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2025-12-31-accounts

Docusign Envelope ID". DEDOA80E.74DA-86Fg-8102-023BA9A2E405 st. Clement Danes Educational Foundation Report and Financial Statements 31 December 2025 Charity Number 312319

Docu8¥n Envolope ID.. DEDOA8DE-74DA-86F9-8102-023M9A2E4DS st aemert Dan•8 EdU(th￿ Foundation Contents Fort ar emded 31 December 2025 Legal and aLknlnlstrdtJve d&éi15 Report of the Thtsts Rwt of the In(ndent Examlr Page 7 ststsnent of fi[w￿[al admties Bthnce sheet PJ]e 9 Nrtas ID the fkTrnclal stateimnts Pages 10-16

Do¢u$ign En¥plop6 ID.. DEDONADE-740A.e6Ffv8102i12W9A2E4t15 st Clqmert Educ4tlonal Foundallon Legal •nd ttdmlnl•t44tl¥e detsllj Forthe ear ended 31 De¢￿ber 2025 Conjtitjrtlon The St aemert Danes thurth of Ethrxl Prtmary ￿001, S(knol of the Fourbjotion, vrds foutKI￿1 on 13 January 1701. HO￿er d￿fftable sch regutattng the Fi￿ndalk￿ was made the Fnd1W￿d Scl%xk Jrt 1869. The a]allty s oJnEnbS regukteAE ty a Scheme under the ausplce5 of the tharfty Commislon da￿ >J Juty 1954, sC￿me was subsequenuy varled to 4 smal dwJree iry fijrthy sthern￿ datsl l A￿USt L9T2 and 27 November 1998 and an c¥der datA 20 ma￿ 2￿1. The (lwrfty h&g been registered wth the Charfty G)mmls4on SIn￿ 26 Juty 1965. Charlty number 312319 Rog1stor￿ offio and operatlonal nddreFJ aernent Dane5 thurth rf Prfmary sch￿ 118 Dnjry Lane Lclthn W128 5SU Appolntrnent of Trusteefj a One Ex%(fldo, belThJ Lyst Mary te Strand St aemert LYdne9 or the nominee of ts h￿lea￿n ofcharfro Cro b ￿en Trus￿, th) shall Ee memLer5 Dflts thurth of ￿gland c Two by the iAJndan Bckird fv 9Jvx>Es a The Revd Shmcffl (*gJ b P. MaptesLt)ne b G Thom9)n b L tyodman b Lgjl b M. Lacey b H. Jarvis b D.Thnl L WLMlf B.LM 202+2Q29 2024-2029 2022-2027 2022-2027 202>2028 2022-2L127 2cI22-2027 202>2026 Chalmifyn P. Maplethne Vktrthalrman Cler1( to th¢Trustae5 Mrs D. Star Independert Examlner Adam PJIIert￿. MoNe Snlth LLP, fih Fhxr. 9 Appdd Stre¢ Lond￿ EQA 2AP LWS BanK 7￿71 aW￿lde, Loth EQV 6EN Solldtors Wexllake Bdl LLP, 711￿) v[rt￿la L(￿d￿ EC4V4AY Stgthbroker Wakr IrNeststt Manag￿[￿￿ Untsl, 128 Quea) Vf¢torfa W London EC4V 4BJ

Do￿sIgn EnveK)pe ID.. DEDoA8DE_74D￿86F￿8lD2￿￿3AA￿E4DS St Clamenl Danu Educatlonal Foundatlon The Trustees presert th ￿l%)rt and flrwthl Stabl￿ { ts aHfty fortrE year 31 Decemt 2025. flnanclal Slat￿ have been P¥Eparel in ￿(Or￿n￿ with the accDuntitvJ polldes set out In Note I to the accounts ar CoM￿Y wlth the Charitys trust deed, the (Jklritie5 Att 2011 and Accounljng ReporNrKJ by Charides.. Ststement of Rttomm&J pract[￿ awlKabk to thartyos prepartrg Kcounts In ￿l￿anCe ￿na￿al Reportl]yJ Standard apFlczble In the UK and Reixtlk of Ireland. Legal and adn￿nIStrat[Ve Itif(ffjth s¢t on the pradous ptye fcffms pwt ofthls rqJ)rL Objects of th¢ Clarfty The prlndpal object of the Charfty Is to to enth the Govemlng Bo(ty of St aement Danes a)urch or England Primary Sthool to Corn￿ wlth th ObIl￿th ￿jer the Educayon Acts. It may also apply stKh ￿rther ms, as the Tnts deem fft In the kYoNtsIM c¢ sal twfits tr the sth￿l of a kknd not provld8J by W&mlt&er aty c4)Fj￿1. In addlljon, aft￿ meeting the neets of ￿ Schoc4, the Trustees may appty Inwme to b￿efft perso￿, wlj) have ￿t atklned age of 25 year5, are In need c( fina￿la1 ai5tsn￿, are ￿ kwve been pu￿3 at the SclNx)l or are reaa lft the Cl(MX c¢ London, for th)SB rethtt wlthln aty of We5tmtrthr. Publk Bénefit The TrLLStees confirm that they have regard to the a￿rfty Commlssion s I)Jklan￿ cn publlc b￿efft on reporting on the Charltys objectives and a¢JiviUes, a0￿ments and Flans for the futtir& St Clement Dan&s Church of E[u[ar￿ PrfrTr3ry SchcK)I, the prindpat t￿￿fi￿ary of tharty, has an Indusve 2￿MISSIonS pc41cy for thlldm Iwtng loolty. The thartty akn makes grants tri young peFSons In need of ffin￿da1 astan￿. The Tn cOn￿der that the Chèrtty meets the crlterts ftK wNlc EH)ent as defin￿1 ty the Charity Commlslon. 0ry8nlsatlonBI StNctur¢ The TNsté&8 meet at le&st four Ymes ythr. Ihere are no &b(Dmm Inductlon and Training The inducuon of new trustees is ufKknaken by the aerk wkn. s&¥ltryJ a copy of the ConsUbJtlon toge th minutes, a￿OUnts relevant paper5, nkyts new tnJee to ewain adminlsiratlu)n and hlstory of the (harlty and g￿e5 a t￿r of the SdKd. Trustees are nkide avIa￿ of the informaljon awduable on the Charty Commisslon webslte to asstst them with the dithr￿ of thdr duties as a bvee of a tharw. Rl$k Managaiient The T￿￿te￿$ have aswed the n4ior rfsks to vthlth the OkW15 expDsed a￿ ￿ saUled that Wems are In pla￿ to ideffj Whe￿ and when actÈon is r￿u[red. The a￿lIty trj malni3ln real value of Invthemt Ino)me aThl to attract chlldren at a ttme 9JKd rcls are fall￿ In Cthl iDrkkn a￿ the r15ks wlth the hvJhest Mitiga￿ ri4( xore. Tho Char￿Y and Rolated Partles The a dose rdatlorL5hlp vth tre 5dK￿)I FourKIth e4

Do¢LJ$un Enwopts IO,. DEOOA8DE-74DA-36Fg.8f024)23M9A2E4D5 st Cloment Dana8 Ed￿￿tIOnal Foumlatlon R•pwt of the Trust•ts for the ythr ended 31 December 2025 Achlov•men¢ PerfonrAatK¢ and finandal R•¥l6w m￿n athIevem￿t ot Trustees In 2025 was to ce use for the ￿USe, whith stts below the Year 6 dassroom, bad< to ￿￿k19)t￿l wlth ttE Intention that the w¥erty cothj teiDme 8 rentsl asset to trRnefit the Scthol. The <k¥elopment projett wa5 corn￿￿ed ￿thYun¥ rerrtal Inc￿￿ WAII siart In Janimry 2026. The house has been renam￿ IheatrelaTrJ rhe total ¢￿t of ts proJ&t was £411,829 of £393,575 ￿ tew to imF(ovlng the bulldlng and the balarKe has been charpj iD UnrestrIc￿l ftffMl& A ten2nt has been ft￿[KI and the rent offe￿1 Is spjffident to rdise the trusteeg valuation of the aco)mnKdatiorb ty £393,575 to £893,575. The valLWtlon rellects the fdrt that Theatreiand Hou is p•t ofthe gYucaOonal erMdowm&rt of (hrity and Is not walat4e for de. Rathtt than sell Inve#￿nts io fund the ¢2rthl ImpT0Van￿ the TT￿￿5 transferTed £308,068 from deslgnaied schoc4 fvnd with the Intejthn that this unrestrthl resw fi￿1 ￿￿[1 reLult from a p)rtlw of the rentsl Income. Tho Trustees were that the Invesimert In Itwtreland trk)Lse should nct affed thelr abllty to support the Sthool and young peo￿ ￿der the age of 25. Grdnts to the and hueaEed from £161,484 b) £174,722. Investment income o)v&ed these grants aThJ the d￿[slOn nct ID 41 pcxYeAI inyeth￿nt funds led to an Inc￿Se In dlsfrtbuttons of £6,753. Voluntsers Inlgo Woolf volLnteers to overe of accounts ar¥J ¢aft the amupa rewt and accounts. In addItI￿ he nlntslrn8 an ovttht of Ir￿lma￿ of (. The Chafflty Invtsts In Iwo irtvestm￿ ftnds one inv&ng In ts UK and the oth& an)und th world. The Endowment Is Invested to pmvlde a In(x)me to su)p)rt the Schjd wlth the expectruon that the real Wdlue of the opltsl can be m8lntslned,' In 2025 the the In￿ irMJEasod by 635%, compa￿1 to 33% In(Tease In the CM5umer Pkn Inde After several years wFwe the global fijnd outwr￿rned UK fimd, the re*tse happewl In 2025 and vlndlcatoa the trust￿ th)liry to have fm managers with dlfferfro Invesiment strategles- overall the Wdlue of itte Investrnents increased by 6.3% crjmfortabty ahead of Inflayon a￿j the aS￿￿a￿l distritythions grew ty 4.5Wo.

Docu¥ign Envdopè ID.. 0ED[I48DE-74DA-86F￿lO2-Dys8A9A2E4Ds st aemont Dan¢• Educatlonal Foundatlon Report of thè Truste•$ for the year ended 31 DK•mb•r 2025 The School Fund repre￿ts an accumulatiffi of the Lnrestrkted fLnJs arising from past operatlng resuKB. It alg) reprents fiEe reswes oflthe Q￿rtty, as all llxèa asts are I￿luded kn restrl¢tsl futKl& The Sth)ol has been malntsining the xhTh)I b￿k11r￿ to a hlgh stsndard and the to the Sthod prePa￿S an annual cDn(Stbn rep¥)rt. The Trustees ￿levE th& a reserve of £500,OW woukl r m(Ist rfsk5' the InVeSbTr￿t of rewves in refurblshtng Theatre1a￿l house In 2025 ha5 redThl ( a¥xl allow rewves to ￿ rebuW( over me. ObJec*lves for 2026 Further Investrnent In TheatrelaThJ HO￿ pThlde Income to gJPF(rt Improvements to the Scl and In particular the ￿aY ¥￿. Independont Examlrvar M￿?[￿ Klngston Smlth LIP, has ejprwl Its wtlrwJrEss to ry)n￿n￿ a5 Inde￿ent e>amlners to the a￿rtty. Approv&l by the T 19 May 2026 aTrJ on thetr bthlf by. Peter Matdthne, thalrman

Do¢u$kJn Enyope ID.. DEDDA8D&74DA-86FS.B1￿-OY￿44￿E4Ds st Clemant Dan¢¥ Educatlonal Fowulal Independent Ex)mlnorf• Report to thg Th11t￿lOrthe ywr •Mled 3tst DKwllb•r 202S I the Trusttts on my examlnavon of th8 aCC￿ftts cf DarAs EdU￿tIonal Foundayon for the year erK￿ 31st DecemtE¥ 2025 whlch are set on pages 8 ID I& Re8ponslblllll¢J ond basli al rwt the orVs trltstees you We resFThiL for.tr￿ of v4zourfts kn acCOrda￿e ￿ the r¥ul￿ents of the.1￿altIeS P£t 2011 Tr W. E report In resrt ct my exaMI￿10n rf lthe dwrfivs (an￿1 (Art sthn 145 of the Act and In carrylno out my e￿mInation I have fvlkn%￿t all appkalk Dirth glm by Charlty Commlsslm under sectlon 145(5Xb) of its A(X Xnd¢pendert Examlnefs Statsm•it I have tompk￿1 IV eY￿nI￿on. I axthm that rN) matwlal malth frove come tr) my *nYon In cfflnedkin wlth the eomlnauon gI￿￿j me (3U4e to bdleve that tn any matelal i. accour(dng r￿rdS were In rwof as Tg]Llr&J by 5th IXJ of the ACL. or 2. the aLtoL￿ do not a(￿￿1 wlth th0￿ r￿rds. 3. the accoLrts do ngt comply the aP[￿Ica1Ae rerylrements (L￿￿nIng the form and contert of tha a(n)unts sat out In the Charfties (Accounts ar￿ Worts) Regllatlorts 2008 0th6r than any requirementthat the accounts glve a 'lTue falr vlew, whkh Is a mats as part of an IrKSv￿ert e¥AmFftatlo I have Th) arKI Fkive ￿me acrnss tv) mai(Ers In vAth ts e¥amlnatith bj ￿ld) atterthrt shoukj be drawn In thts rer•Nt In ordtt to ￿￿e￿NIng of the acrounts to be rth￿Ed. ned LY. Fullerton FG4 DQ)A re Ktngknn Smlth UP 6th Hoor, 9 Appokj Stree¢ London EÉ2A 14P 21 May 2026

DO¢U8WJn En¥&lopg ID.. DEtWDE-74DA-86F9-B10241Z3AA9A2E4D5 St Dart￿ Edu(atlonal Fwndaijon Stat4mortDf tlnandal acthrfUeB Far 2024 Fu nd Totsl Total Incom• frgm: DonatlDll5 Investments 1250 1,250 179 353 390 Trtal In¢ome 390 Ixp•ndltyr• on: Charttsble aLtivlUes 39D 191118 200 eXP￿dItU¥¢ knsl(Losses) on taiiglble Unrea115ed g&ns on fixed assets Not Incomel(expondlknre) b¢foro 390 191118 21751 217051 130,595 {19&n) 217.851 197,974 120hlO Tranr beiween funds 19 Net Incomt Jfter tr•n 1327W¥ 525,919 197W4 120BIO Net mov•m•nt In fvnds {327.945) 525,919 197,974 120AIO Reconrllatlon of fund• Br¢yJght fomard from prevlt)us year 5550fS 4,Q16,499 4,5743n 4M51,962 227,928 4,54W8 4.770,346 ￿3r1 There are no r¥cgnlzed galns or Sasses (thr than The notes on p3ges 10 to 16 klwt ¢4tkn

DoGwsign Eny0b￿ ID.. DEDOA8DE-740A-B6F98102-OfW9A2E4D5 St aernent Dan65 Ed￿￿tION￿ Found Bv&lanca thaet as •t 31 Dac•mber 2025 Note Unrestrfrt￿ Dts]gnabJ Endowment 5chcd & Re5ts1c FuTrts 2025 2024 Totsl Totsl Flxqd a8sel8 Tanglble assets Investments 893,575 893,575 500,000 3648843 ￿43 3430992 4,541418 4,54I418 3,930,992 C￿￿tt 4gMts De￿•r Funds on depo Cath at bank and In harxa 241186 14 227,928 241186 16 59),572 24,958 5205 648,680 Credltors Amounts due wlthln l year (24,958) (S￿05) (30,263) (7,300) 227,928 227,928 641,380 Total R&ets less rt liabilltie# 4 542 418 770.346 4 572,372 4 770 346 Funds UnriLted Fund Unrestrltted Scknol Fund Restrfcted PriTr Rjnd EtKlowment AJrMI 227,928 227,928 555,8TJ 7,128 6,075 4 535 290 4 010,424 io io Total funds 4770346 457 Approval by the Bcrrl of Truth cfi 19 May 2026 and Jnod on Its ty. Peter MapleSts￿ {￿￿1]rman) The notss on pages 10 tr1 16 fc￿ part of the acixun

Docu$vJn Erwelopa ID.. DED0A8DE-74DA-88F￿8Il￿-O2￿9AZE4D5 St Llemènt Danes EducJtloMI Foundatlr•n Not89to th• Ilnjncial statam Forthe year endod JI Dwnber 2025 AeaiuntlwJ poldas a) of pre￿ratIon The accounts (financial statememts) have Eeen prepareA under tr hLstrDrtol C￿ oJnven￿0n Iten7s fftctsjnlzed at cc& or trdnd(tion vak unless cthTh¥tse ststed In relevant Ws) to tIEse actsxmts. The firtandal statements have been prepared In ￿cOrdan￿ wlth FRS 102, Th Flnandal Rwung Standanl applkabk In the UK and the RepLi)Ilc of Erdand, the Statement of ReLCYnrn¥￿ Pntho.. "Pucwntsrtg and R4¢rUng by Charltles preFring thelr accounts in accordan￿ wlth FlnarKknI Re￿tiThj Standard appptsbte In the UK aEMa RepuNlc of IFd¥nd (fRS 102)", (tharltles SORP (FPS 102)) ar￿ the Charfues 2011. The flnandBI statemats have been Eyepared to gfve a Yrue ar¥1 fatff vkw and FHYe departsl from the thatrftlas (ACQ￿nts and Reports) Regulths 2008 ordy to the e¢tent requkod to prvlde B,tn￿ and tdlr ￿e¥￿. Thls depathre has Invofved follvNing AcoMntirwJ RepcKUNJ by Charfues prepaAThJ thelr aCc￿nts Sn Kmrdance wlth the nandal Rep￿￿ng StsrKlard apPItsb￿ In the UK and Republic of (FRS 102) rther than the ACcoun￿n9 Reptirbng by thatlues.. Statement of Rwnmemded Practke from l Aprll 2005 whlth has 5]n￿ b The Charty is ￿t requlreA to pry￿re a (xsh statunuft kn a(xwdano TAIth the Charliw <FRS102). The presenfaU(m currwry Is £ #edlng. The (Jurfty Is an unlncorporabj tharity that a rAJtAlc benefits ￿tity as defln&l by FPS 102. Addttlonal Informkn reg2rthng the legal fomi of bae Q￿rIty, OF￿ati￿1 &Jdress ￿￿1 of pwptssè on be found on pages 3 and 4 of the Acojunts. The Tn that there are no materf&l unLErtalrrtb aivjt the tharfvs abl1￿ to conunue as 8 going rJ)ncem. This going am￿rn bag5 ￿45 bw rts4￿ due kn the ￿￿￿ty 5L¢ffldent assets to CDVW all grants and expemllbjre forthe fdlowlng 12 nKa)th b) Flxed Asget8 The freehokt t￿lId￿¥￿ Ls sh(F￿1 at deemed cost In its w as a 3d￿1. The trustees conslder that the resh1￿1 value of the freeho]d ￿lkI1￿ Is least equal tu its nLt Val￿ and, therthE, ￿ (kpralion has been tharyed. The freehold bulldlThJ Ls (KLUPted by 3 ￿urd1 of prlmary xw)ol arKf the Tntstees have no powwt£) terMI￿te thelr occupadon. In Ojnwn￿ k15 rrt rwib]e to prcAde a mark& Val￿ ftir the 51te tR8sehoId propety Improvemerts are depr8Jl on a thlght I1￿ ovw I￿r e5ttmated usthl llva% of 20 years althwgh the urnlerfwng ièASÈ Ls ts 99 Ye￿ Tlts prcperty, TwlnlryJ Hatl, 12n onty be used for educAtlonal purpos. inve5tmerts are re-yalued annual￿ to thdr far value (tylng the q￿rt￿ market prkn. Any gain or 195s on rwluatbn L4 tsken to the stst￿ of Fi￿0￿1 Pthits. Realked gdlns & bssES are tnduded In the Accounts as they arlse, c) Cash al baDk and In hDnd C￿￿ at bank and osh in hand ]r￿udeS cash term h￿Jbty investments wlth a short mthrlty ofttwee months L1£55 frown the dats (¢acyuig1kn ￿ opthg rfthe de￿or ￿mIar aaZ￿nt dl Cyedltorg and provldoms Creditors and provts1o￿ are r￿nIS￿l where the tharity has a pr&sSEtoblts￿on resvlilng from a went that wll prc&abty resu￿ In the tra￿ of ￿ndS tr¢ a thlnl party and the amount dua trj sethe the obtlgavon can be measured or estlmated rellably. Credit￿S ar￿ pl￿1￿C￿$ are nO￿r0￿Y rwn]sed at thetr s&Uem¥t amount after al1r￿n9 for any Irdde dlsownts d

Docu8un Envelope ID". DEDOA8DE-74t)H6W102-02SWA2E4D5 St aement Daneo Ed￿c￿lO￿al F(Mmd• Notos to the flnandal •ltAm Forthe yeprended 31 Decem￿ 2025 e) T•xatlon The charlty ts ovempt frcfn tsx on Inc[ffi￿ aThJ galns to the eXt￿thatth¢5e ar8 apptkd to115 dwrftaLle obJed% O V4lue Add￿ Tax The djarlty ts reccgnlzèd for VAT ard al xe kKluthe of 1rrttty￿[Bb1e VAT where aN)Ik8ble. g) In¢oma All income Is r￿r￿P)I the Charlty ha5 eJYUement to the hK(￿R, tt ts probable the l￿Z￿l ￿11 be r￿1ve￿ that the amourtrf Irhxme (zn be Mea￿ed rw. Investment Income from propety, r￿e￿I Int¥est In¥eth￿ depc61t ac£ounts b Included the 4caiunts on a rec£lvable ba￿$. D￿hlend Income Ls r￿n[Zed wlth rethn￿ tr) the divideTrY dedarallcffi dats. DonatltM4 legadeg cher IrKrfft are r￿ntsed vttEn the awity Is that It wlll ￿fve the donatrcffi. (hrltrAble Income ￿rthed In furtr&a￿ (the ariVs ctyts Is ￿rth for on a ￿e[Vable ba, Other Imwme Is for kn the year In Tthlth ts arE re￿ and aknd to fiJnd5 a5 apprwtaip. h) Expendityro Uabjllti￿ are re0)gnI￿1 as ev￿]￿llre as a5 th&E1s a or ￿￿u[$JVe Cl)1￿ C(thm￿tsn9 tha￿ty to that eXFend￿rfj, it Is wobable that SettleMs￿ wlll be r4uW and the am(yJnt ofthe otlkJatSon be measuRd rellabty. Expen￿￿Ure 1$ an arLnb Lws1& Ca of raLthg fimts Ux￿1$es l)c4dlng In a a)mpary, ants payable to St aement Dane5 ClnJTth of ￿￿gla￿l FIuTJary SdKd and tr) ￿Jde￿ are ￿nIZed ln the aC￿U Wh￿ aLrthDrtsed. Grants to students are wlthdrdwn arnl wrIl￿ ba¢ aliEr an approprlate tlme ff the grdnt ccffldttions cannot bg (vmplid W￿h. Suppc#t cost5 have Iken appJri)￿j L￿(%￿n tharltab ewdtture aTrJ govth￿e on the best 4sUmate of staff tlme spert on each JMY. l) Re￿leted Funds Re5tr]thd tunds are to te fur 4dfic as laid down by ￿ donor. B])endliure whlth meets th crtteda Is charged to the fund togeth¥ w¥J) a falr alk¢aticfft of managEment and wwort Costs where thls Is pemiTiird. J) Deslyhated Fltnds Any reallsed swplus ar￿]ng In fJ)e unr￿l￿d fiH)d ts tr) designa￿j funds wkh refer&u to the tru5ts& arttfapated fyture eyweThlkthre Dthlb ofthe nature and putP05e of eath fund Lfj out In Note 9. k) Unr¢strf¢ted Funds Unrestrthd ftJnd5 ccmpfl th￿ fund5 wllth the Tnthes are free to u fcr any pwpose In fiJrtherance of the d￿r]￿ble DbJ. mianent EndwAllent The charfty has a ￿rn￿nent eThJowmen¢ ts IncDme from wNth15 P&Je li

Docusvjn EnvdOF ID.. DEDWUE-Y4DA-86F￿IO2-0TJAl9A2E4D5 St Clemqnt Danes EduCatIon￿ Found)Uo• Ilotss to the flnandal statemw For tho yqar qnded 31 Decombor 2025 2025 2024 Ina)me from Inveth InterestfrgTn sh￿tsm7 Rental Irmne Unreth¢led Restrlcted Income frun Inveytments TOTAL 157,662 21.301 150,909 29,653 178,963 390 179 353 180,5 3n Rentsl Income relote5to School H￿tse ¥¥hlth L￿￿me va(Jrt 2023 when the long term kasa was nct renewd. Refurttshmert rf the hJJ5e (l￿p1&￿j in 2025 and h￿￿15 now awaikble for Expemd]iure 3a Ch•rltsbl¢ ¥rttvkEes Grants (see atso nrte 3b) SuppL¥t CQ5ts" . Cost of d￿rtl￿ble actmues ¥725 - Legal pr(tsstonal fees 18,233 . Independent examination ftt ￿10 Totsl unr&trlLtsd 200090 Building wor>s- r￿Je(ted Grants r￿tri￿ [￿ Nrte 3b) 17722 161,484 IW2 23239 190,747 390 371 191 118 The Tnjstees re￿1￿ no r￿rtUner21hJn exrffiw reinbJrtA are Nll {2024: NK) The average numtr￿ of durlTrJ the year wa5 nl (2024: ￿1.. 2025 2024 3b Grnnts payable sth￿l grants unrestsl(tsd grdnts Grants no lotvJer required T(4al unrestrtcted Sthool grdnts restrlcted Tots5 158,621 16.101 9,￿1 174,722 390 175 112 161,484 371 st aement Dans ColE Fymary Sch(d Ls the Ixrfiiyaryof the gftnls 8 grants were aw7rdpA tr) stsklats (2024f) Stsxknts Indude ￿15￿￿ pupits at 8 aernt Lnes CcfE Prfmary A traTrts has made to ts fo)erd Fund from the de4grt& Soh¢y)i fuMt of £19,8T/ (2024: from the daSIgna￿ School Fund to the Genernl FLmd £10,185) d￿thbk wrt¥)ss The d£slgnated Sthooi Trjnd also transferred £308,068 to the End¢y•yment RTrJ (2024: nltk Page 12

DocusYJn Enyglope ID." DELwDE.74D￿a6F&81o24j23AA￿E4L St awnent Danes Educatlonal Foundjil Notes to th¢ fknandal •1otements F¢r the yrnr anded 31 DK¢mbv 2025 Tanglble Assets thakffable Use: Leasehohj Fyopertl Total CoJtlvaluaYon At l January 2025 addlilons revaluatlon At 31 D￿mL￿ 2025 182,781 681781 393,575 393,575 At l January 2025 ddluons dlsposals At 31 2015 182.781 181781 Net bookvalues At 31 Deomber At 31 D￿Mb￿ 2024 3,575 893,575 500,000 F￿hold Property The Trustees Con￿d￿the Val￿ of ts freejxld prcywty In ts ayrent w as a sdxd to have a value of £893,575. The bulldlng and playgr￿￿￿1 Is valued at nil and the resklentlal has Ixen vafu&l by a tTUSt& as rental property at £893,575 (202+. É￿,(Kx))- the for£17nL LeHsehold Property A 99 year lease for u of partof the basanent ¢9113 SX now called T￿nIng Hall, signed on 8 November 2001. TheTru5tees dep)t(iated Improven￿ thls leaSeh￿d property over 20 years Aq the ase ts r¥trirtL¥J ID edueaknnal w, no reydual Wd1￿ has cfft &s Al tsnglL4e assets In 2025 and 2024 retateto the er￿rt wvl rektsl furK15

Do¢u$w Envelope ID." DEDwDE_74D￿6F9￿l02-o2￿9A2E4D5 st athent Eduotloml Foundauon Notes to thg ilnanclal statements 14>r the ywended 31 December 2D25 Inveth¢nts 2025 2024 Invwlments at Falrvalue Falr value at l January F4Jrcha5es sales/￿emp￿0ns Galnl (Loss) In year Falr Vdlue at 31 D￿ember 430092 3,300297 217 130 595 Y 3430992 2025 2024 2025 2W24 xed Interest WL¥tYes ILsted c the Lorvjon &ock Exchange Uwuotod pooled investment fuTh COIF Gknbal EqU￿Y ￿nd untts M&G Charlfijnd unlts 14Yo Z6% 1rt94rt57 1,581,495 1759 497 3,430 992 4LOI% 56.6Yo iQO.DP/D 46.1% 51.3% 100,OVo Histoital cost * 31 Decanber 1031579 LQ32,579 All finandal assets are arr￿lj at thelr falrvalue. Investm In Ilxed Inth5t S9￿ll7&S are ttsled In qLW)tsd publlc markets, prtmarlly the ifjn(thin ￿ Exchang& Hokjlngs In ￿￿mOn Inveljnent fuThJ5, wlt trusts and ryen ended Enveslment ccfflpantes &the bid pth. knet sales wrdwes are rythd atthe date oftsade at cost (that is thetr trans4Ltlon Val￿). The flxed tre￿t wjrttles • a IN￿dIng Iwi sutmjrfknated byllls Iss￿￿ by a UK dearl￿ bank (2024: I hokling). The Tru51ees recC#Jn￿ that wlth an Iniw& 13.625%, the bonds may be called for redemp Kt rlan for the posat4e relnvestment at lower rates c¢ InthsL The Investment In t￿led inve5bYHt fijnds Is rest￿ to the ￿dtsrnt and restrlcted fvnd& The TnFSteds rety on the Inojme and the s￿n1{kan￿ of the investrn￿ ts) the IMYJolng sustslnabllity of grant maklrvj Is consJered kn the Invethent review ofthe Trustees AMu31 RerxL All Investments In 2025 and 2024 relate to and eA1¢y￿ent JJnd& L￿Thent Asmts 2025 2024 Debtor- Cash at Bank trAlan¢es were 4s folky￿. Unretsltt&l gerwal fund Dnated knol fw Endort & Restrfced furyts 7￿00 555073 227,928 258,191 648,68Q 191 & I￿lIE0r•- Amounts fallth9 due wlthln one year Unrestslthd Gen¢rnl Fund 2025 2024 3,050 Rental deposlt 18 29 4250 Endowmènt & Re8trlLtsI FwM15 Accruals Grntts payablo relate te grants ap￿[￿1 by the T[u5t￿ but rK dr*ffl atthe year end Page 14

Docusign Enyeknpe ID.. DEDoA8DE-Y4DA46F￿1￿2-￿2SAl9A2E4Ds St Clement Dun•• Educallond Foundadon Notag to the flnanetal statrments Forthe year ended 31 Docember 2025 Unrastrlthd Funds General 2025 Lknerdl 2￿24 DestgnaiEd 2025 DesiqnatFA 2Q24 Baknce at l January Investrnent tncome Expendthre S55￿73 566,058 180,213 200 090 {19077) 19J77 I￿562 (lo,1￿) 10,185 555m cl9￿77} 566,058 (10,185) Transfer be￿en Transfw to restrlcthd Fund5 Balance at 311)ecemker 227 928 The arnounts a￿L￿ated to the FLNKI aR avalabk to ts Sthct4 Govemlng Brdy in tu 451st the G¢)Yemors wlth thoir obllgatlons U￿der Ed￿￿￿on Acts forthe provision of s&dal I￿efits nrt N)rnally provldèj for gSKx)ts by the fjty of Wethlrntr. Itls a req￿￿￿t ofthe Tnts thatth& School r&)vernors cAaln the prfor approval ofthe Tnk#ees befLYe monlas are drawn down. l(L Endowment & Restrfrted Fun¢Lg 2024 Pemianent Endowrn￿t Prts Furnl BH(a￿ at l January Ir￿me re￿fved Expenditure on fW awts Exwdlture on prfzes 4010fv24 6,075 4JJl499 390 3￿5,9% 371 371 3￿￿5,904 4,010,424 308,C68 6,075 4016,499 Trdnsfer from deSIg￿ated fiJ￿j i)realLzed gainl(loss) 53 130 595 217 Balance at 31 Decamter Permanert Endowment Fund Thls fuThJ ENlds the Ca￿￿1 Of￿ Chanty. Irt(￿e ts aEdknl tothe GeMal FutKt, Rastrktod Prlze Fund IrKome from Ful￿ enables the Sokd to offer the prfts: Roblnson Famty prfTr ts PE MabeJ WIlS￿re prize for human MOU￿ey-Thear pri￿ ￿ RE Rlthèrd aurt kllze ft* mus]c Arthur Jephcrtt prlze PAF prlze for w¥io to the Sth(x)t 5s Lyon5 prlze for readir Th￿lè5 mth￿de prize for haThJYfflUng Major Bruce Low prtze for e￿rthrnental Davld Jarlis ryize ts maths GAT. J¢)nes prfze for proyr Nabel Lynth Prize sckn PennlngtoTrBlckford prke for art Wthln tIK balance ofthe Prize Fund, thexe was aC¢Jm￿ted Inojne of £nil at the thrt ofthe year and Enll at the ￿ ofthe year. Pdge IS

Docu8Eqn EnvJFe ID.. DED[l48DE.74DP￿6F￿I￿2-1)z3A￿t1D5 st Clement Danes Educatlonal Foyndatlon Notqs to the flnancw •lthments For the year ¢nd¢d 31 Da¢trnber 2025 li. of f4etAds between Funts as at 31 December 2025 Freeh(￿ and Iwehold Ftc Curmt Total Unrestrlrted Funds De51gnatgJ 227,928 227,928 7,128 7028 Perni•pont Endomnent Fund Total 3 641715 4 535 290 227,929 ￿46 310￿ember 2024 UnrestTkted Funds Deslgnated S55￿73 S55￿73 Restrked Pdze Fund 6,075 6,075 Pern￿nent Endobwnert Fu Totsl 3 424 917 3 430 992 4 010424 12. Rqlnted Party There are no rektEd party In the awrert e year that * dlsdoAre under FRS 102. Pdge 16