Charity registTltion number 510515 Company regSslratlon numljer 01515144 (England and Wale51 CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS. CASTLE HOUSE SCHOOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2024
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL LEGAL AND ADMINISTRATIVE INFORMATION Trusto0s Mr O W Aldred Mr L G Collin5 Mrs S Fletcher Mrs L Moirili (Appoinled 12 Sepleniber 20231 Mr R K Mishra Mr K Palon-Feavèr Mrs N L Tenhoeve (Appointed 12 September 20231 Charity humbèr 510515 Company number 01515144 Raglstorod offlca Ch8¥¥nd End N8WPOrt Shropshiro TF10 7JE Ind•ndent •xamln•r Digital Accountsncy Services Limited 69 Emerald Way Stoke Dn Trent StaNoidshire ST6 8HL
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL CONTENTS Page Trustees report Ind8p8ndent exatnlner's report Stslemenl of financial activlties Balance sheet Slalemenl of ¢8sh flws Notes to the financial statements 7.15
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 29 AUGiIST 2024 Th8 Irust88s pr8sent Ih8ir annual report and financial statements lor Iha y8ar end8d 29 August 2024. The fin8nei81 ststemeni$ have been prepared in 8c¢ord8n¢e with the 8¢¢0unb"ng poli¢ies set out in note I to the fin8nci81 slatetnenls and cotnply wilh the charity's Metnorandum and Articles ol Associalion, the Companies Act 2006 and Accounting nd Reporting by Charrties". Staternent of Recorlltnended Practice applicable lo charitie5 preparing their accounts in accordance wilh the FlnancSal Reporting Standard applicable In the UK and Republic ol Irelend IFRS 1021" leffectSvè 1 January 20191. Objectives and activitie The ¢harlly'$ oble¢tiVgs, as $91 out In Ils M8morandun) and Artlcles tsf Asgodalion, 18 to promote 8nd provlde for th& advancement ol education of chil(tren. In pursuance of these objects, the charity runs the undgriaking known as Haberdashers, Castle House School, Newport, Shropshire. Public ben&fil The trustees have paid due re9ard to guidance issued by the Charity cornm1son in decidin9 what activities the charity should und6rtakg. Strat8glc roport H8bgrdashers' Cas119 House School Seeks lo benefit the public through the pur5u(( of its Stated airn8. Our fee5 are 581 al a level to ensure Ihe financial viability of the school. al a level that is consislenl wilh our airn of providing a lirsl clas5 education lo bgys and gSrl$. and at a1gvg1 tQ gn¥blg occ9ss by a wkI9 ¢ross-$8Ction ol th8 publlc as possiblg. Our bursary policy and soclal provision for the cornmunlty contribute lo 3 wldening access to the education we offer and the facilities we enjoy. Our school has a c105e relationship with Sl Nichola5, Church in NepOrt, our Services for RerneMbran and H8rvest are OP8n to both school famllies and thos• in th8 widar community. We support the local Agricultural Socièty with thoir annual show throush entrl•s to school coMpètlons, and also run food and nutrltion pr8s•Thtatlons lor all vlsiiors. W• enl8rèd a float IntL) the IoGal Newport Carnlval. winning Second prlze, Our school Fiiends Associatlon organise5 rnany events Wnich are open lo Ihe widgr cofflmunity. including wrgalh making workshops and Molhgrs, Day tea. Our pupils partiGipaled in a sponsored vialk for Children in Need. Achievements and perforrnance Signific8ni S¢livitifys ond 8¢hievem&ni$ &9oinsi obj¢¢live$ Flnan¢lal revl•w The Iru$l&o$ roport a promising year. wilh a profil 01 £74,50212023'.1£75,66011. At the end ol the year, Ihe reserves stood ol £474,34112023.' £399.8391. All ol the reserves held at the year end are represented by the general undesignaled fund. Going conGem The robust strategic framework previously implemented Lo develop the schools. offer across both early years and preparatory education haÈ resultad in intr8asl pupil and nurs¥ry numbèrs. Having considered all factors. the Iruslees believe that the School will be able to continue operating for the foreseeable future and Iha financial slaloments have been prepartd on a going wnc8in basis. Rgs6rw&s polffey The purpose of the s¢h)ol's reserves is lo ensure Ils stablllly and ongoing operations. The school bulldlng itself servlces the assets of the charity needs to b8 presetved to achie4e the charity's objectivg. A8 Ihe school building L% not available for dislribulion, il Is th& pollcy of the Iru$l&es lo conllnue lo bulld up res&rv98 10 8 lev61 vihich woule allow the school lo operate efficiently frorn its cash balances.
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 29 AUGUST2024 Slruclure, govemance and management Caslle House SGIioDI Trust Lirniled was founded in Seyleniber 1980, a cornpany limited bi yuaraiilep, aiid nol liaving sliare capital and is govamèd by ils M6mor8ndum and Ariidès ol Association. The trustees, who are also the directors for the purpose of company law. and who setved during Ihe year and up to the date of signature of the financial slalemenls were.. Ir D W Aldrad Ir L G Collins Irs S Fletcher Irs L Horiitl qr R K Mishra Ir K Paton-Feaver (Appointed 12 Sgplember 20231 Irs N L Tenhoeve (Appointed 12 September 20231 R&cmilm&nl 8ncl &ppoinlm8nl of tmstees The method of appointing new trusle8s consists of initial nominations made by present trLBlees, who are often FeopI8 linked lu tti¥ SLliuul. Tli# riuiriiritiliuri& tir¥ tli¥ii disLuss*d, tirid d vul8 is tdk#ri. The Iruslee5 undertake an initial induction process into the workings ol th8 charily. including board policy and procedures. organised for them by the headmaster. Th8 trustees am informed of th8 specific r8sponsibiliti8s ol trustees by th8 us8 of th• Charity Commissiontrr publicalions. Th8 Iru81eo8 report. including ihe $iralegi¢ rtrpon, was approved by Ihts Board lif Tru8ieg8. Ir K Palon.Feaver Tru$t• 14 April 2025
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CASTLE HOUSE SCHOOL TRUST LIMITED I report lo the tru5lee5 on rny 8xaminalion of lh8 financial stalem8nt5 01 Castle House School Trust Limiled Ithe charity) lor the year ended 2g August 2024. Ro$pon$lbllltl&$ and b¥sl$ of roport As Ihe trustoes ol tho charity land also its directors for the purposes of company lawl you aro responsibla for the pr8paration ol the financial statements in accordanc8 with the r8quirom8nt5 01 the Companies Act 2006 Ilhe 2006 Act). Having satisfied myselllhal Ihe financial slalemenls of the charily a not required Ir> be 8udiled undèr Part 16 rf the 2006 Ad and are eligible lor independent exarninalion, I report in respect of my examination of the charity's linanoal statements carried out under section 145 01 Charities Act 2011 Ilhe 2011 A¢tl. In carrying out my examination I have followed all the applicabl& 01r.n$ gDi¢n by Ihg Charity Commission undor Sec0n 1451511bl of Ihg 2011 Act. Ind•p•nd•nt •xamln•r's stat•m•nt Slnce th8 charlty'5 gross Incorne exceeded £250,000 your 8xarnln•r musl b8 a rn8mb8r ol a body Ilsl8d In sectSon 145 of th8 2011 Act. I confirm Ihal l am qualified to undertak8 thé examination bécause l am a m8mb8r of Associatr'on ol Accounting Technicians. which Is one ol the listed bodles. I have completed my examinalion. I confirm Ih8t no matters have Come lo my Otten'On in connection with the ex9minalion giving m6 caus8 to beli6ve that in any malarial r8specl'. 8¢counling records were not kept in respe¢l of the charity as requirèd by section 386 01 th¢ 2006 Act,. or the financial stalernent5 do not accord with those records., or the financial slalements do not comply with the accx)unting r8quirements ol section Jyb ol the 2UUb Act other than anj. requirement that the accounts give a true and lair wew which is nol a maller considered as part tsf an independent 8yamSn8llon', or the financial 5tatement5 have not been prepared in accordance with the melhods and principles of the Stslement of Recommended Pioclice lor e¢¢ounling and reporling by ¢horibes applicable lo chorilies preparing their o¢counls in accordance with the FinonrAal Reporting StBndord HppliBoble in the UK ond Republic ol Ireland IFRS 1021. I have no conc8ms and have comè across no othèr matters In conn8Ctlon wllh the examlnatlon to whleh attentlon should be rawn in this report in orcjgr to 8n8ble a proper understanding ol the fin8n¢i81 sialemenls to be re8¢hod. Dlgltsl A¢¢ounton¢y S&rvl¢e$ Llmllod Kar•n Smbth MAAT 69 Emarald Woy Sluktr on Trent Stafford8hire ST6 8HL Dated,. 14 A?ril 2025
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 29 AUGUST 2024 Unr•stri¢tsd Restri¢t•d funds funds 2024 2024 Total Unro8tri¢tsd Re8tri¢l*d fund8 funds 2023 2023 Total 2024 2023 Notes Incom• from= Donations and legacies Chari18blè 8clivth$s 1,009 1,009 995,797 995 797 632,304 632,S Total Incom 995.797 1,009 996,806 632,304 632,304 Expenditure on: Charitabl¢ ¥livI19$ 922,304 922,304 709.546 709,546 Total •xp•ndltur• 922.304 922,304 709,546 709.546 Net incomellexpenditurel 73,493 1,009 74,502 177.2421 177,2421 Transl$rs belw¢¢n funds 1.009 11,0091 1.582 11,5821 N•t mov•m•nl In lunds 74,502 74,502 175,6601 11.5821 177,2421 R•¢on¢ilialion of fvnd•'. Fund balan¢es at 30 August 2023 399,839 399,839 475,499 1,582 477.081 Fund balanc•s at 29 August 2024 474,341 474,341 399,839 399,839 The slalernenl of financiol activities inoludes all gains and losses reco9nised in the year. All in¢ome expenditure derive from continuing aclivilies.
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL BALANCE SHEET AS A T 29 AUGUST 2024 2024 2023 Not9¥ FlxÈd 8gse18 Tangib18 asse18 710,912 712,920 Currènt a88•t8 Debtors Cash at bank and In hand 10 102,318 141,453 102,081 243,771 135.658 Cr•dilor8= amount$ f811ing du• within on• y•ar 12 1371,5651 1315,0291 N•t curmnl Ilabllltlos 1127,7941 1179.3711 Total as8•ts1•88 currnnl Ilabllltl•s 583,118 533,549 Credl¢org: amounts talllng due after more than one year 13 1108,7771 1133.7101 Net assets 474,341 399.839 The fund$ ol th• ¢hadty Unrestrlclgd lund$ 16 474,341 399,839 474,341 399.839 The company is enliued to the exemption from the audit requirement contained in section 477 01 the Companies Act 2006, lor the year ended 29 August 2024. The dir¢¢lors acknowledge Ih¢ir respon9ibil¥S lor complying with th& requirements of the Companies Acl 2006 with re$pe¢l lo accounting record5 and the preparation ol linanrAal 5talernents. The members have not required the MpanY lo obtaln an audll of its fln8ncl81 slal8m&nis lor ihe year in quesllon In accordance with section 476. These financial slalernenls have en prepa in accordan with the provisions applicable lo cornpanies subject lo the small companies reg1ff. The financial statements were approved by the trusteÈs on 14 April 2025 Ir K Paton.F8av¥r Trust00 Company registration number 01515144 (England and Wjalesl
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 29 AUGiIST 2024 2024 2023 Notss Cash flows from operatlng actlvltl•s Cash generalgd from opgralions 18 159.106 37.206 Invèstlng actlvlt5•8 Purchase of tangible fixed assets 12.8841 13,0881 N•t ¢a$h u$od In Inv•$tlng a¢tlvlil 12.8841 13,0881 Flnanclng actlvlll•8 Repayment of bank ltsans 125,2301 125,2651 Net cash used Sn flnanclng actlvltlas 125,2301 125.2651 N•t in¢r¢a80 in ¢88h and $h oquival&n¢8 130,992 8,853 Cash and Cash •quival&nls at baginnlno of year 10,461 1.608 Cash and ¢a$h oqulvo1gnl$ at •nd of y••r 141,453 10,461 R•latlng to.. Cash al b8nk and in hand Bank ovèrdrafts Includ8d In créditors payablè withln onè y8ar 141,453 33.517 123.1161
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGiIST 2024 Ac¢ountSng pollcle8 Ch8rity infowmation Castlo House Sthool Trust Limlted Ss a privat8 company limit¥d by guarant8• incorporated in England and Walos. The r8glsterod officè Is Ch8twynd End, Newporl, Shrop5hlr8, TF10 7JE. 1.1 Accounting conventlon Th& financial stalem&nts hav8 b88n pr8parèd in aceordanc& ivith lh8 d)arity's M8morandum and Artid8s of Association, the Companies Act 2006. FRS 102 'The Financial Reporiing Standard applicable In the UK and Republic ol Ireland I'FRS 102.1 and the Charities SORP"Accounting and Reporting by Charities.. Slatemenl ol Recommended Practice applicable to Charities preparing their aceDunts in aecordanee Mrith the Financial Reporting Standard applicabl8 In the UK and Republ1¢ of Iraland IFRS 1021. léffecllv8 1 January 20191. The ¢harlly is a Publi¢ 8tsnefil EnlSty as defined by FRS 102. The financial slalements are prepared in 51erfing. which is the functional currency ol the charity. Monetary amounts in Ih9sa financial stAlamants *a round&d to thè nearest £. The financial stalements have been prepared under the historical cost convents'on, The principal accounting policies adopted are stsl ¢ul below, 1.2 Going concem Al the lirne of approving the financial slalern8nt8, the trugte89 have a re8sonabl8 expgclation that the charity has adequate resources lo continue in operational existence lor the foreseeable lulure. Thus the trustee5 conbnue to adopt the going ¢oncem basis ol a¢¢ounlino In preparing the financial Stslements. 1.3 Charitable fund$ Unr&slrScled funds arg avallablg for use 81 Ihfj dl$crgllon of Ihg Iw$lee$ In furlheron¢g of Ihglr charllablg oblectlvfrs. Restrfcled lunds a subjÉ¢l to spècrfi¢ conditions by donors or grantors 8$ to how they may be used. The purposes and uses ol th8 restricted funds are s61 out in th8 not8s to the linanaal slat8menls. Endowmènt fund5 are subl8cI to speclflc conditlons by donors that th8 capllal must bo malntalned by th8 chartly. 1.4 In¢orn Incorne is recognlsed when the charity 1$ legally enliiled lo It after any performance conditlDns have been mel, U)e amounts can be measured reliably, and il Is probable that incorne will be received, Cash donations are reco9nised on receipt. Olher donation5 a recognised once the charity has been nolified of Ihe don81ion, unlgss perform8nco conditions require d8lerral of the 8mounl, Income lax rg¢ovgr8ble in relation lo donations received under Gift Aid or deed5 of covenant is recogni8ed al the lime of the donation. Lega¢ies are r¢Gogiiis¢d ori reGeipl or otl)¢iw18e if the charily ha> b¢¢n iiotified of ali iiiip¢i)din¥J dislribulioti, th¢ amount is known. and receipt 18 8xp8¢t&d. If the amount is nd known. th9 legacy is Irealed as 8 conling8nl 8S8el.
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 AUGiIST 2024 A¢¢ounting policies Icontinutdl 1.5 Expendituro Expenditure Is rOgnised On there is a legal orconstructive obligation to transfereconomic benefit to a third paty, it is probablo that a tr8nsf¥r ol oconomic bongfits will bo roquired in setugmgnl, and Ihe amount of the obligation can b$ measured reliably. Exppndilur9 is classiligd by activity. The costs of each a¢tivity arg rnad9 up of thg tol31 ol dir9ft ¢osts and shared cosls, induding suppom aosts involved in undertaking each activity. Direct costs attributable to a singl& activity are allocated directly to that activity. Shared costs which contribute to more than one activity and supptsrt costs which ale not allributabl8 to a single activity are apportion8d balwa8n tho$8 aclivit18s on a basis Lonsist8nl with Ihe use ol resources. Central staff costs are allocated on the basis of tirne spent. and depreciation charge5 are allocated on the portion ol the asset's use. 1.6 Tanglbl• fixed as80ts Tangible fixed a£set5 are initially measured al cost and subsequenly measured al G05t or valuation. nel ol depreciation and any impairment105ses. D¥pr¥Li&liuii is ItlLoyiiib¥d su lo wilt¥ oll rosl vf vdluÈ)lioi) ul abs¥lS l¥ss Ili¥ir r¥siduai vélu¥s uv¥r itri¥ir uslul Ilv8s on lh8 followlng basès". Fre8hcsld land and bulldings FixlLJres and fjltings Comput9rg 0% 25U/o reducing bal8n¢e 25,/0 siralghl Ilne Th8 gain or loss arlsing on th• disposal ol an asset is dot8rrnin•d as the differenco b8lw8en th8 salé proc88ds and tho carryin9 valua ol the assat, and Is r8co9nls8d In thè slatem8nt ol Ilnancial aclvlties. No depreclaiion b provlded on fre8nol¢ proport1&s as It IS Ihe eh8rlty8 praciice to maIn1n thasg 88$819 In a Contlnual stale ol sound rwair. Accordingly, the iruslees consider that Ihe Liv85 ol these asseis are 80 long and residual values are so high that depreciation is insignificant. 1.7 Impalrm•nt of fix•d oss•ts Al each reportlng end dare. the charlty revlews the carrylng amounts of its iangible asseis 10 deiermlne whether there is any indication that those assets have suffered an Irrpairmenl loss,11 any SLJch indication exists, the re¢over8ble amounl ol the asset is estimaled in ord8r lo deterrnine the exlenl ol the impairment Ios5 lif any). 1.8 C••h and ea•h •qulval•nt• Cash and cash equivalents include cash in hand, deposits held al call wth bank8, olhgr short-18rm liquid investments wilh ori9inal maturities of three months or less, and bank overdrBfts. 8ank overdrafts are shown wthin borrowin9s in ¢urrgnl IlabllWgs. 1.9 Flnanclal Instrumènts Thè charity has el$cl8d lo apply tha provisions ol Sèction 11 'Basic Financial Instiumgnts. and Saction 12'0thèr Financial InStrur@ts Issues. of FRS 102 to all of its financial in5trum8nts. Financlal instruments ar8 recognised ID th¥ chadly's balanc# sheol whtrn th¥ charfly b•com•s party to th contractual provisions of the instrument. Financial ass8ts and liabilities ar8 trffs£t, with th8 net atnount5 presented in the financial statgtngnt5, when Ih8rg is a legall¥ enforr£able right to sel off tre recogni5ed arnoun15 and there 15 an intention lo settle on a net basis or to realise the as5el and seille the liablity sirnullaneously.
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 AUGiIST 2024 A¢¢ounting policies Icontinutdl Basie financial •Jets Basic financial assets, which include debtors and cash and bank balenc£s, are inili£lly meaSUd at transaction price induding Iransadion wsts and are subsequently ¢arrigd at amortis8d ¢osl using th& 8ffe¢tivg inlertrst method unless the arrangement constitutes a linanGing Iransaclion. where the transaction is rnea5ured al the present value of the future reip1S discounted al a rnarkel rate of interest. Financk?l assets classified as receivable within one year are not amorti99d. Basic financial liabilities Basic finanei81 liabilities. inclLJding credilors and bank loans are initially recognised ot transa¢lion pri¢e unless the arrangement conslilut8s a financing transaction, where the debt inslrumenl is measured al th8 present value ol the future payments discounted at a market rale ol interest. Financial liabililies classified as payabl8 within on8 year ar8 not amortised. Debt Instruments ar8 subs8qu8ntly cari18d al arniYtiS8d cost, using th8 eff8ctiv• Int8r8sl ratè m8thod. Trade tt8dilors are obligations lo pay for goods or servic88 Ihal have been acquired in the ordinary course ol opèrations from suppllars. AmoLJnts paiablè are cL4sslflèd as curr8nt Ilablllll8s11 paym8nt Is dLJe wbthin oné yèar or188S. If not, Ihtsy are presented 8s non4urrenl liabilities. Trade creditots arts recognised inllially 8t trans3¢11on prf¢e 8nd subsequently measured at amortlS8d cosi using th8 effective in18r8sI rnelhod. DwKognlilon ¢lflnan¢l•l Ilabllltles Financial liabilitr'es are derecognised when the charity's conlraclual obligations expire or are discharged or cancelled. 1.10 Employ•• b•n•flts The cost of any unus8d holiday 8nlillemenl is reniSed in the period in which tho 8mploy88'S 8ervic68 are received. Teminalion b&n¢fils are recognisod immediately as 8n expense when the Charity is demonstrably committed to terminate the employment ol an employee or to provid8 termination benefits. 1.11 Rllrèmont bon•fll$ Paymenls lo clelned contr1tliOn r&lir¢menl benefit schem$s are ¢har9&d as an gxp9nse as Ih9y fall due, Crltleal accountlng èstlmates and ludgern•ntA In the applicats'on of the charity's accounting poIic4es, the trustees are required to make judgenEnls, esiimate5 and assumptions aboLJI Ihe carrying amount of assets )nd liabilities Ihal are not readily apparenl from other SOLJices. The eslim8les and associaled assumption8 are based on hi8torical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The 8slimales and underlwng assumptions are reviewed on an ongoing basi8. Revisions to accounting eslimales are recognised In Ihe period In which the esiimaie Is revised where the reViSn affecrs only ihat pen£x1, or In Ihe period or th8 revlslon and future per1$ wher8 the rgvlslon affects both ¢urrgnt future perlods.
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 AUGiIST 2024 Income from donatlong and legacles Restricted funds 2024 Regtrictèd lunds 2023 Donations and grfts 1,009 In¢om8 from ¢harttobl¢ a¢tlvltl•$ Unro$trl¢tgd lund8 2024 Unro$trlctgd funds 2023 F••s r•cèlvabl• Incomg from Chtable ath'vilies 983,569 608.462 School trlp Incom• Incom& from ch¥itabl• aclItIS 9,912 10,710 M18¢•11an•ou8 Incom¢ Income from chwitoble o¢tiwilies 2,316 13,132 905.797 632.304 10-
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 AUGiIST 2024 Expendltur6 on charStablo actlvltles VnrÈgtricted Unr•9trictèd funds lunds 2024 2023 Direct Costs Siaff costs DepreGiation and impairrnenl Rates and insurance Heal and light Offlce eost8 Repairs and eouipnieiit hirB Licence fees Miscellaneous expenses Food and drink School trips Bank charges Interest payable Teaching and nwsery resource5 Motor and travel Advertising Charitable donations Professional lees, health and safely and subscriptions 596.775 4,892 36,692 17,113 34.226 1 Jf.222 19.760 2,938 36.679 9,581 958 13,377 3,201 13,15S 46 1.094 16,59S 544.084 4.831 26,611 24,077 lo.9 6.422 26.982 10.792 1.259 13.843 5.645 2,051 1,789 12.992 922,304 709,546 Analy$l$ by fund Unreslricled fund8 922,304 Trustoos None ol tha trustees (Dr any persons connected with theml received any remun8ration or b8n8lits from th8 charity durfn9 Ihe y&ar. Employ•g9 Th& average monthly number ol employe&s durlng Ihe yoar was.. 2024 Nvrnber 2023 Numljer 30 24 11
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 AUGiIST 2024 Employ•¢$ Icontinutdl Empltsymont eosts 2024 2029 Wages and salaries Social security costs Otlier pension costs 504.300 45,706 33,874 464,019 34.755 32,633 683,880 531,407 Taxatlon Thè charity is aximpt from lèxalion on its a¢tivilie8 b8¢ausè 811 ils incornè is applied lor eharilabltt purposes, Tanglble nxed assets Fmhold land Flxtures ind Ind bulldlno1 ni¢ings Comput•r• T•lal Cost AI 30 August 2023 Additions 701,4¥0 117,904 2,279 8,757 605 828.121 Al 29 August 2024 701,460 120,183 9,362 831,CQS Depreelatlon and Impalrm•nt At 30 August 2023 Depreciation charged in the year 109,978 2.551 5,223 2,341 115,201 4.892 Al 29 August 2024 112,529 7,564 120,(3 Carrylng amount Al 29 August 2024 701,450 7,654 1,798 710,912 At 29 August 2023 701,460 7,926 3,534 712,0 10 Debtor8 2024 2023 Amounts falllng due wlthln one year.. Trade debtors Prepayments and accrued income 88.938 13.380 102,tB1 102.318 102,081 12-
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 AUGiIST 2024 11 Loans and overdrafts 2024 2023 Bank overdrafts Bank loans 23.11fj 158,976 133.746 133.746 182,092 Payable wi1hin one year Payable after onè year 24,969 108,777 48,382 133,710 12 Crodilors.. amounts falling duo within one yèar 2024 2023 Not•s Bank loans and ovgrdraft5 Other taxation and social security Deferred incorne Trado crodllors Olhar creditors Accruals 11 24,969 72,804 207,826 25,710 11,123 29,133 48,382 87.819 163.750 2,718 2.200 10,160 14 371,565 315,029 13 Crgdllors.. amounts folllng due gft*r more than ong yg•r 2024 2023 Notes Bank loang 108.777 133.710 14 D•l•rr•d Incom• 2024 2023 Other delerrefj Income 207,826 163,750 Deferr8d incom8 is induded in the financial staternents as folhjws.. 13-
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 AUGiIST 2024 14 Del•rr•d in¢om& Icontinutdl 2024 2023 Dèl$ri*d incoma is includ8d within.. Current liabilities 207,826 163,7YJ Movein¢nls in tlie year". Deleried income al 30 August 2023 Released from pievious periods Resource5 de18rred ir) the y8ar 163.750 1163.7501 207.826 77,768 177.7681 1fj3.7 Deferred Income ai 29 August 2024 207,82¢i 1fj3,750 15 R•llr•mont bgn•fll s¢hgmg$ 2024 2023 Defined contribution scheme8 Charge lo profil 0110s8 in r8$pe¢l of dèlinèd contribution 8ch8mes 33,874 32.633 The charity oper8les a defitEd contribution pensii)n scheme for all qualifying employees. The 8ssels ol the scheme arg held soparalely from th088 ol the Charity in an indopendenlly administered fund, 16 Unr•strl¢tsd fuNd$ Th8 unrestricled funds of the charity comprise the un8xpended balanc85 01 donalions and grants which are not subject to sptrcific condrtions by donors and 9ranlors as to how they may b8 used. Th&sa ilUde d&signated funds which have been set aside out of unrestrided funds by the Iruslees for speclli¢ purposes. AI 30 Augu8t 2023 Incomlng rg$ouru¥ R•8ourc•8 •xp•nd¢d Tran8hr8 At 29 August 2024 General funds 399,839 995,797 1922,3041 1,009 474,341 Prevlou$ yèar: At 30 August 2022 In¢omlng resources Rfj$our¢oS expended Tran$fgrs At 29 Augu$1 2023 G8ngral fund$ 475.499 632,304 1709,5461 1,582 399.839 17 R•latsd party tran8a¢tlon$ There were no dEclosable related party Iransaclion5 during the year12023- none). 14-
CASTLE HOUSE SCHOOL TRUST LIMITED HABERDASHERS, CASTLE HOUSE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 AUGiIST 2024 18 Cash genorated from operatlons 2024 2023 Surpluslldefiall lor ihe year 74,502 177.2421 Adjustments for.. Depreciation and impairment of tangit)le fixed assets 4,892 4,831 Movements in w¢rklng capllal.. Ilncreas81 in debtors Increase in credrtors Increas6 In dèferred Income 12371 35,873 44,076 119,1591 42.794 8S,982 Cash generated fram operatlon$ 159.106 37,206 19 Analysls of ¢h•ngo$ In n•1 fund$lld¢bt) AI 30 August 2023 CaBh flowsAt 29 AuguJt 2024 Cash at bank and In hand Bank c>v8rdrafts 33,577 123.1161 107,876 23,116 141,453 10,461 130,992 141.453 Loans 18lllno due wllhln one ygar Logn$ f811ing due after mor¢ thon one year 125.2661 1133.7101 297 24.933 I24,9) 1108,7711 1148.5151 156,222 7.707 15-
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