We are dedicated to supporting and encouraging our students, and giving them the tools and the confidence to explore what life and the world have to offer. The five years-plus that our students spend with us will be the foundation on which they build their futures and we strive to deliver an education that is world class in every respect. We are delighted with our recent results, which put us among the top-performing schools in the region, and pleased with our last Ofsted report in which we were judged to be ‘Good’.

Receiving Ofsted's seal of approval is gratifying but we remain very ambitious for our school and the students who learn at Wellsway. We are focused on building on our achievements and raising our standards still higher. We are working hard to ensure we remain prepared for changing curriculum demands, to innovate in our teaching and to improve the experience for our students wherever we can.

As well as having high expectations of our staff and students, we also look for commitment from parents, families and carers. We hope that you will support our school’s pursuit of excellence. We want you to join us in a dynamic partnership that puts young people and their success and wellbeing at the centre of everything we do.

But, as well as being rigorous and demanding, inspiring and challenging, I firmly believe that school should also be fun – a place where the activities, teaching and facilities foster enthusiasm, enjoyment and strong relationships. Happiness and success at school are closely related, and our results, and particularly the findings of Ofsted, are evidence of a culture that is strong on challenge but also strong on support.

We are very proud of Wellsway, both for our results and for the quality of the school experience we provide. I know our staff and students share that pride and I'm sure, when you come to visit us, you'll be able to see why.

I look forward to meeting you.

Matthew Woodville
Principal

Wellsway is a high-performing school set on the east side of Keynsham, eight miles north west of Bath. As an established academy, we are proud to provide exceptional educational opportunities for students aged 11-18 within a culture of high expectations and high support.

The majority of our students are able to walk or cycle to school. A significant number of young people also join us from the neighbouring local authorities of South Gloucestershire and Bristol.

Wherever our children and young people come from, we are pleased to provide a distinctive, broad and rigorous educational experience that allows them to learn in a calm and well-ordered community, and prepares them to take on the challenges of adult life.

“Developing confident, respectful and successful young people.”

Our vision is for Wellsway School to be an outstanding school at the heart of our Multi Academy Trust and wider community.

Our values of confidence, respect and success provide a firm foundation on which to achieve our vision:

• Confidence – a major component of confidence is the value you place in yourself. Confidence is about the faith you have in your abilities, the person you are. This self-belief is crucial if we are to achieve our potential. We must reflect on and celebrate successes. We challenge students to want to fulfil their potential and respond proactively and positively to feedback so that they take responsibility for their own next steps so that they meet their personal best. Students often surprise us with their talent or skill which they possess but don’t openly share. We want students to have confidence to share with others and to feel a sense of pride in their own achievements.
• Respect - is far reaching - respect of self, of others, of the environment and of our world are key to building and growing a harmonious school and society. From the words we choose to use, to the care we take of the equipment, from the resolve to be inclusive and challenging in the face of discrimination to the emphasis on responsibility, team work, tolerance and friendship, we believe our focus on respect is essential in the interdependent world of the 21^st Century. 
• Success – does not come easy, but it will come, not only in our academic work but in all aspects of life; creative, artistic, or sporting when we have resilience; and keep going even when things are difficult; when we have determination and a ‘can-do’ attitude to the tasks we are presented with; and when we make the most of every opportunity that we are offered.

Our school moto is Futura Aedificamus, which means we build for the future. Working closely with our partners within Wellsway Multi Academy Trust, staff, governors, parents and students we are building futures…together.

Building friendships

We want our students to enjoy every aspect of their time at Wellsway and building strong and lasting friendships is an important part of every students’ journey through school. We are proud of how our pastoral system develops students’ confidence, resilience and life skills – from a dedicated Key Stage 2 to 3 Transition team to a tutor programme that includes a strong buddy system to integrate all students into the tutor group and a focus on teambuilding activities.

Building partnerships

Joining Wellsway also means joining a strong community and we firmly believe in the importance of building partnerships with businesses and the local community to provide opportunities for students to benefit from these links. We are also committed to building partnerships across year groups, such as Sixth Form Officers leading clubs for younger year groups, peer to peer mentoring, Sports Ambassadors and our strong House Leader programme. Being part of Wellsway Multi Academy Trust provides a unique opportunity for our students to benefit from partnerships we have built across schools, for example developing key leadership skills in running workshops for primary school students and for our teachers to share and learn from one another to constantly provide the best possible education for our students.

Building futures

Every young person deserves to leave school fully equipped to go on to lead a happy and successful life and we are committed to supporting all students on that journey, regardless of their individual needs and abilities. We want students to make the best possible progress in their subjects to allow them a wide choice of options when they move on from Wellsway School and we have a dedicated team of staff to guide them through each stage of their school career to support them in making these choices, whether that be guidance and motivation from the Competitive Courses Group for students who should be aiming for the most competitive destinations or support from our careers team in making successful applications to apprenticeships. The wide range of experiences we guarantee through both curricular and extra-curricular opportunities ensures that whatever a students’ destination, they leave Wellsway equipped with the skills and character traits necessary to make this transition with confidence and success.

We hope that this website gives you a flavour of some of what have on offer. We are rightly proud of the school community at Wellsway School. I know our staff and students share that pride and I'm sure, when you come and visit us, you'll be able to see why.

Matthew Woodville,
Principal

The DfE have reinforced the need “to create and enforce a clear and rigorous expectation on all schools to promote the fundamental British values of democracy, the rule of law, individual liberty and mutual respect and tolerance of those with different faiths and beliefs.” The government set out its definition of British values in the 2011 Prevent Strategy. At Wellsway School these values are reinforced regularly and in the following ways:

Democracy

Democracy is widespread within the school. Students engage positively with the realities of life in a democracy, and understand and appreciate the history, heritage and wide ranging cultural influences that underpin our individual and shared experience of life in modern Britain.

The school has a system of House Councils and a School Council, both of which meet on a termly basis. The council meetings provide a forum for students to discuss issues relevant to their experience of school life and to engage in projects to improve the learning culture, the school environment and support charity. Each Tutor Group elects two representative for the House Council.

The School Council has made a number of significant improvements to the school including implementing a cycle permit scheme to highlight safer cycling and Tutor Group litter picking rotas.

Through tutor time students have the opportunity to feedback back opinions on their experiences in activities e.g. we have recently begun to hold Votes For Schools sessions which require students to vote with other school around the country. The issues they vote upon are topical and encourage students to think about life in modern Britain

The role of democracy is reinforced each year when the school held its own mock election through the Make Your Mark campaign where students throughout the school were then given the opportunity to part in the largest youth vote in the country. This voting determines what our local Member of Youth Parliament will discuss with MPs in the House of Commons. Prior to voting students discussed the importance of democracy and tutor and assembly sessions on the issue. Our Sixth form students have previously participated in a debate with representatives from the main parties; students had the opportunity to put their questions to the candidates on education, immigration, money, the environment and many other topical issues.

The rule of Law

The importance of the rule of law, whether they be those that govern the class, the school, or the country, are consistently reinforced throughout regular school days, as well as when dealing with behaviour and through school assemblies. Students are taught the value and reasons behind laws, that they govern and protect us, the responsibilities that this involves and the consequences when laws are broken.

Students recognise the difference between right and wrong, understand that actions have consequences, and apply this in their own lives by respecting English civil and criminal law. Visits from authorities such as the police are used to reinforce tolerance and respect. In addition Religious Studies and PSHE respectively deliver activities on ‘crime and punishment’ and ‘drug and alcohol awareness’ in KS3 to reinforce the belief in personal and social responsibility and respect for British institutions.

Individual liberty

Within school, students are actively encouraged to make choices, knowing that they are in a safe and supportive environment. As a school we educate and provide boundaries for students to make choices safely, through the provision of a safe environment and an empowering education. Students are encouraged to know, understand and exercise their rights and personal freedoms and are advised how to exercise these safely, for example through E-Safety and PSHE.

Students are given the freedom to make choices whether it is through choice of challenge or participation in extensive extra-curricular clubs and opportunities. They have a sense of enjoyment and fascination in learning about themselves and others, and the world around them, and participate actively in artistic, sporting or cultural activities.

Students make choices relating to the KS4 and KS5 curriculum that they wish to follow. Students have individual meetings with a member of the senior leadership team e.g. during year 9 GCSE interviews, year 11 sixth form interviews.

Mutual respect and tolerance

Our approach to school assemblies and behaviour is to have a values led approach. ‘Respect’ is an important value of the school’s code with all members of the school community treating each other with respect. Students have been part of discussions and assemblies related to what this means and how it is shown e.g. through our Them and Us campaigns which encourage our students to take part in community action to make our school and wider community a more respectful and tolerant place to be. Students also are mindful of other students within their classes whom are also demonstrating such values. Mutual respect is an integrated part of classroom behaviour, as well as our whole school approach to behaviour.

Through Humanities lessons students are reflective about their own beliefs and perspectives on life, and the extent to which they are the same as/different to others’ faith, feelings and values. Students are encouraged to show an interest in investigating and offering reasoned views about moral and ethical issues, and appreciate the viewpoints of others. The school’s curriculum provides opportunities to openly tackle controversial issues and challenge misconceptions. Students have the opportunity to visit places of significant cultural interest and places of worship. In addition we actively encourage visitors from a range of communities and organisations into the school.

The school promotes an environment where all students work and socialise with students from different religious, ethnic and socio-economic backgrounds, co-operating well, celebrating diversity and resolving conflicts effectively. Ethnic minorities are included in all aspects of the school e.g. leadership roles, sport, drama, music etc.

Places for September

This page provides information for parents/carers considering making an application for a child transferring from primary school in September. If you are considering making an application at any other time please read the "In Year" section below or for more information please contact us.

The timeline for allocating Year 7 places at Wellsway is determined by the Local Authority and is explained in the booklet  A Secondary School for your Child in Bath & North East Somerset A Secondary School for your Child in Bath & North East Somerset which is issued to all parents/carers with a child in the final year of primary school in the B&NES area.

While parents have the right to choose a preferred school, the number of places available at that school may limit the choice. Usually Wellsway School is over-subscribed and therefore places are allocated strictly in line with the admission code and our criteria. If Wellsway is your school of choice it is important you put us as first choice on your application form for a Year 7 place.

Please note that applications for places in Year 7 for September must be made through your 'home' local authority and will be dealt with in line with locally agreed procedures.

Appeals timetable

• March: first round of allocations made
• May: second round of allocations made

Year 7 appeals: if you wish to appeal for a year 7 place the deadline for submitting an appeal to 1 April 2020. For applications made in the normal admission round, appeals must be heard within 40 school days of the deadline for lodging appeals. Appeals for Year 7 places are heard from the end of June onwards. The admission appeals process is administered by the Council’s Democratic Services which ensures that it is separate from and independent of the school and the admission authority.

More information about the B&NES appeals process.

Late applications

All applications must be submitted to the child’s home Local Authority (LA) by the closing date of 31 October. Under the Bath & North East Somerset LA’s secondary coordinated scheme, any parents refused a place for the new Year 7 intake may ask for their child’s name to go on the waiting list where the name will remain until the end of the academic year. Any late applicants should complete their home LA’s common application form as soon as possible.

In year admissions

Requests for in year transfer school places are normally only considered approximately six weeks prior to a requested start date. If the place is being sought for a September admission to an existing year group, applications can be made in mid-June.

We welcome and recommend visits from parents and prospective students to see Wellsway School at work, before submitting an application.  Please contact the reception team by phone or via enquiries@wellswayschool.com for further details or to arrange a visit.

To apply for a school place in year, you will need to complete and return the below application form direct to the school.

• Application form (Pdf, 185kb)

In year appeals

B&NES Democratic Services section administers appeals for Wellsway School.  To make an appeal the first step is to complete the appeal form sent to you and return to the school. We will inform Democratic Services about the appeal and they will contact you directly.  The admission appeals process is administered by the Council’s Democratic Services which ensures that it is separate from and independent of the school and the admission authority.

More information about the appeals process can be found in the B&NES appeals information booklet;

• Admissions appeals information

Open days

Each year we arrange an Open Evening and an Open Morning for parents and their children to see the school facilities, meet the staff and students, and to experience the school in action on a typical day. This year our Open Evening and Morning are on the following dates:

• Thursday 26th September 2019 – Wellsway School open evening 6.00pm - 8.00pm
• Tuesday 1st October 2019 - Year 6 Wellsway School open morning 9.05am - 10.45am Please note that this event is a second opportunity to view the school during a normal working day and is intended for families who were unable to join us on the open evening. 
• Tuesday 30th June 2020 - Year 5 Wellsway School open morning 9.05am – 10.45am

FAQs on admissions

1. What policy is used to admit children to the school?

A: The admissions policy is published each year by the school; any changes having been consulted on with the Local Authority and Community. For more information please see our admissions policy (Pdf).

2. What is your catchment area?

Wellsway School has a single area of prime responsibility (APR). We mainly serve Keynsham to the East of the River Chew, Chelwood Village, Compton Dando, Corston, Marksbury, Newton St Loe, Priston and Saltford. We also have students currently on roll from outside of this area in Keynsham, Bristol, south Gloucestershire and other regions of Bath & North East Somerset.

3. How does my child get a year 7 place at the school?

At the start of Year 6, you will be sent a letter about the secondary transfer process and about how to apply for a secondary school place. You apply to your home local authority by the closing date of 31 October, for a school place the next year.

4. When will I hear if my child has got a place?

On 1 March an offer of a school place is made to parents/carers who have applied by the closing date.

By mid March, parents/carers must accept or reject the offer made by the Local Authority.

5. What if my child is not offered a place in the first round of allocations on 1 March?

Although you may not be allocated a place at this point in the process, this does not mean that a place may not be allocated at a later date; there can be quite a lot of movement during the successive allocation rounds.

Parents/carers are asked to reply to B&NES Admissions and Transport to accept or reject the offer of a school made by mid-March.  Some may turn down the offer of a place here in favour of an alternative school. This can result in more places at the school potentially becoming available.  These places will be offered in the second round of allocations.  A second round of offer letters is sent out by B&NES Admissions and Transport in the first week of May

6. How are places at the school allocated?

According to the admissions criteria which are published in our admissions policy (Pdf).

7. Do I need to submit a supplementary application form direct to the school?

Only members of Wellsway School staff (both teaching and non-teaching) applying for a place for their child need to complete a supplementary application form (Pdf).

8. How many students were admitted into Year 7 previously?

• September 2018 - 232 students
• September 2019 - 230 students

Curriculum overview

Our curriculum is designed to be broad-based and balanced to inspire and support students in their progression to Post 16 education and training, then to their chosen career path or destination. We also believe the curriculum has a vital role to play in preparing students for the opportunities, responsibilities and experiences of adult life; to promote spiritual, moral, cultural, social, intellectual and physical development and to promote British Values, for example democracy and the rule of law.

We have a well-developed care, advice and guidance programme to support students at each point in their school career, especially around the time when options are made in Year 9 for Key Stage 4 subjects and in Year 11 for Post 16 pathways. This is enhanced by our vertical tutor group structure that allows for peer to peer support and by events such as our Year 9 Pathways Evening.

Curriculum Policy (Pdf, 465kb)

Essential cross curricular learning

Cross curricular elements, including PSHE (personal social and health education), SMSC (spiritual, moral, social and cultural development), CEIAG (Careers education, information, advice and guidance) and British values, are delivered through the subject content of lessons, the tutorial programme, assemblies and discrete activities for year groups or identified groups of students.

Key Stage 3 curriculum

We believe a three year Key Stage 3 is important to allow students to fully experience a broad and balanced curriculum before they make option choices in Year 9 and begin a more personalised pathway at Key Stage 4.

In Year 7, students are divided into two groups of equal size and equally mixed ability. These two groups are then divided into smaller teaching groups and timetabled separately for lessons in the subjects listed below. 

All students are taught the core subjects: English, Mathematics, Science and PE.

In addition, they are also taught the following:

• Humanities subjects: History, Geography, Religious Studies
• Modern Languages: French and German
• Performing Arts: Drama and Music
• Design, Art and Technology: Product Design, Textiles, Art and Food
• Personal, Social and Health Education (PSHE)
• Computing (as an element of mathematics in Year 7 and 8, then as a discrete subject in Year9)

Key Stage 4 curriculum

Our Key Stage 4 curriculum has been designed to ensure students have a balance of subjects that allows them to move on to their desired pathway at Post 16.

All students study English Language and Literature, Mathematics, Science, PE and PSHE (Personal, Social and Health Education).  Students select a further four option subjects. Details can be found in our 'Study Pathways' guide which we publish in December on this website.  The option subjects currently offered in Years 10 and 11 are: 3D Design. Art and Design, Business, Computing, Dance, Drama, Food, Geography, Health and Fitness, Health and Social Care, History, Media Studies, French, German, Music, PE, Product Design (technology), Religious Studies and Textiles.  These courses are either GCSEs or equivalent vocational qualifications such as Cambridge National Certificates and VCERTs.

We believe homework makes an invaluable contribution to our students’ progress, and so we support them to develop good independent learning habits, either at home or in the school library and use the extremely popular Insight portal for setting homework and supporting students to manage deadlines.

Ability grouping

The majority of our teaching takes place in classes of mixed ability.  However, we do group students in subjects where are there are strong reasons to do so in terms of the curriculum they study.  Mathematics will group students from early in Year 7 and throughout the school.  Children in each year will be divided between a foundation and a higher band, but these groupings remain fluid until Year 11.

Year 9 Study Pathway for September 2019 

• Year 9 Study Pathway Booklet 2019-2021 (Pdf)
• Guidance on making your study pathway choices via the parent portal (Pdf, 275kb)

Outstanding GCSE Achievement for Year 11 students at Wellsway School - 2019

We are delighted that we have maintained and improved on the excellent results from last year, with a sharp rise in the percentage of GCSE or equivalent entries graded at 7 or better from 22% in 2018 to 27% this year, whilst the basics measure for Grade 5+ in English and mathematics has remained steady at close to 60% and over three quarters of students gained 5 or more good passes including English and maths!

 An impressive 7% of all entries achieved a Grade 9 (reserved for the highest attaining students nationally), significantly higher than the national average of 4% in 2018. Particularly pleasing was a significant improvement in the attainment of students across the sciences, including an incredible 30% achieving a grade 9 in Chemistry; 26% a 9 in Biology and 21% a 9 in Physics.

Another Year of Excellent A Level Results for Students of Wellsway School - 2019

Wellsway School has a tradition of excellent Sixth Form achievement. We are delighted that students have achieved another set of excellent results and that Wellsway has maintained last year’s significant improvement in students achieving the highest grades, with over a fifth of all grades at A* or A and 10% of students securing 3 A* or A grades.

Wellsway School’s Sixth Form offers a wide range of opportunities, including the chance to complete the Extended Project Qualification, demonstrating students’ independence, and an impressive 100% of all students who completed the Extended Project Qualification achieved A*-B.

Principal Matthew Woodville said "We are extremely proud of the year group and of their achievements.  These results mean that this talented group of young people will go on to pursue their ambitions in the work place, at universities and colleges, or in apprenticeships and other training courses.  We wish them every success for the future.”

"I would like to take this opportunity to formally acknowledge the focus and determination shown by the Year 13 students to their studies and congratulate them on their success.”

These excellent results are thanks to the hard work and commitment shown by staff at Wellsway School and across the Wellsway Multi-Academy Trust’s Collaborative Post-16 Provision. Thank you to the families of our students and the wider Keynsham community for the support provided.

Matthew Woodville, Principal.

Full details of exam results at Key Stage 4 and 5 can be found on the Compare school performance website.

Headline results for 2019 

Key stage 4 (end of secondary school) results

• Progress 8: +0.30 (0.05)
• Attainment 8: 53.84 (52.2) 
• Grade 4+ (standard pass) in English and Mathematics: 79% (82%) 
• Grade 5+ (strong pass) in English and Mathematics: 57% (57%) 
• Students achieving the English Baccalaureate at Grade 5+: 34% (26%)  
• Percentage of pupils entering for the English Baccalaureate: 53% (51%) 

Key stage 5 (16 to 18) information

• Average A Level grade: C+ (National Average C+)
• Average Academic subjects: C+ (B-) 
• Average Applied General grade: Distinction (Distinction)
• Progress in A levels: To be confirmed (-0.09)  
• Retention rate in A level: 100% (100%) (96%)
• Retention rate in Academic Subjects: 100% (100%) 
• Retention rate in Applied General: 100% (83%) 

Academy Governance Committee

Mrs J Ware - Chair
Mrs D Drury - Vice Chair
Mr D Biddlestone
Mrs C Britton
Mr C Cooke - Staff
Mr A Moir
Mr S Parsons
Mrs H Neal – Staff
Mr M Woodville – Principal

To contact the Chair of Governors please write to Mrs Jane Ware via the school office or email: enquiries@wellswayschool.com FAO the Clerk to the Governors.

Register of interests and attendance record

Governing bodies are required to publish their register of interests which sets out the relevant business interests of governors and details of any other educational establishments they govern. The register should also set out any relationships between governors and members of the school staff, including spouses, partners and relatives. Please ask at the school office if you wish to see a copy.

More information

• Wellsway School Governors' Attendance (Pdf)
• Wellsway School Governors Term of Office (Pdf)
• Wellsway School Governors Declarations of Interest (Pdf)
• Wellsway Multi Academy Trust Governance
• Wellsway Multi Academy Trust scheme of delegation

Ofsted Inspection, June 2019 (Pdf)

Ofsted letter to to parents/carers, 2nd July 2019

• Complaints procedure (Pdf)
• Literacy and numeracy catch up (Pdf, 225kb) 
• Ofsted inspections
• Privacy notice (Pdf, 199kb)
• Pupil Premium Report 2019-2020 (Pdf)
• School performance table
• School policies
• School prospectus (Pdf, 2.5mb)
• Sixth form prospectus (Pdf, 8mb)
• WMAT scheme of delegation (Pdf, 691kb)

Principal
Mr M Woodville

Vice Principal (Teaching and Learning)
Ms S Francis

Vice Principal (Progress)
Mr D Cooper

Assistant Vice Principal
Paul Comber (Student Support)

Assistant Principal (Director of Sixth Form)
Mr B Bray

Assistant Principal (Assessment)
Mr S Hill

Assistant Principal (Culture & Ethos)
Mr S Knowles

Strategic responsiblilities of Senior Leadership Team (Pdf)

The Equality Act 2010 was introduced to ensure protection from discrimination, harassment and victimisation on the grounds of specific characteristics (referred to as protected characteristics). For schools, this means that it is unlawful to discriminate against students or treat them less favourably because of their gender; race; disability; religion or belief; gender reassignment; sexual orientation; pregnancy or maternity.

Under the act, the school is expected to comply with the Public Sector Equality Duty. This requires us to:

• Eliminate unlawful discrimination, harassment and victimisation
• Advance equality of opportunity between different groups
• Foster good relations between different groups

As a public organisation, we are required to:

• Publish information to show compliance with the Equality Duty.
• Publish Equality Objectives which are specific and measurable

Our equality objectives reflect the school's priorities and draw upon available data and other evidence. Careful analysis of this is undertaken in order to ensure that we are working to achieve improved outcomes for different groups.

Our equality objectives are:

• To use performance data to monitor student achievement and respond to variations between groups of learners, subjects, courses and key stages, trends over time and comparisons with other schools.
• To raise the awareness and skills of staff to promote fairness, equality and good relations in the context of their role.
• To provide an environment that welcomes, protects and respects diverse people.
• To ensure that all students are given the opportunity to make a positive contribution to the life of the school.
• To address cultural events through assemblies to increase student awareness and understanding of issues in different communities

Specific tasks relating to these objectives are covered within the school improvement plan.

The school's contact details are:  Wellsway School, Chandag Road, Keynsham, Bristol BS31 1PH
T: 0117 986 4751 | F: 0117 916 1039 | E: enquiries@wellswayschool.com
Principal: Mr Matthew Woodville
Chair of Governors: Mrs J Ware

• The school's vision, aims, values and ethos
• How Wellsway School promotes British values
• School's admission arrangements
• School performance tables
• Results of the parent and carer survey
• Academy Governance Committee (AGC)
• Key stage 4 examination results 
• KS3 and KS4 curriculum
• Key Stage 4 pathways offer (Pending- will be published in December 2019) 
• Sixth Form 
• School policies
• Pupil Premium Report (Pdf)
• School day (Pdf, 169kb)
• Special educational needs

Safeguarding information

• Child Protection and Safeguarding Policy (Pdf)
• WMAT OnlineSafety and Social Media Policy (Pdf)
• Safer Recruitment Policy (Pdf)
• Safer Working Practices Policy (Pdf)

Wellsway Multi Academy Trust

• Scheme of delegation

Wellsway Multi Academy Trust is a partnership of schools which span the Bristol - Keynsham - Bath area that are now working together to provide a high quality educational experience for all students in their care.

More information

• Annual audited accounts
• Memorandum of association
• Articles of association
• Names of charity trustees and members
• Funding agreement (Pdf)