RKGisfERED CHARrrY NUMBER.. 528769
Ryrt of theThistees and
CDnsoIAd*ted knti*l 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 slatsm￿t
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 W*rdw*c 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 servi￿8 8Dd f*ilitie5 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 SL*otsl. A8 a a￿￿1 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 r￿1Ve abm* edu¢**)n IA faD8¢ of 9jbi￿* tydiwiiy be Jwille.
3. Enablelthe Cotytioued PTmlCm of ai¥o*l at K¢y S* s.
4. AIIow8 to p*fonD mugk atevats kn attd beyoDJ the Sdwl frr public beDefiL
CoJDmi95iOrting andlor contr&butiti8 ts hr8¢ S¢￿¢ Fwjects SLM4e of ￿1(* sil F*yoDd 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
Re￿rt of tbeTT&rte
FOR THE YEAR ENDED31 MARCH2•25
4. In recemt ye￿S 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.
Ch*Tltsbie attlvtti•s
The SclK)o]rwn and Gulldbau were wed to the pubilc ID A￿1 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 p￿J¢¢t￿&S conTrkt¢d in 2017.
Througltout the 2024r25 fmanci81 year. the to Supp￿ the x*mL P￿thIy 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 SL*ool of ¢Tr#)iC¢ ITL the 9rM requires on8otO8 •d th6 Tnut¢ts intrnd to Awrt the ¢Mr￿￿10n
of its f*iliiies 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 Ch￿￿ty ff¢¢ive# from hmrtr ptypils of thB *l¥)ol bui is not a¢4iv¢iy fithi5in8 to
solicit donations.
FThANCIAL REv￿w
Flnandgl pos1110ts
C￿h reserves of £748.161 (2￿24 - £75227n bavt be￿ dryosited with $￿ckE￿Oke5s for pendin8 thoir u8¢
on capital proj¢Gts. ltseA)me T￿￿V*d 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¥C￿L 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 finS￿e th¢ loaD
rop4yrntnts relatin8to lo#ns tskeJ outto WiSt with the Ickn(￿S &velopms*L
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 rdfji￿d 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 Th*obpoiv
The CoDwlid&t¢d ch*ity'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•kespe*rds 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 $th￿l.
STRUrn, GOVERNANLEAND MANAGEMENr
Covernln% do¢umeDt
The charity is ¢ontroll¢d by its gow a deed of trpM4 CO•¥n WUnLY)ryor4èJ ¢*arity.
Cbarity ton￿t￿￿•ll
The fvity WAS cOnSti￿leA1 ￿ 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 Ch￿rtY.
Recndtment and appolDtmentof neir tr
Ap￿]nt￿￿t and Terno￿ of Trusthe5 is governed by of the ChaTity d•*d 2Ixb Nornbtr 1998.
Orzall￿trti￿ll 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 Tel￿10D51)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 tr*knADg of trttlte
TIUSt￿ 8x¢ ¢Dcouragd to consitkr the rekvant a)arity ComMis￿A ￿*11￿0￿5 WI￿ tkn will faclt itste the
Und￿ing of theirrol¢.

OF KITrIG EDWARD VI AT
srRATFORD UPON AVON
Reprfvrt of the TTUJtets
FOR THE YEAR ENDED31 MARCH2025
STRUCIU￿ GOVRRNANCE AND NWIACEMR
H¢l*Éed ￿nI¢S
The d￿lty 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¢los*d to th• full board of
The TnJste¢s ha￿ the tnajQT risks to whicb tbe awity is exwsu£ in 1wti￿1llr those rel&ted to th¢ Opera￿ll3
aDd fin&Jees ofthe Clwbry and are wi8fied that sykn We p]&x ￿ mits8ate their eX￿lsu￿ to the risks.
RqKiJteTed Ch*rtty
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￿ ofStr*fj)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 RYSPONSIB￿rn
¢pplic4ble law and Unite4J Kin8dom A¢&)unkn8 Standards (Unitol Kin8donJ GC￿TallYAc1W A￿￿tIll8 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)
Re￿1?tiOnS 2(rf)8 aod the provi8ioos of the tri￿t 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 Its￿1￿1￿￿ r¢sourc¢5 and
applica￿0￿ of resourcw tndudthg the TnC()rn• ajd of tht thrity for tF4t in prtyarkng tbose
$4l*t 8ultsble ￿￿O￿￿ti￿8 wjlicies and then a￿lY th*D ¢rn&Sta￿y.
ob5erYe the meth¢)d8 and pEin¢ipl&% iti the Charity s(￿P.
Jnake judgenjents and Mtimat¢5 d￿1 are reasonebl¢ 4Jd pYudts¢
state wh¢thu applic4ble #aTrda￿ hav¢ he¢tt folbw*& ¥]bjed to w mthlal depath di*10sed
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 3t*anen¢s comply with the ch￿￿tIeS
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 le￿n￿ble for th¢ prevendon aDd
d¢teaion of fiwd aDd other itre8ultri¢i¢•.
Apixovtyl byozd•rof tb¢ iwd oftrtth<% on ..... ..... ..
4i8ThthJ on iti l*hAlf by:
D Ausiin. TnJ*¢

Rep>rtoftheIlldep￿thtA￿dItors to theTTQ*tee5 4>1
THE TRUSTEES OF THE GRAMMAR S£HOOL
OF KING EDWAIiD VI AT
STRATFOIiD UPON AVON
Opllllom
W¢ havo ￿lted the fin￿Cl￿ $tthn￿ts 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 flO￿S aThd coDs91idAt¢d gtd clwity ootes tt) th¢ fmgn¢ial statC4nents. indudll)8
SI￿]fi￿nt awountitigpolicies. Tr fill￿cl￿ 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 fje￿Wally AcWtedAeuu￿f1thg
Pr&rti¢¢).
In our opinion tho fin￿181 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¢ FrO￿ty pr¢ptt￿ io K¢ordancewith United KiDgdoth QetLernEly Acce4tr1 A¢wulltiti8Pxactkce '
hawe prq)ar¢d ID I¢¢￿d￿n￿With 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 Aud1￿5 T￿￿1 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¢c*brd8Dtt with rf4uire4naxts. Wo tell￿¢ that the t￿lit ev1dell￿ we
hAY¢ obtauwd is s¥ffLcierrt •nd t0prO￿de • bASiS for owoplni
ConclMlou• Ythtlng to goiDK tonc¢rn
Jn 4uditiD8 the financi￿ statemuts. we bttve coD¢iuded thatth¢ bWtetsus¢ ofth¢ pJi08 b￿lSofI£￿￿tsng ID
the prepthlioD of the fin8ncid st*att¢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 Individu￿ly or collectÉvely, ctstsigttificantdoubi on th¢ chtirity'5 ability to Lr)Dtinue &q a going conrxrn for a
period or￿1¢￿$t tw%lve months from whets th¢ 8re wthorised for iwe.
Our resp)nsibilities and the RYp(￿lI]llfta of th¢ trustres with Np*tto 8orn8 cthc¢rn tr¢ de%rfbod inth¢ rel0¥￿t
ections of this repJTL
Other Inforni8110
The other inf0rni&t￿￿ LYJmpTlw the infonn￿n ill¢lud¢d in the Otherth￿ tho tlttallci￿ ststemetyts and
our auditol8 repc*t th¢rts)n. Th¢ trustets are res&W￿l¢ foTthe oth¢r 1nf0nn*tr￿ 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 OPPWitm*erial
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[qUi￿ltO 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 wAwtlfjgY￿jrds. OT
wo hfive not received all the infm*ion ond explan*lot￿ we tequiTr forour audil.

Re￿rt of the [0dep￿dent Audit•r5 to th¢ Trnsttts or
THE TRUSTrES OT THE GK4htMAR scH￿L
O&. KING EDWARD VI AT
STRATFORD UPON AVON
R¢5pottsibiliti8s oftrns¢ee8
explaioed more filily in tbe statement of trust¢es w1￿1)niti• th¢ tsUStr¢s are rewDsibl¢ for th¢ ]Yeprtion of
the finaoGid statemcnts and fr￿￿[D£ s8tisfi&lthat they Rive a tnts god fair vi¢ty. attd hr surh u)ntrol &s the
In preparing the financia] 5t2t¢ments, the resp)tt*l>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￿ ￿te￿￿￿ts
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 fra￿1 or¢m)r. and to IS￿ an ludl￿1S rewi that includes ouropinioll.
Re8son8ble tssurgnce is A hi8b level ofa$5urantt bot 15 Dota Sua￿1¢£ that att wditcondu¢trd in ac¢ordan¢e with
ISAS (UK) will always detect A material Wi￿￿teMent whett il ¢￿sts. Mi8Stat¢m¢Dts uis¢ fiDm fraud or wror ats
lye considered materi81 ic inthvidually or in the ¥8y￿at4 th¢y qjuld re&sonably Ee expected
* lTrAupnce th¢ ￿r￿MI¢ declsloll5 of useTg 18k¢n on the basis of th¢s¢ fiDBncial S￿eMonts.
Irrègularitie4 in¢lwlin8 are irL%taDees of ￿)n￿lianCe with l•ws arHi ￿￿lation& Th# ￿ettt tr which our
pro¢¢dures Iwbl¢ of detKtin8 imwJ1￿itle$ includitig fr￿¢ is dthiied below.
Ex¢entto whltb the ¢ODthlered ofdettLtiAg IrrwhTItIES, fr*vd
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 Suir￿le￿I appropri* audit evidence re8ardiDg the assess¢d rt5ky of materi
misstthment due to fraud. thwugk designing implementitig 8ppmwittor¢sp)DW; *MI to reB￿nd appTopriat•ly to
or suspedtd frAud identified during the MdiL However. the prirn￿ Tr5Fon$fj>llity hr the prevention gnd
Our ￿P￿ch ag follow:
We identified of lThs alld regu18t10￿ thal muld ru>Jr*bfy be exptrxedto ￿￿¢ a Materi￿ ¢fftttoD the
finallci￿ statement5 ourgenerai cL)llUDtrtI￿ aDd s¢(*xexptsitnc4 and discu￿10￿ with the dir¢¢tors
4nd otherrnanwmfflt (A¥ wuartij by atsditsog SMTthd51 and dis¢uwa with th¢ dit￿torS alld othtt maoa8•me
the poliGie5 and proc¢thJrts regardth¥ wmpliswx with14ws hnd regulati
We cmsidered the le8￿ and r¢gulthy frnmewoTks directty appli¢xbl¢ kn the fit)8ncial statem¢¥Lts re[￿ill8
fr8mework (FRS 102 and th¢ Cunplnies Ad 2C#)6) aud the rel¢vani tsxc¥jMplt￿re re8utstioD5 ID tht UK.
W¢ ¢oDsidered the nabfft ofthe industsy, the conttol ¢DVitcweDt arthl iticludin8 the k
thivers for illan88e4ncnVs r¢mumeratio
n0n-ttjmpllan￿ throu8hout the audkl
Based on this ￿)de￿ta[ha1Ug we dtsigDuiouraudit ￿￿￿ed￿e% ￿ ideDtify non-wmpli8J]ce with Mch laws and
regulatio￿. Where th¢ risk w&5 considered tobe hiBh¥. we tthed thil PTocdures ID *ld¥8ss each idetttificd fratyl
risk. Th¢sc prcth in¢]￿J￿4.. testiD8 rnanw] J￿￿1￿1$. reviewing the finollci￿ st•tcment dksc105Wf5 and testiti8 to
Provide le￿nabl￿a$Sur8llcé th* thE fi08n¢iai #atem4￿ fre& from fr•￿d or mr.

Reportof the lrydependent Auditors to theTTus¢e¢s or
TKE TRusfEFS OFTHE GRAmm￿R SCHOOL
or KNC EDWARD ￿ AT
STRATFORD iIPON AVON
tothc iDherwrt limitstiotts of ￿ audi4 th¢re is •D UDa*vidable Tisk IlRt we h&ve dete¢tsd some mateti4]
misststcm¢nts ill th¢ financial stat¢mcll￿ tFrt)ugh w¢ kn¢ prowiy plADnedatJd perfrsr￿ed our a￿lit in
a¢¢oTdan¢e audiling5trlld&￿ For ¢xamplc, the fiDtrTonoved non-a)mpliaw with jaws and re￿10￿$
(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 irry￿13T1ts¢s
misrcpTe5entation. We are not reswJtL8ibl¢ for we4)titig tyollrfomplia￿ c*ty)t be exp￿1 to ddect
non.wmpltallc¢with all14ws 1¢Kulati￿ry.
A furth¢rdestyiption of¢)ur rwibilities is aY3ilknle on the Fillaoc￿l ReiortiTh8 Courycil'5 w¢bsit¢ at..
httTr8.'IlvnvW.fre.org.uklauditorsr¢5w￿1b1Il1l￿. This ¢J¢xripMI foThs pfirt of ow auditTeptsrL
OthtT mitien
d RepLth8 by Cbaritie8'. st&em￿¢ of ReO)Jnme￿ded 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 be*uwithdrnwn.
Thi3 be¢n dorK in Ordvr foT th¢ finaDGid to hsrvi¢w In ¥£¢i¥dwwtth currtrAt
Gtherally A(xeptsl A¢￿￿1￿18 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¢ eJ￿rity'S tnL8tee3 those W¢rs w¢ at¢ required to
state to them in r¢port no other pwpose. To the fvllest ex*Nt PMItt￿ by law. we do not a¢e¢pi or
ume resp)nsibiiity to anyone vther thatt th¢ comP￿Y 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 stste￿￿1 ofrwaDCt*l 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
SdIc￿l 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￿￿(10￿3) on inv¢stm¢rtL4
14W
14J30
38.332
INCOMEI<EXPENDtTURE)
Trawfers b¢tveell f4￿dI
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
Tot*1
734 980
Net sain￿00￿9¢8)0
InyestrrLents
14
Nrr
COhffj(KxPEr￿rrl1RE)
Tra]Mfers betweeD
(4K630)
(41,796)
26015
101,680
41.796
N¢¢ mov*m¢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
C￿rity Balanee Sl
AT31 MARCH 2025
2025
2024
To¢A]
fi￿dS
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
cRED￿ORs
Amounts fallin8 due afttrmo
th￿Oney¢•r
($39ffj59)
(539ffj59)
(706,595)
Nfi A&SEts
li
FUNDS
4,192238
4,083.797
1.138J36
1221,262
70 4 785 270
R￿Id¢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 Sl*temext
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) oper*tini
CA8b tlowi from itivostiD¥ #c￿vIll#.
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 L*8h prWiid￿ by (wed lffj) invuting
Ctsh flows frow tln*n<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
sI￿T￿ORD UTON AVON
Notes tr• the Con801id*ttd Casb Flow Ststemellt
FOR YEAR ENDED 31 MARCH 2025
RECONCILIATIOFI OF NET IN(Dh￿ TO NET CASH VLOW TROM OPERATING AC￿￿lEs
2025
2024
Net Income forth¢ r•portlDgperh)d (ajper the9t*t￿ellt 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 KQuIVA￿K￿s
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 st*tetyfflts
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) 1cff￿tiV¢ 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 ex*iott of itives1m￿jts ￿l¢k aye iDcltyJed ￿ market valu
toth• rA¢ar¢&t £
Golng concern
The Tn]Ste￿ QOD8hts that th#¢ Arv no •bout the L*arity'J •bi]ity to ￿*t￿lle as a 8oiti8
IJKome
Reco￿1110￿ of lllcollke
All in£ome ij re¢O￿l￿d fl the of Fin￿1￿ Actsth th• Ghtrity h8F •ntitlem￿l 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¢ ￿tt￿blo 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
cOn￿ltting the c&*ity to pay out resollT¢e8 •md the ￿L(A￿t 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 a￿ed as expe￿jiti￿
Twibh ftxed &¥J¢ts ¢harlty
Freehold laDd is not dcpreciattsl.
o￿lC#EquIptttQnt is deP￿l￿ted on •Strai8hi liue basisovtr 13 year &rric
Due to the his*oTiC 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 exP￿ted liv¢s. The
Ch￿8¢ in the Stst¢ment ofFin￿la1 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 p￿￿tte$ bave iDdefinite usefi
lives Bnd as thty bave ttot beeo dewxTate41 froty thc last valu￿10￿ 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¢ Financi*l state￿ents- to*iMille41
TOR ThE YEAR ENDED 31 MARCH 2025
ACCo17￿c POUCIE8.
Intall￿bIe fix￿ assets ebArity
It ix the policy of the Charity to capitsiise exp￿dI￿ e*blishitt8 A wtioj for providing A S¢TVi¢¢
is op¢D to the gffLwal Fwb]i¢.
The8¢ ar¢ vdurA ￿ cast ttTd will be￿itte￿ offovorthre4y¢•T3.
Int*ngi]Atr fixed ¥ub¥itharl¢•
tAngibl¢ ao¥ots are initiw m¢uut¢d at W3¢. Afl¢r iDitial r￿0￿)1￿0￿ iDtIny￿e 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 #lev￿￿1 at ¢b
A fin￿¢181 88*¢t or a F￿a￿l81 lilbdity is rt¢OPll8¢doDly the th•rity b￿rneS pty to th¢ ¢on1r1¢￿
pmvl8i0￿ ofth• wtnulltaL
Basic fmanctal tOStwm¢nts ¥T¢ illitsallyTKwixI at the arDc￿Et Teceivgble or pAyable inellldl￿ ￿Y rel*ed
tr*ttsa¢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￿¢1￿1 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 dtsc0Un￿I&¢a￿wk￿ 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 b*nk *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 y￿r 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 SCll￿L
OF KJNG EDWARD VIAT
srRATFORD UPON AVON
r4otu to the FJll*n¢l4J Stst¢ments- cojitinued
FOR THE YEAR ENDED31 NiARCH 2025
AcfouNIING POLtClES. eontinmal
T*￿tiOn
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
Chari￿ble obi¢¢ts.
Under the sc*LemE set up in Nov¢mbEr 1998 the lalld IKlow ts th¢ Cbtirity aDd to"Sth￿l 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 payment￿1￿8 m*dt on¢¢
the aDllual Accounts of the GuildEstAteI￿v¢ been pr¢p8JeAI. 1he finao¢ial Stat￿¢Trts Ire preprnl ¢)D an a¢cru
No pmision is Tnade fot ￿Y P4JdÈtsonftl i￿0￿¢ ¢)w¥ th)ve the payments on du¢ for the pwiod
from 18tJenuw to 3 1st MaKh 2025.
Contributions from the Tnw of the WIlll￿ll 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¢ I￿1 e8titDat¢d iti lino with FfftViOU8 y••
ft)come from inv¢8trnents from ints)m¢ is inclutsl iti th¢ St*ffjxntof Fi#anci81 A￿]¥1￿0 (SOFA) in
th¢ ye4r in which it ￿ ruyivabk.
DONATIONS AND LRGACIKS COPWLIDA11D & CUARITY
2025
2024
C7rAnts
L¢g4Gy fimd5rcc*ived
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 f￿rA1 a55¢ts
Dep)5it acccALt)t lottr¢st
L258,195
60
I)uruJg th¢ye4r the tharity wld l￿d atMwK￿I. 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
R*iithg doD#tiou leg*d
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
Sch￿1 development costs
187&704
8ffj72
141446
7.839
146,407
Inte￿$¢ payabl¢ ond similar ¢h￿¢S
2mS
2024
Tot

TIIK TRUSIEES OF ThE GRAMhfAM s￿￿00L
OF KING EDWARD ￿ AT
STIL4TFORD UPON AVON
Notes to the Fiwcial Stat￿llents. 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
Cr*nts to
the
CovernoTh P￿1vItIeS
2024
Audttors. rettLUOCrntion
Executive offic¢r
Tn￿te¢S meetittgs ¢xF¢nst
59
14a50
5.520
10.2(Kl
11. TRUSnES' REMUNERAiiof4 AFM BENBFrrs
31 M￿ch 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 ￿AT￿MI￿1 OP FThANCfAL ACllVTfiES
UnrtstrKted Rutsfieted EndowmeDt Totsi fvnds
ThTCOME AND
END0WMNE￿s FROM
869,131
169,131
Trading sthidi
Inv¢8tmffjl inMrAe
31159
32.IS9
{￿h￿1￿come
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 s￿￿￿0(￿4￿1) Inv¢JtJllebts
240913
(40,631)
200.282
RECONCILIATIOIY OF
Total ts*dy 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 Fi￿nCl#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 FIxED￿￿ET6 CONSOLIDATED a CHARtry
Land &
Ildings
Office
equipM￿t
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 m￿Ch 2025
NET BOOK VALUE
At 31 Morth 2025
795
17
At JI m￿¢b 2024
8911556
8 949 483
I& FIXKD A&srr IrivEsfMENTS cHAR￿y
Sh*res In
group
UDdertsklng8
cosr
At l April 2024 and 31 Marth 2
At3L Mtrcb 21ll3
NET BOOKVALUE
At 31 Ma￿h 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¢$.
KES (ShAk4%peAre's SebooD tnternAtion*l 1knit￿ {C•mpMy Nwnb¢r. 108612
2025
2024
12942)
(4.420)
N¢t PTofitl(kns)
OJ42)
14.420)
The • ofthe li4Aihkn and funds￿1$.
&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 Fitt*nd*l 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. tu1￿￿41 ptQMies w¢re by th6 TnMte¢s to r¢ffl￿t the m*ket y￿Ue 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 cRED￿ORS. 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
I7￿7
165.338
11.976
197
CRED￿oRS. 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 K￿G 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
12fjl￿3
(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
JneoNl*g R¥Miree8
Gxills *md Movemenl I
funds
uDThStrI￿Cd
General furyd
l J50
(698.769)
38J32
240.9I3
R¢¥tricted funds
Restrict&4 Fullds
{40fi31)
(40.631)
Knth)vnnent fvnib
Endowment F￿d
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 trI￿led £1.13¢836 31 Mor¢h 2025.
The Endowrneni fund rela￿S ty property held ID Ch￿ch Stre•t Strarftyd.Upon.Avon aloD8 with land 4t th¢ rtar
of Kin8 EdW￿d 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 cott￿1￿11ted Ststemujt of Aetsviliej
FOR YEkR ENDED 31 L¥IARCH 21)25
2025
2024
tNCOME AND ENDOWIMEKrs
DoD*t£ow •Dd l•8*tks
DonAtiOIL8
Grgnts
31
309
765.800
797
901366
766.109
knts rtcervable
Income from ]i$t¢d inve81n￿￿ty
Deposit acco￿1 tntvwt
17,11)0
32.135
24
65h57
31159
Other Jlltome
Gain on sale of intaD8TrJ •le fL¥ed &qets
Sundry iDccme
1358,195
60
1358255
60
122S178
798.328
EXTrENDITURE
R#islng (lo#*t5oD¥ aod legadts
Mai4l¢llance of schcA)I PTOPttry
Costs of obtsirtiD8 ￿@1)IS
124ffj56
108.434
224
CbArlt*ble *ttlvlll*s
Donation
School developmenteosts
Depn of J•JLd & buildi
Depn of fixtur&8 and fittill8S
Bonk charg¢3 and loan ir2teffJt
<3rant paynjents and r¢th¢d￿$￿
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
Detail￿1 CoL801id•ted Ststtmtnt of Fthau(iil AikntieJ
FOR THE YEAR 31 MARCH 21J25
2024
Tradln¥ i¢ttvitfj
Admillists￿l0Tr expenses
ijoo
1.707
34
2.713
1.707
FiTwKe costs
2,941
4.420
Support tosts
M*na8ement
Insuranoo
Lr8ol & wfeasionol fe
2.104
760
1&148
86.323.
Audltoys, rnnun¢ration
Exe¢utive offi￿r
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•)