Charlty ￿5$￿1110n number $27294
Cabry)any reglstratlon number 00612443 (England al￿ Wales}
AYSCOUGHFEE HALL SCHOOL LIMITED
ANNUAL REPORT ANO FINANOAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
•AE20PVTI•
1f40512025
COMPANIES HC
A19

AYSCOIJGHFEE HALL SCHOOL UMITED
LEGAI AND ADMINISTRATNE INfORMAmOM
Trustees
AECole
E 0 5neath
J White
S Neal
J Jeffries
T L Wright
Ms E Gibson
Mrs T A Baxter
8 Fairbrother
B Gromett
(Appointed 2 Ortober 20231
(Appoinied 24 June 20241
(Appointed 24 June 20241
Chalrman
S Neal
Chaiity number
527294
Company number
612443
Re8i5tered 4Jrfi¢e
Welland Hall
London
Spalding
Linc5
PEII 2TE
Auditor
TC Group
14 London Road
Spalding
Lincolnshire
PEII 2TA

AYSCOUGHFEE HALL SCHOOL UMITED
copirENTS
Trustees. report
i-ii
Statement of Trustees, responsibilities
12
Independent avditor's report
13-16
stsiement of financial activiijes
17
Balance Sheet
18-19
Notes to the financial ststements
20-32

AYSCOUGHFEE HALLSCHOOL UMITEO
TRUSTEE5' REPORT (INCLUDING DIREcfoRS' REPORn
FOR THE YEAR ENDED31 AUGUST2024
The Trustees. who are also the director5 of AystouBhfee Hall School ￿mIted. ha￿ pleasure in subYritknn8 their
annual report. together with the audited financial statements of the Charity for the ￿ar ended 31 August 2024.
DiiectorlTr￿tQe Responsibllitses
Company law requires us as directOf5 to prepare financial ststements for each financial year whith give a true
and fair view of the state of affairs of the company and of the profit or loss for that year. In preparing these
financial ststements we are required to..
. Select suitable accountin8 policie5 and then apply them con5iStentty;
Make judgements and estimates that are reasonable and prudent,.
Prepare the financial ststements on the going concern basis. unless it is inappropriate to presume that
the company will continue in business.
We are responsible for keepin8 proper accounting retords which disclose, with reasonable accuracy at any
time. the fin3ncial position of the company and to enab￿ us to ensure that the linancial statements comply
with the Companits Act 2[￿ and the recommendation5 in Accounth"ng and Reporting by Charities.. Stateffent
of Recommended Pra¢ti¢e. We are also ￿sPOnsible for safeguarding the assets of the company and he￿￿ for
takin8 reasonable steps for the prevention and deteth.on of fraud and other irreiularities.
In 50 far as the Trustees are aw7re=
There is no relevant audit inforrnation of which the compan￿5 auditor is unaware,. and
The Trustees have taken all 5tep5 that they oveht to have taken to make themselve5 aware of any relev3nt
audit inlormation and to establish that the auditor is awa￿ of that information.

AY5CQUGHFEE HALL SCHOOL LIMITED
TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORn IcoiinNUEDI
FOR THE YEAR ENDED 31 AUGusf2024
Oblectives and activities
Objeciive5
The objectives of the charity as deiailed in the Memorandum of Association are to develop. extend and carry
on the school to provide a liberal and sound tducati¢)n for all pupils.
The aim5 and values of the school are-
. To ensure each child has the best possible education by gNing them personal attention, a happy atmosphere
and dedicated staff. The children are Èxperted to work hard. to respert others and to Cctoperatè in the smooth
running of the school. Children are encouraged to Y5e their own initiative and take on responsibility as they
wrrf)ve through thè school. We pride our5el¥e5 on producinB well-motivated. confident and happy children.
To educate our children through a broad and b31anced curriculum, with a wide range of extr&currlcular
activities. so that each child can achieve their full poiential. When chIld￿n feel happy and supported they can
zrow in self-esteem and conlidente and then the sky is the limitl This is achieved via teachin8 methods that
inspire an enthusiasm and love of learnin& whh¢h bn tum will enable a confident move to the nert sage of
educatbon.
Throughout the school there is a twofold purp05e'. to enable the children to learn as much as possible
according to their individual abilities. and to be happy in an enwronment of learning.
In considering their objectives and planning their activrties. the Trustees gNe careful consideratfjon to the
Charity Commission's general 8uidan¢e on public benefft.

AYSCOUGHFEE HALL SCHOOL UMITED
TRUSTEES. REPORT {INCWOING DIREcfoRS' REPORT) {CONTINUEDI
FOR THE YEAR ENDED 31 AUGUST2024
Adknt6es
The school meets its tharitable aims through the provision and advancement of educall.on and sport. Fees are
maintsined at a level well below the independent sertor average on the principle that the maximum numbèrs
of parents can benefit from an independent educafft.on for their thildren. The major sourtt of income is from
school fees and all surplus fund5 are re-in¥e5ted in facilitie5 and resources to benefit the education of our pupil5
or held in reserve for the further development and upkeep of the school.
Class sizes are small, helpin8 to foster the school's family values and atmosphe￿ and the carin& individual
approach which encourages a positive athtude to learnin8. Hi8hly experienced teachers are supported by well-
trained support staff to ensure that all children receive the in(Sividual attention they require. The last full
inspection (Ortober 20241 judged the xhool to be meetin8 all standards in all five areas of the inspection
criteria. Pupil attainment was judged to be well above average for their age,. throughout the school it was found
that 'Teacher5' high expertations are combined with lessons that are characterised by en838ing content. This
encourages pupils to be engaged in their learnin& self-motivated and enjoy 3 challenge..
Specialist teaching provision is a key objertive for the school and indudes specialist ICT teaching. languages,
music. sports coaching and foresr school. The l)# full inspedion report highlighted that'Pupils are enthusiastlc
lèarners. making good and often rapid progre55.'
The school offers a wide range of extfa-curritular acisvities organised in lunchtime and after school clubs.
Children havè opportunities to both develop and enrith existing skills in arÈa5 such as sport and Icr or to
explorè new areas in art, drama and history for example. Extendèd care provtsion is also provided by the Kids,
Club which allows parents to leave their children before and after school, safe in the knowledge tha they will
be well supervised and provided with ￿freShMentS when necessary.
The school undertake5 a hilh level of trainin8 for its stsff to ensu￿ that the curriculum and all round education
provided arè in line with its main aims and objertives. The comprthensive De¥elopmÈnt Plan use5 forward
planniDB to ensure that improvernents Can be made year on year.

AYSCOUGHFEE HALL SCHOOI UMrrED
TRUSTEES, REPORT (INCLUDING DIRECtORS' REPORn {CONnNUED)
FOR THE YEAR ENDED 31 AUGUST2024
Public Benefft
The Trustees carry out an annual audit of public benefit and the matter is constantly under wtew. In addrrion
to the advancement of education for our own pupils, the xhool provides wider PLtbltc benefit in the followin8
ways..
• Community work ¢arr*d out by pupils. in and out of School.
• The arrangement and hostir* of music events for audiences fr(>rn within the wider community.
The arrangement and hosting of sports events and tournaments with other schools providin8 invaluable
match experience.
• Pro¥idin8 #aff development opportunitie5 and tollaborating with teachers from oiher local cluster schools.
• The lettin8 of the premi5e5 to other businesses and charities at IFttlt or no c05t.
The provision of work experience for students from different xhools and colleges, givin8 them fjme and
encouragement in their studies.
• Thè maintenance of a magnificent Grade Il" listed building for the benefit of the community and which has
been restored from the vand3lised. neEletted state it was in prior to purchase by the school.
Charitsble fundrai5inB.
The school enjoys exceptionally 8ood rdationships with parents and thé wider community. Volunteéts comè
into school on a regular basis to help with sport. readin& craft-work and School clubs. The PTFA (which is the
only other party related to the charity) does a fantastic job in arrangin8 a number of functions to help raise
money for the benefit of the school. The School continues to be grateful to the PTFA for the funds it rnake5
available for desirable and useful extr45 throughout the School and its ¢ontribuiion in arranging social
occasions.

AYSCOUGHFEE HALL SCHOOL UMITED
TRUSTEES, REPORT IINCWDING DIRECTORS. REPORn ICONTINUEDI
FOR THE YEAR ENDED31 AU6UST2024
hie¥ements and perlornlance
General and academic
Pupil numbers for the year were much better than anticipated following conkn.nued rec<)vtry in the aftermath of
the pandemic. Pupil numbers remained fairfy consistent thrtsjghout the year. but increases in the general cost
f living took much of ihis benefi.t.
The last Independent Sehoo15 in5pettion in Ortober 2024 found the School to be mteting all stsndards within
the five area5 of in5peciion and the staff and governors have continued to work towards maintsiningthe5e high
stsndards.
Academically. 2023-24 was another extremefy successful year, with results once a8ain being excellÈnt. The
school achieved an 80% pass rate ft)r children sith"n8 the Il+ secondary seltrtion tests and averaged 93.2%
over the13515 years. The test is desi8ned to have • benchmark pa55 rate of 25%.
Early Year's provision for pupils establishes in them a value led ethos which continues through the school and
helps motivate them to succeed. The school provides a fimi Youndation for the futu￿. with an emphasis on
core curiiculum subjects for a51 pupils.
PIRA and PUMA testing for Maths and English reading continues to help us ensure standards remain high and
intefvent.on is appropriately placed. The inspection report (Ortober 20241 noted 'Prompt interventr.on helps
pupils 'keep up rather than tatrh up. and minimises thè risk of pupils falling behind. Our data for reading.
WrI￿n@ and maths shows the school to be exceeding Èxpectstfions both locally and natfonalw for children
reaching age expected or abovè in those core subjects.
The school provides an excellent extracurricular auiviliÈ5 programme. which ensurÈs all pupils are offered a
wide range of opportunities and skills to develop over their time at the school. 8tving children the opportunities
to diseover. create and enyge in the curriculum as well as showing that independence and resilience is
important. This has been aided by the wntfnutd Forest khool sessions for all classes.
The School continues its dèvelopment of technology with the use of 8reen strten, Chatterp[￿, Seesaw and Tim*
Tables R¢xkstar5 and continue5 to update and upgrade interartive whiteboards wtthin the classrooms. In
addition to this, the school upgraded and increasèd the number of iPads available for use in the cl3ssrooms.
The School 5tron8ly promotes environmental awareness and has been awarded ihe Eco-Schoo15 Green Flag for
the past three years. This was certified with distt"nthon. the highest accolade that the organiSati￿ can award.
In addition to this, we have achieved Plastic Clever Schools Status ILevel 31, The Royal Horticulturnl Society
Level 4 Schools Award, The Woodland Trust Silver Award and have received a Highly Commended in the
category of Sustainable Schools from the Independent Schools Association120241.
The school continues to look at ways to improve pupil resilience. with increased emphasis on welltein
developed within PSHEE lessons and through school ath"vities. We have achieved the Optimus Education Pupil
Wellbeing Award Gold Standard.
The school is Committed to promoting equality. diversity and inclu5i0n. We embrace the different tyhures and
beliefs of our School community and promote these values throughotrt the sthool. The children learn French
and Spanish and we have achieved a 8rib5h Council International khools Award and have links with a
partnership school in France.

AY5COUGHFEE HALL SCHOOL UMITED
TRUSTEES. REPORT IINCWOING DIREcfoRS' REPORn ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST2024
orts
As well as the more traditional schixjl Sports of football, rugby, critket and netball, the school ¢ontt"nued with a
wider range including coaching on tennis. hockey and gymnastic5. We have a busy timetable of outside thx¢ure5.
competrng a￿l￿$t other schools in the lotal area and achieving well in sporting results.
Music and arts
The school contr'nued its variety of peripatetic music prOvis￿rt. induding piano, V￿11Th, flute. darinrf. drums and
vocal lessons. Our junior children are given the opportunity to learn different instfuments in each year 8roup
and we also have a well-attended school thoir. who take part in local events and competition5. We host our
Summer Music Concert for parents and families as well as a summer production by our Junior children. The
school ¥¢is as host for the locals schools, annual music festival. The art around the school is of an impressive
quality and is always Commented on by Msttors and pa￿￿t$ alike. We continue to enter pieces from across the
school into the ISA art5 cornpett"th"on anfl achieve a good rate of success with these.
FinancHI review
Detailed results for the year are shown on the Staiernent of Financial Activities. page 16.
Financially. the School's results were 35 expected. following its continued recovery after the pandemic. The
school generated a net mtJvÈment in funds of £10.257. mainly due to additional irttome from higher than
anticipated pupil numbers, largely gff5et by an increase in the general cost of school materi315 and refreshing
the school facilities, This small profit. along with the brought forward accumulated reserve5 of £1,509.703, has
mèant that the charity has carried forward resefves of £l.519,960 at the end of the year.
The majority of the charity's ￿ServeS remain tied to the school's fixed assets. The Tnjstees have determined
that the appropriate level of free reserve5, which are not invesied in fixed assets, should be equivalent to at
least one school term's worth of expenditure,. approximate￿ £393.000. The school currently has £895.628
invested in a ran8e ol bank dèposits. These reserves enable the school to rneet any unexperted or emergency
expenditure or to help offset any decreases ir* income leve15 in the currer>t economic e￿IT9nrnent.
The sehool is located in a magnificent Georgian Gfade ll. listed building and repairs are inevitable and likely to
prove costly, hence the requirement to keep on top of repairs and to hold a strong level of reserves.
The COVID:19 pandemic reduced the size of the school and it will need to continue to rtr￿ on its IEServes over
the next few years, whi15t its pupil numbers recover.
The Governing Body is very aware of the current economic environment since the introduction of VAT on school
fèes. Combined with other signifi.eant chan8es imptsstd by the new Labour Governmerst, for example, nan.onal
insurance and loss of charitable rates relief, the School is aware that we may not have seen the full impact of
the government's recent decisions. With this in mind. the Board made the decision that there would be no fee
increases in September 2025 and advised parents of this in the Autumn 2024 term.

AYSCOVGHFEE HALL SCHOOL UMITED
TRUSTEES. REPORT {INCWDING OIRECTORS. REPORn ICONnNUEDI
FOR THE YEAR ENDED 31 AUGUST2024
The school will cOn￿ntse to capitslise on its impressive inspection results th1O￿h its marketing and promotional
activities.
The School continualty updates its forecast financial Pfojeetiofts and has tight control over r(s e<penses with the
objective of protectrng, then growing. its year end reserves. The School Closely monitors its cash flow5 to
ensure that li remain5 a 8oin8 concern.
Over the next year, the school will be lookin8 to increase its pupil roll and make 8radu•l further improvements
where appropriate. It is well placed to do so with a stron8 financial plarfomi and a team of highly motivated
and experienced teaching and support s¢aff.
The school will continue to invest in its staff throv8h trainin8 and development and fonward planning in the
knowledge that it is great teaching that inspires children to want to learn and give of iheif best.
Goin8 Concern
After review of the evidence. the Board has a reasonable expectation that the company will be ableto continue
operating for the foreseeable future and the financial statements have been prepared on a going concern basis.

AYSCOVGHFEE HALLSCHOOL UMITED
TRu¥fEES' REPORT {INCWDING DIREcfoRS' REPORT) {CONTINUED)
FOR THE YEAR ENDED31 AU6U5T2024
Structurei Eo¥ernance and manaymert
Goverllinz document
Ayscoughfee Hall School was founded 1920. It was incorporated as a company limited by guarantèÈ on 22
Septèmber 1958 (company number (X)6124431. The company has charitable status and its registered number is
527294.
The Governors are both Trustees of the Chartty and Dirertors of the Comparry. Their liability is limitèd tts £1.
The charitable company is governed by its memorandum and articles of association. The principal address and
re8i5tered office bs Welland Hall. London Road, Spaldin& PEII 2TE.
Appolntmert and trnlnlng of Go¥erno
GO¥err￿r5 are recruited on the ba515 of nominations and ser¥e for a perirxl of three yèars before being due for
re-election. The GoveminB Body carries out a re¥ular audit to ensure it has the right mix of skillsto ènable it to
arry out its responsibilities effectivety- The current Governofs include experience/back8round in education.
business management. chartered sur¥eyin& accounting. constrnction. marketing and human relations. All
Goverrwrs give their time voluntsrily and receive no benefits from the charity.
The school ha5 a written policy for th* induttion and trninir* of new Governors which Is implemented with the
support of the Head, Bursar and other experienced Governors. The school is a member of The Associkn"on of
Governing Bodies of Independent Schools IAGBISI and èrtcourages Governors to attend its trainin8 course
seminars as well as attending training event5 arranged for the school staff where applicable.
The s¢hool w•$ last inspected by the Independent Schools Inspertorate in October 2024. This re8ulatory
compliance and èducatt.onal qualtty inspe￿10n was very thorough and involved th￿e Inspecto￿ looking closely
at all procedures across the school, including effettivenes5 of 8overnance. They reportèd thai the school met all
of the standard in the Schedule of Education and no artfions were required as a result of their Inspec￿On.
The school is fortunate in having experienced and dedicated Governors.
The full Governing body meets twice per term lsix times ￿arly). Specifi"c responsibilities are also allocatèd to
permanent sub-committees Icurriculum, Staffing, Finance. Marketin8. Buildings and Sustainability & Wellbein81
which meet at least termly. The Sustainabiif(y & Wellbeing committee has made good progress in considerinE
all areas of 5U5tainability. many of whieh have fed into the other su&committees. The sub<ommittees all have
clear term5 of reference. Other S￿￿¢0MmitteeS and workin8 partie5 are Set up on a needs basis.
Each Govemor tskes responsibility for a curriculum subject area working closely with the subject co-ordinator
in the school and hence taking an attive role in supporting school lrfe. Governors also undertake~learning
walks" around the school, enabling them to monitor the School's life and work effertively.
MaTragement
The day to day operational management of the schod ts undertaken by the Senior M•nagement Team.
comprising of the Headiea¢her, Oeputy Headtea¢her, Senior Teacher and eur5ar. All four members of this team
attènd the full Governin8 Board meetings and are involved in the various sub<ommittees. They work very
closely with the Governors. formulaD"ng and monitoring development plan5 and reportin8 progre55.

AVSCOUGHFEE HALL SCHOOL UMITED
TRUSTEES. REPORT IINCWDING DIREC￿115, REPORn ICONTINUEO)
FOR THE YEAR ENOED31 AUGUST2024
Risk Management
Governors asse$5 the risk5 faced by the school on a regular basis. when a8reÈing and reviewing development
plans and when setbn8 budgets. The school has a comprehen51ve Set of written policies which are kept up to
date. There are a variety of processes and controls which are regularty reviewed and are in place to mitigate
any risks such as, for example..
Flnancial
• The setting and continual monitoring of annual bud8ets.
Contingenry in annual budget for unforeseen expenditure.
Clear policies and authorisation limits.
Maintained cash reserves equal to at least one temi's expenditure in line with1SA recommendatr'ons and built
up further to ensure ihe long iemi sustainability of the school durin8 economic downturn.
. The development of 3 5-yezr financial plan, which enables the Governin8 Body to assess various scenarios
related to potential chèn8es in the economic. political and tax environments. affetting pupil numbers and
runnin8 tosts. This hi8hli8ht5 awarenes5 Wlthin the Governing Body and provides a useful tool, with the
potential for planning to miti8ate future risks.
• Robust Health and Safety policy and risk assessment pnxess.
Our rlgorous safeguarding processes include the use of the My Concern package. whtch enables us to track
and monitor safe8uardin8 procedures across the xh¢x•l.
Buildin
. Comprehensive maintenance and development plan reeularty reviewed.
. Accumulatin8 additional reser¥es to cover unforeseen repaits.

AYSCOUGHFEE HALL SCHOOL LIMITED
TRUSTEES, REPORT {INCWDING DIREcfofts' REPORn ICONTINUEDI
FOR THE YEAREIVDED 31 AU6usf2024
Orzanisatlonal Management
The Sch¢)ol'$ 8overnofS are legally responsible for the overall management and control of the school. The full
8overning body meets at least six times a ytar. and is chaired by Sam Neal, Chaimian. The governing body is
responsible for determining the aim5, 5tralegy and overall conduct of the khool and is actountable for the
dischar8e of its responsibilities to pupi15. parents and stsff. The work of implementing the policiES Trs carried out
by a series of ¢ommittees-.
ty Financ Committee
Thi5 committee meets three times a year, once in each term. Its main role5 ore: to consider. monitor, challenge
and recommend the annual budgets and fee increases to the board,. to monitor and dirert iTryear expenditure,.
authorise capital expenditure and scrutinise the financial statements and recommend them to the governing
body. The committee also has the responsibility for appointing and appraising the perforniance of the external
auditor.
. Stsffin
mmi
This tommittee meets three time5 a year. once in eath term. Its main role is to scrutinise. monitor, challenge
and endorse proposals for the staffing and remunerab.on of all stsff and monitor and advise on the School'5
human resource function.
This committee meet5 three tlmès a year. once in each term. Its main objÈttive is to scrurinise. challenge.
support and monitor the S¢hool's educatfonal aims and help develop new and appropriate ones.
This committee meets three times a year. once in each temi. Its main objective is to consider, scrutinise,
challenge and support all aspects of health. safety and maintenance in relation to the buildings of the School
and support and thise On caprtal expenditure building projetts.
Marke
Committee
This committee meets three times a year. once in tath term. Its main obiectrve is to consider, scrvtr'nise,
challenge and support all aspects of marketing and to resÈarth new T4¥ays of attracting prospective parents.
• Sustain
Wellbein
Committee
Thi5 committee meets three times a year, once in e#ch term_ Its main objective is to consider both the school's
commitmeni to becoming more ecologicalty aware and to support the school in planning for a 5UStainatrJe
future. across multiple areas including school buildings and environmeni. wellbeing ol school pupils. parents
and staff, staff 5UPPOrt and training and forward financial planning. The work of this committee feeds into the
other Committees, the School Development Plan and also the 5 year plan. which 15 continually updated and
allows the board to make informed decisions.
10-

AYSCOUGHFEE HALL SCHOOL UMITEO
TRUSTEES. REPORT IINCLIIDING DIRÉCTORS, REPORn {CONTINUEO)
FOR THE YEAR ENDED31 AUGUST2024
The running of the School is delegaied to the Headteacher. supported by the other members of the Senior
Management Team who are the Deputy Headteacher. SeniorTeacher and 8ursar. who is also the CompaThv
Secretary. The Headteacher report5 dirertly to the 8overnors, as doe5 the Butsar through the Headteaeher, but
with direct access for matters relatin8 to the role of Company Secretsry. The Headteacher attends all meetin85
nd committees of the govemor5. and members of the Senbor Management Team attend meetin8$ according to
their responsibilities and at the direction of the HeaLlteacher and Company Secretary.
With regard to r*muneiatt"on. governors agree the Htadteacherfs saLiry and the Headteacher agrees the Sènior
Management Team salaries in consultation with the govemors.
Em
The school ha5 a rigorous recruitment policy and sets it remun*ration at a level which awards the sthool an
e¥tremely hi8h level of staff retention. The school a150 ofler5 work experience opportunities to pupils of the
local secondary schools.
Staff attend regular meetr.ngs to discuss current whole school issues. where ihey are encouraged to have a
voice and partitipate. They are règularly updatèd on the current developments of the school. including
contribution towards the S¢hool Oevelopment Plan.
Audltor
TC Group. having expressed th￿r willingness to continue in office. will be deemed reappointed for the next
financial year.
Exem
tlon
The report of the council members has been prepared t¥kin8 ad¥antsÉe of the small company exemptim of
seth.on 415A ofthe Companies Art 2006.
The Trustee5' report wès approved by the Board of Trustees.
S Neal
Chairman
Oated......ai.i..i/..&S
11

AYSCOUGHFEE HALLSCHOOL UMITED
srATEMEP4T OF TRusfEES' RESPONSIBILMES
FOR THE YEAR ENDED31 AUGU5T2024
The Trustees, who ore a150 the director5 of Ayscoughfee Hall khool Limrttd for the purpose of company law, are
responsible for preparing the Trustee5' Report and the financial statement5 in accordance with applicable law and
United Kingdom Accounting Standards (United Kin8dom Generally Accepted Accounting Pr3cltcel.
Company Law requires the Trustees to prepare financial srdtements for each financial year which gpie a true and
fair view of the state of affairs of the thariiy and of the incoming resources and application of rtsources, includin8
the income and expenditure. of the charitsble company for that year.
In preparing these financial statements. the Trustees are required to:
select suitable accountin8 polrcies and then apply them cgnsi5tently-
- observe the method5 and principle5 in the Charitbes SORP-
- make judgements and esDmates that are reaSona￿e and Pfudent..
stale whether applicable UK Accounling Standards h•ve been followed. subject to any material departures
disclosed and explained irh the financial rtatemertts- and
- prepare the financial ststements on the 8oin8 con¢ern basis LJnles5 it is inappropriate to presume that the charity
will continue in operation.
The Trusteès are rèsponsible for keeping adequate accounting records thai disclose with reasonable accuracy at
any n.me the financial posifft.on of the charity and enable them to tnsurt that the financial statemerts comply with
the Companies Art 2ChJ6. They are also responsible for safeguarding the a$5ets of the charity and hence for tsking
reasonable step5 for the prevention and detethm of fraud and other irre8ularitres.
12-

AYSCOUGHFEE HAU SCHOOL UMITED
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEE5 OF AYSCOUGHFEE HALL SCHOOL UMfrED
Opinion
We have audited the financial 5t•tements of AyKou8hfee Hall School tsmited Ithe 'chariVI for the year ended 31
August 2024 which comprise the statement of financial activities, the balance sheet ènd note5 to the financial
ststements, including significant accountin8 policies. The financial reporting framework that ha5 been applied in
their preparation is applicable law and United Kingdom Accounting Stsndards, including Financial Rewrting
Standard 102 The Financial Reporting Stondord opplicoble in the UK ond Republic of Irelond (United Kingdom
Generalty Accepted Accounting Practicel.
In our opinion, tht financial statements-.
give a true and fair view of the state of the charf(able company's affairs as at 31 Au8U5t 2024 and of its
incoming resources and applTrcation of resource5. for the year then ended.
have been property prepared in accordance with United Kingdom Generally Accepted Accounting Practice..
and
have beert prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnion
We conducted our audii in accordance with Intemational Standards on Auditing IUKI (ISA5 IUKII ènd applicable
law. Our responsibilities under those stsndards are further deKribed in the Auditor's responsibilities Aor the oudit
of thefinonciol stotements section of our report. We are independent of the charity in acCorda￿e with the ethical
requirements that are relevant to our audit of the financial statements in the UK. including the FRCS Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirerrtnts. We
believe that the audit evidence we have obtained is sufficient and appropriaie to provide a basis for o¢Jr opinion.
Conduslons relaiini io g•inÈ tontern
In auditing the financial statements. we have concluded that the Trustees. use of the 80in8 concem basis of
accounting in the preparation of the h'nancial statements is appropriate.
Based on the work we have perlormed. we have not identified any material uncertainties relating to events or
conditions that. individually or colleaivety. may cast Significant doubt on the charity's ability to continue as a going
concern for a period of at least iwelve months from when the finantial ￿ateMentS are authorised for issue.
Our responsibilities and the responsibilitses of the Trustees with ￿sPect to going concern are d￿cTibed in the
relevant sections of thi5 report.
Othèr Informalion
The other information comprises the information int1L￿ed in the annual report other than the financial
statements and our auditor's report thereon. The Tfustees are responsible for the other infomiation contained
within the annual rtport. Chjr opinion on the financial ststements dots not cover the other inforniation and we do
not expres5 any form of assurance conclusion ihereon. Our responsibility is to read the other informakn.on and. in
doing so. consider whether the other infomiar*on is materially intonsistent with ihe fi.nancial statements or our
knowledge obtsined in the course of the audit. or otherwise appeats to be materially misstated. If VE identify
such material incon515tencies or appJreni material misstatements. we are required to determine whether this
Bives rise to a material mTrsstatement in the financial statements them5elve5. If, based on the work we have
performed. we conclude that there is a material mi55tatement of this other information, we are req￿￿e￿ to report
that fact.
We have nothing to report in this regard.
13-

AYSCOUGHFEE HALL SCHOOL UMITED
INOEPENDENT AUDtWOR'S REPORT ICONTINVED)
TO THE TRUSTEES OF AYSCOUGHFEE HALL SCIKKIL UMITED
Matters on which we are requSred to ￿POrt by exception
We have nothing to report in re5pert of the following matters in relation to which the Charitie5 IAccounts and
Report51 Regulations 2008 require us to report to you if. in our opinion..
the information givert in the financial statements is inconsistent in any material respect with the Trustees.
report.. or
suffi'cient accounting records have not been kept.. or
the financial statements are not in agreement with the accounting records,. or
we have not received all the information and explanations we require for our audit.
Responsibilities of Truslees
A5 explained more lully in the ststement of Trustees, responsibilitses, the Trustee5. who are also the directors of
the charity 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 intemal control as the Trustees determine is
necessary to enable the preparation of financial statements that are free from material misstatemenL whether
due to fraud or erffjr. In preparin8 the linancial statements. the Trustees are responsible for 35se55in8 the charity's
ability to tontinue as a going concern, disclosin8, 35 applicable. mattér5 related to goin8 concern and usin8 the
going con¢ern basi5 of a¢countin8 unless the Trustees either intend to liquidate the charitsble company or to
cease operations, or hove no realistic alternative but to do so.
Auditor's responsibilities forthe aud51 of the finaThc5al statements
We have been appointed as auditor under sertFon 144 of the Charities Art 2011 and report in accorthnce with the
Act and relevant regulations made or having effect thereunder.
Our objectives are io obtain ￿asOnable assurance about whether the finatKial statements as a whole are free
from material misstatement. whether due to fraud or error. and to issue an auditor's report that indude5 our
opinion. Reasonable assurance is a hr8h level of a$5uraAce but is not a guarantee that an audit con(kn¢ted in
a¢cordan¢e with ISAS IUKI will always detect a material Mis￿31trnent when it exist5. Misstatement5 on arise from
fraud or error and are considered material rf. individually or in the aggregate. they could reasonatly be expected
to influence the economic decisions of usefs taken on the basis of these financial statements.
Irregularittes. in¢luding fraud. are instances of non<¢)mplian¢e with laws and regulations. The extent to which our
proceduw are Capable of detecting irregularities, including fraud is detailed below.
Extent to whkh the audlt vras <onsSdered capable ol deteclini Irwlarllle5. Indudln8 fraud
The objectives of our audit. in respect of fraud. are.. to identify and assess the risks of material misstatement of
the financial statements dut to fraud- to obtain sufficient appropriate audit evidence regarding assessed risks ol
material misstatement due to fraud, through designing arbd implemenTr"ng appropriate respon5es,' and to respond
appropriately to fraud or $uspected fraud identified durin8 the Judit. however, the primary responsibility for the
prevention and detectitsn of fraud rests with those char8ed with governance of the entity and its management.
14-

AYSCOUGHFEE HALL SCHOOL UMITED
INDEPENDENT AUDITOR'S REPORT ICONTINUEO)
TO THE TRUSTEES OF AYSCOUGHFEE HALL SCHOOL UMfTED
Our approach was as follows."
We identified areas of laws and regulations that eould reasonably be expected to have a matèrial effect on the
financial statements from our general commertial and sector expèrience. and through distussion with the
direciors and other manazement las required by audiil.ng standards). and discvsstd with the directors and other
management the polities and procedu￿$ regarding tompliance with laws and regulations-
We considered the lègal and regulatory framtworks directly applicable to the fi.nancial statements reporting
framework IFRS 102 and ihe Companies Act 20061 and thè relevant tax compliance regulations in the U
• We tonsidered ihe nature of the industry. the control environment and business performarte. including the kev
drivets for management's remunerntion-
• Wt tommunitated identifièd laws and regulations throug?￿ul our iezm and remained alert to any indicatbons of
non<ompliance throughout the audit..
• We considered the procedures and coniro15 that the ¢ompany has established to address r6ks idènlffied, or that
othenvise prevent, deter and deted fraud,. and how Senior management monitor5 ihose programmes and
Controls.
Based on thi5 understanding we designed our audit procedure5 to identify noTrcompliance with Such laws and
re8ulation5. Where the risk wa5 considered to be higher, we PErformed audit procedures to addre55 exh
identr'fied fraud risk. These procedures inclu(led.. testin8 manual journals,. reviewin8 the financial 5tstement
disclosure5 and tests'nB to supportin6 documentation,. performing analytical procedures- and enquirinB of
management, and were designed to provide reasonable assurance that the financial statements were fr￿ frorn
fraud or error.
Owin8 to the inherent limitatr'ons of an audit, there 15 an unavoidable risk that we may not have detected somè
material misstatements in the tinancial statements, even thou8h we have properly planned and performed our
audit in accordance with auditin8 standards. For example, the fvrther removed non-compliance with laws and
re8ulations lirregularitiesl is from the events and transactions refleded in the financial statements, the le55 likely
the inherently lirnited procedures required by auditrng stsndard5 would idents'fy it. The risk is also greater
regarding irregularities occurring due to fraud father than error, as fraud involves intentional concealment, forgery,
collusion, omission or misrepresentation. We are noi responsible for preventing noTrcompliance and cannot be
expected to detert non-compltance with all laws and iegulations.
A further description of OUT re5ponsibilitres is available on the Financial Reporting Council's web51te at..
https'.//www.frc.org.uklOur-WorklAuditlAudit-and-assur3ncelStsndards-and-8uidancelStsndards-and-8uidance-
forauditorslAuditors-This description forms part of our auditoes report
A further descriptr'on of our responsibilrties is ￿lIable on the Finanoal Reporting Council's website at.. https.'Il
www.frc.ore.uvauditorsresponsibilities. This description forms part of our auditor's reporL
Use ol our report
This report Is made solely to the compan￿9 members, as a t#)dy, in accordance with Section 391 ofthe Companies
Act 2014. Our audit work ha5 been undertaken so that we mi8ht State to the company's members those nTtters
we are required to state to thern in an auditor's report and for no other purpose. To the fullest extent permitted
by law, we do not accept or assume responsibility to anyone other than the company and the company's members
as a body, for our audit work, for this report. or for the opinions we have formed.

AYSCOUGHFEE HALL SCHOOL UMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUEO)
TO THE TRUSTEES OF AYSCOUGHFEE HALL SCHOOL UMrrED
TC ¢knyp
OJ
2tri£
Sl•tutory Auditor
14 London Road
Spalding
Lincolnshire
PEII 2TA
TC Group is eligible for appointment as auditor of the charity by virtue of its eliw"bility for appointment as aL￿1t01
of a ¢omparty under settj.on 1212 of the Companies Act 2006.
16-

AYSCOUGHFEE HALL SCHOOI UMITED
STATEMENT OF FINANCIAi AcnvmES
114CLUOING INCOME AND EXPENDITURE ACCOUP
FOR THE YEAR ENDED31 AUGVST2024
Unrtstrlrted
fvnds
1024,
Unremrlrfed
funds
1. .2023
Income and endowments from:
Oonation5 and legacies
Charitable activities
Investments
Other income
6,463
1.167.318
11.672
2,50J
6,668
967.181
3,331
340
Total Incomo
1.187.953
977.520
Expenditure on:
Charitable activitr'es
1.177.696
1.071,829
Total expenditure
1.177.696
1.071.829
Net Incomellexpendlt￿e) and mo¥ement in
10.257
194.3091
RttondllatSon of lurnds:
Fund balances at I September 2023
1,509,703
1.604,012
Fund balances at 31 Auyst 2024
1,519.960
1,509.703
The statemerht of financial arti¥iknes includes all gains and 105ses recognised bn the year. All income and
expendrture derive from continuin8 artivitie5.
17

AYSCOUGHFEE HALL SCHOOL UMttED
BALANCE SHEET
AS AT31 AUGUST2024
2024
2023
Axed assets
Tangible assets
Current assets
Dèbtors
Cash at bank and in hand
1.404.226
1,430,116
14
26.959
916.S89
23.303
641,397
943,548
664.7C(J
Credltors: amounts lalling due vAth5n
one year
16
1399.2831
1140,0581
Net Current assets
544.265
524,642
Total assets less current Ilabilities
1,948,491
1,954,758
Credltors: amounts falllnl due after
mofe than one year
17
{428.5311
1445.0551
Net a￿et5
1.519,960
1,509.703
Income lunds
Unrestricted fvnds
1.519,960
1.509,703
1.519,960
1.509.703
18-

AYSCOUGHFEE HALL SCHOOL UMITED
8ALANCE SHEET ICONTINUEDI
ASAT31 AUGvsf2024
The company is entitled to the exemption from the audit requirement ti)ntained in section 477 of the Companies
Act 2006. for the year ended 31 August 2024. ahh￿8h an audit has been carrted out under section 144 of the
Charities Act 2011.
The directors acknowledge their reSp￿sIbiliti"*S for complying t4￿￿ the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audii of rts financial Statements under the
reqU1￿MentS of the Companies Art 21￿, lor the year in question in attordance with section 476.
These financial Statements h￿e been prepared in accordan￿ wth the prowsions applicable to companies subjert
to the small companies reBime.
The financial ststements were approved by the Trustees on ....
31J.3/ zs
S Neal
Chalrman
Company R*glstrntion No. 00612443
19-

AYSCOUGHFEE HALL 5CHOOI UMITED
NOTES TO THE FINANOAL STATEMENTS
FOR THE YEAR EhlDED 31 AUGUST2024
AccoUn￿n$ polkies
Charfty Information
Ay5COU8hfee Hall School knmited is a privatè company limited by gu•rnntee incorporated in EnÉland and
Wales. The registered office is Welland Hall. London Road, Spaldin& Lincs. PEII 2TE.
1.1 ACCoun￿nE ¢omientEo
The linancial ststements have been prepared in accordance with the charivs IgoveminK do¢umentl, the
Companies Act 2¢)J6. FRS 102 The Financial Reporring Standard applicable in the UK and Republic ol
Ireland" I-FRS 102.1 and the Charities SORP -AccountinE and Reporting by Charities.. Statement ol
Recommended Prartice applicable to chariiies prÈparirtg their accounts in accordance with the Financol
Aeporting Standard applKablÈ in the UK and Republic of Ireland IFRS 1021" leffertive l January 2019). Thé
harity is a Public Benefit Entity a5 defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial rtatements are prepared in sterlin8, which is the functional currency of the charity- Monetary
amounts in these financial statements are rounded to the nearest £.
The financial 5taternents ha¥e been prepared under the historical tost corwention, (modified to indude the
revaluation of f￿ehOld properties and to indude investment properties and ￿rtain financial instruments at
fair valuel. The principal accountt.ng policies adopted are set out below.
1.2 Golng corKern
At thè time of approving the financial statements. the Trustees have a reasonable expertation that the
charity has adequatè resources to continue in operational existence for the foreseeable future. Thus the
Trustee5 continue to adopt the Boing concern basts of accounting in preparing the fr"nancial statements.
1.3 Charitable lunds
Unrestricted funds are available for usè at the distretitin of thé TrustÈes in furtherance of their charitablè
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purpose5 and vses of the restricted funds are set out in the rtrote5 to the financial statements.
Endowment funds are subject to speofic conditions by (lonors that the capital must be maintsined bythe
charity.
1.4 Income
Income is re¢oBni5ed when the charity is legally entitled io it after any performance tonditions hwe been
met, the amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recogni5ed on receipt. Other donations are recognised once the ¢hJrity has been
notithed of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations receNed under Gift Aid or deeds of ¢ovenant i% recognised at the time of
the doftatfiofi.

AYSCOUGHFEE HALL SCHOOL LIMITED
NOTES TO THE FINANCIAi STATEMENTS (CONTINUED)
FOR THE YEAR EPIDED 31 AUGUST2024
Accountlng policies
(Cont5nuÈd)
Legacies are recognised on receipi or otherwise if the charity has been nO￿fied of an impending distTibutlon.
the amount is known. and receipt is experted. If the amount is not known. the legacy is treated as
conts"ngent asset.
1.5 Expènditu
Expenditure is recognised once there is a legal or constructive obli8an.on to transfer economic b￿efit to a
third party, it is probable that a transfer of economic benefits will be required in settlement. andthe amount
of the obligation can be measured reliably.
Expendilure bs classitied by activity. The costs of each activity are made up of the total of dir￿ costs and
shared costs. including support costs involved in undertaking each activity. Dirett costs att¥ibutat4e to a
single activity are allocated direttly to thai ath"vrty. Shared costs which contribute to more thanone actiwty
nd support costs whith are not attributablè to a sin8le attivity are apportioned between those actpiitie5 On
? basis con5iStÈnt with the use of resource5. Cèntrnl staff costs are allo£ated on thè basis of time spent. and
deprecialion charges are •llocated on the portion of the asset's use.
Website developrnent
1.6 Tangible fixed assets
Tan8iWe fixed assets are inits.ally measured at COSt and 5ub5equently measured at C05t or valuation. net of
depreciation and any impairment1055es.
Straighi line over 3 years
Dèpreciation is recognised so as to writè off the cost or valuation of assèts I￿ their residual values over
their useful lives on the fdlowine bases=
Land and buildings
Fixtures and ffttings
Freehold extension
Land
Inlant block refurbishment
Buildings- Straight li￿ over SO years
20% per annum on cost
Straight line over 50 year5
No depreciation
20% per annum on Cost
The 8ain or 105$ arising on the disposal of an 055et Is deteminÈd as the differentt between the sale
proceed5 and the carryin6 value of the asset, and is reco8nised bn thè statement of financial athvities.
1.7 Impalrnient ol fixed asset5
At each reporting end date, the charity reviews the carryin8 amounts of irs tangible and intsngible assets to
determine whether there is any indicatron that those assets have suffered an impaimieTht loss. If any such
indicakn.on exists. the ￿coverable amount of the asset is estimated in order to determine the extent of the
impairment loss lif any).
1.8 Cash and ¢ash ¢qul¥alents
C3sh and cash equivalents include cash in hand. deposits held at call with banks, other 5hort-lerm liquid
investments with original maturities of three months OT less, and bank overdrafts. Bank overdrafts a
shown wiihin borrowings in current liabilroes.
21

AYSCOUGHFEE HALLSCHOOI UMITED
NOTES TO THE FINANCIAL STATEMENTS ICONnNUED)
FOR THE YEAR ENDED 31 AU6U5T2024
A¢¢ounting polldes
Icontlnued}
1.9 Financial Instruments
The charity has elected to apply the provisions of Section 11 '8asic Financial Instrument¥ and Sethon 12
'Other Financtal Instruments Issues. of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity'5 bzlantt sheet when the charity betomes 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 sèt off the recognised amounts and there is an intention tosettle on a
net basis or to realise the asset and settle the lia￿"l1ty simultsneously.
8askJlnonool ossets
Basic financial assets, which include debtors and cash and bank balances, are initally measured
transaction price including transartion 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 ai the present value of the future receipts discounted at a market rate of interest. Financial
assets tlassifi.ed as receivable within onè year are not amortised.
8oskJlnoncl•l Iloblllrfes
Basic fi'nancial liabilities, including creditoTs and bank loans are initially recognised at transaction price unless
the arrangement constitute5 3 fTrnancing transaction, where thè debt instrument is measured at the present
value of the future payments discounted at a market Tate of interest. Financial liabilitie5 classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cosL using the effective interest rate method.
Trade creditors are obli8ation5 to pay for good5 Or services that have been acquired in the ordinry tourse of
operations from supplier5. Amounts payable are cla55iffied as currènt liabilities if payment 15 due within one
year or less. If not. they are presented as norFcurrent liabilitie5. Trade creditors are recognised initially at
transattion price and subsequently measu￿d at amorrised cost using the effective interest method.
Ikrecognhlon 0fflnanciall1a￿"Iit1e$
Financial liabilities are dereco8ni5ed when the charitys contrartual oblyth.ons expire or are discharged or
cancelled.
1.10 Employee beneffts
The cost of any unused holiday entitlement is recognised in the perio(l in which the employee's services are
received.
Termination benefits are reco8ni5ed immediately 45 an expense when the charity is demonstrably
committed to terminate the employment of an employee or to prowde termination benefits.
1.11 Retlrement beneffts
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

AYXOUGHFEE HALL SCHOOL UMITED
NOTES TOTHE FINANCIAL STATEMEP4T5 ICONTINVED)
FOR THE YEAR ENDED31 AUGusf2024
Critical actounling e#imat& and judgèments
In the application of the charivs accounting policies. the Trustees are required to make judgem￿t$,
estimate5 and a55umptions about the carrying amount of assets and liabilities that are not readily apparent
from other source5. The estimates and associated assumptions are baseil on histofical experience and other
factors that are considered to be relevant. Artual results may differ from these esrimates.
The estimates and underlying assumptions are reviewed on an ongoing basi5. Revisions to accounting
estimates are recognised in the period in which the e51im3te is revised where the revision affects u)ly that
pèriod. of in the period of the r￿l$lOn and future period5 where the revision affects both turrènt and future
periods.
In¢m dol￿tIOnS and legxies
Unrestr5cted
funds
2024
Unrestrirted
lunds
2023
Donatr"ons and ￿ftS
6.463
6.668

AYXOUGHFEE HALL SCHOOL UMITED
NOTES TO ThE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGusf2024
Charilablè
activitles
shop￿￿%
Total
2014
School
fees
Re8lStiatl
on fees
Teaching
support
School
discounts
Nursery
grant
income
Kids club
Income
Toddlèr
group
income
Other
school
income
Rental
income
Income from
school
lunches
1,046,1)44
1,046,044
879,968
13.750
13.750
5.050
2.241
2,241
15,6111
15,6111
12,6801
69,648
69,648
53,582
24.814
24.814
21,993
1.593
1.593
695
{1.4931
1.351
9.152
316
9.326
7.748
5.070
5.070
443
443
825
1.157,992
11,4931
1.351
10,745
316 1,167,31B
967,181
-24-

AYSCOUGHFEE HALL SCHOOL LIMITED
NOTES TO THE FINANCIAL sfATEMENTS {CONTINUÉDI
FOR THE YEAR ENDED 31 AUGUST2024
Charitable
acil¥ities
(Cortlnuedl
For ihe year ended 31 August 2023
Yysalgs
1013
School fee5
Re8isiration fees
School discounts
Nursery grant income
Kids club income
Income frorn school
lunches
879,968
5.050
12,6801
53.582
21.993
11.3421
1.309
7,479
302
887,716
5.050
12,6801
S3,582
22.688
695
825
825
958.738
11.3421
1,309
.174
302
967.181
Analysis by fund
Unrestricted funds
958,738
11,3421
1,309
8,174
302
967,181
Investments
Unrestricted UnTe5tricted
funds
funds
2024
2023
Bank Inierest received
11,672
3,331
Othèr Sncome
Unrestrlrted Unrestrirted
funds
funds
2024
2023
Other income

AYSCOUGHFEE HALL SCHOOL UMITED
NOTES TO THE FINANCIAI STATEMENTS ICONTIIIUED)
FOR THE YEAR ENDED 31 AUGusf2024
Charltable activities
Charitable
Expenditure
2024
Mllk
Spwl SI￿ stock
Total
2024
Total
2023
2024
2024
1024
stsff costs
Depreciation and
impairment
IWISI costs
Kids club expenditure
Class materials
School books and
magazines
Computer ¢osts
Prizes and donations
Staff trainin8 Costs
Insurance
Other school expenditure
Hot lunch expenditure
Kids club salaries
807.625
807.625
719.596
53.S74
4.675
19
9.785
53,574
4.675
19
9.785
58.962
3.428
6.238
24.233
10.301
2.179
6,174
16.339
24,233
10.301
2,179
6,174
16,339
9.846
2,184
12.453
20.991
6.979
3,563
6.227
14,261
8,699
2.002
11.272
2.014
7.674
158
2,184
12.453
949.$41
2.014
7.674
158
959.387
862.218
Share of support costs (see
note 81
218.309
218,309
209,611
1.167.850
2.014
7,674
158 1,177.696 1,071,829

AYSCOUGHFEE HALi SCHOOL UMITED
NOTES TO ThE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST2024
Charitabl* attivits*S
Icorbtinyedl
For the year ended 31 August 2023
(hritablè
Mllk
sport Shop 5tod(
Total
Z023
Staff co￿$
Depreciation and impairment
ISAIISI costs
Class materials
School book5 and magaiines
Computer r051S
Prizes and donations
Staff training CQSt5
Insurance
Othef School expenditure
Hot Itjnth expenditurè
Kids tlub salaries
719.596
58.962
3,428
6.238
20.991
6,979
3.S63
6.227
14.261
719.596
58.962
3.428
6.238
20,991
6.979
3.563
6,227
14.261
8.699
2.[￿12
11.272
1,707
6.770
222
2.CK12
11.272
853.519
1.707
6,770
222
862.218
Share of support costs Isee note 81
209.611
209.611
1,063.130
1.707
6,770
222 1.071,829
Analysls by fund
Unrestricted fund5
1,063.130
1.707
6.770
222 1.071,829
-27-

AYSCOUGHFEE HALL SCHOOL UMtTED
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR EhTOED 31 AUGUST2024
Support <osts
Support Go¥ernabKe
20245upport ¢osts Governance
¢osts
2023
Miscellaneous expenses
Admin stsff cost
Ratès
3.222
98,152
10,867
37.188
3.222
98.IS2
10,867
37.188
2,798
99,039
9.643
25.911
2,798
99.039
9,643
25,911
Office costs
Licences and
subscriptions
Printing, stationery and
adverhsing
Payroll tharge
Repairs and renewals
School cleaning
8ank charges
Loan interest paid
8ad debts
3,062
3,C62
3,114
3,114
10,759
2.512
17.494
6.673
832
10,759
2.512
17.494
6.673
832
9.537
1,728
23,503
4,663
782
9,537
1,728
23,503
4.663
782
15,817
11.5931
15.288
746
15.288
746
15,817
11,5931
Audit fees
Accountsncy
Legal and professional
3,OCQ
1.070
7.443
3,000
1.632
10.037
3.000
1.632
10,037
1.070
7.443
206,795
11.513
218.308
194.942
14.669
209.611
Analysed between
Charitable actiwties
206,795
11.513
218.308
194.942
14.669
209.611
Governance cost5 intludes payments to the auditor5 of £3.l￿(2023- £3,(hJOI for audit fees.
Net movement in funds
2024
2023
The net movement in funds is stated after thary"n8llcreditingl:
Fees payable for the audtt of the charity's finarKial statements
Depreciation of owned tangible thxed assets
53,574
58.962
10 Trustees
None of the Trustees lor any persons connerted with them) received any remuneration or benEfit5 frryn the
charity duTin8 the year.

AYSCOUGHFEE HALL SCHOOL UMtTED
NOTES TO ThE FINANCIALSTATEME14TS ICONTINVED)
FOR ThE YEAR ENDED 31 AUGusf2024
11 Employees
The average monthly number of employees during the year wa5:
2024
2023
Number
Number
29
28
Employment costs
2024
2023
Wages and salaries
Social security costs
Oiher pension costs
Admin staff costs
S25.688
165,745
116.192
99,039
450.550
168,989
I￿.057
93,146
906,664
812,742
12 Taxation
The charity is exempt from taxation on its aciivities because all its income is applied for charitsble purposes.

AYSCOUGHFEE HAiL SCHOOL UMITED
NOTES TO THE FINANOAL sfATEMENTS (CONTrNUED)
FOR TIIE YEARENDED 31 AUGiIST2024
13 Tangible fixed assets
laniblock
futhshmifit
T•tsi
At I September 2023
Additions
341.341
384,056
27,683
888,353
3,211
715,648 2,332,609
27,683
At 31 August 2024
341,341
411,739
888,353
3.211
715,648 2,360.292
Dtpreciation ao)d
impairment
At I September 2023
Depreciation charged in
the year
131.645
345.918
354.537
70,392
902,492
4.897
16,599
17.765
14.313
53.574
At 31 August 2024
136.542
362.517
372.302
84.705
956,066
Carryln8 afflo￿t
At 31 August 2024
204,799
49.222
516.051
3.211
630.943 1.404,226
At 31 August 2023
209,696
38.136
533,817
3,211
645,256
1.430,116
14 Dthors
2024
2023
Amounts falllng due wlthln one year.
Trade debtors
Other dèbtors
p￿paYMentS and accrued income
17.992
2,265
6,702
15.147
3.220
4.936
26.959
23,303
15 Loans and (verd￿ft$
2024
2023
Bank loans
445,055
461.032
Payable within one year
Payable after one year
16,524
428.531
15,977
445,055

AYSCOUGHFEE HALL SCHOOL UMITED
NOTES TO THE FINANCIAL STATEMENTS ICOPlllNUEDI
FOR THE YEAR ENDED 31 IIUGU5T2024
15 loans and overdrafts
(Continued)
The long-term loans are secured by fixed thar8es over freehold land and buildings at Welland Hall. London
Road, Spalding.
16 Creditors: arnounts f•llln8 dyt within one year
Z024
2023
Bank loans
Other taxation and so¢ial security
Trade credttors
Other creditor5
15
16.524
14331
18,820
364,372
15,977
19,439
104,642
399.283
140.058
17 C￿litOrs. amounts dwe after more than ¢Jne year
2024
202J
Bank loans
428.531
445.055
18 Retirement benefft sthem
2023
Defined contrIb￿lOn 5d￿Me$
Charge to profit or loss in respect of defined contribution scheme5
116,192
100,057
The charity operate5 a defined contributK>n pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in arb independently administered fund.
31

AYSCOUGHFEE HALL SCHOOL UMITED
IIOTES ro THE FINANCIAL STATEMENTS {COPrnNUEO)
FOR THE YEAR ENDED 31 AUGUST2024
19 Unrestrlcted funds
The unrèstritted funds of the charity comprise the unexpended balances of dOna￿ofiS and grants which are
not subjett to specth"c condin.ons by donors and grantors as io how thèy may be usèd. These inclvdè
designated fund5 which have been set aside out of unrestritted fund5 by the trustee5 for specific purposes.
In¢ornirva
resour¢es
Resources At 31 AuBYSt
expended
2024
September
General funds
1.509.703
1.187.953
11.177.696)
1,519.960
Previous ytar:
Incoming
September resources
2022
Resources At 31 August
expended
2023
General funds
1.604.012
977.520
11.071.8291
1,509.703
20 Events afterihe reporting date
Following the 2024 general election, the government announced that private school fees would be cfrfjrged
VAT at the standard rate of 20% from l January 2025. The School is aware that we may Trot have seen the full
impact of this decision and as such has chosen not to increase fee's in September 2025.
21 Related partylran5actlons
There were no disclosable related party transactions durin8 the year12023- r￿ne1.