Company Reg1gtr•tlon No. 04956068 (England and Wales)
Chadty Roglsi•rod Nu. 1114995
HOMEFIELD COLLEQE UMITED
{A Company Umlt•d by Guar•nte•l
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025

HOMEFIELD COLLEGE LIMrrED
ILIMITED BY GUARANTEe)
CONTENTS
Legal and admlnl$traJve 5nlormotl¢n
Repart oltho Trust8es
Ind•pondent aud￿0￿$ report
Statement of financial actlvlues
12
881onc& shoot
13
Stat8mnt of cash flows
14
Notes to Ihg fin8nci81 ststgrnenls
15

HOMEFIELD COLLEGE LIMrreD
(LIMITED BY GUARANTEEI
LEGAL AND ADM1141STRATIVE INFORMATION
Directors & Trust8es.'
Ms N Beer
Mr A Clrfton
Mr S Davies
Dr J Hargi8
Ms E Hunt
Mr O Jackscm
Mr P Kh8ri8
Mr G Pad8ri
Mr P Smart
Mr S Spence
Mr J Ste81
(Appointed 5 FebnJ8ry 20251
(Appointed 27 Novembef 20241
IApFoint8d 5 February 20251
(Apwinted 5 February 20251
(Appolnled 5 FebnJary 20251
IAppoinled 27 November 20241
(Appointed 21 February 20251
IAppoint8d 27 November 20241
IR8slgnad 19 M3r¢h 20251
(Resigned 2 July 2Q25
Ms C Steven8
Ms A T￿BY￿r
Ms J Ward
Ms I Wilson
Ms J Parr
IR&slgned 27 November 20241
Senlor Managem•nt'.
M¥ T Fomi8n
Mr C Tullin
Pwlnclp811
Ivlce Principall
(Appointed 1 June 20251
(Head of Co￿Orate Services)
IH8ad of Quality & Stsnd8rds1
IAppolnt8d 1 June 20251
IR&Bigned 21 Novernbgr 20251
(Head of Funding & Cornpliancel
Ms S Dickle
MrT He￿9￿
Mr M Se8sSons
Registwed Offlce,.
217 Loughborough Road
Mountsorrel
Loughborough
LeiGester5hlra
LE12 7AR
Registered Company Nurnber.
04956068 (England and WaleBI
Regigtered Chorfty Numter..
1114995
Auditor..
The Rth￿ey￿ Partnqr5hlp Lld
Chamwood House
Harcourt Way
Meddi8n Bu$ine$s Part
L81CeSter
LE19 1WP
88nkers=
Natwesl Bank Pl¢
Market Place
Loughborough
Leicestershire
LE11 3EA
Sdlcitors..
Shake$p88re Martsneau
1 Colton SquaT8
Leicester
LE1 1QH
The coFnpany is a registered Chaflty limitsd by guarant88.

HOMEFIELD COLLEGE LIMITED
ILIMITED BY GUARANTEE}
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025
The TTU8teos, who arè also the directors ol Homefield College ￿mIled ft)r th8 purpJse5 of company law.
p￿sent their report and the audi18d financial statements for thÈ year end8d 31 July 2025. The trustees h8ve
adopted the provision8 of the Statemenl of Recomrnendo(J Pract￿8 ISORPI 'Accounting and Reportln9 by
Charrties. in preparing the annual report and finanrial statemènts of the charity.
The financial statements h8v8 been prepared tn accordance wlth the &ccountino pcAicies out in the notes
to the accounts and comply the charity's governing document, the Charitles Act 2011 and Accounting and
Reporting by Charities". Slaternent of Re¢c*FnmendEd Pr8¢1ice applicable to charilles Prepanng their accounts
n accord8nc8 Wlth th8 Financi81 R8porting Standard applicable in the UK and Republic of Ire18nd wbli8hed in
October 2019.
The Trostees have had ragard to Charity Cornn￿$s10￿,B guid8n¢o on pubmc bonaflt. The m155ton stat8rnenl
ror the Charlly Is to provide learning and I1￿n9 èKp8riences that empower the Hom8ffeld communlty to
rècognlse thelr potentl8185 activ8 CItIZ8ns.
BeneficS8ri88 of the Charlty are people aged 16+ who Ilve in the UK, and have complèx n•eds, including Ihoso
with Autistic Spectrum Condits'on$ and c(Mnmunicallon and learning difficuttie8. Plac88 ar8 ofler8d following a
detailod asse56rnenl 8nd induclion procedur8 d8signed to I￿en￿fy those Ihe College h8ve the maximum
P05rt1ve Smpacl on, durin9 their time attending tho College. The Co118Ge feceives fundlng which 15 based on
lh• oulcom8 of tha as6e68menl process. Funding 1$ received from the Departtnenl lor Educ8tion IOFEI 8ndlor
Local Authorit1￿.
Stru¢tur•, Gov•m•nco and Managom•nt
Wcvn•fi?Id Co1898 Limit•d 8 company lirnlted tsy guarantee. Each of the Trustoe8 Is also 8 member 8nd
aGree5 to contribut8 £10 In lh8 8v•ni of Iho Charliy being wound up. The CharSly Is govarned by Its
Memorandum and Artides ol As$o¢iatiThY daled 17 Docember 2003. as 8mended by sp8Ci81 resolution dated
12 June 2006. It is 8 registered Ch8rlty with th8 Charity Commlssion.
Th8 Principal r8POrts dlrectly lo tha Trust8e Board. There is an agreed d8CiSiOn4n8king schBme with delegated
Powers oullingd in rgspect of appointments and flnanclal matters to the Prfncipal lexecutlve th8 whole
org8nisationl.
The Charity has thirteen Trustees who meet 85 a Board 8t least fO￿r times a yeer. Each Trustee Is also a
mernber of at least on8 01 IhB followin9 subcommitt8es'. Teaching, L8arning & Assessment., and Finance and
Gener81 Purp03es. Each subcommittee meels at least three times a y9ar. Trustee5 are allocaled lo the
subcomrnittèe which can be51 utili88 their 5ki115 and knO￿edge. ASI Trustees com￿ete an inducty'on progromrne
and pa￿01pate In int8rn81 and 8Xtern81 IrBlning progr8mrnes which are spwfic to Tru8t88s. In adclitlon. Ih¥y
Can and do ioln staff on col￿ge training dBys.
Rl•k Manog•m•nt
ThE ColleGe m8inl8in5 a rlsk regisler. The reg15tèr Is routinely reviewgd and arnend8d to mltigate risk trj
Learners, Staff and the Company. SITaleglc planning 15 Still 8 risk ¢Jue to the uncertain 3nd ch8nging economlc
imate. The C(Aleg8 financès are managed well bul the level of extomal uncertainly makes longer term
planning difficutt. Relationship5 wilh the10I81 authorities are good and studellt nurnber5 continue to grow. It 18
r8cognised that th8 flnanci81 chall8nge5 Wthln local authorities May impact on the Colleg8's abS1ity lo grow its
incxjrne.
The Senior Managem8nl Te8m continue to seek io reduco the finana81 risk lo the organi$aLion by".
m8inlaining the rgputatlon of th8 College through the quality of its provlslon
actw inlglligencg gathering initiauves
lobbying offundlng bodies and
the applicAtion for extemal grant fundlng.

HOMEFIELD COLLEGE LIMITED
(LIMITED BY GUARANTEEI
REPORT OF THe TRUSTEES FOR THE YEAR ENDEO 31 JULY 2025 Iconlinuedl
Key managernent yr•gnn•l remunoratlon
All Trustees give their tim8 tr88￿.
Tha pay of the senlor 8tAff is reviewed annual￿ and nomially In￿a$0￿ ill accordance Wlh average eaminos
anij the level of responsibilty required. In v18w of the charitabl• natLK8 of the corr7pany th8 rernUn8ra￿o￿
benchrnark Is d8t8rmined through comparative wearch Into gimilar1ocal salarie5 and with the assistance of
S P8y 8nd benefits con8urt&nt.
OblDcts of th• Ch•rlty
The Charity'5 obJ8Ct5 are io advance the educotion and training and lo r811eve Ihe n88ds of individuals with
loaming difficutties. ￿mmunICation dlfflculb"es, epil¢p5y and slud8nls on Ihe autlstic spectrum In parucular but
not exclusively by the provision of a college.
Obl•dl¥e¥ and •divltl••
Th8 Colleg8 wa6 $81 up In 1987, became o regSs1or8d Charity in June 21)06 and oper8t88 In S118by,
Mounts0r￿￿. 8arr*)w upon Soar and Nunealon. The Cdlege provld89 hSgh qualty practlcal exp￿6￿¢08 lor
P80ple with learning dlfflcullle¥ tD develop thelr".
daity limng skS116,
skills to Iwe with oth•r p8opl& and
ski115 to ba mor8 active in the community
tran5farable and specific workjemployrnent skills
In 2024-25, the Colleoe provlded pr8cllc81 experleneos for benoflc18rfes as Set gul bolow..
175 8tudentB ware enrolled al the Co118g8 funded by the Education Ski115 Funding Agenw IESFAI and
th8ir local aulhorllies. which Is an Increase of 4.8% from 2023124.
12 dBy $8rvlc8s users fvnd•d by the local authorlty 6ndlor tholr own p8rsonal budgots.
The funding tho College ￿CeIVe8 15 wlated Thotjust to tho numberof people it caters lor but also Iho amount
ol ¢ndividua1158d support a person requires.
The programme lor 88¢h benefiGiary is Indivldualised to reflect person centred pl8nnirtg Jnd for DFE lundad
le8m8rs may consist of units, which are externalty accredlted.
Toenfjble the leamersto be more 8cUv• In the cornrnunity, thair programrnes are. where p0s￿tIe, dellveTrd
in community 5ettlngs and the premises ol olher provider5 of education and trèining. During Ihe y8W the
College eng¥9ed with T.E.C.K Imolor vehicle and englngeringl and Enstruct Tralnlng lenvlronm8ntal
constructs.c￿ and woodland) 85 partners to widen our vocBlional provlskJn for the sludents.
In 8ddltioTh, we Lyerale ihe'No Llmlts, pro9romm8 vAlh Msclntyre Care who kyovide indi¥Adu8115eil proJramrne8
sludenls wth very compl8x nagd6 In ord* that they may gccess the maSn colleg8 al a point during their
study programme.
The Col￿g8 has invested ￿me and money to dèvelop rea#$￿¢ work-based environments %%Ythin the general
communlty- Examples include".
Spectnjrn 51yle a training 5Blon for halr. beauty and gr￿ming.
Breward'5 Coffee Shop focusing on hospitalty and catèriryJ proylding work placement experiences for
our Students.

HOMEFIELD COLLEGE LIIAITED
(LIM￿ED BY GUARANTEE)
REPORY OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 1eontlnu￿I
A¢hieYements and perfomancg
The College was sublèei to B sts)rt inspeelion by ofsted In June 2024. wh8n In8pesiors ludged th& Co118g8 to
be good.
er811, th• Inspectors Staled that for learners al Homefield Co118ge - T8aching, support and therapy stsff,
Work ¢ogetrer successfulty to cr8ate a c¥lrn and producD"V8 ￿arnIng envlronment They know their students
an¢J their neods very well. As a result, 8ludents dernonstraie p)5Itive behavlours. and they va￿e the c8nng
and r88P8ciful etwironmenls that they leam in.
Areas for lrnprovgment are indudod In th8 quality irnprovornent plan..
Ensur8 that staff r8vlfjw and system8l*cBIIy B8t student t8rget8, 80 that fvtura targets ora claar and
students, progTe5S can be m¢Milor8d fulty.
Support teachèrs to cont8XtU8llse math8rn8ty'￿ Sn Ih8lr Sasslons approprfately 60 6tud8n¢s better
develop th8lr understanding of thlB subject.
EnBuf8 Ihatthe r8vised quallty and observatlon processes provlde cle8r araas d8valopmentBo that
Iho quallty of education conUnu*g to develop.
The Collage h88 8 hlghly ambltlous aDd exemplary Dukg of Edlnburgh Award progr8mm8. Work has been
uryyertaken with the reglonal Coqordinalor to en>ur* 8djualrnent5 50 Ihat s￿dentS con access tho scheme at
8ever81 different leve15. Thi5 has resulted In 18 ￿rtifiCateS of achi8V8rnent at Bronzo, 1 certificate of
achievement In silver, 15 Bronze Aw8rd8 and 6 SSlv8r awardi. W• are ￿CognIsed by DOE a$ an •x8rnplar
providèr within the SENO sector.
The Student Union, In its fourth year 9ain8d trac￿On wth students h9￿Trg 8n Impact on Iheir College Ilves.
Increased support Staff and students, well-being has bgen a particular focus to SUPPDrt all through Ihese
thBllenging times. Addltional well-belng opportuni1188 hav8 been imp1éffj8nt8d #nd monllorlna of workload8
io ensure ittat st 1$ managgable lor 811.
Fln4ncl•l re￿•W
At the balenco sheet dat8 the nel 888ets or the charity tol8lled £4,166.728 12024 £3,746,683). The total
incoming rosourc&s for the year wero £6,8U.80412024 £e.349,8931. The tDlal reSoUr￿S expended lor the
year were £6.424.75912024 - £6.008,6361 resutting In a net Surplus of £420.04512024 - £341,257). During
the ye8r therè w8s no requirement to state 8 106s on the imp8irrn8nl of fixed 8ssets £nll12024 £176,691)
r8sulbng In a net movem8nt in funds of E420,04512024- £164,566>.
Exptsnditure during the financlal year 2024-25 h85 been used lo..
lrnprov8 the Coll8g8 eStMt# to •n6ur• it megts the n8ods ol ils Bludents.
lrnprove $taff t8rm5 and conoitlons.
Contlnue the Investment in starr development to 8nsure contlnuation of a high￿ValIty Txovision.
lrnprDve Ihe quality of te8¢hing, Itsaming and assessment.
Advance the digi181 skills of staff 8nd Students.

HOMEFIELD COLLEGE LIMITED
(LIMITED BY GUARANTEE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 Icontlnu•dl
Future plans
The Trustees and the College m8nogement c￿tInUe to proactiv8ly amend pro￿$1¢￿ and the re¥ource5
raquired. both physical and human. The funding environrnenl is challenging bul th8 Colleg8 has the nec83sary
5ki115, experti8e and repL¢lab'on at all levels to carry fon*ard the College's missH)n in p8rtn8rship with Ils
gtskeholder5.
The C(A18ge wlll maintain present partnèrships ard will continu8 to bulld pr08Ctfvo partneT5hips %*ith local,
r•glonol and natlonol fvndlng bodles.
In 2025-26 the College plorns to.,
al Reduco th8 charty's independ8nce upon 8 single 5Durce of Income and exploro income diver$ifi¢atlon.
bl Contlnue to ctrdesign and delivar hlgh qUBllty innova￿v•, personallsed learning 8nd support
progrdrnmes.
l Expand opportunitio$ for autlstlc youry p•ople to 18am, work ond CDnnect through collabor8¢ion8 ￿th
other st8k8helder8.
dl Id8ntlfy 2 initi81 hub8 for CDmmunlty-baged c8ntr88.
el Contlnue to devglop and IrBln our skilled workforce in their expertlJ8 in supp¢yting young people.
The Trustees h8ve glven con8lder81ion to tho Charfly Commi68i¢)n's guidan￿ on publt benefit b¥hen
establishiryJ the 8ims 3nd activits'8s cf the Colkg8.
In¥•stm•nl powor* ind pollcy
There is no forrral investment pollcy as the College hokls no investments, howevgf th• Truste88 aim to mak
Money In the College bank aKounts earn as muGh Int•r85t 08 P088ibl8.
Fundrnl•lng pollcy
The ¢o118ge intends to comrnenc8 a programme of fund raising in 2025-26 vla ev8nl$ and gr8nt appllcalons.
R•J•p4•• pollcy
The Trustees have consldered ihe levol ol r8serves held by lh6 Charity. Following a risk a$se5sment linked to
Ihe development ol a polscy it ha8 b8en agreed th81 the College adopls 8 Teserve$ policy that free reserves
las defined bebwl should represent al leos145 ¢8sh days. The position 81 the dale of these accounts wa5 that
tree reserves lotalled £692.22712024.. £2.174,5831 which repr85ented 43 cash days12024".134 Cash day51 of
8Ctu816xp8ndltur8 In th8 ye8r. The hiqh level of plann8é tspilal expendllure in the year lo 31 July 2025 on lh8
purchase refurbishment of tyjildings fuffi& thè Cdlgge's alm to develop high quality, fit for purpose and
accessibie19arning environment$.
Free reserves are defln8d 85 totd unre8tricted lunds les5 the value ol unresfficted fixed assets. The Charty
has sg¢ a budget for the year to 31 July 2026 to reinstate the desir6d level of free reserves 10 8¢ least 45 Gash
days. The Trust88s consider tha current lev81 of reseryes suificienl to rnaintaln and develop its tharitable
activities.

HOMEFIELD COLLEGE UMITeD
ILIMITED BY GUARANTEEI
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 Icontlnuedl
Tru•t••s and Tru•tws' Int•r••ts
The TTUStees of Ihe Charity, all of whom have b8èn TnJst8es for the whc48 of tha pwbd. unless othenw50
indicated, are1Ssted below.'-
Ms N Beer
Mr A Clifton
Mr S Davie5
Dr J Hargis
Ms E Hunt
Mr D Jackson
Mr P Kharia
Mr G P8derl
M8 J Parr
Mr P Smart
Mr S Spance
Mr J Sl8el
IAppoSnted 5 FBbruary 20251
(Appointed 27 November 20241
14)polnt8d 5 February 20251
14)point8d 5 F8bruary 20251
(Appointed 5 February 20251
IResign¢d 27 November 20241
IAppoinled 27 Novernber 20241
IAppolnled 21 F8bruary 20251
IAppointeO 27 November 20241
(Resigned 19 M8rch 20251
(Resigned 2 July 20251
M8 C Stevens
M8 A Traynor
Ms J Ward
M8 I WIIBgn
No Trusts8 had any financlal Interest In conlracl8 wllh the Charfty du￿ng the ye8f.

HOMEFIELD COLLEGE LIMITED
(LIMITED BY GUARANTEEI
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 Icontlnu•dl
statsment of Trustees, r•¥pDn$lbllltles
The Tntstees Iwho are Blso Iha dlrectots of Ihe charitable company for the purpos￿ of c(Ynpany lawl are
r8sponsible l¢y preparing the report of the TnJslee8 and the financial staiemenls in accordance wth appllcable
law and Uniled Kingdom Aecounling stsndards (United Kingdorn Gen¢r8lly Accepted AccJJnling Practscel.
Company law r8qulr85 the Trust885 to Prepa￿ financial Statgments for each finanei81 yeor, whith give a Iru?
8nd fair view of the state ol affairs of the charitsble company 8nd or the inGornlno re¥ources 8nd applicaiion of
rgsoufC8S, incI￿l￿g Ihe incorne and expenditure. of thg ¢hadlable ¢ornp8ny for Ihal pgriod. In prep8rlng th?se
flnancial 51aternents, the Trustees a￿ requi￿d to.,
select suitable accountlro pollck89 and then app5y them con¥l8lenfjy'.
observ8 trb8 method5 and princip￿$ in Ihe Ch8ritSes SORP 2019 IFRS 1021,,
make juttgements and estlfflales that are r8a8onable and prudent.,
6tste whether applicatrA& UK Accounling St8nd8rd8 have b8&n folknved, $ubjoct to any mater181
dep8rtures disc1088d and explgine(J in tha flnanGl81 stat8m8nts',
prepare the financlal statements on the going concern basi8 unless it Is In•pproprlate to presume that the
ch8rltAbl8 company will conllnue In operation.
The Twslees are responsible for keepiw adequate aecounlhg records that dlsdose wl¢h Teason#ble accuracy
18ny time the fin8ncl81 poslllon of the charllabl8 company ancl enAblo th8rn 10 6n$ure that the financial
stal&ments cornpty wllh the Comp8n1es Act 2006. They are a150 responsible for safeguardlng the assets of the
ch8rit8blè company and hence for iaking roasonable sttps lor Ihe prevention and d•tection ol Iraud and other
IrMgul8rltl•s.
In 80 lor 88 the Tru8tO88 are awara..
there Is no relevant audll InI￿rnatIOn of which the charit8bl8 comp8ny'5 auditor 15 unawBro', 8nd
tho TN5t8e5 have taken all step5 that they ought to have taken to make themselves aware of any rdevant
audit Inlorm8tSon and to eslablish th81 the 8udltor is aware of that Informa￿On.
The Trust888 are r8spon8ib18 for the Maintenance 8nd Integrtty of the Gorporate and finBnci81 Inlormalon
inchjded on the charitable comp8ny'5 Website. Leglslation in the United Klngdom governlng the preparatson
and dlssemlnation of financlal statements rn8y differ frorr legi81ation In oth8r luri$dl¢tlonB.
Audltor•
A resolulon to re-8ppolnt Thg Rowleys Partnarship Ltd 85 audltorn wlll be proposod at th• Annual General
Meeting.
The report h8s been preparad In accordance w￿h the Stat8m•nt of R8eomm•ndod Praclice Aceounling and
Reporting by Charities and in accord8nce wlth the speclal prowslons of part 15 of Ihe Cornpanlés Act 2006
relating to sr0811 comp8ni8¥.
On behaK ofthe ￿ard
Julia Ward
Signed on 10.38.36 BST
Trust
Gianluca Paderi
d n,f910412026, 09.10.06 BST
217 Loughborough Road
Mount50fT81
Loughborough
Lelcest8r8hire
LE12 7AR
Trustee
Dote..
2910412026

HOMEFIELD COLLEGE LI￿￿ED
ILIMITEO BY GUARANTEEI
INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF HOMEFIELD COLLEGE ￿M￿ED
ljplnlon
W8 hav8 8udit8d th8 financial sta18m8nts of Hom8field Cd18g8 Lirnit8d Ilhe'ch8rltablè company'l for Ihe
year ended 31 July 2025 whith compris• th8 Statement of Finan￿81 Actfvities, the 881Bnce Sheet. the
Staternenl of Cash Flow5 and notes lo the ffnancSal statements. inGluding ￿gnIfiCant accounting poliae5. Th
nandal reporting frarnework that has been applied in thelr prep8ratSon is appllcable18w and United
ngdDm Accounting Standards. includlng Flnancl81 R8POrtino Stsndard 102 The Financlal Reporting
Stand8rd applicable in the UK and Republic of Ireland (United Kingdom General￿ Acc8p18d Accoundng
Pracbcel.
In OUT oplnlon the financlal st8tèrnants.'
glve 8 tru8 8nd falr vlew of the 8t8te of the charftable cornpany'8 affairs as at 31 July 2025, and ol fts
Incoming resources 8nd 8pplicalion ol resources, inthding ils income 8nd expendrture, for the year
then ended,.
have been properly pr•p8red in accordanee wlth Unlted Kingdom Gènerolty Accepted Aecounts'ng
Praclic8', and
have beon prgp8red In ac¢ord8nce wth the requirements of the Compani88 Act 20C6.
Ba¥1• lor oplnlon
We COnd￿ct8d OUT audit In accord8nce vAth Int8rn8tlonal Standards on Audlting IUKI IISAS IUKII and
applic?ble law. Our re5ponsibilltie5 under Ih05e 8landaid5 are further descrSbed In ihe Audllor's
rosponsibilities lor the audil of Ihe fin8ncial staternent5 Section ol our report. We are Independent of
charit8b18 company in accordanca wllh the ethical requif8rnent5 that are rglevant to oijr 8udli ol the flnanGial
Statements in the UK, including the FRC'S Ethical Standard, and we hav8 fU￿1118d our olhtr eth5cal
re8pon$ibilllie$ in 8c¢ordan¢e with these requirem8nls. We believe th8t the audit *vidence we have obtslned
18 sufiicient and appropriate to provltte a bas￿ for our opinion.
Conclu*l¢M* r•latlng to golng eone•m
In audllln9 th8 financial 8tatem8nls. we have condudsd that the trus18è8' use ot the golng concern ba81s of
accounting in the preparation ol the financial Blatements is approprlate.
Based on the work w8 have perforrned, we have not identified any material uncertaintle5 relating lo events or
condllions that, Individually or collecuvely, may casl slgnlficant doubt on the tharitable company'5 Bbilty to
continue 8s a going concern for a perfod ol at least h¥elve months from when the financial statements are
aulhori5ed lor issue.
Our responsibilit185 and th8 res￿nSIbIlI￿.8￿ of th8 trustees with resP8Ct to golng concom are d89cribed Irt the
relevant sections of this report.
Other Intormatlon
The other informatlon comprises the information included in the truslees annual report, oih8r Ihan
finan¢lal statements and our audilorfs repc*t thereon. The trustees are responsib￿ for the other inf(Kmalion
conta1ned within the annuol report. Qur opinion on the fin8n¢ial staternents does not cover the other
Information and, except lo Ihg extent otherwiso expli¢iUy ststed in our report, W8 do Tivl 8xpre6s any form of
assurance conclusion thereon. Our responsibility is to read the other Information and. ln doing so. consider
whether the other Inforrnation 15 materially inconsistent wth the financi3151aternent5 OT our knowledge
obtainèd in the course olthe audit or otherwise app8aTs to be maierialty misstated. If wo identy.fy such

HOMEFIELD COLLEGE LIMITEO
(LIMITED BY GUARANTEEI
INDEPENDENT AUDrroRS' REPORT TO THE MEMBERS OF HOMEFIELD COLLEGE LIM￿ED
l¢ontlnuedl
Other Inlomwtson Icontlnuedl
m8t6rial inconsi8tencies or ap*)arent mal8Tfal mi8statorn8nts, we are requlred to deterrnlne wheth8r this
IV8s rise lo z rn4terlal misstatement in the financi81 gtalpments thgm5efves. K, based on the work we have
perforrnad, w8 Conclude that there is a mat8rial misst8lernent of this other Information, w8 8re roquired lo
report that faGt.
W8 have nothlng to report In th58 r8g8rd.
Oplnlon• on other m•tt•rs pr••crI￿d by th• Cornpanl•• Ad 2006
In our opinion, ￿Se￿ on the work undertaken in th? coJr8• of the audiL.
the informatlon given In the trustees. report Ilncorporaling the direetors, report) for th8 ffnancial year
for whlch the financ￿1 staterrents are prepared Is conBl$tenl ￿th the fin8nclal &tatemenlS.' ond the
dlrectorg, report has begn prèparnd In aCLX)rdance ￿ty1h 8ppli¢at4e18gal requirernents.
Matt•r• w whlch wq ar• r•qulr•d to r•port by qx¢•ptlon
In the lisht of the kn¢Jwledge and undorstsnding ol Ihe charltab18 company and Its envlronm8nt obtained bn
the courBe of th• 8udlL we have not identiflod m81gri#1 m188tetem8nt$ In the dir8ciCK8' rowsrL
We have nothing lo report in respect of the followlng matter5 in r•lation to which the Componles Act 2006
raqulres us to report to you If, in our opinion..
adequate aceounllng record5 have not been kept. or rntUfn8 adequate for our audtt h4ve not been
receivgé from brBnch85 nol Visited by us.. or
th8 financial 8talernents are nol in agreement with the accounting records and retum9', or
certaln dlsd08ur8s ttf directors. rornuner8tion specified by law are not rnode., or
we have not recaived all the informalion and explanations we requlre for our audll., OT
thè trustees were not enlltled Its prepare the financlal 51atements in accordance wilh the Small
cornp8ni8s' regirne and take advanl8ge of the small compsnies, ex8rnPtlon8 In preparlng the
directors, report and from the r8quirem8nt to prgp8r? a strategic report.
Rupon•lbllltl•• of trust￿*
As exFlained mDre fvjlly in the trustees, responsibilitie5 5talern8nt set out ¢x pagg 7, the trustees (who arg
Iso the dire¢iors ol the charit8ble company for the purposes of cornpany lawl yre responsible for th&
preparation of the linancial 5tal8rnent5 lor boing satlsfied that Ih8y give a tru8 and fair view, and lor such
Intem81 ¢ontrol 8S th8 trustees de18rmin8 ngce5sary to enab18 the prep8r8tion of financlgl statements Ih8t
are free frcm material misst3tement, whether due lo traué or error.
In pr<)8rlng the financlal 8tatsmenb. fv trustees a￿ responsible for assessing Ihe charStable company,
ability 10 contsnve as a going concem. dl8closing, 8s Applkabl¥, rnalter$ related lo going concern and using
the going concern basis of a¢counlng unle$$ the trustees either intend to Ilouidat8 the charitable cornp3ny or
to cease operats'ons. or have no wllgtic altem8dve but to do 50.

HOMEFIELD COLLEGE LIM￿ED
(LIMITED BY GUARANTEEI
INOEPENDENT AUDITORS, REPORT TO THE MEMBERS OF HOMEFIELD COLLEGE LIMifEO
Icontlnuadl
Audltorf8 re8ponslbllltlas for tho audll of tho Ilnanclal *t￿eMents
Our oty'ectives are to oblain reasonable assurance about whetherthe financlal statements as a whole 8
fr08 from matari81 mlsstalement, whether due to fraud or error, and to ISSLJ8 an auditL¥'5 rewrt that includes
our opinion. Reasonable a55urance Is a hlgh level of a55urance. bul is not 8 guar8nte¢ th8t an audit
conducted in accordance wllh ISAS IUKI will ah¥3ys (Jetect a rraierlal m15Statèmenl when it 8XiSts.
Mis5ts1emenls can arlse Irom lTrud or etTof and are Considered material if. indlwdually ¢y in the aggreg81è,
Ihey could reasonably bo expected to influgnce the economic d8cisions ol user5 taken on the basi3 of those
financial ststement8.
Irregularities. induding fraud, ar8 Instances of non-compllance with Laws and regulations. Wè d8sign
procedures in I'ne wth our responsibilits'es, outlined above. to dètèet mAteri81 misstatements in r88pect of
irregularitie5. induding Iraud. Tho speclflc procedures for Ihis engag8rnenl and the extent to which these ar8
capable of detec￿ng irregularitN85, includlng fr8ud Is iJetall8d b8luw'.
W8 obtalned 8n understanding of logal and regubtory frarnbworks that are applicable to th8
company and determined that the rnost slgnificanl which 8re d1￿Cty Televani to spec￿lC assertions In
the financial slalern8nts are trose related lo th8 financial r8POrting framework$ IUK Generally
Accepted Acc￿ntIng Pryclice, the Comp8nie8 Act 200618nd the relèvant tax compllan¢8
regulalions in the luri5dlclion in which the cDfflp￿y operat8S'.
We enquir8d of man3g8mèni, whether ihoy were aware of any instances of non-cOTnpli￿DcB wllh
18w6 and regulations or whether they had any knowledge of actual. 5U5pected or elleged fraud.,
We assessed the susceptibilrty of the enlltvs financlal 3t8iemgnts to mAte￿al misstatement, including
how fT8ud might occur.,
Our t881ina considered unusu81 or unexperted loum91 entrtas on 8 88mple b881$',
We evaluated th8 assurnptions and judgern8nt5 US8d by management within signiticant accountlng
8slim8te8 and asseB8ing Ir Ih88e indicate 8vidonce ol m8nagem•nl bias.,
We tested slgnfflcanl transactlons, In partlcular Ihe 8w3luallon of the buslness rat10nale for any whlth
app83r unusual or outside the company's norrn&l course of busin85S',
We asses58d the appropdatene55 of the colleckn've competence and capabillii88 01 th8 8ngagement
le8rn by understanding Iht practleal 8x￿r1•Nee wilh audrt èngagements of 8 similar nature and
complexity, plus 8nsurlng the ¢8am had appropriate and re18vant training of the financial rep￿￿ng
frameworl< and the relevant tax compllanco TQ9vlallons speryfic to the ents"ty",
W8 reviewed th8 flnancial statemenis and lesled Iho dl$closur8s aaalnsl $UPPOrting docurnenlation,.
and
We cornmunKat8d relevant rn8tter5 to all rnemb8rs of the audil tèam lo ensure they understood the
ri8k8 specific to th8 entity and the audit procedur¢s planned to mitSg8te these.
8&¢ause of the inherent Ilmitations of an audit. there is 8 risk that we will not delecl all irregularities, including
those leading lo a rnalerial miystalement in the flngnclal $tslemenis or non-coThp1ianEe with regulation. This
risk increases (he rnore that COTnpliance wllh a law or rBgulatlon is ￿MOVed Irorn the event5 and transactions
refierted in the financi818tatements. as we will be less Ilkely to become aware of inBtenc85 of non-
compliance. The risk 15 a150 gr¥aler regarding irregularities occurring due to fraud rather than error, a5 fraud
involves inienllonal conc8almenl, forgery. crAlusion, orni88ion or misrepresent81ion.
A further d¥scription of our responsibilities is available on th8 Financial Reporbng Council's website at..
htty)s'.Ilbww.frc.org.uklauditorsr8sponsibilib8s. This d85cription forms part of our audltorfs repcrt.

HOMEFJELD GOLLEGE LIMITED
(LIMITED BY GUARANTEEI
INDÉPENDENT AUDITORS, REPORT TO THE MEM8ERS OF HOMEFIELD COLLEGE LIM￿ED
Icontlnu•dl
U•• ol our report
This r8POrt Is made so￿ty to the charitabk company's members, a5 a body, in accordanc8 wlth Chapier 3 of
Part 16 of the Companies Act 2006. Our audlt work ha5 been undertaken so that we might state to the
haritable o)mp8ny'5 m8rnb8r5 those matter8 wè are requwed io state to them in an 8udllor's report and for
no other purpose. To the fullest extent parrnittad bylaw. w8 do not accept or a5$ume wponsibility to
anyone other than the charilable company and the chothable ¢ornp8ny's rnernbers a6 a body. for our audlt
work, for thi8 r8POrt, or for oplnlons wo have fornied.
Paula Swann-Jones
signed on 2910412026, 14 52.40 BST
Mr• P 8w•nn-Jon•• FCA IS•nlor Sl•tutory Audltor) for •nd On b•hall ol..
Th• Rowl•ys P•rtn•r8hlp Llmlt•d
Statutory Audlt*X•
Chart•r•d Accountants
Charnwood Housa
H•rcourt Way
M•rldlan 8u*ln••• Park
L•lc•stor
LE19 1WP
D•te'.
291040026

HOMEFIELD COLLEGE LIM￿ED
IL5MITED BY GUARANTEEI
STATEMENT OF FINANCIAL ACTIv￿lES FOR THE YEAR ENDED 31 JULY 2025
Ilncorporatlng tho Incorno and Éxp•ndltur• accounll
Rgstated
Tothl
2024
Unrn•trI¢l￿ Rostrlct•d
Fund•
Fund•
Totsl
2025
Not•¥
In¢om• and •ndowment• from
Ch8rtt8ble a￿￿tl•S
Inv85tm8nl$
Other Income
6,679.634
30.188
134.982 6,814,616 6,306,555
30,188
42,738
600
Total Sneome •nd •niloYmL•nt•
6,709,822
134.982 6,844,804 8.349,893
Exp•ndttur• on
ChBrttablè octfvities
6,411,179
13,580 6.424.759 6.008.836
Tot•1 •xp•ndltur•
6,411,179
13,580 6,424759 8,￿8,£36
N•t Incom•ll•xp•ndlturnl
298,643
121,402
420,045
341,257
Losses on the Impairrnont ol fix0¢ 8SSOt8
Transfer belween funds
176,fj91
18
129,585 1129,5851
N•t mov•m•nl In fund•
428,228
18,1831 420,045
164,566
Totsl lunds brought lorw8rd
3.738,500
8.183 3.740,683 3,582,117
Total lund• ¢•rrl•d forw•rd
4,166.728
4,188,728 3,746,683
The statemani of finandal 8ctiviti•$ Iniludes 011 gains and108588 in lh• year. All income and expenditLW
derive from continuing activities.
Th8 not85 on pages 15 to 24 forrn part of these fin8nciAI statgmgnts.
12

HOMEFIELD COLLEGE LIMITED
(LIMITED BY GUARANTEEI
BALANCE StrIEeT
AS AT 31 JULY 2025
RBststed
2024
Not••
2025
Flx•d A$set*
Tangl￿e fixed assets
JA74,$01
1,563,917
Curr•nt ￿$•1•
Dablors
CAsh at bank and In hand
221,792
10 1.212,87S
153,ts13
2,489,625
1,434,087
2,842,668
Cr•dltors'. arnounts falllng due
within on8 year
11 1742,4401
{459,9021
N•t ¢urront a•Mts
692,227
2,182.766
Total 1o•J curr•nt IlabllStl•¥
4,106,728
3.746,683
N•t •M•t•
4,166,728
3,746.683
Fund•
Unresthcted fvnds
Restrided lunds
16
17
4.166,728
3.738,500
8,183
Total fund*
4186.728
3,746,683
These financial statements have t)een prepared in 8ccordance with the prov1s1r￿S applicabla to companles
subject to the 5m811 cornpanles regime.
Th8 flnanaal Btatern8rts W8re approvèd by the Board of TnJste88 on 18 March 2026 an(J werg 8vJned on its
behalf by..
Julia Ward
Gianluca Paderi
signed on 2910412026, 09 10 06 BST
G Pad•rl
Trustee
signed on 2810412026, 10.'38..36 BST
J Ward
Tru$le8
Company Reglstratlon No. 04956088
The notes on page$ 15 to 24 form part of these flnanclal statements.
13

HOMEFIELD COLLEGE LIMITED
(LIMITED BY GUARANTEEI
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JULY 2025
Reslated
2024
2025
Ca•h flow5 lrnm op•ratlng actlvlllas
Surplus lor tha flnancial year
Adjustment for..
Depreciation of tanglble asset8
Los$e$ on ImpaSment of fixed assets
Proflt on disposal of fix8d assets
Interest received
Ilncreasel in dgbtors
InGrease I IDecrea581 in credltors
420,045
164,566
132,314
106,040
176,691
16001
142,llBI
18,9671
1110,1781
130,188}
168.7491
282.538
N•t gener•t•d from optrrltloni
735,980
284,8f4
Cllsh Ilow8 from In￿511￿0 a¢tlvltl••
Purchase ol 13ngible asset$
Sale proceed6 fr¢wn $8le of fix•d 88s8t8
Interest received
12,042,898)
1405,Y91
600
42,738
30.188
N•t ea•h u•gd In Inv•Jtlnq actlvlll••
12.012.710)
1382,2111
N•t {d•cr•￿0)lIncrn1ts In ¢••h •nd c••h •qulvalent•
11,2717501
177,3971
C￿h and ¢••h •qulv•l•nts tht b•olnnlng of y•ar
2,489,625
2,567,022
C••h and ca•h •qul¥alont• at •nd of y•ar
1.212.875
2.489,625
The notes on pag•s 15 to 24 forrn part of these flnandal $tat&ments.
14

HOMEFIELD COLLEGE LIMtrED
(LIMITED BY GUARANTEEI
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 JULY 2025
l. Cofflpany St•tu$
The company wag registered as a Charlty on 29 June 2006. Its legal gntty 15 8 ¢omp8ny Ilmlted by
guarantee and does not have a share capital. Eadi rn9mb8r of lh8 company guarani8es lo undertake lo
contribute up to 8 rnaxlmum of £10 towards psym8nt of the debts and Ilabili118s of th8 company In the
8venl of lh8 Gompany being wound up whilst he OT she i¥ 8 Thèmb8r or wilhSn one year after he or she
ee8SQ$ to be a memb8r. Th8 charitabl8 company is incorporated In Ena18nd.
2. A¢¢ountlng poll¢l¢•
The following accounting polic2e8 have been 8ptyied ¢ons15tonUy in doallng wilh Items which ar8
considered rnalerial In r8I8tSon to the cornpany's finandal s18ternents.
Basls of pr•p•ra¢lon
The fin8ndal ststem8nts of the Charitab￿ company, which Is a public bgnefil ontity under FRS 102. h8V
been prepared in 8¢cord8nce wlth th8 Ch8rltles SORP IFRS 1021'Aecountlng ènd RepoflSng by Charille$.'
Slat8m8nt of ReGommended Practice appllcable to chartties prepadng their accounts in accord8nce with
the Fin¥nci81 Reporting St8ndard appllc&bb In the UK and Republie of Irel8nd IFRS 1021 leffeclive I
JanuDry 20191,, Financi81 Reportlng S18nd8rd 102 'The Financial RepcKiing Standard applicable in the Ul<
and Republlc of Ireland, and ihe Comp8ni88 Act 2006. rh• fln8n¢ial staiomenis hav? bo8n preparfrd
under lh8 historical cosl convention.
Th8 preparatlon ef fin8ncial Statemen￿ In compllanc• wlth FRS 102 requlr88 the u88 of certaln crfucal
accountiry oslimates. It also Tequir85 manBgement to exerdse jutlgemenl In applying the chBTltable
comp8ty's accounting pollcles (see note 31.
Fund aecountlng
Unrestrlcled funds are 98neral funds th81 am ova118bl8 lor u88 at Iha Trust888' discrauon In furtherance of
the charttable company's objects"ves. Designated lund5 are unr881r1c￿d funds earmark8d by the TN5tees
for a Bpecific purpose. Restricted funds ar8 those whieh are to be used In 8ccord8nce with specific
restrictions Imposed by th• donor or which hav8 been raised by the Colleg8 for sp8clfic purposas.
Golng ¢onc•rn
At the tim8 ol &pprovlng th• financlal $t8tem8nts. th6 TruBt8es have 8 reasonable •xpeclation Ihat the
charltab18 cornpany has adequate resources to contlnue in oper8ilonal exlst&n¢e for the forestealye
future. Thus the Trustees conts'nu8to adoptthe going concern b8s1s of8G¢ountlng IN preparlng the financial
staternents.
Incom• r•¢ognltlon
All incorne is Included In Statement of Financial Activities when the charhable company Is legally
entitled to the income and th8 arnouni can b8 quantified ￿th reasonable Èccur8cy. Grants. wh8re
8nlitlem8nt 15 not conditional on the dellvery of 8 specific p8rforrnan¢e by the ¢harttable cornpany, are
recognised when the charilablo company becomes unconditionally entitled lo the grant.
Glft• In klnd
gifts in kSnd hav8 been Induded ￿thin th? financi81 st8teThonts at a valuation as estimated by the
Trustees.
15

HOMEFIELD COLLEGE LIMITED
(LIMITED BY GUARANTEEI
NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl
FOR THE YEAR ENDED 31 JULY 2025
expendllure recognltbon
18xp8ndlture 18 aecountod for on an accruals bosls and ha6 been classi118d undor ￿ading8 Ihat
aggr8gat8 all costs related to that c8tegory. Expenditure 15 rBcogn15ed when there 18 a leg81 orcon5trUCtive
obllgatlon to make payments to third parties, il is probable that 5ett18m8nt will be requir8d and the arnount
oflhe oblig81ion can be measured reliabty. Where costs cannot be direcuy 8ttrfbuted to pathcular hoadings,
th8y have been allocated to acliviik5 on a basi5 EOn51slant with use of th8 resources.
Irrocover8bl& VAT Is ch8rged 898inst the c8togory of resoureo èxpended fer bthich rt was incurred.
Tanglble fix•d a•B•ta
Indlvidual fixed assets costing £1,000 or MO￿ ara capitalised and slated 8t cost 1855 depr8¢i81ion.
Deprecl8tlon is prO￿ded on 8 8tralght Ilne basls 50 as lo wr5t8 off ianglbl8 ffx8d a8seis over thalr 8stlTnaied
s?ful lives at the following annua rales..
Freehold property
Long leasehold property
lrnprovamenls 10 laasehold propertl
Flxtures. fittlngs and equipment
Motor v8hlcle8
2% a straight Ilne basi5
2% ￿ a Blr81ght Iln8 b8$Ls
Over the remaining terrn ol the le88•
20% on a straight line basis
25% on 8 stralght Ilna basis
Gains and 10890$ on dlsposals are determined by ￿mpe￿ng the proceed¥ wth the cary5ng amount and
ar• recOgnis￿ in tho Statement of Finartclal Acllvilie8.
Assels under construction pre held al cost 8nd not dgyeclaltsd untll the polnt al which they are av8118ble
for us?, 8t whlch polnl they 3r8 tr8n$f8rred to the relgvant rixed a55gt ¢ai8gory, and d8praeiation wlll
commence al that pThnt.
Impalnn•nt ol
At e8ch repcrtng d8t8 fixed 8SS818 are revlewed to detemilne whother there is 8ny indlcalion ihal thoge
B5sets have suffered an Imp8im)ent loss. If there is an indication of possibl8 impoirment, the recover8b18
arnount ol any affected asset Is esdmateé and compared with its carrying amounl. Ilestirnated recoverable
amount 18 k)w8r, th8 C8rying amount Is ￿d￿Ce￿ to its eslimate¢J recoverabLe amount. and an Impalrment
loss Is recognised immediately in the Statement of financial ar￿Villa9.
If an impalm)ent1055 Subsequently reverses, the carying arnount of Ihe assai is Increased to the revi8ed
estlmale of 5ts recoverable amOLsnt. bul nol In excess of amounlthat woulé have been detgTmingd had
no iTNpairrnent1055 been recognised for thè a55et In previous years. A rever581 of an ITnpairment1088 is
reoognl$ed Immediately In the 51aiemenl of flnan¢l81 a￿￿￿les.
Debtors and credltorn r•c•lvabl•lpayabl• wlthln on• year
Debtors and Greditors wlth no ststvd Interesl rate 8nd receivable and pay8bl8 withlrTr one year are r8cA)rd8d
al transactSon price. Any losse5 artslng from Impalment are recognised in the Statement of firbancial
activities.
ash and cash ￿￿1￿1•n
Cash is repr8S8nted by cash in hand and deposi15 with finan¢ial ifistitutions repayable wlhout Penaty
otice of not MO￿ than 24 hours. Gash equiva18nts are highly liquid investrnents that maturtr in no rnore
th8n three month5 or le55 from the date of acquisition and that are readily convertible to known amounts
of c#$h wilh Insigniflcant risk of change in value.

HOMEFIELD COLLEGE LIMITED
(LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS Icontlnu•dl
FOR THE YEAR ENDED 31 JULY 2025
Capltsl Grant•
Capital-based grants 8fe recognised In tha Statement of Flnancial ACtI￿tieS in line wilh the ¢ondition3 of
lh• grant.
Flnanclal Ingtrument
The ¢haritab18 cornpany onty has financi81 assets and flnBndal lia￿lItIes that qualify as b8sic financtal
Ir75trument8. Basic financial Instrurnent8 are initially recognised at transaction valug and Subsequently
measured at ¢heir settlemtsnl ¥￿u8 with th& 8xceptKJn ol bank loans which are sutsequeniiy m?asured at
th8 fArrylng value plu5 llccrued inteT8St less rep8ym?nt8. The financlng tharge to expenditura is at
nslant rate ￿lCulated u81ng the effedve int¢￿St method.
Pm¥lslon¥ lor Ilablltth•
ovlsions 8re madé whgrg an evenl h8S taken place Ihat gives tha charitable company 8 logal or
constructive oblS9ation thai probably rsquires 88tU8meNt by a tTan51er ol economic benefit, and a r8llabl8
95￿Mat￿ can be rnad8 ol the obligation.
Provi510ris are charged 85 an expense to th• Stalemant of Flnancial P05111on in the y88r that the Gh8ritabl•
omp8ny baeomes aware of tho obllgation and are measured at tha bast 8sJmale at the Balancè Sheet
dalo of th¢ expendllur8 required lo settlg the obllgallon. taklng Into account th8 Tel￿￿nt rfskg gnd
unc8rt81ntles.
When paym•n18 are wenlually made, thay 8r8 charg8d to the provlslon carrfed In the B8lan¢• Sheet.
R•tlr•m•nl b•n•flt•
The charitablg cofflp8ny oper8tes defined contdbution penslon schemes on beh81f of It¥ Staff.
ontrIbU￿On5 ar8 charged lo Iha Statament of finanaal 8C￿￿tIO8 as they bacome payable In accordAnc8
wlth the rul&s of Ihe schemes.
Operatlng L•84
P8yment8 mode under op8r8tlng18asas are ¢h8rgod to the FKoflt and1088 account In the perfod in whlch
Ihey are incurred.
Int•re*t Sncome
Int¢rest income ￿$ recognlsed In the Statement of Financlal Actiwtie5 using thg •ffectNe interest method.
Flnanc• cosis
FlnBn¢e costs are chargBd lo the Sl8tement trf Fin8nclal Activrtle5 OV8r the term of Ih8 debt uslng Ih?
Eff￿tiVe interest method so that the amount charged is ai a constant rale on the carrying amount.
17

HOMEFIELD COLLEGE LIMITED
(LIM￿ED BY GUARANTEEI
NOTES TO THE FINANCIAL STATEMENTS Icontinuédl
FOR THE YEAR ENDED 31 JULY 2025
3. Judgements In applylng accountlng poll¢l•s and key •our¢es d ••tim•tion uneertalnty
Many of the amounts included in the flnanclal stalernents involved the use ofiudgernent and1ore5tsmaty"￿.
These ludg8ments and tsslSmates are based on managem8nt's best knowledge of the rel8v8nt facts and
circumstance5, having regard.to prior experSenc8 but actual results ffl8y differ from the amounts includ8d
In the financial st8tem8nls. The key ar8as in the Ilnanual Statements where these judgements and
aceounting estimateB hav8 been &urnmaTi8ed b81ow'.
Depreclalon raw Dre bps•d on egtlmates of tha useful lth and roBldual v8lu89 of th• assets
Involved.
Carying volug offreehold propety.
Daf8rr8d Incom8.
N•t Incom• I l•xp•ndltur•l
The net Inccfflè I loxpendlturel 55 slated after charyifig..
202S
2024
0epreciatr.on of fixed 8s8e18
Fe8s payable to IhB Charity's audltor for the audlt of lh8 Charity's annual
financial statements
Profit on th'sposal of flxad as8ets
1132,3141 1106,0401
116.8001
115,6001
600
5. In¢om•
Incorn• from ch•rrtablo a¢¢lvltl••
Rogtakn1
2024
2025
LA Student faes
DFE siudenl contrIbu￿on$
Calerlng
Other incom8
Grant incom8
4.459,697
2,183,412
28,158
8.367
134,982
4.250,651
1.919,683
28,183
1,760
106,278
.814,616
6,306.555
Of total incom8 from charflabl8 activlti8s £8,679,63412024.. £6,200,277) was unrestricted and £134,982
12024.. £106,278) was ￿$trICted.
b. Inveslm•nt In¢om¢
I Investmenl Income &rfses frorn mon8y h8ld in Interes1 b88rlng deposrt accounts.
01 total income trom Inv89tmerns £30.18812024.. e42,7381 wa6 ￿n￿strIcted and £Nil12024'. £NIII was
re5¢ricled.
c. Other In¢ome
2025
2024
Profit on disposal of flxed assets
600

HOMEFIELD COLLEGE LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 JULY 2025
Exp•nditur8 on charitable activltle8
Staff
GO8ts
Other
costs
D•pr•clatlon
Total
2025
Total
2024
Education and training
Premises
Insurances
Bank charges and interest
Coffeeshop costs
Other administratlon costs
Governance
3,684,350 1,567,030
385.114
53,617
2,718
12,605
552,649
16,993
94,704 5,346.084
37.610
422.724
53,617
2,716
29,976
S52.849
16,993
5.000,477
410,236
45,212
3,437
41.351
491,985
15,938
17.371
Total •xpond5turo
3,701.721 2.590,724
132,314 6,424.759
6,008.636
Of total expendSlure on charitable a¢tlvilies £6,411,17912024', £5,981,642) was unrestricted and £13,580
12024.. £26,994) was restricted.
7. Staff numbers and costs
The average number of persons Ilncluding part time employeesl employed by the charitable company
during the year, was 14812024.. 1381.
The 8ggregale payroll costs of these person5 were as follows-.
2025
2024
Wages and salaries
Social security costs
Pension costs
Termination payments
3,284,357
312,243
99,121
6,000
3,220,480
281.347
86.313
5,200
3,701,721
3,593,340
The number of higher paid employees was..
No.
No.
£60,001 - £70.000
£80,001- £90.000
Defined contribution penslon contrlbulions in the sum of £14,139 {2024-. £8,398> were made in respect of
the higher paid employees.
None of the Trustees lor any p8rsons connected to them) received any remuneration or benefits from the
charitsble company during the year, or the previous year. One of the Tnjslees 12024.. nil) received £108
reimbursed expenses during the year from the charitable company12024'. nil).
The non-Truslee key management per50r¢nel comprise the members of the senior management team,
detailed in the Trustees, Report on page 1, who collectively manage the college and ils operations on a
day-to-day basis. The lolal 8mployee benefits received by the key management personnel during the
year was £275,15012024'. £327,200).
19

HOMEFIELD COLLEGE LIM￿E0
IUMITED BY GUARANTEEI
NOTES TO THE FINANCIAL STATEMENTS l¢ontlnuedl
FOR THE YEAR ENDED 31 JULY 2025
ranglbl• ffiX￿ assets
Long
L•a•qhold
Flxturn*,
L•as•huld
Pmporty Flttlng• &
Proporty lfflprovam•nts Equlpment
Frnehold
Unthr
Property ConStr￿CtIon
Motor
V•hl¢laB
Total
At beginning
of year
Addili#n$
TranJfeF5
At oTrJ ef
yoar
1,254,000
225.634
214,130
90.724
396,7
223,762 2,405,140
1.820,920
53.848
168,130
2.042.898
3.300.554
214,230
90.724
584,920
223,762 4,448,038
D•pr•clallon
At beginnlng
ofyoar
Chargo fDr
the y8ar
Al end of
year
326,021
77,529
80.237
195,693
161,743
841,223
31,641
4.140
1.834
75,826
18,873
132,314
357,662
81,669
82.071
271,519
180,618
973,537
14•t book
v•lu•
At 31 Juty
2025
2,942,892
53.848
152.561
8,653
01
4&146 J.474S01
At31Ju
2024
927.979
225.634
136,701
10.487
201.097
62,019 1,583.917
9. D•blorn
2025
2024
Trad8 debtors
other debloi$
Propaymonls and accrued Incomg
58.605
1e.669
11,868
12,401
151,519 129,973
221,792 153,043
Trade debtors are stated #fter a bod debt provi$lon of £5.90012024." £5,900}.
20

HOMEFIELD COLLEGE LIMITED
ILIMITEO 8Y GUARANTEEI
NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl
FOR THE YEAR ENDED 31 JULY 202S
10. Cash and ￿8h •qulval•nts
2025
2024
Cash at bank and In han
1.212.875 2.489,625
Restated
2024
11. Cr•dltor8: •rnounts lalllng du• wlthln on• y•aw
2025
Trad¢ creditors
Taxation and soclal 89curlty
Other creditora
Accru81s
Deferred income
384,115 157,416
73,188
56,325
20.481
15,851
132,180 124,228
152,478 10fj.282
742A40 459,902
Def8rrod iDcome represents kncorn• rec8ivad in advance for 50clal care servlces provliJ8d by th8
Colbgg In the next financi81 year #né dlscretionary support funds as detailed in note 20.
12. Flnanclal In•trum•nt•
2025
2024
Flnancl¥l a&￿ts me88ured 818mortlBeO cost
1A34,e67 2,642,668
Financlal118blllt106 m8asur8d at arnorts'58d cost
742,440
459,902
Flnancial assets rneasured 8t amortiS8d cost Compr￿tt trade debtors, prepaymants and accrued income
antj cash 8¢ bank and In hand.
Flnanci81 Ilabiliilas rneasured at anw)rtlsed cost compri89 bank loans, trade creditors, accrua15. deferred
incorne Bnd other credltorn.
13. Pen•lon ¢￿ts
The company operates Oeffined contribution pension 5themes. Contributions are chaTged lo $iatement
of financial aGtivrtl8s as they bocoma payable in aocordance wlth ihe ru18s ol the schernes. Total
cx)ntrlbutlons paid f￿ th8 year ended 31 July 2025 were £99.121 12024.. £86.3131.
21

OMEFIELD COLLEGE LIMITED
(LIMITED 8Y GUARANTEE)
NOTes TO THE FINANCIAL STATEMENTS Icontlnu•d}
FOR THE YEAR ENDED 31 JULY 2025
14. Flnanclal commknients
As at 31 Juty 2025, the ccfflpany had fjutu￿ commitments undèr non<#neellable operating 18as8s as
2025
2024
Expiry dale.,
Due within cm year
Due one and two y88r8
Outs hvo lo five years
Due over flve year8
101,005
77.799
22.153
105.422
132.019
26,284
9,649
200.957
273,374
15. Capltal Gommltmonts
As a¢ 31 July 2025. the Company h8d future capllal cornmltmen18 88 fdlow8,'
2025
2024
Propety- calé refurbl8hrn¢nt.
Property- refur￿$hM8nt of 109 Swan Str88t
Property- Therapy cabin
Furnishlngs- furnitrjre
8.625
34,854
18.718
8.941
1,217.609
18.718
71,138
1,236,327
16. Unr•strlct•d fvnd•
Atl
Au9U•t 2024
In¢om•
Expendltur•
At31
Juty 2025
G8n8ral
funds
Flxed asset8
Free
r•58rv#s
1,563,917
1132,3141
2.042.898 3,474.501
2,174,583
8.709,822
6 278.865
1.913 313
3.738,500
8.709,822
6411.179
129585 4166728
Comporntfv• unrBstrl¢t•d fvnd•
At1
August 2023
In¢om• Exp•ndlture
Transfgrs
ImpalTrn•nt
At31
Juty 2024
General
Funds
Fixecl Assets
Free
Reserv
1,441.099
1,955.157
1106.0401
15,875,602)
405,549
1148,5871
1176,6911
1,563.917
2,174,583
6.243,615
3 396,256
6.243615
5.981.642
22
256 962
176.691
3 738 500

HOMEFIELD COLLEGE LIM￿ED
ILlhllTED BY GUARANTÉEI
NOTES TO THE FINANCIAL STATEMENTS l¢ontlnuedl
FOR THE YEAR ENDED 31 JULY 2025
17. RBstrlct•d Funds
At1
August 2024
Incom•
Exp•ndltur•
Transl•r
At31
Juty 2025
Capital
gr8nts
Comwrthtlv• mlrlctod fvnds
At1
Augu•t 2023
Incorn• Expendltur•
Tr•n•ler*
At31
Jtsty 2024
Capllal
qr8nts
18. Tr•n•f•r b•tw••n fvnd•
During the year £129,585 w85 tran9ferred kn rest￿cted lund8 19 unregtrictad funds which repr88ents
a888ts acqulred for general us• and not ror a restriGted purpose.
19. R•1•t￿ p•rty trnn••¢tl•n•
The coll8g& has a¢credllallon wlth Nallonal Autistic SoLyely. of which Mr5 C Stevens Itrusteel is
Chief Execuilve. Durlng the yo8r. ac¢r•dltallon f8•s of £nil12024.. £2,471) ware pald ta The Nail￿97
Autlsiic Soc18ty.
20. Afflounts dl*bur¥•d ￿ ag•nt
Ol•cretlon•ry Support Fund•
2025
2024
At beginnlng of year
Amounts rec8iv8d
Amounts disbursed
Amounts Telurned
55,795
37,132
59,566
59,640
125,8891 129.2671
At end of wr
89,472
55,795
01scretion8ry Support Funds Are avail814e solely to students, ¥thero the Colkge Is 8dng as paying
ag&nt. In these circurn51anc85, the support fund8 and related disbLsfs8rn8nts are exdud8d from the
statemenl of Financial Acb"vitses. The amounts unspent are included in crediiors at the year end.
21. Prlor perlod •dluslm•nt
During Ihe yeer, 11 w85 Klentifi8d Ihai capital granis received in the financial years 2021 10 2024 wefe
Incorrectly dèfèrred within creditors Ideferred capital granlsl. Under FRS 102 and the Ch8rities SORP, these
grant5 should have been recoonised in full in the year of weipt because all performance-related condltions
wer8 met at Ih81 ts'rne.
23

HOMEFIELD COLLEGE LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {continued
FOR THE YEAR ENDED 31 JULY 2025
21. Prlor perlod adJu81ment {contlnuedl
Consequently, a prior period adjuslmenl has been made to recognise this income In the year of entiuemenl
rather than deferring it. This has resulted in a restatement of the 2024 comparative figures and the opening
reserves as at 1 August 2023. The impact on the financ￿1 slalemenls is as fo15ows'.
Impact on Statement of Financlal Activltles - 2024
Increase in Income from Charllable a¢tlvitie$ (Grant in¢ome)-. £63,290
Increasè in Net movement in funds.. £63,290
Impact on Balance Sheet- 2024
Decreas8 in Deferred capital grants (Creditors due within one year): £294,908
Increase in nel 89sets'. £294,908
Increase in unrestr￿ted funds.. £286,725
Increase in Reslricled funds.. £8,183
Increase in Tolal funds.. £294,908
Impact on Funds - 1 August 2023
Increase In Unrestricted funds.. £45,757
In¢rease In Reslricled fund5.' £185,861
24