REGJSyI COMPANYflUhfBEiL. 011107854 (England Waleo) REGISTERED CHABifY NUTrIBER: S2S9311 Report of the Trustees And Finanei•l St4tEments For the Year Ended 31 ATAgust 2024 Gre¢JAb•JJk Scbool L4mited ADYINR4G 1(2025 231
CreeubY4llk School IAmited Contents of the Finantia] St4teJnents for the Yeydr EDded 31 August 2024 CONfEwrs Report of theTn}Sf........ ..................................................................... . R4)ort of the tndependeot Auditor8 to theTnJste¢8......................................................................... . . Statettlent of FiThknciftt AGtiti£l............-......................................................................................... . li BalancL Shed as at 31 August 2024............................. .. Statement of Cash Flows for tbe year 31 August 2........................... ... Notss to the FiD8n¢ial Sf&tsments for the yw ettdal 31 August 2024... ... .. D¢tsiL¢d Sthl¢m¢nt of Financi Adivitie¥ for tknyear ethlejj 31 AuBust 24....................... .. .12 .14 .15 .25 The folltswing does not formpartof th¢ ststukny thtements". D8tsiled staternt of Finoncial Activitie4 for the year ded 31 Ast224
Greenbank Scbool Iimited Report of tbe Trustees for the Year EDded 31 Au£tt$t 21ll4 REPORT OF THE TRUSTEES The Trustees of Gretubank School Limtted prestht thelt aTllMai report Ènd dIt accounts for tbe year ended 31 Au8USt 2024 8lld confirm th8t they comply with the requirements of the CbaTitiu Act 2011. th# MemorallduTr aud Arti¢le8 of Association aod th¢ Charitits SORP (FRS 102). Obje¢tiv¢$ #Ad Aim8 The objective of dLe charity is the provision of education to Childr up to the age of I I, tsough capable atLd dedicotedt¢aGhing staff. Within tlais objective it isthe aimof tb¢ Scboolto develop evwchild to histher Mlmrn potential and to provide exccll&Lt pastoral Gq Th¢ Th1 adliev the8e obitiveS in a number of ways: The Scljool ntInUeS recNit and retain bigb quality tbIag 8nd staff. The School pmvidea fl ond partial bursarias to pw)ils who otherwisewouldnotbe able to pay the fees. The SclLouI has exteDsive gFK)Ets and 8tts f4eilities whicb are tDade available lo otber local schools or ¢hildren'$ groups. This ig done on a not for profit b&8i8 with either llo charge. or a chatge to cover only any incrallentsl e4)st. e.g.. staff openingup and wrtitig Oll a Sadday. The SchoDI's Senior lthlettbip Tearn ("SLV) has developed rdats"oDships with l¢)caL state school4 gupptirting Staff and pupils in those Sch1. Slgnlfie#nt Activities The School provides wJbnuin8 profeA510t dev¢10¢t ttainiog opwrtimiti for all stsff. The School currendy proTr1d buNriea to a number of cbil(tren who would otherwi%e not be able to attend the School. The Sthool f&cilAtatrs gified and tslffltol W0P5 for children from ly)th Ioc41 And ind¢[atht school8. ThE School rni8eA tn the region of fAk for charity. the rnain be4lefic1I being T¢¢oage Tnt and Moorfield Byo Hospxtal. Publle Inefit The Trugtees Confirm that they bav4 when and where to do 80> paid regard to the cIlty Commissioner's Guidance on Public Benefit wheD ¢oDsid¢ring and making its decisions. The S¢h(K)I's coJnmittTheELt to this 18 d6rnottstrabJ by its provi8ion of bursaries and use of the Scknl preJnises, as noted Revlew of actlvities and a¢hiev¢ments The results Achieved in the 2024 extaDBI exartiinatioDS (Tutsl8lldiD& all of our Y¢8r Six pupils w¢re offered places at tbeir first or SOnd choice itidepeodent 8e4xior schools, including MsnGhe4tsr Gra[ar hool. Withington Gtrls School, Manch¢ster High Scknl for Girls. Stocks Grarom4r School, CheJdie Hulme &hool and Aldul¢y Edg¢ School for Girls. Three of out pupils those to atteada lo state EcbooL The opporluDitiss offeled iryond the Core CaTICh rqrJ8in a key Fqrt of what Grefflbank offers. The TangÈ of activitie8 tbtVU8h GEtra-CWTicular Glubs ei)ntiTLues to grow with ditionS inGhxding itifant baking and philosophy. Bco Couacilloys continue to thive our sustsinability plan foTw8rds. ottek Agoin we thieved the hitsÉ pOLbIt rating in our GreaL Schoo]8 E¢0 Award. W¢ have our own aviary look forward to th¢ first tsst¢ of Gr¢enb3nk honey. Our pupi]s visited the lo1 8llolrnet to plant v¢getsbl¢s ad wpport the I1 conllnujjity groThing proje¢t& We won the level three RHS award for gaTthning aDd many of ow pupils
Cieenb#nk Sebool Limtted Report of tb¢ Trnstee¥ for the Y¢ar Ended 31 August 2024 helped to ke the local clean. Our FAO CouncilloTS Cttated a b¢e ts8iL 8uprrt)rted tbe gnjwitig of p18nts to great biodiversity and pupils ti)okpart in Tge of be&fri¢ndly eveLt8 on notional Be8 Day. We continue to work on ourlong-term sustsinability PrOa r¢pl8¢ing all our ligbting wtth LED bulbs, ItUlating our ceilin8s Aud working with Surfers Agaiust sage to become a plutic free School. Sustsinability and digital literacy &Te two areas importattt to the school We believe that tbese the inthjstries our chilthn will enter irtto iti tbe fitture. Our Junxorpwils each have acLess to an iPad and our tttbnolo8y ill the curriuulurn dcvelopmeJtp]An ensures that thete i8 tr itttwation of technology within a WAde range of lessons. A new platfoll Showbi4 13 currently in Years Five al Six with view lo a greater roll out next year. We work bard to sutwt our thildTh wbo require 80m¢ 8UPV)rt to acc¢s8 th¢ QUTicuIuTn aj wrll 8$ developing the skill5 of th03¢ with 8 higb tential for learning. Often thi$ 78 thr¢)ugh tskitigp8rt in mast¢r¢18&3#' we hosted both English 8ndMathenticS Cla this year alld 16 of our pllpils travelled to oth¢r school$ acra88 the MatLchester ATea to attend m&8t&cla&ses in scienc4 Englisb and math¢uwti¢s. As & Small school. we offff all of ourchlldren many opporhmitie8 to Eeeom¢ * leader. We use a democralic Pr(¢s$ to select our Coun¢iUors and S¢bcKbl Councillors are s¢l¢Gted fn)m e&ch cl&gS to represent their views at termly meelings. Wellbeing arnbad0fS play a key role iti supporting tbe wellbeing of cbildreu and our stsff wellb¢ing tearn rneet to pl8n how we Can support the wellbeiffjg of staff and pupils. Librarians T¢ad with oth¢r pupils from different ytsr group5 and recM[o¢nd books during library 58103 and digitsl leadu3 SupFrtf¢llowpUpl19 to (teatepr&qent8tions allduse t¢¢bnology in both 1¢s3oas and beyond the cunicuhmi. With a production tsking place for each year group. all of our cbildTeD take to th¢ stag4 vA&etlLer they are natural performets or lloL Pre6cbool tookp8rt IL their vay own Cbristtllas prodwtiQffj'T'was the night before Christmas" and the infw)ts eTrtertairLed par¢Dts and gT8ndpat¢nt8 with"A mouse in Saota's House" Year Three perfornied'snow Wbite". Year Fourput oll Sbak65p&rds"12th Nighv,, Year Five performed their owu vetsion of Roald Dhal's'The Wstches" aThd Year Six finithed the yefjr oll ahigh with a wondthl r¢t¢l]Lag of th¢ music41"Greage!" Many of our PUpS tske the exams of th¢ London Academy of Music 8nd Art tyMDA) And this year every pupil ¢z1ved at least a meriL Music plays a ¢thtral n)le in sthool li Pupils accus individual lessons on br88S, 5tring4 piatso. and woodwind. Our Chtsber Choir were thri]kd to be invited to tskewl irL th¢ mults.faitb celebration of the birth of Ghandi at Monchester C&thoJral. They were also iovited by tho Mayor to perforni carols at StOCktT0 Hall at amajor furtdraiser at StockportTowth Hail. We continue to promote mwic tbrougb tbe sthoDI with a Mothets, Day Concer( Carol Conctht Harvest Fegtival alldmusic CItal8. lo sport. the scbool participated in tnany competitions orgaDised bythe Inded¢t S¢bools' Assooiatiot] C'ISA.? for waterwjlo, rounders, swlmming, cross coutsty. netball. bask¢tball. athleti and dance. Two of ourpupi18 won silvermth forth¢irwfoTmances at the Da¢ioDal atleti compelition iti Birniingb We wete deligbted to again host our gitls, footbaiL tournament whic&is now A regth fixtute with several local state schools talingpart. During Olympic th¢medweek. Etie1ll StotL L4)ndott 2012 Olylllpic Gold medal winntt. visited 8cbool to ve an illSPAring talkon setting goals and joitied 0rytr Six pupib on a local ralloeiug trip. Our pupi18 iy8nefit from day trips to btsildings of worship (Mojque CVreh) to garden centre8 and rastaurants and tnu8eutDS well to a ChTiStrttas p8ntomin)e. lknpils from YearThreeupwards go on residelltial trip$ to CastletOX4 Amb1&5ide, Shropshire aud IK)ndoL These trips are essential to build reJatioDships and the 50ft skills 80 imPOrtaTht to a sOccfill adulthood As well as & better undetstanding of Britisb cultur¢ and values.
GreeDbRllk sch11 LIftted Report of the Trustees for the Year Ended 31 Augty8t 2024 W¢ ¢ogage OUT P8reots through questionnaires Jud phrfflt suniDar5 OD irnportant i58u# iucluding $l&ying 3af¢ onling and supporting eallotioDal regulAtion. CbRTity ranain8 an itnwrtttttt element of school lif4 we chariti¢s through hwdraising, donating. iknll8 and food to the loe41 f¢)xlbank, and througb sponsored events. Thi3 year we supported Save the Cblldren, St Anne's Hospic4 Chelwood FoodbaDK Mc4xfi¢lds Eye Hospital, Childrn inNeed, and Teenage Cane¢t TrusL FNANc REvw Reseryespollcy Reswvesareheld to ensure thattbesehool can crntinutstoprov1dethebigbcstlevelofit0 itspupils. This requires th¢ 3th001 to invut in the seJLool pr] aad other tauEible £ed assets which the Trustee8 from timeto time to fiD82Lcowith battk irOvI]ng$. At thebalance sheet d8tethc8¢borrowings totsll&l £241,512. The TnteSY always eoEure that th¢yhokl 8ignific8nl ttserye8 8ttd tsrgeÉ surylu8es to repay ottd Servic thescloath8. The School'$ free {olCt as UDr¢strirt¢d fvod8 1¢&4 tallgible fixed &8sets) are £76.770. Before long terni botrowin85 Qot due within the rtcxt 12 months free re6erYes stard at £253J96 BAsedon cuTrentlKJrrowing leve]s, the Ttustee8' p)licyis to hold fAeer¢3eryes equalto theonths. salary ¢05ts (£425.575) to meet its htuteiiabiliti¢s. to optrate ¢ffe£tively and to save for filre capitsl 6xpell¢Jiture. The Tntee5 monitor th¢ l¢vel of cash reWV on #tt ongoing btsia Attd are keon to utilige fvture surplus to 8¢hievo the targ¢¢ i¢vel of freeTewes. REVIEW OF THE PRINCIPAL FUNDING SOURC TRthsAcfioNS AND FINANCIAL POSITION The Sch(KJl eb3Tge8 fe&5 to patrllts for th¢ provision of eAlucation and the fees to pay the staff and to provide a qwlity ethc4tiorL. The fee6 akn support the School's chlb]e aill in ¢nabling il to provid¢ buYsAri# And free thication Wh appropriats. Inci)mein tILe yearinueased to £2S98,772 (2023: £2.477.063) inchthl A doDationof £38.400 from th¢ Friends of Greellbank towards the purcbaseof a tth1nib.NeI ineomertylucdto£105,298 (2023.. £157,313), this level of rnvenue will allow contitiua invesent in the SthooL The majorfllwicial comtllilm¢n¢is ther¢paleI of thebank loaD8. Atthe y¢ar¢nd th¢ School r&gerye& of £1,792.948 (2023: £1.687.650}. The Trnsteu eonsider that the fuKLds available 8re ¢i¢llt to meet pject future ]iabi]iti&s. Th& zesults for the year are set out in the ststeml of Financial Activiti¢5 Oll pa11. CoverDlng document The Charity 18 by its memordndam and artKcle8 of asl&tion and c(*tstitrJtr4 a limitEd cmpany> limited by SI% 88 deetlledby the Comp8nie4 Act 2W6. Reerultment and #ppolntment of new Trustees Wherj T¢¢ruiting a TTU81e4 the T81 identifies the skills. eXple and key accountabilities requir for tbe rol¢. Pot¢ntial ¢adIdateS are identified by e&reh amoll8St pdrtnts of or past pupils, ¢¢ommendations by advisus or advertisement of the posL Once tbe intVieW proKs¥ is complete the SuccSSA1 cattdidate 18 recoD)Jneoded to the Board who Mtify the 8pEK>inlmenL
Greenbank School Limited Report of tbe TTh8tees for the Yeftr Ended 31 2024 Jnduction and training of Truste After appointment the Trustee has a peri(yJ of induction Spding time with the ChaiEman, Tre&8urer and Hdteacher. Depending OJLtherole and 8pe¢ialism ofth¢Truste4 they timson site at the Schoolwith tbe School's SLT. Covering all aspects of the SclLooI's OtiOn. tbey may also 5peDd tirne with the appropriate profusion advisers. Key 1gement personnel The Trllst consider tknt they. togotber with theHeadteachtrattd the SLT. comprise theKey Managent Pers¢)nnel. The Tn]stee8 give their time frt4ly and the pay andremunetatbOD of theHeadteacher is set by th TTOStees alld is kept under onnual review. Several critL4 are used Art setttng pay for all ststr. Nature of the role and resp)nsibi]iti Competitor salaries in the a The se£tor av¢rnge salary for comparable positions Trends in pay The fjnanoial PKJ54tioo of the School The Tste¢S bav¢ d¢88t authoTity to the He&dteachtr to paykngbu sal8rie5 for exwtional ¢ondidates whett this is iti the intueuts of the Sthool {S¢enote 9 to tbe ar)uuts). Organisational ¥tru¢ture The business of the School is organMd 9nd nm by the Board of and the edu¢ional aspects al or8auised by the He4dteacher. TheTrllste opBrateasaboard. w1thmeetkngsallyhe1dsix time8per yearduring term titne. TheTrustees identify spe£ific skills that the Trust requir¢3 and seeks to appoint approwia*ly quLfied and ¢xpwiettl iodividua15 to fLII the role. The d&y to day Jn8nagemfflt of the S¢hwl is delegated ttj the HeadtCher.
Greellba] School LiLulted Report of tbc Trpt¢eS for. ¢he Ye•r Ended 31 AuEU6t 2024 Trustees Th¢ TSlee5 who dwitig the year and their beneficial intett4ts in tFLe Company's i8sued ordinary slwe capitttl &t thebegintsing and e4Ld of tbe ye4rw&e: Ordin shares of £1 each 2Q24 2023 Ms K Bancroft Mrs ABerez8i Mr I Bryoing Miss R Chadwick fvfrs K Challah Mt A Galloway Mr A tmIie fvlrs C Johnson Mrs L Mader MrN Somaia MT N Vernon Mrs C Youel 13 13 IU5k m4nY4gement The Trnste4s reJpollsJTrtle for overs¢¢iog the risks fttced by the School. Detail&l eonsidetetion of risk is daleted to th¢ &bool'8 SLT. Riskg are identified alld agsa58 andcontrols are estsbbsbeA thToughoul the year. A formal r¢vi¢w of the Scknl's iisk manage4n¢nt is midettaken ott an aTJnuel b&8ia. Risk 18 managed under the Iwdings of finaD¢ig1 sy8taltsty. school safety> wpil wevarc, etnp1oQlll scbool trips and events and community accus. The main risk8 that theTnK8tees bkve ideniified and tILeplans to manage tbose ri8ks Reputstion. The School'¥ wccw8 IB built on its rqniiation for the QIUon and well-being of its pupd8. W¢ manage this risk through safeguarding policies. staff reuuitment policies, pllstor 8UPPOrt for both pupib and staff ad activ¢ identific4ti0n and r&%olution of 1th aDd safety related issue& Fillan¢K. Our ability to contiDu¢ is reliattt on ppjpil fees and the ability to pay bills as tbey fall the. This risk is pertioettL given the introduction vf VAT on s001 fees attd thepotexLtiai AJnpa¢t onpupii aumbus. The Ttuste¢s manage this Tisk by aclive cth.flow mana8emuLL mtheting activity alld maiataining the School's reputation for acadaDi¢ ¢Xcdlell. Curriclllurn delivery. Academic exce]leJee Tequires th¢mou Able teacher8 with 8¢at¢-of-the-ert facilitie ddivaing the cwiicuium to thdents. We Illaage tbis risk by ctsmbining: Attractive sal8rie8 WAdL ollgoing investmeLt ID our Sthwl. An 8ppro&th to enTolment that works with supportive partsts whose djildren have appetits for 1¢arnin, attd A bursAry scheAne that te£ognises pupil acl)leY aDd ap11 Throu&kn tbeTi5k m8nagemetLt procesw atsb]i8bed for the ScbooL th¢ TnL8tees ore satisfied that tbe major ti8ks id¢nitfied have adequat¢ly miti8Bted wheze nttessary. It is recogDised that syste4ns only provide rcasonable but twt absolute assurnll thAt major riskshave beeJ adwately managcd.
Greenbank Scbool Limited RepTrrt of the Trustees for the Year Ellded 31 Au8ust 2024 ptANS FOR FUTURE PERIODS In the fi)ttufy the SelK)ol intends to: Furtber i)nprove the faciliii Extendpartllersh1k with local schoo15 aod thelocai comllLunity. Broad¢tJ the range of co-¢UtTicular activiti¢s for pupils. CoDtinu¢ to devd¢)p th¢ S¢hool's IT capability forboth learnw8 pnd school admini5trati<)n. Colltillue to support the Frittlds of GreenbaJ]k in brtwg togdbtt alutnni and for fundraising and JDarketirJgpurpose8. Furtlker d¢v¢lop the School's Eco Actioll P]an and work tow4rd% being net cb00 7xro. Corltitiue to develop the provtsion forthildrenwitb sp181 educational neeA8. OIW7854 (England and Wales) Register} Charity numbet 525930 Piittcipal and Trgisttted offic£ Greeobank Schwl H*thbaDk Road Che4dle Hu]me SK8 6HU Ttuste Miss K Chadwi¢k (freasutu) Ms K. Bancroft (resignd 20 Novembet 2ff23) Mrs A. Bere7Ai {lne& 4 March 2024) Mr l. Brylling Mrs L ch1•h Mr Galloway Mr A. ]n)rie (ap17011 24 Jvn¢ 2024) C. joh1 MrN. VetnOD Mr8 C. Youel (T¢8ignl l July 2024) Company Secretsry Mi&8 IL Cbadwick Headmaster MT M. JohDs( Audito DJH Audit Limit&J Chartered Aceountants aud Stattttory Auditor St George's House 56 Petr Stred Mauchester M2 3NQ
Greenbank School Iijnited Report of the Trnstees for tbe Year EDded 31 August 2024 Banku8 The Royal Bank of Scotlandplc Drummond House l Redb8$ Avenu6 dinbu EH12 9JN STATEMENf OFTRUSTEES> RESPONSIBILITIFS TbeTtustee6 (who are also the dirECtot5 of Gtethbank Sdjwl Limited fOrthepury of ¢ompAny law) are r48ponsible for preparing the Report of the Tyts 8Dd th¢ fillaDcial 8taternaJts iti aceordattct with applicable law and United Ktiigdom Ac¢oiintitig Standards (Unit&l Kingdom GeD¢roJly Accepted A¢¢ounting Practice). Company law requires th¢Trtee3 to prepatr fin&ncial statements for each fiD8ttcial year Hthich give a trje And fair view ofthe state of affairs of the Chatitsblecompany andofthe incomiDgT¢sourees and3pp]iLQ of resources. whith iTh¢lud¢s the income and cxpendilure. of the Ch8rit4bl¢ C<)mpany for that perio& la preparing those find11 statement4 thoTn]stees llre reqrrired to: select suitable Accounting po]icies and apply them lSistY. obSee the methods Aod principles iti the Charity SORP. • make judgemettts and &8timate that are rea&)thlo and prudent. aDd prep&re the financial statett)eots oll the gotng ¢oncun basis Ulll¢ss it is to Pr¢ thatthe CfrLarilable CollLp8ny will catille in busirLess. TheTrStl ate nsiblfOrkeePjn8praccoUnC1llgl0nls wbicth dIOse1th reasonabl¢M at any time the financial po8itiott of th¢ Charitable ConLP8lly and to e4Lable them to that the fillancial staiemonts Comply with the Companies Aci 2006. They are also reSnsible for safeguarding the L5sets of the Charitable Company pndhellce foriaknng re&sonable stqjs for the prevelltion and detection of fraud and oth¢r ittegularities. In so f 38 the Tnte&s ar¢ aware: Ther¢ is tto releYaDi dit AtifonDaliOti of which the Charitable Company's audito &r¢ unaware: gnd TheTntt£S bavetaken au steps thai thoy ought to have t8kea tomake thetIVeS &W8Te of 8nyrelevant audit iJforrnation to &4tsblish that the auditors are of that )nfOrntiOll. AUDITORS The auditors. DJH Audit Littjited, will beprop)sul for re-appointmULt at the rtextTrnstec8' meeting ONBE ALF OF THE BOARD: Mrs L Marfer Cknairpersoa Date.. ...
GreenbAAk School Limited Report of the l)Jdependent Auditors to the Trit of Greenb2llk School Limited REPORT OF J14DEPENDENT AUDrroRS TO THE TRusfEES Opiniox We h&ve aodited the finAnciai statemalts of GteeDbank Sehool Limited (the'ThAtitsble for the yw ended 31 Augu8t 2024. whicb Comprise the Statement of Financial Activiti&s, the Balance SheeL the Statem¢nl of C&shflow8 and not0 the fin8nci81 statements. includinga sJ&ry of SignifiLt ac¢ounting p0CleS. The fwaDcial reporling framework that1$ be¢D apph.ed in theirprep&rntion is appIlble law znd Utiitd Kingdom Accounting StandardT (Uniied Kingdom aenerally Accepted Ac¢ounling Prdctice), including Financial Reporting Standard 102. 'The FillanCi RwtinÈ Stsnoard app]icable in the UK Republic of Irel&ud" In our opiuion the fillhncial statements: give ft true and fairvicw of the stste of CharTrtable CompHn9 Athir8 as at 31 AugtK8t 2024 and of its incoming sOUrceS And appIltiOrI of resourtts, ittcluding its ill¢OtsLe 2ndexpendir4 forth¢ year then bave beffl properly pryaj in accordance with United Kiogd¢An Gen¢T8lly Atl Accountiti8 Prnetsc4 inch]ding Fi[¢181 Rwtin8 Standard IIyi'The Finalleial Reporting Statsdard wlicable in the UK ttlld ReblIC tsflrelalld". and bav¢ b¢en pwared in acGoEdattcewith ths rcquirements of tbe Compatiie4 Act 2(#)6. B•sts of opittion We Con¢td our audit act0rd with Internatiottal Stsndards on Auditing (UK) fjSA8 (UK)) And applicable law. Oor responlxlitie4 under those SthndS are forfher dcrIbed in tb¢ Auditors, rewnsibiiitie8 for the audi¢ of the financial stateTuellts swtion of our T4rt. We are indepottdent of the Charitablecompanyin accoraao¢zwith the ethical requirements tha¢ are relevaThttO OUTaudit of thefitL8llcial $t&temeDts iu thc UK including the FRC'S Ethi Stants4 and v/e have lfilled our other ¢thi1 respon8ibiliti&s in accordaou with thes¢ require[ts. Webeli¢vethat thelluditcyidettcewehave obtained is sufficIt ad appropriato to proyide a tsi8 forour opinio ConeloOn* relating to gokng eoncern hl auditithg the financial statements, we havr Cottcluéa that the trustets, use of the goiug couwn basis of accouoting in theprep¥ration of the fiDancial stateEllents is 4Jpropriate. Ba8ed on the work we havoperfornlol we have not Idtified ally mat&ial (zrtainties r¢lating lo ¢vents or conditiolls thal indivtdu&lly or lleCtive. lltay c&%t sigtiificant doubt on the Cknitable Compan8 ability to continue as & going con for a ol at leA8t twdve mouths frollL wh¢u tILe financi statellLents are authoti5ed for issue. Our responsibxjitiu and the rE8POD8ibilitif¥ ofth¢lJustees Twtth wto going concwn are descriThed in fhe relevant tiOnS of this reL Other infoTm8tlon The ttU9tees aTe responsible for the othry illfortllIorn The othu infonllatioo comprise8 the itifomats.on included the Allllu Rwi ots tljan the financial state4llents and our Rwrt of trydep Auditors there¢)n. (hw opinion OD tbc fioancial 8tatmeJtts drt8 not covet th¢ other ioforniatiOTh and. exw to the extent otbetWi8¢ ¢xpJicitiy stateAI our repor4 we do Dot expreys atty forni ofassuraThce coyv51On th¢r¢on.
Greenb•nk Sthool Limited Report of the Independent Auditor5 to the TrDstees of Creellbank School Limited In conTreetion with ot audit of the fJDau¢ial Statements. our responsibi]ity is to Te&d the otber infOrntiO and, in doing so. Consider wh&her the other iDfoThnation is mattiially inconsistellt witb the financi 8tthmeDts or our knowledge obtsined in the audit or otberwise appears to be materiauy mitst. If we identify suob matuia] iDwnsi8tencic8 or app¥raLt mthlal misstal¢rn¢nts, w¢ are WUiTvJ to d¢terltie whether this gives rise to a matui&l misstaiemei)t in the fioancial statements theSelVeS. If, based on the work Wehaveperf0rn w¢ eon¢lude that there 18 amateti81 mi&8tat¢rnml of this other infoTm&tion, we are r¢quir¢d to report that facL Wehave nothin8 to report in this reg8r& Mattsrs on wbich we Y4re rtqulred to rert by ceptIOn We bave nothitig to rwt in rw of tbe following matttt8 whtte the Cknitie3 alld Repofo) Reall0[ 2CK)8 requireus to report to you 1£ itL OPiOiOD'. the informatlon given in th¢ Rry of the Ttea 18 lnconwstrI iTh 8ny mattiy reSpt witE the financial statemellts. or . the cIltable Compally has not kept &dwte acnting TordS. or the fiD8mcial staternettts are not in agreemaktwith the t¢untIttg rec4)rd& 8md rctyrny" or we baye not reo¢iv¢d all th¢ itiformati)n and explatiations we iequirefor our audiL R¢8pottsibilld&s of Trustee8 AS explainedmDre fully in the StatementofTru8tees,ResEM)nsibi]itiffjthetrStcts (who Arealsothedict0 of the ChEritable Compaoy for the Pu>St5 of CA)mpany law) are regp)nsible for the preparalion of the fjn80¢ial statements 8md for being satisfied tbat they give A true and fair view. and for such internal control 8 the trustee8 determine i8 necessary to eEYdble the pTtwation of statuoents tbat or¢ )fr¢ from rnateri81 misstatCfA¢nt, wh¢th¢r due to fraud or e(ror. Ill prepari the firDe1 st&tements, the trtreS ar¢ rwJL8th1e for assessiog the Cbaritable CompanS ability to ¢ontinue as a going concern. disclosiDg, &5 applicable, mattas related tt> going coneem attd using the going conc4m bsis of accountitig Unl tbe trte£8 either lotd to liquidate th¢ Charitable Ci)mpaoy or lo ceas¢ op¢rations. or hav¢ no realistic alternativ¢ but to do so. Our responsiblJLties for the audit of the fjnanell 9tatement8 We have been apwiinl¢d as aoditots ullder Sedion 144 of tbe Charities Act 20118nd reEK)rt in accordallce WAth the Act aud Televant regulations made or baving effe£t thereunder. Ourobjxtives are to obtsin reasooabl¢ about vknethcr thefinaryCI 8tAtemeLts as a whole are fre from m&l¢ri81 Jniss¢atemeAt. wbetherdue to fr4ud or eryor. alld to i88ue a Rq)ort of the IndopelldentAuditOT8 tbat include8 our opillion. Reasonable a$sance is a bigb l¢v¢l of assuraoc4 Iwt IS not a guarantee that art audit conducted in COrdanCe with ISAS IUKI will a1wtt deteet a matsial missiatement when it exists. mi8state¢llts c4r4 8rA3e frotll fraud or error and are conSid¢d materi81 1£ indivi(klly or in the &Bgate, tbey could reesonably be expected to infjnellce the O[LOLc decisions of tsken on the ba8is of thege financlal ststem¢nts. The extellt to wknch our proctAIutts 8Te capable ofdewting i*tie9. including fraud is dets11 below: Tn preparation for our 8udit we 3deLtified areas of laws attd regulati(Ins wbich we eott8idcred could have a 8tsTrAI 8ffectoJJ the fiuancial Stst¢ts. This iDforniation was obrained via diacu805 with t)wiagemenl and from our generni commercial and sector exrIenCe. The dire£tm also provide us with VItten representstioll of all the key ond fvndjrnelltsl itidusty spxific laws 80d 18tiOnS with they are requited to 8dhete to. Theae wete then com0]Cated to tb¢ TWI1¢ of the auth"tteam at our &uditpl8m)ing meeting. A8 ats iDdep6lldt pr¢p• scbooL non-compliance the Indythllt Sthw15 IDspEthraLe (ISD. Education and Skills Act 2(K18. Safcguardiog. Th¢ Discl¢)sure & Bring ServicL and c1itieS Act 2011 d Con)paDie8 Act 2006 wtte LIS4 to uL06tTel1lt. ()Jr dit procedure8 to tc4pond to tbsye ri8k8 included.
CreenbAnk Scbool Llnthed Report of the Independent Auditor$ to the Trn5tees of Greeubank School LiDJited Rnouiri¢4 with mAnagemen¢ In8pe¢tion of regulatory Trds. insp¢rtion report8. submi&8Rons and other GotrespondenGe: Challenging of managcmctlt assumptions and judgements in relation to estimate& Review of journa]s entered throughoutthe year. Substantive trJnwtis)n t¢Sting. Despit¢ appropriate planning andExrforniing ourwork in accordanWith tThternational Auditing StAndBrds, tbere 8re always ith¢rent Iiulitations that non-compliance is llot acttea. Non-comp)iance with laws and regulatiolls is often furtlLcr retDoved from th¢ eVts aod traDsactions reflected ID the fiDAtioial 8latem¢nt and rnat¢Tia] n3isstat¢mts ¢hLe to fraud be deIiberately conctaled from ttuditor4 for example tbrough misTrpr&8entation, forgtry or collusion. A furtber deacription of ourrwonsibiFitics forthe auditof the fin8nctal ststuments is IixaknlontheFitwicial Reporting Councils website Lt www.frc.org.uklaudit0rwPo8lb1llti&S. This description fonLS part of our Report of the JMdeatt Audito UJ¢ of our report This report 18 made solely to th¢ Charitable Compan5 tru3tee4 as a body, in a¢[&0 with Part 4 of the Cbatitics (Accounts and Reports) Regulthtions 2008. Our audit wor has been uttdotake so that we migbt $tAte to tbe Ch8ritable coLnpwn$ trust5 th08e matt¢r8w¢ ar¢Twuird to 8tate tt) them in an auditors, report and for no othtt purpose. To th¢ fjJll4Xt extent perniitted by law, we not accept or &SSUTll¢ r¢sponsibility to auyon¢ othoz tb2n the Cbaritablecompanyand the CharitAbl¢Comp4n5 tru8te45 as a body forouraudit Wor for this repoit or for the opiDions we have fortned. JH Limitld for and on b¢h8lf of DJH Audit Limited Starntory Auditor Eligible to act as an auditor irk of Sextion 1212 of tlLe conw1 Act 2(K)6 St George's House 56 Peter Street Manchester M2 3NQ 14 February 2025 io
GreeJ)bauk School Limited Stfytement of FinAoclal Activities (including income and expendithre actOUDt) for the Year Ended 31 August 2024 fATEMENf OF FINANCIAL ACTIVTTJES Unr¢5tri¢ted fwid$ 2024 2023 Notes JNCOMB FROM: Ralsing funds Donations 8nd legaGie Other trading tiVItieS Inves¢tLents 39,016 29,513 19,307 15J82 14.844 4.978 Charitable &ctKviti Education of Scholars 2227.322 283.614 2598.772 2251,865 189,994 2.477,063 EXPEiwrrtJRE ON: Raising fiwd8 ChaTitsbl¢ acttvities Totsl 1.491 2.491.983 2,493,474 1,112 2,318,638 2Jl9,750 IYET INCOME AND NET MOVEKENf INFUNDS FOR YKAR 11)5298 L57,313 RKCONCILJATION OF FtJNDS Total fuDdg brfjueht fornrd 1,687,650 1,530,337 1,792948 1,687,650 The not&8 forni of fillal stat¢$ts li
Gre¢Dbank School Limited BAlance Sheet *t 31 Augmst 2024 BALAIYCE SBIET AS AT 31 AUGUST 2024 20 2023 Notss FIXED ASSETS Tallgible fixeAI ass¢ts 1,716.165 1,685,837 CURRKNT ASSETS Stock Debto Cash at bollk 12 13 10,130 81967 781.615 8.193 67.070 591201 873,712 666,464 Credito. amounts thi¢ witbin one year 14 (620.117) 253,595 {344,873) 321,591 TOTAL ASSETS LESS 1969,760 2,007,428 CTeditors: BmOUDts fallrng du¢ aftumore than one year 15 (176.812) (319.778) A&SETS 1.792948 1,687,650 Unmtrlcted fid8 Share eAPi General fimds 18 19 13 l.792.935 13 1.687.637 Restiicted funds 1,792,948 1,687,650 The not¢8 fomi part of these financial statements. 12
GreenbJnli Sehool Limited Bal4De¢ Sheet ai #t 31 August 2024 The Clwitable Compaoy is entitlcd to sxonption from audit under SlI0n 477 of tbe Compani&8 Act 2006 for the ye4r end 31 Au8USt 2024. The memb¢rd have not dq)osited Joti¢e. pw¥u8Qt to Se£tioll 476 of the Act 2006 requiLittg an audit of the8e financial stat¢m¢nts. The Trnstees acknowledge tb¢ir r¢4ponsibilxtyfor. (a) eusuring that the Charitable Cotnpany keeps accowttitig re that comply witb Section 386 aDd 387 of th¢ Cornp8Di¢s Art 2006.. aud (b) prwaTittg fin8n¢iai 81At¢tnmts wbich Eiveatrlle8nd fairview of tbesiate of affair8 of the CbaLitsblo Cornpany as at the end of eAch financial year and of its sutplus or deficit for each financial year iD ac¢oidanc¢ with th¢ r¢quirem¢nts of S¢¢tion 394 and 395 gnd wbich otherwise comply with tbe reqUIrema of any Companiss 2(NJ6 re]ating to fJDaThcial st&temcnts. so faras applicableto the Charitsble Con]pany. These financial ststeMCts havebeen audit1 under the requimfots of 144 of the Charitie6 Act 2011. These fin4lloxal steAts have betLwepamJill accA)rdallcewitb the8plalprOVi¥IOllI ofP8rt 15 oftbe coMni Act 2(N)6 relating to 8mall ch8Titab1ewml The fillanCi ¥tatem¢tLts weTr approv¢d by thp Bognl of TLWte¢s on lè Siged on its beholf ty. aozg Mrs L Marl 13
Greenbauk School tAmited Notes to the Fiuancial Sta¢¢Tneuts foi th¢ Y¢ar Ended 31 August 2024 STATETrIENT OF CASH FLOWS FOR THE YEAIi ENDED 31 AUGUST 2024 21)24 2023 Cash gen¢rat¢d by operatSng aedvldes (see be]ow) 486,830 330,542 Cath flow5 from Invuthig 4ttlvltl¢s: Int¢rayt income Purchase of taagible fixed assds 19.307 (172,602) (15329S) 4,978 [80,460) Cash (used in) investing activAtles (75,482) Cash flow8 from fillD¢ing etsvith¥ Repayjnent of loan$ (143,121) (218.379) (218,379) C41h (u$e41 Rn) finan¢ing #thiti¢$ (143.121) ere&%e (decgease) iti eash and eash t4va1ets tsitig tbe I.414 59L201 36,681 S5420 Cath and ¢&8b quivalents at th¢ bewing of the yt4r C48h gnd ¢Ash ¢quiv8l¢nts gt the ¢nd of the ye8r 781,615 591201 RxollciliatsotL oEn¢t mov¢m¢nl in funth to net cathflow from opaating act[viti. 21)23 Net movement ID funds Add ba¢k depreciation ¢b8rge Deduct interest income shown ia inve4tiQ8 a¢tiVAties lllcre&8e in stocks IncrSe in debtors Increasej (decrease) ia t0[8 CAth generated by operating *clRvld 105,298 142,274 (19J07) (1.937) (14.897) 275.399 157.313 142,813 (4.978) 769 2,887 31,738 486.830 330,542 14
Gre¢nbAnk School Limited Notes to the FI4clAI Ststements for the Ye•r Ended 31 Au8nSt 2024 NOYES TO THE FINANCIAL STAT£Ts FOR THE YEAR ENDED 31 AUGUST 2024 l. Company AnformatioD Greenbank School Limited 18 & c¢xnpany lirnii by sbaTES, inGQryt¢d iti Bnglalld & WAle¢. Dot&i1g of the Compauy's Principal operttions and Etwsttred officL addm c4n be found in the TrUStS, Rq)ort. 2. Accounong policle$ The principal accoutttitig policies adopt&1 jlldgemets and key Sour of estimation in the preptytion of the fin8CIal statement are 88 follow8: a) Basis of prep¥rati0n The fillanctsl state¢llts bavebtthprrporediti accordancewith A¢UntIng and RwtiJJg by Chatitiu.. Stst¢m¢nt of RQmmeded Practire applicable lo thatitie5 pryillg their aCCot8 iti accordance wkth the Fiuancial Rwtsng Standard applicablc in the UK aud Republic of Ireland (FRS 102) {effe¢tive I Janu4ry 2019)- Charitiey SORTr (FRS 102). the FinBncial R¢porting Standard applie4ble io the UK And RepubIic of JT¢laDd IFRS l(r2) and the Cott4Mnies Act 2(Xl6. Greettbftk SCI01 Limited meets the definitioD of a public beneot entity under FRS 102. A3ts liabilities are initially rogniS at histori1 cost or tsaDsoctson lUtt otherwkse stAted An the relevottt accountitig p)iicy nokg. b) PrepAr&tloll of the A¢eowits on a golng eoncern bAsis The d¢¢ounts have been wepared on the going concem basi& tll tbe TTUStees' OPiDion ther¢ ar¢ DO materi81 t)C1nets tbat aff¢¢t the ¢bxTity's ability to opernte on the going concern basi8 for the fore8¢¢able futIe e} llltome Jncom¢is re£4)lS£d itk the StAtctsent of Finallci21Activitie6 C'SOFAJ vhLeThthe cb&ritybas entitletueut to tbe fiwds, any perfonnanc¢ conditions altached to tbe iteJn(s) of incom¢have beeame4 IÉ is probable tbut tbe ineornc will be receivtsl And the atthouni can be me4sured reliably. Incom¢ for theeducation of scholars isrecogoised on att a¢cn)als basis as the educatiou is provid¢d. Atty amounts thie and not paid at tbe ye&r-end are inclvded d¢btOT3. Any arnOUD18 received in &dvonce are ¢]eferred until th¢ uil¢Ti8 for incorne TECO8tsition are meL Income from legA¢i¢s rewguised at the eaditt of the date oll which eitber. the clwity is aware that probatebas been the astste has fitia]iBoJ andnotifi¢atioD has be mad¢ by the ex¢cutorf$) to th¢ TnL5t tbat a distribution will be Dudo, or wb¢o a distribution is r¢c¢1V from tb¢ estate. Receipt of a legacy? in whole or in part. is only wnsideted probable when the amouTht can be measured reliably wheD the ¢hatity1th8 Ix•J notifi of the exe4Xtor's intetiOn to meke a distribution. Inc4)me frotn governenl and othex ts is recogDis&J the cblty has etitleMellt to the funds, any perfonnan¢e condition8 have bea) metand the amount can be reliablymeasured and 18 not defared. Donattons are aCrUted forh they are&V1 Gift Aid 18 inch&sea on arnounts [v¢ror Tecoverdble at the accoutillg date. Rental inrA)me from hire o£the hall 18 rec1)ed on an acctuais beyi4 Wh the ball is let out. 15
Greenbank School Limited Notss to tke FiDaDcial Statsments for the Year Ended 31 August 2024 tnv¢8trnciit income repru¢ntsbaT]k interest and is included in the SOFA wb¢n th¢ amoutst is receiv&bl¢ gnd th¢ amoullt ¢au bemeasuTedreliably by tbe thtty. This is nornkaily up)n Lotification of the intere8t id or payable by the bank. d) DonAted servi¢ and f¢llldeg Donated professional 8ttYic¢s and dat] facilities aTe twis as ino)me when tb¢ ¢harity ha8 ¢ontrol over the ony Conditions 0¢led with thE donated ite4n have been m¢L the receipt of eooThornic btstt¢fit from the use by the cl)arity of the Ite 18 probable and th¢ ¢couomic benefit caa be measured reliably. In accordance with the C]]aritits SORP (FRS 102), the geotni Volutttr time of Trustth8 is not rex018. e} Expenditr¢ Expedijre is Tt£ognised orLce thue is a legal or c(rftllye obligation to make a paym¢nt to a third party. it is probable that settle£t bE requiruj and the amount of th6 obligatioll be measur rdiably. Expendibjrn is c]&ysified under heading3 that agwte all eosts related to the ¢&tegory. WELere costs annotbe duxtly attributed to a partiou]ar oryJ th¢y ar¢ allocBted to activities oll a b&is consistent with tbe Lqe of the re8ources (see rtote 7). fj PeDJion co•ts Thegroup operates a defiacontnUtiooP1aD forits enwloyeea. Adefinl CODtiiti0Thp1aTh is ap¢nsiott pIAll under which the group ptt fixed contnbutiojts into & gepirats erttity. Oncx the contributions have Lell paid the group ba8 no fiJrthpay[llellt obltion& The contributions are reeognised Ms In eKrnse iti the Ststem¢ttt of Filncial Activities thry fau due. Arnount8 Dot paid ar¢ sboTWa in accruals as a liability in tbe ststan¢nt of fanCiAl position. The a&%ets of thc platt aTeheld septrately from the group in indedtlY administered fimds as they become payable in occord8Dce with the rDle8 of th?8theDJ g) Tanbk fLTed asgets Jndividual fixed assets costiug £500 or more att wits]ised at cost and are deprecia4 over their estim&ted usefid lives on a sttaight-line basis as follows: Freebold land Fftchold prop altetation8 Office fLXtur¢8 8Dd fitting8 MotorVebicl<% Nil% per 20%, 10%, and40A annum 21PA per snnum 25°A P aDllUllL h) Stockj Stocks are valud at t]Le lowttof cost alld re41isablevalu i) Debtor5 Trade and other debtots are rWgll1s at the settlem¢nt amount due alltt auy discoullt offcred. PrepanentY are valued at the amowit prepid Let of any dis¢oullts du& J) Credltor8 alld pr•tsRotts Creditors and provisions are re¢ogoiseAI wbety tbe clJATity bas a pr&%ent obligation from a pa8t event that will probably TE8uIt in the traDsfer of fwids to a third pany ar&d the amount due to settle th¢ obligation can k Measur or estimated reliably. CdIto and provi5ion3 are nQllDally rxognised at thetr $ettl¢tnent Dmouot afterallowiog for 8t¢y trwje disc(. 16
Greenbank Sehfjol Llmited Note$ to the Financial Statements for the Year Ended 31 August 2024 k) Ffillanex lustrnments The charity has financial assets and financial liabiknties tb&t qudify IK)th ba81¢ ond other insments. Ba8i¢ fiuancial lnstnrllts are it)iti8lly T¢slSe &t transaction valu¢ and subsequently m¢asured at thelr settletneni valu4 with the exwtitm of i]k loau8 wbi¢h are 8Ltha¢qu¢ntly me88ured at amoNi8ed cost willg thr Effective intetesl rllethc Financi a&8ets cojkwist of trade and other det*ot¥ aad lash at bank. Financial liabilitie8 consi8t of bank Othtt fin•tscial i08truD)¢nts for at tboxr fair Va through tlL8 ststotnent of financial activities. D Funds RtrIcted fimds are fiIDds wbith are to be iti ac¢ordAn¢e with Se]fiC r¢strirtioll8 impo8&1 by doaors or whith have been raised by the ChaTitsbl¢ Compaoy for partiodar puxpwu. UJJtt8(TiCted fuud8 fund8 vlhicb C8D t¢ used in OrdanCE with the charitable objlives at the di&¢rdioll of the Trtte. The ClJatitAble Company currently ljas restticted fimds. 3. DonAtions 3nd l¢pcÈes 2024 2023 Don8tion8 39.016 15J82 39.016 15,382 4. Other lrnding actilIeS 2024 2023 Hall hire Other itLcome 23,02S 6,488 9.790 5,054 29,513 14,8M 5. tnvestment income 2024 2023 19307 4.918 19J07 4,978 17
GreeDballk Schotsl Litryit¢d Notes to the Flllneial Statements for the Year Ended 31 August 2024 6. tn¢ome from ehArttb]e activltles 2024 2023 Gross fees Le85: total bur5atlaS> 8rnnts and allowanc 1.281.913 (64.340) 1217.573 1.173.772 {52,548) 1.121224 Extra-currith3lBr Bctiviti&4 and lullch auvice Pre atrf school care Holiday dub Swimming incgme NuTSCry fe 122,840 13,687 2.919 11227 859.076 110,498 18,787 13.034 12.268 976,054 2227,322 2.251,865 Nutsery Brant 283,614 189.994 2,510,936 2,441.859 The Dur8¢ry graDe 15 8 govetllm¢nt gr¢ to thc Sthool for offwiryg up to 30 free hours of chitdrwe perwe& to 3 And4 year old5. 18
Greenbank School Limited Note8 to the Financial Statements for the Year Ended 31 August 2024 7. Expell8e$ 2013 Ch#ritsb ¢t5Ylll (cxdtydlllg Expobs¢typD: Ia6 5111 ¢• T•l•Y bxi rtrd¢hith8 Jdari Dornc8ti¢ saiari Athniuistrauoll sulaTi¢S Ernployu'8NatioD In$ur4 Ernpjoyer'a penrrion Contributions scheme athinistsatiun costs Purth&5e ofmataia15 F(xKi andrnilk GatnES wipm¢nt Holiday club ws 1215.075 76.731 105,744 63951 4.039 5.565 i.r,026 1.226.733 78.152 105.669 Ptrcent PtagE 111,309 107.638 5.665 J13,303 9I87T 111998 5J95 117.893 9,456 37246 203,WI 483 835 102 12392 685¥J 8.881 8.199 20gn 9.456 37,246 203,991 8,422 39.702 164,932 956 4J37 1,770 11.SJ3 35h70 ?,621 (5,729) 22J53 3541 3251 359 20,627 41,307 75,453 6.066 7,420 13.932 2.362 7.W20 Di Di Di DiTt¢t 835 113Y2 69,286 8,881 8.199 202 3.225 3.940 H¢Nt and Light tffj¢r rotes Water r8te9 ltssuraDce Ttlephone Prittun8 Ind stationtty PrMt88e Adverti5itL8 Repait iDdTtt&int02 Cleatiing Photo¢Ier Itasc Sub¥LTiptirn$ Sundries Baak c&Jr84y Auditfttg Dwt D1 Dirett 19.177 49.566 79.033 5950 19.177 49.566 79.831 5950 798 Di DirtL DiTe4 20530 2,702 2,702 9J 93(KJ asser5 Staff trainin8 142374 s8 29.062 142,274 142,8J3 8.845 Dire¢i Diteet 29,(2 Bad debtcost Leg ftts Prof0r1•] fff4 9.688 24.C63 Intucapayable BvTS#ry Cost 25,327 25 J27 870 262 28.768 Diru 262 Tribunal t4)Sts Dittel 2J87.880 104.103 1493,474 1319,750 1,491 1491983 1.491474 U19,7$0 19
GreenbAok School LiJ)Jited Note8 to tbe FiJJAnci81 StsteD)eDts for the Year Ended 31 August 2024 8. Governance Costs 21)24 2023 Tea¢bing salaries Domestic 8alaries Admitsistration sal18$ Ejnployer's National Inwan¢¢ E)nployer's pensioll contribthioD8 Audit ftr Leg8J fees Pmf&85ional feca 63,951 4.039 5J65 5.665 5,895 9.300 61,337 3.908 5.283 4,844 5.506 7,020 9.688 24,063 I.103 111,961 9. Attalysls of staff co8 Trustee remwieration #nd expEnse8 the £0st Df key management p¢noDnel 2024 Wages and salariea Sociat security costs Subcontract labour Pension ¢osts 1,412,318 113,3 58,787 117,893 1,355,011 96,877 55.543 110.121 1.702,301 1,617,552 TheTrnsteeA werenotpaid tLorrerx1v anybthefits fromempl0ymentwiththechity1titheyeaT[2O23. £Nil); n8itherweretheyTeimbursedexp¢ry3&5duriDgtbeye8r(2023: &Nil). NoTTU8teereeeiv&lpAymettt forpmf1Oaaj or other sovices 8upplied to the chatity (2023: £Nil). The total ejnp10y bfjfits of the key raanagement pu3onThol of tho charity wue £261.788 (2023: £250.452). 10. St4ff ttMmber$ The average w¢ekfy of $tsff employed. cAli>Jlated as fi-tme equivalents dutitig the year was as follows. 2023 41 Direct charitsble wo Athoinistrativ¢ 41 47 47 20
Greenbank Scbool Limited Notes to the FlnaftcAal Ststemellts for the Year Ended 31 Aug¢ Z024 11. TaDgible Aets land and buildittgs Fixture4 rittings Motor Vehicles Total Cost As ut I S¢ptemb¢r 2023 Additions 2.780.917 50.733 359,2 71,430 3.140,117 172,602 50,439 As at 31 August 2024 2,831,650 430,630 50,439 3,312,719 Deprttl&tlon At I Septernber 2023 Charge for tbe year 1.202.646 93.849 251.634 39.848 ,454,280 142,274 8,577 As at 31 AUg5t 2024 1.296,495 291.482 8.577 1.596,554 Net book valae At 31 Augw¢ 2024 1.535.155 139.148 41,862 1,716,165 At 31 Augug 2023 1.578.271 107.566 1.685.837 All fixeA&&*ts held areu8ed fordir¢& cbgritsblepuypw. Includotwithin iandandbuildings is freebo land included at a cost (1 £8(MIOOO (2023: £8,000) Whic in accordallce with th¢ accounting PDIicy noted on pag¢ 16. is not deprectat ' Except under an order of tbe regkstrtr. no dwsition by the proprietor of the 18nd ts to be registered without the consent of the propri¢tQT of the Charge infavour of the Royal Bat)k of S¢xitland PlcrefeErol to in the Cb2rg&4 Register. 12. Stock 2023 S¢hool matsrials 10,130 8,193 10.130 8,193 13. Debtorg 2024 2023 Trade debtors Ots debtors and prepwthts 34.868 47.IW9 24.763 42,307 81,967 67,070 21
GreeDbaDk School Limited Notes to the FinY4Dcial Staternents for the Yr Ended 31 Augugt 21124 14. Credltori: onts falllng due 7Vithin one y 2024 2023 B&nk loans and ovezdrafts (sethred) Trade creditots Other creditors Payments in advanc¢ Sooial security and other tsxes Accruais 64.7(Ki 29.740 45,410 439,076 27,522 13,669 64.855 60,006 47,527 130.716 27.932 13.837 620,117 344,873 Paym¢nts in adv8n Advanced paellts at I Septetulxr 2023 Amouni received in the ye8r Arnouot ttleas>J in the year AdVa¢¢a payTuents at 31 August 2024 130,716 439,076 130 716 439.076 Payments iti advanee ]8¢ wher¢ parults hav¢paid for tbe autumn t'S during the SUD]merterni. 15. Creditors: amounts falling due after mor¢ thlts otse year 2024 2023 Bonkloatss (srLured) 176,812 319,778 176,812 319,778 Irtcluded within the baok108n& i8 £0 (21Y23: £58,407) the after 5 ye4r8. 16. Flllanciai illstrumellts The chuLityh08 the following fuwicial instsDmen 2024 2023 Finau¢ial a&gcts that are debt in3iruEDeuts at amortised ¢osL TTade debto 34.868 24.763 . Financial liabi]iti&5 meuured at a[nortij cost Ttade crnlito 29.739 13.669 241.512 60,006 13,837 384,633 lo&n8 8od overdrafts 284,920 483.239 The bank loans of £241.512 (2023: £384.633) aresecuredby a leg81 ehÈrEe OrinllY dated 8 De4xmb 1993 and debenture dated 22 July 2008 which ¢1nS a fixed and floating charge over tbe undertaking aTLd all prottrty ond present and future irycluding goodwill, bad debts, Willed capitsl, buildkO8S* 22
Greenbank School Limtted Notes to the FiJJan¢iAI Ststements for the Year Ended 31 Augurt 2024 17. TvAatton The kelivities of the cbHrity are exeJllpt from corFrntion tsxAtion ulldet section 505 of Ibe and c¢)4)OrationT Act 1988 to thecxtcnt thatthey ate appliedto theorganisation'8 Ch5ble obJtives. 18. Called up she ¢ApitsI Allotted. issued and fully p. NomillJ value 21)24 2023 £1 13 13 Th¢ th8Tityis 1nwry0Tat as a (x)TDPPDy limited by aba 8nd me]nbers' liability is ]imited to £1 each. cas¢ of witiding up nOD¢of the acGuTnulated fijnds edIStrIbubIt to the members, but shall be given, or tranSfe¢d kn. 80mo other cTrwitable institittion haTriDg similar obje(ive¥. 19. Movement in funds Net rnovement At 31 Au8USt 2024 I S¢pt¢Tnb¢r 2023 Unrestrleted fvnds General fiujd Share ¢apitsl 1.687.637 13 1.687.650 105298 1.792.935 13 105,298 1,792,948 Net movement in funds, included in the above are 8s follows: Mov¢m¢nt in fan&8 TJIeStrIcted thnds General Ojnd Share capital 2598,772 1493.474 105.298 2.598,772 2.493.474 105.298 20. Related party tran$tiOnS and ultimate contro]]ing paTty sh may only be held by Trustee5. Thue w&5 DO ultirnate CODtrolliDg party duDng the ycar There are no related paty transactions that rw]iTr diselom)re for eith the current or tbe comparattve 21. Capitsl tonunltments 2023 Contractedbut not provided forin the 6nanci 8tat¢met 23
Gree)Jb*llk Scknool Limited Not to the Flnancial Statements for the Year Ended 31 August 2024 22. Operating Lease Commitment At thereporting end dat¢ the charity had wtrtanditig ojulltlltmets for fithwe minimuJJJ leasepayments der ooJ)-cafLcellable leases. which fall due as follows: 2024 2023 Within one year Betwe two Aod five ye4TS 6,383 4.591 6383 10,974 10,974 17,357 24