2025-08-31-accounts

Holy Cross Preparatory School Kingston Annual Report and Accounts 31 August 2025 Charity Regi51ralion Number 1200167 Holy Cross Preparatory School Kingston

Contents Report5 Reference and adminislralive infoTmation Trustees, report Independenl auditor's report 22 Accounts Statement of financial activities 27 Balance sheet 28 Slalemenl of cash flows 29 Principal accounting policies 30 Notes lo the accounts 34 Holy Cross Preparatory School Kingston

Reference and admini$tratiVg information Membgrs Sisters of the Holy Cross CIO Andrew Steel Inominaled member) Trust99$ Beverley Brown Christopher Daley Sister Margaret Donovan (Chair} Sister Ursula Eberhardt lo Epstein Sarah Hair Russell Hanna Mary Kathleen Hayes Kieron Lynch Joanna Ord (resigned 81h October 20251 Andrew Steel Stephen Lehec lappolnled 23 September 2024} Headteacher Sarah Hair Bursar Russell Hanna Administrative Address Holy Cross Preparatory School George Road Kingston Upon Thames Surrey KT2 7NU Charity Registration Number 1200167 Audltor Buzzacoll Audit LLP 130 Wood Street London EC2V 6DL Bankers HSBC UK Bank plc 73 High Street. Watford Hertfordshire WD17 2DS Solicitors Harrison Clark Rickerbys Limited Ellenborough House Wellinglon Street Chellenham Glouceslershlre GL50 1YD Holy Cross Preparatory School Kingston 1

Trustees, report Year ended 31 August 2025 The Board of Trustees present their statutory reporl together with the accounts of Holy Cross Preparatory School Kingston Ilhe charity) for the year ended 31 August 2025. The accounts have been prepared in accordance with the accounting policies sel out on pages 30 10 33 of this report and comply wilh the charity's Conslitulion, applicable laws and Accounting and Reporting by Charities.. a Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 1021. Holy Cross Preparatory School Trustees Annual Report September 2024- 31 August 2025 Academic Year: 1 Wf• e the Spark, that empowers cholce5 in a ￿0dern workl 'Green space is a dominant Holy Cross strength. 11+ preparation Ns purportedly best in Glass. The variety of activities and experiences, particularly visits and excursions, is exception81. The culmination is that the girls are afforded an all-round education that, produGeS well- mannered Gonfident and cijrious students." (Parent Quote, July 25 - Year 51 INTRODUCTION The charity was registered as a Charitable Incorporated Organisation ICIOI on 24 August 2022 and is reglstered under the Charities Act 2011. Our Charity Registration Number is 1200167. HISTORY On 31 January 2023 the Sisters of the Holy Cross CIO (Charity Registration Number 11951621 transferred assets and liabilities relating lo Sisters of the Holy Cross Preparatory School lo Holy Cross Preparatory School Kingston. From 1 February 2023 the school operated as Holy Cross Preparatory School Kingston. continuing the work of the Sisters of the Holy CTOSS Preparatory School. Holy Cross Preparatory School Kingston 2

Trustees, report Year ended 31 August 2025 Previously part of the charity of the Sisters of the Holy Cross Charitable Trust, Holy Cross Preparatory School became a separate charity on 1 February 2023. The new CIO has two members.. the Sisters of the Holy Cross {Charily Registration Number 11951621 and a representative of the school trustees. The former members of the school Advisory Body became Iruslees of the new charity. The school was registered as a CIO on 24 August 2022 bul this entity remained dormant unti1 becoming operational on 1 February 2023. OBJECTS The objects of the charity are.. 111 lo advance education in accordance with the principles and doctrines of the Roman Caiholic religion in particular, bul wilhoul limilalion, by running a school known as Holy Cross Preparatory School in a¢¢ordance with the principles and subject lo the regu58lion5 and discipline of the Roman Catholic church bul welcoming to all faiths and backgrounds. {21 to advance education by provlding and assisting in the provision of facilities for education provided that such provision shall be ancillary or incidental to the running of the school., and 131 such other charitable purposes consislenl with the advancement of Roman Catholic reSigious education as the charity Iruslees see fil from lime lo lime. OUR MISSION AND ETHOS: a Caring school serving our local Catholic parish, community and society We aim through our pre-school nursery, pre-prep and prep-school, lo provide an excellent well-rounded education lo girls from the ages of 3 10 11 years. Our Mission is lo seek lo provide a Catholic education in which the worship of God, gospel values, a knowledge and respect for other faiths, and a sensitivity for tsthers are central lo school life. In the spirit of Sl Francis, the school is a caring community which strives to enable each person lo realise their full potential spiritually. academically, personally and physically. To achieve this the school welcomes all faiths and works in partnership with parents, teachers and children lo develop the God-given gifts of each person. very warm, welcoming school. It's clear the girls arp also very happy. Brilliant events through the school year. too. The school is a lovely community.. (Parent Quote, July 2025 - Year 31 OUR AIMS To enable each person lo grow lo Christian malurily, through our worship of Christ and fostering our journey in life. In the pursuit of excellence in our relallonships and leaching. we aim to give each child the opportunity for self-growth SPiTilually, personally, academically. and physically. Holy Cross Preparatory School Kingston 3

Trustees. report Year ended 31 August 2025 To develop each child's confidence. maturity and life-long enjoyment and love of learning. To Tecognise the individuality of each child and encourage the development of their own character and potenlial through an awareness and respect for themselves and for others. To develop the self-worth and self-discipline of each child and lo establish a caring school community. To prepaTe children for examinations and entry to senior schools within a broad and balanced curriculum relevant lo the needs of our children in an ever-changing world. To develop a strong sense of responsibility, co-operation and tolerance based on an awareness of need5 of others and an understanding of charitable works, To create and foster a partnership between parents and school and the wider community. To educate pupils how lo be agents of change., lo live a more sustainable way of lrfe and protect the planet. THE HOLY CROSS WAY & VALUES Pupils aspire lo conduct themselves in accordance with the school's Holy Cross Vvay. As a Holy Gross girl, I will use my God given gifts to follow his path by.. Serving and helping others as Jesus did. Embracing all school lrfe has lo offer with curiosty and gratitude. Considering others before myself with love anij pallen￿. Persevering lo do my personal best at all limes. Showing kindness and respect lo eaGh other and the world. Being a Garing, loyal and forgiving friend in every way. Bringing peace and resolution in times of confliGt. Bging courteous and greeting everyone with a smile. PartlGipaling wholeheartedly in school aclivilies. Being sincere. honest and sp8aking th8 kind truth. l am a Holy Cross girl wherever18m 8nd in everything I do. Our school and Catholic values are faith, love, family. compassion, service, truth, justice, forgiveness and hope. Holy Cross Preparatory School Kingston 4

Trustees, report Year ended 31 August 2025 We champion diversty and equal opportunities, promoting the nine principles of Catholic social teaching,. human dignity leveryone is speciall,. the common good Ilhinking of everyone)., participation (taking partl,. subsidiarily leveTyone should have a sayl, stewardship (caring for God's gtftsl.. solidarity {showng we carel,. options for the poor Ipulling people in most need firsll,. distributive justice (sharing fairly),. and promoting pea￿ (being peacemakers). OUR OBJECTIVES Our objectives are sel lo reflect our educational aims and ethos of the school. It is important to us that we maintain and enhance the academic and holistic success of the school. The objectives are however sel in the context of the broader goals we set for the school and its PLJpils. In setting our objectives and planning activities our Iruslees have given careful consideration lo the Charity Commission's public benefit guidance. Our key objectives for the reporting period included.. Eco-Friendly and Sustainable School: To provide an eco-friendly, sustainable school whose carbon footprint is reducèd, and which has a less negative impa¢l on our planet. Climate Change Educatlon". To educate pupils about the challenges of climate change lo meet il with delerminalion, and not despair, not just truth bul hope, lo be agents of change and lo live a more-suslainabl8 way of Irf8. Global Citizenshlp: To educate pupils as global citizens with a positive view of the world, society and diversity, helping them lo understand the complex issues the World faces by developing the school curriculum. Future-Ready Skills: To ensure pupils are equipped with key skills for the future.. ¢realivity,' problem-solving and communication lincluding in the digilal worldl by developing the school curriculum. Catholic Educatlon: To educate pupils in a Catholic school which follows the new National Catholic Schools Framework. High Academlc Standards-. To maintain high academic standards lo prepare pupils for highly selective senior schools. Maintaining Pupil Numbers.. To maintain high pupil numbers in a period of economic uncertainly lo maintain both a strong income stream and OUT high-quality educational provision. REVIEW OF ACTIVITIES AND ACHIEVEMENTS "Th& teaching staff are excellent, especially the Glass teachers and TAS in the pr&-prep years. The school strikes an &xc&llgnl balance academic rigour and building resilience and confidence lo have a go, whilst nurturing a love Df learrping. Thgre is a wonderfully varied curriculum delivered by engaging subjeGI-matter 6xperts. Girls are encouraged to have & go at lols of interesting opportunities LAMDA was particularly good for helping to develop confidence. especially among quieter girls within the class., (Parent Quote, July 2025- Year Holy Cross Preparatory School Kingston 5

Truste8s' report Year ended 31 August 2025 Access Our school welcomes pupils from all backgrounds. To admit a prospective pupil, the school needs lo be satisfied that il will be able lo educate and develop a child lo the best of their potential and in line with the general standards achieved by their peers al Holy Cross Preparatory School. Our admissions policy slates that priority is given lo siblings, Catholics and Christians. TheTeafler, an individual's economic slalus, ethnicity, race, religion form no part of the assessment process. The school is an equal opportunity organisalion and is commilled lo a Working environment that is free from any form of discrimination on the grounds of the protected characteristics. 11 will make any reasonable adjustments lo meet the needs of staff or pupils who are or become disabled. The school is commilled lo safeguarding and promoting the welfare of our pupils and expects all staff, parents and volunteers lo share Ihis commitment. Academlc Pupil performance data for year 1 to year 6, showed the vast majority of pupils academic achievement met national expectations with a large percentage of pupils exceeding age exp8clalions. In July 2025, all pupils in year 6 achieved national expectations in reading, writing and maths, except one in rnalhs. The Tnajorily of pupils achieved well above national expectations. 74 % of pupils have a non-verbal reasoning slandaTdised score of 127+ Scholarships 50¥0 of year 6 pupils were awarded scholarships by their chosen senior schools and several pupils received more than one. In lolal, Holy Cross Preparatory School pupils were offered 47 scho5arships in 2025. These included 25 academic scholarships,. 2 sports.. 2 all-rounder,. 11 music,. 4 art,. and 3 drama scholarships. Plus 2 academic exhibition and 1 drama exhlbillon. Educational activities The rich, dynamic school curriculum is highly motivating and engaging, encouraging pupils lo be curious and devÈlop a lovè of learning. This results in success across the curriculum. The school aims lo ignite the spark and shape the life of our young learneTS fostering their independent learning skills. so they become excellent al listening. noticing, questioning, collaborating and revising. Learning delivered is fun, engaging and planned with plenty of challenge and consolidation. Pupil well-being is front and centre in the formation of our young people as we develop their academic, spiritual, emotional and Social intelligence. During the year, pupils have taken part in a broad range of high-qualily relevant learning activities in the core subjects.. English, maths, science, religious education, history, geography and personal, social and health education. Along with the specialist laughl subjects.. art, French, computing. PE, drama and music. Holy Cross Preparatory School Kingston

Trustees, report Year ended 31 August 2025 During the academic year, there was a particular focus on the theme of Hope., encouraging pupils to develop a positive and forward-looking mindset, learning the importance of resilience, optimism, proactive problem-solving and fulure-mindedness across the curriculum. This was in active support of the Catholic Jubilee Year of Hope proclairned by the former Pope Francis in which he invited people lo be Pilgrims of Hope - Hope does not disappoint. Pupils were encouraged lo bring hope lo others using their own helping hands of hope. Educational highlights of the year included.. year 6 pupils look powerful action on the climate crisis by writing heartfelt letters to key national leaders including His Majesty the King and the Prime Minister whose offices both responded,. in drama, pupils performed a moving piece tilled Hope is the Thing with Feathers, exploring resilience and optimism,. the 80th anniversary of VE Day brought the whole school together in reflection, focusing on a moment of hope in history.. year 6's end-of-year play, Archibald's War, told the emotional story of a young evacuee and her beloved teddy, Archibald, capturing hearts and imaginations,. we heard from two of our own families who shared their personal pilgrimages one walking the Camino de Santiago. and another founding a charity project that brings hope and healing lo the sick., and the whole school community came together lo Walk for Chalala around Wimbledon Common, a sponsored walk to raise funds for windows, doors, a tiled floor, and toilets al our sister school in Zarnbia. Educational visits All years have taken part in valuable first-hand educational visits including lo.. Bockell's Farm to study British wildlife, their habitats and adaplalions for survival,. Whipsnade Zoo.. Bletchley Park lo deepen their understanding of World War11, computer coding, D day and the Enigma machine." Bulser Ancient Farm for an opportunity lo study the Romans through hands on immersive practical aclivilies,. and Hampton Court lo learn about Tudor Life. The benefits of the residential trips go beyond supporting the classroom curriculum to enable peers lo interact in a different setting, enhancing their social skills and learn the value of teamwork. Residential trips look pupils lo learn about.. the Vikings and Anglo- Saxon life al Uflon Court, Reading.. coastal landforms including erosion and deposition on the Jurassic Coast, Dorset-, as well as providing language and French life immersion in a slruclured, fun and fulfilling way at the Maison Claire Fontaine. Burgundy. An optional trip lo PGL Liddinglon offered physical challenge and the opportunity lo build resilience. Holy Cross Preparatory School Kingston 7

Trustees, report Year ended 31 August 2025 Faith life of the school With Christian values al our core, developing the loving hearts and minds of the next generation is most Important. The spiritual life of the the schoo5 is thriving for Ihose of all faiths and those of none as we promote our Calholic values of faith, love, family, compassion, service, truth, justice, forgiveness and hope in today's global world. Together Wlth our collective vision and mission statement, our values help form our collective identity. Pupil faith leadeTS plan and implement new initiatives in line with the school's mission and ethos, support and develop collective worship throughout Ihe school and are ambassadors for the faith formation and liturgical life of the school cornmunily. During the academic year, the faith life of the school followed the liturgical calendar, celebrating in prayer and liturgy as well as other faith based activities. The academic year started in September with The Feast of the Holy Cross, followed by Harvest Festival. Preparation for Christmas was an early Advent season with Advent promises. the Advent wreath and Nativities. In January we celebrated the Epiphany. At the beginning of Lent, pupils wrote Lenten promises to think about how they could make changes in their lives to be more like Jesus and walk with Him on his pilgrimage during Lent, these were displayed on footprints across the school., pupils acted the Easter story at our Lenten Walk (Stations of the Crossl in the grounds. Throughout the year. pupil-led ThAas5es and services celebrated Holy Days, feast days and solemnities, often joined by our parish priest from Sl. Ann's Parish Kingston. Sr. Ursula led a highly popular weekly 'Time 4 God, group for parents, which was well allended and open lo all faiths. As part of our continued commitment lo serving others, the s¢hc¥)I was actively involved in many charitable events detailed below. Ip10} Music Music is a very important part of the curriculum, enabling pupils to appreciate, read and make music. The specialist music teacher led curriculum lessons, whilst visiting specialists laught 150 pupils a wide variety of lessons including piano, singlng, Irumpel, violin, cello, guitar, electric guitar, flute, recorder. oboe, clarinet, and drums. Excellent ABRSM (Royal Schools of Music) results were achieved by pupils, from prep and initial lesls up lo Grade 5. with 830k achieving merit and distinction. Holy Cross Preparatory School Kingston

Trustees, report Year ended 31 August 2025 During the year, music enserllbles including the orchestra, three choirs, djembe drums and hand chimes enjoyed making music together and performing in assemblies. In spring. an Evening Music demonstrated the musical lalenl of our junior pupils where various soloists performed alongside the school ensembles, parl of the curriculum various year groups learnl to play the recorder, ukulele and a brass instrument. Year 5 pupils compleled a project on graphic scores and incorporated technology into their music-making Drama In partnership with the Musi¢ Department. every pupil took part in one of many plays during the school year developing their performance skills and self-confidence lo act and sing lo an audience. In years 2 and 3, pupils look LAMDA exams, along with year 4 to year 6 pupils who prepared in LAMDA club. 124 pupils look LAMDA exams and all 1000/0 passed, mostly with distinction and some merits. The year 6 summer play was a production of Archibald's War for a Iwo-nighl run in Ihe school's curtsin Ihealre. Ji Art Art at Holy Cro$s Prep is laught by a specialist teacher In a dedicated spac8. In the reception year, art is integral lo the EYFS curriculum, so it is parl of the pupils, daily learning experience in the classrooms. The subject naturally formed strong cross-curricular links with digital drawing in computing >.. lessons, as well as topic-based projects on the Stone Age and *_ Egyptians, which were explored during pupils. history lessons. Pupils were introduced lo a wide range of materials and techniques including oil and chalk pastels, pen and pencil, collage. painting, printing. lexliles and mixed media. Pupils 8180 experienced 3D materials with clay and mod-roc. Topics were very broad with direct links to a variety of artists from all different genres including black history artists for example Alma Thomas and Jean Michel Basquial. Arts and crafts laughl from around the world provided a critical context for making. The curriculum was extended by visiting exhibitions such as Frameless Great Masters. Holy Cross Preparatory School Kingston g

Trustge$' report Year ended 31 August 2025 Sport With a policy of sport for all wth excellence, pupils immersed themselves into a wide range of different activities throughout the year. Core sports included hockey, netball, cricket, athletics, dance, swimming, gymnastics and cross- country for junior pupils and fundamental ball skills, dan and gymnastics for the pre-prep. Football and pickle ball are also part of the curriculum. The whole school came together for an annual inlerhouse dan￿ cornpelilion and the year ended with a fabulous sports day for the whole school. The sports teams, results reflect the hard work and enthusiasm of the pupils. All teams in years 3 to year 6 had interschool matches in hockey, footba11, netball and crickel. • The U11A hockey team finished as runners up in the plate at the regional IAPS tournament, 6UI out of 14 schools in the Surrey hockey. + The U11 A Netball team finished 2nd in the Borough tournament, 4th out of 10 in Hawthorns tournament, 6th out of 18 in the Surrey tournarllenl, and joint 5th at IAPS regionals out of 16 schools • In Cricket the U11A team were 3rd out of 6 in Twickenham prep tournament and played competitively in the IAPS regional where they won 2 matches and lost 3. In the Kingston borough cross country year 6 came 3rd and year 5 2[ Clubs Each term, the pupils enjoy a wide variety of exlra-CUTricular Clubs, offering activity clubs before and after school as well as during the day. Clubs are offered bolh to specific age groups and mixed. The club programme is changed lermly. The extra-curricular clubs in which the pupils participated included.. music - orchestra, choir, drums, hand chime.. Sport summer SFX)rts, nelba51, hockey, tennis, gymnastics, fencing, cricket, playball, football., Other forest skills. ballet. science, public-speaking, maths. chess, mindfulness, quiz, LAMDA, French grammar, hip hop, cheer, yoga, drama, Spanish, louch-typing, art, cookery, wildlife, cross-stitch. drawing, Hama beads, book club and life skills. The school provides a highly popular wrap-around care provlsion to support the needs of working parents (Breakfast Club from 7.'30am, Tea Club lo 6.'OOpm and Homework Club lo 6..OOpml. Holy Cross Preparatory School Kingston 10

Truslees, report Year ended 31 August 2025 BURSARY AWARD The trustees view our bursary awards as an important way lo help children from families who would not otherwise be able lo afford the fees or access the education we offer. The bursary committee assesses all applications lo establish whether a family's f1nancial situation is appropriate for an award and the level of support required lo allow the child lo attend or remain al the school. The decision lo make an award is driven by the extent of the applicant's need not by the academic ability of the child. The bursary awards are up lo 1000k of fees plus additional costs. Information about fee assistance through bursaries is made available to all those applying to the school. Bursaries are also advertised on the school website. Temporary hardship bursaries are available where parents who have been paying full fees find themselves in challenging financial circumslanc8S. SCHOOL PARTNERSHIPS Our school partnership seeks lo widen access lo our education resources, by bringing independent and slate school communities together in a rnulually beneficial way. Since September 2016, the school has had an off1cial partnership with Coombe Junior School. Throughout this reporting period. our specialist drama lescher led a highly successful out- reach project with their year 5 pupils. Teaching for Dne afternoon each week, she shared her expertise lo develop pupils, drama skills and confiden￿, culminating in performances for parents. The school has a strong, long-lerm partnership with the Holy Cross School in Chalala, Lusaka, Zambia. In Tecenl years and during this reporting period the school community collected pre- loved books lo donate lo the Zambian school and help stock the library.. a library building previously funded by Holy Cross Preparatory School Kingston. CHARITY Communlty service and access to facllltles To fulfi1 the aim lo develop a strong sense of responsibility, co-operation and tolerance based on an awareness of needs of others and an understanding of charitable works, the school encourages its pupils lo serve and give lo others. The school's house captains have some responsibility for Managing the charities the PLJpils support during the year.11 is our Holy Cross Vvay lo serve others. In Lent, the pupils selected a new charity for the liturgical yearThe Holy Cross School Cha181a. Zambia, Hall Project. linked lo the school focus on Hope. To raise funds for this worthy cause, the puplls held a sponsored 'W8lk for Chalala,, paid lo decorate T-shirls depicting fund raising and a sustainable year 6 upcycle fashion show. EaT1ier in the academic year. the school supported the Macmillan big Coffee morning and collected Harvest food for the local Kingston foodbank. In total charitable monies raised during the year were £g,591. Holy Cross Preparatory School Kingston 11

Trustees, report Year ended 31 August 2025 The school facilities are also shared with the local community.. hired by local school IfrfFinl nelb811 group weèkly., by Soc81 netb811 group (Sisters n Sport) weekly., the school grounds, hall and classrooms are hired during the school holidays by U111male Aclivily Camp.. and a local senior school held a retreat day on the site. "Gr&al community spirit, girls are enthusiastic and excited to be al school" (Parent Quote, July 25 - Reception Parent) Environmental Initiativos: Reducing our cart)on footprint. As a school, we are working hard lo reduce our carbon footprint and protect the planet. Both staff and pupils have introduced inilialives, believing we can help lo influence the expectations and behaviour of a11 as future citizens. The school's eco-councillors serve by encouraging and developing a culture of environmental conservation. During the year. pupils focused on encouraging the whole school lo realise that the decisions they make daily impact the lrtal and global communty. These initiatives included.. promoting biodiversity in the school grounds,. installing a birdbox,. planting wildflowers. creating a herb garden and kitchen garden mini pond,. laking parl in hedgehog awareness week and Earth Day (Our Power, Our Planell., Ira¢king the school power usage,. and participation in The Great Big School Clean picking up liller on George Road. A school wide food growing project in the kitchen garden involved every pupil germinating, planting out and growing their class's chosen vegetables, fruit and herbs. The school is committed lo becoming more sustainable with inilialives.. providing a school bus service lo reduce our carbon foolprinl,. providing an electric car Charger., purchasing educational resources made from recycled materials., powering down devices outside core hour.. reducing food waste., and ongoing replacement of lights bulbs with LED. The school procured a utilities monitoring and analysis service to find power efficiencies on an ongoing basis. Holy Cross Preparatory School Kingston 12

Trustees, report Year ended 31 August 2025 The school was accredited with the Eco-schools Green Flag award for a third year, acknowledging, rewarding and celebrating the ecologica1 achievements of the school community with dislinclion. We see Holy Cross Preparatory School as part of the wider community. We use the halls and school grounds for the benefit of the local community and provide work and teaching placements for former pupils from both the slate and independent sectors. Holy Cross Preparatory School Alumni We were pleased to Gonlinue links with former pupils and their families (The Holy Cross Alumni} who visit the school and take up work experience placements. Once a Holy Cross always a Holy Cros5 girl. As il says in the school hymn. 'Wh&re tigs of l&nd8r friendship, ?11 youthful hearts entwine,. Future Plans The Trustees are committed lo maintaining our schwl's competitive position in the South London market by investing in high-quality education for our pupils. School strategies focus on achieving academic excellence while nurturing a caring, Catholic ethos. Key plans: 1. Currlculum Enhancement.. To continuously review our curriculum lo ensure il aligns with our pupils, development needs. Our goal is to provide a solid foundation for their future education and eventual contributions lo the workforce. To incorporate climate change education into our curriculum. emphasizing hope and determinatlon. Our teaching approach integrates the United Nations, 17 Sustainable Development Goals and emphasize5 biodiversity. 2. Global Cltlzenshlp: We aim lo educate our pupils as global citizens. fostering positive views of the world, society, and diversity. Our curriculum addresses complex, age-appropriale global issues including immigration, refugees, race, class, and religion, helping pupils lo understand the challenges our world faces. 3. Financial Sustainability: OUT plans rely on fee income and reserves. We maintain a balance, ensuring current pupils benefit while preserving infrastructure for future generations. Investment decisions consider both short-lerm needs and long-lerm sustainability. Holy Cross Preparatory School Kingston 13

Trustees, report Year ended 31 August 2025 4. Infrastructure and Sustainability: We Priorilise maintaining and improving school facilities. Building efficiency and sustainable development are key considerations. Exploring ways Al can support staff workload and enhance children's education is important. 5. Reduclng Pollutlon.. We plan lo expand the school bus service lo reduce car traffic and pollution as environmental responsibility is central lo our mission. 6. Bursary Awards: Vvidening access lo our education. Our bursary committee actively promotes awareness of available financial assistance. OUR FINANCES The financial slalemenls show the net income from School activities for the period. The Iruslees are continuing their strategy of investing in the educational purposes and fabric of school. Financial results A summary of the period's results can be found on page 27 of the attached accounts. The financial results for the period 2024125 show a surplus of £420,523. There was no capital expenditurel purchase of tangible fixed assets incurred in the year. The balance sheet shows lolal funds of £2,338,926 of which £49,332 is represented by tangible fixed assets. Free reserves are shown on the balance sheet a5 general funds and amounted lo £2.289,594 81 31 August 2025. Cash balances al the end of the year were £3,910,709. The Iruslees are satisfied with the financial performance of the charity and satisfied that ils financial position al the year-end will enable future strategic plans lo be achieved. Holy Cross Preparatory School Kingston 14

Trustees, report Year ended 31 August 2025 OUR FINANCES Iconlinuedl Reserves pollcy The school's Tesèrves policy is sel by the Iruslees and is reviewed by them annually. The policy is designed lo support the sch(x)I's aims and ils educational mission. The reserves have been built up over a number of years lo ensure the school's continuing financial slabilily and resilience. Reserves can be used al the Iruslees, discretion. lo smooth cash flows in the event of unexpected financial challenges. Consequently. the Iruslees sel an annual budget lo ensure a prudent level of reserves for the year ahead. The Trustees believe that the school should aim lo have reserves equal lo three to six months of regular expenditure and is committed lo working towards achieving and maintaining this level. Reserves amounting lo three lo six months of expenditure will help lo ensure the long term financial stability of the school and provide a contingency against unplanned expenditure or unexpected income shortfalls as well as ensuring the school can sustain economic downturns or financial uncerlainly. As a registered charity, the school is a not for prof11 inslilulion. In the event of reserves rising beyond the level deemed prudent by the trustees, they rnay be used for the long-lerm benefit of the school. Maintaining and developing the buildings, grDunds, sports faciSilies and IT system are all considered appropriate areas in which lo deploy any excess reserves. The Iruslees may choose lo designate reserves in excess of requirements for specific future projects. The reserves will be invested in secure and liquid instruments such as bank deposits and British Government bonds. The Iruslees wi51 monitor the reserves inveslmenl portfolio al all limes and will adjust il when appropriate lo ensure that il remains consistent with their security and liquidity objectives. The following have responsibilities for the reserves policy.. The Iruslees sel the reserves policy and ensure that resources are managed responsibly in thè best interests of the school. The Finance Committee oversees the management of reserves policy. 11 monitors the current and future financial silualion and associated risks and makes recommendations lo the Iruslees for changes and enhanceThents lo the policy as required. The school bursar and headleacher implement this policy and are responsible for managing reserv& levels. Holy Cross Preparatory School Kingston 15

Trustees, report Year ended 31 August 2025 Reserves policy (continued} ReSe￿e Policy Summary Current Year Prevlous Year Reason for £000 £000 Chan 1ncr8ase in funds due tts surplus Un￿St￿cted Funds Restricted Funds Proj8cIs 2,290 1,846 Total Funds 2.290 1,846 44.5Vo of Reserves lo Annual Operating C05t The Iruslees review the reserve levels lermly at the Finance Committee. The review includes the nature of the income and 8XP8ndilure, the need lo match income with commitments and the nature of reserves. Al 31 August 2025 Holy Cross Preparatory School held no reslricled reserves, a designated fixed asset fund of £49,332 and unreslricled general (free} reserves of £2,289,594. Free reserves represent 44.50/0 of the annual expenditure for 2024-2025 and are consistent with the school's reserves policy. STRUCTURE. GOVERNANCE AND MANAGEMENT Trustees and committees The Iruslees bring a wide variety of professional skills including education, accountancy, banking, law, medicine, business, buildings management and Catholic faith lo the school. Most of the trustees are former parents or former teachers al the school. Trustees attend the school regularly and complete regular training relevant for good governance of the school. The charity Iruslees are responsible for the overall management and control of the school and meet al least three times a year. The work of implementing most of their pobicies is carried out by the members of the Finance Committee,. the Bursary ComTlliltee,' the Buildings, Health & Safety Committee,. and the Education and Faith Commi118e which meet also lermly prior to general meetings. All Iruslees give of their lime freely and no remuneration or expenses were paid in the year. No Iruslees or person connected with a trustee received any benefit from means lesled bursaries awarded to our pupils. Holy Cross Preparatory School Kingston 16

Trustees, report Year ended 31 August 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT {conlinuedl Trustees and committees Icon11nuedl The commillees are all chaired by a trustee appointed at the first Irusleès, meeting each calendar year. The school bursar is Tesponsible for co-ordinating the Work of the Iruslees and their comrnittees. preparation of papers and management accounts and the review of mallers arising. Trustee name Mrs Beverley Brown Appointed on 24 August 2022 Comrnittee membership and roles Bursary Committee Faith & Education Committee Buildings, Health & Safely Committee Buildings, Health & Safely Committee Faith & Education Committee Finance Committee Mr Christopher Daley Sister Margaret Donovan {Chair} 24 August 2022 24 August 2022 Sister Ursula Eberhardl Dr lo Epstein 24 August 2022 24 August 2022 Faith & Education Committee Faith & Education Committee Safeguarding Iruslee Failh & Education Committee Buildings Health & Safely CommilleB Finance Committee Buildings, Health & Safely Committee Mrs Mary Kathleen Hayes 24 August 2022 Mr Kieron Lynch {Vice Chairl 24 August 2022 Ms Joanna Ord (resigned 8th 24 August 2022 October 20251 Mr Andrew Sleet 24 August 2022 Bursary Committee Finance Committee Finance Committee Stephen Lehec 23 September 2024 Ex-officio trustee name Mrs Sarah Hair {Headleacherl 24 August 2022 Buildings, Health & Safely Committee Bursary Committee Faith & Education Committee Finance Committee Buildings, Health & Safety Committee Bursary Committee Finance Committee Mr Russell Hanna (Bursarl 24 August 2022 There musl be at least f1ve charity Iruslees. If the number falls below this minimum, the remaining Iruslee or Iruslees may act only to call a meeting of the charity trustees or appoint a new charity trustee. Holy Cross Preparatory School Kingston 17

Trustees, report Year ended 31 August 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT Icontinuedl Trustees and commlttees {continuedl There shall be two members of the CIO al any time. The first members of the CIO shall be.. the Sisters of the Holy Cross CIO (registered charity number 11951621 I Sisters, CIO Member'l which shall be represented by a person so authorised by the Sisters, CIO". and an individual nominated fTom lime lo lime on behalf of the charity Injstees {"Nominaled Member"). The first Nominated Member shall be Andrèw Steel. The maximum number of charity Iruslees during the year 2024-25 is 12 which for the avoidance of doubl shall include those persons appointed in accordance with the conslilulion sub-clauses 13 121 and131. The charity Iruslees may not appoint any charity Iruslee rf as a result the number of charity Iruslees would exceed the maximum. Each charity Irustee other than the ex officio charity Iruslees shall be appointed for a term of 3 years. The first ex-officio charity Iruslees are.. Sarah Hair (for so long as she remains Headleacher of the School)., and Russell Hanna (for so long as he remains Bursar of the School). Recruitment and training of trustees The trustees are responsible for the appointment of trustees. They seek to recruit and recommend additional trustees with appropriate skills and expertise lo ensure that the Board of Trustees has sufficient depth and breadth of composition lo enable the competent discharge of ils responsibilities. On appointment new Iruslees are inducted into the working of the school and of the s¢hg01 as a registered charity. New trustees receive an induction pack which includes information about the school and school policies. New Iruslees are appointed lo the Board lo hold office for a period of three years. Al the end of a Ihree-year term, retiring Iruslees are eligible for re- election for a maximum of three terms in lolal. Trustees can serve beyond three terms with the break of 1 year and the approval of the Board of Trustees. Throughout their term in office, individual trustees can attend training courses and conferences organised by appropriate bodies such as IAPS and AGBIS Ilhe Association of Governing Bodies of Independent Schools). Holy Cros5 Preparatory School Kingston 18

Trustees. report Year enéed 31 August 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Iconlinuedl Organisational Structure The Iruslees have responsibility for Ihe overall management and organisalion of the school, selling and monitoring the overall strategic direction of the school.. approving decision5 reserved lo Iruslees Iprincipally approval of expenditure beyond agreed limilsl,. and appointing key members of staff Iheadteacher and bursar). Thè Iruslees are responsible for the policies, activities and assets of the charity. They meet regularly to Teview developments with regards ID the charity and its activities and rllake any important decisions. When necessary, the Iruslees seek advice and support from the charity's professional advisers. including property consullanls, investment managers, solicitors and accountants. The day-to4ay running of the school is delegated lo the headleacher.. the bursar lakes particular responsibility for the non-academic aspects. The headleacher is responsible for establishing the Senior Leadership Team ISLTI. The SLT oversees the leaching and pastoral care of the pupils in Ihe school. Kgy management personnel The trustees consider that they together with the headleacher and bursar comprise the key management of the charity in charge of directing, controlling, running and operating the charity on a daY-l￿daY basis. RISK MANAGEMENT The Iruslees lermly consider the principal areas of the school's operations and consider the major risks faced in each of these areas. Ulilising a Risk Management matrix, the school idenlif1es new risks and monitor5 control over existing risks throughout the year. The key risks currently identified by the school are.. Safeguarding.. the safety and well-being of OUT pupils will always be the school's lop priority. The school's safeguarding policies and protocols are designed to create protective safely nel around our pupils and they are rigorously enforced. New staff are thoroughly vetted foll(Iwing safer recruitment practices and every member of staff receives regular safeguarding training. The pupils are laughl lo idenlrfy and report concerns and lo look out for each other. Every girl knows the name of a trusted safeguarding off1cer they can talk lo and every member of staff is trained to exercise constant vigilance and in reporting procedures. Cyber security Is an ever present issue for all schools. Data breaches and loss or breakdown of the school's IT network are among the many serious threats posed by a cyber-attack. These risks are actively managed and miligaled by the school's IT department which has a robust ITIL (information, technology, infraslruclure library> system in place. Firewalls are constantly enhanced, the latest malware solutions are deployed as they become available and all important data is backed up digitally. All staff are trained in the need for caution when using the school network. Should the worst happen there is a disaster recovery syslerll in pla￿. Holy Cross Preparatory School Kingston 19

Trustees. report Year ended 31 August 2025 RISK MANAGEMENT Iconlinuedl The decline in the birth rale impacting on the lower years intake and pupil numbers. The Iruslees have developed two strategies to mitigate these Tisks. In the first instance, providing education of the highest quaSily should ensure Continuing strong demand for pupil places. Secondly, prudent management of the school's finances over many years has enabled us to build a buffer against the economic impaGt of a change in government policy. The school provides regular financial modelling in order lo manage and plan the future school finances which is Gontinually monitored by the trustees. The Iruslees are satisfied that the major risks identified have been adequately miligaled where necessary, recognising Ihat systems can only provide reasonable, bul not absolute assurance that risks have been adequately managed. RAISING FUNDS The charity aims lo achieve best PTaclice in the way in which il communicates with donors and other supporters.11 lakes care with both the lone of ils communications and the accuracy of ils data to minimise the pressures on supporters. 11 applies best practice lo protect supporters, data and never sells data, il never swaps data and il ensures that communication preferences could be changed al any lime. The charity manages ils own fundraising activities and does not employ the services of professional fundraisers. The charity underlakes lo react lo and investigate any complaints regarding ils fundraising activities and lo learn from them and improve ils servic8. During th8 period, the charity received no complaints about its fundraising aclivilies. STATEMENT OF TRUSTEES, RESPONSIBILITIES The Iruslees are responsible for preparing the trustees, report and accounts in accordance with applicable law and United Kingdom Accounting Standards Iuniled Kingdom Generally Accepted Accounting Praclicel. The law applicable lo charities in England and Wales requires the tTuslees lo prepare accounts for each financial year which give a true and fair view of the slate of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these accounts, the trustees are required lo.. select suitable accounting policies and then apply them consislenlly., observe the methods and principles in the Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable lo the United Kingdom and Republic of Ireland IFRS 102)., make judgerNenls and estimates that are rea$onable and prudent., slate whether applicable United Kingdom Accounting Standards have been followed. subjeGI lo any material departures disclosed and explained in the accounts., and Holy Cross Preparalgry School Kingston 20

Trustees. report Year ended 31 August 2025 STATEMENT OF TRUSTEES, RESPONSIBILITIES Iconlinued) prepare the accounts on the going Con￿rn basis unless it is inappropriate lo presume that the charity will continue in operation. The Iruslees are responsible for keeping proper accounts'ng records that disclose with asonable accuracy al any lime the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011, applicable Charity (Accounts and Reports) Regulations and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ACKNOWLEDGEMENT The trustees would like lo record their reeognition Of the service, professionalism and commitment of all the staff and the volunteers in the Friends of the Holy Cross, and to say how much they have appreciated their support. Signed on behalf of the trustees.. Sister Margaret Donovan Chair of Trustees Approved by the trustees on." Thursday 26 March 2026 Holy Cross Preparatory School Kingston 21

Independent auditor's report Year ended 31 August 2025 Independent auditor's report to the trustees of Holy Cross Preparatory School Klngston Oplnlon We have audited the accounts of Holy Cross Preparatory School Kingston Ilhe 'charily'l for the year ended 31 August 2025 which cornprise the slalemenl of financial activities, the balance sheet, the slalemenl of cash flows, the principal accounting policies and the notes lo the accounts. The financi81 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, {Uniled Kingdom Generally Accepted Accounting Praclicel. In our opinion, the accounts.. give a true and fair view of the slate of the charity's affairs as al 31 August 2025 and of 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 Charities Act 2011. Basls for oplnlon We Conducted our audit in accordance with Inl8rnalional Standards on Auditing {UKI IISAS IUKII and applicable law. Our responsibilities under Ihose standards are further described in the auditor's responsibilities for the audit of the accounts section of our report, We are independent of the charlty in accordance with the elhical requirements that are relevant lo our audit of the accounts in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit eviden￿ we have obtained is sufficient and appropriate lo provide a basis for our opinion. Concluslons relatlng to golng concern In auditing the accounts. we have concluded that the Iruslees, use of the going concern basis of accounting in the preparation of the accounts is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may cast signrficanl doubl on the charity's ability lo continue as a going concern for a period of al least twelve months frDm when the accounts are authorised for issue. Our responsibilities and the responsibilities of the Iruslees with respect lo going concern are described in the relevant sections of this report. Holy Cross Preparatory School Kingston 22

Indopondgnt auditor's report Year ended 31 August 2025 Other Infomlatlon The other information comprisès the information included in Ihe Annual Report and Accounts, including the Iruslees, report, other than the accounts and our auditor's reporl Ihereon. The Iruslees are responsible for the other information. Our opinion on the accounts does not cover the other inforrnalion and we do not express any form of assurance conclusion thereon. Our responsibility is lo read the other information and, in doing so, consider whether the olheT information is materially inconsislenl with the accDunls or our knowledge obtained in the audit or otherwise appears lo be Tnalerially misslaled. If we identify such material inconsistencies or apparent material misslalerNenls, we are required to dètermine whether there is a material misslalemenl in the accounts or a rnalerial misslalemenl of the other information. If, based on the work we have performed, we conclude that there is a malerial misstalemenl of this other information, we aro required lo report that fact. We have nothing to report in this regard. Mattèrs on whlch we are required to rgport by oxcoption In the light of the knowledge and understanding of the charity and ils environment obtained in the course of the audit, we have not identified rnalerial misslalements in the Iruslees, report We have nothing lo report in respe¢l of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us lo report to you rf, in our opinion.. the infDrrnalion given in the trustees. report is inconsislenl in any material respect with the accounts., or sufficient accounting records have not been kept,. or the accounts are not in agreement with the accounting records and retLJrns', or we have not received all the information and explanations we require for our audit. Responsibillties of trustees As explained more fully in the trustees, responsibilities slalement, the Iruslees are responsible for the preparation of the accounts 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 accounts that are free from material misslalement, whether due lo fraud or error. In preparing the accounts, the Iruslees are responsible for assessing the charity's ability lo continue as a going concern, disclosing, as applicable, mallers related lo going concern and using the going concern basis of aceounting unless the Iruslees either intend lo liquidate the harity or lo cease operations, or have no realistic allernalive but lo do so. Holy CTOSS Preparatory School Kingston 23

Independent auditor's report Year ended 31 August 2025 Auditor's responsibilities for the audit of the accounts We have been appointed as auditor under secliDn 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objective5 are lo obtain reasonable assurance about whether the accounts as a whole are free from material misslalemenl, whether due lo fraud or erior. and lo issue an auditor's report that include5 our opinion. Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordancewilh ISAS IUKI will always delect a material misstatement when il exists. Misslatemenls can arise from fraud or error and are considered materlal if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these accounts. Irregularities, including fraud, are instances of non-compliance with laws and regulations, We design procedures in line with our responsibilities, outlined above. to delect material misslalements in respect of irregularities, including fraud. The exlenl lo which our procedures are capable of delecling irregularities, including fraud is detailed below.. How the audit was considered capable of detecting irregularities Includlng fraud Our approach lo identifying and assessing the risks of material misslalemenl in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows.. • The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to idenlfy or recognise non-compliance with applicable laws and regulations., • We identified the laws and regulations applicable lo the charity through discussions with management and trustees and from our knowledge and experience of the charity sector,. • We focused on specific laws and regulations which we considered may have a direct matèrial effect on the accounts or the activities of the charity. These included bul were not limited lo the Charities Act 2011 and Accounting and Reporting by Charities.. Slalemenl Df Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the United Kingdom and Republic of Ireland IFRS 102},' and • We assessed the exlenl of compliance with the laws and regulations identified above through making enquiries of management and those charged with governance and review of minutes of Iruslees, meetings. We assessed the susceplibilily of the charity's financial slalernenls lo material misstalemenl, including obtaining an understanding of how fraud might occur. by.. + Making enquiries of Iruslees as lo where they considered there was susc8plibilily lo fraud, their knowledge of a¢lual, suspected and alleged fraud,. and • Considering the internal Gonlrols Sn place lo miligale risks of fraud and non-compliance with laws and regulations. Holy Cross Preparatory School Kingston 24

Indgpendgnt auditor's roport Year ended 31 August 2025 Auditor's responsibilities for the audit of the accounts Iconlinuedl How the audit was considered capable of detectlng irregularities including fraud (continued) To address the risk of fraud through management bias and override of controls. we.. Performed analytical procedures to identify any unusual or unexpected relationships., Tested and reviewed journal entries lo identtfy unusual transactions., + Carried out subslanlivo lesling of expenditure including the aulhorisalion thereof.. • Assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias., and • Investigated the rationale behind significant or unusual transactions. In response lo the risk of irregularitie5 and non.CDmpliance with laws and regulations, we designed procedures which included, bul were not limited lo.. Agreeing financial statement disclosures lo undedying supporting documentation., Reading the minutes of meetings of trustees,, and Enquiring of as lo actual and potential litigation and claims. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required lo identify non-compliance with laws and regulations lo enquiry of the Iruslees and other management and the inspection of regulatory and legal correspondence, if any. Material misstalemenls that arise due lo fraud can be harder lo delecl than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibllities for the audit of the financial slalements is lo¢aled on the Financial Reporting Council's website at www.frc.org.uklaudilorsresponsibili118s. This description foTms part of our audilorfs report. Holy Cross Preparatory School Kingston 25

Indgpendent auditor's report Year ended 31 August 2025 Use of our report This report is made solely lo the charity's Iruslees, as a body, in accordance with Parl 4 of the Charilies IAccounls and Reporlsl Regulations 2008. Our audit work has been undertaken so that we might slate lo the charity's trustees those mallers we are required lo slate lo them in an auditor's report and for no other purpose. To the fullest exlenl permitted by law, we do not accept or assume responsibility lo anyone other than the charity and the charity s trustees as a body, for our audit work. for this report, or for the opinions we have formed. Buzzacoll Audll LLP Slalulory Auditor 130 Wood Sireel London EC2V 6DL Buzzacoll Audit LLP is eligible lo act as an auditor in lems of section 1212 of the Companies Act 2006 Holy Cross Preparatory School Kingston 26

Statement of financial activities Year ended 31 August 2025 31 August 2025 31 August 2024 Notes Income from.. Donations Interest recgivable Charitable activitles Provision of education Other educatlon related Income Total Income 120 136,366 256,370 U0,222 2 4,641,977 787,452 5,565,915 4,574,310 742,502 5,663,404 Expendlture on.. Charitable activities Provision ol educabon Total expendlture 4 5,145,392 5,145,392 4,985,468 4,985.468 Net Income and net movement In funds 420,523 677.936 Rèconclliatlon of funds: Fund balances brought forward at 1 September 2024 1,918.403 1.240,467 Fund balances carrled loNRrd al 31 August 2025 2,338,926 1,918,403 All income and expendilure in th8 above f1nancial period relates lo unreslricled funds. All of the charity's activities derived from continuing operations. All recognised gains and losses are included in thè above slalemenl of financial activities. Holy Cross Preparatory School Kingston 27

Balance sheet 31 August 2025 31 August 2025 31 August 2025 31 Au9usI 2024 31 Augu81 2024 Notes Fixèd assèts Tangible assets 10 49,332 72,032 Current assets Debtors Short temi deposits Cash al bank and in hand 211,909 1.000.000 2,910,709 4.122.618 190,682 3,450,000 453,425 4,094.107 Creditors.. amounts falling due within one year 12 11.248.760) 11,188,101) Net current assets Total assets less current liabilitieB 2,873,858 2,923,190 2,906,006 2,978,038 Creditors.. amounts falling due after rnore than one year Total net assets 1584,2641 2,338,926 11,059,635) 1,918,403 The funds of the charlty.. Unrestricted funds Tangible fixed asset fund General funds Total funds 14 49.332 2,289,594 2,338,926 72.032 1.846,371 1,918,403 Approved by the trustees and signed on their behalf by.. ov Sister Margaret Donovan Chair of Trustees Approved on.. Thursday 26 March 2026 Holy Cross Preparatory School Kingston 28

Stat9ment of cash flows Year ended 31 August 2025 31 August 2025 31 August 2024 Notes Cash flows from operating activities.. Net cash (used inl I g8n&rat8d by operating activities 187,8821 2,202,693 Cash flows from investing activities: Investment income and interest ￿Ceived Purchase of tangible fixed assets Redemption of I linvestment inl short temi deposits Net cash used In Investlng actlvltl8s 95,166 50,963 2,450,000 12,350.0001 2,545,166 12,2g9.0371 Changa in cash and cash èqulvalents In the year 2,457,284 196,3441 Cash and cash equivalents at 1 September 2024 453,425 549,769 ash and cash 8quivalents at 31 August 2025 B 2,910,709 453,425 No19S to the statomgnt of cash flows for the year ended 31 August 2025 A Reconclllatlon of net movemont in funds to net cash generated by operating activities Year ended 31 August 2024 31 August 2025 Net movoment In funds las per the statement of financial activiti￿) Adjustments for-. Dep￿ciatiOn charge Investrnenl income and interest r9ceivable Ilncreasel I dec￿ase in debtors (Decrease) I Increase in Greditors Net cash generated by oporatlng activltl•s 420,523 677,936 22.700 1138,3681 119,2861 1375,4521 187,8821 22.700 190,2221 117.189 1,475.090 2,202,693 B Analysis of cash and cash 9quivalents 31 August 2025 31 August 2024 Total Cash and cash equivalents: Cash at bank and in hand 2,910,709 453,425 No separate reconciliation of nel debt has been prepared as there is no differenc8 be￿een the nel cash Idebtl of the charity and the above cash and cash equivalents. Holy Cross Preparatory School Kingston 29

Principal accounting policios 31 August 2025 The principal accounting policies adopted, judgements and key sources of eslimalion uncertainly in Ihe preparation of the awounls are laid out below. Basis of preparation These accounts have been prepared for the year lo 31 Augu81 2025 with comparative f1gures provided in Tespecl lo the period from 1 September 2023 10 31 August 2024. The accounls have been prepared under the historical cost convention with items recognised al cosl or transaction value unles5 OthenNise stated in the relevant accounting policies below or the note5 to these accounts. The accounts have been prepared in accordance with Accounting and Reporting by Charities,. Slalemenl of Recommended Practice applicable to charities preparing their accounts in accordance wlh the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102} (Charities SORP FRS 1021, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charitie5 Act 2011. The charity conslitules a public benefit enlily as defined by FRS 102. The accounts are presenled in sterling and are rounded to the nearest pound. Crltical accounting estimates and areas of judgement Preparation of the accounts requires the Iruslees lo make signtficant judgements and eslimales. The items in the accounts where such judgements and eslimales have been made include.. eslimaling the useful economic lrfe of tangible fixed assets for the purpose of calculating the depreciation Charge. Assessment of going concern The Trustees have considèred the charity's ability lo continues as a going concern for a period of al least twelve months from the dale of approval of the financial slalemenls. In making this assessment, the Trustees have reviewed the charity's financial forecasts, including income and expenditure projections, pupi1 number assumptions and cash flow forecasts. The Trustees have also considered the level of unreslricled reserves, the timing of fee income receipts, known and anlicipaled cost pressures. and the availability of cash and banking facilities. The Trustees have further considered the key risks facing the charity, including fluctuations in pupil numbers, affordability of fèes, staffing cost, and wider economic conditions, together with mitigating actions available to the charity should these risks cryslalise. Holy Cross Preparatory School Kingston 30

Principal accounting policies 31 August 2025 Assessment of golng concem {conlinuedl Based on this review, the Trustees have a reasonable expectation that the charity has ad&quale resources lo continue in operational existence for the foreseeable future. Accordingly, the Trustees continue to adopt Ihe going concern basis in preparing the annual report and financial slalemenls. In￿me recognition Income is recognised in the period in which the charity has enlillemenl lo the Income, the amount of income can be measured reliably and il is probable that the income will be received. Income comprises income from donations, interest receivable, school fees and related charges, and other income. Donations are Tecognised when the charity has confirrnalion of both the amount and selllemenl dale. In the event of donations pledged bul not received, the amount is accrued for where the receipt is considered probable. In the evènl that a donation is subject lo ondilions that require a level of performance before the charity is ernlilled lo the funds, the income is deferred and not recognised until either those conditions are fully mel, or the fulfilmenl of those conditions is wholly within the control of the charity and il is probable that those conditions will be fulfilled in the reporting period. In accordance with the Charities SORP FRS 102 volunteer time is not Tecognised. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity,. this is normally upon notification of the interest paid or payable by the bank. Income derived from the levying of school fees and charges is measured at the fair value of the consideration received or receivable. Other income is measuTed al fair value and accounted for on an awruals b8SIS. Expenditure recognition Liabilities are recognised as expenditure as soon as there is a legal or conslruclive obligation committing the charity lo make a payment lo a third party, il is probable that a transfer of economic benef11s will be required in selllemenl and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. Expenditure comprises direct costs and support costs. All expenses, including support costs, are allocated or appoTlioned lo the applicable expenditure headings. The charity became VAT registered in November 2024 and is partially exempl. All expenditure is slated inclusive of irrecoverable VAT. Holy Cross Preparatory School Kingston 31

Principal accounting policies 31 August 2025 Allocation of support and governance costs Support costs represent indirect charitable expenditure. In order lo carry out the primary purposes of the charity it is necessary lo provide support in the forrn of personnel development, financial procedures, provision of office services and equipment and a suitable working environment. Governance costs comprise the costs involving the public accounlabilily of the charity (including audit costs) and costs in Tespecl lo its compliance with regulation and good practice. Support costs and governance costs are allocated directly lo the provision of education costs. Tangible fixed assets Assets costing more than £5,000 and with an expected useful life exceeding one year are capilalised. Furniture, equipment and computer equipment is depreciated over a five yeaT period on a slraighl line basis. Debtors Debtors are recognised al their selllement amount, less any provision for non-recoverability. Prepayments are valued al the amount prepaid. They have been discounted lo the present value of the fulure cash receipt where such discounting is material. Cash at bank and in hand Cash al bank and in hand represents such accounts and instruments that are available on demand OT have a maturity of less than three monlhs from the dale of acquisition. Notice deposits with longer lerrns are included on the balance sheet as short term deposits. Creditors and provisions Creditors and provisions are recognised when there is an obligation al the balance sheet dale as a result of a past event, il is probable that a transfer of economic benefit will be required in selllemenl, and the amount of the settlement can be eslimaled reliably. Creditors and provisions are recognised al the amount the charity anlicipales il will pay lo settle the debt. They have been discounted lo the present value of the future cash payment where such discounting is mal8rial. Fund accountlng The tangible fixed assets fund comprises the nel book value of charity's tangible f1xed assets, the existence of which is fundamental lo the Charity being able lo perform ils charitable work and thereby achieve ils charitable objectives. The value represented by such assets should not be regarded, therefore, as realisable. Holy CTOSS Preparatory School Kingston 32

Principal accounting policies 31 August 2025 Fund accountlng Iconlinuedl General funds represent those monies that are freely available for applicalion towards achi&ving any charitable purpose that fall within the charity's charitable objects. Penslon costs In order lo comply with the aulo-enrolmenl requirements sel out in the Pansions Act 2008, the charity offers employees of its school membership of a defined contribution pension scheme. Contributions lo the scheme are debited lo the slalemenl of financial activities in the year in which they are payable lo the scheme. The school also makes contributions to the Teachers, Pension Scheme ITPSI for those teachers who remain parl of the scheme, which is a defined benefit scheme, bul accounted for as a defined contribution scheme. As the school is unable lo identify ils share of the underlying Inolional} assets and li8bililies of the scheme, the charity has adopted the Irèalmenl permilled by FRS 102 and has accounted for the contributions lo the scheme as if il were a defined contribution scheme. The school also makes contributions in respect lo employees, personal pension plans. These are accounted for as a defined contribution scheme and are charged lo the slalement of financial activities in the year in which they are payable lo the scheme. Holy Cross Preparatory School Kingston 33

Notes to the accounts Year ended 31 August 2025 1 Income from: Donatlons 31 August 2025 31 August 2024 Donation from Sisters of the Holy Cross CIO Sundry donations 250.000 6,370 256,370 120 120 2 Income from.. Provision of education 31 August 2025 31 August 2024 Fees DEPO8its Discounts Staff discounts 8ursaries 4,771,671 24,798 18,9411 166,0921 179,4591 4,641,977 4,666,167 13,600 13,2281 142,4781 159.7511 4,574,310 3 Income frorn-. Education related charges 31 August 2025 31 August 2024 SGhoo1 lunches Clubs Trips Hall hire Other 302,137 290,219 104,307 41,419 49,370 787,452 287,286 252,672 92,592 53,260 56,692 742.502 Holy Cross Preparatory School Kingston 34

Notes to the accounts Year ended 31 August 2025 4 Expendlture on: Provlslon of educatlon 31 August 31 August 2025 2024 Teaching Pr8misÈs Management and administration (including govemance- note 61 Other expenses 4,261,404 634,140 140.411 109,437 5,145,392 4,067,370 681,059 159,539 77,600 4,985.468 5 Governanco Costs 31 August 2025 31 August 2024 Legal and professional fees Audit and accountancy 5.207 21,120 26,327 34.031 20.760 54,791 6 Net income and net movement in funds Th18 Is slated after charging.. 31 August 2025 31 August 2024 staff ¢o$ts Inotè 81 Auditorfs remuneration (including VATI Audit S8rvic85 Depreciation Inole 111 Operating 188s8- rent 3,373,422 3,230,129 21,120 22,700 150,000 20,760 22,700 150,000 7 Staff costs and remunèration of key management personnel 31 August 2025 31 August 2024 Staff costs during the period were as follows.. WagBS and salaries Social security costs Other pension costs 2,626,553 285.077 461,792 3,373,422 2,571.623 237,793 420,713 3,230,129 Holy Cross Preparatory School Kingston 35

Notes to the accounts Year ended 31 August 2025 The number of erllployees who earned £60.000 or more (including taxable benefits bul excluding employer pension conlributionsl during the year was as follows.. 31 August 2025 31 August 2024 £60.001 - £70,000 £70,001- £80,000 £80.001- £90.000 £90,001- £100,000 £100,001 £110,000 The average number of employees during Ihe year, calculated on average headcounl basis and analysed by function. was as follow5.. 31 August 2025 31 August 2024 Teaching Administration 58 17 49 26 75 75 The trustees consider that they together with the Headleacher and Bursar comprise the key management of the charity in charge of directing, controlling, running and operating the charity on a day lo day basis. The total remuneration (including taxable benefits, employers, pension contributions and employers national insurance) of the key management personnel for the year was £270,418 {2024'. £251,174). 8 Trustees, expenses and remuneration and transactions with trustees The head and bursar are ex-DfFicio Iruslees. Ex-officio trustees only receive Temuneration in respect of services they provide undertaking their roles as sl8ff and not in respect of their services as trustees. The value of remuneration and other benefits paid lo ex-officio trustee$ during the period was as fo15ows'. 31 August 2025 31 August 2024 Headteaeher and bursar Remunerdtion.. Employerfs pension contribub.ons 197,828 46,391 190,219 37,215 During the year. no expenses were reimbursed to Iruslees {2024'. none). Holy Cross Preparatory School Kingston 36

Notes to the accounts Year ended 31 August 2025 9 Taxation The Holy Cross Preparatory School Kingston is a registered charity and, therefore, is not liable to income lax or corporation lax on income derivad from its charitable activities, as it falls within the various exemptions available lo registered charities. 10 Tangible fixed assets Furnlture and equlpment Cost At 31 August 2024 Additions At 31 August 2025 670,166 670,166 Depreciation At 31 August 2024 Charge for the period At 31 August 2025 598,134 22,700 620,834 Net book values At 31 August 2025 Al 31 August 2024 11 Debtors 49,332 72,032 31 August 2025 31 August 2024 Prepayments Accrued income Other deblors 110,565 41,200 60,144 211,909 112,553 39,259 38,871 190,682 12 Crèditors- amounts falllng due wlthln one year 31 August 2025 31 August 2024 Expense creditors and accruals Social security and other tax8S School entrance deposits Fees received in advan¢e Olher deferred income VAT payable 290,450 80,015 64,600 720,792 71,608 21,298 1,248,761 297,216 83,322 53,650 732.540 21,373 1,188,101 Holy Cross Preparatory School Kingston 37

Notes to tho accounts Year ended 31 August 2025 13 Creditors: amounts falling due after more than one year 31 August 2025 31 ALJgusl 2024 School entrance deposits Fees received in advancts 216.150 368,114 584.264 238,950 820,685 1.059.635 Deferred income Deferred income relates lo feeg and other educational charges received al 31 August which relat& lo the next accounting period. 31 August 2025 31 August 2024 Deferred income at 1 September 2024 Released from previous years Resources deferred in the year Deferred income at 31 August 2025 1,574.598 246,832 11,574,$981 1246,8321 1.160,514 1,S74,598 1.160,514 1.574,598 14 Tangible fixed assets fund 31 August 2025 31 August 2024 Al 31 August 2024 Dfjpreci81ion charge At 31 August 2025 72,032 94,732 122,7001 122,7001 49,332 72,032 The tangible fixed assets fund represents the nel book value of the charity's tangible fixed assets. A decision was made lo separate this fund from the genèral fund in recognition of the fact that the assets are used in the day lo day work of the charity, and the fund value would not be realisable easily if needed lo meet future contingencies. 15 Analysts of net assets between funds Tangibl• rix8d as5&t5 fund Genero1 fund$ Total 2025 Fund balances at 31 August 2025 are represented by.. Tangible fixed assets Nèt current asseis Creditors.. arnounts falling due afteT more Ih8n on& yoar 49,332 49,332 2,873,858 2,873,858 1584,2641 {584,2641 2,289,594 2,338,926 49,332 Holy Cross Preparatory School Kingston 38

Notgs lo th8 accounts Year ended 31 August 2025 Fangibl fixgd assets fund General funds Total 2Q24 Fund balances at 31 August 2024 are represented by.. Tangible fixed èssets Net current assets Creditors.. amtwnls falling due after mtye than one year 72,Q32 72,032 2,906,006 2,906,OQ6 (1.059,6351 (I,Q59,635J 1,846,371 1,918,403 72,032 16 Financial commitments Operatlng leases The charity leases its premises from Sisters of the Holy Cross CIO. The period of the lease is 50 years from 2023, The rental charge is subje¢l lo review al 31 December 2025 and annually Ihereafler. There was no increase to the rent al 31 December 2025. AI 31 August, the total of the charity's future minimum lease payments under non- cancellable operating leases was as detailed belDW. These values are slated exclusive of increases which may arise through the annual review.. 31 August 2025 31 August 2024 Bulldlngs Amounts due wthin on8 yèar Amounts due beMeen two and five years Amounts due after five years 150,000 600,000 6,300,000 7,050,000 150,000 600,000 6.450.000 7,200,000 17 Pension commitments Teaching staff employed prior to October 2021, under a contract of service contribute lo the TPS which is a slalulory, conlribulory, final salary scherne administered by Teachers, Pensions and governed by the Teachers, Pension Scheme Regulations 2014. The school has opted for phased withdrawal from the TPS, which resulted in all existing leaching staff remaining in the scheme and newly appointed teachers lo b8 enTolled into the APTIS scheme. All support staff transferred into the APTIS scheme on 1 October 2021 and new staff are enlilled lo enrol. Existing TPS leaching staff can exil the TPS and enrol into the APTIS scheme if they wish. APTIS scheme Employer contributions paid lo defined contribution schemes during the year amounted to £113,863.12024 - £101,653). Holy Cross Preparatory School Kingston 39

Notes to the accounts Year ended 31 August 2025 Teachers, Penslon Scheme (TPS) Under Ihe definitions sets out in FRS 102, the TPS is an unfunded scheme and members contribute on a 'pay as you go, basis these conlribulions, along with those made by employers. are credited to the Exchequer. Retirement and other pension benefits are paid by public funds provided by Parliament. The school is unable lo identify ils share of the underlying assets and liabilities of the plan. Accordingly, the school has taken advantage of the exemption in FRS102 and has accounted for ils contributions to the scheme as rf il were a defined contribution scheme. The school has sel out below the information available on the scheme. Valuation of the Teachers, Penslon Scheme The Government Actuary, using normal actuarial principles, conducts a formal actuarial revigw of the TPS in accordance with the Public Service Pensions Ivalualions and Employer Cost Capl Directions 2014 published by HM Treasury every 4 years. The aim of the review is lo ensure scheme costs are recognised and managed appropriately and the review specifies the level of future contributions. Actuarial scheme valuations are dependent on assumptions about the value of future costs. design of benefits and many other factors. The Salesl actuarial valuation of the TPS, which applied during the year ended 31 Augusl 2025, was carried out as al 31 March 2020. The valuation report was published by thè Department for Education on 27 October 2023 with the SCAPE rate, sel by HMT, applying a notional investment return based on 1.7'/o above the rale of CPI. The key elements of the valuation outcome were.. employer contribution rates sel at 28.68Yo of pensionable pay (including a 0.080/0 adminislralion levyl. This was an increase of SYD in employer contributions and the cost control result is such that no change in member benefits is needed. total scheme liabilit￿eS (pensions currently in payment and the estimated cost of future benefilsl for service lo the effective date of £262,000 million and notional assets {eslimaled future contributions together with the notional investments held al the valuation date) of £39.800 million. The result of this valuation was implemented on 1 April 2024. The next valuation result is due lo be implemented from1 April 2027. The employer's penslon costs paid lo TPS in the period amounted to £347,92912024 £286,614). A copy of the valuation report and supporting documentation is on the Teachers Pensions website. Holy Cross Preparatory School Kingston 40

Notes to the accounts Year ended 31 August 2025 18 Related party transactlons The Sisters of the Holy Cross CIO {Charily Registration Number 11951621 provide one of the two mernbers of the school CIO and the Sisters nominated mèmber has the controlling vole. Thè other member is a represenlalive of the school Iruslees nominated by the Iruslees. The 8chool premises are owned by Sislers of the Holy Cross CIO (Charity Regislralion Number 11951621 and1eased foT a period of So years Isee note 161. The rental charge in the period was £150,00012024 - £150,0001. During the period £nil {2024 £250.0001 was received from Sisters of the Holy Cross CIO as donations. 19 Liability of members In the event Ihal the CIO is wound up the members have no liability lo contribute lo ils assets and no personal responsibility for settling ils debts and liabilities. Holy Cross Preparatory School Kingston 41