ALDRO SCHOOL EDUCATIONAL TRUST LIMITED
(a RegiSte￿d Charity and Company Limited by Guarantee)
and its subsidiary company operating as
Aldro Enterprises Limited
GOVERNORS. ANNUAL REPORT AND AUDITED
CONSOLIDATED ACCOUNTS
For the year ended 31 July 2025
Company Registration Number 00937890
Charity Commission Registration Number 312072
IIIMII
A12
25K12f2026
COMPANIES HOUSE
#144

Aldro School Educational Trust Limited
CONTENTS
Page
Governors, Annual Report (incorporating a Group Strategic Report)
Independent Auditors Report
Consolidated Ststement of Financial Activities
13
Consolidated Balance Sheet
14
Company Balance Sheet
15
Consolidated Cashflow Statement
16
Notes to the Accounls
17

Aldro School Educational Trusl Limited
GOVERNORS, ANNUAL REPORT lincorporating a Group Strategic Report)
Year Ended 31 July 2025
GOVERNORS AND DIRECTORS
The Governors of Aldro School are also the directofs of the Aldro School Educational Trust Limited. They
have all served in office throughoul the year except as stated. They are..
Governors and Directors
K Allen
C Betts
J Eb5WOrth
D Evans
JBHGeffen
SLHunt
T Johns
T Jones
N Patterson
I Waller
C Wnchcombe
T G N Woodhouse
off￿er$ and Key Management
The Head
C Carlier
The Bursar and Company S￿retary
V Smith
Registered office and add￿$
Lombard Street
Shackleford
Godalming
Surrey GU8 6AS
Audrtors
TC GroLP
The Courtyard
Shoreham Road
Upper Beeding
Sleyning
West Sussex. BN44 3TN
Bankers
Barclays Bank Pk
1 Churchill Pla
London. E14 5HP
So1￿110rs
Moore Bark
The Oriel
Sydenham Road
Guildford
Surrey. GU13SR

Aldro School Educational Trust Limited
GOVERNORS, ANNUAL REPORT (incorporating a Group Strategic Report)
Year Ended 31 July 2025
The Governors {who are also directors of the Charity for the purposes of the Companies Act) present their
Annual Report, together with the Audited Accounts of Aldro School Educational Trust Limited (the Company)
for the year ended 31 July 2025. which are also prepared to meet the requirements for a directors, report and
accounts for Companies Act purposes.
The accounts compty wrth the Charities Act 2011, the Companies Act 2006. the School's Memorandum and
Articles of Associalion, and Accounting and Reporting by Charities.. Ststement of Recommended Practice
appIl￿ble to char￿.eS preparing their accounts in accordance wrth the Financial Reporting Statylard
applicable in the UK and Republic of Ireland {FRS 1021 (effe(the 1 January 2015).
STRUCTURE. GOVERNANCE AND MANAGEMENT
The company was incorporated on 27 Augusl 1968, and was registered with the Charity Commission and is
govemed by its Memorandum and Articles of Association. Company number." 00937890. Charity number."
312072.
Recruilment and training of Governors
The School's elected Govemors are appointed at a meeting of the Governors. The Articles of Association
allow for a minimum of five Governors on the Board and a maximum of fifteen. Governors are appointed for
a term of office of three years- they are eligible for re-election for a consecutive period nol exceeding three
terms in office from the dale of their original appointment. This can be extended at the discretion of the Board.
New Governors a￿ inducted into the Y￿[king$ of the School, including Board policy and procedures, by a
variety of means, including training provided by independent professional bodies.
Organisational management
The Governors, who are also the directors for company law purposes. are legally responsible for the overall
managemenl and control of the School and meet temily. The work of implementing most of their policies, as
well as the day-to-day management of the School. is delegated to the Head and the Bursar. Certain
responsibilities including those of a financial nature are fijrther delegaled to the Finance and General
Purposes Committee. Education and Pastoral Care Committee and Governance Committee. which all meet
termty and report to the Governors meetings.
Key Management Personnel
The key management personnel of the charity as listed on page 2 are in charge of directing. controlling.
running and operating the charity on a day-l￿aY basis. All directors give of their time freely and no director
received any remuneration in the year. Details of directors. expenses and related party transactions are
disclosed in Note 18 to the financial statements. The pay of the Head and other senior staff is reviewed
annually.. any pay increases make reference to the outcome of the annual performance review.
Group structure and relationships
The School has a wholty-owned non-charitable trading SUbS￿lary. Aldro Enterwses Limitaj. The trading
perforrnan￿ and aclivilies of Aldro Enterpnses ￿Mited a￿ discussed on page 5.
OBJECTWES AND AIMS
The objects ofthe School, as set out in the Memorandum ofAssociation. are the advancement of education.
Policy of the S¢hool
In accordance wilh Ihe Memorandum of Association. Aldro is a day and boarding school educating pupils
aged 7 to 13 years. In futheTance of these objects the Directots. as the charity trustees, have complied with
the duty in the Charities Act 2011 to have due regard to the Charity Commission's published general guidance
concerning the operation of the Public Benefit requirement under the Act.

Aldro School Educational Trust Limited
GOVERNORS, ANNUAL REPORT {in¢orporating a Group Strategic Report)
Year Ended 31 July 2025
strategic Alm
In accordance with the Memorandum of Association. Aldro is 8 day and boarding school educaling
pupils aged 7 to 13 years. The School's policy for the public benefrt as a charttable independent school
is to attain the highest academic standards whilst providing the pupils wf(h a fvll programme of co-
urricular activity, an education founded on Christian values and teaching, and giving them a full
appreciation of moral and ethical values. The School's Vision is to instill in rts pupils a lrf&long love of
learning and to make Ihem positive contributors to socw.
General objectives
The School's objectives V￿re as follows..
To ensure that the pupils and families are the primary recipients of benefit. but that the wider
communrty would also benefit from having well-educated and welkrounded children growing up
and integrating into souety in general; thal the vthole populats'on wouhl benefit from their skills
and talents nurtured in school. and thal the country beneftls from the fact that the School's pupils
are not taking up a pla￿ at a State school.. and
To ensure that good practice in teaching, as disseminated by the Professional Bodies and by
the Department for Education is incorporated into the C￿￿￿cul￿rn, placing particular emphasis
on the social skills of the pupils and monitoring each individual c105ely so that they may be given
appropriate assistance, and to observe the needs of the pupils and Iheir parenls, and where
possible and practical making reasonable adjustrnents to the Sthool's service to take account
of these needs.
STRA TEGIC REPORT
Objectives for the year
The School's objeclives for the year under review were as follows:
To establish the School's reputation as an outstanding coeducational boarding and day prep
hool.
To secure the School's future through rot￿St finanual management.
To have a highly professional staff t*Jdy committed to professional development.
To send all Fomi 8 pupils on to their senior school of choice.
To invest in and modemise the School's facilrties for the benefft of the pupi￿. including an
ongoing plan of refvrbi5hment of teaching areas arKI of boys. tx)arding.
To grow boarding numbers through the Lyeats'on of a new girls, boarding house.
To launch a bursary fvnd-raising campaign to help wden access to an Akdro education.
Longer-tem) objectives
The longer-term objectives of the School were as follows:
To provide outstanding pastoral care within a nurturing family enwronment. underpinned by
Christian values and teaching.
To prepare pupils for the next stage: for transrtion to their senior schools of choice and for
adult lrfe beyond.
To encourage curiosty, critical thinking and independence of thought through an innovatNe
learning experience and inspirational teaching.
To develop strength of character through a broad. stimulating curricular and co-curricular offering.
To create a vibrant boarding environment that promotes Independen￿ and responsibility.
To share our resources with, and make a posf(Ne conlribution lo. the wder communty.
To be happy. have fun and make lasting memories.
Strategles to achieve the yea￿S objectives
The strategies established by the School to achieve these objectives were as follows:
To repurpose the top floor of boys. boarding into a new girl's boarding house.
To appoint a 'Director of Sports. Development. to oversee individual sport pathways.
To provide eX￿l￿t and bespoke advi￿ for pa￿nts regarding future schools,. to maintsin

Aldro School Educational Trust Limited
GOVERNORS, ANNUAL REPORT (incorporating a Group Strategic Report)
Year Ended 31 July 2025
strong links wth a wide variety of senior schods.
To support Ihe Director of Development in the planrTred launch of the 1898 Fund.
To refurbish Science Lab 2 and Room 13.
Achievements and Performance
The School achieved the following wrth reference to its objectives for the year.
Numbers on roll this year remained strong at 223.
All of the 13+ Common Entrance candidates performed strongly in their exams and were offered
places at their chosen schools. In addition. scholarships were awarded in total lo leavers in
academic. swrt. music, drama and DTllnnovation.
In 2025 leavers moved onto 13 different senior schools. induding Winchester. Wellington. Radley,
Harrow. Charterhouse. Sherbome. Seaford. Cranleigh. RGS Guildford, Tonbridge, King
Edward's Witley. Dean Close and King's Worcester.
The school had 71 girls in the school in Septemter 2024.
The school opened the second phase of full boarding for girls during the year.
The school welcomed 41 new pupils in September 2024 (18% of the total NOR).
Bursary Fund Pollcy and Grant Making
The Governors are committed lo broadening access to the school by offering to eligible parents means-
tesled financial support Mth the payment of school fees. Such support may be awarded in the form of
a discount of up lo 1 CM)Yo on tutlion fees payable. The size of a bursary depends upon the financial.
compassionale or other family ¢ir¢umslances of applicants. Bursary awards are subject to repeat
testing of parental means each year and may be varied upwards or downwards. depending on pa￿nts1
circumstances.
Bursaries were awarded representing 2.5% of total fee incofne. Actual bursaries awarded amounted
to £142,760 in 2025 {2024'. £174,541). 36 pupils were assisted with fees via an Allowances Scheme,
including 7 worth 75% or more of the fee, which reduced fee income by £373.002 in the year {2024'.
£332,343).
Charitable Benefit
The school is committed to working in partnership wilh local maintained schools, offering resources,
staffing and facilities and working togelher collaboratrvely to the benefrt of all parties. The school has
trained staff from St Mary's Shackleford so Ihal they can drive the minibuses and allows them to borrow
them. The school also allows local churches and the village the use of the facilits'es in the holidays
where possible for annual away days and tennis toumaments. The school provided lunches lo the
local school. St Ma￿S Shackleford for the entire school year.
The school donated two old minibuses to the local fire stations for them to use in their training drills.
The school. for several years. has been supporting the charity Stsrfish Malawi, which supFKJrts
educational and health projects in Malawr and we have direct links with a school in a village called
Simawaya. Aldro also supports other charilies each year which helps create in our pupils an awareness
of Ihe wider so¢ial context of the education they receive at the school. The principal charity that has
been supported for the last year has been the RNLI. Aldro also rents out facilities to the Lions Sports
Academies. The Brass Academy and LDN Holidays.
FINANCIAL REVIEW OF THE YEAR
The net income for the year amounted to £286.227 which compares with net income of £279.838 in
2024. This includes net restricted income of £126.888 (2024. £98.2891 leaving net income of £159,339
(2024.. £181,549) on unrestricted funds. The net expendrture is after deducting depreciation of
£244.027 (2024.. £242.221). This increase in the net income is due to the reduction in discounts
following the move to co-education. The subsidiary company, Aklro Ente￿riseS Limited, contributed
durlng the year by renting out the school site to extemal acts.vty providers.

Aldro School Educational Trust Limited
GOVERNORS, ANNUAL REPORT (incorporating a Group Strategic Report)
Year Ended 31 July 2025
Investment Policy
Investments are govemed by the Memorandum of Association. which pemiits funds to be invested in
securities or property as may be thought fft. The current policy is lo invest surplus cash balances in
interest- bearing bank deposits at first class banking institutions. Bursary funds are invested in M&G
Charrfund, which aims to provide a high and growing income. whilst at the same time prolecting their
capital from the erosive effects of inflation over a rolling ten year period.
Reserves Policy
As stated in the accounts. the funds a￿ sp￿rt beiween those that are restricted for specific purposes
and those available for other requirements of the School.
The Governors aim to maintain a level of'free. reserves. reserves not committed or invested in tangible
fixed assets. of approximatety £1.200,000. As a result of building the Sports Hall in 2015 and the
current level of operating. the School's balance sheet temporanty shows a small net current assets
position. A committed Revolving Credit Facility has been arranged to provide financial stability whilst
the levels of free reserves are being restored.
Fundraising
In line with the new reporting requirements included in the Charrties Act 2016 the Governors are
pleased lo confirm Ihat all fundraising is done in compliance 7Mth best fundraising practice. All
fundraising activities follow traditional methods. During 2024-25 a new. part-lime Director of
Development took up post and began work to grow links with alumni and to raise funds for a nevAy
launched bursary fund. No other professional fundraisers were used by the School. There were no
complaints or ¢ritiasms during the year aboul our fundraising activities.
PLANS FOR THE FUTURE
Aldro continues to provide an outstanding edl￿tIOn to its pupils. The school's tangible sense of
community and Christian character. its academic aspirats-ons. rts day and boarding offering and its
broad co-curricular provision, all offered wlthin the school's stunning rural location in Surrey, means
that the school continues to provide an exceptional and diskn'nctive educational offering. The school
offers its pupils an excellent education across all academic subjects. wf(h outstanding sporting, music.
drama, art and DTfacilities. as well as a broad range of actNities. which indude shoob'ng. chess. sailing.
riding. gymnastics. judo, dance etc.
From September 2025 the school plans to build on the initial transition to co-education by continuing
to incfease the number of girls on roll. The school expects to start the new year with 71 girls on roll
(32¥D NOR) and expects lo increase the per￿ntage of girls towards 400/0 over the next 3-5 years. The
school has remodeled the Saturday provision. moving the lesson time into the week and fixtures to the
moming. This will enable a newly designed cullural programme to be offered lo the boarders. alongside
the usual weekend fvn actr¥ities.
The school plans to grow its inveslment in the training and devdopment of academic staff to ensure a
lively and engaging curriculum delivery and a culture of continual professional development. The
school expects to grow and develop its teams. A review of the school's appraisal system has been
undertaken, and more emphasis will be placed on staff training and development. The school aims for
all teachers to be trained in both First Aid and Mental Health First AKI. The school plans to develop
whole-school approach to wellbeing.

Aldro School Educational Twst Limited
GOVERNORS, ANNUAL REPORT (incorporating a Group Strategic Report)
Year Ended 31 July 2025
The school plans to launch a new website during 2026 and has commissioned Finalsite to design this.
The boarding provision al Aldro will continue to be an area of strategic focus. The growing number of
full-lime boarders recruited both in the UK and intemationally will be accompanied by day pupils opting
to board on a part-time basis. This flexible apwoach (famity friendly) continues to be very successful
allowing the pupils and the parents to embrace the boarding at a pace suitable to each indlvidual
family. Boarding is a key preparation for the senior school transrtion. as the vasl majority of Ihe pupils
will follow onto major public schools. Both SW London and intemational markets continue to be a larget
for fulure pupil recruitment.
RISK MANAGEMEKr
The Board, continue to keep the School's activilies urKler ￿vIeW, particularfy with regard to any major
risks that may arise from time to time as well as the systems and procedures established lo manage
them. They monitortheeffectiveness of the system of internal controls and otherviable means, including
Insuran￿ Cover where appropriate. by which those risks already identtfied Can best be mitigated.
Based on an annual risk review. the Finance General Purpose Commfftee cOnS￿ets the most
relevant risks, and the means by which they may be mitigated. to be as follows..
Increased pressure upon the numbers on roll related to an uncertain economic climate and the
addilion of VAT on school fees. The Governors are committed to managing future fee increases
to ensure that access to the School ￿MaInS unaffe￿ed. whilst maintaining numbers on roll.
Decline in boarding numbers followng the addf(ion of VAT on school fees. The school is
ensuring clear and consistent communication to parents and has an experienced leam in
position to be able to oversee this.
Increasing cost base wth h￿her wages and increased employer National Insuran¢e
contributions.
Online risks, encompassing fraudulent activity or hacking, inappropriate use by staff or pupils
and insufficient capabilty of the nelwork and equipment The school has invested heavily in this
to mitigate Ihese risks.
Reputational risk is managed through school's commrtment to its safeguarding policies, slaff
recruitment policies, inspection readiness and excellent pastoral supportfor both pu￿15 and staff.
The school is committed to promoting wellbeing among the pupils and Staff.
Changing Govemmental policy that results in an even less favourable operating environment
for Independent Schools. The Govemors and SLT keep a close eye on legislative and other
changes. A working party has been formed and meels rnOnth￿ to develop a strategy for this
evenluality.
STATEMENT OF GOVERNORS. RESPONSIBIUTIES
The Governors, who are also the directOT5 of Aldro School Educational Trust Limited for the purposes
of company law. are responsible for preparing the Govemors. Report and the accounts in accordan
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the Governors to prepare financial statements for each financial year. which
give a true and fair view of the state of affairs of the Trust and its subsidiary and of the incoming
resources and application of resour￿. including the income and expendtture. of the group for that
year. In preparing those financial statements. the Govemors are required to:
select suitable accounting policies and then apply them consistentty:
observe the methods and principles in Ihe SORP".
make judgements and estimates that are reasonable and prudent, arKI
prepare the financial statements on the going concem basis unless it is inappropriate to presume
that the group will continue in business.

Aldro School Educational Trust Limrted
GOVERNORS, ANNUAL REPORT {inGorporating a Group Strategic Report
Year Ended 31 July 2025
The Governors are ￿sponsible for keeping adequate accounting records which disclose with
reasonable accuracy at any time the finanaal position of the Trust and which enable them to ensure
that the financial statements comply ￿th the Companies Act 2(M)6. They are also responsible for
safeguarding the assets of the Trusl and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
DISCLOSURE OF INFORMATION TO AUDITORS
Each of the Governors has confirmed that there is no information of vthich they are aware which is
relevant to the audit, but of which the auditor is unaware. They have further confimed that they have
taken appropriate steps to identtfy such relevant information and to establish thal the auditors are
aware of such informalion.
AUDITORS
A resolution proposing the re-appointment of TC Group as auditors to the company will be put to the
annual general meeting.
report, in
edo
be
I 25
orporating the Strategic Report was approved by the GovernoTS on LS
and
alf oft
ard by
effen
Governor and Dlrector

Aldro School Educational Trust Limited
INDEPENDENT AUDITOR'S REPORT
Year Ended 31 July 2025
Opinion
We have audited the financial statemenls of Aldro School Educational Trust Limited (the 'parenl charitable
company and its subsidiary (the group.)) for the year ended 31 July 2025. The financial reporting framewoik
that has been applied in their preparation is applicable law and United Kingdom Accounting Standards,
including Financial Reporting Standard 102 The Financial Reporting standa￿ applic8ble in the UK and
Republic of I￿land (Unrted Kingdom Generally A¢￿pted Accounting Practice).
In our opinion the financial statements=
give a true and fair view of the state of the group's and the parent charitable companws affairs as at
31 July 2025 and of its incoming resources and application of resources. including its income and
expenditure, for the year then ended..
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice- and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with Intemational Stsndards on Audtbng (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financial sLqtements section of our report. We are independent of
the charitable company in accordan￿ wth the ethical requirements that are relevanl to our audit of
the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other
ethical responsibilities in accordance with these requirements. We believe that the audit evidence we
have obtained is sufficient and appropriate to prowde a basis for our opinion.
Concluslons relating to going concern
We have nothing to report in respect of the following matters in relation to V+hich the ISAS (UK) require
us to report to you where:
the Governors. use of the going concem basis of accounting in the preparation of the financial
statements is not appropriate.. or
the Governors have not disdosed in the financial statements any identified material uncertainties
that may cast significant doubt about the group and charitable company's ability to continue to
adopt the going concern basis of accounting for a period of at least ￿1ve months from the date
when the financial statements are authorised for Iss￿.
Other infomiation
The Govemors are responsible for the other information. The other infonnation comprises the
information included in the Govemors, annual reporL other than the financial statements and our
auditor's report thereon. opinion on the financial statements does not cover the other infomation
and, ex￿pt to the extent otherwse explicitty stated in our report. V￿ do not express any form of
assurance condusion thereon.
In connection with our aLKlit of the financial statements. our responsibility is to read the other infomiation
and, in doing so, consider whether the other information is materially inconsistent with the financial
statements or our kno￿edge obtained in the audtt or otherwise appears to be materially misstated. If
we identify such material inconsistencies or apparent material misstatements, we are required to
determine whether there is a material misststement in the financial slatements or a material

Aldro School Educational Trust Limited
INDEPENDENT AUDITOR'S REPORT
Year Ended 31 July 2025
misstatement of the other information. If, based on Ihe work vle have performed, we conclude that there
is a material misstatement of this other information, V￿ are reqLMred to report that fact.
We have nothing to report in this regard.
Qplnlons on other matters prescribed by the Companies Act 2006
In our opinion. based on the work undertaken in the course of the audit..
the information given in the Governors. annual report (incorporating the strategic report and the
directors, report) for the financial year for Vth￿h the financial statements are prepared is consistent
with the financial statements.. and
the strategic report and the directOTS' report have been prepared in accordance with applicable legal
requirements.
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the group and charilable company and its environment
obtained in the course of the audit. we have not *Yenttfied material misstatements in the stralegic report and
the directors, report.
We have nolhing to report in respect of the followng matters in relation to which ihe Companies Act 2006
requires us to report to you rf. in our opinion..
adequate accounting records have not been kept. or retums adequate for our audit have not been
received from branches not visited by us: or
the financial statements are not in agreement wth the accounting records and relums.. or
certain disclosures of directors, remuneration specified by law are not made", or
Y￿ have not received all the informalion and explanations we requi￿ for our audit.
Responsibilities of Governors
As explained more fully iri the Govemors, ￿$[m)nsibIlities state￿Al, the Governors {who are also the
directors of the charitable company for Ihe purposes of company law) are responsible for the preparation of
the financial statements and for being satisfied that they give a true and fair view. and for such internal control
as the Governors determine is necessary to enable the preparalion of financial statements that are free from
material misstatement. whether due to fraud or error.
In preparing the financial slatements, the govemors are responsible for assessing the charitable company's
ability to continue as a going Concem, disclosing, as applicable. matters related to going concem and using
the going concern basis of accounting unless the govemors erther intend to liquidate the charitable company
or to cease operations. or have no realistic altemative but to do so.
AUdft0￿S responslbllltles for the audlt of the financlal sLitements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
f￿e from material misstatement, whether due to fraud or etror, and to issue an auditorfs report that includes
our opinion. Reasonable assuran￿ is a hyh level of assurance. but is not a guarantee that an audit
conducted in accordan￿ with ISAS IUK) will a￿ayS detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if. individually or in the aggregate.
they could rea50natAy be exFeded to infiuence the economic decisions of users taken on the basis of these
rinanaal statements.
10

Aldro School Educational Trust Limited
INDEPENDENT AUDITOR'S REPORT
Year Ended 31 July 2025
A further description of our responsibilit￿S for the audit of the financial stalements is located on the
Financial Reporting Council's website at.. https.'IA¥ww.froorg.ukJaudrtorsTesponsibililies. This description
forms part of our auditors rewt.
Extent to which the audit was considered capable of detecting irregularities. including fraud
The objectives of our audrt, in respect to fraud. are.. to identify and assess the risks of material misstatement
of the financial statements due to fraud.. to obtain sufficient appropriate audit evidence regarding the assessed
risks of material misstatement due to fraud. through designing and implementing appropriate responses., and
to respond appropriately to fraud or suspected fraud identified during the audit. However, the primary
responsibility for the prevention and dele¢lion of fraud rests wrth tKlth those charged with governance of Ihe
entity and ils management.
Our approach was as follow5..
We idenfftd areas of lav4E arml regulations that coutd reasonably be expected to have a material
effect on the ffinancial statements from our general sector experience, and through discussion with
the Governors, and other management las required by auditing standards). and discussed with the
Governors, and other management the policies and procedures regarding compliance with laws and
regulalions (see below)..
We identified the following areas as those most likely to have such an effect.. heallh and safety.,
General Data Protection Regulation (GDPR)-, fraud., bribery and corruption, school inspections.
keeping children safe in education (statutory guidan￿1. DBS checks and employment law. Auditing
standards limit the required audrt procedures to identify non-compliance with these laws and
regulations lo enquiry of the trustees and other management and inspection of regulatory and legal
correspondence. rf any. The identified actual or suspected non-compliance was not sufficiently
signfficanl to our audit to result in our response ￿"n9 identified as a key audit matter.
We considered the legal and regulatory frameworks directty applicable to the financial statements
reporting framework (FRS 102. the Companies Act 2006 and the Chartties Act 20111 and the relevant
tax compliance regulations in the UK.,
We considered the nature of the charitable company's operab'ons, the control environment and
financial performance.
We communicated idenlified laws and regulations throughout our team and remained alert to any
indications of non-cornpliance throughout the audrl-
We ￿nSIdered the procedures and controls that the charllable cornpany has established to address
risks identified. or that othenwise prevent, deter and detect fraud; and how senior management
monitors Ihose wocedures and controls.
Based on this understanding we designed our audit procedures to identrfy non-compliance with such laws
and regulalions. Where the risk was considered to be higher. we perfomied audit procedures to add￿$$ each
identified fraud risk. These procedures included.. testing manual joumals; reviewing the financial statement
disclosure5 and testing to supporting documentation,. perfomiing analytical procedures.. and enquiring of
management. and were designed to provide reasonable assurance that the financial statements were free
from fraud or error.
Owing to the inherent limttations of an audr(. there 1$ an unavomjable risk that we may not have detecled
some material misstatements in the financial statements. even though we have properly planned and
performed our audit in accordance wrth audrting standards. For example. the further removed non-compliance
with laws and regulations (irregularities) is from the events and transactions reflected in the financial
statements. the less likely the inherently limited procedures required by auditing standards would identify it.

Aldro School Educational Trust Limited
INDEPENDENT AUDITOR'S REPORT
Year Ended 31 July 2025
The risk is also greater regarding irregularities occurring due to fraud rather than e￿Or, as fraud involves
intention81 concealment, forgery. collusion, omission or misrepresentation. We are not responsible for
preventing non-compliance and cannot be expecied to detect non-compliance wth all laws and regulations.
Use of our report
This report is made solely to the charitable ¢ompany's members, as a body. in accordance with Chapter 3 of
Part 16 of Ihe Companies Act 2006. Our audit work has been undertaken so that we might stale to the
charitable company's members those matters V￿ are required to state to them in an auditorfs report and for
no other purpose. To the fullest exlent pemitted by law, we do nol attepl or assume responsibilty to anyone
other than the charitable company and the charitable company's members as a body. for our audrt work, for
this report, or for the opinions we have formed.
Mark Curnmins FCCA (Senior Statutory Auditor
for and on behalf of TC Group
statutory Auditors
Office.. Steyning, West Sussex
Dated..
12

Aldro School Educational Trust Limited
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
{Including Income & Expenditure Account>
Year Ended 31 July 2025
Notes
Un￿stricted
Funds
Restricted
Funds
TOTAL
2025
TOTAL
2024
INCOME FROM:
Donations and legacies
20.415
126.888
147,303
209.624
Charitable actlvitles
Fees receivable
Other income
5.388,082
61,908
5,388,082
61,908
5.169.678
100.587
Other trading actlvStles
Commercial operations
Aldro Ball
46.461
46.461
65,011
17.673
Investment Incorne
79,848
79,848
3.539
Total Inc¢Jme
5.596.714
126.888
5,723.602
5,566 112
EXPENDITURE ON:
Raising funds
Commercial operations
Olher- Aldro Ball
834
834
111
15.005
Charitable Activities
Education
5.438.190
5.438.190
5.274.431
Total Expendlture
5.439.024
6 439 024
5.289 547
Net gains l (losses) on
investments
10
1.649
1.649
3,273
NET INCOMEIIEXPENDITUREI
159.339
126,888
286.227
279,838
Transfers belween fvnds
15
NET MOVEMENT IN FUNDS
159.339
126,888
286,227
279,838
Reconciliation of funds
Total funds brought fo￿ard
6,257.983
76,959
6 334 942
6,055 104
Total funds ¢arrfed fO￿ard
16
6.417,322
203.847
6.621.169
6.334,942
This ststement of finanL?al activities also complies with the requirements for an income and expendrture
account under the Companies Act 2006. All activtbes are classed as continuing.
There are no recognised gains or losses other than th(Ise reported on the Statement of Financial Aclivrties.
13

Aldro School Educational Trust Limited
CONSOLIDATED BALANCE SHEET
As at 31 July 2025
Notes
202S
2024
FIXED ASSETS
Tangible Assels
Investments
6,974.415
46.143
7,020,558
6.770,514
44.494
6,815.008
10
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in haTr
834
1,374,836
1.998,249
1,865,596
1.485.849
Total Current Assets
3.351.445
3,373,919
Creditors. due within one year 12
3.257.266
3.195.758
NET CURRENT ASSETS
94.179
178,161
LONG TERM LIABILITIES
Credrtors. due after more than
one year
13
{493.568)
(658,2271
TOTAL NEf ASSETS
6.621.169
6,334,942
Represented by
General Fund
Fixed Asset Fund
Unrestrided Funds
1277,5051
6,694,827
6,417,322
1197.539)
6,455.522
6,257.983
15
Restricted Fund
14
76,959
TOTAL NET FUNDS
6,621,169
6,334,942
These financial statements have been p￿Pared in accordan￿ with the provisions relating to medium-sized
companies.
The financial statements were approved by the board on
zè L5 and signed on theif behalf by.
I Waller
Gove
and Director
C Carlie
Headmaster
/é
V Smith
Bursar
Company number 00937890
14

Aldro School Educational Trust Limited
COMPANY BALANCE SHEET
As at 31 July 2025
Notes
2025
2024
FIXED ASSETS
Tangible Assets
Investments
6.974.41 S
46.145
6,770.514
44.496
10
7.020.560
6,815,010
CURRENT ASSETS
Debtors
Cash at bank and in hand
11
1.856.176
1,468.997
1,393.713
1.978.820
Total Current Assets
3.326.173
3,372.533
Creditors. due within one year
12
3.247.266
3.213.431
NET CURRENT ASSETS
77.907
159.102
LONG TERM LIABILITIES
Creditors. due after more than
one year
13
(493.568)
(658,227)
TOTAL NET ASSETS
6.604 899
6.315,885
Represented by
General Fund
Fixed Asset Fund
Unrestricted Funds
1293,775)
6.694.827
6,431,052
{216,596)
6,455,522
6.238,926
15
Reslricted Fund
14
203.847
TOTAL NET FUNDS
6.604.899
6.315,885
These finan¢ial statements have been prepared in accordance with the provisions relating lo medium-sized
companies.
The financial statements were approved by the board on 1£ and signed on their behalf by..
IM llloiir
Waller
Gover
or and Director
C Carlier
Headmaster
dk
V Srnith
Bursar
Company number 00937890
15

Aldro School Educational Trust Limited
CONSOLIDATED CASH FLOW STATEMENT
Year ended 31 July 2025
2025
2024
Cash flows from operating activities:
Net incomelexpenditure for the year
Adjustments for:
Depreciation
Interest payable
Net gains on investments
Investment income
Loss on sale of fixed assets
Decrease in stocks
Decreasel(Incre8se) in debtors
(Decrease)Ilncrease in creditors
286.227
279.838
244,027
15,330
{1.6491
(79.848)
242.221
45,644
(3,273)
13,539)
1.074
834
1490,760)
402.295
1,050.624
Net cash provided by operating
a¢tlvitles
2.014.884
Cash flov￿ from investing activities
Investment income
Purchase of tangible fbxed assets
Net cash used in investing activities
79,848
447,928
3,539
155.883
1368,080
(152,344)
Cash flovts from flnanclng activities
Interest paid
Cash inflows from new borrowing
Repayments of borrowing
Net cash used in financing activities
115.330)
290.000
297,371
145,644)
43.834
122.7011
(89,478)
Change in cash and cash equivalent
in the year
(512,4001
1.773,062
Cash and cash equlvalents at the
beginning of the year
1.998.249
225,187
Cash and cash equivalents at the
end of the year
1,485,849
1,998,249
Analysis of cash and cash
equivalents
Cash at bank and in hand
Bank loans within in year
Bank loans after one year
Total cash and cash equivalents
1,485.849
{39.759)
239.829
1.206.261
1,998,249
{286.959)
1,711,290
16

Aldro School Educational Trust Limited
NOTES TO THE ACCOUNTS
Year ended 31 July 2025
1 STATUTORY INFORMATION
The charity is a charitable company, limited by guarantee, registered in England and Wale5. The registered
office. company number and charrty number are detaiw in the Govemors. annual report.
2 ACCOUNTING POLICIES
Basis of preparation
The accounts have been prepared under the Companbes Act 20C6 and in accordance with the Charities,
Statement of Recommended Practice (SORP {FRS 102)) and Financial Reporting Standard 102.
The charitable company meets the definition of a public benefft entty under FRS 102. Assets and liabililies
are initially recognised at cost or transaction value unless otherwise staled in the relevant a¢￿untIng policy.
After reviewng Ihe charity's forecasts and projections. the Governors have a reasonable expectation thal the
charity has adequate resources lo continue in operational existence for the foreseeable fulure. The charity
therefore continues to adopt the going concern basis in preparing its accounts.
Currency
The Group presents rts accounts in Steding and figures are rounded to the nearest £.
Group accounts
The accounts consolidale the ￿sultS of the charity and its wholty owned subsidiary Aldro Enterprises Limited
on a line by line basis. A separate Statement of Financial Activrties linduding income and expenditure
account) for Ihe charrty has not b*n presented as the charity has taken advantage ofthe exemption afforded
by section 408 of the Companies Act 2006.
Income
Donations received for the general purposes of the School are credited to unrestricted funds except insofar
as they are incapable of financial measurement. Donations for purposes restricted by the wishes ofthe donor
are taken to restricted funds where these wishes are legally binding on the charity.
School fees re￿1vable and charges for services and use of premises are accounted for in the period in which
the service is provided. Fees received in advance of education to be provided in future years are held as
liabilities until either laken to Inco￿ in the term when used or else refundgj. They are slated after deducting
bursaries. scholarships and other fee remissions granted by the School.
Lettings investment income are accounted for in the period in vknich Ihey are receivable. Other incoming
resourGes are accounted for vthen received.
Expenditure
Expenditure is accounted for on an accnjals basis, with value added tax included within the item of expense
to which it relates. Overhead and other costs not directly attributable to a particular fjJnctional activity category
are apportioned over the relevant categories on the basis of management estimates of the amount
attribuiable to that activity in the year.
Goverrsance costs comprise the costs of running the ¢harty, including stralegic planning for its future
development. also intemal and extemal audit. any regal advice for the Governors, and all the costs of
complying wrth constitutional and statutory requirements, such as the cost of board and committee meetings
and of preparing statutory accounts and satisfying put￿1¢ accountsbilty.
Irrecoverable VAT is attributed directty to the cost to vthich it relates.
17

Aldro School Educational Trust Limited
NOTES TO THE ACCOUNTS
Year ended 31 July 2025
Assets
Fixed assets are shown on the balan￿ sheet at ￿$t less accumulated depreciation. Cu￿ent assets are
shown at the lower of cost and net realisable value.
Depreciation
Depreciation is provided on fixed assets to write off their cost over their estimated useful lives at the following
rates..
Freehold buildings
Assets in the course of construction
Car park surfacing
Furniture and equipment
Computers
Vehicles
Nil to 40A straight line
Nil
25% slraighl line
10°/0 reducing balan￿ basis
25% straight line
25% reducing balance basis
An item with a purchase cost of £1.000 or below is written off as an expense in the year of a￿ulsitIon.
Freehold land is not depreciated.
Pension schemes
The School contributes to a defined contribution Scheme for staff. The assets of the scheme are held
separately from those of the School in an independently administered fvnd. Contributions to the scheme are
charged to the Statement of Financial Aclivities as they become payable in accordance with the rules of the
scheme.
Operating lease rentals
Rentals paid in respect of assels held under operaling leases aretaken to the Stalemenl of Financial Activities
as they fall due.
Investments
Listed investments are ststed al market value. Investments in subsidiaries are staled at cost where this is not
signfficanlly diffe￿nI to market value. Unrealised gains and losses are recognised in the Statement of
Financial Activities as a component of net income and expendtture.
Cash at bank and in hand
Cash at bank and in hand includes cash and short tenn hMJhly liquid investrnents. The Governors seek to use
short and medium term deposits where possible to maximise the return on monies held at the bank and to
manage cash flow.
Credilors and provisions
Creditors and provisions are recognised where the charity has a present obligation resuRing from a past
event that will probabty resu￿ in a transfer of funds to a third party and the amount due lo settle the obligation
can be measured or estimated reliabty.
Debtors
Trade and other debtors a￿ recognised al the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepama nel of any trade discounts due.
Stocks
Stocks of clothing are valued at the lower of cost and net realisable value.
18

Aldro School Educational Trust Limrted
NOTES TO THE ACCOUNTS
Year ended 31 July 2025
Fund accounting
Unrestricted funds comprise those funds which can be used in accordan￿ with the charitable objectives at
the discretion of the Govemors.
Restricted funds a￿ those funds vthich can be used in accordan￿ with the specific restrictions imposed by
the donor or which have been raised by the charity for a specific purpose. The cost of raising and
administering such funds is charged against the funds and the School reimburses the costs from unrestricted
funds. The aim and use of each restricted fvnd is set out fijrther in the noles to the accounts.
Tumover
The lurnover ofthe charty is wholly attributable to the obpct of the charty as stated in the Govemors, Report
and is earned entirely wrthin the UK.
Taxatlon
The charrtable company is registered as a charity and all of its income falb within the exemptions under Part
11 ofthe Corporation Tax Act 2010.
Critical accounling estimates and judgements
In the application of the Group's accounling policies. the Governors are required to make judgements,
eslimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical exper￿nce and other
factors that are considered to be relevant. Acbjal resums may differ from these estimates.
The estimates and underfying assumptions are reviewed on an ongoing basis. Revisions to arKounting
estimates are recognised in the period in which the estimate is revised.
The Govemors do not consider that there are any critical estimates or areas of judgement that need lo be
brought to the attention of the readers of the financ￿1 statements.
3 Income from Charltsble Actlvltles
2025
2024
Gross fees
Less.. bursaries and discounts
5,812,449
532,799
5.279,650
108,432
5,388,082
61,908
5,449,990
5.807,056
741,744
5.065,312
104,366
5.169,678
100,587
5,270,265
Extras
Other income
Included in other income is £7.080 (2024.. £28.253) relab-ng to insurance claims.
4 Income from Other Trading Activities
2025
2024
Lettings and activits'es (subsidiary company)
Aldro Ball
46,461
65,011
17,673
82,684
46,461
19

Aldro School Educational Trust Limited
NOTES TO THE ACCOUNTS
Year ended 31 July 2025
5 Analysis ol Expendlture
Total
2025
Total
2024
Staff Costs
Other
Depreciation
Cost of raising funds
Fundraising
Lettings
Total cost of
raising funds
15,005
111
834
834
834
834
15,116
Charltable a¢tivit*s - Educatlon
Teaching
2,391,262
Welfare
381.210
Premises
172.180
Support
413.078
Total charitable
expenditure
158,408
386,316
658.185
633,524
1.551
2.551.221
767,526
1,072,841
1.046,602
2,548,658
628,098
1,228,140
869,535
242,476
3.357,730
1.836,433
244.027
5.438,190
5,274,431
Total Expenditure
3,357.730
1.837.267
244.027
5,439,024
5.289,547
Analysis of support costs
2025
2024
Governance costs..
Auditors. remuneration for audit services
13.230
15.120
Support costs..
Support staff wages. national insura￿e and pension
Other support costs
413,078
620.294
1,046.602
385,183
469,232
869,535
Net Income is stated after charging £93.394 (2024: £120,644) to operating lease rentals included within
emises costs.
20

Aldro School Educational Trust Limited
NOTES TO THE ACCOUNTS
Year ended 31 July 2025
6 Comparative Statement of Financial Activities- Year Ended 31 July 2024
Unrestricted
Funds
ReStr￿ted
Funds
Total
2024
INCOME FROM:
Donatlons and legacies
117,147
92.477
209,624
Charitable activities
Fees receivable
Other income
5,169,678
100.587
5.169,678
100.587
Other trading activities
Commercial operab.ons
Aldro Ball
65.011
17.673
65,011
17.673
Investment income
1.000
2,539
3,539
Total Income
5.471.096
5566 112
EXPENDITURE ON:
Raising funds
Commercial operations
Other
111
15.005
111
15,005
Charitable Aclivities
Education
5.274.431
5,274,431
Total Expenditure
5.289.547
5,289,547
Net gains on investsnents
3.273
3,273
NET INCOME
181,549
98.289
279.838
Transfers bet￿een funds
295.288
(295.288)
Net movement in funds
476.837
1196.9991
279.838
Fund balances brought fO￿ard
5,781,146
273,958
6.055 104
Fund balances ¢ariied foTh¥ard
6.257,983
76,959
6,334.942
21

Aldro School Educational Trust Limited
NOTES TO THE ACCOUNTS
Year ended 31 July 2025
7 Staff Costs
2025
2024
Salaries and wages
Social security costs
Pension costs
2,795.337
263.048
292,064
3,350,449
7.281
3.357,730
2.777,316
255,117
296,469
3,328,902
9,009
3.337,911
Temporary and casual wages
Included in salaries and wages al)ove are reduThJancy costs of £27.711 (2024.. £Nil).
Number of employees whose emoluments for the year exceeded £60,000
£60.000 to £69.999
£70.000 to £79.999
£120,000 to £129.999
£140.000 to £149.999
2025
2024
Contributions totalling £34,240 (2024= £32.788) were made during the year to a pension scheme on
behalf of the above employees.
The average monthly headcount during the year was..
2025
38
22
2024
43
17
Teaching
Teaching support
Domestics and matron
Maintenance
Administration
Calering
Cleaning
10
11
91
98
The key management personnel of the school are detailed in the Govemors, Report.
2025
2024
Aggregate employee benefits of key management personnel
251,433
269,815
Operatlng Surplus
2025
2024
Induded within the operats.ng surplus for the year are the following..
Charitable Activities - Education
Operating lease rentals
93.394
120,644
Governance
Auditors, fees - audit services
13.230
15.120
As described in the notes to the a￿oUnt5. no separate Statement of Financial Activities has been
prepared for the School alone. The School contributed £271.341 to the surplus of the Group for the
year (2024. £213,350 to the surplus)-

Aldro School Educational Trust Limited
NOTES TO THE ACCOUNTS
Year ended 31 July 2025
Tanglble Fixed Assets
The movement of tangible fixed assets VMS as follows".
THE GROUP & THE
COMPANY
Freehold
land and
buiklings
Fumiture and
equipment
Molor
vehicles
TOTAL
Cost
At beginning of year
Additions
At end of year
10.855.015
361,134
11,216,149
1.871,460
86.794
1.958.254
55,482
12,781,957
447,928
13,229,885
55,482
Accumulated Depreciation
At beginning of year
Charge for year
At er)d of year
4.738,705
167,007
4.905.712
1.223.459
75.469
1,298.928
49.279
1,551
50,830
6,011,443
244,027
6,255 470
Net Book Value
At beginning of year
At end ofyear
6,116,310
6 310 437
648.001
659.326
6,203
4.652
6,770,514
6974415
10 Investments
The Group
Listed Subsidiary
The Company
Listed Subsidiary
Toial
Total
Fair value
At beginning of year
Revaluations in year
At end of year
44.494
1,649
46.143
44.494
1,649
46,143
44,494
1,649
44,496
1.649
The Company owns 100% of the shares of the subsidiary company Aldro Enterprises Limited,
company number 02483985. which is incorporated in England and Wales.
The trading resums of Aldro Enterprises Limited for the year ended 31 July 2025 are:
Prorrt for the year
£15.516
Capital and Reserves
£16.gJ2
11 Debtors
The Grou
2025
The Com
2025
an
2024
2024
Fees receivable
Prepayments and accrued income
Amounts owed by group underta￿ngS
1,656,038
209.558
1,272,862
101.974
1,626,618
200.188
29.370
1.221,738
101.974
70.001
TOTAL
1.865,596
1.374.836
1.856.176
1,393.713
23

Aldro School Educational Trust Limited
NOTES TO THE ACCOUNTS
Year ended 31 July 2025
12 Creditors due within one year
The Grou
2025
The Com
2025
an
2024
2024
Bank loan (secured)
Trade creditors
Deferred revenue
Fees payable in advance
Other taxes and social securty
Deposits held
Other creditors
Accruals
39.759
282,849
1,426.175
495.000
236.492
599.749
131,309
45.933
286.959
62.703
1.816.040
422.127
39.759
282,849
1,426.175
495.000
236.492
599,749
131.309
35.933
286,959
62,703
1.816.040
422,127
550,519
16.579
40.831
550.519
34.252
40.831
TOTAL
3.257.266
3.195.758
3.247.266
3.213.431
13 Creditors due after rnore than one
ear
The Grou
2025
The Com
2025
an
2024
2024
Bank loan (secured)
Fees payable in advan
239.829
253.739
239.829
253,739
658,227
658,227
TOTAL
493.568
658,227
493,568
658.227
Maturity analysis
Bank loan due in less than 1 year
Bank loan due in 1-2 years
Bank loan due in 2-5 years
Fees in advance due in less than 1
year
Fees in advance due in 1-2 years
Fees in advance dLE in 2-5 years
39.759
39,759
200,070
495.000
286,959
286,959
422.127
422,127
253,739
412.375
245,852
412,375
245,852
TOTAL
1,028.327
1,367.313
1,367,313
The bank overdraft facilty, loan and £1 M cfedtt fa¢ilty are secured by a fixed charge over the school's
freehold land and buildings. The carrying value of the assets charged was £6.310.437 12024..
£6,094,298) at 31 July 2025. The school srte was valued on 25 Juty 2022 at a market value of
£7,500.O¢JO. The £1.000.000 revolving loan facilty was renewed in October 2024. The interest rate is
1.9500h above Barclays. base rate. repayable over 5 years expiring in October 2029.
24

Aldro School Educational Trust Limtted
NOTES TO THE ACCOUNTS
Year ended 31 July 2025
14 Restricted Fund
Balan
Balance
at
31 July
2025
at
1 August
2024
Gains on
investments
Income
Transfers
Oevelopment Fund
New Bursary Fund
76.959
76.959
126,888
126.888
TOTAL
76,959
128.888
203,847
The Development Fund provEdes money for capital projects through fundraising. the marteling
costs of which are also met by the use of this Fund.
The New Bursary Fund conlains don*ions gwen to help fund bursaries commencing 1
September 2025.
Transfers represent monies expensed on projects during the year. There was no restricted
expenditure in the year.
15 Unrestrlcted Fund
Balance at
1 August
2024
Balance at
31 July
2025
Incorne
Expenditure
Transfers
General fund
Fixed assel fund
(197.539)
6,455,522
5,598,363
15,439,024)
(239,3051
239.305
(277,5051
6.694.827
TOTAL
6 257 983
5.598,363
5.439.024
6,417 322
The fixed asset fund is maintained at an amount equal in total to the school's fixed assets less
mortgages secured on those assets, and a transfer is made equivalent to the net movement in fixed
assets and mortgages.
25

Aldro School Educational Trust Limited
NOTES TO THE ACCOUNTS
Year ended 31 July 2025
16 Net Assets Between Funds of the Group
Unrestricted
Restricted
Group
At 31 July 2025
Fixed Assets
Inveslments
Currenl Assets
Current Liabilities
Long-term Liabilities
6.974.415
46.143
3.147.598
{3.257,266)
493,568
6.417.322
6.974.415
46,143
3,351.445
(3,257,266)
493,568
6,621.169
203,847
Unrestricted
Restn'cted
Group
At 31 July 2024
Fixed Assets
Inveslments
Current Assets
Current Liabilities
Long-term Liabilities
6.770.514
44,494
3,296,960
{3.195,758)
658,227
6,257,983
6,770.514
44,494
3,373,919
(3,195.758)
658,227
6,334,942
76,959
76,959
17 Operating Leases
The group has financial commilmenls in respect of non-cancellable operating leases of plant and
machinery. At 31 July 2025, the outstsnding commitments for non-cancellable operating leases were-
2025
2024
Within one year
Betsveen ￿*0 and five years
56,671
15,468
72.139
92.429
73,104
165,533
18 Governors, Remuneration. Reimbursement of expenses and Interests in Contracts
No remuneration was provKled to any Governors during the year. Three governors were reimbursed
travel expendrture during the year of £902 {2024.' 2 of £377).
Members ofthe close family of the key management personnel received remuneration of£18,442 {2024.'
£17,904).
S Hunt (Governor) and V Smtth (Bursar) are parents of pupils attending the school during the year for
whom fees were payable lo the school. Fees payable and any discounts were charged and awarded on
the same basis as for other parents and staff.
19 Control
The company is limited by guarantee with no one member having overall control. The company is limited
by guarantee and each member is under covenant to contn.bute a sum not eX￿dIng £1.
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