Company Registration Number: SC 151423 Scottish Charity Number: $C022723
REGIUS SCHOOL
(a company limited by guarantee)
TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025
REGIUS SCHOOL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
| Page | |
|---|---|
| Report ofthe Directors | 1-9 |
| IndependentExaminer's Report | 10 |
| Statement ofFinancial Activities | 11 |
| Balance Sheet | 12 |
| NotestotheFinancialStatements | 13-16 |
Page 1
REGIUS SCHOOL
TRUSTEES' REPORT YEAR ENDED 31 JULY 2025
The trustees are pleased to present their annual directors’ report together with the financial statements of the charity for the year ending 31 July 2025, which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes. The financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
PURPOSES AND ACTIVITIES
Educating Children based on Christian Values
Regius is an private Christian School, based in Edinburgh, Scotland. Children will be considered for admission from P1 to S2, providing spaces are available.
Families who send their children to Regius come from a wide range of church denominations. But one common reason why parents choose to send their children to us is our focus on integrating Christian values into their children’s education.
Our goal is to place God at the centre of what we do.
Laying Solid Educational Foundations
We believe that every child has a God-given calling, and our role is to lay solid educational foundations, so they can excel in all areas where God calls them to.
Our goal is for every child to realise their full potential within a caring Christian environment. We nurture the gifts, talents and character of all the children in our care.
Page 2
REGIUS SCHOOL TRUSTEES' REPORT (continued) YEAR ENDED 31 JULY 2025
Regius School is a full member of the Christian Schools’ Trust.
ACHIEVEMENTS & PERFORMANCE
Our academic year 2024/2025 commenced in August 2024 and closed at the end of June 2025 with a school roll of 35 pupils. This was an increase of 1 pupil from the end of academic year 2023/24.
Regius School Vision and Mission
The Regius School Board believe it is very important to have a clear Vision and Mission Statement that board members, parents and teaching staff understand and align around. The Trustees reviewed them with parents, teaching staff and pupils and decided to keep them the same as the previous academic year.
Our Vision comprises six elements:
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Page 3
REGIUS SCHOOL TRUSTEES' REPORT (continued) YEAR ENDED 31 JULY 2025
These elements have been broken down into further detail and describe what we are aiming to achieve:
Excellence in Education:
- Following the Scottish Curriculum for Excellence, children are appropriately challenged and supported in their learning to achieve their full potential. Staff are qualified, trained and continually developing professionally.
Family Involvement:
- Family is honoured and seen as God’s heart for nurturing, teaching and bringing up children. Families are encouraged to be an active part of the Regius Community and a support to each other.
Culture of Honour:
- Children and staff respect one another and feel seen, known, valued and heard. Godly behaviour is understood to come from ‘bearing fruit by abiding in the vine’.
Worship and Prayer:
- The presence of God is celebrated through creative worship and prayer throughout the school day.
Knowledge of God:
- Children and staff seek to know and love God. They study His word and experience the working of the Holy Spirit.
Nurturing Creativity
- God-given creativity is nurtured and celebrated. Creativity can be found in every curricular area and there are regular opportunities for it to be expressed.
Our mission is to provide “Christian education to transform a generation”.
Throughout the year the Trustees used these elements to inform their decision making.
School highlights
During the 2024/25 academic year the school continued to provide opportunities for the children to participate in a wide range of activities.
The children completed an excursion to Newhailes Estate together with Mannafields Christian School and Hilltop homeschooling group.
REGIUS SCHOOL TRUSTEES' REPORT (continued) YEAR ENDED 31 JULY 2025
Page 4
School highlights
This built relationships between Edinburgh’s Christian Schools and homeschool connections. It also enabled the children to participate in team building activities outdoors.
The senior pupils of the school also went on a trip to the Scottish Parliament. This was part of our social studies programme and gave the pupils an opportunity to learn more about how our government is run. The pupils enjoyed a sports day event at the nearby playing fields.
In Expressive Arts, the children have been working on musical competence and composition, they developed dance skills and created several art pieces using a variety of mediums. The children also prepared and performed a nativity at Christmas and a musical production at the end of the year for the school community. They developed in all the expressive art areas through both of these.
During scripture class the children have been considering the question: 'How can we be saved?" It is God's free gift. They looked at how God saves sinners who confess their sins through stories in the Bible, such as the prodigal son in Luke 15 and David's sin in 2 Samuel 11-12. They have also been learning about missionaries: Evelyn and Jesse Brand.
This year our children enjoyed exploring the Spanish language throughout the year.
The school held an Open Day on Friday, March 21st, for any prospective parents to join us and learn more about life at Regius. This was a highly successful and popular event.
Further information about Regius School is available on our website: www.regius.edin.sch.uk.
FINANCIAL REVIEW
The Financial Statements have been prepared in accordance with current statutory requirements. The results for the year and financial position of the charity are as shown in the annexed accounts.
The Statement of Financial Activities indicates net income for the year of £22,472 (2024: net expenditure of (£2,001) and a closing positive fund balance of £26,716 (2024: £4,244) at 31 July 2025, of which £nil (2024: £nil) relates to Restricted Funds.
The Trustees are very thankful to individuals, ministries and businesses that have given charitable donations totalling £43,271 (2024: £17,684) to Regius School throughout the academic year. This level of funding has been greatly appreciated and enables the school to remain providing a Christian education to the pupils.
REGIUS SCHOOL TRUSTEES' REPORT (continued) YEAR ENDED 31 JULY 2025
Page 5
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The Trustees are seeking opportunities to increase income going forward through three means: 1. Seeking external gifts and donations from Christian individuals, ministries and churches who have a heart for Christian education and want to support our vision of providing “Christian education to transform a generation”.
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Seeking to attract parents who want to send their children to Regius School on a part time basis. Many families have seen the benefits of home schooling. With small class sizes and focus on developing independent learners we believe that Regius is a valuable support to home school parents.
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Seeking to attract parents who want to send their children to Regius School on a full time basis.
The Trustees have also discussed the option of raising the school fees to further increase income. However, we believe that God’s will for the school is to allow as many families as possible to benefit from a Christian education and the school fees are set accordingly.
INVESTMENT POWERS & POLICY
The trustees, having regard to the liquidity requirements of running the charity, have kept available funds in a bank account.
RESERVES POLICY & GOING CONCERN
The Trustees have assessed the major financial and non-financial risks to which the charity is exposed and are satisfied that systems are in place to mitigate any exposure to them. :
The trustees have reviewed the circumstances of charity and consider that adequate resources continue to be available to fund the activities of the charity for the foreseeable future. The trustees are of the view that the charity is a going concern.
The Trustees have received positive indications from individuals and ministries that want to sow into Regius School in the future. The school also continues to receive enquiries for new pupils. The pattern over the past 30 years has shown that there are peaks and troughs in the number of pupils at Regius, but we have continually seen God’s provision time after time.
There is currently a positive Reserve of £26,716 (2024: £4,244). The Trustees are aware that there are very little reserves and have plans in place to cover unexpected expenses or loss of income.
Page 6
REGIUS SCHOOL TRUSTEES' REPORT (continued) YEAR ENDED 31 JULY 2025
BOARD OF DIRECTORS
The directors of the charitable company (the charity) are its trustees for the purpose of charity law.
During this financial year, two members of the Board retired, to focus on other activities: Roger Wilcox and Marjory Morrow. All of the Board of Directors are very appreciative of the commitment and support that they displayed during their tenure at Regius School, and for their help in establishing a strong foundation for growth. The Directors wish them well as they transition into the next phase of life that God is calling them to.
On 25th October 2024 David Kunzi joined the Board. On 10th August 2025 Sharon Lee joined the Board.
The Board are currently looking to recruit additional Directors to supplement their number. We are particularly looking for people who have expertise in the areas of Health and Safety and Marketing.
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The trustees and officers serving during the year and since the year end are as follows: ° Roger Wilcox (retired 31 August 2025)
-
° Kim Kristoffersen .
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° Marjory Morrow (retired 23 December 2024)
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. David Kunzi (appointed 12 October 2024) ° Sharon Lee (appointed 10 August 2025)
Company Secretary: Sharon Lee, Regius School, 69a Whitehill Street, Newcraighall, Edinburgh EH21 8Q2Z.
Page 7
.
REGIUS SCHOOL TRUSTEES' REPORT (continued) YEAR ENDED 31 JULY 2025
PLANS FOR FUTURE PERIODS
The Trustees spent time at the start of the 2024/25 school term seeking God and developing a clear plan of action. They unanimously felt that Regius has a very strong foundation and that the school is ready to expand.
This forward plan comprises the following key elements:
-
One of the key elements of our vision is “Family involvement”. We plan to engage parents, teaching staff and pupils in prayer for Regius School. Our goal is to increase awareness of Regius School, increase the number of pupils on the school roll, and increase the number of charitable donations to the school.
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Refresh the Regius School website (https://www.regius.edin.sch.uk) and initiate a marketing campaign using Facebook (https://www.facebook.com/RegiusSchoolEdinburgh/) and Instagram (https://www.instagram.com/regiusschool/) to attract new families to the school, and increase the number of charitable donors. This was completed during the year.
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Launch a means-tested Bursary Scheme in August 2024. Regius School now provide a means-tested bursary scheme. Bursaries are awarded to families whose financial circumstances would otherwise prevent them from educating their children at Regius School. In the 2024/25 academic year, a few families were able to benefit from the Bursary Scheme.
-
Continue exploring how Regius School can expand its provision of education to secondary pupils. This will provide an additional source of income for the school.
CHARITY INFORMATION
Charity Number: SC022723 Company Number: S$C151423 Registered Office: Wellsprings, 69a Whitehill Street, Newcraighall, Edinburgh, Lothian, EH21 8QZ
ADVISORS
Independent Examiner
Sarah Hollis CA Hollis Accounting Ltd, 3 Melville Crescent, Edinburgh EH3 7HW
Bankers.
The Royal Bank of Scotland Cartsdyke Avenue, Cartsburn East, Greenock, PA15 1EF
Page 8
REGIUS SCHOOL TRUSTEES' REPORT (continued) YEAR ENDED 31 JULY 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
The organisation is a charitable Company limited by guarantee, registered as a charity in June 1994 and as a limited company from the same date.
The company was established under a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being would up, members are required to contribute an amount not exceeding £1.
The charitable company is regulated by the Office of the Scottish Charity Regulator.
Recruitment and Appointment of Trustees
The Directors of the company are also charity trustees for the purposes of charity law. New Directors/Trustees can be appointed at any time and are elected at the next AGM. The Trustees actively seek candidates for appointment to the Board who have skills relevant to the running of the charity. Some knowledge of the charity and its sector is required.
Trustees Induction
On appointment, Trustees are given an induction which includes a more in-depth look at the Roles and Responsibilities of a Trustee and the Memorandum and Articles of the Company, a copy of which is given to all new Trustees. Financial statements are made available and also an information pack.
Training
Ongoing training is offered to all Trustees as required. This may be as a group or individually. Active involvement with OSCR is encouraged to keep the Trustees well informed.
Organisational Structure
The Directors meet throughout each term to talk through matters arising. In between matters of importance are covered by email. The senior member of staff is the Headteacher who is responsible for the operational management decisions of the school. All other decisions are referred to the Directors.
RELATED PARTIES
Any related party transactions are detailed within the notes to the accounts.
RISK MANAGEMENT
The organisation has Risk Management Structures in place that are reviewed on a regular basis. Where appropriate, systems and procedures have been established to mitigate the risks the charity faces. Internal risks are minimised by the implementation of appropriate policies and procedures. Procedures are in place to ensure compliance with health and safety of students, staff and visitors. All procedures are reviewed annually to ensure that they still meet the needs of the charity. Insurance cover is reviewed on a regular basis to ensure that adequate cover is in place.
Page 9
REGIUS SCHOOL TRUSTEES' REPORT (continued) YEAR ENDED 31 JULY 2025
Trustees Responsibilities
The Trustees, who are also the Directors of Regius School for the purposes of company law, are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom accounting Standards (United Kingdom Generally accepted Accounting Practice).
Company law requires the Trustees to prepare accounts for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period. In preparing these accounts, the Trustees are required to:
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e Select suitable accounting policies and then apply them consistently;
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e Observe the methods and principles in the Charities SORP;
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e Make judgments and estimates that are reasonable and prudent;
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e State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the accounts; and
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e Prepare the accounts on the going concern basis, unless it is inappropriate to presume that the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with treasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the accounts comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small Companies Provisions
This report has been prepared in accordance with the special provisions for small companies under part 15 of the Companies act 2006.
On behalf of the trustees
SHARON LEE Trustee
Date: Ali 2028...
Page 10
REGIUS SCHOOL Independent Examiner’s Report to the Trustees on the Unaudited Accounts of Regius School.
I report on the accounts of the charity for the year ended 31 July 2025 which are set out on pages 11 to 16.
Respective responsibilities of trustees and examiner
The charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.
The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the Accounts Regulations does not apply and that an independent examination is needed.
It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention."
Basis of independent examiner’s statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in any material respect the requirements: ° to keep accounting records in accordance with section 386 of the Companies Act 2006, Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and ° to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Companies Act 2006, section 44(1)(b) of the 2005 Act and Regulation 8 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding ofoN to be reached. Sarah Hollis CA Hollis Accounting Limited 3 Melville Crescent EDINBURGH EH3 7HW
Dates \ Uf | | Us
Page 11
REGIUS SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 JULY 2025
| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Unrestricted | Restricted | ||||
| Notes | Funds | Funds | Total | Funds | Funds | Total | |
| £ | £ | £ | £ | £ | £ | ||
| Income | 2 | ||||||
| Donations and legacies | |||||||
| Donations | 43,271 | ~ | 43,271 | 17,684 | - | 17,684 | |
| Income from charitable activities | |||||||
| Grants | - | - | - | - | - | - | |
| School Fees | 118,377 | - | 118,377 | 116,279 | - | 116,279 | |
| Other income | |||||||
| Other income | 964 | 964 | 710 | - | 710 | ||
| Gift aid | 1,267 | 1,267 | 265 | - | 265 | ||
| Interest received | 185 | - | 185 | 56 | - | 56 | |
| Total income | 164,064 | - | 164,064 | 134,994 | - | 134,994 | |
| Expenditure | |||||||
| Charitable activities | 3 | 141,592 | - | 141,592 | 136,995 | - | 136,995 |
| Total expenditure | 141,592 | - | 141,592 | 136,995 | - | 136,995 | |
| Net income/(expenditure) before | |||||||
| transfers | 22,472 | - | 22,472 | (2,001) | - | (2,001) | |
| Gross transfer between funds | 10 | - | - | - | - | - | - |
| Net income/(expenditure) and net | |||||||
| movement offunds in theyear | 22,472 | - | 22,472 | (2,001) | - | (2,001) | |
| Reconciliation offunds | |||||||
| Total funds brought forward | 4,244 | - | 4,244 | 6,245 | - | 6,245 | |
| Totalfundscarriedforwards | 10 | 26,716 | - | 26,716 | 4,244 | - | 4,244 |
The statement of financial activities also complies with the requirement for an income and expenditure account under the Companies Act 2006.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
Page 12 Company registration number: $C151423
REGIUS SCHOOL UNAUDITED BALANCE SHEET AS AT 31 JULY 2025
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | ||
| Notes | £ | £ | £ | £ | £ | £ | |
| Fixed assets | 6 | 1,466 | - | 1,466 | - | - | - |
| Current assets | |||||||
| Debtors | 7 | 366 | - | 366 | 333 | - | 333 |
| Prepayments | - | - | - | 410 | - | 410 | |
| Stock | 343 | - | 343 | 487 | - | 487 | |
| Cash at bank and in hand | 25,441 | - | 25,441 | 5,544 | - | 5,544 | |
| Total Current Assets | 26,150 | - | 26,150 | 6,774 | - | 6,774 | |
| Creditors: Amounts falling | |||||||
| duewithinone year | 8 | (900) | - | (900) | (2,530) | - | (2,530) |
| Net current assets | 25,250 | - | 25,250 | 4,244 | - | 4,244 | |
| Net assets | 26,716 | - | 26,716 | 4,244 | - | 4,244 | |
| The funds ofthe charity | 10 | ||||||
| Unrestricted Funds | 26,716 | 4,244 | |||||
| Restricted Funds | - | - | |||||
| Totalcharityfunds | 26,716 | 4,244 |
For the year ended 31 July 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies and its members have not required the company to obtain an audit of its financial statements for the year in question in accordance with Section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The_bebeffinancialaf PORKstatements and arewere signedapproved on its behalfby theby: board of directors and authorised for issue on
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—_ LEE
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Trustee
The notes on pages 13 to 16 form part of these financial statements
Page 13
REGIUS SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 JULY 2025
1 ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going Concern
The accounts have been prepared on a going concern basis. The Trustees have assessed the Charity's ability to continue as a going concern, and have reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. There are funds currently available, including a bank overdraft facility, to meet all liabilities when they become due and if there are any changes in position the Trustees will make the necessary adjustments to service provision and staffing. Thus they continue to adopt the going concern basis of accounting in preparing these accounts.
Income
Income consists principally of primary purpose trading, grants and donations and is included in the income and expenditure account as soon as it becomes due. For donations and other voluntary income, this will be when it is received.
Expenditure
Expenditure is included in the Income and Expenditure Account and Statement of Financial Activities on an accruals basis.
Funds
Funds held by the charity are either:
Unrestricted funds: these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.
Restricted funds: these are funds which can only be used for particular restricted purposes within objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Fixed Assets and depreciation
Fixed assets are stated at cost and written off over their estimated useful lives at a straight line basis at 25% per annum.
Leasing and hire purchase commitments
Rentals payable under operating leases are charged against income ona straight line basis over the period of the lease.
Taxation & VAT
The organisation is recognised as a charity by HM Revenue and Customs. Accordingly, no provision is made for taxation liabilities. The Charity will be registered for VAT from 1 November 2025 and accordingly expenditure includes VAT where appropriate for this year.
Page 14
REGIUS SCHOOL NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDING 31 JULY 2025
| 2 INCOME | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| £ | £ | £ | £ | £ | £ | |
| Donations received | 43,271 | - | 43,271 | 17,684 | - | 17,684 |
| Charitable activities | - | |||||
| Fees - School | 118,377 | - | 118,377 | 116,279 | - | 116,279 |
| GiftAid | 1,267 | - | 1,267 | 265 | - | 265 |
| Interest Received | 185 | - | 185 | 56 | - | 56 |
| Other income | 964 | - | 964 | 710 | - | 710 |
| 164,064 | - | 164,064 | 134,994 | - | 134,994 | |
| 3 EXPENDITURE | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| £ | £ | £ | £ | £ | £ | |
| Wages& salaries | 107,721 | - | 107,721 | 103,361 | - | 103,361 |
| Other staffcosts | 1,569 | - | 1,569 | 898 | - | 898 |
| Travel& conferences | 7 | - | 7 | 184 | - | 184 |
| Rent& Water charges | 14,700 | - | 14,700 | 14,700 | - | 14,700 |
| Insurance | 3,594 | - | 3,594 | 3,616 | - | 3,616 |
| Repairs& maintenance | 3,431 | - | 3,431 | 3,403 | - | 3,403 |
| Entertaining | 149 | - | 149 | 497 | - | 497 |
| Charitable donations | - | - | - | - | - | - |
| Teaching materials | 1,045 | - | 1,045 | 804 | - | 804 |
| Other operational costs | - | - | - | - | - | - |
| Uniforms | 144 | - | 144 | 118 | - | 118 |
| Telephone& postage | 1,435 | - | 1,435 | 1,323 | - | 1,323 |
| Printing& stationery | 1,444 | - | 1,444 | 1,823 | - | 1,823 |
| Publicity& promotion | 687 | - | 687 | 1,057 | - | 1,057 |
| Computer software | 299 | - | 299 | 320 | - | 320 |
| Subscriptions | 1,453 | - | 1,453 | 1,303 | - | 1,303 |
| Legal& Professional fees | - | - | - | - | - | - |
| Book-keeping& administration | 865 | - | 865 | 878 | - | 878 |
| Bank charges& interest | 317 | - | 317 | 267 | - | 267 |
| Depreciation& gain on disposal | 366 | - | 366 | - | - | - |
| Independent Examination fee | 1,620 | - | 1,620 | 1,584 | - | 1,584 |
| Other and one-offcosts | 746 | - | 746 | 859 | - | 859 |
| 141,592 | - | 141,592 | 136,995 | - | 136,995 |
Page 15
REGIUS SCHOOL NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDING 31 JULY 2025
- 4 TRUSTEES
Marjory Morrow was paid £nil (classroom assistant) (2024: £218) and Tom Morrow, Marjory Morrow's husband, was paid £nil (maintenance/specialist teacher) (2024: £73). Directors Roger and Alison Wilcox paid £10,500 (2024: £9,793) for school fees and associated costs. David Kunzi became a director this year and paid £10,500 for school fees and his wife Priscila was also paid £1,258 (Spanish teacher).
During the year Trustees were reimbursed £nil (2024: £nil) in total for expenses they had paid on the charity's behalf.
During the year there were £13,000 (2024: £1,500) donations to the charity by trustees.
- 5 STAFF
Number of Employees
| Number ofofEmployees | ||
|---|---|---|
| The average number ofemployees, calculated on | the basis ofahead count was: | |
| 2025 | 2024 | |
| Number | Number | |
| Teaching staff | 12 | 13 |
| Administration | - | - |
| 12 | 13 | |
| Employment costs | 2025 | 2024 |
| £ | £ | |
| Wages and salaries | 105,170 | 101,274 |
| Employer's National Insurance costs | - | - |
| Pension costs | 2,551 | 2,087 |
| 107,721 | 103,361 |
There were no employees (2024: nil) whose annual emoluments were £60,000 or more.
| 6 | TANGIBILEFIXEDASSETS | Equipment | Equipment |
|---|---|---|---|
| and furnishing | and | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Cost | |||
| At 1 August brought forwards | 12,720 | 12,720 | |
| Additions/(Disposals) | 1,832 | - | |
| At 31 July carried forwards | 14,552 | 12,720 | |
| Depreciation | |||
| At 1 August broughtforwards | 12,720 | 12,720 | |
| Disposal | - | - | |
| Charge foryear | 366 | - | |
| At31 July carried forwards | 13,086 | 12,720 | |
| NetBook Value | |||
| At31July | 1,466 | - |
Page 16
REGIUS SCHOOL
NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDING 31 JULY 2025
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|||||||||
|---|---|---|---|---|---|---|---|
|7|DEBTORS|2025|2024|
|£|£|
|Other Debtors|366|333|
|Prepayments|-|410|
|366|743|
|8|CREDITORS|2025|2024|
|due|in|less than|one|year|£|£|
|Bank|overdraft|-|#|
|Trade|creditors|381|95|
|Wages|and|pension|creditor|293|235|
|Other|creditors|873|526|
|Taxation|and|social|security|(2,316)|-|
|Accruals &|deferred|income|1,669|1,674|
|900|2,530|
|9|CREDITORS|2025|2024|
|due|in|greater|than|one|year|£|£|
|Other|creditors|-|-|
|10|MOVEMENTIN|FUNDS|Opening|Closing|
|Balance|Income|Expenditure|Transfers|Balance|
|2024/25|£|£|£|£|£|
|Restricted|Funds|
|Restricted|Funds|-|-|-|-|-|
|Unrestricted|Funds|
|General|funds|4,244|164,064|(141,592)|-|26,716|
|Total|Funds|2024/25|4,244|164,064|(141,592)|-|26,716|
|2023/24|comparative|
|Restricted|Funds|
|Restricted|Funds|-|-|-|-|-|
|Unrestricted|Funds|
|General|funds|6,245|134,994|(136,995)|-|4,244|
|Total Funds|2023/24|6,245|134,994|(136,995)|-|4,244|
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