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 pr￿resS 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. un￿strICted
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, kno￿edge 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
organisat￿nal 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 Ac￿untIng
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 reSoUr￿S 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 a￿OUntIng standards have been followed, subject lo any material departu￿8 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 GenerallyAc￿pIed 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 knO￿ledge 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 A￿OUntIng 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 balan￿S 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 pr￿e.
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 servi￿8 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

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 pr￿resS 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. un￿strICted
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, kno￿edge 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
organisat￿nal 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 Ac￿untIng
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 reSoUr￿S 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 a￿OUntIng standards have been followed, subject lo any material departu￿8 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 GenerallyAc￿pIed 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 knO￿ledge 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 A￿OUntIng 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 balan￿S 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 pr￿e.
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 servi￿8 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.

# 



## 

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





## 

|Highpriorityrecommendations|1|
|---|---|
|Mediumpriorityrecommendations|4|
|Low priority recommendations|4|
|**Total**|**9**|

















- 





- 


















- 






- 





- 




- 






















- 



- 


- 


- 



- 













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












































































## 

||**Effect on Fund**<br>**Reserves (**<br>**£)**|
|---|---|
|Fundsper ledger|1,510,369|
|Fixed asset additions|19,592|
|Accruals|-<br>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 **<br>**Response **|**Priority**|
|---|---|---|---|
|Purchase Orders have not been raised since<br>October 2024. <br>The last Purchase Order raised was only<br>evidenced as being approved by the Bursar or<br>the Finance Officer<br>,<br>not the Headteacher, as<br>expected.<br>**Potential Impact:**<br>Financial commitment not<br>being recorded on the accounting system.|To ensure where the expenditure is<br>known, a Purchase Order is raised, to<br>ensure the financial commitment is on<br>the accounting system and is<br>appropriately approved in line with the<br>School's Financial Systems and<br>Procedures Policy and the authority<br>limits se<br>t.|Noted.|Low.|
|The<br>p<br>ayment List and<br>supporting<br>invoices that<br>should be presented to the H<br>eadteacher <br>were<br>not always available<br>,<br>those seen<br>were<br>not signed<br>as approved. This resulted in some invoices not<br>being available or appropriately approved prior<br>to being paid. <br>**Potential Impact:**<br>Invoices not being approved,<br>prior to payment being made.|To ensure all Purchase Invoices are<br>appropriately approved, in line with the<br>School's Financial Systems and<br>Procedures Policy and the authority<br>limits set.|Noted.|Medium.|






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





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





|**Description and impact**|**Recommendation**|**Charity **<br>**Response **|**Priority**|
|---|---|---|---|
|For three employees sampled, who received<br>variable pay, this was not evidenced as approved<br>by the Headteacher. <br>**Potential Impact:**<br>Incorrect pay may not be<br>identified.|To ensure all variable payments, are<br>checked and appropriately signed as<br>approved, as part of the monthly<br>independent check of payroll.|Noted.|Medium.|
|P<br>referential<br>hiring<br>rates are applied for long term<br>lets<br>.<br>T<br>he rate <br>applied<br>for two hirers were not<br>confirmed<br>within<br>their agreement<br>s<br>(L & M<br>Swimming Club and Aquarius Swimming), which<br>we understand were e<br>-<br>mailed back to the School<br>including printed signatories.<br>**Potential Impact:** <br>Discrepancies with hirers may<br>arise and it is difficult to check correct invoicing<br>without rates being<br>agreed<br>.|To e<br>nsure rates are also included on hire<br>agreements.|Noted|Advisory|
|The Bank reconciliation for the Flagstone<br>a<br>ccount did not agree with the year<br>-<br>end<br>statement.<br>Interest<br>ha<br>d<br>not been posted to the accounts.<br>**Potential Impact:** <br>Interest understated within the<br>accounts.|To ensure all Bank Accounts are fully<br>reconciled each month and in<br>agreement with the balances recorded<br>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<br>Order is raised, to ensure the financial commitment is<br>on the accounting system and is appropriately<br>approved in line with the School's Financial Systems<br>and Procedures Policy and the authority limits se<br>t.|Issue reported again this year.|Since the end of the period covered by<br>this Audit, a new Head has joined<br>the<br>School and has implemented significant<br>remedial actions to address these matters<br>.|
|To ensure all Purchase Invoices are appropriately<br>approved, in line with the School's Financial Systems<br>and Procedures Policy and the authority limits set.|Issue reported again this year.|As above|
|To ensure approval limits are adhered to as included<br>within the School's Financial Systems and Procedures<br>Policy.|Issue reported again this year.|As above|
|We recommend that the school puts additional bank<br>security in place, where at least two bank approvers are<br>required to make all payments.|Issue reported again this year.|As above|
|To ensure all monthly charge card statement are<br>reviewed and signed as checked by the Headteacher.|Issue reported again this year.|As above|
|Where an approved monthly agreement has been<br>entered into, payments are set up via a direct debit<br>and included within the monthly Bank reconciliation<br>check, to ensure the amount paid is correct and that it<br>is also correct for the payment to continue<br>.|The issue was not identified this year.|As above|
|To ensure that the monthly independent check of the<br>payroll, is able to be evidenced, by signing the payroll<br>reports, or evidencing this check as part of a Month<br>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<br>up to date, authorised salary documentation detailing<br>the employee’s current salary and allowances.<br>A full check between the personnel files and payroll<br>records should be conducted to ensure all Pay and HR<br>records are in alignment.|Issue reported again this year.|As above|
|To ensure schedules for all Christmas Bonus payments<br>and variable pay, are checked and appropriately signed<br>as approved, as part of the monthly independent check<br>of payroll.|Issue reported again this year.|As above|
|To ensure when a trip has been completed, that a<br>Financial Outturn is completed and signed by both the<br>Trip Organiser and a member of finance, to denote<br>their mutual agreement of the finances.|Issue reported again this year<br>(advisory).|As above|
|To ensure that a Lettings Policy and Standard Rates, is<br>in place and to also ensure that the Policy and rate are<br>reviewed and agreed by Trustees annually, including<br>any preferential rates applied.|Issue reported again this year.|As above|
|It is crucial for<br>schools<br>to<br>follow<br>a formal <br>tendering<br>process <br>for medium to high<br>-<br>value<br>contracts. This<br>process ensures a fair, consistent, and effective<br>approach to procurement exercises.|No tender process was noted to be required in<br>the 2024/2025 academic year.|N/A|
|To ensure all Trustees, SLT members and members of<br>finance, complete an annual Declaration of Business<br>Form, to ensure any potential related parties are known<br>to the School<br>.|The issue was not identified this year.|N/A|