R•glst•r•d numb•r'. 07481956 harlty numbèr: 1141511 GORDANO SCHOOL COMMUNrrY TRUST IA COMPANY LIMITED BY GUARANTEE) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
GORDANO SCHOOL COMMUNITY TRUST (A COMPANY LIMrrED BY GUARANTEE) copirENTS Referen and •dmlnlstratlve detalls of th• eharlty. Its tru8t•es and advlser• Trust••s' r•port Indewndent examln•r's report Statement of financial activitiOS Balance sheet Notes to the flnanclal statements 8-13
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARrrY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2024 TrustO0$ Mr Shane Blackshaw Iresigned 20 September 20241 Mr Gary Lewi8 Mrs Jayne L8aker Ir8signed 25 February 2025) Ms Louise Blundell Mr Mike Jones lappoinled 21st February 20241 Mr Marf( Kelty Iresigned 151h May 20241 Mr Julian Brookes (resigned 151h May 20241 Company reglstered number 07481956 Charity regl$tered number 1141571 Ro01st*rnd offic• Gordano School st Marys Road Portishead North Somerset BS20 7QR Chlef executlve offlcgr Mrs Elli& AStrong Accountants Bishop Flerning LLP 10 Temple Back Bristol BS16FL 8ankors Lloyd8 Bank PLC Commercl8l 88nklng P.0. Box 1000 BX1 ILT
GORDANO SCHOOL COMMUNITYTRUST (A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The Annual Report serves the purposes of both 8 Trustees. report and 8 directors, re( under company law. The Trustees confirm that the Annual Report and financial statements ol the charitable company comply with the current ststutory requirements. the requirements of the charitable company's governing document and the provlslons of the Statement of Recommended Practice ISORP) applicable lo chariiles preparing their accounts n accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 loffective 1 January 20191. Sirsce the company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of rnedium and large conipanies under the Companies Act 2006 IStrate9ic Report and Directors, Report) Regulations 2013 has been omitted. STRUCTURE, GOVERNANCE AND MANAGEMENT . CONSTrruTION The company is registered as a charitable company limited by guarantee and was Set up by 8 Memoran¢Jum and Articles of As$ociation 4 January 2011. The ¢h8ritable company registsred as a charity on 21 April 2011. b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES The management ofthe charty is the responsibilty oflhe Trustees who are elected and ctropt8d under the temis of the Articles of Associatson. c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES The Board of Trustees constsntly reviews the number of Trustees and recruits when required. Any new Trustees will have their rosponsibilitios explaing(I by the existing Trustees and othgr professional advisors as apFwpriale. d. ORGANISATIONAL STRUCTURE AND DECISION MAKING D8cisions are m8d8 collectivaty by th8 Board. e. RISK MANAGEMEP The Trustees have assessed the major fisks to whith the charity 15 exposed, in particular those related to the opèrations and financès of thè charity and aro satisfièd that syst8rns and prtt@dur are in place to mitigate the charity's exposure lo the mwor risks.
GORDANO SCHOOL COMMUNITYTRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT Icontlnu•dl FOR THE YEAR ENDED 31 AUGUST 2024 OBJECTIVES AND ACTivrrEs . POLICIES AND OWECTIVES The principal object of the charty is running a charltable leisure centre. Public Benafil We have referred to the Charity Commission's general guidance on public benefit when reviewing our aims and objectives. All our charitable acliviti8s are undertaken lo fvrther our tharitBbl8 ptJrpos8s for the public. Chari Ob'eclwes To adv8n¢e the educallon of the students at Gordano School and the wder community by Providing or assisting in the provision of 8POrtS and f8cillties'. and To promote the community of Portish88d and the wider surrounding area Ihe tyovlsion of facilities for recreation. sport, cuUre. or other leisu time 0upatIon of the ¢ommunity in the interests of healthy lrfestyles. social weware and with the objed of increasing accessibility and of advancing education, sport and imwoving thè condiknon ol life of the Community; and To promote any other charitable purwse ACHIEVEMENTS AND PERFORMANCE . GOING CONCERN It is th8 intention of the truslees to ceas? Ihe operations of tho charity wthin 12 months ofsigning those accounls and transfer the trade, assets and liabilities of the charity to the Lighthouse Schools Partnership, an exempl charity wth compatible Charitsble objectives_The trustees there10 nClUde that the accounts are prepared on a basis other than as a gging concem. no adjustments lo inMe. expenditure, assots or liabilllies h8ve been required to prepare Ihg ac¢ounls on this basis. b. REVIEW OF ACTIVITIES Durlng tho year the Trust has.. Continued to Increase memlxrshlp numbers and also looked to take advantsge of Ihg popvl8rity of new sports like PiCkball, creating a space wthin its facility hire to allow the sport to prosper al Gordano. The Twst has conllnued to maximi5e Income from grass facllllies by cartsfully managing pitch wear and tear whilst 50% of the 11 a side pit¢hgs have been out of use. 0$ they loc& to improv8 their playability by inslalfing fijrther drainage. FINANCIAL REVIEW The accounts on pages 6 10 13 set out the details of the Statement of Financial Activities lor the year ended 31 August 2024 and the Balance Sheet as al that dale. For the year ended 31 August 2024. total incoming resources were £303,093 12023= £272.8911 and total resources expended of £281,87112023= 229,2901. The resulting surplus for 2024 was £21,22212023.' £43,601).
GORDANO SCHOOL COMMUNITYTRUST IA COMPANY LIMrrED BY GUARANTEE) TRUSTEES. REPORT (contInU) FOR THE YEAR ENDED 31 AUGUST 2024 . RESERVES PQUCY At the y88r end th8 ch8rity hèld reservas of £169,340 which is above the target level of reserv8$13-5% of the nel amount of annual expendllurel. Trustees have agreed to hold this level of reserves lo fund significant improv8m8nts and inv8stmant in th8 facilities. including a full refurbishment of the old sports h811 costlng circa £95k. A Strategic development improvement plan is in place to spend above the reserve policy target. Trustees will ke8p the overall lev81 ol reseNes under review in ccnjunction wth the landlord (Gordano School. which is part ol the Lighthouse Schools Partnership). b. PRINCIPAL FUHDING The principal funding sourca is from tharilabl8 actiwtie5. PLANS FOR THE FiJfuRE After the proposed transfer of the trade, asseis and liabilities of th¢ ¢harily, Lighthouse S¢hwl Partn¢rship will then look to outsource the provision lo an external prowder to run the gym facility and lettings in exchange for share of the surplus generated. In preparing thls report, thè Trustees have taken advantage of the small-companies exeTllPtion provided by section 415A of the C¢Jmpanies Act 2006. This r8PQrt was approved by thè Tru$lees 1*171 and slgned th8Sr behatf by.. Ms L Blund•ll Trust••
GORDANO SCHOOL COMMUNITYTRUST (A COMPANY LIMrrED BY GUARANTEEI INDEPENDENT EXAMINER'S REPORT FOR THEYEAR ENDED 31 AUGUST 2024 I report to the charrty trustees on my exarnination of the accounts of the charity for the year ended 31 August 2024, which are Sel out ors pages 6 10 13. RESPoNSIBILlEs AND BASIS OF REPORT As the Trustees of the Charity land its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requIrents if the Companies Act 2006 {'the 2006 Act'l. Having satisfied Myse that the accounts of the Charity are not required to be audited under Part 16 ofthe 2006 Act and are eligible for independent exarninalion, I report in respect of my ex8min8tion of your Charity's accounts as carri8d ¢)ut under s8¢fjon 145 of the Charities Act 20111.lhe 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commlsslon under section 14515)Ibl of thg 2011 ACL INDEPENDENT EXAMINER'S STATEMENT I have completed fTTy examination. I confirm that no matters have come to my attention in cMn8ctlon with the examination giving m8 cause to belleve.. accounts'ng records were nol kept in resp8ct of the charity as requirgj by section 386 ofthe 2006 Act.. or 2. the accounts do not accord with those records., or 3. the accounts do not comply with the accounting requirements of se¢lion 396 of thè 2006 Act other than any requirement that the accounts give a 'trtJe and fair view, which is not a matter considered as part of an Independent examination.. or 4. the accounts have r1 been prepared in accordance with the method5 and Fffinciple5 of the Stslement of Recommended Practice for accounling and reporting by charities applicable to charities preparing their accounts in accordance wlth the Financial Reporung Standard appllcable In ih8 UK and Republic of Ireland IFRS 1 021. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in Ihls report In order to enable a proper understanding of the accounts ltr be reached. Thi5 report is made solely to the Chaiity's Trustees, 8$ 8 b(xJy, in accordanc8 with Part 4 of thè Chariti¥s (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might stale to the Charity's Tnjstees those matters l am required to slate lo them in an Independent Examiner's Reporl and for no other purpose. To the fullest extent pemiitted by law, I do nol accept or assume responsibility to anyone other than the Charity and the Chaiily's Trustees as a body. for my work or for this reporL <A*- Chrls Trantham FCA Bishop Fleming LLP Chartered Accountants 10 Temple Back Bristol BS16FL Dale.. 15 July 2025
GORDANO SCHOOL COMMUNITYTRUST IA COMPANY LIMITED BY GUARANTEEI STATEMENT OF FINANCIAL ACTIVITIES (incorporating incom? and gxpenditure account) FOR THE YEAR ENDED 31 AUGUST 2024 Unrestricted funds 2024 Unrestricted funds 2023 INCOME FROM Incomlng resources frcffl charitable activities 301485 272,183 Other income 708 TOTAL INCOME EXPENorruRE OM Ch8ritsble activities- leisure centre 4,5,6 281.871 229,290 TOTAL EXpENDuRE NET MOVEMENT IN FUNOS FOR THE YEAR 21,222 43.601 Total funds at 1 Septemlxr 148.118 104.517 Total Funds at 31 August 169,340 148,118 All thg above results are derived from continuing aclNilies. Al gains and losses rec(vJnised in thg yoar ar induded in the above. The notes on pages 8 10 13 lorm part of these financial statemerts
GORDANO SCHOOL COMMUNITYTRUST IA COMPANY LIMITED BY GUARANTEE REGISTERED NUMBER.. 07481956 BALANCE SHEET AS AT 31 AUGUST 2024 2024 2023 CURRENT ASSETS Debtrxs 5,872 10,660 Cash at bank and in hand 264412 323,381 275.072 cREDORS. amounts falling due within one year 10 151041 NET CURRENT ASSETS 148 118 NET ASSErs CHARITY FUNDS Unrestn'ctad funds 148118 The Chaty,$ finane4al 8ts1èments have bean prepared in accordance wlth the prowslons applic8bl8 lo eompanles, subl8ct lo the Sm811 Companles regbme. The Trustees consider that the charity is enlilled to exemptron from the requirement to have an audit under the provisions of secli¢Jn 477 of the Companies Aet 20061"Ih8 Aet") and members have not requirèd the charity to obtain an audit for the yoar In quesllon in accordance wllh $8¢llon 476 of the Act. The Trustses acknowledge their responsibilities for complying with the requirements of the C(hnpaniès Act 2006 with respect to accountsng records for preparing finanoal statements. The financial statements were approved by the Tru5tee5 on and signed on thelr behalf, by.. Ms L Blund•ll Trustee Thè not8s on p3g8s 8 10 13 form part of the financi81 statemènts.
GORDANO SCHOOL COMMUNITYTRUST (A COMPANY LIMThED BY GUARANTEE) NOTES TO THE FINANCIAL STATEPAENTS FOR THE YEAR ENDED 31 AUGUST 2024 CHARITY INFORMATION Gordano School Community Trust Is a company limited by guarantee and a charity registered at the Charity Commlssksn In England and Wales. The principal office Is Gordano School, St Marys Road, Portishead, North Somerset, BS20 7QR. ACCOUNTING POLICIES 2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS The financial statgments have been prepafftd in accordance with the Statement of ReCoMmered Practice applicable to charilies praparing thèir accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20151 and the Financial Reporting Standard applicable in the United Kingdotn and Republic of Ir•land IFRS 1021 and th8 Charities Act 2011 and UK Generally Accepted ACcoun'ng Practice as it 8ppliés from 1 January 2019. The Charity constitutes a public benefrt entity as d8fined by FRS 102. Assets and Ilabllities are initially recognised at historical cost or transaction value unless otheise stated in the relevant accounting policy. The Charity's functional and presentstnal currency is the pound slwling. 22 GOING CONCERN 11 is the intention of the trustees to cease the operation of the charity within 12 months of signing these accounts and transfer the trade, asse15 and liabilities of the charity lo the Lighthouse Schools Partrership. Lighthouse School Partnership will then look to oulsoum the provision to an extemal provider. The trustees therefore conclude that the acix)unts are ppared on a basis other than as a going concem, no adjustments lo income, expenditure, assets or liabilities have been required lo prepare the accounts on this basis. 2.3 CHARIry STATUS The charitable company is limited by guarantee. The members of the charitable company are the Trustees named on page 1. In the event of the charitable company being wound up, the liability Sn ospe¢l ofthe guarantee iy Ilmited lo £1 per member of th& charitable company. 2.4 FUND ACCOUNTING General funds are unwslrlcled funds which are 8V8ilable for use al the diScreOn of the Twstees in furtheran¢è Df Ihè general objectives of the charity and which have not bèèn designat8d for ¢)ther purposes. 2.5 INCOME FROM CHARrrABLE ACTNMES AJI income from charitable activities is included in the Statement of financial activitses when th8 charity is legally entitled to the income aTrJ the amount can be quantified with reasonable accuracy. Income tax recoverable in relation to donats'ons received under Gift OT deeds of covenant is recognised at the lime of the donation. 2.6 DEBTORS Trade and other debtors are recognised at the settlempnt amount after 8ny trade discount off8r8d. Prepayments are valued at the amount prepaid net of any trade discounts due.
GORDANO SCHOOL COMMUNrrYTRUST (A COMPANY LIMrrED BY GUARANTEE) NOTES TO THÉ FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 2.7 CREDoRs LlabllltSes are recognised when there18 an obligation at the Balance Sheet dale as a resurt of a past 8v8nt, il is probabl& that a transfer of èconomic benefit will be required in settlement and the amount of the s&ttl8ment can be esb'maled reliably. Liabilities are recognised at the amount the Charity anticipatss il wll pay to settle the debt or the amount it has received as advanced payments for the goods OT services il mu51 provide. 2.8 EXPENDITURE ON CHARfTABLE ACTIMnES All gxpenditure is accounted for on an accruals basis and has b88n included under 8xpense categories Ihal 8ggregate all wsls for allocation to aetivities. Where costs cannot be directly attributed to particular activltles. they have been allocated on a basis consistent with the use of the resources. Support costs are those costs incurrèd directly in support of expendlture on the oblecls of the charity. Governance costs are th050 inGurrgd in connection with administration of Ihe charlty and complian¢9 with consfjtuli¢)nal and siatu¢ory requiromants. 2.9 PENSIONS Th* tharity operatas a defined contribution pension sch•m•, and the pénsion charga represents the amounts payable by the charity to Ihe fund in respect of the year. 2.10 CASH AT BANK AND IN HAND Cash at bank and in hand includes cash and short-lerm highly liquid investments with 8 short maturity of three months or less from the date of acquisition or opening of the deposit or Similar acts)unl. 111 FINANCIAL INSTRUMENTS The chanty only has financial assets and financial liabilities of a kind that qualfy as basic financial Instruments. Baslc flnanclal Instruments are inlllally re¢ognis8d al transadon value an(1 subsequenuy measured at their settlement value.
GORDANO SCHOOL COMMUNITYTRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 INCOMING RESOURCES FROM CHARITABLE ACTMTIES Uni•strlctod funds 2024 Total hjnds 2023 Leisure Centre 303,093 272.891 DIRECT COSTS Total funds 2024 Totsl funds 2023 Premises and Grounds Costs Haal and Light Cleaning Donation for capitsl invèsknenl cences Hire of grounds and equipment Instructors f88S Wages and salarios National insurance Pension cost 11,654 21,991 24186 39,137 2.402 32,193 15,260 86,599 8,$30 15,074 20.008 29.933 1,831 36,597 13,318 TT.734 4,761 4.307 10
GORDANO SCHOOL COMMUNITY TRUST IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 SUPPORT COSTS Total funds 2024 Total funds 2023 Printing and 5talionBry Marketing and advertising TdephDne Unlform First aid Bank charges Insurance Administration and finance re-charges Governanc8 costs PrOvion for Bad Debts t64 221 240 251 218 3,804 2,677 4,437 11,738 2.293 28,446 3,789 1595 Includèd in Govemance Costs is Independent examiners fees of £2,40012023.' £2.2801- ANALYSIS OF RESOURCES EXPENOED BY EXPENDrruRE TYPE Other Total 2024 Total 2023 Lelsure Centre 91,300 190.511 281,871 229,2) NET INCOME This is stated after charging-. 2024 2023 Pension costs During the year, no Tnjstees recelved any remuneratlon or benefits Sn klnd12023.. £NILI During the yèar, no Truste8s receivèd Any reimbursgm8nt of exnses12023.. £NIL)
GORDANO SCHOOL COMMUNITYTRUST IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 STAFF COSTS Staff costs were as folkms: 2024 2023 Wages and salarS Social security costs {net of employment allowance} Pensi) costs 86,599 77.734 4761 4.307 91,360 82,041 The average monthly number of employees during the yearwas as follows.. 2024 No. 23 No. No employee is paid more than £60,000. The key man8gemenl personnel of the Trust Comprise tt)e Twstees Iwho do not receive remuneration for thelr role as a Trustee) 8nd the Seni¢x leadership Team who are paid by Gordano Sch¢Y)l. Totsl cost of £20.LMIO was recharged to GordanD School Community Trust for their seNices to the Trust. There is an increase on the prior year as the A5slstant Buslness Manager and the Finance Director spent a significant amount of tirne working for the Trust conducting VAT and Governance reviews. Salary costs have increased bul the number of empknyees has st8yed the sarrrg due to pay in¢reas8s and also a r8slrurlute which saw existing siaff promot into more s8nKJr. higher paid roles. DEBTORS 2024 2023 Trade debtors Prepayments and accru8d Income 3,790 2,082 9.565 1.095 5.872 10,660 10 CREDThORS: AMOUNTS FALLING DUE wrrHIN OME YEAR 2024 2023 Trad8 cr8ditors Aru81$ and dgferrgd income 131.265 22.T16 118.191 8,763 154.041 126,954 12
GORDANO SCHOOL COMMUNITYTRUST IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 11 STATEMENT OF FUNDS STATEMENT OF FUNDS- CURRENT YEAR Balan¢• at 1 Soptwnr 2023 Balan at 31 Expèndtturn August 2024 kn¢omg UNRESTRICTED FUNDS Genèral funds- all fvnds 148118 303 093 281871 169 STATEMENT OF FUNDS- PRIOR YEAR Balance at 1 September 2022 Balance at 31 Expendlturn August 2023 Incomo UNRESTRICTED FUNDS General funds- all fvn(Is 17 14 12 PENSION COMM1Th1ENTS The charity operates a defined ojntributions pension scheme. The assets of the sCme are held separately from thosè ol the charity In an IndependenY admlnlstered fund. Thè penslon cost charg6 represents contributions payable by the charity lo the fund and amounted lo £4,76112023.. £4,307). Therg were £80 {2023.' £3581 outstsnding eontributions at the balanc8 sheel date. 13 RELATED PARTY TRANSACTIONS The charity has some trJsts8s in Common with Lighthous• S¢hotsls Partnarship. During the year the charty paid Lighthouse Schools Partnership £149,69912023.' £114.3901 in respect of hire of grounds. grounds maintenance. printing and licenses, cleaning. equipment, finance and adminlslration. A¢ the y8ar-8nd th8r8 was £129,057 (2023.. £115,845) outstanding balanc8 ba88n th8 èntiti8s. 14 CONTROLLIMG PARTY The charlty is under the joint Conlrol of the twstees, as set out in the trustees. repo 13