Lindley Educational Trust Limited
Financial statements
For the year ended 31 March 2024
Charity no 247662
Company no 00867065

Llndley Educational Trnst Llmlted
Financial Statements lor the year ended 31 March 2024
Company information
LEGAL AND ADMINISTRATIVE DETAILS
A Ch￿1t#ble Company Limited by Guarantee
Company roglstratlon number
00867065
Charlty r•gl•tratlon numbor
247662
R•glst•rod offlc•:
Houowford Centre
Castkton
HOPE VAIJ.EY
533 8WB
Tru¥to•• and Dlr•¢torsz
Mr D W Butterfield (resigned 10th June 2023)
,MrRAHall
(rc5igned 5th July 2024)
Mr P D Jones
Mrj Pricc
Mr J M Reynolds
Mr D Henderson
Mr T Soar
MTS Kjoncs
Mrs l. Mitcheu
Mr T Curtis
(Chair>
(appointed 8th De¢emb¢r 2023)
(appointed 5th July 2024)
S•nlor Manag•m•nt T•am:
Mr A Robinson
Mr LM wi￿.3M$
Mr P Booker
Mrs B Egan
M5 R Y25een
(appointed 15th May 2023)
Bank•r4:
B2rclay$ Bank plc.
Market Place
Town Ccntrc
IEICESTER
LE87 2BB
Audltor.
Haw50ns Chartercd Accountants
Ststutory Auditor
Pegasu5 House
4638 GIos50p Road
SHEFFIEI
SIO 2QD

Llndley Educatlonal Trust Llmlted
Flnanclal statements lor the year ended 31 March 2024
Index to the financial statements
Roport of tho trugtO05
Indop•ndent audltorfs raport
Stat•m•nt ol flnanelal aetlvltl•• (IneorporatlTrg th• Incom• and
•xpondlture account>
10
Balane• gh••t
Stat•m•nt ol cash Ilows
12
Not•• to th• fln•nclal statom•nt•
13-22

Llndley Educatlonal Trust Llmltad
Flnanclal statements lor tha year •nd8d 31 March 2024
Report of the trustees
The trnStCC5 (who arc also thc dircctor5 Of the charitsblc company) prcsent thcir report together with financial
staicments for the ye2r ended 31 iM2rch 2024.
R•f•r•ne• and Admlnlstratlv• Datalls
The pre5cnt mcmbcrship of the board is listcd in the Jxgal and Admini5trativc dctsits.
Structur•, Gov•rnanc• and Manag•m•nt
Governing Document
The organisation is A charitable company limitcd by guarantee. incorporated on 20 December 1965 and registcred as
A chariry on 20 Aptii 1966. The cgmp2ny wis establishcd undcT 4 Memorandum OF A5soci#tion which established
th¢ objects and powers of the ch2ritable company and is governed under its Articles of Association. In thc evcnt of
the company being WOLmd up membcry arc requircd co contributc an amount not cxceeding £1.
Recruitment thnd Appointment of Tru8tee8
The diTCCtor$ of thc company arc also thc Charity tnistees. TTUStee$ ue •ppointcd taking into account the skills,
know2edgc and diversiry requirements of the b02rd.
Tru8tee Induction and Training
Thc trusi¢c$ havc a widc varicry of skills and positive 8t¢p$ Ire being taken to explorc and utslisc these. Prospective
trustees are briefed by the Chair and Chief Executive and invited ro observe meetings of the trustee board. To
cnsure they are f8mi]iar with thc practi¢al work of thc organis#uon ali trustcc$ arc encouragcd to Yi51t the HoUowEord
Centre and youth and communiry provision to ob5etve the young people's acuvities and programme$ that t2k¢ plA¢e
th1o￿hout the y¢¥r. Oprn d*ys ate also organised on xn o¢ca$ional basi$. and t￿st¢c$ arc cncouragcd to attend
these. 'Yhe Good Trustees Guide" 15 Also given to new tnjstees and they are encourAged to question and te8t AU
elements of the Trust'$ appr02ch to govemaoce and safeguarding.
Ri8k MAn*8ement
The tNstees continue to monitor the risks facing the business. both Commercial operational. with a vicw to
cnsuring that Systems arc in place tv mitigate risk on an on-going basis. In vicw of thc Trusr's work with young
people. its use of outdoor training and the location of rhe centre in the Pe2k District National Park. particular
attcntion is givcn to monitor risks issoci#tcd with hcaith, safcty and thc cnvironmcnt, and to enswe that the Trust
$etS 2nd maintains standards of excellence in these areas. The trustee board hA$ 2dopt¢d 4 8ovcmancc catcndar that
cnsures therc 15 a 5chcdulcd revicw OF thc key arcas of risk.
Organlsatlonal Structure
Thc Trust'5 full board of tru$tccs is complcmcnted by a Finance sub-committee made up of 3 trustees, ChieE
Executive and Business Manager and a Youth & Communiry Board made up of 2 tNstee$. 2 members of the
exccutivc and rcprcsentauves of thc communitie5 served by the Trust. The bJll board rneets 4 times a year. The sub-
committcc$ mcct as nccessary to infom) full board mcctings.
The boord monitors and sets the strar¢gxc direction and policy with the Chief Executive. The agreed str2tegy 15
dclivcred through and cxccutive with the Chicf Exccutiv¢ working yryth a Hcad of Ccntrc5, Operation5 Manager.
Busines5 Manager and Head of Youth & Community Services. Wider members of the Trust'$ 5ufF tcam arc invitcd
to Trustec Board meetings ro proyidc addiuonai insight and accountabiliry.
The Finance sub_committee rep)rt5 to the board providing initial govern2n¢e and making rccommcndations rclating
to opcrauonai 5UStainabi]itir annua] budgeting. annual report and accounts. The Youth & Commutiity Boatd sub_
ommittee reports to thc board providing both youth 3nd communiry voices, an initial governance function for the
Trust's Youth & Community provision and strateyc recommendations.
Related Partie8
The Trust's Chief Exccutive is a tsustee a¢ The Peak Disthct LN'ational Park Foundation and The Institute For
Outdoor Learning gOI.). The Trust is 2 member of IOL Employers Group, which 1$ 2 group OE organi5ation5 who
are involved in providing "expericniiai Icarning" to young people seeking to influence oationai policy 2nd fimding
relating to the sector. The Employers Group 1$ chaired by thc Ttust'$ Chief Ex¢cutivc and is compri5cd of Senior

Llndl•y Edueatlonal Trust Llmltad
Flnanelal $tat•mènt$ for the year ended 31 March 2024
Report of the trustees
staff from each member organis2ti0n. The Head of Centres is Vice Chair of AHOEC (Association of Heads of
Outdoor Education Ccntrcs) EXC¢uti￿. this is a Ntional network with over 250 members.
Lindley also partners from time to time with other charitable or8anis2tions involved in work with vulnerable young
people. using memorandums of understanding to guidc thc prncr working.
ObJ•ctlv•s and Actlvltl••
The IAndley Educational Trust Limited 15 A charitxblc oiganisatson driven by its Christian vaiuc5.
The Trust's mission is to release and empower people to develop their individual strengths, create Positivc
relationships and construct cffective work 5y5tems and culture5, which add to the weubcing of 50ciery.
The I"rust $pecialises in the development of chiidren and young people by assisting them to reach their full
pottntial whiic at school, in the transition from school to work and in the early years of rhcir working life.
The Trust p12ces a strong emph2sis on experientiAI Learning using outdoor ticuvities and youth work. as well
as othcr mcthods and Icarning mc(h'um$.
One of the key charitable focus areas ol the Trust is to identify and develop interventions that benefit the
most vuincrablc young people. Thi5 rc$ults in..
Providing long temi support to group5 working with vutnerable children and young people.
Including youth groups and youth indusion t¢4m$.
Providing rcsidcnuat oPpO￿nI￿c5 for famitics thac include vulnezable children and young people
to ¢nKage in outdoor acuvities together. strengthening r¢lation$hips ond building ¢ommitmeni to
fuwre dcvelopmentai #ctiviry.
Building the capability within disadvantaged communities to provide inspiring and engwng youth
int¢rYention$ through the devdopment of young lead¢r$ leiding to inspiring role models for future
gencrAuons.
Establishing partnerships with corporate clients that incorporate An element of $o¢ial re$pon$ibiiiry
into their early careers and management development programme5 that sees them helping and
engaging with disadvanrAged young people.
The Trust works to *¢tiv¢ly in¢ludc ¢hddr¢n and young pcople with disabilities, those from
dis2dvantaged/deprived backgrounds and Erom ethnic minorities.
R¢¢ogni$ing the iimitauon of provision of direct service$ to children and young p¢opl¢. the Trust atso uses
its re50urce5 and expcrtise ro Support thc dcvclopmcnr of those practiuoncts who themselve5 work with
young people. extending its reach 2nd disseminating good practice.
Achl•v•m•nt• •nd P•rfornian¢•
Strengthening ofyouth &
Communlty proY181on
The Trust's work with the communities of
Ashton-u-I.yne. Greater Manchester and
Pit$moor, Shcfficld conunucs ro grow and
develop and now includes the young
women of the Somali community in SW
Ccnrrai Shcfficld. The work is artracting
sigmific￿t levds of ltscat ond nationat
support. 25 well as interest from outdoor
sccior organisation5. who recogni5e thc
scope to make 2 difference with young
pcoplc from 50cio-cconomically ch&Ucngcd
and cthnicAUy diverse back grounds.
During the year the young people enga￿ng with the Trust's teams have experienced a range of inspiring and
5trctching activitic5. Notabl¢ acuviry and dcvclopmcnt included: A group of young people From Ashton visiting
Morocco 2nd succc55fully summiting Mount Toubkal. Group5 of young people from both Ashton and Pitsmoor
joining together for the first ume to complete 2 ￿￿ter Skills. programme which involved training. fimd_r2ising.
prcparing ft)r and participating in a residenti￿ week in the C#irngomis in wintcr. The Trust continucd to dclivcr UK

Llndley Educatlonal Trust Llmited
Flnancial $t3tement$ tor the year ended 31 March 2024
Report of the trustees
Government funded activitie$ knduding 'Hcalthy Activiry & Food. and 'Adventures Away From Home.. designed to
reach and benefit disadvantaged children and young people.
Reeognising the growing importancc of Youth and Communiry work in Great LMan¢h¢strr 2nd Shcfficld, thc TNst
crcaced a new role on its executive. Head of Youth and Community, appointing an inspirational femate role modcl
from Ashton into the post. The work in both Greater Amanchester and Sheffield ¢ontinues to providc opportunitic5
to develop young leaders who are committed tt> thcir ¢ommuniucs and arc seeking to ensure that ¢hddren and youn8
pcoplc in that commutiiry have the same outdoor 2ctivkty based deYelopm¢nt oppominitics that they have had.
Thc young leaders programme is an importAni
dement of the TN5t'5 Youth & Community work,
supported by l.ottery Community Fund. It provides
an exciting range of opportunities for young pcople
to develop through a rangc of cxpcriences including
voluntccring. activiry days developing group
manaKcmcnt and technical skklls and 2 week.long
leadership Coursc. Thi5 ha5 lcd to further
voluntecring and progression to casuai employment
as youth workers 2nd a paid intcrnshiptr as well as
progression into mentoring of others on thc Wintcr
Skills progr2mmc.
The programme has led to onc young women being
recogniscd with the Rotary Young Citsz¢n5 Award.
The Trust continues to seek partners to better reach and benefit children and young people and has t¢%ned up with
organisation in Tamesidc to work with Grcatcr Manchester Violence Reduction Unit. This important work will
continue through 2024. The team also continues to work closcly with The Foundry climbing wall in Shcfficld to
increase diversity amongst the children and young people engaging with climbing.
Inve8tlng pogt COVID
This ycar Saw thc Trust in a position to invest in it$ physical *$sets after the restrictions imposed by the impact of
covtD on fin2ncc$. A key investment wa5 driven by the Hollowford sitc moving away from its reliance on oil 2nd
s. This required a better electri¢ supply and h$ seen significant works to instsll new stspply c•bl¢$ ¢n4bling
installation of more clcctric boilcrs.
Provtding an in5piiin8 and reA35uring environment for chitdren 2nd young pcoplc to develop in is 2t the hcart of the
Tru5d5 ethos at Hollowford, To ¢nablc this there has been range of refurbishment and rcplaccmcnt work, including
High Ropes & Zip Wire. In addition. the Trust has committed ro the developmcnt of the West et)d OE thc main
Hollowford building with a planning application being submitted and initi41 phisc works planned for 2024/25.
Continued innovation with early careet8
The demand for the Trust seryiccs 4mongst employer5 of young people continucs to grow. The Hollowford b2$ed
experienced team are an attractive proposition for cmploycT5 looking to work with an organi$ation that can faciiitarc
real change in their early c￿ter employees,
IA)cal and nation2] employers of apprenticcs and graduatcs recogn15e the accessibility of thc lindlcy'5 Houowford
Ccntrc and uulise that to bring together their employees io buttd valuable strong networks through comrnon
outdoor expcrienccs. Combining innovative outdoor exercise design with 5kilfui facilitation of reflection builds selE_
belief and self.aw2reness 2s well as dev¢lopm¢nt of key sk￿$ that sees those employers get a fastcr TCNM on their
inY¢stmcnt in thcir future workforce.
Evolving governance
Following on from IA5t year's review of govern2nce, the Trustee b02rd 15 working to the recommend2tion5 madc.
Thi5 ycar Saw thc board meet fornially in Ashton for thc first timc, including meeting with reptcscnt2tiv¢s of the
communiry for all ro bctrcr undcrsrand the role of the Trust 2nd its work.

Llndley Edu¢atlonal Trust Llmlted
Flnanclal $tat¢ment$ for the year ended 31 March 2024
Report of the trustees
The ncw Youth & Community Board was formed as a sub.committee of main trustee board For thc first timc in
2023 and is providing new insights into the potential of children and young pcoplc in govcrnancc as well as a clear
voice for the clllldrcn and young p¢ople of the communitie5 the Trust setves. It is also liming to providc a vchicle
for young people to d¢vdop thcir ￿vernAnCe 5kill5 to incrcasc their influence beyond the Trust's activities.
Sector & Workforce d¢v¢lopment
The Trust remains committed 10 promoting gnd devctoping good practicc amongst others who work with ¢hiidren
and young peoplc. The Trust's team have continued to run workshops and spcak at confcrences on tOPiCs ranging
from ethnic diversity issucs to axc throwing a5 an experientia] Icarning activity. The12St year has scen Hollowford
team host the annual MIAS conferen¢c and rc-13unch its annu81 outdoor learning CPD event dcsigned to enable
expcrienced experiential and outdoor leaming practitioners. a8 well as providing a vcry wcu rcccived session for the
AHOEC ￿nUal ¢onf¢rencc.
Thc Trust is also committed to developing effecuve and equitable use of the outdoor¥ acmss UK Socicty and
members of the l.indley team continue to p14y rolcs in the leadcrship and governance of the wider outdoor $e¢ror at
rcgional and national levels.
Profile of Beneficiarlei
Young pcoplc of school age
Young people of post school ag¢
Community activiry & vcnue hire
15.416 delegate days (2023- 14,341)
5,471 delc8arc days (2023.. 7,356)
1.728 delegate days (2023.. 2,652)
The TTU$t is committed to worklng with young people from vulnerable and disadv3nta8ed b*¢kgTounds. During the
last year our work in this area accounts for 260/0 of thc icuvity thc Trust delivered.
Rosorv•• Pollcy
The Trust'y execuuve calculates the working reserves r¢quir¢d to ¢over b18e costs for a 4 month period over which
ume no income 18 received. The ¢xe¢utivc reports against this target to the Trustee Board. This appro2¢h is
r¢vicwcd on a pcriodic basis of no longer than every 3 years. During the year. thc working rcscrYc5 was above the
target level for I I months. The currcnt working rc5crvc$ at 31 st March 2024 was siighdy lower than the tsrgct Icvcl,
representing 3.25 month5 of b2se costs. The BtArd continuc to PriOriU5e rebuitding working reserves over
significant capital S￿nd.
Flnanclal rl*k manag•m•nt obJ•ctlv•s and pollcl••
Thc charitsblc company uscs financigj instruments, other than derivatives, comprising ¢ash and othcr liquid
resource5 and variuu5 other items such 2S trade debtors and rrcditors that ari5c direcdy Erorn its operations. The
main purpose of thc5e financia] instruments is to raise finance for th¢ ¢haritablc company'5 opcration5. The main
risks arising from thc chyitablc comp8ny'5 fthancial instruments are interest rate risk 2nd liquidity risk. The trustees
review and agree policies for man48ing each of thcsc risk$ and they are surnmarised below.
Iiquidity risk
The charitable company seeks to manage fin2n¢ial risk by cnsuTing sufficicnt iiquidiry is available to mttt foreseeable
nccd5 and to invc5t cash asset5 and appropriately.
Plans for 2024125
Capital investment and development
Following a successful planning application for further devctopment of th¢ HOllo￿Ord sitc, the Trust is committed to
further ¢apitaL fundrai$ing this ycar. The devclopment of the West end of the Hollowford site will cnable the Trust to
work with more chlldren and young people utiiising both bcdroom and c3mping b85ed accommodation. The work will
21$0 suppotr a greener and moTe cfficicni running of thc Hollowford Centre.

Llndley Edu¢atlonal Trust Llmlted
Flnanclal statements lor the year •nd•d 31 March 2024
Report of the trustees
Youth & Communlty provi8ion
As the Trusrfs Youth & Communiry provision in Greater Manchester And Sheffield grows. the executive p12n to cxpand
revenL&e fundrxising capabilities in 2024. The expansion of the Trust's fundraising capabilitie5 will ￿s0 enable the Trusr
to support more children and young pcoplc'5 groups to access the benefits of high-quality outdoor learning. leading to
r4iscd aspirguon$ and 5elf-be￿ef. healthier lifesryle$ 2nd improved lifc prospcct5.
The Trust will continue to work with some of the more difficult ro rcach children and young people in Grcater
Manchcstcr and Shcfficld, recognising that some ¢ommuniti¢s required longer term investment in their young people ta
effect sustainable Positivc changc.
Thc Trust 31$0 rccognise5 rhat to reach and benefit children and young pcople in some of the m<)re disadvantaged areas
in Greater ANl#nch¢$ter and Shcfficld cfFccuvc partnerships are required with a r￿g¢ of organisauons. Exisung
partncrships wiu be maintained and developed in both citie$. Thesc partncr5hip5 will include working dosely with
outdoor equipment manufacturers such as OSC.
Continulng to develi)p teach
The Trust will seek opportunities to lcvcragc significant expeni5e in combining otstdoor l¢#ming and youthwork. This
ill includc working wirh UKYouth and the NYA to en2bl¢ dcvclopmcnt OF the youth work workforce across thc UK.
The Trust will also continue to Support thc devclopment and sharing of good pNcti¢C #mong5t outdoor learning and
cxpcricntiat learning practitioners resulting in more children and young pcoplc benefitting from more impactfut
practi¢¢3.
The Trnst's work with employcrs TcmAin a growth prioriry. There will ¢ontinu¢ to bc a focu5 on providing
innovauve residentiat outdoor leaming programme$ for early careers. The TTUSt will also continue to scek oppominitiel
for the same employer dients to engagc with And 5UPPOrt the TNst's wider Youth & Community Service5.
Celebrating 60 year8
A5 thc Trust wa5 founded 1965. next year will mark 60 ycars of providing enKAging and inspiring developmcntgj
experiences For children 2nd young pcoplc. Thcie will be an appropriate marking of thi's milcstone and a cdebration of
diffcrcncc thc work of the Trust has made to individu41s. communiucs and UK Sociery.
Tru•tMs
The trustees who seNed during the year and the present membership of th¢ board
IS 5Ct our bclow. All tt115tees served throughout the ye4r, exccpt whcrc indicated.
Mr D W Butterfield
rRAHaU
Mr D Henderson
L rs K Jones
P Djones
Mrs L Mitchell
,Mr J Pricc
Mr J M Rcynolds
Mr T Soar
Mr T Curtis
(rc5i8ncd l Oih June 2023)
(resigned 5th July 2024)
(appointcd 8th December 2023)
Chair
(appointed 5th July 2024)
For the purposes of charities legislAtion 3ll direcror5 are a150 ttijstees of the charitable Company. NL 'onc of the
director5 had a material intcrcst in any contract which was significant to the charitable company's bu5incs5.
The rrustees confinn that they hav¢ r¢fettcd to and comptied with the guidance set out by thc Charity Commission
on public bcncfit.

Lindley Educational Tryst Llmlted
Financlal statements for th• year •nded 31 March 2024
Report of the trustees
Trusto•3' Responslbllltles Statomont
The ttijstees (who are also directors of lin(llcy EducauonaI Trust limited for thc Pu￿o$C$ of company law) are
responsible for preparing the Report of the tru$tr¢s 2nd thc financial statements in accordanc¢ with applicable law #nd
United Kingdom Accounting st2ndards (Unired Kingdom Generauy Accepted Accounting Practice).
Company law rcquirc$ thc ttUStee5 to prepare financial statement$ for cach financial year. Under compony law the
tru$te¢s mu$¢ not 3PPTOVC the financi￿ Statements unless they are $2tisficd that they give 2 true and fair vicw of the state
of affairs of the charitable company and of thc Incoming rcsources and application of resour¢e$, including the income
and expcnditurc, of the charitable company for that period. In preparing these fManc1￿ statements, the tNstCe5 are
required to:
selcct suitable accounting policies and then apply them consistendy:
ob$crvc thc methods and principles in thc Chariues SORP-
makc judgernents and accounting estim4tcs that arc rca50nable and pNdent;
state whether applic*ble UK Accounting StandArds have been followed, subject to any mattrial departures
disc105ed and explained in th¢ fjnanciai 5tatcmcnt5:
prepare the f￿ancial stacements on the going concern basi$ unLe$s it is inappropriate to presume that thc
charitable company uryll conunue in business.
Th¢ trustCCS ATC responsible for keeping adequate accounting rc¢ords that disclose with reasonable accuracy at any time
the financi21 position of the chariroblc company and enable them to ensure th4t thc financial statements comply with the
Compxni¢s Act 2006. Thcy a150 responsible for s2fegu￿d￿g the 3S$Cts of the charitable company and hence for
taking reasonable steps for thc prcvcnuon and detection of Fraud and Other irr¢gulariue5.
Th¢ trustces conf]rni that:
so far as ¢ach trustcc is aware, there is no rdewdnt audit infom#tion of which the charitable compAny'
auditor 15 unAware'
the trnstees have taken Ill thc $t¢ps that they ought to have taken as trustccs in order to make themselves
awar¢ of any relevant audit inforniation and to establish that thc charitable company's auditor is aware of
that information.
The trustees are respon$iblc For thc maintenance and integrity of the corpor4tc and financial inforniation in¢ludcd on
thc charitable company'5 website. I.egis12ti0n in thc Unitcd Kingdom goveming the preparation and dissemination of
financial statements may differ from Ic8islauon in other jurisdictions.
Audltor
The company'5 *rtides requirc annuat reappointment of the aLtditors. Hawson$ have expressed willingness to coniinuc in
office. A resolution to reappoint H2w50ns a5 auditors will be proposed at the Ann￿￿ G¢ncr*i Mceung.
ON BEHAI.F OF THE 1RUSTEES
rice
Mr J M Rcynolds
Ttustee
5th July 2024
5th July 2024

Independent auditor's report to the trustees of Lindley
Educational Trust Limited
Oplnlon
Wc havc auditcd the financi31 statcmcnt5 of lindlcy Educational Trust lAmsted (the 'charit2bl¢ Company) for the year
ended 31 March 2024 which comprise the Statement of Financial A¢tivitics lincoTporating the income and expenditurc
account), thc Balance Shcct, thc Sutcmcnt of Cash Flows and notes to the financial $￿t¢mentS, induding significant
accounting policies. The f￿an¢￿al reporting fr3mcwork that has bcen applied in their preparation is applicablc law and
United Kingdom Accounting Standards. including Financial Rcporting Stsndard 102 The Financi21 Reporting Standard
aPp￿(ab]e in the UK and Rcpublic of Ireland (United Kingdom Generally Accepted Accounting Practiccl.
In our opinion the financial statements..
giyc a truc and fatr view of the state oEthe charitable company's 2ff2ir$ as at 31 March 2024, and of its incoming
resources and application of resources. induding its incomc and cxpenditurc. Eor the year then ¢nded-
hive bc¢n propcrly prepared in accordance with United Kingdom Generolly Acccprcd Accounting Practice.
have been prepared in ac¢ord20ce with the requirements of thc Cornp2nie5 Act 2006.
B•sl• for oplnlon
We conducted our audit in accord4nce with Internationat Standard5 on Auditing (UK) OSAS IUIQ) and appli¢*ble hw.
Our rcspon5ibiiiucs under those standard5 are further described in the Auditor's rcsponsibilitie5 for the audit of the
financi￿ statements section of our report. We Ire independcnt OF th¢ charitable company in accordance with thc cthical
requirement$ that arc Tclcvanr to our audit of the financili statements in the UK. including thc FRC'S Ethical Stand2rd.
and w¢ have fillr￿ed OLLr othcr cthical rc$ponsibiliucs in accordance with these requirement$. We beiievc that the audit
evidencc we have obraincd is sufficient and appropriatt to provide i basis for our opinion.
Conclu•lon• r•latlng to golng conc•rn
In audiung the fujanciat statements. w¢ have Concluded that the trustecs, use of the going concern basis of ￿coUntIng in
the preparation of the f￿ancIal5¢atCrnCntS is appropriate.
Based on the work wc havc pcrformcd, we have not identified any materia] uncertainti¢$ rc2ating to cvcnts or conditions
that. individually or collectively. may cast significant doubt on thc charitable company's abiiity to continue as a 8ou)g
concern for i period of at le#$t twdvc months from when the financial statements are authorised for i$suc.
Our responsibilitics and the responsibilitie5 of the trustees with reS￿¢t ro going ¢on¢em Are described in the relevant
sections of this report.
oth•r Inforn7atlon
The other information compriscs thc informauon included in the tDJsttes' annual reporL othcr than the financiat
5taremcnts and our auditor's report th¢reon. Thc trustrcs atc rcspon5iblc for the other informauon contain¢d within the
annu21 report. Our opinion on thc fmancigj statements does not cover the other information and, cxccpr ro the cxcent
otheNise expjicidy stated in our r¢porL we do not cxprc$s any fom of assurance condusion ther¢on.
Our re5ponsibi12ty is to re2d thc other infr)m)auott and, in doing 50, consider whether the other information is marerially
inconsistent with the fman¢isi statcmcnts or our knowledgc obtained in the course of the audit or othcrwisc appcar$ to bc
matcriauy mi55tated. If we identify such matetial tn¢on515t¢ncic$ or apparcnt matuial misstatements. we are r¢quired to
determine whether this givcs risc to a matcrial mis5tarement in the fmanciai stxtements themsclvcs. If. bascd on thc work
we havc pcrfornied. we conclude that there is a matcrial rni55tatcmcnt of thi5 other information. we are requi￿d to report
that facL
We have nothing to report in this regard.

Independent auditor's report to the trustees of Lindley
Educational Trust Limited
Oplnlon• on oth•r matt•rJ pr•scrlb•d by tho Companl•s Act 2006
In our opinion, based on the work undertaken in the course of thc audic
the infomiation given in the trustees, report Cmcory>orating the straregic report and the directors. rcport) for the
fin2nciai ycar for which thc financial statements are prepared is consistent with thc f￿ancial 5tatemcnts' 2nd
th¢ strategi¢ r¢port and the dircctor5' report have been prepared in a¢cordan¢e with applicable legal requirements.
M•tt•r• on whlch w• ar• r•qulr•d to r•port by •xe•ptlon
In the Iight of rhe knowledge and understanding of thc chtritablc company and its environment obtaincd in the course of
the Audit, we have not identified materi21 misstatemcnt$ in thc trustCC5' rcport.
We have nothing tt) rcpon in respcct of the Eollowing matters in relation ¢0 which thc CompAnics Act 2(￿6 requires us to
repoxt to you if. in our opinion..
thc informauon given in the trustees, r¢port 1$ inconsistent in any materiat respect with the fuianc1￿ statements.
or
sufficieni accounting records have not been kept; or
the fin4n¢ig1 $t•tcmcnts are nor in agreement with the i¢counting records: or
we have not received all the infom)auon and explanauons we require for our audit.
R••ponslbllltl•s ol tru•t••s
As explained more fully in the trustecs. responsibilities 5tatemcnt (set out on pag¢ 6). thc tru$tCC5 (who are also the directors
of the ¢harit4bl¢ company for the purpose5 of company law) are responsibl¢ for thc preparation of the fin￿elat stotemcnts
and for being satisfied that they give a true and fair view, and for such internal control as the trustces dctermine is necessary
to enable the prcp•ration of fmancial stAtements that are free from Materi￿ missfatemen4 whether due to fraud or error.
In preparing the f￿anCIat statements. the trustcc$ uc responsible for assessing the charitable Company's abiliry to continue
as a going conccm, disdosingtr as applicable. matters related to going concern and using the going conccrn basi5 of
accouniing unless thc trustees eithcr intend to liquidate the charitable company or to ¢Ca8c operations, or have no realistic
tcrnativc but to do so.
Audltorfs r•spon•lbllltl•s for th• audlt of th• flnanclal •tat•m•nts
We have been *ppointcd auditor under the Companies Act 2006 and report in accordance with this ACL
Our objectives are to obt/in rcAson*ble Assurance about whether the financkal statcmcnts as a whole are free from material
misstatcmcnt, whether due to fraud or error. and to issuc an auditor's report that includ¢$ our opinion. Reasonable
assurance is 2 high Icvcl of assurance. but is not a guarantee that an audit conductcd in accordance with ISAS (UK) will
8lways detect a materi21 misstAtcmcnt wh¢n it CX15ts. Misstatements can arise from fraud or error and are considered
matcriai IE, individually or in the aggregatt. they could rcasonably be expected to influence th¢ economic dcci5ions of users
taken on the basi5 of these financial statements.
The extent to which ¢)ur ProCcdL￿cS Are capable of detecting itt¢gu12fitic$. including fraud is detailed btlow:
The charitable company is subject to14ws and rcgu]auon5 that dkrecdy and indirectly affcct thc fthancial statements. Based
on our understanding of the charitable company 2nd thc environment it operates within, wc dcicrmincd that the law5 and
regulations which wcrc m05t 5igrllficant included FRS 102. Companic5 Act 2006, Health *nd SaEety re￿[￿tiOnS 2nd thc
Chqrirics Act 2011. We considered the ¢xt¢nt to which non-compliance with these laws xnd ￿gUlatiOnS might have a
materi21 effect on thc fmanciai statcments, inclLtding how fraud might occur. Wc cvaluated management's lnccfttives 2nd
oppominities for Frauddent manipuhuo¥J of thc Financial statements Cmduding th¢ risk of ovcrride of controls). and
determincd thar the princip8J risk5 were re12ted to the posting of inappiopriatc joumal entries to improv¢ thc company's
result for the period, and managunenr bias in key accounting estimates.

Independent auditor's report to the trustees of Lindley
Educational Trust Limited
Audir procedures perforned by the engagcmcnt team included:
Di5CUS5ions with management 2nd thosc responsiblc For legal compliance procedures within thc chaTitablc company
to obtain an undcrstanding of the legal and re￿latOry framework appiic*bk to thc charitable company and how the
charitable company comphes with that framcwork, including consideration of known or suspccted instances of non-
compliancc with laws and regulations and fraud;
Rcvicwing minutes of Trustee meetings.
Identifying and 2$$¢s$ing thc des￿ cffecuveness of controls that man28ement has in p]ace 10 prevent and detect
fraud and non-compliance with laws and regu14tions'
Chollenging assumptions and judgements made by m2nogement in thcir significant accounting e$timate$,
Idcnufying and testing journal entries. in particular any journal enrries posted with unusual account combination5 or
Posted by senior managemcnL
There are Ènllerent limitallons in the audit procedures d¢s¢ribed above and thc more removed non-complsance with laws
and regulations is from the cvcnts and rransaction5 reflected in the financial sratem¢nts, the Ic55 ￿kelY we are to be¢ome
w&rc of it. Also, the risk of not detecting a materiat misstatcmcnt duc to fraud is higher than thc risk of not detecting one
resulting from error. as fraud may involve deliberate con¢¢41ment byp for cxample. forgery or intcntional
rnisrepresentAtions. or through collusion.
A further description of our responsibilities is alnilable on the Financiat Reporting Council's website at:
www.Erc.org.uk/auditors/audit-2SSUt2ncc/Audiror-5-rcsponsibilities-for-the-audit-of.th¢-fi/dc$cription-of-the-auditt)r's-
re$pon$ibilitics-for. This descriptson fomis part of our auditor's report.
Us• of our r•port
This report 15 made solely to the ¢haTitable eompAny'5 members. as a body, in Accord4nce with Chaprer 3 of Part 16 of the
Companics Act 2006. Our xudit work has been undertakcn so that We Tnight state to the charitable company'5 mcmbcr5
those matters we are r4uired to statc to them in an auditor's report and for no othcr Purpose. To the Eullest extent
pern)ittcd by law. wc do not accept or assume responsibility to anyone other than the charitabl¢ company and the charitable
company's members 2s a btxly. for our audit work, for thi5 report. or fur the opinions wc have formed.
Simon Bladcn, Scnior StaNtory Auditor
For and on bchaif of Hawson5 Chartered Ac¢ountAnt$. Statutory Auditor
Pe82sus House
463* Glossop Road
Sheffield
SIO 2QD
Date..
llak..Tr>Z￿.....

Llndlay Educational Tru$t LIMlted
Flnancial statements for Ihe year ended 31 March 2024
Statement of financial activities (incorporating the
income and expenditure account)
Unrestricted
funds
Restricted
funds
Tot41
2024
Total
2023
Note
Income from:
Donauons and Icgacies
Governmcni grants
Charitablc acriviticy
Courscs and trainll
Investments
Total income
102
140,529
90,765
140.631
90,765
227,855
63.393
1.338.077
6.508
1.344,687
1,338,077
6,508
1,575,981
1.450.798
1,386
1.743.432
231,294
EJKpenditure on:
Raising funds
Charitable activitie5
Total expenditur¢
32.387
1283.856
1.316.243
32,387
1,567.985
1,600,372
18.587
1.560.103
1,584.690
284,129
284.129
Net Income/(expenilliure)
28.444
(52,835)
(24,391>
158.742
Net movement in fund8 before ttiin8fer8
28.444
(52.835)
(24,391)
158.742
TrAn8fer benveen fund•
5.506
(5.506)
Net movemeni in fund$
33.950
1.312.937
(58.341)
224,217
(24,391)
1,537,154
158.742
1.378.412
Fund balances brought forward at l April 2023
15
Fund balAnc¢8 carried foTw•rd at 31 March 2024
15
1.346,887
165,876
1,512,763
1.537.154
AU of the above relate to continuing activiucs.
Thc accompanying accounting policies and notes (p2ges 13 to 22) forn] In integr21 part of these financial statements.

Llndley Educational Trust Llmlted
Flnanclal Statements lor the year endod 31 March 2024
11
Balance sheet
Note
20
2023
Fixed a88et•
Tangible assets
1,324,483
1.302,281
Cuttent 188et8
Stocks
Debtors
Cash at bank and in hand
io
1983
198,523
452,788
654,294
2.742
153.943
606.585
763.270
Creditors: •mount8 falling due wlthin one year
12
(409,614)
P89.119)
Net cuttent 488et•
4.680
374,151
To¢AI as#etb le8B current liabllitie#
1,569.163
1,676,432
Creditorn: AmountB f￿11￿% due 4ftet more than one year
Ix)ng terni loan
Provisions for liabiiitic5
12
13
(56,400)
(130.994)
(8.284)
(139.278)
($6,400)
Ne¢ •88et8
1,512,763
1.537.154
Income funds
Unrc$tri¢tcd funds
Restricted funds
14
15
1,346.887
165,876
1.512,763
lJ12,937
224,217
1.537,154
These accounts have been prepared in a¢¢ordance with th¢ provisions applicable to companies Subject to the small
¢ompanics' r¢gime.
Thc f￿anCiAL statemcnt5 were approved and authorised for issue by the Board of Truste¢5 on 5th July 2024.
Mr J M Reynolds
Trusrec
air
Charity number,,
Company number.
247662
00867065
Thc accompanying 2ccounung policics and note5 (pages 13 to 22) form an integrat part of these financial $tat¢m¢nt$.

Llndley Edu¢atlonal TN$t Llmlted
Flnanclal statement$ for the year ended 31 March 2024
12
Statement of cash flows
Note
2024
2023
CaBh flows from operating activiues
Nct cash providcd by operating activities
16
84,570
318.161
C#8h flows from inve8t£ng activiti¢8
Pro¢¢ed$ from sale of tangible fjxcd assets
Purchase of tangible r￿ed asscts
Net ca8h used in itive8ting actlvide8
(144,780)
(144,780)
(79,614)
(79.614)
CAsh flow8 from fthancing a¢tivitle8
Rcccipt of loan
Jnterest on loan
Repayment of loan
Nei cash used in financing OCtivitie8
13,080
(106,667)
(93,587)
15.304
(105,197)
(89.893)
Ch4nge in 4nd ¢48h equlvalents In the reportlng perlod
(153.797>
148,654
CA$h and ca8h equiv8Jent• It the beginnlng of the reportlng period
606,585
457.931
CA8h And cash equiv￿¢nt• #t the end of the reportlng period
452,788
606.585
Thc accompanying accounting poIicies xnd notcs (po8¢5 13 to 22) form an intewj part of thcse financial statemcnts.

Llndley Edu¢atlonal Tvu¥t Llmlted
Flnan¢lal $tatem¢ntg for the yoar ended 31 March 2024
13
Notes to the financial statements
Charltablo company Inforniatlon
IAndley Education21 Trust I￿ted is a company limited by guarantcc (company number 00867065). The regi$tcred
office is Hoiiowford Ccntrc. Casdcron, Hopc VaUcy• S33 8WB.
Basls ol prnparatlon
Thc fmanciai statements have been prepared in accordance with Accounting *nd Reporting by Charities: Statement of
Recommended Pr4ctice 3pplicablc to charitie5 PreP￿ing their accounts in accordance with thc Financial Reporting
Standard applicable in the UK 2nd R¢pub￿C of IrcIand (FRS 102) (issued October 2019). (Charities SORP (FRS 101).
the Financia] Reporung Standard applicable in the UK and R¢public of Ircland IFRS 102) and the Companies Act 2006.
l￿d]eY Educauonat Tnjst IAmited meets the definition of a PUb￿C Benefir Entiry under FRS 102. Asset$ and liabilities
arc initially rccognised at historical cost or tranS￿tiOn value. unless othenvise statcd in the relevant xccounting pO￿¢Y
notes.
The fmanciai statement3 are presented sn sterling (£).
Golno conc•rn
These financial statements have been prepared on a going conccrn basis taking nore of the guidance issucd by the
Financial Rcporting Council on CFoing Concem Asse5smcnt$ in d¢t¢rminin8 that thi5 is an Approprixte basis of
preparation of the fman¢iaL statcmcnt5.
The Tru$t¢es h*ve reviewed forecasts to July 202S and expect that l.inill¢y Educational Trust has sufficient r¢sourc¢s ¢0
enable it to continue to adopt the going conc¢rn bA$is in prcparing the financial statements,
Ineom•
Income is the total amount receivable by the charitablc company for goods Supplied and services providcd sn the year,
excluding VAT and tradc dA5count5. Deposit income 15 recognised when * visit takcs place or when the clwitable
company is notificd of a canceuauon.
Grant•
Grants arc rccognised as income in the SOFA whcn ¢ond¢tion$ attached are within the charity's Control and it ij
probable that they will be met. If it 1$ not probable, the incoming resources are dcf¢rrcd as A liAbiliry LEntii the conditions
imposed can bc met.

Llndloy Educatlonal Trust Llmlted
Flnanclal statements for the year •nd8d 31 March 2024
14
Notes to the financial statements
Basls of prnparatlon (contlnuod)
Expondltur•
Expenditure. which is ¢harged on 2n accruals basis, is allocatcd betwccn:
expenditure incutted direcdy to the fidfthncnt of thc charity'5 objectives (direct charitable);
expenditure incurred dircctly in thc cffort to raisc contTibution5 (fundraising and publicity): and
expenditure incurrcd in relxuon to govcrnance.
Fund accountlng
Restrictcd fw)ds are to be used for spccified purposes laid down by the donor. Expenditure for those purpose5 18
¢harg¢d to the fund. together with 4 fair AUo¢#tion of overheads and 5UPPOrt costs.
Unrestricted funds #re donations and other incoming rcsources received or generated for expenditure on the general
objcctives of the charitable company.
T•nglbl• flx•d a•Mt• •nd d•pr•cl•tlon
T￿n￿ble fixcd asset5 are stared at cost. net of depreciation.
Dcprcciation is catcutated to write down the cost less estimated residu21 v21ue of au tanwblc fixed a5scr5 held for charity
L15e other than freeholdland by equ21 annual instaiments or thc Tcducing balance method over their expected uscful
lives. The rates generally applicable are..
Frcehokl building5
FurniDJre and equipment
- computcr8
- generat
Motor vehicles
2•/0 - 200/0 $tr2ight line
250/0 straight tine
1 SQ/0 - 200/0 Straight tinc
25U/u straight iine125D/D reducing ba]an¢c
Stocks
Stocks are stated at thc lower of cost and net realisable vatue.
L•a••d as••ts
Paym¢nts madc undcr opcrating Ica5cs are charged to the income and expenditut¢ account on a straight line basis over
the lexse term.
R•tlr•mont bonoflts
Defined Contribution Pension Scheme8
The pension costs charged in the year rcprcsent thc 3mouni of the contributions payable to the schemes in rcspcrt of
the #¢counting pcriod.
D•btor•
Short tcrm debtors Are measured at transaction price. less any impirncnt. IA)ans receivable are measured initially at E*ir
value. net of transaction costs, and are measured subsequendy at 2mortised ¢o$t using thc cffccuve interest method, less
2ny imp2irni¢nt.

Llndley Edu¢atlonal Trust Llmltod
Flnan¢lal $tatement$ for the year ended 31 March 2024
15
Notes to the financial statements
Basls of pr•paratlon {contlnuod)
Crndltors
Short tCTm trade creditors are measured at the transaction price. Othcr financial ]i#bilities. including b2nk102ns. arc
measured initially at fair vaiuc, nct OE transaction cosc5. and are me*sured subs4ucndy at amoniscd cost using the
effettive interest method,
Provlslons for Ilabllltl••
Provisions #r¢ rccogniscd whcn the charitable company has a present obl1￿￿tion aegat or constructivc) as A resutt of a
past event. it is probable thot the charitablc company bc rcquired ro settle the obligation. and o reliable e$timarc can
be rn￿e of the amount of the obligauon.
The amolknt recognistd as a provision is the best estimatc of thc consideration required to s¢ttk the present obiigAllon
at the cnd of the reporting period. taking in to account the risk$ uncertainties surrounding the obIigation.
slgnlflcant Judgem•nt• and ••tlmat••
Preparntion of thc financial stitemcnts requires man4ement to make signifi¢ant judgcments and estimates. The items in
thc f￿anCIAl statements where these judgements and ¢stimate$ havc bccn rnadc include..
Provlslon•
lljcse financiAI 5taternents indude provisions for VAT li4bilitie$ as at 31 March 2023 that have arisen 1$ a resdt of The
Capital Goods Scheme. 2nd that are judgcd ro bc probable to mAterialise at a future date. Wh¢r¢ prccisc Factt￿l
iu*tions of the liabiliry are not avAiiable, judgement has been used to estimatc the size and probxbility of the liability.
Inv•*tm•nt In¢om•
Inve5trnent income comprises income from..
2024
2023
B4nk deposits
6,508
1,386

Llndley Educatlonal Trust Llmlted
Flnanclal statements lor the year •ndod 31 March 2024
Notes to the financial statements
Total •xpendlturn
Activiti¢8 for
Young
people
Post
Ichool
Agt Communlry Governance
Young
people of
fjchool
M*rk¢ting
B*818 of
allocatlon fundrgi8lng
2024
Total
2023
Toral
Co818 directly AllocAted io
8cdvlde•
StAff cojis
Fredance
tonsu]iancy
Aollowford
nmning costs
i Otor vehides and
travel
Other direct costs
Audit
336,246
195.029
39.626
570,901
554.818
Direct
98,494
57.129
11,607
167,230
162.637
Direct
10,813
6271
1.273
18J57
22.801
Direct
Dir¢¢t
Dircct
22,903
129.055
13284
74.854
2,700
15.209
38,887
219,118
12,498
39.739
207.796
11498
Suppott eo•ts
Lsribii8hmrni
Staff ¢o$ts
Profc55lon￿ (ecs
Officc costs
Pubbc ]i2bihry
insuiince
Dcpreciguon
Gcneral c05tt
Profit in Ja]e of
f￿¢d asset
Bxnk C.hargei
Usagc
79.902
126.870
1.983
17,832
46.344
73.587
1,150
10.343
9,416
14.951
234
2.101
135,662
247,795
3,367
30,276
117,302
269,520
4.970
27.697
32.387
Usage
Us
Usagc
Us
UsAge
7.064
67.974
9,303
4.098
39.427
5,395
833
8,011
1.096
11,995
115,412
15,794
11,455
129.986
12.865
Transaction
Transaction
7.704
4.468
908
U,080
15J04
Toi8] relources expended
32.387
916.143
531.379
107.965
12.498
1.600,372 1,584,690
Total expenditure includes..
2024
2023
Audj'tot's remuneration
Depreciation:
Tangiblc fixed a$5ets. owned
Othcr oper*ung leasc rcnta15
12,498
7,800
122,578
22,433
129,986
21,187

Llndley Educatlonal Trust Llmlted
Flnanclal statements for the year ended 31 March 2024
17
Notes to the financial statements
Employ•os
StafF¢osts during thc yc4r were as follows..
2024
2023
Wages and 5JJaries
Social sccuriry costs
Other pension cost$
731,571
48,506
38,318
818.J95
727.726
55.728
40.883
824.337
The average number of employees during the year was 21 permonent employees (2023.. 23) and 28 part time employed
on a casual basis (2023.. 25), all of whom wcrc engaged in the trgining and personal development of young people 2nd
others.
No employecs earned more than £60,000.
8•nlor manag•m•nt r•mun•ratlon
Thc kcy manag¢m¢ni p¢rsonncl of thc company comprise the senior m#nagcment rcam, as ￿t out on the compAny
information page.
The total employee benefits of the key management personnd of the company were £255,737 (2023: £220,548).
Dlr•ctors
None of thc dircctors rc¢cived rcmuncration in the year (2023.. £nd).
Trust•0 r•mun•ratlon and r•latod party transactlon•
No trnstee or person with a family or busines$ connection with a trustee. received rcmlmcrntion in the year, directly or
iftdirectty* from either the chariry or an institution or company controlled by the charitable company.
No trustees were reimbursed for directly incurred expenditure on travel and oth¢r expenses during the Ye￿ (2023: none).
During the year Lindley Educational Trust Iimited paid £6.300 (2023.. £6,300) for an opcrating Icasc to GSA Hall
Pension Scheme where one of the tsu5rees 15 also a trustee of landley Educational Trust [￿lted.
Tindlcy Educ*tionat Trust limitcd paid £8278 (2023.. £nill for window upgrade5 to ￿deStone Projects (lttds) Ltd
where onc of the directors is 2150 a uijstee of l￿d[cY Educational Trust Limited.

Llndloy Educatlonal Trust Llmitad
Flnanclal statements for the year andad 31 March 2024
Notes to the financial statements
Tanglbl• Ilxod ass•ts
Fteehold
Furnlture
land and
and
buildlng8 equipment
Motor
v¢hi¢le8
Total
Cost
At l ApTit 2023
Additions
Disposals
At 31 March 2024
2.705.440
44,863
578.689
46.692
108,797 3,392.926
53225
IM,780
2.750.303
625.38t
162,022 3,537,706
Depreciation
At l Aprit 2023
Provided in the year
Dcprccixtion on di5POSAt
At 31 March 2024
1.476,987
81,503
519,192
21,626
94.466 2,090,645
19.449
122.578
1,558,490
540.818
113.915 2.213223
Net book amount at 31 March 20
1,191,813
84,563
48,107 1,324,483
Net book amount at 31 March 2023
1,228,453
59.497
14.331 1,302281
All tangible f￿ed asset8 werc u8cd for ¢haTitable purposej.
10
stoek•
2024
2023
Goods for re.sale
2,98J
2,742
11
D•btor•
2024
2023
Tr2de debtors
Prepayments and accrued income
IJO,280
68,243
198,523
67.720
86.223
153,943

Llndloy Educatlonal Trust Llmltad
Flnanclal 5tatemants for the year ond•d 31 March 2024
19
Notes to the financial statements
12
Cr•dltor4
Amount• falllng du• wlthln on• y•ar
2024
2023
Trade creditors
Social sccuriry and other taxes
Othcr crcditor5 and defcrrcd income
Current portion of long-temi loan
Pcnsion contsibutions
Acrru4is
9,725
14,981
265,467
71,399
10,617
37,425
409,614
11.752
18,754
225.606
90.392
17.033
25.582
389.119
Deferred income is in relation to dcposits received for future bookings. A portion of thc long-term loan is $ecured by
xed charge and floAting chargc over all property 2nd und¢rtaking$ of thc charitable company.
Amount• f•lllng du• aft•r mor• than on• y•ar
2024
2023
l.ong terni loan
Provision5 for tiAbilities
130.994
8.284
139278
56,4(KJ
A portion of the long-terni102n 15 $ecuted by a fixed charge and floating charge over all properry and undertakings of
the Ch￿Itable company.
13
Provlslons for Ilabllltl••
VAT
provi8ion
Balance at l Aprit 2023
Amount utiti5ed in the year
Balance At 31 M2rch 2024
8,284
{8.2841
The fl￿￿ VAT repaymcnts under a capital good$ $¢hem¢ h2$ been madc during the year.
14
Unr•strlet•d funds
Total
At 31 March 2022
Income
Expcnditure
TrAnsfer from re$trictcd funds
At 31 Lmarch 2023
Incom¢
Expenditute
TrAn5f¢r from resuicted fijnds
1.203.724
1.4i8,194
(1,394.354)
45,373
1,312,937
1,344.687
(1.316,243)
5.506
1,346.887
At 31 March 2024

Llndley Educatlonal Trust Llmlted
Flnanclal statements for the year ended 31 March 2024
20
Notes to the financial statements
15
R•strlct•d funds
A8hton
Youth
aub
Pit8moor
Youth
Club
Rank
Foundation
NationAI
LA)tt¢ry
2023
Other
Total
B21an¢e at l April 2022
Income
Expenditt￿¢
Transfer to
unrestricicd Funds
42,823
24,000
(35.160)
(5,081)
16,013
45.450
(30.753)
37.404
84.728
C13.203)
67.132
88,560
(51,220)
11.316
42,500
174.688
285238
(190,336)
(45,373)
(40,292)
13,524
At 31 m￿Ch 2023
26,582
30,710
48,929
104,472
224,217
A8hton
Youth
Club
Plt8moor
Youth
Club
Rank
Found*tion
NationAI
IA¥ttery
2024
Other
Totol
B2]ance at l April 2023
Incomc
Expenditure
Transfer to
unrestrictcd funds
26,582
28,700
(44.475)
30,710
63,007
(56,799)
48,929
54.367
{66,311)
104,472
24,220
(57.911)
13.524
224.217
61,000
231294
(58.633) (284.129)
(5.506)
(5.506)
165,876
At 31 M*r¢h 2024
10,807
36,918
36.985
70,781
10,385
Rank Foundatlon
These funds ar¢ lo help inspire and develop young people.
The NAtlon41 Lottery Communlty Fund. RC North Welt Reglon
Helping girls and young women 8ain ¢onfid¢n¢¢ and engaging Ihem in healihy and activc lifestyles.
Incomc £38,055 (2023: £36.946). Expenditure £39,925 (2023.. £30,753), Balancc at 31 Ma￿h £20.336 (2023:
£22.206).
Tbe N&donal Lottery Communlty Fund, Knoiv Your Nelghbourhood Fund
Helping young people lo gain the 5ki11s and confidence to become Icaders and inspirational role models within thetr
community. Income £16,240 (2023: £8,504), Expenditure £15,622 (2023.. £nil). Balance at 31 March £9,122 (2023:
£8,504).
The Natlonal Lottery Communlty Fund, Mllllon Houri Fund
To help us r¢a¢h out to additional young people from disadvantaged and diverse backgrounds
Income £8.712 (2023.. £nil), Expenditure £1,252 (2023: £nil), Balan¢e at 31 Mar¢h £7.460 (2023.. £nil).
A8hton Youth Club
These funds are for the youth ¢lub and all associated activities. including outreach within the community and the
development of youn8 Icad¢rs.
Pltsmoor Youth Club
These funds ar¢ for th¢ youth club and all associated activitie5, including outreach within the community and the
development of young leaders.
Other
These funds are for the Hollowford Centre, including the development of the site, its building5 and equipmenL

Llndley Educatlonal Trust Llmlted
Financlal statements for the year •ndod 31 March 2024
21
Notes to the financial statements
R•conclllatlon of changos In rosourcos to net cash Infiow from operatlng actlvltl•8
2024
2023
Net movement in fund8
Depreciauon of tangjble fjxed assets
Oncrcasc) in stock5
ncrease)/ decrease in debtors
Increase/(dccrea5e) in creditor$ excluding the long-temi loan
(Dccrcasc) in provisions
Profit on di5P05at of fLYed asset$
Net C*8h provided by operating a¢tivltle8
(24,391)
122.578
(241)
(44,580)
39.488
(8,284)
158,742
129.986
(892)
65,590
(26,981)
(8284)
84,570
318.161
17
Capltal commltm•nts
The company had capital ¢ommitment$ of £nil #t 31 Pknch 2024 (£3,000 at 31 March 2023).
18
Contlngent Ilabllltl•s
There were no contingcnt Iiabilities At 31 March 2024 or 31 March 2023,
19
R•tlr•m•nt b•n•flt•
Defined Contributlon Penglon Scheme
Thc charitablc company operates a defmed contribution scheme for thc benefit of the employee5. The assets of the
scheme Are administered by trustees in a fund independent from those OE the chariry. The contributions paid into the
schcmc in the year are set out in note 6.
20
L•a•lng eommltm•nt•
At 31 2r¢h 2024 the choritable company had minimurn lease payments under non-¢*nccUable operAting lea$es as
Eollows:
Lond and
buiIding8
2024
tAnd 2nd
buildings
2023
Other
2024
Other
2023
Within one year
Betw¢cn onc and five ycars
Over five years
6,3
31,51N)
75,479
113,279
6,300
31,500
81.779
119,579
6,202
13,403
4,480
24.085
7.985
3.875
11,860

Llndley Educatlonal Twst Llmltod
Flnanclal statament$ for the year ended 31 March 2024
22
Notes to the financial statements
21
Analysls of net ass•ts batw•on funds
Re8tri¢ted Unre8ttiCted
funds
Fund8
Total
Fund balances at 31 March 2024 Irc rcprcscnted by..
T￿n￿ble fixed assets
Current asscts
Current iiabiiiti¢$
IK)ng term liabilities
Total net asscts
35.830
131,587
{1,541)
1288,653
522.707
(408,073)
56,400
1,346,887
1,32A,483
654,294
(409.614)
56.400
1,512.763
165,876
Re8trlcted
fund8
Unte8ttl¢ted
Fund8
Total
Fund balances at 31 March 2023 we rePresen￿d by:
Tlngiblc r￿cd a55crs
Current assets
Currcnt ￿lbIlItieS
IA)ng temi ]i2biliti¢$
Total net asscts
1.302281
539.053
{389.119)
139.278
1.311937
1,302,281
763.270
(389,119)
139 278
1,537,154
224.217
224217
Borrowlng•
2024
2023
Amounts due within one year
Amounts due bctwecn on¢ and five yeari
Amounts due in over five yegrs
Total Jiabllity
71,399
56,400
90,392
130,994
7,799
221.386