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2025-08-31-accounts

Registered number: 00880309 Charity number: 527181

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

GOVERNORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

CONTENTS

Page
Reference and Administrative Details of the Company, its Governors and Advisers 1
Governors' Report 2 - 6
Governors' Responsibilities Statement 7
Independent Auditors' Report 8 - 11
Statement of Financial Activities 12
Balance Sheet 13
Notes to the Financial Statements 14 - 24

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS GOVERNORS AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025

Governors

V L Barnatt S J Greig BEng (Hons) FCMI S Gould BA (Hons) FCIPD (appointed 1 January 2026) D J Lewis (resigned 21 November 2025) M Pallot

Company registered number

00880309

Charity registered number

527181

Registered office

11a High Street, Repton, Derby, Derbyshire, DE65 6GE

Headteacher

K Lebihan BA (Hons)

Clerk to the Governing Body

L Barnes

Independent auditors

HaysMac LLP, 10 Queen Street Place, London, EC4R 1AG

Bankers

National Westminster Bank Plc, Crompton House, Derwent Street, Derby, DE1 2ZG

Solicitors

Foot Anstey LLP, 2 Glass Wharf, Bristol, BS2 0EL

Stone King LLP, Boundary House, 91 Charterhouse Street, London, EC1M 6HR

Surveyors

Fisher German, The Estates Office, Ivanhoe Business Park, Ashby De La Zouch, Leicestershire, LE65 2UZ

Insurance Brokers

P J Frankland Limited, Oxford House, Stanier Way, The Wyvern, Derby, DE21 6BF

Page 1

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

GOVERNORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2025

The Governors (who are also directors of the charity for the purposes of the Companies Act) present their annual report together with the audited financial statements of St Wystan's School (the Charity) for the year ended 31 August 2025. The Governors confirm that the Annual report and financial statements of the Charity comply with the current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in 2019.

Charitable object s

The school’s principle objective is to further the education of children and young persons. The principal activity is the provision of academic education enabling our pupils to go out into the world and thrive. Intellectually, physically, and emotionally prepared for the known and unknown; eager and equipped to achieve their full potential - whatever life holds.

Our core values are:

Public Benefit

In considering the operation, achievements, performance and finances of the School, the Trustees are satisfied that public benefit has been provided in accordance with the Charities Act 2011 and the guidance published by the Charity Commission.

Future Plans

Achievements and performance

St Wystan’s School is an independent preparatory school in Repton, Derbyshire, providing education for children aged 4 to 11. The school is characterised by small class sizes and a strong sense of community, and it continues to maintain an excellent reputation for academic achievement, pastoral care, and co-curricular provision. St Wystan’s operates as an independent entity with its own Governing Body and Head, while being part of the Repton Family of Schools. A close and productive working relationship with Repton School continues to enhance – opportunities for pupils. The average number of pupils on roll during the 2024 2025 academic year

GOVERNORS' REPORT

Page 2

ST. WYSTAN'S SCHOOL (A Company Limited by Guarantee) FOR THE YEAR ENDED 31 AUGUST 2025

was 82.

Academic outcomes remain strong. Form 6 pupils again achieved excellent results in senior school entrance examinations, with all pupils securing places at high-quality senior schools. Two pupils were awarded scholarships, reflecting both individual achievement and the effectiveness of the school’s academic provision. These outcomes demonstrate the continued commitment of staff to high standards of teaching and learning. The creative and performing arts have continued to develop positively. The appointment of a specialist dance teacher resulted in the school’s first dance performance, providing pupils with new opportunities to develop confidence and performance skills. The Pre-Prep Musical Showcase and the Prep production of The Amazing Adventures of Superstan were well received and highlighted pupils’ enthusiasm, creativity, and teamwork. Wholeschool events, including the Nativity, Harvest Festival, Christingle, and the St Wystan’s Day service, reinforced the School’s strong community ethos.

Music remains an important element of the curriculum. Pupils participated in a range of musical experiences, including performing at the Young Voices Concert in Birmingham and taking part in an Indian dhol drumming workshop. These activities broaden pupil’s cultural understanding and contribute to their personal development. Sport continues to be a strength of the school. Pupils participated enthusiastically in both competitive and inclusive sporting opportunities. Notable achievements included Form 5’s performance in the ISA U11 regional tennis tournament and the boys’ relay team qualifying for the ESSA National Championships. Individual sporting successes included representation at Derbyshire County level in cricket, selection for the GB Alpine Ski Team, and participation in the ISA National Sailing Competition. Pupils also benefited from a basketball workshop led by a former NBA player, providing inspiration and exposure to elite-level sport.

The Trustees are satisfied that the School continues to deliver a broad and balanced academic and extra-curricular programme, supporting pupil enrichment and strong outcomes across all age groups from Reception to Form 6.

Charitable fundraising and Corporate Donations

We continue to encourage our pupils to be involved in charity outreach and have had many whole school incentives this academic year. We are extremely proud of their contribution to a wide range of charities, with money raised for many good causes. A phenomenal amount of work went into our fund raising, and much of it was led by our very own charity ambassadors.

Financial review

The statement of financial activities shows total income of £991,443 (2024: £835,537) an increase of £155,906.

Overall expenditure at £1,002,454 (2024: £823,329) was an increase of £179,126 on prior year, due to increased staff costs.

The school made a net deficit of £11,011 (2024: £12,208).

Key performance indicators are related to the level of pupils attending the school, in particular fee income per pupil, and adherence to the budgets set. The achievement of pupils is another indicator of school performance. The trustees are satisfied with the achievements of pupils. The new management team has now been in place for almost two years and is continuing to make significant progress in all areas. Financial services continue to be provided by the Repton finance function – including both operational finance and more strategic financial planning and support. A clear vision is in place to ensure sustained pupil numbers for the future.

Page 3

GOVERNORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2025

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

Reserves policy

As at 31 August 2025, the charity's reserves stood at £14,343 (2024: £25,354).

Reserves need to be maintained at a sufficient level to enable the charity to achieve its future educational goals and safeguard the Charity's assets.

The Trustees aim to build reserves toward the target level of £50,000 through strategic decision-making, maximising income generating opportunities and delivering cost efficiencies across operations.

This has been reflected in the 25/26 Budget.

Going concern

Costs are continually being monitored and have been reduced where possible. Forecast results for the year ended 31 August 2026 show the school should make a small surplus before deprecation is charged.

Sensible expenditure on ongoing maintenance of the school continues, with classroom upgrades to ensure a safe and attractive learning and work environment for staff and pupils. School operation continues to receive support from Repton.

Key Management personnel

Remuneration is set by the Executive and overseen by the Trustees, via the Finance and General Purpose Committee, with the objective of providing appropriate incentives to encourage enhanced performance and of rewarding fairly and responsibly individual contributions to the School’s success.

Through appropriate remuneration decisions, Trustees wish to ensure the School remains sensitive to the broader issues of pay and employment conditions locally (and nationally for teaching staff). Delivery of the Group’s charitable vision and purpose is primarily dependent on its staff, and employment costs are the largest single element of its charitable expenditure.

Principal risks and uncertainties (The Repton Group)

The Trustees have undertaken a review of the principal risks facing the Repton Group, reflecting the expectation that risks are clearly identified, assessed and actively managed. The most significant risks identified include, but are not limited to:

Page 4

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

GOVERNORS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

The Trustees are responsible for the management of the risks faced by the Repton Group and regularly review the effectiveness of mitigation plans and controls. Oversight of risk is embedded within the governance framework and is considered throughout the year, with a formal review of the School’s risk management processes undertaken annually.

Detailed consideration of risk is delegated to the appropriate Committees, with support from the Executive, ensuring that risks are identified, assessed and managed in a timely and proportionate manner.

Key controls in place include:

Through these processes, the Trustees are satisfied that the principal risks to which the Repton Group is exposed are identified and reviewed, and that systems and procedures are in place to manage those risks. The Trustees recognise that such systems provide reasonable, but not absolute, assurance that risks are adequately mitigated.

Structure, governance and management

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The school is part of the Repton family.

The Board of Trustees appoints the Head who in turn appoints the staff for the school. The Senior Leadershipteam comprises the Head, Deputy Head and Operations Manager. Together with support from various departments at Repton. This team are responsible for the day-to-day running of the school. The Managing Director of the Repton Family of Schools sits on the Governing Body of the school.

A scheme of delegation is in place which sets out the roles and responsibilities of the Executive team and those the Governing Body. Operating and service agreements set out the relationship between and support available from Repton.

The arrangement for setting remuneration packages of key management personal and other staff takes the form of an annual review performed by the finance. committee which will in turn be approved by the Trustees. The review where applicable is guided in part by the NASUWT main scale rates for teachers.

Page 5

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee) GOVERNORS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

The Trustees have a duty to identify and review the risks to which the school is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Approved by order of the members of the board of Governors and signed on their behalf by:

M Pallot

Date: 27/05/2026

Page 6

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

STATEMENT OF GOVERNORS' RESPONSIBILITIES FOR THE YEAR ENDED 31 AUGUST 2025

The Governors (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Governors' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Governors to prepare financial statements for each financial year. Under company law, the Governors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Governors are required to:

The Governors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 7

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ST. WYSTAN'S SCHOOL

Opinion

We have audited the financial statements of St. Wystan's School (the 'charitable company') for the year ended 31 August 2025 which comprise the Statement of Financial Activities, Balance Sheet and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Governors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Governors with respect to going concern are described in the relevant sections of this report.

Page 8

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ST. WYSTAN'S SCHOOL (CONTINUED)

Other information

The Govenors are responsible for the other information. The other information comprises the information included in the Govenors' Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Governors' Report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of Governors

As explained more fully in the Governors' Responsibilities Statement, the Governors (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Governors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Governors are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Governors either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 9

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ST. WYSTAN'S SCHOOL (CONTINUED)

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the group and the environment in which it operates, we identified that the principal risks of non-compliance with laws and regulations related to The Education (Independent School Standards) Regulations 2014, safeguarding regulations, health and safety requirements, GDPR, employment law and charity law, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006 and the Charities Act 2011, the Statement of Recommended Practice for Charities (SORP FRS102) and consider other factors such as income tax and payroll tax.

We evaluated management’s incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to improper recognition of revenue and management bias in certain accounting estimates and judgements. Audit procedures performed by the engagement team included:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Page 10

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ST. WYSTAN'S SCHOOL (CONTINUED)

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Lee Stokes (Senior Statutory Auditor) for and on behalf of HaysMac LLP Statutory Auditors 10 Queen Street Place London EC4R 1AG

Date: 27/05/2026

Page 11

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2025

Note
Income from:
Charitable activities
2
Investments
Total income
Expenditure on:
Charitable activities
4
Total expenditure
Net movement in funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2025
£
990,424
1,019
991,443
1,002,454
1,002,454
(11,011)
25,354
14,343		 Total
funds
2025
£
990,424
1,019
991,443
1,002,454
1,002,454
(11,011)
25,354
14,343		 Total
funds
2024
£
835,537
-
835,537
823,329
823,329
12,208
13,146
25,354

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 14 to 24 form part of these financial statements.

Page 12

ST. WYSTAN'S SCHOOL (A Company Limited by Guarantee) REGISTERED NUMBER: 00880309

BALANCE SHEET AS AT 31 AUGUST 2025

Fixed assets
Note
Tangible assets
9
Current assets
Stocks
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within one
year
11
Net current (liabilities) / assets
Total assets less current liabilities
Creditors: amounts falling due after more
than one year
12
Total net assets
Charity funds
Unrestricted funds
13
Total funds		 7,091
304,098
135,263
446,452
(441,180)		 2025
£
78,864
78,864
5,272
84,136
(69,793)
14,343
14,343
14,343		 3,717
97,007
316,827
417,551
(385,575)		 2024
£
82,950
82,950
31,976
114,926
(89,572)
25,354
25,354
25,354

The Governors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Governors and signed on their behalf by:

................................................

M Pallot

Date: 27/05/2026

Page 13

(A Company Limited by Guarantee)

ST. WYSTAN'S SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1. Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

St. Wystan's School meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The School’s Governors are its only Members however the School is considered to be part of the group headed by Sir John Port’s Charity. The School has taken advantage of the exemption contained within the Financial Reporting Standard 102 and has taken advantage of the exemption to prepare a cash flow statement.

1.2 Going concern

The School meets its day-to-day capital requirements through the close management of its cashflow from operations and utilising banking facilities. The Governors of Sir John Port’s Charity have confirmed reasonable support will be available from the wider group, as may be required, whilst the new leadership direction comes into effect. The Governors therefore consider it is appropriate for the accounts to be prepared on a going concern basis. A letter of support has been provided by the Governors to confirm this.

1.3 Income

All income is recognised once the School has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Fees receivable and charges for services and for the use of premises are recognised and accounted for in the period in which the service is provided. The School invoices pupils termly in advance and the income relating to these invoices is deferred until the start of the term to which they relate. Fees receivable are stated after deducting allowances, scholarships and other remissions allowed by the School.

Donations, grants and other forms of voluntary income are recognised and accounted for when received or when contractual obligation to pay arises. Donations subject to specific wishes of the donors are carried to relevant restricted funds, or to endowed funds where the amount is required to be held as capital. Donations received for the general purpose of the School are credited to unrestricted funds.

Page 14

(A Company Limited by Guarantee)

ST. WYSTAN'S SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1. Accounting policies (continued)

1.4 Expenditure

Expenditure is accounted for on an accruals basis. Overheads and other costs not directly attributable to particular functional; activity categories are apportioned over the relevant categories on the basis of management estimates of the amount attributable to that activity in the year, either by reference to staff time or space occupied, as appropriate. The irrecoverable element of VAT is included with the item of expense to which it relates.

Governance costs comprise the cost of running the School, including the external audit, any legal advice and all costs of complying with constitutional and statutory requirements, such as the costs of Board and Committee meetings and of preparing statutory accounts and satisfying public accountability.

All educational supplies are written off in the year of purchase.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the School's objectives, as well as any associated support costs.

1.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the School; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

1.6 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

No depreciation is charged on freehold property as the Governor's consider that the residual value of freehold property is equal or greater to than its carrying amoun and therefore no deprecation is charged. The Governor's have reviewed this assesment, and are satisfied that the current market value of the property is such that no depreciation is not required.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives. Depreciation is not charged in the year of purchase.

Depreciation is provided on the following bases:

Freehold property - No Depreciation
Teaching equipment - 13% on reducing balance
Tool/Office equipment - 20 - 33% on cost

1.7 Pensions

Eligible employees are enrolled in the Aviva Pension Trust for Independent Schools, a defined contribution scheme. All other school staff members are eligible for membership to defined contribution schemes. Contributions payable are charged to the Statement of Financial Activities in the period to which they relate.

Page 15

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1. Accounting policies (continued)

1.8 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Governors in furtherance of the general objectives of the School and which have not been designated for other purposes.

2. Income from charitable activities

School fees receivable
Other educational charitable activities		 Unrestricted
funds
2025
£
928,015
62,409
990,424



Total
funds
2025
£
928,015
62,409
990,424


Total
funds
2024
£
783,025
52,512
835,537

3. School fees receivable

Gross fees
Less: Total remissions, scholarships and bursaries		 2025
£
1,013,738
(85,723)		 2024
£
864,532
(81,507)
928,015 783,025

4. Analysis of expenditure on charitable activities

Summary by fund type

Teaching
Support and governance		 Unrestricted
funds
2025
£
885,601
116,853
1,002,454		 Total
2025
£
885,601
116,853
1,002,454		 Total
2024
£
716,336
106,993
823,329

Page 16

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

4. Analysis of expenditure on charitable activities (continued)

Summary by fund type (continued)

Summary by expenditure type

Teaching
Support and governance
Total 2024		 Staff costs
2025
£
727,194
40,129
767,323
606,869		 Depreciation
2025
£
4,086
-
4,086
5,064		 Other costs
2025
£
154,321
76,724
231,045
211,396		 Total
2025
£
885,601
116,853
1,002,454
823,329		 Tota
2024
£
716,336
106,993
823,329

5. Auditors' remuneration

2025 2024
£ £
Fees payable to the School's auditor for the audit of the School's annual
accounts 7,000 4,020
Fees payable to the School's auditor in respect of:
All non-audit services not included above 3,500 2,010

6. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2025
£
651,291
46,890
69,142
767,323		 2024
£
517,075
36,373
53,421
606,869

Page 17

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

6. Staff costs (continued)

The average number of persons employed by the Company during the year was as follows:

Teaching staff
Assistants, domestic & catering
Management & administration		 2025
No.
13
22
-
35		 2024
No.
18
11
1
30

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

2025 2024
No. No.
In the band £60,001 - £70,000 1 -

The aggregate remuneration and benefits received by key management personnel was £166,908 (2024 - £149,699).

7. Governors' remuneration and expenses

During the year, no Governors received any remuneration or other benefits (2024 - £NIL)

During the year ended 31 August 2025, no Governor expenses have been incurred (2024 - £NIL) .

Page 18

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

8. Intangible assets

At 1 September 2024
Disposals
At 31 August 2025
At 1 September 2024
On disposals
At 31 August 2025
Net book value
At 31 August 2025
At 31 August 2024		 Computer
software
£
5,460
(5,460)
-
5,460
(5,460)
-
-
-

Page 19

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

9. Tangible fixed assets

Cost
At 1 September 2024
At 31 August 2025
Depreciation
At 1 September 2024
Charge for the year
At 31 August 2025
Net book value
At 31 August 2025
At 31 August 2024
Debtors
Due within one year
Fees debtors
Other debtors
Prepayments and accrued income		 Freehold
property
£
277,655
277,655
211,588
-
211,588
66,067
66,067		 Teaching
equipment
£
101,901
101,901
91,670
1,470
93,140
8,761
10,231		 Tool/Office
equipment
£
45,232
45,232
38,580
2,616
41,196
4,036
6,652
2025
£
281,693
20
22,385
304,098		 Total
£
424,788
424,788
341,838
4,086
345,924
78,864
82,950
2024
£
81,115
1,072
14,820
97,007

10. Debtors

Page 20

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

11. Creditors: Amounts falling due within one year

Refundable deposits
Trade creditors
Amounts owed to group undertakings
Other creditors
Other taxation and social security
Deferred income
Accrued expenses
Deferred income at 1 September 2024
Resources deferred during the year
Amounts released from previous periods		 2025
£
5,250
10,254
577
17,232
66,350
324,557
16,960
441,180
2025
£
313,169
367,350
(313,169)
367,350		 2024
£
2,250
15,166
2,194
35,180
9,639
313,169
7,977
385,575
2024
£
251,418
313,169
(251,418)
313,169

Deferred income relates to Autumn fees invoiced in advance.

12. Creditors: Amounts falling due after more than one year

Refundable deposits
Other creditors		 2025
£
27,000
42,793
69,793		 2024
£
27,000
62,572
89,572

Repayment of refundable deposits is due on the child leaving the school, net of any charges outstanding.

No interest is due on these balances.

Page 21

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

13. Statement of funds

Statement of funds - current year

Unrestricted funds
General Funds
Statement of funds - prior year
Unrestricted funds
General Funds		 Balance at 1
September
2024
£
25,354
Balance at
1 September
2023
£
13,146		 Income
£
991,443
Income
£
835,537		 Expenditure
£
(1,002,454)
Expenditure
£
(823,329)		 Balance at
31 August
2025
£
14,343
Balance at
31 August
2024
£
25,354

14. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
Total		 Unrestricted
funds
2025
£
Total
funds
2025
£
78,864
78,864
446,452
446,452
(441,180)
(441,180)
(69,793)
(69,793)
14,343
14,343

Page 22

ST. WYSTAN'S SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

14. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
 Unrestricted
funds
2024
£
82,950
417,551
(385,575)
(89,572)
25,354		 Total
funds
2024
£
82,950
417,551
(385,575)
(89,572)
25,354

Total

15. Pension commitments

The School contributes to certain defined contribution pension schemes. Teaching staff are eligible to join the Aviva Pension Trust for Independent Schools. The total cost to the School was £66,913 (2024 - £47,743), which represents the contributions made by the School to this scheme. At 31 August 2025, £6,936 (2024 - £5,095) of pension contributions were due to the pension scheme.

Non-teaching staff are eligible to join the NEST Auto Enrolment Scheme. The total cost to the School was £2,229 (2024 - £5,249), which represents the contributions made by the School to this scheme. At 31 August 2025, £1,101 (2024 - £854) of pension contributions were due to the pension scheme.

16. Members' liability

Each member of the charitable company undertakes to contribute to the assets of the company in the event of it being wound up while he/she is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £1 for the debts and liabilities contracted before he/she ceases to be a member.

17. Related party transactions

As at the 31 August 2025, the following balances were owed to Repton School £577 (2024 - owed St Wystans £2,194).

The children of the elected trustees who attended St. Wystan's School are charged fees and receive remissions at the normal rate as for all other children.

There were no other related party transactions during the year.

Page 23

ST. WYSTAN'S SCHOOL (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

18. Controlling party

The School’s Governors are its only Members however the School is considered to be part of the group headed by Sir John Port’s Charity. Copies of the consolidated financial statements of Sir John Port's Charity are available from the Registrar of Companies, Companies House, Crown Way, Cardiff, CF4 3UZ.

Page 24