2025-08-31-accounts - Oakhyrst Grange School CIO

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Charlty reglstratlon nurnber 1211120 IEngland and Wales) OAKHYRST GRANGE SCHOOL CIO ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

OAKHYRST GRANGE SCHOOL CIO LEGAL AND ADMINISTRATIVE INFORMATION Trustee5 P Clark (Appointed 26 November 20241 (Appointed 26 November 20241 (Appointed 26 November 20241 (Appointed 26 November 20241 (Appointed 1 December 20251 IAppoinled 30 June 20251 J Bond J Cuisinier P Collis R Warne H Armstrong Charlty reglstratlon England and Wales 1211120 Prlnclpal address Slanslead Road Calerham Surrey CR3 6AF Audltor Affinia {Orpinglonl Lynwood House Crofton Road Orpington BR6 8QE Bankers Lloyds TSB Bank plc 8 The Thoroughfare Woodbridge IP12 1DF

OAKHYRST GRANGE SCHOOL CIO CONTENTS Page Trustees, report Slalemenl of Iruslees, responsibilities Independent audilo¢s report Slalemenl of finanual activities Balance sheet Slalement of cash flows Notes lo the financial slalements 10-20

OAKHYRST GRANGE SCHOOL CIO TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST2025 The Iruslees present their annual report and financial slalements for the year ended 31 August 2025. The financial slalements have been prepared in accordance with the accounting policies sel out In note 1 to the financial statements and comply with the charills governing document. the Charities Act 2011 and "Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. Objectlves and activities The Trust's objective is lo advance the education ol children and young people through the operation of Oakhyrsl Grange School. The School prowdes full-lime education for pupils in the Early Years Foundation Stage, Pre-prep and Prep. Pupils benefit from a broad and balanced curriculum designed lo support academic prresS and personal development. Small class sizes enable pupils lo receive individual attention whlle also developing confidence. communication and group-working skills. In the Early Years. learning is SUPPDrted through slruclured play, creative activities and early exposure lo musi¢, movement, swimming and library visits. In Pre-prep and Prep. pupils build strong foundations in literacy, numeracy and wider curriculum subjects, including cornpuling, music and French. The School promotes independence, responsibility and leadership through opportunities such as monitors and prefect roles. Enrichment opportunities include Forest School, swimming, PE, games. drama. music and a wide range of exlr8-curricular aclivilies. The School encourages pupils, confidence, crealivily and resilience, helping prepare them well for transition to secondary education. Public benefrt The Iruslees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Publlc benefit is also rovlded throu Hiring school halls lo local individuals and community organisalions al reasoriable rates. Making examination centre facilities available through ABRSM and LAMDA. Hiring OLJI the healed indoor swimming pool to local schools, Scout groL+PS and community swimming providers. Maintaining links ¥Mlh local churthes and community groups, including support for services, events and fundraising. Supporting local organisalions such as the Round Table through storage and equipment loans. Raising funds for a range of local, national and international charities. Achlevements and performance Sunificaiit activities and achEvements against objectives The Truslees consider the Charily's performance during the year lo have been 5alisfactory. Trustees have continued lo work closely with the Headmaster and lo use Ihe School Development Commitlee as a guide lo support improvement and maintain standards. Despite financial pressures, including the impact of VAT and pupil numbers not yel being al full capacity, careful steps have been tsken lo control expenditure and protect the long-lerm sl8bilily. Staffing levels have been maintained lo preserve the breadth and quality of the curriculum. The School has continued lo provide a full programme of sporting fixtures, clubs and activities, with pupils competing locally, regionally and nationally across a range of sports. A strong programme of peripalelic music. dance, ballet and LAMDA tuition has continued, with pupils achieving successful examination results. Pupils have also benefited from a wide range of performance opportunities. includlng assemblies, concerts, services and school productions, which have supported confidence, crealivily and wider personal development.

OAKHYRST GRANGE SCHOOL CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Flnancial review Resulls for the ye&r The incoming resources for the year ended 31 August 2025 were £1,779,009 and the oulgolng resources amounted to £2,140,570 resulting in deficit for the year of £361,561. It is the wlicy of the charity lo maintain unrestricted funds al a level which is in excess of 12 months unreslricled expenditure. This provides sufficient funds lo cover management and adminislralion and support costs. unstrICted funds amounted lo £3,984,653 at the year end. Investment polKy The Trust Deed aulhorises the trustees to make and hold investments using the general funds of the charity, bul no such investmen15 beyond short term cash deposits are presently held. Majorrisks The Iruslees have assessed the m8jor risks to which the charity is exposed, in partlcular those related lo the operations and flnances of the trust and are satisfied that systems are in ptace lo miligale exposure lo the major risks. Structure, governan¢6 and management 08khyrsl Grange School CIO is a Charitable Incorporated Organisalion {CIOI, registered with the Charity Commission for England and Wales (Registered Charity Number 12111201. The charity operates under ils conslilulion, which sets out ils charitable purposes, powers and governance arrangements. This CIO was established in November 2024 to take on the assets and operations of the Oakhyrsl Grange Educational Trust, which would then be wound up. The trustees who served during the year and up to the dale of signature of the financial statements were.. P Clark (Appointed 26 November 20241 J Bond (Appointed 26 November 20241 J Cuisinier (Appointed 26 November 20241 P Collis (Appointed 26 November 20241 R Warne (Appointed 1 December 20251 H Armstrong (Appointed 30 June 20251 C Dickie (Deceased 11 February 20251 L Houghlon (Appointed 26 November 2024 and resigned 31 December 20241 Recwilm&nt and appointment of Iruslees Save for the initial term of the first charity Iiuslees, every charity Iruslee is appointed for a term of five years by a resolution passed al a properly convened meeting ol the charity Iruslees. In Selecting individuals for appointment as charity Iruslees, the Iruslees have regard lo the skills, knoedge and experience needed for the effective adminislralion of the CIO. The Trustees review the skill sel of the Board to assess il strenglhs and identify those areas which would contribute lo the Board's effectiveness. The charity trustees make available lo each new charity trustee, on or before their first appoinlmenl.. a copy of the current version of this conslilulion plus a copy of Ihe CIO'S lalesl Trustees. Annual Report and sialemenl of accounts.

OAKHYRST GRANGE SCHOOL CIO TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2025 organisatnal stwcture The charity is governed by the Constitution of Oakhyrsl Grange School executed on the 26 Nov. 2024. The Trustees oversee the management of the CIO. The full Governing Board of Trustees meets al least 3 limes a year. The work of the Board is supported by Commillees which meet half-lermly, prior lo full Governing Board meetings. There are presently two Commillees.. Finance and Eslale, and Education and Welfare. Each has ils own Terrns of Reference and laid down procedures. The Board has nominated a Responsible Officer IRO} lo sil on the school's Health and Safely Committee which reports lo the Finance and Estate Committee. The Goveming Board sets ils slraleglc direction via ils annual Development Plan. A separate "self-Revie, of practice, procedures and protocols is also part of the annual Trustee Strategy Day. The Iruslees, report was approved by the Board of Trustees. J Cuisinier Trustee Dale..

OAKHYRST GRANGE SCHOOL CIO STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 AUGUST2025 The Iruslees are responsible for preparing the Trustees. Report and the financial slalemenls in accordance with applicable law and United Kingdorn Accounting Standards (United Kingdom Generally Accepted AcuntIng Praclicel. The law applicable lo charities in England and Wales requires the Iiuslees lo prepare financial slalemenls for each financial year which give a true and fair view of the slate of affairs of the charity and of the incoming reSoUrS and applicallon of resources of the charity for that year. In preparing these financial stalemenls, the Iruslees are required lo.. select suitable accounting policies and then apply them consislenlly., observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent., slate whether applicable aOUntIng standards have been followed, subject lo any material departu8 dlsdosed and explained in the financial statements., and prepare the financial statements on the going concern basis unless il is inappropriate lo presume that the charity will continue in operation. The Iruslees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any lime the financial position of the charity and enable them lo ensure that the financial statements comply with the Charities Act 2011. the Charily (Accounts and Reports) Regulations 2008 and the provisions of Ihe trusl 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.

OAKHYRST GRANGE SCHOOL CIO INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF OAKHYRST GRANGE SCHOOL CIO Oplnlon We have audited the financial slalemenls of Oakhyrst Grange School CIO Ilhe 'charily'l for the year ended 31 August 2025 which comprise the 51alement of financial activities, the balance sheet. the statement of cash flows and notes lo the financial slalemenls, including significant accounting poliaes. The Iinancial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reportiiig Standard applicable in Ihe UK and Republic of Ireland {Uniled Kingdom GenerallyAcpIed Accounting Praciicel- In our opinion. the financial slalemenls.. give a true and fair view of the slate of the charity's affairs as al 31 August 2025 and of ils incoming resources and application of resources, for the year then ended.. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi., and have been prepared in accoidance with the Charities Act 2011. Basls for oplnlon We conducted our audit in accordance wllh International Standards on Auditing (UK) IISAS {UKI) and applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities lor Ihe audil of the financial sl8lemenls section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant lo our audit of the financial sl8lemenls 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 evidence we have obtained is sufficient and appropriale lo provide a basis for our opinion. Concluslons relating to going concern In auditing the financial slalemenls, we have concluded that the Iruslees, Use of the going concern basis of accounting in the preparation of the financial slalemenls is appropriate. Based on the work we have perfomied, we have not Identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubl on the charity's ability lo continue as a going concern for a period of al least twelve months from when the Iinancial slalemenls are aulhorised for issue. Our responsibilities and the responsibilities of the Iruslees with respect lo going concern are described in the relevant sections of this report. other Informatlon The other information comprises the information included in the annual report other than the financial statements and our auditor's report Ihereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the finanual slalemenls does not cover the other information and we do not express any form of assurance conclusion Ihereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is malerialSy inconsislenl with the financial slalemenls or our knOledge obtained in the course of the audit, or Dlherwise appears lo be materially misslaled. If we identity such material inconsistencies or apparent material misslalemenls, we are required lo determine whether this gives rise lo a rnalerial misslalemenl in the financial slalements themselves. If. based on the work we have performed, we conclude that there is a material misslalemenl of this other information, we are required lo report that fact. We have nothing to report in this regard. Matters on which we are requlred to report by exceptlon We have nothing lo report in respect of the following mallers in relation lo which the Charities (Accounts and Reports) Regulations 2008 requires us lo report lo you if, in our opinion.. the information given in the financial statements is inconsislenl in any material respect with the Iruslees, report., or suffiaenl accounting records have not been kepl., or the financial slalemenls are not in agreement with the accounting records., or we have not received all the information and explanations we require for our audit.

OAKHYRST GRANGE SCHOOL CIO INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF OAKHYRST GRANGE SCHOOL CIO Responsibllitles of trustees As explained more fully in the slalemenl of Iruslees, responsibilities. the Iruslees are responsible for the preparation of the financial sl8lemenls and for being salislied that they give a true and fair view, and for such internal control as the Iruslees determine is necessary lo enable the preparation of financial slalemenls that are free from material rnisslalemenl, whether due lo fraud or error. In pieparing the financial slalemenls, the trustees are responsible for assessing the charity's ability to continue as a going concern, disdosing. as applicable, matlers related lo going concern and using the going concern basis of accounting unless the Iruslees either intend to cease operations, or have no realistic allernalive bul lo do so. Audltor's responslbllitles for the audlt of the flnan¢lal statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance wlh the Act and relevant regulations made or having effect Ihereunder. Our objectives ar8 lo obtain reasonable assurance about whether the financial statements as a whole are free from material misslalemenl, whether due lo fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable 8ssuran¢e is a high level of assurance bul is not a guarantee that an audit conducted in accordance with ISAS IUK) will always delect a material misslalemenl when il exists. Misslalemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these finanual slalemenls. The extent lo which our procedures are capable of detecting iTregularilies, Including fraud. is detailed below. A further description of our responsibilities is available on the Financial Reporting Council's website al.. hllps'.11 www.frc.org.uklaudilorsresponsibilities. This description forms part of our auditor's report. other matters Your allenlion is drawn lo the fact that the charily has prepared financial slatemenls in accordance with "Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" las amended) in preference lo the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 thich is referred lo in the extant regulations bul has now been withdrawn. This has been done in order for the financial slalemenls lo provide a true and fair view in accordance with current Generally Accepted AOUntIng Practice. Use of our report This report is made solely lo the charity's Iruslees, as a body. in accordance ¥Arilh Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might slate lo the charity's Iruslees Ihose mallers we are required lo slate lo them in an auditor's report and for no other purpose. To the fullest extent permitted by law, wa do not accept or assume responsibility lo anyone other than the charily and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. Louise Hallsworth FCA Isenlor Statutory Audltorl For and on behalf of Affinia Iorpingtonl, StaluloryAudilor Chartered Accounlanls Lynwood House Crofton Road Orpington BR6 8QE Dale..

OAKHYRST GRANGE SCHOOL CIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 Unrestricted Unrestrlcted funds funds 2025 2024 Notos Income and endowments from: Charitable activities Other trading acllvilles Investments Other income 1,490,232 2,530 16,910 269,337 1,531,413 3,355 29,144 290,983 Total income 1.779,009 1,854,895 Expendlture on.. Charitable activities 2.140.570 1,959,531 Total expendlture 2,140.570 1,959,531 Net expen(Ilture 1361,5611 1104,636} other recognised galns and losses.. Revaluation of tangible fixed assets 2,349,756 Net mov&ment in funds 1,988,195 {104,6361 Reconcillatlon of funds: Fund balanS at 1 Seplemljer 2024 1.996,458 2.101,094 Fund balances at 31 August 2025 3,984,653 1.996.458 The slalement of financial 8clivilies includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies.

OAKHYRST GRANGE SCHOOL CIO BALANCE SHEET ASAT31 AUGUST2025 2025 2024 Notes Flxed assets Tangible assets 13 3,811,323 1.585.114 Current assets Debtors Cash al bank and in hand 14 533.995 482,100 52,781 1.002.468 1,016,095 1,055,249 Credltors: amounts falllng due wlthln one year 15 1842,7651 1643,9051 Net current assets 173,330 411.344 Total asset$ less current liabllltles 3.984,653 1,998,458 The funds of the charlty Unrèstricted funds 19 3.984.653 1,996,458 3,984.653 1.996.458 The financial statements were approved by the Iruslees on ier Trustee

OAKHYRST GRANGE SCHOOL CIO STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 202S 2024 Notes Cash flows from operatlng actlvlties Cash (absorbed byllgeneraled from operations 24 1445,5041 402,106 Investing activities Purchase of tangible fixed assets Investment income received 191,7741 16,910 1364,8101 29,144 Net cash us&d In Investlng actlvltles (74,864) 1335.666) Net cash generated from financing activitles Net Idecreasellincrease in cash and cash equlvalents 1520,368) 66,440 Cash and cash equivalents al beginning ol year 1.002,468 936,028 Cash and cash equivalents at end of year 482.100 1.002,468

OAKHYRST GRANGE SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng policies Charity informatlon On 26 November 2024, Oakhyrsl Grange School CIO converted frorn an unincorporated association lo Charitable Incorporated Organisalion ICIOI, registered with the Charity Commission under number 1211120. The majority of the Fixed Assets. all other assets, liabilities, and activities of the former charity were Iransfeired lo Ihe CIO al book value on this dale. The objectives and activities of the charity remain unchanged, and the IrLJslees consider that th& change in egal fomi will provide a more robust governance framework and limiled liability for ils members. 1.1 Basls of preparation The financial slalements have been prepared in accordance with the charity's goveming document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021" The charity is a Public Benefit Entity as defined by FRS 102. The financial statements have departed from the Cha¥ilies (Accounts and Reports) Regulations 2008 only lo the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the varsion of the Slalemenl of Recommended Practice which is referr8d lo in the Regulations bul which has SinGe been withdrawn. The financial slalemenls are prepared in sterling, which is the ftJn¢tional currency of the charty. Monetary amounls in these financial stalemenls are rounded Its the nearest £. The financial slalements have been prepared under the historical cost convention, modified lo include the revaluation of freehold properties and lo include inveslmenl properties and certain financial instruments al fair value. The principal accounting policies adopted are sel out below. 1.2 Going concern At the lime of approving the financial slatemenls, the trustees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus the iluslees continue lo adopt the going concern basis of accounting in preparing the financial slalernenls. 1.3 Charltable funds Unreslricled funds are available for use al the discretion of the trustees in furtherance of their chariiable objectives. 1.4 Income Income is recognised when the charity is legally entitled lo il after any perfomance conditions have been mel, the amounts can be measured reliably. and il is probable that incotne will be received. Cash donalions are recognised on receipt. Other donations 8r& recognised once the charity has been nolilied of the donation, unles5 performance conditions require deferral of the amount. Incorne tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the lime of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending dislribulion. the amount is known, and receipt is expected. If the amount is not known, the legacy is Irealed as a contingent asset. 10-

OAKHYRST GRANGE SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 AcGounling policie5 (Contlnuedl 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit 10 8 third party, it is probable that a transfer of economic benefits will be required in selllement. and the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs of each activity are made up of the lolal of direct costs and shared ¢osls, including support costs involved in undertaking each aclivily. Direct costs attributable lo a single activity are allocated directly lo that activity. Shared costs which contribute lo more than one activity and support costs which are not attributable lo a single activity are apportioned between those activities on a ba51S consislenl with the use of resources. Central staff costs are allocated on the basis of lime spent, and depreaatlon charges are allocated on the portion of the asset's use. 1.6 Tanglble flxed assats Tangible fixed assets are ini118lly measured al cost and subsequently measured al cost or valuation, nel of depreciation and any impairment losses. Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Freehold Land & Buildings Computers Motor vehicles Furniture & equipment 20h lo 20% straight line 330A slraighl line 20°A reducing balance 20% reducing balance - 20% straight line The gain or loss arising on the disposal ol an asset is determined as the difference belween the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial aclivilies. 1.7 Impalrment of flxed assets Al each reporting end dale, the charity reviews the carrying amounts of ils tangible assets lo delemine whether there is any indication Ihal those asse15 have suffered an itnpairmenl loss. If any such indication exists, the recoverable amount of the asset is eslimaled in order lo determine the extent of the Impairment loss {if any). 1.8 Cash and ¢ash equivalents Cash and cash equivalents indude cash in hand, deposits held al call with banks. other short-lerm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown thin borrowings in current liabilities. 1.9 Flnanclal Instruments The charity has elected lo apply the provisions of Se¢lion 11 'Basic Financial Instruments, and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of ils financial insliumenls. 8asic financial assets Basic Iinancial assets, which include debtors and cash and bank balances, are initially measured al transaction pre. Baslc financial liabllities Basic financial liabilities, including creditors and bank loans are initially recognlsed al Ir8nsaclion price. Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current Iiabililies if payment is due within one year or less.

OAKHYRST GRANGE SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng policies Icontlnued) 1.10 Employee beneflts The cost of any unused holiday enliuemenl is recognised in the period in which the employee's servi8 are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably commilled lo lemiinale the employment of an 8mployee or lo provide lerminalion benefits. 1.11 Retlrement benefits Payments lo defined contribution retirement benefit schemes are charged as an expense as they fall due. The cost of providing benefits under defined benefit plans is determined separately for each plan using the projected unil credit method, and is based on actuarial advice.The TPS is an unlLJnded rnulli-employee scheme wlh no underlying assets lo assign between employers. Consequently, Ihe TPS is Irealed as a defined contribution scheme for accounting purposes and the contributions are recognised in the period lo which they relate. Reliremenl benefits lo Teachers. are provided by the Teachers. Pension Scheme ITPS) defined benefit scheme. The assets and the liabilities are held separately from those of the CIO. Critlcal accountlng estlmates and Judgements In the application of the charily's accounting policies. the Iruslees are required lo make judgements, estlmales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may differ from these estimates. The eslimales and undertying assumptions are reviewed on an ongoing basis. Revisions lo accounting eslimales aTe recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Income from charltable actlvltl¢s Unrestrlcted Unrestrlcted funds funds 2025 2024 Advancement of education Fees and grants receivable 1,490.232 1,531,413 Income from other tradlng actlvltles Unrestrlcted Unrestrlcted funds funds 202S 2024 Fundraising events 2,530 3,355 12-

OAKHYRST GRANGE SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Income from Investments Unrestrlcted Unre5trlctèd funds funds 2025 2024 Interest receivable 16,910 29,144 Other income Unrestricted Unrostrlcted funds funds 2026 2024 Income from clubs and lellings 269,337 290,983 Expendlture on charltable activltles Advanceme Advanceme ntof ntof education education 2025 2024 Dlrect costs Staff costs 1,368,878 1,168,762 Share of support and governanc& costs (see note 81 Support Governance 710,431 61,261 747,555 43.214 2,140,570 1.959.531 Analysls by fund Unreslricled funds 2,140,570 1,959,531 13-

OAKHYRST GRANGE SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Support costs allocatad to activltles 202S 2024 Depreciallon Eslablishmenl expenditure Bank charges & loan interest Other adminislralive costs Governance costs 106,559 337,046 2,785 264.042 61.260 182,768 392,075 3,051 169,661 43,214 771,692 790.769 Analysed between: Advancement of education 771,692 790,769 2025 2024 Governance costs comprise: Audit fees Legal and professional 9,500 51,760 12.676 30.538 61,260 43,214 Net movement In funds 2026 2024 The nel movement in fund8 is stsled afler chargingllcredilingl.. Fees payable for the audit of the charity's financial slalemenls Depreciation of owned tangible fixed assets 9,500 1 C6,559 12,676 182,768 10 Trustees None of the Iruslees lor any persons connected with them) received any remuneration or benefits from the charity during the year. During the year ended 31 August 2025. expenses lotalling £31 were relmbursed lo 1 Trustee. 14-

OAKHYRST GRANGE SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 AUGUST 2025 11 Employees The average monthly number of employees dLtring the year was.. 2025 Numbér 2024 Number Trustees Teachers Teaching support Caretaker Catering Adminlslralion 19 Total 41 39 Employment costs 2026 2024 Wages and salaries Social security costs Other pension cost8 1,030,726 98,361 239,791 946,709 70,640 151,413 1,368.878 1,168,762 The employees costs indude a compensation paymenl1£8,1831 and a PILON paymenl1£2.3401 made lo one member of support staff. The number of employees whose annual remuneratson was more than £80,000 is as follows.. 2025 Number 2024 Number £80.000-£90,000 Remuneratlon of key management personnel The key management personnel of the School, comprise the Headteacher and the senior management team. The lolal amount of key management personnel remuneration and benefits recelved by key management personnel for their services lo the Sch(K>l was £363,68812024.' £268,059}. 12 Taxatlon The charity is exempl from taxation on its activities because all ils income Is applied for charitable purposes. 15-

OAKHYRST GRANGE SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 13 Tanglble flxed assets Freahold Land & Bulldlng8 ¢ompuiers Motor v6hlcles Furniture & 8qulpment Total Cost Al 1 September 2024 Additions Revaluation VAT reclaimed on assets Ipre-regislralion) 2,572,289 65,173 2,349,756 199,755) 77.116 25,918 35,844 261,290 2.946.539 683 91,774 2,349,756 11,5911 1108,761} 12,7751 14,6401 Al 31 August 2025 4,887.463 100,259 31,204 260,382 5,279,308 Depreclatlon and Impalrment Al 1 September 2024 Deprecialion charged in the year 1,047,463 88,777 64,325 9,430 12,996 4,570 236,642 1.361.426 3,782 106,559 Al 31 August 2025 1,138,240 73.755 17,566 240.424 1.467,985 Carrylng amount At 31 August 2025 3,751,223 26,504 13.638 19,958 3.811,323 Al 31 August 2024 1,524,827 12,791 22,848 24,648 1,585,114 14 Debtors 2025 2024 Amounts falllng due wlthln one year: Trade debtors Other debtors Prepayments and accrued income 424,452 74,370 35,173 616 52,165 533.995 52,781 15 Credltors: amounts falllng due wlthln one year 2025 2024 Notes Other taxation and soual security Deferred income Trade creditors Other creditors Accruals 115,626 808,745 82,990 22,395 33,009 20.375 330,970 46,154 19,506 226,900 16 842.765 643,905 16-

OAKHYRST GRANGE SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 16 Deferred Income 2025 2024 Other deferred income 608,745 330,970 Deferred income is included in the financial slalements as follows.. 2025 2024 Deferred income is included within.. Current liabilities 608,745 330,970 Movements in the year.. Deferred income al 1 September 2024 Released from previous periods Resources deferred in th& year 330,970 1330.9701 608.745 124,668 1124,6681 330,970 Deferred income al 31 August 2025 608,745 330,970 17 Retlrement boneflt schemes 2025 2024 Deflngd contribution schemes Charge to profit or loss in re8pecl of defined conlribulion schemes 20,759 26.847 The charity operates a defined contribution pension Scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. 17-

OAKHYRST GRANGE SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 18 Deflned beneflt scheme Teachers pension Introductlon The Teachers, Pension Scheme ITPSI is a slatulory, contributory, defined benefit scheme, governed by the Teachers, Pension Scheme Regulations 2014. Membership is automatic for teachers in academy trusts. All teachers have the option lo opt out of the TPS following enrolmenl. The TPS is an unfunded scheme lo which both the member and employer makes conlribulions, as a percentage of salary. These contributions are credited lo Ihe Exchequer. Retirement and other pension benefits are paid by public funds provided by Padiamenl. Valuatlon of the Teachers, P8nslon Scheme The Government Actuary, using noTmal actuarial principles, conducts a formal actuarial review of the TPS in accordance with the Public SeNice Pensions (Valuations and Employer Cost Cap) Diredions 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 conlribulions. Actuarial scheme valuations are dependent on 8ssumplions about the value of future costs, design of benefits and many other factors. The latest actuarial valuation of the TPS was carried out as al 31 March 2020. The Valuation report was published by the Department for Education on 27 October 2023, with the SCAPE rate, sel by HMT. applying a notional investment return based on 1.70h above the rate of CPI. The key elements of the valuation Dulcome are.. Employer contribution rates sel al 28.68% of pensionable pay linduding a 0.08% adminislralion levyl. This is an increase of 50/0 in employer contributions and the cost control result is such that no change in member benelils is needed. Total scheme liabilities Ipensions currently in payment and the estimated cost of future benefits) for service lo the effective dale of £262,000 million and notional assets leslirnaled future contributions together with the notional investments held al the valuation dale) of £222.200 million, giving a notional past service deficit of £39.800 million. The result of this valuation will be implemented from 1 April 2024.The next valuation result is due lo be implemented from 1 April 2027. The employerfs pension costs paid lo the TPS in the period amounted lo £219,032, this amount is made up of TPS arrears and interest owed to the TPS. A copy of the valuation report and supporting documentation is on the Teachers, Pensions website. Under the definitions sel out in FRS 102, the TPS is an unfLJnded mulli-employer pension Scheme. The Gharity is unable lo identify ils share of the undeilying assets and liabilities of the plan. Accordingly, the charity has taken advantage of the exemption in FRS 102 and has accoLJnled for ils conlribullons lo the scheme as if il were a defined contribution scheme. The charity has sel out above the information avallable on the scheme. 18

OAKHYRST GRANGE SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 19 Unrestricted funds The unreslricled funds of the Charity comprise the unexpended balances of donations and grants whth are not subject Its specific conditions by donors and grantors as lo how they may be used. These include designated funds which have been sel aside out of unrestricted funds by the Iruslees for specific purposes. At1 September 2024 Incoming resources Rosourcés Al 31 August expended 2025 General funds Revaluation reserve 1,996,458 1,779.009 12.140.570) 1.634.897 2.349.756 Prevlous year: At1 September 2023 Incomlng Resource5 At 31 August resources expended 2024 General funds 2.101.094 1.854.895 11.959.531) 1,996,458 20 Flnanclal commltmgnls* guarantees and contingent Ilabllltles Al the year end there was a potential contingent liability relating lo the Teachers, Pension Scheme for five members of staff who should h8ve been part of this pension scheme during their employment. The potential liability is not 8ble lo be quantified al this stage. 21 Operatlng lease commltments Lessee The operating leases represent leases of Photocopiers and a minibus. At the reporting end dale the charity had outstanding commrtmenls for future minimum lease payments under nonNcancellable operating leases, which f811 due as follows.. 2026 2024 thin one year 10.753 9.710 22 Capltal commltments Amounts CDnlracted for bul not provided in the financial slalements.. Al 31 August 2025 the School was committed lo completing Phases 1 and 2 of the Main Building Refurbishment Project, with costs ID completion of £26,072 (Phase 1.. £4,300 and Phase 2.. £21.772112024'. £77,195). 19-

OAKHYRST GRANGE SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 23 Related party transactlons There were no disclosable related party transactions during the year (2024- none). Cash labsorbed byllgenerated from operations 2025 2024 Deficit for the year 1361,561} 1104,636} AdJustments for: Investment income recognised in 51alement of financial activities VAT reclaimed on assets Ipre-regislralionl Depreciation and impairment of tangible fixed assets 116,910) 108,761 106,559 129,144) 182,768 Movements In worklng capital.. {Increaselldecrease in debtors {Decreasellincrease in credilo¥s Increase in deferred income 1481,213) 178,9151 277,775 24,369 122,447 206,3L12 Cash (absorbed byllgenerated from operatlons 1445,5041 402,106 25 Analysls of changes In net funds The charity had no material debt during the year. .20.

Charlty reglstratlon nurnber 1211120 IEngland and Wales) OAKHYRST GRANGE SCHOOL CIO ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Introduction ................................ ................................ ................................ 3
The Audit Process ................................ ................................ ....................... 4
Audit approach and scope ................................ ................................ ..... 4
Significant risk audit areas ................................ ................................ ......... 5
Materiality ................................ ................................ ................................ . 7
Objectivity and Independence ................................ ................................ 7
Amendments to financial statements ................................ ........................ 8
Expected modifications to the auditor’s report ................................ ......... 9
Accounting system and internal control ................................ ................... 9
Other matters to be communicated with those charged with Governance
................................ ................................ ................................ .................... 15
Significant difficulties encountered during the audit ........................... 15
Significant matters, if any arising from the audit ................................ . 15
Other action points – Reminders and Submissions ........................... 15

Highpriorityrecommendations	1
Mediumpriorityrecommendations	4
Low priority recommendations	4
Total	9

	Significant Risk	Significant Risk	Explanation of the risk	Explanation of the risk	Audit work performed	Conclusion
			Our audit may serve to act as a deterrent, but we are not responsible for preventin g fraud or corruption.
3.	Related and connected parties		We are required to consider whether disclosures in the financial statements concerning related party transactions are complete and comply with the Charities SORP .		A search was completed for each of the trustees to identify possible related parties with which the charity may have transacted. We reviewed trustee and other senior management declarations to ensure there no potential related party transactions have not been disclosed. We have requested written management representations from you confirming the full disclosure of related party transactions.	Our audit work has provided assurance that the related party transactions disclosed in the financial statements are complete.
4.	Going concern	We are required to consider the Charity’s assessment of going concern to ensure that the basis of preparation remains appropriate. We are aware that the Charity relies on a main source of funding.		We reviewed corresponding documentation in relation to assurances provided to the Charity regarding future funding. We have considered the trustee assessment and review budgets set for future periods.		Our audit work has provided assurance that the charity continues to be a going concern, and this remains appropriate.

	Effect on Fund Reserves ( £)
Fundsper ledger	1,510,369
Fixed asset additions	19,592
Accruals	- 33,009
Bank Interest	17,939
Deferred Income	43,696
Prepayments	4,332
Aviva Pension Debtor	22,299
TPS Pension Debtor	24,436
Revaluation Adjustment	2,374,999
Funds per Accounts	3,984,653

Description and impact	Recommendation	Charity Response	Priority
Purchase Orders have not been raised since October 2024. The last Purchase Order raised was only evidenced as being approved by the Bursar or the Finance Officer , not the Headteacher, as expected. Potential Impact: Financial commitment not being recorded on the accounting system.	To ensure where the expenditure is known, a Purchase Order is raised, to ensure the financial commitment is on the accounting system and is appropriately approved in line with the School's Financial Systems and Procedures Policy and the authority limits se t.	Noted.	Low.
The p ayment List and supporting invoices that should be presented to the H eadteacher were not always available , those seen were not signed as approved. This resulted in some invoices not being available or appropriately approved prior to being paid. Potential Impact: Invoices not being approved, prior to payment being made.	To ensure all Purchase Invoices are appropriately approved, in line with the School's Financial Systems and Procedures Policy and the authority limits set.	Noted.	Medium.

Description and impact	Recommendation	Charity Response	Priority
Five purchase invoices had been signed as approved but exceeded the approvers authority limit of £5k. Potential Impact: Purchases may be made exceeding budgets.	To ensure approval limits are adhered to as included within the School's Financial Systems and Procedures Policy.	Noted.	Medium.
For each supplier payment run in the year tested, the bank only required one person to upload and send the payments. Note: During the audit, the Bursar logged onto the bank and set up payments to require two people to send payments. Potential Impact: Payments are made without prior approval.	None, in view of the action now taken, however the school did not implement the additional bank security in place, for the year being audited (2024/2025) to ensure at least two bank approvers are required to make all payments.	The bank was setup to requires two payments approvers, effective 23 January 2026.	N/A.
The monthly charge card statements were not evidenced as independently checked by the Headteacher. Potential Impact: The charge card being misused or used inappropriately, where an alternative method is available.	To ensure all monthly charge card statement s are reviewed and signed as checked by the Headteacher.	Noted.	Low.
Internal requisition forms are not being used, to obtain prior approval for the use of the charge cards or debit cards. The Debit Card was also used after the year end to make a late payment to HMRC for PAYE (£22,130.19).	To ensure internal requisition forms are completed and approved, prior to using the charge cards, to ensure all expenditure is appropriate.	Noted.	Low.

Description and impact	Recommendation	Charity Response	Priority
Potential Impact: The charge card being misused or used inappropriately, where an alternative method is available.		The debit cards have now been cancelled.
Payroll is prepared by Affinia Payroll Services on the School's Xero Payroll and then the Headteacher should review the payroll, along with the Finance Officer. Evidence of the monthly checks was not available. Potential Impact: Payroll errors go unidentified.	To ensure that the monthly independent check of the payroll is evidenced .	Noted.	Medium.
An updated annual salary statement/letter was not maintained on personnel files for the previous Headteacher and Bursar. Potential Impact: Salaries paid at unauthorised rates and errors in pay may not be identified.	To ensure that all staff personnel files should contain up to date, authorised salary documentation detailing the employee’s current salary and allowances. A full check between the personnel files and payroll records should be conducted to ensure all Pay and HR records are in alignment.	Noted.	High.
For eight employees selected, their personnel file contained salary letters, which had not been signed as approved. One further employee's personnel file only included confirmation of their hourly rate. Potential Impact: Salaries paid at unauthorised rates and errors in pay may not be identified.	As noted above .	As noted above .	As noted above .

Description and impact	Recommendation	Charity Response	Priority
For three employees sampled, who received variable pay, this was not evidenced as approved by the Headteacher. Potential Impact: Incorrect pay may not be identified.	To ensure all variable payments, are checked and appropriately signed as approved, as part of the monthly independent check of payroll.	Noted.	Medium.
P referential hiring rates are applied for long term lets . T he rate applied for two hirers were not confirmed within their agreement s (L & M Swimming Club and Aquarius Swimming), which we understand were e - mailed back to the School including printed signatories. Potential Impact: Discrepancies with hirers may arise and it is difficult to check correct invoicing without rates being agreed .	To e nsure rates are also included on hire agreements.	Noted	Advisory
The Bank reconciliation for the Flagstone a ccount did not agree with the year - end statement. Interest ha d not been posted to the accounts. Potential Impact: Interest understated within the accounts.	To ensure all Bank Accounts are fully reconciled each month and in agreement with the balances recorded on the accounting system.	Noted.	Low.

Description and impact reported in prior year	Status in current year	Managements Comment
To ensure where the expenditure is known, a Purchase Order is raised, to ensure the financial commitment is on the accounting system and is appropriately approved in line with the School's Financial Systems and Procedures Policy and the authority limits se t.	Issue reported again this year.	Since the end of the period covered by this Audit, a new Head has joined the School and has implemented significant remedial actions to address these matters .
To ensure all Purchase Invoices are appropriately approved, in line with the School's Financial Systems and Procedures Policy and the authority limits set.	Issue reported again this year.	As above
To ensure approval limits are adhered to as included within the School's Financial Systems and Procedures Policy.	Issue reported again this year.	As above
We recommend that the school puts additional bank security in place, where at least two bank approvers are required to make all payments.	Issue reported again this year.	As above
To ensure all monthly charge card statement are reviewed and signed as checked by the Headteacher.	Issue reported again this year.	As above
Where an approved monthly agreement has been entered into, payments are set up via a direct debit and included within the monthly Bank reconciliation check, to ensure the amount paid is correct and that it is also correct for the payment to continue .	The issue was not identified this year.	As above
To ensure that the monthly independent check of the payroll, is able to be evidenced, by signing the payroll reports, or evidencing this check as part of a Month End routine check.	Issue reported again this year.	As above

Description and impact reported in prior year	Status in current year	Managements Comment
To ensure that all staff personnel files should contain up to date, authorised salary documentation detailing the employee’s current salary and allowances. A full check between the personnel files and payroll records should be conducted to ensure all Pay and HR records are in alignment.	Issue reported again this year.	As above
To ensure schedules for all Christmas Bonus payments and variable pay, are checked and appropriately signed as approved, as part of the monthly independent check of payroll.	Issue reported again this year.	As above
To ensure when a trip has been completed, that a Financial Outturn is completed and signed by both the Trip Organiser and a member of finance, to denote their mutual agreement of the finances.	Issue reported again this year (advisory).	As above
To ensure that a Lettings Policy and Standard Rates, is in place and to also ensure that the Policy and rate are reviewed and agreed by Trustees annually, including any preferential rates applied.	Issue reported again this year.	As above
It is crucial for schools to follow a formal tendering process for medium to high - value contracts. This process ensures a fair, consistent, and effective approach to procurement exercises.	No tender process was noted to be required in the 2024/2025 academic year.	N/A
To ensure all Trustees, SLT members and members of finance, complete an annual Declaration of Business Form, to ensure any potential related parties are known to the School .	The issue was not identified this year.	N/A