#
#
##
|Contents||
|---|---|
|OPQ’S)FGOIiaaigwassaosiressinigreahiwaieasaineaSineiteacemivaaninatialinhi
hn
nnnmi
olienc
laainiDc
iiniaometafearenes|3|
|Referenceandadministrativedetails...........
cececeecceseceeneeeeeeeeeseescceeesunceesssuessueseeesssuesenesenes|4|
|OUPGAVISEISwrwcisvessnes**e**wenmnwe**n**snsesapaeraeaes
u cewevanmwerveresaennornie ereenssenesenemmeaesnmrseveusweswessweenmeneseens|
4|
|DifFECtOrsANGTIUSTCEScvcivsrssvicwsssssenea**e**s**s**vern**ev**es
uessevermeonverscruvawevevavemsinesn sceo wavsseeescxemn es eeeeneseas|
4|
|Keymanagementpersonnel:TrusteesandDireCtOrs............
eeeeeesecreeceeeceeeceneceesceseseeeeeenesees|4|
|Keymanagementpersonnel:KeyEX@CUTIVES.............ceseeeseeceeeeceeeeeeeeaeecueceeeceeeeeseeuneeeueseueesees|4|
|ObjectivesANCACTIVITIES.........ee
eeeeeecceeeceeeceeecceeccueeceaeecueeeeaeeesescnsecescaseeseeeaeeeseseaeeeeeeseuseuesens|5|
|ObjectivesFOr2024/25...eececceeeeeccnscscceececesceesceeceecensceecesecscascuecaseesceecesseseenceeseenecesoesees|6|
|PUIGBEMCRIT
5canisictdawrenenewenseidecesusiineuneeadwnasanoneerompen**e**meraen**e**nenesun**ee**n
s neonieademaen nwanees’Namww u nens|
7|
|OtherPOliGieSGNASSISTANCE
sssvascsscsssasenesons**s**ewavesens**an**
evansabewonedionssionen
ugsienessanevieslavenusswse wu aens|
8|
|STPATEBIGREDGOLEseisaésscnnpoisinasinxnasitsisinwneiiaitaiesisianbuhsaeSadidhAWANGaisadin
dba
Tha
diedaDERAN
sLNASAAAGSRATRAUSTAANRTNOARTIO|9|
|AchievementsandPerformance............ceccesececcnscceeceecceccseceecenecscccesenscssceecesceeceeseabeeseeeenees|9|
|SCHOOLROW2...
eeeceeceeceeceeeeeeneccnscnseeesescencenseeeeeeseaseeeeeesenseeseeeeseaseesaseussenseuneuesenees|9|
|ScChOOLBuildingsandENvirOnMeEnNt...............:scccceecnseccneccesscceescesccesceneceescesscaescuseseusecesvousees|9|
|PTAvss.ccsvenaxssnndnsanshasiussststuauaversierencenivermaver
manouninornenanesmaaeasnaeentelereressemenEs|10|
|EXAMSANdRGSUUSscissscsscsancanesansaasencanesawavavescnnescovessvasinnsanienawscainasiincsoadnnsennntvesamenenmmanons|10|
|PREPSCHOOLvissnsocssncisitainasinoleonqpindaniaiesuappainal
aiedues
thcalbasdangdaadacASRESURSMaunaeRAONE
ERMARRTTRRTRMOTORS|11|
|HighlightsofthePrepSCHOOLAUTUMNTerM:...........ceeccnesceeecceecceeececeesceeeceteeneeseueeeeeseneees|11|
|HighlightsofthePrep SchoolSpringTerm:...............cesseeeceeeceecsecescececescescnscesceeseessensenees|14|
|HighlightsofthePrepSCHOOLSUMMerTerM:.............eeeeeeeeecteceececeecescescuscuscesceeseeseescenees|17|
|SENIORSCHOOL.............:seeccccceseseccceaensececceaeeeeeccnaueeeccceeaueeeeseaueesensuescessaeeeseesesaneeseeuans|19|
|HIShlightsoftheAUTOMNTelwssissasssenssevsaversereewsanesensrsssnesseresumcammenenwascesoorsanenmevvessoesy|19|
|Highlights,oftheSPrinSTOritas.scescosseasssses.cvsvsiesenacecaesssraonewssavassenstscosesensoodvannsseeussswesnwe
nen|22|
|HighlightsOftheSUMMETtErM............eesseceeeseeceneeeseneeeceeeesceaeeeeeeseeeeeseeeeoeeeeseeeneseeeeseees|24|
|FINANCIAlREVIOW............eeeeceeeceeeceeeeeeeceeeecueeeeeeeeeeeeu**e**ecu**ee**eae**e**ee**e**sceaee**ee**
esase eesea e neeen ssea eeeesensee e s|24|
|PlansforFUTUFEPELIOMS............cceccsccesceeccescuecusceeecuscesecueceeceeeeeecescaecaseaseaecascessaeseeseaecasoueeeess|29|
|FINANCIALSTADIUMvcccesewscacsasavevcwasaamecwsn**e**nnanwa**s**ereraan**e**n**e**s
casmawwmnewese earsruesmmecen mneseemeesm mr mvs|29|
|CUP
CULUTMsessicsccsssannawesnanxennencceveusscanvecnsanvaseaesasnnecneacarecansraeaesaarvanraouvesescomeneeeeeemenemenows|29|
|ESTATESSITALG
BY
wss.cn.crnacesa.esncanancanoncnesncsnnenseireANethRe
mRNRyANNEARENA
RAE
daeAREITIGRRR
ONE|29|
|CENTCM’
<.casstiasinanntdadandinminancinawtinnnsameiasnsivesentcaiasiepiniaigasneeiness.snaektdiasiaabadenastchertiwasRaahRains|LO|
|PrincipalRisksANdUNCertaintieS..............cceccecceeccsecesceeccescescescesceesesceseesceeceeseesceseeeseaseseaeeees|29|
|InvestmentPowersANCPOLICY............csecceeeceeecceeccnesccaecceescnseceusccscesccueceasecseceseecesesenseeseeees|30|
|RESSIVESPOUGCYsmsssscensesnvemessanecenaneenu**m**enemn
areecewnseneneuenmenrrere
neuener
meer|30|
|Structure,Governance:andMANaSeMENtsissscvsssascssecscrvsnsssenueavasesnswsessasseanuaseenecneveneemenesaweee|30|
|GOVERNANCE
+ssessssseessxeanmsumensarencessezneemscaeesmaneueeasneseEKeseRamareTeNEEORSORNNRRENALA
eaeoT
RRBETEDAOE|30|
|MANAGEMENL......
cececccccescscccseeeeesaaeeeeeseeecssaaaeseeeeeceeeneaaesseeetenseeeeesessuceuueeeeseeeseeeeeeneeeeeeneeene®31|
|---|
|INdUCtIONandtrainingOfTTUSTECES2.0...
cececccceeeeeeeeeneeeeeeeseeeaaenseeeesaneeecaueeeseeuuneeseeauaeneneees31|
|OrganisationandManagementoftheGoverningBOdy............::::sssseeeseeeeeeeeeeeseeeeeeeteeteaeeees32|
|RelatedPartie...........eeeesessssssesesssssssseeeeeeseeeeeeeeeeesesssnssnaaaaeceeeeeeeeeaeaeeeeaeeeaaaaeaaaaeneeeeeeeeee32|
|EmploymentandRemunerationPOLICY............:.ccceseesessssennnneeeeeeeeeeeeeaeaaeanaeaaaaaaanaaaaaeeeeeeenes32|
|Trustees’responsibilitiesinrelationtothefinancialStateMent...........::eeeeeeeeeseeseeeeeeeeeeeeeeees34|
|StatementastodiSCLOSULetOOUFAUCITOSS..........
eeeeeeeeeeeeecceceeaeeeceeeaeeeeeaeaeeeeeeaeeeseeaeueeeeeess34|
|IndependentAuditor'sReporttothemembersofEwellCastleSCNOOL...........:sssessesesseeeeeeeneees35|
|StatementofFinancialACtiVItICS.............
cccecccseeceseeeesececeeeesccceersaeesecesuseecaueeseceueessseeeeseeensneenees40|
|BalanceSNECL.........ccccecccccecceccecceccssensssesteeeceesseescsceeessscuscsssesussssseceseeeeeusssscssaaaensossseseesuaeenseaeees41|
|CashflowStatement.............0..sssccesdsaverasesneneseseesouseasesvenceaneowesnssenensunensesecenseeneressesenceoeserneennses42|
|NotestothefinancialStateMents..............
ceeeecccessececesseesecesueesesseeeeneecesaueeseeeeeceseeeeesssunenseseneeeenes43|
##
##
##
##
|Key|managemen|tpersonn|el:TrusteesandDirectors|
|---|---|---|---|
|Chair|
:|Mr|CAGriffith|
|Vice|Chair:|Mr|APShawyer|
|Trustees:||Mr|NGBird(resigned31October2024)|
|||Mrs|CCarpenter|
|||Mr|AJEvans(resigned11July2025)|
|||Mrs|PJHutchinson|
|||Mr|CWJayaweera|
|||Mr|ACMacFarlane|
|||Mr|OSMoses(appointed14January2026)|
|||Ms|SWilliams-Ryan|
##
|Principal:||MrSEdmonds||
|---|---|---|---|
|Bursar:||MsJAbraham||
|HeadofPrepSchool:||MrsGBean(from|
1September2024)|
|HeadofSeniorSchool|
:|MrSLeigh||
|DeputyHeadSeniorSchool:||MrsBHart||
##
##
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##
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##
|EYFS|Fulltime||£3,920|
|---|---|---|---|
|Prep|PrepY1-Y2||£4,410|
|Prep|PrepY3-Y6|,|£4,985|
|Senior|SeniorY7-Y13||£7,135|
##
|School|YearGroup|AutumnTerm|Spring&Su|merTerm2025|
|---|---|---|---|---|
|||2024|||
|||VATExempt|NetFee|TotalFee|
||||(Exc20%VAT)|(Inc20%VAT)|
|EYFS-Prep|Reception|£3,920|£3,757|£4,509|
|Prep|Years1and2|£4,410|£4,226|£5,072|
|Prep|Years3to6|£4,985|£4,777|£5,733|
|Senior|Years7to13|£7,135|£6,838|£8,206|
##
##
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##
##
##
##
##
##
##
##
##
##
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##
##
##
##
##
##
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##
##
||Notes|Unrestricted
funds
Ee|Restricted
funds
£|Total
2025
£|Total
2024
£|
|---|---|---|---|---|---|
|INCOMEFROM:||||||
|CharitableActivities||||||
|Schoolfees|3|11,475,404|-|11,475,404|11,427,366|
|Othereducationalincome|4|739,201|49,011|788,212|910,043|
|Investments||||||
|InvestmentIncome|5|169,475|-|169,475|81,840|
|Voluntarysources||||||
|Donationsandgrants|6|206,372|-|206,372|12,262|
|Totalincomeandendowments||12,590,452|49,011|12,639,463|12,431,511|
|EXPENDITUREON:||||||
|Charitableactivities||||||
|Education||12,316,123|12,104|12,328,227|12,425,910|
|Interestandothercosts||276|-|276|-|
|Totalexpenditure|7|12,316,399|12,104|12,328,503|12,425,910|
|Netoperatingincome/(expenditure)||274,053|36,907|310,960|5,601|
|OtherProfitorLossonsaleofassets/property||-|-|-|-|
|Netgainsoninvestments||-|-|-|-|
|Netincome/(expenditure)||274,053|36,907|310,960|5,601|
|Transferbetweenfunds||-|-|-|-|
|Netmovementinfunds||274,053|36,907|310,960|5,601|
|Fundbalancesbroughtforward||9,485,109|510,157|9,995,266|9,989,665|
|Fundbalancescarriedforward|18,19|9,759,162|547,064|10,306,226|9,995,266|
|||||Notes|2024|sii||
|---|---|---|---|---|---|---|---|
|FIXEDASSETS||||||||
|Tangibleassets||||12|10,817,711|10,850,877||
||||||10,817,711|10,850,877||
|CURRENTASSETS||||||||
|Stocks||||13|-|4,659||
|Debtors||||14|639,888|523,553||
|Cashatbankandin|hand||||4,411,139|5,106,716||
||||||5,051,027|5,634,928||
|CREDITORS:Amountsfallingduewithinoneyear||||15|(4,750,443)|(4,974,399)||
|NETCURRENTASSETS|||||300,584|660,529||
|TOTALASSETSLESSCURRENTLIABILITIES|||||11,118,295|11,511,406||
|CREDITORS:Amountsfallingdueaftermorethanoneyear||||16|(573,568)|(1,516,140)||
|Provisions|||||(238,501)||-|
|NETASSETS|||||10,306,226|9,995,266||
|FUNDS||||||||
|Restrictedfunds
Unrestrictedfunds—|general|||18
18|547,064
8,801,428|510,157
8,527,375|
|
|Revaluationreserve||||18|957,734|957,734||
||||||10,306,226|9,995,266||
|||ff|?|||||
|isedforissuebytheBoardofGovernorsont)|||PPMC|angsiqnedontheirbehalfby:||||
##
##
|CastleSchool
FLOWSTATEMENT
yearended31August2025||||
|---|---|---|---|
|CASHFLOWSTATEMENT|Notes|2025
£|2024
£|
|Netcashinflowfromoperatingactivities|21|(568,793)|1,103,163|
|Cashflowsfrominvestingactivities:
Bankinterestreceived
Paymentstoacquirefixedassets
Netcashoutflowfrominvestingactivities||169,475
(296,259)
(126,784)|81,840
(863,463)
(781,623)|
|Increase/(decrease)incash||(695,577)|321,540|
|Cashandcashequivalentsat
beginningofthereportingperiod||5,106,715|4,785,175|
|Cashandcashequivalentsat
endofthereportingperiod||4,411,138|5,106,715|
##
##
##
##
##
##
##
##
##
##
||7|EXPENDITURE|||||
|---|---|---|---|---|---|---|
|(a)||Charitableexpenditure|Staffcosts
(note9)|Other|Depreciation|Total
2025|
||||£|£|£|£|
|||Teaching|6,746,830|1,300,278|-|8,047,108|
|||Welfare|98,955|190,922|-|289,877|
|||PremisesandEstates|298,236|1,746,314|-|2,044,550|
|||Administration|1,448,490|148,692|326,635|1,923,817|
|||Finance|-|276|-|276|
|||Governance|-|22,875|-|22,875|
|||TotalCharitableExpenditure|8,592,511|3,409,357|326,635|12,328,503|
|||TotalExpended|8,592,511|3,409,357|326,635|12,328,503|
||||Staffcosts|||Total|
|---|---|---|---|---|---|---|
||||(note8)|Other|Depreciation|2024|
||||£|£|E|£|
|||Teaching
Welfare|6,980,636
2,117|1,506,264
211,795|-
-|8,486,900
213,912|
|||PremisesandEstates|301,842|1,448,725|~|1,750,567|
|||Administration|1,379,963|240,308|333,709|1,953,980|
|||FinanceCosts
Governance|-|20,550|-|20,550|
|||TotalCharitableExpenditure|8,664,558|3,427,642|333,709|12,425,909|
|||TotalExpended|8,664,558|3,427,642|333,709|12,425,909|
|(b)||OtherGovernanceCostsinclude:|||2025
£|2024
£|
|||Auditors'remuneration
-AuditFees|||19,420|17,260|
|||-AccountancyFees|||3,455|3,290|
|(c)||AdministrationCosts|||2025
£|2024
£|
|||Salaries
StaffTraining
Baddebts
Depreciation|||1,419,708
28,782
(1,211)
326,635|1,330,389
49,574
19,041
333,709|
|||LegalandProfessionalFees|||137,799|210,751|
|||Otheradministration|||12,104|10,516|
||||||1,923,817|1,953,980|
||8|STAFFCOSTS|||2025
£|2024
£|
|||Wagesandsalaries|||6,399,576|6,547,175|
|||Socialsecuritycosts|||725,105|677,410|
|||Otherpensioncosts|||1,363,796|1,299,446|
|||Otherstaffcosts|||104,034|140,527|
||||||8,592,511|8,664,558|
##
|STAFFCOSTS(Continued)
Theaverageheadcountofmonthlyemployeesduringtheyearwasasfollows:||||
|---|---|---|---|
||2025|2024||
|TeachingandSupplyTeachingStaff
ClassroomSupportStaff
PremisesStaff|No.
102
27
14|No.
101
20
12|
|
|AdministrativeStaff
&Technicians
Coaches&
Invigilators
Catering|35
17
5|35
16|
-|
||200|184||
|Theheadcountnumberofstaffhasincreaseasmorestaffarenowpart-time.||||
|Thenumberofemployeeswhoseemolumentsamountedtoover||||
|£60,000intheyearwasasfollows:|2025|2024||
|£60,000-£70,000
£70,001
-£80,000
£80,001
-£90,000
£140,001
-£150,000
£160,001
-£170,000|No.
12
2
4
1
-|No.
12
4
4
1
1|
|
||19|22||
##
##
||2025|2024|
|---|---|---|
|Aggregatecompensation|£
842,990|E
728,257|
##
##
##
|13|Stock|2025||2024|
|---|---|---|---|---|
||Finishedgoodsandgoodsforresale||-|4,659|
||||:|4,659|
|14|DEBTORS||||
|||2025
£|
|2024
£|
||Feesandextras
Lessprovisionfordoubtfuldebts
Otherdebtors
Prepaymentsandaccruedincome|159,894
(177,088)
59,256
597,826||205,372
(177,088)
9,260
486,009|
|||639,888||523,553|
|15|CREDITORS||||
||Amountsfallingduewithinoneyear:|2025
E|
|2024
£|
||Tradecreditors
Taxationandsocialsecuritycosts
FeeDeposits
Feesinadvance
Othercreditors
Accruals
Provisions|431,263
788,956
47,100
1,990,068
429,097
120,637
943,322||168,144
164,691
34,050
3,809,231
656,653
141,630
:|
|||4,750,443||4,974,399|
||Deferredincome:|2025
£|
|2024
£|
||Broughtforwards
Releasedinyear
Receivedinyear|3,809,231
(3,809,231)
1,990,068|
|1,383,206
(1,383,206)
3,809,231|
||Carriedforwards|1,990,068||3,809,231|
||Deferredincomerelatestoschoolsfeesreceivedinadvanceforthefollowingterm.||||
|16|CREDITORSDUEAFTERONEYEAR||||
||Amountsfallingdueaftermoréthanoneyear:|2025
E||2024
£|
||Provisions
Schoolfeedeposits|“
573,568||918,322
597,818|
|||573,568||1,516,140|
##
##
|17|FINANCIALINSTRUMENTS||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2025|2024|
||||||||£|£|
||Carryingamountoffinancial|assets|||||||
||Debtinstrumentsatamortised|cost|||||59,256|9,260|
||Carryingamountoffinancial|liabilities|||||||
||Measuredatamortisedcost||||||980,997|1,000,477|
|18|STATEMENTOFFUNDS||||||||
|||At
1||||Transfer|||
|||September||||Between|Gains/|adsoo|
|||2024||Income|Expenditure|Funds|(losses)||
|||£||£|£|£|£|£|
||Unrestrictedfunds:||||||||
||Generalreserve
Revaluationreserve|8,527,375
957,734|
|12,590,452
-|(12,316,399)
-|-
-|-
-|8,801,428
957,734|
|||9,485,109||12,590,452|(12,316,399)|-|-|9,759,162|
||Restrictedfunds:
Other
FitzalanHouserenovations
SammyMhizaFund
TennisAcademyFund
EwelliansBursaryFund
EwellParochialTrustsFund|262
500,000
460
1,335
7,600
500|
|-
-
2,642
22,226
23,643
500|-
-
(1,388)
(10,716)
-
-|-
-
-
-
-
-|-
-
-
-
-
-|262
500,000
1,714
12,845
31,243
1,000|
||Totalrestricted|510,157||49,011|(12,104)|-|-|547,064|
||Totalfunds|9,995,266||12,639,463|(12,328,503)|-|-|10,306,226|
|||At1||||Transfer|||
|||September
2023
£|
|Income
£|F
Expenditure|Between
Funds
£|Gains/
(losses)
£|AtBiAUgUBt
2024
£|
||Unrestrictedfunds:||||||||
||Generalreserve
Revaluationreserve|8,527,216
957,734|
|12,415,550
-|(12,415,391)
-|-
-|-
-|8,527,375
957,734|
|||9,484,950||12,415,550|(12,415,391)|-|-|9,485,109|
||Restrictedfunds:
Other
FitzalanHouserenovations
SammyMhizaFund
TennisAcademyFund
EwelliansBursaryFund
EwellParochialTrustsFund|939
500,000
3,776|
=
-
-|-
-
4,993
2,868
7,600
500|(677)
-
(8,309)
(1,533)
-
-|-
-
-
-
-
-|-
-
-
-
-
-|262
500,000
460
1,335
7,600
500|
||Totalrestricted|504,715||15,961|(10,519)|-|-|510,157|
||Totalfunds|9,989,665||12,431,511|(12,425,910)|-|-|9,995,266|
##
##
|||Unrestricted|Restricted|2025|2025|
|---|---|---|---|---|---|
|||funds|funds|Total||
|||£|£||£|
||Tangiblefixedassets|10,817,711|-|10,817,711||
||Currentassets/(liabilities)|(246,480)|547,064|300,584||
||Longtermliabilities|(573,568)|-|(573,568)||
||Provisions|(238,501)|-|(238,501)||
||Totalnetassets|9,759,162|547,064|10,306,226||
|||Unrestricted|Restricted|2024||
|||funds|funds|Total||
|||£|,
£||£|
||Tangiblefixedassets
Currentassets/(liabilities)
Longtermliabilities|10,850,877
150,372
(1,516,140)|-
510,157
-|10,850,877
660,529
(1,516,140)|
|
||Totalnetassets|9,485,109|510,157|9,995,266||
|20|COMMITMENTSUNDEROPERATINGLEASES|||||
||At31August2025,thecompanyhadoutstandingcommitmentsforfutureminimumleasepaymentsundernon-cancellable
operatingleases,whichfalldueasfollows:|||||
||||2025|2024||
||Duewithinoneyear
Duebetweentwoandfiveyears
Dueaftermorethanfiveyears||718,588
2,494,306
1,180,000|726,655
2,622,894
1,770,000|
|
||||4,392,894|5,119,549||
|21|NOTESTOTHECASHFLOWSTATEMENT|||||
||Reconciliationofoperatingresulttonetcashinflowfrom
operatingactivities||2025
£|2024
£||
||Netmovementinfunds
Depreciation
Writeoffoftangiblefixedasset
Bankinterestreceived
(Decrease)/Increaseincreditors
(Increase)/Decreaseindebtors
Decreaseinstocks||310,960
326,635
2,791
(169,475)
(928,027)
(116,336)
4,659|5,599
333,709
(81,840)
599,406
245,347
942|
.
|
||||(568,793)|1,103,163||
##
##