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2025-08-31-accounts

Company registration number 01675232 (England and Wales) Charity registration number 513534 (England and Wales)

LONGRIDGE TOWERS SCHOOL

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

LONGRIDGE TOWERS SCHOOL

LEGAL AND ADMINISTRATIVE INFORMATION

Governors Mrs P. J. Derries
Mr E. Roney
Dr J. Watson
Mrs I. Cheer (Chair of Governors)
Mr D E Armstrong (Appointed 18 October 2024)
Mr R Reay (Appointed 11 January 2025)
Mr S. M. Bankier (Appointed 4 December 2025)
Mr M. Ringland (Appointed 8 December 2025)
Secretary Mrs V. J. Bryson
Senior management Mr J. C. E. Lee Headmaster
Charity number 513534
Company number 01675232
Principal address Longridge Towers
Berwick-upon-Tweed
Northumberland
TD15 2XQ
Registered office Longridge Towers
Berwick-upon-Tweed
Northumberland
TD15 2XQ
Auditor Greaves West & Ayre
17 Walkergate
Berwick-upon-Tweed
Northumberland
TD15 1DJ
Bankers Barclays Bank P.L.C.
Solicitors Sanderson McCreath & Edney
4 Quay Walls
Berwick upon Tweed
TD15 1HD

LONGRIDGE TOWERS SCHOOL

CONTENTS

Page
Governors' report 1 - 12
Statement of Governors' responsibilities 13
Independent auditor's report 14 - 17
Statement of financial activities 18 - 19
Balance sheet 20
Statement of cash flows 21
Notes to the financial statements 22 - 36

LONGRIDGE TOWERS SCHOOL

GOVERNORS' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT)

FOR THE YEAR ENDED 31 AUGUST 2025

The Governors of Longridge Towers School (the "School") who are also directors for the purposes of the Companies Act present their report and accounts for the year ended 31 August 2025.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the School's governing document, the Companies Act 2006 and “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 (FRS 102) (effective 1 January 2019)”.

Objectives and Activities

The School's objects, as set out in the original Memorandum of Association of 1982 and as amended on 14 March 2011, are the advancement of education, including the provision of Boarding or Day schools for the education of children of either sex.

Public Benefit: Advancement of Education

The School is conscious that as a charity it has to meet its obligation and provide a public benefit and in this report the Governors have sought to highlight those activities undertaken by the School to further its charitable purposes for the public benefit. During recent years the School has continually monitored its policies with particular regard to the public benefit guidance published by the Charity Commission under section 17(5) of the Charities Act 2011.

The School's objects are: the advancement of education, including the provision of Boarding or Day schools for the education of children of either sex, and only activities relating to these objects have been taken into account when assessing the School's degree of compliance with the requirements to deliver public benefit.

Care has been taken to ensure that the opportunity to benefit is not unreasonably restricted and, in particular, that children who might not otherwise have the means to attend the School are not excluded. The School does this in a variety of ways and the most significant of these is the provision of assistance with the payment of fees to families whose financial circumstances mean that they cannot pay a full fee. In the financial year the School offered financial or hardship support to 29 pupils (2023/24 38 pupils) on a means-tested basis and to a further eight pupils (2023/24 eight pupils) from Holy Island.

The School continues to foster strong relationships with local schools in the maintained sector, aiming to collaborate where possible. This year we hosted number of successful events such as the Area Cross Country and Area Hockey competitions, making full use of the School’s sports facilities and grounds. These events not only promote healthy competition and physical activity but also strengthen our ties with local schools.

In addition to hosting these events, the School also facilitates the use of its premises for a range of community and educational activities. Local groups made use of our music room, sports hall, and outdoor spaces for orchestra rehearsals, sporting activities, and other events and rehearsals. We were pleased to provide access to these facilities, ensuring that our resources were put to good use for the benefit of local groups and individuals.

The School’s fleet of minibuses was made available to volunteers from the education and charity sectors, helping transport students and volunteers to and from events and school activities. This small but valuable service enables our local partners to carry out their work more efficiently.

Our collaboration with the Ogden Trust has continued this year, supporting local physics departments in schools and hosting an event as School. The Trust’s initiatives align with ours, enriching STEM education in the region, and we are proud to contribute to this important cause.

In the area of sports, we held a coaching camp for rugby and hockey, inviting local coaches and experienced international players to train and coach the children; demonstrating the strong interest in extracurricular activities and the quality of the coaching provided. This was in addition to our summer camps, which offered a variety of sports and activities. These were, again, very well-received, with high levels of engagement and positive feedback from both participants and their families.

LONGRIDGE TOWERS SCHOOL

GOVERNORS' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

Volunteers

The Longridge Towers School Development Association (LTSDA), a dedicated group of parents and supporters of the School, continue to play a vital role in supporting some of the School’s activities, particularly through social and fundraising efforts. This year, the LTSDA successfully organised a series of events including a quiz night, cricket match and raffle. These events were instrumental in raising funds for school projects, with a significant donation towards the new cricket field facilities. The LTSDA team were on site to support events such as the nativity play, sports days and the ever-popular Christmas fair, adding both energy and enthusiasm to these occasions. This year the LTSDA ran a new event at our May Day celebrations, with a pony who performed tricks for donations which was a great success.

A highlight of the year has been the formal opening of Mabel, the double-decker bus funded by the LTSDA. We celebrated with an author’s day on the bus, with children attending sessions and invited all our contributors and contractors to on board for the occasion. The official opening of Mabel took place in Autumn 2024, after which Mabel has become a weekly part of our timetable as a dedicated reading area and library for our pupils—a much-anticipated resource for enhancing literacy and learning.

The LTSDA's contributions are greatly appreciated by the Governors, Senior Leadership Team, and Staff, all of whom are grateful for the on-going support and enthusiasm of this voluntary group. The positive partnership between the LTSDA and the School continues to grow, and we are particularly grateful for the way we were supported by our LTSDA co-Chairs this year.

In addition to the work of the LTSDA, we have been fortunate to benefit from the support of a volunteer Junior Reader who has continued to support junior pupils with their reading on a weekly basis, providing invaluable oneon-one time with the children.

We are incredibly grateful to all the community members who give their time and expertise to support the School. Volunteers continue to make a lasting impact on both the day-to-day operations and the long-term development of the School, and we look forward to building on these partnerships in the coming year.

Strategic Report

The description under the headings "Achievements and Performance" and "Financial Review" meet the company law requirements for the Governors to present a strategic report.

LONGRIDGE TOWERS SCHOOL

GOVERNORS' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT)

FOR THE YEAR ENDED 31 AUGUST 2025

Achievements and Performance

Strategy

This year, we continued our Parent Engagement Evenings, designed to foster stronger collaboration and communication between the School and our parent community. One of the most well attended was about study skills, and how to help your young person study which proved very informative and helpful. We invited an external speaker to host workshops of the importance of online safety, running sessions with the pupils, staff and parents across the day and these again proved very popular.

The sessions also provided an opportunity to discuss a wide range of topics, from academic initiatives and extracurricular activities to school policies and future plans. We are grateful to all who attended and contributed to these discussions, and we look forward to continuing this important dialogue in the coming year.

Throughout the year, we have been actively reviewing and refining our school targets to ensure they align with our strategic vision and are directly linked to the success and achievement of our pupils. Our targets for the year focus on several key priorities that are central to the development of every student, including:

Academic Progression: Ensuring that all students make measurable progress across their subjects, with

particular attention to individual learning needs.

Literacy and Numeracy: Continuing to improve literacy and numeracy outcomes for all pupils, particularly in the

early years and throughout Key Stage 3.

Attendance: Striving for high levels of attendance, as we know that consistent school attendance is crucial to academic success and personal development.

Behaviour: Maintaining a positive school culture where behaviour is exemplary, ensuring all pupils have a conducive environment for learning and personal growth.

Destination: Supporting pupils in making informed choices for their future, whether that’s further education, apprenticeships, or employment, and ensuring they leave school well-prepared for their next steps.

These targets are not only key to the daily operations of the School but also align with our strategic themes. They directly contribute to our overarching goals of:

Sustainability: Embedding long-term strategies for the well-being and achievement of our pupils, ensuring that these targets remain relevant and effective for years to come.

Extending Partnerships: Building on our work with local schools, educational institutions, and the wider

community to offer enriched opportunities for our students.

Local Community: Strengthening our role as a valued community asset by ensuring that our targets reflect the

needs and aspirations of our local area.

We reviewed our progress against our strategic aims, taking into account both our successes and the areas where we can further develop. This ongoing process ensures that we remain focused on delivering the best outcomes for our pupils and continue to evolve in line with the needs of our school community and the wider educational landscape.

LONGRIDGE TOWERS SCHOOL

GOVERNORS' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

Summary

The School is grateful for the advice and support from Governors and is conscious that the guidance of those who volunteer to serve as Governors has been fundamental to the development and growth of the School. This year, we were pleased to welcome a number of new Governors who have seamlessly integrated into team. Their fresh perspectives and continued dedication have been invaluable in supporting the on-going development of the School.

The School community continues to work collaboratively, with a shared commitment to fostering an environment of support, growth, and achievement. We continue to have a low staff turnover; however each year are delighted to welcome a small number of new staff colleagues, all of whom have settled in well.

We believe that learning extends beyond the classroom, and this year we continued to offer a diverse range of educational trips designed to complement and enhance the curriculum. These trips not only reinforce classroom learning but also expose pupils to a broader and more diverse range of environments and experiences. Highlights of this year’s trips include visits to Newcastle Life Centre, Surgeons Hall in Edinburgh, as well as overseas destinations including Borneo and France.

Each year group and subject set has its own favourite memories from these trips, which play a significant role in expanding our pupils’ understanding of the world and enriching their educational journey. Our expedition to Borneo included some challenging activities such as climbing mountains, learning to scuba dive as well as engaging with a local remote population as they built shelters from locally sourced materials.

Our boarding provision continues well, with a steady number of pupils benefitting from both full and part-time boarding. This year, we were fortunate to welcome several small groups for short stays in the boarding house. Notably, a group of visiting pupils joined us for Chinese New Year, and we look forward to welcoming them again next year. During their stay, the pupils celebrated the occasion with a special dinner, joined by other boarders who enjoyed learning about the customs and traditions of a different culture. We also welcomed pupils from France and Spain who joined our classes effortlessly and certainly benefited from an immersive language experience.

Our flexi boarding options continue to be very popular, with several pupils staying most weeks to keep on top of their studies in exam years. We also host pupils who have weekly sporting commitments. Our partnership with Northumberland County Council and Holy Island continues from strength to strength, making a significant part of our boarding numbers alongside more flexible boarders. The boarding team takes great pride in the positive and supportive atmosphere they have created, and it is heartening to hear that many pupils describe our boarding experience as a ‘home from home’. Boarders enjoy a nurturing, supportive, and fun environment, with weekend activities and trips such as St Abbs, Edinburgh Dungeons, Cinema and Metro Centre. Local trips include being involved in Remembrance Day and Easter Sunday services.

Our student councils have been instrumental in driving school spirit, with many pupils offering suggestions for activities, engaging in fundraising efforts, and organizing popular events such as bake sales, dress down days, and junior discos. These activities foster a sense of community, responsibility, and leadership, and contribute to the vibrant school culture we continue to nurture. Throughout the year, we hosted a series of engaging and celebratory activities that brought the entire school community together. Highlights include Sports Days, STEM activities, the Snowball, Harvest Festival and Founders Day. Our guest speaker on Founders Day was a former pupil who generously shared his story of overcoming cancer, rowing the Atlantic and a career in the Army with our pupils, parents and dignitaries.

LONGRIDGE TOWERS SCHOOL

GOVERNORS' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

Financial Performance

After the ‘shock’ of the announcement regarding VAT, especially the timing part way through the school year, the change in National Insurance and the removal of Business Rates discounts for the sector we have certainly had a more challenging year financially. We managed our costs tightly, making some small but meaningful staff changes as well as budgetary controls, and this alongside steady pupil numbers means our financial position has been controlled. This has allowed the School to maintain a sustainable equity position.

Our budgets and forecasts have been significantly influenced by VAT concerns. In July the Government announced material financial changes impacting the independent school sector, particularly the application of VAT on fees. Our VAT registration was relatively smooth, and we quickly adapted our financial systems to accommodate the changes and ensured clear and transparent communications to parents at the same time. We are grateful to the support from advisory boards such as Independent Schools Bursary Association (ISBA), Society of Heads (SoH), as well as support from a VAT consultant to ensure we map out a viable and sustainable financial path forward.

We are grateful to have received generous bequests and donations throughout the year, which have been directed towards various projects, including bursaries, mental health support, sports, events and equipment. These donations are invaluable to our school and our pupils, and we sincerely appreciate the generosity of alumni, sponsors and families.

Educational Performance

Longridge Towers is a school where pupils are encouraged to fulfil and exceed their potential in academic, sporting, and extra-curricular spheres. The School's outstanding reputation is based upon its success in achieving this, whilst ensuring that its pupils are well-mannered, balanced individuals who will make major contributions to the communities in which they lead their future lives. This success is reflected in the excellent public examination results obtained by pupils.

We are pleased with our public examination results this summer; our pupils achieved commendable results, in particular our A-Level candidates who passed on average three A-Levels each compared to a national average of 2.5. Languages continue to be a subject with high achievement, including some top grades for some of our overseas pupils, including Russian and German.

Sixth Formers achieved a high pass rate at A level with an improved 73% of the grades being at A* to C, showing another improvement on the previous year. Our sixth formers have ambitious goals for their university choices and this year's leavers all achieved their first or second choice of destination, although one did wait for the new UCAS date. This continues the School's record of success in enabling its students to proceed to the next stage of their career. At GCSE, 94% of candidates achieved grade 4 or above at GCSE, which is much higher than national average of 70% and a further 4% improvement on our results in the previous year.

Classroom curriculum lessons have been enhanced by visiting speakers and workshops in art, poetry, music workshops including Ceilidh or folk dance. Our junior pupils enjoyed an author’s day as part of the Mabel bus opening. Pupils have participated in many sporting fixtures including rugby, hockey, football, netball, crosscountry and swimming galas. This year has seen many of the teams winning local and regional competitions which reflects the change in coaching and fixtures. We have worked to ensure our junior pupils had more sporting opportunities which they have enjoyed and have been involved in a number of tournaments. We continue to use the Jigsaw programme as our PSHE curriculum, and this has been enhanced with a number of assemblies and guest speakers, providing opportunities for intra-year discussion which has benefited pupils from Year 1 to Upper Sixth to support their pastoral and health education.

LONGRIDGE TOWERS SCHOOL

GOVERNORS' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

Early Years and junior pupils all partake in Forest School lessons each week, typically held in the woods, but also include beach excursions to broaden the outdoor learning experiences. This year also saw the exciting introduction of Beach School, a new initiative that has quickly become a highlight of our curriculum. Every class from Early Years to Year 6 enjoyed a half-term block of beach-based learning, taking full advantage of our unique coastal location. Beach School has provided pupils with hands-on opportunities to explore the natural environment, develop teamwork and problem-solving skills and deepen their understanding of subjects such as science, geography and art through real-world experiences. Beyond its academic benefits, Beach School has also promoted wellbeing, resilience and a sense of environmental responsibility—helping children to connect with nature, learn collaboratively and appreciate the rich coastal landscape on their doorstep.

This dovetails nicely with the opportunities offered to our KS3 pupils, who this year have started planning new areas for development in the Outdoor Learning camp in the woods, focussing on foraging and cooking. They have continued focus on ecology around the school site, maintaining areas for birds, hedgehogs and other woodland creatures. We have planted a further 1,000 trees on site this year to provide safer areas for birds to find food and shelter, bringing our tree plant count to over 5,000 in five years with help from the Woodland Trust.

During the year, our pupils continue with their philanthropic ‘services’, fundraising for their chosen house charities. The junior captains arrange fundraising throughout the year by running events such as on Children in Need. The senior Houses set themselves a goal to raise over £5,000 which meant more events and activities, and this was achieved, with the Ceilidh being a very memorable occasion.

Extra-Curricular Activities

Our enrichment programme continues to be diverse and popular with pupils enjoying activities every day after the end of their timetabled lessons. Many pupils opt for sporting activities, and the opportunity to be involved for more physical activity each afternoon. Others immerse themselves in the arts, with music, drama and art proving to be popular choices. This year children also opted to take some specialist revision courses, particularly for exam year groups. Our junior pupils enjoyed Cross country running, dancing, dance fit, as well as cookery in the new kitchen area. Pupils have also embraced the Science Crest Awards, engaging in investigative and creative science projects that extend their learning in exciting and practical ways. These activities have played a key role in fostering curiosity, teamwork and a love of lifelong learning.

The Duke of Edinburgh Award continues to be popular, with over twenty pupils completing their Bronze award this year, having partaken in expeditions throughout the region, along with numerous opportunities for service and volunteering. There are now pupils taking both the Silver and Gold Awards which involve a lot more selfdirected activity. A wide range of dramatic and musical events took place including a school production of ‘Addams Family’ and junior show of ‘Wizard of Oz’. As always the Early Years Nativity brought a tear, a smile and warmth to the audience in the Chapel.

The AGM this year was focussed on hearing from some of our pupils, with the new School Captains both giving excellent presentations on their school journey at Longridge. All present gained insight into the history of the school during the war and how the school was set up in the early days and we were delighted to welcome a cross-section of former pupils, staff and governors to join us in this important milestone.

Caring for our People

At Longridge our staff are vitally important to our success as a school, and they make all the difference in the way we support and educate our pupils. Our staff retention remains very high, but we did see a small but meaningful change in a few staffing as well as governance roles.

Mr Tom Bramald enjoyed a second year as Chair of Governors, and met several times with staff colleagues, parents and pupils on a variety of subjects. Mr Bramald and Mr Lee were keen to set up a series of parent engagement meetings which were held on subjects such as phones in school, AI safety, and how to help your child study.

Sadly, Mr Bramald will not be continuing with the role, having served ten years as a Governor at school. We look forward to welcoming Mrs Isabel Cheer as our new Chair of Governors in the next school year and would like to thank Tom for his time and dedication.

LONGRIDGE TOWERS SCHOOL

GOVERNORS' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT)

FOR THE YEAR ENDED 31 AUGUST 2025

School Development, Compliance and Monitoring

In 2022, we adopted an updated School Development Plan following a consultation period with all staff. We continue to review and refine the plan in collaboration with the Governors as part of the Education, Teaching, and Learning Committee.

We have made steady progress toward the objectives outlined in our School Development Plan, noting many improvements as we focus on key strategic areas such as staff training, numeracy, literacy, and the use of data to inform decision-making. The Plan, which covers the period from 2021 to 2025, is centred on our School Motto, Values, Objectives, Purpose, and our School Ethos. These elements have been updated to ensure they are more memorable and relevant to our school community. A report summarising the impact of the work completed as part of the plan has been written and shared with governors and staff.

Throughout the year we spend time considering our School Values with the pupils, ensuring that pupils know and understand why these values are important to all at school and how we developed them into CARPE as part of our Motto. Our vision remains ‘Longridge is a School where everyone can excel. We provide a holistic education where our pupils can fulfil their potential, as confident, independent, and life-long learners.’ We encourage our community to demonstrate specific values:

Care – looking after ourselves, and others

Achieve – attaining successful outcomes

Respect – showing due regard for ourselves, for others and for our environment.

Persevere – keeping going when challenged in school, or in life

Excel – being the best we can be at all times

In December 2023, our J6 pupils created the following acrostics to articulate these values in a way that was meaningful to them and we continue to use these today in class:

Care – Consideration for others; Accompany people when they are lonely, Respect other people, Equal rights for everybody

Achieve – Always Challenge yourself Highly In Everything Voluntarily with great Endeavour

Respect – Responsibility, Education, Safety, Patience, Encouraging friends, Careful play, Tolerate everyone

Persevere – Patience, Education, Rapidly improve, Scientist eventually, Endeavour, Very hard-working, Excellence, Reaching high, Excel

Excel – Excel is Xcellent Continuation of hard work Endless commitment Leaving you with high achievement and satisfaction.

We are seeing continuous improvements as we work on achieving our objectives and milestones within the Development Plan, such as an increase in numeracy skills, higher satisfaction rates, more personalised pupil support and reporting.

Compliance and Monitoring

Throughout the year we have a number of compliance visits, from Food Safety, Legionella testing or a visit from the local fire inspector. We are pleased that we have received excellent positive feedback from the visitors this year and strive to maintain our high standards.

LONGRIDGE TOWERS SCHOOL

GOVERNORS' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT)

FOR THE YEAR ENDED 31 AUGUST 2025

Financial Review

Summary

The surplus before depreciation was £2,368 (2024 surplus £222,830) and there was a loss for the year of £97,602 (2024 surplus £129,100).

The school roll, which is the essential driver in our school financial performance, has decreased compared to previous years, mainly due to the change in affordability, but also partially relating to the changes in the local school system changing from three tier to two tier, meaning pupils changing their enrolment patterns. To offset lower income, we ensured we were able to control our costs well, investing in improvements where possible but also maintaining a prudent approach. The impact of VAT and National Insurance changes has been a cost to the school as well as to our parents.

Our site development has continued with a clear focus on improving the site, in particular areas for our Outdoor Learning for senior and junior pupils. With financial help from LTSDA we installed a new cricket strip and practice nets which have both been popular and helped improve our cricket playing. The kitchen developed in Stobo has been a success with the pupils, with classes enjoying weekly cooking as part of enrichment activities.

Over the summer, we undertook several IT projects, the main one being the rollout and installation of replacement PCs to maintain security with new Windows installations. We also implemented Multi-FactorAuthentication across more of the software we use in school which will help ensure our systems are safe.

We have continued to support many families through our bursary and scholarship programmes and have received several requests for hardship assistance from existing families. It has been notable since VAT was applied that more families are finding the increase in fees a stretch, impacting upon other activities for the children. While our bursary fund is limited, we have been able to offer financial support to ensure that pupils experiencing financial changes are able to remain at the school.

Our scholarship programme has also evolved, with scholars meeting more regularly to take on shared responsibilities and engage in various opportunities. This includes shared lunches and activities that foster a sense of community and collaboration.

The overdraft position at the year-end was £nil (2024: £nil).

Reserves

The total funds held by the School at the year end is £4,653,186 (2024: £4,750,788). The Governors reviewed the structure of Reserves in 2008 and, having considered the income and expenditure streams, they split them into four funds:

Science Facilities (note 20): this fund has been credited with the donations made during previous years. This fund is being expended on refurbishment of the Science facilities, such as the laboratory renovation over the summer. The Science Facilities Fund balance at the year-end is £2,069 (2024: £6,684).

Major Repairs Fund (note 21): in 2008 the Governors identified that several aspects of the main building would require substantial expenditure. This progressing at a steady pace to ensure that the fabric of the building is maintained at a satisfactory level. The Major Repairs Fund balance at the year-end is £61,995 (2024: £61,995).

Bursary Fund (note 21): it is still apparent to Governors that the current financial issues affecting the United Kingdom may well impact on the School and they have therefore created a small reserve for those existing parents facing financial hardship. The Bursary Fund balance at the year end is £nil (2024: £nil).

Longridge Towers School Development Association (LTSDA) and 100 Club Fund (note 21): this fund has been created to raise funds for the enrichment of the education opportunities for the pupils and to organise social events for pupils, past pupils, parents and their families. The LTSDA and 100 Club fund balance at the year-end is £3,689 (2024: £nil).

LONGRIDGE TOWERS SCHOOL

GOVERNORS' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT)

FOR THE YEAR ENDED 31 AUGUST 2025

General Fund: the main balance of reserves is held in the General Fund. The Board of Governors review this on an annual basis taking into consideration the inherent risk associated with running an independent school. The Board always considers the wider economic environment and the potential impact that this can have on the results for the year. The balance of funds is reviewed taking into consideration operational and financial plans for the year to ensure that the School has sufficient funding to meet the objectives on an on-going basis. The General Fund balance at the year end is £4,585,433 (2024: £4,682,109), which can only be realised by disposal of fixed assets.

Risk Management

We continue to closely monitor and mitigate risks through a comprehensive approach, which includes the identification, assessment, and control of risks throughout the year. Our risk management controls include:

Through these risk management processes; the Governors are satisfied that the major risks identified have been mitigated where possible. However, it is recognised that while these systems provide reasonable assurance, they cannot offer absolute certainty that all risks have been fully managed.

Risks and Future Uncertainty

For the past five years, we have seen improvements in both our financial and educational performance. The stabilisation of our school roll has enabled us to balance staffing needs effectively and we will ensure this is the case with a reduced pupil roll. While we remain highly dependent on our school roll, our financial performance is also significantly influenced by strategic decisions regarding spending and staffing.

As a sector, independent schools are vulnerable to changes in government policy, and we regularly plan for and review various financial scenarios. For the year ahead, we have based our planning on a conservative school roll, and the resulting budget adjustments.

We recognise that uncertainties remain for our pupils, their families, and the school itself, given the on-going changes within the sector. However, our strong performance in recent years has allowed us to build reserves, which will help mitigate some of these uncertainties.

Our focus remains on supporting our pupils and staff, improving academic outcomes, all while maintaining a prudent approach to financial management to ensure the continued sustainability of the School.

LONGRIDGE TOWERS SCHOOL

GOVERNORS' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

Structure, Governance and Management

Summary

The charitable company is a company limited by guarantee and has no share capital.

Longridge Towers School was incorporated on 2 November 1982 and is governed by its Memorandum and Articles of Association. The company is limited by guarantee and has no share capital. The company registered as a charity on 28 February 1983.

The School's objects, as set out in its Articles of Association are the advancement of education, including the provision of boarding or day schools for the education of children of either or both sexes.

The Governors, who are also the directors for the purpose of company law, and who served during the year were:

Mr. T.M.Bramald 3, 4 (Resigned: 10/10/2025 )
Mrs. A. R. Marshall 1, 2, 5, 8 (Resigned: 31/12/2025 )
Mrs. P.J. Derries 4, 10
Mrs. S. Dunford 3, 4, 6 (Resigned: 28/01/2025 )
Dr. J. Watson 1, 6, 7, 9
Mr P Evans 2, 6 (Resigned: 14/10/2025)
Mrs I. Cheer 1, 11, 12
Mr E. Roney 1, 11
Mr R Reay 1, 12 (Appointed: 11/01/2025)
Mrs C Targonski 1, 6 (Resigned: 31/08/2025)
Mr D Armstrong 2, 5 (Appointed: 18/10/2024)

Positions held as at 31 August 2025.

  1. indicates those Governors who serve on the Audit and Risk Committee;

  2. indicates those Governors who serve on the Finance and Estates Committee;

  3. indicates those Governors who serve on the Marketing, Communication and Development Committee;

  4. indicates those Governors who serve on the Education, Teaching and Learning Committee;

  5. indicates those Governors who are parents of former pupils at the School;

  6. indicates those Governors who are parents of pupils at the School;

  7. indicates those Governors with joint responsibility for Safeguarding;

  8. indicates the Governor with responsibility for Health and Safety;

  9. indicates those Governors with joint responsibility for Boarding;

  10. indicates the Governor with responsibility for SEND;

  11. indicates those Governors who serve on the Nominations Committee;

  12. indicates the Governor with responsibility for EDI;

  13. 10 -

LONGRIDGE TOWERS SCHOOL

GOVERNORS' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

Appointment of Governors

Governors are selected by reference to specialist skills, personal competence, knowledge of the School, and local availability. Their appointment is confirmed by the members in general. In December 2016, Governors established a Nominations Committee for the purpose of recruiting and appointing Governors.

New Governors are given an induction and training when they are appointed. Existing Governors are also given on-going training to ensure they have the detailed knowledge to carry out their duties.

Organisational Management

The Board of Governors, as the charity trustees of the School, are legally responsible for the overall management and control of the School and meet at least three times a year. The structure for the sub committees was updated and there are now four sub committees reporting to the main Board. All Committees have updated Terms of Reference, and we have welcomed a number of new Governors to work with our existing members.

The Finance and Estates Committee is responsible for reviewing all financial matters and considering all material matters around the long-term upkeep and development of the site, taking heed of the constraints that apply to the main house, which is a listed building.

The Audit and Risk Committee regularly reviews the Risk Registers of the School and ensures that matters such as Safeguarding, Emergency Planning and Health and Safety are monitored and updated in line with legislation and best practice.

The Education, Teaching and Learning Committee consider all matters relating to pupil and teacher achievement including examination results and staffing.

While the Governors set out the general policies and strategy of the School, the day-to-day running is delegated to the Headmaster and the Finance Director, supported by the Senior Leadership Team (SLT). The Headmaster and Finance Director attend all meetings of the Committees whilst the other members of SLT attend all the meetings of the main Board. The SLT comprises: the Head, Deputy Head, Head of Junior Department, Designated Safeguarding Lead and Finance Director (Bursar).

Pay and Remuneration Policy for Senior Staff

The pay of all teaching and support staff is guided by the School’s current pay scales. We have a Joint Negotiating Committee (JNC) in place with the National Education Union (NEU) to consider pay, hours and holidays for our teachers and Teaching Assistants, excluding SLT members.

Investments Powers

These are governed by the Articles of Association, which permit investments in any security or property as allowed by Law and by the Charity Commission.

Thank You

We thank each and every volunteer, pupil, parent, carer, staff colleague, Governor and others who have provided support and encouragement throughout the year, and we are thankful that the Longridge Community continues to be such a caring, supportive, and collaborative network, and an important part of the local and wider community in the region.

LONGRIDGE TOWERS SCHOOL GOVERNORS. REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 AUGUST 2025 uditor In accordance with the compan￿5 avticles, a le50￿tion pioposlng that Greaves Wesl & Ayre be reappointed as auditDr of the company will be wt al a Gener81 Meeling. The Gov&mors' rnport, induding the strategic report, was approved by the Board of Governors. MIS l. Ch Govemor Dalgd.. 30 er (Chalr of Governors) ..J.o&l.l£ 12-

LONGRIDGE TOWERS SCHOOL

STATEMENT OF GOVERNORS' RESPONSIBILITIES

FOR THE YEAR ENDED 31 AUGUST 2025

The Governors, who are also the directors of Longridge Towers School for the purpose of company law, are responsible for preparing the Governors' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Governors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the Governors are required to:

The Governors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and 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.

In so far as the trustees are aware:

LONGRIDGE TOWERS SCHOOL

INDEPENDENT AUDITOR'S REPORT

TO THE GOVERNORS OF LONGRIDGE TOWERS SCHOOL

Opinion

We have audited the financial statements of Longridge Towers School (the ‘charitable company’) for the year ended 31 August 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including 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 Standard 102 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 the provisions available for small entities, in the circumstances set out in note 27 to the financial statements, 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 Governors' 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 Governors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Governors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. 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 course of 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.

LONGRIDGE TOWERS SCHOOL

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE GOVERNORS OF LONGRIDGE TOWERS SCHOOL

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of Governors

As explained more fully in the statement of Governors' responsibilities, the Governors, who are also the directors of the charitable company for the purpose 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 Governors 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 Governors 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 Governors either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

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.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

LONGRIDGE TOWERS SCHOOL

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE GOVERNORS OF LONGRIDGE TOWERS SCHOOL

The extent to which the audit was considered capable of detecting irregularities, including fraud

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We assessed the susceptibility of the charity’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, including any fraud associated with revenue recognition, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the governors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

The laws and regulations which are considered to be significant to the entity relate to the safeguarding of pupils and health and safety. Discussions are held with management to determine whether any breaches have occurred as well as legal expenditure being scrutinised for any evidence on non-compliance. We also review any inspections of the school which have been carried out during the year.

LONGRIDGE TOWERS SCHOOL INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE GOVERNORS OF LONGRIDGE TOWERS SCHOOL The audit was considereil Capab￿ of 1tlentfy￿9 irregulaiities onty to the extent of the subslantive testing perfomed and from discussions with managefflent. A8 part of an audit in accordance with ISAS (UK), we ex8rc4se yoknional judgement and rnainlain protessional sceptictsm throughout th& audrt. A futher description of our respon$ibililies the aLKIrt of the xcounts Os kxat&J on the FSnancAal Reportlng Counal's website 81: http..1fvh￿.frC.o19.uk1aUd1tQrs￿spOns￿ll1tias. This de￿ption form$ part of our auditors report. Th18 report Is made solety to the charTty's trustoes, as a body. in a¢xx)rdan¢e with seabon 144 of the Charltles A¢ 2011 and regulat￿nS made undei sec'on 154 of that Act. ()Jr audit work has bwi undertaken so that we might state to the tharity's trust8¢s those matt8($ we are required to stale to them in an auditors, report and for no other purpose. To the fullest extent permitted by law. we do not awjl or assume rèsponslbilty to anyonè othèr than the charity and ils trustees as a body. for our aLwJil work. for this report. or lor the OP#11￿$ w& have fomi8d. 8tuartA Iltsr CA IS•nlor Ststutory Audltort For and on behalf ol Greavos 1kn1 & Ayre. Statlrtory Audmor Chartered A¢￿un￿nI$ 17 Walkergale B8rwick-upon-Twead Northvmbèrland TD15 1DJ Greaves Wesl & Ayre is eligible lor appointment as auditor of the charitsble Company by vlrtue of 118 81iglblllty for appoinkngnl a8 auditor ol a conyny undfjr sg(alon 1212 of the Cwpanie8Act 20￿. 17-

LONGRIDGE TOWERS SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2025

Current financial year
Unrestricted
Unrestricted
Restricted
funds
funds
funds
general
designated
2025
2025
2025
Notes
£
£
£
Income and endowments from:
Donations and legacies
3
70,203
600
-
Charitable activities
4
4,970,471
(273,277)
-
Other trading activities
5
-
10,816
-
Investments
6
15,836
-
-
Other income
7
15,427
64
-
Total income
5,071,937
(261,797)
-
Expenditure on:
Raising funds
8
-
2,262
-
Charitable activities
9
4,891,630
9,235
4,615
Total expenditure
4,891,630
11,497
4,615
Net income/(expenditure)
180,307
(273,294)
(4,615)
Transfers between funds
(276,983)
276,983
-
Net movement in funds
11
(96,676)
3,689
(4,615)
Reconciliation of funds:
Fund balances at 1 September 2024
4,682,109
61,995
6,684
Fund balances at 31 August 2025
4,585,433
65,684
2,069		 Total
2025
£
70,803
4,697,194
10,816
15,836
15,491
4,810,140
2,262
4,905,480
4,907,742
(97,602)
-
(97,602)
4,750,788
4,653,186		 Total
2024
£
26,854
4,922,420
-
16,489
-
4,965,763
-
4,836,663
4,836,663
129,100
-
129,100
4,621,688
4,750,788

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

LONGRIDGE TOWERS SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2025

Prior financial year
Unrestricted
Unrestricted
Restricted
funds
funds
funds
general
designated
2024
2024
2024
Notes
£
£
£
Income and endowments from:
Donations and legacies
3
26,854
-
-
Charitable activities
4
5,287,784
(365,364)
-
Investments
6
16,489
-
-
Total income
5,331,127
(365,364)
-
Expenditure on:
Charitable activities
9
4,833,193
-
3,470
Total expenditure
4,833,193
-
3,470
Net income/(expenditure)
497,934
(365,364)
(3,470)
Transfers between funds
(365,364)
365,364
-
Net movement in funds
11
132,570
-
(3,470)
Reconciliation of funds:
Fund balances at 1 September 2023
4,549,539
61,995
10,154
Fund balances at 31 August 2024
4,682,109
61,995
6,684		 Total
2024
£
26,854
4,922,420
16,489
4,965,763
4,836,663
4,836,663
129,100
-
129,100
4,621,688
4,750,788

LONGRIDGE TOWERS SCHOOL BALANCE SHEET ASAT31 AUGUST2025 2025 2024 Notes Flxed assets Tangible assets 15 4,917,077 4.973,582 CurrÈnt assets Stocks Debtors C88h at bank and in hand 16 17 10.583 259.363 514,875 10,937 220.560 1,083,451 784,821 1,314,94e Credltors". amounts falllng due wlthln one year 18 11.048.712) (1,537,742) Net current Ilablllt￿s (263,8911 (222,794) Total assets less current liabllltles 4,653.186 4,750,768 Tho fuMIs of the charltabl8 company Reslricled incorna funds UnTestrFcted funds- general Unresfri¢t&d funds- revaluallon Unrestricted funds- designated 20 2.069 760.704 3,824,729 65,684 6,684 857,380 3,824,729 61,995 21 4,653,186 4,750,788 The company is ent511ed lo the exempllon from the audll r8quiremenl contained In sectlon 477 of the Companles Act 2006, for the year ended 31 August 2025. although an audit hos been carriefl out under section 144 of the Charities Ac12011. The directors acknowledge their responslbi1Stles for Com￿Y1ng wth the requirements of the Companies Act 2006 w&th respecl to accountlng rÈcard2 and the preparation of finandal slalemenls. The members have nol required the ¢ompany to oblaln an audll of Its Inanclal statements under the requlrements of Ihe Companies Act 2006, for the year in question in accordance with section 476. Thèse financi81 s13lemenls have been prepared In accordance with the provisions applicable lo comp8nies subject lo the small companies reglme. The ftnanaal statements wwe approved by the Govemors un ......... .... Mrs l. Cheer (Chair of Governors) Govemor Mr M. Rlngland Goveinor -20-

LONGRIDGE TOWERS SCHOOL

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025

Notes
Cash flows from operating activities
Cash (absorbed by)/generated from
operations
25
Investing activities
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed
assets
Investment income received
Net cash used in investing activities
Net cash generated from financing activities
Net (decrease)/increase in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
£
(537,317)
(48,162)
1,067
15,836
(31,259)
-
(568,576)
1,083,451
514,875		 2024
£
£
827,579
(242,397)
-
16,489
(225,908)
-
601,671
481,780
1,083,451

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

Charity information

Longridge Towers School is a private company limited by guarantee incorporated in England and Wales. The registered office is Longridge Towers, Berwick-upon-Tweed, Northumberland, TD15 2XQ.

1.1 Accounting convention

The accounts have been prepared in accordance with the charitable company's governing document, the Companies Act 2006 and “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 (FRS 102)” (effective 1 January 2019). The charitable company is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

The Governors have reviewed the current financial position and the forecasts for both the current and the next financial year. Their view is that as the School had adequate resources and with the continued support of its bankers it can continue to operate on the existing basis for the foreseeable future. Accordingly they have continued to adopt the going concern basis in preparing their annual report and accounts.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Governors in furtherance of their charitable objectives unless the funds have been designated for other purposes.

Designated funds comprise funds which have been set aside at the discretion of the Governors for specific purposes. The purposes and uses of the designated funds are set out in the notes to the accounts.

Bursary Fund

This fund has been set up so that the allocation of funding from net fee income to enable pupils to enter the School who could not otherwise afford the fees can be readily identified and monitored.

Bursaries are also available to those existing parents facing financial hardship who could not otherwise continue to keep their child at the School.

Major Repairs Fund

The Governors have identified that a number of aspects of the main building will require substantial expenditure in the near future.

Longridge Towers School Development Association (LTDSA) and 100 Club Fund

This fund has been created to raise funds for the enrichment of the education opportunities for the pupils and to organise social events for pupils, past pupils, parents and families.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.

Science Facilities

This fund has been credited with the donations made during the previous years. This fund is being expended on refurbishment of the Science facilities.

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(Continued)

1.4 Incoming resources

Income is recognised when the charitable company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. This is stated after discounts, other sales taxes and net of VAT, from January 2025 when the charitable company became VAT registered.

Cash donations are recognised on receipt. Other donations are recognised once the charitable company has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charitable company has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

All grants are used for charitable expenditure and capital items, and are recognised in full in the year in which they are receivable.

Fees received in advance are held on behalf of parents and are only taken to the income and expenditure account when utilised in payment of School fees.

Acceptance deposits are payable when a pupil accepts a place at the School and are refundable when the pupil leaves the School. These deposits are considered to be returnable to the parents less any monies owed to the School and thus are not treated as income in the accounts of the School.

1.5 Resources expended

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Expenditure is allocated to the specific expenses heading to which it relates and is recognised on an accruals basis.

1.6 Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation.

Expenditure of less than £1,000 on the replacement or improvement of tangible fixed assets is written off as incurred, except where the item of expenditure can be identified as original capital.

Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Freehold land and buildings Nil Fixtures, fittings & equipment 10% - 25% Straight line Motor vehicles 25% Straight line

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(Continued)

Donated assets are capitalised at their estimated value at the time of receipt of the gift. These assets are then fully depreciated in the year of the gift.

Although the accounting standards and Companies Act requires depreciation of fixed assets, the freehold buildings are not depreciated. The Governors believe that a departure from the requirements of the standards is appropriate in order for the accounts to give a true and fair view. In the opinion of the Governors the freehold buildings are maintained in such a state of repair that their residual value is at least equal to their net book value.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Impairment of fixed assets

At each reporting end date, the charitable company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Stocks

Stock is valued at the lower of cost and net realisable value.

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10 Financial instruments

The charitable company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charitable company’s contractual obligations expire or are discharged or cancelled.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charitable company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13 Transfers

Transfers between the funds are discussed and approved by the Governors.

The £276,983 (2024: £365,364) transfer from the Unrestricted Fund to the Designated Fund has been carried out in order to match bursary allowances awarded by the School during the academic year.

1.14 Retirement benefits

The School participated in the Teachers’ Pension Scheme up until 31 December 2019 for its teaching staff. From January 2020 payments have been made to defined contribution retirement benefit schemes and are charged as an expense within the financial statements as they fall due.

2 Critical accounting estimates and judgements

In the application of the charitable company’s accounting policies, the Governors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

3 Income from donations and legacies

Unrestricted Unrestricted
funds
funds
general designated
2025
2025
£
£
Donations and gifts
20,203
600
Legacies
50,000
-
70,203
600
4
Charitable activities		 Total
Unrestricted Unrestricted
funds
funds
general designated
2025
2024
2024
£
£
£
20,803
26,854
-
50,000
-
-
70,803
26,854
-		 Total
2024
£
26,854
-
26,854
Unrestricted
Funds
2025
£
Tuition fees
4,462,905
School meals
140,064
Boarding
199,037
School bus
287,067
Hire of school facilities
1,415
Registration
4,317
Sundry income
55,764
Trip income
199,918
Less: Bursaries
(653,293)
4,697,194
Analysis by fund
Unrestricted funds - general
4,970,471
Unrestricted funds - designated
(273,277)
4,697,194		 Total 2024
£
4,850,371
144,294
192,120
308,998
980
5,401
15,528
243,882
(839,154)
4,922,420
5,287,784
(365,364)
4,922,420

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

5 Income from other trading activities

Unrestricted Unrestricted
funds funds
designated designated
2025 2024
£ £
Membership subscriptions and sponsorships 2,378 -
Fundraising events 8,438 -
Other trading activities 10,816 -

6 Income from investments

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest receivable 15,836 16,489

7 Other income

Unrestricted Unrestricted Unrestricted
funds
funds
funds
general
general
2025
2025
2025
£
£
£
Net gain on disposal of tangible fixed assets
1,067
-
1,067
Other income
14,360
64
14,424
15,427
64
15,491		 Total
2024
£
-
-
-

8 Expenditure on raising funds

Unrestricted Unrestricted
funds funds
designated designated
2025 2024
£ £
Fundraising and publicity
Membership schemes and social lotteries 1,100 -
Staging fundraising events 1,049 -
Other fundraising costs 113 -
2,262 -

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

9 Expenditure on charitable activities

Education
Catering Boarding &
Property
2025
2025
2025
£
£
£
Direct costs
Staff costs
2,571,561
133,484
159,727
Depreciation and
impairment
56,295
-
4,615
Teaching resources
96,189
-
-
Repairs and cleaning
-
1,884
106,857
Heat and light
-
3,078
103,352
Food costs
-
115,228
-
Motor expenses
-
-
-
Rates and insurances
-
-
121,609
School bus service costs
-
-
-
General admin
64,486
-
18,813
Postage, stationery,
advertising and telephone
-
-
-
Bank charges and interest
-
-
-
Staff recruitment costs
-
-
-
Subscriptions
-
-
-
Bad debts
-
-
-
Cost of trips
216,469
-
-
3,005,000
253,674
514,973
Share of support and governance costs (see note 10)
Governance
20,094
-
16,255
3,025,094
253,674
531,228
Analysis by fund
Unrestricted funds -
general
3,015,859
253,674
526,613
Unrestricted funds -
designated
9,235
-
-
Restricted funds
-
-
4,615
3,025,094
253,674
531,228		 Transport
General
Admin &
Overheads
2025
2025
£
£
340,150
390,583
34,430
-
-
-
-
2,140
-
-
-
-
22,253
-
-
-
169,075
-
-
38,133
-
69,166
-
6,901
-
2,114
-
23,094
-
(2,895)
-
-
565,908
529,236
-
340
565,908
529,576
565,908
529,576
-
-
-
-
565,908
529,576		 Total
2025
£
3,595,505
95,340
96,189
110,881
106,430
115,228
22,253
121,609
169,075
121,432
69,166
6,901
2,114
23,094
(2,895)
216,469
4,868,791
36,689
4,905,480
4,891,630
9,235
4,615
4,905,480

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

9
Expenditure on charitable activities
Previous year:
Education
Catering Boarding &
Property
2024
2024
2024
£
£
£
Direct costs
Staff costs
2,458,999
118,716
157,908
Depreciation and
impairment
54,331
-
3,470
Teaching resources
98,868
-
-
Repairs and cleaning
-
6,350
128,550
Heat and light
-
3,451
148,071
Food costs
-
120,507
-
Motor expenses
-
-
-
Rates and insurances
-
-
83,819
School bus service costs
-
-
-
General admin
48,694
-
22,462
Postage, stationery,
advertising and telephone
-
-
-
Bank charges and interest
-
-
-
Staff recruitment costs
-
-
-
Subscriptions
-
-
-
Bad debts
-
-
-
Cost of trips
243,882
-
-
2,904,774
249,024
544,280
Share of support and governance costs (see note 10)
Governance
15,940
-
13,213
2,920,714
249,024
557,493
Analysis by fund
Unrestricted funds -
general
2,920,714
249,024
554,023
Restricted funds
-
-
3,470
2,920,714
249,024
557,493		 (Continued)
Transport
General
Admin &
Overheads
Total
2024
2024
2024
£
£
£
309,395
371,521
3,416,539
35,929
-
93,730
-
-
98,868
-
2,994
137,894
-
-
151,522
-
-
120,507
17,117
-
17,117
-
-
83,819
204,260
-
204,260
-
13,549
84,705
-
80,673
80,673
-
5,784
5,784
-
12,266
12,266
-
18,748
18,748
-
36,824
36,824
-
-
243,882
566,701
542,359
4,807,138
-
372
29,525
566,701
542,731
4,836,663
566,701
542,731
4,833,193
-
-
3,470
566,701
542,731
4,836,663		 (Continued)
Transport
General
Admin &
Overheads
Total
2024
2024
2024
£
£
£
309,395
371,521
3,416,539
35,929
-
93,730
-
-
98,868
-
2,994
137,894
-
-
151,522
-
-
120,507
17,117
-
17,117
-
-
83,819
204,260
-
204,260
-
13,549
84,705
-
80,673
80,673
-
5,784
5,784
-
12,266
12,266
-
18,748
18,748
-
36,824
36,824
-
-
243,882
566,701
542,359
4,807,138
-
372
29,525
566,701
542,731
4,836,663
566,701
542,731
4,833,193
-
-
3,470
566,701
542,731
4,836,663
4,807,138
29,525
4,836,663
4,833,193
3,470
4,836,663

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

10 Support costs allocated to activities

Governance costs
Analysed between:
Education
Boarding & Property
General Admin & Overheads		 2025
£
36,689
20,094
16,255
340
36,689		 2024
£
29,525
15,940
13,213
372
29,525

Governance costs includes payments to the auditors of £20,094 (2024: £15,940) for audit fees.

11 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements 20,434 16,312
Depreciation of owned tangible fixed assets 95,340 93,730
Profit on disposal of tangible fixed assets (1,067) -

12 Governors

None of the Governors (or any persons connected with them) received any remuneration from the charitable company during the year.

13 Employees

The average monthly number of employees during the year was:

Teaching
Administration
Other
Total
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
Number
54
14
38
106
2025
£
3,021,841
269,680
303,984
3,595,505		 2024
Number
55
13
38
106
2024
£
2,864,856
263,644
288,039
3,416,539

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

13 Employees

(Continued)

Redundancy and termination payments totalling £20,156 were made in the reporting period. These were paid through payroll and no further payments are due after the balance sheet date.

The number of employees whose annual remuneration was more than £60,000 is as follows:

is as follows:
2025 2024
Number Number
£60,001 - £70,000 1 1
£80,001 - £90,000 2 2
£100,001 - £110,000 1 1

Of the employees whose emoluments exceed £60,000, 4 (2024: 4) have retirement benefits accruing under defined benefit pension schemes.

Remuneration of key management personnel

Key management has been determined to be the Governors and the five members of the senior management team. Governors receive no remuneration. The total remuneration of the senior management team excluding employers National Insurance was:-

employers National Insurance was:-
2025 2024
£ £
Aggregate compensation 406,717 401,027

14 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

15
Tangible fixed assets
Freehold land
and buildings
£
Cost
At 1 September 2024
4,768,071
Additions
5,000
Disposals
-
Historical VAT adjustment
(2,402)
At 31 August 2025
4,770,669
Depreciation and impairment
At 1 September 2024
-
Depreciation charged in the year
-
Eliminated in respect of disposals
-
Historical VAT adjustment
-
At 31 August 2025
-
Carrying amount
At 31 August 2025
4,770,669
At 31 August 2024
4,768,071		 Fixtures,
fittings &
equipment
£
702,821
30,027
(7,795)
(6,590)
718,463
551,210
63,484
(7,795)
(2,573)
604,326
114,137
151,612		 Motor
vehicles
£
212,852
17,766
(22,175)
(4,964)
203,479
158,953
36,486
(22,175)
(2,056)
171,208
32,271
53,899		 Total
£
5,683,744
52,793
(29,970)
(13,956)
5,692,611
710,163
99,970
(29,970)
(4,629)
775,534
4,917,077
4,973,582

All fixed assets are used in direct furtherance of the charity's objects.

The land and property of the School was valued in August 2012 by Lambert Smith Hampton, Chartered Surveyors, at a value of £4,593,750. The specialist property of the School was valued using the Depreciated Replacement Cost method and property other than specialist property is valued on the basis of Market Value. The land element of £107,500 is included within the revaluation. On transition to FRS102 the charity has chosen to revalue its land and buildings up to its fair value, using the exception under FRS102 that this now becomes the deemed cost.

No depreciation is charged on the property as per the accounting policy. A depreciation charge of £224,474 (2024: £224,474) would have been expended to the income and expenditure account if the property were depreciated.

16 Stocks
2025 2024
£ £
Raw materials and consumables 10,583 10,937

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

17 Debtors

Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
18
Creditors: amounts falling due within one year
Other taxation and social security
Payments received on account
Trade creditors
Other creditors
Accruals and deferred income
19
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 2025
£
151,152
6,515
101,696
259,363
2025
£
289,479
464,322
121,114
131,309
42,488
1,048,712
2025
£
303,984		 2024
£
109,680
5,963
104,917
220,560
2024
£
-
1,160,233
115,619
176,328
85,562
1,537,742
2024
£
288,039

The charitable company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charitable company in an independently administered fund.

20 Restricted funds

The income funds of the charitable company include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

At 1 Resources At 31 August
September expended 2025
2024
£ £ £
Science Facilities Fund 6,684 (4,615) 2,069

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

20 Restricted funds (Continued)
Previous year: At 1 Resources At 31 August
September expended 2024
2023
£ £ £
Science Facilities Fund 10,154 (3,470) 6,684

21 Unrestricted funds - designated

The income funds of the charitable company include the following designated funds which have been set aside out of unrestricted funds by the Governors for specific purposes:

At 1
September
2024
Incoming
resources
Resources
expended
£
£
£
Bursary Fund
-
(273,277)
-
Major Repairs Fund
61,995
-
-
LTSDA and 100 Club
-
11,480
(11,497)
61,995
(261,797)
(11,497)
Previous year:
At 1
September
2023
Incoming
resources
Resources
expended
£
£
£
Bursary Fund
-
(365,364)
-
Major Repairs Fund
61,995
-
-
61,995
(365,364)
-		 Transfers At 31 August
2025
£
£
273,277
-
-
61,995
3,706
3,689
276,983
65,684
Transfers At 31 August
2024
£
£
365,364
-
-
61,995
365,364
61,995

22 Analysis of net assets between funds

Unrestricted
Unrestricted
Restricted
funds
funds
funds
general
designated
2025
2025
2025
£
£
£
At 31 August 2025:
Tangible assets
4,915,008
-
2,069
Current assets/(liabilities)
(329,575)
65,684
-
4,585,433
65,684
2,069		 Total
2025
£
4,917,077
(263,891)
4,653,186

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

22 Analysis of net assets between funds

Analysis of net assets between funds (Continued)
Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2024 2024 2024 2024
£ £ £ £
At 31 August 2024:
Tangible assets 4,970,114 - 3,468 4,973,582
Current assets/(liabilities) (288,005) 61,995 3,216 (222,794)
4,682,109 61,995 6,684 4,750,788

23 Financial commitments, guarantees and contingent liabilities

At 31 August 2025 a contingent liability exists in respect of windows replaced in previous years.

At this time the costs of further work required in order to ensure compliance with planning regulations is not known with certainty.

24 Related party transactions

Transactions with related parties

During the year the charitable company entered into the following transactions with related parties:

Certain Governors' children and children of key management personnel are pupils attending Longridge Towers School. Fees are paid on normal commercial terms. At the year end the £nil (2024: £18,127) was owed to the school by Governors and £nil (2024: £419) had been received by the school as fees paid in advance.

The discounts received in the form of academic scholarship and bursaries towards their children educated at the school amounting to £21,683 (2024: £21,771).

The scholarships have been awarded to the children based on performance in the annual scholarship examinations.

The provision of these scholarships were approved by the Charities Commission.

LONGRIDGE TOWERS SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

25
Cash (absorbed by)/generated from operations
2025
£
(Deficit)/surplus for the year
(97,602)
Adjustments for:
Investment income recognised in statement of financial activities
(15,836)
Historical VAT adjustment
9,327
Gain on disposal of tangible fixed assets
(1,067)
Depreciation and impairment of tangible fixed assets
95,340
Movements in working capital:
Decrease/(increase) in stocks
354
(Increase)/decrease in debtors
(38,803)
(Decrease)/increase in creditors
(489,030)
Cash (absorbed by)/generated from operations
(537,317)		 2024
£
129,099
(16,489)
-
-
93,730
(2,783)
115,666
508,356
827,579

26 Analysis of changes in net funds

The charitable company had no material debt during the year.

27 Non-audit services provided by auditor

In common with many charitable companies of our size and nature we use our auditor to assist with the preparation of the financial statements.