2025-08-31-accounts - Christ College, Brecon

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`ReportoftheGovernors`
`ReportoftheIndependentAuditors`	`14-17`
`ConsolidatedStatementofFinancialActivities`	`18`
`CollegeStatementofFinancialActivities`	`19`
`ConsolidatedBalanceSheet`	`20`
`CollegeBalanceSheet`	`21`
`ConsolidatedStatementofCashFlows`	`22`
`NotestotheConsolidatedFinancialStatements`	`23-55`

`Thesecanbesummarisedasbelow:`	`Thesecanbesummarisedasbelow:`
`Value`	`NumberofAwards`
`Academicscholarships`	`£391,621`	`73`
`Bursaries`	`£965,905`	`74`
`Remissions`	`£856,028`	`211`

`Bankers`	`LloydsBankplc`
	`BeaumontHouse`
	`PhoenixWay`
	`SwanseaEnterprisePark`
	`Swansea`
	`SA79DL`
`Solicitors`	`Redkite`
	`48FreeStreet`
	`Brecon`
	`LD37BN`
`Insurancebrokers`	`CreativeRiskSolutions`
	`Pod1`
	`CapitalShoppingPark`
	`LeckwithRoad`
	`Cardiff`
	`CF118EG`
`Auditors`	`CroweU.K.LLP`
	`BlackCountryHouse`
	`RoundsGreenRoad`
	`Oldbury`
	`WestMidlands`
	`B692DG`

		`Unrestricted`	`Restricted`	`Endowment`		`TOTAL`	`TOTAL`
`Group`	`Note`	`funds`	`funds`	`funds`		`2025`	`2024`
		`£`	`£`	`£`		`£`
`Donationsandlegacies`	`3`	`25,824.74`	`24,403.00`	`1,715.67`		`51,943.41`	`117,449`
`Charitableactivities`	`4`	`7,495,500`				`7,495,500`	`8,523,128`
`ChristCollegeHolidayActivitiesLtd`	`16`	`455,042`				`455,042`	`312,949`
`Othertradingactivities`	`5`	`205,416`				`205,416`	`173,562`
`1541Ltd`	`16`	`41,096`				`41,096`	`163,043`
`Investments`	`6`	`108,950`	`65,723`		`=`	`174,673`	`175,021`
`Otherincome`	`7`	`10,081`				`10,081`	`57,264`
		`8,341,910`	`90,126`	`1,716`		`8,433,752`	`9,522,416`
`Expenditureon:`
`RaisingFunds`	`8`	`96,711`				`96,711`	`100,403`
`CCHA`	`16`	`299,978`				`299,978`	`185,526`
`1541Ltd`	`16`	`(120,026)`				`(120,026)`	`196,543`
`CharitableActivities`	`9`	`8,654,441`	`76,210`		`.`	`8,730,651`	`8,759,590`
`Totalexpenditure`		`8,931,104`	`76,210`		`-`	`9,007,314`	`9,242,063`
`Net(expenditure)/income`		`(589,194)`	`13,916`	`1,716`		`(573,562)`	`280,353`
`Netgains/(losses)on`
`investments`	`15`	`185,366`	`(296,772)`	`(45,169)`		`(156,575)`	`578,071`
`Netmovementinfunds`		`(403,828)`	`(282,857)`	`(43,453)`		`(730,137)`	`858,424`
`ReconciliationofFunds`	`23`
`TotalFundsbroughtforward`	`24,25`	`14,385,601`	`1,817,048`	`805,682`		`17,008,331`	`16,149,904`
`TotalFundscarriedforward`	`26`	`13,981,773`	`1,534,191`	`762,229`		`16,278,193`	`17,008,328`

		`Unrestricted`	`Restricted`		`Endowment`		`TOTAL`	`TOTAL`
`College`	`Note`	`funds`	`funds`		`funds`		`2025`	`2024`
		`£`	`£`		`£`		`£`	`£`
`Donationsandlegacies`		`25,825`	`24,403`		`1,716`		`51,943`	`117,449`
`Charitableactivities`		`7,495,500`		`-`		`-`	`7,495,500`	`8,523,128`
`Othertradingactivities`		`205,416`		`-`		`-`	`205,416`	`173,562`
`Investments`		`219,023`	`65,723`				`284,746`	`302,444`
`Otherincome`		`67,072`		`-`		`-`	`67,072`	`57,264`
		`8,012,837`	`90,126`		`1,716`		`8,104,678`	`9,173,846`
`Expenditureon:`
`RaisingFunds`		`96,711`					`96,711`	`100,403`
`CharitableActivities`		`8,654,441`	`76,210`			`-`	`8,730,651`	`8,759,590`
`Totalexpenditure`		`8,751,152`	`76,210`			`-`	`8,827,362`	`8,859,993`
`Net(expenditure)/income`		`(738,315)`	`13,916`		`1,716`		`(722,684)`	`313,853`
`Netgains/(losses)on`
`investments`	`15`	`185,366`	`(296,772)`		`(45,169)`		`(156,575)`	`578,071`
`Netmovementinfunds`		`(552,949)`	`(282,857)`		`(43,453)`		`(879,259)`	`891,924`
`ReconciliationofFunds`	`23`

`roup`
		`2025`		`2024(asrestated)`
	`Notes`	`£`	`£`	`£`	`£`
`Fixedassets`
`Tangibleassets`	`14`		`11,173,907`		`11,049,563`
`Investments`	`15`		`5,447,664`		`5,551,847`
			`16,621,571`		`16,601,410`
`Stocks`	`17`	`8,420`		`9,813`
`Debtors`	`18`	`815,088`		`319,622`
`cashatbankandinhand`	`19`	`3,242,534`		`4,508,539`
		`4,066,042`		`4,837,974`
`Liabilities:`
`Creditors:Amountsfallingdue` `withingoneyear`	`20`	`(2,872,282)`		`(2,554,566)`
`Netcurrentassets`			`1,193,760`		`2,283,408`
`Creditors:Amountsfallingdue`
`aftermorethanoneyear`
`Totalassetslesscurrentliabilities`			`17,815,331`		`18,884,818`
`Creditorsfallingdue` `aftermorethanoneyear`	`21`		`(1,537,138)`		`(1,876,487)`
`Totalnetassets`	`26`		`16,278,193`		`17,008,331`
`Thefundsofthechairty`
`Endowmentfunds`	`23`		`762,229`		`805,682`
`Restrictedincomefunds`	`24`		`1,534,191`		`1,817,048`
`Unrestrictedfunds`	`25`		`13,981,773`		`14,385,598`
`Totalcharityfunds`	`26`		`16,278,193`		`17,008,328`

		`2025`		`2024(as`	`restated)`
	`Notes`	`£`	`£`	`£`	`£`
`Fixedassets`
`Tangibleassets`	`14`		`11,173,907`		`11,049,563`
`Investments`	`15`		`5,448,665`		`5,552,848`
			`16,622,572`		`16,602,411`
`Debtors`	`18`	`901,983`		`449,065`
`cashatbankandinhand`	`19`	`2,958,881`		`4,376,555`
		`3,860,865`		`4,825,620`
`Liabilities:`
`Creditors:Amountsfallingdue`
`withinoneyear`	`20`	`(2,753,355)`		`(2,479,341)`
`Netcurrentassets`			`1,107,509`		`2,346,279`
`Creditors:Amountsfallingdue`
`aftermorethanoneyear`
`Totalassetslesscurrentliabilities`			`17,730,082`		`18,948,690`
`Creditorsfallingdue`
`aftermorethanoneyear`	`21`		`(1,537,138)`		`(1,876,487)`
`Totalnetassets`	`26`		`16,192,944`		`17,072,203`
`Thefundsofthecharity`
`Endowmentfunds`	`23`		`762,229`		`805,682`
`Restrictedincomefunds`	`24`		`1,534,191`		`1,817,048`
`Unrestrictedfunds`	`25`		`13,896,524`		`14,449,473`
`Totalcharityfunds`	`26`		`16,192,944`		`17,072,203`

			`2024`
`Cashflowsummary— yearended31August2025`	`2025`		`(restated)`
`Cashflowsfromoperatingactivities`
	`£`		`£`
`Netcash(usedin)/fromoperatingactivities`	`(663,062)`		`1,651,432`
`Cashflowsfrominvestingactivities`		`-`		`-`
`Dividends,interestandrentsfrominvestments`	`174,673`		`96,736`
`Proceedsfromthesaleofproperty,plantandequipment`
`Purchaseofproperty,plantandequipment`	`(699,048)`		`(993,951)`
`Proceedsfromsaleofinvestments`	`5,499,961`		`948,887`
`Purchaseofinvestments`	`(5,552,353)`		`(1,369,993)`
`Netcash(usedin)/frominvestingactivities`	`(576,767)`		`(1,318,321)`
`Repaymentsofborrowing`	`(26,176)`		`(33,945)`
`Cashinflowsfromnewborrowing`		`-`		`2`
`Receiptofendowment`		`-`		`-`
`Cashflowsfromfinancingactivities`	`(26,176)`		`(33,945)`
`Net(decrease)/increaseincashandcashequivalents`	`(1,266,005)`		`299,166`
`Cashinhand`	`3,242,534`		`4,508,539`
`Noticedepositslessthan3 months`		`=`		`é`
`Cashandcashequivalentsatbeginningofyear`	`4,508,539`		`4,209,373`
`Cashandcashequivalentsatendofyear`	`3,242,534`		`4,508,539`

	`Unrestricted`	`Restricted`	`Endowment`	`TOTAL`	`TOTAL`
`GroupandCollege`	`funds`	`funds`	`funds`	`2025`	`2024`
	`£`	`£`	`£`	`£`	`£`
`Donationsandlegacies`	`25,825`	`24,403`	`1,716`	`51,943`	`117,449`
	`25,825`	`24,403`	`1,716`	`51,943`	`117,449`

		`Unrestricted`	`Restricted`		`Endowment`	`TOTAL`
`GroupandCollege`		`funds`	`funds`		`funds`	`2025`
		`£`	`£`		`£`	`£`
`Donationsandlegacies`		`25,825`	`24,403`		`1,716`	`51,943`
		`25,825`	`24,403`		`1,716`	`51,943`
`INCOMEFROMCHARITABLE`		`ACTIVITIES`
	`Unrestricted`	`Restricted`	`Endowment`		`TOTAL`	`TOTAL`
	`finds`	`funds`	`funds`		`2025`	`2024`
`GroupandCollege`	`£`	`£`	`£`		`£`	`£`
`Feesandotherfees`
`receivable`	`7,253,712`	`-`		`-`	`7,253,712`	`8,150,539`
`Schooltripincome`	`175,181`	`-`		`-`	`175,181`	`301,049`
`Registrationfees`	`11,855`	`-`		`-`	`11,855`	`16,347`
`Examinationfees`	`54,751`	`-`		`-`	`54,751`	`55,046`
`InsuranceCommissions`	`-`	`-`		`-`	`-`	`147`
	`7,495,500`	`-`	`-`		`7,495,500`	`8,523,128`

	`2025`	`2024`
	`£`	`£`
`Boarders`	`3,885,828`	`5,367,102`
`FlexibleBoarders`	`693,601`	`829,839`
`ExtendedDaypupils`	`42,287`	`138,918`
`Daypupils`	`3,802,121`	`3,564,693`
`Musicandtuitions`	`43,099`	`40,801`
`EALincome/internationalschool`	`939,552`	`228,256`
`Otherfeeincome`	`57,420`	`234,475`
`Pupilhostingscheme`	`3,358`	`7,440`
	`9,467,266`	`10,411,524`

	`2025`	`2024`
	`No.`	`No.`
`Boarders`	`130`	`153`
`Flexibleboarders`	`27`	`29`
`Daypupils`	`214`	`203`
	`371`	`385`

	`Unrestricted`	`Restricted`	`Restricted`	`Endowment`	`Endowment`	`TOTAL`	`TOTAL`
`GroupandCollege`	`finds`	`funds`		`funds`		`2025`	`2024`
	`£`		`£`	`£`		`£`	`£`
`Rent`	`25,076`		`-`		`-`	`25,076`	`15,985`
`Minibusincome`	`180,340`		`-`		`-`	`180,340`	`157,577`
	`205,416`		`-`		`-`	`205,416`	`173,562`
	`Unrestricted`		`Restricted`	`Endowment`		`TOTAL`		`TOT`
`GroupandCollege`	`finds`		`funds`		`funds`	`2025`		`202`
	`£`		`£`		`£`	`£`		`£`
`Rent`	`25,076`			`-`	`-`	`25,076`		`15,985`
`Minibusincome`	`180,340`			`-`	`-`	`180,340`		`157,57`
	`205,416`			`-`	`-`	`205,416`		`173,56`
`INCOMEFROMINVESTMENTS`
	`Unrestricted`	`Restricted`	`Endowment`			`TOTAL`	`TOTAL`
	`finds`	`funds`		`funds`		`2025`	`2024`
`Group`	`£`	`£`		`£`		`£`	`£`
`interestincome`	`91,978`		`-`	`-`	`91,978`		`78,282`
`Dividendincome`	`16,972`	`65,723`		`-`	`82,695`		`96,739`
	`108,950`	`65,723`		`-`	`174,673`		`175,021`
	`Unrestricted`	`Restricted`	`Endowment`			`TOTAL`	`TOTAL`
	`finds`	`funds`		`funds`		`2025`	`2024`
`College`	`£`	`£`		`£`		`£`	`£`
`interestincome`	`91,978`		`-`	`-`	`91,978`		`78,282`
`Dividendincome`	`16,972`	`65,723`		`-`	`82,695`		`96,739`

	`Unrestricted`	`Restricted`		`Endowment`		`TOTAL`	`TOTAL`
`Group`	`funds`	`funds`		`funds`		`2025`	`2024`
	`£`	`£`		`£`		`£`	`£`
`Sundryincome`	`10,081`		`-`		`-`	`10,081`	`57,264`
	`10,081`		`-`		`-`	`10,081`	`57,264`
	`Unrestricted`	`Restricted`		`Endowment`		`TOTAL`	`TOTAL`
`College`	`funds`	`funds`		`funds`		`2025`	`2024`
	`£`	`£`		`£`		`£`	`£`
`Sundryincome`	`10,081`		`-`		`-`	`10,081`	`57,264`
`Intercompanyincome`	`56,991`		`-`		`-`	`56,991`
	`67,072`		`-`		`-`	`67,072`	`57,264`

`GroupandCollege`						`TOTAL`	`TOTAL`
	`Staff`	`costs`	`Other`	`Depreciation`		`2025`	`2024`
		`£`	`£`	`£`		`£`	`£`
`RaisingFunds`		`73,238`	`23,473`	`-`		`96,711`	`100,403`
		`73,238`	`23,473`	`-`		`96,711`	`100,403`
`9.EXPENDITUREON`	`CHARITABLEACTIVITIES`
						`TOTAL`	`TOTAL`
		`Staff`
		`costs`	`Other`	`Depreciation`		`2025`	`2024`
`GroupandCollege`		`£`	`£`	`£`		`£`	`£`
`Teachingcosts`		`3,459,633`	`168,670`	`55,092`		`3,683,395`	`3,565,600`
`Schooltrip`
`expenditure`		`-`	`172,451`		`-`	`172,451`	`292,996`
`Welfare`		`103,200`	`1,129,902`	`11,883`		`1,244,986`	`1,232,031`
`Premises`		`795,671`	`991,917`	`473,424`		`2,261,011`	`2,221,336`
`Admin`		`594,775`	`715,490`	`21,605`		`1,331,870`	`1,306,141`
`Financingandother`	`costs`	`-`	`36,371`		`-`	`36,371`	`66,973`
`Governance`		`-`	`567`		`-`	`567`	`74,513`
		`4,953,279`	`3,215,368`	`562,004`		`8,730,651`	`8,759,590`

	`Total`	`Total`
`Group`	`2025`	`2024`
	`£`	`£`
`Auditorsfees`	`42,020`	`24,500`
`Other`
`fees`	`9,940`	`7,500`
	`51,960`	`32,000`
`College`
`Auditorsfees`	`29,800`	`17,000`
`Other`
`fees`	`9,940`	`7,500`
	`39,740`	`24,500`

	`Total`	`Total`
	`2025`	`2024`
`Group`	`£`	`£`
`Legalandprofessionalfees`	`72,683`	`42,513`
`Audit andaccountancyfees`	`51,960`	`32,000`
`College`
`Legalandprofessionalfees`	`72,683`	`42,513`
`Audit andaccountancyfees`	`39,740`	`24,500`

	`2025`	`2024`
`GroupandCollege`	`£`	`£`
`WagesandSalaries`	`3,915,201`	`3,745,249`
`Socialsecurity`
`costs`	`415,255`	`369,335`
`Pensioncosts- teaching`	`676,642`	`579,293`
`Pensioncosts- non-teaching`	`169,490`	`148,187`
	`5,176,588`	`4,842,064`


`£60,001`	`to`
`£69,999`			`1`	`1`
`£70,000`	`to`
`£79,999`			`3`	`2`
`£80,000`	`to`
`£89,999`			`1`	`L.`
`£90,000`	`to`
`£99,999`			`O&O`	`oO`
`£100,000` `£110,000` `£120,000`	`to` `to` `to`	`£109,999` `£119,000` `£129,999`	`OF` `OC`	`OOO`
`£130,000`	`to`	`£139,999`	`aA\\|o`	`Ul`

	`TOTAL`	`TOTAL`
	`2025`	`2024`
	`No`	`No`
`Teachers& TeachingSupport`	`65`	`64`
`AdministrativeandWelfareSupport`	`28`	`28`
`Estates& Transport`	`21`	`20`
`Domestics`	`20`	`22`
	`134`	`134`

`CHRISTCOLLEGEBRECON`	`NOTESTOTHECONSOLIDATEDFINANCIALSTATEMENTS`	`FOR THEYEARENDED31AUGUST2025`	`14.` `TANGIBLEFIXEDASSETS`	`Freehold` `Other`	`landand` `Allweather` `Furnitureand` `Motor` `leased` `Assetsunder`	`GroupandCollege` `buildings` `pitch` `equipment` `vehicles` `assets` `construction` `TOTAL`	`£` `£` `£` `£` `£` `£` `£`	`Cost`	`Asat1 September2024` `19,143,361` `284,320` `1,729,173` `273,096` `199,628` `622,571` `22,252,148`	`Additions` `-` `-` `85,627` `7,200` `:` `606,221` `699,048`	`Disposals` `(21,360)` `7` `(615,442)` `(3,100)` `-` `-` `(639,902)`	`Asat31August2025` `19,122,001` `284,320` `1,199,358` `277,196` `199,628` `1,228,792` `22,311,294`	`Depreciation`	`Asat1 September2024` `9,540,652` `34,750` `1,291,290` `136,265` `199,627` `-` `11,202,585`	`Chargeforyear` `398,546` `18,955` `103,632` `40,871` `-` `-` `562,004`	`Disposals` `(12,016)` `-` `(612,085)` `(3,100)` `-` `-` `(627,201)`	`Asat31August2025` `9,927,182` `53,705` `782,836` `174,036` `199,627` `=` `11,137,387`	`Netbookvalue`	`31-Aug-25` `9,194,819` `230,615` `416,522` `103,159` `-` `1,228,792` `11,173,907`	`31-Aug-24` `9,583,755` `268,524` `437,883` `136,830` `-` `622,571` `11,049,563`

`Carrying(fair)valueatthebeginningofperiod`	`2025`
`Group`
`Carrying(fair)valueatbeginningofperiod`	`5,551,847`
`Add:additionstoinvestmentsduringperiod`	`5,552,353`
`Less:disposalsatcarryingvalue`	`(5,454,218)`
`Add/(deduct):netgain/(loss)onrevaluation`	`(156,575)`
`Dealingaccount`	`(45,743)`
`Carrying(fair)valueatendofyear`	`5,447,664`
`College`
`Carrying(fair)valueatbeginningofperiod`	`5,552,848`
`Add:additionstoinvestmentsduringperiod`	`5,552,353`
`Less:disposalsatcarryingvalue`	`(5,454,218)`
`Add/(deduct):netgain/(loss)onrevaluation`	`(156,575)`
`Dealingaccount`	`(45,743)`
`Carrying(fair)valueatendofyear`	`5,448,665`


	`Fairvalue`		`Fairvalue`
		`Bookcost`		`Bookcost`
	`£`	`£`		`£`
`Cashorcashequivalents`	`1,037,359`	`1,037,359`	`418,494`	`418,494`
`Listedinvestments`	`4,410,306`	`5,552,353`	`5,133,353`	`4,062,994`
`Investmentintradingsubsidiaries`	`1,001`	`1,001`	`1,001`	`1,001`
	`5,448,665`	`4,109,738`	`5,552,848`	`4,482,489`

	`2025`		`2024`
	`%`		`%`
`Unrestricted`		`58`		`55`
`Endowment`		`14`		`15`
`Restricted`		`28`		`30`
		`100`		`100`

	`2025`		`2024`
`Profitandlossaccount:`	`£`		`£`
`Turnover`	`455,042`		`312,949`
`RechargestoChristCollegeBrecon`		`-`		`-`
`Expenditure`	`(200,943)`		`(122,070)`
`RechargesfromChristCollegeBrecon`	`(144,026)`		`(63,456)`
`ProfitfortheYear`	`110,073`		`127,423`
`StatementofChangesinEquity`
`Balancebroughtforward`	`3,572`		`3,572`
`Profitandtotalcomprehensiveincomefortheperiod`	`130,343`		`127,423`
`Distributionstoparentcharityundergiftaid`	`(130,343)`		`(127,423)`
`Balancecarriedforward`	`3,572`		`3,572`
`BalanceSheet`
`Currentassets`	`314,210`		`224,428`
`Currentliabilities`	`(310,638)`		`(220,856)`
`Capitalandreserves`	`3,572`		`3,572`

	`2025`	`2024`
`Profitandlossaccount:`	`£`	`£`
`Turnover`	`41,096`	`150,000`
`Expenditure`	`138,070`	`(153,926)`
`RechargestoChristCollegeBrecon`	`(30,045)`	`(29,574)`
`ProfitfortheYear`	`149,121`	`(33,500)`
`StatementofChangesinEquity`
`Balancebroughtforward`	`(66,443)`	`(32,943)`
`Profitandtotalcomprehensiveincomefortheperiod`	`149,121`	`(33,500)`
`Balancecarriedforward`	`82,679`	`(66,443)`
`BalanceSheet`
`FixedandCurrentassets`	`204,882`	`23,966`
`Currentliabilities`	`(122,204)`	`(90,409)`
`Capitalandreserves`	`82,679`	`(66,443)`

`18.DEBTORS`
	`Group`		`College`
	`2025`	`2024`	`2025`	`2024`
	`£`	`£`	`£`	`£`
`Tradedebtors`	`326,159`	`71,294`	`16,508`	`(35,302)`
`Prepaymentsand` `accruedincome`	`488,930`	`240,421`	`486,808`	`240,421`
`Otherdebtors`		`7,906`		`7,906`
`Balancesduefrom`
`group`			`398,667`	`236,039`
`undertakings`
	`815,088`	`319,622`	`901,983`	`449,065`
`19.CASHATBANKANDINHAND`
	`Group`		`College`
	`2025`	`2024`	`2025`	`2024`
	`£`	`£`
`Cashatbankandon` `hand`	`3,242,534`	`4,508,539`	`2,958,881`	`4,376,555`
	`3,242,534`	`4,508,539`	`2,958,881`	`4,376,555`


	`2025`	`2024`	`2025`	`2024`
`Bankloans`	`34,350`	`41,645`	`34,350`	`41,645`
`Tradecreditors`	`681,175`	`316,278`	`529,490`	`264,378`
`Accrualsand` `deferredincome`	`1,783,811`	`1,999,078`	`2,116,425`	`1,991,578`
`Taxationandsocial` `security`	`333,333`	`113,692`	`(111,586)`	`97,866`
`Othercreditors`	`39,614`	`83,877`	`184,649`	`83,874`
`Balancesowingto` `Groupundertakings`			`27`
	`2,872,282`	`2,554,570`	`2,753,355`	`2,479,341`

	`GroupandCollege`
	`2025`	`2024`
	`£`	`£`
`Bankloans`	`652,664`	`671,545`
`Deferredincome`	`884,474`	`1,204,942`
	`1,537,138`	`1,876,487`

	`2025`	`2024`
`Groupand`	`¢`	`c`
`College`
`Balanceatthe`
`startofthe`	`3,050,050`	`2,133,336`
`reportingperiod`
`Amountsaddedin` `;` `currentperiod`	`1,734,882`	`11,328,238`
`Amountsreleased`
`toincomefrom`	`(1,979,226)`	`(10,411,524)`
`previousperiods`
`Balanceattheend`
`ofthereporting`	`2,805,706`	`3,050,050`
`period`

	`Fess`	`a.` `paidinadvance`	`Final` `term` `:` `deposits`		`Michaelmas` `termfees`
	`2025`	`2024`	`2025`	`2024`	`2025`	`2024`
`Groupand`	`£`	`£`	`£`	`£`	`€`	`£`
`College`
`Within1 year`	`425,191`	`698,000`	`146,263`	`124,695`	`1,352,831`	`1,022,413`
`Within2-5years`	`519,478`	`789,046`	`290,443`	`245,209`	`-`	`-`
`After5 years`	`-`	`59,838`	`71,500`	`110,850`	`-`	`-`
	`944,669`	`1,546,884`	`508,206`	`480,754`	`1,352,831`	`1,022,413`
`Bankloans`

	`202` `025`	`2024` `(Restated)`
	`£`	`£`
`Repayablewithin` `oneyear`	`34,350`	`26,176`
`Repayable2-5` `years`	`144,568`	`138,916`
`Repayable5+` `years`	`508,096`	`545,548`
	`687,014`	`710,640`

	`At1`				`Transfers/`			`At31`
	`September`				`Reinvested`	`Gains`		`August`
`GroupandCollege`	`2024`	`Income`		`Expenditure`	`—funds`	`and`	`losses`	`2025`
	`£`	`£`		`£`	`£`		`£`	`£`
`BlackCat`	`64,176`		`-`				`(3,593)`	`60,583`
`OBAAward`	`39,773`		`-`				`(2,226)`	`37,547`
`DrHerdmanFund`	`244,597`		`-`				`(13,693)`	`230,904`
`EdwardEdwards`	`260,706`		`m`				`(14,595)`	`246,111`
`TheFriendsofChristCollege`
`Fund`	`57,754`		`-`				`(3,233)`	`54,521`
`Givingback fund`	`138,676`	`1,716`					`(7,829)`	`132,563`
	`805,682`	`1,716`					`(45,169)`	`762,229`

	`At1`					`Transfers/`	`Transfers/`		`At31`
`GroupandCollege`	`September`					`Reinvested`		`Gains`	`August`
`(Restated)`	`2023`		`Income`	`Expenditure`		`funds`		`andlosses`	`2024`
		`£`	`£`	`£`			`£`	`£`	`£`
`BlackCat`		`59,795`	`1,301`	`(3,783)`				`6,863`	`64,176`
`TheFriendsofChrist`
`CollegeFund`		`33,770`	`735`		`-`			`5,268`	`39,773`
`OBA Award`		`227,901`	`4,960`	`(14,421)`				`26,157`	`244,597`
`DrHerdmanFund`		`241,101`	`5,247`	`(13,314)`				`27,672`	`260,706`
`EdwardEdwards`		`53,813`	`1,171`	`(3,406)`				`6,176`	`57,754`
`GivingBackFund`		`129,043`	`2,808`	`(7,986)`				`14,811`	`138,676`
		`745,423`	`16,222`	`(42,910)`				`86,947`	`805,682`
`24.` `RESTRICTEDFUNDS`
	`At`	`1`				`Transfers/`			`At31`
	`September`					`Reinvested`			`August`
	`2024`		`Income`	`Expenditure`		`funds`		`Gainsandlosses`	`2025`
`GroupandCollege`		`£`	`£`	`£`		`£`		`£`	`£`
`Scholarshipfunds`		`185,219`	`480`	`-`			`-`	`(15,832)`	`169,867`
`PrizeFunds`		`75,704`	`2,500`	`-`		`(74,642)`		`(1,062)`	`2,500`
`Bursaryfunds`		`785,890`	`85,181`	`-`			`-`	`(154,247)`	`716,824`
`SirBarrieandLadyStephens`
`scholarship`
`fund`		`367,404`	`-`	`-`			`-`	`(31,429)`	`335,976`
`PeterLloydbequest`		`314,411`	`-`	`-`			`-`	`(26,896)`	`287,515`
`ChapelandHeritageFund`		`21,865`	`1,965`	`(9,655)`			`-`	`7,336`	`21,511`
`Pavilionproject`		`66,555`	`-`	`(66,555)`			`-`	`-`	`-`
	`1,817,048`		`90,126`	`(76,210)`		`(74,642)`		`(222,130)`	`1,534,191`

`PreviousYear(restated)`
	`Atl`					`Transfers/`					`Restatedat`
	`September`					`Reinvested`		`Gainsand`	`lossesas`		`31August`
	`2023`	`Income`		`Expenditure`		`funds`		`restated`			`2024`
`GroupandCollege`	`£`	`£`		`£`		`£`		`£`			`£`
`Scholarshipfunds`	`164,132`		`-`		`-`		`-`		`21,087`		`185,219`
`PrizeFunds`	`60,203`		`-`	`(4,393)`			`-`		`19,894`		`75,704`
`Bursaryfunds`	`255,172`	`83,685`		`(18,691)`		`21,147`			`444,577`		`785,890`
`KelvinBryonBursary`	`66,217`			`(77,354)`			`-`		`11,137`			`-`
`SirBarrieandLadyStephens`
`scholarship`
`fund`	`317,853`		`-`	`(3,910)`			`-`		`53,461`		`367,404`
`PeterLloydbequest`	`226,951`		`-`		`-`				`87,460`		`314,411`
`Powelldonation`	`21,885`		`=`	`(738)`		`(21,147)`				`-`		`-`
`ChapelandHeritageFund`	`613`	`10,407`		`(2,255)`			`-`		`13,100`		`21,865`
`Pavilionproject`	`39,354`	`1,873`			`-`		`-`		`25,328`		`66,555`
	`1,152,380`	`95,965`		`(107,341)`			`-`		`676,044`		`1,817,048`

			`At1`									`At`
			`September` `2024`		`Income`		`.` `Expenditure`		`Transfers`		`Gai` `d` `ainsan` `losses`	`Bias` `h` `t` `st` `Augus` `2025`
`Group`			`£`		`£`		`£`		`£`		`£`	`£`
`Foundation`			`2,929,117`		`36,939`				`74,642`		`110,724`	`3,151,243`
`General`
`funds`			`11,456,484`		`8,304,971`		`(8,930,925)`		`(74,642)`		`74,642`	`10,830,530`
			`14,385,601`		`8,341,910`		`(8,931,104)`		`-`		`185,366`	`13,981,773`
			`At1 September`									`At`
`College`				`2024`	`Income`		`.` `Expenditure`		`Transfers`		`Gainsand` `losses`	`31stAugust` `2025`
			`£`			`£`			`£`		`£`	`£`
`Foundation`			`2,929,117`			`36,939`		`(179)`	`74,642`		`110,724`	`3,151,243`
`General`
`funds`			`11,520,356`			`7,975,897`	`(8,750,973)`			`-`		`10,745,280`
			`14,449,473`			`8,012,837`	`(8,751,152)`		`74,642`		`317,939`	`13,896,524`
`Previous`	`year`
	`At`	`1`	`September`								`Gains`	`At31st`
			`2023`		`Income`	`Expenditure`			`Transfers`		`and` `losses`	`August` `2024`
`Group`			`£`		`£`		`£`		`£`		`£`	`£`
`Foundation`			`1,776,216`		`105,721`		`(1,550)`		`730,791`		`317939`	`2,929,117`
`General`
`funds`			`12,475,884`	`9,304,506`		`(9,090,260)`			`(730,791)`		`-`	`11,456,484`
			`14,252,100`	`9,410,227`		`(9,091,810)`			`-`		`317,939`	`14,385,601`
`College`
`Foundation`			`1,776,216`		`105,721`		`(1,550)`		`730,791`		`317,939`	`2,929,117`
`General`
`funds`			`12,003,402`	`8,955,936`				`(8,708,191)`			`(730,791)`	`11,520,356`
			`13,779,618`	`9,061,657`			`(1,550)`	`(7,977,400)`			`(412,852)`	`14,449,473`

`Group`
				`Net`
	`Fixed`			`Current`	`Longterm`
	`Assets`		`Investments`	`Assets`	`liabilities`		`TOTAL`
	`£`		`£`	`£`	`£`		`£`
`EndowmentFunds`			`762,229`	`1,996`		`-`	`764,225`
`RestrictedFunds`			`1,534,191`	`288,674`			`1,822,865`
`UnrestrictedFunds`								`-`
`Generalfunds`	`11,173,907`		`3,151,244`	`903,090`	`(1,537,138)`		`13,691,103`
	`11,173,907`		`5,447,664`	`1,193,760`	`(1,537,138)`		`16,278,193`
`College`
				`Net`
	`Fixed`			`Current`	`Longterm`
	`Assets`		`Investments`	`Assets`	`liabilities`		`TOTAL`
	`£`		`£`	`£`	`£`		`£`
`EndowmentFunds`		`-`	`762,229`	`1,996`		`-`	`764,225`
`RestrictedFunds`		`-`	`1,534,191`	`288,674`		`-`	`1,822,865`
`UnrestrictedFunds`								`-`
`Generalfunds`	`11,173,907`		`3,152,244`	`816,840`	`(1,537,138)`		`13,605,853`
	`11,173,907`		`5,448,665`	`1,107,509`	`(1,537,138)`		`16,192,944`

				`Net`
	`Fixed`			`Current`			`Longterm`
	`Assets`		`Investments`	`Assets`			`liabilities`		`TOTAL`
	`£`		`£`	`£`			`£`		`£`
`EndowmentFunds`		`-`	`805,682`		`-`		`-`		`805,682`
`RestrictedFunds`		`-`	`1,817,048`		`-`		`-`		`1,817,048`
`UnrestrictedFunds`		`-`	`-`		`-`		`-`		`-`
`Generalfunds`	`11,049,563`		`2,929,117`	`2,283,408`			`(1,876,487)`		`14,385,601`
	`11,049,563`		`5,551,847`	`2,283,408`			`(1,876,487)`		`17,008,331`
`Previousyear`
`College`
				`Net`
	`Fixed`			`Current`			`Longterm`
	`Assets`		`Investments`	`Assets`			`liabilities`		`TOTAL`
`EndowmentFunds`			`805,682`			`-`		`-`	`805,682`
`RestrictedFunds`			`1,817,048`						`1,817,048`
`UnrestrictedFunds`										`-`
`Generalfunds`	`11,049,563`		`2,930,118`	`2,346,279`			`(1,876,487)`		`14,449,473`
	`11,049,563`		`5,552,848`	`2,346,279`			`(1,876,487)`		`17,072,203`

`FinancialAssets`	`FinancialAssets`
`e`	`Investmentsheldatfairvaluethroughprofitorloss`
	`whichincludesinvestmentfundsheldonDeposit`	`£5,447,664`
`e`	`Cashandcashequivalents`	`£3,242,534`
`e`	`Tradeandotherreceivables`	`£879,480`
`FinancialLiabilities`
`e`	`Bankloans(variablerate)measuredatamortisedcost`	`£687,014`
`e`	`Tradeandotherpayables`	`£3,744,039`

`32.` `RECONCILIATIONOFNET`	`32.` `RECONCILIATIONOFNET`	`32.` `RECONCILIATIONOFNET`	`INCOME/(EXPENDITURE)`	`INCOME/(EXPENDITURE)`	`TONETCASHFLOW`	`FROMOPERATING`	`ACTIVITIES`
		`2025`		`2024`
`Group`	`£`		`£`
`Netincomeforthe`	`(730,137)`		`858,424`
`reportingperiod`
`Adjustmentsfor:`
`Depreciationcharges`		`562,004`	`561,720`
`(Gains)/losseson` `investments` `Divi` `.` `ividends,interestand`	`156,575` `(174,673)`		`(580,536)` `(96,739)`
`rentsfrominvestments`
`Loss/(profit)onthesale`		`12,701`	`;`
`offixedassets`
`(Increase)/decreasein`		`1,393`		`3,700`
`stocks`
`(Increase)/decreasein`	`(495,466)`		`(80,754)`
`debtors`		`’`		`’`
`Increase/(decrease)in`		`4,543`	`985,616`
`creditors`
`Net cashprovidedby` `.` `cA` `Operatingactivities`			`(663,062)`		`1,651,431`
`Analysisofchangesinnet`		`debt`
						`Other`
`Group`	`Openin` `P` `6` `balance`		`Cash-flows`		`Interest` `charges`	`non` `cash` `changes`	`Palsniee` `carried` `forward`
		`£`	`£`		`£`	`£`	`£`
`Cash`	`4,508,539`		`(1,266,005)`		`-`	`-`	`3,242,534`
	`4,508,539`		`(1,266,005)`		`2`	`z`	`3,242,534`
`Bankloans`
`fallingdue` `withinone`		`(41,645)`				`7,295`	`(34,350)`
`year`
`Bankloans`
`fallingdue` `aftermore`	`(138,916)`		`128,765`		`17,446`	`(7,295)`	`0`
`thanoneyear`
`Financelease`			`.`		`;`	`.`	`.`
`obligations`
`Total`	`4,327,977`		`(1,137,240)`		`17,446`	`(¢)`	`4,168,100`
				`52`

`College`			`Opening` `balance`		`Cash-` `flows`		`Interest` `charges`		`Other` `non-` `cash` `changes`		`Balance` `.` `carried` `forward`
			`£`		`£`		`£`		`£`		`£`
`Cash`			`4,209,373`		`671,917`			`-`		`-`	`4,881,291`
			`4,209,373`		`671,917`			`-`		`-`	`4,881,291`
`k` `ing` `Bark:jeuneFalling` `withinoneyear`	`d`	`tue`	`(33,943)`			`-`		`-`	`(7,701)`		`(41,645)`
`Bankloansfalling`	`due`
`aftermorethan`	`one`		`(713,190)`		`16,497`		`17,446`		`7,701`		`(671,545)`
`year`
`Financelease`				`-`		`;`		`;`		`;`		`;`
`obligations`
`Total`			`3,454,538`		`972,020`		`27,466`			`-`	`4,168,100`

	`Unrestricted`	`Restricted`	`Endowment`	`Total`
`Group`	`funds`	`funds`	`funds`
				`2025`
	`£`	`£`	`£`	`£`
`Incomeandendowments`
`from:`
`Donationsandlegacies`	`47,621`	`69,828`	`-`	`117,449`
`Charitableactivities`	`8,523,128`	`-`	`-`	`8,523,128`
`ChristCollegeHolidayActivities` `Limited`	`312,949`	`-`	`-`	`312,949`
`Othertradingactivities`	`173,562`	`-`	`-`	`173,562`
`1541Limited`	`163,043`	`-`	`-`	`163,043`
`Investments`	`132,661`	`26,137`	`16,223`	`175,021`
`Otherincome`	`57,264`	`6)`	`0`	`57,264`
`Totalincomeandendowments`	`9,410,228`	`95,965`	`16,223`	`9,522,416`
`Expenditureon:`
`Raisingfunds`	`100,403`	`-`	`-`	`100,403`
`Charitableactivities`	`185,526`	`-`	`-`	`185,526`
`ChristCollegeHolidayActivities` `Limited`	`196,543`	`-`	`-`	`196,543`
`1541Limited`	`8,609,339`	`107,341`	`42,911`	`8,759,590`
`Totalexpenditure`	`9,091,811`	`107,341`	`42,911`	`9,242,063`
`Netgains/(losses)on` `investments`	`317,939`	`173,421`	`86,711`	`578,071`
`Netmovementinfunds`	`636,356`	`162,046`	`60,023`	`858,424`
`ReconciliationofFunds`
`Totalfundsbroughtforward`	`14,252,101`	`1,152,380`	`745,423`	`16,149,904`
`Totalfundscarriedforward`	`14,888,457`	`1,314,426`	`805,446`	`17,008,328`

`33.` `COMPARATIVESTATEMENT`	`OFFINANCIAL`	`ACTIVITIES(continued)`
	`Unrestricted` `funds`	`Restricted`	`Endowment` `funds`	`Total`
`College`		`funds`		`2025`
	`£`	`£`	`£`	`£`
`Incomeandendowmentsfrom:`
`Donationsandlegacies`	`47,621`	`69,828`	`=`	`117,449`
`Charitableactivities`	`8,523,128`	`-`	`7`	`8,523,128`
`Othertradingactivities`	`173,562`	`#`	`=`	`173,562`
`Investments`	`260,083`	`26,137`	`16,223`	`302,444`
`Otherincome`	`57,264`	`-`	`=`	`57,264`
`Totalincomeandendowments`	`9,061,658`	`95,965`	`16,223`	`9,173,846`
`Expenditureon:`
`Raisingfunds`	`100,403`	`-`	`-`	`100,403`
`Charitableactivities`	`8,609,339`	`107,341`	`42,911`	`8,759,590`
`Totalexpenditure`	`8,709,742`	`107,341`	`42,911`	`8,859,993`
`Netgains/(losses)on` `investments`	`317,939`	`173,421`	`86,711`	`578,071`
`Netmovementinfunds`	`669,855`	`162,046`	`60,023`	`891,924`
`ReconciliationofFunds`
`Totalfundsbroughtforward`	`14,282,477`	`1,152,380`	`745,423`	`16,180,280`
`Totalfundscarriedforward`	`14,952,332`	`1,314,426`	`805,446`	`17,072,204`