Règistered number: 01162325 Charity number: 269003 NOTRE DAME PREPARATORY SCHOOL (NORWICH) LIMITED (A company limited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) CONTENTS Page Reference and administrative details of the Charity, its Trustees and advisers Report of the Commlttee of Management 2-10 Independent auditors. report on the financial statements 10-13 Statement of financial activities 14 Balanc8 shoat 15 Statement of cash flows 16 Notes to the financial statements 17-33 The following pages do not form part of the slatulory financial statements..
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025 Committee of Management K Long, Chairman Father A Eburne. Vice Chairman S Chia G Holland J Walker H Worsley J Graham Company registered number 01162325 Charity registered number 269003 Registered office 147 DehaM Road Norwich Norfolk NR2 3TA Head Teachers Louise Campbell Kim Laudan Bursar G Diffey (Resigned 14 August 20251 Independent auditors MA Partners Audit LLP Charted Accountants & Statutory Auditors 7 The Close Norwich Norfolk NR14DJ Bankers HSBC Bank plc 18 London Street Norwich NR2 1LG Accountants Morphry Thyme Limited Room 221-224 Breckland Business Centre Dereham Norfolk NR19 1FD Page 1
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) REPORT OF THE COMMITTEE OF MANAGEMENT IINCORPORATING A DIRECTOR'S REPORTI FOR THE YEAR ENOEO 31 AUGUST 2025 The Cornmitlee is pleased to submit it5 snnual report and financi815talements for the year ended 31 August 2025 Commlttèe of Management The directors of the charitable company I'the schiK)I'l are the members of the Committee of Management and its Iru8teos for the purpose of (MpanY and tharity law. Members I mernbers of the Committee of Management are members of the charitable company. The charitable cornpany has no share capital and the liability of rnernbers is litniled by the guaranlee tD Gonlribute a Tnaxitnutn of £1 to the assets of the cotnp8ny in the event of ils winding up. At 31 Au9Us12025, the charitable company haLI 7 such members12D24..81. In the 8V8nt of th8 ch8ritab18 company b8ing wound up with surplus funds. no memb8rs shall b8 8nti118d to participat8 in the distribution of th& surplus. The funds remaining 3ft8r the s8ttl&m*nt of all liabilities will b& transferred lo organisations pursuing similar charitsble objectives. STRUCTURE. GOVERNANCE AND MANAGEMENT Gtsvernlng dttcument Nolre Dame Preparatory School 15 a corDpany limited by guarantee and registered under the Cotnpanies Act 2006. reglstration number 01162325. It is a giSte ¢harily. ¢harity number 269003. The governing instrument for Notre Dam8 Preparatory School is ils M8morandum 8nd Articl88 of Associ8tion. The goveming body of the cotnpany is the Comrnittee of M8na9ement and they act as trustees for the charity. The Committee is responsible for controlling th& management and administration of the company Risk management The trustees have identified the tn3jor risks to which they bdieve the school is exposed. Risks include but are not limited lo.. financial risk, safeguarding children. acadentsl injury, school trips, risk of vanLlalism. fire. intruders, and Ire8pass8rs The school has robust pollcies, risk assessments. and proc&dur8s In place to mlnimisè Sk$ wllhln the school. S88 8xamples of risk management for th8 k8y ar888 b81ow'. Page 2
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) REPORT OF THE COMMITTEE OF MANAGEMENT IINCORPORATING A DIRECTOR'S REPORTI FOR THE YEAR ENOEO 31 AUGUST 2025 Ke Risk area Safeguarding Children Safe U3rds in lace Regular staff Ir8ining Compliance with th& ISI 2023 Fram&work Safeguarding audits both internal and extemal Agenda point at every senior management mÈÈling Two members of Etsff with up lo date OSL training Safer r8cruilm8nl training Regular rnoniloring of the Single Central Register Firsl aid policy MediGal emergenGy planning 30+ staff trained in first aid Robust procedures in pla for the administration of medication policy raviad annually Robust procedures in plsce for children with allergies and SpefiC dietary need8 Missing child policy Interim He8d IPa8lDrall cOrdInateS pupil wdfare 8UPPOrt and Financial Appropriate scrutiny and authorisation of traNctIOnS Monthly financial reporting, profit and loss projections and cashflow forecasts lo the governing body and the SMT External Account8nfs review and monitoring of income, debtors and suppliers and expendilu Xero software support Financial risk assessment reviewed each term by goveming body Fire pdicy in place Fir* risk a8sessmenl in plac& that 18 r8vi8wed r&gularly Regular tlloniloring offire 8larm systerns and equiprnenl Regularfire drills Regular 5eNicing and testing of electrKal and gas systems Daily 8it& walks Cotn liance with the ISI re ulalo Robust H8alth & Saf8ty policy in place Risk assessm&nls complÈled for each area of risk. Departmental review takes place when anything changes or annually for no other reason. Fire uirements Health & Safety General Governor18d Health & Safety Committe& Regular monitoring of key 2re2s such as Flre. Flrst Ald, COSHH. ionella, Asbest05 and F(od Safet Main entry gates and doors (xntro118d by magnetic locks and a buzzer ané Inter¢om system Sits gates locked immediately after pick up 2nd drop off The alam) system Installed is monitored extemally Risk assessment in lace Visits & Trips Policy In place Individual risk assessments cornpleled foreach trip by the eventlead Missin and rolocols Staff training- 3 year deVelOpent plan in placè Member of ISBA and ISA Staff InduGtk)n procedures Regular updates lo staff and inset training SMT have an open-door policy Interim Head IPastorall- ctrordinales siafF wdfare support staff mental health Inilialives Staff handbook staff code of conduct and behaviour policy Intruders School Trips HR & Staff Welfare Page 3
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) REPORT OF THE COMMITTEE OF MANAGEMENT IINCORPORATING A DIRECTOR'S REPORTI FOR THE YEAR ENOEO 31 AUGUST 2025 Other General Points of Note Regular governor, SMT and staff m88tings ar8 h8ld in ord8r to head oft problems befts they be¢ome an issue Risk register 18 in place which is updated al regular intetval8. The s¢hwl is a member of The Independent Schools Asso¢ialion (ISAI, The Independent Schools Bursars. Association IISBAI and The Asso¢iation of Governing Bodies of Independent S¢hools IAGBISI. These organisations offer 8 wealth of support lo the school frotn. general guid3nce over the telephone to providi template document8 for key policies and information lating to best practKe. Th8 goveming body is made of members from varying b4¢kgrounds and skill sets This breadth of experience and kno%edge feeds into the h0o1 8nd helps to identify areas for itnprovement ensure that the schod is tnoving forward safely and effectively. In addition. from lime lo time. the s¢hool will Instigate an independent audit of an area of the s¢hool ¢omplian¢e i.e. Health & Safely and Safeguarding. Norfolk County Council saf8rding Audit5 completed a5 required Such audi15 8nsur8 that the schDDls' procedures ar8 ind8p&nd8ntly scrutinis8d 8nd help k88P the exposure to potential risk low. Appointmènt of trustees Al members are circulated with a notice prior to the AGM wthich notifies thern of the mernbers who retire by rolalion and eligible, offer themselves for re-electlon. Trustee Inductlon and tralnlng All future trustees will reGeive briefing as to their legal dAigation5 under Gharity 3nd Gompany law, the content of the Memorandum and Articles of Association, the commiit88 and deasion-m8king proces888, and r8c8nl financial perforrnance of the charitable cornpany. Arrangernents for setting pay and rernuner3tion of key managernent personnel The Senior Leadership Te3M remuneration 15 set according to industry stsndards pertaining to schwl size and numbers of chIren on roll The head is responsible for setting the deputy d$, ancl bu@ar's pay. and the goveming body 15 responsible for setting the hd'S pay in 3CGord3nce wtth DFE guidelines. Organlsatlon Thè Committeo meets guladY and the joint ho8d8 have been apwinted by the trustees to manage the day to day operations of the charitsble cornp8ny. Page 4
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) REPORT OF THE COMMITTEE OF MANAGEMENT IINCORPORATING A DIRECTOR'S REPORTI FOR THE YEAR ENOEO 31 AUGUST 2025 OBJECTIVES AND ACTIVITIES Oblectlves The obieclive of the school is the 8dvancement of education in a Catholic oteXt bul inclusive to children of all f8ilh5 or non8. Originally founded by the Sisters of Nolre Dame In Surrey Street, Norwich in 1864, U)e sch1 was tranSferd tr> Dereham Road in August 1973. Mission Ststement As a Roman Catholic school, w8 end88vour to nurtur8 8 lov8 of God through Jesus Christ in all our childr8n. Th8 school has an ethos ol love and Ca and embraces children of all faiths. Children are treated as individuals, respeGled, nurtuted and encouraged to ernbrace and fulfil their potential in all areas of school life. We foster positive rdationship5 with peers and adult5. and strive lo engender mutual respect in all. We provide a wid&-ranoe of extra-curricular acliMtie8 in order to d8v8lop the talents of each thild. Thè primary purpose of Nolre Dame Prep8ratorySchool18thÈ advancement ofedutatlon for children. Inextricably linked ith this purpos8 IS th8 aim of contributing to the public good. Notr8 Dame Pr8p School airlls to contribute considerab18 publi¢ benefit to the lo¢al. national and Intornational community Pupils are encouraged and expected to develop an understanding of. 3nd 3 cornmitmenl lo, public benefit values as an integral part of their education. Pupils absorb these v8lues both consciously and unconsciously and the school tries 10 deliver an appropriate prograrntne in both a structured and unstructured way, and lo lead by example. The school measures its success u*ng national standardised scores for children in Iheir185t year and before embatking on seGondary school educalion. End of KS2 assessment result5 retnain high. and alw4ys above national expectations and the school prides itself on devebping happy and welkrounded young people. PUBLIC BENEFIT Thè greatest public benefit that Notr& Dame Prep SchoDI can offer is the affordabl& provision of an education that maximis8s the likelihood of its pupils d8veloping into principled, informed, op8n minded, and confident citizens who resped the beliets of others and who a determined to make a lI1ve ¢onlnbution to so¢iety. As a Cathdi¢ s¢hool. e sctively encourage a multi-cultural and multi-faith approach. The trustees have had due gard to the Charity Commission guidan on public benefit. Public benefit at local level 1. Education at Notre Datne Prep Schi>DI Thè setrK)ol &ducal8s approximately 115 childr&n from the local a8. The sch(Kil provid&s a co-educational, academic. primary school and nursery educatK)n. Entry lo Notre Dame Prep S¢hool is open to all Children. Irrespective of ced or culture. The entrance produre 18 designed ID be a8 fair as possible. The s¢hool strives to keep the fèos al a level that makes them affordable. Bursaries are sv8ilable for parent5 who need financial hdp and support. 2. Active Service by Pupils Children sing and p8rfonn in local churches and hav8 also entertain8d in 8 resid8ntial home for th8 eld8dy. Children raise funds for various Gharities e.g Cafad and Street Child. Food collection for local food banks at Christmas or Harvest. Collections af gifts at Christrnas. Page 5
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) REPORT OF THE COMMITTEE OF MANAGEMENT IINCORPORATING A DIRECTOR'S REPORTI FOR THE YEAR ENOEO 31 AUGUST 2025 3. AciivÈ Semte by Staff Memb8rs of staff ar8 involved in and sccornpany childr8n wh8n und8rtaking charitabl8 woths. Indlvidual members of Staff serve or have sErv&d Ihe local community in the following areas." reading In church. extraordinary ministers of the Holy Communion dutiÈs, coaching skills al local 8POrts clubs, local charlty work, and playing local stKt. 4. Links with other OrganisatsS Opportunitie5 are provided by the school for UEA PGCE Students to undertake their training. The schcKA provides training opportunities for college student8 and we provide many placement8 during the Work experience opportunities ar& offered to loc21 secondary school pupils. We provide opportunities for candidates wishing to pursue a career in tGhing to do obsèrvations prior to University. We provide our car park free of charge to the 7th Day Adventist Church next door for use over the weekends. 5. Charity fundraising The whole school community is involved in raising money for local charities ss well as national and intemalional tsnes l.e. Street Chlld, CAFOD and Sav& the Children. The school understsnds 115 duty to protect the public. including vulnerable people. frorn naSOnablY intnJsive or persislenl fundraising 8pproaches and undue pressure lo donate. but does Not currently fundraise from the public 8P8rt from the abov8 not8d aclivitl8s, nor uses sny internal fundraisers or exl8rn81 fundraising ag8ncies for 8lth8r telephone or faCe-t[aCe campaigns. No fundraising complaints were received during the year. 6. Sport Notre Dame Prep Schwl is an active mernber of the Nowch Schoo15 Sport5 Partnership which brings together stat* and independent schools 7. General Facilities The schwl faGilibes arè used fDr exlemal musiG. speesh and drama exams and aGbvilies for outside pupils at no chary8. The school operates its own hdiday club outside of tetm-tirne for 811 pupils th8t attend the school. The holiday club is run during the main Christmas, Easter and Summer breaks 8nd offers a fun packed program of activities for all children from age 2 10 11. 8. The Environm8nt The school reduces its own waste and recydes approximately 75% of a11 waste productsthrough ourlocal waste conlractor. The school became'greenerf through the purchasing ofwasteland which has become a green ares through the planting of new shrubs, a 18wn. plants and flow&rs. This 8r8a is continually d8veloped and improved and used daily by our nursery. The school has b8eomÈ 'greener' ov&r years and development continuès in this respect including the planting of trees in the front garclen over the years. Ovgr the years the Scho has reduced Ik use of singl8 u88 plastsc considerably across the whol8 school from the kitGhen to the classrootn and at PTA events. The school continues lo look at olherways to reduce energy usage. Page 6
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) REPORT OF THE COMMITTEE OF MANAGEMENT IINCORPORATING A DIRECTOR'S REPORTI FOR THE YEAR ENOEO 31 AUGUST 2025 Public benefit at national level Children in the independent sector are not eduGated at the tsxpayers. expense, releasng funds for use elsewhere. VAT is now tharged on all schcol fees. ACHIEVEMENTS AND PERFORMANCE Review There hav& b88n no changes in activities during th8 year, 811 of which are pursu8d for charitable purpo888. Th8 8ehool has high end of KS2 Ass8ssmenl results which is an 8xce118nt 8chi8vem8nt (x>n8idering the school is non- selective and represents dedication and hard work from 51aff and pupils alike. As a key 8hDp window f(K the school, our school website is continually under review and contains es8ential information for exi51ing parent5 and potential new adtllissions 31ike along with all the required rwulatory information. We are curréntly in the process of updating this and it is &xpecled that th8 n&w layout will mak8 th& websitt much easier to navigale with inforrnalion about all aspects of %hool life inGluding GurriGulutn. slaff. adrnissions and safeguarding to name but a fèw. Staff and pupil w&War8 have aayS b88n front and centre at Notre D8m8 Prep School and continu8S to b8 so. Th8 Wellbeing policy has been rewritten with a new 51aDdaloDe Wellbeing policy specifically for 51aff. Staff are vigilant lo tice any worries or concern8 within their class and these are Shared, where appropriate, In weekly staff meetings lo ensure 311 staff Gan support where needed. Ment31 wellbeing is headed up by the Head (Pastorall who is a Mental Health First Aid&r and both staff and children ar& r&minded regularly through lessons, assembli&s and signage in schc who they can talk lo This helps to ensure that pupils. parent5 and staff zlike have sotneone to go lo ancl information at hand ID assist them whn required. In previous years we have Invested substantially in the school building In order to Improve facilities for our school communty. The 5Ghool's lunch provision has greatly improved over the years with food being prepared fresh on sile in a well.filted and maintained commercial kitchen facility. The school strives to providè fresh. healthy t(K>k&d food on a daily basis calerin9for a numberof special diel8ry requirements. The menu 15 reviewed regularly in liaison with the Schoj cnCil. A larg8 &xlension in 2019 costing around £350,000 add8d n8w offic8 and cl8ssroom spac8 and allowed for the library lo exlÈnded. Improving toth lÈarning spaces and security through the new reception arÈ8. Further inveslmÈnt In the EYFS has taken p18ce over the last few years wth ImprovÈmÈnts lo the outside play spaces. This includes the instsllation of all-weather canopies direcuy oulsidethe EY classrooms and more acce55ible and direct access to the school g8rden with improved reSrceS. Th18 year subslanlial works havè b&en undèrtaken on the roof along 1th a program of Continued malntenanc&. Th 8tal8ment of Fin8ncial Activities shows the InMe and application of r8sourc8s for the year. FINANCIAL REVIEW Tot31 inGOtne for the year w35 £1.156.086 compared to £1,374.940 in 2024 and total costs were £1.459,908 cornpared 10 £1.458,063 in 2D24. The above h8s resulted in 8 net deficit during the year on unreslricled funLls of £305,21612024'. Lleficit of £83.OS31. The balance on th& general fund at 31 August 2025 was £337.11712024.' £642.3331. These funds are held lo support the futur8 d8v8lopm8nt of the charitsbl8 activiti88. Th8 balance on restricted fund8 al 31 August 2025 was £1,39412024.. NILI. At the year end, the school had 135 pupils12D24.. 181 pupils). Page 7
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) REPORT OF THE COMMITTEE OF MANAGEMENT IINCORPORATING A DIRECTOR'S REPORTI FOR THE YEAR ENOEO 31 AUGUST 2025 Reserves pollcy The pdlcy set by the Commlttee Is a8 follows.. 3 months running costs, which amounts to approximately £250,000 is to be kept in resetwe for unfor88e&n fral pressures. R8S8N8s should provide funds to help meet the ongoing repair work ne8d8d ID maintain th8 8chool building. As at 31 August 2025 unreslricled fund5 were £337.11712024.. £642.3331 and free reseTves Idefined as nel current assets within unrestricted funds) w8r8 £46,50912024.. £290,130). The Committ*& 8cknowledg&s that th8 curr8nl l&v&l of reserves is below the limit sel by the wlicy and have sel in place strategicfin8nGial measures to address the situation and bring the school's reserves positson back in line wilh the policy. Th& Committee has sel budgets for th& nÈxi 2 financial Yea to worfÉ tOW8rds achieving this policy. GOING CONCERN. FUTURE DEVELOPMENTSAND EVENTS SINCE THE END OF THE YEAR The curr8nt economic climate is a difficult one for all concerned as both bu8ine88 and family budgets ar8 SqU8ezed with the cost of liwng rising. This continues to be challenging with the nation81 insurance increases. the remov81 of business ratè lie1 and Implementation of VAT on Independent School fees. This is why il Is more important than everto ensure Ih8t the school is always looking to the future and th8t comprehensive finsncial plans and forecasts sre in place. The sch1 h85 msde a number of redundancies this year to reslruclure the School lo meet the needs of the current pupll populatlon, whlch h28 slgnificanyy reduced In the last year slnce the introduction of VAT for private school fees. This restructure has ensured the continued financial viability of the school for the next academic year whilst maintaining th8 high standards of acad&mlc and 8xtracurrkular provlsion thIn th& school Below are some exam e$ of tho s¢hools ¢urrenl plans to exp8nd pupil numbers". The school has upgraded its website and invested in bulldlng Its Sotlal medla proflle to enhante Its online presence as the first port of call for prospective families. The aiyn is to deliver consistent and clear messages that a target to the right demographic a¢ross all media platforms. There have been tWiGe lerrnly Open tnornings that showGase the school's facilities and pupils. aGhievements 10 enUrage interest in the school. We are looking at ways to involve existing and prevK)us parents 8nd alurnni, r8aching out through Linkedln, èmail and other social mÈdia platforms along with attending nÈtworking groups. We have been working closely with the school PTA lo raise the profile of the school. The school maintains a full and properflnantlal projectlon that is revievled Each month by the Finance Committee. The current projection shows th8t the school has sufficient working capital to maintain finanaal viability for at le8st one year ahead from the dale of approval of these accounts. Page 8
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) REPORT OF THE COMMITTEE OF MANAGEMENT IINCORPORATING A DIRECTOR'S REPORTI FOR THE YEAR ENOEO 31 AUGUST 2025 ststement tsf trustees. rÈ$ptsnslbllltles Thè Trusl&es (who are also dlrectors of Nolrè Dame Preparatory School for th& purposes of company lawl arè responsible for preparing the Trustees, report and the fin8ncial slaternents ill 8ccordance with 8pplKable law and United Kingdom Accounting Standard8 IUnit•d Kingdom G&n8rallyAcc&pt8d Accounting Practice). Company law qui$ the d1ClorS to prepa financial 8latÈmènts for each finanoal year. Undèrthat law the director8 have elected lo prepare the financi81 slalemenls in accordance with United Kingdom Generally Accepted Accounting Practicè (United Kingdom AcLounting Standards and applicable lawl. Under company law the diroclors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affsirs of the Gharilable company and of the ineotning resources and application of resources, Including the Income and expenditure, of the charitable company for that period. In preparing these financial statements, the director5 are required lo select suitsble a¢¢ountiro poli¢ies and then apply them ¢onsistently." observe the methods and principles In the Charities SORP 2019 IFRS 1021", make judgtnenls and accounting eslimales that are reasonable and prudent., state whether appli¢able UK A¢¢ounting Standards have been followed. subject to any material éepariures disclosed snd explained in the financial st81ernenls'. prepare the financial statements on the going concèrn basis unless it Is Inappropriate tr> prÈ8ume that the chsritsblecompanywill continue in operation. The trustees are responsible for keeping adequate acGounting records th3t disclose wth reasonable accuracy at any lime the financial position of the charitable company and enable them lo ensure that the financial slalemenls comply with the Companies Act 2006. They are a150 responsible for safeguarding the assets of the charitable cornpany and hèncè for taking r8a8onabl& sl8ps for tht prevention and detection of fraud and other irregulariti&8. Th8 trust88s are r88wnsible for the maintenance and integrity of th8 corpor8te and financial information indud8d on thè charitable Company's website. Legislation in the United Kingdom governing the preparatk)n and dissemination of financial statements may diff8r from legislatk)n In other jurisdictions. ststement of dlsclo8iJre to audltors Each ofthe per80n3 who are Tru81ees at the lime when Ihis Trustees, report IS 8pproved has confinned Ih81'. So far as that Trustee is aware, there is no relevant audit information of which the charitsble cornpany's zuditors are unzware. and that Trustee has taken all the steps that Dught lo have been taken as a Trustee In order to awarè of any information needed by the charitable cOmpanS auditors in connection with preparing their report and to establish that th8 charitable companls suditors are awar8 of that information. In preparing this report, the Trustees have taken advantage of the small tompanles exemptions Prtsded by section 415A of the Companies Act 2006. AUDITORS A resoluti proposing that MA Partners Audit LLP be reappointed as auditors of the school will be put lo the rnembers al th8 Annual General Meeting. Bv order of the Board K Long Dio¢ior l Trustee Dale.. 4 March 2026 Page 9
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF NOTRE DAME PREPARATORY SCHOOL INORWICH) LIMITED Opinion We have audited the financial stslemenls of Nolre Dame Preparatory School {NonMichl Limited (the 'ch8ritVl for the year ended 31 August 2025 which comprise the statement of fi'n8nci81 activities, the balance sheet, the stslemenl of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. {United Kingdom Generally Accepted Accounting Practice). In our opinion the financial stalemenls.. give a true and fair view of the state of the charitable companls affairs as al 31 August 2025 8nd of its incoming resources and application of resources. including ils income and expenditure for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion W8 conduclgd our audit in accordance with International Standards on Auditing (UK) IISAS IUKII and applicab18 law. Our responsibilities under those standards arg further described in the Auditors, responsibilities for the audit of th8 financial statements section of our report. We are independent of the charitable company in acwrdanc9 with the ethical requirements that arg relevant to our audit of thg financial statements in the United Kingdom, including Ihg Financial Reporting Council's Ethical Stsndard, and wg have fvlfilled our other ethical r9sponsibili1188 in accordance with these requirements. We believe that the audit evidence we have obtained is suffici8nl and appropriate lo provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements. we have concluded that the Trust8es' vsg of thg going wnc8m basis of acwunting in the preparation of the financial stslements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubt on the charitable Companls ability to continue as a going conc8rn for a period of at least twglv9 months from when th9 financial statements ar9 aulhorised for issue. Our responsibilities and th8 responsibilities of thg Trustees with respect lo going concern ar8 d8s¢ribgd in th9 relevant sections of this report. Page 10
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF NOTRE DAME PREPARATORY SCHOOL INORWICH) LIMITED (CONTINUED) Other information The other information comprises the information included in th8 annu81 report other th8n the financi81 statements and our auditors. report thereon. The Trustees are responsible for the other information contained within the annu81 report. Our opinion on the financial s18tgmenls does not cover the other information and, except to the exlenl otherwise 8xpliciUy slated in our report. we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is maleri811y inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required lo determine whether this gives risg lo a material misslalement in the financial stslemenls themselves. If, based on the work we have performed, we conclude that there is a material misstalemenl of this other information, we ar8 required to report that fact. We have nothing lo report in this regard. Oplnlon on other matters prescrlbed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Trustees, Report for the financi81 year for which the financial statements are prepared is consislenl with the financial stalemenls. the Trustees. R8POrt has been prepared in accordance with applicable legal requiremgnts. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and ils environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Report. Vve have nothing to report in respect of the following mallers in relation lo which Companies Act 2006 requires us lo report lo you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us., or the financial stslemenls are not in agreement with the accounting records and returns,. or certain disclosures of Trustees. remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit., or the Trustees were not entitled lo prepare the finanryal statements in a¢cordan¢e with the small wmpanies regime and lake advantage of the small companies, exemptions in preparing the Trustees, Report and from the requirement to ppare a Strategic Report. Page11
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF NOTRE DAME PREPARATORY SCHOOL INORWICH) LIMITED (CONTINUED) Responsibilities of trustees As explained more fully in the Irusle8s' responsibilities statement, the Trustees (who are also the directors of the ch8rilable company for the purposes of company 18wI are responsible for the prep8ralion of the financial stslemenls and for being satisfied that they give a true and fair view, and for such internal control as the Trustees delemiine is necessary lo enable the preparation of financial statements that are free from material misstalemenl, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the ch8ritable company's ability to continue as a going concern, disclosing, as applicable, matters related lo going concem and using the going concem basis of accounting unless the Trustees either intend to liquidate the charitable company or to ce8se operations, or have no realistic allemalive bul to do so. Audltors, responslbllltles for Ihe audlt of the flnanclal statements Our objectives are lo obtsin reasonable assurance about whether the financial statements as a whole are free from material misstalemenl, whelh9r due to fraud or error, and to issue an auditors, report that includes our opinion. Reasonable assurance is a high level of assuranc8, but is not 8 gu8rant8e that an 8udit conducted in accordance wth ISAS IUKI will always detect a material misstatement when il exists. Misstalemenls can arise from fr8ud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financi81 slalements. Irregularities, including fraud, 8re ins18nces of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fr8ud. The extent lo which our procedures are cap8ble of detecting irregularities, including fraud is detailed below.. Explanatlon as to what extent the audlt was consldered capable of detectlng Irregularltles. Includlng fraud The objectives of our audit in respect of fraud, are., lo identify and assess the risks of material misslalement of the financial statements due lo fr8ud,' to obtain sufficient appropriate 8udil evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses lo those assessed risks- and lo respond appropriately lo instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both m8nagemenl and those charged with governance of the charity. Our approach was as follows.. We obtsin9d an understanding of the legal and regulatory requirements applicable lo the charity and considered that the most significant are the Ch8rities Act 2011 and UK financial reporting standards as issued by the Financial Reporting Council. We obtained an understanding of how the charity complies with these requirements by discussions with those charged with governance. We assessed the risk of material misstslemenl of the financi81 s18tements, including the risk of material misstalemenl due to fraud and how il might occur, by holding discussions with those ch8rged with g0veman. We inquired of those charged with governance as to any known instances of non-compliance or suspected non-compliance with laws and regulations. Page 12
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF NOTRE DAME PREPARATORY SCHOOL INORWICH) LIMITED (CONTINUED) Based on this undgrstsnding, we designed specific appropri8te audit procedures to identify instances of non- compliance with laws and regulations. This included making enquiri8s of those charged with governance and obtaining additional corroborative evidence as required. Because of the inherent limitations of an audit, there is a risk that we will not delect all irregul8rilies, including those leading to a material misslatgmenl in the financial stslements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the evants and transactions reflected in the financial stslemenls, as we will be less likely to become aware of instances of non-complianc8. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves inlenlion81 concealment, forgery, collusion, omission or misrepresentslion. A further description of our responsibilities for the 8udit of the financi81 slatem8nls is located on the Financial Reporting Council's website al.. www.frc.or -uklaudilorsres onsibilits'es. This description forms part of our auditors, report. Use of our report This report is made solely lo the ch8ritsble company's members, as a body, in 8ccordance with Chapter 3 of P8rt 16 of the Companies Act 2006. Our audit work h8s been undertaken so that we might stale lo the charitsble company's members those mallers we are required lo stsle to them in an auditors, report and for no other purpose. To the fullest exlenl pemitted by law, we do not accept or assume responsibility to anyone other th8n the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed. Allce Lynch Bsc FCA DChA {Senlor Statutory Audltor) for and on behalf of MA Partners Audlt LLP Chartered Accounlanls & Slatulory Auditors 7 The Close Notwich Norfolk NR14DJ Date.. 12 March 2026 Page 13
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 AUGUST 2025 Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Note Income from- Donations and legacies Charitable activities Investments 8.890 8,890 1,141.737 5.459 3,617 1,364,580 6, 743 1.141.737 5,459 Total incoma 1,147,196 8,890 1,156,086 1,374,940 Expanditura on: Charitable activities 1.459.908 1,459.908 7,458.063 Total expenditur 1,459,908 1,459,908 1,458,063 Net lexpenditurellincome Transfers between funds {312.712) 7,496 8.890 {7,496) {303.822) (83. 123) 14 Net movement in funds {305.216) 1.394 1303.822) (83, 123) Reconciliation of funds: Total funds brought fotward Net movement in funds 642.333 1305,216) 642.333 1303,822) 725.456 (83, 123) 1,394 Total funds carrled fornyard 337,117 1,394 338,511 642,333 The Statement of Financial Activities indudes all gains and losses recognised in the year. The notes on pages 17 to 33 fom) part of these financial statements. Page 14
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) REGISTERED NUMBER: 01162325 BALANCE SHEET AS AT 31 AUGUST 2025 2025 2024 Note Fixed assets Tangible assets 290,608 352,203 290.608 352,203 Current assets Debtors 12 315,224 286,067 28,010 548,999 Cash at bank and in hand 601,291 577,009 Current liabilities Creditors: amounts falling due within one year 13 1553,3881 (286,879) Net current assets 47,903 290. 130 Total net assets 338,511 642,333 Charlty funds Restricted funds Unreslricled funds 14 1,394 337.117 14 642,333 Total funds 338.511 642,333 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial slalemenls. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by.. K Long (Trusteel Date.. 4 March 2026 The notes on pages 17 to 33 fom) part of these financial statements. Page 15
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 2025 2024 Cash flows from operating activities Net cash us8d in operating activities 1259,4881 38,970 Cash flows from investing activities Dividends, interests and rents from investments Purchase of tangible fixed assets 5,459 18,9031 6, 743 (8,610) Net cash used in investing activities 13,4441 {1.867) Change in cash and cash equivalents in the year Cash and cash equivalents al the beginning of the year 1262,9321 548,999 37,103 511,896 Cash and cash equivalents atthe end ol the year 286,067 548,999 The notes on pages 17 to 33 form part of these financial statements Page 16
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 General Informatlon Notre Dame Preparatory School (Norwichl Limited is a private company limited by guarantee and incorporated in England and Wales, registration number 01162325. The registered office is 147 Dereham Road, Norwich, NR2 3TA. The members oflhe company are the Committee of Management named on page 1. Accountlng pollcles 2.1 Basis of preparation of financial statements The financial stslemenls have been prepared in accordance with the Charities SORP IFRS 1021 Accounling and Reporting by Charities.. Stslemenl of Recommended Practice applicable to charities preparing their accounts in awordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021, the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 1021 and the Companies Act 2006. 2.2 Going concem The financial slalemenls have been prepared on a going concern basis. The school acknowledges the challenges of the ¢urrenl economi¢ climate and notes the impact of the implementation of VAT on independent school fees, the national insurance increases and the removal of business rate reliefs. The strategic plan for 2025-27 is focused on expanding the pupil numbers and cost saving initiatives lo streamline the adminislralive costs of the school whilst maintaining the academic provision. The strategic plan includes.. Targeted marketing - lo enhance the online presence that is aimed at the right demographic and that all communications, adverts, and the website are consislenl in approach, Expanding the Open Morning offerings beyond the working week option lo include regular weekend showcases which have proven popular in the past, Review of operational costs to identify savings in administration and lo ensure operational costs are the right size lo match the current and projected school numbers. The school's financial projections demonslrale that there is sufficient working capital in place for the next academic year. On this basis. the school has concluded that there are no material uncertainties that could cast significant doubt over its ability lo continue as a going conrn over the period to August 2027. Page 17
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng pollcles Icontlnued) 2.3 Income All income is recognised once the Charity has enlillemenl lo the income, it is prob8ble that the income will be received and the 8mounl of income receivable can be measured reliably. Grants are included in the slat8ment of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relev8nl funds on the balance sheet. Where income is received in advance of 9ntillemenl of rgceipt, its recognition is deferred and included in creditors as deferred income. Where entillemenl occurs before income is received, the income is accrued. Income tax recoverable in relation lo investment income is recognised al the lime the investment income is receivable. 2.4 Expenditure Expenditure is recognised once th8re is a leg81 or constructive obligation lo Ir8nsfer economic benefit lo a third party, il is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charitys objectives, as well as any associated support costs. All expenditure is inclusive of irrecovgrable VAT. 2.5 Interest recelvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity,. this is nomially upon notification of the interest paid or payable by the institution with whom the funds are deposited. Page 18
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng pollcles Icontlnued) 2.6 Tanglble flxed assets and depreclallon Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, 18ngible fixed assets are measured at cost less accumulated depreciation 8nd 8ny accumu181ed imp3irmenl losses. All costs incurred lo bring a tangible fixed 8sset into ils intended working condition should be included in the measurement of cost. Depreciation is charged so as lo allocate the cost of tangible fixed assets less their residual value over their eslimaled useful lives. Depreciation is provided on the following b8ses= Property improvements Car park Property improvements P18yground Property improvements Other Motor vehicles Equipment Land Over the remainder of 10 year lease 18mi 15Q/o reducing balance 10Q/o Str8ighl line 25Q/o reducing ba18nce 15Q/o reducing ba18nce not éepreci8ted 2.7 Debtors Trade ané other dgbtors 8re recnISed 8t the selllem8nl amount 8fter any trade discount offered. Prepayments are valued al the amount prepaid nel of any trade discounts due. 2.8 Cash al bank and In hand Cash al bank and in hand includes sh and short-term highly liquid inveslmgnts with a short malurily of three months or less from the datg of acquisition or opening of the deposit or similar account. 2.9 Llabllltles and provlslons Liabilities are recognised when there is an obligation al the balance sheet d81e as a result of a past ev8nt, il is probable that a transfer of economic benefit will be required in settlement, and the amount of the setuement can be eslim8ted reliably. Liabilities are recognised at the amount that the Charity anticipates il will pay lo settle the debt or the amount il has received as advanced payments for the goods or services it musl provide. Provisions 8re measured al the best estimate of the 8mounts required to setue the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tsx discount rale that reflects the risks specific lo the liability. The unwinding of the discount is recognised in the slalemenl of financi81 activities as a finance cost. Page 19
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng pollcles Icontlnued) 2.10 Flnanclal Instruments The Charity only has financial 8ssels and financi81 liabilities of a kind that qualify as basic financial instruments. B8sic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank 108ns which are subsequently measured al amortised cost using the effective interest method. 2.11 Penslons The schcx)l operates a defined contribution pian for non-leaching staff. A defined contribution plan is a pension plan under which the trust pays fixed contributions into a separate entity. Once the contributions have been paid the school has no further payment obligations. The contributions are r9cognised 8s an expense in the Ststemenl of Financi81 Activity when they f811 due. Amounts not Paid are shown in accruals as a liability in Ihe Balance Sheet. The assets of the plan are held separately from the school in independently administered funds. Retirement benefits lo leaching staff of the school are provided by the Teachers, Pension Scheme I'TPS'I. The TPS is an unfunded scheme and contributions are calculated so as to spread the cost of pensions over employees, working lives with the school in such a way that the pension cost is a substantially level percentage of current and future pensionable payroll. The contributions are determined by the Government Aclu8ry on the basis of quadrennial valuations using a prospective unil credit method. As stsled in note 20, the TPS is 8 multi-employer scheme wilh-no underlying assets to 8ssign between employers. Consequgntly, the TPS is Ire8ted as a defined contribution scheme for accounts'ng purposes and the contributions recognised in the period lo which they relate. 2.12 Fund accountlng General funds are unrestricted funds which are available for use al the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Reslricled funds are funds which are to be used in 8ccordance with specifi'c restrictions imposed by donors or which have been rais9d by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of e8ch reslricled fund is sel out in the notes lo the financial stalemenls. Investment income, gains and losses are allocated to the appropriate fund. Page 20
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Income from donatlons and legacles Restricted funds 2025 Total funds 2025 Total funds 2024 Donations 8,890 8,890 3,617 Total 2024 3,617 3,617 Income from eharltable actlvltles Unrestrlcted funds 2025 Total funds 2025 Tot81 funds 2024 Tuition fees 1,046.685 81,389 13.663 1,046,685 81,389 13,663 1,257,859 82,917 23.804 Grants from Local Authority Other income Total 2025 1,141.737 1,141,737 1,364,580 Total 2024 1,364,580 1,364,580 Investment income Unrestricted funds 2025 Total funds 2025 Total funds 2024 Bank interest 5,459 5,459 6, 743 Total 2024 6, 743 6, 743 Page 21
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Analysls of expendlture on charltable actlvltles Summary by fund type Unrestricted funds 2025 Restricted funds 2025 Tot81 2025 Total 2024 Operation of the school 1,459,9)8 1.459,908 t.458,063 Total 2024 1,458,023 40 1,458,063 Analysis of expenditure by activitios Activities undertaken directly 2025 Support costs 2025 Total funds 2025 Total funds 2024 Operation of the school 937,617 522,291 1,459,908 1,458,063 Total 2024 1,019,936 438,127 1,458,063 Analysls of dlrect costs Total funds 2025 Total funds 2024 Staff costs 870,417 35,469 13,677 10,865 7,189 910,310 53,623 16,319 9.540 30,144 Catering costs Educational supplies Trips expenditure Other costs 937,617 7,019,936 Page 22
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Analysls of expendlture by actlvltles Icontlnuedl Analysls of support costs Total funds 2025 Total funds 2024 Staff costs Rent & rates Repairs & renewals Light and heal Legal & professional fees Subscriptions Insurance Govemance costs Advertising 88d debt write off 198,128 48,863 39,489 31,952 31,295 18,537 21,479 17,245 11,400 2,394 8,510 7,727 1,448 984 118,230 38,407 45,856 31,697 6,324 30,326 24,998 14,900 7,230 (614) 10,223 t3, 719 38 IT Equipm9nl maint8nanc8/support Cleaning Travelling Telephone Bank charges Other costs Depreci8tion IProfilyLoss on disposal VAT adjustments 2,836 591 20,986 72,380 216 18,822 68,763 1,735 16,6961 522,291 438,127 Auditors. remuneration The auditors, remuneration amounts to an auditor fee of £8,825 (2024 £10,080). and other seNices of £5,98012024- £3,022). Page 23
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Staff costs 2025 2024 Vvages and salaries Social security costs Contribution to defined contribution pension schemes 904,606 78,830 85,109 843,375 64,608 120,557 1,068,545 1.028,540 During the year the school made a non-contractual severance payment of £1,811 12024= £4,208). The average number of persons employed by the Charity during the year was as follows.. 2025 No. 2024 No. Employees 34 38 The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 No. 2024 No. In the band £60,001 - £70,000 In the band £90.001- £100,000 The key management personnel of the Charity comprises a He8d teacher who left the school during the year, two interim Head teachers who were appointed following the departure of the original Head teacher and the Bursar in post during the year. The lolal employee benefits of the key management personnel of the Charity were £271,69812024.. £307,407). 10. Trustees. remuneratlon and expenses During the year, no Trustges received any remuneration or other benefits (2024 - £NILJ. During the year ended 31 August 2025, no Trustee expenses have been incurred (2024 - £NIL). Page 24
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 11. Tanglble fixed assets Property improvements Motor vehicles Equipment Land Total Cost or valuation Al 1 September 2024 Additions Disposals 659,247 38,394 206,214 8,903 {5.382} 29,000 932,855 8,903 {5.382) At 31 August 2025 659,247 38,394 209,735 29,000 936,376 Depreciation Al 1 September 2024 Charge for Ihg year On disposals 416,296 54,681 35,513 720 128,843 13,362 {3.647} 580,652 68,763 {3.647) At 31 August 2025 470,977 36,233 138,558 645,768 Net book value Al 31 August 2025 188,270 2,161 71.177 29,000 290.608 At 31 August 2024 242,951 2,881 77,371 29,000 352,203 12. Debtors 2025 2024 Due wlthln one year Trade debtors 288,615 26,609 15,039 12,gTI PpaymentS and accrued income 315,224 28.010 Page 25
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 13. Credltor6'. Amounts falllng due wlthln one year 2025 2024 Deposits Trade creditors Other taxation and social security Other creditors Accruals and def8rred income 47,575 29,565 106,838 9,192 360,218 58,221 16,935 15,157 2,252 194,314 553,388 286,879 2025 2024 Fees in advance brought foward Fees in advance deferred during the year Fees in advance released frorn previous periods 177,490 136, 715 335,731 177.490 1177,4901 (136, T15) 335,731 17T,490 Page 26
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 14. Statement of funds Statement of funds - current year Balance at 1 September 2024 Balance at 31 August 2025 Transfers inlout Income Expenditure Unrestricted funds General funds 642.333 1.147,196 11,459.908) 7,496 337.117 Restrlcted funds Classroom technology 8,890 17.4961 1.394 Total of funds 642.333 1.156,086 11,459,908) 338.511 A transfer out of restricted funds into unreslricled funds has been made during the year in respect of fixed assets purchased with restricted funding for which the ongoing use of the assets within the school is not restricted. In the prior year, transfers out of restricted funds into unreslricled funds were made in respect of fixed assets purchased wth restricted funding for which the ongoing use of the assets within the school was not restricted. Page 27
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 14. Statement of funds Icontlnued) Statement of funds - prlor year Balance al I Sgpl&mber 2023 Balance al 31 August 2024 TTrnsf8rs in/out Income Exp6nditur8 Unrestricted funds General funds 725,416 1,371,323 (1,458,023) 3,617 642,333 Restricted funds Playground Lego 40 (40) 3,617 (3,67 7) 40 3,617 (40) (3,617) Total of funds 725,456 1,314, 940 (1,458,063) 642,333 Page 28
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 15. Summary of funds Summary of funds- current year Balance at 1 September 2024 Balance at 31 August 2025 Transfers inlout Income Expenditure General fund8 Restrided funds 642,333 1,147,196 8,890 11,459,908} 7,496 17,4961 337,117 1.394 642,333 1.156,086 11,459,908) 338,511 Summary of funds- prior ygar Balance al I September 2023 Balance al 31 August 2024 Transfers in/out Income Expenditure General funds 725.416 40 1.371,323 (7,458.023) 3,617 (40) 3,677 (3,617) 642.333 Restricted funds T25,456 1.3T4,940 {7,458,063) 642,333 Page 29
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 16. Analysls of net assets between funds Analysls of net assets between funds - current year Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Tangible fixed assets Current assets Creditors due within one year 290,608 599,897 1553,3881 290,608 601,291 1553,388} 1,394 Total 337,117 1,394 338.511 Analysis of net assets between funds - prior year Unrestrffcted funds 2024 Total funds 2024 Tangible fixed as5etS Current assets 352,203 577,009 (286,879) 352,203 57T,009 f286,8T9) Creditors due within one year Total 642,333 642,333 17. Reconciliation of net movement in funds to net cash flow from operating activities 2025 2024 Net expenditure for the year (as per Statement of Financial Activiliesl 1303,8221 (83, 123) Adjustments for: Depreciation charges Dividends. interests and rents from investments Loss on the sale of fixed assets 68,763 15,4591 1,735 1287,2141 266,509 72,380 (6, 743) Decreasellincrease) in debtors Incre8se in creditors 8,665 47,791 Net cash provided byllused in) operating activities 1259,4881 38,970 Page 30
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 18. Analysis of cash and cash equivalents 2025 2024 Cagh in hand 286,067 548,999 Total cash and cash equivalents 286,067 548,999 19. Analysis of changes in net debt At1 September At31 2024 Cash flows August 2025 Cash at bank and in hand 548.999 1262.9321 286.067 548,999 1262,9321 286,067 Page 31
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 20. Penslon commltments There are pension schemes in place at the year end. For non-teaching st8ff. the school operates 8 defined contributions pension scheme. The assets of the scheme are held s8parately from those of the school in an independently administered fund. The pension cost charge represents contributions payable by the school lo the fund and amounted to £22,266 12024- £20,954). Contributions lolalling £Nil 12024.. £Nill were payable lo the fund al the balance sheet date and are included in creditors. The charills academic and related stsff belong to the Teachers. Pension Scheme England and Wales. This is 8 mulli-employer defined benefit scheme. The lalesl actuari81 valuation of the TPS related to the period ended 31 August 2019. There were no outstanding or prepaid contributions at either the beginning or the end of the financial year. Teachers. Penslon Scheme The Teachers. Pension Scheme ITPS or scheme) is a sl8tulory, unfunded, defined benefit occupational scheme. govemed by the Teachers, Pensions Regulations 2010 {as amended}, 8nd the Teachers, Pension Scheme Regulations 2014 las amended). These regu18tions apply lo teachers in schools and other educational esl8blishmenls, including academies, in England and W81es that are maintained by local authorities. In addition, teachers in many independent and volunlary-8ided schcx)Is 8nd teachers and lecturers in some estsblishments of further and higher education may be eligible for membership. Membership is automatic for full-lime teachers and lecturers and, from 1 January 2007, automatic loo for teachers and lecturers in part-time employment following appointsnenl or 8 change of contract. Teachers and lecturers are able to opt out of the TPS. The Teachers. Penslon Budgetlng and Voluatlon Account Although members may be employed by various bodies, their retirement and other pension benefits are sel out in regulations made under the Superannuation Act119721 and Public Service Pensions Acl120131 and 8re p8id by public funds provided by Parliament. The TPS is an unfunded scheme and members contribute on a 'pay as you go 'basis contributions from members, along with those made by employers, are credited lo the Exchequer under arrangem9nts governed by the above Acts. The Teachers. Pensions Regu18tions 2010 require an annual 8ccounl, the Teachers. Pension Budgeting and Valuation Account, to be kept of receipts 8nd expenditure (including the cost of pension incre8sesl. From 1 April 2001, the Account has been credited with a real rate of return, which is equivalent to assuming that the balance in the Account is invested in notional investments that produce that re81 rale of return. Page 32
NOTRE DAME PREPARATORY SCHOOL INORWICHI LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 20. Penslon commltments Icontlnued) Valuatlon of the Teachers, Penslon Scheme Employer contributions were increased in April 2024 from a rate of 23.6Vo to 28.6Yo. Employers also pay a charge equivalent lo 0.089/0 of pensionable salary costs lo cover administration expenses. The 1818sI actuarial TPS valuation results, as at 31 March 202D, were released in October 2023. The revised employer contribution rate, arising from this valuation was implemented from 1 April 2024. A copy of the valuation report and supporting documentation is on the Teachers. Pensions website Ihllps'.Iliwww.teach8rspensions.co.uklnewslemployers1202311 Olvaluation-resultsl.aspxl. Under the definitions set out in FRS 102, the TPS is an unfunded multi-employer pension scheme. The charitable company has accounted for its contributions lo the scheme as if it were a defined contribution scheme. The ch8ritsblg company has set out above the infomialion available on the scheme. 21. Operatlng lease commltments Al 31 August 2025 the Ch8rily had commitments to make future minimum lease payments under non- cancellable operating leases as follows.. 2025 2024 Not later than 1 year Lalgr than 1 ygar and not later than 5 years 4,179 7,313 33,000 11,492 33,000 The following lease payments 2nd changes in lease payments have been recognised in the statement of financial aetivilies.. 2025 2024 Operating lease rentals 34,045 36,000 22. Related party transactions The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity al 31 August 2025. Page 33