Char4ty reglstration number: 1196215 School Partnerships Alliance Annual Report and Financial Statements for the year ènded 31$t August 2026 Wenn Townsend Chartered Accountants Oxford
School Partnerships Alliance Contents Page Charity Reference and Administrative Details Trustees. Annual Report Independent Examiner's Report Slalement of Financial Activities Balance Sheet Notes to the Financial Slalemenls 8-13
School Partnerships Alliance Charity Reference and Adminlstratlve Detalls for the year ended 31st August 2025 Charity registration number. 1196215 Trustees: T J M Arbulhnoll S E Butlerworth T Campbell J Dhesi S K Lesler N A Mattin J L Robinson N L Winkley CEO: J A F Spence Reglster&d office- clo Mccarthy Denning 70 Mark Lane London EC3R 7NQ Examiner: Wenn Townsend 30 Sl Giles Oxford OX13LE Bankgrs.. Metro Bank One Southampton Row London WC18 SHA
School Partnèrship5 Alliance Trustees Annual Report for the year ended 31st August 2025 The Tru51ees present their report and the financial slalemenls of the charity lorthe year ended 31st August 2025. The Trustees have adopted the provisions of the Slalemenl ol Recommended Practice ISORPI 'Accounling and Reporting by Charities. in preparing the annual report and fi'nancral statements ol the charrty. Trustees of the charity The Trustees who have served during the year and since the period end were as follows.. T J M Arbulhnott S E Butterworth T Campbell lappoinled May 20251 J Dhesi S K Lesler N A Mattin J L Robinson N L WInkY Objective$ and activltles The objects of the CIO are, for the public benefit, to advance education, in particular bul not exclusively, by developing school partnerships. The School Partnerships Allian IS.P.A.l exists lo give partnership work the profile it deserves through 8 dedicated membership-led charrty, recogni5ing and celebrating that schools in both the maintained and independent sectors have mLJ¢h lo give and things lo learn. The aim is to develop the educational. social and employment capacities and opportunities of all children and young people. particulady disadv8nlaged children and young people. and lo improve their conditions of lrfe. Our mission is lo promote sustainable and mulualty beneficial cross-sector school partnerships that are reco9nised as a force lor school improvement and the strongest pupil outcomes. To achieve this lil we work lo raise the profile of p8rtnerships, (ill provide access lo and support for partnership networks, liiil develop high quality training and a common k3nguage and framework for partnerships, livl undertake research and Iv) evaluate the imp8Ct of partnerships. Vvhal we hope lo achieve is the development of a wide and engaged convnunily of partnership professionals working together across educational sectors lo becoThe a force for 5yslem-wide improv8monl that supports learner aspirations. outcomes, social enri¢hmgnl and well-being. During this reporting penod, S.P.A. has f(Kused on sustaining membership. developing research, running events and conferences. and establishing Ils strategic and operational priorities under a new CEO. 11 has sought lo develop positive and effective relationships with the DfE and other bodie5 and organisab'ons to support partnership work going on across the educational sector and lo ensure that all schools, regardless of Iation, type and sizo, have a roule into partnership working. The focus has been on opportunities that Gan transform young lives land tèachers lives), through the creation of a strategy lor educational partnerships which will 5eNe ackn¢)wledged national educ*ional priorrtie$ and that can be scaled. To luifil our purpose. we look lo incenlivize engagement in partnership work across maintained and independent schools.. encourage schools undertake Iwp8clful and measurable partnership projects.. and convince polilicL4ns. potential sponsors le.g. Irusls, businesses and lively c(¥npanie51 and the inspectorates IOFSTED and ISI) that all children benefit from such engagements Trustees aged th81 S.P.A. should equip partnership leads with a cornmon language and framework that will help schools al every stage of partnership engagement and development. and it is on this basrs that plans lor a school membership offor are now in place which will focus on practical support. peer lo peer exchange. development opportunities and training courses. In addition. S.P A. has ciealed an Innovation Hub, which brings praclilionets and experts from across the COLinlry together to la¢kle shared partnership Issues. and create shared solutions
School Partnershlps Alllance Trustees Annual Report Icontinuedl for th& year ended 31st August 2025 Public benefit statement The Trustees have Complied with their duty lo have due regard lo the guidance on public benefit publishgd by the Charity Commission in exercising Ihgir powers and duties. Achlevements and perfomiance During this time key appointments and engagements included.. Month Key milestones September 2024 CPD session for members CEO attendan al HMC Conference Innovation Hub meeting for Champions Networking event lonlinel CEO meelin with the Cham October 2024 ions November 2024 2nd annual Conference- Oundle School December 2024 Webinar for members Wbth the CEO¢lecl Appointment of new CEO CEO presents al the HThIIC new members, induclic CEO presents al CIVITAS 'Future of Independent Education, launch al House of Lords CEO presents al AMCIS ¢onference CEO 8mbarks on a pffjgtsmme of visrfs to mainÈain8d and independent schth)Is (over 50 visits by July 2025) S P.A. in-person neOrkIng event, Birrningham CEO allendance al Elon Star Conference Innovation Hub meeting for Champions CEO presents at Weslminsler Insights Independent Schools Conference CEO allendance at HMC Public Benefit and Partnerships meeting S.P.A. Spring Forum held in Charter School Bermondsey CEO presentation al FEDSpace Future of Partnerships in Place Appointment of Develo ment and Communlcatlons Lead CEO presents al SEA Conference in Berkhamsled CEO attendance and presentation al HMC Spring Conference CEO attendance al Elon Star Retreat CEO attendance al Foundation for Education Developm8nl consultation S.P.A. markelin slrale meelin with Trustees S.P.A. Tru51ee5 Strategy Day CEO launches Flourishing Leaders in Independent Schools engagement wilh the National Society of Education CEO present5 al AGBIS webinarwrth CEOS oflDPE, SEA and AMCIS S.P.A. launch National Swim Research ro ect with Swim En land and others January 2025 February 2025 March 2025 April 2025 May 2025 June 2025 August 2025 Appolntment of Membership and Communicatlons Manager
School Partnershrp5 Allrai)ce Trustees Annval Rèport (Contiued1 for the year eiidpd 21 st Aijgiist 2025 Financtal review (including reserves policy) The r@sults lor tb.e. year are Shown on page 6 wliiGh show a defiGIt of £2. 35912024 surplus of £17 9(K)I lor the ye<]f As at 31st ALiqusI ?0?5 the rharil/i had net asset5 01 £59.936 Including cash ai bar.k Iield ol F58 490 The Trustees Intend lo hoSd sufficiepl general rèsetvès lo support bètween 2-3 months ol cure operating costs al each year end. wliich Is Lurrently eslitnaled lo be circd £30 000 Free reserve5 held at 31st Aiigusl 2025 were approximately £59.000. which Is deemed to be In line with this policy particularly giveii that the charity is In rfs lormalive years Stru¢ture, goverF)ance and management The organisalun bearne a Charitable Incorporated Organisalion I'CIO'I with registered nurnbei 1198215 on 20th October 20?1, and il Is gO'erned by Its ConstitutOn adopted al that date. The TILpStee5 meei a minimum ol four times a year as a Btrard, with the Chief Eyeculive of the organisation In altèndarice A Finance and Rèsources Commiiiee linLorporalino responsibility ftrr Audit and Riskl and a Nominations and Succes51c)ns Committee have been established, which meet In between Trustee meetings. with any recommefidalions discussed and apprDvecJ al a fLIll Trustee meeting. Trustee meeliiigs are held In person and online MaF)ageirent Tlie Trustees consider that the Cliioi EALIJLiIIIve. Sl.'ftrl)orfed a siiiall leaiii n1a..'aq.s all aspecis of th.e .'ILJ31iisaliniTr q acliviliec Thp ('.F.O le3d5 on :levelopm@iil of Inn OlJalllSLilioiial slralegi ancl i)lan8. Ivilh the TrLisIFp All Trijslees give their time freely and no I ruslee remuiieralion was paid In the year rrusl8ès aiid Ihè Chi8f Executive are required lo discbse all i&levant Interests. and In accordance wilh the CIO'S policy withdraw Ironi decisions where 3 conlliLI of Interest dfises Board Dèvelopment Irlduclion of Trustees Includes ineelings with Ihe Chaii and Ch181 Ex2cJlive lo clarify thè CIO'S expectations of (* new Ti-Lislee as %vell as their specific role They arf prc)vided with copies c)1 Charity oiiimission guidance lor new Trustees logelhei wilh the CIO Consliliition. most recent financial %laterllenls and a copy ol 115 policies "Iliey 3150 51gn a Trb'slee Dpclar81101i which enconipasses a C4ode of Cjonducl 3nd receive further onentalion rplev3D( lo Iheii iole ivithiii Ihe larger Bnard On behalf of the board T J M Arbiithnntt Trustee N A Mattln Trustee 18 Novernber 2025
School Partnershlps Alliance Independent Examiner's Report to tha Tru5tee5 of School Partnerships Alliance I report lo the charity Trustees on my examination of the accounts of the charity for the year ended 31st August 2025 which are sel out on pages 6 10 13. Responslbllitles and basis of report As the ch2rily's Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe Acl'l, I report in respect of my examination of the ¢harrfy's accounts carried out under seCtn 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{511bl of the Act. Independent examiner's statement I have ¢ompleled my examination. I confimi that no material matters have come to my attention in connection wilh the examination giving me cause lo believe that in any material resped.. accounting records were not kept in respect of the chartly as required by section 130 of the Act.. or the accounts do not accord with those records.. or the accounts do not comply with the applicable requirements concerning the lorm and content ol accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gwe a 'true and fair view. which is not a matter Considered as part of an indeperKlenl examination. I have no concerns and have come across no other m8tters in connection with the exarninalion lo which atlenlion should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached B Haygs Bsc FCA Wenn Townsend Chartered Accountants Oxford 181h November 2025
School Partnerships Alliance Statement of Financial Actlvitles for the year endad 31st August 2025 Note 2025 2024 Income and endowments from: Charitable adivilies 132,920 149.929 Total income and endowments 132,920 149,929 Expenditur¢ on: Charitable activities {135.2791 {132,0291 Total expendlture 1135,2791 1132,0291 Net Incomellexpendlture} 12,3591 17,900 Transfers between funds Net movement in funds 10 12,3591 17,900 Roconciliation of funds.. Total funds brought lonNard 10 62.295 44,395 Total funds carried fonvard 10 59.936 62,295 All in¢ome and expenditure derive from continuing activities
School Partnership5 Alliance Balance Sheet as al 31st August 2025 Note 2025 2024 Fixed as$8ts Tangible asbets 411 1 027 Current assets Qeblors- accounts receivable Cash al bank and In hand 16.000 58.490 17.590 61.283 Creditors.. amounts falling due withit) one year 114.9651 111,6051 Net current assets 59.525 S1.268 Total assèts 16ss currefit Ilabilities 59.936 62.295 Nèt assets 59.936 62.295 Charity funds Unrestricted funds 10 59.936 62.295 Total charity funds 59,936 62.295 The financial statptnen15 wefe approved and autttori5ed for Issue by Ihe Btsard on 18[ Noveniber 2025 Signed on behalf of the Board of Trusteos T J M Arbuthnott Trustee N A Mattin Trustee The notes on pages 8 to 13 IGIM part of these financial statements
School Partnarshlps Alllance Notes to the Financial Statements for the year erbded 315t August 2025 Summary of significant accountlng policies (al General information and basis of preparation School Partnerships Alliance is a Charitable Incorporated Organisalion in England and Wales. The address of the registered office is given In the charrty information on page 1 of these financial statements. The nature of the charity's operations and principal adwiti8s are detailed in th8 Trusleas, Rgport. The charity constitijles 8 public benefit gnlrty as defilled by FRS 102. The financial slalemenls have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charit$ preparing their accounts in accoTdance with the Financial Rerts'ng Standard applicable in the UK and Republic of Ireland issued in October 2019. the Financial Reporting Standard applicable in tho United Kingdom and Republic of Ireland IFRS 1021. the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financi81 statements are prepared on a going concern basis under the historic81 cost convention, modrfied lo include certain items at fair value. The financial statements are piesenled in stsiling whh Is the functional currency of ihe charity. The significant accounting policies applied in the preparation of these financial slalements are sel out below. These policies have been consislenlly applied lo all years presented unless otherwise slated. Ibl Funds Unreslricled funds are available for use al the discretion of the Trustees in furtheran of the general objectives of the charity and which have not been designated forolher purposes. Designated funds comprise unreslricterl funds that have been set aside by the Trustees lor particular purposes. The aim and use of each designal8d fvnd is sel out in the notes lo the financial statements. R8slricled funds are funds whh are lo be used in accordance with specific reslriclions imposed by donors or which have been fftised by the charity for Partular purposes. The cost of raising and administering such fund5 are charged against the specific fund. The aim and use of each restred fund is sel out in the notes lo the financial statements. Icl Income recognitlon All incoming resources are included in the Slalemenl of Financial Activities ISOFAI when the charity is legally enlrtled to the income after any performance conditions have been mel. the amount ean be measured reliably and il is probable that the income wll be received. For donations lo bè recognised the charity will have been notified of the amounts and the s&lllemenl dale ill writing If there are conditions attached to the donation 8nd this requires a level of performance before entillemenl can be obtained then income is deferred until those conditions are fully mel or the lulfilmenl of those conditions is within the control of the charrty and il is probable that they will be ftjlfilled. Donalecl facilities and donated professronal services are recognised IN income at their fair value when their economic benefit is probable. il can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the gift lo the charity. For example. the amount the charity woukl be willing to pay in the open rnarkel for such facilities and seryices. A corresponding amount is recognised in expenditure. No amount is included in the financial slalemenls for volunteer lime in line with the SORP. Furtherdelail is gwen In the Trustees, Annual Report. 10
School Partnershlps Alliance Notes to the Financial Statèment5 Icontlnuedl for the year ended 31st August 2025 Summary of signlflcant accounting pollcles (continued) Idl Expenditure recognition All expenditure is accounted for on an accruals basi5 and has been classified under headings that aggregate all Costs related lo the category. Expenditure IS Tecognised where there is a legal ot conslrudive obligation lo make payments lothird parties. rt is probable that the settlement will be required and the amount of the oblualion can be measured reliably. Irrecoverable VAT is charged as an expense again51 the actNily for which expenditure arose. le} Support costs allocatlon Support costs are those that 8SS151 the work of the chartly bul do notdireclly represent charitable activities and include office Costs, governance costs, adminislralive payroll costs. They are incurred directly in support of expenditure on the objects of the Charity and include project management carried out al Headquarters. Where support costs cannot be directly attributed lo particular headings they have been allocated lo cost of raising funds and expenditure on charjtable activities on a basis consislenl wrth use of the SOurCes. The analysis of these costs is included in note 5. lfj Tangible fixed assets Tangible fixed assets are stated at Cost lor deemed costl or valuation less accumulated depreciation and accumulated impaiimenl losses. Cost includes costs directly attrulable lo making the asset capable of operating as intended. Depreciation is provided on all tangible fixed a55e15, at rates calculated lo write off the cost, less eslimaled residual value. of each 8Ssel on a 5yslemalic basis over ils expected useful life as follows.. Computer Equipment_ 250h straight line gl Debtors and creditOTS receivablelpayablo within one year Debtors and QdItorS wf(h no slated 1nteresl rale and receivable or payable within one year are recorded al transaction piice. Any losses arising from impaiment are rec¢gnised in expenditure. h) Impairment Assets not measured at lair value are rewewed lor any indication that the asset may be impaired al each balance sheet date. If such indication exist5. the recoverable amount of the asset, or the asset's cash generating unil, is estimated and compared to the carrying amount Where the carrying amount exceeds ils recoverable amount, an impairment loss is recognised in profil and loss unless the asset is carried at a revalued amount where the impairment loss is a reVUatIOn decrease. lil Provisions Provisions are recognised when the charity has an obligation al the balance she&l dale as a result of a past event, il is probable that an outflow of economic benefits will be required In settlement and the amount can be reliably eslimaled til Leases Rentals payable and receivable under operating lease5 are Charged to the SOFA on a slraighl line basis over the period of the lease.
School Partnerships Alliance Notes to the Financial Statements Icontinuedl for the year ended 31st August 2025 Summary of signrficant accounting policies Icontinuèdl Ikl Employee benefits When employees have rendered service lo the charity, short-temi employee benefits lo whh the employees are enltiled are recognised at the undiscounl8d amount expected lo be paid in exchange for that service. The charity operates a defined contribution plan for the benefit of ils employees. Contributions are expensed as Ih¢y become payable. 111 Tax The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered lo pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and Iherelore il meets the definrtion of a Charitab company for UK corporation tax purposes. Im) Going concern The fin8Dcial slalemenls have been prepared on a going concern basis 85 the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditu for 12 months from aulhorising these financial slalemenls. The budgeted income and Èxpenditure is sufficient with the level of reserves for the charity lo be able lo continue as a going concern. Charitable actlvltles 2025 2024 Champions Programme Membership Other- National Conference 119,000 9,220 4,700 134,150 15.779 132.920 149.929 12
School Partnerships Alliance Notes to the Flnancial Statements {continuedl for the year gnded 31st August 2025 Analysls of expenditure on charitable activltles Partnership promotion and development: 2025 2024 Dire¢l costs." Wages and salariè5 Consultancy and profession81 fees Other direct costs Support costslsee notg 41 69.535 28,581 301 36.862 88,681 11.988 1,066 30,314 135,279 132,029 Support COSts 2025 2024 Admin svpport Govemance (see note 51 Book-keeping fees Insurance IT SOare and consumables DepreciatOn Travel and entertaining Other 19,546 1.600 5,792 1.097 3.420 616 2,118 2.679 17,233 1,500 3,533 1.045 3,624 616 2.338 425 36,862 30,314 Govgmance costs 2025 2024 Independent examinerfs remunerakn'on 1,600 1,500 Trustees, and key management personriel remuneration The TrLJslees neither reiVed nor waived any remuneration during the year12024'. None). The lolal amount of employee benefits receivgl by key management personnel is £49,080 12024.. £59,232). The Trust considers its key management personnel comprise the CEO and Board of Tru51ees. No Trustee expenses were reimbursed12024'. £Nill during the year. 13
School Partnetships Alliance Notes to the Financial Statements Icontinuedl for the ygar ended 31st August 2025 Staff ¢osts and employee benefit5 2025 Number 2025 FTE 2024 Number 2024 FTE Charitable activities The lotsl staff costs and employee benefits were as follows.. 2025 2024 Wages and salaries Social security Defined contribution pension costs 65,917 2,168 1.450 81,280 5,345 2,056 69,535 88,681 No employee re1Ve lolal employee benefits (excluding employer pension costs) of more than £60,000 12024. Nonel. Tangible fixed assets Computer equipment Total Cost or valuation Al 3151 AguSt 2024 and 31st August 2025 2,464 2,464 Depreciation At 31st August 2024 Charge for the year 1,437 616 1.437 616 At 31st August 2025 2,053 2.053 Net book value Al 31st August 2024 1,027 1.027 Al 31 st August 2025 411 411 Creditors: amounts falling due wlthin one year 2025 2024 Trade creditors Other lax and social securty Aceru81s and deferred income 5,686 2,794 6,485 1,752 2,089 13,784 14.965 17,605
School Partnerships Alliance Notes to the Flnancial Statements Icontinuedl for the year ended 315t August 2025 10. Fund reconciliation Urkrestricted funds Balance at 31.8.2024 Income Balance al 31.8.2025 Expendlture Unrestricted general funds S2.295 132.920 1135,2791 59.936 Balancg at 31.8.2023 Income Balance at 31.8.2024 Expenditur& Unreslricled general funds 44,395 149.929 1132,0291 62,295 11. AnasIS of net assets bgtwaen funds Unrestricted funds Total funds 2025 Fixed assets Cash al bank Other current assels/liabiif(ies 411 58.490 1.035 411 58.490 1.035 Totsl 59.936 59.936 Unrestrlcted funds Total funds 2024 Fixed assets Cash al bank Olher cutrenl assetsliabililies 1.027 61,283 1151 1,027 61,283 1151 Totsl 62,295 62.295 12. Penslons and other post-retlrement benefits The Charity operates a defined Contribution pension plan for ts employees. The amount rogniSed as an expense in th& year was £1,45012024.. £2,0561. 13. Related party tranSal0S FoLJr Trustees of the charty were employed by four organisalions that contributed funds lo the charity as donor5 to the Champions programme. These funds were al the same level as other Champion conlribulors. Trustees are conlenl that there are no ¢onflicts of interest in these donalions. 15