REGisfERED Co￿lP.4￿1 N1'.￿lBER: 0227411rfp IEng]And and Wales)
REGISTERED CH..IRITI' NI'.%IBER.. 299690
Report of the Trustees and
Financial Siatements For The l'ear Ended 31 July 2024
for
The Knowl Hill Foundation
Fllller Spurling
StalutOTV Auditors
Mill House
8 Guildford Street
Chertsey
Surre)
KT16 9BE

The Knowl Hill Foundatio
Contents of the Fio#n¢iJl Statements
For The l'ear F.nded 31 Jull. 2024
Page
Report of the Tru5tee5
Report of iht Independent Audito
9 to 11
Stgtement of FlnAncial ActlTritie5
Balanee Sheei
13
C.'a$h Trlow Stattment
14
oils to th¢ C'ash Flow SIAtement
Note5 to the Fln8nelAI Statements
16 ￿ 24
Deixlled Staiement of Flnaneial Aetlyitles
25 to 26

The Knowl Hill froundation
Report ofthe Trustees
ForTh¢ ) ear F.nded 31 Jul). 2024
The irusiees who are also directors of the charity for the purw)ses of th¢ Companies A¢1 ?000, present their repon with
Ihe financial staternents of lh¢ chariii for the y¢aT ended 31 Julj ?0?4. The ITusiee5 have adopted the pro%'isions of
Ac¢oun¢ing and RetK)rtinB by Charities.. Siatemeni of Recommended Practice applicable lo charities Preparing their
accounts in accordance with the Financial Rerx)rting Standard appliLable in the Lk and Republic of Ireland IFRS 10?
leffeclive l January 20191.
OPJECTIVES AND ACTII'ITIES
Aims
Charity'5 ￿lIS510n and Operaiions
Charity'5 Purwb5e 8nd Objertives
The charity is a non-tK)litiral. non-Teligious British charity dedicated io advancing the educaiion of dvslexic children and
children with specific leaming difficulties. The ¢haritw primarily focuses on providing s￿riall5￿ teaching in a Small,
rin8 environment. such as thai offerd at Knowl Hill School in Pirbright. Surrey.
In ￿dItiOn to providino direct educational servi¢e5, the charity aims to rai5¢ aWa￿￿eSS of dv51¢xia and s￿rifiC l¢aming
ditTiculries within ihe mainstream education system. B) educating leacheT5. the charity hopes to iTnprove the
identification and suppon oldyslexi¢ children in mainstyeam schwls.
Policv and Operat10115
There has been no ihange in the charity'5 declared rolic).. The charity continues attractin8 Students frorn the priv*e
sector and various local authorities io Knowl Hill 8¢hwl.
The trustee5 have complied with the Tequiremenis of the ?01 I Charities Ac¢ including ihe dury ￿ regard the Charity
Commission's 8uidanc¢ on publi¢ benefii, particularly regarding adwancing educaiion a¢)d fee-charging.
Public Benefit
Knowl Hill School seeks to benefit the public through its staled aims. The school is committed io safeguarding and
promoting the welfare of its students. Parents receive resul¥ UTKiat¢s on their children's Social and academic progress
through parent-teacher evenin85. and the sch￿[ rnaintains an open-door poli£v for parental inquiries.
The charity Welcomes students frotn all backyound5 arkd i5 committed 10 providing an equal opp)rtuniiies environment
fiEe from discrimination.
OWEcfivES
Objedii'ts for ihe I'eAr
The chArity established the following key objectives for the current year=
l. Bursyry Fund SupFK)n.. To continue providing financial &ssistance to 5ttJdents throu8h the bursary fund, enabling them
access the sch￿1,5 educational opportunities.
2. Arad¢tDir Exc¢ll¢nre'. To ¢nsur¢ thai ¢ach studeni TK¢iVeS a high-quality acad¢mir rvrriculuTn that helps them
achieve iheir fLsII p)iential.
3. Enhanced Pastoral Care: To further develop the p￿toral supw)n services provided to siudents and foster a caring and
supporti￿¢ leaming environment.
4. Expanded Qualifications.. To incre&se the rdnge of GCSE. IGCSE, and BTEC qualifications available to students.
providing ihem ￿1th a wider range of Options for futu￿ pathways.
5. InfrasrnJctur¢ Inv¢stm¢ni'. To invest in the s¢hix)I's infrastructure to create a safe. cornfortabl¢, and conducive leaming
envjronment for knth shjdents and staff.
6. Technology Itlvesirnenl.. To acquiTe new technology to benefii child￿n wilh l¢aming diificulties, particularly those
who struggle wilh wding and Mriting.
7. Speech and Language SuptK)rt.. To provide additional support for siudents with speech and language ditTicultres
associated with speeific leamin8 challenges.
These objeaives align with the Charl￿ s mission to provide 5pecialised education and supwrt for dyslexi¢ ¢hildr¢n and
children with specific leaming ditTiculries. BJ achieving these goa]5. the charity can ensure that ils studenis Tec¢ive th¢
best possible education and Opkxlrtuniiies for success.
Page I

The Knowl Hill Fourtd•tion
Report of the Trustees
For The l'ear Fnded 31 JulTr 2024
OWEcri￿"Es AYD ACTII'ITIE5
ACCESS POLICV.
Admission5 Pro¢es5 Ind Support Se￿let5
Admissions CriteriA And Procedures
The 5Lhuol is t￿¢ resiricied io siudenis who can afford the full tuition fees. As k speeialised school for children with
specific learnin¥ difficulties. the schwl only accepis s¢udents who would b¢n¢fit from the specialised leaching and
suprort provided.
Tts determine a Student's suitahility for admission, Ihe Kh￿)1 Tequires the following documentsrion..
Educational Ps>'chtslo¥ist's Rew>rt.' A ¢ompr¢hensive assessment of the ¢hild'5 leaming difficulii¢s and n¢¢ds.
Previous School Report.. This is a report from the child's PTevious schwl Ihai provides information aix)ut their
acad¢inic p¢rfornian¢¢ and b¢haviour.
Educaiion Health and Care Plan IEHCPI.. An EHCP can provid¢ valuabl¢ insights into ¢he child's specific nttds and
support require]nent5.
After 5ubmilting the required documentation. TX>tential students are invited to spend two days at the whool to b¢
Assessed by the s¢aff in a classrwm sdiing.
Bursary AwArd5 #nd Lo¢AI Authorliy Fundlng
The he8dm8si¢r will discuss the ehild'5 suilabilily for the school and the fee structure with the parents. A bur58ry may be
offcr¢d if the child'5 finan¢ial ¥ir¢umsian¢¢s warrnni li and funds arc available.
If a child has An fHCP. the local educaiion authority will be inviied io mee¢ wilh ihe headmaster and SENtKo to
discuss how the Child's needs can be mei. lThe auihori¢J may coniribuie towards ¢he cosi ofihe child's educatLOn.
Support Servlees
ThL sLhwl oifLrs a ran¥e of siIPPQn services 10 siudenis. including..
Speech And l.anBuAge Therapy.. Provided by qualified speech and langua8e ¢herapi5ts.
- OccupatLOIIAI Thcrapy.. OtTercd by qualified occupalional therapi51S to address 5ens0ry. motor. and fine mO￿r skills.
Schuol Courtsellin8.' Availablc 10 gtud¢nt5 who Tequire emotional OT P5ycholo¥ieal 5UPPOrt.
Funding for these service5 15 typically included in the school ftts.
IncluJlvL' ApPr0￿ch
The iihcx)l laiers 10 s¢udents with a growing number of specifil needs, adopiing A holistic approa¢h that Énclude5 a wide
v¥iety of interventions outlined in the document'knowl Hill Sch￿1 PTOViSlQn."
Accessibllit). And In¢lusion
Approximaiely 9Wio of the school's siud¢nls are funded b) Ihe lo¢al edu¥aiion authority. a5 Ihere are often no o¢her
suiiable educational estsblishments available. The school actively repre5ent5 51ud¢nts at tribunals when necessary to
appeal against local auihoTity decisions.
No ¢hild is r¢j¢iied bj the s¢h(x)l if Ihey meet the basic ¢riierion of hAvin¥ a specific le8rnin8 difficulty. unless there are
no available places. In such ca5cs. the child may be pla¢¢d on a wailing lisi.
BURSARI, POLICY
Bur58ry Program
The charity ofter5 bursaries 10 eli8ible students lo help otTse¢ Ihe ¢osl of s¢hool fees. A iwr5ary covers the fees for a half
temi and is r¢viewed every half temi io assess the ong?oing need for financial a5sislan¢e.
When evaluating a parent's finan¢iAI situation. we consider th¢ following factOT5'.
. Artrtual Salary.. The parent's annual income.
Expenses.. Livin8 expenses. inLludin8 mi)n¥a¥¢ QT r¢r)l. utiliti￿. and ¢ranspDrtation cost5.
Famil) Commitments.. OtheT financial oblispations, such ￿ child care. loans, OT dep¢ndents.
If a parent's financial sityaiion warranis ii. we may arrange for monthly payment plan5 to mak¢ the ftt5 more
manageable.
Bv offering bursaries and flexible payment options. the charity aiTn5 to ensure that student5 can acc¢55 j15 educational
services re¥ardles5 of their fin4nrial fiTrun15tanc¢s.
Page 2

The linowl Hill Foundgtion
Repvrt of ihc Tru%tee5
For The I'e#r Endtd 31 Jul). 2024
ACHIE%'E%IEYT AID PF.RF0R￿j,llcF.
B) Ihe end ITrf the academic lear 10?_1.174, Ihc pupil numbers reached 65 places.
Public Exgmlnation$
There ￿ere 9 pupils in Jear I I for th¢ academic year of ?093- ?0?4.
Due ￿ our pupils, needs. w¢ offer a wide range of subjec¢ choices I&Trad¢s awarded acros5 the year group from Unit
Award Schemes and F.nir) l.evel Certificate through io GC-SEI. This ¢nabl¢s all our pupils io leave wilh a range of
qualifications and Lertificales 5uiied to their leaming levels.
There were ?6 grades awarded in the ¢OTe 5ubjec15 of EiigTlish. Math5. and Combined and Co-ordinat¢d S¢icn¢¢.
Computer Science w&s offered as a one-off wutse this year and ihe pupil achieved a ¥rade 4.
We offer¢d 4 BTEC OPiion5. Perfonning Arts (for the first year which is the beginning of a _-yeaT wurs¢k ICT. SrM)rt
and Horne Ci)oKing.
In ICT Lev¢] l and ? ￿ere ￿h)¢￿ed.
In Sprt 4 piipils A¢hie¥ed a lev¢] I merii- disiinciion and I pupil A level ? pass.
In Home Cookin￿, all 9 pupils achieved a level ? award.
The GcSE￿B TEC Awards ￿k¢n this academi¢ year were..
. An, Craft & Design
Texiiles
PholiigTaphy
F.nblish Language
CLifflbined Science
. Co-ordinated S¢ien¢e
His10
. Compuier Science
MaihemAIICS
- BTEC Sport
. EJ'rLC Home Cookin8
- B TEC Perfomiinb Arts
BTEC Funeiional Skills ICT
In l.AMDA. one siudeni completed Devising Drama Grade 7- Solo . awarded Distinction & Speaking V¢T5¢ and PT05e
Grade 7- Solo- awarded Dislinc¢ion.
Student Success and C'ollege Placement5
A wsiiive track T￿Ord of One hundred perceni suc¢¢ssful colle8e placements continues lo contribute to th¢ s¢hcM)I's
repuialion and credibility, atiracting future studenis who aspire lo similar achi¢vemenls.
Variations in exam r¢sulis among siuden¢s are expe¢t¢d due io factors such as differiiib qualificution5, individual
pr¢parntion levels. and apiitudc for specific subjecis. The fact thai th¢s¢ variatlOll5 did Dot imp¢d¢ all 51ud¢nis' pri)8ress
to ¢ollege is a posiiive indicaior ofthe sch(x)I's ¢tT¢¢li¥en¢ss in suptK)rtin8 and 8uidin8 Students.
The successfvl transitions to college placements demonstrate that the school adequately prepwrd students for ihe next
sta8e of their educational journey. This Preparation included..
- Acad¢mic Instru¢tion.' Rigorous ac8detnic programs to ensure students are well-prepared for further cducalion.
College Applicaiion Guidance.. Support with th¢ wllege application pft)cess, including essay WTltin& pe]50nal
ststem¢nts and d¢adlines.
. Career Counselling.. Guidance on ¢are¢r paihs and exploration of wtential majors.
- Other R¢souTces: A¢c¢ss to resources such a5 51andardi5ed iesi prepa￿lOn, college fairs. and meniorship programs.
Equipment
The sch1￿1 has experienced an incTe8s¢d demand for as515tive technology. such as reading pens and lapiops, 10 5UPPOrt
stud¢nts with sp￿lfIe leaming difficulties. To rneel thi5 growing n¢¢d, th¢ school will ¢ontinue investing in new
technologj. to ensure Students have the t(K)Is necessary to ach)￿e their full p)¢eniial.
Page 3

The Knowl Hlll Foundatlon
Report of the TTU5tee5
For'fhe l eAr Ended 31 JulTr 2024
Thi5 inve5ttnent in assistivc technology aligns with the schLX)I's commirmeni ¢0 providing a supportive and inclusive
learning envimnmeni for All studenis. B), equipping $iud¢nts with the appropriate technology, th¢ s¢h(x)l ¢an help them
overcome challenges and achieve their educational g￿]$.
Building5
The s¢h(x)l is committed to mainthining the physical condition of lis buildings ihrough regular repaijs, mainienanee, ond
improveThen15. This includes ongoing re-decoration and a Scheduled maintenance program.
While the school cannot expand its size due ￿ plannin8 reslriciions. it will coniinue io explore ways 10 opiimise lis
exisiing space. This may involve ¢hanges 10 ihe infrasituciure of Ihe school buildings io improve effiLien¢y and ¢Teate a
more conducive learnin¥ environmeni.
By in%'esiing in the upkeep of ils buildin85. th¢ sch￿1 is ¢nsurins a safe. eornfortable. and fimalon￿ learning
environmeni for lis siudents and siaff.
GRANTMAlklNC
Communit) Ln%A%ement And PArtntrshtP5
Whil¢ ihe charity dixs noi have a fomial ¥rant-makin¥ policy beyond bursaries. li actively en¥&se5 wilh local state
s¢hools to shor¢ cxpertise aiid best practlC¢5. Thi5 inLlude5'.
TeacheTIL¢cturer Visits.. Faciliia¢ing visits by tcachers from local sta¢¢ ￿h0O15 to observe the school's srttialised
teaching rneiliiidq and approaclies.
Univ¢T5it>' Research.. C'ollaknrAiinB with universit), departments on research projects and c&5e studies rela¢¢d lo
dyslexia and speLili¢ Icamin¥ di￿lCul¢l¢s. The charity receives copies of these rewns to infomi ils own iea¢hing and
learning practices.
These partnerships coniribu¢e lo Ihe charity's mission by rnisin8 awareness of dyslexia and specific learning ditTiculties
wiihin Ihe wider education Lommunity and shArin8 vRluable knowledge and insights.
CHARITABI.F AC-TII'ITITr:S
Comrnunity In%'ol%tmenl and ("h4ritable C.Ivlng
As in pre%'iou5 Jear5. Ihl sih(x)I hll5 iiilllinued its commitment to supprtirtg variou5 national local charities and
or¥8nisalions. These efforts conlribu¢e ¢0 the school's broader mission of f051erin8 a Sense of swial responsibility and
community en8a8emenl.
Coiiiiiiuiiiiy lTrunii¥r¥liips'. TJi¢ ¥harlt)' wniinu¢d Iv fuillr pann¢rships with luLal OT¥anisaiions And initiailves.
These collaix)raiions hAve allowed the charity to provide expertise or p8nlCtpale in wmmunity events.
Volunteer Pro¥rams.' The school h&s eneourd¥ed siudenis and stsfy 10 pani¥ipaie in wolunteeT pro8fdms. ¢oniTibuiin8
their lime ènd skills to wArious iommunity projerls. These aclivilie5 ha%'e fosi¢r¢d o sense of civic resw>n5ibility and
helped lo slrengihen the charity's conneciion io the local community.
('ommunil>-B8s¢d Initiaiiv¢s.' The charli> has launched or supported community-based initiatives, These initiative5
h8v¢ addressed 5pe¢ifJ¢ needs or ¢h4llen¥e5 %￿lIhIn the community. demon51T&lin8 the ¢hariiy's commitment to %)cial
impact.
By en8agin8 in charitable 8ivÉn8 and wmmunity involvemeni, the school demonstrates ils dedI￿tIOn io positively
impading society and promoiin¥ a culture of service and compassion.
FINANC-IAI, REI'IEII,
Fln#nci81 p051tion
The results for ihe y¢ar are shown in the attached Statern¢nt of Financial Adivities. Income Incr￿Sed from £l,()63,063
in ?013 to £1,818,719. Expenditure inere&sed fn)m £1,569,651 10 £1.690.30? after depwiaiion of £38.203 19023..
£48.6051. There were net incoming resources of £128.417 this year compared to £63.412 l&sl year. Totsl funds carried
foTh%ard have increased 10 £1.124.6381?073.' £996.2•11.
The policy of th¢ %h(N)l is io ensure we have funds availabl¢ befort ony major expenditure 15 incurred.
PrIncI￿1 furtding 50urres
Principal fundin¢ arises fri)m S¢hcM)l F¢e5 collected each Term.
InTre5trnent policy Hnd objeclives
The School'5 rnajor inve51meni is in the Land and B￿lIding$ of ihe Sch(x)l and ID its Tegular upkeep.
Pag¢ 4

The Kno￿1 Ilill FoundAtion
Report of the-l'ruslees
For The I'eAr Lnded 31 Jul) 2024
FINAYC.IAL REN'IEI
Reserve5 polie)
The "Iruslees review ihe financial reports al each bi-rnonihl), Meeting to ensure sufficient reserves are mainthincd for the
need5 of the day io da> wnning of the School. An) surpluses are reiained ￿1th1n the Charity and utilised for School
puryx)ses. It is considered desirable io try io aim io relain %￿￿7L1ent Lash reserwes lo cover ai lea51 one term's
expenditure. Ai .31st July ?074 unre51ricted funds. excludinb fixed assffls, ￿ere £319.000 Compared io on¢ l¢mis
expenditure of approximai¢ly £563.000.
Market N'Alue of Frtehold Property
A coNenani exisis on lh¢ land on whiLh the school Te5id¢5. which siales li may onl> be used for educational purposes.
The Irusiees do not therefore consider it pra¢ii¢abl¢ 10 esiablish wheiher ihere is a signifiLani dityerence beiween ihe
mark¢1 value and ixx)k value of the freehold property.
FIITIIRE DEI'EI.OPMENTS
Srhool Expansion
Prowed Exponslon
Knom'l Hill Special Cducalional Needs SchLX)I plans io ¢xpand lis operaiions by op¢ninb a s¢¢ond Lampu5 to
accommodate up 10 60 4ludent%, A suitable 5ch(K)1 Sile has been ideiilified in nearby Eli51ey and ihe pur¢ha%e of the
property was compleled in July ?0?4. Refurbishments are underway and the s¢hiK)I will open in September ?O?l.
14AI and Flninel#l C'onslderlilorts
restrictive ¢ov¢nanl had been placed on ihe schth)I's land, siipulaiinky lis use for edu¢a¢ional purposes only. To
faLililAte the expansion. 5urveyor5 have been enbyag7ed 10 &s5ess the propert>', an architect ha5 been ￿sIbl￿ed 10
reconfigure the space, J loan ha5 b¢¢n 5wur¢d from a ihird party. and l¢bal and ac¢ountinbT advice ha5 been obtained.
Rationale for Expansion
The expansion of Knowl Ilill Special Ldu¢alion81 Nc¢ds SLh(x)l alibTns with ihe tsTrowinbT need for 5pecialised education
and support for childr¢n Hnd youn¥ pwpl¢ faciTh¥ specific leaming diifiLultics arsd anxicl> disorder5.
Focus of the Seconil C'#mpts5
The new canipus will focu8 on off¢rin8 g wmpreh¢n5ive, wordinated approach to reinlegratin8 children and young
people Stru￿ling wilh schix)I phi)bia. The Kh(x)I will provide a SUP￿}n1¥¢ and nurturing ¢nviTonmenl that enable5
students to access a Sensory and Iherapeuiic school curriculum. includin¥ life ski115 Irainin¥.
This expansion will allow Ihe 5chwl lo reach a broader ran¥c of 51udentS And providv them with the specialised care and
edueaiion Yequit¢d to $u¢¢¢¢d.
TEACHING & CIIRRICIILIIM FIITIIRE DEVEl.0P￿1E￿TS
External courses for st8tYfor the year in¢luded..
Two 51aff members compleied their L5 Dyslexia Diploma with Dyslexia Action.
Two sialymembers ar¥ compleiing iheir se¢i)nd year of Farly Career T¢achingk IECTI
On¢ m¢rnber ot'ststY¢ompleicd (he Foresi School Training.
One staff member 15 compleling the LS Dy51exia Diploma thiih Dyslexia Action.
All staff receii'ed 5afebJuardinb) Awareness training on INSET day by a safeguarding Consultant.
All staff ￿ee1Ved GDPR training.
All staff Teceived Health & Safety trainin8.
Therapists are also attended courses in 5ensoTh Inieg?raiion.
Iniernal irainin¥.' Siaff Iraining ¢on¢inu¢d on 11 ednesday afiemoon5 on subjects including..
Trdining on dyslexia. Developmental Language Delay IDL Dl. 5ensory' pr￿eSSing ditri¢uliies. attention diffjculties.
Auditory Pnxessing Disorder IAPDI and Developrnenthl CO￿rdination Di50Td¢r.
STRIICTI'RE.C.nl'FRf*AYCE AND ￿1A￿Ac.EmENT
Governin% docurnent
The charity is eonirolled by its governing docurnent, a deed of trust, and cortstitutes a limited cornpany, limited by
guarantee. &s defined by th¢ Cofflpanies Ad 2006.
Page S

The Knowl Hill Found*ilon
Report of the Trustee5
For The I'eAr Ended 31 Julv 2024
STRL,CTIIRE. GO%,ERNA￿cE A￿D MANAGE￿IEyT
Orggni58tion
Da)-Io-DA>' ManA%ernent
The day-10-day managremeni of ihe charity is delegaied io the headmasier by ihe trnstees. This ap￿Intment aligns with
the Lharity's governance 51ru¢iure and ensures thai the heAdma5ter has the necessary authority to overse¢ the Kh(x)I's
operaiions.
Trustee ￿]eetIngS
The truslees rneel twice per lem ￿ Teview the ¢harity'5 p¢rfoThnan¢e and PTogr¢55. These meetings are attended by the
headmaster and a statTrepresentative. The following reports are presented to the tNstees ai each meerin8.'
Headmasier's Re5x)rl.. Provide5 an overview of the schix)I's academic, pastornl. and extrdcurri¢ulgr ￿tIvITIeS. as well as
any significant developments or challeng¢5.
Offic¢ Manager's Rewn.. This r¢)x)r¢ dfflails the s¢hth)I's admini$irnii%e funciions. including health and safety and
propety mana&Temeni.
14R Rew)n.. This rew)n summari5es the School's human resources activilies. including recnkiimeni, sthtT development.
and perfomi&nce manabyement.
SiafT Representaiivc's Rep)n.' Provides feedback flom The statT on issue$ affectin￿ their workin8 conditions and
morale.
Saf¢b?uarding Rewn.. This repon addresses Ihe ￿h￿l,$ safeguarding policies and procedures, ensurin8 th¢ 58f¢ty and
w¢ll-b¢ing of siudenls and slaff.
In addition lo these regular meetings. th¢ twst¢¢5 also meet with the headma5teT io dI￿U$S deiAiled specifie fingn¢i41
matter5. such as,.
School Finances.. Review5 the eharitv's financial perforniance. includin8 income. expenditure. and reserves.
Cupitsl [.X￿17dItur¢s.. DisiU55es plllnncd invcsimeni& in lh¢ school's Lnfrasiruciur¢, ¢quipmeni. or faciliiies.
Future tkvelopments.. Fxplores ￿)len(lA1 future projects or inilialive5 thai aliyn with the charity's strdiegic objectives.
This ¥ovemance 51ruclure en5ure5 that ihe trustees are aciively involved in overseein¥ the ¢hArity'5 opcration5 and
m#kirt8 Lnformed deci5ion5 about it5 future dir¢dion.
Trustet Recruitment Induction Proress
711¢ ihurily'5 IruslcL' r￿rUItnIrnt pr(Kr55 aims 10 idiniify indiwiduals wilh Ihe neLessary ski115 and ¢xperience io
contribute efTe¢iively lo the knard'5 governantt. The E¥)ard h&5 Tw¢ntly recruited a twsiee with general man88¢menl
experience from a commercial environment and will finalise the appointment of 8 new trusiee with A financial services
background.
To provide a comprehensive understanding of ihe charity'5 operations and 8overnance. potential trustees are provided
wilh th¢ following inlomiation..
Annuol Reports and Accounts.. These docurnenls offer insi8hts into the ¢harity's finanrial perforrnance. E¢iiviiies. and
5trate8ic direction.
Gov¢ming Trust Deed.. The tTus¢ deed outlines the Charity's legal fTamewoTk. including its tx)wers. duties. and
resw)nsibiliiies.
Charity Commi5sion'5 Guidance.. Th¢ Chariry Commission's guidance. The E55elltial Tn￿le¢. provides e55ential
inforniation on tru5tee5' roles. re5ponsibiliiies, and legal obligations.
Once a potenlial trustee h&s reviewed this information. the) are invited lo attend a regular board m¢eting to meet existin8
trU51ee5 and gain firsihand experience of ih¢ ¢harity'5 0￿r￿(lon5. During this meetin¥. the prosp¢ctiv¢ trustee h&$ the
opportunity, lo ask quesiions, discuss their ￿tential contributions. and assess their suitability for the role.
If there are no objections from eith¢r the existing trustecs or the ￿￿tentIal trustee. a fomial tnvi¢aiion to joiii the Ix)ard is
extended. The aptx)intment is conditional urx>n the completion of an). necessary due diligence and the ￿¢￿¢¢ of the
role.
To ensure that all trustees are fully informed of iheir reswnsibilities, the charity require5 new trustees to read the
relevani Charity Commission ¥uidelines. Th¢% guid¢lin¢5 clearl) outline the legal and ethical obli8ations of ￿$TeC5.
in¢luding ih¢ir fiduciary duiies. ¢onfli¢i of interesi management. and dwisiop-making PTOCeSSeS.
Page 6

The Knowl Mill FoundAtion
Report of the Trustee5
For The )'ear F.nded 31 July 2024
RFFF.RFNC£ Al*D AD￿lI￿lsTIL4TjN'E DETAILS
Auditors
Fuller Spurlin8
Siaiuiory Auditor5
Mill House
58 Guildford Sireel
Chertsey
Surr¢y
KT16 9BE
Banker5
HSBC plc
6 comme￿Ial Way
I'okifig
SuTrey
GU*1 IEZ
STATEMFf*TOFTRIISTFFS' RTr:SPOYSIBII.ITIF.S
The irusiec$ 1%4ho are alw IhL dircLI()N i)I' Th¢ kni)￿.1 Ilill Foundaiion for ihe purrK)ses of wmpany lawl are responsible
for preparins the Report of the I'ru51ee5 and the financial stalernen15 in accordance with applicable law and United
Kin¥dom AcLouniin¥ Standards IlJniied Kingdi)m CJ¢ncrally Aicepi¢d Ac¢ouniing PrA¢ii¢el.
Company law requires the tru51ees io prepare finan¢ial stalemenis for each financial year which biive R true and fair view
of the stAie of aflaiT4 of the ChariiublL Ll)mpany and ()f the inloming resour¢es and appliiaiion of r¢souN*s. in¢ludin
the incorne and expenditure. of the chaTi¢ablc company for that period. In prepthring thL￿¢ financial statements, the
irusiees are required 10
sel￿t suitable a¢¢ounling polici¢5 and then llppl>' them consist¢nily.'
observ¢ the m¢ihods and principl¢s in ihe Chariiy S()RP.
make juduements and estimates that are reasonable and PTudenl:
prepare the financial sthiemenis on the going concern basis unless il is inappTopriate to presume that the charitable
company will con¢inue in business.
The irusiees are responsible for k¢¢ping prop¢r ￿￿untIn¥ reeord5 which diselose with re&8onable accurncy at any lime
the financial psltion of the LhariiAble c()nipany and to enable Ihem 10 ensure IhAI the finanLial staiements wmply wilh
the Conipanies Acl ?006. 1'h¢y are 8150 re5Fxin5ible for sAt¢guardin¥ th¢ &ss¢ts ofthe ¢hariiable company and hence for
rakin8 rYa5unablc &icps for th¢ prevciiiitrii 4Lnd del￿110￿ of fraud an¢J oihcr irTe¥ularilie5.
In so far as the irusiees aware..
there is no relevant audii InfO￿allon of which the charitable COTnpany's auditors are unaware.. and
Ihe irusiees have iaken all sieps that the>. ought to have taken to make themselves aware of any relevant audii
inforniation and to establish that the auditor5 are aware of ihot infomialion.
AIIDITC)RS
The aud2tor5, Fuller Spurlin8* will be proposed for re-apw)inim¢nt at ihc forthcomins Annual General Meeting.
Approved by order of the Ixwd of trnstees on....
d signed on its behalf by..
Trustee
Page 8

The linowl Hill Found*tion
Report of the Trustees
For The l'ear Ended 31 Jul), 2024
STRIICTLIRE.GO%'ERYANCE A￿D MANAGEMEYT
Trustee Rectwitment And Induction Proce$$
By following this slruclured recruitment and induciion process. Ihe Charit) aims ¢0 aiiraci and retain qualified tNstees
who are committed ¢0 ils missitsn and capable ofpToviding effeaive biovemance.
Risk id¢ntiflcitlon ind manfjgernent
The trnstees have a fiduciary du￿ io ideniify and assess the risks facing the iharily and iniplerntnl appropriate controls
to mitigate those risks. This in¢ludes safeguArding the charity 5 &S5et5. ensuring cornpliance wilh l¢g81 and regulaiory
requirements. and protecting the interests of b¢n¢fi¢iaries.
M*Jor Rlsk Identlll¢*iion
The irusiees have conducted a thorough Tisk assessmeni and identified ihe loss of Sludenls th¢ rnosl significani risk io
th¢ ¢hariiy's financial 5UStainability. A decline in siud¢ni numbejs could reduce income and ￿tentIallY necessitate staff
cuts. To address this risk, Ihe irusiees have established a minirnum siudenl enrolm¢ni ihreshold necessary io cover the
charity's overhead costs.
In$urAnce C-overH%t
The school mainiains adequate insuranee co%'eTage to prol¢d abiainst various risks, inLluding public liability. Thi5
insurance is reviewed annually lo en5ur¢ li remains appropriaie and surriLieni.
Sch￿] Trip Risk Assessments
The headrnasier and the educational visits coordinator are re5ponsibl¢ for conducling risk assessments for all school
trips. Thes¢ assessmenis are reviewed throubh ihe Evolve 5)stem and bj. a trusiee wilh ¢¥perience in risk mana8¢m¢n¢.
This dual review pr￿esS helps ¢0 ensure (hai appropriate measures are in place lo safebTuard siudenis on irips.
S•fegugrdini ind E.SAfety
A trustee attends safeguarding meetings each tem ¢0 review ihe schwl's safeguarding policies and Pr￿dUr¢s. These
meetings involv¢ the desiunaied 5afebTuardinb lead and ihe e-safcty represeniaiive. This over5ibihi helps en5YTe ihat ihe
sch(x)I complies with saf¢guarding regiulaiions and tskes proactive steps io proiL'¢l siudenis from hami.
B>. implementing these risk management me&%ure5. the trustees are demonstrating their conimilmenl to swfeguarding the
¢h#rity's H5%ets. proieciin¥ the interests nf ￿￿eri¢larIC5. and ensurinx the schMI's Ii)ng-iem) 5u51ainability.
REFERENCE AND ADMIYI Is'fRATIV'E DETAILS
Registered Compon>. numbpr
02274166 IEngland ￿ld Il'alesl
ReRister¢d Ch*rlty number
299690
Registered office
Schwl Lane
Pirbri¥h¢
Surrey
GU74 OJN
Trustees
Jccwke
K Rowland-t)oyle Iresigned 10.10.231
A M Rhodes
E M Spcncer
K Govender
RKLaw
J Boiham (appointed ?3.10 ?41
N A Le8gett lapp)inted 24.10 ?41
Comp•ny Secretary
A M Rhodes
Pag¢ 7

Report of th¢ Independeni.luditor* fo the Member5 of
The l&nowl Hill Foundaiion
Opinion
e hal'e audited the financial statements of The Knowl Hill Foundation Ithe charitable con)pan)'I for the year ended
31 July ?0?4 which Comprise Ihe Siaiement of Financial Aciivilies. the Balance Sh¢ei, Ihe Cash Flow Staiemeni and
ote5 to the finan¢ial sthiemenis, includinbT a sumniary of 5ibJnifi¢ani acwunting policies. The financial rewrtin
frame￿.OrK" that has b¢¢n applied in their preparation is appli¢8bl¢ law and Lni¢ed Kingdom Accounting Standards
(Lniid Kingdom Generally AcLepied A¢¢ounling Practice).
In our opinion the financial 5taiernenis'.
ive a true and fair view of the SLiie of ihe rhari¢abl¢ cojnpany's affairs &s al 31 July *0•4 and of its incomin8
resources and application of resources. in¢ludinb> ils incc)me and t¥￿nditUre. for Ihe year then ended..
have been properly pr¢p4r¢d in accordance with L'niied Kin8dom GenLrall> ,Aii¢pi¢d Ai¢ouniing Prn¢ti¢e: and
hav¢ been prepared in acciirdance with ihe r¢quiremenis of ihe Companies Act ?006.
Basis for opinion
I'e cunducled our audii in acwrdance with Iniemational Siandards on Auditing IUKI IISAS IL',Kll and appli¢abl¢ law.
Our resFx)nsibiliti¢s llndeT those siandards are further desLribed in the Auditors, r¢stK)nsibiliiics for th¢ gudil of th¢
financial siaieTllen15 sedion of our rcp)n. We are independent ofihe charilable coinpany in aLcurdan¢e with the eihical
requirements that are relevant lo our 8udil of ihe linancial siaicmcnis in the UK. including) Ihe FRC'S F.Ihical SiandArd,
and we have fulfilled our oiher vthilal r¢spL)nsibiliiies in accordance wilh these requireinenls. I￿,¢ beli¢v¢ thai the audit
evidcnce we have obtained is sutTi¢i¢n¢ and apprÉ)priaie ￿ pmvide a bAsis for our (Ipini()n.
Concluslon5 relating to ffoiDR eoncern
In audiiinb th¢ finanLial 51aten)enis. we have concluded thai ih¢ trustees, use of ihe going concern basis of ￿COuntIng in
the preparation of Ihe financial stsi¢m¢nis is appropriate.
Ba￿ on the work we have perfomied. we have noi identified any maierial un¢¢rtainiies r¢181in& 10 ¢venis OT ¢ondiiioiis
that. individually or colleLiively, maj ca51 significant doubt on the charitable cornpany's ability lo continue &s a 8Olllb
con¢eM for a period of at least twelve months from wh¢n ihe financial stsi¢menis are auihorised for issue.
Our resrK)n$ibilities and ¢h¢ re5ponsibili¢ies of ihe trustees wilh respect 10 80ing concern are described in the ￿levant
sections of this re￿rt.
Other infomiitlon
Th¢ tnjsiees are ￿S$x>nsib1t for lh¢ other infonnatioii. The other infornialion comprises the infom)ation included in ihe
Annual Re¥x>rt. oiher than the financial 51atemenis and our Rewn of Ihe Independeni Audiiors iheTeon.
Our opinÉon on the financial sthiemenis does noi cover ¢he oiher inforn)aiion and. excew to the exieni oiheTwise
explicitly 51ated in our report, we do noi express an) fomi of assurdnce conclusion ihereon.
In connection with our audit of the financial sta*menis. our reswnsibility is io read the o¢her inf0m￿lon and, in doing
80. consider knh¢th¢r thc oih¢r inforrnalion 15 rnaleriall) incon5151enl with Ihc financial stalenienls or our knowled¥¢
obtained in the audil or othernvi5e appear5 to be materially mi55taled. Ir we identify. such material in¢onsi51encies or
apparent maierial misstaiements. we are required io deiemiine ￿hthher ihis gives rise lo a maiLrial mis51alcnieni in th¢
rinancial 51alenienis themselves. If. b&sed on the work wc have perfornied. we conclude that Ihcrc 15 a material
misstsi¢m¢nl ofihis oiher informaiion. we are ￿qUired lil rew)n Ihai fa¢1. We have noihinb li) report in Ihis resard.
Oplnlons ort other rnatter5 prewribed b) the C-ompanie5 Jlct 21H)6
In CIUT l)pinii)n. based i)n the M'ork" undertaken in ihe ci)utse ot'ihe audi¢..
the inforniaiion given in the Rery)n of Ihe TTUStees for ihe financial year for which the financial statements ore
pryred is consistent ￿1th ihe financial siatemenls: and
the Report of the Trus¢ees b¢en pr¢p8red in a¢cordance with applicable lesal requirements.
Page 9

Report ofthe Independent Auditors to the MeThbers of
The knowl Hill Foundation
MAtters on which we are requir¢d to rewbrt b>. ¢x¢eption
In ihe light of the knowledge and undersiandins of the charitsble cornpany and its environment obtained in the COU￿ of
the audit. we have not identified rnaterial tni55talement5 in the Rewrt of the Trustees.
We have nothing to rew)rt in Te5pect of the following matter5 where the Companies Act ?006 requires us to rew>rt to you
if. in our opinion..
adequaie a¥¢otsniing records have no¢ been kept or rdums odequaie for our audit have noi been received from
branch¢s not visited by us: OT
the financial staiements are noi in agreement thiih the accouniing rectsrds and retums: or
cemain disclosures of irnsiees, remuneration specified by law are noi made,. or
we have not recei%ed all the infomialion and explanations we require for our audit.. or
the tNstees were not entitled to lake advantase of the small companie5 exemption from th¢ r¢quir¢ment to prepaTe a
StrAie¥iL Rewrt or in preparin￿ lh¢ Report of the Trustees.
Responslbilities of trustees
As explained rnore full%, in Ihe Statement of Trusttts. Reswnsibilitie5. the In15¢ee5 Iwho are a150 th¢ direc￿r5 of the
horitable compan) for the puty)ses of wmpany lawl are reswnsible for ihe preparniion of ihe financial statements and
for bein¥ SlllisfiLd ihal ihc), Bive a true and fair view, And for such internal control a5 the tru51ee5 dfflennine is n¢ttssary
to enable the preparation of fjnaneial Statements that ar¢ fre¢ from m&terial misststement. Mh¢ther due w fraud or error.
In preparing the financial sthiemenis, Ihe ¢rusiees are responsible for assessing the charitable company's ability to
ntinue &s a going concern. disclosing. &s applicable. matters related io going concern and using the goin8 concem
b￿lS of 4¢wuniing unl¢ss ihe irusiees eiiher iniend 10 liquidaie ihe charitsble wmpany or to cease operdlions. or have
no realistic altemaiive but to do $0.
Our rejponslbllities for the fiudl¢ of th¢ flngn¢lo1 st4t¢rnent$
OUT objectives are to obtsin reasonable &ssuran¢¢ whether th¢ financial s¢aiemenis As a whole are free from
material Inissthiemciii. wheiher due 10 fraud or em)r. &nd 10 issu¢ a R¢wrt of the Ind¢p¢ndeni Auditors that includcs oyr
opinion. Reasonable assurnnce is a hi8h level of &ssurdn¢e. bui is noi a biuarJnl¢¢ thai an audit conducted in ac¢oTdanee
with ISAS IUKI will always deie¢i g maierial misstaiemeni when it exisi$. Mis$iat¢men15 can arise fn)m frnud or error
and are considered malcrial if. individually OT Ln ihe 8￿re￿￿&te. they Could reas()nably be expectcd lo influence the
economi¢ decisions of users taken on the basis of these financial stalemenls.
The extent to which our PTo¢edur¢s gre capable of dffleciing itTegularities. including frftud is deikiled b¢low'.
We obtaincd an undcr51andin¥ of th¢ l¢go1 and Tegulaiory frameworks thai are applicable io the Charitable Company and
ddermined thai ihe most significant are those that relalc lo th¢ Chariiics Acl ?01 l and Ch&riiies SORP &s they diT¢CtIy
impa¢l way ¢h¢ enli¢>' ¢ondu¢ts lis alTairs and presents infonnaiion in it5 financial staternents.
We assessed the risks of material misstsiemeni in r¢5P¢Ct of fraud by making enquiries of mana¥emeni and Ih05e
charged wilh ¥i)vernance. The audit team discu55ed and identified particular areas that M'ere susceptible ￿ missthiement
as part of their fraud discussion.
Bascd on th¢ results of gur Tisk assessment we designed our audit prtK¢duTe5 to identify non•￿mplIancc with such law5
and re¥ulations identified abo%'e and made enquiries of mana8emeni and those Charged wi¢h governance. We
eorroboTated our enquiries through the review of appropriat¢ documentation. We did not find any contradictory
evidence.
We considered the risk of fraud through management override and in response w¢ tncorpoTaled testing of manuw] journal
entries. trx)th durinB the year and at year end. inio our audit approach.
Based on the re$ult5 of our risk assessment w¢ designed our audit prOc￿UreS to identify and address material
misstatement5 in relHlion to fraud in relglion to Ihc possibility of frnudulertt or corrupt paym¢n¢s given the 5Lze of the
entity and the limiiation on ihe segrtgaiion of¢¢tiain dut1¢5
W¢ in¢orForaied an element of Unp￿dIctab]I1ty in the selection of the natur¢. liming and ¢xteni of our audit ptt)cedures.
A further description of our ￿5￿nsibilitieS for the audit of the financial siaiemenis is located on the Financial Re￿nIng
Council'5 website al w￿￿.fr¢.0rg.Ukn8￿dlIOrSr¢Slx7lIsibil1lies. This descripiion fomis part of our R¢w)rt of the
Independeni Audiiors.
Pa8e 10

Report of ihe Independent.4uditor5 to the MembeT5 of
The Hill Fouthd4lio
l.'5e of our report
This report is made 501el} to the charitable compan>'s members, as a body, in a¢¢ordance with Chapier .1 of Part 16 of
the Cotnpanies A¢1 ?006. Our audit work has been undertaken so that w¢ mighi siaie io ihe charithble Lompany's
members those niatters we ar¢ required io stale to theTll in an auditor5, report and for no oiher purpose. To the full¢si
¢xi¢n¢ p¢miitt¢d b) law. we do noi aci¢pi or a55Utn¢ rcspons1bili￿. lo an)one other than Ihe ¢haritable company dnd the
Charl￿ble coFnpany's members as a kndy. for our audit w'ork. for this r¢wn. or for the opinions ￿'e have formed.
Mark Harvey (Senior Sth¢uiory Auditor)
for and on bchaifof Fuller Spurling
Siatuior> Audiiors
Mill House
58 Guildford Sireei
Chertsey
Surrey
KT169BE
Pagell

The Knowl Hill Foundation
Stalement of Financial .4ctiiities
{IncorporAting gn Income And Expenditure Aeeount)
For The Year Ended 31 July 2024
31.7.24
Total
funds
31.7.23
Total
funds
Unre5tTiCted
funds
Restricted
funds
Notes
IliCOME AND EYDOII'MENTS FROM
lJ)nalions and lega¢ies
85,629
85,629
12.670
Ch4ritiblt #oivittes
School fees
1.710.110
1,710.110
1.609.580
Investment incom¢
22,980
22,980
10.813
Total
1,818.719
1.818.719
1.633,063
EXPENDITLRE ON
Charitable activitie5
School expenditure
1.6(A).206
1,690.302
1,569,651
ISET INCOMLI(EXPENDITIIRE)
128.513
1961
128,417
63.412
RECONCILIATION OF FL,NDS
Totsl fijnds brought forward
995.801
420
996,221
932.809
TOTAL FUYDS CARRIED FORW'ARD
324
1.1 ?4.638
996,221
The notes fonn part olihese fEnancial statements
Page 12

The Knowl Hill Foundation
Balante Sheet
31 Jvl) 2014
Unresiricied
funds
Restricied
fund5
Total
funds
Total
fund5
Notes
FIXF.D.4SSETS
Tangible assets
12
805,660
170
805,830
156,354
cl1RRE￿ ASSETS
Stocks
Debtors
Cash ai bank and in hand
13
14
3.000
79,790
1,039.404
3,000
9.5.875
89f,979
79.790
1.039,250
154
1.122.040
154
1,1?? 194
994,854
CREDITORS
Amounts falling due within one vear
15
1 154,2881
1154,2881
1154,9871
NET CURRENT ASSETS
967,752
154
967,IX>6
839.867
TOTAL ASSETS LESS CURRENT
LIABILITIES
,77J.41)
324
1,773,736
996.221
CREDITORS
Amounts falling due after more than one year
16
1649.0981
1649,098
NET ASSETS
1.124,314
1.1?4,638
996.221
FIINDS
Unrestricted funds
Restricted funds
1.124.314
i24
995.801
4?0
TOTAL FLYDS
1.124,638
996.221
These financial statements have been prepared in accordance with the provisions applicable to charitable cornpanies
subjeci to the small ¢om]Mnies rygime.
The financial 5tateTnents were approved by the Board of Trusiees and auihorised for issue
a-. Xa-..Jo and were signed on it5 behalfby..
on
K Govender- Trustee
Th¢ notes fomi part of th¢se financial stai¢tnenis
Page 13

The Knowl Hill Foundation
CA$h Flow St#tement
For The l'ear End¢d 31 Juli 2024
31.7.24
31.7.23
Noies
Cash Ilows from oper9tiDg a¢tivities
Cash bi¢neraied from operaiions
Inieresl paid
105,886
134,685
Ne¢ cash PTovided by operdtirtu activities
94,215
134,685
CAsh flows from inwestln2 ACtivltie5
Purchase of ianb)ible li¥ed asseis
Inte￿$1 received
1687.6791
18.980
14.9391
10.813
Nei cash (used inllprovided by investing activities
1668.6991
5.874
Cash llows from financing aetiviti
New loans in ycar
Loan repaymenis in >ear
720.000
Nel ¢￿h provided by financin8 Ac¢iviiies
717.909
Chan%¢ in ¢Msh and eosh equlvAlents In
Ihc repDrtlNK l)trlod
Cash and ¢h%h equliAleni$ li the
beRinninK of the re￿rtIn* Ptrlod
143.425
140.559
895.979
753.420
Cgsh and ¢a*h equli•lent$ Al the end or
¢h¢ r¢w)rting period
1.039.404
895.979
The notes fomi part of these financial siaiemenis
Page 14

Th¢ Knowl Hill Foundation
iYote5 to the Cash Flow StateMent
For-l'he l'ear Ended 31 Jul). 2024
RECONCILIATION OF ￿ET INCO￿lE TO YET CASH FLOW FROM OPERATIYG Acri￿.1T1ES
11.7.•4
31.7.•3
Nei in¢orne for the reporting period las ptr the Sixtement of Fin•rtri*l
Actil'itiesl
Adju$tmeNt5 for:
Depreciation ¢haT¥ies
Interest Teceived
Intere51 paid
Decrease in debiors
Decrease irt credito
1?8.417
63.41?
48,605
110.8131
118.9801
16.08.5
169,5091
176,750
1143,269
Net Cgsh provided by oper9tions
105,886
134.68.5
Af*ALYSISOFCHANGES IN IIET FIIYDS
At 1.8.?3
Cash flow
Ai 31.7.24
Net C95h
Cash at bank and in hand
895.979
143.425
1,039,404
895,979
143,4?5
1.039.404
Debt
Debt5 falling due within l year
Debts falling due after l year
168.8101
1649.0981
168,8101
1649.0981
1717.9081
1717,9081
Totsl
895.979
1574,4831
Th¢ notes forni part of these financial statements
Pag¢ IS

The Knowl Ilill Foundatio
r*ote5 to the Financial Statements
For The ) ear Ended 31 Jul) 2024
ACCOUNTING POLICIES
Basis of preparing the financigl stfitements
The finan¥ial 51at¢rn¢nt5 1)f the Lharitabl¢ Company. which is 8 public benefLt ¢niiry under FRS 102. have been
prepared in aLcordance wiih the Chariiies SORP (FR5 1011 '.4ccounting and Reporting by Chariiies- Ststemeni
of Recommended PrdLlice applicable to LhaTilies preparing iheir accounis in accordance with the Financial
RerK>rting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20151,.
Financial Reporting Standard 10? 'The FinanLial Rewning Siandard applicable in ¢he UK and Republic of
Ireland,. the Chariiie5 Act ?01 l and the Co]npanies Aci ?006.
Asgels and liabilities are initially recognised at historical cosi or ironsaciion volue unless otherwise sthted itt the
rel¢vanl aceounling policy notes.
In¢orn¢
All income 15 r¢wgni5ed in the Stsi¢m¢ni of Financial Activit1¢5 on¢¢ th¢ ¢harity enlitlement to the funds, it
is pn)bable thai Ihe income will be received and the amount can be measured reliably.
School fees are stsled inclusive of reimbursed ir8v¢l. s¢hool trips. exam fe¢5 and oiheT Costs. Amounts invoiced
in adv1￿¢¢ are iarried forward io the relevani &Lcountin¥ period.
DonAtions and Brnn15 are acwunted for when rw¢iv¢d
Expenditure
Liabilitie5 are recognised Ls expenditure as soon &$ there is a le￿1 or construdive obligation cornmittin8 the
eharily lo that e¥penditUTe. il is probable that a transfer of economiL benef21s will ￿ required in settlement and
the amouni of Ihe L)bligaiion can be measured Teliabl>. E¥penditure is accounied for on an ￿¢r￿al5 basis and has
been LIabsifi￿ undcr hcadin¥s that a¥gre¥al¢ all L051 rLl&ird iv Ihc catc￿Ory. Wli¢r¢ w$is ¢annoi be directly
ai¢ribuied ￿ panicular headin¥s Ihey hove been all(Kaled to activities on a b&sis wnsisleni with the use of
resources.
C'hfiritAble fictiwiti¢S
Chariuble acli%iiies inLlude e¥penditUTe ￿￿la1¢d wilh the operaiion of the school and include both the dire
cos¢s and supw)rt wsts relaiing 10 these activities.
Gov¢rn*n¢¢ eosts
Govemance costs include Ih05e inciirred in the governon¢¢ of ihe ¢hori¢y And its assets and are primarily
a550cialed with con51ilutional and Statutory requiremenis.
.4IIo¢AtiOll And Apportionmenl of costs
Siipwrt include i¢ntral fuiiciions and have bttn all(Kaied 10 activity Cost categories on a basis con515tent
with the u5¢ of Te50urces. e.g.. allocatin¥ property costs b>. flix)r areas or per capila. staff costs by th¢ lime 5pcnt
and other costs by their usag¢. IOD/o of overhead Costs have been attributed to 8overnance expendiiure. with 900/0
attributable lo Ihe chariiable aciiviiies of the Charity.
TAngible fixed 89s¢ts
Depreciatloll 15 provided 81 ihe following annual rates in order to write oif e￿h asse¢ over its estimated useful
Frtthold prO￿rt},
Equipment &. furniture
Moior ¥ehicle5
Computer equipment
50/0 on ¢osi
ry￿/￿ on cost
250/0 on cosi
33% on Eost
Fixed Assets are stated al C05t le55 ￿¢Um￿laTed depreciaiion. The costs of minor additions or those costing
below £l.000 are not ¢APltalis¢d.
StoclLS
Stocks are valud * th¢ 1gw¢r of cost and net realisable value. after making due allowance for obsol¢te and slow
moving iierns.
Page 16
continll¢d...

The Knowl Hill FoundAtion
Note5 to the FinAn¢ig1 Stgtements- eonlinued
Tror The I'efir Lnded JI Jul). 2024
ACCOIIYTINC POLICIES- ¢ontlnued
TJx#tio
Th¢ Charity is exempi from corrK)t3tion t&¥ on its charitsble aclivilies.
Fund 9ccouniing
Unresiricied funds can be used in a¢¢ordance with ihe charitable objeciives at the disLreiion of the trustees.
tksibynaied funds 8r¢ sel pside by the trustees out of unTestriaed genernl funds for specific future purposes or
project5.
R¢styi¢ied funds Can only be used for particular resiri¢ied PUTfrt)ses within the objecis of the charity. Resiriciions
arise when specified b>. the donor or wh¢n funds ar¢ raised for parti¢ular r¢51ri¢ied purtK>s¢s.
Further explanation of the naiure and purp)se of each fund is included in the not￿ 10 ihe finan¢ial sthi¢m¢nts.
Pension cost5 and other post-retirernent bpnefitS
The chariiable Liinipany operaies a delined LLiniribulion pension scheme. Coniribuiii)ns payable 10 ihe chari¢able
company's pension scheme are charyed lo the Sta*meni of Financial Aciiviiie5 in the period 10 which they relate.
Debtorg
'rrade and other debtors are r¢cognis¢d ai the settl¢m¢nl amovni due after gny trad¢ di%ount otTcred.
Prepayments are valued at Ihe amount prepaid nei of an> tr4￿¢ dis¢ounis due.
C15h At bank and in hHnd
Cash 01 bank and ¢osh in hand includes Cash ai bank And in hand, and demand dep()siis wilh banks.
C"reditors
Crediiors and provisions are reLo&inised where (he Lharii). has a present ohligalion resuliing from a past event
Ihai will probabl>, result in the transfer of fund5 10 a third party and the amount due li) settle lh¢ obli¥aiion Can be
meLsllred or ¢%limaled reliabl>'. Creditor5 and provisions are nomially reco8nised at their settlemeni Amount after
allowin8 for any trndc dis¢oun15 due.
DONATIOYS AYD I.EC.AC'IES
31.7.24
Total
funds
Unrestricled
Re5tri¢ted
runds
Total
funds
Donations
INN"ESTMEiYT IYC.OME
31.7.24
31.7.23
Total
funds
UnTestricled
funds
Restricted
fund5
funds
Ren15 received
Deposit 8c¢ount interest
4.000
18.980
18.980
10.813
22,980
22,980
10.813
Page 17
¢oniinu¢d...

The Knowl Hill Foundaiion
otes io the Fin#neiAI Siaiemeni$- coniinued
For The l'ear Ended 31 JulTr 2024
lTr¥COME b"ROM CIIARITABLE ACTIVITlkS
31.7.24
31.7.23
A¢iivity
School Fees and Reimbursed
charges
Sch(￿1 fees
1.609,580
CHARIT,IBLE ACTIVITIESC.OSTS
Direct
C(isis (see
note 61
Support
costs15ee
note 71
Tota15
School expenditure
1 ?98.?76
391.026
1.690,302
DIREcf COSTS OF CIIARITABLE AcfiviTIES
31.7.24
31.7.23
Staff costs
Edue81ional supplies
School Trips
DAII) travel cost ofpupils
(hher overheads
Bur50ry Awarded
Compen5alion- loss of office
tkpre¢igtion
1.195,947
19.386
?3.860
12.596
12.303
1.103.794
20,775
23,698
25,441
13,899
20,(
43,235
34.184
1.298,?76
1.266,623
SIIPPORTCO￿S
Overhead
costs
Governance
¢OSls
Finance
Totsls
School expenditttr¢
17? 871
207,484
392.026
Supwrt costs. included in th¢ a￿0Ve. are 45 follows..
OverheAd r0515
31.7.?4
School
ex￿ndItUre
31.7.23
Tothl
activili¢s
Rtnts, Rates and Insuran¢¢
Light and heat
Telephone
Repairs and Renewals
Compuier Expenses
heT EXpen￿S
24,452
12,036
4,614
59,020
20.737
12.477
4.333
37,45
28.567
28.529
39,521
172.871
132.095
Page 18
coniinued...

The Hill Foundition
Notes lo the Financial SIAtements- continued
For Thc I'eyr Endtd JI July 2024
S('.PPORT COSTS- tonthnued
GoTrerNance costs
31.7.24
School
expendiiure
Toial
aciii'iii¢s
Wages
Social se¢uriiy
Pensions
Auditors. remuneraiion
Auditors. remuneraiion for non audit work
Renis. Raies and Insurance
Lighi 2nd Heat
Telephone
Repairs and Renewals
Compuier Fxpenses
Other Expenses
Ac¢i)uiiianry and le￿al fees
tkprcciation (If tangible ftxed assets
119.747
110.?98
9.73_1
?,890
7.800
4.5.16
?.717
1.337
7,800
1.-186
481
6.5.$8
-1.174
-1.170
4.391
39.039
4.018
5,370
?07,484
170.93.1
NET IliC'OMEIIEXPEYDITIIRL)
Nei incom¢ll¢xp¢ndilurel is stai¢d after char￿lM￿(credItinBl'.
31.7.24
Auditors, remuneration
Audiiors, remuneraiion for non audit work
Depreciation. owned asseis
7,800
4,536
38,?O.A
7.800
48.60.S
TRL1STEES' RLMI.'YERA'fioN AliD BLYLFITS
k. Cinvend¢r is x memher nf the Bi)ard and milna¥inu direanT and is alqo a salaried memher i)f 4tAff which 1% in
cordHnc¢ ￿1th the Memorandum and Articles of Association of the charity and approwed by the Charities
Commi55ion. Ills salary pension ￿nefit for the yeAr was £75.14].
Tru5tees' exp¢nsey
There were no trustees, ¢xpens¢5 paid forthe year ¢[￿ed 31 July 2024 nor for the year ended 31 July •O•3.
10.
srAFF COSTS
31.7.?4
31.7.23
Wages and salaries
Social security costs
Other pension costs
Compensation for loss of office
1,197.470
10?.464
28,897
1.107979
97.?.78
2.5.994
20.000
1.3?8.831
1 ?46.301
Page 19
¢on¢itJu¢d...

The Knowl Hill Foundation
ote5 to the Financial Sigtements- continued
Tror The I'egr Ended JI Julv 2024
STAFF COSTS- ¢ontinued
The average mortthly nuTnber of employee5 durin8 the year w&s &s follow5.'
31.7.24
34
Jl.7.23
37
Teacher5 (Full and Part Timel
Admin & Bursary Siaff
Trusiees
50
51
Th¢ number of ¢mploy¢es whose mploytt benefiis (excluding employer pension costs) exettded £OO.000 was..
31.7.24
31.7.23
£70.001 . £80,IX)o
The key management pernonnel of the charity cornpri5e the trustees. the H¢adi¢a¢her. Ihe Business manager and
Ihe lXx)kkee￿r, The total employee benef115 of th¢ key man88¢meni personnel of ihe Charity were £1116,670
12023.. £121.5471.
COMPARATIV'ES FOR TIIE STATEMENT OF FINANC:IAL ACTIN'ITIES
un￿SIr1¢(¢d
runds
Restricted
funds
Totsl
funds
INCOME AND ENDOWMENTS TrROM
t)onation5 and l¢bYii¢s
12,670
12,070
Chgrit8ble activltles
Sch￿1 fees
1.609.580
1.609,580
Inveslmeni income
10.813
10.813
Total
1.63.1.063
1.63J,063
EXPENDITIIRF. ON
C'h#rli#ble Activitie5
Schot)l expendiiure
1,569,141
510
1,569.651
NET INc.0￿]EllEXP￿ND[T￿RK}
03.922
63.412
RECONCII.IAT10Tr4 OF Fuf*D5
Total funds brough¢ fotivard
931.879
930
932.809
TOTAL FUNDS CARRIED FORW'ARD
995,801
420
996.221
Page 20
¢ontinu¢d...

The Knowl Hill Foundation
Noies to the FinanciHI StHleTnents- continued
For The l'ear Ended 31 Jul). 2024
12.
TAP*GIBLE FINED ASSETS
Freehold
prO￿r
F.quipmeni
& rumiiure
Motor
vehiLles
Computer
equipment
Totsls
COST
Ai l Ausrust ?023
Addiiions
871,014
1.$4,706
8.1?6
9,000
108,9.14
1 ?05.6$4
687.679
At I l July ?0?4
1.539..S.$6
162.83?
9.000
181.945
1.891.1.1.1
DEPREC'IATION
Ai l Aub*usi ?O?.I
Charg¢ for year
769.?46
5,0?3
114,310
18.569
6.750
158.994
1,049.300
At 31 July 10*4
774.?69
13?.879
9.000
171.355
1,087.fj0.1
NET BO()K VALIIE
At 31 July ?0?4
765 ?87
19.953
10.51x1
80S,8.30
At 31 July 2023
10.1.768
40..196
9,940
156,.154
13.
ro("Ks
31.7.?4
Stocks
-1.000
.I,(M>O
14.
DEwfoRS: AMOIINTS FALLING DI'.E II'ITIIIY ONL I'EAR
Trade d¢biors
Prepa>'m¢nis
23,460
20.7.35
79.790
95,875
CRkDITOR5: A￿lol"￿'rs Tr ALLIT*G DIIE WITHif* ()YF. YEAR
31.7.?4
Bank loans and overdrnft51see note 17
(hheT loan5 (see note 171
Trade ¢rediiors
Social security and other thxes
Other creditOT5
Deferred inwme
Ac¢rued expens¢5
8.810
60,000
21.842
30.762
14.0_32
6?.400
?5.951
28.060
23.738
12.-$4?
154.?88
154.987
Pa8e21
continued...

Tht Knowl Hill Foundation
Notes to iht Financill Si#tements. coNtinued
For The I'e#r F.nded 31 Jul). 2024
i&
CREDITORS: AMOUN'fs FALLING DIIE AFfER %IORE THAN ONE YEAR
31.7.24
31.7.23
Bank108ns Ise¢ noi¢ 171
Other loanslstt note 171
409.098
?40,000
649.098
17.
LOANS
An analysis of the maturity of loans IS given below..
31.7.24
31.7.23
Amounts falling due wiihin one year on dem8nd-.
Bank loans
Other loans
8,810
60.0(K>
68.810
Amounts fg11in8 beNeen one and two years..
Bank loans
Other loans
9,566
60.000
69.566
Amounts falling dye bemttn And five ycaT5'.
Bank Loans
Other loans
180.(H)O
212.844
Amounts fallinjs duc iii more than flv¢ y¢atJ:
Repayable by instalmenis..
Bank Loans
366.688
The bank loan 15 secured by a fixed and floating charge over the ￿se1$ of the Charity and a legal ¢h&rge over the
freehold ofoid sLh￿)I Buildin¥. Bisl¢y.
The o¢her loan is secured by a first le8al Charge over Knowl Hill School. Pirbright..
Pag¢ 22
continued...

The knoMI Hill Foundation
Notes to the Financial Statement5- continued
Fvr The I'eir F.nded 31 Jul) 2024
18.
MOVEfvIF.NT IY FIINDS
moiemenl
in fund5
At
31.7.?4
At 1.8.?3
L'nrestricted funds
CJenerAI lund
Designated funds
970,801
178,513
1.099,314
?5.000
995,801
1?8,513
1.124,314
Restrirted fun(ts
Sundri lienis
Other Equipm¢nt
154
?66
154
170
1961
4?0
1961
3?4
TOTAL FIINDS
996.??]
198.417
1.1?4.638
Net movemeni in funds, included in the alK>ve are as follows..
Incoming
re50urce5
RcsovTttS
LxpLiided
Movement
in fund
Ilnrestri¢ted fund$
General fund
1.818.719
11,690.2061
128.513
Reslrieted funds
Other Equipment
1961
1961
TOTAL FIIN
1.818,719
11.690,30?)
1?8.417
CompAr#ilve5 for movement In funds
Nd
movemcnt
in funds
At
At 1.8.22
I'nre51riCted funds
Generdl fund
De518naied funds
6.879
2.5.000
970,801
25,000
931.879
63.9??
995,801
Rotrlcied lund%
Playground equipmeni
Sundry Itcms
Other Equipment
244
154
532
1?44
1?661
930
Isioi
4?0
TOTAL FLNDS
93?,809
63,41?
Page 23
ntinued...

The Knowl Hill Foundation
Notes to the Fingncigl Staternents- continued
For The l'ear Ended 31 Jul). 2024
i&
MOVEMEIIT IN FL'NDS-coniinued
Comparative ne¢ movemeni in funds, included in the above are as follows:
Inwming
resources
Resources
expethdcd
Movem¢nt
in funds
Ilnresiri¢t¢d funds
Generdl fund
Desi8naied funds
1.617.282
15,781
11.553,3601
63.922
1.633,063
11.569,1411
63.922
Restricted funds
PlaybTrouiid equipm¢nl
Other Equipment
12441
12661
12441
12661
15101
TOTAL FIIliDS
1.6J.1,063
11.569.651)
63.412
Resiricied funds include doniiions received spwific8]ly for the purchhse of capithlised equipment irk 2019 of
£1 ??0: these fund5 have Tedueed ¢ach year in line wilh depreciation charges and ai Il 51 July ?0?4 th¢ nel tKK)k
value £170 12023 £2661. Sundry other donaiions in ?020 have £154 remained unsperti ￿ 315t July 2024
1?02.1 £1541.
The desiBnaled fund is mad¢ up of a bursary reserve for children in need of £?5.000. No buTSary WAS owarded in
the year.lThe designated fund of£25.000 is earri¢d forward.
19.
RELATED PARTY DIS('1.0SIIRES
There were no related party tTansa¢tions for ihe year ended.I l July 20?4.
Page 24