2024-07-31-accounts

Charity registrstion numbèr 307001 cam￿nY r•gistr*tion number 00289787 (England and Wdes) BURGESS HILL SCHOOL FOR GIRLS COMPANY ANNUAL REPORT AND filNANCLIL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

BURGESS HILL SCHOOL FOR GIRLS COMPANY LEGALAND ADMtNISTRATIVE INFORMATION li Governors Dr. A.D. Smith M.B.CILB.. M.ILC.G.P (eI￿L[￿L0[1) Mr R B3rnwell Mr T Burnage Miss B Gavin Mrs W (Fibbs Mr R Hill Ms J Hunter Prof. P Marshall Dr E Ross Mrs V Watt Key management personnel MT5 H Cavauagh Ms R Flint baiss N Donson Mr l Reg8n-Smith Mrs S ColliLs MTS S Roberts Secretary MTS K Howson Charity number 307￿1 Company nurnber 00289787 Registered office Keymer Road Burgcss Hill West Sussex RH15 OEG Auditor Ricbard Place Dobson Services Limtted Ground Floor 1- 7 Station Road Crawley West Sussex RHIO IHT Bankers Barclays Bank plc Bar¢lays Business Banking Sussex & Gtttwiek Team PO Box 165 90 192 High Street Crdwley West Su&sex BX3 2BB

BURGESS HILL SCHOOL FOR GIRLS COMPANY LEGALAND ADMINISTILITIVE INFORMATION Insuran￿ broker MaESh Education PtaGticc 4 Miltr)n Road H¢lyWdrds" H<xth RH16 IAH Solicltors DMH Stallard 135 High Street Crawley West Sussex RHIO IDQ

BURGESS HILL SCHOOL FOR GIRLS COMPANY CONTENTS P&ge Governorg, report Statement of Governors, respolls1Trfrilitics In(kpendent audits)es report 10-12 Ststement of financial activities 13- 14 Balance sheet 15 Statement of cash flows 16 Notes to the fin8n¢i81 ststements 17-33

BURGESS HILL SCHOOL FOR GIRLS COMPANY GOVERNORS, REPORT (INCLUDING DlllEI CTORS, REPORT) FOR THE FEAR 51 JULY21J24 The Governors of the School. king the direc￿ of Ihe Company and the ttustees ot.the Lban"ty. present their annual report for the year ended 31 st July 2024 uuder the Cnmp2nie% Art ?.(J(16 Antl the. Charities Act 201 l. together with the sudited financial statements for the year, eonfirm that thc lattu cornply with thc requi￿C￿ts of die COLKIPd￿Irb ALL 2000, Lh¢ Comp<￿Y's Articles of Association and the Charities SORP. including tr"inanc￿l Kewrt]"n£ Standard 102 'The Financial Reporting Standard in the tIK and the Repthlic nf Trp.IAntl'. RF.FF.RF..NCE AND ADMtNISTRATIVE INFORNL4TION Burgess Hill School for Girls Company is a clwitable company ftiunded in 1906, company registrdtion number 00289787, charity registration number 307001, incorponted undu thc Companies Ad 2006 as a company limitrd by gUar&ll￿ tu)d nut having a share capittI. The Governors, executive officers, registered office address of thc Company and particulars of the Company's professional advÈseTS arc disclosed on the t£gal and AdministTative infornvtion page. OBJECT, AIM& ORTEC.TIVF.S AND AcfMTIES Object The obje£t of the Cbarity, in accordknc¢ with its Articles ofAsso¢iation, is to promote the education of children of any agc. Alms and Intellded Effeet The School's overarching mission is to develop TOD￿rrOw'S WoDJeL The aim is to provide an outstanding, a¢AderrLiC education which inspires every pllpil to cxccl, whilst elldovling pupils with confideDc¢, sclf-belief and a deknnillation to succee(L We will champion individuaL Strellgths and aspiratsons through our extensive co-cutricular opportunities and forward-thinking itLitiatives such as the Evolve and ROI.D programmes. We embed a strong sense of moral responsibility througb activities in the Sehool alld the local community. In pursuit of these objectivcs, thc Governors havc committcd to upholding and cnlwicing the Sch(wl's currcnt status ￿ a single- sea selective, predon)inaDtly day schi)ol catering to the entire age spectrum frottl 2.5 to 18 years, including co-ed nursery prnviqion. This commitment indudes providing sn)all clw size& a well-rounded ¢uryiculum, a comprehensive array of co- cullicular activities. aud upholding the tradition of cllwweiiDg girls w sei lll"¥h aspirdtions and fulfil both theiT personal and academic potential. The School will maintain its iDdependence and a¢tively develop links Wit￿ as well &$ contribute beuefits to, the wider community. Objectives for the YeAr In setting our objectives and plauning our activities the Governors have given carefill consideration to the Charity Commission's general guid2nce on public benefit This year. thc focus has been on: continuing the extensive outreach pro8rdllrne to tbe local ¢ollllnunity including use of facilitics by local groups alld schools supporting the Continued excellent achievement in academic perfotmance and qch(>lar%hip provision to maximise the co-eurricular opporLutiitieS aud monitoring of regulat pupil involvenwit impiuvillg its physical resources widening access furthcr througb the alloc￿lon of targeted bursari&4 increasitig partnerships with local primary and secondary schools Strategies to achieve the year's objectives Thc School is striving to improvc its cducation ptovision thtougb regular CPD uf Staff. aDnual deparrmentaI reviews. ongoing pgrade of its IT facilities, and target-scttin(F in order to bc able to benchmark academic standards against extcrnal public examinations and independent value-added critrria. Burgess Hill Girls will continue to purslle its holistic education with a h¢￿thY balaD￿C bctwetii it's aiddriJJiL, PdS'lurd] Lu-Cu￿1cUla[ offering. In addirioo the Scbool WTII look to explore the best ways to collaborate with the wider community including local state primary and secondary sdtooL8. Uver the yeJJ there have been a number ot"m)provements and refiubishments to the SchiM)I's infrasknjcture. the more signifi&qnt of these being a llew roof and solar pv Installation on Cedar tA)dge, new LED floodlights oll the single cour4 tk IrpldLriiiriiL CCTV byb￿[11 t￿¢] a ll¥w kitchcn in th¢ Nursery. page I

BURGESS HILL SCHOOL FOR GIRLS COMPANY GOVERNORS. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEIR ENDED 31 JULY2024 Piillcipal activities of the year The School is a day and boarding sehool providing independent edue2tion to girls from the ages of 2.5-18 ye2rg. The Sehool piuvid¥s ¥duLdiiuTI Ivi buth iyjys ¢ttid ¥ii1s ii¥rd 2.i4 iii Llir Nwsriy. 111 2023-24 dir Sihwl lik￿ 442 (2022-23. 472) pupil) uii roll with some yeat groups being fijll. The School has maintained consisi¢nt admissions criteria and the Governors are pleased with the hisb stall¢]ards and Contitiued achievements forwhich the School has become known. Grant-making policy The School operates a fonnal application wocess for Scholarships in fhe Senior School. Some acodemic scholarships are llded for the Prep School. The Scbool's policy, in line with that of other IrLdependent Schools, is to make tb￿ awards on the basis of tbc individual's ¢du&%tional pot¢lltiAI. subj¢¢t to the particulat coJJditioDs imposed by th¢ rnigillal dollor wh¢re the award is out of a restricted fund. A¢2demic, Music, SporL Art and Drama Scholarship5 aTC offert with day fcc remission at a f]xcd valuc, dcpendent on the pupil's ability, for enty tnto Year 7 (1 i+), Year 9 (13+) and into the Sixth Fornj (16+). The school offers TneAns-tested bursaries to suitable applic2nts in the Setyior Sch(￿1 only from unrestricted fimds. wlLere the w>licy is to relieve ILar(Ls])ip where the pupil's education and firture prospects wijuid otherwise be at tisL Awards call be as high as IIM)Q/o of fees in exceptsonal cases. Public Benefit Activities Burgess Hill Girls is actively itivolved in I￿1. national 2nd international communiti&s with charitable work It is the GovernoTS' belief that this work benefits thc public in the following arc8s: Areas that are of indirect benefjl to the t)ational and lolxl communities Areas that are of diJ¢¢t b¢u¢fit to th¢ local community Areas thai offer direct benefit to the international commuDity The remainder of this rqkn is sttucttwed to demonstrdte how the School provides public benefit in those three areas. Indireet benefit to the ngtioD41 and loc41 commullitles The School believes that the provision of education (the Schi)01'5 Clwitsble Objective) is, in itself, of benefIt to the publi4 as it provides well cducatrd and self-¢onfidenÈ people ready to ¢ontribute positively to society generally. Spectfically, Burgess Hill Girls, in this reporting year, bas educated 442 pupils on a fee paying basis. This has provided an indirect benefit to the IAK Education Authority equivalellt to the costs of educating those chilthen. page 2

BURGESS HILL SCHOOL FOR GIRLS COMPANY COVERNORSI REPORT (INCLUDINC DIRECTORS, ￿PORT) (CONTINUED) FOR THE YEAR ENDED 31 JUL Y2024 Direct henefit tn thp nAtion91 And local eommunities The Governors believe thai the School is seen by Ihe local community as an irnportallt asset to Burgess Hill. On a day to day operatinnal levp.I thp. qchool works to develop links with local maintained sector schools to kn, where possiblc, rcsourccs. Th¢ School also works With and dcv¢lop5 opw>iILkuiiio wi￿11￿ thc l(K&l c()ll]muniry to l)oth widen access 10 pupils aud to allow the local community to beneht trom a number of activities alld facilities avatiable at the School. These activitle.S Are., And miist he.. in linp. with the schl￿1's eharitable objectsve. ExaD]pLes of public b¢nefit activiti￿ that of dircct bcncfit to thc local ¢ommunity are.. Activi Benefit to Public Transfer of skills to the maintained sector. Several teachers are governors at local maintained pri schools. Link to Burgess Hill Help Point to make School even (plkys, concerts eic.) avAilabl¢ w Burtsess Hill citizens at n COSL Entertaining the wider community. Annual Cknristmas Paty for elderly residents. Summer Gardcn Pary for elderly residents. Widening ictess to chil(tren from families who would no otherwAse be abltt to afford independent education. In doing s is reduccs the burden on maintsined sector schools. Sinc 2004 the School's comrnitment to this area has increased fro £13,000 to over £380,000 in 2023-24. Provide facilities for external competitors. These, and many others like them, demonstrate the School's willinoness (o widen access to irs facilities. Transfer of skills ro the ￿￿]ntaIned sector. Provision of Means Tested Bursaries widely adverttsed on the School Websitc, in the ProsFKCtus and at events held in local maintained sector schools. Host Local Netball tournament. The loan of ￿l￿1bUSeS iu IuLal schools and youth groups. Supp()rt teachcr training iD th¢ Prcp Sch(K)l in PaTth¢T5hi with Brighton University. Careers. (Jays for girls from local rnaintained sector schools. The School organiscs 41 fdllge of careers events for students througbout the sch￿1. The Tomorrow's Won)en conference rLm y ow Lower Sixth for internal and external students in yeEJr aEM)vc provides valuable career inforniation portunities. BIIG sup￿)rting the local COll￿￿nity. HG suppk)rting local cbarities. Supporting the local community by hiriug facilities for publi¢ such as tILe locaI njnni clublfitness grou Siipport witb trainee teacher rec￿lI￿ent 2nd training through hton University. BHG supporting the local community and National charities such as Children In Need. BHG supporting the local communiry. Musical events for a range of l(ul ¢ommunity orgatiisati and clwities. Gifts for the elderly & animal.sheltrrs. Hire of faeilities. Provision of teaching staff to undertake inspection and teacher training placements. Chan"ty Fundrxising. Harvest Festival contributions to Burgess Hill Food BaDL Crawley Open House. Christmas gifts to the Salvation Arni and local care homcs. The Head liaises with sch(K>ls in the comvnunity, includin seeond2ry schools in the maintained sector. The PUTPOSC O SS IS fo Organise events aDd support the children and staff ' all local schools. Event£ are organised to support Icarning. provide facilities an evcDts that othcr schools would not be able to provid¢ themselves, for example.. l j.oeal netball tO￿a￿ellt 2. Debating competitions aud W0￿S.h0ps J. Makmg the right University choices 4. Rotary Public Speaking competitio 5. Dratlld" Production o por(unities Prijvide. fxeilitip. fThr .Yternal orggnisatiottg. Hosting of Mid Sussex Duke of Edinburgh open awar centre.

BURGESS HILL SCHOOL FOR GlllLS COMPANY GOVERNORS, REPORT (INCLUDING DIREI CTORS, R￿PoRT} (CONTINUED) FOR THE YEAR ENDED 31 JULY2024 This list of actt"vitt"es demonstrates the SelKK)I's to ￿Volve itselfr" at the heart of its lo￿ eommutiity and with maintained sector schools. Wider Community Burgess Hill Girls actively engages with tbe I￿￿] business eommunity to widen tbe. wrls. knnwl2Agp. nf rnmmp.rrTr.. Vixit.s rvriiib ljeld to etidorse thcse lii]k5. CatCU5 days and ll¢tworkin8 cvcttts hre focused on providing an opportunity for gir15 to see achievinR women m the workplace. Burgess Hill Girls is in partnership with local wim2ry and secondary SCh￿IS and delivers outreach prOj￿ts and initiatives as well as hosting several events on an annual basis. These opportllnitiLs intlllde invitati(Ins ts) pupils fr()m l(Jcal schools to attend sporting events and music and drama workshops including Choral Days, s￿rtIng Mastcrclasscs and tournamcnts, careers, university and Uxbridge initiatives. as well &s openillg up our facilitics to Ii)cal schools, societies ano clubs within the community. Burgess Hill Girls frequently iDVites the wideT lod eA)nllnunity in to the Sch(￿1 for a variety of specific events, all of uthich colltribute to providiog a balanced all round education foi our girls. Specific cvcnts includc a Carers, Day. scv¢ral S¢nior Citizen functions including a Tea Party with entertainment by the gjrls. Musical Concerts and Drdma productions. The Governors are continually reviewing the way in wbich the SC]K￿l provides public benefit and strive to improve it. This can be evidenced by th¢ increase in the Wdlue of means tested bulsaries that the Sch￿1 h&s offered over the last few yea￿. Dlrect benefit to the Internationa] CoJJJmunKty Thc School has provided fillly fijnded day pl&ces to three refugee children from the on-going waT in UkJ22ne. The girls joined the School in June 2022 alld quickly settled ill￿ the Sch(N)l. One swdent has now completed Sixth Forni and the two remaining gixls have just moved into Year 8. The Sdhcrf)I h&s received some monetary &ssistance from both West Sussex Council and IAPS to support thexr cducation. SUMMARY The Governors have paid due regard to the guid2nce by the cR￿lty C4)mnllssion in deciding what activities the School should undcrtak¢. The Govemors believe that thc activitics r¢port¢d Above demonstrate a sigllificAttt eommitttlent (both fillanci￿ and non-financiat) to the illtenMtional. national. and IOCAI communities thus meeting the objective in the School's Strategic Plan arld clearly providing a significant level of benelit to the public. This commitrnent is c]witable withill the School's C]witablc Objectives. page 4

BURGESS HILL SCHOOL FOR GIRLS COMPANY COVERNORS, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2U24 STRATF.f.JC RF.POTtr Operatioual vl Sch(Kbl The School underwent 2n ISI inspection in Febw 2023 Fthcrc it W&8 judsed Exccllcnt in all catcgoiies. Wob clr r¥Lugniiioll of the high academic aehievemenls as well &$ Ibe School's focus on a uenume holistic education. The co<urricular offering provides ample OPPOTtimity for all girls tn eTrE.l in A wide. VAriety of educational activities ranging from 8por4 music, dr&m& and arts as well as culturaI and cxtra-mural aGtivitie5. The governors considered the academic results iD 2024 to bc of att excellent standard. The A Icvcl pass rdte w2s 100 /0 with 91 % passes at A* to B grades. According to the published league tables. Bu￿e$S Hill tiirls is the top gir]s' school in Sussex. At GCSE, the pass rnte was 98.20/0 grades 9 tn 4. with 68.41 grades 9-7 and 28D/. graded 9. The performance at GCSE across key groups is also v¢ry pleasing, with, for cxampl4 thc scholars group achievin8 920h wad¢s llitte to seveu Jlld 940/0 of EAL srndents acbieving grades nine to seven The School continues with its progratnme of refurbishment of the School's facÈlities and advallcement of resources. The programme for the following academic year is th"scussed and in January each year in order to be considered for inclusion in the next yeaes budgeL Tbc School's facilities continue to be much in demand during out of school hours for local spoItin8 and special interest clubs. Financial review and results for the year The principal income for the Schi)ol is derived from the fccs cbatg&l to patettts. There is additional income from deposit interest received. from the second hand sale of schix)l uniforni and from letting the School's premises outside school use. The 8uh%idi2ry trading company bas eontinued to contribute to the overall fu￿nCIal resulL Total illcoming resourc&q nf the School amounted to £9,995,￿2 (2022-23: £9.629,744). Total fiJnd8 of the School now totsl £10,822.876 (2022-23.. £10.344.804). Note 25 to the Fin8nciaJ Statcments sets out an analysis of tbe assets att￿bUt¥b1¢ to the various fuodb". These &s5ets are sufficient ro meet the clwity's obligations on a fimd by fi]nd basis. The School's thngtble assets are all held for use in the SchooL The valuation of the freehold land and buildings of the Company depends laTgcly on their continued use as a boardino and day school or 8imilar activity. The Governors are satisfied thaL assuming thai they cantinue to be used for their current purposes and are maintained in good repair, the nLqrk¢t value of the freehold Iknd and buildings is in cxccss of thc value at which they are statcd in these financial ststematts. Following ¢i dctailed revaluation of the SCh￿l.s land and buildings in 2023. no depreciation h&s been charged on freehold property in th&qe accounts on the basis that the estimated residuRI value is Tn excess of cost Investment pojicy and objectives Investments have previously been hcld to create ]llco￿¢ to some awards as well as providing a cash buffer for wotking capital purposes. Monies were invested in the following: Chariti&s Aid Foundation- UK Equity Income Fund Charlties Aid Foundation - Fixed InteT¢St Income Sehroder- The Equity Income In￿l tor Lharits"es Sehroder- The Charity Bond Income Fund page )

BURGESS HILL SCHOOL FOR GIRLS COMPigNY GOVERNORS, REPORT (INCLUDING DIRECTORS, REPORT) (coNfINUE, D) FOR TIIE YEAR ENDED 31 JULY2024 Thesc invcsttncnts wcrc sold in Junc 2023 wbcn thc wcr¢ clo% tnv¢8tmcnt power8 tLrc (vovcrncd by the Articles of A&soci&tion which allows the School to tnvest any morries of the Compally not immediately required for its PUTP05es itl or up)n such investments. securities OI piopeny of whaTsoever nature as may be thoDght fit. Reserves policy At the Balance Sheet date. the School had total fj]nds of £10.822.876 of which £10.370,686 are invested in 13ngible assets. The rernailld¢r of the r&%erve8 £452,190 ate retained to provide the necessary cash resources to enable the School to protect its current activitics. Thc Styh{￿l ¢untinues io operdte with Mini￿ reliance oll ballk fillancing and aitns to rebuild its i'eserves to a level that would cover between three and six months of operating costs. The income fro￿ the casb reserve is available to fimd some scholarships and or bursaries. The School's policy ts, therefore, to rebuild free resaves to tbe ideal level by D￿ns of aDnual operating surplus, subject to the requirements of further capital expendituTe ts) equip thc School with thc facilitics ll¢cdcd tu m&illtiLill Jnd ill]PTUV¢ the standard of educational services currently provide PIAns for futhre periods Whilst recognising that the financial results are etLtirely satisfactory. the Board is not cott￿LaCC￿t in excrcising its rcsponsibility to secure the long-tCTrn stability of the School especially in ligbt of major financial ¢ballenges faced by the Independent School Sector in terms of VAT expectrd to be applied to sch￿1 fees within the next few months. Whilst we recognise this is a consumer tsx. the Sch¢x)l is unable to simply add VAT to the school fees as this would m2ke schooling at Burgess Hill Girls unaffordable for many of our parents. It is therefore e&sential that the School is looking at Creative ways to deliver the same proNrysioll whilst becoming more cost eff¢ctiV¢. STRUCTURE, GOVERNANCE MANAGEMEiYr Coverning document Th¢ Compaoy is governed by its Articles ofAssociation ￿$t amended on 6th Marcll 2012. The Governors, who are also the directors for the p￿r￿se of company law. and who served during tILe year and up to the date of signatETre of the f￿9￿¢1￿1 st2teFnents were: Dr. A.D. Smith TrLB.C]LB.. M.KC.G.P (Chairnw) Mr R Barnwell MT T Burnage Mr S Condi¢ Ms B Edminson Miss B Gaviu Mrs W Gibbs Mr R Hill Ms J Hunter Mrs R kay Prof. P Marshall Dr E Ross Mrs H Simpson Mrs V Watt (App)inted 30 July 2024) (Resigned 4 DeCern￿ 2023) (Resigned 4 December 2023) (At4M)illted 18 March 2024) (Ap￿illted 4 December 2023) (Ap￿Inted 18 March 2024) (R￿1g￿l>l 5 July 2024) (Apw>inted 18 Morch 2024) (Resign￿1 4 De¢ember 2023) page 6

BURGESS HILL SCHOOL FOR GIRLS COMPANY GOVERNORS, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR 51 JIJI.Y2024 Coverning body The Governors are also Tequired under the Articleq tn sp.rve. as memberg of the Compgny. The detAils of the Governing Body are explained below, together information on h¢)w th¢ mcmbcT5 of die Govullitsg B￿Y appo]ll￿d (u office. Recruitment and training of Covernors The Board reviewed the policy on Tbe RecrnitmenUSelecttonlRLqign2lT(m thf eTnvprnors' 91 their meeting in 2019. The Governors review the constttution of the Board on an annual basis and consider. The average number of Governors present at meetitigs The skills an￿0[ expericnce that would h&LVC added to discussion 'I'he imminent retirements from the Board The full Board of Governors identifiLq the skills andlor experience required to complement discussions And the Board, Head and Bursar consider the eligibility. persoual competence and Loeaj availabiIity of suitablc individuats to be put forward fot ¢onsidcration. The Chairn)an of tbe Nominations Comll2ittee invites suitable illdividuals to tour the SchiK)l. meet the Head alld two Governors and dist￿q8 with them the reswDsibilities alld cotnmittnezlt to the SclLooI expected of the role. The applicants are given the AGBIS 'Guidelines for Govcrnors,. CC3 The Ess¢ntial Tnts: WhaL yuu nccd to knov/. a Sch(K)I Prospec￿ and a copy of the expected duties. Following election to the Boarl the BuTsar alld Clerk to the Govcrnors c0nflln￿ the appointment in ￿ltIng and processes the administration in relation to Company and Clwity membership and directorship. New Governors ar¢ encouraged to &ttetLd AGBIS and other s￿Illars relevant to Governors and als'u to spend time in the School with members of the Senior Leadership TeaTn. I'he Board ot (Tovernors recognises the need to provide a continuillg prO￿amMe ofGovernor training. Organisational Managetnent The Dircctors meet as a Board of Governors at least three limes a year to detcrnllne the genernl policy of the Company and Teview its overall mallagement and control for which they are legally rtsw)nsible. The Board has delegated respollsibility for certain p¢rsonTtel, finallcial and general management dccisions to a Resources Committc4 a Joint Educational Cointllitte4 a Nominations Committee and a Welfare and Boarding C4)mmittee to which it elects Mellthers from ajnong its nll￿ber. Each Committee meets up to thTeC titnes a year. prior to each Board Meeting. Sub-Groups are established Ls and when required to report to the Board on specific matters. The day to d&y manig¢ment of the School is delegat￿ to the Head and thc Bursar supported by thcit Senior [￿ershIp TeanL The Hea￿ Bursar and other staff &8 required to attend meetings of the above Committecs. The remuneration of key management persoDllel is set by the Boar￿ wÈth the policy objective of providing appropriate incentives to encniira8e eTrbanced performance a￿d of rewardillg them fairly and responsibly for their individual contributions to the School's succc&8. The appropriat¢ness and rclcvancc of the Temuncrdtion policy is Teviewcd aDttually. including re[c￿llce to comparisons with other independent schools to ensure that the S'cbool rcmaiDS sensttive to the broader issues of pay and etrlployment conditions elsewhere. The School aims to reeTlli¢ subject to eXt￿le￿Ce. at the lower to medium point withtn 8 b8ol providing scope for rewarding ex¢¢llettce. Dclivcry of the School's ch&ritsble vision and pwwse is PE1￿￿￿1[Y dq)cndent on our key monagement personnel and staff costs 2re the largest smgle element ot our chan"table expenditu paRe 7

BURGESS HILL SCHOOL FOR GIRLS COMPANY GOVERNORS. REPORT (INCLUDtNG DIRE, CTORS, PORT) (CONTINUE, D) FOR THE YEAR ENDED 31 JtlLY21124 Group Structure and Relationships Burgess Hill School for Girls Company Ims one wholly owoed nottdaritable gthsidi9ry. Offlerni Limited. whose. aelivities it<idiIig P¥TfvrLLvdULf ¢ur ir8Ul￿1Y ¢JiSCLEss¢d by th¢ gov¢iiuAh8 IKdy. Bw¥¢sJ Hill Siliool for Gitls Con]patry activcly 5upF￿ th¢ attAiJun¢ttt of th¢ highest standaTh4s in the IndeFacnt Schools sector, partly tbrou£h networkm% other schools and partly tthugh peer group sthdies for the evatuatt.on ol quaEity and perfonnance improvemellt meth￿s. Burgess Hill School for Girls Comp8ny co-operalLS with many loc2] charities in our ongoing endeavours to widen public access to the schooling wc can provide, to optimise the use of our cultural and sporting facilitics and to &w8kcll in our pupils Aa owareyjess of the SOC￿ confrxt of the education they receive at the School. The S¢hool also benefits from the generosity of The B￿g￿ Hill School Parent Teacher Association whose close support is eatly appreciated and gladly ackJJowledge Rlsk Management The Board of Governors is responsible for the management of the risks faced by the School. Thc Board continues to kccp the School's activities under review) parti¢u]arly with regard to any major risks that may arise fronL time to time 1£ welt as the Systems and procedures established to manage them. A recent review bas higbligbted that the generdl econotuic climate poses the most immediate and extreme risk to the wellbciDg of the Sch(K)l. This is in addition to the political threat of ren)oving charitable staTrs from in(iwndcnt ￿h0o1$. The result of wbich could dramatically incr&qse the financial risk to the Independent Sector as a wbole. The Governors are confident that the School's pr£￿edureS to manage its cost blse in the light of these risk8 are effective and will Vthfegllard the long-tem] fmallci￿ future of the Sch(M)l. A similar cxercise is undertaken before any exposu￿ to major financial commitmenL The Sehool monitors the effectiveness of the system of internal controls and other viable means, including insurance cover where appropriate. by which those risks already identified can best ￿ mitigateiL Ill the opillion of the Governors, the Clwity is in the process of building sufficient reserves which will allow these risks to be mitigated to an acceptable level in its day to day operations. It is recognised Ibat the systems in place can only provide reasonable but not absolutr ￿sUranCe that the majorrisks oudined aly)ve have been adequatrly manage<L AudÉtor In accordaDc£ with the compa￿'S articl&s. a resolution proposing that Richard Place Dobson Services Limited be reappointed &s auditor of the compally will be put at a General MeeriJ)g. STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS So far ￿ the Governors are aware, there is no relevant audit infonn#tion (as defined by Section 418 of the CoTnpanies Act 2006) of which thc LuJllp&UJy'b audiiOTS ¢1[￿ unawaTe. and eacli Governor h&s takeIi all die steps that lie or she ouglit to have taken &s a Governor in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that inforn]ation. The Governors have ￿Mplied with this requirement by delegating thi8 reponing responsibility to members of the Reserves COnll]￿tteC who have the knowledge and expeTience required overn ort was approved by the Board of Governots. Dr. A.D. Smith M.B.Ch.D., M.ILC.GTr (Cbairmao) Governor 2 DeeetnLw ?0?4

BURGESS IULL SCHOOL FOR GIRLS COMPANY STATEMENT OF COVERNORS, RESPONSIBILfrIEI S FOR THE YE4R E]VDED 31 JULY21J24 Thc Oov¢rnors, who are also the directors of Burgess HEll bchool tor (Tuls Company for the PUEpose of company law. are responsible for preparing the CJovernnr%' Re￿rt And the. finanei21 statements in accord2llce with app1k￿bLe law and United Kingdom Accounting Stundards fU￿trd Kingdom G¢n¢rally Acccptyl AwJUllti￿ P￿LLlLe). Company law reqllirLq the C7(Ivp.rnibrg to pre.pare financi21 stxtemerts for each fi￿anCIal year wh?ch give a true alld fair view of the state of offaErs of thc Charitablc c<)mpany and of thc incoiiiuig itsoutLfb ¢tppliLaui)n of resources, including the income and expendimre, of the charitable company tor that year. In preparing thcsc fmallctal stst¢mcnts. the Governo￿ arc rcquired ￿. ' select suitable accounting policies and then apply them consistentlyj bserve the n)ethods and principles in the Charities SORP. ' mak¢ judgcllLellts and estimxtrs that are re&sonable 2nd prudenL è stste whether applicable UK A¢c¢)unting Standards bave been followe￿ subject to any material d¢partsJres disclosed and ¢xplaillcd ill the fiDaDcia] stsLtcm¢llts' and ' prepare the financial statements on the going concern basis UDIc55 It is inappropriate to presume that the Clwitsble cotllpally will continue in operation. The Governors are res￿)nSIble for keeping adcquate accounttng records that disclose with I￿Ollable aCcu￿Y at any time the financial position of the Charitable company and enable them to ensure that the F￿an¢18[ statements comply with the Companies Act 2006. They are also responsible for safeguarditig the assets of the Clwit2bl¢ company and hen¢¢ for taking re&sollable stq)s for the prevention and detection of fraud and othci irregularities.

BURGESS HILL SCHOOL FOR GIRLS COMPANY INDEPENDENT AUDITOR'S REPORT TO TIIE Tr￿mBERs OF BURCESS IULL SCllOOL FOR GIRLS COMPANY Opinion Wc bavc auditcd thc financial statcm¢ots of Durg¢ss IIill School for Girls Company (thc 'Charitablc company,) for thc ycar ended 31 July 2U24 wthch compnse the statement of financial acts"vits"es. the bal2nee sbeel the statement of cash flows and notes to the fin9nei21 statemeats, including si8nifie2nt aeeounting polieieg. The fin9Deig1 re1￿ltig framework that has been ayvlied ill th¢ir prep￿atio￿ is applicabl¢ law and Unitcd Kin-doD] AccouDting Stalldatdx including financial Rq)orting Stsndard 102 The Financial Reportin£ SttJndard applicable in the UK and Republic ol Iltland (United KmRdom (ienerally AcceptedAccouJktin8 Pr2ctice). In our opiniotL the financial statements: gÈve a true and fair view of the state of the charitable company's affairs as at 31 July 2024 and of its incoming resources d ipplication of resources, including its income and expenditure. for the year then ende<L" have been prO￿rIY prepared in accoTdance with United Kingdom Generally AccepiedAcco)Jnting Practice. and have been prepared in accordance with the Tequirements of the CompanÉ&8 Act 2006. Basis for opinion Wc conducted our audit in accordance with International Standards on Auditing (UK) OSAS IUK)) and applicable law. Our responsibilities under those standariLs are further described in the Auditors ￿1p01￿1b1Zits￿ for the athlil of the fipwpicial statements section of our rcport. Wc aTC indq)¢nd¢nt of the ChaTitablc cornpauy in accoTdancc with the cthical require￿ellts that are relevant to our audit of the financial statements iti the UL including the FRC'S Ethical St2ndar( and we have fulfilled our other ethicat responsibilxties in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and aPPTopriate to provide a b￿lS for our opinion. Conelusions relating to going Concern In auditing the finan¢i81 st2tcm¢llts. we bAv¢ ¢on¢lud¢d that th¢ Gov¢rnots' use of th¢ going concern basis of accounting in the preparation of the financial statements is appTOPTtat. Based on the work w¢ hav¢ perfortne￿ we have not identified aDy material une¢rtainti¢S T¢l8ting to eveDts or ¢onditions tha¢ individually or collectively, may cast sigllificant doubt on the Clwitable company's ability to continue as a going ci)ncern for a period of at least twelve tnonths from when the fllmncial statements are authorised for issue. Our responsibilities and the respon5ibiliti&5 of the Governo￿ with rwt to going concern are descnlKd in the relevant sections of this report Other itiform*tiott The other Inforn￿ll0n cornpris￿ the inforniation Inc￿ded in the annual repon other than the financial st2tements and our aUdit0￿S report thereoD. The Governors are responsible for the other information contained withitj the anrLual reporL Our opinion on the financial ststements does not covet the other itifommtion and. exeept to the extent othenvi$e explieitly stated in our repor4 we do not express any forn] of assurdnce conclusion thereon. Our restK)nsibiliry is to read the other inforniation an(I in doing so, consider whether the other inforn]ation is materially incoDSiStent with the financial statements or our knowledge obtaincd in thc coursc of thc audiL or othcrwisc appcars to bc matrrially misstatcd. If wc idcatify such matcrial inconsistcncics or apparent material misstatements, we are required to detem)ine whether this gives rise to a material n)isstatement in the financial statements thtmselves. If, hased nn the wnrk we have performe& we conclude th￿L there is a material misstatement of this othcr irrformation, we are required to re￿ that fact We. havp. nnthEnE In ye￿rt in thi8 re8ArA. Opinions on other rnatters prescribed by the Companies Act 2006 In our opinion, based on the WOTk undertaken in the course of our audiL the Infon]￿tiOn ￿vell in the Governors, report for the financial year for vthich the financial statements are prepared, which includ¥s thc ditcc(()ts' tcpDn Pwdrcd foi UfLI)mPi￿Y law, is cuDsisteni with the finallcial sratCllLents' c airrLiuis' IryuLI iELLludrd withiu thc Govthllois, iewpLI p￿P￿trA itL wiLEL ¢¥JpIiLablr Ir¥al requirements. page 10

11 BURGESS HtLL SCHOOL FOR GIRLS COMPANY INDEPENDENT AUDITOR'S REPORT (CONTKNUE, D) 'I'U 'I'HE IIILMBERS OF RItRC.F..SS HIT.I.. SC.HOOL FOR GIRLS COMPANY Matters on which we are required to report by exeeption In the liBht of the knowledge 2nd understattding of the Clwitable company its environm¢nt obtsincd ill thc coursc of thc dudit. we hav¢ not idenufied Ma￿la1 mi&wtemeThrs in the directors, rq)ort included within the Governors, r¢porL We hav¢ nothing to report in respect olth¢ following mattets m relatt.on to which the Companies Act 2(K)6 requires us to report t() ynll Tf. in niir npinion. adequa￿ accouniing records have noi teen kepi or rellllns adequate for our audit bave not been recelved trom brniehes not visitcd by us. or the fu￿nCIal statements are not agreement WAth the accoullling records and returns" or cert2in disclosures of trustees, remunerntion specified by law are not rnade" or we have not received all infurtttation and explallatioDS we require for our audil or the CIDvernnrs were not entitled to prepare the finaucial statements in accordanee with the small companies regime and tske advantag¢ of the small companies, exen]ptions in preparillg the GovernoF4' rcport and from the requirement to prepare a strate￿¢ repo Responsibilities of Governors As explained Tn¢)rc fully in thc statement of GoveTnOtS' f¢SPOD￿1)1iitieS. the Gov¢ruuts, who are a150 the directors of the Charitable company for the purpose of company law, are reswjnsible for the preparation of the financial statements and for being satisfied that they give a true 2nd fair view, and for such internal control as the Governors determine is ne¢ess2ry to enable tbe preparation of financlal statrments that are free fro￿ miltrrial ￿L&StateMen( whether due to fixud OT error. In preparing the t-111oDcial statements, the Governors are res￿nSIble for assessing the Ch2titsblc compally's abÉlity to conunue as a goinG concern, disclosin& Lq applicable, matters related to going concern and using the going concern basis of accounting llnless the Govetnots either intend to liquidate the cRwithble Lotnpally or to cease opemions, or have no realistic 21iernative but to do so. Auditor's responsibilities for the audÉt of the fmanci81 ststements We have b¢en appointed as auditor undei section 144 of the Charities Act 2011 and rewrt ill accordance with the Acts and relevant regulations made ot having effect thereunder. Our objectives are to obtaiu Teasi)llable assurance aFM)ut whether the financial statements as a whole are free from Mat￿Ial mi&gtatement, whether due to fraud or error, and to issue an auditovs report that includes our opinion. Rwonable &gsurance is a high level of assurance but is not a guarantee that an audit condllcted in accordance with ISAS (UK) will always dctcct a Lttridl misstdtcmcnt wbell it exists. Misstatemenrs can asÉse frollt fraud or etTor and ￿e considered tllaterial if, individually or in the aggregate. they could reasonably be ex￿ to iDfiuence the economtc de£isions of users taken on the basis of these financial statements. The extent to which our procedures are ¢apabl¢ of dctccting irrcgularitie4 includillg frau4 is dctailed below. W¢ h&vc madc cnquiri&s of managem¢nL and dircctors. regarding the proccthcs relatlog to identifying, evaluating and complying with l. laws and rcgulations and wh¢ther they wcrc awarc of any xnstan¢es of non-c0￿p1lallCe" 2. detecting and responding to the risks of fizlld and whether they have knowledge of any actual, suspected or alleged fraud. 3. the illternal controIs &stsblished to miti￿te risks related to fraud ornon-complianee with laws and regulations. Discussion allLong the engageme￿ kn TegaTding how and vA]ere fraud migbt occur ID the financial statements and any potentiaI indicators of fraud. As part of this discussion. wc idcntificd potential significant risks for fraud in the following ar￿%.. pa2e 11

BURGESS HILL SCHOOL FOR GIRLS COMPANY IrqDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF BURGESS ￿LL SCHOOL FOR CIRLS COMPANY hlanayement Override Tlic audit ciigagcjiieirt tcani idciitificd the risk of ovuiidr vf LvuLwlb dlr wtiu¥ th¥ findnLidl siJiutLcnts were most susceptible to mateTtal misststement due lo fixlld. Audit PTocedures perfoThned included but were not limited to testing manual journal entries and other adjustttlents alld evaluating the business ration21e in relation to any sigulfi&￿E unwual t[￿s&￿tiO￿￿ trausaLtiulls clltcrcd into outsi(k of the normal course of business. Revenue Recognldon Audit procedures perfornied included but were not limited to perforniing walk thmugb tests to identify the control procedures in place and once an understanding of the pupil fee iticome tecogDition Proc￿ was obtailled, substantive proceduT¢b Wcte also pertonned lesting concluded that revenue had been recognised in-line with accountillg standards. Laws andRegulaÉions The audit engagement team identified laws and reglllations as a signific8￿t risk kn order to test that the fuwicial staiuncllts ere llot matertally misstated througb traud or error arising from a breach of laws OJLd regulations, the followillg testing procedures were p12tJned a review of any recent rewlts issued by ISI (tndependent Sehools inspe¢torate) inspection dated November 2022. review of collespondence from legal advisots. to luok for evidence of breaches" review of board minu￿8 to identify any breaches in laws and regulations. Property Vulualion Valuation of freehold and iTtvcstmcnt piopcrty idclltifi￿ &s a Slgllificant risL Audii wutk pcrfornicd included reviewing the valuations provideil confllming they were reasonable and in line with expectstions b&sed on current industry infotn]atiOll. as well &s confirniing th¢ surveyor was suitably qualified to perforn) tbe valuations. Other trsting included an impainnent review perfortDed by the audit ¥n¥dgcJDcnt teal￿ and physical inspection of the properties. A further descriptioll of our responsibilities is available on the Financial Reportillg CouDciI's website at: https.1lwww.frc.0￿.ukI audilorsresponsibilities. This description fonns part of our auditovs reporL Use of our report This report is ll￿de solely to the clkaritable companys members. &$ a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit WO￿ has been undertaken so dkat we llligbt state to the charit2ble company's members those I[￿tterS we are required to state to them in ¥tudiiofs report and for no other purpose. To thc fullcst exlent perniitted by law, we do not accept or ￿sume responsibility to allyone other than the charitable conu)any and the clwi"table company's members &s a body, for our audit work, for this repoT4 OT for thc opinions w¢ have fornied. DarreD Hgrding ACA, FCCA, DCbA {Sentor StatutoryAuditor) for #nd on behalf of Rickn*rd Place Dobson Services Limited 10 December 2024 Chartered Aeeounlanls StatlltoryAuditor Ground Fli)or 1- 7 Statton Road Crdwley Wrsi Sussrx RHIO IHT

BURGESS HILL SCHOOL FOR GIRLS COmP￿NY STATEll￿NT OF FINANCIALACTIVITIES INLLUDIIYG IIYLUML II XPTr.Nt)ITIIRF. AC.r.lllTwr FOR THE YEAR ENDED 31 JULY2024 Ciirrent fmAlleiAI yeAr Unrestrieted Unrestricted nds fun(ts general designoted 21124 Restrieted lunds Totsl Totsl 2024 2024 2024 2023 Notcs Income And endowments from: Donations and legacies Charitablc activities Other trading activities InvesLTnenLs Other income 834 9,675,595 150,464 14,930 49.495 834 9,675,595 150,464 119,514 49,495 36,357 9,376,529 128,051 67.007 21,800 4.584 Total income 9,991.318 4.584 9,995,902 9.629,744 Expenditure ott: Raising fimds Ch￿itable activities 158,243 9J59,583 158.243 9.359.583 189,228 9,099,855 Total expendlture 9,517,826 9,517.826 9.289.083 Net gain￿{loS8es) on iZLveslnients 13 (16,220) Iyet Income 473.492 4.584 478,076 324,441 Trdnsfers between funds (9207279) 9230,587 (23.308) Other recognised gains and losses: Actuarial gaills/(losscs) on defmed benefit pension schemes (4) (4) 166 P4et movement in funds io {8.733.791) 9230.587 (18,724) 478.072 324.607 Reconciliation of funds: Fund balazLces at l August 2023 23124 10222.154 23,887 98,763 10.344.804 10,020,197 nd balances at 31 July 2024 1,488.363 9254.474 80.039 10.822.876 10.344.804 The statement of financial actiVAties includcs all gains and I0&￿S Tecognised in th¢ y¢ar. All income and expendiiure derive from continlling activittes. page 13

BURGESS HILL SCHOOL FOR GlllLS COMPANY STATEMENT OF FINANCIAL ACTIVITJES (CONTINUED) INCLITDING INCOMK AND EXPENDITURE ACCOUNT TOR TIII YLAR LNDLD 31 JUL Y2024 Prior finaneiol year Unrcstritted Unrestricted funds funds general designated Restrirted funds Total 2023 20 21121 2n21 Notcs Income endowrnents from: D()n2tian8 and lewies Charitable activitias Other trading activities Investmen Other income 23.887 12,470 36,357 9.376.529 128,051 67.007 21,800 9.376,529 128,051 07,￿7 21.800 Total ineome 9593.387 23,887 12,470 9,629,7M Eipenditure on: Raising fllnds Charitablc activities 1119,228 9.099.855 189,228 9,099,855 Total expell(liture 9289,083 9,289,083 Net gain&lOosses) on investsnents 13 (13,787) (2.433) {16220) Net income 290.517 23.887 10.037 324,441 TransfeTS betweeD funiL8 1.066.197 (1.042.950) (23.247) Other reeognÉsed gaills And losses: Actuatial gaius ou d¢fin¢d b¢nefit ￿nsiOn schemes 166 166 Net movement ill funds io 1.356.880 (1.019,063) (13.210) 324,607 RecollciliatioD of funds: Fund b￿an￿¥S a( I August 2022 8,865274 1.042.950 111.973 10.020.197 Fund balances at 31 July 2023 23ll4 10,222,154 23,887 98.763 10,344,804 p￿e 14

BURGESS HILL SCHOOL FOR GIRLS COMPANY BALiNCE SHEET ASAT31 JULY2024 2024 21124 2023 2023 Notes Flxed assets Tangible assets Investments 15 16 10,370.686 LO,309,744 10.370.688 10,309.746 Current a$sets Stocks Debtors Cash at bank and in hand 17 18 9,091 424.907 2.473.731 8,377 340,128 1,828,134 1907.729 2.176.639 Creditors: amounts falling due withill one year 19 (1.625,984) (1,204.732) Net current assets 1281.745 971.907 Total gssets less eurreDt liabilities 11.652,433 11281.653 Creditors: amoullts falltng due after more than one year 20 (829.557) (936.849) Iyet assets 10.822.876 10,344,804 The funds of the Charitable eompauy Restricted income fimds unrestr￿Cted funds - general Ullrestricted funds - desigllated 22 24 23 80,039 1,488,363 9254.474 98,763 10,222,154 23,887 10,822,876 10.344,804 ancial statem were approved by the Governors on 2 DeCernb￿ 2024 Dr. A.D. S Governor M.B.Ch.B., M.ILC.G.P (Chain￿) Company rc£istration numb¢r 00289787 (fllgland and Wajcs) page 15

BURGESS HtLL SCHOOL FOR GIRLS COMPANY STATLMLI NT or CASII FLOWS F￿R THF YFAR FM)FJ) .11 JtILY2O24 2024 2024 2023 2023 Notes Cash flow5 from operating actiTitics Cash generated from ODer&tinns 1.059.$74 781.989 Investing Activitie$ Purchuse oftan¥ibl¢ fjxcd a55ets ProceeAls from disposal of tallgible fixed assets Proceeds from disposat of investmen tnvestment in¢ome received (458.351) 34,800 (801,845) 21.800 666,139 67.007 119.514 Net cash used in investing #etivities (304.037) (46,899) Financing acti￿tieS Payment of obligations under finance leases {109,940) 18,344 Net cash {used tnygenerated from finanting activities (109,940) 18.344 Net inerease in cash and cash equivalents 645,597 753.434 Cash L4Lsh e4uivalcllts at beginning of year 1,828,134 1.074,700 Cash and Cash equlvalents at end of year 2.473.731 1,828,134 tAEe 16

BURGESS HILL SCHOOL FOR GIRLS COMPANY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 51 JUL Y2024 Accountlng pollcles Charity inform2ti0ll Burgess Hill School for Girls Complllly is a privatc eompany limitcd by guarantrt inCOEporatcd iii Eli81￿]d Walrs. Th¥ rcgisTcred office is Keymer RO￿ Burgess Hill. West Sussex, RHI) OE(J. 1.1 Aceounting convention The financiaj statem¢nts have been prepared in a¢¢ordance wTth the Ch8ritAble companys Mcmot￿aum and Articlcs of Associdtiun, the Companies Act 2(K)6, FRS 102"The Financial Reporting Standard applicable in the UK and Republic of Irelarld" I'FRS 102) and the ChaTities SORP "Accounting and Reporting by Charities". Statement of Rccoznmended Pra¢tice aPp￿"cable to clMTities prepar]ng tlkeir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective l January 2019). The Cbantable Co￿panY is a Public Benefit Entity &s defmed by FRS 102. The financiat statements are prepAred in sterling, whieh is tbe functional C￿rencY of the Clwitable compally. Monetary a￿OUnts in th¢5¢ financial statements ar¢ roundcd to the nearest £. Thc financial sthtements have been prepared ￿nder the bi5torical cost CODvention, modified to include the revaluation of freehold properties and to include investment properties alld certain financiat insttijments at fair value. The principal accoutttxng policies adopfrd are set out klow. la Going eontern At the tlllle of approving the financial stateM￿ty the Governors bave a reasonable expectation that Ihe Charitable company Iw ad¢quate resourc￿ to Conti￿￿e tn operational existejkct for the foreseeable Sjture. the Govcrnors continue to adopt the going cunccrn basis of accounting ID prepari￿ the fiDancial statemenrs. 1.3 Charltable funds Unrestricted funds are avAilable for use at the discretion of the Governors in filltherdnet of their charitable objectives. Restricted funds are subject to specific conditiors by donors or grdfttr>rs as to how they may be used. The purposes alld uses of the restricted fi]nds are set out in the notes to the financial statements. IA Income Fees Teceivabl¢ and charges for serviees, Iw aIlowance4 scholarships aTtd bursaries ￿ted by th¢ School against those fees are accounted for in the penod which the seryice is provid￿ Wher¢ fccs are received tor a fiItUTC scrvicc period they are includcd in deferred income. including those fees received under An advance fee payment $chemc. InvcstElleni income is acCoull￿d for on an accDJals basis. Donations, legacies, grants and other volun14ry income are accounted for as and when entitlement arises. the amount can rellably m￿s￿red and the economic benefit is consRdeTed probable. Where a donor or an appeal h&8 i￿posed restrictions th¢ incomc is credited to a restricted fuoll IKttiiigs iiiwiEir ib Lh¥ ¢￿￿ou￿t daivcd from letting the Burgess Hill School premises falling within the company's ordinary acts"vities. rental incornc is recognised on an aC¢nTals basis. page A7

BURGESS HILL SCHOOL FOR GIRLS COMPANY NOTES TO THE FINANCIAL STAT￿￿Nrs (CONTINUE, D) FOR THE YEAR ENDED 31 JULY2024 Accountin2 pO￿.eleS {Coniinued) 1.5 EipendihJre ExpwLdiiutr irLU8lltbrd ullcr is a legal or constructiv¢ oblig&tion to traD3fer eCono￿[C bencfit to a tIiiFd paty, it 15 probable that a transfer of economic benefits will be reQU￿ed in settlemenL and the amount ot" the obliRation can be m&9sured reliably. Expenditure ig accounted for on an accDJals basis with irrecoverable VAT included with the item to wbich li rela￿5. Expendibjre is cl&gsifAed by activity. The costs of each ￿tivity xr¢ made up of the total of direct costs aLd slwed costs, including support costs tnvolved in undertaking each activity. Direct costs attributable to a single activity are allocated dircctly to that activity. Shared costs which contrl)ute to more than one activity support costs which are not attributable to a single activity are 8ptN)rthoned between those activities on a b&sis consistent with the use of resources. Central staff costs are allocated oll the basis of time speni and depreciation charges are allocated oll the portion of the asset's use. Rethmdallcy and tern]l￿tion payments are cbarged to the Statement of Financial Activities on an accru3]s basis. Governa[￿ costs include those costs associated with meeling the cotLstitiJtAonal aod stathtory requirements of the charity and include the audit fees #nd COSLS Iinked to the strategtc management of the clwity. All costs are allocated between expenditure eategoTies alld depa￿ts on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly. 1.6 Tallgible fixed assets T&Tkgible f￿ed assets are initially measured at cost and subsequently rneasu￿ at cost or Va]uatiO￿ net of depreciation and any impaim]ent losses. DepreciatioD is recognised so as to write off the cost or valuation of assets less their residual values over their useful h.ves oll the fottoilryng bases: Freehold land aud buildings 20/0 on cost of completed buildings 15ts/0 011 Cost of temporary buildings 200A on cost 1250A reducing batance 2￿/• on cosr 125 /0 rethicing balance I￿1• On Cost 2￿/fj on cost Plant and equipment Fixtures 8nd fittings Computers Motor vehicles The gain or loss arising on the disposal of an asset is deterniin¢d as the difference between the sale proc¢¢ds and the eanyittg value of the assel and is recogtllsed in the stateD￿l of fu￿¢1￿1 activities. Projects totalling le&s thall £2,500 and the nMjority of inforniation technology equipment A￿ written off as expense as acquired. Tbc Govcrnors arc satisficd thlli thc morket valu¢ of the freehold laud ond buildings is in ex¢ess of th¢ value at whi¢b they are stated in these financial statements. 1.7 FiJed as$ct investments Investments in subsidiatics arc mc&wrcd ￿ CO￿ and revi¢w¢d 2mnwlly for impaiTm¢nL 1.8 1iuyaKrllielll or rlxed assets At eich reporfing eud date. thp. fhAritAblp. r.nmp2ny re.Trrie.w£ thp flTryinv xmniinl.q nf it.q tangrihlp. x.q£e.t_q tn hp.tprniinp. whcthcr thtrc is any indication that thosc asscts hav¢ suff¢ra an Émpairmcnt loss. If any such indicati<)n cxists, thc recoverable amount ot.the wet is ethnjated m order lo detern￿e the extent ot.the mipaument loss {It"anyl. page 18

BURGESS HILL SCHOOL FOR GIRLS COMPANY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAK 51 JUL Y21124 Actvulllill¥ pulilie (Lontinued) 1.9 Stocks Stoeks ELrc st2tcd at thc lowcr of cost and tsttll￿ta selling pLice Irbb Wsls iu LUtnplcLe dnd sell. C05[ comprises dlreci maierials 2n( where applicable, d￿ect labour costs and those overheads that have been inCu￿e￿ in bringing the %t()ck% ta the.ir pre.gp.nt lor9tion and conditioj). Items held for d1stn￿UtIOll at no or nominaI consideration are meosurcd thc lowcr of r￿lacement cost and cosL Net realisable value fts the vstimatcd sclling Price less ail estimated costs of completion and costs to be incurred in market]llg. selling and distributio 1.10 Cash and cash equivglents Cash and casb equiv2tcnts include c&sh in hall￿ dcp05its held at ￿1 wirh banks. other sbort-tenn liquid investments with original maturities of tbree months or le￿. and bank overthafL8. Bank overdtafts are shown within IKI￿OW1ngS in current liabilities. 1.11 Finan¢iAI instrwnents 'rhe LI￿n"t￿ble comp2ny has elected to apply the provisions of Section I I 'Basic Financial Instsijments, and Section 12 'Other Finalleial tnstruments Issu&s' of FRS 102 to all of its finA￿la1 inslrutnents. Financial instrnments are recognised An the Charitable compan￿$ balance sheet when the Cl)aritxhlt eomp8Dy becomes paty to tbe Contractual provisions of tbe i￿tD]menL Fillancial assets alld liabilities ate offsel with the net amounts presentrd in the finarLml ststeTr]ents, when there is a l¢gally enforceable rkght to set off the recogllis¢d amounts and tlwe is an intention to settle on a net basis OT to realise the asset and settle the liability simu]tsneously. Basicfin4ncial assels Basic fmancial assets, which include debtors and cash alld bank balanccs. are initially mca5ured at transaction price iIILluding tr&￿actIOn COSLS and are subsequently carried at amorttsed cost using the effective interest method un]ess the a￿gement constitutes a financtng transaction. where the tranS￿tIOn is measured at the present value of the future receipts dis¢oullted at a market ratc of inter&sL Finattci￿ assets classified as receivablc within one year arc not amortis￿. DerecogniÉion oJfinancial ￿Sets Financial assets are derecognised 0￿Y wben the contractua] rights to the eLqh flows from the asset expire OT are settte(I or when the Charitable Company transfers the financial asset and substantially all thc risks and rewards of ownership to another ¥nLity, or if some significani risks and Tewards of ownership are retained but control of the &sset has transferred to another party that is able to sell the &sset in its entirety to an Unrelated third PArty. Basicfinancial liabiiili Basic financial liabilities. iti¢ludin¥ crcditOTS and baDk loans are illitially recognised at transaction price ullle8s the arrangement conSti￿t&S 2 financing transactioffj where the debt instnllne¥]t is mcasured at the present value of the future payments discounted ￿ a market ra of inte￿sL Fin2llciAI liabilities clwified as payablc Vithiti one ycar arc not a￿ortise(L Debt instruments are subs¢quently ￿?￿led at tytsortised eos4 USiD8 thc ¢ff¢¢tivc intcrcst rat¢ mctho Trade Creditors are obligaiions to pay for goimts or 8ervi￿s that have been acquired in the ordinary course of operatLons fron) suppliers. Amounts payable are cl&ssificd os current liabilities if payment is due within one year or less. Ifnut, thcy ar¥ wesenied as non-curreni liabililles. Trade ereth.tors are reCOgn￿ed itl[t￿l1Y at trJnsactton price and subsequently measured at amortistd iIqing the pffftetiv&. IDteTest methd. FiIi<UiLl<il liabiliLieS derecogDised when the Ch8riTable company's contracts￿] obligth.ons expire or ate discharged or caneelled. paRe 19

BURGESS HILL SCHOOL FOR GIRLS COMPAINY NOTES TO THE FIIYANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDEI) 31 JUIY2024 Accountine policies Icolltillued) 1.11 Employee benefits The costs of short-temi employee benefits are Te£ogoised as a liabiIiry and an expense, unless there COSTS are required ro he. r￿.n￿MI%￿￿ Dart nf the tn%t nf qtack nr fixed &<qets. Ibe cost olany unused holiday entidement is recogDised in the period in vthich the employee's services are receive 1.13 Retirement benefits Until the 31 August 2020, when it withdrew from the scheme, the School c4mtributed to the T&￿berS Pension Scheme. FroEn the I Seplember 2020 the School joined the Aviva APTIS schetne for Teachers. In adth"tiot4 the School makes contributio￿5 to a dcfincd benefit schcm< The Pensions TrusL The School is utthlc to identify its share of the underlying (notional) as%ts and Isabilities of these schem&8. Accordingky, under FRS 102 the schenies Are &ccountrd for as if they were defined contribution schemes. Thc School also contributes to defined ¢otribution perso7wl pension schemes for its non-tea¢hiJ]g staff. 1.14 IEases I￿Se% ATe clL%sified &8 finance leAges whenever the tern)s of the lease transfer suhstantially 211 the ri%k% and rewAr(L% nf owncrship to thc Icssccs. All othcr Irascs &r¢ ¢18ssified 8$ operattng l¢xs(z. Assets held under finance leases are recognisd as assets at the lower of the assets fair value at the date of inception and the present value of the Eninirn Icase paymcnts. Thc rclatcd b"ability is included in the balance sbeet as a finance lease obligatiOIi. Lease payments are treated as consistlng ot" capital and interest elements. The interest is ebarged to net incomeI(expellditt￿e) for the year so ag to produce a constant per1￿1C rdte of illterest on the remaining b212nce of the liabiLity. CTltleal accounting estitnates and judgements tll th¢ application of tlLe Ch￿Rtable company's accounting tKylicie4 the Governors are required to make judgements. estimates and assuTnptioDS aboui the carrying amount of assets and liabilitics that are not readily apparent from other $ovr¢e$. The estim8£es and a&sociated &ssumptions are based on historical experience and other faetors that are considered to ￿ relevant. Actual results may differ from these estimates. Thc cstimatcs and undcrlying asswnptiOTES are Teviewed on 2n ongoing b8sis. Rcvisions to accountillg estimates arc recogllised in the period in which the estimate is revised where the revision affects only that periol ot in the period of the revision and future periods where the rtvision affects b(Trth eurrent and ￿t￿re periods. Tangible assets The main Judgement and accounting estimate included in the accounts is the esttmated residual value of tbe freehold building. Nu dw¢LigLIioFL is vhatged on freehold properly oll the b&¥is thxi the eslim&iLELI r¢sidual v￿luC is in CXLCSS L7f cost. The management Iy)2rd get a tbird party valuation of the pmperties where necessary for insi]rdnce pi]rposes. the last vxng been undertaken in July 2023. ge. ?.0

BURGESS lllLL SCHOOL FOR GIRLS COMPAI¥Y NOTES TO THE FINANCIAL STAT£MCNTS (CONTINUfD) 'UR THE YEAR ENDFD.11.II/I.Y21124 Income Irom donattolls and legacie5 Unrestricted Unrestricted Restricted funds ds fulld5 general designated 2024 2024 Total 2024 2024 Donations and gilts 834 834 834 834 Previous year: Unrestrirted Unrestricted Restricted funds funds funds gener￿ designaled 2023 2023 Totsl 2023 2023 Donations and gifts 23,887 12,470 36,357 23,887 12,470 36,357 Income from tharitable attfvities Unrestricted fund$ general 2024 Unrestricted funds general 2023 School fees Less.. bUT&￿ieS and allow3n¢es 10,459,424 (930.697) 10,370.251 (1.132.896) 9,528,726 9,237.355 Ad&. Registration fees School bus/trallsport income ()ther 8neillary iTttnme 27,118 114,632 5,118 32.794 104,136 2,243 9,675.595 9.376,529 page 21

BURGESS HILL SCHOOL FOR GIRLS COMPANY NOTES TO THE FINANCIAL STATEMENrs (coNrINUED) FOR THE YEAR ENI)ED 31 JULY2024 Income from other tradin2 aetivities lTnTh￿trirt?0 IIDrestricted fuDds fundg genergl gener&1 2023 2024 Lettings income Rentsl income 70,761 79.703 40,243 87,808 Other trading activtLi&s 150,464 128,051 Income from investments Unrestricted funds 2024 Restricted funds 2024 Totsl Unrestricted funds 2023 Restricted funds 2023 Total 2024 2023 Interest and dividends 114.930 4,584 119,514 67.007 67,007 Eipenditstre on raising funds Unrestricted Unrestricted funds fllnds general general 2024 2023 Fundraising and publiclry Advertising and Markding 158243 189,228

BURGESS HILL SCHOOL FOR GIRLS COMPANY NOTES TO THE FINANCIAL STATEMENTS (CONTINULD) 14'UR Illk YEAR EJVDED 37 JIJI.Y2024 E￿endIture on charitable attivities Stsff costs Depreciation Other costs 2024 2024 2024 Total 2024 Diitct costs Teaching Welfare Premiso Suppf)rt and goveTDance 4.6.Sn.9%4 545,206 536,616 502,924 ?.1143Q 377,227 1280,113 837,665 4 88?,4?3 922,433 1,816.729 1,737,998 397,409 6.235,730 397,409 2,726,444 9.359,583 Allalysis by fund u￿estrIcted funds. general 6.235,730 397,409 2,726,444 9,359,583 Previous year: Staff costs Depreci*tlon Other cvsts 202.1 2023 2023 Totsl 2023 Direct Costs Teaching Welfare Premiscs Support attd goveTDance 4.588.160 513210 5(Kl,532 580.747 210,802 386,062 1.256,062 785,007 4,798,962 899,272 1.756,594 1.645,027 279,273 6.182,649 279273 2.637,933 9.099.855 Analysls by fund Unrestricted fimds - genernl 6.182.649 279.271 2.637,933 9,099,855 page 23

BURGESS HILL SCHOOL FOR GIRLS COMPANY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE EJNDED 31 JULY2024 Support costs allocated th activities 2024 2023 StAff cngts Depreciaiion Other support costs Governance COSLS 502,924 397.409 777,167 60,498 580,747 279,273 727,288 57,719 1,737.998 1,645,027 Analysed between: Staff costs Depreciation Other costs 502,924 397,409 837,665 580,747 279,273 785,007 1.737.998 1,645,027 2024 2023 Governance costs comprise: Audit fees Accountancy L£gal atld prof￿1onal 12.300 2.100 46.098 9.300 2,100 46,319 60,498 57.719 10 Lyet movement l)) fullds 2024 2023 Net movement ID fL￿dS is stated after chat￿ng1(creditlng) Fees payable for the audit of the charity's fjJ)aJciaJ statements DepreciatioD of oNvned tangible fixed assets Depreciation of tangible filed assets held under finonce leases Profit on disposal of tan￿￿1¢ fixcd asscts 12.300 331.696 65,714 (34,800) 9,300 193,113 86,160 (21,800) Governors No Governors (or any persons connected witb them) Yeceived any remuneration or benefits from the CharitAble company or any connected body aJ)d onc (202J: non¢) had cAp¢nscs tcimbutscd dutins thc yw. Tlic ¢XPCllSts totsLIILxI £204 relating to governors, mectings. pw24

BURGESS HILL SCHOOL FOR GIRLS COMPANY NOTES TO THE FINANCLIL STATEMENTS (COPUINUED) FOR THE YEAR ENDED 51 JULY 2U24 12 E￿v[￿Ye The average monthly headcount was 181 staff (2023: 18Y) and the averaRe monthly number of fjjll-time equivaIent ernployees during thp yp2r was- 2V24 Number 2U23 Number Teacbing Welfare Premises Support 84 14 15 90 15 13 Totsl 120 126 EmploymeNt costs 2024 2023 Wages and salarles Social security costs Other pension costs 5,110.435 488,153 637,142 5,047,394 489,104 646,151 6,235.730 6,182,049 The number of employees whose at)nual remwieration w&s more than £60.¢KK) is 28 follows= 2024 Number 2023 Number £60.000 - £69,999 £70.000 - £79,999 £90,000 - £99,999 £IOO.O(K) + Of the en]ployees whose emoluments exceed £60,000, eigbt (2023: seven) have benefits accruiDg un(kr defined contribution Schc￿e5. Remuneration of key management personnel The remullerdtion of key management persOt]nel was as follows: 2024 2023 Aggregate compensation 766.915 664,116 The key management personnel of the Schnnl in the yeAr rnTnprisp." thp. Hpjd. De.piiry HeAtl Burgar. Assistant Head _ Academic, A￿lStallt H¢1￿ - p￿t0￿1 & Boardingj A&8i3taDt Ilcad - Ilcad of Sixth a￿d Dcputy Htad uf PLrv School. page 25

BURGESS HILL SCHOOL FOR GIRLS COMPANY NOTES TO THE FINAIYCIAL STATEMEr￿s (COIYTKNUED) FOR THE YEAR ENDED 31 JLTLY2024 13 Gaills and losw on iovestmeots Unrogtrieted Restricted fulld5 fullds Totsl Unrestricted Restricted d5 fullds Total 21124 2024 21b24 2fi2.1 Lusscb ()ll: Revaluation of investtnents (13,787) (2,433) (16.220) 14 Taxation The c]wity is exempt from taxalion on its aclivities beca￿Se au its income is ￿pIled foT cbatitsblc pury)08CS. 15 Tangible fixed assets Freebold laDd Plant and Fixtures and Computers and buildings cquipmcnt Motor vehicles Tot21 Cost At l August 2023 Additions nisposal8 13,380.964 645.751 220.426 642,196 220,714 721.373 17,211 386269 15,776,553 458,351 (86,897) (86.897) At 31 July 2024 13,380.964 866.177 862.910 738.584 299.372 16,148,007 Depre¢iatio At l August 2023 Cbargc for thc ycar Elitninated on disposal 4,150J77 250.992 141.285 343.057 128.707 410.622 94.378 311,760 33,040 (86,897) 5,466.808 397,410 (86,1197) At 31 July 2024 4,15n.377 -392.277 471,764 505,000 257,903 5,777,321 C2rryin£ 2mnllnt At 31 July 2024 9.230,587 473.9(Kl 391.146 233,584 41.469 10,370,686 At 31 July 2023 9,230,587 394.758 299.139 310,751 74,509 10.309,744 The net ca￿]ng value of tang￿1 le fixed assets includes the following in ttspe¢t of a5scts hcld under flnance leases or hire purchase contracts. The deprecTation charge ill respect of such assets amounted to £65,714 (2023: £86,160) for the year. 2024 202J Computers 160.135 267,019 page 26

BURGESS HILL SCHOOL FOR GIRLS COMPANY NOTES TO THE FINANCIAL STATEMENTS (COIYIINUED) FOR THE YEAR SI JULY2U24 10 Ffixed #sset invesmien(s Other illYC8tmtllts Cost or valuthtioll At I AuRUSt 2023 & 31 July 2024 Carrying amount At 31 July 2024 At 31 July 2023 2024 2023 Other investTneuts compTiSe: Note5 tllvestments in subsidiaries 17 Stocks 2024 2023 Raw collsumabl 9,091 8.377 18 Debtors 2024 2023 Amoullts faitittg due Trvithin one year: Trnde debtors Amounts owed by subsidiary UDdenakings Prepaym¢nts and accEued income Other debtors 295,528 192,257 7,293 129,274 11,304 123.433 5,946 424,907 340,128 19 Creditors: amounts falllllg due within one year 2024 2023 ot£s Trdde creditors Accnjals deferrcd income Other taxation and social security Obligations und¢r finance leases Other creditors 220.022 340.743 la3,519 77,359 gS4,341 178,874 60,675 11.3,1fi4 107,216 744,803 21 1,625,984 1,204,732 pa%e 27

BURGESS HtLL SCHOOL FOR GtRLS COMPANY NOTES TO THE FINANCIAL STATEMENrs (coiYriNuED) FOR TIIE FEAR ENI)ED 31 JULY2024 19 Creditors: amounts falltn2 due witthll one year (Lontinlled) Fe&q in advance due within nne yeAr relAte t(Tr the xdvAneTrAI pxyment nf ?.n?.&?.f tprnily fprs 20 Creditors: falling due gfter more th*n ojje year 2024 2023 Notes Other creditors ObLigations urÈder finance leases Pensions Trusvs Growth Plan 780.189 49.368 804,752 129,451 2,646 21 829,557 936,849 21 Finxnee lease ob]igxtions Future minimum lease payments due under finance leases: 2024 2023 Within one year Within two and five years 77,359 49.368 107,216 129,451 126,727 236,667 Financc Icasc paymcnts rq)resent rentals payable by the company for cerrain items of fixtttres & fittings and IT equipment. [￿SeS include purchase options at thc end of thc Icasc pcri(ML and no restrictions are placed on the use of the assets. The average Iwe tern] is 5 years. All le&8es are on a fixed repaynlent b&sis aud no arrangezllents have been entered into for contingent renr21 paymen 22 Restricted funds The restricted funds of the charity comprise the unexpended balances of doDatiOllS and held on tThtst Stthject to specific conditioDs by donors as to how thry be us Incoming Trgnsfer& Gains and At 31 July 2024 1055es 2023 Ida Esrp Music Fut 98.763 4.584 (23,308) 80,039 Previous year: At l Au%llst 2022 Ineoming resourees Transfers Gains and At 31 Juty 2023 losses I& Music Fund 111,973 12.470 (93247) {2,433} 98,763

BURGESS lllLL SCHOOL FOR GIRLS COMPANY NOTES TO THE FINANCIAL STATEMEIYTS (CONTINUED) FOR THE YEAR EJYDED SJ JULY2U24 22 R￿ts]Cted fvllds (Continued) Th¢ Tda Earp Music Fund w&s bequeathed with the r￿Incts0n that it should be wed for the scholarship of music at the pecifi"c resources are held in the appropriate forni to enable each fund to be applied in accordance with the restrictions applied. 23 Unrestrieted funds- designAted These are designated unrestricted fimds which are material to the ChaTitsblc COmpan￿S activities. The Scholarship Fund knas becn cstablished from allocations by Governors from UJTrrestrtcted Fwth. The Fund is used for scholarships and awards to pupils at thc SclM)oL The I8￿d arLd buildings fi]nd represents rtserves of properties owned by the School. These can not be readily realised and are therefore not avallablc should the School Tequire immcdtate c&shllow. At l Augllst 2023 Incomillg resources Transfers At 31 July 2024 Scholarship fund Land and butldings fund 23,887 23.887 9.230,587 9,230.587 23.887 9,230,587 9.254,474 Previous year: At l August 2022 Incomin% resources Transfers At31 July 2023 Scholarship Fund 1.042.950 23.887 (1,042.950) 23.887 1,042.950 23.887 (1.042,950) 23,887 24 Unrestricted funds- gellerAI The g¢nern] UDfc3trictcd fijnds of the charity compnsc the unexpended balances of donations atld ￿allts wbich are uoi Subject to specific condits.ons by donors and grdntOTS as to bow tbey may be used. These include designated funds v/hich have been set aside out of Unrestricted funds by the tr(LStees for specific purposes. The free reserves ar¢ retained as n¢c¢ssary to cover workiEg capital. Al l Au¥uJl 2023 lucvuJill¥ resollrees Resources eipended Transfers Galns and losses At 31 July 2024 Gcnerdl fijnds 10,222,154 9,991.318 (9,517.826) (9207,279) {4) 1,488,363 10,222,154 9,991J18 {9,SL7,826) (9,207279) (4) 1,488,3ti3 page 29

BURGESS HtLL SCHOOL FOR GIRLS COMPANY TrIOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THF VFAR FNDFn_¥l JtIl.Y2024 24 Ullrestrie(ed funds- general (Lontinued) Previous year: At l August 2022 IllcotninE souree6 Resources cxpcndcd Transftrs CvAins gnd losscs At.11 .TiJly 2023 G¢ncral fi￿a8 8.865274 9,593,387 (9.289.083) 1.066.197 (13,621) 10,222,154 8.865274 9,593.387 9.289.083 1.066,197 (13,621) 10,222,154 15 Analysis of net wets between funds Unrestrieted Uzwestricted funds fllnds gener•1 designated 2024 Restricted funds Total 2024 2024 2024 Fund balances at 31 July 2024 are represented by: Tangible a&sets Investments cU￿¢￿t assetsloiabilities) LDllg term liabilities 1,140.099 9230.587 10.370.686 1.177,819 {829J57) 23.887 80.039 1,281,745 (829.557) 1.488.363 9,254.474 80.039 10.822.876 Unr&stricted Unrestricted nds runds general designated 2023 2023 Restricted fulld5 Total 2023 2023 Fund balances at 31 July 2023 are represented by: Tangible assets Investments cU￿t￿t assets/(liabilities) Long tern] liabililles IOJ09,744 10.309,744 $49,257 (936,849) 23,887 98.763 971,907 {936,849) 10222,154 23,887 98.763 10,344,804 26 Capital commitments Amowits Collt￿ted for but 4ot pl0vid￿ iii tIK sta(r￿rUts. 2024 2023 Acquisitioll of propety. plant and equipment 282,510 rAEe 30

BURGESS HILL SCHOOL FOR GIRLS COMPANY NOTES TO THE f￿ANc￿L STAT£MENrs (co1YriN￿, D) FOR THF IF.AR FNT)FJ) .?1 JULY2024 27 Kelated party tr2n$2ctions 28 Subsidiaries These finamcial statements are separate Charitable company financi81 statementq for Bllrg&￿ Hill gth(snl fnr CYTrl* Company. Details of the Cl)aritable company's subsidiaries at 31 July 2024 arc as follows: P4am¢ of undertaking Registered office Nature of busilless Class of shares held 0/0 Held Direct Indirect Offterni Limited England and Wales Management of re21 agtate on a fee or contract basis loo.00 Shares The aggregate capitsl alld teserves the ￿￿￿11 foT the yeaT or5ub5idi￿lcs cxcluded from consolidation was as follows: Name of undertaklng Profitlooss) Capital and reserves OffterEJ Lirnited (28.060) paAe31

BURGESS HILL SCHOOL FOR GIRLS COMPAI¥Y NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2024 29 Pellslon Commitments The qchnthl left The TeAeher% Pensi(Trn qr.heme in All￿1st ?.O?.O and entered Ènto a new Aviva pensioJJ scheme. The pension eharge for the year inclutss eontnbutsolls payable to the A￿va Pension Scherne ot £781,857 (2023.. £76f,87_S) and at tbe ye2T end £72.139 (2023: £90.052) was in respeet of eontsibutions to this scheme. Pensions Irust's GTDWth Plan The School participatrs in thc schemc, a multi4mployer scbeme which PFovidcs benefits to some 950 non-assoLIILt¥d participating employers. "I'he scheme is a defined benetit scheme in the UK. It is not FK)ssible for the school to obtain sufficient iEtforrnation to enable it to account for the scheme Is a defined benefit schem& Therefore it ae¢ouDts for the sch¢ni¢ as a d¢fin¢d contribution %hcme. The scheme is subject to the fijnding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2(K>5. This, together with diKuments issued by the pensions Regulator and Technical Acttwial Standards issued by the Financial Reporting Council, set out the framewo￿ for funding defined benefit occupation21 pen%in schemes in the UL The scheme is cl&ssified as a 'kst-nwi stsnditig arrdDgemen¢. Therefore the School iq ￿)tentiallY lisble for other participatiDg employers, obligations if those employers are unable to Enert thcir slwc of th¢ scheme deficit followiug thdrawal from the scheme. Participaiing employers are legally required to meet their share of the scheme deficit on annuity purclwe basis on witbdrawal fro￿ the scheme. A full actuarial vaIuation for the scheme was carried out as at 30 September 2020. This valuation showed assets of £800.3nL liabilities of £811.9m and a deficit of £31.6m. To elirutnate this funding shortfalL the Tn￿tte l]3s asked the participating employers to pay additional contributions to the scheme as follows: Deficit conthTr)utiot From l April 2022 to 31 Jgnuary 2025: £3J12,(IIM) per annum (payable mollthty) Unlcss a cont¢ssion has bccn agrc£d with the Tn￿ the tenn to 31 January 2025 applic5. The recovery plan contributions are Allocated to each participating employer in line with their estimated share of the S￿1￿5 Il￿d SEEI￿ 2 SLhcme li*ibiliti¢s. Where the scheme is in deficit and where the company has to a deficit fill￿ing arrdngemenL the company recognises a liability for this obligation. The amount recognised is the net prcseDt vallle of the deficit reduction contributions payable under the agrcemcnt that relates to the deficit. The prtsynt value is calculated using tbe discount rate detsiled below. The unwinding of the discoullt rdte is recognised as a fmanc¢ cosL Assumptions RAte of discount /a per 2nniIm 31 July 2024 523 31 July 2023 5.98 11 .Tiily 2n?.2 1.15 tw8p 3?

BURGESS HILL SCHOOL FOR GlllLS COMPAJYY NOTES TO THE FINANCIAL STATEMENTS (col￿NUED) FOR THE YEAR E]VDED 51 JUL Y2024 30 PriiJivEE CvmtllA(Jlleuts In accordance with FRS 102. the net wesent va]ue ol the ag￿ed dehcit lundin% arrangement is reco_onised within creditnrs in the finxneiAI qtAtpmpnts. DiiTing the year. deficit payments of £13,001 (￿￿23.. £1? 797) were made and contributions of £198,483 {2023: £151,680) wcrc D]adc to die plau. Ai Llir bÉ1￿lL¥ sli(xL (tdtr, the dcficii reduction plan liability was £2,974 (2023: L8.656) and bnil (2023: £mll w&$ pre￿d in respect of overpaid pension scheme Costs. Rc-mcasur¢mcnt of thc schcme totaling £4 (202J: £166) w&s dLUiIi¥ thr yrat. The School has been notified by The Pensio￿ Tr￿ of th¢ estimated employer d¢bt on withdrawal from th¢ Plan based on the financial position of the Plall as at 30 S¢ptember 2016. As uf this datc, the estirna￿d employer debt for the School was £473,622 {also disclosed in the 2016 accounts). This is the latest infornmtion available to the School at the titne of appmwing these f￿ancial statemenLS. Provision h&s been made for the value of The Recovery Plan a￿d deficit contributions in the accounts. Th¢ School aLso cotttributes Lv d¢fincd contribution schemes on bebxlf of its other staff. Employer contributions payable to these schemes were £41296 (2023.. £63.693) and at the year end £1.704 (2023: £9289) w&s accnled in respect of Colltributions due to these scheme 31 Cash generated from oper2tion$ 2024 2023 SU￿lus for the yegr 478.076 324,441 AdjusttnenÉs for. Investmen( income recogDised in statemeni of fllW)cial activiti&s Gtin on disposal of t2ngible fixed assets Fatr value gains alld losses on investments Depreciation Alld impairnient of tangible fixed assets Difference between pension charge and c&sh contributions (119,514) (34,800) (67,007) {21,800) 16,220 279,273 (5,656) 397,409 (2.650) Movements in working ￿pItal. (Incre&se) in sto¢ks (Incre&5e) in debto Incrcase in creditors (714) (84,779) 426.546 (730) (140.293) 397.541 Cash generated from operatiolls 1.059,574 781.989 32 Analysis nf ehanges in net ￿ndS At l Avgnst 2023 Cash flows At31 July 2014 Cash at bank aud in hand 1.828.134 645,597 2.473,731 Oblig￿lOnS under finance leases (236.667) 109.940 (126.727) 1,591.467 75_5.-537 2.147.nn4 Page 33