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 tr￿tee￿. responwbl￿eS Indeperx*nt au(5tofs rei Statement of ffinanaal 8th¥￿es 10 BalaThc• st*ot 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 fina￿la1 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)I￿ng ￿ Chantses. Ststement of Recommended Practr'ce a￿eat￿e to chants'es Fxepanng their accounts In acwrdance wth the Finanad RewtirKJ Standard aprlicatle in the UK and Re￿￿1C 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(￿mi￿10n in decithng vthat athvth'es the chanty should undertake. Pupils at the School are atAe lo access 8 broat*based ¢uniculum SUPkX)rted ty a fange of sFoning, ¢*amats"c, art￿b.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 Foundat￿1 Stso• (Ltrdwr 1QndÈr￿1tsn 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 Intel￿on thin small S¥OUF6 In addtson to struttured Flay Irole rAay, ￿rt￿ftg aThJ str(*ng etc). ￿J￿IS are Introduced lo swimrning, mu&c and m￿ement lessorrs and lo the iurnor Iitrnry. as V￿11 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 qu￿rf1ed Foresi scho￿ Leader. Fofe5t Schools ￿ an Innov*ve outth￿￿ apprO￿h 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 achiwa￿e 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 paftyc￿afy 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 S￿Mming pool Year 6 purAls take part In the "Ifs A F￿h 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 855emtlies thrwh the year. ￿1th advances th￿1 Confiden￿ and communicatsijn s￿mS. The School offers a range of ￿npate￿"t music lessons vdth many (rf the children rAaying at least one music81 I￿trUMent. Siudents arè encouraged to stt The Royal Associated Board of Music and Guild Hai examinabor The School runs a number of extran Centre Vlith the faolity t￿ing avartat4¢ to children ftom local state and ￿vate schools as well as our own wpds for thrs wrFX)5e on a termly baw's. the school now ba'ng an esMtrAtshed LAMDA Examinatson Centre ￿th the facility t￿n9 availaue lo chddren trom local state and private sclwls as well as our own wpls fc* ths purpose ￿"ce annualty. . the school b￿"n9 a recognrsed Exami￿￿"On Centre lor the Roya Academy of Dance making the he*ed Indoor swrnmtng a¥a￿atrAe at very reasonatle rates for hire to Irtsl state schocl5. Scout groutts and to loca txNnesses that prwiote communtty swmmiry for mums. tod(ler8 and thildfen Ihroughoul Ihe V**e having close links v*rth St Mary's Chuich, C*erham. The Revefend Frany Long from St Mary s ha5 worked dosely wth the ￿hCo1 in Organ￿n9 txxh the Hapiest Fesbval Service. donatsons ftom which wefe distributed to local eare homes, and the Carol Service In recent years and we have IDrmed a fnendly WDiknThJ relatjortshlp wrth ine full ime Pnest Reverena Canon Trevor Mapstone. Money has ra￿e(l lor the church roof appeal having strong link5 wlh the local Rotary Club and Round Tatde wtl'th affofd us the OPFrfJrbJrMty lo asw8t them wth the storage of their equipment Wè also lend them our ￿Yn equipment such a5 tstAes. benches and sta9ng for their own fund [8￿n9 events. The same airangements are In F4ace for the local Chaldon Fete. Ra¢gng £1.319 18 for local, nabt)n* and Intematsonal chanbes. These included Read for Good, Royal Brtbsh Lekion, The Children's Trust {Ta￿Trrth), The Trwjsel Tr￿t and St Mary's Church Leg) Appeal lor thurch rool. THE OAKHYRST GRANGE EDUCATIONAL TRUST AT CATERHAM IN THE COUNTY OF SURREY TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 Sunfft8nt actiVrt￿s and a¢h￿vementS 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 p*lormarte 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 al￿￿e. 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 dan￿19 took tt)eir ballet examin8tions successfully A totsl of enN)yed Modern Da￿e lessorts. In LAMDA w¢ had some excellent results. all children passed Iheir examin*ion5 Yrth merits or d'sbnthorfs In excw of 60 children took Inthvidual pnpatetsc mu&c léssons each ￿tk thnng the academic year In the foll￿￿￿n9 instruments.. Fiano, violin. viola, flute, file. ￿1￿1, 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 W￿lS 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 V￿11 as the Harvest Festval ond Carol Servw at Sl. Marf8 Church. The summef lerrn was rounded off a very s￿￿SILl 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* Un￿strICted 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 r￿kS The trustees have assessed the major risks to V•*N¢h the ¢hanty is exF*xed, in kxrbt￿ar 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 fevi*w 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 (￿M￿ele all three [*￿Se5 of the [￿anned refur￿Shrnent to Improve the taolffjes In the main buil*Jno. We Ylll also coftt"n￿ to further UfNJrade the lnfrnstr￿e 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 v￿th 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 c0mmL￿1ty t*nefit for Ihe use of our grounth and fa(Jlth"es in consultat.on other scho¢4s and communty gr￿F$ Gtyng forward we look to e￿oUrage 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 inthV￿al lo¢d ¥¢rtsng dubs wll be an ImFQrtant ongtyng development. As pafl ol Ihe focus on mJntsining finer￿81 ￿l￿enCe 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 sohur￿6 to implem￿1 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 aprI￿ftt new tr￿leeS to fdl vacanoes ansing through the feggnation or deaih of an e￿sttng trustee AJI new trustees are athtsed of Ih•r respOngtAl￿es under thanty la•V and traiNng OFpOrtun￿e$ are made availa￿e for rdevant Issues re48ting to Charity and emFloyment l&¥ The trustees hold mèeting5 al least once in every sch￿1 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¥>Ony￿1fy lor the tharrtatle obj'ectsves to Prot￿onal 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 Str￿14 The chanty 1$ 9overned ty a Irust deed executed 1 March 1974. The tn￿eS 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 lJ cl at least We monihs ITOM V•fien the finanuai stalements are authortsed for t5￿. OUT respowbl￿eS and the responsits'hties of the trustees re¥*d ts wn9 con(xrn are deS￿bed 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, WI￿1￿1 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 rn￿tateMents. we aro req￿red lo detem)ine whether thrs 9ves rtse lo a material misstatement in the finanual slatements themsefves. If, based on the W￿rk we hw4e ￿rforrned, cortlude Ihat thei¢ Is a material misstaternent of this othor Intomat￿. ￿ are req￿red 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 m￿n￿tent in any material re¥*d h*ith the tnJstée8' rewt.. or suffiaent a¢counbng records have not been kept. or the finanaal statements are not In agreement ￿Tth the a￿Oun*.ng records". or V￿ have not received all the information and exrAanab.O￿ we require for our auaL ResponsI￿lItIeS ol trustees As exrAained more lulty In the statement of ITu*ee8' respOn￿trAIrtI'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 pre￿￿ng the fmanual statemènts. the trustees are TesponwtAe for assessing the chanty's atslity to coni'nue as a wno concem. Osdosing, as a￿lI(￿tle. mattets related to going concern and uyng the g￿ng coneem bask% cl accounbng urkn the trustees erther intend lo cease opefabons. or have no reahsts'c atternatsve tMJt to do so. Audilof5 re¥￿nsIbIlIt*S 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 m￿statement 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 M￿S￿lernent vthen it ex￿ts. Mtsstalements can afise from Iraud Of e￿or and are cor￿dered 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 ine9￿ar￿e3. irKI￿￿n9 fraud, is detailed below. A further deS¢n￿On cl our respO￿￿1111eS is avalatle the FinarKia RerK)rtino CounrAI's ￿t￿rte 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 Rep￿ng ty Charthes. Statement of Recommended PraL*ce apFAJcatrAe to charibes Fffepanng thwr accounts In ae¢o¥danc• wilh th• Flnancial R*￿th￿9 .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 t*en done in order for the finanaal statements to ryovxle a true and lair view in ac4xJrdance v*th 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 v*th part 4 of the Chantses {Aeeounts and Reports) Regulab"+yB 2008 Our audrt vnrk has t*en undertaken so that we mi￿1 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 resP￿￿t￿.￿ty to anycme other than the charty and the charty'g trustee5 as a t￿. tor our audt V￿r￿ 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 exP￿di￿re 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 2￿24 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: ￿M￿nIS 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 incr￿se1¢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 pol￿1¢$ Charlty 1nft)miat￿• The Oakhy￿t Grange Educathonal Trust at Catetham in the County of Surrey ￿ charrtable T￿￿. 1.1 AwA)unling convention The finanaal stsiements have been ple￿red in accordartt V*ith the charty's Igcweming (Sjcumentl. the char￿e$ 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 th￿r aco)unts In accordarKe bmth the Financial ReForb'ng Standard a￿le8t40 In the UK afmj Rewtlic ot Ireland (FRS 11r2I- leffec*vé 1 January 20191. The chanty is a pu￿1¢ Benefit Enbty a5 defined ￿ FRS 102 The financial statements have departed froffl Ihe Charit￿ (Accounts and Rep￿ts1 Regulatsons 2(Xi8 only lo the extent required to provide a true and fair view. Thts departure has Involved follovnng the Statement of Recommended Prac*ce 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 funL*on* ￿(renc1 of the tharity Monetary amounts in these finartial statements are rcwnded to the nearest £. The finanual ststements have t*en r*epared urthi Ihe ht8tcmcal ¥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