CHIUSTIANFAMIL YSCHOOLS LJMITED (LIMITED B Y GUAIUNTEE) UNAUDITED FINANCIAL srA TEMEAriy FOR THE YEAR ENDED 31 AUGUST2024 COMPANY NUMBER 2200050 CHARITY NUMBER 327687
Clirislian Famil Scliools Limited Limiled b Guarantee Financial statements For the ear ended31 Au ust 2024 Contents Report of the governors Ind¢p¢ndent examiner's report Statement of financial aGtivitiBs Statement of fJnan¢ial position Notes to the fllwicial statements 10-14
orlo the Goveriiors to th.e Member& o Clirislian Famil Schools Limiled Limlled b Guftrantee For the ellr ended 31 Au ust 2024 The governors, who trustees for the purposes of charity law, and directors for the purposes of company law, present their report, together with the fJThancial statements and independent examiner's report for the year ended 31 August 2024. Objects and activities Objects The object of the charity is the provision of a school or schools staffed with committed Cllristians using a distinctively biblical approach to knowledge and learning. Parents are expected to be COTnmitted to active participation in the education of their children both at hoTyJe and at sch(Kil. The aim beiDg to provide each child with biblical understanding which will equip that child for practical living in this world and to encourage the child's awareness of spiritual and eternal realities. Activities during the year The charity continues to meet its maln objective by operating Bethany School which provides a Christian education for children aged 4 to 16. In setting our objectives and planning our activities for the year the Governors have given caTeful consideration to the Charity Commission's general guidance on public benefit. Bethany School has an open admissions policy and depends entirely on voluntary contributions. making it available to those of all faiths and none. The main public beneflt is the provision of child education irrespective of the family's fmanoial circumstances. The School continues to provide quality education for all our pupils which helps to equip them to play their role in the fvtyre of our nation and our world. The purpose of Bethany School is to provide a rich, exciting and God centred education for all our pupils equipping them for life in modem Britain and the wider world. The education is not confmed to the classri)om but seeks to take the children's learning beyond the school gates at every opportrjnity, As well as being a¢ad¢mic the education provided by Bethany School also includes developing every &8pect of our children's physical. mental. social and emotional wellbeing. The pupils are also encouraged to make a positive contribution in the world that they live. The Governors continue to ensure quality education provision through regular review and updating of School Improvement Plan (SIP). The Governors continually push for quality education to ensure that every child at Bethany School achieves their full potential. At Bethany School we believe that stable family life makes for a strong and a united nation and society and provides a nurturing environment for our children to thrtve. We therefore encourage and provide opportunities for parents and carers of our pupils to be involved in all aspects of our pupils. educational life. We also encourage a strong sense of caring for and serving our community by providing opporttmities for our families and pupils to work together to fonn a strong unsted school where everyone has a part to play. This instils in our school unity in diversity, modelling in microcosm our larger so¢i¢ty of which our school community is a part. The School encourages this infortnaljy but more fonnally through our weekly Wednesday Family Aft¢rnoons. At Bethany School we continue to instil in our pupils the understanding that there is richness in diversity and that our ditTer¢nces both enrich and add vitality to all our lives. The diverse nature of QUT School reinforces this message. Bethany is a Christian School, so we seek to embed the Brltish Values in our pupils through the teaching of the Bible. We also continue to embed the Christian teaching of loving our neighbours by seeking to support those in need.
orlo the Governors to the Members o Chrislian Famil Scliools Limited Limiled b Guarantee For tlie ear ended 31 Au ust 2024 Activities during the year (continued) A number of conununity service activities look place for the whole school, including Harvest and Easter collections for Baby Basics and the S6 Foodbank, and donating to the Sheffield Children's Hospital charity for our Pyjama Day. We have also worked on strengthening relationships within the area by visiting the local nursing home and Tesco store for Carol singing at Christma4 and litter picking in the surrounding streets and park. We also continue, as a school community to support TASTE, a UK registered charity that works in Nigeria to provide clean drinking water to poor communities across Nigeria. Achievements and performance In th¢ school year 2023124 there were 92 pupils on the school roll (94 tn 2022123). Our eight year I I pupils gained 61 GCSE qualifications between them (in 2022123 nine pupils gatned 74 GCSE qualifications). In addition, seven of our year l O pupils took GCSE Art and one completed their GCSE in Design and Tecl]nology and another year 10 pupil took GCSE Music. Of these 70 GCSE qualifications 800/0 were at grade 4 or above and 23 % were at grade 7 or above. 75 /0 of our year I I pupils gained a total of five or more GCSE passes (grade 4 or above) including Mathematics and English. All pupils gained a place in post 16 education either at Sixth Forni or the Sheffield College. Our attendance figures for the year were a fraction under 95 /0, which compares with1&8t year's attendance figure Enrichment activities As a school we continuedto offer a 11 programme ofactivities taking place in school and extracurricular activities out of school. The school runs a number of lunchtime clubs including achristian Union, games club, crosswcounty and story time. In addition a number of pupils competed successfijlly in both the Junior and Intermediate Maths Challenge competitions. In March we SSpended curriculum for the day to run a cross curricula World Book day for all pupils in years reception to nine, The theme was 'The Lion the Witch and the Wardrobe, and pupils took part in related activities during the day fmishing all together for an epilogue on 'the best book of all, _ The Bible. The senior class (years 7-9) put on a production of Cinderella in the summer tern]. All pupils took part in the production that cuhninated in two very succes8fv1 evening perforniances. Sports Although Bethany is a small school with typically year groups of eight children we endeavour to provide pupils with a good range of sporting opportunities. W¢ make good use of local facilities in the area including the local leisure c¢ntres, university courts, running track and swimming pool. The school entered both Primary and Secondary teams in a number of sporting competitions including the Sheffield schools Bouldering Competition (where the seniors fll]ished third), The Sheffield Schools cross county competition and the Christian Schools Trust sports day in Oxford. School Improvements We were successful in achieving OUT proposed improvements to the security of the school premises. In October we had installed an autornatically locking school gate with an intercom to the office and keypad for access to the school premise5. Secondly, we installed an internal communication system with walki¢ talkies in all rooms in order to be able to alert staff to potential danger et¢. We improved the access to computers across the school by purchasing a set of windows I I laptops wbich are available to use by all year groups in their own classrooms. In addition, we replaced six classroom pc compulers with new windows I I computers, in line with our programme to replace all our old computers by the October 2025 deadline when support for windows 10 will end.
Re orto Ilie Governors lo Ihe Members o Cliristia.n Famil Schools Limited Limited b Guorunlee For Ilie ear ended 31 Au iisl 2024 School Improvements (continued) We were able to upgrade the existing computer room to a multi use classroom by purchasing new Classroom fumityre. Other small impTovements were made around the school by the purchase of new hall and classroom chairs. In curriculum we continued to develop curriculum cohesion throughout school. with the rSt two years of curriculum grids for the 3 year topic cycle being completed including clear objectives. Work has been done on a whole school long temi plan for maths, and fi]rther improvements have been made to the Systematic Synthetic Phonics scheme. With regard to staffing. improvements have been rnade to our appraisal system, with staff now having the opportunlty to conduct their own learning wallc &8 part of their appraisal cycle. Financial review Summary The total unrestricted income for the year was £308,055 (2023 £240,237) pritnarily from parents donations and gifts and grants. Expenditure was £263.182 (2023 £244.708) resulting in a suplus of £44,873 (2023 deficit of £4,471). The average fmancial cost in¢urred by the school to educate a child at the school duTing the academic year to July 2024 amounted to £2.927 {£2,641 in 2022123). The school roll averaged 92 pupils in the academi¢ year to July 2024 (94 in the academic year to July 2023). The school is mostly supported by voluntary gifts, 65 % (2023 750/0) of which is from parents. The school is particularly grateful for the donations and gifts from other supporters (including the "Friends of Bethany") amounting to £67.913 (2023 - £20,395), which provides vital funding. The school is also heavily dependent on parents and volunteers for their donations of time, facilities goods, and fund-raising efforts. The govemors are grate1 for all the support and sacrifices made in serving the school in 2023-2024. But above all the school is again grateful to God for His goodness over the past year. we remain confident in Him for the year to come. Reserves policy The 8overnors have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets {'the free reserves,) held by the charity should be three months of the resources expended. which equates to £65,000 in general funds. This would enable the sohool to continue operating at the same level of activities in the event of a significant drop in fill)ding or major building repairs becoming imperative, allowing time for alternative funding to be secured. Cutrently the free reserves are £107,349 and the governors aim to maintain this level by: Continuing their ongoing WO in seeking to have every available space filled in every class, through increased publicity drive through maintaining the already established open evenings for prospective parents. Actively Promoting Bethany School in the churches and other religious groups that our parents attend in order to recruit more families to the School. Increasing the school's fundraising efforts through the well-established and successful summer and Christmas faiTS Recruiting rnore Friends of Bethany School (FOBS) especially from an)ongst past pupil past families id rAIBiiLIBd fluiiilir5 fiAriiJs ufy41SL fdiiiilics urDrllilY 3Lliuul. Applyin& as a registered charity, for fvnding from grant making tSts, foundations and Companies.
orto the Governors lo the Members o Chrisliun Famil Sehools Limited Limiled b Guarantee For the ear ended 31 Au yt 2024 Reserves policy (continued) As a school of distinct religious chaTacter. the governors believe in the power of prayer, shown by answers to prayers over the last 37 years of th¢ school's existence. We will also pray and encourage our families and friends who believe in prayer to pray with and for us that the Lord will continue to meet our needs as he has done over the last 37 years. The charity is heavily dependent upon the donations of the parents to meetthe ongoing expenditure. The governors are of the view that the parents will continue to 5UPPOrt the school for the foreseeable future and therefore that the charity is a going concern Plans for future periods Continue with our rolling programme of computer replacement so all windows l O machines are replaced by October 2025 We are working on improving our transition arrangements, particularly with regard to SEND ¢hildren. and will roll this out in the summer terni. We will continue to work on the whole school long terni plan for maths, with a]1 areas of the cu)Ticulum being mapped to year groups in a way that meets the needs of our pupils as a through school. Structure, Governance and MAnagement Governing document The organisation is a charitable company limited by guarantee, inwrporafrd on 30 November 1987 and registered as a charity on 28 January 1988. The company was established under a Memorandum of Association which established the objects and powers of the charltable company and is 8ovem¢d under its Articles of Association. Jn the event of the comparLy being wound up members are required ¢0 contribute an amount not exceeding £1. The total number of such guarantees at 31 August 2024 was 102 (2023 - 105). Recruitment and appointment of board of governors The directors of the company are also charity trnstees for the purwjses of charity law and under the company's Articl¢s are known a5 n]embers of the board of governors. Under the requirements of the Memordndum and Articles of Association one fifth (or the number nearest to one fifth) of the governors together with one third (or the numbernearest to one third) of the parenl governors must retire at each AnnuaI General Meeting, those longest in office retiring first and the choice between any of equal service being made by drawing lots. New members of the board of governors are reClted by circulating vacancies to parents of the children attending the s¢hool and the school continues to attract appropriately skilled and experienced people. Currently, it has on its Board the Chief Executive of a UK registered international NGO. a church minister, company director, a teacher, and a retired head teacher. All the Governors are British Citizens with various ethnic backgrounds. The gender balance is cuentlY 2 females and 5 rnales. Trustee induction and training It is our policy to appoint trnstees (also knoiwn as school governors) from the ranks of parents of children who have been at Bethany School at least a year. As a result. they will already be familiar with various documents relating to the history and aims of Christian Family Sch<M)Is Limite¢ together with a number of policy documents covering the day-to-day running of Bethany School. They will have attended the half-ternily parents meetings, at which the business and f]nances of the school are discussed. They are also often involved practically on a day-t day b&sis. Additionally, new governors have a meeting with the Clerk to the Governors, in which the rolelresponsibilitylobligations of govemors is discussed, together with an overview of the fmancial management of the school. We a]so perfonn Disclosure and Barring Service checks on all governors.
orto the Governors to Ilie Members o Christian Famil Schools Limited Limiled b Guarantee For the ear ended 31 Au Iisl 2024 Organisational structure The school has a board of governors of up to 8 members who meet monthly during the academic yeaT, and are responsible for the strategic direction and policy of the charity. At present the board ha5 6 out of 7 members all of whom are, or have been, parents and grandparents of children attending the school. Mr D Charle& head teacher, assisted by Mrs E Ireland as deputy head teacher, runs the School on a day to day basis, and takes responsibility for staff. Reference and administrative details Chlty Name Christian Family Schools Limited Operating Name Bethany School Charity Number (England and Wales) 327687 Company Number 220(K)50 School Address Finlay StreeL Sheifield S3 7PS Registered OffLce Finlay Street, ShelTield S3 7PS Website Address www.bethanys¢hoolsheffield.org Reference and administrative details (continued) CUent Governors (Trustees) Chair Mr B C Udejiofo Treasurer Mr D G Montague Others Mr R J Magowan Mr A J Robinson Mr P G Jackson Mrs N H Will(inson Mrs S P Clark (appointed 22 April 2024) Secretary Mrs C F Jackson Headteacher Mr D Charles Independent Examiner C W S De Silva FCCA, 474 Redmires Road, Sheffield S10 4LG Bankers CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ Responsibility of the board of governors Company law requires the governors to prepare financial statements for each ftnancial year, which give a true and fair view of the state of the affair5 of the charitable company as at the balance sheet date and of its incomin8 resources and application of resources, including income and expenditure, for the fmancial year. In preparing those fmancial stotements, the governors should follow best prnctice and.. Select suitable accounting policies and then apply them consistently, Make judgements and estimates that are reasonabl¢ and prndent, and Prepare the fmancial statements on the going ¢oncern basis unless it is tnappropriate to assume that the company will continue on thai basis.
orto Ihe Governors to the Menibers 0 Chrislian Famil Schools Limited Limited b Guarantee For tlie ear ended 31 Au usl 2024 Responsibility of the board of governors (continued) The governors are responsible for Maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the fman¢ial statements Comply with the Cornpanies Act 2006. The governors are also responsible for safeguarding the assets of the ¢harilable company and hence for taking re&sonable steps for the prevention and detection of fraud and other I¢SUIaritI¢S. In accordance with charity law, as the trustees, we certify tbat: So far as we are aware, there is no relevant accowiting infomiation of which the independent examiner is unaware. and As the trustees we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant a¢¢ounting inforniation and to estsblish that the charity's independent examiner is aware of tllat infonnation. Approval This report has been prepared in accordance with the provislons in the Companies Act 2006 relating to small companies. Approved by the board of governors on 23 May 2025 and signed on its behalf by: dejiofo Trnstee
Inde gndenl Examiner's Re orl lu Ili.e Members o Chrisliaii Faniil Schools Limited Limited b Guftranlee For Ihe gar ended31 Ali st 2024 I report on the unaudited fmancial statements for the year ended 31 August 2024 set out on pages 8 to 14. Respective responsibilities of the board of governors and the independent examiner As described on page 5 tbe company's governors are responsible for the preparation of the report of the governors and the financial statements in accordance with United Kingdom law and a¢counting standards, and they consider that an audit is not required for this year under section 144(2) of the Charities Act 201 l and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: Examine the accounts under section 145 of the 2011 Act. To follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 201 l Act. and To state whether particular matters have come to my attention. Basis of independent examiner's report My examination wL8 carried out in accordance with the G¢n¢ral Directions given by the Charity Commission. An examination includes a review of the accounting r¢cords kept by the charity and a comparison of the fmancial statements presented with those records. It also includes consideration of any unusual items OT disclosures in the accounts, and seeking explanations from you as governors concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'tnJe and fair view, and the report is limited to those rnatters Set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention: l) which gives me reasonable cause to believe that in any material respect the requirements.. To keep accounting records in accordance with section 386 of the Cornpallies Act 2006. and To prepare accounts which ac¢oTd with the ac¢ounting records, comply with the accounting requirements of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Pra¢ti¢e: Accounting and ReportiT]g by Charities have not been met. or 2) to which, in rny opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. vaFCCA 47 edmires Road Sheffield S104LG 23 May 2025
Cliriglian Famil Schools Limited imited b Guarantee SÉaÉement o FinancialAclivities includin Income and Ex enditure Account For tlie ear ended 31 Au Us12024 Note Unrestricted Restricted Funds Funds Total 2024 Total 2023 Income from: Donatlons: Parents donations and gifts Other donations and gifts Gift aid clain Chatitable activities: Free early learning fimding Other trading activities - Lfimd raising Investments - bank interest 197,358 67,913 19,889 i 0,000 207,358 67,913 19,889 182,622 20,395 11,825 10.087 9,895 2.913 10,087 9,895 2,913 18,357 8,671 867 Total income 308,055 10,000 318,055 242,737 Expenditure on charitable activities: Staff costs Subscriptions licences and exam fees Bought in lessons Books and materials Staff training Building and other maintenance Council tax Wafrr Charges Light and heat Insurance Lease rentals Payroll services Pension administration Photocopying, poslage and stationery Computer expenses Telephone Depreciation Camp expense5 Sundry Bank charges 204,475 8,317 2,538 6,841 3,092 4.316 2,350 2,231 5.439 5,857 563 1,568 531 2,047 1,806 204,475 8,317 2.538 6,841 3.092 4,316 2.350 2,231 5,439 5,857 563 1,568 531 2.047 1.806 484 10,868 39 5,772 136 189,808 8,466 1,382 5,772 945 4,102 2,266 2,191 5,184 5,488 563 1,266 507 2,366 2,185 251 7,851 2,838 4,696 155 4,780 39 5,772 136 6,088 Total expenditure 263,182 6,088 269,270 248,282 Net income (expenditure) Transfers between funds 44,873 3,912 48,785 (5,545) Net movement in funds 44,873 3,912 48,785 (5,545) Re¢oneiliation of funds Total ftmds brought forward 155,994 25,034 181,028 186,573 Total fund Carried forivard 200067 28,946 229,813 181,028 The above statement include5 all gains and losses recognised during the year. All income and expendittye derives from continuing activities. Compardtive figures for the previous year by fund type ar¢ shown in Note l O. The notes on pages 10 to 14 forn] part of these fanCIal statements.
Clirislian Faniil SchooLF Limited Liniiled b Guarffntee Slatemen_t ofFinancial Position Asat31Au U512024 Note Unrestricted Restricted Funds Funds Total 2024 Total 2023 Fixed assets Tangible assets 93,518 92S8 102,776 101,433 Current assets Debtors Cash at bank and in hand 13.512 100.744 13,512 120,432 12,898 77,302 19,688 114.256 19.688 133,944 90,200 Creditors: _ amounts falling due Ivithin one year 6.907 6,907 10,605 Net current assets 107J49 19,688 127,037 79,595 Net assets 200067 28,946 229,8J3 18J,028 Funds Unrestricfrd Restricted 200,867 200,867 28,946 155,994 25,034 28,946 Total funds 200,867 28,946 229,813 181,028 The financial statements have been prepared iT] accordance with the provisions applicable to cornpanies subject to the small cotDpanie5' regime. For the year ended 31 August 2024 the company was entitled to exemption from PAudit under section 477 of the Companies Act 2006 relating to small companies and the members have not required the company lo obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The fmancial statements were approved by the board on 23 May 2025 and signed on its behalf. C Udejiofo Mr D G Montague Trustee Chair The notes on pages 10 to 14 fonn part of these fmancial statements.
Chrisliapi Famil Scliools Limited Lifftiled b Guurantee Notes arto Ilie Financial Slalements For the year ended 31 Au2USt 2024 l Accountingpolicies Basts ofprepar[On The financial statements have been prepared on a going concern basis, under the historical cost convention, and in accordance with the Accounting and Reporting by Charities: Statement of Recommended Praciice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS102) (effeclive l JaDuary 2015), with FRS102 and with the requirements of the Companies Act 2006 and the Charities Act 2011. Fund accounling Unrestricted funds are available for use at the discrelion of the trustees in furtherance of the general objectives of the charity. DesÈgnated funds are unrestricted funds earn]arked by the management cotnrnittee for particular purpose5. Restricted fijnds are subjected to restrictions on their expenditu itnpos¢d by the donor or through the temis of an appeal. Incoming rafources All income is included in the statement of fmancial activities when the charity is entitled to the in¢ome' receipt is probable. and the amount can be quantified with reasonable accuracy. The following spe¢ifi¢ policies are applied to particular categories of income: Voluntary income is received by way of grants, donations and gifts and is included in full in the Staternent of Financial Activities when receivable. Grants. where entitlelnent is not Conditional on the delivery of a specific perforniance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Gift Aid is recognised in the same accounting period as the donation to which it relates. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts. Investment income is included when receivable. Incoming resources from grants, where related to perforniance and specific deliverables, are accounted for as the charity earns the Tight to consideration by its perforniance. Resources wended Expenditure is recognTrsed on an ac¢n]als basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Charitable expenditure comprises those costs inCUJTed by the ¢hariry in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the cost of any legal advice to trustees on govemance or constitutional matters. There were no governance costs expended during the year. Firedassets The cost of tangible fixed assets is their purchase cost, together with any incidental expenses of acqui51tion. Items of equipment are capitalised where the purchase price exceeds £500. Depreciation is Provided on all tangible fixed assets, at rates calculated to write off the cost or valualion of each a5seL over its expected useful life. the annual rates are as follows: Fr¢ehold and leasehold buildings 2 /0 of cost Furnitur¢ and fixtur¢s 25 /%) of rost Plant and equipment 250/0 of cost io
Chrisliall Famil Schuuls Linii(ed Limiled b Guarantee Notes arto Ihe Financial Slalements For the ear ended 31 Au xyt 2024 l Accountingpolicies (conlinued) Leaslng commi"Imenls Rentsls paid under operating leases are Charged to the income and expenditure accounr as the rentals accrue. Cash Cash comprises bank deposits repayable on demand. Creditors Creditors are recogmised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. CTeditoTs are nomlally recognised at their settlement amount, usually the invoice amount. Ac¢rued charges are normally valued at their settlement amount. Penslons The Charity makcs defmed contributions of 50/0 of employees, gross pay into a pension scheme under auto enrolm¢nL Costs are charged against income on the basis of contributions payable to the scheme in respect of the fllwicial year. Grants receivable Included in income from charstsble activities is one government grant. An amount of £1 0,087 (2023 £18.357) was received from the local authority in respect of Free Early Learning fvnding. The services related to this grant has been provided during the year. Transactions with trustees and relatedparlies No tnjstees received any remuneration, benefits or expenses during the year or in the previous year. The ¢harity received donations from the tru5tee5 of £13,260 (2023 £15,710). 4 Slaff costs ond numbers Staff costs were &s follows., 2024 2023 Salaries Employer's National Tnsurance Employer's pension contributions 191,617 3,817 9,041 179,481 3,240 7,087 204,475 189,808 The charity operates a defmed contribution pension scheme. The assets of the scheme are held separately from those of th¢ charity in independently administered funds. The employer's pension costs represent contributions payable by the charity to the fund5. No employee received ernoluments of more than £60,000 in the current or preceding accounting period. The average weekly number of employees of the charity during the year was as follows.. 2024 2023 Teaching and administration 18 17
Chri5lian Famil Schools Limiled Limited b Guarantee Notes arlo Ihe Financial Slalements For Ihe ear ended 31 Au usl 2024 Taration The charitable company is exempt from corporation tax on its income and gains related to its charitable activities. TangiblefL¥ed (Lssets Freehold & leasehold propety Plant & Furniture Equipment & fjxtures Total Cost At I September 2023 Athjitions Dtsposals 152,979 108,382 10,413 18,212 1,798 279,573 12,211 At 31 August 2024 152,979 118,795 20,010 291,784 D¢pre¢iation At I September 2023 Charge for the year Disposals 63,051 3,047 96,877 7,372 18,212 449 178,140 10,868 At 31 August 2024 66.098 104,249 18,661 189,008 Net Book Value At 31 August 2024 86,881 14,546 1,349 102.776 At I September 2023 89,928 11,505 101.433 Included in the net book value of plant and equipment is £9,258 relat¢d to restricted funds (2023 £5,346). 7 Debtors 2024 2023 Other debtors Prepayments 11,732 1,780 11,825 1,073 13,512 12,898 12
Christian Fanul Schools Limited Limiled b Guaranlee Notes orÉo tlie Financial Slalements For Ihe ear elided 31 Au U5t 2024 Ch at bank and in hand 2024 2023 CAF Bank PayPal 120,422 io 77,229 73 120,432 77,302 Included in the CAF Bank is £19,688 relating to restricted fimds (2023 £19,688). 9 Credilors.. apnountsfalling dug within oneyear 2024 2023 PAYE and NI contributions Other creditors and accruals 6,907 10,605 6,907 10,605 10 Coryarative income and &rpendilure byfund type Unrestricted Funds 2024 2023 Restricted Funds 2024 2023 Income from: Donations Charitable activities Other trading income Investments 285,160 10,087 9,895 2,913 212,342 18,357 8,671 867 10.000 2,500 308,055 240,237 10.000 2,500 Expenditure on: Charitable activities 263,182 244,708 6,088 3,574 Net income (expenditure) Transfers between funds 44,873 (4.471) 3912 (1,074) Net movement in funds 44,873 (4,471) 3912 (1,074) Reconeiliation of funds Total fLmiL8 brought fonvard 155,994 160,465 25,034 26,108 Total fund carried fonvard 200867 155,994 28,946 25,034 13
Christian Famil Schools Limiled Limited b Guarantee Notes arlo tlie Financial Slatemgnts For the ear ended 31 Au ust 2024 11 Movement infunds At I Sept 2023 Movement in resources In¢oming Outgoing Transfer At 31 Aug 2024 Restricted funds: Judith Baxter legacy fvnd Building nd Playground marking fimd DT equipment fund Computer fund 3.318 19.366 1.063 1.287 (2,561) 757 19,366 532 806 7,485 (531) (481) (2,515) 10,000 25.034 10,000 (6,088) 28,946 Unrestricted fimds: General 155.994 308.055 (263,182) 200.867 Total Funds 181,028 318.055 (269.270) 229.813 The pun)ose of the Judith Baxter legacy fund is to provide fi]nds towards a lasting memorial at the school in Judith's name. the balance of the legacy fund will be used to build on the work started by Judith at th¢ school. The purpos¢ of th¢ Building fund is to refurbish and modernise the school prernises. The purpose of th¢ plaYOllnd marking fimd is to provide additional playground facilities. The purpose of the DT equipment fid is to provide additional ¢quipment for the Design and Technology Department. The purpose of the computer fimd is to provide computer and tech facilities. 12 O¢herfinancial commitments At 31 August 2024 the charitable company had minimum total commitments, under non-cancellable operating leases, over the remaining life of the le&s¢ of £443 (2023 - £1,006). 14