Charity Number:
1142061
LANCASTER GIRLS, GRAMMAR
SCHOOL FUND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31ST AUGUST 2024

LANCASTER GIRLS, GRAMMAR SCHOOL FUND
Contents
Page
OITic¢rs and Professional Advisers
Trustees Report
Independent Examiner's Report
Statement of Financial A¢tiviti¢s
Balance Sheet
Notes to the Financial Statements
10-15

LANCASTER GIRLS, GRAMMAR SCHOOL FUND
OFFICERS AND PROFESSIONAL ADVISERS
Trustees
Mr C P Beard
Mrs S K Bain
Mrs S Hodgson
Headte&¢her
Mr C P Beard
Administrator
Ms C Gillies
Registered Office
Regent Street
Lancaster
LAI ISF
AccountAnts
CWR Chartered A¢countants
20 Mannin Way
Lancast¢r Business Park
Calon Road
Lancaster
LAI 3SW
Bankers
Lloyds TSB
49 Mark¢t Str¢¢t
Lancaster
LAI IJH
Solieitors
Veale Wasbrough Vizards
Or¢hard Court
Orchard Lane
Bristol
BSI SWS

LANCASTER GIRLS, GtL4MMAR SCHOOL FUND
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
The Trustees present iheir annual report along with the Financial Statemenis for the year ended the 31.
August 2024. The financial statements have been prepared in accordance with accounting policies set out in
the notes to the accounts and comply with the Charities A¢t 2011 and Accounting and Reporting by Charities..
Statement of Recommended Practice appli¢able to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Administrative Information
The Lancasler Girls, Grammar School Fund is a registered charity (No. 1142061) with the Charities
Commission. The charity wa5 fornied on th¢ 24th May 2011. The Trustees, administrators and professional
advisers are listed on page 3.
The object of the charity is to advance the education (including social and physical training) of students at the
Lancaster Girls, Grammar School (LGGS).
Structure, Governance and Management
The charity is connected with the Lancaster Girls, Grammar School, which has been an academy school since
the I" January 2011. The instrutnent of governance of the school provides for the Trustees to sit on the
governing body of the school.
The Trnstees are responsible for the overall management of the ¢harity. Policies and procedures are in place
for the indu¢tion and training of new Trustees. However, in recognition of the experience which is evident
amongst the current Trustees, there are no plans for the tr&inin8 of Trustees at present. The Trustees are aware
that if the need arises. they will of course arrange such training to be carried out.
The governance of th¢ s¢h¢)ol's activities is vested with the Governing Body who discharge their duties in
accordance with governmeni legislation.
Risk Management
The Board of Trustees is responsible for the management of risk faced by the charity. As the objerfs are to
support th¢ school, th¢ significant risks lo the charity arise from the school's day to day operation. The
Trustees, through overview of the Governing Body, ensures that risks are identifi￿. assessed and conlrols
introduced as required.
The Trustees examine the major risks that the charity faces each financial year lo ensure the Continued success
of the school and hence the charity.

LANCASTER GIRLS, GRAMMAR SCHOOL FUND
REPORT OF THE TRUSTEES (Cont'd)
FOR THE YEAR ENDED 31ST AUGUST 2024
Objects, Aims and Activities
The object of the charity is to assist the Governors of Lancaster Girls. Grammar School in advancing the
education of pupils at the Lancaster Girls, Grammar School.
With this objective the charity aims to improve the standard of education provided by the school by assisting
in the provision of facilities and to support activities which are designed to enhance the all-round development
of pupils.
The principal activity of the charity during the year was to run d¢velopmenl appeals to rdise monies in support
of the objectives of the charity.
When planning the activities for the year, the Trustees have considered the Charity Commissions guidance on
Public Benefit.
Application of Income
During the accounting year £1 18.832 has been applied to a range of costs and bursaries for the studenls of
Lan¢ast¢r Girls, Grammar School.
Financial Review and Investment Policy
During the year the charity contributed towards various costs of the school. This included a contribution of
£15,000 towards counselling cost5 and contributions totalling £85,000 towards the One-to-one device
programme. This is scheduled in note 2 to the accounts.
The charity made paytnents in excess of its income totalling £60,434 in the accounting year which together
with the brought forward fund balance of £527.329 give5 the Charity a totsl reserve balan¢¢ of £466,895 at the
end of th¢ a¢counting y¢ar.
The charity's policy is to place available funds in low-risk investments and to ensure funds ar¢ ¢asily
accessible should they be required for school projects.

LANCASTER GIRLS, GRAMMAR SCHOOL FUND
REPORT OF THE TRUSTEES (Cont'd)
FOR THE YEAR ENDED 31ST AUGUST 2024
Re5erve5 Policy
Net assets as al 31S1 August 2024 were £466,895. Of these funds £40,388 are restricied for specific projects as
detailed in the notes lo the accounts. The remainder fortns an unrestricted fi]nd and these funds can be directed
to projects in line with the objeclives of Ihe ¢harity at the discretion of the Trustees.
Future Plan5
The charity aims to continue to generate funds from appeals and to continu¢ its policy of improving th¢
general school building5 and to aid pupils who require assistance to develop their maximum w)tenlial.
Accounting and Reporting Responsibilities of the Trustees
The Trustees are responsible for preparing the Trustees. Report and the financial 5taletnents in accordan¢¢
vitli applicable law and United Kingdom Accounting Standards including Financial Reporting Siandard l 02:
The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally
Accepted Accounting Pra¢tic¢).
The Charities Act requires the Trust¢es to prepare financial statem¢nt5 for each financial year which give a
true and fair view of the state of affairs of ihe charity and of the incoming resources and application of
resources, of the charity for that period.
In preparing these financial statetnents. the Trustees are required to:
• select suitable accounting policies and then apply them consistently)
make judgements and accounting estimates that are reasonable and prudent-
observc th¢ methods and principles in the Charilies SORP.
state whether applicable a¢counting standards have been followed, subject to any materiel departures
disclosed and explain¢d in the financial statements. and
+ prepare ihe financial statements on the going Concern basis unless it is inappropriate to presume that the
charity will continue its activities.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and ¢xplain
the charity's transactions and disclose with reasonable accuracy at any time the financial position of the
Charity and to enable them to ensure thai the financial statements comply wilh the Charities Act 2011, the
applicable Charity (Accounts and Reports) Regulations and the provisions of the Trust Deed. The Trustees are
also responsible for safeguarding the assets of the charity and hence for taking reasonable sleps for the
prevention and detection of fraud and oiher irregularities.
Signed by order of the Trustees
Mrc P Beard
Approved by the Trustses on the 13th June 2025

LANCASTER GIRLS, GRAMMAR SCHOOL FUND
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF LANCASTER GIRLS, GRAMMAR SCHOOL FUND
FOR THE YEAR ENDED 31ST AUGUST 2024
Independent examiner's report to the Trustees of Lancaster Girls, Grammar School Fund
report to th¢ Trustees on my exatninalion of the accounts of Lancaster Girls, Gratntnar School Fund (the
Trust) for the year ¢nd¢d 31st August 2024. which are set out on pages 8 to 15.
Responsibilities and basis of report
As the cliai'ity Trustees of the Trust, you are responsible for the preparation of the ac¢ounts in accordance with
the requirements of the Charities Act 2011 ('the Act,).
J report in respect of my examination of the Trustee's accounts carried out under section 145 of the 201 l Act
and in carrying Out my examination I have followed all the applicable Directions given by th¢ Charity
Commission under section 145{5)(b) of the 2011 Act.
Independent examiner's statemeDt
I have completed my examination. I confirm thai no material matters have come to my attention in connection
with the examination giving me cause to be5i¢ve that in any material respect:
{ l ) accounting records were not kept in respect of the Trust as required by section 130 of the Act- or
(2) the accounts do not accord with those records,. or
(3) the accounts do not comply with the applicable requirements concerning the forn] and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
tl)at the accounts give a 'true and fair view, which is not a Tnaner considered as part of an independent
examination.
I have no ¢oncerns and have come across no other matters in connection with the examination to which
attention should be drdwn in this report in order to ¢nabl¢ a proper understanding of the accounts lo b¢
reached.
Mr Phillip Dennison ACA FCCA
For and on behalf of
CWR Chartered Accountants
20 Mannin Way
Lancaster Business Park
Caton Road
Lancaster
LAI 3SW
Date.. 23 Jun¢ 2025

LANCASTER GIRLS, GRAMMAR SCHOOL FUND
STATEMENT OF FINANCIAL ACTIVITIES
YEAR END 31ST AUGUST 2OZ4
Unrestricted
funds
Rcstri¢ted
funds
Total funds
TotAI fundB
For the year For the year
ertded 31
ended JI
August
August
2024
2023
Note
Incoming rt50ur¢e$
Voluntary income..
Donations and gifis
Invtstsneni in¢ome'.
Bank inleTe511 divid¢Dd in¢ome
10,295
50,246
60J41
49,276
53
J,IYJ9
,037
Total itttomlng resources
10,348
51,292
61,640
50.313
Resources expended
Charit8ble ¢%ptnditttre
Cost of gencraiing voluntary in¢ome
Chwiiable activÉiies
Govern3n¢e cosis
418
66,302
2,154
28,743
2,244
93,316
122,059
2,244
Total r¢50ur¢¢s txpettded
30,987
93J16
124.303
6&874
Net loutgoingl resources before other
recogni5ed g8ins wnd I0￿e$
{20,639)
(42,0241
162,6631
(18J61)
Unrealised gaiThl{105s) on inv¢stm¢n15
Z.229
2229
(1941
Transfers bctween funds
1,923
11.9Z3)
Net Movements in FLLnds
118.7161
141.718)
{60A34)
{18,7551
Reconciliation of Funds
Balantes Brought Forward l$t Stpt¢mber 2023
445,213
82,106
527,329
546,084
Balances C¥rried Forw#rd 31$¢ August 2024
426,507
40,388
466,895
527,329

LANCASTER GIRLS, GRAMMARSCHOOL FUND
BALANCE SHEET
AS AT31ST AUGUST2024
Note
2024
2023
Investments
30.531
28J02
Currcnt As$¢t$
Debtors
Cash al bank and in hand
2,754
436,584
4,690
508,359
439J38
513,049
Creditors.. Amounts falling dut Ivithln one yegr
(2.9741
114,0221
N¢t current Assets
436J64
499.027
Net Assets
466895
527,329
Fuods
Unresirictcd funds..
General funds
Re51ricted funds
426,507
40J88
445,223
82.106
Totnl Fund5
466395
527J29
These accounts I￿re approved by the trusiees on the 13th June 2025 and signed on their behalf by..
Mr C P Beard
The notes on pages 10 10 15 fomi part of Ihc5e ac¢ounts

LANCASTER GIRLS, GRAMMAR SCHOOL FUND
NOTES TO THE FINANCIAL STATEMENTS
YEAR END 31ST AUCUST 2024
ACCOUNTING POLICIES
St#ltm¢nt of eonJpli2llCQ
The financial staiemenis have been prepared in a¢¢ordantt wilh FRS 102, The Ftnancial Reporting Standard
app15¢able in the UK and Republic of Ireland,, the Statemeni of Recommended Practice applicable to Charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK ai)d
Republic of Ireland {FRS 1021 ICharilie5 SORP {fRS 102)) and ihe Charities Act 2011.
B9515 ol proparation
The linan¢ial siaiements have bcen prepared on the historical cost basi5. a5 modified by the revaluation of
certain financial asse15 and liabilTlie5 and inveslrnents rneasured at fair value through in¢ome or expenditure.
The financial siaiement5 are Prepared in sterling, which is the functional CUTrency of the entity.
The significant accouniing policies applied in ¢he preparaiion of th¢s¢ financial statements are sei out below.
Going Contern
The Trustees assess wh¢th¢r ihe use of going eoncem is appropriate i.e. whether there are any
material uncertaintie5 rclated to evcnts or condition5 that rnay cast signifi¢ani doubt on the ability of
thc charity to continue as a going concem. The Truste&4 make ihis assesSm￿t in respect of a pthod
of one year from Ihe date of approval of the financial staternents.
Thu5 the TTusiees ¢oniinue io adopi the going concern basi5 of accountin8 in preparing ihe finantiaS slaiements.
Don#ilons ine(kme Irom actiYitie5
Donations are recogni5¢d on a receivable basis where there is certainty of receipl and the arnount can
be reliably rnea5ured. Other income is retognised in the period it is receivable and to (he exwii thc goods
have be¢D provided or on completion of ihe Se￿1¢¢.
Gr#*ts
Monies received contingcnt on thern being used for a specific purpose are treated as provisions and are
only released agatnst exp¢ndiiure ivhen thai expcnditure 15 Incu￿¢d.
Inve5tment$
Investments are included at market value ai ihe balance sheet date. Oains and losses on disposal And
revaluation of invesirnents are charged or credited io ihe SOFA.
Fund$ a¢eounting
Funds held by the charity are..
Uttresiricied general funds- Ihese are fund5 which can be used in a¢cordance with the charitable objecls
al the di5CTetion of the Trusi¢¢s.
10

LANCASTER GIRLS, GRAMMAR SCHOOL FUND
NOTES TO THE FINANCIAL STATEMENTS
YEAR END 31ST AUGUST 2024
ACCOUNTING POLICIES ICONTINUEDI
Fund5 accounting {¢ontinuedl
Restricted fund5 - thes¢ ar¢ funds which can only b¢ us¢d for particular restri¢t¢d purposes within the
objects of the Charity. Restrictions apply when specified by the donor or when funds are rdised for
particular restricted purp05e5. Further detai15 of the purpose of each fund are included in the notes to
the financial statements.
11

LANCASTER GIRLS, GfL4MMAR SCIIOOL FUND
'OTES TO TIIE FINI ANI CIAL STATEMENTS
YEAR END 31ST AIIGUST 2024
Unrc5trict£d Rt8trieted
Total
Totsl
fu*ds
funds For the year For tho year
ended 31
ended 31
Auguyt
August
2023
2024
l. Cost ofgonorating volunt*ry ithtome
Fundraising eveni cosis
418
418
2. Charil*ble #¢tiviti¢5
Grants tna(k in respect or..
Gener￿1 contribuliolls to LGGS lin¢luding prizes)
Coniribution iowards LGGS Itip & lesson eogts on behaifofpupils
Coniribuiion iowards LGGS student course bursaries
Conlribuiion iowards LOGS library books and author¢v¢nt
Contribution iowards LGGS counsclling costs
Contributions towdrds LGGS dining cquiptncni
Contribution5 IOIVdrds LGGS One-to-one device proEt2mme
Coniribuiions ioivards LGGS ysn¢ral equip]nent
Donations lo N&iiDnal ChaTIIIL
Donation5 to Inlernalion21 Charities
1500
4,942
739
2,239
4,942
4.600
1.715
15,lJOO
2,349
85,000
2.987
1.172
2,055
710
4,060
3,12S
496
4.60
1,715
15.000
2J49
25.820
24,131
374
3.229
4,357
55,000
2,987
250
922
2,055
28,743
93J16
122,059
66J02
3. Covernllnce cost5
Accouniancy and independent ¢xamin¢rfs f¢¢
2,244
2.244
2.1.54
2244
2,244
2,154

LANCASTER GIRLS, GRAMMAR SCHOOL FUND
NOTES TO THE FINANCIAL STATEMENTS
YEAR END 31ST AUGUST 2024
4. Staff Costs
Th¢ ¢harity does noi employ any staff. The T￿￿teeS received no remuneration or expenses during the period.
5. Investments
2024
2023
COIF UT)its
BlackRock Investment Fund
M&G Investments
24,216
15S
6,160
22,430
148
5.724
30,531
28,302
6. Debtors
2024
2023
Grft Aid reeoverable
Other debtor5
Prepairynents
1,504
1,130
120
4,690
2,754
4,690
7. CTeditors.' Amounts falling du¢ within one year
2024
2023
Commitments to Lan¢a5t¢r Girls, Grammar School
Accruals and defetTed income
700
2,274
11.826
2,196
2,974
14,022
The commitments to Lancaster Girls, Grammar School represent reimbursement of School Fund monies.
13

LANCASTER GIRLS, GRAMMARSCHOOL FUND
NOTES TO THE FINANCIAL STATEMENTS
YEAR END 31ST AUGUST 2024
8. Restricted funds
BAlance
Ineorning
re50urtes
Outgoing G4ith$, lo$$¢s
resource5 and tran$f¢rs
Balance
31.08.24
31.08.23
Rcstricted Prize l BuTsary Fund
PaTent donation for S121Tol LGGS
PaTent donaiion for 61h form ofLGGS
One-to-one Device scheme pareni donations
The Doivager Countess Ele2nor Peel Tnjst Bursary
Donations to National Charities
Donations to International Charitie5
Other resiricied charitable donations
Joyce Rigby legacy for mathematics
60,904
1.000
1,000
11071
10,900
1,990
726
405
5.288
3,337
11,4851
62.756
1.000
760
138,165)
7.300
1.463
1240)
185,000}
{3,600)
1922)
{2,05S)
46,942
1,187
2,055
(7921
(7261
14051
(14)
5,274
82,106
53.521
{93J16)
(1,9231
40,388
The Restricted Prize / Bursary Fund is made up of a number of different prize funds. The awards are specifically for
pupils of LGGS to reword oyisianding achievement and perfomianee or to promote the furth¢r education of pupils of
Ihe school.
It is noted that (he One-tO-One Device scheme shows an excess of expenditure over income. This is due to the timin8 of the
investment in the devices and the defi¢it is expecied ¢0 r¢duce as future parent donation5 are received.
Nationalltnternational/Other donations includ¢ monies raised for re8lStered nalional and global charitie5. A5 al Ihc end of
the a¢¢ountin8 period a tolal of £1,463 donaiions had OOL b¢en paid lo the relevant ¢harily.
9. Analysts of Det a5$ets between funds
Tanglble Net Current
Fixd Assets
Assets
Total
2024
Restricied Funds
Unrestricted Funds
40J88
426,507
40 J88
426,507
466,895
466,895
14

LANCASTER GIRLS, GRAMMAR SCHOOL FUND
NOTES TO THE FIJYANCIAL STATEMENTS
YEAR END 31ST AUGUST 2024
10. Control
The Charity is controlled by the Board of Trustees.
I l. Taxatio
Lancaster Girls, GrarDmar S¢hool FuDd is a Tegistered charity nutnber 1142061. All the charity's income is applied
to its charitable objectives and the charity IS, therefore, exempt under current legislation from most fornis of
taxation.
12. Transactions with Trustee5 and connected parties
During the a¢¢ounting year the charity made a series of transactions with Lancaster Girls. Grammar Sehool, a
eompany limited by guarantee whose company number is 07441463.
These transactions involved a series of donations to the school in line with the objectives of the charity.
Th¢ school fully utilised these donations during the accounting period for th¢ purpose% specifIed.
The charity is administered from within the premises of the LancasteT Girls, Grammar School however no
recharge of wage5 and salaries, rent or other overhead was ¢harg¢d lo the charity during the awounting period by
the s¢hool.
15