Christian Fellowshi School Trust Limited b Guarantee Trustees, Re ort and Financial Statements For the 31"Au ear ended ust 2024 Charity Registration Number: 1079325 Company Registration Number.. 3906000 11111111 *AE2JNOZK' 1410512025 COMPANIES HOUSE A14
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Christian Fellowshi School Trust For the ear ended 31 Au ust 2024 Contents Page Contents Legal and Administration Directors and Trustees, Report 3-11 Independent Examiners Report 12 Statement of Financial Activities and Income and Expenditure Account 13 Balance Sheet 14 Notes to the Financial Statements 15-22
Christian Fellowshi School Trust For the ear ended 31st Au ust 2024 Chari Information Charity Iyame: Christian Fellowship School Trust (Limited by Guarantee) Charity Registration Number: 1079325 Company Registration Number: 3906000 Governing Document: th Memorandum and Articles of Association dated 13 January th 2000 as amended on the 24 August 2000. Registered Office: Overbury Street Liverpool L7 3HL Directorsryrustees: W.F. Sopwith J.L. Oliver M.D. Lewis Head Teacher: R.O.F. Boulton Independent Examiner: Samantha Sutcliffe, FCCA Torevell Dent Ltd 1-3 St Ann's Place Pellon Lane Halifax HXI 5RB Bankers: Co-operative Bank plc Business Direct P.0. Box 250 Skelmersdale WN8 6WT
Christian Fellowshi School Trust Trustees, Re ort For the ear endin ust 2024 The trustees, who are also directors for the purposes of company law, present their annual report and the financial statements for the year ending 31 st August. 2024. Reference and Administrative Details The details are set out on page 2. Trustees The trustees who served during the year are as stated below: W F Sopwith M D Lewis J L Oliver. The directors meet at least ten times a year. Audited accounts are approved on one of these occasions. Structure Governance and Mana ement Governing Document The charity is a company limited by guarantee governed by its Memorandum and Articles of Association dated 13th January, 2000 as amended on 24th August 2000. It is registered as a charity with the Charity Commission. Appointment of Trustees The directors of the company are also charity trustees for the purposes of charity law and under the company's articles of association and are kno as the board of directors. Under the requirements of the memorandum and articles of association. trustees are eligible as the board of directors, to appoint additional trustees. The board of directors appoint non-executive directors to work with the board in specialist operational support roles. The non-executive directors are invited to attend all board meetings. The number of members of the board shall be not less than three and not more than nine. Trustee Induction and Training New trustees are required to undergo training to brief them on their legal obligations on the charity and company laws; the content of the memorandum and articles of association. the committee and decision- making process. the business plan and recent financial perforn)ance of the charity. Trustees are encouraged to attend appropriate external training events to facilitate the undertaking of their role. Organisation The directors and non-executive directors run the school together as a board of governors. The governors are responsible for the fom]ation of the policies and practices of the school. The govemors then delegate responsibility for day-to-day management of the school in accordance with the set policies and practices to the head teacher with full support of the principal and senior leadership team. Related Parties The school has relationships with other educational organisations in the UK, including the Christian Schools, Trust (CST) which provides resources and expertise in terms of developing and delivering a Christian curriculum. Risk Management During the year, we reviewed the risk related policies of the charity, such as: Risk Assessment, Accidents, Health and Safety, Fire, Safeguarding, Staff Training and Induction and Legionella.
Christian Fellowshi School Trust Trustees, Re ort For the ear endin ust 2024 Ob'eetive and Activities The object of the Company is to promote an education based on Christian principles for children aged four to sixteen. The Company aims to support Christian families in the nurturing of their children and their forn]al education. We consciously keep our school fees as low as possible by means of a bursary scheme based on affordability so that the school is accessible to everyone. The school aims to promote a vision and understanding of Christian Education both in the UK and elsewhere so that as pupils move on to further education and adult life, they will have an appreciation of how to apply their faith, being equipped to serve as global citizens. This requires the development and provision of a comprehensive approach to teaching that combines a clear and distinctive Christian world-view with a Christ-centred curriculum. Some of the policies the school implements to achieve its aims include: Promotion of the values of a Christian home. Promotion of a proactive culture of partnership and mutual respect, with support and collaboration between staff, parents and children for the benefit and success of pupils and the whole community. this is reflected in the Parent and Educational Team Agreement, which is actively communicated during the admissions process. The application of the principles of Christian values throughout the teaching and leaming process. A system of nurture and direction of the children that includes Christian love and discipline. Training of staff and supporting school famil ies to engage with pupils in the outworking of a Christian world-view within a contemporary society and culture. Setting up financial structures that will enable the school to achieve its goals with the resources available. Communication of the aims and purposes of the school amongst the wider community. Achievements and Performance durin Leadership The board of directors of Christian Fellowship School (CFS) Trust is an agile team of tluee, who additionally serve as members of the board of governors - this integrated and flexible leadership team works directly with the head teacher and principal, to lead in specific roles of: finance, infrastructure, education, curriculum, parent collaboration, safeguarding, and staff welfare. The head teacher is supported by a principal who was appointed in 2020 on an interim basis to support the operational activities of the school. the ear Inspection Our last full inspection was by Ofsted in May 2019, at which time the school's overall effectiveness was Ih judged to be good, and personal development, behaviour and welfare was judged outstanding. On 8 June 2019 the school joined the Independent Schools Association (ISA), and future inspections are being conducted by the Independent Schools Inspectorate (ISI). ISI conducted a Regulatory Compliance Inspection (RCI) in June 2023 and the school was judged to meet the standards in the Schedule to the Education (Independent School Standards) Regulations 2014, and relevant requirements of the statutory framework for the Early Years Foundation Stage, and associated requirements. The next Routine Inspection will be our first under the new ISI inspection framework. It will evaluate how well the school
Christian Fellowshi School Trust Trustees, Re ort For the ear endin ust 2024 meets the statutory requirement to actively promote the wellbeing of pupils, as well as assess our compliance with the Independent Schools Standards regulation. We expect this inspection to take place during the 2025-26 academic year. Infrastructure The directors began to consider the long-terni maintenance challenges of the school buildings in 2011. Following a full assessment of options (including a full rebuild), a plan to refurbish existing buildings was initiated in 2016. This was amended in response to the COVID-19 pandemic, to emerging priorities and to opportunities to upgrade the environmental credentials of the site. To date (including 2023-24 works) the refurbishment includes. replacement of the front elevation windows and facade. with repairs to others as necessary, refibishrnent and insulation of the roof, including installation of solar panels significant upgrading of the electrical circuits to prepaie for future updates to heating and lighting installation of an outdoor trim trail, an area resurfaced for games use and an outdoor classroom complete refurbishment of Reception and Year l areas, including structural repairs to concrete beams. As part of the school's energy efficiency strategy, we installed 33kWp of solar panels on the tower roof in February 2023. This has reduced the electricity load supplied from the utility network and hence the schools electrical running costs. Continuous Professional Development {CPD) Members of staff are supported in their continuous professional development by means of a performance management system. The governors review the perforn]ance and development of the head teacher and principal annually, measured against agreed objectives, which reflect the whole school development plan. The head teacher and principal ensure that their objectiv¢s (together with individual personal objectives) are cascaded to the senior leadership team, who furtlier take responsibility for the perfomiance management of the wider staff body, curriculum development and pupil progress. Professional Develo ment: Year endin 31st Au ust 2024 Staff training from a Christian perspective was delivered throughout Inset Days (12 this year) & weekly staff training sessions. A proportion of the time during inset days was spent on looking at the school vision, developing as a worshipping, prayerful community & curriculum development. These wilE continue to be developed. Additionally, some in-service time was spent on SEN, Health & Safety, Fire Warden training, Safeguarding, Welfare, RSE, Teaching & Learning, Planning & Classroom preparation. School Based Inservice Training 4th, 5th & 6th Sep- Vision, Priorities and goals, Teaching and Learning: New resources for planning and developing pedagogy, Pupil Asset (MIS system) registration, Safeguarding> Trauma-infornied pastoral care, ALPS: Social communication interventions I Ith Oct - CPOMS report writing protocols, Fire drill review, Safeguarding, Pupil Wellbeing, Behaviour, Trips and Visits procedure, Worldview and curriculum material workshop, TTRS, Breaktime: opportunities and risks, Beat Dyslexia 19th Oct - Ten:Ten RSE, Accident Review and First Aid procedure, GDPR, Worldview and curriculum materials, Zones of Regulation, CPOMS: Report writing workshop 4th & 5th Jan - RSE, Pupil Asset (digital register), ALPS: Calming sensory techniques, Subject team meetings, Zones of Regulations and review, Classroom cloud as a monitoring and teaching tool, Lower Scholl TAS Digital skills.
Christian Fellowshi School Trust Trustees, Re ort For the ear endin 31" Au ust 2024 I I th & 12th Apr - Safeguarding update, Prayer & worship development, Behaviour incidents review & actions, Head injury policy, RSE 3rd & 4th - June - Subject team meetings, Prayer workshop, Lower School: Strategies to support emotional regulations in SEND pupils, Middle School: Report writing, Behaviour policy review Additional school-based Training Safeguarding Induction - 12 staff New Staff Induction - I I staff Pupil Wellbeing: preparing children to respond to trauma - 22 staff Higher Order Thinking Skills - I I staff Interlearning - 15 staff Supporting parents to safeguard children online - 32 staff Fire Safety Awareness - 47 staff Heritage School Cascade: Narration - 30 staff Oracy - 20 staff Role playlrehearsal financial education - 26 staff Training courses by outside agencies NSPCC - Safer Recruitment in Education - I staff School Improvement Liverpool (LA) - DSL and Deputy Safeguarding refresher - I staff Virtual College Ltd - Operation Encompass: Key adult briefing CAMHS - Understanding behaviour as communication - I staff The Autism Training Network - Pathological Demand Avoidance Programrrie - I staff HM Govemment - Prevent awareness - I staff Tiger Lily - Emergency First Aid at Work] Full Paediatric First Aid - refresher - I I staff Peninsula - Latest employment law updates - I staff Peninsula - HR Essentials - I staff MHFA England - Adult MHFA Refresher course - I staff Judicium - Health and Safety, Managing Contractors - 2 staff Liverpool Training Solutions - FAA Level 3 First Aid at Work (RQF) - I staff LGfL - Safeguarding training for school governors - 3 staff HLT A National Assessment Partnership - Higher Level Teaching Assistant Status - I staff HM Government - Prevent referrals course - I staff School Improvement Live001 - DSL Enhanced Prevent Awareness - I staff NHS - Mental Health in Children- I staff NSPCC - Safer Recruitment in Education - I staff Judicium Education - Writing and delivering effective EHCPS - I staff Home Office - Update on evisa roll out - I staff TigerLily - Emergency first aid at work/ Full Paediatric first aid - 22 staff NCFE Cache - NCFE Cache Level 3 Diploma in counselling skills - I staff
Christian Fellowshi School Trust Trustees, Re ort For the ear endin ust 2024 Specialist subject development courses SCIENCE - Royal Society of Chemistry - Transforming Sleep-with the Chemists, Community Fund MATHS - NW3 Maths Hubs and NCETM- ULMAS KS4 to KS5 transition- 2 staff MATHS - BDA - Support students with Dyslexia, Dyscalculia and other SpLD - I staff ART - AQA - GCSE Art and Design: Teacher standardisation 202312024 - 1 staff ART - London National Gallery - Life drawing - I staff ART - The Northern School of Arts - Develop Art Sketchbooks - I staff MATHS - Liverpool Maths School - KS4 to KS5 Transition - I staff MATHS - MAGT Trust - Developing a more able gifted and talented programme - I staff. 2024 GCSE Results Attainment 8 Our Attainment 8 score (based on the best eight GCSE grades) has improved to 69.6 from 62.9 last year. By way of comparison, DfE published data shows CFS had the highest Attainment 8 score of all non- selective Liverpool schools, scoring 12.5 points above the next highest-ranking school. 890/0 of our students achieved strong passes (5 or above) in English and Maths compared with 870/0 in 2023. 70 % in 2022, 770/0 in 2021, 82 % in 2020, 100% in 2019 and 83% in 2018. EBacc This year 89 % of students were entered for the EBacc suite of subjects (two sciences, a modern foreign language and a humanities subject, in addition to English and Maths) - compared with 570/0 in 2023, 77 % in 2022, 620/0 in 2021, 76 % in 2020, 880/0 in 2019 and 830/0 in 2018. Our anticipated average EBacc point score (including all pupils in the cohort) is 6.6, compared with 6.8 in 2023, 6.1 in 2022, 6.7 in 2021, 7.1 in 2020, 6.8 in 2019 and 5.9 In 2018. For comparative purposes, our average point score of 6.65 was the highest average point swre in non-selective schools in Liverpool, 1.44 points above the next ranking school. At CFS, our priorities are spiritual and character fonnation. However, we continue to be thankful that in seeking first God's kingdom, our pupils also make good educational progress and attain at a high level academically. All Core Subjects (0/0 Wlth Passes at Grade 4 or 5) In analysing our perforniance in the core subjects, we note that each year's cohort is numerically small compared to most other schools, meaning that one pupil can make a significant difference (this year, up to I I percentage points). Also, cohorts can change significantly from year to year in terms of whether they are biased towards academic subjects or towards creative and practical subjects. This makes year-on-year comparisons less valid than in schools where student numbers are greater and the cohort profiles less variable.
Christian Fellowshi School Trust Trustees, Re ort For the ear endin ust 2024 In 2024 achievement in core subject GCSES was slightly higher than previous years. All students achieved at or above their target grades and the majority have scored on average more than one GCSE grade above their target. Our detailed analyses indicate that both academically able pupils and those whose bias is towards more vocational areas are achieving well. 2024 2023 2024 2023 Grade4 Grade4 Grade5 Grade5 or higher or higher or or higher higher 890/0 890/0 Maths English Language English Literature Science Trilogy Biology. Chemistry. Physics. Religious Studies French* History PE Short PE Full loo% I OOO/o 96% I OOO/o 910/0 IOOO/o 780/0 680/0 I OOO/o i ooo/ loo% 910/0 67% 76% 86% 87% 830/0 loo% 88% loo% loo% I OOO/o I OOO/o I OOO/o * Figures based on the percentage of students who studied the subject Flexi-ed Subjects This cohort contained some particularly able students who challenged themselves by taking on extra subjects. The Level 2 C¢rtificate in Further Maths was attempted by three pupils (average score 7.3) and pupils with a first language other than English were offered the opportunity to take a GCSE in their first language (average score 9). Parents and Friends Collaborative (PFC) During the academic year, Governors continued to develop a sense of community and developed school initiatives. Two in-person PFC meetings were held, providing an opportunity to engage with a wider school community and communicate key development and planning activities. These included subjects such as refurbishment of the buildings, safeguarding, online safety, fundraising, volunteering, community engagement and curriculum development. Pre-school, Parents in Partnership Trvith School (PIPS) PIPS continues to be one of the key vehicles for new families to join our school community and move on into full-time education in Reception. The group norn]ally meets twice a week. PIPS aims to: Offer parents and their pre-school children regular opportunities to play, fellowship, explore aspects of Christian parenting, supporting each other, and having age appropriate slots for teaching bible stories, singing and praying with their children. Introduce families to the distinctive vision of school. 80 % of PIPS children join the school as pupils in Reception.
Christian Fellowshi School Trust Trustees, Re ort For the ear endin ust 2024 Gifts and Donations Received A large number of sundry gifts and donations were received by the school during the financial year, totalling £90,631. This provided an opportunity to invest in building repairs, fixtures and fittings, and ongoing investment in technology to support digital learning. Loans In support of the renovations of the school buildings, there are a number of families and businesses associated with the school that have made loans to the school. Public Benefit The directors and govemors are continually considering the opportunity of making the school accessible to many, and also that some of the school's focus and activities are of benefit to others outside the school community. The school building and faci lities are used by local communities for activities such a5.. Church conferences and community sports clubs. One local Church uses the school building for their Sunday services. Regular clothing collections are made for Second Chance Charity Sliop and the work of Asylum Link (ALM) and Bridge2 are supported through collections and a food sliop for Asylum seekers each Deceinber. The Equipped to Serve prograniine in Upper School is desigiied specifically to equip young people to beconie active citizens who are growiiig in and displaying Christian values. Examples of projects are: Upper School classes are actively iiivolved in the Reverse Advent Calendar campaign, supporting the Liverpool Micah Project Food Bank We continued to re-establ ish tlie annual exchange prOgrrne with a school in the Netherlands (also involving the sharing of teaching expertise and citizenship values between staff of both schools). Once again year l O pupils joined a residential field trip volunteei'ing at Foxearth Meadows, an environmental resilience project li) Sutyolk. Pupils learnt coppiLiiig, liedge building and environmeiital monitoring whilst also creating decorative signage for tlie site for the benefit of visitors Local enterprise visits enabled pupils to quiz business leaders aiid grow in their understandiiig of the central role of SMES in the city's economy. Financial Accessibility Fees are as low as possible, to enable access to a wide range of families. The staff in effect supplement the school's income by taking very low salaries. Some work voluntarily or offer voluntary days. An independent committee manages a hardship fund for families in financial crisis. The school administers a sponsorship scheme to help with fees in specific cases such as asylum seekers. A range of bursaries of up to 750/0 are offered to families with low incomes. The fee structure reflects reductions for siblings.
Christian Fellowshi School Trust Trustees, Re ort For the ear endin ust 2024 Financial Review The results for the year are set out on pages 14 to 22. Investment Powers and Policy Under the memorandum and articles of association, the charity has the power to invest in any way the trustees deem appropriate. The directors have established a policy where surplus funds, which are not required for the day to day running of the school. are invested in a deposit account with the company's bankers. Reserves Policy The directors have established a reserves policy aiming to have free reserves to cover six months of expenditure. Grant Making Policy The directors make grants to deserving causes in response to specific requests made to them. Plans for Future Periods The trustees are continuing to work with the governors and head teacher to establish the school to be thriving and sustainable for the next 30 years and accessible to more families. The school development plan was regularly reviewed during the 2023-24 academic year and specifically updated with feedback from inspectors provided in June 2023. The primary objectives of the plan are to grow the school to capacity, to develop the curriculum and continue to strengthen the quality of teaching to ensure outcomes continue to improve, and to rerbISh the school buildings - improving their energy efficiency and maintaining a safe and positive learning environment. In July 2023 the school commenced a redevelopment of some of the lower school classrooms remodelling these areas into purpose-built classrooms and support areas. This development further increased the thern]al efficiency and energy perfonnance of the building which is moving the school towards the target of reducing our overall energy costs. There are further plans moving forward through 2024 to upgrade upper school classrooms, modernise the building management controls and renew the rear of the tower block facade. As we continue to welcome new families with English as a second language, many new to living in the UK, we are equipping our staff and community with skills to relate cross-culturally and adapt our educational approach as far as possible to integrate these families. Of particular note is progress in broadening the scope of the curriculurn to embrace a greater cultural diversity of topics. 10
ChristiAn Fcllow8hi Schnol Trust TrusteL8' R¢ Fnr Ihe CRr cndin 3111 Ali list 2024 Trusieul Roiponsib51ities in Reltttitsn In tho It"in&neiMI StAtcment Compllny ond Chtirily Juw rL'quircs the trustees to prepa financial siaiemcnLs for each fintm¢ial ycar wliich give a truo ond fair vicw of ihc statc of ll.ffair$ of the company and of its surplus or deficil tor thaL ycar. In preparin8 these finAncial siatcrncnls, th¢ tnistces arc r¢quited io; sclect siiilnblc accounling policies und then £wply thcm consisterttly mak¢ jud8m¢nts and cstimates that Are reasonable and prudcnl • .stalc wlicthcr applicablc Accounting Siondards ond SthiL'menls of ReCommCnd Pfa¢tic¢ have bcen followed, subjcct lo IY dopartur6's disclos¢d dnd ¢xplained in the fin8n¢ial stalcments ppr¢ thc finanGioI sthtcmL'nL¥ on the 80inB concern basis unle5S It Is inapproprialc to prcsume thal the company will continuc in busincss. Thc iNslccs ar¢ rcsponsihlc for kccpinB propL'r accounting tecords which dis¢losc with re&80ttablc occurocy ot any timc thc finonciol position of th¢ compnny #nd to ¢nablc thcm io ensurc Ihat thL finartcial siatcmcnis comply with thL Cvmpunies AL't 19¥5, I'hcy arc also r¢sponsible for %afL'8uardin8 thc ags¢ls ol. the company and hcnce for taking rcasonobl¢ slcps for thc prtvcntion and dctc¢tioJ of fraud. and othLT trrC8uIlLlQ8. In ac¢ordancc witli Company l.aiv, &s thc complltsy's dircctors, w¢ c¢rtify tbtst: so far ive are awarc, there is no relev1 uudil infomiatson of whicli thc auditors are unaware; • as ljie diffclors of thc company, WL h¥vL' othLn 811 ihL' slcps tliol we oughi to havc tskcn in ord¢r to makL' oursclvcs awarc of any r¢lr.vnnt nudil infpmialiort and tts ostabliyh thai thc Charity's auditors arL' ewurc of thal infomiaiion. Siittmeiit s t Di.scln¥urL' Iifinftsrffl¥tiun t iidit ,80 far &8 the trvslees qV¢ aivurc, thcrc is iio relevant audit infonnation (tts dcfu)cd by SLction 418 of thc COmpaw Act 2006) oFwbich thi compuny s uuditor is utiDwarc, and eu¢h tn15lcc has taken thc st¢ps that ousht to hav¢ lak¢n as a trustLL in ordec to mak'e thems¢lvcs of uny rL'I6vdnl audil infomiation and lo &8lablish thal thc ¢ompaiiy'$ 4udilor is yWdrL' of thal inf(>mialion. grt 20ts- Thss rL'pori iv8¥ apprnvLd by thc Doard of Trusl¢es on . and signcd on ils bchalf by., M D LowiJ I'rustcc
Inde endent Examiners, Re ort to the Trustees of Christian Fellowshi School Trust Charitable Com an For the ear endin ust 2024 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purpose of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. Independent examiner's statement I confirni that l am qualified to undertake the examination because I am a member of ACCA, which is one of the listed bodies. I have completed my examination. I confirni that no rnatters have come to my attention in connection with the examination giving me cause to believe: l. Accounting records were not kept in respect of the Company as required by section 3 86 of the 2006 Act. or 2. The accounts do not accord with those records. or 3. The accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination. or 4. The accounts have. not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland (FRS 102]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. antha J Sutcliffe (F.C.C.A) Torevell Dent Limited Chartered Certified Accountants 1-3 St Ann's Place Pellon Lane Halifax West Yorkshire HXI 5RB Date: .. 12
Christian Fellowshi School Trust Statement of Financial Activities and Income and Ex enditure Account For the ear ended 3151 Au ust 2024 Unrestricted Restricted Funds Funds Total Funds 2024 2023 Income Income and endowments from Note Donations and legacies 106,371 106,371 131,389 Charitable activities 858,314 936 858,314 936 749,362 1,169 Investment Income Other 2,401 2,401 920 Government Grants Total 968,022 968,022 882,840 enditure Expenditure on Raising funds 1,761 1,761 1,211 Charitable activities 997,263 997,263 867,057 Other 9,293 9,293 6,055 Total 1,008,317 1,008J17 874,323 Iyet (Expenditure)/ Income (40,295) (40,295) 8,517 Transfers 17 662 (662) Net Movement in Funds (39,633) (662) (40,295) 8,517 Revaluations 17 Reconciliation of Funds st Funds brought forward at I September 2023 261,418 697,111 958,529 950,012 Funds carried forward at 31$¢ August 2024 221,785 696,449 918,234 958,529 There are no unrecognised gains or losses. The notes on pages 16 to 22 fomi part of these financial statements 13
hristiRn chool Tru, P&lllnec Shect As At 31Jl 118t2024 2024 2023 Note Fix¢d Assets Tan8tblc Ass¢ts 12 1.550,720 1,365,880 Currcnt Algels Stocks Dcbtors Cash al bank ond iti hond 13 14 6,790 63,456 86.804 5,588 21,102 65,292 Total Current &ssel¥ 157,050 91,982 Creditors AmounLs falling duo Ivithin on¢ y¢Ar IS (165,257) (499,333) N¢¢ Curreml Aset8 (8,207) (407,351) CrLdilors Amounts fnlling due nfter ono Y1r Is {624,279) 'rotol h'L.t A&sets 918234 958,529 Fund$ Unre8trictcd Restricted 221.785 696,449 261,418 697,111 16 918,234 958,529 Thc L'ompThny is eiilillL.d lo ¢xempiion from 8udil tsndct Se¢lion 477 of ih¢ L'oiibpani&% Act 2006 for tho yetsr ended 3111 Au8usI 2024. Thc mcmbcr% bav¢ nol. r¢qui1 thL ¢vmpnny io oblnin fin iiidil of ils. finlln¢io1 ststcm¢nts for thc yw ¢nded 314 Auuub(2023 in a¢i0rdiin ivilh SLclion 476 of IliL' C'ompnnlS A¢1 ?QO6. llic dir¢ciofs i¢knowltAlbiL Ihoir r¥sponsil)ilili¢s for.. (a) ¢nsurin8 tli¢ coiiipai)y k.p5 ucLounlinB fL.co5 ivhirh comply ivith beclions 3¥6 and 31J7 of th CompaniLS ALt 2006 and prcpnring finilllGilll strtL'inents ivhich give H IIIIL. wnd fttir vi¢¥v of Ibc slat¥ ofatrairs of tlio ¢ompany as at thc end of ¢a¢h finunciAI y¢rir aiid of ils proftt or loss for each fi114nciAI year in a¢rortlanco with thi. r¢quirenicftts of Sc¢iion 394 and 395 wliikh uiliLr¥visc cvinply wilh iliL' rLqUittj(,nts of Conipani¢s Acl 2006 r¢luling to financii?I sthtemcnts, so far 0.5 npiili¢8blc to thc toinpanj,. (b) Thcse financiDI stsicm¢nts have bLen prcparcd in o¢cord8iic¢ willi Ihc.8pc¢ial provisions ofpart 15 ofthc Con?paniL's Act 2006 relali#8 to smoll comp¢llDI¢S und wslh Ihb fin8nGinl Ruportin8 SlandEwrl {SOTiP) 102 (L'(fLctiv¢ Junuury 2015) ApprovL,d by thi Tst&le$ on . . and s18n on thLiT k,Iiuifby'. - I D L¢wis Direttor aod Trusli'e 'lThc Doles on pagcs 16 io 22 form part of th¢s¢ financial slalemcnts 14
Christian Fellowshi School Trust Notes to the Financial Statements For the ear ended 315t Au ust 2024 l. Accounting Policies The accounts have been prepared in accordance with applicable accounting standards, the SORP FRS 102, Accounting and Reporting by Charities, 2005 and the Companies Act 2006. The accounts are prepared under the historical cost convention with the exception of the valuation of certain tangible fixed a55ets and are in accordance with Charities SORP (FRS 102). Funds General funds represent the funds of the charity that are not subject to any restrictions regarding their use and are available for application on the general purpos¢s of the charity. Funds designated for a particular purpose by the trustees are also unrestricted. Restricted funds are funds subject to specific conditions imposed by the donors or through the ternis of an appeal. Turnover Turnover comprises the amounts receivable in respect of grants, donations, subscriptions and the sale of goods to customers, inclusive of Value Added Tax. Donations, legacies and other income Donations received by way of grants and gifts is included in the Statement of Financial ActivitÉes in the year in which it is received by or on behalf of the charity. Grants, where entitlement is not conditional on the delivery of a specific perfomance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. The charity received substantial amounts of donations from its supporters, but no attempt is made to place a financial value on these services and they have not been included. Grants Receivable Grants are credited to the Statement of Financial Activities in the year in which they are receivable. Other Income Rental income from the letting of the charity's premises is recognised when the rental is due. Income from Investments Interest is accounted for when due and payable. Expenditure Grants Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the charity. 15
Christian Fellowshi School Trust Notes to the Financial Statements For the ear ended 315t Au ust 2024 continued l. Accounting Policies (continued) Costs of Generating Voluntary Income All expenses relating to fundraising, publicity, public relations and investment management charges are charged to this heading. Charitable Activities Charitable activities comprise of those costs incurred by the charity in the delivery of its activities and I services for its beneficiaries. It includes both the cost5 that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Other Costs These costs relate to the governance of the company itself, as opposed to the management of charitable activities or fundraising and publicity, and are primarily associated with constitutional, statutory and legal requirements. Irrecoverable VAT All resources expended are classified under activity headings that aggregate al I costs related to the category. Jrrecoverable V AT is charged against the category of resources expended for which it was incurred. Tangible Fixed Assets and Depreciation Depreciation is provided at rates calculated to WTite off the cost less residual value of each asset over its expected useful life, as follows: Freehold, Land and buildings Fixture and fittings ICT equipment, including computers Wehsite costs Motor vehicles 2% oncost 15 % reducing balance 33.33% on cost 20 /0 011 Cost 25 % reducing balance All equipment, fixture and fittings with an original cost of less than £500, are written off in the year in which the expenditure was incurred on t'he basis that due to the nature of the company's activities, there is no expectation that the cost of the assets will be recovered in the way of future revenues. Charitable Status and Taxation As a registered charity, the company benefits from rates relief and is generally exempt from income tax and corporation tax. The charity is not registered for Value Added Tax. 16
Christian Fellowshi School Trust Notes to the Financial Statements For the ear ended 3151 Au ust 2024 continued Total Funds 2024 2023 2. Voluntary Income Sundry donations Income tax recoverable 90,631 15,740 115,391 15,998 106,371 131,389 2024 2023 3. Incoming Resources from Charitable Activities Examination fees Grants ALPS Support fee School fees School trips income Min-y-don trips income Flexi-Ed fees SEN fees Swimming fees Christ Church- rent Sundry income Voluntary gifts - customers Hiding Place expenses 495 820 8,822 6,147 599,354 10,352 8,955 3,393 74,700 14,219 17,127 3,529 460 1,484 6,023 650,414 28,974 15,925 1,693 106,542 16,890 20,127 11,231 858,314 749J62 2024 2023 4. Investment Income Interest received 936 1,169 Total Funds 2024 2023 5. Other . Activities for Generating Funds Bursary fund School shop/clothing sales 1,760 641 920 2,401 920 17
Christian Fellowshi School Trust Notes to the Financial Statements For the ear ended 31st Au ust 2024 continued 2024 2023 6. Fundraising Trading Cost of sales 1,761 1,221 Total Funds 2024 2023 7. Charitable Activities Wages and salaries Bursary fund SEN support Staff CRB checks Rent and rates Hire of facilities Insurance Heat and light Repairs and maintenance Ground maintenance Bank charges and interest Donations and gifts Education materials Examination fees License etc Motor and travel expenses Ricoh printer: Copyright systems Printing, postage and stationery Refreshments ALPS Materials School trips expenses Conference/staff training costs Sports facility expenses Subscriptions Telephone Sundries Depreciation 725,259 860 607,741 448 825 21,611 3,505 11,464 38,134 28,877 3,123 9,699 3,283 13,383 12,862 2,318 7,355 2,716 16,139 879 656 18.021 10,713 17,503 23.679 29,846 2,926 22,944 1,497 12,423 6,694 1,964 8,179 2,352 12,583 802 573 41,499 4,004 2,100 2,642 483 4,564 42,497 26,189 5,136 2,040 5,157 187 3,621 40,365 997,263 867,057 2024 2023 8. Other Costs Legal and professional costs Independent examination 6,753 2,540 3,535 2,520 9,293 6,055 18
Christian Fellowshi School Trust Notes to the Financial Statements For the ear ended 3151 Au ust 2024 continued 2024 2023 9. Net Outgoing Resources Net outgoing resources are stated after charging: Depreciation on tangible assets Independent examination 42.497 2,540 40,365 2,520 45,037 42,885 2024 2023 10. Staff Costs Wages and salaries 694,860 588,189 Social Security costs 30,399 20,000 725,259 608,189 The average number of full-time equivalent (including casual and part-time staffj employed by the company during the year was as follows: 2024 2023 Building maint.enanc.e Teaching and support staff Office administration 35 37 During the year the charity employed members of staff as detailed above. None (2023,. None) of whom eamed more than £60,000 p.a. The trustees received £Nil remuneration (2023: £Nil) during the year. Trustees were reimbursed travelling and subsistence expenses of £Nil (2023.. £Nil) for the year. There were no other transactions requiring disclosure in respect of trustees, persons closely connected with them or other related parties. 11. Pensions The charity's Pension provider is currently Aviva. The staging date was l August 2015 with 42 members as of 31 August 2024 (2023: 42). 19
Christian Fellowshi School Trust Notes to the Financial Statements For the ear ended 31st Au ust 2024 continued 12. Tangible Fixed Assets School & Fixtures Office fittings & Motor Equipment Equipment Vehicles Freehold land & Buildings Total Cost As at I September 2023 Additions Disposals sl 1,548,932 222,260 47,784 2,868 13,028 2,209 11,000 1,620,744 227,337 As at 31" August 2024 1,771.192 50,652 15,237 11,000 1,848,081 Depreciation st As at I September 2023 Charge for the year Disposals 205,880 35,424 37.317 4,423 5,307 1,490 6,360 1,160 254,864 42,497 As at 31" August 2024 241,304 41,740 6,797 7,520 297,361 Net Book Value As at 3151 August 2024 1,529,888 8,912 8,440 3,480 1,550,720 st As at 31 August 2023 1,343,052 10,467 7,721 4,640 1,365,880 The freehold buildings consist of the school buildings at Overbury Street, Liverpool, L7 3HL. at cost. However, a recent informal valuation of the premises puts the market valuation in the region of £990,000. 2024 2023 13. Stocks 6,790 5,588 6,790 5,588 The closing stocks are valued at cost or net realisable value, whichever is the lower 2024 2023 14. Debtors Trade debtors VAT refund due 24,418 39,038 21,102 63,456 21,102 20
Christian Fellowshi School Trust Notes to the Financial Statements For the ear ended 31sI Au ust 2024 continued 15. Creditors: Amounts falling due within one year. 2024 2023 Trade creditors Other taxes and Social Security costs Accruals and deferred income Loans 36,414 12,007 52,646 64,190 18,874 5,040 56,919 418,500 165,257 499,333 Creditors: Amounts falling due after one year. 2024 2023 Loans 624,279 624,279 16. Analysis of Net Assets by Fund Unrestricted Funds Restricted Fund$ Total Fixed assets Current assets Current liabilities Non-current liabilities 582,089 157,050 (165,257) (352,097) 968,631 1,550,720 157,050 (165,257) (272,182) (624,279) Fund balance 221,785 696,449 918,234 17. Movement of Funds Asat Asat 0110912023 Incoming Outgoing Revaluation Transfers 311812024 Unrestricted funds 261,418 968,022 (1,008J17) 662 221,785 Restricted funds Revaluation Romanian Fund 696,449 662 696,449 (662) Total Restricted Funds 697,111 (662) 696,449 Total Funds 958,529 968,022 (1,008 J17) 918,234 21
Christian Fellowshi School Trust Notes to the Financial Statements For the ear ended 31st Au ust 2024 continued 18. Fund Details Details of the various funds held by the charity are as follows: Name of fund Description, nature, and purpose of the fund Unrestricted Funds General fund Any monies not included in any other fund Restricted Funds Building Renovation (LOAN) Loans Fund towards the ongoing building renovation in the school. Romanian Fund Funds for Romanian school trip. 19. Taxation As a charity, Christian Fellowship School Trust is exempt from tax on income and gains falling within Section 505 of the Taxes Act 1968 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are. 20. Contingent Liabilities The company has no contingent liabilities as at 31 August 2024 {2023 - NAI) $i 21. Capitgl Commitments The Company has no capital commitments as at 31 August 2024 (2023 - Nil) either contracted for or authorised by the dir¢¢tors but not contracted for. 22. Members, Liability The company is limited by guarantee, and in the event of the winding up of the cornpany, the liabilities of each member (including those members who have served within the previous twelve months) is limited to a contribution of £10 towards the cost of dissolution and the liabilities incurred by the charity while the contributor was a member. 22