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Annual Report For the year ended 31 December 2024

TABLE OF CONTENTS Board Chair Report ...................................

College Report ..........................................

WHOLE SCHOOL GOALS 2024 Whole School Goals Review .....................

Preparatory School Academic Report .....

Review of NCEA and Scholarship 2024 ....

OUR PEOPLE Board and Committees .............................

Our Staff ....................................................

Our Students .............................................

2024 Student Leavers ...............................

PUBLIC BENEFIT REPORT .....................

FINANCIALS St Andrew’s College Report .....................

Burnett Valley Farm Report .....................

Foundation Report ....................................

Old Collegians (Inc.) Report .....................

Parent Teachers Assoc. Report ...............

Group Financial Statements ....................

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BOARD CHAIR REPORT For the year ended 31 December 2024

The Board of Governors is pleased to report the College is flourishing from continued emphasis on student outcomes, providing an inclusive supportive environment, investment in facilities, and caring for the well-being of everyone . Financial Results The College (exluding the farm forestry) reports a net operating surplus of $1.29 million for the 2024 year, compared to a net operating deficit of $400,000 in 2023. This was significantly better than budget and largely due to unexpected capital donations of approximately $1.2 million. We successfully maintained a full roll throughout the year, while operating within budgeted expenditure. The College’s land and buildings were revalued in the 2024 year, four years following the previous revaluation. After taking this revaluation of approximately $75.2 million into account, the College made a comprehensive surplus of $76.5 million. The Group, which includes the College, the Burnett Valley farm and forestry, the Foundation, the Old Collegians Association and the Parent Teachers Association reports a net operating surplus of $10.8 million for the year, an increase on the net surplus of $1.7 million last year. The comprehensive surplus for the Group for the year, again including the $75.2 million revaluation of the College’s land and buildings was $86 million. The College continues to foster a philanthropic culture to grow the St Andrew’s College Foundation. In 2024 we were extremely grateful to receive a $6.6 million bequest from George Hight (and the total donations of $7.0 million). These gifts remain in the Foundation and, together with the net income and gains on the funds invested of $2.5 million, accounted for the large increase in the Group’s operating surplus for the year. As a result, the Foundation’s funds under management grew from $14 million to $23 million. This strengthens our capacity to ensure the College’s long-term financial health and supports the offering of scholarships to enable students to attend who may not have been able to do so otherwise, and reduce these costs to the College. Each year the Foundation makes a grant to the College to assist with the cost of scholarships that have long been an important part of the College’s commitment to supporting educational opportunities for young people. The Foundation gave $493,000 to the College in scholarship grants in 2024 which supported 20 students with diverse interests and talents enjoy our high‑quality educational offering. David Boyd continues to chair the Foundation. I thank him and the other Foundation Trustees for generously giving their time and expertise to oversee the wise stewardship of the funds held. The financial statements have been audited by BDO, endorsed by the Board’s Finance and Audit Committee, and subsequently approved by the full Board at its meeting on Thursday 15 May 2025. No issues were raised by BDO in respect of the audit, and they again complimented the efforts of the College’s Financial Controller, Richard Boon and his team. The Board also acknowledges the sound financial management and quality of reporting from the finance team.

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College Health

Capital Development

The school roll remains strong, with both the Preparatory School and Secondary School at capacity. We continue to receive more applications than places each year and operate a sizeable waiting list.

The stunning Ngā Toi Performing Arts Centre opened in May 2024 with the senior production Legally Blonde. We are delighted with the detail and size of the performing and learning spaces which include the Gough Family Theatre and the Fife Foundation Dance and Drama Studios. Ngā Toi also marked the first stage of implementing the College’s cultural integration plan to acknowledge mana whenua on our campus through the incorporation of key design features.

Over 98% of those sitting NCEA examinations at Levels 1 and 2, and 95.2% at Level 3, gained an achieved pass. 85.2% of students in Year 13 gained university entrance. Students attained an impressive number of 62 scholarships across 13 subjects. A number of other academic, sporting and cultural successes, many at regional and national level, added to a flourishing year. Twenty-three students achieved their Gold Duke of Edinburgh Award, the highest number out of any school in New Zealand. These awards involve a service requirement which speaks to our proud tradition of giving back to the community.

Retirement of our Rector The College’s Rector of 17 years, Christine Leighton, retired at the end of 2024 from a highly accomplished career in education. During her tenure the College has gone from strength to strength, marked by a firm focus on educational excellence, talent capabilities, community, and facilities development. The Board is grateful to Christine for her years of outstanding service, leading St Andrew’s College with inspiration, compassion, and unwavering dedication. After a robust recruitment process the Board appointed Mark Wilson as the new Rector of St Andrew’s College. Mark has a wealth of experience as an educator, leader, strategist, and communicator, most recently in Principal positions at Kristin College and Cashmere High School. Mark took up the position of Rector in January 2025. We are confident Mark will continue to build on the College’s strong foundations, and foster our long tradition of academic, sporting, and cultural excellence, as well as growing well‑rounded young people.

The capital spend to complete the Ngā Toi Performing Arts Centre, along with the Art’s Block toilet upgrade, power and water supply to the Alistair Sidey Mountain Lodge at the Kura Tawhiti Castle Hill Outdoor Education Centre, and minor equipment items was $5.3 million for the year. College debt decreased by $1.5 million over the year and ended the year at $12 million. Earthquake strengthening and upgrading of the Religious Education end of the Spiro Science and Mathematics Centre is the only major new building development currently planned. Future building needs will be identified and incorporated into the strategic planning process scheduled for 2025. This exercise will include a review of the College’s campus and facilities to make sure that they remain fit for purpose and, ideally, best in class for a New Zealand independent school.

Board Acknowledgement We thank Richard Holyoake who retired from the Board of Governors at the end of 2024. Richard thoughtfully shared his considerable skills and expertise while providing wise counsel and support during his 10-year tenure on the Board. We are committed to providing a first-rate learning environment where the best of the past is used as a firm foundation to guide the future. The Board acknowledges our College whakataukī ‘He waka eke noa’, we are all in this together. The College community, while wide and diverse, are all invested in nurturing our inspiring educational environment. And for this, we are grateful guardians.

Strategic Plan In the year ahead, the Board and the management team will undertake a comprehensive review of the College’s Strategic Plan. An important aspect of this process will be gaining insight from across our school community. We will use this insight to help shape the future direction the College.

Felicity Odlin Board Chair St Andrew’s Presbyterian College Board of Governors Inc.

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COLLEGE REPORT For the year ended 31 December 2024

The year of 2024 was once again a year packed with student achievement and success in sporting, cultural and academic endeavour. The college roll began with record numbers with each level full to capacity, and a year average of 1609 students. This year marked a continuation of the Strategic Plan, Framing our Future, with a focus on creating a world class learning environment which values innovation and creativity alongside tradition and knowledge. Alongside this educational vision sat our St Andrew’s values Truth, Excellence, Faith, Creativity and Inclusivity to be lived and recognised. The culture of St Andrew’s College in 2024 is evident through the achievements, supportive relationships, celebrations, and endeavours of all members in our community who made this a year to remember.

SCHOOL ROLL By the end of the school year, the average roll for 2024 was 1,150 in the Secondary School and 459 in the Preparatory School, with a total average of 1,609 students. The Pre-school average roll for 2024 was 44 children. Our total College roll numbers (1st July) have grown 10% from 1452 (2017) to 1597 (2022) and consolidated to 1609 in 2024. The Preparatory School grew 3.4% from 438 (2017) to 453 (2021) and consolidated to 459 in 2024. The Secondary School grew 14% from 1014 (2017) to 1155 (2023) and consolidated to 1150 in 2024. The ratio of girls in the College has grown steadily in recent years also from a 39% : 61% girl/boy ratio in 2017 to a 45% : 55% ratio in 2024.

ACADEMIC / NCEA We were delighted with our NCEA results with 98.7% pass rates at Level 1, 98.7% for Level 2 and 95.2% Level 3. Many ākonga achieved outstanding success with 226 Excellence Endorsements across Levels, 71 at Level 1, 90 at Level 2, and 65 at Level 3. A remarkable 62 NZQA scholarships were gained by 30 students from Years 11, 12 and 13, with eight of these at the Outstanding level. DUX of the College, Aaron Moore was successful in gaining an incredible six Scholarships (including one Outstanding) and Proxime Accessit, Megan Simpson and James Hart, Kobe Bayliss, and Yuzhou (Chantelle) Xiong, gaining five Scholarships, along with Bryan Cooper’s achieving four Scholarship passes. Aaron Moore also gained an ‘Outstanding Scholar Award’ from NZQA. This award is given to the top 55 scholarship students in the country.

NCEA Results Level 1 – 98.7%

Level 2 – 98.7%

Level 3 – 95.2%

Merit Endorsements Level 1 – 110

Level 2 – 80

Level 3 – 70

Excellence Endorsements Level 1 – 71

Level 2 – 90

Level 3 – 65

St Andrew’s College students continue to value the opportunities and support provided to achieve personal excellence in their studies and qualifications. A total of 78 university scholarships were awarded to 50 Year 13 students entering university in 2025, a number to overseas universities. Many students entered national and international competitions earning St Andrew’s a reputation for excelling in student academic achievement. In Informatics, two Year 11 students represented New Zealand at the European Girls’ Olympiad in Informatics (EGOI) in the Netherlands. In the New Zealand International Biology Olympiad, five students won a bronze award and five were New Zealand International Ethics Olympiad finalists. In Creative Writing, a Year 13 student won the New Zealand Schools’ Poetry Award with another Year 13 student achieving runner up. In the annual New Zealand ICAS awards, three students won gold medals in English, Science and Mathematics. The Year 8 and 9 team, representing New Zealand in the World Future Problem Solving competitions, came an impressive third place and the Year 8 Decathlon team won the New Zealand Da Vinci competition. It was impressive to see St Andrew’s representing our Academic learning on the world stage.

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Alumni Graduates The College received information of 194 St Andrew’s College Old Collegians who graduated from the University of Auckland (23), University of Canterbury (96), Lincoln University (31), University of Otago (32) and Victoria University of Wellington (12) in 2024.

STAFF 2024 saw 11 new permanent teaching staff join the College (eight in the Secondary School and three in the Preparatory School). Our staff numbers in FTE’s (Full Time Equivalents) have kept constant with 2023 even though there are always movements in staffing. Pre‑school and Preparatory were the same at 5.6 and 42.0 respectively, while Secondary tweaked up by 0.8 to 118.5, and Support tweaked down 1.4 to 57.9. The net movement was down 0.2 to 224.0 FTE’s. In 2024, two St Andrew’s College staff were recognised and celebrated; Rebecca Ball (Head of English) was awarded the Marily Scanlan Prize for Teaching Excellence in recognition of her advocacy and leadership of writing for publication within the secondary school, and Tom Matthews (Head of Guidance) was awarded a prestigious ISNZ Honour Award for Service to Counselling. Secondary teaching staff engaged with a range of professional learning, both within and beyond the College. Key areas of focus were: NCEA Level 1 change, Leadership Development through coaching, well-being and Visible Learning. A number of secondary staff also presented workshops at conferences.

SPORT

CULTURAL

St Andrew’s sports programme continues to be widely recognised as one which supports high performing and competitive teams alongside those who compete for enjoyment and personal development. Some teams and several individuals were recognised on the international stage. Remarkably 10 St Andrew’s teams gained top 3 placings in New Zealand in 2024.

With very strong senior students in music, drama, dance, pipe band and performance, 2024 was always going to be a year for some outstanding events.

Basketball

– Girls’ Senior A, NZSS, 2nd place

Flag Football

– Years 7–8 team, NZ NFL Championship, 1st place

Football

– Girls’ 1st XI, NZSS, 3rd place

Futsal

– Senior A Girls, NZSS, 1st place

Rowing

– Girls’ U16 8+, Maadi Regatta, 1st place

Rowing

– Boys’ U16 4+, Maadi Regatta, 1st place

Rowing

– Boys’ U18 4+, Maadi Regatta, 2nd place

Touch

– Mixed Senior A, NZSS, 2nd place

Tennis

– Mixed Senior A, NZSS, 2nd place

Volleyball

– Girls’ Senior A, NZSS, 3rd place

A group of 21 students gained New Zealand representative honours across various sports, and a number of leavers won sports scholarships to international universities including basketball, football and rowing. Participation levels in sport are strong across the College with 94% of Preparatory students and 88% of Secondary students being involved. The development of the Sports Framework continued with promotion of the Balance is Better approach and student commitment to whanaungatanga, rangatiratanga, kia māia, and whai wāhi. The commitment to “The Thistle” and to the character values of respect, responsibility, courage and engagement saw our sports teams competing with dignity, humility and inclusivity.

In music, the College symphony orchestra, jazz bands, choirs and rock bands were all strong competing in a number of festivals and events. A number of chamber groups competed in the NZCT Chamber Music contest and the New Zealand overall winner of the Original Composition competition was Sea-am Thompson (Year 13). The orchestra impressed audiences on a number of occasions with the skill and musicality of the 80 students involved. The jazz bands continued to ‘wow’ audiences and rock bands played with enthusiasm and confidence with E.C.H.O. being a national finalist in the Battle of the Bands. St Andrew’s College had finalists in Play It Strange and Peace Song Writing competitions, and the Preparatory and Secondary School choirs sang in a number of events including chapels, assemblies, concerts and competitions. The pipe band boasted the largest ever student numbers and featured A, B, and C bands. The A band competed in Auckland and were once again champions of the Juvenile grade with five students in the National Youth band. In ballet and highland dance, dancers featured as winners of national awards. Our debating teams won both the Junior and Senior Regional Canterbury Secondary Schools’ competition. The Pasifika group once again performed in the Christchurch Polyfest and with new Te Reo Māori teacher, Wiremu Pickering, and the kapa haka gained in strength and confidence. They took leadership roles at the Mihi Whakatau at the ISNZ (Independent

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Schools of New Zealand) conference, the Rector’s final farewell assembly and the College Prizegiving end of year ceremony. In the Ngā Manu Korero competition, Metua Cranwell (Year 11) achieved third place in the Impromptu speaking.

there were well attended regional gatherings in Dunedin and Wellington. The annual 1st XV rugby reunion was a great day and time for reminiscing with the 1st XV fixture that day being played against St Bede’s College.

A number of productions and cultural celebrations were enjoyed in the new Gough Family Theatre. The Senior production Legally Blonde was the perfect showcase for the talented cast and orchestra; the Preparatory School production The Aurora Stone, written by and featuring all Year 8 students, was a delight and the Middle School production Once Upon a Mattress showcased the enthusiasm, talents and impressive energy of Year 9 and 10 performers and orchestra.

The Leavers’ Dinner at Te Pae Christchurch Convention Centre was a celebration and farewell to a year group who experienced tragedy with the loss of Lucca Gibbons, a very sad and difficult time for all. The year group’s spirit and support of each other was evident at this time as was their appreciation of each other’s talents and strengths. The student performances were outstanding, as was the Leavers’ Address from Dara Ballard.

StAC Attack once again delighted pipe band supporters with their disciplined and impressive display of piping and drumming alongside a number of talented highland dancers. Dance Revue also showcased the student lead co-curricular dance programme featuring Contemporary, Ballet, Hip Hop, Jazz and Musical Theatre. The year ended with Dr Carolyn Cairns’ ballet production of the wonderful The Nutcracker Ballet featuring over 120 students from the Ballet Academy. The highland dance students delivered a delightful production of A Highland Fairy Tale under the direction of their Director, Julie Hawke.

Duke of Edinburgh’s Hillary Award One Year 12 student, 21 Year 13 students and one Old Collegian earned their Gold Duke of Edinburgh’s Hillary Award. Fifteen students gained New Zealand representative honours in cultural pursuits. These national awards represent an outstanding level of commitment from the students involved.

The Gough Family Theatre and Ngā Toi Opening The opening of the new 265 seat theatre and performing arts centre for dance and drama was a highlight. The opening coincided with the opening night of the 2024 senior production Legally Blonde and was a celebration of a complex and impressive build. Architect Tony Hoare from Wilkie + Bruce and the design team have created a fabulous new home for drama, dance and performance which was well used in the months following the opening in May. The Fife Dance and Drama Studios are a wonderful addition to teaching spaces of drama, ballet and highland dance along with contemporary dance co-curricular.

PRIZEGIVING CEREMONY The 2024 College Prizegiving, held at the Christchurch Arena, was the culmination of the year’s effort from classroom teachers, co‑curricular tutors and coaches, guidance and support staff. Top academic awards were presented to College:

Dux: Aaron Moore CALENDAR EVENTS As usual the many events which brought the school together developed our sense of belonging and community. The usual Secondary School assemblies showcased student honour and talent with Leadership, Academic, Founders’ Day, Prefects’, Boarders’, Cultural and Well-being providing plenty of entertainment and opportunities for student voice. The Prefects’ assembly with the theme ‘Survivor’ was a highlight with plenty of audience participation. A special gathering of Year 5–10 students celebrated the outstanding success of Olivia Brett (OC 2019) in winning a gold medal at the Paris Olympics in K4-500 event. The Year 11 Semi-formal at Riccarton Racecourse and the Senior College formal held at Te Pae Christchurch Convention Centre, were much anticipated and enjoyable events for all. Athletics sports, highland games, swimming sports, cross country were all held with some impressive performances and the Preparatory School Book Week with the annual book character dress up was a trip down memory lane for many and source of great excitement. Nine Old Collegians events were held throughout the year including 10, 30, 40, 50 and 60 Years On reunions. Gentlemen’s Annual Luncheon also combined with 70 and 75 Years On and

Joint Proxime Accessit:

Megan Simpson

Preparatory School Dux:

Cong (Zilong) Chen

Preparatory School Proxime Accessit: Emmett Lawler The programme featured items from the Preparatory School kapa haka; pipe band with solo piper Lucas Paterson and highland dancers; senior choir, Staccoro; jazz band Jingle Bells; orchestra William Fell Overture; ballet item from The Nutcracker and the Finale Viva la Vida by Coldplay. Every item was stunning and put together to wow the crowd, from the stirring swirl of the pipes, to the joyous entertainment from the jazz band, the gracious ‘snowflakes’ and ‘angles’ from The Nutcracker to the astounding polished and accomplished performance from the 80 strong orchestra. But the ‘icing on the cake’ had to be the stunning arrangement of Coldplay’s piece combining classical musician, soloists, orchestra, choir and percussion band. Featuring Xanthe Pearce, Chantelle Xiong and Hugo Ranken (Year 13 students), the crowd of over 3,000 were treated to something very special indeed! The prizegiving also featured Christine Leighton’s official farewell from Board Chair Felicity Odlin which included the

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presentation of the St Andrew’s College Korawai and a magnificent greenstone mere as a gift to Christine from the College in recognition of her inspiring leadership over 17 years. As a final mark of respect and recognition, with a standing ovation the College performed the school haka which resounded powerfully across the arena.

SPECIAL CHARACTER AND COMMUNITY SERVICE In 2024 students and our community enjoyed several Sunday and special services in the Centennial Chapel including our Annual ANZAC and Christmas Eve services. All students in the Secondary School participated in community service activities as did the young students. The St Andrew’s continued partnership with So They Can resulted in a donation of $37,875 for 2024. A number of other charities and local organisations were also beneficiaries of the students’ fundraising efforts with a total of $14,345 gifted to various charities.

FOUNDATION 2024 investing across the global markets proved to be a favourable environment, with the fund also benefitting from a softening of the NZD, providing a Foreign Exchange gain. The net return was 14.3% compared to 11.0% for 2023. The Foundation also received a substantial bequest from George Hight resulting in total donations received of $7.0 million. A valuation of the Foundation portfolio at the end of 2024 revealed a 64% increase, amounting to $7.48 million taking the total portfolio value to $23.2 million, compared to $14.16 million at the end of 2023. Such growth reflects the effectiveness of the Foundation’s investment strategies and prudent financial management, as well of course the generosity of our benefactors.

CONCLUSION

Alongside all the student events the St Andrew’s community continued to support the College in various ways. Parents gave time to support cultural and sports teams and events in fundraising, sponsorship, and logistics; and the PTA once again ran the second hand shop earning funds which were donated to the College, largely in support of the new theatre. The Foundation, Ladies’ Circle, Old Collegians’ Association, Strowan Club and other donors gave generous support to College initiatives.

Alongside a busy and successful student experience and achievement programme, the College continued to develop and meet business strategy and goals. In maintaining a strong financial position St Andrew’s College is well poised to develop a new strategic plan moving forward in order to continue to meet the needs of a school community within a national and global educational network which is responsive to constantly evolving opportunities and challenges.

This year the bi-annual Black and Bling Ball was well supported by the parent community with funds raised to support hockey and netball.

We acknowledge the staff’s expertise, hard work, guidance and care which are fundamental to the student’s success. An environment of stong leadership, continuous improvement and collaboration among our staff results in so many aligned positive outcomes.

DEVELOPMENT Throughout 2024 the Development Office focussed on the final raising of funds for the Ngā Toi Performing Arts Centre and Gough Family Theatre and continued support for student scholarships. The total raised for these initiatives in 2024 was $8,575,494 with funds directed either to specific projects or scholarships through the Foundation. Over $6.6 million of this resulted from the generous George Feilding Hight Bequest. Other support was given through the sponsorship programme or group fundraisers. The 2024 Year 13 Leavers’ gift recognising the values of the of the ‘Balance is Better’ sports framework, the Ngā Toi Performing Arts Centre and Gough Family Theatre and a number of sports, cultural and academic scholarships or financial assistance are tangible benefits to our college community. A highlight of the year was the Grand Opening of the Ngā Toi Performing Arts Centre, including the Gough Family Theatre and Fife Dance and Drama Studios in May. This magnificent new facility is a fitting home for St Andrew’s College impressive Drama, Dance, Music and performance programmes and is the final phase of the strategic facility development over the last six years. Ben and Pen Gough, Gina and Marten Satterthwaite, John and Alison Westgarth, the Old Collegians’ Association and the PTA, plus the many other donors have made this dream a reality for current and future students to enjoy.

Prefects and other student leaders encouraged others with their theme “All for One, One for All”. Once again a positive and supportive culture permeated the campus and was evident at the many student events. The service and support of the Board of Governors remained strong, visible and consistent. Board Chair Felicity Odlin led the Board with courage, conviction and energy, always supporting student activities. Stephen Higgs and the PTA, Sam Crosbie and the OCA, Pat Hopping and the Ladies’ Circle, and David Boyd and the Foundation, along with parent and Old Collegian communities have continued to be engaged and supportive in all that we do. Our strength is in our collective. He waka eke noa.

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WHOLE SCHOOL GOALS 2024 The 23 whole school goals for 2024 were well met and key outcomes are detailed here.

• Further development of the Sports Framework ‘Balance is Better’ with the introduction of Thistle Good Sorts Awards, visual designs around campus, and student leader reflective presentations at assembly regarding values of the Thistle; • A new Well-being programme developed Year 12 leadership and character strengths for all students. Feedback was sought, documented and response developed following staff and student ‘Ask your Teams’ surveys; • Te Ao Māori strategy developed a clearer picture of current practice across the College; • Strengthening of Literacy and Numeracy in Junior School from current research and approaches. At risk students were identified and assisted through collection of data and targeted programmes; • Staff developed deeper understanding of developments in technology and guidance was provided for students in the emerging challenges and opportunities; • Significant developments in Health and Safety – risk identification and management implementation of ‘Safety Seek’ software, EOTC documentation and consistency improved; • Robust and effective leadership training and development for middle management and senior leaders; • A total of $$37,875 donated to So They Can in 2024 from student initiatives and the Development office; • Sustainability goals met through Castle Hill water improvements, Kamo Marsh Landscaping, St Andrew’s nursery project, environmental leadership in waste disposal and recycling; • Ngā Toi and Gough Family Theatre completion and opening with Theatre at start of Term 2 and employment of new Theatre Operations Manager; • Te Ao Māori Integration into landscaping and building design with visible celebration of Matauranga Māori; • Development and implementation of a new College website; • Increased cyber safety awareness and improved risk management; • Progress on Digital Transformation strategy.

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PREPARATORY SCHOOL ACADEMIC REPORT

The Preparatory School is committed to enhancing strategies and skills for learning. Advancement in Literacy and Numeracy continued during the year, as did the children’s ongoing development of strategies and tools for learning. The students performed well against national benchmarks.

For the year ended 31 December 2024

The Preparatory School continues to be acknowledged and recognised as a showcase and working example of what a 21st century learning environment looks like.

Academic Achievements in 2024:

94.5%

93.0%

READING

90.0%

Children at or above national averages

MATHEMATICS

94.5%

Children at or above national averages

WRITING Children at or above national averages

KEY COMPETENCIES Children within or above their year level standard

Preparatory School results against National Benchmarking: READING

Year 1

Year 2

Year 3

Year 4

Above At Below Well below

—

70%

98%

60%

69%

—

11%

40%

29%

—

19%

—

WRITING

Year 1

Year 2

Year 3

Year 4

Above At Below Well below

MATHEMATICS Above At Below Well below

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Year 6

Year 7

Year 8

AVERAGE

45%

66%

64.2%

48%

27%

30.1%

5.2%

—

0.5%

Year 5

Year 6

Year 7

Year 8

AVERAGE

Year 5

—

38%

20%

33%

21%

40%

24%

100%

86%

76%

62%

78%

60%

67%

40%

66%

—

19%

—

17%

—

Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

AVERAGE

—

17%

55%

31%

36%

33%

59%

35.3%

100%

89%

83%

45%

69%

58%

54%

28%

57.8%

—

13%

5.8%

—

1.2%

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NCEA AND SCHOLARSHIP RESULTS 2024

Our 2024 NCEA results included a total of 226 Excellence endorsements and 260 Merit endorsements, as well as 62 NZQA Scholarships, eight of which were Outstanding Scholarships. At Level 1, students gained 71 Excellence endorsements, at Level 2, 90 Excellence endorsements, and at Level 3, 65 Excellence endorsements. High academic achievement is celebrated at the College with students striving to achieve NCEA Excellence endorsements, Merit endorsements, and College premier academic awards. A good number of students are also recognised for their performance in national and international competitions. We also celebrate the personal achevements of all students, for instance our Academic Improvement Award which honours those students with the greatest academic rank improvement over a period of time. Staff are working intensively towards the achievement of our target of all students completing each year of study having achieved the relevant NCEA Level certificate. The College has very effective processes for monitoring and tracking student progress and achievement, such as individual student monitoring and extensive tracking of student achievement throughout all year groups.

NCEA Pass Rates

98.7% LEVEL 1

98.7% LEVEL 2

95.2%

Level 1 In 2024, the College’s Level 1 pass rate was 98.7% and 52.8% better than the national figure. 47.4% of students gained a Merit endorsement (19.2% higher than schools nationally), and 29.1% gained Excellence (17.9% higher than schools nationally). The Excellence endorsement outcome was 71, short of the challenging target established at the beginning of the year of 75.

Level 2 At Level 2, the pass rate was 98.7%, slightly down on the 2023 figure of 99.1% and 25.1% better than the national figure. 32.6% of students gained a Merit endorsement (8.1% higher than schools nationally), and 33.5% gained Excellence (18% higher than schools nationally). The Excellence endorsement outcome was 15 higher than the target established at the beginning of the year of 75.

LEVEL 3

Level 3 At Level 3, the pass rate was 95.2%, 3.4% down on the 2023 figure and 25.8% better than the national figure. 33.7% of these students gained a Merit endorsement (8% higher than schools nationally), and 29.6% gained an Excellence endorsement (15.5% higher than schools nationally). The Excellence endorsement outcome was 5 higher than the target established at the beginning of the year of 60. This view includes only those students who entered sufficient credits to gain the qualification.

University Entrance 85.2% of our Year 13 students gained University Entrance compared with 50.6% in schools nationally.

Scholarships Our students achieved an excellent 62 Scholarship passes in this premier assessment, including eight Outstanding awards in English, History, Physics, and Digitech.

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Aca d emic Re sults

NCEA Level 1 % Achieved and ratio of Endorsements

University Entrance % Achieved

2022

2023

2024

Achieved Achieved

99.5 77.2

100 74.8

99.1 70.2

99.6 66.1

98.7 61.2

StAC Canterbury

% Endorsed % Endorsed

84.1 57.4

81.5 54.5

76.1 52.7

68.7 49.7

76.5 43.4

StAC % Excellence Canterbury % Excellence

45.2 22.6

36.9 20.7

42.6 19.5

33.5 17.4

29.1 11.9

2020

2021

2022

2023

2024

StAC Canterbury

Achieved Achieved

100.0 84.6

98.7 83.2

100 80.7

99.1 79.0

98.7 78.6

StAC Canterbury

% Endorsed % Endorsed

72.3 43.1

65.9 40.8

70.6 43.2

67.9 39.3

66.1 41.1

StAC % Excellence Canterbury % Excellence

39.3 18.6

36.7 16.4

37.7 17.6

37.0 15.7

33.5 15.3

2020

2021

2022

2023

2024

NCEA Level 3 % Achieved and ratio of Endorsements

2021

StAC Canterbury

NCEA Level 2 % Achieved and ratio of Endorsements

2020

StAC Canterbury

Achieved Achieved

98.0 73.9

99.0 72.8

98.0 74.0

98.6 71.7

95.2 74.0

StAC Canterbury

% Endorsed % Endorsed

63.4 43.4

61.7 39.2

65.9 40.7

55.8 39.0

63.3 39.4

StAC % Excellence Canterbury % Excellence

34.5 16.8

26.4 13.9

35.2 14.5

23.9 12.7

29.6 12.7

2020

2021

2022

2023

2024

89.1 58.2

95.1 54.3

87.7 56.7

88.9 54.8

85.2 56.2

StAC Canterbury

Achieved Achieved

The Achieved percentages are those of the students participating in the NCEA or University Entrance programme. The percentages of Endorsed and Excellence are the ratios of those students who achieved the NCEA level. Endorsed means Excellence and Merit endorsements together. This is the standard format provided by NZQA and used by schools generally when reporting the results. Please note that there are no longer any Declile level reports available.

ST AND REW’S CO L L EG E

100

0 2020

2021

2022

2023

2024

2020

NCEA LEVEL 1

100

0 2021

2022

2023

2022

2023

2024

NCEA LEVEL 2

100

2020

2021

2024

2020

NCEA LEVEL 3

2021

2022

2023

2024

UNIVERSITY ENTRANCE

StAC

Achieved

StAC

% Endorsed

StAC

% Excellence

StAC

% UE

Canterbury

Achieved

Canterbury

% Endorsed

Canterbury

% Excellence

Canterbury

% UE

A n n u a l Re p o r t f o r t h e y e a r e n d e d 3 1 D e c e m b e r 2 0 2 4

Gover nance

OUR PEOPLE For the year ended 31 December 2024

The Board of Governors BOARD MEMBERS Board appointed Felicity Odlin Chair Richard Holyoake Jamie-Lee Tuuta

Financial Manager Business Director Barrister

Parent nominees Rob Woodgate Peter Armstrong Alan Merry

CFO CEO CEO

Alpine Presbytery nominee Peter Nelson

Managing Director

Staff nominee Nick Letham Deputy Chair

Law Partner

Old Collegians’ nominee Stephanie Bain

Rector Christine Leighton

People and Culture Consultant / Director

Rector

BOARD SECRETARY Justine Scott

ST AND REW’S CO L L EG E

College People and Business Manager

Foundation Board of Trustees Chair Members

David Boyd Richard Smith Matthew Lancaster Gordon MacLeod Mark Mulholland Tom Stanley

Board Committees Finance and Audit (FAC) Chair Members

Rob Woodgate Richard Boon Christine Leighton Peter Nelson Felicity Odlin

Board Financial Controller Rector Board Board Chair

Health and Safety Board Sub-committee Chair Members

Art Preuss Peter Armstrong Christine Leighton Alan Merry Justine Scott

Health and Safety Manager Board Rector Board People and Business Manager

Remuneration and Nominations (RNC) Chair Members

Nick Letham Richard Holyoake Felicity Odlin

Deputy Board Chair

Board Board Chair

College Disciplinary (CDC) Chair

Felicity Odlin

Board Chair

Plus two other Board Members appointed by the Board at the time.

A n n u a l Re p o r t f o r t h e y e a r e n d e d 3 1 D e c e m b e r 2 0 2 4

OUR STAFF

Staff changes during the year.

For the year ended 31 December 2024

NEW STAFF 2024 Teaching Staff – Secondary Head of Modern Languages and French Teacher Fiona Taylor Christa Jellyman Health and Physical Education Teacher Stacey Williams Social Sciences Teacher Wiremu Pickering Teacher in Charge of Te Reo Māori Nicola Proffit Head of Social Sciences Hayley George English Teacher Chynae Rigter Mathematics Teacher Wilj Dekkers Digilit Teacher, E-learning and Innovation Teaching Staff – Preparatory Preparatory School Teacher Sophie Martin Annabel Morris Preparatory School Teacher Philippa Becker Religious Education and Preparatory School Teacher Support Staff Jean Wilson Steph Sparrow Kelly Gorrie Chanel Fowler Marissa Buchanan Jared Paalvast Thomas Pinkham Dan Cunningham Camryn Parkes Clare Latimer Miriam Poh Stuart Lloyd-Harris Selena Woolford

MacGibbon Boarding House Assistant Manager Guidance Counsellor Communications Department Administrator Communications Department Administrator Laundry Assistant ICT Helpdesk Administrator ICT Helpdesk Administrator Outdoor Education Instructor Outdoor Education Instructor Student Counsellor Student Counsellor Theatre Operations Manager Sewing Assistant

ON MATERNITY LEAVE Hannah Gallagher Bid Constanti Tegan Dunne

English Teacher Preparatory School Teacher Attendance Officer

ON SPECIAL LEAVE Bronwyn Radcliffe

Secondary School Teacher

STAFF ROLE CHANGES James Jenkinson Rebecca Ball Clare Register Ash James Isaac Leota Rocio Robles Lisa Laughlin

ST AND REW’S CO L L EG E

Year 9 Dean Head of English Head of Health and PE Assistant Head of Health and PE Head of Prep Physical Education / PE Specialist Digital Marketing Co-ordinator Attendance Officer

RESIGNATIONS DURING 2024 Teaching Staff – Secondary English Teacher Linda Garden Conrad Wing Mathematics Teacher Jo Andrew Commerce / Mathematics / Social Studies Teacher Biology and Science Teacher Heidi McIlroy Stacey Williams Social Sciences Teacher Heidi Koning Health and Physical Education Teacher Christa Jellyman Health and Physical Education Teacher Nicole Kilbride English Teacher Ian Morrison Teacher in Charge of Travel and Tourism Christopher Dickson Social Sciences Teacher Teaching Staff – Preparatory Preparatory School Teacher Annabella Kerr Aimee Phillips Preparatory School PE Specialist Support Staff Annelise Thompson Kelly Gorrie Ian Robinson Guy Williams Stacey Reilly Christine van Duinen Yu Kai Lim Liga Davids Aaron Hall Krystyna Kavanagh Sienna Casbolt

Digital Marketing Co-ordinator Communications Department Administrator Rugby Development Officer and Rugby Performance Analyst Director of Rowing Laundry Assistant Kitchen Assistant ICT Helpdesk Administrator Guidance Counsellor Student Counsellor Guidance Counsellor Outdoor Education Instructor

RETIREMENT Christine Leighton Bryan Botting

Rector Music Teacher

2024 PRESIDENT ROLES Old Collegians Association President

Sam Crosbie Parent Teacher Association President

Stephen Higgs Ladies’ Circle President

Pat Hopping

A n n u a l Re p o r t f o r t h e y e a r e n d e d 3 1 D e c e m b e r 2 0 2 4

S tud ent Roll

OUR STUDENTS

Student roll numbers as at 1 July 2024, MOE Returns.

For the year ended 31 December 2024

Student Numbers

Total Boys

1800

Secondary Boys

1600

Preparatory Boys

Total Girls

1400 1200

Secondary Girls

1000

Preparatory Girls

800 600

Total Students Total Secondary Total Preparatory

PREPARATORY

400 200

BOYS GIRLS

2017

2018

2019

2020

2021

2022

2023

2024

222 216

220 213

225 216

234 210

238 215

234 219

227 224

221 238

48% 52%

438 433 441 444 453 453 451 459 BOYS 658 664 663 681 685 699 694 665 58% GIRLS 356 367 386 409 438 445 461 485 42% TOTAL

SECONDARY

WHOLE COLLEGE

TOTAL 1014 1031 1049 1090 1123 1144 1155 1150 BOYS 880 884 888 915 923 933 921 886 55% GIRLS 572 580 602 619 653 664 685 723 45% TOTAL

ST AND REW’S CO L L EG E

1452

1464

1490

1534

1576

1597

1606

1609

Student Staff Ratio

12 10 8 6 Pre-school

Preparatory School

Secondary School Total College

2017

2018

2019

2020

2021

2022

2023

2024

PRE-SCHOOL RATIO

8.3

8.0

8.1

7.9

9.0

9.1

8.4

7.8

PREPARATORY RATIO

11.8

11.2

11.5

11.1

10.7

10.9

SECONDARY RATIO

9.0

9.2

9.4

9.5

9.8

9.7

TOTAL COLLEGE RATIO

7.4

7.5

7.4

7.6

7.7

7.5

7.4

2017

2018

2019

2020

2021

2022

2023

2024

OTHER STAFF

5.2 37.0 112.5 48.2

5.5 38.7 112.0 48.9

5.7 39.4 111.7 55.9

5.7 39.6 114.3 54.7

5.7 39.4 114.8 55.2

5.7 40.7 116.4 58.1

5.6 42.0 117.3 59.3

5.6 42.0 118.5 57.9

TOTAL STAFF (FTE’S)

202.9

205.1

212.7

214.3

215.1

220.9

224.2

224.0

250

Staff FTE

200

150

100

Pre-school Staff Preparatory School Staff Secondary School Staff

Other Staff Total Staff

PRE-SCHOOL STAFF PREPARATORY STAFF SECONDARY STAFF

A n n u a l Re p o r t f o r t h e y e a r e n d e d 3 1 D e c e m b e r 2 0 2 4

S tud ents

2024 STUDENT LEAVERS

210 Year 13 and 23 Year 12 students moved on from secondary education in 2024.

152

Year 13 students went on to university

Lincoln University (14) Massey University (3) Not decided which university (9) Overseas University (10) University of Auckland (11) University of Canterbury (62) University of Otago (31) Victoria University of Wellington (12)

Students made other choices

Apprenticeship (12) Employment (16) Gap Year (15) New Zealand Defence Force (1) Polytechnic (15) Private Training Establishment (10) Returning overseas (3) Transferring to another school (4) Undecided (5)

ST AND REW’S CO L L EG E

PUBLIC BENEFIT REPORT For the year ended 31 December 2024

The purpose of this Public Benefit Report is to show how St Andrew’s College engages with the wider community and fully encourages access to its education and resources. This report, read in conjunction with the Annual Report, adds information about activities of a non-financial nature. The College is a registered charity (CC22462) and the charitable objectives relevant to this report include: • to provide a school or schools with facilities and atmosphere to promote sound learning and foster the development of life and character based on the Presbyterian tradition; • to accept contributions, collections, donations, legacies, devices, gifts, grants, and subsidies The beneficiaries of the College’s constitution include students, parents, staff, Old Collegians, and such other charitable purpose as the Presbytery of Christchurch shall direct. St Andrew’s College is also supported through financial grants from the St Andrew’s College Foundation from time to time. The College is committed to providing access to its educational programme and encourages applications from all sectors of the community. A range of scholarships and bursaries are available from the College, including academic, music, sporting, cultural, and boarding scholarships. The George Feilding Hight Scholarship, Endeavour Scholarships, and other bursaries are also available for students who, in the opinion of the Rector of St Andrew’s College, would be precluded from attending the College because of financial constraints.

STRATEGIC PLANNING FOR THE FUTURE The College remains firmly committed to a sustainable future, underpinned by both short- and long-term strategic planning. Our 2019–2023 strategic direction document, Framing Our Future, continues to guide us through to the end of 2024. This framework outlines six key strategic priorities: High Performance, Opportunity, Partnership and Social Responsibility, Celebration and Community, Well-being, and Place and Space. These priorities continue to shape our direction, ensuring that every student can complete their schooling having experienced personal success. We aim to inspire students to take the next steps in their learning journey with confidence, self-awareness, compassion, and care, while remaining connected to global responsibility and committed to building a better future for all. Our founding values remain the cornerstone of our identity, inspiring trust and confidence through consistent action and a culture of continuous improvement. Our core values of Truth, Excellence, Faith, Creativity and Inclusivity, reflect our evolving community and aspirations. Our vision is for every student to thrive at the leading edge of high-performance educational practice, within a community that values care for others, tradition, and creativity. We are dedicated to equipping young people with both the roots and the wings to flourish in an ever-changing world.

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Pub l i c Be nefit Report

COMMUNITY SERVICE PROGRAMMES AND STUDENTS HELPING OTHERS The College remains committed to cultivating purposeful partnerships, both locally and globally, which create unique opportunities for learning and foster civic engagement and social responsibility. Each year, St Andrew’s continues to strengthen and expand long-term relationships across global, national, and local contexts. These partnerships are designed to enrich academic and service experiences, promote collaborative learning, and deepen our engagement with community service and non-profit organisations. Through these connections, we empower students to engage meaningfully with the world around them, reinforcing our strategic priorities of Partnership and Social Responsibility and preparing them to contribute thoughtfully to a better future. The College has comprehensive programmes in place to support these objectives. Part of the Senior College philosophy is ‘developing social responsibility’. Every student in the Senior College completes a set number of community service hours to receive their Bronze, Silver, or Gold Community Service Award. In 2024, Senior College students performed approximately 5627 hours of community service. St Andrew’s College students were involved in a range of community and service activities throughout 2024, in support of both the College and the wider community, including the College’s partnership with So They Can, a not-for-profit organisation which helps disadvantaged students, teachers, and families in povertystricken regions in Africa. In 2024 a total of $37,875 was donated to So They Can, to support Mwikantsi School in Tanzania and part of our Memorandum of Understanding. Community Service Leaders ran student theme days raising money to support a number of charities and Secondary School tutor groups ran initiatives to support Big Brothers Big Sisters of Christchurch, Cancer Society, CanTeen, Full Bellies Charitable Trust, Lifeline, Multiple Sclerosis Society, SPCA, Variety International, West Christchurch Women’s Refuge and World Vision, totalling $3,142. Offerings from chapel services collected $780 for Breast Cancer Foundation, SPCA, Christchurch City Mission and World Vision. The total raised for So They Can through donations and chapel offering during 2024 was $13,673. Then at the end of the year, for Christmas, staff, and students from across all year levels donated gifts to the Christchurch City Mission.

Castle Hill Outdoor Education Centre Pest Control projects continue with wasp and stoat control in conjunction with Craigieburn Wasp Wipeout and the Craigieburn Trapping Alliance. Students contribute to wilding pine control work. Fire and Emergency and the Castle Hill Crisis Response team have access and a shared resource agreement regarding generators, satellite phone, firefighting equipment, and accommodation in an emergency. LandSAR and EONZ access the lodge and facilities as a training and meeting venue at a significantly reduced rate as recognition of their services to the public and the Outdoor Education sector.

ST AND REW’S CO L L EG E

Community and public lodge leasing is increasing, with the lodge being used as headquarters to host groups such as Lincoln University, recreational cycling and running events, family reunions, etc.

Build Ōtautahi Year 9 and 10 students led the Build Ōtautahi event at the 2024 Innovation Expo at Te Pae Christchurch Convention Centre. The programme involved 240 younger students in a Minecraft Education build competition. Student leaders acted as judges, shout casters, tech support, and game managers.

Fountain of Peace New Zealand Amelia Cody and Piper Stone (both Year 10) were Student Ambassadors for Fountain of Peace New Zealand, a charity supporting children in Uganda. In September, they organised a fundraising event to raise funds for the care of orphaned babies at the Fountain of Peace, Bethel Babies Home.

Gumboot Friday Many students across the College traded in their black school shoes for a pair of gumboots on Gumboot Friday, which was run in association with the Secondary School Boarders’ Assembly, to raise money for the I Am Hope Foundation, which provides financial assistance to young people requiring support with their mental health.

Prefect Community Service Day The prefects went to Jellie Park to help Pītau-Allenvale School with their swimming sports. Some of the prefects jumped in the pool with the students, others timed the races, and everyone provided lots of great encouragement and support.

So They Can Leadership Conference and Fundraising A group of 27 students from St Andrew’s and Christ’s College attended the Leadership Hub Conference run by So They Can, learning about the charity’s work supporting girls’ education in East Africa. Inspired by the event, the 2024 Community Service team set a bold goal to raise $18,000 through the ‘One Human Race’ fundraiser, and surpassed it, raising over $20,000 with strong community support.

World Vision Samuel Ferguson (Year 13) was one of the top ten fundraisers in the South Island during World Vision’s 40-Hour Challenge and was named a 2025 Advocacy Ambassador for his leadership and advocacy. Madeline Davidson (Year 12) earned a place at the 2025 World Vision Leaders for Change summit, where she’ll join 35 students for four days of global education and leadership training.

10ACEE Sustainability As part of their Sustainable Development Goals (SDGs) initiative, two 10ACEE student groups delivered four cartons of fresh vegetables and a carton of muffins to St Ambrose Church in November, with the vegetables all grown on campus.

Year 10 Duke of Edinburgh Environmental Initiative Every Monday during Term 3, Year 10 classes assisted with the repotting of native plant seedlings to contribute to the College’s sustainability goals via the Eco Action Project, as well as meet their Duke of Edinburgh service requirements.

Year 9 Charity Challenge Year 9 Dean, James Jenkinson, introduced the Charity Challenge in 2024, with each tutor group given $10.00 and tasked with turning it into as much money as possible, with the final amount to be donated to a good cause. The key was finding cheap resources that could be turned into products with a good profit margin. Ideas included turning horseshoes into various products, making lemonade concentrate, and large chocolate cookies. By the end of the year, students raised $1050, which they donated to Multiple Sclerosis New Zealand.

EYES ON THE WORLD – CREATING GLOBAL CONNECTIONS The exchange programme at St Andrew’s College continues to flourish in 2024, offering students in Years 10–13 exciting opportunities to study abroad in Australia, Canada, Scotland, and England. A newly introduced exchange to Barker College in North Sydney has been met with enthusiasm, attracting a strong number of applicants among Year 10 students. The well-established exchange with Presbyterian Ladies College (PLC) Sydney remains a popular choice for Year 10 girls. Both groups eagerly anticipate their four-week immersion experience, living with host families, attending local schools, and embracing the diverse aspects of Australian culture. Upon returning to New Zealand, they will welcome their exchange partners, showcasing Canterbury and other regions. This year, the College has also had the privilege of an exchange with Gordonstoun School and looks forward to hosting a student from Strathallan School. Looking ahead, students in Years 11 and 12 will have the chance to participate in exchanges to Scotland, Canada, and England, scheduled to take place in 2025. Additionally, we celebrate the success of two students selected for the prestigious Robert Burns Scholarship trip to Scotland. During this incredible opportunity, they will visit six independent high schools, immerse themselves in Scottish culture, share insights from New Zealand, and forge lasting connections for themselves and the College. For the past 18 years, St Andrew’s College has donated its end-of-life IT equipment to the St Vincent de Paul Society (SVDP). What began with just computers, keyboards, mice, and screens has grown into a regular initiative, with the ICT Department

A n n u a l Re p o r t f o r t h e y e a r e n d e d 3 1 D e c e m b e r 2 0 2 4

Pub l i c Be nefit Report

collecting a wide range of computer-related items each holiday period. These are then recycled, refurbished, and repurposed by SVDP, finding new life in low-decile schools and churches across New Zealand and the Pacific. Following a major network upgrade this past year, the College donated a significant number of desktop computers, LCD screens, and switch infrastructure. Most recently, SVDP collected administration desktops and Preparatory School screens that were no longer needed.

STUDENTS REACHING THEIR POTENTIAL At the heart of our Learning Support department is a commitment to inclusive practices that combine high expectations with robust support, ensuring every student can achieve success. We recognise that there is no longer a “one size fits all” approach. Instead, our strengths-based programme celebrates and builds upon the unique abilities each student brings. Our methods are grounded in scientific research and evidence. We liken the brain to a Ferrari - fast, powerful, and capable of extraordinary feats, but requiring the right guidance and control to perform optimally. Our role is to provide the right fuel (status and respect) and the right road conditions (appropriate support and guidance) to help this Ferrari reach its full potential. Our Kaupapa is to champion ākonga by creating environments where they can thrive and reach their full potential. We are committed to fostering an inclusive learning culture where all learners feel accepted, build positive relationships, and are active, visible members of their learning community. In alignment with Te Tiriti o Waitangi, we uphold the principles of tika (doing what is right), pono (acting with integrity), and aroha (care and sincerity). Our approach values the collective wisdom of parents, whānau, and the wider community, recognising their vital role in supporting learner success. We actively seek and respect diverse voices across our learning community, including learners, staff, and governance. By nurturing curiosity, critical thinking, and meaningful engagement, we ensure every ākonga is supported to grow academically, socially, and emotionally.

SHARING OF FACILITIES St Andrew’s College has a large campus with excellent sporting and educational facilities. Many groups both national and international also make use of our facilities. 2024 was a busy year for the leasing arm of our business with various groups booking a range of our facilities across all the term breaks and more.

ST AND REW’S CO L L EG E

Our Boarding facilities were used by the following groups: Royal New Zealand Pipe Band Association, Intersport Global, Cornwall Cricket Club, Marlborough Cricket, New Zealand Olympiad in Informatics, New Zealand Maths Olympiad, Volleyball New Zealand, two groups from Total Tours, Christchurch Lacemakers, two groups from Nelson Hockey, Taranaki Hockey, Hockey Southland, Otago Hockey, Tauranga Hockey Association, Wellington Junior Indoor Cricket and Otago Rugby Union. We also had other groups hiring out other buildings and amenities on the campus: CHURCH GROUPS:

SPORTS GROUPS:

Latimer Church, Hope Church, Catholic Parish of Christchurch North and Arise Church.

Canterbury Rams, Canterbury Rugby Football Union, Canterbury Basketball Association and Papanui Boxing.

CULTURAL GROUPS:

OTHER:

Sudden Valley Press, Iryna Maksymova, Christchurch Liedertafel Choir, Canterbury Drummers Club, Cecilian Singers, Highland Piping Society, Qioaling Liang, Highland Dance Company of New Zealand, Christchurch Civic Music Council and Linedance Christchurch.

Akotech, Friends of Futuna Charitable Trust, Hollie Tang Yoga, Mike Smith Defensive Driving and The Cotour.

STAFF SHARING KNOWLEDGE As well as providing the highest education within the College, St Andrew’s staff continue to engage in the wider educational community and regularly share their expertise beyond the school. Several teaching staff were markers for NCEA in various subjects and contributed as speakers at conferences. Staff contribute voluntarily to the wider educational community, demonstrating a willingness to be engaged and active participants in the process: Andy Kerrison

Graphics and Technology Teachers Association

Canterbury GTTA Chairperson

Kiwibots (VEX Robotics)

Regional Co-ordinator

Richard Webster

Regional CATE (Careers and Transition Education)

Committee Member

Justine Lee

Canterbury Digital Technology Teachers

Secretary

John Ruge

Teaching Council Disciplinary Tribunal

Panel Member (Appointed)

New Zealand Institute of Directors

Member of Canterbury Branch Committee

Phil Temple

NZCETA, Canterbury Branch

Committee Member

Steve Aldhamland

NZCETA (New Zealand Commerce and Economics Teachers Association)

Treasurer

Christine Leighton

ISNZ (Independent Schools of New Zealand)

Deputy Chair

ANZEC Mini Conference in Christchurch

Host and Organiser

Liam Smith

Agrifutures New Zealand Secondary School Teacher Advisory Board

Board member for the in-schools programme

Ben Hughes

New Zealand Association of RE Teachers and School Chaplains

Treasurer

Nicole Kilbride

NZATE (New Zealand Association of Teachers of English)

Council Member

Staff presenting at conferences: Christine Leighton

Education

ISNZ Conference

– KEYNOTE SPEAKER

Rebecca Ball

English

NZATE Conference (Dunedin)

– WORKSHOP PRESENTER

Nicole Kilbride

English

NZATE Conference (Dunedin

– WORKSHOP PRESENTER

Fiona Taylor

Modern Languages

NZALT Conference (Auckland) – WORKSHOP PRESENTER

Wilj Dekkers

Technology

AI in Education (Ōtahutahi ako) – WORKSHOP PRESENTER

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Pub l i c Be nefit Report

In 2024, the Secondary School hosted eight trainees from training providers across Terms 1, 2, and 3. Staff act as Associate Teachers and support the trainees’ teaching practice experience in classrooms throughout the course of the teaching placement. Teachers observe, both informally and formally, trainee teachers, and provide detailed and constructive written feedback throughout the placement. In 2024, the Preparatory School hosted trainee teachers from various institutions, with staff serving as mentors during their classroom placements. Many staff also volunteer in their communities and contribute to sports and cultural groups outside school hours. Staff actively contribute beyond the classroom, volunteering in their communities, coaching sports and cultural groups, and supporting student-led causes. Continuing a valued tradition, they ended 2024 by donating gifts to the City Mission, placing them under the Centennial Chapel Christmas tree alongside student contributions for collection just before Christmas.

SOCIAL AND EMOTIONAL DEVELOPMENT The College’s pastoral care objective is to offer a programme which celebrates the unique talents and personalities of individuals and develops resilience and emotional intelligence in all students. The Pastoral Care programme is based on the College’s guiding values of Truth, Excellence, Faith, Creativity, and Inclusivity. We aim to ensure every student feels comfortable, confident, and connected to their school so that their time here is as rewarding as possible. In 2024, the Secondary School College kapa haka was led by Matua Wiremu and supported by Miss Stacey Williams. The rōpū performed at several College and community events, including the Independent Schools Conference hui in August, where they showcased ihi, wehi, and wana, captivating the audience with their energy and emotion. A highlight was their moving performance at our Rector’ poroporoaki/farewell, where they beautifully represented te ao Māori. In September, the group visited several whare kaumātua around Ōtautahi and took part in a pō whakangahau at Shirley Boys’ High School. The rōpū also supported our kaikōrero at Ngā Manu Kōrero, hosted at Te Aratai College. New kapa haka uniforms were purchased in 2024, and the College is now on the waitlist for 25 handcrafted piupiu from Ngā Kete Tuku Iho in Rotorua, expected in 2026. This $20,000 project is funded by profits from the College Cafeteria – ngā mihi rawa atu! The Preparatory School kapa haka was enthusiastic and successful in 2024. In Term 1, all Year 4–8 classes enjoyed introductory sessions with Matua Steve Reid to share waiata, haka, games, and poi. The classroom teachers and Te Reo Māori specialist teacher, Mary Leota, supported the ākonga learning by revising waiata during class and Te Reo Māori lessons.

ST AND REW’S CO L L EG E

The Year 7–8 girls who were on the Australian Sports Tour in July spent Term 2 mastering waiata and poi for sharing on their trip. Many of these girls then joined the Tūhono kapa haka performance group in Term 3. All of the Year 7–8 boys who attended Aims Games in Term 3 also participated and mastered the haka to perform before their matches. It was wonderful to see the school haka performed by our boys who were supporting our teams on the sidelines and to share our culture with the Fijian students in response to their Cibi (Fijian version of the haka).

successes. Any matters important to the local community are communicated on the website and via social media and, when relevant, neighbours will receive communications from the College.

To read more about what is happening at the College or to read the Philanthropy Report, please visit the College website at stac.school.nz.

In Term 3, 85 (Year 4–8) students opted into the performance kapa haka and worked toward performing in the Tūhono Festival at the Christchurch Town Hall in November. A group of dedicated students met weekly to learn poi, waiata, haka, and rākau. The girls quickly mastered the poi dance – Rona. The boys worked hard to master their leadership of haka, playing of traditional instruments, and this group combined with the Middle Syndicate to perform at the Tūhono Festival. As well as their Tūhono Festival experience, ākonga prepared for performances at assemblies, school celebrations, and at the annual College Prizegiving. Kapa haka continues to be a highly valued part of our Performing Arts and classroom programmes in both the Preparatory School and Secondary School. The confidence and pride exhibited by the ākonga as they perform in front of a large crowd is worth celebrating. Ka mau te wehi! 2024 was a successful year for the St Andrew’s College Pipe Band, marked by strong performances at the National Pipe Band Championships in Auckland. The A Band won the Juvenile Grade and placed second in Grade 2, with the drum corps securing the Grade 2 New Zealand Championship. The B Band also achieved success, placing third in Grade 4A. Student participation in the College’s pipe band programme continues to grow, with over 160 students now involved. Throughout the year, the band was involved in a range of events, including ANZAC Day performances across Canterbury and international representation through the National Youth Pipe Band of New Zealand’s tour to Canada. Highlights included the StAC Attack concert at the Christchurch Town Hall and performances at major events like the Hororata Highland Games. Many students also excelled in solo competitions, with Maggie McConnochie (Year 10 2024) winning the 2024 New Zealand U21 Championship and Sam Foote (Year 11 2024) named Young Piper of the Year.

COMMUNICATION WITH OUR LOCAL COMMUNITY The College’s website has readily accessible information which informs any member of the public about the activities undertaken at the school. The Annual Report is available online, as is the annual Philanthropy Report, which reports on the philanthropic and volunteering efforts of staff, students, and parents in the St Andrew’s community. The College’s magazine, Regulus, is also available online, which covers the latest news from the College with regards to campus development, alumni news, and student

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F i na nci als

ST ANDREW’S COLLEGE FINANCIALS

College Income and Expenses

2024

For the year ended 31 December 2024

Income

St Andrew’s College includes our Secondary and Preparatory Schools, our boarding facilities, and our Pre-school. The 2024 result was a $1.29m surplus. This result was made possible by a very generous bequest from George Hight. Without donations, we made a ‘break-even’ Total Net Surplus of $35k, which was better than what we had budgeted for. We continue to enjoy a full roll which drives our income. We also continue to manage our costs as best we can while ensuring we are meeting the needs of our students. Interest costs driven by the level of debt we carry following the build of the Ngā Toi facility was higher this year, as expected. The Cash Surplus achieved each year helps pay for our building programme. The $6.73m cash surplus achieved this year was more than the $5.3m of capital expenditure and facilitated the drop of year end debt by $1.5m. The College continues to rely on the cash surpluses and donations to repay this borrowing, to fund the building programme, and to thereby keep our campus fit for purpose.

The complete Tier 1 Financial Report can be found on the Charities Services website www.charities.govt.nz, registered charity number CC22462 for the St Andrew’s College and Group, and CC25213 for the Tier 2 St Andrew’s College Foundation report. These reports have been prepared in line with the External Reporting Board (XRB) standards as required by Charities Services. They were audited by BDO, independent accountants, and both received clean reports. The high level reporting of the Group, extracted from the full audited report, is shown at the end of these financial pages. The Group numbers include the College, Burnett Valley Farm, the Foundation, the Old Collegians Association, and the Parent Teachers Association combined. The Old Collegians Association full report is also available from the Charities Services website (CC27778), as is the Parent Teachers Association full report (CC51447).

INCOME

2024 $m

2023 $m

40.85

37.39

85.7%

86.9%

Fees Grants

2.84

2.77

6.0%

6.4%

Donations

1.92

0.83

4.0%

1.9%

Other

2.07

2.06

4.3%

4.8%

TOTAL 47.68

43.05

EXPENSES

2024 $m

2023 $m

Employee Benefits

27.62

26.40

57.9%

61.3%

5.44

4.99

11.4%

11.6%

Depreciation Property and ICT

3.95

3.11

8.3%

7.2%

Other

9.38

8.95

19.7%

20.8%

TOTAL

46.39

43.45

NET SURPLUS/(DEFICIT)

1.29

(0.40)

2.7%

–0.9%

HOW EACH $1.00 OF INCOME IS SPENT

$0.03 Surplus $0.08 Property and ICT $0.11 Depreciation $0.20 Other costs $0.58 Staff cost

ST AND REW’S CO L L EG E

NET SURPLUS BY COMPONENT Secondary School Preparatory School Pre-School Other Contributing Services (1) Service Departments (net Cost) (2) Operating Donations (3)

2024

2023

2022

2020

2021

12,469

10,515

10,242

9,730

8,763

4,469

3,917

3,655

3,759

3,497

308

228

231

227

169

1,402

1,250

923

851

(13,062)

(11,600)

(10,793)

(9,532)

(9,015)

668

701

559

620

605

OPERATING SURPLUS

6,254

5,011

4,817

5,655

4,870

Building Donations less Interest cost

477

(420)

552

387

256

CASH SURPLUS

6,731

4,591

5,369

6,042

5,126

Depreciation

(5,442)

(4,995)

(4,748)

(4,677)

(4,349)

TOTAL NET SURPLUS / (DEFICIT)

1,289

(404)

621

1,365

777

ASSETS AND EQUITY

2024

2023

2022

2021

2020

Capital Expenditure Fixed Assets (NBV) FA Net of Revaluations Debt (Interest Bearing) Equity Equity Net of Revaluations

$000’s

5,328

11,929

8,736

2,104

6,029

265,640

190,450

183,516

179,484

182,057

89,087

89,043

82,363

78,331

80,904

12,000

13,500

6,300

3,150

7,300

251,503

175,068

175,473

174,808

173,443

74,950

73,661

74,320

73,655

72,290

$000’s

NOTES: (1) Includes Boarding, Leasing, International Students, and College Shop. (2) Includes Administration, Development, Property, Communications, and ICT departments. (3) Includes Scholarship Grants from St Andrew’s College Foundation, and The Denis Ager Trust, as well as parent donations from PTA and other co-curricular parent groups e.g. Rowing Club (boats).

$000’s

14,000

12,000

10,000

8,000

6,000

4,000

2,000

2024 2023 2022 2021 2020

Capital Expenditure

Cash Surpluses

Debt (Interest Bearing)

The Ngā Toi Performing Arts Centre project saw a further $3.1m spent on it during 2024, and being complete, was capitalised to Buildings at $20.6m. We spent $553k on the Castle Hill utility project which means we now have reticulated water and electricity from the Castle Hill Village at the Alistair Sidey Mountain Lodge – this was prompted from the change in water supply legislation, but has vastly improved the reliability of both of these services to the lodge (total project cost was $668k). $1,089k was spend on new equipment across the College, including air conditioning, a replacement van, sports and media, and ICT, as well as equipment in the new theatre.

A n n u a l Re p o r t f o r t h e y e a r e n d e d 3 1 D e c e m b e r 2 0 2 4

F i na nci als

Fixed Assets (NBV)

$000’s

300,000

250,000

200,000

150,000

100,000

50,000

0 2024

2023

2022

2021

Equity

$000’s

Net Book Value

2020

2024

2023

$000’s

Net of Revaluations

90,000

88,000

80,000

86,000

70,000

84,000

60,000

82,000

50,000

80,000

40,000

78,000

30,000

76,000

20,000

74,000

10,000

72,000

0 2024

2023

2022

2021

2020

2024

2023

2022

The College is an Incorporated Society with the “business” owned by the Board of Governors on behalf of past, present, and future students, parents, and the St Andrew’s College community (i.e. there are no “owners” as such). The College is a “Not-for-Profit” (and Not-for-Loss either) organisation with the operating costs incurred each year mostly paid for from the fees collected from the families of the current students. The assets of the College which are largely the land and buildings have been funded mostly by past and current students / families, as well as from generous donations received from the community. These are maintained to a high standard and are continually being kept “fit for purpose” for current and future students.

ST AND REW’S CO L L EG E

2020

2021

2020

Net of Revaluations

The College is run by the Rector and the Executive team, and it is closely governed by the Board of Governors, while the Foundation is run and governed by the Board of Trustees.

2021

Equity

Fixed Assets (NBV) $000’s

2022

BURNETT VALLEY FARM For the year ended 31 December 2024

The Burnett Valley Farm is owned by the Burnett Valley Trust (BVT). The College is the sole beneficiary of this trust. The farm is situated near Cave in South Canterbury. The College relinquished the lease on the farm in April 2020, and it is now leased by BVT to a third party. Through agreement with the BVT the College retains ownership of all 194.5 ha of forestry assets on the farm, including ownership of all carbon credits associated with these forestry assets. The College continues to maintain the forestry blocks with 89.7 ha as Forest Stock (harvestable trees) and 104.8 ha as Carbon Forest (farming carbon credits and the trees are not available to be harvested). The College employs Forest Management Ltd. to manage the forestry assets on its behalf, and to provide the year end valuations.

FORESTRY OPERATIONS

2024 (#)

2023 (#)

2024 ($)

2023 ($)

Production Forest: Harvesting revenue 133 424,546 Valuation change – Timber 64,806 26,118 64,939 450,664 ETS Carbon Credits: Units on hand / $ unit value 27,321 23,394 $64.00 $70.00 Additional units earned 3,927 3,823 274,890 288,637 Movement in unit value ($6.00) ($5.50) (163,926) (128,667) 110,964 159,970 Carbon Forest: Valuation change – Future value 2024–2049 156,204 1,422,426 Total Farm Revenue Expenses: Forestry (including opening value of harvested blocks) Other costs

332,107 2,033,060 39,082 37,767 76,849

327,106 35,784 362,890

TOTAL NET SURPLUS / (DEFICIT) 255,258 1,670,170 Valuations at year end: Production forest (timber) 476,596 411,790 ETS carbon credits 1,748,544 1,637,580 Carbon forest (future value) 2,082,572 1,951,161 TOTAL ASSETS

4,307,712 4,000,531

FOUNDATION

2024 ($)

2023 ($)

Interest and dividends Realised gain / (loss) Unrealised gains / (loss) (1) Investment costs

533,649 241,664 1,876,569 (81,442)

374,803 241,662 841,574 (81,087)

Net Investment Income

2,570,440

1,376,952

Our Foundation receives and invests donations to enable it to support the College. This support includes helping to fund scholarships.

New donations received

7,004,508

679,428

Scholarship grants

(492,980)

(452,340)

TOTAL NET SURPLUS / (DEFICIT)

9,081,968

1,604,040

The Foundation is governed by the Board of Trustees who engage Forsyth Barr to manage the investment fund.

Fund Portfolio Net Return

Funding for both ‘George Hight’ and ‘Foundation’ scholarships comes from the Foundation’s ‘Scholarship Grants’.

(1) “Unrealised Gains” is the increase in market value over the cost of the investments held. These gains are not locked in until an investment is sold, and may decrease or increase depending on market conditions.

The complete audited Tier 2 report is available on the Charities Services website (CC25213).

2024 investing across the global markets proved to be a favourable environment, with the fund also benefitting from a softening of the NZD, providing a Foreign Exchange gain. Subsequent fluctuations in the markets caused by the Trump tariffs has resulted in some falloff in value but nothing extraordinary over time.

In the official Charities Services financial report the College figures include the Farm Operation, however they are reported separately in this report.

ST ANDREW’S COLLEGE FOUNDATION For the year ended 31 December 2024

Investment Advice

TOTAL ASSETS

14.3%

11.00%

23,238,039

14,156,072

Investment markets are typically cyclical and while it is impossible to estimate the duration of weak global markets, the Foundation has adopted a long term investment policy and a diversified asset allocation strategy to mitigate risk.

A n n u a l Re p o r t f o r t h e y e a r e n d e d 3 1 D e c e m b e r 2 0 2 4

F i na nci als

ST ANDREW’S COLLEGE OLD COLLEGIANS (INC.) For the year ended 31 December 2024

OLD COLLEGIANS

2024 ($)

2023 ($)

Membership subscriptions Other operating income Net Income from paid for events Donations and prizes awarded Student support grants Other operating costs

79,865 5,771 2,507 (3,600) (3,900) (47,165)

76,643 3,470 6,936 (3,600) (7,170) (31,859)

Total Operating Surplus / (Deficit) 33,478 44,420 Investment income (interest and dividends) 20,231 17,345 Realised gain / (loss) 10,457 3,244 Unrealised gain / (loss) 62,920 35,294 Management of fund (6,933) (6,068) Total Investment Surplus / (Deficit) 86,675 49,815 TOTAL NET SURPLUS / (DEFICIT) 120,153 94,235 TOTAL ASSETS 833,491 709,526

ST ANDREW’S COLLEGE PARENT TEACHERS ASSOCIATION For the year ended 31 December 2024

PARENT TEACHERS ASSOCIATION

2024 ($)

2023 ($)

Second hand uniform shop sales Other operating income Second hand uniform shop costs Grants and donations paid Other operating costs

86,422 16,326 (40,487) (60,929) (18,471)

87,742 18,080 (55,684) (46,285) (20,033)

TOTAL NET SURPLUS / (DEFICIT) TOTAL ASSETS

(17,139)

(16,180)

53,565

70,727

ST AND REW’S CO L L EG E

St Andrew’s College Old Collegians (Inc), known as St Andrew’s College Old Collegians Association, is incorporated under the Incorporated Societies Act 1908 and is a registered charity under the Charities Act 2005. The Association was incorporated on 19 February 1935. The main objectives of the Association are to foster and maintain an interest by Old Collegians in St Andrew’s College (the College), and provide the opportunity for its members to engage with fellow members, the College and the College community; and to support the activities of the College and its community, including the promotion and advancement of education at the College. Following instructions per the PBE IPSAS 35 Consolidated Financial Statements accounting standard, the College ‘Group’ figures now include those for the Old Collegians. The full Old Collegians Tier 3 report is available from the Charities Services website (CC 27778).

St Andrew’s College Parent Teachers Association, is incorporated under the Incorporated Societies Act 1908 and is a registered charity under the Charities Act 2005. The PTA was incorporated on 24 June 1933. The main objectives of the Association are to promote co-operation between parents / caregivers and teachers, and the Governing authority of the College, and to raise and expend funds to aid this. Following instructions per the PBE IPSAS 35 Consolidated Financial Statements accounting standard, the College ‘Group’ figures now include those for the Parent Teachers Association. The full Parent Teachers Association Tier 4 report is available from the Charities Services website (CC 51447).

GROUP FINANCIAL STATEMENTS

These Financial Statements are extracted from the audited Tier 1 Financial Report uploaded to the Charities Services website. These Group numbers represent the combined results for St Andrew’s College, Burnett Valley Farm (forestry), St Andrew’s College Foundation, Old Collegians Association, and the Parent Teachers Association.

STATEMENT OF COMPREHENSIVE REVENUE AND EXPENSE For the year ended 31 December 2024

2024 ($)

2023 ($)

Fees

41,192,456

37,640,164

Sales

900,477

1,327,785

Other exchange revenue

1,452,163

1,461,594

Donations

7,956,972

635,331

Grants

2,920,520

2,853,301

REVENUE

Other non exchange revenue

330,000

322,413

Investment income

2,790,218

1,566,319

339,696

314,755

57,882,502

46,121,661

2024 ($)

2023 ($)

Employee benefits expense

27,921,629

26,685,015

Scholarships and discounts

2,753,106

2,693,659

Curriculum delivery costs

1,820,547

1,955,910

Boarding and kitchen costs

508,634

487,673

Property and equipment related costs

3,935,690

3,089,802

Administration and related costs

Other income Total Revenue

COSTS

2,707,089

2,400,226

Shop cost of goods sold

557,001

560,247

Farm (forestry) costs

52,055

339,935

5,466,953

5,017,864

Investment costs (loss on disposal)

—

Investment costs (net fair value decrease)

—

581,162

638,945

Total Costs

46,303,865

43,869,276

SURPLUS / (DEFICIT) BEFORE NET FINANCE COSTS

11,578,637

2,252,384

Depreciation

Other expenses

Finance income Finance costs

36,795

26,979

(838,401)

(622,537)

(801,606)

(595,559)

10,777,031

1,656,826

Net Financing Income / (Cost) SURPLUS / (DEFICIT) FOR THE YEAR

REVALUATION:

Other comprehensive revenue and expense

In keeping with our auditor requirements to revalue our land and buildings every four to five years, we undertook a financial valuation at the year end. This resulted in the land value increasing by $17.7m, and our buildings stock value increasing by $57.6m. The previous revaluation was at year end 2020.

Gain/(Loss) on revaluation of syndicated property investments

9,298

(96,183)

(163,926)

(128,667)

Gain/(Loss) on revaluation of carbon forest (future value)

156,204

1,422,426

Gain/(Loss) on revaluation of property, plant and equipment

75,241,087

—

Total other comprehensive revenue and expense

75,242,663

1,197,576

86,019,694

2,854,402

Gain/(Loss) on revaluation of ETS carbon credits

TOTAL COMPREHENSIVE REVENUE AND EXPENSE FOR THE YEAR

A n n u a l Re p o r t f o r t h e y e a r e n d e d 3 1 D e c e m b e r 2 0 2 4

F i na nci als

STATEMENT OF COMPREHENSIVE REVENUE AND EXPENSE For the year ended 31 December 2024

Accumulated Revenue and Expense

Balance at 1 January

Surplus / (deficit) for the year BALANCE AT 31 DECEMBER

2024 ($)

2023 ($)

90,055,781

88,398,955

10,777,031

1,656,826

100,832,812

90,055,781

103,331,516

102,133,940

Revaluation Surplus

Balance at 1 January

Other comprehensive revenue and expense for the year

75,242,663

1,197,576

BALANCE AT 31 DECEMBER

178,574,179

103,331,516

Total Equity Balance at 1 January

193,387,297

190,532,895

Total comprehensive revenue and expense for the year

86,019,694

2,854,402

279,406,991

193,387,297

BALANCE AT 31 DECEMBER

ST AND REW’S CO L L EG E

STATEMENT OF FINANCIAL POSITION A s at 31 December 2024

CURRENT ASSETS

2024 ($)

2023 ($)

Cash and cash equivalents

549,917

461,967

Receivables (from exchange transactions)

410,730

482,745

GST receivable

353,378

474,103

Inventories

671,617

534,771

1,098,580

1,130,173

3,084,222

3,083,760

2024 ($)

2023 ($)

Property, plant and equipment

267,722,230

192,452,251

Investments

24,479,429

15,465,899

Intangibles (ETS carbon credits)

1,748,544

1,637,580

Biological assets (production forest)

476,596

411,790

Total Non-current Assets

294,426,799

209,967,520

TOTAL ASSETS

297,511,021

213,051,280

2024 ($)

2023 ($)

Prepayments and other assets Total Current Assets

NON-CURRENT ASSETS

CURRENT LIABILITIES Cash and cash equivalents

571,195

883,896

Payables (from exchange transactions)

1,437,155

1,994,526

Deferred revenue

1,830,563

1,115,166

Employee benefit liability

1,817,303

1,621,799

12,000,000

13,830,000

447,814

218,597

18,104,030

19,663,984

18,104,030

19,663,984

2024 ($)

2023 ($)

Borrowings Advances from related parties Total Current Liabilities TOTAL LIABILITIES NET ASSETS / EQUITY Revaluation reserve – syndicated property investments

167,491

158,193

Revaluation reserve – ETS carbon credits

434,344

598,270

Revaluation reserve – carbon forest (future value)

1,578,630

1,422,426

Revaluation reserve – property, plant and equipment

176,393,714

101,152,627

Total Revaluation surplus

178,574,179

103,331,516

Accumulated revenue and expense

100,832,812

90,055,782

TOTAL NET ASSETS / EQUITY

279,406,991

193,387,298

297,511,021

213,051,282

TOTAL NET ASSETS / EQUITY AND LIABILITIES

A n n u a l Re p o r t f o r t h e y e a r e n d e d 3 1 D e c e m b e r 2 0 2 4

F i na nci als

STATEMENT OF CASH FLOWS For the year ended 31 December 2024

2024 ($)

2023 ($)

Tuition and boarding fees

39,154,748

34,738,831

Goods and services provided

2,282,027

2,364,833

Grants, donations, and bequests

10,793,039

3,365,077

Payments to employees

(27,726,125)

(26,895,637)

Payments to suppliers

(10,378,824)

(8,612,985)

CASH FLOWS FROM OPERATING ACTIVITIES

Interest received

28,684

20,676

Net GST (paid) / received

120,725

(110,028)

14,274,273

4,870,768

CASH FLOWS FROM INVESTING ACTIVITIES

2024 ($)

2023 ($)

Interest received

228,202

153,431

Dividends received from investments

371,882

290,142

133

424,546

Net cash inflow/(outflow) from operating activities

Proceeds from disposal of biological assets Proceeds from disposal of investments

6,622,258

3,317,687

Payments for purchase of property, plant and equipment

(5,240,228)

(11,896,709)

Payments for purchase of investments

(13,446,062)

(3,821,961)

(88,375)

(80,976)

(11,552,190)

(11,613,840)

2024 ($)

2023 ($)

Investment fund management fees Net cash inflow/(outflow) from investing activities CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from draw down of loans

7,300,000

14,900,000

(8,800,000)

(7,700,000)

Interest paid

(821,432)

(605,850)

Net cash inflow/(outflow) from financing activities

(2,321,432)

6,594,150

400,651

(148,922)

Cash and cash equivalents at the beginning of the year

(421,929)

(273,007)

CASH, CASH EQUIVALENTS AT THE END OF THE YEAR

(21,278)

(421,929)

Repayment of loans

Net increase/(decrease) in cash and cash equivalents

ST AND REW’S CO L L EG E

TOP STUDENT

SUCCESSES

ACADEMIC

Congratulations to our students for their outstanding successes across sports, cultural and academic areas.

UNIVERSITY SCHOLARSHIPS:

2024

77 awarded

ICAS:

3 Medals – Year 13 Mathematics and Science, and Year 8 English

INFOMATICS:

SPORT ROWING:

Girls 16 8+ Gold NZSS, Boys U16 4+ Gold NZSS Boys U18 4+ Silver NZSS SISS Championships – 5 Gold, 3 Bronze

FUTSAL:

Senior A Girls Winners NZSS

2 students European Girls’ Olympiad NZ team

CULTURE

BIOLOGY:

CHAMBER MUSIC:

Original Composition Overall Winner NZCT Contest

Girls Senior A Runner Up NZSS Girls Senior A and Junior Girls Winners NZSS Zone 4 Girls Senior 3x3 Winners NZSS Zone 4

ORCHESTRA:

FOOTBALL:

NZ International Biology Olympiad – Bronze award

ETHICS:

5 students NZ International Ethics Olympiad finalists

CHEMISTRY:

Year 11 Ara Chemistry Team Competition Winners

7 students NZSS Symphony Orchestra

PIPE BAND:

Year 8 team – Third in the World Individual Junior Division – First in New Zealand

New Zealand National Champions in Juvenile U21 Solo Piping Champion NZ Young Piper of the Year 5 students National Youth Pipe Band

CREATIVE WRITING:

ROCK BAND:

FUTURE PROBLEM SOLVING:

National Schools Poetry Award Winner and Runner Up

DECATHLON:

Year 8 NZ da Vinci Competition Winners

MATHEMATICS:

Year 8 Cantamath Winners Year 9 and Year 10 Cantamath Runners Up American Maths Olympiad Runner Up

SPEECH:

National Finalist Battle of the Bands, and Best Guitarist and Top 3 Drummer Rockquest Best Song

JAZZ BAND:

Big Band Southern Jam & Aurora Festival Gold awards Best Bassist Southern Jam and Aurora Festival Best Drummer Aurora Festival

SONGWRITING:

Ngā Manu Kōrero: Senior Māori Impromptu – Third

Finalist Play it Strange Competition Finalist Peace Song Competition

CHESS:

BALLET:

Canterbury Schools: Secondary Runner Up

NEW ZEALAND REPRESENTATIVES: 2 Recipients

5 NZAMD Ballet Distinctions and Scholarships 2 National Ballet Award Finalists and Winner Younger Performer of the Year – Semi finalist

DEBATING:

Junior and Senior Regional Winners CSS

HIGHLAND DANCE:

Winner New Zealand Championships Sean Truibhas and Reel O’Tulloch 18 Years and Over Winner New Zealand Championship Irish Reel and Highland Fling U16

DUKE OF EDINBURGH’S HILLARY AWARD: 23 Gold awards

NEW ZEALAND REPRESENTATIVES: 15 Recipients

BASKETBALL:

Girls’ 1st XI Third NZSS, Winner CSS

FLAG FOOTBALL:

U12 New Zealand Champions

NETBALL:

Senior A Fourth SISS Senior A Top 12 NZSS Year 9A Runners Up SISS Junior Tournament

VOLLEYBALL:

Senior A Girls Third NZSS

TOUCH:

Mixed Team Winner NZSS (Dec 2023) and Winner SISS

TENNIS:

Senior Mixed Tennis Runners Up NZSS Senior A Girls Winners & Senior A Boys Runners Up SISS

ATHLETICS:

NZSS Championships – 1 Gold, 2 Silver, 1 Bronze (Dec 2023) SISS Championships – 4 Gold, 7 Silver, 5 Bronze

TRAP SHOOTING:

Open Handicap Champion NZCTS NZ Kilwell Postal Shoot Team Winner High Overall Single Rise NZSS

TRIATHLON:

U16 Girls Winner NZSS and SISS U16 Boys Winner SISS

ADVENTURE RACING:

Senior Mixed Team Runners Up SISS

RUGBY SEVENS:

U16 Boys Winners SISS

SKIING:

Winner CSS Mixed Team Individual Fastest Boy & Boys’ Ski Team Runners Up SISS Winner ISSA Primary & Intermediate Co-ed Teams

ROAD RACE:

Girls U16, U16 Boys team Runners Up CSS

SWIMMING:

CSS Championships 14 podium finishes

CROSS COUNTRY:

College Productions The Nutcracker (Ballet Academy)

U16 Girls Winner SISS Junior Girls and U16 Boys team Winners

CANOE POLO:

The Aurora Stone (Preparatory)

Junior and Senior Winners SISS

Once Upon A Mattress (Middle)

ZONTA AWARDS:

Legally Blonde (Senior)

Outstanding Cultural Celebrations Music Festival // Film Fest // Dance Revue // Pipe Band StAC Attack

Highly Commended Boys Category 2 – Football Referee Highly Commended Boys Category 4 – Jet Ski Racing Highly Commended Girls Category 5 – Girls’ Senior A Futsal Highly Commended Category 6 – Athletics, Basketball, Rugby, Touch Rugby

NEW ZEALAND REPRESENTATIVES: 21 Recipients

347 Papanui Road, Christchurch 8052, New Zealand P +64 3 940 2000 W stac.school.nz