REGISTERED COMPANY NUMBER: 895208 (Englond and Wal051 REGISTERED CHARITY NUMBER: 525915 Rèport of ihe Tvusle¢s Finan¢lul Si•t•m•nts for th• End•d 31 Augv¥t 2025 for Ryl•y¥ S¢hool Llrnltod ITh•l Haris Llmlied Chorlered Accountants ond Stolvtory Auditors Westmln5ter House l O Westmlnsier Road Maccle51ield Cheshira SKIO IBX
yl•ys S<hool LiMlt¢d (Thé) Conlents of ihe Finatttiql 514lemot)ts fov the Y•41 Endod 31 AugV5t 2025 Pttgg R•p•rl of Iho Trust9•8 R•ptsil of th• Ind•pènd•nt Audilors Stgtoment of Finan¢iol Adivitr•s Bulonc• She¢t Ctssh Flow Stut•M•nl Notos to th• Cush Flow Slatemerbl N•hs l• th• Finun¢ial Stsi•Monls 13 10 23 D¢lqil•d Slol•m•NI of Flnon¢lal A¢li¥ili•s 24 to 25
ylèys S<h••l Limihd (The) R•port Of the TFvslao5 lov ih• Y•ar Ended 31 Avgusl 2025 The trustee$ who ore 0150 direeiors ol ihe chority for the purposes of ihe Componies Aci 2006, present their report wlth the financial 5tatemerfs of the <haTlty for the yeur ended 31 Augvst 2025. Th¢ trustees hove odopiod the provlsions of AccolIng ond Reportlng by Chorltlesi Statem8nl of Recommended Practlce oppllcable to tharllies preporlng their occounls In a¢¢grdance with ihe Flnancial Reporting Strondord upplicable in the UK und Republsc of Ireland IFRS 1021 (effective l Jonvary 20191. REFERENCE AND ADMINISTRATIVE DETAILS ReglSt•r*d Company nVMb¢r 00895208 (Englond and Wal851 Regisleied Churity numb•1 525915 Regisl•red offi¢¢ Ryley5 LaTre Alderley Edge Cheshire SK9 7UY Tru%l8aS M G benson l A Brown A Hud%on J M Lorl-Limond (resigned 31.10.2SI G A Silvérlock M Knight ltsppolnied 7.11.241 T Bennett (appointed 7.11.241 F I'Ansgn loppointed 7.11.241 Compuny Sefr•tory A D Jontrs Ir8slgned 31.8.251 K Watson ltsppointed 1.9.251 Audllors Horls Limlted Chortered Accovntants and Stotulory Audltors Wesimlnster House l O Westmlnster Road Muccl8sfield Che5hlr& SKIO IBX Bank•rs Notwost Bank PLC 4 Grove 5ireei Wilrnslow Che$hlre SK9 IEJ Bank of Scotland PO Box l 000 8x2 ILB Solititor8 DWF I Scotl Plo¢e 2 Hurdmon Sir¢¢t Manchesier M3 3AA Poge I
yl•y$ 5¢hool Limited lThvl R•p•rt of th• Ttuste•s lor th• Y•or Ended 31 Augvsl 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Gov8rnlng docvm•nt The charity is controll•d by Its mmor¥ndvm and articles of u550clotlon ond constltvt¢s a limlted eomponyi Ilmlped by shore% os defined by the Companles Act 2006. Indu¢lion and Iruining of new Irv$1••6 New 9overnors ore el¢cted by the Board of Govem¢rs and 1n1r0de io the workings of th• School, the Compony ond Charlty tst an Inductl Dl801ing arranged by the Chrjlr ¢f Governors, Head Tea¢her and Schocl Bus5ness Monoger. Cgples ol uppropricJt• d¢xumentroilon arfr provid¢d, and tralning is provided. Govérn?rs arè druwn from o wide 5preod of profe5$1onol bu55nes$ and other backgrounds whll$t malnialnifig o mlx ol genders. OryonisatiQn¢fl 5trutlur• The Governlng Body meot regvlorly and d?lermlne generol poll¢y of the sthool. Speclllc areu$ ol buslness Ure delegated to subCommiTtee$ whlch meet regularly throughovt the y¢or. The H¢od Teacher and the School 8usine5S Monoger are responsible, in o$$ociatlon with the senlor monogemenl team, for Ihe day to day montsgemenf of he xhool. Tho Ryléy5 Sthool hus o c105e relotionship with Alderley Ploy5ng Field$ Llmlted whlch owns the playlng fields ihtst orè v5ed by the $d)ool. The Iwo entltle$ ure relotod partles due to Ihe common trusleo$ in pluce. riisk m4rbttg•monl The Governors have implemenled tsnd opproved proc$5e5 for Tisk monogement. Detolled ¢onsid•rtstion ond monagement of rlsks are delegated tro the Heod Toacher, School Buslnes5 Montsger and senior monagement leam wh¢ report to the Boord. The Governors are risk ¢onsciou5 gnd review the malo¥ risks thol the $ch¢ol ftsces gn u regulor basi5 and are $at15fied ihal the major rlsks ore managed and mitigoted ¢ an odeqvale exient. The Governors b¢lie¥e that the mointenonce of reservès ond tsn annu£Jl review ol the conlrol$ over key finonclal 5yslem$ should proylde $vfPicienl resovree5 in the event of adver$e condlllons. The Govemors reeogn15e thoi syst¢ms tan only proTrAde rea%onable bul not ub$¢)lut? assurtsnce% th¢Jt molor risks uro adeqvololy manoged. OBJECTIVES AND ACTIVITIES Obj•¢ttv•s and ulms The schL>oI's oblec15 are set out In Memororbdum and Artl¢les of A5%0¢1Ution und It5 prlnclpL71 udlvily contlwed to bo that ¢f the odvoncement of education through the running <Jnd tsdminlstrotion of o preporotory s¢ho01. The school aims for Ihtr hi9hesi qucllty ol academic tuitlon and the developmeni of wldo sportlng ortisli¢ tsnd 50clul $kills In all its pvplls. The 5cho¢l provides envlronment In whlch each pupil con deyelop fulfll hls or hor potentlol with Increased self- eonfidonce gnd on oworeness and erStodIng of Ik wider ¢ommuTrity. The xhool's immedlate beneflclories are the pupils whose ¢ttertdan¢e ai our fee-paying seh¢ol con be fded by por8nts1 gvordian5, s¢holar5hip$. bursarle$ or c ¢ombinatlon of these. locol commvnlty a150 b¢nefit5 by way of oc¢055 to the focllltles thot are made avuiloble In the Ways set our below. The 9¢ner(Tl publlc ore the uliirnate b¢nelicior5es ol the high-qugllty eduwtlonol servlcas prgv5dod by the 5th¢01 und Ihe gr¢aier aworeness of soc5ol volues that It generates In our pvplls. Slral¢9ie¥ tsAd oblè¢tiv¢s fot Ihe year The sehool continued to f¢cus on prèvidlng ull chlldren wlth ih• hlghost POS51L)l• stundord of education, together wlth unrlvolléd ¢xlra Currlcvlar provision In g ¢arlng envlronmenl. For 2024/2025 the governor$ 50vght io further dev¢lop the xhool's repulorion for extellence, whi15t noyigollng the e¢onomle hJrdle5 01 the inlrodudion Of VAT School lees from l Jonuary 2025, the removol of chorltoble busines$ rates rellef from the Indepondent schools, $tOr ond he imposition of hlgher Natlonul Insurance c¢)nlribvlions. Desplte iht5e ¢hollenges, It ha5 been o posltlve yetsr for ihe xhool. We have contlnved to b& on atlractfve choice for pulenis ond hove invslod in both our edvcoilonal provision und the fobrlc of the sthool. This hcjs Included the Quest platform, a new and Innovative 0$5essm•nt and trocking sy$tem %hith proYide5 un onhanc¢d picture of pupil performonco ond rlcher informotlon to porents regordlng Iheli chlld's progres5. Importantly we hove seen onother year of ¢vtstandlng I l + resvlts, wlth 7OOVo of pupi15 who look the Oxaffls belng offgred ot least Iwo of Iheir ¢hos•n 5chool$. We hove olso slr¢ngthened th• governlng boord wlth hlgh callbre praetltloners In education. finanee and bvslness. Gffjnt Mukiny Bursarie5 orè awarded at the dlscretiw of the Goveming body and ore means lostèd. Page 2
Ryleys S<h•ol Limil•d IThl
Rop•rt f41 lh• Tvv%lees
Foi the Yoar Ertdod 31 Auou$I 2025
REVIEW OF ACHIEVEMENT AND PERFORMANCE FOR THE YEAR
Op•r•ional p•rlormtsrt¢o of the $tho•l
The 2024125 acad•Mlc year begun in Sepember 2024 wlth 262 puplls on roll, conclvdln9 thè yeor on 280. reflecting
conlinued growth Irom the prtYlou$ year und demon$tratlng sustained demand for the xhool's off6rlng. The school
remains provdly co-educotiontsl ond non-sèle£ilve. welcoming pvpi15 Ir¢m a wide Ttsng8 of bockgrounds and abilili8S,
(md ¢ontinulng to dè1iv8r strong ouicomes ocross Ihe fvll ability spgdrum.
A<qd•mi¢ Performoh£o and Oul<om•s
Pvpll$ In Year 6 On agoin (schieved èxcellent outceme$ In the I l + exomlnations. A total 0139 offer5 wer• s•cvred
Irom leoding independent strcondury sthools, Including Monchester Grummar School, Stockport Grammar School. Th
King's School Macclesfleld, and Cheadle Hulme Sthool. Fcvr tsc14d¢mie xholarthips wtre ol%c+ UWaTdod, rofle
Ryl•ys S¢hool LiMil¢d ITh•l
Report of Iho Tvuslo•S
loi ih• Y•4r End•d 31 August 2025
REVIEW OF ACHIEVEMENT AND PERFORMANCE FOR THE YEAR ICONT'DI
Pupil Lèad•iship Wider Conlribvti•n
Puplly, portlculorly tknse In Yeur 6, continued io toke leudlng roles In differenl aspett5 Qf school Ilfe, moking Q po$itive
contrlbullon ¢Jnd bofftg role models for younger pupils.
The sdKsoI molntald it5 slrong commltment to thariloble ¢ngtsg¢ment, $vpporllng boih Ic¢ul und nollonal causes.
Fundralsin9 Inltlotlves Ih os the Harve$t F¢srlvol and Elf Run rolsed fund$ for organlsoiions inclvding Cuncér Researth
UK, E¢Jst Ch•shir• H05plc•. Th¥ Sthlvotlon Army. Brlght Mlnd$ and BBC Chilclren in Need. The sthg01 al became pari ol
th• Global Schoo15 Alliallcei P(lrtnerlng wlth a school in Brazil io encbltr pvp115 to experience o brooderi global
per5pedlve and engoge in shared octivllies.
Commvnlty Us• of Fo<ilities and Publi¢ Bènofil
In line with It$ £harltobl¢ objedlve5. the School conllnved to make 51$ 1o¢llltie5 ovollable io tho wider cL¥Thnunity. local
or9onlsotlons beneflitiry from ihis provision Included..
Alderley United Football Clvb lu$e of pitches)
Ald6rley Edg¢ H¢ckey Club IA$iroturf fu¢illtit51
L¢eul rowing clubs lswimmlng pool tralnlngl
Mlnl Sppris lyoulh aclivlty programrn8$1
AESG IA$iro ustsgel
The school's bursaiy 5dieme remain5 on importtsnt element of it$ publ[¢ boneflt eommltmenti providlng flnanclully o$51$ied
ploces lo puplls who would oiherwise be Mablo io a?$$ on Independent edutotlon
Eltatgs and Inffftslrv¢lvie
The sthool continu8$ lo Invest In Its physieal environrn&nt Ihrovgh a plunned programmo of mohtenctnce, repalr. ond
r•lurL•ishment. This en5vres thai faclllll•s remoin sufe. lil for purpose, ond Supportive tsf hlgh.qvolliy t?uching and
l¢ornln9.
Sumrn4iy
The Trv5fe?s ure pleased wlth th• schg01'5 contlnved progr¢s$ durlng the 2024125 acudeml¢ year. Growth In pupll
numbers. stron9 ocodenTrlc ovtwmos. ond a vibrtsnt ¢04urrScvltsr progr¥mme reflect the school's ongoin9 5vceess. The
5ch¢ol remolns well posllioned for fulure dev8lopment wh516 contlnvirvJ to deliver on Ils <h(Jrltable ob5ectlvés und
commitm•nt to educotlongl •xcellence.
PUBLIC BENEFIT
The Governors conflrrn thut they have, when and where ng¢essary tro do $0, puld regoid to the Charity Commis$loner'5
Guldan¢e on Public Benefit, und in porticulor to the $uppl?mentory Pvbllc Ben?fit Gvidance on odvan¢lng education and
on fèe-chorgin91 when considering und maklng Its
Ryleys S¢hr•ol Limited (Tho) Report of Tiust••s for th• Year Ertdod 31 Avgusl 2025 FUTURE PLANS The sthool is fully committéd io ihe proY15ion of co-¢dvcution and to mulntulnlng the oulstondlng pupll teCCr roilo. 11 Is the alm of Ihe Governor5 to further Increase pupil number$ In suc<e551ve yoors t¢ ensure that thé school Is able to provlde the highest siondords in acodemlc sludies, mv5ic, dromo ond sporl 05 well as pr¢vidino a wide ronge ol extracurricvlor a¢llYitle5. Thtr sthool wlll. throu9h its chority committee, £¢ntlnve to explor& woys In whi¢h It can provld8 and share its trdvcutionol facilities wllh other5 (including locol edvctstionul grovp5, club5 or socieile$l und will mainioirt und revlew its burstsry $ch8me. The sthool wlll, through th& Head teacher, Senior Mono9ement Team ond slulf, wntinue to rèview und morui¢r the school wrTiculvm and work tc ensure thot educaliontsl stondards ond atttslnmoni are to the hlyhèst lev01. STATEMENT OF TRUSTEES. RESPONSIBILITIES The trvst¥es Iwho are also the dlreclors of Ryleys School Limited (Thel for the purpo$os of company loiwl are resp¢nslbl¢ for preparing the Rèporr of the Trusteès und tho flnoncial siaiem8ns in a¢cordanee wilh appli¢oble law tsnd Unlted Klngdom Ac¢ountln9 Standtsrd$ Ivnlted Klngdom G•ner¥lly Accepted Attovnllng PTCCtlcol. Compony law requlres the trv5tees io propore finan¢ltsl sioiement% for each financiol year. Under that low, Ihe trustees havo •lecled to piepore the finantial slateMen15 in accordan with United Klngd¢m Gonrally Aec•ptéd AccovDt5ng Practice (Uniled Kingdorn Accounting Stcdords and appllctsbla lowl. Under company law the trusie•s musl not approve the financlul stai8ment% un15S they are sai15fl•d thot thèy glve u tru• und fair Ybew ol ihe state ol aff(sirs of the charittsble wmpany and of tha incom5ng resources tsnd appllcotion of r¢wur¢e5, includlng ihe IrKome and 0xpetlI{Ire, of tha thorltuble compoiny for Ihut perlrjd. In preporlng ihose flnonclal siatoment5, Ihe trvsiees ore reqvired tts sèleer $vllable o{unting pollcles and thén apply them con515tnllyt observe the methods ond principle$ In the Charitlos SORP,. make judgemènis und o$1irnate$ thai are r¥asonuble and prvdent,. propore the financitsl stotements on Ihe goln9 rorKern btssis unless It 1% inapproprlole to presume that the tharittsble ¢ompony will continue In bysiness. The trustee5 are responsible for keeping proper atcounting records whith dlsclos• wlth reasonable accurocy at ony tlffle the financial position of the charitable <ompany and t¢ enable them lo enwre ihtsi ihe flnoncial statemènts comply with the Companleg Ath 2006. They are 071$¢ responsible for 5afeguording the assets of the chorilobk company hen¢¥ lor iuklng reasonable Stops for Ihe prevenrfon und detectlon of frovd und oiher Irregulurlllos. ID so far a$ ihe trustees are awore.. Ihere is no r818vanl owjit Informaiion ol whlch ihe churitoble compony's auditors are unawore. ond Ihe Iruslees have token oll steps that they ought to have ttsken to moke themsèlvès oware of any relev¢Jrt tsudli informullon ond to e5tubli$h thal th¢ audiiors ore owore ol that informo150n. TRUSTEES, INDEMNITY ARRANGEMENT5 Indlvlduul Indemnltle5 huv8 L)gen provided io the direclor5, vnder whlch the wmpany has agreed ts Inderffnlfy t trustee5 to the extent permitiod by low in re5p&d of oll liobilities to thlrd poilles arising out ttf, Qr In c¢nnecllon wiih, their execution of their power$, dulles und responsibilities as trv51ee$ of the compony. These indemnities ore Qualifying Third Pgrty Indemnities Prov5$lon5 us d•fin&d In Seclion 236 of the Componie5 Act 2006 and copios are avallubl& for inspection in the olfite during normal $thool hours. AUDITORS The avditors, Hurts Limited will bo proposed for re-oppolntment ot thè forthcomln9 Annual Gener(71 Me•tln9. Th1$ report ha5 beèn pr•pored in Je£ordonce with the spédol provldons of Part 15 of the Compunl•s Act 2000 relailng to small wmpunies. 11 2d2 Approved by order ol Ihe boc*rd of tru%lees on............................. nd slgnod on Its bèhalf by: Dr M G Benson Trustee Puge 3
Rèport of the Independ•rbl Avdlor5 lo lh• M•mb•rs of yI6y5 School knmiled IThel Oplhion We h4ve audlled th¢ lkntsnciol stotrements tsf Ryley5 &hool Llmlted (Th81 (the 'd)tsritablo compony l For the year ended 31 August 2025 which Comprlse the Stotèment ol Finoncitsl Activitie5, Ihe Bolortè Sheet, the Co5h Flow Statemént ond notOS to the flnunclol slotemenls, Includln9 0 summory of signllicant ¢ccountin9 pollcle$. The flnunclol reporting framework that has l)een opplled In thelr preparation Is appllctsble law and Lhited Klngdom Accovntlng Siundard$ Iunlted Klngdom Generolly Accepted A<¢ovntin9 Prtsdi¢el. In ovr opinion Ihe Ilnunclal slotements.. glve o trve and lair Ylew of Ihe stute of tho thorlltsble compony's alfolrs tss JI Augvstr 2025 tsnd ol its irKomlth re8ovr$ and appllcation tsl resourees, inclvding lis income tsnd expenditvre, for the year then endedi hove be•n prgperly preptsred In uttordoncè with United Kingdom Genortslly Acc•pted Attountlng Pradlcoi and hav• bèen prepared In accordtsnce whh the roqulrement$ of the Companies Act 2006. Bosis Foi opinion We condvtted ovr tsvdlt In arordance wlth Int•rnatlon¥l Standord5 on Avditln9 IUKI IISAS IUKII tsnd appllcable law. Our respon5ibllltle$ wder Ihose standords ar¢ furiher de5crlbd in the Avditors. re$ponsibi15t5es for ihe audlt ol the flnanclal statemtsnt5 section of our reporr. We are independent of the d)arlFable compony in aceordrjnce with ihe ethlcol r•qulromen15 thoi ar• relèvant to ttvr oudit ol Ihg flnon¢lol $taleménts in Ihe UK, inelvding the PRes Ethlcol Standord. and we have fttlf511ed our other ethicL71 responsib51itie5 in occordrjnce wlth these reqviremfrnt5. We belleve thol ihe oudlt evldente wo hove obtuined is suffi¢lent und opproprlate to provide o ba5t5 for our oplnlon. C?n¢lusion$ lating to going con¢orn In tsudlllng the flnonciul siutements, we hove corKluded th( the fruste¢5' us• of the golng <oncern basi% ol accovntrln9 In Ihe prep(7rot5on ¢1 th• flnanclol $tc7t¢rnents is ¥pproprlote. B05ed on the work we have Performed, we hove not Idtntifled any moterial unterlalnties relotlng to events or eondltlons thof, indivldvolly or Coll¥livelyi rnoy east slgnifi¢•nt doubt on the ¢harlt¥ble compony 5 Qbllity to contlrue 0$ a golng conctrn for ts perlod of ot least twalve months from when the fin¥nclal Statements ore avthorlstd for i$5ve. Our responsibllities ond the respon51bllltie5 of the trustees whh re5pert io golng concern are dèscribed in tho relevont 5e¢llons of thls rèport. Othol rnl•im#tion The irustr8e5 are respolle for thè other informatlon. The other Inlormolittn compr15es ihe Informcrtlori Included in i knnuul Report, other thon Iho flntsnclul statements and our Reporl ol the Independent Avdilor5 th6reoTr. Our oplnlon on tho fln¥n¢lol stotemerits does no cover the other Information and, ex<ept to éxtent otherwise •xplicitly staPed In our rgport, w do ngt •xpres¥ any form of as5¥rance conclu51on the¥eon. In wnnecfion with our audit gf the flnoncial slutements, ovr re5ponslbillty Is to re(¥d the other informatlon and, In doing so. eonsld•r wheth•r the oiher Informollon Is matorlolly in¢¢n$i5tenl with the flnan¢lul stOtement5 or our knowlèdg¢ obtain¢d In the avdlt or otherwise oppecrs to be rn(41erlally mi55tated. 11 we identlfy such moierial 5ncon51stoncie5 or apporent moteriol misstatements, we ore reqvired to determinè wheiher th1$ glve5 rlse to o material mis5tolemènt In the flnanthal stoiéments thèm$elves. If, based on the work we hové performed, we conclude thot there Is o muterial mi$$itstement of Ih15 Othr Infoimtstlon, w• are requlred to iporl ih(tt fact. Wé huv• nothlng to report In thls regqrd. Opinl•ns on oiher motitr5 Pl•Strib•d by th• Companlos Act 20(16 In our oplnlon bo$6d èn the work undèrtaken in th¢ course of the avdlfr the Informotloll glven In the Report ¢1 the Truslee5 for Ihe Ilnanclul y•or for whkh Ihe flnancial statern¢nl¥ ar¢ prepared Is consistent with ihe financial 5talewent5,' ond Ih? Report of the Trustee5 ha$ been prepared In occordonce wlth appllcable legal roquirernents. Poge 6
Roport of lh• Indopgnd•nt Audilois to thè Mombovs of Ryleys Srhovl Limilod IThel Maller5 on whith w• aro 18guir•d to rgp•rt by exception In the light of the knowledgè and vnderstondlng of the choritrJbl¢ <ompany and its ènvironm¥ ¢btolned In Iho £ovrsg of tho uudlt. we hov¢ not Identlfled moteriol mlssiamments kn ihe Roport of ihe Trustee We hove nothing to repoitr in raspecl ol th¢ follgw¢n9 malF¢rs wherè thé Compan185 Aa 2006 roqvlros us to r¢porl to you if, in ovr opinionz odeqvore •¢countin9 records havè not been keptr or retums odequate for cvr audii have not been reeeived from bronthès not vlslted by vs,. or the financial statèmenls or• not In ogreement with rt)è oecounting iecords and rolurn%,' or certain diselosures of iru51ee5' remuneration 5peafied by law are not mode,. or we have not reeéivèd all th8 IDlormotion und explonatlOn5 we rèqulré for our avdlt,. or the trustees were not entitled to ioke adv(4Thta9e of the small companies exemplion trom the r9uirèmtrnl lo pr6por• Strotegic Report or in preparing the Reporl oé th6 Trvslees. Rosponsibiliti•s of tvul•g5 As explained rnore lully in the Siaternent of Truste¢5 ResponsilJilities, the trvst•es (who ore olso th• dir•ctors of the horitoble compuny for the purposos ol company lawl ore rospon$16Ie for the preparatlon ol the flnontial 5tutements ond lor being sutisfied that they giye o trve and folr vlew, und for such internal control as the trvstees determi is necèssory lo enable the preparution of lino7ntitsl siotèmènts thol or8 free from moterlol mlsstot¢m¢nt, whether due to fraud or error. In preparing trh¢ financial statemonts, the tru$l¢e$ or¢ respon%lble for ussesslng the charitable tomptsny's oblllty to e¢ntlnve os 0 golng c¢ern, dlscloslngs a5 applicoblé, mailers reloied 10 9olng concern ond usin9 the 90ing concern basis of atcovnting unless the trustees either intend io liqvidatt the thtsrllabl• company or to ¢•o$e oporarfons, or hov• no réolistie oltornallve but to do so. Our re5pofbsibililies for thè audit of th• linan¢ial 51fj1•m•nls Our oblect5vo$ ore to obtain reasonoblo tsssuronce aboth wheiher the flnonclol stotements ¢5 ¥ whol¢ ore free fro muloriul missiatrement, whether due lo fraud or trror, tsnd to issve o Reporl ol the Independenl Avditors ihot 5nclvde5 our pinion. RetssonobSe assvrance Is o high level of as5vrance, but is not o guoruniee that on oudli wnduct•d In occordanco wlth 1SAs IUKI will olways d818Ct u moiorlol mis5tutement when it exists. Mis5taiemenis tan orisè from fraud or èrror ar ore considered material it. indiyidutslly or in the a99regat¢, th¢y could reasonably be expected to influence the e¢onomi¢ de¢i%ion% ot usèrs tokén ¢n the ba$ls of theso flnon¢lal staternenl%. Th• •xenl to which our procedure5 are cclpable of dètacling Irregulurltlos. Includlng fruvd Is detull•d below: Thtr objedlves of our uudli, in respect tg Irrjud, ure.. to identiy and assess thè risks of material misstratement ¢f th Ilnttnclal stotements due to fraud; to obtaln suffScl8nt oppropr5ate oudit evldeKe re9arding ihe os$e$5ed rlsk5 of mtsteriol mlsstOl8m&ni dve to froud, through designing ond impltmenilng approprlute responses. ond to r¥spond oppropriately lo froud or svspected fruvd identified during the uudit. Howevér, thè primary responsibility for the prevtrntion tsnd doiethion ol fraud re$l$ w51h both those <hgr9ed with goverrttsnt• of the eniky and montsgemènt. Ovr approo¢h was a5 follow5-. We obtolned on understondln9 of the legal ond reguSolory framèwork$ ihatr (sr& appllcabl• to The Ryleys School Llmlted (the Charittsble componyl and detemiined thrAt the most significant relalè to eompliunee with th• Independènt Schools InspecForate, 5tsfèguardlng and Heolih & Sof¢ty. We vnder$tood hgw the Ch4rit¥ble company 1$ complyin9 wlth th6s8 Iromoworks by moklng Inqv5r5es of manog•m¢nt responslble for eompony le9lslation and le9151ation procedures. We o5ses5ed the w5ceptibilily of th& Chorltable Company's flnonclal slatements to materlal mi5Statement, Including how fravd mlghi occvr by discv551on wlih directors io undersiand where they con$5dered th¢re wos su$cep15blllly to frovd. We considered the controls Ihot the Charitaljle company had •sioblish•d to oddress risks id•nllfi•d, or that othorwise prevent, detor tsnd d&t8ci frovd. To uddres5 the risk of froud Ihrov9h monogement bi05 and ¢verride ol contro15, we performed analytkal proceduTe5 to Identlfy <Jny unusual or vnexpected rtlotlonshlps. In¥esilgul8d the rollonale b$hlnd slgnlllcont or unusuul transoctlon%,' ond tested lo¥rno1 entrles to identify unv5ual transclN$. Poge 7
R¢port of th• Indepgndanl Audilors tr Ihg M•Mb+r¥ of Rylgys S¢h••l Limiled (The) There ore lth¢renl lirnitotlons in ovr proc¢dvre5 dscrlbéd obov•. Th¢ mor• remgved Ihol lows ond ro9vlotion¥ ar• from Iinanclol irtsnsa<li¢ns, the less likély It 1$ ihot we would become aw¥re of non-complian¢e. Auditin9 siundard$ olso Ilmit the uvdit procedures r•qvlred to Identily non-e¢mpliotKe with low$ and regvloiions enqviry of the direcr¢rs rjnd othpr manag¢rn4ntr and Inspeclion of regulatory ond legol correspondence, if any. Materlul mi5sloiemerit that orises dve to fruud con L7e htsrder to dete¢l thon those thoi arise from ¢rr¢r tss they mtsy Involve deliberate conceolment or ttllusien. Bo5ed on Ihis understandln9 we de5ign¢d ovr L)udit procedures to identlfy n¢n-compllonce wlth Such laws and regvlotion5 Ihot wuld mtsteriolly impod ihe linanclol siotemenl$. Taking Into ac¢ount ovr vnder$tondln9 of Ihe Churiitsble wmptsnyi ovr procedure5 Involved enquires of monugement and focused iesilng as approprlote with <onsidergtlgn to r15k usse55rnenl. A further descrlprion of our resp¢n$lbilitles f¢r the avdil of Ihe flnoncial sloiements 1$ locoted on the Fkn¢nciol Reportlng Council'5 webslte rjt www.frcorg.vk/avdltor$r•5ponslbllltit%. Thls descrlptlon forms puri of ovr Report of the Independent Audllor¥. Us• OF aur r•povl This reporl 1$ made solely lo the tharitoble eompany'$ mernb¢rs, 05 a body+ in accordance with Choptrer 3 of Part 16 of the Companies Att 2006. Our audit work has been undertaken so ihtsi we mlght state io the charitable company's members those motters we are requlrod 1¢ state to ihèm In on auditor5, report ond lor no other pvrposè. To the fulle$t extent permltl•d by law, w• do nol at£ept or assume resp¢n51billty to anyono other th<4n the choritrable wmpony and the tharilable company'$ members os a bodyi for ttur (Jvdit work, for this repori, or for the opinion$ wé have formed. Duvld Taylor BFP FCA (Senlor St¥tvtrory Audltorl for ond on behult of Horls Limiled Churtered Acctsvnlonig and Strjtvtory Avdltor$ Westmin$l•r Hcv5¢ l O Wstminster Road Ma¢¢lesfield Cheshire SKIO 18X Dtst¢'. Ptsge 8
Ryl•ys S¢hool Limited ITh•l Siat¢m•nt OF Finom<ithl A¢ti¥ilio5 r iho Y•4r EThd¢d 31 Au9v812025 31.8.25 Total funds 31.8.24 T¢tol funds Unr•sirl¢i•d fvnds Rwtrkted lund Notes INCOME AND ENDOWMENTS FROM Donorfons 71,375 71,375 69,166 Charilable acrlvltles In¥esim¢nt income 3,187,390 16.537 3,187.290 2,952,762 17.073 Totol 3,275,302 3 275 302 3,039,001 EXPENDITURE ON Ralsln9 funds 45,578 45,578 40.822 ChaYil4blo a¢livili•s Charitable ocrfvltles 2,997,938 2.997.9)8 2,928,987 Finance costs 16,955 Total 3,060,471 3,060A71 2,993,194 SURPLUS BEFORE DEPRECIATION AND OTHER GAINS 214,831 214,831 45.807 Depreciation 1159,6501 1159,6501 1157,1911 NET INCOMEIIEXPENDITUREI 55,181 111 3841 RECONCILIATION OF FUNDS Tolul IuDds brovght forward 1,055,052 6,016 1,661,068 1,772,452 TOTAL FUNDS CARRIED FORWARD 1710.233 6,016 1.716,249 1.661.068 All intomt and axpendltvre hove url%¢n from ¢ontinving oth111¢$. Tho notes lorm part of Ihese financial statefflenls Page 9
Ryleys 5¢hool Limiled ITh•l 31 Avgvsl 2025 31.8.25 Toiol funds 31.8.24 Totol lunds Unre%trlcled fund$ Restrict¢d Iwd Note$ FIXED ASSETS Ttsnglble tssse15 1,843,493 7,843,493 1,989.113 CURRENT ASSETS Stocks Dobtors Cash ot bank and In htsnd 2,778 329.141 455219 2,178 229,141 461,235 ,897 177,644 J77 767 6,016 786,538 6.016 792,554 560,308 CREDITORS Am¢unts falllng due wiihln one y¢ur 1652,5561 1652,5561 1572.5811 NET CURRENT ASSETS 133.982 6,016 139,998 12.2731 TOTAL ASSETS LESS CURRENT UABILITIF5 1,977h75 6,016 1,983,491 1,976,840 CREDITORS Amounts +olllng dye ufiar more thon on* yeor 17 1267,2301 1267.2301 1315,7601 NET ASSETS 1,7T0245 6,016 1,716,261 1,661,080 FUNDS 20 Unreslri¢led fvnds.. Gènerol fund Revalualion reserve Share capltal 346,489 1,363,744 196,671 1,458,387 Reslrieted fd 6.OT6 TOTAL FUND5 1 716,261 1.661 080 These flnantio15tot•ments huv• bèen pr•porod In ac£tsrdunc• with the provislgn5 0ppllcobl• io ch4rllablè compan1è5 sublgcl to the 5moll componles. regime. The financi¥l stotemenl$ w•re approv•d by Ihe Board of Trvstees ond outhorl$ed for ls$ve on and were $1gnèd on Ils bèhalf by.. M Benson Trustee l Brown Trv5te¢ The notes lorm part ef these financlol $tatefflents Poge 10
Ryloys School Limitsd (Th•) Cash Flow Stat¢menl fr4r thè Yoav End¢d 31 Augvsl 2025 31.8.25 31.8.24 Notes Cash flows from opamting qdivlll•s Cash generot•d from operatlons lrferesl paid 110.188 8,744 1213,6311 9,574 N¢1 cash pr¢vlded Liy/lused Sn) opertsting ocFivitles 101,444 223 2051 Cash flows from invasting u¢tiviti•s Pvrcho%¢ of tanglbl¢ fixed o$5ets Intér8St Ye1¥ed 114,0311 9,870 156,5421 13,825 Net eosh v5ed In Invèsting ocllvltles 427171 Cash flows from fin4n¢lng JGtivi11•6 Loan rèptsyments in year 18.8011 Net cush used in fintsnclng ortivltles 13,8151 18.8011 Chang• in tash tash •quivol•nts In th¢ reportlng poliod Cash and <ash 8qvivalenls tst iho b•9inning of th• roporting porl•d 83,468 1284,7231 377,767 662.490 Cash and tash oqyivaloAIs ¢bt th• •md of lh• r*porting peiiod 461,235 377,767 The note% lorm port ol Ihs¢ financlol slotementrs Pagèll
Ryl•ys S¢hool Limlled ITh•l Nohs to th• Co$h Flow Stqtomenl for lh• Year Ended 31 Av9usI 2025 RECONCILIATION OF NET INCOMEiiexpfNDITUREI ro NEf CASH FLOW FROM OPERATING ACTivifiES 31.8.25 31.8.24 Net in¢amellexp¢nditur•l fov lh• loporling pèriod Itss per Ihe s1•MnI ol Flnanciol A¢tiville$l Adju5tm¢nls for.. Depréclotlon ¢horges Interest recelyed hterestr puid Provl$ion for dovbtful debts Decrease In stocks (Ire¥Sel in debtors Irrease/ldecrea¥¢l In credltors 55,187 1111.3841 159,650 19,8701 8744 141,342 2,719 1308,2891 60,711 157,191 113,8251 9,574 147.3091 3,001 13,5781 207.3011 Not sh provid•d byllus•d In) •p•rgtions 110,188 213,6311 ANALYSIS OF CHANGES IN NET FUNDS At 1.9.24 Co$h flow At 31.8.25 N•t cush Cash ai bank orkl In hund 377 767 83,408 461 235 377,767 83,468 461,235 De Dbi$ *alllng dve within l year Debt5 folllng du• afkr l ye¢J 118,8031 185.2601 1,536 15,730 117,2671 7 09,5301 204,0631 17,206 186 7971 T•lal 173,704 100734 274 438 The notes form pori of these flnantlal stotèmenis Pogè 12
Ryl•ys S¢ho•l Limit•d ITh•l Nole5 to Ihe Finom¢ial $14lem•nls foi the Year Endèd 31 August 2025 ACCOUNTING POLICIES Chtsrity inFovm4lion The Ryleys Sch¢ol Is a prlvote company 15mited by shar•$. The c¢mpony's re9l$tered number und reg15tered ddre$5 con be found on lh& Compony Inlormcjtlon puge. The presentation currency of the finothcitsl siotements 1$ Iho Pound Sterling (£1. Btssis of prop411th9 th• linonciol slalemènts The financial stateménts ol the thorituble ¢omponyi whith is ts publit banéfli •ntliy wdor FRSI 02, hove boen prepured in accordan with tht Chur115¢s SORP IFRSI 021 Accounllng and Reporting by Chariti05.. Staioment ol Recommended Pyoctice applicablè to chtsrities preparing iheir ocwun15 in accordance with Ihe Financitsl Repori5ng Stund•rd opplicable in the UK and r8pvblic of Ireland IFRSI 021 lelfe¢tiv¢ l January 20191" Financlal Reporilng Siandord 102 'Th¢ Fln¥ncial Reportlng Standard appllcable In the UK ond Repvblk of Irelond, gnd the Cgmpanies Act 2006. The linonciol $totem¢nls h¥ve been prepared under the hi5toricol tost conv8r¥tion, os modlfied by ihe revalvation of freèhold land and bulldlng$. Going ¢onc8rn The trust8&s assess whether the vse of the gèlng eontern bosls Is approprlole, thot Is whether there are any muièriul cer105n1lfj5 reloted to events or corsdition5 that mtsy cost significunl dovbtr on the oblllty of Ihe trust to ntinue as o going concern. The trrvstees mok¢ this ¥$5essment by considering o period of ai leost one year from Ihe dote ol avihori5atlon for issuo ol the flnanclol siot¢ment$ and have concluded Ihat the trvsi has adèquate resources io contlnve in operationcl exisiènt• for lh• fore$6•abl• fvlvre and there ore no moleriol un¢ertcJint1¢5 aboul th• irvst's abillty to continue as a 90ing concern. Thus, they udopt lh• goln9 wfKgrn b#sls Of a0ntIng In preparing th• flnaThclol stotements. Tho key foctor5 Wlder& In thè asse$sm8nt were: F¢recosts up lo 31 Au9USt 2027. Stoble pupil numbers expected for thè 2020/27 aeodemic yaar; Low valu• ol bonk borrowings relatlve lo Income and school'$ usset ba$e3 Healthy ongoing cosh bolonces. Crili¢41 ae¢ounling jvd9èmonts and koy s•ui<o5 of 0silm47tlon 401Y In the appllcutlons of the accounting policie5. tru5tee5 ore roqvir•d io mtsk• Ivd9emonts, •stlmat•s und a55umptions tsbout th• corry5n9 volue 91 asset$ cnd liabilities thot are not retsdily upptsrtrni from other sovrees. The estlmottrs ond underlylng o$sumptlons are bosed on hi5toricol experience and other fadors that are consldered be relevant. Adutsl results may dlH•r Irom the$0 estlmut¢5. In the viéw of iho trusiees, no o$sumptlon$ corKernln9 the uture or e5timtion UnrIaltY aflecliNJ ossets or li¥bilitie5 at the btslancé she61 datr• are likely lo result in o muterial cdju5tmtnt to thèir tarrying amounts in thé next 15nutKlol year. In¢•m• Incomé fr¢m sthool f¥e$ represents fee5 earned In respeth of iultlon glvtsn durlng Tho year. Fe8$ ¥ecelv8d In advance are shown in crditors os deferred incgme. Fees receivable are stated after déducting bvrstsries tsnd allowances grantéd by the $thool bui 5nclvde contrlbutions reived for grant5. Local a(pthorlly Inrne is ¥¢counled for on the basls io whlch It rvlolos. Volvnt¢ry iome and donations are accountèd for on a rèceivable bosis. Donolion5 received include donoled ossets ond ra$¢)vrS generoted through the Sociol Committ¢¢. Exponditvrè Expenditure is charged to thè incomé ond expend51ure occount on accrual busis. Expenditure is summar15ed under funct5onol heodlngs on a direct cost basis. Cosi of 98neroilng fund5 oro tho$¢ ¢osts Inwrr¢d In atlractln9 voluntary Intomo. Charltoble o¢livitie5 include expenditure associated wiih the object$ ol Ihe School and bolh the direcl costs arKI wpport cosls relolin9 lo this octivlly. GoY¢rnan¢e cost5 inclvde those incvrred in the goYtrntsnc8 of the school ond Its assets ond ore prlmur51y cjssoclaled with con5titutiontsl ond stoftrtory reqviremerts. All expenditure is slated inelu$ive of re¢overoble VAT. Svppovr costs ur• Iho$¢ function5 that assist Ihe work of the charity bvt do not directly tsndoriake thoritablo aelivitie$. Supporl c¢51s in¢lude bock office cosls, linance, per50nnel+ puyr¢ll (7nd g¢v&rnonc8 eosts which supporl the charitthble ottlvltl•L All $vpporl costs rlut• to th* rvnnlno of thé sehool. Po9e 13 ntinued...
Ryloys S¢ho•l UMil•d ITh•l Nolgs l• the FiDan¢iol Stut•mènts- ¢•nlimv•d lov th6 Y•ar Ended 31 Au9ilSt 2025 ACCOUNTING POLICIES- ¢onlinued Tangibl• fixed g5501¥ off each us5et over its V5eful eccnomlc Ilfe or, If ld wder o f5nonee leose. over the lease term whichever 15 the shorier. Lond Freehold property Motor vehl£le5 Flxtures & IlttlNJs Compuler egulpm•nt Nil Between 20 and SO year5 25Q/y gn cost 150/0 on cost 25ts/0 on cosl Capittsl 11?rns C05tlng les$ thon £1,000 ore written off a$ ctn expeTh5e ¥$ acquired. An amounl equal to thè exu5$ of Ihe depreciatlon char9¢ on révolved ossets over the notional hlstorical cost depre¢l¥llon chorge on those gssets 1$ tran$lerrèd annuolly from iho revalvatl0 r¢serv• to the generul lund. St•ck Stock, represénlin9 a£ad¢ml¢ books and i•achlng materlols, 1$ stated ot cosl ond wrltten off ts5 used on a Ilrst in D•bft+rs rrode and other debtsrs ale recogn15ed ot the xrtlement amovN 1è5s ony provlslon for non-retoverobility. Prepayments ore v¥lved at th¢ amount propoid. Ctssh of bank 4nd Im hand Cush ot bank (snd co$h In hand Inclvd•5 cash (snd short term hlghly liquid Invèsirnent5 wlth a short maturlty dote of Ihree monihs or less from the dole o+ acqvisltlon or gpenin9 of the dèposlt or similur ottowt. Cush pl0d ¢n dep051t for more thon one year Is disclosed 0$ a ixed asset investment. Credilors Creditors are recognised where the chorlty hos a present obliyatlon resulting from ¥ past évent ihoi will probably result in o tronsfer of fund5 to o ihird party ond the omount dve tL¥ settle the obligotlon can be me¢Jsured or estlmoted Tellobly. Toxalion A5 u regisfered charltyi tho compony Is èxempt from inwmtr tax, Corporatlon tox and ¢apltol 9ulns tux, bul not value added lox. Irrecoverable value odded ttsx 1% Includèd In th8 C05t ol Ih05e items to which 11 rèlates. Fund ts¢¢ounling Unrestrlcted fvnds ean b¢ used in accordonce w51h ihe chorltoble obleckive5 ¢1 thè discretlon of Ih? trustee5. Restrltted fvnds orè fLmd$ which ore to bè used In accordonee w51h spKifi¢ r•siriclion5 Imp¢sed by donors or whlth hav¢ been ralsd by the compoTry for a partlculor purposo. Flnan¢i•l In$lvum?nt$ The chorlty only hos flntsndol ossets und financiul Ilubilitiw of o klnd that quullfy tss ba$ic flnoncigl Instruments. u$le linunciol instrum¢nls aro in5tlolly rotQ9n5sed at o transaction value ond $ubsequ¢ntly measvred al the51 setilement volue. Opewting lea5e% Rentals pard vndor ¢p¢ratrlng le05e5 ore chorgod to the Siatement of Flncn¢ial Attivity a 5tralghi-Ilne busls over the porlod of th16as•. Ponslons The compony opgratos o d•flned contrlbutlon scheme for non-teochln9 staff. Contrlburfons payoble for Ihe yeor r¢ chorged in thts Statement of Flnanclal Actlvltles. Shor• capitol Tho Ryley5 School Limlted Is a thorltable company lim51ed by It5 shurè cupltal. The shorehtslders hold no rlghts to a55ets ItTr ihè eyont of the thority b¢ln9 wound up and, In these cIrcumsta¢s. Ihe liobi5ity in respect of the shareholder$ 15 Ilmlted to £1 per Shore. Shareholders do not hold rights to diYidend$. Pag¢ 14 continved...
Ryl•ys Sthool Limited ITh•l Nolos l• ihe Finun¢iql gahrnenls- ¢gnlirbu•d for th8 Yeay Ended 31 Avgusl 2025 DONATIONS 21.8.25 31.8.24 Donollons recelvable 71,375 69,166 CHARITABLE ACTIVITIES 31.8.25 31.8.24 School tees LEA Income Ctsterlng receipts Othèt 3,058,012 20,980 101,492 306 2,793,879 57,568 101,260 55 3187390 2,952 762 Schotrl foes ure stated thet of bur5aYi•$. stuff und other dlscounts whl¢h lotal £329,466 In Ihe year12024.. £320.0201. INVESTMENT INCOME 31.8.25 31.8.24 Rents recelved Bonk Interèsi 6kJ07 3,2A8 7637 17,073 RAISING FUNDS Dlre¢l w5ts Svpporl ¢ost5 31.8.25 31.8.24 Costs ol ralyin9 fvnds Adveriislng & marketing Fundraising expenditure 36,111 9,467 30,111 9,467 27,413 13AOg 45.578 Pu9t 15 eonllnv?d...
Ryl•ys Sthool Limihd (Th•) N•t•s lo ihe Fin4n<ial SleM015- ¢?nllnu•d for th• Y•4r End•d 31 August 2025 CHARITABLE ACTivrriES COSTS Dlroci costs Support cost$ 31.8.25 31.8.24 Stryfl costs (notè 111 Temporory staff Coierlng Rent, rol6$ and watgr Inwionce Li9ht hotsi Strsfl insuronce Offlce supplies ond po$lage Telephono Cleanlng cnd $upplles Repolr$ ond muintenanee Clo$sro¢m moterlols Eqvlpment hire Tronsporl costs Compvler costs Bad debt5 Irrecoverobl8 VAT Tr¢lnlng <ovrse5 Motor and irav¢l Stsbscrlptlons & Ilten5e$ Ltrgal and prote$51onal Sundrles Governance cosl$158è b¢lowl 1,804,077 199.049 16.681 2,063,126 16,681 208,805 47,441 24,959 89,232 12,991 10,871 10,025 56,729 104,534 61,825 5,337 15,688 33,683 141,342 26,602 1,647 2.185 21,979 13,566 3,284 25,346 2,128,792 23,879 222,962 27.185 24,534 125,085 4,222 14,770 11,389 60,238 77A25 70,766 3,214 20.T13 41,070 123,4651 208,865 47,441 24,959 89,232 12,991 10,871 10,025 56,729 104,534 OT,825 5,337 15,688 33,683 141,342 26,602 1,647 2,7 85 21,979 3,337 2,412 23.909 34,824 3,803 26,663 13,566 3,284 25,346 2h79.156 318782 2,997.938 2 928,987 Governunce cosls 2025 2024 Avdltor5' remvnerotion Avditor$' remun&roilon - n¢n uvdlt sèrYlce$ Legal ond profes$ionol fees Svb5¢rlpiion5 ond li*n 6,360 9,395 907 8/J84 6.936 14,162 980 4,585 25,246 26.663 Pogo 16 wntlnued...
Ayl•ys School Limiled lThel Nolas l• ih• FinanGiul Statom•nts- ¢onliDv•d for lh• Y•4r Ended 31 August 2025 SUPPORT COSTS Support co$ are d¢lolled in note 6 obove and relute lo the udmlnlstrallon of the charltoble cofflpony's o¢tlviFles. FINANCE COSTS 31.8.25 31.8.24 Bunk1oan inieresl Bank charges Parént poy thargès 8,744 5,781 2,430 9A7xl 8,079 16,955 23,385 NET INCOMEIIEXPENDITVREI Net income/lexpenditurel 1$ srotod after chur9lng/lcreditirvJl: 31.8.25 31.8.24 Audiiors, r•muneratiè Auditor5 remvneration service5 DePrlatIOn owned os%et$ Other operating lèus6s 6,360 9,395 159k51 5,337 6,930 14,162 157,191 3,214 io. TRUSTEES. REMUNERATION AND BENEFITS There were no trvste85' renwnèrotlon or othèr b•neflts for the year eted 31 Augvsi 2025 nor for thè yoor endèd 31 August 2024. TTust••s' •xp•ns•i There were no 31 August 2024. trustees, expènses poid for the y•or endèd 31 Au9USt 2025 nor for th¢ year ènd•d STAFF COSTS 31.8.25 31.8.24 Wages ond solarl¢$ Soclal Security co$15 Pen%ion costs 1,723,073 1,726,526 169,344 161,394 170,709 240,872 2 06J,126 2,128 792 The uvorug¢ monthly number of employtes durlng the yeur wo% 05 follow51 31.8.25 52 31.8.24 55 Dlrocl charitable work AdTninistrollve 62 03 Pclge 17 contlryjed...
Ryley S¢hool LIMll•d ITh¢l Nol•s Fo tho Flnan¢iol Stot•menl$- Eontln¢J4d for the Ye(¢t End•d 31 A¥gvsI 2025 STAFF COSTS- <ontinu•d The nvmbpr of employees wh05¢ employee b¢n•fits lexcludlng èmpK)yèr ponslon cost51 exceeded £60,000 wa&. £70,001 - £80,000 £80,001 - £90.000 31.8.25 31.8.24 K•y M•nog•ment P•i$onn•l The Kèy Manogvment Personnel of the churity In eharge of dlrÈrting and conlrolllngi runnlng and operutlng the harlty on a day-by-doy basls ¢omprlst5 the trustees QTnd the h¢od teather. The total amot ol remvneratlon nd employeo beneflts recelyed by Key Mtsna9oment Personnel for their servlces to tharlty was £108,2J5 12024.. £109.QOOI. TrustO0s' R•mun•rallon In occordonce with CIuv5• 7.3 of Ihe M•morandum and Artlclos of AssocIatio no puymentr has b•en made for tho benefll of trustree5. Thère were rK) tru5t¢es' •xp¢n$•$ puld In the year ended 31 $t Au9usI 2025, nor lor the year ended 31 si Augvst 2024. 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unr•slrieied fth)ds Resiricled fund Total funds INCOME AND ENDOWMENTS FROM Donations 09,166 69,166 Charituble a¢tlvlrfes InYe5tmènt Income 2,952.762 17,073 2,952,762 Tot41 3,039,001 3,039,OQl EXPENDITURE ON Ralslng funds 40,822 AO.822 Charilablt g¢tivlti¢s Churltable aetlvltl•$ 2,928,987 2,928.987 Flnon¢ costs 23,385 Tolol 2.993.194 2,993 194 SURPLUS BEFORE DEPRECIATION AND OTHER GAINS 45,807 45.807 Depr¢¢lailon 1157,1911 1157,1911 NET INCOMEIIEXPENDITUREI 1111,3841 RECONCILIATION OF FUNDS Total fund5 brovght forward 1766,436 6,0?6 1,772,452 TOTAL FUNDS CARRIED FORWARD 1,655,052 6,016 1 661,068 Pag• 78 Nlnued...
Ryl•yi S¢hor41 Limbl•d IThl N•tgs lo th• FIMn¢i•l Sttst•ments- ¢oThlittued f•r th¢ Year End•d 31 Augu$t 2025 TANGIBLE FIXED ASSETS Flxlvre%, Fr•ehold properly Motor vehicles & eompulers Totuls COST At I September 2024 Additlons 3,726,089 759,231 14,031 17A87 4,503,207 14,031 Al 31 August 2025 3,726 089 773 262 4.517238 DEPRECIATION Ai I Septernber 2024 Char9e for yeor 1,828,890 127299 607,317 17,887 2514,094 159,651 At 31 Avgusi 2025 1,956.189 699,669 2,673 745 NET BOOK VALUE Al 31 August 2025 1.769,900 73,593 1 843,493 At 31 Avgusi 2024 1897.199 1,989113 Includod in cost or vtsluation ol land ond bvildings Is fraehgld land of £104,000 whlth Is not dpreclated 2024.. £104,0001. The h15tofitol cost of lund and buildings Included In Ihe ubove ai o voluatlon Is £l,520,24612024- £1,520,246) ond the aggreguie d•precltstlon Ihgreon w¢)vld ho been £l.114,09312024.. £1,081.4311. The lund ond buildin9$ were valued by Soyills PIC on 2nd December 2021 at faif Ytslue. Folr value is déllned os thè tsmovnt for whlth un osset eould b8 exchangtrd, 0 15ubility Settléd, or On equity instrum•nt gronted tovld be exchanged, between knowledgeable. willin9 prjrties in an orm's length trtsnsuctlon. 14. STOCKS 31.8.25 31.6.24 Sto¢ks 2,178 4,897 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3).8.25 31.8.24 Trade dobiors Oiher debtor5 Soclul security tsnd other taxes 226,136 4,000 157.000 4,000 VAT 12.236 Prèpoyments und t*crv8d Inwme 16,584 329141 177644 Page 19 c<)ntlnv6d...
Ryleyi S¢hool Limited ITh•l N•1•¥ to the Finon¢iol Stahm•nts ¢ontlttugd l•r th• Y•or End•d 31 Avgv¥l 2025 io. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.25 31.8.24 Bank loans and overdrafts158e note 181 Refvndabl¢ deposltg rrode credllors Other credltors Accruals ond deferred Income es recelved in odvonce 17,267 12,000 103.132 5.806 48,627 465,724 18,803 12,000 50,664 1 ?,610 37,141 442 303 652.556 572581 F•es received In advan¢• Brovght forward oi l st Septémber 2024 Utilised In year Rtrc¢lvod in year 442,363 1442,3631 465,724 Corrled forword 31st August 2025 465.724 Fe•$ rettlv•d In udvance represeni fthuro yeur$' school fees and trlps that hav6 been paid for in advunce us at the bolance sheet date. They are therefore deferred ond released to the Statemenl ol Financlal AdS¥itie$ In Ihe perlod tts %thlch they relote. CREDITORS: AMOLINTS FALLING DUE AFTER MORE THAN ONE YEAR 31.8.25 31.8.24 onk loan$ (note ) 81 Refdable dépo$lis 109,530 97,700 185,260 130,500 267,230 315,700 Amounfs folling dvo In moro thtsn flv• ye¥r$.. Bank I¢un5 Ingte 181 Relundabl d•p0511% 100.463 49.700 17 0,048 150,163 192,548 Parents pay o deposlt when a pvpil lolns the school. Assumlng the pvpil remoin5 in thè school the dtposlts are èXP8Cted t¢ bè refundable os follow$.. 31.8.25 31.8.24 Afflovnl$ due: Withln one yeor Between two and five year5 More thon flvè yeors 12,000 48,000 49,700 12,000 48,000 82,500 109700 T42,500 Page 20 oniinued.
Ryloys S¢h•ol Lirnitèd ITh•l lo Ihe Fln4n¢iul Stal•m•nts - ¢r•Dtinved for th• Yeor Endod 31 Augusl 2025 LOANS An analys1$ of tho molurliy of loans Is given below: 31.8.25 31.8.2A Amovnts lalling due within one yegr on demand.. 8ank loan$ 17,267 Amgunt$ follln9 due bètween Iwo and flvè yours.. Bank loans - 2-5 years Amounts frAlllng dv8 In more than five yeors.. Repayobl• by In5talmènis: Bonk loans more S yr by in5tol 100,463 110,048 The bonk loan is ropoyable by monihly instolmtrnts until May 2033. The Interest rate on the loan is Ax6d (It 4.3P/ for five ytrtsrs. After the initiol flye years, intere$1 wlll be chtsr9 at 3.150/0 Oyor bose rate. The loon is seeured by rj debtrnture doted 6th De¢emb$r 2011 over u11055ets of tht company ond a legol chorge over the charlty s pr¢perty. 19. LEASING AGREEMENTS Minimum le¥s¢ payments undr non-cuncelloble 0r011n9 l•as5 fall duo os follow%'. 31.8.25 31.8.24 Wlthln one yèar Between one ond five years In more thun Ilve yeors 5,898 22,290 825 18,497 12,117 396 Leasè paym•nts recognisod In the Stotemont of Fln¥ncial Activlll•% in tho year were £5.33712024: £3,214). 20. MOVEMENT IN FUNDS Net movement In funds At 31.8.25 At 1.9.24 Unr•slriclod Furtds Generol fund Revaluailon reserve Share Capittsl 196,671 1,458,381 149,818 194,6371 346,489 1,363,744 R•slri¢t¢d fvnds Restrlctod f¢mds 6,016 6,016 TOTAL FUNDS 1,661,080 1716261 Page 21 nllnued...
Ryl•ys S¢hool Limihd ITh•l Not•s l• ihè Fin4nGial Statem•nls- Eonllmu hr lh• Year Endéd 31 Augu¥l 2025 20, MOVEMENY IN FUNDS- contlnv•d Nei rnovement In fvnds, included In ihe gbovè are os followsi Incoming r•sour¢es R050urces 6xpend6d Movemenl ith funds Unr•tritl¢d fvnd5 Gener¢Jl fund Revaluollon ré50rve 3.275,302 13,125,484) 194,6371 149,818 194,6371 TOTAL FUNDS 3,275,302 3220,1211 55,181 Inclvdèd obove In Incomlng resources and resour¢es expgndad oboye is u Iransfer from Gemrol fund to Revaluali¢n resorve for £94,63712024: £94.6341 in r$pect of depr•clotion of rtvalued property. Camp4r•livgs mov•m•nl in lunds Net movement in lund5 At 31.8.24 At 1.9.23 unr9slr1<t fundi Geneitsl fund Rovaluati?n ieserv• 213,421 1,553.015 116,7501 194,6341 196.677 IA58,381 R•slrl¢hd funds Restrlclèd lunds 0.016 6.016 TOTAL FUNDS 72.404 T,661,080 Comporoiiv¢ net movement in funds. Induded In the ubovè ore us follows.. Incomlng resources Rè50urcè$ expended Moverne*t in fvnd5 Uttr•slii<ted funds Gener(¥l fund Revaluatlon rèserve 3,039,001 13,055,751) 194,6341 116.7501 194,6?41 TOTAL FUND5 3,039 001 3,150 3851 171,2841 In¢lvded ubove In Incomlng re$ovrtts tsnd r¢source5 oxpend?d obove 1$ a tron$fer from Genoral lund k) ReYalu¢Jtion r•servg for £94,03412024.. £94,634) In rtrspecl of depreclatlon of revalued properly. A eurrent year 12 months prfor year 12 monih5 eomblned po$ltlon is us follows: Net moYem8t)t In lut)ds At 31.8.25 At 1.9.23 Urbreslri¢l•d fvnds Genoral fund Reyoluatlon re5erYe Shure capllal 213.421 1,553,015 133,068 1189,2711 340,489 1,363,744 R•$ttl¢hd funds Re5trlcted funds 6,016 6,016 TOTAL FUNDS 1,772 464 56,2031 1776,201 Pc¥ge 22 contlnvod...
Ryl•yt School Limiéd ITh•l N•ls lo Ihe Firtan<ial Slolemtnl$- ¢•ntinu¢d lor ihfr Y•qr Endèd 31 Auyus12025 20. MOVEMENT IN FUNDS- wmtihued A current yoor 12 month5 and prlor year 12 months combined net movem¢nl In ILmds, Inclvdod In the above ar0 os follows.. Inc¢mlng resources Rtsovrcès expended Movement In lund5 Urhrestiltled funds General fund Revalurstlon Tesèrve 6,314,303 16.161,2351 1189,2711 133,068 1189,2711 TOTAL FUNDS Tho restrl¢led funds relote to ld5 ralsed lor the enclo$ur8 of the swlmmlng pool. 21. RELATED PARTY TRANSACTIONS The Compony Is conlrolled by o Boord of Governors. Employee benefit$ pold to Key Monagm¢nt Person1 or? In¢luded in note I l. There are no oiher related porty Ironsoction$. 22. CALLED UP SHARE CAPITAL 31.8.25 31.8.24 Allotled. 1%su•d Jnd fully paid: Numberi Cl(J%s'. Ordlnory Nomlnal Value.. £1 23. PENSION SCHEMES Tho &hool employe8$ belgng to iwo money purch¢J$O prlnclpul p¢nslon sehomok Avlva or Its t•aehlng %laff, gnd The People's Pension for non-teaehlng sloff. The pènsion charge to the Siutement of Fintsnclol Activities durlng tho y¢¥r was £17070912024.. £240,872) and al the y•ar and £5,80812024.. £11,1461 wtss ouisiondln9. Poge 23
Ryl•ys S<hool Limiled (Thé) Dfjtsiled Sment of FinqTh¢knl A¢ti¥lt1è5 r lh• Y•ai End•d 31 Augu812025 31.8.25 31.8.24 INCOME AND ENDOWMENTS D¢nthtions Donrjtlons recelvable 71,375 69.106 Charil•bl• tsctivlii•s School lee$ LEA incom• Caterlng re¢elpts Other 3.058.612 26,980 101,492 306 2.793.879 57,568 107,260 55 3,187,390 2.952,762 Inv•stm•nl in¢?m• RenFs recèived Bonk interest 6,667 9,870 3,248 13,825 )7.073 Tolal incoming resouK•s 3,275,302 3.039,001 EXPENDITURE Raising fvnds Adverlis5ng und morketing Rrndrolslng exp6ndltur• 36.?11 9,467 27.413 13,409 45,578 40.822 Ch•rilabl• a<livili0s Stalf costs Rep¥lr5 mulntenance Legul und professlonol Rent, rutes tsnd water Insurance Light and heot Cotorlng expenditvre Cleaning Qnd suppll8s Clossroom mattrri¥15 Trulnlng cour5e5 Depn of freehold property Depn of fixtures, fitlirys ond cornputers Bad debts Irrec¢veroble VAT 1,864,077 7 04,534 13.566 47,441 37,950 89,232 208,865 56,729 61,825 1,647 127,298 32,352 141,J42 1,930,647 77,425 34.824 27,185 28.756 7 2S,685 222,962 60,238 70.766 3,337 127313 29,778 123.4651 2,8? 3,460 2,715.551 Fln4nc• Gosl¥ onk chur90S Ptsrent pay eharges Bank loon interfr$F 5,781 2,430 8,744 8,079 5732 9,574 16,955 23.385 Thls page do8$ not form port of the slotutoiy flnonc5ol sitstemgni$ Pa9t 24
Ryl•y$ School Limited (The) Ddoilèd Slal•m•nt of Flnan<ial A¢tivili•s for lh• Yegr End•d 31 Au9USt 2025 31.6.25 31.8.24 Support ¢0$15 Support ¢osl% Staff costs Equipment hire Computer costs Tran$porF costs Moi¢r and troY•l exponso$ Telephone OffKo supplie$ tsnd postri90 Sundries Svbseriptiorbs and Ilcenses 215,730 5,337 33,683 15,688 2,185 10.025 10,871 3,284 21,979 222,024 3,214 41,670 20,773 ?,412 11,389 ? 4,770 3,803 23,909 318,782 343.964 Auditors, remuneroiio Auditors, remvneration other 5ervi¢es Subscrip15ons and licen5e5 Le9al and professionol lees 6,360 9,395 8,684 907 0,930 14,162 4,585 980 25,346 26,663 Yolal rèsources txponded 3220.121 3 150,385 Ng1 In¢•mo11oxpondltur¢l 111 3841 Thls poge doés not form pari ot thé stulutory Ilnontitsl slatements Pag¢ 25