2025-08-31-accounts

virwalS￿natUr￿Tr3nsa[thTh Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 1151 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS for the year ended 31 Augusl 2025 4 Prior Park 'Il' Schools Company RegistTation NutnbeT.' 01521832 Charity Numb¢r." 281242

virwalS￿natUr￿Tr3nsa[thTh Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 2151 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 CoNtent5 Page Message from The Chair ADnual R¢port of the TTUSte¢s 3- 18 Reference and Adminisiraiive Dethils 19-20 Independent AudilOT'S Report Consolidated Sthiemenl of Trinancial AciiTr'iiies 24 Consolida¢ed and Chariry Balance Sheds 25 Con%olidated StalemeThl of C&sh Flows 26 N(>ies its the FinAncial Siaiemenis Company Regisirdtion Nurnber.. 01521832 Charity Nurnber.. 281242

virwalS￿natUr￿Tr3nsa[thTh Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P Y51 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 A Message from the Chair of Trustees I am pleased 10 introdu¢¢ ihe Siaiuiory Ac¢ounts for PTitsT Patk Edu¢&tional TTUSI for the year endjng 31 August 2025. These accollnts provide a comprehensi%'e ovetview of our financial Ste￿,3rdShiP and retleer our unw'averjng commirmeni io providing an ouisianding educational expcriencc across all our schools. The past year has been one of challenge and change. We have nai'igated challenge5 Wlth resilience and embraced oppoIrtUnili¢s for innovaliLlll. all while [nain￿lnI￿g OUT cor¢ values and nurnuriiig an ¢nViTOI)Jnenl where every siudeni Lan thrive. Ollr focus remains fimily on academic cxcellence. holistic dcvelopmeni of all ouryoung ptople, and fosi¢ring a sironu s¢ns¢ of ¢ommunily. F'inancially. the Trust continue5 10 demonstra￿ a robust and sustsinable posirion. These accounrs underscore our prudLnt mana¥ctncnl of rc¥ource5. ensuring ihal every invesitneni dirccily suppurts Liur cducaiionyl nii4sion and Ihc lung-¢erm ￿labilitY L)f UUT in%tituliLIN.%. Wc Lomtniltcd iran%p¢ifcnLy lind iiLLountiibility in all uur finanLial dealings. and thes¢ SLii¢m¢nis r¢fl¢¢i thai ¢ommith)¢ni. Wc are. of course. kecnly aware of the difficuli landscapc for the indcpcndcnl cducation scLlor. The implementation of N'AT on fccs and oihcr goi'cmmenl adjuqtrnenL% to charitablc bcncfils PTe4cnl rcal cliallcngics. LvidLniLxl by thi ¥LLIuT-wid¢ 2.40/0 drLlP in pupil rbumlx'rs since J￿lu￿1ry 2025. I¥'hilL IIILSL arL' sigTnifiLanl h¥adwin(l.%, IhL Buard's Llcar ithlenlion i% noi m¥rely io cndurc ihcm. bul lu adapi an(J ihrivL. We are LvnlidLnt thai Prii)r P£irk Lducaiional Trust will weather ihis siomi. always ￿1th th¢ b¢si ini¢resis ofour famili¢s ai h¢arl. ￿'C ar¢ also tnindl'LII of oiir rL'sponsibiliiv io our d(￿le￿iLY1 ILam of (Trv¢r 325 ¢mploy¢¢s acr(Trss ()ur Sch(￿lS in Ilaih dnd Gibraliar, whose Luminiiment is ihe Lornersione ufour 5ucces5. Luukin&p ulLLad. wi url LXLIILMI by ihc opportunilic¥ ihai liL ￿.1￿rL us. Thc Trubl rcjnains dLdiLalLd Iv strulibiiL dci'¢lopm¢ni and ¢oniinuovs improv¢m¢ni, ¢n%urin8 thai Prior Park S¢hool% ¢oniinu¢ iodeli%'¢r cdu¢Jtional qualiry and breath. We will continue 10 invest in our facilities. OUT dedicaied sia(r. and the inn(7va1i￿e probtram% Ihai enrieh Ihl, IivL.% of our %ludL'nlN. ThL' TnL5IL￿% Jre LoinilliiiLYl io ihL *ULLL%%ful Ioiigv.ILnn fulurL' 01. 4)ur %LIiiM)l% aiid IliL prudcnt tinancial mana¥cmenl adopicd 108cihcT wilh rnana8cmeni of our TC%CThCS rctlcci this l extend my 51rtrcrc grdiilud¢ lo our ¢xcepiional $thtT. dty]i¢aicd paren￿ supportivc Truslces, and ihc wider eommuniiy for their in%'aluabl¢ contributions. Th¢ ¢ommitmeni of all 1% fundam¢nial 10 oursucc¢%¥ and empower¥ us ti) achieve amhilii)us ¥oals. Thank you for your conlinucd tTUSt and 5UPPOrt. UL David Callow. Chair of Tn151ee5 I l D¢cet]]ber 2025 Company Regisirdtion Nurnber.. 01521832 Charity Nurnber.. 281242

virwalS￿natUr￿Tr￿n$a(a￿?Th Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P4151 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 JriTRODUCTJON The Boar(l ()f TTU¥te¢¥ prts¢ni th¢ir annua] rq)Drt for th¢ year eniled 31 Augutsl 20?5 under th¢ Companies ALt 2006 and the Charities Aci 2011. iogdher wilh ihe audited financial stsiements for the year. Prior Park Educatiotlal Trust I'the Trusi") is a company limiied by guaraDtee ￿ld not having a share capital it is goveTn¢d by its M¢TnoTandurn and Anicl¢s of Association and is kno￿Tr a5"PTior PaTk School5" Prior Park Schools is a family of Christian schools basL￿d in Baih and GibrdlLgr. Aeross ihrec sites. Ihe Schools educaie I,IY)O young people of all faiihs and none. The Schools believe that qualiry education chan8es lives and that outstanding schoo15 are engines for posiiii'e ￿)Cial Wdnsforniaiion. .8TRATEC.JC REPORT This report is deemed 10 encomp&ss all mallers whi¢h a￿ required ￿ be included in both ihe Straiegie and T)ircclors' Rcports of the Charity. OBJECTS AND I¥II.SSION STATEMENT The Obje¥iS of Ihe Tn￿1 as defined in ils Articles ofAss(Kiaiion are.. To pmvidc for thc advanccmcnt of cducaiion. and in connccrion thcrew'iih. lo conduct. Ca￿ nn, aLquirc and dcvclup any or day slhuol lor schwlsl for the cduLaliun of Lhildren. ur eiihcT vr buth %cx¢% Lif thc Roman Catholic religion, with other Chrisiian Lhil(JTcn, wilh or wiihou¢ non-Chri%iian childrcn. To providL for iULh oihL'r ¢harithbl¢ works wh¢r¢so¢v¢r at¥1 whai¥oev¢r $0 8$ to advan¢¢ lh¢ Roman C'atholLC Tcli¥ion. ThL Mis5ivn Siuliminl L)r PriL)r Park SLhouls is.. ri).Fl4Jbl'ur(I d fhriviiigjiimili, iJJ'cummiiniiiL?¥ 14iih loveforiheyoungpeople ih£y serve ai iheir hearl.. ctsnijnunilies whi(.h <'uliivale c'rcolivilv,fa%ier iniegrily, ond iransform li￿￿5. Our Mis8ion StsiemL'nl speak4 lo the ditYcTenLe% Ihai a Prior PJrk Schw1% eduLJlion make% lo ihL yuunb PLopIc wc scrvc. Evcry child 1% searching for a %cnsc of M'ho Ihcy are and ihc.wrt ofaduli Ihey ￿an1 lo bccomc. Schools play a role on thi5 joiirn¢y. Great schools. like those wiihin Ilit Prior Park Schools faniily. lielpour pupil% to explore who Ihcy are atld flnd thc adult ihey WL5h lo be. The values whieh Linderpin our mission stsiemeni are.. Curio8iry. fjenerosiry and Courage Our valucs are rootcd in thc Chri51ian faith. rcco8nisin8 that thcy arc also human valucs which span cNeryonc in our commiiniry of all faiihs and ihose of non¢. Thes¢ underpin all of OUT Ilioughts. Words and actions. and provide Ihc childrcn with a 5cI of corc vJlu¢5 lo act ￿ Ih¢ir guiding lighi Ihrough Ihcir lime al and beyond. TRUSTEES. 0￿ECTIvEs & KEY PERFORIIANCE IYDICATOR Thc Trustecs dirccicd thai (he objcciivcs for 2024125 should bc in line wilh thc objcctii'cs for thc prcN'ious ycar and haTr'¢ agTr¢d a d¢¢ail¢d sel of K¢y P¢rfoTrnaThce Indicalors Jnd pcrfortnanc¢ Theasure5 Wlth the Ilead of each 5rhwl. These art in lin¢ with th¢ vision of PTior PaTk Sch(K)15 and th¢ obj¢rtiV¢5 of the Tru5te¢5. Thc Tnjslccs havc cstablishcd a sci of Board prioriiics which aci as a 8olden thrcad on which thc individual School Development Plans are built. STRUCTURE AND DELI%'ERV OF GOI￿R￿ANcE Re%pon8ibility for Prior Park SCh￿]s lies with the Board of TnL%tees. The Tnjstees are the TnL%tees of Prior Park Educaiional Tn]si and arc ihc Dircciors of ihe Company. Thcy arc also ihe Members of thc Company. Company Regisirdtion Nurnber.. 01521832 Charity Number.. 281242

virwalS￿natUr￿Tr3nsa[thTh Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P $51 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 In ihe course of adTninisieTing the Charity. TTUSttts have paid due regard to the published Charity C.oinniLS5iOTi guidance on the operation of the public b￿¢r11 iequireTneni. Trusl¢e5 aT¢ aPIK)Inled bv a general meeting of the mtTnb¢￿ f()Ilvwin¥ the LvtJiid¢idtiun% atKI review of ihe Gvv¢tnan¢¢ Jn(l NumJnali()ns Cumtlliilee an(1 ihe recommendation of ihc Board. TrusiLes may be co-opied by ihe Board for 12 months ahead of appoinimeni by Members. The recruitmeni of new Trusiees is a thorougli pri￿¢S$ Lqking inio aecounr the needs of the Trust and the skills of Serving Trustees and wilh care thken lo appoinl indii'iduals from a varieiy of backgyrounds, including educdtion, business and COrnTnercial. la￿.. financ¢ aT￿ constyuction and wth due with consideration of diN'er5jty artd inclusion. TNstees are required to be reappointed on a three-year cycle and in usual circumsrances may serve up to maximum of nine years. The Board (>f TTu%iee4 meeL% Once per term to ¢oThider rD#uets of ry)li¢y and.$￿gY. The BoaTd deleg#te% many uf Ils reswnsibililies tv uiher cvmmiiiees bui mainltsins uvmi¥hi ieswnsjbiliiy foT Ihe deLisiuns uf Ihese committees. The Inost significant of Ihese sub-cojnniillees is ihe Finanee. Audii. Invesiineni and Rjsk IFAIRI Commiiicc, which mecis ai least 4 iimcs a ycar 10 exercisc financial oi'crsighi and io inake dcci5ions Dn oilier matters on behalf of the full Board. In addiiion 10 ihe Trusltts apwinied 10 FAIR. Ihe C'hairs of ilie LoLal CJ(IvcrnanL¥ C.'<)mrniltcc.% aTC al¥u invid io iiiicnd. Other TnL%iecs rnay attcnd FAIR if thcy wi%h. Tlic ihrce LuLal Cj()￿¢m￿nCty CommiliCCS prol'ide morc IMm￿late support and guidancc for cach sch￿1 than can nomally be Pro￿lded by eiiheT the fiill tlojid ofTrusiees ()r ¢he FAIR Lommill¢e. Prior Park School CJibTaliaT is a scpardic company limited guaranlcc and a charity rc8iStcrcd in Ciibraliar. Pri(FT Purk F.duLaiional Trus1 is its. 5vlc subsLri￿r and exLYCiSC% cJTcLiivc Lonlrul via a InajuTily of LLlliill)iin dircLI()r&. Oihcr %ub-iuniiniiice% ¥uver SatC&TuaTding. GovernanL¢ and Nvniin4ilivn% and Remuncraiion. These Ltsmmitiecs rL'port to Ihc Boar4J of TNslCC.¥ r¢¥ardin8 ihcir re%]x¢iivc ¥r¢rfL% of rc%pon%ibility. Thc Chicf OpcTalinB Officer and Ihc Heads of each Prior Park ￿h0o1 are re%rrfTrn%iblc 10 rhe TTUStccs for the day- In-day man41gTernenl Dreach.￿h0o1 and are Ihe key managvemeni peT4onal and the senior executives of Prior Park SLhoL)li. Thiy mLiI frcqulnily Io TCVICN OPLraiional pcrfornianLL and iv dLlivcr Ihc Trubliyb slralLgTiL inlLiil. In uddilion, eii¢h %chuul hats Hn intcmal goiernancc struciurc ihal include5 rc¥ular Scnior L¢a(Jcr%hip Tcam mcclin¥s And w¢¢kly Il¢ad8 of Ilu$in¢ss S¢ryic¢$ 8iaff mc¢iings. Thc remunLralion ufkey inana8ernent pcrsonncl is considcrcd by Ihc Rcmuncraiion Commlllcc and a8rLcd by thc Roard of Trustecs. with Ihc Objccli￿'c ofproi'iding appropriaie inceiilives to encourdg¢ enlianccd P¢Tfonnance and of rLwaTding Ihern fairly and rn>ponsibly for ihcir individual ronlribulions lo Ihc succc55 ofilic Trusl. PERbC)RMANCE A￿D ACHIEVE.MENTS 2024- 21125 Thc numbcr ol. pupi15 in Prior Park Schools bctwccn I Scptcmkn 2024 and 31 Augu51 2025 avcragcd 1.032 COTnparcd to 1.091 in 2023-?4. Prlor Park Coll¢ge IPPCI Attendance.. Thc Collcgc Toll averdged 568 pupils during ihc ycar. b. GCSE and A Level Resu115: Ar A Lei'cl. oi'CT 15 / of all OUT eniries were a￿arded an A gradc. thc AIA p¢rc¢nlag¢ wa5 .16/0 and A.Q' was 115/D. AI G('SE. 52°/o of entrie5 achieved 9-7 grade5. 1 SQ/0 achieved a gTade 9, 940/0 of ¢ntri¢5 r¢c¢iYed a grad¢ 94. External ypeAkers: Our Sixth Fonn General 8tudie% Proyamme continued wilh irt%piringtalk% from %peakers rangitig Irojn retomied drug dcalcrs io thc Global Presidcnl ot-Dyson Bcauiy. Our annual Sixih Form Inspire Confcrence included ialks from a Humanitarian Aid Workcrio Icgcndarv magiciall. Thc Grcat Baldinil Author 1511s included Clare Furniss. author of 'The Things We Lvdve Behind.. ￿1(h was shonlisted for this year's C'arn¢gi¢ Medal for Writing. d. Globl Cltl£tnhlp Agrd: This PPC. Inilidtiv¢ is (k51gned to promote cultural understdndingy mpdihyy drtd global awarene&%. Students are ertCOllVdged 10 engage ii'ith indil'iduals from differeni naiionalities, learn about Ihcir culturcs. languagcs, and th¢ challengcs Ihcy face as pan oran inicrnaiional coinjnuniry. Company Regisirdtion Nurnber.. 01521832 Charity Nurnber.. 281242

virwalS￿natUr￿Tr￿n$a(a￿?Th Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 Multicultural Week: Our EAL depi organised a MuliiculDJral Week which enabled Students {and 5￿ffl of all nalionalilies acro&4 th¢ %h(KJl to take part in events to cel¢brnte culture& ttHditlOll5, food. etc. frorn around th¢ WUTId. Sport: Our U16 girls finished rnnners up in ihe LTA NaiLonal sCh￿Is Finals. Ul 8 boys finished 7th and U16 boys finished 4, PPC hosted an U16 75 Rugby Tournament. Art: Scholars took pan in 'Tomorroy' io be Brave collaboralion. a project run by Bath Commoiiwealth Suci¢iy to c¢l¢braie the contribution of women in wartirne. Visual Art5 dq)artm¢nt organi5¢d a Visual Art% Shc)w¢ase Exhihili<)n_ Drama.. This yLarfs SLllior Play w&s Thc Waisons.. Iu5ic: I'his year's Senior Musical w'as 'The Addam5 Family.. In-￿h0o[ musieal perforniances included.. lullchiime recirals. choir ptrforniances ai Mas5. Ihe anni￿1 Carol SeTViCe. Scliolars, Concen. /.imbe. and'l'he Grand Summer CLinLCrt. Siudcnis frorn 1.3 joined children from across Baih for the 'Hannony Rising, Choir, p¢rfi)rmin¥ in Bath Abbey. Mu4irians al%0 p¢rform¢d u)llC¢TL% in local carelTetir¢ni¢nl hame. CCF and DofF... CCF Novy luok part in ihe CCF Naiiunal Sailin¥ Re¥dlth fur ihe firsi lime and iouk ITlPS to BRNC. lor basiL training and HMS Raleigh for lis Aleoll weekend. 7 (CF Anny cadets look pan in 3 suininer camp in Okehamplon. In May. the crbiirc CCF was insrtticd by Colonel John Cummins. T)0￿ srudcnts iLimplLILd bronze. silTrer and gold awards Ihis >'Lar. k. Oulre#eh: Evcnl% thi% ycar inLludcd.. 100 siudL'nl.% fr()rn 2 Khools Lomplctcd Intr(￿ULlIon Tcnni5 5e4SiL)n%,' 106 sludinis fttim 3 PTimary schools aitcnd¢d J Mu%ic Day- 150 siudcnts. fT)m 3 primary schools Kisitcd thc Coll¢ue for our Iwo STF.M days. PPL and The PJrJ¥vn SLhool hvsied 3 MJili& Challen¥e days for ieaims frum tl SLh(iol% Iycars 4-61. C.hxrit): The %tiidcni lcd Chariiie% Cnmmitlcc ral￿d ovcr £l.l.(KMI for ihis ycar'% %chonl charity. WTlt%hiTC 4ind Iliith Air AnibulanLe. Hunon House studcnis Tal￿d 16.(K)O for SaTU)Thii UK by running Ilic 14#tl) Huir Mni extension w'hich is duc to bc coinpleied by January •026. Queen b'.IiT.abeih Day- Th¢ sch￿) ran its third Queen Elizabeili Day (OE nayl on June i o¢h where Ihe wholc School oftcrcd a day of 5erYir¢ to the loral cofftrnunity_ With year5 3-6 going offsite to 18 chaTitie5 and or¥ani%aiion% acro￿% Baih and Bn%ioI. PUPLl% ertjoyed helping out athd lendin¥ a hand. Squirrel% pupil% held a ILa party lordotncsiic sian-and Ycars Rccepiion ioYLar2 held a panv for grdndparcnls and cldLrly rclaiivcs. f. Charity. and fundraising: Thc School, assisicd by thc PTA. suprrf>rred inany of thc QE Day partne￿ in 2025 raising oi'¢T £12.000 in iotsl with half of this being donated to rhe vaTiOUS chariry partneTS. The PaTagon a150 worked c105¢1y with Twerton Infants School io fundT315e to PTovid¢ iteims for ili¢ir Reef Rooin, muLh-needcd w'ellbeing 5paLe. Boih QE Ddy and the Twerton story w¢re covered in loral pre&s. Hollday Clubs.. Holidaj clubs hai'e beets successful and busy thisyear. Cookery Club is i'ery wpular and aiiracis pupils froni man! diftercjii l(Kal schools. lasier alid Sumn]cr clubs ￿'Cre hcld ai Prior Park Collcgc due to building M"ork and so ai a reducd capacity because of ihe siz£ of Arundell House but should return to full capacity1201 w'hen the build ha5 fJnished_ Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242

virwalS￿natUr￿Tr￿n$a(a￿?Th Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 7151 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 h. School Re5identia15: The following schiM)I re5idenrials took place during ihe Summer Terni.. Year6 week to PCIL 141¢ af Wi¥ht. Year 5 to Bay and Year4 to Mill on ihe Rwe. S¢hool Trlps vlsltors= Sch(x)I I'l%il% i(x)k place lo ihe fullvwin¥ venu¢%". Bath Lilerdture F¢%lival, Baib City Farni. ThL Hcrschell Museum, No l Royal Cresccni, Bristol M Shed. Brisrol boar rours, The Victoria Art Gallery. I lanley F'arm. The Roman Baihs. Lansdow'n ballle fields. Well0￿ Long Barrow, Avebury. Swindon's S'I'EAM Museu]n. Alexandra Park and a cycling irip 10 well0￿, and back for Year 6. IN'orkshop5'. Staff held 5¢veral ￿'OTkshop5 onsi1¢ to ¢nhanc¢ topic WOTk, including RoThan and Anglo-saxon day%. Ili)rld Boc)k Day and Nationxl Poeiry Day_ Design Technolo￿.: YLar 5 wcre inviied io spcnd ihe morning wilh Rob Faulkncr and his team ai PPC in JunL, dLsigning and making a haThdy stationery holder with a phoio frame. The mornings were really enjoyed by all. C'ookery was introduced io the l)I" curriculum with pupil% making bread. buddlia bow'ls. fruit Salad, and designing 5andwiche5 Wlth new ¢quipm¢nt funded by the vfA. Pupils also made bird houses. bird feeders and %pac¢ Tal'eT% ob'er The ¢ouTre of the year. lusle: Saw the cvnlinuaiioth ()f iheYvdr3 Sinn¥s piv¥ramme and Yvdr2 recuTders. YeaT 4 Irialled a 'IniLlbrass iniroduLiJon and perfomied M'Llh Prior LhoiTS and n)usicians in Iheir Ztmbe concert. Year 5 participaicd in Yoiing Voices in Birn)ingham. Sc¥'erdl concens ￿'cre held for paTcnis. including a C.aToI C-L)nLen, a Spring Concert. piano concen& an Arts Showcase. an end of year concert al The Paramon and a 'PiLniL PrLim' un IhL14L%¢ Jay of Icnn. Thc Piira¥on'% .%LhLK>I Lhuir, Juyful Noi5c bruuxlil liuJnL thc Lup fur '%irtb)irtgT in ihc round, in M)Tcb from th¥ mJd-Somc￿I Fc%tival. m. Art: Pupils ioniirtued 10 produLe exL¢ll¢rtl artMOTk, seH'in¥ and wiiery proje¢is which are displayed around Ihc %Lhool. This yearf% show'pieLCS WLYC largyc Monei canvases ercaied by Tr'car S and creaiivc iitsyc￿ painied by Ycar l. onc of which w&% ch(Iscn for di.%play ai The Royal Acadcniy. Young Arti¥i% Suninicr Show. Thc any allcr 5Lh(M)l art Llubs inLluding policry and Se￿.1￿￿1 Lx)nlinue ILI bc a sucLc¥s. willi a wailinkj list. Spori: A bu%y ycar vf LOmPClilive and fricndly M&￿-he5 for pupil.% in the Prep. wilh an cxLilingT inir(yJuLliun 10 %pori lor pupil% in ihc youngcr yeaY¥ who enjoycd parkour, gymn￿11¢$, ball skills, aii(I Icarnin¥ how 10 ridc b￿lI￿1n￿L bikL￿. ThL' yLar ¥iart¢d ￿l¢h a syroup ol. YL'.Ir 6 LhildrL'n fonnillb1 IliL' ofiioiiL)ur di BELilI Ruby's rir41 (iallagyhcr PTemicT%hip match of Ihc 4ea%on in Sepiembcr. Thc U I IA Rugby 7% Icam playcd at SioiiyhuTsI 8t M￿￿ry,4 I lall in Lancashire in March. The ug fooiball ream were unheaien in 5 oui of 6 klaine￿ al Miiifield PrLp in Marih. I I pupils frvtn Ycars 5 arKI 6 11)vk pan in Ihc IAPS IriiiililLin al MLiiikioii 8LhuLIl in IIiL buiiirnLr temi. Ycur4 4-6 comp¢icd in ihc Pcniathlor) CJB BTitiAh S¢hool.s Biathlon Finul with lul% of Inedal% and p¢r5c>nal h¢.%Lg In March. Prior Park C'thll¢g¢ htssi¢d sporLS f¢%ii%'als ftsr pupils fmn) Y¢ar$ 3-6, willi ¢oa¢liing in ILnnis. ru&rbJ Jnd nL•ibdll skills. Swnb days for ihL PrL'_Prcp dnd PrL'P WLYL. hLld in JunL- J IovLIy L'iid lo IhL %wriing ylar with pareni %pcciaioT%. Pupil W￿1Cc. Thi% 1% an itnponani pan ofsch(rf>l life ai Thc Paragon and pupil TCPTcseii¢aliN'cs from Ycar 3 UPW4irds 4lr¥ invilcd lo rc¥ular mcclin¥s hoslcd by Sarah Jamcs- Dcpuiy Hcad Paslorul. Tl)I pupilb assist with derision5 aboul Khool lif¢ Imcnws, playtim¢s ¢.) and aye con5uli¢d on their opinion and those of th¢ir pc¢rs usin¥ qualiiatifv'e and quaniiiative quostions. I'efjr 6 plaTr At Julian .Slade Thetre gnd Leavtrs, Certmon).. ThL Year 6 play 'Ruck Boiium, wab hLld ai IhL Julian Sladi ihLairL and was a hugc succcss. Thc Lcaicrs Ccrernony look placc at Thc Paragon with parcnts in altendancc al a 'Picnir PTOrn' All ycar gTOUPS ￿rfornicd on 5¢agc ￿1th Year 6 rcccii'iiig PTITCS. Prlor Park School, Glbr¥ltar IPPSG) Attendance.. Thc Slhool roll avcrdgcd 230 pupils during ihc ycar b. Building: Ok'cr the pa51 ycar, thc ￿h(￿>1 has U[￿crtakcn a range of improvemcnr5, including termite inv¢sligatlOll5. enhanced recycling pr£￿esSe& and upgrade5 lo facililies such as Ili¢ Hall. Draina slorag¢. and lorker corTidoT5. Significant 5uwnrn¢r WQTks includ¢d i¢pair5 to the Lime Kiln 5tep5 atbd acc¢s5 aT¢a5. SCl¢llCe lab %afety up¥rades, reconfi￿r￿lI0n of teachirtg Spates. and i"ariou% ¢l&%%room mainienance and health-artd- safely repairs. Infraslructurc enh2L nccmcnts wcrc also madc. wilh a new powLY cablc tnslallcd in prcparaiion tor fuiurc HVAC sy5tCEns, along wirh rcplaccjncnts of watcr hcaicrs and air conditioning units. Additional work5 incliidcd workspace impTOI'¢m¢nts in the Maths Faculty Office and other shared rDollis. Ac8dcmi£s= GCSF..- An imPTe5sive 520... of grades Mere al 9-7 IA"'_A equii'alenil. with n¢aTly a thiTd of all Tdd¢.51320/DI being the top 9-8 Wdd¢s. A Te￿k￿b]e 9].4￿/• of gtad¢s were al d higher-Krdde Tdte vf 9- 4, compared w'jth 670/0 tsaiiottally. and the benchmark MO￿ employers look foron C￿s. While the oierall pass ral¢1g-11 rcachcd an oulsianding 99.7fj.0. Bcyond thchcadline resulis. Prior Park acliicved a valuc-addcd score of 0.7. tneaning that on aN'erage, sev¢n oui of J'try ien grade5 ￿'¢re aboi'e Fischer Family Trust external forecasts, ¢I￿r eTr'idenc¢ of the tapgible Yalue the School adds to each student'5 jQUTney. Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242

virwalS￿natUr￿Tr￿n$a(a￿?Th Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 A Leyel.. Studenis achiev￿ a 97/0 pas5 fdte Wlth 39/0 ai A_A and 85 /0 at AQ all well above UK Naiional trends. An impr¢ssiN'¢ 9200 of.student5 ￿cured their fitsl-choice or insuranc¢ univeTsity de4linaTlOll. including pla¢¥% ai GTUUP Inslitutivnk 600/y of all grade) W¢T¢ one above Ih¢iT prediLl¢d grad¢. Co-currieular & Sport5: (frcU￿leUlar elubs form an integrdl part of studcnt life ai the school, offering a dii'erse range of actii'iiies 10 ensure Ihere is something for every student io enjo).. Opwrtunities include crochet, School of Eiock. fooiball. and volunieering ￿'lIh local chariiies such as Aniinals in Need aiid Tlie Nduiilus Project. Student5 hai'¢ also coniinued ro re￿¢￿¢￿1 the schi)ol in a vaTiety of 5POTting competitions, takin% pllrt in ruEby. football. and neib311 ioutn)methL IM)ih iTh Ciibraltar and a¢mss the Stsuth tsfspain. Charit} & Communih. Attil'iiies: Tliis year. Ihc schiK>l sclecie41 CalpL Housc as its chosen charity. raising rhousat]ds of rrf)unds through a rangL of ei'ents and iniriaiii'es. Including Mission Day, rhc Advent Fair, and bake sales. In addiiioTh. each I lous¢ supponed ils chariry. ￿'orkIng ￿'it11 organisations sucli as Father ChaTlie'5 Soup Kitchen. The Nautilus Projeci. and Cancer Relief. Srudents gcneruusly gave their rime viilunieer. tskin¥ part in a¢iiviiie% beach clean%. pr¢pating food. and painting JnUTal%. r. Cr¢#tl%¢ Aris: The Crtalive Jnd Perf(ITmin¥ Atts Faluliy has deljvered a Nibrnni prugTamme ofevenis and pcrtoniianLLS Ihroughoui the year. In the fiTSi ierni. the Winier Ans Showcase capiivaied audjences. followed in thL second iemi by a pmdueiion of ihc play Chaos. The rjnal icmi concluded H'iih the much-anticipatcd innu411 SuiiimLr Art Showcase. celebraling Ihe laleni and creaiiviiy of ihe sch￿1,5 students. ¥. Frlend of Prlor.. The Fricnd¥ of Privr gr(w havc iuniinucil 10 rni%C Viiludblc fund% through a vaTiCty uf Lven¢%. including b8kL sales. quizzcs, and ¢oifc¢ mornirjgs. Thcse efforts havc enablcd ihLm to pur¢ha%c iipplies lor ihe SLh(wl and pr4)i'ide special ireais for Siudenis. such as J¢¢ creain ill enjoy ai ihe end (¥f Ilie Sujnmcr Day of Spon. PLANS FOR FUTURE PERIODS The Bo(IfLI ol. TnL%li¥s intind4 10 ¢Ortlinuc its curr¢ni strai¢gy of maintsit)in8 Prior pa￿ Schools posiiion in a hitsihly LompLililiVL' mdrkL¥ipldLe by invL'&lJlIB 10 proviilL hI￿￿u3111Y Lmiucaiion Itir dll pupils. ThL' 13odrd's dL4IEiiILd dircction 10 Ihc ExLcuii%'c for Ihc ncxi oca41cmic ycar i%'ill coniinue to build on Ihc Work siancd follo￿.1118 dcci%ion made by the TnL%I. The Roard conliniie% lo reviey. and dei'elop ils sirniegy 10 ensure Ilie Tru41'4 vision. ILS duLulIun￿ll and paslvrul L)ner. und ils impaLI un uurLvnimuniiy ronains rclcviinl aiid ValUL￿ uvLr IhL iiLxl dlcudc. Thc political and tinancial lun(l%¢ilP¢ fur ind¢pcndcni cducalivn continucs to c the mo￿( ￿l￿nIfIcant ¢han¥c% in a g¢n¢raiion and th¢ Hniird and th¢ F.'x¢¢uiii¢ r¢main ¢ommi¢￿ ¢0 adapiing op¢rations and financial mod¢lling 10 IhrivL in IhL Lurrn'ni inhospiiablL wILILLal ¢Thviri)nmimi. Thc Tru51 plans to continue ils inilialii'c5 to widen acccssibility. The provision of ITai)%formalioiial bur4arics is central lo ihi% initiative. The iM￿rIanCe of Ihe lffliing of our schools, excelleni facililies to OTlieT schools a% w¢ll 415 Loinrnunily groups. clubs ajid other rhariliLs remains of immcns¢ importance in Ihe Twsl's aspiralion5 10 d¢mon4irdl¢ f¢dl publL¢ b¢n¢fJt. Thc 51ralL¥IL LtIlLt]I to build on grLaiLY alignmeni bL%WeLm Thc Paragon School and Prior Park Qollcgc rcinain5 a focu%. The appoinlmcnt of a ncw HLad of Thc Paragon from ScpIcm￿r 2026 ￿111 bc kcy io ihc succLss of this 51rategy. The Board acknowledges the imw)ttantt of providing 5uifici¢nt t¢50urt¢5 for th¢ continuing routine, proadive dnd preventdtii'e mdjniendnte of the buildin￿%, fixture%. fittin￿￿, anil ¥roun(Ls of Pnor Pdrk. School% intluding our heritage. and Cirade l Listed buildings. The Board reLognises ihai the nai￿re ofour hisioriL buildings. particularly al Prior Park Collc8£. offer knih oprN)rlunity and risk. Durin8 ihc coming ycars ihis will rcmain a high priority. The TTUSt does not make applications to cons¢Tuc¢ new building5 unl￿5 there 15 a Strong educational justification. Th¢ C'lassfooTn Project at The Paragon School is one surh projffl and i5 schedule for COTnpl¢lion in January 2026. Th¢ build ￿lI[ vff¢T ¢nhkn¢¢d faiiliti¢s to (Mjr b¢1K￿l dnd th¢ w"Id¢r LxTrmmwJity. Company Regisirdtion Number.. 01521832 Charity Number.. 281242

virwalS￿natUr￿Tr￿n$a(a￿?Th Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P W51 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 PUBLIC BENEFIT ATr4D COMML NITY COHESIO Rellef to Fxmllles Thc Trusi has confimicd its eommiimeni for ihe proi'ision of eoniinued means-iesied bursary funding for pupils wliose parents w'ould oihenvise find rlie cosi of an independeni school educarion unaffonlable and of continuing tnealls-tested bursary 5UPPOrt for pupils already in receipi of fee assisthnce Ihrough bur&8ries. Bursaries are means-iesied awards de%i%thed to assist pupils who otherwise would be unable io afford a Prior Pa]k Schools LduLaiion, or for currcni pupi15 whose paren15 have diificuliy funding ihc (ees following a change in family circuynsiances. Ihertby providing educaiion continuity for the child. The TTUSI i& continuing ils ¢tTorts to rais¢ fvnds. for transfoTrnaiional bursaries. Thesc bU￿ric5 aTC qulte oftcn in exce4% ()f l<)Ots/D f¢e remi4ion which help4 u)i'¢r the ¢(L%L% of unif(ITtn. %chtM)I trip% and ¥'j4lL% back h()Ine. The TTUt pdrlners wilh the LhaTily. Royal Naiiunal ChildrtTr's Spnn¥b()ard Foundkniiun. who help idei)lify and prepare deserving young people for a fully tunded place ai a FKMrding school. The cosi of one of these bursaries is more than £1 10.000 and ii 15 hord thai e%'ery year. a young girl or boy will be awarded this life changing opportunity. Contrlbutlon to th¢ State During Ihc pLYiod. PrioT Park Schools educati￿ a iotsl tsf9￿ locally ba5cd pupils at no cost 10 thc sthic of cither Ilie UK or (yibralijr. Thereby saviog Ihese (ioveminciils # iombined ioial of approxli￿atelY £6.5 millitsn in eduLaiion Losis. 140cAI Communliy Cohe510ts Indwr uutdwr laLililie4 arc nwmally made available Iv approximaly 20 Clubs and six grvups within ille loc#1 communiiy for ihc dilvan¢¢m¢ni of Chrisiian ¢duciilion. .ocxl Comrnunlt%': ML'mbL'rsofall IhrLL' SLhLMTrls play an aeiivL ry)l¢ in IhLir l(Kal cuininuniiiLS by iakiiig pan In c%'Lni% dt IoLal C'hurchc%. pJnieipJiing in Ihc Duke of Edinburgh'% A￿ard schcinc and nuincrous chariiie%. The ￿h￿OI a140 supporLS also 4urwn.% Larkhall Aihleiic (iirl4 Fooiball Club. a cluh Ihai pr(?￿1￿￿% 41 bufi and rcwardin¥ cnvirontncni for %irl¥ 10 dLvclLip ILI Ihcir full abilily in fooiball. b. Outre4eh.. Clas%c% from a local pnmary school visit¢J PPC for an Intrt￿￿Cl1Un to Tenni5, during ￿h1¢h th¢y w¢r¢ Irain¢d by pmf¢ssional ¢oa¢h¢s fmm Haili Vnii¢rsily. Approxli￿al¢lY 2(K) ￿tudentS fmn) ¢lir¢¢ IoLdl primdry &Lhwls VLSIILMI ihL CollL'bVC for our Iwo STEAM (LLYS. ThL YL'dr 6 Llass froin a IoLal priiiiJry SLhool alt(ndL￿ an Art Day ai (he Collc8e. PrLOT'S Mu%ic dLTI ￿lS11cd l(ILal priinary school% io run workshops and Bll'c concerL4. Sixih foTrn.4tudents from Si Ijrcgory's joined Prior sludcn15 for OUT annual Inspir¥ D4ly. and 51xih form sludcrbls froin local sclii)ol w¥rc also invilcd lo Prior lo all￿1d mock Oxbridgwc intcTh'icws. IlJih Siudcnt PaTliamcnt di5CU55ions, Mcdical Sori¢ty Iccturcs. Local Edutstithn Suppiirt: Pri()r Pllrk Schth)ls ￿orkS with Si John's br>undation. & community fn¢us¢d Ili&iriiy workiii¥t IL Lross Bdih and Nonliidsl SoinLfscI. OnL of ihl QhJrity's aims is 'NJm)wiiigy iliL aiiainment gap tor KLY Siagc 2 childrcn in Baih and Nonheasi Somcrscl.. Prior Park Works with Si John's to pro￿.Ide a ￿.￿rICty of opportunilics for thcsc childrcn. such a5 thc annual 13c 111spircd Nctball Day. The day includcs iask5 and game5 ¢hal arc dc5ign•J to cducatc. 5upw)n ￿¢1Ib¢l[L8, dcvclop teamwork skills artd %lf-¢fficicn¢y, as well as build ronfidcrtrc. T¢3m B3th N¢tball pl0￿7d¢ the actii'itl¢5. F.m¢r¥ini> Buryrles: The sLhiwls ri)niinue to Prior Park families who have fallen into tinanLiil1 dil'lLLuliy by using donated funds. port5 Centre: Trie Bury Spons Ccntrc is used 7 days a week by community groups of adult5 and children and activity provider5 w'iih over 20 difTeT¢nl user group5 and club5 froin Ihe COTninuiiily liiring th¢ facilit1¢5 foT 5POTts surh as football. basketball. cricke¢ netball. hockey together witli birthday parties. C.rltket & Rugby: The excellent fatiliiie% and fitsi team pitche% have ben made afvailable to local team 10 LISC as alld ￿￿Lt) availablc. Crickei hosied regularly Ihrough ihe summcr scason. 9 diffcrcni clubs ljave hosicd tixtures thi5 5cason. Baih Rugby foundaiion uscd approximaielv oncc a inonth for Sunday training hen Bath Rec is unavailable. The BaTbarian5 hai'e accessed training on nionument field. 'eddings- We h05t up to 15 wedding5 per Y￿r. welcorning (A) io l?0 guests ai each special occa510ll. dllvwing them to ¢rtj(Try the wonderful SUTroundings and VI￿ at Prior P￿k Coll¢¥e. W¢ hdV¢ r¢¢ently been granied a CLviI ceremony Iicence and are pleased ￿ weleome couples from all faiihs and beliefs to gLI M￿1[ric￿ wiihiji our MaJisioJi Housc. h. Smmmillg Pool: We h05t ihree local clubsper ￿'eek prm'iding swirnming les50n5 for children and adults acr05f a117 days. We welcome ovei 51)0 children pu week to leam thi5 e85ential life skill. Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242

virwalS￿natUr￿Tr3nsa[thTh Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 10 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 We also welcome 4 IIKal primary sCh￿]S to use our SWLillrnLng ￿01 fortheir le550n provision. Bath Sea cadets for 1.5 hours per week from (krobeT lo April. providing educational prograIMtne￿ and training for wdl¢T %W)rt dLliviti¢s inLludin¥ kayJkin¥ and paddle bvar(Iin¥." Bmih Sub Aqud Club use Ihe puvl w'¢¢kly and regularly on ￿LekendS as pan of iheir dclivcry of the PADI iraining programmes. Waicrbabics use Ihe p)ol every Friday for 2 hours. Il's hired for oi'er 30 hours ei'eTr ￿e¢k during iemi liine for Provision of switnming lessons 10 ihe local cornmuniiy. We also hosi lifeguard ￿ld swim teachingy irailliiig courses. Manilon Hou4c Acil%'ltle5- We ha￿'e h05teil a i'ariety of eients at ihe Prior PilTk College Mansion Huu5e. Ili)win¥ I(￿#] Tt%idint% ¢njoy the %dtings. Celebraiion )f Life. Teddy Bear Picnic. Chi)iT%. ¢on¢erts. Fuiurc Lvcnis in (he calendar Jjiclude M LSSLX WaiLr corrM)rdiC iraining in our Thcalrc. Pcrpciual Moiion 24-hour endurdnce race. WOW. Wedding Fairs in Oaober and Febn]ary, Finch Music L'hoir, Ilandful Choir. Finch Music. West of k.ngland An5 and Music fesiiN'al for Ihe Priniary Ilig Sing. We also plaii to ottcr Sunda}. iificTno(in PilTking fL)rNaiiL)nal mjsi vi5iiors. House Toursand Aftern￿ll teas on OUT PoniLo. Fo¢u$ C.ouns¢lling rtttu#l nighi: Il'¢ hts%ted thi% %pecial event al Pric?r Park Callege. h¢lpii)¥ to Taise funds foT LhJrily ILTkTdine In ?025). Apptoximaiely 80 ¥uests ainded ihis frte of charge event, raisin¥T tnoney tor IoLal Loinniuniiies. k. Heritagc Societ).: Thc schi)ol's Heritsgc Society provided frec orbline seminaTS and discussions about loLul hisiiiry ￿7nd WUS <lCC¢S5ed by local groups and individuals in Bath and beyond. Summer Campi.. During ihc SLhool holidays we ho%1 I￿liv11Y and tcLh wclLoiMing around lllLgpi liir ￿￿th I1)L￿11 uThd inlcrnaliLinal childrcn. Thi¥ includes Ihe icacliingj Lif F.ngJlish LdngJuagTC und uLLe%i lo thc l(Kal rc¥ion vf BJih <ifMI bcyond. In 2026 we hope ￿ welcome the additivn of the Bluc Li¥hi Symphony nr¢hc%tra for a rcsid¢rtiial w¢ck. RefuLpee .Support: EvL'ry SundJy WL hosi a Ukrainian S¢h4)ol in our ¢lassr(y)ms. Spons C¢nir¢ and bir()undN. %uppc)rtLd by Ihc Culiurnl Links C'omrnuniiy. Ci)mmunit)' Troothll: I la%'in&7 Tecenily invesied in new flIMMlli8lits for the AstTO-pilch we look fnrward lu wilLvming ixiiiin¥ a[￿ ncw clubs. Iu sharL Liuf illlpTov￿ faLililic5. WL huvc LUlllii)iIILd to il n¥w fuviball p(lrtncrJhip wilh Fr¢shford Jur)ior FC. which will sec Ih¢m prokidc trainin￿ 3 nigh1% pcr Wcik for a rang¢ of ag¢ gmup %qUrfids. W¢ ha%.¢ ofv'¢r 12 hours a w¢¢k rTrf3¢11i1ty on our impmk¢d ll<)odlil A4iro wurkinbr wilh TL￿ Baitl BuLLdnL*rs and Freshford Junior FC. WL, arc LurrLnily workinsy wilh FrL'shfL)rd Junior FC plannin8 a IOUT lo CJibTaliaT in summcr 2026. vi%ilin8 Prior Park fJibrJltsT for coaLhinbT and FINANCIAL PERFORMIINCE A summary uf the finaniial rl￿￿11$ for ihl year sei our in ihc consolidaiLxi siailmicni or rinancial aclivilies on Pagc 23 ofihe Financial Stalcmcnls. Thc kcy financial indicators arc de￿iled klow.. The Group achicvcd an unr￿trICI¢d fund 5ury>lus during thc ycar of L135.1)0811.¥ /0 of nci fccsl12024.. £1,7(18.153I. Thc n¢1 mo￿"¢m¢￿t 111 r¢5knrt¢d fvnd5 W35 a surplu5 of £267.5.19 1?Q24.. dcficit £.l(?,525}. Ther¢fvre. the toial nei ith¢reas¢ in resources the y¢ar was £602.547 12(J24.. £1.731.6?8}. b. The movemcnls in fixcd assets during ihe year are sffl oui in notc I I to thc financial staiemcnt5. The (iroup spent £lJ42,893 capital expendilure during the y￿¥ (2024.. £2.011.0391. Tn the year ¢nded 31 Au¥us1 20?5. me3ns-te%ted bU￿rial M"Ith a ialu¢ of £611 J36 17024.. £569,439} (including awards ot'£217.147 12024.. £168.1631 from resiric1L￿ and dcsignaied fundsl iicr¥ iijadc. A iolal of64 12024.. 671 pupils bL"ncfiicd from itLCSC aw'ards. Thesc aw'ards hclpcd io widcn accc55 to Prior Park Schools and helped support 50Tn¢ current parents with payrnent towards their children 5 School fee5 duTillg 2024125. The Ttuslees intend Iv rvnlirtu¢ to allorate a significant bud¥et lo the piov151Qrt of m¢ans-t¢.4td bll￿ry support available to pro%pective applitanis 10 Prior Park Schools. The fjnancial sllpport a￿ailable rdnges from 5Q/o or rees lo. ill ¥xccplion4?I circumsi42nccs. IlX)P o of fces. dcpcllding on llccd. Prior Park Schools ioial incomijig rcsourccs limit the oi'¢rall leN'el of 5UPPOrt available. The imp05iiion of VAT on school fees has seen SOTne fatnilie5 in our UK schools requiring additional fJnanci315UPtKJrt as ihe impact of this neiv tsx education 15 felt. Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +010 114 P 11154 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 RESERVES POLICY It is ihe g¢n¢Tal p()li¢y of Pnoi Patk Edu¢aii(N]al TTus1 t(1 apply a5 much (Ifth¢irsutplus funds. as wssibl¢ iowar(l¥ its chatiiable objectives and 10 avoid accumulating excessivc reser¥es. Whcre considered appropriaic and bcing conscious not to over eommii ihe Trnsi. knrrowings are also considered ro fund eleinenLS of significant capitsl projects. In sei¢ing ihe [￿e[V¢S policy. account is taketh of the Trusi's ongoing fJn3n¢ial ¢ommitsneJit in iemhs of sta￿l￿g, projcLIS iqnd OVLrhcads. including (he mainicnancc of lis esLgies and buildings. The Trusi also cotjsiders ihc risk Ihat its illcome for any panicular year may be impacted by a Thumber of taeiors ourside of its control such as political and economic changes. legislaiion in the indusry ar￿ changes in the educarion sector. The Tru%iee%' N)li¢y i% to en%uTe thai there i% a ury)1￿% the wirestricted funds each year. t(} be applied f(>r further Ltipiittl In￿e￿lment In s¢h(M)I facilities or in ihe rtduciion or t%)￿￿win¥S. The TTusiees' ajm is fuT an annual unresrriLied tund sutplus ot. IOD/o of total nei income to be generdied each year io allow for re-investineni into the 5chi>ols. Thi5 policy is SUPPOTred by external finaThcin8 as and ￿'hen neeessary. allocated to specific capitsl PToject5. Having Lun%idcrcd thc above faLlors it is Consider￿ pwdent ￿ hold unrestricicd free re5eTve% at GrL)up Icvcl uf a minimum of onc limi's essential Nnning ￿$￿I£6.2￿11. Based on th¢ position a$ ai 31" Augusi ?025, Ihc Ciroup's rree reserves curTenily exleed ihig level. The Irusiees are Lvnsidering Ihe use of ihese reserves 10 fuiid ltipilal prujcLts in the near future anivor to cThsure suffieienr cash flow to copc wilh any future changes io the Independent School markct. Frce rcscrve%, 4Jclined by the Charily Commi%¥ivn. arc the undc%i¥naitrJ general fund% vf the Charily ¢xLluding Ihc luDd% ini'csicd ID tJDgible fixed &%SCls. If ihi% adju¥imcni 'a5 madc 10 ihc ts¢h(K>l'% unrtsiri¢ted re%cn'¢s, (he would rc'm￿lin Stndll surplus of io.8m. whiLh is IyPiLal ofmany IndLyndLYII SLhLM)Is. Tliis is duL 10 IIiL' lur continuinbT capital cxpcndiiure out of TCLLined Te%crvcs. Thc born}￿'Ing5 ai Prior Pork School. (iibruliJT urL ai le￿e1 w'hich the Trusieeq are confideni can he serviced. lTr&%ed on CUTreiii c&%h floii. pmjeciion%. The Tni%lees are LuinmillLd lu improvin¥ ihc livil uf rc&crvcs alross IhL (iroup and will aim lo do ihib through thc dclivcry or unnu<il tiniin¢iiil %UTplu%c$ in ¢a¢h school an(J acros% ihc CjTOUP. ThL TrLisiees LoniinuL' 10 suppon ihe Prior Park 8L'hools 2030 Bursary Fund wilh Ihe long-ILnn aim 10 build bur.%ary fund of £IOm by 20.10 10 &s%i.%l %omL paTLni¥ wilh thc paymLmi of%chool fecs i'ia buriarial %uppon. This fund cnn4i.41s ora mix of Dcsignaied Funds from ihe Trusi and Rcqiriclcd Funth froin donors. Thc bom)wiiig$ 10 rinanLL ihl buildin¥ pro¥ratntn¢5 both al Prior Park Lollryc Prior Park khool. tiibraliar arc al a ICVLI which the Trusices are ¢onfidcni can be s¢Th'i¢¢d, based on current C&5h flow proJ¢ctions. All rL&ifiLtL.d funds la& higthlimihiixi in noiL 22 10 ihe aceountsl havc Liiher already been spLmi on dcvLlopinb Ihe schools or are tully commiiicd 10 particular projects such as bursarial support or laciliiic5 dcveloprneni projccls. Thc Group balance 5hcct 5how5 langible fiKed as5¢ts of £20.720.26512024.. £20.122.9541 bu¢ Ihc iiiajority of these ould only bc r¢alis¢d by disposing of fixcd a55d5 h¢ld by Ihc Trust. pnncipally th¢ fvn¢lional land. building￿ and Infrastructure from th.hiih the TnLs1 ¢arries oul its a¢iivities. Ir*VESTMEYTS POLICY The TTUSt'5 ItLV¢Sttn¢nt strdtegytr ￿lIcY and inv¢stm¢nt ￿[oT￿3￿c¢ 15 moll1tor￿ by th¢ FAIR comrnittee. The Tnfve%tmeni Policy 1% revi¢wed athnually and FATR monihly and quarterly performance reports. The prin¢iple vchicle tor thc inyL￿tmenl is via a fund managed by Sthnhopc Capi(al. Thc Trust sc¥ks lo produce Ihc ksl f￿anCIal rclurn w'iihill an acccpiable and optimiscd Icvcl of risk. Thc inve5tinent objectlV¢ LS to generate a return in eKC¢S5 of sitnilar benchmarked funds and the perfotJnance of the fund is mea%ured 2gairt%t %uitable benehmark% on a 4uarteily basis. The TnL%i wants to 2chiewe a Fund value of £IOm over ihe lortg iemi. The Trusi relies the inwestmeni reium io Inerease the ioial ￿alUe of ils Fund and its ioial rcturns io cnablc appropriaic cxpcnditurc ￿ be madc. The Trnsi's asscts ean bc ini'csicd widcly and should be dii'er5ifJed. Asset classes include cash, knnds. equiiies and pro￿[ty. FAIR 15 eharged with agreeing a 5uitsble Company Regisirdtion Number.. 01521832 Charity Number.. 281242 10

virwalS￿natUr￿Tr￿n$a(a￿?Th Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 12 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 asset allocation strategy with the investslleni managers. which is sei as to achie￿¢ the overdll Trust investment objective. Th¢ TTUSI is expelled tv exist in p¢tPEluily and Investm￿1￿. sh()uld be mana¥¢d tts m¢¢1 th¢ itJvestm¢ni i)bj¢¢tive and ensurc this susiainabiliry. A long-iemi ini'esimcnr iimc horizon is adopicd. The Tnjsrees wish thai rhe Trusr's assets are inN'esied according to ethical and eni'ironmenLg1. ￿cIal and goi'ernance IES(il policies. The Trustees tnay from lime to lime give addiiional guidance regarding other invesimeni seclors. FUNDRAISINC. PERFoR￿lANcE Restricied donaiions iotalling £482J70 12024.. £438.379) and unresiricred donations ioralling £121,188 12024.. L24.311)I were either receiN'ed or pledged during ihe year. The donatioD.4 received during 2024125 liD¢ludiDg gift aid wbere applicable) Can be bTokeD down as f(>llow$'. Bursary dunaiivns of£211 ?05 The Greatest Nttd Fund donaiions of £121.188 Thc Paragon tk"%'elopmcni Fund donations of £108.867 d. C'ollL'gr¢ Swirnming Pool Fund donalions of£104.385 Cyibr<iliiir SPCY Fund dun411ion% of £51.446 FLr¥u%on & Fisher Am'ard donaiion$ of £3.311 g. (iibraliar FJLililie$ & F.venis donaiions of£3.5 Thc TTU%tcc% havc complicd with ihe fiindrdising rcgulalions in thi% re8ard by taking Ihc follo￿ing stCPS'. Fundrui5in¥ is lcd by Ihc in-huuse r)cvclopm¢nl r)cpartineJii wilh no fundTdlSing aLliviiic.4 Larried uui by unyvn¢ dLtin¥ vn il.% bchalf linLludin¥ profcKsiL)niil fundrai.%LY% ()r Lvmincrnial partlLiPiilL)rs1, b. Th¢ D¢vclopmcni Dirc¢ior 15 a m¢mbcr of ihc In%liiUl¢ of Dcvclopmcni Profcts%ional% in Educaiion IIDPEI. Durin&r the ycar no cornplaint% WCTC received in relation w the eonduei of ihc Dcl'clopmcni Dcpartment .Ind..'i)r ofany fiindrdi8in￿y aci11'11ies iindertaken. 'rhL Trusi lakcn Ihc followin¥ prccautions lo cnsurc ihal vulncrablc pcoplc arc prolcLlcd frLiin Ihc lullvwing.. Unr¢a8onabl¢ initw$ion on a pcrson'$ privgcy - no cold ulling by s¢aff mcmkrs to ¢nquir¢ aboiii dondiions. UnrLawnablL pcrsislcncy - opi in and opi out options arc provided to donors and polcnlial donoT% to en.4ure Ihey art Proiecied. Unriasonablc prcs5ur¢ on a pcrson lo ¥ivc money or oihcr propcrty - Ihcrc is a formulalcd ask And individual ¢uliivaiion strat¢gy agreed with the Chi¢f Opcrnting Offi¢cr, Finan¢¢ ond Trusi¢es. S172 STATEMEPIT Scctinn 172 nl-thc C-ornpani¢s Aci 2006 requires the director5 to ac¢ in the way they consider. in good faith. would bc Most likcly to proTnotc thc 5UCC¢5s of ihc charity to achieve its charitable purr￿5¢5. The Act States that in doing 50, thc diT¢Ctors %hould hai'¢ regard. 3mongs1 othcT matt¢ts, to- The Ilkelv con5equentes of ani. decision in the lon% lerm: All dccisions takcn by thc Board of Trustccs arc bascd on Ihc long-lcmi objcciii.cs and oierall 5usiainabiliry of Prior Park Schoo15 as defined in the objec15 and mission stalemenl on pagc 3. The Intere5t5 of thE ¢ompanv'5 emploi"ee5: Our acwkmic and sUp￿rt staff are integral to th¢ ongoing %ucce%% of tlior Park Schools and iheTefore they are ¢onsidered ai the forefront in any decision making bv the Erf)ard ol-Trustecs. Rigular WLllbcing sur¥cys arc conducicd amongsl lo gaugc thc fcclings of staft togcihcr with annual updatcs from Trusiccs atld Senior Nlanagcincnt aknut the position of Prior Park Schools. Staff r¢pTesentatii'e bodi¢5 W¢Te set up to aid in the consultarion process arouiid the TeacheT5 Pen510n Sch¢Tn¢ and Acad¢tnic pay scale. The Theed to foster the ¢ompani's buslntss rel&tlottsh5ps M"Ith suppllers. tustomtrs others: We llnder%i2nd thai Prior Park. SchiM)Is are an irtiegrnl part of Ihe local commllniiy of Bath 2nd CJibr2liar and IhcrcforL wc work to build rclaiiojiships wilh I(￿￿] supplicrs in all areas ofbusijicss ijicluding Iransport. catering and printing. W'e have a strong mUDJal relationship with all parents and pupils and this is then Company Regisirdtion Number.. 01521832 Charity Number.. 281242

virwalS￿natUr￿Tr￿n$a(a￿?Th Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P IW54 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 continuedorhcea pupil leaYe5PTior Park Sch(M>ls the Prior Park AIuTnni Association and Development departm¢nl. The Impxet of the ¢omptt¥'s optratlons ott the Commu￿1Th, attd the ethilronment: W¢ ar¢ 4)f our foorprinr on (he local arc8 and strive io bc morc eni'ironmeniallv friendly. Ile ha￿¢ Teccnily sci up Eco-Prior wilh a number of pupils io lielp raise a￿arent$S aiid deielop Ilieines such as.. reduced printing.. recycling of wasleand reducing eleciriciiy usage. We alsopr￿lUcean annual SECR repori w'liicli provides an aDnu¢il %￿n4C chcck of prugTeSS ID ihi% arca. Th¥ deslrbilit)' of the ¢ompan% mini#ittlng # repui•iloth for hlgh si#thd#rd$ of bu$lne$s eondu¢t: As a scliool WL LXPLLI a Triigl) siaijdard of biliai-iour (rojn boili staff and pupils. Tljis Js rcflLciLd Jii our rangL of policies, which ari Ihcn intorcLMI by senior managemeni across each school. We work in Lgndem with a number of suppliers and ensure ihai they are ireated wilh respeci as an equal partner to en5UTe that our rcpuiaiiL)n 1.4 rniiinlaincd in all arcas. f. Tht. need to act fairli. as bclii'etn ￿e￿berS of the tompany.. We aim to be a fully inclusive organisation whiLh 1% rLIcv<inl <lLLI.4%ibli Ic)r illl. ￿'C aim i() i)ITLI a Pri()r Park c(IuLdtiUD U) <1 Dwni￿r L)f LhilLirLn ho wouldn't oihLnvis¥ bc 8bl¢ 10 a¢¢¢ss 1¢ 1.18 th¢ a￿ard of bursary funding. WL op¢raic wilh I￿al ov¢mLinie Lommiiiees 10 ¢nsur¢ ihai Vd¢h s¢hool Is PTopeTly and fairly repres¢iii¢d in all d¢¢isions. We will not unfairly dis¢nmiThai¢ against aThyon¢. and this is r¢tl¢¢r¢d in our rang¢ of polJ¢i¢s. PRINCIPAL RIS￿￿ AND LNCERTAINTIES The process of identifying and &ss¢ssiTh8 risks. then miiigaiin8 them by ihe ¢sublishmeni of appropriate conirols, is Loniinuous. MuLh of Ihis iask lies in the ha[￿S of ihe sialTarhd execuiives ofeaeh Sch1￿1. bui key arrangyeinenis e%tabli%hcd by Ihc Trustec% includc.. Tru%iLL rcvicw. of monilorin8 and ovcrsccing risk managcmcni falls undcr ihe rcinil of Ihc FAIR C1)M￿lite¢. The niainienance of a ¢able of sirniegi¢ risks. regularly rtviewed by ihe leadership and Truiees. Comprehen%ii'e.%lTaiegi¢ planning. budgeting and management accounting. A Tolling programtne of financial manaBemeni sy$iem checks by exiemal audiiors. in addition to the uudilin¥ vf aLLvullii. E¥labliihLxi UTganibaiional ¥ifuLlurLs an(J lin¢5 Lbfr¢portiiig. A LuinpT¥hLnsiv¥ ran¥c of wrillln poliLliry. lailoTC(J lo cnsur¢ complianc¢ will) Co1￿￿1Y. Charily and Edu¢diional la￿ dnd r¢gulaiitsns. V¢iting dnd int¢Th"i¢w pro¢¢Jurts as r¢quired by law for the proi¢¢tion of pvpil$. ThL TruslLLs JfL satisfiL￿ Ihai IhLfL LS a suiiablL risk inandgLmiLni pruLLS5 in plaLL 10 pldn and IniligalL all mdjor ri5k%. This includL5 an annual TCVlCiI' of thc risk managcmcni policy and plan and SCTuiiny ai boih th¥ lichool ex¢¢utiv¢ l¢v¢l and at by the Tr'AIR Commillce. Ilowever, sys¢¢m5 and policie5 ¢gn only provide reasonable, not absoluic. a5buranrc thai adv¢r5¢ ¢v¢nis will not orrur. The key risks idenlifLed inLlude'. IXTIRNAL UNCIRTAINTIIS lrnpacl of ongoing global ¢conornic and g￿￿1711C31 uncert31nly. Th¢ changr in UK Govemm¢ni and the imp3rl of polirie5 on ih¢ independeni 5¢¢10r with the introduction f VAT vn f¢¢s and th¢ Iv55 vf Bus1th¢55 Ral¢s R¢li¢f. InLr¢&s¢d sophisliralion of Lyb¢T-allarks dnd w)l¢rtlial Lo rreal¢ busine55 continuity 155U¢b. Bvarder Ireaiy beiweett Spain Gibralizr Lreaies opportllniiy bui Larries risk from aLC¢S% I inicrnational schools in closc prnximity- FINANCIAL RISKS The range and quality of indqKndent sch(K>l places in Bath create5 a highly corN￿titive rnarket and the Impail vrt r¢lvnliurt and ￿T￿lImen1 vfpupil. Sihvvl fe¢5 dlfvrdabilily beLvmiTr¥ an In¢￿￿$]ng facior for POi¢niial artd ¢XiSiLn¥ PaT¢nts. flvm. TnanJ¥eTnenl linked iv c(Trll¢ciivn of ￿h(￿l fees. Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242 12

virwalS￿natUr￿Tr￿n$a(a￿?Th Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 14154 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 GOING CONCERN Aft¢1 making aPPT()pfiai¢ enquiTie¥, in¢luJing a ￿VieW of ih¢ la*51 finanLial consid¢tation ofthe imp&i4 ¢)f impending lax chan8LS, and furure projcciions Iihree-year bud8eis for e8ch school and the Group as a whole) the Tnjstees have a reasonable txpecthtion rjiai ihe Trusi has adequate resources ro eontinue in operational existence for the foreseeable fuiure. The TTUSt has a healihy reserve positioll, and wilh liquidiry of a55ety steady pupil nurnb¢TS and a c05t base which is urtdeT ¢()nlTthI. the Ciroup remains in a Sirtsng finaJJ¢ial wjsilion. For these reasons, Trustees continue to adopt rhe 80in8 CO[￿¢M basis in preparing the fJnaThcial ststemenrs. DIRF.CTORS' INDF.MNITY IPISURANCE We Lurtfimi thai Dire¢iors' Indemnity Insuiknnle was In plate for Ihe 20?41)5 aLadeiniL year tsnd b?vin¥ fonvards. This is arranged through our broker Hellle Andrews with the coverprovided by AXA Insurance UK PI¢. Company Regisirdtion Number.. 01521832 Charity Number.. 281242

virwalS￿natUr￿Tr3nsa[thTh Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P IY54 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 STREAi¥ILIYED ENERGY & CARBOPI REPORTIYG FOR PRIOR PARK SCHOOLS IUKI Energy Carbon Report Th¢ fulluwin¥ infvrJnalion ¥umynatiS¢5 th¢ ¢n¢rgy and ¢artK)ll ¢miS5iVn5 fvr Privr Park Eilucalional Trusl, t¢qUlT¢(I by The Cvtnp41ni¢¥ IDir¢LIvT¥' Repurt) and Limit￿ Liabilil}' Parinerships (ETr¢T¥y and CaTbvn R¢portl Regulations 2018. Prior Park F.ducaiional Trust's carbon emissions using a location-based approaeh to calculating emissions, were 619.88 tonnes C.02e for 2024-25. which is i¢P/o lower Ihan in 2023-24. These include tlie emissionq associated with electricity. gas. the 51aiionary combustion of l)iesel ar￿ tra￿¢1 in company vehicles. Prior Park Educational Trust's iniensiry of 0.77 ronnes C02e per Pupil w&$ 40/ts lower than in 2023-24 Trtblé l GreéAhou.feRa.T Émi.f.fiuJts bj. J&r C02e) Ath•l Chw4 S¢4pe l.. Dltrft emlssK)ns thoptratkJrtof artd cootroledf15es 4A4% 41.02 5cop• 2.. dlr•ctemlsJknnsfvcffith•yOd￿cl1DnO1￿￿￿￿sOd￿Pryv 101.47 167.• S(op•l M¥k•i.Dw•dTotyiilco￿ S¢op• J.. thdlrnd•mlssSonsfvcfnth¢¥•lwdu Catrfory3. Fu•l•nd4n•ryy rni•tsd •rthlb•s 17.$2 4).28 ¢atrfory6. 6.76 11.9) 76.14% 14.56 29.41 19.•Jl& 14.56 l9.W Tthal Gross Embskin5-th(•JoTrBxel IICOrtl .10 619.88 -10.18% -70.23 488 6> 452.48 -j6 16 Nvmbetol 853.tY) 2. -5.98% -si.c IntVn55ty RatksiCOJ•yrPupil 4.46% lnt+nthyRat￿ tC(k*￿rpupll Markrt-Das•d 0.56 -1.51% Fh￿Ar￿Irn 20.107 20.107. InteTr5btyRat￿ tC(h•wrlm l 0.03 .10.18% Inten￿tyRa1kn lCO￿￿rI￿) MwkÈt-Basod o.oi Company Regisirdtion Nurnber.. 01521832 Charity Nurnber.. 281242 14

virwalS￿natUr￿Tr3nsa[thTh Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P IW54 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 Energy consufftptio Annual quantity of ¢n¢Tgy ¢oJ]sumd by th¢ Company, In the UK ￿tsUIt1￿¥ from lh¢ puiLhas¢ of el¢¢iTi¢iIyy Lurnbuslivn uf gas 14)n¥umplion of fu¢1 foi IrJn5P(Trrt put]x)ses. Table 2 Eller￿ i'onJuRiplion bj'yellr (kH7r) Emi55wJrdSwJry¥ YJ2>24 Trwh 2014 Actual thar4è Wh 5copp l.. ￿r￿tt￿lS5￿n5fvorn1hC￿erOt￿ThoI0￿KdWWjc0ntyOwkn1￿IEsaTr1ewMert 1.429.589ffj9 2.2th632.12 .16Z.957.57 sw¢Com￿￿." Dwl GpDerators 20.21S.93 30.603.09 51.38% m4b1￿COMnknt5lln Petr(4 3.781.62 3.7BI.62 Mob1￿¢•m￿￿O CompJnyV•hklp.w•pw•wt 5&707.54 om .iuJ.c .58.707.54 G•n•r•tkinolpw(h•s•dvrt 973M46.79 945,759 13 .17.Z67.66 S¢op•3'.IndbYott Grrynt•E. a¥eragetst. D 46.())7.05 46.th)7.05 Mobilecom6ustkn- 6. B￿￿OSS travpl Gieyfleet- abwa8e Pttr(4 S,095.78 om .iuJ.( .5,095.78 trwel 21022.62 om .10).(¥ .12M22.62 Totsikwlh 3%1J,671 JJgi713 -11$￿95.35 -51ts) 4.113.34 4,105.71 FknryArnolm 2i107. 17&50 153.76 -10.74 Company Regisirdtion Nurnber.. 01521832 Charity Nurnber.. 281242

virwalS￿natUr￿Tr3nsa[thTh Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 17154 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 Methodology The SECR r¢port Telaies io Pnor Park Educaiivna] Trust and cov¢t5 th¢ emi.%¥ions from its ()P¢TatioJ]s fTom I Sep 2024 10 31 Aug 2025, aligning with ihc fiscal ycar. The rcponed cathn emissions haNe been calculated following the guidance in the UK Goyemmeni's E"nN'ironmenthl Re￿)rting Guidelines. 2019. and Ihe merliodology outlined in The GHG Proiocol CoTporaie Accouniing a[￿ Reporting Siandard (revised edilionl. Carbon Enii5sion factors have been obtained from the UK Goi'ernm¢ni's GHG C'oni'ersion FactOTS for CoTt)pany Reponing 2024. An '()peraiitsnal ¢c)ntml' meihodolo¥y has been )dopied its tsuiline the ¢(￿ tsf¢art)tsn emi%sitsns rewtling ftsT PiiiJr Park EducL?iiollal Trust. Opcrdiional cortirol rcfers io ihe abiliiv of an organisaiion lo dircci Ihe acijviiics of a faciliry or operation. In the coniexi of greenhouse gas IGIIGI reporting. a company is considered io have operational control oi'eT a faciliry if it has ihe auihoriry io iniroduce and implerneiil operating wlicies ai that faLility. T¥gaTdless of ownership. This tnean5 the organi58tion 15 r¢s￿nSible for the GHG anission5 frorn the 'nperaiian% ils c()nlrols'. This report includes the material earbon emissions, in line wilh the emissions caregories. as required io be reponed under thc SEC'R rcgiilaiions. Table l includes a rcduccd 'nci' carbon cmis5ion figurc: Ihc 'nei' figurc is based on our purLhase L)f a 'LontraLlual arran¥emeni' for Ihe supply L)f renew'able electricily. and Ihe emis5iun5 reductioli 15 rcponL(l 'murkel-b&4cd'. Thi% i% volunlarily rcpurtcd. TLI nule that ihc Lvnvcr%ivn faLtur f()r dic4cl in tliL fJ.4Liil ycar 2024 has bccn revicwcd and updad. Energ>. efficlencv Inltl8tlve5 In thc period Lvvered by ihis SECR report PTi(Trr Park Educaliunal Tru￿ have undcrtakcnlconiplcied the followin cnergy eftiLicnLy a¢tiL)ns'. N¢w Iloilers - Qld, In¢￿I¢l¢nE ￿11¢[% have b¢¢n r¢pl￿ed with new modular cond¢nsing boilers in th¢ Man.%itsn I4ou5¢ part ora r()Ilin& programm¢ of h¢aiinbJ upb7rad¢s. Th¢ individudl plani rooms hdV¢' alio bLLn fillLd with nLy conirul panels. vali'e.% arKI pump seis 10 cnsurc Ihai we use bya% ai opiimuin LrricicnLy. HLdl Di%iribuiion and ConiToI- as part ora rollinbrcplacemeni PTObrrnmmL nl￿ insulated F&R PiPCWOTk has hccn in$141llcd and ncw. rddiaiors and hcaiing coniml% ￿ Ihe School tl(xJm. Roof In%ulalion- A% part ora Tollin8 m(TrfTcplaccmcni PTOb7raminc. Ihcnnal insulaiion has bccn inslallcd. whirL wjisibli inlo all roof rcncwals this ycar IL) ikninimisi licai 105S. RiplaccfflLnt windL)W5 and doubli ¥laiin¥- whcrc possiblc within Ilic rc51riclions ort OUT Hisloric E&lale ¢ hav¢ con¢inu¢d wilh a piogrammc of w'indow T¢plac¢m¢ni using thcrnially brnkcn fraInC￿ and doubl¢ glaying 10 h¢lp r¢du¢¢ h¢ai Ithss fmm buildings and maintsin a ¢omfortabl¢ ini¢rnèl ¢nkironn)¢nt. LID Lighting - Continued In%'¢sim¢nt in r¢pl#¢ing lighting from fluor¢s¢¢nt to LED iog¢th¢r with I>LLLipdnLy Lonirols io funhLr minimi&L' ￿n￿l￿Ls￿ary FKIII'Lf Lonsumpiion. Prior Park Educational Trust 4150 Particip¥ling in Iht ESOS Scheme and hal'e ihe following initiitives listed to progre55 over ihe Neit fe￿ Tr'ears ullder LS053: Irnprov¢ m¢t¢ring and trackillg of ¢lwtricity and gas u5ag¢ 4cn)55 the 51te5. R¢pld¢e r¢mainirtg on-si1¢ oil burnin¥ boiler in the C.oll¢g¢ pBiilion with iln ¢n¢rgy effi¢i¢nt dltemotive 8uch as an air sourced heal pump. Continue with the r()Iling LED llpwde and occupancy eontmls programme aeross ihe sehool siies. Replace remaining older boile￿ ai %￿lfie locaii()n.% acm%s the sch￿1 with m()dem c()ndensing e4uivalenis and upgrade the heal distribuiion sysiem and LOllth)Is. Complcic BMS r¢￿1¢W and implcmcni reconllncndaiions. Undcrt2i ke a fcasibiliry review io look ai the options for upgrading singlc glazcd windows in our hcritagc buildings across lh¢ school sites. Undcrtake design fcasibility of installing all new healing, ventilation heal recovery, filtering and pumps foT the swimTning pool plani r(K)rn. wssibly using ASHP. InYe5tigat¢ the f¢a5ibility and cost lo replace the all<lectric healing 5ydern to the Paragon cla5SToom bli)¢k with n¢w en¢r¥y ¢ffiri¢nl dlieTn31iv¢_ InLvtpvratt ¢neTgv efficient y)lulioTrs lo th¢ d¢sign for Thew rla55rooms di th¢ Para¥on including ASHP, solar PV. LED attd ittsulatiort. Company Regisirdtion Nurnber.. 01521832 Charity Nurnber.. 281242 16

virwalS￿natUr￿Tr￿n$a(a￿?Th Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P IW54 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 EMPLOYMEYT POLICIES EQUAL OPPORTUNITIES The Trusi have given due con5iderdtion to applicants atld employees with disability as documented in our acce55ibility plan contained wthin our set of tKJlicie5 al￿ procedures. The objective5 of thi5 policy are.. The PrioT Park Sihools plan, over lim¢, Is io In¥r¢as¢ ih¢ a¢￿sSibl]llY of provision for ail pupjls, stsff and visiiors 10 ihc schools. The Accessibility Plan will contsin relciat)i aciions io-. Improve access io the physical environmeni ofihe seh(MTrls. adding specialisi faciliiies as necessary and appropTiai¢. Thi5 covers ITnproveTnents ro the physical environrnenl of the schools and physical aid% 10 ac¢eK% ¢du¢atiibn. b. InLrL'ae aLLe_%% Iv the ¢UTnLulum for pupils with a ￿]￿bi]lly. the LUTtJLulum a% nL¢L%￿ry ¢0 Lllsiire thai pllpils with a disability ar¢ as ¢qually preparcd for lif¢ as ar¢ the &b]e-b￿lled pupils. This covers ieaeliin8 and leamin8 and the w'ider curriculum of ihe sch￿] sucli 8s participation in aficr-school clubs. leisure and culiural aciiviiies or schLvTrI visiis. It also covcrs Ilic provision of spLciali4t aid4 and cquiprncnl. M'hich may ihc%e pupil4 in acccK%ing Ihc C￿￿1CUluTh. Improi'e ihe delivery of M'Tiiien infomiaiion io pupils. s¢aff. parents and i'isilOTS Wlth disabilitie$. E.xamplLs mighi Includ¢ hondouis, lJm¢NiablLb. i¢xilx)oks and inlomiaiion aboui th¢ S¢hLX)I dnd Ihe School's ¢i'ents. Th¢ inforniaiion should b¢ m8d¢ avoi18bl¢ in various pr¢f¢rr¢d forniats within a reasonable lime frdme. This policy 1% rLI'iLwcd and u]Kia¢cd ¢￿'try Ihrcc ycaT¥. Th¢ TnL%i al.40 #pplic% its ¢quAI opportunilic5 policy whL reviewirtg cartdida¢e% f()r role8 ai any of the Prii>r Park Sch(M)l$. These policies Can be a¢c¢%sed i'la Ihe ch(x)I's wcbsilc. F.MPI,OYF.F. F.NGACF.MF.NT Thc TTU%t %Lik% iu providc cmplvy¢c% w'ith informaiion and inLTeas¢ iniploycc engageyncnt as follows.. Regrular slul'f. parcni and pupil Surveys LOVCriTh¥ all I1%￿LI.% of %LhL)ol lili. Regrular TTu¥ICC VLSLIS to rcvicw Icachin8 provision and to inspLXt diffcrcnl aspccts of SLhool litc and %tJl'fwcllbeing. Annual slrulcgy mcciings hcld ￿ ¢¢)nsider the dircction of the schools and what Can bc doiic to improi'e the welfare ofsiaff and pupils whilsl a¢hi¢i'ing ihe Trusi's overall objectives. Staff briefings for all $1off which in¢lude d¢iails of bud¥¢i review'$ and pay ri%e infomaiion. Weekly staff and parent ¢ommuni¢Jiions coi¢ring all as￿1￿ of lif¢ 01 Prior Park S¢h(K)ls. Pre.￿entationS I0.￿¢aff regarding ihe ¢urr¢n¢ Fx)5iiion of ¥ll Prior l>ark S¢h(Kh15 ond how thi5 linkg io thi vbj¢¢liViS of lh¢ %h(M)l¥. Jvb cvaluaiion and b¢n¢hmarking of 5UPWt staff glaries. Sidftd&Sl>Lidlion Voluntary ReLI)8niiion Agre¢m¢ni with ihe NEU for negoiiaiion> ¢m Ttra¥her Pdy CONNECTED AISD RELATED ENTITIES The following have not been incoTtrf)raid in these financial statements a5 their ￿til,1t1¢S are not diTertly under the Ivniri?I i?f thL Tru%l¢is vf Pn(Trr Park Edu¢ativnal Trust". Par¢nis vf Privr {POPI. Pard¥vn Par¢nis Cvmmilt¢¢, Friends of Prior IFOPI. RESPOPSIBILITIES OF TRU5TEE5 The TrtJsiee%, {w.hts are al%0 direcitsr% )f Prior Park Educati<)nal Trn%t foi (he pu4x)%es ()f c()mpany lawl are responsible for preparing the Annual Rewrt of the Tnjsiees the ittLorpornied Sirnie¥ic Repuril and ihe tJnanLial siaictllcnts in aLcordancc w'iih applicable law and Uniied Kingdom ALcountin8 SLqndards Iunitcd Kingdom Generally Accepted Aecouniing Practice). Company law Tequire5 the TTU5te¢s to pr¢paTe financial 5tat¢m¢nts for each financial yeaT I￿h7¢h give a true and fair view of the state of aftairs of the chariL2ble company and ihe grollp and of Ihe incoming resources and application of resollrces, iticluding the iticome atsd expettditt￿e. of the chariiable group for thai period. Company Regisirdtion Number.. 01521832 Charity Number.. 281242

virwalS￿natUr￿Tr￿n$a(a￿?Th Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 19154 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 In p￿aring those financial staternents. the Trustees are rquired to.. seleLI suiiabl¢ aLcowilin¥ wIi¢l￿ and then apply th¢m ¢on¥i¥l¢DIIy; observL thc tncihods and prineiples in ihc C-haniLCS SORP. make judgenienis and esiimaies Ihai are reawnable and prudeni.. state whether applicable UK Accoutliing Siandards hal'e beeli followed. subjeci to any material d¢panuT¢S disclosed UT￿ ¢xplained in Ihe financial staieThents,' and PTepart the fJnan¢i)l %thiemenlS on ihe going ¢on¢etn ￿¥l unless it i ithappropiia¢e to prtsume thai the ehariiablc company and group will coniinuc in business. The Trustees are responsible for keeping proper accounting records whieh disclose with Teasonable accuracy at any time thc financial position of the charitsble company and io enable Ihern lo ensuTe that the financial stateinent5 comply with th¢ rquiTeTnent% nf the C'ompanies Aci 21M)6. They are al.%0 rvtM)ll5ibl¢ fc)r %afe¥uarding the a%4eL4 ufthe Lhttriillble LUTnpany #nd ¢he and hence for thkin¥ reas(Inable sp$ foi Ihe prtvert¢ion and deieciion or fraud and other irregularities. The Tru51ees LLinfirn] that ihcy have CLltnplied M'iih their dulles in Ihe Charities Act 2011 IL) have duL rcgard to Ihe Churily Corntni%%iun'4 gencTiil guiddnic on publiL bcncfil. The Trusicc% havc TcfcTrcd tLI thc ¥uidiinic in the Charily Commission's gcncial guidan¢¢ on Publi¢ B¢ncfii whcn Teviewing ihc School's aims and DbjeciivLs and in plJrtnin¥ the SLhiK)I's fulurt aclivilies. Iii parti¢ulai. Ihe Trusiees have ¢onsidered hvw planiied allivilies will Lontribuic to the aims and objeelives Ihey have sei. Thc Trustee¥ have taken all of the sicps that Ihey ought lo have taken 10 niake ihcm%elv¢s aware of ai)y relcwant audit inforniatiL)n and 10 c%thbli%h that the auditor is aware of that infum￿tion. AUDITOR The Hoard of Trusiee% approved the re-appointment of Hish()p Fleming Audit Limi￿1 as audiloTS during ihe mc¥ling orl I I th Dcccmbcr 2025. Th¢ Anniial R¢p)rt nf th¢ Trus1¢￿, irt¢tsrpthraiing lh¢ Sirn*gi¢ Repo￿ w&$ approved by thc Hoard of Twstcc on Friddy I I Ih DLLL'mFK'r 2025 and SI￿e{l ¢)n ili b¢hJifby'. BY ()RDER I)F THE B()ARD Mr A Alvcs Dalc.. I I" Dcccmber 2025 Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242

virwalS￿natUr￿Tr￿n$a(a￿?Th Rfrf. PTFL.3LZV.DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 30 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 REFERENCE AND AD￿l[￿lsTRAT1VE DETAILS Trustee¥ Offl¢ers and Advlsers for the i'exr t￿d￿ttg 31 Aug￿$1 2025 PRESIDETr4T Sister Jane Livesey CJ. MA ICaDtsbl (iesigned3J/0812024) PATRONS MrCJBDaiyCB Sir Cameroti Mackiniosh The Ri Ilon ihe l.ord Paiitn of Barne5 Cll CoTnmodore C York. KSG TRU.8TF.F.S Mr D C'ailoH' (Chairof Tnjsteesl Mr A Alves MA IC.aniabl Il'icc Chair of Tru￿e<s) Mr C Braunaek Mr% A-M DLmp%ey Mr N Dowler Mr F. Flower Mr S Hcad MA Icaniabi Mrs 11 HiimphriL% BA (Honsl. PCJCF Mr t) LLiiih PCiDipLuw. LPC'O. LL.M. LL.B Mr P Lyon Ed.D, M.Phil, M.Ed M%JMcc Mrh M MoorL BA Rcv PrLbL'ndury J N Rawlin%on Mr J Spencer 111)8 Mrs J Sin¥lclvn LIA HL)n& Dip TEFL CoMMI￿F.Es ChaiTI, 3, 4, 5. 6 (Chairl 2 {ap￿l￿ted 01107120251 (ie¥ixiied 31/fjR/?IJ25} 1. 2. 3 Ichairl. 5. 7 3 lapwiinied 01107120251 2 (i'i'.SlRiied 30/06120?5) 4 Ichairl. 5 ? lappoin¢¢d 01107Q0251 5 Ichairl. 6 (iesiRMed O?105/?0?5) 2 Ichairl {rui%ned 30/061?025) A88OCIA TE C.OTr'ERNORS: THE PARAC.ofi SCHOOL Mr J WLb%lLr BA, BATLh. MCD. RIBA. MRTPI 3 Iccascd 30107120251 ASSOCIATE GOVERNORS: PRIOR PARK SCHOOL GIBRALTAR M% E L#n¥ Mr Q Risbo Mr J JaTN'i5 Mr M Nicholls Note.. Finanie. Audit. Inv¢stm¢ni and Risk IFAIRI Committee Collcgc L￿al GovcrnanLe CoJnniLIICC Paragon Local Govemancc Cominiitee (iibraliar Local (iovcrnance LownThilt¢e R¢tnun¢ration CoTTrtnitt¢¢ Ciofvemdnce & Nominaiion5 Committ¢¢ Safeguarding Commii(ee 141 161 171 TRLTST SCHOOLS: Prior Park I'oll¢g¢. The Paragon Sch(K)l. Prioi Patk kh(Kbl Gibraliar PRIOR PARK COLLEGE ADDRESS: Prior Park CollLgc Ralph Allen Dril'¢ Rath. RA2 SAH Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242 19

virwalS￿natUr￿Tr3nsa[thTh Rfrf. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 21154 Prior Park Educational Trust (a company limited by guarantee) ANNUAL REPORT OF THE TRUSTEES For the year ended 31 August 2025 THE PARAGON SCHOOL ADDRESS: The Paragon School Lyn¢vtnb¢ Houie Lyncombe Vale Bath. BA2 4LT PRIOR PARK SCHOOL GIBRALTAR ADDRESS: Piii)I Park SLh()thl SacrLd Heart Terrace Old Town GibTaliaT KEY MANAC¥EIIENT PERSONNEL & PROFESSIONAL ADI'ISEIL8.. Chief OpeTatin¥ Officer and CleTk io ihe Ttusiees.. Ms F Sxndberby LLB IHortsl The Head (Prior Park Collegel.. Mr B Horan MA Thc Hcad (Thc Paragon Schooli.. Mrs R Allcn. BA. PGCE The Head IPTior Park SchiM)l Gibraltar).. Mr P Manyn SOLICITORS: Farrdr &Co 66 LinLoin's Inn Fields l.ondon WC'2A 3LH 13 Queen Square Ilaih IIA12HJ IThVE.STMEYT MANAGER: 35 Puriman Squarc London WIHOLR INI)Tr'PTr:%I)F.NT AIIDII-()R: Bishvp FIL'minb iludii LiiniiL,d ChanLreiL AcLounianis and Statutory Auditors 10 Tcmplc Hack Bris10l IISI 6FL EldfLlays Bank PIL Ilaili 11A1 IAQ UK REGISTRATIOP4: Charity No. 281242. Company No. 01521832 GIBK4LTAR RLGISTIL4TION: Charity No. O(K1272, Company No. (MJI 13158 'FBSITF.S:

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i'.ttsm ark ibraltar.com onschool.co.uk rio ara Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242 20

virwalS￿natUr￿Tr￿n$a(a￿?Th Rfrf. PTFL.3LZV.DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 22 Prior Park Educational Trust (a company limited by guarantee) tNDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF PRIOR PARK EDUCATIONAL TRUST For the year ended 31 August 2025 OPINION We ha￿e Liiidiied the finaftcial slaiemenis of Prior Park Educaiional Trnsi Iihe bareni eharitsble company,) and ils 5ubsidiarie5 {tht 'group'l for the vear ended 31 Augusi 2025 ￿h]ch coniprise the Con501idated Staiement of Financial Aclii'iiies, the Group and Charity Balance Sheets. rhe Consolidated SuteTnenl (kf Cash Flow5 and the t¢late(I nol¢s. InLlu(lin¥ a 5UTntn3ry of 5i¥TrifiLdnl aCLX)unlin¥ pvliLi¢s. The financial repuriing fram¢ivuTk thot has be¢n applied irt Ih¢irpr¢paraiion isappliiablc law and Lnited Kingdom A¢¢ouniJng Sundards. Including Finart¢iJl Reponing Siandard 102 The Finaneial Reportin8 SLqtsdard applicable in the UK and Rcpublic ot. Ircl¥md' Iuniicd Kit)gydoni Generally Accepled Accout)iing Prdciicel. In our tspinion the rIT￿n¢la] tsiernenlS= give a ITue apd fair i'iew of the %lale of the Gr(bup'4 apd of the paTent chaTitsble Company'￿ affair4 a% at 31 Au&Tus1 2025 th¢ Cirtsup's 1¢5UUT¢¢S Jn(J appliLaiion ofrrs<)urL¢S, inLludin&i jis. inLoine and ¢xpcndiiur¢ for th¢ ycar then ¢rtd¢d; hai'l prowly pr¢parul in a¢¢ordaD¢¢ with UD1¢￿1 Kjngdom G¢ncrnlly A¢ccpicd Accouniing Praciice.. and have been prepared in accordance with the requirements of the Companies Aci 2(X>6. BASIS FOR OPIYION We c(Induci¢d (iiir audit in accordance wilh Iniemaiional Stsndard$ oil Audiling IUKI IISA4 IUKII and applicable lilw. Oiir r¢swnsibilili¥s und¢r ihos¢ siand&rJs aN. fvrth¢r <i¢s¢riixd lh¢ AuJilvrs' rcsponsibililils lur Ili¥ auJii of the financidl %itemenLs %cction of our rcp)rt. We arc independent of th¢ Group in accordance wilh the eihieal reqiiiremenls thai are relei'ani 10 our audii of the financial 4th*meni.s in Ihe Uniied Kinsydom. includin¥ Ihe FinunLial RLP(Irl1n￿ LounLil's EihiLal Siandard. and wc have fuifillcd uur uihcr LihiLdl rLspLiii%ibililiLs in uLL(Ird<lllCC with Ihe4c rcquinmLn15. Wc i￿11¢¥¢ thai ihe audii evidence we h4LVt L)btsincd ih sulliciLnl and

ppropriate io PTovide a ba41% for our opinion.

CONCLU.¢ilONS RELATING TO GOI)C CONCER In aLidiiinkT Ihe linl4 ni1￿71 siaienieTh15. ￿'e lial'e Conell￿ed Ihai Ihe Trusiees, use of ihe goinby concem hasis or LLouiiliiig in Ihl prLparation ol'ilii fLiianiiJl siaiLillLlll% 1.% apprLwrialc. BasLd un IhL work WL haNL pLrloniiLd. wc havc noi idciiiificd any matCTial unccrtainlics Tclaiing toci.￿lt5orc0nd1lIol7% thai. indil'idually orcollccliN'cly. iiiay Cast 5ignifi¢ani doubt on Ihe tiroup's or the Pa￿￿1 ¢haritable company's ability 10 Cortlinue gs a going con¢em for d pLriod c)f dl ILd%l IWLIVL month% fr()m w'hLn i￿. finJneidl %LItL'mL'tlLi authori%¢d for i%%UL. Our TLsfN)n¥ibililiL% and the rcsponsibilities of the Trustees with reyci 10 80in8 conccrn arc described in the relcvant ￿etIonS of Ihis rey)n. OTIIER INFORMIITIOY The i)Ih¢r infi)rn)diivn iomprises ihe infomiaiion in¢lud¢d in ihe Annval Report other ihan ihe financial staieinents and our Audiior%' RL'port IhLrLwn. The TnJ%tLe% are rL￿TIOn%1b1e for the o(hLr Info￿tiOn LoniainLd within il)e Annual Report. Oiir opinion on Ihe flnancial siaiements does not cover Ihe oiher inforniaiion and. except 10 the exlelll oihLrniSC cxpliciily slaled in our rcrx>n. wc do not cxprcss any fonn of assurajicc conclusioli IlierLx>ii. Our rcsponsibility 15 to Tcad Ihc oihcr infortnation and. in doing 50. cons1dcr￿hcthCrthc oihcr inforniation is malcrially inconsi5t¢nt with the finanrial 51alemenls OT our knowledge obiained in the COUT5¢ of the audit. or oth¢nvise dPPL.a￿ Iv bL' mtiiL'ridlly MI￿¢ated. If we ideniify such material inLUtJSL&ienLLes orapp￿en1 mdlLfJdl Ini%sldlLmLnis, e are required to deicmiinc whether this gives rise io a maicrial missiaicmcni in ihc financial siaicmcnts IlicmselN'es. If. bascd on the work we haye pcrfomied. we conclude rhar there is a material misstatement of this other information. we arc rcquircd lo rwrt Ihal faci. We have nothing lo report Ln this ￿gard_ OPINION Of4 OTHER MATTERS PRESCRIBED BI, THE COMPANIES ACT 21MI6 In our opinion, based on the ￿"Ork undertaken in ihe course of Ilie audii.. the inforniation given in the Tn]slees' Report for the financial year for which the financial statements are prepared is consislenl with ihe financial Stsiefflents. the Trusl¢e5' Report has b¢¢n pr¢paied in acwrdance with applicable legal requi￿T￿ents. Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242 21

virwalS￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P YW54 Prior Park Educational Trust (a company limited by guarantee) tNDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF PRIOR PARK EDUCATIONAL TRUST For the year ended 31 August 2025 IATTEILS ON IVHICH WE ARE REQUIRED TO REPORT BV EXCEPTION In ilie light ol. oiir knOWled￿le and iindeTStandirt¥ tsf (he eharithble compan} and ils environmeni obtained in the course of ihe audii. w'e have noi ideniified maierial tnissthiemenis in ihe TTusiee5' Report. We have nothing io report in respect of the followng Thatte￿ in relation to which Cornpanies Act 2006 requires us tu repurt tv yvu if. in our opiniLIn-. dequate dLLL)unting TecvTds have nui been kq)L or rttUTns adequate foi vuraudit have nvt been reLeived trom brdn¢hes tK)I vi_4Jied by us," OT the fin￿¥]&1 4iaiemenl4 art rtol in agieemeni with the aC¢OWliing rt¢or(t% and ￿uAL,. or LLrtain disclosures ot'Tntsiees' remuncrdiion speeifjed by law, are noi made: or WL hav¢ not r¢¢Livisd &ll th¢ irtfomthiion and ¢xplartaiions w¢ r¢4uiN. for our audii. RESpo￿51B[LITlEs OF TRUSTEES A5 cxplainLd rnorc tully in Ihc Tru%iLCS' kcsponsibiliiies Statement. Ihe Trus￿£5 (who are also the directors of the chariiahlc company for Ihc pu￿￿¢sof¢0￿panY lawl are rc4pon.4iblc for the preparaiion of Ihc finaiicial 4talcmcnts and lur b¢ing Yalisli¥d thai ihiy giv¢ a iru¢ and foir vi¢w. Jnd suLb ini¢Yrtal ctsntyol as th¢ Trusl¢Lg d¢i¢miin¢ is ll¢cL%sary to enabl¢ th¢ pr¢pararion of finon¢ial S￿￿ments ihai 8r¢ fr¢¢ from maicrial missrai¢m¢ni. wh¢ihgr du¢ 10 fra1￿ or error. In prLparin¥ thi financial slai¢m¢nls, the Trus1tt5 are reS￿nSible for as￿￿41ng ihc CJr(Trup's ihc Piirciit ¢hciriiable company'% abiliry 10 ¢Olllinue as a going con¢em. disclosing, as applicable, maiieTS related 10 g()ing ¢oniem and usinu ihl ¥oirt¥ ioD¢¢rn btysis unl¢ss ihl Trvtsl¢¢i iiih¢r inilnd 10 liquid81¢ ihl tiroup or the parcni charitable company or 10 cease 0[￿ratIons, or hale no re31isiie 8liLrnaii%'e bui io do $0. UDITOR8' RF.SPOli8lBII.ITIF.S FOR THF AL'DIT OFTHF. FIN.IfiCIAI. STATF.MF.NTS Our objLLlii'i4 arc l(i i)biaiii rLawnablL &%%uraJicL aboui %4'hciher ihc fiiiiilJCiiil %lf irrL'bulariiiL4, including fraud. The Lxtcni to which our procedures are Capable of deieeiing irrcgulanties. includiii8 fraud is dclailed bclow. Tn id¢ntifying and a5se5sing risks of material mi55tsm¢n¢ it) respe¢t of irr¢gul3rities, including fraud and nonci)mplidnLe with law'.% and regulations. we considered the ftsllowing.. Wc hav¢ ron51dcrcd thc nalurc of lh¢ 5wlor. rontrol ¢nvitonm¢ni. athd financial p¢rfomianr¢', W¢ hav¢ wn51d¢r¢d th¢ r¢sv115 of ¢nquin¢5 with manaB¢m¢ni and Iru51¢¢5 in T¢lalion lo their own idLmlifiLJtion and d%4es%meni of the risk of irregularities "ithin ihe entity: and Wc hdve revLewed ihe duLumentsiL(Trn of key pruLs¥es and L￿ntrol5 and J*rformed ￿￿[k1hrOugh% of transactions lo confinn ihai the sy51ems are 0￿rdtIng in linc with documcntstion. As a result of th¢s¢ PTocedur¢5. we havt considered ihe opportynitie5 and illcentives that Inay exist within the or¥ani5ation for fraud and id¢ntifLd the high¢5t area of risk to be irt relation to ievenue ￿QgnitIOn, with a partiiuldr risk irt r¢latii?rt tv y¢ar-vThd iul vft. In common with all audits under ISAS IUKI we are also required to perforni specific procedure5 to respond to the risk of tnanagement ov¢rrid¢. We have also obtained an undeThtartdiThg of the lewdl regulatory framewotis ihai the Group operat¢% Jn, focusing on provisions of ihosc laws and rcgulaiions (hai had a direei cffcci on ihc deiLYmJnaiion of matcrial amoun15 and disclosures in th¢ financial 51aiemetLIS. The key lau's and regulations we cojisidcrcd iji this conlcxt included the UK Companie5 Act, FRS 102 and UK tsx legislation. In addirion, ￿¢ considered the provisions of Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242 22

virwalS￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 24154 Prior Park Educational Trust (a company limited by guarantee) tNDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF PRIOR PARK EDUCATIONAL TRUST For the year ended 31 August 2025 other laws and regulations Ihai do not have a di￿¢1 etTeet on the finanejal statements bui c4)mpliatJce with which may be fundamental io the Chariiy's abilily 10 operdie or ai'oid a maierial penaliy. These included daL8 protection reBulaiions, hcalrh and satcry regulations a[￿ employjneni Icgislaiion. Our proc¢dur¢s to respo]￿ 10 risks identified ithclJd¢d the follo￿,ing= RLVjLwing the tinancial SLqiemeni disclosures and iesiing 10 supJx)rting documcniation 10 assess compliance wilh provisions of relei'ani laws and regularions described as having a direci effect on Ihe rinancial statemeni5.' Pertortning analytical procedures to identify unusual or unexpecd relaiionships that may indicate risks of mai¢rial TniK%luiemeni due to fraud: Re￿.7¢W of l)oard rninuics: Enquiring (If rnanagernenl in Telation to ac￿al aTrJ potential clairns and litigaiion5.' Plrforming d<'iail&(I Iran%a¢iioDal ¢¢%iing in rtlaiion to the re¢tsgnition of rever)ue. pe¢ifJully granL4, Wlth a particiilar focus around yearnd ¢ui off- artd In addres%ing the risk of fraud through managemeni overyide of ¢oDirols. siing the appropriaieness of joumal ¢nirics at)d oih¢r adjusimcnts. Wc also Lommunicatcd relevant identified laws and regulations and w>ieThrial fraud ribks lo all cny¥eii)cnt tcai memb¢rs and remain￿ alert to any indi¢aiion$ of fraud or non-￿mPlI￿nCt with laws and Tcgulaiions ihroughoui Ihe audit. BLcaii.4c of Ihc inhcrcni limiiaii(Trn% oran audil. Ihcrc i4 a risk Ihai ￿'C will d¢￿er all iTfc8ulariiics, includin8 IhosL li￿ldIng￿ 10 u malLTial misslatLmLnl in IhL finanLial ¥thlLmenl5 or nun-U)mplianLL with rLgTululiun. Thib risk inirLu%i4 thi tnurL thut coynpliancc wilh a law or rcgulaiion i% rcinL)¥'cd froffl Ihc ivcnts. and iran%aclion% TLIILclLd in th¢ finan¢ial %iai¢m¢nis, as we Mill be le&$ ILk¢ly 10 be¢om¢ 8W8re of insi8n¢es of non-¢ompli8n¢e. The ri¥k is dlso byfLai¢r rn'bardinbi irr¢tsyulariii¢> ￿kurring du¢ rnih¢r Ihan ¢rror. ats frdud involv¢s ini¢niiL)nal conceulment, foT¥ery, coll￿510￿. omission or misrcprcsenthiion. A lurthcr dcscrip¢ion of our responsibililics for lh¢ audil of Ihe financial sth*m¢n15 is Ioc#iLsJ on thc Financial Reporting Council'% websiie ai.. wryw.fr¢.0r8.uklaydi￿T5Te5r￿)ThSlbILIiIc$. This d¢Kripiion form% part of OUT Audiii)r%' Repnrt. USE OF OUR REPORT This Icport 1% madc wlcly lo the charitable rornpany'5 memb¢r& a5 a body, in accordance with Chaptcr 3 Part 10 of th¢ C'nnipanics Arl 2(JI￿. Our audit w'ork has b¢¢n urtd¢rtak¢n so that ￿¢ might stat¢ lo th¢ charitabl¢ coimpany's mL'mtrK'r% Ihts%L mdllLfs WL. drL' rLwuifLxi 10 %LIIL 10 ihLlll in an Audiior%' RLPON and for no oihLY purix)%L. To Ihe tulllsl Lxllnl pcrniited by law. wc do noi acccpi or assumc Tcsponsibiliry io anyonc oiher ihan ihc charilablc company and its rnernber5. as a b(wty. for our audit work. for this r¢p)rt. or for the opinions we have formed. David Butler FCA DChA {Senior staluton. auditor) Biihop Fl¥tnin¥y Audit Litnit¢d Chartered ALcouniants and SLqlUlOry Auditors l O Temple Back Bri5101 BSI 6TrL Date.. 1811212025 Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242 23

virwalS￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ& 18 t>e¢ 2025 135827 W (Lrrc +010 114 P 2Y54 Prior Park Educational Trust (a company limited by guarantee) CONSOLIDATED STATEMENT OF FtNANCIAL ACTIVITIES (incorporating an income and expenditure account} for the Ye￿ ended 31 August 2025 Unrcsl- rieted Fun(Ls Resi- 2025 Ttst31 2024 Tt)¢al N05 Fun(ts IlicO￿lE. Income from thrit8ble 9etii'ities: Scliool fees receii'able Oiher educaiional illcomt 18.136.167 1.757.395 18.136.167 19,073.946 1,757.395 1.869.712 Dontlons 121,188 482,370 603,558 283.354 Investment income 535,050 535.050 599.974 Other trading activitie5: Reni% and leiiings 667.112 667.112 672.537 TOI'AL INCOME 21,216.912 482J71I 21.699.282 22,499,523 EXPE￿DITvRE ON: Charitable 8Ctivitie5 6 20.799.475 214.831 21.014.306 20.739.258 Cost of rlslng fund$ Fundrai%irtg Findn¢¢ ¥o%lS 139.071 ?47.469 139,(171 247.469 168,177 2Y7.75Y TOTAL EXPENDITURE 21.111&015 214,831 21,400.846 21,205.194 NET INC.OME before gAln on InTrestments JOJ97 267539 2911.436 1394,-129 Net galn on Ini'e5tmenls 12 3fy1.111 304.111 437.299 NET movE￿IEPiT Ili FUNDS JJS.O08 267539 602.547 1.731,628 Fund balanccs brought fon4.ard (unr￿trICtcdI Trnn￿frr bctwe¢n Fund8 Fund baldrtL¢* brvLL¥ht ftsrwdrd {r¢stri¢i¢d) 23.311.636 1120J97} 23,311.636 21,563.941 120.597 3,102,904 3,118.971 FUND BALAL¥CES> CARIUED FORWARD 23.52&1M7 3.491.040 27,017,087 26,414,54 All of the Tru%t'$ attivitie5 relate to ¢othtinuithg c￿￿[all0￿$. The noies on pu%0$ 27 10 53]om purt ofihese Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242 24

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL.3LZV.DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 3W54 Prior Park Educational Trust (a company limited by guarantee) CONSOLIDATED AND CHARITY BALANCE SHEETS as at 31 August 2025 Group Chariry Noics 2025 2024 2025 2024 FIXF.D ASSF.TS Tartgible &%ets InvestmLmlS InN'estmenrs in subsidiaries 11 20,720265 20.122,954 18,584.742 17,973,607 12 4.221,258 3,917,147 4,221.258 3.917,147 12 24,¥J41,523 24,0411,101 22J06,IMJ7 21,8￿,761 CURREYT ASSETS Siocks t)ebtors Cash ai bank and in hand 13 14 3.621 4,020 3,621 4.020 5.660.544 5.320.579 5.1 ?4.606 5,855.552 15.298.11)0 15.538,523 12,794.499 1?,070.747 20,962.265 20J63,I22 17.922,726 17,930,319 CREDIT()RS.. Amounts fAllinE due within one ycY4r 15 I13.659.7￿)} 113.943.0991111,353.4301111.732.367) NET CURRENT ASSETS 7J02.565 6.920,023 &469,296 6,197,952 TOTAI. AS%FT% LESS CURRENT LIABII,ITITr;S 32.244.1)88 30.960.124 29J75J03 28.088.713 CREDITORS.. Amounts falllnE due after one vear 16 14.962.493) {4.495.5X41 13.203.747) 12.442,731} Pruvisiuns 19 1204.5081 150.(th1 1264.5081 Iso.(x)01 NET ASSETS 27,OI7.1187 2&414.540 25.907,048 25,594,9¥2 RESTRICTED 22 3.491.040 3.102.gM 2.1106.115 2.4￿8,057 UNRF.STRICTF.t) 20 4.433.310 4.257.A67 4.433.310 4.257.867 20 19.092.737 19.053.769 IS,667.623 18.849.458 (Jcncral 23,526.IM7 23.311.636 23,100,933 23,In7,325 TOTAL FUNDS 27,017.1)87 2&414,540 25,907,048 25.595,982 The parent cotnpany charity, wlMk5e nel income for ¢heyear wa5 a net1055 of£225.664 {2024'. net gain £1,191,156). lias takeii advunlaBe ofthe exemption undei 5408 ofthe Cotnpanies Acl 2(Th of nDI di5c105ing its incomeand expe]M4ilure a￿oll￿t. Appmved by the t3oard ot'TtU5¢ge5. and authotiycd foi 155￿. on I ith D￿¢t￿be[ 2025 and 5iWLal on its behalf by. A Al¥¢s TNscs D C'atlow Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242 25

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 27154 Prior Park Educational Trust (a company limited by guarantee) CONSOLIDATED STATEMENT OF CASHFLOWS for th¢ year ended 31 August 2025 2025 2024 Cash flows from operaling activities: Net cash used in operating activiiies Inl¢Te8t paid 1539.3491 5,938.045 1124.06RI 11 %2.S481 Net Cash used in operAtin% activities 1663,417) 5,7$5,197 C#sh nows from Invesilng #eil%lt1￿'. Dii'idLnds. irtlL'fLs1 and TL'nis from irtvcsimcnis Purchase of property. plant & equipment 535.050 599.974 (1.842.893) 12.011.039} Net e$h used In lth%e$tln# ¢llvltles {1 J07,8431 11,411.065) C&5h nows from fingncing attivities". L'ash inllows Ironi nLW' VN)rrowing Repayments ot-tx>rrowing 2,000.(KX> 1209.1631 11.280,8831 N¢t ¢95h from n¢w fingn¢lng a¢tivltl¢ 1.710,837 11,280.88J} Chongc in ¢a$h and cash ¢qui%'al¢nts in ihc r¢poning ￿rIOd {240,4231 3,()63.249 Cash and ca%h cquivalents at the beginning of lh¢ reportin8 p¢ri￿1 15,53È.523 12.475.274 Cash #nd csh equlvlent$ 1¢ tht end of tht reportlng ptrlod 15.298.IIKI 15,5.18.523 Reconclll¥tlon of net Income to net C95h Ilow from operAtlng *cfli'llles 2024 Nei ¢45h inflow from op¢rHiinB a¢iivities'. Nei income for the rerM)rtinB peri(Ml dju%imLni% lor.. tk"priLialion ch24 rgcs Dividcnds, intcre5¢ and rcnt5 from invc51rncnts Inicrc5t payable D¢crid4¢ in stvrks Nei gain% on invLstments Tncrcasc in debiors IDccrca5cI I Incrcasc in cre41ilor5 Inrrea5¢ In prov1510nS 602.547 ,731.628 1.245.$82 1535.U501 1599.9741 124,(K58 192,6?4 399 1,146 1304.1111 1437,2991 1339.9661 1961.4261 11.547.326) 4.¥43.731 214,508 50,(KX) Net cash (used ID} I provided by operatiDg aetiiitie5 1539J491 5,938,045 Thé noies ort pugo¥ 27 10 53fom ofihese uceotsnis Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242 26

Virwa1S￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ& 18 t>e¢ 2025 135827 W (Lrrc +010 114 P 2W54 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCIAL STA TEMENTS for th¢ year ended 31 August 2025 ACCOUNTINC POLICIES GE￿ERAL INFORIIATION Prior Park Educarional Trust (￿he Company-) is a company limited by guarantec. domiciled and incorporaied in England. The Company meets the defmiiion of a Public Betlefii eniiry under FRSIO2. The address of the Compatty's regi￿ered otTice atLd principal place of business is Prior Park College, Ralph Allen DriN'e, Baih, BA2 5AH. Thr()u¥ihoui th¢ ywdr uDd¢r r¢vJ¢w the Group c(NJsisi¢d of Prior Park Edu¢ational Trusi. Prior Park Enlcrpnses Limiied, Prior Park Holdings Limited atld Prior Park School. Gibraltsr. 'Ihe Company's and the Group's prineipal aciiviiics are deLqiled in ihe Trusiees. Report on pages 3 to 18. Thc naiuTC of the Cornpany's operdlions and ihe Group's operaiion5 are also detsiled in thi5 section. BASIS OF PREPARATION Thc accounts havc bcen prcparcd under ihc C'ompanics Aci )0(16 and in aceordance w'ith the ChaTIIiCS Siaiemeni of Recommended Practice and Financial Re￿ll in¥ Siandard heTeinafier colleciiNely Teferred iu &s"SORP IFRS1021" The acLY>unt% arL drawn up on Ihc liiNILIriLiil LU%1 ba%14 uf aLLounling. GOING CONCF.R After making appTopriatc enquiries. includin8 a review of the laicsi financial dat8. considcration of the inipaLis uf impLnding thx LhangtLS. and fulurL PTOjLiions IilircL-yLJr budgtLI5 for LJLh SLhool lind Ilic CJTUUP a% a whulcl Ihc Tru.%liY¥ hav¢ a Teawnablc CA￿Liation that thc TnLSt has adcquaic TcwufLC% to continu¢ in operation81 ¢xi.%ien¢c for Ihe foTese¢ablc fuiurc. Thc Trust has a h¢althy rcs¢rv¢ JN)sitiot). ¥nd with liquidity of &ss¢ts. st¢ady pupil numbers and a Cost ba%L which is under control. Ihc Cjroup remains in a siron8 financial w>silion. For thc5e rcasons, Tru5t¢es cotttinue to adopt the going concern basi5 in mring the financial s¢atem¢nis. BASIS OF COPSOLIDATION Thcsc fjnancial siaicmcnis consolidail ihc rcsulis. assets and liabililiLs of thc School, ils wholly owncd non-rharitabl¢ 5ub5idiary (Prior Park Eni¢rpri5¢s Limii¢dl. Prior Park Holding5 Liiniid aiid PTIOT Park Srhool, GibTaltar on a linc by lin¢ b3515. Thc rc5uIts of the sub51diarics arc iDcludcd from thc datc on which the Trust took ¢ontrthl of th¢m. A 5¢parni¢ 5ts1¢m¢nt of fLnancial 3cti%'itLts (Intludin￿ in¢thme and expertdiiur¢ dL¢VLLtiil r(Trr th¢ Chdrily Ilseifi¥ nol pr¢¥¢ni¢d ￿ p¢miii¢d by Se¢iiVn 408 vf lh¢ Cvmpdni¢s Aci 21K)6. REDUCED DISCLOSURES Jn ateordance with FRS 102, the Company has taken ad%'antsge of the exempiions fn)m the f()Ilowing dJsLlosurL' rL'quiremenis'. SeLtion 7 'Siaiemeni ofc&sh Flows related noi¢s and disclosures. Scction I I 'Ba5ic Financial InsrTumcnts' & Seciion 12 'thher Financial Insmimcnt 15SUC5' Carrying aThount5. interest Incornel￿pense and net gains1105se5 for each category of financial instrument" ba5i5 of d¢t¢rtnining fail N'alues" detai15 of collat¢ral. loan defaults or bi¢ach¢5, detsil% of hedges, hed¥in¥ fair ￿￿1￿e ch￿g¢S r¢wgni%ed profit 01 los% and In other comprehensive income. Seetion 33 'Relaied Parry Disclosures. _ Compensaiion for key managemeni personnel. Presenthiion ora Company SLalemeni ofcash Flows and Company Regisirdtion Number.. 01521832 Charity Number.. 281242 27

virwalS￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 29154 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 ACCOUNTIPG POLICIES {coniinlled) FEES Fees T¢c¢ivable consisi of charge5 billed for ihe Khool year ending .11 Augu5r 2025. 1¢55 buT5arie.s ai)d allowatjces. Feesreceived foreduLaiJon io beprovided Jn fulureyearsare carried fon¥ard within credilO]S as deferred incomc. The Trust changedaccoutlling Fd>licy lasi year 10 fully rec4>gnise sch￿1 fee income once billed as adebtor. The 5LhLX)I fee inCOTn¢ for ihe following MichaelTnas Terni is therefore included as a debtor and as defetTed inccitne in the staiuttsry a¢uJunL%. EXPENDITURE F.xpendiiur¢ 15 accoiinled for on an accrua15 basi5. oi'ethead and orher costs not directly atlTTbutable to purtiLulur funLtiorwl aLIiviiy L411egurics lire appL)rtiuncd over Ihe rclevanl LalcgTL)riL% (In IhL ba%1% uf Tnanaglmenl L%limai¢4 of ihc amouni aitributabl&' Its thai a¢liNity in thc year. Th¢ irrecovcrable ¢l¢m¢nt of VAT Is included with the iiem ofexpens¢ io ￿'hiCh Il relates. Cjovcrnancc cost5 comprise the costs of running the Charity. These include.. straiegic planning for its fLilure dei'clopynenl.. exlemal audil: legal adi'ice for the Trustee.￿.. and all Ihe co£14 of coinplyingy with LunsliluliL)niil <ln(l %lalulL)ry rLNuirLJnLnlx such ali Ihc Lo%1.% uf BvaT(l and Comjnittee rnLLlinby% #nd of prL'paring siaiuiory accour)ts and saiisfyir)g public a¢coun¢abilily. TANGIBLE TrIXED ASSETS TanbTiblL IlxL￿ arc %laiLxi in thc balaThce shccl ai cost Ic&s irnpairment and accumulaicd deprcLialion. only a%%eis indii'idually ¢081ing more Ihan £ l.(KKI are ¢apitslied. DEPRFCVATIO l)epreciaiii)n 1% pmvided on all thngible fixed a&seLS excw land and &sseL% under con$irnclinn ai rates Laliulalixi lo wriii orr Ihe Losi ofeach assei. I¢￿ irs L'SliinalLid rL￿iduIIj valuL'. CVLnly ovcr ils ¥xpLxlLuI uscful litc. a5 follows.. Fr¢¢hold buildings Buildings.. 50 y¢ar¥ lor l¢ngih of ih¢ l¢as¢ if short¢r than 50 yea￿) 20 years AsiroTurf and Drii'e Plant and ¢quipmellt Boil¢rs'. ICT infwtm¢wr¢'. 15 years 10 ycars IOT Icng¢h of the rontract if shi)rter than 10 years) 10 ycars 5 ycaTS (Ahcr-. Domcslic.. Musical instrum¢nls.' Mvlur ￿'¢hI¢lL.￿-. IT Equipment.. 50 Y￿r$ 5 y¢3rs 5 years DONATIOYS DondtlQllS Ter¢ii"able for the g¢n¢ral PUryK)5¢5 of th¢ Chanty at¢ cr¢dit¢d to Un￿St￿Cted Fund5. Donation% for purw)ses resiricied by the w'ishes of ihe th)nor are tsken to Re%tricted Funds where ihege wishes are binding on the Tnlslees. Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242 28

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL.3LZV.DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 ACCOUNTING POLICIES {toniinued) INI'ESTMENTS AND INN'ESTIIENT 1￿coNfE Fixed A.%%ei Inv¢%imenL% ate in¢lud¢J at Iheii matkei i'alu¢ ai the btslan¢e sheei dale. Any *UTplu% or deficit on revaluaiiort is taken io iht Sthiemeni of Fil￿ncial Aciii'iijcs ISOFAI. I￿￿estment income is accounred for in rhe peri￿ in which ihe company is enrirled to Teceipi. BAD DEBT PROVISION Thc provision for bad debis is ¢al¢uknwl bas¢d on a dcthJl¢d r¢¥J¢w of all outstanding balartccs as ai Ycar-End. Each individual dcbi is rci'icwed and mana8cmcnijud8ementuscd io ddcrmiThc an appropriare provision lo make in &qch indiiidual c&se. 8TnCK8 Stocks arc siaicd ai ihc low¢r Of¢0￿ and r¢alLsabl¢ Valw. LEASE COMMITMENTS Operntin¥ lea&e LOmmitTnenls are Lhar¥ed ￿ the Stattment vf Financial ALiivilies vn a str<iighi line ovcr the lease Icm. E￿IPLoY￿E BENEFITS The cosis of short-lern employtt benefits are reeognised as i liabilily and an expense. The LOSI of any UrtU￿￿ hvliday eniiilcmcni is reco￿lS¢d in th¢ PCTityJ in which ihc emplLTryeC'% 4Lrvic¢% arc rcccivcd. FINANCIAL lY.sTRU￿IEyTS Thc Cc)mpany has clecled lo apply Ihc provisionsof SLxiion I I 'Ra%ic Financial In4irunicnts' and Scctinn 12 '0ihcr Firlancial Instrumcnls I￿￿ls. of FRS 102. in full. lo all ofits financial in51rumcnls. 'inan¢ial ass¢1.g and financial liabilili¢s ar¢ r¢¢ognis¢d whcn ¢h¢ CITOUP bc¢om¢￿ a party10 th¢ ¢ontra¢iual prtsvision.% ofihL inslrumLni. arL OtT&Lbl only whL'n IhL' Gr()UP LiirrLtJily IL'¥JIIy LmforLLdblL' fibihi to %Lt on. thi rLcobTnisixi amuunis and intcnds eiiher io setilc on a b&%is. or io Tcali.4c ihc as4el and sciile thc llability simultancously. Fin4RciAIA55ets Trade, ¥roup and Oiher debiors linLluding acLnLed inLome} whieh are reLeivable within one Ye￿ dnd which do not constituic a financing transaciion arc initially mcasured ai ihc transaction pricc and subsequently m¢a5UTed at amortiscd c051. ￿l￿g the Iransaclion price less any amounls 5eiiled and any irtLpairm¢nt105S¢5. A prtsvision for imptiimieni of (rdde debivrs LS esthblished when Ihere is ubjeciiwe eiidenLe Ihal Ihe amounts duc will noi bL" collccied accordin8 lo ihc original iernis ofihc Loniract. Impaimicni losscs are rccogniscd in profit OT loss for thc cxccss of ihc carying value of Ihe Tfddc dcbtOT OVCT rhe prcscnt Value of the future cash flow5 di5counied usillg ihe original ¢(T￿tIVe interest rdle. Subs¢qu¢ni rel'e￿15 of an impaimient 1055 ihat obj¢ctively r¢late to an ev¢nt ￿¢0Mn￿ after the impL2imeni loss was recognised. are recoxnised immediately in profil or loss. FinAnciAlliabililies andequity Finanrial Instruments 3re ¢la551fi￿ as liabiliti¢5 and ¢quJty in5trutn¢nts' ac¢oTdin¥ to th¢ sub5tartc¢ of th¢ contracn￿l arrangements eniered inio. An equiry insirumeni is any contrdci Ihal e￿IdenceS a residual inicrcst in the asscls of the Compaoy after dcdueiing all of its liabilitics. Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242 29

virwalS￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 31154 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 ACCOUNTIPG POLICIES {toniinlled) Trade. group and oiher crediiors lincluding accruals) payable w'ithin one year that do not constitute a rinancinB Iransa¢lion initially measurd #i the trnnsaction prirc and s￿h￿¢qUent1Y mCa￿u[£d at amortiJ Lost. being I[an￿L¢liOn pn¢e It￿% s¢iiled. Where the JTtangemenl with a ¢rediior consiiiuies a financing trdrtsaciion, the credits)r is initially measured ai the preseni value of flliure payments discounted ai a market rdre of inrerest for a similar insirumeni and subsequently measured ai atnonised cosl. Burrvwings BorrowinBS arc initially rccogniscd ai the irdn&qeiion pnce. including transaction Costs. and subscqucnily measured at amonised cosi usiThg the effective inieresi method. Interest expense is recognised on tlie basis ot'ihc cftectivc inieTesi meihiml and is included in inieresi payable and other sirnilar charges. CRITICAL ACCOUNTIYG ESTINIATES AND AREAS OF JUDGEMENT Esiimaies and ji￿gementS are continually evaluated and are based on hisiorical experience and other faciors. including expeclaiions offiiiure events Ihai are believed iobc rcasoiiable ujider Ihe circuinslanccs. The Company mak¢s ¢siimates and assumpii¢)ns ¢0￿crnIng th¢ filture. The resulting accounting estimates and a%sunipiions will. by dcfiniiion. %cld(Trm equal ihc rclaied actual rc%uli%. Thc cs1iiiiaic¥ and assumpiions that havL a sibinifiLani risk ofcausing a niaiLrial adjuslmcnl lo IhL Larrying aiiiounls of a55LIS und liabilitic% within the nLxi finanLial ycar are di5¢u&￿￿ belts￿. ThL Company. via 115 Inl Trjps Transpon Sundry income 503,058 433,791 655.839 106,177 57,930 558,873 374,437 580,782 12,429 243,193 1,757,395 1.869.712 Company Regisirdtion Number.. 01521832 Charity Nurnber.. 281242 30

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL.3LZV.DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 32 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 DO￿ATIoNs Donations eornpri5e the follorning: UntCtri¢¢ed Restricted Funds 2025 Totsl 2024 Tothl Designared Fund donarions Inoie 201 Restricied donaiions {noie 221 121.188 24,319 259.035 482,370 482.370 121.188 482,370 603.558 283.354 During the year Prior Park Enrprises Limited IPPELI ma4e a surplus of £249.937 12024.. £195,834). Paymenl ()f Ihi% %urplu% will be tnade b'ia gift Jid io PPET within nine tntsnihs (If the year end. PPEL urtdirtakls thl ILs11io¥ of ihl s¢b(K)Is and il dtsnai¢s any Profil 10 th¢ Trust. This ijJ¢om¢ is shown ort ih¢ Stai¢ment of Finon¢ial A¢iiviii¢s uThd¢r Rents & L¢ttings. INVEST￿lENT INCO￿lE In¢omt ¥$ folloM$: Unr¢sirici¢d Rcsiricicd Funds Funds 2025 Totsl 2024 Toral Bank Inlcresl 535.050 535.050 599.974 535.050 535.(Tr50 599.974 TOTAL EXPENDITLTRE her Total 2025 To¢al 2024 costs iaiion C05t of %ener4tln% funds: Fundraising Cost5 Finan¢c ¢0515 139.071 247.469 139.071 247,469 16¥.177 297,758 464,935 Chariiable aciiviiies= Teaching W¢lfar¢ Prctn15CS NfJrketJn¥ and publi¢iiy Support e4)sis of schoolin8 Extra￿ & Trips Govcrnance costs 10.177,177 290.844 1.355.245 2,577 483.222 10,662.976 10,136,137 1.251I.734 1.541.578 1.51 ¥.¥112 .319.?93 3,681,660 3,828.987 17fi,629 176,629 174,363 .848.158 3,712.906 3.606,001 1.159.497 1,159.497 1.385,426 79,060 79,( ¥8,462 1.007.122 1.740.729 114.019 Total Expenditure 13.563.995 1,123.718 6J26,593 21,014J116 20,739,258 Note.. Deprecialion in )'eaT of Fixed A5S¢tS 15 £1.245.582 but IS sho￿￿ aiK>ve net of amort15ation of the applicable fund% nf £121,864. The dothaied fund% ￿￿ed 10 purtha%e ihe fixed &sset% being amorti%ed ai ihe same rate as the r￿ed asseis are depreciaied. Company Regisirdtion Nurnber.. 01521832 Charity Nurnber.. 281242 31

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL.3LZV.DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 3W54 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 GOVERNANCE COSTS 2025 2024 Govemance costs can b¢ analysed as follows.. Fees payable ro audiior- audit & other services (stt note 10) Indeniniry insurance Oth¢r guvemanLe costs 44,(W 14.981 19,985 Total 79.(1&> 88.462 STAFF COSTS Staff costs can be analysed a5 follows.. Croup: 2025 2024 Wagcs and salaries Social %ccurity costs Pension costs 10,719.684 10,147.905 ,0.11.65n 94n.208 1,812,661 1,509.419 Total 13.563.995 12.597.592 Charlty: 2025 2024 Wayes and ￿larieS SoLi&il sL'iurily Losts Pcn5i(Trn Lusts 8.548.509 1172.70 1,647.861 7.959.637 ?￿3.-$90 1,402.525 Tot41 1,069,078 10,145.752 Nonc of thc Trusiccs havc TCCCLvcd any r¢muncrdlion in this ycar or thc prcviou5 year. During thc ycar Tru5tCCS' e¥pen5¢s of £IY.98$ 1?U24.. 117.vl I I We￿ reirnburs¢d by ihe Group in re5PeCt of travel. accominodation, rcctuilnicnl. Irainingw and l¢gal c0515 duTing the year in 1¢5p¢cI of12 Tru51e¢512024.. 12 Trus1¢¢51. The monthly average number o(pe￿)nS employed. full and part lime. durin8 the year was.. Group: 2025 Number 2024 Nuinber Educational Supw>rt stsff 223 230 109 332 339 Company Regisirdtion Nurnber.. 01521832 Charity Nurnber.. 281242 32

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL.3LZV.DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 34154 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 STAFF COSTS (continued} Chrily: 2025 Number 2024 Number Educational Supw)rt staff 174 95 94 269 275 Group: Th¢ nUM￿.r ot. Groiip etnployc¢s who. ¢moluJn¢nis l¢x¢luding ¢mploy¢r's p¢nsion and Nalional In5urdncc eoniributions) fcll in ihc following bands. wcre.. 2025 Number 2024 Number L611,IM)l - L70.(X>O 7U.IM)I - L80.(XK) £9n.IK)l - £lOn.()00 £1 111.1101 £1211.1)On £1 ?0.001 £130.000 £16n,001- £170,IMM) £1711.1101 £1 XO,IKK) For thc5c cmployccs thc numlxr with rctircmcnt t￿nefIts accnJin8 in.. 2025 2024 Money pur¢h05e ￿h¢M¢S was for which the contributions amollni¢d LO £102,009 £ia9.721 Dcfincd benefit sehcmc was for which ihe contributions amounted to £49.781 £26,038 Remuneratlon of Ke). C¥roup Personnel: The total rernuneration for 2024125 of the key personnel in the group las identified on page 181 is £696,062 12024.. £722.5221. Company Regisirdtion Nurnber.. 01521832 Charity Nurnber.. 281242 33

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL.3LZV.DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 3Y54 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 FINANCE COSTS 2025 Ttst31 2024 Total UntC%tri¢¢ed Restricted Bank & other inte￿1 Other finance costs 194,146 53,323 194,146 2(H,402 93,357 247.469 247.469 297.759 10 NET INCOME FOR THE YEAR This is stsied after ¢hargin8: 2025 2024 D¢preciarion of owned assets 1,245.582 Auditor s rcmunerdiion (Lxcluding VAT in 2025. includinbt V AT in 20241 Audit %eTriLe.s.' fce% payablc for ihc audit of Ihe Tru%i's finanLial stsiemcnL4 Audil service.%.. feel payable for ihe audii of Ihe %ub%idiaries' fjnancial *i#iemenis Other serviLes- iaxaiitsn and oiher scrvic¢s 25.085 30.160 ?11.¥46 6.576 1.9114 Operalinby le&se Tentals.. Pldni & M￿hlnLry 247.577 307.255 A gain of £_3(M, I I I due 10 an increa%¢ in ialue in th¢ Prior Park S¢hool¥ 2030 Bursary Fund inv¢%im¢nt was repi)rted outside of nornial operaiin8 aciiviiies. Company Regisirdtion Nurnber.. 01521832 Charity Nurnber.. 281242 34

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virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL.3LZV.DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 3W54 Prior Park School (a company limited by guarantee) NOTES TO THE FtNANCIAL STA TEMENTS for th¢ year ended 31 August 2025 12 INVEST%1E￿Ts In Ociober ?018 ihe PPS Bursary Fund 2030 w'as esthblished ￿1th initial fvnds of £2m. The fund saw, a rise in valu¢ vf £304.11112(1?4-. £437.2991 during the finaThci>l v¢#r_ 2025 2024 Openillg Balance Trdn%fer of fundg from Itol other dts'ignaivj fiThls' I5ee note 191 Transfer of Funds from Resern'es N¢1 I10ssl I gajrts ort in￿LJIme￿I 3,917.147 3.479.848 31H,111 437.299 Closing Balance a5 ai 31 August 2025.. 4.221.258 3.917.147 Thc abtsv¢ Invcstmcnl w&% pla¢cd M'ith Sththhts￿ Capiul #nd the w)nfolio ¢OllSi$L4 of a mix of global eqiiitieg, Ix)nds and commodities 10 ensure a fully dii'ersified portfolio. The value Sho￿,￿ is the markei ialue as at 31" Augusl 2025. Th¢ inv¢sim¢ni was placed und4r lh¢ i¢nns of lh¢ Prior Park Edu¢aiional Trusi invcsimLnt policy and is MOni￿red by ihc FAIR Ciwnmiiitt on a regular ba5'iS. Thc Ini'esimcni balance &8 ai 31 Augusi 2025 1$ splii as follows: 2025 2024 CA%h & Equiwalcnts 206,842 48S,445 2.6Y7.3114 185,735 329.258 ¥4.425 232,169 27N,117 46? ?23 2.463.X86 170.272 24().780 7¥.343 211,526 HedbYL Funds C.oninindiiic5 Oihcr fiinds Privaic Equity Total 4.221258 3.917,147 Thc following nolcs dcthil thc ini'ts¢mcnts ofthc Charity in thc othcr (proup Companie5'. 2025 2024 Charily-. Sharcs al cost Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 37

virwalS￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ& 18 t>e¢ 2025 135827 W (Lrrc +010 114 P 39154 Prior Park School (a company limited by guarantee) NOTES TO THE FtNANCIAL STA TEMENTS for th¢ year ended 31 August 2025 12 INvEsTME￿Ts leontinued) PRIOR PARK HOLDINGS LINIITED (Company number.- 095989501 PrioT P￿rk HvlditJb?s Litnjied in¢otwJrnied on 19 May 2015 ¢OiT]meJ]L¢d trading on I Septeinber 2018. The prirteipal actii'ily of ihe company is to proiide cducaiional and martagemeni setNiccs 10 saiclliic schools ￿'ithin the Prior Park Group. A summary of ihe subsidiary's results for rhe year th 31 Augusi 2025, and its balanee sheei posiiion is shown below.. 2025 2024 TURNOVER 222.790 226.572 Cosi of sales {191.7061 1186,188} GROSS PROFIT 31,084 40,384 Adminisirdtive expenses 13.7381 13.6001 OPERATING PROFIT 27.436 36.784 Inlcrcsi payablc and simil8r ¢harg¢s PROFIT BEFORE TAXATION 27.346 3(?.784 Taxation PROFIT FOR THE FINANCIAL YEAR AND RETAINCD CARNTNCJS 27,346 36.784 2025 2024 Fixed and Current assets Currcnt liabililiis 943.523 {916.1761 11.OS2.4921 27,347 .36,785 Callcd up &hare eapital Profil and10ss accounl 27.346 36.784 27,347 36.785 Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 38

virwalS￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P40 Prior Park School (a company limited by guarantee) NOTES TO THE FtNANCIAL STA TEMENTS for th¢ year ended 31 August 2025 12 INVEST%1E￿Ts leontiDued) PRIOR PARK F.NTF.RPRISES LIIIITF.D (Company nurnber.. 2224611) On 29 Augllsi 2008, Iheeniire i&8ued sharccapitsl of PriorPark Et)terprises Limiicd was gifted lo the Trnsi. No considerarion was paid for the shares. Their value io ihe Trust was considered io be equal to ihe value of the llei assets of the compaThy ai ihe dale of transfer. The subsidiary runs Ihe coinniercial aciiviiies of PrioT P(ITk Schools. A SUmTDary of the yub4idiary's ￿￿ults. foi lh¢ yeaT ￿ 31 August 2n25. an(1 11% b¢ilHnc¢ sheet position is shown below.. 2025 2024 Turni)I'CT ExpLrtdilur¢ 651.019 667.000 1388,7491 1461,1321 Gros5 Profil 262.270 205.868 AdmiDisrraiiv¢ ￿X￿o$c$ {12.3331 110,0341 Nel pmfit bcfore taxation 249.937 195.A34 Taxation Net proflt #ftfr tax*tlon 249,937 194,1134 Curreni a&8eL% Current liabilLIL¢4 459,678 515.516 1209.7351 13 IY,676} 249.g43 195.840 C.allcd up sharc rapitsl Profit and Ios5 a¢¢ount 249,937 195,834 249.943 195.840 Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 39

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P41I54 Prior Park School (a company limited by guarantee) NOTES TO THE FtNANCIAL STA TEMENTS for th¢ year ended 31 August 2025 12 INVEST%1E￿Ts leontioued) PRIOR PARK SCHOOL GIBRALTAR (COM￿￿}. mumb¢r: IJ158. Chril)' numh¢r.' OOlb2721 Prior Park School, Gibrhliar is a wholly owned sllbsidiary of the Tn￿0 involved in ihc cstablishment ofthe School in Gibraliar. The Scliool was opened on 7 Sepiember 2016 and Ihere were an average of 230 pupils allending in the 2024125 academic year. Resi- ri¢i¢d Funds ri¢t¢d Funds 2025 Total 2024 Total IliCC)ME: Income from charitable activilies: S¢hcx)l rc¢Livahle Oihir ixiuldiional incom¢ 3.647.55n ?38.422 3.647.550 238,4?2 3.615.479 280,138 Donations 75.178 75.178 86.922 OihcT InLomc 87.205 87.205 84.126 TOTAL INC()ME -1,97.1.177 75.178 4,0411.ISS 4.066,665 XPKNDII'URL ()N: ChArltxble actlvltlej 3.6x0.7911 4.5￿ 3,685.298 3.623.895 Cost of ralslng funds Pinoncc ¢oslS 116.239 116.239 134,916 TOTAL EXPENDITURE 3.797.037 4JOO 3JOI.537 3.7$8.811 NET MOVE￿IENT FUNDS 17fy140 70,6711 Z4fi,8l8 307,854 Fund halanr¢s brought fnnl'ard Ivnre5tri¢t¢di Fund baldnLes bruu¥ht funyard Iresiriii¢d) 128.308} l?R..l(J81 1257.1541 614.247 535.240 614.247 FUND SURPLU5 CARRIED FORII'ARD 147x12 0￿.925 832.757 58S,940 In the prior year. all actii'ilies r¢lated to unrestricled funds. with the exception of donation income of £1$6,922 and expenditure on charitable activitie5 of £7.914 M"hich relad ￿ restricted futld Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 40

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P42 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 12 INVEST%1E￿Ts leontioued) 2025 2024 FIXED ASSETS Tangible assets 2,135.523 2.149.346 2.lJS.52J 2.149J46 CURRENT ASSETS D¢bi(kr 804.113 730.930 Cash ai bank and in hwld 1.835.R27 2.651.734 2,639.9411 3J82.664 CRF.I)ITORS: Arnounts fallin% due wilhin ont year 2 153971 ? 249 9%2 NET CURRF.NT ASSF.TS 132.6%2 -ru'i'AI. ASSTr-.-IS PI.US CURR Tr.i%T LIABILITIES 2,621,492 3,282.02¥ CREDITORS: Amounts flllnR due Ifter ver 1.788.735 2.096 NET ASSETS 832.757 FUNDS R¢51ri¢ied 684.925 614.248 Unrcsiri¢t¢d Fund5 General 147.832 TOTAL SURPLUS 8.12.757 ij STOCKS IGROUP AYD CHARITY) 2025 2024 Goods for resale 3.621 4.020 Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 41

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P4W54 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 14 DEBTORS Group Chariry 2025 2024 2025 2024 Trade d¢bi(Irs School fees Oilier debtors Prepaymenis and acerued income AmounL% owed by ¥TOUP UT￿ertakin¥S 195,IX)7 4.932,114 301.063 232.360 185,633 4.751,809 291.227 91.910 4,250.027 300.856 213,825 359,&98 4.064.454 284,31 51.585 1,455.2()2 5.660,544 5.320,579 5,124,606 5,855,552 15 CREDITORS: Amount$ f#lllng dut one ytr Cjroup Charity 2025 2024 2025 2024 Currcnt in5talm¢nls due on bank and other loan5 89.829 59.839 SLhwl fLL.% rLLLivLd in advance Tradc crcdiiors Taxation and so¢ial se¢uriry payable OihLr creditors Dclcrred Incomc Accrua15 1.820.81 2.751.R26 1,730.574 2,632.491 1.351,684 1.189,679 1,228,765 1,057,224 1.16X.070 223.2115 1,152.4116 211%.517 2.537.114 2.749.365 1.757.772 2,01 g.X5 6.552.026 6.627.596 5,32.1.O14 5,445.252 140.166 401.348 100.Y70 364.1133 13.659.700 13.943.099 11,3fj3,430 11.732.367 J6 CREDITORS: Amounts fllin% due after more than )'e*r GTOIIP Charity 2025 2024 2025 2024 Bank and oiher loans Inole 181 School fLCS rcccivcd in advancc 3.693.1461 2.052.1153 126¥.632 2.442.731 .935.115 1.268.632 2.442.731 4,962,493 4,495,584 3,203,747 2,442,731 17 DEFERRED INC.OME Group Charity Brought fonvard fccs in advancc 5.194.557 5.075.222 Cash r¢c¢iYed in 20?4125 Amounts utili%d in 20241?5 710.428 620.191 {2,815,5421 12.696,?07} Carried forward fees in advance 3,089,443 2,999,206 The deferred inLome %hown above relate% to ￿yment%￿f vtho(Il fee% and activity Charges kfore 311812025 forthe unbillcd tems (Leni and Summcrl in the ?025K26 school ycar. excepi for £1268,632 ￿hich rclates 10 ihc payment of school fees beyond the 2025126 schl￿1 year. Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 42

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL.3LZV.DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P44154 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 18 BANK ANID OTHER LO.4NS Group: Bank loart% Tepayable by ith%tslmethts ate due f()r repaymeni &8 follows- 2025 2024 Repayable within one year Repayable within one lo nvo years Repayable wiihin two io file years Repayable beyond five y¢ar5 89.829 193.089 512,752 2,988.020 i(M),000 3(K),000 1,652.853 3,783,690 2,052.853 Charity: Bank loan.% repayahle by iTh%thlmenlS are due for repaymeni &$ follow$'. 2025 2024 R¢payabl¢ wiihin one ycar Repayable within on¢ 10 M'o y¢ars R¢payabl¥ wiihin two io fiv¢ years Repajublc bcyond five ycars 59.839 611.139 2UI.957 1,67.1.O19 1.994.954 Note reg8rdlng logn held b). the Charlti: ThL Charity luok oui a loan of£2m wilh BarLlays Bank PIC 10 help ful￿ the consiruclion ofihc Classroom Exl¥n%ion at thc Paragon School. This faciliry was lully drawn down a5 at 31° August 2025 and capital rcpaymcnis had slartcd. Note reg8rdlng addltlonxl 108ns held b). the Group: Prior Park SclJo()l. (iibraltsr I"PPS(i"l also Iw 2 loans.. Thc first with SP(1 Limilcd which proi.idcd a loan of £1.72m lo hclp c5¢ablish thc Schi>ol in 2015116. SPG Limited hd% nvw bcen Llo.%cd down foll(Trwing Completivn of iL% initidl purJx)%e in help c%iabli%h the SLhix)l. Thc ii)lal remainin8 loan balance as ai 31, Au8us12025 was £288.73512024.. £644.7931 which has all bccn novalcd lo iiidividual cx mcmbcrs ofsP(i Liiniicd. The second loan 15 with GibTaliar Internaliollal Bank Viith a facility 10 draw'dowj up lo £1.5rn. Thi5 loan 15 s¢¢ur¢d i?rt PPSCI s I¢(￿ch￿Id irtl¢rtsl in th¢ silL dl SaLr¢d H¢art Tm¥¢% and Is r¢payabl¢ in litJ¢ wilh lh¢ term% ol the loan faciliiy wilh the bank. The iothl dra￿d0*'n as ai 31, August 2025 was £1.5m {2024.. £1.5m}. Thc intercst raic is 3Q/o aboi'c Bank of England basc rdic w annum. These loan5 w'ere pu¢ in place lo facilitate the r¢fvrbislLtnenl of PPSG'S buildings and to cover the initial set UP C05t5 of PPSG. Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 43

virwalS￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ& 18 t>e¢ 2025 135827 W (Lrrc +010 114 P4W Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCIAL STA TEMENTS for th¢ year ended 31 August 2025 19 PRON'ISIONS The following proN'ision was estsblished during 2024 10 refiect the potential costs of dealing wilh the Ash Die back f tt¢s in the PritsT Park Schools F_slal¢s. 2025 2024 Provision as at 31. Augusi 2024 Payyn¢Dt% frotn provi%ion in 2024125 Changes to provigiort for years 125.4391 50,000 Provision a5 ai 31. August 2025 24.561 50.0(KI Thc following provisior) was ¢siablish¢d during 2025 refl￿1 th¢ po￿￿11a1 costs of rL%tmciuring lh¢ UK Schools In 2026 following the r¢du¢tiot) in pupil a¢ross the Group. 2025 2024 Provision AS ai 31, Augusi 2024 Paym¥nis fwm pruvision 10 20?4125 C han&Ls to provision lur futur¢ y¢ars 239.947 Provision as ai 31, Augusi 2025 239.947 20 UNRESTRICTED FUYDS (GROUP) At 31 Au8USt 2025 1(Trial unreslricled amounted io £23.52&047 1)0?4.. £23,311.6361. Included within Ihis luial arL' I'unds which Ihc TruslLYs have de51grnaiL￿ for spLxifJc purwSLS as deiailL.d ￿l￿w. P0511ion as per ?024125 Accounis.. U￿re11r￿ted Fnld Ftt#d bl#¢e It ' ￿tEMbEr 2•14 EipE•dti Et I eXPEthdithfel£ AdA￿st￿PU￿ l Tr#MfEIT Fund baim¢e at Opeo Flllldx I)i￿]￿lI1tLd Bursary Fund 1116.8%8b PPS ?03fl Rur5ary Fund 304.111 704.111 4.271 ?58 rJreat¢sL Need FurMI 120.597 Cloxd Funds New Fwndersoankn !?3.¥3: Dulg￿ted FulldJT•lxl 4J57J67 42S299 IJ20S9 W3J09 rJeneTal Fund 19.0%3.769 21.tp)5 7?3 I*1.056.7￿> 3a.969 19.rp)2.73 23J11￿6 21521,022 {21.IW14) 335W8 (120597) 2152@047 Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 44

virwalS￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ& 18 t>e¢ 2025 135827 W (Lrrc +010 114 P4W54 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCIAL STA TEMENTS for th¢ year ended 31 August 2025 Comparative Wsilion as per ?023124 Aecollnts= Uttrericied Futtd Ell￿d bal￿￿ as at I" SpptetTrber 2023 tt I (expe￿￿￿￿TEl Fu￿d bal%￿re as #I 31" Au%usl 2D24 ITrADsfers I)esi￿a￿d Fund Bursary 113,028 15,965 15.965 PPS Q30 Butsary Furtd 3.479.84¥ 4J7.99 Gr￿dteSt ¥ccd Fund %J53 ¥.353 CID1 F￿nd# New FouThknrsGardL'n 2351>13 223.832 Fwnd5 JJ2&489 46117 44gJ36 {20A58) 257J67 (Jl'neral bund 17.735.452 1fj170 10.897.8531 19.053.7h9 Total 21￿•11 2L677.787 (2•.WJ341 1.70&15J 23Jll.636 Thc DL5i¥nUted Bursary Fund was es¢ablishcd ￿ hold any TbOll-fcstri¢tcd bursary donations from paren￿. and Thc Prior Park SchMl$ 2030 Ilur8ary Fund was ¢siabli%hed during 2018119 as 8 designated fund with Ihe aim of buildinby iowardb El(Jm by 2030 IseL' noic 121. ThL fund is ihLm dL￿1￿￿e￿ 10 support bursarial fundiiisi rL4UL's15 trom thai dale onward5. Th¥ (ifLJiL%i Fund was ¢stsbIish￿ durin¥ 2024 ILTr attumul#i¢ donaicd fur)db Ivwards th¥ ¥T¥dlLsl Ii¢Ld (Jr Prior Park Eduiational TnLSt ¢aih y¢ar. Thc fvnds w"¢r¢ us¢d in 2024125 to h¢lp th¢ r¢furbishin¢nt of th¢ Big Schnol Rn(7m. Thc Ncw Foundcr5 Gardcn Fund was crcalcd lo hclp fund thc rcfillbishmcni and crcation of thc New Foundcrs Jarden in ¢h¢ Summer of 2025. Th¢ p￿Je￿ now been ¢ompl¢t¢d and the fund closed. 21 UNRESTRICTED r.E￿ERAL FUNDS {CHARITY) Thc lablc bclow show5 how thc Charity's unrestricted fvnd5 have moi'ed 5in¢e last year, with PTioryear movement shown for ¢omparison purp05e5'. 2024125 £ 2023124 £ Total ChArity' Unrestricted General Fund5 brou%ht fornard 1&849.458 17,859,192 Plus: Unrestricted General Funds IDefLciII I Surplus in Year {181.8351 990.266 Total Charity. Unrestricted Funds carried fornard 18,667,623 111,849,458 Cvtnpany Registration Number.. 1521832 Charity Nutnber." 281242 45

Virwa1S￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ& 18 t>e¢ 2025 135827 W (Lrrc +010 114 P47I54 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCIAL STA TEMENTS for th¢ year ended 31 August 2025 22 RESTRICTED FUNDS (GROLP & CHARITY) The following iable daails the in-year resrricied fvnd moi'ements. The resrricted funds all relate to the Charity with th¢ txceptinn of the fallowing funds which 3re in i¢lation to t¥i(IT Park Schonl. Gibrxltar.. Th¢ Bur%ary. SPG Dortated, FaLilili¢% Events., Ball Court {¢lo%ed} athd Libtary (Clos￿1) funds. R¢5tricttd FllDd Fulld balanie a5 Incomp EIppDdilure ei Inco￿ / {eipendliU￿I Adjll5t]DeDts l TruTh&ler UDd b4lance5 S¢pternber 2024 1025£ Op¢n Oth¢r C'ullL¥L BU￿ry Chapel ntrL'PK'neuri41 Big Siknul RwTn HLfiwbL l Awurd Fi.4h¢'r C'iillc¥se 8wimming P￿1 37.￿5 ¥7.X?I 55.IXK) 49.,(MM> IO%.X67 30%.8h7 Parnsiiin Ilury 4.1 Jf> 5tA).321 20.3 51.446 SP(1 l)vnut¢¢J Ciihrulur S¢hLM)I St&n w FuThl 51.446 3.5(M) ClTrMd 46.326 11.5561 C'¢ntr¢ 449.fjR9 30.381 Pian4) 29.4_54 ('Iilli¥i fvrL'chi?M 14.(MMI 14.lbll 170.30! 94.A15 4632￿& 33.95 51.775 5.$34 Or¥an C'hilPLI Iniprov¢m¢nts .411 Wcalhrr Pitch Facilitie 11.2toi 14.47YI -I?.756 47.2¥7 Futkl fovid-19 Arveal 1.750 112501 11.2501 7.50U 14W.2O51 lJJ6Jl I1.(￿) (44.2D51 3Y3.637 NLVrf FLwndLYsOaftkn Oh%erYlltDry s￿iMmIn8 Pool 120251 rricket Fence120251 Bi¥ School R(k)m- phLs¢one P%rd¥Vrt Patrnl& AssLbCi8tiO - Ball Court 63.¥94 lo.￿) [1.￿>) 9.non 41.62R 41,628 15.<KK) 11.5(Kbl 11.(Koi (1.50DI 13.5 2D.ry5Q To*AI {I04.748) 267J39 120J97 3.491fvW Cotnpany Registration Number. 1521832 Charity Nutnber." 281242 46

virwalS￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ& 18 t>e¢ 2025 135827 W (Lrrc +010 114 P4W54 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 Open Funds: The College Bllrsary Fund is fwided by th)naiions from p&st pupils and other supporters of Prior Park Schools. It is used 10 provide shon ierni supporn iowards ibe payjneni of school fees for exisiing pupils. The Chapel Fund m.as esiabli5hed to help wilh ih¢ refurbi5hmeni of the chapel at Prior Park College. Thc EntrcprenLllrial Fund il'as esiablishcd 10 develop an Lml]rpreneurial programmL across all Prior Park Schools. this fund is in the process of being c105ed wilh Ihe funds retumed to donoT5. Th¢ Bigw SLhwl Rty)m Fu]xd w&% s¢1 up l(} aid with th¢ refwbLshmerti uf thi% room ai Prii)r Park C()Ilege, phase one ot'ihis pn)ccss was compleied in Summer 2025. The Heriiage Fund was esthblished in Auiumn 2018 10 siarl co11￿ling towards the future up-keep of ilie buildirtgs artd fa¢Jliii¢s #t l¥ior Park Coll¢g¢. The mlljoriiy of ihL a¢¢umulat¢d funds Jn ihi& a¢count wcrc usLd io help fund the refurbishmLlli and esiablishmeDI of the New Founders tiardcn in Suinmer 2D23 the r¢furhishment of the Big School R(KJm. Thc FLTgusort Award Futhd was sei up Jn 2024 10 providc a lasting fwid foi SLJ¢llLL piiiL8 io bL The l.'isher Award Fund was sei up in 2025 10 Provide a lasting fund for academic PT17.es io be awarded. ThL C.ullL¥L Swimmin¥ PLK)l FutMI as w&% sct up in 20?4 IL) hclp futml rcfurbi%hincni L)f thL%L taLilitiL% at Prior Park College. ThL Paragon DLkelopmenl Fund w&s esthblished in 2024 ￿ rdise funds ￿WardS the dei'elopincnt of additional cla44roorn %pace ai the Parngon School. The Piifabyon Bursary Fund ¢stsblish¢d io supw)N pupils sp¢¢ifi¢ally ai ihai school. Thc Cribraliar IluThary fur>d was csiablishcd ai Ihe sthn of ihe lich￿) ￿ hclp fund short-tCTm buriarial supp()rt lur cx1￿1)ng pupils. Thc SPCI Donation Fund Iciibrdltsrl w&$ sci up ￿ hold donations of the original school loans io be IransfLrrLd across into rcs¢riLlcd rcSCTVCS as ar￿ whcn Ihc donaiions arc a¥rced. Thc Cjibraliar Fa¢ilili¢% & kvcn18 Fund ￿.￿ ¢%tablishcd in 2024 ￿ help fund additional vh(K)I fa¢iliiie and ¢v¢nL% during th¥ y¢ar. Cloged Funds: ThL M￿l￿S1On SILPS PrujLcI was a lundraising cxcrcisc lo hclp fund improvcmcnts lo Ihc 51cps IcadinK up 10 th¢ front of th¢ mansion. ThL SLiLniL ProjcLI Fund was sffl up for fornier pupils io coniribuic lowards thc SLiencc laboralory. Thc Sports C'.cntrc Fund was ¢Stabli5hcd in 2012 to help towaTd5 the c051 of building ihc sportE cei)trc. Thc Pianv Fund was ¢rcalcd through a donation io thr TnJ51 as a ¢oniribulion lowllrdb ilic purrl)asr vfa Fazioli piano. which is now pride ofplace in Ihc John Wo(xl Chapel. -I'hc Collcgc Ficchold Fund wa5 crcalcd in IW9 through a donalion tnadc lo the Ttusl as a coiilribulion toward% the cost ofihe freehold purchase of ihe C()Ile8e buildin¥$ and 8rounds. Thc Old Gymnasium Fund was csiablishcd in 1994 10 providc for Ihe rcnovalion of Ihc old gyjnnasium. (¥Tant5 WCTf a150 rcceived from English Hcnlagc and oth¢T5. The Sixih Fomi Cenire FLLnd was e%thblished in 1992 when £225.IMM) was received from a forni¢r pupil to a5S15¢ the School wilh the building of a sixth forni centre and theatre. Th¢ Campaign Furtd was 5¢t up in 21X)3 10 raise fut¥ls foi the d¢v¢lopm¢nl offarilitie5 at th¢ coll¢bT¢. Thc Organ Appcal Fund il'as estsblished in laic 1995 10 rdisc funds from parcnts. fricnds and formcr pupils lo asslst the School wilh the purchase of a new organ in the Summer of 1996. The C.hdp¢I Furtd WdS ¢sLLblished 10 help IOW3Tds the reFurbi%hment of th¢ chapel dl Prior Park Colle¥e. Funds havc bccn spcThi rcccnily on rcnovaiing the chapcl roof and inSLg11ing a new sound syslon. All Weather Pitch- The fvnd N'35 estsblish¢d to help fund the in5¢311a¢ion of the new All Weath¢T Pitch ai Prior Park College in 2018. Sports Facililics Funds w'erc rdiscd during 2017-2019 10 hclp pay for ncw erickct nets. a crickct and hockey scot¢boatd and 3 Tugby scrutnmaging tnachin¢. all of ivhich were purchased in year. Thc Sports Fund was established io hclp fund ihc purchase of additional sporting faciliiics at Ihc Collcgc such as th¢ cricket picket lellce and sigbi screells. Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 47

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P49I54 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 The Covid-19 appeal fund was established during (he pandemic to rdise funds 10 help produce visors and PPE for local NHS faciliiies. The remaining fund5 were used to purchase a new 3D printer and laser print¢r lor the sch￿1, with the original equLpmeni having beeth heavily us¢d 10 make Ihe PPE equipmeni. The Sixih Forn) Centre Furhd 12024} ￿'aS eSLgblished ￿ rdise fi]nds tsiwards ihe developmeni of a ne￿lY refurbi%h¢d area ftsT the 6th Fortn at t¥ior PaTk College. Thc Ncw Foundcrs Garden Fund w&$ esiablishcd io help pay for the redcvelopmcTht of the Garden and area outside ihe Wellbeing Cerhrre ai Prior Park College. Th¢ Obrv<ilory fund WdS_%¢l up with funds from PUP and h&% hel]Kd to pay towaT(Ls the Dew Kho(Il observatory. The Swimming Pool Fund was set up following a donation from a fonnerpupil in 2024 with tlie rnajority of the funds used In 2024,.'?5 10 refurbish these facililies. The Cricket Fence Fund &$ esiablished in 2024 10 fll￿1 ihe esrablishmeni of 8 Plcker fence around rhe I" Icam crickcl pitch. The Big sch￿)] Room Phas¢ On¢ Fund was srf up io provid¢ fvnds io pay for thc majoriiy of ihc refurbishmeni cosis for these works w'hich look place in Suinmer 2U25. ThL PaTagun ParLnL% A￿7￿111￿￿ Fund was esthblished ￿ raise funds towards ihe building of ihe r)ew mii.qic ¢entr¢ at th¢ Paragon School. Thc Gibraltar Ball Court Fund w'as csiablished by the donation from a paTcnt aThd fornier Tnjstee of the qLhac)I its help fund the esiablishmeni ofihe ouiside ball Court behind Ihe ￿h￿oI. Th¢ Gibraltar Library fund was sei up io ¢nabl¢ form¢r pupils and o(h¢r SUPF4)rters of th¢ school ro contribule toward% the e%lablishmenl and de&'elopmenl of ihe library ai ihe 4chool. The reinainiiigy balance LTrn ihis fund has now bccn transfcrrcd into th¢ Gencral Facililics and Evcnis Fund fvr Gibraltar SLhool. Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 48

Vlnuals￿natVreTr￿n$a(a￿?Th R&f. PTFL.3LZV.DYQ& 18 D8¢ 2025 135827 W (Lrrc +010 114 P Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCIAL STATEMENTS for th¢ year ended 31 August 2025 Comparaiive position as per 2023124 Accollnts= Restslethd Fund Fund blittts Expeldimre ei lThc•me I AdJuMmtThts l Tra￿S￿r5 Fund bilAnc li Sept¥mber 20LI Au%u%l 2024 Opeth Futhds Olhtr Ilursary l¥enLIl11 08.514 143.461 37,(4J3 BUr￿￿1￿￿¢1fl¥j 24.6 14.699 124.6991 Cha￿[ 87.¥21 7,¥21 ntrepreneurial Bi¥ Scknol Roo 241.(kn4 1179.3441 6.720 1186.(1(Tr4) 49.1)40 49.040 11.070 F¢rg￿￿ry Award 25.317 943 24.374 ?4.374 Parngiin l)evLliipThieni 2tk).lYX) 2￿.(￿N] ?{M).￿l Pora¥un Bur53ry 1219 2.517 3.736 riibrllltar BuThary 19. 4.3( 4.JIM7 SP(T I￿n&t¢4 47¥.lYg 82.122 82.12? liibYAlIArS¢hwl Stsrt up FUNI 5(M) 14.955 6.914 8.041 Cloxd Funth Mfjnsivn Strrx %ii¢nLY Pwitit C'¢nire 47.42¥ 4h.3?6 4.fi6X 47O.gn) 4$9.68¥ 9?9 Coll¢¥e Fr¢¢htrki 103.959 14.(KNI 6.X35 Sixih Fotm Ccrttr¢ 98.475 3.%70 {3.8701 94.OQ5 fumpJiBrt Organ ha￿1 Improi' 10.TrJo 16.5(M) 1.5Th) {1.5￿> 15.(hJO Ball Court 22.250 Tfjtal 259035 IW76 (J6J25 458 JAO19•4 Cotnpany Re¥islralion Number.. 1521832 Charity Nutnber." 281242 49

virwalS￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ& 18 t>e¢ 2025 135827 W (Lrrc +010 114 P 51154 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 23 ANALYSIS OF GROUP NET ASSETS BETIVEEN FUNDS Unresiricted Restricted Endow'ment Totsl Funds Fun(Ls Fund4 2025 Tangible Fixed Assets Investments Curreni Asseis Liabilitie4 & Provisions 18.517,451 4.221 ?58 19.674.039 18.886,7011 2.202.814 20,720.265 4.221.258 20,962 ?65 1288.226 23.526.047 3.491.040 27,017.087 24 SHARE CAPITAL Thc company is limited by guaraote¢ has no callLd-up %hat¢ Capithl. As at 31 August 2025 there were I I members of ihe Twsi and each has a limiied liabjliry of £1. 25 PENSIOP4 CO8T8 TF.ACHFRS PFNSION SCHE%IE Thi Sihool ptiriiLipdi¢s in th¢ T¢&¢h¢rs' P¥￿SlOA k.h¥m¢ I'th¢ TPS'I lur ils 1¥41¢1iinbJ sthfl.. Th¢ ¥inploy¥rs p¢nsion chargc lor the ycar includes contributions payablc to ihe TPS o1.£973.7031?024.. L850,3721 and Jt the year-end £1111,21H in?4.. £111.1631 was accnied in re$r￿cl ofihe cmploycrq. and employccs Aubyusl 2025 Lunlribuiivns iu ihis SLh¥rnL. WdyablL in carly SiylirynbL'r. Th¢ T¢ach¢r8' P¢nsion S¢h¢m¢ ITPSI is a stsiuiory. ¢oniribuwry. d¢fin¢d b¢n¢fii %¢h¢in¢. gov¢rn¢d by lh¢ T¥aLh¥rs Plnsiun Sih¢m¢ Ri¥ulJliuns ?n14. Thi TPS 15 an unfund¢d s¢hkm¥ and m¥in￿.r8 Luniribull vn 'pay y(>u go, ba¥is Ih¢Y ¢tsninbuiion%. along ￿1th th()s¢ mad¢ by ¢mploy¢r%. ar¢ ir¢dit¢d to the xcheqLicr. The TPS is a mulii-cmploycr pcnsion plan and there i4 in%utricieni infomiaiion 10 accnunl fnr IhL 5LhLmL (Trn a5 u dLfLncd I￿￿([1¢ plan il is acCL)unIL￿ fur as a dLfincd cL)iilribulion plwi. Valualion or th¢ TcuLhcr% Pcn5ion SLh¢inc Nol 1¢5s Ihan ¢v¢ry four y¢ar5 ihc Govcrnnicni ALluary I'GA"). using normol aciiiarial prin¢ipl¢s, ¢or)du¢15 4 fomial a¢tsJarial r¢%'i¢w of the TPS. Thc aim of lh¢ rcvicw 1% ¢0 sp¢iify th¢ l¥N'¢l (Fr rulur¢ ¢oniribuiions. AEluarial %h¢m¢ valualions ar¢ ￿¢￿nd¢n1 on a55UlnPlionb abvui the value of tuture c(Trsis. disibm ofk'nefiis and manv oihLY factors. Thc laie%i actuarial valuation iarricd out as al 31 March 20?0 and in accordancc wilh Thc Public Sm'icc Pcn%ions IValuaii(kns and Eiiiploycr L051 Lapl Dirccliorh5 2U25 and th¢ Employcr Loniribulion Ralc wa5 assc5￿d using agrcd as5umplion5 in line with thc Dir¢rtlOll5 arbd ￿'d3 acrqbt¢d at ihe original a$￿sSed rate as there wa5 no cost control m¢¢hanism br¢a¢h. VALUATION OF THE TEACHERS. PE￿5]0￿ SCHEME Thc valuation TCPOrt was publishcd on 26 Ociobcr 2025. The kcy results of thc valuaiion arc.. Total sch¢Tn¢ liabiliiie5 for seTh'ic¢ (the capiul surn neded ai 31 MaTch 2020 to rneet the 51T¢aTn of futur¢ cJ5h flow5 in reSp￿t Or￿N¢fits eatndl of £262 billion Value of notional assds1¢stimaid fi]tut¢ ronttibuliorts log¢ih¢T with th¢ proceeds from the notional investments held ai the %'aluaiion daiel of £222 billion Notional pasi smice dcficit of £39.8 billion12016 £22 billion) Discount rai¢ 15 1.7. o in exc￿5 of CPI12016 2.4°/o in exce55 of CPI (this change ha5 had the g￿lest financial 5ignificanc¢ll As a result of the ￿￿]￿lliOn. rtew. employercontribuiiort rdies have Een sei ai 28.68Q/è ofpensionable pay from l April 2025 uniil 31 March 2027 (compared 10 23.68D/b under the previous N'alualion including a O.Ot4fj/o admiwslraiion Icvyl. Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 50

virwalS￿natUr￿Tr3nsa[thTh R&f. PTFL-3LZV-DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 52 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 The Sch￿] undertook a consuliaiion exercise wilh ieaehing SLqff during 2019QO with the conclusion thar IhL bLhool oftired thi APTIS schcmc (run by Avival forihose leaching SL2ff who w'ishcd io join ihis schcme from I. September 2020 onw'ards. The School coniinues to offer LIK teaching stsff the option io retnain in the TPS (with the additional Ctnploy¢￿ cnntrihutiQn Tnade up Nia a d￿uCtion from gra￿% salary) tsi 10 join ihe APTIS scheme ai a choice ()f ¢(IntrilM]iJort leveLs. The School undertook a fi]rther eonsulLqiion exercise wilh leaching SLgff in 2023124 with the conclusion thai Ihe addilional Sts/b employers. cojjiribuiion would be paid in full by ihe School bui Ihai ihe School would b¢giD a pha%¢d wiihdTawal from TPS fiorn I. January 2025. No te4chin¥ stsff dre able to joiD th¢ Scheme from thai ]x>int onwards. CONTRIBL TIONS TO PENSIOPI FUYDS The Trust makes contributions lo the Teachers, Pension Defined Benefirs Scheme at Tates Sei by the Scheme Actuary and advi%ed to thL C<>ll¢gc by ihc S¢hLtnL Adtnini_4¢rJw)r. The SLhLmL i$ a niulti-Lmpltsy¢r pLn4lllJl himi and Il is r)oi w)ssibl¢ 10 idLniJfy Ihc ass¢is and liabililjcs of th¢ S¢hL*DL whicli arc dirixily &ttribuiabl¢ 10 th¢ Tnjsi. In aLLord8ne¢ with th¢ SORP IFRS1021 th¢ S¢hem¢ is aceouni¢d tor as a detinlxl coniribiition schcmc and coniribuiions are aC￿￿niCd for ￿'hen adviscd as duc by the Sehcnic Adniinistrator (see above for further deiails). As deiailkd above, UK teaching siaff hav¢ thc Opiion ￿ remain in TPS bui 10 pay the addilional cmployer coniribuiion as o dlduilion fr()m ihlir gross pay or ￿ n￿¥¢ across io the APTIS Master Trnst SchLmc. run by Aviva from I" S¢pt¢mb¢r 2021. Fr(Im I" ScpiLmbcr 2Q?4 APTIS wa5 a150 thc dcfuuli pcnsÉon schcmc for support 51aifwith Ihc incumbcnt Supp)rt S¢al'l' Gruup P¢rwThiil Plnsitsn SLheme by Ai'iva now IL) r)cw mcmb¥r%. FTUM I. Sepicmbcr 20?4 Lmploycr coniribuiion.s Ini{> APTIS ar¢ now ai ¢iihcr IOO/. lincrcaied from 7.5 /p in 202J1241 or 4n/p Id¢p¢ndinby th¢ ¢inploy¢¢'% ihoiil tsf p¢nsitsn ¢oniribuiii>n%l of aiinual bdsi¢ pay. Tlii%¢ contributions arc Tccordcd accordingly in these financial stht¢m¢nts. ThL APTIS SLhLmi is a definLd coniribuliun schcjnc njn by Avil'o undcr a MaslLr Trus1 ArraiibrLmLnl. Thcr¢ wcr¢ £74.271 12024.. £62.3261 of ¢oniribuiions a¢¢rucd al Ycar Ind r¢¥aTding einploy¢r% and employe￿ ¢nnirihiiiions from August 20?5. Th¢ Tnjsi also op¢raies a $8lary sa¢rifi¢e %¢h¢iM¢ fnr siatry m¢mk.r¥ who wibh io mak¢ Ih¢ir p¢nsion ¢oniribuiions via this method inio APTIS. 26 COfvIMITMENTS UNDER OPERATING LEASES Tht Group 15 # Ic$$re: The ioial future minimum le&se paymenis lexcluding VATI undernon-cancellableoperdting lea%e% for plant nd maLhinLry ari. follows.. 2025 2024 Amoutlls due.. Within on¢ y¢ar Beiween one and five years 238,015 126.(P13 252,8.39 371.744 364.109 624.583 Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 51

Virwa1S￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL.3LZV.DYQ& 18 D8¢ 2025 135827 W (Lrrc +010 114 P 5Y54 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCIAL STATEMENTS for th¢ year ended 31 August 2025 Prior Park Schools UK a5 a lessee: The ioial fulwe minimum lease paymethL$ (ex¢luding VATI wJdernon-¢an¢ellable opernting lea%es forplani nd machirtcry arc as follows.. 2024 Amourtis due.. Within on¢ year BeNeen one and five years 159.709 47,787 180.613 227.292 207.496 407.905 27 RELATED PARTY TRANSACTIONS As shown in thc Ciibraliar Accounis, Ihcrc is an amount of £228.73512024.. £501.4)71 due lo fomier mcmbcrs of SPG Liniil¢d. a CiibTaliaT regi.4ler¢d company ￿'hICh was clO￿d dowi recently but was related Ihrougli ils pa.%t dirLLior%hip ol. Priur Park SLhLwI. Ciibraliar. A number of Truste￿ had ¢hildr¢n ivho altend￿ on¢ of Prior Park S¢hools in th¢ y¢ar: hoH'¢v¢r. they r¢c¢iv¢d no b¥nLliiial rJiL in lh¢ f¢¢s ¢harbyL￿d for such aii¢ndan¢¢. In tJi¢ p¢riod ¥u¢h f¢¢s and extras ¢liartsid w¢r¢ £171.742 12024.. £121,147). No amounts wcrc ouis¢andin8 ai thc pCri(￿ endcd 31 Aug￿%1 202512024.. £nl. 28 CAPITAI. CoM￿lIT￿l￿..NTS Thc Tru%1 a capital c()mmiimcni to complete th¢ build of Ihe Paragon cl*%sroom exiellsion during 2n25126. L742k ha5 b¢cn spenl lo dc11C wilh a furthcT l741k Cslimat￿ lo L￿Mplete Ilic Works (excluding r¢LL)VCTiiblc V A T ond taking inio a¢¢ount donaiions rc¢¢ived ￿ d#¢¢). 29 ANALY4il% OF NET DEBT The following note is provided in addition to the C&sh flow 518tement'. A5 at 1.9.2024 C45h FIow5 Other non- t8sh th9n%es A5 al 31.8.2024 Cash at bank and in hand 15.538.523 1.7.1(1.072 11.97h.4951 15,298.100 Loan5 falling due within one year 189.8291 189.8291 Loan5 falling due Hfter Tnor¢ y¢ar 2.05?.853 1,641.IK)81 3,69.1,861 TOTAL 13A85.6711 5,235 .976.495 11,514.410 Cotnpany Re¥islralion Number.. 1521832 Charity Nutnber." 281242 52

virwalS￿natUr￿Tr￿n$a(a￿?Th R&f. PTFL.3LZV.DYQ6 18 t>e¢ 2025 135827 W (Lrrc +0) D 114 P 54154 Prior Park Educational Trust (a company limited by guarantee) NOTES TO THE FtNANCJAL STA TEMENTS for th¢ year ended 31 August 2025 30 2023124 SOFA SHOII'IPIG SPLIT BETII"EEf u￿REsTRICTED AND RESTRICTED FUNDS R¢st- 2024 ToLqI 2023 Total Funds Funds 11%CO￿lE. Income from charitable activities: qchnal fcc4 rcccii'abl Other educaiiothal in¢ome 19.073,946 1.869.712 19,073,946 18,()79,391 ,869,712 2,331,667 Donations 24.319 259.035 283.354 1.285.887 Ini'estment incorne 599.974 599.974 296.359 Other tr#dln% a¢tlvlilt$: Rents and ]L￿ttingS 672.537 672.537 427.412 TOTAL INC()ME 22,240.488 259,035 22.499.523 22,420.716 EXPF.Tr4DITURF. ON: Ch4rli4ble #eilvltles 20,443,698 295,560 20,739.258 111,946,0611 Cost of rglslng funds 16X.177 297.759 168,177 297.759 126.713 244.X32 FinanLe Ll)SlS TOTAL EXPENDITURE 20,909,634 295.560 2I,204.I94 19J17,613 NET INCOME before %#ln on Inve51meni$ I J30J44 36.5251 1.294J29 3.103.103 Net galn on InietmentA 437.299 437,299 51.828 NET mOvE￿IENT Ili FUNDS 136.5251 1.731.628 3.1$4,931 Fund balan¢¢s broLL¥hi ftsnvard {unre¥tri¢i¢d) Trdn%lir belwLcn Funds Fund balanccs brought forw'ard Irestricled) 21.563.941 120.458} 21,563.941 19,231.530 20.458 3.118.971 3,118.971 2.296,451 FUND BALANCES CARRIED FORIVARD 23Jll,636 3,102,904 26,414,540 24,682,912 Cotnpany Registration Number.. 1521832 Charity Nutnber." 281242 53