Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

All monies due or to become due from newschools (merton) limited to the finance parties on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

The premises known as park house middle school / ricards lodge high school demised to the chargor by a lease dated 25 november 2002 between (1) the mayor and burgesses of the london borough of merton and (2) the chargor registered at the land registry under title number SGL640802 as amended by a deed of rectification between (1) the mayor and burgesses of the london borough of merton and (2) the chargor, dated 12 march 2012.