CwnyYeAlJtrMloo nwnber. 1693887
Rudolf Steiner School (South Devon) Limited
(A Ikni*d by 8uDrwrtee)
fotth¢Y¢w W 31 2024
M•nThlnAto
39Hi¥h Street
Bthle
E￿Su5
IN33 IJBE

Rudo]rst¢ln¢r School (South Devon) Umlted
Contents
2to3
4t07
St•theTht OfTrySt￿'RMp￿sIbIIItI¢l
9*)12
of FIn8￿1￿1 Adivltl
13ty14
15
16
17to30

Rudolf St¢lner S¢h•ol (South Devon) LI￿￿ted
Refer•n¢¢ •Dd Admllltstr•dve Det*
SetY¢tAry
JulicThDthaS
Senknr Mqllwmont IL¢•dw￿l￿ S¢hool Luder5hlpTeAm
ethlrttyR¢￿￿r8rf•th fknmb
R¢*lNttonNumber 1693887
Th¢ r4wityi5 iD¢¢xporat¢d iti EW Wthi.
Hoodmaftor
TQ9 OAB
Au*or
StoivtDry wdimr
39High Street
Battle
TN33 OEB
Michclrn(w¢s LU
PyneB Hill
N•¢lonnl Westn￿l￿Bfjnk plc
9FoT¢Street
To¢lles
TQ9 5YW

Rudolf Steiner S¢hool (South De￿ll) Llmited
Strate8le Reptsrt ft)r the Year Ended 31 Akngu5t 2024
Th¢ TAske4 wbo ue d￿¢¢10[$ for thE puys of ¢omp•ny PtrKnl iknir#ote8i¢ repDrtforthF y¢4r 31
August 2024, In ¢omplimcewith s414Cof the ComFolli¢5 A¢¢20
Olsie4 Go•4Mrfttg
In Sot¢¢rfw 2023 Of#ed insp¢N¢d tha ￿007 and found the s¢knDI to bE 'Good' in dl 4re8L The insp#¢us
t*W￿lS¢d thB Impa¢1 of the d¢v¢lopmcntsl processe5 thE s¢h(K)l knd IMplemM￿. The of th¢
gov¢nwx¢ was recogn￿ed aDd is r¢A¢4l>J iti the •lthment Tb¢y •$8we them8¢]ve5 thut w4tr¢d sy￿¢￿$
prouSXb yr¢ i1￿1￿￿eR1ed thmugh 8 or￿1ville& Tbis ineludej Ch￿kS indq*thtxhool B*arOwd¢.
A 'G<￿' Of5*d ratlng allow4 thr s¢hool to inspectorat¢ body to Ihe lftdopeThdeft¢ Schod5 Inspectorate
risr? - a i>)dy moTe lik¢ly 10 hHv¢ a sympihe¢ic wew of the sthool's noTrm&in$tseam 4ppro4th. The 'Good'
TatinB h85AIsoopEned up rn0￿ ￿¢45•tO fimdln8 for the school And reduc¢d pruniiillis.
In Ma￿h 2024 ISI the school and agF¢¢d 8 mttetial requ¢51. The i¢hDtrL irt pr¢pwntion for fitye
rowrybi rqueswd a mKE¢EiEJ ¢bBn8e thai woyld gllow Li w ¢hAng¢ itsABenDgE4rMI attepi No ycor old thddreTr and
crM8c 1¢$ allow￿ Jumb¢r$ ¢0 388. ISL found the ¢lltt1cul￿ wmi515 &d4uote to thc
rtqu¢sL
FthAM¢lolSlablllty
2023Q4 was * se¢￿d year of tThnJn¢tal stabtllry ftt tht É¢hool wlth a swplL% of £107k 1202J: £5fjk)
op¢rnts(M￿ surplw of £161k {2023.. £11)6kl Th¢ purAl$ inEreased from 238 to 252 Whi¢￿ comblned with a 6% fr¢
iti¢R¥ alivKd SEllff tv T￿1ve a VKJI d¢served lOY•M1￿ Increa￿ The rthDI l* beell abl¢ to rebuild tCE¢fKS
Tknich w¢re dimiwsbvj ts COVID.
In 2023.24 the ¥ehool &ddedSp4NsK musk ￿d[sTrAtO itscDThicuium(Jffering a lowYrKknol librny.
S￿rner 2023 the school bwD offgrMJ¥ thE opp￿￿lty for Hi8h Schr￿1 pupiL8 W lit GCSE Wi5b
exatw%. 2024.8 Pupi]$ p¢rftrtm¢d well ID thelr GCSE avw ]llAths nBults iiyificlndy thaD the
tutioro18V¢Ta
Upper School pupils w)Tk towards th¢ Ntw Ze&lAnd Certifiuit of Steittu EthcalioD CWZCSVI The NZCSE, lll
Level 3. allows stsjdertts to wly for ￿l¥erS1ty in th¢ UK and in Europe u a fi￿1 1ltern&tivo to A levels. In Apil
2024 the Stciner Education D¢veloprnent Tru3t15EDTI quality Lssess¢d the sthaofs ￿￿Ing of thc New Zealw
celliri￿¢¢ of S*iner (NZCSE). The a¥eument found the ￿h0o1 to be '¢ffecli¥e in all ar¢¥$ of
impl¢ru¢nthtioti of the CSE,. tn 2024 the Level 3 NZCSE ￿Jd￿5 *Yre all in their
and4of the 5 attoio¢d A th$iinaioD.
The 8cltwl cr¢at¢d * SY￿]￿S of £IOlk ih 2023-24. ￿ i￿￿[DW¢￿*￿t of E45k on the 202>23 {£56kl Inco
of £1.8m 12022.23.. £1.Srn) is 20YI rcsuli of an iTrcr¢w of 14 pupils ￿ 252 ai th¢ thd of 2023-24.
Coywonding ¢xpeJEdltutt a150 inrytaged I￿9 YW ott y¢ar repYesentiTl¢ • p¢¢¢ssary InGr¢ise in smff
The rewltiTrB swphty ¢ontinues tylwild a stsble c05h posikn rEbullding re8uvv5.

Rvdoifsteiner Schoo] (South Devon) Llmited
Strateglc R4Jfjrt for the YeaT Ended 31 August 2024
Fln*ntlil rtyl
1•2M4 IOll43
Accounts (thfieii)ISurph
101842 55.834
54J28 48.197
15.438
lJ19
171W 1•¥50
Bad Debi prr*visiouiD8
(￿rItIo￿lI (dea¢ltySDTpIus
Th¢ 8¢kn1 illcre¥¢d its Bpjlpl￿5 in 2023.24 kn £IOIK In •nd in¢r¢as¢d tbe op¢At1￿I
plus to £171k..
pD]i￿ of th¢ Tru*ees rtrthws #¢ rnaiDtQi￿g ¢Mb r¢4¢1￿ Thithill the a¢￿U￿$ of b¢Neen £ICQ.000
£1g).Ql)O. Tn￿￿¢3 and SLT to toword5 rthlldiThB tbe reser￿ after thv PDknc. Uore4tiirt
rE#rves. is not re￿e$¢￿t¢d by Ilxed tsSEts or eTrl te8tri¢kd Ibnds vthich ue for
ecirtc r¢4sons. ro £55.91612023: 449.485).
Th¢strth8iC T¢Wrtwi$ ￿Toy¢d by theTm#tt•ofthe ¢b￿lty 6 MAy2025 aDd SW its bt￿fby'.
TN#¢t

Rudolf Steiner S¢hool (South Devon) iknltcd
Trusteesl Report
The T￿S￿e$. are dirtctoN for the pujyjyes of ¢ompAny law. prewl the •DDu81 r¢port toyther wlth the
ITnBncial st•mTrts and8￿110T& re￿rt ofthe chaTiMble compAny forthe y¢Fr Aupst 2024.
ObJ¢th¢i *ttd #¢dvld*i
The object ofthe Complny h to Provide forand ¢ondu¢t thE edu￿110￿ of ¢hildr¢n in arf¢rdallee whh princiE
ottd th￿thodS of Rudo]f Steiller.
In fwthErntK¢ ofits objett thE wganiu¢ion cyTht¢5 the Rudolf &¢ln¢r S¢hooL SO￿ (Also known u thE
South Stril￿r sd￿01). ba￿d tt Hood Manor, DartiTr8ton. Its fjJrtt￿ a¢tiviti¢s in¢lud¢ the orgaoisation of
C￿11￿￿1 ¢venffj le¢Mfes meaings And panicirotion in Similar activities Trith other Ruts]f &elner inspir
OT8knts*itiM In the UK And abrn&
As o clwity. the ory•ni0￿1utt pTovldeApublk benefit auivlty x •pTovitsof thatiUL th smdellts
ftora KinduBHrdwL k￿1 througb ioagc 19. The icbool aims M be w¢ialty in¢lu5Lve •Dd to *%lcome knilit4 from•
d¢ Trng¢ of fin•nriBI Dxisio)Ys on tee paymcnts are mHdE on an inthvid￿l bllsi6 8nd familic5 ￿¢
invitd to apply for a rthtion of their fees allowing acc￿ tobuch edu¢ation to wlw)w f4milkE JLrt
heThviB¢ be4bkto alTordwch opprtunity.
TheTry¥t¢¢s ¢onfimi thzt th¢y havr complied with tbe requi￿￿1￿ ofsvxtion 17 orth¢ ChgtibM Act 2011 tD hB
t¢8wd to th publ1¢b￿¢nIsUldlnCe pthlish¢d bythe Charity forFW W4lek
lu llccordante with L*Brity com1S￿On r¢quir¢m¢ttts. th¢ TnLStees have ¢￿￿dered the queltioll of the vithility of
bett thE Labour gOverDM￿.￿ VAT policy, if Labour were etethd The budg¢1 wbi¢h bad a w fce
on &% well 8saddiiioj￿l *4ff •nd toom for developnKnL By th¢ time *hool stsrted in 5eM¢Bd)
2024, had be￿ ei¢¢led the VAT-¢x¢mption for ithpendent WH5 th¢ to bt Yemov¢d in J
2025. The Bchjol decided to puJ otth p￿￿ts 8bwtbift8 tk TemAin&r of VAT aE It dld exped the pmt
Ixdy to be able LO Plly ￿ Idditith￿ 20￿ The 8¢h￿l enter¢d inth B T￿tn￿ prr%uJ In Nov¢mber 2024
eVentt￿llY r¢dww by 11. The rewiting reth¢ri¢)n Olin¢(￿ aud v)sts p¢tyJ￿ed a fottcast dtfLcii of£25k
and ¢a5b Bwilu$ of £25k fLY 2024-25 which 15 tIL¢ eXP￿try] ¢108¢ witiotL for202&25 A5 at th bal￿¢ sbeth dat
Lookino fOr￿rd 2025-26. th¢ bud8et i4 expecttd tD ljave an q*tatIon￿ 8wplus-with pllpil numbers, fuwial
port for and #aff Mumbers VArfableB T*thich wlll be flexed (￿liVIty or pxsively) to
Having ¢Th)5ld￿ the foYK4at proiettion5 th¢ optity¥ 4wllttbl¢ to t¢du¢¢ $lb)uJd th¢ need
ise. the Tn￿¢￿ hve that there 1$ a reagjnable eApeclation th¢ $chool adeq￿ reswtts to
contittue lo opeTAtional exist¢DEe for the foreAeeable The thl therefwt eontinllej to adopt th¢ goiD8

Rudolf Stelner School (South Devon) Llmlted
Trusteej, Report
Trustees offlcers
The ondoffieers sery1￿ duNn8 th¢yw and$in¢e thrye¥¢ndwYre asfolkn
Tn￿teE%.
Julid Criumde
Ni¢ola Ed8￿mbE <Resi8tte4 15 S¢wmi*r2025)
Roben WortlLill8ion
Ben Whthty
AiisoD Fisher
Anne.Marie HobbB
ThomasMI￿beTI (re$l￿￿d 26Jun¢2024)
S¢¢re*."
Jylle
Rudoifsr¢in¢T Schcrfjl (South D¢vott> Limited is • ¢ompw limitcd by 8uarBnt¢e. Ji is 1180 r¢8i$t¢r¢d 15 • chority
with th¢ awrity the and Artkks of A&fotl•tion of 7h*ich is ivali4ble fv vtaw the
lie www.wJtbdevoosl¢1ner4¢h￿I.O
Tnutres are *ppimted by the School Coll￿11 of TnE¥*es 8nd then rAdthd by the membEfB of th¢ S￿￿1
A￿￿￿70n at the AGM STh A¢cord8JJc¢with th¢ M¢moraThdum and knicies of A3￿14110n.
TnJ51ees sek¢tcd for tbtir bi8tL St￿d8rd of prnfesthnlli skiu. eX￿rt&¢ *Dd ¢XP¢T1￿￿ usually wlth • paru¢ul
p¢*tfolio in mknd. The applScA¢iots pr¢¢ess IB compliani wlth &llfw Yetrnitm&it ￿t¢S￿dIng f4u(renw livgn
thAt the ¢hAri¢Hble organisltion is • forchildren Ind yow>g pcopie. Those TTUSte¢s ho]din8 certsitt prtfolios
h 0$ ￿frBu•rding and hulth & s•frty are r4uired iodo tlth in*th trditiiti8 kn OTd¢rkn meet D￿ sknd•r&.
Ali Trn8¢e¢s Ire tequired to O) 6pf¢guudiDg lTrinln8 8nd their knowle* of saf¢8wthnB w)li¢tes
d KCSE Induction a180 inwlv¢s fgmilillTWtiM with varM)us on I￿ Te4ym&ibiliti¢5 of
Ixillg & Tn￿1¢¢ the Metnornndum & Arti¢les orth¢ S¢hod As8C¢iatL￿ IttdvDde￿ School's StHlldards
The Tr￿Ste<S k4v¢ agyttd remwernrion for key Tll•naE￿nt rnjes R¢cordin8 to lev¢b of r¢5ponsiblttty. rxpHi¢n¢t
pmd ￿rf￿￿ettee il telBvalll tnafkei rnie6, tskins 5nto the 8¢08rnphical IrKath. These lla]4ri¢5 are revitwe4
p¥rt of the onllllai r¢v¢¢w of p¢rfornw and saisti¢s i¢rosJ the scbooL Atty Tnucee wtrj i5 al*> ll paid member
of sLryff is &x¢lwJ¢d from the Yeviw proc¢u any reitha dxision5. Al pr¢s¢n¢ non¢ of the trwt¢¢5 ar¢ paid
PWS

Rudolfstdnw School (South Devoll) Llmit
Trn$tees' Report
The m¢¢t r¢8yl¥dy to m4n88e the or8aLis*iion'$ Iffth. The dlly.￿ n￿6 of the 0￿￿15*11￿ 15
fornially delegated to Ihe Sehool Luduship Te4m (SLT) - whirh eothprlse& tl* School Education Manew (who
¢urrrntty ￿￿1¢$ the School Leadershtp Teamx the SchLK)l Businrss Man4er *TrJ the dected teA¢her r¢pT¢Knt41iy
The SLT m¢elirt88 &re also aiteTrJed by the Lower School Lurnin8 Manager, Office and H&S awl Ficiliths
Mthw. Desiwtrd S•fr8u*rdirtg Leod and the Ethy Years M8Mger. There 1$ rtBulart wryreknsive r¢p(¥#noto
the Truthes on wttkty. rnuttthty and tetmly btsis x appropria￿ UtMi¢rnc*h att¢yJntsbk to the SclLooI
oryrtiMti%)n'i *ctiVititi. Tntgtee8 havr dir¢ci tllethoth of obsuvitig the itt¥ietwth of poli¢i¢4 prrfethres
ptans ittyndentof leaderth￿ reportill8.
The ¢Jr84ni8ation ¢¢)nlioues to Thaintsin ¥div¢ ih¢ W￿dOrf UL tk W¥¢￿￿1Ve b(Ay for
8trin¢r W41dorf ¢th￿ation ih the UK with represent•dv# *tt¢ndiTrg nadon•l meetin8J ￿ trainlmg days
ensuring tt¢Orttts￿¢xthWt of wJli¢ie4 Information. ¢xp¢rti8e4nd insplratirn.
The Scbcd is •d by the Jlld4prlldeDi SdwDIs]rfp¢¢tornt
Cknil)'$ rtsktvs¢sm¢nt
Risk ¥*ssmert ts in owittgcompongntofTNstee a¢livity with a risk rryi#er tevxwed &ttemity bowd m¢e¢uw.
iThIEpendunt sehoolswhith eollld havea siw)ifKant impo¢[ on the V￿Ve ofVAT•inchL%fve fees chwged to ￿ ih
the fimwe. The and SLT 4rB mindeul of poJi¢y In ￿001 de¢isb)r*o*kn8 wjtimie to
The chjtlty's Fisk wollle IB itt line vAth Any or￿1￿10￿ offemg ¢th)￿l0￿ ill steps ar¢ tthtt tr*
¢nsw¢ thii 44)rOprI￿ mikngatiOD ood ¢c4Krol 5tru¢kn are in plart. Th¢y in¢ltyJ¢ ¢c•)pnhensive policiri
DlsdwYt•tlnf•nM•ilM to Budltor
Each IMS ¢akttt steps thwt thry ow lo bttv¢ tak¢u Es B m¢mb¢r ill otthr aw￿¢ of •Dy
r¢l¢vAttI 8udit Inforni￿￿￿ and lo ￿tAbliSh thit eh&tity'8 auditor 1$ awHTe of thot infornwtion. The Trii#teA
Dfimi that there is norelevant Infumatlon thlt dwknow of ATrJ ofwhkh th¢yknow thealldknrisuwMe.
Reappokntme*i or￿dItOr
drsipt¢dTnJ*ewill lltiLOtiDntte4pwnbogtbe wjthtorn vfth¢Txwteg&
PA8¢ 6

Rudijlf Stelll¢r School (South Devoll) Lfnilted
Trustees, Report
Th¢ otsllul rwiwts •ppI0￿j by the Ttusteesof the chBrity OA6 May 2025￿￿ li￿￿ thits bebaif by..
Robertworthitw

Rudolf Stelner School (5olltb Devo•) IAll￿ted
Statement of Trusteesl Responslbllltks
The TLWttes (who ATC llkn the d￿￿19[5 of Rudolf Steiner S¢hool (Sourh Devon) Limited for the puwes or
eornpany lawl are respn5Lble for preparlng th¢ Tn￿e£s, teport ond the fin￿111 #4tcm¢nt¥ in *ccordan¢c with
awlicdbje IAW and United Kin8dom Accounting S￿dards Iunited Kingdom Gcncralty A¢¢¢rAed A¢￿￿lI￿n8
Pwticel. IKludth8 FRS 102 me Retthing Sthwjard 8pplicBble irb the UK •lld RtwNi¢ of Ireland
ComF• law rt4uir¢s Ihe TruIt￿ to prÈpore fin8neial srAiem¢fiw for eaeh finw81 year. Under ¢ompwry Iaw the
T￿￿te25 rnusr not Hpprove th¢ ffinancial ststemeNrA unlek Ihcy aTeuiistled thttt they give i truc fairylew of Il
3i*e of affai￿ of th¢ ¢harit•bl¢ c(w￿Y •nd of thc IncomiThK rNuuYr¢$ gttd appliC￿1th) of resow¢e4 Its
in¢orn¢ ond cxpcndilwfy of the dwrfrable far tl&t p¢rfoO. In prewin8 th¢8e fiMn¢illl 4ttt¢m¥ths. th¢
Tn]St￿ Ere re4Uiftdto:
Icct suitabk axoun¢ini poli¢i¢s ￿d￿lY¢1￿M eoniiittnily.
obseThe the method88nd prinupks MJ the Chuiti¢J SORP;
nuke jUdgeD￿[s 8fyleBtimw thii artre•uonIbk4￿lprndell¢:
style wlth Applicable 8tsndu￿ comwisin8 FRS 102 hve bxn foliwe4 subjectth any matrriHI
dBp&*tres di1¢108¢dand exploined in the fir￿¢￿1 6td*mrn' *¥J
epare the ffinwlAI s*trrn￿ts m th¢ $oin8 b8$1$ urJ¢ss li is uwropriit¢ to the
¢haritablecOm￿Y￿llj ¢ontinu¢ in busirKSJ.
The Trustees llre re4ponsibie for k¢tPith8 PT¢p¢r accollrttiAg r#ord$ thfjt discjox with re•yonablo &c￿la¢Y 81
tire the fin￿la1 position of th¢ ehirltyblB eompètty and enable them to tnsvr¢ that tht finwial Sty¢LMIts
¢omply with th¢ CompJTri¢s Act 200& Th¢y aye ilw respmsible for safe￿rdIng the ¥sxl¥ of the chuitable
pAny h¢n¢¢ foTtskihg t¢ason&ble8teps for the prevention andOJ¢e¢iion of fraud othet iffe8ulaii¢ies.
ThE Tru*cs are nspmible for th¢ malnr*Mn¢¢ int¢grity of th¢ ¢ow*tc financial Infonn￿l￿n iDclnded
the th8rithble componys website. ￿lS7•1ion werninK the Prepth1￿ dissemin1￿ of fttThn¢l&l
Stwemerbts differ from leqi51ation in oth¢rJwisdictions.
Approved by the Trwtetsofthe ¢h¥ity rn 6 May2025 and siTr4Dn its beh￿f
Roben WorthiDWon

R￿d￿lf Stelther School (Solltb Devon) Llmlted
IDd¢pendentAudltor'J Report to the M*mbers ofRud(tylf Stelner Sehool (Sowth Devon)
Limlted
OplDlon
We have thr finJnFlal Slateme￿ of Rudolf ste￿*T S¢hool (￿h D¢vM) LiMi￿d (the'¢hirity) fortht yur
¢tstsJ 31 Augwt 2024. whi¢h ¢i)mwisr th¢ SM*meLI of FllwGrEI Artsvi¢ie5. B¥isn¢¢ SheeL Ststctll¢DL gf CasFL
ROTh aDd Notr& ￿ the Fi￿￿1￿1 Stst¢m¢nts, luckd￿8 a summ8ry of Si8Difi¢HDt plicies. Th¢ fiD￿JaI
r¢pprtin8 frnmework beeh ippll¢d In thelr preparntion 1$ Unit¢d Kingth)m Accwiting Ststtddrdg
¢omw#8 Chuitics SORP- FL8 102 ThÈ Fiv￿¢]￿ Rcpcrftill8 StEndaTd Jppli¢able in the UK 8nd Rtyllblic of
ltrland, ￿dIPpIl¢lb1e law(Urtitrd Kirtsdm GEneTallyA¢¢¢ptedAceou* Pr•¢ti¢¢).
In wropinion the stat*Trw'.
Sv¢ a llnd hir vivw of the Sl&lc of thE L*aritrfs •ff4irs ps It 31 Augw¢ 2024 alld otlts ir*omlD4
and 4pplicdiionof r¢BoU￿¢& iDthdiD8 itsiDPJm¢ ￿ ¢xp¢ndithry forthe yekr th•t ¢Trd¢d;
. haVeb￿ll tryttypryed irt xeord*Jr¢ with Unitsd KIn&j￿ GEn¢rnlly Aw¢ed A¢• Praetieg •
b1v¢b¢¢nw¢p￿Cd in xcordfince•hlth th¢ rewircmtsts of the CompaDi0s A¢¢2CK)6.
Bgsh f•r oplnloA
W¢ wnductsd our *rdlt JD •£cord￿ with JOt¢rnaUo0￿ Sttydjrds ott ADdttiD8 OJK) IISA5 IUK)) 8ppliG4ble
I￿. Our TespoMibility¢$ undw thosc standath att fiuthcr d¢5cr>tKd iti the &udits r¢sp￿sibIlI￿5 for th¢ audll of
th¢ financial Swcmerjts I￿￿10n of our TVJrt. W¢ 4T¢ in&P¢ud￿¢ of the ¢htrity kn a¢¢Ord￿ with th¢ ethical
r¢qiiir¢m¢nls th•t ere ￿tev8￿( to our audlt of the fina￿1￿1 stts¢m¢nu in the UK. irtelwliTr¥ thts FRfs Ethlcal
Ind we thAve fvlfilltyj our othEr ¢thic41 le¥￿ilbill11ts in llccc¢da￿e with these We beli¢v¢
ttvtthr iwlitovithn¢twe hve obtatncd islufficlent 0od0pprotstopm￿d¢* bAsi5 for ouropithim.
Condy¥lous r¢ladDg to i•knz coH¢eru
In th¢ fjTr*llcial Itatem￿ w￿lUd¢d thut theTrustce5 w of thE8OiD8 ¢oll¢¢m b•611 of
B¢oJw)Ilng in the NepAtation of the tlnanclal $t•t¢ments 1$ *Fvrwate.
BwdoD the workwt bwe I￿ve not ideDiillcd anyjngterial utt¢ettsthties r¢lath>B to events c4r
r￿Lf100$ W iDdi%id￿lly otcoli¢rliv¢ty, MAY C8St sipifie8utdoubtott ¢barity5•bilLty to rtilltimje •$ a 4oillg
eon¢wn for•p¢rfod of al le8srtsvtlv¢ months from the oriwhlll financial StsthJ¥As wer¢Luthoriscd forissue.
Jrr¢5pollsibiliii• Atyj ther¢4poThthiliries of tbe Tnweuwlth rewtowJth8 ¢￿￿ qTe&scritd irt the
O¢knr thf•m*ttsn
th¢ reprt other thth th¢ fimncial gnd wr4udi¢or'i report thereon. ¢)Jr opiniort oo the ffi1w￿L
In connedion wlth our 4u4i¢ of the fin8rtts1 Jt•femcnts. cqw responslbillty is to Yead the other informatiofv au4 ill
ing ￿. con5ikn whdbcr other iDform&tioD 1$ miwidly wlth the t1￿¢1￿ S¢¥temeDt5 or 0
knO￿ed8¢ otr*ained itl the audit or oth¢trw8¢ appars lo roi#tptrd If w¥ identlfy w¢h ti￿1
incon4i&tencics or aPPAYenl ma￿￿￿1 ml¥¥tsiements. re4uir¢d to det¢rnikll¢ whEther thete li i mAlerlal
¥*meni fiNrtiil sfal•menr& ar A mll*ri41 moutst￿t￿t otlbe other infom￿tion. Ir. based ots tk work
w¢ hw¢ p¢rfomw¢ WE conclude that there 1$ 4 [ni&¥a￿￿￿]I of thi• i*JbU Informa￿0￿, w¢ ATI required ty
Pa￿9

RudDifstether S¢hool (South Devo•) LIA￿ted
Independent Audltor'$ Report to tbt Members of RMdo]f Steiner School (South Devon)
We hv¢ 10 irt tbi$ regw
Oplnlon •n oth¢rwatt¢r pr¢Krlbed by thÈComp•nltJ Aet2006
Inour opSnlon,baxd Dn thE wwk th¢¢Oll￿e of the oudlL'
the tD(onDlllion 8iveo in the Slr*i¢ R¢wrt EDd TnuteE< Ktyort for th¢ IlnwKiil yrar for whiL* the ruW￿lBl
JtstemEnts w¢ pr¢prtd 1$ Cl￿S1￿￿t wlth th¢ tINnual sm[￿nents., wk1
' Iht Slrnl¢Bi¢ k¢porf I￿j T￿￿¢¢< Whave beenPrep￿ed7n ac￿rd*￿eWIth wlirllbl¢ legal
MAtt•ri Trthl¢h we r•qulreO *• reporiby ¢x¢•llon
In the IiBht of tyjt knb)wled8e and ￿￿tI8tandIng of th¢ chHrity •nd ¢rtYir￿mefjt c&tained in th¢ c¥w* ofthÈ
I￿j14 we h•v¢ not Id¢ll￿ned mt55weDKrts lththe SrrAt¢8k R¢pon 8fidtheThweg$' Report.
W¢ hv¢ wthing to report Ltr Tttpettof fo]lowin8 wlKte the CCryDni￿Act2[￿l6 reqwrcJw toirpirtto
you If. IN out•pSftion:
brnnehu notvisitsdby ￿ or
¢ttsirtdls¢kn)E￿ of Tnths r¢mwwa¢ioD sp￿lfi￿tbY law ve Mi madv, or
hove tt01￿ce[wd ill the Inform￿1￿ ￿￿PI￿tIOnS wi r4uiteforour•>JiL
Respowlbllldrn
As txplwncd rnor¢ fijlly in th¢ Str￿lent of TnJste#' R¢sk￿lI￿litieS (s¢t out on page 81. thp Tr￿%￿e$ we
re8pollsible for th¢ Prep￿￿119￿ of the f￿an¢1a1 sta*nLents for being slliisf*d th*t they give a thttd fAir wiew.
Bnd for 5urh iD¢Aod ¢ODtro1 •$ th¢TNstets d￿¢￿￿ is o¢¢¢ss*y to¢r*bl¢ the pK¢pu&l￿Or 8t*tem
thu¢ ore ftet from rftatsLial mistmtsmrt vAwthEr dut rofrlud ot emr.
Ill pr¢p4riti8 the fir￿0¢ll1 the Tru5ttt8 ￿p9￿1b￿ for awsJinB the C￿rity% •bility ￿ ¢O￿lD￿2 ¥
¢0]￿erty dts¢l0Sl￿ as applic•blfy rElottyJ ￿ gOiDg ¢on¢ern •nd v$iti8 th¢ 8okng b￿1% or
accoun￿n￿ w)le55 thE Tw$*4s tither In*nd to liquidth the thrity or ¢0 ceile opuations, or Iwve ho reoliJtic
alternative buttodo w.
A¥dltor reyiuJlbThi ilu forthe &lldlt ofthe llnantlAlthtern¢Dts
obj¢¢liv¢s lte to obtain reuoDgble W55U￿ whether the fm8ncial ¥¢•t¢rrKots whole •re fiE¢
•t¢Fial missiAtemen( whether due ¢0 fraud ot elror. thd to issue ￿ 4udL'lor'8 r¢port th•t ittludes our opitilott.
Reasomble lssurntte is a kv¢l of *ssutaThee. bot i% not A Buamtee that Bn audit ttytducted in ￿COrd￿n¢t with
SAS (UK) will 8]ws dclwt a matsi81 mlsstst¢rM when it ex15ts. MisStatun¢ttts ftorn frBud or ¢rrr
•JwJ tr¢ ¢•Mi¢lexd TrMteriD] if, ￿￿1Vid￿￿￿ or lft the ag8re8&te. they could Rwnllbly bB ¢¥perted to infiu*Nx the
¢¢OLwk declsloTh% ofw¢r5 tskcn OD the basil ofthese tknan¢￿I ot•tsM¢Jts.
Thee%*M th whith owwor%4w¢s are e8p&b]e ofdthAting 1Th¢y￿rit*S, lthelllthfft8 frwdii dd111￿b￿V.
Pwio

R￿d01( Stelner Selwol (South Devom) Llmll¢d
Independen¢ Audltor's Rep•rt to the M¢mber8 of Rudolf Stslller School (South Devon)
Umltsd
The der¢¢￿￿0[frW￿ itT¢guJariues li a ￿nsideratIO[L oftht •¥Jii pl•Dnin8 4lld isiwri¢dthJw8tL ts the
Nudii Mm*leiioB sta8E. A risk asscssm¢nl aDd ptclilljinary aRalwicttl revLew is"4￿d￿.1￿è1p)wlllW8e and
T¢PS ofcontem thEn builr irKo Ihe audit slr*tegy and ¢e3lsn8 to suffj¢ifni P￿thJIeS ind evide￿¢ is
DbtaiDed 10 8tve comfort Ihai mftterial irTEgularlties and poithtio] in51Hnrts offralld*rt th¢¢¢￿ th py8ibl
The audit team 18 ￿l¢(ed re8Bnlin8 afty m or the pot¢nii•l wjdit and rwueniia] impad. Th•
a￿lIt tsam Yem•ivd viuilqnt throu0￿t their wodr and made in9uiries of perwnnEI thrwghc
Rudolf Stsitier Sehool South Devolk kcy were tonwlted on Any known or su5P#ted bre￿thts in Laws
d re8ul&¢iooB Ilw with MIS￿pr￿1￿1￿ll of ffiJlld5 ￿ bxh tk plannioA Iud completion 6th8es 0(th¢ awliL Due
COD5ikntiONThX5 ¥iY¢D kn thepos$ibl¢wse of ￿rnt￿t ovethde ono I￿LIt inlo ow4￿¢ strdteBy.
The iniiial risk ￿g¢S$￿nI hi8hli8hted a slThi sttjpper being of nLTrCrrf￿4r￿¢ with Ofsted. Rudolf
Stsiner SCI*￿1 Sollth Dev4)n another ofskd inap¢¢Don 5Th Swrnt*r 2023. WevKre ablcb) obtalm awy of the
IWI T¢WI which w Ned as Ilthl in •spe¢L Ind ov¢r•ll. Rudplf Stcin¢r Schtyjl thert chanRtd
itsipeerornio to ISJaDdtpttdatti $¢hools WDspFrlprafr) atsdwThJ¢rw¢at an ma￿￿￿ CbaD4P Iwertionlo M•rob 2024
reutstcd by the D￿ . A copy of th¢ report has beeD DIKaiDed ond all SlaDduds werc #Kt mthrid clwi8e
4Trnl¢d SO Don c0mplillti￿ undp0￿1101 ¥howJtopp¢rrK4mfttui&li5it>8.
The of th¢ pre]Imlnary •)1]￿ revl¢w of thv tlnan¢lal S¢a¢ements is to bighlight any pwible areal of
ictm Lo ￿Vestigate whether the varianc¢ 1$ eip¥¢red or unexp￿. based m th¢ infornation obralned a5 Psrt of
the pknniDg process the Cu￿1 clirtith the Ch￿ity Is OFetHliBo uth. ReJevHllt Hudil hod tkn been
pJaDDed to obiHill supponthK dowm¢ntAtiOn to ejtyfft th￿ th¢y ￿ withth the ¢h*ritsble obivcliv¢5 aDd A
milllFwopfi￿ioll of11]nd5 bY￿Y of fr•ud, Drmisstat¢rllettt%. aCCQWLts discloEure ¢b#&lists 4vllilablc v¢ a140
¢¢ryl¢tcd to the Ae¢ounts eojtyty the ￿ rwlng fmmework thar Li Ippli￿bIt ro the chtiritsbl¢
The￿ are aspects of thc audit Twhlch ￿edelIbera￿lY unpredi¢tthle ¢0 amiit in the de¢¢¢tioti of irylorthes. ￿ as
varyJtt8 IM)W TR *Si item$ •Te mott su5￿pIlbje To yeu on ye4r by incorpDrntill8 sysiem*ti¢
iD8overthBpopulRtiow t¢81¢d.
Uwof•yrreport
Thi5 ryort i5 ma& wlely to the charft4bk ¢Ony8n￿5 TtUS1¢¢5. as a bdy. irj ll¢¢ordath¢e with Chaptef 3 of Pllrt 16
of the Comp8niu Act 2LX)6. Cwr ￿￿tIf 4*)rk b¢¢n ￿dertak£Th so that w¢ mighi st8Fe to ¢he ¢h8rityS Tr￿tee$
thoso we Ire ffquired to sta¢e to them ID all oudiwt'$ pmd for ithr purptrse. To the fiJllts( exr¢DI
F¢rniitted by l&w. we do thoi a¢¢y or a&suEll¢ tf5POti8ibility w ￿yO￿e other than the Ch￿l￿b]e cullpaoy Omd i¢s
T￿stIeS Bsa bL￿y. for0uraudilllll￿ forthKs ￿pOrt. OT forthe opltiiorys￿ hwe fonb¢rl
Rowa T Kwalsh Isellipr Ststhtory Avditar)
For Bnd beb&lf of Msnttin810Trs, S4DJlOry Audiwr
39 High
Batde
TN33 OEE

dolf Sttln¥ School Isonth Devon) Llmlted
Inde￿ndent Audltor's R￿tsrt to th¢ Members of Rudolf Stelller Scbool (SDuthl>rn)
U￿ted
Pw12

Rud•lf Stelner Sebool (South Devon) Iknilted
ststement DfNnanclal Athi¢ks Cor the Yegr Ended 31 Autust 2•24
dlldthglncome and Zxp¢ndl¢ur• Account *nd Statement of TotAI Reeognl8¢d GAlns and
Losxs)
Ummtrjeted
Rts¢rl¢ted
T•tsl
2024
ITKowt4wdEffldowm••ts
Donati￿$ and ky¢i¢s
673
1.82B.455
1.309
673
1.828,455
InYesThnent Income
Tothl inc(me
1.830.437
1,830,437
Rai5iog fuThJJ
lThoritdJle aetlviti
11soo}
1.727,095
11,s(
1.727 095)
TO￿leXPendi￿r•
1.728.595
1.728.S9
101,842
101I42
5.104
Netmowtrf in funds
It4946
15.104)
IOlJ42
Totsi JJndJ bmuRht fomrd
1.107.091
1214 037
1.214.037
Th¢ ttows oftpgrn 17to 30ftrfm an InteKrnl port of thE&B #¢•tenwts.
P¥e 13

Rudolf Stelner Scbool (South Devon) Llmlted
Statemenl of Flnanclal A¢dvld¢s for the Year EDded 31 A￿￿5( 2024
Ottcludloglheome alld Expendltsre Ateount And Stslement ofTot41 Rttognlsed *nd
L055es)
Total
2023
fund5
Dt¢
3,417
1.491n4
7.414
125
3J17
t.490,724
7,414
awitublE ll¢iiviIi¢5
Adlvltles forgmernting
iJOi.680
Expttsdltwt
1415)
{J.445.4311
14151
1.44S.43J
Ch¥iiabk ￿tly$ll¢S
Tthl expeTr]i
(IN45￿6
11.M5,846
Net Income
55.834
$5,834
NdmoveMt in fur
55,834
55J34
Total tYOUBht tuwjrd
1,051,257
1 107.091
5.104
The fill*JsbrukO)Trn for2024and 2023 li shm ltt no* 22.
The notes 17tts 30 forni ￿ intrgr￿ of tlve Ih*nciai ￿t￿lIents.
Py14

Rudoifstdner School (Soutb Devon) Llml¢ed
(Regtstradom number: 1693817)
Balance Sbeet as •t 31 August 2024
2024
2023
Note
1,54Q175
1.580J77
CxrreDtfiKets
Deb￿r8
Cash attqnk 4nd in h￿d
16
17
244,744
155,761
4￿.505
24AJSI
81.12B
327.679
Crellt•rv. AMouDts Only￿r
1381
40&509
18.997
17&83
TOtsIa￿•ts lew ¢iir¢ii¢hbUlths
.565,172
1,501,$47
389,J521
CTodlton: Anmunts fllllni •fter mor• gDeye•r
Net *iWs
19
1351,135)
l214,037
nds•rtb*th￿.
R4strlrted IDcom¢ funds
R¢thcted
22
S,IIA
U•ru¢rkted In¢•w
Unrestsi¢ta funds
lJ14,037
Trfal
1.111195
The Itnwthl sts¢¢M￿lts on pg8t4 13 to 50￿re apNo¥￿ by th¢ and lluthoriEed tr isAe ott 6 Mty 2025
¥MI &8ned on th2lrbebJlf by:
Tzu5ts¢
Th¢Trx¢& M pw$ 17 10 30 form ID Imey41 p•rtof thest st8lem&i

Rndoifstelntr Sehool (South Devon) Llmlted
Statement of C*sb Floivs for the Year Ended 31 Auguit 2024
2023
C4sh Ilo•yfr•m op¢r•dry•dlvld
101,842
55,834
fl•w¥frorn nowish
DepreuatNill
53,496
(1.31191
154.029
48.197
(125)
103.906
D¢¢rEax in d¢btorn
Incrcudlde¢r￿el in credit
16
18
19
91.806
122.968)
529
18577
(46.048
12
93,215
Cash flows IroTh
1,309
119.294)
125
(&0361
157
GhE¥c oftEnstbl¢ fi￿a¥￿e
SalBof tphiiblt fix¢dth¢ts
N¢1 cuh ILow5 from a¢tivitie
15
(17.985)
(7.754)
Cash 110￿ from IIMntlAS *CtITII
of lty*Js d#dbtimitizs
18
(35.747)
34.
Netiner¢u• 4uival¢Trti
74.633
51201
Cuh ￿d¢Wh ¢quiv4kthts At I Srfknb
29927
155 761
81.128
Ther￿￿& 17 1030 intc￿l pfftofthese finwlwl stdem¢
Pw16

RudolfStsln¢r School (South D¢voM) Llrnited
Notes to tbe n•#nelil Statemellts fortbe Ye•r Ended 31 All￿￿t 2024
The cb8rity is Jimited by 8thrnDIM, tr￿Al£d to &WaDd otld W&ks, 4ThJ colls¢qu￿ &)¢s nc4 hThe sb8T¢
iinl. EH¢h of the 1$ lithle to ¢￿tril￿tte ID wnow4 ¢xrK>Jing £1 to*Yrds the as8ety orth¢ ¢huity in
the ev¢ntof liwidatson.
Traddrnoflts K8is¢¢ndoffice" .
Hood Mamr
Dthingt
2 Act•u*thiipdlcles
S•mw*ry of slplllcAnt •c¢ountln8 polld4s key *e¢•uidNtqsilm41¢5
Th# priD¢ipBJ politi￿ •ppited A¢ th¢ Pr￿￿￿tiOn of these fwKial 5talements (mrt bth. Th
pj1ic￿havt been eon5iSt¢nlty •pplied th all tb¢ye•ts prts¢nted. Other￿5¢ 5tAts
StAtew*nt oftuMpM*nc2
The fmaDcial 818tern￿ b4ve be¢D WeF￿ed iti a¢cordan¢e with AceowLtiD8 llDd ReportitiB by OETiliek' Swetwt
•f R¢comme￿jed Prncti¢E appli￿ble to ¢bJtiti￿ Nepali￿ their ID a￿DId8￿ce with Fillao¢ial
R¢portiD8 Swthtd a￿l￿b￿ in thr UK •lld Repyb]k ofTr¢]llDd (FRS 102) (¢fft¢tiv¢ l J8ouary 2015). {Charities
SORP IFRS 102)}, the FinthÈi&l RepDrting Stahd*Yd appitt•b]e in the UK Ind kyblic of Irelgnd IFRS 102)
th¢ Compmiu Aet 2(#)6.The dateof tr4n5itiOrt toFRS I02W￿ I SeF*wh¢r2015.
•ls•f PnPAratlon
RUdoifs¢eu￿T Scb)Dl (&YJth DevorL} IAmityJ m¢¢ts th¢ &fjniiioll of • pthli¢ bcL¢fii eutity FRS 102.A65118
attd lillbtlili¢5 Art initially rr¢opwSEd ￿ hithriclll curt or wthlt46 swed ID th¢ rtkvaot
aceoLntin8 poli¢y Th)Te$.
Th¢fuMDci&I have bMApKepredM•goiTh¥ bosts.
Th¢Thwtees the use of 8OLttg ¢on¢ern 15 ￿pro￿lItI i& whEthu th¢r¢ any moterlAI wK¢rfwnti
r¢l*ed to ¢vtnts or tfjttdi¢iow thil may cast si￿1r1¢￿t doubt th¢ •bility of the eh4rity to ¢ontinue going
eant¢m. Th¢ mHk¢ th15 a$￿S￿eNt In r¢spu¢ of o p¢riod of 0￿¢ yev froty the date of approval of the
fiuHnci•l statem￿1*
IAknur'¥ VAT pollcy • sigllif￿￿ imp¢i upoj th¢ schoDI. In January 2025. whts th¢ VAT exewtion OA
iDd¢pthd¢ut s¢boots was the school ftduc¢d ftts by 15% to elYwtiv¢ly pm& ottiy 5% of VAT ont
pIMt& The subseqllcnt leth￿￿0￿ in In¢ome & res¢rurttw¢ in Novernbcr 2024 •wltich ￿&￿Ced stsff
numb#8 knd fortta5t & dtsficil of£25k for 20Z4125 and In optfational Su￿1￿$ of £25k. Th¢ 2025ll6 yeBr Mll hve
An openbonttl Surplus with thE opiion to reduce costs if iKoftw 15 not suffictent 10 crtllte outcome alonc.
Th¢refor4 trllsttts w¢ Confldthr Ihw th¢ #hool ¢ontinuE5 Tr5DUT￿ to Contin￿ In OF•Trtionol
Page 17

Rudolf Stekner Sclool (South Dev•n) Lknitrd
Nfjtei to the Fknand*l Statements for the Year Ended 31 Auygt 21124
Jud8eM*ttts
Ddrntitrti gf ikn there Bry lttdtWOR8 of of thE Charity6 tsn8ibk Imo
of th¢ w6¢L.
K¢yMurees •fesll•MdoD UnCtrt•lnty
TknBilple ftted assets depreciweA Dver their w5¢fv1 Jiv¢s taki￿ lo￿ ar¢(￿t r¢sidu41 whern
The a¢Tr￿l lives of the assets slld rtslthl VBl¥¢s #rr W55Ed wbwally •ttd vary depeDdloB ¢)n D rwtllbEr of
ra¢lon. Jn ￿-B$SH￿S 455¢1 liv¢& f¥torn Is 1th)logic￿ ittttovAti0￿ DrothKt lifr ¢ycl¢s ￿ MEID
rrfogromrn¢5 4T¢ tak¢D ￿10 ac￿￿1. Reslduttl vahje •￿eSsM￿ts ¢on5id¢T issues as market etsndlti(K4 the
lifr of & assd Shdproi¢C￿dl5P0sal v•iue& The carying unount i5£1,54A17512023 41.580J771.
The rewv¢rabilty of book dtbts 1$ r¢¥iowed by maM8ement a povlsion ts made b￿d rn 411 the infornmti
uv•iI1b￿ Th¢¢•tryins •mNllt Is £374,742 (2023 -£359J041.
All itieome is reCo￿lSed ott¢e the dwity Ims enliti•rtni 10 th¢ illcow It Is prrtjQb￿ that th¢ will be
re¢eivedJndth¢ *tDow* oftt*rrtoti* rt¢eiv0bk￿beM¢aSur¢d telillbly.
Doth￿1(￿$ are recogHis•l when the ¢huity hN¥ b¢¢n notifid in ttritlns of both thu &fttr)unt 4nd uettJ¢rn¢rt d&*. In
th¢ evem thai a dmarfon is FJbjc¢t to conditims thot rcquirc i ic¥el of ￿fornia￿¢t bythe dthybefore the ¢hwity
il erytitied to the thlld& th illCL￿ is defttttd alld not Re0￿￿sed uwil eith¢r th05¢ C(￿0111￿ gre fjjlly or the
lfibn¢ut of collditiODS is wholly withiti the ¢oNtrol otth¢ (kniry Aod it i% probthle that the8e condiiioDS will
b¢ fylfilk41 lath¢ ryurtitt8peri(Al.
Del•rrediwcMe
it hH5 b¢¢ll ￿K[ye4L s￿￿￿￿e0￿e 1$ olltydefert¢d WI￿.
- Sehool f¢¢5 invoi¢¢d in •lYan¢eof neXt￿hNl year.
-The donorsFeiftes that the ordohation tnwl onty bcu8¢d in fjJAWe a¢￿A￿th1O rkriod%' or
.ThrdMorlws lttwrt¢d¢oAditsons wh2th ￿me[befOre the cknity haswKondltioJul eniidcmcrt
ExpEndlt•t*
All exp¢Thdityr¢ ￿ wised c￿¢ th¢r¢ is a kyl ot ¢otth¢tsv¢ Obligati￿ ￿ thAt apudits￿. it 15 prob•bl¢
J¢ttkrntht ?J required thd the wnrAmT C4n be relithty. All eosts &re￿i￿d to thB dpplieable exp￿dIn￿¢
egdinx that *ggr¢gate similar ¢osts cth80ry. Whcre cos¢S cath￿1 be diffCltyatm￿ to ￿ti￿laT￿￿1￿￿
thcy hllvc all0￿d on a b•sii conSiEt¢ni Ivith thr us¢ of r4sowces, with ¢enty41 $tyff ¢osu allocattd on th¢
Is of time $peo4 aftd dryr¢ci4¢iw ¢b•rll¢s ￿l¢￿ted the wliott of Ibe wet'i we. Othu aye

Rudolf Stekner Scbool Isouth DevoD) Llmlted
Notes to the Fln*ntlal Sthtements for the Ye•r Ended 31 August 2024
tradi￿ 4Gliviti¢s thtt tail¢ fimd
Clwitablc expendlture comwi5¢5 th05¢ costs Incwred by the ¢hg¢ity in the delivery ofits aciivitim and ¥¢ry1￿ for
ity benef￿1*riCS. It W￿ludeS both th•1 be alIL￿￿kd directty to M¢h #¢tivittes thwe costs of an iLwJirrtt
These in¢lud¢ the c£6ts atyriblltable to the ¢hrity'8 compliuce tOn$ti￿￿o￿ &id Jtsttttory
In¢1￿1•n$ A￿lL•traI￿¢ mahos¢nKrf ¥￿Tn￿g$M¢￿in4S •￿￿1[￿￿W￿d￿¢r￿e&
T*xatlo
Th¢ elwity is ￿r￿der>I the te6ts ietout in pW48rn￿ I Scbethile 6 of Ihe Fin1￿¢ A￿ 2010And thertrO￿ 1¢
mt¢ts the definliion of a¢hArilablewnpw f¢rUK co00rnt￿ puwrJ. Accordingly• the Chwity is potentiilty
e%¢mpt fram thx￿10￿ iti Tcipert of income or capltsl 8ainS Tcceived ￿thin ¢ate8orles ¢ov¢rtyJ by Chllpt¢r 3 Part 11
of thB Corporn1￿ Tax A¢¢ 2010 or S$¢tii)n 256 of th¢ Taxauon of ChaT8*thlv Goin5 Act 1992. to ts ¢xt¢nt thit
or84in5￿ appILtdexelu8ivdy to ￿￿1%￿b]e pwpo
T•n8lbk fiAed
lodividual fixed auets c•s¢in8 £200.i¥J ornKttare lftitiallyt¢¢0Td￿ •tcui.
D￿reCIll￿n •Dd ALWJrtli*th
D¢￿¢411110n 18 Fwvided ott IAnKlyle fixa so off th¢ or w￿￿￿100, ks$ w e4im•tsd r¢Bidui
v•lu4 ovw thelrexptcted USefi￿ life ts follows:
AM¢t
Freehohl Interest inbwlikntt
Deprtdlthx I￿1b0￿ pn41 rate
h ltra18btlh*b￿ls
I￿A. 20% strai￿[
Tr•le debtLNS TecowJi8ed Init￿llY at the transl￿n pric& A provision for the it￿￿m)ent pf tr•Je deb￿ is
esthblisbed thue is objeciive evidryK* thai ikn thllrity will bpJLbk to collect atl du¢ ￿￿[ding to
C&5b *Dd equlvaleits
C*8h and ¢L8h •4uivolents wmpriBe cash on haThJ artd call th￿lts. And other short-t¢Jm hlRhly liquid invesknthts
th&t mdlly con¥ertibl¢ io aknowm Rmwui 8rtd4re subjtttto In I￿1￿￿]￿¢1￿t risk of <*4Tr8t in val￿.
Pw19

Rudolf Stelner Sehool (South Devon) Llmlted
Notej to ¢he Fknandlil St4tsments for the Year Emded 31 2024
Trade fredlt•
Trade creditorn *r¢ obliptioD5 ¢0 w for goth or gervi¢t8 i*¢n ID th¢ ¢Yduwxy Mw¥e or
busirtes8 fmm suppli¢n. Ac¢ouuts payable c14ssified ￿ tiurtDI liabilities if the ¢hllrity d9¥ DDt h&ve
￿￿OndItiOnal ri8lLi at the t1￿ of the rwiing period, to defer Settlem￿ of th¢ qEdiwr for at1¢45t ￿￿ve mih$
after Ihe reportlTJ8 date. If tl*rE 15 ¥ wncoTrJitionai right ￿ defer fr* * I¢￿ nK*rths •ft¢r th
Teportin8date. swuentul liabililies.
Borrowl•8J
e subsequethtiy ¢tirricd atamortijed ¢oM. with Ihc difftrence bet%%en the proL4ce&, t￿t of frnTrsxtion costs. the
nount due ￿ redemp¢ion b¢ins Ttt•BniKd 4s a to th¢ Swem#)t of FittgnciII Activiti¢s ow the ptriod of
lthr¢# exFwe 1$ r¢co8Mwd otL the iwis of thE effe￿1¥¢ ￿t￿¢st methcd atkl 1$ illdutsj li iThlettsi piyobl¢ •nd
BoThowin85 Are cknsslfled as ¢urreni Ilabili&5 wIE55 th¢ ¢knty th154n Un￿￿1110￿1 ri8hito defer*ttI￿ of the
li*bility forat lewt ¢welv¢ month$ Aft￿the reporting da
Ford8ThUtILaw
mDrtthry wi li4)ilili¢5d¥tmnwJ￿I in ¢￿￿￿¢1¢5 # the b•lanc¢6lKeid#
Fgftd 8trllttDr*
ULveslrict*J fthnth ￿£￿￿￿[￿1 fwth thDt w¢av•ilnble hr use at theTntheu dixKIion ID ffijrtbw￿ of th
objxtives of the ch8rity.
kestricied ittcome arc those ￿L￿t￿ for use kn a ar¥L or for ryxific purpw the of whi¢h is
t¢strict¢dto nruorpurpo
PeDsloAs aDd •thtrpwtredromeDt obllptt•
The charityoperntes a defined cDntnl)ution pty￿]0n Nthi¢h 15 • pemionpkn fixcd c￿￿￿0b￿lI0
Ire PAid Into a ￿nSIOn chorlty Iws Do leK41 or ¢onStr￿lIv¢ obliwion to w fwth¢r ¢ontribAlions e
if the bJDd ¢kns not hold sufficient AS6ets to pay ¥tyJloye¢s th¢ ben¢f￿ rGl#tin8 10 wioyee 8¢rvi¢¢ ifL the
ftelll aThdpttwxperiodL
ContribwionJ to deftned ¢0nthTr￿10n pl￿# *Te ttco8nised ift Ihe Sth*meM of Finattti&l A¢tivilies art

Rvdolf Steiner School {South Devon) Limlted
Notej to tbe FlllAD¢ial Stqtements for the Ended 31 AMgu8t 2024
3 JM¢orne from tknitlms le8￿1
UNre8trl¢le
fum
Gtm¢r•l
T•tal
2•23
And I$￿1￿%.
Appeats and DonatiDnS
673
673
673
673
3.457
UDre5trkte
fun
GM¢Tal
T•tsi
2•24
T•t*l
2023
1.763.980
1&93B
1.763,980
16,938
47J37
JA44.734
19JOO
26.490
Other
1.490.724
TotAI
2024
Total
7.414
7.414
UDT¢Jtrl¢t¢d
rryDds
Gener*l
T•tsl
2•24
Tothi
2023
Intere#ttcfivBbleon drpc6its
1309
125
P•8e 21

Rtsdolf Steloer Sehool (Sollth DevoD) Limitsd
Notes to th¢ F￿￿¢111 Stxttm¢nts for theyear Ended 31 August 2024
a) Coth oftt•d**dlvlths
T•1
2024
T•t*l
2•
Gen¢r#l
Fundrn&siD%
1.500
l J(M)
415
415
U•rHtrlct
T•tal
2014
Geoer*l
2823
Nott
EthcattOD
263,956
287.732
54228
12S3IXI
155.031
54228
l J53
155.031
1.727 095
47.854
998MZI
111.024
1.727.09S
1445 431

Rudoifstther School (South Devon) Umlled
N•)tes tts ¢h¢ FkniM¢lal Statements for the Year Ended 31 AuiLrf 2024
9 wpp•rt ¢••ts
CoverMDt¢ tosts
VJnr¢8trictsd
To1*1
2023
Gen•ral
2014
OthcrJt4ff ¢￿ts
Alldil f
Auditofthe financial
1988
4.139
7.982
3276
62.625
1.779
76J81
9.744
3.180
39226
538
54.197
3,276
61625
L¢BLI fees
Mafkdins Ind publi¢ity
Y6,381
155.031
IliJ24
lo NetID¢0￿Y1￿U11W rnour
Z•14
2923
knlii
i•ssw diswAI of fix¢d o$8th b¢ld forth¢ dwttys
￿¢￿tellI1(￿of fixed Bwqts
7.982
13(
54.528
9.744
(343)
48.197
11 ARdexp•n
No h4v¢rtMlved any t•1Mb￿¥od ¢xptmeJ or•nyoth¢r iK•efits from th¢ ¢hirttythrin8 tky

Rudolf Sklner Srhool (South D¢von) LIMlted
Notu ¢fj the Flnan¢lg1 St•t¢memts for th¢Y¢8r Ended 31 Augvlt 2•24
12 StAff eojts
Sta(rtO5tsdDrlry theytarwtt
Wa8e5 solArics
SOCI￿ 8euuity ¢ostJ
ion ¢05
1,136.641
94J82
22￿1
914.207
6A308
1&306
4,139
l.W2.960
1.25&838
ThB ]bDttthiy weta8e of pergoos li￿lUdi￿¥ oenlor t￿￿ettI Il¢wlEThlup t¢8m) wloyed by the
in8 the yurexprts8•Ju fjjll tm¢ follo￿.
N•
it•bk 0￿]vIll¢S
¢mpkn¢ b￿gr￿S•(th¢ k¢ywaDBsW￿PV9OL￿j ofthedmrfty £103J701202J.£9Q450
2024
21
Alldit of the srattnt
9.744
Other frts 1•4lldlto
3276
3.180
14 Toxalh)

Rudolf StsIAer School (South Devon) Llmlted
Notes to tbe Flnantlal Stalemtnts for the Year Eud•d 31 Auguit 2024
15 Tanobie Ilxe41 •Mets
Laud
bulldknp
Fyrnlwr¢ •nd
eq#lpmewt
Totsl
At I SeMen*er 2023
Additlons
Di5P05ds
Ai 31 AwwJst 2024
DRpT*elidoth
I Swttbtr2023
2253,828
17.011
242278 149filQ6
192M
1031
11.031)
2270.839
243J30
694.201
4S,076
221.46B
&420
1,031
91s.n9
53,496
(1.031
Ellminlkd on ithsp(*als
At 31 A￿￿￿t 2024
739J37 ￿157 ￿194
NÈt b•ok v#lu•
At 31 AuBwt 2024
Ar31 AuRwt 2011
lJ31
2 14673
1559 567
l.S80
20.810 ￿77
16 Dtbt
20
23l462
200.541
5.020
4882
240.551
17 C*th •Dd •ylv•ients
2•24
2023
2.192
52.937
IIJO.632
155.761
981
79231
916
Pw25

Rudolf StelDer School (South Devon) Llmlted
Notes to ¢he Fli•n¢lal Ststem¢nt$ for ¢he Year Emded 31 Au8us12024
18 Credknri: •moMnts f*lllngdw*lthlrt OnEyéAf
IoAns
Trnd¢ ¢r¢dilOtS
OtberknB
27956
174N7
25137
161,678
2559
3.926
17.247
14&220
r ¢redito
A¢¢ruals
3J56
14,758
192268
406.509
Crediwrj withill otte year includes the following liobiliUr4 oll vthich xcutity has beetliivcn by th¢ thAty'.
2024
Bwthloun
27.956
25.837
&6l2
3<449
36.919
19 CredIth￿. fAIIIMgdu¢ After•lleyoar
M24
2011
293.075
58.1
351 l35
321330
389.352
2•24
After ftx)rethah l1¥¢>￿bY IrA#lments
187.763
221136

Rudolf Strh¢r Sehofjl (S•uth D¢von) Umlted
Notes to tbe Flnin¢l#l Stat¢me#lJ for the Ye*r Ended 31 August 2024
Bank Iow•s •verdrafts alt¢rffft yta
B4Dk 108ns ate a ¢ombkniioD of 2 lo9￿ ￿ fulltrws:
Bank 108n l i8 st￿led by a le$￿ cbHrye over the frethold ￿l￿EsS pyoptrty. Hood Manor over 19 yMr5 with the
itwailmetht July 2034. lTht¢rut char￿d at 4 fixd of 4.84% an th¢ IoHn fcf thc ye4T •mounted tts
£14,556 { £ISJ12- 2023).
loan 2 is a uwur¢d sov¢rllme￿ bAeked Covld BoutKe fv £$0.(￿ over 10 yurs with the ADSt•JJmeTht
thEe M&y 2030. Inte￿81 is ¢bW at a f￿￿ of iDtuesl ￿ 2.5% p¢r for th¢ yeAr
to £921 (4161- 2023>.
Other Afterfl%*y¢
Th¢ otller Iosn i$ S¢¢ur￿ bya 14al thar8e over the freelLold business propew. Hc¥wl fvIAnor. fwin8 2021 fllwKial
yw a fthr £6O.000 WAS borrow¢d and the to￿ per￿ exr¢lldbJ redu¢ill8 mottthly repymellts with the fwal
iDsthltD￿t Mty 2031. JnteYe8t ¢h￿d at a rate of 4% varith on thB lo￿ for the )wr to Q910
{£2208-20231.
I I￿1b￿l m*der blrepurtbwt•DIw
Totsl futh mininurn lellSewTh￿ts MTtreanceLlable opuadrt8 foltm:
1024
(Mh•r
Wlthth on¢y
2924
2924
8.772
21 aTrd otler s¢ken
The clLBrity roerth$ A defined eOntyibL¢ion pension schery%. Thv p]Lsion eom ¢bari¢ tor y¢tr repre•oMg
¢£**ributiQD5 ￿YabkbYdKC1￿Ity ty th¢Kbeme arrrnmtd w £2182713)23- £18.31%l
Pw27

Rudolf Stelner S¢hoDI {Sollth Devoll) IAmlted
otes ¢0 tht Flnakndal Ststements for theYMr EDded 31 August 2024
22 Fullds
Bsl*nce8t I
September
2•23
INc•ml
Re50¥rM
ruo¥r¢u exp#thd Trusf•Ti
1024
Unre*rleted f•Dds
GcDeT41 fond
l.If17.091
1,830,437
11.724595)
I,214￿37
kn¢th¢¢d funds
atrj ctatl$
5.104
5.104
TDtslfuD
I IIL195
1.728.595
l 214 037
Septethr
Iotomlni
Rwtstc
I￿￿de4
B￿￿ntE at 31
Au8y* 2•23
GMrn71
1.051357
{1.445,846)
1.107.091
Ats and¢rafts
5.101
1104
T•tsl (uAds
1.0S6J61
1,501.680
{1.445.846>
1.112.195
Th¢ 8pe¢lffi¢puYposMforwhich the **tob¢applid are￿ follo￿.
Th¢ ATts wd Cnfts fiwd is to expxd *vail*bk for thr ¢knion or •JvJ ¢rAlls within tht
6¢ILooL
Th¢ bJl•rt¢¢ On the Ats apd CTth r¢$kn¢t¢d ha¥ been spenr ltt ¢Adler ￿ •nd is no Iwgr held for thls
SH]fpD&4 Eo the balan¢e has b¢¢ntswferred into UbweA?cired in 2024.
Page 28

Rmdolf Stelner Sehool (South Devon) Llmlted
Notej to the Flm*nel*l Sta¢tments for th¢ Year Ended 31 Auyst 2024
13 ADAty4s•TNrtoKets b¢twttafoDdi
Unréltrkted Tolal at
fthttds
31 ADys1
Gemer•l
T•Th8I)l¢ fixedasw¥
1.546.175
400.505
1381,508)
351,135)
1,546.175
400,505
138IJ08)
{351.135
L037 1214037
Tel￿ *t
31 A¥gwl
2023
Cumt lilblllii
CttdthorJ over l ycllr
T(4al ￿te¥s¢￿
funds
Genenl
Rt•ts4¢¢¢d
fund•
fixed￿￿￿
IJ8OJ77
32U7J
{406509)
389.352
1,580J77
327.679
{40A509)
1389.352
5.104
Cwrent11obilirf
Ti¢•l oet US¢¢s
lo7￿91
24 of xrfi)JAds
Syembr FIDaDdDg At31 Aue•#
2023
81.128
(34.987)
389J52
74ffj33
(1470)
3V17
Debt du¢*ithith ￿e}￿r
155.761
137,457)
Netd
343.211
S•ptethb¢r
2&22
Cath it bathk ADI illE•￿d
D•bEd￿wIth5tt
29,927
(34.711)
51201
81.128
{34.987)
NEt de
{42B.134
4321 J

Rudolf Stekner Scbool (Sollth Devon) IAD)Ited
Notes to the Fln*nelg1 StAtemtnts for the Year Ended 31 Au8VSt 2024
25 Related partytr*Ai*¢lloM
tkning thByCaT thE thrity mlldcthe pvty t[w￿liE￿I..
5¢hool fe
T￿￿ttt5 NI￿1￿ Ed￿0￿￿ Ben WhAiely •od Alt¥on Fisher ha￿ ¢hiidrell ait¢llthng the s¢b)ol as pupils. Invoitts
rrf p4rA*•l ￿M￿]bOtiOnS bav¢ bEeD rniEed ¢ornptyiD¥ with the fee 8nd fllmocioi U8C55DMI po]i¢y.
Jwltins itt B¢n WThat¢ly T¢Kiving • dL*ount ￿ I￿￿￿1th th¢ policy. outsW￿lD$ fees Ire 4 Combin￿70￿ of fjv¢rOts
fees and term lttv(dces ralsed kn Advortrt INI deferrtd In the 4¢WUDts. At the hllnte date the Amtyjftt
due fmm Rudolf SteiDer Sch￿1 South Devon for S¢hcK4 feM to i Tnuteew88 £1303 {2023. £950 R￿Qlf
Steiner School South Devon from ThJsiees>
26 oif&iAnt•th•et 8mn84ll￿ts
On 17 Dx¢mt¢r 2024 thexhool refinanced rtpairyn8 the loons heid ovtrHood m￿Or totslling £332hOS.Th¢
cl￿1 ￿0k out lo￿ for £7tWJ.C￿ 8eawed on the fvll si¢t for 25 ye4TS duraiithL The irt¢res¢ th¢
new Iom is 4 Thi￿1¢ rate of 2.75%+b#¢ Tht¢. Th¢ relense of ¢•pii*l of £348m4m onty be uaed tr t￿111
Py30