2025-08-31-accounts

Tettenhall College (Incorporated) (A company limited by guarantee) Annual Report and Financial Statements For the Year Ended 31 August 2025 Rcgisicred Numbcr 141727 C.hariry Number i28617 Tettenhall College A LEADING DAY & 80ARDING SCHOOL FOR BOYS ANO GIRLS. AGED 2 . 18

TETTENHALL COLLEGE (tNCORPORA TED) (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) Statemenl of Financial Aeéivities for the year ended 31 August 2025 Cott¢ents Page: Governors. officers and advisers Atmual R¢p()rt of the Governors Strntegi¢ Rcport Statement of Accounting and Reporting Responsibilities 19 Independent Auditor's Report 23 Consolidated Statement of financial activities 24 Balance Sheet (Group and Company) 26 Cash flow Statement 27 Notes to th¢ financial statements

Tettellhall College (IDcoTporated) (A company limited by guarantee) Governor5 Officers 2nd advisers Goveriiors, Directors and Charity Trustee Thc Governors of Tcttenhall College ("the College") are the College's ¢harity trustees under charity law and th¢ direLtors of the charitable comwdny. The memkrs of the Gov¢rniAg Body who served in offi¢¢ as Gov¢mors during the year and subsequently a￿ detailed below. Mr J F Woolridge, CBE, DL, Bsc (Hons) (Chairman) Mrs J Parker, (Vice Chairman) MBE, JP. MCSP . Mrs C L Hammond, BA Mr S Maddox A.B. Eng ACIOB, Mrs S J Isbister Mr A Wynne LLB (Hons) Q Prof S Chung JP FCIOB MRtCS FCABE PPRtBI Mr T J Bcech fvIA Mrs R Sidhu LLB (Hons) Mr'l. P Bructon BA (Hons) Econ, FCA Mr A Gayler (Appointed 13 September 2025) Chair of Finance Committee Chair of Planning & Estates Commlttee Chair of Education Committee Chair of Marketing Cornmittee The Executive Committee sits as required and is constituted of Governors appropriate to th¢ la5k. Thc Governors ar¢ elccted at a full Council of Governors meeting. The Council of Governors consists of a maximum of six nominated GovemoTS and nineteen Govemors appointed by the Council of Governors. the nominated Governors being: Not more than four meTnbers to be noTf]inated by the United Refornied Church or its successor. Not more than hyo members to be nominated by the Baplisi Union of Great Britain and Ireland or its successor. All Govemorn are currently m¢mbers of all commite¢s. Officers Headmaster Mr C J McAllister BA (Hons). QTS, NPQH (Headma51er) Secretary and Bursar Mr C S Way Bsc (Hons) Clerk to the Governors Mr R J Ennis LLB Company number 141727 Charity niimber 528617 Principal Address and Registered office W(KMJ Road, Tettenhall. Wolverhamplon, WV6 8QX Website wwiv.tettenhall¢ollcgc.co.uk

Tettenhall College (In¢orpora¢ed) (A company lÉmited by 2u•rantee) Governors officers and advisers Adviser Bankets Lloyds Bank PLC. Queen Square. Wolverhampton, IVVI I UE Solicitors Rees Page, 8-12 Waterloo Roa￿ Wolvcrhampton WVI 4BL Auditors Croive U.K. LLP. Black County House, Rounds Green Road. Oldbury. West Midlands, B69 2DG Insurers Marsh Limited, Castlemead. Lower Castle StrccL Bristol, BSI 3AG

Tettenhall College (Incorporated) (A company limited by guarantee) Annual Report of the Governors for the year ended 31 Augusi 21125 The Governors pr¢s¢nl their Annual Report for the year ended 31 August 2025 under ihe Charities Act 2011, including the Directors, and Strategic Rep)rts under the Companies Act 2006. together with the audil¢d financial statements for thc year. REFERENCE AND ADMINISTRATIVE INFORMATION Tettenhall College was found¢d in 1863. It is constituted as a company limited by guarantee registered in England. No. 141727, and is registered with the Charity Commission under charity number 528617. Details of the Tll¢tttlKrs of the Governing Body. together with the Coll¢g¢'s offi¢¢rs and principal advisers, are given on pages 2 and 3. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Documents The College is governed by its Memorandum and Arti¢l¢s of Associat&on. which date fmm 1915 and were la51 Iipdated in 2009. Governing Body The governing body of the College is the Council of Govcrnors, details of ivhich, including information on liow the members of thc governing bod). arc appointed to offi¢e, are sel out in page 2 abov¢. The Coun¢il of Governors detemiine the general poli¢y of the College. The day-ttrday management is delegated to th¢ Headmaster and the Bursar. Recruitment and Training of Governor The College's Govemors are apwTrinted at full Council of Governors meetings on thc basis of iioiiiinations rec¢iv¢d taking account of the Council's specifications conccrning eligibility. pcrsonal COM￿lenCe. specialist skills and local availability. N¢iv Governors are inducted inio the is'orkings of the College and receive a copy of guidance issiied by the Association of Governing Bodies of Independent sch(￿15 {AGBIS) aiid thc College's "GovcrnanLe at Tettcnhall College" handbook that sets out memb¢rship, Inemornndum and article& cotnmittee Stnlctu￿. ierms of reference, and procedures including appointment and induction of n¢iv Governors. Specific training for Govcrnors is provided by AGBIS iyiih particular referen¢¢ lo the governance issues Cotmecied with a charitable orgaiiisation. OrganisatioMal MAnagetnenl The Governors. as the charity Truslees of the College, are legally responsible for the overall management and control of the College and meet at least thrce times a year. Thc Executive Committee, chair¢d by the Vice Chainnan, Mrs J Parker me¢ts ivhen required to consider procedures such as Ihe el¢cÉion of new Governors. officers ol the Council and appointment of a neiv Headma51¢r or Bursar. The Finance Cominittee meets specifically to approv¢ budgets and finalise the auditcd financial sts¢ements and annual report for approi'al by the Council, and at other litnes as necessary. The Chairnian of the Finance Committee is Mr T Bru¢lon. Other principal committees are the Planning and Eststes Committee, chaired by Mr S Maddo& lh¢ Edu¢ation Commiltee. chaired by Mrs J Parker aiid the Marketing Committee chair¢d by Mr A W}'nne. Other COTllTnittee members are listed oll page 2. Each of these committees meets once a tenn beforc meetings of the Council. Sub-committee tneelii)gs arc licld for Safeguarding and for Hcalih and Safely. Minutes of these meetings are distributed to all Govemors and are rep)rted upon al fLIII Council meetings.

Tettenhall College (In¢orporaied) (A company limited by guarantee) Annual Report ofthe Governors for the year ended 31 August 2025 The day to day running of the College is delcgated to thc Headm&ster. suptK)rted by his Senior L¢ad¢rship Team, of which the Bursar is a memb¢r. Together this group ar¢ the key management personnel. The Headmaster ai)d the Bursar attend meetings of the above commtttees" The Fl¢&d of the Prcparatory Schiwl. Deputy Heads and otlier members of staff attend committcc meetings os required. Remuneration is set by the Board, with the policy objective of providing appropriate incentives to encourage enhanced perforn)anc¢ and of rewarding fairty and reswTrnsibly individual contributions to the College's success. The appropriateness and relevance of the ffmuncration policy 15 ￿vI¢W¢d annually, including reference to mparisons ivith other independent s¢hiKJls to ensure ihat the College remains sensitive to the broader issues of pay and employtnent conditions e15eivher¢. tklivery of the College's charitable vision and purpose is primarily dependent on our key managemcnl personnel and staff costs are the largesl Slngle element of our charitable ¢xp¢ndilure. College Structure and Relationship5 The College actively sup]N)rts the attainment of the highesl standards in the Indcpendenl Schools sector, partly through n¢hvorking with othcr schools and partly through peer gmup studies for the evaluation of quality and perforn]ance improvemenl methods. We ¢o-opcrale with many local organisations in our ongoing endeavours to widen public access to the schooling w¢ can provide, to optimise the educational use of our cultural and sporting facilities and to a%Yaken in our pupils, in the public interest, an awareiiess of the social conlext of the all-round education they receive al the College. The College also benefits from the generosity, of a thriving nelivork of Old Tettenhallians whose ¢lose support ive gr¢aily appreciate and gladly acknowledge. The Colleg¢ also has a strong relationship iyith a dedi¢alcd Parents and TeaLhers Association ivho both support and run events lor both pupils and parents as ivell as providing funding for areas of the Colleg¢ thcy wish to sllp￿rt. Governance In line ivith generally accepted best practice for corporalc governance, regular reviews of the Board's range of Skills and financial and other ¢ontrols and procedures are undertaken as 'governance audits, lo confirm that Governors mainlain the necessary personal competence in each case and also that the Board pr()toco15 for managing any emerging conflicts of personal inl¢r¢5ts remain fully effeclive in practice.

TelteMhAII College (Ineorpor*ted) (A cojnpany limited by guarantee) Annual Report of the Governors forthe year ended 31 August 2025 Employment Policy The Colleg¢ is equal OPFrf)rtunilies employer. Full and fair consideration is given to job applications from disabled persons and due consideration is given to their training alld employment needs. Consultation with employees, or their representatives, has continued at all levels with the aim of taking the vieivs of employees into account when decisions are made that arc likely to affccl their interests. Etnployees are made aware of th¢ financial and economic p¢rforfflancc of the College. Communication with eTnployces continucs through normal manageM￿t Channels in a variety of fornis and also through exceptional chann¢ls to apprise statf of current issues. Investment policy and objrflives The College's inv¢stm¢nls amounted to £137,819 at 31 Augusi 2025. The investment objectives are.. revieiving the investments annually to d¢tcrniine if they provide the best use of resources for the current dcmands of the College. f possible. maintaining (ot least) the value of the investments in real tenns. producing a consistent and sustainabl¢ amount to supwrt expenditure. and delivering these objectives ivithin acceptable levels of risk. To mc¢t these objectives. the College's inveslments are Tnanaged to maintain diversificalion a¢ross a range of asset classes in order to prodiice an appropriate balance betive¢n risk and rcturn. Th¢ investtllent strategy and policy is monitored by the Finance Committee. as is investment perforn)ance. AIMS, OBJECTIVES AND ACTIVITIES Charitable Objects The College's Objects, in a¢cordance iyith its MeTnorandum of Association, are the advancement of education, including the provision of boarding an(Vor day schooling for children of knth sexes. The Colleg¢ maintains Linendowed trust funds and Te5tricted fiinds of modest proFK)rtions held for special purposes in conncclion with the development of the College's facilities as well a5 lor scholarships. bursarie& prizes and other educational purpos¢s. Mi&sion and Visioll a￿d Values The comerstone of our COTnrnunity is our vision to be the School of choice for outstanding pcrsonalised ¢ducation, inspiring every pupil lo cxcel academically and be)'ond. Our mission is to nurture our pupils to achieve their full potential and discover their uniqlie talents in educational setting where they iilljll thrive and be Iiappy. Our exceptional staff motivate piipils to embracc challenge, giving them thc b¢st preparation for lile and persoiial success. Our cor¢ values include.. Arnbition The College strives for excellence in every asp¢ct of its work and has high aspirdtions for the pupils. Rc5ilien¢e 15 encouraged by ctnbracing mistakes as leaming opw)rtunities.

Tettenhall College {Incorporated) (A company limited by guarantee) Allnu21 Report of the Governors for the year ended 31 Augusi 2025 Opportunity The College fosters self-bclief and provides academic challenge. personalised suptM)rt and a breadth of learning opw)rtunities. Creativity The College has the freedom lo adapt its education to find the m05t ¢ffe¢tiv¢ way to tncct Ihc pupils, needs. The College rL'cognises that nurturing creativity is vital in t(Klay's world. Community The College has a safe and secur¢ family environtnent throughout our School. It looks to promote shared values nd respect for each other. The Coll¢g¢ wually want pupils to look outtyards, act responsibly and be¢otne valued global ¢itizens. Chgracter The College cultivates etnotional intelligenc¢, w¢ll-bcing and 5elf-respect and encourages support for each oth¢r. The coll¢g¢ l¢ads by example to promote healthy and balanced lifestyles. Intended impact Within its charitable Objects, the College's intention is lo provide a firsl-class education through strong academic liiition and by developing broader skills that enable ¢veri' pupil to rcalisc his or her potential to the full. This involves emphasis on the ¢frcurriculum through cerebrdl, SFK)rtin& artisti¢, team building and social skills. This obj¢clive biiilds self-confidence and life skills in our pupils and inculcales a desire lo learn and a willingness to contribut¢ to the wider community whilst ai School and in later life. Aims In meeting the Objects, the Council of Governors, public benefit aim is to provide a first-class independent education, Ix)th through strong aLademic tuition, and through developing iyider sporting. artistic and social skills in all oiir pupils from the ages of 2 10 18. This is intended to provide an environment Wh¢￿ cach pupil can develop and fulfil his or her potential, in order to help build self-confidence and inculcate a lifelong desire to contribute 10 the wider community. In the fiirtherance of these aims the College s Governors, as the charity Trustees, have complied with the duty in s.4 of the Charities Act 2011 io have due regard lo th¢ Charity Commission's published general and relevant sulFsecior guidance concerning the op¢ration of the Public Benefit requirement under the Act.

Tettenhall College (Ineoryorated) (A eomp#ny limited by guarantee) Annuxl Report of the Governo￿ for the year ended 31 August 2025 Objectives for the Year The aim of the Governor5, Headmaster and Senior Leadership Team was to build on the solid foundations laid over the past few years and focus on recrnitmenl and retention of both knarding and day pupils so as lo return to p￿- Covid pupil numbers as quickly as posstbl¢. The Governors and Heathnaster are detnnined to make Tettenhall Coll¢gc the school of choice in thc a￿4 by continuing to focus on 115 Strcngths. The refurbishtnenl of the Boys, Boarding House has provided a modern and comfortable living and sleeping space for all boarder5 and the aim is to recruit boarding pupils to achievc near full occupancy. Within thts we MiTn to recrnit yollng¢r Ix)arders and encoltrage a diverse range of boarder's nationalities. Additional objectives were to: Maintain the s¢hool'5 high level ofacademi¢ pcrfonnance and spoits achievemenL Continu¢ to provide public access through scholarships and means test¢d bursaries" Remain competitive with local schools on Pricing but without advers¢ly effecting the high level of acadetnic and pastoral provision.. Continue to develop mutually suP￿rtive links with other schiK)Is in our IIKality and encourdge further community access to our facilities tx)th inside and outsidc of norn￿1 school hours" To continue lo impleTnent a proactive marketing campaign to raise the SCh￿)1's profile both locally and overseas. in order lo see a significant increase in boih day pupi15 and I￿)ard￿. Improve the facilities at the College. including the Swimming Pool and new IT facilities- Encrease capacity in NEEf5¢ry and Pre-schwl to improve the pupil pipeline- Look to neiv OverS￿S Tnarkets and an increase in th¢ IM)arding population at the College; and Continue to progress the restordtion of the Towers Building and renovation of internal spaces to meet in¢reasing pupil demand. Progress was made on most of these during the year as dethiled below but as they are all long temi aims they continue to be part of the obje¢tiv¢s for the future as set out on page 16. Strategies to achieve tbe primary objectii'es Our siratcgy ainis to achieve the highest academic performaT]ce by providing a stimulating learning environment Èn Ivhich all pupils can develop their wtential to the full. Cultivating a ivell-rounded developtneJ]l of thc personality in our pupils was cominensurate to Ihis throiigh provision of a happy and secur¢ pastoral eni'ironment. Pupils are encouraged to foster a sense of community. respect for each other and good citizenship. We had delemiined to ividen public acces5 to our syst¢m of sch(y)ling as much as w)Ssible within the constraints of our fi]nding as an indcpcndcnl ediication provider. Within this strateg￿. Ive ¢ontinue to l)ost an actl￿.1ty-baSed summer school and to work with local community Charities and other local ￿h0O15 lo make more effective use of

Tettenhall College (In¢oTporated) (A company limited by guarantee) Annual Report oftbe Governors for the yearended 31 Augus12025 the College's facilities outside school houT5. Our strategy also encourages pupils, involvement in extra-¢urri¢ular activities with a focu5 on th¢ provision of public benefit at all levels of s<Kiety. Wherever wssible, ive try to keep in tou¢h with our alumni Ls progress through life at home and overseas, both as Old Tettenhallians and also through appeals from lime to time and in other ways, and by these means we are able to assess the extent to which our help has enabled them to make a worthwhile contribution to public life. A key objective for future groivth 15 Ihe recruitment of new pupils and ihe retention of existing pupils. Marketing and admissions procedures provide greater engagement with prOs￿liVe parenls and an inLreas¢ in the level of enquiries. Significant time and effort conttnues to be expended on the re¢ruitment of overseas boarders and this will contiiiue in the coming years. Boarding numiKrs during the year were loi¥."cr than in previous years due to ihe Covid re51rictions. however. it 15 anticipated that post Covid the boarding nutnlKrs ivill ittcrease. The improvement in the Boarding Holise fa¢ililics has provid￿ the comlortable living and sleepin¥ space for all boarders which is iiuw more attractive for potential students. We have started to make p)sitive progress in new overseas markets through cultivation of long-standing relationship5 Trith the Director of Admissions. This ha5 proved to be effective especially in Central and Lat&n Ameri￿ as well as NigeTia. Principal Activity Tettenhall College is a successful cfreducational, indcpendent day and boarding school for pupils aged 2 to 18 years that attracts pupi15 from the UK and from ov¢rsea5. For the period of this report, the College ¢omprised The Preparatory School, catering for children between the age5 of 2 and I l years and Senior School catering for ages I I to 18 years. Public Benefit The gov¢mors have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission. Tettenhall College remain5 committed to the aim of providing public benefit in accordance with lis founding principlcs. Charit), laiv has intri)duced a requirement to demonstrate that public bcncfit for charitable purposes ivhere li has hitherto been presiimed in the absence of evidenL¢ lo the Contrary. l-his calls in turn for Tnore detailed disclosures concerning our aims. The awarding of biirsaries for the needy is a measurable means of providing public benefit. The Council of Gov¢rnors' takes the viciv that bursaries aivarded to those ivho would not oth¢ni'ise IK able to afford the fees are mportant. but not to the excliision of the much iN'ider bcncfit that ihe Collc¥c provides is'ithin the comiiiunity. I'hose piipils who &ttcnd our School and iiho receive financial support contribute lo the School community in varicty of ivays, and so the benefil is not purely to these pupils but to the ivholc Collcge and, in some cases, to thc wider community. This year, the value of tneans tested bursaries ivas £638,293 which equate5 to P/0 of school fees (2024.. £575,327 9Q/o). The Govcrnors, policy, ifb line with that of other Independent School4 is to make these aii'ards on the basis of the individual's edlicational potential, contribution to the M'idcr school commlinity and Ihcir financial circumstances, subject to the particular conditions imposed by the original donor wllere the awaid is oiil of restrict¢d funds. 98 pupils attended the College on means tested bursaries. In total 75 pupils iver¢ in receipt ofs¢holarships of£290.435 ivhich equales lo 30/Tr of school fees {2024= 101 pupils, £488.772. 5Q/o}- In addition. financial assistance li-as aivardcd to 3 children of p¢rsonn¢l in the Ariiied Forces. and I from the HMC and Polish schemes.

Tettenhall College (Incorpor2ted) (A company limited by gugrantee) Allnual Report of the Governors for the year ended 31 August 2025 Tell¢nhall College is Committed to playing a full part in supportin8 local community groups and lo develop mutually beneficial partneTships wherevcr SK)ssibl¢. Such initiatives have includ¢d- The College opens its sw>rts and other facilittes to many local individuals. organisations. religious bodies and charities including the sports facilitie5. swimming pool. theatre and ¢la5sri)oTns; Working with local state schools to develop fftutualty ben¢fi¢ial links in the ar¢as of sport. music and drama. The College ha5 made the siyimming Frf)ol and forest school available to other schools on a not-for-profit basis. this has included collecting and returning children in the College's own minibuses. Inviting local s¢hoo15 to use the library facilities. Members of stsff and PLipils contribute their lim¢ volunlarily lo a number of charitable causes such as Macmillan Cancer Support. Children in Need, Give as you live, Acorns Hospice. Carers Anonymous, Elle's Angels, Comi¢ Relief, Compton care. Ukrdinian charities and Summer camps and ¢vents that are open to the Ii)cal community. Beneficiaries Our immediate beneficiaries are young people ivhose aitendance at our fee-paying school can be funded by parents or guardians or else from scholarships, biirsaries or oihcr forms of charitable grant support, or a combii)ation of these. The local coTnmunity also bcnefits from appropriale access lo our facilities. The generdl public are the ultitnate ben¢fi¢iaries of our high-quality educational system and the 8real¢r awar¢nes5 of social values that il generdtes in our aluTnni. We maintain close liaison beN'een parenls. guardians and teachers. as ii'ell as with Old Tetteithallians in later life. and also with local charilies that could benefit from our facilities. By this means we are able to ensure that Ihe schooling we provide is aliYaJ"s fit for purpose. in the context of present-day S￿l¢ty. We also bcnchmark public opinion on the slanding of our school tn relation lo the i￿.ider education system, with a vieiv to finL'_tuning the public benefit iwe can provide in keeping wilh the pcrccii'cd needs of SOLiety ￿ large. vol￿nteerS 'rhc Governors are immetksel). grdteful for the tnanifold voluntary activities undertaken by the Parcnts. Association in order to help ￿'ith the School fundraising and cultural activitie5 during the year. The Govemors ivould like to lake this opportunity to sa). hoiv much thc). appreciale Parents. AssiKiation continuing and valuable support for our work. io

Tettenhall College {ID¢oryorated) (A company limited by guarantee) Annual Report of the Governors for tbe year ended 31 August 2025 STRATEGIC REPORT MARKETING STRATEGY The School has ivorked hard over the last three years to devclop its marketing stralcgy lo proJnotc thc School's purpose to educate and develop confident young people who are equiptKd to lead, inspire and make a positive contribution during their time at Teiierthall College and their lÈves beyond. (hir positioning Statement is that Tettenhall College is an in¢lusive school with traditional values and a global dimension. situated ott an outstanding historic green field site with excellent facilities- where the education of the whole ¢hild comes first. A rdnge of day* full and flexible boarding options. and th¢ most conv¢nienl transport services, Èo fit with fatnily. life and work, supm this. We are now s¢¢king to achieve a mu¢h higher profile as a first-class school delivering ￿UcatIOnal excellence and itnprove mark¢t p¢netration in our key markets acTOSS a wider geogrdphic area with a strong vision for the future and clear messaging. Afier recent su¢¢esses in ivhich numbers hove risen our aitn is to create a clear marketing strategy to increase market share in the next three years, building nu￿be[4 particularly in day schoolin& to support a business model to ensure a secur¢ future for the College. The aim of this work is to.. Increase pupil numbers over the next three years and achieve an appropriate balance of day and boarding pupils. Diversify boarding numbers by recruitlng pupils from a wide rdnge of countries. Create a frameivork for marketing and admisSlOnS Ot Tettenhall College tliat is fit for purpos¢ io Tncet cl1r￿n1 trends iti the marketplace, and ivhich can be developed and adapted to meet changes in demand in future. To provide a plan to roll out a new vision for the Colle8e. raising its profile in its Catchment and building on its kcy strengths We are seeking to address the following factors that are critical to success.. A significant improvemeni in retention. especially in the Preparatofj. School loiNer years and Year I l. Addressing the day and overseas boarding imbalance in the sixth fomi and sixth fom size. Improving recruitmenl the 45-minute catchment Much clearer messaging aEK)ut the School's position in the marketplace- Addressing the perceptions inside and outside the Sch(K)l about academic drive and rigour. Increase the profile of the School iviihin new overseas tnarkets; Improve our digital pr¢s¢Fb¢C Ixith il'ithin the UK and overseas.

TetteDhall College (Ineorporated) (A company limited by guarantee) Annual Report oftbe Governors for the year ended 31 August 2025 ACHIEVEMEIYTS AND PERFORMANCE Academie Succe&s Pupils at Tett¢nhall College achi¢v¢d th¢ strongest set ol examination results in more than a decade at both GCSE and A Level. We are proud of the Consistently high levels ofacademic a¢hi¢vemenl. GCSE results for 2025 showed 25.50/0 of pupils achievin8 9- 7 and 87.4Q/o of pupils achi¢ving a grade of 9- 4. At A-Level in 2025 43.1 /0 achieved grddes A¥_B and 95.4Q/• achieved grades A* E Each year, T¢ttcnhall College stiidenls progress on to some of thc IKst universities. both in the UK and inlernationally. Many of our pupils go to th¢ir fir5t-choice university, many of which Ni'ere Russell Group universilies. Some recent destinations include.. University of Bristol (Computer Sciencc) University of Ex¢l¢r {Criminology) University of Bath (Physics) and Bruncl University London (taw). Boarders, Outings A varied and busy range of FK>arder's outings took place throughout the y¢ar, with outings most weekend5 during lern)-time. A trip lo Oxford saw tK)arders immersed in history and cultur¢ as they explored this beautiful city. Boarders also experienced go-karting, paintballing and day trips to places of interest far and wide including a trip lo London lor 5ightsccing and Christmas shopping and also a day trip to Manchester. Trips also take place to traditlonal British evenls such as a pantomime. Charity Fundraising A wide range of charitable events t(M)k pla¢¢ throughout the course of the year- at Christma5, a number of themed events raised £31 S for the Young Minds charity. A group of teaching and boarding staff undertook the 3 Pcaks Chclllenge in May also to raise money for Young Minds. ID addition to this, Red Nose Day, Comic Relief and Poppy Day activities also took place to raise funds for good ¢auses. Performing Arts Th¢ Christtna5 Concert 2025 featured many of thlented pupils perforniing solo, duet and ensemble pieces beaiitifully and ivith musical sensitivity- larger enseTnbles included the Guilar Group. the College Orcheslra and both thc Preparatory and Senior Choirs singing %Trhat ivere iiicreasingl) ambitlous pieces. In December the College Cownwniinity i&'ere back in the beautiful setting of St Michael and All Angels ChurLh for the annual Carol ServiL¢ in the last i%'cek of terni. The Preparatory School were in excellenl voice as the), preseiited a variety of Christmas Carols and festive Songs. traditional and contemporary. They iv¢r¢ asslsted by the joint Preparatory and S¢nior School Choirs who delivered matuff. cojnmitted perfornianc¢s of Christtnas choral pieces. The annual Chrislmas Pla}, was ' and this pla)'¢d to audiences over 3 nighis. As always, the perforniances by the cast iv¢re cxcellenl and shoiyed the depth of talent al the College. The Senior School tnusical was "Joseph ai)d his TeehniLolour Dreameoat" and once again an exceptional cast from across tlic Sixth Fomi and Scnior School p¢rfO￿led enihusiastically to a full theatre ¢vcr)' evening. In tlie Summer Terni the Preparntory School perfomied ' with every casl member turning in a performance beyond their years. Sports Sporting provision continues to be driven by the aim to develop personal fitness through participation for all in the School and continues lo bilild and develop pupils by tneans of a strong fixture list enabling th¢ Jnaximuttb numb¢r of pupils to i¢pr¢5cnt the School in indiN'idual and ieam swrts. Increasing use of specialist coaches have played a significant part in improving the perfomian¢e of the Sports department's success. 12

Tettenhall College (Ineorpora¢ed} (A company limited by guaralltee) Report of the Governors for the year ended 31 August 2025 Squash Acadetny members are working through their Developm¢nl Awards Junior Skills Progrdmme. With each level bLiilding on ¢xisling skills and offering tnore challengÉng tasks. pupils are developing their hand to cyc coordination, ra¢ket ski115 and ball control. Considering tactics. strategy and challeiiging their understandiiig olthe game has helped them grow as players. Health & Wellbeing The Surgery wel￿med an additlollal part-ttme member of staff during the )'ear to ensure ihat help was available to pupils and stsff throughout th¢ working day. The Surgcry staff a nUTnb¢r of wellbeing initiatives as well as teaching in selected lessons. Pupils also have acttss to an ind¢p¢nd¢nl counsellor and an independent listener. Towers Restornlion Thanks lo a very generous donation. work progressed on the complete replacement of the Towers roof. this is the first slep toivards a COTnplete restoration of the outside and inside of the building. Replacemcnt of the original W¢lsh slatc continued as did the Installation on modcrn materials in areas ivhere ihey could not be 5¢¢n from the &iround. this was all under the guidance of Hisloric EnglaTkd and the local conservation officer. This has also rcqiiired large areas of flat roof to be recovered togethcr ivith the installation of neiv leadwork and associated roof dctai15. Whi15t scaffolding has been erected the opportunity has IKen taken to replace large areas of datnaged render and repair stonewot*. 13

Tettenhall College (Ineorporated) (A ¢ompany limited by guarantee) Annual Report of the Governor6 for the year ended 31 August 2025 FINANCIAL REVIEW Results for the Year The College's total incoming r¢sources for the year amounted 10 £8.006.469 (2024: £9,353.238). The net surplus for the year wa5 a d¢ficit of £629,943 (2024: £744.234 surplus} as shown in th¢ Statement of Financial Activitics. Th¢se results show the impact of the inflationary pre5surcs during the year PILES the impact of the Government policies of ihe introduclion of VAT on School fee& removal of business rates relief and National Insurance increases. Reserves Poliey The Governors have considered ihe reserves held by the College at 31 August 2025. The College needs reserves both io enable il to progress its long l¢rm aims and to fund its current activitiC5. The Governors hav¢ examined the Eleeds, risks and challenges faced by thc College in both the short and mediutn term, along with r¢l¢vant financial forecasts and have formulated a policy to meet ihe5e needs. The long-teT¥n aim is to ensure tha1 the amount of the unreslrictcd fiinds equates to the sum of: Planned or anticipated future commitments lo capital projects Financial commitments mad¢ bul not yet entered into Planned inv¢stm¢nt in Cducational in&tiatives Creditors dEie in less than one year Salary and relat¢d costs for one month to cover cashflow and contingency requirements The College's total reserves of £5.127,988 at the yearend included £174,459 endowmcnt capital, £996,855 restricted funds and £3,956,674 unrestricted income. There are cutreni free reseryes (unrestricted fuiids less the net book value of fixed asKls financed by those funds). The Governors review the reserves position annually and consider that the fulure plans outlined on page 16 will lead to an increase in reseryes in the future. Against this background, regiilar meetings iverc h¢ld IKtw¢cn th¢ Chairnian of Governors, Chair of Finance, Headmaster, Bursar and Financ¢ Offic¢r to agree actions to take and review progrcss. Thc focu5 has ken on cash availability and hoiv to prc5¢rvc this with additional support from the bank io cover any shortfall. Going Concern Uncertainty wiihin the Independ¢ni School Sector means that there is materkal uncertainty around pupil numbers and fee incom¢ and as such th¢ (iovernors accept that there is a material uncertainty as to Ivheilicr the Loll¢ge can Continue to operate as a going concern. Despite this the Goi'ernors are confident ihe Colleg¢ ivill b¢ able to ¢ontinue to operate in the next 12 months and therefore continue to adopt the going Concern basis iIi preparing the financial stalements as ouilined in Accounting Policy Note 2.1. Investment Policy and Objectives Poivers of investment are regulated by thc Memorandum of Association and adTninist¢rcd b>. the Governors. The investment objective is to maximise overdll return. i*hilst achieving an appropriate level of income. 14

Tettenhall College (Incorporated) {A company limited by guarnntee) Annual Report of ¢he Governors for the year ended 31 August 2025 Freehold iAnd and Buildings In the opinion of the Governors, the market value of the Colleg¢'5 freehold land aiid buildings is in excess of the amoiint at which it is stated in the balance sheet. However. the amount of the ¢x¢ess over net book value has not been quantified. Charity governance Clmle The Triist¢es are aware of the ncw charity governance code issued ill July 2025. In order to ensure that the charity is working in line ivith ihe code, in all ways where it is practicable to do so th¢ Governors have begun the proccss of reviewing and discussing this at Council meetings. This will be ongoing. The charity had no fiindraising activittes requiring disclosure under S162A of the Charities Act 2011. Detailed ¢onsTderations of risk are delegated lo the Headmaster. who is assi51ed by the Senior Leadership Team. Risk5 are identified, assessed and controls established throughout th¢ y¢ar. Key controls us¢d by the College include= Fornial agendas for all Committee and Council activity" Detailed terms of reference for all Committees" Comprehensive 5trate8i¢ plattning, budgeting and managem¢nl accounting; Established organisational Structure and line5 of re￿rting. Formal written policies. Cl¢or authorisation and approval level4 and Vetting procedures a5 required by law for the protection of the vulnerdble. The Governors have identified and discussed the principal risks faced by th¢ Collcgc including.. The recent economic uncertainty and downtum. Pupil demographics- Academic r¢sulis. standards and reputation. Fee levels- Credit availability, Itquidity and cash floiv forecasts= and Future development plan5. ThroLigli risk management pro¢¢sses established for the College. the Govemots are satisfied thal Ihc tnajor risks identified have been adequaiel). tnitigated i￿.here necessary.. It is rccogniscd tlial sj'stems Lan only provide reasonabl¢ but not absolute a55urance ihat major risks have been adequatel). managed. The Governors regularly review the effectiveness of currenl plans and strategies for managing all identified Inajor risks. 15

Tettenhau College (Ineorpornted) {A company limited by guarantee) Annual Report of tbe Governors for the yegr ended 31 August 2025 FUTURE PLANS The aim of th¢ Governors, Headmaster and Senior Leadership Team is to ensure the continuing financial stability of th¢ College in the face of a number of ¢hall¢tkges. Not least of thes¢ i5 th¢ impos11ion of V AT on School fees althoiigh the College has Ilone ev¢rything it ¢an to minimise th¢ impa¢t ofthis on fee-paytng parents. The Governors and Headmaster are detern)ined to make Tettenhall College the school of ¢hoice in the area by continuing to focus on its strengths. Th¢ tothl refurbishment of the Boys. and Girls, Boarding Houses have provided a modem and comfortable living and sleeping space for all knrders and the aim is lo rccruit boarding pupils to increase the boarding p)pulation at the School. Withiti thi5 ive atm to recruit younger boarders and encourage a div¢rs¢ range of EKwder's nationalities. In addition, we will- Maintain thc school's high level of academic perlorniance and sports a¢hi¢vemenL Conlinue to provide public a¢cess through scholarship5 and means tested bursaries. Remain competitive with I(￿￿1 schools on pri¢ing but without adversely affecting th¢ high Icvcl of academi¢ and pastoral provision: Continue lo develop mutually suptK)rtive links with otheT sch(Kyls in our locality and encourage further community o¢ce55 to our facililic5 both inside and outside of normal sch(K)I hours" To continue to implement a proactive marketing campaign to raise the Sch(M)I's profile both I(￿llY and overseas. in order to see a significant increase in Ix)th day pupi15 and tKMrders" Improve the facilities at the College, including the Swimming Pool and new IT facilities; Increase capacity in Nuwry and Pre-school to impmve the pupil pipeline- and Look to new overseas markcts to increase both iw)arding numbers and diversity al the College. 16

Tettenhall College (Incorporated) (A ¢omprt and the financial statements i¥ith applicable law and United Kingd(Nn Generally Accepted Accounting Prdctice (United Ktngdom Acci)unling Standards}. Company law requires the Gov¢ming Body to prepare financial stat¢Tnents for each financial year. Under that law the Governing Body have elected to prepar¢ the fmanciol stalements in accordance with United Kingdom Generally A¢¢cpted Accounting Practi¢¢ (United Kingdom Accounting Stsndards) and applicabl¢ law. Company law requires th¢ mcmbers of the Governing Body to prepare financtal ststemettts for each financial y¢ar. Under company law the Governing B(xly memkrs must not approvc the financial staletnents unless they are satisfied that they give a tru¢ and fair vieiv of the state of affairs of the charitablc company and th¢ group and OF the incomuig resources and application of resources, including the income and expendituie, of the cliarilable group for that period. In preparing these financial statements. the Governing B(KIy Tnembers are rquired to: select the most appropriate a¢counting rM)licies and then apply them consi5tently- observe the mthhods and principles in the Charitie5 SORP; make judgments and accounting eslimales that are reasonable and pnjdent. statc whether applicable A¢counting Standards have been followed, subject to any tnalerial departures disclosed and explaincd in the financial 51atements' and prepare the financial Siatemenls on the going concem basis unless il is inappropriate to presume that the charitablc coinpany ivill continLl¢ in business. The tllembers of th¢ Governing Body are responsible for keeping adequale accounting records that are sufficient to shoiv and cxplain the charitable company's Irdnsactions, disclos¢ with reasonabl¢ accurac). al any time the financial position of the charitable cotnpany and enable thctn to ensure thai the financial statements comply ivith the Cornpanies Aet 2006 and the provisions of the charity's constitution. Thcy are also responsible for safeguarding the assels of ihe charit), and Ihc group and hence for taking reasonable steps for the prevention and detection of fraud and otlier irregularities. Relevant Audit Inforniation Insofar As each of Ihe Directors, as meTnbers of the Governing B(Kly, at the date of approval of this report is aware there is no relevant audil infornialion (inlortnation needed by the Compan} s auditor in conn¢¢tioii with prepariiig Il)e audit report) of iw.hich the Company's audiiof 15 unaivare. Each mcmber of the Governing Body has taken all the steps that he or sh¢ should have taken as a member of the Governing Body in order to make himself or herself aware of ihe relevant aiidil infornjation and to establish that the Company's auditor is aivare of that inforn]ation. Auditors Crowe U.K. LLP has indicated its ivillingness lo be reapwinted as statutory audilor. 17

Teltenhall College (Incorporated) (A Company limited by guarantee) Annual Report of the Governors for the year ended 31 August 2025 Approved by the Governing Body of Tettenhall Coll¢ge on ZO M A -2026, includin& in their capacity a5 ¢0 i)y directors. approving the Directors. and Strategic Reports containd therein. and signed on it5 behalf by: Ch&imian 18

Tettenhall College (Incorporated) (A company limited by guarantee)

Independent Auditor’s Report to the Members of Tettenhall College (Incorporated)

____________

Opinion

We have audited the financial statements of Tettenhall College (Incorporated) (the “charitable company”) and its subsidiary (the “group”) for the year ended 31 August 2025 which comprise the consolidated statement of financial activities, consolidated balance sheet, consolidated cash flow statement and notes to the financial statements, including 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:

• give a true and fair view of the state of the group’s and the charitable company’s affairs as at 31 August 2025 and of the group’s incoming resources and application of resources, including its income and expenditure for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

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 Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’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.

Material uncertainty related to going concern

We draw attention to note 1.2 in the financial statements, which sets out the challenges arising from the impact of Government changes affecting the independent school sector. In particular the budgets and forecasts are dependent on the maintenance of pupil numbers, continuing support from the bank and receipt of funds from sale of surplus land and donations in line with expected timeframes . As stated in note 2.1, these events or conditions, along with the other matters as set forth in note 2.1, indicate that a material uncertainty exists that may cast significant doubt on the Charity's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

In auditing the financial statements, we have concluded that the directors’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other

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Tettenhall College (Incorporated) (A company limited by guarantee)

Independent Auditor’s Report to the Members of Tettenhall College (Incorporated)

____________

information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

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 this gives rise to a material misstatement in the financial statements themselves. 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.

Opinions on other matters prescribed by the Companies Act 2006

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

• the information given in the trustees’ report, which includes the directors’ report and the strategic report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and

• the strategic report and the directors’ report included within the trustees’ report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In light of the knowledge and understanding of the charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report included within the trustees’ report.

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

• the parent company has not kept adequate accounting records; or

• the parent company financial statements are not in agreement with the accounting records and returns; or

• certain disclosures of trustees' remuneration specified by law are not made; or

• we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 16, the trustees (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 trustees 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 trustees 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 trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

20

Tettenhall College (Incorporated) (A company limited by guarantee)

Independent Auditor’s Report to the Members of Tettenhall College (Incorporated)

____________

Auditor’s 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 auditor’s 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.

Details of the extent to which the audit was considered capable of detecting irregularities, including fraud and non-compliance with laws and regulations are set out below.

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 auditor’s report.

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We identified and assessed the risks of material misstatement of the financial statements from irregularities, whether due to fraud or error, and discussed these between our audit team members. We then designed and performed audit procedures responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our opinion.

We obtained an understanding of the legal and regulatory frameworks within which the charitable company and group operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Companies Act 2006, the Charities Act 2011 together with the Charities SORP (FRS 102). We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement items.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charitable company’s and the group’s ability to operate or to avoid a material penalty. Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and legal correspondence, if any.

We also considered the opportunities and incentives that may exist within the charitable company and the group for fraud. We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be the override of controls by management. Our audit procedures to respond to these risks included enquiries of management and the Finance Committee about their own identification and assessment of the risks of irregularities, sample testing on the posting of journals, reviewing accounting estimates for biases, designing audit procedures over income, reviewing regulatory correspondence with the Charity Commission and reading minutes of meetings of those charged with governance.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed noncompliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would

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Tettenhall College (Incorporated) (A company limited by guarantee)

Independent Auditor’s Report to the Members of Tettenhall College (Incorporated)

____________

identify it.

In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

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 auditor’s 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 the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Helen Blundell LLB FCA FCIE DChA (Senior Statutory Auditor) For and on behalf of

Crowe U.K. LLP

Statutory Auditor Black Country House Rounds Green Road Oldbury West Midlands B69 2DG

Date: 27 May 2026

22

Teltenhall College (Incorporated) (A Company limited by guiirantee) Consolidated statement of finan¢ial aetivitÈes for the year ended 31 August 2025 Unrestricted Notes Funds Restricted Endowed 2025 2024 FuDd5 Funds Total Total INcoThe 3nd eDdowm¢nts from: Charitable activitÉes School fees receivable Ancillary trading income Other trading activities Non-an¢illary trdding income Voluntary sources Grants and donation5 Other income Bank interest 6,998.742 203.207 6,998,742 203207 7.892,614 262,538 275.359 275J59 242,436 502.937 502,937 926,751 26.224 26224 28,899 Total incoming resources Expenditure on". Charitxble #ctivities 8.IM16.469 8,006,469 9,353.238 Education 8.356.815 8J56,815 8,334.107 Otbtr trading activities TTading activitie5 Total expenditure Net incorning (outgoing) funds rrom operation5 before transfers and invtstmellt gains 289,684 8,646,499 289,684 8,646,499 289,629 8.623,736 1640,030) (640,030) 729.502 Gainl(1055) on investments Transfer between fvnds 12 9.729 9,729 14,732 495J22 {49S*22) r4et movernent in funds for the year {14421)8) {495I22) 9,729 (630JOI) 744.234 Fund balances brought forward ai I September 2024 4.100.882 1.492.677 164.730 5,758289 5,014.055 Fund balances carried forward At 31st August 2025 3.956.674 996J55 174.459 5.127.988 5.758,289 The consolidated statement of financial activities incottK)rdtes the Income and Expcnditurc account. The notes on pages 27 to 44 form part of these finallcigl slatement& 23

Tettenhall College (llleorporated) (A ¢omp*ny limited by guarantee) Balance sheet as at 31 August 2025 (Company number 141727) Note Group 2025 Group 2024 College 2025 College 2024 Fixed assets Tangible assets Investments 7,566.604 137,819 7,704,423 7,698,198 133,090 7.831,288 7,566,604 137,919 7,704￿23 7,698,198 133,190 7,831,388 12 Current assets Stock Debtors (£290,604 due in more than one year) Cash and deposits 113577 116.554 1870 1.870 13 2J64260 429.229 2,654,176 3,199,959 2,626J57 655,885 2,494,877 3,152,632 l J43J47 3021,184 1,156.056 3,784283 Current liabilities Creditors payable withÉn on¢ year 14 (4,006,157) (2.750.046) {3,969J56) (2.702,819) Net current liabilities (184,973) (449,913) (185,073) (449,813) Total assets less current liabtlities 7519,450 8,281.201 7519,450 8,281,201 tAbng-term liabilities Creditors payable after one year 15 (2J91,462) (2,522.912) (2J91,462) (2,522,912) Net assets 5,127,988 5,758,289 5,127,988 5,758,289 Represented by: Endoived funds 21 174,459 164,730 174,459 164,730 Restricted funds 21 996,855 1.492.677 996855 1,492,677 Unrestricted funds 21 3,956,674 4,100.882 3,956,674 4,100,882 5,127,988 5,758,289 5,127,988 5,758,289 Tcttenhall College (IncorFK)rated) has taken the exemption from presenting a parent Staleme¥tt of Financial Aciivilies incorrx)r8ting Income and Expenditure Accounts under section 408 of thc Compani¢s Act 2006. The surpliis for th¢ ycar dealt %vith in the finan¢ial statctnents ofthe charitable company was a defiLit of £640,030 (2024.. £729.502 surpliis)- 24

Tettenhall College (Ikncorporated) (A cotllpany limited by guarautee) B#lance sheet as ai 31 August 2025 (Company number 141727) These financial state on ils alf by= nts ere approved by the Goveming Bcrtly on .20 m8y. 2026 and were signed (Chairnian of the Governing Body) The notes pages 27 to 44 forni part of these fU￿ne1&1 statements 25

Tettenhall College On¢orpora¢ed) (A company limited by gu2ralltee) Consolidated cash flow statement for the year ended 31 August 2025 202.5 2024 Net cash outflow from operattons Net cash provided by / (used in) opcratlng activities (609.430) 1,208,872 Cash flows from investing aetivities: Payments for tangible fixed assets Proceeds from sales of tangible fixed a55ets Proc¢¢ds on sale of investtnents Investment income and bank inteffst received Net cash used in investing activities {509*20) (773,549) 5,000 28,899 26224 (478596) (739,650) Cash flows from finaneing activiti￿. Loan repayments Finance costs paid Net egsh used in financing aetivitiey {136.660) (86.143) (176,865) (91.424) (222W3) (268,289) Change in cash and cash equivalents in the reporting period (IJJOJ29) 200.933 Cash and deposits at 31 August 2024 2,654,176 2,453,243 Cash and deposits at 31 August 2025 lJ43J47 2,654,176 Reconciliation of net income to net cash flow from operating activities Nel incoming resources Elimin<ltion of non-orrtrating cash flows: Investment in¢om¢ and bank inlertsl Financ¢ costs D¢pr¢¢iation chargc Capital Goods scheme adju5tmenl De¢reasel(increase) in stock (Increase)/decrease in debtors Increasel(decreas¢) in ciedilors {640,030) 729,502 (26224) 86,143 307,432 333,982 2,977 (1,935.031) 1261J21 (28,899) 91,424 294,455 10.524 69,471 42,395 30.600 479.370 Net cash inflow frotn operntions (609,430) 1 ?08.872 The notes on pages 27 to 44 form part of these financial statements. 26

Tettenhall College (Ineoryorated) (A company limited by guarantee) Notes forniing part of the finlucial statemellts for the year t￿ded 31 August 2025 LEGAL STATUS OF CHARITY The Coll¢g¢ is a company IAmil¢d by guardntee (registered number= 141727) which is registered in Eiigland and Wales. It registered as a charity on 6th September 1966 and its charity registration number is 528617. The ￿gist¢r¢d office and principal place of business is WO￿ Road, Tettenhall, Wolvcrhampton, WV6 8QX. The prin¢ipal aciivity of Tettenhall College is a successful ¢o-edu¢ational, independent day and boarding 5ch(K)I for pupils aged 2 to 18. ACCOUNTING POLlCtES The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Sialemertt of Recommended Pra¢ti¢e applicable to charitics pr¢paring thcir accounts in ac¢ordance iyith the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS102) {effectivc l January 2019 - {Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The College Tneets the definition of a public benefit entity undcr FRS 102. A55¢ts and liabiliti¢s are initially recognised at historical cost or transaction value unles5 otherwise ststed in the relevant accounting policy. 2.1 Going eoncer The Governors have Lindertaken an in-depth review of the going con¢¢m assessment of the College in relation lo the impact ofthe rec¢rti Govcrnment changes to VAT on School Fc¢s. r¢moval of business rates relief and increases in National Insurance contributions. The College is confident that the ¢hang¢5 thcy are putting in placc to makc fccs mor¢ affordable together with intcnsive markeling efforts and increased overseas travel Ivill provide certainty and ¢onfideiice concerning affordabiliti, for paTtnts. The College will also seck to tnakc e￿Ic7¢ncles ivithout detriment to the excellent level of education currcntly provided. Additional capacity has bccn addcd iii key areas to axitnise growth aiid improve ihe pupil pipeline ii'hich ivill floiv through over the nexi 5 years leading lo increased numbers in thc Preparatory and Senior S¢hools. The Colleg¢ 15 confident the ￿￿￿rdIng market will improve and expand inlo developing areas. Additional investment in marketing videos and online tours has enabled the College lo display its provision to both local and intcrnational prospeclive parents and pupils. Notwithstanding this confidence. the budgcts and cash floiv forecasts arc dependei)t on th¢ continuing support by the bank, sale of surplus land and receipl of donations in line il'ith the expected limefraine and the maintenance of pupil numbers. Whi151 the Governors 2nd managcmcnl &71isfi¢d from their review of budgets and forecasts thai it remains appropriate to pr¢pare the financial staiements on a goinLy coiicern they recognise that the reliance on ihese factors is not wholl), ￿.]thin their conlrol and therefore there remains a materiality un¢¢rtainl)' that could impact the financial viability. of the Collcge. 27

Tettenhall College (Incorporated) (A eompany limited by guarantee) Notes forTning part of the financial 5tatemeDts for the year ended 31 Augu$¢ 2025 2. ACCOUNTING POI,ICIES (continued) 2.2 Basis of consolidation The consolidated financial ststements include the financial statements of the College and its subsidiary undertaking made up to 31 August 202S. The results of the subsidiaries, as shown in note 12 are consolidated on a line-by-line basis within the consolidated Statement of Financial Aclivitics (-SOFA"). In the College's financial statements. investments in subsidiary undertakings are staled al cost less provision for permatkeni ditninution. 23 Critical accounting judgements and key sources of estimation uncertainty Preparation of the financial statements requires Governors to make significant judgements and estimates. The items in the financial siatemenls where these judgcments and estimat¢5 have been Inade included.. Doubl￿] debt provision= Fees re¢¢ivable are evaluated and a specifjc provision is appli¢d to each account based on management's judgement and experience. 2.4 Fees and similar earned income Fees receivable and charge5 for services and use of the premise& less any alloivance5. scholarships, bursaries granted by the College against those fees. but including contributions rc¢¢iv¢d from restricted funds. are accounted for in the perii)d in which the service is provided. 2.5 Investment income Investment incomc frotn dividend4 bank b8lan¢es and fixed interest securities is accounted for on an aLcruals basis. Income from investment properties is accounted for in the period to whÉ¢h the reiital incom¢ rclal¢s. Rcntal incom¢ (including incentives received OT paid) for operating leases on investment property are recognised in profit or10ss on a strdight line basis over the lease terni. 2.6 Donations, leg3icies? grants and other voluntar}. inroming rosources Voliintary, incoining resources arc accounied for as and wlien enliilement arises, the amount can be reliably quantifi¢d and the economic benefit to the College is considered probable. Voluntary income lor thc Coll¢¥e'5 g¢nernl purposes is accountcd for as unrestricted and is credited to ihe General Reserve. W)er¢ the donor or an appeal has imposed trnst lam, resirictions, voluntary iiicom¢ is credited to the relevant restricted fund and incoming end0￿￿￿entS are accounted for as permanent trust capital or expendable trust capitol. according lo ii'hether the donor intends retention is lo be p¢rmai)ei)t or not. Gifts in kind are valued at estimated open niarket v#lu¢ at the dale of gifL in the Ca￿ of assets for rctenlion or ¢onsumption. 28

Tettenhall College (Incorporated) (A compally limited by guarantee) Notes forming part of the financial statemellts for the year eknded 31 August 2025 AC.COUNTING POLICIES (c(bntiuue(l) 2.7 Expenditure Expenditure 15 accru¢d as soon as a liability is considered probable. discount¢d to present value for longer- terni liabilities. Expcnditure attributkblc to more than one cosi category in the SOFA is apportioned to them on the basis of the estimated atnount attributable to each aclivity in the year. eithcr by reference to staff titne or the use made of the iinderlying assets, as appropriate. Irrecoverable VA T is included ivith the iteTn of expenditure to which it relatss. Governance costs comprise the costs of complying with conslttutional and statutory requirem¢nts. 2.8 Tangible fixed *s8ets Expenditure on the acquisition. ￿nSt￿Ction or enhan¢em¢nt of land and buildin8S Costing morc than £ 1,000 together iyith v¢hi¢l¢s, furniture, machinery. Icr infrastructure and other equipment costing more than £l.000 are capitalised ond Carried in the balance sheet at hi51orical cost. Other expenditure on equipment incurred in th¢ nonnal day-to-day running of the Collcge is charged to the Siatement of Financial Activities as incurred. 2.9 Dcpreciation Dcpr¢ciation is provid¢d to write off the cost of all relevant tangible fixed assets less estimated residual value based on curretit Ma￿et prices, in equal annual instalments ovcr Ihcir expected uscful econotnic lives as follows: Freehold lond and buildings Fixed Asset improvements Furniture and fittings Vehicles and equipment 100 years straight line l O to 25 years Straight line 10 years straight line 5-8 y¢ars straighi line 2.10 Inveslments Listed invcstmenls are valued at market value a5 at the balance she¢l date. Unrealised gains and losses arising on th¢ reyaluation of investments orc crcdilcd or cliarged io ihe Siatenient of FinanLial Activities and are allocated to th¢ appropriate Fund according to the "oiinership" of the underlying assets. 2.1 I Stock Sto¢k represents g(M)ds for resalc and is valued at the lower of cost and net realisable value. 29

Tetttnball College (Incorporated) (A company limited by guxratttee) Notes forming part of the finanei21 $tatemeDts for the year ended 31 August 2025 ACCOUNTING POLICIES {continued) 2.12 Fund aeeoun¢ing The charitabl¢ funds of the Colleg¢ are accountd for as unrestricted or reslricled income, or as endoi¥ryn¢nl capital. in accordance with the ternis of trust imposed by the donors or any appeal lo which they may have responded. Endowment fiinds are fvrther Su￿dIvId¢d into permanent and eX￿ndable. UDr&stricted income belongs lo the College's cortM)rdte reserves. spendable at th¢ dis¢retion of the Governors either to further the College's Objects or to benefit the College itself. Where thc Governors decide to sel aside any part of thcs¢ funds to bc used in future for some specific purpose. this is accounted for by transfer to the appropriate designated fund. Restricted income comprises gifts. legacies and grants where there is no capital retention obligaiion or power bul only a trnst law restriction to som¢ specific purp)se int¢ndcd by the donor. Permanent endowment arises Ivhere a donor intends the gtft lo be retained pertnanently for use by th¢ Colleg¢ or for its fuwicial benefit (i.e. by investment). 2.13 Pension costs Retirement benefits to employees of Ihc College are provided through three peiision schemes. one defined cfit and two defined contribution. The pension costs charged in the Statement of Financial Activities are determined as follows: (a) The Teachers, Pension Scheme - This scheme is a multi-employer pension ￿h¢￿¢. It is not possiblc to identify the Collcgc's share of the underlying assets and liabilities of the Teachers. Pension S¢heme on a consistent and reasonable basis and thcrefore, as rcquired by FRS102, it accoiints for the sch¢mc a5 if it i%'ere a defined contribution scheme. Th¢ College's contributions. Ivhich are in accordance with the recommendations of the Govemmcnt Actuary, are charged in the period in which the salaries to which they relate are payable (b) Aptis Pension Scheme - This is a defined contribution group personal pension plan with Aviva. Employer's pensions costs are charged in the ￿rIOd in which the salaries to which th¢y relate are payable. (c) The Tettenhall College Group Personal Pension Plan _ This is a defined Contribution group personal pcnsion plan ivith Aegion. Eniployer's pensions costs are ¢haTgcd in the period itt which the salaries to ivhi¢h the). relate are payabl¢. 2.14 Operating leases Rentals under operating le￿$ are charged on a strnight-line basis ov¢r the lease t¢m), even if the payments ar¢ not made on such a basis. Benefits received and receivable as an incentive to sign an OTKrating lease are similarly spread on a straighi-line basis over ihe lease ierwn. 30

Tettenhall College (In¢orpornted) (A company limited by guarantee) Noles forming part ofthe financial ststements for the year ended 31 August 2025 2.15 Fin¥nei¥l instruments Basic financial instruments are initially recognised at transaction value and subscqucntly measured at amortised cost ivith the cxception of invcstments and cash at bank and in hand which are held at lair value. Cash at bank and in hand ts defii)ed as all cash held in instant access bank accounts and used as working capital. Financial assets held at amortiscd cost comprise trade and other dcbtors. A specific provision is made for debts for ivhich r￿0Verabl1ltY is in doubt. Financial liabilities held at amortised cost comprise all creditors except social security and other taxes and provisions. CHARITABLE ACTIVITIES- FEES RECEtVABLE 2024 Fees receivable eon$i%t of: School fees Less: total s¢holor5hip5 and bursaries 8A30,728 1431986 9,465,254 1 $72 640 CHARrrABLF, ACTIVITIES- OTHER TNCOME 2025 2024 Transport Surplus ork pupils. rechargeables School trips Sqiia5h Academy Other Slimmer Camp Unifom shop 26,536 (7) 42,949 5580 41,458 137 109,094 8,730 13022 114 17.432 162 538 OTHER TRADING ACTIVITIES 2025 2024 Trading income Hire of facilities- S¢hool Hire of facilities- T¢ttcnhall College Enterprises Limited ,276 849 241587 31

Tettenhall College (Incorporated) (A Company limited by guarantee) Notes forming part of the financial slatemellt$ for the year ended 31 August 2025 GRANT.S ANn DONATIONS RECEIVABLE Uknre5tricted Restri¢¢ed Endowment Total 2025 Total 2024 tkvelopment donatÉons PTA Oih¢r Legacy Day of Giving 500,000 500,000 901.834 2.937 2,937 25 13,138 11.754 502,937 502,937 926,751 Included in donations above are donations from trustec5 totalling £500,000 (2024 £600,000). Restricted donalions in 2024 were £916.834 ANALYSIS OF EXPENDITURE Staff costs (note 9) Depreciatio (Dote 11) Other Tot21 Total 2025 2024 ChAritable expenditure EduLalion Teaching Welfare Pretnises repair and maintenanc¢ Support costs and governanc¢ Interest payable 4.122.234 417,393 277,953 509.574 13.647 470.036 755,442 680,505 730,103 86.143 4,605,917 1,172,835 1252243 1239,677 86,143 4.702,779 1.170,667 1,326,977 1.042,260 91.424 293.785 Total charitable expenditure SJ27.154 307,432 2,722,229 8J56,815 8,334,107 32

Tettellhall College (Ineoryorated) (A eompany limited by guarantee) Notes forming part of the finADcial statements for the yegr ellded 31 August 2025 GOVERNANCE COSTS Governance included in support costs: 2025 2024 Retnunerdtion paid to auditor for audit services Other govcrnance costs 21,448 24,855 2,255 22,600 27,110 Travel expenses were r¢claimed by no members (2024: 0) of the GovernTT]g B(￿. During the year, indemnity insurance ivas in place to cover the liability of the Governors and other officers in respect of n¢gligent default, breach of or breach of duty. STAFF COSTS 2025 2024 The aggregate payn)11 wsts for the yw were as follows: Wages and salaries Social security ¢osts Other pension costs 4206834 448001 671519 4.016,892 376,789 602,147 5J27,154 4.995,828 None of th¢ Governor5 received any remuneration or other benefits from Tetlenhall College or from any Col￿ected body. Aggregate cmployee benefits of key management personnel 639.682 598,975 2025 2024 NLimber of paid employees in bands of- £50.00 I to £60,000 £60,00 I to £70,000 £70,00 I to £80,000 £80,00 I to £90,000 £IOO.001 to£l10,OOQ £140,001 to £150,000 £160,00 I to £170.000 The number ivith retir¢m¢nt benefits accruing in Defined Benefit schemes was 33

Tettenhall College (Incorporated) (A eompally limited by guarantee) Notes forming part of the financial statements for the year ended 31 Amgust 2025 STAFF COSTS {COI¥4TJNUF.D) College pension contributions for these employees amounted to £89,268 (2024.. £81,037) Th¢ average number of the College's employees during the year was: 2025 2024 Teaching Welfare Premis¢s Support 89 17 12 14 132 89 17 12 14 132 10. NET INCOMING RESOURCES 2025 2024 This is stated after charging Depreciation Operating lease rentals Auditors, r¢muneralion.' audil Se￿1¢¢S (exclusive of VAT) ALiditors' remuneration.. non-audit service5 (excliisive of VAT) 307,432 294,455 43,421 20,712 .100 20,408 960 34

Tettenhall College (Incorporated) (A eompany limited by guarantee) Note5 forming part ofthe fiDaneial 5ta(ements for the year ended 31 August 2025 11. TANGIBLE FIXED ASSF.TS Group and College Freehold land buildings Furniture and fittings Vebieles and equipment Tothl C05t At I September 2024 Transfer Additions Disposals Capital Good5 scheme adjustment 9.490,808 851521 360J67 10,702,696 498222 11598 So9￿2￿ (333,982) (333,982) A¢ 31 August 2025 9,655,1)48 851521 371,965 10078,534 Depreciation At I September 2024 Charge for the year Disposals 1,989391 245,136 683379 48,649 331,928 13.647 3,IH14,498 307,432 At 31 August 2025 2234,427 731,928 345,57S 3Jll,930 Net book value At 31 August 2025 7,420,621 119,593 26J90 7566,604 At 31 August 2024 7,501517 168,242 28,439 7,698,198 All tangible fixed assets are held for use on charitable aclivitics. 35

Tettenhall College (Incorporated) (A compally limited by £uarxn¢ee) Notes forming part of the finaucial stgtements for the year tllded 31 August 2025 12. INVESTMENTS Group College 2025 Group 2024 College 2024 2025 At I S¢pl¢tnber 2024 {Decr¢aseyincrease in value of investments Addilions Disposal Investments At 31 Augus¢ 2025 Investments Comprise: 133,090 9,729 133,190 9,729 123.358 14,732 123,458 14,732 (5,000) 137019 (5,000) 137,919 (5,000) 133,090 (5,000) 133,190 Listed investments Equities Transact Portfolio Subsidiary Tetienhall College Enterprises Ltd 137819 137019 133,090 133,090 l(M) 100 137,819 137,919 133,090 133,190 T¢ll¢nhall College Enterprises Ltd is l 0￿/• owned by the College. The registered o￿let is Wood Roa Tettenhall, Wolverhampton. WV6 8QX and its registered number 11293295. The profit for the period ended 31 Augusl 2025 ivas £98,727 (2024= £37,645). all olwhich was donated to tlie College. Net assets at 31 AugLlSt 2025 We￿ £100 (2024= £100). 13. DEBTORS Group 2025 College 2025 Group 2024 College 2024 Fees and extras Other debtors Amounts ow¢d from subsidiat). undertaking Loan to subsidiary undertaking Other prcpa)'nienls and accrLied incom¢ 1,809281 3.53,406 ,809281 336,800 208,703 70.000 201,573 2,626J.$7 340.610 5,550 340,610 3.988 158,218 70,000 83,069 655,885 201573 2 J(A260 83,069 429,229 Due to the inlroduetion of VAT on School Fees the Auturnn terni fees have now fallen into pre year eiid period. As siich the fee debtor has increas¢d significantly compared to the previous Jear. This is offset by a def¢rred income creditor. See note 14. Other debtors contatns £333,982 splii ltheen £43,378 due within one year and £290,604 due ovcr one year in respect of the s¢h(K)I's Capital goods scheme Claim. 36

Tettellh211 College (In¢orporated) (A eompany limited by guarantee) Notes forming pthrt of ibe financial s¢*tements for the year ended 31 August 2025 14. CREDITORS: atnounts falling due ivi¢hin one year Group 2025 College Group 2024 College 2024 Deposits from parents Mort8ag¢ loans (see note 16) Fees received from parents in advance Deferred Income Trad¢ creditors Taxalion and social security Oth¢r c￿dItorS A¢¢tvals and deferred income 312,168 7.S,608 656,101 1,823 J04 237,012 501,618 89,507 310,839 4,(N)6,157 312,168 75,608 656,101 1823J04 221,848 500,856 75,197 304274 3.969J56 291,403 182,881 1.639,547 291,403 182,881 1,639,547 154.768 102,084 80,008 299,355 122.382 95,793 76.962 293,851 2.750,046 2,702.819 The deferred income cr¢ditor relates lo Autumn tern) lee5 included within debtors that relate to the following year. See note 13. Fees in advance represent payment for fee5 relating to tcrnis within the 202512026 financial year. Movements during the year w¢re- Group 2025 College 2025 Group College 2024 2024 Balance at I September Resources deferred during the year Amounts released from previous )'ears Balance at 31 August ,639547 ,639547 656,101 656,101 (1.639,547) {1,639,547) 656,101 6S6,101 1.612.166 1,612.166 1,639,547 1,639,547 (1.612,166) (1,612,166) 1.639,547 1,639.547 15. CREDITORS: gmouuts falling due after more thao one ye4r Group 2025 College 2025 Group 2024 College 2024 Fees received from parcnts in advancc Mortgage loans (see tEote 16) 99,466 2291,996 2J91,462 99,466 2291,996 2J91,462 201,529 2J21,383 2.522,912 201.529 2,321,383 2,522,912 37

Tettenhall College (Incorpornted) (A company limited by guarantee) Note5 forming parl ofthe finaneial stalements for the year ended 31 August 2025 16. MORTGAGE LOANS Group and College At the balanc¢ sheet date. the mortgage loans were repayable as follow5.. 2025 2024 Within l year In 1-2years Tn2-5years In more than 5 years 75,608 186,130 605.107 1SOD,759 182,881 189,208 608,274 1,523,901 2J67,604 2,504,264 The loans are seclired by first legal charges over the College's freehold property. Thcrc are two loans which bear fixed interest rates of 2.840/0 and 4.9V/o and are being repaid by monthly instalments with a capital rcpayment holiday between May 2025 and March 2026. These loans will repaid by Septembcr 2036 and January 2037 respectively. Loan interest charged lo th¢ Siatejnent of Financial Activities amounted to £86.143 (2024.. £91.424). 17. FINANCIAL INSTRUMENTS Group 2025 Group 2024 Financial assets measured al fair value (b) 1293,075 2.111,603 (a) Financial assets Tnclude fee debtorA, slafy loaTts awtd other debtors (b) Financial asset5 hcld at fair i'alue include a5Kls held as investments (c) Financial liabilities iTtclude deposits. fees in advance, trade creditors. and other creditors 38

Tettenhall College (Ineorporated) (A company limited by guarantee) Not¢5 formI￿g part of the financial $tatements for the year ended 31 August 2025 18. LF.ASES Group and College At 31 August 2025, the College had th¢ following commitments under non-cancellabl¢ operating lea5es.' 2025 2024 Operating leases which ¢xpire: Within one year Within two to five years 17,085 38,656 17.085 38,656 19. FUNDS OF THE COLLEGE The College's funds are analys¢d under the following headings: ENDOWED FUNDS The Clay ettdowment fund represents iT]vestm¢nts gifted to the College to be held as capital. b) RESTRICTED FUNDS Development Fund This represents donations received for a specific purpose, namely the continuation of the Tettenhall College Capital Development Plan. These funds have been used for their intetEded puJpose and the costs were capitalised as unrestricted funds. Accordingly. the balance on this fiind ha5 now bcen transferred to unrestricted fvnds. Towern RIM)f Fund This reprcsents donations received for a spe¢ifTC purwsc, namely the replacetnent and repairs of the Towers roof. Aston leg*ey A nLimb¢r of paintings and books ivere left to the College in November 2017 by fornier pupil. Mr Aston. The estimated value of thes¢ is £20,000 and the). are lield as r￿ed assets. Other restricted funds The other flinds rcpresent donations rcceived for specific PUTtx)ses which have been used as intended. UNRESTRICTED FUNDS Unrestricted funds represent accumulated income Irom the College's activitics and other resources that are available for the gen¢ral purposes of the College. Amounls transferred from restricted futtds are where fund5 received for the replacement a¥Jd repairs of the ToiYer5 roof have been used for their iniended purpose and the costs have becn capilalized as unrestricted funds. 39

Tettenhall College (Incorporated) (A company limited by guarantee) Notes forming part of the financial sta¢etnents for the year ended 31 August 2025 20. ANALYSIS OF NET ASSETS BETWEEN FUNDS At 31 August 2025 Endowed Restricted Unrestricted Tolal Tangible fixed assets Investments Nel current li8biltties Long tem] liabilities 515822 7J84,764 (20,01)0) (1,016,628) (2J91.462) 3,956,674 7,900,586 137,819 (518,955) {2J91,462) 5,127,988 157,819 16,640 481,033 174,459 996,855 Ai 31 Augusi 2024 Endowed Restricted Unreslricled Tolal Tangiblefuedassets Securilies investments Nel Ciwreni liabilElie5 Long ierm liabililies 799. 157 6.899,041 (15.000) (401. 770) (2,321.385) 7,698, 198 133,090 248,384 (2.321,383) 148.090 16,040 693.520 164, 730 1.492,077 4,100,A82 5, 758,289 40

Tettenhall College (Incorporated) {A company limited by guarantee) Notes forming part of the fiDan¢ig1 statements for the year ended 31 August 2025 21. SUIVIMARY OF MOVEMENTS ON MAJOR FUiYDS At 31 August 2025 At I Incoming Resollrces Gainsl Sept re50urc expeuded (￿)￿Se5) 2024 Funds transfer Ai31 August 2025 Unrestricted funds G¢n¢ral reserve 4,IOON2 8,1)06,469 (8,646,499 4,1110082 8,01)6,469 (8,646,499) 495,822 3,956,674 495,822 3,956,674 Restricted funds Aston paintings Towers Roof 20,000 1,472,677 1,492,677 20,0110 976,855 996055 495,822 (495,822) Endowed - Perjnanent Clay eiidowm¢nt 164,730 164,730 9.729 9,729 174,459 174,459 Total Fullds 5,758289 8,006.469 {8,646,499) 9,729 5,127,988 Ai 31 August 2024 Ai I Incoming Resources Sepl resources e-yjended (Losses) 2022 Funds traiisfer Ai31 Aiigiist 2024 UAre.slricledfund¥ (rviigi'ul rL'sL)rvc 3.488.357 8,436,404 8,603,036 3,488.357 8.436,404 (8.6n3,030} 779.157 4,JOO.882 779,157 4, 100,882 Reslrieledfunds A.%ton painlings OT Biir.sarial Fund OT ToTrvers Resloralion Projecl OTBoiirclL)rs Fiilld OT,¥cholars Programme PTA doiiiElion Toivers kilchen Toivers Roof 20.000 50 2.650 l.iOO l.iOO 1.350,000 20.000 (50) (2.650) (1,500) (l.iOO) 901.834 12,iOO 2.500 916.834 (779, 157) 1.472,677 (12,iOO (2,500) (20. 700) Endowed- PernillAenl 1,375, 700 (779, J57) J.492,677 14Y. 998 Toial Funds 149, 998 14, 732 14, 732 104,730 164,730 41

Tettenhall College (Incorporated) (A ¢ompany limited by guarantee) Notes forming part of tbe statements for the year ended 31 Augu512025 22. PEP4SION SCHEMF.S Retirement benefits to employces of th¢ College are provided through one defined b¢nefit s¢heme and one defincd contribution scheme. which are funded by the College's and employees, contributions. Defilled benefit schemes The Colleg¢ participates in the Tea¢hers' Pension Scheme ('%he TPS") for its teaching staff. The pension charge for the year includes contributlOT15 payable to the TPS of £531.290 (2024.. £508,416) and at the year-end £45,817 (2024 - £62,328) was aCC￿ed in r¢s￿t of contributions to this scheme. The TPS is an unfunded multi-employer defmed b¢ncfits pension scheme governed by The Teachers, Pensions Regulations 2010 (a5 amend¢d) and The Teachers, P¢nsion Scheme Regulations 2014 (as amended}. Members contribute on a "pay a5 you go" basis with contributions from members and the employer being credited to th¢ Exchequer. Rclirement and other pension bettefits are paid by piiblic fiinds provided by Parliament. The employer contribution rat¢ is set by th¢ Secretary of Stale following schetne valuations undertaken by lh¢ Government Actuary's Department. The most recent a¢tuarial valuation of the TPS was prepared as at 31 March 2020 and the Valuation Re￿rt %vas published in (kiober 2023. The Valuation Rew)rt shows notional assets of £222.2bn and liabilities of £262bn, resulting in a schem¢ deficit of £39.8bn. The employer contribution rat¢ for the TPS 15 28.60/•. and employers are also required to pay o s¢heme administration levy of 0.080/0 givÈng a total employer contribution rate of 28.680/0. Defined contribution schemes The Tettenhall College Group Personal Pension Plan slartcd in August 2008. This is a money purchase groiip personal pension scheme managed by Aegon. Basi¢ contributions arc 30/0 for the employee and 30/0 for the eJnployer. The employer's contributions are charged in thc Statement of Financial Activities in the period in ivhich the salarie5 to which they relate are due. The eTnployer's eonlributions in the year amounted to £90,309 (2024.. £88,409). At 31 August 2025 th¢re i%'ere £16,465 unpaid pension ¢ontributions for thi5 scheme (2024.. £14,635)- The Tettenhall Aptis Pension Plan started in May 2025 for Current and new teaching staff. This is a money purchase ¥roLlP personal pension sch¢m¢ tnanaged by Aviva. Basic contributions are 00/0 for the employee and 23.68% for the employer. The etnplo)'er's contributions are charged in tl)e Staleineni of Fii)anLial ALtivities in Ihe period in i%'hich the salaries to i*hich the). relate are due. The emplO￿.er s contributions in the ycar aniounted lo £42,859 (2024: 0). At 31 August 2025 there ¥¥'ere £12,914 unpaid pensioii contributions for ihis scheme (2024.. £0)- 42

Tettenhall College {IDcoryorated) (A company limited by guarantee) Notes forniing part of the fin2nei#l statements for ihe year ended 31 Augus¢ 2025 23. MEMBE.RS' FUNDS The College is a Company limiied by guaranlee and does not have a share capital. The liability of ea¥h member is limited to an undertaking to contribute to the assets of the College such amount as may bc required not exceeding £10 in the ¢vcnt ofthe College being wound up. The Memorandum provides that no amount may be distributed to members and thal, on a winding up, any surplus assets shall be givcn to an institulion ivith similar objccts. Accordingly. there are no equity interests in the futkds of the College. 24. RELATED PARTY TRANSACTIONS The Headmaster's wife is an ¢rnployee of th¢ School. Her appointment was made independently and her remuneration is in line with the School's pay poli¢y. Th¢ HcadYna5ter ivas not involved in the employnient decision-making process. The Headmaster's wife is a member of the Key Management team. One trustee is a director ofcentrdl Design Group Ltd. This company did work for the schiK)l amounting to £13.056. Other related party transactions are disclosed. where applicable. in note 6 8nd 9. 43

Tettenhall College (Incorporated) (A company limited by guarantee) Notes fOrmi￿g part of the fEn*ncial Statements for the year ended 31 August 2025 25. STATEMENT OF FINANCIAL AcfiviTIES- COMPARATIVE FIGURES BY FUND TYPE Year ended31 August 2024 Unrestricled Re51ncled Endowed Fuvd5 iolal Income andendowmen15fronL Charilable aclivilies Schoolfees receivable Ancillary IradinR incnme Oiher Irading aclivilie5 Non-ancillary trading income Voliinlary sourc Grant.f donalions Other Income Bunk andoiher inleresl 7.892.014 202.538 7.892.014 262.538 242.430 242.436 9.917 916.834 926. 751 28.899 28,899 8.436.404 916.834 9.353.238 Erpendiliire on.. Cliarilfible aclivilies Educalion Oilier Irciding rtetivities Tp'<Jclipig aclivilie 8,313.407 20. 700 8.334,107 289.029 289,629 Tolal expenditiire 8.603.036 20. 700 8,623, 736 (166.632) 896.134 729,502