**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:
- Recognising each child's needs, talents and interests;
- Supporting the individual's style of learning by allowing them to create their own projects within the curriculum; and
- 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.
Page 2
**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:
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
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
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (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...
Page 7
**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...
Page 10
**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...
Page 14
**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...
Page 15
**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...
Page 16
**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...
Page 17
**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..
Page 18
**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
Page 19
**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|
|---|---|---|
This page does not form part of the statutory financial statements
Page 20
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