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|Balance
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|Cash
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|Notes
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|**Name **|**Changes during year**|**[A]**|**[B]**|**[C]**|**[D]**|
|---|---|---|---|---|---|
|**Co**
**-**
**optative governors**||||||
|Mrs H Archibald LL.B (Vice
Chair)||✓||✓|✓|
|Mrs M Clarke MA HRM|Resigned July 2025||✓|✓||
|Mr N Dent BSc FCA|||||✓|
|Mrs M Duke BA (Chair)||✓|||✓|
|Mr S Etienne BA, MA, PGCE,
EdD|||✓|||
|Mrs S Whitlock MPhys (Hons)|||✓|✓||
|Ms S Jamison BTEC HND|||||✓|
|Mrs K Krynicki Bed, MA, NPQH|||✓|||
|Mr S Nathan BA (Hons)||✓|||✓|
|Mr C Newell LLB||✓|✓|✓||
|Mrs T Newell FCIPD||✓|✓||✓|
|Mrs T Puttock||✓||✓|✓|
|Mrs S Townsend BSc (Hons)
MRICS|Appointed March 2025|||✓||
|**Nominative governors**
||||||
|Mrs M Harnden (Runnymede
Borough Council)|||✓|||
|Vacant
(Guildford Diocesan Council of
Religious Education)||||||
21
22
23
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-
-
24
-
-
-
25
-
-
-
-
26
6 January 2026
27
## **SIR WILLIAM PERKINS'S EDUCATIONAL FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income & Expenditure Account) FOR THE YEAR ENDED 31 AUGUST 2025**
|Note
**INCOME FROM:**
**Charitable activities**
School fees
2
Other educational income
3
**Investment income & bank interest**
4
**Donations**
5
**Other trading activities**
**Total Income**
**EXPENDITURE ON:**
**Raising funds**
6
**Charitable activities**
6
**Total Expenditure**
**NET INCOME FROM OPERATIONS**
Gain (Loss) on investments
9
**NET INCOME FOR THE YEAR**
Pension Scheme actuarial gains/(losses)
**NET MOVEMENT IN FUNDS FOR YEAR**
Total funds at 1 September 2024
**Transfers In/(out)**
**TOTAL FUNDS AT 31 AUGUST 2025**
15|**Restricted**
**Funds**
**£**
-
-
12,585
60
4,779
17,424
3,525
-
3,525
13,899
13,545
27,444
-
27,444
427,816
9,617
464,877|**Funds**
**£**
10,689,613
1,430,971
307,152
41,582
87,565
12,556,883
166,777
11,829,225
11,996,001
560,881
37,010
597,891
-
597,891
23,803,948
(9,617)
24,392,222
**Unrestricted**|**2025**
**Total**
**£**
**10,689,613**
**1,430,971**
**319,737**
**41,642**
**92,344**
**12,574,306**
**170,302**
**11,829,225**
**11,999,526**
**574,780**
**50,555**
**625,334**
**-**
**625,334**
**24,231,763**
**-**
**24,857,096**|2024
Total
**£**
10,988,186
1,515,620
314,018
12,372
114,061|
|---|---|---|---|---|
|||||12,944,258|
|||||159,323
11,396,613|
|||||11,555,936|
|||||1,388,322
(107,044)|
|||||1,281,277
-|
|||||1,281,277
**22,950,486**
**-**|
|||||24,231,763|
28
## **SIR WILLIAM PERKINS'S EDUCATIONAL FOUNDATION BALANCE SHEET AS AT 31 AUGUST 2025**
|Note
**FIXED ASSETS**
Tangible Assets
8
Investments
9
**CURRENT ASSETS**
Debtors
10
Cash and Bank balances
**CURRENT LIABILITIES**
Creditors payable within one year
11
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**LONG TERM LIABILITIES**
Creditors payable after one year
12
**NET ASSETS BEFORE PENSION SCHEME LIABILITIES**
Pension Scheme funding surplus/(deficit)
**NET ASSETS**
**CHARITY FUNDS**
Designated
14
General Funds
14
Restricted
14
**TOTAL FUNDS**|**2025**
**£**
**16,459,239**
**4,001,922**
**20,461,160**
**828,627**
**7,260,330**
**8,088,957**
**(2,603,014)**
**5,485,943**
**25,947,103**
**(1,090,009)**
**24,857,094**
**-**
**24,857,096**
**2,000,000**
**22,392,221**
**24,392,221**
**464,876**
**24,857,096**|2024
£
16,354,590
3,922,046|
|---|---|---|
|||20,276,636|
|||3,878,336
8,719,205|
|||12,597,541
(6,609,579)|
|||5,987,962|
|||26,264,597
(2,032,838)|
|||24,231,759
-|
|||24,231,763|
|||2,000,000
21,803,947|
|||23,803,947
427,816|
|||24,231,763|
29
## **SIR WILLIAM PERKINS'S EDUCATIONAL FOUNDATION STATEMENT OF CASH FLOW FOR THE YEAR ENDED 31 AUGUST 2025**
||Note
**Cash flow from operating activities:**
**Net cash provided by operating activities**
(i)
**Cash flows from investing activities:**
Payments for tangible fixed assets
Disposal/Capital Works adjustment
Investment income & bank interest received
**Net cash (used in) investing activities**
**Cash flows from financing activities:**
Loan
Finance costs paid|**£**
**£**
£
£
**1,055,134**
2,108,784
(1,214,728)
(1,285,040)
247,496
-
281,266
278,060
**(685,968)**
(1,006,980)
(131,990)
(120,614)
(52,379)
(66,882)
**2025**
2024|**£**
**£**
£
£
**1,055,134**
2,108,784
(1,214,728)
(1,285,040)
247,496
-
281,266
278,060
**(685,968)**
(1,006,980)
(131,990)
(120,614)
(52,379)
(66,882)
**2025**
2024|**£**
**£**
£
£
**1,055,134**
2,108,784
(1,214,728)
(1,285,040)
247,496
-
281,266
278,060
**(685,968)**
(1,006,980)
(131,990)
(120,614)
(52,379)
(66,882)
**2025**
2024|
|---|---|---|---|---|
||Monies deposited into advance fee scheme
Amounts utilised from advance fee scheme
Amounts repaid from advance fee scheme|94,592
3,041,827
-
(1,738,264)
(137,840)
-
-
-|||
|**(i)**|**Net cash provided by (used in) financing activities**
**Change in cash in the reporting period**
**Net cash at 1 September 2024**
**Net cash at 31 August 2025**
(ii)
**Reconciliation of net income to net cashflow from operating activities**
Net income before revaluations
Returns on investments and interest received
Interest paid
Investment management fees
Depreciation||**(1,828,042)**
**(1,458,875)**
**8,719,205**
**7,260,330**
**2025**
**£**
**625,335**
**(319,737)**
**52,379**
**-**
**871,734**|2,716,491|
|||||3,818,295
4,900,910|
|||||8,719,205|
|||||2024
£
1,388,322
(314,018)
66,882
28
679,820|
||Loss/(gain) on disposal of tangible assets
Loss/(gain) on investments||**(9,150)**
**(41,405)**||
|**(ii) **|(Increase)/Decrease in debtors
Pension scheme deficit payments in year
Increase/(Decrease) in creditors
**Net cash inflow from operations**
**Analysis of cash and cash equivalents**
Cash at bank
Deposits/Others
**Analysis of changes in net debt**
**Cash and cash equivalents**
**Borrowings**
Debt due within one year
Debt due after one year|**At 1 Sep 2024**||(3,138,007)
-
3,425,757|
|||||2,108,784|
|||||2024
£
8,719,205
-|
|||||8,719,205|
|||||**At 31 Aug**
**2025**|
||Advance fee scheme|(3,032,253)
(94,592)
1,738,264
(1,388,581)|||
||**Total**|**(3,879,896)**
**184,605**
**1,591,057**
**(2,104,234)**
**4,839,308**
**(1,274,271)**
**1,591,057**
**5,156,096**|||
30
31
- **(a)**
- **(b)**
32
- **(c)**
-
-
-
-
33
## **SIR WILLIAM PERKINS'S EDUCATIONAL FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
|**2 CHARITABLE ACTIVITIES - FEES RECEIVABLE**
**Fees receivable consist of:**
School fees
Less Scholarships
Less Bursaries
**3 CHARITABLE ACTIVITIES - OTHER INCOME**
Coaches
Lunches
Educational visits and activities
Surrey CC Funding
Rowing
Registration fees, surcharges and extras
Hire of facilities
**4 INVESTMENT & BANK INCOME**
Bank interest
Bank deposits interest
Investment income
**5 VOLUNTARY INCOME**
Donations|**Restricted**
**Funds**
**2025**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
12,585
12,585
60|**Funds**
**2025**
**£**
11,393,234
(225,707)
(477,914)
10,689,613
322,308
415,882
516,643
93,155
53,773
29,209
1,430,971
281,266
-
25,886
307,152
41,582
**Unrestricted**|**Total**
**Funds**
**2025**
**£**
**11,393,234**
**(225,707)**
**(477,914)**
**10,689,613**
**322,308**
**415,882**
**516,643**
**-**
**93,155**
**53,773**
**29,209**
**1,430,971**
**281,266**
**-**
**38,471**
**319,737**
**41,642**|Total
Funds
2024
**£**
11,624,542
(206,882)
(429,475)|
|---|---|---|---|---|
|||||10,988,186|
|||||309,946
442,994
501,186
12,937
184,196
36,871
27,491|
|||||1,515,620|
|||||278,060
-
35,958|
|||||314,018|
|||||12,372|
34
## **SIR WILLIAM PERKINS'S EDUCATIONAL FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
## **6 ANALYSIS OF EXPENDITURE**
|**(a) Summary by fund type**
**Raising funds**
Financing costs
6(e)
Fundraising & events
**Total costs of raising funds**
**Charitable activities**
Teaching
Welfare
Premises
Support costs and governance
6(c)
Grants, donations & prizes
6(d)
**Total charitable expenditure**
**Total expenditure**
**(b) Summary by expenditure type**
**Raising funds**
Financing costs
6(e)
Fundraising & events
**Total costs of raising funds**
**Charitable activities**
Teaching
Welfare
Premises
Support costs and governance
6(c)
Grants, donations & prizes
6(d)
**Total charitable expenditure**
**Total expenditure**|Staff Costs
£
-
-
-
5,940,244
-
212,209
1,241,505
7,393,957
7,393,957|Restricted
Funds
2025
£
-
3,525
3,525
-
-
-
-
-
-
3,525
Depreciation
£
-
-
-
410,524
-
322,667
107,810
-
841,001
841,001|Unrestricted
Funds
2025
£
166,767
10
166,777
7,869,765
502,241
1,572,207
1,885,013
-
11,829,225
11,996,001
Other
£
166,767
3,535
170,302
1,518,997
502,241
1,037,330
535,698
-
3,594,266
3,764,568|**Total**
**Funds**
**2025**
**£**
**166,767**
**3,535**|Total
Funds
2024
£
157,427
1,896|
|---|---|---|---|---|---|
|||||**170,302**|159,323|
|||||**7,869,765**
**502,241**
**1,572,207**
**1,885,013**
**-**|7,706,185
537,279
1,362,929
1,788,941
1,280|
|||||**11,829,225**|11,396,613|
|||||**11,999,526**|11,555,936|
|||||**Total**
**2025**
**£**
**166,767**
**3,535**|Total
2024
£
157,427
1,896|
|||||**170,302**|159,323|
|||||**7,869,765**
**502,241**
**1,572,207**
**1,885,013**
**-**|7,706,185
537,279
1,362,929
1,788,941
1,280|
|||||**11,829,225**|11,396,613|
|||||**11,999,526**|11,555,936|
|**(c)**
**Governance included in support costs**
Audit Fees (excluding VAT)|**2025**
2024
**£**
£
**22,350**
21,112
**22,350**
21,112|
|---|---|
35
## **SIR WILLIAM PERKINS'S EDUCATIONAL FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
## **6 ANALYSIS OF EXPENDITURE (CONTINUED)**
|**(d) **
**(e) **
**7**|**Grants, donations & prizes**
**From Restricted funds:**
Donations
**From Unrestricted funds:**
Donations
**Financing Costs**
Bank Charges / Interest
Loan Interest
FIA Commutation charge
Pension Deficit charges
Bad Debts
Property Income Costs
Investment Management Fees
**STAFF COSTS**
Staff costs were as follows:
Wages and salaries
Social security costs
Pension costs|**2025**
**£**
**-**
**-**
**-**
**2025**
**£**
**9,527**
**52,379**
**37,354**
**-**
**32,704**
**34,802**
**-**
**166,767**
**2025**
**£**
**5,648,454**
**650,283**
**1,080,849**
**7,379,587**|2024
£
680
600|
|---|---|---|---|
||||1,280|
||||2024
£
7,775
66,882
1,308
-
59,173
22,261
28|
||||157,427|
||||2024
£
5,470,455
581,678
1,028,404|
||||7,080,537|
|Governors received no remuneration or other benefits from Sir William Perkins's School.|Governors received no remuneration or other benefits from Sir William Perkins's School.|||
|---|---|---|---|
|Nil expenses were reimbursed to, or paid on behalf of, Governors in 2024/25 (2023/24: £0)||||
|The number of higher paid employees was:|**2025**|2024||
||**No**|No||
|£ 60,001 - £70,000|**18**||11|
|£ 70,001 - £80,000|**3**||5|
|£ 80,001 - £90,000|**2**||1|
|£ 90,001 - £100,000|**1**|-||
|£ 100,001 - £110,000|**1**|-||
|£ 110,001 - £120,000|||1|
|£ 120,001 - £130,000|**-**|-||
|£ 130,001 - £140,000|**-**|-||
|£ 140,001 - £150,000|**-**|-||
|£ 150,001 - £160,000|**1**||1|
||**26**||19|
|Aggregate employee benefits of key management personnel|2025: £810,966 (2024:|£801,371)||
|The average headcount number of full and part time employees during the year was as follows:||||
||**2025**|2024||
|Teaching staff|**77**||81|
|Other|**65**||55|
||**142**|136||
36
## **SIR WILLIAM PERKINS'S EDUCATIONAL FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
## **8 TANGIBLE FIXED ASSETS**
|**Cost**
At 1 September 2024
Additions
Disposals|**£**
**20,939,309**
**40,380**
**-**
**Land and**
**buildings**|**£**
**2,361,400**
**776,924**
**(18,000)**
**Furniture,**
**Equipment &**
**Vehicles**|**£**
**920,880**
**336,169**
**-**
**IT Equipment**
**&**
**Photocopiers**|**575,455**
**61,256**
**-**
**Assets Under**
**Development**|**£**
**24,797,045**
**1,214,728**
**(18,000)**
**Total**|
|---|---|---|---|---|---|
|Capital Works Revaluation / Adjustment||**(39,496)**||**(190,000)**|**(229,496)**|
|At 31 August 2025
**20,979,689**
**Depreciation**
At 1 September 2024
**6,323,927**
Charge for year
**410,524**
Disposal
**-**
At 31 August 2025
**6,734,452**
**Net book values**
At 31 August 2025
**14,245,237**
At 31 August 2024
14,615,382
**9**
**INVESTMENTS**
**Investment in Quilter Cheviot**
**At 1 September 2024**
Reinvested Income
Management Fees
(Decrease)/Increase in value of Investment
**At 31 August 2025**
**Investments comprise:**
Equities
Cash and Cash Products
The historic cost of these investments is £1,000,000.||**3,080,828**
**1,477,054**
**332,296**
**(9,150)**
**1,800,200**
**1,280,628**
884,347
**Restricted**
**Funds**
**£**
**399,767**
12,585
-
13,545
**425,897**|**1,257,049**
**641,474**
**128,913**
**-**
**770,387**
**486,662**
279,407
**Funds**
**£**
**822,279**
25,886
-
27,860
**876,025**
**Unrestricted**|**446,712**
**-**
**-**
**-**
**-**
**446,712**
575,455
**2025**
**Total**
**£**
**1,222,046**
**38,471**
**-**
**41,405**
**1,301,922**
**2025**
**£**
**1,292,242**
**9,680**
**1,301,922**|**25,764,277**
**8,442,455**
**871,734**
**(9,150)**
**9,305,038**
**16,459,239**
16,354,590
2024
Total
£
**1,060,856**
35,958
(28)
125,260
**1,222,046**
2024
£
1,213,004
9,042
1,222,046|
## **Investment in properties**
The investment property value disclosed below represents the properties revalued at 31 August 2024 The governors’ policy is to obtain a full independent valuation every three to four years
|**Investment Properties**
At 1 September 2024
-
Additions
-
Disposals
-
Gain/(Impairment)
-
At 31 August 2025
**-**
**Total Investments**|**2025**
**£**
**2,700,000**
**-**
**-**
**-**
**2,700,000**
**4,001,922**|2024
£
2,932,304
-
-
(232,304)|
|---|---|---|
|||2,700,000|
||||
|||3,922,046|
37
## **SIR WILLIAM PERKINS'S EDUCATIONAL FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
|||**Note**|**2025**|2024|
|---|---|---|---|---|
||||**£**|£|
|**10 **|**DEBTORS**||||
||Fees||**34,192**|3,444,092|
||Prepayments||**520,130**|419,713|
||Accrued income||**44,410**|12,937|
||Sundry debtors||**229,894**|1,594|
||||**828,627**|3,878,336|
||All debtors are due within one year.||||
|**11 **|**CREDITORS**||||
||**Amounts falling due within one year:**||||
||Bank loan|13|**147,207**|130,722|
||Deposits received from parents||**455,032**|411,885|
||Trade creditors||**545,552**|351,663|
||Taxation and social security||**73,813**|144,450|
||Other creditors||**258,953**|138,745|
||Fees received in advance||**-**|3,432,592|
||Advance fee scheme||**867,018**|1,716,336|
||Accruals and sundry creditors||**255,439**|283,188|
||||**2,603,014**|6,609,579|
|**12 **|**CREDITORS**||||
||**Amounts falling due after one year:**||||
||Advance fee scheme|13|**521,563**|1,315,917|
||Bank loan|13|**568,446**|716,921|
||||**1,090,009**|2,032,838|
|**13 **|**LOAN CREDITOR**||||
||The bank loan is repayable by instalments||||
||Due within one year (see Note 11)||**147,207**|130,722|
||Due between two and five years||**568,446**|716,921|
||||**715,653**|847,643|
||The bank loan is an unsecured loan.||||
||The loan is repayable by February 2030 and bears interest at 2.06%||over the bank base|lending rate.|
||**Advance fee scheme**||**2025**|**2024**|
||||**£**|**£**|
||Balance at beginning of year||**3,032,253**|128,266|
||Monies deposited into the scheme||**94,592**|3,041,827|
||Amounts utilised from advance fee scheme||**(1,738,264)**|(137,840)|
||**Balance at the end of the year**||**1,388,581**|**3,032,253**|
||Utilised within 1 year||**867,018**|1,716,336|
||Utilised within more than 1 year||**521,563**|1,315,917|
||||**1,388,581**|**3,032,253**|
38
## **SIR WILLIAM PERKINS'S EDUCATIONAL FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
|**14a STATEMENT OF FUNDS**
**At 1st Sept**
**2024**
**£**
**Unrestricted Funds:**
Designated Fund
2,000,000
General Reserve
21,803,947
**Total Unrestricted Funds**
23,803,947
**Restricted Funds:**
Foundation and school funds
427,816
**Total of Funds**
24,231,763
Fund explanations are noted in accounting policies|**At 1st Sept**
**2024**
**£**
2,000,000
21,803,947|**Income**
**£**
**-**
12,556,883|**Expenditure**
**£**
-
(11,996,001)|**Transfers**
**In/(out)**
**£**
-
(9,617)|**Gains/**
**(Losses)**
**£**
-
37,010|**At 31st Aug**
**2025**
**£**
**2,000,000**
**22,392,221**|
|---|---|---|---|---|---|---|
||23,803,947|**12,556,883**|**(11,996,001)**|**(9,617)**|**37,010**|**24,392,221**|
||427,816|**17,424**|**(3,525)**|**9,617**|**13,545**|**464,876**|
||24,231,763|**12,574,306**|**(11,999,526)**|**-**|**50,555**|**24,857,096**|
||||||||
|**14b STATEMENT OF FUNDS - Year Ended 31 August 2024**
**At 1st Sept**
**2023**
**£**
**Unrestricted Funds:**
Pension Reserve
-
Designated Fund
2,000,000
General Reserve
20,549,949
**Total Unrestricted Funds**
22,549,949
**Restricted Funds:**
Foundation and school funds
400,537
**Total of Funds**
22,950,486|**14b STATEMENT OF FUNDS - Year Ended 31 August 2024**
**At 1st Sept**
**2023**
**£**
**Unrestricted Funds:**
Pension Reserve
-
Designated Fund
2,000,000
General Reserve
20,549,949
**Total Unrestricted Funds**
22,549,949
**Restricted Funds:**
Foundation and school funds
400,537
**Total of Funds**
22,950,486|**Income**
**£**
-
-
12,918,104|**Expenditure**
**£**
-
(11,555,181)|**Transfers**
**In/(out)**
**£**
-
39,096|**Gains/**
**(Losses)**
**£**
-
-
(148,020)|**At 31st Aug**
**2024**
**£**
**-**
**2,000,000**
**21,803,947**|
|---|---|---|---|---|---|---|
||22,549,949|**12,918,104**|**(11,555,181)**|**39,096**|**(148,020)**|**23,803,947**|
||400,537|**26,154**|**(755)**|**(39,096)**|**40,976**|**427,816**|
||22,950,486|**12,944,258**|**(11,555,936)**|**-**|**(107,044)**|**24,231,763**|
## **15a ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|**Restricted**
**Unrestricted**
**Funds**
**Funds**
**2025**
**2025**
**£**
**£**
Tangible fixed assets
**-**
**16,459,239**
Investments
**425,897**
**876,025**
Investments Properties
**-**
**2,700,000**
Current assets
**38,980**
**8,049,981**
Creditors due within one year
**-**
**(2,603,014)**
Creditors due in more than one year
**-**
**(1,090,009)**
**464,877**
**24,392,222**
**15b ANALYSIS OF NET ASSETS BETWEEN FUNDS - Year Ended 31 August 2024**|**Restricted**
**Funds**
**2025**
**£**
**-**
**425,897**
**-**
**38,980**
**-**
**-**|**Unrestricted**
**Funds**
**2025**
**£**
**16,459,239**
**876,025**
**2,700,000**
**8,049,981**
**(2,603,014)**
**(1,090,009)**|**Total**
**Funds**
**2025**
**£**
**16,459,239**
**1,301,922**
**2,700,000**
**8,088,961**
**(2,603,014)**
**(1,090,009)**|Total
Funds
2024
£
16,354,590
1,222,046
2,700,000
12,597,546
(6,609,579)
(2,032,838)|
|---|---|---|---|---|
||**464,877**|**24,392,222**|**24,857,097**|24,231,763|
||||||
|Tangible fixed assets
Investments
Investments Properties
Current assets
Creditors due within one year
Creditors due in more than one year|**Restricted**
**Funds**
**2024**
**£**
**-**
**399,767**
**-**
**28,049**
**-**
**-**|**Unrestricted**
**Funds**
**2024**
**£**
**16,354,590**
**822,279**
**2,700,000**
**12,569,497**
**(6,609,579)**
**(2,032,838)**|**Total**
**Funds**
**2024**
**£**
**16,354,590**
**1,222,046**
**2,700,000**
**12,597,546**
**(6,609,579)**
**(2,032,838)**|Total
Funds
2023
£
15,749,370
1,060,856
2,932,304
5,641,244
(1,585,835)
(847,453)|
|---|---|---|---|---|
||**427,816**|**23,803,948**|**24,231,763**|22,950,486|
39
40
## **SIR WILLIAM PERKINS'S EDUCATIONAL FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025**
## **17 STATEMENT OF FINANCIAL ACTIVITIES - COMPARATIVE FIGURES BY FUND TYPE**
|**Year ended 31 August 2024**
**INCOME FROM:**
**Charitable activities**
School fees
Other educational income
**Investment income & bank interest**
**Donations**
**Other trading activities**
**Furlough**
**Local Government Funding**
**Total Income**
**EXPENDITURE ON:**
**Raising funds**
**Charitable activities**
**Total Expenditure**
**NET INCOMING FUNDS**
**BEFORE INVESTMENT GAINS/(LOSSES)**
Gains/(Losses) on investments
**NET INCOME FOR THE YEAR**
Pension Scheme Actuarial losses
**NET MOVEMENT IN FUNDS**
Total funds at 1 September 2023
**Transfers In/(out)**
**TOTAL FUNDS AT 31 AUGUST 2024**|**Restricted**
**Funds**
**£**
-
12,937
-
2,585
10,632
**-**
**-**|**Funds**
**£**
10,988,186
1,502,683
314,018
9,787
103,429
-
-
**Unrestricted**|**2024**
**Total**
**£**
**10,988,186**
**1,515,620**
**314,018**
**12,372**
**114,061**
**-**
**-**|
|---|---|---|---|
||26,154|12,918,104|**12,944,258**|
||75
680|159,248
11,395,933|**159,323**
**11,396,613**|
||755|11,555,181|**11,555,936**|
||25,399
40,976|1,362,923
(148,020)|**1,388,322**
**(107,044)**|
||66,375
-|1,214,903
-|**1,281,277**
**-**|
||66,375
400,537
(39,096)|1,214,903
22,549,950
39,096|**1,281,277**
**22,950,486**
**-**|
||427,816|23,803,948|**24,231,763**|
## **18 OPERATING LEASE COMMITMENTS**
At 31 August 2025 the Charity had total commitments under non-cancellable operating leases as follows:
|**Payable within:**
Within 1 year
Between 2 and 5 years
More than 5 years|**2025**
2024
**£**
£
**11,831**
14,075
**394**
14,487
-
-
**12,225**
28,562|
|---|---|
All leases are repayable within five years. Lease payments £6,559 recognised as an expense in the financial year
## **19 TRANSACTIONS WITH RELATED PARTIES**
Nil
41