Registered number. 06125927 charbty number 1201820 HULME GRAMIAAR SCHOOL (A charitable company limited by guarantse). REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025 •AEXIBCW8" 03103r2026 COMPANIES HjS£' f#248 "Atwtrwj" 1710212Q6 CC*PANES HOUSE A12
120
Ji HULME GRAPIMAR SCHOOL IA¢haiilabl• ¢ompany limited by guarnnts•l oKrENTS Page Relen¢t and adminlstr¥&v delarf¥ olthe Comparry. rt5 GmOr and ad¥ts•r4 Governors. report Independent auditorfs rnport OA the finan£l•l slaternents Statement of ffinaneial ¢tivilt•s 2-16 17-20 21 22 Slatèmenl of cash llty*s 23 Notes tts thè kn4ncial 5tstgmgnts 25-47
HULME GRAllJlJWiSCHOOL IA¢h•witable 60Tr4>ary lifflited ty •u•Anknl REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPAIIY. ITS GQVERNQRS AND ADVISERS FOR THE YEAR ENOEO 31 AUGUST 2025 Go¥emor G WTheek)n CDW. Ffoo. Ct A Coyma LLB (Hons). FCILEY. Char S Sayer 8s¢. MRICS. Chair lappointod 19 Novomber 20241 J D Greer0d (Honsl. klRICS. MCIOB h Hofgale BA Ac (rene 23 Junè 20251 R S Ilingworth Bsc (Hons) (resigned 31 August 2025) R 8 Lotrley MRICS I$]nd 31 March 20251 Dr G Puffts PhD. MPhys (re$Ked 23 June 2025) A S Rthrds 8Sc IFJnsl. PGCE D SFencer FPFS. IMC Ires#Jned 23 2D251 V Strth•r LL8 J M T Suldrffe BA IFknsl. IIEd J Wikms Bsc (Honsl laFWUrted 23 20Z5) Company mgi5t•r number ¢612W27 Charity r¢gistrr¢d nwnb•r 1201820 Registsred offi Chamber Road Independent audll•r Cr¢m¥È U.K LLP 3rd ffl¢ Sl George5 House. &fj Peter Sl. marster 112 3NQ B•nk•fs HSBC 109 UnA)h Slrett ljdham L¢aSl OL1 1RT Solicitors Wèvyilmar Pall Mall Cowl 617 n9 Slteet manCster M2 4PD Clerk to th& Gov*mort Kath Sh PriA¢ipal ten Pankr51 IestMentana9Ors Investe 3 Wdliwl Place L•Èds LSI 4AP Page 1
HUUIE GRPJWR SCHOOL IA¢h•rflable comparry Ilrntted by guare) GOVERMORS. REPORT FOR The YEAR ENDED 31 AUGUST 2025 INTRODUCTION The Governors IWanThual report the aUrted fmancial slaiements of tha Htrfme Grammar scho for the I Seplemter 2024 to 31 Augusi 2025 under the Chaitti'e$ Acl 2011 and the CompaniesAct 20(, tO9ether with Ihe aLKliied finarrid sklements for Ihe year and nfjrrn Ihai the laller cOMY th Ihe requwements of th8Acts and Ch•rths SORP 2019. Objqctlves and act1ve$ 08JECTS Tho objo¢ts of lh¢ a$ oudined in the MernoraThlum •¥1 fvtid8s of ASSoatrOn, are to fvrlher the education of chthlren and young P8OF40 by th prow$iffi of $chod$ In or near Oldham. This indJèS the prows¥JTr of related eAlucatJfta athbes commuThty-based tIati¥eS that tenefrt the witder public. The Sthoc4's aim is as fthkns.. The Sthoofs ovefarchng aim (s to delrpr eLIucal Ihattrs tothe unHiue needs 0188ch student. By doing 50. in5trulion slibves lo offer the hKJhesi quality edKation. ensurin9 Ihal $tuderkts excel academTcaJy and thri% In all aspects of their deveknprnerrt. The scho.$ Mission is lo equp 5tudenls for 5ucce5s in iheir fubjrg car8ers aThJ sludi4s. rqgardl¢s5 of Ihp path5 they choo$o. This ¢ommitment to eXNe¢e a5 been centra to the School'$ wrpose $ino As estaWi5hment in 1611. Over Ihe ¢eniu. the S¢hoc4 ha undergone various transform3b"on5. yel 115 de(&"cation to providing exCWtiaI educatiDTr lor lstUdentS from È&ly yeats thrtyjgh to 18 tem5 sleadFast The School acti%ly embraces modem adVanm$ in ¢Lllitthum design. texhry method5. and lecthokgy. recogntsing Ihe value Ihey bring in 8nhaTrung the educatjonal experience. Al the sarne trme. the Schorll 15 Mindf of the polenli It5k5 as50aaled with devdopmen15 Sh as Social metha and digtsl plallDrms. irKluding ArtffiCl IntellTgence It ts our re5pon51blrty to en5UIE lIt students are Welprepared lo navNJate these tcols safety and reSpOl1y. ÈmptrerNw them lo thrra in an iweasinglydi9 worfd. School prwde5 e(Xa1w to pupls frem tr age of 2 to 16. offpn.ng • ¢tilo$ 3rtd supwlive leaming joumey frorn earty years through to Sixth Forni. Sch¢Jol 1$ woud iooffer a IY Gtio(Ixational en¥¥onmerrt. relkth9 tyJrc•mmlment to a ms)dem. indu5ive. and tylarn learThng exwence for al wf4s. Coeducation prD¥ides numeroLkS beneffts". il ppare5 sbjdents life beyorKI sch1 by reflecbng the dThter5e w¢rkl in whKti Ihey IN and th. erwjrzges rnutuat iesped. broadens per$pective5, and enn¢hes dassroom rfixussions Ihr¢xryh a rzrvJ8 of woinls. By leaming and gr¢Mng together, boys and 91rts Ihrive socially. emotionalty. and lostÈntJg a bnEed ¢duEation. In fr)rmul"ng th¢ SclKrfs objec15 and shop9 its nbakn. the Go¥errY)rs hame ¢arelulty COrEd tha guidance prJwdod by Ihe Chiy C¢ynmissN)n publ beneffic Their parti¢Lrtar fotus has béen on undwslanding $uWpmenlary gupJelirs r8laied lo ltte athancernent of ti0fi and the inplutions of . STRUCTURÉ AKI DEUVERY OF GOVERNAN(X Histoiical ea¢kground fvd L•gal StrucluT• The true ongins of Me schcd can hEwftver traced back to 1811. In the 18th century a boys. and 5irfs' sehool were e51ablished on Ihe pS$nt Schoc4 srfe though lundlor as separalè s¢$ lo all intènts and purposes. though krTh¥n as HLdme Gramm hod$. The Schoc4 was uKuporated as Objham kknlm8 Page 2
HULIIE GRMAPAAA SCHOOL IA ¢lwilabie cornpany Ilmiied ty guardnle GOVERMORS. REPORT ICOMTIIIUEDI FOR THE YEAR E14DED 31 AUGUST 2025 ObiKts"¥es and ¢titieS leonAeI Grarnrnar S¢tsJ¢ls. a cofflparby mj by guarantee Rtystered Nwnber 6125527. Wilh effera from 1 Septembef 2007. Tho business ol the School was Irafjsferred by of a Bu5ine55 Transleg Agreement to the lirndÈd compafiy from the uTrwporated ctiwty the terms of 8 new Charty Commisston &eme dated 2 Juty 2C4)7. The Charity Commiss¥)n sth8mo indudod a uThbng direcb.on Ihat Ihè ass8ts relained by the original unRKorporated charity Imairty the enthjwed frjndsl artd those of the School transferred to the company to be adminisiered as bf Ihey weie C. Acurdith. Ihese a(xounts present the combined assets of the uninwporoted charty and the wrnpany litnitgd by guarantsg dar tho torffls of Ihe unrfxvJ direcl¥Jn. The ¢ornpany 15 the sol• truste8 of the unirwrporatÈd thanty. Go¥em8nce Framv4vork and BO3 Cornposltion Re5ponstbthty ftsr the Sclth liÈs wth a 8Dard of Govefnaf The ArUde5 01 A$swatrA) al a rnaximum of 14 GDvemuTs of byhich should be inated a5 repre$•ntats. of the Qldham Metrowitan Borough Councl. The nOmal• Govemrs a appointe(I for a term ofthree years. The rEfflaining GOVm are elecred by a general ffleetrTrJ of the Mernbe The Board rwr•n$ rm comrndted to losterir¥J a rfNerse. skined. and banCed grojp of dected Governors. dran9 on a ide range of expwience &¥os5 educatson. bjsiness. and other seGiof5. This commitsnent indudes a proactive approach to athle9 gènder. age. arvj prole5Stunal thlty. ensuring the eoard refiects both the cummunty rt serves * the e¥th"ng needs of the s¢)01. Governor Recruilrnenl Induc1i¢ and iknelopmtnt To 5UPPOrt Ihi$ goal. a robusl and $bIl5 pc4w goYern5 Lhe rt¢ruilm¢nt, Dnboardiny. and dgv¥Wment of Goverr(sf5 T$ p¢li¢y tndudts Ihe VOTrnsv)n of ¢0mprehSe Malen. ftsrmal tonfimiati¢n of theY commrtrnent lo seThe. ¢letaded briefirys on Iheir rc4e5 and responSs. dear disthsure proc8dur85 for any pptential ol interes( an¢J ongcAr¥J acces5 lo rdewst Irairwng and development opp(wlursilres. Tli$ struthred apprDac Ihat ai GOnor5 W81.prep3rod. wthnfrmed. and futy eWiPp lo contsoute offo¢lAe to strategK dtredxm o¥wsW of the Sclwl. To SUre the &Jard is wrOunded and ewlpped wth the r¢essary experb5e, GD¥ern5 are thou9htfully selected the aim of prOthn9 strategic guKlatKe and 8ffece ovw5i9ht acros$ all areas of lh• &h¢ol's opera1[5. The selKtion kyocess indude5 irer•ie$ rJed ty rtsrenl Boad members to assess the surtabilty of pr05peth decled Governors. Qrw appointed. n&v Govemors urthrgo 4 thorough prowmo. t¥tiith rrdudo$ meetiTrg$ th Ihe Prin¢¥0 and the Dirtor of Finance and OPern$. attess to key docufflenlation. artd ta"lared trair¥rtg IN area$ such a5 5afeguardiThJ and g)vernarKe. on90g profeS5kal elOpment is a prvjrity. and Ihe Clerk lo the Cov¢mors maintsins a deladed record of ail trainFng undertaken. induding bolh Inlemal se$5in5 and extem oppcrtunits. lo supwrt ¢n¢S kaming and Inforyned deci5wmakin9. Commith• stN¢t and Me•ti1198 Tl Board ol Governws canvenes a rn1nm of mree annual rneekngs 10 deliberatè on FrlKy and 5tralegic affoirs. Additionalty, Ihe SleeriThJ Commtse. compnw ol IhÈ ChaMper$ frum various sub ¢<>mrnrtteES. ¢onvenes on thtEe ocGastM5 year. Tfwr indude5 exerci$iry scnthy ar¥J proMdiAg ON operational matters for the (plete Boarrfs con5WJwa. Finance and Commowa Committ90 k4ay5 a vrt4 rde li strerWEning the Schoof$ finarKi#l govwftance 8llLI guiding the strategic imOemenlaiion of its er ts¥ek)pment p4an. mgeb.ng at kna5t fpur b.rnes a year, the ¢offlmittee ¢$ $[*$1e for overn9 the audrt prwatKvt w¢ce$5 and WkS d05ety Invèstrnent Page 3
HULME GfWlhlAR SCHOOL (Adwllable eornpany Irnlted by glqrnntrel GOVERMORS. REPORT ICONTr4UEDI FOR THE YEAR ENDED 31 AUGUST 2025 Ad¥isws to SL? Ihè Schoc4'$ MM$tsnenls are marhaged wlenty. effecb"v, Wkl in 4ignmonl wrth lonlgnn FurtheThore. Go¥ernors ak50 preside o¥er the ScFK)ofs Edal and fr1th Safety and Environment Comrnrtiee. %thi¢h convenes per term. In addil)n. for specthc proje¢ls. ad ¢4)mmrttees can be estzbli5hed as needèd. Tho remunpratgn fvr the Prirvp is Set by the go¥err*ng Board. takin9 Inits accourrt bethnarking surveys. As lor the SenTh Le8der5hip Team. thEf reMu3th1o is estab115W by the bLrt in close consultation ar#1 c¢rnmunicab"on th gerThs. The Go¥errKrf5 have seTrtd dwng Ihe yèar ar•".
£&?
G Wheeldon CDty. FIOD Vtce Chw{to 23 Jun 20251." Chair {from 23 Jun 2W251 A Coyne LLB IHonsl, FCILEX Vice Chair Iwel 23 Jun 2025) S Sayer BSC. MCs Chr Ir23 Jun 20251 J D GrÈenweod U (Hensl MRICS MaOB A Holgal8 BA lthsl ACMA Oeft 23 2025) R S lllingworfh 8Sc IHonsl R B Lobley MRICS Ueft 31 Mar 2025) Dr G Pur¥es PhD, èAPhy5 Oeft 23 Jun 2025) A S Richards 8Sc IH¢J)sl. PGCE O Spencer FPFS. IMC Ilell 23 2025) V Stocker LLB Chair Ilo 23 Jun 2025)- J M T Suidffie &4 (Hois). MEd J WdlAms BS¢ (Honsl Govemor Gavemor GOVerr Govemor Governor Governor GDvemor
£s
£& £% GOvAor GorrKJr Steenng Cthmittee Fae aThJ Commereial C¢mmntee Education Committee & Marketirvj Cconmitiee ALLdii Committee Facilities Committee Pareni of a pup4 at Ihe s¢hoc4 Representati%e Govwnor appoinled by CXth4m MBC Thg Pmcipal, Mw5 K Pankhurst. aThJ the O¥e¢tor of FinarKe aNI Owrat)Ths. are reSponsie lo the GobprywJtS the day to tsy rnanagernent ol the SrbxL TW are yjpported by the Sen1 Leadership Team which consisls 01)." Mrs Z Ward Head of Prep M C Jones Deputy Acad¢mi¢ A H Marshall Deputy Principa Pxtor Homby DIred of Developmert and Pubk 881ft A8e Hoad of Sixth Form R Twner Assi5tsnt PrIPa Ac•J8m • PUBUG BENEFIT The G¢)verrrfrs have cornF4 vnlh trE duty tr) ha¥ re9ard 10 tre Charity Commi5s)ns guidance on puNIc beneffit in Ihe course of calft9 wt their responsiblrft85. Re*j li a cornm alre•fy Wi etMi¢ aThJ soc•1 Trr5. the S¢lthl 1$ deeply commrtted openiny 11$ Pa4
HULME GRAIWAR SCHOOL company brnited by guaAntrl GOVERNI)RS' REPORT ICONTIMUEOI FOR THE YEAR ENDED 31 AUGusf 2025 Oblectlves and a¢tl¥nlv4 I¢Dnlinu•dl door5 to an der range of farn1. Our Thing PW#t Df wi¢>J5bM and eqi#ty defirrts we . an insthjbon driven by both rnfyal purpose and a $11(ty to Il pu1¢ g>)d. Hrne'S kgxy as a fort% for social m¢)bility continue5 to shape J[ miwon today. The fees of 113 12024." 1241 thiklm were b$lIst In fijl. part. n Ihe a¢ademK year 2024fL5 thrtyJ9h mean>lesled bursaw and Ihe cost of these remiss&)ns. before any donabons towards th. amounled to £804,54712024." £752.4031 e9uPent to 70.9%12024". 8.6%) of9r055 I"0n 188s. The GowAmot5 are do0Y cornmbtt8d to mnlainiru an 1ftdusi fee struclure that broadw 2ttess for famlllgs fr¥n backgrcmmds. They so recogni%e that attracting and retainfftg ex¢eptional staff is ess•ntial to su$taining educat¥)nal exlnCe. OngsIde this, to ivvest in the Schoofs f3re$ and infrastruGlurv lo prowde an QL5tsland9 JeamiThJ env¥onrneDL Balanc4n9 alFordabitity exclenCe remairs a key locus, en$uring the thrNes whthe stawffj to rts princyles of atcess, qualty. and loterrn sustanabl"ty. In keepiThJ with chariiat4e status. the makes it5 faclth85 avaflabk to th8 wkler CommrtY such as lo¢al $ptsrt$ thbs and othef Organisatn$ when npt ¥) use trs sludents. Tlse arB ollered eith¢r freè of ¢harge or al stgnffjc3nty reduryl rates. Examrles WLJJe". Us• 01 lh• Sports Hal ty local leolbal, ¢ret. al and tsble ten dubs, and lo Iwt distri¢t Compe."0nS in these sports. . Use of the Sports Hall by loca kntw. citket n2tbal and trblÈ tennis thbs. a1 lo host distn.ct cornpetilKJns in these spcrfts. . Llse of ihe sch s W by a rdwious group . Use of the swimming pool by l¢xal dubs . Use of the School pL3yiTrJ fjek15 by hxal Schoo . P1]S particpaled fft Ihe DJke of Ethbwgh a¥ds sch8m& organiW ty the Scknl as part of w&thiL bley pmided Stlte to the tommunty . Use ufschcd tatilitiès fu exarnlnat puwps by IheA$50cialed Bd011he Roya schtys ofmu The SC01 15 dedicafed to d10 mean1ryh bfrt in accordance VAlh tts charitabje purpose. We acivdy eryage with the locd ccfflmunty ihrough edat)nal outreath, burwy support. partnu5hips Ihat premote so0[ moblity. economK gro4th and l$Jr ojvthme The Governors have gNen cafyfvl t¢)nsiderotion ttj 1he Charity Commissiorfs guidCe on benefft in setting the ScI,s ob)ecti¥es and F4anniry it5 &1pS. Our nbalwes align with coro th8me5. 8ed the Vruted Nations &Jsfairta Debtbwnerrt Go ISDGsl: . SciBnce, Technc4ogy, ETrJineerin9 & makneffla ISTEMI . Art & Lrteracy .srtaAC . ctimate & Consef¥on . Mental Heahh & WellbewJ . Diversity & Indus)n Fin4ncial Assi5tanc• and Ec•n¢>rnic Impa The S¢)01 is dedi¢ated lo widenirvJ access to higWL41ty educabon. In Ihe 2024125 acadeffl year. the School 3Uoralod 0¥8r £8QO.OQQ ¥) mean>l¢sted bLw$a. etsaW•i9 $ertts lo attend eithei on a fully lunded oi $Lthidiswd basis. As a cornerslone of Oldham cornmunty, the Schoc4 makes a SLthantial contribution to Ihe kta] Konomy, swtaining mose Ihan 180 jobs and hdping to txmld avibrart, reslvènt. and wosperous c0mmL1ty. Page S
HULIIE GRAIAAIAR SCIIOOL
(A¢harflalAe eornpany limited byguar
GOVERNORS. REPORT ICONTINUEDI
FOR THE YEAR ENDED JI AUGUST 202$
ObjqctiV95 and aelfvlt5es Itanthwll
charitab Giving and Voluntwing
Our stL&lenis play an th rde in cornrnunty seTrKe, fostefry a strong sense of swal [pspSiblfy and
leadership. Over the pasl year. ehe School has raised more than £4.IYJO fvr a range of chare$. ItlIdIng
Mag9ie'$. Oldham Food BanL YoungMind5. and ChRdren in Need.
Educational and Cofflrnurmty OutrEach
Hrne Giammar Schod rs commAled to enriching leaming opW1Lit$. foslwing sk1$. aTrJ irspiring fviure
generabons thr¢xoh pafftrships with lo¢af sdKo15. ¢h7rtes. and bu5in55es.
STEM and InrThation'.
Hosted a week of STEM xb¥il%s as part of the Mandster ScCe FestN. debates. eThgineeiiThJ
challenges, had¢ath¢. aThJ cooing TMOfkshop$.
. Ran the Pary En9in¢er Chalenge. in%thn9 kncal in handsvQ7 engirteeri projgcts SUPPDrfod
by prclesshxal enyineers aTh1 &"xth FrMTr $char$.
. Launched the first Junty)r Hackalhon wdh Digrt
HULIIE GRAMPIAR SCHOOL ¢haAblv ¢ompany fThited bygu•rnnlEl GOVERNORS REPORT IcoimNVED) FOR THE YEAR ENDED 31 AUGUST 202S Obiectives and •GIi4Tities leonkn lo uphold hwJh standards in nab.onal assessments and strengthen educon¥ pracfice$ a¢ros$ tho se¢ior. We $0 auNety partKipale in wof8ss¥Md development irkatr¥es. fostering kntywlety exchan9e and Ihe sharing of best willmn tr)th thg Igc713nd nat1 ed•1)n. • RESPOMfdBILmES OF GOVERNORSICIIIECTOR Th¢ Go¥¢rrbJrs. who also Se as dyeclors of Hthe Gramrnar Sdwl fw the wrposes of cornpany law. afo responsible for prepanng Gov2m0. Annual Report and the financial Statements in 8ccord8nGt wth applrable law an¢Y United lfjngdom GenerlY Attept¢d A¢cow7&ng Pradtce IUK GAAP). ffldudirKJ UK AcCoun1g Siandard$. Under Ihe Cornparues Ad 2Ci. Ihe GOVerr a requred to prepare fin8nca81 staiements for each financial ygar. Thgs¢ $lal•m¢nts must not be apwty4ed 0$$ the Gomors are satisfied that they wesent a true and f•r eW of thè charitatle LThparf5 positthj). irK4utsg its ¥Korne, expendAure, and apF4i¢ation of resource$. In preparing Ihese finan¢rdl statements. G0wr5 M1. . SElect suitable aetounting and aY them eonssienty. . Follow Ihe methods aThJ prinuples ouifined in the Charffjes steM&M of Re¢¢)mrnended Pr¥b¢4 (SORPI." . Make reasonae and prkthnl judgment5 and e5timztes". . Confimi ItTat 8p¥tcable UK act1 $ldardS ha¥e been folopd. subiect to 8ry material dePareS disdosed and explained ithin ts firwYAal 5wements: and . Prepare Ihe financial stalements on a gging ccern basis. uns$ (t 1$ i)appropTiate to assume Ihai the charty Will conlinue In operalion. Thg Gov8mors ar8 also r8$psle fw ma¥)tainw)g adequate a¢¢oyntin9 to awjratety re¢ord gxplain Ihe tharitable compan¥5 transacin5. These records must." . Discbse. wilh reasonable &cwary. tts chanifs posw at any gwi bmè., . Ensure cornpliance with the Companies Ad 2( and the pro¥i5vJns of chaW'5 govorThr¥J documeTht5,' and . Facilitate Ihe wepwatien offinan(J statements that retht a trk farwi. Addth"onaly, Ihe Coverrbjrs are responsitde for 5afeguawding Ihe (haW5 assets and takyo reaaLle steps to prevent deted tr8ud aFI oth8r thancial rft8gulafO85. Thts inGW5 im4emeTrtDw appropriale rntem8r ntrds and risk management F¥¥xedures to er15urtr stabilrty and rngulalory coMlance. . CHILD PROTECTION The Schod 15 comrnitted lo mainlainirwj comwEhensv•e evoi¥ifig protection pole3 and procedtlres that align wtth current legislation, Statutory gUal8. and be51 practices. The sal?ty, welfare. and wellbeing of IWLS are of p•amount anpr. and tho Schoo4 adopts a proacb approach to 5Jleguarding_ The School's Chld Proleclion and Safeguarding Pc4w is re¥ved regutsty to ensure COM1 wilh Ihe lales¢ gfftmment guMlelw. indudir#J 'WiNJ Chln Safe in Educabon. IKCSIE) lh• Working Tog9thr lo Safeguard Chrfdren frarna¥ork. polries are approved by Ihe Bowd of GrThemor5. who oversee the effecthveness of safeguzrdry meagJr85 and ensure they are cooststenty aprAied. Key aspects ofthe Schc4fs commitmtrt kn chibl prots¢bon yUde.. Pag8 7
HULME GRAMIIAR SCHOOL IAth•ril•hlecDmpany Ilmited by9lMrtntee) GOVERIIORS. REPORT ICONTINUEDI FOR THE YEAR ENOED 31 AUGUST 2025 OblKtiv•5 and a¢tt¥its¥s l¢ontiThwd) . Designated Safeguardin9 Lead5 IDSLsl- A team of traird slaff. led by a senb)r rnember ol leadershy. who oversee all safe9uarding matters and provi( supportto puimls and staff. Cornptehen5ive Staff Trainin9- Al 51aff mernber5 recefve regLdw and updated training safeguarding aTrJ chikl prole¢b'on. ensurry Ihey identfy SPOr1 effrfiNety lo any con¢ems. . Saf¢r Re¢ruitrn¢nt PAct¢$- The scho fdkA¥s $trwYJenl re¢ruitmeni arhl pro¢edur0S to onsuffj thal 31151aH. go¥eiKsrs. and lUnteerS we Surfab lo ork wlh chlo. Pastoral Support- A robu51 pa51oral care stern place lo support pupils. rnental heath and wellbeing. en5urirvJ Ihal they have a¢ces51o lryjsled •Ju115 appropriate 5LlPPOrt services. Collaboration th Exlernal Agenue5 The Schc¢4 works dosely ith local safeguarolng parlners. SDcial services, and I enforcement agencies lo ensure a coordinated appfoach to child wolection. Cleai Reporting Procedute$ Al safeguardin9 tJ)ncerns r managed thrtyugh a stillured •nd ¢onfAlenb'al ieporfin9 preSs. dear procedures in F4ace for escalatn here necessary. The Schcqy •1$ dediuted to ¢rethrffJ a sale $upportiv¢ environment wpils leel setrj. valued. and respecled. 8y f051erirMJ a cullwe of vigilance aid ac£ountabthty. Wme Grarnmar Schoc4 ensures that 5afeguarth"ThJ rernans 3 core in all aspects of school hle. . STATEIIENT OF DISCLOSURE OF IfrIFORIIATt014 TO AUryTIJRS The Governors in olke at the lirne of approvin9 these ffinancial slalerner%ts confimi Ihal. lo the best of Iheir knowledge. Ihere is Tr) rdevant audrt infcrfrnJtlDn ol fiiGh the auditDr5 are unJware. EaEh Go¥emor ha5 a150 confirrned that Ihey ha¥e tsken all necessary 51eps lo rernain informed ol any relevant audrt matters and to ensure Ihal such nformatv)n ha5 been lulty ¢Jtsc105ed lo the atOrS. The Goverrnrs recognise their responskn'lity lo rnaintain liansparency and lull ccOperatn with Ihe 3jitOrs. in acc£Kdare with Iheii slalulory dulles under the Cornpan5 Act 20C6. They reffia mmert lo uph¢)Iding Ihe leSt $iandard5 of fin•ncial reporbrts. 9)¥wn3nce. and accountlity. eThiiwy ttwt al approwwtè discb5ures are made lo support Ihorowh eHeclwe proces5. • FuNDs1NG Thg ¢hanty had no fuTraisvyJ re9wffj dis¢b)swe ¢Jthl¢r S162A ol Chorths Aci 201 I lfvndral$ing starylardsl. • AUDITORS Cle U.K. LLP expressed Ihew TrI¥¥J$ to cOntir in office as audilors. By order ol Ihe Board LL Mr G Wheddon Floo Chair olGo¥ernors 5 February 2026 Page 8
HULAVE GRlAft S¢L
¢lw4blt ¢offtpwy limlled by 0412Q)
GOVERNORS. REPORT ICOIfflIIUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
STRATEGIC RepoRT
Acht¢¥offlents perf9rnlc•
• PRINCIPAL ACTMTIES ANO REVIEW OF THE OUSIMESS
Stsff Change5
Dop/rlur¢¥
DLYng the year. the Sehod con1lrnd to 5tsffng slnKlure5 with the priryitE5 ouoined in the BlnesS Plan.
focusing on effKien¢y and sustainability whlo MnIaInIng hwjh 5tsThlard5 of teachi and $upport. Sornè
coleagues left Ihe Scknl ihrou9h a combinatw)n of ¥ntary redundanc4es: [edUnd¢s. professionat
dev¢lopm¢nt opportunibes, as 1 th9h seeking fokn d$ts¥the.
These Ehanges aif•cted a broad rang• Df Ikpadments. ML4ts"E 5&ff member5 rngtrin9 w Irom 8reas
ifiduding Mathemai'¢s. Engbsh. S¢rKe. Modem Lguages. arml Humarwlies. The Sthool al$0 continued it5
view of (xJntra¢tual arr•YJements. an OrwJty project aimed at eThsumg flexiblty and acros$
subjeGt arp¥s, trxampl¢. teac previwsly as subject speual6ts {su¢h as Hisiory or BKlpgy
leachersl are rw appointed under ader deswjnations a5 Teachtr5 of trm#hie5 or TEachers of
Soence.
Staff also moved Lbn from the School artd from a Yariety of support se[p$ aGross the lrt many
case5, these tra05ilittns flect w)si¢Ne Career progres5. p8¥50na d¢¥ekent thoKe5. or retiremenl.
Including some throu9h voltary re(kndancy. We aw w)ud to have supfftd thr professional journeys £nd
remain dEeply 9raleful lor the edtion and ¢on¢ribulws each duriro their tlme * the Stool.
They le with our 5ncere thanks and beS¢tw for the fiJtur¥.
NÈW Appointmbnts
This year. the Schoal was ¥eLl to Ct)me se¥e new fflemws of $lafl, ea¢h brrvjing valuat4& gxp8rtise
and enthusiasm lo the c(¥nrnUn[. Notablt p0ents indwled new coleagues n English and Mathemzlics,
as well as a new of Departmert for Hrstory. The Mathetiry was also strengthed IhrDu9h the
appointmenis of a marke Manager •J a Junity Markding Olker. The Ptep team has been bolsrered by
Nursery Room Leader and 3 HLTA.
Twe adrfrtM)ns Ihe S¢hooi's ¢apxrty lo detNer ex¢drKe across both ac4
HULME GRMIMAR SCHOOL IA¢lx4thabl¢ ¢ompaery Mited by 94•rnfttrel GOVERNORS" REPORT ICONTINVEDI FOR THE YEAR ENDED 31 AUGUST 202S STRATEGtC REPORT Itinld) Achie¥efflents PerfornA¢e Iconlinu¢d) re¥Ew across all deparnnents. we prnle personai5ed 5WPYt for snvjents #nd fvS a lture of acadom excelknK. Teaching S Leiming l A¢•dwni¢ Enhanc4ng aEadernK excdkn¢e by". . Embedling hIgqua1ftY te¥Nng as cotsifd in Ihe scPthfs EthJ¢4ttyyI Phflosophy across EYFS and all K¢y Stages. . Ensur9 that 31 teacling me8ts th? indivthal needs of pupls wih SEND yofAès and EAL students. . MonrtoriNJ and suppothry the fFletnenlatw of Ihbs by establtshirvj a sysrern of ruwiojum miew pmcesses. leading to irnproved xadernic allaen1 acmss all areas. PastoNI & Pupil DevelopnnI Forther qnhanthg stud•Trt pqtsorwl d9vg10pm and by. . Embeddry a cohesibE 0>curruM progr10 acmss 81 phases to Ip pupils de¥ebJp IheK interests. bfoaden Ihr horEens, and support Ihev weNbein9. . Ensuring the hvJhesl standards of coTrluct. uniform. and bèhavK¢xacross the s¢h¢KA. Strenglhering Ihe 5chxfs 'through.school' character by bringng sttsdettts together from acms$ the school cornmuThty Ihrough 1emilywltrS¢tMScA assernblies and pew-rnentoring opportLMIt . Further enhancin9 LhE SC1.$ PSHE curfbxlum by rSoW mty4toiirMJ its iMeMentation acros$ all Key Slages . Devdoping the House systern. Mathotingj Admissions & Communications De¥eloping and irnpl8ments.ng a robusl marketthig aThJ aJmi5SM5 5tr3tegy ty.. . Estsblishing (mrAeMe"n9 a appro to marketiffj and •Jmissv)ns io stabilk%o and grow the pupil rdl. Rais9 the schoc15 wofite Ialty 8TrJ natsonally 1hrygb engagemMt media opportunitE5. school publicatW$. and enteriThJ natwal Sch¢ •¥Ards such as the TES amards. Inhstrnciure arbd Technology Continuing Io tlevelop. inprave. and hIKe Ihe 5dTh4's lacdities and Infraslnxr8 ty". . UFgfathn9 the whde sclwl WiFi lo ena¢ fflwe effedi% ieathing, Jearnirwj. and Comrnunicaln. Rdurbi5hing dassr¢oms wdh smart Inle(.5 screens ¥d the lSt technology to enhance engagement and latlIa1? m¢)d8m appwathe$. . Integrang atharwl lools in subjeds such 35 Computer Sc4en¢e. irKluthJ VR sets. tttding Station5. and digital r8sourc8S to provide immèr5Ne and handyjn learning expervénces. . Impfwng c•mmynal sp$. sbAefrt areas and slaff lauTrtiÈS, to create a mor• and ¢dlabofab¥e en¥r¢Jnment Publi¢ •xm rnsults Results from publ exarninaii¢rns bken in the Srner of 2025 08 again d•rnon5trkn the strèngth of a¢adem achielement Ihe sehod. with partitsjaty strow valiwdded outctyn•s impr4S5i¥V iThJividua pErforMae8. A Ltvel . pa58 Fate P8ge10
HULME GftlmAR SCHOOL IAeharfMble Gompany limited by guar4ntel GOVERNORS. REPORT ICONTtNUEDI FOR THE YEAR ENDED 31 AUGUST 2025 STRATEGIC REPORT IcoDlinu• Achi•vments and perfomwice Iconlln . 13% olgradeSre A" . 36Y4 of grades Iverv A". . 60Yo were grades A"_ .84%wereA'_C . 1 student aclweved 4 A" I sludent achieved 3 A"S. . 7 students achievod all A". A tyades . I Ofgrad were grade 9 . 25¥1 ofgra¢Jes were 8-9 . 50'h E>fgradps wetp 7-9 . 93% ofpupils xhkved a pass (grade 4 or8trfft1 . Two Sbjdents achie%d 10 GrJe gs. and over a Ihird offv thhort seven ormore Grades 7-9. The 2025 GCSE Vue Added IVA) 5coie Sd$ at +0.7. ¢1 that. on ¥VBfa38. pupi15 ahed 3kn05t three.quarters Ot a grad8 higher than experted based on base11 data.. ISI Inspe¢iion In Septernbef 2023. the schod prvudty passed it5 19 (IndepeIeNt sch$ Inspectorate) in5petfon. mawking signfficanl hieVemt for the enti commuruty. This acc•mrAi5hment refiecls hwJh standard$ of•duts.tsn. pasiofal caTr. and o¥eral managemenl. Pa5ng Ihe inspeciw is not a lestament to the hard work and de(katn of the slaff and sludenls. but it aLs0 rnfm5 the school's 51rong reputats.on for excellence. It enstsfes corstrnued Confiden amorvj parerts aThJ stakeholders, and sets a stror4 frojndation for future gr¢wAh nd 5Utte$S. Currlculum development Since the intr[xJudn ol Ihe rw Prep in 2024. Prep Team has umtinued to and embed its aFWD3th. enlenng the seCrd year of imFlefflentation. Enli5h remain5 al ihe heart 01 the eurriculum. ensurw that lrferxy skills are consi5tenty 5trenglhened frDrn Prpp to Year 6. In Ihis second year. iea¢hers are bjilding Ihe strong fwrvjaborts estrWisld in Y&ar 1. with kNyils $hoMng in¢xeased confidence and fluew across al are35 or rearThrvJ. The N¥o-year rL41ing cUM conknues to piowde gpportuniliFs lor pupi15 lo r( ¢w$d#te * extend the¥ derS¢ing of key ¢onw. fostering inleliectual curiosity and alosbng kwe of1è3mirg. The Prep S¢tKx)I has ¢onb"nued lo •xpaThJ its Fyesl S¢htyJ in tho s¢¢ofyJ y¢¥. fijlty embedding it into Ihg ctwr¢culum ¥4ilh regLlar haW4tY 59sstrkn$ ¥vy othèr week for all pupil$. This wolkesiabii%hed. handsffjn outdoor learnfng expererKe ptayE an integr role supwl'ng Ihe de¥thpment of assenthil lrfe skills such as tearhwork. prcthnkSn9 res1. whae ¢Jeepenwg sxyts. L¥JnnertiDn lo the ftatu grMrorrfrt2nt. The schoofs broadÈr educatbtina phflosWy. outSned in Ihe Hulmp Edln81 Phl¢)soth dotyjmènt. plx•s knedge. Creal1ty. skfd de¥olopmeni. litetxy. 0>Cu¥lar inNdv8fflefit. ar¥1 the I1Th19htl tegratI)n of te¢hnol¢Jgy - ¥KItIng M - al the heart of Tt5 appwoach. This wsron en5ure5 PUF4s are wel-prepared the evolng world and ell(x)uray2s them to be adapts. thoughilul leamers. At Ihe Serior Sctw)ol I. rrurn inntyrfal1 Ly)nlirnd wlh 3 redeswJTred GCSE Str(Ure Introdu¢ad in Sftptember. Thi$ incW•d enrKhmeni knfflt to aifow a mtye laihrd programme of Sludy. extended time for GCSE English. arKI the adjibcn of GCSE Further MMatts for top-set Students. Year 10 pupils cumF4et8d the laughl elen1 of the Higher ProJ"ect Quaification (Hpai. *th malby conlinuityj to pursue tl. effecth.vety work9 loward Ion a half GCSE$. 0lh¢is anced their uMrthAum thr9 PErsonali5ed support. ofile Pag¢11
HULME GRAMMAR SCHOOL IA¢haitable company limit•d by guarnnkn> GOVERIIORS. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2026 STRATEGI¢ REPORT Iconllnuedl CQLYses. rb)a1 experErKes. W'rJ Ihem expkn deyeknp they irtsrE5ts. Education Ph1105L¥phy At Wme. ouredu(atKThl Kthilosophy- Chrnp lorAI: Swporf. Clge and InS-15 rfy)ted in the belaf that every sbAenl deseNes opp)rknits to gr. regardk5s of their startstig pJint. We aim to equip slud¢nts wilh a strong foundation of krwledge. thgsKl¢ Iho ¢r¢atMty. thng. and raCter netsd to Ihiive in a ra51-chan9lr. A14ipnn wortd. Trough a CwrKXJl by pas$Ktinate experts. we PriltISe deep leaming, inteleclual 1$, and the ability lo appty knedge dNgt58 CQntexts, supported by a love far readiTrJ. (scuss. and a safe Spa tor ac•J&m nsk-tskin9. academies. we emphase IhE UTWtaThce of characler and 5k115 such a5 lead&r5hip. re$lien¢&. colalaD"On, and ernpalhy. Our CUM wom¢te$ and ctitKal ttwnking. encowagiry students to question. anaty5e. and dewdop rrflepeThJent w¥prnls. These are further rninfor¢ed throu9h extn$• co-curriCLar actives. dubs. and ¥onteeThvJ. To enswe effedwe and erygiryJ teathry. we emF4oy the Hulme Teaching TOkit. ¥Jhth itrtegT3tes 8erbaSl melhods and ¢on5iStent Strategies auoss dassTth)rns. Through this dynarn apyrDath. m to emptrwer every studenl to nd th8ir passton artd lulA their Paslor41 Pthilosophy At Hrne. our pasloral phk•sophy locwes on students. weftsry. happine55, and personal grrreAh. ensuring Ihey can re¥h fvll w)iential. We uphokl core values such as honesty. res¢t, hafd work, anil comrnunily. fosleriny a sense of belonging through de routines. ¢Dnsi8ient e¥peaan$. and posilt¥e feinforcement. Staff F4ay a key rde in modelling respeclfvl behavu[. contnbutuvJ lo a saf• and IndUSe sthool cultwe supported by a far sy3tem ol rewards army consequences. Mental heath is central to our apwoach. %•ilh Ser¥eS and targeted Support for weas lthe CBT. anger managernenl. aTrl befEaVEment. Whle demaTrJ Ihese serrices 15 high. we plan to expand prDwi%i47n Ihrough weUb8irrtJ 4ay5. stress MJrkslb)ps, and train9 in menlJ hEth fwst aid. Our pastoral care, supported by PSHE. assernbis, and kn1b.n9 inibabve5. 15 both preventsbwe responswe. ziming to rneet $lyd¢nts' evdwg need Our PSHE wrrIGd goes Wd statutory feqtjiremenls. LY¥ering key lrfe skll$ and adaptiNJ to new ¢hallenges. O¥erl. we slrfft to utate a supporiNe, fftdusi¥e ennment vthere Students fitsunsh bath persorn3Ny and academKaly. O-Cyfficulr Development Now in Tts Second year. Hulme's c4KryUlar prc8ramme to thnw. offerirnj a tsro. baced. and Jlly IlusI% range of xlThils for students. The DNersty aTrJ Indusion syoups ha¥e fltyjrisd. white inclusNe $p¢rts opputunth.es suth a5 pzrfxpaty in IraditK?rtatly f4rn• sports and th• rwtinuBd growth of girts. fool1 demonstrate tho SclKd's commknTht to equalty. Buildwyj On Ihe firsi p•r's SLK¢ess. Inilialwes like TrtLdm¢> Tks" rontinue to bron sluden15' horYLon5, expknnng drferent Cutre5. C8reeT5. and lrfe expelw. New kadership aTrl servre roles. I1&JIng Schual Sports Captains and Prep Class Prefects. lurther foster collaboration. SpoNslty. and CDmmu#ty &r05S the School. These dev4106nts L¥Jer5c•re Hulm¢'s dEdOrt to Pfeparing Sdents for the luture by nurturing knOedge. ueab¥. uikal Ihinkwig. arnl ¢haradw Ilwh a enwiryJ ¢OTrcwrrJlar exp*nc•. Page12
HULIIE GRMAR SCHOOL IAehariiable company limlted ty GOVERNORS. REPORT ICONTINUED) FOR THE YEAR EIIDED 31 AUGUST 2025 STRATEGIC REPORT A¢hleYements and perfomian¢• leont•i¥¢d) • INVESTMEMT POWERS APID PoLy FollowirNJ a carefvl r8VitrAf, thè Go¥err decwjed to move the SLkn4'5 investment irto a cash a¢unt. Thi¥ decision wa5 made la wrlect the Sthoofs caprw a period ol rnarket volalth.ty and to maintJ"n liquidity. ensum3 funds are adty availabte ID Swrt the SLoofs operationa and styat8gr prJirbe rnanagement of ts Sc01.5 kwestrnents overseen by Ihe F&C Commthe. th gLDdance from Ihe Invostsnent Advser. Th C¢)Ymors temain resp)nsible fc al investment deCiSn5. ahgnng the School's inbEsirn•d pdw. whth Wkxitises irAMne oFmison t4e mwntsnn9 Prnt levets. . ACHJEVEAIENTS AIID PERFORAIANCE DurirvJ Ihe 2024r25 acadernic year. Hulme made substant41 improvements to its faclth.es and infrnstructwe. enhan9 both the learning enwrrnment ar the o¥eral 51udent experierKe. Key ath8¥empnls indud8d". Vpgiading thè 5rhwk%%vJe WyFi Io SLPPOrt stram$ tsachry. leaming. and communtsti¢n a¢ro$s the campus. . Éxpanding the CCTV system lo strenglhen safeguar(fing and s8L¥rity ft¥ all mernbers of the sthool community. . COMpting a rnajor rulshrnet of the Prep 1jing 8 f511 ieire and lr¢5taifaih of8 fir? alarm 5yStem. . Refurbishing Ihe Mv5K Room to ueate a modwn. ir¥irir¥J spac fof creative IrIng. . ijpgrading essential faelibe5 such as tolels * external Ib>)thuhliTrJ. . Refurbishing pla>Prrtd area$ to wovKlÈ safe and engaginy 1xrtd¢[ sparns. . Installing new W1ndry in thE mn lo romfort. ewgy effitsÈw. and tne avern reaming environment. These ¢OhAeMe$ ieJe¢t Wrne's ort9otyvJ wmmitmMt to ptowdxvj • sale. inMvalNÈ. ané insoiing en¥iTonment tnat supports both acathmiE excelerKe and the l.being of atl stents. These devetopmen15 were o¥er5Een by Go¥effws and Senior Leadership Team. in cottaborab.vn with lh• Estates Mana9er and Oireclor of FM)ance and Operations. ensuring straie9ic progro$$ and operational over5ighl. At#dÈmieAJy. Ihe sthool ¢onb"Th tr) ach strortg resdls. parbcdarfy at GCSE levd. 4vhile maintaining staUe bursary and sckdar51¥p 5UPWrt dpspite a slvjh; ¢line in strmlent rnjmbets. was effecbvdy manage . INVESTMENT PERFORAfANCÉ As al 30108f2024 the lue of the schoof$ p11 Ivas £1.768.663. Ihe continuing expectstion Ihal th6 school would rwd to make subslantial wlhdrnva to cover anfied exPendre. £1.750.000 was iftvesttd In the JP Mofgan Lu'ty Fund, a wefe¢red bysk rnoney rnarket fuThd. and £16.633 was held on deposit. Th8 JP Mwgan Lvwvjity Fund is deSned across a range of sterfindenotnirwted monw makwt inslrumenls and dep05it5. ap1$OI and rompethve ln5. On 0110812025 £3QO.CW was tpran from Ihe portftslio to ¢thr we of Ihe schocl'$ expenditLre. As a rtSLdl. Vdlue of th? pJrtrdK• Ort 31W2025 wa5 £1.549.559, with £1.542.962 vw#l¢d in the JP KJrgan Lquidty Fund a1 £6.597 held on depos Ouring Ihe period 31AW2024 ta 31108f2025 the wruolig has rnad8 a bme wehjhtsd relwn 014.25% as th& JP Morgan Lv4uidty Fund conlinues to imthmefit a lo* risk invesbmerd strategyon behalf of tPbe sthod. Page 13
HULME GRAMMAR SCHOOL iAchaiilalthi company limlted by guarnntrt) GOVERNO REPORT ICONnNUEDI FOR THE YEAR ENDED 31 AUGUST 2025 STPATE(YC REPORT Icontinuedl Achlevements and PerfOnT l¢ontinuedl • FINANC PERFOR¥ANCE TRENDS AKI RESERVES The School had a tsfirJt of £409.450 after net b)sses on invesknanl$ ol £89.522 12024.. deficrt of £1.521.16r after net gains OA inslmenls OF £270.3951. The nel iome from tuIts" fees amoLmled to E8,485.514 12024.. £8,686.9581 whth was an fftcrease 01 £201,444 Q024: £404.4911 compared to the pro¥KJus year. T1$ in¢r8asè is primarity due io the onTh•l fee adJ"uslment a dedine in pupls nurnbers. In¢ome from Grants and DdnatiL)ns was £693.899. an ireaSe from lastyears É204.698. The ttstal resoJrce$ utilised affloted to EI0.9J7.861, 0)mpared ¥Ath £11.501.719 in the prewous year. The r•d¥ction fft exp¢ndiiure prtimarily r¢fle(ts strerrythen¢# budgetary ¢4)ntrol$ and stsffiffj ¢ost saAg$ arisiNJ trom redund8rt¢y measures. While thr& repre5enis a significant improvement on the prior ar. cost pressures are oxFecied lo continw. and further effency wwk is pknned o¥er Ihe nexl Ihree years. As a result. the Sthod reported an operab'ng dar of E319.928 lor the compared a 5ubstanliJfy h3 d•fKrt 01 £1.791.562 in the preceding ye. The Balance Sheet relects addit•?ns (d U70.679 (2024.. E494.133) to FixJ Assets. These costs primarty linked lo the premouY rnentioned proj15. Not8Ny. a s$Jbti portim of the expeTrJituro was dir8c18d IoY48rds the fefwtsshment of the Pccl. The debtor6' balance saw a sL¥hl upb"ck. by t282.791 to EB06,771 Qtr24". iKre•$ing by £15.229 to £323.$801. and creditors decrgasgd by £620.570 to £1.938.731 12024-. de¢rea5eL ty £404.484 10 £2.559.301} . This is pnmarty a1bled to the fact thal a substsntial poriKJn of the pruiecl work occurs during the school's Sme( hIdaYS. and supkther invo$ typtJtyarri¥e in Auwst long temi demont L)F Ihe prth%sin lof the fvttxe payments of the dekrt recovery lÈty on the support stsfF defined benefit peiBh 5theme d¥r¢ased to e114.772 12024.. £179.627) as a re$t ol a re¥auation IA Seplernber 2022. Thi5 15 detarted lurther in Note 21. Tr School had a nel Cash OLlffDW from operating 3cbvitye5 of £1.348.358 12024.. EI,119.5681 and Ihwe was an inlkn¥ from n¥e$ting actities of £603.509 12024.. 11.817.n41. The lotal net cash outfttrwwas £744.84912024'. ihe lola net rash inflow was £453,457). The Govemor5 aim 15 to have free reser¥es of a mirrirnum of 10 wk's expendthjre. approxirnatety £l.S miHb]n, availabla to cover the worst case scenario. At Ihe Balance Sheet date free re5er¥es amounted to £25,TT1 12024: IrwatNe £4192151. 11 is the Go¥¢rnry5' to seek to mob to genwaDng a surplu5 on tho SGhwl's so Ihat Ihey can cre Ihe resen$ althe slated kvel. * RISK MANAGEMENT The Board of Governors hdS Ldfrmate responsiblty lor oversn9 the risks laced by the 5¢hool. D.¢trdy DP8ralonal risk m3•agemert ts dewted to the FwAnce & Commerty4 Commillee and the Heallh. Sa18ty & Environrn8Tht Commrttee. Rot%1 wocdures we thntfy. evuat•. manag8 risk acmss the Dl9anisath?n. Key ntrol mecanisms in(•.. . Form81 agend85 for all Board and Comfflrttee meelK45 . Awelkdefined committee governance stnxiure . Clear orgathsaiional h&er7Athy and Port Lws . £¥plicffjy ouuined ddegated authorrl . Comprehensi¥e aal controls, inch¥Jry bolh lry and 5rt4Brrn foreca5tir¥J rnonthty managernenl Page 14
HUUIE GKIIIMAR SCHOOL IA dwrftatsle ¢offlpany guarnnts•l GOVERIIORY REPORT IC014TINUEDI FOR THE YEAR E14DED 31 AUGUST 2026 STRATEGIC REPORT Icontlnued} Achievernents and perfonnan£e Icontinwdl rertErj . Statutaryvelry arKI recruthient procedures lo safeguard chiklren . RegtAar ieview of strWi¢ risks and Ihe elfe¢b¥eness ol assotsated contrd measures . Medwnblerm Iralegic pJaMin9 lo ant?paleand ryepare fw futwe thaUiges Thp Board ha5 c¢ndu¢ied a delw"IEd assE55ment of the Schod'5 princi)al 5trgie risks and eslablished struclured risk alysIS frarngknxk. This tre4TYk 15 reviv re9ulaty as a stanth.ng item in Board rneebn95. The current ecornmic dvmale. issues rd3ted to the of IN¥W. nU&S to affed pupil eTrrolrnent. and fernains c&Jse obsewat•JrL The Govemots have idenifftd thp lolmng a5 the most svJnK¢arf rkS uJrrenty kn'ng Ihe S¢hool.. . Pup'l numbers . Regulalory rnF4ra For e&h of these areas. the potentwl risks h8 been anaysèJ. th"r p)ssble irnpacls assessed. and Ihe existing corArots docfftented. Where rsary. athlknal aclw the ten proposed to further mibge tr$9 risk5 an& strenfvn Ihe School's rèslience. Regulatory eornpliane• The School has an eslablLshed a prDtrth for Ihe Senh)r Lea¢Jer5hip Team and the Board tD oversee 3nd endcise regulatory prerequisites The law5 ar¥J regLrt3ti5 we ¢onsJ2red in this context for the UK operatJn5 wÈre The Educalitir7 (Irpeftd¢nt ScPwl Slandwtsl R317$ 2014. Gentrr Data Prottdion RÈgulation IGDPRI. Healh and safety legi•1. TaXa)ft islatton Efflpkjytnent legislart. • PLANS FOR FUTURE PERIODS The Goverm15 have i1entird fi¥e pbwjial componen15 Iha Schoofs strategic pLan Ihafwl shape ts fuknfr de¥elopmenl. eMpaSs.. 1. Marketing & AthINsslons conth.nue to Ist the sthots r¢putap)n knattfa¢l arwj reta¥1 a dr4erse tanted $ent body. 2. Publie Benefft & De¥elopm•nt Enhance Ihe xhod's role imp8¢ wthn Ihe widw commwity throu9h outreach servre iF%liab. 5sile le¥eraging alumni loc4. na110. and glob Qne(on5 to ¥wea5e fvJntha'$iAy. improve put4 tenèfil èffort5. and enrth Ihe exPe of 51ud)t5, 51aff. ar parents. 3. Pastwa & Pupd wb1Y CrEate a supportprt and tilVY(thiient Ihal promol¢s th8 mw)t31. 8fflotvnat, physKal w¢lkling al sludents. Qualty of Edy¢atlon Ennance Ihe quaty gfieathing and t1rry io Thkyovè sttKlt outceffts xross al subpc 5. PaTrnts. Carets & Supporters En5urB thal parert5 r¥rws Supp18. rnrnMunt8 Twth rewty aTxI elfeciNely. arKI thai the cdtacb"%e inlhJerK8 is harnessed throuyh the creationaThJ inpltsmertstson of a new Parent Assoaation gTQUP. These elements e¢by defino our sIrateg paih lty 0 51K(¢$5(ul and progres¥r¥e future. Page 15
MULME GRAMIAAR SCHOOL IAdwthble company lirnknd by 9uaAnt••) . GOVERNORS, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 202S STPATE¢>C REFQRT Icontinwdl A¢hleveff•rts and p¢rfomun£È Icontthiwdl • FINANCIAL RISI( IAANAGEIIENT The Gowernor5 have ccTrjled a Ih¢)rough •s$¢55menl of Ihe key iisk$ la¢irvJ Ihe Sthod. w4h [CUla1 amenlion lo those affecting opeiational eflectvierss and finaal 5usiaThbthty. This revw consider5 a wide range ol inlewnal and extern lactor5. ndudin9 ItLKlualion5 in pupil enroknenl. ¢han985 lo governmenl ILffiding or policy. ifjftalionary pr8ssurs. and Ihe increasing costs d slaffwyj and laciits mana9omnt. The Govwnor5 are confthnl Ihal 51Ton9 governance slructures. ri9ofDU$ lnIer1 conlrc4s. and effecti risk management procedures a in ace to identify, rnonilor. and rnrti93le polenlial risk5. T09 regular rev cydes aTrJ robu51 reporliTrJ methanism5. pm[g9 dwl•rJ95 arg addT$$•d prornplly. 8n5uriny lh• Schoc4 remain5 a91. re5ihent. and welrePared to 5aleward rfs lOr#J-1e slabthty conlirned sucress. Approved ty order ofthe memteis ot Ihè Ix>ard vf Go¥emors and on Iheir behawby.. ¢tsLL Mr G Wheeldon FkD Chair ofG•¥ems Dale. 5 February 2026 Page 16
HULAIE GRAMhTAR SCHOOL {A ¢haiilablt ¢ompany Imltrd by guaTrntr) INDEPENDEwf AUDITOR'S REPORT TO THE MEMBERS OF HULME GRAMMAR SC1400L Opinion We ha¥e audited ble finar ststemerns of Hulme Grnmmar Sctsjd tthe 'tharrtat4e cpmpanll for Ihe year ended 31 August 2025 which Gornpri5e Sialement ol ffinaal a¢$. Ihe ance sheet, the Statement of cash flows antl the related notes. indudirwj a summary of siwfftanl ¥£ourng pelioes. The financial repthting frarnOrk that has bepn apK4iEd in their pt8paraTr $6 3rWicable law and United Kwvjdorn ArUntIng Slandar¢s. Financial Reportir¥J Stsndaid 102 The Finanoal RePth Standard ap1¢ae in th¢ UK and RebI of Irdantt Iunrfed KJng¢Jcxm Generalty Accepted Accounlig Praclicel. In Dur opinion Ihe firla1 statefflents". give a true and fr vw of Ihe slate ol th¢ tharitable cornpanys aflair5 a5 al 31 August 2025 and of ts incorning r950urc85 and aPat of resowce5. irr1r9 ts irKom¢ arJ expenditure for the r Ihen ended.. ha been wJ¥erty prep¥ed in •Et¢xdarK• wilh Uftrfed lfjngdom Genèraty Accepled Aunting PrXli". and have been prewed in ac¢udancewith the reqwements ofthè Companies Act 20)S. Basi$ for oplnion We conducted ow drt in 8ccoré?nce Interrwliond Standar05 on Auditing (UK) IISAS IUK)) aTrJ applicable law. Our responSleS under those stan¢aTds are further de5crthd in Ihe Audrtorfs responsibilits.es for the audit of Ihe finanoal 51pmgnt5 5gdion of our rgw>tL We are independ1 of the ¢haritable compary in 3cGordance with Ihe ethical requ¥ements Ihat are refe¥ant to our audrt of the finzmal 51atèrnents in the Unrted .gdom. irKludiro the Financi Repor'ng Councifs Etht¢al siandard. and w" have hdflled our other ethical responsibjibes in xcord8nce wilh Ihese reqL1rernen We bej1 Ihal Ihe wdil evidence we have obtwned i5 suffitient and approprwte provKle a bas fw our Conclusion5 relatin9 to 901119 In audil'ng fan(la1 51ateTDents. w¢ have wThJu¢J8d Ihat thE Govemors. use of the go¥w concern basis of accounting in the preparabon of Ihe fInarK1 slalements Is approwle. 8a5ed on the work have perfonned. we have not identtfied any rn8terial uncertainties relaling io events or condition5 that. indiMduHly or cdlertivdy. may ca51 5wJnikanl doubt on chatable ¢ornpanl5 abilfy lo conbnue as a yo1n9 concem foi a pemd of at Jeast nWDths fmm whèn th8 statements are authorised f¢r kssue. Our responsibflits.es and the re5ponsikn.b1S of Ihe GONyn ilh respect Io gjng concern are ¢Jesuib8d IN IEIEvant s9¢tMS of Ihi$ WDrL Page17
Hul GRAIAklAR SCHOOL IA¢knarftable ¢ompany Ilmlted by guar4th1 INDEPENDENT AUDITOn R£PORfTO TrIE MEAI8ERS OF Huwe GRAIIAR SCHOOL ICONTINUEOI Oth•r Infomwlion The othèr 1nfcrna1 thè infcrfrnat ir4uded in Artrtual rowt ¢th•r than th¢ financ $tal•m¢nts and our Auth"loffs report thereorL The GoOrS arè rèsponst4e for the other Inforrnat]n contaird wilfv'n Ihe Annu report. opInn on firwThl stat•menls t)es not ether thè othgr inlormabon and. except to the extent olherwtse explrrtty sled in our report. we th) not eXpsS any fom of asswanc8 condusion Ih8reon. Our reSpOnty 15 lo rezd the Dt rfwnation and. in oorrvj so, WJr vAEttwr otlr inlormabon 1$ rnalerially inuJns&8tent with Ihe finamal stslernenls or wr kTx4ed9e otrtained in the course of the audit. or othernvtse appears to be mater• misstaled W we su¢h material I$n¥14nti$ or apparont material misslatements. we are required lo determin wtheiher thts gr$ rise to a material misslalernent in the financial statements themSee$. If. based on the wort we have perfomed, we coKud8 that ther8 15 a m8lerial mstateMentOr lh other infofflwtiun. •e reqwl to rewt Ihat Ixt. We have Tr)Ilwng1o repcrt thi5 rwd Opiniun On oth¢r prp¥cred bythe Conynles Act 2006 In 0r r•InK. based on the work Lth)rtaken in kne of aJdt the Inlormaiion gwen in the Govo_m¢ys' Rert mduthng the Str812gtc Report for the finanual year for which Ihe fThnc¢al slatement5 are pwared ¢f•n5iStenl with ihe fnanc4al $18lemenls. the Go¥ernors' Report and the StralegK Report 17ave been prBpared tn accordarKe with apFli¢aOkn 10901 requtrBm8nts. Matters on which we •r• r•quir•d Qo by w•ption In the Iwjhl of our kThM4edge and W¢j5ndr9 of Ihe o)mpw and ts emronmeni obtained in Ihe course of the autht. we have Trjl Jenbfied ¢natefd mi55tements in th8 Govern8. R8PTht indudiThg Ihe Strategic RepDrt. Vve have Th)Ihing to report w¥ resp8cl ol th8 foloiVJ ma¢iets rdattyjn to whith Compan$ AGI 20(A re4uires us io report to y¢u if. in wr opirdon: ad9qualg accoun1¥ r8cw15 hav¢ rnl bo¢n kept or relums adequate for our audit have not In receivod frDm lTrn¢hps nol wstted ty us.. or th• fan081 51emenls are not kn agreemert*ilh the xcounb.ng CordS and relLrnS'. ar f£rtain disdosures ofGoverTh)rs' Mune{abO specffied by I are not made,. or e Nive not Tecaved all Ihe information aTrJ •xpIanatsLWe requ¥8 for our aud Page 18
HULIAE GIIWAAIAR SCHOQL IA¢harilable lirnited ty Intee) INDEPEND AUDffoifs REPORT TO Tk MEIIBERS OF HULME GIIAIAMAR SCHOOL IcoNnNUEDI R¢spMslbilittes ¢lgov•mors As explaingd rngrE W Jn lh• GOverr$. re5ponsibiW'8s 5ts1enrt GDbwnor51tho ale 0 the director5 of ¢he charaNe company for purwses of tompay lawl are respon5JNe lor the weparation of the financial StatneI$ and lor beit¥J $th"S thal they 8nd fair wew. aThJ for such jntern ntr¢I as the Governors deierrrNne is necÈssy kn enabk tht prep¥aon of fmncial ststements that * fra0 from mat8ro1 mstat0Ment. whether to f[81 or errDr. In preparing Ihe fancIal Sr3teffnts. thb Governor5 are reswsible lor ass2S5ing Ihe charpiable companvs abilty to contsnuo as a going concern. di5d051ng. as apphcable. m311ers rElaled lo going conrem and using tho going c4ncern bass of ac£JJwting unless kne Govemors eiher to tiquKlat• the chaftlabl• company or lo ¢ease operatKins. reali8ti¢ rnative l)ut to thi $0. rewnsibrfblis forth• •udlt of th• finan¢•al ¥tst•nwnts Our obpdi¥es ats t¢ obtwn wasmabk •SSLtsnce abrrt whetlw Ihp knarKial $141omo)ts a$ o who1¢ a fr¢¢ from mater1 ryMS51aternent. whetrer ¢lue to trawl or error. and lo issue an Audilofs report Ihal IndLJe5 OW opirriDn. ReasonaNe as5Lnr? Is 8 b¥h level of assur8r. but is not a guaranlee that an audit conducted in acrordance Mih ISA5 ILIKI thays eeted a matwial mts5tatement when it iSt5. Mis5tatBment5 can arise frorn fraud or eor and are c¢xsDlered matwial if. indMduy 01 in the ag9regale. Ihey co(dd feasooAbly be expÈcted to influence the eCOncffl decIsnS of users taken on the ba5 01 Ihese ffinanaI statements. Oetsils of the e¥tenl to wbith lh8 8udrt Wa5 COl¢J¢red rapable of dting Irr•9t, in¢ludiny fraud and nondt¥Jrnpliae with and regrnda1K are set out belrr. A lurther Je5¢riPIK)h of our resrKwtsiblit¢s for aud(l of the $taternenis is lo¢ai¢d on th¢ Fin¢ RepoTr9 Cou11'S website al" wvhv.frc0ry.uwas1tQeSpoThSib1ltle5. Thk4 d•5CriPtv)n forms part of our auditorfs rewi Exl¢ntto whkh the auditwas con5idernd capabk ofdet¢cting iryegularitses, includinq fraud Irregu13rities. induding fraud. a of noti<ompliano wth kn and ¥al$. We design procedures in line with our resp0nsitilrf$. oudined at4)ve. to delect material misstalements Wl T•sped of irrÈgularitièS, induding fraud. The extenf to whirkn w pro¢fjrn ¥r• capatlÈ of dete¢bng KdanI¢s. incluory ff•Jd ss tailed belrv'. We obtained an un¢Jersiandir¥J of Ihe le9al relatOry tr0rk5 wIn whth thantabk ¢ornpaDy ¢Jperates. foryjsing on those laws ¥rKI regulab'on5 that have a (threct •fFtcl Oti the detefrnirtati ¢f material amwnts and di5cknsures in the finanoal statements The laws and regdai•Jrbs we eonsidered in this context were Ihtr Cornpanies Ad 20(. taxavtsn Iw¥alI0n. iogether the Chariis SORP IFRS 1021. We assessed Ihe f¢quired Complian with these knvs and regLAations os part of our alth ptucedut95 on tho rdated finanGi4 31atemefit item In addition, C(lde pro¥i%H)ns of other laws and rewlaims Ihal do have a diied effeLI on the finanual statements bul compj1ae wth wlmth MWI be fvndamenial to the chable o)mpans alty to operate or I avtsd a materta penalty. We also consided the opportwth5 and in¢entives that may exist wthin Ihe challiable compary fraud. The laws aTrJ re9al0)n$ we wi tli5 context for the UK apèratons were The Edts.0 undedent SLool Slandds} R¢9atrOn$ 2014. Ernpbyth legislat1 aTrS HeaNh and Safety legiatiOn. Aurf#ing stsndarth fimrt the qUired tr) *Jertfy nor¢1.8rrn WI these laws and re9all0$ lo quiry of Ihe Go¥wTr)rs and other manag•rnenl al in$pection of We94b)ry and legal thrre5pondence. rfany. Page 19
HULME GRAMIIAR SCHOOL IA ¢ompany limFted by guaAffit•tl INDEPENDeNT AUDrroRS REPORT TO THE MEMBERS OF HULME GRAMMAR SCHOOL NmNUED> We identifvd Ihe greatest risk ol malerèl •mpad on the finantial statemerts frarn irregL4arities, induding ffaud. to be tffl other income recogritsed in the year for existence. completeness of donal incoffe and override of controls by manayÈmÈrt Our audit procedures to respurul to the58 n$k5 induded sample tesb.ng the other income streams 10 supwting evKl¢nc fvough tts bank. enquiries of management and Ihe Audit Committéè about their own idenbfKalKJn and assesOnI ol the risks ol irrWA0r"e. lestiAg on Ihe posting ol journal$ that meet eLtr risk criteria, re¥%wiThJ accounting estimale5 IDr kn'a5es. re¥ rewlalory Corresporence wrth the Chanty Comrniss5tsn and Independènt SclM)ols In5pectOfal¢ and r¢adillg mileS of rneetings of Ihose charged wilh gxémancè. t11 to the inherent limitations of an audit. thero is 2n Urlolab rsk trat we may not have detected som? m3teri81 Missernents in the frnanei21 slaternents. even thouyh we havo property pL7nned and rfOrmed our aLklit in acD)rdafjce auditing 5tand•ds. For exawe. the further rerrthed Tron-cuDplYance with laws and regulaih)ns lirrogularitiesl ks from Ihe events and lffansa¢tons reflecied in the finan¢Aal statements. the le$$ likely the inherenly Imilpd proced4wes req¥ed by 3¢JthtWlg Standwds would identify In additk?n, as with any audit. Ihere rÈmamed 8 Iligher risk of non-detecbon of IrregulJibes, as Ihes? May in¥oP4e collu5Kn. lorgery. mleniana1 Orni5sion5. MlepreSenta1)n$. or Ihe 4MrTh3e of ternal ¢wtrd5. We WE fK)t responsi8 for prOvenn9 noncomrance and rannth be expected w aeteet rhyKomrAyarte with a LThvs and rE9ationS. A fvrthef d2sel410Tr of ow responsknkn the ol the ffinatKI slatemerts 15 hicèd on the Finsncaal Reporting Cow1,5 website at ¥Yrn.fr .uklaLNJilorsres onsiblilk8s. Th$ de5Gription forrns pari of our Authlo¢5 repofL V$¢ ot our report TFy5 report 15 made to tharitae tornpwrfs memiws. as a bDdy. in a¢¢¢rdance wth Chapter 3 of P1 16 of the CompaAes Act 20 Our audrt work been undertaken so that we mwt slal8 lo the Charitable comp#nl5 mèmber5 Ihose matters we are required to 51ate to them in an Auditorf5 report and for no Olher purpose. To the f$1 ¢Xl)l pemirttÈd by I. we do not accept or assume responsbi Ilty to anyone other than Ihe charitable company and its rnembgr5. as a tothsf. lor OL¥ aud work. for Ihis weport. w f¢r th• Opinio V+ have forrned. Cm(Le LU. Cttywp U.K LLP Statutory 3rd lo¢¥ St George5 House. % P9tw St. Manthe8¢er 23Na Dale.. 12 Few 2W Pa9e 20
HULIIE GIIAIIIMAR SCHOOL IAcb41ilablo G¢MllPW lirnitod by guaTrnlw•l STATEMeMT OF FINANCIAL ACTMTIES (INCORPORATING INCOME EXPENOITURE ACCOUNTI FOR THE YEAR ENDED 31 AUGUST 2025 Totsl funds 202S rtds 2025 nd5 funds 2024 2025 2025 No Income and •ndowrn•fits fronK School fees Anallary trading Grants and donation$ In¥estmenl incom• Other acb¥ibes 8.41S.514 601562 520.241 20.670 707,697 8A85.$14 602.S62 693.899 98.261 707,697 8,686,958 596.459 Z04.698 86.320 135.722 17J.658 Tl,591 income and endowments 10,33884 251249 10.587.913 9, TIO. 157 Expenditure on: Chantsble actNitie$ 10,010.698 lQ4.547 61616 10.907.861 I1.1.719 Totsl •xpenthtiw• 1D.IMO.698 80£547 62.616 10.907.861 11.591,719 14et Incomellexp•nditurel before net Ilo5s?sllgains on InvestThnts Net Ilossesygains on invfslmentS 29S,986 1553.2911 162.5161 1319,9281 {7.791,56 189,5221 189.5221 7.395 Nt rno¥meDt In fvnds 295.986 164U201 162.6161 1409.4501 (1.521. 1fj71 Rpconcliation of funds.. Totaf fund5 browt f(Thard Nel movement in futhls 4205.691 295.986 1.065A37 16418201 1137.944 162.6161 7.409.072 8.930,239 1409.4501 {1.521.167) Totsl funds Garrd forw•rd 4.501.671 421617 1075J28 8.999,6Z2 7.409.072 The Statement of FlnarKialActiV.es Inr*Jde5 an gzin5 and losses recogni98d The Tv)le$ on pages 25 10 47 frrn part ofltwe fiAwtyal sialwner Page 21
IIULIAE GRAWIAR SCHOOL ¢harttable eompany lirnlted by 9uaf4Al••l REGISTERED NUIABER: 06125927 BALAKE SHEET AS AT 31 AUGUST 2025 2025 2Q24 Fix•d •ss¢ts Tangibfe assets In¥e51rnents 6.356.643 1.549.559 6.568,26Z 1.848.886 10 7,9D6,2Q2 8.41T. 148 Cwwnt a$s¢ts Deblors Cash at bank and n hand 606.7TI 425.38Q 323.980 f.Z7T.745 1.03L151 1551.225 Credilu5.' amounls lal)4 due ihin one y•ar 12 11.•85.94n (2.431.728J Net curr•nt li•bilili¢s 1854,7961 (880.503) Toial •ssets less curr•nt &"•bl•S 7.051.Mfj 7.536.645 Cieditors.. 0nIS falir¥J aftei more Ihan one yeai 13 151.7141 f127.573J Met assets •xcluthn9 p•n5ityn 1 6.999.622 7409.072 Total npl assets 6.999,622 7.409.072 Charity furnts Endry4Tnent knds ReslrKled fuTrJs Unre5trKed h#wJ$ 15 15 15 2.075,321 422.617 4.$01,677 2. 137.944 1.061437 4.205.691 Totsl fund5 6.999.622 T.409.072 The Govemtys a¢kr Ihew respoD5•iihes lor with thp reqvw•m•rts ol the Aet wrth respe£t to a¢¢ounlffl9 recordsand PrepaR. ol statements. The finzrKd slalements approbed and aulhNtsed for i55ue ty the G0MOr$ on anrl syaned on their behalf by. 5 February 2026 'JLL VJ6to£ Mr G Wheeldon FloD- Chaii ol Governors V Stothev. G0veryr The on Mes 25 to 47 ftyrn part of these fmantial statements. Page 22
HUUIE GRlIAR SCHOOL ¢haritsble ¢omp4rry limiied by9u•ranlel STATEIIENT OF CASH FLOWS FOR THÉ YEAR ENDED 31 AUGUST 2025 202S 2024 Cash Ilows from operdtlng adiYltl8s Nel cash used in operab.ng acliwtses 11.348.3581 11.324.2671 ¢a%h flows from in¥ting •cts"Yilies Investment income rttwpts Pur¢hases (or tan9ibte fixed ¥s8ets Purchases in 5haTes and lon9 lerm depost5 P¥¢Geeds from salt of invesbmenls Proceeds frorn Sa ol fLxed a55et5 98361 86.320 1370.6791 1494.133J 11.4BS.946} f4.805.044) 1.75Z.767 7,03Q.581 609.106 Nel cash providèd by in¥•¥lkn9 •ttivilies 603,509 1.817,724 Cash flows frorn fin•nclng activiti•s Ilet ¢ash pro¥lded byfinanclng acb¥its Change in cash and cash equlvalents In thè year change in cash and cash ewmvalents dn9 Ihe 1744.8491 1,22724S 493,457 529.090 Cash and eash 9qwl•nts at the of the y84r 482.396 1.022.547 Tht tt>res ¢n pa9es 25 to 47 form part olthese fin[ slatwnenls 2025 2024 Rq¢oncilialion of net income ts nqt cash outAow frnm opwaliny activities Net outgoing restyjrces Investment kKom¢ Net IganslAos5 cn n¥estmw)ts Ow¢i8b"on Profit on sae ofas$4t tlecreasellincreasel in deblty$ IDeuea$e1firea$e in ejedito IDerxeasellirKxpase in Iw lerm h.ab 1409A501 {1.521, f6TJ IY8.2611 186.320) 89,522 (270.395) 515J57 471.3g9 IS42.16S1 12B2.7911 IS44,7811 5.7891 11S.229) 404,484 f102340) 11,348.3581 (1.719,5681 Page 23
HULMe GRAIPAAR SCHOOL (A¢l4rilabl• Gofflpany l¥d by 9uaranlee) STATalellT OF CASH FLOWS IC0è4TfNUEOI FOR THE YEAR ENDED 31 AiIGUST 2025 2025 2024 AD4ysls of cash and ¢ash eqyi¥alents Cash in harJ?r*J at bonk Deposit5 46S,003 17.393 1,211,628 15,617 482.396 1,227.245 Page 24
HUUIE GRAIIMAR SGHOC IA¢haritsN• eoffyany limlted by guaraTrthl IIOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 ¢otsnling policles 1.1 cortvention ThE finaal statements ha¥e been prepared li adance ryth the Companies A(a 2006 and th• Slaternenl ol ReaknmerKled Pr4ctre applr4blE to charths preparing thwr acrnunt5 w accordance Ih the f inancial Rewhr¥J Standard applicabbe in Ihe UK aTrJ ReputlK of Irdand IFRS 1021- effecti¥e l Januay 2019. The fvnclb)n21 rjfftncy ol ts sc is cDrtsKlered lo bt GBP because that ts the Cwferry of the The accounts are drw4¥n the hi$iorical (J)st basis of accounbfN. as mothfied thg walualion of inve51ment pfopeitits aid other inve5trnerts. Tho Sthoth is a 8en¢fil Enkn"ty rtyistEr¢d as a tharty in Enand and Wales and a tompany limited by gwantee. It was irKowporaled OTh 23 Fobruary 2Q)7 Icornpany ntser.. 0612592n arxl regi&ered as a on 11 August 1966 (charity numb. 12018201. The Registered OffKe is Chamber Road Ohtharn OL84BX 1.2 Going concern In accordance wrth tthr respon51rtEs. the &)vefrttys are requited to pr&pare financi ststemenls on a going concem basis. uleSS it is inappropiiale to assume that the School w tontinue in operatM)nal exisientx for the foreseeabfe fvture. As part vf this SPOnsi)i11ty. the Go¥emors ha¥e caremy assessed the se.5 ability to rnget lis fina71 obl¥Jations a$ they 1 due over a period ol al least 12 rnorth5 frorn Ihg date ol sb3r#rvJ Ihe finJKi4 statem•nis. Thè $emem$ hav b¢on Pf¢patyd on a wng (x)n¢¢rn basis. felkdirg Ihe GovorThys' expectztion Ihat Sch¢xl will conliNe to operate and generate Susta¥0 levd5 of fee ino)me. To $uppttrt Ihis e¥l. thè Schtsol has rnédeued a range of finant>al starloS o¥er the forecast period. Iu4n9 a re31isb"c worsi-ease posilion Wh lakes inio a¢courit potentyal dedines vi pupil number5, rfsing cos15. and likdy mrtigatton measures. Trustees Ihe resutts of this ork and are satisfied that theio 3r8 no mat•na unwtanties reLwlaiy to th• ScJx)ol'$ 10 tJntmuÈ a$ 3 gtsing The SclKd is stknlising fo10n9 the financ F¥essW8s arisng Irt th8 18cent VAT introductpJn and Ihc removal of charitst4È reliel on tvJsiness rales, which nKreased fixed ovetheads. In addth"on. Ihe S¢ho¢l continues lo facÈ I¥1 tost pressures. induding ring staffing and operation¥ costs. and 15 ackn¥ety reSpC1r4j tt¥ryJgh car•hJ c05t man4mEnL rneasures, and ongThng fnancial planning. Oespite Ihese chanerges. the Go¥erThxs rem the Sthoof5 proieded cash A reguirèments tsverthè rA)mNw yÈar are Conft that svfffct exists to meet obligations as Ihey fall due. ccffjfiderK• is supported by the 5tren9th of Sthod's balan(8 5httt, heathy cash r8servEs, unrtslrKted InlMents, aThJ th8 Fknned sale d surF4us estat8 asseis. whth 1$ expcctcd to fittthcrbolstercosh Ilow. On the ba$ks of Ih $Cn0 and fmncd a$sessmÈnts undertaken. Ihe G¢b£mors CaM5hler the 9ary cortern basis ol preparabtin to bÈ aFpropri. arJd ty do Mt bdieve Ihere are any material unctainlies b)al wdd cast synfficant doubt on Iht Scho¢4's ablity to continue in operation lor ts lorgseeaL4g fufvre. PagÈ 25
HULIIE GIIAAIMAR SCHOOL IA ¢lwilable ¢ompany limiiqd by guaAntre) IIOTES TO THE FINAIICIAL STATEIIIEMTS FOR THE YEAR ENDEO 31 AUGUST 2025 A¢Gwn¢ p¢tsEi¢s (¢OntIn) 1.3 F••s and similar inco F885 r0cetwde and Ch5 for Ser¥5 and ¢¢ of premk%es are zccounled for in the period in vthith the Ser is wded. Fees re¢eN3ble ale statvd gross ofthe staff miSSIonS granted by the scThool frrffi ts eStrI fvnds. and Ilude contrtsubons rvceived frorn Restricted Fund5 for Jr5arTre3. n rKorne 15 wKluded n iho Stafernenl of Financial Acbvitses when tha SclKsot is legalty entiued lothe Income and Ihe 8moJnts can be qu8Thbfied with reasona xctsrxy. If0me mainly r8presenls fe9$ eamed ui SpeCt bJitTh gNen during the ar. Fees receibEd In respert of ttjition to be gNen after the year end are in crèditors as fees fe¢ehEd adVce. 1A IThv8Stmont Iorn? In¥esbmwrt irwmg B a)unta for in the perbd (n ¥thKh the th•iiy is enbued 10 Ihe rece 1.5 OonatiOn5 and kgadea L)onal)S rec•vat4e for Ihe gener81 ol Ihe Chwty are credrfed to Unreslricled Funds. Oonations for purposes restiicied by Ihe vithe$ ol the dCr are laken lo Restred Funts where Ihese wishes are legally bnthn9 on the Governots. except that any amgunts requitpd tD be tnE as capil in accordance wlh the donors ¥rishes are accounted for instead as Endrwments - pemaTrenl or expendat4o aco)rding to natLxe of Ihe restridion. Vdunlary incoming resour¢es re ac(xiunled tr as and when entitlement arises. tho amount can b0 4u3ntifd and the e(¥jnOm benefrtto the is con5KJered pmbth. 1.6 Foundation Income from the HLdme Trust 1$ LY¢diled to res0 avalabk as it 1$ re¢eid. 1.7 Expenditure E¥F¢ndiluTe 15 reet3ni5ed as 50Dn as a Irab 15 conered wobable. discounted ks present valve foi ksrvJer-lerrn labi1ts5. The irrecoverable dement of VAT is induded wthin the item of expense to hith it fdales adNth"ps dde expendiiur8 irKurred in lurthera0 of Ihe Sehod's objects an4Y o)mprise teaclwry. welfare. prerni5es. and other support costs. Direcl 0)sts are attruled to the ielewant adiy. whle aUPPOrt costs. such as finance. human re$ource5. IT. and adminlsvatv. are Ikjcated acrtsss ac1•5 on a consistent arKI rea$orta b35i%. reflecliw the use ol iesourctt. Welfar? costs ifidudè expeTrJiture oft 5ervKes stwortwvj the Wl.j of pupils, such as cateri, the sdwl nurse. and ¥chwl counsellors. Prernlses costs indude slaff costs 2Th1 other costs. suth as mairtenance ol building$. Governance cosls indude expenditure inoTrd in meebng ¢$tub)nal and $talutory fequirgmon15 ot running the School. IJ1n9 Ine c•st of Ihe Govefr4ng Board. audil, and cornr4iance activities. Tlis apwgach •ns¥res that 1 swort and costs are faify reflected vAhin tho ¢haritabl• adMtie5 they hdp to delNer. Page 26
HULME GRlmAR SCHOOL IAehariiable Gompany limllod by guaAntwl P4)TES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED JI AUGUST 2QZS nting poli¢i8¥ (ConlindI 1.8 Redundancy paymon The scho r8CO9nises redundarKy payments a5 termmiaiion berA$ in ac£ordan¢e wth SectiM 28 of FRS 1tTr. A liablrty aTrJ correspoTrthng expense are recognised when the School is demonstiably comrnitt8d lo a lowmal dundar prtr4rzmrne Ihal rt has no realistic pos$ibilty tsf wrthdravral. The arnoJThl recegnised rellects Ihe best estimate of thp trxpeeted payments lo be made. Terminion benefits arising fv¢xn dUnd8 are presentel within $iatt ¢osts ui the financBI slatemonts. AJI redundancy sJeci5ions are subj'ect to approval by the Go¥eming BJ ar¥J tnu5t be irnplernerbted in a¢cor41an¢e with the S(M)d's ini8mal pclThs and wo¢edw¥$. 1.9 Operatirng le•• Rent45 applKable to operating lea5•s Whe substantialty all of the ri5k5 and rarrfS of gwn8rship remain wAh the $Sor are £tsged to Il Statement ef Fft A6iMbes on a 5tThghl fy'ne over Ihe term of Ihe 2$e. 1.10 Capitali5ation and deprnciation School bluldfftgs 1cm51Cted Since 18971 and have been wtalised at cost and have not been reval. The o)sts of keeping tt$e bul4•YJs •J useful coThJitv)n are writlen off as in¢urrÈd. An PurC4$e$ ofl8ngbt• assets coshng Ihan É1.11)O are caplse at cost. iecia Deprec4akn 15 wwded to WTile ofF Ihe w51 01 81 Tdevant tarJitle fixed assets less ès"matÈd residu based C Ixjrreni Mark prIS eventy over thelf expeded usefut e¢owyJmK IDies 05 fdknvs." Land and bumir 50 yea Motor velides 4 year5 Cvmrter eqLApment 4yea Fixtutes. fiminys aTrJ eq14pm•nt 10 yoars work.1prO9reSS r¢pre$efi the ¢thi of assets in dwekwent tr4t are y8t r•a¢y for use. CaFxlal work4Trprogre5s v& riot depfe¢&3ted unli rfs trwsht into Use and becornes a fryed as1, al whKh point dewecHtiDn b8gin5 b358d on its estirnated usefvl hfe. 1.11 In*m•nts Inv8strnpnts a5 fred a55els arE sfvjwn Ni B4wre Sbeel at Iheir m8rket Value at thal date. Chang05 in the ¥aluzi of wwestsDenls dumj year aiv shown a5 unrealised gains or losses. Gains and losses aiising fmrn Ihe dispo ol assets are disdosed as realised being Ihe drfterenc• behveen Ihe Sa woceeds and the market al tho beginiwj ofthe yeaf. Itwestments in 5ub5thn"•s ¥e Val al cosl kn$s Fwion for ffiparmenL Page 27
HULAIE GRAAIMAR SCHOOL IA charilable cofflpany limited by guarnnl••l IIOTES TO THE FINANCIAL STATEAIENTS FOR THE YEAR ENDED 31 AUGUST ZQ2S Acc4)Urtting poliGi•5 Icontind) 1.12 Penslttns Th• Charrty c¢nlribtrtes to Ihe Teachers. Pension Scheme at rates Set ty the Scherne Actuary and athsed to the Bcard by the Stherne Admini51rator. This $cheffle is a multrempksyer pen510n scheme. It is not wssitle lo idenbfy Ihe &hod's share of the undedwng sssels and liabiliti&s of tho Texhw5' Pen5HJn Schemt on a ts)nsistent arHI reasorkitrAe basL% and iherÈfDre the School as r8quire' by FRS102. &ctyJnts fcf the scheme zs rf it were a definèd conlribjlion Scheme. The Schaofs cOntrib)n$. are in acurdance wth the rmMeIal)ns of the GovÈmmqnt AfJary, arE chwged in the pbd fft ¥Ayth IM salaiTh lo ¥vhth Vy rèlate are payab. The Charty aso ccntributes lo a s¢heme for 5UPPOrt stsff known as the CARE defined benefft scheme whKh is opeiated by Il Pension5 Tru5L Pen5W)ft contribLs are ¢harged again8l reveTh in the year in Ihe14qlx1ity arwa. 1.13 Fwnd accounting Funds hekl by the Chartyare.. Unrestricted ggneral frS - these are funds Ihat can be used ffj xcJJnlance wih the charitat4e obj&ls at thg discrttion of the Goverrtyys. Re$irithd luTrJs- these a that cw be used for partNxJk¥ $tted purpDses lwihin the objxls of the Cha. RestrKt arise when specffjJ by Ihe donor 01 wIn funds ale raised for particular restricted pwwses. Endued Funds- th858 fijnds represert the origna eThSuments. 1.14 Financi•l inslruments 8ast n£al insknjments are irulr recwised at Iransactiw ¥au8 and sthsequenly rneasur at amLtised tosl wth the excepbon of investments are hdd at fair value. Financ•al assets hdd at aMS¢d cost CDmpri$e ¢ash al bank and hand. logether with trad¢ and other d•bior$. A 5pEcific proMs)n is made for debts for whh recoverabilty Is In doubl. Cash at bank and in haThJ is defined 35 1 cash held in instani access bank ac¢ounts and Ltsed as worknng capital. Fina131 Irabililie5 held at amort15ed cost comptw all cr9ditors gxcept 50oal secwly arKI oth•r taxes and prowision5. A$5els and lthdthes hdd in ILYeign currerKy are translated to GBP at the ance sheel dat¥ at an apwopn*¢ year end ex¢harwJe raie. Page 2
HULAIE GRAMMAR SCTrIOOL IAcharita¥• ¢ornp•ny kniited bY9arnts¢) IIOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOEO 31 AUGUST 2025 ounting polKi•s (cotinued] 1.18 Crfll¢al aceounuw judgewnts and kny $our¢os Of •stvnatloD un¢•rtalr In Ihe ap11calm of the aCcoW1n9 "e$. Trnslees are requi to make judgement. ests"rnates, and a55umptiorts abtyA Ihè carrywig of assets and liabl1t5 that ar• not rèadity apparerst trom other souices. Tha e5Lmates and undtyry assumpims are ba thi $tOrIcal experience and omer lactgrs that are condered lo be reknanL Adual resuhs may ¢thffer from these estsrnale5. In preparing Ihese accounts Ihe Tru51ees have apptped such factcrfs n Nidging recoverablity of debtor$ so that a pslOA for dOUbtr Ilebts be estimal 951imal•s and a55umplW are on an ¢Ing basis. Revisio to accounling esl#mates are recogniseil in Ihe period In wh& Ihe estWDate Is revised rf Ihe rewsion affed$ onty tha; pefwjd, or yi the period of the re¥ft and ftrtwe periods rf the reVon affected ¢wreni fvturé p•riod$. In Ihe of the trustee no assumptws concernirvJ the fubjre or estirnatn uncertainty affecting a$5e15 or Ira5 * Iho balarKe 5heel d3te are IIKety io re5th a rnalw adjustrn8nt lo Iheir carryin9 amounts in Ihe next finznoal ar other than the prwsion for tke pension defithi levy. The S¢hwl has an obb"gatn lo pay ¢eftst fvndiro ¢Mlribution$ towar¢ts the Support $taff defined benefit pensvJn plan. This provis 15 deppndent on a rnjmber of ladors IndudirrfJ discDunt rate. lile expeelancy and as valLialKTrThS. The assurnptws reflect tsslor41 expenele and current trends. School f Unrestricted funds 21+2S Totsl funds 202$ Tot81 fund$ 2024 Gros5 tuthn fees Less." Fee diKwnts Less.. Total bursar. $¢holarsI4p$ and althan¢es 8.811,477 ,811N77 1118,004} 1118,0041 1207.9591 IZ07,959 9, 159,563 (142,6901 {329.9151 8.485,514 4.485,514 8,686,958 Pa9e 29
.HUU4lE GIi•MMAR SCHOOL- ::. A charttsble Company tilld by guaranteej )..[ IIOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIIDED 31 AUGUST 2025 2025 2024 Tolal buvsadès. scholarships and allowan¢ts comprised: Tolal s¢hrAarshrps arAI •low¥$ Bursaries paid by restTrd Hardship Fund 11.012.5061 {1,094,6191 804y7 752. 104 12,6Li7 1207,9591 (329,9151 The Schocl has reduced the k¥el of L¥Jrsawies awarded compared with last year in order lo ensufe thè Jstairth"Ky of ils finanos fft thè fa¢0 Ofiry OPBraliwal a[ 5kffw costs. Ancli lary tradin9 Unrestrlcted fuThd5 2025 Tolal funds 202$ Total 2024 After s¢hocl and other School mes Bus lar8S Entr¥Ke aTrJ regb5trabon f89S Couraes. eXamli0n fe*s arvj S lett Trp irKome 28.107 243.231 66.871 12.370 203.649 28.107 243.231 66.871 12.370 203.649 48.334 40,430 247,867 77,620 10,920 115.679 103,943 602.56Z 602.562 596.459 Grafftts and donati¢5 Totsl funds 2025 Totsl und5 fvr 2025 2025 2024 Foundats"on ALcwnt Donation5 Gfants 520.241 35.674 137.984 555,91S 137.984 71638 111,534 520.241 173,658 693,899 204.698 Page 30
HULIIE GRAIMAR SCHOOL IA¢lwilbl comMn¥ I¥ited by guarantr¢l NOTES TO THE FIWANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Inv•stm¢nt in¢>n¢ Total fund¥ 2025 fvnd$ 2025 funds 2024 25 Incorne from qucled investmert¥ Irme Irvm cash d9W5iIs T7,591 77J91 20.670 66. T15 19.605 20.670 20.670 n.591 98261 86.320 Other Inrning ¥Vr¢t3 Unrnstrithd fvnds 2025 Total fun 2025 2024 Mk8cellaneoLts inc•rn• Irrteresl3nd account rharges 690.804 16.89J 109,997 25,725 16.893 707.697 707.697 135,722 The signrfitsnt fftcrease in mis¢etLoneous irtome is pnmarfy t¢ £540.Cw)O pr4reeds from Ihe s of a buik"ng'. excluding Ihts. miscdlaneous irrne ts bro• in line ryth Ih? pmryear& Pa9e 31
HULME GRAMPIAR ScFKL IAdrable ¢ompany lirnited by guardntrt) PIOTES TO THE FINAIICIAL STATraENTS FOR THE YEAR ENDED 31 AUGUST 2025 Staff eosts and nlal•d party Ir¥nsaGtions 2D25 2024 Total staff ¢o$ts ¢omwi¢ed: Wages and saries Soclal stjn¢0sIS Penstan conlrfbuoons 5.118.708 61¥.628 1.a21.650 5.9x1.394 571,858 1.015. 125 7,451,996 7,537.377 202$ 2024 Aggrog21e emFlotree benefits olkej perso11 979.721 853,561 979.721 853,561 The kty managaneffl Fefsonnel in Ihe note above consists oflhÈ sen Ltad¥ship Team. The a¥eièJè Nmter of employees H) the year was 183 12024.. 215) of whith 74 12024.. 11X)I were teachiry 5tsff. Nether the 9)¥errlS nor persons connected 1h them received any remwJeratK)n. £1.481 of Iravel expenses were reimtwrsed lo Ihe GThlecr5 dvtty th2 ar{214.. £nJ). Induded within the Wag85 and saaii8s wsl is £199,8Z3 (2024. £39.840) relatin9 b) redundancy paymnls to 2D (2024." 5) unployee No amwnts related lmirtalFon payments were )Utstin9 •t 31 Augu512025. The number ofempw reCed rtmuneraticffj in th fdhMTrJ band5 was.. 2025 3024 More thzn £60.OCQ tJt lessthan £70.000 More Ihan £80,OC¥) trrt les$lhafi £90.L Mor than £),oC4) 5$ t100.(¥J) Mort than £1{KI.( t•Jt kss than E120.OryJ . The nnbel ol hightr pad ernoYeeS for wtK¢m tslw•ment benefits ar# aoyuing ur¥JBr defined b8ngfi1 sch•m¢s arnount¢d ts 3 12024.. 31. Ernphjyer ¢titiOnS for amowted to £36.886 12024.. £38.1281. Page 32
HULME GIIAAIIAAR SCTrK)OL {A¢haiikble eofflpany rnId by guaAnte¢l NOTES TOThE FIIIANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Analysls of e¥pe•dltyN ty actlvl¥es Totsi lund$ 2025 Totsl Staff costs 25 Ollw Depreciation 2025 2025 2Q24 Charltable a¢tivll19S: Te&hig Wella Premise5 468,287 Support EQ51s aThJ 90ManC• 1.354.753 Granls, awards and pri 5a89.C66 860.510 184,833 470,621 389.799 938,123 6.249,606 6,814548 521.315 522,240 1.346.040 1.553.656 1.ASI777 1,842571 938,123 764.704 407,132 108.225 Total Z075 7.548.588 2.843.916 515,357 10.907.861 11.501, 119 Tcéal 2024 7.405.788 3.624.532 471.399 11.501.719 2025 2024 Governance costs irt¢luded In sUPPOrt costs Expens8s and other costs Auditors. remuwabon 237 2S.488 2508 23.30a 25,725 24876 Tanglble fixed wtsets Frthold Fixtur•s. land and fftting5 and budding5 T¥ehi¢les C•pitsl work-i prooress Tolal C081 or valuation At I Sepiember 2024 AddilK)ns ov3po$ 1,144.094 3.621381 370.679 1121.3361 11.182.969) 340.193 12.106.668 370.679 19.106) 11.313.411) At 31 Au9USt 202S 1.122.758 210.091 251,087 11.163.936 Page 33
HULMe GRAMMAR SCHOOL IAthar#able comparry Ilrnknd by guai¥iiipèl IK)TES TO THE ANANCIAL SYATEMENTS FOR THE YEAR EMDEO 31 AUGUST 2025 TangiW• Ilxed assets lnbnUed> Fr¥•Ild Fixtijrns, land •nd IItrAAg$ and buildlng5 Clta1 work.inp pro9r•s5 Total Depreciation At 1 Septèmb8r 2024 Charge for ar On disposat5 3.24U38 1295.568 326.510 181W61 11.184.914) 4538.406 515,3FI 11,246,470) At 31 Auwst 2025 3.370.129 1A37,164 4807.293 Net book valu• At 31 Augu512025 4,754629 1.37I92T 231.087 6.356.143 At 31 Atwst 2024 5.001.258 1.32&813 240,793 6.568.262 Trys baaTrro irKfu¢l•s land arvj bul¢ty wlif* are endtyyed aMtyJntt to NBV d £1.880.740 12024.. £1.943.3561. The CAptsI .FprOv5s balw of £231.087 (2024.. £240.1931 rektss tts Ihe Art Blo¢k RefuO. H¥kne Court Refurb, and comp Lab Refwb. Page 34
HVLIIE GRWAh1AR SCHOQL (Adwllable company Ilmknd by guarnnleel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EMDED 31 AUGUST 2025 10. In¥¢slrnents Listed wvvstmtnts Cash Total cost orvaluatk* At I Sgpttmbw 2024 Addrtions Withdrw45 Re¥aualions 1.750.000 98,886 1.848.896 1A42.962 1.54IY62 192.2191 11.752.767) 189,5221 11.660.470) 119.5221 At 31 Au9USt2025 1.S49.SSS 1.S49.SS9 Net book value Ai 31 Aug[ 2025 1.$49.$59 1,549,5S9 At 31 Augusi 2024 1.750,OQO 98.886 1,848.886 VnrE51ricted Restricitd Endowment funds fvnds funds 2025 2025 Toiar nds 2026 Tolal lunds 2024 2025 Listed invesknents Cash deposrt5 194. 194.S90 131.392 1.750,0 98,886 131.W2 131.392 194.590 325.912 1,848,886 Tolal 2024 847,770 806.526 194,590 1,844886 11. D•bio 2025 2024 Tuibon ffees- Pare5 Olhef debtors 268.3SI 8.417 84,394 239,586 606.771 323,980 Page 35
HULME GRINNWI SCHOOL IA Charitable Company limrted by,guaranteel-' IIOTES TO THE HNANCIAL STATEME14TS FOR ThE YEAR EIIDED 31 AUGUST 2025 11 Crtditorn: l•lling th* within on• y 2•25 2024 Fees in lset note 18) Trade credrftys Dep05rt5 Taxab"on and secunty Lozns- Other ¢re(Itors ACcsU5 and deferwed income 546,551 694.242 154,160 222.221 .17,394 216.209 35.470 1,275.501 476.228 191.318 258.171 17,317 180. 770 32,343 1,886.947 1431. T28 Page 36
HULIAE GRAAIMAR SCHOOL IA¢hilabl• GompaDy mIted byguaA•rtwl IIOTES TO THE FIPIANCIAL STATEMENTS FOR THE YeAR ENOEO 31 AUGUST 202$ 13. Greditoes: Amounts falling flue afterm0 Ih•n one year 2025 2024 Lèase knan- Bounce back loan- Provisiw fcr dehJ"t payffnts 9320 9,622 8.418 109,533 42.564 61.714 127.573 2025 2024 Provision for pensitsn defKit levy payrnents Ided in Crerfrtors. poyaNe with] 1 yo Long tenn Iiabthty. p¥yaYe after 1 yEar 72.208 42.564 70.094 f09.533 114,772 179,627 'A Loan lor a N"nibu5 was taken out iiuring 2023 and be repaK1 o¥er a S-year Fmd, ths is a fixed late loan of in51almÈnl arn¢1 £555.69 p¢1 monih or Capital inlerest. -8ounce 108n was taken wt durwva 2020 and wfA be repaNJ over a &year pewd, this is fi¥ed rate loan of insfalment amtyJrt £887_25 per month indusNe of caprtaf and interest -"Balances have been re*ated to wpreswitthe conect •Jeing oflhe IpbIrt. Page 37
{AEtharllable compary IiLThlod by guar•n¢eel 140TES TO THE HNANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 14. Financial inslJum•nts 2025 2024 Flnancial as8•ts Finanoal assets m•aswed al amothd tost la Fina101 asws measwgj at faw vthe Ib} 600A38 1.632A84 1,399,925 1.750.000 2.232.922 3.149.925 2026 2024 Financial liabili*•S Finanaal liabilitres measfftd at arnortrsed tost (c) Finantyallobilihes rnea$weo at {d) 993.102 141.388 778,222 214.984 1.134.490 993.206 lal FinarK¥al assets indude cash, Irade and fee debiors, staff k)ans. rther debtors and acuued irtome. Finarval a5xts held at tax inthe assets held a5 inveslrnenl5. Ic) Finawal IkBts'lthes hdd * affl115ed cost IrK4ude eSIt5, trade C$edito and other credilors excluding liablitRs at f•"r Id) Financial Ik7bdilies at faw ilde lease Babknties, ban$ and oblb3atKths for dered benefit pensvjn scheme. Page 38
HULIIE GRAMAIAR SCHOOL IA¢lMrftsbk ¢0MNY Itmiled tygu•r•nleel NOTES TO THE FINANCL4L STATEIIENTS FOR THE YeAR ENDED 31 AUGUST 2025 15. Analysls of ndS Anatysis of fvnds- currnnty&gr Balance al 1 September 2024 B*nce at Gain 31 August ILo$sasl 202S Incom• Expend$1• Unrestrittsd fvn¢ts De¥l9nat•d lunds Do$ignaled Funds- a# fvnds 291.6 291.636 G•n¢rnl lunds General Funds- 7 fiJrbJ5 3J14.OSS 10.336.684 110.LIIO.6981 4.210.041 Tgtal Unrnstrictsd funds 430S.691 10.336.614 11ts.IMO.6981 4.501.677 EndowrnntfvnrJ5 En¢rr•Jmenl FLThls. all fvnds 1137.944 162.6161 ID75.321 Bursari•s & Prv£es Fwd Bury FLmd Butsary Fd Capital Prgpct Fund 754.102 18.741 1S3,280 139,J14 251249 IW4.547) 189,5221 111,292 18.741 153.240 135,314 1.065.437 251249 18045471 189.$221 42Z.517 Totsl offvnds 7A09.072 10.387.933 110,907.861) 119,S221 6,999,622 Page 39
HULME GRAMIAAR SCHOOL (AcharilblÈcomyty limrfed by guarnTrlEel IIOTES TO THE FINAMCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 15. Stalwn•nt of fvnds Icontinuedl AMlysls oflun-Ioryar September 2023 Gain IL0ss6s) 31 Au9USt 2024 Incon EXnd1• Unrtstrfcted funds Deslgnated lunds Deswnaled Fund5- 41 fiJr¥Js 304.236 (12.6GQ) 291.536 General lunds Gra1 Fd$- ai 5.Q18.428 9.527.426 (10.661.799) 3.914.055 Tolal Uniotrict•d funds 352.661 9.527.426 rqo.674.399J 4.205,691 EndowmgntfuDds En4¥vMent Funds. 31 funds 2.200.560 (62.616) 2. 137.944 R¢strt¢ted Itjnds 8ur5aFieS & PFizes FurJ 8ur5ary Appea Fund 8ur5ary Fund Capild Project Fund 1.065,680 78.741 153.280 139,314 182.731 1764.704) 270.395 754, 102 18.741 153.280 139,314 1.3n.015 182,731 (764,704) 270,395 1,065.437 Total of funds 8.930.239 9.710. 157 (11.XIy.719J 270.395 7.409.072 The Restricled Funds operate io I)d bjrsaries aThJ capita expendituro woieds. The Enthwed funds constitut* thg deprEoat8d hkstori¢ cost ol ts land and ln9$ on Chambgr Road $it• whgn tho Schr1 21Y)7. Thè Mdtrwed knd is èXF4ain#d in 23. Page 40
MULME GRAIIMAR XFWJOL (AGharflaWe cOmnY kmitsd by guaraTrt•el NOTES TO THE FIMAMCIAL STATEMEMTS FOR THE YEAR ENDED 31 AUGUST 2025 16. Summary 01fd8 Summary of funds- cuwr•nt y•ar Balan¢e at 1 Sèptember 2024 Balance at 31 Aupust 2025 Galnsl IL0$) IKom¢ E¥ponditu 085ignaled fvAds Gener lunds Endwnent lunds Ro$tr¢t8d futhls 291.636 3.914,055 10J36,6M 110.IMQ.5981 2.137.944 162.6161 1.QSS.4J7 1104.$471 2916 4,210,041 2.07S.328 422.617 251.249 189.5221 7A09.072 10.587.933 110.907.B611 189.522) 6.999,622 Summary offvnds- pnorytsr 8alaTrce al 31 August 24 I S?plembar 2023 lrtome Expen¢kn (Lossesj Designated fijnds Ggn•ral fvnds Endowrnent funos Restncted fwjs 304,236 1048.428 22.560 1.377.015 172,600J 9.527.426 (10,661.799) 162.616) 1764. 704) 291.636 3.914,Q55 2,137,944 1.064437 182.731 270.395 8.930.239 -710. 1ST (11.501.719) 270.395 7.409.072 17. Analysis It•s$ets lthen tsnds UnTrstrict•d R•strict•d EDdowmnt fun45 fvnds 2025 202S Totsl funds 2025 Total funds 2024 202$ CuTrÈnt yar Tangible fixed assets Investrnent5 Nèt ¢w¥ent Ik1185 Long term k"ablity 4.475.905 637.985 717.wl (560.4101 (294.3 151.7t141 1,880.738 194,590 6.J56.643 1.S49,5S9 1154,796) 151,7W 6.568,262 1.844886 1880,503) {127,573J 4.501.676 422.618 2.075.328 6.999.622 7.409.OT2 Page 41
HULIIE GRAMAIAR SCHOOL IA¢harllabJe c¢xnpany lifflitsd by guarnnl•l IIOTES TO THE FINANCIAL STATEMEIITS FOR THE YEAR ENDED 31 AUGVST ZOZ5 Unrn9tricl•d Rutricted Erthwment fvnds funds 2024 2024 Toia lunds To181 runds 2023 2024 2024 Prioryear fixed assets Investments Net ¢Urrefit1oithes Long term liabthty 4.fJ24. 847.770 11.139.414) {127.5731 1.943.354 194.590 6,568,262 6,545,528 1A48A86 3.804.027 1880.5031 (1. 189.403) 1127J731 1229.113) .526 258.911 4.205.691 1.065.437 2,137,W T.409.072 8.930,239 Fees In advan¢e scheme Pants may enlEr into a (¥Mtsa(a pay ts Schod in addr kfixed coniTknUwJ loardS thè tuloor) fo85 for up lo 2 years. The money rnay be retumed subieu lo speufic CondOn5 on the receipt of nc•c8. Assurning pup5 wil main in the Sclml. fee5 in thance be gpplEd as follows.. 2025 2024 one year 2 to S years 646.SSI 7, 156.472 71. 109 546,551 1.227,581 2025 2024 Summary d movem•nts kn Iinity 8alance al I Septernber New contra¢ts 1327.587 846.5$1 11227,5111 436. 179 7.205.453 (414,0511 B•kn at 31 hJw5t $45,$51 1,227,581 Pay 42
HULAIE GRAMMARSCH(KJL IA¢haritable ¢ompany Jimil¢d by guaraffttee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 202S 19. Finan¢t lease ¢omm1lm8ts T lutUf8 rninimum lease Pents uThJer r•)n-caullable opernbry leas?5 ¥È as folaw5". 2025 2024 Plant & Equipme Less than 1 year Bebveen 2 2ThJ S years Over 5 years 38.114 17.1 32,573 45,022 55.998 77,595 The totsÉ operatin9 t05t5 IDrthe )tar*re E35.623 (2024.. E45.015). 20. Capitat Eommitrntnts Al lh¢ 8alanc• dalg lh8 Sclh701 h>Y £370.CW wnmilrnents were •UtIDri5ed but Iiol aCCru12024". £n4. Pag8 43
HULIIE GRAAR scHl {A¢h•iitable c4xnpny Itrntted ty gIAnt) NOTES TO THE HNAIKIAL STATEMENTS FOR THE IEAR ENDED 31 AiWST 202S 21. T•aeh•r5 P•nsion Sch•rn• The Sch(d partwipales in th8 Teacher5. Pslon Scheme fthe TPS) for tts teachng Staff. Th8 pension charge for Ihe ypar •1¢bJées ¢ontthbons pèyatrAe to the TPS of £277,880 12024." £902.4981 and al the year-en(1 £26.67012024- £111.83¥ was accnjed In respect of contribun$ io Ihis schem8. The TPS is an unfurJ8d rNIb-gffl1OV defined benefits peTh5iOll 5chemB go¥erned by The Teachers, Pensron$ Reyulth"on$ 2010 las amendeffj The Teadws. Pension Scheme ReatiOnS 2014 las amended). klembers Djnlribute on a 'pay as 90 basis ith contrbJt+on5 frorn rnember5 and the empkyer bn9 credited to tt Exdwr. Reb"rement and other pertsJn benefits are paid by public funds prvvided by Padrdmetrt. Tre emk4oyer coNnbUt (ale k8 $W by thÈ Secffei of Stste folwNJ s¢heme valuatws by the Govwnm?nt Aduarfs Depatheni. Tne most racent actuard valLtation ofthe TPS was prepared a5 at 31 M¥ch 2020 and th¢ Valualion Report was putlishgd in O¢lc¢r 2023. The Vluabon Report shows notKsnal assets of £222.2bn and Iwtxlies of£26. re$ing in a xheme deknl of£39.8bn. The emplo Contrib. rate lor Ihe TPS i$ 28.6%. and are also requirèd to pay a scheme admini51rab.on ¢fQ.08% a tot4 emkn¢onknbulW t¥lo 0128.68%. Support siaff P•nsion stM0 The School's Sport staff pathpate the CARE Scheme whith is a funded rnulti ernployer defined benefil xheme tspernted by TPT Retrement Sttlubons. main benefrt F¢)vided by the eonlracte&otst Scheme is a pensb)n of onegl of ts memberfs Iweew average reYJlued eary¥ngs each land month$ proporbonatelyl of pen$ate seryice. The ojmpeny parhopates in Ihe Jcherne, a mUleMFoYer sciierne proVJe$ benefts to sorne 36 r-aSS0oated emF4oyws. The sLeme is a defiTred beneffl scheme Ihe Ulc It is not possitle for tha company fo obtan SU1nI infomation to enaNe it to account for the scheme a5 a defined benefft scheme. Therefiye rt actounts lof Ihe scherne as a defined cOThlribJtn scheme. The scheme is gjbject to Ihe fvndir@ regation tyJl¢ned in Ihe Penwns Acl 2004 whith came into force on 30 Deumber 2005. Thi5. togelher with IfrxLThènts issued ty the P¢n5ws Rtgylor and TKhniEal Actuanal SlaTrJards 15$Ld by the FInar0 Rtporting Councl. set tyjt the frarnework for funding deffined b9nofflopatil F¢nsFJn s(rne$ In U The scheme is das5ffied as a 1ast-man sdI[j aangeMen. Trefore the company 15 Potenbalty liable for otPw partopab.ng &noyers. obtpjatv5 rf trw)se ernF4oyws are unae to meet Iheir $hare of the scherne defiat foTrowirry wthdraw4 from 5dwme. P¥rtKipats"n9 ern4vygrs arpIgg4 tgr4uired to meet their share oftt scheme deficl on an anniuty purchase basis on wthdravral from the scheme. A luu xlu4rial for xh¢m• was ¢arri?d oui al 30 S0plemb#r 2022. This valuaticm showed assels of E49.6m. lats'ties ol £57.1rn and a defiot of £7.5rn. To dimirAle thi% fuThding shortfal. the Truste¢ has a$kgd ts pa..j empkyfiis lo pay ad(liJ"on4 ¢ontrtsuts"ons lo the scheme as fdkxs.. Daficil contribulion¥ Frtyx 1 Aprl 2024 to 31 Mh 2027: £1.672.0 p•r anThJm (payat4e monthty arKI Yre&S1a by 3.0% each year 1st Awa) Page 44
(A¢h•rilable company limknl by quarnnlèel NOTES TO THE FINANCIAL STATEIHENTS FOR THE YEAR ENOED 31 AUGUST 2025 recovery are al•d ts •ath p1it4pab"NJ emKlwr wi li wilh their ¢$l¥natsd share olthe sthme kabthlies. Where Ihe scheme is in defiut and where company agreed to a deficit fundirvJ arrangement Ihe pany gnISeS a abIllY fw thi5 014at. The amourrt iery)gn¢sed is the nel present value of the def1 reducvn ¢onthbubon$ payat4e under Il agreement that relates to the defic The piesenl value is cathaled using the discourrt rate detaled in these dL%d0Su. The unvthnding of the thscotsnt rate is recogniYd as a fire cosL 2025 2024 RECOMCIUATION OF OPENING AIIO CLOSING PROVISIONS PrfMS•3n ai start of pwwjd UnwiThAing olthe fxtor (interest expense) Defi ¢ontrbulion wd Remeasurements. vnpad 0[Y che in a$sumFth Remeasuromenb. elments to scedul 179.627 6.912 (72.2081 441 266.563 13.991 (70.094) 2364 (33.197) Provlslon at end of perfod 114.772 179.627 2025 2024 INCOME AND EXPENDITURE IhlPACT SntgrESt pxppnse Remea>Jrements- I ofany dwnge n a59Jmptl(x75 RemeareMents- ameTrJments to tne tontntyjion Schedule contrfbuts.ons paid in respect ol fviure sernce- Costs rtto#nd ino)me and upeTrJittre a¢cow 6.912 441 13.991 2364 133. 99TI 7.353 115.542) "¥idud¢$ dgfined COThtribJbon $¢hern and futtff• $erYKe coMribultyJn$ li.•. wcltyJir8 arw defjclt reduction payrnentsl to defined benefd s¢hernes wtKh are treateLI a$ ered contsibutrJn 5thernes. To te cornpleted by the cJ)mpany. Page 4S
HIILIIE GRAMfAAR SClmL IA ¢harflablp ¢ompany linted by #uaranth•l IKITES TO THE FINANCIAL STAT8IENTS FOR ThEYEAR ENDED 31 AUGUST 202$ ASSUMPnONS Rate of thsonI 2025- 4.36 2024- 4.90 2023- 6.03 2022- 4.26 The discryJnl rale$ 5hth¥n abobt are the equwalenl 5iThye dscount rnles which. when used to discount thè lulur iecory ¢crtribulions dug. would gNe lh8 sam¥ ro$dts as using a f(dlM ¢orFxrate bond curye to discounl Ihe 53ffl• rttOVÈry Flart fOnlrwi. 22. Relaipd party transacllons Durfn9 the yw. four Cthernors h>J tlkldren attended Ihe Sthocl. Threè memb3 of the Senior Leadèrship Team h•Y one rA rncie chldren * the 5rJ and receNed a staff discLWt in linp th noal commere4al terms. ring the ye8r. the SCI purchas&4 legat servKes from North Ainley sd1¢ fft rel8tkln to Ihe sale of buldings.. a member of the Boar¢J is a panner at the frrn. The seNces Were procur6d at èrrn's length and al mwkel value ChJiin9 the year there wer• nts OlhÈ¥ relai•d partytransactions that r•ded lo be disdosed. 23. Endowed fvnds The SLools' mail buddir¥J was deemed to be Joed in 2C#J7 and Ihe valuaiion a¢ed cn this a$ at 31 August 202$ %Yd5 £1.880.740 12024.. £1.943.3561 which wa5 ¥ rnduth.on of £62.616 12024.. £62.616) Ory the pr8¥P?US ygar resdlirq Irom the annu31 depreciètw charge on trse assets. This depreciation char98 1$ sn der Endowed Fund5 On the face of th8 Statement of Fnancial AciMls. In addilion. £194.590 12024.. £194.5901 of inTrrtsbnenl assets are a&0 recofded as ¢ndofftd fuTrJ$ in the school record 24 Ptygt bal•n¢• ¥herf ¢nts gjbsequent lo Ihe >ar end. Ihe Sck¢Jl sold a protrty (tmmeycroftl on the 22nd ol December ftr consideratson of £1.825.OC#J. T"$ trartsaction occurred afler ihe reportry IherÈfore repre5ent5 a noTrjusb"n9 p0st.balan $et event A£cordY, adiusbnerrt has teen madÈ to Ihe amounts reccqni$8d in these finarKrd stsiements. 25. Subsidiary Th• S¢b¢ol owns 100% 01 th¢ $hare rAPrta of ijdham Hulm¢ Grammar Schc4>1 Ilntetn*K)nall L¥niled is a dormant CLvnpany intThpwaled on 12 February 2014 The School is exempt frorn preparir ¢slated aco)unts because Ih? cLmmpany i¥ ¢lrn Page 46
IIULIIE GRAMWIR SCHOOL IA ¢harilable ¢omp4rry limitsd by grInts) NOTES TO THE FII4ANCIAL STATEh1Eiirs FOR THE YEAR E14DED 31 AUGIIST 2025 Statsm•nt•f financAI 4b¥ll11$-¢QrnAf1¥O fiyures by fvnd-typ• STATEMENT OF FINANCIAL ACrnIrnES (INCORPORATING INCOME AND EXPENDrruRE AccouKf) FOR THE YEAR EP4DED 31 AUGUST 2024 Unregtried R•sixi¢d Endowment fund$ lunds fur 3J24 2024 2W24 Tolal rot nd5 2024 lunds 2023 Incomo endawrnents from: 8.616.95• 596,459 81.642 19,606 13S,722 8,616,958 596.459 204.698 86,320 135,722 Q283.467 531.414 271.877 I.&66 485.422 Ancillary lrnth.re fan1$ and dmatic Irhwtmenl irtth)e Otr actiwties 116.016 66.716 Tolal In¢om2 and ndowm•nts 9 710 157 9 721846 Expendltsll¢ I. Ch•iiable ac1ht5 10.674.399 61616 11.S01,719 10.608.579 Total expendllur• 10 674 399 616 11501719 10.fO8 579 N•texpÈndityrè belorè net gainllostè¥ on nveYJnents -f.14&9n -581,973 41616 -1,791.$62 -a86. 711 Nel gansi¢&)sse$l iTh*stmenls 2.j9s 270.39S -152.957 Motmovem¢nt In n<15 Page 47