Company Regl8tration No: 01386499 Charity Registratlon No: 278950 ST BEDE'S SCHOOL TRUST SUSSEX (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31 AUGUST 2024 ST BEDE'S SCHOOL TRUST SUSSEX FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 Index Page Legal arKI Administrative Infomiatb Chair's Report Report of the Govermrs 5-36 Independent Audrtorfs Report 37-39 Consolidated Stslement of Fina￿la1 Activities 40 Consolidaled Balance Sheet 41 Consolidated Cash FI￿￿ Stalemenl 42 Notes to the Financial Statements 43-64 Page I ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 LEGAL AND ADMINISTFIATIVE INFORMATION Governors The current GoverrKJrs afe also the Directors of the coM￿Y and Trustees of the Charty. Those who sgrved during the year are.. Mr N A Mercer BA (Honsl (Chairl . # t S lapwnted 15 June 2024) Mrs G Watkins (Chairl ' # t S Irelired 15 June 20241 Mr S Avery BA. MBA. FCA . (appointed 14 Seplember 2024) Mr J W Burbidge BA IHonsl ACA (Deputy Chair} # t Mr S Esson Ir8$igned 29 November 20231 Mr C Ha￿99d t Mr G Janakan {appointed 26 S8Ptwnber 20241 Mrs S E Jelly # MrG Kakar. Mr D Keegan" Dr C Lemaigre MA Hons. DClinP$ychol MrsCMNashBEdS# Mrsv Parkert Mr M Pattihis" Mr G Perrin S {appointed 02 Octobef 20231 Mr K Siwek BA (Honsl S Mr S Smilh FRSA * (resigned 15 Mareh 20241 Mrs P Southern MA (Oxonl. ACA S lappoinled 14 September 20241 The Reverend Jeremy Sykes. MA Hons S Mr A Targett t lappoinled 14 September 20241 ' denotes members of the Finance c￿mMittee # denotes members of the Govemance. Nominations arKI Remuneratbons Commrtiee t denotès members of Ihe Property Develcpment Committee S denotes members of the Edu¢atin Ctsnmitlee Trust Executfve Committ09 CEOISenior School Head Company SecrelarylCOO Chief People Officer (CPO) Prep School Head Director of Communications, Marketing and Admissions Senh)r Deputy Head Deputy Head, Operations Dire￿Or of Summer Sch￿1 Director of Safeguarding Director of Advancement & Alumni RelatK•ns Mr P M GoctyJyer MBA. FRSA Dr J R Northway BM, FRCS Mrs E Maynard MCIPD {formety Director of Pec4ilel Mrs L-A Morris BCCOM Mts R Naime BA {Hon$l Mr J TUS￿ MA. PGCSE Mr P Wk8e 8Sc (Honsl, MEd. PGCE Mr R Edwards Bsc (Honsl. MSC (resigned 26 September 20241 MrsA Hodge RMA CYP Mrs Charlotte Sutton BA {Honsl. MS¢. PGCE (appointed 1 September 20231 Page 2 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 Reglstered Offlce Bede's Sen￿r Schc()l. Upper Dicker Hailsham. East Sussex BN27 3QH Advisors Bankers Barclays Bank PLC 1 Churchill Place London E14 SHP AL*Jitors Hay$Mac LLP 10 Queen st￿et Place London EC4R 1AG Solicitors Mry)re Bar￿￿¥ The Ori Sydenham Road Guildford, Surr8y GU13SR The Governors, a￿ the Companys thr￿lOrS. presenttheir annual reFrf)rt and the audf(ed accounts of St 8ede'$ S¢hod Tnjsl Sussex for the year ended 31 August 2024. Pa8e 3 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 CHAIR'S REPORT l am pleased to present the Trust's Annual Report for the xademic year 2023f24. a year marked by sonbficant ￿h19¥eMentS both educatK*nally and in term5 of the Trusl's charilabb ambitions. The report details the wde-rarvjing activrti8s and 9￿MpliShMents of all areas of the Trust, inclLKling our Nur$8ry and Prep Schcd. Summer Schcd and Sen￿r Schtsjl. At the outset. I woukl like lo extend my sincere gratktLkJe to MTS Geraldine Wthins. who sleFped down as Chaii of Govemors this summer after six years of exemplary leadership and dedicated service. Her tenure has been a perkyy of outslandiry growth and success for the Trust. FrcTh a goveman¢e perspective, we We￿ also proud lo see Bede'$ recognised as the Sch￿1 of the Year by the Association of Governing Bcdies of Independent Schw1$ IAGBISI - a Tefl&tion of both Mrs Watkin's stwwardship and the invaluable C¢)nlributions of our W￿er Board. A particular highlight this year was an excellent set of resulls in public examination$. Our S￿h Fomi pupils achieved 8OQh A'_B gr￿e$, while at GCSE, 45% of grades were at the level of 9-7. The Summer School continues to evofve arKI expand. with this year's launch of a new centre al Royal Russell Seh¢)ol. extending our reach into Ihe London area. DiversrFulion remains 8 key priority for Bede's. especiawy in an increa&ngly competitive educational landscape. Closer lo home, the development of our ne•V Boardin9 House atthe Prep Sch¢)ol. Meads End, is moving forward. with an expected opening in 2025. While the￿ is much lo cekbrale in the achwemenls of the past year. the Board and Executive Committee al Bede's are acutely awar& of the thallenges vthich lie ahèad. The Govemmenl's recent dgcision lo apply VAT lo independent school fees. abngshde Ihe removal of business rates ￿lief and the upcoming increase in NatK)nal Insurance rates for employers. presgnt profound financial pressures. Miligaling these risks is a key priority for the Trust in the coming year. We are COMMrtt￿ lo rwigating these changes str*eg￿aIty to ensure the continued financial sustsinabilily of Bede's antj lo safeguard the quality of edUcat￿n and ¢wortunities we ¢)ffer lo our pupds. I hc¥Je this report provides inswJht into the values, energy. and unwavering commTtment of the whole communty that defines Bede's. It also hvJhlvJhls the remarkabte work of our staff and Board of Govefnors. who wnlinue to ensure that our pupils IhrNe in all a$pe¢ts of their h.ves and I woukj like to thank Ihem for 11 their endeavours. k M8r¢8r halr of GovemorJ Page 4 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT al Structurn Sl Bede'$ S¢h¢xJl Trust Sussex is a registe￿d charitable company established in 1978. charity number 278950, and company number 01386499. The l￿bIlitY of the members of the company is limited by guarantee. It is administered by a 8oard of Govemors, the members of which ar8 al$0 the Trusleg5. The frust. (wh￿h since 1 September 2012. has been krK>Wn 8s"Bede's'l is ctymprised of three schools. Preparatory School with a nursery, base(l in Eastboume. ￿tering for child￿n between the ages of 3 months and 13 years", a Senior School at Upper Dicker. educating children between the ages of 13 and 18 years., and a Summer School provpaing ac&Jemic and recreational programmes for youn9 people from around the Worfd. All Schc4Js are eo4ducational. have boardiw and day pupils and wekome children of var￿d abilit￿$. b) Govemance and IAan•gwnent The Trust is run in accordance with the Art￿18$ of Asse¢￿10n of the charItab￿ company by a Board of Govemors whose mttnbers are listed on page 2. Governors retire in rolalion every five years and can sland fof Te-eleclion. Thg Chair is e*ted by the Govemors every ftV8 years and may stand up lo three limes for reokctun. New Governors a￿ elected by the Board on the basis of their eligibility, personal competence. sp8cialist skills and local ardiSabilily. The PfLxess inVo￿e$ WKle ranging consultation between the Chair. Board members, CEO IChEf Exe¢utNe Officer) and COO (Chief Operating 0￿￿￿rI. The ¢omposilK)n of the Board is kept under constant review and proper consideration is given to succession planning. New Govemors are inéucled into the way the Trust works by discussion with the CEO, COO and the Clerk lo the Board. They (errive an infomiat*)n pack aboul the School its objectives as well as the Guidelines for Governors, issued by the AssocotK)n of G¢)verning Bod￿ of Independent Schools IAGBISI and approved by the Independent Schools Council. and a Governance Manual of practices and procedures specrfic to Bede's. They undertake safeguarding training and are also encouraged lo attend training courses for new Govemors. All Govemors are encouraged to go on relevant courses to keep up lo dale. The Independent Schools Inspectorale {ISII InspedKJn in February 2024 al the SenK)r School and at the Prep Schod in June 2024 confirmed Ihat Standards of Governance were being met. The Board has adopted a Governor PerfO￿ance R&fjew Policy thal outlines the basis of the Trust's annual review of the perfomiance of the Board of Governors. each of the Committees and individual Governors. This providés an opp)rtunity for the Board of Governofs, each Committee and individual Governofs lo reflect on their overall perfomiance to ensure they are fuwilling their respective roles and are not distracted either by ptsjr praettts andlor pffjcesses or by matters vthich have been. or should be, delegated to management. The G¢)vernors meet ￿ee a tem to fomially revi￿ the Tru$t'$ affairs and hold additional meetings as necessary lo rewew slrale9y and development. Much of Ihe Board business Ys delegated lo various Committees.. The Finance Committee chaired by Mr N A Mercer (Mr D Keegan takes over from September 20241 meets before each full Governing Body meeiiThJ to review annual budgets, temily management accounts, annual report and &counts and development expendrture proposals. It makes recommend*ws for approval by the Board. indudir¥J annual ￿)unts, annual budget and setting of fees. The Pfoperty Devebpment Committee thaired by MTS V Parker, meets once a term to rwew pryrty development pr¢>aress and submits pr(4x>sals for future development expendrture and maintenance for consKleralion by the Finance Commrttee. Poge 5 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 Th& EdUC*￿n Committee. chaired by Mrs C Nash. meets once a lemi to fcKus on the Tru31'3 educalwal p￿￿e8 and outcomes. The Govemance, Nominations and Remunerations Committee. thaired by Mr J W Burbidge, meets once a lem lo review and monitor the Trusys govemance arrangements. to make recommendations to the Board on the appointment and reappointment of Govemors and the ￿ruitMent and cornpen5alion package of the CEO and COO. and haN* oversight rl the reMU￿rat￿n of olher members of the Executive Team. The Risk Review Audit Committee. Chaired by the COO, with Governors in attendanee, meets once a term lo review the risks faung the Trust and to scrutinise the controls in plxe to mitigate those risks. The Safeguarding C(ynplkqnce C¢Mlmittee, chaired by the Director of Safeguarding, with a Govemor in attendance, meets once a temi to ensure the Trust remains compliant with all matters pertaining to safeguarding. The Trust Heath and Safety Commrttee, chaired by the Heatth and Safety Compliance Manager who took over from the COO in January 2024. meets termly to discuss Health ar￿ Safety issues affecting the Trust. A Health and Safety Management Committee, chaired by the COO. meets annually. All Health and Safdy C¢)mmittees are attended by a G¢)vemor. The day-to4ay management of the Schcols is delegaled to the CEO and the COO, supported by the EX￿ul1Ve and Senior Management Teams at both Schools. Govemors Carry out visrts to the Prep School. Senior Sclb)ol and Summer Sch¢￿1 throughout the academic year. OBJECTIVES AND ACTIVlnES al Charltable Oblectlves The Articles of Asso¢Yalion slate. 'The objects of the Charity (Objects) are to pn)mote and provide for the 8dvancement ol educatson of Ch￿dren and young Pe￿￿S in the United Kingdom and 81s8where and, wilhoul prejudAce lo the generality of the Iow(yw, in part￿ular by the provision of a school or sch￿￿s.-The9e objects are achwetJ by the provision of co-educational day and boarding educabon al both ils Preparatory Sch￿1 and its Senior Schcol and by the provision of Summer School facilit￿$. The charity welcome$ chikdren of varied abilities and aims lo enable each pupil to a¢h￿ve to the best of their ability", fee remission through schoL4rships and means tested awards are prowded lo Pupils with special tslents or needs, $0 that they can benefit from the opp¢)rtunil￿s offer&J by the Prep and Senior Sch(y)Is. The Govemors have due regar(I to the Chanty corThnisS￿ guidance on public benefit b) General Oblg¢tlves fof th• Yoar Our aim is to be the Educational Trust of choice for parents seeking an outstanding all-round education f¢X their ehildren. maxYni$ing aCadern￿ outcomes in relation lo abiifty, becoming the marfiel ￿ader in Jding value and buildirrfJ on our existing strengths of pastoral excel￿nce, a strong artistic tradition and outstanding sporting provision, augmented by QLY wam and caring C(￿rn￿nty. We are commitied lo ensuring that Bede's is a school where every ehild finds something thatthey enjoy and where they succeed. Pupils are enccMJraged to aspire to the very highest academ￿ standards and most importan15y-are emp￿red to enjoy their ￿aming. We %want Ihem lo develop 8 kjve of leaming and believe that this should be a ￿ur¢9 (rf pridg. Bede's carefully blerKls rvjour. ritual and informalty lo create a School where the yourvJ and the not so young support each other in a positNe, vibrant aThJ happy atmosphere. Page 6 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 We recognise our obligation lo be an organisatw Iws a fttus on KKial respcfflsibilty and as such, we will continue to grow partnerships and activities for the benefrt of the public. The beneficiaries indude.. Young kwle. whose education is fvnded through fee income. donations. bursari8s and seholarships,. The bcal ¢ommunty, whth benefrts approprE*e a￿$ to the School's facilitiès., A number ol charities ba¥ed in the UK and world*ide for Wh￿ funds are raised at the School.. The general public, who are the uRimatg benefick41￿ of the Schcofs high-quality e￿￿￿tIOnaL $￿teffl and the soaal Wdlues that r( generates. Publlc Benefit Educatlonal Offering bursaries orothertyp&s of8ss￿IedplaceS The Govemors. polry ks to make awards for f& reMtss￿ on the basis of financial need arKI pupils, education￿ ability or talent Bedg's do8s not have any historic endfrnrnenl and, therefore. in awarding bursanes, the Trust tr￿$ lo ensure a baL4nce betrNeen rts 0blBJal￿nS to fee-paying parents, many of whom make considerable personal sacrifices in order to educate their children al Bede's, and those who will benefit most Ircffl the awards. The Trust invests considerable time and resources in the awarding of its bursaries and ensuring that, as far as it Is 8ble. the benefits of a Bede's edueabon a￿ as accessibk a5 possible to those who do not have the means lo pay lull fees. During the year. il provided 64 means tested bursary awards at a cost of £611 k. FoL5r of the awards were for fully funded places. In addit￿)n to its bursarial Contributions. th8 Trust is involved in a range of activit￿5 in support of rts charitable obiectNes including providing support for, and partnetships wlh. kn Falls Game Park and a boat trip on the Victoria Nile. Collaborating Mth state schocrfs. i￿1￿11ng WO￿￿9 with orswwring academ Bed8's continues lo represent independent schoo15 acr0$5 Ea¥t Sussex in tems of safeguarding will continue lo do so for thg foreseeable future as part of the ne￿ named Easl Sussex Children's Partnership. In Septhbef the Heal of the Bede's Partnership Programme organiwj an inter sctr￿lS council meelir¥J. A member of staff at Bede's e¢)ntinues his long-standing ￿mm￿rnent and support of Looked After Children (LACI by ading as the Designated Teacher for LACS. Bede's works ck)sely with the RNCSF and our Designated Teacher is a membèr of their Expert Athiisory Group. providing advice about Ix)arding, in order lo help develop their national programme. During the year. there were fve L4C from East Sussex who wgre eduealed in the Trust. all of whom were weekly boarding at Bede'$. The School also supported one chihl from Easlside Young Leaders. Academy (EYLA), through the Royal National Children's SpringBoard Foundation {RNCSF). The School prov*Jes 50% bursaries for the LAC and also covets many of the exira costs, with the Local Authority and the Royal National Child￿n,8 SpringBoard Foundats"on providing the remainder of fees. Bede's also provKles a 70% bufsary for the chibj from EYLA. wth the RNCSF ￿Vering the rest including extras. Our Designated Teaeher for LAC has also Continu￿ to fulfil his role as a Govemor of Ihg East Suss?x Virtual Sch¢x)I for Children in Care. wrth the Schcol hosting tsvo of the Governor meetings this year. In thi5 role. he also works dosely with the Head of the Virtual Schc¥)I to thntify chihlren in care who would benefrt from a place al Bede's and to explore ways in which Bede'$ ean support and provide cpportUn￿.8S to other children in in East Sussex. The head of LAC has also deveioFed a partnership with Magda￿n Colkge School in Oxford offering thitervivw and mock Oxbridge Maths suppyt fcff a vigty of pupils in state schools. As part of its work lo support the Foster Placement SLVM Swvti. which provides respite for foster arers, Bede's l¥)sts chiklren several times a year at weekends and during holidays. Each lem Bede's hosts groups of up to 15 children on a Saturday moming, providing a¢tiwti8s in both the Art and Animal Management Unil followed by lunch. On ts¥o o￿aSton$ we hosted two groups of LAC for holiday sports activrties, led by staff in the Sports Centre. during wh￿h they tried out a number of different sports. We hosted fv40 chik1￿ft in Care Awards ceremonies this year. In October, V*e hosted over 50 children in care along wilh their ￿rerS arKI scKial wothers to cewrate their educalh)nal success. Bede's caterers. Holroyd Howe, provided dinner. foll¢Med by an awards ceremony thattook place in the Recrtal Room. This event was for chiklren in Year 7 and above. In March, we held an event to celebrate the educational success of such children in Year 6 and bebw. 20 chiklren along with their carets, w&re inwted in for a Sess￿ in art and animal managwnent. fol1r￿d by lunch and the avrdrd ceremony in the Old Dining Room. Fom?ali&ng sharing olknolthge. skRI4 expertise and eXper￿nCe with other educatst)nalprOv￿rS Several membors of staff act as governo￿ for kxal primary and seeondary $ch￿lS.. namely Sl Chrislophels School in Letchworth. This partnership is particukrly pertinent as the member of staff has expert knowledge lo help St Christopher's fam and animal small holding. Other schools include Ratton Sch¢Jol in Easlboufne as well as Hasxcks Infant Schod. One member of staff $ils on the Universty of York advisory board for Natural Su'ences. Another member of staff is a trustee of Project Eileen, a local charrty set up tc prO￿￿e help and supp)rt for children coping wrth the death of a loved one. Page 11 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 Whilst we also have a staff member wtho 1$ club Chair aThS coach CA the Eastbourne Inline F&)ckey Club forjuniors and seniors. Bede's Asslstsnt Head Ilnnovation and Devebpmenll continues to lead various training and inset sessions in other schcols. sharing his expertise in the area of online leaching and learning, IT and scien￿. 8ede's Assistant Head (Academic) and the Head of the Prep Schod are both ISI inspectors who in tum can offer feedback to school aThJ cot*s sUrroUnd￿g the errteria and values instilled in inspection teams. Through a collabofatKlll Wlth Park Mead Primary Schod, the Trust is working to develop kn¢)wledge, skilb and expertisè in Key Stages 1 and 2. bolh for tself and also for the Sports Leader pupils, so that they are encouraged to continue lo develop thwr lead8rship skills and volunteering during their final year. Bede's pupils and staff partI￿Pated in Easlboume Hdocaust Memorial Day events and has hosted the regional debating competrtion for kcal schcw)Is. We are invofved in the European Youth Parliament. hosling the south coast re9￿ft evenl at Bede'$. We enter teams for the Mojel United N*vJns annual competitions across the county. The Languages department hosted the inler•schools debating compelthon, the Year 7 and 8 interschools quiz competitKJn as well as a Special Educational Needs and Disabilities Coordinator {SENDCOI study day, wi(h the cpportunity lo share best praCt￿e amongst IcKal primary, secondary and specialist s¢h¢)ols. Willingdon and St Richard'5 seeondary schools were able to use our faeilit*s. coaching and filming equipment for GCSE Fcotball. A swting maslerdass was held for euhl kxal primary sehools including ricket, tennis. hockey and swmming. A swmming gala along with fLwXball competitions were also held wf(h local sch¢)ols. As well as zoo visits. conserya11￿ %wrkshop$ took pLqce at the zoo for Ic¢al stale and independent schcol$. Th¢ zoo is part of an endangered speC￿S programme induding hazel domiice and black lemurs. The programme is in an attempt to conserve a Brrtish speue5 and return them to areas Ihat were regv)nally extincl. Communlty Relattons Sport Be(18'5 remains deeply committed lo outreach. delivering sp￿ts maslerclasses, lasler sessions, and competitions that have impacted bolh our pupils and the wder community. This year. we hosted the Schools, Tennis Championships, wekoming over 6CQ pupils frcTh 15 sthooL8. We offered swimming, cricket, hockey, tennis and football taster sess￿n$ to thal schools. Our coaching staff also worked dosely wrth organisalions pwding many loumamerts and expert coaching that has engaged over 800 young people frc4n the ￿der community. These achievements reflect our Continued 8mbit*)n to create not ju¥t great athletes blrt lrfelon9 enlhusiasls of sport and physical actiwty. VAllage Lrfe The Sen1￿ Schc¢l values h￿hlY its rde ￿rythin the local vi118ge c(Ynmunly of Upper DKker and ils environs. We continue to SUFPOrt Christmas Carol singing in the village, donating money towards the cost of the evening including f¢xxJ. decorat￿n$ and presents as ￿?11 as sUp￿rtI￿a the event itsew with pupils and staff. This event 15 a fantsstic social gathering for everyone that resides in the Village. The Schcfv)I dso pL4ys a s￿nifICant ro￿ helpirvj wilh the Lynisatw of DKker Day whth is an event Page 12 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 organised in the Village by IcKal residents during the Summer where there are various tradTiional stalls and aCt￿ltieS which a￿ run by the pupiL8. The Schcol maintain$ $eMces to the vil*e church. includirg urKlertaking repairs arKI tending lo the graveyards, cutting hedges, as well as other wllage amenities, s￿h as lending to the football pitch and verges. During the Schoc4's Make a Drflerence Day the pupils hdped with gardening and cleaning up in the Parish garden al the church in the village. Another group of pupils went lo assist at Michelham Priory in their gardens in a simiLgr way_ Our car park continues to be used for large events at the vilkge church and daily by the parents of the village primary sthcol for drop off and p￿k up. During the winter months. thg School grits the paths 41 the vllage. espeualty around Park Mead Pnmary School. The School maintains active links via the D￿ker Resbjents. A$s￿ratIon often sending a representslNe lo Ihe meetings that lake place sevefal times per year. A5 well as resothng any issues Ihal ar¢5e around the village this wa5 helpful when eommunicating regarding the new roundabout scheme in the heart of the village that was paid for by the Sehts)l. This traffic calming measure was something that was welomed by the village residents and the Schcol had campaHJned for thi$ for over twenty years. It finally came lo fruition in the Summer of 2024 and has calmed trth travelling through the wlL2gewhich is beneficial to both the School and to the hxal r￿dents. Local residents are able to use the Sch¢)ol's swimming pcol and have accets to the gym al certain times of the week. all oflthich are free. 8ede's also pfovides emergency support wthin village from time to lime, for example by providing water lo the primary school on cccasions when the water supply to the village has been cut off for probnged perK¥J$. The Schcnl prints and supplios ID cards for Park Mead Primary &h¢Jol. The Schert)l in return someb"me$ hires the village recreation ground for football training for s¢)me of the pupils and on a Coup￿ of 0￿s1OnS has hir&l the Village Hall in order to ca out drama rehearsals when examinations have been running at the &hool. Senior pupils provide reading support lo all age groups at Park Mead Prwnary Schctjl. building strong rdalionship5 wlh the children. volunteering al events such as the Christma$ fair and Sports day. Food has also l)88n provTrded for these events fr￿ the Food aThJ Nutrit￿ department. As part of the late HRH Queen's Green Canopy Projed the School planted 1,200 trees in 2022-23 on the hillside above the village. These are of varying spectes and the Sch¢xJl grounds team have tended to them since and the pupils theMSe￿e$ were involved in watering as part of Make a Drffeience Day. Relatively few have been k)sl and in Yea￿ to cryne these *ryll lum into a new area of woodland above the village. Ildlrfe 8ede's Animal Management Unrt Supports the Peopk's Trust for Endangered Species and The Sussex Wildlife Trust in monitoring the popUlat￿n of Hazel t)ormu. Local schcols Msit the zoo, alon9 with 8 Young al Heart community group. We eonlinue to extend thi$ offering Vdith over 200 primary aged pupils siting the 200 this year alone. Bede's also contributes lo the Conservatson of the criltslly endangered Belted 3lack and White Ruffed Lemur. one of the most endangered primate species in the world. The School has started an edutali¢)nal partnership wth Nyosi Wildlrfe Reserye, a peri-urtmn conservation prqect kxale(l in the Easlern Cape of South Aft￿a. Local Chailty and Volunteerfng Work Pupils al Bede's are encouraged to devebp their relat￿nShip V￿th the WKler communty, through the charitable actions of giving lo others. whether that be their time. energy or finanek?I contributions. They are encouraged lo develop a strong ¥ense of ciwc duty and a clear understanding of the values of Charitab￿ fundiaising and vdunteering. Page 13 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 This year Bede's has continved lo foster thwr lir* v4ith the Matthw 25 Missh)n in Eastboume, 8 charf(y wh￿h cares for vulnerable peop￿ who have been exploited. In IheAutumn temi, as part of Ihetradilional October HaNest Festival. Bede's Schcd Was able to donate enough dry fc*￿ to provKle 2.000 meals. The donation drive fostered an awareness of the struggKe$ of those in our own community and helped lo encourage a sense of c¢ynpassion and curiosity. Al Christmas. 150 '1ove in a bag" parcels V•ere fil￿d with grfts arKI donated to Hailsham Food bank which were then distributed to families who *￿Uld not otherwise be able to afford them. Al Easter 450 Ea¥ter eggs were donated to The Recovery Cafe and psychiatric clint in Hdlingly. This charty sed(s to support anyone on a recovery joumey. In the Summer term, the Senh)i School IK)sled the Derne￿a Bubble Rush. providing all the set-up. equipment grounds and fa￿'￿tIes. The Prep School runs a weekly activity called Young at Heart during whth a group of pupils visbt care h¢)mes lo spend time engaging wih the eklerfy. Pupils are excellent ambassadors for the Schcol demonstrating our values of ccmpassion and their qualf(*s of generosty. care and sefflessne5$. The Senior School aL80 worked cbsety with the Young at Heart ccrfnmunty group, hosting cooking. art arKI music session5 throughout the year and helping to (¥ganise and host a fa5hhJn show, raising over £3k for their charity. Musi schok8f8 also organised a musKal 8ftem0￿ for a Iwal Seaford eommunty group. The boarding and day house$ at Bede'$ Senior School continue to demonstrate an admirable focus on charity fundraising. This B leslimony to the spirit and camaradefE in each of the houses.. staff, pupils and their families Sho%￿￿ a great willingness lo come tO9ether and give lo others. Charities supported were Raystede. Crohns in Childhfxxl. ch￿￿Y Herrtage FoundatK)n. UNHCR. the UN refugee agency, Hope Valley School in South Africa, the ABC fund, UFULU MaLqwi Ltd and the Hummingbird charity. The total amount raised by the houses was £19k. The Senhy School 8L80 raN8ed funds for St Wiwffjd, Hospice, Oxfam, Hailsham Food Bank. the Poppy Appeal and Red N05e Day. The Prep School raised nearly £9k. through Var￿￿S fundraising evenl$ across the year. The majorrty ol the money raised will goto supportwok). a lo￿1 chaniy. Wolo Foundation helps families living in Sussex through their ￿ncerIoUrneys and by offering practieal help and support lo makg th￿r day-to4ay lives easier. In addition, we sup￿rted Chiklren in Need, Christmas Jumper days. COM￿ Relief. Macmillan Cancer Support, Royal Brilish Legion. Red Nose Day and Worfd Wildlrfe Fund. The School choir also visrted carg hcvnes over the Christmas Per￿ to sp￿d some joy. In developing links wrth the local communty. pupil$from both Prep and Senior Schools have undertaken various beach and park cthns in the surrounding area in cdlaboralion wlh Plastu Free E8slboume and Surfers Against Sewage. The Deputy Head at the Prep SchcM)I volunteers for the RNLI, running 8du&*icnal sessions ￿ bcal sctthls and charitable organisat￿n5. ACHIEVEMENTS AND PERFORMANCE SENIOR SCHOOL Academic This was the first year where cO￿d started to have a more lim￿ed impact on resub and the $¢¢ond year where grades were reset lo 2019 knveb. The pupils who coMp￿ted A-Level$ and 8TEC Level 3's *uuld have completed their GCSES in 2022 - a year where grade inflation was mhlway COV￿ and Pre4ovKI levels, however had the advantagg of tsking GCSE exams rather Ihan Teacher Assessed Grades. Page 14 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 Results in 2024 A-L8vel were $effle of the hwjhesl in the last ten yws {exduding Covid years} with 80% of pupils achieving A'.8 grades (during Cowd these figures Y￿re 82% and 83%). In 2019, the last year of statistully accurate dala. Ihis figure was 70%. Value Added at A-Level was both higher and st*'slically signif￿artt. 26% of all grades V￿re * A" or equwalent. There were similar posrtrrfe resutts at GCSE wilh 44% of pupils achTeving levels 9-7139% was the 2019 equivalent figure). Again. Va￿e Added was slrwj and Stati$l￿allY Signifrant. 25% of grades were at 9-8 (equivalent lo an A.). In the past twelve months Bede's has l)een a centre of dyitd teaching and learning in the UK. Two exam boards, AQA and Pearson reguLady visitgd during Ihe moc* and exam season and Ihe School is leading figure in the nab.onal conversatK)n concerning online assessment. In the last twelve months Bede's has expbred the us8 of Al in education ¢Jn a natK)nal18vel and we are eurrently working both with AQA and Imperial College in this r￿Id. Cumulatlve p8rcentages at each grade for A Lgvel, 8TEC and Pre U quallflcatAons 2024 26 95 2023 20 42 65 89 2022 27 70 2021 33 97 2020 25 97 2019 20 48 70 Cumulative percentages at ￿ch grad• for GCSES 2024 2023 11 22 41 65 81 98 2022 15 29 45 62 81 2021 2020 2019 ReguFar assessments throu9hout the year {vth one 'robu$Y assessment for every year group once a lerml were designed lo ensure that teachers received feedback on progress, pupils develop the Strategies for successful exam tethnique and pupils build ￿SI11ence lo face 'the real thing,. Intemal end of year exam1r￿ti¢ns l¢yJk pL3ce for First Year, Lower Frfth and Sixth Fonn cthorts. Page 15 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OFTHE GOVERNORS YEAR ENDED 31 AUGUST 2024 First Year Curr￿UluM Days look place featuring space desvjn and sustainabilty challenges. These provKled nonrycurri￿ar experiences for pupiL8 at Bede's OLrtSKle the noms ofthe dassroom. This year, swjnificant work has been undertaken to conb.nue to deNebp independent learning skills in the Fifth Form. Fifth Fom pupils and their par8nts participated in Maximtsing SUc￿s workshop¥ in January antl February 2024. during whth pupils were supported to hlenlrfy revision strategie5 to aid their ￿aMing. Furthemiore, a Frfih Fom tutorpr&aramme, underpinned by research evblence, focusse(I on devdoping a gr￿h mindset by engaging with the 4C values (Compassion, Courage, CuriosTty antl Conscienti¢usness}, was deployed this year to enab￿ Years 10 aTrJ 11 pupib lo unlock the power of metacc•Jnition and lo further embed their practice of using effective rewsK)n Strategies for leaming. In recognrtion of h¢)w Challenging exams are, continued prowsion to supwt Year 11 s was made available thrtsjghoul their GCSE exams, as pupils in Year 11 were provided wrth up to 17 subjecl-specrfic revision sessions lo svjn-up for. These reViS￿n sessh)ns Nbere extremety pwular with parents and pupils, confimiing that the joumey lo becoming self4egulated and indepeThJenl ￿rnerS in the Fifth Form and beyond is making demonstrable progress. The After-school Academy tCty)k pL8ce eNery m￿daY. Tuesday and Thursday evening, with a Comp￿hen31ve range of subjects on offer and a sonrfKant take-up frGYn pupils. Extra sessions are advertised with giant posters displayed around the Schwl. along with regular updates on the Aeademic Exira Sessions Website. There were close to 1(Kl drferent sessions on offer during th8 course of the week with after-sthcol the most popukgr sk)t. The 42 Club continued to take place after Schwl every Thursday evenin9 and is designed lo offer sUpra4urr￿u1ar actNities for pupils. Whilst The42 Club aclNities are targeted al grfted & talented pupils. all are welcome lo join. Pupils are strongly encouraged lo attend numerous sessh)ns during the term. Scholars also help design the proJramme by running events themse￿ and providing feedback on requested future èvents. Examp￿ of Ihe diverse topics and subject areas covered during the year include a conference on elhti in bK)Ic>Jy. an edf(orial meeting for the SHAPE Facutty magazine. an 8nimalion masterclass and English masterclass fcrussing on dramatic comed￿, a business masterclass exploring start-up 5ucce5s, adwce on how lo d81iver a TED talk, a dissectN?n masterclass, an ￿OnoMICS syynposium and 8¢￿￿1t1￿4 class. Our outreach prograrnme continued wlh a 5ignifieanl number of workshcps being held at prep and primary schcols throughout the IcKal area. Windlesham Prep buirt a Cty fr￿￿ Scratch, Park Mead Primary School hosted a Dragons Day V+X)rt$hop and Skipper5 Hill Prep Schwl hostet1 a Model UN workshop. This is just a small s9lectK￿ of the 40 different workshops that were undertaken. Our Universf(ies ond Careers Fair in April hosted 50 extemal exhIb￿or$. including universi(ies, k)cal and national employers. vocalional training p￿￿ders, gap year wnpanies and represenlatKJn frc*n international universities. H￿hlightS included 21 universities, UK Space Agency, Natwesl 8ank. all three Armed S8fW"w, Conde Nast College of Fash￿n, Sussex Police and Oyster Worldwde. We were joined by four alumni as exhibiting prOfess￿nals. We also weknmed pupils from partnering sCh￿L￿ including Lewes Priory. King's Academy Ringmer. Seaford Head and CLaremont as well as our own Prep Schc¢)I with a lotal loottall of over 12CKJ pupils engaged. Lower Sixth Futu￿$ Week tC#)k place in the penultimate week of June and aimed lo prepare and inspire our pupils in their higher educalKsn choice¥. career aspirat￿nS and helps prepare Ihem for leaving the Bede's ￿Mmunty. The week induded 30 dNerse industry insight workshops and subjed tasters availablg for pupi15 to access. ak)ng with a day of "lrfe skims. thsh¢)ps. and a day at the Unw8rsty of Sussex. The week involves suppx)rt over 20 extemal organIsat￿)n$ as well as frcyn our resident experts drawn frcm wrthin the Bede's communty. The outreach programme which has been in pkqce with our ￿ Prep for sune tsme now has b¢¢n extended to include pupils frryn ¢)ther k%al prep schools. Fxulties have hosted Page 16 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 mastercksses indude the Langu￿eS Facuty which led a writing workshop at HaZe￿¥¢￿)d Prep SC￿)01 and STEM visited Rose Hill Prep School to delrver a rockelry-based workshop. These supfaday praCt￿e$. Boarding Two years after the opening of our nwwe5t boardiThJ house. Doms, we are pleased to have a full eomplemenl of top-qualrty boarding houses on the Senior School Site. Our commitment to croaling a supportive environment for ¢)ur b?a￿ets i% refiected in our ongoing refurbishment efforts. In 2023124. V￿ introduced SVJnrf￿nt enhancemerts to our boarding program. wrth a focus ort evening aclivilies and academie support forboarders. Our revamped weekend and evening schedule now offers W￿er variety of mid-week oppOrtun￿e$. AddrtKJnally. we have implemented second prep sessKJns for all boarders, desvjned to prowde greater xademie support and enhance ￿arning outcome$ our pupils. The Boarding Commitiee has been part￿ulartY aclNe this year. wrth continued encour4emenl for boorders to participate in House Council and School Council meetings. Once again, we have &hieved representation from all year groups in Ihe Boarding sub-ccfflmrttee meetings. To further foster a sense of belonging, house-hosted events were organi8ed and invitations extended to parents to join us for various evening activities through¢xrt the year. This refthted our strong commitment lo fully involving families and m*ing them w integral part of our commLbnty. Page 17 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 Our commitment to providing the best p)SSib￿ boarding eXpe￿nCe is also rel&ted in change8 to key personnel. Lasl year we wethmed housemistresses both with Valuab￿ exFerience from other HMC $Ch￿ls, to take charge of Dorter Crossways Houses. All ol our Housernasters and Housemistresses continue to be supported by ded￿ted Deput￿5, ResKlenl Tutors, House Managers. Matrons and Night Matrons who provid8 round4h&ehxk Ca￿ for our boarders throughout lemi 'me. These ongoing devebpmenls sh¢Mrase our commrtment to conttnual improvement and our dedication lo cultivating a 5upporhve and inclusive tK)arding environment thai fosters a sense of belonging for everyone at th8 Schod. Co¢urrScular At Bede'5 11 is our goal to ensure that we devekp g¢￿d peop￿ through the gr￿￿h and education of the whole individual. 111$ Ouf strong belief that courage. curiosty and ccfflpa88ion are revealed through co- curricular activities. These values enable pupils lo develop their strenglhs, qualities and sew-confidence in order to help them lo flourish and pupils eontinue to enjoy a diverse and erKJaging array of over 100 clubs and aclivitses across afterr￿n acts.vty sessions. evening enrichment and the weekend and boarding programrne. TNps 8nd Vis The￿ were a rarwJe of wsbts induding Ictal regukr UK based trips to Brvjhton, Ashford and Covent Garden as well as a Chinese Trip lo the Briti8h Museum. the Women's FA Cup Final and rugby at Twickenham as wdl as a special Ce￿bratOry trip to Thorpe Park for the Upper Fffth. The specialist subject4>ased trips were numerous and included k¢al vists to places as dNerse as the Sussex Planetarium for Phys￿, the Rathfinny Estate for Business Studies and Porfest for CerdTni¢s at Glyndebourne. Additionally, there were trips further afdd Organ￿ed by the SHAPE facU￿Y lo the Churchill War Rfx)ms, Slapton Ley in Devon and the Houses of Parliament. In total there were over 5CK) trips and visits during the course of the year. Bede's teams also perfomed extremely V￿71 at the UK Space Design final at Imperial College and perfomied SuPe￿IY in the Galact￿ Challenge hosted at the Senior School. Bede's pupils also participated in Warhammef in N¢Xtingham and the successfvl launth of Model Unilod Nations saw pupils attend Several ￿nferenCeS wlh great success at Hurstpoint Colkge, the Royal Hospital School and FeLsled School. There Y￿re 58veral Duke of Edinburgh trips during the year including 8xcursions lo the Ashdown Fciesl, Midhursl, the Peak Distn"ct and the Lake Dtstrict. We believe strongly that such trips nci only prwde opportun[t￿$ lo enrich learning oulsKle the as5fLX)m but also increase confidence and colkborattin between pupils as well as enabling thom to explore other phys￿al and creative IrfeSty￿S. There were over twenty residential visits which involved over fwe hundred participants. P￿asinglY thk8 year saw the return of even more overseas trips wth over 180 pupils taking part, induding a History and Politics Trip to Washington. a STEM trip lo the Texas sp￿ Centre, a rhino eonservalK)n trip to SoLrth Africa as well a$ ￿ Ski trips to the Alps. This was on lop of sporbng trips which included the GirLs 1st Xl Hockey visrting the Nelherfands and a La L￿8 tour to Spain for the footballers. The Schc4)l is the onty c￿e in the county to partner wf(h La Liga in this way and also ran a La Liga cwnp for Spanish playEf5 at Bede's who came and stayed in the Easter Holidays. In Orama the popular Weekends at the West End sign up trips again saw over 1c￿ pupils engage vath eKJhl Saturday productions that ranged from the pcyular'minority Report. lo the ethical examination of 'The Effect,. These trip5 extend the enrithmenl of our cuttural offer at Bede'$ and give our boarding pupils in Part￿Ular a hvjhly worth%thile ￿Eekend xtmiy. Page 18 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 A level Drama and Engli8h pupils perfomied OurTexherfs a Trol atthe Edinburgh Fringe Festival. The group performed five shows off the Royal MI￿ aThJ undertook marketing, pr(xnolional showcasing, working within a professional venue whilst also watching 15 productions throughout the week. ThLS trip provides our pupils wth a p￿thOra of opportunities and experienc8$ that is fed directty baek into their work as they enter the Upper Sixth, as wdl as infuse in pupib a lrfelong passion for the arts. Evgnts During the Sumfner Tem, ti was wonderful to inNite tyjr ￿verS and their pa￿nIS to j(yn us once again forthe Summer 8all. We also invited all our new families in for a series of èvening and weekend events lo help Support the transitM)n of new pupils joining the sen￿ School. Finalty, we were pbased lo ckjse the year by inviting the whole School community to Speech Day and Prize GivirvJ in order lo ref*1 on the myriwj of achievements dufflg the y￿r and say fareNdl to our leavers. Perforn￿ng Arts We fintsh&J the year bel￿ shortlssted for the TES CreatNe Arts Avrdrd for our wide-ranging opportunities offered to pupils across the Schcol. Across the year the￿ were a variety of perforniances showcasiThJ our hMJhly regarded perfoming arts offer. whith are ouuined bekhv. Mus Our musicians began the year in eamest by preparing for Bede's Fesl, an outdoor music festival and welcome event for all parents in the park. Shortly after Ihis. Ihe Schc*)I ccvnmunty began prgparing for House Music and the b*nnhql Gala cOr￿ert, hekl in the Reatsl Ro(%n in December. Bede's musicians enjoyed the opportunty lo ￿lLabOrate wrth dancets and dramatists at the biennial musical production at the Devonshire Park Theatre in Eastbourne, which was Abe Burrows and Joe Swerling's Guys & Dolls. This was. yel again, a resounding su¢ces5 and Sho￿ Bede'$ strengths in f(s representation of the PerfomiingArts. Ourcabaret concerts. musical ProdU￿10n$. thealre performances and Legal da￿e sh¢)ws further enhances the reputalKJn of the School in the WKler cunmunty and shows that Bede's is bexon for the Perf(Jming Arts in the South East. The year eonsisled of infomalNe and inspirational workshops and masterclasses wrth an Alexander TechnHJue Ma5terclass with Catherine Fleming in February 2024, who came al￿ gave her expertise in thi% important art of movement. At the end of the Spring lem). the Bede'$ Singers had anothor opportunty to sing choral evensong with the ehoir ofthe Okl Roy81 Naval Col*e Chapel, London. and Ihe musicdepartmenl was busy preparing for an ensembles. cOr￿ert. and a pupil rocklpop gig. giving perfomiance opportunities to all members of the community. The Summer term brought lots of musie and rehearsal workshops with some of our talented visitsng MUSK team. The Dir￿10[ of MUSK, visried St Ronan's School in a choral workshop and masterclass, and Bede's Prep SchL¥J came to a moming s choral workshop al the Senior &h¢Jol. We held the Bede's Young Mus￿￿￿n of the Year cc¥npetition recently. which enjoyed a healthy pupil sign- up, the prize for thich was tickets to 8 concert or gvJ of choice. We held a Leavers. Recital and music lor a summer evening and had a Whts￿ host of MUS￿￿9n$ across the community at Speech Day. Legat Dance The Legat dancers have not only produced incredible live performanw Ihroughoul th8 year bul the pupils have also ach￿Ved top resutts in the1racadem￿ studies including 100% Distinctvjn. forthe BTEC Perfoming Arts exams Lavel 3 pupils. In the Autumn tem the daneers perfomed ￿ original dance prcAlucbon of The Wrlard of Oz in The Miles Studio to tsvo sold out audiences. Thts VAS a huge suceess. with haif of the Pr￿eedS being donated to the Bede's Found*'on. Page 19 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 The Spring tem saw the return of our L￿at Solo Awards brilh'antty judged by our guest professional Pippa Duke, as well as being Se￿¢ted once more lo perfomi at Move ft, the World's biggest dance event held at The Excel. 33,000 people attended over three days and for the first lime Legat exhibited at the event enabling us lo promote the Schwl and the opportunityes available to prospective pupils. In the Summer tem, Leg* pr￿luced another hug8 end ol year showcase entitled 'LeYs Go To The M¢)vie$' at The Congress Theatre in Eastboume. 80 pupils t(￿k part from across the Trust. Throughout the year the ¢¢xnpany ￿ treated to V•))thskws with seasoned professionals including Damien Delaney, Jaye Elster, Christina Gibbs as well as a trip to spend the day al Ilalia Conti. The Viee Principal Wds so impressed with the talent on offer that they avrdrded one of pupils a scholarship lo attend their Summer Schts)l. Theatre trips in¢luded seeing Matthew Boume's Eoknrd Scissorhands Y￿h one of our esteemed alumnl Holly Saw performing the lewj rok as well as a trip to See Everybody's Talking About Jamie al The cong￿$8 Theatre in Easlboume. Many of our ￿Ver$ successfully audrth)ned further dance colleges including pkqcements al TI￿rty Laban, London stud￿ Centre. Perfo￿￿e￿ College and ltslia Cwti. Drama This year the Drama Department has c(rtinued to strenglhen Is links vth the Prep School through the fortnighlly Drama Maslerctasses which have provided a sense of conlinuty for the pupils. We also inmled the Prep School to our'Guys and DdLs" production as well as the Year g devised P￿Ce, 'Lost Property. th* was also attended by pa￿ Mead Primary Sehcd. 'Guys and Dots. vas a wonderfully ambit￿Y$ PTc¥JuctK)n at the Devonshire Park Theatre that Saw 61 pupils involved in all aspects of the perfomiance and design and our professional revw was wonderfully posilNe. The show was well attended and our oFening matsnee was enjoyed by foul prep and primary schttjls and this is something we intend to buikl on. The Junior Play this year was'sohjiee - an adaptatvjn fr￿ our Head 0fAcadern￿ Drama, of Anthony Minghella's "SOld￿r and Death. originalty created as a fantasy puppet piece. This production was Staged in a thrust configuratK>n and 35 pupils enjoyed onstage perf0m1￿9 and creatsng imaginative staging and props. Th8alre visits inclLKled metamorp1￿$1$ at thè Connaught Theatre, Worthing and The Young Vtc lo see 'F k Miss So￿On. and 'Ma¢hinal' al the Okl Vic a$ well as "A From the Bridge. and "Life of Pi. at Chichester FestNal Theatre, 'Nye" at lh& National a￿l'Blueb*ard" * Battersea Arts Cenlre. We tsught the first year of our BTEC Pr¢yJuct*)n Arts Course and our pupils were involved in a plethora of productions as lighting designers and operators to events man￿er$., of parttcular note was the assisting wrth our annual Perf¢)ming Arts Celebrath)n Event that saw 100 pupils cc¥ne together from Mus￿, dance and drama to celebrate a very ￿$Y year. Our London Acadwmy of Music and Dramabc Art ILAMDA) resuts have bgen superb with the majority of our pupils gaining distinct￿n$. We've also expanded the rarvJo of courses on offer and we now offgr devised drama as well as xting, verse and speech. Shakespear6. muS￿al Ihealre and public speaking. Once again we have had one pupil sit the PCertLam that is equivalent lo an AS level in terms of UCAS poinls. Page 20 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 Sport 8ede's School hosted the Schools. Tennis Champy)nships. v1h￿h invoN*d ovw 600 pupils fr(￿ 15 Schools over ten days, providing a ¢￿Pelrti¥e platform and fostefing a k)ve for tennis among young pupi5$. The Senior Sehool also hosted Suss&x SchooL% U12-U18 fcthall trk8ls free of charge. provKling opportunities for young ath￿te$ to sh¢y4•rase theirtslents. Bede's staff, leveraging theirsports eoaching qualifications, supported local junior clubs such as Lewes Fc4)tball Club. enhancing the communitys SF¥Yting skills. Throughout the year. Bede's hosted numerous masterclasses and toumaments, including masterclasses in a range of sports for East Hoathly and St Mary Virgin Sch￿1$ involving 125 pupils. a masterclass for Brighton and Hove U12 elile female fcolballers, crthet masterclasses for Skippers Hill Prep Schools, a ta￿nt ID Day for Iccal foolb8llers, which included representative5 of naional and regional teams, an event for the local primary sch¢)ol Park Mead Primary School and hosting the Lady Tavefners Crickel Toumamenl which Bedg's aLso won. Bede's sports teams enjoyed considerab￿ team success. The U18 Lws tennks team perfcffted well in the national finals and achieved remarkable success. wnning every county thampignship aeross age groups from 14 to 18. The Girts U17 cr￿ket sKle also made it to the national finals and the boys U14 and U12 cricket teams both reachgj the county cup finals. Th8re w8r8 a150 some fArtstaTrJing individual performances with NaiJanni Cumberbalch representing Barbados U19, Lola Brown plawng for England U17. Sadie Gregroy and Issy Ranger both competing forthe ISFA U14 team, Charkitte Watkins compeling for East Grinslead 1st Xl in hockey. Jae Vosloo also won Ihe'men's Disabilty Bowlef of the Yearf at 15 years old. PREP SCHOOL Autumn Term English The English department has ￿ntinUed to offer all pupils with a wide range of exciting and forward thinking learning opportunrtie5. This has been evKlenl already thrs term with English featuring as the first module of AEP, English le5$0ns helping facilitate the ISEB Project Qualth￿l￿)n liPQI and the School's participation in both Roakl Dahl day and Bcok Week. Furthemore. the Head of Department at the Senior School vorted lo hdp celebrate our pupi15' during c￿r weekly a$s￿bly. CompuliThJ Computing lessons and extra4urricuLqr offerings have continwl lo embrace Al. as well a5 expk>re the posstbilities for our pupiL8. As part of this, a staff working group was wled and is in Ihg process of creating an Al pupil counal. The aim of this is to ttelp galhef pupil ¥0￿ and also lo gauge current levels of kn1￿￿edge and understsnding. Online saf* eontinued to be a Who￿ School theme and 15 supwied a the eomputing and PSHE uJrrKulums. Humanities Learning outsh48 ofthe classrwm has been wd8nt in G￿raphY kssons. Year 7 ￿SIted the different courses of the River Cuckmere and Year 6 investigated air qualty at different srtes around Eastboume. Yeai S have the Earth Experience and the physical geography seCt￿n of the Natural History Museum. Page21 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 Languajes Foll¢Jwing French and Spanish trips, a Pen PaL8 prciecl was introduced and Year 7 have wsited the Senior Sehcol to participate in the Open Mtc event. PSHE PSHE remains a key element of the holist￿ eduealion provided al the Prep Schc>)l. wilh the Voles ft)r Sch(x)Is element of the programme supporting the Spirrtual, Moral. SoGial and Cuttural development of 11 pupil$. in &adition to a continuoLts dial(yJue al￿1 British Values by dl puwis. Mus At the start of the year there was Strong rePreSentat￿n by the Prep Sehts)I communty at'Bede's Fest.. which was hosted by the Sen￿r Schcd. Years 3 - 8 all competed in the annual and highly competrtive interseLtion MUSK e￿nt. Bede's pupils perforned in Assouated Board of the Royal Schools of Music {ABRSMI exams with an overall average score of 123 (MERIT) of a possibte 150. This is eompared with the national average of 116 (PASSI. Furthermore. 3Th pupils passed, 3N passed wth Merit and 330A passed wth Distinction. Pre-Prep Thefour schcol values. Courage, CompassK)n, Curiosty and Consc*nliousness have evolved into four child friendly animals. wh￿h are c￿artY present in all elements of the SchcA)I day and U￿lmatelY allowing all pupils lo feel immersed in the Bede's ￿rnIng journey. This academie year has also seen the Imp￿mental￿n of the'Holywell Herald. wh￿h helps keep Ihe parents abreast of day lo day life and any upcoming events. A parent group has been fomied to gather input and feedback and Pre￿rep pupils are nowabie lo sign up to extra-curricuLaracbvrties. which allw them to hone new skdls and interests. We were delighted to announce the q)ening of our Leaming LL>dge. Our v¢sion was lo c￿ale dedicated EYFS space thal promoles a language and perfomianek ri¢h environmentwhere our ¢hildren become cur￿uS learners. Launch of Academic Enrichment Pr￿ramrne (AEPI Soptember saw the launch of the innovative Academ￿ Enrichmenl Prcfvjramme IAEPI which runs from Year 7 at the Prep School to Year 9 al the SenKJr School. During the year, pupils vill participate in ures and debate5, fo¢us¥ed lessons (for example Lth"n). as well as contributs to 8￿]0.5 SHAPE magazine. Any pupils not parU¢ipatsr¥J in AEP will ￿ntsnue to parb¢ipate in Ihe wpular and excQing Crealwe Carousel 8CtMt￿. Eco Schools Award The Prep School remains CoMm￿e￿ to the Tfust wde sustsinability inrtiatNes and as part ofthis. pupils have recently celebrated being awarded the Eco SChc￿s Award. with distinctK)n. for a second year running. The PrC￿$S ofgaining thi8 award has again demonstrated outstanding ci(Eenshp and genuine drive by the puwls to make realistic but dynamK change. Page 22 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 Sprlng Tern EnglBh Year 8 pupils enjoyed a tnp lo LorKlon vthere they visrted The Glckne Theatre. Whilstthere, they had the opportunity lo take part in dramat￿ a￿1 kam more about Shakespeare. The Prep School enjoyed an¢)ther brillrant l)o)k week. Recepth)n to Year 4 met author Valerie 8100m, Years S and 6 mel author Lindsay Gath'n and Years 7 and 8 met author Matt Diekins¢n. Furthemore. the whole Sehool l¢Jok part in Roald Dahl Oay and this was supported by each class 'dropping everything. and reading a chapter frcm their faM)urile bcok for the last S minutes of their lesson. Words of the week are now rim1￿ embedded across suty.ects in the older year and Ihts focus and inrtl8tive hopes lo help support the pupils, vcyabulary. Maths As part of the Academic Enr￿hmenI Programme IAEPI. Year 7 pupils planned and pitched theirconcept for a new theme park lo a panel of judges which comprised members of the Sen￿r Le￿ership Team ISLTI and Heads of Fxulty. The prc4ect required pupils to cakulate running costs. create a map and think about how it could eam a profrt. s￿enCe Year 5 pupib w$iled the Senior Sch¢yJI zoo vthere they leamt about animal management, as well as learning about the different specie5. 'Daisy First Aid, visited the Prep School and taught Y&ar 6 pupils basic first aid, as well as leaching them about dffterent parts of the anatomy. Ge¢yJraphy As part of the Year7 research project, the year group wsfted and wllected infomatK)n from the drfferent eourses of the River CUCkme￿. Year 6 embarked on an air quaif(y survey fr(￿ different siles around Eastbourne. Thi8 experiment was followed up by a wsf( fr￿ Ania W(KMYg*e from Sustrans - the Sustainable transport charity and campaKJn group. He gave a talk to the pupils about air pollution, some of ils causes relating to our transport choices and how we can choose to travel more sustainably. Languages Year 5 pupiL8 have been communicats'rwJ wrth Ihwr pen pals in erther France or Spain. Year 7 pupils attended the open knguages event at the Senior Schcol and then also participated in a class lasler event. Some Year 8 pupils wsited the British Museum as part of the Senior Schcd's Languages trip. Computing In &JditDn to supporting computer Ir(eracy onkn"￿ safety eduCat￿n. cC￿pUt1ng has recently seen the introduct￿n of educatKJn around Al arKI also an e￿rtIng ¢￿petIt#￿ th* xtivfjly encourages gids to participate in STEM in national ￿mPet￿on$. Creatwe and Perf¢)ming Arts There was plenty ¢)n offer for MUS￿1￿$, dancers and xtors during the Spring temi. Opportunili8S ranged from performing on Eastboume Youth Rad￿. ChOr￿raph1n9 and perfornirvJ dances in the Page 23 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 dance competition and perfomiing in ertherthe guitar or piano conewts. Our sect￿ MLtsi¢ competit￿ft 4 another successful year with pupils in Years 3-8 partKipaling. Sport PE It was another busy le￿n on the Sport front with pupils across the Prep School participating in regular training and inler-sch¢Jol matches. In addition to 'sport for all, SesS￿nS on Wednesday. boy3 football and gids, football teams took part in regi￿al and nthial c(mpthv)ns. 8eath Schts)l & Forest School Younger pupils across both the Prep S¢hwl and PTrPrep have been enjoying Beaeh Selb)ol, as V+ell as Forest School. Children have also visrted FTi¥ton Forest to deveko their Forest Sehool skills further. Summer T•mi Thi$ term all of the pupils at the Prep School have enjoyed the usual array of rich learning opportunities. In addition, pupils have embraced a plethora of expenences beyond the classroom. Below are a few hwhlights from acfOSS %xne ofthe Subl￿ts.. English Wo have been delighted lo develop our Cn)ssJs. They used their blogs to share work wth each other and practised gimng constructive and eflectNe comments through an online digital interface. E-safely conlinues to be an important top￿ with pupi15 scoring an average of 96% in the Safer Internet Day natN)nal quiz. Our STEM Week aclNities alkA¥ed puwls to de￿loP Iheir C￿Puting skills further. with a fctus on advanced cojing. Modern Foreign Langu4e$ The Prep Schod celebrated the annual Languages Week by hosting a Spelling Bee compelrtion in Spanish. French, and English. A&Jil￿nallY, the Lqnguage teachers organised bilingual football workshops for pupils in Years 6 to 8. along with special lessons. a Duolingo challenge. Arab￿ writing in their art lessons. a bilingual café for Yeaf 5 pupils. and a specKql menu IhroughoLrt lh8 week amongst other activities. In Apnl Year 7 French pupils travelled lo Nomandy fc￿ an immerswe trip. Page 25 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 Academic Enriehment Progranme This tenn the chiklren have been studying ArtIr￿Tal Intelligence (Al) in depth. In ortjer to enhance their understanding, they have been undertaking the Raspterry Pi Foundation's 'Experience Al Challenge.. VKJrking in teams to design and train a machine ieamirKJ model that can ClaS￿fy data such as audio. text and images. Fcygst Sehcol Chiiaren fr￿ Re￿pIlan to Year 5 have enjoyed regular vk8its to Frislon Forest ￿arnIng outdoor skills such as fire lighting and woodthsed crafting as well as le￿ing about the forest habitat and wildlrfe. Eco inrtialNes Sussex Green Living wsited us lo undertake ambrtKJus environmenlal theme(I workshops %wth our pupils. Our Year S arKI 65 discovered the true cost of fast fashh)n and our younger pupils in Pre-Prep and Years 3 and 4 got'hands on. 7Mth buikjing their own recycled baskets and planting some seeds for their windowsilL8. Whilst in previous years we have undertaken short 81aek Outs lo raise awareness about our energy consumption, during this yearfs E¢x) Week we exlended r( to last an entire day. A very popular recycled m(Ael competrt#)n ran for the dUrat￿n of the week and pupi15 were extrgmely innovative wrth their Kjeas. creaing life sized people. stunning lions, Intr￿te race cars and thoughtfully constructed 'E¢o homes.. SUMMER SCHOOL Bede's, which is the largest boarding Sehool-owned Summer School in the UK. offers a wKle range of residential and day English language programmes across six reputable boarding sehod and university locations in Sussex and Surrey. In 2024. r¢ enrolled in excess of 1,650 pupils be￿een the a995 of 6 and 20 years of age, as well as SU￿essIUl1Y ¢)perating the Bede's Hc4Klay Club at the Prep School for pupits aged 5-12. For the first lime the Summer Schwl operated an Easter Camp wh￿h attracted over 15 nalionalits8$. The Summer School wekomed pupils from 55 countries_ The top source market5 across 811 locations were.. France, Italy, China. Spain, Germany. Japan. Turtey, Argentina and 51gnifunt new business in Vietnam, Moldova and Slovenia. There were free p￿CeS for Ukfainian pupils in the l¢xal eommunily ich were provided for k)cal refugees to aKI their assimi￿t￿n in UK SC￿lety. as well as some plaos for underprivileged French pupils organised in conjunction wlh our biggest partner. Pupil numbers were positive with over 1.650 enrolled pupli S participating in over 3,500 pupil 'weeks', delivered across Six Srtes. 8ede'$ Senior School. with nearly 1000 weeks. was our largest centre in 2024. With pupils taking part in our English Plus course as well as LaLiga Football Campg UK, Pro Dance and our new Zookngy and Animal Management courses also prowding a great festival of opportunity. Lancing and Royal Russell, our other senior schctr)I s((es. ddivered around 700 weeks. followed by Windlesham. Eastboume. including day and pa￿nt pkcesl, and BrHJhlgn wh￿h are all around 300 weeks. Thefe was excellent growth delivered by the HolKlay Club al the Prep Sch¢Jol. This is ncw oFeralional al Easter, May and Oclober sChC￿l holKlays. EXTERNAL LErnNGS, CAMPS AND CLUBS The Trust'$ external leth'ngs, eamps and clubs have had another busy year of gr¢Mh. The majority of exlem81 lets currentty srt wrthin the SefiKir Sch￿1 sports department. Oursports facilities are hired year- nd by bcal cricket. h(Kkey. tennis, football and netball clubs. Three I¢￿al primary schools hire the Senior Sehts)I pool and our instruciors for swimming le550ns, as well as Hailsham Swim School hiring the pcol year-round for training and gaas. Page 26 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 In a¢Jdrtion to the regular weekty lets, the sports facilrties have been hired for ￿nUal and large-sca events, i￿luding a weekend youth loumamenl for a ￿1 football elub and hosting the British Trkqthlon South East Youth Academy trials, wrth Organ¢saI￿nS ieboJking for 2025. Hiring out the sehool Ihealres is a new area being explored for 2024125 and negotiations have begun with a nat￿nal theatre sehed to use the facilities for week-k)ng tjay camps during the Easter and Summer hc4idays. Bede's Swm School. set up by the Trust in 2021. prowdes after ￿hCO1 swmming lessons for k)cal children. It has been highly successfvl, raising over £120k income lor the Tntsl. reaching full Capacity and currently has a waiting list. We are in the process of expanding the Swim Sch¢)ol team to ¢)ffer more sessions * the SenKJr School and begin lessons al the P￿p School. to maximise the inccxme potential of both pools ané support the I￿91 cc¥nmunty in accessing swmming knons. 8ede's Holiday Club provides day Ca￿ outside of term time and is held al the Prep S¢h¢Jol for ¢hildren aged 5- 12 year5. The Holiday Club is attend￿ by pupils currently * Bede's Prep and children of TrLtsl staff, wth the majofily of children coming from ¢ther kneal sch￿1$. It has gone from strength lo strength, reaching full capacity during the SLKnmer holidays in 2024. As well as bringing increased revenue to th8 Trusl, external lettings. clubs and camps foster p)sitive relationships wrth the loeal community. strengthen partnerships and increase the exposure and reach of the s¢ho)l. Looking ahead, more use ol the facilrties at the Prep School. particulady the pool. theatres and residential camps at the Senior SchcoS wll be largeled, as well as supwting the existing year round lettings. STRATEGIC IT INFRASTRUCTURE AND MANAGEMENT OVERWEW There remains a fotsjs on stralegully oplimising IT infrastructure to achieve greater seeurily and resilience. This strategy recognises the g￿ater use and reliance on technow day to day and aligns lo the transition towards a more dvJilal based public examination offering This has b*n undertaken a￿￿$￿Ie the remordl of legacy harthware and sofNMre. improved equipping of teaching and leaming and a careful consKleration of value for money. As part ongoing efforts lo opb'mise IT infrastructure. a comprehensive rewew of Mobi￿ phone usage Was undertaken across the Trust's estate, idenlrfwng urKlerused assets arKI alpjning device deployTnenl with actual needs. Additionally. outdated de¥￿e$, whith were no longer supported by manufacturers. were replaeed ensuring better securrty, support. and perfomiance moving forward. A full WIFI survey was conducted across the sentor sch￿1 campus. idenlfying areas with weak signal coverage and misaligned Access Points {APs). Followng thi8, a detailed plan was implemented to reposition APS and insldl new ￿bling vthere necessary. partscularfy in large shared areas and has ehded signrficanlly improved WiFi speeds and stabilty. LWop$ were procured dumg year to support critul In￿dent management. These devices are designed to be deployed in ernergene￿, ensuring rapid to up-to-dale contact details and communicalK•n l¢xsls. The laptop5 are p¢)￿red on daity lo sync eontact dats from the ISAMS system, and we are working wrth key staff lo autc¥n*e the data Iransfer prttess, ens¥Jring that they are a￿ayS prepared for any evenlualrty. Addrtional dedtated exam laptops were purchased to acctxnmodale the growing demand. This required expanding the ￿bling infrastructure in the Murti-Purpose Hall IMPHI to ensure all dewces ¢￿Id be hardwired into the ne￿0￿. guaranteeing a stable and Secu￿ connection exam conditions. Page 27 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 Additi¢)nal printers were also purchased to streamline th8 exam day pr¢xess, reduung waf( times for pupils needing prinlouls. The rek¢al￿an of HR, Finance, and Eslates dgpartmenls to the Old Cknrms building n￿￿$S11atfjd $￿nrfleSnt upgrades lo the kxal netwoth infrastructure. This inclLKled relocating and upgrading netsvork cabinets. adding new CAT6 cabling. and repO$rt￿)nlng photocopiers lo alvJn with the new office layout. The re[O￿tIon also prOV￿ed an opportLbnity to repurpose existing ne￿Ork switching equipment from the okl office spaces. maxThvzing the use of resources Whi￿ enhancing ￿￿necti¥ty for the rethated departments. To sI￿amIlne staff operations and reduce the need for murtiple devi￿. dccking ststions hav8 been purchased and depbyed in dassrcoms and offices. By cenlraltsing staff workstslions into a single device setup. this inrtiative minimkses equipment need¥, allowng the Trust to realbcale savings to upgrade other essential assets, such as touchscreen dev￿5 in ¢L4ssrc*Jns. Tht5 move also enhances staff mobility. enabling them to Seam￿sSIY transitDn bets¥een dassrcwn and offKe settings wth a single device. A new $of￿¥are solution for managing the Trust's transport has been implemented. This system provides real-time tracking for minibuses, all)wing parents to monitor their thild's transport in real time and adjust bookings as necessary. The software also suppcvts driver's I￿nSe verification and regular vehiGle maintenance checks. The Estates team transitioned to Mainteno soffvlare in 2024, repL8cirrfJ the pmhjus Planet system. This new platform, set lo go live in November 2024, offers a more inlurtive user interface for both the Estates team and end-users who ￿port issues on Ihe sile. The m￿ration wll $tr8amline operations and improve overall effnency in managing the Schcol's estste as well as removing a legxy server. To enhance library services across both the Prep and Senior Schtx)Is, the Trust migrated from the outdated Olwer software lo Access IT. The system offers a more modem user experience and provides greater flexibility for librarians al both sites to supp￿1 e&h other in managing library operations. The Trust suctsssfully migrated the Sarto dcor Ic¢king software frw an unsupported Windows 2012 server to the more secure and stable Windows SeNer 2022. This upgraée cenlralises the mana9emenl of door access and enhances the security and reliabilty of the system. To support the growing needs (rf various departments. an ongoing targeted hardware inveslmenl program has continued. This has induded hardware in the Marketing department to support the creation and rendering of mulimedra content, part￿ularlY vtdeo Production for communicatKJn wrth pa￿nIS pupils. Ageing moni(ors Xross classrooms and offices have been replaced. improving staff and pupil productivrty w(th upgraded, more reliab￿ displays. Alongside Ihks, old smartboards and projectors have been replaced with VNitek Touchscreens. Bede's remains commiita to optimisirg IT and infrastructure to support the ev0￿n9 needs of staff, pupils, and the broader Sch¢)ol community. ThL¥ will be ach*ved through.. 1. Continued Investment in Techn¢Jogy' Careful e￿4lUatiOn wll alh)w inforned decisions to replace and upgrade devices, sthare. and infraslrLKture. 2. Enhanced Connectivity and Security." Ongoing improvements to WiFi neiwork. data security protc￿0Ls. and crilul systems TrM15 ensure that the Trust remains al the forefront of edUcat￿n01 technology. PaBe 28 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 3. Sustsinability and Effic￿ne￿. By cptimising ourtechndcgy usage. we aim to reduce costs while ensuring that our technology ecosystem is sustainab￿, ￿ure. and capable of meeting future challenges. This r￿prehensiVe approach lo IT management ensures that 8ede's sch1￿ Trust can c¢nlinue to deliver huhqualty educational experiences Whi￿ maintaining operatb)nal excellence across all areas. ESTATES The Estates strategy flxusses on sustainabilty mainlairbing. enhancitlg and developing the infrastructure needed to facilitate the delivery of a joyful educat￿￿. Work required lo address compliance and hearth and safety concems is alvrdys prioritised. All wDrk$ and improvements lo the School are referenced through decathntsation and corKlition survey reports. The team have Manag￿ various works this year irKluding th8 rgfvrbishment of the Old Domis Building into office space for The Peop￿ Team, Summer SchLx)I, Estates. Finan￿ and the Bursary. This has in tum created addrtional spaee for redevelopment around the campus including a new teaching Spa￿ for the EAL Department. A total refutbishmenl of the Nursery in Downs HoLBe at the Prgp School has tsken place. along with refurbishment wvrks to the pupil bathrooms in Holywell and fts￿ng repL4cement through the whole of the ground floor. The Coach House roof has been replaced and a ccArplele external redecoration to the Science Block was undertaken. Works continue on the refurbishment of Meads End Boarding House at the Prep Schwl. This has been slowgr than hoped due to unforeseen circumstances. Thi$ in tum resulted in the need lor full refurbishment of Fairfields allowng it lo be used as a Boarding House for the Prep School until Meads End is completed. This was exeeuted to a hb3h standard in a very tight twnescak. The road croS￿ng scheme, v*hich vras the instsllatDn of 2 nffi¥ rourKlabouts to alh)w safer road cr088ing for the Bede's community, has been completed and seems lo $h¢)w signifunl reduction in the speed of vehicles moving past the Sch¢)ol. Works continue to progress on the new pupil pathway lo the rear of Old Dorms wh￿h will further assist in ensuring safer pupil. slaff and Msilor access frc¥n one side of the sile to the other. 8oundary security is continuing to be addressed acros5 t*)th $ites This is a rolling programme vthich will see addrtional fencing being erected at the Senior Schwl. As part of the Trust's eommrtrnent lo reduung energy consumption, *lditional check meters have been installed and new sOf￿are allows energy eonsumplion to be moni(ored across the Trust. All of the lighting in the Sports Hall has been changed to LED lighting. which wll create significant savings moving fonyard. The btomass distr￿1 heatsng scheme has been expanded. allowing further reduction in the use of healiry oil. A number of new Farylrt￿5 Management Systems were tested to explore a new platforyn supporting all reactive and planned preventatNe maintenance {PPM} across the Trust momng forward The sewed system Imainlenol will provide a better ￿lmunICa19n stream with Eslale5 and the rest of the Trust in reFn LGP Fuel Oil Gas Oil Owned transport- minibuses Total Sco 153.94 294 13 151.78 4.13 240.33 844.31 1S6.13 265 14 229.18 19.99 225.51 895.95 Scope 2 emissions in metric lonr)es C02e PurGhased eleclricil 438.95 Scope 3 emissions in metric lonnes C02e Business travel in em ee owned vehicles 13.31 8.63 Total Gross omissions in metric ¢onnes CO* 1.292.10 1,343.53 Int•nslty ratio tonnes CO2e per pupll (10131 1.28 In addrtion the School has a BKJmass plant heal gener*KJn wh￿h amounts 10 2,030.780 kwh or 22.99 tC02e which we wish to include on a voluntary basis to provKle a coMp￿te piclure of energy use d emissions, hence the inclusion of fossil fuel sources other than gas within Scope 1. The chosen intensity measurement rat￿ is total grctss emissL￿3 in metric tonnes C02e per pupil (excluding Biomass). The melric of tC02e per pupil has risen lo 1.28. Although the total tC02e has reduced. the School roll is ￿er which has caused the increase in the metric. Me8sures t8ken to improve eneoy efflciency. The work to reduce dependenee on fossil fuds eontinues. Biomass is the primary heating and hot water source for the New Dorms and Slud boarding blttks whth has enabled a marked reduction in the usg of fuel oil. Sub-melering at Ihe Senior SchLX)l is rn)w complete and th8 electricty ¢on$umplK)n for 31 specrfic areas and gas c¢)nsumption for 7 areas can be m0nrto￿d on a 30-minute basts on the Stsrk metering portal across both sites. 2 e*trieAty and 1 gas meter wll be added sh(wily. E*lri¢ily ¢￿traCt$ for the Sthty)I $b"puk￿• gmn energy sources. Page 33 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 An energyccmmitteewN now C￿s*jer1he implementation of Phase 3 ESOS samngs recommendal*)ns by compiling an Action PLqn. Further engagement of the Staff and pupds will be accelerated using the new su￿rnetenng and coordination wrth Ihe Eco Sthools inrtiatN8. SUBSIDIARY COMPANIES The Trust has tsvo active subsidianes. Dicker Enterprises Limited. which operates the School Transport Service, and external lettings, and Letchfield Ptcperties Limited, which prowdes design and build seNices. Both subsidiary companies have t)eed of Covenants in pkice. Each year, potential gift aid (bèing each company's tsxable profftsl to the Trust is accru&J in the Financial Stslemenls al each Balance Sheet dale. PRINCIPAL RISK AND UNCERTAINTIES The principal risks facing the Trusl are those that *vukl gen8ralty be expected wrthin the Independent School's Sector and include the folkywing: Adverse changes in the UK economy including high inflation, interest rate adjustments. exchange rate fluctuatb￿s or econom￿ recessKJn. Changes to an overseas econcmy, their overseas study regulatK)ns or sanctions against country from which the School recruits. Tax and other kgisktive changes, erther wrthin the UK generally or affecting the Independent Schools sector more specifically. especially VAT on School Fees. Cornpetilion from other education providers. Changes to imrnvjral￿n reguL4tions. Any sf(uation whKh woukl give rise to a sNJnrfi￿nI decline In pupil roll. Any si(ualion which woukj gNe rtse to an area of rvJn-compliance. Cybersecurity threats. Energy Costs Climate change Geeyolrtieal instabilty The Board of Govemors have sel oul their approach to rEk in a risk appetite statement. A Trust risk register is maintsined. The key risks and the controL% used by the Trust lo manage risk are overseen by the Risk Rewew Audit Commrtiee. This wirnrttee meets lernly lo fomally review current and emerging risks and audit the mil￿aling control m8asure$ on behalf of the Board of Govemors and include the f￿lOV￿ng.. Being aware of the UK ecOnCrfn￿ posrtion and that of overseas countr*s the Trust recruits Membefship of Independent SchLvJs ¢)rganisation5. ah)ng wrth inthouse expertise ensuring that ￿gIsLative changes affecting the Independent Educatson Se￿or are known and appropriate changeslactK)ns implemented on a timety basis. Tracking pupil recruitment and roll on a weekly basis wth appropriate dashboards slributed wlhin the Trust. ProvIs￿n of strong arnd rc4)ust competilor anal￿1$ lo inform marketing of thg Schoot. Comprehensive Strateg￿ planning, budgetiThJ and management xcounting is in place and cuts on a timety basis. Budgeting and fOr￿ast1￿j is undertaken whth indudes $￿ar￿* plannin9. Use of a risk management system to recryd nsks. as$ociatgd Controls. likelihoc¥J and 4npxt of the risk is in place A coMp￿hen$1¥e range of appropriale insurance pr￿J￿¢ts is maintained. Page 34 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 Safef recruitment prc¢edures, as required by law for the safeguarding of children. are in place and a Safeguarding CcfflplHnce Committee. attended by a Govemor wilh spe¢ific safeguarding responsibilty, monitors overall safeguarding compliance. Fomial 4endas and minutes are in pl&6 for am coMm￿ee arKI Board activity and all Committees have detaiw lernis of reference. Eslablished OTganisal•)nal Structu￿ and lines of reportin9 exist within the organisation wrth fomial wrrtten to1￿leS in pl&e are annually by the Board of Governors. A reguL3r cycle of external aLwJits and inspections by third parties 15 fdlowed. During the ctsjrse of the year. the Bo¥d vras sati5fth that the overall assessment of retain6Y risk to the Trust was 8IKJned lo the stated rtsk appetite PLANS FOR FUTURE PERIODS Mindful of the TrusV8 desire to realise educational arKI finanaal goals amid the realitiès of the mathet in which it operates as an independenl sch(K4, the GovemLYs have devewd the "Bede's Icwards 2025 SirategK Plan.. PLans for future peritxls are 3lvJned to this plan wh￿h outlines on fNe essential ambi(ions'.- A joyful. pUpil￿ntre￿ and innovalNe education Celebfale and strengthen communty Further prcvnole. appre￿ate and develop our empbyee community Be sctially and environmentslty responsible 8ede'$ for the future The Strategic Ambrtions fl¢x through lo theAnnual Operat￿nal Devel)pment Plans which details plans to achieve these targets, including- Enhancing leaching and leaming through pL3nned staff CPD prc4ramme5 and indiv￿ual pupil monfioring and support systems Recrurtmenl and retention of exce118nt stsff Marketing ini(k8lives Systematically implementing the conditw)n survey program of wcwk ongoing pL4nned preventative maintenance Innovative development of f￿1¢£IeS against a pknned capital budget Financial templates for each year whth reflocting the expenditure required lo a¢hEve these plans Ensuring sufficienl income is availabb to fund thw pro3rammes and reduce debt, whilst remaining as affordabte as possible Broadening access through funded bursaries Reducing the environmenlal impxt of all our activity AUDITORS Haysmac LLP were awoinled as audftors to the company in X¢orda￿e wf(h sedK*n 485 of the CoMpan￿S Act 2006. A ￿Olut￿ft prcwsing the aFpointment of the auditors 1$ made annually at a G8neial Meeting. Page 35 ST BEDE'S SCHOOL TRUST SUSSEX REPORT OF THE GOVERNORS YEAR ENDED 31 AUGUST 2024 STATEMENT OF GOVERNORS. RESPONSIBIUTIES The Governors {who are also director5 of Sl Bede's Schoot Trust Sussex for the purposes of company lawl arfj responsible for preparing the Governors. Report (including the Strategic rgportl and th9 financial slalemenls in a￿ordanCe wth applicable Law and Uniled Kingdom Accounting Standard$ (United Kingdcxm Generalty Accepted Accourrting Pract￿e1. Company law requires the Govemofs to prepare financial statements for each financial year wh￿h give a trve and fair wew of the slate of affairs of the charitable company and the group and of the incoming resources and application of resour￿$, including the ir￿9 and expenditur8, of the charitable company for that penod. In weparing these financial slatements, the Gwmors are required lo.. se￿￿ SUrtab￿ aeeounling polseies and then apply them eonsistenlly, observe the methcose$ of cornpany law) a￿ responsibk for the preparat￿n of the financk45 st*ements and for being satiSf￿d that they give a true and fair view. and for such inlefnal control as the trustees delemine necessary to enable the preparation of financial Statements th* ao free from malerrdl misslatemenL wthether due to fraud or erroT. In preparing the financial statements, the trustees are res￿Sible for assessing the group's and the parent charitable companls abilrty to continue as a going concern. disclosing. as applicable, maiters related to going concem and using Ihe goirKJ concern basis of accounting unless the trustees either intend to liquidate the group or the parerrt chantsbbe company or to cease operations, or have no realislK artemalive but to do so. Auditorfs responslbllltles for th• audTi of the Ilnanclal statements Our objectives a￿ to obtain reasonable assurance abo￿ whether the finanual statements as a whole are free from material misstalemenl. vthelher due to fraud or error, arKI 10 Issue an audilorfs report that includes our opinK*n. Reasonable assurance is a high level of assurance. bul is n¢X a guaranteè that an audit conducte(l in accorda￿￿ wrth ISAS IUKI wll 0￿WaYS detect a mater￿1 misslatemenl when il exk8ts. Misstatements can arise from fraud or error and are consthred material rf. indiwdually or in the aggregate, they COU￿ reasonably be expected lo influence the economic deciS￿n$ of users taken on the basis of these financkql slatemenls. Irregularities, including fraud, are instances of non4omplk8nce with laws and Tegulations. We design procedU￿S in line wth our responsibilrties, outlined above, to detect material misslalemenls in respe irregularit￿, including fraud. The extent lo wh￿h OUT pr￿edureS are capable of detecting irregularil*$. induding fraud is detaiw behjw. Based on our understanding of the group and the enwronment in which it operates. we identified that the principal risks of non•cc¥nplkqnce wAth laws and regulatDns reL4led to the independent schwl ulations, safeguarding reguktions, heatth and safety requirements, GDPR, employment law and charty and we considered the extent lo which non-ccynpliance mvJhl have a material effect on the financial 5talemenls. We also conshdered those laws and regulations that have a direct impact on the Page 38 ST BEDE'S SCHOOL TRUST SUSSEX INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 AUGUST 2024 preparation of the financial sLitemenls such as ￿ Charities Aa 2011 and C¢)mpanies Act 20(E and onsider elher factors such as payroll tax. We evaluated managemenl's incentives and opportLtnitie5 for fraudusent manipulation of the financial slalemenls (including the risk of overyth of controb). and determined that the principal risks were related lo the improper reCogn￿¢)n of revenue and management bias in ace4)unting estimates. Audr( procedures perlomed by the engagement team induded." Inspecting coirespondenee wth regulat￿ and lax authorities.. Discussions wth management including consK1eration of known of su$peded instances of non- compliance wlh laws and reguLalKJn and frnud," Evaluating managemenys controls desvJn8d to prevent and detect irregularrties., Perfomiing ana1￿1¢al procedures to identify any unusual or Unexp￿ted relationships that may indicate risk of material misst*emenl due lo fraud" Confirmation of related parties with managemenl and rewew of transaclions throughout the period to identify any previously undiscbsed tranSact￿n$ with related parties outside the nomial course of business., Identifying and testing joumals. in partu1arj¢￿rna1 entries posted at the year end- and Challenging assumptions 8ndludg￿ents made by management in their accounting eslimales. Because of the inherent limrtatK)ns of an audit. there a risk that v*a will nol detect all irregularities, including those ￿ading to a material misstatement in the financial S￿t￿entS or non-cc¥nplian¢e with regulation. This risk increases the mote that ¢(Thplianee with a law or wulation is removed from the events and transa￿lon5 reflected in the financial stalemenb. as we will be less likely lo become aware of instances of non-complk4nce. The risk is also greater regarding irregularities ¢xcurring due lo fraud rather than errof, as fraud inVo￿e5 intentional concealment. forgery. collusion, omission or misrepresenL*ion. A further description of our resF4)nsibilities for the audrt of the financial statements is located on the Financi81 Reporting Covncil's website al.. www frc.o uklaudi ibililies. This description forms part of our auditorfs report. Use of our report This ￿pOrt is made sokly lo the eharrtable company's members. as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 20C6. Our audrt lwrk has been undertaken so that we might state to the char(table eompanls members Ih¢)se matters Vle are required lo slate lo Ihern in an Audilols report and for no other purpose. To the fullest extent permitted by Lgw, we do not accept or assume responsibility lo anyone other than the charitable company and the eharitsble eompanYs members. as a body. our audrt work, for this report. or fc* the opinp)ns we have formed. Lee Stokes (Senior Statutory Auditor) For and on behalf of Haysmac LLP, Statuty Auditor 10 Queen Street Place London EC4R 1AG Date". I rkctykn Page 39 ST BEDE'S SCHOOL TRUST SUSSEX CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2024 Unrestrithd Restricted Funds Funds 2024 2024 £'ooo £'ooo Totsl Totsl 2024 2023 £'ooo INCOME FROM: Charitable Aclivili8s Grants, Donations and Legac Investment Income Other Inwme Non-ancillary trading income 36,788 36,788 35.323 193 347 18 56 591 15 39 591 15 39 Total Income 37.433 37.433 35,937 EXPENDITURE ON: Cost of Raising Fund5 Charitable Aclimties 1,257 1,257 35,380 1,272 31,307 123 Total ExperNliture 36.514 123 Net Income 919 (123} 3.358 Transfvr between Funds Net Movemenl In Funds 919 (123) 3,358 Fund Balance at 1•t September 2023 19 33.917 131 34,048 30.690 Fund Balance at 31Bt August 2024 19 34.836 34.844 34.048 Nel movement in fvnds for the year arise from the charity's eonts'nuing opernticffls. The statement of financial *ivilies include all gains and losses in the year and therefore a slalement of total recognised gains arKI k)sses has not been prepared. The ncles on pages 43 lo 64 form part of these xccwnts. Details of comparalNe figures by fund are disclosed in note 25. Page 40 ST BEDE'S SCHOOL TRUST SUSSEX CONSOLIDATED AND CHARITY BALANCE SHEET AT 31 AUGUST 2024 Group 2024 2023 £'ooo £'ooo Charlty 2024 2023 £'ooo Not Fixed asvts Intangible Assets Tangible Assets Investments 10 11 12 49 35,231 58 35.592 49 35,258 20 35,327 58 35.640 20 35,718 35.280 35.650 Current assgts Debtors Cash al b￿k and in hand 13 1.322 12,267 13.S89 1.845 15,336 17.181 1,440 12.104 13,544 15,362 17.139 Credltors: Amounts falling duo wlthln one year 14 111.030) {8.9481 I11,￿) 18,8871 Net curr•nt ass•ts 6.109 4,641 Total assets less current liabiliti 41.389 40,291 41,442 40.375 CredltQTS: Amounts falllng due after one year 15 (6.545) 16.2431 {6,5451 16,2431 Net assets Represented by Restrfcted Funds Unrestrlcted Funds General Fund Des*an8ted Funds 34,844 34.048 34,132 19 19 131 131 34.836 33.725 192 33.917 34.889 33,809 192 34,889 34.001 34.836 Total Funds 34.844 34,048 34,897 34,132 The ncrte5 on page$ 4310 64 forn part of these ￿nts. Approved by Ihe Board of Govemois and aLthori￿ for issue on 30 November 2024. ereer alr of the Board of Governors D Keegan Chair of the Finance Commlttee Company R•gistration No: 01386499 Page 41 ST BEDE'S SCHOOL TRUST SUSSEX CONSOLIDATED CASHFLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2024 2024 £'ooo 2024 £'ooo 2023 2023 Net G•¥h generated from oper4tlng actlvltlos 17 5.671 7,057 Cash flows from inv•sting •etivitles Purchase of intsngible fixed assets Purchase of tangible fixed assets Proceeds from sale of fixed assets Net cash usfjd in Investing a¢tiviti•s {191 (1.750) 21 {91 11.8241 19 11,7481 11,814) Cash flows from financlal activities Repayment of borrowings Payment of obligations under finance leases Interest paid Net Gash ouffiow from financing {4001 {86n {97) 331 {1301 334 828 1,331 Net I￿18*$e of Cash and cash equNalents 3,095 3,912 Cash and cash gqulvalonts at th• start of the year 12,267 8.355 Cash and ￿$h equlvalents at the end ol tho year 15.362 Analysis of cash and cash equivalents Current Accounts Deposit Accounts 2.119 13243 2.014 10.253 Total 15,362 Net Dgbt Al Cashflow 0110912023 £'ooo Other At Movements 3110812024 £'ooo £'ooo £'ooo Cash Loan.. falling due <1 year Loan.. falling due >1 year Finance Lease Obligation 12,267 (4C￿l 14.1321 97 3.095 4CQ 15.362 14001 {3.7321 14001 40C* 97 7.638 3.592 11.230 Page 42 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POUCIES Company Informatlon St Bede's School Trust Sussex Clhe chanty'l is limited by guarantee and incorporated in England and Wales. The registered ¢)Ifte is Upper Dicker. East Sussex. BN27 3QH. b) 8asis of Preparation These financial slalemenls have been wepwed in accordance wthh FRS 102 'The Finaneial Reporting Standard appI￿able in the UK ar￿ Republ￿ of IreL4ThI' (FRS 1021 and the iequirements of the Companies Act 20(6. The Charilabie Company is a public benefrt company as defined by FRS 102 and therefore the Charty also prepared rts financial statements in aeeordanee with the Statement of Reccmmended PraCt￿e applvble to charitses preparing their a¢eounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (The FRS 102 Charities SORPI. the c¢)Mpan￿ Act 2CQ6 and the Charities Act 2011. financial statements are prepared in steding, which i8 the funct•)nal currency of the ccmpany. Monetary amounts in th￿financ￿41 statements are rounded lo the nearestthousand pounds. These financial staternenls are prepared on the going coneem basis. under the historieal cost convention as modTfied by the revalUat￿n of investments arKI in accordance with the CompaniesAct 2C(6 and applicable xcounts.ng standards in the United Kingd¢M). The principle accounting policies. whKh have applied consistentty throughout the year. are sel ¢)ut below. No Separate SOFA has been presented for the Chty alone, as pemrtted by Sect*)n 408 of the Companies Act 21K6. The Charity has taken ￿Vantage of the exempti)n available lo a qualifw'ng entity in FRS 102 from the requirefnenl to present a Charty only Cash Flow Slalemenl wlh the Consol￿ated finanual ststemenls. The Govemors have assessed vhther the use of the going coneem basis ts appropriate and have considered possible events or condrtions that might cast swnrficant doubt on the ability of the Charrtab￿ company to continue as 8 goiro concern. In particuL4r the govemors have conS￿ered the charrtable ecrtnpanls forecasts and prO1￿tionS that covered a 24-month period lo August 2026 and have taken account of pressures on fee inc(xne and expgndrture. After making enquir￿$ the governors have conclude(I th* there is a reasonable expeclabon that the charitable company has adequate resc4Jrces lo contsnue in operational existence for the foreseeable future. and that there are no material uncertainties in relation lo going concem. The ¢harrtable company therefore continues lo adopt the ooing corKern basts in preparing its financ￿1 statements. Group Accounts The financial statements consoh'date the finar£ial statements of the company, and all ils subsidiary ¢wnpan*s. charitable trusts and funds wfjth all inter-company balances being eliminated. Entities are consolidated where St 8ede's Schcrfjl Trust Sussex exercises overall olllrol erther through ¢)wnetship of shares or through having common trustees wrth a c¢)mmon objective. Accounting pol￿1￿¥ are eonststently applied befv￿ern gr(xJp CoMpan￿s. These linancial 5talemenls lor the year ended 31 August 2024 are prepared on a consolidated basis in accOrd*r￿ with FRS 102. Page 43 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POUCIES (CONTINUED) dl Incom• and Exp•nditure All income and expendrture are acccMJnted on the acwals basis. except where otherwise staled. Lega￿e5 are reeognised in the SOFA. where the eharity being nolffied of an irnp¢nding distribution and the amount there is reasonable cetsinty of the legacy being received. E￿nditUre is recognised when there 15 a conslructNe or bgal oblNJation to payforexpenditure. Certain expenditure is apFFars Freehold land and buildings are functional assets and are therefore shown at cost. Their value Is maintsined by a full programme of repair and renovat¥)n and the book value is substantially less than the Pfesent value for insura￿8 purposes. Therefo￿, no provision for depreciation on the freehdd land and buildings is made. The freehokl buiklings a￿ rewewed annually for any potenlial impairment. k) Flxed asset Investrnents Interests in subsidiaries are initially measured al wsl and subsequently measure(l at cost less any a￿UMUlated impairment losses. The investments are assessed for impaiment al each reporting date and any impaiment losses or reversals of impaimierbt bsses are ￿togniSed immedialety in the SOFA. Debtors Trade arKI Other Debtors are recognised at the settkmenl amount due after any trade discount offered Prepayments are valued at the amounl prepaKI net of any trade discounts due. Fee debtors are reviwed regulady and bad debt is prowded fcff in line wrth the Trust's pc4iey. Cash Cash at bank and in hantj includes Cash and shryt terrn highly liquid investments. Credltors and provisions Creditors and provisKJns are reetsjnised where the charity has a present obligation resulting from a past event Ihal will probably result in the transfer of fvnds lo a third party and the amount due lo setde the obligatK)n can be measured or estimated reliably Credrtors and provisions are normally reeognised at th￿r settlement amount after alk￿l￿g for any trade discounts due. Le￿e$ Leases a￿ classfvd as finance ￿e$ whenever the lemis of the lease transfer substantially all the risks and rewrards of ownership lothe lessees. All other leases areclassified as operaling leases. Assets hekj undef finance l&ases are recc¥Jni5ed as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The reL8led liabilty 1$ included in the statement of financial posrtion as a finance lease obligation. Lease payments are treated as consisting of caprtal and inlerest elements. The Interest is charged lo the income statement w a5 to prtsau￿ a constsnt pe￿d￿ rate ol interest on the remaining balance of the liabilty- Rentsls payable under operating ba￿. including any lease incentive receNed, org charged to the SOFA on a stTaBhl.line basis over the lenn of the rethnl lease except where another more Systemat￿ basis is more representative of the time pattem ￿ whith econom￿ benefrts from the ￿ase asset are consumed. Page 45 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNnNG POUCIES {CONTINUED) p) Flnanclal Instruments The Company has elected lo appty the provisions of Section 11 'BaS￿ Financial Instruments. and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instnjments. Financial assets are re￿antsed in the companys statement of financial position when the company becomgs paty to the conlraclual provi5*Jns of the instrument. Financ￿1 assets and liabilrties are offset. wf(h Ihe nel amounts presented in the financial Statements. when there is a legally enforceable right to set off Ihe reco9ni5ed amounts and there is an intention to sewe on a nel basi5 or lo reJise the asset and Sett￿ the lobilty munaneousty- Financlal assets Financial assets are classtffied into specffied categories. The classificat￿n depends on the nature and purpose of the financial assels and Is determined al the lime of reco9nrtion. Bas￿ financial assets. include trade and other receNables and cash and bank balances. are inrtially measured at transaction price including transaCt￿n Costs and are subsequently Carried at amortised cost using the effective Inte￿St method. unlèss the arrangement constitutes a financing transaction. where the transaction is measured al the present value of the future receipts diseounted al a market rale of interest. Other financkql assels c&ssified as fair value through profit ¢y loss are measured at fair value. Loans and recelvables Trade debtors. loans and other re¢eN8bles that have f￿ed CY determinable payments that are not quoted in an ￿tIve market are classified as 'loans and receivab￿$.. Loans and receivab are measured at amortised cost using the effective interest methcd. less any impaimienl. Interest is recognised by applying the effective interest T*e, except for short-lemi receTvables when the recognition of interesl would be immaterial. The effectwe interest meth¢)J is 8 method of ealeuLqting the amortr'sed cost of a debt instrument and of all￿aling the interèst income over the relevant period. The effectNe interest r*e is the rale that exactly discounts estimated future cash w8ipts through the exp&Xed lrfe of the debt Inst￿Ment to the net carrying amount on ini(kql recognilK>n. Impairment of financlal awts Financial assets. other than those he￿ at fair value through profft and k)ss, are assessed for indicators of impaiment at each reporting end date. Financial assets are impaired there there is obiective wdence that. as a result of one or more events that occurred afterlhe inrtial reeogn(tion of the financial asset, the estimat6I future cash fl¢)ws have been affected. The impairment k>SS is reccgnised in prorr( or10s5. Derecognltlon of financlal assets Financial assets are defecLyJnised only when lh8 contractual rights to the cash flows from the asset expire. or when rt transfers the ffinancol asset and substantially all the rtsks and rewards of ownership to another entty. Flnanclal Ilabllldes Basie financhql liabilities are initially measured at transaction pric8, unb8$s Ihg arrangement constitutes a financing Iran&9CtÉon. where the debt instrument is measured al the present value of the future receipts d15counled at a market rate of interest. Other financial liabilities classified as fair value through profit or loss are measured at fair value. Pa8e 46 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POUCIES (CONTINUED) Oth•r financlal Ilabllllles Other financial liabili(ies, are inrtialty measured at fair value. net of transact￿n costs. They are subwuenlly measured al amortised cost using the effe¢ts"ve interest method, with interest expense recognised on an effectr¥e yield ba51S. The effective interest methoj is a method of cakukting the amortised cost of a financial liability and of all¢xating interest expense over the re￿vant period. The effective interest rale is the rate that exactly discounts estimated future ￿$h payments through the expected life of the financial liability to IITe net carrying amount on iniéial reccgnition. Der•cognltlon of financial liabilities Financial liabilrties are dere¢ognL%ed when. and onty vthen. the company's obligation5 are discharged, cancelled. or they expire. Employee beneffts The costs of short48rm employ¢0 beneffts a￿ recoJni5ed as a liabilrty and an expense. TerminalKJn benefrts are rec¢yJnised immedkately as an expense when tr* cempany is éemonslrably commrtted to teminale the empwnent of an empk)yee or to provide lemiination benefits. Rotlrgmènt benerts The school contributes to the Texhers. Pension Defined Benefts Scheme at rates sel by the Scheme Actuary and adwsed to ltte Sch¢)ol by the Seheme Adminislralor. The Scheme is a mutti-employei pension scheme and it i8 not Fossible lo idenlrfy the assets and liabllrt￿S of thè Scheme wh￿h are attributable lo the Schcol. In accordance wi(h FRS102 Section 28 the Scheme is accounted for as a defined contribul*)n scheme and conlribulKJns are accounted for in Ihe period to wh￿h they relate. The Trust wrthdrew fr¢xn this ￿heme on the 1 September 2024 The Schcd operates a defined contribution pension scheme for the benefrt of non-leaching staff and teachers not in the Define(l Benefrts Scheme. Fund AGGounting Funds held by the company are either. Unrestrlcted funds: General funds are funds can be used in xc0rd￿ce wrth the charitable objects at the discretion of the Govemcffs. Designated funds comprise funds whth have been set 8spJe al the di￿retIOn of the Governors for specrfic purposes. The purposes and uses of Ihe designated lutvjs are set out in note 19. Restrkted funds: These arg furKls whKh have been given for part￿ular purposes and prqects. NonAncillary Trading Non-ancilL3ry trading inwne and expenses represenis amtyjnts frwi actiwlios not dir8GtIy related to the charrtable ol"ects. for exampk the Schojls Transkx)rt Service and lellings of schcrfjl facilrtw. Income and expenses fmm these a¢1Nrt￿ is rewnL8ed in the SOFA when the goods are sold or services provided. Page 47 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 CRITICAL ACCOUNTING ESTIMATES AND JUOGEMENTS In the appI￿allOn ol Ihg Companls accwntiro polKie$. the Govemors are required lo make jUtJgements, estimates and assumpb.ons about the ca￿￿ng amount of assets and liabilitss that are rKJI readily apparent ¢ther sources. The esbmates and as51xialed assumptions are based on hislorieal eXper￿nCe and other factors that are consid8red to be relevant, Actual results rnay drffer from these estimates. The estimates and undedw'ng assumpt*)ns a￿ revEwed on an on-going basis. RevBions lo accounting estimates are reccgnised in the pericxj in which Ihe estimata is revised, if the revision affects On￿ that period. or in Ihe period of the wision and futUTe peric>as if the revision affects both Current and future pervA$. The eslimales and assumptions whth have a S￿n[r￿ant risk of causing a malerk41 adjustment lo the carrying amount of assets and Ik4bilrt*s a￿ cmjllined below. Crlucal Judgements Useful ￿OnomIC Ilves The annual depreck*K)n charge for property. plant and equipment is sensitive lo changes in the estimated useful econom￿ lives and residual values of the assets. The useful economic INes and resitjual values are re-assessed annualty. They are amended wherb necessary lo reflect urrenl estimates. based on lechnol(*Jical ￿vanCement, future investments, gconomie utili&*ion and the physKal condrtion of the assets. Provlslon¥ The ccxnpany makes an estimate of the recoverabte value of trade and other dèbtors. Whers assessing impairment of trade and other deblcKs, management consKlers fadors including the cuNenl credit rating of the debtor, the aging profile of debtors and historKal experience. See note 13 for the nel carying amount of the debtors. Page 48 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 INCOME FROM CHARITABLE ACTMTIES 2024 £'ooo 2023 £'ooo School Fees receiv&sle eompriged.. Gross Fees Less lotsl scholarshps, bursarie5 and other fee remissions Add back.. 8urs81ies paid for by the Hardship Fund 31.512 12,5801 30.440 {2,6271 28,932 27,813 Other EdUcat￿nal Inceme Comprised.. Summer School Inwme Quarantine SchooTholiday Club Other Charges to Parents Regi$lralNin Fees 5,330 66 2.384 76 7,856 36,788 4,997 29 2,411 73 7.510 35.323 Totsl Incom• from Charllabl• Activit￿5 GRANTS & DONAlloNS 2024 £'ooo 2023 £'ooo Unrestrlcted t)onalv)ns Restrlctèd Donations 135 Totsl Grnnts & Donatlons 193 NON-ANCILLARY TRADENG INCOME 2024 £'ooo 2023 £'ooo 12 Schc<)I Shop sale¥ Lettings 39 56 EXPENDITURE 2024 2023 £'ooo Unrestncted funds Oirect charitab￿ expenditure includes.. The operating surplus Is staled after charginty{credrtingl AmortIsal￿n Depreciation {Profrt) on sale of Fixed Assels Operating Leases (Income) frcffi property leases 28 25 1.862 115) 49 129 AUDrroRS' REMUNERATION 2024 2023 £'ooo For audit $8rvie•s Audit of the company$ finanual statements - Current Prior 24 23 24 For other s•Thices Other assurance sermces 31 Page 49 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 EMPLOYEES 2024 2023 £'ooo Staff Costs.. Wages and Salaries Social Secunty Costs Pension Cost$ 16,402 1,541 14,803 1.379 1.899 19,949 18.081 2024 No 2023 No Total Staff Heacount.. Teaching Teaching SupFui Support Summer SchLx)l-Twnporary 146 143 176 191 131 181 110 582 656 Included in staff costs are redundancy or termination payments totalling £25k12023.. £114kl. Six 12023." Five) Governor were reimbursed f¢X Iraifiing, Iravel and aceommtsd*Tron expens95 amounting to £1.7k12023'. £1.6kl. None of the Governors rec6Ntid any femun8ration or other benefits {2023.. £nil}. The number ol h￿her paid employees. as defined by the Charitw SORP. was.. 2024 No. 18 2023 No. 12 £ 60,001- £ 70.000 £ 70.001-£ 80.000 £ 80.001 - £ SO,000 £ 90,001 - £1CQ,000 £100,001- £110,000 £110,001 - £120,000 £130,001 - £140.OC £140.001- £150.000 £180,001- £1SY).C £190,001- £200.OC¥) Employers National Insurance and pension ContribLrt￿ft$ are not inckjded in the higher paid employee salary calculations. The number of higher paid staff in defined contribut￿n {DCI pensKJn schemes was nineteen 12023.. eleven) with l¢)tsl empbyerfs contributions amounting to £146k12023." £90kl. Sixleen12023'. elèven) higher paid employees were in the defined benefrt ID81 pensK)n scheme. Total empioyerfs contributions in the year We￿ £278k12023.. £1661¢1. Key management personnel comprL%e the Executive Commrttee. The totsl number of key management Fersonnel receiving pay and benefrts is len12023.' nine} and the total pay and benefits r￿eNed were £1,008k12023.. £873kl. PensKJn contributions relating to the key management personnel are £128k 12023.. £113kl. The￿ are four 12023.. four) members of the key management personnel vtho are promded with accommodab.on at no charp. to enable them to better perform their duties. Page 50 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ANALYSIS OF EXPENDITURE 2024 Oth•r Depre¢latlon Total 2024 Costs Amortisation £'i)00 £'ooo £'ooo Cost of Ralslng Fundl Non-ancilL4ry Ir•Jing Financ8 Cost 613 221 331 92 926 331 613 552 92 1.257 Charftable Acilvlti•s Teaching Welfare Premises Support Donation Governance Costs Cost of building m1ni-rounda￿utS 14.626 1.347 1,197 2.166 6.526 2.541 2,661 1,565 192 35 220 21,372 3,888 5,507 3.759 192 35 504 1.649 28 19.336 14.024 1.897 35,257 Expendltur• fn)m other funds: ReStr￿ted 123 123 Totsl 19,949 14,699 1.989 36,637 ANALYSIS OF EXPENDITURE 2023 As Dgpreclatlon r•ststed r•stated Staff Costs É'ooo Total 2023 Amortisatlon Oth•r £'ooo £'ooo £'ooo Cost of Raising Funds Non-ancillary trading Finance Cost 527 316 95 938 334 1,272 527 650 Charltable ActlvStles Teaching We￿are Premises Support Govemance Cosls 13,002 1.288 1.052 2.212 5.548 2,284 2.632 1.438 233 18,783 3.572 5.243 3,650 30 1,559 17.$54 11.932 1,792 31,278 ExpgndStur8 from other funds: Restricted 29 29 Total 18.081 12,611 1,887 32.579 Governance Costs for both year5 crAnprises of audii fees other serKes provided by the Auditors for the Trust. The Trust funded thè building of Iwo min1-roundat￿ls as part of a traffic calming scheme. The roundabouts owned and Maintair￿ by National Highways. Page 51 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 10 INTANG18LE ASSETS Group & Charity Software £'ooo Cost Al 1 September 2023 Additions 500 19 At 31 August 2024 519 Amortisation Al 1 Septembef 2023 Amortlsal￿1n charge for year 442 28 At 31 August 2024 470 Net book valu At 31 August 2024 49 AI 31 Au9usI 2023 58 Page 52 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 11 TANGIBLE ASSETS Group Freohold Property Fmhold Land Assets Agflcultural Under Equlpment Constructlon £'ooo At 1 September 2023 Add(tions Transfer Disposals 42.940 857 251 13741 454 71 At 31 August 2024 42,940 681 487 Depreclalion At 1 September 2023 Chaige for year Eliminated on Disposals 12,072 293 57 38 At 31 August 2024 12.936 312 Not book value At 31 August 2024 175 At 31 ALtrJusI 2023 681 857 IT and Fumtture Computer and Equlpmont equlpment £'ooo Motor Vehlcles Tolals £'ooo £'ooo Al 1 September 2023 Additions Transfer Oisposals 2.610 252 12.833 1,040 374 875 136 61,250 1.750 188 At 31 August 2024 2.e62 1.011 Depreclatlon Al 1 September 2023 Charge for year Eliminated ¢)n Disrrf)sals 2.402 213 10.233 728 658 99 25.658 1.961 38 At 31 August 2024 10,961 757 Net l)ook value At 31 August 2024 247 254 At 31 August 2023 217 Page 53 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 11 TANGIBLE ASSETS ICONTINUEDI Charlty Freehold Property Fmhold Land A88ets Agrlcultural Under Equlpment Construction £'ooo £'ooo £'ooo Cost At 1 September 2023 Additions Transfer Disposals 43.192 681 857 251 1374) 150 454 71 38 At 31 August 2024 681 487 Depreclation Al 1 September 2023 Charge for year Eliminated on Disposals 12.072 293 57 38 At 31 August 2024 12.936 312 Net book value At 31 August 2024 30,256 681 584 175 At 31 August 2023 681 857 161 IT •nd Fumlture Computer and Equipment Equlpment £'ooo £'ooo Motor Vehlcles £'ooo Totals £'ooo Cosl Al 1 September 2023 Addib'ons Transfer Disposals 2.610 252 12.833 1.040 374 111 23 60,738 1,637 188 At 31 August 2024 2,862 14.247 134 62,187 0gpro¢iation Al 1 September 2023 Charge for year E1iminaled on Disposals 2.402 213 10,233 728 98 25,098 1,869 38 At 31 August 2024 2,615 10.961 105 26,929 Not book value At 31 August 2024 247 29 Ai 31 August 2023 208 13 35,640 Page 54 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 11 TANGIBLE ASSEfs ICONTINUEDI Freehold land and buildings at cost or ¥duatK￿ inclLKles £2.4m at 31st March 1979 revalued on the basis of re-inslatemenl cost tess allowance for 89e after taking a￿oUnt of subsequent disposals. In accordance with FRS 102 this valuat￿ has been Irealed as an historic cost as at the dale of nversion. The buildings have been insured on a declared value of £222m. Following a review, no impaiment has been NJentrfi&J. 12 FIXED ASSET INVESTMENTS Charlty Shares in group undertakings Cost At 1 September 2023 & 31 August 2024 20 Holdlngs of more than 20% Thecompanyowns 100% of the equity oflhefolbv￿ng subsidories, wh￿h were ineorporated in England and Wal8$.' Subsidiary Company Holdlng Nature of the Businoss Dicker Enterprises Limf(ed Ordinary Shares ProvisK)n of farylities al lfie School Letchfield Prcperties Limit&J Ordinary Shar95 Provision of deS￿n and build services Page 55 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 AUGUST 2024 13 DEBTORS Gmup Charlty 2024 2023 £'ooo 792 353 439 2024 £'ooo 1,033 383 650 2023 Fees Recoverable Debt Provision 1.033 383 650 792 353 439 Amounts owed by subsidkqry eompan*s Other debtors Prepayments and Accrt￿d Income 93 425 677 175 336 49) 374 509 677 1.777 1,322 1.845 1.440 14 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR Group Charlty 2024 £'ooo 2023 2024 £'ooo 2023 £'ooo Nel obligatic￿$ under finance leases Mortgage Loans Fegs ¢haTged in advance Fees Paid in Advance for Autumn Tem) Entrance Fee Deposits Trade creditors Other tsxatKJn and social security costs Other c￿ditOrS Accruals 97 4C(I 554 97 400 554 400 2,045 2,045 3.268 3,CK11 1.076 3,268 988 1,218 3.CQ1 1.076 878 1,221 605 1.267 1.236 651 1.267 594 1.214 1,073 1.214 1.178 8.948 8,887 Page 56 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 15 CREDITORS.. AMOUNTS FAWNG DUE AFTER ONE YEAR Group Charity 2024 2023 £'ooo 2,111 2024 2023 Entrance fee dep95its Fees charged in advarKe Mortgage loans 2.324 489 2,324 489 2,111 6.545 6.243 6,545 6,243 a) Entrance fee deposlts are due as follows: Wrthin 1 Year Betsveen 2 and 5 years After 5 years 1.076 1.917 194 1,076 1,917 194 2,207 117 2.207 117 3.312 3,187 3.312 3.187 b) Fees charged In advance arn due as follows: WiÉhin 1 Year Betsveen 2 and 5 years 2.045 489 554 2,045 554 2,534 554 2,534 554 l Net obligations under finanGe lea¥w$ arg due ￿ follows: Within 1 Year 97 97 97 97 d) Mortgage loans Tgpayablw by inslalments are due as follows: Within 1 Year Between 2 and 5 years After 5 years 400 1,601 2.131 4C 1.601 2.531 4C(I 1.601 2,131 4C¥J 1,601 2.531 4.132 4.532 4,532 The Trust has tsvo mortgages in p￿ce at 31 August 2024: Repayments cc4nmenced Sept 2¢JJ6," repayab￿ by 92 quarterly instalments. Inlerest is calculated at Barclays base rale plus 1.1%. Repayments commenced in July 2010. repayabb by 92 termly instalments. Inlefesl is caku￿ted on the banks short lenn base rate plus 1.9OA. A len-year finance lease ￿lch commenced in Juty 2014 was redeemed during the year. The tsvo remaining mortgages a￿ secured by charges against tha land and buildings at th8 Senior Schod srte in Upper Drcker. The k)ans have interest rate hedge¥ in p* limthng interest tharges to 3.1% C￿ part of the bans. Page S7 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 16 MOVEMENT ON OEFERRED INCOME 2024 £'ooo 3,555 (3,7011 5,948 2023 £'ooo 3.064 13.2121 3.703 Deferred ints)me brtyjght foTh¥ard Release in year New prOvis￿n added Def8rrgd In￿Me carri8d foThY¥d 5.802 3,555 Ail deferred income reLqles lo early Pa￿nent of fees either as FIA th81 covers al minimum one yearfs fees or payment of the Autumn 2024 bill. £147k12023.' £147kl of release in year are from new proviston. 17 NET CASH GENERATED FROM OPERATING ACTivmES 2024 2023 £'ooo 3,358 Net incoming resources for the year to date 796 Adjustment5 for. Interest paid Operabng surplus Amortisation of Intangl￿e fixed assets Depreciation and impairment of langibk fixed assets LossllProftl on disposal of tangible fLxed assets Movements in working capital". Decrease in 5t¢ek IlncTeasel in debtor5 Increase in Credrtors 331 1,127 28 334 3.692 25 1.862 1151 129 79 {3091 {4551 18 ALLOCATION OF NET ASSETS 2024 Restrlcted Unrestrlctod D•slgnated Funds Funds Funds £'ooo 49 35,231 17,131 111,030) 6,545 34,836 Totsl £'ooo 49 35,231 17,139 111.0301 6,545 Intangible fixed assets Tangible lixed assets Current assets Current Irabilkt*es Long term l￿bIl￿.￿S ALLOCATION OF NET ASSETS 2023 Restrlcted Unrestricted Designated Funds Funds Funds £'ooo £'ooo £'ooo Total £'ooo 58 35.592 13.589 18.9481 Inlangible fixed assets Tangible fixed assets Current assets Current liabilrt Long tenn Irabilities 35.592 13.266 (8,948) 6,243 33.725 131 192 131 192 Page 58 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 19 FUNDS FUNDS 2024 Atl September 2023 Income Expendlture Transfern At31 August 2024 £'ooo £'ooo Group unrestrict￿ Funds General Designated funds.. Foundation Fund 33.725 37,433 (36,3221 34.836 192 192 Total unrnstricted funds 33.917 37.433 36,514 34,836 Charlty Unrestricted Funds General Designated funds.. Foundation Fund 33.809 37.402 (36.3221 34.889 192 192 Total Unrestrict￿ funds 37.402 36.514 At1 September 2023 £'ooo Incom• Expgnditur¢ Tran$ftrs At31 August 2024 £'ooo £'ooo £'ooo £'ooo Group & Charity Restricted Funds Development Foundation Fund Building Proje¢t Tree Project 123 (123) Totsl r•strict•d funds 131 123 The remaining funds in the designated Foundalion Fund and restn.cted [levelo￿ent Foundation Fund were transferred lo the Bede's Development Foundation, a separate charity wlhin the year. The aim of the Foyntjalion 1$ to advance 8ducats.on at Bede's Schth)I by providing funding, assistance and support through the provision of bu{￿rI¢S for the benefrt of pupils who would otherwse be unable lo commence eduCat￿n at the School. The Building Prqect is a fund to contritrArte to key buikling projects. The Tree Projecl is a celebration of the Queen's Plats"num Jubtse with the aim of planting trge$ on the SenKJr Sch￿1,$ grounds. Page 59 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 19 FUNDS ICONTINUEDI FUNDS 2023 At1 September 2022 In¢om• Exwnditur• Transf•rn At31 August 2023 £'ooo £'ooo £Tho Group Unrestrlcted Funds General Designated funds.. F¢JJndation Fund 30.531 3S.744 {32.5501 33,725 134 192 Total unrestrlcted funds 30.665 35.802 Charlty Unrgstrlthd Funds General Designated funds-. Foundation Fund 30.599 35.694 (32,4841 33.809 134 192 Total unrestrlcted funds 30,733 35.752 32,484 34.001 At1 Seplember 2022 Income Expenditure Transf•r8 At31 August 2023 £'ooo £'ooo Group & Charlty Restrlctgd Funds Devebpmenl Foundath?n Fund Building Proiecl Hardship Fund Tree Project 123 123 21 (21) 12 Total restrlcted funds 25 135 29 131 Pa8e 60 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 20 PENSION COSTS The School participates in Ihe Teachers. Pension Scheme Ilhe TPS'I for ils leaching staff. The pension ¢haige for the year includes contributions payable lo the TPS of £1.215k12023'. £1,294k} and al the yearond £117k (2023.. £1 S1kl was accrued in respect of contributions to thi8 scheme. The TPS 1$ an unfunded multi-empbyer defined b8nefts p8nsion scheme governed by The Teachers, Pensions Regulat￿)n$ 2010 las amended) and The Teachers. PenS￿n Scheme Regulations 2014 las amended). Membws contribute on a 'pay as you go" basis with contribLrtions fr¢Jn members and the empbyer being credited lo the Exchequer. Retirement and other pens¢)n teneffts are paid by public funds provided by Parliament. The empsoyer contribulion rate is set by the Secretary of Stsge fo1￿ing scheme valuations undertaken by the Government ACtUa￿S Department. The most recent actuaisal valuali)n of the TPS was prepared a5 at 31 March 2020 and the Valuation Report, which was published in October 2023. Follwng the •AcCloud judgement. the remedy proposed that when benefits become payable, eligible membefs can select to receNe them from either the ￿forn7ed or legacy schemes for the period 1 April 2015 to 31 Mafch 2022. The actuaries have assumed that members are likely lo choose the option that provths them wth the greater benefrts, and in preparing the 2020 valuation has valued Ihe'gr*er value. benefrts for groups ol relevant members. The employer contribulion rale for the TPS is 28.6%. and employers are also required to pay scheme adminisliatv)n lewy of 0.08% gmng a total employer contribuli¢)n rale of 28.680A. The Trust con$utted wlh rethnt Staff durirg the year and agreed lo withdraw from the TPS and move affect8(I members of staff to the Tru5Ys Defined Contribution Scheme with effect frcm 1 September 2024 and so this is the last year in wh￿h the Trust will partKipate in the TPS. The Sehool addili¢)nally operates one Defined Contribulitin Schemes. Contributions on beha of Staff within these ￿hernes are rnade lo Aegon UK C¢)rporate Servvs Limrted. Total contributions made to the Aegon Scheme during the year were £1.431 k12023.. £588kl. The lolal pension conlribulion$ wh￿h were still outstanding as al the year-end were £152k 12023.. £83kl. Contributions to these schemes are chwged to the statement of financHI actmties as they fall due. 21 CAPITAL COMMITMElffS At 31 Augu512024 the group had capitsl expendiiure ￿ntracted for. not provided for in the linan¢ral sLitement5 of £838k {2023.. £189k). 22 OPERATING COMMITMENTS At 31 August 2024 the school hatl commth)ents forfuture minimum lease pawnents under non- cancellable operating leases which fall due as fdkh¥s". 2024 Land and buildings 2024 2023 Land and bulldings 2023 Other £'Doo £'ooo Within 1 year Wrthin 2 to 5 years 11 33 73 33 109 Page 61 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 23 MEMBERS. UABIUTY The CLympany is limi(ed by guarantee and dces not have a share capital. The liability of the members in the event of winding up ts limrted to £1. 24 RELATED PARTY TRANSACTIONS Aside from transactions with other group entitl.es there were no other relat￿ party transactions 12023.. n￿e1. During the year there were net cross charges frcfft Dicker Enterprises Limited lo the school of £145k12023.. £98kl, and from Letch￿Id Propert*s Limrted to the school of £NIl12023.. £242kl. Al 31 August 2024 Dicker Enterprises Limited had a balanee due to the sehcol of £93k12023'. £157k} arKI Le1chr￿ld Prq)e￿"eS Limited had a baLgnce due to the Trust of £Nil12023.' £18k). Page 62 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 25 CONSOUDATED STATEMENT OF FINANCIAL POSITION- COMPARATIVE FIGURES BY FUNDTYPE Unrestricted Restrictsd Funds Funds £'ooo Totsl 2023 É'ooo INCOME FROM: charitab￿ Activities Donat￿)n5 and Legac Investment Inccme Other Income Non-ancillary trading incc4ne 35,323 35.323 193 347 18 56 13S 347 18 Totsl Incomo 35,802 13S 35.937 EXPENDITURE ON: Cost of Raising Funds Chariiable ACtI￿tieS 1,272 1.272 29 Totsl Expgndlturg 29 Net Inc¢me 3.252 3.358 Transfers bttween Fund$ Net Movement in Funds 3,252 3,358 Fund Balances at September 2022 30.665 25 30,690 Fund Balances at 31*t August 2023 131 Page 63 ST BEDE'S SCHOOL TRUST SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 SUBSIDIARIES Dlcker Enterprises Umlted The Company owns all of the Sha￿ capital of D￿kér Enterprises Limled. a company incorporated in England and Wa￿5 {eompany number. 023803681, Registe￿ office." Upper Dicker. East Sussex. BN27 3QH. This cefflpany caryies oul trading activty on behalf of the charity including the operat￿)n of lettings of the Ch8fTiies faalit￿$ and the provisiefi of transport seTvice to the schc411. Letchfleld Propertlos Umited The cefflpany also own$ all of the shares in Letchfiehd Properties Limi(ed, a company incorporated in England and Wales {¢cThpany number. 026642311. Registered Off￿e." Upper Dicker, East Sussex. BN27 3QH. Thk8 company carries out des￿n, planning and Constwclion services as part of a contrad with St Bede's School Trust Sussex for the constnjclion of new boarding aceomMcda￿￿. Dlcker Enterpris Llmited 2024 Letchfleld Propertles Llrnthl 2024 £'ooo 2023 £'ooo 919 2023 £'ooo 87 Turnover Expenses 932 89 Profit I (Lossl on ActfvStles before Charges 32 13 2024 2023 2024 £'ooo 2023 £'ooo Fixed Assets 224 205 Net Cuffenl {LiabililiesyAssets 13 Net Assets 179 Funds 179 2024 £'ooo 2023 £'ooo 2024 £'ooo 2023 £'ooo Interest paid to Charlty on Intercompany loans Page 64