Charity Registration No. 307005
Company Registration No. 01078648 (England and Wales)
NORTHEASE MANOR SCHOOL LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
BUSINESS
ADVISORS
& AecovNTANTS
One Bell Lane
Lewes
East Su55ex
BN7 IJU

NORTHEASE MANOR SCHOOL LIMITED
CONTENTS
Page
Company informatr'on
Governors, report
Statement of Governors, responsibilities
Independent auditor's report
10-13
Statement of fi'nancial activities
14-15
Balance sheet
16
Statement of cash flows
17
Notes to the financial statements
18-36

NORTHEASE MANOR SCHOOL LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Governors
Mrs J Toben MIOD, MCIOF (Chairl
Mr D Carpenter (Vice Chairl
Ms P Field
Mr R Kantaria
(Appointed 25 June 20241
(Appointed 25 June 20241
Mr N Stanley
Mrs M Stebbing
(Appointed 3 Ortober 20241
Headteacher
Mrs C5tamos
Charity number
307005
Company number
01078648
Registered office
Newhaven Road
Rodmell
Lewe5
East Sussex
BN7 3EY
Auditor
TC Group
One Bell Lane
Lewes
East Sussex
BN7 IJU
Bankers
Lloyds Bank PIC
8 High Street
Lewe5
East Sussex
BN7 2AD
Charity Bank Limited
Fosse House
182 High Street
TonbridEe
Kent
TN9 IBE
Solicitors
Sherrards Employment Law Solicitors
4 Albourne Court
Henfield Road
Albourne
West Sussex
BN6 9FF

NORTHEASE MANOR SCHOOL LIMITED
GOVERNORS, REPORT (INCLUDING DIRECTORS. REPORTI
FOR THE YEAR EAIDED 31 AUGUST 2024
The Governors present their annual report and financial statements for the year ended 31 August 2024.
The linancial statements have been prepared in accordance with the accounting policies set out in note I to the
financial statements and comply with the charitable company's governing document, the Companies Act 2006 and
Accounb"ng and Reporting by Charities-. Statement of Recommended Practt'ce applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021" (effective l January 20191.
Objectives and Activities
The objects are Set out in the Memorandum of A550ciation as being the promotion and provision of facilities for
the advancement of education. Northease Manor School (Northeasel is for students aged between 7 and 19 who
have special educational needs and disabilitie5 ISENDI.
It remains the policy of the Governors that Northease should conb.nue to be a centre of excellence for the
education of neurodivergent young people.
We aim to provido an outstanding oducational environment that restores and increases young peoplos, solf-
esteem and educates the whole child, so that each young person has the tools they need to overcome the societal
barriers and attitudes to their specifi'c learning support need. The school has a clear and focused objectr've to
become a leading school in its fi.eld. We promote the academic, moral, and physical development of our students
through our academic curriculum, pastoral, and therapeutic care, sporknng, and other actr'vities.
The Governors havo read the Charity Commi55ion's guidance on public benefit, and the specilic guidance for
charities whose object5 include education. The Governors have paid due regard to the Commission'5 guidance,
and all who make decisions about the acb'vib'e5 the Charity undortake5 are Eoncerned to ensure that a roal
educab.onal benefit is provided to a broad range of students. The Governors consider that the achievements and
performance of the charity demonstrate success in this regard.
Governors keep under review the structure of the school to ensure that we meet the required standard5 for the
CLJrriculum. From the start of the Academic year 2019120 tho school ceased to provide boarding, focusing
resources on day students, and expanding our sixth form provision.
School Values and Position
The school has evolved to reflect those needs and aspirations that are sought after by parents, carers and
Students. The School 15 focuses on neurodivergent needs including speech, language and communication
diffi'cultr'es, aub.sm spectrum condition IASCI, dyslexia and other processing, Sensory and cognitive delay5.
The School's aim is to 'make the difference,. We achieve thi5 by..
Combining specialist expertise with pa55ion and freedom
Delivering impartFul outcomes for our students and all those who have touched their lives
RÈcogni5ing and valuing difference
Building confi"dence, character, and capability to realise students, potential
Clear expectab.ons of the school community'5 attitudes and behaviours are Set out in our school values-
Kindness
Safety
Effort
Attendance

NORTHEASE MANOR SCHOOL LIMITED
GOVERNORS, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Key Objectives
The school has a clear vision to become the leading special educational need5 provider,. equipping students with
the skills. attitudes, behaviours, and opportunities to flourish. We aim to achieve this by..
Being committed to educational excellence
Providing a personali5ed education through individualised solutions
Overcoming challenges with resilience and confidence
Supporting students academically and pastorally to achieve potential
The school's strategy is based on delivery in 6 strategic pillars-.
NurturinE our community
Creating collaborative excellence
Growing our people
Strengthening our partnerships
Driving operational simplicity
Sustaining strong governance and f>nancial resilience
Ethos
Northea5e is a charity benefiting neurodivergent children and young people who have not flourished in other
setlings. The school's fee5 are inclusive of all therapies, and it has a commitment to continue worknng with local
authorities and parents and carers to provide an education that meets the needs of its young people.
The school celebrates students of all backgrounds and prides itself on it5 approach to equalities, diversity and
inclusion which is embedded in the curriculum and school's culture.
The safeguarding practice in the school has been commended recently by ISI and the school continues to work
with all agencies in relation to keeping children safe. The behaviour of students at Northease is good, reflecting
the approach the school has in addressing behaviour based on individual need. The pastoral care allows students
and staff to work in a safe environment so that students achieve academically, emotionally, and socplly. many of
our students have communication needs and the school is committed to instilling the life skills and preparation for
adulthood required for students to contribute effettively to their communitie5 and society in general.
Northea5e believes in equality of opportunity and is committed to the development of staff in line with it5 key
objectives. At the school's core is a culture which genuinely celebrates diversity and champion5 inclusion. These
are more than just word5 for u5,. they are the har&and-fast principles guiding how we build our teams, cultivate
leaders, and create a community that is the right fit for every person inside of it.

NORTHEASE MANOR SCHOOL LIMITED
GOVERNORS, REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Curriculum
The curriculum is inclusive for all students. No students are restricted from entoring any route of study and as
such all have a balanced curriculum that meets thoir academic, social, and emotional needs. The school offers a
curriculum in line with the maintained sector and in addition has subjects such as Horticulture, Duke of
Edinburgh, Engineering, lifo courses such as 'ASDAN', PSHE as a distinrt class for all students, and a full
enrichment programme. We also have a 'Preparation for Adulthood, class in each year group that includes
Searning how to do the day-to-day tasks, including travel into the community, that many neurotypical people can
take for granted. The social aspect of learning is key for our studonts and this preparation for independence
beyond Northease is essential.
The school has ir)tegrated therapies as part of its local offer and students benefi't from education staff who have
been trained in practt.cal aspects of Speech and Language Therapy and Occupational Therapy. The thera py team at
Northease work with their teacher colleagues in partnership so that all students, needs are at the forefront of
what the school does.
We are able to offer P. E. classes, as well as sporting enrichments to all of our students as well as Sports Studies
and Sports Leadership for GCSE.
The Arts are exceptionally popular at Northease,. nourodivergent children and young people can often excel in
these areas. The school offers GCSE, and skills-based classes to all students and achieves excellent results. The
school also runs Project Northease, an arts-ba5ed Enterprise Project solely to promote the artistic achievement5
of our students. The end of year art, photography and textr'les show is always commended by parents, carers and
visitors.
Achievements and performance
GCSE results achieved by the students are, on average, more than one grade higher than predicted across all
subjects. The school accommodates for the academic needs of its students and uses standardised tests to
predict grades. Student needs are not just measured through academic attainment at Northease, rather the
whole needs of the child are developed through the nurturing, supportive nature of classes, therapies and
pastoral care.
Inspection
The school was inspected by the Independent Schools Inspectorate IISII in February 2022 and March 2023. The
school was found to bo fully compliant in all areas on both occasion5, Wlth no actr.on points or reccmmendations.
A further Local Authority safeguarding inspection took place in March 2024 which a150 did not raise any concerns.
Community
The School is now developing links Wlth local schools and businesses. The school development plan has a focus on
engagement for students and with the community as well as centring our focus on the target5 for each student in
their EHCP.
Northease hosts new-parent coffee mornings, training opportunities provided by the in-house therapy team, as
well as Parent Evenings, a 6th form Open House, Preparatr'on for Exams, and an Optrons Evening for those who
require planning preparation and an Open Morning for professionals and prospective families. Parents and carers
are welcomed on site to meet with teacher5, therapists and the senior leadership team whenever they need a5
we maintain an open-door policy. Within the wider community the school is developing links with similar Schools
and is conductr.ng and hosting visits to share current practicp and provide a network of support.

NORTHEA5E MANOR SCHOOL LIMITED
GOVERNORS, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUEDI
FOR THE YEAR ENDED 31 AUGUST2024
Financial ￿vIeW
The school's financial performance 15 linked to several factor5, the most significant being student number5. The
school has Successfully reversed an adverse position where student numbers had fallen to below 60. The
combination of two recent ISI inspection that met all compliance requirement5, and the support we hwe received
from our principle Local Authority partners (East Sussex CC, West Sussex CC and Brighton and Hove CCI has seen
student numbers increase year on year. The School started 2023124 with 107 students with more joining 'in year,.
Historically, low student numbers and a series of unexpected Significant costs, left the school running at seriou5
deficit for a number of years. Increasing student numbers, negotiating an increased fee level with all local
authorities over a three-year plan, and the improved oversight through the Finance and Estates Committee has
had a Significant and positive impatt and provided a robust platform for the long-term sustainability of the school.
The Governors approved a set of financial golden rules to ensure we have sufficient liquidity to cO￿r our regular
commitments; that we maintain active oversight of our loan portFolio and start to build reserves from 2021122
onwards.
The year ended with a surplus of £297,827. Works and investment5 that were due to be carried in the summer
were delayed and therefore. the planned expenditure not made, resulting in the increased unplanned ￿rplUS.
Major building works that were delayed have beEun in 2024 with the demolition of the temporary block at the
rear of the school after failed attempts to renew the temporary planning permission. Additional classroom spaces
have been created within existing building5 as a result. Additionally. stage two of the chimney resloration project
has taken place. Further works to improve the provision of the school are planned such as, a carpark extension
due to the growth of traffic within the school, further Chimney renovation5, ongoing maintenance to our Grade 11
listed building5 as well a5 further development of our intervention classes and resources. Further spending will be
need for the increase in salary tost5 due to Nl increases and the continuing increase in minimum Wa￿ a5 well 35 a
determinab'on within the school's Governance that staff are paid at a competitr've market rate.
Our financial plan is supported by a mortgage from Charity Bank,- a 25-year repayment mortgage for £410,000
whilst a previous three-year fixed term interest only mortgage for £50,ooo has now been repaid in accordance to
the terms of the loan. These were put in place a5 Part of our recovery plan to ensure sufficient capital was
available and for the school to start to make necessary investment5 in the estate and equipment.
We are a registered charity which means we do not have commercial owners and any surpluses are put back into
developing the school. We are Department of Education approved to accept students with local authorty funding,
if available, and because of our charitable status we can offer affordable fees for those who are self- funding.
Reserves policy
It is the policy of the school that its financial activities are maintained within a tight budget, which 15 approved by
Governors. The nature of the school's activities determines that the reserves fund. property, and other net assets.
are held to cover unexpected shortfalls on the Statement of Financial Activities. The Governors consider that, in
the event of a significant drop in short-term funding, they will be able to continue the school's athvities whilst
consideration is given to ways in which additional funds may be raised. In addition, we have agreed that we will
seek to build reserves each year with effect from 2021122,. to be agreed annually.
Investment policy and objectives
There are no restriction5 on the school'5 absolute powers of investment. The policy continues to te to put any
retained funds in higher deposit interest accounts.

NORTHEASE MANOR SCHOOL LIMITED
GOVERNORS, REPORT {INCLUDING DIREcfoRS' REPORT) ICONTINUED}
FOR THE YEAR ENOED 31 AUGUST2024
Principal Risks and Uncertainties
The Governors review the school's current and planned future activities in the light of known and emerging risks,
major risks and have the systems and procedures designed to manage them. The school is financially dependent
on local authDritie5 who have been adversely impacted tinancially. We plan future budgets based on possible
scenarios, such as tho proposed removal of business rates relief and VAT on fee5 in order to manage implications
tinancially.
The economic context is rapidly changing Wlth inflationupward movement and the continuing rise in energy
pricing plus increased material and labour costs together with increases in teaching and support staff salaries, are
being factored into forward planning. The rapid increase in student number5 through the last three years is giving
us further confi'dence that our financial plan is robust, but we are not complacent.
The school has been well planned through dynamic risk assessments and business continuity planning. An
increaso in fees was agreed with all local authorities as well as private fee payers for 2023 - 2026. We are now
receiving the second of the planned increases and negotr.ated a further increase with one local auth(Kity (who
however only places a handful of young people).
Our plans and strategies for managing risk Include maintaining effoctive internal controls, risk ￿gISterS, a
considered risk appetite. incident-reportr"nE and monitoring 5YStems and insurance cover where appropriate.
Plans for Future Periods
School numbe￿ have increased more than 50% in the past 2 years and the school was at capacity in 2022. For
2024 the school aims to keep student number5 at a manageable fi.gure arDund 110-115. To date we have already
exceedod our budgeted student numbers. The crisis facing SEND educational and family support systems in the
southeast is a siEnih"cant factor in the growth of admissions, but improved relationship5 Wlth our local authority
partners who see Northease a5 value for money in delivering excellent outcomes for our students Is the key factor
in the maintenance of student numbers. Increased fees with the local authorities has not had an effect on
placeTnents and increased publicity h35 assured our reputation a5 the gold standard for SEN D education locally.
Northease continues to offer a hiEh-quality provision that represents good value for money for our Stakeholders.
Current and forecasted economic conditt.ons had added to the school'5 challenges in delivering on planned
outcomes, and the school governor5 and leadership team are working tDgether to form a strategy to ensure the
school's continued success into the future. Following a safeguarding visit from ESCC in September 2022
considerable changes were required to ensure safeguarding,. these wero addressed and resulted in a further
inspection in February 2023 which had no further improvements required. A follow up inspection in February
2024 also had no improvement to note.
Strurture, Governance and Management
The charitable company's original constitution is per the 1972 Trust Deed and registered with the Charity
CDmmi5sioners under charity number 307005. Tho Memorandum and Artr'cles of Associatr"on119721 havo been
amended in subsequent years, the latest amendment being in 2021.
Northease Manor School Limited (the Trust) is the legal ents'ty that owns the land, buildings, and other assets of
Northease Manor School. The school operates as a charitable company limited by guarantee. The Board of
Governors of Northease Manor School Limited Ithe Board) are the directors and trustees of the charitsble
company. The agenda for all meetings takes account of these separate but concurrent responsibilitr"es.
NDne of the Governor5 have any beneficial interest in the company. All Governors are members of the company
and guarantee to contribute £1 in the event of a winding up.

NORTHEASE MANOR SCHOOL LIMITED
GOVERNORS, REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST2024
The Governors, who also act as Trustees and who are also the directors for the purpose of company law, and who
served during the year and since the year end were:
Mrsj Toben MIOD. MCIOF Ichairl
Mr D Carpenter (Vice Chairl
Mrstuart Bridge
Mrs G Des Moulins
Ms P Field
Mr R Kantaria
Mr N Stanley
Mrs M Stebbing
Mr A Walker MA NPQH
Ms C Wickham BA Hons, MA. R.C.A.
IAppointed 25 June 20241
(Appointed 3 October 2024 and resigned 8 November 20241
(Resigned 7 January 20251
(Appointed 25 June 20241
(Appointed 3 October 20241
(Resigned 31 August 20241
(Resigned 31 August 20241
Recruitment and Appointment of Governors
The Governors aim to maintain a Board with a diverse range of Skills and expertise. experience, and perspective to
provide effective direction and oversiEht. The Board consists of not fewer than five and not more tlHn 9
Governors. The Board ha5 absolute discretion as to the appointment of any governor. The term of office for a
Governor is three years and they are eligible to serve up to a further two terms.
The Chair is responsible for the leadership of the Board and ensuring its effectiveness in all aspects of its role. The
Chair facilitates both the contribution of Governor5 and the constructive relations between the Boatd and the
Head and Senior Leadership Team.
The Governors handbook includes role descriptions for Governors plus the Chair and Safeguarding Governor, a
conflicts of interest policy and a code of conduct for Governors, b35ed upon the Nolan Principles (the Seven
Principles of Public Lifel. Terms of Reference have been established for Academic and Finance and Estates
Committees.
The Board may from time to time, seek naminations from parents of students attending the school. The number
of Parent Governors must not exceed one third of the Board. A parent governor ceases to be a Governix on the
day their child leaves the School. No parent governors were in place during the academic year 2023124.

NORTHEASE MANOR SCHOOL LIMITED
GOVERNORS, REPORT (INCLUDING DIRE￿oR5, REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Organisational Structure
The Board is ultimately responsible for all aspects of the school and its future well-beinE. Through a Scheme Df
Delegabon, it has delegated to the Headteacher in their role as Chief Executs've, responsibility for the day-to-day
operation and management of the school. The BDard exercises an appropriate measure of control over this
delegated responsibility by..
Education & Charitable Objects
Approving the academic policy statement.
Annually reviewing the child protection policy and procedures.
Receiving data (but not the individual details) on formal parental complaints and providing a panel to
hear appeal5.
Ensuring that the charitable object5 of the school are met and that public benelit ensuos.
Finance
Providing written delegated financial powers to the Head of Finance.
Approving a ilive-year financial forecast.
Approving the annual revenue and capital budgets and regularly reviewing performance against these
budgets at least each term.
Approving fees to be paid by parents.
Keeping a regular oversight of unpaid fees, debtors and bad debts.
Approving any expenditure outside the agreed budEet at the school.
As governors of the Trust, overseeing investmont & investment property matters.
Ensuring that all matters relating to income and corporation tax, value addod tax and council tax are
being properly dealt with.
Reviewing the annual report and financial statements with the auditors and then approving them.
Receiving an annual report on all insurance cover, including that indemnifying the liabilitie5 of the
directors and offi"cer5.
Staff & Personnel Matters
Approving the term5 Df and conditions Df employment for all staff.
Approving all increases and changes to the approved salary scales and sethng the level of remuneration
for the Headteacher and the Head of Finance.
Receiving reports on compliance with change5 in employment law.
Monitoring the application of the staff discipline and grievance procedures.
Estate and Premise5
By way of a planned maintenance programme, ensuring buildings, plant and equipment are maintained
to a high standard.
Ensuring the school has appropriate policies and system5 to comply with all building Safety and health &
safety legislation.
Approval of changes to building redesiRn and LJsaRe and the development of new facilitr'es
Profe55ional Advice & Support
Appointing all professional advisers and koeping those appointments under review.
The full Board of Governors meets at least four times a year. A skills audit of tho Board was undertaken to inform
the recruitment of further suitably skillod Governors.

NORTHEASE MANOR SCHOOL LIMITED
GOVERNORS, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Remuneration of Key Management
The appropriateness and relevance of the remuneration policy is reviewed annually, including reference to
comparisons with other independent schools to ensure that the School remains sensitive to the broadw issues of
pay and employment conditions elsewhere.
Funds held as custodian trustee
There are no arrangements where the charity or Governors are acting as custodians.
Auditor
In accordance with the company's articles. a resolution proposing that TC Group be reappointed as auditor of the
company will be put at a General Meeting.
Disclosure of information to auditor
Each of the Governor5 has Confirmed that there is no information of which they are aware which is relevant to the
audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to
identify such relevant information and to establish that the auditor is aware of such information.
In approving the Governors, Report, we also approve the Direttors, Report included therein, in our capacity as
company director5.
The Governors, report wa5 approved by the Board of Governors.
Lcfru
MrsJ Toben MIOD, MCIOF Ichairl
Governor

NORTHEASE MANOR SCHOOL LIMITED
STATEMENT OF GOVERNORS, RESPONSIBILITIES
FOR THE YEAR ENDED 31 AUGUST 2024
The Governors, who aro also the directors of Northease Manor School Limited for the purpose of company law,
are responsible for preparing the Governors, Roport and the accounts in accordance with applicable law and
United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice).
Company law requires the Governor5 to prepare accounts for each financial year which give a true and fair view of
the state of affair5 of the charitable company and of the incoming resources and application of resources,
including the income and expenditure, of the charitable company for that year.
In preparing these accounts, the Governors are required to..
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charities SORP.
make judgements and estr"mates that aro reasonable and prudent,.
state whether applicable UK Accounting Standards have been followed, subjert to any material departure5
disc105ed and explained in the accounts,. and
prepare the accounts on the going concern basis unles5 It is inappropriate to presume tlwt the charitable
company will contr.nue in oporatr"on.
The Governors aro responsible for keeping adequate accounting record5 that disclose with reasonable accuracy at
any time the financial position of the charitable company and enable them to ensure that the accounts comply
with the Companies Act 2006. They are also responsible for Safeguarding the assets of the charitable company and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularits'es.

NORTHEASE MANOR SCHOOL LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF NORTHEASE MANOR SCHOOL LIMITED
Opinion
We have audited the financial statements of Northease Manor School Limited (the 'charitable company'l for the
year ended 31 August 2024 which comprise the statement of financial activities, the balance sheet, the statement
of cash flows and the notes to the financial statements, including a summary of signifi'cant accountiig policies.
The financial reporring framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financiol Reporting Standard
opplicuble in the UK ond Republic of Irelond (United Kingdom Generally Accepted Accounting Pratttcel.
In our opinion, the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 August 2024 and of its
incoming resources and application of resources, including its income and expenditure, for the year then
ended-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿.
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditor's responsibilitiesfvr the oudit
of the financiol sttytements section of our report. We are independent of the charitable company in accordance
with the ethical requirements that are relevant to our audit of the financial statement5 in the UK, including the
FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these
requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the fi.nancial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that. individually or collectively, may cast signifi'cant doubt on the charity's ability ID continue as a
going concern for a period of at least twelve months from when the financial statements are authorised for
issue.
Our responsibilities and the responsibilities of the trustees with respett to going concern are described in the
relevant sections of this report.
10-

NORTHEASE MANOR SCHOOL LIMITED
INDEPENDENT AUDITOR'S REPORT ICONTINUEDI
TO THE MEMBERS OF NORTHEASE MANOR SCHOOL LIMITED
Other information
The other information comprisos the information included in the annual report other than the financial
statements and our auditor's report thereon. The Governors are responsible for the other information contained
within the annual report. Our opinion on the fi.nancial statements does not cover the other informatr)n and,
except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion
thereon. Our responsibility is to read the other information and, in doing so, consider whether the other
informatr'on is materially inconsistent with the fi.nancial statements or our knowledge obtained in the course of
the audit, or otherwise appears to be materially m155tated. If we identify such material inconsistencies or
apparent material misstatements, we are required to determine whether thi5 gives rise to a material
misstatement in the financial statement5 themselves. If, based on the work we have performed, we conclude that
there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit:
the information given in the Governors, report for the fi'nancial year for which the financial statements are
prepared, which includes the director5, report prepared for the purposes of company law, is consistent with
the fi.nancial statements,. and
the director5, report included within the Governors, report ha5 been prepared in accordance with applicable
legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identifi'ed material mi55tatements in the directors, report included within the
Governors, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006
requires us to report to you if, in our opinion..
adequate accounting record5 have not been kept, or returns adequate for our audit have not been received
from branches not visited by us,. or
the financial statement5 are not in agreement with the accounting records and returns- or
certain disclosuros of trustees, remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit,. or
the Governor5 were not entitled to prepare the linancial statements in accordance with the small
companies regime and take advantage of the small companies. exemptions in preparing the Governors,
report and f rom the requirement to prepare a strategic report.
Responsibilities of Governors
As explained more fully in the statement of Governors, responsibilities, tho Governors, who are also the directors
of the charitable company for the purpose of company law, are responsib5e for the preparatr'on of the financial
statements and for being satisfied that they give a true and fair view, and for such internal control as the
Governors determine is necessary to enable the preparab.on of financial statements that are free from material
misstatement, whether due to fraud or error. In preparing the financial statements, the Governors are responsible
for assessing tho charitable company's ability to Continue as a going concern, disclosing, as applicable, matters
related to going concern and using the going concern basis of accounting unless the Governors either intend to
liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
11

NORTHEASE MANOR SCHOOL LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF NORTHEASE MANOR SCHOOL LIMITED
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statement5 as a whole are free
from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our
opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misstatement when it exists. Mi5Statements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities. including fraud, are instances of non-compliance with laws and regulations. The extent to which
our procedures are capable of detecting irregularities, including fraud, is detailed below.
Extent to whlch the audit was considered capable of detecting irregularities, including fraud
The objethves of our audit, in respect to fraud, are- to identify and assess the risks of material misstatement
of the financial statements due to fraud,. to obtain sufficient appropriate audit evidence regarding the
assessed risks of material misstatement due to fraud, through designing and implementing appropriate
responses,. and to respond appropriately to fraud or suspected fraud identified during the audit. However, the
primary responsibility for the prevention and detection of fraud rests with both those charged with
governance of the entity and its management.
Our approach was as follows..
We identified areas of laws and regulations that could reasonably be expected to have a material
effect on the financial statements from our general commercial and sector experience, and through
discussion with the director5 and other management las required by auditing standards), and
di5CUS5ed with the directors and other management the policie5 and procedures regarding
compliance with laws and regulations,.
We identified the following area5 as those m05t likely to have such an effert: health and safety;
General Data Protection Regulation IGDPRI,. fraud; bribery and corruption and employment law.
Auditing standards limit the required audit procedures to identify non-compliance with these laws
and regulations to enquiry of the trustees and other management and inspection of regulatory and
legal correspondence, if any.
We considered the legal and regulatory frameworks directly applicable to the financial statements
reporting framework IFRS 102 and the Companies Act 2006 and the Charities Act 20111 and the
relevant tax compliance regulation5 in the UK,.
We considered the nature of the company's operations, the control environment and business
performance, including the key drivers for management's remuneration;
We communicated identified laws and regulations throughout our team and remained alert to any
indications of non-compliance throughout the audit-
We considered the procedures and controls that the group has established to addre55 risks
identified, or that otherwise prevent, deter and detect fraud- and how Senior management monitors
those programmes and controls.
12-

NORTHEA5E MANOR SCHOOL LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF NORTHEASE MANOR SCHOOL LIMITED
Based on this understanding we designed our audit procedures to identify non-compliance with such laws and
regulations. Where the risk was considered to be higher, we performed audit procedures to address eLh
identh'fied fraud risk. These procedures included.. tests. ng manual journals,. reviewing the fi'nancial statement
discloskjres and testing to supporting documentatr"on- performing analytical procedures,. and enquiring ot
management, and were designed to provide reasonable assurance that the financial statements were fr
from fraud or error.
Owing to the inhorent limitations of an audit, there is an unavoidable risk that we may not have detected
some material misstatements in tho linancial statements, oven though we have properly planned and
performed our audit in accordance with auditing standards. For example, the further removed non-
compliance with laws and regulations lirregularitiesl is from the events and transacts'ons reflocted in the
fi'nancial statements, the less likely the inherently limited procedures required by audits.ng standards would
identify it. The risk is also greater regarding irrogularities occurring due to fraud rather than error, as fraud
involves intentional concealment, forgery, collusion, omission or misrepresentatt"on. We are not responsible
for preventing non-compliance and cannot be expected to detect non-compliance with all laws and
regulatr"ons.
A further description of our responsibilib.es for the audit of the financial statements is located on the Financial
Reporting Council's webslte at.. hrt
www.frc.Dr
auditrJrsres
onsibilitr'e5 This descriptr.on forms part of
our auditor's report.
Use of our report
This report Is made solely to the charitable company's mombors, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that wo might state to the charitable
company's members those matters wo aro required to state to them in an auditor5, report and for no (ther
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
the charitable company and the charitable company's members as a body, for our audit work, for this report, or
for the opinions we have formed.
David Martin FCA (Senior Statutory Auditor)
for and on behalf of TC Group
Statutory Auditor
Office.. Lewes
Date..
13-

NORTHEASE MANOR SCHOOL LIMITED
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST2024
Current financial year
Unrestricted Unrestricted Restricted
fund5
funds
fund5
general designated
2024
2024
Total
Total
2024
2024
2023
Note5
Income and endowment5 from:
Donations and legacies
Charitable activitr.es
Fundraising projects
Investments
Other income
5,881
5,881
3.152,282
2,109
5,809
55,316
325
3,152,282
2,109
5,809
55,316
2,839,352
2,642
1,451
116,980
Total income
3,215,516
5,881
3,221,397 2,960,750
enditure on:
Raising funds
Charitable activities
Other
2,328
2,857,804
5,381
2,328
531
2,915,861 2,739,370
5,381
53,897
4,160
15
Total expenditure
2,865,513
53,897
4,160 2,923,570 2,739,901
Net incoming resources before transfers
350,003
153,8971
1,721
297,827
220,849
Gross transfers between funds
1259,6761
261,542
11,8661
Net incomellexpenditurel for the year/
Net movement in funds
90,327
207,645
11451
297,827
220,849
Fund balances at I September 2023
271.687
1,505,979
155
1,777,821
1,556,972
Fund balances at 31 August 2024
362,014
1,713,624
io
2,075.648
1,777,821
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recogni5ed in the year. All income and
expenditure derive from continuing activities.
The statement of financial activitie5 a150 complies with the requirements for an income and expenditure account
under the Companies Act 2006.
14-

NORTHEASE MANOR SCHOOL LIMITED
STATEMENT OF FINANCIAL ACTIVITIES ICONTINUEDI
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST2024
Prior ftnancial year
Unrestricted Unrestricted
funds
funds
general designated
2023
2023
Restricted
funds
Total
2023
2023
Notes
Income and endowments from:
Donats'ons and legacies
Charitable activitie5
Fundraising projerts
Investments
325
325
2,839,352
2,642
1,451
116,980
2,839,352
2,642
1,451
116,980
Other income
Total income
2,960,425
325
2,960,750
enditure on:
Raising funds
Charitable activities
531
2,685,893
531
52,524
953
2,739,370
Total expenditure
2,686,424
52,524
953
2,739,901
Net incoming resources before transfers
274,001
152,5241
16281
220,849
Gross transfers between funds
142,0871
42,087
Net income/{expenditurel for the yearl
Net movement in funds
231,914
110,4371
16281
220,849
Fund balances at I September 2022
39,773
1,516,416
783
1,556,972
Fund balances at 31 August 2023
271,687
1,505,979
155
1,777,821
15

NORTHEASE MANOR SCHOOL LIMITED
BALANCE SHEEr
AS AT31 AUGUST2024
2024
2023
Notes
Fixed assets
Tangible assets
17
1.756,408
1,557,943
Current assets
Debtors
Cash at bank and in hand
18
897,732
979,802
948,918
663,719
1,877,534
1,612,637
Creditors: amounts falling due within one
year
zo
11,182,853)
11.008.516)
Net current assets
694,681
604,121
Total assets less current liabilities
2,451,089
2,162,064
Creditors: amounts falling due after more
than one year
21
1375,4411
1384,2431
Net assets
2,075,648
1,777,821
The funds of the charitable company
Restricted income fund5
Unrestricted funds - general
Unrestricted funds - designated
25
io
362,014
1,713,624
155
271,687
1,505,979
24
2,075,648
1,777,821
The financial statement5 were approved by the Governors on A-:
MrsJ Toben MIOD. MCIOF (Chairl
Governor
Company registration number 01078648 IEngland and Wales)
16-

NORTHEASE MANOR SCHOOL LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGusf2024
2024
2023
Notes
Cash flows from operating activities
Cash generated fromllabsorbed by)
operations
29
593,587
124,4441
Investing activities
Purchase of tangible fixed assets
Investment income received
1275,6341
5,809
170,3891
1,451
Net cash used in investing activities
1269,8251
168,9381
Financing activities
Repayment of bank loan5
17,6791
158,9121
Net cash used in financing activities
17,6791
158,9121
Net increase/ldecreasel in cash and cash
equivalents
316,083
1152,2941
Cash and cash equivalents at beginning of year
663,719
816,013
Cash and cash equivalents at end of year
979,802
663,719
17-

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST2024
Accounting policies
Charity information
Northea5e Manor School Limited is a private company limited by guarantee incorporated in England and
Wales and a registered charity. The registered office is Newhaven Road, Rodmell, Lewes, East Sussex, BN7
3EY.
1.1 Accounting convention
These account5 have been prepared in accordance with FRS 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland" I'FRS 102,1, 'Accounting and Reporting by Charities" the
Statement of Recommended Practice for charitses applying FRS 102, the Companies Act 2006 and UK
Generally Accepted Accounting Practice a5 It applies from l January 2019. The charitsble company is a Public
Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charitable
company. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting policies
adopted are set out below.
1.2 Going concern
The financial statements have been prepared on a going concern basis. The Governors have prepared
detailed budgets and cash flow forec35t5 for at least 12 months frDm the date of the approval of these
financial statements. On the basis of these, along with a robust recovery plan and together with support
from Charity bank, the Governors consider it appropriate to prepare the financial statements on a E(xng
oncern basi5.
1.3 Charitable funds
Unrestricted fund5 are available for use at the discretion of the Governors in furtherance of their charitable
objective5.
Designated funds comprise funds which have been set aside at the discretion of the Governors for specific
purposes. The purposes and use5 of the designated funds are set out in the note5 to the financial
statements.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charitable company 15 legally entitled to it after any performance conditions
have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charitable company has
been notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of
the donation.
18-

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Accounting policies
(Continued)
Schoo5 fee5 receivable are charged for services and use of the premises are accounted for in the period in
which the service is provided.
1.5 Expenditure
Expenditure 15 recognised once there is a legal or constructs've obligats'on to transfer economic b￿efit to
third party, it is probable that a transfer of economic benefi.ts will be required in sottlement and the amount
of the obligation can be measured reliably. Expenditure is classified by activity. The cost5 of each activity are
made up of the total of direct costs and shared costs, including support costs involved in undertaking each
activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which
contribute to more than one actr.vity and support costs which are not httributable to a single actr'vty are
apporhoned between those acts'vitie5 on a basis consistent with the use of resources. Central staff costs are
allocated on the basis of time spent, and depreciation charge5 allocated on the portion of the asset's use.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the cost5 of
disseminating information in support of the charitable activities. Support costs are those costs incurred
directly in support Df expenditure on the objects of the companv.
Costs of gonorating funds are costs incurred in attracting voluntary income, and those incurred in trading
activities that raise funds.
Charitable acb"vities and Govornance cost5 are costs incurred on the company's educational operations,
including Support Costs and costs relatr.ng to the governance of the company apports'Dned to charitable
activitres.
All resources expended are inclusive of irrecoverable VAT.
1.6 Tangible fixed a55ets
Tangible fi'xed assets are initially measurod at cost and subsequently measured at Cost or valuation, net of
depreciation and any impairment losses.
Capital items over £l,QOO are capitalised at C05t.
Tangible lixed assets are stated at C05t le55 depreciation. Depr@ciab"on is provided at rates calculated to
write off the cost less estimated residual value of each a55et over its expected useful life, as follows:
Freehold land and buildings
Freehold buildings
Computer hardwJrc & software
Fixtures, fi'ttings & equipment
Motor vehicles
Not depreciated
15 or 50 yoars Straight line
3 year5 Straight line
15/0 Straight line
25/0 Straight line
Tho gain or 1055 arising on the disposal of an asset is determined as the difference between the Sale
proceeds and the carrying value of the asset, and is recognised in the statement of h'nancial actr"vitt"es.
19

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL 5fATEMENTS {CONTINUED)
FOR THE YEAR EAIDED 31 AUGUST2024
Accounting policies
(Continued)
1.7 Impairment of fixed assets
At each reporhng end date, the charitsble company review5 the carrying amounts of its tangible assets to
determine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the
impairment loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
1.9 Financial instruments
The charitable company has elected to apply the provisions of Section 11 'Ba5ic Financial Instruments, and
Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charitable company's balance sheet when the charitable
company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recogni5ed amounts and there is an intention to settle on a
net ba5[5 or to realise the asset and settle the liability simultaneously.
Ba5icfinancial assets
Basic fi'nancial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortrsed cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the transaction
is measured at the present value of the future receipts discounted at a market rate of interest. Financial
assets classified a5 receivable within one year are not amorhsed.
Basicfinunciul liabilitie5
Basic financial liabilities, including creditors and bank loans are initially recognised at tran5actiDn price unless
the arrangement constitute5 a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classifi'ed as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from Suppliers. Amounts payable are cla5sifi.ed as current liabilities if payment 15 due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost Using the effective interest method.
Derecognition offinanciol liubillties
Financial liabilities are derecoEnised when the charitable companws contractual obligations expire or are
discharged or cancelled.
-20-

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Accounting policies
(Continued)
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
receivod.
Termination benefits are recognised immediately as an expense when the charitable company is
demonstrably committod to terminate the employment of an employee or to provide termination benelits.
1.11 Retirement benefits
The School operates a defined contributions pension scheme. Payment5 to delined contribut.on retirement
benefit schemes are charged as an expense as they fall due.
Acadomic staff are members Df the teachers, suporannuation scheme administered by the Teachers, Pension
Agency. contributr.ons to the scheme are charges to the statement of financial activities a5 they f311 due.
Critical accounting estimates and judgements
In the application of the charitable company's accounting policies, the Governors are required to make
judgements, estimates and a5sumption5 about the carrying amount of assets and liabilities that are not
readily apparent from other 5c)urce5. The estimates and associatod assLJmption5 are based on historical
experienc2 and other factors that are considered to be relevant. Actual results may differ from the
e5ts'mates.
The estr.￿ateS and underlying a55umpts.ons are reviewed on an ongoing basis. Revisions to accounting
esb"mates aro recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and f uture periods where the revision affects both curront and future
periods.
Key sources of estimation uncertainty
Depreciation
The charitable company exercises judgement to determine useful livos and residual values of property, plant
and equipment. The assets are depreciated down to their residual values over their estimated useful live5.
Donations and legacies
Restricted
funds
Restricted
funds
2024
2023
Donations and grants
5,881
325
21

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Charitable activities
School fees
Other school
income
2024
Total School fees Other school
income
Total
2024
2024
2023
2023
2023
Gross fees
Less: Bursaries and
discounts
3,126.668
40,212 3,166,880 2,825,141
16,521 2,841,662
114,5981
114,5981
12.3101
12,3101
3,112.070
40,212 3,152,282 2,822,831
16,521
2,839,352
Income from other trading activities
Unrestricted Unrestrirted
funds
fund5
2024
2023
Fundraising events
2,109
2,642
Income from investments
Unrestricted Unrestricted
funds
funds
2024
2023
Interest receivable
5,809
1.451
-22-

NORTHEA5E MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 AUGUST2024
Other income
Unrestricted Unrestrirted
funds
funds
general
general
2024
2023
Rent and letting fees
Registration fees and miscellaneous income
2,988
52,328
2,988
113,992
55,316
116,980
Expenditure on raising funds
Unrestricted Unrestricted
funds
funds
2024
2023
Fundrnising and publicity
Fundraising evonts
2,328
531
23-

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL sfATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 AUGUST2024
Charitable activities
Teaching and
educational
Costs
Welfare Support and
Costs administration
costs
Premises
COSt5
Total
Total
2024
2024
2024
2024
2024
2023
Staff costs
Depreciation and
impairment
Other costs
1,848,912
163,916
285,550
2.298,378 2,110,689
10,645
49,295
7,246
235,529
53,897
161,996
71,788
487,778
68,286
511,103
40,958
1,889,870
223,856
528,325
215,893 2,857,944 2,69a,078
Share of governance
Costs Isee note 111
57,917
57,917
49,292
1,947,787
223,856
528,325
215,893 2,915,861 2,739,370
Analysis by fund
Unrestricted funds -
general
Unrestricted funds -
designated
Restricted funds
1,947,787
223,856
524,165
161,996 2,857,804 2,685,893
53,897
53,897
4,160
52,524
953
4,160
1,947,787
223,856
528,325
215,893 2,915,861
2,739,370
-24-

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR EIVDED 31 AUGUST 2024
Charitable activities
(Continued)
For the year ended 31 August 2023
Teaching and
educational
costs
Welfare Support and
costs administration
COSts
Premises
costs
Total
2023
2023
2023
2023
2023
Staff costs
Depreciation and impairment
Other costs
1,696,583
139,699
10,644
48,499
274,407
5,118
209,328
2,110,689
68,286
511,103
52,524
195,813
57,463
1,754,046
198,842
488,853
248,337
2,690,078
Share of governance costs (see note
iii
49,292
49,292
1,803,338
198,842
488,853
248,337
2,739,370
Analy515 by fund
Unrestricted funds general
Unrestricted designated
Restritted funds
1,803,338
198,842
487,900
195,813
52,524
2,685,893
52,524
953
953
1,803,338
198,842
488,853
248,337
2,739,370
10 Charitable activities- other costs
Other costs relating to teaching and educational costs
comprise=
2024
2023
Educatr'onal equipment
Professional development
Specialist fees lexamsl
Tuck shop expenses
23,280
7.551
7,265
2,862
21,418
21.091
12,279
2,675
40,958
57,463
25-

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 AUGusf2024
10 Charitable activities - other costs
(Continued)
Other costs relating to welfare costs comprise:
2024
2023
Catering supplies
Catering hospitality
45,14D
4.155
45,318
3,181
49,295
48,499
Other cost5 relating to premises costs comprise:
2024
2023
Council tax & water
Insurance
Fuel & light
Health & safety
Buildings maintenance
Grounds maintenance
Household expenses
Swimming pool expenses
10,707
35,797
65,113
7,183
23,937
6,428
10,577
2,254
13,226
37,248
71,522
10,362
32,402
8,035
10,452
12,566
161.996
195,813
Other costs relating to support and administration costs for schooling
comprise:
2024
2023
Stationery & printing
Postage
Telephone
Television, film & cameras
Legal & profe55ional
Recruitment cost5
Travelling & motor
Maintenance of equipment
IT development & support
Bad debts
Miscellaneou5
Subscriptions & licence5
Out50urcing
Licences
15,853
925
15,968
349
9,825
159
3,731
2,020
3,3DI
19.409
70,120
11,8001
9,826
14,936
50,709
10,775
9,290
329
8,517
2,661
4,346
27,317
59,032
12911
12,018
18,183
67,407
9,942
235,529
209,328
-26-

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST2024
11 Governance costs
2024
2023
Audit fees
Accountancy
Legal and professional
Bank charges
Clerking costs
L03n interest
12,540
402
11,340
2,250
4,310
864
4,483
12,4691
10,067
32,894
1,419
29,109
57,917
49,292
Analysed between
Charitable activities
57,917
49,292
12 Net movement in funds
2024
2023
The net movement in funds is stated after charging/lcreditingl'.
Fees payable for the audit of the charity's financial statements
Depreciation of Dwned tangible tixed assets
Loss on disposal of tangible fixed assets
12,540
71,788
5,381
11,340
58,286
13 Governors
None of the Governor5 lor any person5 connected with theml recoived any remuneration or benefit5 from
the charitable company during the year.
14 Employees
The average monthly number of employee5 during the year was-.
2024
Number
2023
Number
63
62
27-

NORTHEASE MANOR SCHOOL LIMtrED
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
14 Employees
(Continued)
Employment costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
1,885,095
146,891
226,304
1,763.486
139,270
197,479
2,258,290
2,100,235
The number of employees whose annual remuneration was more than
£60,000 is as follows-
2024
Number
2023
Number
£60,000- £70,000
£80,000 - £90.000
Remunerntion of key management personnel
Key management personnel received remuneration. which includes employers Nl, and employer pension
contributions, as follows-.
20Z4
2023
Aggregate compensation
317,476
300,087
IS Other expenditure
Unrestricted Unrestricted
funds
funds
2024
2023
Net loss on disposal of tangible fixed assets
5,381
28-

NORTHEASE MANOR SCHOOL LIMffED
NOTESTO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
16 Taxation
The charity is exempt from taxation on its attivities because all its income 15 applied for charitable purposes.
17 Tangible fixed assets
Freehold Computer
Fixttires,
land and hardware &
fittings &
building5
software equipment
Motor
vehicles
Total
Cost
At I September 2023
Additions
Disposals
3,207,491
261,542
18,823
14,092
60,720
34,450
3.321,484
275,634
112,5321
112,5321
At 31 August 2024
3,469,033
32,915
48,188
34,450
3,584,586
Depreciation and impairment
At I September 2023
Depreciation charged in the year
Eliminated in respect of disposals
1,701,512
53,897
11,634
6,274
24.240
7,247
17,1511
26,155
4,370
1,763.541
71,788
17,1511
At 31 August 2024
1,755,409
17,908
24,336
30,525
1,828,178
Carrying amount
At 31 August 2024
1,713,624
15,007
23,852
3.925
1,756,408
At 31 August 2023
1,505,979
7,189
36,480
8,295
1,557,943
18 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
868,490
29,242
914,533
34,38S
897,732
948,918
29-

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL ￿ATEmENTs (CONTINUED)
FOR THE YE4R ENDED 31 AUGUST2024
19 Loans and overdrafts
2024
2023
Bank loans
384,274
391,953
Payable within one year
Payable after one year
8,833
375,441
7,710
384.243
The bank loan is secured by fixed charges over the freehold property known as Northease Manor Schojl
together with funds held in the Debt Service Reserve Account.
The loan is repayable over a period of 25 years at an interest rate of 3.25DA above the Bank of England base
rate, with a break option after five years in November 2023. No capital repayments are due on the arount
of the loan drawn down for 36 months following the initial draw down date.
20 Creditors: amounts falling due within one year
2024
2023
Notes
Bank loans
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
19
8,833
34,642
1,027,424
69,065
30,349
12,540
7.710
29,883
914,533
23,066
24,819
8,505
22
1,182,853
1,008,516
21 Credltors: amounts falling due after more than one year
2024
2023
Notes
Bank loans
19
375,441
384,243
-30-

NORTHEASE MANOR SCHOOL LIMITED
NOTESTO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
22 Deferred income
2024
2023
Arising from Fees in advance
1,027,424
914,533
Deferred incDme is included in the financial statoments as follows..
2024
2023
Deferred income is included within..
Current liabilitres
1,027,424
914,533
Movements in the year:
Deferred income at I September 2023
Released from previous periods
Resources deferred in the year
914,533
1,015,797
1914,5331 11,015,797)
1,027,424
914,533
Deferred income at 31 August 2024
1,027,424
914,533
Deferred income represents winter term fees for the coming school year which are billed in advance.
23 Retirement benefit schemes
Defined contribution schemes
The school operates two ponsion schemes for the benefit of emplDyeos. The Teacher5, Pension Scheme
ITPSI, a defined benefit scheme, is available to all teachers. All other staff can enter a defi.ned contributions
scheme.
Defined contribution
The assots Df the scheme are held separately from those of the School in an independently administered
fund. Contributions to the scheme aro charges to the Statement of Financial Activities as they fall due.
Contributions payable by the charitablp rompany in the year amounted to £13,97112023 - £12,691).
The company also operates a defi.ned contribution pension schomo. The assets of the 5chemo are held
Separately from those of the company in an independently administered fund. The pension cost charge
represent5 contributr'on5 payable by the company to the fund. Contributions totalling £2,97412023 £2,516)
were payable to the fund at the year end and are included in creditors.
31

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS ICQNTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
23 Retirement benefit schemes
(Continued)
Teachers, Pension Scheme
Teachers, Pension Scheme The Teachers, Pension Scheme ITPSI is a statutory, contributory, defined benefit
scheme, governed by the Teachers, Pension Scheme Regulations 2014. Membership is automatr'c for
teachers in schools. All teacher5 have the Option to opt-out of the TPS followinE enrolment.
The TPS is an unfunded scheme to which both the member and employer makes contribution5, a5
percentage of salary - these contributions are credited to the Exchequer. Retirement and other pensDn
benefits are paid by public funds provided by Parliament.
Valuation of the Teachers, Pension Scheme
The Government Actuary, using normal actuarial principles, conducts a formal attuarial review of the TPS in
accordance with the Public Service Pensions (Valuations and Employer Cost Capl Directions 2014 publEhed
by HM Treasury every 4 years. The aim of the review is to ensure scheme costs are recognised and maroged
appropriately and the review specifies the level of future contributions.
Actuarial scheme valuations are dependent on a55umptions about the value of future costs, design
benefits and many other factors. The latest actuarial valuation of the TPS was carried out as at 31 March
2020. The valuation report was published by the Department for Education on 27 Ottober 2023, with the
SCAPE rate, set by HMT, applying a notional investment return based on 1.7QA above the rate of CPI. The key
element5 of the valuation outcome are..
Employer contribution rates Set at 28.68% of pensionable pay (including a 0.08°A administration levyl. This
15 an increase of 50A in employer contributions and the cost control result 15 such that no change in mernber
benefit5 15 needed.
Total scheme liabilitie5 (pensions currently in payment and the estimated cost of future benefits) for
Service to the effective date of £262,000 million and notional assets le5timated future contributions
together with the notional investments held at the valuation datel of £222,200 million, giving a notional past
service deficit of £39,800 million
The result of this valuation will be implemented from l April 2024. The next valuation result is due to be
implemented from l April 2028.
The employer's pension costs paid to TPS in the period amounted to £212,78312023- £184,787).
A copy of the valuation report and supporting documentation 15 on the Teachers, Pensions website. Under
the definitions set out in FRS 102, the TPS is an unfunded multi-employer pension scheme. The school is
unable to identify its share of the underlying assets and liabilities of the plan.
Accordingly, the school has taken advantage of the exemption in FRS 102 and has accounted for its
contributions to the scheme as if it were a defined contribution scheme. The school has set out above. the
information available on the scheme.
-32-

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGusf2024
24 Unrestricted funds - designated
These are unrestricted funds which are material to the charitable company's activitie5.
Atl
September
2023
Resources
expended
Transfers At 31 August
2024
Fixed asset fund
1,505,979
153,8971
261,542
1,713,624
Previous year:
Atl
September
2022
Resources
expended
Transfers At 31 August
2023
Fixed asset fund
1,516,416
152,5241
42,087
1,505,979
The Fixed Asset Fund has been established to reflect the charitable company's investment in its freehold
property assets. A transfor is made oach year from the genoral fund to refloct any addikn'ons paid by general
funds and also disposals made in the year. The transfer from the general fund during 2024 totalled £261,543
12023 - £42,D871.
25 Restricted funds
The income funds of the charitable company include restricted funds comprising the following unexpended
balances of donatr'ons and grants held on trust for specifi.c purposes:
Atl
September
2023
Incoming
resources
Resources
expended
Transfers At 31 August
2024
Brighton Half Marathon
London to Brighton Walk
Horticultural Area
Swimming Pool
Duke of Edinburgh
Library
165
12491
84
12,5661
591
2,566
2,650
13,2411
11441
14901
1361
123
21
500
io
32
155
5,881
14.1601
11,8661
io
33-

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
25 Restricted funds
(Continued)
Previous year:
Atl
September
2022
Incoming
resources
Resource5
expended
Transfers At 31 August
2023
Swimming Pool
Duke of Edinburgh
Library
Tennis coaching
Budding Foundation
251
11281
15001
123
500
32
32
250
12501
1751
75
783
325
19531
155
The Brighton Half Marathon was completed by Nick Kennedy to raise funds for the purchase dyslexia reading
pens.
The London to Brighton walk wa5 completed by Kaye, Millie and Daisy to raise funds for phase one of the
trim trail.
The Horticultural Area fund has been Set up to provide resources to help develop the horticultural area.
The Swimming Pool fund has been set up to provide equipment for the swimming pool.
The Duke of Edinburgh fund has been set up to help support the school in its purchase of resources.
The Library fund has been Set up to support the purchase of books for the library.
The Tennis Coaching fund has been set up to provide tenni5 le550ns for the students.
The Budding Foundation fund ha5 been Set up to purchase horticultural equipment.
34-

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR fHE YEAR ENDED 31 AUGUST2024
26 Analysis of net assets between funds
Unrestricted Unrestricted
funds
funds
general
designated
2024
2024
Restritted
funds
Total
2024
2024
Fund balances at 31 August 2024 are represented by:
Tangible assets
Current assets1lliabilitiesl
Long term liabilities
42,784
694,671
1375,4411
1,713,624
1,756,408
694,681
1375,4411
io
362,014
1,713,624
io
2,075.648
Unrestricted Unrestricted
funds
funds
general
designated
2023
2023
Restricted
funds
Total
2023
2023
Fund balances at 31 August 2023 are represented bv:
Tangible assets
Current assets/lliabilitiesl
Long term liabilities
51,964
603,966
1384,2431
1,505,979
1,557,943
604,121
1384,2431
155
271,687
1.505,979
155
1,777,821
27 Operating lease commitments
Lessee
At the reporting end date the charitable company had outstanding commitments for future minimum lease
payments under non-cance113blo operating leases, which fall dtje as follows:
2024
2023
Within one year
Between two and live years
3,076
4,102
3,076
3.076
7,178
35-

NORTHEASE MANOR SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
28 Capital commitments
2024
2023
Amounts contracted for but not provided in the financial statements..
Acquisition of property, plant and equipment
42,934
29 Cash generated from operations
2024
2023
Surplus for the year
297,827
220,849
Adjustment5 for..
Investment income recognised in statement of financial activities
Loss on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
15,8091
5,381
71,788
11,4511
68,286
Movements in working capital..
Decreasellincreasel in debtors
Increase/ldecreasel in creditors
Increase/ldecreasel in deferred income
51,186
60.323
112.891
1199,2121
111,6521
1101,2641
Cash generated from/{absorbed by) operations
593,587
124,4441
30 Analysis of changes in net funds
Atl
September
2023
Cash flows At 31 August
2024
Cash at bank and in hand
663.719
316,083
979,802
Loans falling due within one year
Loans falling due after more than one year
17,7101
1384,2431
11,1231
8,802
18,8331
1375,4411
271,766
323,762
595,528
-36-