Company rngislJ*iwi nufflb•r 06067557 (England and Wal•$l Ch•ity Ye￿#1￿ti￿ numb•r 1118598 (England and Wales) LALEHAM LEA SCHOOL (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 111 'AF2HH2S2' 2010512026 ¢OMPANES HJJse A23 #7 LALEHAM LEA SCHOOL LEGAL AND ADMINISTRATIVE INFORMATION Ggvernors E ¢YDomhnaill Ftyan Fathèr P M L Sebasts•n Y Epale Dr M Howard c tysouza (Appoinled 26 November 20241 (Appointad 30 Januw 20251 G Vlhyle Senior rn#n•gemèht M Reece S Cookg)n C Edwards Hèadteae￿r Until Juty 2025 Oparat*)ns managor Country •f I1*•￿Ir￿10n Unit¢d ￿ngdOffl IEnglaThJ and Walp5) 06067557 Chafty rnglstr¥tlon r*ThJ and Waltrs 1118$98 Regi$tered office. 29 Peaks Hll Purtey Su CR8 3JJ AudltOT Affinia {(kwngtonl Lynwotyj House Crofton Road Orpir BR6 8QE LALEHAM LEA SCHOOL CONTENTS Page Gov8mors' report Statement of goverrKyTS' ftwnslbi￿b"eS Ind8pendent audit&s report Stalernenl of ffinancial activths 10 Balawth sheet 11 statement of cash Ikyl 12 Notes to the financial stslemenls 13-25 LALEHAM LEA SCHOOL GOVERNORS, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST2025 The govgmors. also the Trustees aThl direct￿$ ol the charity for the pur[￿e$ of th8 Companies Act 2006. present Iheir annual report fir￿￿al statom￿ts for the ￿eThJed 31 hA￿U$l 2025. The financKg1 statements have been prepared in acc¥)￿anCe wth the aCC￿￿tiNj poli&s set OLrt In r￿te 1 to the financial ststèmants and comply thè eharivs goveming tlocument, the Cornpantes Ad 2006 and 'Accounting and Repoiting by Charili¢s'. Statsment of Re¢omIr￿ded Prath"ce applicable to charities preparing their accounts in a¢¢ordance thè FinarKia ReFtiting Standard ¥ppkable in Ihe LK and RepuÈ4ic of Ifeland IFRS 1021° (effective 1 J8nuary 2019). Objedlves and actlvlt1¢5 The tharivs objects are to advance thè Cath￿￿ religk)n by the c4Jn¢hJct of a cathol￿ School or by any andllary or relwiw$ or oducalonal activit￿$ for lh• bwwfft of thè wbl The ¢harity wm$ to dther its obJxts¥es by focusry on the folkMiThJ key abffts.. 1. To •nsur• that all aspacts of schcd Irf• are permeated by CathJlK ethos of res￿ and lov• for on8'S neighbour 2. To provide a dass e(bx8t￿n for tws and girts aged 3 10 11+ 3. To build each wpil's seW-confidenGg so that they are prepared lor tho 0￿(￿lunitieS and resp)nsIbil￿eS of the secondary ujrriculum and servK• to the wider communty 4. To provide facilths for local educational. lamty ar￿ cathrJ￿ dytrJ-c•￿￿ progrnmmes Public ben&fft The govemors have paid due regard to guid#nc* i55ued by the Charity con￿lssIon,S general and supplementary gu¥Jan¢e on pubhc bgnsffit. Wg arg also mindful of the fequirements of Cathclic s￿"al Teaching ￿en considgrin9 th? advanc¥m•nt of educatw)n, fee￿a￿1n9. r￿￿n9 our aims and objecti'ves and planning our bjiure acliviti•s. Significant aclivibes and achievements aga￿st obiectN•s Children Irom all bad(grourbts are wekomed into Ihe schcd and wpls benefit from our knnd. caring and div•r5e eommunty. Places arè offered I￿)￿n9 an info￿￿?1 assessment to ascertain the prospective pupils, pace of leaTniny lo en5uro that Ihey ¢an benefft frryn Ihe educalion wovKled. Pupil repc*ts are issued fvrfice a year an¢J Parartt Evenings ai¢ carrted out dUrK￿ thtr year. Parent and CLass Teacher communications are actively encourag9d. In M8r¢h 2024. 11* Sch￿1 undeNenl 8n by the IndeFendent Sthools Inspectorate. thile Ihe maiority of standards were successful￿ mèt. thè rèwt Idéntifi￿ speofic areas for improvement. Througfrthrt the remaind¢r of the 202￿25 academic year. the took swift and proacbve measur&s to addr•ss th•sè points. implemenb.ng a ¢ompohenwe a¢hon Flan to ensure full ccrfnpliance. FolbJw"ng this per￿ Of rigorous intemal review. Ihe Schojl prepared for a lorlnal monitoring Msit in Chxober 2025. We k>)k forward lo (xjnfirming the retum to full compliance in the De￿ annual reporL as we rema￿ c¢nfKM Ihat aN •jentir￿d standards have been Ihorougbty addressed. The Sectior* 48 Denominati￿al Inspection was carried wl Wb October 2019. The Inspector's condusion is that 'Laleham Lea Is an Dutstanding Catholic Schc¥)I' and 'RdvJious Edu￿tiOn i% except*)naty well led with thg partnership b8tr4e8n t8ad•rs at all levds bw.ng hwNy ¢ffe(ai¥e'. The School also aolieved Ihe Oscar Rtynero Path"apator Level Award in July 2024 whi¢h re¢ognistrs and celebrates the srA￿l's lo Cathdic Swal Tèath"ng. The S¢hod is preparing for their next Catholic Schod Inspectic￿. LALEHAM LEA SCHOOL GOVERNORS. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Our strong ¢0Mm￿lleftt to safgwdirwj remains p8rnrTh>Jni ènd our trainin9 of al stsff. Govemors and voluntsers is ongThng. During the year. th* pupils gnjoysd curriculum lessons. indivKJual inslfumenlal lessons, LAMDA instructson and in- school club5. Our pupils enjoyed rnany edU￿1￿)nal ￿5115.. Year 6 viyted the Natural History Museum. Year 3 vi51ted Butser Farm. Yeaf 1 and Year 2 visited the Pdka Theatre. and Year 4 went to Battersea Palk Zoo. Our Yèar 6 group enjoyed a residentsal trip to PGL Maf¢hants Hil. which was exiended lo 5 day5 year. and our Year 5 enjoyed a hjll day of Aquasptxts. Somè of our Year 5 and 6 pupils attended the Swthwark Dio¢e5e Siart of Year K4ass at St George's Cathedral as well as the Oscar Romefo Mass later in the year ¥•theTe we were pre58ntsd with our Oscar Romero Award. The S¢h¢d trAÈbrated VE day wAth a whole school picnic. Our 5th001 benefiled from a Chri5trna5 Panlornw￿. Safer Intemel Day w(¥kshop5 and Bla(* History Day wortshops and we also welc<)med ￿54￿ from Ihe FI￿ brvjade and Karen's Pets and Ponies our youTrJer pupils. In the summèr. our pupils and parents enjoyed SFQrts Day hekl at Pudey Sports Club. Our varied lun¢hlime and aftef-S(*tx￿ dub aclivitie5 ifhcTeased and induded Verbal and NO￿verbal Re¥$oning, Lalin and Cla55ical Civili5alM)n. Tennis, Ord￿tra. Origami. gardening dub. STEM, Art & DesvJn. Acrelerated Maths. Chèss, CodiTrJ, N•lb#ll. fin*s Tat4È5 Club aThJ Le90 Club v￿re to offering. LAMDA exams wont ahead and exrKll¢nt resu￿ were acfueved- 31 dislinctkon5 and 1 ThwiL All pupils at Laleham L•a a ¢ooked lurth aThJ a snack eath day Provided by our onsrt• caterin9 team. Thi51s included wthin our schtrjl leès. Our NatNity plays and Carc4 Conc¥rt try)k ￿0£¢ in lh¢ aulumn temi. Th¢ Eastsr Ccrtwt and our Yw 5 and Yèar 6 produelion ol'Pirates of the Cury Bean. thè musical. held kier in the year. wère p8rfom)ed livè lor th• parents. This was followed by Ouf annual Priz&GMng wern￿)Y celebfatin9 the successes of tyjr pupils. An infant m¢Jsic concert was also hekl for parents lo attend. W• eompeted with olher ktal Catholic Sch￿￿ Ai a *V•Je range of events indLvJirKJ sciènce and malhs quizzes. ¢fOSS thjnlry, swmming gala, RE day. infant arwj jwmor sptyts day. netball and footban trwmaments. Th8 sthool finished Ihe 2025 acadwf4C y￿1 wilh 129 on rrAI. wh￿h was a docrna5è from thg previous y 12024.1471. Dufing the course of the Year Ihe Acting Headtecher vrds appointed Headteather in March 2025. and the Acbn9 Dtrputy Headieacher was apwnted as Dewty H•adteacher in May 2025. Th• school alw emplvyed a part tim• SENCO. Due to the departufe of ￿Jr SCI￿ BUsY￿S Managèr. the schcd recruited and appomted a new Finance oiricer 8nd an OperatM)ns fvlanager. Lal•ham Lea Sc*Kd operates for 171 days a year. The school is open Irom 8.20am to 3.2Spm. In ¥dditM to th• ordinary school day, we operate an Earfy Birds provi￿oft stsrb.ng at 7.30am and a L8t* Leavw5 provision. whl¢h remains opèn until 5.30sNm. Bolh sK0visi￿$ are well attended. LALEHAM LEA SCHOOL GOVERNORS. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 La￿haM Lea su¢cesslully retained our Er￿s￿)015 Green Flag AGrye(l1lai￿. wilh ￿￿￿"ncl1On. through the hard work and dedi¢*i¢J) of our 5¢h(¥Jl la￿)y￿unty le(1 by our Eco Cwnctl. As part of thi5 prw¥ss ts s¢hool took part in Earth Day arbj Eco Day. wherè all pupi& and Stsff ww• in￿led to dress up in tolours. The Laleham Lea Parenl Teather Assoc4atiM w¢ees5fully vJnb"n(*J during Ihe 8cademk ye¥. PTA evwts IndudirKJ uniforn salos. l¢e fxoarn sale. ft￿1& raghts. dbSQ)s and a ¥8ry w¢teSs￿l ChrisIn￿S otMI summerfalr. We are an •qual ¢¥portunity L¥ganisats"on with a %￿lIkIng •nvifonment frte from di￿mInatiOn of all kinds and a Ilingne￿ to make reasonatA8 adiuslm8nts to wothng piaettces to mo8t tho n88ds of our staff. Charltsbl• actlvlti•s Caring lor those le55 fortsjnate than OUTselves is a re￿InIng then* in the lrfe of the sthool. Harvest food donations were flonated to St Vincent's Cenlre - Brixton Fr)od Hub. Other thri¢ies thal have been supported include the Children in Need lover £2(XII. OF*ra¢ion Christma5 Chikj". Shoe 8ox appeal Inearfy 1¢)0 trK)xesl. Catholi¢ Chiklren's Society lover £620) and WaterAid1£7001. The s¢h￿ succe55fv1y raised £1.820 for CAFOD over the course of the year through the Lent Walk and PihJrims of HI)￿ iniithves. Our Mini Vinnies group conb.nue to thi1￿ woinoting Scri￿ Just￿ Issues arnl INing faith thrwh acllon as part of St Vincent de Paul Socwty. E￿ts have Ind￿ ￿dI￿4 sir#Jir4J at hxal Ca￿ hLThes. Once again, it has been Fwibk to tsffor SO￿ limited tsxsary w0viS¥￿ Ihrougl*)ut the course of the year. Financlal r•view Tlw financlal State￿fits cover Ihe academlc year 2024r2025 from 1st Saptember 2024 10 31slALWSt 202$. Finanaalposition This year the S¢hool ￿cl￿ded 8 $￿p1￿ of £33.11O1202￿4 . £185.3331. Urffestridgd rèseThes as plann¢d stoThJ at £942.796 w¥J been retsi1￿ lor fuhwe use as desoibed beltyw. All in¢crt ana tsx exempl]￿ sa*ing¥buslno￿ r*è redudions a￿ apphod fty th* chaTilabl$ puwo$o5 of the company and indir•dy help to supwt sl•t¢ sch¢￿￿ cg)rrThinity links. Resems polKy Th8 Schoc4 Garries minimal free R¢séNes *rylh day4Trday opwatKKwI o)5ts throLryh w(wkiryJ caprtal wthout ro¢ourse to borrow￿rt98. It is Iho Intenti￿ to retain modest reseN¢s fft Ihe rmdtrr of thm to six of coerats"n9 c¢sts to provido for contingencias. f￿al ￿em￿s. th• Sta#￿ and finandal se¢urity of SdK*J. its Commitments 8nd undertakings. 8udgebng Poli¢y Thè S¢hoc4 Businèss Manag¢r has wepared a W lor Ihe y•ar wth.ng 31 AW 2026 and maintsin$ a ca￿lu1 regular ¢he¢k over the fMwn¢wl sAtu*"¢)n of the ¢cffiwy. rrb)nitty¢d by Govemors. .The Pay Comnthe. ¢>)mprisin9 of fwr GovemNs. meets ￿￿18￿ lo rTThitor slaff salaries and rTth annual inveases. 88nlrAcGount The Charivs fvnd$ are kept ￿ ¢urrent and dewsht aCc￿nts in order lo maxwnise r•tums and to safeguard deposits. even the deF4)Sit aCC￿nI rates are wesenty very iu*. LALEHAM LEA SCHOOL GOVERNORS. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Plans lor future period$ The School maintains a robust strategic devetownenl plan. overseen and feviewed by our Govemors. Ceniral to our fvture is a commitment to environmental stewardship. a¢adern￿ exceltence aThJ ts continuous enhancement of ￿r1•aM￿g environment. To sustain our standards of academic excellence, we will ￿lIn￿e to invest in addib.onal staffing to ensu￿ a ¢urrtculum of exceptional breadth and depth. The Headteachèr and Govemors rigorously evaluate Our educational off¢firKJ from EYFS ihrough lo Year 6, prioritising well-rounded t18veWment and increasing access to specialisl leaching at ￿ery Iypcffiunrty. Wè afe commitied lo prO￿dIn9 a w*￿th of extra ¢)ppJrtunttiès. from off-site •xpèrIen￿S to high4'mpact ennthment dubs. Ihal eMp￿r pU￿lS to take iisks, bvild confidence. and discover hrdden talents. Central to our developrr*nl is the wellbeir¥J of c*Jr school commufmty. We are expandiwJ our focJJs on pasloral ￿re and parental engagement. fostering a collaborative partnership that nurtU￿S a truly indusive atmosphere where every child feels a sense of belwjing Slructur•, governa￿￿ Wnd rnana￿Trt Lal¢ham Lea School is a company limrted by guarantee gwemed by its Memorandum and Ajticles of Assoaation dated 25 January 2007. Th& remained donrwit until 1st April 2009 when it commenced trading. The school has no share capital and is Ikmrted by guarnntee. 11 is rngistw•d as a charity wrfh thè Chaiity Commission. All Govern￿S give their ￿ffle freely in a ¥Ol￿tary caparjty. The goverrrfjrs. who are also the directors for the purpose of CL¥npany law, aThJ T*rt￿ serv&J thring Ihe year arKI up to ihe dale of signature of the finarKial Slate￿nts were.. E O'DcMnhnaill M Ryan Fathèr P M L Sebastian Y Epaltr N Frankopan Dr M Howwd C D'souza GW (Resgled 11 D•cen*w 2025) (Apwnted 26 Novembèr 2024) {App￿ted 30 janu￿ 2025) Recfuitmenl and appotntment of tnjstees Thè lull Govaming Board meets in full at lèast 8 im)es a par. Currnnty am govemancè dedsi￿$ arè rnlèrred lo the lull Board meetir¥Js. The 8oar¢ seeks to recroit GO￿n￿r$ frtsn within Ihe local community who have an interest in déveloping thè Calhdic charnctef ol th• schod. and supr•)rting the educational needs of thè chihlrgn at Lal8ham Lea. Indsjcllon and orrfjoing tra￿1r￿j is provided by the SCI￿1. the DK)c8se and the Local Authwty. None ofthtr govèmots has arry ￿neficial interest in th• cryny. All of tr* govèmots are mernbers of the Company and guarantee to conlribute £1 in Ihe event of ¥ WNKlin9 UP. Audltor In ac¢ofdan¢e with the eompatys arl]"d¢s. a r¢solulKffi Wol>￿Ing thal Affinia l(kn'rigionl be reappolnled as auditor of th8 company will be wt at a General bAeelry. Risk management The Govemors have a duty lo Kjentify revw the risks to the charity is exrthed and to ensure appropnate controls are in place to woyKle reasonable assurance against frwd and effty. Thhs r¥rxyt ha$ been prepared In a¢¢cKdan￿ wilh th& 5p8oal Of Part 15 of Ihe Companie5 Act 2006 relating to small 0)mpon￿. LALEHAM LEA SCHOOL GOVERNORS. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 The yovemors, rewt was apbyoved by th• Boafd of Go¥errm. Y Epale Chalr of Governors Date.. LALEHAM LEA SCHOOL STATEMENT OF GOVERNORS. RESPONSIBILITIES FOR THE YEAR ENDED 31 AUGUST 2025 The govemors, v￿￿ ar• also the directors of Laleham Lea Sclu4 lor Ihe wrpose of company kw, are responsible for prepafing the G¢)vemors' Report and the finanoal ststements in aCCo￿ance with applrable law Unrted Kin9domAccounlin9 Standards (Uniled Kin9dorn Generally Accepled Accounting Pfactice}. CoMp￿Y law requires th8 90verno￿ to prepare fin￿CIal slatemenls for eath finaftck￿ year t•thich give a tru• and fair wew of thè state of affaits of the charity and of the incomirrtj ￿$oU￿e$ and app1￿1￿)n of resources, including Incomè aThJ expeThJiture. of Ihe charitable c￿Y &Jr ihat year. In Preparing these ffinancial ststèmènls. Ihè 9o¥emor5 are roquired to". - seled suitsble accounkn.ng polKies and then appty thwn conststertty: - observe th8 mèth¢>Js and pnnuplts in the Charitiès SORP: - makè judgemènts and estirnates that are reasonablè and pn￿ent. statè wholher applicable UK Acc(¥Jnttng Standards have been lolkr•Rd. subpct to any material departures disclose¢J and explained in the finanaal ststements., and - prepare the financial statements on lh• wng conc8m basis ￿lesS 1¢ is irbappropriate to presume that the charily 11 continue in opefation. The givemors are responsible for keepirrfJ adequale accounting records that dthe reasonable accuracy al any bme the finanaal positson of the cl￿rity and enable Ihem lo ensu￿ that the finanaal slalements comply ¥wth the Companies Act 2006. They are also ￿￿OnSIble fcrf safeguarding thè assets of the charity and hence for taking reasonable steps for the preventi￿ and deteclion of fra￿1 and other wregularil*s. LALEHAM LEA SCHOOL INDEPENDENT AUDITOR'S REPORT TO THE GOVERNORS OF LALEHAM LEA SCHOOL Opinion We have audited the finantyal statements of Laleham Lea Sd¥J)l {the '¢haiity'l for the year ended 31 August 2025 which ￿Mplise the ststement of financial activilies. the balance sheet. the statemènt of cash fflows and notes to the fina￿la1 slatements. induding significant a￿)Unti￿ polioes. The financial reporting framework that has been applied in their preparation is appI￿￿e law arKI Uniied Kiwjom Aecountin9 Standafds. Induding Financial Rtports"n9 Standard 102 The Finanual Repo￿ Stafthrd apph'cable in the UK and Reptsblic of I￿lart6 (United Kingdom Generally Attepled AcKnunts"ryJ Piaclicel. In our opinion. Ihe financial slat&m8nts-. gwe a tnje an¢J fair wew of the 5tste of charilable affairs as al 31 August 2025 and of it5 incorning resources and applicati¢Jn of resources. for the year then ended.. havè been prDperly pr•partd in acc(Ydort• wth Unrted Kingd￿ll G•neralty Accepted Acuuntiny Pr8Ctice" 8n¢J have beèn prepared in a¢crydpwKe with the req￿re[r￿ts of the CINnpanies Act 2006. Basis for oplnh>n We conducted our audit in accordance wAth Intemalional Standards ¢)n AudttsrKJ IUKI IISAS IUK}l and applicable law. Our responsibilities under those sta￿lar￿S are further described in the AuditoPs ￿SPOnSibl11[1eS for the 8utht of Ihe financial stalemgnts section of our report. We a￿ independent of the charity in a¢cordaThce with the ethical requirernents that are felevant to our audit of the finanaal statemenls in the UK induding the FRC s Ethical Standard, and we have fvffilled OUT olhw tithi￿￿ responsibditses in accordance with these requirwnent5. We betieve that the *AKlit ev￿¢￿ we have dMain￿ bs suffiaent and approprth to provide a ba$is for our owion. Conclusions r•lating to goin9 eonc•m In auditing the financial statements. we have ConcfvJ￿ tha¢ the goverTry5' vse of the goiTh3 concem basis of accounting in the preparation of Ihe fin￿¢141 statements 15 appropriale. Based on th¥ work ha￿ perftyn*d. have not idenlified arhy matsrial unc•rtainties relating to events or condilions that. individually cff cowtivtty, rnay cast Si9nifi¢ant d¢)ubt on the tharity's ability to continue 85 a going concern for a period of at leas1 twelv¢ months from v*hen the finanual stalements a￿ auihorised for issue. Our ￿$[￿sibilItIeS and lh* fasponsibilibes of lh¢ govèmors with rtrs￿ to going concem are d¥s¢ribed in thg vant sethons of Ihis ro￿)rt. Othér Inforniatlon The other infofmalion cornpri5es Ihe informatKJn induded in the annual reFK)rt other ¢h4n the financial slatements and our auditorfs report thereon. goverrKJrs are resW5ibl¢ for Ihe other infcKmation contained within the annual reporL Our opinion on the finanual statemenls doe5 nol cover the olher informatJ"¢n and we do not e¥pre58 any form of assUrar￿ CC￿￿U5}OD there￿. Our responsibility is to read the olher infornation and, in doing so, consider whelhef the other information 15 materially inconsistent ￿￿th the finawal statemeThts or our knowledge obtained in the Course of the audit. or othewse appears lo be materialty missla¢ed. If we hlentify such malerial Incon￿stenC1eS or apparent Th￿ter￿1 rni55tatements. we are required lo delermine vthelher this gives rise to a material misstaternent in Ihe financial ststements themselves. If. based on the work we have performed. we ndude that there is a malerial mi5slalement of this other information. we are required lo ￿pOrt that lact. We have r￿thIng to rap￿( in this regard. Mattèrs on which we art rtquil￿ to r•ptsrt by èxeeptlon We have noihing to report in fespect of the l¢)lowing matters in relai1￿ to vthith the Charitss {A¢counts and Reports) R$gulab"ons 2008 requires us to ￿Pryt to you rf. ￿ our opinK)n'. Ihe information 9Nen in the finanoal statements is incO￿lstent ￿ any material ￿Spe¢l wlth thè govemors. repjrt," or sufficient accountin9 records have not t*en kept: or the financhal statements are not in agree￿￿nt with Ihe aco)untrng records: or we have not receNed all the intomwtKJn and e¥planations we ￿Quire for our aud LALEHAM LEA SCHOOL INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE GOVERNORS OF LALEHAM LEA SCHOOL R•$ponslblllti¢s of go¥•mors As explained more fully in the slate￿1 of governors. resF4JnsibIlbl￿. governNs. who are also the directors of the charity lor the wrpose ol t(￿panY law. are resF￿S1b1e for the preparalion of the financial ststements and for being satisfied that they give a true aThJ far view. and for such whternal coniroi as the goverrK)rs delermine is necessary lo ena￿e the preparatK&n of financial slatements Ihat are free Irom malerial misststement, whether due to fraud or error. In preparing the financial stalements. ihe governors a￿ responsib￿ for assessin9 thè chafivs ability lo conl*nue as a going ￿nCern, discJosin9, as applicable. matters related to concern and using the going concern basis ot a(%ountiry unkss the go¥eTh￿r5 eilher irblgnd to liquidate Ihe ¢hafitablt company or to cease operations, or have no re*151K altematb¥e but to do so. Auditovs responsibilities tor the audil of th• financial slalemeTrts We have been app￿nted as audilor undèr sadton 144 of the Ch¥￿eS A¢t 2011 arKI report in accordance ￿￿1h the Act an¢J relovant r￿UlationS made ￿ haviry effect thw8under. Our objeclives afe to oblain reasonable assurance abcArt ￿ether the financial statements as a whole are free from material misstafement. whelh?r due lo fra￿j or errcy. and to ￿SUe an auttitorfs report that ind￿leS our opinion. Reasonable assurance is a h￿Jh levd ol assuran￿ bul 15 not a gu?rantee that an a￿j11 conducted in accordance with ISAS (UK) will always detect a material misstaterrent wthen rt exis(s. Misstatements Can arise from fraud or ¢rror and are Considered material rf. indivKlually or in the aggie9ate. they could re350nably bp expeded to influence tha economic deosv)ns ol usws takèn ￿ the basi5 ofthese financd slatements. B8caus• ol Ihe inherent limilations of an audtt. there is a risk that we will not dètèct all irregulariti•s. includin9 those leading to a material misstatement in the finantial siatements or non-coM￿lance with regulalion. This risk inereases the rnore thal cornplia￿ %%ilh a law or regulation is ￿moVed frtyn Ihe evenis and transactions reflected in the financial sialemenis. as we will be less likely to become awwe of in51ances of r￿￿<0mPlIanCe. The extsnt to whi¢h trJr proc*durts are rapable of detecting ￿regul*￿¢s. indudir¥J fraud, 1$ detailed bdow. . Enquiry of managomerbt 8ThJ Ilvjse charged *ryth tywemarKt around ￿tUal and potential liligat￿n aTrJ daims. Enquiry of managemènt to identfy any Instanw ol r￿￿K￿PI1an￿ *rylh laws and r•gulatlons. Rèvièwsng minutes of meetings of thosè dmrgèd 7Mth govemancè. Reviewin9 financial statement di5¢195Urts and testing to supwtiry dcrtumenlauon to assess compliance with applicable laws and regulations. Al￿lting Ihe risk ol management oTrth¥Je of contfols. includtng thrwjh lestin9 ioumal enlrles and other adiustments for appmpriateness. and •valualMig the Ixtsiness rationale of sKJnrf￿nl transactions the normal eourse ol business. A hjrther des¢rbplton of ￿sP￿s0￿111￿s is Jv•il*e on the Finartial Repytitig Counol's websit$ at.. htWs'.11 Www.frc.tyg.uklau¢Jitorsr&spon￿bi1btie$. Thi5 desGripb"M frn part ofour atKJitorfs report LALEHAM LEA SCHOOL INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE GOVERNORS OF LALEHAM LEA SCHOOL Us• ol our report This report Is made scA¢ly to the charity's truslees. a5 a bgjy. in accordance ￿th Part 4 of the Charities IAccounts and Reports) RegulaOons 2008. Our audil work has been undetsken so that w• mwht state to thè charity's tnJste•s those matters we a￿ required to state to Ihtm in an auditor's r•p)rt ar*d for no other purpose. To the fvllest extent pem)itted by law, we do not accept Of assume ￿spOnSIbl1rtY to anyone other Ihan the char'ty and the charity's trustees as a t*)dy, for our audit rf lor Ihs ￿p)rt. or for the opinic￿S we have fomed. Louls? Hallsworth FCA (Senior Statutory Auditor) For and on behalf of Affinia {OrpirrfJtonl. StatutoryAudrtor Chartgfed Accountants Lynwood House CroftoTh Roaij Orpingion BR6 8aE Dale.. .1g.Mo¥2oa6.... Affinia (Orymngtonl is thgible lor akpJintmÈni xs auditor of the ehaiity by virtue of rts elolbilty for ¥ppoinlment as auditor of a company under secl#in 1212 ofth¢ Companies Act 2006. LALEHAM LEA SCHOOL STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 Unw•strlcl•d Restrl¢ted funds 2025 Tolal Unr¢Strk¢￿ Restrlct lunds fund5 2024 2024 2025 2025 2024 Income from: Donation$ and 1é9aoe$ Charitable activities Olher trading aetiwll•s Inveslmenis $50 1.265.885 237 12.394 98.126 98.676 1.265.885 237 12.394 170 1.368,560 2,454 12.929 123,951 124.121 1.368,560 2.454 12.929 Total income 1.279,066 98.126 1,377,192 1.384.113 123,951 1.508.064 Expenditure on: Raising funds 14.183 14,183 Educational adivities School equipment 1.194.804 98.126 1.292.730 43,444 1.139.889 44.708 123.951 1.263.840 44.708 Totsl Charitable expenditure 1238,048 98.126 1.336.174 1,184.597 123,951 1,308.548 Total •xp•ndltur• 1.245.956 98.126 1.344,082 1.198.780 123,951 1,322.731 Net incom• and mo¥•m•nt in 33.110 33.110 185.333 185.333 R•eonciliation ot funds: Fund bala￿¥$ #t 1 S*pt¢mb 2024 724,353 724.353 Fund balonc¢s at 31 August 2025 942,796 942.796 9.686 909,686 The stalèrnent of finanoal a¢tiMIBs in(*Jdes ￿1 gains los￿ rec09r￿Sed year. All inwme and expen(lilure derivè from continuing activibès. 10- LALEHAM LEA SCHOOL BALANCE SHEET AS AT31 AUGUST 2025 2025 2024 Mot•s Flxed a$￿ts Tangible assets 14 198,710 231.227 current a$$¢ts Debtors Cash at bank and in hand 15 3SO.444 997.188 277,182 976,478 1.347.632 . 1.253.860 Creditor&: amounts falling due v•ithin 4)ne year 16 (603.546) (575.2011 N•t CUff•nt a$sgts 744.086 678.459 Total ass•ts l•$$ ¢urrent liabiliii¢s 942.796 909,686 Th• funds ol the charlty Unrestrictèd frjnds 942,796 909.686 942. 909.686 Thè cofflpany is entit￿ to the exeinptiryi from the wdit requwement conlatned in $eclion 477 of thg Conyanies Act 2006, for the year ended 31 August 2025. The directors ackwAedge their resp)nsibilities for o)mFtyiry Mth the requirements Compan*s Acl 2￿6 wlth ￿Spect to acts)unting records and the preparation of finafKial statements. Thè members have not required the company to otthin an audbt of its financial statements und•r Ihe r*q￿￿MentS of the coMpan￿sACt 2￿￿, forthe year in queslion ￿ acc4Jrdance wnth se(kn 476. Th9se financial stalements have been wepar•d in aCC(md￿¢O th• appl￿ble to wnpanies subi8Ct to the small companies regime. The financial statements wère wffjved by Ihè gover￿5 On ... .. ...... . . . Y Epale Chair of Governsts Any costs which are rKJt deomed as a direct cosl ara alkxat8d as support Costs include govemanca costs which are Ihose costs assoaated Wih m88ting th• constitutional and statutory requirements of th• charity and include Ihe independent examinal¢on fees and cosls linked to thè strategic management of the charty. Al deprecialmjn costs are deemed to be supm costs of the prowsion of school equipment. Asl other support costs are deemed lo be those that wjpport the prows￿ of educalK)nal activibe5. 1.6 TangIb￿ fixed assets Tangiblè fixed assets are In￿alY mgasurnd at cost and subwuenty mèasured at c*)st or valuation. ngt of dgpr8eiation and any impaimwnt ktss8S. Depwation i8 rècognis•d so as to off Ihe ¢>)st or valuab'on of a55ets kss their rèsldual valuès over thèir Uselvl lives on Ihe follow.ng tJa$8S'. Leasehold improvements Fixtures and fith.ngs Compute Motw vehides 10% straighl line 10% stralght IIT 20% straight line 33.3% stwht line The gain or loss arisng on the disposd of an asset is determined as the diffwence be￿een the sale pyoceeds and Ihe ¢arryry Vam￿ of Ihe asseL and is recognised in the statement ol fina￿la1 ¥ts"vibes. The charity Was granted a 50 year lease at a PeFpprGom rwt and took over the ¢xtsting building with its assets which wgr¢ wrthased lor the nominal sum of £1. The charitys polw * to ¢awtslise tsngible fixed a55ets wthich ¢))sl over £1.250 per irKJividual asset. 1.7 Impalrment of fix•d ass•ts At each reporting end date. the charity Tewews the carywng amounts of lis tangible assets to detern￿ne whether there is any indication thal Ihose assels have sUlfe￿d an impaimient loss. If any such indication ￿￿$t$. the r¢¢OVerab￿ amount of the asset is eslimated Mi ￿ to d¢tgnnin* tr* extent of tho imp•in)&nt loss lif anyl. 1.8 Cash and eash equlvalents Cash and cash equivalents indude cash in hand. depo%ts hehj at cam with banks, other short-tern liquid invè$tmènts 7Mth orMJinal MabJri￿'es of three rmnths or I￿s. arwj bank overdrnfts. Bank mrdrafts ar• shown tthin trNmV4ings in current liabilitw. 14- LALEHAM LEA SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng pollclos IContlny•d) 1.9 Flnanclal Instrurn•nts The ¢hadty has elected to apply the prlwistons ol Section 11 'Basc Financial Insiruments, and Sectton 12 'Other Ftnan¢ial Instwments Issues. of FRS 102 to all of its financial instruments. Flnanual instrumènts are iecognisèd in the charl￿S balan￿ sheet when the c*arity becomes party.to the contractual pwvisions ol the inslrument. Finanrial a$￿ts and li8biliti"¢s offset. v&ith Ihe net anw)unts presented in the financial stat8m8nls. when thère is a legally enfort•ablè rYJhi to s•t off thè reeognised amunts and there is an intention to setue on a net basis or to re*1￿ trR asset and settbB Ihe liatrf.lrty wmultan9ju￿y. 8asi¢ linan¢ial assets Basic financial assets, debtrKs and cash arm1 bank balances. 8re initially m&asured at transaction price including transaction costs and are subwuenlly camed at amorti$ed Gost u$iThJ Ihe effe¢tivo interest melhod vnle55 Ihe arrangement constitutes a financing transath"ort, whèrè thè transath.ofi is measured at the present value of Ihe future receipts discounted at a market rate of inte￿st. Finanoal assets dassif￿d as receivable *i￿n one year are amorliseil. Basic financial liathlities Basic financial liabilities, incfuth.ng credttors and bank loans are inthlly recognised at Iransaclion price unless the atyangement constitutes a finar￿Ing trartsacts"￿. where Ihe debt in5twment 15 measure(l at Ihe present value of the fvture pay7)￿ts discwnted at a market rattr of irtterest. FinarThl 1obilitie$ d8ssrf*d as payable within one year are not arn0￿.$ed. Trade credilors are oblwJatti)ns to pay lor or servtts that have b••n acquired in th• ordinary 01 operations from Sup￿lerS. Amounts payable are dassthed as current liatM"lities il payment is dLte within one year or less. If nol. they ale presented as rwrrent liabil￿"&s. Trade creditors are reco9nis8d initrally at transaction price and subsequenuy measured al amortised cost using thg elIeth"￿ interest m¢lhtsd. 1.10 Employee benefits Thg ¢ost of any unusèd holmlay entsI￿n￿rt ts in the pwi(#J in which the employee's services are rtc•iv8d. remination b$nefits are feCL¥JniS￿ immediatety as an expertse wknen the charity is d&nN)nslrably commthd to terminat¢ the employm•nt of an èmployee or to provide temiination benefits. 1.11 R*tlTement beneffts Paymènts to d•fin•d conlriblrt￿n rets"rem•rtt benefft sclwnes are d￿rged as an expense as they lall due. Retirement benefits lo employees we pro￿￿￿ by Ihe Teache￿, pe￿10Th Schem& fTPS'I dèfined ben&frt xheme. The assets and the liabrfitses are held sepafatety from thos8 of the ¢hanty. Cr51kal accounling estimates and Judgements In the applicalKsn of the chanV$ amnts.ng polic￿. the govemors afe required to make judgements. esfjmat8s and assumpth.ons about ¢arryiny amount of assets and bla￿1rt￿ that are not readity apparent from other source5. The e5bmale5 and assoriated a￿UMpti￿$ are based on historical eXPer￿ce and other factW5 Ihat are considered to be relevant. Actual rèsutis may differ from these estimate5. The estimates and undertwn9 assumplions a￿ reviewed on an ong¢ing basis. Revish)ns to a¢¢ovnling ests"matès are ￿CeNdnI$ed in the pellod in whth thè estimatè ts rèvisad where th• revIs￿n affects only that peri(xY. or in Ihe pwirmj of the revision aThJ hjture peri¢x15 wthere the revi5iws affec15 current and fvtu periods. 15- LALEHAM LEA SCHOOL NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 1th￿rn• from donalions and legacies Total ilnrestricted Restricted fvnd funds 2024 2024 Total fvnd$ 2025 fund$ 2025 2025 2024 Donations and gifts Grants 550 170 170 123,951 98.126 98.126 123.951 98.126 98.676 170 123.951 124.121 Incom• frorn charliabh acllvhles Unr•striet•d funds 2025 Unrnstrl¢t•d nds 2024 Edu¢atk•nal activlties School fe95 Club income otMf kn¢omt 1,209,413 34.106 22.366 1.320,991 34.764 1Z.605 1.28S.885 1.368,560 IDcom• from oth•r tr•din9 acllvlti•s Unrestrictgd Vnr•strict•d funds funds 2025 2024 Other income 237 2,454 Income from Investm•nts Unr¢$tricted Unrnstr5eted funds nds 202S 2024 Interest receivable 12.394 12,929 16- LALEHAM LEA SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Expenditure •)n raising funds Unr*stri¢tsd Unrestrlcted funds funds 2025 2024 Fundraislng and publicity knertising Other fundraisin9 wsts 7.908 12.795 1.388 7,908 14,183 17- LALEHAM LEA SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Expendityr• on ¢haritabl• a¢tNiii•s Edu￿tIonal School aetl¥ities equipment 2025 2025 Total Edueatlonal Sehool aetmtles equlpmerrt 2024 2024 Total 2025 2024 Direct cost$ Staff costs Rates arHI water Insurance Light and twt Educational resosjrces and expenditure Postage, telephsyw and stationery Svndries RepaikB and maintenance Indirèct èmpwe expenses Subscriptions IT costs A9en¢y staff ¢osts Club and Outings expensès Catering expenses 946.705 10.991 9.941 16.343 946,705 10.991 9.941 16.343 868,805 9.220 10,261 23,688 868,805 9,220 10,261 23.688 25,291 25.291 34,089 34,069 12.470 4.686 59,572 12.470 4.686 59.572 17.603 4,673 52.088 17.603 4.673 52,088 9.733 18.663 9.424 2S.420 9.733 18.663 9.424 2S,420 5.647 22,036 17,665 7S,854 S.847 22,036 17.665 75,854 20.852 80.945 20.852 80.945 14.741 85,315 14.741 85,315 1251.036 1.251.036 1,241,68S 1.241.685 Share of support and gov•rn￿ eosts (set n¢>tè 91 Support 2.485 43.444 39.209 45,929 39.209 44.708 48,010 18,853 18.853 1.292.730 43.444 1,336,174 1.263.840 44.708 1.308.548 Analysls by fund un￿*￿¢t*d funds Re5trth0 lunds 1.194,604 98.126 43.444 1.238,046 98.126 1.139.889 123.951 44.708 1.184.597 123.951 1.292.730 43.444 1.336.174 1,263.840 44,708 1,308,548 18- LALEHAM LEA SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Support COs1S allo¢•t•d to actlvltles 2025 2024 O•prèdatron Bank charges VAT reclaimad on assets [pr￿egiStrationI Govgfnan¢e costs 49.678 2,48S 16,234 39209 44.708 3.302 18,853 85,138 66,863 Anal￿e￿ between: Educational adiw"t*s S¢hoc4 equipment 41.694 43,444 22.155 44,708 85,138 66.863 10 Nel mov•ment in fun¢ts 2025 2D24 The ngt movem￿1 ffi funds is stated after C1w￿￿(￿ed￿ryj.' Fees payable to th# ¢harty$ auditw. - for th$ audtt of the Chari￿s finanrial statemenis - for other financial servi¢xs Dépwation of owned taThJiNe fixed assets 6.750 2.200 49,678 6.200 2.075 44.708 None of Ihe governors lar ony peF50ns c4mrled *ith th8m} recewed any refflur￿ati0n ty benefts the chaiity durirffj the year. 12 EMploy￿S The avernge mOntr￿Y number of emptyes durirwJ Ihe yearw4$: 2025 Numb•r 2024 Number Teaching Support 16 14 16 12 Total 30 28 19- LALEHAM LEA SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 12 Employees IContlnu•d) Employment CQ5ts 2025 2024 Wws and salaries Soaal securily costs Other pension ￿$1$ 721.897 59,571 16S,237 668,056 66,695 134.054 946.705 868.805 The number of aM￿oyeeS V•fiose amual teff1jnerathL￿ was more than £60.000 is as fdlows.. 202S Number 2024 Numb•r £60.001- £70.LKK) RwnuDeration of k•y matmgoment pers¢)fftrnl The ￿m￿nerab"On of key fflanager￿ personnel was as fdlows: 2fj25 21124 Total compensallon 205,868 164.709 The trustees consider 312024.. 3) Memb￿ of staff to bè kèy managemenl peTh)nnel. 13 Taxatlon The charty exenw from taKa11￿ on its ￿¥￿tieS because al its irKome is appl￿￿ for ¢haritsbte puwposes. LALEHAM LEA SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 14 Tanglbl• fix•d as¥•ts ¥•hkle$ Cost Al 1 September 2024 Addil¢ons VAT re¢iaim8d on a55el8 Iprwegislrationl 98.799 20.071 {11.4621 273.262 10.305 {5.4571 83.576 3,151 IS.6811 22,260 477,897 33,527 122.600) At 31 August 2025 107,408 278.110 81.046 22.260 488,824 D¢prn¢latlon and impalm)enl At I Septemb81 2024 D*prg¢iation charged in the year VAT redaimed on assets Iwegistralion) 22.332 156.726 28,756 12.6211 45,352 11,079 12.1431 22.260 246.670 49.678 16.234) 11.470) At 31 A￿U$l 2025 30.705 182,861 54,288 22.260 29).114 Canylng amounl At 31 August 2025 76.703 95.249 26.758 198.710 Al 31 Auwst 2024 76,467 116.536 38,224 231.227 15 Deblors 2025 2024 Arnounts falllng du• within ono year. Trade debtors Other debt¢yS Prepayments and accwed in¢>Jm8 274.852 237,548 7,712 23.821 64.229 339,081 269,081 2025 2024 Amounts falllng du• aftèr morè than *)n¢ y•ar. Trade debtOf5 11.363 8,101 Total debtoTs 350,444 277.182 21 LALEHAM LEA SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 16 cr￿lt015. wnounts lalling du• within •n• y•ar 2025 2024 Other taxation and socfial security Oelelfyd income Trade creditors other c¥editors Accruals 70,805 347,$61 100,478 72,877 11,825 17 431,549 60.040 69.220 14,392 603,546 575.201 17 Dèf•rr¢d Ineome 2025 2024 Arisir¥J frDm scho￿ fees receNed in adVa￿e 347.561 431.549 t)efeThed inoyn• is includ•d h) the ststem￿s 85 foliort.. 2025 2024 Defefre(l in¢om8 is IndUd￿ *ith#i.' Current liabililie5 347.561 431.549 Mov•m•nts in the year. Oefeffed in¢omè at I Septembar 2024 Released from p￿VIouS peric#Js Resources d8fèrred in thè year 431.$49 {431.5491 347,561 433.011 1433.0111 431,549 Deferyed income at 31 August 2025 347.$61 431,549 Indudsd in deferred inc￿ne above a￿ Sch￿)1 fees relating to th• next finanual ￿ar of £347,561 12024.. £431,549). 18 Retirement b¢ntrrt $¢heme$ 2025 2024 Defined eontrlbullon s¢hernes Charye to profit or loss in reskwt of deffined rontrl)utw s¢hemes 27.972 23.426 LALEHAM LEA SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 18 Retirement benefft {Continu•d) charitys wnph)yees belon9 to tthY> prKwl pensw)n schtm¥s.' tl* Teachets, Penskin Schamè England aThJ Wales {TPSI for academic arwj fgl*ed 5tstr. arrfl the TPT Pengon Scheme (TPD for non-teaching 8tsff. Th& pensim ¢har9¢ fty the year i￿1￿118$ ¢¢ntribulI￿S payabl¥ to ths TPS of £137.26512024.' £109.394} and Contributi¢￿5 payatA• to the TPT scheme of £27.972 12024: E23.4261. ContiibvtKins amountin9 to £14.912 12024.. £nill were payable to the schemes at 31 August 2025 and are IndUd￿ 4•thin Lyeditors. T•ach•Ys' P•nslon Sch*m• The Teachers, Pan￿0￿ Scheme ffPS) is a slatutory. contribjlory. d&fined benefit 5theme, governed by the Teachers. Pension Scheme Regulations 2014. Membership is aulomatic foi teachers in the charity bul all teathers have the cYl￿n to opt rrtrt of the TPS fc4hMng enrolment. Th¥ TPS is an unfundefl sdwne to whith both lh¢ member and emplO￿r mak¢$ ￿ntribUtIOns, as a pefc•ntsge of salary. Th•se I￿￿t￿.￿￿￿tiOnS ￿ uedrted to lh¢ Exthequer. Retirtm•nt and other p?n$ion benefits arè paid by ftmds provh1ad by Parfiam&it. Valuation ofthe T•aehers' Penslon Sth•m• The Governmont Aduary. ugng nC¥M￿ aCtU￿la1 Fwnwes, C￿d￿C￿ a forn￿ xtuarial ￿VIeW ol ihe TPS in accordance the Public ServK* Pensi￿5 IVaKJation5 #nd Empbyer Cost Capl Directions 2014 published by HM Treasury every 4 year5. The aim of the review is to ensijre scherne ￿$ts are rgcognised and managed appropii8tety #nd the reviw speofies the level ol fvtur8 ¢4xtr1)ul￿S. Actuarial schgmB valuations are dependent M assumpts.ons about the valu? of f¢JbJre costs. design of benefiis and many olher factots. The latest acbJai¢al valuatr'on of Ihe TPS twas carried oul as at 31 Marth 2020. The valuation report was published by ttte Departynent for EducatKJn on 27 Octcthr 2023. with the SCAPE rate. set by HMT. applying a r￿JI￿al in¥estm8nt retum based on 1.7% above lh8 late ol CPI. The key elemènts of the valuation outcoffle are.. . EmF4oyw contribulion rates sel at 28.68% 01 P￿s*￿ble pay (W￿lL*JIng a 0.08% 8drT￿nl$trati0n W}. Thi5 is an increasè of 5Yo in employer (wtribth￿s arn1 the ￿$1 (￿trol resuli is suth that no change in member benefits is nèeded. Total scheme liabilitie5 (pensions ￿TrenIty in paymènt aTrJ thtr estimated wst (If fvluro ￿nefits) l(* Service to the effeclive date of £262.000 millK)n and not￿￿1 assets (estimatèd futur¢ ¢ontribullons tO9ethÈr wth the notional Invesbnènts held at valualion datè) of £222.200 million. giv¢ng a r￿p)nal past servKe de￿1 of £39.8LKI Mllion. Tha ￿Ul1 of this ¥alualton V•iM ￿ #nplemented from 1 2024.TrE nexi valuatw result due to bo implemenled frryn l April 2027. A copy of valuatim report and SLpp¢#trw ¢*¢umentalion is on the T襢hers' Ponthns website. Under thé dèfiniti￿$ set c*Jt in FRS 102. the TPS is an unfvftded mulb*mploy¢r ptrn$￿ 5theme. The charty is unabl* to idtrnbfy its shar• of tho underfyirg assèts and liabilities of the plan. A¢wrdingly. the charity has tsken advanlage ol Ihe &xtynpt￿ in FRS 102 and has ha5 a¢pJunted for its ￿￿tribut￿)n5 to the scheme as il itwere a deffine(I conlribukn s¢heme. The tharity has sei above Ihe information available on Ihe scheme. LALEHAM LEA SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 19 Unrèstriettd fimds Th• unrestdcted funds of the tharity corn￿150 the unexpeThJed balances of donations and grants wthich are not subject to specific condilions by donors and grantors as to how ihey may be used. These indude designat8d lunds whth have be￿ set aside ¢Jrt of unrestrth41 fiJThJs by the trustoes lor specific purposes. Incoming Resource$ At 31 August Septefflber resources expended 2025 2024 Genernl funds 1.279.066 {1,24S.9561 942,796 Prevlous year: Incoming Septsmber r*$Ou￿9 2023 Resources At 31 August eynthd 2024 General funds 724.353 1.384.113 11.198.780) 909.686 20 Flnancial comitfflents. wrntees and contlngent Ilabllllws D￿lTr9 the year ended 31 Awst 2020 thè schcpJl opened ts kitc1￿* for meals. A ¢mtract was fomed with Nourish CrJntract Catering Limrted to supeNise and manage the caterin9 s¢rvtts. The temi of this contscl was six yoars and ended on 31 Dacember 2025. The chanty extended the contract for a further 3 yèars unlll 31 December 2028. If the schod decKles lo torminate Ihts contrad before this date they will b8 liable to 3 Ir￿thS fee of £2.5W. The previous contract gave rise to a Ih*¥iity in 2024 of £1.083 t•&thith has now ended. 21 Operating lèast ¢¢)mmitments At the repoitng end dale Ihe tharty had (wjtstandng ¢omrrMtirMts for ftslure mininum lease paymenls urKler nonacancdfable operating leases, which fall due as fdlows: 2025 2024 Within one year 6.912 7.489 14,401 Related p*ty transactions The￿ were no disdosable related paity transact*Jns durinig the year. 23 Analysls of ¢hang•s in n•t fvnds The ¢hanty had no matefial debt durvw the ygar. -24- LALEHAM LEA SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 24 Cash generated from op•ralions 2025 2024 Sufplus for th* yèar 33.110 185.333 Adiustm•nts for: Investment income recognised in slalement ol fmancral xtivths VAT redaimed assets {pre-registrationl Oeprecialion and impaimient ol tsngible fixed assets 112.3941 16.366 49.878 112,9291 44,708 Movements In worklng eapltal: Ilncreasèydettease in debtors Inueaselldeueasa} in credrtors IDecTeasel ui deferred incomè 173.2621 112,333 183.9881 19.047 1181,3021 11.4621 Cash g*neral¢d from gperntions 41,843 53.395 -25-