2022-08-31-accounts

Company Regl8trallon No. 001719001Engl•nd and Walo$1 RtylBt•rnd Chatlty No. 309144 LEIGHTON PARK TRUST (A company limited by guarantee ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

LEIGHTON PARK TRUST REFERENCE AND ADMINISTRATIVE DETAILS R•glst•r•d Company Nwnb•r 001719)O {England and Walès) R•glst•r•d Charlty Numb•r 309144 (England and Wa￿s) Pth¢lpal Addr•4 and R•gl•trr•d Offk• Lhlon Pa￿ Sthool shin￿ld Road Reaithng BerkshiT• RG2 7ED Governorn. Ch•rfty TruBtee8 and c￿nY DlreGtorn The LeKJhton Park School Govemors 80 the C￿lty Trusteey and Company EiTe¢torn of Leighlon Park Tru$l. a company limited by guarantee. They al seNed in offK thrwjhout the year, excyl where Inthaled. Together wth past GoverrKws vhN) swved in the yeaT, as irklicated, they a￿. Appolnt•d by L•lghton Park Schod G•ner￿ M••fkng Jan Offjby {5) (Chair of Board) Lolbe Dcthvell {41 Philp Giiffin IC1113) (41 Dthd Hkknk12) Bn￿ Johnson14)171 (tenn ended 31 May 20Z21 Andr8w Hughes-Nind12) Liza Phip￿ (1) IC4) {tgrm ended 31 May 2￿) Appolnted by Gov•rnorn Eme Dean-Le￿5l2l (C3) (C5) (6) Atka De Styjsa (11 {8) Jaffles Gazet141 ChrB Fk)uston {C21 (3) (51 Irfan Latif (appolntod 13 Sgplombor 21Y21) Marion Mitchdl M8tt Wnkths11)13) NKk Wc￿(1) (2) (3) (1) {2) {3) (4) (5) 6) Member ofthe Pastoral and Safeguarthg C(rfnmitso Membef ofthe Bu&ness Committee Member of the Estates and Facilits Comrnittee Membèr ofthe Tea¢hing aThJ LeaMI￿ Committee Finance Govemr Human Resour￿ Go¥emor Saf89uardin9 Govam Chair of Committee (8) (c? Responsiblliiles of other Go¥8morn of L•¥￿1 Pth TrL￿¢ on th• scl#)ol's tMb%t

LEIGHTON PARK TRUST REFERENCE AND ADMINISTRATIVE DETAILS Iconllnued) matt￿ Juthj Eddie Falshaw Nkky Ha ￿kn￿der Vrfallxe (appoitted 1 September 2021) Keith Ehjwid Bwsar and cle￿ to the Board of GoNm￿". Director of Markeling ￿￿1 Ad￿￿s1onS. Advl•er¥ B•nk•rn: Bardayts Bank PLC x Plaza Forbury Road ReadirvJ RG1 1XE Sollcl¢orn: Veale waS￿￿h Vqards LLP BS14QA RSM UK A￿j11 LLP Forbury S( ReadirwJ RG13EU Inveslnwnt Advts•rn: Rathbcme Greenbank ln￿$tn￿nts 10 Queen SquaTe BS14Tr In¥urnnc• Brokern: &Jile G16 Galohouse Way Aylesbury Buc*nghamslwe HP198DB

LEIGHTON PARK TRUST GOVERNORS, AND TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2022 Th8 Trustèes ol Le1￿ Path Trust, who ar8 also Compffj [￿'re¢l￿5 •)d GovwnNs of thè Trust, Pfesent their annual report together ￿ the audited aco)unts for Ihe year ended 31 August 2022 and ¢onfirrn that Ihey COM￿ wilh requ¥emwhts of the charl￿ Ad 2011. a5 anended by the Companies Act 20C6, the Arbdes ofAS￿￿ati0n and tho ch￿thes Stat8rne￿ of Recommènd8d Practicè ISORP) 2019. BACKGROUND Lelgthton Park Trust rs rwernd whh the Charlty CtynmissK)n. dwrity number 309144. llwas n¢ryrwated in 1920 as a ￿MpanY Iwnited by gLMrantee and not havirMJ ary share capital (company number CQ171900). Responsbilrty for the go¥eman¢e of the Tru￿ lies wilh the GoNenby& The members of the Boayrl of Gov8mors. Trust's managenwnt w%)nnel and r8gislerwl address are as list8d on pa￿S 1 and 2. PaitiC￿aT3 ofthe TNSYS profess￿al ath•isern e gr¥en pa9e 2. OBJECTS. AJIAS, OBJECTIVES AND ACTMTITES Charllabl• Obl8cts The objects ar• set OLrt #i th• Artiths OfASsttiab￿ and i￿ude tr manogwwt oftr xthtxl kr#>wn 8$ Le1￿10n Path School at ReadirKJ in aCco￿an￿ with the rekgiws wiiuples of the Religious Society of Friends lQuakers), for the ethxation of chik1￿ of membws of RelKJiou$ s￿Iety of Fri￿d$ (Quakers) and others. (Xher broadef educational obiects arKI tlw li51in9 specific authorilies r&￿ted to ￿sInesS aLXiwli88. e.g.108808, h)8ns. 8tc. afv Obj•ctiv•s for th• Y This year the Trust has been towards a rmmber of cieLarPS wthich togthr t￿lb￿ its repulation as a leath.ng 5thoDI tolh regKThIty and more ￿￿ety, Or￿ tw is kn(r￿ for its eth03 for its teaching and l&aming. Prlnclp•l A¢tl¥ltlo• Th• Trust princfjmlfy mryès thè school kn¢Mn as L•Wtyi SctsY In R¢adkng. an Ind¥p¥n¢JwL c•- educational. mixed day and tjoarding secondary sckncd. Over the course of the year th8 nwnbar of st￿1￿￿ was slabl8 ￿ a school roll of 523 at the gnd of Ihg year. Leighlon Park 15 a boarding uynmunity where, aithwh ontry abcmjt 25% of the scool board. the day and t)arding Students arg fvly int9gratgd. Day $tLKlents are able to fuItyi￿n ￿ al adiwlies and are enliued to stay for all meals thring th8 day aThJ 8¥8ning. AL70SS th8 school there are apwoximately 60% boy$ and 40% girt$. STRUCTURE. GOVERNAMCE AMD MANAGEIIEMT Governlng Documw Trust is gthYm8d by its Artides ofAssocI￿ daliNJ 1920 a￿1 last anw¥Jgd in 2019. Gowrnlng Body numbor of Go%*mors is laid thè ArlK4•s ofAsstiua￿. Frionds arn aFOntsd by Lèlghton Park School General Meeting and other Go¥ernots are 8pp(¥nted by the Board of s)ver￿rs.

LEIGHTON PARK TRUST GOVERNORS. AND TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Re¢r￿nt and Trnlnlng of Go¥wnorn Each of the Govemorn $ha4 be aFvomled on a rotating basls such thal appwmatety one thd of Ihelr Jmber coffwlete Ihwr penods of office in eath calendar year. Tlw shau h)kl offtt for a periLvJ of Itwee years and wjon cOM￿etiOn of that perKJ shall, rf they remain quakfJ8d. be ethgibl8 for Tgappointrnant for o S8cond term of three yoars. W appointed Govemm salisfy the Boarrfs req￿rement vmih regard to eligibility. personal coryetenee. sptrial thirs and bxal av8ikbility. Now Govemors are IndLthd lo of Ihe Trust at nwlirgs I￿1 with the Chair of Go¥gmoTS. He&J and Bursar and are mentored by an evie￿ed, exisliThJ Go¥erThJr. Gov8mors ro￿Ve an Inthction that indudes inlomlai￿ ab￿ the Rehgi¢#Js Sccety of Frier￿S (Quakers), ￿6pm$1b11rtla3 of trusteeship ani1 Govemorship. infom)ation a￿Lrt the schcd. The Trust promotes Govemor Irats) organisgd by the ASSOUatk￿ of Bodws of Indwndenl Sdtrjols IAGBIS) ￿ Friends, Sch￿1$, c￿￿¢11 {FSCI. together with otherapprowiale ojwses and se￿InarS orwised by Ihwd parties. In add￿On. top￿. The Trust has made qualify1￿ 114rfwrty iThJerThNty for the benefl of its Gwemrs d￿Ing Ihe year. Th88e prov￿10n5 ￿m01n in forc8 at the rep￿ir9 dalg. Responsibility the 0¥8rall man•3￿￿t cixtsol of the sdKJol and the 90￿ManCe of the Trust li88 wth the Board of Go¥emNs vtho meet thre8 timgs a year. The wort of rylemonling most ol their poficAes and deLysions is carried by the and Le￿n1Th3 Committee, Pastoral and Safeguarding Committee. Busine55 Cornmittee, Estates and Facikties Comrniitee and SLT Remuneralion Committee. This Corg strudur8 is SLryJPOrt8d by other (xjmmittees and workw syoups as req￿red. AN of Ih8$0 committees nomilty meet at laast twmly or as r￿1r￿A. CO￿U$l0n$ ofttie anaysed. The day-lo.day funning of the is ddegd lo th9 sonKff officers (He•J. th& Deputy Heads. B(wsar and Director ol ma￿eting and Admissths). attend meeliry of the above {eTrpl Nominath)ns C￿rnrtteel. This group is considered to be the Twsfs key management person￿. The r￿UnembOn of key pors¢NYwl is tstgmyngd tyltr SLT Remunwalkn Ctynmltee uskng mbination of base salary and beneffts th81 are Set by re1wen￿ lo mwket Iv)rm& The Commlttee has ac¢ess to exteinal and benchnwkng dala. Group Stru¢lAn •nd R•latlon•hi The Trust has a wholty tYn￿ subsidiary company. Leithton Part Entwwises Linwlod. whose compt8m&ntary fund.raising acbvths cannot be undertaken wittNn Ihe obpds of the chariiable company. The scool actwety gJppNts the attswimenl of stdards in the itwndent 5chcols sedor through nelworking %wlh other s¢hoc4$ and partilipabon in thg a¢bvibes of apwowate a$sc¢iabons lo which the sthool belongs. Th8 school also cooperates With a nunber of hxal schc(4s. chariti8s and other ganisations lo cptimise the use of ts facililies. The school er¥oys the gjpwt of an parents, associat￿ and oftr Okl Lewthiians, wlwjse swwl is apwe(yated and acknowwod. Local ConMThmlty Lknk• The sthool vabjos its comedions ryih the hxd a>rnmuth. tr)nlwbue lo ¢knlop Inks with Reading Quaker Meeting and lo IM￿ ctropera1tL￿ wrfh the Uiwv8rty of Rèathng. the Reath.￿j Refugee Support Group and Ethical Reading whKh helps locgl (￿r￿SaI￿￿S incworate ethic￿ vaknes into their activitses.

LEIGHTON PARK TRUST GOVERNORS. AND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Volunto The Parent and Staff Commuiuty IPSCI organise a￿1 stalt Sd￿0[ o￿nts wKhJding socaal evenings arwj information ffloetings. Th8 Governors, the Head and sen)r off￿8[S of the scbxA are ffKJst watelul for the unsbnlk)g supp)rt of Ihls valwd toty. A¢¢Ms and Buyury Polky Th8 Trustees confirm Ihat they havo corn￿1￿1 with th8 (kny in S&on 17(5) ol the Chaiities Ad 2011, 10 have due regard to the guKlance isswl the Ch8fTty Commi55K)n on 9￿)￿¢ benefit. benefrt is also ¢o¥ered on page 4 (Local Commurlty Links) •d on page 7 IOulrea¢h). Leighton Park Scknl weh>Jmes dththen of81 ba(wthmds from 7hilhii th? Urmted KiTr3th and overse84 and ¢rileria for admisslon$ Can be aoxssed are published on the school websile". w4WW.lei￿1DnPark.C0ffi. The 8chool enswes that the ed￿lI)n it pro4vJes Is ￿ restric￿ to tIK)se who Can ofvd th8 f99$. Th8 Bo¥d of Govam￿S ¥1￿ I￿[Sary awards as Imp￿tant in helrArwJ to ensure that st￿￿nts from lamils wIK1v￿UkI olhernkrye not be able lo affNd the fees xess the Ihal the scw offers. Bursary awwds can bg made aWlab￿ to those meel the general enty requwements and are made after assessing parental means eilher before a studert joins Ihe Sca￿ OT to releve hardship when ￿ exi51ing 5tudenl's education would be at risk. for example Thi the case of parwtsl r8durMlaw. H(Mèver. Lthgmon Park S¢hoc4 1$ almost totalty reliant fees and in funding ttszwards it has to ensure that there a balance bth8en fe&pay￿9 paients, rnany ofvrt￿ are makThJconsiderth p￿nal sautftces tofur￿theirchlIJ.S education. arbj those benefib"n9 •rd$. This year the value ol means lesled bJfsari&s totalled £4.467 12021: £4S3.05n. The sthool offerwJ assi5tsnre lo 30 (2021." 33) students ofwhom 1512021: 14) sludgnts benefited from bursaries greater th 80%. The value of means tested bursaries has inc¥eased in part bec4use the comparative figure Indudes reduced scool fees charged n Sw"ng Twm 2021 wtrw the 3d￿01 was cS)sed for seven weeks due to Cowd-19 restrlclions. The s(crfX has made bursary awards lo I￿r thdents frcrfn Ukraine who have b89n fore•d to K•a￿ thair O)mnwnrt￿ due to the on90in9 confiici 0thorA•slBlanc• The school continues to award atsdern￿, art. d￿te. drnma. mus¢ SFQrt. STEAM aThY ethical enterprise scholar5hi)s. Sludents may be •w8rded nkire than ￿ s(K4arship but wll orty reci¥e the fin￿¢181 beneffts of ong which is a maxtinum of 25% of the day slud8nt f88. This year the value of scholarships was £120.68412021: £118,9WJ}. The sthool also dis(x)unts vthwe parwl$ IhT¥• or mor& chiklroft the s¢lM)ol as well as discounts lo ¢hihJren of teathing and supF￿ $taff. Totsl Awarth Thbs year, the value of bursaiies. scKA¥thips. discA)unts. wiz8s othor wards made to Ihe sthool's $tud8nt$ was £1.W.67812021: £1.1%7.717).

LEIGHTON PARK TRUST GOVERNORS, AND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 STRATEGIC REPORT VISION STATEMEMT Leighton Park is a leadng. indeperthnt ORd￿￿￿Onal thy and boarding sccd in Biitain. Leighton Park's central purpose 15 to form ytyJTrJ pwle ol real thaT￿￿er. Inde[￿th￿e confiderKe. with a deternwned desire lo change the wortd. This Ilows (wr ￿1que bknd of deep Quaker vahs. thè mèaningful connecllons belween ow students and stsff. firsl-dass ac•Jemic and pastoral support, and our hdist approach to ￿arning. t￿r inSpYat￿)nal SW)￿ti¥e faM￿y-feel en¥Yonmènt enab￿ u$ to ddNer Jn5iStenlty an exceplional vahJes.based &Jcalion whith to excdknt aci8¥eme￿. REVIEW OF ACHIEVEMeNTS AND PERFORMAIKE FOR THE YEAR The $¢lb)ol remain$ Iru8 10 thg vak$ ofth8 Quakws whith 8nshrwwd in its aims antj fwnded upon the Quaker testimonies of Integrity, Equdsty. Truth. ￿￿1￿9ty. Peace aThJ Sustanabthty. Collect (assembtyl and Meeting for Worship brww the sc)K￿l tcgether at spec4al twnes for ￿len￿ slw)rter periods of reflective 4￿et often pundu•te the xl#)ol day. Al ol this a itk swse of 4rwJ peace that peryad85 Ihg Pth. indude pupil numbers.. staff.'pupil TrlKJ: arademic achiewnwrt.. and fina￿￿al and suslainatility m8asures. The sthwl was Inspethd ty fv I￿jepeNnI S¢lwxq8 liwwX￿a1o in Nmmber 2021. The school was award&J a 'double excellent, stand¥d ol b)th wws. F￿s(￿l develoFrfrtht and Ihe qualty of their academic prog￿55. Thi5 is ihe fitst O¢raSp￿ that LevJhton Pwk ha5 gained the Icy category in al areas of an insp￿tI)n aThJ relkn tr o)ItedJ¥e oynmitmwt ofslLthnts, par￿, staff. govern￿ and Old LeJhlonians. AGad•mk Leighlon Path's SUCC￿ al Key Stsg¢ S has been recLwJnisfjd ty the g0wmm￿l's league tables for Srxth Fomi academic progress. Latest figures shaw it to be the tcp perfomiirMJ Sd￿01 in Berkshire 8r)d 27th in Englar￿ for academ¢c progress. LeiJhlon Park is one of onty eh3ht schcols naticfflalty to awear in the lop 1TrJ every year the league t￿leS te9￿. A W re5ulis in sumer 2022 were vwy pleasing. The cthort recorded an impressiw 74% A"IB rato. Thi8 was a 20% hiu8ase Ihe pre-pandwnk por¢entage in 2019. H￿h scoring subjects induded Maths (8￿ A'￿1. Geography A"18) and a furth8r fNe subieds ￿￿eVe￿ 1(#Yh A'IB wl¥L induded p￿1￿s. Further Maths Cornwler Sc4erth. Students a athieved 100% Distin(￿. in CTEC Swt. L81ghton Pa￿ slud8nts an a%wage cl 33.3 pjints iwirywvJ the sdh>Jl n ￿ne wilh pre-pandgnNc The $ch)ofs GCSE results were ￿s0 very pleasirywilh 55% ￿7 grades. This is in a $tronggr Fvsttion than the 2021 Teacher Assessed Grades is a positive achievernert. Mandarin saw over 72% of students athiewng a G￿de 9. Gemw and Phys¢s h•J ow 50% of 5twJents gaining a Grade 9 or Geography and Math5 had just under hèif of sludents ga¥iiig a (ade 9 r 8. STEAM Isaence. t8thndogy. engineering. arts aThJ maths) subpcas wel wth ￿adeS 7.9 tor Maths 63%, Chemistry 74%. Physics 88% and Biokw 66%. The was deli￿ed b) have a yw of LmIrte￿umed fac¢ lo With le8sMs ￿Med from lockty44n proving invaluabl8 in toThr￿ of rnaxirnisw￿ the bemffts of our IT inveslment. hvJhlJht of our STEAM acvities was a trip to COP26 in Gla5gryw for a group of students. We hosted our first gvor Languages Week and students excelled in Dartt ¢>Jnpetikns. Math$ dwllaiges and det￿lIng fc<ture5. developmenlGYoups coveriThJ a nufflberofacadernicand pastoral obi8dNYs. C(￿￿eCtIOnS have been made with a number of local schools wfrb) will be C•)mmg togethèrfor ffirst e￿ Teathmeet hosted 81 Le￿hton Park In Oe(xmber 2022.

LEIGHTON PARK TRUST GOVERNORS, AND TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Co.CuThku￿r Leighton Park is a yibrant. value5 led leaming ojmfflunty bleThJs academic rig0￿ 7•rilh extraordinary oppcrtunitiès tyjtside the dassroom. &udents have over ￿ different Opt￿n$ to from which take place before. during ￿ after Sd￿1. These cover int8r8sts as diverse as Sport and WellbeiThJ, ST84M, Expression. MUS￿ and Media to A¢defflic ENicment. SkI15. Clubs and ScKietie8 and charit￿￿S￿r£. Many of the a¢b￿lIeS. allhou￿ surfJted by texhiig stsff. are student ￿d. It this lelpl of cr8alMty. action and semce, which mak¢s StUd￿ts ready to p Ih&r the worfd tw)me the eth31 thangemakers oftomorrrm. c￿C#JrT1￿Ia[ at Lob3hton Park Isan expwiential b&am1￿ Fff(grarm￿. enc￿r4￿ng studentsloty n6wtrMngs outside of their comfort zone aThJ de¥ehJp their gifts and tabents. Laryje scale acknb.es suth as Or¢hestr8, Senior Choir, rehearsals for Guy$ ond Dolls. Foolbau and am tc￿ ￿ace regularly every week across year. Smaler. bespce th suth as Warhafflr￿. Boardgames. Coding. Lego RobolTh. Jtwjo and Stressle85 Art are induded lo ensure there 1$ w4rEty a S￿￿31 85peLa to ¥¢lMt$ too. The Duk¢ of Edlnburgh Award ItlofEI pkys an Imp￿trnt part in the k¥ogrwnrr at Ygar 9. Year 11 and again th8 &xth Forni as students are enCO￿aged to move Ihrough the Bronze. Si￿er and Gold Awards. We have dedThted DolE and Outdoor Education Manager ovwseery this pro¥w) and it is &Yothn9 extremety p¢)pul8r posl-cobid. DOE sils in tyjr Chaiits and zone •h￿SIdti the Y(wih Group AMICUS, our studw lod charity fundraising and aclJn group kn whol8 $th￿l campavJns such as Reading Toy Appeal. SimiLarly our Junior and Senior Eco dubs have fc¥ces to gel our Green School award. and our Anti- BUlly￿g and Welbekig Amb￿¢￿$ ha¥ wcrtked t(ywarts Tthole s¢hoc4 aFproach to excall•nt pastwal ¢aw. Our student led SAGE gr￿p has helped ed￿te 8fMI on ISS￿ arcwnd (Y¥ersity. Equity and In￿$10n siJpport8d by the appfxnbnènt of a thversty and Indusion Offiw kst year. Our School Diversity Week celebrated LGBTQ+ equalty ac¥oss the UK and re(th Coll￿ts havè focAtsed ￿ BeloNJing Behaviours and beiThJ an upstander rather than a bythder. Our parlnerships wth Reading FC. Reading Rocets and NATD have air to very popular dubs in sport incI￿11ng martial arts danc. Hwng spe03￿$1 extemal PfovJers has reignite this ea ofa¢tr4ity p)sl pandem Ouiveach As part of our Oulreac and Partnerslmps wogramffle. we oJnliThM to work with a I&V￿Se gThp of kncal schools and ¢ommuNty groups but have ow atten1M￿ and coMmL￿ty hubs for the year. We werg deligmed to be an￿Jnced as ISA Scknl of the Year for Outstanding Community Invofvefflent in 2020 and wcffl forlhe sKond ydar in a rTh¥ in 2021. The sthool supported a raThJe of kKzI chwities duriThJ the year. In ojllab0yalK￿ 7Mth the wIT￿Y Communty Development Association, the Scwl erb¢wrapJ familes to SUPFXt felhjw lamilies in the kn¢al ￿MmunitY wilh Chrislmas gwft t)xes gNen lo those nb)st in need fc a se(yKI year in a row lO￿ther wilh a financial donation. Other Chwit￿S tenefftting frcrfn School luTrJra1￿ng iniiiatives were Redi F¢xl. Launthpad Reading, Reading Farnity Ahy and A￿nder Dewne Chilthen's HosW￿. In Year 10 and Year 12, students look part in a Literacy M8ntorin9 wogrammg in local s¢hools and read to their buddies. In addibon wo a swimming schools partnership in our ryih hxal Y4 students from state schools, offered Meet the Auth)r experiences, W. hc(ey and cricket masterdas￿S with ow SFots leaders. c#)okerylbaking experiencs In Food Tech and bespd(e eM¢hnrt experierKs in DwKe. t￿￿a a￿1 DT. Tha Trs pari of Key Stag8 2 Be Inspired Programme we exte￿1 to sludenls al Foundry College PLyiI Referral Unit in WokiTh3h8m. The schcd has hosbj INSET away days state schcds. offered frae CPD and spaces ts meetings to other stale sth)ots and th¥thes. We hosted a tea paty for Ifxal ¥￿n1¥erS who SL¥)POrtod ers during the p￿deMiC artd have arranged twk expeneThx plaCenW￿ and ttervi8w practic* to students exduded from mainstream edU(31￿)n ¥ia ￿Our￿JS aThl HR deparlme

LEIGHTON PARK TRUST GOVERNORS, AND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Muslc, Drama and Sport We were delighted lo welcorne audwKes ba￿ lo Mawi Hall in ￿)y￿rnber 2021. Students enjoyed perfomiinp on stsg8 deliwng a ratwJe of musiral F¢rfrn￿ ￿ the Sojoislg. cO￿rt and thèn the Jazz Infus1￿$ C￿ce[L In Ihg weslvjious ISA annual ccmnpowlK￿ cl￿￿￿1￿￿)n six of the se￿n pieces entered by Leightiffl Parkwere ￿aced. induding three sludentswnirq tsir calegory. Wo ware very plgased that the work of our music department was reco3nis8d in ihis way. other s￿￿esseS hav8 inthded $tud&nts joining the National Chlthen's Orchestra and the Englsh &oots' Orcestra. st￿Jents perlormed as of the Foyer Jazz Café w￿lIg 8XFWWK￿ wrfessI￿ to deNElop thwr skills. Al the start of the summer ￿)lIdaYS a group of60 $ludents Ira¥dla(I to slown￿ 8 rr￿￿1￿[whi¢h induded p￿￿rmanC al the Town Hall in Ljubljana and the FestNal Bled. Ow perfomi8nce deparh))ents have been acb¥e durlng the year. Vle enjoyed a 8pecta(xMar whole schofl pr0￿Ction of 'Guys ond Odls. with impressive sd desw. artest¥ig and a Ive band performityJ gospel and Latin thythms. Year 11 studenls perfOrn￿ MoJiere'$ French farce 'Tartuffe' with audiences de1￿htsd try the humwr. wondethjl o)slurnes and stsiknng set. Our Key Swe 3 dance groL4)S ¢))mpeted su¢tessfiJly al the ISA Nat)nal Dance Competslffl. Students were also able to enjoy thought. piovokillg wlomian¢es induthn9 lan 1A¢Kekn's.Ha￿Aer at The Theatrp Royal V45ndsor an exclusNe performan￿ of'macbelh. from lo(mg company Bart Lge theatre. A team ofthr9e $tLtdents from Year 11 to Upper Sixth athle￿d a ¥uy cre(lab￿ ttmrd in ts ISA annual Public Sp8aking and Dobatkng Cornpetition. s￿d￿ts are ab￿ to pthp in a wid8 rango of wilh an enw parfidpatbn as ll as competitsc￿. The U15A boys were SU￿￿1 in the GoPefomi mgby league fmal where they local iivals Reddam House. The U15 gir15 I￿X￿Y lean earngj a bronze medal at the 7a.side Nathjnal ISA loumament al the Lee v￿Y Otymyc Pp4k. We wer8 a150 de￿jh1ed that our frst e￿r girfs, rugby fixiurgs look pe fcrf Year 7 and 8 si￿￿entS. On fv nelbal court the U13 team ￿￿ed Ihe IS4 Nats'onal Finals al Rugby Schod wh8r8 W secured thrd F4ac n th8 toumamenL On th8 same day Ihe U18 netball te c￿e first In their pcd at th8 ISA t￿mament at Ihe Unr• of Noltingham. Students who aclieve a rwesentati%E lthel olswl e offwed irnlr#idual ¢oaclMng and additsonal sporting oppwiunbbes via owAdvaTh>d Performer Proyarfffie (APP) Supports Ih•r traiThTrJ tyJtsOde SCI￿1. Fa¢llU The sthool ￿ntInueS to invest in its butdiThJs arKI ￿llIbeS to ￿SUre that $ $tLKlents have the best environment in whK to Durmg Ihe year we cornp￿ the refurtishment ofthe histor￿ pavilion and gralefvlty aCknOw￿dge the 5WOrt of the Old LeightonI￿ Chjb in Wing faclitate this wcKk. We have created a second drnma studio in the histoit Waterh￿e ￿l￿￿'n9 with ex(yling rw OFVOrtUni￿.es fc work. rehearsa$ and [￿anC. To makè the sile more suslainable we have replaced more light￿g with LED. We continue to m3rate dats wherever possible to thg dotvj. re￿￿1vd our Investment in $eNer Infrastr￿lUTe and rellar￿ and rehabi￿ty. Pa•toral Pastoral matters continue to be at the heart of the 8thod. The s(*o(A has a well-(leserved reputalion fry excellence in its paslc¥al ca￿, from safewarding aThl its stsndards wi try)ardiThJ and the Heamh Centre to the way that students f891 about Lwhlon Park Thg enrthm￿l at fv sthool goes from stren￿h to Strength for all students but particularty for board8ts where thi8 has been further enhan￿ by oxtgnding the range of activiiies on Saturdays aThJ &Jndays lo reinfo￿ the students. weekend eXper￿ce ￿ our Irvely and vlnnl boar(ling ¢a)mnMM)ty.

LEIGHTON PARK TRUST GOVERNORS, AND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 FINANCIAL REVIEW AMD RESULTS FOR THE YEAR FN the year ended 31 ALWSt 2￿22. Ihe surplus kn thg Trust and its trad￿￿ subshjiary ¢￿1panY was £2.448.82212￿21.. £332,584). The for this Year1￿4￿ nBt k155es on inNEStmenls of£431.91212021: net galns of £377,456). Th8 tosses on markel d￿ngeS on ow in4$tm￿ts £288,261 12021: gains of £81.016) and our investment portfofK) deryea¥ed to £3.272.076 12021." Mbyeas&J to £3.724,086}. At the year and ￿5h on deposits with a maturity of less Ihan three monttts were £152.93812021: £15225BI and are incI￿le￿ Poll¢y Totsl funds hekj by the Trusl and ils trading subsithary o)nwry al the year end are £18.293.212 (2021.. £15,848.39)). Of the total funds, £4.018,82612021.' ￿6.033) are restrirAed fvrK15 which are expFained in more detail in note 21 to the fffja)oal statements bul a￿ rtot a¥a￿abl￿10rthè general purposesof the charty. £278.188 12021.. £301,087) of lotal luThJ$ are endowed fvThJ$ and are desiwbated fcff schdarships and Izas. £16,426,076 (2021.. £16.429.5281 of tolal t￿mIS IW assets hekj by the Tmst) Telate lo fundior7al ed assets foi the TNsfs own use. Free reserves we Cabwlated as tcrtal funds redwed by en(hy￿ IW￿S, rest￿ l￿ds. de8vJnated funds and lunctonal fued assets k the Trust's use. Thgre wero no fr08 resgw for the groLP at the year. end. The Trustees. is to hoKI fvnds arè SLrff•S8nt ￿ not 8xeesslvo in ordar to fuThJ opgrational requirements and ftrture dovelopment. The T￿￿te&s. p0￿cY is lo hold free re5eryes eq￿valent to three months. annual expenditure. Budgel expeThJituTe kn2022r23 is £14.1m and Ihe pcli¢y WOLdd require free reseNes of £3.5m. The Trustees monilorwothing catya to ens￿ethe sdK)fsfmanc¥al oblp3alp)ns¢an be met. capital n8eds are met by Scho￿ fees rec￿￿ arvj. rf necssary. the agreed bank o¥&rdraft fility. Th8 aim is to budget suffioenl wothng Wtal wrthout the need lo make disposals from realisable fixed a8set investments of£3.3m12021". £3.7ffl1 whth sUp￿rt the unrestrwaed lurbts. •bMnt Pollcy and Oblxtlv•s The prin(xpal thty of LeKJhton Park Tntsl Is the O￿lation of LeIght￿ P¥k Sch(￿. It is the Intentic￿ of the Trustees that all the norn￿1 eypenses of the Sd￿￿1, ¥K4uthng the eosl of sdWarship$ 8nd bursaries granted. shwld bg met from the fees paid in rgskc of St￿Jents attend￿￿ the sthool and from olher income generated fr(¥n use of tho ts¢￿01 p￿￿se5. Consequenuy, the fvnd8 avaibbknftyirw¢sbYth are intwthjlo b• av8ltablgtO SUPFrt)rt kng.tenn future of the school and its d8velopmenl. They are not intended to sUbs￿￿13e operalional c0515, frwwhich any short- term deficnoes are met through ovwdrnft faolibes. As such il is deswablg that thg funds gr￿ 0¥￿ time 81 a rate n excess ollhe inllation rale of those expenses related lo the wnniThJ of a scwJol. The Trustees expe( the inNslmert mamger to take olso¢i. en¥ifwm¢nlal and 8th￿1 issuès of concem lo Quakers. whic may have an on the perf0mW￿ oftre sthoofs assgts.11 is the TNstees' wh to exc1￿Je from ￿ vN¢sknonl p￿11￿$) In￿StMentS in oJfflpan￿S eThJapJ wi the sale or manufathjre ofweapm. that is. pmducts sohj for Milit￿ and par&md(tary use thal arè dèshjnad to kil. maim or desiroy. Investments in c¢mparMes wimarty engaged li the sale ty rna￿fadure of ohol or tobacco. Invèstments ￿ compantes primwdy engaged in Ihe promo11￿ of gamb￿.rWJ. noling that this ￿ a matter of paititsjlar COn￿M lo Quakers Investments in companies that may cause damage to the envmnmenl. U￿esS these companies can demonstrate pob'¥e acbon to their enwornywtal footpri Investments in orynies that exploit lthur. w who OFerate in (yMtries where there are on-going Mol¥tion8 of h￿￿n wvjhts. Inveslmenls with 8 histori¢￿1 re¢¢d ol damage.

LEIGHTON PARK TRUST GOVERNORS. AND TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Lelghlon Pwkwishes to SUPF¥ffi enwrises thal address human rwds I￿￿de. Lwl not limlt8d to. 9ducation. hoatthcare. hr￿￿1Thj and renvwatAe energy source$. The Trustees rnoNtor Ihe pthfmnce of managern againl a benchmark agreed wlth the investment managers from lime to ￿Me. The Truslo98 th8 W to the betKmark8 as apprwate after taking •thtyc8. The investsnent policy and obpcbves are r&i&ved ￿gularfY as part of thè process of reviewing the Trust's inv8slmenl strategy or more frewentty rfthere a wgnfficanl thange in the Trust's orcumsta￿. InV￿lm￿t PorfornMnc• agalnst ObJ•cO (ARC). In this Par1￿￿aTyaarth8 in￿ent retumswere 10.VA oimpwed with th6ARC Balan￿d fvNate Cltent Ind2s PCI of 7.0%. l¥in¢ipl Ri•k• nd Uncertalntl The Twstees of LeWton Park Tn￿t are oJnrK1￿ that al ma￿￿ visks are tirMJ miyated. Tr prinopal uncertainty Klentified by Ihe Board is affordatxlty of the fees for parents and Ihe subsequent risk of the sclbjol not being able to atlrad sulfv>"ent sludents to make the s￿￿￿1 viable. The school ufftnlty has buoyant roll tyjt th& Truslees are not abwt this. ¢S￿l￿Y TAtyth diffiwlt econom¢ heath¥inds. Al prowl. thgrg is ￿ wueased level of urKertainty. partKaiW arcrfmd the cwrent hbJh InflaI￿nary environment whith iryad5 on the s(KKJI's 0)sts. e5pec4alty er￿Y prices. These risks are managed and monit(ed csdy by tr &Jsines8 Cthnmrttee. Ttr sc4Kd is ts)mnMtted lo ¢ontsining costs vmthin its ccrfrfrol and mwketing the 1￿efftS ofeducalAin at fv scwl to polential St￿nts so that fee in¢reases can b9 kept to tho suslainable ieval. A frjrther unc•rt8vity pjentified by the Board is the abAty olthe schfys lo ffjcruit and tetsift suitabfy qualified tsaching 8nd supwrt stsff. Board Mar￿eS this risk by offering pay aThJ ￿dI1￿1n$ in ￿ne wth market noms toggther wtth a Fwibve envwcfflmfjrt Rhk lffjanagwmnt The major risks lo wlM¢h the TrL￿1 and ils tra(ry compary are ex[￿ed are re¥pwl regul¥ty by the Trustees and the SLKK<8 sen￿r off#x8. Rtsks M1entrfnd. assessed and awjrowmte ojntrols estsbli5hed. The key o)ntrd$ uwl by the Trustees e: Formal agendas ￿ all Board Commitlee meetings; Detailed lems of ￿ference for al Commilt8eS." C￿prehensIve strategic plaming. b￿Jgeting and managU￿rt xcountiry: Estsblished organisaknnal Str￿tUre and Ines ol T8p￿￿g. Formal written policies.. Clear authortsation apwovat levds.. and Appropri8te recxubtmenl and vetting ￿￿edureS as ty I￿ tr the ptoleLion of thihknn. Throuth this risk man•Jemenl pro￿$ the Twslees are salisfied that the maiN risks Identrfd have been mitigated wheffj necessary and insur8d t*th8rè approwiate. It is rectwnised thal syslems can prowde 10

LEIGHTON PARK TRUST GOVERNORS, AND TRUSTEES, REPORT (coKfiNUED) FOR THE YEAR ENDED 31 AUGUST 2022 E9￿1 Opptyl￿11le• Leighlon ParkTrust 15 an Equal opport￿llS emplw. It is Ihe Trusl and its lrnrfing subsithiary 0)M￿ny'S poIKy lo treal all emF4oyees and A)￿l¢ants fairfy and equ￿lY regardles$ of th¥ir disabilty. sex, Ta¢8. sexual orientation. marital S￿￿1$. cohyjr. n'onalty. ethnic or nat￿nal ongin. Furthermore the Tru8t and its trathng subsidiary company ensures that no requirewents or (￿r￿￿tIonS are imr)sed without SustMcalion Ihal ￿￿Id disadvantJe intjiwduals soltrty on any ofts alm grO￿￿s. The Frt)ky appliès lo all asp8cas of Empkny•• Infomwtlon Letghlon Pavk Trust has c4Jnb'nwl to invest li peo at all in the oryanisatK)n, as we see this a$ a key fadty in M￿n￿nIng and impro4ryng perfrymarwx in au asperts ofthe tr￿￿inesS. The TTUSt and ils trading subsidiary company att￿heS importance to gjod ccfflunicatwjns and relalions wrih efflpk)yees. Meetings are hekl to fulfil Ills ¢)t¥gabYe when aFwwiate. Fundrnlslng The school undertakes fLI￿raisIng •xwcises from time to tim& using mail. telephone and eledronic approaches. The bjndraising is with former students aThJ their parents (the Old Lethlonfj￿ eommunityl. Any specific or elecaronK funtrak%mg is C￿ty de¢xed at those members of the Ok1 Leightonian communty who have agT8ed lo be c4Jntaded in this Yay through specAfic optin consent urthr GDPR. The sthcd d￿S not Lbse professional lund-raisers or ojnmèrtial wtsopatois to cJry rMI th￿ adNities. The 8cool is registered vthh the Fmd Rakgng Regutstor. There have been rK failures in wilh the rggulatols r8quirèm8nls. FIJTURE PLANS The overall ffinancial is rotxtst gnd the Head Bowd of T￿￿1￿￿ are both ¢onfidgnt ab)Lrt, and ambitious for. the future of Leighton Park. The Trust will c(rfrtinue to invest in ￿uCatIon. facilthes and infraslructure. The sthooi's current StrategK Han is subie(a to ongoiThJ de¥ekW and regular re¥iew by the Bo8rd. The main wiorik$ knthe com￿g ye¥ are: To invest in IT to wo¥ide Ihe Flat10￿ to tsaitale innovth in leath1￿ aThJ ￿arnIng,. To develop Wans for the L))nbwskn of Grtye F￿$0 Inki a Sth F(ffm Sltyty Contr8 th01g school library: To invest in w0j￿. teathiThJ aThl leamiw adr¥rylM. that enhance the at&JemK and wider delv8ry lo slud8nts.' To extend ihe rar4Je 0fact¥ibeS￿ offer the dasSrO￿ f¢¥ l￿derS aThJ day boarder8: To ￿ntinue to be a leading 8cIKol and one for its dlstit)c16¥e ethos: To bafance C￿ and affordabilty. 11

LEIGHTON PARK TRUST GOVERNORS. AND TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2022 TRUSTEES, RE3PONSIBILmE8 IN RELATION TO TrE FIMANCIAL STATEMENTS Thè Trusta•s Iwlv) are th the of Lewon Park Trust for Frtwposos of cx)mpany responsSbta for proparlng tho Tni8toe8' Annual Rep￿t and tr ffin•nts￿ St•tw￿nts In acAxrdanc8 appllcatla law and unit￿ lthwdtyMAc£wnllr4J Sl•thrth lun1￿1 Khjdom Gw)walyPa•Wod A¢Ix￿ntift9 PractThl. Compary law requkgs th8Trusto8s to PTOP8rofinarthl stèt•rnDts ft6a¢h finandal ywwhlch a Intg and fair v￿W of tho stst8 of affairn of iknritallo ctsnpwy th• atvj of th& Incoming r8sourc•s nd appll¢atk)n of r8%xnw. tho in(xTh of ch8rltth fxYnp8ny )r that In prnparfng thoso fin8rclo1 ststerr. tro TnrtWS I￿•d )'. Make judg#m￿ts ar¥J ostimot8s that arn re8sona￿e and wud d8p8rturns di8dosad and explaln8d in th8 firwidal $18temenls'. an PT8pare the flnanad slatements gokng ctyc•rn b8Ots unloss * Is iwprOt￿18 to ￿￿osUm• tr￿1 the charitth con¢w& kn bugnoss. 01 any th8 flnancw position of the chaTitabb& ts)nyry and onablo tham to answ8 that tho finandal st8tomonts i>)mpty the Chwtb¢s A(a 2011 and ts Companl8s 2￿6. They are akn res￿n￿ble Sx AUDITOR In 8ttAYdarTh V•ith Sth 485 01 the CoNwnl8s Acl 20￿. a r0sfylrtK￿ prowtslrvJ the reappJSntment of RSM UK Audlt LLP &$ •Jdlkx lo tho ¢hwltAo wyny wll b8 wt ) tho AnrvJal Go￿ra1 Megli STATEIENT AS TO DISCLOSURE OF PIFORMATION TO THE AUDITOR Is unaware. AddltKing1ty. tho TNstoes haNY laken Iho stw that tw to ha￿ tak¢n as Trusto85 Sn ordorto make th8m aware of any audit inf(wmatiM anrt to •sts￿ISh that charitablo company's Buditorl8 aware of that Informallon. This Ann￿ R•wL wopwad uthth• Chaiili8s P4A 2011 aNI tr Compgnl•s PA 2Cth. was apwov•J by the Trust8es of Louhton Park Trust .3 hM.¢. .. 2022. IndudlrvJ in th8 capaiity as (yjmpany dlrKtors app￿￿r￿j the Stratsgic Report ¢ontsOned thw8ln. and Is ￿gned aB autt¥Jrisad on Its bèh*W ty. Jan Dlgby Chalr of Board of Go¥em 12

INDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF LEIGHTON PARK TRUST Oplnlon Wo have audlled the slalonwnls of Ldghkn Park TrLt (tho 'p¥wt dwllth ar￿ substdl￿OS (tho 'group') for ygar erKJocI 31 2022 th8 consolidated slatom•nt of and notss to tha financlal stalomrt Induding sign6fic8nt a¢cwnti79 pcAlty￿. Th& fin￿¢￿ r8portlrvJ (rnm￿￿rk that has bèèn applthl In th•r pr•parntion w aWic•llo W ond United Aeeaunth Standards. Indudkng FRS 102 Tr Financi￿ R8pNOng Standard thB UK and RoK¥￿lIC of In ow opinbn the finandal 8tat•m8nl&' a truo and fakvi￿oIthè 8t•ts (rfth8 w's and th• Fw8nt chwltth LxKnpwry'¥ affalrn a8 at 31 August 2022 and of tha group's incfjming r8sowc•s ar￿ applK8tkJn of r•SOur￿$. Indudlng its iruYn• and eynd11￿. for th• IhM ￿ded. Pr1￿,. and Bash for oplnlon Vle conductad ow audit in xoJrdonc• with Intwnaknol Slv#lards on A￿li￿n9 IUK) (ISA3 IUKII and Msponsi￿lib8S futho audlloflh•finard stOt•m•th s•dknn ofcwr•Frt W• 4rn Ind•p•nd•nt Oft￿ group and pornnt ¢h8rfl8b￿ c¥)rwny in ao>ydm wlth the ethk¥l reqUweM￿ts th8t are relevant to our audit of thgfinancial statsmfjnts intho UK Ir￿￿￿ng tho FRC'B EthlcaF stand￿ and￿ havefvffilled ourothergth￿I pom1bll￿éS In acAydancathth thè#• rtyuM?lr￿ts. Wo belitrrfo th•tthts a￿11t ovYoncti h8v• obtsln•J bs Sufflo￿t and aPPWate to a ba818 for ow Opl￿n. Concl￿10￿• r•lNtlng to golry ¢onc•rn In audlting the financi¥l ststoments. we haNY that tho tr￿1088. us8 ofth8 gokng o)nL￿ b￿8 of Basod on the wc¥k wo hav8 perf￿rnad. wo havè any matwtsl uncortslnY•s rglating to ￿nts or condthns that. ind￿MIU￿￿ cf coHth. nw casl signLfi¢ant doubt on th• wp's cr poront chartlobl• mpanls ￿IlIty to Lmyntinuè as a for a pwknj of at knast n>)nth8 from Wh￿ tho th& rdov8nl 88¢tK)ns of tl¥s rnptyt. Th8 Other Irrfornation comprises the Infom￿ inthdad in tho AnThJal Re￿rt otr￿r than the financkal statomonts and ow aud1￿8 rgwtth0r￿i. The trust8os arn resp￿s￿le101 the other Inlorrnation contalned %syihin tho Annual ReF#NL Chjr Opini￿ tha financi￿ statèm8nts (loas Njt cov8r thè otfr￿T tnlcffm￿Kjn 8NI. 8xcopt to the extonl olhoM extlldty stthl in (w rwL (k> any forn) of assuronc ¢ondu$ion thw•on. Our re8yxthllty18 lo ro•Y tr clhv Irrf(YmatKm art h) &xk1•r othw Infomiatlon18 matsrialty in¢onsistenl with tho finanrad statements obtain&J in tha course of th• audit or othe￿189 app8w8 to be rn￿aty m￿stated. Ifwe idenufyauch materiftl irK¥)nsit8nd6s orappwent materiol misststsments, we are requir￿1 to vth8th8r thls gr￿S riso to a matarfal misstatem•nt Iri thg m8torf81 ml8Stat8m8nt of thls other Inform•tw. wo am wuirod to rewtthat iw Wè ha¥t to rep￿rt In reg*Yl. 13

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF LEIGHTON PARK TRUST CONTINUED) Oplnlon on oth•r mattern prescrlbed by the COM￿￿1￿ Act 2006 In our opinion. based on Ihe work undertaken in the course of the au¢t.' the infomialion yven in th• Trust88$' ReFrt)rt, whth inckjdes the ￿reCtorS, Report 8NI the Slrategtc ReF4Jrt prepared for tho purp08es of Ccrfnpw lw. for the financaal ye8r for whth the ffftantaal statements are prepared is ojnsistent with the finanaal stateM￿t$. and the Directors. Rep)rt aNI thg Strate9i¢ Rewt wilhin tho Trust88s' Report been epaied in attordanc with applicaNe Segal requffements. I￿ttern on whlch requlr•d to rnport by oxwllon In Ihe lighl of the k￿￿￿ledge and urKlerstanding ol the gro￿ and the parent d￿ritable ojmpany and their etwiionmgnt obtsined in the course of th8 audit. we have not bJenlifi8d rnater1￿ misstatements in tha Direclors. Rewl or Ihe Str8teg¢ Retwi Ind￿jed within t1￿ Truslees. ReporL We haw nothing to repjrt in respeLa of the k4lcvhing matters T￿e the Compan5 Act 2(￿ requires us to report to you rf. in our opinion.. adequate a¢￿Unting have not been the pownt dwiwe ()￿PanY. or relums adequate for our a￿JIt have rh)t tn receNed frtyn i¥ands not Nrysited ty us", or and ietums.. or certain dischjsures ol trustees. remuneration ¥ufied by law we not made,. we havg not receNod all thg infcrfmalron and fjXpkna￿ns we re(yire for ow audit. RMptsn•lbllltle• of tru•tee• As explained more fulty in the Staternnt ol TnJstees' responsiblls sel rMJt on page 12, the Irustses (who are also th¢ directors of the charitable cofflpany for the purposes of c4Jmpany law) are responsibl8 for the eparalK)n of Ih8finaneial statements and lor beiro satisfied that Ihey give a In￿ and fairvbew. and for su intemal ojntrol as the Imstees delemiie is A￿sS#ry to enable the &Yep8r8tknn of fknandal statements that aro free from rnatsr1￿ misstalemenl. whether tkn to fraud or error. In weparing finw¢ial stslwwrts. thg lJusle8s arg assessin9 th8 gn>up's and paront aritab￿ ¢xmpany's ability to ￿ntinue as a gowyj oyKem. disdowng, a$ applicable, matters retaled to going concern and using the g￿r￿j basis of aox)Jmtry unless the twstees either intend to liquidate the group or parent charitable coffyany orlo cease cwabons. OT have no realistic a1tefr￿tp￿ bjl lo do so. Audltorf• mpon•JilitiM forthe audtt olthe finan¢l•l •l•l¢m Our obiectrves are lo obtsin reascThble asswaTr2 a￿ut whether tr finaTri31 stste￿nIS as a whole are frgè from material misstatemenL wh8ther due to fraud or e￿Or. aThJ to i8sue an audilorfs rem that indudes our (winion. Reasonable a￿ur￿ce is a Iw81 of assurance. i8 not a guarantee Ihal an audii conducte(l in 8m)rdan¢e with ISAS (UK) aF￿a¥S a mat¢iial misstatement when rt exlsts. Misstalements can ari58 from fraud or error aThJ are rnateri￿ rf. indmdualty or in the aggregate, thay could rèasonably be expe￿ed to ￿ffiuer￿e the ￿￿O￿￿decIs￿)nS of users taken on the basis ol these financ4al slatemenls. Th• •xt•nt to which the •utht TW•S Comwlertd Gwblt •ldeledlnu rngul•rltle•. Includlng fr•ud Irregularitses are instances of nw4JWkance WTlh Itws and regu￿tiOnS. The objectNe8 of our audit are lo Obta￿ sufficlenl appropriate autht 8vklence regarding ccrfnpthance wrth laws and regulations that have a dirfjci effect on the dete￿in8￿.￿ of materi amounts and disdoswe$ in the fwianual statemènts, to ￿rtornI audit procedures to hdp identify insta￿8 of norKomp4i8nce with (thr laws regulatiM$ Ihal may have a material offect the financaal statem8nts. and to respond appropriatety lo hjenlffied or suspected non. ¢omplance wilh I￿ and rewlAlty￿ thntified duriry the authL In relation to fraud. the obj'edives of our ￿¢Jit a￿ to identify and assess the risk of malwial misststernenl of t1￿ financial statements due to fraud. to obtain suffxnt awopiiate audit evithnce regarding the assessed risk$ of material misstalomgnt duè to fraL¥J Ihrough designiro and implernentwig apwopriate responses and lo respond approwiately to fraud OT wspecled fraud ￿ring authi. However. it isthe primary resFonSibiliyofrnar￿[ with theoNprsighlofthose c*arged with governance. to en$￿￿ Ihal èntrfys operations are coThJucted in accOrda￿ewith the provisions oflaws and reguLations and forthe wevention and deteclim offraud. 14

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF LEIGHTON PARK TRUST (CONTINUED) In idenlfying and assessing risks of matwial MissLe￿ in resped of i￿eg￿rthes. induding fraud, the group audit eThJagement team.. obtained an underslaThJing of thè nature of the sedor. inckNJing ihe legal rog￿lory fram8works thal tho group and parent d￿ritable company operatfj in and how the syoup and went tharitable cfynpany a￿ ¢crtnth"ng with thè al and ￿￿[alory framewcrfks.. Inwlred ol manageTr￿n1. and Ihose with w¥em￿. abwl thr t(lentiflcallon aryj assessment of the risks of rrewkr￿es. in￿￿11¥￿ any kr￿ actual. suspe¢ted or alleged instan￿$ of fraud: discussed matter5 abr￿ Th)n-(x)mpl'a￿e iih laws aTrJ regu￿ti￿S and hcw fraud might occw induding assessment of aThJ where the financaal statements may be susceptible to fra￿￿. AS a result of these woc4dures, we c¢)nsklgr the nx)st ￿nif￿ rewlatknns that have a dtre(I Impaci on the finanoal statenwnls aro FRS 102, Charitres SORP {FRS 102). Conparries Act 20C6, Chariues Act 2011. the parent tharitable cg)mpanys ty)¥emiw dcojmenl and cha￿e3 IProte¢tbn and Social Investment) Ad2016. We perforrned audit procedures to deteca norFo)mpliances which may have a malerial impact on the finanoal statements which induded reMwMng the finanoal statements ￿dUding thg Directors. Report and remaining aert lo nvwor unuyjal transaconswhth may nolbe in accordancewith the goveming documgnts. The most signifi￿ntlaWS atvj regulaiK￿ that ha¥e an inLlrecl iMp8¢X on the finarK?al stsiements are The Erknab"on (Independent SCI￿)07 Stsndd$) Regukb"ons 2014, Keepry Chik1￿ Safe in Ed￿tiOn under secaion 175 of the Educal•)n Act 21)J2. arNI the UK General Data Protedion Regulation (UK GDPR). We perlormed audit woce¢Jres to inqwre of manag6Th￿t ￿ those carged with ￿¥8ManCe wheth8r the chantable company is in CC¥nplia￿e with these laws aThJ wulations and insp8Cted correspondence with regulatory aulM)rili&s. The grovp 8udrt engagement team Iden1￿ the risk of managetrnt oveff1e 01 controls as the aw whe the finanoal statements were mst suwti)le to Malevi￿ fflisslatement due lo tra￿￿. Audit procedures performed induded but were not k'mited to testing fflanual jownal entries and other adjustments, evaluating the businessiatKsnaiein ￿latI￿ toany ￿gnifican( Unusu￿ transadions andtransXionsentered intoout&de the nomial c￿rSe of business. A frJrtherde8criptiM ofour resFrt)nsObthsfortho auditollhèffinart¥al sLemenls 55 on thè FinaThial Reporting Counril's webwte at httpJlwnVw.frC.tyg.￿#￿IrtD￿￿sknfftiQs. Thi5 LIp5CWiPtw form5 Part of our a￿lit0￿S report. U• of ¢)ur r•port This report is made solety lo the parent charitatjle (￿lp￿￿5 members. as a boty. in accordan￿ with Chapter 3 of Part 18 ofth8 Comwiès Act 2DA. I￿[ audilwork has been undgrtaken so th we might st819 to the p8renl charitable u)mpanY$ members those matter5 we are reqirrired to state lo them in an auditor's report 8nd ts no other kxjrpose. To the lulest extent pem¥lttrJ by l, wè do not accept or assume responsbilty to anyone other than Ihe parent thwitable company aThJ the pwent caritable company's members as a body. for ow audit Y)rk. for thi5 rwt. cf the owions we have forn￿1. Egkty Gauagket Kery Gèllaghef (Senitir Statutory Awjrtty) For on behalf of RSM UK A￿111 LLP. StalUWA￿l Chartered Accountants. DavKJson House. Forbury Square. ReadirvJ. Berkshire, RG1 3EU 7 December2022 15

LEIGHTON PARK TRUST CONSOLIDATED STATEMENT OF FINANCIAL ACTivmES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2022 Toll Total 2021 INCOME AND ENDObl•Th4ENTS FROkl.' Charllabl8 actfvM8s: Schcd f￿$ r￿1¥8b1& Andllwy tradlng Irthm OtW ￿Cal￿￿al 13.274.159 241.478 13,Z14.159 241An 12,329,105 177,762 55.419 5V19 54.362 opgrayons 1n.374 42.￿7 1n,374 42.697 75.556 19,360 Govwnmant grants 12263 12.263 167.625 Donalon8 arKI lego8 15.IMX) 3.117,568 1131561 120A79 InNtstm8nts 51.375 86.244 13,861,W23 3.120,510 1Q982.333 13.030.493 EXPENDITURE ON.. Raislng fijnds: Commwcial trading oparakns S¢fr￿1 finandng rxts 105.747 120.092 105.747 120.￿? 73,860 105.580 charita￿ •¢lIv￿O$. operattrwj caxts 13.809.843 67.917 13.877.760 12,895,825 Tolal •xpeThglture 14,035,682 67.917 14,103.599 13.075.365 NET (ExPEND￿uREylNc0ME BEFORE ILO&SESyGAINS 1173,859) 3.052.593 117in4 (44,872) TPMSFERS Nat Oossesygains cln Investm&nts {41I3.013) 122.899) {431J12) 377.456 NET MOVEMEpif IN FUNDS {582.872) 3,OS2.593 122.8991 2.W822 332.584 RECONCILIATION OF FUK)S Funds t￿￿ght forwd 14.579270 986.033 301.087 14846.390 15,513,8C FurwJ$ carrled fonYJryl 278 188 ￿12 158463 Thè stsl•manl offlnonaal athbas cc¥rtains am rwniwl pins and k>sses kn It* yw8nd th• rnsulls roported rdate to c￿linUIng ¢)pernllons. 16

Company Roglstratkln No. 00171900 LEIGHTON PARK TRUST BALANCE SHEETS AS AT 31 AUGUST2022 Grow Trust 2022 2021 FIXED AssErs TangiN6 asséts Investm8nl 88Sots 10 11 16.428.078 3271078 18.429.528 3.724.086 16.425.576 3.282.078 16.428.428 3.734.088 19.698.152 20.153,614 19.707.6S2 20,162.514 CURRETrif ￿ETs Debt Short term InNBSt￿nts ash at bank and in haThl 13 14 3.469.880 152.938 3.741.856 362.951 152.258 3.619.814 3.470.098 152.938 3.6￿.138 442.307 152.258 3.520.554 7.364274 4,135,023 7.313,172 4,115,119 CRED￿oRS.. Amounts falirvJ wltNn om ye8r 1S {6.034.960) (5,351454) 15.994.394) {5.342.486) N￿cURRE ASSETSI(LIABILrnES) 1x9.314 (1.217.431) 1.318.778 {1,227.367) TOTAL AsS￿s LESS CURRE￿ LIABILtFfES 21.027.466 18.936.183 21.026.430 18.935.147 CREDITORS.. Arnofv fallng du& after on8 yo 16 (2.712.948} (2.982.643) 712.948) P.982.643) NET ASSETS EXCLUDING PENSION LIABILITY 18.314,518 15,953,540 18.313,482 15,952.504 18 (21,306} (11)7.150) {21,3l￿} 1107.150) TOTAL NET ASSETS 18293.212 15,846,390 18,2W2.176 15,845.354 THE FUNDS OF THE CHARirY: Unr¢8tri(8d lund¥ Enik)wed tsjnds 13,996.398 278.188 4.018.626 14.579.270 301.087 966.033 13.995.382 278.188 4.018.626 14,578,234 301.087 21 TOTAL FUNOS 18293212 15,846.3 18,W2,176 15,845,354 ac¢¢wnl and relatod notos a81¢ prwre8 9rt￿p aC(yjun￿ Th8 sUr￿S ofth8 T￿￿tfor th8 year lexdudlThJ th8 subshJly) was q446,822 (2021: £3315841 on 2022 and 8Te sign￿1 on tt•ir b8h*t try: 17

LEIGHTON PARK TRUST CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2022 2022 2021 CASH FLOWIE FROM OPER4TING ACTivmES.. NET CASH GENERATED FROM OPERATING ACTIVITIES 1,124.532 849.323 CASH FLOW45 FROM INVESTIN￿ ACTIVITIES.. Purchas8 of langible f￿ed assels Purchase of in¥8slments Receipts from sale of m￿Stme￿$ Interest received Investment income 1992.245) {736.4881 875.338 1.875 49.500 1835.4081 13.953.851) 3,967,950 86.241 NET CASH USED IN INVESnNG ACTP41TIES (8ff2.l￿)j 1735,￿5) CASH FLOWS FROM FINANCING ACTIVlnES: Inte￿$t Paid Proceeds from borrowTws Repayment of borrowing$ Advanced fge sdieme . Re￿pts frc¥n new Contra - Amounts utilised and Tepad (02.501> 121,382) 2.250,IYJO 2.S43.777 {2.262.515) 2,262,515 12.174.314) NET CASH {USED INYGENERATED FROM FINANCINGACTrMTIES (81.239) 2,316,819 INCRBISE IN CASH IN TrIE Ya4R 241.293 2.431.077 CASH AND CASH EQU1VALE￿fS AT 1 SEPTEIABER 3,¥20,943 1,489,866 CASH ANO CASH EQUIVALENTS AT 31 AUGUST 4.162.2 3.920.943 18

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 AUGUST 2022 ACCOUNTING Po￿leS Gm•rnl infomiation TheTrusl prinupalty manages the kn(ynas Le￿￿ Parkschwlin Reading. an independen( o>educational, day aThJ boardwy se(￿￿￿Y 5dKxI. The i￿?)r&￿#tel (aity lrngi$t•r¢d number 00171￿0 and charily number 3091441 is a wivale ¢{#￿panY limited by guwant80 and incLvporat&J and domiciled in EnglaThJ ￿ Wales. The athjress of the ctiaritable ts)mpany's Tr￿Stered off￿e and priropal pthe ofbjsirw 15 LeWIM Path SdM)ol. ShinfkJ Road. Rèading. Bèrkshire. RG2 7ED. The group consists of L￿h10ft Pak Trust aTrJ Leighton Park EntWWis￿ Linytod. The Trust arKI its su￿d￿?ry trading tsjmpany's prinapal &ti¥ibes and the naluro of the TrLtst and its SUb￿diary trading compaws opwatKTh a￿ w) the Govemfn. and Truste8s' Report. BaBIB of accounilng The fin￿da1 statemonts have be4n wepor¢d in a￿Ordanc with th8 Chari￿.. Statement of Recommended Practi￿ lapF4icatAe lo chanbes weparing their ac£owts in accordanc with Ihe Finan(yal RepThting Star4Jwd 8pphcab￿ in the UK and Republ￿ of Ireland (FRS 102)) (Issued in October 20191- (Charities SORP IFRS 1021), the Financial Reporlwig S&￿1[d applicablo i) the UK and RepulAic of Ireland (FRS 1021 and the CtyY4)ans Ad 2(￿. L￿hton Path Twst is a publK benefft entity uth FRS 102 aThJ ha5 therefce applig11 tr rel&vant public berfrt requirements of FRS 11Yd. The fmancAal stalements gre we￿red wi stewlThJ. which is the fvnclThal c￿lferry of the TnJsL Mongtsry amounts in these fmancial statements arg Tounded to th8 nearest ¥thoie £1. except whwè 01h8￿ls8 indut•d. In 3¢wd￿Ce ￿th FRS 102. the TTusl has taken a1vantage of the exempt￿￿5 from the dtsdosure requirements of S￿tIOn 7'slateM￿ of Cash Fkjws, from the we5enl8tion of an indivldual Slalemgnl ofcash Fbws and ￿lated Tr)tes and thsdoxrns. Trefin￿¢•al statements have bew wepafe(I ￿derthe htslorKal c4)sl t￿n￿ltion. modffied to indude the rthlUati￿ ofwlawi fman(ial instruments alfaw The prwK¥al a)))untr¥ rAIIiL¥e5 adopted are set bdow. Grouplknan¢lal stat•mgnts The financial stalernents c4JnsolKlate the resutts ofthe Trust and itswhoty subsidiary Loisthlon Park Ente￿rises Limited. A sepwate stateme￿ of Financial ACtNi1￿ aThJ IrKome and Expenditure AC￿Unt is not presented for thè Tnjst itself in acce￿dan¢t with the exempliws affordgd by $ecb 408 ofthe Companl&s A¢¢ 2fM. Golnq c¢)n¢em The group made a swpFusfor the year of£2.446.82212021.' £332.5841 aThJ has i￿1 assets atthe year end of £18.293.212 {￿21.. £15,846,3W). After makwig er¥Ju￿$ tr Tntstees habe a msonai e¥p¢(ab￿ thal tr& Trusl has sufficMtt cash rèservès and loan faul1￿.8S to C4Jnlinu8 ils for a pe￿d of at least 12 months from the dale of signing these financial 8tstements. As such. the Tll￿tee5 conlxiL* lo adw going ￿rt¢￿n basis for prewng these f￿a￿la1 slatements. 19

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 ACCOUNTING POUCIES (¢ontlnu•d) 8Mi¥ of ¢on•olid•tlon The ¢onsolid818(J fin8ntual ststeTrwts KK4rpwteltr)se of Leighton ParkTntst and ftswfM)Ily owned subsidiary li.g. an 8ntity that the wup clthls its lo goNwn th& finan(aal and operating policies so as to obtain 80)￿m￿ beneftsl. Al financial ateffents are m up 10 31 AW 2022. VAwe neceswy. odNi8lmenl$ arg made lo the financial slatements ofthe subsbjiary to bring th& xcountiThJ usgd inlo ITh with those used by tho T￿￿l Al inlra-group tranwtion$. bolanw and unrealiswj gains on trans¥￿$ b8h¥een thè Trust and lis subsidiary afe eliminat&J on consolhlal1￿. Unrealsed Ioss8s are also eliminaled un￿sS fran5￿tiOn promdes eNrydwKe of an ofthe asset transferTed. Income hool fees Teceiwdble and anc4lFary trading income are ao)yJnled in the period in which the 8ervKe is Pfovided. Gross fees receivab￿ e slated befo￿ deduding I)ur5￿￿5. s(￿Iarships. disL¥Junts. wiz8s aThJ olher alu•Md by the Tntst Other ￿ur￿lI￿al adr411￿8 iK4ude rewtralKJi fe68 aThJ 8taff rental ￿￿m•froM governmentand other wants.whethw.carm￿ gr•ts Or,re¥8n￿. grants. is rOL))b￿ls¢d ¥then the charity has ent￿eM￿rt lo the thjnds. any perfolman￿ condition5 attaced to the grants have Lwn it 1$ probatrJe that the wll be reLNed and the ￿QU￿1 can be measured rek'ably and 1$ not d•fgrred. Legaty i1￿orne incknes residuary gacies noti￿d to th& balance sheet date aThJ received Interest on f￿￿S held on deposit 15 then recervatle and Ihe am(yJnl can be measLwed reliably by the Trust: thos is nomMIIy up(x) N)lth¢alOLY) of Ihe inlero81 pahl cff payab by the bank. Diwdends ore recognised the divmlend has been dedarod and notifi¢alion has been reL%ived ofthe dividend thje. This is n¢xm uprm tyow inVestn￿nt ￿0fth@ dr￿d8nd of the Investment portlolo. Exp•ndlt All expenditure is dyeclty aCCr¥￿ted foron an ￿ual5 basi5and has been dassified wKlerheathr￿s that agJregate all o)sts relaliThJ to the (tegryy. Irrncov•rabl• VAT VAT on revenue expenditure vthith Ca￿0t be rg)Y¥Ered ts induded with the item ofexpenditure lo whkh It re￿8s. VAT ￿ ¢aiNtal èxpendlurè whk ¢anThX ￿ rec)vered is cawklL%8d 8s part ofth& st of acquiring the revanl asseL Grnnts and don•tlon• Grants and donalions alg crethbj to the SlTr￿1 of FvwKaal A(vitss Or￿ there bs adequale rtainty of r8W and •ntb8ment aThJ allocated to the appropriate fuThJ. Fund accounllng Tho Tr(l o)nlw$ ts fdlwrwj fiwNts'. . a) General Funds aiise cArt of operalirwJ retsined xWu80s aThJ are to be used to fvnd capltal expenditure wovid& workry capital. b) End¢vwmrt Funds art Capi￿ frJnd$ hekl to ywate iThxme wP4th SI￿ld be used to provlde $thIa￿1)S arnl bursanes. c) Rest￿ed Funds are to bp used in a￿￿[￿arTh tho reslrKtTh F4ac•J by the extemal provldw ofthe 20

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 ACCOUNTING POUCIES (contlThuodl TangIb￿ fixed ass•ts Tangible fixed assets 8re stated al L))St Igss dewecwkn and any w0vis￿ for iThryMirm8nt. Thè acqui$ltKffl Of1￿M$ wilh a ￿alue exceethng £10.(MM) (4xiali8e(l aml added to ￿ taryibltr a$s•ts. Depre¢iaiTh is provtded ￿ fixed assets to write off the drfference beiween their cost and residual va￿9 over lh￿r eslima￿l useftd erA)n￿ hte on a straight Iwie basis as fdltyws.. Freehold buildings Flx1uT9S and ffltings Plant and equipm￿1 Motor vehiths Compulws 8nd offic equi￿￿￿ 50 yea 5-10yea 5- 10 years 3 years 3 y8ars Depr￿lat￿n 1$ not wo¥ided on freehjld hrwj. Assets uThYer Gonstn Assets in the (xjurse of o)nslrucion arè ￿nied at c¥tst. less any hjent1r￿d inpawmènt loss. Cost indudes wofessional fees and other dire( attithtable c>)sts thal are neceswy to bring the proFrty to Op￿tIng 0)nd￿"On. Depreciati)n ￿￿￿￿enCeS vhn the assets are ready fortheir intended u8e. Flx•d as•et In¥•slm•nts Investments ore slated at market value. Reals&J and unreafised gwny and losse8 on nwe8trnenl8 are credited ￿ debited to the luThl lo vthic the related w)NEsti￿nI has begn alIC￿ted. In th• s8parat& ol the TFUSt. Ihe interest in s￿sid1￿ is measured at ¢osl less wy ats)jmL￿4led impaimient knsses. Interest in subsidiary 15 assessed ￿ wnpairment at e¥th repo￿"n9 date. kny impaim79nl los$8s or reversals of Impamwl losses are rwnwd I￿n￿diatefy in the Statement of Fin￿(JaI Ao#iNitie3. Cash and cash •quivAhnts Cash and Cash equrvalènts cash in hand. d8posits hehj at call rylh bath arKI other short. term ￿qUI1 investments with ￿¥dinal matur￿e$ of three rn￿th5 or less. A¢¢eptsn¢o dgposlts Acteptanc• tsposrts arè paAI to the sc1K￿l to srfure a forthe thihj atthe scocl. Dep05it5 held fomi part Of1￿ 9eneral funds of th8 sdKJl the thibj leaves the sejthl at which winl they are edited ¥￿thr￿J1 wrterest lo the fmal payment of the fee5 or other sums due to the s¢trvJol. D&po$l$ •r• as on thè balance sheet and are cJassif￿d as within one year and over one year based on vthen they we eXp￿led lo be (¥edited against in)me. Flnanclal Inslnmnts The Trust ha5 eleded to 8ppty the woyisths of Se¢bon 11 'B8sK Finaniial Insirumenls. 8nd Section 12'01hef Financial InstrUn￿nts Issues. of FRS 102 lo al of Is finaTh￿l instruments. undertakiws and cash and balan￿. are inrtiaiy rrasured at transaction price induding transxtion cLJsts and are subsery• carvied at 8nKMliseO cost usiNJ the effthe intorost mothod unless the arrangement constiiutes a fnancin9 trans%1￿, where th• final￿la1 asset is ffleasL￿d at pr8serrt vaue ofthe ILfftire ￿e￿pts IsLxunted at a ma￿t rate of Intwe8t. Basic financial liaN￿8$. KKluding tradg aThl othw uedbtLYS and the advanced fee sc*eme are In￿allY r8cognised attransathon unless arrangement fp)nslihrtes a finan(?ng transaclion. wh8r8the debt inslrumert Is measureil at the present value of the fjjture payThents dI5(￿￿ted al a market rale crf intoresl. Debt instrum•nts are sthequenty ￿￿led at amorfIs￿ cosl using th2 effe(tse interest rnlè Mal￿d. 21

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 ACCOUNTING POLICIES Iconthiwdl A provision Is rec¢wis8d in the Balafyx Sheet when the T￿￿t traLlng subsrdiary ￿mpanY have a present kngal or obligalKm as a result of a past ebEnt and ￿ is wobable that an outflow of econorThc benefft will be required to settle the oblgat)n. Provisk)ns. when c¥eated, are based on the best ￿l￿rnatH￿ available to the Board al that pjint of twng. L•ao ¢ornmltm•nts RenlaLs payable urthr cfArnling leases are dHTggd as an exp9￿8 on a Stral￿-11￿ bo51s owthe Per￿ of the kase. P•n$lw tsnds Full-time and part￿rne teathing staff emF4oyed U￿eT a o)ntrad of seThfjce are gliulb￿ to ￿)ntrIbUte to the Teachers, Penwn Scheme (rpsi. The TPS. a statutory, contsibutory, fmal sa￿ry Sthgmg is administered by Cawta Tead￿rs. Penwrts on behaff of the Department for Educa￿On. C08ts Ind￿18 ncrnl and $upWen￿lary contiibulKfflS. The reg￿3T (￿1 is th8 normal c4thbuiion. expressed a$ a per¢entsge ol saw ofa teathw neay entwry seryice. y￿uld defray the cost of beneffts payable in respect of that sev¥xe. VariatKJns from th& fegular pension c)st are met by a Buppkmenlwy contvitrmjtion. Thi8 (￿cUrs rf. as a resull of Ihe rial investwJalion. it is foutMI th81 the $L￿mY1a1ed Irdbilitie$ for benefft$ to pasl arKI present teathers are not covered by nomial ntribubons to ￿ paid in fvlurg aThl by ts fvnd trwitt up from p8St contributior￿. The normal and The Trust ￿ntr￿ule$ to Tr Pensions Trust Lknth for staff. Pr￿T lo 2014. this was in most respecls a deffined ￿￿trI￿A￿lOn arTaThJement wilh an e18m¢nt of guaranteed benefit. &nce Octithr 2013, it has been a solety dthed ccrfrtribulion sd￿rne. The Plan is a Mu￿￿eMp￿Y8r schgmo and it Is not posslble In Ihe nom￿1 of events lo identify the share of the undertyin9 assets belo￿n9 lo the itvlMAdual pwbo'patirKJ enwloyers and a(￿rd￿￿ty. in ac￿l￿arTh Mlh FRS 102. is accounted for as a defined conlrknul)n stheme with contriubons being roc4￿ed a$ they become payable. However. the Trust a150 m&%es rkfK4t contritmjthin payments to the stheme and. athydance with FRS 102. these payments have been meawred at faw va￿e and indud8d in the baanca sheet as a latrfhty. PensIC￿ costs (arged in the Sts1ery￿I of Financial A(¥ities rewesenl contribLrtions payable by tho Trust In the y9ar. Interest and reValua￿n5 within ￿ moVeM￿rt ￿ the fair value of thè Pension SLeme Liatslity are inLaud8d in finance costs. employee b•ndlts The cos1$ of sh￿.10￿n bwwfits we rocognised as a an expense. The cost of8ny ￿USed I￿lidaY wbtilknent isreo)giised in •) whK ts ernph)yee's seThi¢es are received. Tellnination beneffts are rtcognised immediatety as an exFnse when the Trust is demonstrabty ciynmltted to Iwmlnate the empty￿1 of an em￿oyee or to probTrae temiinalK)n beneffls. Gov•rnmonl grants Govemment grants are reccgnised 81 the fair value of the asset r￿r4ed or receivable whèn thère is reasonable assur8Th￿ thal the 9ranl b8 met and the sY8nts WIN be r￿eNed. A grant that specifies performance Tecognised in irKome when the performance Cl￿ditIonS a￿ met. ￿ere a svanl thxs not SFeufy performance ttThMions it Is rwnised in In￿Me sab"sfied is recogi¥sed as a l￿bl￿ty. 22

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMEMfs (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 ACCOUNTING POUCIES Icontinwdl Fund accounfjng Unre$tri¥#gd funds w bg Lwd in with the thwille ￿10th￿S at the disc40licffi of the Board of Tmslees. Restricted funds are funds subpct to condilions by 0￿￿$. The pwposg and use of the restricted furKJs are sel out in the notes lo aco)ut)ts. kncxmls un5p8nt at the year end are ned fO￿ard in the bal￿ sheeL The pgmwnwl 0ndo￿tlund isa sp80fKty￿ofreStr1¢a8d l￿d.?￿Il ranThJt bo spentasinctsme. Instead. the furKls m￿t te held Frnnty to Kwoduce 8 rdwn for Trust CHARITABLE ACTNMES a) Schtsjl fees receiv&le 2022 2021 G(Dss fees Less". Burs8rées, 8cM8rnhips other thscthnts 14,338,837 {1.tfj4,6781 13,3,822 11,(fi7.717) 13.274.159 12.329,105 b) Ancallary tr￿1r￿￿ bnoj 2022 2021 23.985 153,511 Sclw)ol Iranswt School trip inojme 241.478 241.478 177,762 All income from ￿rA1¥Y tradvy ￿ the aThJ yw wa$ ￿r¢s￿l￿d. c) Oth•r education￿ ctsilable a¢r¥i 2022 2021 Regislralim fees Staff renlal income 52.1 2.262 1,919 55,419 JI ￿1c1)me frcffi otsr educaliwl th¥abl9 the ￿Erent ar¥J rAior yeaT was unrestr•knJ. 23

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Z022 2021 Ccffonavlrus Job RelerrtK Scherne gr•rt Coronavirus Business InleThuption Loan Scheme 124,860 42.765 12.263 12263 187.825 All income from 90¥gmmwrt gr￿ in th8 cuThgnt and prKYygar was unTestricled. The Trust furfoughed some of its svppNt. welfare ar￿ anclary trading Staff ￿der th• gov8mmonfs Coronavwus Job Retentw Scheme {CJRSI whith oimpensaley emptyers for part of the wages. associated national i￿L￿anCe contribulions INICS) and errployer pens￿) t￿nI1￿￿K)nS ofemployees who have been Fdac8d on furbough li.e. placed on a teffwrary leav8 of abser)¢e from w(wknng for ernpbyeT}. The grnil ts condrtional the emWyees beiThJ employed and the Trust's PAYE payroll. Furfhemiore, the emthee ¢annot Ik) any wort for th'r employer that makes money or pThide$ Ih8ir gmFloyer or organisation lired or assodalei1 with theor èmployw. There are no unknifilled conditions or (¥ntingencaes attac8d to the grant. The tunding WgNed in t or year of £124.860 rdates to staff ￿$ts in respe¢A of 70 staff in 2021 whi¢ are Ind￿ within note 6. Tho Trust Trceiv￿1 a (ksc¥elicYw kvant d £12263 (2(f21: £42.765) from the govemmonl as part of the Coronawiru$ Business Intomytion Loan scheme ICBILS). In the1ern￿ of the loan the govemmenl pays the first 12 nK￿th$ of interest dKedy lo the lender akng the kjan w1￿9ement fee. We have recognised this a￿stanCe as a ￿¥￿ent grant n the Statement of Firwicial Acb¥ilies. Further detals are 1Th1￿led in note 15. INVESTMENT INCOME 2U22 2021 Interest and invesknent uirx4 51.375 86.244 Income frryn fft4wtTrwntswas£51.375 {21r21: £86.244) ofwlw £2.942 restrKled12021.. £3,188) and £48.433 was unrestricted (2021: £83.058). 24

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 EXPENDITURE 2022 Staff Costs D•prn¢latlon Oth•r Totsl Railing fund• Commerual IradN operations.. Lèighton Park Enterpfi School finanong costs: F￿ar￿1r￿j u)sls In¥e8tmenl manag8rnent 75.464 105.747 102.986 102.986 17,11 17,1 1%.556 225.839 Charftablg actlvltlo* Sthool operating c%)sts: Teathing costs Wdfare ￿$ts Premises Costs Swport costs 5.265.074 284,482 1.049,639 1.087.443 223.110 256.551 492.fJ)3 1.172,797 1.822,588 1.708.638 S,980.187 1.713,830 3.237,192 2.946.551 I￿.470 7.688.638 S.1￿.026 13.877,780 Total expenditwe 7.718,321 935.6 5.391,582 14.103,599 25

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 EXPENOITVRE1¢4Nrtlrnthl) 2021 Total R•l•lng fvnd• Commerual trajlng operalions.. Leighlon P• Enterprises School financKw ￿SIS.. Finanryro costs Investment managwnent 20.(K13 53.357 73,960 88.488 88.488 17,092 17.092 158.937 179.540 Charftabl• actfvlllo8 Sd)¢)ol operatiNJ costs: Teathing costs Wellare o)sts Ancillary tra(thng (Thts Premises costs Support ojsts 4.912.275 256.584 202.877 157.424 413.893 837,357 5,529.045 1.251.365 336 3.388.480 2,726,599 999,018 952,928 364.727 184,255 2.024.735 1.589.418 7.120.803 SNJ9.283 4.885.739 12.895.825 Totsl exPen¢￿tUre 7.140.81 5.024.676 13,075,385 AJI expe￿Illure relating to rai%rKJ fLThl$ was lywestric￿ i) the ￿rrent and prior year. EXpendilU￿ on tharitaue adi¥itses vras £13,8TT,780 12021: £12.895.825) of whvth £67.917 was restricted (2021.. £11%.1￿) £13.809.843 Wds unr8strKthI (2021: £12.789.756).

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMEMfs (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 STAFF COSTS 2022 2021 Wages arnl s818ries Swal se￿[lIY costs Other pension costs Apprenticeship kvy 6.202.616 2,440 .230 15.035 5.7(6.661 543.924 876.1CkS 14.115 7.716.321 7.140.8( average mortNy numbu of Fwsons empkny&J by the by th8 Tru81 during the year was". Group Tnmt 2022 2021 2022 2021 Teathing SuFVOrt Premises and w8lfarg Anollary trading 1rA) 53 57 53 57 215 214 204 Th¢ number of employees ￿se emokThenls as dthed for taxalK￿ purposes amoLntgJ to ov £60,000 in the year was as foltr￿: 2022 2021 £80,001- £70,Crfh) £70.001- £80.C £80.001 - £￿.ClY) £90.001- £1￿j.0 £140.001- £1￿,0(￿1 £150.001- £160,CQO Relirem8nt benefts of £132.768 (2021: £131,943) are acauwu lo 512021.. 7) of th￿ members of slaff under the defined benefft Tè8¢hws' Pens￿￿ Stheme arK1 of £17,182 (2021.. £16.4261 to 2 (2021.. 21 WKler The Pfjnsions TrusL NoTnJstees, nor per$￿ts connectsj wilh Ih8m Tecoiv•J any rem￿￿ration orother benefitsfrom the Trust or any c(ffln￿aed oryarwsat S Tru$tee$12021". none) were reithrsed eypen5es for trv¥EI tdallng £676 (2021.. £NID a￿1 for traiThng totalling £4￿(2021.. £1,012). Key management personnel as detsiled the Refewt* arKI Athninlstr8lI￿ DetaHs on page 2 received aggregate reMUnernb"c￿ Onthjdry emptyer pensh)n corrfrlb￿￿nS of £653.414 12021: £578.148). 27

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 SCHOOL FIMAMCIMG COSTS 2022 2021 Bank tharge5 and interest Pensions interest C051 Bad d9bl pro¥ision Investment Man￿eMent fees 74.764 (332 28,554 17.1¢ 04,147 517 23.824 17.092 120,092 105.580 Banktharges ￿ wrterest ThaKlesfees and interestof £12.263 (2021: £42.765) In rela1M￿ to the C81LS kjan whth were cO￿re0 by a gov8mm8nt grail {see nots 31. NEf INCOPAEIIEXPENtXTURE) N8t incoffld(eXp￿d1￿reI is sts18d after dwrgv¥J.' 2022 2021 AuditL$ r8mLmra - SlatLrtory audit ofthe financial slm•rt$ - Other non-audit servKes . Taxati(￿ ccrfnpliance sffiryceB 19.268 17,480 5.670 725 725 Owaation Operatry lease renlab 995.697 171,192 ,883 246,5 TAXATION Le￿￿t￿ P*k Trust is a aThl 15 enlilknj lor th8 {￿￿￿nI yw to thg 8xwnpti¢￿ provided by Seclion I￿1)me and Ctypornti)n Taxes Ad 1988. 28

LEIGHTON PARK TRUST NOTES TO THE CONSOUDATED FINANCIAL STATEAIENTS (COIfflNUED) FOR THE YEAR ENDED 31 AUGUST 2022 TAllmEFI¥EDASSETS GROIJP r•tyi Cos1 At 1 Stytwqr3J21 18X).139 42.1J7 3.M561 1.514 10,189 3.C47.9 27￿￿.730 992.245 Dpoya1 Tr￿SterS (1&169> 101S.7711 1m5 At31 •w12022 165A71 3.617&10 10.015 2.513.173 15.486 clalon At 1 sweTrer￿l Intheye &>XS57 1.710.745 2.SWJ.65J 231.S>7 10W29Z 1875.TrT> 115.1691 1817T71 {2.1Ql4 At31 SM577 1.610240 9N8.410 N•tbook¥4lu• Alal AwrJ•t2•22 165.4T1 1.C•X*.iXXI 12ffi14n4 16.428.076 N•1b¢￿k¥1IU• At 31 Awst2•21 ie6.488 1ml.iYXI 12.8J7.SY2 1.679M18 117J42 16.42&.S2b

LEIGHTON PARK TRUST NOTES TO THE CONSOUOATED FINAN¢IALSTATeMEiirs {¢oirniwi FOR THE YEAR ENDED 31 AUGUST 2022 TA1￿IBLe R¥EOASSETSl¢on Tail eoKI At 1 Seth2021 10241139 41137 IA12.148 19.109 3.097.WJ 27.•)4,4BO 9Y2.245 (2,105,4•9) Dthpo Trai IB77n> 111&7711 11.01¥ 1.015 At31 WJ722 16471 m.677 IS13.173 26.2912JB At 1 Septwnt•r2021 ¢￿￿aIn￿+ 5.X12.M7 19,189 333 10.976.C62 895m7 $7 7&7771 11&11)Wl (817111 .105.489) 131 j￿2022 61107 1,888.864 885,efjo 1C•.sni 18.423.J76 N•tboO*v￿w• At)1 Au9Ubt loti 1&3.486 12.WA62 Im.716 117J42 10.W.428

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 11 INVESTMENTS Group Fund G•nernl Fund Totsl At 1 Septwiiber 2021 inththng cash Less openiw cash 148.829 (7.044) 3.575,257 (141.827) 3.724,086 {148.8711 At 1 Septembw 2021 less cash AihJition8 Disposals Revaluati￿8 141.785 10,280 (11.7501 0,8041 3.433,430 726.188 (1,007.2281 (267.45D 3.575.215 736.468 (1.018.988) (2882811 Llsled on UK SIc￿k EX￿￿nge or in Open Ended Funds 119.501 5.957 2.884.933 261.685 3.CX)4,434 267.642 At 31 August 2022 125.458 3.146.618 3.272,076 Hislorfcal c¥)st (li51ed In￿SIMe￿S only) 133.591 3.150.017 3.283,e INVESTMENTS Tn￿t Fund Genernl Fund Tol•l Al 1 September 2021 wKJding osh L8ss opening rash 148.829 (7.044) 3.575257 1141.827) 3,724,086 1148,871) Al 1 September 2021 less cash Addit￿$ Dlsposals Revalua11(￿5 141.785 10.280 (11.760) (20.804) 3.433.430 726.188 (1,CK17,228) 1267.457) 3.575,215 736.468 {1,018,988} (288,261) Listed on UK Stc¢k Exchange Open Ended Funds Investment in subsJiary 119.501 2.884.933 10.000 261,66S 3,CrfM.434 10.(M)O 267,642 5.957 Al 31 Auwsl W22 125.458 3,156,618 3,282,076 Historical c¥sl (l￿ed jn¥e8t 0￿y) 133.591 3.150.017 3,283,608 The investments are either li51ed on the UK St(¥ Exdwge Open En(led Funds ex￿p1 £10,00012021.. £10.0001 ￿￿￿{MeNt in the tradiryj sub$KI￿. Lwghlon Park Enterprbses ￿￿￿ted. Ihis represents 1CYA of its issued share capital. C88h ewfvalerts ￿ depogi a maluiity crfless than three at the year end wtte £152,938 12021.. £152.258) and are included in short term investments (see note 141. The￿ We￿ no ¢xsh depo&ts wrth 8 moiunty of mNe thon three months. at year 8nd. in either the current or comparalive year. 31

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 11 INVESTMEIffi8 Icontimwdl Cash at knkand In h￿d Indudes csh ewrAlents 0ndep0sitw￿h a maiurityofless than tree monlhs Ihol arg held in Squidity ￿rp￿s. The subsidlary PTovpJes knsure arKI r&xeat)nal ￿ rnainty to young peWe and donates ils annual taxable profts lo Twst under Gift Aid. The Gift Apj I￿￿tion Ihe year ended 31 August 2022 was £66.64412021.' £1.$98). Its results for the year wete: tumover £172.37412021'. £75.5561. C051 of sales £58.688 12021.. £41.62n. cperating expense$ £47.059 12021: £32,333). interest receivaNe £1712021.. £2) and net assets £11.036 (2021.. £11.0361. 12 SUBSIOIARY Holdlngs ofmor• than The Trust holds more than 20% ofthe share in the company: Company Sham hold Suhldl•ry Und•￿￿￿9 Leighlon Park Entwwses Lwnited LevJhton Park Schjol. Shinfdd Rood. Re•Jing. Be￿$hire. RG2 7ED Dlr•ct Inthrn¢t Company No.. (YJ1W13 The winapal actmty ofllms wxlertakwy for the la relevant fmMial year is as folm". Company Prfndpal a¢Uvlty Leighton Parft Entwwises Limited Prowsion of ki5ure and rec¥eaknl 58p4w mainty to youThJ 13 DEBTORS Group Tru•t 2022 2021 2021 128.724 188.811 96.727 109,541 Am(￿nIS by grtyjp undertakings Other d8bto p￿paYments and ￿Ued income 44,￿1 102.999 138.626 52.882 102,999 3.237.957 141.258 3.225,469 141,258 3.469.680 362.951 3.470.096 442.307 32

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 14 CURRE1￿ ASSET INVESThIEIITS Group Tr￿t 2022 2021 2022 2021 Cash equbvalents 152.938 152.258 152,938 152,258 IS CREDrroRS: Amounts falllngs du• wlthln on• y•ar Grow> 2022 2021 2022 2021 Trade uedikns Taxalkn and socaal seu Fees in advance Other crethttys Accruals Deferyed in)m& Deposits repayatAe Athanc8d fee scheme Bank loans 338,173 130.583 1.5(6.732 154.216 193.230 208.885 145.456 1.PAI).322 147,656 484.385 338,173 129,917 1.5(6,732 154.216 183,928 154.071 1.6(Kl.322 147.656 S15.836 413.913 2.543.7ri 429.505 2262,515 337.￿) 413.913 2.543.Tn 450.tIJ) 429,505 2,262,515 337.500 6.034. 5,352,454 5.994.394 5.342,486 The advanced fee SLeme represents an￿￿nts paNJ by parents of Ihg St￿nts lo rxwer thg fees for thè th￿Ie of the next ac&Jemic year. Duriro the yeir. the Trust applied f¢ and recel¥ed a k)an of £2.250.CO) from the Coron8¥iius Business 1nlerwpb.on Loan Scheme ICBILS). The c￿rrent of the loan 15 included above In bank loans and the arn￿nI fall1￿ due in than one ye* is dts¢b)sed In note 16. The loan irKurs interest at 2.09% above the base inlerest rate and has been repayable in instalmerbls starting from month 13, December 2021. The loan wll be repahl in full in Nobwnber 2026. The Sgwred by a fixed and floating tharge O￿the trade arKI assets ofthe TrusL

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 16 CREDITORS: Am￿nIS f411ng du• ts move than one TruBt 2022 2fJ21 2022 2021 Deposits r8pay*Ae Bank loans 1.212.948 1.5￿.0￿) 1.070,143 1.912,5 1,212,948 1.5C(I,C 1.070,143 1.912.500 2.712.948 2.982.643 2.712.948 2,982.643 Amourts above whirl) fall after y￿5 are as fdknvs: Group Tnot 2022 2021 2022 2021 Amourts repayable by Inst8lmenl8 112.5(M) 112.5tXJ 17 DEFERRED INCOIIE IIMCLVDIIIG FEES IN ADVANCEI Group Tvu•t 2022 2021 2022 2021 At 1 September2021 Released from Pfevious years Amounts deferred in the y 1.￿.732 (1.gA.732) 1.8￿.822 1,221.885 {1221.885) 1.￿,732 1.506.732 11.5LX.732) 1.600,322 1,221,885 11.221.885) 1.506.732 At 31 AwJust 2022 1,6(K).822 I.5￿.732 1.eoo.322 1,5[￿,732 Deferred income is made ￿ of r￿01￿ in adym for AUlun￿ tem fees in the 2022123 sch￿1

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMEKfs (CONTINUEDI FOR THEYEAR ENDED 31 AUGUST 2022 18 PENSIOMS Thore are penstoll 5drn￿ a￿lIable to cortain eftwloye8s of the Tn the Te•ers' Pension &hgme. and a gro￿ occupathNial pensbjn Sd￿Me. T￿¢hOrn, Pwmlon Sch Th• School part￿Apat•S in the Te￿her$. Penson SC1￿me nhe TPSI for ils lèathing staff. The pension tharge for the year indudes c¥)ntsibulions payatAe lo the TPS of £784.690 (2021.. £722,054) and at the year-end £90.396 (2021." £82.155) was acuwj in re5peca of ojntri1￿tl)n8 to Ihos sdwme. The TPS is an unfur#Jed M￿l￿emp￿Yer deffin8d b8nefits p￿slon sceme go¥Èmed by The Teachers, Pensions Regulations 2010 las amended) and The Teartrs' Penslm Scheme Regulations 2014 (as amended). Members ¢(M)Iri￿le on a "pay as you w" basis with c￿1r￿￿￿onS frorn members and the em ￿0Yer being ryedrted to fv Exthoquer. RetY8ment arbj other pensw)n benefts pabj by publk funds prowded by Parfiafflent. The Gov8mm8nt Aduary. usiThJ nomHI acuwHI wrn(xfv. (xXK1￿￿s a formal acauarial ofthe TPS in ac¢ordance with the Pubfjc SeM"¢e Pensions Ivaluattons and Enwloyer Cost Capl Direcons 2014 published by HM Treaswyew4 years. The aim ofthe re¥ie 1510 speufyihe thl offrjlure cc4)lribut￿n$. Actuarial scheme valuatKJrts are dependenl ￿ assumptwJns tht the waluo of future cosis, design of beneffils and many othgr f•Xrm. The latest ￿lUalia7 ¥a￿at￿￿ ofthe TPS was carried out as at 31 March 2016. Th¥ valyalion reFyI was pl￿tIshed by the Departn￿rt for Ed￿tion on 5 Marth 2019. k¢y •I&m￿ts of the valuation and subwuenl o)nsuWation we.. Total stheme liall1￿"e5 (p￿SKyn$ c￿enIty payatAe and the estlmated ts)st of frjture benefits} of £218 t11￿)n Value of notional assets {ests"mated ftrture o)ntribut￿$ togthr ryth the prrKe8ds from the nrAlon￿ I￿￿$1Ments hdd al thg valUat￿)n dale) of£196 bilhjn Notiwal past ser¥i¢e defKil of £22 b￿1 Lli%>Junl rate is 2.4% in excess of CPI As 8 resum of the valua￿. emther c4JntritMJt)n rates were set at 23.68% {IrI￿1￿ a 0.08% adminislratKJn kvy) of pens¢**￿ pay fr¢#n S•pt8nty 2019 LYMards (compared to 16.48% duiing 2018119). The next valualion bosed cm data as at 31 March 2020 is and any ¢Awiges to contrlbuilons wll take effe¢l in April 2024. A ofthe fdluatim rew)rt ￿ suppoitiry thxumentakn 15 on the Teathern, Pensw)ns web8Ie.

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 18 PEMWNS IcontlrMRd) Pon￿on Trust Gvty•rth Plan All $Uk¥JOrt stsff aro enliM8d to mwnbwship of tr PenS￿)n Twsl Gr(pth PLgn fthe Plan"). Thi$ is a mulli- employw p8n&on plan. which in nTh)st respects isa mcM)ey wnywe arraTh3eTh￿I. al1h￿9h it dc•s indud rtain guarantee elements 88 beknv. Contrlbukn$ pahj inlo the Plan up to and incWNJ Sefviber 2001 were to dgfined aM(￿nIS of pension payable from noThal retr8ment dates. From October 2￿1 1>)ntrikxrtions were Thested in personal l￿dS habE a ca&¥tal guaranlee a￿1 whith are converted to pension on rets"remenl. either within Plan or by the ofan anniity. The Trustee ccrfThni5sK￿S an ￿t￿la1 valuatic￿ otthe Pkn y￿. The pUry￿se ofthe actuarial Va￿allon is to detemiine the fijnding position of the Plan by comparin9 the assets with thè past seN liabditias as at th9 ¥alualK)n dale. Asset valLW are cabxlaled by referen￿ to market levels. Acuued past servic& liabiif(ies are valu8d by is¢ounting expefAed futwe benefrts payments using a di$￿￿nI rato calgjlaled by refere￿ to the e)pe¢aed firture Investme￿ relums. Th& rul&s of the Plan UN¥e ￿ Trustee the to requre emptoyers lo pay additional c>)ntritwl￿nS In order lo ensure that Ihe statui(ry f￿￿an9 objec1r￿ under the PensKMs Act is met. The statLttory funding objeclive 1$ that a pensMM sdme ha%t suifKaert assets to nwot its past 8efyice IkgbilTlies. kn￿n as Tèchn￿￿ Pro¥isKJns. Ats the last aLtuaiial valuatJn ￿e￿aled a the Trusteg agreed a recobery p&n to elThnw￿t0 the d8fial ovef a specrfled period of time by way of additK)nal ¢￿trI)ul￿S trom ￿)￿eTs. A full acuaiial yalLmt￿ of thg vrns carr￿d cmrt at 30 SeOwnber 2017. The market valuo of Ihe Plan's a$5ets al the valual•)n dalewas £794.9 milion and the Han's Provisions {i.e. past servi Ilabllllles} were £926.4 n¥Nion. The vakJaI￿n therefore reveakd a shortfall of ass8ts e4)mwail wlh the Y4lu8 of lialxlib8s of £131.5 milK)n. equivalent lo a funding level of 86%. Lo￿l0n Trust pam1 ¢onlitAitm at the rate of PA trknllwy £1tr2.368 (2021.. £147,961 {VA)) during the wxunting period. Atthe ye8rend. contributi￿5 totslIN￿ £1.540 were due lo the Trust and are induded Wbthin debtors (2021.. £22,314 uryid conlrtsJbons and )duded within c¥editors). Members contribulicffts were paid al the rate of 5% the accounting wicxl. L¢ighlon Pth Trn51 has also paid defi¢it nlributions of £21.486 (2￿21.. £29.623} during the pericJ ￿der revi8w. as rgquwed by Ihe Trustees of the Scheme and it is expeot¢d Ihat these ￿lInue for the foreseeabbe future. As at the balance sheet dale there were 99 (2021.. 1021 actb¥e m8mb8rs of the Plan wnpby8d by Laghton pa￿ T￿￿t. Leighton Pt4k Twsl Continues to offer membershp of the Plan lo its enwlQy￿. The nel present vahje of the drfKit ca)ntrily)Iw￿s that Thln be made by L￿h1£￿tr Parf( Sdwl have been acuued and al the year end the Ikabilty was £21.3Cn12021.' £107,19J).

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 19 MOVEMENT IN UNRESTRICTED FUNDS Group Trnn8f•rn and othor gainsl 1108s•s) At1 At 31 Augu#t 2022 2021 General fvnd 14.579270 13.861.823 (14,035.6821 1409.013) 13.996,Ya8 Tru•t Transf9rs and othor galn81 In¢(xw Exp•nthiw• (lomesl At1 At 31 August 2022 2021 Gen8ral fund 14,578234 13.756,076 (13.929.935) (409.013) 13.995,362 The Gerwal Fund represents the rel￿ned surFduses Ihat haNB aC￿m￿l•t•￿ wr tho years that the Trust has b¢¢n operating. The General Fund is used to fund ¢aPMtal elrthdrturo and pmMd8 working caytsl. Unro•trktsd Iwd¥ prlor year Group Trnn8f•r and other galn {loMe•l At 31 August 2021 2020 General fuThJ 14.250.728 12.921.541 I12.￿.2￿} 376299 14.579.270 Tru•t Trnrb•fern •nd oth•r galnsl Ilosse•} At1 At 31 August 2021 IMoffl• Expendltuv• General thjnd 14.249.6Y) 12.847,581 (12.895.336) 376.299 14,578,234 20 MOVEMENT ON ENI)OWMEMT FUNDS Group and Trwt Transfern and othor gainsl At1 S•pt•mb•r 2021 At 31 Augu8t 2022 In¢on Expondltw• S¢olarnhip aTrJ Prize ftjnd 301.087 (22,8991 278,188 The SC￿)larShip aThJ Prize fund is a pevmanent endtrfftnl whth. by pemi1ss1￿ of the Charity Commission. afflah3amatss a number of 8m?IbBr Trust funds. Thè awd Ca￿ value of the al 31 August 2003 w•$ £250.Cth. The income frcth thisfund of £2.942 (2021: £3,186) is aVKKated Io Testiaed fund5 to pro¥ide 8¢holarnhips and rsoTie$. 37

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 20 MOVEMENT ON EMDOWIAENT FUNDS {conlln Endowmentlund¥ prforye•r Group and Tnmt At1 At 31 Augu•t 2021 and othgr 2020 scolwSh￿ and Prtte fu￿1 1.157 301.087 21 MOVEhlENT IN RESTrICTED FUNDS Group and TnMI Tran$f•rn and oth•r 31 August 2022 2021 Expththlurn From Enthy44ment Fund- Sthdarship and Prize fw Dwgs fv￿1 Bursary fvnd Pavilron Scknil House donab Musical instrument fund Head's di5cretionwy fund Acadern￿ deparlrnents Other fvnds The lan Austin txnary fijnd 2,942 (2.942) 5,150 9]5.911 5,150 951.226 10.150 2,338 1,828 5,181 29,707 13,046 3.(M)O,O()O 103.418 10.150 158,103) 1.826 8.892 31.868 10,048 (3.711) (3,161) 3.LN)).IiKI 3,120,510 (67.917) 4.018.626 The otrr fiJthl5 relate to a Yaiiety of restrhd thnall￿S reca¥d by the Twst. In Odobgr 2022. L￿h¢On PwkTrust re￿i￿ed £3ffl as an wrterim payfflent from the eslole ofthe late Bryan Aust#i, a pa￿fit of an Old LeightorHan. The money has beenlgft to the sth)ol for burwies in the memory of his son, Ihe late lan Auslin. named The lan Auslin I￿r$¥Y fuThJ. The Trustees would like to reccwd their sincere gratitude to the Auslin family, and lo the exerArtNS KI trustees of Bryan Austwi's lor their gen8rosty lo Leighton Park Trust and its benefri•ie$. Furttter payments are eX[￿ted from the estate but thèso wnol be rdiabty measured and so have not been reoJgi¥sed in th8 ￿rrent year. R•Jtrlcted fund• prfor yur Group Tnwt At1 S•pt•mb•r 2020 Trnnsfern and oth•r ing At 31 Augu$t 2021 From Entdowment Fund- Scholarship and Prize fund Dwgs awareness ftmd Bursary fund Pavili( School House donalic Musical instrument fimd Hoad's dIsC￿l0n8ry ACleM￿ departments Oiher fiJr* 3.186 13.186) 5.1 1.587 5.150 905,911 156.566) 137.415) 38.415 2,338 1,826 8,892 31,868 10,048 10.302 30.899 10.048 15.41 (1.r261 (1,7661 2.695 1.7e6 3,150 1￿.952 (1C6.069) 986.033

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 22 FIIIAMCIAL IMSTRUIEIItS Gnwp and Tnmt 2D22 2021 arylng amountof Ilnanclal assets InstmmÈnls mè8swad al fair wofit C￿ hAs 3,272.076 3.724.086 23 ANALYSIS OF NET ASSETS BETWEEN FUNDS 2022 Unrnstrl¢tod fund• G•neTrl funds furnts l￿d9 Total fund Tangible fixed assets Inveslments Nat current assgtslllrabthlies) Long term liabilities Deffined benefft penskffl sthe lithlity 16.426.076 3,146.618 (2.804.542) (2.79),448) 16.426.076 3,272,07e 1.366.814 (2.750,4481 125.458 1S2,7XI 4.018.626 (21.3 121.&￿) TOTAL NET ASSETS At 31 A￿Ust 2022 13.996,398 278.188 4.018.626 18.293.212 20 UnT￿tr1¢t¢d fvnd• Genernl nds Re$trl¢tod Total funds Tan&¥ble fi￿j as80ts Investm8nts Net ¢urr8nt 8ss8tsllliablths) LONJ temi liabililies Defined bgnefft p8n$￿)n stheTr liability 16.429.528 3.575,257 (2.335.722) (2.982.643) 18,429,528 3,724,086 {1.217.4311 (2.982.643} 148.829 152258 6.033 1107.1YJ) (107.150) TOTAL NEf ASSETS At 31 August 2021 14.579.270 301.087 6,033 15,846,390 39

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 24 CASH FLOWS FROM OPEftAnMG AcnvmES 2022 2021 N8t income for the year Depreciatim on tsngAe tsed assets Reali5ed los¥Jlgain) on disposal of investments Unrealised kJssl{gainl on reVa￿al￿ of inveslnwts Defined b8nefit pension sch&m& m0ven￿nt Interest pald Interest receI￿d In￿lment inojw 2.446.822 995,697 143,650 288,261 185,8441 62,501 (1.875) (49.5CQ) 332,584 909,883 {295,8401 (81,616) (29,179) 21.382 {3) (86,241) 3,799,712 770,970 Inuaase in debt￿S Inixèas8 in uethtfrf8 (3.1(n.7291 431.$49 148,678) 127.031 1.124.532 849.323 25 ANALYSIS OF CHANGES IN FUNDS Atl S•pt•mber 2021 Ca•h Ilowm At31 Augu•t 2022 Ca 3.920.943 241.293 4,182,236 26 RELATED PARTY TRANSACTIOMS réng the >ear ihe Trust enter&J into trans￿￿￿ Mih L•ghton Part Entwprtses Linited. a relal•J party. ' the ordinary ¢¢￿rse ol busy￿. Re(wges were made by the Trusl lo Lehjhkn) Park Entewses Lwnited for semces provided wnountiNJ to £18,715 (2021.. £15.784). The subsKfkgry, Lehjhton Park Enterpr￿￿ Limited. lewre and retreatffial semces mainly lo young peop￿ and thnales rts annual taxatde PToffts to the TrLtst under Gift Axl. Th8 gtft aid donalion for th18 year was £66.64412021: £1.5981. At th8 year end th? balance8 fmm L￿ght(￿ P*k EirterW￿ Linrril8d lo Tr￿1 were £44,901 (2021.. £138.626). Durfng the year 1 TnJstee12021'. 2) th)nated £1.Y20{2￿21: £2.920) lo the Tn

LEIGHTON PARK TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 27 FINANCIAL COI11M￿￿E1¥IS Atthe re￿￿n9 8nd date the GroupaTrJTrust had oulstanthig commilments rninimum lease paymonls uThJer nOn￿ncelIable opefati)g leasès fall as folbs.' Group •nd Tnt 2022 2021 Operating leases whKh expl￿. Ilhin one year Betr￿n iwo and kn yew5 136,367 66.070 169,361 117,183 202.437 286,544 2B CAPITAL COMMITIAEIITS Al ￿ rfjtyylwig d8. amo￿lS oirnmitted to b8 pawj but not probmled i) the finandal Statsments amounted to £Nil for grfj￿ thè Trust (2021: £150.1XXl). in respct of C4Tial expènd6ture. 41