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2025-08-31-accounts

Trustees MrARCollinson
MrMFisher
Mrs WPreston
MrPDyer
DrRJackson
MrHRoberts
MrDwilkinson
MrRBurgess
MrSQuick
MrJGleasure(appointed 1.3/03/2025)
MrPBenson(appointed22/0712026l
Headmaster DrCPyle
Administrator MrsCLodge
Registered Office East Road
Lancaster
LA13EF
lndependentexaminers Saint&Co
TheOldPoliceStation
ChurchStreet
Ambleside
Cumbria
LA22OBT
Bankers Yorkshire Bank
45PennyStreet
Lancaster
LA11UE
Barclays BankPlc
Market Street
Lancaster
LA11HR
National WestminsterBankPlc
58 ChurchStreet
Lancaster
LA1lLN
Solicitors Blackhurstswainson Goodier
3&4AalborgSquare
Lancaster
LAl1BJ

Charityame Charityumber
TheLRGSPrizesCharity 1090614
TheLRGSBoardingCharity 1090615

Yearto Yearto
August August
2025 2024
J{ote Endowment
f
Unrestricted
f
Total
t
Total
t
lncoming resources
lncomefromgeneratedfunds
lncomefromdonations,legacies andgrant income 3
121,036 121,036 694,t86
lncomefromother trading activities 4 227,O93 22L,O93 225,009
lnvestment income 5 15,881 15,881 8,763
Totalincoming resources 2t6,974 121,035 358,010 927,954
Resourcesexpended
Costofraisingfunds
cost of generating voluntary income 6 66,2L1. 66,2tt 56,085
costs for generating funds:
Mortgagelnterest 34,727 34,727 31,153
34,72L 66,211 too,932 87,238
CorporationTax
Expenditure on Charitable activities 7 190 97,403 97,593 87,O77
Totalresourcesexpended 34,911 163,614 198,525 174,315
Netincomin&/(outgoing)
resources beforetransfeE
202,063 i'42,578]. 159,485 753,643
Transfers (60,699) 60,699
Netincoming/(outgointl
resourcesbeforeotherrecognisedgainsandlosses
L4L,364 18,121 159,485 753,643
NetRealised/Unrealised&ins/(losses) on
investments (163) (153) 362
Netmovementinfunds t4t,20l ta,t2L 159,322 754,005
Reconciliation offunds
Total fundsbtought forward at
ISeptember 2024
1,981,337 698,250 2,579,5871.925.582
Total funds carriedforwardat31August2025 2,722,538 7L6,37t 2,838,9092.679.547

Yearto Yearto
Note Augun2025 Autust2024
Total Total
E f
Fixed assets 8 2,500,000 2,s00,000
lnvestments 9 4,62t 4,7U
CurrentAssets
Debtors 10 28,775 36,252
Cashat bank 716,588 698,340
7M,702 734,592
Creditors falling duewlthlnoneyear 11 (1s8,116)(1s0,9s6)
Netcurentassets/(llabllltiesl 586,586 s83,635
Totalassetslesscurrent llabillties 3,O97,207 3,088,420
Creditors falling dueafterone year 72 (2s2,2991 (408,833)
etassets 2,838,9092,679,587
Representedby
Endowment fund 13 2,122,538 1,981,337
Developmentappealfund 13 691,880 667,381
sedgwick bequest for works ofart 13 131 131
Lunescholarship 13 20,465 27,864
Opportunities fund 13 3,895 2,874
2,838,9092,679,5A7

2 Netincome/(expenditurelfortheyearinclud6:
zo25 2024
Staff costs 39,102 35,486
lndependent examination 3,458 3,306
3 lncomingresourcesfrom chadtable activities
2025 2024
Covenants/Gift Aid Donations 79,574 728,840
lncomeTax Recoverable 76,402 L7,664
lnspirus Project Donations 60 60
Legacies 25,000 547,622
t2t,o36 694,186

4 lncomefrom other trading activities
2025 2024
Rentalincome-LRGS 175,000 175,000
Rentalincome 46,093 50,009
22t,O93 225,OO9
5 lnvestmentincome
2025 2024
COIFDividends 851 947
Bankinterest 15,030 7,4L6
15,881 8,763
6 CostofGeneratint Voluntarylncome
202s 2024
Staff costs 39,1O2 35,486
Travel,Accommodation and Hospitality 6,725 8,321
Othercosts 16,916 4,792
AccountingServices 3,468 3,306
66,217
55,905

2025 2024
Grants madetoschool inrespectof
-DonationtowardtheSchool
-DonationstowardSchoolequipment 7,266 934
-DonationstowardRowingEquipment
- Pupilsscholarships viaLuneScholarship 9,801 6,722
- lnspirUSCosts 32,987 29,587
- Extra Curricular/AnnualFund 42,269 46,684
- Bursaries 300 180
-OpportunitiesFund 3,980 2,920
-Donations of Lettings lncome 190 50
-classics Funding 800
97,593 47,o77

Freeholdland
&Buildings Total
At cost
BalanceatlSeptember2024 2,500,000 2,500,000
Additions
Disposals
Balanceat3lAugust2025
2,50o,qr0 2,5qr,fir0
Depreciation
Balanceat1September2024
Depreciationchargeyear
Balanceat3LAugust2025
Net book value
At31August2025 2,s00,000 2,500,000
At3lAugust2024 2,500,000 2,500,000

lnvestments
2tsltt,9t9 UT Total
COIFunits Equities
Cost
BalanceatlSeptember2024 1,206 1,,206
Additionsintheyear
Disposals intheyear
Balanceat3lAugust2025 1,,206 t,206
Marketvalue
BalanceatlSeptember2024 4,784 4,744
Additionsintheyear
Changesintheyear (163) (153)
Balanceat3lAugust2025 4,621, 4,62t

2025 2024
Rent onSummerLets 22,540 28,545
Accruedlegacyincome
Accrued bankinterest I2qq
lncome taxongiftaid andcovenants 3,298 3,404
28,tts 36,252

reditors duewithinoneyear
2025 2024
Bankloans 154,601 '147,458
Amounts owedtoLRGS
Tradecreditors 155 138
Accruals anddeferred income 3,360 3,360
CorporationTax 158,116 150,956

202s 2024
Bankloans 252,299 408,833
Amounts owedtoLRGS(note15)
252,299 408,833

13
Funds
Sedgwick
Bequestfor
Endowment Development worksof Lune Opportunities
Fund AppealFund Art Scholarship fund Tot.l
t e. f e f
openingbalance
atISeptember
2024 1,981,337 667,381 131 27,464 2,874 2,679,587
Net(outgoing)/
incoming
resources 20,-,900 (36,200) (7,399) 1,O21 759,322
Transfers (60,699) 60,699
2,t22,538 691,880 131 20,465 3,895 2,838,909

S€dgurick
Bequestfor
Endowment Development worksof Lune Opportunities
Fund
E
AppealFund
C
Art
C
Scholarship
f
fund
t
Total
f
Openingbalance
at1September
2023
-J,,ao7,77t 99,381 131 72,505 5,794 1,,925,542
Net(outgoing)/
incoming 202,937 538,635 15,359 12,s2ol 754,005
resources
Transfers (29,36s) 29,365
L,98!,337 667,387 131 27,864 2,474 2,679,s87

AnolysisoIc hatwnetossetsb etween lundslot 2025
Sedgurick
Endowment Development Bequest for [une Opportunities
Fund
c
AppealFund
f
worksof Art
e.
Scholarship
E
fund
f
Total
t
TanBiblefixedassets 2,500,000 2,500,000
lnvestments 4,62r 4,627
Debtors 24,477 3,298 28,Lts
Cashatbank 692,O97 131 20,465 3,89s 715,588
Creditors (406,900) (3,s1s) (410,41s)
2,L22,538 691,880 131 20,465 3,895 2,838,909

Analysisofc hotitynetossetsb etween lundslot 2024
Sedgwick
Endowment Development Bequest for Lune Opportunities
Fund AppealFund Works of Art scholarship fund Total
c f f C f f
Tangiblefixedassets 2,s00,000 2,500,000
lnvestments 4,784 4,744
Debtors 32,844 3,408 36,252
cash at bank 667,471, 131 27,464 2,47 4 698,340
Creditors (556,291) (3,498) (ss9,789)
1,987,337 6673At 131 27,864 2,874 2,679 587

2025 2024
Grosssalaries 28,900 27,403
Social SecurityCosts 4,335 2,527
Superannuation 5,467 5,556
39,702 35,486