REGISTERED COMPANY NUMBER: 01298683 (England and Wales)
REGISTERED CHARITY NUMBER: 506907
Re
ort of the Trustees and
Audited Financial Statements for the Year Ended 31 Auoust 2024
for
CTansle
School Limited
A Com an Limited b Guardntee
Johnstone Howell & Co
Siatutory Auditors
104 Whitby Road
Ellesmere Port
Cheshire
CH65 OAB

Cran51 School Limited
Contents of the Financial Statements
for the Year Ended 31 Auoust 2024
Page
Report of the Tn￿eS
Report of the Independent Auditors
8 to 10
Statement of Financial Activities
Statement of Financial Position
12
Statement of Cash Flows
13
Notes to the Statement of Cash Flows
14
Notes to the Financial Statements
15 to 25
Detailed Statement of Financial Activities
26 to 27

Crdnsle
School Limited
ort of the Trustees
for the Year Ended 31 August 2024
The trustees who are also directors of the charity for the pury)oses of the Companies Act 2006. present their report with
the financial statements of the charity for the year ended 31 Au(ffust 2024. The trustees have adopted the provisions of
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities Preparing their
accounts in accordance with the Financial Reportino Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
OBJECTIVES AND ACTIVITIES
Mission and aims
Our mission is to operate as an independent day school for boys and girls up to the atse of 16. As such, the School
fLmctions across two departments - Junior (Reception - Year 6) and Senior (Year 7 - 11}. Throuohout departments, the
School aims to achieve high Standards whilst valuing the qualities of each individual pupil. In particular, the School
provides a Tounded and balanced education within a disciplined framewoTk. a high level of personal tuition delivered
through small class Sizes and a sUPPOrtive pastordl care team.
The School's main aims are for students to nurture relaiionship4 seek excellence and venture beyond what they believe
they are capable of. Student5 taught to succeed academically, and also to be resilienL to be reflective and to be
resourcefi]l. IndivÉdual excellence is nurtured in academics, sport, music and the arts. This 15 achieved through small
class sizes, excellent relationships with families and through the care of exceptional, expeTienced PTactitioneTS, With a
p￿sE0Th for their subject and the wellbeing of each and every pupil. Our GCSE results and KS2 Tesults are amongst ihe
very best of maintained and independent settjngs. In additton. the School's main t()cus is to achieve value-added ft)r each
pupil and the School has continued to maintain an excellent value-added for the current year. OUT pupils are gentle,
warni-hearted and modest and these qualities are not compromised. We have a positive, studious, caring and ambitious
environment where well behaved, positive, considerdte and courteous children can flourish.
Signiflcant activities
In addition to its routine activities. the School SUPPDrts local initiatives through the efforts of its staff.
The School has strono workintr relationships with local maintained primary schools. The School's minibus fleet is often
used to provide transportation for these children to local venues and events. In addition, local prirnary school children
are invited into the School for curriculum days to allow these children to experience various secondary school style
subject Cl￿SeS and workshops. The Junior School hosts a number of EYFS Bright Beginnings, Stay and Play Sessions
and Forest School Days for local pre-school children to attend and experience primary school life.
The School has supported the local community by allowing third paty ￿0upS to make use of the School's facilities for
music or sporting activities. A third paty organisation approached the School to establish a holiday club for primary
school children on the premises. The club was initiated during the summer and has continued durino subsequent school
holiday periods.
The School continued to allow outside third party organisalions to bomw from its fleet of mini buses throughout the
year.
The School selected Alder Hey Children's Charity, to raise fjjnds towards throughout the academic year. Various fvnd
raising activities were arranged and a total of £5,388 was subsequently donated to this charity. In addition, the School
supported the following separate ￿nd-raISing appeals; Save The Children, The Royal British Legion and the Christmas
Shoebox Appeal.
The BuTsary and Hardship fun(Ls are c￿￿eDdY supporting a number of pupils who would not otherwise be able to attend
or continue to attend Cransley.
Volunteers
All members of the governing body and the Cransley Foundation team carry out their services to the School on a
voluntary basis.

CTansle
School Limited
ort of the Trustees
for the Year Ended 31 Au
ust 2024
STRATEGIC REPORT
Achievement and performance
Academic and sporting aehievements
The School continues to provide a high quality education for all of its students. Children benefit academically from
learning at a small inclusive school such as Cransley. Small class sizes in a co-educational. nurtLtring and stimulating
environment provides every opportunity for each child to succeed to their maximum potential. The School's unique
nature as a 'through school, has allowed consideration of the exact intent of the School's curriculum to ensure optimum
impact on all pupils and improve GCSE outcomes. This 'spiral' curriculum has been developed by collaboration between
junior and senior specialists to ensure key skill4 knowledge and theme5 are revisited throughout a Cransley School
pupil's learni￿ journey whilst continuing io recognise the National Curriculum and exam board specifications.
The School was inspected by the Independent Schools Inspectorate in November 2023 under a new framework of
inspection. The results of the inspection were very positive, acknowledging the high quality of educational provision
offered by the School. as well as our reported compliance against the Independent Schools Standards Regulations.
The School's digitsl learning plan, Cransley School Online (CSO), continued successfully throughout the year, providin-
a blended system of learning both through the use of technology and innovative classroom based activities to deliver
lessons. The School's digital learning continues lo be enhanced and all staff and S￿dents from year 4 have an individual
device that is used at school and home on a daily basis. This blended approach allows for better collaboration, break out
groups. presentations, shared research, discovery and peer tnterdction. As well, feedback from staff is detailed,
personalised and focussed on the student's next staoe in learnin& allowing the online system to enhance and support the
excellent practice in the classroom itself. Our aim is to maximise this technology, alono with the use of Artificial
Intelligence, to exemplify blended educational technology in a new and even better way of learnints now and in the
future.
The School once again achieved excellent GCSE results reflectino the hard work and commitment of the students and
staff. Results surpassed national averages across all subjects with 880/0 of students who sat the examinations achieving
GCSE ttrades 9-4 compared to 67.4/0 nationa]ly. Furtherniore, 29.kn of ￿adeS were awarded at level 91817 (21.7%
nationally).
Value added is an important internal measure for the School. This compare5 the scorints from Coonitive Testints carried
out on entry to the school which gives a potential GCSE grade against the actual grade received. The total average va]ue
added across all examinations was almost one grdde higher than the grade Predicted. Students have since successfully
continued on to their preferred Further Educalion or training establishment.
There continues to be a wide rantse of enrichment and extra-curricular activities available for students to take part in.
The School has a very active PerforniinLw Arts Department that operates throughout both Senior and Junior departments.
Productions in both music and drama have been thowcased throuJout the year with a number of senior students taking
part in the ISA National Drama Competition in Warwick. Severdl pupils have achieved, or are workino towards
LAMDA qualifications. Junior school students took part in the Young Voices concert along5id¢ a numb¢r of other
schools from the North West.
The School continues to enjoy a strong record of sporting achievement with many students representing theiT chosen
sports at both regional and national levels. In swimmin& two students qualified for the ISA Nationals Finals as part of
the North team. One student achieved outstanding results, winning both a gold and brot￿ Tnedal while the second
student secured a bronze and placed fourth in two other events. Following these perforniances, one of the students w&
Selected for the prestigTOUS Swirn England Talent Progralnme. In athletic& three pupi15 achieved district-level success
and qualified to compete in the ISA National Athletics Finals with a further eleven students going on to represent Mid
Cheshire in their respective events. The School also saw success in cross country, with two pupils selected to represent
the ISA North team. In team sports, students excelled by winnino
the ISA Under-l l Rounders tournament after
competing against schools from across the North of England. The School's netball programme continues to thrive with
teams entered all fll)ishing within the top four in their respective leagues. Outside of School, one student has achieved
national success in quad-biking, two students represented the North West trampolining squad at the Inter-Recrional
Fina15 and went on to compete at the English Championship Fina15. Individual achievernents include tWQ students
playing cricket at county level and two swimming at a regiona] level.
Page 2

Cransle
School Limited
rt of the Trustees
for the Year Ended 31 Au
ust 2024
Outside of the cla55roorn, a number of students participated and achieved their Bronze Duke of Edinburgh awards
following the completion of required expeditions. charity work and challenges. The School co-ordinates educational
trips, both in the UK and overseas, as well as experiences across all year groups that are carefully planned to
complement classroom leamino as well as end of tern) reward trips to recO￿lse hard work and oood behaviour students
have demonstrated thToughout the year.
One of the main principles within the School's Tnission statement is to nurture relationships. The School provides
excellent pastoral, Spiritual, ethical and mordl understanding for all pupils. Cran51ey is a nurturino school where children
are prepared for success during and after their time at the School. The School has a dedicated space for the pastordl
department to provide support as required for sthdents with special educational needs, experiencing issues OT going
through more difficult times. The School also has trained ELSA staff allowtng us to offer an exceptional level of support
as required to students that may have additional needs.
The School's House and ￿uddY system is driven by the School Preftct body and this has continued to be in place
throU￿oUt the current year and has had a positive impact on bringing together both the Junior and Senior School. It is
also a proven successful method to host several whole school events, .ouest speakers, class and individual assemblies,
perforniance showcases and celebrations and charity events.
Pupil number5
Pupil numbers increased slightly throughout the year with the senior school continuing to have two cohorts in each year
group. lirowth continued in the Junior school with an additional year 6 cohort being accommodated due to increased
demand for places. Subsequent to the year end. the junior school reduced back to one year 6 cohort to allow for the
separation of two classes that had previously been merged together. This has resulted in every year oup being tauJt
separately to allow for continued ￿OWth. The second year 6 cohort will be reviewed again in future years if dernand is
sufficient.
Donations received
The Cransley Foundation continued to fimd raise for the benefit of the development of a first class learnints environment
and associated resources. During the year income totallino £108.905 (2023: £205.271) has been rdised and this income
stream continues to be treated as a restricted fund within the financial results of the school.
Investment powers. policy and performance
With the recent growth in headcoun¢ the terrnly fee cycle 15 beginning to Tesult in excess funds being generated for short
periods of time. These ￿lld5 are ￿]lY invested back into the School's resources and facilities appropriately required.
The Trustees review the levels of these excess fi]nds each terni and, where appropriate, these are invested into short
tern), higher rate deposit accounts until they are needed to satisfy charitable expenditure in order to maximise the level
of incomiTho resources from this source.
Financial review
Principal funding sources
The principal source of income for the School is the temily fees charged for its pupils. This is supported by additional
income for the provision of extra subjects, particularly music, caterino multi-sensory and transport.
Reserves
The Finance Cotnvnittee has examined the ChariW5 requirements for reserYe5 in light of the main risks to the
organisation. The Finance Committee reviews the levels of unrestricted funds that are not committed or invested in
tangible fixed assets to ensure they are adequale to cover one tenns worth of expenditure. Whilst reserves are not
currently at these levels. the reserves are continuints to increase year on year and the Tnjstees are workino to achieve this
level of cover in fijture years.
The Trustees have also been ¢onsidering the responsibilities of the School in providing public benefit through its
activities, and in addition to the School's current activities they are deteTJnined to provide increased access to the
benefits of the School to children in the locality who may be unable to attend the School through financial hardship and
accordlngly a Bursary and Hardship Fund has been established. The Trustees have aspired to allocate a proportion of
any fvture surpluses Cvenerated to this fimd.

Cransle
School Limited
rt of the Trustees
for the Year Ended 31 Au
ust ?024
STRATEGIC REPORT
Financial review
Financial results
Overall, the Charity has made a surplus of £423,143 for the year ended 31 August 2024, compared to a surplus in the
previous year of £558,614. The reduction in SUTplus from prioT year is mainly attributable to the increased salaries for
academic staff in line with salary increase Tecommendations Is announced by the Government. The school also had
si.¢mificant repair and maintenance spend compared to prior year to maintain the listed buildino it operates from.
The School continued to invest in the estate during the academic year. The new modular clas5roorn block was converted
into a new Science and Technolo.ry Centre for the start of the subsequent acadelnic year housing two new modem, fully
equipped laboratories. The redundant laboratories were successfully converted into two new junior school classrooins to
accommodate the increase in student numbers and classes.
Subsequent to the year end, the School invested in an additional modular classroom for the Food and Technology
department that will 51t alongsÉde the Science and Technolo.ry Centre. 11)is was put into full use for the new academic
year beginning September 2024 and was partly funded through donatlOThs frorn the Foundation Fund. Funds will
continue to be raised through the Cransley Foundation Fund which will be utilised against future projects agreed by the
Foundation Fund CoTnmittee and the School.
The School strategy is to continue to invest in the facilities and grow the School whilst maintaining low pupil:teacher
ratios to enable the School to continue to be profitable and sustain it troino forward.
Going concern
A5 noted in the Financial Review, a surplus was generated again in the current year. Dual cohorts are in place for all
year groups within the senior school and a dual cohort in Year 6 has been accommodated this year. Waiting lists are in
place as most classes are now at capacity in the senior school.
The going concern of the School is very much dependent on maintaining pupil numbers and potential wider political and
macro-economic events. The Trustees are confident this headcount can continue to be achieved in future years. In the
event headcount is not maintained in line with expectation, additional revenue stream5 have been identified to Cover any
shortfalls and the Trustees would review costs accordingly.
Future plans
The Food and Technology modular classroom was fijlty operational for the academic year commencing September
2024. The School has an ongoing conunitment to improve all the facilities within the School, though the age of the
building does Present challenoes. A planned prO￿amMe of maintenance has been put in place for the upcomino years.
Following the year-end. the growih in headcount has slowed due to limited availability in specific year groups. However,
the Junior School remains a key area of growth, driven by higher demand for places and the increased classroom space
created by the separation of all year gTOUPS.
The October 2024 budtyet confThed the Governrnenfs intention to chartte VAT on independent school fees. This
change has both financial, operational and administrative implications. The School has undertaken a considerable
amount of work to ensure it remains in a robust financial position and ￿llY able to comply with the new leoislative
requiretnents.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity 15 controlled by its governincv documenL a deed of trust, and constitutes a limikd company, limited by
guarantee, as defined by the Companie5 Act 2006.
The objects of the charity are set out in the Memorandum of Association as the education of girls and boys up to the age
of16.
Reeruitment and appointment of new Truste
The Trustees consider on an ongoing basis the suitability of the composition of the ooverning body for the School and its
Sultability for the rnanagement of the School and its development plans. Under the School's constitution a iotation policy
for election of Governors is required.
Page 4

Crdnsle School Limited
ort of the Trustees
for the Year Ended i l Au
ust 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The TnJ5teeslGovernors detennine the general policy of the Charity. The d&y-to-day management of the School is
delegated to the Headteacher and the Director of Finance.
The board is supported by reports from the following committees: _
- The Finance Sub-committee
- The Welfare, Risk and Compliance Corn￿1ttee
- The Academic committee
- The Safeguarding committee
Chaired by Mrs H Nickson
Chaired by Mrs G Pearson
Chaired by Dr D P Walter
Chaired by Mrs G Pearson
Induction and training of new Trustee5
New Trustees are given appropriate induction on joining the board, designed to ensure that the Trustees are able to
discharge their duties effectively from the time of their appointmenL
Related parties
From time to time payment5 are made to companies or individuals connected with the Governors of the School. These
are only made after approval of the Trustees after due consideration to the requirements of the School and the costs of
the advice or servTces provided.
Risk management
The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate
controls arc in placc to providc rcasonablc assurance against fraud and Crror.
The Trustees continue to keep the School's risk assessment study under review in order to establish an appropriate
system of internal controls and any other viable Tneans, as well a5 insurance cover where appropriate, in order that the
major risks to which the Charity is exposed. a5 identified by the Tru5tee& can best be mitigated. A regularly updated risk
assessment handbook is maintained which covers all aspects of the School's activities.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Cornpany number
01298683 (England and Wales)
Registered Charity number
506907
Registered o￿lCe
Belmont Hall
Great Budworth
Cheshire
CW9 6HN
Trustees
Mrs G Pear50n
Mr5 H Nickson
Mr L R Nisbet (resigned 2214r24)
Dr D P Walter
MT G Duncan (resigned 2214124)
Mr C J Swallow (resi￿ed 1716124)
Mr5 S E Minta
rs G A Yandell
Mr D Cohen (appointed 1716124)
Company Secretary
Mrs S P￿Ott
Page 5

Cransl School Limited
Re ort of the Trustees
for the Year Ended 31 Au
ust 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Auditors
Johnstone Howell & Co
Statutory Auditors
104 Whitby Road
Ellesmere Port
Cheshire
CH65 OAB
Banker5
The Royal Bank of Scotland
3 8 Mosley Street
Manchester
M2 3AZ
Officers
Head Teacher
Mr R Pollock
Director of Finance
Mrs S Parrott
TRUSTEES, RESPONSIBILITY STATEMENT
The trustee5 (who are also the directors of Cransley School Limited for the purposes of company law) are responsible
for preparing the Report of the Trustees and the fmancial statements in accordance with applicable law and United
Kingdom Accountino Standards (United Kingdom Generalty Accepted Accountino Practice).
Company law requires the trustees to prepare finaThcial statements for each financial year which give a true and fair view
of the state of affatrs of the charitable company and of the incovning resources and applTcation of resources. including
the income and expenditure, of the charitable company for that period. In preparing those financial statements, the
trustees are requiTed to
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charity SO]iP;
make judtsements and estimates that are reasonable and prudent"
state whether applicable accounting standards have been followed, subject to any material depa￿reS disclosed and
explained in the financial statements.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable
company will continue in business.
The trustees are responsible for keepin
¥ 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 financial statements 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 PTeveThtion and detection of fi7ud and other i)Tegularities.
In so far as the trustees are aware:
there is no relevant audit information of which the charitable company's auditors are unaware" and
the trustees have taken all steps that they Oucrht to have takeTh to make themselves aware of any Televant audit
infornlation and to establish that the auditors are aware of ihat inforniation.
AUDITORS
The auditors, Johnstone Howell & Co. will be proposed for re-appointment at the ftirthcoming Annual General Meeting.
Page 6

Cransle
School Limited
ort of the Trustees
for the Year Ended 31 Au
ust 2024
Report of the trustees, incorporating a strategic repor( approved by order of the board of trustees, as the company
directors, on 19 May 2025 and si¢yned on the iM)aTd's behalf by:
Mrs H Nickson - Tn]stee
Page 7

ort of the Inde
endent Auditors to the Members of
Crdnsl School Limited
Opinion
We have audited the financial statements of Cransley School Limited (the 'charitable company,) for the year ended
31 August 2024 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement
of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The
financial reportin(v framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepfrd Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 Autsust 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 Ki￿tsdoM Generally Accepted Accountin(F Practice" and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted OUT audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are ￿rther described in the Auditors. Tesponsibilities for the audit of the
financial statements section of our report. We are independent of the charitable company in accordance with the ethical
requirements that are Televant to our audit of the financial ststements in the UK. includino 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 suffjcient and appropriafr to provide a basi5 for our opinion.
Conclusions relating to going coneern
In auditing the financial statements, we have concluded that the trustses, use of the goino concern basis of accountints in
the prepardtion of the financial statements is appropriate.
Based on the work we have perforn]ed, we have not identified any material uncertainties relating to events or conditions
thaE individually or collectively, may cast significaT]t doubt on the charitable company's ability to 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 t￿￿eeS with respect to going concern are described in the Televant
sections of this report.
Other information
The trustees are responsible for the other infoTtnation. The other information comprises the inforn]ation included in the
Annual Repo¢ other than the financial statetnents and our Rewrt of the Independent Auditors thereon.
Our opinion on the fInancial statements does not cover the other inforniation and, except to the extent otherwise
explicitly stated in our reporL we do not express any fonn of assurance conclusion thereon.
In connection with our audit of the fmancial statements. our re5ponsibTlity 15 to read the other inforniation and, in doing
so, consider whether the other infomiation i5 materially inconsistent with the financial Statements or our knowledge
obtained in the audit or oth¢nYise appears to be materially misstated. If we identify such material inconsistencies or
apparent material misstatements, we are required to deterniine whether this gives rise to a rnaterial misstatement in the
financial statements themselves. If. based on the work we have wfornied, we conclude that there is a material
misstatement of this other information, we are required to report that fact. We have nothin(F to report in this regard.
Opinions on other matters prescribed by the Companies Act 2(H)6
In our opinion, based on the work undertaken in the course of the audit:
the infornlation given in the Report of the Trustees for the financial yeor for which the financial statements are
prepared 15 consistent with the financial statements. and
the Report of the Trustees has been prepared in accordance with applicable le￿1 requirements.
Page 8

ort of the Inde
endent Auditors to the Members of
Cransle
School Limited
Matters on which we are required to report by exception
In the litsht of the knowledge and understanding of the charilable company and its environment obtained in the course of
the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you
if, in our opinion:
adequate accounting records have not been kept or returns adequate for our audit have not been received from
branches not visited by us. or
the financial statements are not in a￿eernent with the accounting records and returns. or
certain disclosures of trustees, remuneration specified by law are not made" or
we have not received all the inforniation and explanations we Tequire for our audit.
Responsibilities of trustees
As explained more ￿llY in the TTUStees' Responsibilities Statement, the trustees (who are also the director5 of the
charitable company for the purposes of company laiv) are responsible for the PTeparation of the financial statements and
for being sat15fied that they oive a true and fair view, and for such intemal control as the trustees detertnine is necessary
to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or emir.
In preparing the financial statements. the trustees are responsible for assessing the charytable companys ability to
continue as a Croing concern, disclosin& as applicable, matters related to going concern and using the going concern
basis of accountinly unless the tn￿teeS either intend to liquidate the charitable company or to cease operations, or have
no realistic alternative but to do so.
Our responsibilities for the audit of the fFnancial stalements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement. whether due to fraud or error, and to issue a Report of the Independent AuditOTS that includes our
opinion. Rcasonable assurance is a high Icvcl of &ssurJnce, but is not a truarnntee that an audit conducted in accordance
with ISAS (UK) will always detect a material misstatement when it exists. Mi5Statements can aTise from fraud or error
and are considered material if, individually or in the awegate, they could reasonably be expected to influence the
econo￿1¢ decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting i￿egulaTitie5. including fraud is detailed below..
We gained an understandino of the letsal and regulatory framework applicable to the charitable company and the
industy in which it operate5, and considered the risk of acts by the charitable company that were contrary to applicable
law5 and regulations, includintr fraud. We desI￿ed audit procedures to respond to the risk. recoJiy isincv that the risk of
not detecting a material misstatement due to fraud is hiJts er than the risk of not detectino one resulting from error, as
fixud may involve deliberate concealment by) for example, forttery or intentional misrepresentations, or through
collusion.
We focussed on laws and reoulations which could give rise to a material misstatement in the financial statements,
including, but not limited to, the Companies Act 2006 and UK tax legislation. Our tests included aoreeints the financial
statetnent disclosures to underlyino supporting documentation and enquiries Mryth man￿OeMent. There are inherent
limitations in the audit procedures described above and, the fillther removed non-compliance with laws and reoulations
is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. We
did not identify any key audit matters relating to I￿egular1tjes. including fraud. A5 in all our audits, we also addressed
the risk of mana(Tement override of internal controls, including testing journals and evaluating whether there was
evidence of bias by the trustees that represented a risk of material misstatement due to fraud.
A fvrther description of our responsibilitie5 for the audit of the fll)ancial statements is located on the Financial Reporting
Council's website at www.frc.org.uklauditorsresponsibilities. This description fomjs part of our Report of the
Independent Auditors.

ort of the Inde
endent Auditors to the Member5 of
Cransle
School Limited
Use of our r¢port
This report 15 made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of
the Companies Act 2006. Our audtl work has been undertaken so that we might state to the charitable company's
members those matters we are required to state to them in an auditors, report and for no oiher purpose. To the ￿lIest
extent pennitted 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.
Andrew Bagnall FCA (Senior Statutory Auditor)
for and on behalf of Johnstone Howell & Co
Statutory Auditors
104 Whitby Road
Elleslnere Port
Cheshire
CH65 OAB
19 May 2025
Page 10

Cransl School Limited
Statement of Financial Activities
ordtin
an Income and Ex
enditure Account
for the Year Ended 31 Auoust 2024
Inco
2024
Total
funds
2023
Totsl
fund5
Unrestricted
fimd
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Fees received
3,606,344
3,606,)44
),J86,925
Other income
178,244
110,718
288,962
386,729
Total
J.784,588
110,718
3.895.306
3.773.654
EXPENDITURE ON
Direct charitable expenditure
2,145,369
2,145.369
1,977,374
Charitable activities
Educational Activities
Support Cost
678.756
554,403
55,060
38,575
733,816
592,978
710,620
527,046
Total
3,378.528
93,635
3,472.163
3,215,040
NET INCOME
Tran5fer5 between fund5
406.060
4,288
17,083
(4,288)
42i,143
558,614
Net movement in funds
410J48
12,795
423,143
558,614
RECONCILJATION OF FUNDS
Total funds brouobt forward
1,561,378
iOO.498
1,861,876
1.303.262
TOTAL FUNDS CARRIED FORWARD
1.971.726
313293
2,285,019
,861,876
The notes forni part of these financial statements
Pagell

Cransle
School Limited
Statement of Financial Position
2024
Total
fimds
2023
Total
funds
Unrestricted
fund
Restricted
fund
Notes
FIXED ASSETS
Tangible assets
1.304.921
245.tg85
1,55U,6U6
1,4U7,010
CURRENT ASSETS
Stocks
Debtors
Cash al bank and in hand
12
13
13,282
705,656
2,540.604
13,282
706,587
2,607,514
12,792
739,646
1,633,928
931
66.910
3259,542
67,841
3.327,383
2,386,366
CREDITORS
Amounts falling due within one year
14
(2.192,411)
(2J4) (2,192,645) (1.480,194)
NET CUKKLLY'I. A55ET&•
1,067,lil
67.607
1.134,738
906,172
TOTAL ASSETS LESS CURRENT
LIABILITIES
2.372.052
313,292
2,685,344
2,313,182
CREDITORS
Amounts falling due after more than one year
15
{400,325)
(400,J25)
(451,306)
NET ASSETS
1,971,727
313,292
2,285,019
1,861,876
FUNDS
Unrestricted lunds
Restricted funds
19
1,971,727
313,292
1,561,378
300,498
TOTAL FUNDS
2,285,019
,861,876
The financial statements were approved by ihe Board of T￿￿teeS and authorised for issue on 19 May 2025 and were
signed on its behalf by:
Mrs H Nickson - Trustee
The notes forn] part of these financial statements
Page 12

Cransl School Limited
Statement of Cash Flows
for the Year Ended 31 Au
ust 2024
2024
2023
Notes
Cash flows from operating aetivilies
Cash generated from operdtions
Interest paid
1.335.843
(25,371)
789,645
{32.581)
Net ¢a5h provided by operating activities
1,310,472
757,064
Cash llows from investing aetivities
Purchase of tangible fixed assets
Sale of tanoible r￿ed assets
Interest received
(305.983)
1.704
17,069
(416.282)
3,311
Net cash used in investing activities
(287,210)
{412,971)
Cash flows from financing activities
Loan repayments in year
(49,676)
(42,465)
Net cash used in financing activities
(49,676)
(42.465)
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning ofthe reporting period
973,586
301,628
1,633,928
1,332,300
Cash and cash equivalents at the end of
the reporting period
2,607,514
1,633,928
The note5 fomi part of these financial statements
Page 13

Crdnsl School Limiled
Notes to the Statement of Cash Flows
for the Year Ended 31 Au
ust 20?4
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERA TING ACTIVITIES
2024
2023
Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest received
Interest paid
Increase in stocks
DecTeasel{increase) in debtors
Increase in creditor5
423,143
558,614
156,729
3,954
(17,069)
25,371
(490)
33,059
711,146
145,238
458
(3,311)
32,581
(1,118)
(47,699)
104,882
Jyet cash provided by operations
1,335.843
789,645
ANALYSIS OF CHANGES IN NET FUNDS
At 1.9.23
Cash flow
At 31.8.24
Net cash
Cash at bank and in hand
1,633,928
973,586
2,607,514
1.633.928
973.586
2,607,514
Debt
Debts falling due within l year
Debts falling due after l yeai
(46,053)
(418,799)
(9,715)
59,391
(55,768)
(359,408)
(464,852)
49,676
(415,176)
Total
1,169,076
1.023,262
2,192,338
The notes ftirni part of these financial statements
Page 14

Cransle
School Limited
Note5 to the Financial Statements
for the Year Ended 31 Au
ust 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORJ) (FRS 102) 'Accounting and Reporting by Charities: Statement
of Recommended Practice applicable to charities PTeparints their accounts in accordance with the Financial
ReportincF
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and ihe Companie5 Act 2006. The financial statements have been prepared under the historÈcal cost
convention.
Critical accounting judgements and key 50urees of estimation uncertainty
In the application of the company's accountlng policie5, management is required to make judgements, estimates
and assumptions about the carrying values of assets and liabilities that are not readily apparent from other
sources. The estimate5 and underlying assumptions are based on historical experience and other factors that are
considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ontsoints basis. Revisions to accounting estimates
aTe recognised in the period in which the estimate is revised if the revision affects only that period, or in the
period of the revi5i0n and future period5 if the revision affects both Cu￿ent and future periods.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the ￿nds, it
is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon a5 there is a legal or constructive obligation cornmitting the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals b&8is and has
been classified under headings that aggregate all cost related to the category. Where costs cannot be directly
attributed to particular headinoJ they have been allocated to activities on a basis consistent with the use of
resources.
Allocation and apportionment of costs
Costs associated to the charity are allocated between the direct chaTltable activities and the management and
administrative function, as these are the tsvo core are&s of expended resources.
Tangible fixed assets
Depreciation 15 provided at the following annual rates in order to write off each asset over its estimated useful
life.
Improvements to propety
Short leasehold
Construction in Progress
Gymnasium
Pavilion
Fixtures and fittings
School equipment
at varying rates on cost
at varying rates on cost
not PTovided
40/0 on cost
50/0 on cost
Iofy/o on c05t
25% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after makino due allowance for obsolets and slow
moving item5.
Taxation
As a charity, Cransley School is exempt from corporation tax on income and gains falling within section 505 of
the Income and CoTpofdtion Taxes Act 1988 or section 258 of the Taxation of Chargeable Gains Act 1992 to the
extent that these are applied to its charitable objects. No tax charges have arisen in the Charity Other than those
relating to wage5 and PAYE.
Paoe 15
continued...

Cransle
School Limited
Notes to the Financial Ststements - continued
for the Year Ended 31 Au
ust 2024
ACCOUNTING POLICIES- continued
Fund accounting
Unrestricted funds can be used in accordance with the charltable objectives at the discretion of the trL￿ees.
Restricted funds can only be used for particular restricted pury)oses within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purpose5.
Further explanation of the nature and purpose of each fimd 15 included in the notes to the financial statements,
where applicable.
Hire purchase and leasing commitmenls
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straioht line basis
over the period of the lease.
Government grants
Government grants are recognised when there is reasonable a&surance that the entity will comply wilh the
conditions attaching to the.¢ryant and the grant will be received.
FEES RECEIVED
2024
2023
Fees
Extrd subject fees
Catering
Multi-sen50ry SUPPOrt
Transport
3,072,92)
84,473
195,243
113,459
140,246
2,856,802
94,817
187,170
122,073
126,063
3.606,344
3,386.925
OTHER INCOME
2024
2023
Donations received
Deposit account interest
Other interest
Sundry receipts
124,279
17,069
215,068
2,658
653
168,350
147,614
288,962
386.729
continued...

Cransle
School Limi*d
Notes to the Financial Statements- continued
for the Year Ended 31 Auoust 2024
DIRECT CHARITABLE EXPENDITURE
Raising donations and legaeies
2024
Staff costs
Departmental resources
Exarnination costs
Music tuition sub contract
Infonnation technology
Trip expenses
Interest payable and similar charoes
1,866,219
93,977
14,215
11,175
1,701,ilO
122,510
13,787
8,609
30.509
68,068
32,581
94,809
25,371
2,145.369
1,977,374
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 6)
Direct
Costs
Totals
Educational Activities
Support Cost
596,401
84.507
lJ7,415
508,471
733,816
592,978
680,908
645,886
1,326,794
SUPPORT COSTS
Governance
costs
Manatsement
Other
Totals
Educational Activities
Support Cost
137,415
470,466
lJ7,415
508,471
22,213
15,792
607,881
22.213
15.792
645,886
NET INCOMEI(EXPENDITURE)
Net income/(expenditure) 15 Stated after chargIn￿(credItIng)-
2024
2023
Auditors, remuneration
Auditors, remuneration for non audit work
Depreciation - owThed assets
Other operating leases
Deficit on disposal of fixed assets
10.512
5,280
156,729
142,973
3,954
7.938
4,586
145,239
113,941
458
continued...

Cransl School Ltmited
Notes to the Financial Statements - continued
for the Year Ended 31 Au
st ?024
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended i l August 2024 nor for the year ended
31 August 2023.
Trustees, expenses
There were no
31 Au¢YUSt 2023.
trustees. expenses paid for the year ended 31 August 2024 nor for the year ended
STAFF COSTS
2024
2023
Salarie5
Social security costs
Pensions
,906,166
173,236
38,257
1.763.421
158,618
27,845
2,117.659
1,949,884
The average monthly number of employees during the year was as follows:
2024
52
25
2023
53
20
Teaching staff
Non teaching staff
77
73
The number of employees whose employee benefits (excludino employer pension costs) exceeded £60,000 was..
2024
2023
£60,001- £70.000
£70,001- £80,000
io.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestrlcted
fund
Restricted
fund
Total
nds
INCOME AND ENDOWMENTS FROM
Fees received
3.386,925
3,386,925
Other income
180,181
206,548
386,729
Total
3,567,106
206.548
3,773,654
EXPENDITURE ON
Direct charitable expenditure
1,975,060
2,314
1,977,374
Charitable activities
Educational Activities
Support Cost
656,825
526,950
53,795
96
710,620
527,046
Total
3,158,835
56,205
3,215,040
Page 18
continued...

Cransle
School Limited
Notes to the Financial Statements - Continued
for the Year Ended 31 Au
ust 2024
io.
COMPARATIVES FOR THE sfA TEMENT OF FINANCIAL ACTIVITIES - Continued
Utwe5tricted
Restricted
fimd
fund
Total
funds
NET INCOME
408,271
150,i43
558.614
RECONCILIATION OF FUNDS
Total fi]nds brought forward
1.153,106
150.156
1.303,262
TOTAL FUNDS CARRIED FORWARD
1,561.377
300,499
1,861,876
ii.
TANGIBLE FIXED ASSETS
Improvements
to property
Short Const￿ctIon
leasehold
in progress
Gymnasium
COST
At I September 2023
Additions
Disposals
1.153.195
224,428
161,710
12,530
16,800
77,088
At 31 August 2024
1,377,623
161,710
29,330
77,088
DEPRECIATION
At I September 2023
Charcwe for year
Eliminated on disposal
263,166
57.338
161,636
74
77,088
At 31 August 2024
320.504
161,710
77,088
NET BOOK VALUE
At 31 Autrust 2024
1,057,119
29,330
At i l August 2023
890,029
74
12,530
Page 19
continued...

Crdll51 School Limited
Notes to the Financial Statements - continued
for the Year Ended 31 Auoust 2024
ii.
TANGIBLE FIXED ASSETS - continued
Fixtures
and
fittintss
School
equipment
Pavilion
Totals
COST
At I September 2023
Additions
Disposals
83,179
630.010
11229
(105,369)
380,849
53,526
(150,187)
2,498.561
J05,983
(255,556)
At 31 August 2024
83,179
535,870
284,188
2,548,988
DEPRECIATION
At I September 202)
Charge for year
Eliminated on disposal
21,250
4,159
283,588
53.214
(103,458)
284.823
41,944
(146,440)
1,091,551
156,729
(249,898)
At 31 August 2024
25.409
233,344
180,327
998,i82
NET BOOK VALUE
At 31 Autsust 2024
57.770
J02,526
103,861
1,550,606
At 31 August 2023
61.929
346,422
96,026
1,407,010
12.
STOCKS
2024
2023
Stocks
13,282
12,792
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Fees outstandino
Bad debts provision
Other debtor5
Prepayments and accrued income
602,185
(38,360)
18,759
124,003
702,647
(34,389)
9,090
62,298
706.587
739,646
The figure for fees outstanding includes advance invoicing of fees for the Autumn 2024 terni. These fees were
not due for paytnent until September 2024, and therefore. the resultant deferred income is shown within creditors
(see note 14).
Page 20
continued...

Cransle
School Limited
Notes to the Financial Statements - continued
for the Year Ended 31 Au(Tust 2024
14.
CREDITORS: AMOUNfs FALLING DUE WITHIN ONE YEAR
2024
2023
Bank loans and overdrafts (see note 16)
Trade and other creditors
Social security and other taxes
Fees paid in advance
Deposits in advance
Other creditors
Accruals and deferred income
Accrued expenses
55.768
54.956
46.053
57,508
36.755
31,249
600
7,227
1.215,560
85,242
600,554
600
7,345
1.346.873
87,215
2,192,645
I,480,194
15.
CREDITORS: AMOUNTS FALLING DUE A￿ER MORE THAN ONE YEAR
2024
2023
Bank loans (see note 16)
Fees paid in advance
Deposils in advance
359,408
40,917
418,799
16,507
16,000
400,i25
451,306
16.
LOANS
An analysis of the maturity of loans 15 given below:
2024
2023
Amounts falling due within one year on demand:
Bank loans
55,768
46,053
Atnounts falling between one and two years:
Bank loans - 1-2 years
51,061
46,053
Amounts fallino due between two and five years:
Bank loans - 2-5 years
li6,894
151,480
Amounts falling due in more than five years-
Repayable by instalments:
Batdc loans rnore 5 yr by instal
171,453
221.266
continued...

Cransle
School Limited
Notes to the Financial Statements- continued
for the Year Ended 31 Au
st20?4
17.
LEASING AGREEMENTS
Minimum lease paJThents under non-cancellable operating lease5 fall due as follows..
2024
2023
Within one year
Between one and five years
In more than five years
132,613
542.377
2,630,858
105.295
390.275
2.737,606
3,305,848
3,233,176
On 16 February 2024 the trustees renewed the lease relating to the School premises comprising of a 25 year ten
effective from 2 September 2021. The above disclosures assume that the lease runs fvll term. However, the
School may tenninate the lease at any titne by serving a Break Notice on the landlord at least six months before
Ihe Break Date. Consequently, the School would be liable to an amount equivalent to one year's rental at the date
of the Break Notice. In accordance with the lease agreemenL annual rentals are subject to an increase in line with
the Retail Price Increase (maximum of 40A per annum).
18.
SECUREDDEBTS
The following secured debts are included within creditors:
2024
2023
Bank loan
395,224
434,572
There 15 a fixed and floating charge over the charitys assets. The floating charge covers all the propety or
undertaking of the charity.
19.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
nds
At 1.9.23
At 31.8.24
Unrestricted funds
General ￿nd
1,561378
406,061
4,288
1,971,727
Restricted funds
Foundation fund
300,498
17,082
(4,288)
313.292
TOTAL FUNDS
1.861.876
423,14i
2,285,019
Page 22
ontinued..-

Cransle School Limited
Notes to the Financial Statements - continued
for the Year Ended 31 Au
ust 2024
19.
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are ￿ follows-
Incoming
T¢SOUTces
Resources
expended
Movement
in funds
Unrestricted funds
General ￿nd
3,784,588
(3,378,527)
406,061
Restricted funds
Foundation fund
110,718
(93,636)
l7,082
TOTAL FUNDS
3,895,306
(3,472,163)
423,143
Comparatives for movement in funds
Net
movement
in funds
At 1.9.22
At 31.8.23
Unrestricted funds
G¢n¢ral fund
1,153,106
408,272
1,561,378
Restricted funds
Foundation ￿nd
150.156
150,342
300,498
TOTAL FUNDS
1.303.262
558,614
1.861.876
Comparative net movement in fund5, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
3,567,106
(3,158,834)
408,272
Restricted funds
Foundation fijnd
206.548
(56.206)
150.342
TOTAL FUNDS
3,773.654
(3,215,040)
558,614
Page 23
continued...

Cransle School Limited
Notes to the Financial Statements - continued
for the Year Ended 31 Autrust 2024
19.
MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Net
movernent
n funds
Transfers
between
funds
At 1.9.22
At31.8.24
Unrestricted funds
General fund
1,153,106
814,3JJ
4,288
1,971.727
Restricted funds
Foundation fimd
150,156
167,424
(4,288)
313,292
TOTAL FUNDS
1303,262
981,757
2,285,019
A cuffent year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows:
Incoming
resources
Resources
expended
Movement
in fuThds
Unrestrlcted
General fund
7,351,694
(6,537,361)
814,333
Restricted funds
Foundation fund
317266
(149.842)
167,424
TOTAL FUNDS
7,668,960
(6,687,203)
981,757
20.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 Au(Fust 2024.
21.
ULTIMATE CONTROLLING PARTY
The ultimate controlling party of the company is the Board of Trustees, who operate the company on behalf of
the members.
22.
RESTRICTED FUND
The Cransley Foundation Fund was established to rdise funds to be applied to specific projects approved by the
Foundation Fund Committee and the School.
Page 24
continued...

Cransl School Limited
Notes to the Financial Statements- continued
for the Year Ended 3 J Au
t 2024
23.
CAPITAL
The company is limited by ouarantee.
Paoe 25

Cransle
School Lirnited
Detailed Statement of Financial Activities
for the YeaT Ended 31 Au
ust 20?4
2024
Total
nds
2023
Total
fund5
Unrestricted
funds
Restricted
funds
INCOME AND ENDOWMENTS
Fees received
Fees
Extra subject fees
Catering
Multi-sensory support
Transport
3,072.923
3.072,923
84,473
195,243
113,459
140,246
2,856,802
94,817
187,170
122,073
126,063
195,243
113,459
140,246
3.606.344
3,606,344
3,386,925
Other income
Donations received
Deposit account interest
Other interest
Sundry receipts
15,374
15,256
108,905
,813
124,279
17,069
215,068
2,658
653
168,350
147,614
147,614
178,244
110,718
288,962
386,729
Total incoming resources
3,784,588
110,718
3,895,306
3,773,654
EXPENDITURE
Rai5illg donation5 and legacies
Support staff costs
Academic staff salaries
Departmenta] resources
Examination costs
Music tuition sub contract
Inforniation technology
Trip expenses
Bank loan interest
400,540
1.465.679
93,977
14.215
11.175
39,603
94,809
?5,371
400,540
1,465,679
93,977
14,215
11,175
39,603
94,809
25,371
380,020
,321,290
122,510
13.787
8,609
30.509
68,068
32,581
2,145,369
2,145.369
1,977,374
Charitable activities
Rent
Rates and wateT
Insurance
Light and heat
Cleaning
Pensions
Catering
Sundry transport
Depreciation of improvements to propety
Depreciation of short leasehold
Depreciation of fixtures and fittings
Carrled forward
84,610
19,374
79,487
57,549
83,830
38,257
75,076
82,042
53.964
73
50,625
624.887
84,610
19,374
79,487
57,549
83,830
38.257
75,076
82.042
57,339
73
53,214
630,851
80,906
24,940
67,433
60,088
73.741
27,845
68,536
93,063
48,528
75
51,384
596,539
3,375
2,589
5,964
This page does not forni part of the statutory financial statements

Cransle
School Limited
Detailed Statement of Financial Activities
for the Year Ended 31 Au
ust ?024
2024
Total
funds
2023
Total
nds
Unrestricted
funds
Restricted
nds
Charitable actÈvitie5
Brought forward
Depreciation of pavilion
Depreciation of school equipment
Loss on sale of tsncrible fjxed assets
624,887
258
32.213
3,954
5,964
3,901
9,731
630.851
4,159
41,944
3.954
596,539
4,159
41,092
458
661,i12
19.596
680,908
642,248
Support costs
Management
Manaoement and clerical salaries
Other operating leases
Postage and telephone
Printing and stationery
Sundry expenses
Legal and professional ftes
Bad debts
Bank charcFes
Repairs and renewals
Health and safety
199,735
58.363
11.200
iO,507
48,022
25,612
4,064
1,907
138,660
15,771
199,735
58,363
11,200
30,507
194,455
33.035
9,522
30.559
83,633
27,307
34,415
1,6'12
120.109
23.975
35,465
25.612
4.064
I.YU7
177.235
15,77l
533.841
74,040
607,881
558,682
Other
Marketino and public relations
22,213
22.213
24.212
Governance c05tS
Auditors, retnuneration
Auditors, retnuneration for non audit WOTk
10,512
5,280
10,512
5,280
7,938
4,586
15.792
15,792
12,524
Total resources expended
3.378,527
93,636
3,472,163
3,215,040
Net income
406,061
17,082
423.143
558,614
This page does not forn) part of the statutory financial statements
Pa.tre 27