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|Trustees||
|---|---|
||MrARCollinson|
||Mr MFisher|
||Mrs WPreston|
||MrPDyer|
||DrRJackson|
||MrHRoberts|
||MrDonaldWilkinson|
||MrRodBurgess(appointed15March20241|
||MrSteven Quick(appointed13June 2024)|
|Headmaster|DrCPyle|
|Administrator|MrsCLodge|
|RegisteredOfIice|East Road|
||Lancaster|
||TAl3EF|
|lndependentexaminers|Saint&Co|
||TheOldPoliceStation|
||ChurchStreet|
||Ambleside|
||Cumbria|
||LA22OBT|
|Bankers|Yorkshire Bank|
||45 PennyStreet|
||Lancaster|
||LAl1UE|
||BarclaysBank Plc|
||Market Street|
||Lancaster|
||LA1lHR|
||National WestminsterBank Plc|
||68 ChurchStreet|
||Lancaster|
||TA1lLN|
|Solicitors|Blackhurst SwainsonGoodier|
||3&4AalborgSquare|
||Lancaster|
||LA11U|
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|||||||Yearto|Yeaato|
|---|---|---|---|---|---|---|---|
|||||||Autust|Autust|
|||||||2024|2023|
|||J{ote|Endowment
C|Unrestrlcted
C||Total
e|Total
t|
|lncomintresources||||||||
|lncomefromgeneratedfunds||||||||
|lncome from donations,legacies andgrantincome||3||||||
||||||694,186|694,186|224,813|
|lncome from other trading activities||4|225,009|||225,OO9|193,934|
|lnvestment income||5|8,763|||4,763|1,630|
|Totalincomlng resources|||213,772||694,185|927,958|420,177|
|Resourcesexpended||||||||
|Costof raisint funds||||||||
|Costof generating voluntary income||6|||55,08s|s6,085|51,353|
|costsfor generating funds:||||||||
|Mortgagelnterest|||31,153|||31,153|45,783|
||||31,153||56,085|a7,234|97,t36|
|CorporationTax
Expenditure on Charitable activities||7|50||87,O27|a7,o77|144,793|
|Total resources expended|||31,2O3||t4t,tt2|174,315|245,929|
|Netincomin&/(outgointl||||||||
|resources beforetransfers|||202,569||551,074|753,643|174,448|
|Transfers|||(29,36s)||29,365|||
|Netincomin&/(outtolngl||||||||
|resou:ces beforeotherrecotnisedgains and losses|||173,204||580,439|753,643|174,448|
|NetReallsed/Unreallsedgains/(lossesl|on|||||||
|investments|||362|||362|(87)|
|Netmovementinfunds|||t7t,566||580,439|754,005|t74,t6t|
|Reconciliation offunds||||||||
|Total fundsbrought forward at||||||||
|ISeptember2023|||I,4o7,777||117,811|7,925,542\751,221||
|Total funds carriedforwa.dat3lAugust2024|||1,981,337||698,2s0|2,679,s87t,92s,5A2||
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|||Yearto||Yearto|
|---|---|---|---|---|
||Note|Autust2024|August2023||
|||fotal||Total|
|||C||e|
|Fixed assets|8|2,500,000||2,500,000|
|lnvestments|9|4,784||4,422|
|CullentAssets|||||
|Debtors|10|36,252||23,L43|
|Cashatbank||698,340||273,964|
|||734,592||297,707|
|Credltors falling duewithinoneyear|11|(1s0,9s6)(32s,4s21|||
|Netcurentassets/(liabilitiesl||583,636||(28,345)|
|Totalassetslesscurrent liabilities||3,O88,420||2,476,O77|
|credltoEfallingdueafteroneyear|72|(408,833)||(550,49s)|
|etassets||2,679,5a77,925,582|||
|Representedby|||||
|Endowment fund|13|1,981,337||7,4O7,777|
|Developmentappealfund|13|667,381||99,381|
|Sedgwickrequest for works ofart|L3|131||131|
|Lunescholarship|13|27,a64||12,505|
|Opportunities fund|13|2,a74||5,7|
|||2,679,587||t,92s,sa2|
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|2|et lncome/(expenditu;elfo?the year includes:|||
|---|---|---|---|
|||2024|2023|
||Staff costs|35,486|35,319|
||lndependent examination|3,306|3,696|
|3|lncomintresourcesftom charitable activities|||
|||2024|2021|
||covenants/Gift Aid Donations|128,840|166,315|
||lncome Tax Recoverable|t7,664|24,O90|
||lnspirus Proiect Donations|60|14,158|
||Legacies|547,622|20,250|
|||694,186|224,873|
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|4|lncomefrom other trading actiyitles|||
|---|---|---|---|
|||2024|2021|
||Rental income-LRGS|'175,000|175,000|
||Rentalincome|50,009|18,934|
|||22s,OO9|193,934|
|5|lnvestmentincome|||
|||2024|202'|
||colFDividends|947|645|
||Bankinterest|7,8I6|985|
|||8,763|1,530|
|5|Costof Generatingvoluntaryincome|||
|||2024|2023|
||Staff costs|35,486|36,L20|
||Travel,Accommodation and Hospitality|8,321,|2,330|
||Othercosts|8,792|7,909|
||AccountingServlces|3,306|4,994|
|||s5,905|51,353|
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||2024|2021|
|---|---|---|
|Grants madetoschoolinrespectof|||
|-DonationtowardtheSchool||50,277|
|- DonationstowardSchoolequipment|934||
|- DonationstowardRowingEquipment||4,777|
|- Pupils ScholarshipsviaLuneScholarship|6,722|9,827|
|- lnspirUSCosts|29,547|26,476|
|- Extracurricular/AnnualFund|46,684|52,457|
|- Bursaries|180|350|
|-OpportunitiesFund|2920|4,249|
|-Donations ofLettingslncome|50||
|- ClassicsFunding||500|
||a7,o77|L48,793|
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||FreeholdLand||
|---|---|---|
||&BuildlnBs|Total|
|At cost|||
|Balanceat1September2023|2,s00,000|2,s00,)o|
|Additions|||
|Disposals|||
|Balanceat3lAugust2024|2,sfi',(x'O|2,sfit.(xto|
|Depreciation|||
|Balanceat1September2023|||
|Depreciationchargeyear|||
|Balanceat3lAugust2024|||
|et book value|||
|At31August2024|2,500,000|2,s00,000|
|At3lAugust2023|2,500,000|2,500,000|
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||235h1,939|UK|Total|
|---|---|---|---|
||COIFunhs|Equitles||
|Cost||||
|Balanceat1September2023|L,206||7,206|
|Additionsintheyear||||
|Disposals inthe year||||
|Balanceat31August2024|t,206||7,206|
|Marketvalue||||
|Balanceat1September2023|4,422||4,422|
|Additionsintheyear||||
|Changesinthe year|362||362|
|Balanceat31August2024|4,744||4,784|
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||2024|2023|
|---|---|---|
|RentonSummerLets|28,545||
|Accruedlegacyincome||20,000|
|Accruedbankinterest|4,299||
|lncometax ongiftaid andcovenants|3,408|3,143|
||36,252|23,143|
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||2024|202'|
|---|---|---|
|Bank loans|L47,458|146,156|
|Amounts owedtoLRGS||L74,554|
|Tradecreditors|138|1,382|
|Accruals anddeferred income|3,350|3,360|
|CorporationTax|||
||150,956|325,452|
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|13
Funds|||||||
|---|---|---|---|---|---|---|
||||sedgwick||||
||||Bequestfor||||
||Cndowment|Oevelopment|worksof|Lune|Opportunities||
||Fund|AppealFund|Art|scholaiship|fund|Total|
||E|C|C|E|C|€|
|openingbalance|||||||
|at1September|||||||
|2023|1,807,771|99,381|131|12,505|5,794|7,925,582|
|Net(outgoing)/|||||||
|incoming|||||||
|resources|202,93L|538,635||15,359|12,e2ol|754,OO5|
|Transfers|(29,36s)|29,365|||||
||L,94L337|667,381|131|27,864|2,874|2,679,587|
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||||s€dgrrrlck||||
|---|---|---|---|---|---|---|
||||Bequestfor||||
||Endowment|Development|Wo*sof|Lune|Opportunities||
||Fund|AppealFund|Art|scholarship|tund|Total|
||t|C|e|C|E|C|
|Opening balance|||||||
|at1September|||||||
|2022|1,674,705|45,880|131|20,282|1o,223|7,757,22L|
|Net(outgoing)/|||||||
|incoming|749,694|36,873||(7,7771|(4,4291|174,36L|
|resources|||||||
|Transfers|(16,628)|t6,628|||||
||L,807,77L|99,381|131|12,505|5,794|1,925,s42|
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|AnotysisoIc|hotwnetosselsb|etween lunds,ot|2024||||||
|---|---|---|---|---|---|---|---|---|
||||Sed$rick||||||
||Endowment|Oevelopment|Bequest|for|Lune||Opportunities||
||Fund
C|AppealFund
f|Works of|Art
I|Schola]ship
f||fund
f|Total
C|
|Tangiblefixedassets|2,500,000|||||||2,500,000|
|lnvestments|4,784|||||||4,784|
|Debtors|32,844|3,408||||||36,252|
|Cashat bank||667,477||131|27,a64||2,874|698,340|
|Creditors|(ss6,291)|(3,498)||||||(ss9,789)|
||r,98t,337|667,381||131|27,864||2,a74|2,679,587|
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|Anotysisolc|hority netossets|belrreenlundstot|2023||||
|---|---|---|---|---|---|---|
||||Sedturick||||
||Endowment|Development|Bequestfor|Lune|Opportunities||
||Fund|AppealFund|Works ofArt|Scholarship|fund|Total|
||f|C|c|t|f|e|
|Tangiblefixedassets|2,500,000|||||2,s00,000|
|lnvestments|4,422|||||4,422|
|Debtors||23,743||||23,743|
|Cashatbank||255,534|131|12,505|5,?94|273,964|
|Creditors|(696,6s1)
'r,,807,77t|(t7e,2e61
99,381|131|L2,505|s,794||87s,947],
7,925,582|
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||2024|2021|
|---|---|---|
|Grosssalaries|27,403|27,868|
|SocialSecurityCosts|2,527|1,695|
|Superannuation|5,556|6,557|
||35,486|36,L20|