REGi¥fERED colPANy NUMBER: 00624273 (England and Wales) REGISTERED CHARYfY NUMBER.. 307937 RftT0F ThE GOVERNORS AN FINANCW STATEklEKfs FOR THÉYEAR ENDED 31 AUGUST2025 FOR BEfHANY5CNOOL
BETHANY SCHOOL C014TÉNTS OF THE FINA14CiALSTA1EMENYS FOR THE YEAR ENDED 31 AUGUST 2025 P¥ge Roportoftht Gov•rno 1 to 8 Reportoltho Indgpnd8rt Auditors statsmentot FlnanciHI A¢ffvlti85 9 t¢ 11 12 Bal8Tr Sheet 13 eA$h Flow Statem•nt 14 Nots8 to thè Cash Flow Statement 1£ Nots8 to th¥ Flnanelal Stat8m•nts 16 to 28
BETHANYSCHOOL REPORTOF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2025 Th? govemgrs who are dlre¢tors ¢1 the charity forthe purpp3e$ of the compan kt 20CE, preserrt Iheir reportwrfh the financEal statements of the charity for the year ended 31 August 20X. The governors have Sdoptsd the provision$ of Accounting and Reporbng by Charities.. Ststement of Recommènded Practice applicablpj b ¢haribes pParing thwrao))unts ift a¢c4)r(lance Wrfh the Financial Repoitng Standard appficabJ8 In the UK and Republrc of Ireland IFRS 1021 leffective 1 January 20191. STRATEGIC REPORT STRUCTURE, GOVEIINANfE ANLI AIANAGEMENT Govèrning document The charfty 18 r¥JntrolW by its governing dwum8ThL a d8éd ol trurt and ¢$bbS a knit•d ¢pany. limited ty gr3fttee, a5 defined by the ccpanEsAct2oo6. REFERENCEAND ADPIINISTRATNe DETAILS Regl¥tsred Company number CbJ624273 (England W8lesl R¥9iStortd Charfty n¥mbgr 307937 Re9iStered olHce Curtisden Green Goudhurst CRANBROOK Kent TN17 1LB The GovèrnLry who are also the Dir8ctor8 forthe purpo¥e of company faw.Twho serypd durfng th¢ Yr. J M Fenn LLB A Cunningham K Buddand FCA R C C18rk BA MD iedl N P rnber BSC FCA L Rob•rts Connell D Shaw G Power Ascott M Kellett P Bateman J Hobson M Duncombe A Shartey S 14*vkes A McKnlght - Chairman -VIGe Ch3irman -Treasur8r - resigned 31108125 - rèsiqned 16111124 - resgned 22111r25 - re8ned 15103r25 resvJn8d 22111r25 - appointed 18111124 - appointed 15101125 - appointed 1dn6125 - appointed 14106r25 - appointed 141Q6125 - appolnted 14106125 He•dm•strr F H8aTy Bsc HDipEd NPQH Bursarand compohy Se¢relary C Morey BA IHonslACA Pagè 1
BEfHANY SCHOOL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2026 REFERENCE ANDADMINISNTIVE DETAILS Auditors TG Group Statulory Audit¢rs The Courtyard, Shoreham Road Upper Bè8dir#J stsyning WeslSuss•x BN44 3TN Soli¢ltorn Law LLP 16 South Park S8venoiks Kent TN13 1AN Bankers Nationpl SIMin$tr Èank 2th1 Fbor 3 High Str88t Maidstone Kent ME14 1HJ STRUCTURE, GOVERNANCE ANO MANAGEMENT None of the Governors has any ben8fiaal int•rest in the xffjpany. All the Governots Are mernbBrs of compary and 9uaranl88 to contrib¥i8 £1 in th8 avent Of a winding up. Th• Board of G0mor5 m¢81 once per tem. with addthnal meetings required. Tre main Sub Cwnmittee of the Gtrvemor4 is Ihe Executive Committee. Wh wa5 fonred followin9 an AGBIS rèvwj of Governan and repla the Mana9emènt Committee. The Exe¢ub"ve Cornrnittse meets once a month to dkSCUSS thè day to day ma118rs contsrn8d the runnin9 of Sthool. Majoi item$ are pa55ed lo the MftiTr Board for disa510ft, with the Exacutive Committèe 6 rècomrnendations. Currenty J Fenn (Chaimanl, A Cunningh8m (WIEP Chair), R ClarK K BuLtsTrJ. N rntr and P Batan I cn thi CLmIlIe$. ¢loNJ with the Headmaster 8rtd Buw¢. other pom)8nant Sub Cammltt88$ a the Education Committee, th8 Mathoting c<mIttee. ICT Committee and E?tste$ omMite. Th8 day to day Nnning olth¢ School d&legatsd t¢ th¢ SgnKir manent T•am, the membets 0fwhh are.. Hoadrna$tsr, Deputy Hpad IPastorall. tknputy Hoad IAcademKI. 8urs8r aNJ Dir8Ctor of HR. Th• Headmastsr an¢ Bursar attend Govemors and ExBculive Comrnittee ms8tings. All the senicrmandgement team atsnds ev2ry full board meeting. RECRumENT. INDUCMON AND TRAININGOF GOVERNORS. Appointment rtvappolntrnent ofGov¢mors The ArbGb$ of Asswation all lor there to be bets¥ttn seven •ffld Wty appoinl¢d G¢vemors. Thgr ore CilTTently len govemors on ttie Board. G0mOr$ are awointsd by the exiting 8oard members in first insnca aTra Ihen formalty tWed at the ne¥tAGM. One-third of the Gov¥mors are re-Blected each year. P*9¢ 2
BEtHANY SCHOOL REPORTOFTHE GOVERNORS FQR THE YEAR ENDED 31 AUGUST 2025 RECRUtfMENT. INDUCTION AND TrAJNING OF GOVERNORS- ntinUed Tralnlng During the yegr, the GOrnorS trained in 5afeguardin9, 1Ing & H8ra5Srn8nl and cyèer8euJrFty and have und8rtaken Dnlir training usiThJ various Educare Urse5. Al GoOr$ are made aware Of othw briefing d0Mlts provid8d ty AGBIS. ISBA and otherrecognlsed bcdk8S. SENIOR MANAG&YENTPAY PQU¢Y In line with pay for 811 staff, the Senior Management pay R8 determined by the Governor5. In derAdin9 ve1 of Temuneration, the Committe8 t2k8 into account amorvJst other thing8. the oJrTent market demand frjr teachers. the finanual $trervJth Of the SLool, the enOMiC ouyook, the perfomance of th¥ ravaNt indwidu8Ls, and Lhè going rat# for remuneration. of 8entor management in thè loca1 independent school markeL 0Ètsrf5 Qt kEy m&na9ement P¢lsDnnel pay arÈ Sho% in note 10 ofthe ?oUnts. EMPLOYMENT POLICY The School * an equal ¢pportunities employer. Full 8ftd tsir ¢onsTd8rati?n 1$ gwen b) job appficabons from dsabled persons and due consider8tEon Is gNen to their IMnin9 and employThent eeds. Consuttation wlh Èrnployee5 has ¢xJnbnued at all leve15 the aim of tsknng Iheir ewS into acuunt Ythen deci4Kins are made th31 are likely to affect their interests. A full $taff $vNey of theirwews is ¢onduL#ed annualty and points raised am dis¢u5S8d and whjrè p¢sSIb actrtined. CHARITABLE 0EcT$ The objecis of thè S¢ho¢l as set aLrt in tho Arbdds of Ass¢iation am tD advsnea the Uell of bJys 8nd by lh• proVlon of a sthool cr8choob based on 8 strong Chrisban foundation and tolerant of other faEths. Th8 Governors regard the refemnce to bleration of othÈrf3ith5 35 ifKluding toleration of no faiths. They a150 regard the referenGe to boys and girts a5 extending lo all chiklren, however they themsefv8s. In setbng the School's obiectives Governors hav8 gNen refvl n$oratiOn to the Charity Commussion's general guilanc• on publi¢ bat A]MS ANO OBJECTIVES Th• S¢*ool provrdes uCatI)n tv ¢hildrnn and ig cc<nMrt to provxling young people with an edIation lrfe in chANJing w¢rfd. It &8 our polKy for the School to hetp puplls achiev8 their highest academK potenbal 88 wall as providing an oxtra-ojrrieular programrne which aims to d8v8lop lrfe-long intsrests and to he build s8ff-confidence and 8 desire to contribute tD the ¢ommunty. The School aims to play ils part in the widèreommunity indudiffj MaA9 fouiiaès availabl• ts sèkcted outsida bodhps, whe possib Bnd subject to any pknning con5trawts. The School alms ta ge means4e8ted financaal assrydtaneè to Ihè parents of Scffje pupi18 who mtght othwwise find the full f88 ng factor to sending lTchIldrEn to the School. ThÈ Sthod almsto feLatbnshtDswlh 8dLtcotional eslablishmants In Ihe maIntaad S8Ctor. Whilst the phy51ol developmfrnt ol the School 1$ wukted by the pknning authorfb?$, the School 6 ctsn$dou$ OF its imFe ort the l¢ol eommuttlty and rSaInS sympatsi¢ te any relan1 points mad8 by th8m. PRINCIPALACTMTIES OFThE YEAR A$ 8k8èJy statsd, the Sthwl a(fvance5 the educalim of chodrpn by the PDv&SJn of ? sthoot based up¢n s styory Chti8n fOUalb)n and tolerantof oth•rfaith& P89e 3
BThANY SCHOOL REPORT OF THE GOVERNORS FOR ThEYEAR ENDED 31 AUGUST 2025 ACHIEVEMEp¥fs AND PERFORMANCE In the 2024-25 sth¢ol year ther8 were an average of 346 pup in the scho 2023-24 Ihwe were 3WJI of whom 44 were boardek% lin 2023 theto wgre 621. Bo8iding pupiL5 are primarity British, allhough a Durnber frrm ovw5eas Countries Ihe$ewere Lqrgely from EuioFe, AJrt¢a and the Far E85t. It ts claai that Ihe 5thwfs prtsroh.on of wellbaina and h&Pps$ 5knke5 a Chord wth pr05pe¢b"Ye parents, coupled with th• la$t1$1 in5pectson Trsull in April 2023 Whe the schgol was rated as Ex¢elnt in both academ 8nd ¢ther #ehievernents as well a5 pupils, personal d8velopmeDL The %vhD19 Bethany communty vlas immensely proud ol these o¢hiav8ments. As o result, Yéar 7 intak6 has b¢èn strong eompored to other ¢ompelitorschoo15 agn$t a chalewing climaté for all Independent Schcol5. Th8 r8ti0 of boys to glrls mainS at 2..1. We re lonc8 8gainl deWJhted witr thk% yearfs GCS& and A Level re$u1ts whl tsrrifiG and compared very well io natianal resutt% Gra¢Je5 at both A Le¥61 and GCSE were well above national norn. despite an abifity profik al GCSE in line wilh the national av¢rag8 and that alA level below. In fact 41% A'IA grades atA levol en$ure that Bethany was in the top IQO boarding and day 5cbool$ nation8lly which was a fabulous a¢hvwnent. A8 usual all of the pupils whc wished 10 90 to uDiYersty gained entsy to th8ir prelerrJ pL4ces of study. Given the breadth of CUrr1M that offer al A Level. we were 8rty d#lohted that our creafjve and atbstic pupils wer• On again oblo to pursue their talents in their¢hosen dèsdnatiOTr5. One more, our GCSE and A level pupils were InL¥edibty well 5UPPDrted by our dedwted stall and ako w0ed extsnely hard in tandem wth th8 pupils, whi¢h nabled such great $uccesses to be obtainad. Bethany has Intsntion311y kept its ran9e of G¢$ 8nd A Lev8L8v¢I 3 Sutr4ts bmd, $0 Ihat w¢ can meet the n$ of our creative and artistic pupls. W& wore pSed that we were 8bl8 to hold our 8nnual charity walk in September, With pupil$ raisirwJ a grand toial of £6.152 hrcharities ncArifb8ted by each year gmup, W¢ host ouran•ual sports Hft¢rnoon same month. We had ourfuslopen Moming ofthe yearin Septamber whlch was very weK attared 85w¢re the oth8Tth. Many of the 5Ghi)018vents took plqc Ihls y¢•r. br examp the Friends of Bethany School lour own busy parants. as%ocialonl orgarLis2d 8 mo$t $u¢cessful dlsco for pupi In Years T to g in tha Assembty Hal In Nov&rnber aNI a Quiz nt in October, as well 85 SUPPtsrtlng thè many school events5upptyiftg drinks and 5na¢ksforth8 attond¢e8. Both the ch¥$ Concert Christrnas Caiol SgrYi¢e Vell attafided. E•ch of tyjr 7 ya8r 4roLps had 8chool-based celebratory Chrfslrnas Pa¢$ b8fDre lh& eTrJ ofterm. The Duke of Edinbuwh Awafd S¢hem8 conbnued apa with conts.nued high numbers of pupil$ tsn9 part al &onza, Silv¢r and Gokl award levels. The G¢rttso1 Christian ethtss of the school was maintained all of aur pupil$ attending wekls thapel 5ervw$. Th8 professional development ol stafl eonlnues, wilh lurfher shariw of expe$9 in t8mB of IT and Microsoft Team$, as well as the inimducbon of teachw5 VTd80ing them58fve5 in lessons th8t ibey practi• couw be constructively 8naty$ed by both themselves and colle4gu65. 11 15 a continued des at Beth8ny to conwnually irnprave and evaluak teaching artd kaining as thi% mm&S&S thè pupi, baming 8xpgrlÈnces at P¢lhany. Sport continues to be an important part of $chool Me Dot onty ueabng shared p855i0ns but 8L%o actively promoting team buiksiw $IL. Mor8 than everw¢ are ueahng spoking opportynities. in¢4uding mat¢ho$. coathed by eNperts in their chosen sport. lor as many pupils 8$ posgtrA8. Results Bre improving a$ Bethany grov4s its name in th? school 5POrtarena. As 8waYS many axcelleot trips look place auoss th8 year ranging frpm geography fiethorf( to Maths challenges to Iri)5 to Ih8atre$ fgr English. Media. RS 8n4 Dance * w911 as a swSm tour to Gree£e. a first for BethaTry. EnChMeI week including trips to Wabr, Port Lympn8, StAndrews lak¢, PSgebury and ThNpe Parkamongstthe highlights. Once again Bethany has ratsinld its Micr050fi Showwe status.. reman omDngst i $m811 number of sehooLs ¥h) h been 3ucce5sfv1 In the appfication. Projett Ba$¢d Leamiry h85 now been •mbW&J into t Kay Stage Three Gurriwlum. In propcts, pupils foeu$ on the development of bèamirwJ ski515 raiher than knowledge. $0 thal they understand why the kn¢edge they are Laming Is requir8d in r•01 Irf? siluab"ons. Our Year 8s c¥rrled out a project to ths*Jn and cost a won for a refurbEhfflent of Phoebe's garden. Drrunemorating a past ieacher of the school. The judgin9 PBnel was pleasaDUy surprised by the r/88tiYty and thDUghtfulne¥s of the pupik. The nnIng leam are seeing theirpLgn$ )me to frurtion 500n. Page 4
REPORTOFTHE GOVERNORS FOR ThE YEAR ÈNDED 31 AUGUST 2025 ACHIE4ElaS AND pERFNcE- conlnuod erseas puplls enjoy $upport with karrmng Engltsh 0$ an Addition41 Ler¥4Uage IEALI to enthe them to engage in our varfed and fvll curriculum. A huge nurnb8r of tsknt8d pupiL8 took to th8 stag8, fcr Ih? first In our superfo Performlr#J Art Centre, which we proudty opened in Octob8r 2024 and we were gratsfvl to Hannah Lovther hersdf s West End star who presbjed over the offioal opening. Thè new theatr8 wèkomed donots overthre¢ nvJhLs with the 8udN?nce enjoying song, dance and musie from a wid range of pupiL5. Later in the year the pu15 pented their PreSenb"On of Shop Of Horrors. Ihe stage grad with a huge green, talkfjrvj, pupilating trith and magnificenly a¢kd and $ung by all the $( Truly brilllant to ¥ee in the new theatre allwn9 our t•knt6d puphs t• sh¢w off thair skljs to thgir best Our thanks g¢ to all th+ who donated to tha fvfyJralsin9 app? and the teamswho came tO9ether to getthe buxtd fintshed and vhthin bud9et Well done all. Above all Belhany'$ MMunity knows how to have fun and h1JNJhts f)r the year Invow unnarn dressed as Babn2n and Robln, musical showegses amidst lots of smiling laS, fantastic high klcks and from daft workshops, our brand now foolb811 excalnce p8thway. linking wth Maidstona unit for our morg tslentsd players, colour run5 for dw•tsity waek. Bak• off thalknges and trips to Chassuigion Worfd ofAd¥ntrJr•s and Th0• Pa te namo but a few. Thwe is nevera dull week at 8etharry. FINAIICiAL REVIEW Th8 Sthwl prinipally rai%8$ its fvnts from fe85 and rdatsd activiti8s and ha% not 8Jaed in appeals for many yèars unll r8c8nlly hr th& new Pengdly rf0M7anC6 Centr2 IPerfonTring Art Centrel. Up unts"I now developments havg Sith•r b••n nsnced from Surpluses after ordinary expenditure, or by bOrrIng under skncl rules fo ensure that even in the facé of a $1gnfficsnt national finanal 1$% leadifg to a dtrwntum in pupil numbets. the boffowng Ul¢ be repafd. Thè Sethool generstsd total incomè of £8.81 million duriw the yeor 12024.. £8.76 millbnl. Of È7.90 mllFon was 9enerale<l from xhool fee$12024." £6.56 million). E%peTraJ totslled £8.95 mdlion I2024= £. rnillionl gave a def forth8 year of £134k12024.. defiat of £173kl. Before depreciation the surpius v$ £375k12024.. £358kl. Total funds at 31 Augwt 20 warè £16.16 million12024.. £16.30 fflillionl, of whith £151k We in the desi9nabJ and re8trt¢tsd funds (2024". £1.55 mlllionl. 2024-25 bJmed out to ie a mlkstone year not anty for BÈth8ny but all ind8P8ndent sthwls in Engl8nd and Wales. A new SDvernrnent took the unprecedented step Cf impoyng VAT on 5thod fees fram 131 Jamary 202S. K thts was not enough disrupb.on th? b)ss of busine rate relief from April 2025 0)upkd with increasos in National Lwing Wage and employerf5 Nation81 Insurance Saw signfficant negativB irnpad to the $¢ho¢15 finan¢¢s. As a $chool $ubstsnti01 pr¢pety we were disproportionately d15advaniaged and whlst the vast majorfty ol our pupils $t•yed with us often 0$ a resurt of parents tying I thty ttjuld t¢ keep th&ir ¢hikYren at the sthool undoubtedly this had an impact on fvlure pupil rewitment The Sènior Management team and all staff are W0rg hard lo re¢Tuit more pupiL% to our 8¢haol. Baknang parental affordability with increased costs h88 not been straTght forward and as a r8suIt the govemors of th8 school decided to dtsUrtt fee$ frm IAt Jan 2025 by 10% Ihus r85trfcting the % Increa58 in fEe5 to 8% p05t-VAT. Result5 for202425 refied tt)is disty)untich was 8ffactivety fiJnded frorn roserye$. Boarding pupil numbers ujntinue to be 8tr81ned again govemment decisions not only from added VAT but aLso IrDm strder va proce$585 and increased cts makè Ih8 UK less affordab other dapar 8¢hgob in ¢ther ¢ountrie5. A UKsthool aducation hss ahvays b88n well TEgard&J butwhpn the Eost lo rnme and stydy in the UK rise &xc4ssMety parents 4T8 looknng &h•r lor<eap¢r option$. Reser Pollcy The School hokls tolal unrestricted reserves of £16.01 million (2024.. £14.75 rnillwl, *thi¢h indude tsngibb rd assats of £18.73 million 12CQ4.' £18A4 millionl and lart94eM bank roans of £2.85m (2024: £2.14rn1. FL¥ed 855ets InGde r¢5idenUal op•rti•s and. li be necessary to ¢all these, the hou88s could be SO 1ThdwUaIty wthout detrfment to the Schoofs 0ratn& Th& Govern¢rs havg agA8d kl Mairbta tsrn'8 woth ofW0ln9 capital WhErerPOsSkn. Pag8 S
BEThANY SCHOOL RepoRT OF7HE GOVERNORS FOR ThE YEAR ENDED 31 AUGUST 2026 Investsn•nt Poww& Pollcy and P8rfomiJnee. Th& ArThths ol A850ciation gwe Ih8 School wide inv8Stmert power5. The S¢ho¢fs investments in qwJt¢d share5 whK fO@d part of the Chrisiopher Jack5ory Fund were di5ppsed of in the year end 31 Augugt 2024 hdp fvnd the devebpment ofthe P¢rf¢miing Arts C¢ntrg. Nots 15 provths detail ol investrnent movemts duriry Iheyear. BuTS4ry Pollcy Th year the s awarded $¢holarshlps. bUreas and dI$unts of £B58k 12024.. £871kl which representad 10.1% of gross fep in¢wn8 12024.. 9.5%). In addit. Ihe School provided 5trne hard9hip fvnding for those pupfls arn pakj for in full as part of an hurnanitarian Treèd. Governo. ptslisy, in lina with thal of most other ind8peDdènl sthools, is to award S¢holarships based on abilwi and buwsariej bas•d on need. Al Bur58r$ are m8ans tested on applrAtion by an external E55e5$ment compaw. As¥¢tOr101 fvnds Note 24 sets out W 8naly$i$ of 858 a$sets attributab18 to th8 variou5 fvnds arvj a destripb.on of the tru$ts. a$8als are sufficièrstto rneet the Schoof5 obllgalions ort a lund by fvnd ba5kS. RJ$k Manag•nwn Th? Govem¢T5 Are rgsponslble for the management ol the risks tsced by the Sthool. Risks 8r8 enliti¢d, 85$8$8ed ond cenlrol$ e$t2blished throughout the year. Thtr Board rewim Iha fiJll Risk Asgessmeni annualty in M4r¢h, and Risk ' staDding118m on agenda for other Bo?rd Meeting5 and all Executr"v8 C¢mmot8e rneeting$. The (knvemors considerthe major polenlhil rks to Ihe School to b8.. ChaIn91n9 econom and political environments, including the kntroduction of VAT orb privats tuits"on, •dYtrs8ly 8ffecbng pupil numbers, inflationary irnpacts and fee le¥el$. Loan finanang challenges. Impact of finan¢ia1 Chalkn9 on pupil rec4uilment and rei&ntion. Inftationary pr?UreS on certain costs. Competition from both independentand state 5chooL4 for pupils En$urfng Safe-guarding and Inspection in an in¢rea%ngty rEgulatsd 8nvwonmenL Affordability of site develwments and improvements. The key rA)ntro15 Used by the S¢hool io mibgate rBks indude.. Stra¢egP1annlftg and sttnario 5ethng. Qomprshensive Strateg planning, budgeting management8Unting. Fornal agenda fDr C(witl8e and Board actswties. Detailed Tetrn5 Df r8ferenc&for all Committee5. E$tsbll8h8d or5anLsational structure and liftes of repothg. Fomal wiitten PDIi¢A¢s car aulh¢ri$ati¢n and approval le¥&ls. Safer rècguiknent as requi by I for the prote¢ts"on olthe vulnèrable. Stafftpinin9. Chiw Protaction and safeguarding. Rc&ust balance 8h8et a55et rith. Through th¢ rtsk managwnenl prorsÈes established by Ihe School. Ihe GovemoB a 8atssfi8d that Ihe major ri5k5 1dontiffl hav8 been 8d•quaw mitigated whère n&ss8ry. It is ¢anised that the system5 ean ¢nty prode reanabl? but ntsi absoluts 8ssuranca that malc* risks have be&n adequatety managed. Page 6
BEfHANY SCHOOL REPORTOF ThE GOVERNORS FOR THE YEAR ENOED 31 AUGUST 2025 COIIMUNrrY UNKSAND THE PUBL BENEFrr The s¢hool conlnu•J to Improve its links with the local communty. t1 Frfday afternoon enrlchmÈnt program ¢n6Lwed that the D¥ke ot EdinbL4fgh Award Schem¢ pupib asststed th• Tocal community Sn a range of services. A varty of ePtartbes benefftted from fvndrasing aclfvibes of Bethany pupils dunno Ihe year. Th$e induded.. Marden Foodbank. Oddballs. Shettw. Ptsrthlight and the Sam¥ritan$. Thè Charity Walks $upp¢rted canrres88rch, 8rain Tumour Chaffity, Cy5bc Fibrosis TSt and the Trnffjk. Al charittes were thosen by ourpupils. Some of th• ¢hathabk induded a bake off, wèar sornethlng purplg, treadmill challenge. cake sath for diversity wéak and the icy coby te buttket thallenge whth ra1 funds in increasing value te ensurè thè Headmasterwas the Past of ? IDng 5t of prefects anoj senlorstaff to 98tw•t8nd I))1 We WO denghtsd that our annual summer scthoob retum•d in Ju¥ August. We cantinuE to offer the us& of School f8althes lor many ItKal sthoofs and communlty dubs both during the day and in the evening$. Our pupiLs $upport10¢81 state rimary schoo. the 8ig Cat S)nGbJary and the Marden Fcodbank as part of enrfchment program. In addthon our sr lan? pod hosts much swmmiro $son$for 1x81 pthmary schoob. The sthool offered 10.1 % ol its fe8 Incorr Scholarshy, Bursarie$ and F•es wb8kles. 62 PupiL5 reC8d Means Tostsd BU$ rnngirrfj from 10% awarded to a fv1111>J% fpr our pupiLry frorn w8r tom untrie5. Pupll$ recewed a Sibling Discount110%1. Pupils recaived SehoEarnhips - Atadem4 Art Dan¢g, trama, Musi< Drama Sport and Tethnology which ranged from 1(20% offees. Pupll rec8wed se or Cy bur8ary110%1. 57 On• t•acherand on& governcy a¢ia5 swrn0 lorlocal primary ¥thool$. DEVELOPMENT AhD FUTURE PLANS Fo]knThg the granting of planina pgrmissJn for lh2 PeNY Performance Centre IPPCI in Juty 220. 8 fiJndr8BirKJ appeal. which w8s s&t up in January 2021. had an initial JndTrBing talt ot 28TrJ,O(M). has b•en suwass8d and rdu%ing over £1 nlliDn to help fijnd th8 constructign Lrf th? PPC. ConsffiJ¢tiDn i5 Gomplete 8nd the PengÈUy Pertomanlx Cnt opened s8p1am12O24. ua1nknanwaS G3rri2d out ic existing buildings. and thi% butw not lurit•d te'.- Refurbishmentofthe Mountboarrjirtg housE balhroorTr5, a remodel irahI8 and d8ratIon throu9houL Ongoing reiShment oflhe variou$ wtyJentiil pr¢perb•$ New b¢lkrs in various are85 of the site Rapair and reftgwal olmany door5 and wndry•J Much needed roof repaws. LED Iv4htin9 4nLf a indoor and outdrb)r pLqy equipThnl kindly donated by the Friends Bethany SGhoof. New minibus kased affKI on• tI)nd hand purthased. We wplcome Mr P8uI Jon88 to Bethany a$ our new Headmsttr upon the retirement of ow existing Headmasier of 16 ypats, Mr Frand& Hèaty. Paul wli I take up his post offloalty in September 2026 and 15 8lre8ty meeting stsff, parents, pupil$ and prospectiv8 ptspib at varK)u5 5chuol events until he tskes up hra new REPORTABLE INCIDENTS Dur*ig the Year1ra hav¢ no irridentswhich requir&1 notiffcatien toth• Charity COMM10. Pagè 7
BEfiiANYSCHOOL REPORT OF THE GOVERNORS FOR THE YEAR ENDED 31 AUGUST 2025 STATEMENTOF GOVERNORS. RESPON5181LTllES Th8 govemors l%vho ar8 also tre diredors of B01hany School fer the purposes of company lawl are responsible for preparing the Report ofth8 G)vernor8 and the finar•ial $thmeni3 in wth appl¢able law and United ngdUM AcoJunDrtg St8ndarfs Iurriied rjd0rn Gentraly AccEPta Aat.g Pracbrol. Company14w require5 Ihe govèrnors to piépare financial ststern•nl$ for each fvantsal year. Unoef that lavi, Ihe go¥emo haveelpctèj to ppare the finan¢ial Stxtements in accordance with United Kingdorn GenallY Accepted Accounting Pr8cbco IUnit•d rjd0rn A¢o)unbng StaNlards anL1 applieablg K9wI. Under company law Ih8 godernor5 must ftot approve the financKal $tstemenlS unless they are saiistsd that thgy gNe a tn and fair view of the slats ol affairs of the Charitab eompany and of tho incorning re54urces and application of resources, including the ine and expenditure. of th? charitsL company for that pericd, In prepallll9 thos• finanaal 5¢atsments. the govemors are reqvired to 8dect $ui18bk wAuntsng poltlss and Ih•n them cDn8ist•nity'. observe the rn•th¢d$ and PrinG1pS in the Charities SORP., rn8kejudg6ments and esbmatss that are reasonab and pNdenL prepar8 tho fin8nual 5121em8nts Oll the g¢in9 wnc•rn basls unkn$s it 15 inappropriate to presum? that the charitab ¢omparty will ccffitinue In bu8ine5S. The govèmors 8re p051b18 for ke8plng proper accounting records which di5d¢8e with reasonable accuw at any time the finan(4al poslbon of the rhanlabfe company and to enable them to en$ure that the finanryal statements ccThply vlth th• Ccmpanies Ara 2L. They are ako responsib* fDrsafeguarding the assets of the charitable MpanY and h•¢Ke for taking rèasonabl• steps forthe provgntion and detsclion of fraud oth&r irregularities. In $0 fara5 th2 govemors are aware.. there 1$ no rekgvallt tud&t inforynation ofwhith the charitabk company'8 audilors ore unaware." and the govèmors hay? taken 8115teps that they oughl to have taken to mak8 thSelveS awara of any renI audrt infomation and to establish Uwi th¢ auditots aF8 8war¢ of that infgmation AUDtTORS The auditors, TC Group, wil b8 pr¢pos forie-appointsnenl at the forthwffling Annual General M•ebrg. ovemors, irtcorporaling 8 slrth9i¢ rnpo¢ approvad by ordar of thE board of governors, as the c£mpany .1(..l8<.q..2Kllnd signed Qn the board'5 behaff by.. Report of ihe director8. on.. nn. rnor Page 8
REPORT OF THE INDEPENDENT AUDOR8 TO THE MEIIBERS OF BETHANYSCHOOL Oplnlon We ha 8udrted the finanthal statornents of Bthany Stool Ithe'Laritabfe cwpanf) for the year ended 31 August 2025 whth ¢omprw the Ststement of Financial kntswtiES, the Balan th8 Cash Fkw Slatementand notes ta the finano81 ststents, indudlrvJ a Summary of SnnrAnt a¢Uting polKx The finar reporting frarneWa that h35 been appld In thelr preparation is 8ppk8bl8 law and United Kingdorn A)rt9 Stsndartl$ IUnlt¢d lfjn9Llom Gen•alty Acrnptsd Artounting Practicè). In ouropinTon. theneIal statement&" sNe a Irue and farNiew of the state of the tharflable companls affair5 88 at 31 August 25 and of its ine¢ming mour and application gf resources for the yearthen ?nded.. - havg been properly prepared in 8CLYJanC8 with UnitJd lfjngdom Generally AcLeptsd AGuntij Practice: and - ha been prepared in 8ccord8nc6 with th8 rEquirernents of the Ccrfnpanies ALt2006. Bas55 for opinlon We ¢Dnducted our #udit In accordance wtlh Intem8tbon8t Standards on Auditing (UK) IISAS (UK)) and 3ppNCab law. Our responsffoiltss und&T those s&nd8$ a futher desrrribed in the Audittirs, respo11¢eS for th8 audit cf th• finanual statemenls section of our report We are u)dependent of th8 tharitable company in accordance wth the ethic requirem8nts that are relnt to our 8utfrt of the flnancial staternènts in th8 UK, indudlng Ihe FRC'S Ethical Stsndard, end we have fulfflled our¢ther eth11 responsibile5 in 8cCordar with these rEquiremts. belkve that Ihe audit gVhl•ne• wa have obtained Is SLffictent and appropriats to yovrdé a basks fr)r our opInn. Concluslons relating to golng concem l# alItiNg the fift•ndal $tstam8nts, we have conduded that thè 9Dvomors' ¢f the golrrfJ concern basks of a¢¢truhfjn9 the preparation ofthe finanThal skments is approprfak. Based on th• work we h8v8 p•rfomed. we have not identifi any material untrrtBinties latirt9 to ¥ents or coThJitions Iha¢ IndidallY or1cle. may £2$t signffjK2nt doubt on the eharitab company$ abilty to continue as a going o)ncem fDr a pariod of 8t astvee morths from when IhB finandal staternents are authori50d for k%sue. Our OnsIbIl$ and the resp0ns5b1baS of the gov•mors wth respe¢t to going corK8rn are descrited in the rdevant se¢tiorK8 of this report Oth¢rlnf¢+rmattoTh The 9overnors arg r85pon¥ibL• for th¢ other inlomavon. The other Snfomation comprts&s the infomi8Jon Inraud&J in th• Annual Repor( otherthan trefinanoal statements and eur Report of the Ind¢p¢ntsntAuditor5 tre0. Our opirrion ¢)n the finall¢[ ststem8nts dces not cover thB olher inlormation and, ex¢ept te the extènt OlheNise expld ststed in ourr¥porL wa do notexpress any fern of as5ufdnC conclu$Kin trew. In ojnnedon our audit of tho fingn¢i¥l $tat¢ments, our rasponsbi ility is to rBad th2 atr infomatlon and, in doing $0, ethsider whether the olh8r infoThabon is materialty in¢on$kt•nt with the ffnanrial statemants or our knowlee obtained In the audit or othevise appears to be mrialty mr&stat•d. If we idenbfy suth matsdal IncOnstene5 N appar•nt mat¢rial mtsstawm•nts. we are required to deternin& wheiher ihis gives rfye to a matsrfal mi5Statsmpnt in the ffnandal $tatemerJts themsèTves. If. based on Ihe work have performed. we eondude that there 15 a matBrial mu%statement of thk% oth•r InfDm8bon, we a Equired to reportthatfact We havt nothiw to réportin this regard. Opiniohs on other mail&r5 prescrlbod by th• Cornp8nI A¢t 2006 In pur opinion, based on the work underlak8n in thè course ofthe aud1£ Ihe infomiation gfven In th¢ Report of the Governors forth2 finandat yearforwhKh th• fin•ndal $tatem•nts ar8 prepared is conslstent wltr the finandal st8tementS-. 4nd Ihe Report of thè Govèmrs has been prepared In accordance1h appIbkn legal requiraments. Matters onwhichwe ar• requlrEd ta vèportby •xc•ptton In th• ght know98 and underK11rq ofthe charitsble cm)pany 8nd ts enrolnIbIaied in the courx of th 8udiL we h8ve nol thtifwl rnakrf81 mi8St8tements in Ihe Reportdthe Governors. We nothing to report in r•spe¢t tsftréloll¢wfftg matt8r5 wher8 th• CoJwnksAd 2KÉ rgquxe$ us to reportto you rf. in our opinbn.. adeouato a¢MuntiTrJ records h8V8 r>)t b••n k•pt or retuma 8dequat• forour audft have notbeen r8cefved from brnn¢h¢$ notsited by us: or the fin8wal ststhents a not a9MniW[th the ac¢ounting (thS and 18bJm5', or C8rtain dtsdosures ofgovemors. remunerabon spe¢ifd by are notmade., ¢r we havE not ed all the infornation and explanation$ we rgquirefor Ouf auLI
REPORT OF THE INDEPENDENfAUDrroRS TO THE MEMBERS OF BETHANY SCHOOL R8SPDnsknllltr•s ol govamo As expLgined more fvlly in Ihg Slaietnent of Governors. R¢spon5ibiles, tha governo Iwho are also the dire¢tor5 of the ¢harilab sompany for Ihe purposefy of CDmpany lawl gre responsibk for the prpparation of the stakments and for being satisfied Ihat they giv8 a tru8 and fatr vwi, and for sueh internal eontrol a$ the 9ovemors detsrmino Is 8688ry lo enab the preparabon of financial statwnents that are frae Irom material mLSStstemenL whelhet du& to traud or errfjr. In preparing Ih? finindal slatsments, th• govgrnor5 aTP responsibk for a55e5sing the Chantab ¢umpanl5 ablity to o)ntinua a5 a goin9 con¢m, dKsclosino, as applirAb12. matt•rs relat to going Co8 and usiro the going conrn lJas18 of counting unless b)e g¢vamors either Intend to luldats the charilBble tompany or ie ce85e oper?lions. or have no realistic altemalw Lwtto do so. Our rnspon8iblllti¢s for th• auditof tho flnarteial statoments Our objectNes are to obtain 850n8)le assuran( about wheiher the financial staments as o whole Hrè tr98 from materiBI rnisslat8m8nt, whether due to fraud or errer. and to sue a Report ol lh& Independgnt Audittsrs that indvde¥ our opinion. Reasonable assurance Is a high1ov¥l of assurance, bjt is nol a guarantee that an 8udit ¢onductEII in accordance with ISAS lu ill alway5 dets¢t a matefid msstatement when rfL exi%ts. Misst8tèments tan arise from fraud Dr error and ar consid?r8d materpdl rf, indivaudIY ¢r in the a99regate, they ts)uld reason8bly bE gXFeeied to Innu¢ the etx)nom de¢i8ions of users lak•rt Ihe 515 Qtlhe$È finarri218tatements. TM enIt0 whid) our proceduTaS are capable ofdele¢tin9 Irregulari98, induding fraud 15 detaId b81ow. The objecknve5 of our audi( in respect to fraud. are.. to ent"ty and asses5 the risks of materlal Mis$teMent ol Ihe fvancial statements due traud.. to obtsln suffioÈnt appropriaie 8udil evKlèTrc8 regarding the a5$essed risks of Tnalenal mis5tatemenl due to fraud. throh desvJning and implernenting approprfate re5pons6s'. and to respond appropriAlY lo trsud or8USP8Gttd fraud idenbfièd durin9 the 2udiL H¢w¢ver, the pnm2ry respDnsibility for the preventian and ¢jeCtiOn ot fraud resL5 wth both those char9ed with go¥Bmanc8 of the entity and Its man8geTrnt. Our approath wa5 as follows.. We id8ntIfi areas of L8wE and regulations that could rga$¢nabfy be éxpxted b haye a material effect on the fiThancial statn8nts from our geneol commercial and $8¢tsr experienGe, and Ihmugh dcUsSion with Ihe gov8mors and other rnaDagem8nt las required by audiung 5tandardsl, and discussed with the governors and 0th8r managetllenl the polics and pro¢édurgs regarding compliance with law5 dnd reguktions., We Id&ntified th¢ f¢Jlowng area5 as those most likety to have such an effect health and safety: G4Tharal Data Pral8Ctio R89ulatson IGDPRI.. fraud". bribery and COuption. school inspèct)ns. k8epiryJ chIbJr safe in educabon Istalutory guhdanctrl, DBS chÈcs, empkyrnenl law and Kaeping Childn Safe in Education under seGtion 175 ofthe Education Act 2002. Auditing sland8rds limit the requlRd avdit procedurÈs to tdentify nOn<mpli8nc¥ wilh these laws and wulations to enquiry of the go¥ernots aThJ other manag&ment and iTr5peGUon of wulalory 8nd legal co&pOndenCe, rf any. The ents"f18d athal or suspeded nOn4)Mplian wa5 not $ufficienty Snl¢t lo our audit to result In our re5pon8e keing idenb.fied 85 3 key audit matter. We coDsi¢Jed th8 le9al and re9u1ai( fr8mewgrts dIreCt applicable to th8 financ4al sentS reF4Jrtin9 fromewtyk IFRS 102 and the Companies M 2Cth and th8 Charit*5 A¢t 20111 and the r8levaAI tax complianc• regulath)rn5 in thg UK We considered tho nature of the charitable company's operation$, the control enwronm•niand busine p8rfDTmant£,' We Communicated idenbfied laws and regu5¥tions thTDughoul our team and Nnaln8d art to any indl¢atorE of non-cgmpliance throughoutthe audiL ? considered the proe£dures and ¢ontrol$ that ts charitable company has eslsblished to address n$ks id¢nlfi8d, or thatolherw pr6ven( d&terand d•te¢tfraud-. and h¢M 88rriormanagem8nt monrtors those proc•d$ and controL8. Based on this undeistanding designed ¢ur 2Lfjt procedures lo idenDfy non<ornpliance wilh such law5 and regulaliens. Where Ihe tisk was considered to be higher, we p?rfurmed audit procedures to addr¢s5 each identified fraud risk. Tres8 Pfocédure5 included.. testing manual joumals., revwing the financi81 Statement disthsures and iesbng to supporting dowieniation,. performing anatytical PrOdurBs,. 2nd enquiring of mana98ml and were designod to provide reasonable as8ur8nce thattha financr41 ststsrn¢nts were fre8 Irom fraud or error. Page 10
REPORT OF The INDEPENDENT AiK)ITORS TO THE MEAIBERS OF BETHANY SCHOOL Qurresponslbli tti85 forthe audit of thEfinartcPdl slalements-contlnued ing t¢ th inherent limitation8 of an 8udi¢ Iher8 i¥ an unavoidable risk that we may not h8Y8 detected some materral mtsswements in the financial statements. even th0h we have prop?ty Plann perfomed our audit in awrdan( wrth audiang standards Foi example, the fijrther rem¢ved non-MPl1an wtih Lqws wulAtiort8 Ilrre9ularitsl from lh8 events and tranSaCtn$ reflectad in the financlal statements, thè 5$ Ikely th inherpnly InIted produres fequired by ludng $tandard$ woukl identify L The rtsk 15 also greater ge9arfing Irregularfties otturring du8 to fraud rather th3n err¢r, as fraud involvas intention81 wneealment. forgery, fX)Ilusion. ornissron or mKswresentation. We are not wponsible for preventi[ non-c¢rnplon¢e aT¥I cannot b8 &xpectad to detéLnon-c¢%np1ianVIitr all laws and reguLations. A further dex¥fption of our respons1oileS for thé audit of the fanal ststem8nts 15 loc8led on the Finanoal Reporting CounuTs website at www.froDrg.uklaLKIitDrsresponsibilkt. description forn part of our Report of the Irthpendent Auditor8. Use ofour prt Thi$ report 1$ made wbly to the chariiaUe ¢ompanys MeMr8, as a body, in attfjrdan wth Chapter 8 of Part 16 ofth¥ Companies Act 26. wod( has been undartaken so that we rn19ht state tts the charitable eAimpanls mefflber8 those we aTE 4vEred lo stste ID th&rn in an auditor5. report and for no other purpose. To the fvllest nI permitied by raw, we do not accept Qr assume r8sponsibiUty to anyone otherthan the tharitable company 8nd the ¢haritabLg Mmpanls meners as a btyjy, forour audlt work, foT this r?por( orfrjrtne op1r05 we have ksrned. Mark Cummins FCCAISeniDrStatDryAUorl forand en beh8lf of TC Group StabJtoryAL¢ditcn Thec0utya. ShohaM Road UpF*rB•8dir¢ Steynirb9 Wesl SLW8X 8N44 3TN Ji p11
BETNANYIKHOOI 8TATUENTOFANAFIUALAcnwnES IINCORPOPAnllGAN PICOMEANOEXPENmREA¢¢WMn FCftTHEYEARÉNOED $1 AUQUST2P25 T¢t&ArJ 91. 20.941 114024 $Ql,510 13 71Q 11.10> 7e1.278 a.A45 12 114J8J> 19.11 (131.11 11np2J 25 1.3g1.J27 (I72JK> 11745 1447V.15S 12
BETrIANYSCHOOL BALANCE SH 31 AUGLIST 2025 2025 2024 FLXED ASSETS IntangiblB assets Tangble 8s$8ts Investment propety 13 14 15 32,196 18,731.455 36,219 18,443,091 19.413,6S1 19.129.310 CURRENT ASSErs Slock5 Debtprs Cash atbart( 16 17 18 12,646 703,021 24,4n 2.816,890 s.15.248 4,385,850 7,896.611 CREUTORS ounis falling duewthin one year 19 13,730.4821 16.351,4441 NET CURRENT ASSETS TOTALASSETS LESS CURREMf UABILrttES 20.0&8.819 20,874.477 CREoRs knounts fallkng due •ftermor8 than one year 13,905,453) 14.376,916) NET ASSETS 16.163 366 16.297.561 FUNDS Unstricted funds De5vJnaled fvnd$ Enclo%WntfvndS 16,012,019 15e,000 14,745,075 1.551,139 1.347 TOTAL FUNDS 16,297.561 Thege ffnanual statamenls have been pRpared in aoxrdance with the provisions relating to mediuTn-5EBd oJmpan$. Th8 fjnan¢k?I statements wer8 appro) by BO# ofGov8mors and aUthOrts for i88ue on . and werg slgned on ts behav by.. - G¢)vemor RegFS rèd Cofflpany number CK1624273 IEngLHnd and Wal) The n(4èskn p?rtoftlse ffin8nl1 statenr>ts Pag8 13
BETHANY SCHQOL GASH FLOW STATUIENT F&9 THE YEAR ENDED 31 AUGUST 2020 2025 2024 Notas Cash from operng acttvlbe8 C08h generated fram oprnti¥na 2 0>7,948) Netcash (used 1nYpffJ8d by opwating ae$ 2 097 948 Cash flows from Investing a¢ti¥lS PurGhase of intangbl¢ fixed 885•ts Pur¢ha88 of18n9ibk fixed assets Sal8 oltongibl& fKed assets Sde affL%ed asset ittvesknents Intswt r&ed Dividend$ w8ived 16,6eOI {5.261,0381 139.184 1,250,108 51.803 1794.5231 710.e69 Net c8$h prowded byllused ill Investing 3 817 125 4$h flgws from Ilnanclng 4¢tfvttte8 Newloons in y8ar Loan r8paymenls kn year 1.472.042 2,137,958 eOg,B38 t cash provled byffinaDciryJ 1.528126 Changg In cash and ¢a8h gqulvalents In the reporting pètlod Cash and ca8h 8quivalents atlhg b¢glnnlng of thB reportlny p¢rlod C85h and cash eqUfvnts *tthe •nd of th• reportlng p¢rf I1,3.265} 1.157A19 5.055.248 3 897 829 5.055 248 7he notss forn pgrt of Ih85• finanual ststements Paga 14
BET14ANYSCHOOL NOTES TO THE CASH FLOWSTATEMENT FOR ThEYEAR ENDED 31 AUGUST 202S RECONCILLAMON OF NETEXPENDrruRE TO NET CASH FLOW FROM OPEPA71NG ACTMTIES 2025 2024 NeteXpend1tsr frlrthe reporting p•rtod las perth¥ Sftwet0f Finan¢i41 Aedvltiasl Adjusfments ftsr Depr8ciation tharyes Losses on investrn¢nts IProfitllE•ss on dBpOS oled w6ts Inlerest re18d DIVIdd$ recewed Dacreas81(IncrsQl li $w(s DreaSeIl¢as8I in dèbtors IDe¢waseYincrease in creditors 1134,1951 1172.5921 S10.182 531.435 763 3,4CD {51.8031 19.4781 110,7fJi 1617.5031 3 772 920 (710,8691 {85.3041 11.827 2,113,869 ,803.45È Netcash lusgd w)Vprovld8d by operntlons 3.448.419 ANALYSIS OF CHANGES IN NÉT FUNDS At 1.9.24 Cash flow A131.8.25 Not¢xh cash atbank 5.055.248 1385 265 3 669 983 Debts fallir@ due Mrithin 1 yèar D8bts fallin9 due after 1 yaar 150,1401 2.087 818 1100,2801 1150,4201 2 698 571 2 137.958 11.033 848 991 Total 2 917 290 2,096,298 The notes f¢mi part Of1h ffnanfJ81 st*mwts Page 1$
BETHANY SCHOOL NOTES TO THE FINATrKIAL STATEMEiirs FOR THE TrEAR ÉNDED 31 AUsT202$ CHARITY INFORMATON Belhany Sthool i8 a charitabk company Ivnited by guarantee inojrporated in Engknd l¢hanty number 307937. company TrLnbef t24273) and oper8tes from its gStsred orre cu$den Gre8n. Goudhur5L Kent TN17 ILB. A¢COUNnNG POUCIES Basls ol preparlng the finBn¢ial slatsments The finanrial stal8m8nts of Ihe charitabte (mpany, which ks a public benefit enbty under FRS 102, hav8 been prepared in accordance thith the Charitth SORP IFRS 1021'Accontiry and Reportin9 by Charie5'. Ststement of Recommended Practice applicable t¢ charibes pr8p8ring Iheir 8ttDunts in a¢¢or¢8nce with the Finangial Repo Standard applicabb in the UK and Republic of Ire18nd IFRS 1021 (effective 1 January 20191,, Finan¢ial Reporting Standard 102'The Finanoal ReptsrtiTrJ Slandard applicable in the UK and R&publK of Irelan¢J' Hnd the Compani05 Act 2006. Th¢ finan¢i81 $latem8nts have been piepared under the historfcal cost Gon¥ention, wth Ihe exception of nv8slmants which 8r8 inthdad at mathet valu¢. a$ modfvd by th6 revaluation of rtain assets. Praparatfon of the accounts Dn a golng ¢on¢em baBIs The GDvernors ¢on$Kler that Ih&r8 are no material uncertaimtie5 ab¢ut thg Schr5 abilty te tonmw as a going n¢em. Statementofeash flows The SchoDI's (x5hlow statement refiects the prnsnl#b¥n requlr¢m¢nts of FRS102. In addition, Gash flow ststement raconciles cash and cash equwalents wher¥dS uTrJer previou5 UK GAAP ibe 8tstemeni TecoDclÈd to h. Incom8 l income s 9ne¢ in the ststsmont of Financial AciwlW onc8 ts SC0 has 8ntiUement to lh8 fuThY$, ft is probablo thatthe incomewill be reived an(S Ihe amount can be measured reliably. School leB income is accounted for on a receivabk b85is and COnsts of tharges billed forthe 5dvJol ye8r8ndod 31 August 2025. less bUarloS and alkvanos. Fees received lor educat)n io be prayed in fubjre Yea ¢arried foffird a$ Itefrrred In¢(me. Value Added Tax IVATI was thar9eable on &hool Fe•s from 1 January 2025. Therefo. from thk8 date fe8 inc? is induded net ofVAT. Donations aro 0CGountE(I for once school has 8bment io the 9rt ji L prdbabb thatth8 inrn• will be re1¥8d 8nd the wnount can be measured raliably. Investment income is accouniBd forwhen it Ks ¢¢n¥b and th? amount can be measured reliabty. There are no reslrictson8 cn the incoming resfwree$ dthe ertdowmentfvnd. Exponditure Liabilthes ar8 racogntsed 88 expenditur• as soon •$ there is 4 legal ¢r ts)nstsucti%t obligation Gommitttng the schooi to that expendiluts. it is pnbablÈ that a transfer of eCOncffl b8n&fits wll requir¢d in 8eth8ment 8r¥J the amount of the oblhjation can be m8asur8d reliab. Expenditure is axounted lor on an a¢4ruaL8 basB and has been dassifi&J under headings that a9Jr8gat8 all cost related to the tttyory. Vthere costs cannol be directly aitributed b) paiDcular ading8 they have be8n allo¢•ted t¢ activities on a basi5 con5istsntwith tho of resourcÈ$. Up to 31 December 2024. thB irrewverablè elem&nt ofvalue added tax (VAD is included wlth the it8m of 8xpen5e to whkh it relates. From 1 January 225, th¥ School Can rtd¥im VAT wh8r8 appropriate on expgKdiiure go exp8n8 refi8et th& cost exdudlng VAT. Support costs are allocated to the c05t raK%ing funds and ¢har6tabJe getivities on the bas]$ of an 8pprcpriale apporiionment of fft$our¢e5 and a¢th"vibe$. Governance costs have bEen allocat4d in line wlth admini8trab.on costs and irtduda thosa sts 88soaaled wilh meeting Ihe (xJnsbtuttDnal and statutory raqulTernents ol tha charity and indude audrt fees and costs linked 10 Iho $trategK Manag1 ofthe School. Page 16 continwd...
BETrIANY SCHOOL NOTES TO ThE FINANCfAL$TAIEAIE1I-Connu8d FOR THEYEAR ENDEO 31 AUQUST 2025 ACCOUIrnNG POLtClES-¢0otinued T4nglblg fixed assets and déprn¢lallon Tangible fix&4 assets otherthan fmholy lond arè stalad at cost kss depOOn. Depr¢tiabon r6 prwided at rate5 caltsjlattd to write off the $t less osYmatgJ Ual value of e8ch awet over its exg8Cted usafvl frf, as folth.. Llnd 15 noldoprecpatad. Assets under constN¢tiw are notdepj unUI they 4r availabkt for us& Build1rS Fithrns, ffttirwJs & eqipn3ant Mot¢rvehide5 1%-4%ono)st 20% on cost 20% on eost The School has amended dePreatiOn poliol in the year ernged 31 AUSt 2025 to depreoate me buikling$ by 1% on an'on-cosy bask%. It is the Scknfs pa1Y io capitalise all items ala capital natyrE Dyer £S.000. Investsnentproperty Investment prcperty is InclLkg8d at fair value. Gains we ret¢gn¢ed thrOh Statement of FancIal ActbwlEs. Stock Stocks are vafu•d at th• kJw•r of eost and n•t thali$able vdue. aftermaking allowanc¢ for obsoleta and slow mNng items. Fund ac¢ountirtg Unre5trthd fund5 are 98ner31 funds whith are 8vaikbl8 for Use at the di4crebon of the Governo further3rKe of th¢ general obje¢kn&s of thè S(ool and hav• not b••n d8svJnatsd fef oth•rpurp08e& Designated. Restri%ed End¢wmentfvrnls can onty be used for partityjlar rtstricted purpo58S ithin thè obftGts of the (arity. Restrfction$ atse when spedfied by the donororwhen funds are rased for particukr restrKted purpose Futherexplanation ofthe natrre and purpose of fund i% incAed in thè n¢t•5 tothe financial slatem8nts. Forelgn exehan Assets and fiabile$ in foffjign currencies are trartslated Into sterfing at rate5 of exchange ruling at the balanc¢ she¥ dats. Transo¢tion$ In foreign rren aro tran$laW into st¢rtlng at t rats of exchang¢ ruling at th• dats of lh8 trsns•¢tDn. Exthange drf8rences arè doakwth the StatomontefFmndal Advittes. Pension wsts and other post.retirèment benefjts The School conlribut8s lo personal pension schern olher tsaehers and non-te8ching staff. These schemes a defined contrrbution sd)omes. The assets Of the sthemes are eld separalety from those d tre School in independenty admiftsteied fvnds. Contributions payable for the year ere charged to the Sfatement of Financral Actiwties. The School has no 0th8r Ihqbi1th8s uTrJer the8e Sc4mes. Employee benBftts Short tarm employee b¢ngfits induding holhlay pay ar& r8cognk88d in the Statement of Finanaal Aththes in thè period in whh th8 service ts rander8d. Ternin8tion beneffts 8Tr 8cD)unipd for on an acrxual basr6 in a)rdan wtth FRS102. Donatsons 019ood4 services and faGile$ Donaw 9ovd5. profe5siona15Er¥i ar fa¢ilthes a tscogn¢d as in¢ome the Sthool has control over Ihe Item or has FeceThied the serve, any cond¢*ons assoaated with the donat50n have been mel the ffjc8ipt of ihe economic benefrt frem the of art itam by th• sthool is prob8bl•. 4ThJ that •eonoTh¢ bonefit measured rellably. On r8ce5pL donated goods. professional se$ ènd laL4itÈ5 are re¢o9ntsed on the bas$ of the Val of the gmt t¢ th• School whkkn L8 the amount tle Scthool Uld have been will1r to pay to obtsfft ts goods, SeCeS orfacilths on the opeft matheL a correspondiryJ arnount &8 then recogni8ed In lh8 8XP8ndibJre in th8 perd of receipL Page 17 continu8d...
BETHANYSCHOOL NOTES TO THE FINANCIAL STATEMENTS. conttnued FOR THE YEAR ENDED 31 AufAIsT 2025 ACCOUNTr4G POLICIES- continued Don4twn• of good8, 88rvlce8 and facil88 Goods dond for onwng use by ts S¢hoc4 ifi c#rryino its day to day a¢tivth$ are cOgnised a$ tangbi fixed assgts. Operdyny leas¢s RentsLs pay8blÈ under opetating lases e char9Bd to thB Strtement of Finan¢iBI Acbvrfi85 on a slrawjht lkne basls ower the periol of the a59. Debtoo Trade and othw debtors are recogni5ed at the 58tU&menl amount due. PrepayM8nts are valu8rl 8t tr imovnt prepa¥J n8t pf any trade d1$Vryts dyg. a¥h 4t bank and In nd Cash at bank and in hard in¢lud•s eash and $hort te hpJhty liquid investments with a short maturity of thr•• moTrths or less frcth the date ot 204UBition orop¢niry of tre dEposit orsunilar JCGount. Cr¢dttorn and provi¥ions Creditgr5 ard pr¢vision$ #rè re¢¢onis¢d Wh the Sehool h88 a pr8sént ObligatTr resufbng from 8 pa$t8vènttrotwill pmbably result in the tran$fertsf fund$ to a third patty ¥nd th? arnounl due b 5eitte Ihe oblE4tion Gan ffleasuod or •slimated reliabty. CreditW5 and prow5k)n5 are normaly reo)9nised al their s8tll8ffl8Tht amount aftar allowing fu any trado di$¢oMts due. Financial instruments Tho Sehool on5y has fin8ncial ass8ts and finarthl Ikgbilities of a kind that qualrfy as baslc financiel in8tnyn8nls under FRS102. finincial Instrument5 are initially recogniqed 31 transaction value and sub5equenUy measured al their ettlerwnl value the eXCEPti of bank loans whith arè subsequently measured 2t arnorbsed c¢ytst usirsg Ih? effedve intsrest rrtlhad. crftlcal a¢¢ounWng ¥stimatss Judgem¢nts In the application of the Schooys accounting policies. the Govemors are to make judgnts, e8tim8ts8 and lssurnpti0r about the carrying wnount of assets and liabilities Ihat are nat readity Apparent othgr sourc88. Thè esth"mates and as¥oc4attd assumption$ are based on hi4tpriEal expwpnc? and otherfaGtor5 Ihat 4r¥ Mn$idere(f to b• levant. Actu31 results m8y dIfferfr these estimatss. The estimates and und•rfying assumptions ar8 revlewed tsn an on9ciffj bas. Rew5ions lo accounting èstimates are recognisad in the period in which the estimate is revised. The Goven))r8 do not ¢ensider that th6r• 4r¥ any critical 8stimat£s or are8s of judgement that need to b8 brouyht to lh8 attenOn Df the i?adets of the Sktom8nts. CHARETABLE A¢TMTIES Unre5trict6d nd5 Desvjnated runds Endowment funds Total 2025 To 2024 SthoDI fe85 Re9islrnI fee8 Transport inc¢mB Sub-Totsl 8,459,153 13,393 8.459.153 13,393 9.125,757 11,548 283 909 9.421.214 8,780,886 8.750.886 Bur¥all and schola¥sbiFffj HO$1P ¢0nt 1857,7841 1857.7841 152.284 1870.6031 129 371 7 740.818 7 740 818 8421 340 Page18 conb"nu8d...
BETHANYSCHOQL NOTES TO THE FIPIAKIAL STATEMENTS . ¢onlrnLt•d FOR THEYEAR ENOED 31 AUGUST 2U25 Unr•stAct•d DesvJn8t8d EThjOThent lunds funds nds Total 20 Totsl 2024 Rental ¢0M 161.386 136.867 1e1.386 161,386 136.867 INVESThIEKf INCOME Urwestricw OeywJnated ETr1owThent funds funds fund8 Total 2025 Total 2024 Incorne from Ilsled Ènvesbnents Interest rvtsN•d 9,478 51,803 85,304 &5.304 OThER INGOATE Uftrt5trictad lunds Designated fund5 Er1d0ent fur¥Js Total 2025 Totsl 2024 Profrt on disposal of tangtslefd a5S8ts Pag819 rA)ntiTrued...
BETIIANY SCHOOL NOTES TO THE FINANCIAL STATEMENTS. ¢¢nllfiuod FOR 7HE YEAR ENDEO 31 AUGUST 2025 EXPENL)rtURe staff Ccsts D8preaation Other Costs Total 2025 Toi 2024 Raislng fund8 Inw5knent rnagernent fees 1.Q47 Total ¢osts 01 rabinu fund8 1,047 Charltabl• a¢tivlti•$ Education Teaching costs W•War¢ Costs Premi8e8 cosits Support costs Finance costs GovemanGe costs Loss on disposal of tsn9ible fixed asset Total charitsbl acUvI&S 2.817,737 269,018 772.737 1.165.25 9,812 244,498 761,139 1,351.662 842,691 181,054 29.224 3.072,047 1.03D,157 2.624,769 2.008,047 181,054 29,224 3,124.823 994,C61 2,811.579 1,912.$47 S3,044 22,706 3.400 500.370 5.U24.848 510.182 3,410,268 8.945298 8,932,160 Total expenditsre S.024.848 5101e2 3.41D,268 8.945.298 8 933.207 Governance costs Include payments of £16.60012024" £16,5QOI l¢r audit fe8s and payrngnts of £nil12024.. £1,3$01 for other nor3[$ Servi. Net income staled after GhargTll9 £94,32512024.. £81.0901 to oFerating lease rental$ inrJud&J prernis•$ $t1 £35,30212024.. £24,218) to operating kase rènlas Induded within teaching #nd $upport $ts and intera81 ch3r9Bd on bank loans ¢f £178,561 12024.. £59,045) includèd within finance c¢$ts Of costs rekting to raising funds. £nil 12024: £1.0471 relate8 to th8 designated lur¥J. or c¢$ts relating to charitab ?ctivitk8s, £9.81212024.. £19,623) relates ¢0 Ihe d8svJnatsl lund. SIJPPORTCOSYS 2025 2024 stafF$ Mark8ting costs Computer costs Posi & stationery Staff welfare & other$taff casts Staff recruith)&nl T8lBphoni OvEr5eas wruthent & mMiSsion Professional fees Travel & sub81Stenc8 Subwplion¥ Mr6eelkneous costs Parbal exemption VAT aty5fmoDt 1,1$5,35fj 86,979 218,851 1,150,651 106,387 210.590 40.800 72.819 6.445 16,698 90,246 109,530 3,476 39,033 65,872 98.245 63,210 15,239 113,276 61,330 2,189 12.555 32.221 1912 547 P•Je 20 conb'nued...
BETWSCHOOL IIOTES TO THE HNANCWL sfATEhlEpifs-¢ontiNd FOR THEYEAR ENDED 31 AUGUST2025 130VERNORS' REIIUNERATIONAND BENEFITS Nono ofthe GovpmDT8 lorany p8r8ons o)nned•d wth th) recelved wy rwnuneration during tt¥s yearor prfor Gov•rnorn' expen One G0Venr5 w85 Rnnbur5ed a totsl of£254 fortr81 In Ihts financi81 Fethd IW24'. no Go¥emDlS wer8 reimbursadl. No amountswere duèto orfrom GOV•ma Btthe balan¢• $heetdate12024.. £nil). STAFF GOSTS 10. 2025 2024 and salari Soci81 se¢urty 6t3 Oth•rp•ns¥Jn costs 4,D85,997 398.732 4.084.254 381,546 5 Q76,548 The avprag8 rnontt) nber Dfemployeès the yearwas as follo Teathi AdmlnLstratign WeWare and prém&ges 2025 42 2024 57 50 141 150 The numbèr ofempbyees whose empbyts nefft8 lèXdudg 8mpb)yer p•nsron ojstsl ex¢eeded £6D,DQQvd5'. 2025 2024 £60.000-E70,000 £70.001_£80,000 £80,001-£90.000 £110,001-£120.0(KJ ConribthioThs totaifw £f2.415 12024.. £100.2691 were made dvrfno th• y•ar to p8nsbn schemes on bohall of pbyees whgse empkne nefft$ exc8ed £60,000. The key rnanaw8nt F¢r$o01 of thg 8ch¢ol artr the headmaster. th• bur88r, the HR managar, Ihe d•puty h•ad 0¢4dèm¢ the Pastor deputy Bnd th¢ diredor of marketing & admTssS)n& The director of mart•tirvJ & adMSlOn& ro tsased in March 2025. Th6 total ?mpl)yee benofft8 indLx1iffj ppnsron contAbutions fDr key managwnent per3pnnefr0 £544.69912D24.' £628,974). t>uring the year, £6.428 was paid in wlation t) redundarry pay12024- Enill, £10,948 In rekfjon kn p8yrn8nts in IU of notr•12D24.. £niD and £12,000 in relation to ex*rala payfflènts12W24.. £nil}. P4• 21 conlnued...
BThANY SCHOOL NOTES TO THE FINANGIAL STATEMEIfftS- c¢nthiued FOR IHE YEAR ENDED 31 AUGUST 2025 11. COMPARATIVES FOR THE STATEMENT OF FINANWLACYMEs FOR THEYEAR ENDED 31 AUGUST 2024 Unre5trthd lur D8Signated fvnd Endowment lund Total fvnd$ INCOME AND ENDOWMENTS FROM Donations and18ga¢es 116,824 25,066 8,426.862 136.867 116,824 25,066 8,421,340 136,B67 61,281 GrftAd Charitable other trading activities Inveslmerbt iTrcome 15,3221 Total 8.757.222 8 751378 EXPENDITURE ON Rai¥ing fvnds Chattkable activ.85 1,047 1,047 8 932 160 8 912,537 Totsl 8 912 537 8 933.207 Nal gain(lO$ss) on Inveslme 17631 17631 NEf INQOMEIIEXPEMDrruREI 1155,3151 1258.s81 117,27n 1172,5921 Transfers btrlYrn¢n fvnds N•t movem&nt in funds 1.103.246 11.275.838) 1172.5921 RECONCIU4TION OF FUNDS Total fund$ bioughtforward 13.841,829 2,826,977 1.347 16,470.153 TOTAL FUNDS CAfftED FORWARD 14 745 075 1 551.139 1,347 16297561 Pa98 22
NOTES TO THE FINANCIAL STATEHIEPtrs.contlmi•d FOR THEYEAR ENDED 31 AUGUST2025 11 TAXATr)N Thè Sch¢ i5 a Regist•rad Chartiy Inumber 30793n. Ai a¢ti*ities arg undertakert to fvlfil th2 primary otlethv•s of the tharity and ar• thereft)re exempt und¥r Part 11 Of th• Corporation TaxAc12010. INTANGIBLE FIXEDASSErs 13. Website At 1 September 2024 arkj 31 August 2ty25 AMORTISATION At 1 September2024 Charye fory8ar 4,011 4.023 At 31 August 2025 BOOK VALUE At31 A51 2tr25 32.196 At 31 Alt 2024 Int#nglbk assats r8lale to websito dgvelopment TANGIBLE FIXED ASSETS Fixtur8$ and fiWn9$ L•nd and builllngs Motor vehKles Totals COST At 1 Sept4rnb8r2024 Additlons 23.084.079 1,282.184 191.177 212,YJ3 24.578,496 794.523 At31 August 202$ 23.668 925 1473 361 230.733 25 373.019 I)EPRECIATION At 1 Septsmber 2024 Ctrae foryear 5.319,503 721.593 94,3 38.526 &135,4 506.1Sg At31 $t2025 5,609.804 898 925 NET BOOK VALUE A131 ALQUSt 2025 18 OS9 121 574.436 18731455 At 31 August2024 17764576 117924 18.443.e91 Induded withln &nd and buildffy is fraehold nd 01£1.700.85512024.. El.7,855)whiCh Trjtdepred. Two Proper wer8 $¢ld duAng th• year. thase properbBS had nil net b¢ok valua at 1 septnber 2024 and th indN•Jual o)st¢ould notb8 estsbltshed. Pa9e 23 ntinuad...
BEfHANY XHOOL NOTES TO THE FINANCIAL STATEMEltf5- conUnu•41 FOR THEYEAR ENDED 31 AUGUST 2025 INVESTMENT PROPERTY 1& FAIRVALUE At 1 Septamber 2024 and 31 August2025 BOOKVALUE Al 31 August2025 At 31 Y8t 2024 Inve8lrnent propwty 15 deemod to be afairvalue and has. thgrefore, TrJtbe8n revalL¢d. 16. STOCKS 2025 2024 24.473 17. DEBTORS: AMOUNTS FALLING DUEWTHIN ONEYEAR 2025 2024 2,51D,472 89.931 24,875 191,612 Trade debtors Otherdebior5 Attrued income Pr•paymeTrt$ 305,951 49,919 53.087 703.021 2 816,89D 18. CASH AT BANK un$tted fund Designated Fund Endowrnnt Funds Tota 2025 Tot#1 2Q24 S 055 248 Operationd cash 803.077 5.055.248 Total 19. CRELiifoRS: AMoup¥fs FALLING DUE WITHIN ONE YEAR 2Q25 2024 Bank and overdts l$ee nota 221 Trade crecitcr5 so41 security and othertaxes VAT Defarred Income- f¢¢s paid in adn¢ of AUtrt T•mi Deferred irncom&-fees paid ID adwdncè underNdv8nc Fèe Sth knrued expenses 150,420 360,730 97,739 50.140 296.311 87,702 1,074.148 1,195,589 831.013 745.480 4,492.064 877.747 6 351444 1)8ferred income repre5enis fees in advanca forfutur8 8cademi¢ krrns gryears. Whgre the5trts88 hawe been 8ettTed under a formal fe85 in advan scheme, thes¢ ore shryn s*parately from receipts for ALrtumn terrn fees paid in 2024-25 ah?ad of th st8rt of tarrn in 2P2&28. Pag? 24 ¢ontinu&J...
BEtHANY SCHOOL NOTES TO THE F114ANCIAL STATEUENTS-¢ontinued FOR THEYUR ENDED 31 AUGtJST 2025 2Q. CREDITORS: AMOUNTS FALUNG DUE AFTERMORE THAN ONE YEAR 25 2024 8¥nk thn$ l$e8 note 221 Deferred Incame-fe& pawj in advanc• und•rAthce Fee 2.698.571 12882 2.087,818 2.289 098 3 90S.453 4.37f 918 21. DEFERRED INCOME Am an1['S ofthg mabjrity ofdthrred incorne * gmn bo10w'. 2025 2024 Amounts relaiing to temswlthin Dne year D*tsrred inwme 2 269 737 Amouftts r•lating to term5 beMe8n oro and years.. Deferred incorrE- 14 ye¥ 623,997 Ameunts Yeting tD terylls betrw&¢n tt¥0 8nd fve years.. DefEd inM8- 2-5 yea 558.58S 1 184.887 ounts relauno to t8rms In morp than fve years". Deferyed income-OVEr 5 yea 24.300 68.040 Total.. Defetr•d ino)m2 3476 619 7.526.642 An anatysis of the maturdy of loans is gNen belN.' 202S 2024 Amounts fallin9 due Wilh cme y88r Qn demand: Bank Ipans 50.14D An)ounts faming due befyveen ¢ne and years.. 8ank loan$- 1-2 years 150420 1S0420 Amounls falling due and five y¢ats'. Bank loans-24 y[ 451.260 451.280 Amounts frdlling due in morethon fve y8ats- Bank loans-over5 yeals 2 096 891 1.486138 Bank Ioans 2 137 958 Pago 2S CtsnU...
8ETHANY SCHOOL NOYES TO THE FIPiANCIAL STATEMENTS - ¢(rfnuVd FOR THE YEAR ENDED 31 AUGUST 202S LOANS-¢ontlnu8d Thé School wa$ provided ¥ new103n duriffj thè185t fjnaneial year to 08Si5t with the dwkpmentolth8 pr*rnis85 and, in paCular. lh$ Perfvnring Art8 C4ntre. Th• total ban amourtl agreed of £3.510, has now been fully dRsvn down. Repayments were made the year amountsng to £761,Crt]9. The b4nk n$ are securnd by a fLxed ch¥rge over c&rt8in freeho e5. Detail$ of the bank108ns are 35 follm.. Loan-£2,848.991- interest charged at 1.5% abovtr base. repayab by 31103149. 23. LEASING AGREEMENTS inirnum Wse payments rar norrfanc0llab oper4ts.ng leases fall due as yo1$.. 2025 2024 Within one year BeeN and two y8815 eeiw88n tsvo aThJ fN• yeus 117,261 81.108 125,535 109.552 135 325 24. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unreslrict•d rund Desiqnated fund Fixed a$$ets Invesknents Curtent 855¢ts urrfjotliybilities Long tern liabiliti8s 18.763.651 es0.( 4.224,303 13,730.4821 150,CQO 16 012 019 150.(K 202S Toial lund5 2024 T¢lal fvnds EThlowmènt fiJnd5 Fed 8558ts Investsn8nts Current a$sets Curfenl Iiabili Long tèm liabiliti85 18.763.851 O,OL 4.385,650 13,730,482) 18.479,810 650.000 7.896.611 16.351,4441 4 376916 1.347 16 1633f6 16 297 561 Page 26 Contin...
NOTES TO THE RNANCNL STATEMENTS. condnu8d FOR THE YEAR ENDED31 AUGUST 2025 2& DESIGNATED FUNDS The Inccme funds ofth? thgrity indtkl8the followng desvJned fuTrdswhich have been set450 out of unrestricted fimds bylhe Qov8morsforsFeuficpurposes'. Balanca at 1 Septernb&r 2Q24 In&)me Ewnditure Tronsfer betsvten Balanc• at fiJr¥J8 31 August 2025 Speaal projects ChristopherJa&son (und 150.000 1.401.139 812 150.000 1¥1139 9,812 1.391.327 D85wJnatsd fund5 represènt amaunts get 88kge for spea3J projects at thè ¢10 dthe GuOr$. Tho inoJm in the Chrfstopher Jacknn fund repr•snts s¢hools dn118nd And interv5t Tftcwe of £nil 12024.. £9.6951 forinvesknents as part of ts fund, bur58rfes and B¢hoLqrship5 of £nil (2024.- £2181. The expendibjre the fund comprises £nil 12024= £1.047) of investment managtyThent ree$ 3nd £9,812 12024-. e19,6231 of dopreciatioo. At the ygar #nd. It Was d¢cKled by the Govertr$ that thè Chrfstapher Ja¢k8on Pu be transferred to UnstriC funds. 26. ENOOWMENTFU The incorne fvnd$ ofth& ¢h8rity indude the follo9 endowment funds whi¢h ha¥ been setashl? outof unrestriQed nd5 by the Govern#rsfor5pecifi¢ purpose5.' Bal•nceat I S8Pten*er2024 Inco ExpendrtW8 Balance qt 31 Au9U8t2025 Pemmnentendowments Jane TDmkin8on 1.347 1,347 The Panente#d07lleTht oJmprfse the kne Tomkthson AA Bursary. Pa9e 27
BETHANY SCHOOL NOTES TO THE FINAN¢IAL STATEMENTS- ntInUId FOR ThE YÉAR ENDED 31 AUGUST2025 27. EMPLOYEE BENEFITOBLIGATLONS The School holds a defined contribulion stheme with RDyo1 London. The pension charge lor the year includ ntributions payabl¢ ie Royal London of £911,118 and thi$ includps $alary saufflc8 arrangements12024.. £462,298 and at the year end £76,56312024. £79.4401 was duè to Roya1 London In re$pert ofMnlnbub¢n$ to Ihkq stherts. APITAL COMMIThIENTS At thè balanu Sheet dale, ts seheol had capital ¢onmthents r•spe( of the PerfomitvJ Art5 Centre iWII £15,QOO. 26. 29. RELATED PARTY DISCLOSURES Tot81 donations T¢wv8d from re18t8d parbes during Ihe yeai ended 31 August 202S amounled to £1.4C6 12024.. £8,524). There wora no furtTrr ielatad paty transadv dufing ts ye8r than those with Govemor5 8$ d¢taikd kn note 30. ULTIMATE CONYROLUNG PARTY The comparry. whith is registere4 in England & WA is limited by guarantee and has no share capitsl. In the event of the charity being wound up and unats to meet hs liabilits, ¢ach of the Govemors undertkes to ¢ontsbut8 su¢h Émounts as may be wuired vp to a maxmum of £1. No one paty has Dverall control of the srhool. Page 28