REGISTERED COMPANY NUMBEIL. 05212585 (England W*lo8)
REGISTERED CHARrr( NUMBER: 1106136
REpoKf OF THE TRUSTEES AND
FINANCIAL sfATEMEPUS
FOR THE YEAR ENDED 31 AUGUST 2025
FOR
HAMPSHIRE CHRISTIAN EDUCATION TRUST

HAMPSHIRE CHRISTtAN EDUCA710N TRUST
CONTENTS OF THE FENANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Report of th• Trustee8
1 to 6
Report of the Indep8nd•nt Auditors
7 to 10
Stat•mgnl of Fknanc]al Actlvhl•8
11
Balancg Sheot
12
Cash Flow Statemant
13
Notgs to the Cagh Flow Statsmont
14
Notes to the Flnanclal Statsn￿nts
15 to 27

HAMPSHIRE CHRISTIAN EDUCATION TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
The trustees who are afso dirBdorn of the tthaiiy for the purpLXS of thÉ Companle8 Act 2(M)6. present thelr report vllh
Ihe firwKial statements of the d￿rity kn the year ended 31 Auwst ￿25. Th8 trustees have adopted the provlslons ol
Accoun1ing and Reporting by Ct￿)I]es.. Statemeni of Re￿rnMended Practtce appli(*ble to (awrittes pr8parirKJ Ihdr
urts in accordance ￿1h the Fmanaal RepDthg Slandanl apFI￿at1¢ in the UK ￿ Republic of IrelaThl (FRS 1021
leffeGlwe 1 January 2019).
OBJECTIVES AND ACTivmES
Objethos and alms
A) Tr advancament of education on the basis of Chr￿lIan prinoples In the county of Hampshi￿ and elsewhere
indudlng (but not by way of limitation) ts provision of such 8ducabon in 8ny educational establlshment for the
g￿eral educakn of L*ildran ￿ alults on the ba&s of suth Chiisllan princlpl88 8s the trustees may from tsmg
to time thnk fiL'
B) The 8dvancement ot the Chr15ti8n falth in accr￿dance wth the doctrlnes set out in sthgdule to thp artides
and th8 worshtp of 13od in thg county of Hampshlre #nd aL8th¥here 88 the twst08s m8y from tim8 to time think
fft induding Ilxrt not by way of fimrlation) tha preathing and [￿KAaM9t10n of the Christian gospd and the
teathing of Christsn doctiine and principles other wch purposes whlch aro charitabb
accorfing to the law of England 8nd Wales and are ￿nn0¢t9￿ with the chadtable work ofthe tharlty.
C) The rtli8f of ppJson8 ar& Tn condltlons of hardshlp or distr￿ or who are aged cr sl(* in Ihe (¥yJnty of
Hampshire and elsewhere as tho twstees mayfrom Ilme to Ome think fft.
Slgnlfl¢ant a¢tlvltl•s
The Twst runs The lfjng's Schod whlch has a primary deparlment 8nd sonlor departrnenl hxated C￿ one sita. The
scho(A uJrTenty has 234 pupils. 72 at wmary and 162 at senior.
Publ1¢ benefit
The ]ang's School provtdes bonefii trj the publlc within Hampshlre by provldlng an excelent education based on
Chr15tian princ4pl88 fpr chlldren aged 4 to 16. Feas are Intended to be affordable for famili85 on average incomas arKt
are deThberately kept iEkh¥ the ncml r*a$ for simllar Independent schorA5. In addilion. 1he sdKX)l offers bursary
aS￿Sta￿e to f8mli8s on kFH InCx)￿ (to the value of £125k In the y8arending 31 August 20251.
Cthlld￿n are drawn frc4n families across the full range of Chri51ian d￿￿)inatIonS as wdl as a prowrtion from farnilies
th church conneciknng. There are no academkn sdection criteria arKI y￿￿ever FK)SSil￿e tho school wil
accx)mnNxlate puplES wllh leaming diffioJNies and phyEIc81 (li8abll5Ues. Theffj has been an Increa88 in educational
supportfor thli dron with addltion81 ne￿$ and improvements to th8 slta for dlsabled arLe
Thè tru8* ￿n￿rni Ihat they have ref¢￿ed to the guidaTrx CA)ntained In th8 Charfty comm￿l0￿.S general gutdance
on benefit when rewew￿g the alms and oblectlv85 and wi plann￿g f￿r0 athmles. The rof8r to
pu￿1¢ benefft IhToughout th15 rewL
Volunteers
Th8 sth0￿ has volurtsry hetp fmm p8renis aNI (th8rs In a WKle range ol acltvltle8. IndudlNJ govgrrThship, support wilh
6vents and the gener81 m8lnknanc* of faclllttes.
Page 1

HAMPSHIRE CHRISTIAN EDUCATION TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
ACHIEVEMEi¥fs AND PERFORIAANCE
Charltable acll¥ltl•s
In FeLvuary 2023, lfjng's SdK>oI undeTh¥eTrt tts first full In8p8cOon by the Indgpendent SchooE8 InsP8Ctorate (Islk
C£*TwrKglng Ixrth a F0¢X￿ed complian￿ and Educalional Qualty Inspecbm. The met air regulatory requirements.
wth ISI awar(firwJ a judgem*)t of Good for pupi18' achreyempnt. Induding arthic dev￿pm￿l. ond Excdlgnt for
pupi18' per8onl devewmenl.
Academic OLrtC0n￿ cLintinue to be strong. For the year ended 31 August 2025, 80% of pupth achlèvgd fve or rtYAe
standard pas5 grades at GCSE, including English and Mathemati￿. Addikonally, 35.6% of al grades awariled were at
Grades 7-9, a parkn'cukty impressive outcome glyen the natbona dedne in top grades and Ihe gthod's ￿n-SeleCtiVe
admissions wllcy. Thgsg resulls rgflect the schod's commitment to academic excellence and incjusive s4Jport atXOSS
a broad 8t411ty rarye.
Charftable Eng•ggment
Klng's School Is actNely hvow in charilable giving at both l(Kal and inlemational levels. The schod o)mmunlty
SLIj￿rts severd charilies through regU￿r fvndrel￿ng Inlllallve* PupiL8 Fday a c*ntral role in Ihese efforts. parfirypatsng
in events aThJ campalgns to Tgise Ajnds and awarene￿foStar1ng v8tues of composs]on. $ervlce, and global
chkarthip.
FINANCIAL REVIEW
Flnan¢tal Revlew
The tru8Vs income in th8 yw er¥Jing 31 A[￿USt 2025 was £1.88 mlllion in comparison to £1.76 mlMiDn the pr￿¢￿$
. Thè majotty of the Ineome was from school fees and extrdcurrlDJlBr 8cbviles. and the remainder was from
fundraisiryJ actiwtw, dOnat￿￿S and the gift ald daimed on these.
Tolzl eX￿ndthIe for thè yw er￿￿ng 31 August 2025 was £2013 mlllon. u)mparad with the £1.798 mRlion the Frey[￿J8
year. Thls resulted in a shortPall of £12S(.
The ma￿ty ￿ expendituro was on the costs of ¢haritable aclSvlllg8 whk* are divided belw88n:
The salts of all of our staff which amount to £1.151k a £46K Increa88 (over half of which was Nl aThl
P￿IOnS due to changes in levels and Ihresholds)
The dlrect costs of edUcat￿n affl¢Junted to £498K a £47k [r￿ase from the previous year (mainly due to
planned and urgent I￿lId ¥wrks).
The Ski trlp cost£51K- mD5t of th8 money for thls Mp was recaved in the samg year.
Suppclt costs {e.g. insurance. dganlng. geneT81 overh8adsl dwxeased to £324k (from £332k) desplte a £32k
increase In Business Ratss. Th8 savlNJs are fr(Yn reduced utility blls {inrJeawl gffidoncy of the stt8),
reduclion5 in 1TsUFf￿rt Costs and 8 refurKI of VAT du8 to the Cap5tal (>)ods scheme.
b)
d)
A number of Kay Perf￿IllanCe Indicalors are belng used to plan and improve Ilnanclal perfomiance. One of th￿￿ is the
railo of staff costs to net f88 income for vthich the target Is 6(k65QA. Thp ratio In the year ending August 2025 was 76%
Its Inc¥easa was dmost Vlhoily due to th& ￿creaSe in Emptoyers Na11onal Insurance corrtribubonsl.
t￿ring tho year Ihe advance fees balance de¢xèa3ed to£418k the dep08tis balanL* decr8ased to £184k
DepJ*ts havè de(xeased d￿t0 8 cTrHnge in Ihe Assistsd Pla￿9 potlcy.
Advance fee8 are not posthvdy sought from parents as the sch¢JoI d088 not w&h to b8 rdt8nl on Ihem. Historicalty.
Bome parents who have the money to pay in 8dv8nc8 8re tr*n abla lo have peace of mirKI that their chlld's fees are paid
for a defined porfod. To en￿e more par8nt8 to have stabNtty with Ihelr fges, the Trust has h)troduced nvJth-year
agr88mgnts which fjx the costs for a longerterm.
Page 2

HAMPSHIRE CHRISTIAN ED￿ATIc￿l TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
FINANCIAL REVIEW
Prlnclpal fvndlng sources
OpwalkThl costs m8t primarily fr(￿ 8chtrY faes whith 8ro set at an affonl8ile rate for the twget market. A(kllth)n81
furKlng ccth88 lyom d(l￿￿n8.
The caiital pr*cts are now fund8d from Lwh r&8eryes ￿lch aTB barknd by a bank mNtgage and adwan(% fee
payments.
Re8•Nfj$ poIIcy
The Trust has most of its TeseN8$ In thg b￿ldIngS (Lakesmere He￿s8 and the HC￿Q￿￿g0 bulldkng) b¥thlch ware vaued
t £2.1m in February 2020. A valuation is due by the offinancial year202&26.
It the 8im of th8 Trustees lo bu￿1 up reservgs to a level equ￿ to threè month's regular expgnditure (monthly
expendi￿re is curffjnty 8rtyJnd £165k}. Thi5 alm has mel thls year as Gurrent assets ￿￿S bath loan paymnts du¢
within one y8ararKI deposits stand at £626k (August 20251.
The 8th001 pEans to repla¢e the existing temFvrary buldings with 8 perMan￿t 3truL*LKe wthln next Iwo years. The
s¢hool has planning p8miission ar￿ a preferrefl build8r, is fundratsing and 15 In dB()JS51on5 rogarding finanL*. The
Tru51ees ￿11 reV￿W the policy in IwJht of prolect need¥.
FUTURE PLANS
Thg forJJs for the fLAure be ts fA)ntlnue to sMve for excellence in 8du(ztton81 p￿￿$10n and to martfet schcrfjl
effecbvely so that all 305 pla￿ are taken. Maxlmurn pupil numbers are 15 per year in R8cepUon. Years 1. 2 and 3," and
20 each in Years 44 ltsrytd primary 120 pupi15 - cuThenliy 721. In s￿50r we can have 35 per Yo￿ In Years 7-9 and 40 per
year in Years 10 & 11 (total Sen￿ 185 - CUTrenfly 11621. Longer tsmi aims indude a replacement of some temporary
bu￿dIr￿￿8 on the schod ¥lle whlth 18 exFeCto(I to incrgase primary rapadtyto 140.
STRUCTURE, GOVERNANCE AND MANAGEMEKr
Governlng d￿UMent
Tho arldes of associatton (or the members of the charfty to apFKxnt trustee5 ￿ to vary the numb8r of
tNsteas (wninimum of three). Any petson ap[￿nted as a trust08 must fully au2pt the doCtr1r￿ set oul wi lh8 artid8s of
Rgcrultmgnt and apWntment ol now IruBtOeS
Tha aTti¢Yes of awwation allows for the membars of the charity to app(Ynt new tri*tees aTrJ to vary the numbor of
Irusteas 1m1nlrr￿n of thre6). Any pe￿n 8ppointed as a trusteg rnust ffijlly ac¢ept the doclrfn8s set out in the aTtides ¢
Organisational slrncture
Govemance and management Df The Khg's Sthool Ss undertaken by the Senior Leadership Team and the Goveman
Board. The Leadership Team is resp￿&ble for day to day operath)ns. Their job is to deliver quallty Christian educ8tK
Ihln the ne¢essary ￿1 and regulatory requlreThnts. The Leadarship Team Is acrA)untable to the G0Veman￿ Board.
The Govemance Èoard comFXiSes both Trustees and Govemors and their responslbllity Ss supportlng and empowerir¥J
th8 Leadership Team to cary our re8ponsibiliNe8 effectivety.
Inductlon and tralnlng of newtYustse$
Indudot) and training of new trust￿ Is canied out by meeurys wSth other tntstees and key peopte. re￿¢W d key
doc#Jments and invdvem8nt In ￿ life of the school.
Pay and R¢muneratlon
Salary levels are set 8nrJualty. Key manageff￿nt person￿1 ar8 pald les5 than would ￿ expected wlthln the state soctor
at rdtes of b8tsve8n 70 -75% (sf Salaries bas¢d on DIE figures. The school has a desire to intrease salarfes 4there
p)ssibte such that all staff are p81d MO￿ in line with those in thè state systam. However, this wli I bè a gradual proGgSS
arKI not somethiro that can be athiev8d iJJrrenlJy. It is und8T rewow for 202&26.
Page 3

HAMPSHIRE CHRisllAN EDUCATION TRusr
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
STRUCTURE. GOVERNAP4CE AND taANAGEMEprr
der nolwork
Thè school is a membgr (rf th& IndeFthd¢nt Schcd8 Assodakn (ISAI It i¥ aso a memb8r of Ihg Chiisbon Sthods
Tnst (CST). Inde￿d￿rt Schoob Burnar A881thkn (ISBA) and As8ociakn br Fem1￿83 of Independent Schoolkng
{AFlSk
RIGk manag9mgnt
Th& trustggs have a duty to identlfy and rnwew the risks to ￿[ch the 18 exkX)sgd and to antsuTe arJFy0￿te
contrds 8re in to provlde rea>)nable assurants aganst fraud and error.
Thg main rlsks id¢ntiried by Ihe Trustees are spt out be￿￿. Thes9 arg not all new rlsks to the trust and have bBen
Sutxessfully mengged kn pravknus years by èxerci8ing cAre in budgeting WKI dgC45IrTrma￿TrJ.
The main rfsks at prowrt are cOnn￿t9￿ ￿th the 8xtamal econfAny.
1)
Pupll numbers have remalned relatlvely swc with the year ending s¥1th 234 puplls on ro18 (Septemtrw 20251.
Current pupll numbets aTe 244 IW 2026). Iwwowng marketlng continues to be a prfoty to draw new pup115
to tho Schc￿. The majorfty of naw pupils rJ)me from vhthin Ihe law church cx)mmunity and by word of
mouth.
The proportK)n of pupls r8qulrlng bursarf&s has reduced wlth Improv8d processes for awarding and r8vi8w]ng
bur88dès. However, thEs 5ti11 represents a risk to th8 s¢hoDI's income.
Extemal factors have increased the risk of eX￿tIng parents defaullfng on fee paymen￿ This risk has be
managed by continuing ta ensure that a member of staff is glven time to keep abreast with cJEdit control.
h¢)w&ver the engagement ofa Debt Management company may be r8qulred in a small number of case&
The d8tsriordUon of the primary accommodation rs a se￿￿j5 cause of ￿nceM. The schcw)l is adve
pursulng r￿a￿M￿t a0￿MMr*￿aIi0n to res0￿e Ihis.
Futur8 rise8 in interest payments on the tru3t'$ borr￿ng ar8 81so a potential rrsk.
Ail of the above gfve ris8 to a rtsk of ¢xsh Ilow problems. Attsngside PTudenl budgeting and regular monit(xtng.
we have the abrfity to Improve cash flow trmugh rnoviw parents to Direct Deb￿ plans and the adopllon of
mUlt￿year agreements.
2)
3)
41
61
REFERENCE AND ADMIMSTRATIVE DEfAILS
Registerod Company numbgr
05212585 (England and Wales)
R•glstwed Charlty number
1106136
Ragithr￿ ¢)fflc•
The Klng's Sthool Sonior
Lakesmore House
liThJlon Lano, Fair Oak
Easdeigh
Hampshlre
S050 7D8
Pag8 4

HAMPSHIRE CHRISTIAN EDUCATION TRUST
REPOFrr OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
S F KEnchin
S Froud
J Hatcher (appolnted 1 Septemb8r20241
C c￿ (resign￿ March 2025)
M PaFkgr {wgned 31 Augu* 2024)
C (reswed JunB 20251
A Scurr
Audltorn
MC Audit Umit8d
statutory A￿d￿OIS
Lake House
2 Port Way
Port So]ent
Hampshlre
P06 4TY
Bankers
Barclays Bank
Portsm(xrth City Branth
POBox6
Port8nJ)uth
Hampshire
P067DB
COMMENCEMENT OF ACTivmES
The charity whlch has been trddlng slnce 1995, vras incorporated as 8 Company Ilmli ed by guaraniee, in August 2004.
Dormant aompany 8coJunts wére prepared for the year to 31 August 2005 and the running of the s£*￿1 tranSFeTr￿1 to
nthy charita￿& company on 1 September 2005.
STATEmETr￿ OF TRUSTEEW RESPONSIBILrriES
Tha trustees (who are also Ihe d1￿clor8 of Hampshiro Christian Education Twst for th8 purposes of company law) are
responsiblo for PTepartng the Report of tho Trustees and the flnanaal statements in acclwdance with applicable law and
I￿rted Kin9Jom Ac(x)U￿ng Stsndards Iunltsd King(b)m Generally Accepled Ac¢ounUng Practice).
Company law requires the trustees to prepare finanrad statements for finanraal yEar. Under that k2w. the trust895
have deded to prapare tho finanaal statsments in accordance with United Klngdom GonerdNy Accwed Acoxsnting
Practkg (United Klngdom Accounllro Standards and applicablB18w).
Under cunpany law th8 trust895 must not approve the finanthl statements unless thèy are satisfied that g￿8 a
true and falr wew of the State of affairs of tho chaiitable cornpany and of the Incoming rèsources and appllcation (
resources, including Ihe income and expenditure. of the charilable (x)mpany that period. In prepamg those financ4al
5tatemenK Ihe tru5te8s are required trj
S￿￿t suAable accountlNJ Fdldes aml then appty them consL8tentty"
obs8rve Ihe m8thTrJs and wInci￿&S In tho Charilles SORP.
make jUdgerr￿ts and estlmatss that are reasonable and Fyudent
prepare the finanoal statemenls on the going ¢cH￿rn basis unle88 it is inapproprfate ta Presu￿ that th8 charilalAe
npany will corrttnue in buwness.
Page 5

HAMPSHIRE CHRISTIAN EDUCATION TRUST
REPORT OF TNE TRusfEES
FOR THE YEAR ENDED 31 AUGUST 2025
STATEMENT OF TRUSTEES. RESPONSIBILrriE8- conllnued
Th8 trustees are respDnBible for keffjing PmFer a¢Y￿UntIrtg records ￿lch rfu408e wilh reasonable aL￿racY al ary
time the financlal postbon of the chwtlabte (￿panY and to enat4e them to ensurn that the finandal statements Lzynply
wilh th8 CornpanM Act 2t*)6. They are akn reSp(ThIb￿ for safeguarding the a85ets of the charitabl8 Ix)mpany and
h9n￿ for t8J(ing r8a80nable steps forlhe prevfjntion and dete¢tKm of frnud and other lffegukrttie&
In so far as the trustees are aw8re:
the￿ is no relewdnt au(Jit infom*Utsn of ￿lch the charitthe compan￿5 audltot3 are unawara: and
the trust¢95 have tsken all 8teps that Ihey ought to have faken to make themselves aware of any relwant audlt
infomTrticm artd to Bstablsh that the auditor8 aware of that infomialon.
AUDITORS
Thg audltor8, MC AMdit Limited. will be proF4Jsod for re4FV)intment 81 the forthrxHnlry Annual Genaral Me8llng.
Approved by (Kder oflho boaTtI oftruth66 on 29 Aprfl 2026 8nd $igrth on its bthlf by.
- Trustee
Page 6

REPORT OF THE INDEPENDENT AUDrroRS TO THE MEMBERS OF
HAMPSHIRE CHRisrtAN EDUCATION TRUST
Oplnl
We have audibj the finanLxal statements of Hampshire C￿lstian EduCa￿an Trust (Ihe'chaiilabto Compan￿ fw Ihe
ended 31 August 2025 whtr** coryise Ihe Ststemenl of Finanuel AG4ivities. the Balan(* Sheec th8 Cash Fknw
statemenl 8nd notes to the finanud statem￿ts. including a summary of siqnificant accountru polides. The finanual
r8porbng framework that has be¢n applie(l in thair Preparation Is aptAicable faw and United Kingdom Aw)untlng
Standards (Unlted ￿ngdoM Generany A￿pted A(minling Practlce).
In our oF4nion the fin8ndal statements:
give a Inje and fatr vtew of the state of th8 charital￿e (y)Mpa￿S affairs as al 31 August 2025 and of 13 In(￿lI￿a
re50urca8 and appbcatll￿ of rtssourceg, Indudlng ils irK(The and extmdi￿re. forthe yearth8n ended;
have beèn properfy prepared in accordance Wbth United Kingdom Generally Accepted A¢￿￿1*Ing Pra(￿￿. and
have t¢en wwared In a(urdan￿ wrth the requIrem￿ts of the Companles A£t 2006.
BaBls foroplnlon
We ￿nduCted our audrf( in accordanc8 ￿th Internat￿nal Starxlards on Audltng (UK) {ISAs {UK)l and apkliL¥b18 18W.
Our respongibiliti8s undor those slandards are further In the ALrditors' responsibiltbe3 for the audli of the
finandal statements seraion of our le￿rL Wfr are independenl of the chaFitatile company Sn ￿￿rdance vAth the elhical
rwlulftrnw￿ that are Tdevant lo our audli of th8 firranLaal statements in Ihe UK, Indudlng thB FRCS Ethlcal Standarf,
a￿1 we havo fulfilled our other e1hl(*l responsit)ilitEs in accordance with these requirem8nts. We believe that the aLwJit
evidence we have obtshed is 5uffitient and appropriate to provide a basts for our opinhjn.
Concluslons rnlatlng to going concern
In audthng the finandal ststements. we have conduded that the trustees, use of the going concem bass of al￿￿n{Ing
In the prop9Tr￿on ofthe fln8ndal statements Is appropth.
Based on Ihe Wa￿ we have perform￿, we hav8 not Ide￿ed any material uncertalnties relating to events or conditions
that, irKlvhJua]ly or ￿llective￿, may c3st significant dou￿ on the charitable cornpanvs ability to contirnje as a 9)ing
concem for 8 ￿rftxd of at lea*lwth8 months from wh8n the finanaal statemerts ara authoris8d for issue.
Our respDnsibiliknes and the responsi1￿litIeS of th8 tn￿e8 th respect to going eoncern are descfibed in tha ￿levant
soctions of thls re[￿L
other Infomlatlon
The thJ8tees are responslble for the other infoFmatlon. The 0th8r Info￿atiOn comprises the Infomiation Induded in the
Anr¥Jal RewxL other than the ffinandal slAtsments and our Report ofth8 1ndependentAUdito￿ thereon.
Our opinion on the fin￿al statements does not cover the other infomiathn and, 8x* to the gxknt othe1￿8@
expfic41Jy ststed In our r8wt, we do not exprgs$ 8ny fomi of ossurarth conduS￿n thorw)n.
In connection wilh our audit of finandal ststements, our responsibdty Is to read the other Infomiatkn oThJ, In dolng
50, ¢onskler whether the ott*r information is materiatty Ino)nsv&tent vAth the financial statements or our kno￿adge
obtained in the audit ￿ otheMi8e appears to ba materially mlsstAled. If wo identify suth material Inconsist8ncies
apparwt matwial misstatements, we are requir8d to determine Ythether tNs gives rise to a rnaterial mlsststement in the
anthal statements themselves. ￿, based on the work we hav8 p8rforn￿d. w8 ￿ndude that thère is a malgrial
misstatement of thls other infomiatw. we are requ￿ad to reFK)rt thatfacl. W¢ havè nothing to report in this rega￿.
Oplnions on other matlors prescrfbod by the Companies Act 20D6
In our opinlon, based on Ihe work undertaken In the cours8 of the audlL"
the Inf(Kmation given In the Rewsl of the Trustèes the finanaal year frjr *fftich financial statements are
prepared Is crjnslstgnl tho finanual slat8ments,' and
the Report of the Truslees has been prepared In acurdanGe wllh applicoble lega] requirem8nts.
Paga 7

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
HAMPSHIRE CHRISTIAN EDUCATION TRUST
M•tler8 on *thlch wo aro required to ￿Part by oxceptton
In the luht oflhe and unde*nding of th& tharflat48 company and ils ￿rOr￿ent obtsined ￿ the oJuF5e of
audit. we have Mt Klentified matwwl mi8Statsmert8 In the Rewt ofthe Trustee&
Wa have n¢)trlrKJ to rwt kn 18speci of thg foitowlng matters vthero the CorYpani85 Act 2006 requlre3 us to repryt to
rf. In ourrptnton:
. adaquate actountr￿ recNds have not been kept or fetums • for our audit havè not bw ro¢vNed from
branchès not ￿¥lled by us," or
th8 flnan(i￿ statemerts are not In agreeM￿ttWilh the actourthu reo)rd$ and rthm& or
certaln dlsf*Jsures of trustees, remuneralion speafied by taw are not made: or
h8ve not rrfeNed all the inform8tion and exr4anaticKns requlre forouraudlt., or
the trustees W8re not entNled to lake advantage of the small companies frxgFnpt[￿ from the reqU1￿me￿ to prepare
Str8taglc Rawl or in prwrfng Ihe Report oflhe Tnjstees.
Rosponslbllllles of trustees
As 8xplained fully In the Ststement of Trustees, Responslbiliues, tha trustees (who are atso the dir&tots of the
¢haritatle ccwywary for the purposes of cxjmpany law) are responstbla for the praparation of the financid slatements
and belng satisfied that they give a true and falr view. and for such intsmal control as trustees deterynine L8
neceswy to enable the prepara￿￿ of finanud Statem￿ that ara free from material misstatemenL ￿elher due to
fraLMI or error.
In prgpariTrJ the financial statemorrts, Ihe trustees are re*V￿Ible for a88esslng thg tharitabie compan*8 ablltty to
continue as a goirwJ (onc£m. dtsdosing, as applI￿ble. Matte￿ relaw to goln9 ￿￿cern ar￿ vslng the going r￿coM
basis of aca)Ltnling unless the twslees either intend to liql￿date the charilabl8 conN)any LY to ceas8 operatio￿. or have
no reallstic allwnalive but to do so.
Page B

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
HAMPSHIRE CHRISTIAN EDUCAMON TRUST
Our wponslbllttle8 f¢r th• audit of th• flnanGlal statomonts
Our cbJeCtI￿ are to obtsln re8sonabl8 assurance at￿rt thethar the fjnanda slatements as a lvhob are free frc¥n
matgrW mlsstatemenL ￿ether due to fraud or etror. and to Issue a Re￿rt of th8 Indepe￿ent AudilrKs that indudes
our OF#niorn Reasonthe as8yranr* is a high 16vel of assurance. but is rM)t a guarantee an audrt conducted In
accordance wlth ISAS (UK) ￿￿1 *Mys detect a m*rial mi5StatThnt vth8n It axists. Misstatements arise frc
fraLKI or gffor and are ￿nSid￿￿1 maknal if. indrvtdually or In the aggregats, they cwld re3￿abty b& eXp￿d to
infiuen¢x the erxsrv)mic dedslons of uséts tsken on the basis of thes8finandal statements.
Tho exl8ntto which our procedurns ar8 ￿p£ble of detecling irregularfttes, induthng fraud ks d￿alled bekw.
From dig¢ussvJn wth management and those charged wtth govemance infom)ation about the enty is documentpAI Io
assw38 the athty I￿1h1n the organlsation. We discuss managemenf5 assessmgnl of rlsk In res1￿￿ of irylarlbes,
fraLKJ and going o)nI￿rn.
Based on dlsc#Jsskn¥ and our own ossessments we datsmined Ihat the key risk areas were ir￿rne reojgnthon
In respect of￿1 off issues an(1 manag8ment overthje (￿CeM[￿g fv slze ofthe organisati￿,
W8 $8t fin8nr4al statement materialty level based on the level of h)rJ)me. As a not for profit organisation rai51ng Inc(xne
its prlmary f(￿S whkh Is vthy income was to determin6 th8 kryvel of materiallty. Our overall assessment of risk
was u58d to detsmilne performance mat8rAlrty al an approwats levd.
&Jb5tanlkve audit tBBts were doskjned aftw ass6sslng and performing walkthrough tests. Tha w8lkthrough teoting
c0nfirn￿d documented systems which have been desi9n8d to act 8$ a prèyentative measure agalnst fraud and err
whlth appear to be operating as rt0￿Mented. Substantive t6sli￿ tested a samtAe of the populalion. repre8entatiV8 of
the powlalon, to identify eThors. ThetsS￿ng did rtot identify any rnalerial misstalements in areas tested.
Audit wjbstsnllvè tests 0)ncluded no matsrial error8 over the key risk ar&98 of h￿Qme recognibon and management
OV8nlde.
Th9 gudit o)nsKter¥ the organBation 18 not exposed to mtsial risk of error as a resulL of as8885iTrJ laws 8nd
regulations that are apFryriate to thp orgBnwbon.
Management a88e89ed tsre i6 no going CDnc8m risk. The audit undertook a review of budggts. manawnent ac4xur
and the r&Aaw of b)ard mlnules and Carr￿ to U)e same cwclusKJn as man8g8menL
A fiulher description of our rèsponsib1￿tieS for the aud￿ of the fin￿rda1 staternents is kxated on tha Flnandal Reportsng
C(yJnriVs website at www.froorg.uklauditOTsresponsibilitle& Thks description f(wms part of our Report of IhB
Intsp￿dent Audltor&
Page 9

REPORT OF THE INDEPEMDENT AUDITORS TO THE MEMBERS OF
HAIIPSHIRE CHRISTIAN EDUCATION TRUST
Usè of our r•port
This r8port Is r￿de sdely to the chwitthe ¢￿pan￿8 memb¢r5, as a boty. in fjccordan￿ wilh Chapter 3 of Part 16 of
the Comp8nles Act 2(%)6. Our aL)Jit ha5 been undertakén so that we might state to the d)8Tltab]e L•nJes
rneTnbgr8 those matter5 we ar8 rBquired to state to Ihem in an audltofs, report and no other purpose. To the fullest
extent pemitttad by law, we do r￿1 a(zept or assume responsSblllty to anyMe other than the c￿11￿&bIe D)mpary and the
charfiaup companys members as 8 tr*Jdy, for our audlt work, for this iewl ￿fOr the opinions we have ft>rmed.
Math SoLrthem BNHons) FCA {Senlor Statutory Aurfrttsr)
for and on behalf of MG Audit LTrnfted
stalutoryAudStor5
Lakg Hwse
2 Port Way
Port Sotenl
Hampshire
P06 4TY
Page 10

HAMPSHIRE CHRISTIAN EDUCATION TRUST
STATEMETrrf OF FINANCIAL ACTMTIES
NCORPORATING AN INCOME AND EXPENDfFURE ACCOUTrffj
FOR THE YEAR eNDED 31 AUGUST 2025
2025
Total
2024
Total
fvnds
Unr6strided
funds
))Jnds
INCOME AND ENDOWAENTS FROM
L)onAtk)rts and leg8des
64.206
B4.206
51.562
Advancemgnl of edu(aUon
1.808,283
1,808,283
1,611306
oth0rtrad￿ actMtte8
2225
12,949
12,949
11JO.256
1,887,863
1,887,863
1.765.932
EXPEIIDITURE ON
Ratsing fvnds
18,C￿0
16,000
24.582
Charltable actlvltle5
Advancement of education
1,997,051
1,997,051
1,774.335
2.013.051
2.013,051
1.798.917
NET INCOMEI(EXPENDmJREI
othgr reGogn1s9d galn¥lOosses)
GatrE (m revBJuation of fixed assets
(125.388)
(125.388)
(32,985)
462.444
462.444
Not m0ven￿t In funds
&37,
337,056
{32.985)
RECONCILIATION OF FUNDS
Totsi funds broughtfonvard
2.433,714
2.433,714
2h66.699
TOTAL FUND8 CARRIED FORWARD
2.770,770
2.770,770
2A33.714
The notes fomi part ofthese financièl ststements
P8ge 11

HAMPSHIRE CHRISTIAN EDUCATION TRUST (REGISTERED NUMBEFL. 05212585)
BALANCE SHEEr
31 AUGUST 2025
2025
Intanglbl& assets
14
15
500
2.764J27
2.409.793
2,764.827
2809.793
CURRENT ASSETS
Debtors
Cgsh at bank
16
236,915
1,190.474
974,224
1.097224
2.164.698
CREDITORS
Amounts falling dua within one year
17
783,275) (1,632.860)
NEf CURREpifASSETS
313.949
531,838
TOTAL ASSEfs LESS CURRENT LIABIUTIES
3,078,776
2.941.631
CREDThORS
Amounts falln9 after more than one year
18
{308,006)
(507.9171
NET ASSETS
2.770.770
2.433.714
FUNDS
Unrestri(thl fvntts
23
2.770.770
2.433,714
TOTAL FUNDS
2.770.770
2A33,714
These fmancAal statsments have be8n prepared In axordanca ￿ tha provtslons appThcabio to charilaile cLvnpanie8
suiyect to the small companies reglme.
The fin￿481 statèm8nls wer9 8ppThed by the Board of Trusteos and authorfsed issu• M 29 ￿XI[ 2026 and Mere
slgn8d on its behaf by:
- Trustee
The notes form part oflhese fnanaat stalements
Page 12

HAhlPSHIRE CHRISTIAN EDUCATION TRUST
CASH FLOW STATEMEKr
FOR THE YEAR ENDED 31 AUGUST 2025
2024
Cash generated from f￿8￿on8
Interest paid
Hnanc* costs paid
(100,2961
(34,316)
16.CK)O
{2.582)
12.1351
rash {￿sed inyprovpjgd by opwating acb
(118.612}
251.245
Cash flgws from Inv¢3Wng actlv51105
Purtha¥e of intanglble fixed assets
Purthose of langiEAe frKed assets
Interest received
Fknanco interest inco
(V25)
(7.627)
12,W3
{11.888)
6,059
94,197
NBt Lxsh prowded by investlro activities
4.697
88,368
chan￿ In cash and rnsh 4ulvalents In
the repDrtlng pgrfo
Ca8h and cash ¢quivalonts atth
bBglnnlng of the reportlng perlod
1113.915)
339.613
974,224
634,611
Cash and cash equlvalents at the •nd of
the r•portlng poriod
860.309
974,224
The notes fo￿ part of these fqw)dal statements
Page 13

HAMPSHIRE CHRISTIAN EDUCATION TRUST
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2025
RECONCIUATION OF EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTMllES
2025
21Y24
Not exPendIt￿ fprth? reportlng perfod {a* por the Staton￿ of
Flnanclal Actlvltles)
Adjustments for."
Dew8(aation tharoe8
Intere8t received
Intsresl pakj
Ftnanc8 ¢05ts
Amortisation Charges
Finance irtère51 incom8
Revaltsalion S￿r￿U$
D8crea8el(incre85el Sn debtors
11)effta8aylncrease in er&Jito
(125.388)
(32.985)
115.661
{12.949)
34,316
{16,(KK))
126
110.6￿j
{6.059)
12,135
(94.197)
1462,444}
953.559
(587.176)
(1,039.738)
1.313,574
Net cash (us9d Inyprovlded by ¢)perntions
(1(￿1,296)
265.962
ANALYSIS OF CHANGES IN NET FUNDS
Al 1.924
Cash Ifow
At 31.8.25
Net ush
Cash at bank
974,224
(113,915)
860.309
974,224
(113,915)
860,309
Dobt
Debts fauing due V￿￿n 1 ytar
Dobts falllng due 8fter 1 year
136,3761
<261,4281
{4.594J
37,170
(40,9701
(224,2581
{297,8041
32,576
{265,2281
676,420
(81,339)
595,081
The notesftwm part of these finanaal statements
Pagg 14

HAMPSHIRE CHRISTIAN EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
ACCOUNTING POUCIES
Basls of pr¥parlng the flnanGlal statements
The financial ststements of thè charitai4e (x)mpany. ￿lch is o publlc banefft enllty under FRS 102. have b8en
prepared In aCC4ydan￿ vAth the Chadties SORP (FRS 102) 'Aco)unting and RgPOrtiThJ by Ch￿11188.. Statement
of Recommen(led Practice appticable to dwrfbes pyeryary their a￿)unts kn acxordance wllh the Finanaal
R4)orUng StsrKlard applic8tle in the UK and Republlc ot Ireland (FRS 102) (effecJive 1 January 2019y. Fiwicial
Repcittng Standard 102 Tr Finan(yBI Re￿￿n9 Standard a￿1¢3b[¢ In the UK 8nd Repubfic of IrdaNI aTrJ the
CLxnpanks Act 2006. The flnancial statements have been prepared under th8 historiG81 cost convention. as
mDdified by the Tevaluabtin of certain 85set&
Golng concgrn
Th8 trustse direc*ors ￿nSIder that there aro no mattrial uncwts1nt￿$ r9garding Ihe charilable (x)mpanls ablity
to conlinue as a going concem.
InGome
l irK)Nne is recogn58a(l thè Statement of Flnandal Adlvilles onc& the charity h•s 8nttUement to th¢ fvnds, it
Is wobable that the trKomewm te receive(l and the amunt be maasured rdithy.
Expondiiura
Liabilities are reccwlsed as exp8ndiiur8 a8 800n as there is a legal or constructNe ￿￿19atIon commitbng the
tharity to that e￿ndIture. it Is wobable that a transfer of ewnomiG beneffts wll be requlred in setuement and
Ihe amount of Ihe obligation can be measured reliabiy. Eynditurè 15 accounted for on an acL¥uals basis and
has been classlfied under headings thot aggregate all cost rdatod ￿ the &*egory. Where costs cannot be
threctly attributed to parbGular headings they hav8 been all(Kated to activitles M a basis consSstent with the use
of rosourrRs.
Tangible Ilx•d ass•ts
DeP￿latIOn 18 providod at the followlng annu81 ratgs In order to wrlte off eath asset Over its 8sUmated useful
rrfe.
Frèehold p￿p￿ty
PLqnt and machinery
FSxbJr85 and fftungs
Cunputer aqulpn￿l
10% on cost and 2% C￿ cost
20% on cost
33% on w8t
Tanglble r￿d assets under cost modpl are stated at hlstorfcal ctht tess a(0Jm￿ated depreoation and any
acc4Jmulat8d IMpai￿n￿nt le￿9e8. Hlstorlc81 cost inthde8 expenditrjre that 15 dlrecdy 8ttfibut*le to LM1nging thg
assat to th8 l¢Thtion and ¢J)ndltlon n￿SSary ts It to be c8Patle of Opera￿ng In the manner intevKled by
manag8m8nL
A85ets are reMew&J for indirators ol Impalm￿nI at each dale. If an assefs cerying amount exceeds
s recovorthe amounL an impalrment k)s$18 reDJgnrAI in thè Statern￿t ol In￿¢..
I￿l￿dUal fixed assets c051ing £500 or more ar8 e2*lis&Y at c¥)sL wrih except1￿ of computer aquipment
vknlth kg capftalised rfthe Mdi￿duaL (>)st is £250 or m(Tr.
Taxation
The charity is exempt frcth tax on Its tharltable ￿1¥1￿￿￿.
Fund aGGountlng
Unrestrided furKls ran be used In ac￿￿1￿ with the dwrilat4e obie¢kn atthe di5(xetM ofthe trustees.
Rostiicled funds can orly be usgd for parlicul8r r8strfr*ed pwpK)8es wilhin the Ob￿ of the tharity. Restrit*on8
arfse when speofied by the donororsvhen funds are raisgj for partlojlar restriGted Pl￿88&
Page IS
¢J)ntknugd...

HAMPSHIRE CHRISTIAN EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMEKfs. contlnu•d
FOR THE YEAR ENDED 31 AUGUST 2025
ACCIXINTING POUCIES. contlnued
Fund a¢¢ountlng
Furthgr eX￿nakn ofthe r￿lUre purw8e ofeoch fund Is Included h fhg notss to the finanrjal 8tatements.
Rentals paid under operaung ￿a885 arg (*arged to the Stat￿ent of Flnaneial AclMts6s m a str*ht Ilne basls
Pe￿19n costs and other postrfetlrement bonef
The charitable cc*npany 0￿ratsS a deflned Wn1J￿ukn penslon scheme. Contllbution$ payablè to the
charitable c4mipan￿s ￿n$￿)n stheme aro L*arged io the Slatement of Financial Acbvitses in the period to whith
Ihey rnlat&
Flnancial Instrnments
Th8 charity On￿ enters into ba￿¢ financial inslruments transaclons that result In the reoy)gntbon of finand
assets and l￿bIlIbe9 lik8 tr8de and other accounts reG8iV8bl& and payable inve8trr￿nts In stocks and shares.
measurement basis U88d fwthe5e finartdal Instruments Is deta￿ed b81*)w.
Dobtors
Trade aNJ othar dBbtors are recognised at the sètuemgnt 8mount due after any trade discvunt offered.
Prepayments are valued Bl Iha wTrount prepald not of any trade dlsoounts due.
Cash •t bank & In hand
Cash at bank and In hand w￿{KIeS cash hald on depo8f( or in a current accounL
Crodltors and provlslons
Credmors and provisions are recognised where the d7aritalAe compary has a present obligation resulting from a
past event that wll PTob8trJy result in Ihe transfèr of funds to a third party and the amount due lo sew& the
obligatton can b8 measured or estimated reliauy. Creditors and provIs￿n5 are nO￿nalty reco3nised at their
settlement aTr￿￿t afteralovAro for any trade dis(xMJnts duè.
DONATIONS AND LEGACIES
2025
2024
Dona00￿8
51.W2
OTHER TRADING ACTIVfflES
2025
2024
Fundratslng events
Py16
ojntinued...

HAMPSHIRE CHRISTIAN EDUCATION TRV8T
NOTES TO THE FINANCIAL STATEME1￿S- conflnu•d
FOR THE YEAR ENDED 31 AUGUST 2025
INvEStmEP￿ INCOME
2025
2024
Depo￿t a(J￿int Irrterest
U￿ndIng the dlstxxmt on kn reoewod in advance
12,949
12.949
1(￿.256
Al Inveslment IrK£*ne L8 dwNed from Bssels held in the United KngJ¢All.
INCOME FROM CHARITABLE ACtivmE8
2025
2024
Sthool fees and burswiès
SC￿￿ trips and sales
Ront81 irKxJm8
SuThlry irKane
Advancement of eduCat￿n
Advancement of educalk>n
Advancement of educaknn
Athaneement of oduc*tion
1K4.164
111.434
4232
168.453
1.386,431
70.704
3.808
152,363
1.808,283
1.613.3(
RAISING FUNDS
Raisinu dortaNon8 and legacle8
2025
2024
F￿ance cosi
16.000
24,582
CHAR￿ABLE ACTivmES cosrs
Dlrect
Costs (see
note 8}
SLPPOrt
costs {saa
note 9)
Totals
ancement of educath
1.124,168
872.883
1,997.051
Page 17
continued...

HAMPSHIRE CHRISTIAN EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMEpifs- conllmi8d
FOR THE YEAR ENDED 31 AUGusf 21)25
DIREcf COSTS OF CHARrrABLE ACTMTIES
2025
2024
947.956
31.368
93,370
3.441
12.764
931,464
33,341
24.999
Trips, Carr￿ and events
Tralnlng
DBS and Ikenc
Fundrdising cctsts
6,802
18.325
1.124,188
1.(r23.876
SUPPORT COSTS
Govemanc•
Man&¥ment
Flnanca
Totals
Attvancément ofedu¢aknn
868,238
125
4,520
872,883
Supwt costs, indUd￿l In the aLx)ve, ar8 as fi￿laWs..
klanagement
2025
Advan¢em8nt
of
educalk)n
2024
Total
aetiviti8S
203.182
1.825
3,505
25,724
52.419
10.239
173,958
36,150
4.395
23.154
57,958
10,384
Hire of￿ant and machlnery
Rates and water
Insurance
Light and heat
nibus and car parf( expns8s
Legal and profes¥ional f
Repairs and maintenan
stationery, postag8 and pl￿ne
Sundry expenses
Donalions
Deprec4alion of tangibl8 assets
8ank interest
Unwnding th8 discount on fees ￿1Ved in
advance
li
10,844
328.756
33,874
47.971
47
115.536
1.843
21.960
198.944
34.152
71.751
110.651
32.473
868.238
746.069
Page 18
nued...

HAMPSHIRE CHRISTIAN EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMENTS. contlnuod
FOR THE YEAR ENDED 31 AUGUST a)25
SUPPORT COSTS. conthwed
2025
2024
Total
tiwib8S
ed￿lIon
ortisatbn of Inianglbl8fixed assets
125
2025
Advancemwlt
2024
odu￿10n
activ6tTes
Auditors, remuneration
4.520
4.390
Ill
NEf INCOMEI(EXPENDITURE)
Nat ￿￿ney[exp￿reI is st*d 8ftercharginty{¢xedRwl'.
2025
2024
AuditoTr' remunerdtion
Depredation- own8d a&%ets
Hire of plant and machlnery
Wetrth ar￿rti$ati
4.520
115.537
1.825
125
4.390
110,650
36.150
11.
TRUSTEES. REMUNERATION AND BENEFITS
Ther8 were no tsustees. renwjwrakn (Y other bo￿ for the year ended 31 August 2025 nor fvr the year
gnded 31 AugLtst 2024.
TTU8t••s' expens
During fha year no trustees (2024: nono) were r6lmbursed for out of pocket axpenses.
12. STAFF COSTS
2025
2024
Wages and salaries
So(ial security ￿$ts
Olher penskon o)sts
1.053,118
80,058
17,962
1.022,592
64,807
18.023
1.151,138
1,105,422
Paga19
n￿nued...

HAMPSHIRE CHRISTIAN EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMEpifs. contlnu•d
FOR THE YEAR ENDED 31 AUGusf 2025
12.
STAFF COSTS . ￿n￿n￿ed
The aNBtage numiwofemployees durir¥J the year wa5 as folhM'
2025
2024
Adv8n(wnent of EduGath?n
Support staff
61
No eMp￿Y￿ rece￿8d emolum¢nts In exces8 of£60,000.
K•y monagoment personnel
The kay m8n8gement pwsonnel of the tharitable company corryTM, the Hoad T8ach8r. the Deputy Head
T88cher, the Business Dovelopmenl Martager. the H￿1 of Options and the Hèad ol English. The total emplDye8
beneffts of the koy management Personnel of the charilable company werè £203,182 (2024.. £195,953). Thi8
does not indude remuneration for trus18es. 811 of which i8 reP)rt￿ as per rKJte 11.
13.
COMPARATIVES FOR THE STATEMEp¥f OF FINANCIAL ACnVITIES
funds
funds
funds
INCOME AND ENDOWMENTS FROM
Donaticffis and legaGies
51,562
51.562
Char5table actlvitlos
A(Iv8ncement of oducaflon
1,813,306
1.613.306
otherlTadlng activitles
Investm&nl InL￿e
808
100,256
100,2S6
Total
1.765,932
1.765,932
EXPENDITURE ON
Ralslng funds
24￿82
24,S82
Charftsble actlvltles
Advan￿ment ofedUcat￿n
1,774.335
1,774,335
Total
1.798.917
1.798.917
NET INCOMEIIEXPEt4DITURE)
(32.985)
(32,9851
RECONCILIATION OF FUNDS
Total fvnds brought fr)rwar
2.466.699
2.466.699
TOTAL FUNDS CARRIED FORYIARD
2,433.714
2.433,714
Page 20
contlnued...

HAMPSHIRE CHRISTIAN EDUCATIOM TRusr
NOTES TO THE FINANCIAL STATEMEpifs. ¢onlnuod
FOR THE YEAR ENDED 31 AUGUST 2025
INTANGIBLE FIXED ASSErs
At 1 September2024
AddltKffts
4,500
625
At 31 Awust 2025
5.125
AMORTISATION
At 1 September 2024
Ch8rye for year
4,$00
125
At 31 ALWJUBt 2025
NET BOOKVALUE
At 31 August 2025
At 31 August 2024
1&
TANGIBLE FIXED ASSErs
Imwovements
to
FreehrAd
p￿pety
Plant and
machinery
COST OR VALUATION
At 1 Septamb8r2024
dthons
Revaluations
2.142,333
450.482
6.038
24.195
287,667
AI 31 Auyu8t 2025
2,430,000
456.520
24,195
DEPRECIATION
At 1 Septsmber 2024
Charge for year
Revaluatr)n adJustsn*ts
131,930
42.847
(174,777)
77.786
45,652
21,786
2,429
Al 31 Awust 2025
123.438
24.195
NEf BOOK VALUE
At 31 August 2025
2,430.000
333,082
AI 31 ALWUSt 2024
2.010.403
372.696
2,429
Pago 21
continued...

HAMPSHIRE CHRISTIAN EDUCATION TRUST
P*)TES TO THE FINANCIAL STATEMENTS- ¢onllnu•d
FOR THE YEAR ENDED 31 AUGUST 21)25
1& TANGIBLE FIXED ASSETS- conunwd
Fixtures
and
fitlng8
Computsr
e(wipment
vehKJe3
TcrtaL8
COST OR VALUATION
At 1 Septemb8r2024
Idthons
ReVa￿atrOn5
109,160
642
14,7C
91,238
2.832,108
7.627
287,667
At 31 A￿￿$t 2025
109,802
14,700
92.185
3.127.4U2
DEPRECIATION
At 1 Septembgr 2
Ch8rgè fory8ar
Rèvaluation adjustments
94.237
16.565
14.700
81.
422,315
115,537
1174,777)
At 31 August 2025
109,802
14.700
90,940
363.075
NET BOOK VALUE
At 31 August 2025
1245
2.764,327
At 31 August 2024
9,342
2M09,793
Cost orvauall(m at 31 August 2025 is representgd by.
Improvements
Fr88hold
prup
Plant and
mathinery
pr￿ty
Valuation kn 2025
287,667
2.142,333
456,520
24,195
2.430,000
456.520
24,195
FLxiures
and
rrttings
veNcl8S
e4i￿p￿enl
Totsls
Valuatton In 2025
Cost
287,667
2,839.735
lo9,￿2
14.700
92,185
109,802
14.7LMJ
92,185
3,127.402
Cost orvaluat1￿ dfroeho]d property at 31 August 2025 Is representsd ty.
Valuation In 2010
Valuatlon In 2015
ValLfdtion in 2020
Addibons
ValLwtion in 2025
1,627,715
272285
42.333
287.667
Page 22
continued...

HAMPSHIRE CHRISTIAN EDUCATION TRU8T
NOTES TO THE FINANCIAL STATEMEPUS- ¢onUnued
FOR THE YEAR ENOED 31 AUGUST 2025
1& TANGIBLE FIXED A%SEfs. cortlnu8d
2.430,000
Tho T￿￿$ othertanglbl8 ￿ed assets ar6 lTrJuded *
Iffre8hrAd property had ￿t been ravalued itwoukl have been al the follo￿tyng h￿torkal
21Y24
2.049,402
2.049,402
Aggregatè deprecyation
949,973
8,985
Freehdd propety was revalued on an open market basis in 21Y25 by V811 Wlllams LLP.
DEBTORS: AMOUNTS FALLING DUE WtrHIN ONE YEAR
2025
2024
Trade debtors
other debtor5
Prep#ym8nts
160,502
23,516
52,897
1.143.605
21.176
25.693
236,915
1,190,474
In the prlor financial year, involces wer8 ralsed in June 2024 due to changes in VAT legislation affecting pfvate
schools. As a r￿Ul( trade debtors were higher in the prior ￿r.
17.
CREDrroRS: AlaOUNTS FALLING DUE WITHIN OME YEAR
2025
2024
Bank h)ans and overdrats (see not8 191
Fees in advance
Trade credAor8
Soraat Se￿n￿ar￿j other taxes
VAT
40.970
334,602
2,339
19,762
96,887
8,950
183.596
6,169
36.376
1,375.800
24.105
13.516
Dew3its
170.769
7.651
783,275
1,632.860
Fees in aval￿@ Tewesents 5th001 fees received in advanr* fr>r fijture aralamiG yea￿.
2025
2024
Bro￿btf(￿rd
Amount rdeased to incoming resources
knunt dgfoffwj In year
1.622.289
(1A38.1041
234.165
209,687
{43.699}
1A56,303
418,350
1.622.289
Page 23
ccmtinued...

HAMPSHIRE CHRISTIAN EDUCATII)N TRusr
NOTES TO THE FINANCIAL STATEMEKfs. wntlnued
FOR THE YEAR ENDED 31 AUGUST 2025
17.
CREDITORS." AMCXINTS FALLING DUE ONE YEAR- wntlnu¢d
Fees recelved in adwance arn lower bocau88 th8 S¢trf)ol raised rnoro Invc4c68 in JLTh 2024.
CREDITORS: AMOUNTS FALLING OUE AFTER MORE ThAN ONE YEAR
1&
2025
2024
Bank thns (see note 19)
Fees rn a
224,258
83,748
261.428
246.489
308.006
17.917
19.
LOANS
Am ￿atySts ofthe mthrity of k)an$ is g￿en bdow..
2025
2024
Amwnts fallTrng due wtthin on9 year on demth:
Bank loans
40.970
36.376
Amounts falling due between ￿ and fve years..
Bank108llS
116,451
113,W2
Amounts faiing due in more than fve years..
Repayabl& by in8talments.'
Bank kq
107.807
147,466
LEASING AGREEMENTS
Minimum1&188 paymTts under r￿)n￿a￿￿18b]e operating leases fall due a5 foltSWS."
2025
2024
thln one y￿r
Betsveen one and lfve years
15,161
46,654
9,414
61,815
9,414
Page 24
conlinued...

HAMPSHIRE CHRisfiAN EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMEwfs. ¢ontlnued
FOR THE YEAR ENDED 31 AUGUST 2025
21.
SECURED DEBTS
Thè s¢oJr¢d debts are kndUd￿ wAhln C¥edIt￿3.
2026
2024
Bar* Icon
265.228
297,804
The bank loan was secured by a charge over the freehohJ propety at Lakèsmere House, Allngton Lane.
Far Oak. Eathigh.
AMALYS18 OF NET ASSEfs BEfwEEN FUNDS
2025
Total
funds
2024
Tc+al
lunds
funds
FtrAed assets
2.764.827
1,097.224
(783,275)
{308.006)
2.764,827
1,097.224
(783,275)
(308.0061
2.4CB,7¥3
2.164.698
11,632,860)
(507,9171
Current liabililies
Long temi liabilths
2.770.770
2.770,770
2.433,714
MOVEMENT IN FUNDS
Net
At
31.8.25
Al 1.924
in funds
UnraBtrlcted funds
General fvnd
Revaluatlon reserve
IM Asslsted Pla
IM Bulldh¥J Fund
2.383.116
(138,5211
462.444
12.633
2.244.595
513,042
12.633
2.433.714
337,056
2,770,770
TOTAL FUNDS
2.433.714
337,056
2,770,770
Nel mov8m8nt in fijnds, Indudad in the above are as fdlow8:
Inwning
Re50ufL
Galns and
108
fund8
UnrBstrf¢ted funds
Generdl ￿rtd
Revaluaticffl reseNe
IM Assi8tsJ Piaces
IM Bu￿dIr¥j Fund
1.874,530
12,013.051)
1138,5211
462.444
12,633
500
12,633
500
1.887.663
(2.013,051)
462.444
337,056
TOTAL FUNDS
1,887,663
{2.013,051)
462.444
337,056
Page 25
c(￿tinued...

HAMPSHIRE CHRISTIAN EDUCATION TRUS[
MOTES TO THE FINANCIAL STATEMEpffs . contlnued
FOR THE YEAR ENDED 31 AUGUST 2025
MOVEMENT IN FUNOS- contlnwd
C¢*nparallves for nMw•mont In funds
Tr&nsfprs
At 1.9.23
In funds
31.824
Unrestrlcled funds
G9ngral fund
Revakmtion r05eNe
Entichmentfund
2,316580
132.985)
99.521
2,383.116
99.521
(99.5211
2,466,699
132,985)
2,433.714
TOTAL FUNDS
2.466.699
132,985)
2,433.714
Comparativ8 net movement in fv)￿s, Induded in the ¥tx)ve are a8 follows:
Ir￿ning
reswrces experKled kn funds
Unrostrlcted funds
G￿9￿￿1 furKI
1,765,932
(1.798.917)
(32S851
TOTAL FUNDS
1,765,932
{1,798.9171
(32.9851
Enrlchmont Fur<1
Thls fvnd ig a fund designa1&￿ ty the trust0& dlrectors to be a phy8lral acccwnt where fundralsing events and
trips could be accounted for to ensu￿ that all monles ralsed in tNs way (xjuld b6 spent on enFrdrKempnts
to schooi raknerthen kJ5t kn the day to day running of the schoc4.
IM Asslstsd Placos
ThTs ftjnd ra de￿gnated to supwt families vtho appty a redudkffl in Schod fees.
IM Bullding Fund
Thts fund is designated for a new prfmary da¥5r¢yJm block.
RwaluatlDn re8eryè
The reserve ra18tes to thg revaluation surplus ofthe fr8ehold propety whith ts revalued every 5 yèars.
Page 26
¢xnUnued...

HAMPSHIRE CHRISTIAN EOUCAnoN TRUST
NOTES TO THE FINANCIAL STATEMENTS- eontlnued
FOR THE YEAR ENDED 31 AUGusf 2025
Eh1PLOYEE BENEFff 08UGATIONS
The charttable company operats¥ a de￿d r4)rthibutlon stheme whkh 15 odmlrfthred Independenuy. Tr oj
to the clHrilablg company for thg year vrds £17,962 {2024: £18,201).Ther8 was £5.353 due to thg p￿￿￿3n
Jwn8 administrator atthe y¢ar end (2024.. £3.634).
RELATED PAKfY DISCLOSURES
Purchases of£nil12024: £22,092) have bB8n paid to a companywtho has a crynmcm direth* to
HampS￿re Christian EducAtion Thist
During the year 2 (2024: 3) trustses had a totsl of 412024.. 5} db17th￿ attendlng the schooL The total fees paid
relating to these sc*K>oI ￿aceS £26.74212024: £18,202
26.
ULTIMATE CONTROLUNG PART
The ¢h*ltabl8 company 18 not underthe control of￿1?tr￿ren￿ty (* ¢)ne Indmdual.
27.
LEGAL STATUS
Th& tharitatA6 compaw fs a l￿panY Ilmtted by guarantee aTrJ ha5 m share G7pital. The liabilty of each
m￿ber in the event of vlnding up t5 limited to £10,
Page 27