RKGisfERED CHARrrY NUMBER.. 528769 Ryrt of theThistees and CDnsoIAdted kntil Stste4Dents for the Year Ended 31 M•reh 2025 f•r TIiE TRUSTEES OF IHE GRAMMAM SCH(X)L OF KtNG EDWARD VI AT STrATFOBI) iJPON Avor4
THE TrUSIfLS OF THE GiiAMMARSCH(X)L OF KING EDWARD VI AT srRATFORD trpoN AVON Contents of the FIDaticI Ststemellts FOR THE YUR ENDKD 31 MARCH 2112S Report of th• IA&pndent Audity 6b)8 Consolidated Stattmffji of FlllwJ¢hi Arfivits¢S awTity Sithmffjt of Financigi Activitses io Clwity Bal0¢ Sh¢¢t 13tr114 C48h Flow Strtem•nt 15 to the Cash Flow slatsmt 16 Notès to th• FiD•n¢ial Ststtm¢nts 17to31 D¢tsiitA Sttttement ofFinaticial Ak*Yits 32to33
OF KING EDWARD VI AT srRATFORD bTONAVON Rep)rt ofthe Trnstt FOR THE YEAR LP4DED31 MARCH 202$ The trth pff5ent theiT with the fiDmcioI #ttoncDts ofthe the ye 31 Marc& 202J. The Ints have 4opt¢d tkn provtJioTrs of Aee(u)UDg and Re¥ by Chfftrities.. Statement of Recommend Practice li¢abl¢ to thtyiues prepariog thcir )unt$ in Wrdwc with the Fty)LiaJ Rwtin8 St8•dard appli¢tibl¢ in the UK and Republi¢ of fr¢land (FRS 102) (effective l 2019 ObjectAves nd im The Ch8rity'$ obj¢¢t Sod priEcpl activity is the provfftsiLYt of servi8 8Dd filitie5 for the Academy rnlled The Grammar Schiwjl ofKing Edwtrd VI at Strgrford.Urth.AwJn. Publlc benofft Act2011. In order to its the she owwl by thts Cknity 0ts4)led ty a sch(K)l def by th Edur4tion AaJ. The Ch tMTries oty thii obirtt by: Pmviding fimdth8 di[tty to the Ae4demy kn swx)rt the r•ati¢ finaTW oftho SLotsl. A8 a a1 thool wAth f¢w XODOtnies of SL¥le this fi2nd l Enables the School ts oper8ts 8n extththd K¢y Sty 4 srov&%ion in whl¢h #udffits w OCSEJ in Year 9 and able to r1Ve abm edu¢)n IA faD8¢ of 9jbi tydiwiiy be Jwille. 3. Enablelthe Cotytioued PTmlCm of ai¥ol at K¢y S s. 4. AIIow8 to pfonD mugk atevats kn attd beyoDJ the Sdwl frr public beDefiL CoJDmi95iOrting andlor contr&butiti8 ts hr8¢ S¢¢ Fwjects SLM4e of 1( sil FyoDd thB of publi¢ fimdin8, all of which Are 6¢Re&ll to the SolThl its follow l. Herlts8e LLthy Fundin& ttu8me4tèJ by addition futt& the &ity. sxurtsl iu 2015 to enable tho refi]rbisluneDt of the &ithtic Shaespelrfs Scknjroom 13uildball. This eDabIed li to open to the payin8 PLtblE¢ ILI 2016 18 th Attraetion providin8 SUPPOrt to th¢ of the S¢bool% hithri¢ buimw. The wider publi¢ bBn<fit 2. The Dy Seignce BuildiD8 Wgs ertlirely fiuKkd by a 20.yw loan rosouff by the Tnth ' 2008 and provides ex¢mplar sGi¢nce facillu forthe 21stce&kny. 3. In li8bt of the School being ungJ¢cessful ID bidding for Ac4dcn)i¢5 Capitsl ma1 Funds for sixth fon expth5ion. the charity is supportiDg the sdKKI iu cn8bliD8 lditsona] arcomodatM)D in orderto a¢xavDmTrJats forrn teachin8 and study fot whEch the ezisttll8 h0o1 tr¥ w ¢•p¥Ity. Thi% extra sw is fiuJd*mentslly itnp)rtaDt to th¢ 5th001.
OF KING EDWARD VI AT SThATFORD iJPON AVON Rert of tbeTT&rte FOR THE YEAR ENDED31 MARCH2•25 4. In recemt yeS the arity h&q also widerwrftth other wojccts to delivu a new Drnma stydio, cr¢at & Lew Food Tthlowl sp8¢e 8nd to pwrh8seat¢TDP)w libr all ofwbith hav¢enbatt(tA th¢ Sthol sigttificalltly. ChTltsbie attlvtti•s The SclK)o]rwn and Gulldbau were wed to the pubilc ID A1 2016. Thts way f¥nhJ by HLJI GTant fimdin8 of £1.787.402, tog4her with other grants obtsined by the (knty the own bjnds. Feulb8ek tsn the of the t0[atIOn aDd th¢ visitor cxpwl1¢ os a whoh has be vuy pol¥¢. h IS DOW of th¢ l¢adm8 tourist 4tts8¢tions in Str4rford4wn-AvoD. The pJ¢¢t&S conTrkt¢d in 2017. Througltout the 2024r25 fmanci81 year. the to Supp the xmL PthIy IA rwp•ct of th¢ provision of new sw>rting facititi¢5. The rteognise the ne&lg of the s¢lyyJl. in its ombition to maintsin its position of the SLool of ¢Tr#)iC¢ ITL the 9rM requires on8otO8 •d th6 Tnut¢ts intrnd to Awrt the ¢Mr10n of its filiiies OA 8 Site vlhth r¢maiDS ¢OD5trtiillill& Fwidr•lsln¥ iedvltkj ring the ¢ouYs¢ of the yur the Tnty[ were d¢lithty18lld very grAt¢fvl to Xtrxt a Thwmb¢T of slgJifi¢oTrt ODd William Tyler Charity • National Heritage Lottery From ItsDE to time the Chty ff¢¢ive# from hmrtr ptypils of thB l¥)ol bui is not a¢4iv¢iy fithi5in8 to solicit donations. FThANCIAL REvw Flnandgl pos1110ts Ch reserves of £748.161 (224 - £75227n bavt be dryosited with $ckEOke5s for pendin8 thoir u8¢ on capital proj¢Gts. ltseA)me TVd th•Ee is 08 folknvs". UK inv¢stm¢L4ts And illi¢r¢st £63.657 (2024 . £32,159). Th¢ Ttusteesryort4 swplus forthe ¢onsolidat¢d ¢bwityforth¢ y•gr of £23.Q76 (W24. swplug £97260). Iwome Tr¢eivabl¢ from th¢Thllld E4tste foEthe yw eThle4J 31 MaT¢h 2025 wgs£T7154212024 . 61141). The Ghatity r¢c¢ivol other illwtlle of £1258,195 rel[8 ty the s¢ of18Dd at Manor Ro*t. The chorfly Iw useA this inc(e lod donakd fiuJd5 to the thl tr) redcvelop 8Dd enlwLGe the sp)rts 8Tound the school utilis¢s. Inv•stm•nt poilcy And objetlfv c4pitsl wwth aT¥I dErat¢ IASL
THE TRUSTEES OF THE GRAMMAR SCllOOL OF IUNG EDWARD VI AT srRATFOBD UPONAVON Report oftheTrnstta8 FOR THE YEAR ENDED31 MARCH 20JJ FINAL¥CL RE£w Ruerves po]Icy The TnLSt¢es obieLtiv¢ is to msintstn c¥h trd Mthly reati3abl¢ InV¥ts¢s of £l]n iti rth to finSe th¢ loaD rop4yrntnts relatin8to lo#ns tskeJ outto WiSt with the Ickn(S &velopmsL Fre• Jrseryes lye measured %eneAI TeseThw after fixed aw¢ts and reJ•t¢d lofytts. At th¢ year end free r85erve9 Stood at £1.03&457 (2024.. £995.031). It is appreclated by the TnL5t#8 that this fi8 &Bllific4ntly vwhibt pmjttts ar¢ pm¢¢•Jiw The Tho sto¢k5 and 3bao5 hdd or¢ to sb(rt t£mi inVtstine4ts bwD8 hdd whtle fin•n¢ is Obtsin for wit•1 projects. The TTUStees to that sufGGicDt fiujds aTe rdfjid from income 4rism8 to meet the anaual thinistration exp¢nses of the Tru io¢luding the finao¢m8 of the It>gn rtpayJnW ther¢thtt ensur>¥ 811 intsJn)¢ 18 utili8d in fvrthtr8nc• o£tho Thobpoiv The CoDwlid&t¢d chity's totsl re%rve8 vezr £IO.100.470 * It 31 Mkrrkn 202S (a724 - £10.077.394). Of the$& Ytscrves £1.138,836 are Testrict&4 to siwrt the rtstOrnfioFA of GurlthAII Sh•kesperds S¢hoolro¢)m (2024 - £1221,262). tn additiaL £4,785.270 of the ttst r¥erve8 8re held iti qn En&wmeot Telatiog to Ind prop<ty held iti Str8tford-UpcTrAvoD . £4.785270). FtrruRK PLANS The Charity eoDtiDu&s to ¢kn¢ly th¢ thl to inwove th¢ SdKx)l F4t facilty alba to spjpport the s¢hool'i plottned xp4nsio At the 31st 2tr25 the Tnthes ¢(widty that their to awble them kn meet the ¢mimitmffits th¢y hm made t devdop th¢ facilitics ofthe $thl. STRUrn, GOVERNANLEAND MANAGEMENr Covernln% do¢umeDt The charity is ¢ontroll¢d by its gow a deed of trpM4 CO•¥n WUnLY)ryor4èJ ¢arity. Cbarity tont•ll The fvity WAS cOnStileA1 the 20th Novemb•r 1998 io arford&nc¢ with the (knryty Commimioocrf S¢hem¢. Charity is to be admiDirtered ijh accordatt¢¢with the s¢buD< whlth repl#athe fornir of the ChrtY. Recndtment and appolDtmentof neir tr Ap]ntt and Terno of Trusthe5 is governed by of the ChaTity d•d 2Ixb Nornbtr 1998. Orzalltrtill ththire The TTUStees' body administus the ¢harRty The Trusteos • me<t qTWrtety. The pruKipl matr¢rs of the Ch8rity D¢¢tslon m2king With Ollc trysie¢ a]w servin8 as A Govemty of the ScJKK)I thert 5s a ck)J¢ 7rothg Tel10D51)Ip with the Govemors ensuring tknt their Id and requirneots are into YQUQL 5ubjca aDy fiDallci8J Ttstraints. wLsiderin8 how the ffi&ods avgilablt should wt th¢ tejxfitof the S¢h(x)l It its pwits. Inthictlon ud trknADg of trttlte TIUSt 8x¢ ¢Dcouragd to consitkr the rekvant a)arity ComMisA 1105 WI tkn will faclt itste the Unding of theirrol¢.
OF KITrIG EDWARD VI AT srRATFORD UPON AVON Reprfvrt of the TTUJtets FOR THE YEAR ENDED31 MARCH2025 STRUCIU GOVRRNANCE AND NWIACEMR H¢lÉed nI¢S The dlty bas one wF#illy owned subsidiary. KES (ShakqxlTr SdLooI) tnt¢m•tional L4mited whi&L WAS for1tt tr) promote shakespeare's S¢hfy)I' intern(lY Ixrt had no Xivity in the year. a try5¢ee or sthior m4n4erof the cbarity with a supplie¥ or visitors of the Qarity bo di8¢losd to th• full board of The TnJste¢s ha the tnajQT risks to whicb tbe awity is exwsu£ in 1wti1llr those rel&ted to th¢ Operall3 aDd fin&Jees ofthe Clwbry and are wi8fied that sykn We p]&x mits8ate their eXlsu to the risks. RqKiJteTed Chrtty 528769 Printlpgl ddr¢BS King Edward Vl aTJmmtr S¢hool Church Street Stratf0Td.Up-Ayo CV37 6HB Trnite VGFM&tts The Mwuess of Htrtford DL ARAgS Ffj8h st¢W ofStrfj)rd.Up)n.ANvn D Lngl¢ (r¢3i8ued 22.11.24) D F AIJs¢in J RDowTLes (4)0)1* 15.724) R DraiTh lappiryt&J 29.4.24) CiIT T G Sinclair Audltora TC GTOWI Statutory Auditors CdixiT Hous¢ Stratford Business Te£b)I0&Y Patk Banbury Rd Stratford Upon Avi Warnvickshxr6 CV37 7QZ
THE TrusTEES OF THE GRAMMAR SCHIx)L OF KING EDWARD VI AT gfR4TFORD UPOP4 AVON li•wrt ofthe TrnsteL¥ FOR THK Y£AR ENDED 31 hlARCll 202S srATEMENT OFTttUSTEE8 RYSPONSIBrn ¢pplic4ble law and Unite4J Kin8dom A¢&)unkn8 Standards (Unitol Kin8donJ GCTallYAc1W AtIll8 Pr8¢ti¢¢). ineludiD8 Finao¢ial RewtiD8 SlaDdtrd 102 The Ftnwial Rewtin8 SrandaTd 8ppJicthle in the UK aod R%publi¢ of Trel8ttd". The law Applimble ift Ettsjattd Wal4 the Act 2011. •ity (Aecouots and Rwrts) Re1?tiOnS 2(rf)8 aod the provi8ioos of the trit deed rryuiw th¢ b) pry4Fe financi ststernents for each financial year which Bive a In and fwr view of the st8tt of of the c&arity 8nd of the Its11 r¢sourc¢5 and applica0 of resourcw tndudthg the TnC()rn• ajd of tht thrity for tF4t in prtyarkng tbose $4lt 8ultsble Oti8 wjlicies and then alY thD ¢rn&Stay. ob5erYe the meth¢)d8 and pEin¢ipl&% iti the Charity s(P. Jnake judgenjents and Mtimat¢5 d1 are reasonebl¢ 4Jd pYudts¢ state wh¢thu applic4ble #aTrda hav¢ he¢tt folbw& ¥]bjed to w mthlal depath di10sed and explained in the fillancial statemellts. The Irust#8 aT¢ respwiljle for keepTD8 Ffoptr aLtoiuititi8 re[th wlLi¢h dtsck) with townable a¢curney at Y tim4 the financial Posilion of th¢ ch¥ity tt enable thém to etwve thot the fiD4ttcial 3tanen¢s comply with the chtIeS Art 2011, the ChaEity {A¢counts wjd Re) Regulatio 2008 and the provi8ion5 of t]x trust deed. They ar¢ alsg r¢Jpowibl¢ for safe8wding the of the etharity Ind hm( kn lakip8 lenble for th¢ prevendon aDd d¢teaion of fiwd aDd other itre8ultri¢i¢•. Apixovtyl byozd•rof tb¢ iwd oftrtth<% on ..... ..... .. 4i8ThthJ on iti lhAlf by: D Ausiin. TnJ¢
Rep>rtoftheIlldepthtAdItors to theTTQtee5 4>1 THE TRUSTEES OF THE GRAMMAR S£HOOL OF KING EDWAIiD VI AT STRATFOIiD UPON AVON Opllllom W¢ havo lted the finCl $tthnts ofTr ofTheGrrn Scboolo£King Ethw8Yd VI atstralford Upotl Avon (the'parent chority,) And its subsidiaries (th¢'gTOUP) forthe y¢arendtsl 31 MorGh 2025 whith comp¥isoth# nsolidatd snd psrtnt ¢h2Tity StataneRIt of fiDaticid activitie% th¢ u>wlid81eil pmt chatiry bBl8nce 5heeL the ¢oE)solidate4J ststem¢ni of ¢&sh flOS aThd coDs91idAt¢d gtd clwity ootes tt) th¢ fmgn¢ial statC4nents. indudll)8 SI]fint awountitigpolicies. Tr fillcl repoTtiti8 frame thot h•y be¢D applid iti theirpTep8ratson is applicabk law Unit¢dKin8dorn A¢coynting StaDdarth. iodud]n8 Fin8nci Reportiti8 Standard 102 Tr Financial Reporring Stsndard applicablo iti theUK andRqwblic of bel•Dd (UDltrdKkn4dom fjeWally AcWtedAeuuf1thg Pr&rti¢¢). In our opinion tho fin181 st•temthts: ve • true alld fair vi¢w of th¢ st of the rn's and prnt ¢barity'S affairs as at 31 Mot¢h 2025, Ind of the group's iLcomtD8 T¢3ovrces ¥ppliolioD of rewurcu for the ye&then C. hav¢beer¢ FrOty pr¢ptt io K¢ordancewith United KiDgdoth QetLernEly Acce4tr1 A¢wulltiti8Pxactkce ' hawe prq)ar¢d ID I¢¢dnWith th¢ Twuirtmcoty of the Charities A¢t 2011. Bg5i8 lor opiTrS0ts We conduded our &Ilt in with Swdwds ¢)ts Auditing (UK) OSAS (UK)) aDd Appli¢knle law. Our respoDsibilities undu tboge Et•JthTds we furthttdeww inthe Aud15 T1 iiitie5 foT thi audit ofthe financial st¥t¢m¢Dts 3cdon of ourryoTL W• are indepmkn of the th8rity in accordsnce wlth the cthi¢81 tequirem¢nts th&t 8Te r¢l¢v8ntto onr awltt of the fJwL¢ial stat<ts in th¢ UK itLdudin8 the FRC'5 Ethic StsndaT¢ 8nd we have fulfilled owoth•r ¢thie41 KtswTrsibtlities ID a¢cbrd8Dtt with rf4uire4naxts. Wo tell¢ that the tlit ev1dell we hAY¢ obtauwd is s¥ffLcierrt •nd t0prOde • bASiS for owoplni ConclMlou• Ythtlng to goiDK tonc¢rn Jn 4uditiD8 the financi statemuts. we bttve coD¢iuded thatth¢ bWtetsus¢ ofth¢ pJi08 blSofI£tsng ID the prepthlioD of the fin8ncid statt¢nts is wropriat B&5ed on th¢ WO we have p¢rfonD&X we hAv¢ not identified ally wtttial relatsng to events w conditiOD& that Individuly or collectÉvely, ctstsigttificantdoubi on th¢ chtirity'5 ability to Lr)Dtinue &q a going conrxrn for a period or1¢$t tw%lve months from whets th¢ 8re wthorised for iwe. Our resp)nsibilities and the RYp(lI]llfta of th¢ trustres with Nptto 8orn8 cthc¢rn tr¢ de%rfbod inth¢ rel0¥t ections of this repJTL Other Inforni8110 The other inf0rni&t LYJmpTlw the infonnn ill¢lud¢d in the Otherth tho tlttallci ststemetyts and our auditol8 repct th¢rts)n. Th¢ trustets are res&Wl¢ foTthe oth¢r 1nf0nntr eontyined within the BThnwJ r¢porL ¢)uropinKry on the fin4Bcial statements does Dot coverth¢ otherihthrmatkn mdwe do not cxpress any fonn of Bsswance 0)[51¢ th¢rnn. Oor wonsibility is to re the other inforn ID so. consider vb¢ther th¢ other inf¢)miatK)D Is materially inCOOSiS¢¢Di with the ststelnthts or ourknowl obtsined iAthe course of th¢ oroth•Ni8e ppeary to be nwterigl1ymi&4. If w¢ idaltify suc mAterid incoosirten¢i¢5 or OPPWitmerial 155tatements, ar¢ ryiml to ¢Jderniine this 8Tves Eise to a m•tu1 misstsknent in the fJn8ttcial ststements them3elYN. tf, based ort th¢ we hwe we cOD¢de thatthtre is •mtsial mi89tthDeni of this other 1nf0rnth we aTE[qUiltO rep)rtths f( Welwv¢ nothkn8 in thi¥ TV Mi¢ters on whlch Yle required to report by extWII Wc hav¢ Dothipg report in of th¢ followittg Jnaltus iii r¢kntioo * whi¢h the ClTraTities (Acwurt8 and Reports) Regulatiiw 21J08 requiTe us to report tr) i£ kn ottroplDio the pslettt thwity 5 fman¢i8J ststemenL8 ar¢ not ID 98rewDe4rtwiththe wAwtlfjgYjrds. OT wo hfive not received all the infmion ond explanlot we tequiTr forour audil.
Rert of the [0depdent Audit•r5 to th¢ Trnsttts or THE TRUSTrES OT THE GK4htMAR scHL O&. KING EDWARD VI AT STRATFORD UPON AVON R¢5pottsibiliti8s oftrns¢ee8 explaioed more filily in tbe statement of trust¢es w11)niti• th¢ tsUStr¢s are rewDsibl¢ for th¢ ]Yeprtion of the finaoGid statemcnts and fr[D£ s8tisfi<hat they Rive a tnts god fair vi¢ty. attd hr surh u)ntrol &s the In preparing the financia] 5t2t¢ments, the resp)ttl>ie forfts5essin8 the clwity's 8bi]ity to continue a5 8 going Conce disc105in& as applicable. n)alters r¢W tts goitig ncern and u&ng th¢ 80ing concern b¥is of Allditovs rtsponsAbiittks f•r th¢ audi¢ ofthe 1fjD1Dd tets Our objectiv¢s are to obtain rcwnable Lwrance abow whth the finAn¢iaI 3tst¢menL8 &5 4 wbol¢ arc free fr( material mis5tstCnl¢lll. whether due to fra1 or¢m)r. and to IS an ludl1S rewi that includes ouropinioll. Re8son8ble tssurgnce is A hi8b level ofa$5urantt bot 15 Dota Sua1¢£ that att wditcondu¢trd in ac¢ordan¢e with ISAS (UK) will always detect A material WiteMent whett il ¢sts. Mi8Stat¢m¢Dts uis¢ fiDm fraud or wror ats lye considered materi81 ic inthvidually or in the ¥8yat4 th¢y qjuld re&sonably Ee expected * lTrAupnce th¢ rMI¢ declsloll5 of useTg 18k¢n on the basis of th¢s¢ fiDBncial SeMonts. Irrègularitie4 in¢lwlin8 are irL%taDees of )nlianCe with l•ws arHi lation& Th# ettt tr which our pro¢¢dures Iwbl¢ of detKtin8 imwJ1itle$ includitig fr¢ is dthiied below. Ex¢entto whltb the ¢ODthlered ofdettLtiAg IrrwhTItIES, frvd Th¢ objectiyes of ow thmlil in rupx b) W are.. to we55 the iisks of Materi misststem¢nl ofthe fman¢ial ststements k) fraud. to obtsiD SuirleI appropri audit evidence re8ardiDg the assess¢d rt5ky of materi misstthment due to fraud. thwugk designing implementitig 8ppmwittor¢sp)DW; MI to reBnd appTopriat•ly to or suspedtd frAud identified during the MdiL However. the prirn Tr5Fon$fj>llity hr the prevention gnd Our Pch ag follow: We identified of lThs alld regu18t10 thal muld ru>Jrbfy be exptrxedto ¢ a Materi ¢fftttoD the finallci statement5 ourgenerai cL)llUDtrtI aDd s¢(xexptsitnc4 and discu10 with the dir¢¢tors 4nd otherrnanwmfflt (A¥ wuartij by atsditsog SMTthd51 and dis¢uwa with th¢ dittorS alld othtt maoa8•me the poliGie5 and proc¢thJrts regardth¥ wmpliswx with14ws hnd regulati We cmsidered the le8 and r¢gulthy frnmewoTks directty appli¢xbl¢ kn the fit)8ncial statem¢¥Lts re[ill8 fr8mework (FRS 102 and th¢ Cunplnies Ad 2C#)6) aud the rel¢vani tsxc¥jMpltre re8utstioD5 ID tht UK. W¢ ¢oDsidered the nabfft ofthe industsy, the conttol ¢DVitcweDt arthl iticludin8 the k thivers for illan88e4ncnVs r¢mumeratio n0n-ttjmpllan throu8hout the audkl Based on this )deta[ha1Ug we dtsigDuiouraudit ede% ideDtify non-wmpli8J]ce with Mch laws and regulatio. Where th¢ risk w&5 considered tobe hiBh¥. we tthed thil PTocdures ID ld¥8ss each idetttificd fratyl risk. Th¢sc prcth in¢]J4.. testiD8 rnanw] J11$. reviewing the finollci st•tcment dksc105Wf5 and testiti8 to Provide lenabla$Sur8llcé th thE fi08n¢iai #atem4 fre& from fr•d or mr.
Reportof the lrydependent Auditors to theTTus¢e¢s or TKE TRusfEFS OFTHE GRAmmR SCHOOL or KNC EDWARD AT STRATFORD iIPON AVON tothc iDherwrt limitstiotts of audi4 th¢re is •D UDavidable Tisk IlRt we h&ve dete¢tsd some mateti4] misststcm¢nts ill th¢ financial stat¢mcll tFrt)ugh w¢ kn¢ prowiy plADnedatJd perfrsred our alit in a¢¢oTdan¢e audiling5trlld& For ¢xamplc, the fiDtrTonoved non-a)mpliaw with jaws and re10$ (iTh8ulAritieg) ij from the event4 And refiè¢tsd ity £ttAneÉ81 statements. the1ts8 IW the iDker8ttdy limtted pTo¢edur¢s n4UiTryJ by auditing standards identify IL The ri i8 also 82[]rt8 irry13T1ts¢s misrcpTe5entation. We are not reswJtL8ibl¢ for we4)titig tyollrfomplia cty)t be exp1 to ddect non.wmpltallc¢with all14ws 1¢Kulatiry. A furth¢rdestyiption of¢)ur rwibilities is aY3ilknle on the Fillaocl ReiortiTh8 Courycil'5 w¢bsit¢ at.. httTr8.'IlvnvW.fre.org.uklauditorsr¢5w1b1Il1l. This ¢J¢xripMI foThs pfirt of ow auditTeptsrL OthtT mitien d RepLth8 by Cbaritie8'. st&em¢ of ReO)Jnmeded Pr&t ttpplicabl¢ to Gharities prepariDg their aco)unts in ac¢ordats¢¢ with the FinBnLial Rewtin8 Staudwd applicabl¢ io the UKandRepDblie oflre]and (FRS 102). (as amettde41) itt weferthce to th¢ AccountiD8 wxl ReFKKt1r byCknTiti¢k. Ststement of Rec(Ywnend¢d Pwtitt isglltyj on I April 2005 which is reféfftd kn in the extsnt Ye8ulatsons but Iw now beuwithdrnwn. Thi3 be¢n dorK in Ordvr foT th¢ finaDGid to hsrvi¢w In ¥£¢i¥dwwtth currtrAt Gtherally A(xeptsl A¢118 Pr&xice. Us¢ ofour port This r¢wrt is made solely to the &Lvity'8 ttwJte¥, ts a I. In tIOn 144 ofthe Chortti¢y A¢t 2011. Our •udit work has been undertsk¢n $0 that we mi8bt stst• to th¢ eJrity'S tnL8tee3 those W¢rs w¢ at¢ required to state to them in r¢port no other pwpose. To the fvllest exNt PMItt by law. we do not a¢e¢pi or ume resp)nsibiiity to anyone vther thatt th¢ comPY the company's m¢mb¢ts body, for our audit worK for this orfor the opiniorts b&ve form&J. fc C4 TC (Iroup StatLrtory Auditors Celsxir Hous4 Stratford Busi0¢s5 & Tecbnoby PWK Innovation Way, B•nbury Roa Stratford.up)n-Avo CV37 7GZ
TUE TRUSTEES OF THE GBAMMAR SCHOOL OF iar4G EDWARD VI AT STRATFORD UPON AVON Cowolidated stste1 ofrwaDCtl A<tlvltks FOR TH& YEAR ENDED 31 MARCH 2025 2f135 Uttrotrkted R¢tri Total funds fwid 2024 Totsl fimds INCOME AND NDOWMENTS FROM IA366 901366 706.109 IDvestsDent incime Other in¢a)me 6S657 64657 32.159 Total 2325.Iy8 2S178 798.328 EXPENDITURE ON Rwsin8 fijnds CbArltable actiyldes Grjnts to the Govemoys (3uild Hall Prnje¢t SdIcl developmettt Tr4diDg *t¢iviti Tradiag Subsidiaries expe 5A 124,777 114,777 108.658 426h23 40.630 Ih21h(rfJ 630 407,698 40.631 177.993 Ih21J 42 2.942 4,420 TotAI 4175102 23IW2 739.4( S(103) on inv¢stm¢rtL4 14W 14J30 38.332 INCOMEI<EXPENDtTURE) Trawfers b¢tveell f4dI 21 (U630) (41,796) 41.796 23J176 97.2 Net movemeni ID fvnd8 (8U26) 23,076 97,WJ RECONCILIATION OF Totsl hwds tOTW ia21362 785370 1ffj077J94 9.980.134 FORWARD 17 7(1 10 IiXI 470 10 077 394 Page 9
THE TRUSTEES OFThi GRAMMLRSCBOOL OFiaNG EDWARD VJ AT STRATFORD UFONAVON FOR THE YEARENDED 31 MARCH 2025 Z1125 2024 ENDOWMENTS FROM DoDats"ons and legaciGs 901 901266 766.109 Investment iDCOm¢ Oth¢T Ill¢ 6&657 65h57 32,159 Tot41 798 KXPENDITURE ON Raisin8 fwMI8 124.Tri 124,777 108.658 CharitxlAe•ctlvlli Ora¢)ts to the Governon Guild Hail Project School d¢volopmffjt 42W 40h30 407.698 40,631 21 Tot1 734 980 Net sain009¢8)0 InyestrrLents 14 Nrr COhffj(KxPErrrl1RE) Tra]Mfers betweeD (4K630) (41,796) 26015 101,680 41.796 N¢¢ movm¢ut IW41 (81420 15 101.680 BICONCILIATION OF FtJf4DS w.797 1221a62 4785370 10,090J29 9.988.649 TOTAL FUNDS CARRIED FORWAiID 78 Pwio
OF IQTr4G EDWAJID VI AT STRATFORD UPON AVON CoDsolidated BalAllt¢ She¢¢ AT 31 TrtARCH 21125 2024 Unrertrf¢t¢d RIstiit XtyhwmeD¢ Totsl fwd8 Total fill¥Jg rwid FIXED ASSETS Jtttattgible &8sets Tan8iblc &vcts InYutm¢nts 13A 14 5.194 8194 1.13&836 1829371 8AI1436 6.901 8949.483 16 95AWJO 956.1 1,13&836 4784270 9,774h30 9912J84 DebtQTS Inv¢Jtm¢nts Cash at bank 17A 18 260,118 748,161 260.118 748,l6l 269.148 752.277 IWJ64 1.063J64 .079.549 CREDrroRS Amounts failing duèwithiD ¢)n¢ ye 19A (197W) (197165) (207.944) 871605 CURRENT LIABILITIES 71V23 1.138 4785370 10,640J29 10,783.989 Amounts fallin8 due atsmo tb one year ($39th59) ($39ffj591 (706,595) riET KssErs 785 70 10 077 394 Unrestricted funds Restrt¢ted funds 4176J64 4.070.862 I,I3V36 1.221,262 7(1 4 785 10 100 470 10 077 394 Pageii eontinued...
THE TRUSTEES OF THE GRAMMAR SCHOOL OV NG EDWABIJ VI AT STRATFORD UPON AVON Consolldthted Balance Sheet- conimal AT 31 MARCH 2025 OTE its behalf by: . aud were sigu D F Austin. Trustee P8ge 12 (¥)ntinu&l..
THE TRUSTEES OF THE GRAMW 8CHOOL OF EDWARD VI AT SIRATFORD UPON AVON Crity Balanee Sl AT31 MARCH 2025 2025 2024 To¢A] fidS FIXKD ASSETS T8nBiblB 855tts 14 U4SJ30 lJ38I36 3329370 13,436 8.949.483 Jnvestmcnts YnvestsnthtPTDpety 15 16 4845J3A 1.138036 4,785J70 9,769rt37 9.905.481 CURRENT ASSETS Debtors Invosknents 175 2WJ85 748.161 55.085 280.885 748,161 288.680 752,277 1084.131 1,084,131 1.099,081 CREDITORS Atnounts faUin8 du¢ withtti rne (197 1197J6¥ 1207.644) NET CURRE WETS 6 891437 TOTAL ASSET8 LESS CURRENT LIABILITIES 4,731oyr <7W7Q 1ffj65W3 10.796,924 cREDORs Amounts fallin8 due afttrmo thOney¢•r ($39ffj59) (539ffj59) (706,595) Nfi A&SEts li FUNDS 4,192238 4,083.797 1.138J36 1221,262 70 4 785 270 RId¢a fiMJd3 Endowmen¢ fvnds 10,116 4 10 09) 329 Pw13 ontittu...
THE TRusfEES OF THE GBAMMAR SCH(XIL OF K]f4G EDWAIID VI AT STRITFORD UPON AVON Chxrity BthDee Shert- conthiuthl AT 31 MARCH 2025 The fiDan¢ial statements weye appmed by th& Bo¥rd of on ...... ...... ..... .. and wete sigtied OD its beh D F Austin- TnL%*¢ Pagt 14
THE TRUSTEES OF THE GRAMMAR SCH(M)L OF KJNG EDWARD VI AT STRATFORD UPON AVON Cottwlidwtsd Cash Fh)w Sltemext FOR THE YEARENDED 31 MARCH 2025 2(125 2024 Casll flows fron) operatiDg etlvllk Cash 8enerated ftom ¢Jperations [d .i•w) 128599 64 78 Net eash provldejj by{us ITr) opertini CA8b tlowi from itivostiD¥ #cvIll#. Purchaseof t#ngible fjxed as#ets Sal¢ of tsJ8ible fixeAI assets Sate of ¢urTpnt a4sei iiiv8stments 1358395 50387 (31,839) 534 22 138.431 (87.330) 32,135 Divid¢nd5 ree¢ived Itttyre5t Mived Net L8h prWiid by (wed lffj) invuting Ctsh flows frow tlnn<lJw atdvltk¥: repayments in year 159 14 Net etssh provlded by I) et1¢• 159 14 151 rA¥h and •qulv¥l¢ttts ltt th• r¢portlng p¢rtod Cash And thsh equfvthnts at the *t#tiittK or the reportlDg perlod Pm9) (3.427) ADd tqthl¢Dts It the eAd •f th¢ r¢porthig pw£od Pa8e 15
THE TRUSTE OF THE GRAMM SCHOOL OF KING EDWAIID VI AT sITORD UTON AVON Notes tr• the Con801idttd Casb Flow Ststemellt FOR YEAR ENDED 31 MARCH 2025 RECONCILIATIOFI OF NET IN(Dh TO NET CASH VLOW TROM OPERATING AClEs 2025 2024 Net Income forth¢ r•portlDgperh)d (ajper the9ttellt of lth#nda] actlvitiu) Adiustmeuts for. Depreciation end fimthtisati ch 23,076 97.260 14&451 1,707 (14a30) (1358.195) 54,1196 (23) (4V34) 146.408 1.707 (38.332) (Oainy70$3e5 on inv&#tknents Profil ott disp)sai of fjx¢d &%s¢ts Intenst paid Intsrest rettiv¢d Divid¢nds receiv• (Jn¢reaseydecr¢as in stock (Tn¢T¢s¢ydecrMse in debtors ITKEegseJ(dexrea5e) o¢ditors 64.378 (24) <32.13S) 9.027 (140.415) Net CAsh pmwbjtd by (used ITr) oper4tlng *ctt¥ltl¢s ANALYSIS OF CASH AND CASH KQuIVAKs At 1.424 flow At 31125 N•t eA8h Cash at bafjk Llquid resourc 752 li Debt Debts falliDg due within l year D¢bLY fallin8 due aft¢r l y {165J38) (7,620) 166 072,958) 159 Totsl 15 P4e 16
THE TRusfEES OF TBE GRAMMAR SCHOOL OF KINC EDWARD VI AT STtL4TFORD UPON AVON NoteJ to tbe Flnaxci Statements FOR THE YEAR ENDED 31 MARCH 2025 AceouNTNC pouetES BLsts ofprtp•ring the fi]MDcial sttetyfflts The statetn¢nts of th¢ ¢lwity. which is a Fub]i¢ benefit etttiry uttder FRS 101 hav¢ been pr¢pared in Acfordance with the chariti SORP (FRS 102) 'Aoxtmting and RwtiD8 by Cbwiti¢s'. Statenwnt of R¢Mrnended Practi¢¢ Jppli¢dbl¢ to clwitiu prtpring th¢ir accoutlts in w)Yd8ntt with the Financial R¢ponin8 Standard applicable ill the UK and R¢publtc of Ire18nd (FRS 102) 1cfftiV¢ l Jatsuary 2019),, r,inancial Repllting Stsn¢tard 102 Tr Financia] II¢tK)rtiJ% Stanthrd appliLab]c in the UK Ood Republic of Irelgnd, and the ChoTities AL# 2011. The f)nati¢i41 ststemellts have been the bt#oric8] cost veution. with the exiott of itives1mjts l¢k aye iDcltyJed market valu toth• rA¢ar¢&t £ Golng concern The Tn]Ste QOD8hts that th#¢ Arv no •bout the Larity'J •bi]ity to tlle as a 8oiti8 IJKome Reco1110 of lllcollke All in£ome ij re¢Old fl the of Fin1 Actsth th• Ghtrity h8F •ntitleml to the fimd8, ti ts Probabl¢ thai the IDcome wlll b¢ 1ved and the arnount can be rneasured rtiably. Offs•ttlRi Th¢rn Iw b¢¢n offxethA8of asxts 4Dd ¢xpen3N. wurrtyj crpumitte41 by th¢ FBS 102 SORP. Gr8nts Ind donatlo Grants and dotwtions (•ty inolwd•d in the SOFA whon the ittCOZDe reffj8nitioll ttiteri• we met {S.10 - 5.12 FRS 102 SORF). Income kntere4t #Dd dlvldendj Thij is ill¢hknled in th¢ wbe• lpt is th¢ ttblo measwad r•iiably, Inv¢51meDt taltts and Iosx5 This iti¢ludes w realis¢d or ww¢aliseA gains or105se5 oll the sole of inveJttn¢nts any 8atD or k6s Te5ulting from r¢valuillg invtS¢ments kn tDSTket value at the end of the yw. Exp¢ndfture Lliblllty RttotDldoD Liabilities are recognised Iwhert it is more lik than that there is • le881 or conthlthve obligaticAJ cOnltting the c&ity to pay out resollT¢e8 •md the L(At of the obliWioD can Ee with reasonable Governatte• #nd sutwrt costs Support costs have beett allocated b¢en 8ovenwiee eosts other •. Gov¢rnallce sts mmtvise ail 05ts hllvolYitt% pybli¢ a¢¢ountsbility of the chuity •MI IL4 f4)mpliwK¢with rewJl•tiort and good wacti¢*. with the 0fr¢s{W. Py17
THE TRUMES OF THE GRAMMAR SCHOOL OF KING EDWARD VJ AT STBATFORD UPON AVON Notes to the Finan¢ial StstqDe)th- con¢illlled FOR TRE VEAR ENDED 31 MARCH 2025 AccouKnNC POLICIES. etsntinued Cr8nts papble without perfoTmartte condltlo Wh¢re there are no conditioM attxhing to the wt that ethle4 the dorm dwity to re4]i5ticaily avoid th¢ Credltors Ornnts offer¢d subject 10 ¢ODditw)ns whith h not at y•tr eDd date are noted 89 a ommitment but not aed as expejiti Twibh ftxed &¥J¢ts ¢harlty Freehold laDd is not dcpreciattsl. olC#EquIptttQnt is dePlted on •Strai8hi liue basisovtr 13 year &rric Due to the hisoTiC 0ri8inJ of many of the bujldia1 they have to Ee In 8ood working order. BecAus¢ of thi5 thy tre nsIdered to have itidtfinT useOJl ITVW and ¥ sucb they have not bo deprt¢iated, but To provRde for the ev¢att repla¢anettt ol other school buildings the T have to introduce policy of writiDg off the onstsu¢tion cJJsts of th¢ buildin8s over the wiod of th•ir exPted liv¢s. The Ch8¢ in the Stst¢ment ofFinla1 Aclivities is calcut4 on Asknight Itne basis as follows; To be Mitteooffovez60 y•ors following the cud ofthe fnwL¢ial yeRr in was ¢ompl¢tsa C(ry1¢t In tr yetr QTthJ 31st Mar<L 1987 1995 1998 Fitzrnauri¢e Buildi New Art5 Blwk Levi Fox Ha]1 Denis Dy8OD S¢1£BUlld1l8 RMdeDd•l prowti¢¥ 17& 17B and 18 Cthurtk SkntfordryuwTrAvo Due the resldthti and ILKation of the PADPfies it is ein4dered the ptte$ bave iDdefinite usefi lives Bnd as thty bave ttot beeo dewxTate41 froty thc last valu10 fi8Ut¢ obtaittat ror theth. The vaJu8tioti fiAur¢ of £956,IX)O is con$id¢red not to exrgwl the maTk value of the pmprrti
THE TRUSIEES OF ThL GRAM S£HIXIL OF KING IDWARD VI AT srRATFOIiD UPON AVON Not# ty th¢ Financil stateents- toiMille41 TOR ThE YEAR ENDED 31 MARCH 2025 ACCo17c POUCIE8. IntallbIe fix assets ebArity It ix the policy of the Charity to capitsiise expdI eblishitt8 A wtioj for providing A S¢TVi¢¢ is op¢D to the gffLwal Fwb]i¢. The8¢ ar¢ vdurA cast ttTd will beitte offovorthre4y¢•T3. Intngi]Atr fixed ¥ub¥itharl¢• tAngibl¢ ao¥ots are initiw m¢uut¢d at W3¢. Afl¢r iDitial r0)10 iDtInye a£tr ¢ o)St Pol¢Dts and li¢eDW aTe b¢iD8 amortised overtheir 4)#in us•ful life of ttn ye. Inwtments Fixed &&sel irtvesbnent iti Ibe idI#l1tS #lev1 at ¢b A fin¢181 88¢t or a Fal81 lilbdity is rt¢OPll8¢doDly the th•rity brneS pty to th¢ ¢on1r1¢ pmvl8i0 ofth• wtnulltaL Basic fmanctal tOStwm¢nts ¥T¢ illitsallyTKwixI at the arDcEt Teceivgble or pAyable inellldl Y reled trttsa¢tion costs. Whtrn inve8kn¢nts in ghrn arn pub]i¢ly tr8ded or their fairvalue can otherwise be mettwrd rnlitibly, the tnvestment is subseqyemly measura ¥i hit Val iYi¢b chaD8es in fairTn]ue reco8ni8ed Én income Oth¢r fIn¢11 instruments. includiD8 derivativffj 8te initially rr¢o8nised •t &irvalu¢. unles5 payment for on agset is defeTred beyond nomal business tmDS or fitt¥A¢Illt a ra of ir&tre5t that t¥ not &rnaL# r4t4 tn which ¢a5e the 8&sel is me4sur¢d at the pr v8lue offvnw¢ pa¢ts dtsc0UnI&¢awk rate of int¢rest for a $itnilar iDstnuD¢DL Any rtvers81s of impoirnitnt rxo8nis¢d immedittely, to the extent thatthe revers•1 e$ ttot result in a ¢2rryjJi8 mowit of the firAncial asset that exceeds what the L7llyiD8 amouni wouidbav¢ be kad the Cash at bnk tsd in bittd Coth bank and c8sh in h8lld includes tath 8nd 5hrxtt¢mi higbly liquid iDv¢s¢ments with asbort maturity of thrc¢ months or les5 from the date of acquisition or opeDiti8 of th¢ dep)sii or $imilar *Unt ]kbtsrs Current asset invegtmwts The Clwity ha5 investtDeDts which it knlds for resale orpukng their sal¢ and cash eqthivalents with a aknity date of less than olle yw. These itsthdc ¢di on dwsit llnd equivaicThts with a nutiwity date of l¥s than orhe yr held for invtslment ralher than rne& sTrth con)mitsn¢nts as fall dpe. Th¢y vajued atfairvalue as providcd by th¢ s&xkbrok¢r. Pagl 19
THE TRusfEES OF THE GRAMMAR SCllL OF KJNG EDWARD VIAT srRATFORD UPON AVON r4otu to the FJlln¢l4J Stst¢ments- cojitinued FOR THE YEAR ENDED31 NiARCH 2025 AcfouNIING POLtClES. eontinmal TtiOn The chtrity is ¢xtthM frnn its ¢haTitable 4Qivitx& Unrutri¢t¢d funds fimds the TrUBt E free ty) us¢ for gny pwe tn of the Charible obi¢¢ts. Under the scLemE set up in Nov¢mbEr 1998 the lalld IKlow ts th¢ Cbtirity aDd to"Sthl Site and Builditws in Chwth Stteet Str4tford.w-AvoTL" must bc rthiRcd by the TTUEt•g8 for th¢ u8e a8 & scknol within th• rne•DiO8 of the Education Acts. This i5 beld in the pernwient e4thwmen¢ 5J rllo)m¢ ariJin8 Izt¢omkn¥ r¢¥wTC The contribution frDm the Tn¢ of the (luild is a per(tnts8e of the arutuai income of that Cbarity. Duting they¢ the Tw5tew [ye m COUDi of thelr eofittem¢nL with 8 bAlancin8 payment18 mdt on¢¢ the aDllual Accounts of the GuildEstAteIv¢ been pr¢p8JeAI. 1he finao¢ial Stat¢Trts Ire preprnl ¢)D an a¢cru No pmision is Tnade fot Y P4JdÈtsonftl i0¢ ¢)w¥ th)ve the payments on du¢ for the pwiod from 18tJenuw to 3 1st MaKh 2025. Contributions from the Tnw of the WIlllll Tyhr Ch•rity we for that Charitys yelr endln8 on 315t Decemb¢r prior to the pr¢paratioD of these finRnGial ststemeDts. As the fiwres for this tontribution not currently available. th¢ valu¢ I1 e8titDat¢d iti lino with FfftViOU8 y•• ft)come from inv¢8trnents from ints)m¢ is inclutsl iti th¢ Stffjxntof Fi#anci81 A]¥10 (SOFA) in th¢ ye4r in which it ruyivabk. DONATIONS AND LRGACIKS COPWLIDA11D & CUARITY 2025 2024 C7rAnts L¢g4Gy fimd5rccived 310 797934 309 765.800 901 2023 2024 Guild Estate WiI]iam Tyler Cknity 762.141 797 34 765 800 Pagc 20
THE TRusfEES OF THE GRAMMAR SCHOOL OF KING EDWARD VI AT Ik4TFORD UPON AVON to the FinaKixl Ststements- continurAI FOR THE YEAR ENDRD 31 MARCH 21125 202S 2W Rent ytreivabl¢ 17.IOD 32,135 24 2025 2024 Gain OD sale of tangible frA1 a55¢ts Dep)5it acccALt)t lottr¢st L258,195 60 I)uruJg th¢ye4r the tharity wld ld atMwKI. the prw•¥ls of the sale wls £125&195. The prn¢e¢ds of the tsie We towar& & £1.451075 to the Schth)I foT the deveiopmertt tsfthe 5POrts fxilttits •nd playi08 fit1&. RAISING FUN[6 CONSOLIDATED Riithg doD#tiou legd 2•25 2024 124.656 121 108.434 223 124 777 108 658 Raiiln%doTr¥tiolls Ind le8*tftx 2•25 2024 MaintrnHDG¢ of prop Costs of obtainiD8 124,656 121 108.434 224 108 658 BAd debts 108 658 Page 21
OF KING EDWARD AT STRATFORD UPON AVON Not&¥ to tbe s£ts- FOR THE YEAR ENDED 31 MARCH 2025 Grxnl ruDdityg of DirEd *etiviti¢8 Sttpport (S•è note O (Svt 8B) (S••ntst• 9) Totxl$ Guild Hall Pmject School development Grnnts to the Gov¢n 40.630 L621.4611 40,630 Ih21,460 349 349 50 761 tsL713 2025 2024 DIREcr cosrs OF CHARITABLE ACllVTfiES 2025 2024 Don&ion- &b)ol devth&ent Sch1 development costs 187&704 8ffj72 141446 7.839 146,407 Inte$¢ payabl¢ ond similar ¢h¢S 2mS 2024 Tot
TIIK TRUSIEES OF ThE GRAMhfAM s00L OF KING EDWARD AT STIL4TFORD UPON AVON Notes to the Fiwcial Statllents. to•thiu•l FOR THE YEAR END£D 31 MARCH 2025 IIL SUPPORT cosrs- e•nthtued 2025 Crants to Ihè Covtrnor¥ 2024 Total a¢tivtties 2.104 760 L¢gaJ & pmts8ion41 fe•5 Govemtte ¢rAts 202S Crnts to the CovernoTh P1vItIeS 2024 Audttors. rettLUOCrntion Executive offic¢r Tnte¢S meetittgs ¢xF¢nst 59 14a50 5.520 10.2(Kl 11. TRUSnES' REMUNERAiiof4 AFM BENBFrrs 31 Mch 2024.
OF KING EDWARD VI AT STRATFORD UPON AVON Notes to the Ftllaneknl Ststanellts- e•nthivd FOR THE YEAR ENDKD31 MARCH 2025 11 COMPARATIVLS FOR CONSOLIDATED ATMI1 OP FThANCfAL ACllVTfiES UnrtstrKted Rutsfieted EndowmeDt Totsi fvnds ThTCOME AND END0WMNEs FROM 869,131 169,131 Trading sthidi Inv¢8tmffjl inMrAe 31159 32.IS9 {h1come Totsl 901a50 901.350 EXPENDITURE ON Raisin8 funds Lharhabl¢ aetivi¢Ao8 Grants to the Governors Guild Hail Proje Sclwl d¢velopntnt Tradlr&i etlvl¢lu Trndin8 subsidiary &yell8e5 108.638 108.658 407,699 407,698 40,631 177,993 40,631 177.993 4.420 4,420 Totll 698.769 40.631 739,400 Net s0(41) Inv¢JtJllebts 240913 (40,631) 200.282 RECONCILIATIOIY OF Total tsdy brougbt fvrnrd 3932971 1361.893 4,785270 9.980.134 TiyfAL FUNDS CARRLED FORWARD 4173 884 10 180416 PagE 24
THX TRusfEES OF THE GRAMMAR 00L OF Kif4G EDWARD VI AT iATIIORD UPONAVON Notes to the FinCl#l St&tements- cDntsued Foli THE YEAR ENDED 31 MARCH 2025 13A. INryANCIUII PIXID CONgouDATED Patent and brsDdiEg C At l April 2024 And 31 Mw¢h 2tr25 AMORTISATION Ai l April 2024 Charge forye 117,656 Ai 31 Marth 2025 119 NXT BOOK VALUB At 31 2025 At 31 Mattb 2024 Bra•dlDg eosts co At l April 2024 8nd 31 Mwrch 2025 107 AMORTISATYON At l April 2024 and 31 Mar¢h 2025 NET BOOK VALU At 31 March 2025 At 31 Mtr¢b 2024
THE TRUSfEES OF THE GRAMh14R SCHIX)L OF KING EDWARD VI AT STrATFORD iTPON AVON Notes to the FIDandal StsteJwits- ¢ODthiued FOR THE YEAR EP4DED 31 MARCH 21)25 ItL TANGIBLE FIxEDET6 CONSOLIDATED a CHARtry Land & Ildings Office equipMt TotAIs At l April 2024 Additions 11.482,625 iQA04 (io•) 7J79 11,690A92 10.504 (IQD) At 31 2025 11493 029 2M DEPRECIATION Al l April 2024 Charge foryear 2J71.069 162560 7J79 2,7410 146 At 31 mCh 2025 NET BOOK VALUE At 31 Morth 2025 795 17 At JI m¢b 2024 8911556 8 949 483 I& FIXKD A&srr IrivEsfMENTS cHARy Sh*res In group UDdertsklng8 cosr At l April 2024 and 31 Marth 2 At3L Mtrcb 21ll3 NET BOOKVALUE At 31 Mah 2r123 At 31 M•r¢b 2024
THE TRusfEES OF GRAMMAR SCHOOL OF KflG EDWARD VI AT srRATFORD UPON AVON Notes ¢0 th¢ FI¢11] Statthents- FOR THK YEAR ET4DED 31 MARCH 20LS tradin8 r&8uIts is shoThn bdow for Ixjth wholly own¢d tradiD8 subsÉdioTi¢$. KES (ShAk4%peAre's SebooD tnternAtion*l 1knit {C•mpMy Nwnb¢r. 108612 2025 2024 12942) (4.420) N¢t PTofitl(kns) OJ42) 14.420) The • ofthe li4Aihkn and funds1$. &494 6.901 Net IiAbilities (IS.873) (12,931) Sb4Y¢ {1Sm3) (12,932)
THE TRUSTELS OF THE CRAMW SCH(X)L OF KIF4G EDWARD VIAT rnTFORD UPON AVON Not&8 to the Fittndl Stsi¢uLemts- tilDth1I¢41 FOR YEAR KP4DED31 MARCll 2(125 I& RESIDEKfiAL PROPItWTY FAll4 VAIUE At l April 2024 At 31 March 202S At 31 March 2025 956.fNJO At 31 Merch 2024 As at 31 Mtrth 2ins. tu141 ptQMies w¢re by th6 TnMte¢s to r¢fflt the m*ket yUe of these 17L DEvfoRS.. AMOUTh PAIIING DUE W177UN OI¥E YEAR CONSOLIDATED 21llS 2024 ()ther debt l¥tpayrnents 153,035 4.061 1•3.022 266,276 2,872 26 269 148 17B. DEBT0. Amouxfs FALLlflG DUE wrrHIN ONE YEAR CHARITY 21125 2024 Other deb Prepayments A¢ed inrome~ 266.176 2.872 3,762 103.022 259 Am(Rmts falling due aftrymoTV than ¢year. 19 280 288 080 2025 2024 752 748 161 7
TIIE TRusfEES Ob THE GRAMMAR SCllOOL OF KNG EDWARD VIAT STRATFORD UPON AVON Notes to the FlnaBclAI St#tew¢nts- ¢ontMiryed FORIBK YLiR ENDED 31 MARCH 2025 19L cREDORS. AMOUNtS FALLLYG DUE WITIIIN ONE YEAR CONSOLIDATED 25 2024 Batsk loffis andoverdr8fts (see notr 22) Trade credito 172958 17967 165,338 11.976 197 207 19K CREDITORS: AMOUNTS FALLING DUE wmitN ONE YEAJI CHARITY 2023 2024 Bank loaDS and ov¢rdralb{ge8 ttOte22) Trade creditors 171958 I77 165.338 11.976 197 CREDoRS. AMOUNTS FALLING DUE AnER MORE THATh 014E YEAR 2025 2024 Bank (S notc 22) 539 21. LOANS An analysis of the mthrity of Iothi 15 2Q25 2024 Amowits falling within one yearon Baok k*DS 16S 338 Amounts hlling betwwn one two ye Baok loans- 1.2 years 145 Amounts falliD8 du¢ b#weeJ Ind fivey Bwlk loans- 2-5 ye8T5 353 430 $77 BaDk108tsSrnOTE 5 yrby iDthI 161 103.058
THE TRUSnES OF THE GRAMMAR SCHOOL qi OF KG EDWARD VIAT SIRATFORD UPON AVON Notes to the Fbjillelal Ststeiibents- CODtiDued FOR THE YEAR ENDED 31 MARCH 202S 22. MOVEMENf IN Ful CONSOLIDATED Net At 1.424 31.3.15 UnTeJtrleted n#ral fijod WOO62 I•SA02 41.796 4,176064 Restricted Funds lJ21262 14W) (41,796) 1,138136 Effjdowmellt Enthjwment Fund 4,785370 4,78537 TOTAL FUNDS N¢t mov¢TlleDt in fimd& iTboludDd in the 95 follo Res¢burt rwur¢es exp¢thded Gal*s •nd Movejllent In fundj Ullftvtrkteil 2J24178 (U75002) 63,71)6 R#¢ricted fMnd$ ReSCrict Funds (40,630) (40,630) Endowmellt Endown¢nt Fund TiyfAL FIINDS Comp•rathi•• for¥10]jaItd lry Net A¢ 1.423 At31J.24 Unr¢strtcted General fimd 137891 4.(J70,862 Rtttrteted fvndj 12fjl3 (40.630) 1.221262 tunds 4.78J270 4,785.270 Pag¢ 30
THK TRUSTEES OF ThE GIiAMM&R SCHOOL OF KING EDWARD VI AT STRATFORD UPON AVON Notes to the Finaueial Ststements- eoJAiiowJ FOR THE YEAR ENDED31 MARCH 2025 21 MOVEME IN FiINDS CONSA)LIDATED. conllDthed JneoNlg R¥Miree8 Gxills md Movemenl I funds uDThStrICd General furyd l J50 (698.769) 38J32 240.9I3 R¢¥tricted funds Restrict&4 Fullds {40fi31) (40.631) Knth)vnnent fvnib Endowment Fd TOTAL FUNDS The Gojwrni Fund Y¢Fng¢nts the fr¢¢ fimds of the Chwity that aTe noi d¢siwtsl for p•rtioJ]#rpwpos•s. Thè R¢th¢ttha fiwds t¢pr¢sthts vwious foDd¥ matD]y rel#tiD8 to tl* re¥tt)r4tton of the (lull¢j[l and Shakespw¢'s Schoolrowh. Th¢ prnpty oth¢r fLYed as¥¢ts held trIled £1.13¢836 31 Mor¢h 2025. The Endowrneni fund relaS ty property held ID Chch Stre•t Strarftyd.Upon.Avon aloD8 with land 4t th¢ rtar of Kin8 EdWd Vl Gramnw SrlKYJl Stratford.UpTrAvor4 which r¢valued in 1989. Ttawfer¥ b¢tweeD f•n The £41,796 of restri¢tsl cash held ID the pri year related to a pmiert that has already bt huy fvtlded outof g¢ner81 reservas, ther¢foTe durin8 th¢ ye8r th•Tn4t¢es decid to transferth¢ baiaTKe to 8¢O¢tal reyerveg. 24. Th¢ Chwity th¢ followin8 by its vknolly thidiary." KES Ishaktspeards Sch Intttnationai Limittsl OW £21.0 (2024 . £19J32) 8t 31 MaT¢h 2025 to th¢ Pw31
THE TRUSIEES OF THE GRAMMAR SCHOOL OF KtNG EDWARD Vt AT STRATFORD iIPON AVON Drfliled cott111ted Ststemujt of Aetsviliej FOR YEkR ENDED 31 L¥IARCH 21)25 2025 2024 tNCOME AND ENDOWIMEKrs DoDt£ow •Dd l•8tks DonAtiOIL8 Grgnts 31 309 765.800 797 901366 766.109 knts rtcervable Income from ]i$t¢d inve81nty Deposit acco1 tntvwt 17,11)0 32.135 24 65h57 31159 Other Jlltome Gain on sale of intaD8TrJ •le fL¥ed &qets Sundry iDccme 1358,195 60 1358255 60 122S178 798.328 EXTrENDITURE R#islng (lo#t5oD¥ aod legadts Mai4l¢llance of schcA)I PTOPttry Costs of obtsirtiD8 @1)IS 124ffj56 108.434 224 CbArltble ttlvllls Donation School developmenteosts Depn of J•JLd & buildi Depn of fixtur&8 and fittill8S Bonk charg¢3 and loan ir2teffJt <3rant paynjents and r¢th¢d$ 124,777 108.658 Xrt7I7O4 672 126AOI 20.045 54097 349 7.839 126.359 20.048 64,378 293 114 2037952 511.738 Pw32
THE TRUSTEES OFTHE GRAMMAR SCHOOL OF laNG EDWARD VI AT SFklTFORI) UPON AVON Detail1 CoL801id•ted Ststtmtnt of Fthau(iil AikntieJ FOR THE YEAR 31 MARCH 21J25 2024 Tradln¥ i¢ttvitfj Admillistsl0Tr expenses ijoo 1.707 34 2.713 1.707 FiTwKe costs 2,941 4.420 Support tosts Mna8ement Insuranoo Lr8ol & wfeasionol fe 2.104 760 1&148 86.323. Audltoys, rnnun¢ration Exe¢utive offir 450 5A20 10.200 28 32613 61 2313090 739.400 Net IDCQW4 b•foT• ylns Dd Oows) 11.668 58.928 R¢Alised re¢ozniwl **d Irm69 R¢dised gain l Oosses) oll eorrtnt 8SSrt invtstments Realised / 008ses) OD iDvestrttentproperty 14J30 38.332 Nrt In¢w• l (•xpendknir•)