realising their potential;
Using evidence and knowledge from our practice to influence policy and long-term systems change.

The Board of Trustees and Company Directors

The Board comprises 10 Trustees who are also directors of the limited company.

The most recent update to the Articles of Association was effective as of 15 December 2022. The update formalised provision for video-conference for Board of Trustee meetings. These take place quarterly and may be in-person, online or hybrid.

A new Chair of Trustees Dr Desmond Bermingham was appointed in October 2024. There were no other changes to the Trustee Board this year.

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Trustees are recruited through an open and competitive process and appointed for their experiences and passion for Villiers Park’s mission and values. Trustees receive regular training and the Board reviews its collective performance annually. The induction programme for new Trustees includes safeguarding training, introductions to the programmes and Senior Leadership Team, and opportunities to see our work firsthand.

Board Responsibilities

The Board is responsible for setting strategy, agreeing policy, performance managing the Chief Executive and ensuring financial sustainability and legal compliance, as well as being the custodian of the Trust’s reputation, mission and values. The Board receives advice, recommendations, and performance and financial reports from the Chief Executive and the Senior Leadership team.

The Board is ultimately responsible for safeguarding, health and safety and other legal duties across the organisation. It regularly reviews policies relating to these issues and considers operational reports from the senior leadership team at every meeting.

The Board reviews and maintains policies in respect of, and considers operational reports from the senior leadership team on the implementation of:

Delivery against strategic priorities and annual KPIs and objectives
Risk strategies and risk management
Financial strategy and performance
Operational delivery
Advocacy, influencing and campaigning

The Board delegates the performance management of the Chief Executive to the Chair. It delegates responsibility for operations to the Chief Executive, and through her to the senior leadership team and wider staff team, which is clearly defined through a Scheme of Delegation.

The Board has two committees:

The Resources Committee is responsible for overseeing finance, HR, property, IT and income generation;
The Programmes and Impact Committee is responsible for overseeing services and programmes including campaigning and influencing activities, and their evaluation.

The following Trustees held office during the year:

Dr Desmond Bermingham, (Appointed as Chair and Trustee, 4 October 2024)
Professor Sir Leslie Ebdon, Chair of Programmes and Impact Committee
Mumin Humayun
Anusha Nirmalananthan
Stephen Norton
Negar Mihanyar
Nicholas Ratcliffe
Harriet Riches
Simon Smith, Chair of Resources Committee
Benita Udegbe, Alumni Trustee
Adrian James Ball, Trustee (resigned 4 October 2024)

Detailed biographies of our Trustees can be found on Villiers Park’s website, https://www.villierspark.org.uk/trustees.

Page 15

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Risk management

The Trustees review the risk register at least every quarter at Board meetings, and through scrutiny of risks and progress at Resources and Programme and Impact Committee meetings.

The risk register is maintained by the Chief Executive and reviewed with Senior Leadership Team. It covers compliance and regulatory; external; financial; organisational (Programmes); operational; and governance risk categories. Against each section, the risk is detailed and scored, current controls are documented, and a residual risk score noted.

The key risks in this reporting period were:

External:

The persistence of a challenging socio-economic context is leading to greater demand for our programmes. We received nominations for more places on the Future Leaders Programme than we have spaces for. We also received more unsolicited enquiries from schools and colleges to join our programme. We balanced demand and capacity by increasing the number of Future Leader places where we could, whilst also running programmes such as the Enrichment Partnerships Pilot that had a wider reach. Trustees agreed to maintain current levels of spend and delivery, despite fundraising challenges, through prudent application of reserves.
The Employers National Insurance increase and inflation led to increased costs. Cost efficiencies within our operating model and in-kind partnerships helped to offset rises and ensured that salary expenditure rises were limited.

Governance:

Trustees play a key governance role, which we maintained and strengthened in year by the appointment of Desmond Bermingham to Chair. Lived experience and breadth of expertise ensure diversity of thought and help us to represent the communities we serve: three of 10 Trustees are alumni, and education, professional and technology sectors are represented. The terms of reference and scheme of delegation clearly document the responsibilities of the Board and Committees, and the delegation to the Chief Executive and management.

Regulatory and compliance:

Safeguarding is critical to ensuring that young people access our programmes safely and securely. There are robust controls in place at governance, management and operational levels, which we strengthened in year through a safeguarding audit and continual improvement framework. A safeguarding committee is chaired by the Designated Safeguarding Lead and includes the Chief Executive, Assistant Directors and Strategic Projects Manager, meeting at least monthly. Trustee Lead for Safeguarding is Mumin Humayun, and safeguarding is a standing item at all Board meetings. All staff have appropriate DBS checks and must complete NSPCC safeguarding training as part of their induction, with an ongoing programme of safeguarding updates and continuous professional development year-round.

Page 16

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Financial:

Not meeting income targets risks compromising Villiers Park’s financial health and could limit the charity’s ability to deliver programmes that meet need. Our strong reserves have led some funders to question the urgency of new requests. Trustees have agreed a planned drawdown from the designated fund to maintain key programmes and make purposeful use of the opportunity our current reserves offer.
Cashflow is monitored and management accounts produced monthly that are reviewed by the Senior Leadership Team and Trustees.
Reports on fundraising and investments are received at each Board meeting, and the Resources Committee scrutinises income and expenditure at quarterly Committee meetings. A fundraising strategy has been developed that aligns with the 2025-30 strategy.

Programmes and impact:

Trustees approved continued investment in evaluation and impact, with the ongoing implementation of an updated evaluation framework.
We achieved good staff retention rates ensuring that we maintain the breadth of skills and experience to realise our Programme objectives. We continued to build our volunteer network and are exploring how we can utilise this fully to complement and support our programmes, whilst maintaining high levels of safeguarding rigour.

Reserves policy

The Trustees maintained a reserves policy of between three and six months of unrestricted free reserves. Based on salary and overhead costs of £70,000 per month, we therefore require at least £210,000 in unrestricted free reserves.

Total funds brought forward of £2,949,729 includes a higher level of designated reserves following the sale of Villiers Park’s former residential centre in 2022. Trustees approved a planned drawdown from this fund over the next five years to support strategic growth in impact and reach. In 2024-25 Trustees agreed a modest drawdown from the investment gain to support increased staffing costs and build evaluation and fundraising capacity. The unrestricted free reserves, not including designated funds or fixed assets, are £189,652.

The reserves policy is considered annually by Trustees.

Safeguarding

Villiers Park carries out activities which bring our employees, volunteers and people working on behalf of our organisation into regular contact with children and young people.

Villiers Park believes that a child or young person should never experience harm to their health and development nor abuse of any kind. All children and young people should have the best possible outcomes.

The trustees recognise their legal duty to act prudently and in the best interests of these children and young people, and have implemented policies, procedures, training and monitoring to ensure that all reasonable steps are taken to protect them and keep them safe. There is a Lead Safeguarding Trustee on the Board, which this year transitioned from Adrian Ball to Mumin Humayun. The safeguarding policy is updated annually and implemented through a programme of training and CPD for all staff.

Page 17

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Disclosure of information to auditors

Each of the persons who are Trustees at the time when this Trustees' Report is approved has confirmed that:

so far as that Trustee is aware, there is no relevant audit information of which the charity's auditors are unaware, and
that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charity's auditors are aware of that information.

Auditors

The auditors, Price Bailey LLP, have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees.

Approved by order of the members of the board of Trustees and signed on their behalf by:

Simon Smith Chair of Resources Committee

Date: 10th April 2026

Page 19

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF VILLIERS PARK EDUCATIONAL TRUST

Opinion

We have audited the financial statements of Villiers Park Educational Trust (the 'charity') for the year ended 31 August 2025 which comprise the Statement of Financial Activities, the Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

give a true and fair view of the state of the charitable company's affairs as at 31 August 2025 and of its incoming resources and application of resources, including its income and expenditure for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Page 20

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF VILLIERS PARK EDUCATIONAL TRUST (CONTINUED)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Trustees' Report for the financial year for which the financial statements are prepared is consistent with the financial statements.
the Trustees' Report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or certain disclosures of Trustees' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit; or
the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Trustees' Report and from the requirement to prepare a Strategic Report.

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 21

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF VILLIERS PARK EDUCATIONAL TRUST (CONTINUED)

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We reviewed systems and procedures to identify potential areas of management override risk. In particular we agreed the financial statements to underlying records and we carried out testing of journal entries and other adjustments for appropriateness.
We reviewed minutes of the Trustee Board meetings.
• We reviewed risk management processes and procedures in place for the reporting of any incidents to the Trustee Board including serious incident reporting.
We made enquiries of management and officers of the charitable company regarding laws and regulations applicable to the organisation and discussed whether there had been any known breaches of laws and regulations in order to consider any possible further implacations and impact upon the charity.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Page 22

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF VILLIERS PARK EDUCATIONAL TRUST (CONTINUED)

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Suzanne Goldsmith FCA (Senior Statutory Auditor)

for and on behalf of Price Bailey LLP

Chartered Accountants Statutory Auditors Tennyson House Cambridge Business Park

Cambridge CB4 0WZ

Date: 6 May 2026

Page 23

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025

Note Income from: Donations and legacies Charitable activities Investments 4 5 6 Total income Expenditure on: Raising funds Charitable activities 7 8 Total expenditure Net expenditure before net gains on investments Net gains on investments Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 2025 £ 47,362 45,450 109,639 202,451 154,118 237,848 391,966 (189,515) 39,428 (150,087) 2,945,543 (150,087) 2,795,456	Restricted funds 2025 £ 563,722 - - 563,722 - 714,997 714,997 (151,275) - (151,275) 305,548 (151,275) 154,273	Total funds 2025 £ 611,084 45,450 109,639 766,173 154,118 952,845 1,106,963 (340,790) 39,428 (301,362) 3,251,091 (301,362) 2,949,729	Total funds 2024 £ 685,610 47,986 120,822 854,418 110,148 953,699 1,063,847 (209,429) 231,448 22,019 3,229,072 22,019 3,251,091

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 11 to 31 form part of these financial statements.

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Page 24

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025

Income Gains on investments Gross income in the reporting period Less: Total expenditure Net (expenditure)/income for the reporting period The notes on pages 11 to 31 form part of these financial statements.	Total funds 2025 £ 766,173 39,428 805,601 (1,106,963) (301,362)	Total funds 2024 £ 854,418 231,448 1,085,866 (1,063,847) 22,019

Page 25

VILLIERS PARK EDUCATIONAL TRUST (A Company Limited by Guarantee) REGISTERED NUMBER: 11443649

BALANCE SHEET AS AT 31 AUGUST 2025

Note Fixed assets Intangible assets Tangible assets Investments Investment property 12 13 15 14 Current assets Debtors Cash at bank and in hand 16 Current liabilities Creditors: amounts falling due within one year 17 Net current assets Total net assets Charity funds Restricted funds Unrestricted funds 18 18 Total funds	206,211 150,954 357,165 (124,335)	2025 £ 6,934 5,496 2,604,469 100,000 2,716,899 232,830 2,949,729 154,273 2,795,456 2,949,729	249,358 346,206 595,564 (79,424)	2024 £ - 7,921 2,627,030 100,000
				2,734,951 516,140

				3,251,091
				305,548 2,945,543

				3,251,091

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on _10 April 2026______ and signed on their behalf by:

Simon Smith C hair of the Re sources Committee

The notes on pages 11 to 31 form part of these financial statements.

Page 26

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025

Cash flows from operating activities Net cash used in operating activities Cash flows from investing activities Dividends, interests and rents from investments Proceeds from the sale of tangible fixed assets Purchase of tangible fixed assets Proceeds from sale of investments Net cash provided by investing activities Cash flows from financing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year	2025 £ (390,457) 154,067 - (11,862) 53,000 195,205 (195,252) 346,206 150,954	2024 £ (216,994) 120,822 6,000 (942) 24,139 150,019 (66,975) 413,181 346,206

The notes on pages 11 to 31 form part of these financial statements

Page 27

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1. General information

Villiers Park Educational Trust is a charitable company limited by guarantee and incorporated in England and Wales. Its registered office is Allia Future Business Centre, King's Hedges Road, Cambridge, CB4 2HY.

The charity's functional and presentational currency is GBP.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Villiers Park Educational Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and have taken account of pressures on fundraising income and the impact of the turbulent socio-economic environment.

After making enquiries the trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Rents receivable under leases for properties are recognised on a straight line basis over the term of the lease.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

Page 28

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

2. Accounting policies (continued)

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

Governance costs includes any such costs required for the administration and governance of the charity, such as audit fees, administrative staff and related costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Intangible assets and amortisation

Intangible assets costing £500 or more are capitalised and recognised when future economic benefits are probable, and the cost or value of the asset can be measured reliably.

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Amortisation is provided on intangible assets at rates calculated to write off the cost of each asset on a straight-line basis over its expected useful life.

The estimated useful lives are as follows:

Software and website - 3 years

2.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £250 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives are as follows:

IT equipment - 3 years

Page 29

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

2. Accounting policies (continued)

2.7 Investments

Investment property is carried at fair value determined annually based on professional advice received and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the statement of financial activities.

Listed investments are stated at fair value at the balance sheet date. The Statement of Financial Activities includes the net gains and losses arising on revaluations and disposals throughout the year. Where there is a permanent diminution in the value of investments, the deficit is treated as a realised loss.

2.8 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.9 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.10 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

2.11 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.12 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

Page 30

VILLIERS PARK EDUCATIONAL TRUST (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

2. Accounting policies (continued)

2.13 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

3. Critical accounting estimates and areas of judgment

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.

Valuation of investment property

The freehold land holding in Oxfordshire was valued as at 14 February 2022 by Laws & Fiennes, Chartered Surveyors, on an open market valuation basis. These independent valuers have recognised and relevant professional qualifications and have recent experience in the location and class of investment properties they valued. There has been no subsequent valuation as at 31 August 2025, however the Trustees believe the valuation remains accurate and appropriate. The Trustees recognise that this is an area of judgement, however in their opinion, the estimated market values of the investment properties at the balance sheet date are not materially different from the amounts at which they are included in the financial statements.

4. Income from donations and legacies

Unrestricted funds 2025 £ Donations Grants 47,224 138 47,362	Restricted funds 2025 £ 254,864 308,858 563,722	Total funds 2025 £ 302,088 308,996
		611,084

Page 31

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

4. Income from donations and legacies (continued)

Unrestricted funds 2024 £ 61,881 - Donations Grants 61,881	Restricted funds 2024 £ 281,589 342,140 623,729	Total funds 2024 £ 343,470 342,140
		685,610

5. Income from charitable activities

Unrestricted funds 2025 £ Future Leaders Programme Partnership Trading income 40,450 5,000 45,450 Unrestricted funds 2024 £ Restricted funds 2024 £ Future Leaders Programme 48,416 (430)	Total funds 2025 £ 40,450 5,000
	45,450
	Total funds 2024 £ 47,986

6. Investment income

Unrestricted funds 2025 £ Investment interest received Bank interest received 106,226 3,413 109,639	Total funds 2025 £ 106,226 3,413
	109,639

Page 32

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

6. Investment income (continued)

Unrestricted funds 2024 £ Investment interest received Bank interest received 113,278 7,544 120,822	Total funds 2024 £ 113,278 7,544
	120,822

7. Expenditure on raising funds Costs of raising voluntary income

Unrestricted funds 2025 £ General fundraising costs Wages and salaries Pension costs 90,200 61,960 1,958 154,118 Total 2025 Unrestricted funds 2024 £ General fundraising costs Wages and Salaries Pension costs 24,820 81,848 3,480 110,148 Total 2024	Total funds 2025 £ 90,200 61,960 1,958
	154,118
	Total funds 2024 £ 24,820 81,848 3,480
	110,148

Page 33

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

8. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted funds 2025 £ House of Commons Residential Future Leaders Programme Enrichment NCS LaunchPad Apex CPCA - 234,126 3,722 - - 237,848 Unrestricted funds 2024 £ Future Leaders Programme Sustainable Futures LaunchPad Apex Enrichment Partnerships Bursaries 269,263 9,767 - - - 279,030 9. Analysis of expenditure by activities Activities undertaken directly 2025 £ House of Commons Residential Future Leaders Programme Enrichment NCS LaunchPad Apex CPCA 7,577 588,989 50,188 40,782 1,049 688,585	Restricted funds 2025 £ 7,577 615,401 50,188 40,782 1,049 714,997 Restricted funds 2024 £ 541,912 12,500 50,592 53,565 16,100 674,669 Support costs 2025 £ - 260,538 3,722 - - 264,260	Total 2025 £ 7,577 849,527 53,910 40,782 1,049
		952,845
		Total 2024 £ 811,175 22,267 50,592 53,565 16,100
		953,699
		Total funds 2025 £ 7,577 849,527 53,910 40,782 1,049
		952,845

Page 34

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

9. Analysis of expenditure by activities (continued)

Support cost breakdown FY25

Professional Fees £53,213 Charges £5,901 Fixed Assets £7,947 Office Costs £63,421 Salary £119,880 Governance £13,898

Costs allocated to Governance are expenses that relate to the management and compliance of the Charity, they are distinct from the day-to-day operations and fundraising costs. Costs included are in relation to marketing, travel & training.

Future Leaders Programme Sustainable Futures LaunchPad Apex Enrichment Partnerships Bursaries	Activities undertaken directly 2024 £ 304,121 22,267 50,592 50,513 16,100 443,593	Support costs 2024 £ 507,054 - - 3,052 - 510,106	Total funds 2024 £ 811,175 22,267 50,592 53,565 16,100
			953,699

Auditors' remuneration
	2025	2024
	£	£
Fees payable to the Charity's auditor for the audit of the Charity's annual
accounts	11,750	18,500
Fees payable to the Charity's auditor in respect of:
All non-audit services not included above	1,500	3,700

Page 35

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

11. Staff costs

Wages and salaries Social security costs Contribution to defined contribution pension schemes	2025 £ 546,054 53,529 17,173 616,756	2024 £ 615,640 55,875 25,462

		696,977

The average number of persons employed by the Charity during the year was as follows:

Educational activities Support staff	2025 No. 16 6 22	2024 No. 15 6

		21

The average headcount expressed as full-time equivalents was:

Educational activities Support staff	2025 No. 16 6 22	2024 No. 15 6

		21

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

		2025	2024
		No.	No.
In the band £80,001	- £90,000	1	1

During the year, no trustees received any remuneration or other benefits (2024 - £NIL).

The key management personnel of the charity comprise Chief Executive and Director of Programmes. During the year they received salaries, pension contributions, employer's NI contributions and other employee benefits totalling £159,106 (2024: £164,690)

Page 36

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

12. Intangible assets

Cost At 1 September 2024 Additions Disposals At 31 August 2025 Amortisation At 1 September 2024 Charge for the year On disposals At 31 August 2025 Net book value At 31 August 2025 At 31 August 2024	Computer software £ 14,077 7,800 (13,871) 8,006 14,077 866 (13,871) 1,072 6,934 -

Page 37

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

13. Tangible fixed assets

Cost or valuation At 1 September 2024 Additions Disposals At 31 August 2025 Depreciation At 1 September 2024 Charge for the year On disposals At 31 August 2025 Net book value At 31 August 2025 At 31 August 2024	Fixtures and fittings £ 26,272 4,062 (8,493) 21,841 18,351 6,281 (8,287) 16,345 5,496 7,921

Page 38

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

14. Investment property

Valuation At 1 September 2024 At 31 August 2025	Freehold investment property £ 100,000
	100,000

In the opinion of the trustees, the estimated market values of the investment properties at the balance sheet date are not materially different from the amounts at which they are included in the financial statements.

A valuation was carried out in October 2025 by Daisy Miller BSc (Hons) MRICS FAAV of Brown & Co property and business consultants which confirms the values of £93,000 which is not materially different to the £100,000 figure used within the financial statements. Appropriate review has taken place to ensure this value is applicable to the 31 August 2025 year end.

15. Fixed asset investments

Cost or valuation At 1 September 2024 Disposals Revaluations At 31 August 2025	Listed investments £ 2,627,030 (53,000) 30,439
	2,604,469

Page 39

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

16. Debtors

Trade debtors Other debtors Prepayments and accrued income	2025 £ 39,110 2,142 164,959 206,211	2024 £ - 3,279 246,079

		249,358

17. Creditors: Amounts falling due within one year

Trade creditors Other taxation and social security Other creditors Accruals and deferred income Deferred income at 1 September 2024 Resources deferred during the year Amounts released from previous periods	2025 £ 53,289 11,215 7,602 52,229 124,335 2025 £ 4,583 39,583 (4,583) 39,583	2024 £ 29,604 14,653 7,804 27,363

		79,424
		2024 £ 13,689 4,583 (13,689)

		4,583

Deferred income in 2024 and 2025 included a licence fee relating to a year spanning the period end.

Page 40

Balance at	31 August	2025	£			18,376	2,489,428	2,507,804		189,652	98,000	287,652	2,795,456
	Gains/	(Losses)	£			-	39,428	39,428		-	-	-	39,428
	Transfers	in/out	£			(1,452)	(50,000)	(51,452)		51,452	-	51,452	-
		Expenditure	£			-	-	-		(391,966)	-	(391,966)	(391,966)
		Income	£			-	-	-		202,451	-	202,451	202,451
Balance at 1	September	2024	£			19,828	2,500,000	2,519,828		327,715	98,000	425,715	2,945,543
				Unrestricted funds	Designated funds	Mike Baker Memorial Fund	The Foxton Fund		General funds	Unrestricted funds	Revaluation reserve		Total Unrestricted funds

----- Start of picture text -----
Statement of funds Statement of funds - current year Unrestricted funds Designated funds Mike Baker Memorial Fund The Foxton Fund
18.
----- End of picture text -----

Balance at	31 August	2025	£	105,522	-	30,000	-	-	18,751	154,273	2,949,729
	Gains/	(Losses)	£	-	-	-	-	-	-	-	39,428
	Transfers	in/out	£	-	-	-	-	-	-	-	-
		Expenditure	£	(615,400)	(7,577)	-	(40,782)	(50,189)	(1,049)	(714,997)	(1,106,963)
		Income	£	471,156	7,577	15,000	-	50,189	19,800	563,722	766,173
Balance at 1	September	2024	£	249,766	-	15,000	40,782	-	-	305,548	3,251,091

----- Start of picture text -----
Statement of funds (continued) Statement of funds - prior year
----- End of picture text -----

	Balance at	31 August	2024	£	19,828	2,500,000	2,519,828	327,715	98,000	425,715	2,945,543
		Gains/	(Losses)	£	-	231,448	231,448	-	-	-	231,448
		Transfers	in/out	£	(8,000)	(231,448)	(239,448)	257,948	-	257,948	18,500
			Expenditure	£	(1,355)	-	(1,355)	(387,823)	-	(387,823)	(389,178)
			Income	£	1,530	-	1,530	229,589	-	229,589	231,119
Balance at	1	September	2023	£	27,653	2,500,000	2,527,653	228,001	98,000	326,001	2,853,654

----- Start of picture text -----
Unrestricted funds Designated funds Mike Baker Memorial Fund The Foxton Fund
----- End of picture text -----

----- Start of picture text -----
Total Unrestricted funds
----- End of picture text -----

----- Start of picture text -----
General funds Unrestricted funds Revaluation reserve
----- End of picture text -----

						Balance at	31 August	2024	£		-	249,766	-	15,000	40,782	-	305,548	3,251,091
							Gains/	(Losses)	£		-	-	-	-	-	-	-	231,448
							Transfers	in/out	£		(26,500)	8,000	-	-	-	-	(18,500)	-
								Expenditure	£		-	(541,912)	(12,500)	(16,100)	(50,592)	(53,565)	(674,669)	(1,063,847)
VILLIERS PARK EDUCATIONAL TRUST	(A Company Limited by Guarantee)	NOTES TO THE FINANCIAL STATEMENTS	FOR THE YEAR ENDED 31 AUGUST 2025		Balance at	1	September	2023 Income	£ £		26,500 -	289,744 493,934	12,500 -	31,100 -	15,574 75,800	- 53,565	375,418 623,299	3,229,072 854,418
				Statement of funds (continued)						Restricted funds	Inspiring Excellence Programme	Future Leaders Programme	Sustainable Futures	Bursaries	LaunchPad Apex	Enrichment Partnerships		Total of funds

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

19. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted funds 2025 £ Tangible fixed assets Intangible fixed assets Fixed asset investments Investment property Current assets Creditors due within one year 5,496 6,934 2,604,469 100,000 215,635 (137,078) 2,795,456 Total	Restricted funds 2025 £ - - - - 141,530 12,743 154,273	Total funds 2025 £ 5,496 6,934 2,604,469 100,000 357,165 (124,335) 2,949,729

Analysis of net assets between funds - prior year

Tangible fixed assets Fixed asset investments Investment property Current assets Creditors due within one year Total	Unrestricted funds 2024 £ 7,921 2,627,030 100,000 268,565 (57,973) 2,945,543	Restricted funds 2024 £ - - - 326,999 (21,451) 305,548	Total funds 2024 £ 7,921 2,627,030 100,000 595,564 (79,424) 3,251,091

Page 46

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

20. Reconciliation of net movement in funds to net cash flow from operating activities

Activities) Net (expenditure) / Income for the year (as per statement of Financial Adjustments for: Depreciation charges Amortisation charges Losses on investments Dividends, interests and rents from investments Loss on the sale of fixed assets Decrease in debtors Increase/(decrease) in creditors Net cash used in operating activities	2025 £ (301,362) (2,006) (13,005) (30,439) (154,067) 22,364 43,147 44,911 (390,457)	2024 £ 22,019
		5,494 - (231,448) (120,822) - 152,586 (44,823)

		(216,994)

21.	Analysis of cash and cash equivalents	Analysis of cash and cash equivalents
		2025	2024
		£	£
	Cash in hand	150,954	346,206
22.	Analysis of changes in net debt

	At 1
	September		At 31
	2024	Cash flows	August 2025
	£	£	£
Cash at bank and in hand	346,206	(195,252)	150,954

Page 47

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

23. Pension commitments

The Charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £21,774 (2024 - £25,462). Contributions totalling £5,849 (2024 - £5,678) were payable to the fund at the balance sheet date and are included in trade creditors.

24. Operating lease commitments

At 31 August 2025 the Charity had commitments to make future minimum lease payments under noncancellable operating leases as follows:

Not later than 1 year Later than 1 year and not later than 5 years	2025 £ 25,415 1,480 26,895	2024 £ 23,406 12,645

		36,051

25. Related party transactions

The Villiers Park Educational Trust has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Villiers Park Educational Trust at 31 August 2025. There were also no related party transactions in the year ended 31 August 2024.

Page 48

VILLIERS PARK EDUCATIONAL TRUST

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

CONTENTS

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025

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VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Villiers Park targets its programmes to reach young people at risk of missing opportunities

What we do

Where we work

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

A values-led organisation

Our Strategic Priorities

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Impactful programmes:

Future Leaders Programme

77% Future Leaders told us that they felt they had more options for their ‘possible selves’ following the programme, highlighting the positive impact we are making on broadening students’ perspectives.

Over 80% of Future Leaders had clarity and certainty about their future pathways at the end of Year 13, more than double at the start of the programme.

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Over 90% of Future Leaders progressed into higher education, employment and

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Evaluating our impact

Increased reach:

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Conducive policy:

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Enablers of growth:

Financial growth and management:

Organisational culture:

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Working for future generations:

Plans for future periods

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Financial review

Income generation: overview

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Fundraising strategy

Investment strategy

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Thank you

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Governance

Charitable Objective

Our Vision

Public Benefit

The Board of Trustees and Company Directors

VILLIERS PARK EDUCATIONAL TRUST

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

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