Charfty rogl•trntk*n numbor S27597 (England aml Wales)
THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
Trust•O8
Mr D J BurTOW$
MrJKHodl
Mr R P Monlson
Mr J B Wilding
Mr R Colllgan
Clerk to lh• Foundatlon Tru8t•os
Mr D J V Morgan
Ch•rlty htsmber
527597
Princip•l address
Lower HSgh Street
stourbridge
West Midlands
DY8 1TD
Audltor
CK Audlt
No 4 Caslle Court 2
Castlegale Way
Dudley
Wesl Midlands
DY14RH
Bankers
HSBC Bank PIC- Slourbridge
114 Hlgh Street
Stourbvidg•
Wesl Midlands
DY8 1DZ
Solicitors
Hlggs LLP
3 Watefftonl Buslness Park
Briert8y Hill
West Midlands
DY5 1LX

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
CONTENTS
Pago
Tiusteos, r•port
Statement of trusts85' responslbiliti8S
IndeperKJent 8uditorfs r•wrt
Statement of finan¢K818Ctivith85
Balance sheet
Notes to the financial statements
9-19

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
The Tnjstees present Ihelr annual report ar•J finawal stalemenl$ for tho year ended 31 August 2025.
The financial statements have been prepared in accordance wrilh Ihe accounting policlos sel out in nole 1 to Ihe
financlal statsments 8nd comply wlth the Chaws goveming document. the Charities Act 2011 and 'Accounting and
Reporting by Charities: Slatemenl of Recommended Pr8dce aprdicable to chanlies preparing their acfX)unts
aC￿rd#￿e Ihe FinancAal Repthng Stsndard aFvltc&bie in Ihe UK and Repu￿1¢ of IrelJThl IFRS 1tY2)"
(effectivè 1 January 20191.
ObJ•ctlv•8 and aetlvltl•8
The pr6ndpal objects of the Charity are to supwt the College vthlch Is 8 further 8nd hlgher edu¢8th)n institution
$k*dalisTrng In the provL81on of slx1h fomi gducatlon to young people from Stwrmdge and $urroundlrwJ arèa$. T
courses are provided on a non lee paylng basi6.
In particular Ihe Trustees..
- prowde supplement thg Coll899 campus and The Green Fièlds to be used for the purpos08 of the Col*e and
Govemors
- maintain and enhan¢8 th8 financAal T•soufcè5 of th• Chadty for the benefit of the Comege
rècelve requests from the Goveming Body for financlal asslstance for tho support and development of aspects of
tho CoMeg8 whlch are not funded by thè approprlatè edu¢2lonal fundlNJ body
- remain responsible for the security and rnanagernent of tho FoUrKjati(￿'8 hi$lorical archlv•
- remain re5ponstsle for the Prize and Scholarship Funds
The Tvustees have pald due regard to guldance Issued by the Charity Commission in d￿ldIng what Bctivltles
Chadty stK)uld undortake.
Achievements and performance
Signthanl activities and •Ch￿vementS againsl objectlves
The Fo￿￿ation TTuslees hove continugd to serve the ChorOty'$ obiaclives by pres6Ning, enhancing and prclecllThJ
Its funds so that Ihgy $UPPQrt Ihfr Governors n tholr cwlrol ofthe managpment of the College.
The Trustees continued their supwt of the College's enrichnent offer and the provlslon of Student Awattls for
cA￿mUnIty engagement.
Flnan¢lal rovlow
The movement of for the year was £170,303 {2024 - Ththethnt of fvnds of £204,684) as delalled In the
Statement of Financial Acliwlies on page 7 of the accounts. The w)sitwe movement of funds In 2025 •Kluded a
revaluali)n of Investments of £17,37812024- movement of £121,104).
The Trustees maintain 8uffKienl resèNes, being the bal8nce on unrestricted funds. to provide sufficient funds to
enable the Charlty to continue to carry out Ils charftable oblects. The Trusleos review Ihe Chorivs r￿edS for
reserves on a reguLgT basis in line with the guidance issued by the Charfty COMMI$￿On.
It b Ihe pollcy of the Charlty that unrestrlcled fijnds have not been designated for a spec6fic use should be
malnlalned at a level equlvalent to btheen three and slx r￿nth'S expenditure. The Trustees consider that resetves
at this levd wlll ?nsur& that, In th& gvent of a $lgnifi¢ant drop in funding. they wll be able lo continue the Charity's
currenl activilios while considgralion is gwen to ways in which additional funds may be ralsed. Thls level of resery8S
has bggn malntsined throughout the year.
AIW rfsk$
RS$ks
The Trustees aro aware of th8 ne8d lo assess th8 risks to which the Charity is expos•d and to sallsfy thon￿1¥8$
that systems are in Pla￿ to expose 1he map)r risk5. A necttsary rlsk assessmènt has been carrled out durlng the

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Struclur•y governance and manag•ment
The history of the Foundation has Its orfgln$ In May 1430 when tsvo I￿81 benefactcws, Rlchard aTrJ Joan Hayley,
donated land and the chapel on the stte lo tsvgnty-two tfuslees lo provld• a $0 called 'chapel of ease, lor the parish
thU￿h ol Oldswlnford and a grammar school for Ihe leachlng of grammar li8 Lalln) lo sons of poor men of the
parlsh.
The dFssolution of the monasteries In the 8lxloenlh century led to tha next phase in the life of thg 5¢hod. On th8
17th June 1552 Klng Edward Vl granted a chartor to the School lo eslabli$h a boys, grammar school, The
lrnportance of the charter was that it came certain endowments of lands belng fom)er monastic propety
although most of this endowment was expended on developlng th8 Schwl In th6 Nlneteenth and Twentloth
Centuylgs. In 1989, In responso to the Govemors, request, tho Charity CommlssioneTS made a new Scheme under
which the FOUnda￿on Trustees of th8 Charity b&came a body separate from tho College Govemors wlth the sole
alm of sup￿)rting the anclent foundation of th8 Free Grammar School which hed by then become ￿￿9 Edward Vl
College.
Fc4lowlng amendments to the schem8 in 2022. thère are now soven Tfustees comprising:
One ex-offlGlo Trusteo, being the Chair of the Local GoverniThJ Boty of the College
OM Th)minated Truste8, being a person nominated by the Loeal Govemlng Body of the Collega
Up to f4ve ccKiptèd Trustses
Thp Tru$leg$ who seNed during the ￿ar and up to the dale of signature of the financial statements were:
Mr D J Burrows
MrJKHodt
Mr R P MoNison
MrBRPrfce
Mr J B Wilding
Mr R Colligan
Ms V J Smith
(R?tir•d 2 February 2026}
{Resignod 10 June 2025)
Recmitmont and apw'nlmont oftrnstees
Trustoes are ap￿nted for their skills set which is considered an asset lo the furtherance of the objectives of the
charity. On appointsnenl trustees read the guidance issued by the Charity Commission for new trustees.
The trust88s' report was approved by the Board of Trustee8.
Mr D J Bufrows
Chalr of Trust•es
11 February 2026

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 AUGUST 2025
The Trustees are respDnsible for prepallllg the Trustees, Rew)rt and the accy)unts in accordance wllh awlicable law
an(1 United Kingdom Accounting Stsndards (Unite(l Kingdom GenernllyAccepled Accounting Pra¢tica}.
The law awAlcable to ch8rftles in England Wales requ￿ lh8 Trustees to wepare accounts for each ffinanaal
yw which give a true and fair view of the state ol affairs of the Charity aTrJ of th8 inc¢YnirvJ resourvts arKI
applICa￿On of restyJrces of tho Chailty for Ihat year.
In preparing these a¢￿unts. Ihe Trustees are required io:
- select suitabf8 a￿ntIng poI￿leS then apply them consi5tenlly"
- ot¢eJve the method$ and prlndples In th6 Charftlès SORP 2015 (FRS 102):
- make judgomonts and Bstimstss that aro rsasonablè and prudent"
- stsle wheth&r appllcable accounllng standards have been folk)wed, subject to any materfal departures dl$dosed
and explained in the ac(ounts,' and
- prepare tho accounts on tho going ￿InCoM basis LW)less it is inappropriate to presLFme that Ihe charity wdl contlnue
in op8ration.
Th8 Trust88s aro r8sponslbl8 for k88plng sufflclont accounting T0￿rdS that disdose vlth rèasonable accuracy at
any time the financial posit￿n of the Charity and enable Ih8m to ensure that the accounts comply Trmth th8 Ctk9rfU8s
Act 2011. Ihe Charty (Accounts and Reports} Regulation8 2006 arKI the provisions of Ihe trust d8ed. Thgy are also
responslble for safeguardiThJ Ihe assets of the Charlty and henc* for taking reasonable 8tep8 for the preventk)n aTrJ
detection of fraud and other ivregularibes.
The law applicable to charilias in England arKI Wales requires the Trustees to prepare financial Stalemonts for eath
financial year whtch give a true and fair vmv of the state of affairs of the Charrty and of the incoming resowces and
application of resources of the Charity for that year.
In proparfThJ thesg financial stalem¢nts. the Trustges are rgquired to..
- seloct suilable accounting policies and then apply th8m Consisten￿Y'
- obseNe the methods and principles in the Ch￿itIeS SORP:
- make judgements and estimate5 that are reasonable and prudentr.
- stste whether applicable 8ccounllng standards have been lollowed, subkcl to any matertal departures dls¢losgd
and explained in the financial ststements,. and
- prepare the financial slalements on tho golkvj con¢8m basis unless It Is Inappropriate to prosume th8t Ihe charity
11 continue in opera￿On.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuiacy al
any time the finanaal ￿sItion of the Charity and enable them lo ensure that ihe financial statements comply ￿1h
the Charlties Act 2011, the Charty {Accounts and Reports) Regulations 2008 8rn1 the provisions of ￿ trusl deed.
They are also responsible for safeguarding th8 assets of the Charity and hen￿ for laking reasonable slep$ for the
preventK)n and delecuon of fraud and other Irregulariles.

THE KING EDWARD VI COLLEGE. STOURBRIDGE CHARrrY
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
Opinion
We have audMe(I thg financial ststements of The Kir#J Edward Vl College. Slourbrldge Charity Ithe 'Charfty'} for thè
yoor ended 31 August 2025 which comprise the statement of finan￿81 adlvilies, the balance sheal and the r￿1￿$ to
th8 financial sts18ments. including a summary of significant accounling policies. The fin8ncial roportiro framèwork
that has been applled Sn their preparallon is applkable law and UnStsd Kingdom Accounting Standards. including
Finan(xal Reporting Standard 102 The Finandal Rgpothng Standard applicable in the UK and Republlc of Ireland
(United Kingdom G&neraJlyA¢cepted Accounling Practic•).
In our opinion, the finan¢i81 statements:
give a true and fair vlew of Ihe state of the charity's affairs as al 31 August 2025 arKI of Its Incoming resources
and applicallon of r8swrcAs. for Ihe year Ih8n ended,.
have ba8n rKopgrly prepared in aC￿rdanCe with United Kingdom Generally Actopted Accounting Practice:
and
have been prepared in acc(Kdance with the Charittes Act 2011.
Bas1$ fgr oplnlon
We C￿nduCted our audit in accordance wtth Inlemalional Stsndards on Auditing IUKI {ISAs {UK}l and applicable
lew. Our responsibilttses under those standards are further described in th8 Audtiorfs responwbilifies for the audit ol
the financial slalements $edion of our ￿pOrt. We are independenl of the Chority in accordance with the ethical
requirements that are relevant lo our audit of the financial 8tstements in the UK, including the FRC'S Ethlcal
StBndard, and we have fulfilled our other elhical responsibilities in accordanco with these requirements. We believe
thot the audit evidence we have obtained is sufficient ond appropriate to provide a basis for our opinM)n.
Concluslons r•latlng to going ¢onum
In auditing the financial slatements. we have concluded that the trustees. use of the going cc*Kem b8318 of
accounllng in Ihe preparation of the finanrAal statements 1$ apwbpriale.
Based on Ihe work we have performed. we have not identified any material uncertainties relaling lo events or
condillons that. individu811y or Co1￿CtIve1y, may cast signlficant doubl on the Charity's ability to continue as a golng
concom for a poriod of at least tsvelve months from when thg financial statements are aLthorised for Issue.
Our resFon$ibilthes and the responsibilltlès af the Twstees w5th rèspect to going concorn ￿8￿ribed in tho
relevant sections of thls report.
other Infomiatlon
The other Infomiatlon comprises the Infomiallon Induded in the annual report othor than the financial statements
and our aud5torfs report thereon. Th8 Trustees aro responsible for the other infomiatlon contained within the annual
report. Our Dpinlon on the finan￿al ststem8nls does not COV8r the other inform8tlon and we do not express any fonn
of assurance condusion Ihgreon. Our respon51billty Is lo the other informatlon and. doing so, cnnsider
whether the other information is materially irmnsislenl wlh the financial statem8nls or our knowledge obiained in
the COUFye of the audlt. or otherwL%e appears to be matèrially rnisslated. If we identify such malerral inujnsislencies
or apparent material misslalements, we are required to delerniine whether this gives rise lo a material misslalemenl
n the financial statements Ihemselv8s. 11. based on the work we have ptrrfom8d. we conclude that Ihgfy is
material misslalomenl of this otsr infomiation. we are required to report that fact.
We hav8 nothlng lo report in thk8 rg9ard.
Mattèrs on vthlch we •r• T•quired lo report by •xceptlon
We have nothing lo report in respect of the follovlng matters in rèlalSon to which the Charities (Accounts and
Reportsl Regulations 2008 requires us lo re￿rt to you if. in our opinion:
the information given in the finawal stalements is inconslstenl in any material respect wrfh the tru$t¢e$'
report- or
sufficient a¢counting rècc*ds have not been kept,. or
the financial stslements ar8 not in agreement with the accounllng records; or
we have not recelved all the infom)allon and gxplanations we requir& for our audit.

THE KING EDWARD VI COLLEGE. STOURBRIDGE CHARITY
INDEPENDENT AUDrroR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARrrY
Rg$pon$lbllltl•s of TfUSt••s
explained more fulty in the s&￿ement of t￿￿ees. rBsp)nsknilitie5. the Twstees arg resF0n5i￿Q for the
preparation of the financial stalemerrts and for being satisfied that they give a two and fair view. and for such
Intemal control as the Trnstees delemilne Is necessary lo enable the preparation of finantial stslements Ihat arè
free from material mis3lat6ment. wheth6r duè to fraud or èrror. In preparing the finan¢Sal ststemenls. th8 Trustèes
are responsible for assessing Charity's ability to continue as a gclng concam, dlsdosln9, as applioble, mattèrs
related to 90ing con¢em an¢J using the going concom basis of accounting unless the Tn￿te85 8ilhtir inlond to coa$0
opprallon8, or have no roallstlc attomatlve but to do so.
Audltof8 r•sponslbllltl•8 for th• audlt of th• flnanclal gl•twn•nt$
We have been appointsd as audllor under 145 of the Chartti88 Act 2011 8rHI re￿rt In accordance wllh the
Act and rel8vant regUla￿onS mado or havlng effect thereunder.
C￿r obleclivos are to obtsin reason8bl8 assumn¢o al)out whoth6r the financial staleThnts a$ a whole are fret from
malerfal mlsslat&ment. whethor due to fraud or error, and to 15suts an audil0rf3 report that include3 our oplnlon.
Reasonable agsuran¢e18 a hlgh 16vel of assurance but Is not a guardntee that an audit conducted In ac(#)rdan¢
wlth ISAS IUKI wlll always dotect a mal&rfal mlsststemenl when it exists. Mi55tatements can arise from fwaud oi
error and ar8 IxJnsidèr8d material rf, indNidually or in the aggregate, tt)ey coul(J reasonably be expected to influen(*
the economic decisions of users taken on the basis of these fin8nci81 sta￿m￿nts.
The extent to whlch our Pr￿lureS are capable of dotedlng Srrwjularittes, indudlng fraud, is detsiled bolow.
Extent lo whkh the audlt Was ¢OMld•red capable ot d•toetkng Irrngularltlv, Indudlng fraud
Wg identif￿d and assessed tho risks of material misslalement of the financial statements. in respect of irregularities
wheth8r dug to fraud or grror, or non compliance wilh laws and regulaliL)ns and then designed and p*rfonned audit
proc&dures responsive lo those risks, Including 0tAainW￿ audit evidence that is suff￿19n1 and approprlate to provide
a basis for our opinion.
In Ident￿119 and aSseS￿r¥a dsks of materlal mlsstatement In respect of Irregularfties. Includlng fraud and non-
compli8nce with laws and regulations, our prcwjures induded the following..
We obtalned an understanding of the legal and regulatory frameWO￿S that are applrcabk to the Charity by
di$￿ssIOn and enquiry with the Tnjslees and the Clerk 8nd our general knowledge arKI experien￿ of the Charity.
W• frKu$•d on sp8ufic laws and regulat￿nS which wo considered may havo a dired malerral affect on th8 finanaal
statements or the ¢peryat￿nS of the clxnpany. includng Ihe Charities Act 2011. dal8 protection. employmen( and
health arKI safety lègislalion;
We assessed the extent of compliance with the laws and regulolDn$ idonlffied through mak¥ig enquiries,
rewewng COFrespondence wlth relevant regulat￿.
Audlt rosponse to rfsks Idgntlfied
We assessed the susceptibility of the ChariWs fMar￿ial ststements lo m91erial misst8tement. IrKILKlkng how fraud
might occur. Audit procedures perf(￿led induded but were Tr)i limited to..
Discussions wilh trustees as to where IW ￿nSIdered there was SusCep￿bI1lty lo fraud. Ihelr kn￿￿ledge of
actual. suspected and alleggd fraud"
Perfomilng an81￿C￿l proeedLtres to identify any unusual or unoxF*dod r&latlon$hlp$;
Challenging assumplons and judgements made by the Trusteès in ac£ountirvJ for investment Ffoperty:
Rtiviewing unusual or unèxpectèd transactions,. and
AgreeirY￿ the financial statement disclosures to underlyiro supportw d(￿lments110n.

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARrrY
Owing lo the inherent limitations of an audiL there is an unavoidable risk that we may not hove detected some
materlal mlsslatemenls in the financial statements. even though we have propetly planned And pèrfomied our oudit
in accordance with auditing standards. The more removed that laws and regulations are from financial transactions.
the less likely il is Ihat we would become aware of non-compliartce. Auditing standards olso Imlt the audil
pr0e*du￿$ requir￿ to identrfy non-compliance with laws and fegulations lo enquiry of the Iru$lees and other
management and Ihe inspedon of regulatory ond legal corrospondgnce. if any.
Material misstatements Ih8t aris8 du& to fraud can be hard8T lo dotect than those that arise from error a$ they may
Involvfr do1￿)er8￿ con(*alment or collus10n.
A furlhèr descrlption of our respon51blllll8s 1$ available on the FM￿n¢10l Reportlng Councll's websll8 at. https'.11
www.frc.org.ukJauditoTsresponsibilities. Thls description fornis part of our audmorfs report.
U¥• of our rewt
This report 1$ mode solely to the charty's tru$tees. as a body, In accordanee wlth part 4 of Ihg Charilles (Accounts
and Rep￿ts) Regulations 2008. Our audll work has been undertaken so that we mlghl state lo Iha ch￿$ trustees
those mattefs we a￿ required lo slate 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 lo anyone other than the charlty the chadtys
trustees as a body, for our audit work, for this report, or for the oplntons we have fcKmod.
CLI Pdd/rf
CK Audil {Senior Statutory Auditor)
For and on behalf of CK AudiL Stslulory Auditor
Chartered Accountsnts
No 4 Castle Court 2
Castlogate Way
Dudley
West Midlands
DY1 4RH
11 February 2026
CKAudit is ellgible lor appolnlment as auditor of the Charity by virtu8 of its tligibilmy for appointment as auditor of
company under s8ction 1212 of the Companies Act 2006.

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2025
UnmlJlcl•d R•strtctsd Endowmont
nds
nds
2025
2025
Total
Totsl
2025
2025
2024
Incom• frorr
Donations 8nd lego¢ies
Incornè from tharitstle #ctiwties
Investments
170
205.956
51,775
170
205.956
67,107
161.922
66,0
15,332
Totsl In¢om¢
257.901
15,332
273.233
227.922
Ex
dlture on:
Raising fvnds
4.442
4.442
4.421
Charltable aclivities
115.866
115.866
139.921
Total r•$ourc•s •wnd•d
115.866
4A42
120,308
144,342
Net gainslUosse$l on in￿$￿ents
13
1976)
18,354
17,378
121,104
N•t mov•m•nt In funds
141,059
15,332
13,912
170,303
204,684
Fund balan￿ al 1 September 2024
901,099
105,706
3.652,975 4,659,780 4,455.096
Fund balanc•s at 31 August 2025
1,042,158
121.038 3.666,887 4.830,083 4.659,780
The statsment of finon¢io1 actiwties indudes all gains arKI losses Tecognised in the year.
The statement of finandal aCti￿tieS indudes all gains 8nd losses recognised in Ihe yeot. AJI incotr* and expeThJiture
dellvg from Continuing adivili8s.

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
BALANCE SHEET
ASAT31 AUGUST2025
2025
2024
Not08
Flx•d ass•ts
Tangible a$$gts
Investment propety
Investments
15
16
17
140,000
2.310,001
1,222.248
140.0(X)
2,280.001
1,241.163
3.672,249
3.661,164
Currnnt ass•ts
Debtors
Cash al bank and in ha￿1
19
33,787
1.160.727
15,397
1.077.951
1,194,514
1,093,348
Credltors: amounts falllng due wlthln
one y•ar
20
{36.680}
(94,7321
Net current assets
1.157,834
998.616
Total assots less cuThent IlabNItI
4,830,083
4,659.780
Th• funds of the Charlty
Endowment funds
Rèstricted income funds
Unrestrictsd fvnd$
21
22
23
3.666.887
121,038
1.042,158
3.652.975
105.706
901,099
4,830.083
4.659.780
The finanrAal slatem8nls were approved by th9 Tmstees on 11 February
026
Mr D J Burr¢)WS
Chalr of Tru$t•es
Mr R Colligan
VICL LrtAI

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
A¢¢ountlng pollcles
Charity informatlon
The Charity called King E￿ard the Sixth Grammar School, Stouthidge regulated by a Scheme made by the
Board of Educalon on 16 November 1￿9 (as affected by ArtScles of Government mode by Ihe Minister of
Education on 26 Octobor 1950) was supersgded by a new Scheme of 21 Juty 1989.
Consequentty the Charity which had previousty beon roprgsgntgd by the Govemors, Accounts is now kn¢)wn
as The King Edward Vl College, Stourbridge. Charity bein9 administered by ￿ Tru$tee$ of that Charity. No
attempt was made to sgparate the funds at 21 July 1989.
These accounts also indude the Prize and Scholarship accounts.
1.1 AcGountlng Gonv•TrtloD
The finar)cial stalernents have been prepared in accordance with the Charli￿3 govemlng document, th8
Charltles Act 2011. FRS 102 Yhe Financial Reporting Standard appI￿able in the UK and Republic of Irel8nir
rFRS 102.) and the char￿e$ SORP 'Accountlng and Reportlng by Charftles: Statement of Recommended
Practice applicable to charflies preparing thelr accounts In accordance with the Flnanciol Reporting Standa
appllcable In the UK and Republ1¢ of Ir&land IFRS 1021.1offeLlI￿ 1 January 2019). Thg Charfty is a Pu￿le
Beneffll Entty as defined by FRS 102.
The Charfty has taken athiantagg of Ihg provislcTh In SORP for charitses nol to proparg a Statgmgnl of
Cash Flows.
The financial 8t8t8ments arn prepared in sterflno, whl¢h is ts lunctk)nal CUfr8ncy of the Chfthty. Monetsry
amounts In theso financial statements are iounded lo ihe nearest £.
Tho fln8ncial ststsments have boen prepared under th$ hlstorlcal cost convgnllon, modified to Indudg
Inveslm8nt prop8rties and cataln flnan¢lal Instrumnts at falr value. Tho prSnclpal ac¢ounlirvJ polic￿S adopted
e sel ￿￿t below.
1.2 Golng ￿nCern
Al the time of appro￿n9 the finandal statements, the Trustees havo a reasonable expectation Ihol the Charity
has adequate resources to ￿ntinUe in operatK)nal 8Xk8lenc8 for the foreseoable future. Thus the Trustees
contlnue lo adopt Ihg goiw concom ba$1$ of a¢￿Unt￿n9 In proparing the financial staloments.
1.3 Charitabl• funds
Unrestricted funds are available for use al the disuetion of the Tru8tee5 in furtherance of their chartlablg
oblectlves unless the funds have been deslgnated for other purposes.
Reslrlcled funds are subject lo specific conditions by donors as to how they may be used. The purposes and
uses of the rgslricted fvnds are sel out in thg notes to Ihe financial slatemenls.
Endowment bjnds are subied to $peufi¢ condition5 by th)noTS that the ¢aF4tal musl te maintained by the
Charty.
1A Income
Income Is recognlsed when the Charlly Is legalty enlilbd to 11 after any porformance ¢ondrtions havo been
m&t. the amounts can b8 measured raliabty, and il is probable that incom8 will bè r8caived.

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
A¢¢ountlng poll￿
ICoThtlnu•dl
1.5 Expenditure
Expenditure is recognised once there Is a logal or con$lrudve obligation to transfer economic bgnefft lo a
Ih*d party, it is probable Ihal a transfer of economlc bomfits will b• mquir8d in s&ttl•monl, and the amount of
the obligation can be measured reliably.
Expènditure 18 classlfied by actNIty. The costs of each actlvlty are made up of the total of dlr8Ct costs and
shared cosis, including support costs involved in undert8king each activity. Direct costs 8ttribulable lo a singl&
activity are allocated directfy lo that activity. Shared costs whl¢h Contribute lo more than on8 actiwty and
support Costs which are not attributable to 8 single activity are apportioned bètsveen those activities on a basls
con51Stent with the use of resources. Central stsff costs are allocated on the basis of time 8pent, and
daprecialion char￿$ are aHocated on the portion of the 8ssel's use.
All expènditure is accounted for on an a¢cfual8 basls and has been classlfied under headings that aggregate
all costs rèlated to the category.
1.6 Tangible fixed a$yets
Tangible fixed assets are initially measured at (x)st and subsequently measured al cosl or valuation, nel of any
IMpakn￿nI lossès.
The land and iwildings comprise Colle￿ premises. The trustees believe them is no longer any value in the
Conege buildings and the revaluation reserve has been released in a previou5 year and the balance moved
from general end¢)fftnl funds.
1.7 Investment propèity
Investment properties are inchjdod in the balarK8 sheel at the Trn8teos' best estlmate of 0￿ft mafket value
having taken profe8sh)nal pAvlce.
1.8 Flx•d ass•t In¥￿IM*nts
Flxed asset investments are initially measured 8t trans8dion price exduding transaction costs, ond are
subsequently m8asured at falr value al each reportSng éatg. Changes In falr value are reccgnlsed In ng1
1no)mellexpend￿￿r@} for Ihe year. Tr￿Sa￿On costs are expensed as Sncurred.
1.9 Impalrn)ent of flxed a$set•
At each reFQrtir4J end dote. tho Charity reviews the carrying amounts of ts tangible assets lo detsrmin¢
whethgr there is any indication that Ihpse assets have. SLthered an impairment loss. If any such indicalH)n
exists. the recov&rable amount of the asset is estimated in order to determin& the extent of the impairment
loss {if any).
1.10 C•sh and cash equlvalents
Cash and cash equivalents Include cash In hand, depostts held at call wllh banks, other short-tom Ilquld
Investmonls wth original m8turltles of three months or less, and bank overdrafts. Bank ovordrafts are shown
within borrowings in curtenl liabilities.
1.11 Flnanclal Instrumgnts
The Charity has elected to apply the Fwvisions of Section 11 'Basic Financial Instruments, and StictK)n 12
'Olher Financial Instruments Issues, of FRS 102 to all of ts financial instruments.
Finoncial Inslrum&nts are recognlsed in the Charivs balance sheet when Ihe Charity bee4)mes party to the
Itractu8J promsions of the instrument.
Financlal assets and liabilities are offsel, with the nel amounts prosented in the financial slatemenls, when
there is a legally enforceabl8 right lo set off the reccrfjnised amounts and there Is an inlention to settle on a nel
basis or io reallse the asset and settle the liablllty slmultanoously.
10-

THE KING EDWARD VI COLLEGE. STOURBRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Accountlng pollcl
(Contlnu•d)
B•sk Iln8n¢lal•M•ts
Ba￿C financial assets, which indude dpbtors ar)d cash and bank balances, aro initially measured at
transaction pbl¢8 Induding transaclion ￿1$ and are subsequenly carded al amorlised cost using the offe￿1Ve
interest method u￿sS the arrangement conslitules 8 financing transaction. ￿ere th& transadion IB
measured al the present valuo of Ihg future r￿aIpts dlscounled at a markgl Tale ol interest. Financial assgls
classlfied as recelvabl• withln ¢m year ar? nol amortisod.
Bask Iln•nclalll•bHIUes
Basic financial liabilities, in￿lI￿j ¢reditoT3 and bank loans are In￿OIty reLx>gnised al transaciion price unless
the arrangement constitutes a financing transaction. %there the debt instrument is measured al the pr&8ent
value of the fvture ￿lPt$ di$¢ounted al a market role of inl8re$l. Financial 118bilibes classlfied as payable
Ihin one year are not amortised.
Trade creditors are obligations to Pay for goods or services that have been acqulrèd In ordinary c￿18• of
operation5 from suppliers. kniounls payable are dassified as current liabilities If paym￿1 Is due wlihln one
year or less. If noL they are presented as nonvcurrenl liabi1S1ies. Trade ￿editOrS are rwnlsed initially at
transaction price al￿ $ubsequenUy measured al #Mo￿8ed cosl ustng the effective interest method.
DgrKoqnition of finan¢ial liabilities
Finandal liabllilles are derewnised when the Charity's contractU81 obligations expira or are discharged or
e4ncelled.
Crfllcal accounllng •stlmat•s and judgemwts
In the applicalion of the Charity's a￿ountIng policies. the Trustees are requlred to make judgements,
estimates and assumptions about the caryin9 amount of assets and liabilitiès th81 are not readily apparent
from other sOL￿ceS. The estimates and assodated assumptitins are based on historlcal &xperlene¢ and other
fadors Ihat are cons*Jered to be relevant. Actual results may differfrom these estKnales.
The e$limates and underfylng assumpllons are revlewed on an ongolng basss. RevSslons to accounting
èstimates are recognised in the pe￿0d In whlch the estlmale is revised where ihe revision affects only that
period, or In the perlod of the revlsion and future periods where the revlgion affects bolh QU￿ent and fvlure
periods.
K•y of estIM￿lOn uncertalnty
Investment property
Investmont properties are w1¢1￿jed in the balance sheet at the TTUSte¢s' best estimate of open market value
havlng taken wofessional advice. Profrs$ional valuBtion$ ore canied out at least every five years subject onty
lo obtaining advice as to any material movemenls individual Valuat￿S.
In¢om• from donatlons and lega¢le$
Unr•8lrlct•d Unr￿trIcI0d
funds
funds
2025
2024
other
170
11

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Income from charltsble activities
Unrestricted Vnr•strl¢ted
fund8
funds
2025
2024
Charltabl• actlvttl•$
Rental incom8
SeNic8 charges
177,092
28.864
161,922
205,956
161,922
Income from Inve*lments
Unr•strlct•d R•strlct•d
funds
funds
2025
2025
Total Unrè8trlct•d Rèstrlctèd
funds
funds
2024
2024
Totsl
2025
2024
Income from listed
invoslments
Income from unliste(I
Investments
Intere81 receivable
18
14,051
14,069
16
13,475
13.491
20,331
31.426
20,331
32.707
20,889
30.353
20.889
31.620
1.281
1.267
51,775
15,332
67,107
51,258
14,742
66,000
Expfrndlturo ralslng lunds
Endowm•nt Endowmènt
fvnds
2025
2024
Investment manag8m8nt
4.442
4,421
12-

THE KING EDWARD VI COLLEGE. STOURBRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
ExpendliuTr on charllable actlvhles
Property Prlzo Fund
R•nlal Activiti8s
2025
2025
Totol
PfOP•rty Priz• Fund
R•ntal Actlvlth¥
2024
2024
Totsl
2025
2024
Dlr•ct ¢0gts
InSLFfdnce
19.583
19,583
19,567
{1.7691
5.122
4,174
4,174
48.624
3.Y19
5,011
19,567
48.624
Council tsx
Repairs {otherl
Surveyor and property
consultant fves
Rent and lease fees
EleLlrirAty and gas
Bank tharges
Letting agont fees
Other charitable
expenditure
11.769)
5.122
3.919
5,011
2,160
7.662
19,216
447
5.217
2.160
7.662
19,216
447
5.217
12,105
9.578
516
6,219
12.105
9,578
516
6.219
1,885
1.885
51,354
19,567
70,921
49,691
48.624
98.315
Grant fvndlng of activib'e8
(see rth 8)
20,
20.000
20.940
20,940
Share of support and governance costs (see note 91
Gov8manc8
24,945
24,945
20,666
20,666
96,299
19.567
11S,866
91.297
48,624
139,921
Anatysls by fund
Unrestricted funds
96,299
19,567
115,866
91297
48,624
139,921
Grants payab
During the year a grant$ of £20,000 (2024 - £20,0001 wert paid to Heart of M•r¢18 Multl Academy Twst.
Support ¢o¥t8 allocatsd lo a¢tlviti•8
2025
2024
Govemance c￿ts
24,945
20,666
Analysed b•t*•en:
Propoty Rontal
24,945
20,666
13-

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Support Costs allocated to actmtles
Icontlnuedl
2025
2024
Governanc• Costs Compriw:
Audlt fees
Accountancy
Legal and professional
4.975
3,965
11,726
4,455
14,901
24.945
10 Not mov•m•nt In funds
2025
2024
The nel moverronl In funds Is ststed aftet chargIn￿{cred￿1ng).
Fees payable for the *udit of th8 charitys fjnanclal sL3t•mgnts
5,589
4.975
11 Twsts•s
None of the Truslee$ lor any persons connected with them) re￿1v8d any remunerallon.
12 Employ￿$
There were m employ88s duriw the year.
13 Galn$ and losses on Investments
Unr•stricted Endowmont
nds
fund$
2025
2025
Total Unrostrfcted Endowmwrt
funds
funds
2024
2024
Totsl
2025
2024
Gainslllossesl arising on:
Revaluadon of
knveslments
Revaluat4on of investment
rwperti¥s
9761
111.6461
{12,622)
2,072
101,104
30,000
30.000
20,OLK)
20,LKIO
{976)
18,354
17.378
2.072
119,032
121.104
14 Taxatlon
The charity is exempl from tsxalb)n on its activities because all ils income is applled lof charilable purposes.
14-

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
15 T•nglbl• Ilx•d •ss•ts
Land and Oil Palntlnll
bulldlny•
T*)tsl
Cost
At 1 SgPtgrrt)gr 2024
21.209,059
140.000 21.349,059
At 31 August 2025
21,209,059
140,000 21,349,059
Dopreclatlon and Impalrm•nl
At 1 September 2024
21.209,059
21209.059
Al 31 August 2025
21,209.059
21209.059
Carrylng amount
Al 31 August 2025
140.000
140.000
At 31 August 2024
140.000
140,000
King Edward Vl ryl on wc*)d painting. orca 1547 attributed to William Scrots Irevalued in June 2022 by
Fi￿dingS Auction8ers Ltdl The trustees are of the opinion that Ihère Its material change In th8 net book
value al yeai end.
16 Inv•stm•nt propo
2025
Falr valu•
Al 1 Sgptombgr 2024
Net gains or1035es through fair value adju31rnents
2.280.001
30,000
At 31 August 2025
2.310,001
The investment propeTty was last profe55iDnalty valued in the year erKled 31 August 2023. For the year ended
31 Athausl 2025, the Va￿e$ have been reviewed by Andrew T8plin and Lee Sh8w Prop8rli&s and
8ubsequentty UkN*ted to reflecl current market condNion8.
DurlTr3 tho year ended 31st Augusl 2021 th• trustees were given p•m)issi¢)n from the Charity Commission to
grant 8 125 year leas8 a peppero)m rent lo the Heart of Merc18 MAT. The value of the College buildin
was therefore impalred to £1 and transferred lo Investment propety. The tfusteos believe there 1$ no longer
any value In the Collogfj buil(Jings aTrJ the revalualion reserve cwled in 2018 released. wSth the balanc•
b8ing removed from ggneral gndowmenl funds.
15-

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
17 Flxed as¥et Investments
Exp8rbdable P•m)an•nt
Endowment Endowment
G•n•ral
Ll¥t•d
C•sh and
Funds Invoslmenls Savlng$ Bank
Totsl
Cost or valu•tlon
Al 1 September
2024
Addlb'ons
Valuation
changes
Charg&8 and
Int8rost
Mov9ment In
cash balances
Disposals
544,096
200.495
27,422
466,510
125,563
2.640
1241.163
125.563
119,356)
(7,133}
{9751
13,947
{13,517)
{4,442)
14,442}
4,014
4.014
{130.5331
{130,533}
At 31 Augusl
2025
524,740
193.362
26,447
475,487
2,212
1.222.248
Carylng amount
Al 31 August
2025
524.740
193.362
26.447
475,487
2.212
1,222,248
Al 31 August
2024
544,096
200,495
27.422
466.510
2.640
1,241.163
18 Flnan¢ial Instrnments
2025
2024
Carrylng amount of flnanclal as$•ts
Instrum8nts measured al faSr value through profil or loss
1,222,248
1,241,163
19 D•btors
2025
2024
Amounts fallirw du• wrthin on8 y•ar.'
Rent & in$urance recharges
Other debtors
23.787
10,000
2.397
13,000
33.787
15.397
20 CTedltors: amounts falllng dug wllhln ono y•ar
2025
2024
other credilors
36,680
94,732
16-

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
21 Endowm•nt fund•
EThYowment funds represent assets whlch must be hehy pemwnently by the Charlty. Income arfslng on the
endowment funds can be used in accordanc6 wlth the obAe¢ts of th6 Charity and is induded as unrestricted
Income. Any capltsl gains or losses arislng on th8 assets fom part of the fund.
ResouTC•S
expended
Gains and At 31 August
I￿Se$
2026
September
2024
P•rn)aMnt endowmonts
Land and buihlings
Invoslmen15
Dewsil acccount
Scott EdU￿tional Found•th?n
Dr Roy Bequest
Inveslmenl propety
140.000
154,491
12,468
54.178
467,741
2,280,001
140,CKKS
149,409
12,468
52.525
477,744
2,310,CV)1
15,082)
{1.653)
14,445
14.442>
Exp•nd•bl• •ndowm•nts
Inveslmgnts
(19.356)
524.740
3,652,975
14,4421
18,354
3,666,887
Pr•vlous y••r:
AI 1 R￿0yre•l
S•ptsmber
•xp•nd•d
2023
Galns and At 31 August
2024
Pgrnbanont fjndo￿nts
Land arKI buildings
Inveslments
Doposlt acccount
s￿tt Educatlon81 Foundation
Dr Roy Bequest
Irweslmgnt proporty
140.000
142,767
12.468
50,667
429,492
2.260.001
140,000
154,491
12.468
54,178
467,741
2.280.001
11,724
3.511
42,670
20.000
4.4211
Ex￿ndabl& ondowm•nts
InveslThnts
2.969
41.127
3,538,364
{4,421}
119,032
3,652,975
17-

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
R•8trlct•d lund$
The income funds of Ihe CharSty Include reslricled funds ¢ompri$ing thè foll¢)wing unexpended balancos of
donations and grants held on trust for specffi¢ purposes:
Incomlng At 31 August
r••our¢•8
2025
Soplemb•r
2024
Platt Library Fund
Scott Educational Foundation
Dr Roy
956
10,831
93,919
956
12,112
107,970
1,281
14,051
105,706
15,332
121,038
Prgvlous y•ar.
At1
Incomlnq At 31 August
S•ptember r•50ur
2024
2023
Platt Library Fund
Scott E￿cational Foundation
Dr Roy
16
1.251
13,47S
956
10,831
93.919
9,580
80.444
90,964
14,742
105,706
Unrestricted
The unreslri¢t6d fvnd5 of lh6 charfly Mmwise the unexpended balances cl donatlons and grants whlch are
not subJ8ct lo spec￿C conditions by donors and grantor5 as to how they may ba usad. These include
designatad funds vthich havo baon set asid8 out of unr8stri¢t8d funds by lh8 Iru$lo9$ sr)eofic purposes.
At1
SW•mber
2024
Incomlng Re8our¢•s
resour￿8
oxpendèd
Gains and At 31 August
2025
General funds
1,099
257.901
(115,8661
19761
1,042.158
Provious year:
Intoming Resources
resources
expended
Gains and At 31 August
loss
2024
September
2023
General funds
825,768
213,180
{139,9211
2.072
901.099
18-

THE KING EDWARD VI COLLEGE, STOURBRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
24 Analy81¥ ol net ass•ts b•twe•n funds
Unr•strlct•d R•StrIct￿ Endowmenl
funds
lund8
funds
2025
2025
2025
Totsl
2025
At 31 August 2025:
Tangible assets
Investhwnt prop9￿￿$
Investments
Currènt assetsllllablllles)
140.000
2,310.001
1.196.696
20.190
140,000
2,310,001
1.222,248
1,157,834
25,552
1.016,606
121.038
1.042,158
121.038
3.666.887
4.830,083
Unr•strict•d
funds
2024
Restrictod End•)vmi•nt
funds
fund$
2024
2024
Total
2024
At 31 August 20X.
T￿gIble assets
Invoslment proparties
Invgstrnents
Current aSseisl{Ilatil￿eSI
140.000
2,280,001
1,212,784
20.190
140,000
2,280,001
1.241,163
998,616
27,423
873,676
104.750
901,099
105,706
3,652.975
4.659,780
25 Flnanclal commltm•ntsJ guarantoos and contlng•nt Ilabllltl
A grant of £221,657 was made ty Football Foundation to th8 Govemors of tho College in 2014 towards
th? ¢osls of a new stM)rts pavilion on land owned by the Charity at The Green Fiek15. Oldswlnford,
Stourtmdge. The granl was made subjoct to condlti¢)ns binding on both the Govemors and the Trusts88.
During tho perk)d of 21 years from the 3rd Octob9r 2014 any breach of the grant conditions could trigger the
ropayment of the grant.
Related party tran8actl¢)n•
There were rto disclosabl8 related paity transadions durlng tho year (2024 - nong} olhor than th$ grant to tho
Heart of Mercia MAT for £20,(￿1.
19-