COMPANY NUMBER: 00733991
CHARITY NUMBER:
307915
GOVERNORS, REPORT, STRATEGIC REPORT AND FINANCIAL STATEMENTS
FOR
BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEE)
FOR THE YEAR ENDED 31 AUGUST 2024
*AE2YS3KO*
2010512025
COMPANIES HOUSE
A06
#32

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEE)
CONTENTS
PAGE
Legal and Administrative Information
Governors, Report (incorporating the Strategic Report)
2-10
Statement of Governors, Responsibilities
li
Report of the Independent Auditor5
12-15
Statement of Financial Activities
16
Balance Sheet
17
Cashflow Statement
18
Notes to the Financial Statement5
19-28

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
Governors
M Hansra Ichalrmanl
J Carpenter BA (Deputy Chalrmanl
P C Almond
8 Charle5
G Nuijens 8A
J Priory
D Robertson
J s riley FCA
H•adm•51er
T Quilter
Burs•r and Sottet•ry
D Godwln
Carnpany number
00733991
Charity number
307915
Indpal address
8l¢kley Park School
24 Page Heath Lane
Bromley
Kent
BRI 2DS
Re8lstered office
The Courtyard
Shoreham Road
Upper 8eedln8
Steynln8
West Sussex
BN44 3TN
Audltors
TC Group
The Courtyard
Shoreharn Road
Vpper BeedinB
Steynln
West Sussex
BN44 3TN
8ankers
National Westmlnster 8ank plc
143 High Street
Bromley
Kent
8RI IY2
Page I

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEE
GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
The Governors of 8ickley Park School (who are also the Directors of the Company for the
purposes of company lawl, present their Annual Report and Accounts for the Year Ended 31
August 2024. which are also prepared to meet the requirements for a dirertors, report and
accounts for Companies Art purposes.
The financial statements comply wlth the Charitles Art 2011, the Companies Art 2006. the
Memorandum and Articles of Association, and the Charities Statement of Recommended Practice
I'charities SORP'I lapplicable to charities preparing their accounts in accordance with the
Financlal Reporting Standard applicable in the UK: FRS 102) issued In October 2019.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The company is a charltyi governed by its Memorandum and Articles of Association. Membership
of the governing body is reviewed re8ularly and 15 refreshed by the appointment of new
governors. normally comprising ex-parent5 who are interested in developing the School. together
with academics able to offer particular expertise to the School. New 8overnofS are chosen for
their experience in relevant fields and where necessary are 8lven 8uidance in their duties and
responsibilities.
The Governing Body meets as a full Board each term and dele8ates particular tasks to a range of
commlttees coverln8 Inter alia, Finance (including Development and Strateglc Plannin81,
Buildings, Health and Safety lincludln8 Safeguardln8 and Risk Management). Marketin8 and
Education and Currlculum.
The operational Health & Safety Committee regularly assesses and documents key and major
risks to which the School may be exposed. The Governors are satisfied that S￿temS and
procedures are in place to mana8e exposure to the major risks, whi15t reco8nisin8 that these can
only provlde reasonable bLrt not absolute assurance that major rlsks are beln8 adequately
managed.
Governing Body
Bickley Park School Is a charity operated throu8h a tompany limited by guarantee. Legal and
adminlstrative Information 15 set out at the front of these financlal statements. Governors. who
are also director5 for the purposes of company law, and who served during the period were..
M 5 Hansra Ichairmanl
J Carpenter BA (Deputy Chairman)
J S Tiley FCA
P C Almond
G Nuijens
.J Priory
B Charles
D Robertson
Page 2

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEE)
GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORn
CONTINUED
None of the Governors has any beneficial interest in the company. Each Governor make5 an
annual declaration of any conflirt of interest in addition to one for each Board meeting attended.
All Governors are members of the company and guarantee to contribute £1 In the event of a
winding up.
Governors determine the general policies and strategic direction of the School. The day-to-day
management was delegated to the Head Teacher, Mr Tom Quilter lappointed September 20231.
supported by Miss Diane Godwin IBursar in post from January 2024}. and the Senior Leadership
Team.
Investment powers are governed by the Memorandum and Articles of Association. which place no
restrirtion on the nature of Investments that may be made. Durin8 the period. the School
recelved income of £82.518 from other tradSng activities Ilncludin8 rent) and £30,392 bank
interest from cash depostt, totalling £112,91012023- £74,875).
Governor Tralnln8 and Induction
All individuals considered as potential Governors are invited to the School for a discussSon with
the Head and the Chairman prlor to being proposed at a full Board meetin8. They are also given
comprehensive information about the charity and their responsibilities. In addition to attendin8
8overnance meetings, all Governors are expected to spend some time at the School each year to
ensure they fully understand the workings of the school. Post-election induction is carried out bv
the Bursar and Safe-Guarding trainln8 completed on-line.
Each year all Governors are assessed for thelr training requirements. and it 15 the policy of the
School to offer training courses either internally or externally as deemed appropriate. A108 of all
training given is maintained by the Bursar.
Overvlew
The Governors recognise their accountability across a number of areas, summarlsed as follows..
Strate8ic Leadership and Vision
Directing the affalrs of the School.
Setting and regularly reviewin8 the school's vision, mission, and lon8-term strate8y.
Assuring themselves that decisions taken ali8n with the school's ethos. value5, and
charitable objettives.
Educatlonal Standards and Quallty
Overseeing the quality of educatlon and the need for hi8h standards of teaching and
learnin8.
Assuring themselves that appropriate steps are taken to provide for pupils, wellbein&
personal development, and safe8uardin8.
Page 3

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEE)
GOVERNORS, REPORT {INCORPORATING THE STRATEGIC REPORT)
CONTINUED
Cornpliance and Legal Responslbllities
Operating within the terms of the Company Memorandurn and Articles of Association.
Assuring themselve5 of compliance with:
Independent School Standards Re8ulatlons IISSR51
Health and safety le8islation
Safeguarding requirements
Charity Commission requirements. including compliance with Charity law.
Financial Oversight
Assurin8 themselves that the School is solvent and well run.
Overseeing that the use of fund5 are applied in line with the school's objectives and
charitable purpose (where applicable}.
Exercisin8 prudent financial management to avoid undue or unmanaged risks.
Exercising diligence when considering borrowin8 or long-term financial commitments,
Overseeln8 the Management of flnancial risks.
Governance and Board Effectiveness
Meetin8 re8ularly to assure themselves there is effective oversight of School
activitie5.
Assurin8 themselves that approprSate steps are beln8 taken as regards the safety and
well-being of all puplls. Staff and parent5. tO8ether with others associated with the
School, and In partlcular taking all nece55ary steps to maintain and enforce effective
Safeguarding policies and procedures.
Taking professional adwce on all matters where there is material risk.
Defining the strategic aims of the School.
Defining lin tandem with the Headl objective5 and directions that dellver the strategic
alms of the School.
Identifying and managing risks to assure themselves that robust systems are in place
to monitor all known risks.
Being confident that the Governlng Body can dellver a8ainst these responsibilities and
demonstrate strong oversight of the School, supported by an effective governance
structure.
Delivering charitable outcomes for the benefit of the public.
Orynlsatlon and Management
The governance structure for the School's Governing Body 15 represented below (all meetings are
chaired by a 8overnor unless declared below).,
Main Board.. Comprisin8 all the Governors of the School,. it meets three time5 a year.
Finance and General Purposes Committee: This key sub-committee of the Main
Board meets three times a year and more frequently a5 necessary. to review and act
upon any and all matters financlal,
Pa8e 4

BICKLEY PARK SCHOOL LIMITED
IUMITED BY GUARANTEE)
GOVERNORS, REPORT IINCORPORATING THE STRATEGIC REPORT)
CONTINUED
Marketlni Committee: This sub<ommittee of the Main Board meets three times
year and is chaired by the Head or the School's Head of Marketing.
Development and Strate81¢ Plannlng Committee: This sub-committee of the Main
Board meets three time5 a year {and more frequently if required for specilic projects
via designated workin8 8roupsl.
Educatian Committee: This sub-comrnittee of the Main Board meets three times a
vear and is chaired by the Head,
Bullding5. Healih and Safety Committee.. This sub-committee of the Main Board
meets three times a year land more frequently if required) and reviews compliance
with key policies such as Safeguarding, Site Safety and Security Compliance, on which
it reports to the Board.
Rlsk Management Commlttee: This sub.committee of the Buildings, Health and Safety
Committee meets three times a year land more frequently if required) ano is chaired
by the Bursar.
All Governors attend the Main Board and those who are not serving Heads are members of at
least one sub-committee. All committees report back formally to the Main Board meetin8s.
The Governors determine the general Strate8ic Policy of the School, which is reviewed at least
annually (supported by a strate8y working 8rotsp which Is convened more frequently as requlredl.
The day-to-day management and operation of the School is delegated to the Head and the
Bursar, supported by the SLT.
OBJEcfivES AND AcnviTIES
Charltable Objects
Bickley Park School is a leadin8 Selective independent day school whose vision is to deliver a
world-class preparatory school education for all puplls, thereby providln8 a stron8 foundatlon for
successful springboard to future schools. The School's objective, set out in the Memorandum
and Articles of Association, is to promote the cause of education 8enerally. This is achieved by
well-mana8ed operation of the School in providing education for boys and glrls UP to the age of 4.
and then boys throu8h to the age of 13+, preparin8 them for examinations to senlor independent
schools ènd to attain the highest academic levels. Since September 2024 the school has Started to
provlde education for 8lrls above the a8e of 4 years old. The targets of the School are achleved
within a competitive fee structure that rigorously maintain5 financial viability. The School ended
the academic year with 347 pupils.
In meeting these objectlves. the School's core aim is to provide a hl8hly regarded education
aimed at motivating pupils to achieve. The School delivers a balanced, challenging and high-
quallty curriculum that arms all puplls with the skills and attributes to thrive in thelr later Ilve5 as
Individuals and global citizens. The educational experience encompasses academic teaching and
the development of wider sportin8, artistic and social skills where each pupil can fulfil their
potential, gain the right sort of confidence and the ability to communicate effectively and
empathetically with others.
Page 5

BICKLEY PARK SCHOOL LIMITED
{LIMITED BY GUARANTEE)
GOVERNORS, REPORT IINCORPORATING THE STRATEGIC REPORT)
CONTINUED
In addition. the School's policy demands close attention to pupils, pastoral development
throughout their stay at the School, with an intended aim of sharing common values including Be
Kind, Persevere, Succeed and Be All you Can Be.
The Board of Governors, under the direction and support of the Head, encourages all staff to
achieve their maximum potential. This is done by investing in the staff'5 future. not only by the
mean5 Of training and remuneration, but 0150 by promoting their professional development and
engagement in the achievement of excellence in all school activities.
Having no outslde endowments, the School meets all bursary fteeds from funds derived from
on80in8 activities. The Governors have authorised the Head to allocate up to 6% of fee income for
de5ep4ing cases which must be valldated and approved by the Chair of Governors. The bursarlal
proportion of fees may be exceeded temporarily subject to Board approval.
The School site is regularly used by a variety of local community organisations either for no
char8e. or a minimal fee. These include a range of sports clubs. music group5. drama clLtbs and a
local state school who use the swimming pool and are provided with swlmm5n8 tuition. Blckley
Park facllltles remaln a valuable and much appreclated resource to the local community.
In the furtherance of these aims, the School's Governors, as the charivs trustees, have
considered the Charity Commission's guidance on public benefit, including the guidance 'Public
benefit.. running a charity IP821'.
Inspectlon
The last Complian¢e and Educatlonal Quality Inspectlon by ISI took place on 21st to 23rd March
2023.
Inspectors observed lessons, spoke to pupils and examined samples of pupils, work and
curriculum documentation. Oiscussions were held with members of staff and governors Ichair
and Safeguardingl. Inspectors observed some extra-curricular activities and visited facilities for
the youn8est pupils, together with learnin8 SUPPOrt and educational resource areas. In addition,
responses of parents and staff to pre-inspection questions were considered,
Bickley Park school's Educational Quality (pupils, academic and other achievementsl and Pupil
Personal Development were assessed as Excellent- the highest ratin8. All Regulatory Compliance
standards were met.
The Governors are pleased with the outcome and are satisfied that actions continue to be taken
to further increase and improve provision across the entire school.
Page 6

BICKLEY PARK SCHOOL LIMITED
(UMITED BY GUARANTEE)
GOVERNOR5, REPORT (INCORPORATING THE STRATEGIC REPORT)
CONTINUED
Volunteers
Bickley Park School Association 18PSAI. a committed parents. assoclation, continue to provide
great support and asslstance to the School through fundraisln8 and other activities through
voluntary service during the year. Si8nificant contributions of funds have been made to school
projects and new pledges of support are readily forthcoming for new projects. The Governor5
would Ilke to take this opportunity to record their appreciation of the BPSA'S contlnuln8 and
valuable support of the School.
STRATEGIC REPORT
Achlevements and Performance
A professional and consistent approach by the Head and staff, which aims to inspire confidence
and engage positively with the parent body and wider community. has been much appreciated.
Parental support remained constant and has been invaluable in en8enderin8 a close partnership
model.
The School's commitment to deliver 8 high-quality educational provision. whilst ensurln8 pupil
and staff wellbelng, remains a prime oblective.
The School. buildin8 on the stron8 foundation of recent years, has enjoyed another successful
veaf and continues to gain excellent academic results at IO+, Il+ and 13+. Success in exams IS
combination of teacher input and pupll commitment. The results evldence the quality of teachin8
and learnin8 consistently across the school.
Eight 13+ Independent Oay khool scholarshlps were awarded from a cohort of eighteen boys
with the majority of leavers gainlng places at their flrst-choice senlor school. Four Y8 boys
achieved academic scholarship5 to selective schools. Twenty-one scholarships were awarded at
Il+ and 86% of boys who sat the Kent Grammar tests reached the 8rammar standard.
Sport continues to play an important part in School life. with good achievements for School teams
on the ru8by. football and cricket field. In addition to the major team sports, boys have been
Involved in cross.country, athletics, fencing. swimmin8. golf, cyclin8. tennis, hockey, basketball,
badminton. squash, table tennis and taekwondo. The School's lon8Standin8 association with the
local cricket club, and its own on-site facilities. provide pupils an environment to explore and
extend their sportin& leadership and team workin8 credentials.
The School's community engagement encompasse5 a variety of events and quiz nights. Outreach
projects supported Sifts being sent to local care homes, donations to food banks and NHS
charltles.
The Governors are delighted with the positive and enthusiastic support from the entire staff and
School community. The on-8oin8 Slte transformation programme, which has a clear mandate
f rom the Board, continues to deliver progressive and much needed chan8e to meet the School'5
Strategic Vision.
Page 7

BICKLEY PARK SCHOOL LIMITED
IUMITED BY GUARANTEEI
GOVERNORS. REPORT (INCORPORATING THE STRATEGIC REPORT)
CONTINUED
The Strategic Development Plan. which is reviewed and updated regularly. continues to be
implemented acr055 a broad range of areas. A clear priority was given to essential infrastructure
Improvement5 and educational resource5. The Governors continue to encourage the balanced
and approprlate use and benefits of "digital teachin¢ in the classroom.
Flnantial Revlew
Incoming resources for the year were £5.491,734 12023; £5,575,677), The reduction in income
compared to prior years is based on lower overall pupil number5. reflectin8 the decllnin8 national
birthrate that the independent settor is experiencing and a period of economic Ltncertainty. The
drop in pupil numbers had been mltl8ated to some extent by an uplift In fees above the School,
recent avera8e.
Judicious financial management during the year allowed the Sch¢)ol to continue to offer a high-
qualtty independent education and to invest in Its strate8ic development pro8ramme. The effects
of c05t of livin8 pressures and an increasin8ly competitive environment for independent schoo15 is
likely to affect the Incomelcost ratlos at most prep schools. The governors will seek to maintain
an appropriate balance by regularly reviewin8 all financial and operational lever5 in conjunction
with the Head and the Bursar.
Resources expended In the year increased by IO% to £5,842,676 12023,. £5,191,703) due malnly
to staffing Cost increases, restructurin8 Costs and the removal of the Government energy bill
relief (resultin8 in higher rates for gos and electricity). The resulting overall net deficit for the
year was £350,942 12023.. £383,974 surplus). The total unrestricted reserrfes balance carrled
forward at 31 Av8USt 2024 was £8,252,95612023: £8,603,898).
In the event of a significant drop in funding the Governors would conslder the option5 available to
them for rai5in8 odditional funds. Thls would include reviewin8 whether or not any of the
School's tan8ible fixed assets could be disposed of in order to release funds.
Senlor Management Pay
Senior management remuneration Is benchmarked a8alnst established teacher pay s¢ales and Is
subjett to meetin8 performance criteria set one year in advance. The remuneration levels for the
Head and Bursar are also benchmarked against established criteria. including data from IAPS and
AGBIS.
Prlor to any award belng made to the Head or Bursar, the Finance Committee will make a
recommendation for main Board approval.
Plans lor Future Perlods
The Head, under the supervision of the Board. will continue to deliver the agreed development
plan for the School. targeting delivery of a number of projects over the course of the next three
years. The aim is to create a world-cla55 environment that educates and nurtures pupils through
their formatlve educational years in preparation for entry to senior schools.
Page 8

BICKLEY PARK SCHOOL LIMITED
IUMITED 8Y GUARANTEE)
GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
CONTINUED
Mr Tom Quilter, having taken up the position of Head from I September 2023, has already made
an impact on delivering significant chan8e to ali8n the School to current and emer8in8 economic
and market conditlons for the sector. The Bursar, Mlss Dlane Godwin Ihavlng jolned the School in
January 2024), supports the Head in rnakin8 a contribution to the School's trans*orm3tion.
Development projects, and other key Inltlatlves, wlll continue to be supported by the Governors,
who remain fully engaged in the assessment and plannin8 Sta8es and are mindful of retaininE a
sound financial mana8ement ethos. Particular attention continues to be applied to pupil and staff
wellbeln8 and to the provision of a hi8h-quallty educatlon.
The Governors, beln8 aware that the future development of Bickley Park School must be of
benefit to all pupils, review the Strate8ic Development Plan re8ularly. including the educational
and 5UPPOrtin8 facllltles of the charity. providing strong SUPPOrt and directlon to the Head, the
Bursar and Senior Leadership Team,
Improvements in marketing and engagement, wlth a strong parent contlngent who promote the
School. has resulted In $18nificant interest from parents wishin8 to visit and enrol. Nevertheless,
Governors have started to see evidence of sector wlde reductions in pupil numbers due the
adverse impart of economic and political headwinds which remain a worryin8 prospect.
The School intends to continue to enhance the excellent links already galned with other local
independent and state schools. In addition, access to the community will be maintained through
the provision of means-tested bursaries and the offer of the use of the School's facilities for
educational and recreatlonal purpose5.
Prlncipal Rlsks and Uneertalfttles
The Governor5 are responsible for the management of the risks faced by the School, Risks are
Identified, assessed re8ularly and controls established throughout the year. A formal review of
the charity's risk management processes is undertaken on an annual basis.
The key controls used by the charity Include..
Formal a8endas for all Committee and School èttivity;
Detailed terms of reference for all Committees,.
Comprehensive Strategic planning, budgeting and financial management:
Established organisational Structure and lines of reporting,.
Formal written policies..
Clear authorisation and approval leve15, and
Vetting procedures as required by law for the protection of the vulnerable.
Rlsks are fully documented in the School's Risk Re8lSter.
Pase 9

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEEI
GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
CONTINUED
Through the risk management processes established for the School, the Governors are satlsfied
that any major operational risks identlfied have been adequately mitigated where necessary. It is
however reco8nised that 5yStem5 can only provide reasonable but not absolute assurance that
major risks have been adequately managed. The Governors and the School's management team
have implemented strate8ies and controls to monitor and mana8e the risks identified.
Rlsk Management
The School malntalns a comprehensive operatlonal risk register, whlch identlfles the prlncipal
risks, together with the steps to be taken to manage them. Each risk is categorised as Financial.
Health and Safety, Cornpliance, Operational or Buildings.. the key strate8ic risk is non-compliance
or breach of le8al/statutory responslblllties leading to loss of confidence In the school and risk to
investment. The key operational risk is the 1055 of key resources, both staff and financial.
Governors formally rewew the risk register each term, wlth key fisks assessed each term at the
relevant committee5.
The School continued to develop its business policies during 2023-24 through its Finance and
General Purposes sub-committee. wlth chan8es endorsed at Board level. The nece55ary business
protection, human resources ènd financial pollties continue to be in place land are re8ularly
reviewed and updated as required). as are the School's Safeguarding policies.
RESERVES POLICY
It is the policy of the School that its financial affairs are managed soundly and wlthin the confines
of a budget that Is approved by the Governors. The nature of the School's activities determines
that reserves fund the property and other net assets. and are held to cover unexpected shortfalls
In income.
The Governors consider that, in the event of a significant drop in short-term fundin& they will be
able to continue the School'5 activities while consideration Is given to ways in which additional
funds may be raised andlor costs reduced.
AUDITORS
A resolution proposin8 that TC Group be reappolnted as audltors of the company wlll be put to
the Annual General Meeting,
DISCLOSURE OF INFORMATION TO AUOITORS
Each of the Governors has confirmed that there Ss no Information relevant to the audit of which
they are aware, but of which the auditors are unaware. They have further confirmed that they
have taken appropriate steps to identify such Information and to establish that the auditors are
aware of it.
On behalf of the Board of Governors
M S Hansra Ichairmanl
Chair of Governors
Page 10

BICKLEY PARK SCHOOL LIMITED
{LIMITED BY GUARANTEE)
STATEMENT OF GOVERNORS, RESPONSIBILITIES
The Governors. who are also the dirertors for the purposes of company law, are responsible for
preparing the Governors, Report {includin8 the Strategic Report) and the financial statements in
accordance with applicable law and United Kingdom Accountln8 Standards (United Kingdom Generally
Accepted Accountin8 Practice), including Financial Reporting Standard 102 'The Financial Reportin8
Standard in the UK and Republic of Ireland,.
Company law requlres the 8overnors to prepare financial statements for each flnanclal year whSch 8Sve
a true and fair view of the affairs of the charitable company and of the incoming resource5 and
pplication of resources, including the income and expenditure, of the charitable company for that
year.
In preparin8 these financlal statements the governors are required to:
select Sultable accountlng policies and apply them conslstentlv;
obseThe the methods and prlnciples of the Charlties, SORP;
make judgements and estimates that are reasonable and prudent- and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will not continue in operation.
The Governors are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the accounts comply wlth the Companles Act 2006. They are also responsible for safe8uardin8 the
assets of the charitable company and hence for takin8 reasonable step5 for the prevention and
detection of fraud and other irre8ularities.
Page 11

BICKLEY PARK SCHOOL LIMITED
IUMITED BY GUARANTEE)
REPORTOFTHE INDEPENDEpif AUOITORSTO THE MEMBERS
We have audited the financial statements of 8ickley Park School Limited (the 'charitable company'l for the year ended
31 August 2024 which comprise the Statement of Flnancial Artivilies. the 8alance Sheet, the Cashflow Statement and
notes to the flnanclal statements. The Ilnanclal reportini framework that has been applied in thelr preparatlon Is
appllcable law and UnSted Kingdom Accountlng Stsndards, includlng Flnanclal ReportlnB Standard 102 The Flnanclal
Reporting Standard appllcable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accountin8
Practice).
In our opinion the financial statements..
give a true and fair view of the state of thè charltable company's affalrs as at 31 Au8USt 2024 and of Its Incomlng
resources and application of resources, including its income and expenditure, for the year then ended.
have been properly prepared In accordance wlth United Kingdom Generally Accepted Accountln8 Practlce; and
have been prepared In accofdante with the requirements of the Companies Art 2006.
Ba￿$ of oplnlon
We conducted our audll In accordance wlth Internatlonal Stsndards on Audilln8 IUKI IISA5 IUKII and appllcable law.
Our re5pon51bllltles under those 51andafds are further described in the Auditor's responslbllltles for the audlt of the
financial st¥tementS sectlon ol our report. We are Independent of the charltable company in accordance wlth the
ethical requirements that are relevant to our audlt of the financial statements In the UK, Includin8 the FRC'S Ethlcal
Standard, and the provisions available for small entltles, and we have fulfilled our ethlcal responslbilitles In accordance
with these requirements. We belleve that the audit evldence we have obtsined is sufficient and appropriate to provlde
a basis for our opinion.
Con<lu$lons relatlng to 8oln8 concern
In auditing the financial statements, we have concluded that the 8overnor5' Use of the going concern ba515 of
accounting In the preparation of the financial Statements is appropriate.
8ased on the work we h•ve performed, we have not Identlfled •ny materlal uncertalntles relatlnq to events or
conditions that, Individually or collectlvelyl may cast doubt on the charltable compan15 ability to continue as J golng
concern for a perlod of at least twelve month5 from when the financial statements are authorSzed forlssue.
Our responsibilities and the responslbllitles of the governors. with respect to 8oln8 concern are descrlbed In the
relevant sections of thls report.
Oiher Intorrnatlon
The other Informatlon comprises the infomiatlon Included in the annual report, In¢ludin8 the governors, report, other
than the flnancial statements and our auditor's report thereon. The governors are responsible for the other
Information. Our opinion on the financlal statements does not cover the other Information and, except to the extent
otherwise explicitly stated in our report, we do not expre55 any form of a55urance conclusion thereon.
In connectlon with our audit of the flnanclal statements, our responslbillty Is to read the other InformatSon and, In
doing so, conslder whether the other Informatlon Is materlally Inconslstent wlth the financial statements or our
knowledge obtained In the audit or otherwise appears to be materially misstated. If we identify such material
inconsistencles or apparent material misstatements, we are required to determine whether there 15 a material
misstatement in the financial Statements or a material misstatemenl of the other information. If. based on the work we
have performed, we conclude that there is a material misstatement of thls other informatlon. we a￿ required to report
that fact.
We have nothing to report in this regard.
Page 12

BICKLEY PARK SCHOOL UMITED
(LIMITED 8Y GUARANTEEI
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS
Oplnlofts on other matters prescrlbed by the CompaTrle$ Act 2006
In our opinion, based on the work undertaken In the course of the audil..
the information given In the governors, report (incorporating the strategic report and the directors, reportl
for the financial year for which the financlal ststements are prepared 15 consistent with the financlal
statements; and
the strateglc report and the dlrectors, report have been prepared in a¢¢ordance wlth appllcable legal
requirements.
Matters on which we are requlred to report by exceptlon
In the li8hi of our knowledge and under5tandin8 of the charitable company and Its envlronment obtalned In
the course of the audlt, we have not identified material mlsstatements In the strateglc report and the
directors, report.
We have nothin8 to report In respect of the following matters In relation to whlch the Companies Act 2006
requires us to report to you If, In our oplnlon:
adequate accountin8 records have not been kept, or returns adequate for our audit have not been received
from branches not vlslted by us. or
the financial statements are not in a8reement wlth the accountlnB records and returns: or
ertaln dlsclosures of dlrectors. remuneration speclfled by law are not made,. or
we have not received all the informatlon and explanotions we requlre for our audit.
R•sponsSbllltles ol iov•mors
As explalned more fully In the 8overnors' responsibilities statement, the governors (who are also the
directors of the charltable company for the purposes of company lawl are responsible for the preparatlon of
the financial statements and for being satlsfied that they give a true and fair view. and for such internal
control as the eovernors determine Is nece55ary to enable the preparation of financial statements that are
free from materlal mlsstalement, whether due to fraud or effor.
In preparlng the financlal statements, the governors are responsible for assesslng the charltable company's
ability to continue as a 80in8 concern. di5closln& as applicable, matters related to going concern and using
the 8oln8 concern basls of •¢¢ouniin8 unless the 8overnors either Intend to Ilquldate the ¢haritJble
cornpony or to cease operatlons, or have no reallstlc alternatlve to do 50.
Audltor's re$ponslbllltSes lor the audit ol the financial statements
Our objectives are to obtaln reasonable a5surante about whether the financlal statements as a whole ore
free from mèterlal misstatement, whether due to fraud or error, and to Issue an audltor's report that
includes our opinion. Reasonable a55urance is a high level of assurance, but is not a guarantee that an audit
conducted in accordonce with ISA5 IUKI will alway5 detert a material misstatement when It exlsts.
Misstatements can arise from fraud or error and are considered material if, individually or In the a88regate,
they could reasonably be expected to influence the economic deci5i0ns of users taken on the basis of these
financial statements.
IrregularltSes, includlng fraud. are Instances of non-compliance with laws and regulations. The extent to
which our procedures are capable of detecting Irregularities, including fraud, is detailed below.
Page 13

BICKLEY PARK SCHOOL LIMITED
{IIMITED BY GUARANTEE)
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS
Extent to whith ¢he audit was consideied capable ol detectln8 Irre8ularltles, Includlng fiaud
The objectives of our audit, in respect to fraud, are.. to identify and assess the risks of material misstatement
of the financial statements due to fraud. to obtaln sufflclent approprlate audlt evldence re8ardin8 the
a55e55ed risks of materlal mlsstatement due to fraud. Ihrou8h de518nin8 and implementin8 appioprSate
responses; and to respond appropriately to fraud or Suspected fraud identified during the audit. However,
the prlmary responslblllty for the prevention and detection of fraud rests with both thoR charged with
governan￿ of the entity and its management.
Our approach was as follows..
We identified areo5 of laws and regulations that could reasonably be expected to have a material effect on
the flnanclal statements from our 8eneral sector experience, and throu8h dlscu551on wlth the 8o¥ernofS and
othei management las required by auditing standard51, and d15CUS5ed with the governors and other
management the pollcle5 and procedures regardlng compliance wlth laws and reBulations (see below).
We identified the followin8 areas as th05e most likely to have such an effect.. health and safety,. General Data
Protertion Regulation IGDPRI,. fraud,. bribery ènd corruptlon, school Inspections, keeplng chlldren safe in
educatlon (statutory guldencel, DBS checks, and employment law. Auditin8 Standards limit the requSred
audSt procedures to Identlfy non.compliance wlth these laws and regulatlons to enqulry of the governors and
other mJna8ement and InspectSon of fe8ulatory and le8al correspondence. If any. The Identifled artual or
suspected non-compllance wa5 not sufficlently slgnrficant to our audit to result In our response being
identified a5 a key audit matter.
We consldered the le8al and regulatory frameworks directly applicable to the financial statements reportlng
framework IFRS 102, the Companies Art 2006 and the Ch•rltles Art 20111 and the reltrvanl tax compllan¢e
regulations in the UK.
We considered the nature of the charltable compan(s operatlons, the control envlronment and financlal
peiformance.
We communicated Identlffied laws and re8ulatSons throughout our team and remalned alert to any
indications of non-compliance throughout the audlt.
We consideted the procedures and controls that the charitsble company has establlshed to address rlsk5
Identlfled, or that otherwlse prevent, deter and detert fraud,. and how senior mana8ement monitors those
pro8rammès and controls.
Based on this understandlng we deslgned our audit procedures to Identify non-compllance with such laws
and regulations. Where the risk was considered to be higher, we performed audit procedures to address
each Identified fraud rlsk. These procedures included: testing manual jouinals.. reviewlng the financial
statement disclosures and testing to supporting documentation,. performing analytical procedures; and
enqulrln8 of management, and were desi8rted to provide reasonable assurance that the financlal ststements
were free from fraud or error.
Owin8 to the inherent limitations of an audlt, there is an unavoidable risk that we may not have detected
some material misstatements in the financial statements. even though we have properly planned and
performed our audit in accordance with audltin8 Standards. For example. the fvrther removed non-
compliance with laws and regulations lirregularitiesl is from the events and tran5aclions reflected in the
financial statements. the less likely the inherently limited procedure5 required by auditing Standards would
identify it. The risk is a150 greater regarding iriegularitie5 occurring due to fraud rather than error. as fraud
Involves Intentional concealment, forgery, collu51on, omisslon or mlsrepresentation. We 3re not responsible
for preventlnB non-compliance and cannot be expected to detect non.cornpllance wlth all laws and
re8ulatlon5.
Page 14

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEEI
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS
Use of our report
This report Is made 501ely to the charitable company'5 members, as a body, in accordance wlth Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable
company's members those matters we are required to state to them in an auditors, report and for the no other
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to. anyone other than
the charitable Company and the charitable company's members, as a body. for our audit work, or for the oplnlons
we have formed.
Mark Cummlns FCCA (Senlor Statu
for and on behalf of TC Group
Statutory Audltor5
Offi¢e: Steynlng. West Sussex
ory AudStor)
Date;
ozs
Page 15

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL AcfiviTIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNn
FOR THE YEAR ENDEO 31 AUGUST 2024
Notes
Total
2024
Total
2023
INCOME FROM:
Other trading activities
Investments
Charitable actlvlties
Total income
82.518
30,392
5,378,824
5.491.734
65.899
8,976
5,500,802
5,575.677
EXPENDITURE ON:
Raisin8 funds
Charltable activities
Total expendlture
3,060
5,839.616
5.842.676
16,821
5,174,882
5,191.703
Net Incomellexpendlture)
13SO.9421
383,974
Fund balances brought fonward
8,603.898
8,219,924
Fund balances Carrled forward
8,252.956
8,603.898
All galns and 1055es for the year are re¢o8nlsed above. All of the school's activitles are classed as continuln8. The
Statement of Financial Activities also complies with the requirements for an income and expenditure account under
the Companies Act 2006.
All of the school's funds are unrestricted.
Page 16

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEE)
BALANCE SHEET
ASAT 31 AUGUST 2024
Company Number
00733991
Notes
2024
2023
FIXED ASSETS
Tangible fixed assets
Investments
li
19
7,714,219
725,000
8,439,219
7,248,266
725,000
7,973.266
CURRENT ASSErs
Debtors
Cash at bank and In hand
12
1,689,040
1,297,452
2,986.492
1,551.621
1,738,389
3.290,010
CURRENT LIABILITIES
Creditor5 due withln one year
13
12,902,696)
(2,659,378)
NET CURRENT ASSErs
83,796
630,632
TOTAL ASSETS LESS CURRENT LIABILITIES
8,523,015
8,603,898
LONG TERM LIABILITIES
Creditors due after one year
14
{270.059)
NET ASSErs
8,252,956
8.603,898
REPRESENTED BY:
Unrestricted general funds
8,252,956
8,603,898
8.252,956
8.603.898
The account5 were approved by the board and signed on their behalf bv..
M S Hansra (Chairman)
Date..
r/¢/s5-
Page 17

BICKLEY PARK SCHOOL LIMITED
(LIMITED 8Y GUARANTEE)
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2024
Notes
2024
2023
Cash flows from operatlng artlvltles:
Net 5ncome for the year
Adjuslments for:
Depreciation charges
Dividends, interest and rents from investments
L055 from sale of tan8lble fixed assets
Ilncreasel/decrease in debtor5
Increase/ldecrea5el in creditors
Net cash provlded by/(used In) operating artivities
1350,9421
383.974
li
58.905
130,3921
11,8371
1137,4191
513,377
21,794
18,9761
7,795
11.435.223)
1.196,936
51,692
166,300
Cash flows from Investln8 artlvltles:
Dividends. interest and rents from investments
Purchase of tangible fixed a55et5
Proceeds from Sale of fixed assets
Net cash provlded byllused In) Investln8 actlvltles
30,392
152S,4091
2,388
8,976
173.8371
li
1492,629)
{64,8611
Cash flows from Ilnanclng artlvltles:
Repayments of borrowing
Net cash provlded by/lused In) financlng artlvltles
{192,S671
1192.5671
Change In cash and cash equjvalents In the year
1440,9371
{91, 1281
Cash and cash equivalents at the beglnnlng of the year
1,738,389
1.829.517
Cash and cash equlvalenls at the end of the year
1,297,452
1,738.389
Analysls of cash and cash equlvalents
Cash at bank and in hand
Notice deposits (less than 30 days)
Notice deposits (more than 30 days)
Total cash and cash equlvalents
8,472
1,079,959
209,021
1.297,452
8,472
1.678,305
51,612
1,738.389
Page 18

BICKLEY PARK SCHOOL LIMITED
{LIMITEO BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
I STATUTORY INFORMATION
The charity is a charitable company. limited by guarantee, registered in England and Wales. The registered
office, company number and charity number are detailed in the Legal and Administrative Information.
2 ACCOUNTING POLICIES
2.1 Basls of preparatlon
The financial statements have been prepared under the Companles Act 21x16 and in accordance with the
Charltles. Statement of Recommended Practice ISORP {FRS1021) and Financial Reporting Standard 102.
The charitable company meets the definition of a public benefit entity under FRS102. Assets and liabilities
are initially reco8nised at cost or transaction value unless otherwise stated in the relevant accountin8 policy.
The financial statements are prepared In sterllng. whlch Is the functlonal currency of the charlty. Monetary
amounts In these financial statements are rounded to the nearest £.
After reviewing the charity'5 forecasts and projections, the 8overnors have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future. The charity
therefore continues to adopt the 80ing concern basis Sn preparin8 Its flnancial statements.
2.2 Income
Fees receivable and char8es for services, less any allowances, scholarships and bursaries 8ranted by the
school a8ain5t those fees are accounted for in the period In which the service Is provided. Where fees are
received for a future service period they are included in deferred income. including those fees received
under an advance fee payment scheme.
Investment income Is accounted for on an accruals basi5.
Oonations. legacies, grants and other voluntary income are accounted for as and when entitlement arises,
the amount can be reliably.measured and the economic benefit is considered probable.
Where a donor or an appeal has imposed restrictions the income is credited to a restrirted fund.
2.3 Expendliure
Expenditure is accounted for on an accruals basis with irrecoverable VAT included with the item to which It
relates.
Governance costs include those costs associated with meeting the constitutional and statutory requirement5
of the charity and include the audit fees and costs linked to the strateglc management of the charity.
All costs are allocated between expenditure categories and departments on a basis designed to refiect the
use of the resource. Costs relating to a particular activity are allocated directly.
Page 19

BICKLEY PARK SCHOOL LIMITED
{LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
2.4 Tanglble fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at C05t le55 depreciation. Depreciation is provided at
rates calculated to write off the cost less estimated residual value of each asset over Its expected useful life as
follow5:
Freehold land is not depreciated
Freehold buildin85
Freehold Imporvements
Fixtures, fittings and equlpment
Motor vehicles
Portable building5 over 7 years otherwise not depreclated
5% reducing balance
15% & 30% reducing balance
20% reducing balance
Depreciation is provlded on freehold properties based on the difference between book value and estimated
resldual value charged over the useful Ilfe of the properties. The Governors are of the opinlon that, having
regard to estimated residual values, based on prices prevailin8 at the dates of acquisition and the estimated
useful lives, any depreciation involved, whether annual or cumulative would not be material.
2.5 Leaslng and hlre purchase commltments
Rentals paid under operating leases are charsed agalnst Income on a straight line basis over the period of the
lease.
2.6 Penslons
Most teaching staff are members of the Teachers, Pension Scheme {TPSI, a defined beneflt scheme
adrninistered by the Teachers, Pension Agency. Contributions to the scheme are char8ed to the Statement of
Financial Actlvities as they fall due. The TPS is an unfunded scheme. Contributions on a 'pay as you go, basis
are credited to the exchequer under arrangements governed by the Superannuation Act 1972. Actuarial
valuations are carried out on a notional set of investments. Under the definitions set out in FRS 102 the TPS is
a multi-employer penslon scheme. The charity is unable to identify Its share of the underlyin8 {notlonall assets
and liabilities of the scheme. Accordingly, under FRS 102 the scheme 15 accounted for as if it were a defined
contribution scheme.
The charity also contributes to personal pension schemes for its non-teaching Staff and for teachers who have
opted out ofthe Teachers, Pension Scheme.
Page 20

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEEI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
2.7 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.8 Cash at bank and In hand
Cash at bank and In hand includes cash and short term highly liquid investments. The governors seek to use
short and medium term deposlts where possible to maximise the return on monies held at the bank and to
manage cash flow.
2.9 Credltors and provlslons
Creditor5 and provisions are recognised where the charity has a present obligation resultin8 from a past event
that w511 probably result in a transfer of funds to a third party and the amount due to settle the obligation can be
measured or estimated reliablv.
2.10 Fund accounting
Unrestricted funds comprise those funds which can be used in accordance with the charitable objects at the
discretion of the 8overnors.
3 TURNOVER
The turnover of the charity 15 wholly attributable to the oblects of the charity as stated in the Governors, Report
and is earned entirely within the UK,
4 NET INCOMEIEXPENDITURE
This Is stated after charging:
2024
2023
Operatlng lease payments
Depreciation
Auditors, remuneration - audit services
Auditors, remuneration - non-audit services
50,084
58,905
15,000
11,547
52,155
21,794
13,020
10,122
Pa8e 21

BICKLEY PARK SCHOOL LIMITED
(LIMITED BYGUARANTEEI
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
5 TAXATION
The charitable company Is registered a5 a charity and all of its income fa115 wlthln the exemption5 under Part 11
of the Corporation Tax Act 2010.
6 INCOME FROM OTHER TRADING AcfiviTIES
TOTAL
2024
TOTAL
2023
Rental income
82,518
65,899
7 INCOME FROM INVESTMENTS
TOTAL
2024
TOTAL
2023
8ank interest
30,392
8,976
INCOME FROM CHARITABLE AcnviTIES
TOTAL
2024
TOTAL
2023
Gross school fees
less bursaries and allowances
Net school fees
Add..
Re8lstratlon fees
Extras Income
8efore/after school care
Donations
5,514,594
1272,379
S,242,215
5,572,550
1265,081
5,307,469
8,600
219
107,924
19,866
5,378.824
7.310
31,075
86,139
68,809
5,500,802
Page 22

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 AUGLIST 2024
9 ANALYSIS OF EXPENDITURE
Staff
C0515
Depre¢lation
Other
C0515
Total
2024
Total
20Z3
Cost of ralslng funds:
Other tradlng actlvlties
Financing cost5
Total cost of r•lsln8 funds
3,662
13,159
16,821
3.060
3,060
3,060
3,060
Charltable expendlture
Education
Teachln8
Welfare
Premises
Support and governance
Total charltable expendlture
3,369.941
108,873
108.698
411,107
3,998,619
39,237
336,408
454.464
680,963
310,257
1,782,092
3,745,586
563.337
809,329
721,364
5,839,616
3,295,782
513,972
623,432
741,696
5,174,882
19,668
58,905
Total expendltur•
3,998,619
S8,905
1,785.IS2
5,842,676
5,191,703
An•lysls of support •nd IOV•rn•n￿ ¢ost$'.
2024
2023
Governance costs:
Auditors remuneration for audlt servlces
Total governance costs
15AIOO
15,000
13,020
13,020
Support costs:
AudStors' remuneratlon for non audlt servlces
Legal and professional fees relatin8 to SUPPOrt
Support staff wages, national Insurarsce and penslon
Other support costs
11,547
69,883
411,107
213,817
10,122
66,700
503,643
148.211
721,364
741,696
Page 23

BICKLEY PARK SCHOOL LIMITED
ILIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENT5
FOR THE YEAR ENDED 31 AUGUST 2024
10 STAFF COSTS
The average monthly number of employees durin8the year was:
2024
Number
2023
Number
Teaching
Welfare and premises
Administration
61
12
61
14
84
82
The a88re8ate payroll costs for the year were as follows..
2024
2023
Wages and salaries
Social security costs
Pension costs
3,202,488
311.941
484,189
3,998,619
2.996,893
292,419
408,016
3,697,328
None of the governors received any remuneration or other benefits from the school or any connected
body. No Governors12023- nil} had expenses reimbursed in the amounts detailed in the expenditure note
above.
Staff earnlng In excess of £60,000 per annum In the following bands are,.
2024
Number
2023
Number
£70.000 . £79,999
£80,000 £89.999
£90.000- £99,999
£IOO.OCN). £109.999
Of the employees whose emoluments exceed £60,000, 4 12023: 41 have retirement benefits accrulng
under defined benefits schemes. Contribution5 in the year for those employees amounted to £89,104
12023- £47,415).
The key managèment personnel of the school comprise the senior leadershlp team.
2024
1023
A88regate employee benefits of key management personnel
lincluding pension contributlonsl
549,456
422,542
The above costs for 2024 include settlement amounts to former employees. the terms of which are
confidential.
Page 24

BICKLEY PARK SCHOOL LIMITED
IUMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
11 TANGIBLE FIXED ASSETS
Freehold
Property
Flxtures &
Flttln8S
Motor
Vehlcle5
Total
Cost
At I September 2023
7,260,879
690,510
67,098
8,018,487
Additions
446,754
78,655
525,409
Dlsposals
110,299)
{10,299)
At 31 August 2024
7.707.633
769,165
56,799
8,533,597
Depreclatlon
At I September 2023
155,987
598,682
15,552
770,221
Charge for year
19,668
34,410
4,827
58,905
Disposals
19,7481
19,748)
At 31 Au8USt 2024
175.655
633,092
10,631
819,378
Net Book Value
At 31 August 2024
7,531,978
136,073
46.168
7,714,219
At 31 August 2023
7,104.892
91,828
51.546
7,248.266
Page 25

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
12 DEBTORS
2024
2023
Fee debtors
Prepayments and accrued income
1,314,395
374,645
1.689,040
1,419.229
132.392
1,551,621
13 CREDITORS: due wlthln one year
2024
2023
Trade creditors
Other creditors
Accruals
Fees In Advance
Advanced fee scheme (see note 151
Deposits
Other taxes and social securlty
205,726
143,288
163,533
1,552,101
144,999
556,238
136,811
2.902,696
189,505
71,858
41,456
1,663.540
616,172
76,847
2.659,378
Fees in advance represent fees received for the Autumn term 2024.
14 CREDITORS: due after one year
2024
2023
Advanced fee scheme (see note 15)
270,059
270,059
15 ADVANCED FEE SCHEME
2024
2023
Amounts due within one year
Amounts due over one year
144,999
270,059
415,058
Parent5 may enter into a contract to pay to the school tuition fee5 in advance. The money may be
returned subject to specific conditions upon the reciept of one terms notlce. Assuming pupils will
remain in the school, advances fees will be applied as above.
The balance above represents the accrued liability under contracts. The entire balance above was
received during the year ended 31 August 2024.
Pa8e 26

BICKLEY PARK SCHOOL LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
16 COMMITMENTS UNDER OPERATING LEASES AND CAPITAL COMMITMENTS
At 31 Au8USt 2024 the company had total commitments under non-cancellable operatin8 leases
payable as follows:
Land and Buildings
2024
2023
Other
2024
2023
Within one year
Between one and five years
83,000
54.700
249,000 332,000
332,000 386,700
39.844
30.908
70,752
53.S96
70,7S3
124,349
The school lease for the playing field ends In 2028.
17 PENSION COMMITMENTS
The School participates In the Teachers. Pension Scheme I'the TPS'I for Most of its teachin8 Staff. The
pension charge for the year Includes contributlons payable to the TPS of £417,44212023.' £305.1611 and at
the year end £50,61912023: £Nill was accrued in respect of contributions to this scheme.
The TPS is an unfunded multi-employer defined benefits pension scheme governed by The Teachers.
Pen51ons Regulations 2010 las amended) and The Teachers. Pension Scheme Re8ulations 2014 la5 amended).
Members contrlbute on a "pay as you 80" ba515 Wlth contributlon5 from members and the employer bein8
credited to the Exchequer. Retirement and other pension benefits are paid by public funds provided by
Parliament.
The employer contribution rate is set by the Secretary of State following scheme valuations undertaken by
the Government ActUary'5 Department. The most recent actuarial valuation of the TPS was prepared as at 31
March 2020 and the Valuation Report was published In October 2023.
Following the Mtcloud judgement, the remedy proposed that when benefits become payable, eligible
members can select to receive them from either the reformed or legacy schemes for the perlod l April 2015
to 31 March 2022. The actuaries have assumed that members are likely to choose the option that provides
them with the 8reater benefits, and in preparing the 2020 valuation has valued the 'greater value. benefits
for groups of relevant members.
The employer contribution rate for the TPS is 28.6%. and employers are also required to pay a scheme
administration levy of 0.08% givin8 a total employer contribution rate of 28.68%.
The school also contributes to defined contribution schemes on behalf of non teachin8 Staff and some
teaching staff (who have opted out of the Teachers, Pension Scheme). Employer contributions payable to
these Schemes were £68,84712023.' £102,855) and at the year end £9,7S6 {2023.' £8,283) was accrued in
respect of contributions due to these schemes.
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BICKLEY PARK SCHOOL LIMITED
(UMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST2024
18 SHARE CAPITAL AND coNfROL
The school is limited by guarantee and does not have a share capital. In the event of a winding up each member
8uarantee5 to contribute an amount of no more than £1. The board of 8overnors control the school.
19 INVESTMENTS
2024
2023
At the beglnnlng of year and end of year
725,000
725,(M)O
The above relates to a freehold property owned by the school, which is let at a commercial rate. The Governors
estimated its market value at the year end was not materially different from the previous year.
20 RELATED PARTIES
There were no related party transactions during the year12023'. None).
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