Roglstered, numher:.0816831'1 (England,and'Wales)
Charity number: 1151323
.BEECH LODGE SCHOOL LIMITED
IA ¢'ompa.ny limited,b.y guarantee)
TRUSTEES, REPORT AND FINANcIAL,STATEMENTS
FOR THE.YEAR ENDED 31.AVGUST 2024
"AEOAR24P'
1210412025
COMPANIES HOUSE
A12
#150

BEECH LODGE SCHOOL'LIMItED
CONTENTS
Page
Ref9renc? and admirflstratlve details olihé'charltyi
Trustees report
Independe'nt audltors, report on the financial statements
onsolldated stgtéinerit of finab¢lal 4.ctlyitiès
Consolldated balance shèèt
its Trts"stee$ and advl'gers
12
Charlty balance sheet
Consolldated statemènt of ¢asli flovds
13
14
Notes to the flnancial state.ments

BEECH LODGE SCHOOL LIMITED
IA company limited by guarantee)
REFERENCEAND ADMINISTRATIVE DETAILS QF THE CHARITY, ITS TRUSTEES AND ADVISERS
FQR THE YEAR ENDED 31 AUGUST 2Q24.
Trustees
LJRBaines
D Szmigielska Shanly
S A Szmi9ielski
O M Gillespie (Appointed 14 May 2024)
Company reglstered
number
08168311 (England arid Wales)
Charlty reglstered
number
1151323
Reglstered offlcè
Sorbon 24-26
A￿eSbury End
Beaconsfield
Buckinghamshire
HP9 1LW
IDdepend•nt audhors
Henton & Co LLP
Slag House
Old London Road
Hertford
Hertfordshire
SG13 TLA
Bankgrs
Barclays Bank PIC
34 Market Square
A￿e$bury
By¢kinghamshire
HP20 1
Principal Operating
Office
Stubbings Lgne
Henley Road
Maidenhead
Beikshire
SL6 6QL
Page 1

BEECH LODGE SCHOOL LIMITED
(A company Ilmited by guarantee)
TRUSTEES, REPQRT
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees are pleased to present their annual Tnjstees, report togelher with the financial slalements of the
harity for the year ending 31 August 2024 which are also ,prepared lo meet the requiremen19 for a directors,
report and accounts for Companies A¢t purposes.
The financial statements comply with the Charilies Act 2011, the Companies Act 2006, the Memorandum and
Articles of Association, and Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable
in the UK and Republic of Ireland IFRS 102).
Objectives and activities
o Objectives and alms
The principal object of the Charity is to advance to education of the pupils al Beech Lodge School by providing
and assisting In the provision of specialised schoollng and education services for children bÈ￿een 7 and 18
years of age,
There have been no changes in the objectives since th8 last ahnual report.
o Objectlves, Strategles, and Aclivitles
In selling objectives and plannlng for activities, the Trustees have given due consideralion lo general guidance
published by the Charity Commission relaling lo public benefit. Beech Lodge School Limited is committed to
providing quality care and education for children and young people with special needs, particularly those who
have experlenced trauma and adverse childhood experiences, creating a nurturing environment lo foster
resillence, develop a growth mindset and provide opportunities for achlevemenl. enabllng every child over lime to
reach their full academic and social potential.
Publlc benefit
8eech Lodge School Is an Independent special school for chlldren and young people who are unable lo reach
their potential in a mainstream setting. Many of the pupils who attend the school havè social & emolion81
difficulties caused by early traurha and adverse childhood experiences, the consequences of which can be
extremely challenglng and lifelong. All pupils have an Educatlon, Health and Care plan IEHCP) and are
funded by their Local Education Authority (LEA). The school works with 12 LEA'S who place pupils al the
school. The school offers a bespoke, engaging. and flexible curriculum tailored to meet pupil needs, interest,
and academlc ability. Pupils access a range of subjects. quallfications and extra- curricular activities which enable
Ihem to fulfil their potential and prepare for Ihe next stage of their live5. Puplls are taught in small classes with
a high adult ratio and specialist teaching. Training and support is offered to local slate schoo15 on the impact
of trauma and atiachment.
The sdhool's charity shop, the"Apprenticeshop' in Maidenhead High Street has been registered as a Community
Interest Company. 11 Ss a working and learning space and is intended lo provide work experience for pupils at
Beech Lodge as well as other local stale special schools including Forest Bridge and Manor Green SEN schools.
To dale the shop has raised over E30k for local and inlernalional charilies.
Page 2

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2024
Achievements and performance
o Main achievement5 of the Charity
Adm155ions
Pupil numbers remained at 82 puplls In September 2023 for the academic year 2023124. Appllcations for places
continued throughout the year and predictions for 2024125 intake remain stable and at the optimal number in
order lo achieve our aims for our pupils. Academic and vocational qualificallon results have been good wllh
100 /0 of leavers achieving 5 or more recognise¢ qualifications or certificatlons.
Flnanclal revlew
D Golng concern
After making 8ppropriale enquiries, the ,board of Trustees has a reasonable expectation that the charitable
company has adequate resources to continue in operational existence for the foreseeable future. For this reason.
it continues to adopt the going<oncern basis in preparlng the Ilnancial stalemenls.
For the group, including Peech Lodge Services Limited, incoming resources were £3,832.442 (2023..
£3.398,394) and resources expended were £3.739,633 {2023.' £3,350,735) giving a surplus of £92,809 (2023:
£47,659) for the year.
o Rft3erv8s policy
Reserves are held lo meet future cominilmenls and wll b6 reSnvested into the facilitles of the s¢hool and
education of the chlldren. On 31 st August 2024 lolal reserves comprised..
Unrestricted.. £578,079 (2023.. £485,270) for the group, and £688,963 (2023.. £584,250) for the school.
The reseNes held effectively represent the commitments due under the property lease.
o Prlnclpal rlsks and uncertainties
The Trustees have assessed the m8jor risks to which the Charity Is exposed. using a RAG rating matrix. The
likelihood and impact of various business risks. mainly pertaining to regulatory requirements and financial
performance. have been assessed and appropriate actions have been put in place to miligale exposure lo the
major risks.
Currenlly a major uncertainty and risk to ihe school is the upcomin9 ¢hange in law by the new Labour
Government who are mandating that all independent schools {includin$ independent special schools) should be
VAT regSslered 8nd thus applying 200/0 increase to fees from January 1st 2025. It is our understanding that we
will be fr)rced lo register for VAT and add 20% Incre8se on our fee5 to the Local Education Authorities who fund
our pupi15 and they will be able lo reclaim the VAT. At the lime of writing we only have one pupil who is privately
funded and we do not anticipate thal the addition of VAT on our fees will affect us too detrimentally. 11 is also the
government's pfoposal to strip all independent schools of theif charitable status therefore removing business
rates relief. However, it is currently in debate in parliament and we anlicipale that independent SEND schoo15
who have in excess of 500/0 of pupils with EHCPS such as us are likely to be exempt, thus removing Ihal risk.
Page 3

BEECH LODGE SCHOOL LIMITED
(A Gompany limited by guarantee)
TRUSTEES, REPORT ICONTINUEDI
Foli THE YEAR ENDED 31 AUGUST 2024
Structure, governance and management
o Constitution
The Charity is incorporated as a charitable company limited by guarantee and is a re9lStered charity under
number 1151323. 11 is governed by a Memofandum and Articles of Association dated 3rd August 2012 as
amended by special resolution daled 19th December 2012.
Details of the Trustees who served throughout the year and included in the Reference and Administrative Details
onPage1.
o Methods of appointment or electlon of Trustees
The management of the Charity is the responsibllity of the Trustees who arè èlected and co-opted under the
terms of the Articles of Association.
o Organlsational structure and decislon-rnaklng policies
The School is principally fun by the Proprietary Body made up of the Trustees under the chairmanship ol Danlela
Shanly. Eath of Ihe members of the Proprietary Body sit on the school's Adwsory Board which oversees
the work of the school and helps secure the school's aims, The Advisory Board comprisés a te8m of people who
all have a connecllon wilh the school. The Advisory Board meets regularly and keeps abreast of responsibS1ilies.
It is strongly Involved in strategic planning so that resources, both human and material are best used to meet the
needs of pupils.
Daniela Shanly takes overall respon31blllty lor the effective running of the school, working closely wllh the
Principal and Headleacher.
tt Pollclos adopted for the Induction and tralnlng of Trustees
All Trustees of Beech Lodge School are bound by the school's charity policies which include.. Reserves Policy,
Rlsk Reglster, Due Diligence Policy, Conflict of Interest Policy, Safeguarding Policy, volunteer Management and
Environmental Policy.
Induclion and tralnlng is glven in-house and via extern81 specialists including the Independent Schools
Association {ISA) Ir8ining. FamiliarizalSon with the roles of Truslees adheres to the charities commission
guidelines which include Trustees 6 main duties.
o Pay policy for key management pgrsonnel
The Founders set the pay of the Headteacher, and Ihe Founders and Headteacher set the pay of other key
management personnel.
Page 4

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
TRUSTEES, REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2024
Plans for future periods
We are looking to expand our provision by opening anoiher school in Surrey in 202512026 due lo increased
demand. We have identified a site in Woking and are progressing with surveys and planning application. The
Beech Lodge brand has become synonymous with excellent practice particularly working with care-experienced
children who have 8 history of trauma and il is our intention lo replicate our model in Surrey and beyond in the
fijlure.
Members, Ilablllty
Each member of the charitable company undertakes lo conlribule to the assets of the charitable company in Ihe
event of It being wound up while they are a member. or within one year after they cease lo be a member, such
amount as may be required. not exceeding £1, for the debts and Ilabilities contracted before they ceased lo be a
member.
Statemont of Trustoes, responslbllltles
The Trustees (who are also the directors of the Charity for the purposes of company lawy are responslble for
preparing the Trustees, report and the financial sl8lements in accordance with appli¢able law and Unlted
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare fi'nancial st8lemenls for e8ch financial year. Under company law,
the Trustees musl not approve the financial slatemenls unless they are sallsfied that they give a Ifue and fair
view of the slate OF affair5 of'the Group and the Charily and of their Incoming resources and applicalion of
resources, including their in¢ome and expenditure, for ihat period. In preparing these financial statements, the
Trustees are required to.,
select suitable aGGounling policies and then apply them consistently,,
observe the methods and principles of the Charities SORP (FRS 102).,
make judgements and accounting estimates that are reasonable and prLJdenl',
slate whether appli¢able UK Accounting Standards IFRS 102) have been followed, subject to 8ny
nialerial departures diselosed and gxplained in the financi81 slalemcnls:
prepare the financial slalemenls on the going concern basis unless it is in8ppropriate to presume that the
Group will continue in business.
The Trustees are responsible for keèplng adequate accounting ￿CordS that are sufficlent to show 8nd explain the
Group and the Chari
s transactions and disclose with reasonable accuracy at any time the financial position
of Ihe Group and the
harity and enable them lo ensure that the financial statements comply with the Companies
Act 2006. They are also responsible for safeguardin
the assets of Ihe Group and Ihe Charity and hence fortaking
reasonable steps for the prevention and detection of
raud and other irregularities.
Page 5

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
TRUSTEES, REPORT ICONTINUEO)
FOR THE YEAR ENDED 31 AUGUST 2024
Namea of trustees who manage the charity
L J R Barnes
D Szmigielska Shanly
S A SzmigielskS
D M GSllespie (Appointed 14 May 2024)
Disclosure of Informatlon to aud5tor3
Each of the persons who are Trustees at the (ime when thls Trustees, report Is approved has confirned that:
so far as that Trustee is aware, there is no relevant audit inform81ion of which the charitable group's audllorg
are unaware, and
th81 Trustee has lakert all the steps that ought lo have been taken as a Trustee in order to be aware of any
relevant audit information and to establish that the charitable group's auditors are aware of that information.
Auditors
The auditors, Henlon & Co LLP, have indlcaled their willingness lo continue in orfice. The ¢esignated
Trustees will propose a motion rtappointing the'audilors at a meeting of the Trustees.
D Szmiglelska Shanly
Trustee
Dale:
3101 |g025
Page 6

BEECH LODGE SCHOOL LIMITED
(A company limsted by guarantee)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF BEECH LODGE SCHOOL LIMITED
Opinlon
We have audited the financial slalèments of Beech Lodge School Limiled {Ihe 'parent charitable company,) and
ils subsidiaries (the 'groLJP') for the year ended 31 August 2024 which comprise the Consolidated slalemen¢ of
rinancial aclivilies, the Consolidated balance sheet, the Charity balance sheel, the Consolidated slalemenl of
ash flows and the related notes. including a summary of significant accounting policies. The financial reporting
framework Ihat has been applied in their preparation is applicable law and United Kingdom Accountirity
Standards, including Èinancial Reportlng Standard 102 Thè Financial Rgporting Sfandard applicable in lh6 UK
and Republic of Ireland (United Kingdom Generally Accepted Accountlng Practice).
Sn our opinion the financial statements:
give a true and fair view of the stale of the Group's and of thè parent charitable Cornpany's affairs 8$ al 31
August 2024 and of the Group's incoming resources and application of resources. including ils income
and expendlture for the year then ended-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice., and
h8ve been prépared in accordance with the Tequirements of the Companies Act 2006 and the Charlties
Act2011.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI {ISAs (UK)) and applicable
Saw. Our responsibilities under those standards are further described in the Auditors'responsibilities for the audil
of Ihe financial st8lem8nls section of our report. We are independent of the Group in 8ccordanc8 wlh the
ethical requirements that are relevanl lo our audit of the financial statements in the United Kingdom, including
the Financial Reporting Council's Ethical Standard, and we h8ve fulfilled our other ethical responsibilities in
accordance with these requirements. We believe Ihal Ihe audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
Concluslons relatlng to golng concern
In auditing the financial statements, we have concluded that the Trustees, use of the going concem basis of
accountin9 in Ihe pfeparalSon of the financlal statements Is approprlate.
Based on the 'Work we have performed, we have not identified any material uncertainties relating lo events or
ondilions that. individually or collectively. may casl significant doubt on the Group's or the parent charitable
company's ability to continue as a going concem for a period of al least ￿e1ve months from when the financial
statements are aulhorised for issue.
Our responsibilities and the responsibilities of the Trusteès with r8spect lo going concern are descrlbed In the
relevanl seclion5 of this report.
Page 7

BEECH LODGE SCHOOL LIMITED
{A company limited by guarantee)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF BEECH LODGE SCHOOL LIMITED
(CONTINUED)
Other Informatlon
The other information comprises the information included in the Annual report other than the financial statemehts
and our AudStors' report Ihereon. The Truslees are responsible for the other information contained within the
Annual report. Our opinion on the financial statemenl5 does not cover the other information and, except to the
extent otherwise explicilly stated in our report, we do not express any form of assurance conclusion thereon.
Our responsibility is lo read the other inforrnalion and, in doing so. conslder whether the other information is
materially inconsistent with Ihe financial statements or our knowledge obtained in thè cour58 of the audit, or
otherwise appears lo be materially misstated. If we identify such material inconsistencies or apparent material
miss181ements, we are required to determine whether this gives rise to a materi81 misslalement in the financial
slalements thémselves, If, b85ed on the work we have performed, we conclude that there is a malerl81
misslatementof this other information, we are required lo report that fact.
We have nothing lo report in thls regard.
Opinion on other matters prescribed by the Companies Acl 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees. report for the financlal year for which the financial slalemenls are
prepared is conslslenl wllh the financial slaternenls,
the Trustees. report has been prepared in a¢¢ordance with applicable legal requirements.
Matter3 on whlch we are requlred to report by exceptlon
In the light of our knowledge and understanding of the charitable company and ils environment obtained in the
cours8 of the audit, we have not Idantified material misstatements in the Trustees, report.
We have nothing io report in respect of the following matters in relation to whlch Companies Act 2006 requires
us to rèport to you if. in our opinion..
the parent charitable company has not kept adequale and sufficient accounting records, or relums
adequate for our audit have not been received from branches not visited by us., or
the parent charitable company financial slatemenls are not In agreement with the accounting records and
relurns- or
certain disc105ures of Trustees, remuneration specified by law are not made., or
we have not recelved all the information and explanations we require for our audit.. or
the Trustees were not entitled to prepare Ihe financial slalements in accordance with Ihe small
companies regime and lake advantage of the small Gornpanies. exemption5 in preparing the Trustees,
report and from the requiremenl lo prepare a Str8te9ic report.
Other matter
The financial statements of Beech Lodge School Services Limlted for the current and prior period are
unaudited.
Page 8

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF BEECH LODGE SCHOOL LIMITED
(CONTINUED)
Responsibilities of trustees
As explained more fully in the Trustees, responsibilities slatemenl, the Trustees (who are also the directors of
the charitable company for the purposes of company law) are responsible for the preparatlon of the financial
st81emenls and for being satisfied that Ihey give a true and fair view, and for such internal control as the Truslees
determine is necessary lo enable the i)reparation of finan¢lal slalements that are free from material
misslalement, whether due to fraud or error.
In pr8paring the financi81 stalemenls, the Trustees are responslble for assessin9 Ihe Group's and the parent
charitable company's ability to continue as a going Goncern, disGlosing, as applicable. ma118rs related lo going
concem and using the going concern basis of accounting unless the Truslees ellher intend to liquidate the Group
or the parent charitable company or lo cease operations, or have no realistic alternative bul lo do $0.
Auditors. ro$pon8lbilltles for the audlt of the flnancial statements
Our objectives are to obtain reasonable assurance about whether the financi81 statements as a whole are free
from malerial misslalemenl, whether du8 to fraud or eiror, and to issue an Audilor5' report that includes our
opinion. Reasonable assurance is a high level of assurance, but Is not a guarantee that an audit conducted in
accordance with ISAS (UK) w611 always delect a material misstalemenl when il exists. Misslalerr¢ents e8n arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected lo influence the economic decisions of users taken on the basss of these financlal statements.
The extent lo whl¢h our procedure5 are capable of delecllng irregularltles, Includlng fraud15 detalled below..
Audit procedures undertaken In response to Ihe potential risks relating to irregularitles (which include fraud and
non-compliance wtth laws and ￿gUlatIonS) comprised of.. enquiries of trustees, management and those charged
with gov¢rnance concernlng any actual or polenllal litl9alion or claims. inspeclian of relevanl legal
CDrrespondence,' review of boafd minutes., testing the appropriateness of journal entries,. and the performance of
analytical remew lo identify unexpected movemenls in account balances which may be indicative of fraud.
We dlscussed with the twstees and other management the policles and procedures regarding compliance wilh
laws and re9ulalions. We idenlified laws and regulations In planning our work and the audll team were briefed to
be alert of any indications of non-complianée throughout the audit.
The charity is subject to laws and regulations that directly affect the financial statements, including financial
reporting and taxation legislation together with other operational aspecls such as health and safety, employment
law and requirements under the General Dats Protection Regulation. We assess thè extent of compliance with
these laws and regulation5 as part of our audit proGedures. The potential effect of these laws and regulations on
the financial statements varies considerably.
Auditing standards limit the required audit procedures to Identify non-compllance with these laws and regulallons
to enquire of the trustees and other management and inspection of regulatory and legal cor￿spOndence, rf any.
No instances of material non-compliance were identified. However, the likelihood of detecting iffegularities.
including fraud, is limited by the inherent difficulty in detecting irregularities. the effectiveness of the charity's
onlrols, and the nature. liming and extent of Ihe audil procedures performed. Irregularities that result from fraud
might be inherently more difficult lo detect than irregularities that result from error. As explained above. there is
an unavoidable risk that material misstalemenls may not be detected, even though the audit has been planned
and performed in a¢cordance with ISAS (UK). We are not responsible for preventing non compliance and cannot
be expected lo delect non-compliance wlh all laws and regulations.
Page g

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF BEECH LODGE SCHOOL LIMITED
(CONTINUED)
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at. www.frc.or
. uklaudilorsres
onsibilities. This descriplion forms part of our
Auditors, report,
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006, and to the charitable company's trustees, as a body, Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the
charitable company's members those matters we are required to state to them in an Auditors, report and for no
other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other
than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions
we have formed.
Stuart Heaney
Senlor Statutory Auditor
For and on behalf of Henton & Co LLP
Chartered Accountants
Statutory Audltor
Stag House
Old London Road
Hertford
Hertfordshire
SG13 7LA
Page 10

BEECH LODGE SCHOOL LIMITED
{A company limited by guarantee)
CONSOLIDATED STATEMENT OF FINANCIALACTIVITIES (INCORPORATING INCOME AND
EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 AUGUST 2024
Unrestricted
funds
2024
Total
funds
2024
Tol81
funds
2023
Note
Charitable aclivitles
Other trading activities
Total incomo
3,830,837
1,605
3,830,937
1,605
3,395,559
2,835
3,398,394
3,832,442
3,832,442
Exponditure on:
Raising funds
Charitable aGlivilles
10,759
3,728,874
10,759
3,728,874
9,OTO
3,341, 665
Total expendlture
3,739,633
3,739,633
3,350, 735
Net movement In funds
92,809
92,809
47,659
Reconclllatlon of funds:
Total funds brought forward
Net movement in funds
485.270
92,809
485,270
92.809
497,611
47,659
Total funds carried forward
578,079
578,079
485, 270
The Consolidated slalemenl of financial activlties includes all gains arKf losses recognised in ihe year.
The notes on pages 15 to 33 form part of these financial stsl8menta.
Page 11

BEECH.LODGE,SCHOOL LIMITED
{A company limited by guarantee)
REGISTERED NUMBER: 08168311 (England and Wales)
CONSOLIDATED BALANCE SHEET
AS AT 31 AUGUST 2024
2024
2023
Note
Fixèd assats
Intangible 8ssets
Tangible assets
10
4,079
102,745
S,302
143,588
106,824
148,890
Current assets
Debtors
C85h al bank and in hand
13
594,270
1,3¥0,560
1,491,497
293, 608
1,924,830
I, T85, 105
Creditors.. amounts falling due within one
year
14
11,453,575)
(t.448.725)
Net current as8etS
471,255
336.380
Total assets less current Ilabililies
578,079
485,270
Total net assets
578,079
485, 270
Charity funds
Unrestricted funds
15
578,079
485,270
Total fund
578,079
485,210
The Trustees acknowledge their responsibilities for complying with the requirements of the Act wllh respect to
accounting records and preparallon of financial statements.
The financial slatemenls have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial stslerrienls wer& approved and authorized for i55ue by the Trustees and signed on their behalf by..
zmigielska Shanly
Tru51ee
Date..
3101 / go2(
The notes on paoes 15 to 33 form part of these financial statements.
Page 12

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
REGISTERED NUMBER: 08168311 (England and Wales)
CHARITY BALANCE SHEET
AS AT 31 AUGUST 2024
2024
2023
Note
Flxed assets
Tangible assets
Investments
11
12
88,148
126,071
88,150
.126,073
Current as¥ots
Debtors
13
731,257
1,295,894
1,621,932
265,848
Cash at b?nk an¢ in hand
2,027,151
7,887,780
Crédilors.. amounts f811ing due withln one
year
14
(1,426,338)
(1,429, 103)
Net current assets
800,813
458,677
Total assets less current liabSllties
688,963
584,750
Total net assets
688,963
584, 750
Charity funds
Unrestri¢led funds
15
688,983
584, 750
Total funds
688,963
584, 750
The Trustees aGknowledge their responslbililles for complying with the requirements of the Act with respect to
accounting records and proparation of financial slatem8nls.
Thè financial ￿tateMentS have been prep8red in accordance wilh the provisions appllcable to entltles SLtbject to
the Small companies regime.
The financial stalemenls were approved and aulhorised tor issue by the Tfustees and slgned'on thelr behalf by..
D Szmigielska Shanly
Date:
51cy1202¥
The notes on pages 15 10 33 form part of these financial slalements.
Page 13

BEECH LOD.GE SCHOOL LIMITED
(A company limited by guarantee)
CONSOLIOATED STATEMENT OF CASHFLOWS
FOR THE YEAR ENDED 31 AUGUST 2024
Note
2024
Cash flows from operatlng actlvltlos
Nel cash used in operating aclivilles
17
1,055,910
(86,620)
Cash flows from Investlng actlvltles
Purchase of tangible fixed assets
118,958)
(55,611)
Net ¢a3h Used In Intréstlng actlvltles
{18,958)
(55,611)
Cash flows from flnancing act5vllie$
Net cash provided by flnanclng actlvitles
Change In cash and cash equlvalents In the year
Cash and.cash equivalents at the beginning of the year
1,036,952
(142, 231)
435,839
293,60B
ash and cash equlvalents at th• end of the year
18
1,330,560.
293,608
The noles on Pages 15 10 33 form part of these financial slalemenls
P.age 14

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policies
1.1 Basis ol preparation of financial statements
The financial statements have been prepared in accordance w(th the Charities SORP {FRS 102)
Accounting and Reporting by Charitles-. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reportlng Standard applicable in the UK
and Republi¢ of Ireland (FRS 102). the Financial Reporting Standard applicabl8 Sn the UK and
RepubliG of Ireland (FRS 102) and the Companies Act 2006.
Beech Lodge School Limited meets the definition of a public benefit entity under FRS 102. Assels
and liabllities are inltially recognlsed al historical cost or transaction value unless otherwise staled In
the relevant accounting pollcy.
The Consolidated statement of flnancial 8CtSvitl8s (SOFA) and Consolidated balance sheet
consolidate Ihp financial statements of Ihe Group and its subsidiary undertaking. The rèsults of the
subsidiary are consolidated on a line by Ilne basis.
The Group has taken advantage of the exemption allowed under section 408 of the Companies Act
2006 ond has not presented Its own Slalemenl of financial actSvilies In thes8 financial stalemenls.
1.2 Company status
The Charity is a cornpany limited by guarantee. The members of the company are Ihe Trustees
named on page 1. In the event of the Charity belng wound up, the liability In respect of Ihe guarantee
is limited lo £1 per member ol the Charity.
1.3 Fund accountlng
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance ol the general objectives of the Group and ￿lch have not been deslgnaled for other
purposes.
1.4 Golng concèrn
The Trustees assess whether the use of going concern is appropriate. l.e. whether there are any
material uncertainties related to events or conditions that may cast significant doubt on the ability of
the charity to continue as a going concem. The Trustees make Ihis assessment in respect of a period
of at least 12 months from the date of authorisalion of the financial statements.
The charity has nel current assets of £600.813 at 31 August 2024, and together with budgets for the
following periods. the trustees do not consider there are any material uncertainties in respect of
going concern.
Page 15

BEECH LODGE SCHOOL LIMITED
(A company limlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting pollcies (continued)
1.5 Income
All income is recognised once the Charity has enlillemenl to the income. il is probable that the income
will be received and the amount of income re¢eivable can be measured reliably.
Donated 5ervice5 or facilities are recognised when the Charity has control over the item, any
conditions associated with the donaled item have been met, the receipt of Èconomic benefit from th.e
use of the Charity of the item is probable and that economic benefit can be measured reliably. In
accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not
recognlsed and.rèfer lo the Trustees, report for more information about their contribution.
On receipt, donated professional services and donated facilities arè recognised on the basis of the
value of the gift to Ihe Charity which is the amounl the Charity would have been willing lo pay to
obtain services or facilities of equivalent economic benefit on the open markel,. a corresponding
amount Ss then recognised in expenditure in the perlod of re¢èipi.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenanl Is
recognised al Ihe lime of the donalion.
Income tax recoverable in relation lo investment income is recognised al the lime Ihe investment
income is receivable.
Other income is recognised in the period in which it is receivable and lo the extent the goods have
been provid8d or on completion of the servicg.
1.6 Expenditure
Expendilure is recognised once there is a legal or conslruclive obli9alion lo Ironsfer. economic
benefit lo a third paty, 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 classified by
actlvity. The Costs of each activity are made up of the total of direct costs and shared costs,
inr.Iiiding support costs involved in undertakinq each activity- Direct costs attributable to a single
activity are allocated directly lo that a¢livily,
Charitable activities and Governance costs are costs incurred on Ihe Charity's operations, including
support costs and costs relating to the governance of the Charity apportioned to charilable aclivilies.
1.7 Tangiblefixed assets and depreciation
All assets costing more than £500 are capitalised.
A review for impairment of a fixed asset is carried out if event5 or changes in circumstances indicate
that the carrying value of any fixed asset may not be recoverable. Shortlalls be￿een the carrying
value of fixed assets and their recoverable amounts are recognised as impairments. Impairment
losses are recognised in the Statement of financial acbvities.
Page 16

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting poltcies (continued)
1.7 Tanglble flxed assets and depreclatlon (eontlnued)
Tangible fixed assets are carried al ¢osl, net of depreciation and any provislon for impairment:
Deprecialion is provided al rates ¢alculaled to write off the cost of fixed assets, 18ss Iheir estimated
residual value. over their expected useful lives oh the following bases..
Motor vehicles
Fixtures and fillings
Computer equipment
25% slraighl line
33 % straight line
250/0 slraighl line
1.8 Investments
Fixed asset investments are a forni of financial instrument and are initially recognised al their
transaction cost and subsequently measured al fair value al the Balance sheet date, unless the
value cannot be measured reliably in which case il is measured al cost less impairment. Investmenl
galns and losses. whether realised or unrealised, are combined and presented as 'Gainsl(Losses)
on investments. in the Consolidated stslement of finanGial activities.
Inveslménls in subsidiaries are valued 81 cost less provision for impairment.
1.9 Interest receivable
Inleresl on funds held on deposit is included when receivable and the amount can be measured
réliably by the Charity; this is normally upon nolification of the interest paid or payable by the Bank.
1.10 Operatlng leases
Rentals paid under operating leases are charged to the Consolidated ststement of financial activities
on a straight Ilne basis over the lease term.
Benefits recelved and recelvable as an Incentive to slgn an operating lease are recognised on a
straight lin8 basis over th8 period unlil the date the rent is expected to be adjusted to the prev8iling
market rate.
1.11 Debtors
Trade and other debtors are recognised al the settlement amount after any trade disÈount offerèd,
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.12 Cash at bank and In hand
Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturity
of three months or less from Ihe date of acquisition or opening of the deposit or similar account.
Page 17

BEECH LODGE SCHOOL LIMITED
(A company limlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 AUGUST 2024
Accountln# policies Icontinuedl
1.13 Llabilitles and provislons
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past.
event. il is probable that a transfer of economic benefit will be required in settlement, and the
amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the
Charity anticipates il will pay lo settle the debt or the amount il has recèived as advanced payments
for the goods or services it musl provide. Provisions are measur6d al the best estimate of the amounts
required lo settle the obli9alion. Where the effect of the lime value of money is material. the provision
is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects
the risks specifi¢ to the liability. The unwinding of the discount is recognlsed withln interest payable
and similar charges.
1.14 Financial instruments
The Group only has flnanclal assets and flnancial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised al Iransaclion value and
subseqLJenily measured al their seltlemenl value with the exception of bank loans which are
subsequently measured al amortised cost using lh6 effective interest method.
1.15 Pensions
The Group operates a deflned contribution pension scheme and the pension charge represents the
amounts payable by the Group to the fijnd In respect of the year.
Retirement benefits to employees of the School are provided by the Tea¢her's Pension Scheme
{'TPS'I. Thi5 is a defined benefit scherhe. contracted out of the Slate Earning5-Relaled Pension
Schemè {'SERPS'), and the assets are held separately from those of the Charity.
The TPS is an unfunded scheme and contributions are calculated so as lo spread the cost ofpensions
over employees, working lives wth the Charity in such a way that the pension cost 15 a substantially
levèl percentage of current and future pensionable payroll. The contributions are delerrnined by
thg Govemmenl Actuary on the basis of quinquennlal valucilioiis using a pr05peclive bencfit method.
As stated in note 22, the TPS is a multi employer scheme and the Charity is unable to identify ils
share of the underlying assets and liabilities of the scheme on a consistent and reasonable basis.
The TPS is therefore treated as a (iefine contribution scheme and the contributionsreGogni5ed
as they are paid each y8ar.
1:16 Intangible asset5 and amortisalion
Intangible assets are capitalised and recognised v4hen future economic benefits are probable and
the cost or value of the asset can be measured reliably.
Intsngible assets are initially recognised at cost. After recognition, under the cost model, intangible
asset5 are measured al cost less any accumulated amortisation and any accumulated impairment
losses.
Page 18

BEECH LODGE SCHOOL LIMITED
(A company limitpd by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policles (continued)
1.16 Intangible assets and amortisatlon {contlnugd)
Amortisation is provided on intangibl& as58t5 al rales calculated lo write off the cost of each asset on
a slraight-line basis over ils expected useful life.
The estimated useful Ilves are as follows..
Developmenlexpendilure
Trademarks
10 years
10 years
Critical accounting estimates and areas of Judgemenl
Estimates and judgements are continually evaluated and are based on hislorical experience and other
factors, including expeclglions of future 8venls that are believed lo be reasonable under the
ircumstances.
Crltical accounting esllmales and assumptions..
The Charity makes eslimales and assumptions concerning the future. The resulting accounllng estimates
and assumptions will, by definition, seldom equal Ihe related actual results.. The estimates ané assumpiions
that have a significant risk of causing a material adjuslmenl to the carrying amounlF of assets and liabilities
within the next financial year a￿ discussed below.
The Trustees do not consider there to be any critical accounling estimates or judgments used in
preparing the financial statements.
Income frorn charitable activitles
Unrestritted
funds
2024
Total
funds
2024
Tolal
funds
2023
Fee5 receivable
3,830,837
3,830,837
3,395,559
Tol812023
3,395,559
3,395.559
Page 19

BEECH LODGE SCHOOL LIMITED
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Income from other trading gctivities
Incomè from non charitable tradlng actlvlties
Unrestricted
funds
Total
funds
1024
fund&
2Q23
Income from trading subsldiary
1,605
1,605
2,835
Tot812023
2,835
2,835
Analysis of expenditure on charitable
ctivStie5
Unrestricted
funds
2024
Total
2024
Total
2023
Provlsion of education
3,728.874
3,728,874
3,941,665
rotal 2023
3,341,665
3.341,665
Page 20

BEECH LODGE SCHOOL LIMITED
(A company limited by guorantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 AUGUST 2024
Analysis of expenditure.tyy activiti¢s
Actlvitie$.
Undertaken
dIre￿[Y
2024
Support
costs
2024
Total
funds
2024.
Tolal
Provlsion ot education
2,868,438
860,436
3,728,874
3,341,665.
2023
2,557,316
790,349
3,341, 665
Analysls of direct costs
Total
funds
2024
..rolal
funds
2023
Wages and salaries
D¢precialion
Staff development
Èducaliortal consultan¢y
Educational supplies
Speech th¢rapy arid consullancy
2,306,122
58,757
34,184
392,009
75,659
3,707
2,032,601
50,893
32.065
327,850
99,311
8,596
2,86è,438
2,551,316
Page 21.

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR TfrIE YEAR ENDED 31 AUGUST 2024
Analysis of.oxpendilura by activitigs {co.ntinyed}
Analysis of support. costs
Total
funds
2024
Tolal
2023
Wages and salaries
Staff development
Technology costs
Maintenance ofpremisqs and equipment
Rent and rates
Administrative supplies
Legal and professional
Insurance
Other support costs
353,550
10,283
27,271
45,482
255,288
29,850
40,006
32,055
237,996
9,805
36,927
68, 750
226, 790
23,$93
25,514
40,414
120,560
860,436
790,349
Auditors. remuneration
2024
2023
Audit
Non-audit services
12,500
2,250
14,000
2,070
14,750
16,070
Staff costs
Gtoup
2024
Charit
2024
hèrify
2023
2023
Wages and salaries
.Social security costs
Oiher pension costs
2,134,384
207,616
317,672
1,843,619
175,048
251, 930
2,134,384
207,616
317,672
1,843.619
175,048
251, 930
2,659,672
2,270,597
2,659.672
2,270,597
Page 22

BEECH LODGF SCHOOL LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Staff ¢05ts (continuéd)
The avèrage number of pèrsons employed by the Charity during the year was as follows-
Group
2024
Group
2023
Charity
2024
Chanty
2023
Edu¢atlon
66
62
66
62
The number Of employees whose employee benefits (excluding employer penslon costs) exceeded
£80,000 was:
Group
2024
Group
2023
No.
In Ihe band £60,001- £70.000
In the band £70,001- £80,000
In the band £80,001- £90,000
In the band £90,001- £100,000
The key management personnel of the charitable company are th8 Principal and Headteaching group;
The total amount of employee beneflls (Includlng employer natlonal insurance and pension contrlbulions)
received by key management personnel for their services was £433,.225 (2023: £305,752),
Trusteea, remuneratlon and expènses
During the year ended 31 Augusl 2024, no Tnjstee expenses have been incurred (2023- £NIL).
Page 23

BEECH LODGE SC'AooL LIMITED
(A company limited by guarantee)
NQTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024.
10.
Intangible assets
Group
Development. Tradematk&
Al 1 September 2023
8,428
3,806
At 31 August 2024
8,428
Amortlsatlon
At 1 September2023
Char9e for the year
2,155
380
6,932
1,223
843
Al 31 August 2024
5,620
2,535
8,155
Net book value
Al 31 August 2024
2,808
1,271
4,079
.A't 31 Augusl 2023
3,651
1,651
5,302
P8ge 24

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
11.
Tangible fixed assets
Group
Motor Flxtures and
vehicles
fittings
omputer
equipment
Total
Cost or valuatlon
At 1 September 2023
Additions
10,450
227,706
6,939
160,811
12,019
172,830
398,967
18,958
Al 31 August 2024
10,450
234,645
417,925
Depreclatlon
At 1 September 2023
Charge for the year
At 31 August 2024
5,638
2,613
125,892
35,886
161,778
123,849
21,302
145,151
255,379
59,801
8,251
315,180
Net book value
Al ?1 August 2024
2,199
72,867
27,679
102,745
Al 31 Augusl 2023
4,812
101,814
36,962
143, 588
Page 25

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
NQ,TES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
11. Tangible fixed assets (continued)
C-harlly
Motor Flxtures and
Cornputar
vehicles
fittings equipment
Total
Cost or valuation
At 1 Sepiember2023
Additions
10,450
198.510
6.939
160,811
12,019
172,830
369,771
18,958
388,7.29
At 31 August 2024
10,450
205,449
Depreciatlon
Al 1 September 2023
Charge for the year
Al 31 August 2024
5,638
2,613
114,213
32,966
147,179
123,849
21,302
145,151
243,700
56,881
8,251
300.581
Nét book value
At 31 August 2024
2,199
58,270
27,679
Al 31 Augusl 2023
4.812
84.297
36,982
126,071
Page 26

BEECH LODGE.SCHOOL LIMITED
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Fixed asset investments
Ipvestments in
subsidiary
companies
Charity
Cost or valuatioD
At 1 September 2023
,Al 31 August 2024
Princlpal subsidiarles
The following was a subsidiary unde'rtalsing of the Charity;
Name
Company Hol¢lng
numbe'r
Included In
consolidation
Beecb Lodge School Services Limlted
7863609.
10001,
Yes
the fin8nclal ￿S￿lIS of the subsidla,ry for th8 year were..
Namé
Incomé
Expenditure
Loss for
the year
Net
{liabilities)
Beech Lodge School gervicég Limited
(13,007)
(11,4041
(110,882)
Page 27

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
13. Debtors
Group
2024
Group
2023
Charity
2024
Charity
2023
Trade debtors
Amounts owed by group
Other debtors
Prepayments and accrued Income
564,393
1,470,546
564,393
136,994
5,804
24,066
731,257
1.466,237
134, 744
5,811
24,086
594,270
20,951
20,951
1.621,932
1.491,497
14. Creditors: Amounts falllng duo wlthln one year
Group
2024
Group
2023
Charity
2024
Charity
2023
Trade creditors
Amounts owed lo related partles
Other 18xalion Snd social security
Other creditors
Accruals and deferred income
65,772
10,165
52,956
66,106
1,258,576
78,562
61,675
74,464
49, 753
55,290
1,265.120
52,956
64,968
1,246,739
49,612
54,152
1,250,875
1,453,575
1,448, 725
1,426,338
1,429, 103
Group
2024
Group
2023
Charlty
2024
Ch8rity
2023
Defer￿d income at beqinninq of Deriod
Resources deferred durlnq the period
Amounts released from prevlous periods
1,235.205
1,145,339
1,235,205
1,145,339
1,231,240
1,235,205
1,231,240
1.235. 205
(1,235,205) (1, 145,339) {1,235,205) {1, 145,339)
1,235, 205
1,231,240
1,235,205
1,231,240
Deferred income arise5 gs a result of the Chadty invoicing term fees in advance.
Page 28

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
15. Statement of funds
Statement of funds - current year
Balance at 1
September
2023
Balance at
31 August
2024
Income Expenditure
Unrestrlcted filnds
ReseNes
Trading subsidiary
584,750
199,4801
3,830,838 (3,726,625)
688,963
1,605
(13,009) (110,884)
485,270
3,832,443 13,739,634)
S78,079
Statomant of funds- prlor yaar
Balance at
I Septemb8r
2Q22
8818nce 8t
31 August
2023
Incom8 E¥pendllure
Unrestrlctod funds
Reserves
Tradin) subsidiary
528,606 3,395,559 13,339,415}
190.995)
2.835
(11,3201
584,750
199,4801
437,611
3,398,394 {3,350,7351
485,270
16: Analysis of net assets between lunds
Analysis of net assets between funds - current year
Unrestricled
Funds
2024
Total
funds
2024
Tangible fixed assets
Intangible fixed assets
Current a55els
Creditors duè within one year
102,74S
102,745
4,079
4,079
1,924,830
1,924,830
{1,453,5751 {1,453,5751
Total
578,079
578,079
Page 29

BEECH LODGE SCH.OOL LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
18. Analysls of cash and cash equivalènts
Group
,2024
Group
2023
Cash in hand
1,330,560
293,608
Tptal cash and cash èquivalents
1,330,560
293,608
19. Analysls of changes'in net debt
S8pternbpr
At31
2023 Cash flows August 2024
Cash al bank and in hand
Debt due wlhin 1 year.
293,608
{75,000)
1,036,952 1,330,560
(75,000)
218,608
1,036,952 1,255,560
P8ge J1

BEECH LODGE SCHOOL L'IMITED
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
20.
Ponslon commitments
Teachers. Pension Scheme Introduction
The employers, pension costs paid to the Teachers, ,Pension Scheme {TPS or scheme) in the year
amounted to £317,672 (2023., £251.9301.
The TPS is a statutory, unfunded, defined b8nefil occupational scheme, governed by the Teachers.
Pension Scheme Regulations 2014. Membership is automatic for full-lime teachers and leCtu￿r$ and. from
1 January 2007, automatic too for teachers and lecturers in part-time employment following appointment
or a change of contract. Teachèrs and lecturers are able to opi out of the TPS following enrolmenl.
The TPS is an unfunded scheme to which both the member and employer makes contributions, as
percentage of salary - these contributions are Grediled lo the Exchequer. Retiremenl and other pension
benefits are paid by public funds provided by Parliament.
Valuation of Teachers. Pension Scheme
The Government Actuary, using normal actuarial principles, Gonduct5 a formal actuarial review of the TPS
in accordance with the Public Service Pensions (Valuations and Employer Cost Cap) Directions 2014
published by HM Treasury every 4 years. The aim of the review is to ensure scheme costs are recognised
and managed approprlalely and the review specifles the level of future contributions.
Actuarial scheme valuations are dependent on assumptions about the value of future costs, design of
benefits and many other factors. The latest actuarial valuation of the TPS was carried out as al 31 March
2020. The valuation report was publSshed by the Department for Education on 27 Oclober 2023, with the
SCAPE rate, sel by HMT, applylng a notional Inveslmenl return based on 1.7•/D above the rate of CPI. The
key elements of the valuation outcome are:
Employer conlribulion rates set al 28.68Vo of pensionable pay (including a 0.080/0 admlnislratlon
levy}. This is an increase of 50/0 in employer contributions and the cost control result is suGh that
no change in member benefits is needed.
Totsl scheme liabilities {pensions Cur￿ntIY in payment and the estimated cast of future benefits)
for seNice to the effective dale of £262,000 million and notional assets {estimatpd fuliire.
conlributs'ons together wilh the notional investments held al the valuation date) of £222,200 million,
giving a notional past service deficit of £39,800 million.
The result of this valuation will be implemenled from 1 April 2024.The next valuation result is due to be
irnplemented from 1 April 2028.
A copy of the latest valuation report can be found by following this link lo the Tedchers, Pension Scheme
website:
hllps'.Ilww.leacherspensions.co.uklnewslemployers1201910411eachers-pensions-valualion-
report.a5PX.
Under the definitions sel out in FRS 102, the TPS is 8n unfunded inulti*mployer pension scheme. The
charity is unable to identify its share of the unéerlying assets and liabilities of the plan. Accordingly. the
charily has taken advantage of the exemption in FRS 102 and has accounted for ils contributions to the
scheme as if ilwere a defined contribution sGheme. The charity has set out above, the information avallable
on the scheme.
Page 32

BEECH LODGE SCHOOL LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
21. Operatlng lease commitments
Al 31 Augusl 2024 the Group and the Charliy had cothmilments to make future minimum lease payments
under non-cancellable operating leases as follows-.
Group
2024
Group
2023
Charity
2024
Charity
2023
Not later than 1 year
L81er than 1 year and not later than 5 years
33.000
198,OCrf)
33.000
33,000
198,000
33,000
33,000
231,000
33,000
231,000
22. Related party transactions
M Shanly is husband ofD Szme¢gielska Shanly and a direclorof Shanly Homes Limited lo which Beech Lodge
School Limited pald £708 (2023.. £3.093) in the year for mainlenan¢e and other costs. Al the balance sheet
dale £11912023.. £Nil) was payable to Shanly Homes Limited.
M Shanly is a Dlreclor of Beech Lodge Propèrties Llmited lo which B8ech Lodge School LimSled paid
£198,00012023.' £198,000) in the year for rental of property and £33712023.. £10,998} in the current
year for insurance and other expenses. At the Balance Sheet dale £41412023: £648) was owed lo 8eech
Lodge Properties Limited.
D Szmeigielska Shanly and L J R Barnes are controlling directors of Apprenticeshop CIC. The charity holds
funds on behalf of the Community Interest Company. An amount of £4,708 {2023.' £Nil) is included wilhin
other debtors.
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