Company Registration No.  0844804 Charity Registration No.  529112 

## Moorfield School Limited 

(a company limited by guarantee and not having a share capital) 

Trustees' Annual Report and Audited Financial Statements 

For the year ended 31 August 2024 



Moorfield School Limited 

## Contents: 

|Trustees' Annual Report|Pages|1|- 7|
|---|---|---|---|
|(incorporating the Directors' Report)||||
|(including Statement of Trustees' Responsibilities)||||
|Independent Auditor's Report|Pages|8|- 10|
|Statement of Financial Activities|Page||11|
|(including Income and Expenditure account)||||
|Balance Sheet|Page||12|
|Statement of Cash Flows|Page||13|
|Notes to the Financial Statements|Pages|14|- 22|





Moorfield School Limited Trustees' Annual Report for the year ended 31 August 2024 (incorporating the Directors' Report) 

Company Registration No.  0844804 Charity Registration No.  529112 

The trustees, who are also the directors for the purposes of company law, present their annual report and the independently audited financial statements for the year ended 31 August 2024 which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes. 

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)'. 

## **Administrative details** 

|**Administrative details**|||
|---|---|---|
|Company Registration Number:|844804||
|Charity Registration Number:|529112||
|Trustees/Governors|R. Wallace (Chair)||
||C. Butcher|resigned 13 March 2024|
||R. Clark|resigned 3 October 2023|
||A. Coad||
||D. Crane|appointed 8 October 2024|
||P. Crossley|appointed 8 October 2024|
||M. Hartley||
||S. Hinchliffe||
||B. Lamb||
||W. Newman|resigned 17 June 2024|
||A. Rhodes|appointed 17 June 2024|
||B. Snow|resigned 17 June 2024|
||J. Walker|appointed 17 June 2024|
|Head|T. Herbert|retired 31 December 2024|
||M. Gibson|appointed 31 December 2024|
|Secretary|R.M. Thompson<br>retired 22 March 2024||
||M. Holland|appointed 22 March 2024|
|||- resigned 9 May 2025|
|Bursar|M. Holland|resigned 9 May 2025|
||R.M. Thompson<br>reappointed 9 May 2025||
|Charity Office/Registered Office:|Moorfield School||
||Wharfedale Lodge||
||11 Ben Rhydding Road||
||Ilkley||
||LS29 8RL||



Website: www.moorfieldschool.co.uk 

Advisers: Bankers: Barclays Bank Plc 10 Market Street, Bradford, BD1 1NR Auditors: Forrest Burlinson 20 Owl Lane, Dewsbury, WF12 7RQ Solicitors: Squire Patton Boggs Park Lane, Leeds, LS3 1ES Investments: JM Finn & Co 33 Park Place, Leeds, LS1 2RY 

Page 1 



Moorfield School Limited Trustees' Annual Report for the year ended 31 August 2024 (incorporating the Directors' Report) 

Company Registration No.  0844804 Charity Registration No.  529112 

## **Purpose and activities** 

Moorfield School is an independent school for the education of children up to the age of eleven. 

The charity has the following core aims and values: 

We offer excellence in education inspiring kindness, confidence and creativity. 

This is achieved by: 

- l Nuturing and celebrating every individual; 

- l Providing a calm and purposeful academic environment where each pupil can make excellent progress from their level of ability; 

- l Enabling, through a rich and creative curriculum, many areas for pupils to shine; 

- l Building character to facilitate curiosity, independence, perseverance, resilience and good humour. 

## **Statement on public benefit** 

The trustees are pleased to confirm that they have considered the Charity Commission's guidance on public benefit in deciding the activities and operations of the charity and trust that this report, together with the information on www.moorfieldschool.co.uk, demonstrates this. 

## **Achievements and performance** 

We have continued to develop the school in many areas to provide an inspirational education and a happy childhood experience for all our pupils. It is a priority to extend such opportunity to as many pupils as we can, widening access to families who ordinarily would be unable to afford a private education. We have continued, through means tested bursaries, to offer places to children whose parents feel they would benefit from an education at Moorfield. 

## **Bursaries and hardship awards** 

Within the overall means tested bursaries we offer, there are a number of transformational bursaries awarded to parents who would not be able to afford our fees and would not normally consider private education. During the year there were 23  children across the school who received financial assistance. 

## **Academic progress** 

Every child is able to make academic progress as each one is considered an individual and stretched from their level of ability. Without a one-sized-fits-all approach, children are able to be themselves and work hard to make personal gains both academically and socially. Specialised support for intervention groups and individuals enables everyone to achieve their potential. Moorfield School was awarded the highest rating from the Independent Schools Inspectorate, achieving ‘Excellent’ across the board for educational quality, achievement and pastoral care.  The report highlighted how inclusive the school is and its commitment to supporting local charities and projects. Academic progress is assessed through annual GL assessments, which shows that pupils perform well above the national average with the differential growing as they proceed through the school. For the end of the academic year 2023/2024, on average, Moorfield children were achieving 25% above national average for English and Maths across all year groups. 

Moorfield develops children who are confident, resourceful, with a love of learning, providing a springboard to successful senior school attainment. As in previous years all leavers went to their first choice of senior school whether within the independent sector or to a state school. All children taking the 11+ exam for the local selective grammar school passed and all children taking common entrance exams to independent senior schools also passed. 

For children who need additional academic support, we have invested in well qualified teaching assistants who work alongside the class teacher to focus on 1:1 and small group interventions for children. The teaching assistants work across the school and in some cases, provide extra support outside school hours. 

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Moorfield School Limited Trustees' Annual Report for the year ended 31 August 2024 (incorporating the Directors' Report) 

Company Registration No.  0844804 Charity Registration No.  529112 

The broad curriculum gives rich opportunities in music, drama, art and sport. Performing at festivals resulted in the adjudicator remarking that 'something special is going on at Moorfield' with regard to the musical opportunity given and standards achieved, with many pupils receiving distinctions in music exams. Drama lessons, taught by a professional actor, enable the children to exude confidence and vitality in performance. 

Peripatetic drama teaching reinforces the children's confidence in performing and public speaking with many achieving distinctions in LAMDA examinations and in musical theatre examinations. Sport is enjoyed both in lessons, clubs and playtimes. Fixtures for boys and girls give competition in rugby, cricket, cross country, hockey, netball and rounders. We participate in the local cross-country league in order to be active in the local community. A local primary school uses our facilities for sport, and we join together for netball fixtures. 

## **Care and empathy for others** 

Very strong pastoral care develops our own pupils and secures their wellbeing.  A school ethos which encourages care and empathy for others enables positive outcomes in the community and beyond. Social responsibility is an important value to develop and we urge our children to consider the needs of others and put thoughts into actions. Buying Christmas presents through Traidcraft not only raised a large sum for the charity but also taught our children the benefit of supporting workers in the third world. Once again, our link with the Revival School in Matugga, Uganda has given our children a renewed sense of values. Our pupils participated in a number of fundraising activities during the year, including Children in Need, the mental health charity MIND, Bradford Central Food Bank. The school continued with fundraising for MND through the Waterland Walk (previously called the Moorfield Grand Ramble); a sum in excess of £3,000 was raised. The school also continued fundraising for the Principle Trust Children's Charity. This charity raises money to help underprivileged families and families with children with additional needs and disabilities who would not otherwise get the opportunity to have a holiday. All the money raised helps in the upkeep of the 6 holiday properties which have been bought for families to use. 

We have also supported a local project, the ‘Keighley Healthy Living’ where Moorfield families bought and donated gifts for children in this area, distributed by the charity, over 100 gifts have been distributed. We have participated in the Mental Health Awareness Day in order to raise awareness of mental well-being in school, along with developing a mental health school policy and creating a small team of staff who specifically monitor mental wellbeing in school. New for this year is the addition of an icon on our website, which leads you to a "Virtual Worry Box", monitored by Moorfield Staff. Any pupil concerns can be raised here. 

## **Community and outreach** 

In order to offer a service to the community we continue to  offer our main hall once a week to an adult fitness group and at the weekend, to a sports group who run a rugby session for local children aged 2 – 4 years old.  Two of our music staff run two choirs on a Friday evening which are open to all children in the area and these are very well attended and it allows us to share our strength in music. 

Our outreach to the local community also includes a new project called ‘Music and More’ run on a weekly basis for children aged 18 months to 4 years old.  This allows parents to bring their children for a mixture of music and songs, stories and then a play session in the nursery.  This has been very well received by local parents and is well attended. It is run by our own Early Years staff and the music is provided by a Moorfield music teacher.  We use this session not only to get to know local parents, but also to offer support to parents who would like advice on early education and child development issues. 

During the summer holidays, staff run different activity weeks for both Moorfield children and children in the local community. The range of activities is broad and includes bushcraft, sport, art, baking and drama.   All activity weeks are well supported. 

Page 3 



Moorfield School Limited Trustees' Annual Report for the year ended 31 August 2024 (incorporating the Directors' Report) 

Company Registration No.  0844804 Charity Registration No.  529112 

This year, we have continued to offer all children in the area the opportunity to try a ‘mock’ entrance exam for those children applying to independent senior schools, we are the only school to offer this.  We had children from a range of different schools.  The materials, invigilating, marking, assessment and feedback was all done by Moorfield staff, supported by senior admissions staff at Bradford Grammar School.  This gave the opportunity for children, particularly in state schools where tutoring for entrance exams is not part of the curriculum, to practise an exam in exam conditions and to gain insight into those areas of the exam which may need more work, as well as highlighting successes. The take up for this was excellent and far more than we had capacity for; it is intended to repeat this next year but with two Saturday mornings offered so that all children can have a place. 

## **Summary of achievements** 

A summary of our achievements during the reporting year: 

- Evidence of strong academic achievement throughout the school showing very strong performance 100% pass rate in 11+ entrance examinations; 

- Senior school admission success with every child going to their first choice of senior school; 

- Increase in STEM curriculum and projects; 

- Continuation of the Robotics club 

- Continuation of the Spanish club 

- Quality of trips and visits to include residentials from Year 3 to Year 6; 

- Development and revamp of the Early Years outdoor provision with new equipment, sand-pit and canopy/shelter 

## **Financial review** 

The school fee income for the year was £1,035,852 (2023: £934,570), this is after deducting bursaries and hardship awards of £107,610 (2023: £97,598), which represent 9% of total gross fee income. Due to careful management of finances there was a surplus on the year on unrestricted funds from operations of £18,266 (2023: £14,508). 

Including market movements on the investments and movements on restricted funds the surplus for the the year was £34,937 (2023: a deficit of £12,241). 

General funds at the end of the period were £1,316,446 (2023: £1,278,367). This includes £1,007,511 that could only be realised by disposing of tangible fixed assets. Free reserves are £308,935 (2023: £311,529). 

A cash reserve has been accumulated over a number of years and is retained to fund operational activities and future improvements to the school's facilities. Investments stood at £318,295 (2023: £296,755). The portfolio is managed by our investment advisers and is made up of equities, equity funds, cash and fixed interest holdings. There has been no need to draw on these savings in the year. 

## **Reserves policy** 

The school policy is to invest retained surpluses in premises and facilities to support the development of the school, whilst ensuring that sufficient reserves are held to meet any contingencies as they arise. 

The trustees continue to monitor reserves closely to ensure that sufficient reserves are available to meet potential threats to future income. 

## **Plans for future periods** 

The school has invested heavily improving the grounds, building infrastructure and the nursery in recent years. The school’s Development Plan includes proposals for the continuing improvement of the school's infrastructure to ensure we have the best facilities possible. 

The school will continue to invest in modern communications to ensure that we have the best facilities whilst reducing costs and to develop its curriculum to ensure aims and objectives of the school are met. 

The school plans to increase its marketing activity in both scope and geographical area, in order to increase school numbers, which is the greatest risk to the school's future. 

Page 4 



Moorfield School Limited Trustees' Annual Report for the year ended 31 August 2024 (incorporating the Directors' Report) 

Company Registration No.  0844804 Charity Registration No.  529112 

## **Structure, Governance and Management** 

The Charity is a company limited by guarantee and not having a share capital is governed by its Memorandum and Articles of Association dated 6 April 1965 and last amended on 17 September 2019. 

The directors of the Charity are its trustees for the purposes of charity law and throughout this report are referred to as the trustees. The trustees as Charity Trustees have control of the Charity and its property and funds. 

Each member undertakes to contribute to the assets of the Charity in the event of the Charity being wound up, to a limit not exceeding £5 (five pounds). 

The members of the Charity are its trustees. 

The trustees named above have served throughout the year except where indicated. 

The governing body has adopted its own "Governance, Aims and Policies" document which serves the purpose of recording the aims and policies upon which the governance of the school is conducted. The trustees seek to ensure that all the regulatory requirements are being met in practice, not just in in policy, these cover all areas of child protection and safeguarding; charity law and public benefit. 

The governing body assesses to ensure the board has the necessary skills and experience to carry out its duties effectively and efficiently. 

New trustees undergo an induction process into the workings of the board, the school, and the Charity as a limited company. This includes discussion with the Chair, the Head and provision of appropriate documentation. Trustees are encouraged to undertake any training appropriate to their role and all have received training in Child Protection. 

Responsibility for the management and organisation of the school rests with the trustees, who meet at least once each term. The Finance Committee meets twice a year. In addition, Governors with specific responsibilities come into school as appropriate to keep themselves fully informed and to discharge their duties. The running of the school on a day-to-day basis is delegated to the Head and the Senior Management Team, in which the Bursar plays a key role. 

The Head is a member of IAPS - The Independent Association of Preparatory Schools. This is a professional association for Heads of the leading 600 independent prep schools in the UK and Worldwide. All members are independent with their own ethos for the school they lead, but they are committed to delivering an excellent well-rounded education to pupils, whether by stretching out to the brightest pupils or dedicating special support and resources to those with a particular need. 

## **Pay policy for senior staff** 

The remuneration of key management personnel is agreed by the trustees annually. 

## **Risk management** 

The trustees have assessed the major risks to which the Charity is exposed and are satisfied that the systems in place are adequate. The trustees review and update the school's risk register over the year. Major risks considered include: financial stability; school safety; pupil welfare and safeguarding; employment risks; and school trips. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed. 

Page 5 



Moorfield School Limited Trustees' Annual Report for the year ended 31 August 2024 (incorporating the Directors' Report) 

Company Registration No.  0844804 Charity Registration No.  529112 

The key controls used by the charity include: 

- l formal agendas and minutes for all committee activity 

- l comprehensive planning, budgeting and management accounting 

- l established organisational structure and lines of reporting 

- l formal written policies 

- l clear authorisation and approval levels. 

## **Statement of trustees' responsibilities** 

The trustees (who are also directors of Moorfield School Limited for the purposes of company law) are responsible for preparing the Trustees' Annual Report (incorporating the directors' report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). 

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs and of the income and expenditure of the charitable company company for that period. 

In preparing the financial statements, the trustees are required to: 

- l select suitable accounting policies and apply them consistently; 

- l observe the methods and principles in the applicable Charities SORP; 

- l make judgements and estimates that are reasonable and prudent; 

- l state whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- l prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charitable company will continue in business. 

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Articles of Association. 

They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. 

Page 6 



Moorfield School Limited Trustees' Annual Report for the year ended 31 August 2024 (incorporating the Directors' Report) 

Company Registration No.  0844804 Charity Registration No.  529112 

## **Statement of disclosure to the auditors** 

In so far as the trustees are aware at the time of approving our Trustees' Annual Report: 

- l there is no relevant information, being information needed by the auditors in connection with preparing their report, of which the charity's auditors are unaware; and 

- l each trustee, having made enquiries of fellow trustees and the charity's auditor that they ought to have individually taken, have each taken all steps that he or she is obliged to take as a trustee/director in order to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. 

This report was approved by the trustees on 24 June 2025 and signed on their behalf by: 

…………………………………………… 

## **R. Wallace Chair Moorfield School Limited** 

Page 7 



Moorfield School Limited 

Company Registration No.  0844804 

Independent Auditor's Report to the members of Moorfield School Limited for the year ended 31 August 2024 

Charity Registration No.  529112 

## **Opinion** 

We have audited the financial statements of Moorfield School Limited for the year ended 31 August 2024 which comprise the Statement of Financial Activities and Income and Expenditure Account, the Balance Sheet, the Cash Flow Statement  and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). 

In our opinion the financial statements: 

- l give a true and fair view of the state of the charitable company's affairs as at 31 August 2024 and of its incoming resources and applications of resources, including its income and expenditure, for the year then ended; 

- l have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- l have been prepared in accordance with the requirements of the Companies Act 2006. 

## **Basis for opinion** 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the 'Auditor's responsibilities for the audit of the financial statements' section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard and the provisions available for small entities, in the circumstances set out in note 19 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## **Conclusions relating to going concern** 

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. 

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the related sections of this report. 

## **Other information** 

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. 

Our opinion on the financial statements  does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other 

information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. 

If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. 

Page 8 



Moorfield School Limited Independent Auditor's Report to the members of Moorfield School Limited for the year ended 31 August 2024 

Company Registration No.  0844804 

Charity Registration No.  529112 

## **Opinion on other matters prescribed by the Companies Act 2006** 

In our opinion, based on the work undertaken in the course of the audit: 

- l the information given in the trustees' report, which includes the directors' report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and 

- l the directors' report included within the trustees' report has been prepared in accordance with applicable legal requirements. 

## **Matters on which we are required to report by exception** 

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report. 

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: 

- l adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or 

- l the financial statements are not in agreement with the accounting records and returns; or 

- l certain disclosures of trustees' remuneration specified by law are not made; or 

- l we have not received all the information and explanations we require for our audit; or 

- l the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the directors' report included within the trustees' report and from the requirement to prepare a strategic report. 

## **Responsibilites of trustees** 

As explained more fully in the Trustees' Responsibilities Statement (set out on page 6), the trustees (who are also the directors of the charitable company for the purposes 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 internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. 

## **Auditor's responsibilities for the audit of the financial statements** 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

## **The extent to which the audit was considered capable of detecting irregularities including fraud** 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. 

To help us identify instances of non-compliance with laws and regulations that might have a material effect on the financial statements, and in identifying and assessing the risks of material misstatement in respect to non-compliance, or procedures included, but were not limited to: 

Page 9 



Moorfield School Limited Independent Auditor's Report to the members of Moorfield School Limited for the year ended 31 August 2024 

Company Registration No.  0844804 

Charity Registration No.  529112 

- l Making enquiries of management as to whether the charitable company is in compliance with laws and regulations, and discussing their policies and procedures in this respect; 

- l Inspecting correspondence, if any, with relevant licensing or regulatory authorities; 

- l Communicating identified laws and regulations to the engagement team and remaining alert to any indications of non-compliance throughout our audit; and 

- l Considering the risk of acts which were contrary to applicable laws and regulations. 

We also considered those laws and regulations that have a direct effect on the preparation of the financial statements, such as tax legislation, pension legislation, the Charities Act 2011 and the Companies Act 2006. Based on our understanding of the charitable company and its sector, we identified the principal risks of non-compliance with laws and regulations related to Charity Law and Safeguarding. We considered the extent to which non-compliance might have a material effect on the financials statements. 

In addition, we evaluated the trustees' and management's incentives and opportunities for fraudulent manipulation of the financial statements including the risk of override of controls and determined that the principal risks were related to the size of the organisation (being small means less opportunity for segregating duties and oversight) and significant one-off or unusual transactions. 

Our audit procedures in relation to fraud included but were not limited to: 

- l Making enquiries of management on whether they had knowledge or any actual, suspected or alleged fraud; 

- l Gaining an understanding of internal controls established to mitigate risks related to fraud; 

- l Discussion amongst the engagement team around the risks of fraud; 

- l Evaluating and responding to the high risk of management override of controls by performing suitable tests over areas such as accounting entries; 

- l Substantively testing areas suspectible to fraud and manipulation, such as revenue recognition. 

There are inherent limitations in our audit procedures. Auditing standards limit the audit procedures to identify non-compliance with laws and regulations, the further that particular laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. As with any audit, there remains a risk of non-detection of irregularities, as these can involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls. 

The primary responsibility for the prevention and detection of irregularities, including fraud, rests with the trustees. 

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. 

## **Use of our report** 

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them 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 charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. 

……………………………………………………..………………………….…………….. **Ebrahim Suleman  (Senior Statutory Auditor) for and on behalf of Forrest Burlinson, Statutory Auditor** 

25 June 2025 20 Owl Lane Dewsbury WF12 7RQ 

Page 10 



Company Registration No.  0844804 Charity Registration No.  529112 

## Moorfield School Limited 

## Statement of Financial Activities 

and Summary Income and Expenditure Account for the year ended 31 August 2024 


**----- Start of picture text -----**<br>
Total Total<br>Unrestricted Restricted funds funds<br>Note funds funds 2024 2023<br>£ £ £ £<br>Income from:<br>Donations and legacies<br>Gifts and donations 253 727 980 6,205<br>Charitable activities:<br>Operation of Moorfield School 2 1,179,881 --   1,179,881 1,075,624<br>Investment income 3 7,059 --   7,059 3,277<br>Total income 1,187,193 727 1,187,920 1,085,106<br>Expenditure on:<br>Raising funds:<br>Investment management costs 3,610 --   3,610 3,708<br>Charitable activities:<br>Operation of Moorfield School 4 1,165,317 3,869 1,169,186 1,064,933<br>Total expenditure 1,168,927 3,869 1,172,796 1,068,641<br>Net income/(expenditure) before gain/(losses)<br>on investments: 18,266 (3,142) 15,124 16,465<br>Net gains/(losses) on investments 5 19,813 --   19,813 (28,706)<br>Net income/(expenditure) 38,079 (3,142) 34,937 (12,241)<br>Transfers  (367) 367 --   --<br>Net movement in funds 6, 15 37,712 (2,775) 34,937 (12,241)<br>Reconciliation of funds:<br>Total funds brought forward 1,279,665 3,092 1,282,757 1,294,998<br>Total funds carried forward 1,317,377 317 1,317,694 1,282,757<br>**----- End of picture text -----**<br>


There were no recognised gains or losses in either year other than those included in the Statement of Financial Activities. All income and expenditure derives from continuing activities. 

Page 11 



Moorfield School Limited Balance Sheet as at 31 August 2024 

Company Registration No.  0844804 Charity Registration No.  529112 


**----- Start of picture text -----**<br>
Unrestricted<br>Total Total<br>2024 2023<br>Note £ £<br>Fixed assets:<br>Tangible fixed assets 11 1,007,511 968,136<br>Investments 12 318,295 296,755<br>Total fixed assets 1,325,806 1,264,891<br>Current assets<br>Debtors 13 82,629 64,096<br>Cash at bank and in hand 84,724 45,718<br>Total current assets 167,353 109,814<br>Creditors: amounts falling due within one year 14 175,465 91,948<br>Net current assets/(liabilities) (8,112) 17,866<br>Total assets less current liabilities 1,317,694 1,282,757<br>Net assets 1,317,694 1,282,757<br>Funds of the charity:<br>Restricted funds 15 317 3,092<br>Unrestricted income funds 15 1,317,377 1,279,665<br>Total charity funds 1,317,694 1,282,757<br>**----- End of picture text -----**<br>


The notes on pages 14 to 22 form part of these accounts. 

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company. 

The financial statements were approved by the Board on 24 June 2025 and signed on their behalf by: 

## …………………………………………… 

## **R. Wallace Trustee/Director Company Registration No. 0844804** 

Page 12 



Moorfield School Limited Statement of Cash Flows for the year ended 31 August 2024 

Company Registration No.  0844804 Charity Registration No.  529112 


**----- Start of picture text -----**<br>
Total Total<br>2024 2023<br>£ £<br>Cash flows from operating activities<br>Net income 34,937 (12,241)<br>Add back depreciation charge 29,256 30,646<br>(Gains)/losses on disposal of tangible fixed assets 997 446<br>(Gains)/losses on investments (19,813) 28,706<br>Investment income (7,059) (3,277)<br>Decrease (increase) in debtors (18,533) 5,956<br>Increase (decrease) in creditors 83,517 (37,855)<br>Net cash generated from/(used in) operating activities 103,302 12,381<br>Cash flows from investing activities:<br>Investment income 7,059 3,277<br>Purchase of tangible assets (69,627) (7,541)<br>Proceeds from sale of investments 109,783 113,631<br>Purchase of investments (111,511) (112,711)<br>Net cash provided by (used in) investing activites (64,296) (3,344)<br>Change in cash and cash equivalents in the reporting period 39,006 9,037<br>Cash and cash equivalents at the beginning of the period 45,718 36,681<br>Cash and cash equivalents at the end of the period 84,724 45,718<br>Reconciliation of cash and cash equivalents<br>Bank and cash in hand 84,724 45,718<br>Total cash and cash equivalents 84,724 45,718<br>**----- End of picture text -----**<br>


Page 13 



Moorfield School Limited Notes to the financial statements for the year ended 31 August 2024 

Company Registration No.  0844804 Charity Registration No.  529112 

## **1 Accounting Policies** 

The charitable company is a public benefit entity as defined by FRS 102. 

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: 

## **1.1 Basis of preparation of accounts** 

The financial statements have been prepared in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)' - the Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. 

Assets and liabilities are recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. 

As the charitable company does not trade for profit, the trustees have taken advantage of Section 474 of the Companies Act 2006 and have prepared an income and expenditure account instead of a profit and loss account. 

## **1.2 Legal status** 

The charity is a company limited by guarantee registered in England. The members of the charity are the Governors. 

In the event of the charity being wound up, the liability in respect of the guarantee is limited to £5 per member. 

The trustees of the charity are as listed in the Trustees Annual Report. 

The registered office is: Wharfedale Lodge, Ben Rhydding Road, Ilkley, Leeds, LS29 8RL. 

## **1.3 Judgements and key sources of estimation uncertainty** 

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. 

There are no judgements (apart from those involving estimations) that management has made when applying the charity's accounting policies that have a significant effect on the amounts recognised in the financial statements. 

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: 

Determining residual values and useful economic lives of tangible fixed assets. The charity depreciates tangible assets over their estimated useful lives. The estimate of the useful lives of tangible assets is based on historic performance as well as expectations of future use. Assumptions of the future use of assets are made by relating the assets to the future plans of the charity. 

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Moorfield School Limited Notes to the financial statements for the year ended 31 August 2024 

Company Registration No.  0844804 Charity Registration No.  529112 

## **1.4 Going concern** 

The accounts show a positive net income for the last two years. However as many factors are currently affecting the independent school sector such as the weak economy, wage inflation and government policies towards independent schools, the trustees recognise that the future is going to be financially challenging. This will mean that the charity is very likely going to have to call on its reserves held in the form of its fixed asset investments in order to meet working capital requirements over the next two years. 

The trustees have produced forecasts for the 2025 and 2026 academic years on the basis of a prudent estimate of pupil numbers and assumptions regarding expenditure. Based on these the trustees have determined that the charity has sufficient resources in reserve to operate the school for a period of at least 12 months from the date of approval of these accounts. 

## **1.5 Fund accounting** 

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds comprise unrestricted funds that the trustees have decided at their discretion to set aside for a particular purpose. The aim and use of each designated fund (if any) is set out in these notes. Restricted funds are subject to restrictions on their expenditure through the terms of a donation or contractual agreement. The purpose and use of each restricted fund (if any) is set out in these notes. 

## **1.6 Income** 

Income is recognised when the following criteria are met: 

- the charity has entitlement to the funds; 

- any performance conditions attached to the item(s) of income have been met or are fully within the control of the charity; 

- it is probable that the income will be received; and 

- the amount can be measured reliably. 

Income from donations includes amounts collected for charitable causes that are in the care of the charity and where applicable these are recognised as restricted funds. 

Fees and other charges are included based on those billed for the school year. 

Income from grants, whether capital grants or revenue grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. 

Donated services and facilities are included at the value to the charity where this can be quantified. In accordance with the Charities SORP (FRS 102) the economic contribution of volunteers' time is not measured in the accounts. 

Income received in advance of the provision of a service or entitlement is deferred until the criteria for income recognition are met and disclosed if material in the notes to the accounts. 

Income from investments is included when receivable and the amount can be measured reliably, this is normally upon notification of the income by the investment manager. 

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Moorfield School Limited Notes to the financial statements for the year ended 31 August 2024 

Company Registration No.  0844804 Charity Registration No.  529112 

## **1.7 Expenditure** 

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure of charitable activities includes the costs of operating Moorfield School, such as premises expenses, staff costs and associated support costs. 

Expenditure is summarised under functional headings either on a direct cost basis or for overhead costs, apportioned according to management's estimation of staff time involved. 

All costs and expenses include VAT where charged which is not recoverable by the charity. 

## **1.8 Operating leases** 

The charity classifies the leasing of printing and photocopying equipment as operating leases. The title to the equipment remains with the lessor and the equipment is replaced considerably before the end of the normal economic life of the equipment. Rental charges are recognised as expenditure on a straight line basis over the term of the lease. Any lease incentives are recognised as a reduction to the expense over the period of the lease. 

## **1.9 Taxation** 

No corporation tax has been provided in these accounts because the trustees believe that the income and gains of the charity are within the exemptions granted by Chapters 2 and 3 of the Corporation Tax Act 2010. 

## **1.10 Depreciation** 

Tangible assets are stated at cost less any accumulated depreciation and impairment losses. Depreciation was provided on all tangible fixed assets, at the rates below. No depreciation is provided with respect to land. The directors are of the opinion that the residual value of the buildings will be at least as much as the original cost, so the economic cost is negligible and no depreciation has been provided. Depreciation rates were as follows: 

Motor vehicles 25% reducing balance method Fixtures and fittings 20% reducing balance method IT equipment straight line over 3 years 

## **1.11 Investments** 

Investments are stated at fair value (market value) at the reporting date. All material investments held are within a professionally managed portfolio and have readily available market values. 

## **1.12 Debtors** 

Debtors are recognised at the settlement amount due after any discount offered. 

## **1.13 Cash at bank and in hand** 

Cash at bank and in hand includes cash and deposit accounts. 

## **1.14 Creditors and provisions** 

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due. 

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Moorfield School Limited Notes to the financial statements for the year ended 31 August 2024 

Company Registration No.  0844804 Charity Registration No.  529112 

## **1.15 Financial instruments** 

The charity has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently at their settlement value. 

## **1.16 Pensions** 

Retirement benefits to employees are provided by Teachers' Pensions (TP), which is a defined benefit scheme. The TP scheme is unfunded and contributions are calculated so as to spread the cost of pensions over employees' working lives in such a way that the pension cost is a substantially level percentage of current and future pensionable payroll. The contributions are determined by the Government Actuary on the basis of quadrennial valuations using a prospective unit credit method. TP is an unfunded multiemployer scheme with no underlying assets to assign between employers. Consequently, the TP scheme is treated as a defined contribution scheme for accounting purposes and the contributions recognised in the period to which they relate. 

The charity also pays contributions to an auto enrolment scheme operated by Royal London, this is a defined contribution scheme whereby the contributions are recognised in the period to which they relate. The contributions paid to each staff pension scheme are outlined in note 10. 

|**2**<br>**Income from charitable activities**<br>**Unrestricted**<br>**Restricted**<br>**Unrestricted**<br>**funds**<br>**2024**<br>**Operation of the Moorfield School:**<br>**£**<br>Gross school fees<br>1,143,462<br>less: bursaries and scholarships<br>(107,610)<br>Net school fees<br>1,035,852<br>Add:<br>Other fees and charges<br>138,365<br>Hire of rooms and concerts<br>265<br>Sundry income<br>5,399<br>**Total income from charitable activities**<br>**--**<br>**1,179,881**<br>**3**<br>**Investment income**<br>**Unrestricted**<br>**Restricted**<br>**Total**<br>**2024**<br>**£**<br>**£**<br>Income from investments<br>5,325<br>Bank interest receivable<br>1,734<br>--<br>**7,059**<br>**4**<br>**Expenditure on operating Moorfield School**<br>**Unrestricted**<br>**Restricted**<br>**Total**<br>**Total**<br>**Total**<br>**2024**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>**£**<br>Teaching costs<br>754,007<br>--<br>754,007<br>Welfare costs<br>97,690<br>--<br>97,690<br>Premises costs<br>109,613<br>--<br>109,613<br>Support costs<br>204,007<br>--<br>204,007<br>Charity collections<br>--<br>3,869<br>3,869<br>**1,165,317**<br>**3,869**<br>**1,169,186**|Total<br>2023<br>£<br>1,032,168<br>(97,598)<br>934,570<br>133,605<br>580<br>6,869<br>1,075,624<br>Total<br>2023<br>£<br>2,830<br>447<br>3,277<br>Total<br>2023<br>£<br>721,955<br>82,234<br>95,578<br>163,861<br>1,305<br>1,064,933|
|---|---|



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Moorfield School Limited Notes to the financial statements for the year ended 31 August 2024 

Company Registration No.  0844804 Charity Registration No.  529112 

|**5**<br>**Net gains/(losses) on investments**<br>Net realised gains/(losses) on investments<br>Net unrealised gains/(losses) on investments<br>**6**<br>**Net movements in funds for the year**<br>Net movements in funds for the year is stated after charging:<br>Operating leases - equipment<br>Depreciation<br>Loss on disposal of tangible fixed assets<br>Auditors' remuneration:  Audit fees<br>Accountancy services|**Total**<br>**2024**<br>**£**<br>(18,336)<br>38,149<br>**19,813**<br>**Total**<br>**2024**<br>**£**<br>4,033<br>29,256<br>997<br>5,000<br>2,205|Total<br>2023<br>£<br>35,012<br>(63,718)<br>(28,706)<br>Total<br>2023<br>£<br>4,258<br>30,646<br>446<br>4,500<br>2,305|
|---|---|---|



## **7 Support costs** 

All support costs are incurred in the charity's one charitable purpose, operating Moorfield School. 

|Support staff salaries<br>Other support costs<br>Legal and professional fees<br>Accounting fees<br>Audit fees<br>Depreciation<br>Loss on TFA disposals|**Total**<br>**2024**<br>**£**<br>78,648<br>84,729<br>3,172<br>2,205<br>5,000<br>29,256<br>997<br>**204,007**|Total<br>2023<br>£<br>73,244<br>50,909<br>1,811<br>2,305<br>4,500<br>30,646<br>446<br>163,861|
|---|---|---|



## **8 Employees** 

The average monthly head count and the full time equivalent of employees was: 

|Teaching staff  (No. staff members)<br>Premises (No. staff members)<br>Administration staff  (No. staff members)|**2024**<br>**2024**<br>2023<br>2023<br>**Number**<br>**FTE**<br>Number<br>FTE<br>23<br>17<br>24<br>18<br>18<br>6<br>16<br>4<br>3<br>2<br>4<br>2<br>44<br>25<br>44<br>24|
|---|---|



Page 18 



Moorfield School Limited Notes to the financial statements for the year ended 31 August 2024 

Company Registration No.  0844804 Charity Registration No.  529112 

The cost in respect of administration and teaching staff was: 

|**note**<br>Wages and salaries<br>Social security costs<br>Employer's contribution to pensions|**Total**<br>**2024**<br>**£**<br>713,390<br>51,001<br>109,781<br>874,172|Total<br>2023<br>£<br>676,608<br>48,754<br>95,830<br>821,192|
|---|---|---|



No employee had emoluments exceeding £60,000 in the year or the comparative year. 

Total paid to key management in the year was £77,715  (2023: £70,313). 

## **9 Trustee remuneration** 

No remuneration or expenses were paid to any trustee in the year for duties as a trustee. 

## **10 Staff pensions** 

Employer contributions to Teachers' Pensions was £82,665 (2023: £78,854). 

Teachers' Pensions (TP) is a statutory, contributory, defined benefit scheme, governed by the Teachers' Pension Scheme Regulations 2014. Membership is automatic for teachers, including (from 1 January 2007), teachers in part-time employment following appointment or a change of contract, although they are able to opt out. TP is an unfunded scheme and members contribute on a 'pay as you go' basis, these contributions along with those made by employers are credited to the Exchequer. Retirement and other pension benefits are paid by public funds provided by Parliament. 

The school also operates a contributory pension scheme operated by Royal London, employer contributions to this scheme were £27,116 (2023: £16,977). 

## **11 Tangible fixed assets** 

|**Cost**<br>as at 1 September 2023<br>additions<br>disposals<br>as at 31 August 2024<br>**Depreciation**<br>as at 1 September 2023<br>charge for the year<br>eliminated on disposals<br>as at 31 August 2024<br>**Carrying amount**<br>**at 31 August 2024**<br>at 31 August 2023|Land and<br>Fixtures<br>IT<br>Motor<br>buildings<br>and fittings<br>equipment<br>vehicles<br>**Total**<br>£<br>£<br>£<br>£<br>**£**<br>890,946<br>296,586<br>77,614<br>32,867<br>**1,298,013**<br>64,944<br>4,683<br>**69,627**<br>(2,506)<br>**(2,506)**<br>890,946<br>359,024<br>82,297<br>32,867<br>**1,365,134**<br>242,819<br>57,834<br>29,224<br>**329,877**<br>13,823<br>14,521<br>911<br>**29,255**<br>(1,509)<br>**(1,509)**<br>255,133<br>72,355<br>30,135<br>**357,623**<br>**890,946**<br>**103,891**<br>**9,942**<br>**2,732**<br>**1,007,511**<br>890,946<br>53,767<br>19,780<br>3,643<br>968,136|
|---|---|



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Moorfield School Limited Notes to the financial statements for the year ended 31 August 2024 

Company Registration No.  0844804 Charity Registration No.  529112 

|**12**<br>**Investments**<br>Market value at 1 September 2023<br>Additions to investments at cost<br>Disposals<br>Net gain/(loss) on revaluation<br>Market value at 31 August 2024<br>Historical cost<br>Classes of investments:<br>Managed portfolio:<br>UK Government bonds<br>Other fixed interest<br>Equities<br>Cash<br>All the above are managed and held in the UK.<br>**13**<br>**Debtors due within one year**<br>Trade debtors<br>Prepayments and accrued income<br>**14**<br>**Creditors amounts falling due within one year**<br>Trade creditors<br>Social security and other taxes<br>Deferred income<br>Accruals<br>Other creditors<br>**Deferred income**<br>As at 1 September 2023<br>Amount released to income<br>Amount deferred in the year<br>As at 31 August 2024|Listed<br>investments<br>Cash<br>**Total**<br>£<br>£<br>**£**<br>285,945<br>10,810<br>**296,755**<br>111,511<br>**111,511**<br>(122,926)<br>(6,030)<br>**(128,956)**<br>38,985<br>**38,985**<br>313,515<br>4,780<br>**318,295**<br>270,271<br>4,780<br>**275,051**<br>**Total**<br>Total<br>**2024**<br>2023<br>**£**<br>£<br>137,461<br>58,727<br>26,965<br>26,150<br>149,089<br>201,068<br>4,780<br>10,810<br>318,295<br>296,755<br>**Total**<br>Total<br>**2024**<br>2023<br>**£**<br>£<br>62,099<br>41,377<br>20,530<br>22,719<br>82,629<br>64,096<br>**Total**<br>Total<br>**2024**<br>2023<br>**£**<br>£<br>5,591<br>9,445<br>12,526<br>--<br>104,406<br>46,495<br>21,152<br>18,161<br>31,790<br>17,847<br>175,465<br>91,948<br>**Total**<br>Total<br>**2024**<br>2023<br>**£**<br>£<br>46,495<br>76,673<br>(30,175)<br>(78,473)<br>88,086<br>48,295<br>104,406<br>46,495|
|---|---|



Income is deferred where it is received in advance for fees due in the following financial period and for deposits which are offset against future fees. 

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Moorfield School Limited Notes to the financial statements for the year ended 31 August 2024 

Company Registration No.  0844804 Charity Registration No.  529112 

## **15 Analysis of charitable funds ANALYSIS OF MOVEMENTS IN UNRESTRICTED FUNDS** 

||**Funds as at**|||**Gains/**||**Funds as at**|
|---|---|---|---|---|---|---|
||**1 September**|**Income**|**Expense**|**(losses)**|**Transfers**|**31 August**|
||**2023**|||||**2024**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|General fund|1,278,367|1,187,193|(1,168,927)|19,813|--|1,316,446|
|Designated funds:|||||||
|General charity|||||||
|collections|1,298|--|--|--|(367)|931|
|**Total unrestricted**|||||||
|**funds**|**1,279,665**|**1,187,193**|**(1,168,927)**|**19,813**|**(367)**|**1,317,377**|



The General fund is the principal fund of the charity. The income produced is used to support the work of Moorfield School. 

The General charity collections fund represents collections by the school to make donations to other charities. Donations for specific causes are included within restricted funds below. 

## **Analysis of movements in unrestricted funds - prior year** 

|**Analysis of movements in unrestricted funds - prior year**|**Analysis of movements in unrestricted funds - prior year**|
|---|---|
|**Funds as at**<br>**Gains/**<br>**Funds as at**<br>**1 September**<br>**Income**<br>**Expense**<br>**(losses)**<br>**Transfers**<br>**31 August**||
|General fund|**2022**<br>**2023**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>1,291,961<br>1,082,448<br>(1,067,336)<br>(28,706)<br>--<br>1,278,367|
|Designated funds:||
|General charity||
|collections|1,985<br>701<br>(1,305)<br>--<br>(83)<br>1,298|
|Total unrestricted||
|funds|1,293,946<br>1,083,149<br>(1,068,641)<br>(28,706)<br>(83)<br>1,279,665|
|**ANALYSIS OF MOVEMENTS IN RESTRICTED FUNDS**||
|**Funds as at**<br>**Gains/**<br>**Funds as at**<br>**1 September**<br>**Income**<br>**Expense**<br>**(losses)**<br>**Transfers**<br>**31 August**||
|Macmillan|**2023**<br>**2024**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>625<br>--<br>(625)<br>--<br>--<br>--|
|Leeds Hospital Bear|900<br>--<br>(900)<br>--<br>--<br>--|
|Motor Neurone|1,057<br>120<br>(1,057)<br>--<br>--<br>120|
|Ukraine|510<br>--<br>(510)<br>--<br>--<br>--|
|Principle Trust|--<br>243<br>(243)<br>--<br>--<br>--|
|Hello Yellow|--<br>2<br>(34)<br>--<br>32<br>--|
|Mattuga|--<br>165<br>(500)<br>--<br>335<br>--|
|Children In Need|--<br>197<br>--<br>--<br>--<br>197|
|Total restricted funds|3,092<br>727<br>(3,869)<br>--<br>367<br>317|



These are collections that have taken place for specific charitable causes. 

Page 21 



Moorfield School Limited Notes to the financial statements for the year ended 31 August 2024 

Company Registration No.  0844804 Charity Registration No.  529112 

## **Analysis of movements in restricted funds - prior year** 

||**Funds as at**|||**Gains/**||**Funds as at**|
|---|---|---|---|---|---|---|
||**1 September**|**Income**|**Expense**|**(losses)**|**Transfers**|**31 August**|
||**2022**|||||**2023**|
||**£**|**£**|**£**|**£**||**£**|
|Entrepreneurs Week|432|--|--|--|(432)|--|
|Macmillan|--|--|--|--|625|625|
|Leeds Hospital Bear|--|900|--|--|--|900|
|Motor Neurone|--|1,057|--|--|--|1,057|
|Ukraine|510|--|--|--|--|510|
|Bushcraft display|110|--|--|--|(110)|--|
|Total restricted funds|1,052|1,957|--|--|83|3,092|



|**16**<br>**Analysis of net assets between funds**<br>**Funds**<br>**£**<br>Tangible fixed assets<br>Investments<br>Current assets<br>Creditors falling due within one year<br>**Analysis of net assets between funds - prior year**<br>**Funds**<br>**£**<br>Tangible fixed assets<br>Investments<br>Current assets<br>Creditors falling due within one year|**General**<br>**Restricted**<br>**Fund**<br>**Fund**<br>**Total**<br>**£**<br>**£**<br>**£**<br>1,007,511<br>--<br>1,007,511<br>318,295<br>--<br>318,295<br>167,036<br>317<br>167,353<br>(175,465)<br>--<br>(175,465)<br>1,317,377<br>317<br>1,317,694<br>**General**<br>**Restricted**<br>**Fund**<br>**Fund**<br>**Total**<br>**£**<br>**£**<br>**£**<br>968,136<br>--<br>968,136<br>296,755<br>--<br>296,755<br>106,722<br>3,092<br>109,814<br>(91,948)<br>--<br>(91,948)<br>1,279,665<br>3,092<br>1,282,757|
|---|---|



## **17 Related Party Transactions** 

There were no transactions with related parties in the reporting and prior periods. 

## **18 Operating lease commitments Lessee** 

At the reporting date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows: 

|Office equipment<br>Not later than 1 year<br>Later than 1 year and not later than 5 years|**2024**<br>**£**<br>2,202<br>4,405<br>6,607|2023<br>£<br>3,685<br>6,607<br>10,292|
|---|---|---|



## **19 Auditors' ethical standards** 

In common with many organisations of our size and nature we use our auditors to assist with preparation of the financial statements and dealing with the tax authorities. 

Page 22