C1441ITy c9HHI￿r*
REGISTERED COMPANY NUMBER: 01294875 (England and Wales)
REGASTERED CHARfTY NUMBER: 273015
REPORT OF THE TRUSTEES AND
AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
FOR
THE DAIGLEN SCHOOL TRusf IJMITED
Caton Fry & Partners Limiled (Statutory Auditor)
E55ex House
7-8 The shrub￿]es
George Lane
Sothh Woodford
London
E18 IBD

THE DAIGLEN SCHOOL TRUST LIMITED
CONfENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR EF4DED 3] AUGUSI 2025
Page
Report of the Trusteos
I to 10
Re￿￿rt of the IndepeDdent Audltors
11 to 13
ststemelli of FlllaDclal Actlvldes
14
B*lall¢e Sbeet
15 kn 16
Cash Trlow Stst¢m¢nt
17
Nolu to the Cash Trloiv Ststemellt
18
Notes to tbe Finaneial StstemeDts
19 to 29
Detsiled Statement ofFinan¢fial Activities
30

THE DAIGLEN SCHOOL TRUST LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
The Governo￿ of The Daiglen School presenttheir annual report and audited accounts for the year ended 3 1st
August 2025 and confim that they comply with the requireinents of the Chariii¢s Act 2011, the Companies
Act 2(K)6, Chariti¢s SORP (FRS 102) 'Accounting and Reporting by Charities: Stal¢m¢nt of Recommend¢d
Practice applicable to charili¢s prepwing their accounts in accordance with the Financial R¢porting Standard
applicable in the UK and Republic of IrelaT)d (FRS 102) (effective l January 2019),, Financial Reporting
Standard 102'The Financial Reporting Standard applicable in the UK and Republic of Iveland, and the sch¢)ol's
governing document.
The Daiglen sch￿)1 Trust Limited was incorporated in 1977. It is a company limited by guardnt¢¢: t
liability of the members is limited by guarantee, and limited to the amount of £1 in the event of the charitable
COTnpany being wound up.
OBJECTIVES AND AcrtvrriES
Objectives and aims
OUT Aims
The school operates under a Charitable TnJs¢ incorwrated as The Daiglen School Trust Limited, on 19th
January 1977.
The objects of the school, as set out in the Memorandum and Articles dated 19th January 1977 are to promote
and provide for the advancement of education, and in connection therewith to conducl cany on, acquire atKI
develop in the United Kingdom any boarding or day school or sch(KJls for the education of children of either
s¢x or both sexes.
We Aim to provide a first Cl￿ iTrJependent educaiion for knys and girls from the ages of 3 to I l. We aim lo
achieve this ix)th through strong academic tuition and through developing wider sportin& artistic and socia]
Skills in all our pupils. This is intended to provid¢ an environm¢nt wh¢r¢ each pupil can develop and fulfil his
or herpotentia], thusto help build self-confidence and en¢ourage a d¢sire Éo contribute to the widercommunity.
We also airn lo provide before and after school care for those needing this facility. &s well &$ IK)liday clubs.
In June 2025, The Independent Schi)ols Inspectornte (ISI) completed an inspection of the school and found the
school to be compliant in all a￿a$ and'Excellent' in both assesstnents of educaiional quality.
Our objectlve8
Our objectives are set to reflect our educ￿lOnal aims and the ethos of the school. It is irn￿rtant to us that we
maintain and enhance the acad¢mic su¢¢ess of the school. This objective is. however. s¢1 in the context of the
broader goals w¢ s¢1 for the s¢hool and its pupils.
In setting our objectives and planning our activities our Governors have given careful consideration to the
Charity Commission's general guidance on public benefii and in particular to lis supplementary public benefit
guidance on advancing education and fte-¢harginE.
Our key objectives for the year were to:
- to improve reading and spelling in Early Years and Pre-Prep'
to implemenl the new ￿sesSment sysl¢m across the school and use the system to drive the Upd￿ed
Assessment profile. and
- to rnaintain healthy pupil numbers across lh¢ s¢hool.
Page I

THE DAIGLEN SCHOOL TRUST LIMrrED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
oBJE￿IVEs AND ACTIvrriES
Our Strategy
Our GovernoTS are responsible for setting a strate&v for ￿h]eVing the objectives they have set. In taking
forward rhe strategy w¢..
- Sel a Govemors, Development Plan"
Review 2nd benchmark the schwl's academic syllabus. teaching practices and examination tEsuIts-
Inv¢st in technology and the infrastructutE of the school:
Mak¢ availabl¢ our facilities to the local community wh¢r¢ver practical= and
- Continue to review and develop our methods for awarding bursaries and scholarships and ensur¢ that these
are adequately funded, in order to ensure wider access to pupils from all backgrounds.
Strategies to achieve the year's objectives
In order to impTove reading and spelling in Early Yeajs and Pre-Prep, all staff re￿iVed relevant tiaining in
new reading scheme before implemeJ)latioffj parents received training in the forni of workshops and support
from teachers as the ￿heme was implemented and all staff were able lo familiarise themselves with specific
resources related to the new scheme.
In order to itnplem¢nt the new assessment system across the ￿h0o[ and use the system to drive the &ssessment
profile. new materia]s w¢tE filed, the &55essments were run a￿1 th¢ impactleffectiveness of data w&s reviewed.
To maintain healthy pupil numbers across the ￿h0O1. following the removal of the VAT exemplion for
education provided by private school from Isi January 2025, the Sch￿1 sought to maintain excellent
communication with paTents regarding any ¢on¢erns and applied a discount to fees in respect of the Spring and
Summer tern)s. The school continued to host open mornings as well as conducting individual tou￿ and
maintained good social media presence.
Our ethos
The Daiglen School is a charitable trust which seeks to benefit the public through the pursuit of its stated aims.
Our fees are set at a level to achieve those aims and ensure the financial viability of the school.
The school welcomes applications fro￿ atl pupils regaMle5s of rdce. religion sex and disabilities.
Prospeciive parents of Nursery ehildren are invited to bring their child to rneet the Nursery staff during th¢
tern) before they are due to start atthe schoDI at which time new pupils will spend a short while in the Nu￿ery
class. Pupils joining the s¢hool in the Reception class are invited to join their teacher aTrJ the class for
settling in session. Enty higher up th¢ S¢hool is subject to an as5essm¢nt visit day.
The school provides parents with regular inforTnation about their children's s(Kia] acad¢mic prwess.
Inforn)ation is provided at parents, evenings and in end-of-ternj reports. The year-end rewrts provide greater
depth in respect of a child's social and acadetnic progress. During the school year. inforniai contact is
maintained with parents.
The sclN)ol holds an annual Speech night in whi¢h scholastic and ¢(￿CUrrIculuM achievements are celebrated
with awards.
The sch(x)l is eommitted to safeguarding and promoting the welfare of our pupils and expects all staff and
Governors to share in this commitment.
The school continued to focus on Wellbeing with events and aclivities held to mark #Helloyellow Day (young
minds), Anti-Bullying week, Children's Mental Health. Express Yourself Career Day and mindfulness Club.
Pag¢ 2

THE DAIGLETrI SCHOOL TRUST LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2O2S
We value the unique talents of ev¢ry pupil and aim to instil in them a love of learning which prepares them for
the opportunities, responsibilities and experiences of life. We believe that nurturing the socia] and emotional
development of our pupils will provide the foundation for their future happiness and su¢¢ess both person211y
and ￿adeMiCally. We aim to enhance and enrich our pupils, persor]a]. social. CTeative, a¢ad¢mic and physi¢al
development in order that they become confident. independent and responsible citizens who show kindn¢ss
and consideration to others and contribute positively lo society.
The school is an equal opwrtunity organisation and is committed to a working environment that is free from
any fonn of discrimination in respect of any of the nine protected characteri5tiC5 defined within the Equalities
A¢t 2010. The school will make reasonable adjustmenls to meet the needs of pupils or staff who have
disabilitie5 covered by the Disability Discrimination Act 1995.
Our policies
Scbolar5bips and Bursarie5 Policy
The Govemors have weed to maintain a Bursary reserve of £50.000. Scholarships and bursaTies are offere
to children aged 7 plus. Fillanci￿ awards will Ee given to pupils deemed to have the academic potential to
become a s¢holar and to those whose parents would othenvis¢ not be able to afford a place in order to ensure
acC￿S to the education we provide is not restricted to those who can afford a fee-paying place.
Means T&sted Bursaries
The school is a registered charity administered by a Board of Trnstees who sel &side a bursary fvnd to help
children who are likely to benefit academically from the education offered by the school whose parents have
palpable difficulty in meeting the fees. The Bursary fund offers means-tested bursaries, within certain limits,
to children whose families require financial assistance. The school is an inclusive community that encourages
applications from pupils from a diverse range of backgrounds and cultures. Candidates for a bursary will be
expected to sit an interna] assessment lestto demonstrats their ability to contribute to aThl thrive in the school's
educational environmeni, and io benefit from the education that the school provides.
Parents of children who are already at the school may apply for a bursary if there is significant change in their
circumstances which could not Teasonably have been foTeseen at the time of enlry into the school. In such
cases, bursaries would not nornialty be approved until the pupil has completed two academi¢ years at the
school. When considering such applications, account will a]so be taken of a report on the pupil's contribution
to the life ofthe school and ofihe pupil's progres5 as well as the change5 in the wents, financial ¢Arcumstances.
The school reeognises that it has a duty to ensure that any financial support offered is well focussed and
iargeted towards those most in need. All bursary support is iherefore means-tested annua]ly and the level of
support may reduce. or even end. following a change in financial circumstances. All awards are subject to
th¢ s¢hool's ability to fund them within the context of its over￿1 budget and cannot therefore be guaranteed.
Scholarships
Th¢ school awards an academic s¢hol8nhip to children deemed to k pofrntial scholars and is not subject to
means leslin& A scholarship for achievement or potential in the ¢reativ¢ arts of th2m4 music, da￿¢ and art
may also be awarded to a suitable candidate.
Success￿] candidates will be expected to completetheir preparatory education at ihe school, uphold the values
ofthe school and be a good example to others. The Governors reserve the righi to review the scholarship award
if a pupil's conduct or achievement fa]Is short of expected standards.
The Governors awarded one IOO/D ￿h01?￿Ship, two 12.50/0 Scholarships, and three 25010 scholatships &s well as
one l Oooh bursary during the year. This brought the total amount offered by the s¢hool in financial awards to
£26,729.
Page 3

THE DAIGLEN SCHOOL TRUST LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
The Governors regularly review the bursary and scholarship provision th the school and the availability of the
provision is advertised on the Sch(K)I's website aThJ publicised al open momings held for prospective parents.
The school engaged the seTvices of a bursary advisory company to cany out independent 8swsment and
make recommendations in respect of bursary 4)pli¢alions.
ACHIEVEMENTS AND PERFORMAI¥CE
Review of Activities and Aehievements
Pupil llumbers and fees
Despite the continuing cost of living Crisis and the remova] of the VAT ¢xemption from education services
provided by private schools. thfflt were 116 pupils on roll.
Fees are calculated on budgeted expenditure to ensure the continued Successful running of the school.
Given the increased cosis associated with the running of ihe se1￿01, the all-inclusive school fees for the
academic Ye￿ 2024125 were r¢vi¢w¢d and inctrased to £4,208 per term for Nursery and Reception, £4.436
per lern) for Year l and Y¢ar 2 and £4,553 per terrn foT Year 3 to Year 6. before the deduction of any bursaries
or schOla￿hlps.
The school once agdin pat1icipated in ei)mp￿itiOnS. Pupils represented the school in the Brentw<x)d Sch(x)I
Science Competition and in the Bancrofts, Science Fair. Pupils in Year 6 also competed in the Primary Maths
Challenge and the ISA Essay Writing Competition.
Cfr¢urrlcular a¢tlvltle8
In the year under review. the school offered a varied range of extra-cthyicular Clubs.
Sport
The school competed against other schools with pupils given opw>ttunities to represent the s¢hool in ev¢nts
such as football. netba]1, lag rugby and athletiC5. Th¢ sthool ti)ok part in the ISA regional cross county heats.
Tbe Art$
The Arts continued io have a high profile within the school. Pupils entered the EppingFI)restDistri¢t CowKil
ChTiStmas card competition and took part in a Friends of Daig]en Eco Fashion Show.
In dramatic Arts, pupils ¢njoyed visits from Rock Kid4 and took part in productions celebrating Harvest
Festival. christm￿ and E&ster. In additio￿ pupils in Years 2 to 6 enjoy¢d succe55 in the public LAMDA
examination5. Year 5 and Year 6 pupi15 a150 took part in a Summer musi￿1 production.
Years, 4, 5 atwj 6 pupils took part in the Young Voices Concert at the 02.
Residential Trip5
Year 5 pupils enjoyed a three day residentia] trip to Manor AdVent￿e and Year 6 a week at Bawdsey Manor
Adyenture Centre in Suffolk.
Comn)llnity Servfiee
The Daigl¢n pupils, parents and staff continued to raise funds for Charitable causes. dOn￿]ng a total of
£2.419.50 to chatities with a planned programme of fund-raising events including class fijnd raising days.
The totsl amount rdised for charity in the year under review was £3.367.50.
As a small preparatory school set in a period hous< the school has limited facilities Suitable for use by local
community groups. During the year, the school did not receive any applicaiions lo use the school's facilities.
The Trustees would consider providing local community groups with a¢¢ess to the school's facilities upon
appli¢ation. if practicable to do so.
Page 4

THE DAIGLEN SCHOOL TRUST LIMrrED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
The sclM)ol Community collected and donaied items forthe I￿al food bank and school Staff hosted aM&millan
Coffee Morning
FINANCIAL REVIEW
Our FiDaDees
The financial statements show gross incoming ￿oUrceS for the year on school activities of £1,567,469 (2024:
£1,693.178). The principal source of income is school fees accounting for 990/0 of the school's income. The
Governors are continuing their strategy of deploying net incoming resources to investing in edueational
purposes and in the fabric of the school.
As an educational charity, we were. until l November 2024. unable to claim VAT input ta￿ on our costs as we
were exernpt for VAT purposes. We a150 pay tax as an employer throu￿ the nationa] illSUTance contributions
we make.
In addition lo the very substsntial benefits the school brings to our pupi15, the l(Kal community and so¢i¢ty
through the education we offer, our bwsary progr&mrne creates a social a&8et without cost to the Ex¢hequer.
Ruerves and FlnAnei41 Heilth
The Governors regularly review the finances. budgets and actual ¢osts compared with budget &5 part of the
effective stewardship of the ￿h￿l.
The Governors have continued their policy of setting aside substanlial sums into improving the facilities of t]
school and maintsining the fabric to a high standard.
The total reserves of £1,105.229 (2024: £1,064,565) exceed the b￿k value of the fixed &8sets. which stand at
£473.364 (2024.. £517,249), and the charity currently has net current assets of £701,115 (2024: £622,816).
The Governors recogni5e that the level of Generdl Reserves fluctuates during Exriods of lnVeskn￿t in the
s¢hool and Ihea]Tangements with ourbank are in placeto provide an adequaie'safety nev should it be required.
Many of the costs &ssociated with the operation of the school are fixed.
Investment Policy and P¢rfonu4D¢e
The ]naiority of our CU￿￿1 cash reserves are invested with Cambridge & Countie5 Bank and Scottish Widows.
This policy is reviewed regularfy and an in¢reas¢d range of invesln)ents are considered where appropriate to
Éhe school.
FUTURE PL4NS
Our future pl0￿S aTe financed primarily from fee income and from our reserves. The Govemors need to
maintain an equilable balance ensuring our CUTTenl pupils benefit whilst, at the same time. ensuring that
sufficient reserves are set aside to improve facilities forthe next gener￿lon of pupils in the same way as current
pupils benefit from investment made in the p&st.
The Bursary Fund. which ha5 now been in operation for ten years. will be continually under review by the
Governors. Our current aim is to continue to provide sutTicient funds to award a new bwsary in each s¢hoo5
year and to keep the fund at a level of £50,000. The availability of bursaries will continue to be advertised on
the school's website. Jn addition. parents1￿er$ experiencing financial hardship will be made aware of the
availability of bursary support and the process of appIl￿tIon.
The Governots have JEviewed the Repairs Fund and in keeping with their policy of setting aside 5ub5t3ntial
Sums into improving the facilities of the School and maintaining the fabri¢ lo a high standard they have a
to continue the level of the fund at £150.000.
Page 5

THE DAIGLEN SCHOOL TRUST LIMITED
REPORT OF THK TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
FUTURE PLANS
The Board'5 Five Year Strategic Plon, to reviewed on an annual basis. sets out the schools key objectives.
which are:
- lo increase pupil numbers to full capacity
- lo impleTT)ent a MAnag¢ment Development Plan to ensure regular review of leadership and management
- to ensure continuing ex¢ellen¢e of teaching by developing and retaining staff with an effe¢tive succession
planning strategy
to focus Conlinued Professional Development for staff and share best practice in challenging all pupils and
maximising their learning by personaiising learnin& developing thinking skills and collaboration
to ¢ontinue to raise the profile of co-curricular a¢livili¢s giving equal importance to academie and non-
academic
tslents and developing a more creative curri¢ulurn
to continue a rolling pro￿arnMe of enhancing the school's facilities in order lo provide an attractiv<
stimulating and
effective working enviromnent
- to strengthen links and contacts with our feeder schools ond take opportunities to promote and encourage
discussion on entrance procedures
- to ensure our brand and go(NJ reputation is maintained and spread via our website, social media and other
publicity, including COTnmunications with parents
- to develop as an ecfrschi)ol
- to use ICT effectively to enhance learnin& and all areas of school development.
STRucfuRL GOVERNANCE AND MANAGEMENT
Governlng do¢umen¢
The Charity is govemed by its Memorandum and Articles. dated 19 January 1977.
The GovernoT4 who are also the Charity Trustees. a￿ responsible for the overdll management and ¢ontrol of
The Daiglen SclK)ol Ttwst Limited and meet at least once a lerni. The work of implemenling most of their
policies and formulating new policies for consideration at full Governors, meetings is carried out by the
Finance Commillee, Academi¢ Cornmiltee, Premises, Health & Safety Committee And Staff Contracts
Comrnitte( which a]so nornially m¢et at Iwt once a term. The members of these Committees are also
Governors.
The Finance Committee is responsible primarily for setting budgels, fees and salarieg and managing the
School's finances. The Premises. Hea]th and SAfety Committee is responsible primarily for the fftaintenan¢e
of the fabric and grounds and risk monagem¢nt and the Acadernic Committee is primarily responsible for all
edu¢alional and staff rnatter5. The stsff Contracts Committee is primarily responsible foT reviewing staffing
needs and contrdcts of etnployment.
Governing Recrulthient gDd Trolnlng
The Governing Body requitts bre&dth and depth ofexperience to carry out its duties effeciiv¢ly and efficiently.
Where possible the Govwnors ¢onsider that the ski115 aThJ experience of the Board should Comprise the
following..
- Sovneone with & legal background
- Someone with a financiallaccounting background
Someone with educational exFrience
- Someone with experience of project management
- Someone with s¢nior management or business eXperIe￿e
The school's elected Governor5 are appointed at a Meeting of the Board. who tske into ￿COUnt personal
competence and eligibility, specialist skills and loca] availability.
New Governors are inducted into the workings of the school and provided with an inforniation pack
outlininE Board policy and procedures. and Governors, responsibilities. Governors anend iraining seminars in
various a$￿ts of governance, as appropriate.
Page 6

THE DAIGLEN SCHOOL TRUST LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR EI¥DED 31 AUGUST 2025
STRUCTURE,GOVEBNAJ4CE AND LIJAIYAGEMEr(r
Key Management Personuel
The Governors consider that they, together with the head teacher, comprise the Key Management Personnel.
All Governors give of their time freely and no remuneration or expenses were paid in the year. No Governor
or person connected with a Governor received any benefit from ¢ith¢r means-tested bursaries or scholarships
awarded to our pupils. Remuneration of the head teacher is reviewed annually as part of the annual
perforniance review by a Group of Govemors and is recomm¢nd¢d to the Board. A number of criteria are
used in setting pay".
Nature of the role and responsibilities
Competitor sa]aries in the region
- The sector pay for a cornpardble position in the state sector
- Perforniance again￿ objectives
Th¢ Governors intend to ensure that pay for senior roles 15 competitive in resFect of both the independent
school and stste school sector.
Org&Disatlonal Management
The Governors detern)ine the general policy of the school. The day to day rnnning of ihe school is delegated
to the head teacher, supported by the deputy head t￿Cher and the senior management t¢am. The head teacher
undertakes the key lead¢rship role overseeiJ)g educational. pastoral and administrative functions in
consuliation with ihe deputy head and senior management team. The day to day adrninistration is undertaken
within the wlicies and procedures &pproved by the Governors. which provide for only Si￿lficant expenditu
decisions and capital projects to be referred to the Govemors for prior approv￿.
The head teacheroversees the recruitmenl of all 5taffand attend5 Govemors, meeting5. The financial secretary.
who pr¢par¢s the tennly Jnanagement accoun￿ attendsthe finance committee ]neeting5. The school manager
attends all premises. healih & safety committee meetings.
Risk manag¢ment
The Governors are responsible for overseeing the risks faced by the school. Detailed consideration of risks is
undertaken by all Committees and the full Board. Risks are identified, assessed and controls established
throughout the ye8J. A fonnal review of the school's risk assessment pr>licy is undertaken on an annuai basis.
The key controls used by the charity include:
- formal agendas for all Committee and Board activity.
detailed t¢rn)s of reference for all committees-
- Comprehensive strategic plannin& budgeting and management accounti
established organisational structure and line5 of reporting*
formal written policies;
clear authorisation and appToval leve15- and
- vetting prC￿edureS as requiTed by law for the protection of pupils.
Through the risk management processes e￿abliShed for the Sch￿1. the GovemoJ3 are satisfied that the major
risks identified have been adequately mitigated where necessary.11 is recognised that systems can only provide
reasonable but not absolute Lssurdnce that major risks have been adequately managed.
Pag¢ 7

THE DAIGLEN SCHOOL TRUST LIMITED
REPORT OF THE TRu￿EEs
FOR THE YEAR ENDED 31 AUGusf 2025
REFERENCE AND ADMINISTRATTVE DETAIIS
Registered Company Dumber
01294875 (England and Wales}
Registered Charity number
273015
Registered offr￿e
Essex House
8 The Shrubberies
Geotge Lane
South Wix)dford
London
E18 IBD
Tru5¢ees
Mrs S Barnes
MTS C J Doughty
MT N Y White
MTS S R Stride
Mrs A L Dowling (resigned 31.8.25)
MrGELee
MrsCFBury
Mrm P Clarke
Mrs S Strong (appointed 25.9.25)
Head Teacher
Mrs P Dear (until 31.08.2025)
Mrs C Murdoch {from 01.092025)
CompaDy Setretary
ditors
Caton Fry & Partners Limited (Statutory Auditor)
Essex House
7-8 The Shrubberies
George Lane
South Woodford
London
E18 IBD
Bankers
Barclays Bank
Loughton & W(thford Branch
33 The Broadway
Wo(Klford Green
Essex
IG8 OHJ
Pag¢ 8

THE DAIGLEN SCHOOL TRUST LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
REFERENCE AND ADMINISTIL4TIVE DETAILS
Solieitors
Coldham Shield & Ma¢e
123-127 Station Road
Chingford
London
E4 6AG
Insurance Brokers
Marsh Brokers Ltd
Education Prdctice
Capital House
1- S Perrymount Road
Haywards Heath
West Su55ex
RH16 3SY
Webslte
www.dai
lenschool.co.uk
STATEMENT OF TRusfEES' RESPO1YSIBIL￿[Es
The trustees (who are also the direetors of The Daiglen School Tn]st Limiled for ihe purposes of company
law) are responsible for preparing the Report of the Trustees and the financia] statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted AccouT)ting
Practice) including Financial Reporting Standard 102"The Financial Reporting Standard applicable in the UK
and Republic of Ireland"
Company law requires the truslees to prepare financial stafrments for each financial year. Under thal law, the
trustees have elecied to prepare ihe financial statemems in accordance with United Kingdom Generdlly
Accepted A￿Ollnting Practi¢e (United Kingdom Accounting Standards and applicable law)-
Under company law th¢ trustees Jnust Ttot approve the financial staternents unl¢ss they are satisfied that they
giv¢ a true and fair view of the stste of affairs of the charithble company and of the in¢oming resources and
application of resources. including the incom¢ and expenditure. of the charitable ci)mpany for that period. In
preparing those financial stalements. the trust¢¢s are required to
select suitsble accounting policies and then apply th¢m consistently.
observe the mdhods and principl¢s in the Chariti¢s SORP.
ake judgements and estimates that are rea￿nable and pnjdent.
prepare the financial statements on the going concern basis unles5 it is inappropriafr to presuTne that the
charitable Company will continue in b￿]neSS.
The trustees are responsible for keeping proper accounting records which disclose with reasonable a¢curacy
at any time the financial w)sition of the charitsble company and to enable theTn to ensure that the financial
staternents comply with the Companies Ad 21)06. They are also responsible for safeguarding the assets of the
Charitable company and hence for taking Teasomble steps for the prevention and detection of fraud and other
irrcgularities.
In so far as the irustees are aware:
there is no relevant audit infomiation of which the charitable compangs auditors aTe unaware" and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
audit inforniation and to establish thal the auditors are aware of that inforniation.
Page 9

THE DAIGIEN SCHOOL TRUST LIMrfED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
STATEMENT OF TRUSTEKS, RESPONSIBILITIES- eonllnued
AUDITORS
The auditojs. Cason Fry & Partn¢rs Limited (Statutory Auditor), wrll be proposed for re-apwintment at the
forth¢oming Annual General Meetin&
This report has b¢en prepared in accordance with the S￿claS provisions of Part 15 of the Companies Act 2006
relating to small companies.
Approved by order of the Erf)ard of ￿Stee5 on 20 May 2026 and SI￿)ed on its behalf ty:
Mrs S Barnes . Trustee
Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE DAIGLEN SCHOOL TRUST LIMITED
Opinio
We have audited the financial statements of The Daiglen Sch(K)l Trust Limited (the'ch8ritable company,) for
the year ended 31 August 2025 which comprise the Statement of Financial Activities. the B￿art¢e Sheet. the
Cash Flow Statement and notes to the financial statements, including a sumtnary of significant accounting
policies. The financial reporting framework that kn been applied in their preparation is applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted A¢¢ounting Practice}, including
Financial Reporting Slandard 102 'The Financial Reporting Standard appIl￿ble in th¢ UK and Republic of
Ireland,.
In our opinion the financial statements=
give a true and fair view of the state of the charitable company's affairs as at 31 Augwst 2025 and of its
incorning resources and applicalion of resources, including its income and expenditur¢. for the year then
ended;
have i*en properly prepared in accordance with Uniled Kingdom Generally Accepted Accounting Praciic4
including Financia] Reporting Standard 102 The Financial Reporting Standard applicable in the UK and
Republic of Ireland,; and
have been prepared in accord8J]ce with the requirements of the Companies Act 2006.
B*8ls for opinion
We ¢onducted our audit in accordance with International Siandards on Auditing (UK) OSAS (UK)} and
appli¢abl¢ law. Our resp)nsibilities underthose standards ar¢ further described in the AuditOTS' responsibilities
for the audit of the financial statements section of our report. We are ind4)¢ndent of the charitable company
in accordance with the ethical requirements that are relevant to our audit of the financia] ststemenls in the U
including the FRC'S Ethical Standard. and the provisions available for small entities, in the circumstances set
out in note 18 to the financial statements. &nd we have fijlfilled our ￿her ethical responsibilities in accordance
with these requirements. We believe th￿ the audit evidence we have obtained is sufficient and appropriale to
provide a basis for our opinion.
Conclusions relating to going CODeern
In audiiing the financial stateTnents, we have concluded that the t￿￿tees, use of the going concern basis of
ac¢ou))ting in the preparation of the financial St￿ments is appropriate.
Based on the work we have p¢rforni¢d. we hav¢ not id¢ntified any material uncertainties rtlating to events or
conditions that, individually or coll￿tivelY, may ¢&st significant doubt on the chatitable company's ability to
continue &8 a going concern for a period of at least twelve months from when the financia] statements are
authorised for issue.
OUT responsibilities and the responsibilities of the tnjstees with respect to going concern are described in the
relevant sections of thi5 rep)rt.
Other illforniation
The Irustees are responsible for the other infonnalion. The other inforniation comprises the information
included in the Annual ReptsrL other than the financial statements and our Report of the Independent Auditors
thereon.
Ovropinion on the financial statementsdoesnot coverihe ￿her inforniation and, excepttothe extent otherwise
explicitly slated in our tEporL we do n(rt express any forni of asswance wnclusion thereon.
In ¢onn¢¢tion with our audit of the finan¢ia] statements. our ￿sPonsIbl11ty is to read the other infomiation and.
in doing so. Consider whether the other information is snaterially inconsistent with the financial siat¢ments or
our knowledge obtsined in the audit or oth¢rwis¢ appears to be materia]ly misstated. If we identify such
material inconsistencies or apparenl materia] misstatements, we are required to determine wh¢th¢r this gives
rise to a material rnisstatement in the financia] statements themselves. If, based on the work we have perfonne
we conclude that there is a material misstatement of this other inforniation, we are required lo report that facL
We have nothing to report in ihis rewd.
Pagell

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE DAIGLEN SCHOOL TRUST LIMITED
Matters on which we are required to report by exception
We have notliing lo report in respect of the following matters where the Charities (Aecounts and Reports)
Regulations 2008 requires us to report to you if, in our opinion..
the inforniation given in the Report of the Trust¢¢s is inconsistent in any m￿er121 respect with the financial
slalements. or
the charitable company has not kept adeqU￿e accounting record5- or
Ihe financial statements are not in agreement with the accounting records and retums., or
we have not received all the inforniation and ¢xplanations we requiTe for our audit.
Responsibilities oftrustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees {who are also the directors
ofthe charitable company for the purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied that ihey give a true and fair view, and for such infrrnal control as the trustees
detemiine is ne¢essary to enable the preparation of financial statements that are fre¢ from rnaterial
misstatemeni, whether due to fraud or ermr.
In preparingihe financial staternents, the trustees are responsible for &ssessingthe charitsble company's ability
to continue as a going concem, disclosin& &8 applicabl< matters related to going concern and usinglhe going
ncern b&sis of accounting unless the trustees eitheT intend to liquidate the charitable ¢ompany or to cefjs¢
operations. or have no realistic alternative but to do so.
Our responsibilities for tbe audit of tbe fiDan¢io1 statements
We have been appointed as auditors under Se¢tion 144 of the Charities Act 2011 and report in accordance with
the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assutznce about whether the financial statements as & whole are free
from material misstaternenL whether due to fraud or error, and to issue a Report of the Independent Auditors
that includes our opinion. Reasonable &8surallce is a high level of assurance, bui is not a guaranlee that an
audit conducted in accordance with ISAS (UK) will always detect a material misstaternent when it exists.
Mis5tstements can aTise from fraud or ermr and are considered rnateri￿ if. individually or in the aggregate,
they could reasonably be expected to intluence the e¢onomic decisions of usets tsken on the basis of thes¢
financial statements.
The extent to which our procedures are capable of detecting irregularilies. including fraud is ddailed below:
- the nature of the charity and private sch(K)I sector. control environment and charity perforniance"
results of our enquiries of management, about their own identification and assessment of the risk8 of
irregulariti¢s',
identifyin& evaluating and complying with laws and regulations and whether they were aware of any
instances of non cornpliance-
detecting and responding to the risks of fraud aTrl whether they have knowledge of any ￿￿al. susp¢¢t¢d or
alleged fraud.
- the matters discussed arnonE the audit engagement team including how and where fraud might ￿¢￿r in the
financial statements and any potential indicators of fraud.
As a Tesull of these pro¢¢dures, we considetEd the opportunities and incentives that may exisl within the
organisation for fraud and identified the greatesl potential for fraud in relation to revenue. In common with all
audiis under ISAS (UK), we are also required to wfom] specific procedures to respond to the risk of
anagement ov¢rride.
We also ob1ained an understsnding of the legaI and regulatory frdmeworks that the charitsble company
operates in. focusing on provisions of ihose laws and regulations that had a diTect effe¢l on the ddennination
of material amounts and disc105ures in the financial statements. The key laws and regulations we wnsidered
in this context included the UK Companies Act and Charities Act legislation.
Page 12

REPORT OF THE INDEPENDETr4T AUDITORS TO THE TRUSTEES OF
THE DAIGLEN SCHOOL TRUST LIMITED
Jn addition, we considered provisions of other laws and regulations that do not have a direct effect on the
financial slateTnents but C0Tnpliar￿e with which may be fundamental to the chariiable company's ability to
operate or to avoid a material penalty.
As a result of performing the above. we identified school fees as a key audit related to the potential risk
of fraud. We therefore reviewed and implemented detailed testing of recognition of fees.
A further description of our responsibilities for the audit of the financial statements is loeated on the Financial
Reporting Council's website at www.frc.org.uklauditOTsrespon5ibilities. This deKription fornis port of our
Report of the Independent Auditors.
Use of our report
This report is mad¢ solely to ihe charitable company's tru51ees, as a body, in accordance with Part 4 of the
Charities (AC￿Unts and Reports) RegUl￿10ft$ 2008. Our audit work has been undertaken so that we mighi
state to the charitable company's trustees those matter5 we are required to slate 10 them in an auditors, reprt
and for no other purpose. To the fullesl extent pern]itted by law, we do not accept or assume responsibility to
anyone other than the ¢haritable Co￿panY and the charitable company's trustees as a body. for our audit worK
for this report. or for the opinions we have fornied.
Ca¢on Fry & Partners Limited (Statutory Auditor)
Eligible to as an auditor in terms of Section 1212 of ihe Companies Act 2006
Essex House
7-8 The Shrubberies
George Lane
South Woodford
London
E18 IBD
20 May 2026
Page 13

THE DAIGLEN SCHOOL TRusf LIMITED
STATELIqENf OF FINANCIAL ACTIVITIES
{INCORPOIL4TING Af4 INCOME AND EXPETr4DITURE ACCOUNT)
FOR THE YEAR ENDED 31 AUGUST 2025
2025
Unrestrieted
funds
2024
Tota]
nds
Notes
INCOME AND ENDoWME￿fS FROM
Cbaritsble activities
School
1,565,738
1.693.178
Investment in¢ome
14,638
12,3(K)
Totsl
1580 376
1.705.478
EXPEM)TfuRE ON
ChAritable activities
School
1339,712
1608 708
NET INCOME
RECONCILIATION OF FUNDS
Total fund5 broughi forW￿d
1,064,565
967,795
TOTAL FUNDS CARIUED FORWARD
29 1,064 565
The notes fonn part of these financia] ststements
Page 14

THE DAIGLEN SCHOOL TRUST LIMITED
BALANCE SHEET
31 AUGUST 2025
2025
Unrestrlcted
fllnds
2024
Total
funds
Notes
FIXED ASSETS
Tangible ass¢ls
12
473J64
517.249
CURREiwf ASSETS
Debto
Cash at bank and in hand
13
76,415
945,661
353.831
849,515
1,022,076
.203.346
CRKDITORS
Amounts falling due within one year
14
(320,961)
(580,530)
NKT CURIiEiYf ASSETS
701,115
622.816
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,174,479
1.140.065
CREDITOILS
Amount5 failing due after mor¢ than one
15
(69250)
(75.5￿)
NET ASSETS
29 1,064,565
16
Unr¢stricted fimds:
General ￿nd
Freehold propety fund
Major repairs fimd
Bursary fund
512JOI
392,928
150,000
50,000
456.050
408.515
150.000
50.000
29 1.064.565
TOTAL FUNDS
1,105,229
1,064,565
Th¢ Charitable wmpany is entitled to exemption from audit under Section 477 of the Companies Ad 2006 for
Ihe year ended 31 August 2025.
The members have not dep)sited n￿l¢c. pursuantto Section 476 ofthe Companies Act 2006 requiringan audit
of these finan¢ial statements.
The notes fonn part of tI￿e financial statements
Page 15
¢ontinued...

THE DAlGI￿N SCHOOL TRUST LIMITED
BALANCE SHEET- continued
31 AUGusf 2025
The irustees acknowledge their reS￿nSibilitieS for
(a) ¢nsuring that the charitable company keeps accounting records that comply with Sections 386 and 387
of the Companies Act 2006 and
(b) preparing finan¢ia] stafrrnent5 which give a true aT]d fair view of the state of affairs of the charitsble
company &8 at the end of each financial year and of its surplus or deficii for ¢ach financia] year in
accordance with the requirements of Sections 394 and 395 and which othenvise ¢omply with the
Tequirements of the Companies Act 2006 relating to financial statemen1& so far as applicable to the
charilable company.
These financial statements have been audited underthe requirements of Section 145 of the Charities Act 2011.
These financia] statements have been prepaTed in accordance with the provisions appli¢able to charitsble
companies subject to the small companies regime.
The financial statefftents wer¢ approved by the Board of Trustees and authorised forissue on 20 May 2026 and
were signed on its ￿half by:
Mrs S Barnes. Trustee
Mr N Y White . TnLStee
The Trotes fonn part of these financial statements
Page 16

THE DAIGLEN SCHOOL TRUST LIMITED
CASH FLOW sfATEMENr
FOR THE YEAR ENDED 41 AUGUST 2025
2025
2024
Notes
Cash flows from operotlllg activities
C&8h generated from operations
78,609
259,869
Net cash provided by operating a¢tiviti
78,609
259,869
Cash flows itsvestiffjg *ctiTrryties
Purcha%¢ of tangible fixed assets
Sale of tangible fixed assets
Interest received
(2,449)
5J48
14.638
(14.511)
12JOO
Net C&8h provided byl{used in) investing activities
2.211)
Change ID cash and casb equivalents
in the reporting period
Cash and cash eqvivalents at tbe
beglnDlng of the reporting period
96,146
257.658
591.857
Cash ind cash equiY#leDts #l the end
of the r¢porting period
945,661
849.515
The notes forni part of these financial statements
Page 17

THE DAIGLEN SCHOOL TRUST LIMITED
NOTES TO THE CASH FLOW STATEMELYr
FOR THE YEAR ENDED 31 AUGUST 2025
RECONCILL4TION OF NET INCOME TO I¥ET CASH FLOW FROM OPERATING
ACTIVITIES
2025
2024
Iyet In¢ome for the reporting period (as per tbe Slalement of
Fittancial Activities)
Adjustments for:
Depreciation Charges
Profit on disposal of fixed &ss¢ts
Inte￿$1 received
Decrease in debtors
(Decreaseyincrease in creditors
40h64
96,770
42¥06
{1,517)
(14,638)
277,416
265 822
45.771
(12,3￿)
114,249
15.379
Net ¢osb provided by Operations
259.869
ANALYSIS OF CHANCES JI4 NET Fir￿Ds
At 119124
Cash flow
At 3118125
Net eash
Cash at bank and in hamd
849 515
945,661
849,515
96.146
Totsl
The notes forni part of these financia] statements
Page18

THE DAIGLEN SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
ACCOUNTING POLICIES
B*sis of preparing the fiDaneial statements
Th¢ financial statements of the chaTitable company? which is a public benefit entity under FRS 102.
have been prep¥ftd in accordance with the ch￿ltIeS SORP (FRS 102) 'Accounting and Reporting by
Charities- Statement of Recommended Prdclice applicable to charities preparing theiT accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard
appli¢able in the UK and Republic of Ireland, and the Companies Act 2(K16. The financial stateTnents
have Eten prepared under the historical cost convention.
Income
All income. including Grants, is recognised in the Statement of Financial Activities once the charity has
entiilement to the funds, it is probable thatthe income will be received and the amount can ￿ measured
reliably.
Expendlture
Liabilities are)Ecognised as expenditutE as soon asthere is alegai ￿ConstrUctive0b]igaIi0n ¢ommitting
Ihe charity to that expenditure. it is probable that a ￿nsfer of economic benefits will be required in
settlement And the amount of the obligation can be measured ￿lIablY. Expenditure is accounted for on
an accruals basis and has been clLssified under headings that agwgate all cost related to the category.
Where costs catmot be directly attributed to particular headings th¢y have been allocated to activiti&8
on a b&sis consistent with the use of resow¢es.
AllocatioD and apportiODment of eDSts
All costs are allocated between the expeThJiture eategories of the SOFA on & basis designed to refiect
Ihe use of the resource.
Tangible fiied assets
D¢pre¢ialion is provided at the following annual raies in Order to write off each asset over its estimated
efu] life.
Freehold property
lrnprovements to property
Fixt￿e$ & fittings
2¥0 on cost
l OTr/• on cost
IOtr/• on ¢ost and IOQ/o on reducing balance
Computer equipment
33 % on ¢osL 25Yo on cost and 25 % on reducing balance
Fixed assets are shown included at cost less accumulated d¢pr¢ciation. Impairnient reviews aTe
undertaken if there are any indicators of impairn)ent.
Taxation
The charity is exempt from corporalion tax on its charilable &¢tivities.
Fllnd aceounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
Desigtiated funds aTe funds which are sel &side by the Governors out of unrestricted general funds for
specific ￿tUre purw>ses or projects. In particular, amounts are set aside to a major repai￿ fund each
year by a transfer from general funds to designated funds on the basis of expected requirements for
major repaits to premises. The cost of major repairs may be charged against the fund.
Page 19
continued..

THE DAIGLEN SCHOOL TRUST LILIIITED
NOTES TO THE FINANCIAL STATEMENfs- continued
FOR THE YEAR ENDED 31 AUGusf 2025
ACCOUNfiNG POLICIES- continued
Fund #ccounting
Transfers ar¢ also made each year from general fvnds to deSi￿ted funds to build up a property fund
whi¢h is maintained at an amount equal lo th¢ net book value of freehold property shown in the balance
sheet. The purpose of this policy is io reflect the fact that general fund5 hav¢ been used to fiT]ance
freehold PToperty used for school purposes.
A designated bursary fund has been set-up to provide subsidised tuition fees in the fom of bwsaries.
Funds are transferred from general reserves to deSA￿ated Teserves as allocated by the Trustees. Funds
are utilised when bursaries are awarded.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds a￿ rnised for particular reslricted
PU￿￿OSes.
OperatiDg leases
Rentais payable under operdting le&8es are charged to the SOFA ￿ incurred over the tenn of the lease.
Pension eosts #nd other post-retirement beTbellts
The charitable company operates a defined contribution pension scheme. Contributions payable to the
charitable company's pension scheme ar¢ charged to the Statement of Financial Activities in the pers(
lo which they relafr.
The ch￿lty participates in the Teachers, Pension defined benefit scheme. PenSLon costs are assessed
in aecordanee with actuarial advice, and based on the most recent actuarial valuation of the scheme.
These costs are accounted for on the basis of ¢I￿ging the cost of providing &￿S1onS over the period
during which the Charity benefits from the ernploye¢s' services.
VAT
The charity registered voluntarily for VAT from ihe l November 2024 due to the new VAT legislation
that was to be effective from l January 2025. Output VAT 15 now ¢harg¢d at standard rate on school
fees chaTged to children of compulsory school age.
Input VAT incurred. s￿h as on capital expeTMliture and edu¢&tional supplies is reclaimed and Exempt
VA T is charged against the ￿tegory of resources expended for which it was incurred.
Trade aDd otb¢r debtors
Trade and other debtors are recognised initially at transa¢tion price (including transaction costs) unless
a financing arrangement exists in which ¢as¢ they are me&8ured at the present Value of future Teceipts
discounted at market Tate. Subsequently th¢s¢ are mwured at amortised cost less any provision for
impairnient. A provision for impairment oftrade debtors is established when there is objective evidence
that the company will not be able to collect all amounts according to the original ternis of
receivables. The amount of the provision is the difference between the asset's carying omount and the
present value of estimated future cash flows, discounted al the effective interest rate. All ]novements in
the level of provision required are recognised in the statement of finan¢iai activities.
Page 20
continued...

THE DAIGLEN SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2025
ACCOUTrfflNG POLICIES- eontillued
Trade and other creditors
Trade and other ¢reditors are classified as current liabililies if payment is due within on¢ y¢ar or less. If
no¢ they are presented as non-current liabilities. Trode creditors are re¢ognised initially at the
Irdnsa¢tion pri¢¢ and subsequently measured at amortised cost Using the effective interesi method.
INVESTMEwr Ir4COME
2025
2024
Deposit ¥¢ount interest
14,638
INCOIVIE FROM CHARITABLE ACTivrriKs
2025
2024
Activity
School
School
S¢hool
School fees
Clubs & activities
Other ancillary income
1,537,900
1&654
9.184
1,655,974
33,504
3,700
1,565,738
1,693,178
CHARITABLE ACTIVITIES COSTS
Direct
Costs (
note 5)
Supwrt
costs (see
note 6)
Totals
School
22
1,517,404 ￿08 I￿39,712
DIRECT COSTS OF CHARITABLE ACTIVITIES
2025
2024
Staff costs
Other operating leases
Donations
her teaching costs
Calering
Premises costs
Administration & finance costs
Scholarship award
Depreciation
Loss on sale of assets
1,036,653
13071
915
79,118
151,332
112,879
70,924
11223
42,506
1.066.794
13.462
3,045
81,695
160.131
112.094
68.703
26.729
45.771
I￿17,404
1,578,424
Page21
continued...

THE DAIGLEN SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - colllinued
FOR THE YEAR ENDED 31 AUGUST 2025
SUPPORT COSTS
Governance
costs
School
22J08
NET INCOMFJ(EXPENDITURE)
Net incomel(expenditure) is stated after chargin81{crediting):
2025
2024
Auditors, remuneraiion
Auditors, remuneraiion for non audit work
Depreciation- owned assets
Other operating leases
Surplus on disposal of f￿ed assels
8,01)0
1,957
42￿03
13J71
8,000
2,355
45.772
13.462
TRUSTEES, REMUIYERATIOIY AI¥D BENEFITS
There were no trusiees, remunerntion or other benefits for the yeor ended 31 August 2025 nor for the
year ended 31 August 2024.
Trustee8' expenses
There were no trLL8tees' expenses paid for the year ended 31 August 2025 nor for the year ended
3 1 August 2024.
STAFF COSTS
2025
2024
Wages and sajaries
Social security costs
Other pension costs
802,972
78J25
835.264
83.168
148 362
1036,653
The averdge monthly number of employees during the year &8 follows:
2025
22
2024
22
Teaching
Other
27
27
Page 22
coniinued..

THE DAIGLEN SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continu¢d
FOR THE YEAR ENDED 31 AUGUST 2025
STAFF COSTS- continued
The number of employees whose employee benefits (excluding employer pension costs) exceeded
£60,000 was:
2025
2024
£60.001- £70.(K>O
£80,001- £90,￿0
£90,001 £100,000
Included in higher paid staff the nvmkr to whom retiremeni benefits are accruing under the Teachers,
Pension Scheme is l.
Within Other Fension costs the ￿nSIOn ¢osls Telatingto the defined benefit scheme ore £142,215 (2024..
£135,449) and to the defined contrib￿lon scheme are £12.94] (2024- £12,913).
10. COMPARATtVES FOR THE STATEMENT OF FINANCIAL ACTivrrIES
Unrestricted
funds
INCOME AND ENDOWMEiYfs FROM
Charitabk aetivl¢ie8
ScTrM)oI
1.693.178
Investmeni income
12.300
Total
1,705.478
EXPENDITURE ON
Charitsble activiti&s
School
1,608,708
ET INCOME
96,770
RECONCtLIATION OF FUNDS
T￿01 funds brought forward
967.795
TOTAL FUNDS CARRIKD
FORWARD
1,064,565
Page 23
¢ontinued...

THE DAIGLEN SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENfs- Colltioued
FOR THE YEAR ENDED 31 AUGusf 2025
11. PENSION SCHEME
The following financial noie was issued by the DepartTnent for Edu¢ation in Octokr 2020.
Ip(rRODUCTION
Th¢ T¢a¢h¢rs' Pe￿IOn Scheme (TPS or Scheme) is 2 Statutory. unfunded, defined Ixnefit occupational
schern¢, govemed by the Teachers, Pensions Regulations 2010 (as amended), and the Teachers, Pension
Scheme Regulations 2014 (as amended). These regulations apply to te￿h¢r$ in schools and other
educational establishrnent& including academies, in Eng]and and Waies that are maintained by local
authorities. In addition, teacheTS in many independent and voluntary-aided schiK)Is and tea¢h¢rs and
lecturers in some e5tablishmenis of further and higher edueation may i￿ eligible for membership.
Membership is automatic for full-time lea¢h¢rs and lecturers and, from l January 2007, autornatic t
for teacher5 and lecturers in part-time employment following appointment or a Change of contract.
Teachers and lecturers are able to opt out of the TPS.
THE TEACHERSI PENSION BUDGETING AND VALUATION ACCOUNT
Although members may be employed by various bodies, th¢ir retirement and other pension benefits are
set out in regulations made under the Superannuation Act (1972) and Publi¢ Service Pensions Act
(2013) and are paid by public funds provid¢d by Parliament. The TPS is an unfunded sch¢m¢ and
rnernb￿ contribute on a'pay as YOU EO'basis- contributions from members. along with thos¢ made by
employers, are credited to th¢ Exchequer under arrangements governed by the above Acts.
The Teachers, Pensions Regulations 2010 requTTe an onnual account, the Teachers, Pension Budgeting
and Vajuation Account, to be kept of receipts and expenditure (including the cost of pension increases).
From l April 2001. the Account has been credited with a real rate of return, which is equivalent to
assuming that the balance in the AC￿llnt is inv¢sl¢d in notional investments that produce that real
of return.
VALUATION OF THE TEACHERSI PENSION SCHEME
As a result of the latest scheme valuation ernployer contributions weTe increased in Septe]nber 2019
from a rate of16.40/0 to 23.60/0. Employers also pay a charge equivalenl to 0.08Q/o of pensionable salary
Costs to cover administration expenses.
The next valuation is expected to take effect in 2023.
A copy ofthe latestvaluation rew)rt be found by followingthis linktothe Teachers, Pension Scheme
website
SCHEME CHANGES
In December 2018. the Court of Appeal held that traT]Sitional protection proyisions contained in the
refo]Tned judicial and firefighter pension schemes, intffodu¢ed as part of public service pension refonns
in 2015, gave rise to direct age discrimination and were therefore unlawful. The Supreme Court, in a
decision made in June 2019, Tejected the Governmeni's appli¢ation for pern]ission io appeal the Court
of Appeal's ruling and sulwuent]y referred the ￿tt0 an Employment Tribunal io deterniine aremedy
which will need to be offered to those members of the two schemes who were subject of the age
discrimination.
Page 24
continued...

THE DAIGLEN SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENfs- CODtinued
FOR THE YEAR EI¥DED 31 AUGUST 2025
11. PENSIOIY SCHEME- eon¢In￿
Since then, claims have also been lodged against the main public seNce 5cheme5 including ihe TPS.
The Departrnent has conceded those in line with the rest of the government. In July 2020 HM Treasury
launched a 12-week public consultalion which will provide evidence to support the delivery of an
appropriate rernedy for the affected schemes. including TPS.
A final remedy will be deterniined once the results of the consultation are established.
In Decemlxr 2019. a further legal challenge was made against the TPS relating to an ideniified
equalities issue whereby ma]e survivors of opposite-sex marriages and civil partnerships aretreated less
favourably than survivors in same-sex Tnarriages and civil partne)3hips. The Secretary of State for
Education agreed not to defend ihe case. In June 2020, the Employment Tribuna] recorded its findin
in respect of the claimant. DtE 15 CUTrenily working to establish what changes are necessary to address
Ihis discrimination.
Any impact of these evenls will be tsken into account when the next scheme valuation is implemethed.
Thi5 is scheduled to k implemented in April 2023, based on April 2020 dats.
12. TANGIBLE FIXED ASSETS
Improvements
to
Fixtures
property & fittings
Freehold
propety
Computer
equipment
Totals
COST
At I Septemb¢r 2024
Additions
Disposals
779J78
55,354
295,097
2,449
161A17
1291,646
2.449
At 31 August 2025
779,378
55,354
294,24S
159,770
1,288,747
DEPRECIATION
At I September 2024
Charge for year
Eliminated on disFxisal
370,862
IS￿85
$3J94
1,952
198,313
22W6
781
151,828
2,120
736
774J97
42503
At 31 August 2025
38
55
220
815
153 212 ￿83
NET BOOK VALUE
At 31 August 2025
392,931
73067
473,364
At 31 August 2024
408516
96,784
9,989
517,249
Page 25
continued...

THE DAIGLEN SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS. eODtinued
FOR TRE YEAR EIWED 31 AUGUST 2025
13. DEBTORS: Amoupifs FALLING DUE W￿HIN ONE YEAR
2025
2024
Fees & extr&s
VAT
Prepayment5 and accrued income
43,427
6,566
343,402
10,429
76,41S
353.831
14. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2025
2024
Trade creditors
Socia] security and other t&Yes
Other crediloJE
Fees & extras
Fee deposits due within l year
A￿ru¢d exFnses
7,437
19,272
21,256
254,899
4,000
14,097
2,734
17,098
28.937
514.763
4.000
12,998
320,961
580 530
15. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR
2025
2024
Fee deposits repayable
69250
16. MOVEMENf IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
3118125
At 119124
UDre5tricted funds
General fund
Frethold propety fimd
Major repairs fund
Bursary fund
456,050
408,515
150,000
67,474
<15￿87)
(11323)
512,301
392,928
150,000
50,000
(11,223)
li
65 40 664
TOTAL FUI¥DS
40.664
1105 229
Page 26
¢ontinued...

THE DAIGLEI¥4 SCHOOL TRUST LIM￿ED
NOTES TO THE FINANCIAL STATEMENfs- ¢ontinued
FOR THE YEAR ENDED 31 AUGUST 2023
16. MOVEMENT IN FUNDS- ¢olltinued
Net movement in funds, included in the abov¢ ar¢ as follows:
Incoming
resources
Resources
expended
Movement
in funds
Ullrestrieted funds
General fund
Freehold propety fund
Bursary fi￿0
1,580a76 (1￿12,902)
(15,587)
67,474
(15,5871
11223)
IyOJ76
1,539 712
40,664
TOTAL FUNDS
40,664
Comparatives for movement Sn funds
Net
movement
in funds
Transfers
bdween
funds
At
3118124
At 119123
Unrestrifted funds
General fund
Freehold propety fund
Major repairs fund
Bursary fund
343,692
424,103
150,0(
50,000
139,087
(15,588)
(26,729)
456.050
408,515
150,000
50.000
(26,729)
26.729
967,795
96.770
1.064,565
TOTAL FUNDS
967,795
96,770
1,064.565
Comparativ¢ net movement in fimds. included in the above &e &% follows:
Incoming
resources
ResouTces
expended
Movement
in funds
UDrestri¢ted funds
General fund
Freehold property fund
Bursary fund
1.705.478 (1.566.391)
{15,588)
{26,729)
139,087
(15,588)
{26,729)
1.705,478
1,608,708
96.770
TOTAL FUNDS
96.770
Page 27
continued...

THE DAIGLEN SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS- contioued
FOR THE YLAR ENDED 31 AUGUST 2025
I& MOVEMENT IN Fuf4DS- continued
A ¢unEnt year 12 months #md prior year 12 months combined position is as follows:
Net
movement
in funds
Transfers
between
funds
At
3118125
At 119123
Unrestrictsd funds
General ￿nd
Freehold property fLmd
Major repairs fund
Bursary fund
343,692
424,103
150,000
50,000
206,561
(31.175)
(37.952)
512.301
392,928
150,000
50.000
37,952)
37.952
967.795
137434
1,105,229
TOTAL FUNDS
967 795
137,434
1,105,229
A ¢urrenl y¢ar 12 months and prior year 12 months combined net movement in fimds. included in the
abov¢ are as follows:
Incoming
resources
Resources Movement
expended
in funds
Unrestri¢¢ed funds
General fund
FtEehold property fund
Bursary fund
3.285,854 {3.079,293)
(31,175)
(37.952)
206.561
(31.175)
(37.952)
3,285,854
3.148,420
137.434
TOTAL VUNDS
3.285 854
3 148.420)
137434
17. REL4TED PARTY DJSCLOSURES
There were no r¢lat¢d paty transactions for the year end¢d 31 August 2025.
Page 28
continued...

THE DAIGLEN SCHOOL TRUST LIMITED
NOTES TO THE FINANCIAL STATELIIENfs- eontinued
FOR THE YEAR ENDED 31 AUCUST 2025
18. FRC ETHICAL STANDARD- PROVISIONS AVAILABLE FOR SMALL ENTrriES
In ¢ommon with rnany other charities of our size and natur¢ we use our auditors to &ssist with the
preparation of the Statutory financial slatementy payroll and statutory seryi¢es.
19. ULTIMATE CONfROLLING PARTY
The ¢harity is under the control of the Trustees.
20. SIIARE CAPITAL
Under the Charitable cOMp3￿Y'S MeMorat￿um and Articles of Association the company does not have
any share capita]. but in the event of winding up. Tr￿teeS are required to contribute an amount not
exceeding £1.
Pag¢ 29

THE DAIGLEN SCHOOL TRUST LIMrfED
DETAILED STATEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 31 AUGUST 2025
2025
2024
INCOME AND ENDOWMENrs
IDvestment income
Deposit account interest
14,638
12,300
Cborltsble activities
School fees
Clubs & aclivilies
Other ancillary income
I￿7,￿￿)
18ffj54
1,655.974
33.504
3.700
1565,738
1,693.178
Totsl incoming resources
1580J76
1,705,478
EXPENDTfuRE
Charitsble activities
Wages
Socia] security
Pensions
Other oper&ting le&ses
Donations
Other t￿hing costs
Calering
Prerni5es wsts
Administrntion & finance wsts
Scholarship award
Depreci&tion of tangible fixed ￿Sets
Loss on distA)sal of tangible fixed &%sets
802,972
78￿25
155,156
13.371
915
79,118
151J32
112,879
70924
11223
42￿06
(1,517)
835.264
83.168
148,362
13,462
3.045
81.695
160.131
112,094
68,703
26.729
45,771
1,517,404
1.578,424
Support costs
Governance costs
Auditors, remuneration
Auditors, remunerntion for non a￿lit work
Legal fees
8,1)00
1,957
12J51
8.000
2.355
19.929
22
Total rtsources expended
1,608,708
Net illeome
96.770
This page does not forni part of the statutory financial staiements
Page 30