Charlty registration number: 1170355
Company re8iStration number; 09993570
LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
COMPANY UMITED BY GUARANTEE
TRUSTEES, REPORT AND FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
CONTENTS
Page
Trustees, report
Auditors, report
12
Statement of Financial Activities
16
Balance sheet
17
Statement of Cash Flows
18
Notes to the financial statements
19

LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
REFERENCE AND ADMINISTRATIVE DEfAILS
Charity name: Landmark International School
Charity reglstration number 1170355
Company registratlon number Trustees09993570
Trustees
Mr Martin Beazor
Mrjohn Barrett
Mr Mark Dawes
Mrs Linda Dennis
Mr Andrew Rand
Mr Richard Brent
Appointed a5 Chair 20/04120
Appointed 18112118
Appointed 31/03/20
Appointed 01104/20
Appointed 21109/20
Appointed 30109121
Registered office
The Old Rectory 9 Church Lane, Fulbourn, Cambridgeshire CB215EP
Key Management Personnel
Gareth Turnbull-jones Headteacher
Sabine Kite
Bursar
Carine Bennett
Head of Primary and Designated Safeguarding Lead
Sue Hilton-Taylor
Head of Secondary
Jo Pulford
Data and Tracking Coordinator
Jenna Fritz
Primary Years Programme Coordinator
Georgie Palfrey
SENDCO
Penny Roche
Secondary Years Programme Coordinator and Designated Safeguarding Lead
Auditors
Price Bailey LLP
Chartered Accountants & Statutory Auditors Tennyson House
Cambridge Business Park
Cambridge
CB4 OWZ
Bankers
Barclays Bank plc Leicester
LE27 2BB
Page I

LANDMARK INTERNATIONAL SCHOOL CAMBRIDGE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees of Landmark International School, Cambridge are pleased to present their annual reportfor
the financial year ended 31st August 2024. The Trustees report is considered to be the directors, report
as required by company law.
OBJEcfivES AND AcfiviTIES
Landmark International School, Cambridge was formed in 2016 and is an independent school based just
outside Cambrldge in the village of Fulbourn. It offers a high-qualityi carin8 and creative education within
an international context.
The school was set up by a group of like-minded parents and a member of staff whose children were
already in the independent international school system but who wanted a greatersay in shapingthe ethos
and delivery of the type of education that they wanted fortheir children.
The school opened in September 2016 with 40 students. During its first academic year, the school
provided classes foryear 2 to Year 11 for children between the ages of slx to sixteen. In the academic year
2023/24 the School catered for children aged 4 to 16. The school did in January 2024 obtain planning
permission to expand to a maximum capacity of 125 students.
The school's objetts as set out in the Articles of Association dated 5th February 2016 are specifically
restricted to promoting the education (including social and physical training) for the public benefit of
people underthe age of 25 years in such ways as the trustees think frt, including by:
Awarding to such persons bursarie5, maintenance allowances or grants, tenable at any university,
college or institution of higher or further education;
Providing thelr education lincluding the study of muslc or other arts), to undertake travel in
furtherance of that education, or to prepare for entry to any occupation, trade or profession on
leaving any educational establishment.
Ision and Mlsslon
Landmark International School's vision isto have a caring communitythat nurtures creativity and inspires
global citizens. The mission of the school is to provide a human-centred approach to learnin& ensuring
that each individual is nurtured to be self-directed creative thinkers that contribute to making their
communlties and the world around them a better place.
Aims and objectives
The overall aim of the school Is to create a friendly community environment in which British and
international children can learn and develop. It aims to dellver an individualised educational programme
for each student, focusing on the development of a child's self-confidence by nurturing their academlc
talents and interests.
The school has the followlng objective5:
To be Inclusive and non-selective and admit any child whose needs can be appropriately met
To employ insplrational teachers and provide lessons that are engaging and memorable
To maintain small class sizes and provide teaching that is tailored to the needs of each student to
ensure that all students achieve their acadernic potential
To deliver a high level of pastoral care
• To promote cultural awareness, equality of opportunity, and tolerance and respect for others and
prepare students to become global citizens
Page 2

LANDMARK INTERNATIONAL SCHOOL CAMBRIDGE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 AUGUST2024
To provide a rounded education and to inculcate a life-long interest in learning
Activities
Academlc
Landmark International School 15 both an International Baccalaureate World School and a Cambridge
Assessment International Education School. To support an international curriculum throughoutthe school
the school offers two international curriculums. In the primary school we offer the International
Baccalaureate Primary Years Programme {IBPYP} and in the secondary school we offer the opportuntyto
do International GCSES across a broad range of subjects.
In the primary we follow a holistic model of learning using themes to 5UPPOrt our students in
understanding the connections of their learning to the world around them, Using the framework of the
IBPYP, students explore a range of relevant, engaging and universal themes through conceptual lenses.
Learning is led through inquiry with a focus on student voice, choice and agency, leading to meaningful
action.
In each year of Primary, the students will explore relevant and engaging themes through a
transdiscipllnary approach to learning. The subject areas are integrated In order to enable authentic and
relevantexperiences, developing meaningful connectionstotheir learning. Student5 havethe opportunity
to build their conceptual understandin85p knowledge and skills through the six themes:
Who we are
How we express ourselves
Where we are in place and time
How we organise ourselves
How the world works
Sharing the planet
In the primary students develop an in-depth knowledge in subjects so in addition to the topics we use
resources to support the students, learning. For example in mathematics we use White Rose Maths and
In English we use elements of the natlonal curriculurn and start our reading and writing journey with
Supersonic Phonic Friends,
In the lower secondary {year 7-9) we teach in disciplines and work closely together to make
interdisciplinary connections. The syllabus forthe indlvldual subjects is developed by the teachers to best
suitthe student needs, ensure the curriculum is relevant to events that are occurring in the world around
them and prepare them for the next steps in their education. This is done through using resources such
as the national curriculum, Cambrldge Lower Secondary Curriculum and White Rose Maths to best
support our cholces in creating a rich curriculum for our students. In addltlon to the more traditional
subjects we enrich learning through additional classes such STEM and Global Discussions, in which
students are provided with choice around what they learn.
In the upper secondary {year 10 and 11) students work towards CIE IGCSE and JCQ GCSE qualifications.
We support our students in finding the best combination of subjects for them. In addltion, students have
the opportunity to develop more vocational skills through ASDAN courses.
Throughoutthe primary and secondary in keepingwith the international outlook of the school, a range of
language options is offered to students including Mandarin, Spanish and French. Overseas students are
offered 'home and family language instruction, classes to help them acquire literacy and other skills in
their first language. For students needing extra help with their English, the school offers lessons with TEFL
qualified teachers In English as an additional language, and intensive tuition in Engllsh if this is necessary.
Page 3

LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST2024
The wider curriculum
Music, art and drama are part of the school's extracurricularoffer. In addition, peripatetic musicteachers
visit the school for individual instrumental and singing lessons.
Sport is an important part of school life and students are given the opportunity to try a broad range both
as part of the physical education curriculum and as extra-curricular clubs at lunchtimes and after School.
These include football. tennis, badminton, netball. squash, cricket, hockey and swimming. Lessons take
pla￿ at the local sports facilities in Fulbourn as well as in Cambridge. Other actiVFties such as yoga and
martial arts take place in the school hall.
The school offers wraparound care from 7.30am to 6.00pm interm-time, and activityclubs in the holidays.
After school artivities include football, chess, drama and art.
Charitable Activrtie5
The school is a registered charity which means that every penny is invested entirely into the education of
its children and provides for the future development and stability of the school. In setting its objectives
and planning its actlvrties, the school has given careful consideration to the Charity Commission's public
benefit guidance.
With thls in mind, the school has the following public benefit objectives:
To maintain student numbers at full capacitv
To forge links with the local community through shared resources and joint planning of activities
considering the young and elderly.
To support community events such as fairs and 5eNices.
The school has put into place a means-tested bursary scheme to assist as many families as practicable.
The aim is to try and ensure that any child who it is thought would benefrt from the small learning
environment is not prohibited from attending because of financial circumstances.
Criteria for success
In order to measure success of the school, the following measures are taken into consideration:
• A Biennial Community Survey for all stakeholders including students
International Baccalaureate Inspections
OFSTED Inspections
GCSE, IGCSE and FSMQ resuPts
• ASDAN Results
Centre of Evaluation and Monitoringtests whichtake place annually in the primary school and in year
7 and 10 in the secondary school.
Page 4

LANDMARK IMfERNATIONAL SCHOOL,CAMBRIDGE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST2024
Worklng with the Local Community and Public Benefit
The school has contracted with a number of local tradespeople and other business people. We currently
use the local facilities to help us stock our catering facility. The school makes regular use of the local sports
facilities. Notices for job vacancies are posted Fulbourn Facebook page and in publications in the
surrounding villages. We provide over40jobs tothe community, which iri turn support the local economy.
The school works diligently to ensure that school traffic is kept to a minimum and actively encourages
more sustainable travel for staff and students. Staff, parents and visitor5 are instructed lo park their
vehicles within the school grounds and not on residential roads. Transport to and from school is PTovided
by three minibuses for students in Cambridge and the surrounding villages, which reduces congestion
during drop-off and pick-up at the site.
Students, staff and parents have worked togetherto raise funds for charities such a5 Children in Need and
Sport Relief. It is hoped that by setting a gcK)d example as a school, it can help to influence the
expectations and behavlour of its students as future citizens. active members of the community, and
leaders.
Grant makin8 poIIcy
A meanstested bursary scheme has been put in placeto encourage applications from students whowould
not otherwise be able to attend the school. This scheme forms part of the school'5 ambition to offer the
advantages of small classes, excellent teachers, strong wellbeing support and a truly international
environment to a broader range of families.
The school has a bursary policy and it is important to trustees to be able to offer subsidised places as part
of its commitment to equality of opportunity and as part of the school's public benefit. This is also in line
with the school's charitable objectives. Bursaries are available for students whose parents meet certain
income thresholds.
Long term objectives
In the long term, the school aims to continue being able to provide education for the foreseeable future.
In order to achieve this, the school would like to continue to increase awareness of its presence and
offering in the local Cambridge area as well as internationally, through connection5 Wlth the International
Baccalaureate and other international schools. Relationships with relocation agencies and educational
agencies have been formed which are helping to build the school's reputation. The school has worked
hard to become a valued memberof the local community and has been forging links with local businesses,
the community centre which it rents for sporting facilities and by using the local shops and services. The
school also aims to build reserves to be able to continue in existence in the long term.
Page S

LANDMARK INTERNATIONAL SCHOOL CAMBRIDGE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
ACHIEVEMENTS AND PERFORMANCE
Achievements 202312024
Landmark adopted Myconcern as a new way of monitoring safeguarding throughout the school.
• Landmark adopted Securly Filter as a new way of filtering the internet at school.
In December the school received an Ofsted inspection for its material change request for 125
students. This inspection is not a full inspection, but does cover Safeguarding and compliance. The
report was very p051tive and explicitly referenced the good use of our new Myconcern safeguarding
procedures.
Landmark students received excellent GCSE grades, 90% of the results have been 9-4 grades and 44%
have been 9-7 grades. Both of these percentages are well above the national averages of 68% for 9-
4 and 22% for 9-7. As a non selective school, who admits students throughout secondary school, this
is an excellent achievement.
The school recognised that it needed its own cateringfacilities and stepped awayfrom using external
providers at a very high cost. The school has now opened an off site cateringfacility which will service
all School lunches for all children. This enables the school to quallty control this service and provide
nutritional food.
Various improvements have been made throughout the school to enhance the learning environment
for the students, including the development of a space for year 11 to relax and additional work area.
The school made a large capital expenditure by relocating the playground to create a larger facility
for students, this includes an artificially grassed area and a 3x3 Basketball court and con501idate our
parking arrangements. This inturn has increased the security of the site,
A larger staff room faciif(y has been created forstaff to both work and relax in.
Changed old non-LED lighting for modern LED lights and introduced sensors throughout the building
to improve the site's carbon footprint.
Ourstudent numbers are above our previous capacityand are now working towards our new capacity
of 125.
FINANCIAL REVIEW Fees and Bursaries
The termly fees for 202312024 were as follows:
Reception & Year 1 &2 £4,413
Years 3,4,5,6
£4,995
Years 7,8,9
£5,517
Years 10,11
£5,795
Additional fees are charged for famlly langua8e lessons, addltional English language lessons, additlonal
special educational support, and some extracurricular activities and school trips. Lunches are included in
the fees but there is an additional charge for minibus travel to and from school,
The number of bursaries offered intheyearwas 10 with an annual combined value of £74,025, a decrease
on the previous year. Bursaries awarded during the year are disclosed in note 5.
Going concern
Unrestricted free rese￿eS of the school at the year end, being unrestricted funds le55 fixed assets, were
in surplus by £124,47912023.. £322,342).
The trustees have considered a period of 12 months afterthe approval of these financial statements and
believe there is sufficient cash and funds to continue operation on a going concern basis.
Page 6

LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
As the education sector faces the implementation of VAT on school fees, the school faces the challenges
of supporting families and ensuring that student numbers remain strong. The school has been doing in
depth analysis on various scenarios regarding VAT and 15 confident in the sUPPOrt of current farnilies as
well as attracting new students.
Further challenges are significant increases in Business rates and increases in employer Nl. The school also
continues toface risingcostssuch as utilitiesandfood costs, Despltethis, student numbers have remained
positive and the school has a strong list of enquiries for 2025 and beyond. The school's reputation has
grown and there is more awareness of the provision the school offers within the Cambridgeshlre
community; this has caused the number of enquiries to rise conslderably.
Given the school's increasing reputational status, the recent positive Ofsted inspectlon and recent
accreditation as an IB World School, the positivity of our parent body, the school is confident that it will
be in a positive financial position throuBhout the forthcoming year.
Financlal results
FOR THE YEAR ENDED 31 AUGUST 2024
In the 2023124 academic year the school reported a deficit of £24,089 compared to a deficit of £67,599 in
2022123.
The trustees continually monitor the school's solvency as part of their on-going risk assessment
procedures and ensure that they follow the guidance specified in Charity Commission publication ccl2.
The school is required to have a statutory audit as its revenue has exceeded £lm in the current year.
In the academic year 202312024the fee income was sufficient to cover direct expenditure on educational
activities. This was due to careful financial management and a further increase in student numbers.
At the year end the school had total funds of £429,875, all of which were unrestricted.
Unrestricted free reseNes of the school at the year end, being unrestricted funds less fixed assets, totalled
£124.479 {2023: £322.342).
As a charity. in the 202312024 year the school received tax exemption as well as an 80% reduction on
business rates. These benefits are applied for educational purp05e5 and indirettly help to rnaintain its
bursary policy. However, the school is unable to reclaim VAT input tax on its costs as Ft is exempt for VAT
purposes. It also pays tax as an employer through the national insurance contributions it makes. The
treatment of VATwill change in 2025 due to new government legislation and the school will becorne VAT
registered.
Page 7

LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 AUGUST2024
ReseNes
The trustees recognise the need for prudent financial management of the school's resources and for
buildin8 rese￿e5 over time to meet its irnmediate objectives and protect its current activities.
The aim is to build reserves to a position sufficient to cover one term's costs, which, as per Landmark's
current budget forecast, is currently £462,000 (2023: £439,000). The current free reserves position is
£124,479 {2023: £322,342} a5 per Note 12.
RISK MANAGEMENT
The principal risks that the school faces are:
VAT
VAT will be introduced on school fees in January 2025. Currently families of the school remain positive
in supporting the school, but it is a huge impact on parents to find an additional 20% each year in addition
to their school fees.
Business Rates
Significant changes in the October 2024 Budget identified that private schools would lose the Charitable
Rates relief from April 2025. The school has already been plannlng for this and has added this to their
annual budget.
Energy Crisis
The school and the Trustees are monitoring the ongoing energy crisis and looking at ways in addition to
lighting to reduce costs,
Continuous flow of student numbers
Potential student numbers are monitored on a weekly basis by the SLT and are reported to the Trustees
at each Trustee meeting. The school is fortunate to have a strong reputation and in the past has had to
turn students away due to capacityi Withthe increase in capacitythrough the granted planning application
the school is confident in offering spaces to potential students.
PLANS FOR FUTURE PERIODS
The Trustees and the school management team are looking at ways to bring in addltional revenue during
the school year when the children are on holiday. The school is building relationships with agents who
may be interested in renting the site to run language, art or drama cla55es. Potential term time visits are
also being considered.
Page 8

LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
STRucfuRE, GOVERNANCE AND MANAGEMENT
Structure
The school is a company limited by guarantee and a registered charity governed by its memorandum and
articles of association.
Key Personnel
Decisions on the day-to-day running of the school are taken by the Senior Leadership Team {SLn which
con51Sts of the Headteacher, Bursar, Head of Secondary, Head of Primary (DSL), Data Systems
Coordinator, Secondary Years Programme Coordinator (DSL) and Primary Years Programme Coordinator,
SENDCO. The SLT meets weekly to discuss the operational aspects of the school. Strategic decisions are
taken by the trustees, who are responsible for monitoring the overall performance of the school and
ensuring that it meet5 Its financial, legal and other regulatory requirements.
Recnjitment and Appointment of Trustees
New trustees are introduced to Landmark through contacts with existing trustees, advertisements or
people the Trustees or School know through bL55ine5s links. The Board has a selection Committee who
meet termly to discuss potential applicants. The school will continue to establish links with others in the
educational settor, as well as approaching interested professionals from a variety of backgrounds in order
to broaden the composition of the governing body.
Decision Making
Financial proposals, such as the budget and department budget allowances, are made together by the
Headteacher and Bursar. Trustees are infomied during trustee meetings of new staff and building
workslimprovements, however they are only involved in the decision making process when there is
signlficant financial impact as per the finance pollLry.
Remuneration
These declsions are made by the Trustees as a group, with input from the Headteacher and Bursar. The
current salary of a new member of staff joining the school, together with national guidelines and
affordability of the cost bythe school and comparisonwith otherschools, payments for similar roleswould
also be taken into account.
Fundraising
The school understands its duty to protect the public. including vulnerable people, from unreasonably
intrusive or persistent fundraising approaches and undue pressure to donate. but does not currently
fundraise from the public or use any internal fundraisers or external fundraising agencies for either
telephone or face-to-face campaigns and received no fundraising complaints during the year land no
complaints in the prior yearl,
Related Partles
Trustees are aware of the requirements surrounding related party transactions and monrtor this closety.
All transactions with related parties require approval by the trustees. Related party transactions during
the year are disclosed in note 15.
Page 9

LANDMARK INTERNATIONAL SCHOOL. CAMBRIDGE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
TRUSTEES, RESPONSIBILITIES
The Trustees (who are also directors forthe purposes of company lawl are responsible for preparing the
Trustees, report and the financial statement5 in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom General￿ Accepted Accounting Pratticel.
Company law requires the Trustees to prepare financial statements for each financial year. Under that
law the director5 have elected to prepare the financial statement5 in accordance with United Kingdom.
Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Undercompany law the Trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, includingthe income and expenditure, of the charitable company
for that period. In preparing these financial statements, the Trustees are required to:
Select suitable accounting policies and then apply them consistently.
Observe the methods and principles in the Charities SORP 2019 FRS102
Make judgements and accounting estimates that are reasonable and prudent
State whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the flnancial statements; and
Prepare the f inanclal statements on the going concern basis unless It is inappropriate to presume that
the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charitable company'5 transactions and disclose with reasonable accuracy at any time the
financial position of the charitable company and enable them to ensure that the financial statements
comply with the Companies Act 2006, They are also responsible for safeguarding the assets of the
charitable company and hence for taking reasonable steps forthe prevention and detection of fraud and
other irregularities.
The Trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the charitable compan¢s website. Legislation in the United Kingdom Eoverning the
preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
DISCLOSURE OF INFORMATION TO AUDITORS
Each of the persons, who are Trustees at the time when this Trustees, report is approved, has confirmed
that:
So far as that the Trustees are aware, there is no relevant audit information of which the charitable
company's auditors are unaware, and that
The Trustees havetaken all the steps that ought to have been taken as a Trustee in orderto be aware
of any information needed by the charitable company's auditors in connection with preparing their
report and to establlsh that the charitable company's auditors are aware of that information.
AUDITORS
Price Bailey LLP were reappointed as the charitable company's audltors during the year.
Page 10

LANDMARK INTERNATIONAL SCHOOL CAMBRIDGE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 AUGUST2024
SMALL COMPANY PROVISIONS
Chair of Trustees
In preparingthis report, the Trustees have taken advantage of the small companies, exemptions provided
by section 415A of the Companies Act 2006.
This report was approved by the Trustees on .
.and signed on their behalf by:
Martin Beazor
Chair of Trustees
Page 11

INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF LANDMARK INTERNATIONAL SCHOOL CAMBRIDGE
Opinion
We have audited the financial statements of Landmark International School, Cambridge (the 'charitable
compan¢) for the year ended 31 August 2024 which comprise the Statement of Financial Activities, the
Balance Sheet, the Statement of Cash Flows, and notes to the financial statements, Including a summary
of significant accounting policies. The financial reporting framework that has been applied in their
preparation is applicable law and United Kingdom Accounting standards, including Financial Reporting
Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United
Kingdom Generally Accepted Accounting Practice}.
In our opinion the financialstatements:
give a true and fair view of the state of the charitable company's affairs as at 31 August 2024. and of
its incoming resources and application of resour￿S, including its income and expenditure, for the year
then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice; and
have been prepared in accordance with the requlrements of Companies Act 2CN)6.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS {UK)l and
applicable law. Our responsibilltles under those standards are further described in the Auditorfs
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit of the
financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for ouropinion.
Conclusions relating to going concem
In auditing the financial statements, we have concluded that the trustees, use of the going concern ba51S
of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events
or conditions that, individually or collettively, may cast signrficant doubt on the charitable company's
ability to continue a5 a going concern for a period of at least twelve months from when the financial
Statements are authorised for issue.
Our responsibilities and the responsibllities of the trustees With respect to going concern are described in
the relevant settions of this report.
Page 12

INDEPENDENT AUDITORS. REPORT
TO THE MEMBERS OF LANDMARK INTERNATIONAL SCHOOL CAMBRIDGE
Other infomiation
The other information comprises the infomiation included in the trustees, annual report, other than the
financial statements and our auditor's report thereon. The trustees are responsible for the other
information contained within the annual report. Our opinion on the financial statements does not cover
the other information and, except to the extent otherwise explicitly stated in our report, we do not
express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so. consider whether the other
information is materially inconsistent with the financial statements or our knowledge obtained in the
course of the audit or otherwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstatements, we are required to determine whether this gives rise
to a material mi55tatement in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information, we are required
to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the Trustees, report (incorporating the directors, report) for the financial
year for which the financial statements are prepared is consistent with the financial statements;
and
the trustees report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the charitable company and its environment obtained
in the course of the audit, we have not identified materlal misstatements in the Trustees AnnualReport.
We have nothing to report in respect of thefollowing matters in relationto which the Companies Act 2006
require u5 to report to you if, in ouropinion:
adequate accounting records have not been kept. or returns adequate for our audit have not been
received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns'or
certain disclosures of trustees, remuneration specified by law are not made.or
we have not received all the information and explanations we require for our audit.or
the trustees were not entltled to prepare the financial statements in accordance with the small
companies, regime and take advantage of the small companies, exemptions in preparing the trustees
report and from the requirement to prepare a strategic report.
Page 13

INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
Responsibilities of Trustees
As explained more fully in the trustees, responsibilities statement, the trustees (who are also the directors
of the charitable company for the purposes of company lawl are responsible for the preparation of
financial statements and for being satisfied that they give a true and fair view, and for such internal control
as the trustees determine is necessaryto enablethe preparation of financial statementsthat are freefrom
material misstatement, whether due tofraud orerror.
In preparing the financial statements, the trustees are responsible for assessing the charitable companrfs
ability to continue as a going concern, disclosing, as applicable, matters related to going con￿rn and using
the going concern basi5 of accounting unless the trustees either intend to liquidate the charitable
cornpany or to cease operations. or have no realistic alternative but to do 50.
Auditorfs responsibilities for the audit of the financial statements
Ourobjectives are to obtain reasonable assurance about whetherthe financial statement5 as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditorfs 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) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on the
basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance wlth laws and regulations. We design
procedures in line with ou r responsibilitie5, Outlined above, to detect material misstatements in respect
of irregularities, including fraud. The extent to which our procedures are capable of detecting
irregularities, including fraud is detailed below:
We gained an understanding of the legal and regulatoryframework applicable to the charitable company
and how it operates and considered the risk of material misstatement in respect of irregularities, including
fraud and non-compliance with laws and regulation5. This included those regulations directly related to
the financial statements. In relation to the charitable company this included GDPR, health and safety,
employment law, safeguarding and financial reporting. We communicated the identified laws and
regulations With the audit team and remained alert to any indications of non-compliance throughout the
audit. We carried out Specific procedures to address the risks identified. These included thefollowing:
Agreeing the financial statement disclosures to underlying 5UPPOrting documentation to assess
compliance with provisions of relevant laws and regulations described as having a dirert effett on
the disclosure5 in the financial statements:
Enquiry of management regarding laws and regulations as identified above that are applicable to
the orEanisation;
Reviewing minutes of Trustee and Finance committeemeetings.
Ensuring that for an appropriate sample expenditure is adequately authorised in line with the
school's systems;
Testing journal entries and other adjustments for appropriateness, and reviewing accounting
estimates for evidence of management bias.
Because of the inherent limitations of an audit, there is a risk that we will not detect all Irregularities,
includlng those leading to a material misstatement in the financial statements or non-compliance with
Page 14

LANDMARK IKfERNATIONAL SCHOOL, CAMBRIDGE
INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
regulation. This risk increases the more that Complian￿ with a law or regulation is removed from the events and
transacllons reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.
The risk is also greater regarding irregularities occurring due to fraud rather than error. as fraud involves intentional
concealment, forgery, collusion. omission or misrepresentation.
A further descriptlon of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at.. htt s:Ilwww.fr¢.or
.uklOur-WorklAudiUAudit-and- assurancelStandards-and-
uidancelStandards-
and-
uidance-for-auditorslAuditors-res
onsibllities-for- auditlDescri
tion-of-auditors-res
onsibilities-for-audit.as
x. This
description forms part of our auditor's reporl.
Use of this report
This report is made solely to the charitable company's members, as a body. in accordance wilh Chapter 3 of Part 16 of
the Comp8nies Act 2006. Our auditwork has been undertaken so Ihal we might state to the charitable company's members
those matters we are reouired to state to them in an auditor's 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 the charitable
company's members as 8 body, for our audit work, for this report, or for the opinions we have fomied.
Suzanne Goldsmlth FCA
Senlor Statutory Auditor
For and on behalf of
PRICE BAILEY LLP
Statutory Audltor
Tennyson House
Cambridge Business Park
Cambridge
CB4 OWZ
Dale:
Page 15

LANDMARK IMfERNATIONAL SCHOOL, CAMBRIDGE
STATEMENT OF FINANCIAL AcfiviTIES
(INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 AUGUST2024
Total funds
2024
Totsl funds
2023
Unrestricted
Restrlcted
Note
Income from:
Donations and legacies
Charitable activities
Other income
1,740,430
74
131,261
1,871,691
74
1,712,189
735
Total income
1,740,504
131,261
1,871,765
1,712,924
Expenditure on:
Charitable activities
11,764,593}
(131,261)
(1,895,8541
(1,780,523)
Net (expenditure) / income
belng net
movement in funds
(24,089)
(24,089)
{67,599)
Recontiliatlon of funds:
Total funds brought fO￿ard
453,964
453,964
521,563
Total fvnds carried forward
429 875
429 875
453 964
The statement of financial activities includes all gains and losses recognised in the year and therefore a
statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continulng activities.
The notes on pages 19 to 29 form part of these financial statements.
Page 16

LANDMARK IPrnNATIONAL SCHOOL CAMBRIDGE
REGISTERED NUMBER: 09993570
BAiANCE SHEET AS
AT 31 AUGUST 2024
Note
2024
2023
Hmed assets
Tangible assets
305,396
131,622
Current a55ets
Debtors
Cash at bank in hand
400,905
688.898
1,089,803
334,583
757,035
1,091.618
Credltors: amount falllng due within one
year
io
1925,9371
1718.4731
Net cuttent assets
163,866
373,145
Total assets less current fiabllltles
469,262
504,767
Credltors: amounts fallln8 due after more
than one year
li
1393871
150.803)
Net assets
429A75
453,964
Funds
Unrestricted fvnds
Total charlty funds
12
429,875
429,875
453.964
453,964
These accounts are prepared in accordance wlth the special provlslons of Part 15 of the Companies Act relatin8
to smallcornpanles and consiftute the annual accounts required bythe CompaniesAct 2006 and afeforclrculation
to members of the company.
The financlal statements were approved by the TnJ5tees on.--
. and slgned on thelr behalf by:
Martln Bea20r
Chair olTrurtees
The notes on PaBes 19 to 29 form part of these fina￿la1 statements.
Page 17

LANDMARK INTERNATIONAL SCHOOL. CAMBRIDGE
STATEMENT OF CASH FLOWS FOR
THE YEAR ENDED 31 AUGUST2024
Note
2024
2023
Cash flow from operating activities
Net lexpenditurel / income for the year
Depreciation
Dividends, interest and rent from investments
Ilncrease} / decrease in trade and otherdebtors
Increase l {decreasel in trade and other creditors
124,0891
23,512
320
(66,322)
196,048
{67,599)
22,758
253
57,396
170,417
Net cash flow from operating activities
129,469
183,225
Cash flow from investing activitie5
Dividends, interests and rents from investments
Proceeds from sale of assets
Purchase of tangible fixed assets
1320)
1253)
1197,286)
(15,922)
Net cash flow from investin8 activities
1197,606)
(16,1751
Net (decrease) / increase in cash and cashequivalents
168,137}
167,050
Cash and cash equivalents at start of year
757,035
589,985
Cash and cash equlvalents at end of year
13
688,898
757,035
The notes on pages 19 to 29 form part of these financial statements.
Page 18

LANDMARK l1￿rERNATIONAL SCHOOL, CAMBRIDGE
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
ACCOUNTING POLICIES
The principal accounting policies are summarised below. The accounting policies have been applied consistently
throughout the year and in the preceding year.
1.1. GENERAL INFORMATION
The Landmark International School, Cambridge is a private charitable company limited by guarantee and is
incorporated in En£landand Wales. Intheeventof thecompany beingwound up, membersare required to contribute
an amount not exceeding £1. There are currentlysix (2023-sixltrustees who are also the members of thecharitable
company.
The Charitvs registered address is The Old Rectory 9 Church Lane, Fulbourn, Cambridge, England, CB215EP, the
Charity's registered number is 1170355 and the Company registration number is09993570.
1.2. BASIS OF PREPARATION
The financial statements have been prepared in accordance with Accounting and Reporting by Charities." Statement
of Recomrnended Practice applicable to charities preparing their accounts in accordance with the Financial
Reportingstandardapplicable inthe UKand Republicof Ireland (FRS 1021 (effective ljanuary 20191- (Charities SORP
IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the
Companies Act 2ty)6.
The financial statements have been prepared in pounds sterling and are rounded to the nearest pound.
Landmark International School meets the definition of a public benefit entity under FRS 102. Assets and liabilities
are Initially recognised at historical cost or transattion value unle55 Otherwise stated in the relevant accounting
policy note.
1.3. GOING CONCERN
The trustees have considered a period of 12 months after approval of these financlal statements and believe there
is sufficient cash and funds to continue operation on a going concern basis.
The school faces new challenges wlth the introduction of VAT to school fees, changes in Nl and the increase in
Business Rates, The school has been very careful at keeping abreast with these changes and ensuring that parents
and other stakeholders are kept informed,
Student numbers have remained positive and enquiries are very strong for the immedlate future and looking
forward.
The school's reputation continues to grow year on year and this is evident with the enquiries we receive not only
from a local market but also overseas.
Page 19

LANDMARK INTERNATIONAL SCHOOL CAMBRIDGE
NOTE5 TO THE FINANCIAL STATEMENT5
FOR THE YEAR ENDED 31 AUGUST 2024
I. ACOUNTING POLICIES{CONTINUED)
Given the school's increasing reputational status, recent accreditation as an IB World School, the positivity
of our parent body, as well as the analysis of risk of current families in relation to BREXIT, the school is confident
that it will be in a positive financial position throughout the forthcoming year.
1.4. FUND ACCOUNTING
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general
objectives of the school
Restricted funds are Subjected to restrictions on their expenditure imposed by thefunder
1.5. INCOME RECOGNITION
All income is included in the Statement of Financial Activities when the school 15 entitled to the income and the
amount can be quantified with reasonable accuracy. The following specific policies are applied to particular
categories of income:
Income from donations and legacies is recognised when the school is entitled to the funds, the amount can
be measured reliably and when it is probable the funds will be received
Income from charitable activities relates to income from the provision of education, which is billed in advance
of school terms, and is recognised in the period to which it relates
Income from government grants are recognised at fair value when the school has entitlement after any
perfomiance conditions have been met, it is probable that the income will be received and the amount can
be measured reliably. If entitlement is not met then these amounts aredeferred.
1.6. EXPENDITURE
All expenditure is accounted for on accruals basis and has been classified under headings that aggregate all costs
related to the category. Expenditure is recognised where there is a legal or constructive obligation to make
payments to third parties. it is probable that the settlement will be ￿quIred, and the amount of the obligation
can be measured reliably. It is categorised underthe following headings:
Charitable expenditure comprises costs incurred by the school in the delivery of its activities and seNices for
its beneficiaries. It includes both costs that can be allocated directly to such attivities and those costs of an
indirect nature necessary to support them
Support costs are those that assist the work of the School but do not direttly represent charitable activities
and include office costs and governance c05t5. They are incurred directly in support of expenditure on the
objects of the school. Governance costs are included within support costs and include those costs associated
with meeting the constitutional and statutory requirements of the school and include the audit fees and costs
linked to the strategic management of the school. Irrecoverable VAT is charged as an expense against the
activity forwhich expenditure arose.
Page 20

LANDMARK Ir￿ERNATIONAL SCHOOI CAMBRIDGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
I. ACCOUNTING POLICIES (CONTINUED)
1.7. FIXED ASSErs
All purchased fixed a55et5 are initially recorded at C05t.
Assets donated for use by the school are recognised as income when re￿1vable and capitalised at their open
marketvalue.
Depreciation is calculated so a5 to write off the cost of an asset, less its estimated residual value, over the useful
economic life of that asset as follows:
Leasehold improvements
Summer works
Equiprnent
- Over the term of the lease
Over the term of the lease
8 years straight line
1.8. DEBTORS
Trade and other debtors are recognised at the settlement amount due after any discount or bursary offered.
Prepayments are valued at the amount prepaid net of any trade discounts due. Accruing income and tax
recoverable is included at the best estimate of the amounts receivable at the balance sheet date.
1.9. CASH AT BANK AND IN HAND
Cash at bank and In hand includes cash and short term highly liquid investments with a short rnaturity of three
months or less from the date of acquisition or opening of the deposit or similaraccount.
1.10. CREDITORS
Creditors are recognised where the school has a present obligatlon resultin8 from a past event that will probably
result in the transfer of the funds to a third party and the amount due to settle the obligation can be measured
or estimated reliably. Creditors are normally recognised at their settlement amounts after allowing for any trade
discounts due.
1.11. FINANCIAL INSTRUMENTS
The School only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic
financial instruments are initlally recognised at transaction value and subsequently measured at their settlement
value, which is at cost, with the exception of:
Flxed assets which are measured at cost lessdepreciation.
Financial assets Include the trade debtor5, the bank balance and accrued income (but exclude
prepayments).
Financial liabilities include trade creditors, other creditors, loans, accruals and deferred income but exclude
social security and othertaxes due.
Page 21

LANDMARK INTERNATIONAL SCHOO¥ CAMBRIDGE
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
I, ACCOUNTING POLICIES (CONTINUED)
I.IZ PENSION COSTS
The school operates a defined contribution pension scheme. Pension costs charged in the Statement of Financial
Activities represent contributions payable by the school in the year.
1.13. OPERATING LEASES
Operating leases are recognised over the period of which the lease falls due. Benefits received and receivable as
an incentive to sign an operating lease are recognised on a straight-line basis over the period of the lease.
1.14. SIGNIFICANT ACCOUNTING ESTIMATES
In the application of the School's accounting policies, which are described above, the Trustees are required to
make judgernents, estimates and assumptions about the carrying amounts of a55ets and Ilabilities that are not
readilyapparentfrom othersources. The estimates and associated assumptions are based on historical experience
and other factors that are consldered to be relevant, Actual results may differ from those estlmates.
The estimates and underlying assumptions are revlewed on an ongoing basis. Revisions to accounting estimates
are recognised in the period in which the estimate is revised rfthe revision affects only that period, or in the period
of the revision and futu re periods if the revision affects both current and future periods.
The Trustees do not consider that there are any key estimates nor any critical judgements. There are no key
assumptions concerning the future, nor key sources of estimation uncertainty at the reporting date that have
significant risk of causing a material adjustment to the carrying amounts of a55ets and liabilities within the next
financial year.
1.15. TAXATION
The company is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the
company is potentially exempt from taxation in respect of income or capital gains received within categories
covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains
Act 1992, to the extent that such Income or gains are applied exclusively to charitable purposes.
Page 22

LANDMARK INTERNATIONAL SCHOO4 CAMBRIDGE
NOTES TO THE FINANCIALsTATEME￿rs
FOR THE YEAR ENDED 31 AUGUST 2024
INCOME FROM DONATIONS AND LEGACIES
Unrestricted
Restricted
Total 2024
Total 2023
Donations & legacies
INCOME FROM CHARITABLE ACTIVITIES
Unrestrirted
Restricted
Total 2024
Total 2023
Fee income
Special Education Needs funding
Catering income
Mothertongue tuition fees
Minibus income
Exam entryfees
Sport lessons
Registration fees
Sundry income
Other support
1,604,107
1.604,107
131,261
8,344
11,634
25,594
8,356
(49)
3,500
53,888
25,056
1,502,348
66,326
32,640
17,090
25,616
6,357
131,261
8,344
11,634
25,594
8.356
1491
3,51J)
53,888
25,056
3,IXIO
48,392
10,420
1,740,430
131,261
1,871,691
1,712,189
Income from charitable activities in 2023 amounted to £1,712,189 of which £1,645,863 related to
unrestricted income and £66,326 to restricted income.
OTHER INCOME
Unrestrirted
Restritted
Total 2024
Total 2023
Government support income
74
74
735
Page 23

LANDMARK INTERNATIONAL SCHOOL CAMBRIDGE
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
ANALYSIS OF EXPENDITURE ON CHARITABLE AcfiviTIES
Direct
costs
Support
costs
Total
2024
Direct
Costs
Support
costs
Total
2023
Staff costs including agency
Bursaries awarded
Rent, rates & utllities
Catering costs
Teaching resources
Professional fees
Minibus expenses
Insurance
Sports
Exarn fees
IT & telephone
Repairs & maintenance
Training & recruitment
Finance costs
Advertising
Events
Depreciation
Trips
Sundry
Charitable donations
Bad debt provision
Governance costs:
Audit fees
1,114,850
139,645
156,538
18,345
20,700
137,790 1,252,640
139,645
156,538
18,345
20,71JJ
51,503
36,349
23,590
6,920
9,476
10,170
85,037
6,848
320
8,246
1,053,592
110,849
140,938
37,565
24,418
130,219 1,183,811
110,849
140,938
37,565
24,418
39,817
6,116
12,605
12,366
6,128
11,851
100,865
6,948
253
8,902
389
22,756
29,072
7,230
644
7,050
51,503
39,817
36,349
6,116
23,590
12,605
6,920
9,476
10,170
85,037
6,848
12,366
6,128
11,851
100,865
6,948
320
8,246
253
8,902
389
23,514
23,514
30,088
4,650
475
22,756
30,088
29,072
4,650
7,230
475
644
7,050
10,800
10,800
9,950
9,950
1635 441
260 413 1895 854
1548 791
231732 1780 523
The school is considered to have only one activityi which is the provision of educationseNices.
Page 24

LANDMARK INTERNATIONAL SCHOOL CAMBRIDGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
STAFF COSTS
2024
2023
Wages
Social security
Pension costs
1,140,036
81,131
31,473
1,252,640
1,076,901
77,376
29,534
1,183,811
The average number of employees during the year, on head count basls, was as follows:
2024
2023
Teaching
Administrative and support
Management
18
19
18
16
45
43
Durlng the year, the number of employees with employee benefits (excluding employer pension costs) of £60,000 or
over was as follows:
2024
2023
£60,000- £70,000
The school considers the key management personnel to be those detailed in the reference and administration
inforrnation in the Trustee's ￿pOrt. The total employee benefits of the key management personnel of the school were
£405,27412023: £395,763) including employerfs national insurance contributions of £41,500 (£41,649} and employerfs
pension contributions of £13,407 {2023: £13,118).
NET INCOME
Net {expenditure) / income 15 Stated aftercharging:
2024
2023
Depreciation
Auditor remuneration-audlt fees
Auditor remuneration-other5ervices
Operatin8 lease rentals- buildings
Operatlng lease rentals- other
23.512
22,758
7,850
2,100
114,034
30,418
2,300
126,750
162
Page 25

LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
TANGIBLE FIXED ASSErs
Leasehold
Improvements
Summer
works
Equipment
Total
Cost
As at l August 2023
Additions
Disposals
As at 31 July 2024
155,800
37,869
27,658
12,420
183,458
197,286
146,997
193 669
146 997
Depreciation
As at l August 2023
Depreciation eliminated on
disposal
Charge for year
As at 31 July 2024
41,125
10,711
51,836
14,759
8,753
23,512
Net book value
As at 31 July 2024
137 785
146 997
305 396
As at 31 July 2023
114 675
131622
The additions for summer works were only completed just before the year end and as such were not
depreciated within the year.
DEBTORS
2024
2023
Trade debtors
Prepayments and accrued income
342,241
58,664
400,905
314,667
19,916
334,583
Page 26

LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
10. CREDITORS: AMOUNTS FALUNG DUE WITHIN ONEYEAR
2024
2023
Trade creditors
Accruals and deferred income
Other creditors
Taxation and social security
56,317
648,509
202,446
18,665
925,937
36,718
584,934
79,197
17,624
718,473
Deferred income comprises income received in advance. Income deferred in the year relates to fees received in
advance for August 2024 onwards.
2024
2023
Balance brought forward
524,325
396,926
Amount release during the year
Amount deferred in the year
1524,3251
627,093
1396,9261
524,325
Balance carried forward
627,093
524,325
11. CREDITORS: AMOUNTS FALLING DUE A￿ER MORE THAN ONEYEAR
2024
2023
Accruals- rent free period
39,387
50,803
Page 27

LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
NOTES TO THE FINANCIALsTATEME￿s
FOR THE YEAR ENDED 31 AUGUST 2024
12. FUNDS
a) Analysls of current year total funds
Openin
Balance
Closlng
balance
2023
Income
Expenditure
2024
Unrestricted general fund
453,964
1,740,504
11,764,593)
429,875
Restricted funds
SEN funding
131,261
(131,261)
453,964
1,871,765
{1,895,8541
429,875
b) Analysis of prior year total funds
Openin8
Balance
Closing
balance
2022
Income
Expendlture
2023
Unrestricted general fund
521,563
1,646,598
(1,714,197)
453,964
Restritted funds
SEN funding
66,326
{66,326)
521,563
1,712,924
(1,780,523)
453,964
Speclal Educational Needsfunding
This is funding received from the Cambridgeshire County Council and Hertfordshire County Council in relation to
the provision of education to children with special needs.
Page 28

LANDMARK INTERNATIONAL SCHOOL, CAMBRIDGE
NOTES TO THE FINANCIALSTATEMErirs
FOR THE YEAR ENDED 31 AUGUST 2024
13.
RECONCIUATION OF NEf DEBT
Asatl
September
2023
Cashflows
As at 31 August
2024
Cash in bank and in hand
757,035
(68,137}
688,898
14.
PENSIONS
The Charity makes contributions to a defined contribution stakeholder personal pension scheme on behalf of its
employees. The charge to the Statement of Financial Activitie5 represents those contributions payable by the
Charity during the year.
At the 31 August 2024 £8,017 was outstanding12023: £6,665). The contributions paid into the scheme during the
year totalled £31,473 {2023: £29,534}.
Is.
RELATED PARTY TRANSAcfioNS
Three children of the employees of the school attended the school during the year, foregoing fees of
£36,72812023: Two children of the employees of the schc#)IforegoiNdfees of £27,333).
Niltrustees were reimbursed expenses duringthe year {2023: £Nil). There were Nil other related partytransactions
which took place during the year12023: Nill.
16.
OPERATING LEASE COMMITMENTS
As at 31 August 2024 the school had commitments to making payments under non-cancellable operating leases as
follows:
2024
2023
Land and bulldlngs
Within one year
Between 2 and 5 years
Over 5 years
126,750
447.417
745,058
126.750
462,750
856,474
Other
Within one year
Between 2 and 5 years
27,797
12,233
162
Page 29