REGisfERED COMPANY NUMBER: 01164455 (England and Wales)
CHA￿ REGISTRATION NUMBER: 267174
Fl
Elllot Woolfe & Rose Aud￿ and Advlsory Services LLP
Chartered accountants & ststutory audltors
Devonshire Flouse
582 Honeypot Lane
Stanmore
Mlddlesex
HA7 IJS

Holland House
chool
ontents of the Financi
forth Y
ed31Au
ust 2025
Page
Reference and Administrative Details
Report of the Governors
Governance Statement
statement on Regularity, Proprlety and Complian
statement of Governors, Responsibilltles
Report of the Independent Auditors
10-12
Statement of Flnanclal Activities
13
Balance Sheet
14
sh Flow Statement
15
Notes to the Cash Flow Statement
16
Notes to the Flnancial Statements
17-27

Hollan
House School
minl
MEMBERS:
Mr A Mehta (appolnted 16.10.24)
Mr S Shah {appolnted 10,9.241
Mr V Chohan (appointed 10.9.24) (￿Igned 1.7.25)
Ms R Kantaria
Ms S Tharcm)
Mr K J Patel
Mr P H Mehta
MrNMShah
Ms K N Majeethia
Mr S Wllson
GOVERNORS
Mr P H Mehta
M5 R Kantarfa
Ms K N Majeethla
Mr K J Patel
Mr S Shah (appolntrd 10.9.24)
MrNMShah
Ms S Tharoo
Mr S Wllson
Mr A Mehta (appolnted 16.10.24)
Mr V Chohan (appointed 10.9.24) (reslgned 1.7.25)
REGISTERED CHARrrY
NUMBER
0267174
HEAD TEACHER
Emlly Brown
BURSAR
Hlren Shah
BANKERS
Uoyds Bank
I Silver Street
Enfield
ENI 3EE
WEBsrrE
https'.l/www.hollandhovse.ory.LEV
REGISTERED OFFZCE
Holland House School
l Broadhurst Avenue
Edgware
Middlesex
HA8 8TP
REGISTERED COMPANY
NUMBER
01164455 (England and Wales)
AUDXTORS
Elllot Woolfe & Rose Audlt and Advisory SeNlces LLP
Chartered accountants & statutory auditors
Devonshlre House
582 Honeypot Lane
Stsnmore
Mlddlesex
HA7 IJS
Page I

Holland
ou
esc
00
ov
rn
The trustees, who are also dlrector5 of the charlty for the purposes of the Companles Act 2006 and
governors of the school, present thelr report and financlal statements for the year ended 31 August
2025. The tenrs 'trustee', 'govemoP and 'dlrertorf are used interchangeably throughout thls report.
The governors have adopted the provlslons of Accounting and Reportlng by Charltles- Ststement of
Recommended Prattlce appllcable tctr charities preparfng thelr flnancial statements in accordance wlth the
Flnanclal Reportlng Standard applicable In the UK and Republlc of Ireland (FRS102) Icharltles SORP
(FRS102) effertSve l January 2019).
Alm6 and obJ•ctiv•s
The company is reglstered as a charitable company Ilmlted by guarantee and Is governed by Its
Memorandum and Artlcles of As50Liation as Incory)orated on 26 March 1974, and subsequently afflended
by speclal resolutlons dated 18 September 1975, 8 May 2003 and 19 March 2020.
Per the Amended Memorandum: Yhe Objert for whlch the A￿ocIation is establlshed Is to promote and
provide for the advancement of educatlon and In connecbon therewlth to conduct, cary on, acqulre and
develop In the Unlted Klngdom any Boarding or day sthool or sthools or college or colleges for the
educatton of chIld￿n and young persons of elther sex or both sexe5'.
The prlnclpal objectlve and artlvlty of the charty Is to promote and provlde for the advancement of
edutatlon for boys and glrls from 4 to 11 years of age. The school offers a dlstinctlve educatlonal
experience wlth a broad, Induslve currlculum and a culture of hlgh expectation wlth all puplls fulfllllng
thelr all-round potertlal. The school's WebS￿e (wvrn.hollandhou5e.org.uk) provldes further detèlls Of the
artlvltles that It undertakes as well as the detalls of the school.
Holland House School Is regarded In the communty as belng dlstlnctFve because It offers a wami famlly
envlronment with the posslbility of achleving hlgh acadèmic standards. Puplls, progfftss Is monltored
through eleven plu5 errtran￿ exams. ￿adIng seores and contlnuous assessment.
Academle excellence Is vlewed as a prtortty. Puplls are taught to a hlgh stsndard In a wlde number of
subjects and the curriculum Is broad, covedng the National Curriculum and beyond.
In settlng our obJethve5 and plannlng our activltles the Trustees have consldered the Charlty
Comm15$1on's general guldance on publlc benefit and to Its supplementary public benefit guldance on
advanclng education and on fee charylng.
In thls ￿Spect, the Governor5 of Holland House School operdte a bursary fund from which grants tan be
made for the benefit of a chlld who qualifies for entry to the school but whose parents cannot afford the
full fees. There were 3 children on a bursary In the year to 31 August 2025 (I full and 2 partial). The
school supported several other charitable causes whlch are detsiled below.
The trustees are ￿SpOnSIble for setdng a strategy for achievlng the Dbjectlves they have set. The ft)¢US
of our strategy is on the development of our pupils in all aspects. partlcularly their wellbelngi and on thelr
contlnued hlgh level of academlc and extrd-currl(wlar achievement.
We set our fees at a level to ensure the long-tem financlal vlabillty of the school whlle at the same tlme
ensurlng we can dallver an excellent education to our puplls, To admit a prospertlve pupll, we need to be
satlsfied that our school wlll be able to educate and develop them to the best of theSr potenJal and In line
with the general standards ad)ieved by thelr peers. A sedes of entrance a55e5sments are undertaken by
the head to satlsfy ourselves and parents that potertial puplls can thrfve w￿h1n the pace of leaming and
benefit from the education we provlde, whlle enjoylng the challenges ahead. We do not discriminate on
the grounds of an Individual's econornlc statUS1 gender, ethnldty. race, rellglon, or dlsablllty.
Page 2

Holland House School
ve
The school follows the followlng pollcy documents and procedures to promote the welfrare of both puplls
and staff,, these have all been updated In the acadernlc year Sep-24 to Aug-25'.
15a Adm155iens Pollcy HHS - May 2024
loa Antl-8ullylng & Antl-Raclsm Pollcy HHS - Being revlew February 2025
Attendance Pc*llcy HHS - Belng ￿vIeW September 2025
Before and After-school Clubs Policy for Parent Pollcy HHS - Being revlew July 2025
9a Behavlour, Dlsclpline, Rewards arKI Sanction5 Policy HHS
ccrv Pollcy HHS - January 2025
33a Complalnts Pollcy HHS - March 2025
2a Currfculum Pollcy HHS Being review September 2025
E-safety Policy HHS -Being revlew September 2025
14d rrtp and Excursion Policy HHS - 16 January 2025
17a Equal Opportunltles Pollcy - Pupils HHS - May 2024
12b Flre Safety Policy HHS March 2024
13a- Flrst Ald Pollcy HHS- June 2025
Gender Questlonlng and Soual Transitk>n Pollcy HHS - Being review May 2025
11- Health, Safety and SecurTty Pollcy HH& 16 January 2025
Pupll Mental Hea￿h and Wellbeing Policy HHS- Belng Review May 2025
Prlvacy notlce Policy HHS
PSHE Policy HHS- Being review May 2025
16a Risk Assessment Policy, Including 16b Risky Areas HHS- 16 January 2025
RSE Policy HHS - Belng revlew May 2025
7a Safeguardlng Pollcy HHS-I September 2025
18a Safer Recrultment Pollcrf HSS- Belng review September 2025
SpecFal Educational Neeijs And Dlsabllities Poliry Including Engllsh As An Addltional Language
Pollcy HHS- Belng revlew September 2025
14a Pupll Supervlslon Policy HSS- Being Review February 2025
3a Teachlng, Markingi Assessment, Recordlng and Reportlng Pollcy HHS -8elng Revlew Aprll 2024
Walking to and from school wtthout an adult Policy HHS
Data Protettion Policy HHS
Page 3

Holl d House School
rn
ACHIEVEMENTS AND PERFORMANCE
The school has contlnued to thrfve, and academlc and extracurtlcvlar opportunltles have contlnued to
Increase.
The sthtsol a¢compllshed ￿ main objettlve of continued achlevement of excellent a¢ademl¢ performance
by each Indlvldual pupil. The eduGltlonal perfomiance of the school Is excellent, as dernonstrated by the
outstandlng Il+ examlnatlon results. These are to be found on the Sthool Website and are updated
annuallv.
In addition to academlc subjects. In keeplng wlth the Khool's alm to prcsvlde a broad and balanced
currlculum, all puplls have lessons In ￿, art, drama. muslc and PE as part of the school tlmetable.
The new academlc year Saw the contlnuadon of all wrap-around provlsions Includlng actlvltles suth as
Robotlc5, Readlng for Meaningi Dance, Crltical Thlnklng. Debating Club, Chess. and Art aub.
School outlngs contlnued to run suctesshjlly wlth the year 5 and 6 classes golng on a F￿nch trlp and a
resldential Bushcraft trfp was arrange¢J for year 4 whllst the year 3 had a trlp to Knebworth House. Thls
year, the receptlon class and year one enjoyed a day at Wlldtlme Edueatlon, In addltlon receptlon also
vlslted Hertfordshlre Zoo and year l enjoyed a trfp to Mill Green. Year 2 v151ted FSC Amersham and the
Harry Potter Studlo.
The year was finlshed off wlth a prlze-glvlng ￿￿rnony for all the d)Ildren and a year 6 playi Beauty and
the Beast.
The puplls contlnue to be encouraged to develop into re5ponslble and compasslonate rnernbers of society
whereby the puplls, parents ar￿ staff were able to raise a total of £976 for charltles.. Jeans for Genes
(£116), Y6 book sale {£302), Y6 raffle (£288) and Y6 Camlval (É270).
Puplls are encouraged to take responslblltty and several responsibllities have been added thls year to
enable more puplls to benefit. The responslbllttles are as follows.. A Head Glrl, Sports Prefect, two
Ltteracy Prefects, Clvlc, Intelle(tual, Perft)rrnan￿ and Moral Ambassadors. Each class elects puplls to
represent them In the school councll, and each dass has tts own mon1t0￿. They undertake ts5ks such as
collectlon of reglsters and lunch slips, taking of messages. dearing away after clas5, helplng youngor
chlldren durlng breaktime, etc. Ad hoc roles are glven sueh as support In the lunch hall, reading and
playlng with younger pupils. All pup115 are encouraged to develop mutual respect and behave wlth
maturlty.
Safeguardlng and promotlng the welfare of pupils, as alwaysi Is a top prlorty and staff and Governlnu
Ddy have all recelved tralnlng in child protecuon, e-saftty, and belng aware of the 51gns and dangers of
radlcallsatlon (as required by the Govemment's Prevent Strategy). The school provided all children wlth
e-safety presentation this year and has a Deslgnated Safeguardlng Lead and a Governor speclflc8lly
sponslble for safeguardlng.
During the year, an average of 147 pupils attended the school (5 of whlch Jolned In March from St. Hlldas
school).
Durlng the year 3 members of staff left, Reena Damani the Edueatlon ond Interventions Offlcer, Lauren
Van der Valk the Year 6 teacher and Anne Wold the Muslc teacher.
We welcomed Kathleen Hughes (Dance and Drama) and Sylvla Kozon (Wellbelng and Support Offlcer).
FINANCIAL REVIEW
Re$erves pollcy
The charlty's total fijnds at the balance sheet date amounted to £3.993,C124 (2024: £3.655,037) of which
free reserves, excludlng those tled up In flxed assets, amount to a surplus of £444,311 (2024,, £103,020)
Et Is the Govemors, intentlon to bulld free reserves over a period of flve years. The Govemors regard thls
a5 a sufflclent level of reserves because the school also has an investment property portfolio whlch can
be realised If required.
Page 4

Iland Hous
School
erno
FINANCIAL REVIEW
wets
Under the memorandum of associatlon, the charity has the power to make any Investment that the
Governors see fft. The Governors have adopted a low-msk Investment pollcy by malntalnlng funds In
deposlt accounts to ensure that they are readlly avallable should they be requlred.
We alsc* have Investments In pmperty near the school. Tr rental income from these has helped keep
fees low.
There are some Intemal and external pressures faclng the school In the comlng years which may pose a
risk to the flnanclal performance of the school. We may need to employ additlonal staff members to meet
legal minimums and slgnlficant health and safety and premise5 malntsnance expenditure Is antlclpated In
comlng years, External pre$5ures Indudlng another Increase In the Teachers, Penslons scheme from
2024. a 105s of buslness rates rellef from Aprfjl 2025 and VAT in Independent school fees appllcable from
January 2025, together they represent a slgnlflcant risk to flnandal posldon. We are however aware of
these rlsks and have prepared ourselve5 accordlngty and managlng the cost base of the school whllst
malntglnlng the hl9hest standard of education.
PLANS FOR THE FirruRE
It Is the Intentlon of the trustees to continue wlth the exlstbng strategy of malntalning the hlgh stsndards
of the school In an Increaslngly cornpetltjve market. They w511 contlnue to Invest in staff and Infrastrutture
to fijlfll the objectives. Investment wlll continue to be financed by fee income 8nd Investment Incorne,
and from reserves If the return trn the investment merits it. Trustees need to maintain a balance between
ensurtng current pupils benefft while at the same tIrr￿ ensuring there Is a strong financial base for the
future.
SAFEGUARDING
The Board takes Its responsibility for safeguarding the pupils extremely seriously and desplte referrlng to
It previously, emphaslse the significant importance that safeguardlng takes in the management of the
school. The school has developed a serles of policies and prO￿$se$ to ensure best practlces are put Into
place. There is a dedlcated safeguardlng lead teacher. and the Chair of the Governors has a speclfic
Safeguarding remlt. The school regUla￿V provldes accredited safeguardlng tralnlng to all teachers Hnd
Governors. All 5igniflcant Issues are ralsed wrth the safeguarding leaé as well as the Chalr of the
Governgr5, and lessons learned from Issues are assessed and usetl to adapt pollcles and processes In
conjunrtlon with the latest external developments to ensu￿ our controls dynamic and reflertlve of
the latest prattical and theoretlcal developments. A most recent ISI regulatory Inspection (February
2025) hlghlighted several posltive areas but dld identify a complIan￿ gap with regards to Flrst Ald
provlslon for the Early Years Foundation Stage. The school responded qulckly to address the Issue wlth
addltlonal staff completlng the requlred tralnlng. A follow up Inspectlon in luly conflrmed the schotsl was
fully compllant.
Page 5

Holland Hou
e School
vern
STRucniRI. GOVERNANCE AND MANAGEMENT
The Governor5 meet temily Inctudlng an Annual Generdl Meettng whlch Is usually held In May/June.
Worklng groups are set up by the Governors to addre￿ and advise on specific Issues, such as details of
future éevelDpmentSy property, 5afeguardlng, and finaf)ce. Day-to-day operatlonal decisions are made by
Mrs E Bmwn, the Head, and other members of the Senlor Leadership Team, whlch Is made up of Deputy
Head. a Designatlng Safeguardlng Head and Bursar. The Governors set remunaratlon taklng Into
conslderatlon external environmental fartQT5, which influence recrultlng and retentlon, alongslde other
relevant Issues, such as affordablllty.
A robust approach to the recrultment Cbf new TNstees Is taken. The Board of Governors are conxlous of
the slze of the school and the need to ensure that the Board has an approprlate range of appllcable skllls,
a mlx of parent and non-parent Trustees. whlle enabllng the aglle attlwty that a communlty school
qulres. New Trustee5 are Idendfled through a four-stage pro￿sS. Initlally open campalgns are
advertlsed, with speclflc sklll sets fmm applicants consldered for progre5slon. Indlvldual inteNSews are
condutted wlth current Trustees. prfor to appropriate candldates belng progressed to stage three,
attendance at a Full Govemors Board IFGB) meeting. The applicants, skills and behavlovrally appropriate
performance at the FGB Is conslderedi prlor to flnal dedslons belng made by the FGB, vla a resolutlon of
the Governors.
The Governors of the charltable wmpany are Its Trustees for the purpose of charfty law. The￿ a￿ no
other Governors. The Governors who served throughout the perlod and up to the date of thls report are
set out below.
A Board of Governors governs the company. In a¢xordance with Holland House's latest Artlcles of
A55Dclatlon, the number of Governors shall not be subjett to any maxlmum and the mlnlmum number In
offlce at any glven tlme must be three untll otherwlse determined by a general meetlng.
Upon appolntment, each Govemor re￿IveS detèlled briefings about the charity. The Governors recelve
support and ongoing training in the areas In which they may have speclfic responsibility or detailed
Involvement. There is currently a very good mlx of skllls amongst the Board of Governors wtth people
havlng legal, educatlonal, property and flnandal backgrounds.
The Board of Governors detemilnes the general pollcy of the company. Details of related party
transactlDns arg Included In the notes ts the finandal siatements.
AVDrroRS
The audltor5. Elllot Woolfe & Rose Audit and AAvisory Servlces LLP, wlll be proposed for re-appolntment
at the forthcoming Annua5 General Meeting.
Approved by order of the board of governors on 23 Detrmber 2025 and slgnetl on Its behalf by..
Mr N M Shah- Governor
Page 6

Holland House School
vernance Statem
e Year Ende
SCOPE OF RESPONSIBILrrY
As governors, we acknowledge we have overall responslbllity for ensuring that Holland House School has
an effertive and approprlate system of control, financial and otherwlse. However such a system is
deslgned to manage rather than eliminate the rlsk of failure to achieve business objectlves, and can
provide only reasonable and not absolute assurance against material misstatement of loss.
The board of governors has delegated the day-to-day responslblllty to the Bursar, as accounting officer,
for ensuring financial controls conform with the requirements of both propriety and good financial
management and In accordance with the requirements and responslbilities assigned to it in the fundlng
agreement between Holland House School and the Secretary of State for Educatlon. They are also
responsible for reporting to the board of governors any material weaknesses or breakdowns in Intemal
control.
REVIEW OF VALUE FOR MONEY
As accountlng officer, the Bursar has responsibility for ensurlng that the academy delivers good value in
the use of public resources. The accounting officer understands that value for money refers to
educational and wlder societal outcomes, as well as estates safety and management, achieved In return
for the taxpayer resources received.
The accounting officer considers how the academy's use of its resources has provlded good value for
money durlng each academic year, and reports to the board of governors where value for money can be
improved, including the use of benchmarklng data or by using a framework where appropriate.
THE PURPOSE OF THE SYSTEM OF INTERNAL CONTROL
The systern of internal control Is designed to manage risk to a reasonable level rather than to eliminate
all risk of fallure to achieve policies, aims and objectives. It can therefore only provide ￿asOnable and
not absolute assurance of effettiveness. The system of internal control is based on an on-going process
designed to identify and prioritise the risks to the achievement of academy policies, aims and obJectives,
to evaluate the likellhood of those risks being realised and the Impact should they be realised, and to
manage them efflclently, effectively and economlcally. The system of internal control has been In place In
Holland House School for the period I September 2024 to 31 August 2025 and up to the date of approval
of the annual report and financial statements.
CAPACITY TO HANDLE RISK
The board of governors has revlewed the key rlsks to which the academy Ss exposed together with the
operating, flnanclal and compliance controls that have been Implemented to mitigate those rlsks. The
board of governors is of the view that there is a formal on-going process for identifying, evaluating and
managing the academy's significant risks that has been in place for the period I September 2024 to
31 August 2025 and up to the date of approval of the annual report and financial statements. This
process is regularly reviewed by the board of governors.
CONCLUS1014
Based on the advice of the audit and risk commlttee and the accounting officer, the board of governors is
of the opinion that the academy has an aLtequate and effertlve framework for governan￿, risk
management and control.
Approved by order of the members of the board of trustees on 23 December 2025 and signed on its
behalf by..
Mr N M Shah - Governor
Mr H Shah - Bursar
Page 7

Holland House School
ment on Re
ularit Pro
Year Ended 31 Au
ust 2025
A5 accountlng offlcer of Holland House school, I confirm that I have had due regard to the framework of
authorltles governing regularlty, propriety and compliance, Includlng the tru5t'5 funding agreement with
DfE, and the reqLJirement5 of the Academy Trust Handbook, Includlng responsibilities for estates safety
and management. I have also consldered my responslbllity to notlfy the academy board of governors and
DfE of material Irregularity, impropriety and non-compliance with terms and conditions of all funding,
including for estates safety and management.
L confirm that l and the board of governors are able to identify any rnaterlal Irregular or Improper use of
funds by the academy, or material non-compliance with the framework of authorities.
I confirm that no instances of material &r￿gularItY, Impropriety or non-compliance have been discovered
to date. If any Instances are identified after the date of thi5 Statement, these wlll be notifled to the board
of governor5 and Department for Educatlon.
Mr H Shah - Bursar
23 December 2025
Page 8

Hollan
House School
en
The governors (who act as trustees of Holland House Sdjool and are also the dlrectors of the charltsble
company for the purposes of company law) are responSIb￿ for preparlng the Report of the Govemors
and the flnancial statements In accordance wlth the Academle5 Accounts Dlrertlon publlshed by the
Department for Educatlon, Unlted Klngdom Accountlng Standards (Vnlted Klngdom Generally Accepted
Accountlng Prattice) and appllcable law and regulauons.
Company law requlres the governors to Prepa￿ flnanoal ststements for each flnanclal year. Under
company law the governors must not approve the finanaal statements unless they are satlsfied that they
glve a true and fair vlew of the 5tste of affairs of the charitable company and of the Incomlng resOur￿S
and applicatlon of resource5, including the In￿rne and expendlture. of the chadtable company for that
period. In preparlng those flnancial statements. the governors are requlred to
seleLt sultable accountlng pollcles and then apply them cons15tertty;
obseNe the methods and pdnclples In the Charttles SORP 2019 and the Academles Accounts Dlrertlon
2024 to 2025.
make Judgements and estlmates that are ￿aSOnable and prudent;
prepare the flnancial statements on the going concern basls unless It Is Inapproprfate to presume that
the charltable company wlll contlnue in buslness.
The governor5 are responslble for keeplng adequate aC￿UntIng records that are sufflclent to show and
explaln the charttable company'5 tran5attions and dlsclose wfch reasonable accuracy at any tlme the
financlal position of the charltable company and to enable them to enslrre that the finandal statements
compty wlth the Companles Act 2006. They are also responslble for sateguarding the assets of the
charltable company and hen￿ for takSng reasonable steps for the prevention and detectlon of fraud and
other Irregularftles.
The governors are responslble for ensurlng that In Its condurt antl operatlon the charttable company
applles flnanclal and other controls, whlch conform with the requlrements both of propriety and of good
finandal management. They a￿ also responslble for ensudng grants received from the EFSWDfE have
been applied for the purposes Intended.
In so far as the governors are aware..
there Is no relevant audlt infom)ation of which the charitable company's auditors are
unaware. and
the governors have taken all steps that they ought to have taken to make themselves aware of any
relevant audlt Information and to establlsh that the auditors a￿ aware of that infvrmatlon.
Approved by order of the board of governors on 23 December 2025 and slgned on its behalf by..
Mr N M Shah - Governor
Page 9

dit
Oplnio
We have audlted the flnandal statements of Holland House School (the 'academy') for the year ended
31 August 2025 which comprise the Statement of Flnanci81 Activities, the Balance Sheet, the Cash Flow
ststement and notes to the flnancial staternents, including a summary of signlficant accountlng policie5.
The flnanclal reportlng framework that has been applied in their prepa￿tIon Is appllcable law, Unlted
Klngdom Accounting Standards (Unlted Kingdom Generally Accepted Accountlng Prattlce) and the
Accounts Dlrectlon 2D24 to 2025 Issued by the Department for Educatlon (DE).
In our oplnlon the flnanclal #atements:
glve a twe and falr vlew of the state of the academy's affalrs as at 31 August 2025 and of Its Incomlng
resources and applIcat￿n of resources, including Its Income and expenditure, for the year then ended;
have been properly prepared in accordance wlth United Kingdom Generally Attepted Accountlng
Pract1￿,.
have been prepared In accordan￿ wlth the requirements ot the Companles Act 2006. and
have been prepared In accordan￿ wlth the Charltles SORP 2019 and Academles Accounts Dlrettlon
2024 te 2025.
Ba81s for oplnlon
We condurted our audlt In accordance with Internatyonal Standard5 on Aud￿ng (UK) IISAS (UKI) and
appllcable law. Our responsibilities under those stsndards art fijrther de5crlbed In the Auditors,
responslbilltle5 for the audit of the finandal statements sectlon of our report. We are Independent of the
cademy in accordance wlth the ethical ￿quIrernents that a￿ relevant to our audit of the financlal
statements In the UK Includlng the FRCS Ethlcal Standard, and we have fulfllled our other ethlcal
respDnslbllitles In accordance wlth these reqU1￿Ments. We belleve that the audft evldence we have
obtabned Is sufflclent and approprlate to provlde a basls for our oplnlon.
Conclwslons relatlng to golng ¢on¢•rn
In audltlng the flnanclal statements, we have concluded that the govemors, use of the golng concern
basls of accounting in the preparation of the financlal statements 15 approprlate.
Based on the work we have perfomed. we have not Idertlfled any materlal uncertalntles relatlng to
events or condltlons that, Indlvldually or collecbvely. may cast significant doubt on the academy's abillty
to contlnue as a oolng concern for a period of at least ￿e1ve months from when the financial statements
are authorbsed for Issue.
Our respon51bllltles and the responsiblllties of the governors wlth respett to going con￿rn are descrlbed
IrTr the relevant 5eLtlons of thls report.
oth•r Informat50
The governors are responsible for the other Irfforfnatlon. The other Inforniatlon comprlses the Informatlon
5ncluded In the Annual Report, other than the flnanclal statements and our Report of the Independent
Audittsrs thereon.
Qur Dplnlon on the ffnanclal statements does not cover the other Infomiauon and, except to the extent
otherwlse expllcltly ststed In our report. we do not expre￿ any fomi of assurance contluslon thereon.
In connectlon wlth our audlt of the flnandal statements. our respon51billty Is to read the other
Informatlon and, In dolng so. conslder whether the other Infom)ation Is materially inconsistent wlth the
flnancial statements or our knowledge obtalned In the audlt or otherwlse appears to be materlally
mlsstated. If we Identlfy such materfal Inconsistendes or apparent material mlsstatements, we are
required to detemine whether this glves rfse to a matertal mls5tstement In the financlal statements
themselve5. If, based on the work we have perfonned, we condude that there is a materlal MI￿tatement
of thls other Informatlon, we are requlred to report that fart. We have nothlng to report In thls regard.
Oplnlons oll other matt4rs pres¢rlb•d by the COm￿nI¢S Act 2006
In our opinlon. based on the work undertaken In the course of the audlt:
the informatlon given In the Report of the Governors for the flnanclal year for whlch the financlal
Statements are prepared 15 consistent with the financial statements. and
the Report of the Governors has been prepared In accordance wlth appllcable legal requlrements.
Pa9e 10

Al
Mattars on whlch we ara rnqulred to r•port by exceptlon
In the Ilght of the knowledge and understandlng of the academy and Its environment obtained In the
course of the audlt, we have not Iderttlfied materlal misstatements In the Report of the Governors.
We have nothlng to ￿port in respect of the followlng matters where the Companles Act 2U06 requlres us
to report to you If, In our oplnlon..
adequats accountlng records have not been kept or returns adequate for our audlt have not been.
recelved from branches not vlsited by us; or
the flnancial statements are not in agreement with the accountlng records and retums,. or
certabn dlsclosures of governors, remuneratlon 5pecffied by law are not Tnade; or
we have not re￿iVed all the infomatlon and explan*ions we requlre for our audit: or
the yovernors were rtot entided to take advantage of the small companles exemptlon from the
requlrernent to prepare a Strateglc Report or In preparing the Report of the Govemors.
Respon8lbilltl¢s of governors
As explalned more fvlly In the Statement of Governors. Responslbllitles, the governors {whctr are also the
dlreciors of the charltable company for the purposes of company law) are responslb1e for the preparatlon
of the flnandal statements and for being sattsfied that they glve a true and falr vlew, and for such
Internal control as thè governors detemilne Is necessary tr) enable the preparation Lif financlal statements
that are free trom materlal mlsstatemenL whether due to fraud or error.
In preparlng the flnanclal statements, the govemors are responsible for assess5ng the academy'5 abllity
to contlnue as a oolng concerft, dlscloslng, as applicable, matters related to golng concern and uslng the
golng concern basls of accounting unle55 the governor5 either Intend to Ilquldate the academy or to cease
operatlons, or have no reallstlc alternatlve but tr) do so.
Audltor's r•6p¢Jnslbiliti•s frjr Ihe •udlt of th• flMndal ststsments
Our objectives are to obtaln reasonable assurance about whether the flnanclal statements as a whole are
free from materlal m155tatement, whether due to fraud or error, and to Issue a Report of the Independent
Audltors that Includes our oplnlon. Reasonable assurance Is a hlgh level of assurance, but is not a
guarantee that audit conducted in accordance wth ISAS (UK) wlll always detett a materlal
mlsstatement when it exists. Mlsstatements can arise from fvaud or error and are considered material rf,
Indlvldually or In the aggregate, they could reasonably be expected to Influence the economlc declslons of
users taken on the basls of these llnanclal statements.
The extent to whlch our procedures are capable of detectlng Irreguladues, Indudlng fraud Is det?Il¢d
below..
As part of ojjr plannlng process..
We enqulred of management the systems and controls the School has In pla￿, the areas of the
flnanclal statsrnents that are most suscepdble to the rlsk of Irregularltles and fraud. and whether
the￿ was any know, suspected or alleged fraud.
We obtalned an unde￿tandIng of the legal and regulatory frameworks appllcable to the charltable
company. We detennined that that foll¢wlng were most relevant.. the Charlty SORP, FRS 102,
CharltSes Art 2011, Companles Act 2006. Employment Act 2002 and Safeguardlng Vulnerable
Groups Act 2006.
We consldere(i the Incentlves and opportunkifjes that exist in the school, Including the extent of
management bias, whlch present a potentlal for Irregularltles and fraud to be perpetuated. and
tall0￿d our risk assessment accordlngly.
Uslng our knowledge of the school, together wlth the disojsslons held with the school at the
plannSng stage, we fL)rmed a conclusioft on the risk of mi55tstement due to lThegularltles Including
fraud and tallored out procedures a￿ordIng to thls rfsk a55essrnent.
The key procedures we undertook to detect Irwularities induding fraud during the course of the audlt
Inclu¢Jed-
Identlfylng and testing journal entrles and the overall accoundng records, In partlcular those
that were slgnlfl¢ant and unusual.
Revlewing that finanaal Statement dlsctosures and detemilnln9 whether accountlng PC*llcles
have been approxlmately applled.
Page 11

Audltor'g responslbllltles for the audlt Of the flnandal •tstom•rtSqContlnue
Revlewlng and challenglng the assumptions and judgements used by management on thelr
slgnlflcant accountfjng estimates, in partlcular relating to property valuatlons.
Assesslng the extent of compliance, or lack of, wSth the relevant laws and regulatlons.
Testlng key incorne lines, In partlcular cut-off. for evldence of manaoement blas,
Assesslng the key valldlty tsf the cla551flcatlon of Income, expendlture, assets and Ilablllties
between unrestrlcted and deslgnated fijnds.
Performing a physlcal verfficatlortr of key assets.
Obtaining thlrd-party conflrmatlon of material bank statements.
Documentlng and verlfylng all slgnificant related paity balances and transl*lons.
Revlewlng documentatlon such as the govemoT5 board minutes for dlscussions of irregular￿1¢$
Includlng frèud.
Owlng to the Inherent limltatlons of an audlt, there Is an unavoldable risk that we may not have detected
some matertal mlsstatsments In the flnanclal statements even though we have properly planned and
pÈrfornied our audlt In accordance wlth audltlng standards. The primary responslblllty for the preventlon
and detecuon of Irregularltles and fraud rests with the trustees of the charfty.
A further descrlptlon of our re5pon51bilities for the audlt of the flnanclal statements Is locatsd on the
Flnancial Rèporting Councll's webslte at www.frc.org.uklauditotsre5ponslbllStles. This descriptlcn ftsmis
part of our Report of the Independent Auditors.
Us• of our r•port
Th15 report is made solety to the academy's members, as a body. In accordance w￿h Chapter 3 of Part 16
Df the Companles Att 2006. Our audit work has been undertaken so that we mlght state to the charltable
company'5 members those matters we are requlred to state to them In an audltors, report and for no
other purpose. To the fvlle5tr extent perM￿ted by law. we do not actept or assume responslblllty to
anyone tsther than the charltsble company and the chaiitable company's members as a bodyl for our
audlt work, for this report, or for the oplnlons we have fomied.
stephen Selfert (Senlor Statutory Auditor)
for and on behalf of Elllot Woolfe & Rose Audlt and Advlsory SeMces LLP
Chartered accountants & statutory audltors
Devonshlre House
582 Honeypot Lane
Stsnmore
Mlddle5ex
HA7 IJS
23 December 2025
Page 12

Holland House S hool
f Fl
Ivi
31.8.25
Total
funds
31,8.24
Total
funds
Unrestrtrted Restrirted
fjjnd
fund
Notss
INCOME AND ENDOWMENTS FROM
Charitable aclivities
Funding for the academy's educatlonal
operatlons
Teachlng school hub
1,997,348
96,603
1.997,348
96,603
1.928,484
Investment Income
Total
2 169 020
2 1S9 020
2 002 152
EXPENDrruRE ON
Charltable actlvltles
Academy's educational operations
1.806,646
24,387
1,831,033
1,770,654
Total
1806 646
1 770 654
Net galns on Investments
370 000
Nyf INCOMEI(EXPENDrruRE)
Transfers between furKI$
362,374
21 085)
(24,387}
337,987
601,498
Net movement In funds
341,289
13,302)
337.9B7
601,498
RecoNCXLIATION OF FUNDS
Total fund5 brought forward
1.099.985
2,555,052
3,655,037
3,053,539
TOTAL FUNDS CARRIED FORWARD
1441 274
2 551 750
3 993 024
3 655 037
CONTINUING OPERATXONS
All Income and expenditure derive from contlnulng actlvttles.
The statement of financlal activitles Includes all galrks and losses recognlsed In the year.
The notes forni part of thase ffnandal 5tai*m8nts
Page 13

Holl
Hou
e School
31.8.25
Totsl
nds
31.8.24
Total
ftjnds
Unrestricted Restritted
fund
fijnd
Notes
FIXED ASSErs
Tanglble assets
Investment property
1,203,713
1 348 037
1,203,713
2 345,ODO
1,207,015
2,345 000
io
996 963
996,963
2,551,750
3,548,713
3,552,015
CURRENT ASSErs
Debtor5
Cash In hand
li
479.636
1 151 001
479,636
1 151 Ocll
165
881887
1.630.637
1,630,637
862,052
CREDrroRS
Amounts falllng due wlthln one year
12 (1,186,326)
{1,186.326) (77g,030)
NET CURRENT ASSETS
103 022
TOTAL ASSETS LE55 CURRENT
IIABIIJTIES
1,441,274
2,551,750
3.993,024
3,655,037
NET ASSETS
1 441 274
2 551 750
3 993 024
3 655 037
FUNDS
Restricted funds..
Deslgnated funds
Unrestritted funds:
General unrestrlcted funds
13
2,551,750
2,555,052
1441 274
l Q99 985
TOTAL FUNDS
3 993 024
3 655 037
These flnanclal statements have been prepared In ac(Dr￿an￿ wlth the provlslons applleable to tharlt8ble
cornpanles subjed to the small companies wime.
The financial statements were approved by the Board of Governors and authodsed for Issue on 23
December 2025 ané were slgned on Its behalf by:
Mr N M Shah - Governor
The note5 form part of finand81 statsments
Page 14

se Scho
31.8.25
31,8.24
Notes
Cash flows from operatlng actlvltleB
Cash generated from operatlons
nl
215 131
272 D16
Net cash provlded by operatlng actlvltles
215 131
272 016
Ca$h flows from Investlng actlvltleg
Purchase of tangible fixed assets
Interest received
Investment rentsl Income
[21,0851
2,022
(31,592)
1,503
Net cash provlded by investing aCtiV￿leS
Change In cash and cash
equlvalents In the rqportlng porlod
Cash and cash equlvalents at the
beglnnlng of the reportlng perlod
269,114
314,092
567 795
Cash and cash •qulv•lents at the
end of the reportlng period
n2
1 151 001
881 887
The note5 fDTm part of these financial staternents
Page 15

se
ust 20
nl. RECONCILXATION OF NET XNCOME TO NEf CASH FLOW FROM OPERATING
AcrIvrrIES
31.8.25
31.8.24
Net income lor th• reportlng perlod (as per the Statement
¢1 Flnanclal Actfvltl¢8)
Adjustments for:
Depreciation charges
Losses on Investments
Interest recelved
Investment rental Income
{Lncreaselldecrea5e Sn debtors
Increase In credltor5
337,987
601,498
24,387
55,554
(370,000)
11,503)
[72,165)
292
(2,0221
(73,046)
{479,471)
Net cash provld¢d by op•ratI¢￿8
215,131
272 016
2. ANALYSIS OF CHANGES XN NEf FUNDS
At 1.9.24 Cash flow At 31.8.25
Net cash
Cash at bank and In hand
881 887
269 114
1 151 001
881,887
269 114
1 151,001
T¢)trl
881 887
269 114
1 151 001
The notes fom part of these flnandal statements
Pa9e 16

Holland Hous
School
rnen
Ended
ust
ACcOuP￿ING POLICIES
Basls of preparlng the flnanclal statements
The flnanclal statements of the academy* whlch Is a publlc benefit entlty under FRS 102, have
been prepared in accordance with the Charftles SORP IFRS 102) 'Accountlng and Reporting by
Charftles.. Statement of Recommended Practice applicable to chaFlties preparing their accounts In
accordance wlth the Financlal Reporting Stsndard applicable In the UK and Republic of Ireland
(FRS 1021 leffertlve l January 2019),, Flnandal Reportlng Standard 102 'The Flnandal RepgrtlrwJ
standard applicable in the UK and Republic of Ireland,. the Academies Accounts Direction 2024 to
2025 Issued by the DfE, the Charltles Act 2011 and the Companles Act 2006. The flnanclal
statements have been prepared under the hi*orl¢al cost conventlon, as modlfled by the
revaluation of certaln assets.
Holland House School meets the definltlon Df a publlc benefit Èntlty under FRS 102.
The flnandal statements are prepared In sterilng. whlch Is the funttlonal CLtrrency of the charltable
company. Monthry amounts In these financlal stotrments are rounded to the nearest £,
The flnanclal statements have been prepared under the hlstortcal ￿$t conventlon, modlfled to
Include the revaluatlon of investment pnjpertles to frdlr value. The princspal acLvunting polldes
adopted are set out below.
Golng Concern
Conslderlng current tash flows and expected future income, the trustee5 have a reasonable
expectation that the charty has adequate resour￿5 to Cctntinue In Operat￿On for the foreseeable
future, thus the trustees have contlnued to adopt the golng concern basis of accountlng In
prepartng the flnanclal ststements.
Incom•
Income 15 rè¢tsgnSsed when the charfty Is legally entltled to It after any perfonnance condltlons
have been met, the amounts can be measured rellably. and It Is probable that Income wlll be
recelved.
Cash donatlons are recognlsed on receipt. Other donatlons are recognlsed once the charlty has
been notlfled of the donatlon. unless perfomiance conditions ￿qUIre deferral of the amount.
Income arises in the United Klngdom from educatlonal and allled actlvities and Is accounted for In
the year to whlch It relates. Tultlon fees unpald at the balance sheet date and relatlng to the
period to that date are brought In as Income wSth a provi51on created In respect of those ft)r whlch
recoverabllity Is consldered to be doubtfttl. Fees recelved In advan￿ at the balan￿ sheet date are
included in creditors as income of the followlng year.
Investment Income Is re¢ognlsed on a reeeivable basls.
Expendlture
ExpendItU￿ Is recognlsed once there Is a legal or constsuctlve obllgatlon to transfer eu)nomlc
beneflt to a thlrd party, It Is probable that a transfer of economlc beneffts wlll be requSred In
settlement and the amount of the obligation can be measured reliably.
Expenditure Is made up of the total of direct cost5 and shared costs. including 5UPPOrt costs
InvDlved in Underta￿ng the schDol's actlvlty. DlreLt Costs attrlbutable tD a single actlvlty are
allocated dlrecUy to that activity.
All expenditure Is accounted for on an accruals basis. Ml expenses, includlng supptsrt costs and
governance costs. are allocated to the charftable activlty in the statement of flnanclal actlvltles.
Governance costs comprtse all costs Involvlng the publlc accountablllty of the charlty and Its
ompllance wth regul¥tlon and good practlce.
Page 17
(xintlnued...

Iland House School
ACCOUNTING POLICIES - contlnued
Tanglble fIX￿ assets
Depreclatlon is provlded at the following annual rates In order to wrfte off the cost less estlmated
re51dual value of each asset over tts estlmated useful lffe.
Freehold bulldlngs
Furniture, fixtu￿S and flttlngs
Freehold land
2% strdl9ht Ilne
20% stralght Ilne
Not depreciated
All assets costlng more than £500 are ￿pItalISed.
The galn or loss arislng on the dlsposal of an asset Is deternilned as the difference be￿eeTr the
sale proceeds and the carrying value of the asset, and Is recognlsed In net Income1(expendltu￿)
for the year.
Freehold property
Freehold property Is shown at cost less depreclation in the flnanclal statements. Depreciation Is
recognlsed In the Statement of Finandal Actlvlties, and Freehold land is not dep￿cIated.
Inv•#tment property
Investment property, which ks property hel(J to earn rentals and for capltal app￿cIation, is
measured using the falr value model and *ated at tts falr value as at the reportlng end date. The
surplus or deflclt on revaluation is recognlsed In net IncomÈl{expendlture) for the year.
Impjlrnient of flxed assets
At each reportlng end date, the chartty revlews the carrylng amounts of Its tangible assets to
cletem)Sne whether there is any Indltation that those assets have suffered an Impalmient loss. If
any such Indlcatlon exlsts, the recoverable amourt of the asset Is estlmate(i In order to determlne
the extent of the lrnpal￿ent loss (rf any).
Fin•n¢lal Instruments
The charlty has elected to apply the provI￿On$ of Secuon 11 '6aslc Finanaal Instnjments, and
Sectlon 12 '0ther Flnandal Instruments Issues, of FRS 102 to all of ts flnanclal instNments.
Flnanclal Instruments 8re ￿ognISed in the Chart￿S balan￿ sheet when the charlty becomes
party to the contractual provlslons of the Instnjment.
Flnandal assets and Ilabilitles are offset, wtth the net amounts presented In the flnanclal
statements, when there Is a legally enforceable rfght to set off the recognlsed amounts and there
Is an Intenuon to settle on a net basls or to reallse the asset and settle the Ilabillty slmultaneously.
Baslc flnanclal asgets
Basic ffnanaal assets, which Include debtors and cash and bank balances, are Inltlally measured at
transartion prjce including transactlon costs and a￿ subsequently ￿rrIed at amortlse(J cost uslng
the effecilve Interest method unless the arrangement constitutes a flnanclng transattlon, where
the trarnsactlon Ss measured at the present value of the fijture re￿ipts dlscpunted at a markot rate
of Interest. Flnanclal assets dasslfled as recelvable w￿h1n one year are not amortlsed. Investment
propertles held a5 (Ixed assets are measured at falr value,
Ba61c flnanclal Ilablllties
Baslc flnancial Ilabllitles, Indudlng credltors are Intually recognlsed at transactlon pr1￿ unless the
arrangemeNt constitute5 a flnandng transattlon, where the debt InstnJment Is measured at the
present value of the future receipts discountetl at a market rate of Interest. Flnancial liabllltles
classlfled as payable wlthln one year are not amortlsed.
Debt Instruments are subsequently caryled at amortlsed cost. using the effectlve interest rate
method.
Trade credltors are obllgatlons to pay for goods or servlces that have been acqulred in the ordlnary
course of operatlons from suppllers. Amounts payable are dassffied as current liabllitie5 If payment
15 due wlthln one year or less. If not, they are presented a5 non-current Ilabllltles.
Page 18
contlnued...

Iland House School
ACCOUNTING POLICIES - contlnu
Employee beneflts
The cost of any unused hollday entldement Is recognlsed In the pertod in whl¢h the employee's
servltes are retelved.
Termlnatlon benefits are recogni5ed Immediately as an expense when the charlty is demonstrably
commltted to termlnate the employment of an employee or to provlde termlnatlon beneflts.
Taxatlon
The academy Is consldered to pass the tests set out In Paragraph I Schedule 6 of the Hnance Art
2010 and therefow it meets the deflnltlon of a charltable company for UK ￿rporatIon tax
purposes.
AccordSnglyi the academy Is potentlally exempt from taxatlon In respect of Income or capltal galns
recelved within categorfes covered by Part 11, Chapter 3 of the Corporatlon Tax Att 2010 or
Sectlon 256 of the Taxation of Chargeable Galns Act 1992, to the extent that such Income or galns
are applied excluslvely to tharitable purposes.
Fund aca)untlng
Unrestrlcted funds ran be used In acujrdance wlth the charEtable objecttves at the dlscretlon of the
govemors.
Restrlcted funds can only be used for particular ￿tricted PUry15es wlthin the objerts of the
academy. Restrlttlons arise when spetified by the donor or when funds are ralsed for particular
restrlcted purposes.
Further explanatlon of the nature and purpose of each ￿nd is Included in the notes tts the flnanclal
statements.
Penslons beDer
Retlrement beneflts to employees of the charttable company are provlded by the Teachers, Penslon
Scheme I'TPS J and NOW Penslon Scheme.
The Trs Is an unfiJnded scheme and contrlbutlons are calculated to Sp￿ad the cost of penslons
over employees. worklng lives wtth the charitable company In such a way that the penslon cost Is
substsntially level percentage of ojrrent and future penslonable payroll. The contributlons are
determinetl by the Govemment Actuary based on quadrennial valuatlon5 uslng a prospectlve unlt
credlt method. TPS Is an unfijnded mU￿1-emPloyer scheme wlth no undedylng asset5 to as51gn
between employer5. Consequendy. the TPS Is treated as a deflned contrlbutlon scheme for
accounting purposes and the contrIbutJo￿ recognlsed in the pertod to whlch they relats.
The NOW Scheme Is an auto enrolment sdieme where employers pay monthly contributlons. Thls
Is a defined contributions scheme. Payments to defined contribution retirement benefit schemes
are charged as an expense as the fall due.
CRMCAL AccoupifiNG ESTIMATES AND JUDGEMEKrs
In the appllcatlon of the thadty'5 accourrtlng polldes. the 13)vernors are requlred to make
Judgements, estimates and assumptlons about the carrylng amount of assets and liabllltles that
are not readily apparent from other sources. The estlmates and assoclated assumptions are based
on current and future economlc and other fattors that are consIde￿￿ to be relevant. Actual results
may dlffer from these estimates.
The estEmates and underlylng assumptlons are reviewed on an ongolng basls. Revlslons to
accountlng estlmates are recognised in the period in whl¢h the e5dmate Is revlsed when the
revislon affetts only that perlod, or In the perlod of the revlston and future periods when the
revlsion affects both current and future pertods.
Page 19

Holland House Scho
nt
CRrrIcAL ACCOUNTING emt4ATES AND JUDGEMENfs- contlnuad
Key Bourceg of estlmatlon uncertalnty
The estlmates and assumptions which have a slgnlflcant rtsk of rauslng a materlal adjustment to
the carrylng amount of assets and Ilabllltles a￿ as follows.
Useful Ilves of tanglble flx•d assets
Thè cost of tangible fixed assets Is depreclated over thelr estlmated useful economlc Ilfe. Changes
In the expected level of usage and technological development5 could impact on tha usoful
economlc lfves and the residual values of these assets; therefore, fvture depreclatlon charges
could be revlsed and follow the accounting policy for tangible fixed assets.
The carylng amount of the tsngible fixed assets In the balance sheet Is dlsdosed In note 10 of the
flnanclal statements.
Spllt b•tween Ireehokl land and bulldlng
Freehold land and bullding is held at historlc cost. Management have however made the
Judgement that land Is worth more than the building, hence It was deemed reasonable to assume
two thlrds tsf the cost relates to the freehold land and one thlrd relates to the bulldlng. The
freehold land and bulldlngs were depreciated In line with the accountlng poll￿. The freehold land
and bulldlng Is shown In note 10.
V3luatlon of Investmont propertlos
Determlnlng the falr value Df the Charlty'5 Investment propertles at each balance sheet date
Involves an element of estimatlon. The Govemor5 manage the resultlng estimatlon ￿n￿rtaIntY by
uslng Independent valuatlons on a property by property basls and by referrlng to avallable Ma￿&t
evldence, Includlng rentsl yields and reallsed sales values for simllar propertles.
FUNDXNG FOR THE ACADEMY'S CHARrrABLE ArnvmES
31.8.25
Total
funds
31,8.24
Total
funds
Unrestricted Restrftted
funds
funds
Educatlonal operatlons
Income from the •cademy'
educatlonJl op¢ratlons
1 997 348
1928 484
Other Income
96,603
INVESTMENT XNCOME
31.8.25
31.8.24
Rents recelved
Interest recelvabie
73,047
72,165
Intlnued...

Ho
and Hou
e School
EXPENDITURE
31.8.25
31.8.24
Non-pay expendtture
Other
Staff
Premlses
Total
Total
Charltsble •¢tlvltles
A¢ademVg educat10￿1 op•rntlons
Dlrett costs
991,201
Allocated 5UPPOrt costs
206 176
133,874
430,054
1,555,129
1,5C19,775
260 879
1 197 377
451616
1 831 033
1 770 654
Net Incomel(eXpendi￿re) is stated after thargingl(crediting):
31.8.25
31.8.24
Audltor's fee
Depreclatlon - owned assÈts
21,562
21,567
CHARrrABLE AcrivrrIES- ACADEMY'S EDUCATIONAL OPERATIONS
31.8.25
Totsl
funds
31.8.24
Total
funds
Unrestricted Restnrted
funds
funds
Dlrett costs
Support costs
1,530,742
24,387
1,555,129
275 904
1,509,775
260 879
1 806 646
1 831 033
1 77D 654
31.8.25
Total
31.8,24
Total
Analysls of support costs
Support staff costs
Prem15es costs
Govemnce costs
206.176
48,166
191,137
48,175
Total support costs
STAFF cosrs
31,8.25
31.B.24
Wages and salarles
Soclal secur(ty costs
Operating costs of deflned benefit penslon sthemes
927,D99
105,470
157 383
934,316
99.121
169 957
1.189,952
1,203,394
Supply teacher costs
1 197 377
1 208 567
Page 21
contlnued...

Holland House School
Notes t the Financlal Statemen
r the Year Ended
ust 2025
continued
STAFF cosrs - conunued
The average number of persons (induding senior management team) employed by the academy
during the year was as follows:
31.8.25
22
31.8.24
17
Teachlng Stsff - full time equlvalent
Ancillary staff
27
26
The number of employees v4h05e employee beneffts (excluding employer pension costs) exceeded
£60,000 was:
31.8.25
31.8,24
£60,000- £69,999
£70,000 - £79,999
£80,000 - £89,999
RELATED PARTY TRANSACTIONS - TRUSTEES. REMUNERATION AND
EXPENSES
There was no governer5' rernuneration or other benefits for the year ended 31 August 2025 nor for
the year ended 31 August 2024.
COMPARATIVES FOR THE sfATEMENT OF FINANCIAL ACTIvrriES
Unrestricted
fund
Restricted
fund
Totsl
funds
INCOME AND ENDOWMENTS FROM
Charitable activities
Funding for the academy's educational
operab'ons
1.928.484
1,928,484
Investment income
Totsl
2 002 152
2 D02 152
EXPENDITURE ON
Charltable aCtI￿tIeS
Academy's educatlonal operations
1.715.100
55,554
1,770,654
Total
1 715 100
1770 654
Net galns on Investments
370 000
370 000
NET INCOME
287,052
314,446
601,498
RECONCILIATION OF FUNDS
Total funds brought forward
812,933
2,240,606
3,053,539
TOTAL FUNDS CARRIED FORWARD
1 099 985
2 555 052
3 655 037
Page 22
contlnued...

Hol
nd
ouse Scho
nci
Ista
10. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Freehold
property
Totals
cosr
At I September 2J24
Addltlons
1,519,162
269,587
21,085
1,788,749
At 31 August 2025
1 519 162
29D 672
1 809 834
DEPRECIATION
At I September 2D24
Charge for year
339,617
242,117
581,734
At 31 August 2025
351 462
254 659
606 121
NEf BOOK VALUE
At 31 August 2025
1 167 700
1 203 713
At 31 August 2024
1 179 545
1 207 015
11. INVEsfMEpif PROPERTY
FAXR VALUE
At I September 2024
and 31 Auyust 2025
2 345 000
NET BOOK VALUE
At 31 August 2025
2 345 000
At 31 August 2024
2 345 000
Investrnent property Com￿se$ three ￿IdentIal propwues. The falr valut of all propwde5 has been
determined by the GoverrK)r5. The valuation was made op an oren market value basls by refe0ft￿ to m8rket
avidence of Mtal yidds and transathon for simllar propert*s.
12. DEBTORS: AMOUNTS FALLING DUE WmllN ONE YEAR
31.8.25
31.8.24
Trnde debtors
479 636
165
There was advance payment collected for the prevlous year for the School fees.
13. CREDrroRS: AMOUNTS FALUNG DUE WrnIIP4 ONE YEAR
31.8.25
31.8.24
Trade credltors
Soclal securtty and other tsxes
VAT
Other cretlltors
Deposits
Aceruals and deferred Income
Accrued expenses
20.958
4,843
22.660
97,547
1,014
462,861
593.946
106
494,338
239,623
1 186 326
779 03CI
Deferred incorne £504,057 relates to autumn school fees relatlng to the next financlal year that
have been billed In advance.
Page 23
COn￿nued..

H Iland House School
es
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds At 31.8.25
At 1.9.24
Restrlcted g•neral fund
Deslgnated funds
2 551 750
Unrestrlctad fund
General unrestricted funds
1,099,985
362,374
(21,085) 1,441,274
TOTAL FUNDS
3 655 037
337 987
3 993 024
Net movement In funds, Induded In the above are as follows:
Incoming Resources Movement
resources expended
in funds
Reslrfcted gen•ral fund
Designated funds
24 387)
Unre¥trict•d furMI
General unrestrlcted fijnds
2,169,020 (1,806,646)
362,374
TOTAL FUNDS
337 987
Comparatlve$ for movom•nt in funds
Net
movement
In fijnds At 31.8.24
At 1.9.23
Restrfrted general fund
Deslgnated funds
2 240 606
2 555 052
Unrestrfcted fund
General unrestrlcted funds
812,933
287,052
1,099,985
TOTAL FUNDS
3 053 539
601 498
3 655 037
Page 24
contlnued.,.

Holl nd
use School
tat
14. MOVEMENT IN FUNDS- conttnued
Comparatlve net movement In funds, Included In the above are as follows..
Incoming Resources
resources
expended
Gains and Movement
losses
In funds
Restrl¢ted general fund
Designated fund5
370 OQ)O
314 446
Unrestrlctod fund
General unrestrlcted fvnds
2,002.152 (1.715,100)
287,052
TOTAL FUNDS
370 000
601498
15. PEP4SION AND SIMILAR OBLXGATXON
The sd)eol's employees belongs to principal penslon sthemes.. the Teathers, Penslon Scheme
England and Wales (TPS) for the academlc and related staff and NOW Penslon Scheme for
non-teachlng staff.
Teacher•. Penslon Stheme
The Teachers, Penslon Scheme {TPS) 15 a ststutory, contributory, (Jefined benefit seheme,
governed by the Te?chers' Penslon Scheme Regulatlons 2014. Membershlp Is autornatlc for
teacher5 In academles. PJI teachers have the optlon to opt-out of the Trs followlng enrolment.
The TPS is an unfunded scheme to whlch both the member and employer makes ctsntributlons, as
a percentage of salary - these contrfbutlons are credlted to the Exchequer. Retlrement and other
pension beneflts Ire pald by publlc funds provlded by PaHlament.
Page 25
conijnued...

Holland House School
02
IS, PENSION AND SIMILAR OBUGATION - contlnued
Valuatlon of the Tuchers, Panslon Schamq
The Government Actuaryi uslng nom)al actuarial prlnclple5, condurts a fomial attuarlal revlew of
the TPS In accordance wlth the Public Servlce Penslons (Valuatlons and Employer Ctrst Cap)
Dlrectlons 2014 published by HM Treasury every 4 years. The alm of the revlew Is to ensure
scheme costs are recognised and managed approprfately and the revlew speclfies the level of
future contributions.
Actuarlal stheme valuatlons are dependent on assumpuons about the value of future costs, deslgn
of beneflts and many other fvctors. The latest athsarial valuation of the TPS was carrfed out as at
31 March 2020, The voluatlon report was publlshed by the Department for Education 27
Ottober 2023, wlth the SCAPE rate, set by applying a notional Investment return based on
1.70/0 above the rate of CPI. The key elements of the valuatton and subsequent consultation are,.
Employer contrlbutlon rates set at 28.68% of pensionable pay (inc1udlng a D.08%
administration levyl. Thls is an increase of 5% in employer contrlbutlons and the cost control
result Is such that no change in member benefits Is needed.
Total scheme Ilabllltles (penslons currently In payment and the estlmated cost of future
benefltsl for servlce to the effectlve date of £262,000 mllllon and notlonal a55ets le5tlmatèd
future contributlons together with the notlonal Investments held at the valuatlon date) of
£222,200 mllllontr glvlng a notlonal past servFce defi'cit of £39,800 mllllon.
The result of thls valuatlon was Implemented on l April 2024. The next valuatlon result Is due to
be Implemented from l Aprll 2027.
The employer's penslon Costs pald to TPS In the perlL)J amounted to £145,327 {2024 - £188,860).
A copy of the valuatlon report and supportlng documentatlon is on the Teachers, Penslons web51te.
Under the definltlons set o(Jt In FRS 102, the Trs Is an unfunded multl-ernployer penslon scheme.
The academy Is unable to Idenufy Its Share of the underlylng assets and Ilabllities of the plan.
Accordlnglyi the academy has taken advantsge of the exemption in FRS 102 and has accounted for
Its contrlbuttons to the scheme as if it were a defined contrlbLttlon scheme. The academy has set
out above the Infomiation available on the scheme.
NOW PenBlon Sch•m•
Non teachlng staff are member5 of the NOW Penslon Scheme whlch is a deflned contrlbutlon
scheme. Durlng the year the costs pald to the NOW Penslon Scheme were £67,458 12024..
£36,847).
There were no outstandlng or prepaid cortrfbutlon at elther the beglnnlng or the end of the
nanclal year.
e26
condnued...

I nd House School
16. RELATED PARTY DISCLOSURES
The followlng amounts were re￿1vable on nornial ternis for fees, lunthes and outlngs In re5pert of
chlldren connected with the following Govemors In the fillanclal period.-
2025
2024
vek Chowhan
Sagar Shar
Atesh Mehta
K Patel (was a school govemor last year)
S Tharoo (was a school govemor last year)
14,869
13,723
27,615
11,997
Page 27