Dear Sirs
We hereby confirm to the best of our knowledge and belief, having made appropriate enquiries of other trustees and officials of the charity, the following representations given to you in connection with your audit of the financial statements for the period ended 31 March 2022.
Representation
1.We acknowledge as trustees our responsibility for making accurate representations to you and for the accounts which you have prepared on our behalf for the charity. 2.We confirm that all accounting records have been made available to you for the purpose of your audit and that all the transactions undertaken by the charity have been properly reflected and recorded in the accounting records. All other records and related information, including minutes of all trustee and members’ meetings, have been made available to you.
3.We confirm that, at the balance sheet date, the charity had no liabilities or provisions other than those recognised and no contingent liabilities other than those disclosed in the financial statements.
4.We confirm that there have been no events since the balance sheet date which require disclosure or which would materially affect the amounts in the financial statements, other than those already disclosed or included in the financial statements.
5.We confirm that the charity has not contracted for any capital expenditure other than as disclosed in the financial statements.
6.We have advised you of all laws and regulations considered central to the operation of the charity or which provide a legal framework within which the charity conducts its operations and confirm that there has been no possible or actual instance of noncompliance with those laws and regulations, except as explained to you and as disclosed in the financial statements.
7.We confirm that, in our opinion, the charity’s financial statements should be prepared on the grounds that current and future sources of funding or support will be more than adequate for the charity’s needs.
8.We confirm that all transactions with related parties have been disclosed in the accounts. We also confirm that all relevant information concerning such transactions has been made available to you and that we are not aware of any other matters requiring inclusion or disclosure in the financial statements.
1.We confirm that all grants, donations and other income, including those subject to special terms or conditions or received for restricted purposes, have been notified to you. There have been no breaches of terms or conditions during the period regarding the application of such income.
10.We acknowledge our responsibility for the design and implementation of internal controls to prevent and detect fraud. We confirm to you that we have disclosed to you the results of our own assessment of the risk of fraud in the charity.
11.We confirm that there have been no actual or suspected instances of fraud involving trustees, management or employees who have a significant role in internal control or that could have a material effect on the financial statements. We also confirm that we are not aware of any allegations of fraud by former trustees, employees, regulators or others. 12.We are not aware of any matters of material significance that should be reported to the Charity Commission.
13.We confirm that we expect that the significant donations from the anonymous donor will continue and provide assistance with the running costs of the school. The foundation has held discussions with this donor whom has actively provided reassurance that donations will be available as and when the school requires this financial assistance. We confirm that the above representations are made on the basis of enquiries of management and staff with relevant knowledge and experience (and, where appropriate, of inspection of supporting documentation) sufficient to satisfy us that we can properly make each of the above representations to you.
Yours faithfully Fola Yahaya Date 25/02/2023
Chair of Trustees
For and on behalf of the Trustees.
Lloyd Williamson Schools Foundation (Age 6months to 16 Years) Lucy Meyer, Co-Principal Aaron Williams, Co-Principal 12 Telford Road London W10 5SH Tel: 020 8962 0345
REGIStERED CHAR. NIINIBER: 1193132 Rtptsrt of the Trusieej #nd Tr14Thcial Si•temt•ts for ibt Ptriod 18 J4wary 2021 to 31 %l•rch 2022 for The Lloyd Il'illilnuon Sehools Foundilion Harris t2w' and SM3in Chartered Accountants atNI Ststutory AlIOrS Suite I Riverside Buildin8 Hessle E)st YorkshLr¢ HU130DZ
The Lltsyd Il"illinbtsm Sch Foutsdiiti Conlf nls of ¢be FIDxn¢ial StxteDVDts for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 Pgt Report of the TrStee$ I to 10 Rtport of iht IDdtptfjdent Audilors 11 to 14 Stt¢rttst of Flttin¢hl kl¢tlvltltJ 15 B•lnfe Shttt 16 Csh Flow Siten*t 17 Notej to the Cash Flow Sttement 18 19 to 23
The Lltsyd Il"illinbtsm Sch Foutsdiiti Report of the Trustet5 for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 Th¢ trust¢¢s pr¢gnt th¢ir r¢port f]nw&I stst¢nts of ¢har]"ty for th¢ P¢ri1 18 January 2021 10 31 March 2022 The trw1tt5 hav¢ adop1 the provisiorns of Accounling and R¢ry>rtin8 . CharitK5". Stat¢m¢nt of Recommended Practice applicable io charities weparin8 their accounts in aceordaKe with the Financial Reponin8 Standard applicable in the UK aThl RepublK of Ire]aThl IFRS 102} letTeciive l Jaw 20191. The Trustee5 of The Lloyd William50n Sclwls FouThlation Charity prese their ann report and audited accounts for the yrdr ended 31 March 2022 aThJ confum tly comply Mryth the requirements of the Charitses Act 2011, the tTU5t deed 4md ih¢ Chyri¢i¢s S()RP IFRS 1021.
The Lltsyd Il"illinbtsm Sch Foutsdiiti Report of the Trustet5 for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 OWECIIVLSAND ACIIV'ITIES Objectii'es and •ims Uur klims The Lloyd Williamson SclxxTrls FoUndlOn is a CIO- FOUNDATION regired on 18 January 2021. The obJ¢¢l of th¢ s¢?1 is to advancc cdwalion for pthli¢ beryfii in wh Muy5 as the ctrwity truslees think fit. in particular. bul TM)t ¢x¢lwsively. by opcraiing 5cIMMJIs. We aim, through our Nursery. Lowtr aThJ Upper ScIlS, to pmvide an excelleni edallon io children from ages of 4 months to 17. We seek to wovide a 5truciured educational environment thai develops our pupils, caFobilitie& comrKlcnces aThl skills. We promole ihc acleM1¢. moral a1 physical devclopmcnt of our pupils ihrough our acadcmic currtculum, pasloral care. sporting and aclivities. We proVC an educaiM)nal environmeni ere each StJent can d¢v¢lop and fulfil ¢h¢ir ryTrt¢nlial. building ikir s¢]f4onfid¢e and LUl011ng a d¢sir¢ io con¢rLbut¢ to the wider ommunity In so doin8. Wt pr¢par¢ our pupils for ttr¢ opprtunhll¢S. r¢spirLsibiliti¢s arxl ¢xp¢ri¢n¢¢ of lar life. Day to day mana8ement of the SclkKsls is dek8ated to the CfrWIIPaIS with the support ofthe leadership team. Our Objef tivu nd Ethos Th¢ vision Ivr SChIS is to ¢r¢ate an ¢nvironm¢nt wthi¢h is comp&%sionai¢. kind. acc¢piin8 arnl a¢ademiL£illy excelleni. l.WSF exists lo prov¢ a ed10n io children don't always fit into the box lickin& exam faciories that arc nearby. The fouThJing val5 of are s1ill Uniq - 5clwl feels diverse every child can be i1r owi iNJividual sell.. We value creativity In all sr¢S . thr ¢nCra8¢ children aThl youn8 peopl¢ to be ¢urioLts. inierested in tlK world d inieresiing 1Mselves. We provide a safe space for children from nursery WJ ts) yeaT I I Icurrenilyl. Children slM)uld feel pan of a whole school ethos. The childr¢n are thu8hi ¢0 think for 1MselVeS Amon&%1 other things. learn resilie and how lo bc¢ome sell'.moliva¢¢d Tky TCC¢Lve a broad ¢dwalion aTKI. by tl tim¢ are Ln s¢coNlary %lMMTrI should be d¢v¢lopin8 )litical and cultural amareness We aim io ium decent hwnan 1n&8. The subjects Ugh1 may change bui aim is 10 tum (MJ( people who can leam adj$1 to thaer Mwld throws at tm. The students are eoUraged io think about their fulure5 and io develop ambitiOU5 8oals for their lives eers. We provide Sm1 classes. Children a1 sthff all kW each other. We are a small aThl supportive team of 5tsff We are l¢ur on ho to saf¢Bwd ¢a¢h wxl ¢v¢ry Child Tr curriculum Is inr¢stin8 #Thj ditY¢r¢niiad to suit ¢v¢ry child. No-one 8ets left behind. Tre are alws Lrtiei£stin8 projects on top of ihe curriculum - outd[ leamin& the tK)stcard project. Play wrek etc. Staff receive regIar Iraining lo develop this visio Core values. Every child 15 safe and Iwpy .very child is rkIng io their full W)nI Every child is compassionale lo others a1 under&arMls the Val of our diverse community Every child is an avid l¢arrrr Our key objeciives for the year I1Jed. - to continuc to improve ow academic cwriculum - to continue to develop the excellent class rAstoral care provide for pupils - to iTKtease pupil numIr5 at our tA)tr SclK)ol - to provide coniinuin8 supwn ofour pupils alreaty in rtteiw of fee assistartt throu8h bursaries
The Lltsyd Il"illinbtsm Sch Foutsdiiti Report of the Trustet5 for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 The Scknls wrlcome pupils from ail bxk8rouThts. To admit a proS¢t]ve pupil Hr r)eed to salisfKd thal will be abl¢ to Ucat¢ and d¢v¢lop a prosp¢ctiv¢ pupil to th¢ E¢sL of tlKir wTrt¢ntwl aT¥I in lJn¢ th¢ g¢rKTal standard5 hi¢v¢d by their peers Trial days are wyJcrtak¢n to satksfy. ourselves and parcrts that [rf)lenti pupils can bcnefki Irom the education wt provide. An IrMILvidual's economic staiLLS, geThJer, ethnicity. race. relign or disability do not fomi part of ow &8sessmeM processes. We are an equal opportllY organisation and are committed io a wNking environment that is free from any forni or discrimination on the grounds of colow. rxe. ethnicity. religion. sex. marital staius. sexual orientation or disability. We will mak¢ reusonabl¢ adJu4men¢s ¢0 mert of 5t3tTor PUPLIS Jr¢ ot b¢com¢ disabl¢d The SclhKJls are commined io safe8uardin8 and promoiin8 the wtlfare of our pupils aThJ all staff and volunteers 10 share this commiimem In the lasi Ofsd In5F¢Ctors reFrt the Sclw15 Mrre described as'8(xxI'. Parents are given re8ular Infomtion alxmrt their children's yrtial aThl academic progress ihrough parent eveninss in th¢ Spring Term in addiiion to eJMI of iemi in December and Jul>. We have an Open tknr, p)licy - parents can c()ntaci ihc ycknl al any lime during ihe year addiiional inforniaiion We maintsin re8ular con1 with parLnts throughout the vear through infiyrnal COnts a1 thTOU8h our neIeller. Pupils have a PasKYal Tutor responsible for pastoral carc a1 adeMic development W¢ also hav¢ a student coun¢il ar¢ involv¢d in developing the sclxx)l. WL have d pro8ramme of mLniorin8 for children Severdl stall- are qualified in suptK)nin8 children's menthl hLJlth. Deborah Thackeray and Lwy MeJrT are mental health leads cornpldin8 addiiional tnIng in November 2021. All staff omplcl¢d mcfttal alth trainLnB on SULcidc aHwrer&s aNI prcveniion In Janw 2022
The Lltsyd Il"illinbtsm Sch Foutsdiiti Report of the Trustet5 for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 OWECIIVLSAND ACIIV'ITIES Signifitnt acli%'ili¢s Uur LduLatiol Iiies are carried out ihrough ow UpT School ai 77 Si Charles Square tA)ndon WIO 6EB aThJ our Nurser%'lLowtr SclM)ol ai 12 Telford Ro, tA)ndon WIO SSH. Pupil nUmrS at our Upr School wtre 35, with 25 in Lower Sc]M)ol aThJ 25 in ReceptioUrStry. This remairn8 lOw target figwe of 140. Our fee increases this year Mere 5Y•. Still making the fees less than many arbY iThJependenl schools. Our fees for the uiienl y¢at b¢for¢ d¢duction of any ¥n5 I¢¢d bur5ari¢s 5¢1M)la15hips [¢ £6.(K)O for pupils ar¥1 £5450 for ¢xi511rt8 pupils prlur to 2021 T1¢ 15 also gn wjditional £5(M) terni frt Charg io SEN pupils Nurs¢ry f¢c5 Jre pro-rata There are no ftt increases thhen children iransition io Up[ Sch(M)1. 34 year olds are in receipi of the MFE Igovernmeni fUled 15 a Mtek Nwsery p]&es). Digital 114nagemtn¢ ¢>!'sltm Jiinu¥lt)' ?021 th¢ Entr(Nj¢1on of a di8itsl s¢lMx)I maw¢nKM syst¢m. AIMS This has m¢ a si8nifican¢ Improv¢m¢ni Ln rttord k¢¢ping. All ai1¢NIae, sJf¢8uardinB and pupil h]eVemenL$ Ore now. r¢¢ord¢d Ln AIMS. l.-rom 2022. reFx)ns will also delivered via AIMS. Academir Itchie¢MeThts Our16CSkl(iCSL oplions include Film St11¢5. Pl A5trorKJmJ' arKt have our first pupi15 studying for'A' or 'AS' l¢v¢ls In Jury 2022, S¢lMX)I Bal accredilalion to otTer WJF.C" GCSES W¢ are currenily dpplyin8 10 b¢ abl¢ otY¢r GCSES from th¢ IM)ord. Our ac&lemic results in 2021 wtre exceptional - there wtre 4 ca15 they ail xhieved 95 or A•s in all of their subjects In 2022. fir full colKTrrt of year I l& of had joined u5 1C from l(Kal state hoOlS. DcspLl¢ this. 2/ty orthnts achKved 8rwJes 7-9. W'r#p #round tre We olleT a break.fast club aTrJ after 5ch)ol club U.1 6rMn at additional clw8e. Trre is also a holiday club open to childrcn fiom olr 5clx)ols uthich 15 reax)nably priccd In addilion. there arc various spccialisl afier school clubs. Currcntly. arts aNI crafts. foo¢tro11. chcs5 aThJ backgamm library aryj Le80. These are subject lo change a1 thke up has much lowrr Si¢ cov. chool ind nurstry newJlel¢erJ School and nur%er%' nL%%8lciters are publi4%d nearly every Mrek. with useful informalion for parents and a celebration of childre, achievements. Sport Durin8 2022, look part in the iA)ndon Sch}1$ Athlelic AScIation Meelin8S, 1th some promising rcsulis We will continue to explore opportunities for more swning fixiures. Nexi athlemic year Hqll be apwiniing Sponscool to delivcr OUT Friday PE. giving more opwJrtwJiti¢s for varKd swrtjng aclivilics M(daY afler s¢)01 foottroll club remai very popular. pupil a Courty squath player aThl one a county cfi)ss courw rurner. DrAm JunL 2021 SHW the outdoor perfOrne of The Red Rob. wforn)ed by years 7- 9. It HES TItten by the students aThl our music aJKI an ieacLrr. Tim Smart and SUPrted by our owi in scknl batvj. 5eieDet Club We held a ek- long Sclence Clth in August 2021 which wa8 open to all children in the arvd. School Trips S¢hool trips irKlud¢d field trips to IXJr5¢t PIKrtO8raplKrf5 Ga]l¢ry and io theatres. PGL Our annual irip to PGL w41ich was cancelled in Maj. 2021 t*cause of Covid. is taking place in May 2022. The enormously enjoyable activity Is open to vear 3-9. The Jents panicipaic In all kuxls of 0d00T xlivilies such as abseiling and it trMK)sts self-confidertt. children all leam team building skills.
The Lltsyd Il"illinbtsm Sch Foutsdiiti Report of the Trustet5 for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 OWECIIVLSAND ACIIV'ITIES Annul ProJett We held the Ual Postcard Project in Swin8 2021. with some very inventive entries. Every Child is haThJed a p)stcard and h&8 cre a projecvart Hork bed on it. Trre are prizes for the Mqnrnys. P4slorl Pastoral care aThl stwl¢rt wtlllxing r¢mairts ai the ¢¢ntre Of ¥h(x)I's ¢ilK>s. Post tl pand¢mi¢. exira supwrt ha% b¢¢n neLded io improve Jiiendance. Pupils In years 10 aThJ I I receive regular meniorin8 10 help i1M achieve Iheir goals. Sch(N)I council meelin8s are held regularly of the SI are thken inkn co8ration by the Co.prirKipal. C.'h8rilifs F'undraising WL hosl il ¢oll¢¢tJun lur 41 lo¢al f1 bank ¢0 which pupils aThJ porents r¢gully ¢ontribut¢ st b¢8inninB of tl Wdr In Ukroin¢. r¢8ul¥r ¢oll¢¢tion have mad¢ w)d dorntM)ns s¢nt to t Ukr#Ln¢ Communit} C¢ntre in K¢n51n8ton. Mulli days are held regularly io raise nw for Jea$ for Genes. Children in Need. Young Minds. Crisis arml many others. Bur54rits 'I'hi% th¢ value of means sd bursjries iowll¢d £474.755.(Kl. They wovidd 213 of ow pupils of whi¢h 5 pupils b¢Kfiii¢d from a fidl r¢mission of f¢¢$. srtr1 in ftt in¢ome is nyt by fillTals1n8 ond donations. Review Bursarics are review on an anrnMI ba"3 In July lo ensure thai familie5 in receipt of bursarKs and slill fully entsiled to them IN¥lNC-IIll. RF.I'IF. frinTh¢il po$ition Thc C E".() regularly reviews ihe finunce5 budBthS 4S F4rt of the effcctive aewd5hip of Sclx)ol. The sclM)ol h&$ a continuin8 pro8ramme of refurbishneK develop)1 ar¥J Inven to mainthin excellent teachin8 facilities for our pupils. Projects for 22-23 ilUde r¢firbishment of the Im) toilets in the uNr School. The free reserves are at a balae of £122.644.(Kl. which illwirates the extent of the invethKnl in our Schools. The 105in8 vaiue of our ¢anBible assets. property, plam equipmertL £48.832.00. Principl Jourees 'I'he linancial sthmenL8 sIM)w net irKomir¥ resourtts for the year of £171.476.Crf). The principal source of Income is fees donalions. The tru¢¢5 are continuing theiT Strategy of deployin8 all nel in¢omin8 r¢sow¢es to Inverting in the ed40[1 wxl of ow Junior Sertior Sch15. As a chariiy parents of our pupils have t thai all iome of the Sch1 mum be applied for educdiional purtrt)ses. As an educational charily enJo>' thx exemwbon on ow educaiional aciiviiies As a Charity are also entÈtled to an 8/• redwtion on our busi$5 rales on the proterty occup). for clwritable purFxTrses. The financia] benefits we rffeive from tIKse lax exemplions are all applied for edwalionai purwscs and IliTe¢t1Y IKIp u5 10 maintain our buw wlics. Howtver. as an educaiional charity.. are unable to rttlaim VAT inpui t&x on our costs &$ He or¢ exempt for VAT purposes. We also pay lax as an employer through the national insuraTKe contributiorG make. In additional to the very subs¢aniia] be fits our klM)ol brirtg5 10 ow pupil% the l(Trl commtmity and srtiety through th¢ ¢dwation offer, our bur5aTr pro8rammc ¢r¢at¢s a 5(KwI &ss¢l Mithoul to th¢ ExCh¢qr.
The Lltsyd Il"illinbtsm Sch Foutsdiiti Report of the Trustet5 for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 FINANCIAL REN'IL Revn'es poli¢v 'rh¢ iflLeLS re%'iew the reserv¢ levels Of routhion arnually. This review eneompasses nature of in¢om¢ gThJ expenditure strtrdnL%, Ihe ed io match irtome wth commitsMenL8 aThJ the nature of reserves. The trl¢eS hold a polKy to keep 6 n¥)rtI reserve5 to cover charity expeThliture for the year. this equates to £625.618.00. After makinB appropria ewuiries. the Boord of Trus¢ees has a reble expectaiiffi that foundatsort has Jequa¢e resources io Loinue In operaiional exis*rte for the foreseeable firture For this it continues io adopt the going concern basis in preparing the finla1 ststrments. dethils regarding the adoption ofthe going Coern basis can be lound In the Sthtemeni ofAcc<KmtinB Policics
The Lltsyd Il"illinbtsm Sch Foutsdiiti Report of the Trustet5 for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 INAliCIAL REN'IL OUR STIL4TEGI' ATr4D POLICIES Our TrLLStees are resl]ble for setting a straie8y for achThing the objectives ty have set. The of our straiegy is on the development of our pupils. 1r Contin high levels of &&Jemic aThl C4xurricular achievement. In taking forward our straie&v .. - r¢view and krKhmaTk tl S¢h(x)I's a¢a(kmi¢ 4'llahL% th1n8 p1¢¢% arnl ¢xamination r¢sults ¢n5ur¢ ih¢ ran8¢ ol'cfrcurri¢ul4r aclivilies avallable io our pupils Is stimulatift8 chall¢ngift8 - invesi In technology aThJ ihe infr&stDxture of our Seknl - contin io review a1 develop out methds for awatdin8 bwsaries enswe xcess pupils from all backgrounds In the loc area A¢¢ess Polity It ili Importunt to u% ihai 0¢¢ess w the ed4¢10n offer is Mi restyict¢d to con 4tTord our fees. We believe our pupils benefit from leaming Hithin a diverse community A greai deal of leaming <XCUTS through social inrdclio conycrsaiion aThl shared experiee$ helps OUT pupils develop an UTMlerswMlin8 of the perspectives of other pcoplc that will be vita] In their aduji livrJ. Our bursary p)Iy ¢ontyibui¢s io a wid¢nin8 of o¢¢ess ¢dwation Mr otTer and fa¢iliiies enjoy. Bursary Policv I'hL 'I'TiLSILL% VIL'W our bwsary aHwds as irnwrlart in helpin8 lo ernwe children from families NIX) WDuld o¢herHryse bc ablc lo alTord the fees can acce55 the edwa11 offer Our bursary aOrdS are availablc to all mcct our general ¢n¢ry requir¢Trnts al are made solely on trwis of porentsl means or to relieve haTdship MhcTe a pupil'5 educdiion dnd rUre prospects Mrjuld oihen4qse be risk for example In the case of rCdundaY In ussessing means wt take a number of facrS In consM1ei0n IlUdIng family IOMe, InveMentS and Savings #NI familv CiTcumstsnces for example depeThJant Telaiives and the numbtr of siblings HoHtver. our School d(s noi have a large endowneni and In fundin8 our ad$ have to be mindful that must ertsurc a be1n fce-payin8 paTLnts. many of whom make considerable personal sacrifices lo fuThl their chikl's ¢dallOn. aThJ ihose benefilin8 from th¢ ardS The bursary owards rarEe from 5% 1(KP/• remission of ftts. In the year Mr amwded 4 dillOnal bursaries at avera8e of £12.(KK)pa exh We 50 have a hardship fu1 ilmt supplemerts bwsary amwds lo pay for co<urricular activitK& equipmeni and School trip5. Informalion about fee assISte through bursaries Is provided to ¥411 aFvII'Ln8 lo thc SclKK)I We also advertise the
w¥rds c¥¢h summer in itr¢ press aThJ a¢ IIKal Iibrarjes Furdw detsils of ow iMWW wlicy and IM)W to Opply are
available on our wrbsitr. Thc succes5 of our bursary scheme is eXplaid in our review of xlivilies and xhievements section of this report. Details of bursary awards are 50 set out in rK)te 5 kn the accowJl5. ibllng Diseothnts Pollty To underline the i'alue Mt place cofflinuity for families *t offer SY. disco1 for the secotml child aThl IOV. discouni for third child. wthere parents have more than child at the Sclwl.
The Lltsyd Il"illinbtsm Sch Foutsdiiti Report of the Trustet5 for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 FII'I'I'RE PLANS Th¢ CEO int¢rKls io contin th¢ir ¢urr¢nt Strat¢ of maintaining th¢ S¢lMxJl's position in a ¢0Mtil]v¢ mark¢t by inv¢s1ing to PfQVLde high qualLI)' education for ow pupils aim for 2022-2023 is lo IncTcas¢ pupII numb¢r& mostly full fee paying pupils &8 our futwe plans Mill be fiM*ed wimarily from fee Lrtome. Achievin8 a high staThJard of &wJemic results is a conan1 aim mainiainin8 the breadth dewh of the educalion provided. The Senior Le&lership Team io review ¢urriculum ensure thai educatio1 q1]riCalL08 remain approprwte for our pupilg development. The Tnjstees view our bursary aw•rds as imponanl in SUF11n8 the local community. Homtver. no further bursaries can granted for 2022-3 until pupil numbers aTMI fee income rise. I'RI'(.TIIRE. G()VERNANCE AND %lANAGE%lET Govtrnittl dotumtnt 'I"hc Lhariiy is Lontri)Iled by its 8overnin8 thKumenL a deed of t aThl co[.(t¢S an InCorrated charity. Recruilmf nl and 4PPOiDtmenl of ¢rSIteS l)urinb ihL %L<ir% ?O??.?0!4. the TTiL%teL'S will b¢¢onK G0venr$. Mor¢ Gov¢nx)rs will s0 b¢ soughi. Mqth Il Imp()rtsni #Itrib¢ of a p&%%ion for lh¢ w)rk of the SclM)ols tt1 an ur¥JerstsrKling ufedwaiion &s a holL51ic and round¢d experience 01.[nal 0h. Trainin8 will s)1 atyl Fyovided w the TnjeeS as tw trar6ition Governors. whe p055ible. the ski115 and experience of the Bwd Should comprise the followin8. - A (iovernor with a le8ai ba¢k8rwMI - A (ioi'ernor wilh d fInKid11cOUming b¥k8row - A (iovernor with education experience . A CJovcrnor wÈth senior mana8erial or busi&$ expericrKe . A (iovcrnor Miih cxwKrKc of equal opportunilies or disability needs - At lcast one f¢mal¢ CJov¢rrKJr ar¥1 at l¢a%t on¢ mak Gov¢[r One Governor may have OK or nxye of th skills. -l-hc Cl-'OICovrrfincipal ov¢r5c¢s the recruitnnI of all stslT. uthilst uThJcr dclcsated auihority bur&ir OVCTSCCS the recTuilment ol" adminislrative aj non-t&%hin8 suprMIrt stair. 'rhe CEOICo-PTincipd and Head of AdmiThlBursaT are invited io atte1 TTWttts' meeling5
The Lltsyd Il"illinbtsm Sch Foutsdiiti Report of the Trustet5 for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 SI'RI:CYIIRE, GON'ER%ANCE AND %IANAGE%IEliT Exeeutii'e Lfadersbip Personn¢l ThL "frusteLS, are rL&pofLtsJblL tor overall mamgement aThl c(mtrol of the Lloyd Williamson Sctrthls FouThJation Ch#rit%' and meet ten limes a year. The work of implemeniing nM)St of their w)licies is carried out by the CEO and the Head of AdMIBurSar The SclKrtII Bursar is res81ble for ¢[rdinatIng the Mork of Trusttts. prepamion of papers and mana8emcni accounts aThJ the re¥be. of malters arisin8 AII tTUSt¢¢s give of th¢ir tim¢ fr¢¢ly aTMI TK> r¢mun¢raiion or ¢xp¢ttse% Mere paid in ihe year. No Trustee N person ortn¢ct¢d Wlih a Trustee received any beri1 from m¢aAS burwi¢s aM?rd¢d ¢0 ow pupils Key Managtment Personnel CLO aThl Co-prhTYipal IHead Tethrl- Lwy Meyer Co-prirKLpal - Aaron Williams The Trusiees consider thai they. togeiher 1th the cEOICo&PTiIpaI comwise ihe Key Managemeni Personnel. The I'rustees give ofiheir lime freely a1 ihe CF.OICO•prilpa1. Luc}. Me)'er. cut]Y [k$ as a %'olunleer. Pay is Sei by the CEO u51ng the folloMin8 crileria". nlllure DI. IIK role #Thj responsibilities cOMli10r saiaries in the regM)n - thL' secior average salary for comparable &1511101Kl t[cJS in pay Declsititt m#kith% 'I'hL -fntstees detem)ine general polith. of Sch)[ The day to daj. mnninB of ihe Sch(1 is dellated lo th¢ CEOICprinCIpaI suptsed by senior sthff She undenakes key le&Jership role overseeing educational. paSra7 aThJ administrative funclions in cOulta1]0n with the senior staff. Risk mlln•g¢m¢nt In ()ur opinii)n. Lloyds WilliaMn Sch1 hls esthblished robuA p)licies and procedures io address key risks und monitors perf0MnCe. aH8re of changes In risL iluding personnel veilin8 sysietn8. M4)ich under Mmial co1111nS will serra1 and specific risks in its day lo da). opertans lo be mitigated io an acceptable level. A key purtKJse of Ihc 'l'ru51 Corrrt)ration is to provide a la)'er of protcclion lo persons actin8 as GoverS. 50 that Mt can reducc thcir peTsonal liabiliry under Th)mMI circums1¢5 lo attract the very 8overrK)rs wih the ldest ran8e of professional skills a1 ¢xExr*n¢¢. The TruMees are resporL8ible for the oversttin8 of risks faced by Scknl. lkniled considerations of risk are dele8aied to the Senior Management of the Sch1 Risks are hleniifbed. assessed and conirols emablished throu8houl the ycar. A foTmal rcvicw of the charily S Tisk managemenl proc¢s5cs Is undcTtsk¢n on an annual ba51s Risk Is rnanagcd under headings of finla[ swlainabiljty. sclKKTrI &ifets'. studenl Mrlfare. employment, xkn)I tTIP5 and events arNJ Community a¢¢¢ss. REFERENCE AD AD%II%ISTK4TII'E DETAIIS Rt%i$ttred C'harity Trumbtr 1193132 Principl #ddrt Lloyd IllilliJmson SclKMyIs 12 Telford Road London W105SH
The Lltsyd Il"illinbtsm Sch Foutsdiiti Report of the Trustet5 for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 Trustees Dr L F Yahaya lappointd 31.3.211 Ms R S Lawlan lappoLnt¢d 31.3.211 Ms C Vau8han lappoinied 31.3.21) Auditors Harris lacey aThl Sain Chart¢r¢d Accountsnts aNI Stsluw ALKlityrs Suite I The Riverside Buildin8 Hessle l-.ast Yorkshire HU130DZ TATLMLNT OTr I"RI'STELS' RLSPO)SIBILITIES The truseS are responsible lor preparin8 the RetK)n of TrUte$ the financial statements in acCOrdae with applicable law a1 Uniied Kin8dom Accoumin8 slards Iuniied Kin8dom Gener1% Accepknl Accouniing Praciicel. Thc la applicablc to charities in EngiarKI Wal¢& tlr Charrties Act 2011. Charity {Accourhts and Reports) R¢bJulations 21)08 and the provisjons of the tr1 deed requires the irLL%t¢¢s io pr¢por¢ finan¢i#l stsiem¢nis for ¢aLh rinkU)cial year wthich give a tr aThJ fair vi¢w of the state of alTairs of lh¢ chrity atul of tk imIn8 r¢sourc¢s aj dppliLaiion of resourtes. inclLyJin8 the itome aThJ exEIlLUre. of th¢ charity for that p¢rioJ. In preparing Its¢ financial slaiLmenis. the inle¢S are required 5el¢cl suitable accoun¢ing p)lic5 aNI alY them wjsistenity. obscrvc Ih¢ m¢ih(KJs aThJ principles in Clwri¢} SORP. mdke JUdeMents. dThJ estimas that are re&wMble and prLthnt. stale Mtheiher applicable acCoU1n8 AaThJards have tren follomtd. subjeth ts) any material departures disclosed gnd explaincd in ihe fInar1 stalemeni5'. PTcpaTe the financial Sthments on the 80in8 Coern baw's unles5 il is inappropriale to presume thai the charity will ontinu¢ In bsIn¢S% The tnteeS are resportsible for keeping proper accountir8 records Mthich dilOse With reasonable occuracy at any time Ihe financial tsx)siiion of ihe charity and enable tM 10 ensure th finala1 staiements comply thiih the ChaTilies Act 2011. Ihc Charity IAccounts and Rew)rtsl Re8ulations 2008 aThJ the PTovisions of the trust dced 'l'hey arc also responsible for safeguardin8 ihe a&sets of the charily aThl hence for takin8 reawnable 51eps for the Prevention and delcction of fraud and other iTregularili¢s. 2S10212023 Approved by order of tA)ard of trtte$ on . Siwxd on its behalf by." rLFY va- Trustee Pag¢ 10
Rert of tbt IndepeDdtDt.4udilor5 ID ihe Trustee5 of The Llo)"d Il'illim50n Schools Troundalio OpiDIOII We have audited the fiTwKial statements of The Lloyd Williamson Schools Foundation (the 'Charit) for the period ended 31 March 2022 which comprise the SeMeM of FirwKial Aciiviiies the EJalarKe Sheel. Cash Flow Semen1 and TrI¢S to th¢ financial 5tat¢ThKnt4 i]ling a summary. of signifKant xcounting w)lici¢s. Th¢ firw¢ial r¢porting fTamewYTrrk that h&s en applicd in tIKiT preparalion Is applicablc law aThJ Unitcd kingdom Accounling Sthndard5 United Kingdom Gener]Y ACCeed Acc(wJniing Praciicel. In our opinion fina id statements.. give a true aThl fair view of the state of the charl5 affairs as at 31 March 2022 aThl of its IoMIng rewurces and application of resources foT rIOd then eTMJed. huv¢ b¢¢n prOrIY pr¢pared in accorda¢ Uniied Kingdom Generally A¢¢erned Acc(yuniin8 Prncii¢e, arnl Iwv¢ prepared in ¢ordwe with r¢quir¢m¢nts of tl CIwLlies Ac¢ 2011. B#sis for OPiniOD We conducted ow alIt in accordance Mith Interwional Sthtmjards on AudJtin8 IUKI IISAS IUKII and applicable law. Our r¢Sn8)bilitieS uThYer ihose &andards are futhr d¢%ribed in AJItOrs, rc5P()nsibililies foT the audil of t rinun¢io1 sleMentS s¢¢tion ofour r¢wrt We are Irxl¢p¢Nl¢ni of tlK charity Ln ¥¢orde wth ih¢ ¢ihi¢al r¢quir¢m¢nts that are [eleva to our a11 of the fina1 statennts in UK, I11n8 FRCS Ethical StaThJaid, and Ht hav¢ fullilled OUT other ethical resFonsibilitics In accordarKe Mith these requirements. We believe thai the a111 evidence have obthined is sutTicient and ar4yropriale to provth a b&sis for our opinion. MAleriAI unctrtiDty rtlted io going W¢ draM atteniion io Noie I In ik fInardI sthiertnts. th&i¢h wl¢#I¢S tlr ¢h8rity is depernlent on supp)n of significartt domr. In order cofflIn as a going concern. Our opinion is lt mJIrd in resp1 of this matler ()Ihtr inform•lion 'I'he trLLsieLS dre respo41ble for the otr informalion The otr infom)ation comprises the infom)ation in¢lud¢d in t Annual Report. other than ilx fInala1 ststrments aThJ our Rewn of the IndeJen1 AliorS thereon. Our opinion on the financial SheMents does ml cover the oilrr infonnation aThJ. exceprt the exieni otherwise ¢xpIL¢ltly stat¢d in our r¢ryJrt. do not ¢xprcs5 any forni of as5urJrK¢ WIKI10ft ikreon In conneclion with our alt of the fInar1 statements. ow respo%bilIty is to reod the other inforn)alion ond. in doing SO, LonsideT Mthdher other inforniaiion is maierially ItKonsi#e Mith the fInKIal staments or our kMwledge obiaincd in the audit OT Othcrwse appcars lo be maleriall). misstad If identify such material Inconsislencies or apparent materlal mis51aiement& are required to delerniine thther thls gives rise lo a material misstatemenl in the financiaj 51atcmcnts theMly¢s. If. bad on the have rformed. corlUde ihat the 15 a malcrial missthiement of this olr InforMlOn. are required io ¢lw (. We Iwve rKthin8 to repon In this re8ard. %l#tttrs on which wt rtquittd to report bi tx¢tptio• WL have nothing io retx)n In res1 of 101101n8 M[S Wre the Charities (Accounts and ReFKwtsl Re8ulalions 2008 requires us to retort to you if, In our opinion.. Lnformation given Ln Report of the Tru5tttS 15 IOnsi51¢nI in any malerial rewt with the finan¢Lal statemenis, or sufficient accounting records have Mi been kern: or the financial Aatements are noi in agreemenl ihe accouniin8 records aThl retry or r have not received all the infomution and explarotioAs require for our audit. Page 11
Rert of tbt IndepeDdtDt.4udilor5 ID ihe Trustee5 of The Llo)"d Il'illim50n Schools Troundalio Re5POll5ibilities of trustee5 As explained more fully. In ihc Sthtement of Tntt Re5ponsibilrties. the trustees are responsible for the preparation of the financial thments thIch ve a true and fair viem.. aThl for such Iniemal conwol &$ the trus5 delemiine is n¢c¢wry lo ¢nabl¢ the pr¢parati of finwKial sWarKnts arc fr¢¢ fr(Trrn mat¢r]al misslat¢m¢rt, to fraud or erTOr. In preparing financial stsiements, tres are reS$]ble for assessing the eharity's ability 10 coniinue &8 a going conLern, disclosin& as appliLable. mailers relaied 80ing CotM and using the going concern basis of accouniin8 unless the trusttts either inteThJ to IwuHl*e the charity or to cease operatiorA or have no realistic alternalive but to do Pag¢ 12
Rert of tbt IndepeDdtDt.4udilor5 ID ihe Trustee5 of The Llo)"d Il'illim50n Schools Troundalio Our rtSP0Th5ibilitie5 for the audit o( tbt fingnrial sltemeDt5 We habe been appoinied as audiiors uThJer Seciion 144 of the Charities Act 2011 report in xc0rdac Mryth the Act and relevant regulations m&le OT havin8 elTeci ihereundeT. Our obJectiv¢$ are to obtsin resonable assura¢ aFrt)u¢ fift1#1 $14tements &% 4 Mthole are free from material miSs¢atennI. thether due to fra or error, and to Lssue a Rew)n of IndepeThJent Audiiors that includes our opinion. Reasonable assurance is a high level of urae, is )1 a guaranttt thai an a11 cOndted in accordance with ISAS IUKI will alM3ys deci a marial misstsmeni it exisis Missthiennis can arise from fraud or error and are considered material if, iThJiVidIY or in the aggregate, tlw, could reasonably be expected io influence the economK declon$ of users taken on the basis of firwla] statements. The ext¢rtt to whL¢h ow w(Kedur¢s ¥r¢ wwble of ¢k¢¢irw Lrr¢guI"tsc1 i1ing fi¥wl is d¢tsil¢d below. We identify aThl asse&8 risks of mater1 misslaitment of the fin18] staiements. Whether due to fraud or error. aTrl then design aThJ perform ali1 procedures responsive to risks. InCIlIng obthining audit evidertt that is suificient and appropriale to provHk a bas for our opinion. Identifving 1rtd &s5essin8 IXTrtentI risks related to irreBularilie5 In identifying and assessin8 risks of maierial misstaiemeni in res1 of in¢gulariu¢s. jw1ling fra1 9j non4ompliatKe wth lawts and re8all0 c£Slered the followin8'. Audil r¢5ponse io r15k5 identified - the nature i)f thc Lndustry and xctor. control cnvironmcn¢ busirtss perfomwe including key drivers for directorf remunerdtion. bonus levels and rforniae tsrgets - resul. ofour ewuiries of Nna8emeni aThJ iheir identificaiion aThl aslent of th¢ risks of irr¢8ulariii¢s' . any malieTS Kjentified havi obtained a1 reviewrd the companiel documenlalion of their policies and procedures relatin8 to.. - Idcnlifyin8. ev4luaiing cMiplying with lams aNI regulatn$ wd aMor¢ of any instsnces of nonc()mplianc¢. - deteLiin8 aThJ respoThJin8 to the risks of fra1 they have kTh)Nled8e of any ttl. sUSd or alleged fraud.. . the intcmal controls cs¢abli5hed to miti8ate Ti5ks of fraud or Tx)n•compliance ryth la5 and Te8ulations'. - the matters dLfjcusscd among the audit engagement leam IlUdIng regarding how aj Mthere fraud mighi occur in the financia] slatcmenls aThJ any iThlicalor5 of fra1. As a result of Ise pro¢¢dw¢s. Mt ¢OThSEd¢r¢d oprA)rtunities ir*entLV¢S that nwy exist WLthLn OrnLlOn for frdud aThl idethified the greatL wtial for fraj in Telaiion to revenue defeTTals In comnx)n 1th all audits under ISAS IUKI, are also required io rrOmI specifK procedures lo re¥MyMI io the Tisk ofmanagemenl override. Wc also ohlain an uThleTs¢andin8 of thc legal aNI regulalory rTaK)rk$ that ihc cornpa opcralcs In. focusing on provisiotts ol'th05e law5 aNI re8ulalLons that had a direct e(feci on detemiination of material amounts and disclosures in the financial statements The key laHs aThJ regulatll$ cortsthTtd in thi8 context iTxluded the UK Companies Aci IIK LorpoNi¢ (loVemae Lode atNI local tax legIaLlOn. In addiiion, considered provisio$ of other la5 aThJ Tegulations that do not have a direcl effed on the financial statements but Compli¢ with wthich may be fintaI kn the companls ability lo operate or to avoid a material nalty Audit respotLse io risks idemified A further descriplion of our reswlsibilities for the a111 of the fin sthtements is k)cated on the Financial RerM)Tting Council's website at www.frc.or&uklalitorSrc5&L$lblllts. This descriplion f(Yms part of Report of the Ind¢Tleft1 Audilors Pag¢ 13
Rert of tbt IndepeDdtDt.4udilor5 ID ihe Trustee5 of The Llo)"d Il'illi*m50n Schools Troundalio Use of our report 1.his report is made solely to the charitys trte¢s. as a I.. in aCcOrdae 7th Part 4 of Charities {Accounls and Rewnsl Regulations 2008. Our audit has undenaken so that might stste to the chariws irustees ihose matt¢rs ar¢ r¢quir¢d 10 5tal¢ to th¢m in an auditorg r¢ry>rt and for otlKr pu[w. To th¢ fi1¢5¢ ¢xL¢nt tKrmitt¢d by law, do not acccpl or a55umc rpTr81b11Ity lo anyon¢ than charity. and chaTIt)'s truste¢s a5 a body, for our audli work, for this reTX)rt, or for the Opin% wt have fomied. Harris i¢Y aThJ Swain Chart¢r¢d Accountrnts ONI Sta¢uts>ry AlOr$ Suite I 'I'hL Riverside Buildin8 Hes51e East Yorkshire HU130DZ Da¢¢'. Pagt 14
The Lltsyd Il"illinbtsm Sch Foutsdiiti Statement of Fin•D¢il.4cti%ilie5 for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 Unrestricted rund INC.,OlE AND ENDOW'MENTS FROM Dundtions and legacies 659,728 C.haritablt attiviliej uition AlIlary 1.010.361 13.297 Tot1 1.683.386 .XPENDI'I'I'RL OP4 (.'h8ritgble B¢tii'ili¢s 1.487.164 Other 24.746 Tot*1 1.511.910 NET IliC'.OME 171.476 TOTAL FIINDS CARRIED FORII'ARD 171.476 The notes fonn of tlw fina1 statements Pagc 15
The Lltsyd Il"illinbtsm Sch Foutsdiiti Balxnfe Sheet 31 M4rrh 2022 Unrestricted rund FIXED ASSETS Tdngible etS 48.832 CIIRRF.NT A&SF.TS Debiofs Cash ai bank 10 184.971 39.579 224.550 C'RTr:DITQRS Amounts failing withi'n one year 1101.9061 NET CI'RRENT AETs 122.644 TOT..IL..I&SETS LE&S CIIRRENT IIBII.II'ITr.Si 171.476 NET A&SETS 171.476 FIINDS IlnrLSiricied fuThls 12 171.476 TOTAL FIINDS 171,476 The financid sthiements Mtre approved lry the 0rd of TrteS autlM)rised for issue on .. arMJ Ire sI8d on its belf by.. L F Yahaya- I"rusttt The notes fonn of tlw fina1 statements Page 16
The Lltsyd Il"illinbtsm Sch Foutsdiiti Cash Flow. SiatemtBt for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 Notes C&sb Ilow's froJD opergtiDg arti%'ilYs Cash g¢n¢iat¢d Irom op¢raiions 104.689 Net cth provided by opering l¥ll1eS 104.689 CAsh IIow'5 from ini'eslini attii'ilY5 Pur¢hw i)I'l1n]l4 lix¥d i%s¢ts 165.1101 Net cash (used inyprovidcd by inveAin8 aciiviiies 165.1101 Chrtie Its tAJh thd ¢sh t4&v#ty I Ihe reportin% ptriod c.ash •nd ra%h equii'ltwt$ ai ihe beginDiDg of ihe reporti•% period 39.579 CAyh #ttd equtvlttJ 1 Ibe end of the reportinR period 39.579 The notes fomi w of tkne finattol tennts Pag¢ 17
The Lltsyd Il"illinbtsm Sch Foutsdiiti -Nfjte$ lo the C•sh Flow Statement for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 RECOliCILIATION Ofr %LT I%COIIE TO NET CASH frLOW' FROII OPERATING ACTIVITIES Net Intomt for the reportithi period {s per Ihe Sitemethi of Fi#neil Artivitit51 Adju_stmeffjts for: Lk'prLLiaiion Lharges Incre in debi in creditors 171.476 16.278 1184.9711 101.906 Net easb provided by optrtios 104,689 ANALI'SISOF CHANGLS IN NET FI"%DS At 18.1.21 Cash flo At 31.3.22 Cash #i bgnk 39.579 39.579 39.579 39.579 Tot41 39.579 39.579 The notes fomi w of tkne finattol tennts Pag¢ 18
The Lltsyd Il"illinbtsm Sch Foutsdiiti -%otes to the Fin•D¢il Si¢ements for ihe Period 18 Jnurv 21121 to 31 M•r¢h 2022 IATERIAL I'NCLRTAIYTI. RELATED TO GOING CO%C'ERN' The Chan"ty made a surplw4 of £171.476 dwing Y 10 31 March 2022. This was ailer receiving a significani donaiion of over £500,(XM) WitkM)Lrt this donaiion the charity wY)uld have Ired a loss. The 5uppori of the donor is expecd to continue for SO years and the charity is depeThlani on this support in early years of operaiion. wit1[aal of ihe support w>uld si8nilicanily impaci ol. charii>'s abiliis. io coniinue as a Goin8 Concern.The Tntt5 are confidert this will conlinue. AC'.C'.OI'NTING POLII'.IES B•si8 0(prenl the financi•l staftmtnts Thi lir11 %iaiLminl.% ()l- I. cKyiii". iihich is a public berit enlity uThler FRS 102. have ixen prepared in cordwKe with the Clwilies SORP IFRS 1021 'AcCOling arKI ReFoning by Charilies". Statement of R¢comm¢nd¢d Pwii¢¢ appli¢abl¢ to ¢harili¢s pr¢paring their a¢¢ountS Ln a¢¢ordan¢¢ th¢ Fin¥rn'Lal R¢portLnB S¢#rMtsrd oppli¢abl¢ in UK R¢publL¢ of Ir¢larnl IFRS 1021 l¢ffrfiiv¢ l January 20191,. Financial Reporting stalard 102 'The Finala1 Rep)rtin8 SthThJard applicable in UK and Republic of Ireland, and ihe Chariiies Aci 2011. 'The financhii alements have been prepared under the historic Cost convention. ltheome Income rtt¢iv¢d for servi¢¢s provided is &eounted for on an ¥¢rlS basis C&sh donaiions. Bifts and 1¢8¥LLies are itKluded in full in income aThl eXndI1UTe account as are received. Any significant non•cash donations arc incIled in the Income and expendiiwe accouni at the emimaie of their markel wal when received. The yuc of voluntary help is TKrt Iluded in the xcounts. Grants oih¢r fundin8 of A r¢v¢nu¢ nature ar¢ deferred atNI r¢le&d to the iOme aThJ ¢xpeThJiiur¢ ¢oUnt over the period Ml)ich rdatr. Bank Int¢reA 1$ i1th in the in¢ome aThJ ¢xpeThJiiw¢ Cou on an cruals b&sis. Exptnditure Llahililics arc rrtogfti5ed as eX111yre as as there 1$ a legal or wn51rlIvt obli8alion committin8 the ¢harity 10 thai expeNliiure. li is probable that a Irart8fer of economic trnefits Hryll be required In seiilemeni und the am01 of1 obli8diion can be me&8ured relmbly ExpeThJiiure is accoumed for on an dLLnMls basis and h&$ ien classified under tlklt aggre8ate all cosl relad io the calegory Where costs ¢anrt be directly attTibuted to particular IwAlin85 tly Imve allocated to activitKs on a basis ¢(]51ent wilh use of resources T#nRible fixed #Jyety DeprLLliiiioll IS Provided at the following ann] ra in der to olTexh assd over its ¢IMated efUl life. Fixtures and fitti Comput¢r ¢quipnKn¢ 25Y• (Ni eosi 25°h on ¢os¢ Txitio The charity is exempt fr(Kn tax on its charitable activities. Fund ctounlittg Unrestricied I'uThls can b¢ th in 0[dat with the charitsble objectives at discreiion of the tnL8tees. Restricied funds can only be used for particular restricted pw[rt thithin the objects of the chanty. Restriclior6 arise when s¢Ifd by the donor or when fiMMls are raised f(K particular restTbcd purposes. Further explanation of th¢ Tmtute a1 of ¢h fuTMI 15 ilU[d in [Ke5 to the fina[1 Statennts Pa8¢ 19 ¢Onttnd. .
The Lltsyd Il"illinbtsm Sch Foutsdiiti Nolts to tht FiDD¢i•I StaleDYnts- fonlinwed for ihe Period 18 Jnurv 21121 to 31 M•r¢h 21122 ACCOI'YTING POLICIES- ¢o•tinutd Penilom Costs #d other post-retiremenl btnefits The Lhdtit%' UraI¢S 41 defined coniiibulion pen510n SC1Me. Contribuiions payable io the Charitys pension scheme are clwged io the Staiemem of Finla1 Activities in the rKj Mthich tlw relate. FiDaD¢i•I in51rMeThI5 Financial illstnJrn¢nt5 are ¢lwifi¢d and ¥¢(MJnd for. a¢¢ording io tl Substa of tk ¢ontra¢tuaJ arrang¢m¢nL &8 finala1 assets. financial liabilities OT equii). iThstruments An equii!. insirumeni is any contr1 ihai ewidenLes a residual interest int he a8seLS of the company after deducti all ofits liabilities. Trade aThl other debtors are reco8nised init1]Y al transaction price less altribulable Iransaclion costs. Tr&le and other credLlor5 are recognd an injtial tranwtion pricc plus attributhble trarsaction costs. Subscqucnt to initial r¢¢ognition th¢y ar¢ m¢asured a¢ anx>rtised ¢osi lfi8 ¢ffe¢tLV¢ irller¢si th(l. less an LmpaLrmeN 105$ in th¢ ¢lLS¢ of trad¢ debtors. ArcounliDg I'stiffjale$ The preparation of the finwKial sements requir rnanagcmcnl to make judgern¢nt& e5timat¢s and as5UrnPtions that dlTeci th¢ amounis rewi¢d This inclth ¢lMiice of d¢preciaiion meth(xl appliLd 10 fixLd 18S¢ts provisM)fLS for 1¢8¥i¢s Th¢s¢ ¢stimaS aThl Jgennts are ¢ontinLAllTr r¢viewrd are b&%¢d on exricn¢¢ and other factor& itl11n8 exFeCtsiions of rUre eveNS thai are believed (o be reasonable uThJer the circumsthnccs. DON.4TIONS AND LEG.4CIES Gitls Donations 52.443 607,285 659.728 INCOIllE FROII CllIlRITABLE ACTII'ITI Activity Gros% F¢¢s from Parents aNI fjuardiarts Covid Job Rention Scheme Grani Rent IrK(Kne Tuilion 985,920 Tuition AlIlary 24.441 13297 1,023.658 Pa8¢ 20 ¢Onttnd. .
The Lltsyd Il"illinbtsm Sch Foutsdiiti Nolts to tht FiDD¢i•I StaleDYnts- fonlinwed for ihe Period 18 Jnu*rv 21121 to 31 M•r¢h 21122 CHARITABLE ACTII'ITlkS COSIS Supwrt Costs Ix¢ note 61 Dir¢¢i Costs Totsls Tuiiion Costs 1.420.992 66.172 1.487.164 SIIPPORT C'.OSI¢i G0venMe costs Management Totsls Othcr rewuTces expended Tuition Costs 8.468 .726 8,468 66.172 57.446 57,446 17,194 74,640 TRiisfEES' REIIIINERATIOI A%D BENEFITS Th¢r¢ Mtre no tyus¢tt$' remuneration or tr¢r berIts for ik [lod ¢th 31 M0r¢h 2022. Tru%tees' expenses There wtre no trwtee5' expenses for the peri(NJ ended 31 March 2022. srAFF COSTS Wages aNI salaries Social sff uri¢y costs Other P¢10n cosls 601.545 41.316 11.282 654.143 The average monthly number of employtts durin8 the periiKI &$ folloms.. K¢y Personnel Admin General 30 33 No employtts received ¢nlumenLS in exce of£fA),(MM). Both ihe CEO aThl cO•Pri1PaI are volulttrs ¢kn't take a salary from the sclx)ol. Pa8¢21 ¢Onttnd. .
The Lltsyd Il"illinbtsm Sch Foutsdiiti Nolts to tht FiDD¢i•I StaleDYnts- fonlinwed for ihe Period 18 Jnurv 21121 to 31 M•r¢h 21122 TANGIBLE Tr"IXED A&SETS Fixturcs and ritiings Computer equipment Totals Additions 62.51x1 2.610 65.110 DEPREC'IATIO Charge year 15.625 6S3 16278 NTr.I' BOQl% I'ALiIE At 31 March 2022 46.875 1.957 48.832 io. DEBTORS: AIIOI1NTS FALLING DI'E M'ITHI ONE I'EAR TradL debtors Other debiors Prepayments a¢¢rued iome 176.135 821 8.015 184.971 CREDITORS: AMOI')I TS FALLING DI'E M ITHIN ONE I'EAR Tdxaiion and Sla1 s¢¢wity (Aher Creditors 21.753 80,153 101.906 12. MOVLIILNT 1% frIINDS Net movement In fwK15 At31.322 I'nre.¥tritltd f4nds UnTLsiri¢icd 171.476 171.476 TOTAL FI'NDS 171.476 171.476 Net movement in furKls. iluded in aiK)ve are as follow5.' lJKomin8 Resources ex ed Movement in fimds linre3lrifttd f•nds Unr¢5trict¢d 1.683.386 11.511.910) 171.476 TOTAL FI'NDS 1.683.386 171.476 Pa8¢ 22 ¢Onttnd. .
The Lltsyd Il"illinbtsm Sch Foutsdiiti Nolts to tht FiDD¢i•I StaleDYnts- fonlinwed for ihe Period 18 Jnurv 21121 to 31 M•r¢h 21122 13. EMPLOI'EE BENETrIT OBLIGATIONS For our ¢ea¢hing 4rxl supwt aff offer 4 defiml conlnixrtion $cme thh is operaied by Nest, will meet any future liability 14. RF.I.A TF.D PARTI. DIS('I.OSI'RF.S Includ Ln r¢p3ir5 and r¢rrwdls ar¢ amounts paid io the k&tm&sters husband for Workn1p utsjertsken th¢ sclK>ol. th¢se tr#rwclioN% iotall¢d £44.276 00 trartsactiorts Htre at amts lefth. Pag¢ 23