LANCASTER INDEPENDENT SCHOOL FOR ALTERNATIVE LEARNING LTD (FORMERL Y LANCASTER STEINER SCHOOL) TRUSTEES, REPORT AT4D UIYAUDrrED FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 21123 Charity regTstration nurnber. 1066821 Registered company number (England and Wales).. 03364291 1111 *AD671￿0$ 2WOW2024 COKIPANIES HOUSE ¥222 LANCASTER INDEPE1￿z￿r SCHOOL FOR ALTERNATIVE LEARNING LTD FINAIYCJAL STATEMENTS YEAR EIYDED 31 AUGUST 2023 Contents P•ge Charity RefereTKe and Admknistiative Delails Trustees. Annua] Re￿rt Independent Examirters Report Statement of Finaneial AetLVLlies 2to3 Ba]ance Sheet Note5 to the Financial Statements 7t013 LANCASTER INDEPENDENf SCHOOL FOR ALTERNATIVE LEARNING LTD CHARrry REFERENCE AND ADMINISTRATIVE DETAllS YEAR ENDED 31 AUGUST 2023 Ch•rity r¢gi5tration Dumber 1066821 Reglstered Com￿NY Dumber 03364291 (En￿and and Waks) Trustees N l Moeller (Tesi8ned 711 lll022) Gcani D J Barton S A Cadwallender M G Ga]laMegu Registered Dffiee Lancaster Independeni School for Alt¢rnative Learning Lune Ro*J L4ncasier LAI 6QU Independent Ex4min¢r Christine HarwcA)d ACMA A¢¢ounts Matters Ltd White Cross South Road LAI 4XF B*uktrs CAF 25 Kings Hill Avenue West Mallin8 Kent ME19 4JQ LANCASTER INDEPENDENT SCHOOL FOR ALTERNATIVE LEARNING LTD TRUSTEES? ANNUAL REPORT YEAR ENDED 31 AUGUST 2023 The trustees who are also directors of the charity for the purrA>ses of the Comp•)ies Aci 2(K16, present their report with the financial swements of the chariry f¢￿ the year ended 31 Au8￿￿ 2023. The trustees have adopied th¢ provisions of Aceounting and Reporting by Charities". Stat¢meni of Rec4)mrnend¢d Practice applicable to charKties preparing their accounts in accordance with the Financia] Reporting Standard appli￿le in the UK and Republi¢ of Ireland (FRS 102) (effeclive l January 2022)- Incorporation The charitable ¢ompany was inwTporated <)n l May 1997 and commenced trading on th¢ swne date. The charitable company passed a special resolutiot) ot126 May 2017 chan8iThg its name from Ch¢Trytr¢¢s Kind¢rgart¢n to Lancaster Steiner S¢hool Lid. The choritable company p&%sed a special resolution on 31 October 2023 chongin8 Its name from L¥JJcasler Steiner Sthotsl Ltd io Lanwlei Ind¢pend¢nt School for Alternative Ltarning Ltd, this is abbreviated to LISAL. Objttts And aetivitie$ The school's aim is to provide an in5prrational education for all. that will etlable children to have a full experienee of ehildhood, which ean nourish and develop their innate capabilities. helping io ¢reaL¢ p¢ople who are re5rK)nsible free indiwduals. who think Clearly, observe perceptively and xt considerately and eonstwuctively. In sethng our obje¢ti¥es and planning our a¢tiviti¢5 our Governors have given carful o)nsideration io the Charity Commission's geTheral guidance on public benefii and in particular to its supplementary public benefit guidance on adv#nciTh8 education and on fee.¢harging. Our prineiple aims #re-. A nwbjring learnin8envlr￿1￿th￿ valuesthe indivhjual negjsof th¢ thildren *MI SLWKMtstheiranotionai develOpm￿t A byoad and intepalcwriculum that encow4Y59J¥Aned in for lif¢ A key focuson 5LKial and onthh)nal de￿I0￿￿ent of the wpil& Acreativecurriollum *MI te4K)nThleaching￿iCh mib, innatewxities for wDndcr •md tmagination. Our key obje¢tiv¢s for th¢ year included: To build nwnbffs￿dM81W agWaiTthle InC￿e slre8m. To ensurethe welVoeirÉof ¢hl]thenr¥￿nIftg kn the scknl w>5tthe COV￿19 pknic. Public benefit Lancaster Independent SchLK)I for Alternative Ltarning Ltd is a charitable trust which seeks w benefit the public through the pursuit of it5 Stated aims. Our fee5 are set at a level to ensure th¢ financial viability of the s¢hcK)l. Our Fee Assiswice Scheme en5ure5 that many families as we Can r¢&wnably award reduction5 to are able to 4¢¢es$ the education the s¢hool off¢r5. Our schcol welcomes pupi15 from all background5. An indiwidual's ¢¢onomkc status. Bender, ethnicity. race, religion or disability do not fonn part of our assessrnent pro¢¢ We are an equal opportunity OrganiS￿l0n and are cornmitted to a working environment that is free from discrirnination on the grounds of Tac¢, ¢thnicity, reliEion, sex. sexual orientstion, disability, pregnan¢ylmalernity, &8e or rnaritalltivil partnership status. W¢ will mad¢ reasonable adju5tmettts ts meet the need of staff or pupils who becorne disabled. Our %hool is committed to safeguarding and pr￿n0t￿n8 the welfare of our pupils expe¢1 all staff and volunte¢rs to share thi5 tt)mrnitment. Th¢ trustees coThfLrnI that they have complied with the requirements of section 4 of the Charitie5 Act 2011 to have due regard to the public beTrefJt Buidance publishcd by the Charity Commission for England and Wales. LANCASTER INDEPENDENf SCHOOL FOR ALTERNATNE LEARNING LTD TRUSTEES. ANNUAL REPORT YEAR ENDED 31 Aucusf 2023 Aehievemetsts lfjd perfom#ntt Charilgble adivlhc¥ In 2022-2023 the sch￿] had 19 pupi14 ihere were 26 in the yetr befo Objtetlves of the year It is of great u¢dit to all our stsff, pupils parents and supporters ihat in May 2023 the school was rated GOOD by Ofsted. This is an enornious ￿hl¢vement for a small. independent school with an alternative approach to learning. We e committed in the ￿ming year to cornpleting the documeniaiioD of our Clrriculum in order to ensure 8 quality experietLCC for all our pupils in the ye￿$ ￿ come. aTrJ ￿ continue to build a sustainable, forward-looking learning ¢ommunity 108dher. FinaTrcixl review The charity's major sour¢¢ of income is schc4)I ftts. Reserves policy The charity has a reserves p)li¢y which is to strive to rnointain balances at a level equivalent to approximately threc months. expenditure Isct at £30,(J)O for 22123). This is reviewed annually and adjusted for in¢rease$ in costs. Fr¢e r¢serve$ at ihe year-end wer¢ £13,687 {2022-. £22.349), which is FKlow the re￿rnmended amount. bui ihe trustees have laken st¢PS W) increw the r￿￿¢$ in th¢ current year and th¢ ￿SItIOn is improving. Strnctur& governan¢¢ •nd m•n¥Jg¢m¢D¢ Gov¢rning docurnent The orgonisation is a chariiable Company limited by guar8nt¢e, incorporated on l May 1997 and regisiered as a company on l May 1997. The company w&$ e5tsblished under a Mcmordndum of AsWGi*tion whi¢h estsblish¢d the objects and w)wers of the Charitable cornpany and is governed under its Arti¢les of A5￿)c1ati0n. R¢cruitme•t *Dd 8PPOiDtment of trYstee5 Trustees are recruited from pzrents and friends of Lancaster Independent School for Altern￿•¥£ Learning. Potential irus¢e¢s are proposed to the AGM for membership of Council. Trustee5 can bE C<>dOPted betwcen AGNqs if oumbcrs on Council fall below the required level bui must either stand down or 5thnd for eleclion at the next AGM. A third of elected trustees are required to stsnd down by rotation at AGM. Org*ni5ational structure The org8ni5ation consists of a 5cniorgovemance team made vp of the cOmp￿Y trusiees ond r¢pr¢s¢Mtstives of staff. The trumees condud an ongoing r¢vi¢w of the major tasks in which the charity is involved and reviews the systems in plaee to mitl8atc any risks involved. Intern￿ risks are minirnised by the implem¢ntaiion of proc¢dures for authorisalion for all transaction$ and external risks by secure inveskncnt. Induttion and training of new ¢rnsttts New trustees ar¢ provid¢d with an infomiation pack and indudion al￿t theirrole and reswnsibilities as Trustees and Company Directors. This report has be¢n wepaT¢d in 8¢¢rydance with the spxial provi$itins of Part 15 of the Companies A￿ 2006 ￿latIn to small companies. Approved by order of th¢ board of tyumees on 2024 and sigD¢d on its behalf by-. 27 Jun 2024 C#briella Cani, Trnstee LANCASTER INDEPEI¥DENf SCHOOL FOR ALTERNATIVE LEARNING LTD JThDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF LANCASTER INDEPENDENT SCHOOL FOR ALTERNATJVE LEARNll¥G LTD YEAR ENDED 31 AUGUST 2023 I report to the tharity Irustees on my examinati4)n of the Wiuntsof th¢ charity for the year ¢ndd 31 August 2023 which ar¢ sd oui on pages 5 to 13. Responsibilities And basis of r¢port As the charity's twstees you arc rcsponsible ftsr the preparation of the ar￿UnIS in accordance with the requirements of the Charitie$ Act 2011 {'thc Art'l. I report in respe¢1 of my ¢xarninaiion of the charity's a¢¢ounts carried out undcr sxtion 145 of the Act and in carrying out my examination I have followed a]1 the applicable Direciions 8Lven by the Charity Commission under section 145151(b) of the A¢t. Independent examine￿$ thttment I have ¢ompl¢ted my ¢XamIn￿l00. I confimi that no material matters have C4)m¢ w my attention in conne¢tion with ihe ¢xamination givin8 me cause ty b¢li¢v¢ that in any materia] resp￿1.. unting rea)rds wve tMxkept it) resFea oftheth*ity a$r￿￿￿?1bY 130ofthe A¢ l theaca)untsdo ￿t￿0)rd with thsere(xxdf or 3. theaccoLntsth> [K*￿￿p]Y withthe aFvIic2blerqubremw 0)r￿eMingthe forni and contyrtof8cwunts wout in the ChaTiti'es{Accowits and Retx)rts) Re￿]*1￿&20]S ¢xher than any r4uiremeTht thatthe axoyntsgiv¢a'tye and fair view, which is mater ￿n￿de￿I￿S partofan iTwkFrKlentex#miTthtKm. I have no coneenjs and have ¢om¢ across rto other matters in o)nnefflion with the examin￿lon to whith attention should be drdwn in thi5 reix)rt in (Kder to ¢nable a proper understanding of the accounts to be reached. Signed.. Christin¢ Harwood ACMA Chartered Institute of Management Accountsnts Accounts Matters 7-1-10 Cameron House While Cross South Road Lancaster LAI 4XF LANCASTER INDEPENDENf SCHOOL FOR ALTERNATNE LEARNING LTD STATEMENT OF FINANCIAL ACTIVITIES {tYCORPORATING AN INCOME AND EXPENDITURE ACCOU YEAR ENDED JI AUGUST 2023 2023 2022 Unrethaed Restricted funds funds Tota] Income from: Donation5 and le8acies Activities for genernting funth.. Educaiion 840 840 2.042 136.870 136.870 144,849 Invesiment incom¢ Grant in¢ome Other trdding income Total income 6.539 279 428 144.956 6.539 279 428 144,956 1,641 135 2,445 1S1.J12 Expenditure on: Costs of generating fund5: Other trading activities Ch*ritsble attiviti¢s: Eduration Total eipenditure 78 250 149.843 149,921 149.843 149,921 172,956 173.206 N¢t in¢ome l (expenditure) (4.966J (4.966) (22.094) Re¢on¢iliation of [￿￿{￿.. Total fund$ brought forward 23.738 23.837 45,930 Tot*1 funds e*rritd forw*rd 18.772 18.871 23,837 All incorne and expenditure derive from CODiinying a¢tivitie5 and all wns and10s5es r¢cognised durin8 the year are included ab)ve. LANCASTER INDEPENDENf SCHOOL FOR ALTERNATIVE LEARNING LTD (Company number 03364291) BALANCE SHEET YEAR ENDED 31 AUCUST 2023 2023 Unrestricted Restricted fimds fvnd5 2022 Fi%ed assets Tangibl¢ assets 5.086 5,086 1,488 Currertt Au¢ts Stocks D¢btor3 Cash and bank 12 13 500 3.338 15,719 24.643 500 3.338 15.818 24.742 500 4,128 21,300 27,416 99 Creditors Amounts falling due Wbthin one year 14 (5,870) (5,870) (3.S79) 1&773 99 18.872 23,837 Funds Unrestricted funds Restricted funds 15 18,773 23.738 99 18.8n 23,837 i) the company entitled to exemption from a￿111 under seGtiOD 477 of the Companies Act 2006 relatsng to small tompanies" ii) the members h*v¢ not required the company to d>tain an audit of its accounts for the year in question in #ceordance with section 476- IILI the directors acknowled8e their responsibilkty for complying wth the requirements of the Companies Act 2006 wilh respect to accounting records and the prtparntion of accounts. 27 Jun 2024 The financial statements were approved and autlbjrised for issue by the Board on Signed on behalf of the board of trusttts & ￿.. Gabi Cani- Trustee The notes on pages 9 to 13 fowm part of these finaTKial $tatements.