2022-08-31-accounts

QUEENSWOOD SCHOOL LIMITED Company Registration No. 40561 Chariry Regi5ttation No. 3110fAI ANNUAL REPORT AND FINANCIAL STATEMETr¥rs FOR THE YEAR ENDED 31ST AUGUST 2022 •A(4P660Z* 3110512023 COMPANIES HOUSE A12

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Quttnswrt of the Governors For the year ended 315T Awt 2022 RepoTf ofihc Go¥ew*J l-14 Aukni Rel Cnn￿￿1￿li￿d ststcmL￿rQr FIrt•nU￿ A(El￿ 19 CDnwWat¢d B￿an￿ Sheet Bthcesheei 21 con￿bdi￿ Cathlknw 22 NL¥iU fv thL. F1¢w)￿ &/trmL-lltS 2>59

QUEENSWOOD SCHOOL LIMITED ANNUAL REPORT OF THE GOVERNORS for the year ended 31 A￿E￿$t 2022 GOVE11Tr40RS AND CMhAITY TRUSTEES QllttnJwood GovtrrMx5 irc thc Ch￿￿ty Schts4 Llmired fthe Ch#firy') and thry Mr H J de Sausmra BA FCIS Ichgirfj Mr T C Girnham Bsc (Vicc Chzirl Mr R Bainc5 BS(. CIMA. CErt8. hlICE Ms ko Bclshxw (Noth1n%td by tht Old Queoiswrtsjiins AssoU￿10￿) Th& Rcvd Dr D hl Charmgn Bsc. Mil. hfPHIL PHD Mr R S G4rw(x)d BA ￿ONI. Dip IMRS (Apwntcd 2ith Jurt 2W24 DT O hlcGuiNnc55 BSC. MB BS, FRCP. tKH, DRCOG Mr S IM0rri5.MA. PGLE. NPQH Mrs C Nuimyn Bk. Clli fi Mrs N Pconi ¢Norni￿t¢d bs thc (￿cc￿5￿￿￿t A5￿￿￿tI￿]I Mf J Phd3n BA IHONSI. MA (EDI. PGCE Mr A D Popplctots BEn> CE￿ FIET, FBSC Thc Hunuurlblr N Stsmp BA. CA Thc ftcvd T s￿ndcll rcA IrCtin￿ 31 Dry¢mkr M¢5 P hl Wrinch ttted member% 9Te winted by ihe PAMrd on rec0rnr[￿a[IOn of th¢ Chwr Vice Chwr 2nd they art. supplLThcnicd by G(w¢rnyrs AyminJT¢d bj. thc P￿rd vf Mznwnt fuf Mcth(xli5t 1ndt￿ndL￿t sch￿15 Tru54 thc Itcthod>5t Church. thc QuccnSwoLd Partnts AssotiaWffi (pirent IKyJil and the Old Qutcnswoodians A$￿￿1￿ti(￿l IFornt pupils). Oltr￿t ihan the nominatrd GoYemLWS who hold uffKe for s Irjng as tlw nominicd, s¢rricc 00 th¢ Boud is frtt Atj iniUJ] prrirtd of thrtt )rgry. Ai thc cnd of an eleci21 HE 15 3 ￿aduaTE uf ds U¢uvcrsiTr and ongtJ>Jiv LNiDcd Is 4 Chiricrol SccrDo'. Hc 15 a rncrnEKr ofthc Si Paul'5 CxthcdrAI Cvunal, wh¢Tc h¢ slts tllrmb¢r thyr and Risk Cvmmitrc. and a mcmbcr ofthc [￿ndOn Oi(Kcst Non-PrOFW I￿VeSt￿￿t Adsory Group fid IS a lo¢rner Commort G)yffcilTn3n on thc City OE t￿r)don CoTpJTrtti>n. Jzmcs is ScniDI Wxdcn OF thr Ivorshipful Cvmpffl¥ of Charttrcd Sccrcrarrts xttd AdmifuSUXlO(s. a Pisi MsKt of the Wo¢thipfia Conpan). of Joincn and Ctilrr5. 4nd x FDrmcr of Bisknp StopFotd's kh￿. EDfirld. Hi5 da￿[￿ J5 #0 Old Qutcn$wwdian hL. has t￿7 # Ch4pcl TtUSLce 2W7 #rMJ is now C￿lT of thii TnL$L blcctcd • G￿C¢not of QU[tn5wu￿ in 2011. h¢ the FinatKt CommitTet from 2012.￿)19 ckctrd Chr of GDvernoK5 itl ￿]9. With ovtr 30 yczi%' cX￿￿￿n(C m ihc iThluSiry, Trn IS tkvthpmeni DI￿10t ofTru5r RtJ tJrrrited. resFKJrtSibk Ior ihe comp¥4'5 kn.doptnetLr prwmc. Havtiig btcn wih thc comp￿￿ for 17 ycits. Tiift Stepped down as p)ini Chiel Eyecuove of.IlirherrA Ljmiied whith yci¥115cd in Londun ot'fice5. mix¢d use and high end resiJcnriil He was forrntAy Ilanwng Dircctor of thc Houst Gr(M2p whETC he resEthsiblc For tht Uk dtvel(yntnt pr(yamme. Including a number of Major London dtvtk>wts. In W2l. hE C1￿￿P1cLcd tht maximum icrm ol olfi(c un&r Public Apwnryncnts is thE ktsior lNic￿MI¢￿t Non-E￿￿t Dlrtctrpf and of the R¢rnun¢rtoon and N¢xninauon Comrnittccs ol London Ind Contincntsl R￿1￿&15. Ht is a Truslre ofTht Gxrrltd Famih. Foundation. a livcwan oFThc Worthipfvl Complry of Frricrs 9nd A Mcmbcr of fTuards nub. M2rria thtre childrcn. OF whorn are Oh4QU¢cn5wy>￿ianS. Elect¢d g Governor of Queenswod in June 201? he is Wjcc Chai of Gov¢moJS ￿bd Ch¥iTof the Facibu¢s

QUEENSWOOD SCHOOL LIMITED ANNUAL REPORT OF THE G0VEB￿0Rs for the ytar ended 31 Augusi 2022 RALPH BAINES Bk CIMA. CE￿. MICE A £onsdTancy cittcr covcting ZO v(#tS ￿th con￿1￿￿8 •nd PtiCOkMiCthwscCooF￿s rKbw ru¢k4 hi5 own bu51nes5 iutbsultancy comwny in 5upwrtithg cJienL4 to dtlivu chaw ind improvcmcni prioriw. ￿ph ha5 cxwcac¢ in ￿b)i( ￿v3[¢ stCtr>ts icrO& J zjty OE il)d￿%￿C4. Married wilh 4 S¢Jn ifKi two dzU¥h￿rn. Ixxh OÉ which Old Queensw(￿lan5 E]ecTed a Govcfttvr of (￿¢¢￿3￿(￿)d in 2013 KATE BEESHAW ILB (Hongl, PGDip. LLM. AKC Katt a puiyl ai Queensw￿￿] from 1999.aMkn. srArn￿ IS a dgy Frf>JJder kfore tK)ardin¥ in ￿ Sixth Fvrm. Afw hrr A ￿V￿[s. Kac Y¢9d Law 31 the bnivrrsitv uf ExrTU Ind cumple￿I tht Bar VI￿￿OL￿al Cours¢ and ￿ LLM itt ProftSSiOn￿ W PTrcucc at tht LAW SthooL 9uabfpng Is a Barristcr. On￿1& hcr Siudics. Katc ircarnt Lnvulvcd in thr Obj Qo¥¢nswoodians' A5s0ti#uon, Jnstially as an F.lect£d Aqcmkf. ￿for¢ fir%r and A Tr￿[¢( nf Ihc nid q￿r￿n￿w￿xl1A￿￿ S5￿11￿1,$ BU[sar￿ and khDLqr5hip TTllSE al￿ must ¢ecently, GuvETntsT RetKescntsllve ti>t the A55U(iztion. Katc wDrk5 In Hithr Eduation admitUstrAlivti. fL¥u￿n0￿ ￿VcrI￿n￿L. And is CUf¢rndy Head OF Eduuoon Swdcni ExpeTJen¢e x tirtiveY.4iw Coll4Y I￿nd0￿ Kale is • supporter of T3r&Yt ov￿1￿ Canccr GO￿￿10[ at tordsknp PTIr[￿￿. Sthod. whcrc a150 5c¥vcS as Chair OE th rina(c & Rcs¢YJrtts C(thmillCe. IiEVEftEND DR DAViD M CHAPMAN BSC. ￿ MPhiL PHD Di5tsitt Chaii OF thr Brd(ord5hirr. and H¢riFoTdthif¢ DIS￿¢[ of Ihe Meth(disi Chwch. Afier 8¥aduaun8vrh a Maihcrnaucs d¢qrCC. h£ workcd for th¢ CIEC-blirconi Comwy in Si Alban5 hfiiton in r42r H¢ ￿]r￿d For rnifiistry at IV¢51cy Hou5c. Citnkndgc. has X doctorate in Thcoltigi from Eht L ol CzJnbrid8c. Hc served in thrtt ￿nist¢#￿ ipFx)In[mcn￿ in Methd15c uttuir5 io Lon&)n grni before b¥r% Jpwnicd DiTncL Chwr In aJ16. Dairyd 14 rnembcr of thc ILtcthixli5E F￿th Ordcr Comrnitt¢￿. Ht is mirricd with thrct idult Ihildrett. Norninxtcd ZS a Gocr￿t by Mtthudi%t Churth In Septrmbef SJl& MR ROBERT GARWOOD BA (Hons), fhp MRS Rob ItCLndy TrDTrd havTrn¥ WQEkcd in tlx. Fthancb31 for more rhan 33 years. In his 05¢ rcccnt ruk. Rub wvrktd ar 5taThlard Ch#r(rrd bank running thur ￿k)b￿ In¢stvrt bunc5s and th¢ Finartc1￿ InsiitUTiQn5 fr•rn5 xr¢iss Eotopr. b￿kn￿8 EtAES induda LTBS and Lkn>-d5. He 21so $￿Thl 5CiPtNI >tuS in thc Sci mryrnert¢ induStTh liob ws <dtstAtcd itt both the Lnitcd KJngMlom 2nd ift thr US. He 8gtrd 4 BA IHtx)s) dcgttr in Bu%inc%S f￿$ nn U8rk¢DD& Rob is matri¢d Thith tWD ch￿d[en I￿j bvc5 in C¢twTri frlis thughtri WAS i swdeJ)t at Queen$wu￿. leawnKin 2UI7. DR OONAGH MCGUINNESS BS¢ IHONSI, MBBS. FRCP. DCH. DRCOG Curtcncl} ￿orking for E&s1 & North H¢rrford5hirc NHS TnLft an AsE0cl￿£ s￿￿2)1$t in Acutc Mtdicinc and A[nbiil￿rtsry C.#FC. Graduatcd wth a deycc ID Medicine from Imprnal CD)lc￿. ltsidon frt Mi4's Hospitsl hledior sch￿1) In lTh. Fellow VE the RL1)￿ CoJlc#e Ph)'Sioan& She hcld a vari¢Tr o( wts In and around Loidon incluthng Intcrn31 mc¢kncinc. wdiauics. obstctnc5. gynac(ology, ¢m¢rwg' tndicinr 3nd gcnrd prncuct whKh lnvoh.rd & a5 a Pol￿£ Suwn. ODh4h is m￿d 5th two dau¥htcr4 now Ixxh FOrr[￿r ar Qrtenswknl. E￿red a Go￿￿0T ol Queenswood in Spnng 201). MR SIMON IMORRIS ￿ PGCE. NPQH Hwltnistci OF 5chooL Bath ftom JX)8 10 , hawg p(C￿Ou$l￿ been Depury He•dtn25r¢r ai SE John's Sch(JoI, t¢tknhe3d. Bo31ding Hau5trnisttt and He3d of Iltjdern Lanyags li Thc Ixy4 Schwl, CwnbndF artd Htzd of GcrmAn ZT W￿4￿)[k SthcM)l. A Camb[ UnsvtNty Simott h35 a GuvcifKW In in bDth mainv4irtd and wiv4￿ SrC￿T%. hr IS Cuffrfid￿ * mrrnbrr of th¢ Guvctzung P￿1¢$ [ Woudhou5c G￿¢ khuvl yJ Lvughb)rw%h Srhtds FuundÈuvn. Hc zlw UThIer￿￿CS Xnior Icadtr on trhalf of thc Mcthtrllst IndyThlcnt Sthod5 Trust is mxrritd Mth thr¢¢ thildwcn. Fk(tcd a Gowcmtr ir W"n8 2015. hr <uTYMdy ch*rs thr FAucauon Cotnmittce atQutttiNo￿1.

QUEENSWOOD SCHOOL IJMITED ANNUAL REPORT OF THE GOVERNORS for the year ended 31 August 2022 CHITRA NORMAN B5c. CJMA With 20 ￿lE, r￿n￿ncC in thc financhll semcu secioc. ChiN• h95 workd for DcutychE the Ro>7aJ Bank of ScothATrl. Brc4y$ 3nd Uobd5 Group. Aft£r ￿th a dw in illanx8¢mcnt Scientt ffom Ehe UnJvefsi(y o( Masjchesrcr. she cn¢¢rtd tht Ro￿[ Bank of Scodand Finance GradU￿e Scheff, whcrc 5hc quJli6¢d chjrtcrcd MJn4cmcnt ilcc0urtlai)L Her wtienie and £xperDSC spgns rr¢asuTV. finailcial sttateyy. InveswT ￿D(￿J5 Il" PWTnmEs 3nd she IM5 a provcn track rciord oftxccll£rt(c ¢n dcs1￿. dclivcry wid IrnplcThrfrTr￿Oon of cornplcx finincial yrtin& mdtlling and XT)iltruul soluuons. Curroid}'. Chiua xt5 ￿ i COll5ultsni to FinTcch 5TIrt-UPS IM￿c￿ert￿ng finncrtl rcporDn& planning ind •nal)Jis systtrns. Shr IS tht Jnother of t￿. IM>th ALtcnd a Ixw.. ne2r Quc¢05WDod. Eic(Icd a Govcn)Or of Queenswo￿l ￿ 3119. FotmcT lotrnof Drsiwer. rnothu of rwo dlluBhr¢rx of 7whKh IS i at Qr2Ernsw¢M)d. Thc fouThdcr nf ￿ant-bA￿d f￿1 Narlic wOrkspredomin3nrlyas 4 phoiogr4)hei thd srylisl. Includin¥ recipe and conieol creaiion for leJdin8 bTrnd.E. NarJli¢ is 315u tht ChaiT uf Ihc QuLcnswood PatLnts A5SocJifM Afyj a) a Gov¢rTrJcof Quc¢n¥woLxJ In Ill MR JEREMY PHEtAN BA (H¢)n#). MA (Ed). PGCE Hudma&tcr of DuncuTDht SthD(4. Hertfotd Since J)13, h¥vin¥ ￿$ty I)e￿ Depury Hc2dmsicT P&%tod it FLls(td PrLparnfory 5clwl. E5￿ Bo2rdin& A C¥rybff Univ¢rgty yaduatr having ad Fbstory and Phib50phy, J¢rcmy h35 i Gui'tmoT in sch(KAs in M￿n￿ned and prJVtc 5ec¢vrs. J¢rem} 15 ￿ ISI"l"t￿ JnSPCt(Dl and mcm1￿¢ of JA￿ He is mgxtird with rwo childien. b)Ih gt QutcnsVA￿d Ekcrcd * CrfwerfA)w in Auwmn 2019. ANDREW D POPPLeTON BEng, CE￿. AKG FIET. FBSC Reured Setuor Mi D1￿ctur frorn Acientutr. i O()bJ] minapient Cons￿ranC).. Trt his 31 years ai cccnrurc. hc workcd 3crO55 tndutAt JnduSth¢$ dthv¢Th￿ itrhnoloy cnalAcd buyrKss ryan5forrniuon pr<4CCt5 fur clits)u. Trle 9150 served on the A¢cenrure Irel￿d B￿rd for }Thrs and wis i Tfu%tcc ef the UK Ac<Cnfvtc Pert￿on Sthcmc. SttOi¢d li Collrgc London and pduat¢d izl 1989 wth * Lnwncrri￿ dw. Marricd uryth a son •)d r0 knth of havc becn pupils 41 Qy¢cnswyod. FJL'Ctcd a G(WLrnI of QU￿￿￿S¥0¢￿j in X)11 THE HoNoURAB￿ Tr41CHOIAS STAhfP Corwrncc Financicr S￿¢1￿51￿8 in ncw C￿cr￿ fcchnolw. NKk Itads the cOrwJrX(c 6rtncc sine4% nf Lnnypur CApid. I pl￿14t UK.￿$￿ rw ¢n¢w inK%unLil& ad￿1￿￿. and T￿e9TCh fiffn. Prc%'iousty NTick Invtttmcnr bwkct With Mcwari£, CaThKcord GeThuiry- and Numi5. gnd has d50 heki stlliL)r mAnwenE tui&% in che enew secTur. bew hi5 career ￿ a ChthuEd Acc(vJntsint Emst& YoJre in 2001. THE BEVEREND TIMOTHY A SWtNDEILFCA ConnLryion21 TrraSuTcr The Methixlist Church in Gteai Brifxin. and * Meihodiy MinisTer pa5rgul rcsPVrtsibibDt5 lrt thc Enfld Citwi ¢n Nvlth Londun. NvTrbccutiv¢ r)irLttor tsf / 5pcii2kn5t cthi <hanry lffj¥eSD7)erti mgn48¢m¢oi (tynpan￿, afid of an ¢thic￿￿ hotd corzbpny. Pr£Y￿U ExcCilUVr Chr of CtntTa] H￿1 cotnmtttE￿ tonf¢r<tc tthtt¢S in ltge IqJs Tnw. of i Govr of IDd¢pendeni and 5tate- mAIn￿ncd 5clwls. Ord￿nCd zs z prtsbytrt in J)10 a c(tt.r in Ihc Ln5urnncc indus￿. hc is 2 Chzrf£red.Iccountrnt ￿th hoTH)ui% &g(c¢S in Bu5ines% Admifu5W4tiLKJ Ind c¢)ntrxW￿.l}Jeo7W. Hc nominxtcd GovtnKJf by th¢ Ilcthcdisi It￿¢P¢￿a¢A[ sch(￿5 Trus1 in Dcccrnkr 2012 bccarnt 3sI Guverf￿r tn Decernber 2014. C￿lT uf tht fi￿nce CummbtLcc Sittcc 2019. and a Ch4)el Trusttt. MRS PATRICIA M WIUNCH Okl Quccn5W¢Kwthan 11972.198ffj. REtird Hc3d ol HR OFraO(xJS IDr Rttd BT2Sirtess lrtFotmuon. A550CiZtc of thc ChaTttJ¢d Tn%uDJte of P¢ryofin¢l Dev¢1￿mcn[ CuTr¢ni Ch•ir of th¢ Old Queensw￿di#lls. AssociaDon. Fkcd 4 G(wemor of Queensw(Kh4 in 21W.

QUEENSWOOD SCHOOL LIMITED ANNUAL REPORT OF THE GOVERNORS Cor tht year ended 31 August 2022 OFFICER5 Pvincipal MLS J Camcton Bsc Hons Buisar & Clerk to the Gavettto lan wiib.wns BEth& CGMA ADDRE&S C8iStered O(Sce Shcpl*Td's Wa)" BnMJkmaElS Pafk Hai6cld Herrbrd5hiTe AL9 6NS Wtbsi ADVISERS Bankers HSBC. Bank pk PLak 333 Vauxhgu Bridgr Road )nkn SItrIV IEJ Avditot8 OORE knwrort Smith LLP C2A 2AP Invesrment Advise WC2B 6AN Ekvcn Bnndlcl'plztt 2 B¢Wi$￿ryCk Squ3CC Brndlcyplicc Birmingham BI 2LP

QUEENSWOOD SCHOOL LIMITED ANNUAL REPORT OF THE GOVERTr40RS for the year tndtd 31 Augus12022 Tr Govcrn(K5 of Q￿¢cl]SWoOd 5th￿1 prtsent thtsr R¢kwE for Ycgs cnded 31 2022 undcr th¢ Chariuu Act 201 l. t￿thcr Vjith thc auditcd licountr fhc yeai, •nd confittn thaT the latttf hive bttn wpzred 111 attOTdan£c Accountin£ It¢￿t(l￿ b). Chiriiicw Sufcmcnt of Rccomtncndcd P¥Xctict AppliVAblc to £haMtitS PTep2tin¥ rhesr ccuUTh￿ in ac¢ord2rtce ￿7th thr Fin￿c￿ Rcwfig Standard 4>￿icab￿ in the U]i Republic of Ireland IFRS 104 l¢ffc£ov¢ l JJnu3p 20151- ICh2ritits SORP IFLS 102)), the Finartaal Rwun8 Stsn&rd aFplicablt In th¢ iiK and RcTthIC of Ircland (FRS 101 and the CompAnbes A¢1 Z(KKb_ REFERENCE AND ADMtNtsrBATIVE INFORMATION The Govcrnors are b5red on PgKt Or. Tr txecutivt offittr4 Ptifbtipai a&lteS5 of the Chanry aThd prucuJays of Ihe Chariry'5 pro1¢551yn￿ advisrt5 irc P¥ Fout. STRUCTURE. GOVERNANCE AND MANAGEMENT ChgriLy Structure Qu¢cn5wood SL"haal iitrnEed ￿7s intopifaied as a ￿l¥iC lijrufcd LIynp￿v (R￿ls¢￿t￿)n No. ￿)5611 on 22 fcbruiry 1894. The Comwany was wsiered u 4 (R￿S￿￿on 31 IlhSQ by a Trust Dtcd dated 18 Novcmbcr 1953. Group Structurt and Relauonships ThL ChaThtV whully uwns % non.chaJi￿bk rJ9dmg svtffjiib#ry, QU￿Sw￿L Llmi￿ ICoTnprty R¢y%rraoon No.184W141. The Corn￿St thc idminiSttUon of tthdrouAI ind ntsn-rr￿drnU kty￿s for sports￿ arml othcT attivitses. the OPCraDott oEthc Schrd shop ind ArKd]￿, trad￿ acDviDc5 Thc Roard nf Queen8wnod FJJteT￿I5t% cThhPti C N(Kman (Chwrl M¥ I Wdliams (&ttnxwtstsd kho(A Tamittd is connetd thTW crmmon, rwalkl or rdltcd obico5, ar￿ by nf cornrnoll control ind of AdM￿L￿gOon. ￿ thc Quccn5M-od Sch￿1 Owl Tntst Rcwsrraiion No. 31 IW. Thi wincip3J Airn thl QuLinswwl sch￿￿ Clw'l TnL%t is tv mAnagL and Maints￿ ihi fabric of thi Cb JdinLTr 50 Ih21 it wll bc uscd zs a phcc ofvFotshbp bTr" the pvwls dQu¢¢nS￿Wd and any othcis who rniv Wlsh ID attcnd thr Scrricrs hEld in thr Chapcl. Governing DoKument . Lhaijry is ¥vvcrntd b>. Trust tkcd artd Arrick5 of Associali￿. The Aruc1¢5 of A550ciiuon wuc ts51 n¢Thd¢d In ZOIO. Govemtng Body The GoveminE Bdv comprw thc G(w¢rnor5 ￿ charity trustrts of the ChanLi who A]so Thtcciors of the C¢xnFdrty. Govem(s' RespoTrsibiliiies The Goi'cmDr% Iwho At¢ aLw thYtctLYS of Quttnsw(xk4 khwl LllniT¢d for th¢ yTroScS OF tompAthv lawl are rtsponstble for prcwin¥ ￿ Gov¢rnof%' Rwi and Ihe final￿￿ ststcrnttlL% IJJ ￿t0rdance with AppIL'cable LAW and bnited knn¥dt>rn ACLvunu￿ Srandrd5 (Ur>itcd l&fftbdum ￿¢￿￿5. A£cLVt¢d Acrvunrin¥ Pracucel. Cunp4n)' Govrrn￿ LD Ptrpart fin#rial for exh fth7gnu￿ yygr and fair vicw of the ststt ol the Aff￿[5 of thc chArivAbk comp￿¥ id thc w and of thc incoming/outgoing rt&OU￿cS d applitatson ¢)f rtsthjrtes. I￿￿￿3m¥ the irKome ￿ eyFaitur¢. of thE c￿￿1¥ble wp fur Ehat ptTit]d. In Prrparing IksL. financial srar¢mLnis, th¢ G￿￿($￿15 Arr ( Sdcci swublr ?ccowJung wiKJcs ￿ thttt th£m cort￿$[c￿lh. Observe fv meth(KIs al￿ ptintipics in Iht Chatiues SORP MAke judwents c5titnatr% lie re&￿1￿C and pnthi SNre whcilKr JEylirablE Uk AccCwJnuog 5undrds kn'e becn fd10￿rd. sub￿¢ io anv ￿￿en￿L depl￿rE5 dixl(Fxd and exPl￿ned In thr ststcmrth

QUEENSWOOD SCHOOL UMITED ANNUAL REPORT OF THE GOVERNORS for the year ended JI Augus12022 Prepirc thr stxttmertts the (orKem by% unless it IS inAPWOPriaT£ to (hit the wm￿1)Y ￿11 conDnue in Thc GoveDiofs XT¢ ttsronyble for kttpir% a¢twniing that disc1￿ 1th tc#&on2bk acturdtv. aE anv tirnc. thr finin(lal p)5iUon of thc chiriubk artd cnabk thcm io cnsw¢ rh#i ihc finxnoal s¢arcrn¢ntS complj. wrh the Cornpqniu Act 21116. ThEy Jre ilso rLWh$iblE for Safe￿rding th¢ of the thamtable coMp￿Y wjd Aroup and hthtt for tkinR rcaS¢)Mhk sw lot thc pr¢Vth)litin artd dcicctioti of Iraud and orhcr Recruithi¢nl, Induction and Ttainitig of G￿£1￿ The Chxnrys trjccid C￿et￿)r5 ITC wnfcd ac * mccusjg of thc Govcmo¢s' Bo2rd on th¢ of rt(tsI'ed Ftt)rn ihe Chgir and Vice Thajr. whnle ieuxThmendgtinns fnr elwknliry ITC Ttltvant 4ttrihutc% I￿lUdIng Fvsonil c(xnpcrcfic¢, 5wJliSI skills Jrtd 3￿11￿￿11(￿.. AU prowttve Go¥emors i'isit the Scknl to meei rcprcscnlatiyes of (he knrd and senior nunweni w to nornination. An 1nduCD(￿ 15 IfTan¥cd at lh¢ School fur ncw GuvcinL¥S and rh￿ ar¢ prgwd¢d wEh acccss tv th¢ Govcrnot5' PoTThI conrajrung thr Artsclcs Df AS￿9u0n. GoNtmors' kn. School z cy of the Bisk Rws¢ty nd other documtfiiuort rclcv4nt rc> thcir rcS[x￿WbQlll¢ a% Ttu%t¥¢S. Spc¢ifi¢ t￿nIn￿ ind inducpnn 1.5 t4ryth T￿￿rd ￿￿.[￿f￿R￿￿rdtn% rtEwnsihilitit5. 3dthuox4 ihcy arc fvrrishcd ￿th rhc Ch3nry's In(k%i rttent str of firLknti￿ XCCOurtty AU Gtilemors ar£ rn£uur¥Li att¢nd. frottl tv lim¢, S¢minafS arran&il by AGBIS thd Wor￿S1vna1 bodies as well AS rarniliAriutioa dxys providcd at thc s￿￿1. A Tc(0￿ OFu9w￿ is m4ntsirtd try thc O¢rk ro thc Govcrnor5. Orwi5atiDnai M¥nagtmcftl The Govtmots deteymine the bffie￿ and att T¢Wn5ibk for ihE ovedl went ¢ontrDI OF Ihe kbool [hro￿h Ihe Principal ￿ Sch¢M)i Exccutivc Tht full Board mtets at kasL thret ofts i yLr. Supwrtsng io thc Board, thcye arc thrcc CcthmiEtees xlso meer once pei term. AS It Jl Finartce COt￿milt¢ 7hL RLvd T 5wiodLM ILh?ir-rniri￿31 tknLYnlxY Ifr H J dt S3uSmzrez Jts R S G2nw)Cxl Mrt r Nnrmn Thf Honour3bl¢:N SrwDP FAuJiacs Cornyw¢ T L CJavtthaJn (Lk￿r) Mts K O Bclshaw N P£rtn)' Mr A D Popplcti Eduution CrrtThmite Mr S Morri5 (C￿￿tI Ilr R Biinr5 The Rcvd Dr D M Chw Dr O McGuinnr5S Mr H J dc Sausmarr4 Mts P hf Wnn¢h Mr J Phcl It Shodd be noted thaiThe Rcvd T 5windell 4ry11 ieurc 4s i GovcrtHx ￿ JI tkctmbrr 2022. Mr R(Trb G￿v0￿d his IndicaLed A w111n￿￿5 10 %sume Ihe Ch￿[ of Lhe Finance Comynitrcc. Iwt vmold only bc Cr￿[￿r￿ab￿c dtxng so afEeT had attcudcd z School I"£￿ of mttongs. AciOidin8h.'. ¢hc Gw'crnmg Bod> has ihe Chgir of Govcmors 35 thc Tntcrirn Chxsr foT thc Spriry Summer t¢rm$ 202J whctc hc ￿11 work CIr￿1V ￿Th Mr tiiTWODd to facilitatt a smoLKh IT4n￿o￿xi of Ihc Chwr to Mr G¥rwLNxI for tht 2023 iu¢umn ttTm irtd thereaf￿r. MeeThrkg5 uf tht abLTrYe C(￿Mittee$ arc ￿11 l a¢￿1d¢d by tht hincpl. Butsar and Lther sen)￿ mcmbers uf 5raff propriatr. Th¢ followiDKGr)VfEnOX5 hi%c ktrn dL￿￿¥t£d d￿. G(r4cmin8 Bdy to h￿C tC4xJnMbdity for arL5". MT T C Garnh¥rn- Health and Safay Dr U NlcGtsirtnc55- PAs¢oiai Wclfarc 3nd Chthlrt Mr H J de SausmaTCZ, Thc RThd T Swndell, Mr% K O Bd5hiw. The Revd Dr D 11 Chw#n and Mt J Phclin alsD Sctvc J$ ChiFtJ T¢osK¢s.

QUEENSWOOD SCHOOL LIMITED ANTrtUAL REPORT OF THE GOVERNORS for the ye¥r ended 31 August 2022 Iftve4tmeni in $t#tr Thr ttu%(r¢4 afr k¢¢n ro a￿1¥Cl and ￿[lIn thr bt5t and kcj" $UpT￿ Sraff and set S￿1￿¢$ other r¢rm5 of crnuncrADon in ordcr io achicrt th>S. RemuncNrJc￿ OF kcTr 15 ¢Stab115hcd it ￿P￿l￿tTl1￿￿t 5tigt ￿. the Princird andlor thc knrd tsfGth'd 2nd to corttsnuc ￿ Srck tv Impyovc 2nd 2di'anmurc phywcal rt¢rtstiort￿ infertSL Delivery ofpubbc Benefit In iccordAncc with Ihe ￿rITable Obircts OF thr Ch3TSLI. and haling due to ￿ Ch#Dfj' Commjssion'5 idxncc on Public Bcncfii Ihe SchcM)I ionunL% ro WiLkn wbjic Accus to the ¢xccllenr cducitJ()n thld t ￿rIS yd I I 10 18 Trcrtyt at Queens￿￿. In tsrder io supwrt (￿le¢T1%￿ ¢nsur¢ that no onr ih utludcd From thc 4>￿TDJthiry to b￿¢r$i from thss ¢d￿￿?￿On. thL Govcrnors rtydkc aiMilal full)" mrans-ttstid bjtsary iwArd5 of up iu IWAb rcrni55iUTh itb Mpita￿ tirCumsunc¢% A xhflaryhip can k •Dd fvcqucnty 15. cnrnpkrncntod bw a burSAry. continucs TO 5tyerwhen bnks ￿tith a nutnbtT ofiotzi pnrn￿ SthtMAs fvr li makes Ygiabk. ai nts ¢har8e. ils Iicih"tic5 such a5 the athl thc thrauc. as ¥kll ￿ Quid￿r and Indwr SPOILS •reg5. though Jt skouid thal has L<eA restllctcd dve w the pgndemic. En8agemenT wih suppkner4 cu510rner5 and others in a bustness relatitsnkhip with iht School The S¢hwl'% supplier ind cu5r(wn¢r ¢wm¢n4 Indudin¥3Jl Fxdic￿5 and iuntrxtts ate de%iw)ed io enswe a f￿r d rransP￿CnÈ ippr(Mch ro ail bu5ifltss tTrnSxtion& The S¢hwl in platt ¢I￿r aThJ cr#n5par£ni L3affs foT au facilioes I￿111b1¢ for cxr¢rnl ￿5¢ and thcsc arc anknually ￿nChmark￿d I￿n$t othu ¢L￿P￿￿￿e fKiliiie5 ro cnsurc ihci. rtprcscnt f21T vluC. Th¢ Sthwl opc¢atr5 a rranspwr F￿r¢meTr[ prLKUS fw a y￿U¢ ly¥¢d ¥prOV￿ structUTC. thrTcfvrr cnsuring all s¢rYices and producis arc ￿c5$¢d thc 53tnc ￿5[ ￿lUC ￿ u5k mitigAtiOTh Cntena Ort ￿ther xn Individu￿ or Cyclic￿ IASIS as aPP¢vpriatr. Th< COM￿¢r¢S rqulir [C￿￿onshiP mznvmrnt all sttakwc scrvicc5 5uppkncrs LO ¢surt cfftttiFC toLrAtt mxn94tsncni gnd cng•gcmenL Engwenl wilh employtts "ll)r sch[￿ EnC(mI￿5 iunLribuEion al ￿1 k¥t15."lThe PDnoFd, Bur5ar•rwJ memEtr5 of the S￿￿)[ ia¢rship team trtrtt rcEularlv rwgl fOry￿S io S￿re Thr khoui cntOU￿ the inydvtmcnt of Its cm[A￿<c. through icgul% STaff mc¢ryn8s rhardi45crninarc irbfonnauDn of wrticulaT C011tcm to cmploJ'¢cs and thtt)4h rcwlar 5tyff 5ur%'c!s ar￿ Suff ctrnirytts fnr rtctivin% thtir VK¥S. Tcm)l)" mceunRS ate hek4 Df Ihc Quccnsweod $￿ff Infortnwjan Grwp ￿hich ha5 W5cnttuYcs fTom xtrO¥ all areas oEthc sthrA)l thcrc An 9Utt￿ bt an1￿CrÈlI through th¢ ￿[¢S¢n￿[1¥¢S.

QUEENSWOOD SCHOOL IJMITED ATr4TrJUAL REpoiYf OF THE GOVERNORS ror thc year ended 31 August 2022 New sr2ff atc fullv IrKIucTcd ￿mi Ix>th (cz(hcr5 and SUP￿rt 5tsf(tskc part In trai￿n￿knth bclorc thc 513Tt Df ?￿d dunng thc cl>od yur. Thc sch¢￿ IS committcd w en%uring cqualit). oftprx)rnJrtity fuT all who IcATn and wtk here. 11 15 comrnitwd io th¢ ￿n(]rAC of ¢4VXtuniUts th?¢ is ernwicd in our EquxliLY. Thvct51tT Anti- Rqasm Pobcy whi£h is k¢pt undet constartt rtviw ￿. Out De￿[1 Httd PupJl$ Jtyi itis ttsU￿rIY disc￿￿ed b>" the Scn¢or JA¢r%hip Team. Carbon aknd Energy Us4c CC11sword Sch(xA c<)nunws ro bE in * proccss lima At tduCinR ia eneryy Ind Kreenhou5e cmission5. Wt ire dcvd4>ithg a kxw LLThI Strai￿. this. ￿1 arc cutrcndy frfusscd ¢HY. lch15￿ ¢￿￿8). effiueni whLYC in thc 5ch(x>]. iTKluding a <miSSiuns ek.crrit pgradI￿ e￿IS￿ngHVAc SFSIrnLS io rnore ¢nU￿.trfiC￿1Ione5 whettetr.cr w1) InL1ts4bngcncrg¥ con5idciati￿5 in t￿¥ kni1dl￿dc5v1 Adopung behZWir￿rX1 chzryc mtasuTcS he¢e The Ch4raEttt ofQuethswood Within i tating 2nd Supptslliv¢ fraMe￿¥￿T￿. Lilio). 4 dynamic Jcxdcmic ?nd iThtdlccIu￿ ich1￿.￿nCnt is vlurd. 5rudcnis uFchr TrllKhcsi •biliry Ihnvc hEri Ifuf ¢x￿PIc. In rtc¢nr yLars. Quccn5wothan5 havL bELn offered pla(tt at Oxforf Cambrty RUSSCD Group Lnii'ctSIOc& as Wrll as kJdiDg Doiver51tic5 in Chin3 And d)c lifu￿d S￿[¢$ of Am￿£1. tC9d￿￿8 EnRbsh. C¢0￿PhY. tJw. Lingui5¢ics. m￿l¢rn Forcy NatuTrJ Scn¢rS). li 15 rA)i onltr. Ihc wkn thnve knw0￿r. ￿ the Sthxd acieptr pupil4 with a rAn8r pf The 5choo] is vrfj proud of hr)w tnu(h i¢ DjwU￿5 tXi5 rh¢ ¥xdrrnir profk of all the Irtd itt$iSts Ihat eKh .5 ￿lac￿l¢ 5U<ccSS is $upFKJllcd by z dNcsc id ctrcvrric¥13T WOWm¢. rtccni Pftni ir Iucclncdw. 'Quecnswcd PfOvidc% Ihc wrsUl￿ th£ teat3'. Thc Sch(￿ Js for ill .￿ory ￿rtIcUl￿AY Tcnni% bur r¥ht ￿rOsS thc trtttjwt TKxformin¥ arts 2nd th￿¢￿￿ dcpaTtment-kd academic eniichmcni, ¢LhSwwd uff<¢S LXat¢mrnc, ¢hula and ¢ACillL¢Itt. IDching ￿ pwotJJ stsff at IKIP &YdqJ T¢S1]￿nc￿ ￿ adapraknli4" and tv ch￿k thcrn5clvcS. Thev to insul 4 scnsc OF É)¢¥$￿￿Yc ith thc 8sAs wh¢n titumph rKI when thes find thing5 Quttnswuod ieiy the kkn?I vmth jrnb"W￿ deTerminatiun. ftth. ¢plificatiuns ¥nd y￿U￿s tu lasL a rif¢ti(nc. Obje¢tive$ lor rheye . Thc kcy nbFttsvtS at the ouL%tt of I￿71￿122￿￿t the s•mc LS the ptewow% ytsp. "ro orrrr In txccllcnt cdUaUc￿ thwh x brfmd ind b￿an¢td Cumcuhjm. CODuDu3Uy sc¢k ￿ improve cademiC T¢J prtsrnoTE the ￿pPinesS JtKI sdf-e51f¢m (Tf WT15 by thtm J5 1fKlivlu￿I whrtw¢r their p￿r￿￿>r iatcrc5ts To tuStEra Ioye of Icarn¢n& rngui4 athl &hrc To pxorn0￿ intemafional. (Ults￿lI and rdiiid urKltr5wding To prr)myi¢ rnorAL values. rKi ir￿15¢ &d5' awzrcncss ol. and thrir r¢sEx>n￿bilIIlC5 lu. thr widcT worki To prOv￿C OpFthh￿tItS fot ¢0 (h2llcn8e thc¢nsdvcs irl a yryde r¥n8c of 2cuvstiC5 includy the hum3tutie5, the •Tts. the 5cJences 5P(rft To pryparc nocjusr for ￿xI hlBhered￿l￿￿. for h.fc To cncour¥ prrnt5 to Supsx)rt all of thc bfe of the khool. and w ir¢¥olv£ paren￿ fidly in thc cducau¢Jn of thtir thtovBh thc us¢ of umcly. InfoffflaDif and cfft¢uYc communicaiion5 Following frthn J Stsxt¥y Da¥ hdd in Fcb 21 the Board has adcpial an Scr Df Objrctivt5 Supptjrt th¢ S(huvl Visiun.. Til Ptiwdli. rttniin all.krl% yb￿11 ￿1h Ifeih(wJis1 fiwndjum <erttrJl t<? nur To rootinuc ￿￿￿oW w a 5¥zc wc cafi fidfil kniiarMI ind 5rJll dchirr our cdurxlion31 oflcrits¥

QUEEN5WOOD SCHOOL IJMITED ANNUAL REpoirr OF THE GOVERNORS for the yexr ended 31 August 2022 To m¢k4ernise wr T￿￿1￿en}￿r￿illlI1W1tr WL% nt the crtsts￿ and dthylcipfiu %pice thar w511 m3Jimi5C >7d.ctntred It3minR Tr) dt￿￿111P Im￿¢M￿nE A Icug%¥d Dyl￿ L¢aming s(lak￿ ￿l¢r all pupil% h41-r a 51niillT d¢1.￿[ l)n wPAch Icim. bnrt¥rt¢ OPP)rlu¢lif Jbng l uniformiry- (hir cnhancc sxfct!. xnJ Se¢uri￿ for tyur puiyl% Til fvtihcr ¢ff hancc ih¢ SC￿￿￿1$ w¢ll.btyn¥ w>iiSirfbll in ijrdcf 5upwn and zlkTrW thcm ts) styr>V it) onti(k.nct J5 indii'idujls Thi)" ￿11 chillcnJryS JS Ufl)OrWilitK'S ind &.M(Hl$V3￿ dilirminariwi rv Ihff Trtrc in Ill nt rhcir liir. To cynDnuc to dthclop afid t￿h￿te Out tILTibk' ath4 tull tthrdin8 Otfec tor ￿. anli foat5 on cn51i[i￿ thxt wc ryi)w (Jyr initnAIiL)n)l ÈmilF w￿1 (nn(ri￿le mwh 10 rM)r culwr31 dii-cNt Tij CiiniinuixL>li' irnPftiVC. lh¢ &xth F¢￿M iJff¢r IN￿laIry w ihc cxcitctncntand tsppJrtunitiLS tTLztrd b}" To enhgnce Jutt Delyli￿[ atbd remu11erAD¢)n ijpwfftunitics thAI ￿717 iuchifiKexcdknce acr¢>x% fhe rrijuluni Tij ￿'L}rk Mryrh rhc OQA In ihc lifd(Iw knirits oi thr(M¥h ￿re¢r 1d1'￿t. xnd appropnate Supw¢r Sitatt8ics to Achieve this Yea￿$ ObjeCTi￿$ Focu%Sing on thc Rewscd Obiectrve% for the ￿￿T, Ihe scw F45 cMunued ro itbyest ¥n our xdffiiS%ions and rnArkefjn8 deprymcnt5. en5unng Ihii chc QwcnswiK)d mcs5¥ rcrnAins strong AtKI clcHr for ￿17 5PAff. We also look deci￿On io TUTfucTure our adtniSions dtpzrtmtht whith kn.ed the sch￿1 to have • dif(erenr focu5 on both t￿. lucal intcrnauunil ILtTUI(rncnl markits. We have enbob¢d Our suff LKAIY ￿ong￿ryth * nymber of wf¢59atd5 ￿ order to look At LO Our fxiliiics lsrK£sficU)' Scicn¢c thc A￿TC). Ccntrcl. which wll cnknncc Ihc td￿￿tion of &rls. AFooinrrncnts havt bttn tnadt fijr borh sugre4y le9d and An AssisTAni Hcad of l¢arnin¥ SUET￿ rLnd irtllbcing. ThcS¢ wll ￿10￿ th< sch¢M)I lu movt futwaid in these ATthS ifi the fortk0rnl￿ yw. Princip•J Activities of the Year Thc ChAriTr yovidc5 btxrknng And day foi ￿A$ from thc gw of 11 ro 18 in a yn8le 120 acr¢ YTC. hr thc ycar cnd. thc School ￿11 4_1714221 coyrtpmsifig 225 P841 dgywtls gnd 2121IW knafdcr5. This si￿]r￿artI rnovc bAck (o boar<hn8 is prima(ilw &Jc to thc r¢4nt¥odvcrion of l ybt prkagcs. wknch had bectt duLiiig the Coiryd-19 Pandernio numbtr uf tvricnt #thd ptsf parcnis co￿Dr￿JCd ID provth mqny hwr5 of iY)lunwy 5crviry dunng thc )rar. Tht Board bkt ro thi5 OPwrn￿jry 10 its for thcirffntrous and luxble su￿OrL Ope￿￿0￿aL Ptrfotmatbce ts(the Queenswood En￿lSe timiied 102112Z Entcryr15t Compiny OFxrktrd rhrLMJghi)ui ihr I'rar. thc maior l¢JCW% irwm TO norrn￿ fur $ptsrting activitics ihc school 5wmwung oFwDon rCCornmuw￿ along vnth cxtCrn3] kDings for r￿tbAll. hockei., tennis, %WirnrnI￿, fict￿11 and fencing. The￿ werc rcsdcntil actityrytycs thruu¥h the encerprise compwv ov¢r t￿$ STRATEGIC REPORT REVIEW OF ACHIEVEMENTS AND PERFORMANCE FOR THE YEAR Ope(#tional PerfQrnW￿e olthe Sth¢)ol ￿21/22 Within a carittgand SUPPOrM'L f¢#mrWOtk, ytK4 cThjW' • dy¢wnic xa&rnic cyrricvlum Ind I￿￿￿CctUi1 ichiciThcni 16 highty v¥lutd. StudtnTS of thc higheqi biliry thrivc hcrc If(y &Ygmplq In nxeni)ear4 ￿e¢￿SWO0di￿5 hiit bttn oifcrcd placc% ai Oyfv¢d.CambDd8r Jnd Ru.4seM GrLlUP Univusiii¢5. a5 wdl ￿ IDdl￿ Univ¢r5ilic in Chini thc Linittd Stales of ,Im¢ric4 I￿Ing Eng￿5h. Gevgrnphj". Liwtir5. Modrrn Fotuiy and Nanj ScKnce%l. Ti is ordy thc brighi¢s¥ who Ihnvc hryE howcvcr.L4 thc School atccpts ypl% of abl￿¢￿5. Th¢ S¢hool 1$ VCLV proud uf TrKJw much ii measurtNv raise5 the acknic ryofile tsf 911 the ￿TI$ Jnd irt5i5ts cach 1,5 3cthLtn¢( SuiCcSS IS by a dJvrrnL' artd (￿ClU￿ cts<urncvlaT pwammj. A r£cLnt ￿rc￿l Put li SuCrin¢slv".'Qu¥¢nswooA protrkks th¢ trsdL% wiihoul l¢af5'. Th¢ IS famou5 for 5FWE wtscu&r4"

QUEENSWOOD SCHOOL LIMITED ANNUAL REpoirr OF THE GOVERNORS for tht year endtd 31 August 2022 lertrris. llght XfQ55 the crcuv¢ gnd TrJ thmugh d¢PArtm￿l.￿d cgdcmiC ennchmenq Queenswoud offcis Ind cx(clkn(L Tht ceithing and p4￿￿ staff 21 Queen5w(MA hdpyr15 tts develop ￿￿llence ￿9￿￿.7•ry aTrJ fo Ch￿1&1￿ Ihemsclvck Thcy wjnt to inyil i xs)5c of PC15FKCUV¢ in Ihe pd5 when thcy r¢iumph ￿ when thcy find thn8S hgyd. Quetnswood wrls kavc thc SthoDJ with JmlMLiun, hicrtd4 9ualificatM>JJ5 and vajues ￿ hsi a lifc(imc. All d¢pArtm¢nts artd sraff are gctsvety ¢nRyd th dJE SchiyJ'5 rrfornJwKE. whether this is frojn g pvrdi. themi¢ Dntribution Or one chaT invoivts (C￿(Urn[U]ITt￿vIUcS ¢>r $￿rt Tht impatt oFiTrKse conth￿￿On￿ Is Lg@5' personal in m￿￿. c/5es is haftl its VWCS A flaV￿r of x>mr of the iCTi¥iue5 hAve made 4 impAct ovcr thi5 Last ￿￿trr￿C ?cAr' 21ni/22 ExaThufiation ResulT5 Pupil>. PEcnL5 5DFf LLILbn(cd J 5Usth 5Lt tst tmm tE5ults ac QuCcn5￿M￿ ihis ¥t#¢. ¥5 u'D(¥trt L¥Ji)YS ¢CtumJl for thc fif%t Dme %inc¢ 2019. All %ubicc¢< ad￿4￿¢ infcirmitiot) publithtd. liiroid¢4 ti) (rKuX frllSh)n. And th¢r¢ WIS 9 rcdi￿tt0￿ in somc subiccrs. ¢015￿ni In rC5[￿ct OF thc thtkrclli 1055 in timc Kro5$ school: diit to CAJi-id.19 tlfiSurC% %INte 2010 Our pupil% had b(￿rited fr451n Jrt immtd12fc <￿)￿Ch li) 3 full i)Thline ￿nIctAble ind cortiplLILd (k. SPLcikicifiun coniLni of (9th 5ukn¢ct Dmc. a wll ￿1.1$10￿ rKriTrJ. ThL school ItyULSTLcI Irj prk.y LwdLncy ￿ l<mJial y¥anll1uD￿n5 In th¢ ¢xim cuujd ProcL￿d. LVLXI IhtULh Ilus tvidtncc wa% nu¢ tor Pr￿￿¢ pirtd bv pupil$ w3S uS¢(ul. 69.-, of a]1 Amdcs w'er¢ A•.H. tht (MJr£omc Lraecung th wKxb' dtdittoon ro th￿1 stu(kncs d￿0￿￿hOul thc pAiidrillli 11% l¥tiniaiAl¢ Aftr¢mJili. Jnd irJiher4' Ui PtsJvidin¥ 4 iiJiiTrnuiM)% onc thc l.ur gr(wp xhicYcJ d1T Iwt thtrc.l- of il gr2dc5. thc UGiS Poin￿ #Chi￿"c￿ art0&5 tht wlv)k gry()up equI￿d VJ.IAA. ThL %'aluc w&% 0.4 swddc5 W tth(ty. u￿￿￿r%1Th. ￿￿¢¢$ ￿tl)rd. Kin¥% C.(Jlcgc lJMdoo. Lsf. and ma57V oth¢r Ru%ScII unli.cND￿ in ih¢ LIS.1 and IE rwo IIK Thr Tr"car I I Cf)h(Trrt 64.frt yJd¢5 9.1. Jnd g&Y/. ty4. rKriwnxntt. Ilaluc addcd Hlmosr thrct Wlrrtrs of pupl PCT sub￿[. Arnong rhc strrpftg rtsulrs OuiSt2Thding ind1iryd￿ ac￿v￿n(￿li5.. 22 out ui i8 cartd)dares achbevtd li iusi cighi glades 9-7, which C9uac¢ io A'IA in thc previous gr￿1￿ s}y¢YtI. Music Department r)ry)iTC tht CoTrsid.19 diStuptyon5, Iht Music dtprtmtnt IM)unccd and ttsumcd its fiJl w of Iofjctrts (￿M￿tY￿ens. rnusic les5unS 2nd cirtlLsnthJtxr pri Amme 5th)e n￿ble achieve4httt(s by (￿r pupils the wa}'.There hai"e be¢n mink ￿l￿ght5 with tht rrtosr bck)w.' 'A F¥ndi. AFfwr'_<orKcrt m thr ChAF¢I by E.Gtant10I4 QI iixrKd by hci mcmbcr5 2 x Gcsf & A.ltt"el w15 2 % Nlu%lc ScholaT.I & Priniipal's Av4Td holdris Sump FamilTr SeryKt In r.hpd. includirt.¥ Mu￿¢ Itcms 7 & R puwls South LIST 5choD15' Chats)￿[ bluslc Corn￿￿￿0￿ trin￿￿5. conccrt, Q￿￿￿4.5 own !Ich5m• S￿rnS (bct watdEd the rw11￿.uP pv?£. The qr¢r m¢mbcrs (our of (wr music scholar%. North I￿)nd(￿ lfiusic Festti?I co[n￿￿t￿M. k¥1 Q (PA.holdcrl Thrdcd the Isr prize ￿ tht f?old singngcom￿￿tiO￿ xdjudi£Xttd bv rtnowncd lx.tsr knd Singer. ￿8￿1¢ MA) PAriS tthi%f5' kn4cc in Ch3￿1. in(ludin8anihcrns Svng ￿ thc Yer 13 Lea%crs Ch(XT Quren%yJd MwKian of the Ycar C¢Nnpenuon. 3djydKawd by Rachel Loch. [50 3ttd LPO orchest gJymat¥ur ￿ muslc Ld. Idii50r. Si JatDts Church. Goffs Oak. Sun¢h% strtnade Concert￿1th soloists & enKYDNc$ Lowei Sthcd 5ingngc0m￿llts0n 2diudic2trd b!" IVn m51¢ perFumin£e5 Bcn Goldsthwder. Frtrt<h Horn NI#sicwclass ￿ EBHAll ?￿a so]0 reod ￿ Chyi

QUEENSWOOD SCHOOL LIMITED ANNUAL REPORT OF THE GOVERNORS fot the year ended 31 August 2022 'R¢bcako'. Swnmcr Tctm xhool conccry aTrJ wotkthop, ei'cnr rai5cd LI140 from tickcf 5aks Speech Da!. IDUSIC PCTforniancc5 ai the Rud IAwn id QH30 for VIPW. Ovcr Chxpd mu5yc pcrl(wrnincos bEt￿C£th FrbwuATr and Junc 2n Dram4 Dance and Mtdia Pttforming Artk. vidt¢xd Drrn4 mU￿C and bv W'¢St ETh1 Ptr[(Krn￿. O(t 2021 Cajjccllitiort oFJinc Evyt dut to COVKI iThl <Ylv schoDI closurt. D¢c 2W21 khwl Hiy. E}TC. FL J12? ith CFf". 3 wdtum¢ T¢DJYn (u Iiyc ￿h￿Ert. Y￿r I I CKSE Dtarn ffudenL% ptrfiKm R¢th' bF Rnb H#mmMd. Marth J)22 Yur 13 A.Icvel DrAm# sndenis Fvform 5wcenu. Mrth 2022 Q Rcvuc- KThole Schwl Dance and Catthrer. Apiil .￿r 12 A.l¢v¢l DrJtni st￿1¢￿￿ ￿rfL￿M a d(xumtntary dtama rWTrTing thr P(kY Office SCInd￿. My 2022 Year 10 GCSE Stdcnu film devised pjctts. i04Xrtd ￿. DI￿ Walhwn's World's W'orst Chddttn. NIAI 2022 Orjmi Scholar$. PrLKlucrJon of DctJnis Ktlli S'DNA.. M21. 2022 Danct IiIorkshop5- Wc5t cnd blusical Thtxtsc thorcogrxph!. tarltir 8d￿Lfig Ettyithmtnt lilttk. Junt 2022 DrJJni Ivvrk"5h￿S- Phy￿[￿] Thutrc work5hop5 ¢xtrrnal pracDlioncr% fot Yr4r 8 du￿￿￿ Enrich[￿nt Wcck. Junc 2022 VI￿Ung Th￿rIe Company. Thc CAobc Haytr¥ pufoffl￿ Rornco und Julicr and hfxbeth to I'ear 9110 M¢dia cOfflp￿¢rt1 3. film, tn•gwnr. w¢bsiTt and ptth95fc¥rg1i Co.CurrIc￿￿[ Cl¥bs. Drdrt4 Dance. LAP¢U)A. Nlrdi4 CticherD 831kn ￿ 5ttKYtdlin Thtxtrc (rips tts Thc Play That C•fJes Wmr& Bcl" m thc Futiitt and Hedd f7￿er A.kvel Drama Hnd Mt¢knx trjp (o the f¢in8c FcstivaL A% 2022 5upLtb Yesu115 incI￿1X)s 6 SvdYS and l A 8r2&. for thL. 7 A.kv¢l Dtma ca￿11dr￿S 2 A grnJLS In DAncL, Sport Our YCWKD to cOmF￿un0n hsr }'cJr tnci hy tnthusiX5m grtd ￿[redibk 5uc¢¢s> In short ?74 p14}'¢d for i zm. S5xm% drpTuj￿￿¢ rJn 2112 clubs ltrainin¥s¢&￿)n5. thr¥¢ w¢tr 601 17 5WLS and th¢ ti nwrtber ofQ ttams a ph¢nomtrt￿ IIY. The ¢dcbuttd at tht Innu￿ 5FX￿ Al￿5 PLt$Cn￿d bv Old . Olvrnpic ft>wet R(￿an NlcKrll#T. see a.wmrnn' of thr main achirtrYm¢nis cUtT￿l￿V 15 'f¢rnii5 xhDlarS. x 2 Itams In Cup N￿￿￿1 Finals A Luni ￿¥￿111ng stmi- IinAJi5r5. L13 & U li coun￿ Champon5 s￿.[￿d tor r¢￿01L￿s. Playndcn Doublr5 U14 chAmp5. Ll19 pl2tc chamw. b16 YVnncr-￿ bli and U19 F.Inn nJu(xixI (bJuNo% chxmps TunnL'T%-up & L I) ¢Lmi. %4 RL&nl?ttxI PLi!"crs. SThcrl khcA#tt plal'ing ITtr And Tcllrus Europ¢ ¥lTArbcs Icqvn'alrThi ol Jun¢or Grand Slafft). 2 Jnr Ivirnbkthin ￿￿￿er% x2. UK N(). I sch￿)1 fijr Giyls. Tennis &s¢d Im rJnkias- Hockcv- Li12 EAsr Fin3h5t5. Ul 3 b5t Fin3listS xnd CDUlltv Cup Tharnp(bns. L14 &L".13 Ctunty Cup RutJncrs- up. IT16 Indnnr C¢>unry Runn¢r5-up. l5[ XJ . Ezsi Irthir FIn￿LSu5. 4of E￿1?￿% Hockey ClUb.Q￿rtCr fin￿5 ollndewdcnt khools Hockey Cup. lnth￿dUJj HcKkcv hoxM>urs wcrc ou(stJn¢bnw 2) coun(￿ P￿Yers, 2 tcgI￿￿ plJ)'¥f% and 2 intrmaiMm41 plJ!tr%. ren£in¥ ¢nnDnUc% thnve-we hgve S rymwl pb%Yt% 2 mvemaurf￿41 AthktK5- IXuonxl 5th¢Jols High Jump NymTrKr l. ? 4thkt¢s placcd th mp i ac County Charnpiunship% Cf)unty finaliSL%. fh4trict chzmprms in 3 ¥ youw. k12 IndiTriduil Di5(rict chxmpion5, Jnr And Inicr finili5rS in Cvp- Hc*r5c riding-wr15 Icprcynicd QL￿Ens￿l￿A In N5￿1 c%'¢Tht5. IndiiridU￿ fidtr5 hiit had succc55 Ai cuun￿. ryonal ind n4iinnil cvcnty NLtbAII_ 2 C¢YJntb Pla%LiS. J RL¥mx￿ PIIiLr4 l Lnyland WLi￿UL't IhL n2Dun3J FurKball- 2 il¢Jdtmi' PhytTS ai Tott¢nham. l TSF.4 U18 Nalyonal Plxyei. Winners in 2 Distiict tuumamen Cross CDunirV. hlid Herts rh$￿{L chthisxuns (YTII.6th1. JNR5 N2t5[m￿ fmaiists. C.nck'ei- U135 gualified for IAdvTavemcfS Counry FIt￿ls.

QUEENSWOOD SCHOOL IIMITED ANNUAL REPORT OF THE GOVERNORS for the ye¥t ended 31 Au8Us12022 ifvinimsng- 6 $1I7mmeTS J¢hi¢YineCouoTh ifi hitrc h1 so¢N WL%Nnding pefFOtmancts 41 club leirl, ¢(￿n￿ And njucxial ((￿m￿lI￿r]I15 wih 5ruJeni putnrrni￿ b¢st in the Uiynrry fvjr in ny L13. Jnts plactd Y Cwnti" Itaxuc lrttets Impr￿"￿[$ Troph)". Tnps- lu Xl actrndcd ID Lr¢d5 i d#v5. 75 pattiapatrd In a HIKLrJ, Tvur ty Bar(¢h)na. 35 T¥f¥>W il J wlitrt (an tulhl aThl Elill Jtl1v￿l)llr kspiJk"¢ c?flrnil rncdcrni%t IiUT leachi￿en￿rf￿[[iCilt5 Jl rht CweAungand devc1￿1￿￿I.$PcC dmt 11 i¥t2ximisc krirl.terslTcd I￿rnin To drl'rlcip and ImplLin¢n( a D¥￿1 Lttrningstrarrgy kn J]1 ww15 h2Vt a <imilar ￿1￿cr on which n Icryrn. knnong nFvWrt￿IlV A unif(KmiTh thxt ￿1) tnhAnc¢ the qxfttv xnd frjr fALr pupil% To turchcr the ￿￿11-E￿ing irt Order ￿ supwry wls Ind ill0￿. Them i ¢unfidLnce Is intli¥dual%. ThLI' ￿111 liam chilk.w-C is ￿11￿11L% Jnd aL￿?(M$[￿Ti. dL1¢Trninx[￿j7 ro Ihrii'¢ In AU xspttr5 of their lil'ts. To conDttue to dth.clop Jnli en1￿(£ Our aThJ fun IMXrd1￿ ofFci for ￿1. focus Ort CnSutitl8 that I￿r inrcvnariiirtal fniJltr CT Altribuit srb much Ti) ljilt culnjrnl dii'tNn' Ti) Cl)IlEin￿lM￿i. lfviprLW¢ th¢ Sixih FIWM O￿tr bv ch¢ txcittmtni and iipwr(uniri¢'s crtsicd EM. Tn enhinct Smff tkvtl4ytntni and rtmUneA[i(￿ (wp¢)rtiinincS Will ensute cea¢hin&cxttllcncc itrvS% rhe CufM¢uluin Tn ￿1(h Th¢ OQA in thr liidiKw i)t thr(M4h advic4 a pr￿￿lE£ 5upP￿r FtNATr4CIAL &EVt£W AND KESULTS FOR THE YEAR Tod bncCrtnirt8 tev￿rC£S ztMMLnttd to £11.774 wiih ItsCA￿CL$ cywded amounonR Ets £112Mk. Thc nec opetsung vesuli of the GTOUP FOY the yeay wis A wrplus of £467L (includjng ￿l￿511￿$s<S 00 invt5uxnr51 (2021 £583k surrlw which ￿clud¢d fwkN¥h It￿YMC o(L312kll. fund5 havc incrtASLd in by £467k. rhr rotil rcsrrves ai 31 August J)22 £19118￿ £l.Oiik rckni¢S ro the rO.￿U2￿0n re5eN<. £131k 9fr t¢5rrJct¢d TcseTve.% and £23 r¢prcscnLS shxrt Th¢ r¢mirdcr. £17.Wjk. Af¢ 8enml rcpwnrcd b¥ fixed a%icr5. m￿¢ up oi l)Dd gnd ￿JIldIng& Siaff Pension Schemes Thc Schwl L44k of pcTh5ion Dn its Ba13tKc Sh¢ci dauon to tht c105cd Schtmt. This is luljv li￿1but3bk ry>The Growth Pkn perL%￿rn. The wll [r￿c￿ thi% bxhibtj. T)n bz%iS. Reserves Poliry Frcc rcs¢rycs 4r¢ dcfined as ru¢rYcs wbKb frtdv I￿1¥6￿ WKI uctud¢ r¢stricrcd fvn(L%. d(s￿￿￿d fwJd$ and any fixcd asxei In cornmoD other Indepcndcoi 5chwl4 th¢ Govcrtws hai'c in￿[Ca sllb5t3nti￿ 5um& thc Sthot>l rc in releni w and have a tEfu￿lSh￿c￿4 dcYci(ymtnt imft5tment tu dcVcl(p arKI mntrin txcellent Ixibiic$ foi OUT pupjis. A]thwh the rrtt [eser￿S ate ai * rrtuvc bAlttcc. this iihEsuxfc5 thc eNtrnt of invuirnrrtf Jn thc Schwl, which li (yfflm(]Th wactscc by iThl¢penderti which hgbe io finince thrir Own CAPI￿ inve5trn¢ni tA4nk Tht GovtmOr5 con￿d￿ w¢n thc 7triluc OF fixed bs. tht.stho (IHdUdl￿ ￿rnC fnr ci>rc Stho(A r￿ed51. thc I￿712b￿ facility. and tht incrr&5c in

QUEENSWOOD SCHOOL LIMITED ANNUAL REPORT OF THE GOVERNORS for ihe ended 31 A￿gUSt 21 Currertc and projected S￿￿cn( rds, thcrc 15 no nrcd w build up z frcc rcscTrc. Thc Goyemths rccognisc that thr IcV<l OF re5erye5 flucwar¢s dunn8 of ￿vr$￿￿tnt ID SCI￿?] and i[[￿¥eMcnts out ba#k are i phcc to wovi¢k xn %dc¢ywt'tsfcty nci. xthd if (4￿Yed. Tr Rescryu Polw. ¢s on gn annuAI bgsis ith CWSidcraDort ofnsk Donationi and Re$¢ri¢wl fvnds Thc Schwl has bccn cxirctncly lortiinatc rrcuyc ￿¢￿t5￿ dotsliDns &fts mny ￿. A successful fiJndr2i5ing for (￿r Siyth FOTM tht 5th(￿ ￿(cl¥< in eXCC5s oc I Pilk in dongcion Risk Mangemeni 'lthc BoaTd of Gov¢rrrfs ￿ r¢Spon￿bIt for rhe rrwiwmi of risks fac¢d by th¢ ChArit)'. A Risk RcgiStfT and rram¢work, dc[￿li￿ 5iwficAnt risks rdAuryiD thc $￿teS5￿￿ C¢￿tirt￿ty of the Ch￿￿.$ o14"cus. ss M•in￿ned. Cofisideraaon ofirtdiirydual risks IS dclcRatcd io the Approwilrc Commiu¢¢. which sc￿CW5 thc5C LXJ • cyrbcd b45￿. The Board re￿¢￿5 Ihi% centrJJly (XJ > tetTnlF The key controk usEd by thc Charity indudv. mut ovctsighi Riik F¢mewn Abyndas mifturcs for ￿ Poard •nd Cornfi￿￿£¢ mccti Terms of refcrctKc C(JtJJtru¢trc5 Srrgwc plannin& budget1￿ and tnzn¥mtnt xCountingpTh￿au[rS Esubliikd stniLtU￿. cklr liilc5 uf¥ep(Jrtin¥ and (vnsuItsLM Foymzl ￿l￿1c5 Ckar iutk)ri5iuon ￿ Ire￿31 kv¢l$ Vctiing procdurrs as rLyllfcd bi" liw for￿. Pru[￿[10n oE(k. vuhx'table 'lThrough t%￿1$h￿} ri%k m8n9k￿r worydur¢s. GOV¢[￿[$ art SatssfiEd that ￿ rtUjOr risK"s Idrnrifird hv¢ bccn ad<qu3￿hr MID￿t¢d ¥ hr 35 i5 pracDribJi ￿￿51￿C. It 1$ r￿(￿sca thil SYStcrnS (Rn {m￿. prowd¢ rusoniblc. blliffat abwiutL'. SSutxncL thAt mijor risks h#¥¢ a(k.quarL.Ii" m•n¥d. Key tisks includtr. Any siru2tion which would wc ri5C to 1 51vif￿an1 dc{￿nC in wpl Toll khod rt￿enueS. this indudtt thc direu and indireci irnpJ¢r of 4 in(htyor4 hightr inlEttst ttrs athd highti entw. coSL The retnovjl of th3riublc 5UTUS for itdcnt S(h( Ckatjgcs in tl UK c¢ort<Mny Or In OVCTSW ￿(K￿MY fn)m thich d￿SchO￿ tec￿E% L￿Sla0vC or 6scai th•. titkn ¥Jithin the Edutitirt settot ot the irtdewde¢Li schools sCCIO mnFC spccilicil corn￿￿￿0￿ frorn o¢hcr Pl￿d¢¢S ofifKi¢pendcnt xhty)I A rykn.at(ack which itwolv¢s the ]oss of pet50ft￿ d•rA swifiundy imwcts the opeTation and rtputzUu¢) vlthe Schoul Goir•8 Concern The Governors havc conydcrcd dlc P05itityn of tht bmp. thc level of Ffcc TeseTres. li9￿1[1., the 2022123 budgei and accoryanpng c15h forc(¥i. tDFthrr wth thc knng Lemi strtwc plan and the level tsf admisSlOnS for 2023124. A5 J cowucnc¢ thc tyusttes ￿leY¢ the IS Vstn p]aced ￿ rnarr4e irs bllsirss risk5 succes5r￿1 d thir thcrc tjo mz¢cna) untcrtzJtsliCS in p￿￿n8 thcgur% cooccrn for the wcp3taoon of rhc 3¢counis Siattment of Di￿(A￿ve to Auditovs So tat as the Gov¢xnor5 are awue. thcre is no tdcvlni •wJii of thr Compznv'5 gte unAware". glid Thc CTuvcmor5 hgvc ￿k(n all thc thit tho (whi to havc tskcn 35 Dirccwr5 jn ordcr to mzkt ch¢msdve5 aw#(¢ of any WJ eSTknli5h rlkit dJE Cornws. S auditots of th1 Informguon

QUEENSWOOD SCHOOL LIMITED ANNUAL REPORT OF THE GOVERNORS for the year cndcd 31 Augusi 2022 AudLIoTS Moure ￿0￿5[￿ kntth LLP hAve itK&￿ted ￿lIkn￿$S to ry>nunue ijl offitc and. in atcotdancr ¥rith the prowuons of thc cornw￿ Atf. if i% Wstd th1 thcj ￿ rc-apwxnicd xuditoys for thc Cll>Jifg SfRr. Tht Strattyc R4K1￿ wèch [￿rn$ ol thc ￿nDU41 RcFQ¢ 15 approved ty. Govcmot5 in th￿[ as Dirt¢tor% In ctsmwv law of Sckn(A. By Ordero(the Boa lan Williams acrk to the Governor& Datc.. S May 2023

QUEENSWOOO SCHOOL UIIITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF QUEENSWOOD SCHOOL UMITEO 0￿M10Th We havè audrted Ihe financ￿ statements of Queens¥￿￿ Schcd Limited (the went charitable company'l and its 5Lthidianes Ilhe 'gmup'l for the year wYed 31 AugLL81 2022 %thich comprise the Group Statement of Financial Activilie5. the Group Summary Inc(xme and Expenditure Acrnunt, th¢ Grwp and Parent CharitatrAe Company Balance Sheets. the Group Cash Flow Stalement and notes to Ihe financial statements. induding signif￿ant accounting polioes. The f￿)an￿al reporring framework thai ha5 been applie(l in their weparation is applicable law and Unrted Kirydom AEcounbng Standards. including Financial Reporting Standard 102 The Financial RerMYbng Standarij aPpI￿able in the UK and Rewblic ol Ireland (Unrted Kingdorn Gen￿alty An We conducled our audit in accordan￿ wth International Standards ￿ Audiliry IUKI IISA5IUKII and 3p￿1¢8b1e law. Our responsibilities under Ihose standards are furlher described in the Auditorfs RespJn5itNlities for the audrt of the finanoal stsiements secticMI of rmjr ￿p(rt We are incjependent of the thanlable company in accordance wth the elhKal requi￿rn￿nts that are ￿le￿an1 lo our audit of the financial staternents in the UK, ￿ClUdIng the FRC'S ElhiL31 Slandarf, and we have lulfilled wr other ethical responSi￿litieS in 8cCNdan￿ with these requirements. We believe thal the a￿j11 evidence we have obtsined Is sufficnt and appro￿818 to w¢￿•de a basis f(Yow own1¢￿. Conclusions relatin9 tl> 90ing ¢on¢ern In auditing the finan￿￿1 sratements. we have c(rtluded that thetruslees, use Ollhe goiThJ corwn basis of accounting sn the preparab.on of Ihe finan(ial slaterywts 1$ aptryriate. Based on Ihe work we have Perf￿rned, we h3ve not identrfied ary material [M￿rtaInbe5 Telab"ng lo events ( condrtions that. indiTrndualty ty ccAledNety. may ￿8t signffiGgnt doubt on the group's And Parent charitaue tompany's aljlily lo ￿b"n￿e as a going (xjncwi for a ￿0d olal kasl h¥elv8 rncnth5 from v4hen the finanual ststements are aulh￿se0 fw wue. Our respons011￿.es and Ihe re5F4Jnsbdities af the InKstees vAlh resped to g¢ing concem ate described the relevanl sects.￿$ ol this rep(rt Other Infonnation The other informats'on cornprises the informalKJn ￿cthjded in Ihe annual repm, other than the financial ststements an(Y our 8uditorfs report thereon. The ITUStee5 are responsible for the otrer ir7formalio eonlained in the annual reporL Our opinion the financial stalements doe5 not cover ihe other information and. except lo the extent Othe￿Se explvity ted in oui ieport we do rK)t ewess any forni ol assurance U)rdu51r￿ Lhereon. Our resp(xth"li¢y Is to read the ithr Infonnatir￿ aTrJ, in dow￿ 50, consider vthether the other inforrnation is materrdlty int￿9stenT with the fin￿claI our kn¢y•Aedge obtsined in thg course of the audit ￿ other￿Se apFeats to be rnaterialty misststed. If we identify such material inconsistencw or apparenl material rnisstatement$. we are requir8d to determine whelher there is a rnaterial misstatem￿l in the financial statements themsd¥es. If. based on workwe ha¥e performed, we condude thai there is a material misstalement of this other inlcmabon. we are required to reF#yi that lacL

QUEENSWOOD SCHIXIL UMITEO INDEPENDENT AUDITOR'S REPORT TO THE PAEM8ERS OF QUEENSWOOO SCHOOL LfllTED We hove nothThJ to rewt In Ihis regard. Oplnlons other fflatter5 prnscribed by the C¢)rnpanie5 2006 In our 0￿ron, based ￿ Ihe ￿rk undertaken in the wr5¢ of the aLKlit.' the Information given in the straleg"c report and the Imstees. annual Termyt forthe financal year fcw which the financial statem￿$ a￿ [Kep8￿ is cOTrgs￿t wlh the fiTran¢ial Statem￿t$." an(1 Ihe strategic and the Iruses' annual rekW)rt have been prewed in accordance with apptrcable Wl requirerrEnlS. Matters on whith we are requir￿ lo Trport by exception In the light olthe krnwAedge and understanding of the group and parenl th3nts￿e ¢{￿panY and their envIK￿rnenI obtsined in Ihe c(wr5e of the audrt. we have noi ￿en￿rEd rnaterol mtsstatements in the straiegi¢ report or th8 truste85' annual rewL We have nothing to reM in respecl of th8 malter5 the Cornpales kt 20C6 requlres us to report lo you rf. In wr okMllK)n'. the pavenl cPT8ritat4e CLknWy has kept adeque and suifoent accthjniing records. or relurns adequate lor our a￿Lt have [￿l been received from branches not ￿$1[ed by us-. or th? parent charit4e C￿panY $ fmancwl statements are not in agreement with the accountiny records 2nd returns., or certain discknsures of trustees. remUr￿rali0n sFerAfied by are not made", or we h8ve not received all the inlormation and explanation5 we requi￿ for au(lit. Responsibilities of trustees As explaine(l rntye lultyf in the trvstees. resFKxthlities slment sel rxAon page 13, the trustees (who are also the lire¢1￿ Df the charitable c￿￿panY for the purposes of company lawl are responsible for the p￿parat￿)n of the financial slatemenls aThJ for tiw satrsfied Ihai they give a trje and fair view, and for such Intemal wntrd asthe trustees deterrnine is necessary to enab￿ the preparotion olfinancial 5tstements thai free from rnateri misslatemeni. whether due to fr8ud or eryor. In ￿￿ponr& the financd slatements. Ihe trustees a￿ respwsitrAe lor assessing the group and parenl Larilable company s abilily lo continue as a g￿n9 concem. thsdosityj. as appI￿able. matters related to going concern and using 90ing C￿teM ba5 acccKJnting unless the trustees erther iniend to liquidaie the group or pa￿Trt charitsble o)mpany Cease Operatior￿. (K have no realistic ahernatNe but lo do so. Auditovs resp¢Jn6ibilities for th• audit of tht fin￿la1 s¢atem•nt$ (Xr objectives are to obtain reasonable assura￿ aboul whther the financd statemeTts as a whole are free frorn material misstalernent. vthether due io fraud erTor. and to issue an audiior's rewrt Ihat i￿lUdeS our OFrfnM)n. Reasonat4e assur8nce is a high levd of assurance. bul 15 not a guarantee thal an audit conducted in accordance with ISAS (UK) wi13hv8ys detecta material mtsstsfelnenl when il ex(sts. Miss￿lements ¢an arise fr¢yn fraLK1 ￿ errLY and are ccffisidered material if, individually or ￿ aggregate, Ihey ¢wld reas(wbly be expeckd to influence the econ(xnK deu510ns ol user5 taken on Ihe basi5 of Ihese financial $￿eMents. As part (4 an audrt in aCc￿￿anCe ISAS IUKI exercise wofessKJnd aThJ mainlain ofessitinal sceptitssm thro￿Out the audil. We 0". Idenlify asse5S the nsks of material Mi￿tatement of Ihe ststernenis. whether due to fraud or wror, dewn and perfemi audit Procedu￿ responsive io Ihose risks. obtain audit evbjence that ￿ 5uifKient arKI apwivla￿ ￿ provide a ba515 Ic our opini￿. The risk of nol detecting a rnaterial misstatement resuM'TrJ frorn fravd is hHJher than for one resulling frorn

QUEENSWOOD SCHOOL LthIITeD INOEpeNDENT AUD￿OR's REPORT TO THE MEMBERS OF QUEENSWOOD XHOOL UMITED error, as Iraud may involve CL￿S1￿. kygery. inlentKffial omissHyB. misrepresentstions. ￿ the override of ￿ternal contrd. Oltsin an underslanding of intemal Cr￿11(￿ lo the audit in ryder to despan audit procedures thai are aKJropriaie ￿ Ihe ¢ir¢urnstances. but not for the purposes of exye5yng an opinion ￿ Ihe effectiveness ol Ihe 9r(MJp and parern chanta￿e ¢￿panY'S intemal control. E¥alvate the apyopriatene5s of acwjnting F￿￿leS used and ihe reasonaL4ene55 of accounting estimates and rekted disd05ures made by the trustees. Ccfjd￿It on the apwor￿8[eness of the Iwstees. use ofthe 9Ding Conc￿ basi4 of accountin9 and, based on the audit evkJer¢£ obtained. whether a materiaf uncertainty exists related to events or conditic￿$ that rnay cast 5ignfficant doubt on the grwp anL1 parent charitab cornpany'5 atrAlty to continue a5 a going C￿cern. Ir coKlude thal a uncertainty exists. we are required to draw attention in ￿￿r auditor's reF#Nt to the related ¢Jisd05ures in the finanual statements or, rf s￿h disdosures are inadequate, lo mojify (yJr opinion. Our K4usions are based M the avdit evidence obtsined up to the date ol auditor's reporL However. fvlure events or c(￿YrtIc￿ may cause the grwp or parent charitable cornpany to ceas8 to continu8 as a g￿ll9 wncem. Evvjuate the overall pr8S8nlaliLm. $lrucbJre and CC￿ten[ of the financial stsiernents. indudin9 the disd05ures, and whether IheffinanDal 51atevnents represenitl unL1ertyingtr￿Sac1￿)nS and events In a manner that a¢higv¢s fwr presentati￿. I￿>taIn suffi¢ieni apwopnaie audrt ewden(t regarding the financaal information ol the entits'es or busine55 acWviD"e5 ￿thIn the 9roup to express an on the consdidat8(J finanual statements. We are ￿POl￿Ne for Il ¢JIr￿m)n. SupeNSiL￿ and perfomiance ol Ihe 9roup audiL We remain solely reS￿￿sible for our audit report. W¢ comrnunKate with tlJse charged with govemavKe reg3r(liry, arN)ng other matters, the pl•)ne scope and liming of the audit and signif￿ant zudrt fmding5. ￿dud￿9 any Sig￿1￿CaN1 deficiencies in ￿rtern￿ con¢roJ that we L<nDfy duThng our aud Explanation as to what exltnt the audit was ¢ons•dered capable of dete¢¢ing irregularitieg. induding fraud lttegularities. induding fraud, are insiances of rYJn-CCfflFlianGe wilh laws and regulatlOn5. We design prctedures in line with our iespc)sibilities. t￿￿lined above, to detect material misstatements in respect cl irregularitie5, IncludiryJ fraud. The e￿ent to (wJr wocedwes we capatrAe of detecting regulantie5, inL4uding fraud is detai￿ below. The 0￿eCtiveS ol our audit in respect of fr￿d. are.. lo bjenbfy and a5se5s fv risk5 of Material misststement of the financuol ststements due lo fraud. to obtsin SUff￿ent appropriate audit evidence vegarding the as5e55ed risks of rnalerial ml55latw￿l to fra￿. throu9h designing and irnplernenting appfopnate re5pJnses to Ihose assessed nths". and to reswbThJ agproprialely lo InstarKes cl fraud or suspected fraud wjentrfied during Ihe autjil. H￿•ever. the wmary reskwsibdity for the preventson and k18lecti￿ of fraud rests wlh tdh marsagement and those charged wrth governance ol Ihe charila￿e ccMpany. Our approxh vra5 a5 folk￿". We oblained an understsNling of the le9al and re9￿atr￿Y requirernents applicable to thè chariiable company Conside￿ thai the rTh)st swJnifKant ￿ the Cornpanies Act 2006. Ihe Charities Act 2011, the Chanty SORP. and UK fin￿￿al reportmg stsndards as issued by the Financial Reporting Council We cbtain&J an understanding of hrAV the tharitsble company corn￿￿5 vrilh Ihesg re¢wiremenls by di5CU5sws wlh manageffen¢ and those charged vAth govemance.

IXIEENSWOOO SCHOOL uMifED INDepENDeNT AUDITOR'S REPORT TO THE MEMBERS ￿ oueENSWOOD SCHOOL U￿￿ED We assess￿ the of material rni5Statement of Ihe finaroal St0￿MentS. irfsuding risk of rnalerial mtsslatemen¢ due to fraud and how rt mvjht txcur, by holding di5¢ussiDn5 With management and those Charged wth govemance. We inquired of management Charged wth govemice as to any knwn instances of nortscomr4iance or suspected noTrcompliance wlh laws and reguktions. Based ￿ this understarNJiw. we Oeswned specific apwopnate audit procedures lo idenb.fy instances of ncrpcompliance With laws and reguL3t1￿5. Thi5 included making enquiries of management and those charged ￿1h gjvemance and obtainin9 add1D(￿al corrcl)orative evidence as required. There are Inhe￿nt limitations in the a￿j11 prWdU￿S descxibed above. We we less lely to becorne aware of Instan￿ of non-c0mrAon￿ wth laws and regulalKJrs that are not dosety related to events d transathons r2fiecled in the financjal statements. Also, Ihe risk of not detect¥￿ 3 material misstsiemenl due lo fraud is htgher than the iisk olnoi #eteding one re5ullsng Irom eThor, a5 fraud m8Y inv(Ave ddibera16 ¢1￿Cealment by. exanwe. lorgery or intentional mi￿p￿entat￿5. or through collusi￿. Use of our report Thls ￿pOrt15 made solety to the chaiaiable cornpanys ffembers, as a bc#Jy. in accordance wilh Chapter 3 of Part 16 01 Ihe Companie5 Act 201%. (kjr audit work has be￿ undertaken so that we m￿￿ 5tste to Ihe charita￿e cornpany's memtW5 those matters which we are ￿quired l(b State 10 ttsm in an audilorfs rewrt and for no other purp￿. To Ihe fullest Extent kwnitted by law, we do not accepl or a55ufTie respon5its.lty to any party olhtr than the ch¥1￿ble company and Charitable CA)mpanrfs mernbers as a body. for our audit wuk. for this report. ￿ fc Ihe Vrt have formed. 1lloow Date 30 rw Shivani Kothari (Senior Stalutory Auditor) for and ￿ tehaif of Moore lQ'ng$loTh Srniih LLP. Sta￿￿ Audikw 9 Appold Sl London

Queen5wood School Limi Con501idaced Sf¥¢emenr OF Financial Ac￿￿tieS (Intluding income and expt￿dirure account) FOT thc ycar cndcd 31st Au£usr 2()22 Unres¢ri¢¢ed Rejttictcd FUTK FUT￿ Totsl TDtaJ zou INCOME FROM.. Dfjrt>Dons Ind I¢8¥￿> Chan￿b￿. XUVJLKS School fee4 48.445 52,149 517,082 I l JS3J84 1 l J53.384 10.(H8.485 Trdit)g ￿[n￿'￿tr. EniLXPtI￿ Irtvestmrrtts InvcStm¢llt irtoJYIE Other inwrne 305.445 205.44) 38.890 567 l j?563 9224 l95 475 Toral Tn¢rme 1.715.4&3 iR.O 11,77_1552 10.A(V15 EXPENDrru4E ON: Gener•#ng Funds: Tradirtg cxwrtditute. Quttnsw¢MMi EnItt[￿ LDJ lnve5u￿rtT Iqxnwt c￿ts 86J69 46,382 2,769 49,151 1972 89,341 Chritbk Activiti Schod ctiwDc% MulPrm¢ncvn P¢LrtgSiL IlJliJ 11 j7.74 11312.336 1157.747) IOJ21055 154.847) TO1￿ Resowces Expended 9 ￿1￿958 ￿972 11.24.1.9.ID 10.116 359 Ne¢ Incomcl(Expenditwel brforc 4745JS iS.l17 529,622 491797 .Net 8ain%lOthssos) ¢M) Lnves%riien15 163,Oi31 lfi.).D5 89,893 Ntt Incomcl(Ewditute) 4749)5 (7.936> 466559 581690 Trathsfers berwttn ftsndi 21122 Net movement in fund• lorthe 4743)5 (7.936) 466369 582.690 rund Hintes at I Septtmber ml 759Jn 18.621204 I8￿)9J74 FUND BAtANCES af 31 2022 18J37J37 19,088.773 18.621204 AU KDWUC.4 derivc from AU SAins ind iosscs (ecoKois¢d ￿ thc }ygr •rc dJESrarcmrniof FIDntizl Atsbitit No corSSDtidicd ur Jn&vidug1 coKnw> yorii 3nd1055 XCOUllts prcparcd z5 thL' ItanS LD k (knsd(cd wEl￿n those rinxnci￿ swemenu Ire IncopMJtcd inTQ the Sutetiient of A(D¥i¢￿5. FurthLT dew15 of TC5trictd funds afKi urtrL7ti¥Cttsl Funds 9rt yi'en in )) 21. The accfmpgnyinx form wr of thc5c finanr1￿ 5ratcrt￿1$. Thcrc is rho &Ffrrcnrt btLwttn tht profit Or OrdinAry *UiiiLieS beFrJwC •rbJ the rcrn1r￿ profil or &)$5 for the veax suted #bove d ¢heir h15turicai C(￿ cqubyaktt 19

Quttnswood Schoul Lirruied CoD50b'da(ed Balance Sheet at 31 st August 2022 NIX¢ Tan￿ble zssets 1n¥csrr￿e￿tY 10 23.108,432 21870.511 441.435 23.482.939 23Jl 1.946 33.969 391,44) D¢biots Cash at bznk and in h￿d 14 351.034 777J69 1227.766 1.163.(hSI LtABTUTIES c￿a￿￿ks." ¢tmovnu &. Ihjn one ye•r 3.411131 3.(￿2)2 NET CURBENr ASSETS/(LIABILtTIES) IBiJ6 21297.574 21.3BI6 LiABILITtES CREDITOR&. [•lil￿ due •fiermore than nne yeAr licl Q16i,136) 11559.0711 Provisiott9 16 4J.&65 ?.41 TOTAL NET ASSETS 19JI88 773 18.621204 FUNDS OF THE SCHOOL CAllcd up 5h2rc capitsl RcÈtsicted fuThd Unrc5tricted: Rcvaluaucjn rcscrvc Genet 21 7il.436 759.372 l.(Tri4 ¥iG 17282.4i8 ,054.B56 I6.￿7.95) TOTiL FUNDS 18622204 Apprwcd ￿. thc GovcrnDTS /vth0ri5cd for wu¢ aftd ygncd on thut &h31f b).: H.I.&Sausmaie2........ Rcwstrntion No. (O)40i61 'Th¢ xcompgwinbv now'5 frKm pgm of thr5¢ 6nartuAI 51XLThilfS. 20

Qtseenswood tinuted Bajante Sheet at 31 st Au￿St 2022 FIXED ASSETS T•￿￿ble 9ssers Jnve$unen(s 23.108.432 ?74￿. 23.682,9J9 -21870.sl I 641.43i 2Jjtl.946 CURRENT ASSEf5 Stock DEbwiS Cz5h it bznk ind in ha 12 14 33.969 348.728 33113] 34.058 333.048 .152 714.8J) 676258 L￿BILITIEs Crediror5.' Amowits nthin nne y¢ar -m2.6 NET CURRENT (LIABIUTJES) 137? 78 TOTALASSETS LESS CURRENf LWJIirnES 21.055.140 21.lJ9,158 CREDITORS.. Amowjts f4]11￿ due riermnrt ihan ont year Iscl P.16>.t36) 10 43.665 11.41 TOTALNET ASSETS 18.846J39 18J78.67i FUNDS OF THE SCHOOL Cgued up share capital Restricted fiLnd& Unre5tric¢cd.. 23 759J72 21 751.436 rcs¢tve 1,054,8i6 I,Oi4.B56 16.564.424 GcncT Fwids lil W.339 111.37¥.67i A5 w¢¢ed bv 54(W COMP￿leS Act 2tW thc cotnwi Jmjt P￿￿tEd its Intfmne statcmrnt rcknted Thr corn￿ny'S s￿￿U5 for thL' }i?r w15 £467.664 (2U21.. £62551 S aAJag Approvcd bTr thc Govemots and uthwised for i$5ue on ....... ......... ...... . . Ind 5wd on Lh¢ii bch￿[br. H. J. de S•u%rn3rcz.... T GarnhAm Comwy Rr&%trtion No. rM)M0561 Thc AccompD￿l noELry f(brtn rytof thtsc 5￿￿1￿1] 5rJi¢mcffli 21

Queensw0￿1 School LiTni¢¢d Consol￿1[¢d C25h Fluw Statement For thc ycar ended 31st AtsgusE 2022 No Net generad frorn orraling aLXivilie& .014.959 691579 Cah flo1￿ from investing aoivitie$ riicd Assct iid<huons Puichak of1nYr6DncniS Pr<J(ccds frem s￿£ of fixed Jssots PFiKLuls fr￿M Vf1nv￿trrlO1E DveTbrnt In Inve5mieftiu5b Inyestmcnt Inremc Nei Cwsh eenev•d in) iavc#iDg aLtivititi U69.6861 166.910J {137,638) 111860) ,978 PO2211 10.011 9.8)3 5.776 9,224 (75i.828) 1125.6451 Cash flow5 ftorn fin•nEI￿ #CfiYitiCS 14.63 Nti inctt¥se/(decrea5el in cash and 4uivaknts IZM,144) 14.632) Nti incttasel{dectt•s¢) cash ¢•sb quivxlEnE# 24.987 352J02 Ca8h 4nd cquithn¢s ¥1 the Sfall olthe y 777J69 425,067 C3xh And ¢h equi¥#kn￿ at the end of the y Caah and Ca9h equivthtl mA•iStsol: 2122 Cath in hand. and at bAt)k (htrdraft faliry 801356 ,.356 777J69

. Queenswood Sch￿1 timited Notes to the Finanaal Statements For thc iear endtd 31si Augusi 2022 AccountinB plicies A Ctsmpw infomitio ThL QuLLnswvLNI School Tjmira ffk. chari4'l 15 limiTd bF sharrs Iv￿￿T￿￿￿tcd in E￿lAffid Wak Th. w5rerL offitt IS Que￿$WO(￿. Haifi¢ld. Hcryfordshirc. AL9 6NS Ba515 of weparntiotl Thc5c financ1￿ &tatcmcnts have btcr> Pt4Mrtd in xcco¢darf£ with FRS 102 Tr Fin￿1)￿ Sun&rd ap￿leah in and RL￿1￿[ uf I￿4artd. (FIIS IOZ) the rcyuitL.rrKryifs uf th¢ Lyrnwi¢5 2￿6. Thc Chant¥blc C￿￿￿n}. and iu 5uE0idi￿j. are a wbbc kn¢fitsYtV 2sdcfincd bi FPS 102 dycloro thc Chanry ￿¥> pr¢wed its fingts(13] st3trmthts ii) attotdantt tht STatemeni olRecoThwn•thd PTrcvce wlicable w Ch￿tIeS pwaThnlt thcir accounts irt atcordantt ￿tith the Finaficial Re￿rD￿STand￿Td ithle the L.K R￿UbliC of lrt13nd lTht FRS 102 Chatitii5 SORP). thc CoTnpnirS A<r ￿￿6. hcE 2011 And Ckninc5 A(c(wJnts (knlxn(r) Rwla¢ion5 2[￿)6 as arncnded b!'The ChanDes Accowiis (&oyJ•md) Amendrncni (No. O RVI￿r0 2014. The finxig) att prrywed in siedin&whth is tht fi￿CtiOn￿ currcng. of the cornwv. Monctsrtr am(yJn¢s in rkse financiil S￿l¢￿enl4 ire rwn&d io thc ncarc51 yrKI. These financi￿ starcmts715 are wcp•red on th¢vy￿¢0nc¢rn un&r thc h]sttiric￿ ioSto)thvtntiOn as modified btr. th¢ tL.￿ul￿un vf inv¢sunLffirs gnd in accordart<¢ with d￿. Act 2(KhS and appbcablL ZC(uuntifftg slindids In thL bnird Kingdom. The wn¢1￿¢ acc(Tunury whKh bEctb ird conSIsLrn￿V thc ytrai. %et Dut bclow. Going Concern 'rh¢ fIn•nU￿ $tatcrncn¢S prcprtd on i gtiingttm￿rn kn$iS. whKh the company ￿111 cononuc in wraDonal cXl$ltnct ftsr fht Fuiur¢. Thr Gv¥¢ti)ur5 hdvf 4SScSSrd knh¢r thr US¢ d thcbwm¥ ¢O¢K¢rn b￿- IS 15 ¥PrU￿￿¢t Ind havc C0ns￿trtd w)$5ible tvents 0¢ c￿￿j￿￿On$ thar c25r yyifJC•nf thubi on thc thlir>' of thc Cotnpw ￿ conynu¢ $ i goingtontLtrt. ThL ￿%.￿m[￿lS wes5Ld whLthLT thc u5L uf thc go￿8 conccrn bg5is ￿ wrvpri3tL" Ir￿ hziL £ondeYed p￿sible even£% 0¢ conditions th¥1 rnwhl u%r wifjcani (m thc al)I)i￿. of thc charitahlc Rr(Jup tn IDnDnuc a80irtg co￿¢￿. Thc ￿et￿￿or$ hAVC mjtk this ￿￿rn¢nt for i of xt Icz51QllE iur from the d￿￿ ofapprtsi'AI of Ehe fin•thcigJ s￿r¢m￿n￿. In th¢ wv¢rnor5 haye con5id¢rd and chall¢n￿d ￿ chauLibic wp's fui¢iaSts And ojecuons. Including c3th rlow5. proFciK>ns and thc bkclj impxroFF￿SsUrts fee Income. The ecOn￿)C oudook r¢mwrtS ynccrtwn 3AJ Is knng Jmwrd b% inflation. cirwJ" cosls and P4J(￿lI uthC<rtaint¥. Trs¢ ¢Ould h4I'c widcr fin8nci•l impknc3UU05 2mpci m future pupl numt)tt52nd the ib¢liri uf ihe ilmP9nv rv¥eimie Ihe itiiwje Ailevd5 cOm￿rIb￿ to prLviOuS }VAt%. Howevet, wc Shou￿ a150 ¢c£yiY ih( thcic bi% bccn an incrc35¢ yn pupl roll io bry0￿ wc. &mic kvLl% AftL'T m3knfft8i￿Wn￿s dK' t￿￿1￿ rev￿￿ vnd¢ruk¢n by thL gv¥cmors and Y)1￿ thc)" haveput in pltt hive kd ¢0 cortclude there 1% 2 ryqhijbk the(h￿r)b￿￿Ollp hz& zdyitt rC50urcCS ÉO conDnue Jn opctyuonal cxi5tcncc nJ mtci onpng1i1￿7ltic5 for thc foresccabk fu￿rc. Tht chariublt gtyoup th¢rclo￿ Co￿tinU¢s LD thc wn8¢OtKr¢O in fix]an￿ 5ur¢xrynt5. Basis Dft0J]￿lld#ti0 'lThc rOn501￿atcd finafit1￿ s(at¢moits incop?nrc th¢ $5crs and lu&litic5 of Quccn5wo(xl timitcd thd ￿1 of IL% Suknthatics fur th¢ !Th¢. A 5rpar•ir 5Ufgmmivf fjrwxj￿ fur tht chztity. it5dlis knauS¢ th< £hattLI hs (aken thantag¢ of the affordcd b>" M)4 ofthe SORP ahd scttion ￿0[ th¢ Companics ACL Irtcomc and Expendiiure All Incoming and ouwingTc50wccs 3r¢ xcountcd tht a(¢nllls bASts.tx£tptwh¢tt othertytsc stttcd. t4aUC5 arc recoRnised Jrt the SOFA, where the ch1Th￿ [K￿rIEd ofan itryxnknnRdlstributi(￿I and the amount thtte IS t¢￿>Tha￿e CCTtsinry of thc IC8aC￿ b¢1￿ rccvvcd Firmncial lixlMliiiEs zrr rc(wid thr charity inturs & OrcofsStTuCDVC ro dLLi%cr c3sh or gThxh¢t firAncd a55¢tto puty. D School fees Fcu ir¢ rtCW15cd in thc ￿li[￿l lor the s¢twct i% Fee ¢n¢nme Is %raied aftetdeducDn8AllrJwancu. 5¢hioar5hip5 othtrrtrriSotsS b￿anted by the Sch(￿. kn¢ iodw*u>nmknuons fmm RLsuicwd Funds for Schloarship. But￿ric$ and othcTPIts. 23

Queenswood Sthool timired Noies tu the Finanaxl Sratements Ftsr thc yttr ended 3151 Atsgusi 2(r22 Ictmunued) Don•rion Donatsoll5 indudcd in IhL jur if whKh dw"aJL' fcCovd nd ITC ih(Iwlcd as"unrrS￿rtd hnd- unlcSS uth¢rwisL' 5tspulatcd. Donation5 rcStri¢(cd by th¢ $Fn vnthr rR519 •$ ¢hr Wbsla￿ EntUPri5C5 L￿) j[% Innuil ixg#blc re th¢ CJ)fflpany. H Tn￿ble fj¥ed ￿8¢￿ All unybl¢ fixed J55Ets hdd b. the chllitv aTe fr￿ chariiabk wtw)ses are Shown in the Bal￿ Shxi at ctx¥i less actumula￿d deprttiaufijl gnd 9ccumulaitd Invr￿n¢ All 4scts rrntinRrnr>TC thzn £1,(￿ arc apdiscd. thnfic CosunE kss gxc Writrtn &f in th¢ ¢Jf WVi5iDQXJ thcy foffn knrwprqccL DcprcaAiI￿ 1$ wd¢d on xll Tanpbie f￿￿ed 9sseL5 on A Str￿gh1 lincb•sJ5dcultd to￿ll￿O￿ thc iostoytrththrexpectcd lives as fo¥ow&' Planiand motorvchide5 Compufcr EqviW￿llt Bcrwccn 2 and i Frt¢hr>ki land and buildings ¥s¢ tuncDottai 9Jid arc thrycfoY¢ th1￿0 y C05L ThriTi7J]uc i5 ￿n￿nedb} a fu]I ptUKr￿nrn￿ oltepwt ind iewi'•iiun and Ihe lY￿k vJiue is Subsrgnolty kss thzn preseni I.￿Ut lur insurance PVip>Sts ol PPfDXbmAtcly £81m. Ihcreforq sw> fnr ￿rEciatI1)n nn tht (Tttknld land and knildifi￿ 15 m3¢k. The fr￿hn1d bwlthng5 fL￿￿ca Annulus toriny iry1￿n(. All assets &f ihc chattLV ate ￿ld for c￿1￿ble ose theexw4ion of those hEld ￿nIC[PlSt5. Fixed assefs IILVeSttnents IJSEd invcs￿cR[s irc xt rnlTkr¢￿IuC xtVL7fCtd The SOFA indth (¢alivd and ￿￿￿15¢d gwtL5 Thd1055￿5 ari%i from thL' riv￿￿￿0￿ of thL invLsEmcnts in thc pr. Intcrc5tS in Jubsidiaric5.tss¢￿￿EcS atsd i(xntty Ilx)tmllcd ¢Duocs atc ini(wJty ¢n¢Wfrd ar cox rncasurcd #t ost less an}" arcundxtcd impbrmeni k>skThe intcsunCn￿ are Isscs5cd for ar cacb rwtsng datc•thd ￿). Im￿M￿lt loSScS Or Ttyetsals LTr(inF4imni krfse5 9re wi4ed unjwliith in thr SOFA. Sictks arcy￿U¢d x the ]owcrof ncr ruli5Jbk vxlut. A55cts hLJd un&r f￿an(C ILSL which irL kscS sobsran0￿lV thc ii5k5 and fLwad5 uE¢ywn¢rship olthL' a51 hav¢ d (o thr ￿p. Ind hirc puYch2scci>n(AilS CY￿1$¢d in th¢ 5htct3rKI (kprecizicdovcr the shoritr Df thc IL7St ierni and thc ¥SStes uxful IJve5. babAlJt!' ￿ W5cd For tht lower of thE fzir valu¢olth¢ I￿¢d asset and the presenivgiue of the Yninitnutn Icase ￿￿¢￿[5 irt thc Idan(c shecL irJse ￿YMe￿Ls are be￿gen the rcducion of thc Icw ￿3b]ll￿and firènccthw ijb the irKomt sttLemtsiisoa5 ro ac￿￿￿C a con5rani of itilErcSI l)rt Ihc rum￿￿1￿¥ of thL li%biliti. Rethi￿$ ufider ytDfJ le2ses. an> leax inryniiye ￿¢¥¥￿. arr rhuFd to lh¢ sofA on a 5ti7?¥h¢ b'nc basis o%'¢r thc IcrTn oFihc rel¢v3rtr la%c Cx¢CW whu¢ anthr mN¢ s)3trrnJE ba*5 is morc rq>rcscnutivC of thc umc trL"tn in ¥<onomic fr(4n th¢ 35S¢f I￿[￿1￿￿C& 24

Quttnswood School ￿n￿ted Noies ro the Firanciai Swernents For thc ycaT oided 31si Awt 2022 (continucd) L FinaMial AGsct6 'I'hc ￿MP%￿Y has clcutd io apply tht Ot Il'll￿￿ Ir￿￿j￿r$. ?￿d 12 ￿th[r trirunc Jn5tnunttsts l%sucS' tsf FRS 102 ￿ ajj of iu finWO￿ insUWneTh￿. Fifftanci￿ 3SSrts rr¢ugnis¢d in thr CEMnp4m}'S P)siiiw whEn th¢ ¢u¢bWj the c0nltactu￿ provi%ion% of thc insrTuJncnL Fift￿(1￿ 3$5Ct$ and biknliors Ire ottse4 QryEh the gJMwn(5 pfLwwJ JD the fifi•tK1￿ SaLrm¢fft￿, thrY¢ is * I¢￿% Cnfnr￿1blE riÉhE to ei off thc tccwid 3moyny thcic is 3n inTcntK>n ￿ sctdcon * t￿[bl￿$ Dr ry) rdi5c thc i5sct and Financial a5scE ¥s¢ cl?ssificd inm 5￿Clfitd Thc r1asy6ratil￿ ¢kwdsrJn thc nahirc and p]rE￿e of the finantial assas and is &wrwned ai tht tsmr of Bwc fIt￿n(l￿ 1$8¢ts. vAuih indu(k ttad< and(thT ￿<7¥#bIr5 artd c#5h aTrJ bAnk b￿ant￿l air sniuall)" m&isured ac EtinsacDon Pmic includifss van41£1iM COW ind re Subwendy Ji amDnif¢d u¢iry ihc eFfxnve intere mcthud. utdc55 thc arring¢mcnr tsiasuwfcs ￿ fits4noo8 tr•nsxutin. ¥thcrc zhc rran5aCODO ￿ musorcd ar th¢ wcni of thc fijtute rec•ptsdsscounffd ￿ a ratt of ffjT¢r￿ Othu fittawial 335¢￿ dassified •5 f￿r v•lw ihm¥h wofit Or loss tc mc4urcd ac fwr v￿￿C. Loan6 and rtceivbles "I"rd(k d¢bt￿5 oihcz rcCrJ￿b￿￿ thai havc fiT¢x4 or dLyCrrntnl￿l thai r￿rquOrL.d in ￿ ZEtsYc •rt CI￿1￿1td as Jnd [¢￿Vab￿s.. tATrn5 [rr￿abk5 arc ttieL%utcd ac murriscd cv5Lu51ngthc effc¢tt%'e IntetrSL m¢tknd. Ic55 IM￿17M¢￿1L IoictC5rA% rccQyy￿d bi. appl}?ng thc cffrttivc ijlc. cxtcpt for short-tern) rCCetb3blcs whcn thr rtiwitirpn of in¢crcE[ Wuvld &. irnmxwyxl ThL' Lffcctii'c iaicYLS1 mL%h(O 15 A ￿￿thOd of cil(ulAtsng thc AmortisLd c(>5f of a dLbt instrumcnr and uf aliocattn8 thc intcrcsl la(0￿C over the t¢le%.Jni w(d. Tht ¢Ef¢ctivc intcttsi 15 thc rxtr thxiexacdy (bscounis uurnl￿d future cash rtctipts through thc expcucd ljfe of thc debi irt%trwwfJl w th¢ nciwng #mourti on In1D￿ witM)n Itnpairnfft of financi￿ auets Finzncil HSS¢fs, u&r th4ft htld IT fait aThd kn8 a55¢ssty4 for iDdicator50f MI￿t￿lIt rAch r¢po¢on¥ end daw. Financjal a5sCts Irt impircd wber< thu¢ is d>jcctivc Cvid¢n¢< th94 as i tCSvl¢ vfonc tjr mrrt C¥tsl(S LhAt ￿¢01rd ?ftrr thc Irtili￿ rriwitK>n uf Ehc finznLi4 zSSr4 thr cslirnatcd fulvtr Cxsh IIVWS h#ve iffcffcd. Thr imFrtirm¢nr IVSS Is feLWStd in profil or h)sS. ne¢ecwtson Offi￿ncIaL FI￿ncIlI ￿set5 Irt dtrcCu￿l5Cd ufty4theD the to the cath tN)ws ft(Mn the asset vxpitt.or whpn IT rraJ15fers thc financi￿ ¥5Ct and SUbsttnu￿lj ￿7 th n5ks and rtWaYdsof￿￿r w ￿￿c￿en0[￿. M Fina￿131 lial)ilitiCS 35ic fin2nU￿ liabibtics aTC Initi￿1¥ methircd xt Utiless the ￿¢￿tr)L¢(￿￿u￿lc5 * fsn¥Mng t1￿5￿U0￿. hcrc thL dLbE In%truttnris m￿u￿j aT ￿. pwrSLili valuc ofthc rerLiPts th5COUrtWYJ #ia markL'[ rxiL-of It)￿rLS￿. OdK'T finatttia] knabibriES fwc thiTheh ptts6ror k)55 4¥¢ fDC3Surd ar iJlu¢ Other finn(iai libiliue• Othey fin)nCl￿ IiknitsDCS. arr mcawrcd Ji fw vaJuE Jjci of transatthf>n Thcy arc wbscquthdy mL￿￿red ai smorused lh¢ cffecntrt inteTesE meth￿￿[h int£rty exrtnse te£￿￿ed erftttii't tld IASIS. Thcef¥tttsvC ttKCrCSI mcth(O is 2 mctknd of ¢a)cuiaDaE rhr Am0rri5cd c05tof a final*￿Aj li3biliry' and Df 2lloc31ing ir>tcrr ¢xpcnSL' Ovcr thc rtk"¥ani ￿riOd. Thc cffLCQiV¢ inirtesi is th¢ that cxxdj di5¢EN￿￿ ¢SDrnattd p)Trcnt5 thfough the trxpected life of the fifj3nc>￿l￿lXllr¥ ro the rer wng3m(biLniw inLts31 Te¢tyiiion. Deteco￿l￿ort of fi￿￿tial Jiabijititg Financi￿ babibtl￿ (kr￿V8￿S￿d whLn. Onl￿ tump￿¥.5 oblieauw disdW tancclltd. or thLI expire. 25

Queenswood Schwl LiTnited Noies to the Financial Srarements For the ye¥r ended 31st Awst 2022 (coniinutd) N Ernpltyec bentfjts Tht C0¥5of $hott.ttm) emk4DyCt kne6ts art ￿"￿￿1ry￿￿l an Thc CO5Tof any unuscd hoh" aJtidcmEnt i% rcCCknScd in thr pciithl in whi(IL thr cM￿V￿￿e.s Se[￿(C$ irc rcfiS￿b]Y comftx(rLd ￿￿'1￿]int£ the emploimeni of th emploirett to ExO%'wJe ier¢wrriDon bts7efi O RttirtmEni bttttfit8 Thr G¢oup c{￿￿]bu￿$ wAvJva and )yJther5th¢in¢ run by lThr P¢n5L1￿&TrU$I the5¢ afr d¢fitxd conthbutsv hunes. The fund5 for thc5t schemc5 Irc htld i￿(￿n¢ty af the GYoup'5 fund5. In Kwf¢kncc ￿{h FRS 102 28.4QA the wp accuunt5 for th¢St (kfirtd Contiibutiun schrmcs. kn nDtc 24 EUE fthll d¢[￿1 CriiicI c6umrc5 tudgemen¢s In rhe applicaoon of ihe cowy's A¢wwJDng pDh'cie4 ctxuKil ￿red w mzke iudgtmen(5. esn[￿L￿$ and assumpti1￿$ •boui thc carrying rnount of ard knibilitie5 thit art not rexdily ZPFArcnÉ frtffi) othL¥ Sourtcs. Thc esumi￿$ and 155atiJted 355UrnPtiDnS afe bwd afi hi5twd and ￿h¢r fxwr5 thac Irt L ttkvaThL ie5uI MAY diffcr from ihcse CSUmir Thc c511mates ￿ undErI￿ry arc (tritwcd otb an RcYiS#Jti$ 10 K¢OUntifiB cStittiaLes Are reco8rtiScd irt thc pcriod in whith the CSUnML¢ 1% T¢Yiscd, If the r¢￿$￿￿¢ #Ffcrn otbly thai perm￿. or in thc pcricd of the r¢vi5ion and fuNre pen￿% ilthe Yevi5ion 4ff¢a5 both currrpijnd ￿TUre prri&l5. Tr cstimare% &&%umpuorL% which h¥Y¢ i SI￿lfiCan[ n5k of ￿lustr[￿t to thc cary51￿ tsf 955Cf$ snd bibthrie5 9yc (￿l￿ncd iAow. Ciitical jUd￿Me￿I U￿t￿l cc(mfimic liv¢$ Tr Annu￿ dcpr¢¢i¥nrJt) for proprytr.. plant (￿t is Stnyuvc chws in thc Cstirnatcd usefill Cconomic and rcslau￿ of thc u5cts. Th¢ us¢ful lives and rcwdual valucs art rt.tsstssed #finv￿ly. They Are amcnded whcn nc(c5Mt) W rEflcct (utrcnt esurnALc4 bzsed on knerneni. ￿t￿re irsvesunents. tconom ulisauon ind the phyycal MNliti(￿ oEthe asg¢tL Pt￿10￿# The ¢Uznpans' makes an CSUrniLe o(the r¢¢ovetybie iJ)ue of Jnd (thtdebiors. Whttl 3SStsSing itnpwrmtni uf tt2de Ind other ¢kbtor5, m¥fflcnrron5i&rs including thE currcTht crc¢lit thc (kknr. thc wofik ofdcbtOr5 afKI hi5tvnc41 kn. n(L. 14 for th¢ nct carry￿ xmounT vf thL' ¢kbts>TS

Queenswo(A Sthty)l Li￿t Notes to the Fin2ficia] 5tatemcnts For thc ycar cnded 31st Auwt 20T2 {coniinutxJ) Incomt from <hiit#ble ￿tI￿lI¢S Schth)l FeeB 24Z2 Gtoss fc¢s Costs 0[￿nera￿l. Fu￿$ COVKI 19 Thscount Tud burSzxi¢& scknlatships andbrnifs Other di¥counts 11764.Og) I lu20J7j (241.1 0.067.7 163.0 ,410.666 .471,89 1fl Tr48.485 Don•tions and legxiy4 Unr¢siicied [￿ndS rtttiv Restticted hJn¢ts ¢cCttYtd Furlough Iniumt 24.1¥? 180.440 31?455 48.445 804 i2.14 i17.(K12 Oiher In¢ome 2022 20 Othet InctrmXn8 Rtiourtei Rcnt rcccisxbk Oiher 70,953 67.697 1i2.56J 19)475 2021 lo[£r£st on cash tjwi Ocher inteTe51 367 91 On ￿$(Ld invcSm￿nrs 9.133 T(bt31 InvestTntnt Income 10.01 i 9.224 Cvtnup dircci chariuhk ¢xpcndiwT¢ jncludc4.' DLprcUADO Ptofitl (Lossl ¢Jtt dist￿ Csl(ng¢bk ftxed assets Auditors rctnuncrAtion Itsrt OFVAT).. For iu&i- Scho - Eoierprises For other s¢FYiits i31.761 447,334 16,750 4.125 4.914

Quetn$wood School Limjted Note5 to the Financi￿ SLqtemcnis For thc pr cndcd 31st Awsi 2022 {continued) 8 Emptoyccs ) Aver3F TtWJnThty nwnbÈr of crnpioyees (h￿-ll￿e eguiY4Jcnt) Th< numbcTOlpetsot￿ a￿v}￿d by wup duTinKth¢ WI Costs of ￿nC￿U￿8 fijnds Fdl ome - hrt rimc YJ2J 52 17 17 Admirti%irntion, tcchnhian5.tstTC Jnd mlirttrng￿e srff - FUD PAri llfflc IFTE) 59 173 170 'n￿ ofsiaff eTnplovtd duw¥thr was 224 <20X¥. 245) b) Analysis of o)$ 2JJ Stsff cO$tS 4 ?09.910 6,OX1,597 4,141 %3,Y34 l.(O5.1( RcdundAncTr cts%￿ l OncSrff ay4 rwo &zEF2D21) Souai s￿￿u￿￿' Costs Pen5lOn (QJIS 7.753J92 7?)3.7 Tyainiw health & safer).. f¢u￿UneTrI In PlSiOn pr¢>viSi(xl 114.720 1157 74 154.84 7,71OJ6S cl Employte costs The owiiber uf hiKhet PgK4 empk)vees £60.￿)1 . CIO.L LIO,WI . LBO,(( ).Tr)i. i￿.0[￿) ,001- £l00,LU £1 IL).￿1 . £12U.txiJ £120.￿1 - LiJo.n(M) Pcnyl￿ COnDib￿li￿n3 1fTroUnti￿ to £60ts21 0121.. £96m wcrc rnxdc for Six W21.. I￿gher wd ¢mplwrek GovernorS' Rernunera¢iO Govcinur5 Tcccivd in)" crndumo)￿ in the Fcai Cn￿ JI 202Z P021.. nffj and GovcrrKbrs i￿luded n thc r￿M￿r of p¢¢sons cmpw thovc. On¢ Gov¢rnor wa5 up¢rw5 in 2022 £Bi8 la)21.. £0). Kcy Mznagcm¢Tht Pots(m[￿l e}. tllaSWLmthi Er5￿nd ir￿1￿￿. t￿. Gr)Yenors gnd thc 5cnior eKeclltiYC5 whh 3fL' madc up ulthe Priniiwl. tlK" Bursit th¢ Lkpury Hc*L%. Tht iool pal bcncfits rcceiked by kty mrymcnt PeT￿n￿e1 W¢rc £i43838 (2021.. Lifyl1281. faur mcmbct5 of thc kcy mzr¥mcnt Pe￿￿￿¢1 Ire Pro￿¢kd w)rh FwC¢ ￿C￿mOdI￿¢rt In o¢d¢r y) cnablc ihcm io un¢kr&kc ¥xrific dubrs foTihr 5tIKw)I V021= [￿￿¢1. 28

Quttnswood School Liffuted Noies to the FInan0￿ Sr2tefflenfs Fot the year cnded 31si Augusr 2022 Icontinucd) tsfThtg1 RtA(MMCe8 Fthpendtd X)22 ff Cos Other tkprELiatlon Total Traini Cos¢J of fvnds Ttsding<xpc#thrufC. Qu¢cn5wJd En￿ 14d ¥6￿9 86.369 veatment Managtmeni Cos 1972 2.972 Chati¢abk Activilic5 Edu￿E￿n And LMrdtng C1£￿t 75)5 476,439 l348.85S 2i2J5'. J982)4 i.515.869 1,109.748 1241.314 432.727 .933.79) 633,YY) 4fA).692 18A),370 13J5X)I 49.¥76 531.764 Tcchnolw. Admin15tr4Uon CDS GoVcrnxYICL CUSIS Pension provison lov¢xncnfin prtsvision 1li7.747J Ili7.747) 7 710.-16i 3.fl)l.Plll 5.11,764 11,243 9Yk AnAlpix n¢TntAI Atar￿rct& Ewded ))21 Icompatativt) Staff Itnd Totgl TrAlni Costs of gwwatirtg fiind8 TNdinbf Lxrthdi¢iitL'. QiuLn$￿Od EDI£￿[1￿ Ltd ndri.41ng FN vdurtury fSOUTCCS 46J82 46J82 Jnystmeni MAtLgE¢m¢nt Cty$ts 1769 2.769 Chgri¢able Activitie$ UC￿￿nn And bnArdi5)g f4re Prtmists Techndr)g5' AdminisirAuon co*tS Gtsvcr¢)ADCC CU5¢5 4.941,179 612.994

i,liO 210,W . lJi8.843 ).158 5281.337 9(11.803 l 797 461,704 1.Sb3.164 .2 gJlJ13 2YJ.924 324321 24.4￿) 447J34 Ptrtsitirt provison lo¥c￿￿￿t in pruvi*Dn Esit frum Indcprndcni S¢knJ Pm51￿ khrmt I)4￿7J 154.847) I.￿.¥1Y IV.)lfy.J)Y

Queenswucxi sch￿)1 Limited N¢xes to the Financtal Sr2temef)ts FOT the ycar endcd 31si August 2()22 (c¢>nDnued) io Tanwblt Fixed Fftthold knd and knt ¥Dd Fixttifes Group Co6t• ofE¢￿t•tingfvDdS At 31st Auwt 2￿2] .lthJtwns TTXn%fcrn 2117LI12 3.477.688 110536 1241.037 546.084 483.414 I13.rK 27J74251 769.680 At 31s1 Augusi 20 Deptc¢iiion Ai3151 Auyst CTrw. for the >T Diswzls 55248 171112 ￿ 1.781.121 9)A480 3269278 li9253 3297 871.lli 289,961 363J47 51 4X)3,740 53l,765 32.97 Ai 31.11 Au¥vit 2022 3J955SS 1.161.076 M5.898 5.(Mi2.529 NeT Book Va]uc .41 31sr Auxu%f 2022 21171112 li9.693 626.U4i ￿)B2 23.108.432 Ai3131 Aw51 X)21 21171112 .410 120,067 22.870,il 1 Thcre 15 1 fixcdchaw ￿7th thr bank Over tht knd bJiWinpitidth I￿)Ve. Tnclud¢d wthin the nci bwk vthcoF and Eqwwcntof £159.693 15 £0 (J121..£M.410) fthun8 DJ htld Ilnder Finittcc CDmprry L4nd and FI￿[ ¥nd Buildiw Equipn and Moior Fitiing6 Vehiclcs Totsj C￿1 Or V•Ju*tio Ar 315r Awt 2021 AddiDnil.4 Trxn%fcT% Di5w￿5 21l7I112 3.477.688 110536 1241,037 483,414 113.(K>6 27J74251 769ffi86 2.976 32,976 .4t 31$t Awt 3 3555 ?172112 ￿48 1787121 28.110 961 Depreciation Ai 31st August 2021 for thr SPLWJS 3269278 li9253 976 871.11) 289.961 y>3J47 4S)3.740 531,765 32.976 AI 315T 202Z 3J9iJ55 I61￿76 5.LKTr2529 Net B￿k Va]ue At31%tAluwK 3122 .Ir 31$1 Au¥usi 3nl 369.922 21¥7O.il I

Queenswood Sthool timired Notes to thc Finantiil Statemen For the year cndcd 31st August 2O22(continued) Tan8iblc Fixrd Amets (conumied) F¢¢ehdd ladd and buildiw ai co4r or V￿ul[la￿ irdudrg A395.421 xt 31st Match 1979 ¢¢1￿￿cd on thE basis of rc-in5tarcmcnt c •AV] dKqt suwuf ygjr. no ¢mpiiztn¢D¢ has been rfenufied. A55cts un&icon$EnKtitin mainly fthie Plat>ni￿￿Ch1trc￿d dc51￿ and uthct Cvsts for QuethswLXJd 11 Fix¢d Inycstsmtn Group L45ted Un]istrd li$tÈd Total InveSlrnents InFtstmenfB InvÈSth)en16 A5 ai 15eprember ZOZI Adthuons DIsp)5gJs PfLK¢cd5 435.595 (￿910 ff￿.97 63.081 4JX595 66,91 ,97 63.081 63>.>95 66,910 fXl,9781 As ai 31 Aug4Jsi J)22 I￿,￿) 3￿446 54&4 Ctsh hLld is snvLfNrnrs 26.(￿} J74,i07 2W.O i74.9)7 Fixtd knci I￿¢￿tMent Compw Lisied listed TnYesrm¢nty Utilisted Tota] A% rLt l &ptcni6Er 2V Ad&"utsn5 34L695 341695 1?.8f (18.531 89,893 Y2fy95 12.860 (9.8531 prrceedq (9.8)31 89.893 A% at 31 Auy%E 2021 435395 435595 635.>95 Cll$h hdd as inVrSlinEnts 641 435 Hig[otic31 Crmtof li5tEd jJThr5trncil¢S 296257 Thc f￿1￿7￿8 inv¢srnKnts in txttss of 5% of the valuc oFthc Vjiuc 31st Aug 3)22 31$1 ￿21 Quotcd Investmeo AErdttTh India In¥Ttw nc J P Moyn Arnerican Inv Trust J PLllryn Tndizn InvTrus1 VznwaTd l¢WcSDnetir Fund5 ICVC Vanpwd LIS Eq4" Idx RUS GBPdis i1￿11￿ (JIff￿d US Gri>th Trpjsi PJC Finda) Pxrk Funds ICIIV American L.SD Dis Sands CApiT3J Funds 19240 28.193 18.6JO 23995 5ffi70 28.193 20fy)5 23.220 27.702 40.136

Queenswwd Sth￿l Limired Notes to the Finanaal Sratement5 Fot th£ pt cndcd 31st August 2022 (continucd) Fixed A88et Inve$ti)ieiiti Ittsnunued) The comprti ow)i% IIKPh 0fth¢qUi￿ of thc yfyidi3ry. w¥5 irt Engl￿￿ arKi Wiles. Costs of 8ener•ting QuC¢n$waOLi Eth[UpriS￿ Holdi fgty¥trK￿r of the l¢rritJg DfQwcn5wo(xi Thc 3m(viiliof C4MtsI rL¢trvtsand thr rc£ult% nf thi% urKlcvfIki￿ fnr the l&%[ finn(d pt Prtsfit for the ycat 2022 24 243.i28 42.8 Dufing the lin￿￿ Qu¢¢n$w￿￿ Sclmd brnifed rTra& ￿rnent ttch3rgry tsfCX).?22 f2021.. £182.8281 t Qv¢rn5￿l￿Jd ￿l￿1[¢d in olfxililir5 staffctF5ts A150 dunn¥ ihr yrar Qurtn5WOLNi EntrTri5cS rnadc a yfT aid (li%tribullon Of LIO.(XX) ￿￿27 £U) io Q￿￿nsW(￿ S(h(N)J timjted. At the b￿ar￿ shcci datcQuccnswncd LAmitLd owed Q￿.Crtw(mxI EntrtPllSc5 ￿T￿ted Ll,OY) (2021.. £1￿61. Siock8 Cthnpafty c￿￿ Eor WLyiL' 34.Oi8 34.058 Finan¢iJ Inswurnen Gjmpzny Dcb¢ in5trumenvs mtssu¥ed [ amtiniscd c05[ ,188 l i4.8i4 165.240 lJ7.8?2 Carying amouN o(6n•nCl￿ li*bili¢ie¥ McLwrrd ztam0v0￿d CO 32M.891 1943.676 3.190273 2.910.692 14 Gr0￿P G)mpxny rkn. withn OnL W. Scknl fees Pmvissoa for d¢YJbrfiJ dcbL% 'I'Yx&. dL.btvrs Prep&¥incntS and aC¢nted income 423.69) 1266.1 477.8)4 P53.843) JO.B43 196.71X) 423.693 1266.168) 7.71) 183,415 477054 1553.8431 13,861 195.176 1¥52>3 391.Hi 351.631 348,728 333.048 32

Queen5wood Sthool LE￿ted Noie5 to tht Financial Statcmcnts For the ye2r ended 31st August 2U12 {ioniinutd) CTcditiK a) Amounts fawdue within one ye•r. Group Company 22 2021 Cuiteni in5dmenL% dueon dewu {nor¢ 1 Tra& t￿ditorS 5chod ftts itt knnce Hir¢ wrchiy fin1￿C LcLcs Bank l(A nk Ovctdrnft 424812 191743 1.814.893 347.416 168,195 1.874286 62,)92 2Y.144 424.812 191.743 IA?4.893 347,416 168.195 1,874,286 2J4.144 234.IM 234,IM 151356 191847 326.452 13B)$4 97,872 159.171 152J56 192,847 270.804 l.(kYJ 138J54 97,872 t￿.141 Other cr¢ditOY5 rul$ dcfetrcd irtCDmC hrnwnis io VAT li.884 10. 3413131 ￿20 bl. MovtmEnf on doftrred Grnup CO￿paThY 2021 DJp Cornw¢y ) fallitsg thic mitt ¢h4n one >￿. 202Z Schod fcc5 dcposits School Fccs ifft d￿c¢ nk L¢An lJ47.i31 l.WJ6.103 lJ85J51 ).4n6.183 1.989,239 1.619.495 61jg? lJ47531 1,966,103 lJ8iJ51 1.406.183 1,989,239 1,619495 62,592 i.077SL 4.6Y8.985 4,6lJ8 ¢J85 Less.. Amounts due ¥Jbthtn onc irAT SchDoI lees dcw(s 5chuol f¢e5 in Jdr3nc¢ Bank tA)aTh Fingnce L¢a5e 1424.¥1 11,874,893) (2J4.1441 0474161 11.8742861 (234.1441 142411 13474161 11.874.893) {1,¥74,Z8SI P34.1441 1234,1441 533.84YJ Qi)&4381 IU3304Y) Qi18.4381 I165.136 2559.071 216i,136 2.559.071 The.￿h￿l h% a IQ ycar flcyybk hcihty Stsrtiry Jul). JJ18 rg>ybk in ¢gua) monthlj. iosulmLYU qryth ￿ 1tsier£si t/w' of 1.95% FU atuwm oycr thc b75c rAt¢. d) MitutiLy of rjna￿l￿ Jiabilitits Thc fcc dcpuES and fee5 in mawre ¥ folkiw 424.812 773.9 148,7il 347.410 1114.Q3i 424,812 773.96Y 347,416 14.035 ctwcrn zrtd fjve tytars Aft¢r fivt irdrs Thr bank iyztl i$ Lyvabie lu]kJWS". Within Onc 234.144 936.576 214fy3l 234.144 936j76 234.144 936,i76 214.631 234.1M 936576 After cl￿ ir4r 33

QueensW(M)d School Limired Notes to ihe Financia] STateM￿[s For tht yt2t cndtd 315t Au8U5t 2022 {conrirtued} 16 Ptovi%iOnS fof liabilitiu Cha￿e0 22 Ptnaion PIOVi8ion At I Scpttmlr 2021 (DecrrascI/ Tncrexse At.11 Auy%c 21)22 201.412 i7.74 256.2>9 201.412 157.74 li6.￿9 43.66) 43.00) Th¢ sthod I￿￿￿￿$￿ I43,￿5 (￿21.. £Jl,41l of woviwn On B•]￿Ce sh￿ in relatsi>n the d05tdw5iott xhcrnc. Tht prOWSKffi is Tr GrowLh Pl•n Pcn5i0￿ thcSchLxA ￿1] rcvir this It￿￿11￿ ortart basis. 17 Obli8afions uDder fin8nce lea￿ hi￿ pwch•se wntra¢ts 'Iht bchod ocuS￿￿￿Y uxs ttnaocc Ic?￿5 and lurc wrthz5r TQ wrc l.ututc miimtnom Ic p*smcthry due uthr fi¢uncC kas¢5 ind Hirc pllr(h￿ Z022 21 'Ithin onc year In Dvo w rtve 66.883 66,8th.1 18 Sh￿ c￿lIa1 a)21 lo¢¢ed. up atKI luili. w4.. 23 Governors. shatts of Ll eac 23 34

Quttnswood School Lirruted Noies to the Financiaj Sratemen For ihe year ended 31sr Ilwt 2022 (continued) 19 Allocation of the Chgriry N¢t ABttr Fixed A55¢ Tem Ass¢t$ Total The net 3$5eu arL hcld foi thc viriOu.% funds 4 follows" Rtstiictcd fun Unresuicied fvnds.. G¢￿Tal rLSLrvc$ 374J>7 376.929 751.436 23.108.432 .16i.136 18J37 337 23 108.432 374.507 1185.36i 16i.136 IY.068.773 20 Vnr¢stric*d Funds Movemenis At 31st A¢ Jl$t Jn¢omin8 Resourtts In￿¥1M¢ll1 Group 21 Tr￿S[c[S 2022 L.nrexrictcd.. c￿l￿d up share ¢apiul I6A07.953 1.054.856 11.711463 111240.958) 17282.4i8 1,054,8?6 Re¥￿￿1￿0￿ ttse£vL' 17.861832 1) 715.463 Il2411.9 18 337 137 At 31st Auwt 20 As rtStsTed ATJI CoTnpamy 2022 Lnre5trict¢d.. C￿led up share upiNI Gcncr 16.564,424 1.054.856 11,630,189 111.154SW) 17,040,024 1.054.856 rtserv< 11.154. l¥(Y)4.'JU3 35

QuttnswoTrl School Limited Noie5 to the Financi￿ Statements For the pr endcd 31st Awt 20 (continucd) 21 Re6tticied Movements RestrKicd fvTr45 CafflPll3c thc tDU(ThW>¥ uthcx￿￿d￿d kn)thcc oEdoMDons andsrknts un I￿St to be ippb'td for lundpds, education in ￿EC￿$w￿MI LiMitr￿and swns set ￿de FOT fiwjte devd(wKttL Ai 1st Ar31s1 Transfer￿ Ayst 2(122 C¢>sts t)rg<￿ty3ting fund5 Priz¢%. Scholarship3Bd But￿liES The Hand￿ Gift Otk.r 301570 4i4.955 2.B47 7>9.372 i8.Tr¥9 ),5LKI I￿.5 370.515 378.n?4 .2.847 (797Z) 163.0531 .97 63.D53 751 436 The GifT r¢lxiu to dtMhEion wh>ch has trc￿cd rcstricted a5 thc l¢rn￿ and con(hoons of the H￿d00 Twsi D¢L4. Thl HztKIDo LiFt fund51 ￿[514 T￿I(b is intLIMkd ro Lxwd thC8k￿ Wsion vf th¢. typosure nfstudcnts to (bvetsiry and thffettntt. Otki rcS¢tiCfd don*uons of LIWJ,6W (lo￿ £ZIJ14) w¢(r fcfrt4rd ITh f¢x Bursari￿ and Thsvard5 &h Form Ccntrc PftsFCt. 22 Reconci]iaEiOn of than8ts in ttsout¢es its Nei Cash Iwtllowsl/lnflowJ ftum Oprrnuts¥Activilics 2021 Nct ID¢omin8 rcywc5 fur thc Lo 466.569 5B2.6 Ad1w%micrt15 for. InLttcS1 f¢crjVrJ Gains on jnYe5trnen iA)i%/(prof111 on of fixcd L%scrs DcprLfilUun imp4rniLffitof unpblc fixed A5XT5 1ncrtase1lde¢re￿t1 io p(OViSiOll5 Decre￿1[1rtcre￿¢1 irt d¢bt(K5 Incrtaselldecreuel in <redj[urs Cr￿￿)/(k£r<I$e irt (9,2241 IB9,8931 63.081 i31.765 1157.74T) 139.80 161.020 447J33 {i4.847) {111.742) 117i.0531 1.014.959 692.579 Ai 3lx Augusr 2W2 th¢ ￿￿P commiffiKnt5 un(krll(￿ anicllabk wTrDnglcasc5 1% ftsllDW". 2021 Equipment Equipmeni ILSS thjrt onc ¥Y Br￿C£n IWD and tsvc yrats 26J83 43.257 13.889 57.146

Quttnswood School Limtted NoEes to the Finanoal Sratements For the year ended 31 st Augusr 2022 (Conunl￿d) 24 Pet￿lon Co8ts Te8thing stgff Thc Srhuol cxitcd thc TezchrrS' Pension Schane fthe TPSi fof rcachln85￿ff on 3151 Awl 2021. Thc prDcipIti $t2ff WLfL MOVLYI 10 flcxibk d¢fincd ContnlyAUun s¢hLTh Thc t￿￿$1￿7 Cha￿ for thc ￿r inclu&5 CWtnlwtion5 pxyblc 10 thc Trs NIL P021.. £739J87) and at £nd P02) - £nJf) accnd ￿ rwt ofcontribution5 tD this heme. Th¢ Pensiott TA￿1. Tht Plan ThC(DmpAn￿ Pjtllapl￿ ith Ihe schew * rnuli>mrAo￿ Jtheme whKh provAc5 bEncfiLs tn sotnr 63N (2021.. nDn- S$ti￿a￿d PXTDCIpAtin8 emplo￿¢￿ Thc schemc 1% i d¢firKd btyyfir 5chcrnE in thc It is notposNt for thc tompany to obuin sufficmi JrtformiaLTrI ro ¢nabk. ii to xc¢N]Tht fy th¢ srhrulr ts i dcfMdlxLfit sthcth. ThctLfotL It accou1)￿ f<)t dK' scheme u • defined con￿b￿rit)￿ schemt. The scheme is Subieci io the fvnding IwlArion (￿dined the knsions ALt which urnc into for(r 30 Drcembcr 2005. This, ￿8¢ther Llxvrnca￿ 155ucd by th¢ Pcnyons Rcylator TCChrwt￿ Actuznal SLinda￿s 155ucd b}. thc Financigj ReporunL' Council. 5¢1 OUI the fra[r￿4￿rIE for ful]dt￿dcrln(d bEncfii pcn$lOA Éthcmcs In ¢k UK. TheS(hetne is r¢ thi5 ￿n&￿shOrtraI7. thc TtU5tLf hgs athcd thc P3Etrthpatin¥ emplo￿¢r$ te YAY 9thb00n￿ contributiaA5 ts> thc xhcsnc zs follo￿5.. rrom l April 2019 u) 31 Janwry 202>. £3J12.LW pu anfium frA)?bk UfflltsgacOnEtsthon bttn ayccd ￿rh the rcnn Jgnu•ry ￿1£ applio Notr that thc Schcmc's P¢¢ViOUS ¥￿ul￿On was u¢ri¢d OUT efftcryv¢ &r¢ of Y) kpmbcr 2017. Thi5 showcd a5Stts of f94.9m, liabiliU¢S of£92CI.4m thficii of OJl.yn. -1.0 clim1r￿[C diis fvndI￿ ShDr[f￿I. tht"I"ru$ttE has xsked th¢ ￿r￿apI￿rgenp￿ u) py thE Mows.. Deficii coniribuuons Frorn l A￿1 2019v) 3) seV￿kn 202).. £11241(KW month]y" intrtssingby 3•h txh on 1st April) The recvven. plan ar¢ AIknc3ttd p￿ti(￿￿O￿r￿k>￿￿1 03￿ In hE thrir esumaLed $hareoF the Scrics I wd liabiliw $0 I￿¢￿1$wr￿￿'S liatxlit> is a %of the scheme defiuL Vhcrc Ihc schcrnc 15 in dcficit 3nd thc companv hs a8re£d to a deficii ￿Tr￿In¥l¢(￿n8cmcOi thc compAn}' Icc0￿1￿5 bllbibn. for tkn5 Ob￿￿tion. Thc Am￿Jn¢ reco￿ts¢d IS thc ncT prcsenr Y•J￿ of rhe de6ui rcducDDn pyabl uttdcr thc 3￿C￿rnE ihAt rrlatrs to the def￿1. The presenE is cai¢ula[ed thv thxouni rate defjiled in thc5C diKIosur¢& The uwndiog of discr￿n1 rtie is wiscd as • firtAnc¢ co5¢ Pr¢s¢Dt Values of Pt¢WiSA JI August 31 Augusi 31 AuEU61 Prwnt y￿uC5 v[Pr￿>s1o 43.665 201.412 2i62i9 37

(￿een$W￿l Sthool Limited Noies to thc Fiftanaai Statement5 FDI d￿ year cndcd 31si Augusi 2022 (continucd) 24 Pension C06ts {roDt) Rcconciliation arml PmViIiO Yewcndcd 31 Awt Z022 ye￿ CDdcd 31 A￿￿t 2021 PrDlrySion It stsrt uf the Year un￿1nd￿n80f thc di5couni Fa(iOr (in￿rest CxW￿5) Dcficii c1￿￿1bUD9fi wd t1eniegsurctn￿[5- Itnwtofinrchathgc in aSI)PU()S 201.412 256.259 1.2H 15i.820) (2711 141.04 11.9241 PrO￿lI0n ai the end Trf thc pcnod 43.665 201.412 Jn¢omt ndtxpendinue impa Yer Ended JI Au￿1 2021 Yeat endtd 31 August a)20 (nE¢f¢51 cxpcnsc IlL'm¢asurom￿[s- impxrofiDy Ch￿ 1.140 0.9241 1.244 (2711 Contyibvuons ifi re5wi¢Jf fu￿rC 5crvic cus￿ frcu￿l$ed in itKotr¥ 3TrJ ¢MFaiwrc xrount ncludcs drfincd centmbuuon xhcmes fiwr¢ xtvic¢ cortttikntions (1￿. cxchx1i￿￿ dC￿t rcduttitin pl5￿enL$l to &fined benc6E s<hcmuwhi¢h •re Ltured •$ dcDncd cgntnbuti(xJ sdxtrms. lok CDntcd bj thc compgm)". As8umpiions Awsc 2n22 31 Augum 2021 ptt anllum 31 Au8Us1 ll)20 •hpcr #nnum Ratc of diX(ourtt 63 0.55 IhL' thscouni abwc Irc thi <quiw&krti ¢bs¢owlf ¢gtes Which.￿4￿¢￿ U5rd to thscounT tk. htur¢ litQVLrv plan contnbutions dut. wvdd the Sam¢ srsvlts 3$ v51n￿l fvll AA knd ￿eld cur&.¢ Tvd15CVUllt thc samc ￿[0￿¢T¥ plzn ontributions. The follow￿￿h¢dllk detiiis thcdCfiLitL. ￿ unw1￿Ain8o￿ thc &5¢0unt rAtC 5 3 Finance c051 itt Ibe WLN4 whi(h it ari¥eL Ti 15 thw. cootriburiix*S thit havc knrt uscd the comF4ny'S bJ13ncc 5IKc¢ li3biliry. JB

Qucenswo(A khool ￿mited Notes to the Financia] SIAiemenrs for the Yegr Ended 31st Auysi 2022 24 PenAion Cosis {coni) D¢fitd conttibudort scheme Tht S￿h￿l addill(Jnll> npe¢ates a defin¢d cDntnThuiiw 5dxmc C￿￿￿￿j￿5￿l ￿th￿Fo[S￿fF￿rhlrt rh¢ khcmt mxdc to Awirl. TDrnI cDnrribuDons ro Aviva ?yr wcrc 029.390 IXJ21: £1955541. ThL' ￿-n￿on tontiibuLions whTrth w¢rt' soll out5undJnKA5 11 Tbc wcrc {￿21.. £30.950). 25 Capiiai commi¢menTs Iltnounts (ontracroa for buT Th)t wavidrd its the finan£iat stat¢mcnG ¥Jw)unred to £9.696 for thcgrywp and 12021..£1.897) 26 Related Pwty Tr¥Dwtiorn Dllring thtrc wcrt doaiDOllS fvom Tn￿E(C5. (J21. fourTn￿E¢¢3 dO￿￿d of £39.()￿ lo i&4iuon thcrt wcrc nv donau(￿5 friKn key M￿¢St3ff . (2021 thrtc kci ￿1￿9&¢￿￿( SufFdonaTed • ￿ra1 ofLI.150)