THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTf OF SURREY LEGALAND ADMINISTRATIVE INFORMATION Trustees Mrs P Cla J Bond J Cuisrmer 8 Davis P Cdh's Chartty numbef Audrtor 8axter & Co Lynwood House Crofton Road Orpngton Kent 8R6 8QE
Charity wistration Thumb 32W3 THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY CONTENTS Trustees, rewrt Siatemerrt of trtee. responwbleS Indeperxnt au(5tofs rei Statement of ffinanaal 8th¥es 10 BalaThc• stot 11 Statwnent of cash flov 12 Notes to the finanaal statements 13-22
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The trustees wesent their annual re[rt and finala1 ststements for the yew ended 31 AugBt 24. The finanttal stalements have teen prepaicd in accordan the accounts'ng policies set out in not8 1 to th• finanual slatements and eomF Nmth the ehanty's gcNéming tkncumen( Ihe charit.es Ac 2011 and "Accounting and ReP)Ing Chantses. Ststement of Recommended Practr'ce aeate to chants'es Fxepanng their accounts In acwrdance wth the Finanad RewtirKJ Standard aprlicatle in the UK and Re1C d Iieland {FRS 102)" effectsve 1 January X)19). 014e¢tlves and xtlvltlès The Chantst4e Trus¥s ofyectNes afe to womoie and Pfovith for the advancement of educakn.on of clH"Idren and young persons of eithef, Oi toth sexe& is achthied ty oFeratin9 Oakhytst Gran9e School lo deliver fom)al full- ljme and well.rounded education. Pubk beneffl The ITUStees have paid fjje regard to gudjnce issued ty the Charty c(mi10n in decithng vthat athvth'es the chanty should undertake. Pupils at the School are atAe lo access 8 broatbased ¢uniculum SUPkX)rted ty a fange of sFoning, ¢amats"c, artb.C and muwcal aclvrties vthich enatles them to mwmise Ihwr learning p)tential. The Sthool Wovbths a 23r24-hour week b"meiable ol dasse5. Classes are hmrt¢d to Xi wpls to enat4e Puky'ls to have the attention of a teacher in lessons whlst erAtAing pur to Impr(Y4e thw"r wrnmurycal•on. &Youp woth and learn fTOm Interathons bmth Iheir dassrnates The SthoDI promdes educ8bon to lh• Earfy Ye•r4 Foundat1 Stso• (Ltrdwr 1QndÈr1tsn and lQndergartenl, Key Stage 1 and Key Stage 2 pupxls Upon enty Into Lower ndergarteTr puyls are atAe to learn from a combnation of struthred play and Intelon thin small S¥OUF6 In addtson to struttured Flay Irole rAay, rtftg aThJ str(ng etc). JIS are Introduced lo swimrning, mu&c and mement lessorrs and lo the iurnor Iitrnry. as V11 a5 a range of art media, such as 3ts11 life drawng and puppet maknng. Dunng Lower ndergarten and ndergarten. puF¥ls are atAe to devdop their confiden¢e, goual Interactsons and gain tl thlls néeded to wogress to Key Stage 1. At Kty Stage 1. year 1 W$. rea(hng and sklls are d8veloped Ihe reath'ng scheme and eldY speltsng tests. Music and computs.ng lessons are also introth(£d and. in year 2. wpls are taught French as se(y)nd languag•. In Key Stage 2. the Sthool focuses on prooressino Nxls, iThYepndent learr#ng to enaile them to become wdl- rounded and fvlfilled Inthviduals ready for senior school at the end of year six. Pu.18 are offered the opportunity lo become monrtor5 and prefects to help suppNt tha"[ peers. aidng the development of soual and communication 6kJll$. From year 3. wtils are at4e to tsk8 Wrt in actsve Forest Sthool sessions wtfftre WF4ls are taught outdoots brf a qurf1ed Foresi scho Leader. Fofe5t Schools an Innovve outth apprOh tt) leaming wh'ch encfjurages and inspres children throu Fwtsve outdoor expenences. Foresi Schools sessors are much more than "Flay. and allthy children to gain K>osilJve expenences outdt)ors and appreuate and han¢Je nsks ty hawng small achiwae targets. Pupls revi¢w and refiect on the sewon5 to help bJild Ihwr confithnce Puy'ls vtho strug4e to Concentrate in a formal classroom settFng have been tound to paftycafy t*nefii from Ihese seworts and the vader Ixeathh of reabvty and indepeTraence provided.
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE
COUNTY OF SURREY
TRUSTEES. REPORT (CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2024
Pupils are taught to swim from •Je lour and tske part in s¥mmIng lessons througtKJut the yèar in the
School's SMming pool Year 6 purAls take part In the "Ifs A Fh Otrt Lrfe Saving Comret"tson" which Invc4ves a
variety of athvrties such as treadng water roFE Ihrowng and answenng questsor6 on ¥Ydtef safety lo imprové
onfidence in the water. Al take part In PE and games lessor£ as part of the Cufnculum and the
Schwl parb'upates C
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 Sunfft8nt actiVrts and a¢hvementS otyectNes The Trustees constder that the pthmanee ol the Chanty thts year has been sabsfactory The Trustees are constanty lookjng al WAYS to Improve and mantain plormarte ty workjng %Mth the Headmasler vthh the Sclm) Development Committee as a guide. hile the School has been hit by the recent ifflposth'on of VAT and Kxspl rwmbers are not at full capauty, the trustees have tken athons to contrc4 expenatures and guarantee the fiJfure stsblity of Ihe tharity. Staff l¢vcl$ have been maintained. and in some cases increased, in order to cortinue offenng a tffoad range of suty'ects and curriculum iThtsalNOS. The ScMol has cont.nued to develop its Sp>'n9 wofile ¥Mth opp)rtunits"es for ow pupxls to compde against other l¢xal schools, slate and independert and at Regional and Nab'ona levels. This year the School havè been ablé to run a full wogramme of dut6 and aLtrth'es also engaged in an exterwe programme CA srK)rtJng frxlufes for boys and girts In a wde variety of sp)rbng events These Incjuded nelball. hockey, svAmming, athleb¢X, CIOSS country. f¢)Otball and cncket The children in the ages Under 9 (Yeats 3 and 4) and Under 11 Iyèars S and 6) were gNen goc#J access to all ot the ale. Indeod. rt was most re•rnrthng to start to rebuild a regular fixture list lor Inthidual matche8 and tournaments at local, Re&onal and Nats" lev. There ha5 been a very lull kyogramme ol penpatetsc Ballet Modem Danex and LAMOA teaching 34 ballet dan19 took tt)eir ballet examin8tions successfully A totsl of enN)yed Modern Dae lessorts. In LAMDA w¢ had some excellent results. all children passed Iheir examinion5 Yrth merits or d'sbnthorfs In excw of 60 children took Inthvidual pnpatetsc mu&c léssons each tk thnng the academic year In the folln9 instruments.. Fiano, violin. viola, flute, file. 11, cello. tenof horn and stngng Sur.'Sed ensemLle groups ¥Te run lor Ihe folloYang- Guitar, Violin, Orcheslra and a free Chamter th(Mr. Ouring the year orchestral WlS attended an Orchestral Day ond Concert5 al Caterham and lthldngham Schools The School was atle to hdd and h(bt Fom A55emtAies, Class Concerts. Year 5 & 6 Easler and Remembrance Swvices and the Natsvrty Aay as V11 as the Harvest Festval ond Carol Servw at Sl. Marf8 Church. The summef lerrn was rounded off a very sSILl tfoducbon ol Fiozen. Flnanclal review Results for the yoar The Ino)ming Tesources fof the year eTrd&Y 31 Augitst 2024 we £1,854,895 and the oirtgoi'ng resources amounted to £1.959,531 r¢s'n9 in deficat l¢x the yeaf ol £104.636. It IS the poliw of the chanty to mwrrtain unresth¢ed fund5 * a level whth is in excess of 12 rnontrts unrestncted expenditure. This provides suffiueDt funds to m3nagemert arNJ adnMrntr4bon and supp¥xt cc UnstrICted funds amounted to £2,059.992 at the year end. Investmenl pol The Trusl Deed authori5es the trustee5 to make aKI investments Lwig the general funds of the thanty, L¥Jt rK) such investments ale presenlly held. Major rkS The trustees have assessed the major risks to V•N¢h the ¢hanty is exFxed, in kxrbtar those relaled to the opelthons and finances ol the trust and are satsfied that systems are in r48ce to mitigate exp)sure to the major risks.
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Plans for future Fwic The first phase of the tcrfl and changng room rdurtxshmenl programme * essenbamy c£)mF4ete and Tutwe devdorxnents have been put in abeyance in order to feviw the finanoal arcumstances in mofe general terms Th being said rt is hoped that gyng f¢yvrdrd Ihe school 11 eventualty be In a F)Srtbon to (Mele all three [Se5 of the [anned refurShrnent to Improve the taolffjes In the main builJno. We Ylll also coftt"n to further UfNJrade the lnfrnstre for our IT ryo¥0n in the Iwht of the more recent upgrade in broadband prowson. Th has enatled us to tske a more otyectrve vieN of the teathing of IT aut)ss thè whde curriculum. Ve aTe continling to review and UFthte our assessmenL record'ng and monrtonng FyocesS in ordw to YK)rk towaids bèst In thesé aTeas Thé profvlirrfJ ot pupl wogress and the consequent data analyws the vknole schoc4 is a major fact in curriculum develoFffient going foThRrd. CILEer links vth all ol the Senior Schools that our go on lo attend need to be enhanced Th. too. an ongtyng wo¢ess of considerable Importance. As of Seplembef 2025 the school bMlI te unthr the leadership of a new Headteacher It will t a significanl role of the new Headteacher to lorge strong and sustainat4e links on a prsonal levd Yoith all of the senior schods In the thstrict conts'nue to seek ways to offer c0mmL1ty tnefit for Ihe use of our grounth and fa(Jlth"es in consultat.on other scho¢4s and communty grF$ Gtyng forward we look to eoUrage greater use ol our wooolands and otrtd¢)or spaces for Foiest Schools bas•d athvjbes. Local coaches and Sports develowient ccrfnpanies vall conknnue to be offered ac¢ess for holiday athvities. Clow knnks V•ryth inthVal lo¢d ¥¢rtsng dubs wll be an ImFQrtant ongtyng development. As pafl ol Ihe focus on mJntsining finer81 lenCe in respons• to Imkwong taxation thanges the 8oard will b• conydenng vrdys of Iimikn'ng future costs and the schoc4 ar• develoF4ng actpie markthng strategbes In order lo maintsin wrAI numbers. Dunn9 the year the Trustees and Ihe Board rked sohur6 to implem1 Ih•'r recommendatons ID updato the Tntsl to a Chantat4e Incorpxated Orgarmsation. It peded that th'is exer¢)se be cunF4etod dunng the coming year. structury govemarKe and management The charty consbtuted ty Trust Oe•J dated 1 March 1974 under ¢haiitsfAe number Y25043 The trustees v4ho 8eNed thJnng the year and up lo the date of •gnature ol Ihe financial statwnents were.. Mrs P Clark J Bond J Cuisinier B Davis P Collis C Cke (Deceased 11 Feiyuary 2025) RKnrtmert and 8pw¥rthent ollrtAt008 The Board of Trustees is authortsed to aprIftt new trleeS to fdl vacanoes ansing through the feggnation or deaih of an esttng trustee AJI new trustees are athtsed of Ih•r respOngtAles under thanty la•V and traiNng OFpOrtune$ are made availae for rdevant Issues re48ting to Charity and emFloyment l&¥ The trustees hold mèeting5 al least once in every sch1 ierm and at suth tsmes as shall from time to tsme deode. The tiustees may convene a sperAal Me"n9 upon at le four days, nolice ba"rvJ gven to the othei tsustees. The truste delegate the day to day re¥>Ony1fy lor the tharrtatle obj'ectsves to Protonal teath'ng slaff. None of the trustees has ary benefici interest in the company. AJI of the trusteos are mernbers of the npanY and guarantee to contnbute £1 In th8 event of a wiThJng up
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY TrUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Orgwsationd Str14 The chanty 1$ 9overned ty a Irust deed executed 1 March 1974. The tneS olepaee the management of the trust The tru5tee5' reF4)rt Nvas apwoved Lry the Board of Tnth. J Cutsinier Trustee DS. &Lty
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 AUGUST 2024 The Irustees are responsitle for prepanro Ihe TnJstees' Rewrt and thè finan(3al aternents in aCcordar 1th 8pF4i¢atrAe law and United n90)rn Accountsng Stsndards (Unrted l<ingdom Generally Apted Aecounbng Practscel. The law awlicatAe to thanbes in England and Wales requres the lyte8S to prepare financaal statements for each financial year which gve a tnje and fair view ol the stste of affairs of the ¢Inty and of the tncoming resoufcts and aptAicatson of iesources of Ihe charity for thai year. In preparing these finanua aternents, the Intstees are reqred to.. - seled sUrtatrAe arUntsn9 p05 and then aF(4y them ¢owstenty', - otéerye the metlKK15 and pnnop4es in the Chantses SORP. - make ju(hJements and estimates that are reasonatle arKI ryudent". . slate whether apF4icable accountsng standards have been folltyAd. sut*d to any material deFArbJres dsdosed and exrlainéd In thè finanth81 ateMents.. and - prepare the financial ststements on the going COrn unless it is inapwr)pnale lo pre8urne that the chanty V11 conbnue In operabon. The tTUStees are responwble foi keerAng suffiuent a¢¢ounling record5 that dLsclose wth reasonat4e accufacy al any me the finanaal Ptton d the charty and enat4e them to ensure that the financia stalements COM th the Chaiitses Act 2011 Ihe Chanty (AccYJunts and Reports) Re9ationS 2Crf)8 and Ihe y¢Mgons of the trusl deed They afe also reswrtsitle lor safeguarth.ng the assets of the thanty and hence for tth'ng reaEonaL4e step5 for the pre¥enti¢)n and dete of fFaud armd other irre9antses.
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF ThE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY Opinlon We have audted the ffinanoal statements d The Oaktyrst Grange Ethxabcmal TnBt at CatertM in the County of Surrey (the 'charity'} for the year ended 31 Augu 2024 vthi¢h comrytse the statement of financi actjvits'es, the balanee sheet. the statement of cash Ilr) and notes to finanaal ststements. Indudng ggysificant accounbng poliges. The financial repo"ng framevYKk that has been applied in thr preparab.on ap(Aicat4e law and UThted lQngdom Accounting Standaids, induang Finanod Rewrbng Stsndafd 102 Finanual Repry StaThJ¥d 8pplrabl6 in lh6 UK and R6pthIK of Ireld (United Kingdom Generalty Acceptecl Accounbng PTa¢bce). In our opnion. the finanaal statements g've a true and fair of the stste cl thè ehanty's aff"rs 88 al 31 Awgust 2024 and rA 115 incoming resources and apFli10n of iesources. for the year then ended". have been woperfy prepared in a¢¢Ordan bmth Llnited InM Generally A(xepled ACcoting PTath"¢e,' and have prepared In a¢Idance bmth the reqrements of the Ch8nbesAd 2011. Basis for opinion We wndu¢ted our auth in accordance Internabal Stsndard5 on PJJthing (UK) {ISAs IUKII and aprJicat4é law. Our respOnslieS undei Ihose stsndards are further t1esrbed In A$rfOr$ responsibilities for the audrt of the finanLyal stemenes seth'on ol OUT report We are Inthrndent of the eharty in accordance vrth the ethical requirements that are relevant to our au¢Jt of me finanaal stsiements in the UK. Incauthng the FRC'S Ethical Standard. 8ftd we have fulfilled our olher ethical le8n11eS In accordance ith these fewirements We believe that au¢J't e¥idence we hw4e oiained is suffiaent and owowe to prowde a bas lor our opnion. Concluslons relating to golng concem In audtsng the finanrjal statements. hwe condwjed that the tntstett. u0• the gouw ¢oncem bays of 8ccounts.ng in the Fxep3fatson d the finalal ststements ts apFYopnate. Based on the V•Yffk have perfom)ed. VIP have idenlified any matsri uncertantse8 relabrMJ to events or conthtsons that. inith'vidualty or cdlectryely. may sGThficanl doubt on the charty's atslity to continue 88 a wng oncern for a pen¢>J cl at least We monihs ITOM V•fien the finanuai stalements are authortsed for t5. OUT respowbleS and the responsits'hties of the trustees re¥*d ts wn9 con(xrn are deSbed In th• relevanl sethorts ol this report Othw informalion The other Informatson compnse5 the informabon Included in the annual rewrt other than the financial statements and our authtrfs iep)rt thereon. The trusiees are res$tsIe for the other 1rttomab.on contwned vthin the annual rewrt OUT oyr#on on the financ#al statements tkns not cover the other Intorniats'on and we (kn n(rt expTess any form of o39uronee c¢ndu¥on thereon. OUT re3wn¥td"lty to fead the other informatson and. In drMn9 )u, WI11 whether the other infofmat.on ts matenalty Inconssteni wth the financtal ststements or our knuAeO3e otrtained In the couise of the aud"t, or othepmse appears to te matenalty misstsled. If we identsfy suth material Inconwstencie8 or apparent matenal rntateMents. we aro reqred lo detem)ine whether thrs 9ves rtse lo a material misstatement in the finanual slatements themsefves. If, based on the Wrk we hw4e rforrned, cortlude Ihat thei¢ Is a material misstaternent of this othor Intomat. are reqred to ieportthat fact We have rM)tt¥n9 to tewjrt in this regard.
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY Mattefs OTh which t•¥e are requirnd to repJrt by excepl We have nothing to rep)rt in re¥ect of the ftylt)4MrMJ matters relats to vhtsch the Chanties (Accounts and Reportsl Regulabons 2W8 rewire to report to if, in opnion the infoimatson gven in Ihe ffinan0 statements Is mntent in any material re¥d hith the tnJstée8' rewt.. or suffiaent a¢counbng records have not been kept. or the finanaal statements are not In agreement Tth the aOun.ng records". or V have not received all the information and exrAanab.O we require for our auaL ResponsIlItIeS ol trustees As exrAained more lulty In the statement of ITuee8' respOntrAIrtI'es. the tru8tees are re8ponwtAe for me preparatson of the finanual statements and for bwng sabsfied that Ihey we a true and fair view, 8nd foT guch inlernal control as the trustees tjetemine Is necessary lo enat4e the preparation of financial slatements that are free from matenal miFstalemer¢ whether due to fraud or error In preng the fmanual statemènts. the trustees are TesponwtAe for assessing the chanty's atslity to coni'nue as a wno concem. Osdosing, as alI(tle. mattets related to going concern and uyng the gng coneem bask% cl accounbng urkn the trustees erther intend lo cease opefabons. or have no reahsts'c atternatsve tMJt to do so. Audilof5 re¥nsIbIlItS for Ihe audlt of the flnancial statements We have been apprxnted as authior undei sects.on 144 cl the Charitie8 Act 2011 and report ift actordance V•ryth the Act and iel¢vant i¢gulatsons made having effecl Iheieunder. Our objeclj'ves are to otrtain roasonaNe as3UTan¢e aiy)ut vrt)ether the finawal statements as a whrje are free from material mstatement whether due to fraud or error. and lo issue an audtorfs report that indudes our opnion. Reasonat4e assurance a high level ot assurance btrt rs not 8 9Jafantee that an autht conducted in a¢cordan¢e Yath ISAS IUKI ill alvrdys delect a material MSlernent vthen it exts. Mtsstalements can afise from Iraud Of eor and are cordered material rf, inthvidualty or in the aggegate. they could reasonwbly be expe(aed to infiuence the economic decNons of usern taken on the bags of these finanaal stalements The extent to wh¢h our procedures are capatAe ol detecting ine9are3. irKIn9 fraud, is detailed below. A further deS¢nOn cl our respO1111eS is avalatle the FinarKia RerK)rtino CounrAI's trte at https.11 .tr¢.g uklauthlorsfeswnsblthes Th descntyon loms part cl our auth'torfs report other matters Your attenbon Is to the fact that the dwrty has wepareé finanoal statements in accordan bmth "Ac(xJuntsnq ond Repng ty Charthes. Statement of Recommended PraLce apFAJcatrAe to charibes Fffepanng thwr accounts In ae¢o¥danc• wilh th• Flnancial Rth9 .Starthrd •Nqie¥lA• ift th•_ UK and RowNie tsf Iroland {FRS 1021- {•% amended) in prefeieft to the Account"rrfJ and Rewrts"ng ty Charits'es". Statement of Recommended Practs"ce issued on 1 April 2005 vthith 18 referred to In the exlant rwatsons txrt has ncN• been wthdrawn. This has ten done in order for the finanaal statements to ryovxle a true and lair view in ac4xJrdance vth awrent Generally Accepted Accountsng Prxbce. Use ol our report This fewrt Is made soldy to the tharity's Iwslees. as a tW. in a¢c4xdance vth part 4 of the Chantses {Aeeounts and Reports) Regulab"+yB 2008 Our audrt vnrk has ten undertaken so that we mi1 state lo the thanty's trustccs those matters vle are required to stste to them In an au(*torfs reFrf)rt and for no other purFW To the ftjllest extent permilled by law. we do not attept or assume resPt.ty to anycme other than the charty and the charty'g trustee5 as a t. tor our audt Vr for rerrt)¢ or for the opniors we have fonned
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY Baxtef & Co 20 June 2025 Chartered Accountarrts statutofy Auditor LyTrwood House Croftm Road OrF4ngbn Kent BR6 8QE eaxter & Co N eligble for apwntrnent as auotoi ot th• chanty ty Mrtu• of lor apwntment aui*tor of comparty undèr sectson 1212 of the CompaniesAca 20(.
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST2024 UnrestrKted Unrostricted lunds fund5 2024 2023 Chantable actsvibes other trading actsvthes Investrnents Other income 1,531.413 3.355 29.144 290.983 1,383,009 3,127 15,099 260,759 1.854.895 1,1.994 Exponditure on". Chantalle actNIti8S 1.959.531 1.690.692 Total exPdire 1.959.531 1.W,692 Nel expendltur• and mo%*ment In funds (104.636) 128,6981 Recondllatlon of funds: Fund balaTh at 1 September X123 2.164.628 2.193.326 Fund balances at 31 August 2024 2.059.992 2.164,628 The stslement d finanoal actr4th.es Indudes all and loss•s recogrmwj in the year. fvjl Income and exwnthture derive from conbnuin9 ath'vibes, 10-
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY BALANCE SHEET ASAT31 AUGUST2024 224 2023 Fixed a55ets Tangt4e assets 13 1.648,648 1.466.6 Current assets Debtors Cash at t¢nk and in Pond 14 52.781 1.(K)2.468 ri,150 9%.028 1.055.249 1,013.178 Credilors: MnIS lalllng due wlthln 15 1643.90S) 1315.156) Net ¢urrent a55ets 411.344 698.fy22 Total assels less current liabllltles 2.059,932 2,164.628 The lurvJ5 of the charty Unrestricted fund8 18 2.059,992 2, 164.628 2.059.992 2, 164.628 The financial statements ¥**re apwoved try the Intstees on ....Il . o >. & i > Jcu Truste¢ Inier 11
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2024 2023 Cash flow5 trom operats.ng activilies Cash generated from operatsons 41r2.1( .875 Investing activlties Purchase of tangtrAe ftxed assets Investmenl incorne receivéd 364,8101 29.144 1148,3561 15,099 Net cash used In Investing activities (335.6661 1133.257) Nel incrse1¢deGr¢•Se) in cash and cash equlvalents {80.3821 Cash anéy cash equivalents at be9nning of year 9%,028 1,016,410 rysh and cash equivalents at end of year 1.002,468 936,28 12-
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accounting pol1¢$ Charlty 1nft)miat• The Oakhyt Grange Educathonal Trust at Catetham in the County of Surrey charrtable T. 1.1 AwA)unling convention The finanaal stsiements have been plered in accordartt Vith the charty's Igcweming (Sjcumentl. the chare$ Act 2011. FRS 102-The Finanaal Rerx)rtsng Standard apF4i¢at4e in the UK and Reputlic of Irelan(r ("FRS 102.1 and the Charitses SORP "Accountsng and Repoffjng b/ Chantres Ststem¢nt ot Recommended Pracbce applicalje to thanbes wepanng thr aco)unts In accordarKe bmth the Financial ReForb'ng Standard ale8t40 In the UK afmj Rewtlic ot Ireland (FRS 11r2I- leffecvé 1 January 20191. The chanty is a pu1¢ Benefit Enbty a5 defined FRS 102 The financial statements have departed froffl Ihe Charit (Accounts and Repts1 Regulatsons 2(Xi8 only lo the extent required to provide a true and fair view. Thts departure has Involved follovnng the Statement of Recommended Pracce for charrtses athing FRS 102 rather than Ihe verwon of the stsiement of Retymnmended Pr&"ee wtuth is refèrred to in the Regdats"cm whth has t¢eft vAthdrawn. The finanoal statements are wepared in 3terkna is the funLon (renc1 of the tharity Monetary amounts in these finartial statements are rcwnded to the nearest £. The finanual ststements have ten repared urthi Ihe ht8tcmcal <xJst cnvenb"on. Imo&fied to indude the revaluatson of freehold wowts'es and to indude investment kyopvtr'es certwn finanaal Instruments at lair val) The pnnc4pal ac¢out)bng polio•s adoF¢•Y aré set out 1.2 Going concern At ihe b.me of apprcNiTrJ the finanaal slatements, the trustees have a reasonatde exFtsbon that the charty has a(quate iesources to conttnue In operonal exY8tence for the fofeseeat4e firture. Th the tntstees contsnue to adopt Ihe going concern tegs of accourn9 In prepanng the finanual stslements. 1.3 Charitaile funds Unreslrided funds are availatrAe f<)r use at thè OscJetr)n tr trStee$ in furthernnce crf tr'r charltstlo otyeclNes 1.4 In¢ome Income is reu)gni8ed vknen the charity is legally enlided to it after Ferformance corthons have been me( the amounts can be measured reliatty, and rt probat4e that Income VAII receNed. Cash thnats.ons are recognised on rec•0 Other donabons are recwised once th¢ tharrty has been ncmied (rf the donats'on, unless performance (x)n¢Jbons reqre deferral of the amount Income tax recoverable Jn relatson to natsOn$ ieceNed undef Grfi 'd of deed5 of Covenant is recogntse<l at the tsme of the don*'on. Legacies are fecwised on recpt or olheph•8e if the charty has kxen nobfied d an impenthrrfJ d1stn.tm.0Th, the amount Is known. and recpt exFected. If the amount is not known, the legw is trealed cont"ngent assel
THE OAKHYRST GRANGE EDUCATIONAL TrUST AT CATERHAM IN THE COUNTY OF SURREY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accounting policies {Continued) 1.5 Expenditure Expenthture is recognised once Ihere is a legal or CortrUctIve obligalion to transfer economic b8nefrt to a third party, rt is piobaUe that a transfer of economic benefrts blill te reqwred In settlement and the amwnt of the ot4igatson can te measured reliatty. Exwnature da?784 by acaNty The costs d ea( actswty afe ma( up of ts totsl of drect C08ts and shared costs, indud'ng supwrt costs invdved in undertakJ"ThJ each thity tlrect costs atritJJtst4e to a sinOe activity are allocated drectly to that acbmty. Shared costs which contntrothe to more than one adivity and supwrt CC6ts which are not althtxrtat4e to a gn¥e actsvty are apportsoned tetween those ath'es on a ba&s c(Jnsistent vath the use d resources. Central slaff cJsts are allo(3ted on tsas of trme spent, and dèN8aatson eharges are allo(ated on the wbon ot the assets use. 1.6 Tangibl¢ fued assets Tangible fixed a55els are iThb81ty measured at cosl ar 8Uteequenty measured at cost or valuabon. net of (knweuatson and any impairmenl los¥e8. DeKYeaabon ts rocwisod so as to wnle dl tts• cost or valuab.on d assèts $$ t1 r•si¢A values over Ihtir ful k'ves on the folloryng bases". Freéhold piopwty Propety ImFKo¥ements $VmmIng poc4 Hard surface rjay sports area Computers Motor v•hsdoS Plawng fields FuiNture & equirynent 2% thght li 11YA strawht line 4% to 20% straiaht line 4% to 20% straighl line 33% straight line 20% rethang bdance not depreuated 20% rethrg tOlan . Th strw'ght knne The 1n or105s aiisng on the thsposal ol an asset is determined as the thfference tetblten the sale proceeds and the Cay1n9 valu8 ol the awl and is recowsed in the st¢rnent ol ffirwnoal adjvthes. 1.7 Imp•irmMt of f•d ass•ts At each rewrttng end date, the charty revietts the orrying amounts of its langtAe assets to determine whether there ts any Indcon Ihat those assets have suffered an Impairmenl loss. If any such inthcalion exists, the re¢ovefat4e amounl of the et B estmated in order lo determine the extent of the impJrment loss I"rf any). 1.8 Cash ar•d cash equNalents Cash and cash eqvalents Indudg cash in hand. deposrt5 held al cal wilh banks. othef short-temi liqt¥d investments with original matunts.es of thlee monlhs or less. and tAnk rxerdrafG. Bank overdrafts are sh(ywn thin IX)ffthMn In current liablts'es. 1.9 Financial instruments The charty has elected to apply Ihe Pr$is1onS cl Sedion 11 'Basic Finan¢ial Instruments, and Secb'on 12 'Othef Finanaal Instruments Issues. ol FRS 102 to a¥ oi ts finanual Irtstruments. Basic finanoal assets. which indude dettors and cash and bartk tdances, are inrtiamy measurthj at tran5ath.on price. 14-
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 (C{tinued) Basi¢ finwKaal liabiliiiés BasK finanoal Iiatslies, Induthn9 crethtors and i¥nk loan6 are In'allY recOlsed at transactscffj rrfice. Trade credrtors are oLth"pations to pay for goc#Js or services that have been aawired In the ordnary COUtr of operabons from Amounts payatle a da5yfiod as current I1eS rf payrnent is due •thin one yeai or less. 1.10 Employee benefits The cost of any unwd hdiday entiilemert is rew¥sed in Ihe wiod in the emFAoyee'8 8eivice8 are reeeived Tefminabon benefrts are recogntsed immeiJatePy as an ex[xe then the charty is demcYtstrat4y Committed to terminate the emFloyrnent ot an emFloyee or to wcmde terrninabon benefits 1.11 Retirement trefits Payments to defjned retsrement bent sd)•m•s are tharpd •8 an expense as they fall due. Th¢ cost ol Fyomthng bene1rt5 urwjor defird (efit Vans Is deteined separately for each FAan lng the oiected unrt cretht method and is based on actuana a<fvice.The TPS ts an unfun¢d mulb-emQYee scheme no undeftying assds to assign befvfftn emrAoyer3. Coroequently. the TPS B treated as a defined conlnbubon scheme fof aCC(wJnbng WTpo•es and th• (x)ntn"tthons are rewi8ed in the peFiod to Ich they relatè. Ctitral acownting estimates and judgements In the apFlic"on of the chanty's aecounts'ng pc4icaes. the trte¢S are required to make judgements. ests'mates and assumOons about the carwng amwnt of assets and hatslitses that are ncrt re"ty apparent from other sources The ests"mates and assoaated assumptsons are bed hiStcCal expenence arrfj other factors that e con%der6d to be ielevant. Actual results may thftèr trom these es"mat¢s. The ests"mates and undertying aSsumOnS are reviewed on an onojng baws ReVOnS to ac¢ountng estimates are recogiised In the Fefff)d In whch the eth"mal¢ Is re4ed v•thwe the rewson affects only that Feriod, or In thc penod of the rewgon and future pencJs vthere the revision 8ffe(Xs tth current and future periods. IArne fmm ch¥itsble a¢tivilies Unrestrithd Unrestsicted funds funds 2024 2023 AdVCeMent of wJucion Fees and grants remvat4e 1,531,413 1.383.CM)9 15-
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 AUGUST 2024 UnrestrKled Unrestrlcted funds funds 2024 2023 FuTrJrasing events 3,355 3.127 Unrestricted Unrtstrid funds funds 2024 2023 Interest receivable 29.144 15.099 Unrestricted Unie5tricted lunds funds 2024 2023 Incorne from du and leth.np 293,983 260.759 ExFnditure on charitabl• xtiviti•s ntof ntof •Jucation eduG&ion 2024 2023 Direct costs 1,168,762 1,053.326 Share of SUPf)rt and o>¥ernance costs (see note 8) SuFWrt Governance 747,555 43,214 29.134 1.959,531 1,6),892 Analysis by fund Uniostricled fvnds 1,959,531 1.W,892 16-
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 SUF1 costs alknated to activities 2024 2023 Depreciatic Estat4ishment expendture Bank Char & loan interest Other administrabve costs Governance costs 182.768 392.075 3.051 169.661 43.214 110,157 338,029 2.156 157.890 29,134 7.769 637.366 Advancemerrt of educab. 7.769 637,3e8 2024 2023 Governanc• ¢ost$ comprisw. Audl fees Leaal and profesN'onal 12,676 9,659 19,475 43,214 29,134 Net movwnent in funds 2024 2023 The ngt movement in funds B ststed after charkinty(creOiiDg). Fees payatrAe for the au£Jt of the charW$ finan statements Dwe(iabon of <y•med tansyble fixed assets 12,676 182,768 9,659 110.157 10 Trustees None ol trustees [ any peffsor£ conneded ilh them) receNed any remunerab'¢)n or beTrefrt5 Irom the chanly during thc ycar.
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY NOTES TO ThE FINANCIAL STATEMENTS ICONTINUED FOR THE YEAR ENDED 31 AUGUST 2024 11 Employees The aveiage monthly numbef crf emrAoyees dunry the ye8r was.. 2024 Number 2023 Numbe( Twstees Teachers Teaching sUp[rt Caretaker Catenng Admintstration 15 13 Tcrtal 39 Empknym•nt costs 2024 2023 Ige$ and salaries Sooal secuity c(6ts Other perlOn costs 946,709 70,eAO 151,413 851,712 74,998 126,616 1.168,762 1.053,326 The ernFloyees Costs Indude a comr*ns•tson ptymert {£8.183) arwj • HLON pMeTht (£2,340) made to on• member of supwrt staff. The numbEf of emFloyees annua remunerafron was rnore In £60,000 IB as follows". 2024 Number 2023 Number £.(M)-£,ryx) Remuneralion ol key management personnel The key management pers¢)nnel of the School. Mprise the HeadleachLY and the senior management team. The totsl amount of key management pewinnel femuneratson and benelts re1¥ed ty key management pefsonnd for th•r services to the Sthool was £.059 (2023.. £256.4671. 12 Taxation The thanty Is exemFrt from tsxation on ts a(aivrti05 all ts inC(e is apthd for chantsye purwses. 18-
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 14 Debtors 2024 2023 Amounts falling due within one y: Trade debtors Prepayments and accrued ir)Me 616 52.165 10,Y4 52.781 77,150 15 Crn14tors: amounts lalllng due wlthin ¢)ne year 2024 XJ23 Other taxation and )CIal security Deferted Income Trade creditors Other ttedtOTS Accrual8 20,375 330.970 46.154 19.506 226.900 19.541 124.668 52.176 12,821 105.950 16 643.905 315.1 16 t)eferred income 2024 2023 Other tsferred income 330,970 124. Defe¢red Incorne ts inc1)d in the financial statements a5 follw.. 2024 2023 Deferred income B irnLbJed wthin.. Current Iia&"lrts 330,970 124.e68 Movements in the year. Deferred income al 1 SeOember 2023 Released from previous Friods Resources deleired In the year 124.668 (124.6681 330.970 96,1 124. Deferred inc(The ai 31 Auw 2(r24 330.970 124,
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 2024 l)efined contribution schemes Charge lo rofit or loss in respttt of ddined cortritAthn sthemes 26.847 27.203 The chanty operates a defined contnbution InOn s(eme for all qualfying empoyees. The assets of the scheme are held separately from th of the chanty in an independenuy adN$t01¢d fund. 18 Unve5trthd funds Thè unrestnrtod funds d th• chafty sy)mwtse the unexpended balan of <S)nior6 arKI grants vthich are not sutyect to 8pecsfic non$ ty thnors and grantors as to how they may be used These Indje deggnaled lunth whch have been set ayde out ol unreslncied turth ty the trlee8 tor $peufic wrposts. IncomiThJ Resources At 31 August 2024 2023 General fun( 2.164.628 1.854.895 (1.959.531) 2,059.992 PviouS year: At1 Incomlng Resources At 31 August 2023 2022 G8nefal tunds 2.193.326 1.661.994 (1.6,692) 2,164,Q8 19 Finan¢4al commitments. guarwl¢•s and contingent liabilities At the year en4 there was a wtentsal nngent liatslity relaling to the Teathers. Pension Scheme for fve members of staff who should have been part ol S Fension scheme dunng th1 ernFdoyment.. The wtentral liablty B not atAe to be (yantrfied at Ihis age. Lessee The operating leases reryesent leases of PhotocDpFern and a to th'rd party. The lèases afe negobaled over terms of one year and rentsls are fixed tor 12 years. At the rew)Tbn9 end de charty outstsnd.ng comrnrtments fof futufe mir#mum lease payments under non-cancellatle operating leases, vrtmch fall due as follow5. 2024 2023 Wtrin one year 9.710 21
THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 21 Captsl ¢ommitmefits Amounts c¢)ntracted tor but rrt wovided in the financaa statements". At 31 Augu81 2Q4 the Sd)ool was c(JmThMtted to comrA¢ting Pha8e8 1 8rKI 2 of the M•n Buil¢*ng Refurtxshment Project, vdth ctsts to com¥etson of £77.195 (Phase 1" £3.6 and Phase 2: £73.589). Related party tranwlion5 There re no d'sdosatAe felated party transaclions Ting the year12tr23- noTre). 23 generated from operalic•ns 2024 2023 Defi(at lor the year 1104.8361 (28.6981 AuStment8 for: Inveslment income reCOe In statement ot finaal actr4rt$ DeeaIbon and impairml ot tanL4tAe ffixed assets 129,1441 182.768 115,0991 110.157 Movements In thng catal.. Decreasellincfease) in deOr3 Increaselldecrease) in crethtor• Inciease In deferred income 24,369 122,447 (16.143) 125,814} 28,472 Cash ger•erated fTom operations 402.11 52.875 24 Analysi5 of thanges in net funds The chanty had no material detl duriiw Ihe y•ar.