Charity nurnber.. 1051142 HOLMER GREEN SENIOR SCHOOL TRUST UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
HOLMER GREEN SENIOR SCHOOL TRUST CONTENTS Page Reference and Admlnlstratlve Detalls of the Charlty. its Trustees and Advisers Trustees, Report Indepèndent Examine¢$ R&port Statement of Flnanclal Actlvltlgs Balance Sheet Notes to the Financlal Ststements 9-15
HOLMER GREEN SENIOR SCHOOL TRUST REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 202S Trustees Stephen Pilgrim, Truslee125 June 2025} Sian Beswick, Truslee125 June 2025, resigned 8 Marth 20261 Edward Hillyard, Trustee Anthony Green Lynda Jackson Charlty reglstered number 1051142 Principal office Parish Piece Holmer Green High Wycombe Bucks HP15 6SP Accountants James Cowper Kreslon Chartered A¢¢ounlanls Apex Forbury Road Reading RG11AX Bankers Lloyds Bank 27-31 While Hart Street High w0mbe Bucks HP11 2HL Page 1
HOLMER GREEN SENIOR SCHOOL TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The Trustees present their annual report together wlh the financial slaternenls of Ihe Charity lor the year 1 September 2024 to 31 August 2025. Objectlve$ and activities Policies and obSectlves The Trust's principal objective is lo provide or assist in the provision of addrtional services facilities for the education of pupils and former pupils of Holmer Green Senior School, Buckingh8mshire, and ID Otherwse further their edu¢alion. In setting objectives and planning for 8clivilies. the Trustee5 have given due consideration lo general guidance PLJblished by the Charity Comrnission relating lo public benefit, including the guidance 'Public benefit.. running a charity IPB21'. b. Strategiès for achieving oblectlves The aims of the charity are to raise funds and receive contributions in order to provide services and fa¢ilities to the students ol Holmer Green Senior Schtsol with the aim of advancement of edLJcation. Achievements and performance Key perfomiance Indlcators Total incoming resources in the period were £300.753 12024". £450.9061. The total resources expended in the period were £408,497 12024.. £409,286>, resulting in nel deficit o11£107,774112024'. surplus 241,S201. Funds lolalling £222,845 12024.. £330.5891 are available lo support the operation of the Charity in pursuit of its objective5. b. Revlew of a¢tlvltle$ This has been a very busy year for Holmer Green Senior School with a full programme of Trips and Activities for students. We are delighted that our Duke of Edinburgh programmes for continue lo go from strength to strength with gooLI participation in Bronze, Silver and Gold. We also run the Venture programme loi Year 7 which helps prepare students for the awards and provides an excellent bonding experience for the new year group on arrival al th& school. The dedication of our staff has ctsntrlbuled lo this varied programme ol extra-curricular events. ¢. Student laptop schem& Our Sludenl Laptop Scheme is a Lease purchase laptop scheme lor parentslcarers and is invaluable in supporting learning in classrooms and homework. We have achieved Microsoft Showcase slalus again this year and use of the laptops has been vital lor this. d. Investment pollcy and perfom)an¢e The Charity does not hold any investments. Page 2
HOLMER GREEN SENIOR SCHOOL TRUST TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Flnanclal rovlew Going concern After making appropriate enquiries, the Trustees have a ieason8ble expectation that the Charity has adequate resources lo continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going Goncem basis in preparing the financial stslemenls. Further details regarding the adoption of the going concern basis can be found in the accounts'ng policies. b. Reserves pollcy 11 is the Trustees, view that il is prudent lo ensLJre that there are sufficient free reserves to provide financial flexibility through the year. c. Principal fundlng Funding is largely received frorn the students. parents or carers bul is also received through various fundraising events. structurei govemance and management a. Constllution Holmer Green Senior School Trust is a registered charity, number 1051142. and is consliluled under a Trust deed. b. Methods of appointment or election of Trustees The management of the charity is the responsibility of the Trustees who are elected and ¢0pled under the terms of the Tru51 deed. The five Iruslees of the School Fund are those in the posts of Headleacher. Chair of Governors, Chair of the Governors. Finance Committee, Director of Finance and Operations, Director of HR and Compliance. c. Organisatlonal structure and declslon-maklng pollcles Trustees receive updates on the school fund al finance subcommillees which are held five limes a year. Decisions are made Ihrough the lull agreement of the subcoTllmillee and then recommended to the full governing body. Three Iruslees are members of the finance subcommittee and one is the chair of the full governing body. The minutes of the subcommittee meelin9s are presented Its lull governors lor acceptance. Accounts are signed al subcommittoe meetings. d. Policies adopted for the induction and training of Trust99$ A5 Iruslee5 are recruited on the basis of their position in the school very lrttle training is required. Page 3
HOLMER GREEN SENIOR SCHOOL TRUST TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Structurè. gov8mance and manayèment Icontlnuedl e. Flnanclal rlsk management The Trustees have assessed the major risks lo which the charity is exposed. in particular those related lo the operations and finances of the charity. and are satisfied th81 systems and procedures are in place lo miligale exposure lo the major risks. The school maintains full insurances for public liability, employers, liability and premises and contents. When planning for use of funds thè trustee5 maintain a minimum of £10,000 retention ftjnd to ensure sufficient reserves are maintained for the management of school vi511s. Plans for future periods The schr)ol budget for the ye8r 2025128 has been sel by the governors wlhout ulili5ing any school funds. These monies will continue lo support the further development and maintenance of the site. Our curienl future plan5 include CIF bids lor significant up grades lo the healing system. Funds held as custodlan The Charity does not hold any funds as a custodian. statement of Trustees. responslbllltles The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted A¢¢ounling Practice). The law applicable lo ch8rilies in England & Wales requires the Trustees lo prepare financial slalements lor each financial year which give a true and lair view of the slate of 8ffairs of the Charity and ol its Incoming resources and application of resources, in¢luding ils income and expenditure, lor that period. In preparing Ihese financial slalemenls. the Trustees are required lo.. select suitable accounting policies and then apply them consistently". observe the methods and principles of the Charities SORP IFRS 1021.. make judgments and a¢counting estimates that are reasonable and prLJdent'. state whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material departures disclosed and explained in the financial slalernenls". prepare the financial slalemenls on the going concem basis unless il is inappropriate lo presume that the Charity will continue in business. The Trustoes are responsible lor keeping adequate accounting records that are 5uffi¢ienl lo show and explain the Charity's Iransa¢lions and disclose with reasonable a¢¢uracy at any time Ihe financial pos11ion of the Charity and enable them lo ensure that the financial statements comply with the Charities Act 2011, the Charity IA¢counts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible lor safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention an($ detection of fraud and other irregularities. Approved by order ol the members of the board of Trustees and signed on their behalf by.. Edward Hlllyard (Trusleel Date.. 24 June 2026 Paye 4
HOLMER GREEN SENIOR SCHOOL TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Independent Examlngr's Report to the Trustees of Holmer Green Senior School Trust I'the Charity'l I report lo the charity Trustees on my examination of the accounts of the Charty for the year ended 31 August 2025. Responsibilities and Basis of Report As the TrLJStees of the Charity you are responsible for the preparation of the accounts in accorL%ance with the requirements of the Charities Act 2011 I'lhe 2011 Act'l. I report in respect of my examination of the Charity's accounts carriod out under so¢lion 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independ&nt ExamIne$ Statement Since the Charity's gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member of ICAEW, which is on& of the listed bodies. Your attention Is drawn lo the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities." Slalemenl of Recommended Practice issued on 1 April 2005 which is referred lo in the extant regulations bul has been withdrawn. l understand that th$ has been done in order for the accounts lo provide a true and falr view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have cornpleted my ex8minalion. I confirm that no matters have Come to my attenb'on in conneclitsn wllh the examination giving me cause to believe that In any malerlal respect.. accounting records were not kept in respect of the Charity as required by section 130 01 the 2011 Act., or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements conceming the form and content of accounts sel out in the Gharilies (Accounts Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a matter Considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which allenlion shoLJld be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Page 5
HOLMER GREEN SENIOR SCHOOL TRUST INDEPENDENT EXAMINER'S REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 This report is Tllade solely lo the Charitys Trustees, as a body, in accordance with Part 4 01 the Charities IA¢¢ounts and Reports) Regulations 2008. My work has been undertaken $0 that I might slate lo the Charity's Trusl&es those matters l am required lo slate ID them in an Independent Examinèr's Report and for no other purpose. To the fullest exlenl permitted by law, I do not accept or assume responsibilrty lo anyone other than the Charity and the Charity's Trustees as a body. for my work or for this report. Signed.. Dated.. 25 June 2026 Darren O'connor Bcs (Honsl FCCAACA James Cowper Kreslon Chartered Accounlanls Apex Forbury Road Reading RG1 1AX Page 6
HOLMER GREEN SENIOR SCHOOL TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacies Other trading activities Investments 99,437 199,797 1,519 99,437 199.797 1.519 127,998 321,030 1,878 Total income 300,753 300,753 450,906 Expenditure on: Raising funds 408.497 408,497 409,286 Total axpendlturo 408.497 408,497 409,286 Net movement in funds 1107,7441 1107,7441 41.620 Reconciliation of funds.. Total funds brought forward Nel mov&menl in funds 330.S89 1107.7441 330,589 1107,7441 288.969 41,620 Total funds carried fotward 222,845 222,845 330,589 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 9 10 15 form part of these financial slalemenls. Page 7
HOLMER GREEN SENIOR SCHOOL TRUST BALANCE SHEET AS AT 31 AUGUST 2025 2025 2024 Note Current assets Debtors Cash al bank 8nd in hand 24,37S 267,674 13,730 340,354 292,049 354.084 Currènt liabilltles Creditors.. amounts falling due within one year 169,2041 123,4951 Net current assets 222,845 330.589 Total as$8ts less currènt liabilities 222,845 330,589 Total net assèts 222,845 330,589 Charlty funds Restricted funds Unrestricted funds 222,845 330.589 Total funds 222,845 330,589 The fin8n¢ial staternenls were approved and aulhorised for Issue by the Trustees anrt signed on their behalf by.. Edward Hillyar ITrusleel Date.. 24 June 2026 The notes on pages 9 10 15 form part of these financial statements. Page 8
HOLMER GREEN SENIOR SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 General Infomiatlon The name of the Trust as listed in the Register of Charitie5 is Holrner Gre&n Senior School Trust. The number assigned to the TrLJsI is 1051142. The principal addre55 of the Tru51 is Parish Piece, Holmer Green, High Wycombe, Bucks, HP15 6SP. The Trust's principal objeclivo is lo provide or assist in the provision of additional services and facilities for the education of pupils and former pupils of Holmer Green Senior School, Buckinghamshire, and lo otherwise further their education. Accountlng pollcles 2.1 Basls of preparatlon of flnanclal statements The financial slalements have been prepared in accordance with the Charities SORP IFRS 1021 Ac¢ounling and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accoun15 In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, th& Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 and the Charities Act 2011. The financial slalements havg been prepared lo gtve a 'lrue and fairf view and have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the exlenl required ID provide a 'lrue and fair. view. This departure has Involved following the Chaiilies SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charities.. Slalement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Holmer Green Senior School Trust meets the definition of a PLJblic benefit enlily under FRS 102. Assets and 1Sabililies are initially recognised al historical cost or transaction value unless otherwise slated in the relevant accounting policy. 2.2 Income All Income is recognised once the Charity has enlillemenl lo the incomg, il is probable that the income will be received and the amount of income receivable can be measured reliably. Income tax rgcov¢rable in relation lo investment income is recognised at the lime the investment income is receivable. 2.3 Expenditure Expenditure is recognised once Ihero is a legal or constructive obligation lo transfer economic benefit lo a third party, il is pr(>bable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is Classified by activity. The costs of each activity are made up of the total of direct costs and shared c05t5, including support costs involved in undertaking each activily. Direct costs attributable lo a single activity are allocated directly lo that activity. Shared costs which contribute lo more than one activity and support costs which are not allribulable lo a single activity are apportioned between Ihtsse activities on a basis consislenl with the use of resources. Central staff c051s are allocated on the basis of lime spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for ils charitable purposes and includes costs of all fundraising activities events and non-charitsble trading. All expenditure is inclusive of irreGoverable VAT. Page 9
HOLMER GREEN SENIOR SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accounting pollcles Icontlnuedl 2.4 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity.. this is norrnally upon nolificalion of the interest paid or payable by the inslilulion with whom the funds are deposited, 2.$ Debtors Trade and other debtors are recognised at the selllemenl amount after any trade discount offered. Prepayments are valued al the amount prepaid nel of any trade discounts due. 2.6 Cash at bank and Sn hand Cash al bank and in hand indudes ¢8sh and short-lerm highly liquid investments with a short maturity of three months or less from the dale of acquisition or opening of the deposit Dr similar account. 2.7 Llabllltles and provlslons Liabilities are recognised when there is an obligation al the Balance Sheet date as a result of a past event. it is probable that a transfer of economic benefit will be iequired in seitlemenl, and the amount of the setdement ean be estimated reliably. Liabilities are recognised al the amoLJnt Ihal the Charity anticipates il wll pay to settle the debt or the amount il has received as advanced payments lor the goods or services il Fnusl provide. Provisions are measured al the besl estimate of the amount5 required lo sellle the obligation. Where the effect of the time value of money is material, the provision is based on the present value ol those amounts, discounted al the pre-tax discount rate that reflect5 thè risks specific lo the liability. The unwinding of the discount is recognised in the Slalèmonl of Financial Activities as a finance cost. 2.8 Finan¢lal Instrument5 The Charity only has financi818ssets and financial liabililies ol a kind that qualify as basic financial inslrumenls. Basic financial instruments are initially recognised al transaction value and subsequently measured at their settlement value with th& exception of bank loans which are subsequently measured at amortised ¢osl using the effective interest method. 2.9 Fund a¢¢ounting General funds are unre51ricted funds which are available for use at the discretion ol the Trustees in furtherance ol the general objective5 01 the Charity and which have not been designated for other purposes. Investment income, gains and losses are allocated lo the appropriate fund. Page 10
HOLMER GREEN SENIOR SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Income from donations and legacles Unrestricted nd$ 2025 Total fund$ 2025 Total funds 2024 Donation5 99,437 99,437 127,998 Total 2024 127,998 127,998 Income from other tradlng actlvltles Incomg from fundral$lng events Unre$lr]ct¢d funds 2025 Total funds 2025 Total funds 2024 Income from UK and overseas trips Income from olhei activities 170,075 29,722 170,07S 29.722 287.589 53,441 199,797 199,797 321,030 Total 2024 321,030 321,030 Investment Income Unrestrlcted funds 2025 Total funds 2025 Total funds 2024 Investment income 1.519 1.519 1,878 Total 2024 1.878 1,878 Page11
HOLMER GREEN SENIOR SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2026 Expendlture on raislng funds Costs of ralslng voluntary Income Unrestrlcted funds 202S Total funds 2025 Total funds 2024 Expenditure on UK trips Expenditure on overseas trips Expenditure on governance cost5 and the general running of the trust Expendllure on other activities 79,088 122,712 79,088 122,712 48.723 165,771 191,885 14.812 191,885 14,812 50,288 144.504 408,497 408,497 409.286 Total 2024 409,286 409.286 Independgnt exafflinerf$ ramuneration The independent examiner's remuneration amounts lo an independent examiner lee of £2,250 12024 £2,2501. Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits12024 - £NILI. During the year ended 31 August 2025. no Trustee expenses have been in¢urred12024 - £NILI. Debtors 202S 2024 Due within one year Other debtors 24.375 13.730 Page 12
HOLMER GREEN SENIOR SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 10. Creditors: Amounts falling due within on& year 202S 2024 Other creditors 69,204 23,495 11. Statement of funds Statement of funds - current year Balance at 1 September 2024 Balance at 31 August 2025 Incom& Expendlture Unrestrlcted funds General funds 183,757 92,170 45,366 9,296 100.956 74.977 95.098 29,722 {191,8851 179,0881 {122,7121 114,812 92.828 88,OS9 17.752 24,206 UK trips Overseas trips Other activities 330,589 300,753 {408,4971 222.845 statement of funds - prjor year Balance al 1 September 2023 Balance at 31 AugLJsI 2024 Transfer5 inloul Income Expenditure Unrestrlcted funds General Funds 194,169 77,031 7.410 10,359 129,876 63,862 203,727 53.441 150,2881 148.7231 1165.7711 1144,5041 190,0001 183,757 92,170 45.366 9,296 UK trips Overseas trips Other adivities 90,000 288,969 450.906 1409,2861 330,589 Page 13
HOLMER GREEN SENIOR SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Sumfflary offunds Summary offunds- current year Balance at 1 September 2024 Balance at 31 August 202S Income Expenditure General funds 330,589 300,753 1408,4971 222,845 Summary offund$- prlor year Balance al 1 September 2023 Balance al 31 August 2024 Transfers inloLJt Income Expenditure General funds 288.969 450,906 1409,2861 330.589 13. Analysis of net assets between funds Analysls of net asset5 betr•oen funds - current year Unrestricted funds 2025 Total 2025 Current assets Creditors due within one year 292.049 169,2041 292,049 169.2041 Totsl 222.845 222,845 Analysls of net assets between funds prlor year Unreslricled funds 2024 Total funds 2024 Current assets Creditors due within one year 354,084 123,4951 354.084 123.4951 Total 330.589 330,589 Page 14
HOLMER GREEN SENIOR SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2026 14. Related party transactions Holmer Green Senior School, an academy. is a related party of the Trust. During the year. the Trust reimbLJrsed the academy for £67,70412024.. £49,970) ol expenditure incurrod on its behalf. During the year the Trust made a donations lolalling £123,431 12024.. £102,455) lo the academy In respect of laptops lo support sludenl classroom work and homework. Page 15