2025-08-31-accounts

Charlty Reglstratlon No. 269667 Company Registratlon No. 01182629 (England and Walosl THE PETERBOROUGH SCHOOL LIMITED DIRECTORS. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025 Lu>&<o

THE PETERBOROUGH SCHOOL LIMITED CONTEKrs Page Company information Chalr's Slalemenl Directors, report lincorporaling the Strategic report) Independent auditor's report Financial statements of the company 420 21-24 2544

THE PETERBOROUGH SCHOOL LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 31 AUGUST 2025 DIRECTORS AND ADVISORS Mr K P Craig BA {Hons} FCCA CTA (Chairman) Revd canc￿ T Alban Jones MBE Ms L Ayres LLB Mr K Chakraborty MEng Mrs R Church {appoinled 7 July 20251 Mrs S Dixon BA {Honsl Dr R E R Gifford Bsc (Honsl PhD FHEA Mrs K C Hart BA (Honsl Mr G Hynes Dr N Menon MRCS BMBS (Honsl MTS H L Milligan-smilh LLB {Hons} Mr J G Roach Mr P T Simmons (Vice Chairman) Mr S J Dharamraj MBA MA Bsc {Honsl (resigned 7 November 20251 Mrs N Randall MBA Bsc IHons} PGCE FHEA (appointed 6 November 20251 269667 Dlrnctors Company Secretary Charlty No. Company No. Prlnclpal Addro$$ and Rogl$torgd 0ffl¢g 01182629 The Pelgrborough School Limilgd Thorpe Road Pelefborough Cambridgeshire PE3 6AP Key Management Personnel Head Bursar Mr A D Meadows Bsc (Honsl PGCE NPQH Mr S J Dharamraj MBA MA Bsc {Hons} {r8slgn8d 7 Nov8mber 20251 Mrs N Randall MBA 8Sc IHonsl PGCE FHEA (appointed 27 October 2025} Moore Kingston Smith LLP 6th Floor 9 Appold Slreel London EC2A 2AP Auditor Barclays Bank plc Leicester LE87 2BB Bank8rs Hunt & Coombs Solicitors 35 Thorpe Road Peterborough PE3 6AG SollcStors Ravenscroft Group The Singing Men's Chambers 19 Minster Precincts Invg$tmgnt Advlsers

THE PETERBOROUGH SCHOOL LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 31 AUGUST 2025 Peterborough PE1 1XX Insuran¢• Brok•rs Marsh 1 Tower Place Wesl Tower Place London EC3R 5BU

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (incorporatlng the Strateglc Report) YEAR ENDED 31 AUGUST 2025 CHAIRMAN'S REPORT l am pleased lo report that the School continues to be very successful, despite the challenging enmronmenl in which we now find our88lv8s. We have conllnued to provld8 a wonderful education for our children and enjoyed numerous suc￿SseS across the entire School and Nursery. both in formal examinations and wider achievements of every description. This year has been shaped by our core values of Fan7ily, Ambition, Character, and Excellence. which continue to guide everything we do. United by a shared belief in unlocking the potential of every child, we have fostered a culture of care. aspiration, and a¢hievemenl. Pupils approached their learning with energy and enthusiasm and, once again, enjoyed a summer of ex¢ell&nt assessments and examination results, and my congratulations go to all pupils on their altainmenl. The results and achievements at the Eaty Years Foundation Stage continue to be impressive, as were the results at GCSE and A Level. Individual successes and achigvemgnts arg happening gvery day, as the staff nurture and gducatg the PLJpils. This success continues lo be rnirrored in the wider achievements in sports. art. drama and music. There is more detsil on the resutts and achievements later in thls report. Whilst the educational outcomes have continued to be excellent, this has been achieved against a backdrop of significant external financial pressures. The year slartgd with wnfirmation that VAT would be applied to school fees from 1 ￿ January 2025 and the Soss of Business Rale Relieffrom 1stApril 2025. The Chancellor's Autumn Stslement added further financial pressures on us, and all businesses, by increasing th¢ Employers, National Insurance Conlribulion, whi18t also lowering the threshold from which il applied. All of these changes placed additional pressure on the School, as I know il has done for all of our parents. Whilst we expe¢ted this announcement, as il had been heavily publicised in the bulld up to the General Election. the speed of implementation was a surprisg to tha sector as a whole. The first thought of the Governors was always lo protecl our parents, and therefore our children, as much as we could from the financial impact of these changes. Our strategy was not to pass on the full VAT amount to parents, lo minimise the effect on them. It was also our intention that any increase that could not be absorbed by the School would be phased in over a number of years. l am very pleased that. with very careful planning, we were able to meet that commitment, by reducing the school fees for the Spring and Summer Terms. thereby cushionlng parents from the full impact of the addIt￿nal 200 VAT. At the heart of our thinking has always been the need lo ensure an outstsndlng èducation and that W8 continue lo provide the vibrant and caring leaming environment for our children. For this reason, we have continued to invest in the School. Having completed the creation of a wonderful Prep School library earlier in thè year, during the summer we completed the refurbishment of two Prep School classrooms. lo include a formal learnin9 spa￿, creative area, role play area and book corner. l am also delighted to report that we have refurbished and expanded the S¢hool's tennis and netball courts, now of the highest standard lo support our ongoing development of sport at the School and provlde our teams with a first-class facility, mirroring their excellent achievements. We aw8118 dg¢ision on our planning application to install lighting, which wi15 8190 expand their use in the winter months. As reflect on the last year I see successes at every level and in every area. The results and achievements al the Earfy Years FoundatK)n Stage continue lo be impressive, as wer& the results at GCSE and A Level. Individual successes and achievements are happening every day, as the staff ure and educate the pupils. This succgss continues lo be mirrored in the wider achievements in rt, drama and music. There is more detail on the results and achievements later in this report. r K Craig Chair of Govemors 5 D@cember 2025

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (incorporating the Strategic Report) YEAR ENDED 31 AUGUST 2025 The Directors presgnl their report and financial statements for the year ended 31 $1 August 2025 and confimi they Comply wth the requirements of the Charities Act 2011, including the Directors, and Strategic Reports, under the Compani8$ Act 2006. REFERENCE AND ADMINISTRA TIVE INFORMA TION The charity was formed In 1975 and is registered wllh the Charty Commission as charlly number 269667. The charity is a limilgd liability company and wholly owned subsldlary of The Woodard Corporation (charity number 10962701. The charitable company is incorporated in the United Klngdom. Directors of the Company are also Fellows {members} of the Woodard Corporation and participate in the election of ils board of management and a￿ committed to its charitable objects. Note 24 provides details of connectgd ¢harilies. STRUCTURE, GOVERNANCE AND MANAGEMENT Gov8rnlng Document The company is governed by Articles of Association as adopted by Special Resolution datgd 20 March 2013. They permit funds lo be managed In such a manner as the directors see fit, provided that such powers are only exercised for the purposes of allaining the objects and in a manner which is legally charilabla. The Articles ol A$S￿latIOn forbid the distribution of any propety or funds, whlch are to be applied solely towards the promotion of the objects of the Company. Goveming Body The governors are the directors and charttable Injstees of the company and comprise the governing body of The Pelerborough School and are elected lo hold office for fNe years. The school is governed by the goveming body which operates using a numbor of committees. Membershlp of each committee is outlined on page 19. The governing body full Council mel 3 limes during the year. Rgcruitment and Tralnlng of Governors Iul gov8mors are Fellows of the Woodard Corporallon. Fellows are responsible for electing the Woodard Corporation Board. Governors are recrulted on the basis of nomlnalions from school contacts and from selection when a post becomgs available. The govemlng body look to gnsure a m￿X of skills and select new govemors on the basis of background, competence, specialist skills and, in the case of Fellows, Chris118n commitment. Governors are provided with induction training by the Head, Bursar and staff and a wider programme of training events 18 organised by the Woodard Cortx)ration. Where possible the governors consider that the skills and experienc8 of the goveming body should compris6 the following.. A Qrf)v8rnor wllh a legal background. A Governor with a financiaVaccoUn￿ng background. A Governor with education experience. A Govemor with senior managerial or business eXpe￿ence. A Governor with eXper￿nc9 of equal opportunities or dlsabllity needs. At least ono fgmale Governor and al least one male Govemor. One Governor May have one or more of these skills. Volunteers Governors a￿ volunteers prowding their lime for free to support the governance of the School. The School also relies on a nurnber of others lo undertake volunteer roles including assisting its fund-raisSng aetivilies, h8lp al school events and provbde support al functions. The School ènjoys the support of an active and enlhusiaslic Parent Teachers Guild.

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (incorporating the Strategic Report} YEAR ENDED 31 AUGUST 2025 Organisational Management The School is governed by thg Governing Body which delegates work lo a number of committees. Membership of each committoe is outlined on page 19. The Governors determine the general policy of the School. Finance & General Purposes Committee- the Finance & General Purposes Commiltee has a remit to consider budgets, both revenue and capital. cash flow inlorrnalion and financial reports, including the financial statements. 11 also considers linancial policies and the financial regulations as well as the School Development Strategy. 11 makes recommendations to the Governing Body for approval. The Committee mel four times during the year for schgduled me8tings. Education Committeè - the Education Committee is responsible for oversight of the academic performance of the School and educ8llonal policy. making recommendations to the Goveming Body. The Committee met three limes during the year. Health & Safety Committ•e- the Health & Safety Committee has a remit to consider hazards to the School. staff. pupils, and visitors and to miligale risks. A named Governor would normally oversee the work of the Commillee. however that responsibility has remained vacant over this reporting period. Thè Buisar makes a termly report to the Council and an annual slalement is made to the Governing Body by the Health and Safety Governor. The Committee met three times during the year. Safoguarding and Wollbeing Committ80 - the Safeguarding and Wellbeing Committee monitors the areas of safeguarding and child protection, safer recruitment. security, health and safety, Special Educational Needs and Disabllity Act, and Personal, Social, Health and Economic IPSHEI Education lo ensure an effective safeguarding reglm8 Is In place. Tho Committee met three tim8s during the y8ar. School Development and Marketlng Commlttge - this Committee oversees marketing a¢tiviti8s and generates marketing initiatives. 118lso co-ordinates funding strategy to underpin the School's development. It reports to the Governing Body on a termly basis. The Committee met three times during the ygar. Early Years ComMlttge- tho Early Years Committee oversg9s pastoral, safeguarding and welfar8 issues in the Nursery and Reception year. The Committee mel three times during the year. Complalnts Appoal Panal - the Appeal Panel is the final process ￿ the School's complaints procedure. It ¢onsisls of Govemors and an independent member. The Panel mel once during this reporting period. Crisis Managamont Committee- the Crisis Management Committee ￿oni10r and rovigw the School crisi5 management plan. The Committee meets as required. there were no meetings in Ihls last year. The day-to-day manayemenl of the School is delegated lo the Headmaster and the Bursar as the Key Management Personnel, overseeing educational, pastoral, and administratwe functions in consullalion with the senior staff. The day-lo-day administration is undertakgn within the policies and pro¢odur8s approved by the Governors which provide for only significant axpgnditure decisions and major c8pitsI projects to ￿ referred to the Governors for prfor approval. The Headmaster oversees the recruilmenl of 811 educational staff, whilst under delegated authority the Bursar oversees the recwitment of administrallve and non-leaching support stsff. The Headmaster, Deputy Head and Bursar are Invlted to attend Govemors, meetings. The Bursar also acts as the Clerk to the Govemors. The remungralion of Key Managemgnt Personnel is sel by the Governing Body, with the policy objectlve of providing appropriate incentives to 8ncourage enhancgd performance and of rewarding them fairfy and responsibly for their individual contributions to the School's success. Th8 appropriat8ness and Televance of the remuneration policy is reviewed annually, Including reference lo comparisons with other independent schools to ensure that the School remains $8ll8lttve lo the broader issues of pay and employment condltlons elsewhere.

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (incorporating the Strategic Reportl YEAR ENDED 31 AUGUST2025 We aim lo recruit, subject lo experience. al the lower lo medium point within a band, providing scope for rewarding excellence. Delivery of the School's charitable vision and purpose is primarily dependent on our Key Management Personnel and staff costs are the largest single element of our charitsble expenditure. Group Structure and Ralatlon$hlps The School has no subsidiary. Nots$ 24 and 25 provide details of connected charities. We have a thriving alumni group, the Westwoodlans, who support Ihg work of the School and whose support we greatly appreciate. We also Co0￿rate with many local charllles in our ongoing endeavours lo widen publi¢ access lo the schooling we can provide, lo oplimise the educational use of our cultural and sporting facilltles and to awaken in our pupils, in the public interest, an awareness of the social context of the all-round education they receive. The School has developed links with a wide range of organisalions to ensure Ihe widest possible access lo our facilities and schooling. The School is a member of the Independent Schools Council IISCI through membership of the Society of Heads ISoH}, the Independent Schools, Bursars Association IISBAI, the Association of Governing Bodies of Independenl SchcK>ls IAGBISI and through networking wlth peer groups we ensure that we are able to allain the highest standards of quality and performance. We encourage our pupils lo develop an awareness of the social conl8xt of the all-round education they receiv8 al the School. and they ar& engaged in a number of activities lo onhance their understanding. We also cooperate with many local charlliès in our ongoing endeavours to widen public access lo tho schooling we can provlde, to Dplimise the educational use of our cultural and sporting facililles and to awaken in our pupils, in the public interest, an awareness of the social context of the all-round education they re￿1Ve. CHARITABLE OBJECTS, AIMS. OBJECTIVES AND ACTIVITIES Charttable Objects The charity's objocts, as sel out In the Articles of Assoclatlon, are to promote and extend education lincluding spiritual, moral, social, cultural and physical 8ducalionl in accordance with the doctrines and Principles of the Church. The Church is defir>ed as being the Church of England and churche5 in full communion with the See of Canterbury. Intended Impa¢t Woodard Schools striv@ for the best all round 8ducation of ev8ry aspect of gach Indlvldual,. they ensure high stsndards of religious education,. and they see themselves as Communllles working together for the benefit of all members, and of the Church and the nation. They are strong Christian foundations which adhere lo catholic belief as found in the Church. lo Christian worship focusgd on the Eucharist. and to the care of each indiv￿ual and the whole school community particularised in the ministry of the Chaplain. ms The Peterborough School is an independent day school for boys and girls from Nursgry lo Sixth Form. Th8 School aims lo unlock the potential of each and every child, underpinned by instilling Famlly values, insplring every pupil to be Ambitious, developing their individual Character and striving for Excellonco in an enrlchSng learning envSronment. The School has three maln objectives.. Pupil Learning. Pupil Wellbeing and Leadership.

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (incorporating th• Strateglc Report) YEAR ENDED 31 AUGUST 2025 Prlmary oblactivas Strateglc Goal 1- Leadershlp Leaders and those with management responslbllltle8'. have good and appropriate skills and knowledge fulfil their responsibilrties effectively and consistently Iso that the requirements of relevant stsndards and statutory guidance are met consistently). ensure that the School's aims and ethos are well krKJwn to pupils and aro seen to work wo11 in praclice. ensure that pupils, wellbeing Is actlvely promoted. ensure effective links with other agenrAes lo promote and benefit the wellbeing of pupils. ensure effective and conslstont implementation of all policies and procedures. ensure that that the school fulflls Its responsibilities under the Equality Act 2010. gnsure that all staff have regard lo applicable guidance, which is understood by staff and pupils. stratogl¢ Goal 2- Lgaming Overall achievement of the pupils is outstanding with an excellent rate of progress maintained throughout the school. Pupi18' basic skills for learning are at a particularfy hlgh lev81 In most or all areas of l&arning. Pupils have a good or better measure of success in extra-curricular activities. Their group and individual achievements are corssiderable for their age. Pupils, attlludes lo learning are decidedly positive, and they are highly produ¢tivg in individual work and in collaboration with othgrs. stratoglc Goal 3- Wellbolng The School wlll ensure a high level of provlsion for the emotional and physical needs of all members of the School community. Pupils will be self-refleclive and have an objective awareness of their strengths and weaknesses. They are self-confidenl and hence show notabl8 resiliencg. Pupils will appreciate strongly non-material aspects of life and show well-developed aesthetic and cultural awaroness. Pupils wlll understand and respect systems of rulgs and laws, and accept Igsponslbility for their own behaviour, including towards others. Pupils will enthusiastically promote undeislanding of their own and other faiths and cultures. Pupils will appreciat8 the ryr¢umslances of Ihoselgss fortunate than themselves and are active in supporting them. Supportlng Goals Marketing - The School's oxcellence and strengths will be well known and the School will be the School of choice in the area. Innovation - The School will be a place of innovatlon and creativty, Working to prepare pupils for careers and businesses of the future.

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (Incorporatlng the Strateglc R8POrt) YEAR ENDED 31 AUGUST 2025 Partnerships - Th& School will estsblish strong links with parents, fomigr pupils. olhef loc81 schools and members of the community while being engaged in national organisations. Princlpal Adlvltlo$ of the Y￿r Th8 principal activity of th6 school is the dellvery of educatSon lo puplls up lo 18 years of age. We also run a numb8r of summar s¢hfy)18clivilies. and the school is open at other times for use by the local community. Pupil numbers at the school during the year were as follows= 202412025 202312024 Senior School Preparatory School Pre•Preparalory Sch(K)I 244 171 52 263 177 52 Total 467 492 202412025 202312024 Boys Girts Boys Girls Senior Sch(x)I Preparatory School Pre-Preparalory School 112 81 31 132 90 21 119 81 30 144 96 22 Total 224 243 230 262 Publ1¢ Bonefit Within the objects, the School aims to create an environment lo nurture children, lo gel the best fror them and to allow them to dovelop and fulfil their potential. We provido them wlth a firsl-class education and a wide range of sportlng and artistic opportunilios. Our public benefit aim is that all pupils will be welleducated, self-confident and desire lo ￿ntribUte to the wider community. In the furtherance of these aims the Governors, as the Charity Trustees, have complied with th8 duly in s.17 of the Charities Act 201110 have dug regard lo the Charity Commission's published general and relgvanl sub-sector guidance concerning the operation of the public benefit requirerrienl under that Act. Our School welcomes pupils from all backgrounds. To admit a prospectiva pupil, we need lo be satisfied that our School wlll be able to educate and develop them lo the best of their potential and in line with the general standards achigved by thelr peers. Entrance inteNi8ws and assessrnents are undertaken to satisfy ourselves and parents that potential pupils can Cope with the pace of learning and benefit from the education we provide. An individual's economic slalus, gender. ethnicity. race, religlon or disabillty do not form part of our assessment processes. Our School is a part of a wider community, and we are kegn that our staff and pupils paiticlpatg. Our School also offers a resource to support a range of gducalional activities for the benefit of local children attending state s¢hools and their teachers. Our Governors are commilled lo developing our programme of cooperation and jolnt working with local malnlained sectorjunior an(J secondary schools. Woodard and ils schools provide a significant benefit to the public. The School strives lo ensure that measures of public benefit are appropriate, and that significant sections of the public are not excluded from the opportunity lo benefit from the education and facilities offered due to the need to pay a fee. In addition lo significant provision of burgaries and other forms of financial support. the School provid8s a wide range of opportunities for community benefit and facilities and events are often open lo all. Further detail of the public benefit offered is included in the section entitled 'Review of Achievements and Performance for tho Y88r' below.

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (Incorporatlng the Strateglc Report) YEAR ENDED 31 AUGUST 2025 11 is a key requirement of evidencing public benefit that any private benefft lo individuals or elements of the charity will be incidental to the charity's objectives. An example of private benefil may be the rgimbursem&nt of travolling expenses for Govemors attending training courses.. any private benefit to Sndivlduals or elements of Woodard are incldental lo delSv8ry of the charltable objectives. Con¢esslons In¢ludlng Bursarles & S¢holarshlps Our school does not have an endowment and in funding our concessions we have lo be mindful that we musl ensure a balance belween fee-paying parents, many of whom make considerable personal sacrifi￿$ to fund their child's education, and those benefiting Irom the awards. Further detaiSs of our concessions policies and how to apply are available on our websit& at www.the terborou hschLyJI.co.uk. All criteria and policies r8lating to concessions are kept under review and are updated when necessary. 8ursarlg$ The Governors view our bursary awards as Important In helplng lo ensure chlldren from famllles who would otherwise not be able lo afford the fees can access the education we offer. Our bursary awards are available to all who meet our general enty requirements and are made solely on the basis of parental means or to relieve hardship where a pupil's education and future prospects would olhewise be at risk for example in the case of redundancy. In assessing means we use the methodology promulgated by the Indepgndent Schools, Bursars AssocAalion IISBAI. which tskes a number of factors into consideration including family in￿me, investments and savings and family circumstances for exampla dependant relatives and the number of siblings. Our School does not havg an èndowmènt and In funding our awards wo have lo be mindful that we musl ensure a balance between fee-paying parents, many of ￿0M make considerable personal sacrifices to fund their child's educallon. and thos8 benefiting from the awards. The bursary awards range from 15% 10 100°A remission of fees. We also have a hardshlp fund that supplements bursary awards to pay for co-curricular activities, equipment and sGhool trips. Information about fee assistance through bursaries is provided to all applylng to the School. Furth8r d8tails of our bursary policy and how lo apply a￿ available on our website. This year the value of means tested bursarfes tolalled £617,484 12024.. £714,114) and represented 7.3°kn {2024'. 8.2%) of our gross school fees. They provided assistance to $9 {2024.' S9} of our puplls of which 11 pupils12024.' 111 benefited from a full remlssion of fees. S¢holarshlps The purpose of our scholarship awards is to recognise high academic potential or the ablllly to exc81 Sn our COThcurricular aclivlties. Our scholarships are awaided on the basis of the individual's acad8mlc potential or evidence of exceptional abilities whlch wlll conlrSbut8 to our GO-curriGular ad'vilies. In addition. awards may be subject lo condiligns imposed by the original donor. Scholarships are awarded with a fixed ramission of fees of between 10Yo and 50'A. Where further assistance is required, schdarship awards may be supplemented by 8 m88ns Igsled bursary. Further detalls of our scholarship policy are available on our website. The School awarded scholarships lo 44 pupils 12024.. 441, based on their educational meril and potential, lolalling £129,07612024'. £153,924} and representing 1.59A 12D24.' 1.8%) of our gross fees. Of this number, 9 12024.. 7} also qualified for means-tesled bursary support and are included in the gures relating to bursary awards. Thls includes support lo Ukralnian families caught up in the conflict. To celebrate the 1251h Anniversary of the School and in recognition of the wid8r public benefit. the Governors created the 125 Scholarship. This Is a means-tested Iransformallonal award that allows pupils lo join thg School for the Sixth Form, who otherwise would not bo ablg to attend. Whilst undoubtedly benefltSng th& rgcipients, il also ben&flts the School by broadening the exporien¢os and views of the pupil base. The progress of puplls receiving scholarships Is reviewed at least annually lo ensure thelr progress is in line with their abilitl8s. No scholarships were withdrawn in the year as a result of rewews.

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT {incorporntlng the Strateglc Report) YEAR ENDED 31 AUGUST 2025 Employment Policy We are an equal opportunity organisation and are committed to a workSng envlronmenl that is free from any form of discrimination on the grounds of ￿lour, race, ethnicity, religion, sex, sexual orientation or disability. We will make reasonable adjustments lo meet the needs of staff or pupils who are or become disabled. Engagement with Suppliers, Cu$tom¢r¥ and Othern in a Business Relationshlp wlth Example College The Peterborough School seeks to engage actively and positively wlth all stakeholders in the local community and in the wider educational landscape. Collaborative relationships wilh suppliers, parents, educational partners and community leaders are seen as key enablers lo achieving success in all of the School's operations. During the year the School has further promoted this engagement though specrfic iniliatDres including.. Regular communication and engagament with parents and prospectsve parents of pupils attanding The Pelerborough School to enhan￿ the undeTslanding ofthe provision lo each pupil and lo fully coordinate support to pupils from parents and schools. Engagemgnl with other educational organisations and partners at local and national levels lo share best practlce and to provide peer support. Active dialogues with the lo¢al council on matters which impa¢t children and families in the cornmunity as well as relate lo operation of each school. MgetSngs and engagement with the local MPS. Engaging with local businesses to promote career and educational opportunf(ies for pupils for their mutual benefit. Thls Included hostlng an Opportunity Pelerborough, meeting for over 70 local businoss people. Seeklng all possible opportunitlgs to engage wlth local and national suppliers in the area. Seeking regular communicatlon wlth all suppliers and fynsuring good comrnercial practices of prompt payment and clear cornmunication lo optlml8e arrangements for supply of goods and services to Tho Pelerborough School. Promoting and encouraging PLtpil and stsff opportunities to engage In l¢xal voluntary and other projects lo support the community. Providing community access lo The Pelerborough School and, in many cases. adopting a role that puls the school or academy 81 the heart of a community. STRA TEGIC REPOR TS Responding to Ext8mal Pressur88 The independent schools. sector, Includlng Woodard independent schools. stood up well to the problems created by the 'cr)sl of living crisis, bul independent schools remained concerned, and many were planning for pressure on pupil numbars, particulady once the new Labour Government confirmed the Introduction of VAT on school fees from 1s1 January 2025. The increases in the cost of living Impa¢ted all areas of cost for independent schools, particularly in staff Costs. The morg recent return lo long lemi rates of Inflation has lessened this Impact, bul schools have all faced an issue in recovering their costs through fee rises. This will continue with the introduction ofVAT. School Performance and A¢hlovements Th• Promotlon of Educatlon During the yèar we 8du¢ated an averagè of 415 children be￿een the ages of 4 and 18 and provided nursery educalion lo a further 52 IFTEI children. The School provides a very high standard ofeducalion, and thls is validated in review of the academic results, our measurements of added value ar￿ through xlernal inspection. The School offers a broad curriculum and educates children wlh a wide range of ability. 10

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT {Incorporatlng the Strateglc Report) YEAR ENDED 31 AUGUST 2025 We are delighted to say that the school continues to go from strength to strength. We have, once again, enjoyed a year of excellent assgssmenls and examination results. and congratulations go lo all pupils on their attainment. Academlc Results Early Years Foundation Stage Congratulations lo our Roceplion children on completing their first year of School so well, with their outcomes being the strongest our school has seen for over 3 years. 79 /0 of children achieved the Early Learnlng Goal IELGI in all 17 areas of learning. which is significanuy higher than both local and nalSonal levels. 10010 of children reached the ELG in 9 areas of learning and 79Q/o of chlldren achieved the Good Lèvel of Development Iwhich is defined as reaching the expected level in Ihg prime areas of leaming along with Malhemalics and Lileracyl. Key Stage 1 and 2 Well done to our children Sn Year 2, achleved greal resuts In Ihelr end of stage 8sses$menls. Every child madg a good 5gvel of progress from Ihoir starting point. The strongest areas were in Mathematics and in English reading. In addition, the children in Year 1 did exceptionally well in their Phonics Screening Check, with a pass rale of 94'A. Koy Stago 2 Well done to our ¢hildron in Year 2, who performed very well in their end of Key Stage 1 assessments and have laid very strong foundations for future achievement in our Prep School. Year 6 completed assessment papers in Mathematics and English, including Reading, Writing and Grammar. Performance in Reading continues to be our strongest subject area. 53Q/o of our pupils reached the greater depth standard compared lo nationally lo 33Q/o. We were pleased with an increase of 20Yo in the number of children achieving the expected level in Writing following our focus on developing Oracy skills. Overall, 72% of pupils achieved the expected level of attainment in all three subjects compared lo 62% nationally. Sonlor School The educational perforniance of the Senlor School was excellent, as demonstrated by the external examination results. GCSE At GCSE over 8 Ihlrd of 811 grades were at the hlghesl level of Grades 9 10 7 lequlvalents to A" and Al, 340A compared lo a national average of 229/0. Stud8nls achieved the highest pass rale since the number grading system was introduc8d in 2017, 950k compared to the national average of 670/0. A Levol Our A Level results were excellent, which saw almost, 1 in 4 students gaining an A, or A grade in thr88 OT more subjects and 1 in 5 galnlng a clean sweep of A. or A grades. All exams were passèd, except just one, giving an overall pass rale of 99%. 910A gained places on their c￿)Sen COUTses, ranging from Medicine and Law to Psychology and Maths, reflecting the many strengths of our Upper Sixth cohort. Equality, Dlverslty and Inclusivity As a Woodard school, we welcome those of all faiths and none, to be part of our diverse community- Inclusivity and diversity are important values al School and in October, students led an excellent Equality. Diversity and Inclusion Chapel servi￿ and assembly to mark Black History month. In the Summer lem, students attended an infomialive and thoughl-provoking assembly celebrating Prfde month.

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (incorporating the Strateglc Report) YEAR ENDED 31 AUGUST2025 Improving Facilities We continue lo improve facllilles through the constant investment in the fabric of the buildings and assets, and ambitious programmes lo provide the best facilities lo support leaching and leaming. The Peterborough School continued refurbishment of the Nursery and Prep School. The Nursery had new toilets in8tslled, whilst the P￿p School has had a new library Created and a further classrooms completely refurbished. The Senior School has ben6filed from the creation of a state of the art playing surface for tennis and netball. We also continued the rollaout of IT, through our digital strategy, across the School. Arts, Muslc and Drama A highly valuable offering of any Woodard School is the concenlralion on arts, music, and drama. The Pelerborough School is involved in all aspects of these actlvltles. providing the education necessary to pass graded exams set by national Inslikntion8. Pupil numbers for instrumentsl 8nd singing lessons in the school remain strong with about 100 pupils receiving tuition. Ther8 is a particular strength in violin, guitar and piano pupil numbers. We are continuing to grow our woodwind and brass portfolio8. We offer a range of extra-curricular groups whlch enable the pupils tr) experience a wide variety of music making from Classical lo Rock and Jazz. The Chapel Choir has conlSnued to grow in number and strength, and sings regularly for weekly chapel seNices and for special schcx)l events as well as further afield in Pelerborough and Norwich Cathedrals. In September the Choir sang al the Diocesan Schools Service. joining with other choirs from diocesan schools. The Preparatory Choir sang al events throughout the year. braving the cold in December lo entertain commuters at Peterborough Railway Station and they sang their hgarts out to the residents at several care homes. To showcase individual musical talent, we offer perfomiance opportunities al lunchtime concerts, weekly assernblies. lermly concerts., an annual school music festival., and pupils are also encouraged lo enter local and national compelillons. TPS students have once agaln been enjoying success al the Oundle Festival of Music and Drama, with a number of ènsemble and solo performances. Westwix)d Ensemble who won the trophy in the 18 and Under Ensemble class. A Year 6 pupil won the 15 and Under Strings, and a Year 11 pypil won the 18 and Under Strings, also qualifying for the Oundle Young Musiclan of the Year Competition. Special congratulations lo several sludenis on gaining their Grade 8 in the past year, one al the age of 10 years old. Buildino on their Grade 8 in the previous year, one Year 10 pupil also gained their Diploma a professional qualification for advanced performers or teachers. Years 710 11 showed their lalenl for art, design and food technology in theirwonderful exhibition at the end of the summer term. In the Prep School pupils staged a wonderfully creative exhibition including work from childrgn in Nursèry through lo Year 6. Reception, Year 1 and Year 2 took lo the stage for their production of 'The Fleece Force,; Ihey performed brilliantly lo amazed audiences. In the Spring, Year 3 and 4 Shone in their production of 'Eddie the Penguin Saves the Worldl. In a specla¢ular end lo the yaar, Year 6 students, supported by Year 5, dellvered a hllarlous performance of'Wh8t a Knight,. This yèar's musical was"GrBaso° brought lo life with a cast and crew from across the Senior School, working wtth energy and 8nthusi8sm lo produce a show of outstanding quality. In Spoech and Drama, w8 work to improve confidence and presentational skills through acting, poetry, readin9 for performance, mimg, public speaking and spokan language. In the Peterborough Drama Festival, Year 2 and Year 8 won the Choral Spgaking competition and w8 brought home eight cups in total.1 Congratulations to eight pupils who gained their Grade 8 examinations this year, may at DistSncllon. 12

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (incorporating the Strateglc Reporfj YEAR ENDED 31 AUGUST2025 Sport 2024-25 was a year marked by dedIca￿on, growth, and oulslanding success. Our students have particlpaled in nearly 300 fixtures, competing across more than 40 different1gagu8s in 22 dislincl sports. Each match, meet, and tournament has been a valuable opportunity for learning and development, and we commend every student who has represented TPS with commitment and enthusiasm. Among the many highlights. our netball teams have shone brfghlly. Both our Under 14 and Under 16 squads earned county representsllon, wllh the Under 14s going on lo win the County Plate. TPS also claimed victory in three district netball leagues. a testament to the strength and depth of our teams. In tennis, our Year 7 and Year 8 teams were crowned District Champions, demonstrating skill and consistency throughout the season. Basketball saw similar success, with our Year 8 team emerging as District Champions after a series of impressive performances. Our cricket teams had a remarkable season, winning the District League and eaming a place at the County Finals. In badminton, TPS triumphed at the County Schools Doubles Champlonshlps. showcasing our growing prowess in racket sports. Beyond team achievements, we arè thrilled lo celebrate the exceptional accomplishments of individual athletes who have represented TPS 81 ¢ounty, regional, national, and even international levels. One pupil - U8 Cambridgèshire County Tennis Squad One pupil - Bronze Medal in Backstrokg al the Rogional Swlmmlng Championships One pupil- 4 Medals at the County Swimming Championships One pupil- Accepted in Ihg U14 Peterborough United Football Academy Two pupils - U14 Regional Representation for Turnford, U15 Cambridgeshire County Squad. England Squad Represgntation in the ENG Battle of Britsin Competition Limitless Ambassadors One pupil- U14 Cambridgeshire Tennis Squad and rankgd 122nd Nationally al U14 One pupil- Norwich City Football Academy One pupil- Na￿Onal Fenclng Repr8senlalion One pupil- Regional Rowing for P8lerborough City Rowing Club One pupil- IntematK)nal representation within Karate atworld Cups against countries including Japan, Australia, New Zealand and Amerlca. One pupil- Northamplonshire U18 Cricket Squad One pupil Cambridgeshire Women's Cricket Squad and Northamplonshire U18s Squad {8owler of the Yearl. Our sport5 days were oncB again a teslarnenl lo teamwork and House spirit. The puplls. enthusiasm and determination were evident as they workgd together, supporting and encouraging one another for points towards their housè lotals. We celebrate sporting a¢hi8v8ments in various celebration events throughout the year. Wlder Educatlon Throughout the year we marked specific events through assemblies and PSHE. We raised awareness in Children's Mental Health wgèk, with a wealth of a¢tivitl8S to support wellbeing and mental health, and congratulated our Peer Mentors and our new Mgntal Health First Aiders, who qualified to help and support other pupils. The Chapel remains at thè heart of the School and thè Chaplaln has continued their wort lo involve students more in the worshlp In our Chapel services with success. In Chapel, students used the characters from Inside Out to explore a rango of feelings and emotions and led 13

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT lincorporatlng the Strateglc Report) YEAR ENDED 31 AUGUST2025 reflections around Black History Month. Families came logetheral Christmas to enjoy ourcarol Service al St John's Church,. the Chapel Choir sang beautifully to contribute lo a moving and uplifting occasion. We held lermly whole school services al Christmas, Easter and the end of term. Communlty Outr•ach The Hgadmaster seNod as a governor of a local Nursery and Infant school, serving as their finance governor and the 8pprai5al of the headteacher. He served as a Teacher Panellist for the Teacher Regulatlon Agency and continues to serve as a Director of the Society of Heads. He Headrnasler is a member of the Pelerborough Partnership of Secondary Schools IPPSSI, through which the School supports the PPSS Prlorilies lincluding funding). The Head of the Prgparalory School acts as an Earfy Years Foundation Stage Moderator ft>r the Local Authority in Eady Years sethngs and as a Lead Inspector for Early Years for the Independ8nl Schools Inspectorate. The Deputy Headmaster has become an ISI Inspector. The Bursar voluntarily leads and manages tho expedition programme for a local Duk8 Edinburgh's Award scheme, which lakes young people from across the city. and further afield. on expeditions. The School joins with another secondary school lo support interview practice for university. The Hoad of Computbng has supported a local secondary school who were unabl8 lo recrult loacher, by teaching A Level pupils. Several staff work in the School as exam markers, senior and principal examiners, including authoring examination texts. Toa¢herlNuf$ery Training Th8 School hosts various work gxpgrience placements, prSmarfly for people who are considering entering the teaching prolesslon, In addltlon lo pupll8 al other maintained seGlor schools. School Cenlred Initial Teacher Training ISCIThI The School is a member of the Sheffield University SCITT and supports trainee teachers in Modern Foreign Languages, usually two annually. Teach East- the School has recenlly joined the Teach East scheme. The School's Nursery, provides placements for Apprentices each yger, 8UPPOrted by the local college provider. Communlty Through development of, and provision of access to its f8¢ililies, the School remains at the hoart of th8 community. Facilities made open lo the public include: Our Centre for CroalNe Arts which is open for use to a wide range of local amateur groups and has been used regularfy. Our sport pitches and sports facilltles are known as an asset I￿allY and have in the past hosted rugby, netball and tgnnls tournaments which In¢1￿9d the Involvement of local malntslned sector schools. We host a Si John Ambulance Badger and Cadet Division, which trains al the School wlth local children and provides support to local event5. We also host weekly Beaver, Cub and Scout gatherings, whlch are run by the 14th Nene Scout Group. Children from other maintsilled schools attend with children from other independent schools. 14

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (Incorporatlng the Strateglc Report) YEAR ENDED 31 AUGUST2025 Outreach The School has informal arrangements with the local primary schools as described above. We have loaned the use of the School's minibuses to a local primary school lo support Ihoir communlty outreach programme. The charity is continuing lo develop widgr Community links. In addition to the th8atre, Ihe School has a programme of widenlng educatlonal access lo their facilities. at fee rates below commerclal levels. Subsidised arrangements are n(Iw ir) place for the drama facilities and the sports hall, and thè summer school programme continues to be highly successful. Charltable A¢tlvltl•s The Sixth Fomi pupils continue lo run thair own fundraising committee, and th@ir chosen charity for 202412025 was The Sue Ryéer Hospic8, Pelerborough. During th8 y8ar th8 pupils manag8d to raisg £6,044 to help this charity. The School supported other charities loo, including Save the Children, the Poppy Appeal, Children in Negd and Anna's Hope, bringing the lolal for the year to just under eleven thousand pounds. Fundraising Perfomian¢è Progress in fundraising and the ongoing work of raising voluntary funding for the School continues. Grants and donations lotalled £8,966 12024.. £31.711). The SchLN)I does not aclivety fundraise,. the School does not use any professional fundraisers and has not recolved any complalnls regarding fundralsing. Investment Pollcy and ObJg¢tive$ The Company'5 rnemorandum and articles of association permit funds lo be invested in such manner as the dire¢lors see fit, providing that 5u¢h powers of investment are only exercised for the purpose of attaining the objects and in a manner that is legally charitable. Inve51menl activities are managed in line with the requirements of the Trustee Act 2000. The governors have appointed R8vens¢roft Group as inveslrnent manager. Our investment policy is to preseNe the capital value of investsnents and maximise the retum and incom8 on all inveslm8nts. Aside from prize funds which are held in interest bearSng nollce accounts, the investment manager has discretion about how the investments are managed within the pollcy parameters sel by the govemors. The governors have dlrected the investment managef to allocate a proportion lo ethical inveslmenls. Thg investment targets are to preserve thg raal value of investments against inflat￿n and to have a ylgld of 4°h. Funds not invested are hold on deposit to eam interest. Investment Performan¢9 Against Objectivos The cornpany's memorandum and articles of associatson permit funds to be invested in such manner as the directors see fil, providing that such powers of investment are only exercisèd for the purp08e of attainlng the objects and in a manner that is legally Cha￿table. Investment activities are managed in line with the ￿qUIrementS of the Tfustee Act 2000. Th8 govamors have appointed Ravenscroft as investment manager. Our investment policy 18 to praserve the capital value of investments and maximise th8 retum and income on all inveslrnents. The company's investments ar& managed by Ravenscroft Group and in the opinion of the Governors, the perfomance has been satisfacltsry. The investment performance is measured against targets agreed with the investment advisers and performance has been satisfactory compared with the benchmark indlces, but as lo be expected when compared lo the markets. Our retums on investment were up by 0.2VA compared lo the provious year12024: 8.9Q/ol. Investments are held for the long-lem) and represont amounts yet lo be spent on educatS0n. 15

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT {Incorporatlng the Strateglc Report) YEAR ENDED 31 AUGUST 2025 FINANCIAL REVIEW Rg$ults for th• Year The nel incomg for the year amounted to £44,44712024'. £138,146 net Income) of whlch thè opgrallng surplus on unrestricted school activities was £44,44712024.. £140.1881. Gross income for the year was up by Some 3.80A on last year. The School is helped each y8ar by thg SUPPOrt of the French Huguenot Trust, which provides £16,700 in grants for 6 pupils. The parents of our pupils often makè signrficanl sa¢rifi¢es lo pay the fees. In doing $0 they help to relieve the Slate of the financial burden of educating 415 UK based children. The Saving is estimated to have a value in tho last year of £3,407.150. The School is now able to recover the VAT on purchases il makes, having backdated our VAT registration lo 1 June 2024. In additional to the very substsntial benefits our School brings to our pupils, the local community and society through the educatlon we offer. our bursary programme creating a social asset without Cost lo the Exchequer. Reserves L8vel and Pollcy. and Flnanclal VlabllSty It has been the School's policy to utilise fU[￿S lo ensure that high quality up-104ale facilities are provided for the benefit of pupils. The aim is lo budget so as lo provide sufficiènt working Capital lo me81 the present needs and future developmènt requirements of the School without the requirement to have recourse lo sales of tangible fixed assets or use of the School's readily reallsable Investments supporting unrestricted funds. Unrgstricled funds Increased by £44.44712024.. £140,188 increase) to lolal 27,481,972 12024.. £7,437.5251, as shown in note 21. The Pelerborough School plans lo fund longer term capital expenditure and meet long term liabilities through ¢arefu5 managerllent of resources and investments and through building reserves through operations and trading. The School aims lo make an overall surplus annually lo build up free reserves. The Govemors have invested substantial sums into new School buildings in recent years and havo a continuing programme of reftjrbishmenl, development and investment lo maintsin excellent leaching faolilies for our pupils. The School's lolal reserves of £7.48m12024.'£7.4mll al the year*nd included £900 12024- £9001 of restricted funds. Fixed assets held for charity use totalled £6.796m {2024: £6.835ml}, leaving free reserves of £683,10012024.. £564,100) al the year-end. The School's financlal viability does not depend on income reserves but in its ability to continue lo trade at a surplus on an annual basis, 2nd on the svbslanlial portfolio of fixed assets held for opgrational use. The School does not have, and cannot ￿lY on, permanent endowments. The charity's unrestricted reserves are primarily invested in langiblg fixed assets which are all used for its direct charllable activities. PRINCIPAL RISKS AND UNCERTAINTIES Like most trustee5, the Governors keep under consideration the impact of a catastrophlc event on the School's ability to continue. but that event may come about from many cause5 and being specific about the source is not possible. The Governors consIde￿d the economic turbulence of recent years and the affordability of fess by parents across the independent sector to be the principal risk faced by the School. This is forecast to worsen with the current cost of living crisis. The independent sector as a whole Is currently subject lo increased financial pressure, following the Government's decision lo remove lax ¢onces8ions for charitable independent schools, adding VAT and removing business rates relief. There Is a skJnificant risk to tha independent sector as adding VAT lo school fees from 1 January 2025 has made the fees unaffordable for a proportion of parents. affecting school income. The effect has been a notlceable decrease in pupil numbers across the independant school sector. wrth many of those chlldren movlng to slate fundèd education. The independent se¢lor as a whole is currently subj8¢t to increased political risk following tho introduction of VAT on school fees. and the removal of business rates relief. The introduction of VAT

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT {incoryJoratlng the Strateglc Report) YEAR ENDED 31 AUGUST 2025 creates a level of uncertainty in business planning for all independent schools. Planning future income based on pupil numbers has become more difficult due to an increased level of uncertainty in demand. The full effect will not be known unlil1gvels of dgmand $8ttlè down, schools adapt, and parents becotn8 more secure in their finances. This is unllkely lo happen for 8 number of pupil recruilmenl cycles Health and Safety is always a significant area for risk management. The risks range from fire and damage to Infrastructure, to personal risks Imosl notably when away on trips and expeditions}. The level and breadth of activtty at the School Is Impressive and the risks assoclaled with all actlvllles are minimised by thorough planning and risk assessment. The Governing Body Is responsible for the Identlflcallon and management of rlsks. The major rlsks to which the charity is exposed, as identified by the Govemors, have been reviewed and systems or procedures have been established lo manage those risks. Detailed examination of the risks and estsblishment of controls to miligale them is delegated to the Headmaster and Bursar and the process is overseen by the F&GP committee on behalf of the Goveming Body. Individual risks have been delegated to the relevant sub-commillees for lermly review. A formal review of the risk management processes is undertaken annually. The principal risks to which the School Is exposed indude those affeding protection of pupils and S8CUrity and preservation of charitable assets both now and In the future. Significant risk areas include.. Failure to meet the School's strategic directlon. Loss of Charitable financial benefits (discounted business rates and VAT on fees) Global or National Pandemlc Inability lo adapt lo the market. Failure of financial control and lack of control of Incomg and Expenditure Significant HR challenge Failurè to have adequate Insurance cover. Recruilmenl and Retention Fraud Significant safeguaTdlng Inddent that threatens the safety and w811-b8lng of pupils Absencelresignation of a teacher in a single4eacher department Damage to part or all of the slts due to firo, flood etc. Loss or inadvertent release of dats The key controls used by th8 school include.. fomial agendas and minutes for all meetings of the Govemlng Body and committees terms of reference for all committees compr&henslve strategic planning. financial forecasting, budgeting and management accounting established and Kjentifiable organisalional structures and reporting lines which are regularly reviewed. comprehensiv8 fomial written policies clear authorisation limits

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (Incorporatlng the Strateglc Report) YEAR ENDED 31 AUGUST 2025 vetting procedures, as required by law, for protection of the vulnerable The School plans strategically, having regard for risk. The Headmaster and Bursar provide the Goveming Body with regular reports whSch include details of the principal strategic objectives and the activity lo achieve those objectives. The School also records significant achievements and updates the Goveming Body and Woodard on short-term plans. Th8 strategy is discussed between the Governing Body and the Woodard Board, and protocols have been developed and agreed which outline the relationship bety￿en the two bodies. Flnanclal rl$k management objectlves and pollGles The School uses financial instruments, other than derivatlves, comprislng loans, cash and other Ilquid resources and various other items such as trade debtors, creditors and finance lease arrangements that arise directly from operations. The main purpose of these financial instruments is lo raise finance for the group's operations. The main issues arising from the group's financial instruments are liquidity risk and interest rale risk. The School's directors adopt policies for managing each of the risks and these are summarised below.. Liquidity risk - the School seeks lo manage financial risk by ensuring sufficient liquidity is available to moet loreseeable needs by negotiating adequate facilities from banks. Interest rate risk- the School finances operations Ihrough a mixture of retained surpluses and bank and other borrowings. The exposure lo interest rale fluctuations is managed by the use of both fixed and floatlng facillties. GOING CONCERN The Goveming body has continued lo review the impact of th& significant cost of living increases on sd)ool operations and finances. School Senior Leadership Team and Governors continue to work hard to miligale any polenllal financial impact. Having considered all factors and after reviewing the available evidence, the Governors have a reasonable exp8clalion that the company will be able to continue operating for the foreseeable future and the financial statements have been prepared on a going concom basls. Further details related to the adoption of the going concern basis Can be found in the accountlng pollciès on page 29. 18

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (incorporatlng the Strateglc Report) YEAR ENDED 31 AUGUST 2025 DIRECTORS The direclofs who served during the year. and the committees of which they are m9mbgrs, are.. MrKPCrai Finance and General Pu oses. Earl Years The Revd T Alban Jones MSLA res Finance and Gener81 Pu oses Mr K Chakrabo Mrs S Dixon Safeguarding & WellbeAng. Education Mrs R Church Dr E Gifford Education Mrs K Hart Safe uardin & Wellbein MrGH nes Finance and General Pur oses Dr N hAenon Education Mrs H Milli an-smith Finance and General Pur oses MrsEPa ne Develo ment and Partnershi Mr J Roach Marketin & Partnershi Mr P Simmons Finance and General Purposes, MaA¢eling and Partne￿h1 None of the directors has any benef￿la4 interest in the company. The Peterborough School buys trustees and officers insurance on behalf of the directors. Extmptlons from dl$¢lo$ur• The P6torborough School has not tsken advantage of any exemption from dlsclosure In relafjon to trustee detsils. AUDITORS Moore Kingston Smlth LLP, having expressed their willingness to Continue in offi￿, will be deemed reappointed for the next financial year in accordance with section 487121 of the Companies Act 2006 unless the company receives noti￿ undèr section 488{11 of the Companies Act 2006. 19

THE PETERBOROUGH SCHOOL LIMITED DIRECTORS, REPORT (in¢orporatlng the Strateglc Repor¢ YEAR ENDED 31 AUGUST 2025 DIRECTORS, RESPONSIBILITIES STATEMENT The Govemors are responsible for preparing the Directors, Report. the Strategic Report included within the Directors, Report and the financial slalements in accordance with applicable law and regulations. Company law requires the directors to prepar8 company financSal ststements for each flnanclal yèar. Undèr that law the directors havg elected to prepare the financial ststements in accordance with United Kingdom Generally Accepted Accounting Practice Iunited Kingdom kcounling Standards and applicable lawl. Under company law the dire¢lor$ must not approve the financial statements unlgss they are sallsfled that they give a true and falr view of the state of affairs of the company and of the profft or loss of the company for that period. In preparfng each of the company financial slalemenls, the Governors are rèquired to.. select 5uilable accounting policigs and then apply them consistently. observe the mglhods and principle5 in the Charities SORP IFRS 102}. make judgemen15 and acc(iunling estimates that are reasonable and prudent. slate whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial stslements- and. prepare the financial slalemenls on the golng concern basis unless il Is Inappropriate to Presu￿ that the company will continue in business. The Govemors are responslble for keeplng adequate accountlng records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any lime the financLg1 position of the company and enable them lo ensure that the financial slalemenls comply with the Companies Act 2006. They are also responsible for safeguarding the assets oflhe company and hence for t8king reasonable steps for the prevention and detection of fraud and other irregularities. The Governors confimi that- so far as each director 18 aware, there is no relevant audll Information of which the charitable company's auditor is unaware., and the directors hava taken all the steps that they ought to have taken as directors In order lo make themselves awarè of any relevant audit information and to establish that the charflable company's auditor is aware of th81 information. The directors are responsible for the maintenance and integrity of ihe corporate and financial Information included on the company's website. Legislation in the United Kingdom governing the preparatlon and dissemination of flnancial statements may differ from legislats'on in other jurisdictions. Approved by the Board of Directors of The Pelerbomugh School on 5 December 2025, Including. in their capacity as company directors, approving th& Directors, and Slratagi¢ Reports contained Ihgrein, d signed on its behalf by.. Mr K Craig Chair of Govemors 5 December 2025 20

THE PETERBOROUGH SCHOOL INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE PETERBOROUGH SCHOOL LIMITED YEAR ENDED 31 AUGUST 2025 Oplnlon We hav8 audlted the financial ststemanls of Tha Pelerborough School Limited for the year ended 31 August 2025 whlch comprise the Company Statement of Financial Activities {including an Income and Expenditure Accounll. the Company Balance Sheet. the Cash Flow Slalemgnt and the notes lo the financial slatemenls, 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 FRS 102"The Financial Reporting Standard applicable in the UK and Republic of Ireland" (United Kingdom Generally Accepted Accounling Praclicel. In our opinion the financial statements.. give a true and fair view of the stste of the charitable company's affairs as al 31 August 2025 and of the incoming resources and application of resources, Includlng its income and expenditure, for the year then ènded., have been properly prepared in accordan¢g with United Kingdom Generally Accepted Accounting Pracllce., and have been prepared in accoidance with the requirements of the Companies Act 201X. 8asls for oplnlon We have been appolnted audhors under the Companles Act 2006 and section 151 of the Charities Act 2011 and report in accordance with those Acts. We conducted our audbt in accordance with Intematiorlal Standards on Auditing IUK) IISAS IUK}} and applicable law. Our responsibilities under those standards are further described in the Auditor's responslbllltles for the audll of the ff nanc￿al statements sedon of our report. We are Sndependent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements 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 audf( evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relating to going concern. In auditing the financial slalemenls, we have concluded that the Directors, use of the going concem basis of aceountlng in the preparation of the financial slalements Is approprlate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubl on the charitable company's ability lo continue as a going concern for a period of al least twelve months from when the financial statements are aulhori8ed for issue. Our responsibilities and the responsibllilies of the Governors whh respect to going concem are dgscrfbed in the relevant sections of this report. othar infomiation The other information cornpllses the infomalion included in the Annual Report other than the financial slalemenls and our auditor's report thereon. The Governors are responsible for the other infom)ation contained within the Annual Report. Our opinion on the financial slalemenls does not cover the other information and, except to the extent olh&rwise explicitly stated in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is to read the other information and, in doing so, consider whgther the other information is materially inconsistent with the financial staletnenls, or our knowl&dge obtained in the course of the audit or olheNise appears to be materially misslaled. If we identify such material inconsistencies or apparent material misstalemenls. we are required lo determine whether this gives rise to a material misstalemenl in the financial statements themselves. If, based on the work we have Perfomied, we conclude that there Is a material misstatement of this other infomatlon, wo are required lo report that fact. We have ￿thing to report in this rogard. 21

THE PETERBOROUGH SCHOOL INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE PETERBOROUGH SCHOOL LIMITED YEAR ENDED 31 AUGUST 2025 Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the WOTk undertaken in the course of the audit= the information given in the Directors. Report which includes the Directors, Report, 8nd the Strategic Report prepared for the purpose of company law for the financial year for which the financial slalements are p￿pared is Consistent with the financial slalemenls., and the Directors, Report and the Strategic Report, included within th8 Dlreclors, Report have been prepared in accordance with applicable legal requirements. Matters on whlch we are required to report by •xcaptlon In the light of the knowledge and understanding of the charilablg company and Ihgir environment obtsined in the course of the audit, we have not identified matorial misststements in the Directors, Report. or the Strategic Report in¢lkJded within the Dire¢lors' Report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion.. adequat8 accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visilod by us., or the parent charitable company financial statsments are not in agreement with the accounting records and returns,. or cortain disclosures of directors, remuneration specified by law arg not madg,. or we have not received all the information and explanations we require for our audit. Responsibilities of Directors As explained more fully in the Statement of Dlrectors, responsibilities sBt out on page 20, the trustees (who are also the directors ofthe charitsble ¢ompany for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and forsuch internal control as the Iruslees determine is necessary to enabbe the preparation of finanaal statements Ihal are free from materfal misslalement. whether due lo fraud or error. In preparlng the financial staternenls, the Directors are responsible for assessing the charitable company's ability lo continue as a golng concèrn, discloslng. as applicable, matters related to going concem and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company OT lo cease operations, or have no rgalislic allernalive bul to do so. Auditor's re$ponslbllltles for the audlt ot the Ilnanclal statgrnents Our objectives arg lo oblaln reasonable assurance 2boul whether th8 financlal slalemenls as a whole are freo from malerlal misslat8menl, whether dug to fraud or error. and to issue an auditorfs report that indudes our opinion. Rg?sonable assurance Is a hlgh level of assurance bul is not a guarantee that an audit ¢onducled in accordance with ISAS IUKI will always delect a material mlsstat$mont when it exists. Misststements can arise from fraud or error and afft considered material if, individually or in the aggregate, they could reasonably be expected to Influence the economic decisions of users tsken on the basis of these financial statem8nls. As part of an audit in accordance with ISAS IUKI we exerclse professional judgement and maintain professional scepticism throughout the audit. We also: Obtaln an understanding of internal control relevant to the audit in order lo design audit procedures that are approprfate In the c5reumstsn￿S, but not for the purposes of expressing an opinion on the effectiveness of the charitable company's intemal control. Identify and asse8S the risks of material misstatement of the financial stalemenls, whether due to fraud or error, design and perform audit procedures responsive lo those risks, and obtain audit evidence that is sufficient and appropriate lo provide a basis for our opinion. The risk of not delecling a material misstatement resulting from fraud is higher than for on6 rasulting from 22

THE PETERBOROUGH SCHOOL INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE PETERBOROUGH SCHOOL LIMITED YEAR ENDED 31 AUGUST 2025 error, as Iraud may involve collusion, forgery, inlentlonal omissions, misrepresentalions. or the overrNde of intemal control. Evaluate tho appropriateness of accountlng policies used and the reasonableness of accounting estimates and related disclosurgs made by the trusteos. Conclude on the appropriateness of the Iruslees, use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material Un￿rtainlY exists related to events or conditions that may cast signifi¢anl doubt on the group and parent charitable company's ability lo continue as a going ￿nCern. If we concludo that a material unc8rtalnty exists, we are required lo draw attgntion in our auditorfs report to the related disclosures In the financial slalements or. if such dlsclosures are inad&quate, lo modify our opinion. Our conclusions are based on the audit evidence obtsined up to the date of our aud¢tor's report. However, future events or conditions may cause the group or parent charitable company to cease lo continue as a going concem. Evaluate the overall presentation. structure and content of thè financial stalemenls, including th8 disclosures, and whether the financial ststements represent the underlying transactions and events in a manner that achieves fair preselltalion. Obtain sufficient appropriate audh evidence regarding the financial information of the entities or business activities within the group to express an opinion on the consolidated financial slat8m8nts. We are responsible for the dirgcllon, supervision and perfo¥mance of the group audit. We remain solely resp￿SIble for our audit report. We communicate with those chargèd with govemence regarding, among other matters, the planned scope and Ilming of the audit and significant audit findlngs. including any significant d8fi¢ien¢ie8 in internal control that we identify du￿ng our audit. The extant to whlch tho audlt was considered capabl8 of datè¢tlng Irrogulafities. includlng fraud IrregularilSes, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibililles, outlined above. to delecl material misslalements in respect of irregulaTrlies, in¢luding fraud. The exlenl lo which our procedures are capable of delecling irregularities, including fraud is detailed below. The objgctives of our audit in respect of fraud, are., lo idenllfy and assess the risks of materi81 misslatemenl of the financial statements due lo fraud,. lo obtain sufficient appropriate audil evidenc8 regarding the assessed risks of material misststement due lo fraud. through designing and Implementlng appropriate responses to those assessed risks., and lo respond appropriately lo instsnces of fraud or suspected fraud IdentSfied during the audit. However, the primary responsibility for the prevention and delectlon of fraud rests with both management and Ihose charged wlth govemance of the charllable company. Our approach was as follows.. We obtained an understanding of the legal and regulatory requirements apPI￿able lo the charitable ompany and considered that the most significant are the Companies Act 2006, the Charities Act 2011, the Charbty SORP, and UK financial reporting standards as issued by Ihe Financial Reporting Council. We obtained an understanding of how the charitable company complies with these requirements by discussions with management and those charged with governance. We assessed the risk of materfal misststemenl of the financial slalements, Including the risk of material missiatemenl du¢ to frau(J and how it might occur, by holdlng dlscussions with management and those charged with govemance. We inquired of management and those charged with governance as lo any known instsnces of non- compliance or suspected non.compliance with laws and regulations. Based on this understanding, we designed specific appropriate audit procedures to identify instances of non-compliance ￿th laws and regulafjons. This included making enquiries of 23

THE PETERBOROUGH SCHOOL INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE PETERBOROUGH SCHOOL LIMITED YEAR ENDED 31 AUGUST 2025 management and those charggd with governan￿ and obtainin9 additional corroborative eviden as required. There are inher&nl limitations in the audit procedures described above. We are less likely lo become aware of instances of non-¢omplian¢e with laws and regulations that are not closely related lo events and transactions reflected in the financial slalemenls. Also, the risk of not detecting a material misslalement due to fraud is higher than the risk of not delecling one resulllng from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentslions, or through collusion. Uso of our report This report is made solely lo the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stste lo the charitable company's members those mattfyrs we Bre required to stste lo them in an auditor's report and for no other purpose. To the fullest extent permltted by law, we do not accept or assume responslbilily lo anyon8 other than the charitable company and th8 charitabl8 company's members as a t￿dy, for our audit work. for this report. or for the opinions we have formed. - LLf Mr Jonathan Aikens {Senior Statutory Auditor) For and on behalf of Moore Kingston Smith LLP, Statutory Auditor Chartered Accountants Moore Kingston Smith LLP 6th Floor 9 Appold Street London EC2A 2AP 5 December 2025 24

THE PETERBOROUGH SCHOOL LIMITED CHARITY STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) YEAR ENDED 31 AUGUST 2025 Note Unrestrlcted Fund$ Re$tri¢ted Funds Total 2025 Total 2024 Income and endowments from- Charltsble A¢llvltl•s School fee8 receivable Ancillary trading incorne Oth•r trading a¢tiviti8s Non-ancillary Iradiro income Investm8nt5 Investment income Bank and 0lh8r interest oth•r- Grants and donatlons Grants and donalK)ns othor Ineomlng resoureos 7,439.157 527.385 7,439,157 527.385 7,431,716 476,118 81.411 61.411 69,729 10.392 120,103 10,392 120,119 10,534 130.054 16 8,966 8,966 12,975 31,711 9.992 12.975 TOTAL INCOMING RESOURCES 8,171,423 6,982 8,180,405 8,159,854 Expendlture on- Ralslng fund$ Financing cosis Inv8Stm8nt managomant 165.494 4.432 165,494 4,432 116,448 4,330 TOTAL DEDUCTIBLE COSTS 169.¥26 169.926 120,778 Charltabl• Actlvltles Education and grant rnakkng 7,952,248 8,403 7,960,651 7,921,818 TOTAL EXPENDITURE 8,122.174 8,403 8,130.577 8,042,596 Net gainslllossesl on inve8trnent a5S8ts 13 15,3811 (5,381} 20,888 NET INCOME 43,868 579 44.447 138,146 Transfers botween funds 21 15791 Ngt Movgment In funds for thè y•ar Fund ba18ric85 at 1 September 2024 44,447 7,437,525 44,447 7,438,425 138,148 7.300,279 900 FUND BALANCES AS AT 31 AUGUST 2025 7.481,972 900 7.482,072 7.438.425 25

THE PETERBOROUGH SCHOOL LIMITED CHARITY STATEMENT OF FINANCIAL ACTIVITIES {Incorporating an Income and Expenditure Account) YEAR ENDED 31 AUGUST 2025 STATEMENT OF FINANCIAL ACTIVITIES- COMPARATIVE FIGURES BY FUND TYPE Note Unrestrlded Funds Rèstrl¢t¢ Funds Total 2024 Income and endowments from.. Charltable Actlvltles Schod lees re￿1vable Ancillary trading income O¢her tradlng actlvltle5 Non-ancillary tradlng Sncome Investm•nts Inv8Stmgnt income Bank and other interest other- Grants and donatlons Grant5 and donations 7,431,716 476.118 7,431,716 476,118 69.729 69,729 10,534 130,038 10.$34 130,054 16 10 31,701 31.711 Other Inctsmlng r8sourc¢$ 9,992 9.992 TOTAL INCOMING RESOURCES 8,128,137 31,717 8,159.854 Expendlture on: Ralslng funds Financing costs InvestsK8nt management TOTAL DEDUCTIBLE COSTS 116.448 4,330 116,448 4.330 120.778 120,778 Charltable A¢tlvities Education and grant making 7.921,302 51e 7,921,818 TOTAL EXPENDITURE 8,042,080 516 8,042.596 Net Iloss8syg8ins on investrnenl ass8ts 13 20.888 20,888 NET INCOME 106.945 31,201 138,146 Transfers befvveen funds Net Movement In funds for the year Fund balances at 1 Septemb8r 2023 33.243 140,188 7.297,337 133.2431 12.0421 2,942 13B.146 7.300,279 FUND BALANCES AS AT 31 AUGUST 2024 7,437,525 900 7.438,425 26

THE PETERBOROUGH SCHOOL LIMITED BALANCE SHEET ASA T31 AUGUST2025 Note 2025 2024 FIXED ASSETS Tangible assets Investments 12 13 6.450.389 6.497.270 337,377 6,834,647 6.796,323 CURRENT ASSETS Stock Debtors Cash at bank and in hand 4,360 495.618 2,763.553 3.263,531 7,197 283,567 2,225,409 2.516,173 14 CURRENT LIA81LITIES Creditors payable within ong year 15 2.408 922 1,606,881 NET CURRENT ASSETS 854,609 909,292 TOTAL ASSETS LESS CURRENT LIABILITIES 7.650,932 7,743,939 LONG TERM LIABILITIES Creditors payable after one year 16 167,960 305,414 TOTAL NET ASSETS 7,482,972 7,438,525 REPRESENTED BY: Callad up share capltal 100 100 RESTRICTED FUNDS Restricted Income funds 21 900 UNRESTRICTED FUNDS General restsrve 21 7,481,972 7,437,525 7,482,972 7,438,525 e financial statements wer8 approved and aulhorisgd for issue by the Board on S Dec8mber 2025 and n ils behalf by CRAIG ' Chairman Company registration number 01182629 The notes on pages 29 10 44 form part of these flnanclal stat8menls 27

THE PETERBOROUGH SCHOOL LIMITED STATEMENT OF CASH FLOWS YEAR ENDED 31 AUGUST 2025 Note 2025 2024 Cash flows from oporatlng actlvltlgs: Net cash provlded by operating activities 27 985,609 360,558 Investlng activities Dwidends and interest Purchase of tangible fixed assets VAT Capital Goods Scheme adjuslmenl to cost of fixed assets Proceeds from sale of investments Uninvested cash lincreasoyd8crèa$8 Purchase of investments Net cash used in investing activities 136,387 1300,513) 79.322 20,000 118,7101 15.228 98,742 143,702 1449,8761 44,317 302,687 Financing aetivitio$ Receipts from fees in advance scheme R8paymenls of borrowing Financing ¢osts Net cash used in finan¢lng actlvlties 429,725 1162.8441 118.334 1180,5461 168,177 Incrgasolldecreasel In cash and cash ￿Ul¥alentS In the yoar 538,144 206,418 Cash and cash equivalents at the beginning of the year 2,225,409 2,018,991 Cash and ¢a$h equivalents at the gnd of th¢ y•ar 27 2,763,553 2,225,409 Analysls of Changes in net dgbt Other non cash movement 1 September 2024 31 August 2025 Cash flow 2.225.409 538,144 2,763.553 Cash at bank and In hand Debt dug wlthln onè year 8ank loans 180.607 47,351 133.256 Debt due after one year Bank loans 133.195 133,195 1,911,607 718.690 2,630.297 28

THE PETERBOROUGH SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 1. ACCOUNTING POLICIES The principal accounting policies. all of which have been apF￿￿d consistently throughout the year and in the preceding year are- al Basls of Accounllng The accounts of the School have been prepared underthe Companies Act 2006 and in accordance with the Slalemenl of Recommended Practice for Charities I'SORP IFRS1021'} and with applicable UK Accounting Standards. They are drawn up on the historical Cost aGcounts'ng basis èxcept that share investments held as fixed assets are carried at fair value. The Peterborough School Limilod meets the definition of a public benefit antity under Financial Reporting Standard IFRSI 102. Assets and liabilities are initially recognised at historical cost or transaction valu8 unless olhernise staled in the relevant accounting policy notes. The preparation offinancial statements in confomiily with FRS 102 requires management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. Thg eslimat&s and associated assurnplions are based on historical experience and various other factors that are believed to be reasonable under the cirCumstan￿s, the results of which fomi the basis of making Ihejudgemenls about carrying values of assets and liabilities that are not readily apparent from other sour¢es. Actual results may differ from thèse esllmales. Further details are provlded In the accounting policies for depreciation of fixed assets and for bad debts, The financial statements ara presented in Starling {£) and the functSonal currency is Sterfing l£}. bl Going Concem The accounts have been prepared on a going concem basis. The Governors review the financial information for the company and Consider whether the company is a going concern for a period of at least 12 months from the date of approval of the accounts. Having considered all factors and reviewing the available evidence, the Governors have a reasonable expactalion that the Company will be able to continue operating for the forose&abl8 future and the financial statements have been prepared on a going concem basis. cl School Fgas Ra¢elvable and Slmllar Income Fees receivable and other educalSonal Income are accounted for Inet of VAT} In the period in which the service is providèd. Fees rèceivable are slated aft8r deducting allowances, scholarships and other remissions by the School. bul include contributions received from external sources. Debts are provided for if nol recovered within one tarm. Estimating amounts lo provide against recovery of debts is a matter ofjudgemenl. d) Ancillary and Non-Ancillary Trading Income Ancillary trading income represents amounts from activities to raise funds within the charitable objects for example, school shop sales, coaches to and from school and school trips. Non-ancillary trading income reprèsents amounts from activities not directly related lo Ihe charitable obj8¢ts, for example lellings of school facilities out of term time and rental from spare school buildings. Income from these activities is recognised in the Ststement of Financial Artivities when the goods are sold or services provided. e} Voluntary sources. Grant5 and Donatlons Voluntary income is accounted for as and when ent￿lement arisas. thg amount can reliably be quantified, and the economic benefit is considered probable. Voluntary income for general purposes is a￿OUnted for as unreslricled and is credited lo the General Reserve. Where the donor or an appeal has imposed trust law restrictions. voluntary income is credited lo the relevant restricted fund and incoming eridowmenls are accounted for a$ permanent trijsl capital or expendable trust capltsl, according to whether the donor intends retenllon to be permanent or not. Gifts in kind are valued at estimated open market value at the date of gift, in the case of assets for retention or consumption, ￿ at the value lo the School in cas8 of donated services or facilities. 29

THE PETERBOROUGH SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 Expenditure Expenditure Is accrued as swn 88 there is a contractual obligation or a liability is conSide￿d probable, dis¢ounted lo pr8sent value for longer term liabilities. Expenditure is allocated lo axpgnse hgadings either on a direct cost basis or apportioned according to time spent. The irrgcoverabla element of VAT is includ8d with Ihg item of &xpense to which il relates. Bad debts are provided for in accordance with the group bad debt policy. The cost of refurblshing and converting existing building5 Is writtenwoff in the year in which il is incurred except where the usoful life has been extended. gl Flnan¢e and Other Costs Bank interest payable is accounted for on an accruals basis. Other costs include amounts accrued in accordan￿ with the lem)s of Fees in Advance Scheme Conlracls. h) Panslon Costs The School contributes to dgfined contribution pension schemes for teaching and non-teaching staff. The expense is rè¢ogni8ed as and when it is incurred. 11 T•Tmlnatlon Payments Termination benefits are employee benefits payable as a result of either the decision to terminate an employee's gmploymenl before their normal retirement date or an employee's decision lo aC￿p1 voluntary redundancy in exchange for those benefits. jl Tanglble Fixed Assets and Depreclation Tangible fixed assets are stalgd al cost less depreciation. Individual capitsl items, or projects, wth a value greater than £10,000 are capilalised. Assets in the course of ¢onstruction are stated al Cost lèss any provision for Impalrment. They are transferred to completgd assets when substantially all of the activities necessary ID get the ass&t ready for use are ¢ompl&te. Where approprialo Costs include our own labour costs in rolatSon lo construction, and dlreclly attributable overheads. Where tangible fixed assets have been acquired with the aid of specrfic grants, they are included in the balance sheet at cost and depreciated over their expocled useful economic1rf8. The related grants are credited lo a restricted fixed asset fund {in the slalemenl of financtal activities and carried forward in the balance sheet). The depreciation on such assets is charged in the statement of rinancial activities over the expected useful economic life of the related asset on a basis consistent with the depreciation pollcy. Depreciation is provided at rates calculated lo write off tho cost, less eslimaled residual value of each asset based on current market prices, over ils expected useful life, as follows= Freehold land Is not deprecial&d Freehold buildings Variable according lo the building and wr￿ten off over the expected useful life Isee notg bglowl Over the useful economic life of the improvemgnt 25% on cost - be￿e￿n 100/0 and 25% on cost - 25°k on cost Freehold improvements Computer equipment Flxlures and fittings Motor vehicles The company has reviewed ils langlble assets, which comprise land. buildings and flxlures and fittings. The company undertakes an annual review of all buildings assessing their useful economlc life. In some cases, the useful economic life of a building is anlicipaled to be of considerable length. often in excess of 100 years. The buildlngs are capitallsed in the financlal statements at hisloTIC cost. Where the calculated depre¢ialion charge is a material fwurg, it is charged in these 8ccounls but, where the carrying value 18 not mor8 than the eslirnaled recoverable amount and the depreciation on the building is not material lo these financial statements, il has been assessed, bul not charged. The directors will continue lo carry out annual assessments of the recoverable amount and the estimated useful life of all buildings and where the depreciation is B material value. it will b8 charged. The review is b3s9d on the dirgclors. assessm6nts of the mark8t value and tha futuro economic b&n8fit derived from an asset versus Its carrying value In the financial slalements. Whan the company undertakes a signlficanl refurbishment project that will have an econom1¢ b6n8fit, the cost of the refurbishment is capiialised, recorded separately under 'Freehold 30

THE PETERBOROUGH SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 Improvements., its useful lrfe is eslimaled, and il is depreciated over that useful life. The Peterborough School Limited exercises judgement in selection of appropriate rates for d8precialion of fixed assets. and for matters of impairment. k) Flnanclal Instrumonts Th& Pelerborough School Limited only has financlal assets and financial liabilili8s of a kind that qualify as basic financial instruments. Basic financial inslrumgnls are inillally recognised al transaction value and subsgquenlly measured al their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. l) Cash Cash al bank and cash Sn hand Indudes cash and short temi highly liquid Investments with a short matLJrity of threg months or less from the dale of acquisition or opening of the deposit or similar account. m} Investments Securities investments are carried al fair valug, which is deemed to be market value as at th& balance sheet date. Reallsed and unrealised investment gains and losses are recognl8ed as 'nel gainslllossesl on investment assets, in the Statgment of Fin8n¢Sal Acllvitles and are allocated lo the appropriat8 fund according lo the 'ownership' of tho underlying assets. n) Stocks Stocks comprise raw materials, consumable stores and goods held for resale.. they are valued at the lower of cost and nel realisable value. ol Leasing Commltmonts Assets held under finance leases and hire purchase contracts are capilalised in the balance sheet and are depreciated over their useful lives or the period of the leas& whichever is the shortei. The interest element of thè obligations is charggd to the Statement of Financial A¢livilies overthe period of the lease. Rentals applicable lo operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the Statement of Financial Activities on a straight-line basis over the lease term. Lease incentives are accounted for over the lease term on a slraight-line basis. pl Fee D•po$its Refundable fee deposits are currently classified between long term and short term in the financial stalemenls. These deposits are refundable in the event that the pupils leave a school on on@ term's notice ar)d as such the deposit would be refunded to the parents at that point. However, the rinancial statements are prgpargd on a going concem basis. and it is assumed that the majority of chlldren wlll remain In school for Ihelr full years of educallon and therefore th8 deposit will b refunded to them when they leave school. Short term deposits reflect those pupils that will be leaving a school within one year, and the longer- term element reflects those pupils that will be leaving a school after 12 months from the balance sheet dale. ql Fund Accounts Reslricled funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes lo the financial slalements. Designated funds comprise furbds which have been set aside al thg discretion of the dir8clors for SPgcifi¢ purpgses. The purposes and uses of the designated funds are set out in the notes to the financial statements. 31

THE PETERBOROUGH SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 r) Taxation The Peterborough School Limited is a registered charity and as such are exempt from income tax and corporation tax under the provisions of Section 478 of the CO￿Or8110n Tax Act 2010. There is no similar exemption frir VAT, which is included in expendrf(ure or in the cost of ass6ts as appropriate. Total Incoming Resources exclude VAT on taxable outputs and Totsl Exp8ndltur8 eXCIL￿a8 recoverable VAT. Irrecoverable VAT is included as a cost, where appllcable. CHARITABLE ACTIVITIES - SCHOOL FEES RECEIVABLE 2025 2024 The school fees income comprises.. Gross fees 8496 631 8 592 182 Less.. Scholarships Bursaries Staff remissions 129,076 778.673 149,725 153,924 867,856 138,686 1,057,474 1,160,466 7,439.157 7,431.716 Scholarships, l)ursaries and other awards were paid to 136 pupils {2024-1571. Within this. means- lesled bursaries and scholarships tolalling £617,484 wère paid lo 59 pupils 12024= £714,114 to 59 pupils). 3. CHARITABLE ACTIVITIES- ANCILLARY TRADING INCOME 2025 2024 Pre- and After-school educational supeNlsbn Entrance fees and registration fees Fees in lieu of notice and late payment eharges Pupil transport Commlssions and olh8r income 54,526 11,550 71,387 80,356 309.566 57.450 11.400 30,851 83,388 293,029 527,385 476,118 4. INVESTMENTS- INVESTMENT INCOME 2025 2024 S¢¢urltles Investment Income Equities 10.392 10,534

THE PETERBOROUGH SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST2025 5. INVESTMENTS - BANK AND OTHER INTEREST RECEIVABLE Total 2025 Total 2024 Unrostrlctad Restrlcted Bank inleresl Other interest 120,061 42 16 120,077 42 130,054 120.103 16 120,119 130,054 6. OTHER- GRAMTS AND DONATIONS Total 2025 Total 2024 Unrostrlcted Restrlcted Development grants and donations The Westwoodians, Association The Peterborough School PTG Other donations 579 2,524 2,666 3,197 579 2.524 2.666 3,197 701 10.500 20,000 510 8,966 8,906 31.711

THE PETERBOROUGH SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 ANALYSIS OF EXPENDITURE al Total expendlture Staff Costs Inotg 91 Othèr Costs Dopreclatlon {noto 121 Total 2025 Total 2024 Costs of raising funds Financing costs Inole 81 Investment management fees 165,494 4,432 165,494 4.432 116,448 4,330 Total costs of raising funds 169,926 169,926 120,778 Charllable expendlture Educatlon and grant maklng: Toaching Welfare Pr¢mises School adminislralion VAT backclaims and partial exemption adjustment 4.637.225 461,933 227,581 503.790 467,313 291,590 694,893 549,120 1205,3831 59,356 5.163,894 5,055,142 753,523 774,234 1.128,506 1,093,501 1.057,982 974.996 {205.3831 206,032 5,072 5.830.529 1,797.533 270.460 7.898.522 7,897,873 Goveman¢e costs 62,129 62,129 23.945 Educatlon and grant making 5,830,529 1,859,662 270.460 7,980,651 7,921,818 Total Expendlture 5,830,529 2,029,588 270,460 8.130.577 8.042.596 b) Total expenditure includes.. The PeterbDrough School Limited reimburses Govemors for oul-of-po¢kel expenses including Irav&l subsistence and accommodation, ￿ere a claim is made. None12024'. none) of the Govemors were reimbursed expenses during the year. 2025 2024 Ramungration paKI lo auditor for aud￿ servlces D8precialion of tangible fixad assets lall owned) Opgratlng lease rentals= Land and buildings Other assets 21.454 270.460 21,600 242,855 100,807 64,073

THE PETERBOROUGH SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 FINANCING COSTS 2025 2024 Bank interest Bank charyes Provislon for bad and doubtful debts Other ￿SIS 14,376 3,134 107,919 40,065 28.425 3,375 60.246 24.402 165.494 116,448 9. STAFF COSTS 2025 2024 The aggregate payroll costs for the year w8re= Wages and salaries Social security costs other pension costs Private medical insurance 4,705,550 532,794 583,769 8,416 4.667.205 468,892 597,827 6,301 5.830.529 5.740,225 Included in staff costs are Tedundancy payments totalling £6.300 {2024'.nill. None of the Govemors received remuneration or other benefits from The Peterborough School Limited or from any connected body. The Head and Bursar are classed by the School as being the Key Management Personnel. 2025 2024 Aggregate employee benefits of Key Management Personnel including 8mploy8rs' Nl 294.728 270,560 The number of hlgh&r pald employees whose annual emolumenls lexcludlng employer penslon costs) W9re £60.000 or more was.. 2025 No 2024 No £60,001- £70.000 £80.001- £90,000 £90.OD1 £100,000 £130,001- £140,000 £140,001- £150.000 3S

THE PETERBOROUGH SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST2025 2025 2024 The employer penslon contributions for higher paid employe8s whose annual emoluments (excluding employer pensSon costs) were £60,000 or more 97.743 84,178 The average monthly number of employees during the yoar calculated on a head count basis was as follows.. 2025 2024 Teaching Teaching support Nursery Welfa Premises Administrative support 67 26 21 24 11 13 72 25 21 24 11 13 162 166 Full time equivalent 135 135 10. DIRECTORS None of the directors lor any persons connected with them) recenfed any rgmuneralion or reimbursed expenses during the year. All othar Snterests are conducted on nom)al commercial terms. 11. TAXATION The company is a registered charity and therefore no liability to corwralion taxation arises on its charitable aclivilies.

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THE PETERBOROUGH SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 13 INVESTMENTS Totsl 2025 Total 2024 At 1 September 2024 New money invested Reinvested income Investment management fees IDecreaseylncrease in value of investments 337,377 18,088 282 14,4321 319,976 14.3301 5,381 20,888 At 31 August 2025 345.934 33Y.377 Invgstmonts comprise: Llsted Investmènts Equities 325,604 335,757 Cash 20,330 1.620 At 31 August 2025 345,934 337,377 The investments are rnanaged for The Peterborough School Limlled by Vartan Ravenscroft. All investments are managed and held in the UK. The following investrnents constilule over 50/0 of total market value.. 10,750 FIL Inv Svcs UK Global 6,250 Lindsell Train Ltd Global Equity B 2,850 Royal London UTM UK Equity 25,QOO Ralhbone Unil Trust Elhic81 Bond 9,300 Unicorn Asset Management UK Income 1,400 NB Privata Equity Class A Ordinary 6,750 A8gon AM UK Ethical 8,800 Premier Portfolio UK Mulli Cap 4,800 RLUM Limited RL Sust Leaders Trust 38

THE PETERBOROUGH SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 14 DEBTORS 2025 2024 School fees recelvable Reserva for bad and doubtful dobls 434.173 175,740 258,433 32,082 205.103 191,635 108.700 82.935 58.407 142.225 Other debtors Pr8paymen15 and accrued income 495,618 283,567 15. CREDITORS.. amounts falllng duo wlthln one year 2025 2024 Bank loans and overdrafts DeposSls from parents Fees received from parents in advance Trade creditors Taxation and social security Other creditors Accruals 133,256 18.520 1,271,562 324,942 297.502 247.330 115,810 180.607 17,425 908.642 227,935 108.647 115,640 47,985 2,408,922 1,606,881 Summary of movamonts In dofarred Incom Balance 8t 1 Septembèr 2024 Additional amoun15 deferred Amounts transferred to SOFA in the year 908,642 1,271,562 {908,6421 Balanca at 31 August 2025 1.271.S62 Deferred income arises due lo school fee invoices for the Autumn term being issued and applied to the fees ledger prior lo the year end. The income that relates lo the following lemi is deferred until the term lo which the income relates. 39

THE PETERBOROUGH SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 16. CREDITORS: amounts falllng due after one year 2025 2024 Bank loans and overdrafts Deposits from parents 133.195 172.219 167,960 167,960 305,414 Parents pay lo the School a deposit in advance Icurrenuy £400 for the School and £200 for the Nursery). The money may be Telurned subject lo specific conditions on the receipt ofone term's notice. Assuming pupils all remain in the School (which the vast majority do based on historical informalionl, refundable deposits will be applied as follows.. 2025 2024 After 5 years Within 2 10 5 years Wilhln 110 2 years Due after more than one year Within 1 year 89,760 56,600 21,600 167,960 18,520 96,830 63,302 12,087 172,219 17,425 186,480 189,644 17. BANK LOAN 2025 2024 The bank loan is repayable by instalments Due within 2 10 5 years Duo wlthin 110 2 years Due after more than one year Duè within 1 year 133.195 133,195 180,607 133,256 133,256 313,802 The PeterbDrough School Limited has a bank loan from Barclays Bank Plc. The loan is secured by a legal charge over selected freehold propety and a debenture al a rale of Interest of 2% over basg rale and is repayable over a term ol len years. 40

THE PETERBOROUGH SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 18. COMMITMENTS UNDER OPERATING LEASES The future minimum commitments under non-¢anGellable operatlng leases are.. Land and buildings 2025 2024 Other 2025 2024 Within 1 year Between 2 and 5 years 81,772 199,821 70.177 130,650 281,593 200.827 19. FUNDS The Pelerborough School Limited's fvnds are anatysed under the following heodings= al RESTRICTED FUNDS Speech Day Prlzes The Elisabeth Litde Prize Fund consists of a trust fund sel up by an IndlvSdual tjonor for the purpose of providing income for speech day prizes. The 14th Nene West Town Scout Group In recognition of their use of school facilities, the 14th Nene West Town Scout Group donated £500 lo the Preparatory Department in the year ended 31 August 2024. This donation has been used towards a mud kitchen purchased in October 2025. The Westwo¢xllan$' Assoclatlon The Westwoodians, Association donated £1,569 for addttional curtains in the main hall and £955 towards items for the 6th fomi common room. The Parent Teachèr Gulld During the year the Parent Teacher Guild donated £604 for leather bookmarks lo commemorate the opening of the prep schoDI library, £800 towards the 6th form prom, £643 lowards the Year 6 leavers grfts and £619 for sensory equipment for the Indmdual Learning department. PE Team Klts During the year sponsorship was receivod from Mr Feery (£600} and Peak Governance1£2,5971 for PE Team klts. Tho Glvlng Tree The Giving Tree is an on-going sthool development programme appeal. Surplus lunds raised in the year have been allocated to the Preparatory Department Year 1 classroom refurbishment project. Transfers made out from restri¢ted funds to unrestricted funds in the year represent capllal 8xpenditure incurr8d. This expendllure is in line w6th the restrictions on the rolgvanl funds. b) UNRESTRICTED FUNDS Unreslricled funds represent accumulated income from the school's activllies and olher sources that are available for the general purposes of the School. 41

THE PETERBOROUGH SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 20. ANALYSIS OF NEf ASSETS BETWEEN FUNDS Total 2025 Total 2024 Unrestrlcted Rostrfcted Tangible fixed assets Securities investments Nel current assets Long term liabilities 6,450,389 345,934 853,709 1167,9601 6.450,389 345,934 854,609 1167,9601 6,497,270 337,377 909.292 {305,414} 900 7,482,072 900 7,482,972 7,438,525 Total 2024 Total 2023 Vnrestrlcted Restrlcted Tangible fixod assets Securities investments Net current assets Long term liabilities 6,497,270 337,377 908,392 (305,4141 6,497,270 337,377 909,292 305,4141 6.225,490 319,976 1,254,950 1500,0371 900 7,437.625 900 7,438.525 7,300,379 21. SUMMARY OF MOVEMENTS ON MAJOR FUNDS At1 S•ptombor 2024 At31 Au9U$t 2025 Incomè Expgndlture Transfers L05se5 R•stricted Funds Ellsabeth Litue Prfze Fund 14° Nena W85t Town Scout Group The Westwoodians, Associatlon -The PTG PE T88m lfjts The Giving Tree 400 16 1161 400 500 500 2,524 12.5241 12,6661 13,1971 2,666 3,197 579 15791 900 8,982 18,403) 15791 900 Unrnstrlctgd Funds Genera1 Reserve 7437525 8 171.423 8 122,174 579 7 481972 Total Fund$ 7.438.425 8,180,405 18,130,5771 15,3811 7,482.872 Note 19 provides details of the individual funds. 42

THE PETERBOROUGH SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 22. CAPITAL COMMITMENTS Al 31 August 2025, the company had capital commilmgnts as follows: 2025 2024 Expenditure conlraGted for bul not provided in the accounts £Nil £NII 23. PENSION SCHEMES The School runs a ¢Jofined contribution scheme for its leaching Staff and two defined contribution schemes for ils non-lea¢hing staff. The cost for the year represents the School's ¢onlribulions to the schemes of £583,76912024.. £S97,8271. 24. ULTIMATE CONTROLLING PARTY The Woodard Corporation Limited Is the ultlmale controllSng party, a reglstergd charity number 1096270, which is incorporated in England and Wales. Copies of the financial statements of The Woodard Corporation can ￿ obtained from High Street, Abbots Brornley, Rugeley, Staffordshire. WS15 3BW. The ac¢ounls ofThe Peterborough School Limited are included within the consolidated rinancial statements of The Woodard Corporation Limited. 25. RELATED PARTIES As ststed in note 24, The Petgrborough School Limited is a wholty owned subsidlary of The Woodard Corporatlon. An amount of £55,004 12024: £50,341) was paid during the year to The Woodard Corporatson by way of a levy lo meet runnlng costs. No pupils {2024'. 151 attended the Chapel Choir Voices of Woodard Weekend. This weekend is where our choir joins forces with other Woodard Schools for singing and so¢ial aclivilies. although il did not take place in the year ended 31 August 2025 The Woodard Corporation Charged The Pelerborough S¢hool £nil 12024.. £7501 for attending this event, whith was recharged lo partlClP8ting pupils. Remlssions of £10,82712024.' £8.546} were awarded to chlldren of Governors where the qualifying Tlteria applied. 26. ACCOUNTING ESTIMATES AND JUDGEMENTS In preparing tho finan¢i81 slalements, the directors arg required lo rnake èstimates and judgements. The matters detslled b8low are considered to be the most important in understanding the judgements that are involved in preparing the financial statements and the uncertainties that could mpacl the amounts reported in the results of operations. financial posluon and cash flows. Accounting policies are shown al note 1 to the financial statements. Provision for bad debts Debts are provided lor if not recovered within one term. Estimoling amounts lo provlde against recovery of debts is a matter ofjudgemenl. Depreciat￿n, impairment and resldual value of fixed 8ssets Judgement is exercised in estimating the residual values of fixgd assets, the selection of appropriate rates for deweciation and for matters of impairment. 43

THE PETERBOROUGH SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2025 27. RECONCILIATION OF NET INCOME TO NET CASH GENERATED FROM OPERATING ACTIVITIES 2025 2024 Net incomel{expendtturg) for th& year las pèr the statemgnt of flnanclal actlvltles) 44.447 138,146 Adjustments for: Depreciation charges LossesllGalnsl on Investments Dividends and interest from investments Financing costs Decreaselllncreasel in stocks Decrease in debtors Increase in creditors 270,460 5,381 1130,5111 165,494 , 2,837 {217,9271 845.428 242,855 120,8881 {140,588} 116,448 11,758} 122,344} 48,687 Net cash genoratod from op•ratlng actlvltlos 985.609 360,558 ANALYSIS OF CASH AND CASH EQUIVALEMrs 2025 2024 Cash al bank and in hand 2,763.553 2,225,409 Total cash and cash equlvalents 2.763.533 2,225,409