## **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 re￿rt 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￿￿$[b￿l¢￿S 4nd bisS$ of rtport As Ihe charil)'% tnjslees of the Compttnv (and also its directors for th¢ puryKtses ol"compan> law) you arc T¥s￿nSibl￿ for the preparation of th¢ &caunts rn accordance ￿'1th the requirements of the Companies Act 2￿6 ('the 21KJ6 A¢t'). Haying satisfied myself that ihe am)unts ￿r ihe Company ate required io be audited ll￿der Part 16 of the 2006 Act and are eli8ible for independeni ¢KaTninatiun. I rLwri in TeskKYi of m}. examIn￿10n of vour Charl￿,$ a￿Ounts 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). examin￿lOn. I confimi that ￿ maners have ¢om¢ to my attention ID connecrion with the eXamin￿lOn 8ivin8 me Cause to beli¢¥e: I￿OUnt￿n￿ 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¢t￿nden[ 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