2025-07-31-accounts

Trustees	RevdDrS A Cherry,Chair
	DrT K Carne
	ProfE Faraglia(resigned19November2025)
	ProfJ W Fawcett(resigned6 November2025)
	PR Haselden(resigned5 November2025)
	RD Hill
	DS Hyde
	JCJames
	H SThackrah
Companyregistered
number	13730915
Charityregistered
number	1200527
Registeredoffice	King'sCollegeSchool
	WestRoad
	Cambridge
	CB39DN
Companysecretary	JEPurser
Independentauditors	PEMAuditLimited
	RegisteredAuditor
	SalisburyHouse
	StationRoad
	Cambridge
	CB12LA

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2025	2025	2025	2024
	Note	£	£	£	£
INCOMEFROM:
Charitableactivities	3	7,839,710	59,177	7,898,887	7,964,872
Othertradingactivities	4	68,836	-	68,836	24,090
Investments	5	118,743	722	119,465	157,491
TOTALINCOME		8,027,289	59,899	8,087,188	8,146,453
EXPENDITUREON:
Raisingfunds	6	3,715	-	3,715	4,069
Charitableactivities		7,457,688	42,908	7,500,596	7,207,991
TOTALEXPENDITURE		7,461,403	42,908	7,504,311	7,212,060
NETINCOME		565,886	16,991	582,877	934,393
Transfersbetweenfunds	16	20,000	(20,000)	-	-
NETMOVEMENTINFUNDS		585,886	(3,009)	582,877	934,393
RECONCILIATIONOFFUNDS:
Totalfundsbroughtforward		3,271,190	76,488	3,347,678	2,413,285
Netmovementinfunds		585,886	(3,009)	582,877	934393
TOTALFUNDSCARRIEDFORWARD		3,857,076	73,479	3,930,555	3,347,678

		2025	2025	2024	2024
	Note	£	£	E	Ss
FIXEDASSETS
Tangibleassets	10		9,047,059		6,642,735
			9,047,059		6,642,735
CURRENTASSETS
Stocks	12	11,852		11,533
Debtors	13	329,298		235,973
Cashatbankandinhand		1,642,538		4,107,479
		1,983,688		4,354,985
CURRENTLIABILITIES
Creditors:amountsfallingduewithinone
year	14	(1,046,323)		(1,369,764)
NETCURRENTASSETS			937,365		2,985,221
TOTALASSETSLESSCURRENT			—_—_—_—_——.		—————__.
LIABILITIES			9,984,424		9,627,956
Creditors:amountsfallingdueaftermore
thanoneyear	15		(6,053,869)		(6,280,278)
TOTALNETASSETS			3,930,555		3,347,678
CHARITYFUNDS
Restricted funds	16		73,479		76,488
Unrestrictedfunds	16		3,857,076		3,271,190
TOTALFUNDS			3,930,555		3,347,678

		2025	2025	2024	2024
	Note	£	£	£	£
FIXEDASSETS
Tangibleassets	10		9,047,059		6,642,735
Investments	11		100		100
			9,047,159		6,642,835
CURRENTASSETS
Stocks	12	11,852		11,533
Debtors	13	377,089		253,730
Cashatbankandinhand		1,591,174		4,086,019
		1,980,115		4,351,282
CURRENTLIABILITIES
Creditors:amountsfallingduewithinone
year	14	(1,042,850)		(1,366,161)
NETCURRENTASSETS			937,265		2,985,121
Creditors:amountsfallingdueaftermore
thanoneyear	15		(6,053,869)		(6,280,278)
TOTALNETASSETS			3,930,555		3,347,678
CHARITYFUNDS
Restrictedfunds	16		73,479		76,488
Unrestrictedfunds	16		3,857,076		3,271,190
TOTALFUNDS			3,930,555		3,347,678

	Note	2025 £	2024 £
CASHFLOWSFROMOPERATINGACTIVITIES
Netcashfromoperatingactivities	18	446,358	3,994,417
CASHFLOWSFROMINVESTINGACTIVITIES
Dividends,interestsandrentsfrominvestments		119,465	156,430
Purchaseoftangiblefixedassets		(2,660,396)	(633,410)
NETCASH USEDININVESTINGACTIVITIES		(2,540,931)	(476,980)
CASHFLOWSFROMFINANCINGACTIVITIES
Repaymentsoffinanceleases		(370,368)	(370,368)
NETCASHUSEDINFINANCINGACTIVITIES		(370,368)	(370,368)
CHANGEINCASHANDCASHEQUIVALENTSINTHEYEAR		(2,464,941)	3,147,069
Cashandcashequivalentsatthebeginningoftheyear		4,107,479	960,410
CASHANDCASHEQUIVALENTSATTHEENDOFTHEYEAR	19	1,642,538	4,107,479

	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2025	2025	2025	2024
	£	£	£	£
Dayfees	5,262,457	-	5,262,457	5,706,690
Boardingfees	36,644	-	36,644	66,620
Pre-Prepfees	1,602,100	-	1,602,100	1,353,940
ChoristerFees	779,912	-	779,912	672,750
Otherincome	158,597	59,177	217,774	164,872
	7,839,710	59,177	7,898,887	7,964,872
TOTAL2024	7,925,100	39,772	7,964,872

		Unrestricted	Total	Total
		funds	funds	funds
		2025	2025	2024
		£	£	£
Hireofroomsandsportingfacilities		68,836	68,836	24,090
INVESTMENTINCOME
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2025	2025	2025	2024
	£	£	£	£
Interestreceived	118,743	722	119,465	157,491
TOTAL2024	156,430	1,061	157,491

	Unrestricted	Total	Total
	funds	funds	funds
	2025	2025	2024
	£	£	£
Administrationexpenses	3715	3,715	4,069
TOTAL2024	4,069	4,069

	Activities
	undertaken	Support	Total	Total
	directly	costs	funds	funds
	2025	2025	2025	2024
	£	£	£	£
EducationandWelfare	5,432,685	1,060,546	6,493,231	6,215,961
EstablishmentandPremises	843,337	164,028	1,007,365	992,030
	6,276,022	1,224,574	7,500,596	7,207,991
TOTAL2024	5,977,274	1,230,717	7,207,991

	Education	Establishment	Total	Total
	andWelfare	andpremises	funds	funds
	2025	2025	2025	2024
	£	£	£	£
Staffcosts	4,856,551	-	4,856,551	4,601,588
Educationalcosts	311,258	-	311,258	310,935
Cateringcosts	233,112	-	233,112	226,008
King'sCommunityAssociation	31,764	-	31,764	16,096
Premisescosts	-	445,840	445,840	468,049
Administrationcosts	-	397,497	397,497	354,598
	5,432,685	843,337	6,276,022	5,977,274
TOTAL2024	5,154,627	822,647	5,977,274
ANALYSISOFSUPPORTCOSTS
	Education	Establishment	Total	Total
	andWelfare	andPremises	funds	funds
	2025	2025	2025	2024
	£	£	£	£
Staffcosts	440,343	68,106	508,449	498,266
Professionalfees	40,624	6,283	46,907	80,208
Depreciation	221,772	34,300	256,072	252,422
Loaninterest	17,060	2,638	19,698	25,890
Leaseinterest	340,747	52,701	393,448	373,931
	1,060,546	164,028	1,224,574	1,230,717
TOTAL2024	1,061,334	169,383	1,230,717

	2025	2024
	£	£
FeespayabletotheSchool'sauditorfortheauditoftheSchool'sannual
accounts	20,430	20,600
FeespayabletotheSchool'sauditorinrespectof:
Allnon-auditservicesnotincludedabove	3,520	3,970

	Group	Group	School	School
	2025	2024	2025	2024
	£	£	£	£
Wagesandsalaries	4,183,469	3,936,432	4,183,469	3,936,432
Socialsecuritycosts	438,157	395,149	438,157	395,149
Contributiontopensionschemes	743,374	768,273	743,374	768,273
	5,365,000	5,099,854	5,365,000	5,099,854

	Group	Group	School	School
	2025	2024	2025	2024
	No.	No.	No.	No.
Educationand welfare	74	78	74	78
Establishmentandcatering	19	19	19	19
Administration	13	12	13	412
	106	109	106	109

					Group	Group
					2025	2024
					No.	No.
In	the	band£60,001	-	£70,000	3	1
In	the	band£70,001	-	£80,000	-	1
In	the	band£80,001	-	£90,000	2	1
In	the	band£90,001	-	£100,000	-	-
In	the	band£100,001		-£110,000	1	1

	Long-term
	leasehold	Fixturesand	Computer
	property	fittings	|equipment	Total
	£	£	£	£
COST
At1 August2024	6,323,793	672,296	144,890	7,140,979
Additions	2,536,487	99,592	24,317	2,660,396
Disposals	7	-	(24,866)	(24,866)
At31July2025	8,860,280	771,888	144,341	9,776,509
DEPRECIATION
At1 August2024	230,872	189,227	78,145	498,244
Chargefortheyear	115,436	95,371	45,265	256,072
Ondisposals	7	-	(24,866)	(24,866)
At 31July2025	346,308	284,598	98,544	729,450
NETBOOKVALUE
At31July2025	8,513,972	487,290	45,797	9,047,059
At 31July2024	6,092,921	483,069	66,745	6,642,735

Name	Company	Registered	officeorprincipal	officeorprincipal	officeorprincipal	officeorprincipal	Classof	Holding
	number	placeofbusiness					shares
KCSFacilitiesLtd	11941723	King'sCollegeSchool,West					Ordinary	100%
		Road,Cambridge,		England,
		CB3 9DN
Thefinancialresultsof	thesubsidiaryfortheyearwere:
Name		Income	Expenditure		_	Profit/(Loss)		Netassets
		£		£			/Surplus/	£
						(Deficit)for
							theyear
							£
KCSFacilitiesLtd		68,836	(32,314)				36,522	100

		Group	Group	School	School
		2025	2024	2025	2024
		£	£	£	£
	Textbooks,catering,andotherstock	11,852	11,533	11,852	11,533
13:	DEBTORS
		Group	Group	School	School
		2025	2024	2025	2024
		3	£	£	£
	DUEWITHINONEYEAR
	Tradedebtors	60,824	137,389	49,794	137,389
	Amountsowedbygroupundertakings	-	-	65,121	20,067
	Otherdebtors	2,070	9,818	2,070	9,818
	Prepaymentsandaccruedincome	266,404	88,766	260,104	86,456
		329,298	235,973	377,089	253,730

	Group	Group	School	School
	2025	2024	2025	2024
	£	£	£	£
Tradecreditors	152,575	121,106	152,575	121,106
Othertaxationandsocialsecurity	175,779	169,430	175,701	169,302
Obligationsunderfinanceleasecontracts	23,700	20,152	23,700	20,152
Othercreditors	402,611	424,438	402,711	424,538
Accrualsanddeferredincome	291,658	634,638	288,163	631,063
	1,046,323	1,369,764	1,042,850	1,366,161

	Group	Group	School	School
	2025	2024	2025	2024
	£	£	£	5
Netobligationsunderfinanceleaseandhire
purchasecontracts	5,694,894	5,716,175	5,694,894	5,716,175
Othercreditors	358,975	564,103	358,975	564,103
	6,053,869	6,280,278	6,053,869	6,280,278

		Group	Group	School	School
		2025	2024	2025	2024
		£	£	£	£
Payableor	repayablebyinstalments	5,596,391	5,623,581	5,596,391	5,623,581
		5,596,391	5,623,581	5,596,391	5,623,581

16.	STATEMENTOFFUNDS
	STATEMENTOFFUNDS- CURRENTYEAR
		Balanceat	1			Transfers	Balanceat
		August2024		Income	Expenditure	in/out	31July2025
			£	£	£	£	£
	UNRESTRICTEDFUNDS
	DESIGNATEDFUNDS
	MusicalInstrumentFund	23,647		15,185	(7,532)	-	31,300
	BursaryFund	238,331		6,150	-	100,000	344,481
	MinibusReplacementFund	69,947		10,000	-	-	79,947
	ScholaCantorumScholarship
	Fund	87,544		-	(7,792)	-	79,752
	Redevelopmentand
	RefurbishmentFund	2,342,440		-	-	200,000	2,542,440
	UniformShopFund	-		12,850	(766)	-	12,084
	ActivitiesandClubsFund	-		16,647	(1,729)	-	14,918
		2,761,909		60,832	(17,819)	300,000	3,104,922
	GENERALFUNDS
	GeneralFunds	509,281		7,897,621	(7,411,270)	(243,478)	752,154
	KCSFacilitiesLtd	-		68,836	(32,314)	(36,522)	~
		509,281		7,966,457	(7,443,584)	(280,000)	752,154
	TOTALUNRESTRICTED
	FUNDS	3,271,190		8,027,289	(7,461,403)	20,000	3,857,076
	RESTRICTEDFUNDS
	ChoristerBursaryFund	24,088		13,645	(11,144)	-	26,589
	King'sCommunityAssociation
	Fund	52,400		46,254	(31,764)	(20,000)	46,890
		76,488		59,899	(42,908)	(20,000)	73,479
	TOTALOFFUNDS	3,347,678		8,087,188	(7,504,311)	-	3,930,555

	Balanceat
	1August				Transfers	Balanceat
	2023	Income		Expenditure	in/out	31July2024
	£	£		£	£	£
UNRESTRICTEDFUNDS
DESIGNATEDFUNDS
MusicalInstrumentFund	18,137	14,205		(8,695)	-	23,647
BursaryFund	101,312	37,019		-	100,000	238,331
MinibusReplacementFund	59,947	-		-	10,000	69,947
ScholaCantorumScholarship
Fund	95,992	-		(8,448)	-	87,544
Redevelopmentand
RefurbishmentFund	1,542,440	-		-	800,000	2,342,440
	1,817,828	51,224		(17,143)	910,000	2,761,909
GENERALFUNDS
GeneralFunds	500,881	8,030,306		(7,148,819)	(873,087)	509,281
KCSFacilitiesLtd	32,148	24,090		(19,325)	(36,913)	-
	533,029	8,054,396		(7,168,144)	(910,000)	509,281
TOTALUNRESTRICTED
FUNDS	2,350,857	8,105,620	=	=(7,185,287)	-	3,271,190
RESTRICTEDFUNDS
ChoristerBursaryFund	24,937	9,755		(10,604)	-	24,088
King'sCommunityAssociation
Fund	37,491	31,078		(16,169)	-	52,400
	62,428	40,833		(26,773)	-	76,488
TOTALOFFUNDS	2,413,285	8,146,453		=(7,212,060)	-	3,347,678

			Unrestricted	Restricted	Total
			funds	funds	funds
			2025	2025	2025
			£	£	£
Tangible	fixed	assets	9,047,059	-	9,047,059
Current	assets		1,910,209	73,479	1,983,688
Creditors	due	withinoneyear	(1,046,323)	-	(1,046,323)
Creditors	due	inmorethanoneyear	(6,053,869)	-	(6,053,869)
TOTAL			3,857,076	73,479	3,930,555

			Unrestricted	Restricted	Total
			funds	funds	funds
			2024	2024	2024
			£	£	£
Tangible	fixed	assets	6,642,735	-	6,642,735
Current	assets		4,278,497	76,488	4,354,985
Creditors	due	withinoneyear	(1,369,764)	-	(1,369,764)
Creditors	due	inmorethanoneyear	(6,280,278)	-	(6,280,278)
			3,271,190	76,488	3,347,678

										Group	Group
										2025	2024
										£	£
	Netincome/(expenditure)	for	the	year	(as	per	Statement	of	Financial	582,877	934,393
	Activities)
	ADJUSTMENTSFOR:
	Depreciationcharges									256,072	252,423
	Financecharges									352,640	352,640
	Interestreceivable									(119,465)	(156,430)
	Decreaseinstocks									(319)	1,530
	Decrease/(Increase)indebtors									(93,325)	2,234,683
	Increase/(Decrease)increditors									(532,122)	375,178
	NETCASHPROVIDEDBY	OPERATING			ACTIVITIES					446,358	3,994,417
19.	ANALYSISOFCASHAND	CASH		EQUIVALENTS
										Group	Group
										2025	2024
										£	£
	Cashinhand									1,642,538	4,107,479
	TOTALCASHANDCASH	EQUIVALENTS								1,642,538	4,107,479
20.	ANALYSISOFCHANGES	INNET		DEBT
										Othernon-
						At	1August			cash	At31July
							2024	Cashflows		changes	2025
							e		£	£	£
	Cashatbankandinhand						4,107,479		(2,464,941)	-	1,642,538
	Financeleases						(5,736,327)		370,368	(352,635)	(5,718,594)
							(1,628,848)		(2,094,573)	(352,635)	(4,076,056)

	2025	2024
	Valuation	Valuation
Malescurrentlyaged65(years)	23.8	23.7
Femalescurrentlyaged65(years)	25.5	25.4
Malescurrentlyaged45(years)	25.1	25.6
Femalescurrentlyaged45(years)	27.2	27.2

			Group	Group	School	School
			2025	2024	2025	2024
			£	£	£	£
Notlaterthan		1year	12,719	34,582	12,719	34,582
Laterthan	1	yearandnotlaterthan5 years	-	12,719	-	12,719
			12,719	47,301	12,719	47,301