Trustees’ Annual Report for the period
From Period start date To Period end date
Charity name:
Charity registration number:
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | OBJECTS The objects of the CIO (theObjects), which shall be carried out for the public beneft, are the advancement of educaton in partcular but not exclusively by: (1) Providing afordable classical Christan educaton for children and young people in the Midlands. (2) Supportng the establishment of further classical Christan schools in England (3) Training and equipping providers of classical Christan educaton in England |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
- Running of The King Alfred School. Providing a full -time education to children age 3-13 years. - Providing a high-quality education rooted in the classical Christian tradition at a low cost to allow social mobility, access to school for low income families via bursary. THE CHARITY'S OBJECTS, WHICH SHALL BE CARRIED OUT FOR THE PUBLIC BENEFIT, ARE THE ADVANCEMENT OF EDUCATION IN PARTICULAR BUT NOT EXCLUSIVELY BY: ADVANCING THE RESTORATION AND |
| PROVISION OF CLASSICAL CHRISTIAN EDUCATION, MODELLED ON THE IDEALS OF TRUTH, BEAUTY AND GOODNESS, FOR CHILDREN AND YOUNG PEOPLE IN THE MIDLANDS MAKING HIGH QUALITY CLASSICAL CHRISTIAN EDUCATION ACCESSIBLE TO AS MANY CHILDREN AND YOUNG PEOPLE AS POSSIBLE, BOTH IN THE MIDLANDS AND BEYOND SUPPORTING THE ESTABLISHMENT OF CLASSICAL CHRISTIAN SCHOOLS TRAINING AND EQUIPPING PROVIDERS OF CLASSICAL CHRISTIAN EDUCATION BOTH IN THE UNITED KINGDOM AND OVERSEAS. - |
||
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have regard to guidance on the charity existing to be in line with what the charity commission deems to be a public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | Grants cam be made to individuals’ charities on the basis that they intend to set up or advance classical Christian education. Grant priority is to establishments in England, powers allow gifts overseas. |
| Policy on social investment including program related investment |
Para 1.38 | n/a |
| Contribution made by volunteers |
Para 1.38 | n/a |
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | - The King Alfred School charity is successfully operating as England’s first school dedicated to the revival of classical Christian education. - The school has managed to grow its student count in the accounting period. - The school has achieved two Ofsted inspections and has been granted an age range extension. - The school has successfully led conferences to equip other schools to start. |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
n/a |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | n/a |
| Investment performance against objectives |
Para 1.41 | n/a |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | See accounts attached |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We have reserves of £50,000 which is ring fenced for a building purchase. A specific donation was made for building use. |
| Amount of reserves held | Para 1.22 | See accounts |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n.a |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
- Fee income - Donations |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | n/a |
| A description of the principal risks facing the charity |
Para 1.46 | Change of government vat implications. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution, deed, objects. |
| How is the charity constituted? (e.g. unincorporated association, CIO) |
Para 1.25 | Charitable Company |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | All trustees can propose suitable candidates for board. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
n/a |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | n/a |
| Relationship with any related parties |
Para 1.51 | n/a |
| Other | n/a |
Reference and Administrative details
| Charity name | The King Alfred School |
|---|---|
| Other name the charity uses | n/a |
| Registered charity number | 1205567 |
| Charity’s principal address | The King Alfred School Lake Street Gornal Dudley DY3 2AU |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| HayleyBowen | Chair | |||
| Thomas Bowen | ||||
| KatyPatla | ||||
| JennyBoot | ||||
| George Burrows | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets n/a held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) HBowen Full name(s) Mrs Hayley Marie Bowen
Position (eg Secretary, Chair Chair, etc)
Date
30/06/2025
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
REGISTERED COMPANY NUMBER: 11910056 (England and Wales) REGISTERED CHARITY NUMBER: 1205567
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
FOR
THE KING ALFRED SCHOOL
Bytheway & Co Accountants Ltd Chartered Certified Accountants Heame House, 23 Bilston Street Sedgley Dudley West Midlands DY3 1JA
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Statement of Financial Activities | 2 | ||
| Balance Sheet | 3 | to | 4 |
| Notes to the Financial Statements | 5 | to | 10 |
| Detailed Statement of Financial Activities | 11 | to | 12 |
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
11910056 (England and Wales)
Registered Charity number
1205567
Registered office
Heame House 23 Bilston Street Sedgley Dudley DY3 1JA
Trustees
T E Bowen Director Mrs H M Bowen Director Ms J Boot Director (appointed 9.10.23) G R Burrows Director (appointed 1.11.23) Ms K Patla Director (appointed 1.11.23)
Independent Examiner
Bytheway & Co Accountants Ltd Chartered Certified Accountants Heame House, 23 Bilston Street Sedgley Dudley West Midlands DY3 1JA
Approved by order of the board of trustees on 11 November 2024 and signed on its behalf by:
Mrs H M Bowen - Trustee
Page 1
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 293,023 Investment income 2 1 Total 293,024 EXPENDITURE ON Raising funds 3 72,220 Other 159,084 Total 231,304 NET INCOME/(EXPENDITURE) 61,720 RECONCILIATION OF FUNDS Total funds brought forward (6,109) TOTAL FUNDS CARRIED FORWARD 55,611 |
Restricted fund £ (50,000) - (50,000) - - - (50,000) - (50,000) |
31/8/24 Total funds £ 243,023 1 243,024 72,220 159,084 231,304 11,720 (6,109) 5,611 |
31/8/23 Total funds £ 185,752 - 185,752 85,534 117,288 202,822 (17,070) 10,961 (6,109) |
|---|---|---|---|
The notes form part of these financial statements
Page 2
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
BALANCE SHEET 31 AUGUST 2024
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 8 23,468 CURRENT ASSETS Debtors 9 700 Cash at bank 70,154 70,854 CREDITORS Amounts falling due within one year 10 (3,990) NET CURRENT ASSETS/(LIABILITIES) 66,864 TOTAL ASSETS LESS CURRENT LIABILITIES 90,332 CREDITORS Amounts falling due after more than one year 11 (34,721) NET ASSETS 55,611 FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ - - - - (50,000) (50,000) (50,000) - (50,000) |
31/8/24 Total funds £ 23,468 700 70,154 70,854 (53,990) 16,864 40,332 (34,721) 5,611 55,611 (50,000) 5,611 |
31/8/23 Total funds £ 17,633 - 18,764 18,764 (3,763) 15,001 32,634 (38,743) (6,109) (6,109) - (6,109) |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 3
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
BALANCE SHEET - continued 31 AUGUST 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 11 November 2024 and were signed on its behalf by:
H M Bowen - Trustee
T E Bowen - Trustee
The notes form part of these financial statements
Page 4
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance Motor vehicles - 25% on reducing balance Computer equipment - 20% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 5
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024
----- Start of picture text -----
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2.|INVESTMENT INCOME|
|31/8/24|31/8/23|
|£|£|
|Bank interest received|1|-|
|3.|RAISING FUNDS|
|Raising donations and legacies|
|31/8/24|31/8/23|
|£|£|
|-|
|Support costs|1,944|
|4.|NET INCOME/(EXPENDITURE)|
|Net income/(expenditure) is stated after charging/(crediting):|
|31/8/24|31/8/23|
|£|£|
|Depreciation - owned assets|7,263|4,410|
|5.|TRUSTEES' REMUNERATION AND BENEFITS|
|31/8/24|31/8/23|
|£|£|
|Trustees' salaries|37,450|16,720|
|Trustees' expenses|
|There|were|no|trustees'|expenses|paid|for|the|year|ended|31|August|2024|nor|for|the|year|ended|
|31 August 2023.|
----- End of picture text -----
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
----- Start of picture text -----
||||
|---|---|---|
|31/8/24|31/8/23|
|Admin|8|7|
----- End of picture text -----
No employees received emoluments in excess of £60,000.
continued...
Page 6
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024
| 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 185,752 - EXPENDITURE ON Raising funds 85,534 - Other 117,288 - Total 202,822 - NET INCOME/(EXPENDITURE) (17,070) - RECONCILIATION OF FUNDS Total funds brought forward 10,961 - TOTAL FUNDS CARRIED FORWARD (6,109) - 8. TANGIBLE FIXED ASSETS Fixtures and Motor Computer fittings vehicles equipment £ £ £ COST At 1 September 2023 27,405 - 7,832 Additions 595 12,375 128 At 31 August 2024 28,000 12,375 7,960 DEPRECIATION At 1 September 2023 13,710 - 3,894 Charge for year 3,245 3,094 924 At 31 August 2024 16,955 3,094 4,818 NET BOOK VALUE At 31 August 2024 11,045 9,281 3,142 At 31 August 2023 13,695 - 3,938 |
Total funds £ 185,752 85,534 117,288 202,822 (17,070) 10,961 (6,109) Totals £ 35,237 13,098 48,335 17,604 7,263 24,867 23,468 17,633 |
|---|---|
continued...
Page 7
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31/8/24 | 31/8/24 | 31/8/23 | ||||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| Other debtors | 700 | - | ||||
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| Trade creditors | 31/8/24 £ 587 |
31/8/23 £ 385 |
||||
| Social security and other taxes | 1,401 | 1,865 | ||||
| Other creditors | 802 | 433 | ||||
| Accruals and deferred income | 51,200 | 1,080 | ||||
| 53,990 | 3,763 | |||||
| 11. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |||||
| Bank loans (see note 12) | 31/8/24 £ 5,500 |
31/8/23 £ 8,494 |
||||
| Other creditors | 29,221 | 30,249 | ||||
| 34,721 | 38,743 | |||||
| 12. | LOANS | |||||
| An analysis of the maturity of loans is given below: | ||||||
| Amounts falling between one and two years: | 31/8/24 £ |
31/8/23 £ |
||||
| Bank loans - 1-2 years | 5,500 | 8,494 | ||||
| 13. | MOVEMENT IN FUNDS | |||||
| Unrestricted funds | At | Net movement 1/9/23 in funds £ £ |
At 31/8/24 £ |
|||
| General fund | (6,109) | 61,720 | 55,611 | |||
| Restricted funds | ||||||
| Building fund | - (50,000) |
(50,000) | ||||
| TOTAL FUNDS | (6,109) | 11,720 | 5,611 | |||
continued...
Page 8
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 293,024 Restricted funds Building fund (50,000) TOTAL FUNDS 243,024 Comparatives for movement in funds At 1/9/22 £ Unrestricted funds General fund 10,961 TOTAL FUNDS 10,961 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 185,752 TOTAL FUNDS 185,752 |
Resources Movement expended in funds £ £ (231,304) 61,720 - (50,000) (231,304) 11,720 Net movement At in funds 31/8/23 £ £ (17,070) (6,109) (17,070) (6,109) Resources Movement expended in funds £ £ (202,822) (17,070) (202,822) (17,070) |
|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds | Net movement At At 1/9/22 in funds 31/8/24 £ £ £ |
|---|---|
| General fund | 10,961 44,650 55,611 |
| Restricted funds | |
| Building fund | - (50,000) (50,000) |
| TOTAL FUNDS | 10,961 (5,350) 5,611 |
continued...
Page 9
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Building fund TOTAL FUNDS |
Incoming resources £ 478,776 (50,000) 428,776 |
Resources Movement expended in funds £ £ (434,126) 44,650 - (50,000) (434,126) (5,350) |
|---|---|---|
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2024.
Page 10
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024
| 31/8/24 | 31/8/23 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Fees received | 209,528 | 172,750 |
| Donations | 33,495 | 11,509 |
| Grants | - | 1,493 |
| Investment income | 243,023 | 185,752 |
| Bank interest received | 1 | - |
| Total incoming resources | 243,024 | 185,752 |
| EXPENDITURE | ||
| Other trading activities | ||
| Other direct costs | 13,318 | 25,922 |
| Other | ||
| Trustees' salaries | 37,450 | 16,720 |
| Wages | 104,810 | 89,215 |
| Social security | 3,900 | 168 |
| Pensions | 4,672 | 2,206 |
| Household and Cleaning | 3,193 | 555 |
| Other Legal and Professional | 2,504 | 3,060 |
| Repairs and maintenance | 991 | 4,053 |
| Accountancy | 1,380 | 1,080 |
| Bank interest | 184 | 231 |
| Support costs | 159,084 | 117,288 |
| Management | ||
| Rent, Rates and water | 26,314 | 26,215 |
| Insurance | 217 | 4,206 |
| Light and heat | - | 2,122 |
| Telephone | 50 | 2,151 |
| Postage and stationery | 2,171 | 6,891 |
| Advertising | 5,066 | 9,012 |
| Sundries | 7,156 | (8,279) |
| Travel | 1,283 | 2,235 |
| Computer expenses | 1,241 | 4,949 |
| Entertaining | 1,136 | - |
| Depreciation of tangible and heritage assets | 4,425 | 532 |
| 49,059 | 50,034 | |
| Finance | ||
| Bank charges | 124 | 238 |
| Carried forward | 124 | 238 |
This page does not form part of the statutory financial statements
Page 11
Docusign Envelope ID: 1EAB3430-DEC2-4671-A4FC-9699632C258E
THE KING ALFRED SCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024
| 31/8/24 | 31/8/23 | |
|---|---|---|
| £ | £ | |
| Finance | ||
| Brought forward | 124 | 238 |
| Fixtures and fittings | 3,245 | 3,423 |
| Motor vehicles | 3,094 | - |
| Computer equipment | 924 | 987 |
| Other | 7,387 | 4,648 |
| Subscriptions | 2,456 | 4,930 |
| Total resources expended | 231,304 | 202,822 |
| Net income/(expenditure) | 11,720 | (17,070) |
This page does not form part of the statutory financial statements
Page 12
Il¥DEPENDENT EX.4MIYER'S REPORT TO THE TRLSTEESOF THE KIPIL ALDKED SCIIOOL Independent e%8minér'i rert to ibe irusieN ol The King Alfred School ('tbe CornpAn> > I report to the ¢harity" trusie¢s m) examination of thi accowits of the Lompany for the Kear ended 31 Augusi 2024. Re5$[bl¢S 4nd bisS$ of rtport As Ihe charil)'% tnjslees of the Compttnv (and also its directors for th¢ puryKtses ol"compan> law) you arc T¥snSibl for the preparation of th¢ &caunts rn accordance '1th the requirements of the Companies Act 26 ('the 21KJ6 A¢t'). Haying satisfied myself that ihe am)unts r ihe Company ate required io be audited llder Part 16 of the 2006 Act and are eli8ible for independeni ¢KaTninatiun. I rLwri in TeskKYi of m}. examIn10n of vour Charl,$ aOunts as wri¢d oul under Seciion 145 of the Charirie5 Ad 2011 (Yh¢ 201 l Acl'}. In Larying my examinaiion I hatre followed the Direction% ¥ivcn bj the Lhariry. Commission under Section 145{5) (bl ot'thc 2011 A. Indtp¢od¢nt exaThlner'J itsiement I liave Completed m). examinlOn. I confimi that maners have ¢om¢ to my attention ID connecrion with the eXaminlOn 8ivin8 me Cause to beli¢¥e: IOUntn records were noi kepi in respe¢t of the c.ompany required by Seaton 386 orth¢ 2(K)6 A¢1: or thL &ccounls do not accord wlth those rrfords,. OY thL uccounis do noi iomply with th¢ ac¢vuntin¥ rwuir¢mcn15 of Seciiort 396 of th¢ 2(K)6 Arf othw than Any requirement that the accuunts 1ve a true and falr vi¢M' whi¢h is a maller ¢onsIder part ot'an ind¢tnden[ examination.. or account5 httve nrt been prepared in Kcordance with the methods and principl¢% of th¢ si&i¢m¢nt of Kecomnended Prnctice rrr acctsunling and reportitt8 bv ¢hwill¢S (applicable to Chariti pr¢paring iheir a¢¢ounts in a¢¢ordaT¥Ct with thi. Financial Reportin8 Standard applicable in the IJK #nd Ripubli¢ of Ireland 11.'KS 1021). I have no ¢oncem% thd have come across no other matterq connection wilh the ¢xarnin•iion io whi¢h attenrion Should be drawTr in this repnrt in order to enable a proper understandin8 of thc accounts io rca¢h¢ D Bytheway B>thew4y & Co Accourwits Ltd 23 lJil$ton Street Sedglev Dudley Wcst Midlands DYI IJA I l November 2024 Pa8e I