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$tered number 1141571 Ro01st*rnd offic• Gordano School st Marys Road Portishead North Somerset BS20 7QR Chlef executlve offlcgr Mrs Elli& A￿Strong Accountants Bishop Flerning LLP 10 Temple Back Bristol BS16FL 8ankors Lloyd8 Bank PLC Commercl8l 88nklng P.0. Box 1000 BX1 ILT GORDANO SCHOOL COMMUNITYTRUST (A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The Annual Report serves the purposes of both 8 Trustees. report and 8 directors, re￿( under company law. The Trustees confirm that the Annual Report and financial statements ol the charitable company comply with the current ststutory requirements. the requirements of the charitable company's governing document and the provlslons of the Statement of Recommended Practice ISORP) applicable lo chariiles preparing their accounts n accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 loffective 1 January 20191. Sirsce the company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of rnedium and large conipanies under the Companies Act 2006 IStrate9ic Report and Directors, Report) Regulations 2013 has been omitted. STRUCTURE, GOVERNANCE AND MANAGEMENT . CONSTrruTION The company is registered as a charitable company limited by guarantee and was Set up by 8 Memoran¢Jum and Articles of As$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, cu￿Ure. or other leisu￿ time 0￿upatIon 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 in￿Me. 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 PiCk￿ball, 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. RESPoNSIBIL￿lEs 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 requIr￿ents 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 r￿1 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