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 2025
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 2025
| 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 2025
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 2025. 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:
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Recognising each child's needs, talents and interests;
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Supporting the individual's style of learning by allowing them to create their own projects within the curriculum; and
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Giving children the motivation and reasons to research and study, allowing them to extend themselves.
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. Our Ofsted rating continues to be "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 2025
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 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 continuing to develop our site with new opportunities for imaginative and creative play.. We have supported staff to gain further qualifications and improve their practice, which is supporting our mission and enhancing the quality of our service, including supporting an apprentice.
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 deficit of £1,641 this year, mainly due to the one off costs of replacing the yurt roof and paying the £2,500 contribution to the access road.
The principal sources of income were school fees of £86,622 (2024 £87,394) and Early Learning Scheme fees of £117,017 (2024 £97,593). In addition £1,200 was raised from the provision of a holiday club.
Total incoming resources were £11,858 higher than last year while total costs were £25,226 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 four months' planned expenditure.
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Zelda School
Report of the Trustees for the Year Ended 31 August 2025
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'.
Plans are in place for the development of a 3rd classroom area at our Holifield Farm site, which we hope to start building in 2026. This will increase the number of families who are able to attend Zelda School and marks a significant increase in our facilities which we are very please to be able to undertake.
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 directors Mr Ashley Beevers & Hailey Tamblyn
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.
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 2025
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 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 29 April 2026 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 2025.
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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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
29 April 2026
Page 5
Zelda School
Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 August 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 - Charitable activities Primary school 204,909 Training courses - Other trading activities 3 3,617 Investment income 4 49 Total 208,575 EXPENDITURE ON Raising funds 493 Charitable activities 5 Primary school 198,058 Other 9,165 Total 207,716 NET INCOME/(EXPENDITURE) 859 RECONCILIATION OF FUNDS Total funds brought forward 49,362 TOTAL FUNDS CARRIED FORWARD 50,221 |
Restricted funds £ - - - - - - - - 2,500 2,500 (2,500) 2,500 - |
31.8.25 Total funds £ - 204,909 - 3,617 49 208,575 493 198,058 11,665 210,216 (1,641) 51,862 50,221 |
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 |
|---|---|---|---|
The notes form part of these financial statements
Page 6
Zelda School
Balance Sheet
31 August 2025
| Unrestricted Restricted fund funds Notes £ £ FIXED ASSETS Tangible assets 11 6,698 - CURRENT ASSETS Debtors 12 7,368 - Cash at bank and in hand 46,013 - 53,381 - CREDITORS Amounts falling due within one year 13 (9,181) - NET CURRENT ASSETS 44,200 - TOTAL ASSETS LESS CURRENT LIABILITIES 50,898 - CREDITORS Amounts falling due after more than one year 14 (677) - NET ASSETS 50,221 - FUNDS 16 Unrestricted funds Restricted funds TOTAL FUNDS |
31.8.25 Total funds £ 6,698 7,368 46,013 53,381 (9,181) 44,200 50,898 (677) 50,221 50,221 - 50,221 |
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 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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Zelda School
Balance Sheet - continued 31 August 2025
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 29 April 2026 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 2025
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 Holiday Club income. Although the accounts are showing a small net deficit, this is due to one off costs. 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.
Where school fees or Early Learning Scheme fees are received in advance of the term to which they relate, they are included in deferred income.
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 |
continued...
Page 9
Zelda School
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
1. ACCOUNTING POLICIES - continued
Tangible fixed assets
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.
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
| DONATIONS AND LEGACIES | ||
|---|---|---|
| 31.8.25 | 31.8.24 | |
| £ | £ | |
| Donations | - | 400 |
| Grants | - | 8,518 |
| - | 8,918 | |
continued...
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Zelda School
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
2. DONATIONS AND LEGACIES - continued
Grants received, included in the above, are as follows:
| 31.8.25 £ Best Practice Network - Other grants - - 3. OTHER TRADING ACTIVITIES 31.8.25 £ Fundraising events 3,557 Yurt hire 60 3,617 4. INVESTMENT INCOME 31.8.25 £ Bank interest receivable 49 5. CHARITABLE ACTIVITIES COSTS Primary school 6. SUPPORT COSTS Governance Management costs £ £ Other resources expended 7,529 1,903 |
31.8.24 £ 7,000 1,518 8,518 31.8.24 £ 2,736 - 2,736 31.8.24 £ 6 Direct Costs £ 198,058 Totals £ 9,432 |
|---|---|
continued...
Page 11
Zelda School
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.8.25 31.8.24 £ £ Independent examiner's remuneration 1,020 984 Depreciation - owned assets 2,232 2,977 8. TRUSTEES' REMUNERATION AND BENEFITS 31.8.25 31.8.24 £ £ Trustees' salaries 29,574 24,130 Trustees' pension contributions to money purchase schemes 576 429 30,150 24,559 The trustees' salaries shown above are as follows: Zelda Astley Headteacher £25,437 Russ Monhemius Administrator £4,137 Pension contributions made on behalf of trustees are as follows: Zelda Astley Headteacher £576 These payments are made under the authority of the Memorandum of Association. |
31.8.25 £ 1,020 2,232 31.8.25 £ 29,574 576 30,150 |
31.8.24 £ 984 2,977 31.8.24 £ 24,130 429 24,559 |
|---|---|---|
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.
9. STAFF COSTS
| Wages and salaries Social security costs Other pension costs |
31.8.25 £ 146,049 1,584 2,059 149,692 |
31.8.24 £ 140,464 - 1,695 142,159 |
|---|---|---|
continued...
Page 12
Zelda School
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
9. STAFF COSTS - continued
The average monthly number of employees during the year was as follows:
10.
| 31.8.25 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 8,518 400 Charitable activities Primary school 184,987 - Training courses 70 - Other trading activities 2,736 - Investment income 6 - Total 196,317 400 EXPENDITURE ON Raising funds 854 - Charitable activities Primary school 175,039 400 Other 8,697 - Total 184,590 400 NET INCOME 11,727 - RECONCILIATION OF FUNDS Total funds brought forward 37,635 2,500 |
31.8.24 4 2 1 1 8 Total funds £ 8,918 184,987 70 2,736 6 196,717 854 175,439 8,697 184,990 11,727 40,135 |
|---|---|
continued...
Page 13
Zelda School
Notes to the Financial Statements - continued
for the Year Ended 31 August 2025
| 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted Total fund funds funds £ £ £ TOTAL FUNDS CARRIED FORWARD 49,362 2,500 51,862 11. TANGIBLE FIXED ASSETS Yurt & Furniture Buildings & fixtures Equipment Totals £ £ £ £ COST At 1 September 2024 and 31 August 2025 46,948 4,439 11,816 63,203 DEPRECIATION At 1 September 2024 40,652 3,076 10,545 54,273 Charge for year 1,574 340 318 2,232 At 31 August 2025 42,226 3,416 10,863 56,505 NET BOOK VALUE At 31 August 2025 4,722 1,023 953 6,698 At 31 August 2024 6,296 1,363 1,271 8,930 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.25 31.8.24 £ £ Other debtors 3,267 3,183 Prepayments and accrued income 4,101 7,955 7,368 11,138 Other debtors is made up as follows: 31.8.25 31.8.24 £ £ School fees 4,767 3,183 |
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted Total fund funds funds £ £ £ TOTAL FUNDS CARRIED FORWARD 49,362 2,500 51,862 11. TANGIBLE FIXED ASSETS Yurt & Furniture Buildings & fixtures Equipment Totals £ £ £ £ COST At 1 September 2024 and 31 August 2025 46,948 4,439 11,816 63,203 DEPRECIATION At 1 September 2024 40,652 3,076 10,545 54,273 Charge for year 1,574 340 318 2,232 At 31 August 2025 42,226 3,416 10,863 56,505 NET BOOK VALUE At 31 August 2025 4,722 1,023 953 6,698 At 31 August 2024 6,296 1,363 1,271 8,930 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.25 31.8.24 £ £ Other debtors 3,267 3,183 Prepayments and accrued income 4,101 7,955 7,368 11,138 Other debtors is made up as follows: 31.8.25 31.8.24 £ £ School fees 4,767 3,183 |
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted Total fund funds funds £ £ £ TOTAL FUNDS CARRIED FORWARD 49,362 2,500 51,862 11. TANGIBLE FIXED ASSETS Yurt & Furniture Buildings & fixtures Equipment Totals £ £ £ £ COST At 1 September 2024 and 31 August 2025 46,948 4,439 11,816 63,203 DEPRECIATION At 1 September 2024 40,652 3,076 10,545 54,273 Charge for year 1,574 340 318 2,232 At 31 August 2025 42,226 3,416 10,863 56,505 NET BOOK VALUE At 31 August 2025 4,722 1,023 953 6,698 At 31 August 2024 6,296 1,363 1,271 8,930 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.25 31.8.24 £ £ Other debtors 3,267 3,183 Prepayments and accrued income 4,101 7,955 7,368 11,138 Other debtors is made up as follows: 31.8.25 31.8.24 £ £ School fees 4,767 3,183 |
|---|---|---|
| 31.8.25 £ 4,767 |
31.8.24 £ 3,183 |
continued...
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Zelda School
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | |
|---|---|---|---|
| 31.8.25 | 31.8.24 | ||
| £ | £ | ||
| Bank loans and overdrafts (see note 15) | 4,000 | 4,000 | |
| Deferred income | 4,027 | 22,263 | |
| Accrued expenses | 1,154 | 1,332 | |
| 9,181 | 27,595 | ||
| Deferred income represents school fees and Early Learning Scheme fees received in the year befo | |||
| that to which they relate. | |||
| Balance brought forward | 2025 22,263 |
2024 2,501 |
|
| Released during the year | -22,263 | -2,501 | |
| Received during the year | 4,027 | 22,263 | |
| Balance carried forward | 4,027 | 22,263 | |
| 14. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||
| Bank loans (see note 15) | 31.8.25 £ 677 |
31.8.24 £ 4,677 |
|
| 15. | LOANS | ||
| An analysis of the maturity of loans is given below: | |||
| Amounts falling due within one year on demand: | 31.8.25 £ |
31.8.24 £ |
|
| Bank loans | 4,000 | 4,000 | |
| Amounts falling between one and two years: | |||
| Bank loans - 1-2 years | 677 | 4,000 | |
| Amounts falling due between two and five years: | |||
| Bank loans - 2-5 years | - | 677 |
Deferred income represents school fees and Early Learning Scheme fees received in the year before that to which they relate.
During the year, the charity paid interest on its bank loan of £171 (2024 £272).
continued...
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Zelda School
Notes to the Financial Statements - continued
for the Year Ended 31 August 2025
16. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Access Road TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Access Road TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Access Road TOTAL FUNDS |
At 1.9.24 £ 49,362 2,500 51,862 Incoming resources £ 208,575 - 208,575 At 1.9.23 £ 37,635 2,500 40,135 |
Net movement At in funds 31.8.25 £ £ 859 50,221 (2,500) - (1,641) 50,221 Resources Movement expended in funds £ £ (207,716) 859 (2,500) (2,500) (210,216) (1,641) Net movement At in funds 31.8.24 £ £ 11,727 49,362 - 2,500 11,727 51,862 |
|---|---|---|
continued...
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Zelda School
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
16. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 196,317 | (184,590) | 11,727 |
| Restricted funds | |||
| Cookery equipment | 400 | (400) | - |
| TOTAL FUNDS | 196,717 | (184,990) | 11,727 |
| A current year 12 months and prior year 12 months combined position is as follows: | |||
| Unrestricted funds | At 1.9.23 £ |
Net movement in funds £ |
At 31.8.25 £ |
| General fund | 37,635 | 12,586 | 50,221 |
| Restricted funds | |||
| Access Road | 2,500 | (2,500) | - |
| TOTAL FUNDS | 40,135 | 10,086 | 50,221 |
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 £ 404,892 - 400 400 405,292 |
Resources Movement expended in funds £ £ (392,306) 12,586 (2,500) (2,500) (400) - (2,900) (2,500) (395,206) 10,086 |
|---|---|---|
continued...
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Zelda School
Notes to the Financial Statements - continued for the Year Ended 31 August 2025
17. RELATED PARTY DISCLOSURES
The following related party transactions took place during the year:
S L King was paid £661 to replace the corrugated roof on the outside classroom. S L King is the husband of trustee Z Astley.
C Robertson was employed as an apprentice and received a salary of £1823. C Robertson is the daughter of trustee T Robertson.
18. RESTRICTED FUND
Access Road
A donation of £2,500 was being held as Zelda School's contribution for a new access road to the Holifield Farm Project site, and was paid to Holifield Farm during the year..
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Zelda School
Detailed Statement of Financial Activities for the Year Ended 31 August 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Other trading activities Fundraising events Yurt hire Investment income Bank interest receivable Charitable activities School fees Early Learning Scheme fees Training courses Consultations Holiday club Total incoming resources EXPENDITURE Other trading activities Costs of fundraising Charitable activities Trustees' salaries Trustees' pension contributions Wages Social security Pensions Educational supplies Food supplies Supply teaching Carried forward |
31.8.25 £ - - - 3,557 60 3,617 49 86,622 117,017 - 70 1,200 204,909 208,575 493 29,574 576 116,475 1,584 1,483 6,109 9,379 - 165,180 |
31.8.24 £ 400 8,518 8,918 2,736 - 2,736 6 87,394 97,593 70 - - 185,057 196,717 854 24,130 429 116,334 - 1,266 6,773 11,834 33 160,799 |
|---|---|---|
This page does not form part of the statutory financial statements
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Zelda School
| Detailed Statement of Financial Activities for the Year Ended 31 August 2025 Charitable activities Brought forward Staff training School outings DBS and ID checks School catering Motor & travel Registration fees Repairs & renewals Light & heat Rent Staff wellbeing Staff recruitment 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 Access road contribution Governance costs Independent examiner's remuneration Payroll Bank charges Bank loan interest Total resources expended Net (expenditure)/income |
31.8.25 £ 165,180 604 263 124 10,797 35 85 16,323 1,824 2,333 490 - 198,058 1,574 341 318 2,233 946 76 650 361 2,007 491 498 2,500 7,529 1,020 664 48 171 1,903 210,216 (1,641) |
31.8.24 £ 160,799 367 88 334 - 130 35 8,112 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 |
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This page does not form part of the statutory financial statements
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nable Issuer Roy Pinnock & Co LLP Document generated Wed, 29th Apr 2026 10'.29'.19 BST Document fingerprint dd504cbeSe1 b062047491868e6ce93 Partles Involved wlth thls document Document processed Party + Flngerprlnt Wed, 6th May 2026 10'.41.'37 BST Dr Russell Monhemius - Signer134459f9d7d74b6b933e4fb8b5f45afdfj Wed, 6th May 2026 10.41.38 BST Miss Zelda Calliope Aslley Copied In 1755b8e1936e9d1263ee05d84bcfd6f861 Wed, 6th May 2026 10.41.38 BST Penny LeGrand - Copied In19153999bae3c96f94dbdedefcd18c79cl Audit history log Date Action Wed, 29th Apr 2026 10.29.19 BST Envelope generated with fingerprint 01945388871 b58293269e76848ad2709118.133.63.1661 Wed, 29th Apr 2026 10'.29.'19 BST Document generated with fingerprint dd504cbe6c1 b0620f947491868e6ce93. 118.133.63.166) Wed, 29th Apr 2026 10'.29.'19 BST Document generated with fingerprint 1a0472ef1 b157f4b1 a58df90864155b6.118. 133.63. 1661 Wed, 29th Apr 2026 10'.29.'19 BST Document generated with fingerprint 88bc41 b58d43013dega01e7631f1951d. 118.133.63.1 $6} Wed, 29th Apr 2026 10'.29.'19 BST Dr Russell Monhemius has been assigned to this envelope. 118.133.63.166) Wed, 29th Apr 2026 10:29:19 BST Miss Zelda Calliope Aslley has been assigned to this envelope. 118.133.63.166) Wed, 29th Apr 2026 10:29:19 8ST Penny LeGrand has been assigned to this envelope.118.133.63. 1661 Wed, 29th Apr 2026 10'.29.'29 BST Envelope generated Sent the envelope to Dr Russell Monhemius for signing Wed, 29th Apr 2026 10..29..29 BST Wed, 29th Apr 2026 10'.29.'29 BST Document emailed lo party email Wed, 6th May 2026 10.39.07 BST Dr Russell Monhemius viewed the envelope1139.28.208.221 Wed, 6th May 2026 10'.41.'38 BST Dr Russell Monhemius signed the envelope1139.28.208.221 Wed, 6th May 2026 10.41.38 BST Wed, 6th May 2026 10'.41.'38 BST Sent the envelope to Miss Zelda Calliope Aslley for signing1139.28.208.221 Sent the envelope to Penny LeGrand for signing1139.28.208.221
Wed, 6th May 2026 10'.41.'38 BST This envelope has been signed by all parties1139.28.208.221 Wed, 6th May 2026 10.41.38 BST Signed document eonfirmation emailed to paty email1139.28.208.221 Wed, 6th May 2026 10'.41.'38 BST Wed, 6th May 2026 10.41.38 BST Wed, 6th May 2026 10:41:38 BST Signed document confirmation emailed to paty email1139.28.208.221 Signed document Confirmation emailed to paty email1139.28.208.221 Signed document confirmation emails have been sent to all parties. Document URL". htlps'.llapi.signable.applshareablelenvelope?l=c345ed-S5ob49d3-80fb-8 13dea3ce9461139.28.208.221 Wed, 6th May 2026 10:41:38 BST Document emailed lo party email Wed, 6th May 2026 10'.41.'38 BST Document emailed lo paty email