| Executives andAdvisors | 2 |
|---|---|
| Trustees'ReportincludingStrategic Report | 3-ls |
| StatementofDirectors'Responsibilities | l6 |
| ReportoftheAuditors | t7-19 |
| Statementof financial activities | 20 |
| Balancesheet | 21 |
| StatementofCashFlows | 22 |
| Notes to thefinancialstatements | 23-33 |
| ddress these.The key risks, innopar | ticular order, currently fàcingtheorgani | sationareconsideredtobe: |
|---|---|---|
| KeyRisk | Potential lmpacton Objectives | RiskResponse |
| Operationalrisk | Pandemic (egCOVID-19), | Contingencyplans fordeliveryof |
| enforcedschool closure; computerfailure;destructionof |
educationremotely;data backup procedures and precautions; |
|
| property: fraud resultingin | disasterrecoveryplan; | |
| financialloss;dataloss; damage | recruitmentofsuitablyqualified | |
| to reputation. | staff; DBSclearancefor all | |
| students andstaff; appropriate | ||
| policiesandstafftraining;staff | ||
| wellbeingresourcesavailable; | ||
| insuranceincluding cyber | ||
| insurance,financial controls in | ||
| place;monitoringofbudgets and | ||
| financialresults. | ||
| Governanceandmanagement structureandskills insufficient tomeet the Organisation'sobjectives, financial resourcesinsufficientto meet theOrganisation'sneeds |
Lackofclearplansandpriorities; poorvalueformoney; poor servicedelivery;uncertaintyon staffandboard roles and responsibilities;lossofkey staff; competitionfromother |
Strategic plansreviewed annually; monitoringof budgets andfinancialresults;regular SteeringCommitteemeetings; clear understandingofrolesand responsibilities;robust |
| Montessori trainingcentres and | recruitmentprocess; | |
| schools | documentationofsystems and | |
| procedures;marketing plan in | ||
| place andmonitoringof | ||
| competition. | ||
| Regulatory,politicaland legal changes,compulsoryclosureof school and/orcollege,possible changestocharity's mandatory businessratesrelief,VAT changes. |
Lackofcompliancewith govemment regulationsand authorities, includingOfsted; Educational Oversight; withdrawal of collegestatus; withdrawalofhighlytrusted |
Key legalandregulatory requirements identifiedand proposed changesmonitored; membershipofumbrellabodies egME(UK),ISBA;Health& Safetyreviews;firesafety |
| sponsorstatusby theUKVI,loss | reviews;delegatedstaff | |
| ofstudentsfromEurope,riskto | responsiblefor regulatoryareas; | |
| servicedelivery,lossofstudents | monitoringofchangesto visa | |
| and/orschool children,costof | requirements and other | |
| livingcrisisand increase onfees | internationalstudentissues, | |
| relatingtoVATrequirements | introductionofUniversity | |
| sponsoredFoundationDegree, | ||
| remote learn ing plans prepared. |
| Five-year summaryf | ortheyearended | 31August2025 | ||||
|---|---|---|---|---|---|---|
| Incomeand | Account | |||||
| fthousand | 2025 | 2024 | 2023 | 2022 | 2021 | |
| IncomingResources Resources Expended |
3,835 (3,823) |
3,983 (4,087) |
4,397 (3,718) |
3,580 (3,415) |
3,385 (3,l5l) |
|
| NetIncome/(Expenditure) | 12 | (104) | 679 | 165 | 234 |
| alanceSheetExtract | |||||
|---|---|---|---|---|---|
| f, thousand | 2025 | 2024 | 2023 | 2022 | 2021 |
| FixedAssets | 8,552 | 8,565 | 8,424 | 8,432 | 7,797 |
| CurrentAssetslessLiabilities | r89 | 165 | 410 | (277) | r93 |
| Funds- | 15 | 7 | 5 | 2 | 5 |
| Funds-Unrestricted | 8,726 | 8,723 | 8,829 | 8,153 | 7,985 |
| umbers ofstudents andchildren | |||||
|---|---|---|---|---|---|
| No | 2025 | 2024 | 2023 | 2022 | 2021 |
| Students3-6Course | 75 | 47 | 79 | 94 | 96 |
| Students0-3Course | t7 | t7 | l5 | l9 | 31 |
| 2 Course | 37 | 35 | 40 | 22 | |
| Assistants/OrientationCourses | 206 | 206 | 254 | 343 | 441 |
| OtherCourses and Workshops | 238 | 427 | 661 | 476 | 772 |
| School children | 185 | 204 | 210 | 194 | 187 |
| Financi 3l |
alStateme August20 |
||||
|---|---|---|---|---|---|
| Statement ofFinancial Activities | |||||
| f,'or theyear | ended 31August2025 | ||||
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| Income andExpenditure | note | f. | f | 2025 t |
2024 f |
| Income | |||||
| Incomefrom charitable activities: Course andotherfeesreceivable |
2 | 3,589,896 | 3,58e,896 | 3.863,228 | |
| Incomefromgenerated funds: | |||||
| Donationsandlegacies | 3/I4 | 200,245 | 8,254 | 208,499 | 72,895 |
| Interest receivable | 29,421 | 29,421 | 41,048 | ||
| OtherIncome | 7,053 | 7,053 | 6,270 | ||
| TotalIncome | 3,826,616 | 8,254 | 3,834,870 | 3,983,441 | |
| Expenditure CharitableActivities |
4 | 3,823,035 | 3,823,035 | 4,087,530 | |
| TotalExpenditure | 3,823,035 | 3,823,035 | 4,087,530 | ||
| Net Income(Expenditure) | 6 | 3,582 | 8,254 | 11,835 | (104.089) |
| Balancesbrought forwardat 1September2024 |
t3 | 8,722,884 | 6,516 | 8,729,400 | 8,833,489 |
| Balancescarriedforwardat | t3 | 8,726,466 | 14,770 | 8,741,235 | 8,729,400 |
| 31August2025 |
| 2025 | 202s | 2024 | 2024 | ||
|---|---|---|---|---|---|
| note | f, | f | c | f | |
| FixedAssets | |||||
| IntangibleAssets | I | 76,442 | 68,700 | ||
| Tangibleassets | 9 | 8,475,687 | 8,495,990 | ||
| 8,552,129 | 8,564,580 | ||||
| CurrentAssets | |||||
| Debtors | IO | 525,972 | 134,131 | ||
| Cashat bank andinhand | 866,986 | 2,036,810 | |||
| t,392,958 | 2,t70,941 | ||||
| Creditors:amountsfallingduewithin | il | (1,033,072) | (1,894,594) | ||
| oneyear | |||||
| NetCurrentAssets(Liabilities) | 359,886 | 276,347 | |||
| TotalAssets LessCurrentLiabilities | 8,912,014 | 8,840,927 | |||
| Creditors:amountsfallingdueafter | |||||
| More thanoneyear | I2 | (l70,780) | (rtt,s27) | ||
| TotalNetAssets | 8,741,235 | 8,729,400 | |||
| Funds | |||||
| Restricted funds Unrestrictedfunds |
I4 | t4,770 | 6,516 | ||
| General Designated |
t4 | 7,443,526 t,282,940 |
7,439,944 1,282,940 |
||
| l4 | tiryEr | 8,729,400 |
| Total funds | Total funds | ||
|---|---|---|---|
| 2025 | 2024 | ||
| note | r. | s | |
| Cash FlowsfromOperatingactivities: | (1"114.618) | 5 t0-025 | |
| Netcashprovidedby/ (usedin) operatingactivities | 17 | (1,114,618) | 510,025 |
| CashFlowsfromInvesting activities: | |||
| Interest | 29,421 | 41,048 | |
| Purchaseof FixedAssets | 819 | (84,629) | (226,r77) |
| Net Cashprovidedby/ (usedin)investing activities | (55,207) | (185,129) | |
| Changeincashandcashequivalentsinthe year | ( 1,169,825) | 324,896 | |
| Cashandcashequivalentsat1September2024 | 2,036,810 | 1,711,9t4 | |
| Cashandcashequivalents at31August2025 | 18 | 866,986 | 2.036.810 |
| TotalFundsTotatFunds | TotalFundsTotatFunds | |
|---|---|---|
| 2025 | 2024 | |
| r. | r. | |
| SchoolFees; | ||
| GrossFees | 3,10I,963 | 3,186,285 |
| Bursaries/Discounts CovernmentGrants |
(402,331) 87,618 |
(302,80e) 107,660 |
| Other School Income | 87.926 | 34.360 |
| CourseFees: | 2,875,076 | 3,025,496 |
| GrossFees | 780,822 | qoq?ss |
| Bursaries/Discounts | 66.002) | (7t.623]' |
| 714,820 | 837,732 | |
| 3,589,8963,863,228 |
| 4Direct Charitable Expenditure | ||||
|---|---|---|---|---|
| 2025 | DirectStaffCosts Costs |
AllocationofTotalFunds Administration2025 |
||
| f | f | Costsff | ||
| Salaries andsocialsecurþ Course Salaries |
427,002 | 155,332 | 582,334 | |
| Schoolsalaries | 1,271,871 | 462,673 | t,734,544 | |
| Catering | 177,t20 | 59,332 | 53,931290,382 | |
| Teachingaids, materials and other direct expenses Examinationcosts |
16t,948 l19 |
,q{qq | 191,547 ll9 |
|
| AMIfees | 7,482 | 1,366 | 8,849 | |
| Propertycosts | 762,595 | 139,272 | 901,867 | |
| Advertising | 62,164 | 11,353 | 73,517 | |
| GovernanceCosts | 25,517 | 14,358 | 39,875 | |
| 1,196,9441.772,563 | 853,5263,823,035 |
| 2024 | ||||
|---|---|---|---|---|
| DirectStaffCosts | AllocationofTotalFunds | |||
| Costs | Administration2024 | |||
| Costs | ||||
| Salaries andsocialsecurity | ||||
| Course Salaries | 618,774 | I56,804 | 775,578 | |
| School salaries | I,407,311 | 356,627 | 1,763,938 | |
| Catering | 198,356 | 54,220 | 28,I58 | 280,734 |
| Teachingaids, materials and otherdirect çxpenses |
107,625 | 7,824 | 115,449 | |
| Examinationcosts | 5 | 5 | ||
| AMIfees | 41,493 | 3,016 | 44,509 | |
| Propertycosts | 9ll,l52 | 66,231 | 977,383 | |
| Advertising | 78,249 | 5,688 | 83,937 | |
| GovernanceCosts | 25,582 | 20,415 | 45,997 | |
| 1,362,4622,100,720 | 624,3484,087,530 |
| AdministrationCosts | |||
|---|---|---|---|
| 2025 | UnrestrictedRestrictedTotalFundsTotalFunds Funds Funds 20ZS 2024 |
||
| Salaries AccountancyandPayroll Legaland Professional Inspection and accreditation Montessori Education(UK) Limited StaffLifeAssurance Travelandsubsistence Printing,postage and stationery Telephone Sundry Archivingand study centrecosts Bankcharges Subscriptions Bad debtexpense Recruitment LicenSes Depreciation Amortisation Redundancy |
f 573,747 9,527 51,872 f 720 8,681 53,293 19,191 11,026 30,807 3,600 2l,183 5,786 1))< 9,628 t4,626 22,434 6,366 3,814 |
r, 573,747 Qa)'7 51,872 720 g,6gl 53,293 19,l9l tl,026 30,807 3,600 2l,lg3 5,786 7,225 9,628 t4,626 22,434 6,366 3,814 |
f, 363,062 9,624 59,026 25,173 756 7,176 33,17s 22,208 II,361 16,03I 2,988 19,605 4,481 8,739 7,942 I1,356 21,640 |
| 853,526 | 853,526 | 624,348 |
| et MovementsinFunds | ||
|---|---|---|
| 2025 | 2024 | |
| Thenet movementinfundsisstatedafter charging: | Ê | f |
| Auditors'remuneration: | ||
| -current year -In respectofotherservices Depreciation-tangiblefixedassets Amortisation-intangible fixedassets Loss/(Surplus)on Disposalof FixedAssets |
25,517 90,7t4 6,366 |
25,582 6,646 85,501 |
| OperatingLeases | 37s,320 | 375,320 |
| 2025 | 2024 | |
|---|---|---|
| Staffcostsduringthe year wereasfollows | f, | f, |
| Wagesandsalaries Socialsecuritycosts RedundancyCosts PensionCosts |
I,885,23I 214,145 3,914 5t.437 2,t54,627 |
)o))')<t 207,084 8,106 53.291 ,,::!:: |
| henumb ere: |
e | rofemployees whosebenefìtswere over | f,60,000 duringtheyear(excludingemploye | r pension |
|---|---|---|---|---|
| 2025 | 2024 | |||
| number | number | |||
| f80,000 | - | 90,000 | I | 0 |
| f70,000 | - | 80,000 | 2 | 2 |
| f60,000 | - | 70,000 | 0 | 2 |
| 8 lntangibleAssets |
|
|---|---|
| IT | |
| Development | |
| f, | |
| Cost | |
| AtISeptember2024 | 133,940 |
| Additionsin theYear | 14,108 |
| Disposalsin the Year | (65,240) |
| At31August2025 | ::':,,'91 |
| Amortisation | |
| At ISeptember 2024 Disposalsinthe Year |
65,240 (6s,240) |
| Chargeforthe Year | 6,366 |
| At31August2025 | 6,366 |
| Net Book Value | |
| At31August2025 | 76,442 |
| At3lAugust2024 | 68,700 |
| Office | |||||
|---|---|---|---|---|---|
| and | |||||
| Freehold | Building | Kitchen | Compute | ||
| Landand Buildings |
Improve ments |
Equipme nt |
r &IT |
Total | |
| f, | f, | f, | c | f, | |
| Cost | |||||
| AtlSeptember2024 | 6,603,789 | 2,246,691 | 146,650 | 52,686 | 9,049,816 |
| Additions | 59,685 | 10,836 | 70,520 | ||
| Disposals | |||||
| At3lAugust2025 | 6.603.789 | 2.306.376 | 157-486 | s2.686 | 9.120.?i6 |
| Depreciation | |||||
| AtISeptember 2024 | 405,667 | 108,71I | 39,559 | 553,936 | |
| Chargeforthe year | 68,279 | 16,977 | 5,457 | 90,714 | |
| OnDisposals | |||||
| At3lAugust2025 | 473,946 | 125,688 | 45,016 | 644.650 | |
| NetBook Value | |||||
| At3lAugust2025 | 6.603.789 | 1.832.429 | 3t.797 | 7.671 | 8.475-687 |
| At3lAugust2024 | 6.603.789 | t.841.024 | 37.939 | 13.t27 | 8.495.880 |
| 10Debtors | ||
|---|---|---|
| 2025 | 2024 | |
| f | f | |
| Trade Debtors | 137,291 | 62,399 |
| Provision forbadanddoubtfuldebts | (1e,691) | (34,t66) |
| Prepayments and accrued income | 133,t49 | 71,421 |
| Otherdebtors | )1<))7, | 34,47'7 |
| 525,972 | 134,131 |
| 11Creditors:amountsfallingduewithinoney | ear | |
|---|---|---|
| 2025 | 2024 | |
| f | f | |
| Tradecreditors | 130,051 | 98,251 |
| Social securityand othertaxes | 44,519 | 48,358 |
| Accruals | 85,360 | 131,233 |
| Deferredincome | 626,966 | t,444,281 |
| School deposits | 13 I,900 | 141,125 |
| Othercreditors | 14,276 | 31,346 |
| 1,033,072 | l,s%,5% |
| Deferredincome relatestocourse fees andschoolfeesreceived | inrespectofthefollowingyear |
|---|---|
| Balanceat1September 2024 | 1,474,381 |
| Feesreceived inadvance | 626,966 |
| Releasedtostatementof financial activities | (1,474,381) |
| Balance at3IAugust2025 | 626,966 |
| 12Creditors:amountsfallingdueaftermoret | hanoneyear | |
|---|---|---|
| 2025 | 2024 | |
| f. | f, | |
| LeaselncentiveProvision | 69,704 | 81,427 |
| DeferredIncome | 101,076 | 30,100 |
| 170,780 | 111,527 |
| Restricted | Designated | General | |||
|---|---|---|---|---|---|
| Funds | Funds | FundsTotalFunds | |||
| f | f. | c | f | ||
| Fundbalancesasat3lAugust2025 | |||||
| asrepresented by: Tangibleandintangible fixedassets |
7,950,839 | 601,290 | 8,552,129 | ||
| Net Currentassets/(liabilities) | t4,770 | 345,116 | 359,886 | ||
| Creditorsfallingdueaftermorethan | (170,780) | (l70,780) | |||
| oneyear | |||||
| TotalNetAssets | 14,770 | 7,950,839 | 775,6268,741,235 |
| Restricted | Designated | General | ||
|---|---|---|---|---|
| Funds | Funds | Funds | TotalFunds | |
| Fundbalancesasat3lAugust2024 | f, | c | f | f, |
| asrepresented by: | ||||
| Tangibleandintangible fixedassets Net Currentassets/(liabilities) Creditorsfallingdueafter more than |
6,516 | 7,867,924 | 696,656 269,83t (111,527) |
8,564,580 276,347 (111,s27) |
| oneyear | ||||
| Total NetAssets | 6,516 | 7,967,924 | 954,960 | 8,729,400 |
| 14Funds | ||||||
|---|---|---|---|---|---|---|
| Balance | ||||||
| Bifwd | IncomeExpenditure | Transfers | ||||
| f | f, | f | f | Total f, |
||
| UnrestrictedFunds | ||||||
| General Designated-assets Designated-Bursaries |
7,439,944 1,263,584 500 |
3,826,6t6 | (3,823,035) | 7,443,526 1,263,584 500 |
||
| Designated-Other | 18,856 | I8,856 | ||||
| 8,722,884 | 3,826,616 | (3,823,035) | 8,726,466 | |||
| Restricted Funds | ||||||
| HelpTheChildrenProject Born InsideProject Bursaries Adolescent Project PDevelopment DonationsCofH |
2,203 2,312 2,001 |
3,003 3,326 75 1,025 825 |
5,206 5,638 2,001 75 1,025 825 |
|||
| 6,516 | 8,254 |
14,770 | ||||
| 8 729,399 | 3,834,870 | (3,823,035) | I, | 741,235 |
| At3lAugust2025fhecharityhadtotal commitmentsunde | r non-cancellableoperatingleasesasset | outbelow:- |
|---|---|---|
| 2025 | 2024 | |
| Landand | Landand | |
| Buildings Êf |
Buildings | |
| OperatingLeaseswhichexpire: | ||
| WithinIYear | 324,320 | 351,725 |
| Within2-5years | 425,625 | 609,013 |
| >5Years | 45,500 | 91,000 |
| 795,445 | 1,051,738 |
| 17Reconciliationofcashflowsfromoperatingactivitie | s | |
|---|---|---|
| 2025 | 2024 | |
| f | f | |
| Netincome(expenditure) forthereportingperiod | I 1,835 | (104,08e) |
| Adjustmentsfor: Depreciationandamortisationcharges |
97,080 | 85,501 |
| ProceedsfromdisposalofFixedAssets | ||
| Dividends,interest and rentsfrominvestments | (2e,42t) | (41,048) |
| (Increase)/decrease in debtors | (3e1,841) | 51,023 |
| Increase(decrease) in creditors | (802,270) | 518,638 |
| Netcashprovidedby(usedin), operatingactivities | (l,r14,618) | 510,02s |
| 2025 | 2024 | |
|---|---|---|
| Cashinhand Noticedepositslessthan100 days |
f 205,212 661,774 |
t 212,096 1,824,714 |
| TotalCashandcashequivalents | 866,996 | 2,036,910 |