H¢rts and E*i Border Clrcult
Flnxndal Aeeouttts
Year ended 31 August 2025
Re£l￿tred Ch*rfty Nunthr 1208841

Herts and E$w Border Circuit
Contsnts piige
Yt*r ¢nded 31 Aogust 2025
Contents
Py
Trn$tee8 report
Audltrjrs FOWt
8- 10
11
12
Nrl&* to th• aLwJnls
13- 17

Herts **d Eoju Bgrder Clreult
Year ended 31 Au¥uJt 2025
Cha

Herts a#d FAXX Btyrder
Yur e•ded 31 AW 2•25
Plan8 lorf
Incom•Trnnd•
Exp•ndI￿mTl•nd
F¥rKI
Ats al31St￿￿Ust tr25 the lrne cllkC4roJl*w•£5.1(0.15*
Pl•nu f•r 202￿6
£1.W4,&51 81 thè 318iw 2025.

Herts #nd ￿$￿ Border Ctreuh
Thi$¢¢eJ Report C4)•dnued
Yur ended 31 Au%ust 2925
31st AL4Ptst 2025.tl* £5.1(6.155.
Tho cIr￿th lslargqtytska¥
Purpow ofth• Ckn

Herts aDd Border Ctrtutt
Trustees Rqth Contlnlled
Year ¢￿ed 31 Aug4512825
'blthK allho Clr¢ul
Nom• olthE Ck¢ult
12tW1
Th? Rwd. Dr. Frath
SknFthnA%anlp
Bank•r•
Audltw•
NBm•...._....

Ywthded 31 2025
qkL 102 &

A*dlt•r¥ rqbort
Yur ￿ded3] Au8D#t 2025

Herts and EsseJ Border Clrcult
Audltors report
Year tAded 31 Augu8t 2025
In wepan'r¥J the *temMts. th8 truth w¢ re4)￿)* for a5585sfvYJ th8 thityto tr)r￿r￿8 a5 a going
c¢nc8rn. di8dosirKJ, as applKatle. mattw5 to VVJ and the b￿$ of wunt419
We have bew aFpJrf•J as wthors Sti￿1 144 of the Chormw Ad2011 T8FLNI kn xc4ydarte vmh Ihe Act
materlal Misstate￿￿. duè to frwd *¥J to a ReF¥Ytofthe Ir¥J•fftrt Audwrrfs that inthdos our
In res￿1* tots rf8k clfr•A 1hr￿ Ixas (￿lI¥j tt* r￿k cortrcdsl thg risk of
bB$
. t8St chec*K￿ th& apprcykntsr￿5 cljownal entries

Herts and Essex Border Clrcult
Alldltors report
Ye•r ended 31 Augu¥t 2025
There are Inher•nt Inltab"on5 in ow 8udr( Prr￿a￿￿es ouuined atthy. The rn(Th that la*s ar*J re￿￿tlDnS 8r¢
finand81 tran5adions. Ihe Jess l￿dY it 15 1hat of non<ompliw. AJJJiliro stsTrJards also
Ilrdt thè audltprtt•Jures lo Id8ntsfy Th￿￿toMF￿￿*7Ih Iw reg￿at￿ to enwlry ofthe trustsgs atsj olh8T
marmgament and tho InyCti￿ Cor￿pondenCe. rfary. Klatsria rntsslat8￿nts that arise duts
to fraud t• harderlo det8cI than IIKoe thal art58frcffi as Ilw may *wt>fv8 d8Wbernt• con¢eaknantor
Collu￿￿. Wo arg not r6spJn*t4e w9V￿￿"r9 thcrryliaTrKe ar¥J ￿r￿A ￿ expocled to dt¢¢c¢ nO1￿Cern[lI8nC
ilh 41 and regiAatbJns.
Indep8Mlent Auditor&
ThLs r8POrt is mad8 x4dy dwitys trustw 85 a Ix•fy. In *Mh Pwl 4 ChwI￿•S IAe¢ouni8 and
mthr8 ￿ arè re(p¥rnd to stale to them in ￿ aJJth5' and Sjr rn Lyhvxpwpw. To ihg hllest •xi•nt pem)Nt¢d
by18w. ￿ do accept or ass￿ re8KKnsibkty lo anstyo olh8r Ilw eh¥lty and th• clwws i￿￿te8$ as a bDdy.
PhAlp D83n
FCA ISenKYSWxyAwJknr)
Hicks CLYrtOny
Chart8r&l AcLXrtJntants aThJ StslutwA
Vaughan Chambgr8
Vaughan Road
H8￿nd￿n
H¢rtfordsN
AL5 4EE

Herts Eaxx Border Clrethlt
Ststemellt tsf Fi•*Dd*l Adivitiey
Ytsra￿ed 31 kngust 202S
12A14
2a.IA1
164.678
3357
21.118
79.016
92.792
28.061
104.6n
3357
27.118
29214
217222
1.360
21,907
2N71.
¢4>1oTtyc
7*￿*1
lJ62
2.771.US
14
136,327
9531
138,327
9.$31
187.lJ8
136.7
46.1
43.118
8,937
9271
4,407
4.717
244)
P24.2441
296.920
1224.J431
J01N7
hx4mi {exgen(kn)
11242401
252,9J1
(282.022)
I252.￿1)
1404.8WI
2.587327
372.351
g(OO¢ l9618n
1429.145
29A92
5.Q42J09
2.062.6Jt
i•n,1•2
404110•
li

Herts amd Borthrclrtylt
ststementof t1￿￿1¥1 p￿1110&
Year ended 31 Aw2025
Total
2•24
12a4,IVI
1,859.OCrfJ
1,184.fVJ
1A32.(VJ
1.•12.0
>).160
l.W)4,Y52
l.a38.037
43.844
21.409
17533
17233
f16,m
Jo.i•o
1JO3.2•0
Cr•th¥
6.118
6.118
T•i•l
6.111
1J7l192
31.1
4Jis
1132JlJ
741•2
4IJV11
4•4190•
FryndB oltl•¢*wJ*
2.132M3
2.132
1.584272
tywtfiJr
2J73.192
3A29.145
1132Jl¥
3.t•2
6014417
12
30.1
26.
TOTALFUNOg
11J2J
3•.110
404lJO•
N4rn6

H¢rt• aJHI Emex Border Ctr¢ult
Notes to the a¢¢ounts
Ye•r ejmled 31 Ayt 2025
Ch8th88 SORP IFRS102l￿ taldr¥ ThJt•rflha wlaknj 1 ls&thJ In3)16.
2 A¢¢ourrtkng pok
M•rg•rA¢courfkng
th8 31 kn￿￿2024.
lablty.
VAT
Twlbl• fth•d •1¥•18
T•NJt48 8S8815 fty cog18t b85t £SCO. Trfr8ahdd 1$
the olits us•fiA bytt* b) be Ih8n ts (urentykn. knydosy**tknn
13

Herts and ￿5￿ Border Clreult
Nots to the atcomnts conthiued
Year ended 31 Augllst 2025
st￿3￿n in th& SOFA
2024
cAroJlt
Numt*rofTnJ8t8#s pert
10
10
on bBhdlofthe tircuh
lo.4￿1
10.49)
24
Olh8r fe89 {•g'. #d￿rn, tttwilaw 8ewvKes) p*J b) tt*
Irthpgndent exother
6 P41d •mplos
Gross wes. sdari8s klr•J
13.482
P￿slon cthta
19
{4.8(Kl}
9,531

Herts and F￿1 Border Circuit
Notes to the ac¢oMots conlimued
Y¢ar ended 31 A•gu8t 2025
6 Pald •nyby••¥ Icontknu•dl
*2025.
Tot•1
Boknc* b[p￿Ic￿¥8rd
Adth't•Jn8
1.53Zt
1.532.IXKI
525.rJxJ
Trnisfern
1.859.rnJ
1M59.(*i)
1.532.(
9 Inv••lm•ht
IDrtl*sg * £1.184.flJO12024 £1.81irkn)
2025
2024
Totsl
T•tsl
B#lwTh brDutht lor*¥d
1.612.IM)
1.612.IXYJ
492.957
1.9Cfj.¢YXI
324,1>13
11.110,iXX))
Rev81ualMs
DL8pxals
172.iXKI
172.th)
1.184.¢XK)
1.184.tsYJ
1.612.fN)J
10 Lo•n*
11 Cvodllor• f >••r
2026
5.581
535
4.981
PAYE U"•b&ty
6.116
4.981

Ytarcwjtd 31 A¥8Wt2
451
si$
T*X
.1
(411•
2.IX
t9n.192
>).1•)
1m4192
917SA
(4.991>
l￿rn
4420.145
1.IMI
a10Y

Herts and Bonler Cireui¢
NoteA lo tbe •¢¢ou•ts ¢oBllnu
Y￿r ende4131 A•p$t 2025
29214
217222
29214
217.222
1.388
21.4)7
2,471,328
Captt8t iats¢4s
Giani% rec*hvJ
21M*7
39.401
2.4M(IJJ
1.927
311A41
Grants S do[￿tkirr
187,156
187,156
167287
167.ml
43.116
41116
(A￿¢8 expewes
937
8,937
9271
9271
187247
73
4,717
301ffi37
Net
3.321
2.SJ7.327
r4351
372251
14317
1959hn
1.518.45
$3B.105
25,571
2,082,631
3rt29.145
41M2J09
17