Regtstered number. 00634981 Chority number.. 528959 West House School Govemors, Report ond Financiol Statements For the yeor ended 31 August 2024 JD. INS AUDIT West House School {A compony Ilrnhed by guorontee) Contents Poge Reference ond odmlnistrotlvè dèttslls of the ¢hurity. Its Governors gnd odvisers Governors, report Independent oudltor's report on the flnancknl statemènts 12-16 Stutement of flnanclal aCtI￿lIeS 17 8olonc¢ sheet 18 Stotement of cash flows 19 Not￿ to th• finandgl 5totements 20-40 West House Sthool (A company limited by gvarantee) R*ference and Administrative Detoils of the Charity. its Govermrs and Adviser5 For the yeor ended 31 Avgust 2024 Governors Mrs C R Ashley. Choir J A Clcjughton Esq. {resi9ned 8 November 2025) I P P Crowford Esq. J R Gittins Esq. S A Blockledge Esq. Mrs A K Hoyer Dr J Evons (resigned 21 Moy 20241 Mrs E Bogg (oppointed 21 Moy 2024) Dr A Rajp (appointecl 21 Moy 2024) Mrs S L Keone {oprointed 19 November 2024) Mr M Monks (appointed 19 November 2024) Company registered number 00634981 Chorlty reglstered number 528959 Reglstèred omce 24 St Jomes Rood Edgboston 8irminoham B15 2NX Compgny sècretary Ms J Robinson Chief executlve officer A M J Lyttle Esq. Independent audhor Doins Audlt Limite(S 2 Chomberloin Square Porodlse Clrcus Blrminghom 83 SAX Bankers LIDyds Bonk plc I Calrhorpe Roool 8irrningho B15 1QL Pooe 1 West Hovse School (A company Ilmlted by 9uorantge) Governor5, Aeport For the yeor ended 31 Augvst 2024 The Governors present thelr annuol report tooether wlth the uvdlted flnonciol statements of the charlty lor the year 1 September 2023 to 31 August 2024. The Annual report serves the purposes of both o Governors, repon and o dlrectors, report Under company low. The Governors confirm that the Annual report ond financlol stutements ol the charltoble compony comply wlth the current stotutory reoulrement& the reqvlrements of the choritoble companu's govern1ng document ond rhe provislons of the Stotemeni of Recommended Proctice (SORP) opplicoble to choritles preporing their occounts occor(Junce wtth the Finonclal Reportlng Stondard appllcoble in rhe UK and ftepubllc ol Irelond (FRS102) (effectlve 1 Jonutsry 2019). Slnce the chorlty quollfles as SfnoII under sectlon 382 of the CCMpan￿ Act 2006. the Strategic report requlred of medlvm ond lorge componies under the Componles Act 2006 Istroteglc Report ond Directors, Report) Regulotlons 2013 hos been omltied Structure, governance und mona9ement . ConstltLrtlon West House School is registered as a charitable compony Ilmrted by guorontee. Incorporoted on 1st August 1959 (No. 006349811 ond reolstered os o chorlty on Iolh Aprll 1963 (No. 528959). The compony wos incorporated under Memorondum of Associotlon which established the objects and powers ol the charitable company ond Is governed under Its Articles of Assoclotion. b. Methods of oppolntment or elèctlon of Governors The Governors ore respon￿ble for the monogement of the chorlty ond ore elected ot Annuol General Meetlngs to serve os Ilfe members or annuol sutr>gcrlbing member& under the terms of ihe Artlcles of Associatlon. There ore 9 members who are currently elected Governors. whose Iloblllty Is Ilrnrted to Cf contfibufjon of a moximum ol £1 each. This guarantee wlll only apply when there is o deflclencu ol net 0￿et$ upon Ilquidation. The chority's eletted Governors are oppolnted ot the Annuol Generol Meetlng on the bosls of selectlon of nomlnees meetlng ihe crltedo set by the Boord whlch stlpulate eligibility. personal competence ond speclallst skllls. The Boord seeks io engage a dlverse range of professional experiènces to ensure o bolunced judgment. Nofnlnees ore COns￿ered upon thè retirement of a Governor frorll offlce and the skllls needed to ￿Place the post. Recrullment Is generally from the Focol business community ond the boord is portlculorly keen to oppolnt senlor reochers from independent schools and those wlth o good un¢Jerstandlng ol the requlrement& needs ond challenges of mointoinln9 successful preporoioru school. Page 2 West House School (A compony lim[t￿ by guarantee) Govèrnors. Aeport (continued) For the year ended 31 Augu# 2024 Structure. governance and managernent (continued) . Orgonlsatlonal structure ond de¢i%lon-maklng pollcles The Governors are legolly responsible for the overoll monogernent and control of West House School. The chority is orgonlsed so thor ils Governors rneet os ts full Boord oi leost rhree tlmes per yeor to monoge its offoirs. ond to forrnulote ond review pollcy. The Governors achvely rewew the mojor strotegic. business and operotionol risks which the charity loces ond confirm thot they hove estoblished systems in ploce to mitigotÈ &gniflcont risks. They olso corry Jt a regular review of investments to ensure their sultoblltty and also to ensure thoi proper dlverslflcatlon hos bèen undertaken to mitigote risks. membe￿ of the full Board sit on the lollowino subcommlttees which report back on a regulor bosis.. Heolth and Sofety,. Education." Property ond Flnonce. A nominated Governor lioises wlth the Deslgnoted Safeguordlng Leod on motters of safeguordlng three times durino the yeor and produces o report lor the full Boord. The Heodmoster ond the Bursar are responsible for ihe day to doy runnlng of the chority ond report to the Governors on a reoulor bosls. Manogement occounts ond budgets ore presented eoch term ond the school's fee structure is Yewed anL4 approved ot leost onnuolly enobllng the Governors to ascertain the finoncial position of the choritu. adopting sultoble occounhng practices ond ensur5ng Lhoi SORP occouniing procedures ore followed. An estobllshed orgonisotionol structure. lines of reporting ond authorisotion. ond opprovol levels are in place. d. Policies udopted for the induction and troining of Governors The inducrion process for Governors Involves spending time in school wlth Ihe Heodmoster ond Bursar. along with brieflngs os necessary with copies of previous sub-committee ond committee minutes relevont to inclividuol speciolisms. All Governors ore portlculorly eTrcouraged to ottend the vorious onnuol school functions and to meet member5 of the school stoff in order to ooln o fv11 knowledge and understonding of the noture of the school'5 business. An appropriate ￿Ve] of instmction is provided io both new ond existing Governors to updote their knowledge und ploce them in o position where they could re050nable identify their powers ond responsib411t1￿ Perfodic formol trolnlng Is also undertoken olWng o governor to successfully dischtsroe his/her duty. e. Poy pollcy f¢y key monggement pèrsonnèl In the opinion of the Governors. the key manogement personnel of West House School responsible for the direttion. control. running and operation of the school on o doy-to-doy thsls consists of the Board of Govèrnors tsnd the senior monagement teom comprising the Heodmaster. the Bursor ond the Deputy Head ossisted by other senior staff members. All Governors give freely of their tiine and no remunerotion wos poid duriro the yeor ond no expenses rwmbursed. The poy of West House school's senior staff is reviewed onnuolly to reflect the recruitment ond retention of high quolity 5toff. Poy Is norrrKJlly incre￿ed bosed upon the position of the school's fin0n￿S ond the cost of Ilvlno in generol. f. Related party relotion5hip5 Detai15 of reloled third porry transaaions ore dlsclosed in note 25 to the financial statement5. Poge 3 West House School {A company Ilmlted bu guorontÈe) Governors, Report (contlnued) For the yèar ended 51 Au9VSt 2024 Structurè. governance and monagement (contlnued) g. Financlol risk monu9ement The Goverrors hove assessod the molor rlsks to whlch the chorlly Is exp05ed. In FQrtlcular those reloted to the operotlons ond finonces of the charity. ond are sotlslied thot systems ond procedures are in pltsce to mltigote exposure to the mojor rlsks h. Governors, Indemnities The Governors ond Trustees have Llobllliy Insuronce cover under o Professlonol Risk insurollce pollcy. The cover Is extended io Include Principal. Governor& Trusiees/Dlrectors or Offlcers l. Other relotlonshlps The Headmoster is o member of the Independent Assothatlon of Preporotory Schools (IAPS), which exlsts to shore expertise. knowledge ond experlence ocross the Independenr prewrotory school sector. The Bursor is a member ol the Independent Schools Bursors Assoclollon (IS8A}, whlch provides professional (Jevelopment. technlcol support ond invaluoble reference rnoterlol. Other key parties supporting the chority Include the Independent Schoo15' Councll (ISQ ond the Assoclotlon of Governing Bodles of Independenr Schools IAGBIS). Obl?ctlves and actIv￿￿è￿ u. Pollcles orKI objectives The object of the school Is to odvonce high quollty education delivered through doy schooling for boys aged between four ond eleven. ond boys ond glrls oged from one tts four ueors. Core for oll ooe groups Is ovoilable for 48 weeks of the yeor wlth extended core from 7.30am vntll 6.00pm. The school's objecrs also provlcle for the creotlon and admlnlstrotlon of scholorshlps. exhlbltions and owards lor the encourogement ol study ond leornlng. West Hovse Is 0 School wSth o partlcularly hoppy ond carlng otmosphere. wlth 125 yeors. experience of fosterlng acodemlc. sporting. mustol ond 0rt1gtlc success. Our aim Ss to provide boys In Bir￿ingharn wlth on outsiandlng ocodemlc educotlon, whilst glvlng them the freedom to hove fun and the confiden io be themselves. The key feorures of the school are.. A smoll school for boys wlth o hoppy family otmosphere.. A school thot believes thot bretsclth of educatltsn enhonces ochlevement In oll oreas.. A school Whe￿ boys achleve owdemic exceller)ce. guided by o skiiied. dedicated staff.. and A school that contributes to the wlder communtty. It Is the wlsh of the chorlty Ihtst on ￿0vIng West House every Indi￿dU01 VAII have hoppy MeMo￿eS of his or her time ot Ihe school ond wssess the skllls. ottributes and qualltles necessory to thrfve In the middle part of the 21st century. Page 4 West House School {A compuny limite¢J by guorantèè) Governor5, Report (continued) For the yeor enrled 31 August 2024 Objectives gr￿ activf(ies (continued) In settino Dblectives ond plonnlng for octlvlt￿es. the Governors hove given due considerotlon to generol guidonce publishecl by the Chority Commission reloiing to publlc benefit. ond in porhculor to its supplementory publlc benefit guidonce on advoncing educoiion tsnd lee chorging. b. Actlvltles undertaken to ochlevè obleetbves . Access to education West House School Ss o chorycable trust which seeks to Ernefit the public through the pursuit of its stoted oims. Fees ore set (rt o level that ensures flnonciol vlobillty ond allows the provlsion of on exTrlleni education, conslsteni with membershlp of NPS. Bursory awords ore ovoiloble to oll who meet the oenerol entry requ5rements ond are mode on the bosls of porentol means or to relieve short-term hordship where o pupql's edvcotlon ond future prospects would otheNise be oi risl such os in the cose of redundoncy. In assessino meoris. ts number of loctors are taken into con51(5erotion. Including fomilu income, Investments and sovings ond fomily urcvmstonces. such as dependefjt relatives and number of siblings. I meons tested owords ore revlewed onnuolly. The policy of awarding scholorships and means tested bursorles contributes to the widening of access to the edUcat￿n offe￿d ond the focilitr.es ovoiloble The school also offers Michoel Pmtt Scholurships and Nichael Prutt Awords to pupi15 who displuy consideroble gift5 o)r talent5. Such awords ore designed to allow individual pupi15 to pursue such gifts or tolents with the flnonciol support of the school. The performonce of puplls receivlng Michoel Prott Scholorships ond Awards is reviewed onnuolly to ensure thot their progress Is In Ilne wlth thelr obllllies ond thot ihey ore moking on active contribution to the oims, ethos ancl expectatlons of the school. The Boord of Governors reserves the right to remove such scholarshlps and owards. Inforrnallon obout fee osslstronce Is ovoiloble from the 8ursor ond the ovo1lubll￿U of these owords Is hlghllghted in locol rxess ond other publicotions. Discounts ore olso Dffered to fomilles with more than one child oi the schts)l ond to staff who choose to eclucote their children at the school. Poge S West House School (A company Ilmit•d by guaront•e) Governors, Report (continued) For thè yèLir ènded 31 Avgusi 2024 Obloctlvos und octlvltles (continued) . Communff(y engugement Wesr House School ogaln demonstrated Vcs commltment to beneflfjng the wlder communlty through o vartety of meons.. The outdoor focSllties were mode ovolloble to local clubs ond businesses. Including other locol chorltles such as the Engllsh Crlcket Assoclaiion for the Deof (ECAD). A donation wos made to Harborne Cricket Club for ihe beneftt ol youth players. The school olso confjnued to support Woodgote Volley Urban Form vla sponsorshlp ond puplls ralsed money for Young Nlnds. Chlldren In Need. NSPCC. Comlc Flelief the Dome Kelly Holmes Trust supporting health and wellbeing for young people. Birminghom Children's H05pltal ancs St. Mary's Hospice. along wlth other smaller locol chorttles chosen by the 5enlor boys us port of thelr Enterprlse project. The onnuol 'Humonltarion Ooy. roised money for Sove the Chlldren in recognltion of children cought up in conflicts and noturol disasters in vorlous ports ol th& world. The schoo1 continued to act os the regional hub for the'chlldren's BcKik Projecy worklng Sn portnership with the charlty and Edgbaston Hlgh School. Durlng the flnonclol yeur. 11.900 bwks were collected and 6.600 of these were delivered to locol schods operotlng In deprtved 0￿0$ the remoifjder donated to Oxlarn Books. . Oblettlves for the yeur In plonnlng the oblectlves for the year, Ihe Governors hove given careful conslderotlon to the Chorlty Commisslon's generol guidance on public benefit ond In portlcu5or to Its supplementory public beneflt guldonce on odvonclng educotion ond fee chorglng. It Is on ongolng oblectlve ol the school that pupll numbers ore molntalned ond thot the successes of Its puplls. both ocodemlc and ntsn-ocademic. are continued ond enhonced through the oppolntment of hyjhly quollfled stoff. However. these objectlves ore set withln the contexl of spec5flc gools for the school ond its puplls Includlng those Ilsted below. Ourino the year the school sought to.. Maintoin aco(Semic und non-ocodemlc ston¢Yord5 through the oppolntment of hlghly qualified proctkt)ners. rlgorous perlormonce monogement and approprlate trolnlng of exlsiing stofl. Molntoin existlng levels of engagement wlth the locol communV(y. Carry out a full revlew of the school's strategic plan In Ilghi of the chonglng pollttol & economlc landsc(we. Provide o greoter focus on pupil ond 5toff wellbelng. Moke Michoel Pratt Scholorships ond Awards ovailable. alongside meons-tested lyJrstsrles. To corry out o review of the commltment to the T&ochers' Penslon Scheme. Corry out a revlew of pay scoles to ensure that the school demonstrates its commltment to recruitlng and ret01n￿ng high auolrfcy Staff. To lullu reopen the School s noture reserve. To enhonce dlgttol communicotlon across the school communlty. Corry out o full review of suppliers. consultonts ond ogencles used by the school to ensure the molntenonce of ouolitu servlces ot competitlve prlce& Carry out o full stroteglc review of the EYFS Deportment Includlng on upgrode to exlsiing tsccommoolutlon. 10. Poge 6 West House School (A compony limited by ouoronteè) Governor< Report (continued) For the yeor ended 31 Augvst 2024 Strateglc report Athievements and perfomiance a. Rèvlew of achlevements ond performance for the year The yeor 2023 - 2024 saw the school maintain high stondords of educotion ond core In o sofe ond stimuloting environment ond the school continued to meet the physical. sociol and emotionol needs of etsch pupil with outstanding succes& We sow a sllght decllne In pupll Thumbe￿ due to chonglng dernogfophics ond the reduced birthrote notionolly. It is onticipoted thot thls trend w11 continue in the coming yeors. occentuoted by the chonoing wliticol londscape. By the end of the yeor there were 337 wpils on the roll {2023'. 362), with 104 chllclren In the Eorly Years Foundotlon Stage (2023.. 110). Meons tested ond hordship bursodes were oworded In line with school pollcy ond 11 pupils benefitted from such owards (2023.. 10). Fifteen existing pupils benefited from Michael Prott Awards {2023.' 241. The school storted to offer the enhonced eorlu years funding for children from the age of nine months. resulting In porents being oble to occess fvndlng ocross the entlrety of the Eorly Years Foundotlon Stoge. Externol exominotion resuks reflected the commitment by ihe school to mointoining the highest standards of ocudemia. All of our leavers were offered at least one ol their chosen selective secondory school ploces12023'. 95%). 76% of condidates were offered places at Klng Edward's School. Blrminghom (2023". 47%). In oll, West House boys were aworded 14 ocodemlc scholorshlps ond I muslc scholorshlp to leoding independent school& The school remo1￿￿ commrtrted to the provision of o broad ond balonced curriculum ond pupils were offorded the opwrtunity to excel In o voriety of Inclvding ort. dromo. MFL ancj swrt. The contribution ol these curriculor oreos wos significont with pupil& once ogoln, performln9 01 venues throughoul the clty. Including St Foith ond St Laurence Church ond 8irmingham Cathedral. The contirTrued use of the Enrichment Leorning Grid ollowed oll puplls the opportunity to extend thelr leornlng beyond the school day and the standard currlculum whlle affording those wirh porriculor glfts ond tolents to explore their indlviduol Interests. The teaching of RSE and Wellbelng lessons become embedded withln the currlcvlum olongslde PSHE for all year groups. An oppropriote consultation exercise was Undertaken with porents in respect of RSE. The Educatlon Committee explored currlculum options for Yeor 6 pupils in the post exarninotion period which sow the introductioll of the Enterprise Projed during the Summer Term. Four members of stoff successfully completed their Forest School Training with a view to introducing Forest School during the ocodemic yeor 2024-2025 A fvll review of the Teochers. Pension Scheme was completed with ossistonce from Bornett Woddinghom. The Bcx]rd ol Governors eletted to remain wlth the Sche￿ to ensure thot the school contlnue¢J to recrult ond retoln o hlghly skllled teaching team. The wellbeing comfnittee continued to meet to add￿$$ wellbeing issues among the stoff. As a resuh. long sepAce cwards were introduced ond flu voccinations were offered onsite, alongside Ot￿55 to on employee 055(ston progromme offering o number of sttsff beneltt The Engoge Monogement Informoiion System wos fully Implemented and provided o more efflcieni meons of rnanaging the pupil journey from r￿l$tr hove been followed. subject to ony materiol deportures dlsclosed ond exploined In the finunclol stotements". prepore Ihe finunciol stotements on the going concern bosis unless it is inoppropriote to presume thot the chorltu wlll continue In bu￿nesS. The Governors ore responsible for keeping odequote occounting records thot are suffioent io show ond explaln the charity's tronsottions ond dlsclose wilh reosonoble occvracy ot ony time the linanc5al positlon of the chority ond enoble them to ensure thot the financiol statements comply with the Componies Act 2006 They ore also responsible for sofeguording the ossets of the chorlty and hence for toking ￿asOnable step5 lor the preventlon ond detection of froud ond other irregularities. Disclosure of informatK*n to auditor E(rh of the persons who ore Govemors ot the tirne when this Governors, report is opproved hos confirmed that.. so for os thot Govemor is owore. there is no relevont oudit Intormotion of which the chority's auditor Is unaware. and thot Govemor hos token oll ihe ￿ep$ thoi ought to hove been taken as a Governor in order to be owore of ony relevant oudit information and to e5t(Jblish thot the chorit¥'s ouditor Is owore of thot information Auditor The uuditor. Dain5 Audlt ￿mIted, hos Indlcoted hls wllllngness to contlnue In offlce. The designated Governors will propose o motion reoppolnting the aud￿Or at o meetirwJ of the Goverror& Approved by order of the members of the boord of Governors on 25 March 2025 ond Igned on thelr beholf by.. Mrs C R Ashley Chair Poge 11 West House School (A company Ilmited by gvarontee) Indeptrndent Audltorfs Report to the Members of West House Sthool Opinion We have audlted tbe flnanclol sioiements of West House School (the'charity,) for the year ended 31 August 2024 which comprlse the Slotement of flnanciol octlvlties. the Bolance sheet. the Siotement of cash flows and the reloted noies. Including o summary of slgnlflcont accounting polici&. The flnanaol reportlng fromework thot hos been opplled In thelr preporotion Ss opplicoble low ond Unlted Kingdom Accounting Stondords. Includlng Flnonciol Reportlng Standord 102 'The Financial Reporting Stan(kJrd oppllcoble In the UK ond Republlc of Ireland, (Unlted Kingdom Generolly Accepied Accovntlng ProLtlce). n our opinlon the flnonclal stotement glve o true ond loir vlew ol ihe stote ol the choritable componu's offuirs os ot 31 Au9USt 2024 and of Its ncomlng resources ond opplicotioll ol resource5. Includlng Its Income und expendlture lor the yeor then ended., have been properlu prepared In occordance wlth Unrted Kingdom Gefjerally Accepted Accountlng Pr¢xtice,' ond hove been prepared in occordonce ￿dth the requirements ol the Cornponies Act 200& Bosls for opinlon We conducted our oudlt in occordonce wlth Internoiionol Stondtsrds on Auditing (UK) (ISAS (UK)) and opplicoble low Our responslbilY(ies under those stondords ore further descrlbed In the Audltorfs responslbllltles for the oudlt of the flnonclol stotements sectlon of our report. We ore Independent of the chorltoble compony In accordonce wlth the ethlcol requlremenis thoi are relevant to our oudlt of the financiol statements in the Uniled Kingdom. Includlng the Flnanciol Reportlng Council's Ethical Stondord. ond we hove fulfilled our other ethlcal responslbilltles In occordonce with these requlrements. We belleve thot the ovdlt ewdence we hove obtolned is sullicient ond oppropriore to pro￿de a bosis for our opinion. Conclusions relatlng to golng concern In oudlting the flnonciol stotement4 we have concluded thot the Governors, use of ihe ijoing concern bosls of occounfjng in the preporotlon ol the Iinonciol statements Is opproprlate. 8ased on the work we hove performed. we hove not Identlfled any material unTrrtolnties ￿latIng to events or conditlons thoi, IndSviduolly or collectively. may cast signlflcont doubt on the chorltoble compony'5 oblllfy to contlnue as a golng concern for a perlod of ot leost twelve months from when the finonclol St￿eMentS a￿ OLrthorlsed lor issue. Our responsibllitles ond the responslbllitles of the Governor5 wlth respect to going concern ore described In the relevant sectlons of this ￿pOrt. Page 12 West House School {A company limlted bu guarantee) Independent Auditor's Report to thè Mémbèrs of W•st Hovse School (continued) oiher informotlon The other information comprises the informotlon Included In the Annuol report orher thon the flnonclol statements ond our Auditorfs rewrt thereon. The Governors ore responsible for the other inftsrmotion contoined withln the Annuol report. Our opinion on the financiol stotements does not cover ihe other informolon ond, except to the extent otherwise explicitly stuted in our report. we do riot express any form of assurance conclusion thereon. Our responsibility is to read the other information ond. in doing so. consider whether the other information Is tnoteriolly inconsisient wlth the finonool stolements or ovr knowledge obtoined in the cOu￿e of the oudlt. or Otherwise oppeors to be moieriolly misstoted. If we Identify such materiol Inconsistencies or opporent moteriol misstotements. we ore reouired to cjetermine whether thls glves rise to a moteriol misstotement in the linanclol stotements themselves. If. bosed on the work we have performed, we conclude thoi there is o moterkjl misstoiement of this other informotion. we ore required to ￿e￿rt thot foct. We hove nothing to report in this re9ord. Opinion on other matters prescribed by the Companle$ Act 2006 In our oplnlon, bosed on the work Undertaken in the course ol ihe oudit.. the inform(rtion given in the Governors, Report for the financial yeor for which the finuncial stoternents ore prepored Is conslstent wlth the flnonclol statements. the Governors, Report hos been prepored in accordonce wFth opplicoble legal requirements. Motter5 on which we ore required to rèport by èxcèption In the light of our knowledge and understondlng of the charitable cornpany and its environment obtained in the course of the oudit. we hove not Identifled moterlol mlsstuternents In the Governors, Repc)rt. We have nothln9 to ￿port In respect of the following motters in relotion to which Componies Act 2006 requires us to report to you i*, in our opinion.. odequote occounting records hove not been kept. or ￿turnS odequote for our oudit huve not been received from bronches noi vislted by us., or the finonciol stotemenls are not in agreement wth the occounting ￿CordS and returns,. or certoin disdosures ol Governors, remuneration specified bu law ore not made.. or we hove not received oll the InformotDn und explanotions we require for our oudlt." or the Governors were not entitled to prepore the finonclol siotements in accordonce with the smoll componies regime ond take odvontoge of the smoll componies, exetnptions in preparing the Governors, Report ond from the requlrement to prepore o Stroiegic Report. Poge 13 West House School (A ¢tsmpunu Ilmlted bu guorantee) Irbdependent Auditorfs Report to the Members of West Hou$e School {contlnued) Rèsponslbllltles of governors As explolned more fully In the Govemors, responsibilitie5 Statement. the Governors (who ore olso the dlrectors of the hgritable cofflpany for the purposes ol comwny low) are responslble for the preporotlon of the Iincsnclol stoiements ond for belng sotisfied thot they give o true and folr vlew. tsnd for such internol control os the Governors determine Is necesstsry to enable ihe preporotlon of flnonclol stotements thot ore free from materlal mlsstotement, whether due to froud or error. In prepar1ng the finonciol stoiements. the Governors ore responslble for osse5slng the charftable company's ability to continue os o golng concem. dlsclosing. os oppllcable, matters reloied to golng concern ond uslng the golng concern basis of occounting unless the Governors elther Intend to liqu￿ate the chorltoble company or to ceose operotions. or hove no re0115￿C alternotlve but to do so. Audltor's responslbllltles for the oudlt of the finonc4al statements Our objectives are to obtoin reasonoble us5urance about whether the flnancial stotements os o whole are free from moterlol mlsstotement. whether due to froud or error. ond to issue on Auditorfs report that Includes our opinion Re￿on￿ble ossurance Is a high level of a￿urance. but Is not a guorontee thot an cjudit conducted In occordunce wlth ISAS (UK) will olways detect o materlal MI￿tatement when It exLsls Mlsstutements can orlse from froud or error ond ore consldered matenol if. Individually Dr In the 0ggregOte. they could reosonobly be expected to Influence the economic decisions of users token on the bosls of these flnonciol stotements. Irreguloritles. Inclvdlng fraud. ore insionces of non-compllonce wrth lows and regu1otlons. We design procedures In Ilne wlth our responsibilitie5. Outlined atK)ve. to detect materiol mlsstotements In respeu of Irreguloritles, Inclucling fraud. The extent to whlch ovr procedures ore copable of detectlng Irregulorltles. Includlng Iroud Is detoiled below.. Our opprooch to Identlfylng and assesslng the risks of moterlol mlsstotement In respect of Irregulorltles, Includlng froud nd non-complionce with laws ond regulotlons. was as follows.. the senior statLrtory aud*tor ensured thot the engogement team collectlvely hod the oppropriote competence, capoblllties and skllls to IdentL4y or recognise non-compllance wlth appllcoble lows and regulotlons.. we Ideniiiied the lows ond reoulotions oppllcoble to the Cofnpony through discvsyons wtth directors ond other rnonagement, (Jnd from our commerclol knowlediJe ond experlence of the charily sector, we focused on speclflc lows and regulation5 which we consldered moy hove o dlrect rnoterial effect on the Ilnuriciol statements or the operotions of the company. Includlng the flnanciol reportlng leglslotlon. Componles Act 2CX)6. toxatlon leglslaiion, ontl-bribery. employment. and envlronmental ond heolth oncj sofety legislotion.. we Qssessed the exrent ot compliance wlth the lows ond regulutions identified obove through moking enqulrles ol rllonagement ond Inspecting I￿al corresponder(e', and klentifled lows ond reguloiions were communlcotecl wlthin the oudit team regulorly ond the team remained alert to instances of non-compllonce throughout the ovdlt Poge 14 West House School (A compony limitèd by guorontee) Independent Audltors Report to the Members of Wèst House School (conifjnu•d) Auditor's responsibllities for the audtt of the financiol stotemènts (eontinved) We ossessed the susceptibilky of the compony's finonclal srotements to moteriol mlsstotement. Includlng obtolnlng on understanding of how fraud might occur. bJ". moking enquiries of monogement os to where they Considered there w05 Susceptibility to froud. their owle*e ol octual. suspected ond olleged fraud., and considering the internol controls in pl(Ke to fnrtigate risks of fmud and non-compliance with laws and regulotlons To address the risk of frttud through management bias overrlde of controls. we.. performed onolyticol pmcedures to identify ony unusvol or unexpetted relotionships; tested journol entries to identify unusual tronsoctions-. assessed whether judgements and ossumptions mode In determlning the accounting estimates set out In Note 3 were indicotive of potential bios.. ond investigoted the rutK)nole behind &gnifi'cont or unusuol tronsoctlons. ln response to the risk of irregularities ond non-complionce with lows and regulgtions. we designed procedures which Included. but were not Ilmlted to.. ogreeing financiol srotement disclosuies to underlying supporting documentotlon". reading the minutes of meetsngs of those charged with governance.. enquiring of manogement as to octuol ond potentiol litigotion and clolms.. ond revlewing correspondence wlth HMRC relevont reguloiors ond rhe company's legol odvlsor& 8ecause o* the inherent limitation5 of on audit. there is a risk thot we will not detect 011 irregulorttie5. including those leading to o moterfol mlsstotement in the flnonclol stotements or non-complionce with iegvlotion. Thls rlsk increoses the more thot complSunce wlth o low or regulotlon is removed from the events ond ironsottions reflected in the flnonclol siatementl as we will be less likely to become owore of instonces of non-compllance. The rlsk is olso greater regording irreguloritie5 occurring due to froud rother thon error, CT5 fraud involves intentitsnal concealmerit, forgery, collusion. omlssion or misrepre5entotio A further descriptlon of our responsibilities for the oudit of the finonclol stotements Is locoted on the Finoncial Reporting Councll's webslte ot.. ww rsres ililies. This description forms part of our Auditoes report. Poge 15 West House School (A cornpony Ilmlted by gvUront￿) Independerbt Audltorfs Rèport to thè Members of West H¢yJse School (continugd) Use of our report This report 15 mode 501ely to the chodtoble compony's members, as o body. in occordonce with Chopter 3 of Part 16 of the Componles Act 2006. Our oudlt work has beeri undertaken so thot we mlght store to the charitable compony s members those matters we ore requ5red ro stote to them In on Audltoes report for no other purpose. To the fullest extent permitted by low. we do not occept or ossume responslblllty to onyone other thon the charltoble compony ond Its members, as o body. for our oudlt work, for thls report. or for the oplnlons we hove formed. 73// /./ Andrew Morrls FCA (Senlor Statutory avdltor) for and on behalf ol D*ins Audlt Llrnltèd Stotutory Audltor Chortered Accountants Blrmlnghom 25 Morch 2025 Poge 16 West Housé School (A company Ilmited by guaranteè) Aegtstered number: C*)634981 Balanc¢ Sheet As ot 31 Augvst 2024 2024 2023 Note Fi%ed ossets Tongible ossets Investments 12 945,827 973.Y8 13 7.546 976 953.373 980.324 Cvrrèrtt assets Stocks 14 24.697 23.342 Debtors 15 196.162 97.402 Investments 16 2.931.872 1.401.697 1.988.831 Cosh ot bonk tsnd in hond 1,854.614 4,554.428 3.964.189 Creditors.. omount5 folllng due wlthln one year 17 (807.031) (481.114) Net ¢urrèrtt ossels 3.747.397 3.483.075 Total net assets 4.700.770 4,463.399 Chority funds Restritted fun(Ss 18 10.780 10.196 Unrestrftted funds 18 4,689.990 4,453.203 Totol funds 4.700.770 4.463,399 The Governors ucknowledge their responsibilities lor complying wlth the requirements ol ihe Act with respect to occountino records ond preporotion of fIn0￿101 statements. The linonciol stotements were approved and outhorlsed for Issue by the Governor5 Qn 25 Morch 2025 ond signed on their beholf by.. Mrs C R Ashlèy Choir The notes on pooes 20 to 40 form port of these financS0l stotements. Poge 18 Wesl Hous• School IA compony Ilmlted by guarant••) Staiement of flnonclal act¢￿tIeS (lncorporotlng incomè ond expendlture account) For thè yètsr ended 31 Auovst 2024 Unrestrlcted funds 2024 Restrlcted funds 2024 Toiol funds 2024 Totol funds 2023 Note Income from: Donotion5 and leg￿leS Chorltoble octlvltles 13.068 13.068 9.971 4.042.960 4,042.960 3,758,744 Other trodlng ocfjvlties Irivestments 19.734 14 19.748 29.644 175,693 175.695 49.520 Totol Incomo 4.251.455 14 4.251.469 3,847.879 Expèndlture on.. Chorltable aCtIv￿leS 4.014.668 4.014.668 3.748.459 Total èxpendltvre 4.014,668 4,014.668 3.748.459 Net Incom• before Invèstments Net goins/{losses) on investments 230,787 74 256.8 99,420 570 570 {136) Net movément In funds 18 23Q787 237.371 99.284 Reconclllotion of fvnds.. Total funds brought lorword Net movement in funds 18 4.453.205 10.196 4.463.399 4.364.115 18 2J6.787 237.371 99.284 Totul funds corried forword 18 4.689.990 10.780 4.700.770 4,463.399 The Stotemeni of Flnandol Activities Includes all golns and losses recognlsed In the yeor. The notes on poge5 20 to 40 form port of these Ilnanciol statement& Poge 17 West Ho¢Jse School (A compgny Ilmited bu guurofit¢e) Statement of Co5h Flows For the year ended 31 August 2024 2024 2023 Cash flows from operuting activltles Net CQ5h provided bu/lused in) operatir¥J activlties 465.156 (59.331) Cash flows from investing activities Interest from Investments 119,837 49,520 Purchose of tangible fixed asset5 (94,869) 064.816) Net cash prO￿￿ed by/{used in) inv•sting activitiès 24.968 015.296) Chunge in cosh and cash equlvolents In 1ho ueor 490.124 (174.627) Cosh ond cash equivolents at the beglnning of the yeor 3.843.445 4.018.072 Cash and cash equlvalènts at thè ènd of thè yÈor 4.533,569 3,843445 The notes on poges 20 to 40 form part of these financial stotements Poge 19 West House School (A compony Ilmlted by gutsranteé) Notes to the Flnancial Statements For the yety endèd 31 August 2024 G•neral Informailon West House School Is o choritoble compony. limyced by guorantee oncs Incorporated ond registered In England and Wo1es under the Companies Act. The reoistered cornpany ond chudty numbers and reglstered offlce oddress ore given on poge l of these flnonclal stotemenr& The prlncipol objectives ond octivlties of the chority are set out In the Governors, Rewrt Accounting polici•s 2.1 Bosls of preporotSon of flnonclol statements The financial statements have been prepared in accordtsnce vAth the Chtsrlties SORP IFRS 102) Accovntlng oncs Reportlng by Charltle5.' Statement of Recommended Prottice tspplicable to charities preporlng thelr occounts In occordance wlth the Finonciol Reportlng Stondord oppllcoble in the UK ond Flepub11c of Irelund (FRS 102) (effectlve 1 Jonuory 2019). the Flnonciol Reportlng Stondord applicoble In the UK ond Republlc of Irelond (FRS 102) ond the Componies Act 2006. The financiol statements ore presented In the charftoble ctsmpolly's functionol currency of GBP {Steding). They are preptsred to the neorest £1. Wesi House School meets the delinltion of ts public benefit erTrtity under FRS 102. ￿setS and Ilobllltles ore Initlolly recognised ot FKstoricol cost or transactlon value unless Otherwlse stoted in the relevont occountSng pollcy. 2.2 Compuny stutus The charity is a company Ilmited by guorontee. The membets of the Cofnpony ore elected ot Annuol Generol Meetlngs to serve as Ilfe members or onnuol subscribing member& under the terms of the Artlcles of ￿soCI0t10Th A totol ot ￿76 ho5 been collected from life rjnd subscrlbing members to date. There are currently 9 members serving as elected Governors. os listed on poge l. In the event of the charity belng wound up, the Ilobility in respect ol the guarantee Is Ilmlted to £1 per member ol the ¢harltu. 2.3 Goln9 concern The linonciol stotements hove been prepored on o golng concern bosis os the governors belleve thot no mtsterial uncertaintles exlst. The governor5 hove considered the level of funds held and the expected level of Income ond expenditure for the 12 month5 from ouihorlslng ihese flnancial stotements. The expected level of Income ond expenditure is sufficient wlth the level of reserves for the charltu to be able io contlnue os o golng conTrrn. Poge 20 West House School (A company Ilmlted by guarantee) Notes to the Finonciol Statements For the year ended 31 Avgust 2024 Accounting policies (continued) 2.4 Income All income is recognised once the chorltu hos eniitlement ro tte income. It Is FKgbable that the Income wll be re￿iVed tsnd the ornount of income re￿1Voble con be meosured reliobly. The recognltion of income from legocles Is dependent on estoblishing entf(lement. the probability ol receipt ond the obiltty to estimate with sufficient accuracy the omount receivoble. Evidence of entitlement to o legacy exists when 1he chorlty hos svrficient evldence thot o gift hos t￿en left to them (through knowledge of the existence of a VDlid will and the decrth of the benefactor) and the executor is satisfied thot the property in question will not be required to sotisfy cloims in the estate. Receipt of o legacy fllust be recognlsed when It Is proboble thot It w511 te received ond the foir volue of the omount receivoble. whlch wlll generolly be the expeued cosh omouni to be dLqtrlbuted to the chorflu. can be reliably meosured. Grants ore Included In the Statement of hnonciol activities on a receivable bosis. The bolonce of income reTriveo for 5peciTiC purposes but not expended during the period is Shown In the relevont funds on the Balance sheet. Where income is reTrived In odvoncè of entitlement of receipt. Its recognition is deferred ond included in creditors os deferred Income. Where entitlement occurs before income is received. the irtome is occrued. School and nursery fees ore recognised in the accounting perlod In whlch the reloted e(Jucotionol services ore provided. Fees ore stoted ofter deduttlng allowonces. scholorshlps. bursorles ond other remlssions granted by the school. Income lox recoveroble In rebtion to Investment income Is recognise¢J ut the time the investment Income is receivoble. Other income is recognised in the period in which it is receivoble ond to the extent the goods have been provided or on completion of the service. 2.5 ExpendRure Expendiiure is recognlsed once there is o legol or construttive obllgotion to tronsfer economic benefit to o third porty. It is proboble Ihot o Ironsfer of economlc beneflts wlll be reoulred In settleffeni ond the omount of the obllgotlon can be measured reliably. Expenditure on charitoble activities is incurred on directly undertoking the cKtivities which further the charity's objectives. os well as ony ossocloted support cost& Al expendlture Is incluslve of Irrecoveroble VAT. 2.6 Interest receivoblé Interest on funds held on depogi Is Included when re￿1V0￿[e and the aTnouDt can be meaSU￿d rellobly by the chority," this is normally upon notificotion of the interest ptsid or poyuble W the in5tilution with whom the funds ore dewstted. Poge 21 West House School (A cornpony Ilmiièd by guarantee) Notes io the Flnanclgl Stgtemenis For the yeor ended 31 August 2024 Acrountlng polki9s {COFTrtinuèd) 2.7 Tanglble flxed assets und depreclatlon Tongible flxed ossets costing £l.000 or more ore copltolised ond recognised when future econom benefits ore proboble and the cost or value of the asset con be meosured rellobly. Tarigible fixed assets are Inttlally recognlsed at cost. After recognition. under the cost model. tangible fixed assets are meosured ot cost less occumulated depreclotlon ancl any occumulated impairment losse& All costs Incurred to bring o tongible fixed osset Into its intended wOr￿ng conditSon should be included In the me05urement of cost. At eoch reporNno dote the chorlty ossesses whether there Is any Indicatlon ot Impairment. If such indicotion exi5tS. the recoverable amovnt c)f the osset Is determined to be the higher of Its falr value less costs to sell ond Its volue In use. An Impolrment loss Is recognlsed where the corrying omount exceed5 the recoveroble omount. Deprec1otlon is charged so as to ollocote the cost of tanglble fixed assets le5S thelr reslduol volue over their estlmated useful Ilves. using the strtsight-line rrEthod. Depreciotlon 15 provided on the following boses Leasehold premlses- Design Technology Block and other leosehold improvements Furniture. fittsnos. tools ond equlpment 30 years wlth effect frorn 1 September 2017 7% to 20% strolght-llne 2.8 Inv•stm•nts Flxed asset Investments ore o form of flnanclol Instrument ond are Inlliolly recognlsed ot thelr tronsothon cost and subseqvent1y meosvred ot ftsir volue at the Balonce sheet dtste. unless the volue connot be me05vred rellobly in which case It Is measured at cost less impalrment. Investment gains and losses. whether reolised or vnreollsed. are combined and presented os 'Golns/(Losses) on investments, In the Statement of finonclol Qalvltles. 2.9 Stocks Stocks of uniforms are valued at the lower of cost ond net reolisable volue. Stocks of food ond fuel ore mt valued. 2.10 Oebiors Tro(Je ond other debtors ore recognlsed at the settlement omount after ony slbllng dlscount offered. Prepayments ore volued at the omount prepald net of ony trode dlscounts due. Pooe 22 West House School (A ctsmpony 1Smtted by guarontoe) Notes to the Finontiol Statements For the year ended 51 August 2024 Accountlng polldes (continued) 2.11 Cosh at bank und in hand Cosh ot bank and in hand includes cosh ond short-term highly liquid investments with o short moturity ol three months or less from the d(rte of ocquisrtion or openin9 of the dep051t or similar occount. 2.12 Llabhlities ond provlslons Llabilities are recoonlsed when there Is on obllgotion Dt the Bolonce sheet date os o result of o pctst event. it is probable that o trtsnsler of economic benefit will be required in settlerllent, and the tsmount of the settlement cor) be estimuted reliably. Liobilities ore recognised ot the amount thot the charity antiapotes it will to settle the debt or the omount tt hos received os odvonced poyments for the goods or services rc must provlde. Provlslons ore meosured ot the best estimate of the omounts reouirecl to settle the obligotion. Where the effect of the time volue of money is moteriol. the provision is bosed on the present volue ol those omount& discounted at the pre-iax du%couni rote thot reflecis the rlsks specific to the Iitsblllty. The unwindlng of ihe discount is recognised in the Stotemerit of financiol activities os a finonce cost. 2.13 Flnonclol Instruments The chority only hos finonciol ossets ond finonciol Ilobllltles of o kind that qualify os bosic finonciol nstruments. Basic finoncial instrurnents are initially recognised ot tronsoction value ond subsequently rneosured at their settlement volue with the exception ol bonk loans whKh ore svbseovently meosured ot arnortised cost usino the effectlve interest method. 2.14 Operating legses elltols poid under operotlng leoses ore chorged to the Stotement of finonciDI Ottivilles on o strolght-llne bosis ovei the leose term. Poge 23 West Housè School (A company limited by gvuront••) Notès to tho Flnonclol Statements For the yèur Ènded 31 August 2024 Arcounting pollcles {¢ontlnued) 2.15 pen￿OnS The chorttry operates a deflned CDntribution pension scheme ond the pension charge represents I amount5 payable by the charltu to the fund In respecr of the yeor, The chorlty's acodemlc stoff belong to the Teochers, Pern5￿￿ Scheme Englond and Woles {TPS) The Teochers, Pension Scheme (TPS) Is a statutory. contr5butory, defined beneflt scheme, governed by the Teachers, Pen￿or1 Scheme Regulotlons 2014. Membershlp Is outomatlc for full-time teochers in 5tate- fvndecs schools. All teachers have the Opilon io opi-out ol the TPS lollowlng enrolrnent. The TPS Is on unfurded scheme to whlch both the member and employer makes contrlbutlons, tss o percenra9e ol salory - these contrlbutlons ore credlted to the Exchequer. F1efj￿Ment ond other penslon benefits ore pald by pub11c funds provided bu Porllomen1. Contrlbvtlons are colculoted $0 os to sprecld the cost of penslons over employees, worklng lives wlth the chority ill such u wcjy thot the penslon cost is o substantially level perTrntch)e of current tsnd future pensionable payroll. The contrlbvtlons are determined by the Governmeni Aciuary on the btssls of quodrènniol volvotions uslng o prospectlve unit credit method_ Under the definitions set out In FRS 102, the TPS Is on unlunded multl-employer penslon scheme wlth no underlying ossets to ossign between employers. Consequently. the TPS Is treoted os a defined contributK)n scheme lor occountlng purposes ond the contribution5 recogn15ed In the perlod io whlch they relote. 2.16 Fund otcountSng Generol funds are unrestrlcted fvnds whlch are avalloble for use at the discretion of the Governors in fvrtheronce of the general objectlves of the charlty and whlch hove not been designoted for other purposes. Designated funds comprise unrestridecl funds thot have been set aside by the Governoig Iof partlculor purposes The olm ond use of eoch deslgnated tund is set out in the notes lo the flnonclol 5totemenrs. Restrlcted funds are funds whlch ore to be used in accordance wilh specific restrictlons imposed by donors or which have been raised by the charlty for portlculor purposes. rhe costs of rolslno and odmlnlstering such funds are charged o001n￿ the speclfic fund. The oim gnd use ol each restrlcted fund Is set out In the notes to the flnonciol stotemenis Invesiment Income, goins ond losses ore ollocoted io the opproprlote fvnd. Page 24 West Hovse Sthool (A company Ilmited by guarontee) Notès to the Finoncial Statèfftents For the year ended 31 August 2024 CritiCL)l oecounting e5timot•s and areas of judgement Estimores ond judgements ore continuolly evaluoted ond ore bosed on historical experience and other factors. Including expectations of future events thot ore believed to be reasonable under the circumstances. Criticol accounting estimotes and ossumpiions.. The chority mokes estlmotes ond ossumptions concerning the future. The resultlng occounting estlmoies and ossumptlons will, by definitlon. seldom egual the reloted tsctuol results The estimotes ond ossumptions thot hove o signlficont rrisk ol Cou￿ng o wote￿oI adjustment to the carrying omounts of ossets ond Ilobilities wlthln the xt finonciol year ore discussed below. Critical oreos of judgement Oepreclation The Governors hove reviewed the useful lives of flxed ossets oncj ussocioted residuol volues oncl concluded that they are oppropritste to the OUivf(ies of the chorlty. Residual volues consider SL)ch things os future market conditions. the remaining life of the osset ond projetted disposol volues. ond plalls to dlspose of an asset before the previously Éxpected date. BLid ond doubtfvl debts The Governors ore required to exercise significont judgement in estlmoiing ihe bod ond doubtful debt provis1￿. bosed on their ossessment ol the Ilkellhood of recovery. An informed ossessment is performed bosed on the knowledoe of porents including their COMMUn￿at￿n pottern and previous poyment history. Income from donotions ond legacies Unrestrlcted nds 2024 Total funds 2024 Total funds 2025 Donotions 13.068 13.068 9.971 The totol ol the 2023 income obove wos wholly ottributoble to unrestricted funds. Poge 25 West House School (A compony Ilmltèd by guorontee) Notes to the Flnanclal Slotement5 For thè yèar ended 31 August 2024 Income from ¢horRable actlvltles Unrestrfcted fund5 2024 Totul funds 2024 Total funds 2023 Gross fees 4.251.830 4.251.830 3,986.732 Bursories and slbllng discounts Recovery of costs for extros and disbursements 1306.604) 97.734 (306,604) 97,734 (25B.781) 30.793 4,042.960 4.042.960 3,758.744 The totol of the 2023 Income above wos wholly ottrlbutable to unrestricted fund& Income from othér troding Ottlvllles Income from fundraising events Unrestrlcted fvnds 2024 Restrictèd fvnds 2024 Total fvnd$ 2024 Hlre of premises Other fundMi￿ng Qcilvlfjes Sundry Income 12,556 12.556 4.240 4.240 3,138 14 3.152 19.n4 14 19.748 Poge 26 West Hovse School (A compuny limlted by guarantee) Notès to the Fingncial Statements For the yegr ended 31 Augvst 2024 Income from other trading octivities {contlnued) Income from fundroising evtrnts {continued) Unrestricted funds 2023 Totol funds 2023 Hlre of premises Other fundraising acfjvities Sundry incorne 10.610 10,610 5.660 5.660 13,374 13.374 29.644 29,644 Investment incom• Unrestrlcted funds 2024 T¢Xal funds 2024 Totol funds 2023 Interest receivable on short-term deposits 175.693 175.693 49,520 The totol of the 2023 income obove wos wholly attributoble to unresrricted fund Analysis of expenditure by activ¢ties Actlvities vndertakeft directly 2024 Svpport costs Total funds 2024 2024 School ond Nursery 3.150.600 864.068 4.014.668 Poge 27 West Hovse School (A company Ilmlted by guuruntèè) Notès to the Flnanclol Statement$ For tho year endèd 31 Avgust 2024 Anolusls of èxpendlture by actlvltles (contlnved) Acfjvltles undertaken dlrectly Support costs 2023 2023 Totol funds 2023 School and Nursery 2,938,859 809.600 3.748.459 Anolys15 of dlrect costs Total funds 2024 Totol funds 2025 Stoff costs 2.379.014 2,165,907 Stoff ogency fees Rent. rutes ond Snsuronce 8.116 72.110 129.089 110.074 Heot. Ilght and water Books. prlntlng. stotK)neru and moterfols Leused equlpment Subscriptlons Bod debts 146.020 160,290 522.207 217.943 8,448 6.102 62.983 90,945 (22.781) 31.960 Depreclotlon of leosehold improvemems Depreclation of other 055ets 29.092 85.544 86.396 3.150.600 2.938.859 Poge 28 West House School (A company Ilmited by guaranteè) Notes to the Flnonclal Statements For thé yèar ended 31 Aygusl 2024 Analysis of expenditure by atttvities (continued) Analysis of support costs Total funds 2024 Toto funds 2023 Stoff costs 262,034 248.150 Advertising ond staff recruitment Seryices and athi 24.219 37.799 29.087 89.582 Food, household expenses ond loundry Upkeep of gardens and grounds Postage and telephone Legol ond prtsfesslonal Repoirs and ren&wols ICT molntenonce and support Sundry expense5 Governonce cost5 167.865 144.908 34.088 43.964 29.115 24,010 2.340 33.423 165.414 78 149 39,768 38.577 91,369 52.027 13.884 13.080 Depreciation of other ossets 4.885 5,951 864.068 809,600 Net rnovement in funds 2024 2023 Fees poyoble to the chority's auditor for the audit of the chority's annual occounts 8.810 8,195 Other costs.. Operating leose ￿nI01$- land ond buildings Operotlng leose rentols- offlce equipmwt Depreciotion 61000 62.000 15.886 15.886 122.390 121.419 Page 29 Wèst House School (A compttny Ilmiiod by guorontee) Notes to thè Flnonclal Stgtem•nts For the yèttr ended 31 August 2024 10. Stuff ¢osts 2024 2025 Woges ond solorles 2.157.795 1,992.467 175.650 Soclol securlty costs Contrlbutions to pension schemes Agency stoff 191.143 292.110 245.940 8,116 72.110 1649.164 2.486.167 The overoge number of persons employed by the chorY(y durlng the year was os follows.. 2024 No. 2023 Teochlng ond Nursery Support Administrotlon 52 52 18 17 78 78 The number of employees whose employee benefits (excluding emF￿trye[ pEnsion costs) exceeded £60.000 wos. 2024 No. 2025 No. In the bond £60,001- £70,000 In the band £IOO,001- £110.000 The key manogement personnel of the chorlty comprlse the senlor leadershSp teom und the ossSstant heads. The senior leoder5hlp teom consists of the headmaster. deputy heocl ond bursor. The total omount of employee benefits (including employer pension contrtbutions ond employer notlonol insurance contributions) received by key management personnel for thelr servlces to the churlty wos £599.052 (2025- ￿50,556). 11. Govèrnors, romunerotlon ond expenses Durlng the ueor. no Governors re£￿Ved any remunerotlon or other benefits {2023- £NIL). During the year ended 31 August 2024. no Governor èxpénses have been Incurred12023- £NIL). Poge 30 West House School (A company limited by guurantee) ote5 to the Financlol Stutements For the y•ar ended 31 August 2024 12. Tongible ossets Furniture. frtting& tools and equlpment Desbgn Technology Other leusehold Block Improvements Total Cost At 1 September 2025 529,714 877.877 1.941.435 3.349.026 94.869 Additions 85.041 9.828 Disposols (634.373) (634.373) At 31 August 2024 529.714 962,918 1.316.890 2.809.522 Depreciation At I September 2025 Charge for ihe uear On disposols 417.086 452.888 1.505.704 2.375.678 4.609 27.552 90.429 122.390 (634,373) (634.373) At 31 August 2024 421.695 480.240 961.760 1.863.695 N•t book volue AT 31 August 2024 108.019 482.678 355.130 945.827 At 31 August 2023 112.628 424 989 455.731 973.348 Poge 31 West HovsÈ School (A eomptsny Ilmlted by ouarontee) Notes to the Financlal Statemenis For the year ended 51 August 2024 13. Flxed ossèt Investments Unllstèd Investmènts Mgrket valuotlon At I September 2023 Revaluatk)ns 6.976 570 At 31 August 2024 7.546 Net book value At 31 August 2024 7.546 At 31 August 2023 6.976 Stocks 2024 2023 Stixk of unllorm etc. 24,697 25.342 15. Debtors 2024 2023 Due wlthln one yèor Fees receivoble 73.850 28.250 Other debtors 8.954 6,391 61761 Prepayments ond occrved Income 113.358 196.162 97.402 Poge 32 West House Sthool (A comp¢ny limited by gvarantèè) Notes to the Financiol Statemènts For the yeor ended 31 August 2024 16. Current (wet investments 2024 2025 Shon-ierm dekK>sSts 2.931.872 1.988.831 17. Creditors= Arnovnts falling dut wlthln one year 2024 2025 Payments received in advon Trade credltors 427.466 235.548 100.429 38,219 Deposits held 89,092 71.300 Other tax(rtion ond soaal securtty Other creditors 50.974 49.195 76.247 74.391 Accruols ond deferred Income 61823 12,461 807.031 481.114 2024 2023 Deferred Income at 1 September 2023 Resources deferred during the yeor Amounts released frorn previous periods 48.877 (48.877) Poge 35 West House School (A company limited by guorontee) otes to the Financial Statements For the year ended 51 August 2024 18. Statemeni of funds Statement of funds- current year Balance at i Sept•mbgr 2023 Balonce at 31 August 2024 Tronsfars In/out Gglns/ (Losses) Income Expendtture Unrestricted funds Deslgnated funds MSchoel Prott Memoriol 7.742 (7.742) Bullding tsnd Site Development Excursion Support Fund 2,300,000 (81.735) 2,218.265 5.7B6 5.786 Short-term Finorbcial Hordshlp Fund Flxed assets 62.335 (20.548) 41.787 9n,340 (27,521) 945.827 5.349.211 120.548) {116.998) 3.211.665 Gèneral funds Generol Funds 1.103.992 4,251.455 Q.994.120) 116.998 1.478,325 Totol Unre5trlcted funds 4.455.203 4.251.455 (4.014.668) 4.689.990 Aestrlctod fund5 S Lloyd Muslc S Lloyd Awords Member subscrlptlons 9.284 570 9.854 750 750 162 14 176 10.196 14 570 10.780 Tolgl of funds 4,463,399 4.251.469 {4.014.668) 570 4.700.770 Poge 34 We$t House School (A cornpony limited by gvarantee) Notes to the Financial Statements For the year ended 31 August 2024 18. Statement of fvnds (continued) Purpose of fvnds Oesignoted funds Michoel Pratt Memorial represents funding to be used cst the dIsc￿tIon of the governors on scholarshlps. bursories ond any other similor couse& Building ond Site Development represents funds eormoiked bu the charlty In aniiclpotlon of the potenDol development of buildings on the slte occupied by the school. Excursion Support Fund future trfps. represents accumulated surpluses on school excursions to l)e utilised to subsldlse Short-term Finonciol Hordship Fund- represents funds set oslde by the govefnors for future hordship owards. Flxed ossets- represent5 unrestricted funds tied up in the fixed assets of the chorlty. Unrestrictèd general funds Unrestricted generol funds represent the free funds of the chority thot are not designatecl for Ponlculor purposes. Restricted funds S Lloyd Music & Awards- represents Investment funds held for the promotlon of music education. Member subscriptions- omounts collected frorn members os described in note 2.2. Poge 55 West Housè School (A company limited by guaront••) Notes io ihe Flnonclul Stglements For thè yèor énded 31 August 2024 18. Statemènt of funds (contlnued) Statement of funds- prlor Year Bolonce ot I September 2022 Bolonce ot 31 August 2023 Trunsfers n/out Golns/ (Losses) Income Expendlture Unrestrlcted funds Deslgnated funds Mlchoel Pratt Memorlol 83.742 (76,000) 7,742 Bullding and Site Development Excursion Supwri Fund Short-term Finonciol Hordship Fund Flxed assets 2.300.000 2,300,000 8,410 (2.624) 5.786 85.987 (23,652) 62.535 929,951 45.59? 973.348 3.408.090 (26,276) 132.603) 3,349.211 General funds Generol Funds 945.693 3.847.879 (3,722.183) 32.603 1.103.992 Total Unre5trkted funds 4.353.783 3047.879 (5,748,459) 4.453203 Rèstrlcted funds S Lloyd Music 9.420 036) 9.284 S Lloyd Awards Member subscrlptions 750 750 162 162 10.332 036) 10,196 Total of funds 4,364.115 3.847,879 (3.748.459) 036) 4.463.399 Page 56 West Hovse School {A compony limfted by guorantee) Not•s to the Finonclal Statements For the yèJr ended 31 August 2024 19. Anolysls of net ossets tse￿e￿n funds Anulysls of net assets between funds- current year Unrestritted funds Restricted fund5 Total fvnds 2024 2024 2024 Tongible fixed ossets Fixed osset Investments 945.827 945.827 7.546 7.546 Current 05sets 4551.194 3.234 4.554.428 Creditors due wlthln one yeor (807.031) (807.031) Total 4,689.990 10,780 4.700.770 Analysls of net assets between funds- prfjor year Unrestricted funds 2023 Restricted funds 2023 Totol fund5 2025 Tangible fixed 055ets Fixed osset Investments 973.348 9ll.348 976 6.976 Curfeni ossets 3.960.969 3,220 3,964,189 Creditors due within one ueor (481.114) (481.114) Totol 4.453,203 10.196 4.463.399 Poge 57 West House School ompony limited by gvorantee) Notes to th• Flnanclol Statemènts For the year endèd 31 August 2024 20. Rè¢onclllutlon of net rnovement In funds to net cush flow from operatlng actlvStles 2024 2023 Net income for the pertod (as per Statement ol Flnonclal ActI￿￿e$) 237.371 99.284 Adjustments for: Depreclutlofj chorges {Goin)/loss on investments Interest from Investments 122.390 121,419 (570) 136 075.693) 0.355) (49,520) Decreose/lincreose) in stocks Decreose/(Increose) In debtors {Decreose)/increase in credltors 1,064 (42.904) 41.322 325.917 (273.036) Net cosh providèd by/(used In) operating tsctivitles 465.156 (59,3511 21. Analysls of cash and cosh èqvlvglents 2024 2023 Cash ot bonk 1,401.697 1.854.614 Shon-ierm depo￿t5 2.931.872 1.988.831 Totol cosh and cash equlvlilents 4,333.569 3.843.445 Page 58 West House School (A company limited by guurantee) Notes to ihe Financigl Stgtements For the year ènded 31 August 2024 22. Anulysts of changes In net debt At1 September 2023 At 31 Augv$t 2024 Cash flows Co5h at bttnk and in hand 1.854.614 (452.91T) 1.401.697 Short-term depostts 1.988.831 943.041 2.931.872 3.845.HS 490.124 4.333.$69 23. Penslon commftments The chority contributes to the Governmenys Teachers, Pension Scherne and to the individual pension pluns tsf rtoin employees. The ossets of these schemes ore hèld separotely from those of the charity in Inclependently administered funds The pension cost chorge represents contribLrtions poyoble by the ChO￿tY to these funds and omounted to £246.9n12023 £245,940). Outstonding contributions of ￿3.769 (2023 - ￿5,478} were poyoble to these lunds ot the bolonce sheet olote and ore included In other creditors. The penslon chorge relote5 to the sole chorttoble octi￿rY ond the Ilablllru ot the bolonce sheet dote Is wholly repre5entotive of unresiritted funds. 24. Operotlng lease commltments At 51 August 2024 the charitu hod commitrnents to moke future minimum leose poyments under non- cancellotsle operating leases as folk)ws'. 2024 2023 Not later thon 1 yeor Loter than 1 yeor ond not later than S yeors Lcrter thtsn 5 years 100.214 77,886 327.050 261.662 9.740.440 9.802.440 10,167,704 10.141.988 Poge 39 West House School (A company lim￿ed by guarantee) Notes to the Flnancl*Jl Statements For the year ended 31 Avoust 2024 25. Reluted pgrty transuctlons West HLwse OldBoys'Assodot/on Two of the school's goverriors ond the school's Heodmaster served on the commlttee of Wesl House Old Boys, As5(Kiatlon durfng the yeor ended 31 August 2024. At thè bolonce sheet dote. West House School owed £32.000 (2023 - £32.000) to West Hovse Old Bou5, Ass(xlotion by wuy ol on inleresr-free loan. At the bolonce sheet date, West House School owed £3.965 (2023 - £4.8151 to West House Old 8oys' ￿SoCIatIon In respect of subscrlptlons collected on thelr beholf. W•stHouse SchoolPorent5'Assowtlon The Headmoster of the school Served on the commlttee ol West House School Porenrs, Associatlon durlng the yeor ended 31 Augvst 2024. K•y manogem•nt remunemtlon During the year. remunerotioll pold to key monogernent personnel ioialled £599.052 (2025 - ￿50.5561. 26. Agency arrungemonts The chority ptssses on chlldcore gront fundlng to nursery puplls, porents os an agent During the year, the chorlty recelved £171.251 (2023 - £142.138) Df gront funding from 81rminghom City Councll ond Pold thls over to F)arents. No omounts were tswing to porents ot the bolon¢e sheet Llote. 27. Controlllng partu The chorlty is controlled by the Boord of Governors. Page 40