2023-08-31-accounts

Chaoty r•gistr8tlon nUm￿r 529111 comp￿￿ reglstratkn rNMnber00926012 {EThU￿nd and Walesl THE FROEBELIAN SCHOOL {HORSFORTH) LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED LEGAL AND ADMINISTRATIVE INFORMATION School Mr S Bi(*ertorb (Charl (Vre Chairl (Re￿[￿ 31 A￿￿&t 20231 ￿rNN￿U Mr K Beaty Mr S Dalirwatsr klrs C Da¥MIs< Mr5HFo Mrs R James K4r5 C Jcthnx klr M J¢M Mr R Tayor MrA Tha￿1 M5SBie (Re￿[￿ S Nlay 20231 IApwnled 16 January 20231 [AP￿nIe￿ 9 October 20231 (A￿￿￿ted 9 October20231 (Akwnbj 16 January 20231 k4rs J ￿WI￿1 Haad klts C D￿tsts MSA COLI% {Re>9￿d 30 April 20231 IAKyynled 1 sèp1È￿bef 20231 puty H••d IReggTr2d 31 Auw5120231 (Apwmnled 01 September20231 M5 J GIlp5 Ms L S(xJlaw IAkVMnled 1 S8plefftber 20231 Bursar k4[5 T ACA kls J Brophy (Resig[￿ 3 Fthary 20231 IAFvNnted 21 August 20231 charity number Company number (N]926012 Rgglstorgd officg H(Y5forth LS18 4LB Audllor 118 North Street Wesi Y(rfksh LS2 TrN Bankers ryin MO￿ UK Leeds Cty Br -96 Br¥￿te LS16NP

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED CONTENTS Pa98 Inde￿dent ￿1(0￿5 tewt ststemenlaffffi8rKial artMiEs 10 Sthment¢fc8sh 12 Note5 tothe tinanrAalstaternents 13_27

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST 2023 Th8 ScFK)d Ciyjncil wesenllhE arxj fi￿anL￿1 slateN￿lS f￿the Ye￿erth1 31 AW2023. firhonuel slolem¢nts hovc b¢en prcwred in 8wounbry xt wt M notc 1 lo the finjnci StslemenLs and comkly with Ihe Sthwfs Mtynorathm N1 Artides ol Asso¢thn. Ihe Companies Act 2W6 ar .￿c￿Unbry Rep(Kbng by CharitE5 Staterr￿1 of RecommerKled PraEl￿e lo iarrts wepanng their 8¢(x)unts in ac¢ordcé wth thè Financ￿ Rq)m &aKlard ap￿￿ble in the UK R•pth1￿ ( Iidand IFRS 1021" las 8m8nd8d feraccthntirg perKO¥ ¢omnwttKJ fr£￿ 1 Juary 20161. Aim8 and C"ocli¥es Froetyd￿n Schocl 8NJ First $18ps Nur￿ 8ims to pmNle and ¢are of hvy)ast wssitle 8t¥nd8rd 10 boys and girfs fr￿n 3 lo Ihe age of 11. To wovKtea ¢8ring. surpMwe Str￿Xu￿d le8mrw etiwwrmnert.. To ddiverquality etluca1￿ d8webps chi￿..8n￿Alry lkn lo ltrir pot8nbal". To offer a WKle rdrwje of oFwrtuThDesft>r ￿3ffli￿ ind￿￿n9 a di¥er5e ravJe of eXtra￿rrIcUlaractiWtie5". To fosterg¢￿ ￿lati￿$￿¥￿S thrrwfMyJI Fr￿b￿￿n fam1¥ beY￿￿J., To ens￿@ a yn(x)th trattsilion fortFm￿￿ t¢Fattts Ihe next ofthwr kniiThJy)unw. In ￿dition, ￿ sth0￿ abo fosters links ￿ the W comnwjnfy rases fvnds for kxal. natkxal 8nd intemational charibes. Th8 CounL¥I's [ts￿ ts fn5uring ddNery of kn o¥eLive5 and so ￿ Tnainlaiy puwi numb8T¥, to invesi i facilibes. 10 Identsfy poswye opwwnis 10 exieThY •id ro (ontiiue ￿ W0v￿e fiA3nryal pupils li eed oflee assistsncewhenever trf)wble ariJ £rthpab'b th Ihe re$rK￿l￿1ry lo run the sctwl prudenlly. In SÈtting its obW"ves and pknnirwj its actP￿￿e$. has G¥efiA to the Charity Commission's cenerel guidance en pu￿￿ beneft in p&ll￿A￿r t¢ publ￿ beneffi 9JklarKe on ed¥arKirvJ edL￿￿On 8nd th) lee th8rgiry. Ethos. 5trtegy atwj wlicie5 (Xjr schtx)I motto.'&wng a ftyry'ry start lo ￿eats2￿$ ofknrorrDW. ernphas¢ses (xjr dedutK)n ID txo.￿dIng the knovledge, sknlls. expetierLes ar￿ (pwrtunthes Ihat wepat& CIN￿￿4￿ f￿ the fJlurp s[T￿ dass siz85 an 8xcelbnl staff to puwl rabo allow The FrDthlan SthoDI to treat eath chld as an Ind￿U￿1. Thp partnet5typ ￿ryth ￿ents i%d05e and SUPPDrbve 8nd every child'$ pro9ress Is crefthly monrtrxed pa¢nts WLdaAy. In addthon lo prowd1ry an outstan(Sng xa¢Jeric edv(on ￿ Ihe cruud • year5. Tr£ Fropbeltan School en￿rdge5 the devtk>went of eyessiwp talents atKI a k)ve for a¥KeotiKJn of mJ>t and the arts wlh plenty of opw)rtuni1￿5 for put￿￿ performance. I he ¥￿)￿[¥Y eXtra￿￿Eur wogarwne has re￿fjY und8ryone sgnrficant dèvelopment and prrMd excÉpi￿ThaI fat¥libeS. S￿la1￿1 ¢08(J￿5 and the opportunty io partiipate in rewlar eompabtiv8fixiures. Thp Froebelian SchoDI seeks lo benefil the th[D￿h the put5uit ￿ its stsled aims. Sth(A fees arp sei at a level ID ensurè finantial v&4bility ¢flhE whlst iemakntvj C(If*AStent Vlith (￿r awn cf edutabtJn and care Ot the highest pu55itAe st3nd￿d al 3ffurtaWe fee ￿¥￿5.

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 Th8 Fr0ebdI￿ Schoul ptDVKI85 s￿￿￿1can1 p￿b￿ in a W￿￿of￿ays. i￿￿L￿1￿9.. Faolitstiry 9awry gXFvJitwo.' • Pro¥iding significant benefil lo the btal economy as an employer ￿ as a Cr￿uMer of gcx)ds anJ semces (Wh￿ever w￿ble. the Sch￿1 uses swWEr5 to beneftthe ￿OrK)mY1. arml Engtying in fthdraising adMlS Sa￿thd ¢kn¢ies. r welc￿e$ puriLs frorn 811 backgrounds. An indwiduafs erJ)rKirrit ststus. ethniuly. we. relwion or l￿bilIty do rKJt form part ol w assessrywl ￿0¢$d￿re$ We ar8 ) ewal ¢wwtuThly ￿gao￿ati(m) a￿ o)nmitW lo a worknng environmenlthat B free from any ftwm { d￿￿￿a1)M on the wrKls of cothr. raGe. ethni¢xty. relgK>n. sex. saxual onentation c disablity. We wll me ieasonaL4È 4usthnts 10 MÈÈI the neals of Stsff or pupls who are or be(ttDe disaWgJ. The Schwl Cwnal (wh()￿ rnArnhers ark trKJlh Im%lees dffertrJr81 meeL8 reguw is reWmsib￿ for setting tstrate9￿ W)rites ond obFdives arKI ovÈrsetin9 delNtiy of ltrw. lfi additsty). ￿r￿lI rÈviews cperational performance and has coDsliluled a number of suEKornmthes le 9. Fina￿. MarketKvJ. He8llh & Safety. Bursary & Hai¢ship. Edurationl and working grw)s las required) to wubide supwxL guKlatKe atKI over5iyhl in r￿1￿ key aspects of oper8ik)ns. r Schwl B Commit￿ 10 $3tegjardy￿ F￿rA￿ling Ihe wetsre of our pup1$ ezpects 811 slaff and voluniaers lo share this comrnit￿tnl. In the letest InderEndeni In5peclorale reLx)rt. ￿e pastryal ¢8re al the schcol was dèscribed È$ Exc81￿n1' the highest pD￿e grade. The SttKoI wlady re¥￿wS its Oicies on child proteciK)n. salewardiru arKJ healh ar￿ safety. Ml staff rpgu￿[lY utKJprtake safewardirwJ rhi d IT3￿1￿9. Acce55 Pol¢y We are rwfidentlhal ourfees are reas£￿ rvprwt eX(g￿nt vats frx rrKney. It15 a k)ro s￿￿1￿ polry kn81 fee ve& are sel lo ensLYe that they are affOrda￿e 10 85 a cross of the Ewukitiun as PDssi4e Fk)we¥er. il ts IftM)Crtani to US Ihat t¢£ess to Il ed￿1th we offeris rwjt restri#ed 10 vtho w 8fft¥d our fees. 8ursarfes & Hardshlp AS￿StanCe Countyl pLo¢es 9wI imwrtarre¢fi trt 6L¥S9ry P￿rty. We esWEhed a Burs8ry FU￿ in ts year 2WOar¥J generally hevg it 8very y8ai. The Sth(xY C(mj￿1 has agrewl ￿al a rmjenl prowybw olf Incom8 also be used lo txjrsanes ￿ h3rdship Gqses. The embraxs the p￿￿p12 that tee irKx)me ￿1. whenever possitAe. contr)ule supp(Yt lo bwsgries aThl hardthip. £kJr bursary awards arn aVal￿E to al h) me our enty reoutynenis aThJ are made so*ly on the b8&$ of parenlJ means or lo relieve hardship where a pupi's and futtxe ryospects 01herw￿ be at risk, for example In the case d rEQundancy. Bursari2s are &￿uallY. and ha"(J5hip assis￿￿ 15 re¥￿¥ved lermly. Th8 vel ot support wil vary a(xthiry to tarrdty InrAxne. ￿ Ihose l(yM rnay qualty ts up to 10D% rernissK)n ot the normal fees. In Ihis a¢&leM￿ yearJ)22123. weawwded knY¥rEsofupto 1txJ% to 12 pwts. The tcth aw¥ded ¥nounted lo £45.27Q. Details of our BLYsary P(Airy and h¢M to are ￿bSite We have provKJed hartship suppurt lo 2 ￿N￿[er wIK>Sef￿TrI￿eS ￿[fe[edffina￿ial d￿len￿5. We wuvided hardthip supwrt to tho Va￿9 of£1.852 durry Iha 2022rk3 ac4d8rri¢ year.

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 Review of Activits•5 and Aclwovemort5 School¥ princFal Mty to Ihg of a ry>9dVrnti￿ day and nursgry for up lo 11 ye￿s. In addition. the Sch￿1 has prowd￿j care ￿1h before atbj after 5CtNX￿ and holiday dubs throU￿oUt the sch First Slep5 Nursery Unde￿￿ent its Obte(l inspectiw in JurE 2022 and retained Ike'outstandng. rabng that was first 3waided in 2016 slKkrtly after the Nursery (yened. The twwseryis open 51 weeksof ￿r. A detailed Of Ihe S￿0￿.5 w0vid￿j eath year ty Iht H8ad ai Sppeth Day and many of are ieported In Ihe F￿ebe￿an D¥esi. rwtyaThJ al c¥rreni p￿ts. wo8pe¢Dve p¥ern$, many fonrer pupls and olhwinleresled part￿$. The Sehnol was inycled by IndwMdEAII lTh%pectorAtr in January 2022 la Rpgulatrjry Complianc InswlkY)l. The mel all regA•Ory rwuireW￿$. In the mc61 re￿1 &lucation <knlily Inspection Isummer Term 20171 by Ihe In¢epen(knl Sch)(As Instwlorale. ￿ SCMKA was raw as'Ex¢ellenf, Ihe hyhesl ty)sgble grade. across both inspedion outc￿ne5 ac1Me¥er￿rt and w￿lS. devekynenll. The full reports ran be viewed the Sthod's wbsite. All 18av8rs wwe 10 progr8SS to lh8 s(trrt)l of th•r ¢bote. many of them rec•¥AThJ offers of Elaces and s&%il8rships During 2022123 the scr￿￿ SUI￿SSfi11ty reGwited a ￿ ￿adEl5h1p team 8NJ slaffiTpJ 5tnJdwe. This <%)mpri$ of a nevLf Headle¥¢trtr. a Deputy He8d With respwPJhty aca1ernts. a Depjty Heay wth resp)nsiblity for ￿$tor¥ ¢are 8nd ¥ Bursar. This change In leadBtsFThp struciur8 ensur￿ thai Ihe s¢hLKd was well ￿¥te￿ to trBFI ils 8mbitiCUS s¢hoDI Ynprovernenlobiectves. SchLW)I C¢uncil would Ike to take this OFWlunity to thk all our Aff ai the scthl and nursery ftr th8ir hatd work, edicalkm znd Support in the stra￿9￿ growth of the sch&)l. C￿￿￿1 %¥wkl aLg) like to thank all tor1h￿r Pat￿n￿. undeBtandhg and mrwgn tr perts1 The Schod is aGtNely SUp￿￿ted by FPTA. a separe reg￿tr2d C￿lty. the SchoDI CounrAI would like tD thank FPTA for tsir Cent￿u•d aNJ vathblt suppcrt. Fffter infaimalwM atwyjl FPTA cAn bè aceessad vk? the Schod We￿18 Ww.froebd￿n.¢orn. The S¢W ab¢ recei%es awslarte frTyn a number of )ltrw Pa￿nts aThJ sur4Y)rters Y4ilh activities such a readiry, woiect¥ trys. 4Ye 9rcfvl Ihis hdp. Finan¢lal rovltw Pupil fees Tre termly fees bef￿e￿ ￿e￿¢t￿ 0f￿Y bwsarEsaThY h8rdshipass￿tsrtr Ere'. Lower Kinderg¥ten'. £1,950 All Dlher fotrns. £2.g)O First SIEps Nursery ai Fr¢ebe&8￿ ojrrenlly a Sub414￿ wSng tssl reg￿ennY chldreTr thrEJugh b Ociober 2025. Fees dunng the 2022123 find￿￿￿ year¥￿e as f(kn'. Baby rLY)m." £65 per day TIMId￿r Pr£ SCI￿ ro￿￿5". £63 per day Financial results lor the year scho￿ Cwncil rep(yts an ov•r811 defKai Df£19).951 aler Bwrywd Hardship wants tth811ing£47.162. TTrw. FMP.h￿Ian Sr.hMI re.tDairLS Stra￿ due tn ￿L￿t￿liAlbakn￿ rege￿. H year-￿.￿ h￿3￿C*. of£331.497151ated after payrr£ntof the fmal Ofrelurb￿l rx)Stsl. Reserves Coun&1 regulady rèwews the ofrÈservÈs to the tÈtrn fuknre ofthÈ sth0￿ ts soc￿e. The School beI￿Ve5 Il ￿ pnKl￿t lo rnaintain a of rewves As al 31 AwJLtst 2023i>ur iolal reserves st(x>d at £2.4rn. ofwtrmch £2.3m We￿Unre$￿th￿.

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 Investment pollcy Invtssbront oflho aro gobtnK bytre Mc)Thyarthm kndcs 0fAssotsa￿0n tr1h￿h pcfmit moTh￿S to be Invesled as ¢m$￿ered app￿jp[1a1e atQ after tskry the ￿￿(￿ary p[ofeion￿ Invest￿￿1 I[Kx)￿ 1$ raid pnmarly ￿Ing dewsnwith Wks aThy1￿1￿5rvj sr¢es. mernor￿dlrn and Art￿￿5 orA55￿￿alp￿ prDFMbi15 IhB PaY￿￿￿Of y dMdetK15 lo the rnnbBTS. Th8 Sthjd CoutKil has a&%E659J the maiDr risk¥ to lh& 1$ ex[￿ed. army aTe sal6fied Ihat 8yslems ar8 w) p18¢e lo mityle exrm)￿￿ to m4or risks. Future Plans Council Inlends to ¢onDwe lis vjrrern raw ¢4 rnaki18inry the 8 COM￿"r1¥e market by investiw to proyide hvJh quaily 8du¢alvJn kyal wpL%. In addition, cou￿1 ￿￿￿13￿Y reviEWS ts strategy in order to continue tD FroebelK4n at the forefrDnt of excel￿￿1 educakn prov￿lan and care. Structure. savernance al￿ rnana9ErnEnt Th8 schc¥Jl was fouThJed in 1913 and i￿ed as a c(¥npany by guaratts8 Irv).CIY3260121 in 1969. Th2 Sd)ool is a r69isiÈred charity I￿.529111). c￿rnInG dwumont ctrnpany 1$ yOvèm8d by its Mm(srthm dat&Y 28 F4trAu8ry 1969. Gtsveming Lwjdy School Counal member5 se￿e a5 directors of Ihe c(xrpany and are the tharity lrnstees. Memb2rs ale e￿ted at a mÈÈiing of Ihp Schod Councl the bays OF r*¥ninakn rivÈd c£¥￿m￿Y dyblity. personal tsompÈtÈrte, wcialist sknlls and Ittal av8118knlity. ecunol FngJres ihai Ihwe ts * ￿(via￿ of dNefyty and ihai a r8lev8ni bl￿d of speualisi skills Is rewesentsd in the mernbership. Tr rnmbeTs th serytrj year are listed on Ltry81 a Adrrini%tr•Y p￿￿$ oflhis rerKrt All T￿￿teeS give up their btne and no re￿L¥￿t￿Nn ￿ exper￿3 for Iheir servi￿5 were pwid in fv year. In 2022123 no govarnty N porsts) Con￿l•d %wlh a 9ovemcY r8cew8d ary ￿r￿1ft m?arts t•si8d bJrsanes N hardship 2s$istTrce $Wa￿ed ioour pupils. Trusttrl llovwnor indudion and tsainw The Head ￿ the CWr of the Sthwl CIMJnul bri2f rnemb2r5 of the co￿1 Ihp worfungs of Ihe Schwl. This duCt￿n Includes an IntrtKIu¢bon to the a¥Yts of S(hMY. Charty infom￿￿1￿ M TiusteÈ reswnsibilrtitrs 8nd copies uf prffyious Counol Winulps and of I'LkS atbnL&al rfjrrfjrts atKJ accounlS. Thiough tnEmbetship of ihg Incorporatecl Asswaiion of Prewatw S¢lKK4$ I￿s). tr Ass(oalvM of Goveming Bodies of IrKJependent Schools IAGBISI. the lr￿epe￿enl Schools Burws'Awpalion IISBAI and of trt IWeThknt Sthools Councl IISCI, ¥pprow¥le traning is ploy￿ed for 311 seThor S￿ff mekn oltt C￿Cl (go¥￿￿1 (kgan16atlon mana9Thnt The Sch￿1 Council meèts at ￿8st ortÈ e&h terTn and lhe￿ uirÈÈ bmes yéar to dwÈminÈ the general poIKy Df Ihe SEtsJd charrtabl8 staiusl arwj to rewew rts t[w￿geT￿8￿1, pBrfCKmar￿e and fer which they are leg￿lY In adibon. the Sctrth Hos an AnnLal General Meelirg IAGMI to re￿1Ve and ppiove the audited accounts. The day to day man2gemenl ol the sc1K￿ is (lewted to the Head is thief executivel. assisted by the SenK)r Leadetthip TeaTh th8 &Jr5aT.

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 Rlsk managovnent Schty)I Counol keeps the ScW$ ￿lI￿lieS urthr p8rtiwLqrly wth re98rtl to any major ri5k$ Ihal m8y 8ns$, as well a5 kne systems and proce(lure5 est3blshe<l lo mwage jh￿. Each year at the AGM the Counul n5k management lo rnonrtor the effeGlveress of Int￿￿81 conlrds aThJ rrwsLies. Includ￿ insurartt cover. rnighl miligale risks alr8ay identifiEd The Sch¢x4 akn relans Ihe serv￿$ ol wialtst hfrllh and safety tonsullants dnd hurnan resource5 wnsuIknI$. Trustees The Coun￿1 IT￿SteeS). who also mnsbtLrte Ihe direci(K5 olthe ci)mJany fortre purpose5 ofihe CoryanEs Art al￿ w Served duritwJ th8 yearare Iksled the legd atvj adtnnthliye pages. No prolerence dnriden¢s pekl. The (tired￿$ th) not r￿￿rKI P8yTrwlola dwhY8nd. Stat•moni otTwusto•s r•sponslbW•s Company law requires the metnbets of thp to prepare finaxial stat￿T￿5 for fin￿CK￿l yeai wh￿h give a true and far ￿eW of the stats ol alfair5 of the c￿￿panY atKI of surplus defiThl Df Ihe cowny fDr thal period. In pre￿ng those fin8￿ra1 statetr&nt5. rThenknts oftr are requiiedtD $8lea sutsble 8ccounfjTrJ tKAkYe$ 8n¢ then Ih8m w&518nty: me wdgerrErtS and estwn8tes that arp yea5￿￿￿￿e and preparp the fin3nrAal slalernents on (x￿(%￿ basis unle55 it 15 inappri)priate lo presurne that ihe c￿panY wll th)linue In bLtsn8S8. mtmbets of IhÈ Ccmjntil a￿ reswKMwblÈ ft keÈpif¥J k¥(w recoids %¥hK dtsdose Wlh reasonab 8ccuracy at any litne Lhe fnanGkll p￿1￿)￿ of ￿ company and to 10 ensute Ihal lh8 f￿8￿¢￿1 $18lem8nts compty wth the C(xThpanies Act ￿6. They ¥e ￿s0 tor SafegUardr￿ Ihe assets of he coryany and hence for takin9 reasonthle stpps for the prevention and detection of fra￿ and other irrpgularilies. Thp tnpmbet5 of Ihe CounLiI rnust. in deterniniThJ hDW wnounts a"e wesenled with￿ itetll5 in Ihe 5talempnl of financ￿1 8¢IMlSes ana bal￿¢8 s￿8¢. hawe r8g8rd lo ￿lho repJrn&J or arrar0￿•ThI. in acccydance ¥Alh generally aC￿pIed actnunbty aid practi￿. The mefflbws of the Councl ha￿ laken dl steps that thèy (xjgm lohave laken to make thernselves ayare of any [8￿Vant audit infortrK41Kln and lo establth IhalthE Cotrparrfs aLvthtot5 are aware oftt￿. i1rf￿1V￿. Audltor au(tors, H￿tOn & Co LLP. w apwnted in the year. Th5 rep￿t FA5 beai wepared n a￿than￿With Ihe pThis￿5 a￿A￿able tocom[w￿5 sutyect to the Small Companies R•gine. The apwinlmentof Henlon 8 Co LLP a5 audrtorwas by he C￿￿11 at its ry￿etir0 on 28 January 2011

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 Dl¥do$urfrof Infonnallgn tr aydltor Each oflhe SchoDI Counol ha5 ccnfirmed Ihatlhere infoimatK)n ofwhth Ihey are aW￿e v4h￿h ￿ re￿Vant Lo the audit. bLrt ofwtlch th@ autitor is unawar8. Th&y hav& that hav8 takqn apFryriat8 stsps tD idBntify such rdevant Infomabon to esiaAsh th Is aw¥e Inf<Th*￿n. Tiusl8e$ r$FQrt W8$ awovel by th8 C(w￿. r S Bl¢kort0 Char ofcourol Datsl.. 11 ltsrch 2024

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED INDEPENDENT AUDITOlfS REPORT TO THE MEIABERS OF THE FROEBELIAN SCHOOL IHORSFORTHI LIMITED lon We have aujited the financ￿1 ststements of The Froeb2ian IFkA-sfotthl IllE'Sc￿>[A'j forthe year ended 31 August 2023 COrnpr￿ thB ￿t￿n(JaI ￿t1th. th& tho slatstnBnt ofcash flows and th notPs 10 IhÈfinancial sÈlpTren15, ￿￿udIng a iummwy (1s1gr¥f￿Int￿x￿tiry tx)IKJes re￿￿￿9 frafflework ihal has bn ap¢￿18￿ in ItrBir plEraI￿ ts typkn.cth L￿and Unrted Kitvjdom A¢(t￿li￿￿j siandarots. iTKluding Fina[￿441 Reporting Skndard 102 The stand￿aPpi￿e N) Èhe UK and Rep￿ of Irelartdlunited Kingdom Generally Aryted knnbrvj pr￿). In ouroFinKm, the Stat￿￿ents.. give 3 true arxl fair viwi ofthe state of knedwitaLqe uxnpanys a￿KS as at31 A￿ust 2023 and of its inLuning resourtEs re￿)Ur￿ li￿dI[￿j 15 I￿Aj[ne Èyrvjture, frwthe year tr￿ended", have tren prepa&J in al￿[dance￿￿th Unit&J Ar1￿ Au1J￿1￿j Practr." Basis foropinion We rxJnth¢iÈd (xjr aud¢ ￿ accord￿ wth InterT￿￿1 Sta￿8￿(￿ ￿ Au(tiry IUKI IISA¥ {UKllano awhcablè law. Our IP8Fxxb￿blI￿tis mder those $iarKlards e further dE￿bEd in AUdilors￿4J0￿￿bjli￿$ forthe&uditoflhe finènty81 Slal8mtrnlS dJon ofw report. WE artr i￿￿￿e￿yenI ollhp in Ih& elhtsl r6quiremtrn15 that a relevant t¢ wr aLkYil 0[￿e fnawal stsreTrEnrs in ￿ UK. Ir￿￿11791￿ FRC'S Elhral Skndard. and have fuylled wr other etru￿1 ￿SponsIbl111￿S in accorttarLe wth these requiiernents. We b￿￿¥￿ thal the audit widen￿ we have0b1ain￿j is sufficient arKJ approwale to proV￿e 3 basB I￿OUr0p￿i￿. Conclusions relating to goin9 con¢em In auditing the financial Sléletnents. wp havè Gr￿¢￿1dÈdthai Ihe TntsteÈs use oltt cortèm bas of &(thntirv) in thtr prEpara1￿￿ ol the [￿a￿al 51aiwD8nls r6 app￿￿￿18. Based on wark we have perfotmed. ¥￿ have n( naleri4 Urrertar￿s [￿ati￿ to 2￿￿ts or conditi(￿5 that. diwdu3Jly orcdlectivdy, rnay cast sw￿lf￿art doubt on the Sclths abAity lo￿ti￿e as a wing ￿￿tern for aperiod of at asl iwdveThontsf[a￿ when the financial slaterrHts ate authrxi5ed lorjssue. r reSpOn￿bill￿e5 the resporfybliiEs olthe Scth¢x)I re¥Ett&) corttrn we descriw inlhe re¥ant SeCt￿nS of thLS rep(wt. Olh•r Infomi8llon T￿ other irrformal￿n c(xDprises inforrnalKJn I[KIL￿ed ￿ the rEPJrtother Lhan the fi[￿G￿l statemBnts and Dur 8udilo¢s repcrt Ihereon. The Schwl C￿n￿l are re¥￿>￿E theother In[￿m81￿￿ sithin anmal rewrt Our opiniw on the finanoal statements does not COV￿lhe otv ￿f{￿M4￿0n ￿d. except lo the exlenl othewse eXplic￿Y stale¢ our report. we do nat expre55 any fonn d a5suiar￿e CO[￿u5￿]n ttterecm. OLf teS￿nsIbl1ty is to read the olher infotThab( and. n doing so, COns￿erWhethe1 other1if0rrna￿ is maten31￿1 it￿stent wth Ihe finan(xal staternents ￿0￿r know￿￿9 obtaithd in tr)e ctyjrse oflhB JdiL 4yatS ￿ be maiénally mtsskied. Ifwt idèntify Such maltrrial iicongAsien(ies ￿ app¥wt maknJ m6stai￿Thts. we ¥e wured to detemne ￿hetsr gives to a matsri misststerrent In the fina￿1¥ stslefflents ttrwnselves If. based on Ibe wryk ￿ heve wformed. we cM¢de that th¥e is 8 tnaierial misslatetnent ofthi5 othe[ inkwmabw. we a￿ reThMrwJ lo rewrt that fact We hav& ndhng to rw)rt m ths rewd. nl¢)ns ￿ other maners kw8s¢rlbod by ts C(ryanl88 A¢t2006 In Ouropnti). based M thè work undertakè) in the ￿rt* ofses of knv. Is ￿nth Ihe Iit)anoal stalefflents. and Ihe drectors, reFX)rt I￿￿)ded￿thIn IheTnJst£es re￿[ has been prep¥ed in accordance applitsble IBgal regul￿nE￿Is.

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED INDEPENDENT AUDITOlfS REPORT (CONTINUED) TO THE MEIABERS OF THE FROEBELIAN SCHOOL IHORSFORTHI LIMITED Matters ¢)n whl¢h we ar¢ ¢0 rowt tyy ¢y¢eFllon In the luhl of the knOw￿dge and ￿￿e[S￿di￿ ofthe SdKKA ib environtrEnl obtsIn￿ in Ihecourse oflh8 audit we have not ￿6￿t￿@d tnat8ria tni58ta8tnénts ￿ thB ditBct(xs' r8ptrt i[KI￿l￿d withn tt>B Truth85 f8pDrt We havtr nfthin9 to r8sp8¢t ofttlt4bww in C¢¥nr￿Nes Aci 2￿6 w￿r&S iL8 to r8port lo y￿j rf. in our cpnth". adequats acco￿11￿) rÈcJ)ids hav• Th)tb8en kopl. ￿ reiwnskqL48ts aLwJit have rwAbo8n rec8iv8d from branches n￿v￿￿e(l by us. c¢ the f￿anC￿al statements are ￿1 in agr￿rnent ¥thlhe ￿￿ntir￿j re¢xKdsa￿ rettJnB". or ¢erBin ￿￿¢￿SUr&S ￿trUSte$s. rernurWI￿ Spec￿d by L4¥e w ￿￿Je, C we heve n¢rt ieceNed ali theInf(￿5￿ and re4ure forow audit." Ihe Sthoal CounGilv4ere nol lo wep￿8 the fnanLyal stat￿ents ￿ &lOYdan￿ ¥éith ihe small compani65 rpgimp and IAkpAdvxniagp nfttr WYpAI in rrn)Xw thp TnJsiep.% rp.rth And frfjm Ihp. U1￿M8n110 a stra189￿ re Re8pOn￿bal￿s Of S¢h¢)ol Coun¢ll AS eArdain8d mce fully vl'.he st¥l8wII 0fTru￿￿e$ r8swbdiM are also Lhe ol tho Sch(x)I forthe W￿Se of compani law. are resE￿￿10r the prewali(kn of ts fi￿Cial statement5 and f(Y beinq satssfied Ih81 they give a true arf fair VEW. fry such Interr81 cwtrol as kne s¢￿ Cwncil demiine E n￿essery lo enable the pr8FN3ralKin of financial statetnents Ihal are frf from maerial TrNss-Ale￿l ¥vhetherdLE lo fraud or error. In Preparing th& finanual slalernents, the SctrKMA Cwnril reS￿5￿f0[ a55e5sry Ihe S￿￿￿'satI1tytO continue a5 a going concetn. isdo>ng. asarpl1c8￿, rnatters reigied lo wi19 ¢tr)cern arKY u¥ty Ihe w￿rg0)ncern b• of¥xwntin9 unw Ihe Sch(x)I nol inlwd lo IKiwdate th6 (arit companyw ty cease oWrab(￿s. or have rrt) realEtsc allgrnatsve but to¢0 so. Aurjitor's WP8PQWbsibiliqs foTlhe auditolthE 8lalenw rol'ecti¥es are to [eaS(￿aL4ea5SU[a￿ce a￿Ur￿l￿ertheffit￿lCI￿ statements as a wh(Ae are free fvoffl material misslaierrtnt, whetherdLt 10 fiaud orer1￿. and lo tsgJe &) aLKh1￿$ repm th ir¥JLwJes wr opiryon. Reasonabk assur8n a high levgl ofassLfdnce bjt ts not a gU￿￿te8 ihal w a￿￿11 accorda￿e vAth IgAs IUKI wll ah¥ays delect 2 material misststement when it exists. MisstsmentseAn arse trrn Irath oruror ￿ are (￿an5￿de￿￿ rnaterial if. idividuallY or In aggregate. thEy COU￿ re¥swa￿Y be exped8¢ ty hilluwcelhg decisiorE of users tskw on ts basi5 t¢ ese financial slatetnents. eKienl ID pnKedures are (%patrle aldetecbrxj iwrEg￿arIiEs. li￿dI￿ tra￿1. is detaled below. ReVI￿d ts natwe of the in(kn5ty and sect(w. the contrd enwron1￿nl￿1 ￿￿￿nesS ￿rtormal￿ torthe year. Identifwng the L4Ws ar￿ rewlakns co[￿nYOpetateS wth r￿ana￿￿ent iftrEy a￿ aW￿e0f any c0trplr￿c8 Issue& Discussed hrwi and where fraud nw ￿1h al ottr£ audl e￿err￿1ts￿. In line with al >Jdits und8r ISAS ILKI wa w8r r8quired 10 perf￿M 18sts to respond 10 the risk of m)agem&nl ovemde. We tested the 3￿rO￿atene5s entrEs. evauated the juthJements made for acc￿n￿n9 estimaies lo assess ifany bH5. and assessed the rati(￿￿ belirKJ allys19nrf￿1H ￿￿U31 tran5acbi)ns. A fLYtherdÈs¢rption ofow re$w￿￿liies i$avadablt the FInka￿ Rewting CtyJn¢41'¥ hltps."Itwrnwfr¢.cry.uklaudrtcryespwblit Ihis d0s0irrti￿ fonY6 rKa1 ofow avditorfs EpM.

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED INDEPENDENT AUDITOlfS REPORT (CONTINUED) TO THE MEIABERS OF THE FROEBELIAN SCHOOL IHORSFORTHI LIMITED U50 of our ropwt TFMS rEP(Kt is mad8 sdety to the Ch￿tal￿e crAnpany's t[EMb￿s. as a t￿y. In accordan(% with cha￿er 3 of Part 16 oflhÈ Cotnpani8sAGI 2006. Our auditwork has b8En urKl8rtakBn so tr￿tw@ tnwJht stat8 tDth8 charrtab￿ mBmb8rs Ih05e mÈttÉrs we are 'equired ID state to thetn In * audit(￿5 rewxtat¥J ￿ rKiolher purtK)5e. To thpfijllesl ext￿1 permitted by kw. we do not accept vr r9$￿￿11ty Toan)fft than fariiaiAe ¢(YTrpany IhB tharrtaLle co￿any'S members as a body. wr aLlit ￿rf(. forlhs re[￿ or the crfXn￿S we have forrned. Chrfs Howttt IS•4or stsiulory A￿lIt￿) lorand on boh8KofH•nto 11 IA4fth 2024 Chartored ACCOUn￿lts ststthory JJdltor 118 North Street West Yorkshye LS2 7PN

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED STATEMENT OF FINANCIAL ACTIVMES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGLIST 2023 To1 Unro8tri¢tsd Ro8tri¢tod lund5 funds 2022 2022 Total 2023 2023 Notes In¢omo fw: Donatso￿ and lega¢Es Ch￿lIats￿ ¥tyvibes Other tradiTrJ a￿l￿beS Investtnents 25,985 25.985 2.375.339 30.029 2.344 2.296.95B 12.031 2.2,958 12.031 2.375.339 30.029 1344 Totsl income 2,315.997 2.315.997 2.407.712 2S,985 2.433,697 Expon(tur• on: charitab￿ Kbvtbes 2.459.786 47.1tr2 2.506.948 2,176.935 57,320 2,234.255 Totsl expenthture 2.459.786 47.162 2,116.935 57,320 2.234.255 Not Incornellexppndlturpl 1143.7891 147.1621 I1￿.951) 2Y).777 131.3351 199.412 TrdiibfEr& bElweEn futvts 136.295 Net movenwnt In funds 1180,0841 110.8671 I1￿.951) 230.717 131.3351 199.442 ReconcIlla￿an of lund5'. Fund bal8rKes al 1 Sepi￿b 2D22 2.627.994 80.672 2.608.666 2,￿7.217 112,￿7 2.409.224 Fund b•lJnc¢3 Jt 31 4 2U23 2.347.910 69.805 2.417.715 2,527.994 ,672 2.808.668 The slatefflentoffinanual athitEs all gansand k>s5es rwi5ed in the year. irKX)me expenditure derive frorn ¢ontrKiw actMts. pagB5 13 to 27 pt L*thB5P fjnarhial 51atettRwts. 10-

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED BALANCE SHEET ASAT31AUGUST20?3 2023 2022 Flxed Bssel¥ langible assets 13 2.260.737 2.269.154 Cuvrent assets Debiors Cash at barlg and h ha 14 118.102 63.646 449.599 621.005 Crnditorn: mo￿ts￿li1n9 wilhin on• year 15 1292.6211 1281,4931 t ¢urrentass•ts 156.978 339.512 Totsl assets less cuThent liatHlibe¥ 2,417,715 2.608,666 Not 8$s8ts ex¢ludlry pwslon I￿￿11￿ 2.417.715 2.&]8.f The funds of Scho Restricted irKom& funi Un￿Stricted futvJ5 17 80.672 2.527.YJ4 2.347.910 2.417.715 2.e￿8.666 Thg r￿t&s￿n page$ 13 to 27 (Kthese finatKial state[r￿ts. Thefinancwl slaternents were apwoved bytrÈ $rrA￿ 11 March 2024 Mr S B￿kèrIOn Chalr Ol￿n£* Cowany registrati1￿ ThJmberlA)926012 IEn9L¥xJ atxl Ylale5)

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED STATEMENT OF CASH FLOVVS FOR THE YEAR ENDED 31 AUGUST 2023 2023 2022 Cash llowsfrom opornung actmtfigs Cash (absort￿ byyg8nerated from OPEratK)Tr& 1158.7611 89.r150 InveGtln9 actlvStles PLYchase ol￿gI￿e fiAe(l assets Proceed5 from disp05a of kngl￿E assd5 tT4.1091 1217.wl 8.789 2.344 Investment rv>)me ￿Wd Not cash used in IrNestiny acti¥tlles 167.101} 1206.TTI1 NBt tash used in finan¢iwJ C￿e% Not dgGrease kn Gash and cash *qulvalenis 122J.8621 1117.7211 Cash cash equivalents at WinrifvJ Df 557.359 S75.(￿0 Cash and cash equlv¥erts at end of y 331.497 557.359 Thè r￿￿&1)Th pages 13 to 27 fc￿1 wt finarKaal stat￿nE￿￿. 12-

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 A￿OUnt￿9 pol￿195 Charity inlarmBtit The FroeiElian 8#KJd (H￿￿1h) a tTh7IÈwmp￿y k"mited try gU￿te4 ￿()Y[￿l[￿e0 in ErKJlond Wa￿5 The re5iaered Offi￿ 15 Road. HLYsfLth. Leeds. LS184L8. 1.1 A¢countlg comtenti Tho finanasl stat8rnonts hth bèsn in a(%￿rdan￿￿IIh Ihè K4èmrJrandum and of AssotiaiK)n. CompaniesA¢i 2CK6 arQ-AcCt¥jn￿ ar1 ReW￿r￿￿ by Ch•￿t$." StaiÈmÈni of RecoM￿nded Pr&tKe appl￿b￿ to ¢Thanlies pw8nrvJ ac¢wnlS in &¢[￿d8[￿ Ihp FinEial Reptsrtng sla￿ard applicatrde in the UK and RwubSc of IreL¥￿1 IFRS 1021- las anended tor attountiThJ ￿riOdS a)mmencing trom 1 JanLWry 20161. The Sch(￿1 s a PUb￿C aenpfft Enlty 35 (lefined by FRS 102. The finanu81 sta￿￿nts a￿ l¥epa￿d ￿ Stsdirwj. whth is Ihe tsJr¢erKyol the Mwtaryamunts Sn ih8sefinanci81 $1818mwis e r￿r¢8￿ 10 lh& ￿18$1 £. The finan(Mal staterr￿nts have been wep¥ed uThrthe a)Sta￿}￿lIDn. The tKnci)al a￿nI1￿ pol(aes adoptsd are Set Wi bek)w. 1.2 Goln9 concem Al the lirne of approvirvj 1hefina￿iaI stat￿lS. the CThJvKil he a rea￿￿tsb￿ expèctation Ihai thè Sch￿1 has adequate resouTcesto conknnue ￿ ?perational e￿stenCe tsthE foTeSeeab￿ fuiure. Thus the SL￿)01 Council nlinue lo adorl Ihe gyr¥J cortem ￿ Of•))￿n￿￿ in Iheffiwci¥ s19teM￿ 1.3 Ch3ri¢able lund% Unresirthd l￿d$ a￿ avwLle use d￿Et￿ ofihe ￿Thy1 in futherartr ol ¢harikqNe obiectrwe5. Restrthd fLnds¥e those thThted fr￿USe in a patKJJk area (Y are kn 5pe(ak pu￿￿. the use ofwlich is to Ih818rea (K wrpJ8e. Erylwrrentfunds are 10 speoft Co￿rt￿ by (S)vs thaithe captsi rnusi ￿ m•Mned by the Sch(w)l. 1.4 Incomlng re50wce5 Income i8 re¢ogn68d wtsn SrKE Ihe Schwl been nolffjed ofthe donaton. unless g)ndrfityis requre d¥fwr¥ ¢lthe awJni. Inccwne re¢oveiabb in relati￿ to don3tons recetved under Gift ordeeds ofcovenani is r￿niSed althe tme of the dImti￿. DOnati￿S receNable for the general putwses of the Charity are Credit￿ to Unre51ticted Fu￿s. Donations for purFxhses reslricted by Ihe wishes Of￿ dDn(Y are tthen lo RethX8d FuTrd5wkMe Ih85e wthes Wly bi(ing on the Council. 8xcept that driy thiK)uiiis lewir￿ iu be ds tidp1￿1 li acLx¥tdthiL￿￿l tslies dltt ￿￿111xl lor litle￿ ds Endt)wments. perffrenl or ￿the natyre ofts reslrKty. Turno¥gr 1$ Measured al lh8 fair ofts cor6wJerabon raxived tw rece￿8118 a￿1 rewe$8nts 8mounl$ r8¢eN8￿￿ for tees torlhp sch(x>l ye￿end￿￿ 31 A￿ust2023. 13-

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 ACcoUntw￿ pol￿•e$ (Continued) .5 Re8ource8 expended Cxpendilure Is r￿(￿J￿iSed I￿￿1here oriThstnMNe dAvja1￿to tra[the(￿Orn1C benefrttoa third party, rt 1$ kYObabl6 thai a Iransfrot￿rth￿ bènaffts ba reQ￿red w) Stlty8ff￿1. amoml of oblKJabon Can b& mea9Jred rdigbly. ExpPrKIlu￿ is d¥s5ifpd byxty￿ty. (xEts oleh vity tnJ& ￿pOItt￿P tdal of dirp¢twsts ¥t¥J 5hatpd costs. ￿ChIdir¥j 5UPP(wt C0515 irwdv in undettthrvJ eth ativity. Direcl Ix)5ts aknbUla￿e lo a single artmty are 811c￿ed di¢ctlyl0 th818¢b¥rty Shwed ts%ts wtmch to rn0¢ th8n tr)e avrty and support costs ￿h1¢h 8re nol aunbutsbk lo a $ngle bvity aty Wween iho acbvib8s a >asi8 th)ntsi$ienl the u$8 of resources. Central slaff c05tsare dkKated on Ihe I￿S otime SI￿( ￿ deweeAion charge5 are ￿l￿ted on tr portK)n of thè assÈis use. Direct expenditure is sumrnari5ed umler fU￿ti)nal heading5 on 3 di￿1 c05t basis. Fu overhead costs. 11 Is appotboned according to [￿anage[r￿￿t esbrnate5. TIE it[￿verable ￿eThe￿t of VAT ￿ induded with the ilern of exp￿$& tOY4hKh il mlates. 1.6 Tanglble flx•d s5s•ts Tangib￿ fix￿ assai$ ¥e inthaly mtra￿d at CtsSLand Sut￿u￿ntyMÈa￿jred att£torvaluabon, n&of depreciation and any Impwrmeni losses. DeprecialK>n h35 been S￿￿led on ￿91b￿ assets to ¥fflle off the a)st over th￿[ useful lives al(pting Ihe follo￿ng te5 and ba5e5." Land tMJldir¥Js Fiytures, fitbrvjs & equpmenl IT equipment 1% Stra￿h1 Sne 33.33% syawi I￿E The ￿An or loss ari5irvJ on Ihe disFKwI of an as5& Sdetetrnw￿l as the(￿erer￿e betsEen Sale proceeds and thg Gatryng ¥alu8 Dflhe asSEI. is reC￿￿ed in Ststerr￿rtOfffin￿¢la acbvrfies. 1.7 Impnnt oftsod os$8ts At e3ch reportng end date. SttK>oI reyews Ihe carryww ar￿XInts of is asseis 10 (termKie wheiherihere Is ￿Y mdical￿Th that those 8ssds have suffered * imp£4nYMi ths. If aly SLN iNffi¢ation exists. re¢ovei8ble amouni of ihe awl estimated #i or0¥ lodetwmir ihe extenloftrÈ iDyirwi k)ss Irf any!. 1.8 Cash ond cash •quival•nls Cash cash ￿1valents Indude cash in hand. detKWts he￿ alcall wth bars. Olhershort-term li(WKI investments with ori£inal maturrfies dtlyee t￿￿th5O[ kn. (Nerilrafts. Baroverdrdfts are SI￿ I￿￿￿7n95 in curr8nl liabilthes. 1.9 Flnanelal knstrum•nts The has ele¢ièd 10 the 11 Bas￿ Fin￿￿1￿ 1￿M•￿5. aThJ Sectv)n 12'CMhèr Financial Instrurnents Issues. of FRS 102 10 1 of ts fin>)¢K¥ instrurrwts Financial instrurt￿￿ts are in the bakn￿ sheetythen SckKK4 becomes party to the u)nlrthal Financial assBtsaDd Saknlil¥e off$￿. Y￿1h the nel rY8¥•nt8d il the finatKia slatF￿￿Trts. when IhFFa Is a I￿alty enforceable nghtto set off rec￿gn￿￿ anounts there is ￿ Intenti￿ 10 seiueijna net ba5E orto real￿e the asset and settle Ihe liablty ￿￿u￿e￿L. 14-

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 ACcoUntw￿ pol￿•e$ (Continued) Basifinancial assets. whKth indule debtL￿s bank ban￿. ¥e [I￿red attransacbon wr£. Financial a$￿SdaS$ffj￿ as r8ceiv8bl¥ ithin c￿try88r ao an￿118•]. Basie Iln•n¢ll liabilAlie$ Ba5￿finanC￿l liabili8s. trdrt¢x barth k>ans arè twntsèd attrangac1￿n pri¢. Finanrial li9txl￿&S da8sifiÈd as paYsb￿¥￿tt)l1 or ate rK)t ￿tsed. Trdde CredIt￿S are otAigat￿n5 lo pay orSerV￿5 have been ar4￿red the ordinary eour5e ot opera1(￿5 frlY￿ supph'ets. Arnounts pardb￿ are dassif￿d a5 c￿Tent IHt¥lties If p3ynent 15 due %vithin one year ar less. W wl. they are ￿￿ented a5 rw-curtEnl Trad8 Gredrtot5 ￿ recowi%ed iThlialy al Irdn5xbon and subsequenty rneasured at arn(xti5ed tDst tre eflethe I￿lEr￿st t1￿￿￿￿1. Der8¢ognlllon of Ilnond•lll4blll¢les Financi81 liabilibes are deretwised then sc￿￿A's rxntradual ￿￿atiOnS ewre or aredwtrorged crf r8Trcel￿d. 1.10 Employetr btnofits The tx)st of any unused hdvjay entiuemenl ￿ rwntsed in the perKxI inwhth Ihe eWyeesser¥ic8sare re￿nie Temihallon benafts are wo9nised I)￿8￿8(@1Ya58n aipens8 wh8n1tr4 SdKd is ¢ommift8d to tetrniDale th8 e[￿0￿[￿ empk)yee ￿t0 PTUVKle term￿al￿ benefiis. 1.11 Trt￿ FairlTw By ItE rn8￿re of ils ¥dKvitEs. Ihe Ccthp8ny is a rnaking Organ￿￿n be¢¥use of this. 8 Profft d Lws Accwnt is Ih85e accowts. replxed by 8 Statementof F￿ancial ActNilb8S. 1.12 Donations Donali¢n$ re¢eiY8Ne f¢x th8 ge￿181 wrposes ol lh8 Chiy 8r? lo Uni8slrictwJ FurKJs. Donath)ns f purposes resthcled by the w5hes ol Ihe are laken w e95trirlod Funds whwe these wEhes arg legally biDdng on Ihe Counul. ex￿p1 that aiy arrAwnls required to be ietaied as Cyal in accudance Mlh the donc<s WLshes are for instsa as ErKknvmw)ts. ktmitntw txtEndat4È ￿)rt￿Thj to the na￿te oftr reststhn. 1.13 Share ca￿1 Th& cornpany ha5 no Share cawial. Th8 liatslty of the [r￿[th￿ is by Guardnlee. each member hawng dertaken 1¢ Cmuibute s￿h roi ex¢eedTrJ as be wuired eveni ofthe company bemg %vwnd up whilst he￿She i4 8 rKwithin Dne yeartrHe Crltl¢al èstim•s judgtrmÈnts In Ihe ap￿Ica00￿ of the SCI￿r5 ￿(XAl￿r¥j wlcips. Ihe SdMxA c￿￿￿lar￿ reqL¥fEd to rnake I￿gements, estimates and assumptM$ a￿ul Ihtr ofas$ètsar￿ Ik8knhbe8 thai ère rJtrèadly4parent from othpr sourt88. The esDmi8$ assooaled assumpiws are bosed h&)rtal eW8r￿ andoihei facwts that are consid&r6d to be rdevant Act￿ resutt5 may drff¥frNn I￿ estYTretes. The uretyng aSs￿￿p￿onS are rew￿l¥ed on an otwng b￿5. Re￿51￿5 to accounting esbtnates are rectsJnised in the per￿￿ in Ihe esbtrwte $ affetls onlythai pul￿. or in thtr ￿ntsd or the r8yisw)n arQ lulurfj pE[￿S aifg¢1s both fulutB pericwjs. 15-

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 knGom¢ from J(￿lon$ and lewl¢s RestrictEd funds 2022 hjnds 2023 Donalh?rtsaTrJ g•ls 25.￿5 come Imm ¢h•riiaW a￿1111•8 Urw¢Strl¢t•d VnrgstyiMwl fundx funds 2023 2022 Fees rewvab 2,296.956 2.375.339 kncome from Irk￿￿0[ Vnr8stri¢ted Unr•$tri¢t funds nds 2023 Interest receNable Olh8r In¢t Unrpstricted Unre5tric*d fu￿8 2DrJ OtherinC￿￿e Nel gain on disposal o1targble1￿￿ assets Rentrl Inwtr 1.266 20.135 1.314 10.765 12.031 30.(Y29 16-

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 Chpr#ablo a¢thlts Total 2W23 Total 2023 2•23 2023 Teaching costs Wellwe costs Prernk*s ManageTnent & tdmini%lrai Chantabb donalor 1.513.414 57.091 231.531 95.%9 146.169 94.102 47,162 1.802.036 164.037 227.512 260.741 47.162 1.571.876 136.916 238.f66 224.687 57,320 51.D34 166.639 24.369 1.805.155 81. B14.933 2.￿1.548 2.229.455 F￿5 pay3t￿e to a￿li10r- audit 5,4 5.400 I.PKJ5.155 81.460 620.333 2.506.948 2.234.255 Anatysls by fund un￿$trIcItd fmds Res¢rtied fLnds 1.805.155 81.460 573.171 47.162 2.459.786 47.162 2,176.935 57.320 1.805,155 81.460 620.333 2.Sm.948 2,234.255 Prioryear Unrestrrtsd knds Resirthd fLwds 1.624.140 70.052 482.743 57.320 2.176.935 57.320 1.624.140 70.052 S40.(￿3 2.234.255 2122 Toachlng ¢osty In¢ludo: ool activibesand woects School books & equipfflenl ?4.569 21.120 19.814 TNolfar• costs Include.. F(￿￿ aryd kitchen expenses 82.687 Pr•mifjes irKhKI•.' Repaits and renw¥3Js Cleaning 28.053 6.140 37.958 7.381 G0￿rrbaNee tO$ts im¢lLKk'. Auditors rcmuneratM)n 17-

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 Mot mvfyment kn fvnds 2023 2022 Thfy nFt I￿V*m￿ntin fthd$ ts ¥tsted aftrr tharyiny1lts￿￿ThJl". DepreciabDll of (T￿ned langlAefrAed a58ets 82,526 70.053 82.526 70.a53 18-

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 S¢hopl CrJun¢il None of Scbod Countl lor ¥¥)y pers1￿$ t￿n¢t18d reved any r￿￿n￿￿ts¢)n frf benèffts fr¢n) th¢ ¥Jl duriD9 the year. Mernb￿S ofthe Couwil recewed no ￿nera￿ ￿ rEs￿Of1hey ruleas dredofand trus￿. 1D Auditors remunwatiDn The alysi$ of8uthiorfs rgmutwalv)n 8 as fdbws". F$9$ payabl• tothg S¢hool's audrtor and assocl¥%: 2023 2022 A￿rt ofthè Sthoof5 annual &Étt￿ts 5.4CX) In respoci of a8soclatsd p￿8￿￿ sc￿m•S 19-

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 11 En¥Jbyo¢$ Nurnber of ernployee The ￿er￿e Thonthly wmbgr of Ihe year w.' 2023 Nwnber Number Teachers Te¢hing Assislan DotDfr51iG AdministraDon Nursery 14 21 61 Totsl 2023 21123 2022 Wages and salar￿5 soc￿1 security ￿sts Oth￿penS￿ costs 167.126 1.453.353 124.496 129.773 1.296.809 109,049 130. 11.292 31.055 117.742 218.246 1.707.622 1.536.818 Dunng the ye ¢harit8tlB cornp8Dy wdetWBrt ¢14angBs. Thts Ih3s Tu11￿j In a hig1￿r staffing costforthe year than Th)rrnal It has resulted in 2 meIrt)￿S of slaflearrwng over £60.0￿. has teen caused by a member ￿Slaff steppng w> *tH￿at￿￿￿Tr￿)er0f staff vrds abs2nl fr(wn th. 2023 Mumbor Teaching 12 Taxatlon The (￿ryany is a Registeral Chty FYDVKSWVJ pl1￿￿1￿￿ r￿ed5 a5 is exempt taxat￿￿.

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 13 Tanglblg flxed &eV￿?￿ Cost At 1 S6ptemtr 2￿￿2 2,436.662 7.077 661,178 67,032 3.097.840 74.109 AI 31 AwJus12023 2,443.739 728,210 3,171.949 Depre¢ialion and impwmwt Al 1 Septsmber 2022 Deptsciabon thargBd in Iheyear 351.709 24.448 476.9TT 58,078 828. 82.526 AI 31 AugL￿1 2023 376.157 535,055 911.212 Carry4ng amowrt At 31 ￿LE12￿23 2,C7.582 193,155 2,2é0.737 At 31 Augusl 2022 2.084.953 184,2Ql 2.2fj9.154 14 Dobtors 2023 2022 Amounts falling due within one yw. Trade debty5 Orherdeblor5 PreFkyments and arxrued irKx)me 49.417 9.9 58.693 25.286 3.L5 35.135 118.1￿2 63.646 15 Cr•dltor5'. amounts falllngth•within y￿r 2023 2022 Notes OthBf tsxaiw)n and ￿jrIty Deferred irKom Trade credito Othercredit(￿s Actruals and defer￿d Ir￿ 27.424 109.210 88,4 21.709 45.798 26.478 87.927 120.331 26.429 20.328 16 292,fj21 281.493 21

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 16 Dof•rrod 2023 Z022 OthBrdefetred Itvjyne 109210 87.927 20rJ 2tr22 Deferred income is nthdedwitrin.. Curreni IL8tAlibes ICVJ210 87.927 Movewnts in year.. Deferred income at 1 September 2022 ReS￿rr£S deferred in Ihe year 87.927 21283 122.640 134.7131 D8fwr8d if￿(Y￿ al 31 ALYJU512023 109.210 87.927 17 Restri¢t8dlundg The rsthciad fundsoTlhè th8rfty Ihe b¥knc8ofdMwxts8nd grants hdd on tm$t subjectio specific cur￿￿￿￿5 by a5 to hovj they be ￿d. At 1 SepternbEr kncoffling Res(nwces Tvansfers At 31 August 2023 Fundpising account Restrtied dc)81ti)s Bursary and hardshp 13.4691 3T.6f1 46.4E 13.4691 37.661 35.613 147.1621 36295 147.1621 36295 fi9.￿5 Pr•vbus yoar.. Transf8rs Ai 31 August 2022 Fundraising account Restrrtsd and hwdshp 13.4691 11.676 lo3.￿) 13.4691 37.661 46.480 2S.985 15T.J201 112.￿7 2S.985 157.3201 80.672

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 17 Re$trictedlunth (Continued) Thc fundrai8in9 eccounl ￿lerS to bjndrakyry cerri>y YJt by ihc ScAxl ¥eth•lyfty the purpose of rna￿￿9 donati￿3 to other ￿0$. Resththed dMaO¢ms- rth to spècrft doftatio￿ by partnts to smiztrs for the Verity Cup. an Enwronrnertal alleng8 8ThJ rtc8ntrt￿al1￿I Iha FPTA fty n¥w FI1￿rOL￿d ￿l￿rnI. The Schocl. in reCO￿rtI)n of rfs charita￿e stskns. esiaNisW ¥ fvnd to suFyort for wrrenl fuLr8 pupils who experien￿ diffiajthes in I￿r C(mnfftth￿fit1Dthe SCM 18 Unrestrfctod fvThd5 The Lyyeslricted funds of the chantyc(xnwse kneuneXpe￿&I bala[￿eS ofnalKknS grants which are rth subl￿t to spetific ¢ondibons by d￿(￿$ and ￿ntOts as ￿aY ￿ used. These ir%ludè designated funds which haye be8n sel as￿8 out ol unrestr￿80 fur￿$ by Iho truees fty PtyP)$85. Trnnsfws A¢ 31 August 2023 GeTh￿ funds 2.527. 12.459.786) 136,2951 2.347.910 Pr•v*)us y•ar'. Coming R•wx¢es •xpondAd Tvansftts At 31 August 2022 Genwal fu￿$ 2.297.217 2.407.712 12.176.9351 2.527. 19 Arlatysls of n¢t a￿ts b¢ttw¢en fvnds Unr95trictsd R•strkt•d nds 2023 Total 2023 2023 At 31 Augu5t2Q23: Tangib￿ assets Current asseWllot¥I￿e$j 2.260.737 87.173 2,250.737 156.978 2,347,910 69,805 2.417.115 -23-

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 Anatysits of net assets bet￿efi funds (Continued) Total fund8 2022 2022 2022 At 31 August 2fj22= T￿ng1b￿ a55¢ts Current 8ssets1l1o￿1￿.esI 2.289.154 258.840 2.2fj9.1Y 339.512 80,672 2.$27.994 80.672 2.608.f 20 Relètsd yrty tAll8a¢tw)ns During tho yew Kenneth 8e8ty. wfv) wasa of Th& Frodw SchxA (Horskffth Limiitd uniil his rtsignabm on 31 2023. is a drectrr Dfa comFanywhth ￿timatety th¥ns Sag4rsAccounlants. prDwded accounting awce ￿ the sthd. Tre tow expensed In the year w85.-7.9S8 12022 £nill. there was£3.(X)0 12022 fThll outstsndirvj al IIE yearend. The sclKMS a150 hncurred costs d£6.47912W2? £nill toArKlerson. Andetsw & Brown. who are part of say￿ The arnowl Outsta￿￿￿9 attheyear end is £1.85512022 £nill. There were rK) ollw disdos8bl8 r￿81￿ party Irar6a¢b"wts dwir¥J Ihe year12022. -24-

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 21 Penslon ￿￿ts The mekes per¢icAI contnbutyms under the Te)eeSpensh￿ Scherne {TPS} Tre Pensv)ns Trust Growb Plan. assets of bolh schemesare he￿ setwa'.ety triyn those of in IndendenUy a0￿￿￿le￿￿ lJnd$. The anounts re￿niSed hi the Slalernenlol FnarKJal A{￿ a5 an expense lor b(th schemes was £119.77312022.. £145,075). 1rd￿ed in tyediltts 81 IhÈ yearend was a balance of 115.￿?712022.. £18.1001 in rtssp8Ct of unpaid ontributi(￿s. PENWIN TRUST GRowfH PLAN The charitab￿ Coryany ￿r￿Cipa￿S in Ihe ￿l￿ne. a scheme ¥%lNch provides benefits to some 1,300 ￿On-as￿ated parkncipabr¥J eThp￿yerS. The s(IErne sa beneTh sch￿lle in Ihe UK.1115 [X)S￿ble for the companyto ob￿n InftYtraiiN 10 enab￿ il 10 scawnB as a tsfinad bBn&fil ¥¢hamB. Thwefor& 11 accounts Ihe as a ¢Jefine¢ cthilnPJJlth sttffe. The scheme is classified asa Yasl man str1￿1￿ JBngeTrw:' Tlwef¢ye Ihe C(Knp￿Y is w¢￿1￿￿11Y liable f(Y other part￿pating empknyer5' OtAigalKJn5 rftri>se are unatAe to rnee1lh￿fshare of scheme defic follomng wilhdpw81 from the s(eme. Pa￿paIn9 eftwloyets we re4u¥ed to med sh8re ofthe schemedeficrt on an annuity purttose ba$Eon Wilhdra￿￿l Irtym ih&¥thew. A fvll dduarial v81uation forts sch￿n￿waS out at 30 Septemw 2017. v4uahw strth¥ed assets of £794 9m. liabilit￿S of £926.4rn a dÈficrtof£131.￿n. To dltrmr￿le jh￿ fun(rvJ shortrai. theT[US￿ has asked the part￿￿Pa]Ing etnpkjyers ID pay adLfjliond to the stheTtE as klhJw5. Defi¢ii ¢oniribution$ £11 243 COO pw antxwn (Payab￿ and e￿￿9 by 3% eath on 1st From 1 Awil 2019 10 31 Juary 2025.. u￿esS a 1￿cesS￿￿ has been agr￿ vthh Ihe Tr￿stee t￿M to 31 January 202S ap￿￿. Noie ir S¢heNts Valuat￿ was ¢•mea fwfwrth an etleciNe dale ot 30 September 2014. Vhls valu811 shov48d assels of £793.4m. IiaknlilÈs of and 8 def￿1 of £176.￿. To diminale trs funding $h￿￿all. Trustee has asked the part￿pating errpknyers:o pay contthl1￿Sto the scheme a5folows: D•fitit contributii)nts t12.945.440 ￿ anrwm (payab￿ monthly and irtrewng by 3% eath fy7 1st From 1 Awl 201610 30 Sep￿ber2￿25.. £54.560 per anrnm (payabk mnihty and i￿￿r￿j by 3% eath ￿ 1st From 1 Awl 201610 30 Sepl￿b￿2028'. The rÈcovÈry p￿n are al¢)caied to piKipatns Èmjoyei ￿ line wrfh ther estimated sharé of ihe $8nes 1 and SenFs 2 ¥thernF Ikknlths. Where the scheme Is ￿ defiut atvj wh8re Ihe ￿j￿anY has ag￿ed b a defiL¥t funditvj arrang￿￿￿￿t Ihfr cotnpany Tecowi5es a Ira￿lily tor ibi5 oNvJaiK>n The a￿K￿ffl reco9llised is Ihe net ￿￿e￿i value of Ihe deFIQl TeduciK)n contriOutstr)s pay8blt und8rtr a9￿￿1 rdaies to daficrt. The present value c4culai6d usin9 th6 dis¢tyJnl ra￿ (btai￿￿ in th8S8 dE(h￿Jrs. Th ￿￿10￿•¥j dlh&di5coJ•I Rt is as a filwictl ¢￿t -25-

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 21 Pension costs (Continued) TEA¢HERS' PENSIOM SCHEME ITPSI Introduction The Teachers, PensK)n Sdwffte ITPSI ￿ a stalutory Cont[￿￿1￿. ￿ffined benefit 5cheThe. ￿Vern￿ by the Teacher5. Pen51Dns Regulations 2010. and IhE Teater5' Pension Stherne REgulalB)ns 2014. These regu￿1￿)￿5 apply to teacknrs in schooL8 ond other cduulNxid c51tt>lishmcnls indtsdiTrJ aC￿MieS. in England Walcs that are maintained by thal auihoriSes In adLliKn. lex￿r$ in many iThY8pend8nl and ￿￿nIary-aId8d 8¢hOts￿ and ia¢h6rs and leciuws in s(N￿e e5tatrAishments of further and hvJher ￿Ucat￿ tnay be elwJ1b￿ f(x metnber5bip. ￿￿bershiP is aulixnatic for full-btne teactr￿r5 and letturers a￿. ftDtn 1 January 21N)7, auiomaliG for le￿￿￿[S and I￿U[er8 in p lime emtyoynEni thar￿ ofclffilxl. Ters leuurwswe able lo opl aut of the TPS T•a¢￿T$. Pen4on Bwng and Valuthi A¢cwnt th0￿h rnamtrs may be ￿￿40Yed by varirKts btyJs. thr 18Dr6nwt aTrJ other bonefits ar8 tsel wt in reoulaiK)n5 rnade urKlei Ihe Superanmation Acl 1972 SernN￿ p￿s￿￿5 Act 2013 and are paid by public f￿dS provided ty Partiarnent. The TPS is ￿ unfurnled sct￿The arnl members wntfbute on a'pay as you go. basi5- thpse CDntribulions, 4lh tr￿e ft￿1e by empknyets, atÈ trahted lo IhÈ Exdwuer undprarrarvJtrThntS gove[r￿d by IhÈ 8bov8 Act The Toa¢hèrs' Pfrnsknn Re9uM1￿$ requre an annual aco)unL Ihtr Teach8r8' Pansion 8udy&fjNJ 8nd Valuatlon A¢¢ounl. 10 be kepl of receipts and eI￿rtU[￿ (ItbJding the C￿1 ol t￿$¥J￿ ItKre¥si. Fffjtn l April . the AcwuDI has been credit&J wnh a re31 rale of rwum. whKth is e￿￿￿ent to a5surniw Ihat Ihe b￿an￿ in the AcLount Is Invested in r￿onal invesknerrts that wLKJu￿that real rale ol reknm. Valuknon ofthoT•achor5' PO￿0￿ Schemp The lalesl &iuatial review Df the TPS vras Thjl as al 31 2016 atKI n ￿x￿(kn￿ ￿nth The PUNIC Setvie PensbJns IValuatk)r¢ Em￿0yerS Capl Direa￿ 2014. The valuat￿￿ rewrtvrds PLIAthed by Oep3rtment on 5 PAarch 2019. Th8 key resLlls of Ihedluation are." byer conlribubon rales y￿re set at 23.68% of penSK)nablp pay. in Ine ￿1th CLrrent regJlalK)n nDt ncluding the dihonal 0.08% ernpwtspay forttc4)$1 st￿ ￿MIrStrati£l)". -total scheme Ira￿111￿$ servre to Ihe eff8di¥e¢Jate d £218.1 bal￿. n¢Ax)n¥ assets £1%.1 billi￿. giving a noliDna past 5erricedeficit at£22 ￿IK￿". 4n ÈmKAoyw cost tsp of 10.3% pty. Thp nBw e[[￿[ (yrthbubon ratp for11￿ TPAwas in S9ptern￿ 2019. A lul copy of the valuat￿n repffl th? suFwtirwJ th￿M￿￿tIOn ￿ be foJnd T8ach8rs' Penscffi Scheme webyte al the fr￿￿%¥1￿g kn#M'. 22 Analysls of ¢hangAS In nAt fund5 The debt during the ye.

THE FROEBELIAN SCHOOL (HORSFORTH) LIMITED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 AUGUST 2023 23 ¢a¥h gonerat•d from Qwath￿S 2023 IDefKitysurpus forthe 1190.9511 199.442 AdNslments for." Inveskneni irwme rectyrmsed in ststewwt offin￿￿¥ Depreciabon iwirment of tarvJle fixed assets 17.0081 82.520 12,3441 70.053 Increasevaecrease in debtors (Deueasel In (Yeditors I￿reS￿(￿e¢re¥Se) in 154.4561 (10.1551 21.283 336 1143,T261 134,7131 1153.7611 89.050

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