Charity Registration No: 307409 Company Registratlon No: 432077 RYDE SCHOOL WITH UPPER CHINE Annual Report and Financial Statements for the Year Ended 31st August 2025 lllliNIwIwwII 'AF34AKS•I• 2W0&2026 COMPANIES FIOUSE
RYDE SCHOOL CONTENTS P•ge No. Report of the Govemtys in¢lu¢jir the Strategic Report 2-18 Report of the Independent Auditor 19-21 Statement of Financial A¢tr¥ities 22 Balance Sheet 23 Stslement of cash flows 24 Note8 to the Ants 25-36
RYDE SCHOOL (Company No: 432077, Charity No. 307409) R•fernn and adminislrntive detalts Name.. Ryde School {known as Ryde School ith Upper Chine) BOARD OF GOVERNORS (All Governors a Oirectors for the purpose of ¢ornpany Law, and Trustees of the ¢harrty) Chair of Governorn: Miss C. Ooerries K.C. Vice Chaiman and Honorary Govemor: Dr M.D. Legg BSC, M.8.B.S. Hereditsry Gov•mor: Mr l. Mclsaac BA (Hons) Honorary Gov¢mor: Mr P.l.J. Week5 Iresi9ned 21# November 2025) Governots: Mr S. 8ranston (apwnled 21st N¢)¥ember 2025) Mrs M Esfandiary Mr P. Hamilton (resigned 21¥1 November 2025) Mrs F. Hnatow Mrs C. Jacobs RGN (resigned 3rf April 20251 Professor C.C. Lees MB BS Bsc MD FRCOG (resigned 21 March 20251 Mr H. Ni¢klin (appointed 21 * November 20251 Mr S. Ross lappointed 20th March 20261 Mr B. Sualy PGCE. ACA {appointed 21* Marth 2025) MrA. Tate MA Mrs J.L. Wallace-Dutton IresvJned 13th June 2025) Mr S. Wllliams MA 8Sc (appointed 21Si March 2025) Mr G.R.S. r(efield Mr5 R. Woolfenden lappointed 13th June 2025) Clerk to the Govemors and C¢)mpany Secretary: Mrs S. Webb AMlnstLM l Assoc CIPD Hèad Mast•r: Mr W. Tumer BA (Honsl. PGCE Financ• Director.. Mrs R. Kennedy Bsc (Hons). PGCE. ACMA Bankers: HSBC, 38. Union Street, Ryde, Isle of W¥lght. P033 2LJ Auditor: Saffery LLP. Midland House, 2 Poole Road. Boumemouth BH2 5QY Solicitors: The School seeks legal advKe from several firm5 dependent on the topic. Investment Advisors: Cazenove Capital Holdings Ltd. 12 Moorgate, London, EC2R 6DA Registered Office: Queens Road, Ryde. Isle of w1. P033 38E
RYDE SCHOOL REPORT OF THE GOVERNORS The Govemors present their port together ryth the fmanoal slements for the year ended 31st August 2025. l. ObJe¢tives •nd actAvI•S Charitabl• ObJ¢¢ts •ndAims Ryde Sehfr)l is a charity that Seeks lo benefrt the public by psu9 and delNering rts e(lucats'onal aims detailed below. rts fees are set al a ve1 that ensures financial Vrability and provides excellence in education. The School welcomes pupils from a ¥arty of backgmunds. Unlike many s¢hool$. pupils are not selected on their academic ability but need to demonstrate that they wll fft into the School communty and benefft Iiom the education on offer. Econornic status. ethnicty, race and rel10n are not part oftre assessment proces$ as the Scl)ool is an eqLtal opportunity organisation and encojrages a community that Is free from dIrImInatiOn although the School 15 a Christian foun¢Jabon registe with the Church of En9LAnd ditscese ol Portsmouth as having a partKular religious ¢hararter. The inculcation ol Christian values 15 important lo the School but it recognises the values of oEher faiths. The School endeavours to follcw best praCte as recommended by the Charity Commission in dischargin9 its aims and objectives to the benefrt. as far as possible. of the wblic both ltscal, natN•11Y and intematti)nalty. Sch¢1 Values W• arn an lslandschool wilh a global outlook Our purpose is to provide an exceptional edwation on the Isle of Wght, enabling our boarding and day pupils lo Ikurish in mind, body and soul. nLItU pupils to make a pts$"¥e difference and embra¢e the opportunities of the wider woild. OurAlms Our lour aims. derived from our Mission Staterrwt. wovide a ¢lw sense of purpose to drNe the ¢Jelrvery of our mission Statement. EXCEPTIONAL SCHOOL - Vle are an exceptK>nal school. pro¥K1ing an exceptional e(lu¢ion in an outstsnding learning environment. MIND- We devebp purlls to have a of leaming. a sense of curiosty arKI an ability to think independently. BODY - We recognise the importan¢e and 0fits of a heawhy lrfestyle. physical exercise, ind¢xJr and outdoor acb"vitses anJ personal challenge. SOUL- We encourage all members ofour communty to develop a sense of their rréffl wellbery and to foster 5eff- reflection. Our Values Our value$ underpin commutNty. shay.ng evaything we do and hthv we go about wr daily tsve$. AMBITION- We a ambitU3 both indmdualty and for ow Schod. We have hwJh expectat)ns and aspirations. RESPONSIBILITY-We lake responsibiltyfor our own actions and deu"siorvJ. We value integrity and seif-discipline. COURAGE - We have the ¢ourage lo be advenlwws and to be rtsk-tskers. We have the tenaoty lo keep trying and lo overcome challerye5. RESPECT - We respect oursew. each other our communrty as a whole. expect kindness, inclusivity, empathy and open-mindedness.
RYDE SCHOOL REPORT OF THE GOVERNORS Our Ethos Ryde is a Church of England School. Christian values inpired and gued the founders and were reco9nised as a designated Ghur¢h Schty)l in June 2006. The Bishop of Portsmouth is our visrtor and we have a spe¢i31 relationship wth All Saints. vknere we hold assembl5. rnaior ser¥eS and where the Senior School meets regularly for 3 service of reflectn. The All Saints. Team also prowdes our ¢haplain¢y. The inculcatson of Christian values 1$ important to u$, but we recognise the values of other faiths. offer opportunitS for other farth leaders lo speak in the School and teach world religions in RS ckis5es. We expect all pupils to attend our assemblies and ¢hurch services Yh)ich refle¢l the broad and indusive nature of Anglicanism. We hope that pupils profess not lo have a tsrth VAII grow spiritualty in that they develop a Sense of ar worhder of the W•Vrtd in U)ey I. As an InÉemational Baccalaureato (IB) School we want ourpupits to beconje." Balanced Caring Communicators Courageou5 Creative Inquirer5 Knowledgeae OpeTrminded Principled Rellectbve Risk laker5 SeW-Jisoplird Trunkers Alonitoring The School assesses its su¢¢e$s in delivering its mission. airrts and values through the work of the Board sub- commrttees who monrtor the Schod's strategic development plan ag•n51 the rni55ion. aim5 and values. Public 8enerrf The Govemors confirm that they have due regwd to tr gubJance on p¢ Benefft published by Ihe Charty Commission in exercising theirpower and dLrtJ'es. The Board of Govemorn is committed to meeting rts responsibilities wrth regard to the provision of berefrt to the wpyer public.
RYDE SCHOOL REPORT OF THE GOVERNORS 2. Structure. Governance and ManagemMt The School 1$ ¢ommffted to maintaining the hoh standards of Govemance recognised in recent School inspections. 2.1 Goveming Document The School is governed by its Memorandum and Arts"C of Association suWemented as necessary by bye-laws determined by the Board of Govemors. The company is a ¢harty limited by the guarantee of its members and wa$ in¢orporaled on 28th Mar¢h 1947 and islered as a charity on 4th March 1964, rts ath'vit$ bein9 the provision of education to boys and girls of all ages as well as the continued development of the School as an educational resouf¢e of high quality on the Isk of Wight. Its Regislered Charity Number is 307409. 2.2 Re¢ruitmentand Training of Govemors Governors a elected by the Board for a tem of four years, vhlich can be extended for a further four years and in the case ofthe Chairman. lora maximum term often years. Governors may be nominaled by the Old Rydeians, Assttialion and one by the Upper Chine Okl Girls. Association. The current Goverr#n9 body represents the membership of the company. The Board selecls new board members the basis of their personal cornpeteiice, specialist SklS and availabilty. Govemors are inducted by the School's Clefk and Head Master and provided wrth copies of 9oveming documents. bye-laws and external charitable guidelines pertinI both to independent school$ and Charibes as well as all the necessary statutory and regulatory comlanCe checks. All Govemors are encouraged to attend courses run by AGBIS and the Board's own regular In-house training sessK)ns on pertinent matters and polKie$. The Board appraises rts ¢ffethene35 every year. 2.3 Org•nisationalMana9ement The Govemors delennine, the Head Master. the general strategy. aims and ethos of the School. The day-to- day management of the School is delegated to the Head Master. Deputy Heads and Heads of Section together wth the Finance Director and Estate & Operations Director. The Board operates through t4•40 main commrttees. There is a Finance and General Purposes Committee. chaired by Mr rtefield, which approves and monitors budgets, revie the annual audited accounts and the School's tangible a55et resources. The Educatson Commitiee. chaired by Dr Le99 when Mr Hamilton was unavailable, reviews educational and pastoral issijes in conjunthon w41h senw teaching staff. Both committees meel each term prior to the full Board. The Board is also advised by a Remuneraiion Commrttee. whth delemines senior salaries. The Remuneration Commrttee in c¥)njunclion with the Head Master considws the apkyopriate level of pay for the Sen1 management team. It also recommends to the Board the Head Masterf5 remuneration. In recommending and assessing these levels of MUner10n the Remunerabon Committee uses national slisti¢s as ben¢hmarks. The Govemors and Senior Leadership Group have a strategy mcwning prK)r lo each fvll Board meeting to discuss fnajor issues. The Board has a Govemance and Nominabons Committee, chaired by Or Legg, whKh detem)ines the skills the Board needs to fijnction effectivety and advises it on succession planning. MT Weeks represents the Governors on the Health and Safety Commrttee and Mrs Ja¢obs is the lead Govemor for Safeguarding. The Risk Management Commrttee, chaired by Mr Ilclsaac, monitors the Risk Regtster on a termly basis to ensure the School's risk management, control and govemance 3rrafigents are adeqLsate and effective. The Board meets every term and on other occasions as required.. the EdUtIon Committee, Finance and General Purposes Commitiee and Risk Commiltee all meet thfee t a year. the Strategy Group meets as necessary and the Remuneration Committee meets tsw.ce a year. There are no $pecrfic related parties except for the parent body. wth vthom the School consutts on a regular basis. 11 is cognisanl with boih AGBIS and HMC Communa.0n5 Used to infom). eL1ucale and improve governance.
RYDE SCHOOL REPORT OF THE GOVERNORS 3. Strategic R•port 3.1 stratsgic Objectlves To deliver its ststed ¢haritabfe aim$ and obiecknves, the School is committed to delivering an excellent all-round education. By maintaining hh standards of academi¢ perfoman¢e. pastoral care and citizenship and ensuring pupils, ats'lities are developed lo their fvll kwtsntial. The Governors, in fvlfilling their ¢hantsble oblwations. are mindful ofthe need for the School to be accessible to the local community by offering a broad ujrriculum tpthibe provKling bur5anal suppryt. 3.2 B•neffts to the Community The School aims to provide benefits to rts communty in the 7Kays. First. the School provides financ¢al assistance to families who vK>uld not othenmse be ab to afford the school fees. The level ofthi5 5UPPOrtvaries from a felatively small amount. IO% or 20% of the fees. to a 90% bursary rn limited cirojmstances. Support is offered mostly to pupils who live on the lsk of Wlght, bLrt some wpils. including a number from Ukraine, benefrt from a boarding rsary and the School IrkS wth the local authorTty and natsonal ¢hanb"es to enable boafding for some vulnerable thildren who can so benefit. ]M)ilst around a quarter of our tjoarders come from the UK. the majorrty are overseas Students and the School beneffts considerab from the cultural diversty and Iffie.t w0d wew that they bring to the School and indeed to the Island ¢ommunrty. Secondly. the School aims to 5UPPOrt the local ¢ommunty through forging edLtcational links with state schools and by sharing faolrties. Thirdty. the sc)1 aims to support local and overseas chanties erther by offering the use of fa¢ilth"e$ or directty by fundraising. Headline figur•s for the year to 31 August 2025. as per the results of the ISC e¢onomi¢ impa¢t ¢001 ¢akulatlons for Ryde School.. Amount of money raised for UK ¢harib"es". £9.274 Contribution to UK GDP.. £20.9 millk)n Contribution to the IS of Wght economy". £11.3 nwllion Total amount of UK tax supported by Ryde School's activities". £7. 1 million Totsl savings for UK tsx payer as a result of pupils attending wtho would othenise atten4J state schools. £5.7 million Total number of UK jobs supported by the school'5 actmty.. 396 Number of pupils receNin9 ft$ tested bwsarial asststance". 62 Amouni of money spent on bursarial support to pupils last year.. £1,009,121 Total number of voluntary hours that students put l)ack irrto the COMMlty through voluntary activty such a5 Duke of Edinbur9h = 2,925 8ursarles, Scholarships The School adverb.ses S¢holar$hip$ and Bursaries in its womotional lrterature (Current Information). its website and the lo¢al press. Examinab"ons and inter¥vts for S¢holatship$ and Bursaries take place in November. Places are available for entry inlo Year$ 7. 9 and 12. The ¢nteria to receive a scholarship a Snth¢an1 achievement and potential erther a¢ademically or in one or more of several e¥tra<urriculai a?$. S¢holarships can be academic, sport, music. sailing or arts lalkswng for success in. for example. Drama, OT or Artl and those in receipt of one are expected to benefit from an educalion at Ryde Schod generalty, but also in nurturing their particular talent, and make a positive contribution to school life. The S¢hwl has the me eXPectatn$ of its feeyying pupils. Those in CeIpt ofa scholarship ¥ill automatKally get supw1 to develop the aa of skill of the aWa[d-fexaMp1e, music scholars a supported Vilh comr4imenlary individual tuition. In addibon. all those awarded 5choiar5hips become eligible for fee assistsnce. The level of fee assistance is determined after an assessment of parents. lor guardians'l ability to pay the fees., assistarKe can be as high a5 90% and occasionally grants are made to assist th school trips or unifomi. Assisted Pla¢es are offere(J lo some tsoarder$, are also assessed as to the level of supptyt that is required. Usually. one or two pupils a year are nominaled through the Headmasters, and Headmistresses. Conference IHMCI Eastem European Schdats Programme. *hith carries OLrt its own assessment of parental means. HMC Scholars receive up to a 100% butsary.
RYDE SCHOOL REPORT OF THE GOVERNORS The l¢)tal vak of bursaries lo £1,Ih)9K or 7.4% of gros5 fee income. Approximatety 7% of PLpAs re¢ei¥e ch support. Funding for bufsaries corne5 from Iwo Sources. The School uses investment income from the educational Devek)pmenl Fund (which fvnds approximately 20% of means tested bLtrsariesl. wth the remainder ming from the donalions to the bursary fvnd includrng from sale5 of second hand unrfomi antj also surplus derive¢J from fee Inrr. The School ¢onkn"nues to assist some pupils already in attendan¢e. parentsl ¢ir¢um$tsnce$ Change. Su¢h holp IS given after means testing.. it is the School's ¥&ish to see such pupils complete the appropriate stage of their education. In budgeting for its awards, the School attempls to strke a balance tJets¥een Ihe use of its rental and investment income, and fee incoffle, and in recognising that many parents have already made SDifant sacnfi¢e5 to fund the edu¢alion of their own ¢hildren the S¢hool aims to keep fees as low as prath"cally possible. To foster bursarial support ftjrther the Governor5 have established a restricted fvnd --Ryde 8ursary Fund. lo which parents and stsff donate. In addition. in order to assist fvrther children whose parents might not otherwise be able to afford to choose it, the S¢hool fosiers rts relatnShiP other grant makn'ng bodies and participates In the Govemment's Nursery Voucher Scheme. The School has offefed particular assiStare to children vkno Vould berefit boarding d to therr personal or family arcumstances and has worked with the bcal athlty and nabonal ¢h3ntses to identsfy and place children in Ca or those Nvtto wtyjld otheTrMse not able to acce55 a boarding school education. Pupils. voluntary work Pupils and staff are encowa9ed tofollowthe School'$ rFh)tto of Ul Prosirn and INe a lile of5er¥Ke. Many are involved difectty and indirectly in ndralfi9. 8¢b"¥e commuftrty Serv aThJ kxal engagement. Many of OUT pupils in Year 10 take part the Bronze Duke of Edinbur9h Award - last year 40 pupils did al lea$1 12 hours of voluntary work each. That is arcHd 480 hours volunteering in the communty Some pupils continue doing the Silver Duke of Edinburgh Award in Year 11. Last year 18 pupils did at least 24 hours of voluntary work each. That Is in excess of 432 hour5 of voluntsry 7M)rk in total. AddliTraIfy. last yeaf 36 pupiLs took part in the Gold Duke of Edinburgh Award across the Sixth Form. This included at least 52 hours of voluntsry wwk each, meaning at least 1872 hours in total of voluntary %bt)rk. Adt1ed together the hours ol voluntary Irk completed by students In all three sectn$ (some of whKh did more than expe¢tedl of the Ouke of Edintjurgh Award gave a total of 2925 hours. The social value of these hours 15 e5b"mated to be £18.719. This year our aspirin9 medics. vets and dentists have gwned inportant experience wowking wrfh people and organisalions in the local c<>mmiJnity, including kjng term volunleering at IcKal care homes. St Mary's Hospital. the Alzheimerfs Cafe at All Saints Crch, and local veterinary surgeries as well as helping thth ywth ¢oaching at l¢cal netball, sailing, swimming and tennis chJbs. The CASE (Creative Athe Servi¢e and EnrKhmenll aftemom, vthich ha$ been part of our curriculum since Seplernber 2021. provides further opportunities for our pupils from Year 7 - Lower Sixth to get involved in projects in the local communty. Pupils in Year 7 and 8 uThJertake a carousel of aCtN.eS over the course of the Year. For year 7 students theIr'$erve, a¢tMty is to on Vemon Square Gardens whbch is a community garden area. For Year 8 students, their '5eNi¢e' aGtMty 1$ lo visrt HighfiekJ Cafe Horre eath week and provide cornpany and take part in activities wth the residents. We also allow students to arrange and participate in their own ¥olunteering activities. We have students that go out into the local communty and volunteer their time and servrce. Exarnples of this include working The Salvation AJMY, Hopscotch Day Nutseries, Department Ryde. Ryde Town Council and beaGh cleaning. We even have a gfOUP of girls who have organLsed their knitting group to knit blanket$ used by patients at St Mary's Hospital. The Prep School also supports Ihe Rotary Club shoebox appeal sending gffts and essentials to countries Such as Moldova and Bosnia. Al Christmas our choirs sing at numerous care homes in the area. Prep and Pre-Prep students contribute to lrtter pickiry. especialty w the nearby beaches at Various pnts during the year. Children ¢ontr"bute items for the local foodbank annually at the joint Prep and Pre-Prep Harwest Festival 5ervi¢e each Aulumn. The School has dose links a 81 s¢h(>S in Mako. Ghana and a group of prIS travel there on a biennial basis to carry out voluntary vnfk, teaching lessons and helpiThJ to renovate the site. the most recent trip to Ghana being in October 2024. The S¢hool addortalty carries out regular fundiajsing in support of Nako Sthool.
RYOE SCHOOL REPORT OF THE GOVERNORS The Arts The School's musi¢ ensembles gNe freely of their time to Y at h)cal venues. The School's nwic s¢holars have performed public recitals at Monkton in Ryde. ar#J the Isle of wght festival. The Pre-Prep arKI Prep Sthool Musi¢ groups play al knal care homes for the eklerty at Christma5 time and the Pre- Prep Garol singers sing at the Ajzheimer Society Café in All Saints. Church hall al Christrnas tsme. The local community is usually invrted to school events $u¢h a$ ¢arol seNi¢es. and xhool musical and drama productions. Extemal pupils are also able to use the school's sessions for the Associated Board of Music Examinations and they have access to the school's music kn"Iibes rehear5aLs too. A number of community artistic group5 Use the School'5 larylrties on a regular basis." Ryde Film Club, and Curtain Call theatre group are among those vkno in nom1 times make regular use of the school's faciliti.es The $¢ho01'$ musie ensembles are open to talented pUpS from k)cal stste schooL8 an¢J members tsf Ryde School's music department are heavily involved In promob.ng MUS on the Island. includin9 contribuling to the IOW Symphony Orchestra, Iwcantala Choirand The Island Concert Band. In addition. the Brth'sh Theatre School has run workshops for both extemal and Ryde School pupils in the summer holidays. In recent year$ we also spon%)red the ChikIn.5 Art Com¢btson at Mmkton Arts Café. Academic The Prep School ho$ts an annual all-lsland maths challenge for thildren in Years 4 and 5. Each year, 20 primary schools atterKI the event, wth cir¢a 160 pupils partupating in total. The School is working an Hontyary Lectur and Asso¢iate Fellw al the Centre for Climate Change and Sustainabilty Education, Institute of Education, University College London. to create an Island Climate Education Hub. with the pilot phase of a longer-tem. collaboratrve project lo support dimale educath)n across the island launchin9 in 2025-26. This inrtiative aims to connect schorAs and - wthere appropriate - local communrties wrth speakers, workshops. and resource5 that bring ¢limate issues lo life_ It builds on partr)erships wth UCL'S Centre for Climate Change and Sustainabilty Educatron. the Universty of Reading's Climate Ambassador programme. and the Isle of Wight &'osphere inrtialive. among others. Last year the Sthool collaborated with Project Seagrass. working M the seagrass meadows at Ryde beach. The School has also organised academic lectures open to the local communty. Hosted in the Theatre. speaker5 have included local organisations and chafits5 Such as the ldheart Sanctuary. The School has also collabNated th the Wight Squirrel Project on various ongoing projects linked to their research Univeisity College, London. The Senr Sch¢xA hosts an annual nK<4)xbridge. tYlea1. dentisty and veterinary university interview preparation evening, th pupils attending from schools across the island and alumni, parents and h.ends of the S¢h¢X)l acting as interviewers in their area of expth"se. Pupils from all o¥ef the Island are invited, some of whom have gone on to gain pla¢es at Oxbridge. medul. dentistry and vet schools. The School hosted 8 cawrs lair 7*rth a large number of h)cal and mainland organisatitin5 and companies, wth a series of talks aimed at our Senior and Pp Schod pu15. Parerrts re also invited to attend. The weekty Nursery stay and play group5 seNe the k)cal Communty. providing free mu%c classes, playgroups and a forest h0o1 for babS and toddlers. Sports ThAany of the S¢h¢YJl'$ sports speaalists with the V4ider cornmunrty. The Oirector of Sport & Head of Rugby coaches regularly wlh the Bav) Academy an¢1 another of our ¢oa¢hes is a ad ¢oa¢h for the Hampshire RFU. Our Head of Hockey is also the Isle ol WI1 Hockey Mens, 1st Team Ch. The School run5 a number of community sports inrtiatNes ugng Iheir fa¢ilib"e$. Re¢ently these have included a variety of sport loumaments fry thal primary 1$. including tag ru9by, football. netball and basketball.
RYDE SCHOOL
REPORT OF THE GOVERNORS
A number of community Island sports dubs have regularty used the School's facilities in the past acadernic year,
these indude Shorwell Netball Club. IOW Hc
RYDE SCHOOL REPORT OF THE GOVERNORS 3.3 Performancè and Dellvery of Charitable Objectives School Numbers At the stsrt of the a¢ademi¢ year 2024-25, the School had 718 pupAs. 541 in the Senior School. 100 in the Prep. 77 in PrePrep and Nursery. These number5 include 64 boarders. Academic •ndEducat•onal Experience The Sch1 corded excellent resLJIts in the Summer 2025 pubh"c examinatK)ns. Exam results A Level A'.A 35. 35 average pts 150.1 average IICAS pts A L•¥el '.8 65 4% 18CP 4.70 average 9rade 2025 GCSE 9-8 25.2% DP 5.50 avefage grade IBCP 83.3% 0'_D 8TEC 2024 41.7% &50 RYDE SCHOOL WITH UPPER CHINE GCSE.. Overall, the performance of this year's ¢ohort VAS very pleasing wrth 25.2% of grades at 94 and 11.3% at grade 9. There were some excelnt individual outcomes. fytti 11 pupils achieving 9-7 grades in all subjects. a third gaining 5 or more GCSES at grade 7 or above, and nb)re than haff gaining 5 ¢rf more al grade 6 or above. 2025 cumulative % comparison Grade 9 National (Source." Ofqualj 11.3 39.6 21.8 94 89.3 67.1 Wthin the Sixth Form the Sthool contsnues to run three distsn¢t programmes of study.. A-Level. Inlemalional Ba¢calaue Diploma Programme 118DP} an¢J the Intemational BaalaVreate Caer$ Progfamme {IBCPI. AII three courses delivered strong results showing the School's commitment to offering different pathways through Sixth Fom to surt an in¢Jividual's leaming abl1$ and profile. It enabled al students to be ambrtious in their aspirations and succeed on their chosen roLrte. 10
RYDE SCHOOL REPORT OF THE GOVERNORS A Level.. 35.9% of all grades were at A'A and 65.4% at A".8. fftrall. 87.8% of grades were A"-C. Historical A Level examlnation results Year IA'_El Pass 99.4 2025 10.9 35.9 65.4 87.8 2024 24.3 62.8 81.8 98.6 2023 17 37 61.5 83.7 100 2022" 16.9 45.8 86.9 91.7 97.9 2021 Teacher assessed grades 2020 2019 25.5 47.8 73.9 98.8 2018 12.6 33.7 65.3 91.6 100 2017 11.4 58.1 81.6 98.8 2016 13.1 35.2 68.0 83.6 96.7 2015 12.5 41 66.9 87.9 97.8 2025 COURSE AV UCAS PTS ICIXIRSEI A LEVELS 133.6 IBDP 186.0 IBCP 150.1 OVERALL 142.3 Inlemational Baccalaureate Diploma Programme IIBDPI.. PU.1$ a¢hwng the IB Diploma secured an average score of 35 Foints. notsbly exceeding the global average. The highest individual score was an impressive 41 points. Intemational Baccalaufeate Career-TeLaled Programme IIBCP).. The 2025 cohort achieved excellent success, wrth 83% receiving a Distinction or better in their BTEC qualfficatsons arKI an overall average UCAS points total of 150.1, whith is the equivalent to more than 3 As at A Level cal. 100% of our IBCP Cohort successfully gained their finn or insurance thoice university place.
RYDE SCHo¢X REPORT OF THE GOVERNORS IB results overview IB HEADLINES cp 2W24 DP 2025 2024 10.S 17 J5.0 33.0 UK 9* poin1• 34.67 %74 793 Global av•rnF polnts 30.32 %74 91.0 %74 100.0 100.0 IMO Iw.o BTEC IA•an ss 41.7 100.0 100.0 100.0 2024 11 100.0 In 2025. 99% of our students were offered erther their firm or insurarrx ctts¢es at universrfy. l2
RYDE SCHOOL REPORT OF THE GOVERNORS ,NON UKDesriNAT104I5 iWNESS&ECONU&llCS tHDIoGy LAUDÉ LuiI¥ER51TY, ItItEANAmof4AL8Lts4Yt&s SIOIIVNfEPS17Y P5¥CHDIL lERYFmELl5UEYE5.Ak7l 51F0E I4Kr¥OFEWBURG ?5IChOIQGY Tri¥kn55RY FtEUM¥EB5rtY EDICALSCEttE U1>Y0FIyAC tot.iJl.4C5TJDIE5&GiO8AL SItsIAIMA8i£DMLOPMEY s1EANfiESIIv GÉNERALEwpwING SPNi& ÉXERUSeSCWÉ J5TL'iIEDfsIGMIXu P5y£TrU1 HJ.MAfiGEOGIIAPNY IMIIDILÉAUD(AIY NCSC(XLEGE UEiXaNE.PDLmCALÉtomw HrrtAIMWOWAY-.EcOW44KS.ucSfy TERNATM)N4LhELADOXS.LIIViY FIIÉRWATm'.:ALaEIAnU15.iAVJ lIf5TMlER.IJ.:fE&eKts1 i.t4UAGEAIEfir HAWTrURWWIIE5 CARDIFFMOUlllvSASThY .IIIERS17YQFBATH LLIL FASHIWI%iUahfj&lL(U511tATr)Il PWTS FJPIlwEOESN lEI1.0£S1tsN 1NyLWaTm&CRuThV( EMfwJEEPING GSirA¢.FWltiiut46.8USLNE55Ecof4WKS AEROSPAtÉÈNfyIIE£Plf EknuQITP1'ThPSlC0l0GY INFER?IATIONALWE.%1fA7 U.YWEYtYOP ??£0]csCli¢E --co1&7£5$LYAN£& r,CQGPAW(&LÉIHF&&I¢ YAChiogSGPt** PAty)LlCtI&. QCW%IEtrKE&MAIIHE ER&IY(rfsu$5et ECOIOGY& CDliSERVATIo IIYiRSqYVf EIGVIEER UNIVERSIYOIEI£I¥ ECth'WCS CRik1th01
RYDE SCHOOL REPORT OF THE GOVERNORS Ryde Prep S¢hcty)l offers a truly holist educational experience. designed not just to achieve academic success. but to curtivate confident, well-rounded arJ globalty ware young peoe. Our Commitment to enriching every aspect of a child's development 5hine5 through in OUT innovabve catiVe Curriculum in Pre-Prep and Discovery Curriwlum in Prep. This approa¢h brings arnIng to life through engagin9, Ihematsc unrts like'Time Travellers, and'Nature Detectives. in Pr&Prep and'warand Peace, Rivers. Active Planet, d 'SettleTS and Scavenger5' in Prep. This dynami¢ aMiNg is brillfitty supwted by pracb"¢al Challenges, such as Lego ¢hallenges. often th local primary schools joining us, fostering essential problem-solving and teamwork skills. All Pre-Prep pupils a engaged in a mtxlem languages carousel, which in¢Ws Spanish. Fnch an(J Mandarin, leading into Mandarin and Sw)ish through the Prep sect of the school. The classroom walls frequentty disappear as * embark on enrthing tn.ps lo histon"¢al, geographul and scientifi¢ landmark5, including the Pc¥tsrnoulh Dockyard, Butser Fami. Yamouth Harbour. Pauhon'$ Park, River Studies expeditions and the London Natural History Museum, ensuring that lessons resonate long after the visit. A defining strength of Ryde Prep is the searnless transrtK)n from our Nursery, Westhill Into Reception and then Year 2 to Year 3 and Year 6 entering the Senior S¢hcrt)l. whh fa¢ilrted by shared stsff acros$ both divisions in key subjects like Maths, Personal Developrnent. Larwjuages, Art and Swl. This continuty ensures familiarty and a smooth progression for every third. Children benefrt from cesS to the main s¢hool sts. induding the us of the sports hall, field$ and Iatre. These fa¢ilitie$ enhance the curriculum through performance arhd integration with older pupils. Pre-PTep and Prep h05t senior pupils who are embarkn.ng on Duke of EdKtbur9h AwarJs and Ihese p11$ volunteerto support younger pupils in all areas of the ¢Urri¢Ltlum. Beyond our campus. xtivety entrace our rde in Ihe ¥ider community, notatAy through our Literary Festival. which sees us engaging wrth k)cal primary s¢hools and hosling vibrant events. Furthemore, we a dedtcated to pparing Ouf pupils for the future, exemplif by our recent. highly successlul Careers Day. This event Connected our students wth a divefse array of extemal visrtors. includirvJ represenlab.ves from Nunwell Fam, the Commercial Head al Google. HM Coastguard. a ¥hl80 game writer. the Director MI Fourmler of FilmWMJht a Soil Oryanism Exp•1 from Syngenta. The results of our comprehensive apwoath speak for them5el¥es.. Ryde Prep ¢hildren (from Reception to Y&ar 6) achieve remarkable academic out¢ome$. wrth mtye than 94% of $tLKlents scoring above the national average in English and Maths. This excepts'onal perfonnance is underpinned by our strong ethos ar the performan¢e and delivery of our charitable objectives. ensuring Ihat our pu.1$ develop a profound understsnding of their responsibility to others. The S¢hool ¢onlinue$ to offer a flourishing pupil exchange programme wth a number of successful pupil exchanges run wth othef schools from arcwjnd the Ir1d. Membership of the Independent Association of Prep Sd)ool$ IIAPSI, The Head, Conference (HMC), and IntematTronal 8ac¢alaureate IIBI proVe opportunit$ for excellent pegr en9a9ement and infomial profess)nal de¥dopment. 3.4 Links with parents The scho provides good links with parents" they are welcome to attend many S¢hod events including supportin9 sports matches, concerts, ayS arNI prizei¥ing events. There are frequent pall15, evenings held both virtualty and In-person and regular feport$. Parents are free to request meetings tmth members of staff should they need lo discuss any matters lated to thr child. The School runs the Ryde Connection to maintain links wth and amongst Curn1 and fomer fn.ends and pupils from Ryde, Upper Chine and Bembridge schools. There is also a parent-led Friends of Ryde School group that organisès Social events for parents that sometimes raise money for a designated eharrtable cause. The School has a parental portal giving parents direct access lo infomaknon about their child. Parents receNe a digital handbook annually and ¢an ¢ontsct staff dire¢tly via phone or email. The Schod has also continued to run parent seminars to work with parents on key issues Whe home and s¢hool Cooperath matter5. Seminars are offered on key pasloTal topics throughout the year e g. Online Safety. A weekly digital newsletter is published to keep parents abreast of the main "vities tsking pla¢e in the school de(Ficated sections for each part of the School. The School has run an annual survey for parents. skff and pw*ils lo assess wogress and Identrfy areas for development and is now able to chart trends in coleMS. 14
RYDE SCHOOL REPORT OF THE GOVERNORS 3.5 Financial Revlew and Results lor the Year The overall deficit before gainsllbssesl on investments forlhe year was £342k12024-. surplu$ £565kl. Despite other edu¢alional income rising by 19.5%, £26k in donations. and investment and other income being rAO% higher than the previous year, this was not suffent lo offsel income from fees fallin9 by 5% arKI costs rising by C3°. Fee increases are dictated by the Sehoc4's budget. vthich is materially influenced by increases in achIng salaries and inflation. The Sthool's income indudes £104k from the EDF fund t0rS rts Ixrsarial awards.. this contribution is equivalent to 1% ofgross fees_ Key Changes in the financial landscape were ihe introdu¢bon of VAT on independent school fees. the loss of charitable business rates relief and the increase in empbyerfs national insurance contribLrtions. The School's strategy was lo mrtigate the impact on pants by partlalty absorbing some of the cost of VAT and cafUllY challenging and re(luring costs to ensure the conkn.nued excellence in pupil experience and edu¢alion whilst being fiscally responsible. Balance Sheet movements have been driven by a £5.3rn reduth.on in non-current assets as a result of ffixed asset disposals induding the sale of a property no longer used by Ihe School. the sale of the investment property asset and the sale of some portlolK investments. Current assets have irKrea5ed by c£2.8m pri1pallY driven by an in¢w$e in cash in hand as a resuh of the wopwty sales. During the 2024125 acadernic year, the Sthool has also agreed wrth its bank to restructure the existing loans mortgages and to consolK1e them into Me nth¥ 15-year loan. dud[n9 an eaY caprtal repayment of £1.6m. The lransacb.on completed in May 2025. In preparing the financial statements on the goffig corKem basi$ the Governo have ppared financial fore¢asts for the financial periods endlng 31 Au9USt 2027 tsking into account principal risks and uncertainlbes affecting the School's operations, incjuding those aring from economic uncertainb'es induding the 'Cost of LNing Crisis. and political thre*s lo Independent scho$. Based on these fore¢asls and the abilrty to ¢all upon funds held wthin the Edu¢ational Development Fund IEDFI Govemors beh.eve the Sch¢)ol 11 be able lo continue to operate within ils existing facilities for the foreseeable future. In preparing the financial statements. the Govemtys are SponSible for asses$ing the Charitatrle Company's 8bil to continue as a going concem, disclosing. as applICae, matters lating to going concern and using the going concern basis of accounting unless the Govemors erther intend to INiuidate the Charrtable Company or to cease operali¢)ns. OT have no reali$b"¢ allematsve but to do $0. 3.6 Investment Perfonnance and Pollcy As mentioned above, the Inve$lmenl Property asset. wa$ 501d during Ihe year as rt was no longer in either operational use leased. The School haLI unrealised gains of £95k 12024.. £164kl from the ievaluation of EDF investments. Cazenove. the School's investment managers. opefate a mutti-asset unit trust chafitable fvnd for 11$ charitable ¢lienl$. The Sehool ¢ontinues to maintain 115 ¢aulious investment policy. The Govemors, investment obje¢li¥e is to optimise grovth $0 that Income from the fvnd in the future can fully fvnd tts bursary awards. The Finance and General Purposes Committee reviews investment performance in depth annually. 3.7 Reserves and Re$ovr¢e The School has operated a Strategtc Financral Plan for several years enabling a forecast of bolh surplus and cash Ilow to be ma¢Je over the foieseeable fvlure. This, combine<l %Mth rts review of risks and its Strategi¢ Development Plarb. enzbles the Governor5 to operate wthin the School's bankin9 fa¢ilibes and to provide for ongoin9 development. The School's unrestricted reserves at £21.4m12024'. £21.8ml. The Governors ¢onsider Ihat Ihe Schcrt)l $houkl retain adequate reserves to ensure the future development of the school, allowng for capitsl investment to mawitain and enhance the edu¢ats"onal provision offered. The chanty's free reserves represent totsl unrestricled reserves adjusted for tangible fixed assets, investment property. capital commitments and bank bans, and amount to £3.5m 12024". £1.6ml. Thi$ is prin¢ipally held vthin the Edu¢atsonal Devel)pment Fund of £4.2m. The unrestricted fvnds are split to reflect the Governors. current policy and distinguish betsn those held for conbngency and the day to day running ofthe sch1. The Govemors have VIeWed the level of tree serye$ against the Schojl's reserves policy and ¢onsider that the cufrenl Ve1 of £3.5m is appropriate to meet v40rkn.ng ¢aprtal reqU1ments and manage the principal risks faced by 15
RYDE SCHOOL REPORT OF THE GOVERNORS the School. The levd of free reserves held al the year-end is conSided sufficient having regard lo forecast expendrture. capital comrnrtments and borr0VA9 obligatiM$. The reSee position 4MII continue to be revieN%td annually as part of the budgetin9 and strategic t4anning pr(ess. 3.8 Risk Management The Boar¢J ol Governor$ is urtimately reSpOnb lor the management of risks faced by the School. The principal risk the School tsces 15 the retenb.on and recruitment of pupils. whi¢h il tske$ a variety of targeted measures to mib"gate. The School is exposed to a variety of otherfinal1aI risks inchjding credit risk, interest rate risk and liquidity sk. The following approach is taken to manage these risks." Liquidity.. Cash)low is managed by ensuring there are Sufficient funds available to support continuing operations and plans for l)oth the goIng operations of the School and fijture cawal investment. The School maintains a detailed rolling cashfiow forecast to ensure there are adequate funds available to meet commitments as they fall due. and as noted above has wt in place appropriate debt facilities that underpin its fvnding requirements. Intefest.. The School is exposed to the wnpact of interest rale risk in relatff>n to ts IDan whrch ha5 a variable interest rate. Thi5 risk 1$ M"gated by the Inte$t rate hedge the S¢trwl has invested in, as detailed in note 15 01 the accounts. Credit risk.. Exposure to credrt risk is monitored on an ongoing basis. Fees are paid either by the stsrt of each tem or on a morthly basis, the S¢hwl has the right to vAthdraw SeiceS should debt accrue, and has a Board approved process to manage debtors. The S¢hool considers the five key risks faced to be as follov•S: Global po1Cal and econorrmc uncertainty, The affordability of independent school educaiion and demographic trends impading pupil numbers, The risk that hKJh-qualtty teachers cannot be retsined or recwited, especialty if the number of younger teachers coming into the profession does not increase in line wlh deman¢J The risk of wber-attack. data Pea¢hes and finarrial scams leading to reputational damage or loss of business conts'nuty. Reputational damage arr5ing from social rrdia xb"¥ty postsd by alumni of the S¢hool or pupils and parents of the School. The operabonal ri$k$ a monitored by the Board assessed by the Head Master and the Senior Leadership Group. The resuts of the risk rnanagement procedures operated by the School Execulive are regularly reported to the Board. In addition. the Board carries out an annual overview of risk assessment and reviews child proiects'on policies and the effe¢ts'venes$ of their application. The key Controls in a¢e are.. frmal agendas for al Committee and Board meetings: de"led temi$ of referen¢e fof Commitiees. comwehen$r¥e develownent and financial slra¢e9y' dear organisational structure and lir*s of P19. f¢)rmal lIten kvjlicies: fomial investment wdU.. dear authorisatron and approval levels: vetting PredureS as required by Iw. comprehensNe insurance ¥t. statthory child prolects.on procedures.. regular appraisal of perfomiance and apwpriate trainir4J. 16
RYDE SCHOOL REPORT OF THE GOVERNORS rhe School has adopted a reCoended risk assessment procedure lo assess and address risks to the ¢harity in vthich the whole Govefning body is a parb'cipanl annualfy. The Governors. policy is to put in place measures to minimise the effect of any risks as required. The School has an effectNe Hearth and Safety Committee on which a designated Governor srts. The Commthee is chaired by the Estates & Operation5 Director and ils minutes are reviewed regularly by the Finance and General Purposes Commrttee and the Board. 3.9 Futurn Plans The School's Mi55ion Stalemenl. Aims and VeS can be ¥wed on the S¢hool's website 1mvw.rydehOQ1.Org.uk). The strateg Development Pjan for 2023-26, Ithich was implemented by both the Senior Management Team and the Govemors. has been revieEd temily by the Board to ensure progress in line with the School's aims. The Strategic Plan for 2026-29 is currently being developed. wrth key deveK)pments shared with parents and the school communty as apN0pte. The School is avrdre that pnvate education is proving increasingly expensive for parents and strives to provide the best possible value combined with excellence in educatKJn and pasttyal care. The Board are pursuing a strategy to invest in non-fee revenue driving oppthtsnth"es. in addits.on to minimising costs, whth must be balan¢ed with the delivery of an exceplional edu¢ab"on, to mib.gale the impact to parents as far as is possible. These risks have been included in the School's long-term planning and going concem anatystS. 3.10 Fundr4tsi•ig aclivities forRyde School The school has engaged limited activibes to fijndraise for itseff over the course of tr year, such as the sale of donated se¢ontJ unrform and parents. sotyal events. and has re¢er4ed no ¢omplaints in relabon lo any ftjndraising activities dynng the 202412 year, of ffjlab.ng to prior years. 4. Statement of Governors, Responsibilities for the Financial Statements The Govemors (who a also dire¢tor5 forthe PUfF¢)se$ of company law) are responsible for preparing the strategic Report, Annual Report, and the financial slatements in accordance wth applicable law and United Kingdom AccoLmlin9 Standards (United 'ngdoM Generalty Accepted Accounting PractKe). Company law requires the Govemors to prepa finanaal statements for each financial year which give a true and fair view of the $tste of affairs of the ¢hanty and ol the incoming re50LWS and application of re$our¢es. including the in[re and expenditure of the for that period. In preparing these financial statement5, the Govemors are required to.. select SUrtab accounting polKies and appty them consistentty.. make judgements and esbmales ihat are reasonable and prudent". epare the finanrial ststements on the going concern basis unless It is inapwopriate to presle that the charity wll ntinue to operate.. and $tste whether appIable UK a¢¢ounting $landards have been lollowed. subFct to any merial departures disclosed and explained in the financkil ststements. The Governors are responsible fof keepin9 proper accounts.ng cOrdS that are suffi¢ient to show and explain the harity's transacts'$ and disclose with reasonable accuracy at any b.me the financial posrtion of the charity and enable them to ensure that the finanaal statements CoMY vAth the Companies Act 2006. They are also responsible for safeguarding kne assets of the chafrty and her for tskin9 reaSMaty steps for the prevents.on and detectson of fraud and other irTegulath"es. 5. Statement as to Disclosure of InfonTration to the Auditor So far as the Govemors are awao, there i no olevant audié inf0mtion of which the chanty's auditor is unaware antj each Govemor has taken all the steps trt he Of she ought to have tsken as a Govemor in order to make himseK or heell awa of any reknvanl audrt infomiab.on and to establish that the charity's audrtor 15 aware of that infomialion. 17
RYDE SCHOOL REPORT OF THE GOVERMORS This report has been prepared in accwdance V•ryth the Ststement of Recommended Prxtice - Acwunbng and ReportJ"ng by Charities and in accordan¢e with the Companies Ad 2006. On behalf of the Governors.. Miss C. Doerries Govemor Date.. 21st May 2026 18
RYDE SCHOOL INDEPENDENT AUDITOR'S REPORT ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 316¢ August 2025 Opinion We have audrted the finan¢ial statement$ of Ryde School for the year ended 31 August 2025 which comprise the statement of financol adivities. the balance sheet, cash ftow statement and notes to the financial statements, including significant accounbng policS. The fanCIal repo"n9 tramework that has been applied in their preparation is applicable law and Unrted lfj'ngdom A¢¢ovnting Standards. including Finanaal Reporting Standard 102. the Financial Rewrting Standard apPIable in the UK and Republr¢ of Ireland (United Kingdorn Generally kcepted Accounting Practu). In our opinion the financial 5talements". give a true and fair Mew of the chatitabk ¢ompany's stale of affairs as at 31 August 2025 and of rts incoming Tesources and applicatKJn of resoufces. including its income and expenditure, lor the year then ended" have been property prepared in aCcdance Unrted King¢SJm Generalty Accepted Accounting Piactice., and have been prepa in acCordae with Ihe COMWe$ Act 2006. Basis for opini¢>n We conducted our audrt in accordance Intemational Standards on Audth"ng {UK) IISAS (UK)) and applicable law. Our responsibilities under those standards afe further described in the Auditor's responsibilities for the audrt of the financial statements section of our report. We are independent of the ¢aritable company in accordance wlh the eihical requirements that are revant to our audrt of the financial statements in the UK, induding the FRC'S Ethical standard. and we have fuffilkd our other ethical responsibilrts in accordan¢e these qUirementS. We believe that the evenCe we have obtsined is suffiaent aid ao)ropriate to provth a f>a$is for our opinion. Conclusions relating to going concern In auditing the financial statemerts. we have eonckthd that the trus¢ees' use of Ihe going Gon¢rn ba$is of a¢¢ounling in the preparatton of the finanaal statements 15 appropriate. Based on the work we have perfomied, we have not Klentsfd any material uncertaintr.es relatsng to event$ or conditions that, individualty or collectwely. may cast signfficant doubt on the tharitable cornpany'5 ability to continue as a goin9 concern for a period of at leasi months from when the financial statement5 are authorised for issue. Our responsibilrties and the responsibilittes of Ihe trusteeswith respectto 90ing ¢oncem are de%ribed in the relevant sectTrJn$ of this report. Other Inforniation The other information comprises the infomiats.on included in the annual report other than the financial slalemenls and our audiiorfs report there. The trustees are reSpOnb for the other information. OUT opinion on the financial statements does not cover the othef information anif, except to the extent otheThvise eXpl1Y stated in our report, % do not express any form of assurnn¢e thweon. Our responsibility is to read the other information and. in doing $0. consider Vthether the other information is materially inconsistentwth the finanaal statements or Ouf knowledge obtained in the course of Ihe aLdrt or otherwise appears to be materially misslated. Ifwe Klenbfy SLth Mater inconsistencies or apparent material misstatements. we are required to determine thether thts gives rise to a material misstatement in the finan¢ial ststement$ Iherrselves. If, based on the wDrk we have performed, condude that there is a material misstatement of this olher infomiation.. we ale iequifed to repNxi that fxL We have nothing to rewjrt in this regard. 19
RYDE SCHOOL INDEPENDENT AUDITOR'S REPORT ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st August 2025 Opinions on olh•r matters pmcribed by the Companies Act 2006 In our opinn, based on the work undertsken in the course ofthe audrt." the information given in the Trustee5' Annual Report vknKh indudes the Di19r$. Report and the Strategic Report for the financial year for ¥thh the finanaal sLitements are prepared is con5iStenl wth the financial stslemenls.. and the Truslee5' Annval Report 7hi¢h includes the Diredors. Report and the Strategic Report has been Prepared in accordance with applKaNe gaI reqU1Ments. IAatter5 on vthich arn required to report on by exception In the light of the knoledge and understarKling of the ¢harrtable ¢ompany and its environment obtained in the course of the audrt, we have r1 identified material mi$statements in the Trustees, Annual Report. We have to report in res of the following matter5 Ihe Companies Act 2006 require5 us lo rep)rt lo you rf, in our opin.. adequate ac¢ounb"ng re¢tyds have not been kept. w retums adequate for our audrt have not been received from branches not visited by us.. or the financial statements are rhot in a9ment the accounting records and retums.. or certain disclosures of trustees, remuneratson specifd by law are not made., OT have not reVed all the infomation arhl exkYanatirm$ we require fry our audit. Re$ponyibilities of trustees As eXained more lulty in the Trustees, Responsibiknties Statement set out on page 17, the tru$tee$ (who are also directors of the charitable company for the purFrf)ses of company Liwl are SPonSIe for the preparation of the financial stslements and for being sats"$fied that they give a true and fair view, and fw such internal control as the tnjstees detemiine is necessary to enats the preparation of finan¢ial ststements that are free from material misstement, whethef ¢Jue to fraud or error. In preparing the finan¢ial statements. the trustees are responsible for asSesng the thar[tab company's ¥brtY to continue as a going concern. disdosing, as appluble, matters related to going ¢on¢em and using the going oncern basis of accounts.ng Un$$ the tru$lee$ ether intend to liqUate the charitable company or lo cease operalions, or have no realistK allemative but to do so. Auditur4' rèsponsibiliil for the aud•1 vl Il finanLial statem¥iil¥ We have been apF(Jinted as aUdItS under the Companies Act 2006 and report in accordance vhlh regulations made under that Act. Our objectNe$ are to obtain asonable assurance about whether the financial Stslemeftts as a whole a free from material misstatement. whethef due to frau¢J or error, and to issue an audtlor5' report that indLtdes our opinion. Reasonable a$$urance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS IUKI will aN¥ay$ detect a material misstatement vthen rt exists. Misstatements can arise from Iraud or error and are considered material rf, individualty or in the aggregate. they could reasonabty be expected to inlluence the economic dKision$ of users tsken on the basis of these financial ststemerts. Irregularities, including fraud. are inslances of non-complTrance with kw5 and regulations. We design procedu$ in line with our responsibilities, outlined aljove. to dete¢t material misstatements in respect of irregularities. including fraud. The specific procedures for this engagement and the extent to wthich these are capable of detethg Irregularities. includin9 fraud are detailed bd(Mf. Identfying and assessing risks ielated to irregulaTitE3". We assessed the susceplibilty of the charitable company's financial statements to material misstatement and how fraud might occur, induding tr*ough discussions wth the trustees, discussions within our audit team planning meeting. updating our record of internal controls and ensuring these controls operated as intended. We evaluated ssible incentive5 and opportunrties for frauduknt manipul3tb)n ofthe finanaal statements. We identified laws and regulab.ons Ihal are of Snth¢ance in the context of the charitable company by dis(JJssions with trustee5 and updatsng our understanding of the sector in which the charitable Company operates. 20
RYOE SCHOOL INDEPENDENT AUI)ITOR'S REPORT ON THE FINANCIAL STATEMEMTS FOR THE YEAR ENDED 31st AUgt 2025 Laws and regulations of direcl Signthce in Ihe contexi ol the charitae corrpany indvde The Companies A 2006. afid guidance issued by the Charty Cornmission foi Englzr¥J and Wales. Audit responsè io risks identifd: We conSere the extent of comp1k2 wrth ihese laws and wulat)ns as part ol our audrt procedu5 on the lated finanoal statemenl item5 irflutjng a vIeW of Ilnanpal ststement dlsd05us. We reviewed the charitable ¢ompany's records of breaches of laws and regulab"ons, minuie5 of meettngs and cOeSpondente wth levant auth¢ribe$ to tdentfy potential Material rnisslatements arising. We discussed the charilable company's poliues and ocedu$ for comp1tare wth laws and regUlonS members of managemeni spOnsible for complianee. Ouring the planning rneetino wth aJ(fft t•am. the erIJagemt partner drew 8nlthi to the key areas v4h¢¢h might involve n0cPIran¢e Vith I and regulab.ons or fraud. We enquwed of management vthether they avrdre o13ny in5tares of non-cornpliance wth lav•s and regulatiMs or kncpthedye of arry actual. suspected or alleged fraLKI. We adéressed the risk ol fraud thrgh management override of Cont1$ by te$tin9 the approwiateness of10um enth'es and identfyirv4 any significanttransactions that were unusual or othside the normal course of business. We assessedvknether Judgements made in making accounts.ng estirnate5 gave rise to a possible indication ol management bias. At the coMpletn stsge of the audil. the engagement partner's review induéed 0nsun9 th the team had approached Ihework with apwowiate wofes5ional 5ceptiasm and thus the capacity to idenlfy non-compliarKe wrth laws and regulats.ons and trdud. There are inherent limrtations in the audit prcce¢Jus described above and the fvrtITer removed non-eompliancetmth laws and regulations is from the events and transactions fieded In the fvancial staternents. the less likely we would become awa of rt. $0. the risk ol not deiecb"n9 a material misstatement due to fraud rs higher than the risk of not detecting one resutting from errcK. as fraud may wivolve deliberate ¢xncealnnI by. for example. forgery or Intentical misrewesentatn5, or thrOh colusion. A further descryJ'on of our reSpOnbille5 is av3ilaWe on the Finanual Reputry Council'5 website at." .frc org.uklauditorsresponsilitles. This descriplion fL¥ms part of cwr audilorfs repjrt. Us• of our report This report is made solety to the charrtable company's member5, as a body, rn accordance Chapter 3 of Part 16 of the Companie5 Act 2006. Our audrt work has been undertaken so that we mi9ht State to the charrtable Company's members those matters are require¢3 to stste to th•Tr in an audrtorf5 report and lor no other purpose. To the fullest extent pemirt¢ed by law. do not attepl Lw assume SponsIbl11ty to anyone other than Ihe tharitable ompany and the charitable company's members 35 a bjdy. foroji autht ¥wrk, for Ihts report, or for the opinions have fOed. Sfft LLP Casidhe Baleri (Senior Ststutory Authtor) For and on behalf of Saffery LLP Mkjland House 2 Poole Ro* Boumemouth BH2 5QY Date.. 27 May 2026 Saff•ry is eligible to as an auditty yi tem)$ of Secti 1212 oflhe Companies Act 2006 21
RYDE SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENOED 31$t August 2025 . funds 2025 26,070 12Grn choritable"adrtIe Fees receivabbe otherethcaknA81 11,61994S 11,619,915 12.271821 211.691 OthertragadIthti I.ent ne othér 20f.&i 242.194 411Y2' 201. 1fi172 374251 1 D4.3 104 13 EXwrfft OA: fuThts Chwitabte a 6,349 521 859 11825. ' 12.437,611 ri8245 Met (e)pendturey inc(wne befo inYEmettts et gatsis on irNthents FV moVnent on i1ml prDyty Fvfflryrnent o irtterest ¥ate Ige (44298YJ 1718 4254> ,570 94,657 161 1230,OtK) (123&5¥ (123,&53 (320.450) tlet laperxfitiwev 1g674 1718 71,450> 174073 26,107 6,107) fundsknrtheJ*r 1540735) 166. 1718 1,450) 174OTJ faTrJ% Totsl findsbrwght f7,606.G18 4.18&.7 91,419 21.th5,769 21,704696 The statement of finanoal a¢tsvilw indude$ all gains and losses re¢ognised In the year. The notes on pages 25 10 36 ftym part ofthese financtal statements. 22
RYDE SCHOOL BALANCE SHEET FOR THE YEAR ENDED 31st August 2025 Fiy£d•wts TnrIe Inv2rnent wcperty IA¥&knerts .494995 22,387,685 3,43&00( 2,385ZX2 io 11 1,06 stor Det#ors tsl&rwJ thii cffle Dettors fath.ng due after (ne.y Cath •ttJank andin harbd 14 1,131.0 331.4 &271, 74B&7X 12 12 1,r31,&0 400.16 1311,438 J949,793 CRirrtors wunt5 tslngthe vithii orte Jear 4fi78. (W7W) 1070,110 24,934.411 26.930.026 Credttyr& aFrb)vnts tsffjngdue ater tme 14 P,419,09ZI 15.041251) 21 Chibty knd• Deggn&t&l Ethoton81 DevEjopfflt Fund General FLTr 4.355299 4,18ITJ2 17.618 Total U'nratlT¢Xal Fun Total RestrictsdlurKkn 21.421.182 X137 21,7535 91,419 the¥ treknfty. (Gtiv&norl Dale.. 21st May 2026
RYDE SCHOOL STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31st August 2025 20 let cath LBediTroperntng a (t7,Tl¥ 1811W7 Inte¥t and Aits frDm wIents Purth&se of tangible fAl assets. PrOe4& ftDm Sale DftawblE tsed ats 'Cash aled from SaIof1Ea (2W(Q) (693 4,8W40 49U¥739. IW11 Cath )lova (usol inl financ•wactivlia ReraytDent.of.bonDViThJ ReEnyment Dfmortge Mewborroyin Nel cash{used inl fiClac5¥Tke¥ .534.7T3) tI,tTr73.731) 3.595, (9422 W89 cIKr[ tiicath andcashequwatents Èfttt*year Cash afK5 TentS at the be9Thring of theyE arrt1cashequivalffltsatthpe 29611451 2,3t1.4SS 2261fi11 49.817 The notes on pages 25 to 36 form part of these fmarKial statements. 24
RYDE SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st August 2025 1. Accounting polici•$ Ryde School FS incorporated in England and Wales as a company limited by guarantee not having share capital. There are currently 13 govemors who are also member5 of the ¢ompany. Each member has undertaken to ontribute to the assets in the event ofa wnding up a surn not exceeding £1. Ryde &hcty)l 1$ a registe ¢harity. The regislered offi¢e 15 9i¥en on page Queens Road, Ryde Isle of Wght, P033 3BE. The principal accounting policie$ adopted. Ndgemenls and key SOUrS of eslimali)n uncertainty in the preparation of the financial ststements are as follows.. 1.1 Basi$ ol pr¢parntion of flnan¢ial stst•m•rts The finan¢ial staternents have been pTepared in accordance with Accounting and Reporting by Charities.. statement of Recommended Practice appli¢able to charities preparing their accounts in accordan¢e wth the Financial Reportin9 Standard appli¢able in ts UK and Republic of Ireland IFRS 102}. Chawilies Act 2022 and the Companies Act 2006. The financial statements are prepared Ai $terling. 1$ the ftrn¢tiMal ¢uroncy of the company. Monetary amounts in these financial $tstements are rounded to the nearest £. Ryde School meets the definthn of a pu1¢ benefft entity der FRS 102. Group financlal slat¢ments The financial statements show the resutts of the parent entity alone and have not consolidated the resutts of the subsidiary undertaking on the grounds of materiality. 1.2 Prgparation of the accounts ¢)n a going concem basis In preparing the financial statements on the goN)g corKem basis the Govemors have prepared financial forecasts for the financial periods ending 31 August 2027 laking into account pftncipal risks and uncertainties affecting the School's operats"ons. including those arising from econom uwtainties including the 'Cost of LNing Crisis, and pOIrtl threats to Independent Schools. Based on these forecasts and the abilty to call Up[urS hehj tmthin the Educational Deveh)pment Fund IEDF) Govefnors believe the scho wll be able to continue to operate wihin rts existing falitS for the foreseeable In parifi9 Ihe financial statements. the Governors are responsible foT assesstng the Charitable Company's ability to continue as a going concem. dL%¢losing. as applble. matters atr"n9 to 90ing con¢em and using the going ¢oncem basis of a¢¢ounb"ng unless the Govemors erther intend to liqumlate the Charrtable Company or to cease operalKJns, or have no realisb"c alternati¥e but to do so. 1.3 Incoming re$our¢•s Fees CeIVable and charge5 for serye5 and use of premises are accounted for in the period in sthich the service is provided. Fees receNable are ststed after deducting albwance$ and bursaries and nel of VAT. Interest on fvnds held on deposrt is included when Vable and the amount can be measured reliably by the charity., this is normally upon notsficakn'on ol the interest paid or payable by Ihe bank. Dividends are recognised once the dividend has been declared and n*)tsfi¢atiM has been re¢etved of the dividend due. Th 1$ nomially upon notification by tyjr investrnent adwsor of the dividend yield of the investment portfolio. Grants and donatKJns are recognised when Ihe school is enbtled to the income. rt can be measured reliabty an rt is probable il 4%ill be re¢eived. 25
RYDE SCHOOL NOTES TO THE FINANCIAL STATEMENTS {COMTINUEOI FOR THE YEAR ENDED 31st August 2025 1.4 Resources expended Expenditure is recognised ore there is a legal or constructive obltqation to make a payment lo a third paty, il is probable that settlement 11 be required arKI the amount ol obligab.on Can be regntsel reliably on an accrual's bashs, net of VAT. Costs of generatin9 funds are those Costs incurred in attractin9 voluntary irrne and investment management fees incurre(l as a resuh of maintainin9 the S¢hoo1's investment F<)rtfolTro Value. Charitable activities iUde expenditure assoaated vith the provision of educalio'nal 5ervi¢e$, including boarding f¥¢ilits"es. and indude both the i"rect costs arn1 support costs lating to Ihose a¢ttvities. Governance cosls indude those incurred in the governance of the School ar it5 a55ets and are primarily asSoCled %wth the constitutional and statutory requirements and are allocated to charitable activities. Supptyt costs indude central functs"ons. 1.5 Tangible fix¢d a$sets Individual fixed assets costing £500 LY more ¥e ¢apitalised at C05t. Tangible fixed assets a stated in the balance sheet at cost_ Depreciabon 15 provided on all lan9ible fixed assets, other than freehold land, at rates ealculated to write off the ¢o$t bes$ estrmated residual value of eath asset on a straight-line basis over its expected useful life as foll5.. Land FUmitu, equipment and rnachinery Motor vehicle5 Not depreryated 10%-33% 25% 1.6 Investments Investments a slated at their market value. The value of unit trusts is the closed quoted market price. The Statement of Financial Actwilies inclLKles the net gains and bsse5 arin9 on revaluats.on and disposals throughout Ihe year. Investments in sudianeS are staled at cost kss any provIs)n for invalmlt. 1.7 Investment propolty Investment properly is staled al fair value detemiined tpthh reference to regular valuakn"on5 by extemal valuers based on the curnt value of expeed future income and updated by the directors in intervening periods. Changes in fa* value are reccwised in income dIng the year. l.¥ Pensions The School contrbbutes to the Avi¥a penon Trust Independent Schoo15 (APTISI $¢heme. which is accounted for as a defined contribuli¢)n s¢heme. The Scheme is a mulliomployer pension scheme * it is not possible lo identify the assets and liabilities of the Scheme wthich are attributable to the School. The School also operates a defined eontribution stheme for Th)n-teathing stsff the assets are held in an ents.ty separate to the School. Contributions lo both schemes are Charged to the Stateffent of Financial AdNitie$ as they become payabk in accordance wrth the rules of the schemes. 1.9 D•bto Debtors are measured on inth.al COgnit)n at setlbement amount after any trade th$counts. 26
RYDE SCHOOL NOTES TO THE FINANCIAL STATEIAEMTS ICONTINUEDI FOR THE YEAR ENDED 31st Augu$12025 1.10 Cash and ¢a$h equivalents Cash and cash eqUants indudes ¢ash and short term highty liquid investments tmth a short maturity of three months Of less from the opening of the deposit or similar account_ Cash holJing$ within the investment portfolio are recognised a5 cash at bank and in hand on the Bance Sheet. 1.11 Tax•tion Ryde School. as a registered charity. is exempl from Corporation Tax under Chapter 3 of Part 11 to the CorM)ralion Tax Act 2010 or seCtN 256 01 the Taxabon of Chargeable Gains Act 1992 to the extent that surpluses are applied to its chantable purposes. The Cost of wrecoverable Value Added Tax 13 included within the relevant expenditure. 1.12 Financial Instnwnents Bas financial instruments are initsalty re¢ognised at transa¢ln value and $ub$equenUy measured at their Settment value. The School has entered into an interest rate hedge agreement regards to the bank IoaA lo offset the impact of rising interest rates. The arrangement is measured at fair value, and the asset or liabilty is recognised on the Balance Sheet. Change$ in fair value are reported ttwh the Stement of Financial A¢tNities. Operating le$ey Rentals payabk under operating leases are expensed on a strawht-line bass over the lease lemi. 1.14 Fund accounting Restricted fiJnds are those rr•Jst be applied in accordance with Ihe purpose specified by the donor. Expenditure relating to these purpostS 1$ therefore Char dire¢Yy lo the fvnd. The unrestricted income fvnds coffwse those fvnds the Governors are free to use for any purpose in furtherance of the thafttae objects. Such funds Irude designated fvnds vA)ere the Govemors. at Ihwr discretion. have ¢ated a fvnd foi • 5pecthc pu$&. Transfer5 offund5 been the general unresthcted funds and designated funds are aFvoved by the Go¥errs. A transfer is made bewn the general unrestrided fvnd5 and the Educational Oevelopmenl Fund to finance bursaries and scholar5hwps. 1.15 Judym¢nts in applying a¢¢ounting poli¢i¢s and key sour¢•s of estimation un¢trtainty In preparing these financkg15t¥tennts, the G¢)vernors have considered the folloing fomis of estimation uncertainty.. In the application olthe chariV5 accounting policies. the Govemors are required to make judgements. estimates d assumption5 about the carryirvJ amount of assets and I.1eS that are not readify appant from other sources. The esbmates and a$sociated assumpbons are based on histori¢al experie and other factors that 8re considered to be relevant. Actual results may differ from these estimates. The estimates and underfying assumptions are revwed on an on90g ba$is. Revisions to accounting e$timates are r¢cognised the period in which the estimate revised where the revision affects only that period, or in the pefiod of the revision and frJtwe peric•Js 4*te the revision affects both Current al future periods. Kèy sources ol •stlmation uncertainty: Fixed assets- ecor¢omic Itves and residual value of assets Debtors- impaimlenl of debtors ao assessed to identfy net recoverable amounts Hedge- underlying discount rates when undertakn.ng fair value of the interest rale he¢Jg•. 27
RYDE SCHOOL NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENOED 31st August 2025 Re¢¢ivabl• 2025 2024 Recewable Less.. Scholarships arKI 8ur5aries 12,629,069 13.153,705 1877.884) 11.009.124) 11,619,945 12.275,821 14et In¢oming Resources for tho year This is stated after charging. 2025 2024 Auditor's remuneratKJn Oepreciation- owned assets Operating ase rental$- equipment 35,000 831.524 30.000 885,906 153,138 60.539 Other Income Other Educational Charitsl)le AcO¥rtlos 202S 2024 Srte sutkletb"n9 Holiday school 49,364 203,642 253,006 33.645 178.046 211.691 Oth•r Trading Income Sundry Student travel recharges 40.667 161.023 201,690 16.172 16,172 Chrit4bl• a¢tiviti•s 202S Unrestsl¢trd Genernl Fund 202$ Unreslrf¢t¢d Oesignad Fund 202$ 202$ 2024 Restricted Fund Total Total Staff costs 7,538,120 2,9,•11 831.524 344,158 1,105,480 36.116 7.536.120 2.969.970 831.524 344,158 1,105,480 36,118 6.349 7.857.149 2,102,620 885.906 418,500 1,141,470 31,966 6,521 Other direct costs DepreciatvJTh Bar artd loan Intwest 71 Suppct cost Inth 61 Govemance 859 Ratsing fufttts 6.349 Totsl 12.824.509 6.349 859 12.831,717 12.444,132 28
RYDE SCHOOL NOTES TO THE FINANCIAL STATEPIIENTS ICONTINUED FOR THE YEAR ENDED 31st August 2025 Charltable atllvlties 2924 Gèneral Fund DesiglUt¢¢J Il•s1•0 FuAd Tolal T•tal stall Costs 7.538.1 2%9.111 631.524 7.S38.120 2,969.970 831.524 7.857.149 11016 885.9J6 Depreaatlr .Bank aThJ uere InrAe n 9Aptth (note 61 344.158 344.158 1.105. 36.116 1.105.480 36,116 6.349 1.141.470 Ran9 ftA#1s 6.349 6.521 Tt)fal 12.824.509 6.349 859 11&11.717 12.444.132 Anatysis of$upport and uov¢manu ¢osl¥ 2025 Support ¢osts 2025 2025 2024 costs Total Total 727,022 378,458 727.022 379.574 687.428 456.008 30,000 1 173 436 1.116 dFf fees Int•rn$t Payable 2025 2024 Bank inlerest k loan5 30.351 259.7 51.017 344 158 12.105 327,432 78,S 418500 Staff Costs 2025 6.705.408 6.J90,2 739.170 686,114 807,708 8474 121 ial security C[5 Other pens•Jn5 CO 8 251 522 2025 120 T88thing stoff Calen"ng, deaniThJ and ma 51r Imini%tralKJn staff 119 23 23 29
RYDE SCHOOL NOTES TO THE FINANCIAL STATEMEMTS (CONTINUED) FOR THE YEAR ENDED 3151 August 2025 Staff Cts leontinutdj The Thjmbef ofernrlfi¢S IKGe ¢n>fte b•fts (exckM'rg naticnal insurwKe 2025 16 2W24 £70.000- £79,999 £80.000. £89.999 £.000. £93.999 £1,1)[) + 13 ()Jri the year reduthcy payments vAre m&J8 to 2 aff tdaKiThJ Q691 Lrf Q282 pawl No rom8[al or ti¢nefitsre paN11o arry (kn•7KrfthmJ 2025 Try 2024. Owing the (knrn0 irtojrred and redoinw travel expenses of £1.11612024". £1.9661. G)verrKI 8re £2.374). Key m8nagenwt T$9n81 Tl wJregale aThKxml ofenW(w twefts paKI lo keyfftar peYe1 £1.017.734 (2024.. £1.134.257) Tanoibl• Fix•d Ass•ts Freehold Land & Building$ Fumiturn. Equipmènt & IAxhiTrvy Mot•r V•hiel•s Total Cost 1 Septwnir 2024 27.425.312 46.879 335.115 27 137 076 62TT.365 124.961 64.4581 6.337.868 72.401 33,TT5.078 206.502 (399.5731 107.063 33.562,LY)7 Oispos$ Al 31 AutyJs12025 D•pr¢¢iati•n 1 SeptertAr 2024 char forth& year Eliminated C disFxJsal 131 Augusi 2025 6,467.046 11.752 (76 6,892.587 4.856,288 320.887 s5.6) 5.121.481 64.059 11.387.393 831.524 131.905 72.944 12 087.012 14et book value At 31 August 2025 131 kn3USt 2024 20.244.489 1.216.387 1421 OTT 34.119 21.494,9Y5 8 342 22 387 685 Ind18 in the fwe lor fre41KJ thj PJKI LxfThJ5 15 Ire1 lar#1 of£1,385.IKX) (I)24: £1.447.} 10. IN$1M¢t prop•ity T•t•l Falr 1• At 31 August 2024 Moveffwl in the ye At 31 Attyjust 2025 3.435.1)00 (3.43S.I)CQI The Thty)vement in the JEar erfKety rdaie5 lolhe sale ofthe a thwd partyon Ihe J Jthy 2025. TM movwrnnt trtas releasal b Ihe ILES tn ac£(thn Mith FRS 102 30
RYDE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st August 2025 11. Fixod Asset Inv•stments 2025 2024 Quoted lat market value) UK listed unrt trust 1.369,J 2.385,132 1369 2385 132 2026 2fX24 Investment in subsidiary 1(KJ 100 lTryde S(t1 COnstructn Limited s 1(MYA (Company numtT. 10513227}. The subsidiary has been us&J to undertake a rthv bcothrwj house deVeloW cfft the SchcM)l srfe. The substdiatys regislefed address is Ryde SclKK4. 7 Queens Road. Ryde. Isle of WtghL P033 3BE. 2025 2024 Alovement in the year Al 01 SepteMr 2024 swsds Addrttor t profit on revakjation 2.385.133 (1.400.584) 290,000 94,657 2.521.180 (31KI.ODO) 163,953 At 31 AUJ5t 2025 1369 The tn& fund is irwested solety in the S(YtMJer unTI knJstfw)d. InvestrneTrt income 15 den¥1 trom" 2025 2024 UK lisled tnjst Rent receFvab UK bank and otr*r interest 101.418 154.334 103.139 240,628 34.524 378 11 D•btors: Amounts falling due within one >Yar 2025 2024 Fee accrxmts Other Iyebtors Intwest rale htyjge 1,740 16.817 135.TT8 476.701 1 131036 147.857 491,798 191.041 401.164 D¢btors: Afnounts falling due after more than one yEar 2025 2024 Inletest rale ldge 400.066 31
RYDE SCHOOL NOTES TO THE FINA14CIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st August 202S 13. Crnditorn: Amounts lallino dut wllhln one year 2025 2024 FI Det S.5% 950 99.209 466.037 240,136 198.959 154,850 3,585,088 482.455 5 227 684 Bank I( Trade u8thlor5 AccJuats
cia Serity and 0[ taxes Fees reved n adVce OtrEr (Jeortors 176.903 427.646 344.033 679.889 2.556,349 492,797 4 678 567 The dthnture loans are at the optK>n of the gMFWJ three months. nots"ce. Fee5 in thance rwesent fees receiv in 31 Awt each year the kntemi beyo1. commences in Septemtw. 14. Credltorg: Amounts falllng due after morn than one year 2025 2024 Bank loans 3.419,092 4,068.734 g74.523 5.043,257 3.419.092 anatysis of Ihe cl loan5 15 gveo bekw. 2025 2024 Amounts falllng due wlthln one yearoron demand Bank loans 176.903 466,037 99209 Oebenture loan 1TT.853 566.196 Due in more than oneyear txje befvw) 1- 2 Jears Due belven 2- 5 )paTs Duein5+5 179.161 581.280 2,658.651 3.419.0¥2 637,178 1.455.760 2,950,319 5.043.257 Sctth's prem5ses in Ftyde and a fixed and Ik)ab"ThJ (Y¥V all assets ofthe sch1. Interest is being chaTged at 1.78% over HSBC base rnte. The SchcX has a lleyible laalrtyth its bankers. Tr £3.7m weed in ts year indththo 32
RYDE SCHOOL MOTES TO THE FINANCIAL STATEMENTS (CONTINUEO) FOR THE YEAR ENDED 31st August 202$ 15. Financial instruments The charivs ffinanoal irstnmnts rrey be as fLItryts". 2025 Finan¢ial assets FinarKial assets al far valu8 through the Slalement of Finanaal A£tivtty Financial assets Easured al artd cost Oen"vative financial instruments desnatl as Wes d v& terest rate rtsk 1.369.2 2.385,133 2.803,236 591,10T 5.288.706 467.254 Financial Ilabilities Financial lialylilies nknured at wrK¥liwJ cost 10 270,941 Finanoat assets measured at fair value statem1 of fwncFal a(vty comwise fixed &8set inveslments in a UK Ied unrt tn&. Eitle finc inslruments desKJnat&l as ¥tre interest rate risk c(xnptise inteSt Fn(la1 lialItieS rreasLKed at cosl c(ry tr tsbentsjre aTrJ bank kws. tr8de credilors. r uedIto and acu15. The entwed into a fix&J interest rate to the IM)tlIa1 volatslFty in luture inlerest cash flow5 ansing trom m0verrts in the HS8C bese rate {"Inlefest Rate H"). The Interest Rate commenced on 01 April 2021 aTht terminates on 28 June 20x1 at)J covws the WaPa1 arnoLmt of £6.711234 betrvJ Ihe erre amount OUts1ftg at 31 Mard12021 urmfjer Existing Facilth'es. New Faali15 and the {rK¥1. The Irrterest Rate Hedge is ftted at 0.3>1%. as 8 re1 of base rates beiF¥J in excess ofthe Wed rate. Ihe Schcx)I hdds an &8set f(w this commitm1 on the balance sh"eeL As at 2025 year end the fair value vrds £467.254 (2024". £591,10n. The (18 in fwr vaEue in yEar a redudron of £123,853 (2024". RethKbon of £320.4S)) ¥%thich is Stwi as'lrtwest Rate F. on the Ssatemont of Financial Athiti"es. 33
RYDE SCHOOL IK)TES TO THE FINANCIAL STA TEMENTS ICONTINUEDI FOR THE YEAR ENOED 31st August 2025 16. An91$ ol Charitable Funds Baiane• at Trar+ BalaTr at 1 S•pt•mb•r 2f44 Inctynlng Resowces gainiiioss) 4)n b•••n nd 31 August 2025 and other gains Unrestrteied lunds Designated lunds E1ClI3r Develont FWKI {EDF) Gen•ral fw Toial unrestri¢i¢d lunds 4.1.732 104.366 (6.349) 94.657 126.1071 4.355299 17.6C6.618 12.381.520 112.824.SJ9) IIY3.8531 26.107 17,CS.883 21.7.350 12.4&5.886 I12.W.l 129.196) 21.421.182 Restr5cted lunds Fund (s)) 1809) 6.T19 87.358 Bursary Fund Tolal r•stro¢ied lunds 91.419 3W7 18591 94.137 T¢lal ftmds 21.886.769 12.489.4&ry IZ831.71n Q9.1%) 21.515.319 Pthafysh of Charitable Fund$ - prior year an¢• Transtèls Balan¢ at 1 SeptembeT bxnlno R•sour¢es gawllossl ¢>N betsen 31 Au9U51 in¥•stsn•nts 21124 and othergaiAS Unr•sth"ct•d lunds Desollat•d fun¢ts EthcaU(a 115.917 (6.5211 163.953 (43.W21 4.188.732 IEDFI GerHTrfai (d$ T¥xal unrestricted funds 17.661.884 12.887y9 {12.436.4471 159),4501 43.W2 17.606.618 21.620.949 13.003.866 112.442.9681 1306.49n 21.795.350 R•sffi¢¢•d fvnds FL Rfft Buw Fu T¢>tal f$th•d 7.031 .716 6.B29 4.836 I) 87.747 4.836 (1.164) 91.419 Toiallunds 21.708.696 13.(1)B.74 2.444.1Y2 386.4971 21.886.769 F¥ovide fiJThJit¥J fry gra)ts arnl awards, wlwe appropnate to financef(x bjilding devel¢¥rnL Ryde Bursary Fund c£ISts of dcrntio olher rec¥s knch tsve been'woficafty requested to spent on prOV"ng bUarst0 s{ts. purr)se of the fijnd is to 9JPFQrt the Schwl in teir¥J able 34
RYDE SCHOOL NOTES TO THE FINANCIAL STATEMENTS ICOhlTINUEDI FOR THE YEAR EMDED 31st August 2025 16. Analysis of Charitable Funds- contlnued Transfef 8elween Funds A Contribution is made ¢ry year ltrwards th• scholarship5 arwj bursaries from the EDF to the genwal fund. In 2025 this amounted to £96.521 12024.. £119.7961. A transfer from the sthool to EDF was made of £70,41412024'. £76,113) being the interÈst tharge on fvrLds utilised during the year by the S¢h¢)ol, theraby resullirvj in a net transfer of £26.107 as rep)rted on the Statement of Financial Aclivities. 17. Anatysls ol Nel Assets belween Funds Educatlonal Development Fund Genefal Funds Restrlcted Funds Total Tangibl• Inv*slments Cash at bank Othèr nèt eurrènt ass•tsl(lKarItitss) Creditcrfs > 1 ye 21.494.995 21.494.995 1.369,306 5.271.889 1.369.206 1.436.476 3.741,276 94.137 4.751.396) 3.419.092) 17.065 883 1.549.617 13.201.779) 13.419,092 21 S15319 4 355 299 94 137 Prior year Educational Development Fund General Funds Restflcted Funds Total Tangible Invostments Investmgnt properties Cash al bank assetsllliabilities) Creditors > 1 year 22.387,685 1LKJ 2.¥J2.450 1.895.6ZJ {4.565,983} S,043.257 17606618 22.387.685 2,38S.222 2.385.132 2.550 324.396 976.6S4 91,419 13.589,3291 15,043,257 16,140 331 4.188.732 91.419 18. Contlngent Llabllltles and capli Commltments caal commth)ents amounted to £nil (2024". £ftill at 31 Au9USt 2025. There no were contingent Ih8bilrties as at 31 August 2025. 19. Subsldlarles The School has onè 100% 1)wned subsitlory. Re Sthool constructi Limited. which was domiat at 31 August 2025. Ryde scho holds 100% of th• ordinary shar• capital fft thè subsidiary. Ryde Sch¢)ol Construct•Jn Limited was exempted from the requirement to a statutory audit in the year by virtuè of taking the s279A èxemption from audit through issuance ol a parental guarantee by Ryde School. 35
RYDE SCHOOL NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31st August 2025 20. Teachlng Staff Penslon Fund Tha Sthtr)l solety parttcipates in the Aviva P$A Trust for Indent SchocAs {hPTISI for ils teaching staff. Th• scho con1n.butK during the of £709.665 (2024: £709,023). The sch)[ also rijns a scheme ts n-teach1r*j staff. 15 a defined tontrrbuttins scheme. The cost for the ar reprèsents School's contributi to that scheme of £97.28012024: £98,417). 21. Commltment under ¢)pffatlng leases As at 31 August 2025 the chanty h&1 minimum lease payments und•r rth.cancellabFe operating leases as 2025 2025 2024 2024 Fumlture. Motor Furniture. Motor equipment Vehicles equipment Vehicles and and machinery machinery Op•iatir#J hases %thich exwre: Within ong yo?r In Iwo to tive ar5 21,533 43,067 64,600 20.806 61,869 82,675 21,533 64.600 86,133 49.187 17.817 67.CKJ4 RencIlIatIOn of Net Movement In Fynds to Nel Cash Inflow from OpeTatlons 2025 2024 Net movem•nt in fijnds Deweciation charges IGainsyLosses on inve51mènts Loss on investmon¢ prop8ty {LossyGain on interest rate hedge Dividends and rents from investments {GainsyLoss on th¢ sale of fix assets {IncreasellDecrease in stock {Increa5el in debtor5 IDècrèaseylncreas$ in cr•ditors {371.4SO) 831.524 194.657) 178,073 885,907 1163,9531 230.000 320.450 1384.549 28,258 8.229 1218.6161 1,927.538 123.853 (343.IX15} (40.9841 (7,8471 45.S61 1160.7741 (17.7791 Nèt cash prtivid•d by ¢)p•rating acb¥th•s 2,811,337 Cash at bank and in hand Cash hold as part of investm•ntporWdv) Total cash and cash equlvalents 3.835.143 1.436.748 1,987,043 324.395 5.271,889 2,311.438 23. Recon¢lllalion ol Net Debt 01 September 2024 31 August 2025 Cash flows Cash at bank and n hand Cash at investrnent manager Bank loans DeblUre lo4n 1,987.043 324,395 (5.608,$03) 19501 13.298,0151 3.270.493 1310.0421 2.189.411 S,257,536 14.353 (3,419,092) 19501 1.851.847 5.149,862 36