Registered number.. 01269507 Charity number: 273586 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Partners Protecting yOLir f Llture_ DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) CONTENTS Page Reference and admlnlstratlve detalls of the charltable company, Its Dlrectors and advisers Trustees. report 3-18 Independent auditors. report on the financial statements 19-23 ststement of financial activities 24 Balance sheet 25-26 statement of cash flows 27 Notes to the flnanclal statements 28-46 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS DIRECTORS AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025 Directors Andrew Grime, Chair of Governors1,2,3.4.5 Vanessa Brodie, Chair of the Wellbeing Committee, Safeguarding Governor, EYFS Governor4 James Brown, Chair of Finan￿ Committee, Equality, Diversity & Inclusion Governor and GDPR Governor1.4 Emma Bunting1 Paul Carter, Deputy Chair of Governors2 V81arie Bounds lappointed 9 October 202515 Andrew Chadwick lappoinled 9 October 202512 Garelh Lee, Chair of Promotions Committee (appointed 13 November 202415 James Goddard5 Lynne Horner5 Roger Hoyle, Chair of Promotions Committee (resigned 3 March 202515 Tim Stanley, PSHE & RSE Governor1,5 Damian Stenhouse, Chair of Education Committe, EYFS Governor2 Brian Wake, Company Secre18ry3 Rosie Wooda114 Finance Committee Education Committee Esl8tes Committee Wellbeing Committee Promotions Committee Derek Bunting, Noel Dutton and Jane Robinson are Foundation Governors who are entitled lo atttend Directors, meetings bul not lo vole. Derek Bunting serves on the Finance Committee, Noel Dutton and Jane Robinson serve on the Estates Committee. Company registered number 01269507 Charity registered number 273586 Principal and Registered Saighton Grange office Saighton Chester CH3 SEN Page 1 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS DIRECTORS AND ADVISERS {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Company secretsry Brian Wake Independent Auditors WR Partners Chartered Accounlanls Belmont House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG Bankers National Westminster Bank Eastgate Street Chester CH1 1LG Insurance Brokers Assured Partners 2 Brunswick Square Birmingham 81 2LP Senior management team C Jenkinson, Headteacher- Senior School M Hickey, Headteacher- Infants & Juniors A Austin, Senior Deputy Headteacher M Booth, Deputy Headteacher- Academic C Houghton, Deputy Headteacher- Pastoral Page 2 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The Trustees present their annual report together with the audited financial statements of the Deeside House Educational Trust Limited for the 1 September 2024 10 31 August 2025. The Annual report serves the purposes of both a Trustees, report and a dire¢lors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable Company compty with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice ISORPI applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS1021 leffeclive 1 January 20191. Objectives and activities a. Policies and objectives The charitable company is established to promote and provide for the advancement of education. It has established Abbey Gale College, Chester (the College) to provide a first class education of high academic standard, with Individual attention being given to each child. All pupils are encouraged lo extend themselves to their full potential both academically and personally. In setting objectives and planning for aclivib"es, the Trustees have given due consideration to general guidance published by the Charity Commission relating lo public benefit, including the guidance 'Public benefit.. running a charity IP821'. b. Strategies for achieving objectives Trustees, Govemors, Senior Leaders, Staff, Parents and Pupils respectively and appropriately contribute to the on going review and implementation of the College's Strategic Plan, which Includes a dynamic Development Plan and a new Self- Evaluation form for ISI inspection. Our vision is to be the school of first choice in the are8 for families who seek a personalised, caring. and safe educational environment, with excellent curricular and co curricular provision, and a commitment lo preserve, prolecl, and progress the world we all share. In support of the Coll￿e'S vision, our mission is, within our safe and caring community, that each one of our pupils will become the best that they can be, and have the self belief to go forward into this changeable world with courage and with compassion. Page 3 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Objectives and activities {continuedl sin￿ foundation, the College has a￿layS aimed lo develop and nurture each individual pupil's character, personal skills, and attitude around a robust core of academic excellence. This is clearly defined by our three, aspiralional pillars. SELF Egch pupll core5 for thelr mentol ond phy51cul wellbelng; leorns and achieves to thelr Indivldual potential: and is content. comfortable and confident to be who they ore in our diverse ond in¢lu3ive College. ••• SERVICE Eoch pupil mokes o positive difference to the lives of others in ¢)ur College. os well as in our local a￿1 in wider, globol communitie& SUSTAINABILITY Eoch pupil ¢ontribut*s towords presenjing ctnd protecting the planet we oll inherit ond shore, ond hos the opportunity to be cre(rtive ond innovotivfj: to hglp further humanity's progrgss in the futur•. JV ii,rtiJ,rin,g Per.son,al fv,xcel/e17,ee All aspects of our curricular and co curricular programmes, as well as our continuing development and evolution as a school, aim to establish a strong foundation of life long resilience, compassion, and creativity, so that each pupil will become an adult with the self worth, purpose, and courage to thrive in a future world, which they will help to shape for the good of themselves and others. The College's motto of "Audentior Ito" was adopted for the school at ils outset in 1977, when il was discovered as part of a longer quote painted on a beam in the ceiling of the Tower Room. It can still be seen there, and a replica is now proudly displayed in the main reception area of the Senior School building. Meaning "strive on boldly il is part of the full quote taken from the Latin writer Virgil's book Vl of the Aeneid from about 30 BC. The full quote is 'Tu ne cede malls, sed contra, audentior ilo" meaning 'Do not give way lo adversitylmisfortunelevil, bul rather strive more boldly against it.. Educationally, the College's strapline of "Nurturing Personal Excellence. aptly captures the essence of our ethos and approach. Page 4 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Objectives and activities {continuedl c. Activities undertaken to achieve objectives In the academic year of 2024-2025, headline developments included. Gats College NurluringEA'LellÉiiLe in 2024/2- ommuni l). ()()()+ h￿￿￿0￿￿0￿1￿nty h￿fitt￿h￿l dpnts s(￿01£ . rowdtsour•¥Ee aEcepknce D" ouraudents h J￿1¥￿1￿￿1 wtthÈxpÈr ..If￿ ￿hOw￿l￿ce1100ln foo￿011. FUrth¥oAb￿0[fr￿s Grftoda￿TO1ofit￿ s*udÈntS￿ srM)rt EFll5Sthe Aword IÈE￿$￿￿tr.j i()c)+_- xce ence In oina Residentials / iii iii ) ohThwth 5*alt Level3 Salegwrd E" &sO1￿￿.￿￿Own ￿-.11 qtLéent% frOn5￿è￿rÈ￿ztsD EswqDnil Page 5 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Objectives and activities {continuedl Further strengthening and evolving the whole College's work with the core values of Self, Servi￿, and Sustainability., aiming to ensure that each student engages purposefully with the three pillars. Improved monitoring and interventions at student level for academic progress,. with continuing positive 'value-added' and further Improvements al GCSE. Hosting our second, sludent-led Sustainability Conference for Chester ￿hoOlS, and continued annual accreditslion as an 'Eco-School', awarded 'wilh distinction Planning and organising, at student level, a full-scale Ball at Chester Racecourse, In aid of the College's three chosen charities for the year., this raised in excess of £5,000. Establishing the end-of-spring-term Cathedral service as a "Founders Service., going forward, in order to celebrate our approaching half-cenlury. Continued re-decoration, re-furnishing, and upgrades of our historical facilities, across the whole College, for students and staff. Improvements lo road safety by Saighlon Grange and the Council's commitment to move lo 20mph speed limit in the coming year. 21 31 41 51 61 71 d. Main activities undertaken to further the charitable company's purposes ft>r the public benefit The Directors maintain due regard to the Charity Commission's revised guidance on public benefit. The College provided a much valued education lo 465 pupils during the year al no cost lo the UK Treasury. Pupils are prepared for the opportunities, responsibilities, and experiences of later life. Fees are set at as low a level as possible, whilst ensuring the financial viability of and the ongoing investment In the College, and are consislenl with our vision, mission, and aims. 11 The following local organisations or groups regularfy benefited from the College's grounds and facilities.. AJ Dodgeball AJ Tennis Camp Andrew Whitton Football Boughlon Belles (Nelballl Chester FC IFoolballl Chester Hockey Club Chester Music Society Chester Nomads (Junior Football) Christleton Youth Football U13's & U16's Eaton Estate (Foolballl Elile Netball Go Kids Go (Wheelchair Basketball) MPH Football Rake and Pikel IFootballl Tatlenhall Cricket Trinity Music (Exams) Willo Hockey Page 6 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Objectives and activities {continuedl 21 Direct Servi￿ in the local community also included.. Continued full-fee bursarial support of a Ukrainian refugee. Regular Drama and Music performances at three local care homes.. Deewater Grange, Grosvenor Manor, Oakland. Home-grown produce from our Polylunnel donated lo local businesses. Minibus loan to Saighton Primary for transport. Weekly minibus transportation for Saighton Primary pupils lo swimming lessons. Chester Music Society use of the College Theatre by Chester Young Musician Competition. The Aldford village defibrillator is now located at our Infant & Junior School, for community access and use. Aldford village fete- the College provided children's fun raceslgames on the day (staff and equipment) and our PTA had a stall at the fete. VE Day Afternoon tea - residents from three local care homes joined Year g for a traditional lea and lo talk about their war-time experien￿ and memories. Love spoon workshop- a member of AGC staff spent half days working on a D&T project with a local primary school, using our equipment to create love spoons, which was part of their history topic. World Bee Day- intergeneralional planting project with J3 visiting Deewater Grange Care Home and instslling A-Bee Gate College In the Care Home gardens. 31 Direct service in the wider, global community included.. Service project with 'Sense Africa, and our link village in Eswalini - the student and stsff expedition to Mlindzini High School look place in July '24 and will return in July'26. 41 Indirect service through charitable fund raising included.. £5,633 was raised for Stick 'N' Slep £4,622 was raised for Seashell Trust £4,160 was raised for North Clwyd Animal Rescue £509 was raised for Aldford Village Hall £603 benefiting a further 5 charities Page 7 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Objectives and activities {continuedl 51 Educational partnershiplbenefil in the local community included.. Performing Arts outreach teaching and support for several local primary schools, on a regular basis. Sports outreach competitions for local primary schools, including Chester Schoolboys Football Tournament- organised and hosted by AGC. Second 'Sustainability Conferen￿, for Chester Schools, with 100 students from 10 local primary and secondary schools. STEM Day for 50 primary students from local schools. Chess Tournament for local secondary schools. Opportunities for the education of pupils whose parents cannot afford to pay full fees are provided through the bursary scheme. Parents benefited lo the extent of £148,012 In respect of 18 pupils in the year. The College engaged the services of an external, specialist company to review and advise on all bursarial applications and help to ensure that the College's pracliTr and decisions are appropriately monitored and managed, with on going consideration of equality, diversity, and inclusion perspectives. In the year, other fee awards, including scholarships, sibling and staff discounts (none of which are means- lesledl, amounted to £233,964. Overall, this represents 36.kn of our students, who received some form of financial support and, thereby, a widening of access to our College. The availability of bursary and other means tested awards are, and will continue lo be, publicised on the College website and by other means. In assessing means a number of factors are taken Into consideration including family income, investments, savings and family circumstances. However, as there are no endowment funds in making awards, the Board must be mindful to ensure a balance between fee paying parents. many of whom make considerable personal sacrifices to fund their Child's education, and those benefiting from the awards. One Important part of the work of the Promotions & Communities Committee has been lo help raise non fee income lo provide an enhanced and equitable bursary provision. Page 8 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Strategic report Achievements and performance a. Financial achievements of the College The Statement of Financial Activities for the year ended 31 August 2025, which forms part of the financial statements that follows this report, shows a surplus of £149,236. The corresponding surplus for the previous year was £123,763. The Inflationary Increase in fees as from 1 September 2024 was S.5.￿ resulting in gross fees for the year of £6,889,88712024.. £7,024,688). The nel cash oufflow from operating activities was £87,258 12024.. £339,424 inflow). The net oufflow, which is fully explained in the Statement of Cash Flows on page 27, is principally the result of lower additional fees received in advance relating to the following academic year. Payments to acquire tsngible fixed assets were £113,410 12024.. £249,772). Cash al bank decreased from £3,550,270 al 31 August 2024 10 £3,445,226 al 31 August 2025, primarily due lo a decrease in advance fee payments received compared lo the previous year. Due lo a legislative change, VAT has been charged on academic fees from 1 st January 2025. Consequently Autumn term 2025 invoices were issued in the current financial year, Increasing both debtors and creditors al the year end compared to previous years. Nel current assets at 31 August 2024 of £1,390,633 increased to £1,500,930 at 31 August 2025. To be satisfied that the charitable company has adequate finance facilities to meet its obligations as they fall due and particularly when considering a project Involving substsntial expenditure, the Directors review detailed budgets and cash flow forecasts and regularly monitor progress against these fore¢asls. Forecasts are based on the number of pupils and stsff in the College at commencement of the current academic year adjusted, when appropriate, lo take account of significant changes as and when they happen. As a charity, the College ensures that all Income is applied for educational purposes, there is a corporation tax exemption, on educational activib.es and on investment income and gains provided these are applied for charitable purposes. The financial benefits received from these tax exemptions are all applied for educational purposes and indirecdy help to reduce fees and provide bursaries. Page 9 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Strategic report Icontinuedl Achievements and performance lcontinuedl b. Review of activities Pu il Numbers & Fees Educational activities across a broad range of areas were carried out al the Infant and Junior School al Aldford and at the Senior School at Saighlon from ages 4 10 18. The average pupil roll for the year was 465. Year 7 Intske for September 2024 wa5 around 60 and 35 In the Lower Sixthlyear 12. The Board considers detailed budgets at their meeting in March of each year and set the fees for the forthcoming academic year al the lowest level they consider necessary to meet the running costs of the College and provide a modest surplus lo enable the Continued development of the facilities. In addition, parents are encouraged lo contribute, by way of annual donations of £250 towards the Bursary Fund. Ins eclion A Regulatory Compliance Inspection was carried out by the Independent Schools Inspectorate IISII in February 2018. An Educational Quality Inspection, Induding a Focused Compliance Inspection, was also carried out by the Independent Schools Inspectorate in April 2022. Copies of the respective reports are in the public domain and also available on the College's website at https.'Ilabbeygatecollege.co.uk. In the most recent report, Inspectors agreed that. The School is successful In meeting Ils aim to enable pupils to have the self confidence lo go forward into the changeable wodd with courage and compassion. Academic & Other Achievements Value-added al GCSE and A level remains positive and strong, evidencing ex￿lIent progress for students al an Individual level. Page 10 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Strategic report Icontinuedl Achievements and performance lcontinuedl A2 Headline Results (Percentsge of Entriesl 2025 7% 20% 26% 24Y. 53% 20Z4 11% 28% 18% 30Y, 59Y, 77% 1023 31% 23% 54% 2012 19% 29% 12% 49% 78% 20ZI 25% 22% 28% 18% 47% 75% 1020 11% 28% 34% 24% 40% 74% 97% 2019 io% 14% 32% 28% 24% 56% 2018 20% 30% 25Y 55 Post-18 Further Detail 2025 First choice ècteptance for Hi8her Education institutions is 91% A2 Further Detail 2025 Of the 40 students who were entered forA2 Levels in 2025.. 7 students achieved at lÈastAAA 12 students achieved Èt lÈÈst ABB A Level Average Point Score per Entry 15 34.64 A Level Average Point Score per Pupil 15 109.03 2025 IVA 73% 91% 2024 19% 35% 79% 92% 2023 18% 34% 76% 91% IQ22 27% 47% 85% Z021 21% 43% 87% 97% 2020 18% 41 86 2019 14% 34% 81% 2018 io% 21% 71% 93% GCSE Further Det8.12C25 North WE5t 9-7 is 18.8% North West 94 is 64.2% Of the 58 pupils who were entered for GCSES in 2025.. 5 pupils achieve al least 8 GCSES at Grade 71819 19 pupils achieved at least 8 GCSES at Grade 6171819 28 pupils achieve 5 Strong Passes including English and Maths 50 pupils achieved 5 Standard Passes including English and Maths Page11 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Strategic report Icontinuedl Achievements and performance lcontinuedl Additionally, a small selection lamong many) of other highlights Included.. Educational Vi51ts lo the following overseas countries.. Eswalini Iceland Fran Belgium Poland KS3 Drama Club performed 'Three Tall Tales- A Garden Gala,, with an afternoon of family activities such as a PTA mini-fele, garden games and a vintage car display. Our alumni choristers performed Evensong In Liverpool Cathedral again, and the College Chapel Choir visited St. Paul's, London, by specific invitation, as well as the Summer term tour, this time In Hereford. A selection of headlines In relation to sport Include.. Football runners-up in U18 Cheshire Small Schools Cup Y13 400m Hurdles Commonwealh Youth Games - silver medallist Y13 Neston 1st team cricketer Y12 Connahs Quay football scholar and Academy player Y12 Cheshire Schoolboys U18 Captain Y12 Tensworth hockey and Deeside Ladies 1st team Y10 Crewe Alexandra - Academy footballer Y10 Tranmere Rovers- Academy footballer Y10 Tennis nationally ranked Y9 Chester Schoolboys & Chester FC footballer Y9 Tensworh hockey and Deeside 2nd team Y9 Judo national level Y8 Chester FC Y8 Cheshire cricketer Y7 Tennis U12 North Wales champion ISA North Athletics. Y10 x2 1st In Javelin Y10 1st In Shot Putt Y10 1st in Long Jump Y9 1 sl in Hurdles Y9 1 st In Triple Jump Y9 1 sl in Javelin Y7 1 st in Hurdles Y7 x2 1st in 100m Page 12 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Strategic report Icontinuedl Achievements and performance lcontinuedl c. Factors relevant to achieve objectives Additional lo activib.es undertaken lo achieve objectives, parental surveys included the following areas for appreciation.. 'The College is enabling my child lo thrive. 'The caring and nurturing environment. 'Opportunities in sport, music and extra-curricular aclivilies.. 'Surroundings and location. 'Thal my child is happy., 'Inspiring learning environment. 'The College cares about wellbeing." 'Enlhusiaslic leaching staff.. 'Abbey Gale provides a happy place for leaming." 'The College is a broad church and doesn't overly focus on academia, whilst also allowing the academic performers to do well. 'Dedicated teaching staff that nurture and provide an enriching experience for my children to learn and evolve. 'The fantssti¢ teacherlsludent relationships. 'Children are kind and caring. 'Nurturing our child's love for learning in a safe and supportive environment.. 'Each child has a voiTr and feels heard and not just a number.. 'The surroundings and facilities are kept so well. .1 love the warm and nurturing environment that Abbey Gale College provides for my child. My daughter is extremely happy here, and I truly appreciate how inclusive the school Is." 'Abbey Gate as a whole has so far proved lo be truly wonderful. My daughter is thriving there and is proud lo be part of the community. The standards throughout the school and expectations are high which I appreciate. The ethos of the school is different lo that of others and makes it stsnd apart." 'The caring and professional team are second to none. 'My child's confidence because they are comfortable to be who they are. 'The food is great, my child is happy and conlenled and seems lo love most classes and enjoys being part of the school. 'Strong arts programme." 'Pastoral care. 'The Infant and Junior Is particularly nurturing and exceptionally well managed. 'The care given to each individual child and how they are made to feel special for their Individual talents. 'The nurturing environment enables children to be happy, expressive and achieve the best they can academically. 'Friendly, approachable teachers and stsff." Page 13 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Strategic report Icontinuedl Achievements and performance lcontinuedl Similarfy, student surveys included the following areas of appreciation.. 'All the teachers treat pupils with respect and honesty and encourage us lo do our best., IY51 'The College does well, because all the trips are fun, lea¢hers are kind, the COll￿e is great, food Is awesome., IY51 'Making students included and safe., IY51 'The College has a kind and caring community, and good food. IY61 'The College does good food, trips, sports, kind, caring. It's the first school that I feel like at home., IY61 'Lols of trips and fixtures., IY61 'Makes you feel safe and challenges you to do your best. They also give you great sporting fixtures where they support you lolsl IY71 'The College does learning seriously and does not tolerate bad behaviour, which is good., IY71 'Everythingl From fixtures right the way through to lessons, l enjoy spending lime al this school., IY71 'College makes Sure each form and person has someone they can speak lo Individually. eg teachers and staff. The school also makes sure that everyone's voices are heard.. eg form represenlalives and their meetings., IY71 'Food, learning, sports.. IY71 'The College is a safe environment where I can leam and experience new opportunities and my teachers understand each person's individual needs in order to help them lo leam in the best way possible. The teachers are fair and deal with people that may break any rules., IY71 'It supports me as an individual. I feel safe and happy. l am in a good work environment and the teachers are fabulous and kind. l enjoy class and doing proiecls. I love the amount of opportunities that we are offered, even In my first year., IY71 'All the sporting events and opportunities also with singing and drama., IY71 'Teachers are aknjays friendly and know me. IY71 'The College is good al helping us leam while not stressing us out and has a good amount of homework." IY81 'Building a community and making you feel welcomed. IY81 'They are good at making sure everyone feels included., IY91 .1 think the College assemblies are always on really good, positive topics. I feel safe at the College, and I feel I have made some good friends. I think teachers at the College are really understanding and supportive. (Yg) 'Lesson times and movement are the right amount, most staff are friendly and make it easy to talk about problems, the gardens are beautiful.. IY101 'Teachers are good al getting to know pupils and understanding what each pupil needs lo learn effectively. IY101 .1 like that the teachers Ireal students as equals, rather than Inferior lo themselves. Most staff members can make a conne¢lion with students, allowing the student to enjoy their learning experience more., IY101 'The College makes you feel safe and secure and l always feel there Is someone to tell if I'm feeling unsafe.. IY101 'Providing school trips, clubs, and organising sport matches and competitions.. IY111 'Organising events and opportunities for pupils to tske part in. Making the school feel like a safe and enjoyable environment. School lunches are good. IY121 .1 think the College Is able lo emphasise the importance of pastoral-based activities and does a good job In making Sixth Form a good environment. It is a school that emphasises on the community feel and does a good job at it. They also have good cookies so Il's a bonus., IY121 'Makes everyone feel like an individual person and not just a number.. IY121 'Exlra¢urricular activities such as the Choir and other activities in the Performing Arts department.. IY131 'There Is a strong sense of community that makes everyone feel safe and welcome.. IY131 Page 14 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Strategic report Icontinuedl Achievements and performance lcontinuedl d. Investment policy and perfomiance The Charity has no endowment funds and, as the Board policy is to invest all surplus financial resourTrs in Improvements lo the Infrastructure of the College, there are no significant amounts available for Investment. Surplus cash is placed with deposit taking Institutions for short periods to maximise interest Income. Financial review . Going concem After making appropriate enquiries, the Trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial slatemenls. Further details regarding the adoption of the going concem basis can be found in the accounting policies. b. Reserves policy The charitable company has totsl funds al 31 August 2025 of £6,643,552 12024. £6,494,316) of which unrestricted funds are £6,568,462 12024.. £6,410,461) and restricted funds £75,090 12024.. £83,8551. Of the unrestricted funds, £150,000 12024. £150.0001 have been designated lo a Capital Fund. Tangible fixed assets are £5,441,33212024.. £5,497,741) thereby resulting in positive free reserves of £977,13012024. £762,720). c. Principal risks and uncertainties The Directors are responsible for the management of the risks faced by the charitable company. They identify risks and assess the impact and establish controls to minimise the effect of major risks. A formal process of review of the risks is undertaken on an on going and no less than annual basis, with a full Risk Register maintained by the College and the Board of Governors. Structure, governance and management a. Constitution Deeside House Educational Trust Limited Is registered as a charitable company limited by guarantee with charity number 273586 and was set up by a Memorandum of Association dated 29 February 2012. The principal objects of the charitable company as sel out In ils Articles are to promote and provide for the advancement of education and, In connection therewith, to carry on any school for the education of children of either sex. The charitable company carries on ils activities through Abbey Gale College. Page 15 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Structure, governance and management Icontinuedl b. Methods of appointment or election of Trustees The members of the charitsble Company appoint the Board of Directors. The Board of Directors Is the Governing Body of the College and the Trustee Board of the charitable company. Board members receive no remuneration for their serVI￿S a5 Trustees, Directors or Governors. They are legally responsible as charity Trustees, and as Directors and Governors, for the overall management and control of the charitable company and its educational establishment Abbey Gate College. The Board operates under agreed Temis of Reference and are required to confirm at each Board meeting whether or not they have any conflict of interest. The Board meets at least once each academic term lo review and approve the management affairs of the College and the Head Teacher and FinanTr Manager are invited lo, and report al, these meetings. In addition, the Board meets as necessary without the Head Teacher and Finan￿ Manager being present lo review the affairs of the charity that do not Impact directly on the College. Such matters relate principally lo the succession of Board members and members of the charitsble company. The Board strives to maintsin a broad range of skills within its membership and anyone expressing an interest in joining may be invited to do so by the Board. Recruitment to the Board is from within the membership of the charitable company and often follows an invitation lo serve on one of the committees of the Board which enables Individuals to offer adviTr in their particular field. c. Policies adopted for the induction and training of Trustees An induction programme operates which involves familiarisalion of new members with the organisation of the College and its affairs, clarifying their individual responsibilities, safeguarding induction and training, and ongoing attendance al appropriate external training sessions and conferences dependent on the needs Identified. d. Pay policy for key management personnel The key management personnel of the charitable company comprise the Directors and the Head Teacher. The Directors meet once a year to review salary benchmarking information relating to this position and set salary and benefit packages accordingly. Oryanisational structure and decision-making policies The Board appoints a Head Teacher who is responsible for the overall leadership, management and day to day running of the College and is supported by Leadership Teams of senior and middle leaders. 5 sub commillees operate within the goveming slruclure.. Education Committee Wellbeing Committee Finance Committee Promotions Committee Estates Committee 21 31 41 51 Specific Terms of Reference exist for each sub committee along with a regular routine of reporting to the Board each temi. Page 16 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Structure, governance and management Icontinuedl f. Financial risk management The Trustees have assessed the major risks lo which the Trust is exposed, in particular those related lo the operations and finances of the Trust, and are satisfied that systems and procedures are In place to mitigate exposure to the major risks. Plans for future periods The Directors are mindful of the prevailing economic conditions and have sel a revenue budget and capital expenditure plans for the year to 31 August 2026 based on tight financial management with associated fees at as low a level that is considered prudent after considering the needs of the College. Significant investment in new facilities will only be undertaken when resources permit. ststement of Trustees. responsibilities The Trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for preparing the Trustees, report including the Strategic report and the financial statements in accordance with applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Awounting Praclicel. Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees musl not approve the financial stslements unless they are satisfied that they give a true and fair view of the slate of affairs of the charitable company and of its incoming resources and application of resourTrs, Including ils Income and expenditure, for that period. In preparing these financial slatemenls, the Trustees are required lo.. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material departures disclosed and explained in the financial statements", prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any lime the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for ssfeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Dlsclosure of Infomiatlon to audltors Each of the persons who are Trustees al the time when this Trustees, report is approved has confirmed that.. so far as that Trustee is aware, there is no relevant audit information of which the charity's auditors are unaware, and that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charity's auditors are aware of that information. Page 17 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Auditors The auditors, WR Partners, have indicated their willingness to continue in offi￿. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees. Approved by order of the members of the board of Trustees and signed on their behalf by.. Jamt• Brown Dlreclor Dat8.. Page 18 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF DEESIDE HOUSE EDUCATIONAL TRUST LIMITED Oplnlon We have audited the financial statements of Deeside House Educational Trust Limited (the 'charitable company'l for the year ended 31 August 2025 which comprise the Ststemenl of financial activities, the Balan￿ sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. Iuniled Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial statements.. give a true and fair view of the stste of the charitable company's affairs as at 31 August 2025 and of ils incoming resources and application of resources, including its income and expenditure for the year then ended., have been property prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordan￿ with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relating to going concern In auditing the financial slalements, we have concluded that the Trustees. use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 doubt on the charitable company's ability lo continue as a going concern for a period of al least ￿e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect lo going con￿rn are described in the relevant sections of this report. Page 19 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF DEESIDE HOUSE EDUCATIONAL TRUST LIMITED ICONTINUEDI Other Informatlon The other infomialion comprises the information included in the Annual report other than the financial statements and our Auditors, report thereon. The Trustees are responsible for the other information contsined within the Annual report. Our opinion on the financial statements does not cover the other information and, except lo the extent otherwise explicitly slated in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misststemenl in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Oplnlon on other matters prescrlbed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Trustees. Report including the Strategic Report for the financial year for which the financial statements are prepared is consistent with the financial stalemenls. the Trustees. Report and the Strategic Report have been prepared in accordan￿ with applicable legal requirements. Matters on whlch we are requlred to report by exceptlon In the light of our knowledge and understanding of the charitsble company and its environment obtsined in the course of the audit, we have not identified material misstatements in the Trustees, Report including the Strategic Report. We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us lo report to you if, in our opinion.. adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not visited by us,. or the financial slalements are not in agreement with the accounting records and returns., or certain disclosures of Trustees, remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit. Page 20 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF DEESIDE HOUSE EDUCATIONAL TRUST LIMITED ICONTINUEDI Responslbllltles of trustees As explained more fully in the Trustees, responsibilities statement, the Trustees (who are also the directors of the charitable company 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 for such internal control as the Trustees determine is ne￿SSary lo enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial ststemenls, the Trustees are responsible for assessing the charitable company's ability lo continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but lo do so. Page 21 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF DEESIDE HOUSE EDUCATIONAL TRUST LIMITED ICONTINUEDI Audltors. responslbllltles for the audlt of the flnanclal statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors, report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misststemenl when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial ststemenls. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, lo delect material misststemenls in respect of irregularities, including fraud. The extent to which our procedures are capable of delecling irregularities, including fraud is detsiled below.. The audit team obtsined an understanding of the legal and regulatory frameworks that are applicable to the charitable company and determined that the most significant are those which relate to the reporting framework (The Charity SORP 20191, the relevant tax compliance regulations and the General Data Protection Regulation IGDPRI. We understood how the charitable company complies with these frameworks by making enquiries of management and those responsible for legal and compliance pro￿dure5. We also reviewed board minutes to identify any recorded InStan￿S of irregularity or non-compliance that might have a material impact on the financial statements. We reviewed the susceptibility of the charitable company's financial statements lo material misstatement including how fraud may occur by meeting with key management to understand where they considered there was a susceptibly to fraud. Based on our understanding our procedures involved enquiries of management and those charged with governance, manual joumal entry lesling, cashbook reviews for larye and unusual items and the challenge of significant estimates used in preparing the financial stslemenls. We reviewed the charitable company's regulatory environment lo ensure we could conclude that it had acted in accordance with the framework relevant to the charitable company and its environment and identify and instances of non-compliance. We also assessed the charitable company's internal control procedures to ensure we could appropriately scrulinise these controls and establish whether our understanding of the control environment was sufficient to supplement our additional testing procedures. Page 22 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF DEESIDE HOUSE EDUCATIONAL TRUST LIMITED ICONTINUEDI The engagement team consisted of a team that the engagement partner believes is equipped with the relevant level of technical and charity awareness to carry out our work to the required stsndard. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstalemenl in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely lo become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website al.. www.frc.or .uklauditorsres onsibilities. This description forms part of our Auditors, report. Use of our report This report is made solely to 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 slate to the charitsble company's members those matters we are required to stale lo them in an Auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and ils members, as a body, for our audit work, for this report, or for the opinions we have formed. Chris Speakman F CA IS•nlor st8tiitory auditor) for and on behalf of WR Partners Chartered Accountants Slatulory Auditors Belmont House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG Date. Page 23 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2025 Restricted Unrestricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacies Charitsble activities Investments 3.835 3,835 7,739,691 95,624 7, 713 7,619,202 102,640 7,739,691 9S,624 Total income 3,835 7.835,315 7.839,150 7, 729,555 Expenditure on: Charitsble activities 12,600 7,677,314 7,689,914 7,605, 792 Total expenditure 12,600 7,677.314 7,689,914 7,605, 792 Net movement In funds 18,7651 158,001 149,236 123, 763 Reconclllatlon of funds: Tot81 funds brought forward Nel movement in funds 83,855 18.7651 6,410,461 158.001 6,494,316 149.236 6,370,553 123, 763 Total funds carrled forward 75,090 6,568,462 6,643,552 6,494,316 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 28 to 46 form part of these financial statements. Page 24 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) REGISTERED NUMBER: 01269507 BALANCE SHEET AS AT 31 AUGUST 2025 2025 2024 Note Fixed assets Tangible assets 12 5.441.332 5,497,741 5,441,332 5,497,741 Current assets stocks Debtors Cash al bank and in hand 13 14 13,772 206,506 3,550,270 2,057,461 3,445,226 5.509,130 3,770.488 Current liabilities Creditors." amounts falling due within one year 16 14,008,200) (2,379,855) Net current assets 1,500,930 1,390,633 Total assets less current liabilities 6.942.262 6,888,374 Creditors." amounts falling due after more than one year 17 {298,7101 {394,058) Total net assets 6,643,552 6.494.316 Page 25 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) REGISTERED NUMBER: 01269507 BALANCE SHEET {CONTINUED) AS AT 31 AUGUST 2025 2025 2024 Note Charity funds Reslri¢led funds Unrestricted funds 18 18 75,090 6.568.462 83. 855 6,470,461 Totsl funds 6,643,552 6.494,316 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. Jame8 8rown Director Dat8.. IL£ The notes on pages 28 to 46 fomi p8rt of these flnancial statements. Page 26 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 2025 2024 Cash flows from operating activities Nel cash used in operating activities {87.258} 339,424 Cash flovts from investing activities Capital expenditure 1113.410} (249, 772) Net cash used in investing activities 1113,410} {249,7721 Cash flows from financing activities Bank investment interest re￿iVed 95,624 102,640 Net cash provided by financing activities 95,624 102,640 Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year 1105,044} 3,550,270 192,292 3,357,978 Cash and cash equivalents at the end of the year 3,445,226 3,550,270 The notes on pages 28 to 46 form part of these financial statements Page 27 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 General Infomiatlon Deeside House Educational Trust Limited is a charitable company, limited by guarantee and incorporated in England and Wales. The members of the charity are the trustees named on page 1 of these accounts. In the event of the charitable company being wound up, the liability in respect of the guarantee is limited to £20 per member of the charitable company. Accountlng pollcles 2.1 Basis of preparation of financial statements The financial slalements have been prepared in accordan￿ with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Deeside House Educational Trust Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise slated in the relevant accounting policy. 2.2 Going concern After making enquires, the Trustees have a reasonable expectation that the charitable company has adequate resources lo continue in operational existence for the foreseeable future. The charitable company therefore continues lo adopt the going concern basis in preparing ils financial slalements. Page 28 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng pollcles Icontlnuedl 2.3 Income All income is recognised once the charitsble company has entitlement lo the income, it is probable that the income will be re￿iVed and the amount of income receivable can be measured reliably. The rec￿nitIon of income from legacies is dependent on establishing entitlement, the probability of re￿Ipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the charitsble company has sufficient eviden￿ that a gift has been left lo them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that il will be received and the fair value of the amount receivable, which will generally be the expected cash amount lo be distributed to the charitable company, can be reliably measured. Where the donated good is a fixed asset, il is measured al fair value, unless it is impractical to measure this reliably, in which case the cost of the item to the donor should be used. The gain is recognised as income from donations and a corresponding amount is included in the appropriate fixed asset class and depreciated over the useful economic life in accordance with the charitable company's accounting policies. On receipt, donated professional setvices and facilities are recognised on the basis of the value of the gift lo the charitsble company which is the amount it would have been willing to pay lo obtain services or facilities of equivalent economic benefit on the open market,. a corresponding amount is then recognised in expenditure in the period of receipt. Income lax recoverable in relation to donations re￿iVed under Gift Aid or deeds of covenant is recognised at the lime of the donation. Income lax recoverable in relation to investment income is recognised at the time the investment income is re￿1Vable. Fees receivable and charges for services and use of the premises, less any allowances, scholarships, bursaries granted by the School against those fees, but including contributions received from reslricled funds, are accounted for in the period in which the services are provided. 2.4 Expendlture Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third paty, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single activity are allocated directly to that aclivily. Shared costs which contribute to more than one activity and support costs which are not attributable lo a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Governance costs are those incurred in connection with administration of the charitable company and Complian￿ with constitutional and slatulory requirements Page 29 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng pollcles Icontlnuedl 2.4 Expenditure {continued) Expenditure on charitable activities is incurred on directly undertaking the activities which further the charitable company's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.5 Interest recelvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charitable company,. this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. 2.6 Taxatlon The charitsble company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitsble company for UK corporation lax purposes. Accordingly, the charitable company is potentially exempt from taxation in respect of income or capitsl gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. 2.7 Tanglble flxed assets and depreclatlon Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured al cost less accumulated depreciation and any accumulated impairment losses. All costs incurred lo bring a tsngible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, on both a straight line and reducing balance basis. Depreciation is provided on the following bases.. Long-temi leasehold property Motor vehicles Fixtures and fillings 2Qk _ 70/0 Straight line 250/0 written down value 50A 25Oh straight line 2.8 Stocks Stocks are valued al the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 2.9 Debtors Trade and other debtors are recognised al the settlement amount after any trade discount offered. Prepayments are valued al the amount prepaid net of any trade discounts due. Page 30 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng pollcles Icontlnuedl 2.10 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the dale of acquisition or opening of the deposit or similar account. 2.11 Llabllltles and provlslons Liabilities are recognised when there is an obligation at the Balance sheet dale as a result of a past event, it is probable that a transfer of economic benefit will be required in selllemenl, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charitsble company anticipates it will pay lo settle the debt or the amount it has re￿iVed as advanced payments for the goods or services il must provide. Provisions are measured at the best estimate of the amounts required lo settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finan￿ cost. 2.12 Flnanclal Instruments The charitsble company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured al their settlement value with the exception of bank loans which are subsequently measured al amortised cost using the effective interest method. 2.13 Operatlng leases Rentals paid under operating leases are charged to the Statement of financial activities on a straight- line basis over the lease temi. 2.14 Penslons The charitable company contributes to personal pension plans for non-teaching and teaching staff. Contributions lo pension schemes are charged to expenditure as they become payable in accordance with the rules of the schemes. The Teachers, Pension Scheme l TPS l is an unfunded scheme and contributions are calculated so as to spread the cost of pensions over employees, working lives with the College in such a way that the pension cost is a substantially level percentsge of current and future pensionable payroll. The contributions are determined by the Govemmenl Actuary on the basis of quadrennial valuations using a prospective unit credit method. TPS is an unfunded mulli-employer scheme with no underlying assets lo assign bel￿een employers. Consequently, the TPS is treated as a defined contribution scheme for accounting purposes and the contributions recognised in the period to which they relate. Page 31 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng pollcles Icontlnuedl 2.15 Fund accounting General funds are unreslricled funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes lo the financial ststemenls. Restricted funds are funds which are to be used in accordance with specific reslriclions imposed by donors or which have been raised by the charitable company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes lo the financial statements. Investment income, gains and losses are allocated to the appropriate fund. 2.16 Prepald Fees Scheme The College operates a prepaid fees scheme and parents may, subject lo contractual terms and conditions, pay to the College luilion fees in advance. The money may be returned subject to specific conditions. Crltlcal accountlng estlmates and areas of judgment Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Critical accounting estimates and assumptions.. The charitable company makes eslimales and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a signifi'cant risk of causing a material adjustment lo the carrying amounts of assets and liabilities within the next financial year are discussed below. Depreciation rates are determined based on the estimated useful life of the asset. Residual value estimates are based on the estimated value al the end of the useful economic life of the asset. Page 32 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Income from donatlons and legacles Restricted funds 2025 Total funds 2025 Total funds 2024 Donations 3,835 3,835 7, 713 Total 2024 7, 713 7,713 Income from charitable activities Unrestrieted funds 2025 Total funds 2025 Total funds 2024 Teaching 7,739,691 7.739,691 7,619,202 Total 2024 7,619.202 7,619.202 Analysis of income from charitable activities by type of income Restricted Unrestricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Gross fees receivable Less.. scholarships, bursaries and other discounts 6,889,887 6.889.887 7,024,688 1261,0621 1,110,866 1261.062} 1,110,866 3,835 (326,967) 921,481 7, 713 Other income from charitable activity Donations 3,835 3,835 7,739,691 7.743.526 7,626,915 Total 2024 7,713 7,619.202 7.626,915 Page 33 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Investment Income Unrestricted funds 2025 Total funds 2025 Total funds 2024 Other investment income 95,624 95,624 102,640 Total 2024 102,640 102,640 Analysis of gxpenditure on charitsblg activitiOS Summary by fund typg Rgstricted Unrestricted funds funds 2025 2025 Total 2025 Total 2024 Teaching Catering Costs Bus costs 4,417,972 483,864 381,229 911,062 1,479,087 24,100 4.417.972 483,864 361,229 911,062 1.491.687 24,100 4,441,612 497,881 344,633 947, 185 1,353, 181 21,300 Premises Support costs of ￿hOOling Governance 12,600 12,600 7,677,314 7.689.914 7,605, 792 Total 2024 16,478 7,589,314 7,605, 192 Page 34 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Analysls of expendlture on charltable actlvltles Icontlnuedl Summary by expendlture type Staff costs Depreciation Other costs 2025 2025 2025 Total 2025 Total 2024 Teaching Catering Costs Bus costs Premises Support Costs of schooling Governance 4,280,889 30,852 12,760 13,641 102,177 10,388 106,231 471,104 347,588 540,057 887,421 24,100 4,417,972 483,864 361.229 911,062 1,491,687 24.100 4,441,612 497.881 344,633 947, 185 1,353, 181 21,300 268,828 593,878 5,143,595 169,818 2,376,501 7,689,914 7,605, 792 Total 2024 5,111,401 196, 123 2,298,268 7,605, 792 Net Incomel{expendlture) This is staled after charging.. 2025 2024 Depreciation Operating lease charges Auditors remuneration 169,819 192.237 14.900 196, 123 184,073 13,700 376,956 393,896 Page 35 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 10. Staff costs 2025 2024 Wages and salaries Social security costs Contribution lo defined contribution pension schemes 3.987.360 415,753 740,482 3,939,308 404, 733 767,360 5.143.595 5,111.401 The average number of persons employed by the charitable company during the year was as follows.. 2025 No. 2024 No. Teaching Staff Support Staff 85 26 84 26 110 While the average headcount increased marginally during the year, the lolal full-time equivalent IFTEI staffing level declined, attributable lo a higher proportion of part-lime roles within the College. The number of employees whose employee benefits (excluding employer pension costs) exTreded £60,000 was.. 2025 No. 2024 No. In the band £60,001 £70,000 In the band £90,001 - £100,000 In the band £100,001- £200,000 During the year key management personnel received remuneration lotalling £498,61912024.' £495,669). 11. Trustees. remuneration and expenses During the year, no Trustees re￿iVed any remuneration or other benefits (2024- £NIL). During the year, no Trustee expenses have been incurred (2024- £NIL). Page 36 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 12. Tanglble flxed assets Long-term leasehold property Motor Fixtures and vehicles fittings Total Cost or valuation At 1 September 2024 Additions 5.346,310 54,976 203.344 2,282.115 58.434 7,831,769 113,410 At 31 August 2025 5.401,286 203,344 2,340.549 7,945,179 Depreciation At 1 September 2024 Charge for the year 372,836 40,402 107,648 16.831 1,853,544 112.586 2,334,028 169.819 At 31 August 2025 413.238 124.479 1,966.130 2.503,847 Net book value At 31 August 2025 4.988,048 78.865 374.419 5,441.332 At31 August 2024 4.9T3,474 95,696 428,571 5,497,741 13. Stocks 2025 2024 Finished goods and goods for resale 13,712 Page 37 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 14. Debtors 2025 2024 Due within one year Trade debtors Other debtors 1,876,653 5,826 174.982 21,503 5,334 179.869 Prepayments and accrued income 2,057.461 206,506 In the current year, 2025 Autumn term fee invoices were dated in the 2025 financial year. The income has been appropriately deferred, however this has resulted in a large increase to trade debtors, deferred income and VAT payable. The net assets remain unaffected. 15. Cash at bank Various society, sports and similar clubs maintsin bank accounts which are administered by the College. The balance on these various bank accounts is included within cash in bank at 31 August 2025, and within creditors", amounts falling due within one year, is £30,156 12024. £25,001). The income paid into these accounts in the year to 31 August 2025 of £11,501 12024." £10,538) is not income of the College and is therefore not included in incoming resources within the Statement of Financial Activities. The expenditure from these accounts was £6,34512024'. £8,632) in the year. 16. Credltors: Amounts falllng due wlthln one year 2025 2024 Fees in advance Trade creditors Advance fee contracts Repayable deposits other laxalion and social security Other creditors Accruals and deferred income 1,019.690 207,844 150,033 160.210 536.700 208,763 1,724,960 1,537,603 175,003 144,555 162,635 90,207 154,080 175,772 4.008.200 2,379,855 Page 38 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 17. Credltors: Amounts falllng due after more than one year 2025 2024 Repayable deposits Advance fee contracts 246.260 52,450 220,585 173,473 298,710 394,058 Advance Fee Contracts Certain parents have entered into contracts to di￿harge, under certain conditions, the equivalent of up lo seven years, tuition fees In advan￿. Amounts reTrived from advanced fee contracts are included In cash at bank and are dealt with as unrestricted funds. Assuming the pupils conTrrned remain in College for the expected academic years, advance fees will be applied to fee income as follows.. Movomonts in the ygarwerg: 2025 2024 Balance al 1 September 2023 Amounts received in the year Amounts ulilised in the period in setuemenl of fees 318.029 29.010 1144,555} 87,029 265,718 (34, 718) 202,484 378,029 Repayable Deposits Deposits are taken when pupils commence their education at the College and are repaid when the pupils leave. Hen￿, the College recognises the asset and the liability in the balan￿ sheet. Assuming the pupils remain in the College for the expected academic years the deposits will be repaid as follows.. 2025 2024 Amounts repayable within one year Amounts repayable between 1 to 5 years Amounts repayable after 5 years 160,210 100,675 145.585 162,635 91,250 129.335 406.470 383,220 Page 39 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 18. Statement of funds Statement of funds - current year Balance at 1 September 2024 Balance at 31 August 2025 Transfers Inlout Income Expenditure Unrestricted funds Designated funds Bursary fund Capital fund {144.1771 144.177 150,000 150,000 150,000 {144,1771 144,177 150,000 General funds General Funds - all funds 6,260,461 7,835,315 17,533,137) 1144,177) 6,418,462 Total Unrestricted funds 6,410.461 7.835.315 17,677.3141 6,568.462 Restricted funds Restricted Funds- all funds 13,733 70.122 3,835 13,8351 18.7651 13,733 61,357 Capitsl Expenditure 83,855 3,835 112,6001 75,090 Total of funds 6,494,316 7,839,150 I7,689,9141 6,643,552 Page 40 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 18. Statement of funds (contlnuedl Deslgnated funds Bursary fund Over the last 40 years the provision of bursary places has transformed lives, enabling pupils from all backgrounds to follow their dreams and become the person they want lo be. The Abbey Gale College Bursary Fund provides children with the opportunity lo realise their individual potential through an oulstsnding education, regardless of financial circumstances. Capital fund The Capitsl Fund was estsblished in 2021 and has been set up lo fund capitsl purchases and developments over the next 5 years. The college are looking to improve the school facilities in order lo enhan￿ the learning of pupils. Proposed projects include enhancing the refectory at the senior school, improving the sixth form provision and extending the science laboratories. During the year £144,17712024'. £139,677) was expended in relation to the Bursary Fund. Restrlcted funds Reslricled income includes donations received during the year of £3,835 12024.. £7,713) for the development of teaching facilities and bursaries. £3,835 12024.. £7,713) was utilised during the year lo support pupils through the bursary scheme. The reslricled fund balan￿ for teaching facilities and bursaries is £nil12024'. £nill. £nil 12024.. £nill of the restricted donation received in 2014115 for visits to the Royal Philharmonic was expended, with £3,800 remaining of the original £10,000 donation. The restricted fund also includes £9,933 for a variety of purposes. Page 41 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 18. Statement of funds (contlnuedl Statement of funds - prlor year Balan￿ at I September 2023 Balan￿ at 31 August 2024 Transfers in/oul Incom8 Expenditure Unrestricted funds Designated funds Bursary fund Capital fund (139,677) 139,677 150,000 150,000 150,000 {139,677) 139,677 150,000 General funds General Funds - all funds 6,127,933 7, 721,842 (7,449,637) (139,677J 6,260,461 Total Unrestricted funds 6,277,933 7,721,842 f7,589,314) 6,410,461 Restricted funds Restricted Funds- all funds Capital Expenditure 13,733 78,887 7,713 (7, 713) (8, 765) 13,733 70,322 92,620 7,713 (16,478) 83,855 Total of funds 6,370,553 7, 729,555 (7,605, 792) 6,494,316 Page 42 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 19. Analysls of net assets between funds Analysls of net assets between funds - current year Restrlcted Unrestrlcted funds funds 2025 2025 Total funds 2025 Tangible fixed assets Current assets Creditors due within one year Creditors due in more than one year 5,441,332 5,441,332 5,425,455 5,500,545 13,999,615) 13,999.6151 1298,7101 {298.7101 75,090 Total 75,090 6,568,462 6,643,552 Analysis of net assets between funds - prior year Restricted un￿Stricted funds funds 2024 2024 Total funds 2024 Tangible fixed assets Current assets Creditors due within one year Creditors due in more than one year 5,497,741 5,497,741 3,686,633 3, 770,488 (2,379,855) (2,379,855) (394,058) 1394,058) 83,855 Total 83,855 6,410.461 6,494,316 Page 43 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 20. Reconclllatlon of net movement In funds to net cash flow from operatlng actlvltles 2025 2024 Nel income for the year las per Stslemenl of Financial Acliviliesl 149.236 123, 763 Adjustments for: Depreciation charges Interest income Decreasellincreasel in stocks Decreasellincreasel in debtors Increase in t￿dItorS 169,819 {95,624} 7.269 12.568,416} 2,250,458 196,040 (102,640) (1,253) 18,747 104, 767 Net cash provided byllused inl operating activities 187,258} 339.424 21. Analysis of cash and cash equivalents 2025 2024 Cash in hand 3,445,226 3.550,270 Total cash and cash equivalents 3.445.226 3,550,270 22. Analysls of changes In net debt At1 September At31 2024 Cash flows August 2025 Cash al bank and in hand Debt due within 1 year Debt due after 1 year 3.550,270 {144,5551 {220,5851 1105.044} 3.445,226 15,478} {150,0331 (25,675) {246,2601 3.185,130 1136.197} 3.048,933 Page 44 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 23. Penslon commltments Penslon Arrangements During the year, the College began a phased withdrawal from the Teachers, Pension Scheme ITPS}, with no new joiners permitted to join this scheme. A new defined contribution pension scheme was introduced for existing teacher stsff and new starters, in line with the College's pension strategy. The College offers a defined contribution "Stakeholder schemes lo both teaching and non-leaching staff. Totsl contributions to these schemes for the year ended 31 August 2025 were £268,231 12024.. £43,354>, of which £203,226 12024.. £nill related to teaching staff moving from TPS and joining the new scheme. Contributions outstanding at the year-end were £35,018 12024.. £9,850). The increase in contributions reflects the introduction of the new scheme for teachers and increased staff participation. Teachers. Penslon Seheme The Teachers. Pension Scheme ITPSI is a ststulory, contributory, defined benefit scheme, governed by the Teachers, Pension Scheme Regulations 2014. The TPS is an unfunded scheme lo which both the member and employer makes contributions, as a percentage of salary - these contributions are credited to the Exchequer. Retirement and other pension benefits are paid by public funds provided by Parliament. From 31 August 2024 the TPS is closed lo new members and existing teachers have the option whether lo remain in the TPS or move lo the defined contribution scheme. The Teachers. Penslon 8udgetlng and Valuatlon Account The Government Actuary, using normal actuarial principles, conducts a formal actuarial review of the TPS in accordance with the Public servi￿ Pensions Ivalualions and Employer Cost Capl Directions 2014 published by HM Treasury every 4 years. The aim of the review is lo ensure scheme costs are recognised and managed appropriately and the review specifi'es the level of future contributions. Actuarial scheme valuations are dependent on assumptions about the value of future costs, design of benefits and many other factors. The lalesl actuarial valuation of the TPS was carried out as at 31 March 2020. The valuation report was published by the Department for Education on 27 October 2023, with the SCAPE rate, set by HMT, applying a notional investment return based on 1.70A above the rate of CPI. The key elements of the valuation outcome are.. employer contribution rates set at 28.680A of pensionable pay (including a 0.080/0 administration levyl.This is an increase of 50/0 in employer contributions and the cost control result is such that no change in member benefits is needed. total scheme liabilities (pensions currently in payment and the estimated cost of future benefilsl for service to the effective date of £262,000 million and notional assets (estimated future contributions together with the notional investments held at the valuation dale) of £222,200 million, giving a notional past service deficit of £39,800 million. The result of this valuation will be implemented from 1 April 2024. The next valuation result is due to be implemented from 1 April 2027. The employer's pension costs paid lo TPS in the year amounted to £472,430 12024.. £725,716) and the amounts payable al 31 August 2025 was £50,97712024.' £88,703). Page 45 DEESIDE HOUSE EDUCATIONAL TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 23. Penslon commltments Icontlnuedl A copy of the valuation report and supporting documentstion is on the Teachers, Pensions website Iwww.leacherspensions.co.ukJnewslemployers1201910411eachers-pensions-valuation-report.aspxl. Under the definitions sel out in FRS 102, the TPS is an unfunded multi-employer pension scheme. The College is unable to identify ils share of the underlying assets and liabilities of the plan. Accordingly, the College has taken advantage of the exemption in FRS 102 and has accounted for ils contributions to the scheme as if il were a defined contribution scheme. The College has sel out above, the information available on the scheme. 24. Operatlng lease commltments At 31 August 2025 the charitsble company had commitments to make future minimum lease payments under non-cancellable operating leases as follows.. 2025 2024 Not later than 1 year Later than 1 year and not later than 5 years Later than 5 years 137.054 488.668 852,616 155,068 444,836 959, 193 1,478,338 1,559,097 25. Related party transactions During the year, reimbursement of Directors expenses amounted to £nil relating to O Director {2024.' £25 relating to 1 Director) in relation to travel and subsistence. During the year six children of three Directors and grandchildren of one other direclor12024'. Eight family relatives of four Directors) attended the college. Fee discounts are awarded on the same basis as available lo other parents. 26. Controlling party The College, having no share capital, is under the control of the Board of Directors, who are also the Trustees of the College. Page 46