FYLJ]qG HALL SCHOOL TRUST LIMITED
REPORT ATrtD FINANCL4L STATEMENTS
FOR THE YEAR ENDED
31 AUGUS'I 2024

FYLING HALL SCIJOOL TRIIST LIMITED
DLRECTORS, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
The Board of Directors present iheir annual report for the year ended 31 August 2024 under the
Comp2nies Act 2006 and the Charities Act 201 I, tooether wilh the audited financial statements for the
year, and Conf￿ thai the latier comply with the requirements of the Companies Act 2006, Charities Act
2011, the Company's Memor2ndum & Articles of AssocidLion and Accounting and RetK)rting by
ch￿itieS. Statement of Recotnmended Practice applicable to Charities prep￿.ing their accounts in
accoL'daDce with the FinaJ]¢iaJ Reporting Stamd￿d applic&ble in the UK and Republic of Ireland {FRS
102) _ (Charitics SORP (FRS 102)).
REFERLNCE & ADNqTKE.STII4TIVE INFORMATlnN
Fyling Hall School w&8 founded in l 9_)3. Fyling Hall School Trusi Limiied was incorporaied iii 1978 and
1.8 a charitable company. charity reoistralion number 507857. company registraiion Dumber 01377607,
ouarantee. The Registered Office and prinLiPdl
with the liability of lis member8 limited to £1 each by ¥
addiess of the Company is at Robin Hood's Bay, North Yorkshire, YO?? 4QD.
Directors
The present Directors of the Company. who are also the Charily Trusfres and the School Governors, and
Isv aiiy ex-Directors ivho served during the year as indicated are:
Mr K Jame.8 - Chair
Miss B Easton - Vice Chair
Mr P N Burley
Mr M D Bayes
Mrs H Fox (resigned 613124)
Mr J Jeakins
Mrs R Mansoor
Miss C Spencer
M.$ E K Smith
Mr E Gaifney
Company secretary
Mr P N Burley
Key executives and professionaj adytsers
The Head..
Mr S Allen
Bankers:
HSBC plc. 33 St Nicholas Street, Scarboroutsh. YO I I ?HN
Solicitor8:
Pinkney Grunwells, 4? Baxter.(Tate Whitby. North Yorkshire. YO? I I BN
Auditor..
O:Reill},. Kiln Hill, Markei Place, Haweb, North Yorkshire. DL8 3RA
InsUr￿l¢e
brokers:
J M Glendinning, 54 Wesiborough, sc￿bOrOllJts J, Noffh Yorksbire.
YOII ITU

FYLING HALL SCHOOL TRUST LIMITED
DIRECTORS, REPORT
FOR TKE YEAR ENDED 31 AUGUST 2024
STRliCTtJRE GOVERNANCE AND MANAGEMENr
Governino document
The company is aoverned by its Memorandum and Articles of Association. which was last amended on
24 November 1994.
Governing body
The Direciors. ￿.hO att also required under the Anicles to serve as members of the Company are elected
at a DireLlors ￿[eeting on the basis of nominaiions received from existing members. Members are
encouTaoed 10 seek oui prospeciive members with the required skills and experienLe to increase the
strength of the exAsting Board. Al the Annual General Meeting, one third of tbe Members of the
GoveniÉng Body. or it this number is not a muluple of three, then the number nearesi 10 but not exceeding
one thir(L shdlj retire from office and be elioible for re-elcction.
The members retiTing by rotation are". Mkss B Faston, Mr P N Burley 2nd Mts E K Smith.
Trnstee training
Prospective Direclors are appraised of the School's history and of the corntwtm¢ni thai would be
required. On appointsneni a new Dirccior is oiven copi¢s of relevant documenis including a copy of tlie
Memorandum and Articles of Association. The Essential Tntstee: Whal you need to know, handbooks-
both governors and siaff. risk assessments, aceounts e(c. All Direciors are encouraged to attend relevant
courses, and LS a member of AGBIS trustees attend their seminars.
Organisational managenient
A B0￿d Meeting is held each terni with 2dditional meeting if required io deterniine the general policy of
the Conipany and review overall management and control, for w'hich they are legally responsible. The
Board has the folloNTring committees: Academic. Financc & General Purposes, Premises & Developnient,
Health and Safety, Complwnis and Disciplinary, and Appeals. All committees meet ai least annually with
the exception of the last Iwo. who will rneet &$ necessary. Finance & General Putposcs and He21th and
Safely nornially meet at least once a ierm. The day to day runnino of the school is delegated 10 Lhe Hedd
and Assistant Bursar and supportcd by the Senior Manacvemeni Tea￿L Th£ prinoipal C￿nI]ilE1c&s and th(LSe.
sitting on the same are: Finance & General Purposes - Mr P N Burley (Chair) and Miss B Easlon Healih
and Safety- Mr J Jeakins (Cbair), Academic- Mr K James (Chair) 3nd Mr M Bayes.
Risk nwiagement
Ai a Board Meeting including the Head. held in June each year. the fomal risk 2ssessments are revicwed.
The Board and Head continually keep ihe School's activities under review, particularly with regard to any
major risLs thai may arise from lime to lime, and to monitor the effectiveness of systems of control and
other viable me4mS, including insurance cover where appropriat¢: by whkch those risks atready identified
CaJL best be miuoaied

FYLLNG H.4LL SCHOOL TRusf LIMttED
DlliECTORS' REPORT
FOR THE YEAR ENDED 31 AUGUSf 2024
Remuneration policy
The remuE]eration of the senior Man￿OeMent teaFn is sei by the tnjstees.
OBJEcfs, Atms, OBJECTIVES AND PRLNCIPAL ACTIVITLES
The objects of the Company, in accordance with its Memorandum and Arucles of Association, are to
promor¢. and prnvirte. for Ihe. adviinceniciit of education and in conn¢ction therewith to Li)nduct. carrv on.
acquire and develop in Ihe United Kinodom any boardino or day college or colleges. scliool or schools for
the education of swdents and children of either sex or both sexes.
In setting our objectives 4￿d Pl￿ning our aelivities the Directors have ￿Ven careful consideration to Ihe
Cbarily Commission'5 general guidance on public benefit.
Strategic aim and intended effect
The school's strategic aim to reach its annual objective is the attainment of the highest academic levels
whilst maintaining non-selection and a modest lee level. This aim together wilh extra-curricular
prO￿arnMeS enables devclopmcnt of other interests and prepares students for further education with a
solid foundation in life.
Objectives for the yvdr
The Board's miiin objective continued to be to ensure that every student reaches their potenlial and ihat
.y for achieving
Ihe overall standards achieved by the School improve, on a year on year basis. Our su'ate(7
this is to have a high ratio of commilled staff io students, and to ensuTe staff receive continuous
professional developinenl.
Principal attivity
The Company's principal 2Ctivity continues to be to operate a non-selective, co£ducational boarding and
day school for studenls between the acres of 4 to 18.
Ci'dll(-iiiakiiig
As fees are Telatively modest, gant inaking has lo be constrained. Nevertheless, scholarships, burs&ies
and atlow8mLes hav¢ reduced annual iJ)conie by £329L Applications. from i¥hatever SOUTce arc
considered by the Head and approved or otherwisc by the Board. There arc no specific funds. and all
award,8 reduce annual income.
Volunteers
The P￿ent Teacher Association raises fijnds for the .8chool. Durinu the year there ￿aS a sitsnifJcarAt
amount of voluntary )eTh4ce, The Board takes tbis opporcunity 10 say how much we appreciate their
contilluino and valuable support.

YLING IIALL SCIIOOL TRUST LIMITED
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
REVIEW OF ACHIEVETrIENTS AND PERFOlImA￿c￿ FOR THF. YCAR
Operation21 performance of the school
The summer ?094 exam series saw results broadly in-line with 2023. ResulLs in the oradc bracket 9-7 (or
equivalent) were at 200/0, slightly lower t]wi 2023, while 8610 of all exam vrades were aW￿ded ai grades
94, consistent with 2023. The "headline, percenta(Te of students achieving five passes at 94. includiiig
Enolish lan(Juaoe (or equikalenl) and rnaihematics, was 7410. remainints above the national 2veratte.
The A level cohort also priyjuced r&8uIts broadly in line with previous years. In the highest-grade bracket:
430/c of results were aivarded an AI'IA {or cquivaJen(), while 79Yo of results were A*'_C. Two students
produced exceptional rebLilts' une achievints 4 A".s and goints on to read Chemical Engineering and
Biotcchnoloiyy at Pembroke Colletse, Cambridge. While anoiher achieved 2 A".s and 2 As to read
Aeronautical EnLTrineering at the Universiij of Brisiol. AJI students planning io attend university achieved
an offer from their fJrst<hoice universiiy with courses rdnging from Chemical Engineering lo Computer
Science.
Fuiidraisiiig performance
The School has no target for fundraising. As has becn menlioned above, the Parent Teacher Association
does raise funds for the School. The Board keeps under review rhe School's ability and need for fund
raisin¥, Th¢ school acknoivl¢does the gencrosicy of parenis and friends in the pasL which has enabled the
school to develop.
Investment perfornianee
Invesiments are with major UK clearing banks. The rerurns were in line with the base 13E,
FINANCIAL REVIEW AND RESULTS FOR TKE YEAR
The Directors report an overall net d¢fJ¢it of £50L for the year. The defjcit has resulred in a decrease in
free reserves lo £892k. The level of reserves is reviewed annually ￿]d is presently calculated on the basis
of one terni's expenditure, which is aPproxima￿lY £690k. This provides sufficient working Capital to
enable the company to manage cash flow effeciivL'ly. Thc Company's principal fundin¢J suurce is that of
sc.hftal f%tr.{ li dnp.s nAt iLIip& 11 ny Advance Fe.e. Pavmcnts (Composition) Schemes.
Goin% concern
Afcer making appropriate Cnquiries, the directors have a reasonable expectation Ihat Ihe company has
adequate resources 10 coiicinue in operation2] existence for ihe foreseeable future. For this reason. it
continues to adopt the ooing concern basis in preparino the financial siacements.

YLING FL4LL SCHOOL TRLST LIMITED
DIRECTORS, REPORT
FOR T&tE YEAR ENDED 31 AUGUST ?024
In￿estment policy 2nd objectivos
There are no restrictions on the Company's absolute powers of investment. The Board's policy continues
to be, that as reserves are for working capi￿1 2nd short-tern] coniingencies they sl)ould be held on deposit
with not less than 80fo to be with the major UK clearing banks. The returns are to be in line i¥qth the base
L'ate.
FUTURE PLANS
Our key objeclive remains the same as reported above for this year.
The Board is and will continue to keep the financial position of the School under review with the aim to
provide funds for it.8 long-tenn development.
Thc BoaTd's short to medium lenn plan$ ate for coniii)ued upgradin(r of facilities.
AUDITORS
In accordance with Section 144 of the Charities Act 2011, a re501u(ion Proposing the reappointment
O'Reilly, Chartered Accountants as audiiors to the Company will be pue Lo the ar￿Ual general meeiin
Approved bj Ihe Board ot Directors at its meetin? on
2Llii/2L
and signed on its behalf by:_
K James
Chair

FI'LING HALL SCHOOL TRUST LIMrrED
STATE￿￿NT OF DIREcfoRS' RESPONSIBILITLES
The directors are responsible for prepartn*7 the Directors. Report the financial st21emenis in
accordance with applicable law and Uniied Kinodom Accouniina Standards (Uniled Kingdom Gener211y
Accepted Accouniino Practice).
Company law requires the Directors to prepare financial statements for e2ch financial year ￿1hICh give a
true and fair ￿leW of tbe state of affairs of the charitable company and of the incoTnino resources and
applicdiion of Tesouices, iiicludino Ihe income and expenditure. of the charitable company tor that period.
In preparing these financial siatemenis ihe Direciors are r4uired to:
Select suiiable accountino
policies and then apply ihem consisiendy:
Observe the methods 2nd principles ID the Charities SORP:
hlake judL7ements and escimates that are reasonable amd prndent;
State whether applicable UK Accounting Sfandards hai'e been followed. subject to any
material dcp3rtiires disclosed and explained in the financial stalements.
and
Prepare ihe financial sta(emenls on the going concern basis unEess il is inappropriate to
presume thai the Ch￿1(abLe company will Continue in business.
The Directors are responsible for keeping proper accoutsting records that disclose with reasonable
accuracy at any tirne the finai)cial position of the charilable company and encible them to ensure thai che
financial statements comply with the Cornpanies Aci ?006. The> are also responsible for safeouirdino
the assets of the chariiable company and hence for taking reasonable steps for ihe prevention and
detection of fraud and other i￿esUlar1tI¢$.
Statcmcnt of disclosure to auditor
so far as the directors ale aware, Ihere is no relevani audit infonnalion of ￿1h]ch the charitable
company's auditors are unaware, and
they have taken all the steps thai the). ought to have taken as directors in order lo make
Ih¥fIiselves aware of ahy felei'at5t audil infOrn￿lI0￿ and EO cS￿b￿Sh that the company's auditOl-S
ar¢ aivJie of that infornution.
K James
Chair

INDEPETrIDENT AUDITORS, REPORT TO TILE TRUSTEES OF
FYLIINIG HALL SCHOOL TRUST LTMrrED
Opinion
We have audited the financial statments of Fylinu Hall School Trust Limited (the 'Ch￿ilable
Company") for the year ended 31 August 9￿94. which comprise The Statement of Financial Activities,
the Balance Sheel the Cash Flow StaiemenE and not&5 10 the financial statements. including significani
accounting policies. The financial reportino
framework thai has been applied in Iheir preparation is
applicable law and United Kingdorn Accountino Standards, including Financia] Reporting Siandard I￿.
The Financial Reportino Standard applicable in the UK and Republic of Lreland (United Kinodo
Generally Accepted Accoununo Practice).
n our opinion, the financiaj sutemenLs
giiie a tnje and fair view of the stale of the chari￿bIe Company's affairs as at 31 August 2094
and of its income and expenditure for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice;
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conduLled our audit in accordance with International Standards 011 Audiiino (UK) {ISA.s (UK)) and
applicable law. Our responsibibties under those standards are further described in Lbe Audiior s
responsibilities for the audii of Ihe financial sidlewents section of our repon. We are independent of the
charitable company in accordance with the ethical requirements ihal are relevani 10 our audit of the
financial statemenis in the UK, includino ihe FRC'S Ethical Siandard ai)d we have fulfilled our other
eihical responsibilities in accordance with these reqiiirernents. We believe tliai the audii evidence we have
obtained is .8ufficienL and appropriale lo provide 2 basis for our opinion.
Conclusions relating to going concern
In auditino ihe financial slaLemenL8, we have concluded thal the director's use of the going concern basis
of accouiitiiiLr in the preparation of the fii)ancial statements is appropriate.
Based on the work we haipe pcrfornied, we have not identified an) material uncertainties relating io
eients or Lunditions Ihat. individually or collectively, may cast significant doubt on the charitable
fly's ablllcy 10 cuniirsue Js. d guiiiu LUllLei li lui J yviiod (Jf at least 12 inonths from when the
financial statements are authoriscd foi issue.
Our respoE)sibilities and the respoiisibilities of the direclors rebpect to ooiiits coiicern are dcscribed in
the relevant sections of this report.
Other information
The other infonnation comprises the inforniation included in thc annual report, includino the tnLStees'
report, oiher than the finaThcial statements and our auditor's report Ihereon. The trustees are responsible
for the other informalion conlained wilhin the annual report. Our opinion on the fu]aJicial statements does
not cover Ihe other inf0m￿llOn and. excepi LO tl)e extent otheThvise explicitly stated in our report. wc do
not express any forn] of assurance conclusion Ihereon.

LNDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF
FYLING HALL SCHOOL TRUST LLMITED {CONTI¥UED)
Our respoDsibilitv is to read the other information aD￿ in doino so, consider whether the other
infornMtioD is materiall). incollsislent with the financial .statements or our knowledoe obtained in the
course Of Ihe audit. or o(herwise appears to be materially misstated. If we identify such material this gÈves
rise to a maierÈal misstacemeiit in Ihe financial statements thernselves. If, based on the work we have
perfomed, we conclude that there is a material misstatement of this other inforination, we required to
report that fact.
We have nothino to report in this reg￿d.
Matters on which we are required to report by exception
In the light of the knoivledoe and understanding of the company and its environmeiit obiained in Ihe
course of ihe audit, we hai'e not identified material misstaicments in Ihe dire¢Eors' report included within
the trustees, report.
We have nothing to report in respec( of the following mailers in relation to which the Charities (Accounts
and Reports) Regulauons ?008 require us to report to you if, in our opinion..
•adequste and proper accounting iecords have noi been kept, or retunis adequate for our audit have nol
been received from branch&8 nnt visited by us: or
•the financial statements are not in agreement with the accountino records and reLurns; or
•certain di.sclosures of truslees. remuneration specified by law are nol made: or
•￿ie have not received all Ihe inforTnalion and explanalions we require for our audit.
Responsibilities of the trustees
As explained more fully ii) the irusiees. responsibililies statement set out on page 6, the trustees (who are
also the direccors of the charitable company for the purposes of company law) are responsible for Ihe
preparlltion of the financial slalcments and for being salisfied that they give a true dnd fair view. and for
such internal control as the trustees det¢rAT)ine ib necessary to enable the prepar<ition of financial
slatements that are free from matcrial niisstatement, whether due to fraud or error.
In prep1￿1￿0 the financial staiemenLS, the IDJstees arc rcsponsible for assessing the ¢ompaiiy's ability lo
coiiiinue as a going concern. disclosino as applicahle, matiers related io goints eoneern and usiiig the
goin(r coiicern basis of accounting unless the Wustees either iniend 10 liquidate Lhe company or to cease
operaLions, or have no realistic alternativc but 10 do so.
Our responsibilities for tlie audit of the financial statements
Ille have been appoinced a,% auditor under Secrion J44 of The Charities Aci 2011 and report in aecordance
with che Act ond relevanl regulations made or havino effect thereunder.
Our objectives are to obtaio reasonable assurance about whether the financial siatements a8 a whole
fl'ee frnm malerial rnisstatement, whether due to fraud or C￿0[. and to issue an auditor's report that
includes our opinion. Reason<ible assurance is a high level of assuiance, but is not a guarantee that an
audii conducted in accordance with ISAS (UK) will always detect a material missiatemeni when il exists.
Missiatements can arRse frorn fraud or ern)r 2nd are consideied tn<lterial if. individually or in the
aggregate, they Lould reas(Inably be expected to iDf]uence the economic decisions of users taken on the
basi.% of these financial statements.

INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF
EYLING IIALL SCHOOL TRUST LIMITED (CONTINtrED)
Iffegularilies, including fraud. are instances of non-compliance with laivs and regulations. We design
procedures in line with our responsibilities. outlined above. (o delect material misstatements respect of
irregu12rities, includino frdud. The exient to which our procedures are capable of detecung iFTegul8rities,
including fr2ud is detailed below:
A futther d&8CriPtion of our responsibilities is available on the Financial Repolling Council's websiie at:
'ii'i¥.fiL.orbi.uk.laudiiorsresponiibiliiie.%.
This description forn￿ part of our auditor's report.
O, Reillv Chartered Accountanis is eli¥ible for appointment as aL)ditor of the chariiiiblc company by virtue
of its eligibility for appointment as auditor of a company under sectioij 1212 of the Companies Act 2006.
Use of our report
TEUS report is made solely to the ClJariLy'S trus[e￿, as a Ix)dy, in accordanc¢ with section 144 of the
Chariues Act 2011 and the regulations made under section 154 of th21 ACL Our audit work has been
iindertaken so that we might slate lo the Chariiy, s trnstecs those ma(ters we are iequired to slxte to them
in ali auditnT'S reporc and for no oLher purpose. To the fullest extent perniitted by law, we do not occepi or
a8sume responsibiliiy to anyone other than the Charity's trus￿e$ as a body, for our audit work. for this
rcport, or for the opinions we have fonned.
O /ke,I
Mr Gary Rtizema (Senior Sttilutory Auditor)
for and on behalf of O'Reilly, ChRriered Accountants
Kiln Hill
Market Place
Hawes
North Yorkshire
DT.8 3RA

10
FILlh'G HALL SCHOOL TRU"ST LIMITED
STATEME￿ OF FINANCIAL ACTIVITIFS
FOR THE YEAR ENDED 31 AUGUST ?024
2024
Unrestricted Restricted Total funds
funds
funds
£000
2023
Total funds
Notes
£000
£000
Income from:
Charitable activities
1,903
1,967
2,174
Donations and legacies
Other Lf2din2 Ilctivities
14
14
18
Investment income
28
Query Income
,950
2,OJ4
2,195
Total income
I xpendithre on:
ch￿1[able Aciivities
2.03 I
33
2,064
2,059
Query Expens
Total expenditure
?.031
33
?,064
2,059
Net Income l (expenditure)
(81)
31
(50)
136
Reconciliation of funds
Funds blf I September 2023
1.046
30
1,076
940
Funds clf 31 August 2024
965
61
1,026
1,076
Conlinuing operations
All income and expendiiure derives from continuino activities.
Total recognised gains and losses
The Statement of Financial Actil'ities includes all oains and Jassth recooni5ed in ihe year.
The notes on pages 13 to 19 forn] part of these accounts.

11
F¥LllgG HALL SCHOOL TRUST LIMITED
BALANCE,SHEET
AS AT 31 AUGUST 2024
Notes
2024
£000
2023
£000
Fixed Assets
Tangible Assets
73
75
Investn]enl Asscts
io
193
187
266
262
Current Assets
Stock
Dcbtors
Cash at bank and in hand
11
71
1,512
59
1.154
1,589
Current Liabilities
Crediiors Amounts fallina due withiD one Jear
12
829
405
Net current assets
760
814
Totsl &8sets less Current liabilities
1,026
1,076
Net Assets
1.026
1.076
Unrestricted funds
Restrficted funds
14
15
965
61
1,046
30
Total funds of the charity
1,026
J.076
For the year ending 31 Autsust ?024 the company was encitled ro exemp(ion from audir under section 477
of Ihe Companies Acc 21J)6 relaiing to srnall companies.
The mtmbcrs have not required the compdny tv ubiain an audit of its accounts for the year in
question An accordance with seciion 476
The directors acknowledge their responsibilities for complying with Ihe requiremenLS of the Act with
respect to accoununti records and (he preparation of accounfs.
These accounts have been Prep￿ed in accordance with the provisio￿$ applicable lo companies 8ubject to
the small companÈes' regim
Approved by Ihe Board on.............-
and sioned on its behalf by
K James. Chair
Companv Number 01 J776(fi
The notes on p20es 13 to 19 forni part of these accounts.

12
FYLING HALL SCHOOI. TRUST LIMITED
STATEMENT OF CASHFLOWS
FOR TFtE YEAR ENDED 31 AUGUST 2024
20?4
£000
9023
£000
Cash flows from operating activities
Net movement in funds
Depreciauon gnd loss on disposal of r￿ed assets
Investmeni income
Decreasel(increase) in stock
Decrea8el(increase) in debiors
Inereasel(decrease) in creditors
(50)
17
(?8)
136
19
(3)
(E2)
4?4
(14)
(97)
Cash infiowl(outtlow) froiii operating aLtiviÉies
351
42
Cash flow from Investfing aetivities
Paymeiits to acquire iangihle fixed assets
Receipts from sale of tangible fixed assets
Investment income
(15)
(25)
28
Net cash flow from iniuting actii'ities
13
(?2)
Net increasel(decrease) iii cash and cgsh equivalents
364
20
C2sh and e2sh equivalents at the beginning of the year
1.341
1,321
Cash 2nd cash equivalents at the end of the year
1.705
1.341
Cash 2nd cash equiv21ents consist of:
InN'esunen15
Cash at bank and in hand
193
1,512
187
1.154
1,705
1,341
The notes on paoes 13 to 19 fonn part of these accounts.

13
E¥L￿G HALL SCHOOL TRUST LIMrrED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting polici&s
a) Basis of preparation
The financial statements have been prepared in accordance with Accountin¢y and Reporting bji Charities:
Statement of Recommended Practice applicable to charities preparing theii accounts in accordance with
(he Fiiiancial Reporting Standard applicable in the UK and Republic of Ireliind (FRS 102) (effective I
January ?0 l J) - (Charities SORP (FRS 102)) and the Compai)ies Act ?006.
b) Tangible fixed assets
DepTeciatioii is provided on all iangible fixed assets reiaincd for use by the school ai ra￿S calculated to
spread each ￿Sse[.$ cost, less ils eslimaEed residual valu¢ evenly over its expectcd usefijl economic life,
which for each class ot assets is iiiAtiallJi assessed as averaging.
Leasehold buildings
Motor vehicles
Fixtures, fLltings and cquipmeni
Computer equipment
- over the (enn of the lease
IOg¢ per annum straighi line
/6 per unnum str¢iighi line
33% per annum Straight line
c) Fees
Fees consisi of charges billed for the school year ending 31 Auoust. less bursiwieb <ind &llowai)ces. Fees
received for education to be provided in future )Jears are carried forward as deferred income.
d) Care subsidies
Care subsidies are received for some pupils. Tliese are recog)ised as the relaied expenses are incurred.
Any unused amounls at the year end are carried forward wi(bkn restricied reserves.
e) Direct and overhead expenditure
EAyeiiditui'e fts suininarised itndcr funettonal headingy eithep OR a diFeel cost batsi8 OF, for oyorheod costs,
apportioned accordinty to maniigemenl esfimit tes of staff time spenE. The irrecuverablt elemenl of V AT is
included with the item of expense to which IL relates.
O Teaching material
Supplie5 of IY<1mes equipment. books, stationery and sundry materials are written off to the stalcmcnt of
financial activities as soon as the expenditure un procurino them is incurred.
g) Pension schemes
The school contributes co the Teachers Pension Defmed Benefits Scheme at rates sei by the Scheme
Actuary and adTrised to tbe School by the scheme 2dmini5trator. The scheme is a mulii-employer peT]sion
scheme and it is noi possible to ideniity Ihe assets and liabiliues of th¢ Scheme which are attribuiable to
the ch￿ty. As a resuli. the Scheme is accounled for as a defined contribution Scheme and contributions
are accounted for when advised as duc by the Scheme Administraior.

14
FI'LLN'G HALL SCHOOL TRUST LIMITED
OTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
b) Operating leases
Rcnia]s due under operaiing leases are charoed EO the Income and Expendlture Account on a straitsht line
basis oN'er the iernj of the leasc.
i) Funds
Unrestsicled funds are Ihn%e ivhere the donor has placcd no restrictions upon specific spendiiig of the
funds received. Resiricted funds are those funds where the income is received for a specific purpose, as
set out by the donor.
j) Investments
Fixed asser ii)vesimeniS consisi of cash deposits and are included at the lower of cost and i)et reallsable
Yalu¢.

15
FYLING HALL SCHOOL TRUST LIIWITED
IYOTKS TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
2 Income from charitable activities
Unrestricted Restricted
funds
funds
£000
£000
2024
£000
2023
£000
Income from school fees
Gross fees
12ss: bursaries. grants and 211()wanc&8
Toial income from school fees
Educational healih funding plan
ToLa] income from charitable aciivities
2.237
(3?9
1,908
2,237
(3?9)
1.908
2,434
(323)
2.111
63
2,174
1,908
1.972
3 DonlltiOELS and legaci
Unrestricled Restricted
funds
funds
£000
£000
2024
2023
£000
Gifts and donations
Governmeni grants
4 Income from other trading aetivities
Unrestricted Restricted
funds
funds
£000
£000
2024
£000
2023
£000
Use of school facilities
14
14
14
14
18
18
Staff costs
Unreslricted Restricted
fiinds
fiinds
2Q24
£000
2023
£000
£000
£000
Salaries
Social sccurity costs
Pension contributions
1,073
95
176
1,344
29
1.102
96
177
J,375
1.096
97
161
1,354
31
The average number of employees in the
yeal was..
2024
2023
T￿ChIng
Doniestic and suppon staft
Admiiiislralive
21
18
23
18
41
43
Total number of hityher paid employees in each £ l O.O(X) band
of emoluments from £60:OIMJ upwards:

16
FYLING IIALL SCHOOL TRUST LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ETrfDED 31 AUGUST 2024
6 Transactions with related parti£8
The directors of the lOmp￿Y are also rrustees and governors. They are unpaid and thus have been
excluded frum ihe averaae number of employees. ExpetLses of £180 were reimbursed 10 directors
(?023.. £175). There is a block policy for professional indemnity insurance in respeci of 2]]
employees, including the trustees. As the cosi of the policy is based on the payroll amount and the
trustees are unpaid, no atnount has been allocated to the trusiees.
Expenditure: analysis of total rLsources expended
Siaff costs
£000
Other
£000
reeiation
£000
£000
Charitable activiiies:
School operaiino costs:
Teachino costs
Welfare costs
Premises
Support costs for schooling
985
120
68
?02
1,375
?26
84
288
74
672
17
204
356
?76
2,064
17
Expenditure: other disclosures
2024
£000
20?3
£000
Rcsources expendLd include".
Auditor's remuneration:
For audit
For Oiher services
Tan2ible fixed assets
Short-terni
leasehold land
. hiiil(lin&%
Fixturcs
rittings &
pqiiitunont
Motor
vehicles
Total
Cost
I September 2023
Additions
Disposals
31 August 20?4
1.708
242
15
36
1,986
1.708
257
36
2,001
reciation
I Septetnber 20?3
Charge for year
Elitninated on disposal
31 Auaust 2024
1,708
169
16
34
1.911
l7
1,708
185
35
1,9?8
Ner book value
31 Au4JUSt ?0?4
31 Au(rusi 20?3
72
73
75

17
'YLtNG HALL SCHOOL TRL.sr LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ETr4DED 31 AUGUST 2023
10 Investments
20?4
£000
187
2023
£000
184
Cash held for illvesimenl at I September 2022
Net increase
Cash held for investmeni at 3 l August 2023
193
187
11 Debtors
2023
£000
47
£000
55
Fccs
Other debtors
Prepayments
16
71
12
59
12 Creditors: due within One year
2023
£000
405
405
£000
829
899
Creditors, accruals and deferred incom¢
13 Operating lease Lommitments
In respecf of equipment and property leases. the comp8J]y is committed to making Ihe following total
payments..
Pro
ui
£000
£000
Amounts falling diie:.
Within one year
BeLweeii Iwu aIid five yeaÉs
After more ihan fjve years
69
278
416
763
The property lease payments are based oll the current rent payinents. and do nol take into account
increases at futtire rent review dates.

18
FYLING HALL SCHOOL TRL,ST LIMITED
NOTFS TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
14 Unrestricted reserves
At I September
2023
£000
Ineoming Outgoing Tr2nsfers At 31 Auoust
R(sources
Resources
2024
£000
£000
£000
£000
Unrestricted funds
1,046
1.950
2,031
965
15 Restricted reserves
At I September
Incoming
1023 Resources
£000
£000
Outgoing Transfers At 31 August
Resources
2024
£000
£000
£000
Restricted funds
30
33
61
16 Teachers pensfion scl)eme
The Tcachcrs, Pcnsion Sclieme (rps) is a ststutory, contribulory, defined benefit scheme, governed by
Tl)e Teachers. Pension Scheme Regulations 2014. Nlembership is auiomatic for teachers. All teachers
have the oplion lo opt-out of the TPS followino enroliiient.
Thc TPS is an unfunded sLherne lo which botli the member and employer makes coniribuiions, as a
percentage of sala￿Y - these contributions credited to the Exchequer. Retirement and oiher benetEts ￿.¢
paid by public lunds provided by Parliament.
Valuation of The Teachers, Pension Scheme
The Government Acuary, using nomial actuarial principles, conducts a fom.I1 aetuarial rti iew of Ihe TPS
in aLcordill)ce with Ihe Pul)lic Service Pensions (Valuations and Employer Cosi Cap) Dircctions 2014
published by HM Treasury every 4 years. The aim of the review is to specify the level of futurc
contributions. Actllari￿ Scheme valuations are dependent on assumptions about the value of future Costs,
deign of beneflts and many other faciors.
The lalesl acluarial vajuation of the TPS was canied oul as at ML arch 2020. The valuation report w
publisahed by the DepartnKnl lor EduLaiion on ?6 Ociober 20?3. The key elements of the valuation and
subsequent consultation are.
Employer contribution rales set at 23.68% of pensionable pay (including a 0.08% administration
levy) will increase by 5<70 fron) L April ?014
ToEal scheme iiabiLities (pensions currenily in pajryneni and the estimaied cost of future benefits)
for service to the effective date of £? I S. l(M) million and notional assets (estimated future
contiibutions tooeLher with notional invesunents held at tbe Traluation date) of £196,100 million.
giving a notional p&%t s¢rYice dcficit ot £??.IJJO fftillion

19
FYLSTrIG HALL SCHOOL TRUST LIMITED
NOTES TO THE ACCOUTrtTS
FOR THL" YEAR ENDED 31.4UGUST ?024
The next valuation result is due to be implemented from l April 2024.
A copy of the valuation report and supporting documentation is on the Teachers, Pcnsions Miebsite.
Under the defmitions set out in FRS 102, Ihe TPS is 8 multi-employer pension scheme. The School is
o assets and liabilities of the scheme. Accordinglv, the School
unable to identify lis share of the underlyin.
hos accounted for its contsibutions lo the scheme as if li were a defmed contribution scheme.
The pension casts paid 10 TPS in the year amounted 10 Ll72 k (?0?3: £159k).
The company also op¢rJtes a dcfined contribution pension sLheme. throuoh The People s Pension, for its
non-teaching staff. Ai at 31 August ?0?4 chere were 14 employees retnaining in the schem¢. The amount
recoanised <15 an expense dunno the year was £5k. (20?3 £5k)