REGISTERED CHARITh NLthIBEIL" IIJ44084 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 FOR THE HIRAM TRUST Bronsens Chartered C8rtffjed A¢DJunlarrts Eden House Two Rivers Business Park tney Oxfonlshire OX28 4BL
THE HIRAM TRUST CONTENTS OF THE FINAhlCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 g• Rgforence and Admlnlstsative Delails Report Of1 Tt8•S 2 to 3 Independent Ex•min*$ Report statement of Flnancial Activltl Balance Sh901 Nots8 to Ihg Flnancknl Stat¢ments 7 to 10 Detalled Ststementof Financlal A¢bvltl••
THE HIRAM TRUST REFERENCE AND ADMINISTrATIVE DETAILS FOR THE YEAR ENDED 31 AUGUST 2025 TRUSTEES Mr l K Clements MrA C H Gordon OBE PRINCIPAL ADDRESS Ruskin 11 Old Bristol Roa Nailsworth Glou¢&stershre GL6 OLA REGISTERED CHARITY NUM8ER INDEPENDENT EXAMIMER Bronsens Chartered Certnled AntantS Eden House Two 'VerS BUneSS Pa Wlney Oxfotdslmr OX28 4BL Page 1
THE HIRAM TRUST REPORT OF ThE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 The trustees Present their raport with the fm8ncial stalernenls of the charity for the year ended 31 August 2025. The trustees have adopted the prowsions of Amnling and Reporting by Chaiities.. Statement of Reo)mmended Piacbce applicable to tharits preparing their accounts in accordance with the Financial Reporting Stsn4Y8rd applrable in the UK and Rep)1 of ]reld IFRS 1021 (effective 1 January 20191. O&JECTIVES AND AcnvmES Objecdves and actlvltle$ The ¢harrtable objectNe of the Hwam Trust is lo arrE the edwb.on of the public by providing or assisting in Ihe provision of experiential and praaul sknlls crfEnlaled edu(slSon in asSlat)n with 8¢hods. and independgnt educational initiatives which aco)rd the oducatKJnal pnne4)les of Rudolf Sleirr. In furtheran of the above the Trust has the fdkmng powers.. 1. To tscilitate thè development of Fyrientval Leanmng" in Ruddf Steiner I Wal(hJrf Upper Schools, and independent educational initiatives which attord the prinaples ofthe Hiram Twst-, 2. To ohr studènts a MCluM Ihe primary and INiwJ Crafts arising out of the stuoy and pra¢Xth of onvironm8ntal and18ndscape husbarKIry'. 3. To encouragg a Ihre&dimensional, experi8nts.al educative process through the sdenc and art of nature and development of a Goethean scientific approach.. 4. To promote research in OTder lo develop tha work of the Hlram Trust, and to expkye therapeut valu$ of a t78ft curriculum foT the incamating addescenl.. 5. To sponsor, SUPFXt or akl in the wemtition of experiential leanlng dther within existing xthools or in new educational e5tablishmenls and lo provide lund$ for sl purposes upon such ccfftdibons as the trustees may Ihink f 6. fo rfflnL publrsh and car¢ulate books. penlI(SI¥ or p3mFthJets and generalty to (lis5eminale information in relation to the principkn of the Hiram Trust. ACHIEVEMENTS AND PERFORMANCE Charilable o¢tivlll•s The primary activity for the year wa5 the 0[ratIOn of the Field Cantre, based near Nailsworth. which has bpen used for a wide varièty of education81 and reseaTch purposes in furtherance of the ¢hariV$ objeclives. In addition. the Trust supported the preparalion of two pUbcatI1)n5 whth are deswJned to help tèachers and pra(Ilboners use Ihe practice of c¥afts and gardening in an edtiOnal context. FIMANCIAL REVIE Flnancial perfomwnce and reserves pollcy Income for Ihè wr was £26.37412024 - £26,373) and expendhure was £15,38812024 - £25,256>. The n8t movement on funds was a surplu5 Df £10,986 (2024- £1,020). The tharity's res8rv&s a131 August 2025 weT8 £414.. all ofwhK wore unrestsi¢ted. There is no reservos policy in place as Ihg Trust is expected to have a lim(ted Irfaspan. However, If the trustees dec4de that the Hiram Trust should c*)ntnue, Ihey wlll agree and implement a rwrves poliLy for th8 fuiure. FUTURE PLANS 11 is Ihe intention of the trustees to grft the Field Centre to the rel8ied tharilthe ¢x>mp8ny The Ruskin Mill Centre for Rèsearch whose objects are compalilje wilh the objects of the Hiram Trust. FdltyAng the transfer of the Field Centre il is the intenth.on of the trustees that the Hiram Trust wll wound up. Page 2
THE HIRAM TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 202$ STRUCTU GOVERNAPICE AND MANAGEMEMT Gov8mlng docun*nt The Charity is CAinlrolled by its govemiThJ documerrt, a dged oftrusl. and n$t[tUt¥S an unintrjrp0ra tharty. The cl)arfty Is constituted un¢Jer a tru81 dged dated 31 Decentsr 1994 and is a registered charity, registered on 13 February 1995. Organi8atlonal slructure The Trust is wn by a board of three trustees who make all Ihe decisions. The truslg9s convene al 6t formal board meetings a year. If the number of trustees falls below three, additional tru5tee5 are to app)inted by resolution. The TTUSt office Is srtualed al Ruskin Illill, Oky Bristol Road. Nailsworth, Gkjucestershire, GL6 OLA. Approv by order ofthe board oftrustees on 15 May 2026 aTrJ sgrwj on hs behalf by.. Mr A C H Gordon OBE- Trustee Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HIRAM TRUST Independent ex4mSnerfs reportto th• trust8es of The Hlrnm Tru8t I report lo thè charity trustees on my examination of the ac£ounts of The Hiram Trust (the Trust) for the ygar 8nd8d 31 August 2025. Responsibilities and ba818 of report As the charity trust8es of the Trust YOU 8e responsib for the preparal)n of the acKounls in accordanch wrfh the requirernents of Ihg Ch8ritiesAd 20111'lhe Acri. I rewrt in respect tsf my minatiOn of the Twsl's acc4)unts wi8d out undw Sèrjion 145 of the Act and ' ¢rryIng out my examination I have folowed 811 aale DIrA10nS gNen by the Charity Commission undgr Section 145151{b} of Ihe A(*. Independent examin•rf8 ststement I havè ttjmpleted my examination. l ojnfirm that no material mattsrs have come to my attention in conne¢lion wSth the examinatiC gmng mg cause to believe that in any matenal fespect: 8c£ounting recth(Is werg nol kept in re5peia oflhe Twst a5 requY8d by Section 130 oflhe k4. or th¥ a¢counts do not a¢xord with Ihose rec$., or the accounts do not CX)rn wilh ihe applicable requirement$ conMIng the fomi and content of a(tounts set o¢Jt in the Charitses (Accounts and Reports} ReguL3tn$ 2Ch)8 other than any requirement that the aOunts give a Iwe and fair view which is nol a matter o)nsidered as part of an independent examinallon. I have rKI n¢emS and have come acros$ no other matters in ccnng¢lion with the examlnalion to which attention shDuld be drawn in Ihis [rt in order Its enable a prcyer understsnding of the 8ccounls lo be reached. Philip Burton Bsc FCA Bronsens Chartered Certified Ae4>)untsnts Eden House Two RNers Business Pa tney Oxfordshire OX28 4BL 15 May 2026 Page 4
ThE HIRAII TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025 31.8.25 unstrICted lund 31.8.24 Total funds Not&s INCOME AND EMDOWMETrtrs FROM Don*KJns and kga(ae8 124 126 Charitable •¢tl¥ltl•s Other i)mil¥ resources 26,250 28,250 Totsl 26.374 26,376 EXPENDITURE ON Charftable acllvilie$ Olher tharitabl8 expendrtu 12,388 22,396 Olher 3,OQJ 2.88AJ Totsl 15.388 25.256 NET INCOME 10,986 1,120 RECONCIUATION OF FUNDS Total funds brought forward 403.305 402.185 TOTAL FUNDS CARRIED FORWARD 414291 403,305 The not8s form part of these financial ststements Pagg 5
THE HIRAM TRUST BALANCE SHEET 31 AUGUST 2025 31.8.25 Unrestficted fund 31.8.24 Total nds Notes FIXED ASSETS Tangible assets 346,615 358.047 CURRENT ASSETS Debtors Cash at bank 13,184 61,887 12,811 36,602 75,071 49,413 CREDITORS Arno(tnts falling due Wthln one yoar (7,395) 11,5001 NET CURRENT ASSErs 67,676 47.913 TOTAL ASSETS L&8S CURREIIT LIABIUTIES 414,291 405.960 CREOITORS Amounts folling due after mora than one ye8r 7 12.655) NEf ASSETS 414,291 403.305 FUNDS Unrestricted fuThJs 414.291 403.305 TOTAL FUNDS 414.291 403.305 Th& finarJaI statements were appYowJ by the Board of Tnjslees authorised for issue on 15 May 2028 and were signed on its behalf by. Mr Gordon OBE- Trustee The notes form part ofthese finat)d81 statements Page 6
ThE HIRAMTRUST NOTES TO THE FINANCIAL STATrIE1$ FOR THE YE4R ENDED 31 AUGUST 2025 ACCOUNTING POLICIES 8a$i$ of pr¢partng the financial tststrM•nts The financaal slalemenls of the charity. whlth Is a plkn1 benefit enlrty undar FRS 102, have been prepared in 8(tordance vthh the Charities SORP IFRS 1021 'Accounling and Reporting by Chatiti88: Statement of Ro¢ommended Practi applicable to ch8ribes prepang thelr accounts in awrdan( with the Finanal Reportiw Standard applicable li the UK and Reputlic of Ireland IFRS 102) (effective 1 January 20191,. Financial Repcirting Standaf(1 102 The Fnancia Reporbng Standard applicable in the UK and Republi¢ of Ireland, and the Charibes Act 2011. The finanfial statements have btren pr&pared under the histori1 cost convention. The finandal $talemenls are prepares in stsrfing whK 1$ the luncthorAI currentry of the carty and rounded to the nearest £. Flnanclal reporting ¥tsndard 102 - reduced dlsclosure exgmptlo The charity has taken adv8nlagè of lh8 following disclosurg exernptn in FKeparing these financial statements, as pemiitted by FRS 102 The Finanaal Reporting Standard applicable in the UK and Republic of Ir8land': the reqrements of Section 7 Stslemont of Cash Fkhvs. Incom9 All inctsmè is recc4Jnised in the Statement of Financial Acbvitres onc th& charity has enlilemenl kn th9 lunds, it is probable that the Income will be r1ved aThl the amount can b8 rnea5ured relk8bty. Expenditure Liabilitiès are reLwni5ed a5 expenditure as soon as there is a legal or con8lruc"ve oblKJab'on committing the tharity lo that expenditure, it is probable that 8 sfer of economic btsnefils will bg required in setttement the amtsunl of the obligalM be measurgd rellay. Ewnditurè is accountsd for on an ac¢nJals b8Sts and has been dassffied under headings Ihat aggregate all o)st relate<l lo the category. VWere costs txnnol be diredty athILted to paiticdar headings they have been all¢xated to athwligs on a basis wnsistsnl wlh tha use of resources. Tanglblg fixed ets Deprec48tn 1$ prowded at the foll(Ming 8nnual rates in order to wrile off each asset ¢)ver its estimated uselul lrfe. Freehold propety Fixtures and ffttings 2% on 91 Straiyhl line ovgr 5 years Items of eqiipmenl are capitalised where the purchase price ex¢xeds £S)O. Ass8ts ar8 depreciated from the date on whkth thay are brought into us•. Taxation The charty is exempt knm tax on its Charitsb 8clfiwties. Fund •e¢ounllng unreStrted funds can be use(1 In atxordance wrfh the tharItab o"ectives at the discretion of I trustsO8. Restrted funds only be used for p8cular restrided pwposes withu) the objects of Ihe charity. Restrictions ariso when speafied by the donor or when funds a raised for particular restricted purposes. Further explanabon ol the naiure and purpose of eath fund is induded in the notes to the finanoal sktemèn Page 7 conlinued...
THE HIRAM TRUST NOTES TO THE FIPIANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025 OTHER 31.8.25 31.8.24 SuppNt costs 3,C#)O TRUSTEES. REMUNERATION AND BENEFrrs There were no trustee8' remuneration or (ther bgngfiis for the year 8nded 31 AU$l 2025 nor for the year ended 31 August 2024. TN¥tees' expenM8 There were no trustees, expenses pa¥J for the year ended 31 Au9usI 2025 Thy for th8 yaar ended 31 August 2024. TANGIBLE FIXED ASSETS FNtures and ffttings Freehold Totals COST At 1 September 2024 and 31 August 2025 445,047 35,523 480.570 DEPRECIATION Al 1 September 2024 Charge for year 91,124 8,901 31,399 2,531 122,523 11,432 AI 31 August 2025 100.025 133.955 NET BOOK VALUE Al 31 August 2025 345.022 1,593 346,615 Al 31 August 2024 353,923 4.124 358.047 DEBTORS: AMOUNTS FALLING DUE WITHIM ONE YEAR 31.8.25 31.8.24 Trade debtors VAT 3C£I 12.884 150 12.661 13,184 12.811 Page 8 continued...
ThE HIRAhl TRUST NOTES TO THE FINANCIAL STATEMENTS- conllnued FOR THE YEAR ENDED 31 AUGUST 2026 CREDITORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR 31.8.25 31.8.24 Trade credrtors Amwnts due lo lated paty Company Accwed expenses 1.440 2,655 3,300 1,10 7,395 1.500 CREDITORS: AMOUPffi8 FALLING DUE AFTER MORE THAN ONE YEAR 31.8.25 31.8.24 Other creditors 2.855 IAOVEhlENT IM FUNDS Nèt movement in fuThJ$ Al 318.25 Al 1.9.24 Unr•stricted lund$ General fund 403.305 10,986 414291 TOTAL FUMDS 403.305 10,986 414.291 Net nement in fuThls, irlUded in thè above are as folk)ws.' I)mIng Resources Movement rèsour expetKlgd kn fvnds Unrestrictsd ful8 Geftaral ld 26274 (15,3881 10,966 TOTAL FUNDS 26,374 (15.388) 10.986 Comparntivos for movement In fund8 Nel m0M@nI in n$ At 31.824 Al 1.9.23 Unr•$tri¢tgd fvndg General fuThJ 402.185 1,120 403,305 TOTAL FUNDS 402,185 1,120 403.305 Pag8 9 continued...
THE HIRAAI TRUST NOTES TO THE FINANCIAL STATEMEMTS - conllnuod FOR THE YEAR ENDED 31 AUGUST 2025 MOVEMENT IN FUNDS- continued Comparative nel rnovement in funds. ludad in the above a as fc41ows.' Incoming resources Resources Movement expended in funds Unr•strl¢t•d fvnds General fund 26,376 I25,2) 1,120 TOTAL FUNDS 26,376 (25,2561 1.120 RELATED PARTY DISCLOSURES Th8re were no related paty transactiCS k)r the year endeil 31 August 2U25. Page 10
THE HIRAM TRUST DEfAILED STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 AUGUST 2025 31.8.25 31.8.24 INCOME AND ENDC>VIMENTS Donatlon$ and1ggaGs DonalK)ns 124 126 cttarflablo a1¥1118$ Hire of premise$ 26.250 26,250 T¢)tsl in¢omlng r•sour¢e 26,374 26,378 EXPENDITURE Charltable acliviti88 Building and ground iMproven$ Freeh¢)Id PTopgrty Fixtures and ffittiThJs 10.964 8,901 2,531 8,901 2,531 12.388 22,3 Support CO8ts Acmintancy Bank drgeS Tolal resources eynded 15.388 25,256 N•t Income 10.986 1,120 This page does not fom part oflh8 staluW finarwl stalemor Pag&11