RECISTERED COMP_4NI- NI.'I1BF.R: 062%8947 {F.ngland and W21esl REGISTERED CHARITI. NUMBER: 11.13092 Report of the Trustees sfftl ditcd Financial Statemcttts ror the Year Ended 31 Allgthsl 2025 for London ChTiStian School Ltd (A CofflpaN) Lifflited b) Guarnntte) Gatside and Co. Limited Chafflered Act(nIan19 & Siaiutory Audiior Slliit 631. LI1) Hdll 162-168 Reiweni Street Londo WIBSTG
London Christian School Ltd CDnlertts of the Fin2rtcial Stattmertts for thc Ycar End¢d 31 August 2025 Page Reference and Administratii'e Dtt*ils Report of the Trustee5 Report of the Independent Auditors Statement of Financial ACtitte5 Balance Sheel 10 Cash Flow Statement P4ote5 to the Cash Flow Statement 12 Notes to the Financi•l Statements 13 to 21
London Christian School Ltd Rcfercnet and Admini$trativt Detxi for the Year Ended 31 August ?025 TRUSTF.F.S C D F15hlock J AMI{U N Collert-Whii¢ C J Hoare A J IILCalli%¢cr Iic%i¥ncd £7.1.20251 T C 11 Wnghi G K Y Iluang M J Burden J D C Nlonro r. H Price lapwinted 23.6.20251 COMPANY SECRETARY C E Ellse REGISTERED OFFICE 40 Tab3 Strcct London SEI 4JU REGISTERED CONIPANV *ufiiBER 1kn2¥11947 [Enand and Wdlcs) REGISTERED CHARITY p4ll1BER 113369: SENIOR STATUTURY ALIDITOR Gardh Owen Hughes Bsc AC.A AUDITORS GatNidc and Co. LiTnltcd Chanered Jlccouttthnts & 5rawiory Audiior Suiii 631, Lincn Hall 16?_168 Regent Stre London WIB 5TCJ SOI.ICITORS Moore Bailow LLP Gatcwav Housc Tollgate Chandler's Ford Easileigh. Hampthite SI)£3 3TCI BANKF.RS Reliance Bank Faith Hougc 23.?4 LoN'ai Lane London EC3R SEB Page I
London Christian School Ltd (Registertd rtumbtr. 116288947) Rcport ol. the Trustccs for the Year Ended 31 August ?025 The Thslccs who arl also dirLclor5 of IhL chariiy for thc Pu5< of Companics Acl £lKJ6, prcscnl thcir rLporl with Ihc fLnancial 5talenienls of the rharil! toi the vear endtd 31 Au¥ust ?O?i. The trusl¢¢s haN'e adopted Ihe PlOVlSlDll.S Ot- Accountin&7 Reporting by Charitie5.' Sialemenl of Reconunet)d¢d Praciict appli¥abl¢ io chariue5 prepaTing iheir accounts iii accordance wilh Ihe Financial RLPUrtin¥ Sidiiddrd dppIiLdblL Ill thL UK dt RLpublic of IrLldnd IFRS 10?) Icftcitivc l Jlldry 2019I_ OBJEC.TIVES.4ND ACTIVITIES Obje£ti%'es and aims Londthn Lhri%iidn 5L.hLI Lld ILgi%tLILd ds J Lh1 ILhatilY NumbtT_" I1336Y21 in Jary 201U_ I'hL LhktrildblL Lumpdny was established to provide excelleni Christian education for the ch..Idren of London. Public benefit The Iruslees have CODsidered ihe Charily Coinmission's guidance on public benefil anl in particular. the specifie ¥uid2nc£ in relation to chariiies tar the advancement ot educaiion, and are £ariified that the activitte% of London Christian Scliool Ltd fall withiii that guidance, including the provision of butsaries 10 covei hardshIp. ACHIEVEMENTS AIYD PERFOR[LNCE Charit#bli aetiviti¢5 London Chri51ian School was esiablished in 21x17 wilh the a]tn of providing an excellent Chnstian education for children in central Lundun. In ScptLtnbci 1009. thL %Lh(x)l rnuvcd intu PLTtnaTrcnt prLtni%¥% TiibdTd Str¢¢l in Buruugh Wi Lontinu¢ iv bLn¢fil frvin the spacious, purpose-dtsigned and well-maintained building. We have been able to piovide try high quality ducation at a ftt level below the majoiity of indepeadeTrt schools in London. C.l)ildrell from all ba¢kwunds allend the i¢hool, with ihe majority living M'ithin a Th'o mile rddius of the schwl. During ihe 2044_25 ye, pruvidLd bUTriCS for tcn ihildrcn, rging troEn l(fiib- IIKYAQ reduLiion of fccs. We wtlcomed an addilional sixleen children ints) Early Recepiion and ReLeplion in Sepiember •024. We have seen Ihe children thriving) cac1Cal1y, and %howinL> hcalih). N)cial and cmotio..l pro&vrcs This yLar %Jw an inLreas¢ in inLomL from our Lharitsble aLtivitio* in thc forn) of %Lhool fLcs. FINANCI.4L REVIEW Financial positlOD Thc Finun¢ia] Sthtcml1s LOVLr all thc activitiLS of thL Charitablc company and havL bccn prLparcd lin a¢¢rual basis. Our lotal Incoming resouries were £1.599.643 12024-. £1.512.05?l. derived mainly from school fees, granl income and small donation4 rcccivcd durin¥ thc ycar. This yLar saw at) incrcasL in inLomc from Dur chariLqblc acii%iiiiS in forni of school ILCS, We atso continued to rcLcivL a hcaliliy amount ot incorne frorn After School Clubs and extra-curriculai aclivities. Wc rcccivcd d support grdnl UK Chii4tian Schools Ltd c)f £56.414 120?4= £11?.440) to u%cd priTnarily fDr building mainten&nee cosis and the funding of one 11 bursary. place. Expenditure on charitable activiii&s amounted io £1.620.072 12024.. £1:501.509 1 including Suptwrt costs of £12,46212024.. £12.738 For The year ertded 31 August 2025 The chantsble company retwned a net defi¢ii of £20.429 {2024=£10,534 nei surplus). Tlie Irusteeq are satistied wilh the tinancial position ot the charitable COTnpany T confirni that they have adequate a5s¢is available to luifil Ih¥ir obli¥diions Page 2
London Christian School Ltd (Registertd rtumbtr. 116288947)
Rcport ol. the Trustccs
for the Year Ended 31 August ?025
FINANCIAL REVIEW
Rp5erTr'es policy
Thc IIubtcr% IcTtn alTr] Is to ltUb1Jh TcscrvL at u ILvcl which cclualL tv npproximulcly ihrcc tnvnthl vf unru¥tllLILd LhuntublL
expenditure. The trusiees consider this to be a prudent approach 10 proi'ide sufficieni funds to respond 10 the running of ihe school
and cnsurL Ihai IhL SLLPWIrt and govLmancc iosts arc COVLrcd. Thc balancc for u1CstrIc1ed funds al 31 Augusi 2025 was L244,718
(2024.. £265,147).
Golng ¢on¢crn
The Irustets considtr there are no [tterial uncerthinLies aboul the charitable company's ability Io ionlinue as a going concein. Tlie
rLvicw uf thc linanci411 position, IcscTr'c Icvcls und futiirc plAtLS gii.cs ttuslccs confidcncc tlic Lharitsblc cuinpuii}' ILmains d ¥Oln¥
concern for the foreseeable futur¢ Further derabls regardbng ihe adoption olthe going cotKem basis can be found in the Noies io Ihe
Financial Siatements- ALL0L1]n.£ Policies.
FUTURE PLANS
September 20?4 1)rought tlie sthrT of our sei'¢nieenih year at Lond()n Christian S¢hwl. Il'.e are delighted that the 2cquisiiion by UK
Cl)rislian SchiKils Ltd of the next door building at )0-3? Tabard Srrert has allow'ed us to enhanct the school facilities oi'er the last
yedr. In PdrtiLuldT, thc sutnmcr UF ?024 sa. rcnuvdtion "ik in the bdtsL'lllCnt and ¥round fl()ur of 30 Tabard Sticet. joinin¥ it tv oiir
existing School buildinn and creating additional hall space and a kilchffl all0]ng u5 to offer hoi lunches frotn Scplernbtr 2024. The
building ai 40 Tabard Strcei coJ)tinu¢s LO b¢ r¢rsh¢d and lOglher WiLb ih¢ nexi do(Ir building mttLS our n¢ds well at pres¢nl and ab
we loak io the fvture.
ThL Lhildrln arc sprcad vyer cight <tiadcmiL yeilTS. from Early RcLLPtion to b, with a vne-foim cntry mvdel. Wc bc¥an thc
academi¢ year with 115 children. We gai)Yd and losi some children throllghoui the year and ended in July 2025 with 115 chiJdT¢n.
The JOlY ofieavers were primaril) due lo relocalion nalionally and inlernationally.
Our Year 6 leavers moTr"ed on to secondarv schools ai iht end of the year. Il"'e weTe delighted wilh t]r I l+ resulis. and they accepted
LOtI]PLtLllVL plaLCS, it]Lludin¥ siholarship awards {indilL by I, at .411cvn's School {"1, Cardit]al Vau¥han Mlmurial SLhool
121. City of London School I I i. Colle'5 {1"). HaTfJS AcadeTnY Battt15ta (I l. St Cella's Church of England School {2¥1, St Dunstan's
College141, St Michael's Ca¢holic Colleg¢ {11, The Grey Coat Hospiial SL'hool11 I, W'hiigifl12
We were thankful for the provision of so many excelleni ieaeheTg. ieathing ttsgistartts and giaff. Miss Nitola Colleti-white toniinlled
Headmistrlss. Shc a5 assisicd by ninc tull timc Jtld four part timl t
London Christian School Ltd (Registertd rtumbtr. 116288947) Rcport ol. the Trustccs for the Year Ended 31 August ?025 STRUCTURE. COVERN.4NCE AND mANAGE]ENT RPCruitellt and appoIntellt of tru5tee5 Thc Buaid htLb thL wwcr ul uny IITnC to app4>int. by vtdltry lUtiOn u¥icc41 by u simplc rnajurily, tjny PLTsun ursun1tJVll wh is willing to b¢ a Board member, eirher 10 lill a Casual vacanc} or as Jn Jddition to ihe existing members. Mewnber%hip 1% open to other individuals ororgani5ations who". - apply 10 London Chrisiian School in ihe fom) Teqiijred b). lh¢ Boar dfL appfovLd by IhL Eld. dnd testih" in w"riiiiig their unqualified adherence to the Doctrinal Statement as set ollt previously in the niemorandllm of association. The number of trusl¢o% shall be noi than Ihree blli unle&s otherwise deterniiml by ordinary resDlution. shall not b¢ subject lo any maximum. Inductlon and traininR of nem. trustees The irnstets keep themselves llp to date w ith charli¥ law and regulaLions perthining lo Ihe tducalional secior, so Ihal they can bring an iiiformed eye to their WOTk. The Irustee5 eTL4ure that ihe company benefit5 frotn high-quality investment and legal advicc. Org#ni$ationxl stru¢ture The Irustees, who ar¢ also the direciors for the purpose of company law. and who served during the vear were.. C D Fishlock J Arnmoun N Collctt-whitc C J Hoare A J MLQalli%tLr {rcsigned 27.1.251 TCWWright Mlwesl CrKYIIudn¥ M J 14urdeii JDCMonro E H Price (appointed 23.6.251 Thc B0rd con%i%t% ot cllrrcnt and p&%t parn1. %taff rncmbcrs and cxtLYnal indiKidudl%, dll with a Pds%ion for scckin¥ to dcvclop our school. They nieet each half terni lo dJ5CILSS the sch1 action plan and 10 moniloT Safeguardig, finaDce5 and implernentation of poIILl¢S. Our trusiL¢S ar¢ kivn to bc InN'ol.ed in s¢h(y)I lil¢ Ihn)ugh visils, ass¥inbli¢s and ¢VLnts. Risk management The tru5tee5 have a dury io identify and review tk risks io which the chaTilable company 15 exposed and to ell5ure appropriate conirols are iii place io provide reasonable assurance againsi fraud and error. Iniem¥l svsiems and procedures are in place to conth>l all finanLidl rran%aLtion% and cnsiirc thc chariiablc coinpdny'% aetivitjcs Lomply with all dpplicabli fi¥ulationli. Related p#rtitS Details of relaied paffies, where ihe ffiistees have restrt)nsibility for oiher charities which have dealings with London Chrisiian School Ltd, arL SLt out in thL notLs to thL aLLOiLnts. wherc applicable. TRUSTEES, RESPOISSIBILITI, STATEMENT Tli¢ IIu5te¢5 Iwhu dr¢ ilsu the dii¢Llt)r% uf London Christian School Ltd for the PUT$ of company lawl are spOnSible for preparing the Repori of Lhe Trusiees and ihe financial slattmtnis in accordance M'iih applicable law and Uniled Kingdom Accolmling Standards (Unilcd Kin¥dom Gcncrally Acccptcd Accountin¥ Practiccl. Page 4
London Christian School Ltd (Registertd rtumbtr. 116288947) Rcport ol. the Trustccs for the Year Ended 31 August ?025 TRUSTEES, REsPOS]BILlTy STATEMEYT- continlled c.ompany law Tequire5 the Irusiees to prtpare financial sialeTrrnts for tach financial year. Under Ihai law, the Irustee5 have elecled to prcparc th¢ fjnancial slaicmlnis in I0rdniC WAih Uniw.d Kingdom Gcncrally Acc¢pd A¢¢ounlin8 Practl¢L IUnil¢d Kingdoi Accountin&> Standards and applicable lawl. Undlr rvtnpally luw thc tni%tccs mu¥t nvt ¢ippruvc thc finiincial %taICmt_% unlcKE thcv atc %ati%ficd ih4t thcy givc a ttuc oind fdll VILW of the state of affairs of the chariLgble ¢ompani' and of the incaming res)urces alxi appli¢aiion of r¢sources. including Ihe income and expendilllre, ol the chanlablt Lompany lor thai peri(xl_ In preng those Imaneial stalernenls. the tnjstets are required to select suitable ac¢ouniing policies and ihen applv ihem Lonsisn11y- obsLrvL ihi mcthuds llnd prinLiplcs in t. Charitics SURP- make judEernent5 and estirnale5 lhal are reasonable and pwdeDt- prepare Ihe financial siatemenis on the going coTKern basi5 unless il is inapproprie 10 presume thai the ihariiable coinp&ny will ¢tinUe iti The trustccs aTL fLsponsiblL for kleping prop¢r arLDunting rc¢ords Vghi-h dis¢10Si wilh rcasonablc #eLuracy at any tirnc thc finJn¢ial position of the chaniable compally and io enable ihtrn io ensure ihai the tinaneial 5th1ements comply wilh the Companies Act 2006. Thty are also responsible for saftguarding the aknets of lh¢ Lharitable company and Iitn¢¢ for iaking reasonable sleps for the prcvcntion and dctcction ot fraud and othcr irrc8ulariiics. In bo far as thL Irustccs arL aw2rc'. Iliere is lean[ audil infonnaiion ofwhich ihe ihariiable compan} s audilors are unaware.. alld thc truslEC% hdvc all stEP% thdt Ihcj" ou¥hi tD haC takcn tu makc ihcm%clvc awarc of rtltvdnt audit infotmatjon t esiablish thai the aud110rs 8re aivare of thai infomiaiion. AUDII"ORS Thc auditorb, (iar¥idi & Co. Limited, will bc proposed for rc-apwintmenr at thL (orth¢oming Annual Gen<ral ML<ting. This report has been prepated in a¢LOtdanie wilh the special PTovi%ions ol Part 15 of Ihe Companies Aci 2(M)6 relaiing 10 small compdnic%. ApprovLd by ordLr of thc board of trustccs on 114 May 2026 and SignL on its bclmlf by= C D Fishlo¢k - Trust¢¢ Page 5
Rtport of tht Independtnt Auditors lo the iblttnbtrs of
.ondon Christian School Ltd
OpiDlon
WL huvc ktuditcd thc financial %talcmcnls of London Chri%tidn School Ltd Ithc'Lharitsblw company,) fvi thc ycar cndcd 31 August
2025 which comprise the Siaiemelli of Financial Aiiiijiies. the Balanie Sheeu the Cash Flow Statement and notes ihe financial
bialimcnis, iniluding a suinmary of sigtlificani aictxjnting liCIL. ThL" financial riP(Trnin8 fraMeOrk Ihat bccn appliLd in thcir
prepaTalion Is applicable law and United Kjngjdom Acrounling Standards {Uniltd Kingdom Geneiall) Acctpttd Accountin
Praclicel.
In our opinion the financial 5tatewneDIs'.
give a true and fair i'iew of ihe $ie of the ¢hari¢able companv's affairs as ai 31 .4ugusi 2025 and of its incoming resour¢e> and
arvli¢ation of resource%. includino lis income and expenditsre. for the year tlien ended:
ha'c been properly prepared in accordance '1th Llliitd Kir.gdom Generdlli Aicepled Accounting Ilrdctice., and
haN'L bctn WLparcd in accvidaDLC Wlth ihi IL4Uilimcnts of th¥ Comp4llliCS Act"IXI6.
Basis for opinioo
'¢ conducted OUT audit in accoTdance with Inlemational Standards on Audiling IUKI {ISA5 IUKI) and applicable law. Our
responsibililies under ih05e siandardi are further described in Ihe Audilots. re5pon5ibililies for Ihe audii of Ihe financial siateTnents
%ection of our report_ Il'e are independent ot the ¢harit2ble c4)mpani ill a¢¢ordance with the ethical requireinetJLs that dre relevant tLI
our audit of the financial 5taien]ents in the LIL Ulcluding the Tr"RC's Eihical Siandard. and we have fulfilled oiir other eihical
rLsponbibilitlCb in acLorddllLC Iwiih thc%c rcquLietlll$. bcli¥vL thai th¥ audit cvidLn¢c wc havl olAaincd is sutTILiLni and
appropriate io provide a basis for OUT opinion.
Conclusions relating to going conter
In audiling th= financial staiemenlb, we have ¢on¢luded ihai ihe trusiees. use of the going Loncem basib of acLoLmiing in the
prcpdrdtion of the t1cIal 4tstcmcntS 1% dppropriatc_
Basid on thc work wc havL pcrformcd, N'c havL Thot idintificd any matLri&l IlllCLrLainiics rilaiin4 lo cvcnts or Londitlolls rhut,
Individually OT collectively. may iasi signiliranl doubt on th¢ chantsble COTnpanv's ability io ¢onlinuE 3s a going ¢ort¢Ern for a EKriod
ofai leasl Iwelve months from wlien the financial sLatrmenis art authoristd for issue_
OUT Tesponsibilitics alld the responsibilities of the trustees with respeci to going concern are described in the relevani sections of this
rL'POrt.
Otber
Tlie Irustees are responsible for the otheT information. The otheT inftsrniaiitrn comprises the infom13tion included in the Annual
Report, oil)¢r than il)e finanlial siatements Jnd our ReFx)rt of the Indelden¢ Audiiorg thereon.
OUT opinion on the financial stateTllent5 doe5 Ttol coyer the oiher information aT¥J. except lo the extent otheTwise txpliciily Staled i
our rLport, w¢ dts not Lxpr¢ss any form tst &S>uranci conclusi Ih¢r¢on.
In connection wilh our audit of the financial staternenls. our resnsIbilitY is Lo read the other informalion and, in doing so. consider
whcthcr Ihc othrr intiTriwndtioll is matfTi
Rtport of tht Independtnt Auditors lo the iblttnbtrs of London Christian School Ltd Matters on whieh arc required tts r¢port b). cxteption In the lighi of the knowledge Jlld understanding of the chanthble cornpany and lis environmeni obts1ned in the ¢ours¢ of the audit, we have nol idcnlifiLxi ]nalcrial tnisslatLmcnis' in thc Rcpori of ihL TruslCCS. We have noihing lo rert in respeci ofihe following mallers where ibe Companie5 Aci 2(M16 r¢quire5 US to report lo you if, in our upiniun. adequate accounting records have not beev) kept retUTns adequak for our alIt have 0t beell received frorn branches not visited by us: or the tinancial 5taiem¢nts are noi in a¥)reement with the aceounting records and returns., or eertain thsclosurts oltrustees, rtrnuntraiion speii".Itd by law are not made: or WL havc not rLcLivcd all thc intuimation dnd Lxplandtions w'c rcquiic foi oiii audil- or Ihe trustees were noi eniiiled io tske adanthge of the small ¢ompanies exemption from the Tequiremeni 10 prepare a StraieLry¢ Repori or in prepaTing Ihe Rep)rl ofihe Tru51ees. Responsibilities of trustees As explained iiiDre lully In the Trnslets. Re%y)rtsibiliii¢% Sidiemeni. the tnL%tee% (who are also the dire¢tots of the ChtsbIe Company for the puwosts of company lawl are responsible f[ tht prerAralion of the flnancial stsiemenls and for being satisfjed thai thev give a IruL and tair VILW. tol such internal Lontrvl thL IrustCLS ¢JclcTmine LS IJLCCSSary to LniiblL thL prcparution of finanLial sts¢ements that are free trom marerial missiatemeni, wheiher due 10 traA or error. In pLparin¥ ihc financial statcmcnts.. thc trustco% arc rcspon4ible for charitablc comtwiv'% ability to coiitinuc &% a goi118 Clincem, disclosing. as applicable, mairers telaied io going concern and using ihe going concern basis of accounting unless the trustLXS Liihcr inicnd to liqllidatc thL charitablL Company or 10 cca5c opcfdtions. or havc tio rcalisiic altcrnatlVL bllt to dv so. Page 7
Rtport of tht Independtnt Auditors lo the iblttnbtrs of London Christian School Ltd Our responsibilities for the #udit of the financial $tatcmcnts Our obje¢tivei are 10 obrain reasonable assurdnce about 'he1her the fJnan¢ial siaiements as a whole are free from material missiaiLmLlll. whcihcr duL lo fraud or COr. and io issuc a Rwrt of thL" 1nd¢dCnl Audilors ihal includL our OPilllOlI. Rcasonablc assurance is a hibFh level ol'&ssurance. bul is nt)t a guarant¢¢ thal an 3uth"I candurled in accordance "1th TSAS {UKI will always det¢ct a inaitrial mi5blatem¢nt when li tAist5. Mii51aietnen¢s can arise from fraud or error and are consid¢red material if. individually or in thL dggrL¥diL, IhLy Lould rLdstsnably bL LXPLLILd tL? illflucnL thc CLontsniic dcti%ions of tilkin un thL b>Jsis tsf thLSL financial stateThents. The exient to which our proc¢dures are ¢a[ble ot detecting irre8ularitio%, includingTr frdud is detsiled below.. Thc chltabl¢ cvlnpany is subjcLt to laws and Tc¥ulalion% that diicLily aftcct thc financial stratcjncnts incI{ln¥ finwiLliil ieporting legislation and we assessed the exteni of complian¢e 1Th iho4e laws a1 regulations as pan of our procedures on the r¢laied financial slaiemenls ilem5. We ¢oinmuniLaied identifie£l laws and regulations Through1 ieam and remained alert io any indications of non<ompliance throughoui thL audit. Our proLedures included.. Discussion with those in charge 'ith managemtnr. and Irom inspection of ihe e_iiiTh's regulatory and legal cotS)ndenCe. DLSLUSSlOn Wlth thusc Lhar¥cd wjth ManU¥in1 thc policicE and pi(Kzdurcs rk"aiding LoTnplianLL wilh laws and rLgulatlOllS", Rei'iewing tinancial statement dis¢losur¢s and iestirtg to gllPPX)rting documerttsiion io assess compliance with applicable laws and regulations. and Enqiiiry of managcmcnt, tho%c char¥cd with ¥overnancc around aciual and p)icrntial liiigaiion and cldinis. Thcri afL inhLfLnt limitalions in Ihc audit pnKLdurc5 dcsiribcd aknvc_ WL &fL Icss likLly lo bLLomL awarc of instancLb of noll-compliance with laws and reoulaiions that are not clostl} relaied io ti.enis and tTansxtionq reflected iTb the finallcial 5talerneiitS. Also. Ihe nsk olnoi deteilirtg a maierial misstaiemeni due to Fraud is higher ihan ihe nsk of noi deIg one resuliing from error, as fraud mdy involvc dcliikratc conrciLlwncnt b). for cxamplc. forgcry or intcntional ynisrcprcscnrationx i)r throuuh collu%ion. Wc aic not responsible for pr¢ventiThg non-¢omplian¢e QT fraud and ¢annth te expected to deieci non¢omplian¢¢ with all laws and regulations. A further des¢ription ot. our responsibilities for ihe audit of ihe firtan¢ial statertnis is located on ihe Financial Reportingv Council's websile ai www,fr¢.org.UaudllKsr¢s)nSibilItIes. This descriplion fonns part of our Report of the Independ¢n( Audito. Use of our report Thi% rcport Is madc %ol¢ly lo thc rhdritablc cOThpar] % tct &% a . In ircordancc wilh Ch4Wtcr 3 Df Pdrt l fi of ihL CornExnir Act ?006. Our audit work has been undinaken so ihai 't mighi stale the Larithbl¢ coinpan) s inembers those matters we are rLqiiirLd to statL io thLm in an auditors. rC)rt and for no oth."r purposc. To thi fll11c ixlctit rM]lled by law, wc do not aLLLPi or assume responsibility to anyone other than th¢ chaiitable coThpany and the charilable compallv's Tnenibers as a bodj, for our audit work, for this report. or for ih¢ opinions we have fomied. Gartih Owen Hughes IISC ACA (Senior Statutory Aud]"lor) fvr blhiilf of CJui%idc Co. Litnitcd Suiie 631. Linen Hall London WIB5TG I ¥ MLy 2026 Page 8
London Christian School Ltd St#l¢ment of Financial Actiiiti for the Year Ended 31 August ?025 31.8.25 UnrcstriciLd fund Totsl tunds Noles INCOME A]YD ENDOWIIENTS FROTrI Donalions aiid grants 65,698 88.170 Ch8ritable 8rtivitie5 Provision ot-LdllLdiion 1,51U,Y48 1,421,625 Invesimeni income Other income Total 21,35.3 1.644 1.599.64.3 1.512.052 E.XPENDITLRE ON Charitable activitie5 Provision of Lducaiion 1620,072 09 NET INCOMEI(EXPENDITIIRE) 120,429) 10,543 RECONCJLIA TION OF Fu1)s l olal funds broLLghi fon¥ard 265,147 254.604 TOTAL FULYDS CARRIED FORII'ARD 244718 205.147 The notes forni part of these fukClaI siatements Page 9
London Christian School Ltd (Registertd rtumbtr. 116288947) Balattec.Sbcet 11 August 2025 31.8.25 -11.8.?4 Totsl tunds UnrcstriciLd fund Noles FIXED ASSETS Tangible assets 12 24,315 30.501 CURRENT ASSETS SioLk DebtOT5 Cash ai bank and in hand 13 14 Y24 231.980 I2[.205 1.433.109 10,565 1313991 1,325,0(14 CREDITORS Amounts falling due wiihin one year 11,212,706} 11.090.418) NET CURRENT ASSETS 220,403 TOTAL ASSETS LESS CURRENT L TABILITIES 244.718 265.147 NET ASSETS FLNDS 265 147 16 Unit51ricl¢d fund5 244.718 265 147 265 147 TOTAL FUNDS The financial stat¢TllEnt> WtTE aTvioved by the Board of TTUSite5 and auihonsed foT 155ue on I S May 2Q26 and were sign¢d on its behalf by.. C D Fi4hluLk- TnLStLL G K Y Huang- Trustee The notes forni part of these fukClaI siatements Page 10
London Christian School Ltd Cx$b Flow St#temtnt for the Year Ended 31 August ?025 31.8.25 31.8.24 Noics Casb tlows from operating etivities Cash i)enernied from aperations Net cash (used in1lproved by operating a¢¢iviiies 132 9731 112.9731 552.818 552.818 Casb flows from investing aetii'ities Purchusc )I'tsngiblc fixcd Inierest received NLt cash providcd by/lused in) invcsting aLtiviiics {2.1661 112.3421 12 3421 c.hage in cash And cA$h eqiii*alents in the reporting period Cash and cash equivalents It the b¢g1nDig of the reporting period Cash and Cash equivalents at the end of ihe fL'purtin¥ PL'riud 1113,786) 540,47¢> 1.313.Wl 773,515 1.21K).!05 1,313,991 The notes forni part of these fukClaI siatements Page 11
London Christian School Ltd Notes to the Cash FloTrY Statcmtni for the Year Ended 31 August ?024 RECONCILlIlTION OFNET {E.XPEP4DITLREVINCOIIE TO PIET CASH FLOW FRO1 OPERATING ACTIVITIES 31.8.24 Nel {expenditureVin¢ome for the reporting period {a$ per the Stxtemtnt of Fillaneial.4ctivities) Adju5tment5 for: Dcprcciation Lhargi Inieresi re¢eitred InLrLasc in Si(kS IlncTea5el,'decrta8e in debtor5 Increase in crediiors Net cash (used inllprovided bv operatiOll5 (20.4291 10.543 7,504 (21.3£.11 14161 {221.4151 123 136 129731 0.587 15091 6.075 530.122 i52818 ANALYSIS OF CHANGES Ir4 r*ET FUt%DS At 1.9.24 Cash flow At 31.8.25 Lyet ¢ish Ch at bank a1 in hand 1.313,991 13,7861 113.7861 1,200 205 1 ?00,20 1 2(MJ 205 Tot81 The notes forni part of these fukClaI siatements Page 12
London Christian School Ltd Notes to the Financial Statcmcnts for the Year Ended 31 August ?024 ACCOUtYTING POLICIES B3515 of prepaTing the fiDancial statements Thc finunLiul of IhL ChantbIl CVTtipunv, whiLh is a public iK-r]Lfit Lmlily undcT FRS 102. huvL bccn prLpaicLI in accordance wilh the Charities SORP IFRS IO") 'Ac¢ourtling and Reporting by Chariiies= Siaiemeni of Recomrnended PraciiLL applicablL to chariiiis prcparing their accounis in accordanci wilh thc Financial Rcponing Siandard applicable lll IhL UK and Republic of Jreland IFRS 10?) (¢tTectiC l January !n191', Financial Reporting Siandard IQ2 The Fin8ncial R¢poning Siandard applicable in Ihe UK and Republic of Ir¢land' and ihe Companies A¢i 2006. The financial sialemenis hAvL bLLn prLpdfLd undir thL his1()nL1 Lu%1 LunvLrttiun. London Chrisiian School Lid meets ihe definilion of a publi¥ benefii eniily under FRS 10? .4sseis attd liabilities are iniiially 01$¢d at hi%iorical eost or iransaciioji value Unl othenvis¢ ated in the rele¥ani accouniiJi& policy. ThL fJiiunLial statLIllCtiti 1C prcpdrcd in wund stcrlin¥ ILI. .hiLh I thL funLtional Lurtciicy of thc churitablc COmP4Lny. Monetrry amounts Jn ihese financial siaiemenis we rounded ¢0 Ihe neare £. Legal 5tatss The Lhariiv is a Lompans limited by guarantee. The membets of ihe company are the irusiees named ot) page l Reference and Adtninislralive Details. In the event ol'the chantsble COTnpany being Woul up. the liability in ¥peCt of th¢ guarant¢¢ 1.4 limited to Ll per m¢mb¢r gf th¢ ehiriiabl¢ compan).. Goin% con¢erD Thl trLl%t¢c% whcthcr th¢ usc Of thc going cunLCTn bas"iS i% apprL)pfi4tte. natncly whcthcr Ihcic are <Y tnutciidl un¢enainties related to ¢i'¢nts or iondiiiors thai ma}. cast signifi¢ani doubt on th¢ abilitv of rh¢ ¢harirable company to conlinue as a going ioncem for lh¢ foTe5eeable fuiure. The truslees inake this assessmenl in re5pecI of a period of ai leasi twclvc month% from Ihc datE Df aulh0nlin l-or i%c of IhThc linancidl %iatcnicnt%_ TId.1¥ con%idcrEd thc chdiilablt compan%'s forecasis, projectlons. and cash reserves. and taking into aciount reabonable flllctuaiions in pupd numbers and CXPLLILd dctnand for ils iduialional scn.lcL. thc irusiccs consider that thc charitsblc Lompany has adLquaiL rLsollfLLS to continue ill operational existence foi the foreseeable furure and there are Tn3rerial uncertaintie5 aboul the ability lo oniinue ab a going Loncern. Ac¢ordingly. they ¢oniinue io ath)pi the going con¢ern basis ofa¢tyounting in preparing ih¢s¢ financial %taicmcntK. Critieil aecountirtg judgtmtnts and k¢v stsure of estimaiion uneertinh' .siimaies and judgements are ¢oniinualli evaluared and are based on hi>iorical expenence and oiher factors, including cxpLiatiOns of fuiurL LCllt5 thai arc IKliLvcd io IK" rLwnabli llndcr thL cjrcuInstanccs. Criii¥al accOLlIn esiimaieg and agsum lions". The chdriiablc coinpdny itiakts c%iiniaiC% and &uMptIOn% Lonccrning thc Thc rthuliing dCLounting csiillldtcs and assumptions will. by definiiion. 5eldoiM equal the related actual Tesults. The estimates and assllrnplioT15 that have a Significant ribk oi. iausing a matLrial adjiibtrncnt to th¢ Carrying amounts of assets an¢J Iiabilitics u'ithln the nixt finanLi&l yLar arc discus%ed in th¢ accounting poli¢iei above. Income recognition All income rebources are recognised in Ihe Sthiemeni of Financial Aciiviiies when Ihe ihariiable company becolneg legally cntitlcd to thi u%e of the rcwurcc%. dn inflow of ccommic bcnifil its pr(knblc dnd the monctary valuL can bc mc&%llrcd with suffi¢i¢nt r¢liabiliiv. In¢ome trom ch2riiable ¥tivities Comprises schiKJI fees which are reco1$¢d on a straighi line basis over the academic year (I Sepiember 10 31 AugusLI lo whiih ihev la1£. Caih ¢ir¢ r¢LuklSlI T¢L¢IPL OiheT dr¢ (ynLe lh¢ Lhdritsbl¢ ivmpany hdb been nviifitd ul thc donation, unl¢s9 pLrformanc¥ conditions rwuir¢ d¢fcrrnl of th¢ amounL Page 13 continued...
London Christian School Ltd Notes to the Financial Statcmcnts- eontinued for the Year Ended 31 August ?025 ACCOUtYTING POLICIES- co•tinued Income recognilio Gtunt% foi ITlltncdialL finatLLiuI supporl &3bistanLL. or lo tCiTnbupiC C(Rbtb prcYiou%ly iniuircd, at¢ r¢cu¥niscd irntnLxiJutLIy. WhLrc donaiions and granls arL rcslricicd io fuiurc accolmlillg PLriods. thc). atc dcfcrrcd and rcLM)gniscd in ihosL fuiurc accOUting period5. UthLI inLomL i% fLLugnLbLd in thL YLW It Is fLLLivdblL ts) thL LXtL-nt thi LhlbIl company hdS pr(hvidLd thL or service5. All incom¢ is measured at the fair value of the consid¢rdtion received or receivable. net of any rebates OT dis¢ouni&, as applicable. Expenditure reeognltio LidbiliiiLS drc rLLU4IIISLd ts C.XPLThJitUfL d5 thifL IS d icgdl ur ionstrllLtive obligdtitsn Lummiiiing thi Lhdrity lu thdl expendiiuTe. il is probable that a transfer of economic benefi15 will be required in settleinenl and the amount of the obligation can be ineagured reliably. All txpendiiure is accounted for on an accruals basis and has been ela5sifJed undcr headings that aggregate all cost related IL) thc lut.0ry. Losts Lannol bc dirccily attributid to parricular hcadings thLy hal'c bcLn allucatLd to aLrii'itic% b&si con8i$ienr wilh Ihe use of resources. Charitablc activitics costs. arc co%t% incurrcd on thc charitablc compall5 cducaiional opcrdiions. iiicludins7 %UPPOrt cost4 and cost5 relating 10 Ihe gov¢man¢e of ¢he charitable companj. All re50urccs expended are inclusive ot irreVerab]e V AT. Operating Ipa5es Rental ¥harges paid under operJiing leases are charged ihe Siaiemeni of FinatKio1 Aciiyiiies on a styaiglii line basis over thc pcriod of thc Icasc. T#ngiblc fixed assets Tang1ble fixed assets are inilially mrasured ai costs and subsequenrly aSured ai cosr or valuation, nei of depreciaiion and ally Pn)vision for impairmcni. Dcprcciation is rLcogniscd so as lo writi off rhi C05r or valuaiion ILs& cslimatcd rLsidual valucs ol'all fixed assets 0er th¢ir expecled useful live5. 11 i! Calculat al Ihe folloH'ing rates= Fixrure%. Fitting% Equipmcnt Plani alld fvfachinerv i(r/o 51rdight linc bdSi8 2(P/o srraighi line basi5 Ally gain or loss arising on th¢ disposal of an asset is deiemiined as the ditTer¢n¢¢ beTh¥e¢ll the sal¢ PTo¢eeds and th¢ ¢aTrying value of the assei. and li is reeognised in nei incom&lexpendiiurel for ihe year. A review for impairnienr of a fixed asset is carried out ifevents or ¢haniTres in circumstances indicaie ihai ihe carrying value of any fixcd assit may not bL rccoi'crablc. Shonfalls thi carryino Kaluc orrjxcd asscis and thcir rLcovcrablc amDlJtIts ar¢ r015¢d as iTnpairTTrent% Iwnp31Trnent lossefi 3re recoonisai In ihe St3tetneT)t of Financ131 Activiii¢5. The charilable coinwany is exempl from corporalion lax on its charithle 2cii*iLies. Page 14 continued...
London Christian School Ltd Notes to the Financial Statcmcnts- eontinued for the Year Ended 31 August ?025 ACCOUtYTING POLICIES- co•tinued Fund actountimg Gcnciul funds unrcsliiilLJ funds whJLh utL UVULlablc fur UbL Ht Ihc disiictiun uf ihc in furthLrwiLC vf thL ¥cn¢rul objectiies of ihe charitable company and which hake not iw) designated for oiher purpose& Fiancial instruTnents Thc charitJbl¢ iompanv tsnly has fi]w)¢ial &sL*lS and finan¢i¥l liabililics of a kind thai qualify as basic financial insirum¢nts. El&si¢ lin2ncial ITJStrnmenls are initially rttognised at transactitsn value and subsequenily measured at their settlement value. Debtor5 Trade and othei debtors are recognised ai the seiilemeni amouni aner any trdde th"scount otrered. Prepaymenis are valued ai thL dmount prLPdid llLt of dn) rrdde di%counrs duc. Li#bi]iti¢s Liabililies are recognised ,hell Ih¢re is an obligaiion ai the Balance sheei dale as a resuli ora pasi eleni, 11 is probable thai a IransfLI' of Lconomic bLfiLfii will bl" rLqULrid in sciilLmcnl. and ihc ainounl of the scLtlcmcni bc csLimaicd rcliably. Liabiliti¢s ar¢ recosniq¢d at the amount that th¢ charitable companv anti¢Jpates it will pav 19 q¢ttl¢ the d¢bt or the ainnutjt it has received as advanced pallent8 for the good5 or service5 il musi prowde. Pen5ion5 Thc Lh£ttilablL compuny opcr<ltcs a dLfLncd LontributiL)n SLhctllL. contribution pavdblc to thc Lh#LritsblL Lumpany's pcii%ion schcrne are charged to the SiatemeNt ol" financial Ac11.711e5 in ihe period to hICh theTr' relate. DONATIONS.4ND GtL4NTS 31.8.?5 31.8.24 Donattons and gifrs Granr Comrni5sion receiv¢d 8,849 56,414 445 5.599 X2.440 Grants received, included in the a&Jve, are as follows-. 31.8.25 tirant trom UKCS 2 441) The support grant from UK Chnstiatt S¢h(rtJ15 LIJ IUKCSI iy an unr¢51n¢ted gTant which London Christian School primarily for building MaInte9Ace costs and the fiujding of one fi]11 bursary place. Page 15 continued...
London Christian School Ltd Notes to the Financial Statcmcnts- eontinued for the Year Ended 31 August ?025 INVESTMENT INCOME 31.S.?S 31.8.24 Inlcrcsl inLomc INCOME FROM CHARITABLE ACTII'"ITIES Included wiihin Income Irom Chariiable Ac¢iviiies is i8.853 relating io Educaiion. Health and Care Plan (EHCP) funding. OTHKR INCOME 31.8.24 MiscLllaneouy inLomc CHARITABLE AcfivITIES COSTS Supwrt costs Isee nol¢ 71 Diieii Cosis Pruvisiun of cduLation 13 75 620 072 SUPPORT ClkSTS Governance Losts FinanLC Provision of education 813 Support costs. Included in the above, are as follows.. inance 31.8.25 Proviblort Total activitio% cducation Ch¥C 1413 84¥ Page 16 continued...
London Christian School Ltd Notes to the Financial Statcmcnts- eontinued for the Year Ended 31 August ?025 SUPPOR T COSTS- coitinued Governanie ¢05ts 31.8.?5 -11.8.24 Piuvision or education Toral acliviiics Aiiditors, remunerJiion Pdyroll proLL%ing fLLS 8,250 4,21: 3.4Y IYET IYCOMEI(EXPENDITLRE) Net income/(expendimrel is stattd after Chargin(creditigl= 3 1_s_25 31.8.24 DiprLtiiaiion- owttcd asts Renial charbNes AudiLors' remunerntion 7,502 180.000 6,586 148,926 AUDITORS, REMUNERATION 31.8.25 31.8.24 Fcc4 FdydblL to thc charity's auditor% for thc dudit of thc finanLial statements 8,250 8.400 Jo. I'KUSTTr-F,S' F.KA'I"ION AiYD II*.NTr-Tr-I-I"S Two 12024.. two) of the MLSIe have been paid remuneration or have rLYeived other b¢nefJrs for tlieir 5ervic¢s &8 einployees of London Chrisiian khool Lid during IlLe year tr]ded 31 .4ugusi 2025.. These payrntE)Is were made under approved Total rcmunLration and OEher bcncfits. including cmploycr PLnsion cojjtributions, was as follow.. 31.8.25 Collett-white. N WLst, M 76,864 43,468 120332 76,864 Trustees expenses There were no Irusiees, expenses paid for ihe year enthd 31 Augusi 2025 nor for ihe year ended 31 August 2024. Page 17 continued...
London Christian School Ltd Notes to the Financial Statcmcnts- eontinued for the Year Ended 31 August ?025 STAFF COSTS 31.%.?5 31.8.24 Wagcs and balarics Oiher rEnsiot] cost 987,041 43.858 030 899 1,004,457 37.452 lo419 The aierdge monthly number of ¢rnploye¢s during ihe year was as follow5: 31.8.?5 19 31.8.24 20 Teaching sialT Administratlvc iL taff 27 Ke Mana emeni ersonnel Thc tfflal arnoLLnt of Lmplo)'LL bcncfits. including LnploYer pcTh8ion conlributions, rcccivcd by kcy rnanagcmLni pcrsonn.:I for their 5¢tvices to the chat]tsblE COTllP3ny dunng the ytar ended 31 August 2025 wa5 £142.541 12024= £141.5931. 12. TANGIBLE FIXED A&SETS Fixlures dnd ritrings Com[¢c[ equipmenr Toials COST At I ScptLmber2024 Addiiions Reilasqificaiin Al 31 Augii4t 2n25 DEPRECI.4TIUN" Ai I Scptcmbcr 2024 Charge fL)r year Ai 3 1 August ?025 IYET BOOK .LUE AI 3 1 AubTLl%t ?02 Ai ? l August 2024 61,549 $1,190 2,1()6 142,739 2.166 60.699 3.356 144 055 67.119 2.511 69,640 112,238 4,981 50.100 119740 Page 18 continued...
London Christian School Ltd Notes to the Financial Statcmcnts- eontinued for the Year Ended 31 August ?025 ij. STOCKS 31.8.?5 31.8.24 Stocks )24 50¥ 14. DEBTORS 31.8.24 Amounts fdllillg duc within onc ycai-. Trade debtors PrcpaymLnl 159,039 71,763 230 802 10,565 Amniirils falling diic after morL Ihan nnL ycar.. Gifi Aid Ree¢ivabl¢ Aggrcgatc amounts 231980 15. CREDITORS: A TrIOUYTS FALLJP4G DI M'ITHIN OiYE YEAR 31.8.25 31.8.24 Tradt credjtors S181 s¢¢urily and Oth¥r¢S VAT Deposit held FCCN in udvatLLL Pension payabl¢ AiLnLqls and deferred inionie 110.841 18.944 50.597 366,244 655,099 7,649 31.725 21,807 101,860 718,890 5,922 10,154 l Q9Q 418 121270 16. MOVEttrlENT IN FUNDS Ntl movcmcnt in lunds At 31.8.25 Ar 1.9.24 Unrestricted funds (iLnLral tunL1 265.147 120.4291 244,718 TOTAL FUNDS 265 147 20 4291 244 718 Page 19 continued...
London Christian School Ltd Notes to the Financial Statcmcnts- eontinued for the Year Ended 31 August ?025 16. MOVEMENT IN FUNDS- continued Ntl moveTllEllt Jn funds. Included in the above ale as folk>ws= Incoming Resources eXpeIed Movement in fun Unrestricted funds CiLnLrdl lund 1.5YY,fy13 11.61(I,U721 121J.42YI TOTAL FUNDS 1.599.643 1 6?U 0721 20 4?YI Comparative5 for tnovement in fuDds Net ovenenl In fund. Al 31.8.24 At 1.9.23 Unrtstritted funds General fund 254.6(M 10.543 265,147 TOTAL FUNDS 10.543 265 147 Comparative nei movernent in funds, included in the above are as follows.. ncoming resources Resniirce expeTh4ed Moi'emenr in funds UAJrestrlcted funds Cjcncral fiirtd 1,512,052 I1.501,5()I 10,543 TOTAL FUNDS 151.052 15015091 A LurrLnt yL 12 munth% prioi yLar 12 months LumbinLd tx)&iliun is fulluwi. Nel moveTncnt in funds At 31.8.25 At 1.9.23 Unrestt4etod funds GLncral fund 254,604 19.8861 244,718 TOTAL FUNDS Page 20 continued...
London Christian School Ltd Notes to the Financial Statcmcnts- eontinued for the Year Ended 31 August ?025 16. MOVEMENT IN FUNDS- continued A rurrenl year 12 monihs and pnor y1 12 OthS coThbined net Tnovemtnl Jn fUdS, Included In the above aTr as follows". Incoming Resources eXpeIed Movement in fun Unrestricted funds CiLnLrdl lund 3.111,6Y5 TOTAL FUNDS 3.111695 3 1?] 5811 17. RELATED PARTY DISCLOSURES London Chiisti&n Schoul Lid has a latc party Telaiionthip wilh UK Chtisti<ln Schovls Lid by virtuc uf a 5hurcd trustcc. During ilit year ended 31 August ?025, LotKton c4113n SL-hl Lid inade paymenis lolalling £180,0 {2024..£141,926110 UK Christian School% Ltd tor Ihc Icntal of 40 TabaTd Strccr. London SEI 4JU. OnL {?U24..Twol elosL familw mijnbcr of fLcciwed rcmuncr2tion and othLr bcnifits, including cmploycr PLnsion contributiolls. of £12,9i812024.. £17.0881 for their 'OrK" perfomied i0"[d5 Ihe clkiritsble company's objectiN'es. ThC paymrnty wcrc rnadc approvcd ronlrarLs of rynplc)VTncnL WhLre appliLablc, stsff siblin¥ discounts wcrc rn1c availablc duriTrgthe Y under revicw. Page21
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