Gharlty reglstratlon number $18471 (England and Wales) Company reglstratlon number 02022869 THE KING OF KINGS SCHOOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
THE KING OF KINGS SCHOOL LEGAL AND ADMINISTRATIVE INFORMATION Gov¢mors Dr B Oyebande Mrs E B Lewis DrPLws Mr N St8ele Secretary Mr M Golamhossen Charlty number 518471 Company number 02022869 Prlnclpal Addrass Sl Luke's Parish Hall Derby Road Salford M6 SYD Reglsteted offlce 83 Manchester Road Audenshaw Manchester M34 5PZ Independont examlner Tracey Connor BS¢lHons} FCA Chacfwicks Chartered Accountants statutory Atjditors Capital House 272 Manchester Road Droylsde Manchester M43 6PW
THE KING OF KINGS SCHOOL CONTENTS Page Govemols report statement of Gov8rnorf8 re8ponsibililie8 Independent èxamlnerfs report Statement of financlal actlvllles 10 Balance sheet 11 Notes to the financial stslemenls 12-17
THE KING OF KINGS SCHOOL GOVERNOR'S REPORT IINCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 JULY2025 The Governots present their annu21 report and accounts for the year ended 31 July 2025. The Governors consliluto diredors of the mparny for Companies Act purposes and the Trustees for Charity purposes. The company is registered with the Charity Commissioners under Charity Number 518471. Princlpal Actlvlty The Klng of Kings School is a wmpany limited by guarantee, the wlncipal activkty of which18 the edtIon of children in the Mar)chesler area. In setting our objectives and planning our activities our Governors have glven areful consideration to the Charity Commission's general guidance on public benefit. The finaneial slalamenls have been prepared in accordanc8 with the a¢UntIng policies sel out in ntste 1 to the financial slalemenls and comply with the charitS governing document, the Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK at)d Republic of Ireland arKI the Charities SORP 'Accounling and Reporting by Charities= Statement of Recommended Practice applicable to chari11os PTeparing ther accounts in accordance with the Financial Reporting Standard applica8 in the UK and Republic ol Ireland {FRS 1021" Aims, works and Acllvltlgs Objects Tha objects of the school are the instltution and running of a Christian 8chool designed to give 8 sound Christian and moral basis lo all pupils. The school wants to raise up Christian leaders with service of others in the centre of their hearts and a single. Ixblical worldview. We want to preserve and extend Chrisfr'an loarning. It18 our aim as a school lo be outward looking and service oriented. and to contribute lo the wider needs of ChTistian Education in this country and beyond. History The King of KÈngs School was established in 1986 as an indèpendent school provlding a curiiculum wlh a specifically bible-centred worldview. Since September 1991 it has occupied a significant part of the fomer Charter Slre8t Ragged School in Dantzic Street, Manchester, ¢los8 to Vloria ststion. Aims The sch(x)l aims to provlda a thorough education to children aged 3-18. equipplng them wlh the knowledge and skills lo enable them to flourish as members of society and al the same time with a secure Christian falth expressed by serving others with generous, unselfish and confident hearts. Each child is encouraged to work hard in a system which balances academic work with other enriching experiences, includlng muslc, art, sport and practical skills. GU1cUluM The differ8nce between this school and other sch()ols with a Christian ethos is the Currlum. Thè school uses A.C.E., an individualised learnirig programme which has over 1 million users worldwide. This forms the spÈne of the Curriculum onto which the school builds, adding group work, specialist instruction, Indidual teaching and project work. The A.C.E. methodology is designed lo equip students with self-sludy skills and to ma8t8r thelr learning. Teaching is consistènt with the tr*blical inslruclion most of the chlldren receive In the church and home, and nurtures children in the Chrislsan faith. Graduétes The school's first senior students prapared for and took GCSES before going elsewhere to study for A Levels. Since 1992 we hav8 been able lo take students through from nursery to 18 using the A.C.E. curriculum, initially with the Nabonal Christkgn Schools Certificate Ilhè NCSCI and th&n its successor, the In18rnalional Certificate of Christian Education (the ICCEI. qualifications designed to validate the work of students using thi$ progrBmme and whlch enable them to gain entrance to university, Gollege, or directly to employment. Our first NCSC graduate went lo Durham UniversSty in 1996 and gained a BA in LirvJuistics before eamg an MPhil from York University. She was awarded a scholarship lo the Univ&rsty of Pennsylvania. an Ivy League university, and her Studies culminated in a PhD from York in 2004.
THE KING OF KINGS SCHOOL GOVERNOR'S REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Subsequenl NCSC graduates have gained pLaS al sixth fom7 and further education colleges or stayed on the programme to complete their sludles. Ev8ry school leaver with the NCSC Level 511 or the ICCE Advanc8d Certificate has gained a place at a Russell Group University, including Lelcesler {Malhsl, Kerrt Production}, Liverpool IPhysiotheTaPy, English}, Durham ILirEguisli¢s, Music), York IPPEI. Sheffield (Japanasel and Manchester (Japanes8). Recent students have studied for a Masters in Medical Statistics, Busin8S8 Studies, Law, and Security and Developmenl IDislinctionl. Studehts Five students wer8 working on the ICCE General Certificate. One student completed this during the year and continued onto the next Certificate. Four students wer8 woTking on the Inlemiediate Certifieale. One completed this durlng the year and continu8d onlo thè ICCE Advanced Certifi¢ale. The 3 students in Y8 were ready to Start on thè ICCE General Certitleale by the end of the year. NUrnr8 of students Numbers held steady. We had 6 studeTrts with SEND.. gne with health issues, five wth behavloural difficules. Of the latter, all improved over the year, three imptoved significantly. Flnances Fe8s remained below the VAT limit but were sufficAent, with th8 addition of glfts, lo me8t all our ne8d8. Ofsted Background.. We moved, under very ¢SIderable difficulties. including disposing of Ihree-quarters of our materials and storing most ol the rest in various churches and people's homes, during thè Autumn half term in 2023, Setting up school in the new premises for thè first time on Monday 6 November. That same day Ofsled annnC8d a full inspection starting th8 following day and refused to defer it, despite our taking it to the Regleal Manager. re1Ve a 'Needs Improvement. rating in this inspedion. wlth 42 ISS items not met. We therefore had Iwo Progress Monitoring Inspections (Pmlsl in 2024-25. Al the PMI on 8 October 2024, we were found lo have now mel 38 of the 42 items, but EYFS was deemed lo be still insufficiently developed and safeguarding record keéping were reckoned lo be 'not mel,, which meant that Leadership and Governance wa$ also not met. M?In areas of shortfall.. 1, Attendance.. we needed to keep registers 8lectroni¢ally. use the tougher rules on attendance and lateness, appoint an attendance thampion and record missing items on Admissions Register. Attendance Register and for EYFS. 2. EYFS: a) Missing documents. bl Resources needed developing inside and out. cl Dovetail the two ¢L¢rricula IEYS and ACE). d) sequan how 10 8chieve all Earfy Learning Goals IELGS) by age 5. e) Link lesson aims lo ELGS. fj Develop vicarage garden as Forest School to improve outside curr5culum. 3. H8allh and Safety.. a} Order Blns safely. b) Create Medical Room. 4. Safeguarding.. DSL'S safeguarding fi5e developed wlh more information. Two training cortificatgs were only online,. we were asked to print them off,
THE KING OF KINGS SCHOOL GOVERNOR'S REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 As a Tesult, we look the f()Ilowing action.. 1. Attendance.. al Appointed Attendance Office {'Champion'l appointed who wrote the new policy and trained stsff. bl Ele¢tronlc versions ofAdmissions and Attendan reglsters werè ttealod. All required information was added. The data was analysed. cl Salford traffic light system adopted for school attendance. 2. EYS al Margaret Gunn, Salford EYFS Lead, and Nell Faza¢kerley. Salford SchooE Improvement Offthr attended separately and gave advice. b} School EYFS Lead attended two courses in person on EYFS and completed the 8 modules of the DFE online course. cl Resour$ were extended.. a new easel, tarpaulins for dens, dressing up clothes, new 88nd and water play container. deep container for digging sand. dl Environment improved.. new carpet, sofa. new sleeping mats. Bar area impToved. el Forest School policy, plan and related dUMentS d8veloped. Forest Sthool cr8aled In vicaragé garden with logs, tyres and woodthip. O The two curricula IA.C.E, and EYFSI were dovètslled. g) Each ELG was sequenced from age 3 to age 7. h) Lesson aims rewrillen to link lo ELGS. 3. Health. Welfare and Saf8ty a) Bit)s.' many church bins were removed or rè-allocated. bl Medical room area was cleared of other people's maleTials, painted and pl8slered'. the Ilght was mended. A screen and washing facilities were added lo bed and bedding. 4. Safeguarding al DSL'S filè was improv&d. bl H8rd copies of training rtifIcateS requireé were printed off and added to file. l FM created to log safe9uarding conceins. 5. Leadership and Management al All leads required lo keep logs and checklists. bl Head lo scrulinise logs and checklists lermly 8nd documenL cl Leads lo report lo Govemors lerm5y instead of annually. dl Gov8rnor8 to ensuro EYFS standards arè béing met. At the PMI { 10 June 2025, although much improvfjd with everything above implèmented. EYFS was still deemed insufficient 8$ there was no continuous provision or continuous asS lo all materials. Although safegu8rding record keeping was much improved. it was ratèd InsLrfficient, which again meant that the Leadership and Governanca was ain'9t mev.
THE KING OF KINGS SCHOOL GOVERNOR'S REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Further adions taken as a result.. 1. EYFS.. a) Lead undertook many more Iralning sessions. in person and onllne. b) She created more open-ended tasks to show differentiation and individualisallon in activllles, cl Continuous prOViOn and conlinLKJUS access was further develo1. dl The forest school was limelabled to ensure coverage of the outside GuirSculum. Sessions were developed ELGS, individualisalion, differenlialion and CDT challenges. Risk assessment and safaty Sessions were ensured al the beginning of each session and before each challenge or physical activity. Lesson aim8 related to sequencing and ELGS. el The lead documènled how we identify and address communication issues {using Wellcomm) and how we identify and aédress sensory issues (Sante}. 2. S8fegu8rding'. th help of the Salford Safeguarding Lead, Amanda Taylor, the DSL croaled an 81@ctroni¢ log of Safeguardlng training and ¢on¢ems raised. She ¢reated a CP file for each child who might be vulnerable. 3. L8adershlp and M8nagemenl,' The head lo have physical svJhl gf the logs and Chec181S of each Lead every term. The Governors to receive reports from eath lead every temi and from the DSL ce 8 term. During the year we re¢eived a lot of Irainlng and support Irom Salford LA, from the School Improvemonl Officer and particularfy from the SafeguardSng and EYFS Leads who provided advice. training and support. Afull inspection in February 2026 found all requirements mel. See curr8nl Otsled Report. Salford Safoguardlng Audlt W8 complel8d the 180 questions of Salford Safeguardlng Audll and submilled in time. Th6re were 72 items lo attend to, most because w8 needed lo read all the Sall4yd documenlallon an¢J undertake 911 the Sallord SafeguBrding Ir?iniThJ; Manchester's no longer counted. These have now all been addressed. All the Salford requir8d training has been undertaken by all the ople who needed to do il ar all the documentation has been brought in lin& wlh Salford iequirements. The DSL completed the Encompass trainlng, were certificat8. AJI Governors, staff and volunteers have r¢ad the documents required. Volunteers have had training on other relevant documents. The DSL is now r8viewiNJ the SCR lem)ly, instead of Chair of Governors. Further plans: The Literature teacher developed 4 matched readers forABCs. Social Studies and S¢ienc8 PACES are designed as matched re8ders. bul chlldren do not start on before they finish ABGS. She plans to create Iwo more in 2025-2026. Curilculum We also improv8d the rrICUluM for all Brllish values, systemalis8d the RSE curriculum and imprOd Gareer8 opportunities. W8 used the P8rfiamentary week lo cover some of the democracy requirem8nls in British values and htegraled SIetY teaching with the history Curriculum, creating a History and Society curiiculum.
THE KING OF KINGS SCHOOL GOVERNOR'S REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Govèrnors The Governors are involved in the school and knowledgeable. The have kepl up to dale with the documentary charges and training. They attend school events, inclutling the Christmas production, th8 summer banquet, the annual student convention and the annual conlerence run by the curriculum provider. The safeguarding Governor also teaches In school 3 weeks out of 4 and uses the opportunity to check safeguarding issues wilh the DSL. Stsff Besidés the Head, each member of staff is over a department of thildren-. EYFS. Infants, Juniors and SeniorB. Each member of staff also teaches several lessons, according lo their exportise. Each staff member also has responsibility for running the school.. one is the Attendance Champion. one is in charge of He81th and Safrty and RiskAssessmenls, one is in ch8rge of ordering and tiips, one is the School Co-ordinator for ICCE and another is the Inlemal Anoderalor for ICCE. There is a Head and Deputy. One Memb off staff is the DSL and th8 Head is the Oepuly DSL. Th8 EYFS and the Safeguarding Lèads have had in person and online training courses throughout the year. The rest of the staff and voFunleers have had additional Safeguarding training Courses. All staff members kept up to dale with the required A.C.E Professional training. Staff involved in ICCE are up to dale with the r8levanl parts of the required ICCE training. In additn, each member of staff has undertaken furth6r training on subj8Cts they teach, mostly lo improve pedagogy, bul somolimes also subject knowledge le.g. in language, Scien and art leaching). The stsff were assisted by part lime volunteers.. two as leaching assistants, one as IT teacher. one as PE teacher. There was a peripatetic music teacher. Premises The schoc4 iemained in temp¢xary a¢commodalion in St Luke's Parish Hall. which has many advantages. The Church have been g¢cKI landlords, dealing with issues as they arise and gradually improving the accommodation. However, we have Ilmited storage and some other limitations and so we continue to look for more permanént premises. The Head and the Chair had a $8cc)nd training session in London on developmenl and fvndraising in order to prepare to move into and sustain much larger premises. However, w8 heard al the end of the Autumn Term 2024 that Manchester City Council had compulsoriSy purchased th6 property we were expecting to move into. We have since been pursuing another suitable Property in Salford. but that Is currentty in abeyanGe, as the landlord is still working on it. In Concluslon Our children still come from all ar¢)und the city and wg continue to have excellent support from the parents. The staff worked incffdibty hard. cheerfully and faithfully, lo deal wlh all the challenges of the year 2024 to 2025.
THE KING OF KINGS SCHOOL GOVERNOR'S REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Financlal rev19W The financial sta18m8nts have been prepared in accordance with the Companies. Act 2006. the Memorandum and Articles ofAssocialion and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo Charities preparing their accounts in accordance with the Financtal Reportlng Standard applicable In the UK and Republic of IrelarKI IFRS1021 and the Charities Act 2011 and applicable regulations. The main income arlses from fees charged for educalion and gifts to support the activities of the sthool. Th8 most significant expenditur8 relates lo the salaries of tèachers. The financial resu51s for the year, together wth a summary of the accounting wlicies adopted are 8et out in the accompanying financial statsmenls. The deficil for the year of £ 4,447 12024 £ 2,968) will b8 added lo the dèfiat brought forward. At the year end there is a deficit of £4,799 12024 £3521. On the 5 August 2025. a gift of £5,000 was made to the tharity to address this. The charity's policy towards free reseThes is that these should be sufficient to cover one month of trading cost5. Currenlly this has not been a¢hi?ved. Th8 GoveTnors are confident that th8 donors will assist in Ihls regard if necessary. The charity has been impacted by a combination of exlemal factors speufically by the inlroducllon of VAT, the increase in the National Insurance limits, loss of business rale Telief and the rise in the Cost of living. Having regard lo these factors the charily is revi8wing Ils financial model witti a view to increasing its funding in futur& periods. Al the lime of approving the financial stalemenls. the govemors have a reasonable expectation that the charlty has allequaté resources lo continue in op8rational existence for the fore8eeabte future. Thus the governors continue to adopt the going nCeM basis of accounting in preparing the financial statements. Management The day to day management of the sehool is under the responsibiSity of the headmislr8ss Mr8 E B Lewis. Banker5 The bankers of the school are The Royal Bank of Scotland plc, Sandba¢h, Cheshire. Dlyldonds The payment of a dividend or any other distribution lo memlxrs Is not permitted urKler the lemis of the Company's Memorandum of Association.
THE KING OF KINGS SCHOOL GOVERNOR'S REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Structure, governance and management The Govemors during this accounting period and to the dale of this report are as follows.. Dr Philip S Lewis (Chairl Mrs E Brenda Lewis (Headl Dr Bamidele Oyebande (SafeguardiT)g and Parent Govemorl Mr Nigel Steele Ilndependent Governor,. Health & Safety) Mrs 8 Lewis and Mr N Sle8le resign by rolalion and both offer Ihemsehres for re-election al the forth¢oming Annu81 General Meèting. No Governor was in receipt of remuneration or private bengfils from the company during the period cover6d by these accounts. No Governor receives indemnity insurance for their Serv as director or trustee. Two employees a ralaled parties lo two of the Irust8es. The level of remuneration has beèn approved and amounted to £46,10012023 £40,320). The level of remuneration has been approved by the independent trustees. Mrs Lewi81S 8n unpaid, non-execuliv8 director of CEE which is the sole suppller of the A.C.E. curriculum to Christian schools in the Uniled Kingdom. CEE has supplled the school Ihrgughout ils existence and Mrs Lewis was only appointed as a CEE direOr in 2009. In addition, purchases are made or¢ normal commerciol terms which are available lo all schools using the curriculum. In 2018 Mrs Lewis became an unpaid dir8clgr of ICCE Limited. R15ks The risks that the school faces include having insuffident school numbers With parents who can pay the fees and insufficient donations to meet the school's expenditur8. The qualification the school uses, while valKlaled by UKNARIC'S 2012 Repgrt, is not accredited. In addition, the school trA*ar8 the responsibility for looking after the Ghlldren under ils care. The Governors have made an assessment of the major risks facing the school and are satisfied that there are policies in ple lo minimise these risks. Guarantors Details of guarantors during the year of the accounts and lo the date of this report are 8$ follows- Dr P S Lewi8 Mrs E B Lewls Dr B Oyebande Mr N Stsele Under the terms of the Company's Memorandum ofAssociation, the liabllity of each member is limited to £1.00. The Governors present their annual report and aCUnIS for the y8ar ended 31 Juty, 2025. The Govomots constllule directors of the company lor Companies Act purposes and the Trustees for Charlty purposes. The company is registered with the Charity Commissioners under Charity Number 518471. By order of the board Dr B Oyebande Govemor Dated: 27 May 2026
THE KING OF KINGS SCHOOL STATEMENT OF GOVERNOR'S RESPONSIBILITIES FOR THE YEAR ENDED 31 JULY 2025 The governors, who are also the directors of The King of King8 School for the purpose of company law, are responsibl6 for preparing the Governor's Report and the financial ststemenls in a¢cord8nce with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. Company18w requires the gevemors to prepa financial stal8menls for each financial year whlch gwe a true and fair view of the slate of affairs of the charity ar of the incoming resources and application of resources. InLIng the income and exponditure, of th8 charitable company for that year. In preparing these financial slalemenl8, the govemors are required to.. select SLSilable accounting policies and then apply them consislenlly., - observe the methods and principles in the Charities SORP., make judgements and eslimales that are reasonable and PTudent', state whether applicable UK Accounting Standards have beon followed. 8ubj8Ct to any material d8partUTes disclosed and explain&d in the financial statements,. and prepare the financial statements on the golng concem basis unless it Is inappropriale to prèsume that the charity will continue in operation. The governors ar8 responsible for ke8ping adequate aecounting record8 that disclose with reasonable accuracy at any lime the financial position of the charity and enable them to 8nsure that the financial statements comply with the Companies Act 2006. They are a180 responsible for safeguarding the assets of the charity ar)d henc8 for taking reasonable steps for the prevention and detection ol fraud and other irregularities.
THE KING OF KINGS SCHOOL INDEPENDENT EXAMINER'S REPORT TO THE GOVERNORS OF THE KING OF KINGS SCHOOL I report lo Ihe governors on my examinatton of the financial statements of The Klng of Kings School Ilhe Gharilyl for the year ended 31 July 2025. This report is made solely lo the d)arfly's governors. as 8 body, in accordance MThth Section 145 of the Charities Act 2011. My work has been undertaken so that I might slate to the charity's govemors those matters l am required lo state to them in this indep6nder¢t accounlanls, report and for no other purpose. To the lIest extent permitt8d by law. I do not accepl or assijme responsibility lo anyono other than thg charity arKI the charity's govemors as 8 bc*Sy, for my reporting work, for this report, or for the opinions I have formed. Responslbllitlos and basls of rèport Having satisfied myself that the charity is not subject to audit under company law and is ellgib18 for independ8nt examination. rt is my responsibility lo.. OX8mine the aountS under section 145 of the 2011 Act., fcAlow the produreS ld down in the gener81 directions given by the Charity Commission under section 14515)Ibl of the 2011 Act., and stale whothgr pa1Cular mallers have com& lo my attention. Basls of Independent examlner's report My examinallon was carried out in accordance w41h the general diiections given by the Charity Commission. An examination include8 a review of the accounting records kept by the charity and a Gomparison of the accounts presented with Ihose records. It also irlUdeS considèration of any unusual items or dis¢lo8ures in the accounts, and seeking explanations from you as Iruslees concerning any such mattèrs. The procedures undertaken do not provide all the eviden that would be required in an audit and consequently no opinion is given as lo whether th6 accounts present a'lTUe and fair view. and the report 18 limited to thgse motters set out in the statement below. Independent èxamlnerfs Staternent which give$ me reasonable cause to believe that, in any material respect, th8 requiremènts.. to keep accounting records in accordance with 8ectÈon 386 of the C¢)mpaniesAct 2006.. and to prepare accounts which 8ccord with the aCuntIng records, comply wth the accounting requiremenls of section 3 of the Comparbles Act 2006 and with the methods and principles of the Slalements of Recommended Practi.. Accounting and Reporting by Charities have not bèen met or lo which, in my opinion, attention should be d¥awn in order to enable a proper understanding of the accounts to be reached. TraY Connor BSclHonsl FCA Chadwicks staluloryAu¢Jitors Gharter@d Accountants Capital House 272 Manchesler Road Droylsden Manchester M43 6PW Dated: 28 May 2026
THE KING OF KINGS SCHOOL STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY2025 Unrostrlctsd Unrestrlcted funds funds 2025 2024 Notes Donations and legacies Charitable activities Inve51monls 39.281 89.716 37 66,837 79,098 91 Totsl Income 129,034 146,026 Charitable activities 133,481 148,994 Not expendlture for the yèarl Net movement In funds 14,4471 12,968} Fund balances al 1 August 2024 (3521 2,616 Fund balances at 31 July 2026 {4,7991 13521 The ststemenl of financial acuvilies includes all gains and losses recognised in the year. The statement of finawal 8clivilies includes all gains and losses recognis8d in the year. All inoome and expenditure derive fiom Continuing activtties. The statement of financial activilies also wmpli8S Wlth the requirements for an Income and expenditure account under the CompaniesAcl 2006. There aT¢ no restricted funds this year. 10-
THE KING OF KINGS SCHOOL BALANCE SHEET ASAT31 JULY2025 2026 2024 Notès Current assets Debtors Cash at bank and in hand 10 337 707 587 1.816 1,044 2,403 Credltors: amount5 falllng due wlthln one year 11 (5.8431 {2,7551 Net currgnt Ilabilltles 14,799) {3521 The ftsnds of the charlty Unrestricted funds 12 {4,7991 1352) 14,799) (3521 The company is enlilled to the exemption from the audit requirement coritsined in section 477 of the Compani8s Act 2006, lor the y88r ended 31 July 2025. The directors 8cknowledge their responsibilities for ensuring that the charity keep5 accounting records which comply with section 386 of the Act and for preparing finanaal slalements which give a true and fair view of the stats of affairs of the wmpany as al the end of the financial year and of its incoming resources and application ot resources including ils income and expenditure, for the financial year in accordance wth the requirements of se¢liot)$ 394 and 395 and whlch othetwise comply with the requirements of the Companies Act 2006 Telating to financial slatemenls, so far as applicable to the company. The members have not required the company to obtsin an audit Of ils financlal statement$ for thè ye8r in question in accordance wlh se¢tion 476. These financial statements have been prepared in accordance with the provisions applicable to companles subject lo th6 smatl companies regime. The financial ststements were approved by the governors on 27 May 2026 Dr B Oyebande Governor Company reglslration number 02022869 (England and Wales) 11
THE KING OF KINGS SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Accountlng pollcle$ Charity Information The King of Kings School is a private company limited by garantee incorporated in England and Vvales. The registered office is 83 Manchester Road, Audenshaw. Manchester, M34 5PZ. 1.1 Accountlng conventlo The finanaal stalem8nls have been prepared In accordance with the charity's governlng documanl. the Compariies ACÉ 2006. FRS 102 Yho Financial Reporting Standard appIable in the UK and Republic of Ireland. and the Charilies SORP "Accounting and Reporting by Charities.. Statement of Recownmended Practice applicable lo charities preparing their a¢¢ounls in accordance with the Financial Reporting Standard appli¢able in the UK and Rèpublic of Ireland IFRS 1021" The Charity is a Public Ben8frt Entity as defined by FRS 102. The charity has taken advantage of the provlsions in the SORP for tharilies not to prepare 8 Slalemenl of cash fl¢)ws. The financial statements are prepared in sterling, which is the functional currency of the charlty. Monetary amounts in these financial statements are round8d to the nearest £. The financlal statements have been prepared under the hisloricAI cost convention. The principal accounting policies adopted are sel out below. 1.2 Golng concèrn Al the lime of approving the finanual statements, the governors have a reasonable expectslion that the charity has adequate resoUrS to continue in operational existence for the foreseeable future. Thus the govemors continue lo adopt the going concern basis of accounting in preparing the financial slalements. In recent years, the ¢harity has been impacted by a wmbinalion of extemal factors such as the introdu¢tk)n of VAT on school f8es, increase in National Insurance costs, loss of busÈne8s rate rellef and a rise in the cost of living. The govemors ar8 aclivety looking al ways to Irease Ihe exiernal lundlng in the future and are confklenl that donors will assist in any shortfa11s. 1.3 Charltable funds Unreslricled funds ar8 available for use al the dlscrelion of the govemors in furtherance of their charitable objectives. No funds have been roslri¢ted by a donor or designa18d for a particular purpose by the governors. 1.4 Income Income is recognised when the eharlty is legally enlilled lo il after any performan¢8 conditions have been met, the amounts can be measured reliably, and il is probable that income will be received. Cash donations are recognised on receipt. Other donations arè recoynised onc8 the charity has rtl[le(l of the donation. unless perfomiance conditions require dèferral of the amount. Income tax racoverable in relation to donations received under GiftAid or deeds of covenant is rocognised at the Ilme ol the donation. Legacies are recognised on receipt or othepNlse if the charty has been notified ol an ImpeNJing dislribulion, the amount is known. and receipt is expected. If tha amount is not knc)wn, the legacy is treated as contingent asset. 12-
THE KING OF KINGS SCHOOL NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 31 JULY2025 Accountlng pollcies {Contlnued} 1.6 Expenditure Charitable a¢tivities- This is expenditure incurrèd in supporting the charitable activities Df thè school. Govemance costs - These represent direct expenditure on the governance of the school. The management is carried out without charge by volunteer8. The intangibl8 cost 13 not indudad in the Ststemenl of Finanryal Activlli69 since there is no measurement of cost for their services. 1.6 Tangibl8 flxgd assets Tangible fixed assets ar& initially measured at C05t and subsequently mea8ur8d al cost or valuation, net ol d8precialion and any impairment lossès. Depreciation is recognis8d so as to write off the cost or valuatlon of assets les8 their r8sidual values over their useful lives on the following bases: Tenants improvements Fixtures and fittings 200kn _ 33.33% slraighl line 20% straight linè The gain or loss arising on the disy)sal of an asset 15 determined as th8 difference between the sale proceeds and the carrying value of the asset, and is recognised in tre Statement of financial activities. 1.7 Ca$h and cash equlvalents Cash and cash equivalents includ8 cash in hand, deposits h8ld al call with banks, other short-lerm liquid investments wllh original malurilies of three months or less. and bank overdrafts. Bank overdrafts are shown Sl1n borrowings in current liabilities. 1.8 Employee boneffts The cost of any unused holiday enlillement 1$ recogniséd in the period in which the employee's $ervlce8 are reIved. Termination benefits are recognised immediately as an expense when the Charty is demonstrably tt)mmitl8d to teminate the employment of an employee or to provide lerminaliDll benefits. 1.9 Penslon The charity operates a defined contribution pension ¥Gheme. Contributions are charged lo the profrt and Ios5 account as they become payable in accordance with the rules of the scheme. No liabllity arises at th8 year end. Donatlons and legacle5 Unrestrlctsd Unrestrktsd funds fvnds 2025 2024 DatIonS and gifts 39,281 66,837 13-
THE KING OF KINGS SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 Income from charitable actlvlties Unrestrlcted Unrèstrlcted funds funds 2025 2024 School fees Donations (other) 88,512 1,204 78.746 352 89.716 79,098 Investm8ntS Unrestrlcted Unrestrlcted funds funds 2025 2024 Inler8St receivable 37 91 Expenditure on ¢harltablg actlvitles 202 2024 Direct costs staff costs Workbooks Books and consumables General expenses Telephone & IT Rent and rates Insurance Maintenance School Iripslconvenlions rraining Ofsted 82,447 9,433 6,180 2,165 79,037 13,797 7,038 5,489 76 31,898 719 729 630 2,036 641 18.488 735 583 2.766 1.958 2,191 126,946 142.090 Share of support and governance costs (see note 61 Governance 6,535 6.904 133,481 148,994 Analysls by fund Unrestricted funds 133,481 148,994 14-
THE KING OF KINGS SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 JULY 2025 Support cost8 Support Governanca costs costs 2025 Support Governance 2024 Accountancy Legal and professional 1,671 4.864 1,671 4,864 1,449 5,455 1,449 5,455 6.535 6,535 6,904 8,904 Analysed between ChaTitable activities 6,535 6.535 6.904 6,904 Govfjrnance costs indudes a provi5i0n for audit an(1 acoounlancy fees of £1,671 {2024- £1.449). Employ8os The average rnonlhly number of employees durirrfJ tho year was.. 2025 Number 2024 Number Taxadon The charity 15 exempt from tsxalion on its activities beU$8 all ils income is applled for ¢haritabl8 Putposes. Tanglble flxed assets Tenants Flxtures and Improvements flttlngs Total Cost At 1 August 2024 10.685 14.226 24,911 At 31 July 2025 10,685 14.226 24.911 Depreclatlon and Impairmenl At 1 August 2024 10.685 14.226 24,911 At 31 July 2025 10,685 14,226 24,911 1s-
THE KING OF KINGS SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 JULY 2025 10 Debtots 2026 2024 Amounts falllng due withln one ygar: Trade debtors Other debtors 12) 339 587 337 587 11 Crèdltors: amounts falling due withln on& ygar 2026 2024 Other tsxation and social security Trade Creditors Other edItorS Accxuals and def8rred Income 2,712 1,560 11 1,560 1,006 300 1,449 5,843 2,755 12 Unrestrlcted funds The UnstriCted funds of the charity Comprise the unexpended ba18nces of donations and grants which are not subi8ct lo specific conditions by donors and grantors as lo how they may be us8d. These indude dosignated funds 1¢h have been set aside out of unrestricted funds by the trustees for speclfic purposes. At 1 August At 31 July 2024 2025 Incomlng Rg$ource$ resources expended General furKIs 1352) 129,034 1133.4811 14,7991 Pr•vtous year: At 1 August 2023 Incomlng rosources Resources expended At 31 July 2024 General funds 2,616 146,02e (148,9941 13521 13 Related party transactlons
THE KING OF KINGS SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 JULY2025 13 Related party transactlons {Contlnu8dl Two employees are related parties to two of thè trustees. Their remuneration is th'xed on similar temis to oth8r employees and amounted to £49.L%O (2023 £46,100). The level of rèmuneration has been approved by thé independent Iruslees. Two govemors provlde IT services, N Sleele maintsins thè websito for an annual tharge of £120 and D Oyebande pays the monthly internet bill and purchases any necossary IT squipment. both of I[ch are refunded to him. Mrs. Lewis is an unpaid, non-execulive director of CEE which is the sole supplier of the ACE curriculum to Christian sdiools in the United Kingdom. CEE has supplied the school throughout ils 8xislence and Mr5. Lewis was only appointed as CEE director in 2009. In addilioll. purchases ar& made on n¢xmal cc4nmercial terms which are available lo all school using the curriculum. 17-