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2024-08-31-accounts

REGISTERED COMPANY NUMBER: 06156711 (England and Wales) REGISTERED CHARITY NUMBER: 1140307

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Zelda School (A Company Limited by Guarantee)

Roy Pinnock & Co LLP Chartered Certified Accountants Wren House 68 London Road St Albans Hertfordshire AL1 1NG

Zelda School

Contents of the Financial Statements

for the Year Ended 31 August 2024

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 18
Detailed Statement of Financial Activities 19 to 20

Zelda School

Report of the Trustees for the Year Ended 31 August 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Charity's objective is:

"The advancement of education for children by establishing and running a primary school and otherwise supporting the education of young children."

At Zelda School we aim to develop happy,self-disciplined and motivated children. Children learn through play and projects, either individually or collaboratively. This is a place where parents and members of the wider community can take an active role in school life and where people are not measured against each other but against their own potential.

We aim to teach a love of learning and to stimulate natural curiosity by:

We aim to provide children with the knowledge, skills and confidence to become democratic, self-respecting, loving adults.

Significant activities

This year we have continued to run Zelda School as a two class school at Holifield Farm in Cornwall, for up to 30 children each day.

Zelda School is a small environmentally friendly school, with buildings and furniture made from sustainable materials. We have been developing our gardens with the children and have a lovely vegetable patch with a poly-tunnel, a small woodland and an outdoor learning area. Outdoor learning and the environment are key features of education at Zelda School. There is a stable and highly committed team of staff working at Zelda School.

We continue to explore opportunities to further extend the Zelda School ethos to older groups of children and children in other geographical areas, and expand further into offering outdoor learning teacher training for mainstream school teachers.

This year has seen significant cost increases due to inflationary trends in the UK, which has resulted in a significant increase in fees charged. Demand has remained strong, however, and the school continues to be in a strong position to enhance learning in West Cornwall and we are pleased to report that our most recent Ofsted inspection in May 2022 has resulted in a rating of "Outstanding".

Public benefit

The trustees have given due consideration to Charity Commission published guidance on the operation of the Public Benefit requirement.

Page 1

Zelda School

Report of the Trustees for the Year Ended 31 August 2024

OBJECTIVES AND ACTIVITIES

Volunteers

We would like to thank the many parents and carers who commit so much time and energy to Zelda School and make the running of a school like this possible. The support of parents who clean, come to workdays and support the school fundraising activities are much appreciated by the trustees and is recognised as vital to building the school community.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The primary focus of our charity is the operation of a small school in Cornwall, for up to 30 children each day at Holifield farm in Gweek. Overall, around 50 families have benefited from the education provided at Zelda School over the last year, and 12 people are employed by Zelda School. Our school at Holifield continues to operate from from 2 yurt classrooms. Future plans for development of the school site include development of an improved access route to the school in collaboration with our landowners. Planning permission has now been obtained for this road and work is expected to commence in 2025. We have worked hard to support children with SEND this year, increasing our skills and knowledge through various training including PEG feeding and using life support equipment, training to identify and support Neurodiversity and training to support children with their speech and language development.

We have made further links with the wider community and worked hard as a school community to raise funds for additional equipment to enhance the educational experience of all the children who attend Zelda School. School parents have been responsible for building 'Jack's House', a brilliant thatched playhouse which has provided the children with new opportunities for imaginative and creative play, as well as another covered space where children can work. We have supported staff to gain further qualifications and improve their practice, which is supporting our mission and enhancing the quality of our service.

Fundraising activities

Zelda School is fortunate to have a very active school community which organises many fundraising events throughout the course of each year. Fundraising efforts have focused on raising funds for additional resources for the school, with the added benefit that the events are enjoyed by all who attend. .

FINANCIAL REVIEW

Financial position

The school made an overall net surplus of £11,727 this year.

The principal sources of income were school fees of £87,394 (2023 £82,091) and Early Learning Scheme fees of £97,593 (2023 £86,592).

Total incoming resources were £23,784 higher than last year while total costs were £16,089 higher than last year.

Reserves policy

The trustees are seeking to build up the reserves to a level which could support the operations of the charity during any temporary reduction in local authority or private income.. The trustees are therefore working towards holding reserves of approximately six months core expenditure and the charity currently holds reserves equivalent to three months' planned expenditure.

Page 2

Zelda School

Report of the Trustees for the Year Ended 31 August 2024

FUTURE PLANS

We continue to develop the Zelda School vision for the next five years. Part of this has been to clearly define our strategic focus, which is 'To develop and innovate outdoor and child-led learning and to impact mainstream education.' The primary way in which we achieve this is by running the school and constantly testing and innovating new methods of outdoor learning (inspired to a large extent by the children's ideas). We aim to run teacher-training courses at Zelda School, which are very well received by teachers from mainstream schools who wish to learn how to bring their teaching 'outside'.

Future plans include increased exposure for senior staff members at conferences and workshops around the country, which is important to keep them connected with the wider educational landscape,and also for raising the profile of what we do at Zelda School.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, its Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

Potential new trustees are invited to attend the next trustees' meeting and given an information pack in order for them to understand the role. Should they wish to be considered further they are invited to explain how and why they would like to be involved, and the existing board votes on whether to accept their application. If successful, background checks are carried out before being approved by Ofsted.

Organisational structure

Chairperson Mrs Victoria Strugnell
Secretary Mrs Zelda Astley
Treasurer Dr Russ Monhemius
Management of school Mrs Zelda Astley & Miss Jackie Cockerill
Artistic director Mrs T Robertson
Fundraising director Mr Ashley Beevers

Wider network

This year we are again very grateful for all the support from Holifield Farm Project who have given us the use of the land on which we run Zelda School for a very low rent and have also allowed us to share their fabulous resources at Holifield Farm. This year has once again seen a focus on the core strengths of Zelda School, and a strengthening of the development plans for the future. We have additionally strengthened our links with local education providers by providing school based training sessions for staff, focussed on outdoor learning, and continued to share events where possible.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06156711 (England and Wales)

Registered Charity number

1140307

Page 3

Zelda School

Report of the Trustees for the Year Ended 31 August 2024

Registered office

Trewince Farm Manaccan Helston Cornwall TR12 6JD

Trustees

Miss Z C Astley Teacher Dr R Monhemius Trustee Mrs T E Robertson Artist and Housewife Mrs K J White Copywriter Miss E Rembalski Customer services assistant (resigned 29.11.23) Miss V E Strugnell Area SEN casework officer A D Beevers (appointed 25.11.24) Mrs H J Tamblyn (appointed 6.5.25)

Company Secretary

Miss Z C Astley

Independent Examiner

Natalie Coleman FCCA Roy Pinnock & Co LLP Chartered Certified Accountants Wren House 68 London Road St Albans Hertfordshire AL1 1NG

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 15 May 2025 and signed on its behalf by:

Dr R Monhemius - Trustee

Page 4

Independent Examiner's Report to the Trustees of Zelda School

Independent examiner's report to the trustees of Zelda School ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Natalie Coleman FCCA

Roy Pinnock & Co LLP Chartered Certified Accountants Wren House 68 London Road St Albans Hertfordshire AL1 1NG

15 May 2025

Page 5

Zelda School

Statement of Financial Activities

(Incorporating an Income and Expenditure Account) for the Year Ended 31 August 2024

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
8,518
Charitable activities
Primary school
184,987
Training courses
70
Other trading activities
3
2,736
Investment income
4
6
Total
196,317
EXPENDITURE ON
Raising funds
854
Charitable activities
5
Primary school
175,039
Other
8,697
Total
184,590
NET INCOME
11,727
RECONCILIATION OF FUNDS
Total funds brought forward
37,635
TOTAL FUNDS CARRIED FORWARD
49,362		 Restricted
funds
£
400
-
-
-
-
400
-
400
-
400
-
2,500
2,500		 31.8.24
Total
funds
£
8,918
184,987
70
2,736
6
196,717
854
175,439
8,697
184,990
11,727
40,135
51,862		 31.8.23
Total
funds
£
2,500
168,683
-
1,745
5
172,933
361
158,660
9,880
168,901
4,032
36,103
40,135

The notes form part of these financial statements

Page 6

Zelda School

Balance Sheet

31 August 2024

Unrestricted
Restricted
fund
funds
Notes
£
£
FIXED ASSETS
Tangible assets
11
8,930
-
CURRENT ASSETS
Debtors
12
11,138
-
Cash at bank and in hand
61,566
2,500
72,704
2,500
CREDITORS
Amounts falling due within one year
13
(27,595)
-
NET CURRENT ASSETS
45,109
2,500
TOTAL ASSETS LESS CURRENT
LIABILITIES
54,039
2,500
CREDITORS
Amounts falling due after more than one
year
14
(4,677)
-
NET ASSETS
49,362
2,500
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 31.8.24
Total
funds
£
8,930
11,138
64,066
75,204
(27,595)
47,609
56,539
(4,677)
51,862
49,362
2,500
51,862		 31.8.23
Total
funds
£
11,907
5,824
42,810
48,634
(11,729)
36,905
48,812
(8,677)
40,135
37,635
2,500
40,135

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 7

Zelda School

Balance Sheet - continued 31 August 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 15 May 2025 and were signed on its behalf by:

R Monhemius - Trustee

The notes form part of these financial statements

Page 8

Zelda School

Notes to the Financial Statements for the Year Ended 31 August 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The charity is a private company limited by guarantee.

Management accounts are compared to termly projections of income and expenditure and reserves are maintained equivalent to three months' planned expenditure, of which staff salaries are the largest commitment.

The school's income has increased again this year, due both to an increase in Early Learning Scheme fees and school fees. In the opinion of the trustees the charity is a going concern.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Governance costs

Governance costs include the costs of preparation and examination of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.

Allocation and apportionment of costs

Costs are allocated directly to the activity to which they relate. Where the costs incurred relate to more than one activity, they are apportioned on a basis consistent with the resource.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Yurt & Buildings - 25% on reducing balance
Equipment - 25% on reducing balance

Tangible assets are capitalised if they can be used for more than one year and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt.

continued...

Page 9

Zelda School

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

1. ACCOUNTING POLICIES - continued

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Debtors

Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2. DONATIONS AND LEGACIES

31.8.24 31.8.23
£ £
Donations 400 2,500
Grants 8,518 -
8,918 2,500
Grants received, included in the above, are as follows:
Best Practice Network 31.8.24
£
7,000		 31.8.23
£
-
Other grants 1,518 -
8,518 -

continued...

Page 10

Zelda School

Notes to the Financial Statements - continued

for the Year Ended 31 August 2024

3.
OTHER TRADING ACTIVITIES
31.8.24
£
Fundraising events
2,736
4.
INVESTMENT INCOME
31.8.24
£
Bank interest receivable
6
5.
CHARITABLE ACTIVITIES COSTS
Primary school
6.
SUPPORT COSTS
Governance
Management
costs
£
£
Other resources expended
3,884
1,836
7.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.8.24
£
Independent examiner's remuneration
984
Depreciation - owned assets
2,977
8.
TRUSTEES' REMUNERATION AND BENEFITS
31.8.24
£
Trustees' salaries
24,130
Trustees' pension contributions to money purchase schemes
429
24,559
The trustees' salaries shown above are as follows:
Zelda Astley
Headteacher
Russ Monhemius
Administrator
Pension contributions made on behalf of trustees are as follows:
Zelda Astley
Headteacher		 3.
OTHER TRADING ACTIVITIES
31.8.24
£
Fundraising events
2,736
4.
INVESTMENT INCOME
31.8.24
£
Bank interest receivable
6
5.
CHARITABLE ACTIVITIES COSTS
Primary school
6.
SUPPORT COSTS
Governance
Management
costs
£
£
Other resources expended
3,884
1,836
7.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.8.24
£
Independent examiner's remuneration
984
Depreciation - owned assets
2,977
8.
TRUSTEES' REMUNERATION AND BENEFITS
31.8.24
£
Trustees' salaries
24,130
Trustees' pension contributions to money purchase schemes
429
24,559
The trustees' salaries shown above are as follows:
Zelda Astley
Headteacher
Russ Monhemius
Administrator
Pension contributions made on behalf of trustees are as follows:
Zelda Astley
Headteacher		 31.8.23
£
1,745
31.8.23
£
5
Direct
Costs
£
175,439
Totals
£
5,720
31.8.23
£
948
3,969
31.8.23
£
18,098
266
18,364
Headteacher
Administrator
Headteacher		 £20,167
£3,963
£429

continued...

Page 11

Zelda School

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

8. TRUSTEES' REMUNERATION AND BENEFITS - continued

These payments are made under the authority of the Memorandum of Association.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.

9. STAFF COSTS

Wages and salaries
Other pension costs		 31.8.24
£
140,464
1,695
142,159		 31.8.23
£
125,955
1,357
127,312

The average monthly number of employees during the year was as follows:

31.8.24
Teachers
4
Teaching assistants
2
Cook
1
Administrator
1
8
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
-
2,500
Charitable activities
Primary school
168,683
-
Other trading activities
1,745
-
Investment income
5
-
Total
170,433
2,500
EXPENDITURE ON
Raising funds
361
-		 31.8.23
4
3
-
1
8
Total
funds
£
2,500
168,683
1,745
5
172,933
361

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

continued...

Page 12

Zelda School

Notes to the Financial Statements - continued

for the Year Ended 31 August 2024

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
Restricted
fund
funds
£
£
Charitable activities
Primary school
158,660
-
Other
9,880
-
Total
168,901
-
NET INCOME
1,532
2,500
RECONCILIATION OF FUNDS
Total funds brought forward
36,103
-
TOTAL FUNDS CARRIED
FORWARD
37,635
2,500
11.
TANGIBLE FIXED ASSETS
Yurt &
Furniture
Buildings
& fixtures
Equipment
£
£
£
COST
At 1 September 2023 and
31 August 2024
46,948
4,439
11,816
DEPRECIATION
At 1 September 2023
38,553
2,621
10,122
Charge for year
2,099
455
423
At 31 August 2024
40,652
3,076
10,545
NET BOOK VALUE
At 31 August 2024
6,296
1,363
1,271
At 31 August 2023
8,395
1,818
1,694		 Total
funds
£
158,660
9,880
168,901
4,032
36,103
40,135
Totals
£
63,203
51,296
2,977
54,273
8,930
11,907

continued...

Page 13

Zelda School

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Other debtors 3,183 3,946
Prepayments and accrued income 7,955 1,878
11,138 5,824
Other debtors is made up as follows:
13. School fees
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 15)
Deferred income
Accrued expenses		 31.8.24
£
3,183
31.8.24
£
4,000
22,263
1,332		 31.8.23
£
3,946
31.8.23
£
4,000
2,501
5,228
27,595 11,729
Deferred income represents school fees and Early Learning Scheme fees
that to which they relate.
Balance brought forward		 received in the year before
2024
2023
2,501
647
Released during the year -2,501 -647
Received during the year 22,263 2,501
Balance carried forward 22,263 2,501

continued...

Page 14

Zelda School

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

14.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24
£
Bank loans (see note 15)
4,677
15.
LOANS
An analysis of the maturity of loans is given below:
31.8.24
£
Amounts falling due within one year on demand:
Bank loans
4,000
Amounts falling between one and two years:
Bank loans - 1-2 years
4,000
Amounts falling due between two and five years:
Bank loans - 2-5 years
677
During the year, the charity paid interest on its bank loan of £272 (2023 £381).
16.
MOVEMENT IN FUNDS
Net
movement
At 1.9.23
in funds
£
£
Unrestricted funds
General fund
37,635
11,727
Restricted funds
Access Road
2,500
-
TOTAL FUNDS
40,135
11,727		 31.8.23
£
8,677
31.8.23
£
4,000
4,000
4,677
At
31.8.24
£
49,362
2,500
51,862

continued...

Page 15

Zelda School

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
196,317
Restricted funds
Cookery equipment
400
TOTAL FUNDS
196,717
Comparatives for movement in funds
At 1.9.22
£
Unrestricted funds
General fund
36,103
Restricted funds
Access Road
-
TOTAL FUNDS
36,103
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
170,433
Restricted funds
Access Road
2,500
TOTAL FUNDS
172,933		 Resources
Movement
expended
in funds
£
£
(184,590)
11,727
(400)
-
(184,990)
11,727
Net
movement
At
in funds
31.8.23
£
£
1,532
37,635
2,500
2,500
4,032
40,135
Resources
Movement
expended
in funds
£
£
(168,901)
1,532
-
2,500
(168,901)
4,032

continued...

Page 16

Zelda School

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement
At 1.9.22
in funds
£
£
Unrestricted funds
General fund
36,103
13,259
Restricted funds
Access Road
-
2,500
TOTAL FUNDS
36,103
15,759		 At
31.8.24
£
49,362
2,500
51,862

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Access Road
Cookery equipment
TOTAL FUNDS		 Incoming
resources
£
366,750
2,500
400
2,900
369,650		 Resources
Movement
expended
in funds
£
£
(353,491)
13,259
-
2,500
(400)
-
(400)
2,500
(353,891)
15,759

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2024.

continued...

Page 17

Zelda School

Notes to the Financial Statements - continued

for the Year Ended 31 August 2024

18. RESTRICTED FUND

Access Road

£2,500 was raised last year as Zelda School's contribution for a new access road to the Holifield Farm Project site, and is currently being held for this purpose.

Cookery Equipment

£400 was received from the Cornish Pasty Association to spend on cookery equipment.

Page 18

Zelda School

Detailed Statement of Financial Activities for the Year Ended 31 August 2024

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Other trading activities
Fundraising events
Investment income
Bank interest receivable
Charitable activities
School fees
Early Learning Scheme fees
Training courses
Total incoming resources
EXPENDITURE
Other trading activities
Costs of fundraising
Charitable activities
Trustees' salaries
Trustees' pension contributions
Wages
Pensions
Educational supplies
Food supplies
Supply teaching
Staff training
School outings
DBS and ID checks
Motor & travel
Registration fees
Repairs & renewals
Carried forward		 31.8.24
£
400
8,518
8,918
2,736
6
87,394
97,593
70
185,057
196,717
854
24,130
429
116,334
1,266
6,773
11,834
33
367
88
334
130
35
8,112
169,865		 31.8.23
£
2,500
-
2,500
1,745
5
82,091
86,592
-
168,683
172,933
361
18,098
266
107,857
1,091
4,118
12,802
418
734
48
420
92
35
6,486
152,465

This page does not form part of the statutory financial statements

Page 19

Zelda School

Detailed Statement of Financial Activities
for the Year Ended 31 August 2024
Charitable activities
Brought forward
Light & heat
Rent
Kitchen hire
Staff wellbeing
Staff recruitment
One to one interventions
Other
Depn of yurt & buildings
Depn of fixtures & fittings
Depn of equipment
Support costs
Management
Insurance
Telephone
Printing postage & stationery
Sundries
Cleaning
Internet & website
Pest control
Governance costs
Independent examiner's remuneration
Payroll
PLEO membership
Bank interest
Total resources expended
Net income		 31.8.24
£
169,865
2,952
2,000
-
610
12
-
175,439
2,099
454
424
2,977
790
72
702
48
1,384
408
480
3,884
984
580
-
272
1,836
184,990
11,727		 31.8.23
£
152,465
2,093
1,867
150
195
62
734
157,566
2,798
606
565
3,969
754
73
818
338
1,483
939
504
4,909
948
722
45
381
2,096
168,901
4,032

This page does not form part of the statutory financial statements

Page 20