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 SoI'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 oI. Puplls benefi16d frorn u br¢ad runge of muslcal opportunltles, Including choirs, ensembles, and Indlylducl tuiNon. PerforMon￿$ ot local events und féstlval$, Includlng the Alderley Edg6 Fesilyal, ware highly $ucce$5ful und $howwsed the school's muslcol ialenl with both the Junior ond Chamber ChoifS being wcsrded first plott in their coteggriés. The Drama Department ogain achleved exeèllent results in LAMDA exumlnotlons, Wlth hl9h levels of ptsrti¢lpotion across the school. Pvpils were u, whlch Is c very crtsditoble ochl8vement oyuln$t the signSflcant heodwlnds Imposed by the gO￿rnMent. This wos a result of coreful finan¢lol plonning in advance of the legi51atlve ch¥nge5. The Impo$itlon of VAT dn Indépendènt s¢hool foes elearly hos tsn impaer on our parent body und moke$ if ?ven more importtsni for u5 to provlde thplr children wiih o truly ￿tslandIng ¢dvcatlon. As tirne goes by the VAT thange wlll inevllably rodute the number of families that con benefit from the educollon olfered by ihe independent $•¢tgr, but to date we havo not s•en a slgnlfiwnt d¢¢rease In engvlrlés. Th? School opera10$ well wlthin Ihe bonking focllltl05 and the t¢lul bor¥rJwlng romulns low In cernparlscn lo the assèt L)u*. RESERVES POLICY N¢te 20 to the linon¢iul $traternenis shows the mtsvements on funds for the year. The Governors have dètermlntd thtst the approprlat• ltsvel ol reserves shovld be eqvlvolent to Iwelve weeks expenditur¢ of approximotely £700,000. The po15cy is therefore to bulld up reserves io thot level by me¢n$ of onnval operating surpluses 5vppl¢mented by Specific ond/or gen•rol-purpo$e oppeol$ from time lo lima. The Govérnors havo eontlnu•d to keep Ihe scho¢l'5 cosh rexturtes vnder review to ensure ihut they remain Udtquate to cover the school's workln9 capltal requlrements. Page 4 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 teC*C￿r roilo. 11 Is the alm of Ihe Governor5 to further Increase pupil number$ In suc