REGISTERED CHARITY NUMBER: 1169320
TRUSTEES, REPORT AND
AUDITED FINAN
ATEMENTS
THE YEAR ENDED 31
LAW FAMILY EDUCATIONAL TR
Shaw Gibbs (Audi() Limi(ed
Chartered Certifi¢d Accountants
Statutory Auditor
25 St Thomas Street
Winchester
Hampshire
S023 9HJ

LAW FAMILY EDUCATIONAL TRUST
CONTENT
HE
OTr THK FINANCIAL STATEMENT
20
Page
Referenee #nd Admini51rMtive Details
Tn•stees' Reporl
2 to 3
S¢a¢ement of Trustees, Responslbllltles
Report of the Ind¢ptnden¢ Audlto
Statement of Fln4nclal Aetlvllles
Statement of Financlal Posltlon
St4¢¢ment of CAsh Flowi
10
Not¢s to the St&¢ement of Cish Flows
Nolt8 to the Financlil Statements
12 to 16
Det*iled Statement of Flnanclal Actlvltl

LAW FAMILY EDUCA TIONAL TRUST
REFERENCE AND ADMINISTRATIVE DETAIiS
FOR THE YEA
31￿ AUCU
T 2024
TRUSTEES
P Moss
P Mould
AELaw
PRINCIPAL ADDRESS
20 Carlton House Terrace
2nd Floor
Lorldon
SWIY5AN
REGISTERED CHARITY
NUMBER
1169320
AUDITORS
Shaw Gibbs (Audit) Limiied
Chartered Certified Accouni&nts
Slalutory Audilor
25 St Thomas Sire¢t
Winchesler
Hampshire
S023 9HJ
Page I

LAW FAMILY EDUCATIONAL TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31ST AU
UST
The trustees preseni iheir report wilh the financial stalemenls of ihe ¢harity f¢y the year ended 3 1st August 2024. The
trustees have adopted the provisions of Accountin8 and Reportin8 by Charities: Sialemenl of Recommended Praeiiee
applicable to charities preparing their accounts in accordance with ihe Financial Reportin8 Standard applicable in the
UK and Republic of Ireland (FRS 102) (effeciive l January 2019).
The financial statements have been prepared to give a 'true and fairf view and have departed from the Charities
(Accounts and Reports) Regulations 2008 only lo the extent required io provide a Irue 2nd faif view. This departure
has involved following Accounling and Reporting by Charilies preparing their accounts in accoTdance wilh the
rinoncial Reportin8 Slandard applicable in the UK and Republic of Ireland (FRS102) issued in October 2019 rather
than the Accounting and Rep)rting by Charities,, Statement of Recommended practice effeclive from Isl April 2005
which has sin¢e been withdrawn.
OWECTIVES AND AcfiviTIES
Objectives and Aims
The objcclive of the Trust is to advathee education and training in the United Kingdom by sponsorin8 and funding
schools, hi8her educalional enlilies, edu¢ational programmes* projects and facilities and lo advance amateur sports to
those in education.
Publlc benelli
Th¢ Truslees ¢onfinn Ihal they have taken a¢￿Unt of the Charity Commission's general 8uidance on public benefit. The
Law Family Edu¢ational TTU$t provides funding and supp)rt to schools and higher educational entities, educational
pro8rammes, projects and facilities.
ACHIEVEMENT AND PERFORMANCE
ChAritAble aetivities
Thc Laurus TNst is Ihe principal beneficiary of the Charity. This Is a Multi A¢ademy Trust headquartered in Che&dle
Hulme near Manchester. It en¢ompa55es the 4-18 a8e ran8e in primary, secondary and sixth fomi conlexls across
Greater Manchesler. It has an ambitious program of growth.. three brand new free schools opened in September 2018,
further Iwo schools in Seplember 2019 and a further primary fre¢ school opened in September 2022. With the addition
of this school the Trust has supported 16 schools in the 2023-24 Academic Year.
Grants lotallin8 £2.805.330 were made in Ihe year of which £2,618,430 were mad¢ to The Laurus Trust,
Multi-Academy Trust that runs academies in Stockport and surroundin8 area.
Grants made supported a) capital developments across ihe Trust ond b) support programs ihat enrich and extended
pupils, experienee at $¢hool. Th¢s¢ in¢lud¢:
Culture, Creaiivity and Rhetoric;
- Spoken Languag¢lOra¢y;
Sportin8 Excellence.
A grant of £63,900 was awarded to the Edu¢altonal Policy Instilute for the research project "Degree Apprenli¢¢ships:
Supply & Demand".
FINANCIAL REVIEW
Finintial position
Ai 31 st August 2024 ihe charity had nel a deficit in funds of £2,959,898. A Law (Irusttt) continues to support the
charity by makin8 donations from the Law Family Chariiable Foundalion to ensure funds are suffi¢ient to cover all
¢ommittcd and future ¢xpendilure.
Prineipal funding sources
The charity is wholly funded by ¢he Law Family Charitable Foundation.
Pa8e 2

LAW FAMILY EDUCATIONAL TRUST
TEES, REPORT
R THE YEAR ENDED 31
24
FINANCIAL REVIEW
Reserves policy
It is the policy of the Trust to maintain the free r¢s¢rves of the Trust a¢ a level to provide sufficient fund5 lo cover
management, administralion and support costs.
FUTURE PLANS
The Charity will continue to support the Laurus Trust by ensurin8 pupils in all ils gchools can benefit from (he existing
program5 described above.
Trustees will ￿nSider making additional charitable donations to Ihe Laurns Trust as appropriate. These may include
the development of a Music Excellence program and scholarships Io sUPPOrt graduates from the Laurus TTust lo access
Higher Education opportunilies.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governin% document
The ¢harity is a charilable incorporal¢d organisation and its powers are set out in ils Constitution.
Reeruitment and Appolntment ol new trustees
The Trusiees of the charity are listed on the infonnation pag¢. New Trustees may be appointed by the settlor or
exisling Trustees. In appointing new Trustees the settlor or Trnstees will lake into account the benefits of appointing a
Pe￿On who is able by virtue of his or h¢r personal or professional qualifications to make a coniribulion lo the pursuit of
the objects or management of the Ch&rity. The Constitution provide5 for a minimum of three and maximum of 12
Iruslecs. The Trusl¢¢s meel al least three limes a year io receive reports from its beneficiaries and discuss and
implement policy. Decisions are madc by a 5impl¢ majori¢y of votes cast al a me¢tin8.
Risk rnanagement
The Trustees havc carried out a view of ihe Charity's activities and the ri$k$ io which it is exposed and confirni thal
controls are in plaee to mitl8ate those risks.
29th June 2025
Approved by order of the board of trnslees on ... .......................,...,.,.....,...,. and signed on its behalf by:
A Law - Twste¢
Pagc 3

LAW FAMILY EDUCATIONAL TRusr
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR EN
AU
The trustees are responsible for preparing ihe Trustees, Report and the financial staiements in accordance with
applicable law and United Kingdom Accountin8 Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charilies in England Y4nd Wales, the Charities Act 2011, Charity (Accounts 2nd Rep)rts)
Regulations 2008 and the provisions of the trust deed requires ihe tNstees lo prepare financial slalements for each
finan¢ial year which give a true and fair view of th¢ stale of affairs of the charity and of the incoming resources and
applicalion of resources, including the income and expenditure, of the charity for that period. In preparing those
financial Statements, the trustees are required to
select 511itable accovnling policies and then apply them consistently;
observe the methods and principles in the Charity SORP;
make judgements and estimates thal arc reasonable and prudent,
slate wheiher applicable accounlin8 slandards have been followed, subject to any mat¥Yi&l departures disclos¢d and
explained in the financial slatements;
prepare the financial statemenis on the going Concern basis unless it is inappropriate to presume thftt the charity will
continue in business.
The Irusiees are responsible for keeping proper accountin8 records which disclose with reasonable ac¢ura¢y al any lime
Ihe financial position of ihe charity and io enable them to ensure ihal th¢ financial slatements comply wilh ihe Charities
Act 2011, the Charity (Accounts and Reports) Re8ulalions 2008 and ihe provisions of the trust deed. They are also
r¢sponsibl¢ for saf¢guarding the 8ss¢ts of ihe charity and hence for taking reasonable steps for the prevention and
deleclion of fraud and other irregularilies.
PaB¢ 4

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
LAW
Y EDUCATIONAL TRUST
Opinion
We hav¢ audiled the flnancial statements of Law Family Educalional Trust (the 'charity') for ihe year ended
3 Isl August 2024 which comprise the Siat¢m¢nt of Financial Activities. the Stalement of Financial Posilion, the
St21ement of Cash Flows and notes to the financial statements, in¢luding a summary of significant a¢￿UntIng policies,
The financial reportin8 framework ihat has been applied in their preparation is applicable law and United Kingdom
Accoun¢ing Siandards {Unit¢d Kingdom Generally Accepted Accounting Practice).
n our opinion th¢ financial slatements..
8ive a tru¢ and fair view of ihe stale of the charity's affairs as a13 Isl Au8USt 2024 and of ils incoming resources and
pplication of resources. for the year Ihen ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accountin8 Pr&ctice' and
have been prepared in a¢cordance with the requirements of the Charities Act 2011,
Blsls for op5nlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibililie5 under those standards are further described in the Auditors, r¢sponsibilili¢s for the audit of the
rinancial st8l¢ments section of our report. We are independent of the charity in accordance wilh the ethical
requirements that are relevant to our audit of th¢ financial slalements in Ihe UK, including ihe FRC'S Ethical Standard,
and we have fulfilled our olher ethical responsibilili¢s in a¢¢ordance with these requirements. We believ¢ that the
audit evidence we have obtained is sufficient and appropriate io provtde a basis for our opinion.
Coneluslon8 relating to going concern
In auditing the financial slatem¢nts, we have concluded that the trusttts, use of ihe going concern basis of accounting in
Ihe preparation of th¢ financial stalements is appropriate.
Bas¢d on Ihe work we have perfomied, w¢ have not identified Any material uncertainlies relating to events or conditions
that, individually or ¢olleclively* may cast $18nifi￿nl doubt on the charity's Ability lo conlinue as a 80in8 concern for a
period of at least twelve months from when ihe fin4n¢ial slatements are aulhorised for issue.
Our respon5ibililies and the responsibilities of the truslees with r¢sp¢¢¢ to going ¢on¢ern are d¢s¢rib¢d in th¢ relevant
se¢lions of this report.
Other informatlon
The trustees are responsible for the other infornialion. The other information comprises ihe inforniation included in the
Annual Report, other than the financial siatem¢nts and our Report of the Independenl Auditors Ihereon.
Our opinion on the financial slalemenls does not cover ihe other inforniation and, ex¢¢pt to the extent otherwise
explicitly slated in our report, we do not express any fornb of assurnnce conclusion thereon.
In eonneclion with our audit of the finan¢ial siaiements, our respon5ibilily is to read the other information and, in doing
so, wnsid¢r whether the other info￿￿(10n is rnaicrially inconsistcnt with thc financial statemcnts or our knowledge
obtAined in the audit or oiheTWiSe appears lo be materially misslated. If we identify such material inconsislencies or
apparcnl maleriol misstatements, we are required to delerniine whelher Ihis gives rise to a material misstatement in ihe
financial slaternenls themselves. If, based on the work we have performed, we conclude thal there is a material
missiatemeni of this other infonnalion, we are rwuired io report that facl. We have nolhing to report in this regard.
Matters on whieh we ire required to rep)rt by exeeption
We have noihing lo report in respeci of ihe followin8 matters wh¢re the Charities {A¢wunts and Reports) Re8ulations
2008 requires us to report to you if. in our opinion:
Ihe infomlalion given in Ihc trustees Report is inconsisl¢n¢ in any malerial respect with the financial slal¢m¢nls' or
sufficient accountin8 records have noi been kept. or
the financial statements are not in a8reement with the accounling records and reiurns: or
we have not received all the infornialion and explanations we require for our audit.
Page 5

REPORT OF THE INDEPENDE]YT AUDITORS TO THE TRUSTEES OF
LAW FA
ILY ED
Tl
LTR
Responslbllltles of trustees
As explained more fully in ihe Statement of Trustees, Responsibilities, Ihe trustees are r¢sponsibl¢ for th¢ preparalion of
Ihe financial slalements which give a tlue and fair view. and for such inlemal control as the trustees detern)ine is
necessary lo enable lh¢ pr¢parntion or rinancial stitem¢nl$ ihat are free from rnaterial misslalemenL wheiher due to
fraud or error.
In preparing lh¢ financial slatements, the truslees are responsible for assessing the ¢harity's ability lo continue as a
going concern, disclosin8. as applicable. matters related 10 80in8 concern and usin8 ihe 80in8 concern b&5is of
accounting unless the trustees eiihcr intend to liquidate the charity or to cease operations, or have no rcalistic alternative
but lo do so.
Our responslbllltles for the audlt of the financlal staternents
We have been appointed as audiiors under Section 144 of the Charities Act 2011 and report in acwrdance wilh ihe Act
and relevant regulations made or having effect thereunder.
Our objeclives are lo oblain reasonable assurance about whether the fJnan¢ial statements as a whole are free fTh)m
malerial misstatemenl, wh¢lher due to fraud or error, and to issue a Rcport of the Indepcndent Auditor5 that includes
our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an oudil conducted in
accordance with ISAS (UK) will always deteci a malerial misstatement when it exists. Misstatements can arise from
fraud or error and &re con5idcred malcrial if, individually or in the aggre8ate, they could reasonably be expected to
influence the economic decisions of users taken on Ihe basis of these financial slatemenis.
The exlent to which our procedures are ¢apablc of delecling irre8ul&ritie5, includin8 fraud is detailed below..
Becausc of the inherent limitations of an audit, Ihcre 15 a risk that we will not detect all irr¢gularities, in¢luding thos¢
leading to a malerial missiatemeni in Ihe financial siaiements or non-compliance with re8ulation. This risk in¢reases
Ihe more thal compliance wilh a law or regulalion is removed from the events and transactions reflected in the financial
stat¢m¢nls. as we will be less likely to become aware of instances of non-compliance. The risk is also greater regardin8
irregularities occurring due to fraud rniher than error. as fraud involves intentional ¢oncealment. forgery, collusion,
omission or misrepresenialion.
We obtsined an undersianding of thc legal and regulatory framework applicable to the Charity via discussions with Ihe
tru5tce5 and our previous knowledge of Ihe charity. 'fhis identified that the mosl significani laws and regulations relale
lo ihe form and content of ihe financi&l siaiemenls such as ihe Charitie5 Act 2011, (h¢ Charities SORP (FRS 102) and
Financial Reporting Standard 102. The charity complies with theie laws and re8ulations by using appropriately
qualified professionals lo prepare the financial Matemenls.
As part of our planning pro¢ess we assessed susceptibility of the charity's financial slalemenls to material
mis51alemenls, including how fraud mighi occur by making an assessment of Ihe key risks. The key risks identified in
respccl of The Law Family Educational This( is revenue rewgnition and eligibiliiy of charitable 8iving. The trustees
confirmed no aclual, suspected or alleged cases of fraud.
Based on this asscssment we designed our audit procedures to address these key risk areas with an emphasis on testin8
Ihe income and charitable donations made.
A further description of our responsibilities for the Audit of ihe financial statements is located on the Financial
Reporting Council's website al www.frc.org.uklaudilorsresponsibilities. Thi5 description fo￿5 part of our R¢kx)rt of lh¢
Indepcndenl Audttors.
Pa8e 6

REPORT OF THE INDEPENDENT AUDITORS TO THE TRusfEES
LAW FAMILY EDUCATIONAL TRUST
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance wiih Part 4 of the Chartties (Accounls and
Reports) Regulalions 2008. Our audil work has been undertaken so ihat we mighi slate to the charity's Iruslees Ihose
matters we are required lo state to them in an audilors, report and for no other purpose. To th¢ fullest extent p¢nTrilled
by law. we do not accept or assume responsibility to anyone other than the charity and the charity's Iruslees as a l)ody.
for our oudil work, for ihis report, or for the opinions we have formed.
Ctwj
Shaw Gibbs (Audil) Limiled
Chartered Certified Accountants
Eligible to act as an auditor in ternis of Section 1212 of the Companies Ad 2006
StatU￿ry Audilor
25 St Thomas Street
Winchester
Hampshire
S023 9HJ
Page 7

LAW FAMILY ED
ATIONAL TRUST
srATEMENT OF FINAN
IALA
TIVITI
FOR THE YEAR ENDED 31ST AUGUST 2024
2024
Unrestrieted
fund
2023
Total
funds
as restated
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
3J24,87S
1,758,081
Investment in¢om¢
Total
26
1758 081
EXPENDITURE ON
Ch4rit*ble ae¢ivitie5
Educalion and training
6 328 236
NET INCOMEI(EXPENDITURE)
SIOJ57
(4.570,155)
RECONCILIATION OF FUNDS
Tot41 funds brou£ht forwArd
As previously reported
Prior year adj'uslmenl
(646)
09
970,700
129000
As restated
(3,470,4SS)
1.099,700
TOTAL FUNDS CARRIED FORWARD
98
The notes fonn part of these financial slalements
Page 8

LAW FAMILY EDUCATIONAL TRUST
STAT
OF FINAN
1ST AUGUST 2024
IALP
ON
2024
Unres¢ri¢ted
fund
2023
Total
funds
as restaled
Notes
CURRENT ASSETS
Debiors
Cash at bank
12
1.082
35,419
3,254
CREDITORS
Amounts falling due within one year
13
(2,995J17) (3.473.709)
NET CURRENT ASSETSI(LIABILITIES)
TOTAL ASSETS LESS CURRENT
LIABILITIES
(2,959098) (3,470,455)
NET ASSETSI{LIABILITIES)
FUNDS
Unrestricted funds
14
TOTAL FUNDS
The financial slalements were approved by the Board of TNslees and authorised for issuc on
29th JurKry 2025
. and were signed on its behalf by:
A Law- Trustee
The notes fomi part of these financial slalements
Page 9

LAW FAMILY EDUCATIONAL TRUST
ATEMENT OF CASH F
FORT
YE
REND
D 31ST AUGUST 2024
2024
2023
os restated
Notes
CAsh flows from operating actlvltles
Cash generaied fTom operaiions
1373 428)
Net cash provided byl(used in) operating activities
1373 428)
CAsh flows from invesilng acilvitles
Interesi received
Nel cash provided by investing 8¢tivilies
ChAnge In cash and cAsh equ&vAlenli In
the reporting period
Cash And eAsh equlvllents 91 the
beginning of the reporting per5od
33,247
(1,373,428)
1375 600
Cash •nd tjih equivalents 41 the end of
the reportlng perlod
The notes fonn part of these financial stalements
Page 10

LAW FAMILY EDUCATIONAL TRUST
OTES TO THF STATEMENT OF CASH F
YEAR ENDED
UGUST 2024
RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM
OPERATING ACTIVITIES
2024
2023
as restaied
Net incomel(expenditure) for the reportlng perlod (as per the
SIAtement of Finan¢lal Activities)
Adjustments for:
Interest received
De¢reasel(increase) in debtors
(tkcre&seyincrease in creditors
510W7
(4,570,155)
(2,001)
1,082
478
92
(1,082)
3 197809
N¢t ¢gih provided byl(used In) operntions
1373 428)
ANALYSIS OFCHANGES IN NET FUNDS
Al 1,9.23
Cash flow
At 31.8.24
Net cash
Cash at bank
Tolal
Ihe notes form part of these financial statements
Pa8e 11

LAW FAMILY EDUCATIONAL TRUST
THE FINANCIAL STATEMENTS
R THE YEAR E
STATUTOR Y INFORMATION
The Law Family Education81 Trnst is a charity regislered in England and Wales. The Charity's registered number
and registered address can be found in the Trustees. Report.
ACCOUNTING POLICIES
Accountlng conventlons
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordance with Ihe Charities SORP (FRS 102) 'Accounting and Reporting by Charili¢s: Stalement of
Recommended Practice applicable to chwities preparing their accounts in accordance with th¢ Financigl
Reporting Standard applicablc in the UK and Republic of Ireland (FRS 102) (cffective l January 2019),,
Financial Reporting Siandard 102 'The Financial Reporting Siandard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost
convention.
The financial slalements have been prepared lo give a 'true and fairf view and have departed from the Charities
(Accounts and Report5) Regulalions 2008 only to the extent r¢quir¢d to provide a and fail view, This
departure has involved following Accounting and Reporting by Charities preparin8 their accounts in accordance
with ihe Financial Rcporting Slandard applicable in the UK and Republic of I￿19nd (FRS102) issued in October
2019 rather than Ihe Accounting and Re￿rtIng by Charities.. si8lem¢n¢ of Recommended practice cffcclive
from I st April 2005 which has since been wiihdrawn.
Ineome
All income is recognised in the Statement of Finan¢ial A¢iivilies once the Charity has enlillement to the funds. it
is probable that the income will be received and the amount can be measured reliably.The charity is wlK*IIy
funded by ih¢ Law Family Charilable Foundation , a charity in which Andrew Law is a iThstee.
Expendlture
Liabilities are re¢o8nised as expenditure as soon As there is a legal or constructive obligation committing the
charity to that expenditure, it is probable Ihal a transfer of economic benefits will be required in settlement and
the amount of the obli8ation can be measured reliably. Expenditure is accounted for ¢)n an accruals basis and has
b¢¢n classified under headings that a88regale all cost related to the eategory. Where costs e&nnot be direcily
attribuled to parti¢ular headings ihey have been allocaled to activilies on a basis consistenl with the use of
resources.
Granls offered subject io conditions which have noi b¢¢n met at the year end date are noted as a commitment bul
not accrued as expenditure.
TaxAtlon
Th¢ Charity is exempt from lax on its charll8bl¢ a¢livilies.
Fund aeeountlng
All funds held by ihe charity awe unrestricted general funds which can be used in accordanee with the charitable
ObJ￿I1VeS at the discretion of the Truslees.
Going concern
The trustees consider thai there are no material uncertainties about the Charity'5 abilDty lo continue as a going
concern.The accounts have b¢¢n prepared on a goin8 concem basis. on the understandin8 (hat The Law Family
Charitable Foundaiion will conlinue to financially supp)rt the charity for the for¢seeable future. The L4w
Family Charitable Foundation and The Law Family Educational Trust are IM)th supported by the Trustee,
Andrew Law. Andrew Law has wnfirmed that h¢ will continue Ihis support for the foreseeable futur¢.
Page 12
continued...

LAW FAMILY EDUCATIONAL TRUST
NOTE
FINANCIAL STA TEMENTS- continued
OR THE YEAR ENDED 31ST AUGUST 2
24
DONATIONSAND LEGACIES
2024
2023
as reslaled
Donalions
Gift aid
3J24,SOO
375
1,757,000
1758 081
INVESTMENT INCOME
2024
2023
as restated
Deposit account interest
CHARITABLE AcfiviTIES COSTS
Grant
fundin8 of
activities
(see note
Direct
Costs (see
note 6)
Support
Costs (See
nole 8)
7)
Totals
Education and Irainin8
2 618430
186 900
10989 ￿19
DIRECT COSTS OF CHARITABLE ACTIVITIES
2024
2023
as reslaled
Dontlions to the Laurus Thjsl
Provision of other educalional Krvices for ihc Lauru5 TNst
2J83,630
6.233,211
2 618 430
6268011
GRANTS PAYABLE
2024
2023
as restated
Education and training
186 900
The total grants payable to institutions in ihe year was as follows:
31.824
31.8.23
Education Poli¢y Instiluie
149 000
Pa8e 13
continued...

LAW FAMILY EDUCATIONAL TRUST
NOTES TO THE FINANCIAL sfATEMENTS - eontlnu
THE YEAR ENDED 31sr AUGUST 2024
SUPPORTCOSTS
Govern8n¢e
sts
Mana8¢m¢nt
Tolals
Edu¢aiion and iraining
Support costs, in¢luded in the abov¢, as follows:
Management
2024
2023
as reslated
Education
and
trainin8
Total
activities
Adminislralion
Governance costs
2024
2023
as reslaled
Educalion
Total
a¢tivl¢ie$
training
Auditors, remuneration
TRUSTEES? REMUNERATION AND BENEFITS
I'here were no Irustees, remuneralion or oiher benefits for the year ended 31 st Au8USt 2024 Dor for Ihe year
¢nded 31si Augusi 2023.
Trusttts, expenses
There were no Irusiees, expenses paid for the year ended 31st Au8USt 2024 nor for the year ended
3 1st August 2023.
io.
srAFF cosrs
There were no siaff costs for the year ended 31 Au8USt 2024 nor for the year ended 31 August 2023.
Page 14
continued...

LAW FAMILY EDUCATIONAL TRUST
O THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST A
PIUOR YEAR ADJUSTMENT
The prior year adjuslmenl relates 10 the 8rants payable to the Laurus Trust. These are payable lo ihe Charity and
were nol accounted for in error in the financial stalements for the year ended 3 1st August 2023. The adjustmenl
has resulted in an increase in grants payable and a de¢r¢ase in th¢ total funds of £3,469,809.
12.
DEBTORS: AMOUNTS FALLIIYG DUE WITHIN ONE YEAR
2024
2023
as restated
Other deblors
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
as restaled
Grants payable
A¢¢rued cxp¢nse5
2,989,917
3,469.809
3 473 709
14. MOVEMENT IN FUNDS
Unrestricted funds
The unrestri¢t¢d funds represents th¢ funds of th¢ Charily and includes amounts which the Trustees have
desi8nated for p&rti¢ular purposes.
OTHER FINANCIAL COMMITMENTS
Al 3 1st August 2024 1h¢ ¢harity had the following commitments:
31.&24
31.823
Educalion Policy Instilute
63,91JO
180,000
The final payment of each 8rAn¢ is conditional upon ihc complelion and
publi￿(lon of the research project report.
Page 15
ntinued...

LAW FAMILY EDUCATIONAL TRUST
NOTES TO THE FINANCIAL STATEMENTS - eontinu
RTH
YE
DED
24
16.
RELATED PARTY DISCLOSURES
The charity is predominately funded by the Law Family Charilable Foundation, a charity in which Mr A Law
(Iruslee) is also a Iruslee. The charity was established to sUp￿)rt The Laurus Trusl (a Multi Academy Trust) in
which the Law Family Educational Trnst became a corporate member in November 2016. Details of grants
payable to The LauNs Tfusi #re detailed in note 5.The ￿tal donations received from The Law Family Charitable
Foundation in the year was £3,320,000 (2023 - £1,750,000).
Page 16

LAW FAMILY ED
TIONAL TR
DETAILED STAT
ENT OF FI
FOR TH
RENDED31￿ A
CIAL ACTIVITIE
2024
2023
a5 restated
INCOME AND ENDOWMENTS
Donations and legaeies
Donations
Gift aid
3J24,500
375
1,757,000
3J24,875
1,758,081
Investment Ineome
Deposit a¢¢ounl interest
Totil incoming resources
3J26,876
1,758,081
EXPENDITURE
ChAritAble getlvllles
Donations lo the Laurus TNst
Provision of oiher educaiional services for th¢
LauNs Trust
Grants lo institutions
2.S83,630
6,233,211
34,800
34,800
2JOS330
6,319,011
Support Colts
Manigement
Administration
4.089
3,825
Governance ¢oJts
Auditors, remuneration
Tolal resources expended
16
6 328 236
Net ineomel(expenditure)
510 557
4570 155)
This page does not fonn part of the statutory financial stat¢menls
Page 17