Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Company Registration No. 02474511 (England and Wales)
Charity Registration No. 702709

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LIFE EDUCATION (BRADFORD) LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr M Smithies
Mr D M S Henderson
Mr J Waterhouse
Miss J Smithies
{Appointed 28 February 2024)
Secretary
Mr M Smithies
Charity number
702709
Company number
02474511
Principal address
13 South Square
Thomton
Bradford
BD18 3LD
Registered office
13 South Square
Thornton
Bradford
BD18 3LD
Independent examiner
Alison Whalley FCA
Azets Audit SeprficesLtd
Carlton House
Grammar School Street
Bradford
BD14NS
Bankers
Barclays Bank plc
10 Market Street
Bradford
BD11EG

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
CONTENTS
Page
Trustees report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the accounts
8-17

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report and financial statements for the year ended 31 March 2024.
The accounts have been prepared in accordance wth the accounting policies set out in note 1 to tFE accounts
and comply with the Charity's Memorandum and Articles of Association, Ihe Companies Act 2006 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) (effective 1 January 2019).
Objectives and activities
The company was established for the advancement and promotion in the area of Bradford Metropolitan District
Council and surrounding areas for the public benefit of education and useful knowledge in relation to the
workings of the human mind and body and the adverse effects that the abuse of drugs, alcohol and other
substances can have. The objectives are'.-
The education of people, especially young people, on how the human body works and the effect drugs,
alcohol and other substances may have on the working of the human body.
To equip people, especially young people, to understand and overcome pressures to abuse the working
of their bodies.
To encourage in people, especially young people, in awareness of their uniqueness and potential as
human beings and of the uniqueness and potential of other human beings.
To equip people, especially young people, with the skills necessary to understand and overcome
pressures to limit the uniqueness and potential of human beings.
To educate people, especially young people, on the relationship be￿een human beings animals the
environment and the universe and on the effect of interfering with the environment and the universe.
To equip people, especially young people, with the skills ne￿SSary to understand and overcome
pressures to abuse the environment and the universe.
To equip people, especially young people. ￿ryth the outlook life skills and philosophy necessary to
promote a feeling of harmony within themselves, wth others, the environment and the universe.
To train people and provide ￿ntreS and facilities to cary out all or any one or more of the above objects.
The charity provides mobile dassrooms and training of educators who visit schools to deliver prO￿ammeS
relating to the objectives.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
Charity should undertake.
The Charity's policy is to consult and discuss w￿th employees, through unions, staff Councils and at meetings,
matters likely to affect employees, interests.
Infomiation of matters of concem to employees is given through information bulletins and reports which seek to
achieve a common awareness on the part of all employees of the financial and economic factors affecting the
group's performance.
Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of
the applicant concerned. In the event of members of staff becoming disabled, every effort is made to ensure that
their employment wthin the Charity continues and that the appropriate training is arranged. It is the policy of the
Charity that the training, career development and promotion of disabled persons should, as far as possible, be
identical to that of other employees.

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
TRUSTEES REPORT (CONTINUED){INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Achievements and performance
This is the second year after the covid-19 pandemic and activity levels are now above those before the
pandemic. Our Educators are continuing to deliver our sessions in the classroom. We do still have two caravans
but we cannot see them ever being used again given the restrictions on space and air quality. We havè therefore
put them up for sale with Lintons. although so far we have not had a reasonable offer for them.
The promised legislation to require schools to provide relationship education, for which our Life Education
offering is ideally suited, has finally been enacted and became effective in September 2022, although schools
were given a further ￿e1ve months to prepare. So September 2023 became the effective date for schools to
show they were satisfying this requirement.
The Life Education programme and content, including the SCARF on-line offering, has been extensively updated
and exiended. It now meets all the new requirements from the Department of Education and indeed the OFSTED
inspection framework. We are therefore in an excellent position to help Bradford schools to meet their
requirements under the new legislation.
Demand from schools has grown as a result. There is competition from some new entrants and existing
competitors but we are confident following market research that we do have the best product. Obviously we have
to promote and sell it vigorously. as we are doing. helped by excellent tests'monials from teachers. On-line
teacher forums have proved very supportive.
Sales of the SCARF on-line product have continued to grow and in each case we receive part of the license fee
charged by Coram as a commission. This provides useful in￿rne at no extra cost. We also get a strong
introduction to the school with the opportunrty to sell our Life Ed program.
Our team of Educators comprises Jane (four days), Juliet {two and a half days), Julia (three days), and Lucy, our
full-time Team Leader. Julia started in early 2023 so this is the first full year with our extended team.
However, pressure on school budgets is growng and we are on occasion having to make offers and sFe¢ial
deals. Sales to schools reached £88k. our highest figure yet. and they continue to grow.
Before depreciation we made a small operating loss but the continued very generous support from the Keith
Howard Foundation, in the form of a £30k grant, meant that overall we showed a small loss of £7k.
Keith was a founder-Trustee and his charitable work has continued after his sad death with his granddaughter
Melissa Tomlinson, nee Fojt, now chairing the d)aritable foundation in his name. We very much hope Ihat our
long association continues.
Our cash position remains healthy with net current assets at £110k, slightly down from £115k. This reserve
represents something less than one year's trading and so is wthin the Charity Commissions guideline.
Our Trustees have attended regular meetings, via Zoom, and all have contnbuted. Maurice Smithers has
continued as Treasurer for yet another year and we are grateful to him. Jane Smithers has also provided
invaluable help with invoicing and was also welcomed as a Trustee.
Our educator team have done exceptionally well in a further difficult year. The Trustees want to thank Lucy, Jane,
Juliet and Jane for their continued service and dedication.
The need for our service remains as strong as ever with OFSTED looking for schools to have a full Relationship
and Sex Education program in place. Regular class teachers do not always find this easy and so look for help
which Life Education and SCARF are ideally placed to provide. New Life Ed child mental health modules have
been introduced into the SCARF program which will allow us to meet this new and growing demand. School
budget pressures remain the greatest barrier.

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LIFE EDUCATION (BRADFORD) LIMITED
TRUSTEES REPORT (CONTINUED){INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Fundraising
Section 162a of the Charities Act 2011 requires charities to make a statement regarding fundraising activities.
The legislation defines fundraising as 'soliciting or otherwise procuring money or other propety f(￿ charitable
purposes.. The charity does not actively raise funds from the public either directly or via use of an agent,
accordingly no such amounts are presented in the financial statements for the year under review. The charity
has received no complaints in relation to fundraising activty for the year under review.
Given the nature of the funding of the charity the Trustees consider that it remains appropriate not to be
voluntarily bound to be regulated by the Fundraising Regulator.

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
TRUSTEES REPORT (CONTINUED){INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Financial review
Full details of the financial transactions are contained in the attached Statement of Financial Activities, Balance
Sheet and Notes. Total incoming resources for the year were £128,572 (2023 £123,079) and after deducting
reSoUr￿S expended of £138,649 (2023 £119,403) the net expenditure was £10,077 12023 £3,676 net
income).
The net assets of the charity at the financial year were £118,415 {2023 - £128,492), this being made up of
£10,287 designated funds and £108,028 general funds.
The charity aims to have 9 months expenditure, equating to £102,000, in reseNes to ensure the continuation of
the charity. This level of reserves has been achieved.
The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are
in place to mitigate exposure to the major nsks.
Structure, governance and management
The Charity is a company limited by guarantee and was incorporated on 27 February 1990, registration number
02474511, and registered as a charity in England and Wales on 20 March 1990, registration number 702709.
The Trustees, who are also the directors for the purpose of company law, and vtho served during the year and up
to the date of signature of the financial statements were=
Mr M Smithies
Mr D M S Henderson
Mr J Waterhouse
Ms M Fojt
Miss J Smithies
(Resigned 28 July 2023)
(Appointed 28 February 2024)
Trustees are recruited for their experience and skill to benefft the charity- Training is provided if necessary.
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company
and guarantee to contribute £1 in the event of a winding up.
Indemnity insurance is included in the Insuran￿ costs.
The charity is run by the trustees as listed on the Legal and Administrative Information page.
The Trustees report was approved by the Board of Trustees.
n(Y ￿ gMdluLs
J (1)JkA￿sL
r l￿f*￿0,05e
OED4FIF845A...
mithies
Trustee
Dated: 27 March 2025
Trustee
Dated.'27 March 2025

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LIFE EDUCATION (BRADFORD) LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF LIFE EDUCATION {BRADFORD) LIMITED
I report on the financial statements of the Charity for the year ended 31 March 2024, which are set out on pages
6t017.
Respective responsibilities of Trustees and examiner
The Charity's Trustees, who are also the directors of Life Education (Bradford) Limited for the purposes of
company law, are responsible for the preparation of the financial statements. The Trustees consider that an audit
is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent
examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent
examination, it is my responsibility to..
examine the financial statements under section 145 of the 2011 Act.,
(li) to follow the procedures laid down in the general Directions given by the Charity Commission under section
145{5){b) of the 2011 Act- and
(iii) to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance wth the general Directions given by the Charity Comm ission. An
examination includes a review of the accounting records kept by the charity and a comparison of the financial
statements presented with those records. It also includes consideration of any unusual items or disdosures in the
financial statements, and seeking explanations from you as trustees conceming any such matters. The
procedures undertaken do not provide all the evidence that would be required in an audit and consequently no
opinion is given as to whether the financial statements present a 'true and fair view and the report is limited to
those matters set out in the next statement.
Independent examinerfs statement
In connection with my examination, no matter has Come to my attention:
(a) which gives me reasonable cause to believe that in any material respect the requirements..
{1} to keep accounting records in accordan￿ with section 386 of the Companies Act 2006,. and
(li) to prepare financial statements which accord wth the accounting records, comply with the accounting
requirements of section 396 of the Companies Act 2006 and wth the methods and principles of the
Statement of Recommended Practice.. Accounting and Reporting by Charities:
have not been mel or
(b) to which, in my opinion, attention should be dravm in order to enable a proper understsnding of tPE
financial statements to be reached.
Svjned ty..
Be2￿1*&5F42aD2..
Alison Whalley FCA
Independent examiner
Azets Audit Services Limited
Cadton House
Grammar School Street
Bradford
BD14NS
Dated: 27 March 2025

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LIFE EDUCATION (BRADFORD) LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Unrestricted
funds
funds
2024
2023
Notes
Income from:
Donations and legacies
Charitable activities
Investments
33,500
94,554
518
41,626
81,337
116
Total income
128,572
123,079
Charitable activities
138,649
119,403
Net {expenditure)lin¢ome for the yearl
Net movement in funds
(10,077)
3,676
Fund balances at 1 April 2023
128,492
124,816
Fund balances at 31 March 2024
118,415
128,492
The statement of financial activities indudes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies V￿th the requirements for an income and expenditure account
under the Companies Act 2006.

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
Investments
11
12
10,287
100
13,715
100
10,387
13,815
Current assets
Debtors
Cash at bank and in hand
13
27,907
90.736
77,760
51,558
118.643
129,318
Creditors: amounts falling due within
one year
14
(10,615)
(14,641)
Net current assets
108,028
114,677
Total assets less current liabilities
118,415
128,492
Income funds
Unrestricted funds
Designated funds
General unrestricted funds
16
10,387
108.028
13,815
114.677
118.415
128.492
118,415
128,492
The company is entided to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2024.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial ststements for the year in question in
accordance with section 476.
These financial statements have been prepared in accordance wth the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the Trustees on 27 March 2025
Do¢u*ned by.
J (lJdLknsL
E845A.
Mr'th¥mitA
E41B
ouse
ies
Trustee
Trustee
Company registration number 02474511

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LIFE EDUCATION (BRADFORD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity information
Life Education {Bradford) Limited is a private company limited by guarantee incorporated in England and
Wales. The registered office is 13 South Square, Thomton, Bradford, BD18 3LD.
1.1 Accounting convention
The accounts have been prepared in accordance with the Charity's Memorandum and Articles of Association,
the Companies Act 2006 and "Accounting and Reporting by Charilies.. 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). (as amended for accounting periods commencing
from 1 January 2019). The Charity is a Public Benefit Enlity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in fvrtherance of their charitable
objectives.
Restricted funds are subject to speafic conditions by donors as to how they may be used. The purwses and
uses of the restricted funds are set OLrt in the notes to the financial ststements.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any perfomiance conditions have been
met, the amounts Can be measured reliably, and it is probable that income will be re￿ived.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under GiftAid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on re￿Ipt or othe￿Ise if the Charity has been notified of an impending distribution.
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Icontinued)
1.5 Expenditure
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the
expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings
that aggregate all costs related to the category.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impaiment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases=
Equipment
Mobile classrooms
250A reducing balance
250h reducing balance
The gain or loss arising on the disposal of an asset is detemiined as the difference between the sale
proceeds and the carrying value of the asset. and is recognised in the statement of financial activities.
1.7 Fixed asset investments
Fixed asset investments are initially measured at transaction pri￿ excluding transaction costs, and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net
incomel(expenditure) for the year. Transaction costs are expensed as incurred.
1.8 Impairment of fixed assets
At each reporting end date, the Charity reviews the carying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indtation
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impaimient
loss {if any).
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in Current liabilities.
1.10 Financial instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charitys balance sheet when the Charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, wth the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a
net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which indude debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.

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LIFE EDUCATION (BRADFORD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Icontinued)
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a finanang transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as Current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or
cancelled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed
to terminate the employment of an employee or to provide temiination benefits.
1.12 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Critical accounting estimates and judgements
In the application of the Charity's accounting policies, the Trustees are required to make judgements.
estimates and assumptions aboLrt the carying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underfying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects cnly that
period, or in the period of the revision and future periods where the revision affects both Current and future
periods.
10-

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Donations and legacies
Unrestricted Unrestricted
funds
funds
2024
2023
Donations and gifts
33,500
41,626
Donations and gifts
Life Education Mobiles {2010) Ltd
Sovereign Health Care
Community donation
Rotary Club of Bradford Blaize
Bradford Schools Drug Prevention Initiative
The Keith Howard Foundation (Fomierly Emerald Foundaton)
1.000
3,000
2,500
1,000
1,000
6,626
30,000
30,000
33,500
41,626
Charitable activities
Charitable Charitable
Income
Income
2024
2023
Charges for classroom provision
Commission
88,260
6,294
75,403
5,934
94,554
81,337
Investments
Unrestricted Unrestricted
funds
funds
2024
2023
Interest receivable
518
116
11

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable activities
2024
2023
Staff costs
Travelling
Licence fee
Vehicle costs
Teaching materials and equipment
105,128
5,442
10,679
700
235
82,933
3,043
9,368
175
789
122,184
96.308
Share of support costs {see note 7)
Share of governance costs (see note 7)
14,515
1,950
21,180
1,915
138,649
119,403
Support costs
Support Governance
costs
costs
2024
Support Governance
Costs
costs
2023
Depreciation
Rent and rates
Insurance
Training
Telephone
Sundry expenses
Bank charges
Payroll fees
3,429
4,180
4,802
3,429
4,180
4,802
8,948
3,251
4,163
2,696
593
903
103
523
8,948
3,251
4,163
2,696
593
903
103
523
923
402
103
676
923
402
103
676
Independent examiner's
1,950
1.950
1,915
1,915
14,515
1,950
16,465
21,180
1,915
23,095
Analysed be￿een
Charitable activities
14.515
1.950
16.465
21.180
1,915
23,095
All support and governance costs are allocated to the sole charitsble actrvity.
Trustees
None of the Trustees {or any persons connected with them) received any remuneration, benefits or expenses
from the Charity during the current or previous year.
12-

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Employment costs
2024
2023
Wages and salaries
Social security Costs
other pension costs
98,274
3,294
3,560
77.357
1,911
3,665
105,128
82,933
No employee eamed more than £60,000 during the current or previous year.
10 Taxation
As a charity the company is exempt from tax on income falling within part 11 of the Corporation Tax Act 2010
and on gains falling within s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are
applied to its charitable objectives. No tax charges have arisen in the Chartty.
11 Tangible fixed assets
Equipment
Mobile
classrooms
Total
Cost
At 1 April 2023
10,935
94,324
105,259
At 31 March 2024
10,935
94,324
105,259
Depreciation and impaimient
At 1 April 2023
Depreciation charged in the year
8,866
517
82,678
2,911
91,544
3.428
At 31 March 2024
9,383
85.589
94.972
Carrying amount
At 31 March 2024
1,552
8,735
10,287
At 31 March 2023
2,069
11,646
13,715
13-

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Fixed asset investments
Unlisted
investments
Cost or valuation
At 1 April 2023 & 31 March 2024
100
Carrying amount
At 31 March 2024
100
At 31 March 2023
100
13 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Prepayments
27,820
87
77,691
69
27,907
77,760
14 Creditors: amounts falling due within one year
2024
2023
Other taxation and social security
Accruals and deferred income
5,859
4,756
11,020
3,621
10,615
14,641
15 Retirement benefit schemes
Defined contribution schemes
The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the Charity in an independently administered fund.
The charge to profit or loss in respect of defined contn'bution schemes was £3,56012023 - £3,665).
14-

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Designated funds
The income funds of the Charity include the following designated funds which have been set aside out of
unrestricted funds by the trustees for specific purposes..
Balance at
1 April 2022
Resources
expended
Transfe
Balance at
1 April 2023
Resources
Balance at
expended 31 March 2024
Fixed asset fund
Investments in entities
23,638
100
(6,017)
{3.906)
13.715
100
(3,428)
10.287
100
23,738
(6,017)
{3,906)
13,815
(3,428)
10,387
The fixed asset fund represents the net book value of the fixed assets.
The investments in entities ￿nd represents the cost of investment in Life Education Mobiles (2010) Limited, a
company in which the charity owns a 12.50/0 share.
15-

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
u•uJ
tsi In
XJ ￿ tr- (D

Docusign Envelope ID.. 4DC65A66-6E3B481&A3F7-E18E267554BD
LIFE EDUCATION (BRADFORD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Analysis of net assets between funds
General Designated
funds
funds
2024
2024
Total
General Designated
funds
funds
2023
2023
Total
2024
2023
Fund balances at 31
March 2024 are
represented by..
Tangible assets
Investments
Current assetsl(liabilities)
10,287
100
10,287
100
108,028
13,715
100
13,715
100
114,677
108,028
114,677
108,028
10,387
118,415
114,677
13,815
128,492
19 Related party transactions
Remuneration of key management personnel
The remuneration of key management personnel is as follows.
2024
2023
Aggregate compensation
40,181
39.502
Transactions with related parties
During the year the Charity entered into the following transactions wrth related parties..
During the year £400 was paid to Jane Smithies for self employed work. Jane was appointed as a trustee of
Life Education {Bradford) Limited on 28 February 2024 and is also the daughter of Maurice Smithies a
Trustee of Life Education (Bradford) Limited.
During the year invoices were raised amounting to £108.603 to Life Education Mobiles (2010) Limited. (2023
£96,599} M Smithies is a Director of both Life Education (Bradford) Limited and Life Education MobiÈs {2010)
Limited. At the year end Life Educats'on Mobiles (2010) Limited owed Life Education {Bradford) Limited
£22,758 (2023 £47,691).
The arrangement wth Life Education Mobiles (2010) Limited came to an end on 31 March 2024. As from 1
April 2024 all schools will be invoiced directly from Life Education (Bradford) Limited.
17-