## 

|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 3|
|Independent Examiner's Report|4|
|Statement ofFinancial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7to 13|





## 

|**Trustees**|R Billings|
|---|---|
||J Turner|
||D Harris|
|**Principal Office**|The Towers School Academy Trust|
||Faversham Road|
||Kennington|
||Ashford|
||Kent|
||TN24 9AL|
|**Charity Registration Number**|1098041|
|**Bankers**|National Westminster Bank pie|
||20 High Street|
||Ashford|
||Kent|
||TN24 8SH|
|**Independent Examiner**|Michael Wood FCA|
||Michael Wood|
||Chartered Accountants|
||Suite G|
||1 Elwick Road|
||Ashford|
||Kent|
||TN23 1PD|





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## 

|**`2024`**||||||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Endowment**|**Total**|
|||**funds**|**funds**|**funds**|**`2024`**|
||**Note**|£|£|£|£|
|**Income and Endowments from:**||||||
|Donations and legacies|3|109,073|717||109,790|
|Othertrading activities|6|5,356|||5,356|
|Investment income|7|233|||233|
|Total Income||114,662|717||115,379|
|**Expenditure on:**||||||
|Raising funds|8|1,968|||1,968|
|Charitable activities|9|103,771|205||103,976|
|Other expenditure|||326||326|
|Total Expenditure||105,739|531||106,270|
|Net movement in funds||8,923|186||9,109|
|**Reconciliation of funds**||||||
|Total funds brought forward||20,196|39,223|12,821|72,240|
|Total funds carried forward|16|29,119|39,409|12,821|81,349|
|**`2023`**||||||
|||**Unrestricted**|**Restricted**|**Endowment**|**Total**|
|||**funds**|**funds**|**funds**|**`2023`**|
||**Note**|£|£|£|£|
|**Income and Endowments from:**||||||
|Donations and legacies||59,285|465||59,750|
|Othertrading activities||4,793|||4,793|
|Total Income||64,078|465||64,543|
|**Expenditure on:**||||||
|Raising funds||4,043|||4,043|
|Charitable activities||46,455|385||46,840|
|Other expenditure|||280||280|
|Total Expenditure||50,498|665||51,163|
|Net movement in funds||13,580|(200)||13,380|
|**Reconciliation of funds**||||||
|Total funds brought forward||6,616|39,423|12,821|58,860|
|Total funds carried forward|16|20,196|39,223|12,821|72,240|





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|||**2024**|**2023**|
|---|---|---|---|
||**Note**|£|£|
|**current assets**||||
|Cash at bank and in hand||82,747|73,572|
|**Creditors: Amounts falling due within one year**|14|1,398)|1,332)|
|**Net assets**||81,349|72,240|
|**Funds of the charity:**||||
|**Endowment funds**||12,821|12,821|
|**Restricted funds**||39,409|39,223|
|**Unrestricted income funds**||||
|Unrestricted funds||29,119|20,196|
|**Total funds**|16|81,349|72,240|





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||**Unrestricted**||||
|---|---|---|---|---|
||**funds**||||
|||**Restricted**|**Total**|**Total**|
||**General**|**funds**|**`2024`**|**`2023`**|
||£|£|£|£|
|School journeys (see note 4)|54,635||54,635|15,325|
|Activities and dayvisits (see note 5)|53,026||53,026|42,682|
|Donations|1,412|717|2,129|1,743|
||109,073|717|109,790|59,750|



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## 

||**Unrestricted**||||
|---|---|---|---|---|
||**funds**||||
|||**Restricted**|**Total**|**Total**|
||**General**|**funds**|**`2024`**|**`2023`**|
||£|£|£|£|
|Stationery and book sales|2,983||2,983|4,434|
|Uniform sales|2,373||2,373|359|
||5,356||5,356|4,793|






## 

## 

||||**Unrestricted**|||||
|---|---|---|---|---|---|---|---|
||||**funds**|||||
|||||**Restricted**|**Total**||**Total**|
||||**General**|**funds**|**2024**||**2023**|
|||**Note**|£|£|£||£|
|Stationery and book purchases|||||||3,861|
|Uniform purchases|||1,968|||1,968|182|
||||1,968|||1,968|4,043|
|9|**Expenditure on charitable activities**|||||||
||||**Unrestricted**|||||
||||**funds**|||||
|||||**Restricted**|**Total**||**Total**|
||||**General**|**funds**|**2024**||**2023**|
|||**Note**|£|£|£||£|
|School journeys||4|43,278||43,278||1,800|
|Activities and dayvisits||5|57,943||57,943||42,421|
|Bank charges|||1,152|||1,152|874|
|Sundry charitable expenditure||||205||205|413|
|Governance costs||10|1,398|||1,398|1,332|
||||103,771|205|103,976||46,840|



## 

||||**Unrestricted**|||||
|---|---|---|---|---|---|---|---|
||||**funds**|||||
|||||**Restricted**|**Total**||**Total**|
||||**General**|**funds**|**2024**||**2023**|
||||£|£|£||£|
|Independent|examiner's|fees|1,398|||1,398|1,332|
||||1,398|||1,398|1,332|



## 



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|**16 Funds**||||||
|---|---|---|---|---|---|
||**Balance at 1**|||||
||**September**|**Incoming**|**Resources**||**Balance at 31**|
||**2023**|**resources**|**expended**|**Transfers**|**August 2024**|
||£|£|£|£|£|
|**Unrestricted funds**||||||
|General|20,196|114,662|(105,739)||29,119|
|**Restricted funds**|39,223|717|531)||39,409|
|**Endowment funds**||||||
|Permanent|12,821||||12,821|
|**Total funds**|72,240|115,379|(106,270)||81,349|
||**Balance at 1**|||||
||**September**|**Incoming**|**Resources**||**Balance at 31**|
||**2022**|**resources**|**expended**|**Transfers**|**August 2023**|
||£|£|£|£|£|
|**Unrestricted funds**||||||
|General|6,616|64,078|50,498)||20,196|
|**Restricted funds**|39,423|465|(665)||39,223|
|**Endowment funds**||||||
|Permanent|12,821||||12,821|
|**Total funds**|58,860|64,543|51,163)||72,240|





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|**2024**|||||
|---|---|---|---|---|
||**Unrestricted**||**Endowment**||
||**funds**||**funds**||
|||**Restricted**|||
||**General**|**funds**|**Permanent**|**Total funds**|
||£|£|£|£|
|Current assets|30,517|39,409|12,821|82,747|
|Current liabilities|1,398)|||1,398)|
|Total net assets|29,119|39,409|12,821|81,349|
|**2023**|||||
||**Unrestricted**||**Endowment**||
||**funds**||**funds**||
|||**Restricted**|||
||**General**|**funds**|**Permanent**|**Total funds**|
||£|£|£|£|
|Current assets|21,528|39,223|12,821|73,572|
|Current liabilities|1,332)|||1,332)|
|Total net assets|20,196|39,223|12,821|72,240|



## 



## 

||**Incoming **|**Resources**|
|---|---|---|
||**resources **|**expended**|
||£|£|
|**Year ended 31 August 2024**|||
|Cheerleading Disneyland Trip 2023|4,475|16,178|
|Disneyland Paris Trip 2024|12,975|2,350|
|Ski Trip - Boi Taull 2025|37,185|24,750|
||54,635|43,278|
|**Year ended 31 August 2023**|||
|Cheerleading Disneyland Trip 2023|15,325|1,800|





||**Incoming **|**Resources**|
|---|---|---|
||**resources **|**expended**|
||`£`|S|
|**Year ended 31 August 2024**|||
|AChristmas Carol 04December 2024||1,062|
|AChristmas Carol 2023 (1)|480|929|
|AChristmas Carol 2023 (2)|480||
|A-LevelFrench Studies -Film&Literature Analysis|150||
|AliceTrip|156|174|
|Art&PhotographyLondonLandmarks|780|995|
|Carters Restaurant|235|420|
|CCCU Health SuitesTrip|360|360|
|Cheer 2023-24- Package 1|3,755||
|Cheer 2023-24- Package 2|3,700||
|CheerAcademy ControlAccount|682|13,344|
|Dance Show|637|232|
|DirtyDancing|245|170|
|DittoX-Music Industry Event|400|479|
|Dr Semmelweis|576|376|
|ElectronMicroscopy Centre Visit|120|120|
|Emile DaleAcademy PartnerDay|520|520|
|Future CheerCompetition - SpectatorTickets (£15)|45||
|Future CheerCompetition - SpectatorTickets (£,25)|25||
|Future CheerCompetition - SpectatorTickets (£30)|300||
|Future CheerCompetition - SpectatorTickets (£40)|240||
|Future CheerCompetition - SpectatorTickets (£45)|135||
|Future CheerCompetition - SpectatorTickets (£60)|120||
|Future CheerCompetition - SpectatorTickets (£90)|60||
|GCSEYear 10GeographyFieldTrip 2023||2,207|
|GCSEYear 10Geography FieldworkTrip 2024|220|220|
|GoldDuke ofEdinburghAccommodation|84||
|GoldDuke ofEdinburghQualifier|234||
|JV Performance 15/03/2024|150||
|JV2 Performance 28/09/2023|120||
|KalpanaThakar Science Award||15|
|Library||148|
|Little BigThingsTheatre Trip|700|700|
|Move ItDance Trip|1,542|1,542|
|National PortraitGalleryYear 10|920|940|
|OsmingtonBayAdventure Study 2024|1,110|1,110|
|Pantomime 2023 -Aladdin|4,245|2,255|
|PerformingArts Control|4,573|4,550|
|Royal OperaHouse - Romeo&Juliet||810|
|Shakepeare's Globe -A-Level English|715|715|
|ShrekThe Musical|935|850|
|SixthFormBluewaterTrip -NoSkating|45||
|SixthFormBluewaterTrip -With Skating|285|271|
|StudentWelfare Fund||3|
|TAS BowlingTrip|14|14|
|The Duke ofEdinburgh'sAward|5,406|4,576|
|Things Iknowto be True|310|225|
|VisualArts -Year 10Hospitality 2023-24|45||
|VisualArts Control||4,665|
|VisualArtsMaterials 2023-24-Years 7 &8|3,978||
|WarhammerClub|47||
|WestEndonDemand-Workshop &MammaMia|2,270|2,250|
|Year 11 Prom2023-24|6,908|6,844|
|Year 11 PromPhotoPrepayment|680|744|
|Year 12 Careers Day -MorrisonWealthManagement|76||
|Year 12 LondonBusinessTrip|1,110|1,064|
|Year 12 Thorpe Park 2024|1,799|1,739|
|Year 13 LondonBusinessTrip|304|305|
||53,026|57,943|





## 

## 

||**Incoming **|**Resources**|
|---|---|---|
||**resources**|**expended**|
||£|£|
|**Year ended 31 August 2023**|||
|A Christmas Carol 2022|750||
|A Level Geography - Osmington Bay|1,295|1,295|
|AliceJasmin Vardimon Trip|100||
|Carters Restaurant|39|280|
|CheerAcademy Control Account|2,688|7,407|
|Cheerleading 2022/23 Blue Package|3,830||
|Cheerleading 2022/23 White Package|2,670||
|Dance -JV2 Performance|112|120|
|Dance Show|144|422|
|Drama - A Christmas Carol||425|
|Drama - Heathers The Musical|525|553|
|Drama - **Dr** Semmelweis||200|
|Drama - Les Miserables|1,465|325|
|Drama - The Lion King|1,421|1,480|
|Drama -Wicked|1,540|1,570|
|English - Othello 2023|871|945|
|GCSE **Yr** 10 Geography FieldTrip 2023|2,207||
|Kalpana Thakar Science Award||15|
|Pantomime 2019 - Mother Goose|24||
|Pantomime 2022 - Sleeping Beauty|4,421|6,172|
|Pantomime 2023 - Aladdin||1,989|
|PerformingArts|2,656|3,202|
|StudentWelfare Fund|300|645|
|The Duke ofEdinburgh's Award|5,562|3,149|
|Warhammer Club|72|87|
|Year 10 Food & Cookery Payment|190||
|Year 11 Summer Prom|4,536|11,600|
|Year 11 Summer Prom 2023 Photo Prepayment|350||
|Year 11 Summer Prom 2023 Ticket|4,104||
|Year 12 Thorpe Park|810|540|
||42,682|42,421|