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|---|---|
|StrategicReport|to2|
|Reportofthe Trustees|3to8|
|ReportoftheIndependentAuditors|9to12|
|StatementofFinancialActivities|13|
|Balance Sheet|14|
|CashFlowStatement|15|
|NotestotheCashFlowStatement|16|
|NotestotheFinancialStatements|17to29|





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|**REFERENCE AND ADMINISTRATIVE DETAILS**|**REFERENCE AND ADMINISTRATIVE DETAILS**||
|---|---|---|
|**Registered Company number**||**Registered Charity number**|
|00504032 (England and Wales)||310635|
|**Registered office**|||
|Pipers Corner|||
|Great Kingshill|||
|High Wycombe|||
|Buckinghamshire|||
|HP15 6LP|||
|**Company Secretary**|||
|Mr J D Clarke|||
|**Governors**|||
|Chairman|||
|Mr F W Johnston|||
|Vice Chairman|||
|Revd**H**Peters|||
|Mr M Antingham|||
|Mr P Bhullar|||
|Ms E Carrighan|||
|Mrs N Doran|||
|Mr A McBarnett|Resigned 1 September 2025||
|MsHFMorton|||
|Lady Redgrave|||
|Mr H B P Roberts|||
|MrPBWayne|||
|Ms H Semple|||
|Mr M Stepney|Resigned21March 2025||



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|**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>**Charitable activities**<br>Fees and registrations<br>Other trading activities<br>**Investment income**<br>**Total**<br>**EXPENDITUREON**<br>**Charitable activities**<br>Staff costs<br>Administration and maintenance costs<br>Depreciation<br>Fees and registrations<br>**Total**<br>**NET INCOME**<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>**TOTAL FUNDS CARRIED FORWARD**<br>Notes<br>3<br>6<br>4<br>5<br>7|2025<br>Unrestricted<br>funds<br>£<br>1,006<br>14,287,174<br>113,722<br>300 159<br>14,702,061<br>8,810,414<br>2,920,079<br>716,527<br>1,429,564<br>13,876,584<br>825,477<br>16,231,904<br>17,057,381|2024<br> <br>Total<br>funds<br>£<br>1,678<br>14,311,474<br>97,138<br>226,417<br>14,636,707<br>8,076,285<br>3,099,615<br>772,136<br>1,302,187<br>13,250,223<br>1,386,484<br>14,845,420<br>16,231,904|
|---|---|---|





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|**BALANCE SHEET**<br>**31JULY 2025**||||
|---|---|---|---|
|Notes<br>**FIXED ASSETS**<br>Tangible assets<br>14<br>**CURRENT ASSETS**<br>Stocks<br>15<br>Debtors<br>16<br>Cash at bank<br>**CREDITORS**<br>Amounts falling due within one year<br>17<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS LESS CURRENT**<br>LIABILITIES<br>**CREDITORS**<br>Amounts falling due after more than one year<br>18<br>**NET ASSETS**<br>**FUNDS**<br>21<br>Unrestricted funds<br>**TOTAL FUNDS**||2025<br>Total<br>funds<br>£<br>12,395,716<br>33,420<br>4,963,528<br>8,618,140<br>13,615,088<br>(7,148,173)<br>6,466,915<br>18,862,631<br>(1,805,250)<br>17,057,381|2024<br>Total<br>funds<br>£<br>12,942,540<br>29,509<br>4,609,315<br>7,192,740<br>11,831,564<br>(7,008,995)<br>4,822,569<br>17,765,109<br>(1,533,205)<br>16,231,904<br>16,231,904<br>16,231,904|
|||17,057,381<br>17,057,381||





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|**Cash flows from operating activities**<br>Cash generated from operations<br>Interest paid<br>Net cash provided by operating activities<br>**Cash flows from investing activities**<br>Purchase of tangible fixed assets<br>Saleoftangible fixed assets<br>VAT adjustment on fixed assets<br>Interest received<br>Notes<br>Net cash provided by/(used in) investing activities<br>**Cash flows from financing activities**<br>Loan repaymentsinyear<br>Net cash usedinfinancing activities<br>**Changeincash and cash equivalents**<br>**inthe reporting period**<br>**Cash and cash equivalentsatthe**<br>**beginning of the reporting period**<br>**Cash and cash equivalentsatthe end**<br>**of the reporting period**|2025<br>£<br>1,482,299<br>(88,231)<br>1,394,068<br>(239,423)<br>6,000<br>54,876<br>300,159<br>121,612<br>(90,280)<br>(90,280)<br>1,425,400<br>7,192,740<br>8,618,140|2024<br>£<br>2,521,411<br>(106,039)<br>2,415,372<br>(315,622)<br>226,417<br>(89,205)<br>(150,147)<br>(150,147)<br>2,176,020<br>5,016,720<br>7,192,740|
|---|---|---|





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|**1.**<br>**RECONCILIATIONOFNET INCOMETONET CASH FLOW FROM OPERATING ACTIVITIES**<br>2025<br>**Net income for the reporting period (as per the Statement of**<br>**Financial Activities)**<br>**Adjustmentsfor:**<br>Depreciation charges<br>Lossondisposaloffixed assets<br>Interest received<br>Interest paid<br>(lncrease)/decreaseinstocks<br>Increaseindebtors<br>Increaseincreditors<br>**Net cash provided by operations**<br>**2.**<br>**ANALYSISOFCHANGESINNET FUNDS**<br>**Net cash**<br>Cash at bank<br>**Debt**<br>Debts falling due within 1 year<br>Debts falling due after 1 year<br>**Total**<br>At 1.8.24<br>£<br>7,192,740<br>7,192,740<br>(165,695)<br>(1,243,786)<br>( 1 ,409,481)<br>5,783,259<br>£<br>825,477<br>716,527<br>8,844<br>(300,159)<br>88,231<br>(3,911)<br>(354,213)<br>501,503<br>1,482,299<br>Cash flow<br>£<br>1,425,400<br>1,425,400<br>(2,970)<br>93,250<br>90,280<br>1,515,680|2024<br>£<br>1,386,484<br>772,136<br>(226,417)<br>106,039<br>14,011<br>(277,233)<br>746,391<br>2,521,411<br>At 31.7.25<br>£<br>8,618,140<br>8,618,140<br>(168,665)<br>(1,150,536)<br>(1,319,201)<br>7,298,939|
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|Donations<br>**4.**<br>**OTHER TRADING ACTIVITIES**<br>Rent received<br>Sundries received<br>**5.**<br>**INVESTMENT INCOME**<br>Interest received<br>**6.**<br>**INCOME FROM CHARITABLE ACTIVITIES**<br>School fees<br>Bursaries, scholarships and allowances<br>Discounts givenonfees<br>Registrations received<br>**Disbursements income**<br>Designated income<br>Transport income|||2025<br>£<br>1,006||2024<br>£<br>1,678|
|---|---|---|---|---|---|
||||<br>2025<br>£<br>61,031<br>52,691<br>113,722||<br>2024<br>£<br>88,615<br>8,523<br>97,138|
||||2025<br>£<br>300,159||2024<br>£<br>226,417|
|||2025<br>Fees and<br>registrations<br>£<br>13,376,806<br>(718,809)<br>235,686<br>28,355<br>632,919<br>6,026<br>726,191<br>14287174||<br>2024<br>Total<br>activities<br>£<br>13,482,340<br>(690,680)<br>249,072<br>34,650<br>642,505<br>7,939<br>585,648<br>14311474||
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|**CHARITABLE ACTIVITIES COSTS**||||
|---|---|---|---|
|Staff costs<br>Administration and maintenance<br>costs<br>Depreciation<br>Fees and registrations|Direct<br>Costs<br>£<br>1,429,564<br>1429564|Support<br>costs (see<br>note 8)<br>£<br>8,810,414<br>2,920,079<br>716,527<br>12447020|Totals<br>£<br>8,810,414<br>2,920,079<br>716,527<br>1,429,564|
||||13876 584|



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|Staff costs<br>Administration and<br>**maintenance costs**<br>Depreciation|Management<br>and<br>**administration**<br>£<br>1,970,062<br>727,795<br>8,296<br>2,706,153|Management<br>and<br>**administration**<br>£<br>1,970,062<br>727,795<br>8,296<br>2,706,153|**Finance**<br>£<br>88,231<br>88231|Teachers<br>and<br>teaching<br>**assistants**<br>£<br>5,818,930<br>658,597<br>74,664<br>6552191|Welfare<br>and<br>support<br>**costs**<br>£<br>1,021,422<br>1,445,456<br>633,567<br>3,100,445|Totals<br>£<br>8,810,414<br>2,920,079<br>716,527<br>12447 020|
|---|---|---|---|---|---|---|
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|£<br>£<br>Depreciation - owned assets<br>Auditors' remuneration - audit<br>Auditors' remuneration - other services<br>Operating lease payments - other|2025<br>716,527<br>22,767<br>17,644<br>17,979|<br>2024<br>772,136<br>25,300<br>18,180<br>9,429|
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|**STAFF COSTS**|||
|---|---|---|
||2025|2024|
||£|£|
|Wages and salaries|6,782,056|6,613,735|
|Social security costs|682,718|612,228|
|Other pension costs|1,345,640|850,322|
||8,810,414|8,076,285|
|The average monthly number of employees during the year wasasfollows:|||
||2025|2024|
|Teachers and teaching assistants|135|131|
|Management and administration|36|34|
|Welfare and support|18|17|
|Subcontracted catering staff|14|14|
||203|196|
|The number of employees whose emoluments exceeded £60,000 were:-|||
||2025|2024|
|£60,001 - £70,000|8|4|
|£70,001 - £80,000|5|3|
|£100,001 - £120,000|1|**1**|
|£160,001 - £170,000|0|**1**|
|£180,001 - £190,000||0|
|Emoluments includes gross salary, benefitsinkind and flexipay contributions for|the Aviva pension|**scheme.**|
|Value of company pension contributions to money purchase|||
|schemes for employees whose emoluments exceed £60,000.|£138,937|£117,802|
|**Transactions withkeymanagement personnel**|||
||2025|2024|
|£<br>£|||
|Total compensationofkey management personnel|1021059|969 915|





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|**COST**<br>At**1**August 2024<br>Additions<br>Disposals<br>At31July 2025<br>**DEPRECIATION**<br>At 1 August 2024<br>Charge for year<br>Eliminated on disposal<br>At31July 2025<br>**NET BOOK VALUE**<br>At31July 2025<br>At31July 2024<br>**COST**<br>At**1**August 2024<br>Additions<br>Disposals<br>At31July 2025<br>**DEPRECIATION**<br>At**1**August 2024<br>Charge for year<br>Eliminated on disposal<br>At31July 2025<br>**NET BOOK VALUE**<br>At31July 2025<br>At31July 2024|Freehold<br>property<br>and major<br>refurbishment<br>£<br>20.765,870<br>160,268<br>(9,382)<br>20,916,756<br>8,599,267<br>617,160<br>9,216,427<br>11,700,329<br>12,166,603<br>School<br>equipment<br>£<br>775,260<br>58,623<br>(39,357)<br>794,526<br>634,788<br>82,960<br>717,748<br>76,778<br>140,472<br>Farm land<br>£<br>591,177<br>591,177<br>591177<br>591,177<br>Grounds<br>equipment<br>£<br>144,526<br>20,532<br>(41,674)<br>123,384<br>115,442<br>13,235<br>(22,266)<br>106,411<br>16973<br>29,084|Sundry<br>buildings<br>and<br>equipment<br>£<br>625,818<br>(1,573)<br>624,245<br>610,614<br>3,172<br>613,786<br>10,459<br>15,204<br>Totals<br>£<br>22,902,651<br>239,423<br>(91,986)<br>23,050,088<br>9,960,111<br>716,527<br>(22,266)<br>10,654,372<br>12,395,716<br>12,942,540|
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|**15.**<br>**STOCKS**<br>Householdandcleaning stock<br>**16.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Trade debtors<br>Prepaymentsandaccrued income<br>**17.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Bank loans and overdrafts (see note 19)<br>Trade creditors<br>Other creditors<br>Social security and other taxes<br>VAT<br>Pupils' deposits held<br>Accruals and deferred income<br>**Feesreceivedinadvance**<br>**18.**<br>**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**<br>Bank loans (see note 19)<br>Accruals and deferred income<br>**19.**<br>**LOANS**<br>Ananalysis of the maturityofloansisgiven below:<br>Amounts falling due within one yearondemand:<br>**Bank loans**<br>Amounts falling between one and two years:<br>Bank loans<br>Amounts falling due between two and five years:<br>Bank loans|||2025<br>£<br>33420<br>2025<br>£<br>4,663,232<br>300,296<br>4 963 528||2024<br>£<br>29 509<br>2024<br>£<br>4,368,253<br>241,062<br>4609315<br>2024<br>£<br>165,695<br>152,563<br>21,962<br>146,174<br>428,791<br>5,458,579<br>635,231<br>7,008,995<br>2024<br>£<br>1,243,786<br>289,419<br>1,533,205<br>2024<br>£<br>165,695<br>1,243,786|
|---|---|---|---|---|---|
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||||2025<br>£<br>168,665<br>250,786<br>26,256<br>(1,407)<br>766,379<br>472,242<br>5,023,474<br>441,778<br>7,148,173|||
|||||||
||||2025<br>£<br>1,150,536<br>654,714<br>1,805,250|||
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||||2025<br>£<br>168 665|||
||||179 248|||
||||608,079|||





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|Within one year<br>**Between one and five years**<br>**MOVEMENTINFUNDS**<br>**Unrestricted funds**<br>General fund - general reserves<br>General fund - fixed assets<br>Designated funds<br>Bursary endowment<br>**TOTAL FUNDS**|Al1.8.24<br>£<br>2,990,272<br>12,942,540<br>25,000<br>274,092<br>16,231,904<br>16,231,904|Net<br>movement<br>**in**funds<br>£<br>1,828,559<br>(786,247)<br>(1,918)<br>(214,917)<br>825,477<br>825,477|||2025<br>£<br>17,979<br>51,915<br>69,894||
|---|---|---|---|---|---|---|
||||||<br>Transfers<br>between<br>funds<br>£<br>(572,863)<br>239,423<br>333,440||
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|**Unrestricted funds**<br>General fund - general reserves<br>General fund - fixed assets<br>Designated funds<br>Bursary endowment<br>**TOTAL FUNDS**<br>Incoming<br>**resources**<br>£<br>14,980,672<br>(69,720)<br>6,026<br>(214,917)<br>14,702,061<br>14,702,061|Resources<br>expended<br>£<br>(13,152,113)<br>(716,527)<br>(7,944)<br>(13,876,584)<br>(13,876,584)|Movement<br>**in**funds<br>£<br>1,828,559<br>(786,247)<br>(1,918)<br>(214,917)<br>825,477<br>825,477|
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|**Unrestricted funds**<br>General fund - general reserves<br>General fund - fixed assets<br>Designated funds<br>Bursary endowment<br>**TOTAL FUNDS**|At 1.8.23<br>£<br>1,275,961<br>13,399,054<br>22,462<br>147,943<br>14,845,420<br>14,845,420|Net<br>**movement**<br>infunds<br>£<br>2,366,992<br>(772,136)<br>3,335<br>(211,707)<br>1,386,484<br>1,386,484|Transfers<br>between<br>funds<br>£<br>(652,681)<br>315,622<br>(797)<br>337,856|At<br>31.7.24<br>£<br>2,990,272<br>12,942,540<br>25,000<br>274,092<br>16,231,904<br>16,231,904|
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|**Unrestricted funds**<br>General fund - general reserves<br>General fund - fixed assets<br>Designated funds<br>Bursary endowment<br>**TOTAL FUNDS**<br>Incoming<br>**resources**<br>£<br>14,840,475<br>7,939<br>(211,707)<br>14,636,707<br>14,636,707|**Resources**<br>expended<br>£<br>(12,473,483)<br>(772,136)<br>(4,604)<br>(13,250,223)<br>(13,250,223)<br>Movement<br>infunds<br>£<br>2,366,992<br>(772,136)<br>3,335<br>(211,707)<br>1,386,484<br>1,386,484|
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|**CAPITAL COMMITMENTS**|||
|---|---|---|
||2025|2024|
||£|£|
|Contracted but not provided forinthe financial statements|33,055|165,306|



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