REGISTERED CHARrry NUMBER: 312693
ort
the Trustees and
Unaudited Financiol Statements
or the Year Ended 31 March 2024
Adde
a stanho
e School
- Governors. Fund
Mortln Morrison & Co Ltd
Unit 43 The Coath House
66-70 Road
Bexley
DA5 ILU

Adde
Stanho
e School
- Governors. Fund
Contents of the Financial Statements
or the Year Ended 31 March 2024
Report of the Tntstees
IndEpendBnt Exominer's Report
Stotemefit of FinthclrÉl Adivities
Balance Sheet
Not¢S to the Flnoncial Statem¢nt$
Detalled Statement of Financlal Activlties
9-10

Adde
a Stanho
e Scheol
- Governors, Fund
Re
ort of the Trustees
or the Yedr
nded 32 March 2024
The Trustees bein9 the Governors of Addey and Stanhope School hereby present their amuol report and fintsncial statements of
the Charity for the yeor ended 31st Morch 2023. The truste¢s have adopted the provisions of the St¢)tement of Recommend¢d
Proctice {SORP)'A¢c¢untin9 and keporting by Chorities, opplicoble In the UK and knpublic of Irelahd (FRS 102) ¢ff¢ctive l Jon(vJry
2015.
REFEfft￿ AND ADMJNzmAfivE DEfAILS
R¢9lstered Chority fiunkn: 312693
Prlncipal address
472 New Cross Rood
New Cross
London
SE14 6TJ
Mr M Philips
Dr P Trynkn
Mrs J Shapiro
Ms. K Toylor
Ms P 8illlTrJs
Mr J Pollord
Ms R Coker-Adtl¢ke
Ms C Noel
Mrs Z Florian
L Chalr
Head teocher
LI
Mrs B Roberts
Mr E Atuoh
Ms g Smith
Mr R S¢fo-Atakora
Ms C Lehur
Mr B Charlerton
Ms C Chukwunyere
Ms T Yawa
Ms N P¢terkin {resigned 2510312024)
Mr P Rowbothom
[P- Parent 6ov¢rnor,' L- Local Authority Appointed 6overnar.' F- Ftsundotion 6ov¢rnor.' S - Staff $overnor.' C- Co-opted
6overnor.' A - Assoc￿¢ hlemb¢rJ
Mortin Morrison a Co Ltd
Chartered Certif led Accowrtonts
Unit 43 Th¢ Qo¢h House
66-70 Bournt Rood
Bexley
DA5 ILU
Po9e I

Adde
& stanho
e School
6overnors' Fund
the Trustees
eor Ended 31 March 2024
or
6overniw document
The charity is controlled by its 9ovemin9 docLffjemt. o deed of trust. and conslitutes unincoryorated charity.
The Chqrity derives from a scheme established in 1893 when the John Addey Sthool and Dean 5t(mhope Sclwol joined to form
the present school.
srRLicfvAE. 60vERNAN￿ AND MANA6EIaE￿r
R¢uiMtm¢nt and appointment of new trusttes
The Trustees term of office is four years. The Foundotion Governors are nomintttedlre-elected from within the present
f¢thdation Group and must txceed all other Governors by at le4tst two. Parent Governors are elected by porents of students
attendin9 the School. Staff Governors are elected by the present staff of the School. LEA Governors are nominated by the Local
Authority.
Orgonlwklon xtrncture
The Trvstees, who are also the Sovernors. carry o(rt the administratNe duties of the charity without ary stoff.
rlisk mtvwefflent
The trustees hove d duty to idtntify and review the risk% to which the charity is ￿PoSed ond to ensure appropriate controls
in place to provide reasonable ossuronce a9ain£t fraud and error.
Obj¢ctlv¢s ahd aims
The prindpal objectives ore:
Guardianship of the $ehool property (tsll title deeds held by the Official Custodian of Charitiu +Jn behalf of the Truste¢s
of the school)..
The supervision ithd control of the refurbishment ond improvements to the school buildings.
The advoncement of £ducatio
On his death, John Addey willed £200 "tow¢]rds the relief of the poor of Deptford to l&tt forever" In dischoryin9 this
requirement. the trustees donate £￿) each year to the Depfford Pension Society.
Publlc b¢nofit
The Chority acknowled9es its reqLtlr£ments to d¢monstrate it Compli￿ wlth the duty thoritits Commisslon in Section 17(5) of the
Chorities Act 2011, and Co￿¥1der the 9eneral guidance on public benef It,'Charities and Public Benef Its. Details of how the Chority
hos orhleved this is provided in this trustees, report. The t￿￿te£S cohfirm that they hove 9iven due re9ard to the awrity
Commission 9uidancE on public benefit before de¢idiw what activlties the tharity shguld undgrtuke.
A¢srns pollcy
The tnslees regularly review the level of ruerves the Charity must mointain. They consider the current levels are broadly
occeptable in the li9ht of the objects of maintainin9 the school property.
FINANCIAL REVIEW
The results for the year are stated on po9e 4 of the Statement of Financial Activities. The asset$ ond liabilities are disclosed
on pa9e 5 of Balance Sheet. The statements Should be retid in coniunction with the not￿ to the Finoncial Statements on po9es 6
to8.
Investment pollcy (md pwfornw
Invest funds in stock dnd share ore heid though dn investment Coryohy. As at the year end. the market value of Invest￿ was
£269.915 (2023.. £257,5731
N BEHALF OF THE BOARD:
ruste
Mr J.F.J. Pollard
Page 2

Inde
endent Examiner's Re
Adde
& Stonho
e School
- Governors. Fund
ort on the accounts to the Trustees of
I report on the accounts of the Trust for the Year Ended 31 Marth 2024. which are set on pages 4 10 9.
Aespectl%* responsibllities of ITVStees and examln
The charity's trustees are responsible for the prepordtion of the accounts in accordance with the Charities Act 2011 rthe
Act").
The cht]rity'S trustees conslder thot an oudit is not required for this yedr under section 144 of the Act and th(rt an independent
examination is needed.
It is my responsibility to..
examine the accounts under section 145 of the Act.
to follow the opplicable Directions given by tht Chdrities Commiuion under section 145(5)(b) of the Act. and
to state whether particulor matters hove come to my attention
8asls of IndependEnt Exomlner's statement
My examination wag carriEd out in accordance with th£ generol Direction$ 9iv¢n by th£ Charity Commission. An examimtjtion
Indudes a review of the accounting records kept by the chdtbity ond a comporison of th¢ o¢¢punts presented with those records.
It olso includes consideration of apry unu$L￿1 items or disclosures in the accounts and seeking explanations from you as truste
concernrn9 ony such motters. The proGedureS undertaken do not provlde oll the evidence that would be required in on oudit Imd
Consequentty nv opinion is giv¢n as to whether ihe accounts present a'true and falr VIEW and the rEPOrt is limited to those
motters set out in the statement below.
examlner's statenwrt
In connertion with my Lxamindticn, no materlol m(ffters ha￿ come ta my att¢ntlon which glv¢s ME reasonable cousg to b£lieve
that in ary material r¢spect:
the accountln9 records were not kept in occord1￿ce with section 130 of the Act.,
The accounts did not accord with the acGOLrntlry records.. or
the accounts did not comply with applicoble requirgments concerFwng th£ form ond content of accounts set out in th¢
chariti￿ R¢gulati¢n 2008 other than ary requiremEnt that the (￿o￿*t5 givc 'true and foirf view which is not o matter
consid4ered os part of an indep¢ndent exominotio
I have no concer*is and hove come across no other motters in connection with the examination to which attention should be
drawm in this report in order to enable o proper under$tondiThJ of the accounts to be re¢¢hod.
Mr Yaw Kusi (FCCA)
Mtwtin Morrlson a Co Ltd
Chartered Certifled Accountants
Unit 43 The Coach House
66-70 Bourne Rt)ad
Bexley
tsA5 ILU
Page 3

Adde
a stanho
e School
Governors, Ftih
Stote
ento
inan ial Activities
includin
or the Year Ended 31 Morch 2024
sum
inco
eaex
enditure o
counts
31.03.24
Unrnstrictd kestrlcted f￿d$ Total fthdx
31.03.23
Totdl fLm&
Notes
Donations
Investments income
rKorniw r¢sourcu from charttoble actlvltles:
Other charitoble income (cow'tol grant)
Interest received
8.574
8.574
9.388
15.182
15.182
1.492
44,970
280
TOTAL INCOME
10.106
15,182
25.288
541>78
Charifrthle rtctl¥itiu:
onotions
Choritable expenditure
(35. 105)
(73.465)
(35.105)
(88.n6)
(4.982)
(108.509)
(15.261)
TOTAL expeNtsrnIRE
(106.570)
(15.261)
(123.831)
(113,491)
NEf INCOME/(EXPENDITL
(98.464)
(98.543)
(58,811)
Net 9ains/(losses) on investmthts
12.342
12.342
(49,780)
Net movement of
(86. 121)
(BO.2￿)
(108.593)
(1.602)
14.131,822
560,210
14,692,032
14.8(Y),625
TOTAL FVNDS CARRIED F¢JRWARD
14.017.303
558.529
14.605.632
14.692.032
Pa9e 4

Adde
& stanho
e School
- Governors, Fund
Idnce Sh
31 March 2024
31.03.24
Total fun&
31.03.23
Totd funds
Unrostricte
d fun&
Restrlcted
fvnds
Notes
FIXED ASSErs
Twwjlble assets
13.688.CXKI
558.529
14.246.529
14.332.990
r>tbtors
365
269.915
91.273
365
269.915
91.273
30.025
257573
73,694
thsh ifi hond
361.M3
361.553
361292
CREDIfoRS
Amoth falllry due wlthln •ne y
Other credltors
(2.2JO)
(2.250)
(2,250)
359.303
359.303
359.042
TOTAL ASSEfs LESS CURRENT LIABZLrrIES
14.047.303
558.529
14.605.832
14,692,032
14.047.303
558.529
14.605.832
14.692.032
FUNDS:
J58.529
14.047,303
573.790
14,118.242
TOTAL FUNDS
14.6(XJ.832
14.692.032
The finonclol statements were approved by the Board of Trustets on
were signed on its behalf by:
r MPhilrp
.Truttee
Mr J.F,J. Pgllard 1?2024
Page 5

Adde
& Stanho
e school
- 6overnors' Fund
Notes t the
orthey
It￿nCIal Statement
l March 2024
Basis of accounti
These accounts hove been prepared under the historical cost (except that investments ore shown at morket vdue)
comiention with it£ms reco9nised at cost or tronsaction value twdetss otherwise strated in the relevrmt note(s) to these
accouptts.
The accounts have been preporgd in accordance with..
the statement of Recommended Practice: Accountiry and Reporting by Chorities yeparlNJ their accounts in
accord(Mce with the Fimoncial Reportrn9 Standard applicable in th£ UK and Republic of Irgland (FRS 102) issued
on 16 July 2014
and with the thorrties Act 2011.
Chorye In qcc•untlry estlmates
Th£re has b£tn no change in accounting estimrte.
Aloterial ylor year 4rr•rs
There has been ho materitsl Frior year error has been idetttified in the r¢portipwJ period.
F4md acco￿t
Unrestricted funds can b¢ Llsed In aC￿rdI]nCe with the choritable objectives at the dlscretion of th¢ trustees.
A¢stricted funds can onty be Used for restricted purposes Within the objects of the charity. Restrictions orl$e when
sp£cified by the donor or when lunds are roised for r￿trICted purpos¢s.
Devolved formults capital
This Is fundin9 Irom Department of Education ond is allocated eoch year to seconcknry schools for priority work The
grnnts may be used for improvements to buildiws (thd other focilities, includiThJ Icr, or Copitol repairs/ref urbishment in
accordonce with priorities set by the school. The capital 9rimts are poid in two 1P￿talmentS, in Moy (40 pv cent) and Juty
(60 per cent). The formula for ollocation includes an amount per school plus an omount per pupil. As a Voluntary Aided (VA)
schools thesE 9ov£rning botys is required to moke o IO% contribution of each funding ollocation.
Fundin9 is allocated by local authority to improve the condition of the School. Priorities for investment in school buildirgs
and faciliti¢s ore decided localty. The resources ovoilable are allocated to local authority areas on the bosis of 'relotive
eed" A$ VA school copital pwent$ irt poid on receipt of claims and invoicets for work corried out.
All incomin9 resources are included on the Statement of FinonGioI A¢tlvltles when the charlty 1$ legally entitled to t
income and the amount con be quontif i£d with reasonable occuracy.
Investment income
This is included in the accounts on receivable basis and includes dividends and interest receivable but excludes realised
and unreolised investment 90ins tmd Ioss8S.
vestment 9ain or loses
This includ£s gain or loss on Sole of imiestments and ory 9ain or loss resuItiFWJ from revaluin9 investments to market volue
at the end of the year.
Resources expthded
Expenditure is accounted for on an accruals basis and has been clossified under headiw that ¢wgre9ate all cost reldted
to the category. Where costs cannot be directly ottributed to porticulor headings, they have been dllocated to activities
on a bdsis consistent with the use of resowc¢s.
6overnonce costs are costs incurred in Ilne with meeting the chority's compliance malters.
The Tr￿SteeS assessment in respect of 90ing conwn is for a period of one year from the date of the approval of the
fimncial statements.
Taxatlon
The chority is exempt from tdx its charitable activities.
The notes form part of these f inancial statements.
Page 6

Adde
& Stonho
- GOv￿nOr$.
e School
Not
inoncial Statement
or the Year E ded 31 March 2024
T￿Ible flxed assets
All ossets costing more thon £500 are capitalised. Where tor9ible fixed ttssets have been acquired with the aid of specific
grants, they art Included in the Balance Sheet at cost ond depreciated over their expECted U￿ful economic life. The related
9rants are credited to restricted fixed assets fund the Stdtement of financial activities and ort carried forward in the
olance Shtet. tsapreciation on such ossets Is charyed to the restricted f ixed otsets fund In the Statement of financial
activities to reduce the fund over the Usef ul economic life of the related asset on a basis congistent with the schoovs
depretiotion policy. Where tdn9ible fixed ossats have be￿ ocquired with th£ unrestricted f undi, d¢prcciation 4)n suth
assets is charged to unrastricted funds.
Tofvjible fixed ttssets ore stated ot cost or voluation less depreciation. The fvwstees do not consider it costs Effective to
rry out a revaluation of its freehold properties ot this stage. r)epreciation is provided at rates calculated to wite off
the cost of f ixed assets. less their estimated residuol value, over their expected Useful Irves as follows:
Freehold property
125 year&
Building improvement
10 years
Fixtures and f itti
4 years
2. INCOME
31.03.24
31.03.23
l)onotions
Educotion fundin9 (Capital 9rant)
Investment income
Interest receivid
15.182
8.574
1.492
2J.288
44.970
9,388
280
54.678
ExpeNDrruRE ON CHAArrA8LE AcrIvrrIES
31.03.24
31.03.23
Bank chtwges
Dontttion to zducation
Domtions to r)eptford Pension Society
Other operating exptnditure
15
34.605
15
7,911
200
108.490
116,620
88.711
123,831
TrUSTEES' REM1Tr4ERATZON, 8ENEFrrs. AND EXPENSES
There wert no trustees. remunerotioh or other btnefits for the Yeor Ended 31 March 2024 Mr for the yeor ended
31 March 2023. There were no truste¢s' expenses poid durir¥J the Year Ended 31 March 2024 ond durln9 the year ended
31 March 2023.
TAN618LE FIXED ASSEfs
Fro•hold
oporty
Ouilding
Flxfvr¢s a
Total
COST
At l April 2023
Additions in year
14.994,320
105.062
29.778
15129.160
At 31 Mareh 2024
14.994.320
105.062
29.r18
15.129.160
b￿REaA￿chN
At l April 2023
Ch(ryed for the year
At 31 lknh 2024
(683,592)
(75,955)
(759,547)
(82,8CtI)
(105)6)
93.306)
(29.778)
(796.170)
(86,461)
(882,631)
(29.778
NEf BOOK VALUE
At 31 March 2024
14.234.T13
11.756
14.246.529
At 31 March 2023
14,310,728
22,262
14,33Z.990
The notes form part of these f inancial statements.
Page 7

Adde
st
- 6overnors' Fu
e School
Notes to the
r the Year
in
n¢1
nded 31
ents - continued
ch 2024
6. DEBTORS: Ala￿5 FALLING DVE wrrHIN (X4E YEAR
31.03.24
31.03.23
Other debtors
365
30,025
31.03.24
31.03.23
Listed invertments (Hirtoric costs)
231.031
217,974
Alarket value
Canyirwj (market) valu¢ at beginnin9 of year
257,573
Add: addltions to investments at cost
Less: dl$posdls ot c(rying value
Add: Net realised Investment goins in the year
Less: Net unreoiised investment goifL¥/(loss)
Corrying ¥due ot end of year
12.342
269.915
Amlyjls of in¥utinents
Investments listed on a recognised stock
exchoFwJe or held in common investmut fund$,
open ¢nd£d investment compani￿, Lmit trusts or
other collective investment schemes
Cosh held as part of the i￿£$tment portfolio
Total
253.818
16.097
269.915
8. LREf)rroRS: AAIOLff4ifs FALLING DVE wrrHIN ONE YEAR
31.03.24
31.03.23
Other creditors
. MOVEMENT IN FLfft4DS
Fund balances
OU0412023
Incomlry
Outgw
Funds
6aln5 and
(loss¢s)
Fund bolan
31/03120Z4
Education fund
560.210
15J82
(15261)
(1.602)
6emeral fund
14,131.823
IOJ06
(108,570)
1,602
12.342
14.047.303
Total Fthds
14.692,033
ZJ.288
(103.831)
12.342
14.60Y.832
10. RELATED PARTY TRANSAcfzoNS
An interest-free loan of £30,000 provided to the school was wrritten off in the year..
The notes f orm part of these f inancial statements.
Pa9e 8

dd & stonho
nors, Fund
rjetoiled Stotement of Finonciol Activities
or thÈ Year Ended 31 Morch 2024
31.03.24
31.03.23
INCOMIN6 RESOLIR
l)onotions
Interest receivt]ble
1.492
280
DivideThls quoted secur6tles
DiYidEnds
8.574
9.388
EFA DFC- educational fund Grant
15,182
Total Incomlw resourus
25.288
54.678
AESOURCES EXPENDED
Charltable act•¥rtitS
t)onation to school
Other gifts a donations
34.605
4.782
200
3J. loy
4.982
Indgpendent uamimr's fe
2.250
2.250
Support costs - rertricted:
kepoirs a mointenonce costs
Depreciotion
19,779
15,261
35,040
15.260
15.260
Sjpport costs- unrLttricted:
Depr¢ciotion - unrestricted
71.21x1
71.2(J)
71.2
71.2¢JJ
Finonco
Bcthk charge4
19
Total r¢sourc¢s Lxptndtd
113 491
Net Incthne/(expenditur¢) b¢f•r¢ galns and Ioss¢S
58,813
Llnroalised reco9n15ed galns ard lossel
Unrealised 9ains/(loss) on investments
Reolised 9ains/(loSS) on investments
(49,780)
12.342
12.342
49.780)
Net IncoMI(expenditure) after urrealised gains and losxts
(86.2C(I)
108.593
This page does not form part of the statutory f inancial statements.
Pa9e 9

Add
asta
ho
e School
Governors, Fund
Schedule o
s Receivable
or the Year Ended 31 Morch 2024
6rttnts
receivable
Contribution
from school
Totdl
EFA DPE Cupltol
15.182
NIA
15.182
NIA
15.182
Totol
This page does not form part of the Statutory f inancial statements.
Page 10