2025-08-31-accounts

CLAREMONT Company Number.. 01262373 Charity number: 274664 FAN COURT SCHOOL THE CLAREMONT FAN COURT FOUNDATION UMITED IA Company Limited by Guarantee) TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 1111 FI)XRFF 0710512026 COklPANIÉS HOUSE

THE CLAREMONT FAN COURT FOUNfk4TION UMITEO {AcOrn￿ limited by Guarantee) CONTENTS CHAIRMAN'S STATEMENT...................................................................... ............... STRucfuRE. GOVERNANCEAND MANAGEMENT...................................................... . STFiATEGIC REPORT.................................. OBJECTS, AIMS, OBJEcfivES AND AcnvmES......................................................................................................... ACHIEVEMENTSAND PERFORMANCE..........-........................................................................................................... PUBUC BENEFIT................................................................................. .... .13 FUTURE PLANS........................................................................................................................................................1S STREAMLINED ENERGY AND CAR8ON REPORTING...............................................................................................17 FINANCIAL REVIEW.................................................................................. .19 RISK MANAGEMENT................................. .20 GOVERNORS AND CHARITYTRUSTEES...................................................................................................................23 OPINION..............................................................................................................................................................-...26 PROFESSIONALADVISERSTO THE SCHOOL............................................................-..-.....-.-...................................25 CONSOLIDATED STATEMENTOF FINANCIALAcnvrrES................................................................. .30 CONSOLIDATED BALANCE SHEET . -31 COMPANY BALANCE SHEEf....................................................................................................................................32 CONSOLIDATEO STATEMENTOFCASH FLOWS.........-............................................................................................33 NOTESTO FINANCIAL STATEMENTS........................................................................... .... .. . . 34-53 Page I

THE CLAREMONT FAN COURT FOUNOATION UMITED IA Company Limited Guarantee) CHAIRMAN'S STATEMENT l am pleased to present the Trustees. Annual Report and Financial Statements of The Cla￿MOnt Fan Court Foundation Limiled for the year ended 31 August 2025. This year has been one of si8nifr.cant progress for the school. delivered against a backdrop of continued economic. political and regulatory challenge for the independent education sector as a whole. Thmughout the year, the Board of Govemors has remained steadfastly focused on safeguarding the long- term sustainability of the school while ensurin8 our pupils continue to benefit from a broad, ambitious and values.led education. Despite the challenges presented by rising operational costs, the introduction of VATfrom January 2025, the removal of business rates relief and an increase irb employer5. national insurance contributions, the school has navigated these pressures with care and clarity. Demand for places has ￿mained strong acT055 all age groups, and the quality of teachin& pastoral care and co-curricular opportunity continues to underpin our reputation in the local community. Educational standards remain high. We were delighted to see our pupils achieve the school's Stron8e5t A level and GCSE outcomes to date. with an outstanding level of added value to our academic achievements as well as an impressive array of university. apprenticeship and specialist pathway destinations. These achievements refiect the dedication and expertise of our teaching and support staff. who remain at the very heart of Claremont'5 svccess. Durin8 the year we continued to invest thou8htfully in our historic site and facilitr"es. ensuring that development5 were both educationalty purp05eful and financially sustainable, notably the expansion of the 5iYth form centre and improvements to the Joyce Grenfell performing art5 ¢entre. We are equally proud of the School's contr.nued commitment to public benefit. Claremont's ethos of service was reflerted in the breadth of fundrnising. volunteering and outreach inthatr.ves undertaken by staff and pupils throu8hout the year. The financial performance of the School remain5 robust. A surplus of £2.7m was generated. enabling us to continue investin8 in our people and site whilst ensuring our future resilience. The Board remains ViEilant in its oversight of risk, maintaining stron8 financial governance arbd ensurin8 the School is well-positi'oned to manage the uncertainties inherent in the current environment. Claremont Fan Court School stands today as a thrNing and ambitious community, led by its stronglv" rooted values. As we look ahead, we remain comrnitted to ensurinE that the School contr.nues to floLTrrish, providing Outstanding education and personal development for present and future generation5. kos&r g r MArfri Roger Martin Chair of Governors The Claremont Fan Court Foundation 2110412026 Page 2

THE CLAREMONT FAN COURT FOUNDATION LIMITED IA Company Lirnited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The trustee5 present their annual report together with the audited financial statements of The Claremont Fan Court Foundation Limited (the Company) foi the year ended 31 August 2025. The annual report Se￿e5 the purpose of both a trustee5' arKI a directors, report under company law. The trustees confirm that the annual report and financial statements of the Company cornply with current statutory requirements, the ￿quIrementS of the Company's governing document and the prov15ions of the Statement of Recommended Practi￿ ISORPI "A¢eounkn"ng and Reporting by Char￿"eS, applicable to charities preparing their accounts in accordance with the Financial Repo￿ng Standard applicable in the UK and Republic of Ireland IFRS1021 (effective l January 20151 as amended by Update Bullerin I leffertive l January 20191. STRUCTURE, GOVERNANCE ANO MANAGEME The Claremont Fan Court Foundation Limited was incorporated on 10 June 1976 and is registered with the Charity Commission under number 274664. It is constituted as a company limited by guarantee and registered in England. No. 01262373. The company is governed by its articles of association last amended on l August 2019. Governance and management The governance of the school is the responsibilty of the trustees (the "tmstees" andlor"governors"l. who apN)int the executive head and the Clerk to the governors. Williarn B Tierty is the executive head with re5ponsibilily for pupils aged 2 to 18 year5 across the whole school. The executive head delegates exetuts.ve ￿sponsIbl1￿￿eS to the key leadership team. The executive head and directors of finance arbd operats"on5 attend all 8overnors' rneetings. The head of the junior school attends èll plenary meet6n8S of the full governing body and some sulkcommittee meetings. Trustees are elected under the temis of the artitle5 of association and are elected or w-opted to committees according to their skills and experience and following the policy for the induction of 8overnors. Governo￿ are sought and selected according to the present and future needs of the school. balanced with the skills and experience of the current board of trustees. Governors are self-appointing and J nominations committee consider5 governor su¢ce55ion. The board enSU￿S at least two of the trustees shall be prattising Christian Scientists whilst recognising that they require appropriate skills and experience to fu￿1 their duties as trustees. Governors Jre appointed for a term of five years and may. upon re*lection. serve up to two temis. Induction and tfainin8 of trurtees All new trustees attend the school to see the day-twlay operation and to meet senior staff. New trustees rneet the chair of governor5. one or two othergovernors, the head and the direttors of finance and operation5. New governors receive key wlicies and p￿￿rtUreS. and the governor committee structure is explained. New governors a￿ ￿qUI￿d to undertake the Association of Governing Bodies of Independent Schools on-ltne training session for new trustees and to attend any further external training the chair of governors considers appropriate and helpful for their new role. Governors receive ￿gUlar ￿adIng material and trainin8 on the role and responsibilities of trustee and specific training where relevant. Page 3

THE CLAREMONT FAN COURT FOUNTh4TION UMITED (A Comp*ry limited by Guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31AUGUST 2025 Organisation and management A full goveming body meeting takes place at least three tr.mes each year. The work of decision- making and monitoring policies in the school is undertaken in a framework of formal sub-committees during the year including educakn"on. planning and development, finance and general purpose5 including health and safety IH&SI. and people, culture and governance Iformerty nominations). Governor working groups form when required- for example, over the review of staff pension provision. The trustees are clear that their main focus is on strategy. performance and as$urance rather than operational matters, wtth appmpriate delegation to the key leadershrp team. During the year. the key leadership team, comprising the head of the junior school. the whole-school deputy heads and bursar and chaired by the execub.ve head, meets weekly during term-time,. senior leaders induding deputy heads and support executive5 meet rnonthty and the senior management team convenes weekly during term-time. The junior school also holds weekly management meetings during term-tirne. Following the end of the academic year the key kadership team was restructured to include the direttor of operation5 and director of finance in place of the bursar. Structure and relationships The charity has one wholly owned non<haritsble subsidiary. Claremont Fan Court Enterprises Limited. whose annual profits are donated to the charity under the gift aid scherne. The trading activities of C13￿mOnt Fan Coun Enterprises Limited comprise lettings of the facilities when not in use by the school. Staff remuneration and eqval opportunities policy Staff remuneration. including that of the key leadership team, is decided annually by governors after considering the overall annual budget and recommendations from the fi'nance and general purposes committee. Trustees consider affordability, operating costs, sector and local independent school market conditions including staff ￿¢rUitMeTrt and retention, and the political and economic environment including inflatr.on and the cost of living. Equality. di¥erslty and indus•on Claremont Fan Court School is an equal opportunifies ernployer and is comrnitted to providing a positive and thriving working environment for all Siaff. promots.ng equal opportunities in employment and creating a workplace culture in which equality. diversity and inclusion is Valued. The school treats all staff in accordance with the Equality Act 2010 and expects all staff to comply with the law and the relevant school policy. Trustees ￿£08￿￿Se that equal and inclusive systerns and culture allow staff and pupils to thrive regardless of their background. identity or circumstance. The school's goal 15 for every individual to be treated with dignity and respect. free from any form of inappropriale or unacceptable behaviour. The school strives to create a friendly, carin8 and professional environment in which every indNidual is valued and appreciated. Claremont Fan Court School's policy is to recruit. retain, and devek)p employees based on merit, skills and suitability for the role. promoting equality of opportunity and diversity. The school makes reasonable adjustments to accommodate the needs of disabled emp￿yeeS and provides. whenever possible. opportunities for trainin& career development and promotion. In cases where employees become disabled during their employment, the school makes every effort to support them in coniinuing their role or transitiorbing them to a suitable atternative with appropriate training and specialist advice. Page 4

THE CLAREMONT FAN CIXJRT FOUNDATION UMITED (A Company limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 All staff ￿ceIve training in equality, diversity and inclusion trainin& and bultying and harassment in the workpla￿. The school's aim is to encourage and support equalrty, diversity and inclusion and actively promote culture that values drfference and eliminaies discrimination in the workplace. Employee en8agemenl The school highty values the contritrmjtions of all its staff and is committed to staff wellbeing and a supportive work environmeni. There are various mea5UTes in place to support staff and foster sense of community. including line manager ontrto-one sessions. social events. and dedicated support from HR. In addition to access to counselling and the employee assistance helpline, the school promotes healthy working pracb"ce5 through flexible working arrangements Whe￿ possible. The school a150 en8a8e5 Wlth employees through structured ininaiives such as employee surveys, staff meetr"n85. and Working groups to improve workplace cuttU￿ and wellbeing and inform future initiatives. Employee communication Staff receive regular inset briefing5 from the key leadership team to stay infomied about school and sector matter5, financial updates and broader political and economic challenge5 affectin8 the school and influencing its strategic direction. Weekly team and school-wide briefi'ngs further ensure that staff remain updated on school developments. Formal and informal consultats.orts provide opportunitr.es for staff input. Staff are active￿ encouraged to support the school's 5ucce55 by aligning their performance review targets with the school's d￿eloPMent plan. Benefits Staff had access to a variety of competitive employee benefits includin8 a highly competilive pension scheme, free lunches during term-time. a cycle to work scheme, a counselling helpline, death in service benefit and a school fee remission scheme. The school aim5 to foster a supportive and collabofative culture where staff feel genuinely valued. In September 2024. the school introduced an alternative defined contribution IDCI pension scheme for teachers together with provistons for death in service and income protection cover. This scheme sits alongside the Teachers. Pension Scheme which remains an option for those teacher5 already employed at the school and elerting to remain in it. This provided teachers with a choice of a wider range of employer and employee contribution options and offe￿d £￿alertIemIblIIty to support individual h"nancial circumstances. Trainiry and devdopment Staff are offered numerou5 Opportunities to develop their skills. whetherthrough training courses, online webinars, apprentr"ceship programmes. attending conferences, being allocated a mentor or receiving financial support for professional qualificarions. Staff were able to appty for additional responsibilities or more senior roles. refieuing the sthool's commitment to career progression Page 5

THE CLAREMONT FAN COURT FOUNLV4TION LIMITED {AcOrnp￿ Limited by Guwantre) TRUSTEES. REPORT FOR THE YEAR ENDEO 31 AUGUST 202S STRATEGIC REPORT This report provides context forthe financial statements together with an analysis of performance and insight into the school's objectives. The trustees are satisfied with the school's performance againsi strategic aims and objectives. 08JECTS. AIMS. OBJECTIVES AND AcnvmES Charitsble objects The principal objects of the Foundation are= To establish and rnaintain. in accordance with the policies of the foundation, a school or schools offering an education of the highest order. To provide lor the deliveryof lectures and holding of exhlbitions. public meetines. Classes and conferences, calculated directlyor indirectly io advano the cause of education. Aims In 5ettin8 objective5 and planning attivities, the trustees h￿e given due conshleration to general guidance published by the Charity Commission relating to public benefit. including the guidance 'Public benefit.. running a charity IPB21'. The Company operate5 an independent. coéducational school for pupils from 2 to 18 years, comprising a junior school (which include5 a nursery and pre-nurseryl and a senior school. The Company is the parent company of a trading entity. Claremont Fan Court Enterprises Lid. Together they form the Group. The school's aims are set out in its mission". To provide an environment where the God-given potential of every indNidual 15 recognised and valued. With this recognition comes the expectat?on of high personal achievement and moral standards and a developing awareness of our individual responsibility to each other and our world,. To maintain a broad and forward-looking curriculum in which pupils are eneoura8e(J to think independently to meet the demands of a rapidty changing world: To encourage our pupils to awaken to all that is good and true within and around them in their spiritual journey of self-discovery: To equip our pupils with a strong set of value5 for future decision making. The following values are fundamental to everything we do.- courtesy. respect, trust, moral integrily, self-discipline, love for God and man.. The school embraces the whole Claremont family= pupils. parents, guardians. staff and governor5 in its mission. vision and eihos. Page 6

THE CiAREMONT FAN COURT FOUNQ4TION LIMITED IA Cornpany Limited by GuaTrntsel TRUSTEE5' REPORT FOR THE YEAR ENOED 31 AVGVST 2025 The school'5 vision is in accordance with the mission= Claremortt Fan Court develops individuals who re outstanding citizens. aware of their responsibility to Othe￿ and contribute positively to global society. This is realised by being a high-quality school of choice where young people achieve more than they think is possible. Goodness underpins this school. Teachers. staff. pupils and their families are expected to support and extend the atmosphere of respert. courtesy. the love of learning and the value of friendship that is held dear at Cla￿MOnt Fan Court khool. This peaceful and purposeful intent extends throughout every lesson and into the pastoral and co-curricular activit￿ we offer. Voung people leave Claremont Fan Court School as ¢onfKlent. contributin8 and caring members of the global community. They cherish the values that equip them to make a positive tontribution and be a force for good in the world. The school explains the mission. vision and ethos using the following calls to action.. Be conffdent in character. Our exceptional programme of values-led education develops young people who are both inwardly and outwardly confident. They bring inquiring minds and a Sense of joy to their learning. Be limitless in potentlal- We nurtl1￿ individuals so that they feel loved and inspired to embrace every opp)rtunity, achieving more than they think is possible. We cherish individuals and their unfolding purpose and potential. Be strong in underst•ndin8: We prepare our young people to be Moral￿ courageous and a force for good in life beyond school. beine wise and empathetic in their actions, in their community and in wider s(Kiety. Obiettlves The school's strategies and objectives a￿ ￿leWed ￿E￿ladY by the EovernoT5 and the key leadership team to identify and monitor progress. Priority in the use of resources is given to achieving the stated objectives in the school development plans. The school's objective5 including those for acadernic year 2024125 We￿ set as-. l. To develop a one-school pupil journey whereby every individual 5UPPOrts and extends the atmosphere of respect, courtesy, the love of learning and the value of friendship.. 1.1. Ensu￿ that every pupil is supported, Celebrated and confident in being themselves and proud of their differen￿5. 1.2. Enable all pupils to progress to the next stage of their education as individuals who are inspired to embrace every opportunity. unlocking their unfolding purpose and potenti'al. 2. To recruit. retain and develop the highest quality staff: 2.1. Enable all staff to feel nurtured. inspired and cherished. 2.2. Enable all staff to develop according to their experience, skills and expertise. Page 7

IIIE CiAREMONT FAN COURT FOUNfA4noN UMITED IA Company knmited by Guarantee) TRUSTEES, REPORT FOR THE YEAR ENOED 31 AUGUST 2025 3. To develop our historic site supporting a one school pupil ioumey.. 3.1. Enable all areas of the school stte to be fit for purpose via a significantly revised Masterplan, which takes into account the $8nrficantly changed circumstances of the independent 5choo15' sector. 3.2. Work towards net zero. makin8 a positive contribution to the world. 3.3. Develop a digital masterplan that improves workflow for all pupi15 and staff, 5upporhng unfolding purpose and potential in the dTr8ttal space. 4. To ensure the school is financially ptspared for the future= 4.1. Keep puptl numbers Close to the capacity of 1.200 (from Reception to Year 131. 4.2. Develop non-fee revenue 5tream5 that can benefit education at Claremont. 4.3. Create c05ted financial planning models that take into account gbbal ènd market p￿ssures. ACHIEVEMENTS AND PERFORMANCE In response to our objective5, many steps We￿ put into motion, of which the key highlights include.. Ob-ective I: PLt The pre-prep and preparatory schools were united to form the junior school. with Mr Matthew Jelley appointed as head. The focus of this year was on uniting the junior school leadership team, ensuring the same strands of excellence in pastoral care and learning stretch across the years and extending specialist teacher support for many of the subject areas. Junior and senior school leadership was united with whole school deputies for academic and pastoral support established to ensure a consistency of assessment. academic ambition and pastoral support across the school. The internal entrance exam for pupils moving up to the senior school from the junior school was replaced with continuous assessment. The move to a three-year GCSE was launched. combined with an extension in the opportunities to choose the subjects pupils study at GCSE. The student futures hub was launched, with independent careers support available for pupils across all vears. Pastoral support was embedded with a development of the tutor charter for all senior school pupils, an extension of sixth form tutor provision and the appointment of a non-teacher within the sixth form team to provide additional support for the wellbeing of our pupils. Ob'ective 2: Sta A defined contribulion pension Scheme was introduced for teachers looking for more flexibility with their pension arrangements. The school continued to roll out pulse surveys with the plan to make greater use of wellbeing subtommittee5 for 202516. Page 8

ThE CLAREMONT FAN COURT FOUN[￿TIoN LIMITED (A Company Lirnited by Gu*anttt) TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Several restructures across the school were implemented to ensure we employ the best team for Claremont and its communsty. Ob ective 3 eratK)ns . A ￿vIsion to the masterplan was developed by the KLT that prioritised four kev phases for the School including the enlargement and improvement of sixth form. dining and creative spaces within the Joyce Grenfell Centre. This revision will be further developed in 2025126. to take account of strategy work being undertaken to position the school for the future in a dramatically changing business environment. The sixth form centre wa5 extended by almost 50% over the summer break. Stage one of the theatre enhancement was completed. The Great room was refurbished with plasterwork repaired and chairs replaced. Refurbishment of ihe Chadotte classroom was completed with donor-funded treatment to the tapestries. Ob-ective 4 Financial and other matters The financial outlook of the school has been regularly and carefully monitored following the introduction of VAT on independent school fees from January 2025, the loss of business rates relief and an increase in employerfs national insurance contributions from Aprrl 202S. Governors took the conscious decision to reduce the impact of VAT on parents from 20% to 13%. thereby reducing the surplus generated. The ISI inspection visit resulted in the sch¢)ol recei¥ing permi55ion from the DfE to grow to 1300 pupils.. however our aim is to remain broadly at the current size. with full capacity from Reception to Year 13 being 12(X) pupils. Recruitment was successful at all ages. despite the impact of VAT and a challenging economic outlook. The admi55sons and marketing departments were united to ensure we can support families interested in the school to the very best standard. During the year the Charity provided education as follows: Average pupil numbers 2024125 794 2023124 779 Senior school nK)rsch(x)I 392 381 Total. 1,160, Public exam perfomiance Page 9

THE CLAREMO1￿ FAN COURT FOUNIX4TION UMITED IA Company Limited by Guarantsèl TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The upper sixth cohort celebrated the school's best ever A-level results. with 97% gaining entry to their preferred university courses with 50% of entries being graded A" or A and a further 83% of entries beinggraded A., A or 8. Additionally, two student5 embarked on exciting app￿ntIceShiP opportunities, one student achieved a golf Scholarship to Lander University ancl one student achieved their offer to read Natural Sciences at Cambridge University. In GCSE exams, the school had the best top-grade performance ever with 57% of entries graded 7, 8 or 9. These gains can be attributed to an individual. bespoke target-setting approach, careful coa¢hing from tutors and subjert teachers. combined with focused study initiatives and revision support. A Level %A' %A*. 2025 17% 83% 97% 2024 13% 43% 83% 96% 2023 12% 42% 77% 94% 2022• 62% 85% 2021" 86% 97% 2020. 16% 52% 95% 2019 12% 35% 71% 91% GCSE %&9$ %7.95 X 6-9s 5-95 % 4-95 2025 Is% 35% 57% 82% 95% 2024 13% 32% 54% 78% 93% 2023 12% 31% 56% 83% 95% 2022" 16% 83% 2021. 11% 31% 2020" 15% 37% 86% 97%. 2019 25% 88% "Shoded rows sh04vocodemicyeor5 during thepondemic whenformolpublicexominotions were concelled or grode t7words were odjustedby Ofquol os o result of the Covidpondemic. Page 10

THE CLAREm0P￿ FAN COURT FOUNDATK)N UMITED (A Company Lwnittd by Guaranteel TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Senior sfh¢)ol The new academic year commenced with the senior school's annual prizegiving celebration of pupils. academic achievements and their exceptional contributions to school life during the prior year. The keynote speaker, Claremont alumna Christin3 Dixon, a prominent environmental campaigner. delivered an inspiring address to students. their families, governors and staff. The Joyce Grenfell academic enrichment programme IJGPI continued to provide pupils with excellent opportunities to engage with leading experts across numerous disciplines including lectures from Government chemist Dr Julian Braybrook, Professor John Mullan on 19th Century literature, Helen Pankhurst CBE, Professor James Smith on the Chernobyl nuclear accident and photojournalist Rick Findler. The 'in-house' Aspire lunchtime talks included ancient piracy from the Head of Latin and Classics and a timely presentation on wildfires from the Head of Geographv. The three-year GCSE model was successfully introduced in direct response to pupil-voice feedback. which highlighted a desire for more time and space to engage with their chosen subjec15 at a greater depth. At the start of the academic year. the senior school's exctting lunchtime co-curricular fair launched the full range of club5 and sports practices available to pupil showcasing everything from astronomy, calligraphy and songwriting to the medical and Model United Nations societies. ensuring there was something to spark the enthusiasm of every pupil. The senior school's enrichment programme provided a wide range of extracurricular opportunities. including challenging Bronze, Silver, and Gold Duke of Edinburgh's Award expeditions across the UK. Pupi15 also participated in a variety of cultural and academic day trips including theatre trips to watch A Streetcar Nomed Desire and Stn7nger Things. sketching at Kew Gardens. a Classics visit to the Roman Baths in Bath. geography fieldwork at the Olympic Park in Stratford and a design technology visit to the BMW MINI factory. Pupils had the option to join oversea5 trip5 Outside term time including skiing in Austria. a language immersion program in Valencia. a lacrosse tour to Florida and a football tour to Barcelona. In the creative arts. a particular highlight of the year was the musical production of Chorlie ond the Chocol(Jte Foctory. The show was a significani production with a large cast of pupils in Years 7-10, the school orchestra providing musical accompaniment, and a pupil-led team managing all sound. lighting. and backstage aspects. Similarly, ¢ornedi¢ talent was on display in the sixth form pantomime. which wa5 performed for both junior school children and a parental audience. proving to be a valuable team-building exercise. Further showcasing pupils, dramatic abilities. members of the Year 9 drama club participated in a highly imaginative performance of Twelfth Night at the Shakespeare Schools Festival. The 5chool'5 annual Remembrance and Christmas services gave platforms for singers and musicians to showtase their 8bilitie5 through both ensemble and individual musical performances. Senior School pupi15 competed in numerous external.a¢ademic competitions and festivals including the Cambridge Schools Classies competition. with a creative retelling of the mythologv at the heart of Ovid's poem Metamorphoses. Internal house cornpetitions were hotly contested a5 well with an incredible variety of initiatives from a Lego building contest, che5S competitions. to a very lively house singing contest. Page 11

THE CLAREMONT FAP4 COURT FOUNDATION UMITED IA Comp•Ny Limited by Guarnnteel TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 In 5POrt, Claremont enjoyed great progress with pupils achieving excellent results across multiple disciplines. Lacrosse teams demonstrated an outstanding performance at national level. with all age groups finishing in the top 16 at the national championships. This was complemented by the senior netball tearn being finali5t5 in the Sisters in Sport Plote competition played at Loughborou8h University. Claremonys rugby 7$ teams competed at a good level during the prestigious Rosslyn Park tournament and the U13 gymnastics team secured second place overall in a national four-piece event. Claremont hosted its first-ever archery competition within the school's grounds and significant milestone was reached with the inaugural end-of-season girls, and boys, football match against Durtottar School, signalling an exciting new development for the school's football players. Junior school The united junior school structure commenced under one head. Matthew Jelley, with pre-nursery to year 2 named Fèn Court and years 3 to 6 named Stable Court. During the year, various structures, including a revised leadership team for junior school. were established to support greater cross- school cohesion and coordination. Junior school leadership engaged with Eath yea￿ expert Katie Paynter who advised and supported plans to develop the IEady Year5 Foundation Stage IEYFSI. and assisted in the recruitment of the newty created post of Head of Earty Years, to start in September 2025. An exciting and expanded junior school curriculum offer ha5 been created, with an emphasis on breadth and greater subject specialist delivery, enhan¢in8 the curricular provision for pupils in EYFS, KSI and KS2. for example in providing discrete and specialist delivery of subjects such as dfama, dance, computsn8, art and desi8n and classics. for academic year 2025-26. We We￿ delighted to receive reaccreditation to the Primary Science Quality Mark (Gilt award) in September 2025. Staff engaged enthusiastically with a serles of training sessions to further develop a junior school Curriculum to create a more cohesive approach to planning and an overt focus on a learning pathway promotr"n8 understanding of self, others and the world around u5, couched withirh a culture of high expectation. Thirteen year 6 pupils received a total of sixteen senior school scholarships. Two pupils were awarded a scholarship for entry into year 3. Stable Court pupils benefited from a redesigning of the approach'to 5pellin8s and homework. Talk for writing and mastery in maths remain foci for Fan Court. The sthool remains committed to the personal growth of its pupils. making the most of the enhanced cohesion across the school. In pupil leadership. senior school students ran clubs each term for younger children, for example a STEM Club for infant children, and serve as wellbeing monitors; vear 6 pupils support playtr'me weekly in Fan Court. Senior pupils have run events for younger pupils, for example year 9 pupils ran a film night for year 3 a5 part of a charity initiative. Pupils. wellbeing is further supported by the comprehensNe coverage of {Emotional Literacy Support Assisiant IELSAI trained staff and innovative approaches to conflict re501ution. for example the'Girls on 8oard' approach. introduced io stsff in June to support and manage female friendships in junior school. Page 12

THE CiAREMONT FAN COURT FOUNDAnON LIMITED (A ConwaThy Lirnited by Guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGusf 2025 Pupils have enjoyed a broad range of eo-curricular opportunitJ"es- year 4 performed the musical Kitty Whittington and year 6, Bugsy Malone. alongside more modest productions for our Fan Court children. A total of 50 Stable Court students from year 3-6 participated in LAMDA examinations. Wlth 42 achieving distinctions Fan Court established a very successful arts week in June, developing a range of activities inspired by CanalettO'S'A Regatta on the Grdnd Canar. Residential trips ran to UK based activity centres for years 4 and 5 and to Normandy for year 6. Year 5 and 6 visited Les Deux Alps for the biennial ski trip. Numeroys day trips complemented this pro8Tamme across all junior school years. Co-curricular clubs a￿ well attended and cover a range of activiti'es. from classroom based, creative, sw)rtin8 and outdoor. The provision of both an inclusive but also aspirdtional sporting programme remains high on the junior 5chool'5 list of prioriti"e5. Children in KSI enjoy the opportunity 10 Cut their competitive teeth in termly team sport5 tournament5 and a full and comprehensive fixture programme across KS2 covers the field sports of football. wgby. cricket, netball, amongst our provision for parb"cipation in individual disciplines such as gymnastics. cross country and athletr"cs. The school hosted the Ull and U13 ISFA girls. football regional ioumament in May. The Ull girls. team enjoyed a SLbccessful season, notably winning the Hall Grove tournament and the Surrey Independent School's football cup. Character education is a key driver for the schoofs activities= assemblies are themed by monthly 'tharacter qualities and the school has worked to promote the virtues of service and supported various charities. PUBLIC BENEFIT The school is committed to giving support to pupils to access the schcKJl irrespective of parental means. Families can apply for a pupil bursary and great care is taken io ensure funds are directed towards those most in need. During the year. the school awarded 29 bursaries which amounted to value of £398.64712023124'. £337.0341. The school also offers fee concessions for academic, music. all-rounder, sport, drama. textile design, art and photography excellen￿ in the form of scholarships. Fundrnising The School has con5iStently demonstrated its commitment to supporting the lotal communitv, particularly through its ongoing involvement with the fiVe'cla￿M0nt I￿, charities= The Grace Dear Trust, Rentstart, Momentum Children's Charity. East Elmbridge Foodbank. and the Shooting Stars Tnjst raising approximately £1.500 through a var*ty of fundraising activities throughout the year. Once again, the school supported the Claremont l(K) charities through fundraising at the Christmas Fair. the Sixth form pantomime producrion and Christmas hampers as well a5 the colour run. ahyays popular amongst puplls. which took place at the end of Gala Day. Other fundrdiSinE highlights include: A number of sixth form pupils participated in a sleepout organised by local charity Rentstart raising over £2,000 for homele5S Wlthin the community- Inspired by this. Year 11 citizenship pupi15 held their own sleepout in the grounds of Claremont as part of their GCSE curriculum. Alongside this they held a raffle raising in total over £3.1￿• for Rentstart. Year 9 pupils devised their own fundvaising initiatives as part of the First Give project Selecting Stripy Stork. Rainbow Trust. Grace Dear Trust and the Fircroft Trust. They raised £1.396 through various activities and sales held during lunch and break times. Christmas jumper day supported Save the Children charity raising £870. Page 13

THE CiAREMONT FAN COURT FOUNDATION LIMITEO IA Company Limited by Guaian¢eel TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Fundraising for the Royal British legion cotncided with Remembrance Day raising over £61KI. In October 2024 on World Mental Health Oay, pupils raised over £350 by participating in Hello Yellow Day. wearing something yellow to raise funds for the charity Young Minds Members of the LG8TQ+ alliance fundraised for Mermaids during Pride month. Junior school pupils contributed to the harvest collection in aid of East Elmbridge Food Bank an(J (Jonated approximatety 150 Christmas shoe boxes forthe Samaritan's Purse Operation Christmas Child. Year 6 who planned and executed a summer chartty fair. in aid of the charity Honeypot. providing rest-bite b￿ak$ fof young carers, raising approximately £2.IXQ. Fan Court raised over £4.1Kil through o charity walkathon and collections after the arts week exhibttion. Volunteering Members of staff act as governors or committee member5 for other schook5 or organi5ation5 a5 follows.. Matthew Jelley- Ibstock Place School Cathy Marijnen-The Vale Primary School (member of School Standard5 Board) Joseph Mastrocola- lovela￿ Prirnary School Igo¥ernorl Jason Stanley- Prep Schools Trust Igovemorl Our lower sixth students volunteer for an organisation of their choice for at least two hours a week, as part of their DOE award. These pupils have contributed whole-heartedly to local schools, youth clubs and charities. and over 60 organisations have benefitted frorn their time and energv. Cofflmunily partnership The school continued its membership of the School Partnerships Alliance, an organisation dedicated to researching. enabling and promoting meaningful partnerships between schools across the state and independent sectors. Durin8 the 2024125 year, partnerships and events have included= Between 9PIOO volunteers from the entire school cornmunity took part in the Second Big Feed joining forces with Thomas Franks. the schools catering company, to help cook, safely package food for around 6,c￿ meals for distribution within the local community. Two year group5 from Cranmere Primary school enjoyed a visit to the school to watch the sixth form pantomime in December 2024, with transportation provided by Claremont minibuses. The school has loaned minibuses to St Peter's West Mo￿$ev youth club to enable them to take children to summer camp. Page 14

THE CLAREMONT FAN COURT Fou14￿TIO￿l UMITEO (A Con¥>aThy Limited by G￿raThle1 TRUSTEES, REPORT FOR THE YEAR ENOEO 31 AUGUST 2025 Heritage open day The annual Heritage Open Day on Saturday 7 September 2024 saw the Claremonr mansion and grounds opened from 11.30am until 4.[￿1pM to members of the public. Guided tours with our resident historian were fulty booked and attendees enjoyed hearing the history of Claremont as they moved from room to room. The Mans￿)￿ was also free to explore with self-guided tOLtrs and ref￿shments available. This annual event is enjoyed greatly by visfrtors giving the opportunity to visit the Claremont ManS￿D and grounds and See the history of Claremont. Fundraisin8 ti¥ities and other incomegenefation The Annual Giving Fund continued to receive donations during the year from those with an existing connection with the School. Notab￿. the Heritage Fund received a generous pledge towards the restOTatr"on of one of the historic mansbon classrooms. Charlotte's Room, allowing ihis important project to be completed. FUTURE PLANS Teaching and learning The school is continuing to deliver on its vision as an all-through co-educational school where there is cogency and consistency in the how we deliver our curriculums to ensure the pupil journey remains excitin& progressive ènd nurturing. We continue to ensure that curriculums are diverse and that we are able to build bespoke pathways for individual pupils that allow them to enjoy their studies and reach their full potential. This includes embedding the three- year GCSE and the introdu¢tion of the Higher Project Qualification. The school, while not aggressively selectr¥e. delivers competitive and comparatNe outcomes and is targetin8 top IOJ in league tables and in excess of 85% of A level grades at A. to B and 60% at 9 to 7 at GCSE whilst prioritising value-added over pure grades. Claremont believes in recruiting and retaining talented and motivated colleagues and enabling excellent pro8ress in their career5. We will achieve this through excellence in recruitment and professional development. effective use of reviews and targeted training of our staff. backed up by greater aspiration to see our staff progress both here and in the sector. Development of school facilities The school notes that in it$ 2023124 Trustees, Report it Stated that it had appointed a consultant to help develop a new site development plan. In view of the irnpact of. inter alia. the imposition of VAT on independent school fees. the school is revisiting the ambition of this plan and tailoring it run alongside the current challenging economic environment. At the heart of ihis will be an exatling purposing or upgrading of exiskn"n8 facilifies Whe￿ feasible. delivering relative￿ Iow-c05t, high impact projects that will make a real difference to all member5 of the school Community. Page 15

ThE CiAREMONT FAN COUIIT FOUNDAnoN iIMITEO (A Cornpany Lirnited by Guarnnteel TRUSTEES. REPORT FOR THE YEAR ENDEO 31 AUGUST 2025 As a demonstration of this recalibrated approach, summer 2025 saw the delivery of a c05t-effective but extremely impactful extension to the 6 Form Centre and a repurposing of 2 of our tennis courts into a multi-surface area compatible as a poor weather playground but with markings for tennis, netball and football. to provide additional prartical space tor children across the school. The medium-terrn estate plan will incorporate significant enhancements to existing facilities as well as some e￿enSionS to current spaces and the development of some new spaces, leveraging areas of the school site which will be easier to develop k)ng-temi. As part of the development plan. the school will endeavour to work with lool authorities to enhance the ability for pupils to aC￿S the school safely by using public trdnsport. cycling or walking to get to school. As noted last year, the development plans also focus on delNering strong site security. A core piece of the security plan is the use of CCTV to this end, the school has completely revarnped its CCTV platform and rolled out additional cameras across the srte to ensure we cover areas of highest risk and to support the school's behavioural policy. This helps us balance our aim to keep the school's wonderful site as open as possible for all our users as well as ensuring we are compliant with all our safeguarding and other legal obli8aiion5 towards all user5 of the school site. The Surrey County Council School Organisation Plan 2020-2030 ￿cOgniSeS a statutory duty to provide parents with choice in the education of their children. Claremont Fan Court School is proud of its unique contribution to the local educatr.onal provision. and future development plans aim to reflect the school's disrinrt chararter whilst ￿tainIng keen focus on presetving our special heritage buildings and landscape. The school values high￿ its role in the local community, and development will be sen5ikn.ve to our neighbours and other members of the local community. as well as being guided by other stringent ￿annIng and heritage requirements. Financial plans The school is focussed on navigating the current financial and political challenges, including those presented by continuing inflation and the introdurtion of VAT in January 2025, the increase in employers, Nl contributions and the removal of business rates. relief. whilst delwering on the school's plan. It will achieve this through continual careful financial planning and modellin& monitored closely by the Finance and General Purp)ses Committee of the Board of Governors a5 well as the full board itself. Page 16

THE cLAREM0P￿ FAP4 COURT FOUNCIITION UMITED IA Company Um•ted by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 202S STrEAMLINED ENERGY AND CARBON REPORTING Energy consumptl Streamline Energy and Carbon Reporting ISECRI s a legislative ￿porting requirement for ￿rge companies. It mandates that all large companies must report on their operational energy consumption and associated emissions. A high-level b￿akdowfi of enew used and emissions generated is included in the table below. Associated greenhouse gas emissions have been calculated using the 202S UK Government 8reenhouse gas conversion factors for company reporting. Gas 2024/25 2023/24 1,969.123 1.995.404 360.271 364.959 360 365 Electricity 2024125 2023124 664.803 736.935 116,267 150.512 116 151 Transport 2024125 2023124 94.545 103.578 21.473 23.426 21 23 Total 2024125 2023124 2.728.470 2.835,917 498.011 538.897 498 539 Intenslty metric An intensity metric gives an indicator of carbon performance calculated per unit of an operaiional driver of the school's activities. It is considered that the werage number of pupils overthe year is the relevant operational drNer. For academic year 2024125. 1.186 pupils accounted for average emissions of 420kgCo2e per pupil 12023124, 1,162 pupi15 accounted for average emi55ions of 463kgCo2e per pupill. Energy efficiency The school site, by virtue of the age of much of it, is inherently inefficient from an energv perspective. Considerable work needs to be undertaken around the energy efficlency of its inlra5tructure. bearing in mind government-mandated Net Zero targets. This is to be undertaken within a context of listed building and heritage constraints and affordability. The school has continued to develop its long-temi sustainability plans focusing on the ulhmate replacement of its gas-fired heating infrastructure. improvement of the thermal efficiency of its buildings and the use. where possible. of climate-friendly power generation. The review, to be undertaken early in the 2025126 school year will include a survey of the school's current state. where immediate and longer-term efficiency gains can be made and consideration built into annual maintenance and capital expenditUTe budgets. The school will condurt an audit of its energy Supplie￿ wilh a view to reviewing the generation sources of their supply to the school. At this pjint. this largefy relates to its electricity consumption, Page 17

ThE CLAREMONT FAN COURT FOUNts4TION UMtTED IA Company Umitrd by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENOEO 31 AUGUST 2025 with a focus internally on usage. The school's boilers. and therefore heating. are 8as-pwe￿d. which leads to an internal focus on managing consumptr"on. gNen. as seen in the above C02 producDon table, 72% of the school s directly generated emiss*)ns come from tts usage of ga5. The school already has converted the vast majority of lighting acT05s its site to LED fitb"ngs. Caretakers cleaning staff ensu￿ all lights are switched off at the end of a working day and energy consuming devices, such as dgital teaching boards. are also powered down when not in use. Conscious of the potential carbon footprint of a puprl body of nearly 1,200 and staff in excess of 3CQ, the school is seeking to reduce where possible emissions from journeys to school and back home. Over 40% of the pupil body uses the school's home to School bus service, which is generally larger vehicles, reducing traffic volumes on the roads. Addttionalty, the School encourages ride-5haring. where possible to maximise the utilisation of individual cats, and the use of public transport where possible. The school has commenced the upglade of its minibus fleet to newer vehicles over the sumrner break in 2025, not only io ￿duce carbon emissions but also shift to contratt hire them, ensuring a continual renewal of ihe fleet and moves to newer. climate-friendly technology. as it develops. The 80al is within 2 years to ensu￿ all of the school's minibus fleet is at least Euro Cai 6 compliant and to change up the fleet further to electric or other sustarnably powered transmission a5 the technology also becomes more affordable. The school will further develop plans to encourage more pupils to use Publ￿ transport to get to school. wrih a goal potentially of providin8 shuttle 5ervice5 to the school from transport hubs. such as local rail stations. which C￿r￿ntI¥ serve5 Claygate and SLJrbiton in the evenings. This will have the further impact of reducing the number of cats coming onto the site on a daily basis. The School is also working with its residential neighbours to make access to the site more accessible on foot. This focuses on tryin8 to achieve a speed reduction on the Portsmouth Road. adjacent to the school's entrance there, and including safe crossing of the road from west to east and vice-versa, as well as improve the footpath from E5her and onto the school path. The school already offers a cycle to work scheme to its employees and work is ongoing to encourage where possible stronger uptske of the offering. The school has Int￿O$e￿ the depbyment of bike racks acr05S the site to encourage this. It does not yet offer a salary sacrifi.ce scheme for Ev's for slaff but will evaluate this lon8er term and consider the potentr.al of installing an electric charging infrastructure in the school. pu￿1$ are made aware of the dimate crisis as part of their generdl educarion and the School run5 an Eco Club, allowing pupils to discuss. debate and submit ideas on the school'5 energy efficiency and how it can improve. The aim is Very much to make pupi15 not only aware of the importance of this area but also to have a stake in how the sthool manages it long term. Nature at Claremont An embedded part of education at Claremont is making everyone * the school awa￿ of the natural beauty of our surroundings and the huge￿ valuable connection. not ￿85t from a wellbeing perspective. to the environment. The school was pleased to announce the introductiort of bee-hives at the School. with the goal over time of growing our community of bees. producing Claremont honey and utilising fully the educatr.onal value of hives. Page 18

THE CIAREMONT FAN COURT FOUN(V4TION LIMITED IA CornwThy Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 FINANCIAL REVIEW The Trustees are pleased to report that the sch¢)ol's operations produced a total surplus of £2,719k 12024.. £2,888kl. The overall income of £26.717k during the year ended 31 August 2025 was £1.945k 17.9%) higher than the previous year12024-. £24.772kl due to the combined effect of 5rnaller items notably higher net fee income line￿4$e of £1,4LX)kl, increased fees for extras includin8 trips1£294kl. the pre-registration VAT ￿claImI£ll4kj and increased bank interest received on treasury deposits and the investments (in¢￿aSt of £148kl. Total expenditure was £24.082k12024.' £22.1))4kl. The rise was predominantly due to increases in staff costs l+É1.642kl and depreciation1+£243kl. The political and economic backdrop remains thallen8ing with VAT on school fees being implemented from January 2025. Despite this. demand for places and forecast pupil numbers remain Strong. The Trustees have considered the impact of this on the schoofs financial posirion. This is discussed further under Risk Management below. Main source of fi•ndin8 The main source of funding is school fees. The onty endowment held by the Company is restricted funds for prizes, non-trading activities. bursar*s and to support the futu￿ development of the school. Reserves policy The aim of the reserve5 FKJIicy 15 to generate funds that can be reinvested into the charity's objects and future plans whilst maintaining sufficient cash reserves for emergenry purposes. The financial statement Shows the assets and liabilities attributable to the varlous funds by type and 5ummarise the year's movement on each fund. At the balance sheet date, total Un￿strIcte¢l funds in year endin8 31 August 2025 were £45,205k12024= £42,583kl, of which £6C(Ik were designated funds. principally represented by fixed assets. Total Te5tricted and endowed reserves were £1,370k12024= £1,273kl. The balance of cash at bank and in hand at 31 August 2025 was £12.492k12023'. £13,475kl. F￿e reserves at 31 August 202S were £1.388k12024: £2,116k deficit). Investment ￿lIc¥ and pèrforniance The schoofs memorandum of association permits the investment of monies without ￿StriCt10n. The school airns to invest only in the securities of companies whose business or activitywould not conflict with the aims of the foundation. While ￿COgnis1ng that income is an imporrant factor. investment emphasis is geared towards long terni capital 8rtywth- The fund holds a combination of fixed interest investments. shares in leading companies and/or colleth.ves (unit trusts/inve5tment trustsl. At 31 August 2025 the market value of the investment fund was £1.245.70812024.. £1,149.5881 producing an annual income of £22.354 12024.. £22.4931. a yield of 1.79%12024'. 1.96%). All incorne generated has been ￿-invested in the portfolio durin8 the year. Page 19

ThE CLAREMONT FAN COURT FOUNLK4TION UMITED IA Comp•Yrf Limitsd by Guarante) TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Goin8 concern The board of governors has a reasonable expedation that the charity has adequate resource5 to continue in operational existence for the foreseeable future. RISX MANAGEMENT The governor5, a5 trustees. are responsible for overseeing th* the rt5ks the school faces are attively managed and mitr"8ated wherever possible. The key to ensuring this is a strong risk management frarnework. The school's primary duty is to ensure the care and wellbeing of bts pupils and staff and informs its systematic approach to risk poliry management. The fi'nance and general purwses committee reviews the school's intemal and external risk environment in detail and reports termty to all governors. Risk assessments and considerations also inform other committees. particularly. for example. the education cornmrttee in ￿SpeCt of safeguarding and health and safety committee la school-led committee wbth a governor permanently in attendancel in respect of the safety and accessibility of the school 51te for all it5 users. Reports Irom the School to 8overnoTS contain an assessment of risk, evaluatr.ons of any chanEes to risk profile. the recording of emerging risks and ￿cOMmendatiOnS for action where necessary. A Inon-exhaustivel summary of ihe key risks that the school has identified. reviews and seeks to address is given below. A brief description of the ways in which it does this also follows= Qualily of governance and oversight. Mitigated by ensuring frequent review5, ensuring 80vemors have complementary experien￿ and skill sets and ensurinB Irdnsparency and accountability across the school. Ensuring re8ulatory and other compliance. This includes meeting successfulty any ISI or other regulatory inspection. This was succesrfully achieved at ISI'S visit to the School in December 2024. Ongoing review by governors through committees and delegated action5. Review5. for example. of H&S compliance monitoring and the Single Central Register. Education quality and safeguarding. ThrouBh contr.nual review of our teaching and leamin8 processes and outcomes, coupled with strong prO￿sseS for ensuring the safety of all children. These a￿ supported by strong monitoring and ￿porting frameworks. IT and physical site security- Contr"nual upgrading of the school's IT estate, not onty to deliver better teaching and learning outcomes for pupils as well as ensuring the surrounding technital environment is robustly protected to sector-leading standards. Recent cyber attacks on high-profile corporates a5 well as in the educab.on sector have highlighted the risks we seek to mitigate and protect against. There is ongoing education of all usets of technologv across the school site. The school has upgraded its site security plan, enhancin8 it5 CC coverage across the site and reviewing plans for improving its physical boundary security where this is both practical and appropriate. As a relatively open Site. Cm plays a key part in the schoofs security plan, enabling the school to balance its desire to keep the srte as open as possible for all its users whi15t at the same time ensuring adequate protection for all within it. A key further element of risk mitigation is through the site-wide ability to lockdown all building5. The site. The school recognises how fortunate it 15 to have this site but also the burdens and restrictions tt places on the school's ability to develop it to meet its needs as an expanding school. The overall economic and political environments. The economic and political emiironments remain challen8in8 to na¥￿ate. with the affordability ot an independent ￿h0o1 education Page 20

ThE CLAREMONT FAN CIXIRT FOUNDAnON UMITED IA Comparry tirnited by Gu•rnnieel TRUSTEES. REPORT FOR THE YEAR ENDEO 31 AUGUST 2025 becoming ever more challenging. The school aims to mitigate this pressu￿ on its current and prospective parents through robust cost management. competitive pr￿Ing. offering support where it can to Pa￿ntS and continuin8 to provide a h￿h quality, value for money holistic offering for all it5 children. As a broader summary of the school's risk management and control process. where risk is categorised as medium to high. governors will assess and evaluate the impact and agree actions to mitigate and monitor. Measures in place include= Formal agendas and papers for all meetings of trustees. Clear and detailed terms of reference for each committee. xternal auditors, review of controls. policies and management accounting. Forrnal written policies. Established organisational structures and lines of reporting. Trustees with desi8nated responsibility for safeguarding, and health and safety. A strategic plan and an annual budget approved by the board of trustees. Verring procedures as required by law for the protection of the vulnerable. Proper delegation of authority and $eg￿gation of duties. STATEMENT OF TRusfEES' RESPONSIBILtnES The trLrstees are responsible for preparin8 the annual report and the financial statements in attordance wtth applicable law and the United Kingdom's Generalty Accepted Accountin8 Practice. Company law ￿qUireS the trustees io prepare financial statements for each financial year which give true and fair view of the state of affairs of the Group and the Company and of their incoming resources and applicats.on of resources, including their incorne and expenditure for that period In p￿paring these financial statements. trustees are required to.. select suitable accountinB policies and then appty them con515tently: observe the meihods and principles in the Charities SORP IFRS 1021,. make judgements and accountr.ng ests"mates that are reasonable and prudent,. stste whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financlal statements on the going concern basis unless rt is inappropriate to presume that the Group will continue in I￿SineSs. The trustees are responsible for keeping proper accounting records which disch)se with reasonable accuracy at any time the linancial position of the Group and the Company and enable them to ensure that the financial ststements comply Wbth the Companies Act 2(X)6. They are also responsible for 5afe8uarding the assets of the Group and hence fortakTrng reasonable steps for the prevention and detection of fraud and other irregularits"es. Provision of infomHtion to auditors So far as each of the trustees is awa￿ at the time the report is approved the￿ is no relevant audit information of which the Company's audr(ors are unaware. and the Trustees have taken all steps that Page 21

THE CLAREM¢YIT FA14 CIXJRT FOUNIX4TION UMITED (A Company l￿￿•ted by Gu¥antee} TRUSTEES. REPORT FOR THE YEAR ENDED 31AUGUST 2025 they ought to have taken to make themselves aware of any relevant audit infomiation and to establish that the avditows are aware of that inforrnation. AUOffORS Haysmac LLP ￿rna1ned as auditors during the year. They will be proposed for reappointment in accordance with section 485 of the Companies Art 21XI& The Trustees, Report. incorporarin8 a Strategic Report, was approved by the Board of Trustees. as the company dirertors. on 2110412026 and signed on the Board's behalf by.. ktrg6Y 4 r MA¥frc Ro8er Martin Chair of Trustees Page 22

THE CLAREMONT FAN COURT FOUNDATIOhl LIMITED {A Company Lirnited by Gu•ranttel REFERENCE ANO ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGusf 2025 GOVERNORS AND CHARITV TRiISTEES The Trustee5 in offKe during the year or since the year end are set out below. Trustees served throughout the year. except where indicated. Roger Martin BA IHonsl, Grad Dipl - Chair of Governov5 and Governor with special responsibility for Health & Safety Julian Braybrook 8Sc (Honsl. PhD. DSC (Hon). CChemFRS (appointed I September 20241 Moorad Choudhry BA (Honsl. MA. M8A, PhD, FCSI, FloD- Chair of People, Culture and Governante Committee Iresigned 4 D￿ember 20251 Andrew Halls OBE, MA Icantabl Deputy Chair of Governors Gabrielle Heyns LLM, LLB IHonsl lappointed 26 February 20261 Ceri Jones MA (Cantabl, MEd- Chair of Education Committee Angela Kelly BA {Honsl. Post Grad Dipl CIPD. FCIPD - Chair of People. Culture and Goveman Committee (appointed 4 December 20251 Sharon Maher BA (Honsl, GTP IQTSI, MBA lappointed 7 October 2024. resigned 25 March 20251 Pamela Mclntyre 8Ac¢, ICAS- Chair of Finance and General Purposes Committee Chris Paget BSC IHons1- Chair of Planning and D￿eloPment Commirtee Graham Papenfus B.Com. FIDPE, CFRE Keith PiEgott Helen Rider BA ljoint Honsl Steve Menzies BA Hons. FCMA, CGMA. MCMI lappointed 8 August 20251 Sub-committee membership for year ended 31 August 2025". F￿ance & General Purpose5 Committee Planning & Development Committee People, Culture & Govemante Committee CHAIR: Moorad Choudhry Education Committee CHAIR.. Ceri lones CHAIR.. Pamela Mclnty CHAIR: Chris Paget julian Brnybrook Moorad Choudhry Graham Papenfus Angela Kel Angela Kelly Graham Papenfus Keith P￿Ott Roger Martin Sharon Maher Keith Piggott Roger Martin Helen Ri(Jer The governors of the Claremont Fan Court Foundarion a￿ the Charitys tmstees under charity law and the director5 of the charitable company. Page 23

THE CLAREMONT FAN COURT FOUNDATION UMITED IACompany Lunited by Guarnnteel REFERENCE AND ADM1141STRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES ANO ADVISERS FOR THE YEAR ENDEO 31 AUGUST 2025 KEY MANAGEMENT PERSONNEL Key Leadership Team Head Head of Junior School Clerk to the Governors and Company Secretary Bursar Director of Finan Director of Operations Deputy Head Acadernic Deputy Head Pastoral Oeputy Head Staff Willtam 8rierly Bsc (Hortsl, PGCE Matthew Jelley BA (Honsl, MA Ed, PGCE Joanna Ogden Bsc IHons1. PGDip Level 7, MA, MA (resigned 13 August 20251 James Vincent LL8 (Honsl lappointed 14 August 20251 Joanna Ogden Bsc IHon51, PGDip Level 7, MA, MA Iresigned 13 August 20251 Rebecca Finnamore. BSC (Honsl. MSC. FCA James Vincent LLB IHonsl Huw Jones, 8A IHonsl. Mst jason Stanley Bsc (Honsl. PGCE. FRGS Lucy Smith, BA (Honsl, PGCE Other members of the Iley management petsonnel HeadofHR Head of IT Strategy Head of Estate and Operations Senior Deputy Head Iresigned 31 December 20241 Page 24

THE CLAREMONT FAN COURT FOUNDATION UMITED IA Company Limited by Gualantee) REFERENCE AND ADMINISYRATIVE DEfAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025 PROFESSIONAL ADVISERS TO THÉ SCHOOL Bankers National Westminster Bank PIC 73 High st￿et Walton on Thames KT12 IDW Auditors Haysmac LLP 10 Queen Street Place London EC4R IAG Principal Solicitovs Veale Wasbrough Viiards LLP Nafrow Quay House Narrow Quay Bristol 8SI 4QA In¥estment advisers Rathbones Investment Management 30 Gresham Street London EC2V 7QN Registered olfice aaremont Fan Court SchLTh)I aaremont Drive Esher Krio 9LY Website vTh4w.claremont.net Page 25

THE CiAREMONT FAN C(XI(tT FoUN￿4TH)N LIMITED IA Company Limited by Guarantee) INDEPENDENT AUDITOKS REPORT TO THE MEMBERS OF THE CLAREMONT FAN COURT FOUNDATION UMITED OPINION We have audited the consolidated financial staiements of Claremont Fan Court Foundation Limited for the year ended 31 August 2025 which comprise the Con501idated Statement of Financial Activities, the Consoli(lated and Cornpany balance sheets. the Consolidated Statement of Cash Flows and notes to the financial 5tatement5, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation 15 applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generalty Accepted Accounting Practice). In our opinion the financial statements: give a true and fairview of the state of the group's and of the parent charitable company's affairs as at 31 Au8LlSt 2025 and of the group's and parent charrf(able companrfs net rnovement in funds, including rts income and expenditure for the year then ended,. have been propedy pre￿red in accordance with United Kingdom General￿ Accepted Accounting Practice- and have been prepared in accordance with the requirements of the Companies Act 2CQ6. Basis for opinion We conducted our aLbdit in accordan￿ with Intemational Standards on Auditing IUKI IISAS IUKII and applicable law. Our ￿sponSibl11t1es under those standard5 are further described in the ALtditors' responsibilities for the audit of the financial statements seCt￿n of our report. We are independent of the group in accordance with the ethical requirements that are relevant to 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 apPrOpr￿te to provide a basis for our opinion. Condusions relating to going conwn In auditing the financial statements, we have concluded that the tfU5tees' 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 collertively. may cast $18ntfKant doubt on the group's ability to continue a5 a going concern for a period of at least ￿e1Ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of thetrustees with respect to going concern are described in the relevant sections of this report. Page 26

THE CLAREMONT FAN COURT FOUNDATION IIMITEO (A Comyny ilmited by Guar•nteel INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE CLAREMONT FAN COURT FOUNDATION UMITED Other Informa￿on The trustees are ￿sponSible for the other inforniation. The other inf0mlat￿n cornprises the information included in the Trustees, Report. Our opinion on the financial Statements doe5 not cover the other information and, except to the extent other4¥ise explicitly stated in our report. we do not express any fomi of assurance contlusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and. in doing y), consider whether the other information is materialty inconsistent with the financial statements, or our knowledge obtained in the audit. or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we are reqUI￿d to determine whetherthere Is a rnaterial misstatement in the financial statements or material misstatement of the other information. If, based on the work we have perfomed, 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 Opinion on other matters prescribed bythe Companies kt 2W6 In our opinion, based on the work undertaken in the course of the audi1= the information given in the Trustees, Report (which includes the Strategic Report and the Directors, Report prepared for the purposes of company lawl for the financial year for which the financial statements are prepared is con515tent with the financial statements- and the Strategic Report and the Obrectors. Report included within the Trustees. Report have been prepared in accordance with applicable legal requirements. Matters on which we are required to report by ex¢eplion In the light of our knowledge and understanding of thegroup and the parentcharitable companyand its environment obtained in the course of the audit. we have not identified material misstatements in the Trustees. Report Iwhich incorporates the Strategic Report and the Directors, Report). We have nothing to report in respect of the followin8 matters in relation to which the Cornpanies Act 2006 requires us to ￿port to you rf. in our Opin￿n= adequate accountin8 records have not been kept by the parent charitable cornpany,. or the parent charitable company financtal statements are not in agreement with the accounting record5 and returns. or certain disclosures of trustees, remuneration specrfied by law are not made; or we have not received all the infomlation and explanations we require for our audit. Responsibblitles of truste￿ for the fin•n¢ial statements As explained more fully in the trustees, responsibilitie5 Statemenl, the trustee5 Iwho are also the directors of the charltable company for the purpose5 of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair vbew, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Page 27

THE CiAREMONT FAN COURT FOUNCX4TION UMITED IA Company Lirnited by Guatsnteel INDEPENDENT AUDITO￿5 REPORT TO THE MEMBERS OF THE CLAREMONT FAN COURT FOUNDATION LIMITED In preparing the financial statement5, the trustees are responsible for assessbng the group's and the parent tharitable company's ability to continue as a going concern, disclosing. as applic8ble, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liq¢Jidate the group of the parent chantable company or to cease operations. or have no realistic alternative but to do so. Auditors, responsibilitie5 for the autht of the fina￿1•1 statements Our objectives are to obtain ￿asonable assurance a￿ut 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 guarantee that an audit conducled in accordance with ISAS (UK) will always detect a material mi5Statement when it exists. m￿statements can arise from fraud or error and are considered material il, individually or in the aggregate, they coul(J reasonabty be expected to influence the economic decisions of users taken on the b8sis of these financial statement5. Irregularities. including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our Tespon5ibilities. outlined above. to detect material misstatements in respect of irre8ularitie5, including fraud. The extent to which our procedures a￿ capable of detecting Ir￿gUlarItieS. including fraud is detailed below= Based on our understanding of the group and the environment in which it operates, we identrfied that the principal risks of non+compliance with laws and regulations related to The Education {Independent School Standards) Regulations 2014, safeguarding regulations. health and safety requirements, GDPR, employment law and thèrity law and we considered the extent to which non- compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a dirert impact on the p￿ParatIOn of the financial statements such as the Charities Art 2011 and Companies Act 2￿6 and consider other fa￿Or$ such a5 payroll tax and VAT. We evaluated management's incentives and opportunitie5 for fraudulent manipulation of the financial statements lincludlng the risk of override of contro151 and determined that the principal risks were related to the improper recognition of revenue and management bias in accotsnting estimates. Audit procedures performed by the engagement team included: ' Inspecting correspondence with regulators and tax authorities: Discussions with management including consideratKJn of known or suspected instances of non- compliance with laws and re8ulation and fraud- Evaluating wnarta8ement's controls designed to prevent and detect irregularities: Identrfyin8 and te5tin8journals- and Challenging assumptions and judgements made by management in their critical accounting estimates. Page 28

THE CLAREMONT FAN COURT FOUNfkiTION UMifED IA Companyilmited by Guarantsel INDEPENDENT AUDITOIVS REPORT TO THE MEMBERS OF THE ClAREMor￿ FAN COURT FOUNDATION UMITED Because of the inherent limitations of an audit. there is a risk that we will not detect all irre8ularities. includin8 those leading to a material misstatement in the financial statements or non-compliance with regulat*)n. This risk increases the more that compliance with a law or regulation is removed from the events and transaction reflected in the financial staternent5, as we will be less likelyto become 8ware of instance5 of non-compliance. The risk is also greater regarding irregularities o¢¢vrring due to fraud rather than error as fraud invO￿e5 intentional concealments, forgery, tollusion. omission or misrepresentation. A further description of our responsibilitie5 for the audit of the financial statements is kKated on the Financial Reporting Councivs website at.. www.frc.org.uvauditorsresponsibilities. Thi5 description fom)s part of Ouf auditorfs report. Use of our report. This report is ma(Je solely to the charttable company's members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 21X)6. Ouraudtt work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors, Report and for no other purpose. To the fullest extent pemiitted by law. we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work. for this report. or for the opinions we have fomled. Tracey Young ISeniorStatutoryAuditorl for and on beha￿of Haysmac LLP, Statutory Audrtor 10 Queen Street Place London EC4R IAG Date: 30 April 2026 Page 29

THE CLAREMONT FAN COURT FOUNtK4TILVI UMITED (A Company Llrnited by Guarantee) CONSOLIDATED STATEMENT OF FINANCIALACTIVITES (INCORPORATING INCOME AND EXPENDITURE ACCOUNn FOR THE YEAR ENDED 31 AUGUST 2025 2025 Totsl 2024 Total Note Endowment Restrirted UDrestrirted funds funds lunds In¢offle and endowments from: Charitable activities Donations and legacies Other trading activitie5 Investments 26.124.688 26.124,688 24.323.259 73.731 102,146 83.675 149.178 149,178 172,892 318.209 340,563 192,673 28.415 17.386 Totsl income and endowments 17,386 33,383 26.665,806 26,716.575 24,772.499 Expenditure on: Raisin8 fund5 Charitable activities 8.750 2,499 123,097 134.346 318.999 23.947,663 23.947,663 21,685.447 Total expenditure 8,750 2,499 24,070,760 24,082,(M)9 22,004,446 Net income before net gains on investments 8,636 30,884 2.595,046 2,634.566 2,768,053 Net 8ainsllTrosses) on investment5 65.332 18.69) 83.992 119,656 Net ifft¢ome 73.968 49y4 2.595.046 2,718.558 2.887.709 Trènsfers between funds 126,8431 26,843 Net movement in funds 73,968 22.701 2,621.889 2,718,558 2,887,709 Reconciliation of funds: Total funds brought forward Net movement in funds 782.821 73, 490.241 22.701 42.583.358 43.856,420 40.968, 711 2,621,889 2.718,$58 2,887, 709 Total luftds carried forwartl 856.789 512.942 45.205.247 46.574.978 43,856,420 The consolidated Statement of Financial Acrivities irbcludes all gains and losses recognised in the year. All activities are continuin8. Comparative figure5 are provided in Note 27. The notes on pages 34 to 54 form part of these financial statements. Page 30

THE CLAREMONT FAN COURT FOUNOATION UMITED {A tornpaffji Lirnited by Guawantee} Company re8iStration number.. 01262373 CON50IIDATED BALANCE SHEET AS AT 31 AUGUST 2025 2025 2024 Fixed asset5 Tangible assets Investments 12 13 43.817.644 1.245,708 45J)63,352 44,699.260 1.149.588 45,848.848 Current a55ets Oebtors Cash at bank and in hand 14 7.679.579 12,492,45S 20.1721134 851,740 13,475,340 14,327,080 Creditors= amounts falling due within one year 15 114.252.159) {8.444,510J Net current assets 5.919.875 5.882.570 Total assets less current liabilities 50.983.227 51.731.418 Debtors.. amounis due after more than one year 14 1.185.234 Creditors.. amounls falling due after more than one year 16 15593.4831 f7.874,998J Total net assets 46.574.978 43,856.420 Charity fvnds Endowment funds Restrithed funds Unrestricted fund5 18 18 18 856,789 512.942 45.205,247 782,821 490.241 42.583.358 Total fund5 46.574.978 43.856.420 The financial statements were approved and authori5ed for issue by the Trustees and Signed on their behalf by.. Rog&r 4 r . Ro8er Martin Chalr ol Trustee5 Dale 2110412026 The notes on pages 34 to 54 form part of these financial statements. Page 31

TME CLAREMONT FAP4 COURT FOUNDATION LIMITEO IA company Limited by Guarantee) Company rw5tration number.. 01262373 COMPANY BALANCE SHEET AS AT 31 AUGUST 2025 2025 2024 Fixed assets Tangible assets Investments 12 13 43A17.644 1.245.710 45ffi3.354 44.699.260 1.149.590 45.848.850 Cufrent assets Debtor5 Cash at bank and in hand 14 7.667.130 12.453.060 20.120.190 1.249,450 13.049.015 14,298,465 Creditors.. amounts falling due within one year 15 114,271.9041 18.423,2291 Net current assets 5W8.286 5,875,236 Total a￿et$ less ¢uNent liabilities 50.911.640 51,724,086 Debtors.. amounts due after more than one year 1.185,234 14 Creditors.. amounts falling due after more than one year 16 15,593,483) 17,874,9981 Totsl net assets 46.503.391 43,849,088 Charity funds Endowment funds Restricted funds Unrestricted funds Total funds 18 18 18 856.789 512.942 45.133.660 46.503.391 782.821 490,241 42,576,026 43.849.088 The Company'5 net movement tn fund5 for the year was £2.654.30312024- É2.887,7091 The financial statements were approved and authorised for issue by the Trustees and signed on their behalf bv.- kns&r 4 r MArft+ Roger Martln Chair ol Trustees Date 2110412026 The notes on pages 34 to 54 fom part of these finantial statements. Page 32

ThE CLAREMONT FAN COURT FOUP4LV4TION iIMITEO IA comparry Lim•ted by G￿rantee} CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 2025 2024 Note Cash flows from operating activities Net cash provided by operating activriies 20 4,296,974 4,466,887 Cash flows from investing artivities Dividends. interests and rents from investments PLtrrchase of tan8ible fixed è5sets 340.563 {2.120.5851 192,673 12,041,528) Net Cash used in investing arti¥iknes (1.780.022) 11,848.8551 Cash flows from financing artivities Fees in advance new contracts Fees in advance amount5 refunded Fees in advance amounts utilised Repayments of borrowing Repayments of finance leases Interest paid 175.911 160.5561 (2.911.977) 1326.169} 180.05Q} 1296.996) 6,368,159 167.5881 1293.1491 172.6451 1334.4631 Net cash lused inl I provlded by financlng •rti¥lli 13.499.8371 5.6Crf),314 Chan8e in cash and ￿5h equ•valents in the year 1982W51 8,218.346 Cash and cash equivalents èi the be8innin8 of the year 13.475.340 5.256,994 Cash and cash equl¥alents at the end of the year 21 12.492.455 13.475.340 The r￿teS on pages 34 to 54 f¢ym part of these financial statements. Paee 33

ThE CiAREMONT FAN COURT FOUNDATION LIMITED IA Company i•m•ted by GuaTrnleel NOTES TO THE RNANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 l. General information The Claremont Fan Court Foundation Limfted is a private company limited by guarantee, incorporated in England. The registered office is Claremont Fan Court School. Claremont Drive. Esher, Surrey, Krio 9LY. The Members of the Company are the Trustees named on page 2. In the event of the Company being wound up, the Irability rn respect of the guarantee is limited to £1 per Member of the Company. 2. A¢¢ounllng policies 2.18asis of p￿Par￿10n of finanaal statemer The financial statements have been prepared in accordance with the Charities SORP IFRS 1021- Accountin8 and Reporhng by Charities- Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I january 20191. the Financial Repo￿"n8 Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Art 2006. The cl3￿MOrtt Fan Court Foundation Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are'Trnitial￿ recognised at historical cost or transaction value unless otheTh4ise stated in the relevant accounting policy. The Consolidated Statement of Financial Acb"vities ISOFAI and Consolidated Balance Sheet consolidate the financial statements of the Company and its subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis. The Company has taken advantage of the exemption allowed under Section 408 of the Companies Art 2(iJ6 and has not presented its own Statement of Financial Acrivitr"e5 In these financial statements. The p￿SentatIOn currency of the Company is GBP. The financial statements are rounded to the nearest £. 2.2 Fund Accounting General funds are urhrestricted funds which are available for use at the discretion of the Trustees In furtherance of the general objectives of the Group and which have not tr*en designated for other purposes. Designated funds comprise unrestricted funds that have been set asbde by the Trustees for particular purposes. The aim and use of each destr8nated fund is set out in the notes to the linancial statements. Resrricted funds are fund5 which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Group for particular purposes. The costs of raising and administering Such funds are charged against the spectfic fund. The aim and use of each restricted fund is set out in the note5 to the linancial statements. Endowment funds are funds which are held as capital. They represent investments. together with the income arising the￿On. Investment income, gains and losses are allocated to the appropriate fund. Page 34

THE CiAREMONT FAN COURT FOUNLWTION LIMITED {Acompany Limited I￿G￿rantee) NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2. A<¢ountin8 policies Icontinuedl 13 Income All income is recognised once the Company has entrtlement to the income, it is probab￿ that the income will be received and the amount of incorne receivable can be measured reliably. Income tax recoverable in relation lo investment income is recognbsed ai the time the investment income is Teceivable. Other income is recognised in the period in which it Is receivable and to the extent th.e goods have been provided or on completion of the servrce. Fees receivable and charges for service5 and use of premises are accounted for in the period in whith the seNice is provided. Fees receivable are stated after deducting allowance5, 5cholar5hips and other remission5 8ranted by the School from its unrestricted funds. but include contributions from restricted funds for scholarships, bursaries and other grants. Interest on funds held on deposit rs included when r￿1Vable and the amount can be measured ￿lIablY by the Group. this is normalty up)n notrfication of the interest paid or payable by the institution with whorn the funds are deposited. 2.5 Expenditure Expenditu￿ is recognised once there is a legal or constructive obligation to transfer economic beneh't to third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliabty. Expenditure is classified by activity. The costs of each activity a made up of the total of ￿1￿ct costs and shared costs, includirbg support CQSts involved in undertaking each activity. Dirett costs attributable to a 5Trngle aciivity are allocated directly to that activity. Expenditure on raisin8 funds includes all expenditure incurred by the Group to raise funds for its charitable purposes and includes costs of all fundraising activities events and non<haritable trading. Expenditu￿ on charitable activitie5 is incurred on dIrett￿ undertakin8 the activities which further the Group's objectives, as well as any a550ciated support costs. All expenditure is inclusive of irrecoverable VAT. 2.6 Goin8 Concern The fi'nancial statements have been p￿pared on a goire con￿rn basis which the Trustees consider to be appropriate based on the following= The Group and Company have net CUr￿nt assets of £5.905.740 and £5.834.150 respectively at 31 August 2025131 August 2024.. £5.882.570 and £5,875.236 respectivetyl,. The Company has generated a surplus forthe year ended 31 August 2025 and continues to forecast surplus; The Company's liquidity POStlion is based on cUr￿nt and projected cash resources. Page 35

ThE CLAREMONT FAN COURT FOUNOATION LIMITED {A conwny Limitrd byGuarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2. Accounting policies Icontinuedl Based on the above assessment of the Group's fo￿ta$ts. Trustees ha¥e concluded that there is no material uncertainty that the Group has adequate ￿SOurceS to continue for the foreseeable future Ifor a period of at least twelve month5 after the date the h'nancial statements are signed). Accordingly the finanaal statements have been prepared on a going concern basis. 2.7 Debtors Trade and other debtors are reco8nised at the Settlement amount after any trade discount offered. Prepayments are valued at the amount prepa￿ net of any trade discounts due. 2.8 Tafft8ible fixed assets and deweciaiion Assets are ¢apitalbsed when a non-replacement item. project or package of improvement is of a value higher than £l.000 and when the benefi.t accnjing from the expenditure will be of a lasting nature. i.e. of more than one year. Tangible fixed a5set$ 4re carried at cost, net of deprecration and any provision for depreciation is not charged. Assets in the course of Construction are included at costs inCUr￿d to date. Dep￿Cla￿On on these assets is not charged until they are brought into use. Depreciation is charged so as to allocate the cost of tangible fixed assets le55 their residual value over their estimated useful lives. as detailed below. Depreciation is provided on the following bases: Freeholdpmperty Listed buildings Non-listed buildings Temporary buildings Major refurbishment Projects landscaping and road works 0.5% per annum on a straight line basis with residual value 50% 2% per annurn on a straight line basis 4% per annum on a straight line basrs lor expected economic life if shorterl 4% per annum on a straight line basi5 lor expected economic life if shorter) 4% per annum on a straght line basi5 Motor vehicles 25% reducing batance Fixtures ondfrttings Plant Equipment Security Fixtures & fittings Computer equipment 20% straight line 20% straight line 20% straight line 20% straight line 2S% straight line In accordance wrth FRS102 the school has elected not to adopt a polrcy of revaluation of tangible assets. The valuation at the point of transition to FRS102 has been adopted as deemed cost and depreciation has been applied from the transition date. Page 36

THE CLAREMOP4T FAN COURT FOVNDATION IIMITEO IA tompany Limrted by Guarantee) , NOTES TO THE FINANCIAL ￿ATEmENTs FOR THE YEAR ENDED 31 AUGUST 2025 Z. Ac¢ouniin8 policie5 Icontinuedl 2.9 Investments Fixed asset investment5 are a form of financial instrument and are inttially recognised at their transaction Cost and subsequentty measured at fair value at the Balance Sheet date, unless the value cannot be meaSu￿d reliably in which case it is measured ai cost le55 impairment. Investrnent gains and losses. whether reali5ed or unrealised, are combined and presented a5'GainsllLossesl on investments, in the Consolidated Statement of Financial Activities. Investments in subsidiarie5 are valued at cost less provision for impaimient. 2.10 Finance leases and hire purchase Assets obtained under hi￿ purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are deP￿CIated over the Shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and ri5k5 of ownership are assumed by the Group. Obligations under such agreements are included in creditor5, net of the finance allocated to future periods. The finance element of the rental payment 15 charged to the Consolidated Statement of Financial Attivrties so as to produce constant periodic rate of charge on the net obl￿allOn outstanding in each period. 2.11 Cash at bank and in hand Cash at bank and in hand includes cash and short-terrn highty liquid investments with a short maturity of three months or less from the date of acquisitK>n or opening of the deposit or similar account. 2.12 Llablli¢les and provisions Liabilities a￿ recognised when there is an obligation al the Balance Sheet dale as è result of a past event, it is probable that a transfer of etonomic benefit will be required in settlement and the amount of the settlement can be esb'mated reliably. Liabilities are recognised at the amount that the Comparby anticipates it will pay to settle the debt or the amount it has received a5 advanced payments for the goods or servKes it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material. the prrNision is based on the present value of those amounts, discounted at the pre-tax discount rnte that refiects the risks specific to the liability. The unwinding of the discount is recognised in the Consolidated Staterr￿nt of Financial ActivTrties as a finance cost. 2.13 Fees in advanco The school has accepted advanced fee lump sum payments in respect of Certain pupi15 and in return has undertaken to discharge a defined amount of the fees chargeable in respect of those pupils. In the event of a pupil's withdrawal from the school before all the agreed amount5 have been credited. the school has agreed to return the relevant unspent poiton of the lump sum without the addition of interest. The associated lTrability has been brought into these accounts as the liability that would arise if all pupils cOVe￿d by such arrangements completed the full tem) of the contract entered into. Page 37

THE CLAREMONT FAN COURT FOUNDAlloN UMITED IA company LIMI￿￿ by Guar•ntÈel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2. Accounting policies (continued) 2.14 Financial instruments The Group only has financial assets and financial liabilities of a kind that qualify as basic fi.nancial instruments. Basic fi'nancial instruments are lnits"al￿ recognised at transaction Value and subsequently rneasured at their settlement value with the exception of bank loans which are subsequentty measured at amortised cost using the effective interest method. Financial assets held at settlement value comprise cash at bank and in hand. together with trade and other debtor5. Financial liabilities held at settlement value comprise all creditors except social security and other taxes and provisions. 2.15 Pensions The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year. The Company operates a defined benefits pension scheme. The Teacher's Pension Scheme. This is a multi- employer scheme where it is not possible, in the normal course of events, to identify on a consistent and reasonable basis, the share of undertyin8 assets and liabilities belon8ing to individual participating employers. Therefore, as required by FRS 102 'post*mployment benefits., the Company accounts for this scheme as if it were a defined contribution scheme. The amount charged to the Statement of Financial Artivitie5 represents contributions payable to the scheme in ￿SpeCt of the accounting period. 3. Crltical accounting estimates and areas of judgment In the application of the accounting polioes, management is required to make judgments. estimates and assumptr.ons about the carryin8 values of assets and liabilities that a￿ not readily apparent from other sources. The estimates and underlying a55umptions are based on historical experience and other factors that a￿ considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Re¥i%ions to accounting estr"mates are recognised in the period in which the estimate is revised rf the revision affects only that period, or in the period of the revision and futu￿ periods rf the revision affects both current and future periods. Critical accounting estimates and assumptions- Useful economic lives of tangible assets Split of land and buildings. Separate values for land and buildings are determined by profeSS￿n41 valuers u5in8 valuation techniques or by management usin8 available information for similar sltes. Page 38

THE CLAREMONT FAN COURT FOUNfy4TION LIMITED IA umnpany LIMI￿ byGuarantse) NOTES TO THE FINANCIAL STATEMEKtS FOR THE YEAR ENDED 31 AUGUST 2025 4. Income from fharitable adivilies 2025 Total 2024 Totol Gross fees Bursafies and allowances 25,131,967 23,644,714 11.357.414) (1.270.438J 23,774,553 22.374.276 Registration fees and fees in lieu of notice Fees for extras 100,617 159,842 1.927.931 115,151 206,436 1,634,238 79,416 75,487 Wrapround care Sundry educational income 26,124,688 24,323,259 5. Income from donations and lega<ies 2025 202S 2025 Endowment Restrirted Unrestricted 2025 Total 2024 Total Donations 28.415 73,731 lQ2,146 83.675 6. Income from other trading artivitie5 2025 Total 2024 Total Income from non charitable trading arti¥ities Rent receivable 149,178 172.892 7. Income from investments 2025 2025 202S Endowmeni Restrirted Unre5trirted 2025 Total 2024 Total Income from listed investments Interest received 17.386 4,968 22,354 22.493 318.209 170,180 340.563 192,673 318,209 318.209 17.386 4.968 Page 39

THE CLAREMONT FAN COURT FOUNDATIOP4 UMITED (Awmpany Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENtS FOR THE YEAR ENDED 31 AUGUST 2025 8. Analysis of total empenditwe 2025 2025 2025 2025 2024 Endowment fte5trirted Unrestrtrted Total Total Costs of raising ful￿5 Printin& postage and stationery Computer costs General fundraising expenses Staff costs Other trading expenses Administration expenses Investment management costs Investment rnanagernent fees 1.910 .187- 731 27,344 1,910 8,187 731 27.344 4.602 7,103 337 123.545 84,925 84,925 172,892 8.750 2.499 11.249 10,520 Total expenditure on ra•sin8 funds 2,499 123.097 134.346 318,999 Charitable activities Education Staff c05t5 Teaching costs Premises costs Other costs Support tosts Staff costs Governance costs Premises costs Other administration costs Depreciation Loan intere51 payable 11,563,989 11.563.989 10.655,485 1.674.376 1,674,376 1,445,233 98.355 98,355 308,876 2.302,183 2.302,183 1,974.254 3,368,930 29.480 1,817.855 1,250.482 1,558,710 283,303 3.368.930 29,480 L817.855 1.250.482 1.558.710 283,303 2.635.875 27.848 2,003,207 985,863 1.315.850 332,956 Total expenditure on chafitable aclivities 23,947.663 23,947,663 21.685.447 Total expenditure 8.750 2.499 24.070.760 24,082.009 22.004.446 Inve5trnent management fees in 2024 related to endowment and restricted funds. Page 40

THE CiAREMONT FAN COURT FOUNCI4TION UMITED (A cornparry iirnited lry Guarantee) NOTE5 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 AUGUST 2025 9. Auditor's remuneration Auditor's remuneration includes.. Audit fee of £29.80012024.' £29.280J Other seN1￿5.. £4.08012024.- £3.6941 io. Staff Costs 202S 2024 2025 2024 Gr¢)up Group Company Company Wages and salaries 11.232.933 10,306,536 11.232,933 10.306.526 Social security costs Pension costs 1,2473SI 1.038.338 1,247,351 1.038.338 2.487.626 14.967.910 2.107,280 13,452,144 2,487.626 14.967.910 2.107.280 13.452.144 The average number of per50n5 employed by the Group and Company during the year was a5 follows.. 2025 2025 20Z5 2024 Full time Part time Total Totol Teaching Non teaching 145 245 221 31 77 61 131 191 322 282 The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,0 was- 2025 Group 2024 Group In the band £60.CKJI - £70.OLM) In the band £70,￿1 - £80.OCI) In the band £80,001- £90,OQJ In the band £90,001- £1(M).¢)Xl In the band £lOO,IXJI - £IIO.C In the band £120,(X)1- £130,IxKI In the band £150,(XJI - £160,OJO In the band £I80.￿l-£I￿,o0O In the band £210.￿11 - £220,(MJO 25 17 Page 41

THE CLAREMONT FAN COIJRT FOUNfx4TION LIMITED IA rompaThy Limitèd by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 10. Staff Costs {continuedl The total rernuneration of the key management personnel in the yearwas £1,211,176 {2024.. £1,133,212). Termination payments totalled £230.87512024: £29.4171. At the year end £13.854 was outstanding. 11. Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefit$12024.. £NILI. During the year ended 31 August 2025. expenses totalling £614 were rermbursed or paid directly to 2 Trustees 12024.. £602 to 6 Trustees) relating to travel, subsistence and training. 12. Ton8ible fixed assets Group and Company Freehold Motor Fixtures and fittings propefty vehides Total Cost or ¥aluation Al I September 2024 Additions Adjustments Disposals At 31 AuEu5t 2025 45,388.841 1,298,429 11.443.491) 278,768 5,633,537 822.156 51.301.146 2.120.585 (1,443,491) 45.243.779 278,768 6.455,693 51,978,240 Depreclation At I September 2024 Charge for the year At 31 August 2025 2.507,545 773,185 3.280.730 251,151 3,843.190 778.621 4.621,811 6.601.886 1.558.710 8,160.596 258,055 Net book value At 31 August 2025 41.%3.049 20.713 1.833082 43￿17,644 At 31 August2024 42,881,296 27.617 1, 790.347 44.699.260 Included in freehold property is freehold land held at a deemed cost of £18,764,83412024.. £18.764,8341. historic cost £2.655,02812024.. £2,655,028) which is not depreciated. Page 42

THE CLAREMONT FAN COURT FOUh1￿Tl0N LIMITED (A company Limoted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 12. Tan8ible Fixed A55ets (continued) The net book value of assets held under finance leases or hire purchase contracts, included in f￿tureS & fittings and computers above. is £65.65712024= £131.3151. The depreciation charge for the year on assets held under finance leases or hire purchase contracts. included in fiXtu￿S & frttin85 and computers above. is £65.65712024.' £65.6571. Borrowing costs of £NIL12024-. £NILI have been capitalised within f￿ehOld pmperty in the year. The cumulative capitalised borrowing cost5 are £292.58112024'. £292,581). This relates to I(￿￿ of the bank loan interest during the construction period. As a result of the change in VAT due on fees the HMRC Capital Goods Scheme is now applicable. VAT reclaims are recognised as a VAT asset and offset against the c05t of fixed assets. VAT is unwound acros5 the 10-year adjustrnent period. with depreciation recalculated on the net carrying amount. 13. Fixed asset investrnents Listed investrnents Group Cost or valuation At I September 2024 Prior year donation invested Investment income reinvested Investrnent mana8ement fees (Decrease) / increase in value of investments At 31 August 2025 1.149.588 1,023 22.354 111.2491 83.992 1,245.708 Company In¥estment in subsidiary Listed investments Total Cost or valuation At I September 2024 Prior year donation invested Investment income reinvested Investment management fees (Decrease) / increase in value of investments At 31 August 2025 1.149.588 1.023 22.354 111.2491 83,992 1,245.708 1.149,590 I,Q23 22.3S4 111.2491 83,992 1.245.710 Page 43

THE CLAREMONf FAf4 COURT FOUNOATION UMifEO (Afompary Lirnited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 13. Fixed asset investments Icontinuedl Investment Risk Management The Cornpany has appointed the services of a professional firm (Rathbonesl to manage irs investment portfolio. Decisions a￿ made in accordance with the Foundarion's investment policy. Though the risk management function is outsourced, the Company has reasonèble controls in place to monitor risk level5. This includes competency of staff, ￿gUlar updates from Investec, and review meetires with the finance and general purposes committee. Main a￿a$ to cover a￿= Maiket fi5k- the effert of interest rates. volatilrty of dividend or interest yields and exchange Tate risk if investments a￿ in fo￿lEn markets. The overall market value gains over the years demonstrate Eood controls are put in place by our investment advisor5 to ensure there is no si8nifi.cant exp05uTe and decisions to sell or purchase are made quickty to mfft8ate market risk exposu￿ where nece55ary. Some risks maybe inherent and can be tolerated. L•quidity risk.. investments may not be convertible back to cash. Lack of dernand for purchasers for the investments or because of terms of redemption. Considered a low risk as the investments are frequent traded on recognised stock exchanges. without significant terms attached. Credit risk: Value of the investments deteriorating through corpordte failures. This is m￿gated by the type of inve5tment5 and policy framework. The involvement of experts ensures proper organisation check5 are made to minimi5e the occurrence. The Company depend5 on expert opinion and intelligence, hence low risk. 14. Debtors 2025 Group 2024 Group 2025 C.751 32,042 539.315 258,257 7,679,S79 58.454 6(Xl,751 32.042 539.315 258.257 7,667,130 851.740 1,249,450 2025 GfOUP 2024 Group 2025 Company 2024 Company Due after rnore than ¢)ne year VAT (Jebtor 1.185.234 1.18S.234 1.185.234 1.185.234 Fee debtors include £6.322k relating to the Autumn term 2025 fees which We￿ billed in July 2025 12024=£nill. Due to the implementation of VAT on school fees a tax point is C￿ated on the issue of fee invoices. These are included gro55 of VAT in tfade debtors. Page 44

THE CLAREMONT FAN COURT FOUNDATION LIMITEO IAtompaThy Limlted trrf Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR TrIE YEAR ENDED 31 AUGUST 2025 14. Debtor5 Icontinuedl The VAT debtor includes £1.443,49112024: £nill in ￿sPeCt of the total amount due back to the School under the Capital Goods Scheme as at 31 August 2025 (see also note 121- 15. Creditovs: Amounts falling due within one year 2025 Group 2024 Group 2025 Company 2024 Compony Bank loans Trade creditors Amounts owed to group undertakings Other taxation and social security Obligations under finance lease and hire purchase contracts Other creditors Accruals Oeferred income (see below) Fees in advance scheme (note 171 Acceptance deposits YS4.638 412,910 316,885 670.013 354,638 410.890 40.164 1.415.942 15,803 316.585 666.442 1.413,049 15.803 247,011 74,809 241,511 74.809 399.404 836.396 7,735.047 1.950.922 1.133.990 14.252.159 278.254 399.404 376,879 827.915 2,583,139 7.722.236 2,827,270 1,950.922 1,070.350 1,133,990 8,444.510 14.271.904 278,254 372,079 2.575,729 2.827.270 1.070.250 8.423.229 2025 Group 2024 Group 2025 Company 2024 Compony Deferred income Balance at beginning of year Fees charged to parents in advance of terni Other income received in advance Amount utilised in year Balance at end of year 2.583.139 2,813,715 2,575,729 2,813,715 7.648.703 2,341,359 7.648,703 2.341.359 83.344 258.571 70,533 251,161 12,580,139} 12.830.506J 12.572.729) (2,830,506J 7,735,047 2.583.139 7.722.236 2,575,729 Other income receNed in advance relates to fte. trip. coach and rental incorne received/charged in advance. Page 45

THE CiAREMONT FAN COURT F(XINfy4TION LIMITED (A tofflpany ￿mIted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 16. Creditors: Amount5 fallin8 due after mtye than one year 2025 Group 2024 2025 2024 Compony Group Company Bank loan5 Fees in advance scheme (note 171 Net obligations urKler finance lease and hire purchase contracts 3,886.864 4.250.786 3,886,864 1.706,619 3,603,170 1.706.619 21.042 4.250,786 3,603,170 21.042 5,593,483 7,874.998 5.593,483 7,874,998 The aggregate arnount of liabilities payable or repayable wholly or in part more than five years after the reporting date i5- 2025 Gioup 2024 Group 2025 Company 2024 Compony Bank loans repayable by instalments 2.238.405 2,739.654 2.238.405 2,739,654 2,238.405 2.739,654 2.238.405 2,739,654 The bank loan is secu￿￿ by way of first legal charge over the freehold property and a fixed and floating charge over all property and undertakings of the Company. The total bank loan balance owed at the year end was £4,241,50212024- £4,567.6711. Interest is charged at 1.95% over ihe base rate. The loan is ￿Pardble in equal instslments from December 2019 to November 2034. At the year end the loan balance in C￿dItorS includes £61,861 of accrued interest 12024: £75,5541. 17. Fee5 in advance scheme Pa￿ntS may enter into a contract to pay the School up to the equNalent of 15 terms tuinon fees in advance. The money may be returned subject to specific condifions on receipt of notice. Assurning pupils remain in the School. fees in advance will be applied as follows= 2025 2024 Within 2 to 5 years Within I to 2 years 682,958 1.023.661 1.706.619 1,950.922 3.657,541 1.626,973 1,976.197 3.603.170 2.827.270 6,430.440 Within l year Pa8e 46

THE CLAItEMONT FAN COURT FOUNC¥47ION LIMITEO IA company Umlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 17. Fees in advance scheme l¢ontinued) The balance represents the accrued liability under the contracts. The movements during the year were= 2025 2024 Company 6.430.440 175,911 160.5561 23.723 12,911,977) 3,657,541 Companv 129.869 6.368.159 Balance at beginning of year New Contracts Refunds Amounts accrued to contracts Amount utilised to pay fees Balance at end of year 167.5881 6.430.440 18. Statement of funds Statement of funds- current year . Balance at I Sepiember 2024 Income Expenditure Transfers Gainsl Balance at inllout) {L055esl 31 Au8usI 2025 Unrestricted fvnd5 Designated funds Landscape management Fabric maintenance of Heritage Assets 2￿).￿0 4(Kl.C 200,000 400,000 600,000 Genefal funds General funds Mon - charitable trading funds Revaluation reseNe 19.827.791 26.516,628 123,985,835) 7.334 149,178 184.9251 22,148.233 26,843 22,385,427 71,587 22,148,233 41.983.358 26.665.806 124.070.7601 26.843 44.605.247 Total Unremrirted funds 42.583.358 26.665,806 124.070.7601 26.843 45,205,247 Endowment funds 782.821 17,386 18.7501 65,332 856,789 Restricted Funds 4￿,241 3a.383 12.4991 126.8431 18,660 512,942 Total lunds 43,856.420 26.716.575 124,082,009) 83.992 46.574.978 The Landscape management fund is for recovery and improvernent of the Grade I listed landscape. Page 47

THE CLAREMOIU FAN COURT FOUNIAITION UMtTEO IA ￿MPa￿ knmited by Guaranteel NOTE5 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 18. Statement of lunds IcoTrtlnuedl The Fabric maintenance of Heritage Assets fund ig forthe exrernal and iniemal fabric of the listed buildings. The Endowment funds are to provide a source of income for the general benefrt of the Charity. Statement of fund5- prioryear Balance at Income Expenditure Transfers Gainsl Balance at inllout) (losses) 31 August 2024 September 2023 Unrestrirted fvnds Designated funds Landscape management Fabric maintenance of Heritage Assets 21X),000 4￿,000 200.￿0 400,￿0 6￿.000 600,000 General funds General funds Non-charitable trading funds Revaluation reserve 17,060,018 24,547,573 121,821,034) 7,334 172,892 172.8921 22.148.233 39.215,585 24.720.465 121.993.9261 41,234 19,827,791 7.334 22,148.233 41.983.358 41.234 Total Unre5trirted lunds 39.815.585 24.720.465 {21.993.926) 41.234 42.583.358 Endowment funds 679.434 18.515 18.1811 93.053 782.821 Restrlcted Funds 473,692 33,519 12.339) (41.234} 26.603 490.241 Total fufids 40,968,711 24.772,499 I22.1￿M,446) 119,656 43.856.420 Transfer of funds relates to ￿$trIcted donations matched to expenditu￿ related to those purposes incurred Ihrough unrestricted funds. The Landscape mana8ement fund is for recovery and improvement of the Grade I I￿ted landscape. The Fabric maintenance of Heritage Assets fund is for the.external and internal fabric of the listed buildings. The Endowment funds are funds which are held as capital. They represent investments, 108ether with the income arising the￿on. Page 48

THE CiAREMONT FAN COURT FOlIN￿TION UMtTED IA company Limited by Guararrtee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 AUGUST 2025 19. Analysls of net assets between funds Group 2025 Endowment 2025 Restricted 2025 Unrestricted 2025 Total Tangible fixed a55ets 43,817,643 43.817,643 Fixed asset investments Current assets Oebtors due after more than one year Creditors due within one year Creditors due in more than one year Totsl 856.789 388.919 124.023 1.245.708 20,033,876 20,157,899 1.199.370 1.199.370 114,252,159) 114.252.IS91 15,593,483) 15.593.483) 45.20S.247 46.574.978 856,789 512,942 Group 2024 Z024 Endowment Restrirted 2024 Unre5trirted 2024 Total Tan8ibFe fixed assets Fixed asset investments 44,699.260 44,699,260 1,149,588 14.203.606 14.327.080 18.444.SIOI 18,444,510) 17.874.998) 17.874.998) 42,583,358 43.856,420 782.821 366.767 123,474 Current assets Creditors due within one year Creditors due in more than one year Total 782.821 490.241 Page 49

THE ctAREfv￿NT FAN COURT FOUNDATION LIMITED IA company Limited lryGuarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 19. Analysis of net assets between fvnds (Continued) Cofflpanv 2025 2025 2025 2025 Endowment Restricted Unrestricted Total Tangible fixed assets Fixed asset investments Current assets 43.817,644 43,817.644 1.245.710 19,982,031 20.106.054 1.199,370 1,199,370 114,271.9041 114.271,9041 15,593,483) 15.593.483 45.133.660 46,503,391 856.789 388,919 124,023 Debtor5 due after more than one year Creditor5 due within one year Creditors due in more than one year Total 856.789 512.942 2024 Endowment 2024 2024 Restrirted Unrestrirted 2024 Totsl Companv Tan8ible fixed asset5 Fixed asset investments 44.699,260 44.699.260 1,149,590 14,174,991 14.298.465 18,423,229) 18,423,229) 17,874.9981 17.874.998> 42,576,026 43.849,088 782,821 366.767 123,474 Current assets Creditors due wrthin one year Creditors due in more than one year Total 782,821 490,241 Pa8e 50

THE CLAREMONT FAN COURT FOUNDATION LIMITED IA tompany Lomited by Guarnnteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 AUGusf 2025 20. Re¢on¢iliation of net movement in funds to net &ish flow from operat•Th8 artivities 2025 GfOUP 2024 Group Net movement in funds for the year las per Statement of Financial Artivities) 2.718.558 2,887, 709 Adjustments lor: Depreciation charges IGainsl/losses on investments Dividends, interests and rents from investrnents Loss on the disposal of fixed assets Increase in debtor5 Increaselldecreasel in creditors Interest paid Net cash provided by operatin8 activities 1.558,710 {83.9921 1340,5631 1,315,850 1119,656J 1192,673J 392,587 150,296J (101,097J 334,463 4,466,887 16,569.5831 6.716.847 2%.996 4.296.973 21. Analy515 of cash and cash equivalents 2025 2024 Group Group Cash in hand 12.492.455 13.475,340 Total cash and cash equivalents 12.492.455 13,475,340 Page 51

THE CLAREMOPU FAN COURT FCKINDATION UMITÉD IA company Llrnlted byGuarantee) NOTES TO THE FINANCIAL sfATEMENTS FOR ThE YEAR ENDED 31 AUGUST 2025 22. Analysis of chan8es in net debt At I Cash ftow5 september 2024 New Other non- finance cash leases Changes At31 Au8USt 2025 Cash at bank and in hand 13.475.340 1187.0161 {4.250.7861 195.8531 12.827,2691 13,603,169) 2.511.247 1982,8851 326.169 12.492.45S 1493,7911 1354.638) 363,922 13A86,864) 115.803) 11,950,922) 11.9SO.922} 1,904,679 11.706.6191 1176.1121 4.577.609 Debt due wrthin I year Oebt due after I year Finance lease5 80.050 2,827.269 18.1291 2.242.474 Fees in advance due within l year Fees in advance due after l year 23. Capital comm•trnents 202S Gnwp 2024 2025 Group Companv 2024 Compony ConlrKted for but not provided in these financial sLiiements Acquisition of tangible fixed assets 279,434 279.434 24. Pension ¢omrnitments The Company operates a defined contributions pensK)n scheme for its non-teaching staff. From I September 2024 this scheme wa5 a150 available to teaching staff as an alternative to the Teacher5, Pension Scheme ITP51. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £423.66112024.. £370,6291. At the year end £57.99112024- £41.5471 wa5 payable and intluded in credrtor5. The School participates in the TPS for its teaching staff. The pension charge for the year includes contributions payable io the TPS of £2,063.96512024= £1,742.2791 and at the year end £210.47512024'. £210,391) was accrued in respect of contributions to thi5 scheme. The TPS is an unfunded multi*mployer defined benefrts scheme 8ovemed by the Teachers, Pensions Regulations 2010 las amended) and The Teachers, Pension Scheme Regulations 2014 las amended). Member5 contribute on a 'pay as you go" basis wr(h contributions from members and the employer being credited to the Exchequer. Retirement and other pension benefits are paid by public funds provided by Parliament. Page 52

THE CLAREM014T FAN COUAT FOUNDATION LIMITED (A company Lim•ted byGuaranteel NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENOED 31 AUGUST 2025 24 Penslon commltments Icontinuedl The employer contribution rate bs set by the Secretary of State followin8 scheme valuations undertaken bv the Government Actuary's Department. The m05t recent actuarial valuation of the TPS was prepared as at 31 March 2020 and the Valuation Report which was published in October 2023. The ValLtation Report shows notional assets of £222.2bn and liabilities of £262bn. resulting in a scheme deficit of £39.8bn. The employer contribution rate for the TPS is 28.6%. and employers are also required to pay a scheme administration levy of 0.08% giving a total employer Contribution rate of 28.68%. 25. Related party transartions During the year, the school entered into transactions Wlth its subsidiary. Claremont Fan Court Enterprises Limited. At the beginning of the year. the School was owed £402.194 by Claremont Fan Court Enterprises Limitetl. During the year. donat￿n5 of £27,41712024'. £2.6801 were made to the School, Costs of É52,48712024.' £117,669) were recharged by the school and net funds of E467.42712024= £9,130) were transferred to the School. At the end of the year. the School owed £40,164 to Claremont Fan Court Enterprises Limited12024.' £402.194 owed to the school by Claremont Fan Court Enterprises Limited). 26. Principal subsidiaries The followlng was a subsidiary undertaking of the Companv.. Name Company number aa55 of share5 Holding Included In consolidation Claremont Fan Court Enterprises Limited 01698864 Ordinary Yes The financial results of the subsidiary for the year were". Income Expenditure Net a$5ets Claremont Fan Court Enterprises Limited 149.179 184,9241 71,591 Page 53

THE CiAREMONT FA14 COURT FOUNfA4TION UMITEO IA compary Limited by Guarnnteel NOTES TO THE FINANCIAL ￿ATEmE￿ FOR THE YEAR ENDED 31 AUGUST 2025 27. CoDsolidated Statement of financial Artivityes- Cornparative figures by fi￿d-type Year ended 31 August 2024 Note Endowment funds Re5tfirted Unrestrirted funds fvnds Total Income and endowments Irom: Charitable activities Donations and legacies Other trading artivities Investments 24,323,259 54,134 172,892 170,180 24.323.259 83,675 172,892 192,673 1.023 28.518 17,492 5,IX)I Total income and endowments 18,515 33.519 24,720,465 24.77Z.499 Expenditure on: RaisTrng funds Charitable actwities 8.181 2,339 308,479 21.685,447 318,999 21.685.447 Ti)tal expenditure 8.181 2.339 21.993.926 22.004.446 Net income before net gains on Investments 10.334 31.180 2,726,539 2,768,053 Net gainslllossesl on Investments 93.053 26,603 119,656 Net income 103.387 57.783 2.726.539 2.887.709 Transfers between fund5 1412341 41,234 Net movement In funds 103.387 16,549 1767.773 2.887,709 Reconciliation of lunds: Total funds brought forward Net movement in funds 679.434 103,387 473.692 16.549 39.815.585 2,767,773 40.968.711 2,887,709 Total fvnds carried ftbrward 782.821 490.241 42.583.358 43.856.420 Page $4