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2023-08-31-accounts

Company number: 01591107

YORK STEINER SCHOOL LIMITED

(Charity number 511974)

ANNUAL REPORT AND FINANCIAL STATEMENTS

for the year ended 31 August 2023

AUDITED

HPH Chartered Accountants 54 Bootham

YORK YO30 7XZ

YORK STEINER SCHOOL LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

CONTENTS Page
Directors' and Trustees' Annual Report 1 - 10
Auditor's Report 11 - 14
Statement of Financial Activities 15
Balance Sheet 16
Cash Flow Statement 17
Notes to the Financial Statements 18 - 27

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023

CHAIR OF TRUSTEES OVERVIEW

Over the course of the academic year 2021-22 our community pulled together to survive a financial crisis, celebrated our rating as a Good school by OFSTED and recruited our first headteacher. Before the academic year 2022-23 the Board of Trustees (BoT) agreed a strategy for the next five years that would secure the future of York Steiner School and allow us to thrive.

We agreed to build from the bottom, growing our Parent and Child groups and Kindergarten classes to allow the creation of a vibrant Class One of 20-25 children each year in Main School. We also agreed to explore expanding our provision to include an Upper School, allowing our students to stay at YSS to achieve a recognised qualification able to open doors to further or higher education and training. And we recognised that our incredible teachers are at the heart of our school, and there is a shortage of Waldorf-Steiner teachers nationally and internationally, meaning understanding how to nurture the next generation of teachers was our third priority.

In September 2022 a team of trustees met with our headteacher and staff to draft a detailed strategic plan, which was then shared with the school and parent community for their responses and input. We will publish the full 5 Year Strategic Plan in January 2024, following further consultation with staff, parents, pupils and others.

Over the academic year 2022-23 our exceptional new headteacher secured the role of lead school for the planned Post Graduate Diploma in Waldorf-Steiner Pedagogy with Buckingham University, and trainees will be able to enrol from January 2024. This qualification will allow teaching assistants across Waldorf-Steiner schools to gain a Post Graduate Diploma in Waldorf-Steiner Pedagogy along with a Postgraduate Certificate in Education (PGCE) and Qualified Teacher Status (QTS). The course involves a mix of on-line lectures and in-school mentoring. The Course Director will work with our headteacher to roll out this national programme.

We have developed plans to open an Upper School, beginning with the first class 9 in September 2024; this decision followed community consultation and extensive research and modelling to ensure the Upper School would reinforce the overall stability and sustainability of YSS. The Upper School will offer the Crossfields Integrated Education Level 2 Diploma, alongside GCSE English Language and Maths in Classes 9 and 10. It is hoped to then offer the Level 3 qualification in classes 11 and 12. The Integrated Education qualifications, which are accredited by OfQual, are a vibrant alternative to GCSEs and A levels and a natural progression from Waldorf-Steiner Class 8, as well as being appropriate for those coming from other educational settings or home schooling.

Kindergarten expanded from 3 to 4 classes, and our Gentle Beginnings and Parent and Child groups have grown to include more sessions. We also expanded Wrap-Around-Care from 8am to 5.30pm for all children, to help us better support families and fit the growing needs of busy family life.

Other achievements of note include allocating funds raised through our fabulous Fairs to update our premises: we renovated our woodwork room in Autumn 2022 and funded the gym refurbishment this Summer 2023, with new lighting, heating, acoustics and a renovated oak floor.

1

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Our headteacher expanded the role of Gardening Teacher to a permanent part-time post, with an exciting new curriculum that has had a positive impact on the school playgrounds, including the RHS award-winning wildflower meadow. And a number of important relationships were developed during the year, including with a York based ecological charity, St Nicks, the Forestry Commission, Woodland Trust and the City of York Council, to help us develop our outdoor spaces.

We welcomed a new Operations Manager and a Human Resources and Administration Manager, allowing us to handle increasingly complex operational and regulatory demands. We welcomed a new woodwork teacher and new Class One teacher. We will continue to advertise for German and Eurythmy teachers.

Our Fee Assistance Fund once again provided sufficient funds to enable families requiring financial help to access the school. In July a team of 20 school parents rowed in York’s Dragon Boat Race; with the help of our community and many other donors, over £3,500 was raised for the fund. Many more fundraising opportunities are planned for the coming academic year.

At the Mid-Summer Fair, we launched the YSS Alumni Network. The first event will be a Ceilidh organised and hosted by Tracey Lucas for a group of her former students on September 30th. Our alumni are our standard bearers, and we very much hope they will be happy to help us spread the word about the outstanding education we offer and support our projects and events.

Finally, we have begun bid writing for the YSS Community Hub Project: a visionary project that includes an outdoor performance space, wellbeing garden, eco reading cafe and outdoor classroom for heritage crafts. The Community Hub Project is designed to benefit both our school community and the wider community, providing valuable workshop and learning spaces for community groups, as well as a welcoming cafe for local residents.

Board of Trustees Annual Report

The Directors of York Steiner School Limited (who are also the Trustees of the charity, and whose details are shown in the reference and administrative section of this report) are pleased to present their Annual Report together with the Financial Statements of the charity for the financial year ended 31 August 2023.

The Financial Statements comply with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

York Steiner School (YSS) was established in 1981 with the aim to advance the education of children in accordance with the Steiner Waldorf education principles and with reference, in any event, to the natural processes of growth as they bear upon the unique individuality, special talents and needs of each pupil; and to equip YSS pupils intellectually, emotionally and spiritually to meet the challenges of the future.

YSS has achieved its aims through providing a high standard of education in the reporting period for around 200 pupils, aged from 3-14 years, in a caring and nurturing environment; based on the ongoing successful delivery of the Steiner Waldorf curriculum and Rudolf Steiner’s focus on promotion of the values of social awareness and personal responsibility.

2

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Charitable Objects

YSS was established to advance the education of children in accordance with Rudolf Steiner’s educational principles and with reference, in any event, to the natural processes of growth as they bear upon the unique individuality, special talents and needs of each pupil.

The primary objective of YSS is to equip pupils intellectually, emotionally and spiritually to meet the challenges of the future. YSS achieves this through providing a high-quality education for around 180 pupils on roll through the Steiner Waldorf curriculum where Rudolf Steiner’s philosophy, views on child development and psychology underpin the school’s educational approach and promotes the values of social awareness and personal responsibility.

The aims of YSS are to provide a place where the natural processes of growth as they bear upon the unique individuality, special talents and needs of each pupil through:

The achievement of these aims will further the purpose of YSS as a charity to provide school education for boys and girls from Kindergarten to Class 8 within the ethos of Steiner Waldorf education.

Public Benefit Disclosures

The charity is a Public Benefit Entity.

YSS’s purpose is to provide comprehensive, non-denominational and non-sectarian school education for boys and girls from Kindergarten to Class 8 (age 3 -14 years) with space for 275 pupils.

Through the aim to provide education to children up to the age of 14 years old the BoT confirms it has given due consideration to the Public Benefit requirement under the Charities Act 2011.

Social Investment, Achievements and Performance

YSS achieves its aims through the delivery of a high standard of teaching and educational experience for all its pupils aged from 3-14 years in the school.

The YSS social investment policy is then to use any capital and revenue generated by its activities to advance its charitable purpose through the education of children in accordance with the Steiner Waldorf education principles in York. YSS has a dearly held approach of seeking to ensure that its education is available to all and to that end, its financial model seeks to ensure that YSS can include as many families as it can, irrespective of their income. The Fee Assistance Fund supports this ambition.

3

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Activities, Achievements and Performance

As a charity established to advance the education of the children in York in accordance with the Steiner Waldorf education principles, our charitable activities are bound up with our continued success in operating the school. The criteria used to measure progress, our successes and performance are set out in the relevant sections of the YSS Strategy which looks at how the school:

During the reporting period, significant activities that took place included:

4

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Plans for future 2023-24

Improved communication and the sharing of ideas are a key focus for 2023-24. The Forums held with parents and staff last year were well received and we will be offering regular Staff and Parent Forums with headteacher and trustees, in addition to Community Meetings, to enable us to discuss ideas and address concerns in person at regular intervals. We aim to vary times to enable as many parents as possible to attend. We will also be hosting Pupil Forums, to allow our children to be consulted and included in school developments.

We are exploring a new communication platform which would securely centralise the sending and receiving of messages, moving away from messages duplicated across emails and WhatsApp groups, to provide a single source of information and news for everyone. The system is still in development and should be available soon for a trial period during which feedback will be sought.

We are also looking to update the school website and improve our online presence through Facebook and other social media, to better communicate our brilliant educational model. We will update our prospectus to include the Upper School that will open in September 2024, subject to Department for Education approval. We are working hard to build class sizes across the school.

Future plans and activities are set out in the draft 5-Year School Strategy Plan, due to be published January 2024. Plans take into consideration the need to strike a careful balance between ensuring the school is on a more resilient financial footing while at the same maintaining its inclusive ethos. Further steps will also be taken to build the Trustee body, particularly independent as opposed to parent trustees.

In summary, YSS will continue to build on the successes and performance as noted in the Activities, Achievements and Performance section of this report.

Structure, Governance and Management

YSS is constituted and governed as a charitable company limited by guarantee in accordance with its Memorandum and Articles of Association. The YSS organisation is loosely based on the Rudolf Steiner principle of the Three-Fold Social Order in which the Teaching Staff and School Management Group (SMG) operate and manage the school, whilst the BoT govern and provide strategic direction.

The management of YSS reflects the ethos of Rudolf Steiner (i.e. anthroposophy) and embodies the principles of collegial and participatory management.

Board of Trustees

The BoT has overall responsibility as governors, directors and trustees to ensure that YSS meets its legal and financial obligations, and to support the delivery of an anthroposophical education. They hold the long-term strategic overview for YSS; this is facilitated by Trustees liaising with staff members mandated to hold responsibility for each legal, financial and educational aspect of the school. The BoT is also responsible for liaising with the school community via the Association of Members and wider community meetings.

The constitutional provisions for the recruitment of candidates for election to the BoT, induction, training and recruitment of Trustees, are set out in the Articles of Association and in the YSS Trustees procedures.

5

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Leadership and Management

Accountable to the BoT for the day-to-day operations of the school are 5 managers of the school. The headteacher is responsible for all activities related to education, care, and wellbeing of the pupils who attend, and teaching staff who work at YSS. The Finance Manager, Human Resources Manager and Operations Manager are responsible for the running of the school finance office, and administration. The Managers ensure the school operates efficiently and effectively in delivering its core education and business aims.

The Headteacher chairs the School Management Group and is accountable to the BoT. The BoT, Headteacher, Finance Manager, HR Manager, Early Years Manager and Operations Manager comprise the primary leadership and management of YSS. During the reporting period, the BoT has taken steps to strengthen the management of the school and ensure that there are clear lines of responsibility in all areas. This includes the appointment of a new role of Head Teacher

School Management Group

Under the Headteacher and The Chair, the SMG holds an overview of educational and operational aspects of YSS and determines day-to-day management decisions. This is where educational and operational aspects of the school meet to ensure support is in place to provide an effective anthroposophical education at YSS. A Trustee attends SMG meetings, as appropriate. The SMG reports regularly to the BoT and is accountable to the BoT. Strategic decisions are referred to the Headteacher by BoT for consideration and as appropriate, endorsement or other. The SMG is also used as a consultation body for the Headteacher and Board of Trustees.

Volunteers

YSS volunteers are critical to operations of the school and are part of the ethos upon which YSS operates – we are a community and we all contribute. Volunteers assist with the preparation of meals in the school Café, clean classrooms, assist with reading in younger grades and so forth. Volunteers are also critical to YSS fundraising activities, including at the Advent and Spring Fairs, weekly bake sales, for the Fee Assistance Fund, and Class 8 trip fundraising initiatives.

Parents/guardians also give four hours of work per family at the end of each academic year during the work week to carry out tasks to prepare the school for the next academic year.

Affiliations

YSS is a member Waldorf UK from which it receives guidance and support. Waldorf UK is the membership organisation for all the Waldorf-Steiner schools in the UK and Ireland. It’s aims are to:

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YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Members from both leadership and management of YSS interact with Waldorf UK, with particular reference to their conferences, training, guidance, curriculum research, development and consultancy and information services. Amongst other things, Trustees participated in Waldorf UK Trustees Network meetings.

During the reporting period, YSS became a member of the Association of Governing Bodies for Independent Schools (‘AGBIS’) . AGBIS supports and advises governing bodies of schools in the independent sector on all aspects of governance, under the umbrella of the Independent Schools Council. The objectives of AGBIS are the advancement of education in independent schools and the promotion of good governance in such schools. AGBIS gives guidance to the governing bodies, and consults with and speaks for them on matters relating to the governance of independent schools. This includes providing expert advice on governance, webinars, on-site training, seminars, events and reviews of governance as well as providing a range of template governance documents and policies. During the reporting period, materials available on the Members Resources page of the AGBIS website were reviewed and work commenced on adapting them for use at YSS.

Fundraising

Fundraising activities, expenditure to promote the school or advertise the fundraising activities and other income is included in the Annual Report and Financial Statement.

Financial review

The continued use of a direct debit-based contribution scheme and the active monitoring and management of overdue payments by the Finance team, which was further strengthened during 2022/23, has significantly helped to reduce the risk of bad debt and increase confidence in the effective management and reporting of the YSS financial position during the reporting period.

The final outturn for the year on all funds was a net deficit of £35,687

Unrestricted funds - general reserve: The balance at 31 August 2023 was £394,638 (2022 - £417,353).

Unrestricted funds - designated reserve: The balance at 31 August 2023 was £5,140 (2022 - £7,744).

Restricted funds - The balance at 31 August 2023 was £13,216, (2022 - £23,584).

Investments

YSS policy is to reinvest all profits into the operation and maintenance of the school or hold this as limited operating or cash reserve, for the period reported. As the budget was set to provide a modest surplus, there is neither an investment policy nor objective for the reporting period.

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YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Pension Liabilities

YSS has no liabilities arising from obligations to a defined pension scheme or pension assent on the charity's financial position.

Funds and Reserves

For the reporting period, the YSS formal reserves policy was reviewed and the reserves policy which the YSS Operating Reserves fund, continued to target two months of average operating costs and this has been put in place and maintained.

No funds were in deficit at the end the period as reported in the Annual Report and Financial Statements. Total and Restricted funds held at the end of the period are reported in the YSS Annual Report and Financial Statements

Key Risks and Uncertainties Disclosures

These are reviewed and managed on an on-going basis by the leadership and management of YSS.

8

YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Reference and administrative information

Appointed

Resigned

Lyndon Nicholson (Chair) Alison Longridge Benjamin Eastwood 07/07/2022 Brendan O'Brien Harriet Lansdown Jonathan Haste Simon Ho 07/07/2023 Simone Doctors 08/09/2022 Katie Westoll 09/06/2022 19/02/2023 Nicholas Finch 29/09/2022 Susan Dent 28/11/2022 20/02/2023

Charity Information:

Charity number 511974

Registered and principal office:

The York Steiner School Danesmead Fulford Cross Fulford YORK, YO10 4PB

Auditors

HPH Accountants 54 Bootham YORK YO30 7XZ

Solicitors

Switalskis Solicitors Cranbourne House, 36 Gracious Street KNARESBOROUGH HG5 8DS

Principle bankers National Westminster Bank Plc Triodos Bank Main Street Brunel House Heslington 11 The Promenade YORK BRISTOL YO10 5ZB BS8 3NN

Triodos Bank Aldermore Bank PLC Brunel House 1st Floor, Block B Western House Lynch Wood PETERBOROUGH PE2 6FZ

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YORK STEINER SCHOOL LIMITED DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Statement of Directors’ and Trustees’ responsibilities

Company law requires the Directors (Trustees) to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its income and expenditure for the financial year. In preparing those financial statements, the Trustees should follow best practice and are required to:

The Directors (Trustees) are responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the 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 prevention and detection of fraud and other irregularities.

Exemption: This report has been prepared in accordance with the special provisions of the Companies Act 2006 applicable to small companies.

Approved by the Board of Trustees on 1 December 2023 and signed on its behalf by:

……………………

Lyndon Nicholson

Director and Trustee

10

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF YORK STEINER SCHOOL LIMITED

Opinion

We have audited the financial statements of York Steiner School Limited for the year ended 31 August 2023 which comprise Statement of Financial Activities, Balance Sheet, Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standards, including FRS 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities 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 relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant 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 trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

11

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF YORK STEINER SCHOOL LIMITED

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report included within the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement on page 10, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

12

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF YORK STEINER SCHOOL LIMITED

Auditor’s responsibilities for the audit of the financial statements

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 an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists.

Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

In response to the risk of irregularities and non-compliance with laws and regulations and risk of fraud, we designed procedures which included but were not limited to: sample testing on the posting of journals, timing of recognition of income and the completeness of income, review of trustee’s minutes and any correspondence with regulators.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards.

13

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF YORK STEINER SCHOOL LIMITED

We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. These inherent limitations are particularly significant in the case of misstatement resulting from fraud as this may involve sophisticated schemes designed to avoid detection, including deliberate failure to record transactions, collusion, or the provision of intentional misrepresentations. We are not responsible for preventing fraud and cannot be expected to detect all fraud.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities.This description forms part of our Auditor's report.

USE OF OUR REPORT

This report is made solely to the charitable company's members in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit 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 Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members for our audit work, for this report, or for the opinions we have formed.

...................................... Sarah Wearing (Senior Statutory Auditor) For and on behalf of HPH, Statutory Auditor 54 Bootham YORK YO30 7XZ

1 December 2023

14

YORK STEINER SCHOOL LIMITED STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023

Unrestricted
Funds
£
52,116
783,444
108,138
157,565
3,677		 Designated
Funds
£
-
-
36,816
-
-		 Restricted
Funds
£
11,496
-
-
-
-		 Total
2023
£
63,612
783,444
144,954
157,565
3,677		 Total
2022
£
45,385
669,900
98,655
201,927
1,140
£ 1,104,940 £ 36,816 £ 11,496 £ 1,153,252 £ 1,017,007
49,366
1,076,478		 -
41,231		 -
21,864		 49,366
1,139,573		 47,295
916,361
£ 1,125,844 £ 41,231 £ 21,864 £ 1,188,939 £ 963,656
(20,904)
(1,811)		 (4,415)
1,811		 (10,368)
-		 (35,687)
-		 53,351
-
(22,715)
417,353		 (2,604)
7,744		 (10,368)
23,584		 (35,687)
448,681		 53,351
395,330

The notes on pages 18 to 27 form part of these financial statements. Income and net movement in funds derive wholly from continuing operations.

15

YORK STEINER SCHOOL LIMITED BALANCE SHEET AS AT 31 AUGUST 2023

Company number: 01591107

Note
Fixed assets:
Tangible assets
10
Investments
11
Total Fixed Assets
Current assets:
Stocks
Debtors
12
Cash at bank and in hand
23
Total Current Assets
Liabilities:
Creditors: amounts falling due
within one year
13
Net current assets
Total assets less current liabilities
14
Total net assets
The funds of the charity:
Unrestricted funds
17
Designated funds
17
Restricted funds
16
Total charity funds
Creditors: amounts falling due after more than
one year		 £
£
277,664
100
277,764
4,925
64,261
282,112
351,298
(112,665)
238,633
516,397
(103,403)
£ 412,994
394,638
5,140
13,216
£ 412,994
2023		 £
£
277,664
100
277,764
4,925
64,261
282,112
351,298
(112,665)
238,633
516,397
(103,403)
£ 412,994
394,638
5,140
13,216
£ 412,994
2023		 £
£
301,299
100
301,399
5,435
60,958
283,859
350,252
(77,486)
272,766
574,165
(125,484)
£ 448,681
417,353
7,744
23,584
£ 448,681
2022		 £
£
301,299
100
301,399
5,435
60,958
283,859
350,252
(77,486)
272,766
574,165
(125,484)
£ 448,681
417,353
7,744
23,584
£ 448,681
2022
277,764
238,633		 301,399
272,766
351,298
(112,665)		 350,252
(77,486)
516,397
(103,403)		 574,165
(125,484)
£ 412,994 £ 448,681
394,638
5,140
13,216		 417,353
7,744
23,584
£ 412,994 £ 448,681

The accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to small companies.

Approved by the Directors and Trustees on 1 December 2023

and signed on their behalf by:

Lyndon Nicholson

Director and Trustee

The notes on pages 18 to 27 form part of these financial statements.

16

YORK STEINER SCHOOL LIMITED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2023

Note
22
Cash flow from investing activities:
Purchase of tangible fixed assets
Cash flow from financing activities:
Cash and cash equivalents at end of the year
Net cash provided by operating activities
Net cash used in investing activities
Net cash used in financing activities
Change in cash and cash equivalents in the
year
Cash and cash equivalents at beginning of the
year
Repayment of borrowings		 £
£
28,231
(7,897)
(7,897)
(22,081)
(22,081)
(1,747)
283,859
£ 282,112
2023		 £
£
28,231
(7,897)
(7,897)
(22,081)
(22,081)
(1,747)
283,859
£ 282,112
2023		 £
£
104,501
-
-
(18,831)
(18,831)
85,670
198,189
£ 283,859
2022		 £
£
104,501
-
-
(18,831)
(18,831)
85,670
198,189
£ 283,859
2022
(22,081) (18,831)
(1,747)
283,859		 85,670
198,189
£ 282,112 £ 283,859

The notes on pages 18 to 27 form part of these financial statements.

17

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

1 ACCOUNTING POLICIES

Legal entity

York Steiner School Limited ("the School") is regulated by the Charities Commission (511974), limited by guarantee and is registered in England and Wales. The Address of the registered office and principal place of business is York Steiner School, Danesmead, Fulford Cross, YORK, YO10 4PB.

In the event of the charity being wound up, the liability in respect of the guarantee is limited to £5 per member of the charity.

Basis of preparation

The Accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charites SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

The School meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going concern

The directors and trustees have a reasonable expectation that the School had adequate resources to continue in operational existence for the foreseeable future. The School has cash resources and long term finance provided by Triodos Bank. In assessing going concern they have assumed that the loan will continue to be repaid at the current levels for the foreseeable future. The Governors have prepared financial projections, taking into consideration the current economic climate and its potential impact on the sources of income and planned expenditure. They have a reasonable expectation that adequate financial resources are available to enable the School to continue in operational existence for the foreseeable future, and have adequate contingency plans in the event that income streams are reduced. Consequently the financial statements have been prepared on the basis that the School is a going concern.

Fees and other income

Parental contributions, charges for services and use of premises are accounted for in the period in which the service is provided.

Donations

Donations receivable for the general purpose of the School are credited to "unrestricted funds". Donations for purposes restricted by the wishes of the donor are taken to "restricted funds" where these wishes are legally binding on the Trustees.

Other trading activities

All other income is included in the Statement of Financial Activities (SOFA) when the School is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Expenditure and irrecoverable VAT

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Overheads and other costs not directly attributable to particular functional activity categories are apportioned over the relevant categories on the basis of management estimates of the amount attributable to that activity in the year, either by reference to staff time or space occupied, as appropriate. The irrecoverable element of VAT is included with the item of expense to which it relates.

Governance costs are costs associated with constitutional and statutory requirements. They include examination fees and estimated costs linked to the strategic management of the School. Support costs are those incurred directly in support of expenditure on the objects of the School.

Fixed asset investments

Investments are stated at cost or estimated value on acquisition as it is not possible to readily ascertain their market values.

Tangible fixed assets

Alteration and improvement expenditure on freehold property is treated as capital if it results in additional floor area for use of the School. Otherwise it is charged to revenue as maintenance of buildings.

18

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 CONTINUED

1 ACCOUNTING POLICIES (continued)

Depreciation

Depreciation is calculated to write off the cost of fixed assets over their expected useful lives. The rates used are as follows:

Freehold buildings 2% per annum straight line Fixtures, fittings and equipment 15% per annum reducing balance Leased assets straight line over the period of the lease Property improvements 2% per annum straight line Boiler and heating system 5% per annum straight line Computer equipment 25% per annum straight line

Operating leases

Rentals payable under operating leases are charged in the SOFA on a straight line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and net realisable value.

Debtors

Trade and other debtors are recognised at the settlement amont due after any trade dicount offered. Prepayments are valued at the amount prepaid net of any trade dicounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised where the School has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Funds Structure

Unrestricted funds are funds which can be used in accordance with the charitable objects at the discretion of the directors/trustees. Designations of unrestricted funds are made at the directors'/trustees' discretion in order to make allocations for anticipated future expenditure.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for a particular purpose.

Restricted funds are funds which are subject to specific trusts, either declared by the donor when making the donation or grant conditions, or accepted by the donor in responding to a specific appeal.

Pensions

Employees are entitled to join the School's auto enrolment pension scheme operated by NEST. The School's contributions made for the accounting period are treated as an expense and are restricted to the contributions disclosed in note 9. There were no outstanding contributions at the year end. The costs of the scheme are included within direct charitable expenditure: provision of education.

Financial instruments

The School only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

19

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 CONTINUED

2 TAXATION

As a registered charity, the School is exempt from the tax on income falling within sections 466 to 493 of the Corporation Tax Act 2010 to the extent that this is applied to its charitable objects. No tax charges have arisen in the School.

3 OPERATING SURPLUS 2023 2022
£ £
The income for the year is stated after charging:
Depreciation 31,532 31,158
Audit fees 8,400 7,800
Accountancy fees: statutory accounts production and taxation compliance 3,022 7,343
4 INCOME FROM CHARITABLE ACTIVITIES 2023 2022
£ £
Parental contributions £ 783,444 £ 669,900
Other income
Class trips, activities and workshops 25,782 25,804
Grants received 3,359 6,455
Early years' scheme from the City of York Council 60,833 41,244
Other income 54,980 25,152
£ 144,954 £ 98,655
5 INCOME FROM OTHER TRADING ACTIVITIES
Fundraising 35,686 96,135
Trading activities 34,484 30,739
Hire of school premises 87,395 75,053
£ 157,565 £ 201,927
6 INTEREST RECEIVABLE AND SIMILAR INCOME
Bank interest £ 3,677 £ 1,140
7 INTEREST PAYABLE AND SIMILAR CHARGES
Loan, lease and bank interest £ 14,357 £ 8,469

20

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 CONTINUED

8 ANALYSIS OF TOTAL EXPENDITURE

Staff
costs
£
Costs of raising funds
28,953
Charitable activities
820,648
£ 849,601
Unrestricted
funds
£
Costs of raising funds
Shop cost of sales
5,068
Café expenses
36,803
Fundraising and publicity
7,495
49,366
Charitable activities
Provision of education
Staff payments and expenses
707,324
Courses and conference costs
28,183
Educational materials
19,681
755,188
Support costs
Administrative salaries
95,063
Rates and water
1,105
Light and heat
29,534
Repairs and renewals
42,581
Insurance
27,236
Printing, stationery and postage
3,086
Class trips, activities and workshops
48
Telephone
1,811
Cleaning
24,455
Leasing
5,452
Bad and doubtful debts
4,906
Sundry expenses
16,057
Depreciation
31,532
282,866
Governance Costs
Audit and accountancy fees
11,422
S. W. S. F. payment
9,491
Interest and charges payable
14,357
Legal and professional fees
3,154
38,424
Cost of charitable activities
£ 1,076,478
Total Expenditure
£ 1,125,844		 Staff
costs
£
28,953
820,648		 Depreciation
£
-
31,532		 Other
costs
£
20,413
287,393		 Total
2023
£
49,366
1,139,573		 Total
2022
£
47,295
916,361
£ 849,601 £ 31,532 £ 307,806 £ 1,188,939 £ 963,656
Unrestricted
funds
£
5,068
36,803
7,495		 Designated
funds
£
-
-
-		 Restricted
funds
£
-
-
-		 Total
2023
£
5,068
36,803
7,495		 Total
2022
£
9,561
34,022
3,712
49,366 - - 49,366 47,295
707,324
28,183
19,681		 -
-
-		 18,261
728
508		 725,585
28,911
20,189		 526,595
49,824
8,321
755,188
95,063
1,105
29,534
42,581
27,236
3,086
48
1,811
24,455
5,452
4,906
16,057
31,532		 -
-
-
-
416
-
-
40,815
-
-
-
-
-
-		 19,497
-
-
-
2,367
-
-
-
-
-
-
-
-
-		 774,685
95,063
1,105
29,534
45,364
27,236
3,086
40,863
1,811
24,455
5,452
4,906
16,057
31,532		 584,740
99,021
13,280
27,289
29,728
21,719
1,935
34,732
1,776
14,040
3,569
6,511
9,944
31,158
282,866
11,422
9,491
14,357
3,154		 41,231
-
-
-
-		 2,367
-
-
-
-		 326,464
11,422
9,491
14,357
3,154		 294,702
15,143
9,521
8,469
3,711
38,424 - - 38,424 36,844
£ 41,231 £ 21,864 £ 1,139,573 £ 916,286
£ 1,125,844 £ 41,231 £ 21,864 £ 1,188,939 £ 963,581

In 2022, expenditure on charitable activities amounting to £29,614 related to designated funds and £450 related to restricted funds.

21

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 CONTINUED

9 STAFF COSTS

STAFF COSTS
Wages and salaries
Pension costs
Social security costs
The average number of employees during the year was as follows:
Provision of education
Administrative salaries		 2023
£
793,172
13,262
43,167		 2022
£
615,355
9,563
29,651
£ 849,601 £ 654,569
42
16		 41
12
58 53

No employee received remuneration and benefits in excess of £60,000 (2022 - none).

The key management personnel of the charity, comprise the Trustees, Administrator, Finance Manager, Education Manager and School Business Managers. The total employee benefits of the key management personnel of the charity were £114,581 (2022 - £104,495).

There is a long standing salary scale, which determines the starting salary of a new member of staff. Based on affordability, Trustees decide whether to apply an increment to this each year. Trustees will also decide on potential pay rises.

10 TANGIBLE FIXED ASSETS

ANGIBLE FIXED ASSETS
Fixtures, Freehold
Fittings and Land and Plant and
Equipment Buildings Machinery Total
£ £ £ £
Cost:
At 1 September 2022 466,863 349,276 14,028 830,167
Additions 7,897 - - 7,897
Disposals (250) - - (250)
At 31 August 2023 474,510 349,276 14,028 837,814
Depreciation:
At 1 September 2022 360,432 157,131 11,305 528,868
Charge for the year 23,001 6,926 1,605 31,532
Disposals (250) - - (250)
At 31 August 2023 383,183 164,057 12,910 560,150
Net book values:
31 August 2023 £ 91,327 £ 185,219 £ 1,118 £ 277,664
31 August 2022 £ 106,431 £ 192,145 £ 2,723 £ 301,299

Freehold land and buildings were valued at £1,450,000 in August 2006, by a firm of chartered surveyors.

22

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 CONTINUED

11 FIXED ASSET INVESTMENTS

On 19 December 1996 the School received a free distribution of Triodos Bank NV shares (a company based in the Netherlands) valued at £100. The fixed asset investment relates to unrestricted funds.

12
Trade debtors
Other debtors
Prepayments and accrued income
13
CREDITORS amounts falling due within one year
Bank loans and overdrafts
Trade creditors
Accruals
Taxation and social security
Other creditors
Deferred income
14
CREDITORS amounts falling due after one year
Bank loans
15
Borrowings
Repayable with 1 year
Repayable between 1 - 2 years
Repayable between 2 - 5 years
Repayable in 5 years and more
All creditors falling due within one year relate to unrestricted funds.
All debtors relate to unrestricted funds.
DEBTORS		 2023
£
43,919
4,848
15,494		 2022
£
41,357
2,453
17,148
£ 64,261 £ 60,958
2023
£
20,356
32,980
15,510
3,333
27,395
13,091		 2022
£
20,356
13,865
10,991
7,635
20,479
4,160
£ 112,665 £ 77,486
2023
£
103,403		 2022
£
125,484
20,356
20,492
62,348
20,563		 20,356
20,492
62,348
42,644
£ 123,759 £ 145,840

The bank loan is secured by first legal charge dated 15 May 2007 over freehold property known as York Steiner School, Danesmead, Fulford Cross, YORK, YO10 4PB.

The interest rates of the loans are 1.75% over the base rate and 2.5%.

All creditors falling due after one year relate to unrestricted funds.

23

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 CONTINUED

16 RESTRICTED FUNDS

Cultural fund
Flow form fund
Dragon boat race
Special needs
Anthroposophy education for adults
Fee assistance
Class 8 fund
Cultural fund
Flow form fund
Dragon boat race
Special needs
Anthroposophy education for adults
Fee assistance		 Balance at
1 Sept 22
£
500
953
6,928
3,211
195
11,797
-		 Income
£
-
-
-
80
-
10,733
683		 Expended
£
-
-
-
(2,367)
-
(19,497)
-		 Transfers
£
-
-
-
-
-
-
-		 Balance at
31 Aug 23
£
500
953
6,928
924
195
3,033
683
£ 23,584 £ 11,496 £ (21,864) £ - £ 13,216
Balance at
1 Sept 21
£
500
953
7,128
3,211
195
-		 Income
£
-
-
250
-
-
11,797		 Expended
£
-
-
(450)
-
-
-		 Transfers
£
-
-
-
-
-
-		 Balance at
31 Aug 22
£
500
953
6,928
3,211
195
11,797
£ 11,987 £ 12,047 £ (450) £ - £ 23,584

Cultural fund

The Cultural fund is in respect of donations received for the purpose of promoting cultural improvements in the pupils of the School.

Flow form fund

The Flow form fund is in respect of donations received to be used for the purpose of purchasing a "Flow Form" water sculpture for the School.

Dragon boat race

This relates to donations from the Rotary Club of York after their fundraising dragon boat race and are to be used for playground development.

Special needs

This is to provide educational assistance for children, over and above that which can be provided by the class teacher alone, and to provide practical assistance to enable access to education where deemed necessary.

Anthroposophy education for adults

Gathering fundings are for the purpose of anthroposophy-related adult education events at YSS (mainly the autumn/spring/summer gatherings), and all their attached costs (payment for content providers and their travel expenses, venue hire for summer gatherings, creche providers, craft materials, etc.). The mandate responsible for planning and costing these events is The Adult Learning Group at YSS (part of the Association).

Fee assistance

Monies donated for the provision of fee assistance for pupils.

Class 8 fund

Monies donated to pay for class 8 school trip.

24

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 CONTINUED

17 UNRESTRICTED FUNDS

Balance at
1 Sept 22
£
417,353
2,188
5,184
372		 Income
£
1,104,940
36,816
-
-		 Expended
£
(1,125,844)
(40,815)
(44)
(372)		 Transfers
£
(1,811)
1,811
-
-		 Balance at
31 Aug 23
£
394,638
-
5,140
-
7,744 36,816 (41,231) 1,811 5,140
£ 425,097 £ 1,141,756 £ (1,167,075) £ - £ 399,778
Balance at
1 Sept 21
£
372,292
5,260
5,329
372
90		 Income
£
978,653
26,307
-
-
-		 Expended
£
(933,592)
(29,469)
(145)
-
-		 Transfers
£
-
90
-
-
(90)		 Balance at
31 Aug 22
£
417,353
2,188
5,184
372
-
11,051 26,307 (29,614) - 7,744

The designated funds are funds set aside by the Trustees for the classes and departments to spend on future projects. The Trustees have reassessed the need for some of the designated funds and as a result have transferred funds from the general unrestricted reserve to respective designated funds.

18 OPERATING LEASE COMMITMENTS

As at 31 August 2022 the School had annual commitments under non-cancellable operating leases as follows:

Not later than one year
Later than one year and not later than five years		 2023
£
5,130
4,486		 2022
£
6,175
9,616
£ 9,616 £ 15,791

Lease payments are recognised as an expense in the Statement of Financial Activities.

25

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 CONTINUED

19 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible
fixed assets
£
277,664
-
-		 Investments
£
100
-
-		 Net current
assets
£
220,277
5,140
13,216		 Long
term
liabilities
£
(103,403)
-
-		 Total
2023
£
394,638
5,140
13,216
£ 277,664 £ 100 £ 238,633 £ (103,403) £ 412,994
Tangible
fixed assets
£
301,299
-
-		 Investments
£
100
-
-		 Net current
assets
£
241,438
7,744
23,584		 Long
term
liabilities
£
(125,484)
-
-		 Total
2022
£
417,353
7,744
23,584
£ 301,299 £ 100 £ 272,766 £ (125,484) £ 448,681

20 RELATED PARTIES

York Steiner School Limited made contributions to the Steiner Waldorf Schools Foundation of £9,491 (2022 - £9,521).

No expenses were reimbursed to members of the Board of Trustees during the year (2022 - £nil).

No remuneration was paid to any Board of Trustee member during the year (2022 - None).

At the year end a parent trustee owed £3,498.

There were no other related parties in the year.

21 COMPANY STATUS

The School is a company limited by guarantee. The members of the School are the members of the Board of Directors and Trustees named on page 4. In the event of the School being wound up the liability of the guarantee is limited to £5 per member of the School.

22 RECONCILIATION OF CASH FLOWS FROM OPERATING ACTIVITIES
Net (expenditure) / income for the year
Adjustments for:
Depreciation of tangible fixed assets
Decrease / (increase) in stocks
(Increase) / decrease in debtors
Increase / (decrease) in creditors
Net cash provided by operating activities
23 ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash at bank and in hand
Total cash and cash equivalents		 2023
£
(35,687)
31,532
510
(3,303)
35,179		 2022
£
53,351
31,158
(2,635)
31,121
(8,494)
£ 28,231 £ 104,501
2023
£
282,112		 2022
£
283,859
£ 282,112 £ 283,859

26

YORK STEINER SCHOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 CONTINUED

24 ANALYSIS OF CHANGES IN NET DEBT

Cash
Loans falling due within one year
Loans falling due after more than one year		 At
1 Sept 2022
Cash-flows
283,859
(1,747)
(20,356)
-
(125,484)
22,081
138,019
20,334		 At
31 Aug 2023
282,112
(20,356)
(103,403)
158,353

25 VOLUNTEERS

The School is lucky to be supported by volunteers. They primarily help in the preparation of meals in the Café and running the school shop to raise funds for class trips and in other fundraising activities. These include the York Dragon Boat Race, The St Crux Café, Craft and Book sales and other ad hoc activities.

Parents volunteer to organise and run the Advent and Spring fairs and help prepare the School through two hours of work per parent at the end of each year during work week. Parents also help by cleaning and tidying their children’s class room every weekend during term time.

26 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT

Unrestricted
Funds
£
32,340
669,900
73,440
201,833
1,140		 Designated
Funds
£
998
-
25,215
94
-		 Restricted
Funds
£
12,047
-
-
-
-		 Total
2022
£
45,385
669,900
98,655
201,927
1,140		 Total
2021
£
17,957
608,882
152,155
87,389
888
£ 978,653 £ 26,307 £ 12,047 £ 1,017,007 £ 867,271
47,295
886,297		 -
29,614		 -
450		 47,295
916,361		 39,176
963,034
£ 933,592 £ 29,614 £ 450 £ 963,656 £ 1,002,210
45,061 (3,307) 11,597 53,351 (134,939)
45,061
372,292		 (3,307)
11,051		 11,597
11,987		 53,351
395,330		 (134,939)
530,269

27

The following page does not form part of the statutory financial statements

YORK STEINER SCHOOL LIMITED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023

Income
Parental contributions
Class trips, activities and workshops
Grant income
Donations
Gift Aid provision
Fundraising
Early years' scheme
Parent and toddlers
Hire of school premises: courses
Interest received
Hire of school premises: business wing
Childcare provision
Sundry receipts
Café sales
Shop income
Expenditure
Staff payments and expenses
Fundraising costs
Courses and conference costs
Rates and water
Light and heat
Repairs and renewals
Insurance
Café purchases
Shop cost of sales
Printing, stationery and postage
Educational materials
Class trips, activities and workshop expenses
Loan interest
Telephone
Bank charges and interest
Cleaning
Operating leasing costs
S.W.S.F. payment
Examination, accountancy and payroll fees
Legal fees
Bad debts
Loss on sale of assets
Sundry expenses
(Deficit) / Surplus for the year before depreciation
Depreciation and impairment write offs
NET (DEFICIT) / SURPLUS FOR THE YEAR		 £
£
£
£
783,444
669,900
25,782
25,804
3,359
6,455
63,612
36,797
-
8,588
35,686
96,135
60,833
41,244
41,531
6,571
12,679
14,676
3,677
1,140
74,716
60,377
4,223
16,124
9,226
2,457
26,819
23,561
7,665
7,178
1,153,252
1,017,007
843,036
654,569
7,495
3,712
28,911
49,824
1,105
13,280
29,534
27,289
45,364
29,728
27,236
21,719
14,415
9,414
5,068
5,216
3,086
1,935
20,189
8,321
40,863
34,732
5,342
3,099
1,811
1,776
9,015
5,370
24,455
14,040
5,452
3,569
9,491
9,521
11,422
15,143
3,154
3,711
4,906
6,511
-
75
16,057
9,944
(1,157,407)
(932,498)
(4,155)
84,509
(31,532)
(31,158)
£ (35,687)
£ 53,351
2022
2023		 £
£
£
£
783,444
669,900
25,782
25,804
3,359
6,455
63,612
36,797
-
8,588
35,686
96,135
60,833
41,244
41,531
6,571
12,679
14,676
3,677
1,140
74,716
60,377
4,223
16,124
9,226
2,457
26,819
23,561
7,665
7,178
1,153,252
1,017,007
843,036
654,569
7,495
3,712
28,911
49,824
1,105
13,280
29,534
27,289
45,364
29,728
27,236
21,719
14,415
9,414
5,068
5,216
3,086
1,935
20,189
8,321
40,863
34,732
5,342
3,099
1,811
1,776
9,015
5,370
24,455
14,040
5,452
3,569
9,491
9,521
11,422
15,143
3,154
3,711
4,906
6,511
-
75
16,057
9,944
(1,157,407)
(932,498)
(4,155)
84,509
(31,532)
(31,158)
£ (35,687)
£ 53,351
2022
2023
1,017,007
(932,498)
84,509
(31,158)
£ 53,351