COMPANY REGISTRATION NUMBER: 00890301 CHARITY REGISTRATION NUMBER: 313688 Support and Training in Prep, Primary and Senior Schools Limited Company Limited by Guarantee Unaudited independently examined accounts 31 August 2025
Support and Training in Prep, Primary and Senior Schools Limited Company Limited by Guarantee Financial statements Year ended 31 August 2025 Page Trustee5' annu81 re( lincorporalirlg the directors. report) Independent examinerfs report to the trustees Slalemenl of financial acts'vilies lincluding income and expendilure account} Balance sheet Notes lo the financial stalemenls
Support and Training in Prep, Primary and Senior Schools Limited Company Limited by Guarantee Trustees. annual report (incorporating the directors. report) Year ended 31 August 2025 The trustees. who are also the directors for the purposes of company law, present their report and the unaudited financial stalements of the charity for the year ended 31 August 2025. The financial statements have been prepared in accordance with the accountin9 policies set out in notes to the aO{lnts and comply with the charity's governing document, the Charities Act 2011 and Companies Act 2006 and Accounting and Reporting by Charilies.. Statement of Recommended Piactice applicable to ¢harit4¢s preparing their accounts in accordance with the Financial Rewrting Standard applicable in the UK and Republic of Ireland published in October 2019. Reference and admlnlstratlvo detall$ Ragistered charity name Support and Training in Prep. Primary and Senior Schools Limited Charity registration number 313688 Company registration number 00890301 Prin¢lpal offlce and reglstered 7 L8keside offlce (er$I0e Park North8mpton NN6 OQS The trustees The tfuslees who seNed during the year and al the dale of approval were as follows.. D Kendall (Chairman) R Bames B Marshall B Mono T Wheeler G Whitaker P Baker (Resigned 23104120261 B Moir (Resigned 28104120251 l Morris (Resigned 31103120261 M Templeman (Resigned 23A)412026} President R Tovey MBE Wice presidents T Mulryne Company secretary P Jackson Independent examiner A Robinson FCA Lovewell Blake LLP Chartered accountsnls First Floor Suite 2 Hillside Business Pa Bury St Edmunds IP32 7EA
Support and Training in Prep, Primary and Senior Schools Limited Company Limited by Guarantee Trustees. annual report (incorporating the dSrectors' report) (conNnu8dJ Year ended 31 August 2025 Objectivos and activities The charity's stsled objectives per the goveming document are 'to advance education, especially as affecting pr¢mary schools by holding conferences. Meetings and compelilions at national and local level,, The principal activities of the company are lo improve standards of leaching by sharing st practice and training of staff lin¢luding the holding of training seminars for staff) working in independent preparatory and other schools. publication of subject broadsheets each term, maintenance of the Society's website and the organising of the General Knowledge Ch811enge, H8ndwriting, Poetry, and oiher evenis involving the pupils. Fees paid are minimal 8nd a only to cover ¢osts ol such training. The Trustees have considered the Charity Commissions guidance on public benefit when setting the objective5 for the year. The Trustees confimi that they have complied with the duty in section 4 of the Charities Act 2011. Mlsslon statemènt Support 8nd Training in Prep. Primary and Senior Schools Limited ISATIPSI is dedicated to providing information on best pra¢lice directly to its members, delivering the best personal development courses and commissioning research lo provsde detailert infom)alion on how teaching Can become even better. Achlevements and performance For the year ended 31 August 2025 the Charity iemained busy in its core acttvities which were well received. There were a significant number of training courses that were presented in the fom of Webinars. These proved lo be popular and attracted a large number of delegales from memb8r schools. It is anticipated that there will be a further increase in the number of Iraining courses staged in future years. Broadsheet distribution is both electronic and in magazine form, in response to demand from members. Financial review Income from all sources amounted lo £71,775 12024: £95,829) for the year. Expenditure amounted to £78,572 12024.. £96,697) giving rise to a nel delicil for the year of £6,797 12024.. Deficit of £8681. Cash balances have remained latIvelY stable at £86,160 12024.. £90,195). Total funds carried forward lor the year amounled lo £81,808 12024.. £88.6051. The principal funding sources are members. subscriptions. conference and course income and challengelcompelilion income, all of which decreased in Ihe current year. Reserves policy and going concern All funds held by the organisation are free from restricb'on and are available for Truste85 to apply to the chaiitable purposes of Ihe organisalion. It is the Trustees. aTm to maintain reserves at a reasonable level to ensure the long-leTTn financial security of Ihe organisalion, which is believed lo be in the region of three months expenditure. Based on the perfomiance of the year this would equale to £19,643 12024.. £24.174}. The reserves at the year end of £81,808 {2024.. £88.6051 are in excess of this. The Board of TTusle8s have considered the health of the balance sheet and the budget for the forthcoming period in reaching the conclusion that il is appropriate lo prepare the accounts on Ihe going concern basis.
Support and Training in Prep, Primary and Senior Schools Limited Company Limited by Guarantee Trustees. annual report (incorporating the directors. report) (conNnu8d) Year ended 31 August 2025 Financial revièw (coftdnu•d) Plans for th• futurg The Charitys aims for the future are lo increase membership arld to improve the resources available lo members as well as improving the access and availability of resources lo members. Structure. governan¢o and management GornIng do¢um•nt Support and Training in Prep, Primary and Senior Schools Liffliled, known locally and throughout these accounts as SATIPS, is controlled by its governing document, a deed of trust, its Me)landU and ACleS of Associatson. and constitutes a limited company, limited by guarantee and as such has no share capiial, as defined by the Companies Act 2006. The company was incorporated on 24 October 1966 under the company reoislration number 00890301. Council of m8mbèrs The govemin9 body of the company is the Council of Members, who a also its directors and Charity Trustees. Appointment and m0¥al of direclors is govemed by the Articles of Association and the Companies Act 2006. The charity is managed by the following officers.. General Secretary Dire¢tor ol Finance Dire¢tor ol Education Dirèctor of Communications The full Council meet formally 3 limes per year and have informal discussions throughout the year. Recrubtrnent and appointment ¢f Tru$te¢$ Trustee candidates are selected by the current board of Trustees with the aim lo enhan the skills and experience of the tK)ard as a whole. Potential Tfuslees are Ihen interviewed by the Chairman and invit8d to attend a tL)ard meeting to assess whether the individual is the correct Yil, for the charity. Trustee Induction and training Following their invitation to join tho board, Tnjstees have meetings with the directors lo induct and train them into the business activilies of Ihe Charity. Once appointed, Trustees are provi¢Jed with all the infomation required to assisl tttem in perfomiing thèir ro¢e as a Truslee. This information covers all aspects of thè oroanisation. Rlsk management The Trustees have considered the major risks lo which the Charity is exposed. have reviewed them, an¢Y consider thal suitable systems are in place to mitigate Ihose risks. Risks that are being fa¢ed by the Charity are ihose such as Ihe writers of the Broadsheets Ilraining documentation} being volunteers therefore would cost the Charity rnore money if they were to resign. The Charity would fa the general risk of Course material being delivered to be kept up to date and therefore relevant lo the public.
Support and Training in Prep, Primary and Senior Schools Limited Company Limited by Guarantee Trustees. annual report (incorporating the directors. report) (Colllinuedj Year ended 31 August 2025 Structure? governance and management (contlnued) Ind8pondgnt oxarnlner raappolntmont A resolution to appoint A Robinson FCA of Lovewell Blake LLP as independent examiner wll be proposed al the next Annual General Meeting. Small company provisions This report has been prepared taking advantage of the small MpanIeS. exemption of section 415A of the Companies Act 2006. The twstees. annual report was approved on trustees by.. .Iband signed on behalf of the board ol D Kendall (Chairman) Trustee
Support and Training in Prep, Primary and Senior Schools Limited Company Limited by Guarantee Independent examinerfs report to the trustees of Support and Training in Prep, Primary and Senior Schools Limited Year ended 31 August 2025 I rerth to the charity Iwstees on my examination of the financial slalements of the company lor the year ended 31 August2025 which comprise Ihe statement of financial activilres (including income and expenditure account). balance sheet and Ihe related notes. Rt$pon$ibilities and basis of report As the charity trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the reqU1MentS of the Companies Act 20061'lhe 2006 Act'i. Having satisfied myself that the financial statements of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in reSct of my examination of your company's financial statements as carried out under seclion 145 of the Charities Act 2011 I'lhe 2011 Act'l. In cairying out rny examirlalion I have followed the Direclions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examlnerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection wtth the examination giving me cause lo believe that in any material speCt.. accounting records were not kept in respect of the company as required by section 386 of the 2006 Acl., or the fin8ncial ststements do not a¢cor(I with those records., or the fLnan¢ial stslements do not comply with Ihe accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'liue and fair. view which is not a matter considered as part of an independenl examination., or the financial staten*nts have not been prepared in a¢¢ord8nce wth the methods and principles of the Stalement of Recommended Practi for accounting and reporting by charitSes applicable to charities preparing their accounts in accordance with thè Financial Reporting Standard applicable in the UK and Republic of Ifeland IFRS 1021. I have no concerns and have come across no other matters in conneclion with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. A Robinson FCA Indepttndent Examiner Lovewell Blake LLP Chartered accountants First Floor Suite 2 Hillside Business Park Bury Sl Edmunds IP32 7EA
Support and Training in Prep, Primary and Senior Schools Limited Company Limited by Guarantee Statement of financial activities (including income and expenditure account) Year ended 31 August 2025 2025 Unrestricted funds Total funds 2024 Total funds Noto In¢om• and •ndowm•nts Chantable activities Investment income 69,299 2,476 69.299 2,476 92,892 2,937 Total In¢ome 71,775 71,775 95.829 Expenditure Charitable activities 78,572 78.572 96,697 Total expenditure 78,572 78,572 96,697 Net •xpenditure and net movement In fund$ 16,797} 16,797} 18681 Rg¢onciliation of funds Totsl funds brought forward Total funds carried forward 88,605 88.605 89,473 81,808 81.808 88,605 The slalement of financial adivities includes all gains and losses recogni5ed in the year. All income and expenditure derive from contsnuing activities. The notes on page5 8 to 11 form part of these financial statements.
Support and Training in Prep, Primary and Senior Schools Limited Company Limited by Guarantee Balance sheet 31 August 2025 2025 2024 Note urrent assets Cash at ballk and in hand 86.160 90.195 Creditors.. Amounts falling due within one year 10 14.352) {1,5901 Net ¢uirenl assets 81.808 88,605 Total assets less current Ilabllltles 81,808 88.605 Net assets 81,808 88.605 Funds of the Charlty Unrestricted funds 81,808 88.605 Totsl charity fund$ 12 81,808 88.605 For the year ending 31 August 2025 the charity was enlitled to exemption from audit under section 4T1 of the Companies Act 20(6 relating to small companies. Directors, resKK)nsibilrlies'. The membeTS have not required Ihe company to oblain an audit of ils financial slaternents for the year in question in accordance with section 476., The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial slalemenls. These finanual statements have been prepad in accordance with the provisions applicable to companies subject to the small companies. regime. Thes anci I statements were approved by the board of tnjstees and authorised for issug on and are signed on behalf ol the board by-. D Kendall (Chairman) Trustee Company registration number". 00890301 The notes on pages 8 to 11 fomi part of th•$e finan¢ial Statements.
Support and Training in Prep, Primary and Senior Schools Limited Company Limited by Guarantee Notes to the flnanclal statements Year ended 31 August 2025 Genèral infom)ation The chamty is a publlc beneflt entity and a prtvaie company Ilmiied tyy guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the re9lStered office is 7 Lakeside, Overslone Park, Northampton, NN6 OQS. Statement of compllan The char¢ty constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounling and Reporting by Charities.. Statement of Recommended Practice applicable lo charits.es preparing their accounts in a¢cordanGe with the Financial Reports'ng Standard applicable in the UK and Republic of Ireland issued in October 2019. the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 1021. the Charities Act 2011, the Cofflpanies Act 2006 and UK Generally Accepted Accounting Practice. Accountlng poll¢les Basis of pmparation The financial statements have been prepared on the historical cost basis. Golng concem The accounts have been prepared on the gcxng con¢em basis and the Trustees believe that no material un¢ertainlies exist. The Trustees have wnSided the level of funds held and the expected income and expenditu for the next 12 nnthS from aulh0ri5ing these financial statements. The budgeted income and exponditure is sutticienl with tho level of reserves for the charity to be able lo continue as a going concern. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgemenls. eslimales and assumplions that affect the amounls reported. These estimates and judgements a continually reviewed and are based on eXperieTr and other factors. including expectations ol future events that are believed to be reasonable under the circumslances. The Twstees have considered that there are no critical accounting estimates critical a8$ of judgement lo disclose within these financial statements. Income tax As a registered charitable company, the acliwties are exempl from United Kingdom Income and Coworation taxation, provided that the incon* is applièd to ch8rit8ble purposes. Fund ac¢ountln9 Unrestricted funds are available for use at the (Jiscretion of the Ifustees to further any of the charilys Pufposes.
Support and Training in Prep, Primary and Senior Schools Limited Company Limited by Guarantee Notes to the financial statements (conllnts Year ended 31 August 2025 Accounting policies (condnu6dJ Income All income is accounted for when the charity has entillemenl lo the funds, receipt is deemed 'ptsable, and the amount Is m&8SUfable. Income from charitable activities includes income recognised as events or services are provided. Investment income bs recognised on a receivaNe basis. Expandituro Expenditure is recognised on an accruals basis as a liability is incurred. Expenditu includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Charitsble expen¢Jilure comprises those costs in¢urred by Ihe charity in the delivery of its activities and services lor its beneficiaries. It in¢lud65 ix)th costs that ¢an be 811o¢atetl directly to such activities and those costs of an indirect nature necessary to support them. All costs are allocated beeen expenditure categories ol the Statement of Financial Activities on a basis designed to reflecl Ihe use of resources. FlTrancial instruments A financial asset or a financial liability is recognised only when the entity becomes a paty to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement conslitules a financing transaction, where it is recognised at the present value of the future payments discounted at a maiket rate of interest for a similar debt in51rumenl. Current assets arHJ current liabilities are subsequerrtly measured al the cash or other consideration expected lo be paid or received and not discounted. Debt inslruTh*nts a subsequently measured 818mtytised cost. Llmited by guarantee The charity is a company limited by guarantee. None of the Trustees have a beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the ent of a winding up. Charitable activities Unrestricted Total Funds Unrestricted Totsl Funds Funds 2025 Funds 2024 Members. subscriptions Conference and courses incorne Challenge and coffipetits.on income 52,853 7,007 9.439 52,853 7,007 9,439 62,246 12,637 18,009 62,246 12,637 18,009 69.299 69,299 92,892 92.892
Support and Training in Prep, Primary and Senior Schools Lirnited Company Limited by Guarantee Notes to the flnanclal statements {condnu8dJ Year ended 31 August 2025 Inv•$tmènt ineom• Unrestrfcted Total Fund5 Unreslrfcied Totsi Funds Funds 2025 Funds 2024 Bank interest 2,476 2,476 2,937 2,937 Expenditure on ¢harltsbl• a¢¢lvitiè$ Unreslricled Totsl Funds Unrestricted Total Funds Funds 2025 Funds 2024 Publications Conferences and courses Challenge and cofftpelilion expenses Council and education expenses Employers, and public liability insuran¢e Telephone and postage Independent examination fees Website and email costs Course director Honoraria Administration costs 39,007 5,114 2,453 1,029 368 32S 1,770 564 1,650 17,317 8,975 78.572 39,007 5,114 2,453 1,029 368 325 1,770 48,488 8,309 3,421 204 358 428 1,446 659 1,400 24,505 7,479 48,488 8.309 3,421 204 358 428 1,446 659 1,400 24,505 7,479 1,650 17,317 8,975 78,572 96,697 96.697 Staff costs The average number of employees during the year was Nil {2024'. Nil}. No employee received employee benefits of more than £60,000 during the year12024.' no employee). Trustee remuneration and expense$ B Marshall received remuneration froTn the charity for administration services lotalling £1.650 12024.. £1,400). This is outside the scope of B Marshall's w)511ion as Trustee. Two 12024.. two) of the Trustees received reimbursed expenses in the year totalling £1.228 12024.. £911 in respect of travel, subsistence and course fees. 10. Creditors: Amounts falling due within one year 2025 2024 Accruals and deferred inwme 4.352 1,590 10-
Support and Training in Prep, Primary and Senior Schools Limited Company Limited by Guarantee Notes to the financial statements (conllnued) Year ended 31 August 2025 11. Deferred incom• 2025 2024 At 1 September 2024 Amount released to income Amount deferred in year At 31 August 2025 300 13001 300 300 Deferred income relates lo conditional charitsble activities income received in advance. 12. Analysi$ of ¢harltsble funds Balance at 1 September 2024 Balance at 31 August 2025 Income Expendlture Transfers Unrostrl¢ted funfl$ General fund5 88,605 71.775 (78.572} 81.808 Balance at 1 Sgptember 2023 Balan¢e at 31 August 2024 Income Expenditure Tfan$fers Unrestricted funds General funds 89,473 95,829 (96.697) 88.605 13. Analysis of net 458ets between funds As at 31 August 2025 Unrestricted Total Funds Funds 2025 Current assols 81.808 81,808 Net assets 81,808 81,808 As at 31 August 2024 Unrestricted Total Funds Funds 2024 CurTenl assets 88,605 88,605 Net assets 88.605 88.605 14. Related parties There were no related paty transactions, other than Ihose disclosed elsewhere in these accounts, during either this or the previous year. 11