REGISTERED COMPANY NUMBER: 02138295 (England and Wales)
REGISTERED CHARITY NU￿lBER. 297106
REPORT OF THE TRUSTEES AJYD
FINAIICIAL STATEMEKrs
FOR THE YEAR ENDED 31 AUGUST 2024
FOR
THE HOWE GREEN EDUCATIONAL TRUST LIMITED
Brindley Millen Limited
Sthtutory Auditors
167 Turners Hill
Cheshunt
Hertfordshirc
EN8 9BH

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMITED
CONTENTS OF THE FIYAINCIAL STATE￿IENTs
for the Year Ended 31 AUGUST 2024
Page
Report of the Trustees
Report of the Independent Auditors
7 to 9
Statement of Financial Activitie5
10
Balance Sbeet
11 to 12
Cash Flow Statement
13
Notes to the Cash Flow Statement
14
Lyotes to the Financial Statements
15 to 25
Detailed Statement of Financial Activities
26 to 27

THE HOTh￿ GREEN EDUCATIONAL TRUST LI￿ItTED
REPORT OF THE TRUSTEES
for the Year Ended 31 AUGUST 2024
The Trustees who are also directors of ihe chariry for ihe purposes of the Companies Act 2(K)6, present their rew)rt with the
fjnancial statemenls of the charity for the year ended 31 August 2024. The Truste¢s haN'e adopted the provisions of
Accounting and Reporting by Clwiiics". Statement of Recommcnded Prncticc applicablc to charitics preparing their accounts
in accordance with ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I
January 2019).
OBJECTIVES AND ACTIVtTIES
Object
The object of the company in accordance with its Memorandum and Articles of Association is the educauon of children.
Strategic Aim
The School's strategic aim 15 to provide a broad and balanced education which enables the children to develop and extend
areas of strengths and interest. Extrn curricular actii'ilies are offered to draw out abilities and academic potential and to
develop wider interests in h"fe, thus prepanng the children for a successful Iransition lo their chosen senior school.
Objeetives for the Year
The Board's main objective continued lo be to educate all Ihe Schwl's pupils to al least the saine high Sts￿d￿rd aL'hieved by
Ihe School in previous years, so that they will be able to fully I￿nefit from iheir chosen senior school. Our strategy for
achieving this is to maintain a high teacher-to-pupil ratio, tailoring our seThrices as appropriate in each case to suil individual
needs.
Page I

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
REPORT OF THE TRUSTEES
for the Year Ended 31 AUGUST 2024
ACHIEVEMENT PERFORMANCE
Achievements & Performance
The past year at Howe Green House School has been one of continued progress, achievernenL and development across all
ar&95 of school life.
Our facilities have seen improvements, with the exlension and resurfacing of our si)orts court providing an enhanced space
for physical activity and sports fixtures. Additionally, we hai'e continued our rolling plan of n￿intenanCe to ensure that our
school environment remains in excellent condition. A variety of inspections, including PAT testing of electrical items, an
independent fire safety audit and Legionella testing, have been caTried out to maintain the highest standards of health and
safety and ensure compliance with regulatory requirements.
Our Little Oaks Nursery expanded its hour5 to now include a 48-week provision alongside the tern] time offering. This has
been well received by many of our busy working families.
We have continued to tnvest in our IT provision, further enhancing the learning experience for our pupils. A special thank
you gocs to thc Parents & Friends Committcc for their generous donation of 10 iPads, which will bc a valuable Tesourcc for
our pupils.
Academically, our Year 6 pupils have excelled, achieving olltstanding exam success. Every child who sat for independent
school entranLe cknun5 was offcrcd a plaLe at their Lhoscn schools, inLluding Felsted, Bishop's Stortford College, St
Edmunds, St Nicholas and Gosfield. In addition. cbildren secured places ai leading state scllools sucb as Hockerill
Anglo-European College, Herts & Essex High School and The Bishop's Stortford High School.
Creativity continues to thrii'e at Howe Green House School. We were proud to celebrate our pupils, achievements in the ISA
Art Compelillon, where we had winning entries. as well as an impressive perfonnance at the Haileybury Choral Competition.
These successes highlight the breadth of talent within our school community.
In sport, we adapted our fixtures this year to compete against similar local independent schools. broadening opportunities for
our pupils. They have participaled in a variety of matche& including tag rugby, netball, football and hockey. A particular
highli￿t was our victory in the ISA North London Tag Rugby Tournament. showcasing the dedication and teamwork of our
young athletes.
This year, we were honoured io welcome Thomas Fleming as our guest S￿aker ai Speech Day. It was particularly special as
hc is an cx-pupil of Howc Grccn Housc. Thotnas is a FIA Gradc Silvcr Drivcr with a promising portfolio of LMP3, GT3,
and GTC racing. During his speech, Thomas inspired our pupils by sharing kn's joumey in motorsport, emphasising the
importance of finding your passion and persei'ering to reach your goals. He spoke about the dedication, resilience and hard
work required to achieve success, leaving the children motivated to pursue their oNvn aspirations with detemiination.
As always, Howe Green House School remains committed to investing in our facilities, creating opportunities, and helping
every child realise their potential and to live life to the thllest. We look forward to another year of growth, achievement, and
success.
Page 2

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
REPORT OF THE TRUSTEES
for the Year Ended 31 AUGUST 2024
FINANCIAL REVIEW
Financial Position
The balance sheet shows total funds of £2,049,326.
Also includcd in total funds is an avnount of £79,909 which is rcstrictcd. Thcsc monics havc cithcr bccn raiscd for, and thciT
use resiricled lo speciflc purposes, or they comprise donaiions subject ￿ donor imposed condilions. Full details of these
restricted funds can be found in nots to ihe accounts together wilh an analysis of movements in the year.
Funds totalling £129,347 have been designated, or set aside. by the GovernoTS for spe¢ific pu￿OseS. These purposes and an
analysis of the movements on the fi￿dS are set out in the notes to the accounts.
Unrestricted fimds of the charity at 31 August 2024 total £1.840.070.
These funds are represented by tangible fixed assets Th'iih a net book value of £2,861,971, which leaves the net current assets
of the General fund in deficit by £49,376 with long tern] liabilities of £763,269.
Investment Policy
The Govemors may act as T￿￿ttts of any propety. endowment legacy. bequest or gift given. held or acquired for
educational purposes. The Governors may invest the monies of the Company not immediately Tequired for its purposes in or
upon such investn]ents, securities or property as may be thought fit. but so that monies representing property subject to the
justification of the Charity Commissioners of England and Wales shall only be invested in such securities and with sanction
as may for the time being be prescribed by law.
The Charity's Assets
Acquisitions and disposals of Iixcd asscls during thc ycaT arc iecoTdcd in thc notes to thc accounts.
Company law requires the Governors to prepare accounts for each financial year which give a tTue and fair view of the
on]panVs financial activities during the year and of its financial position at the end of the year. In preparing accounts giving
a true and fair view, the governors, should follow best praciice and:
Select suitable accounting policies and then apply them consistently-
Makc judgcn]cnts and cstin]atcs that are reasonable and prudent.
Stale wheiher applicable accounting standards have been followed. subject to any material departures disclosed in
the accounts-
Prepare the accounts on the going conceTn b&5is unless it is inappropriate to presume that the charity will continue in
operation.
The Governors are responsible for keeping accounting records which disclose with reasonable accuracy the financial
position of the charity and which enable theTn to ensure that the accounts comply wilh the Charities Act 2011. They are also
responsible for safeguarding the assets of the chariiy and hence for ￿kIng reasonable steps for the prevention and detection
of fraud and other irregularities.
Each of thc sub-committees list objeclivcs for ihe year against which they ieport on the achicvemcnts and perfonnance of
those objectives.
ReserTre5 Policy
The Board has examined the requ1￿ment for free reserves i.e. those fund5 not invested in tangible fixed assets, designated
for specific purposes, restricted nor othenvise commitied. The Board considers that the level of free reserves should be
increased as circumstances pennit so as lo provide the flexibility needed to cover lemporary shortfalls in incoming resources
due to the timing differences in income flows. and adequate ￿'orkIng capital to cover core costs to allow the School to cope
and rcspond to unforcsccn cmcrgcncics, whilst spccific action plans ate implcmcnlcd. Building of such rescnwcs can only
realistically be viewed over the medium lenn and the Board is satisfied that the school remains in a financially sound
position and that the present level of free reserves is satisfactory.
Page 3

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
REPORT OF THE TRUSTEES
for the Year Ended 31 AUGUST 2024
FINIINCIAL REVtEW
Finance & Premises Committee
To revieTh' the budget for the following year and to set fees accordingly
To continuc to rcvicw how thc scssional facility within Littlc Oaks IS OPCTating
To monitor public benefii and potential changes lo the slaius of VAT
To review policies in line witb the School Development Plan
Education Committee
To review the apprnisal process thtoughout the Sch￿1
To scmtinise the roles of subject c￿OrdInatorS
To review the Bursary AThard
To review policies in line with the School Developtnent Plan
Marketing Committee
To rei'ieTh' marketing for the school
To monitor effectiveness of Open Momings
To consider options for a past pupils associaiion
To review policies in line with the School Development Plan
FUTURE PLANS
Our key objective for thc future rctnains the samc as rcported akM)ve for this ycar.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The charity is controlled by its governing documen( a deed of trust, and constitutes a limited company, limited by guaranfre,
as dcfincd by the Companies Act 2006.
The Company is governed by ils Memorandum and Articles of Association, which were amended in 1996. December 2006
and February 2009.
Governing Body
The Trustees, who are also required under the Articles to sm'e as Direclors of ihe company, are elected at the AGM on the
basis of noininations received from members of the company who are parents of the School. The Directors try to ensure that
at all limes thcrc are four parent Govcrnots. Dircetors also nominatc pcoplc to serve on the Board from outsidc tlic School
who have the necessary skills required to contribuie ￿1]Y to the charity's development. The Board consists of not less than
Ihree nor more than eleven people. Each Director is elecied for a teTm of between 1- 3 years and shall not exceed nine years
in ofyice.
Organisational Management
The Governors of Ihe School act in the capacity of Company's Direcwrs for the purposes of the Companies Act and in the
capacity of Trustees in respect of its charitable objectives under the Charities Act.
The Governors meet as a Board on a termly basis, or more frequently when required. to review and direct the general
educational charitable objectives of the Company. Sub-cornmittees consisting of Govemors, Head, and orher members of the
Scnior Managcrnent Team, meel once or twice per terni and covcr Finance & Prcmises, Education and Markcting. The day
lo day tunning OF tbe SLhool is delegated to the Head, who is supportcd by the Butsai and oiber tcaching members of the
Senior Management Team.
Trustee Induction & Training
Ncw Directors arc providcd with an illduction pack giving full dctails of thc workings of the SchiM)l. Trustcc training
workshops are offered throughout the year with ihe focus on responsibilities and key issues for school governors. risk
management, SORP and the role of the Charity Commission in school regulation.
Page 4

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
REPORT OF THE TRUSTEES
for the Year Ended 31 AUGUST 2024
STRUCTURE, GOVERISANCE AND MANAGEMEYr
Key Illanagement Remuneration
The trustees cary out and annual pay review to ensure that the chariws pay levels are fair, competitive and an effective use
of charitablc funds.
REFEREYCE AND ADMINISTIL4TIVE DETAILS
Regislered Companv number
02138295 (England and Wales)
Registered Charity number
297106
Registered office
Howe CJreen House
Great Hallingbury
Bishops Stortford
Hertfordshire
CM22 7UF
Trustees
Mrs A J Cutlan-smjih
Mrs A B White (resigned 25.2.25)
W Wells
Mrs S F Brislo
Mrs G C W Roger5
Mrs M E Sanders
Dr G B Ambepiliya
Mrs E G Lester
E C J Fieldin-
Ms M Calnan (appointed 27.3.24)
R J F Dalton (appoinied 27.3.24)
Company Secretary
Miss S M Parlanc
Auditors
Brindley Millen Limited
Statutory Auditors
167 Tumers Hill
Cheshunl
Hertfordshire
EN8 9BH
The Howe Green Educational Trust Limited, trading as Howe Green House School and Little Oaks Nursery. is a Cornpany
limited by guarantee (No. 2138295) having been in¢ortK)fdted under the Companies Act on 8th June 1987.
The Company does not have a share capital, bul its members in the event of winding up, have guaranteed to contribute to the
assets of the Company a sum not exceeding £ I member. Any surplus on a winding up, after the provision of any pension
or allowances to retired etnployees, shall be £ii'en or transferred to another charitable institution with objects similar to that
of the Company. The Howe Green Educational Trust Limited is a registered clmrily (No. 297106) with the Clwity
Commission for England and Wales.
Page 5

THE HOTh￿ GREEN EDUCATIONAL TRUST LI￿ItTED
REPORT OF THE TRUSTEES
for the Year Ended 31 AUGUST 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trnstees and the fjnancial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)
including Financial Reporting Standard 102 "The Financial ReFQrting Standard applicable in the UK and Republic of
Ireland"
Company laTh' requires the trnstees to prepare financial statements for each financial year which give a true and fair view of
the state of affairs of the charitable eon]pany and of the incoming resourees and application of resources, iT]cluding tlie
income and expenditure, of the charitable company for that period. In preparing those financial statements. the tNstees are
required to
select suitable acLounling policies and thell apply them CODSiStently'
observe Ihe methods and principles in the Charity SORP;
make judgements and estimates thal are reasonable and prudent-
state whether applicable accounting standards have been followeiL subject to any tnaterial departures that must be
disclosed and explained in the fu￿nCIal sialements.
prepare the financial stalements on ihe going concern basis unless it is inappropriate to presume that ihe charitable
company will continue in business.
The ttustees are responsible for kttping proper accounting records which disclose with reasonable accuracy at any time the
rinancial position of the charitable company and to enable them to ensure ihai the financial stalements comply with the
Coinpanies Act 2006. are also responsible for safeguarding the assets of the charitable company and hence for taking
rcasonablc stcps for the prcv"cntion and de￿¢110￿ of ftaud and oihcr itregulatitics.
In so far as the trnstees are aware..
thcrc is no rclcvant audit inforniation of which thc charitablc company's auditors arc unawarc. and
the trustees have taken all steps that they oughi 10 have iaken to make themselves a￿,are of any relevant audit
infonnation and to establish that the auditors are aware of Ihai inforniation.
AUDITORS
The auditors: Brindley Millen Limited, will be proposed for re-ap￿IntMent at the forthcoming Annual General Meeting.
Brindley Millen Limited acquired Hewitt Warin Limited. the preNious auditor who had been approved for re-appointment at
Ihe AGM.
03125DQ25
Approved by orderof the board of ttustees on............................................. and signed on its behalf by:
Sama ntha Bristow (Mar 25, 2025 14.'38 GNITI
Mrs S F Bristow- Trustee
Page 6

REPORT OF THE INDEPENDE￿T AUDfroRS TO THE MEMBERS OF
THE HOW'E GREEN EDUCATIONAL TRUST LIMITED
Opinion
Wc have audited the financial statements of The Howe Green Educational Trust Limited (the 'charitable eompany,) for the
year ended 31 August 2024 which comprise the Statement of Financial Activities. the Balance Sheet, the Cash Flow
Siatement and notes lo the financial statemenls, including a sumrnary of significant accounling w)licies. The financial
porting fratn¢work ihai has been applied in their preparation is applicable law and United Kingdom Accounting Standards
(Unitcd Kingdom Gcnerally Acecpled Accounting Ptaclice), including Financial Rcwrting Standard 102 'TI)c Financial
Reponing Standard applicable in the UK and Republic of Ireland..
In our opinion thc financial statctncnts-.
give a ITue and fait view ol the state ol the charilable company's alfal￿ as at 31 Augusi 2024 and of ils incoming
resources and application of resources, including its income and expenditure, for the year then ended-
have been properly prepared in accordance with United Kingdom Cienerdlly Accepted Accounting Practice. including
Financial ReportingJ Sianddrd 102 The Financial ReFrf)rting Standard applicable in the UK and Republic of IreldT]d and
have been prepared in accordance H'ith the requirements of the Companies Aci 21KI6.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS {UK)) and applicable law. Our
responsibilities under those slandards are furthei described in the Audiiots, responsibilities for the audil of ibe fmanLial
statements section of our report. We are independent of the charitable company in accordance with the ethical requirements
that are relevant to our audit of the financial statements in the UK including the FRC'S Ethical Standard, and we have
fulfilled our otheT ethicdl re5ponsibilitie5 in dceordance Th'ith these requircment5. We believe that the dudit evidence we have
obtained is sufficient and appropriate to prowide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, ￿'e have concluded that the t￿￿tee5, use of the going concern basis of accounting in the
preparation of the financial statements is approptiate.
Based on the work we have perfomied, we have not identified any material uncertainties relating to events or conditions that,
individually or collectively, may east significant doubl on the eharitable company's ability to continue as a going Concern for
a period of at least twelve months from when the financial statements are auihorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the ￿leVallt
seciions of this rcport.
Other information
The trustees are responsible for the other inforniation. The other infonnation comprises the inforniation included in the
Annual Rcwrt, other than thc financial statements our Report of the Independent Auditors thcrcon.
Our opinion on ihe financial statements does not cover the other inforniation an(L except to the extent otherwise explicitly
stated in our ￿Port, we do not express any fonn of &ssurdnce conclusion thereon.
In connection with our audit of the financial sta*menty our responsibility is to read the other infonnation and, in doing so,
consider whether the other inforniation is materially inconsistent with the financial statements or our kno￿,[edge obtained in
thc audit or othcrwisc appcar5 to ￿ tnatcrially tnisstatcd. If wc idcntify such tnatcrial inconsistcncics or apparcnt matcrial
missiaiements, we are required to deierniine whether Ihis gives rise io a malerial inisstatemenl in ibe finanLial sialeinents
Ihemselves. If, based on the work we have perfonnel we conclude that there is a material misststement of this other
inforniation, we are required to report that fact. We have nothing to report in this regard.
Opinions on other matters prescribed bv the Companies Act 2006
In our opinion, based on the work undertaken in ihe course of the audit:
the infonnation given in the Report of the Trustees for the financial year for which the financial slatements are prepared is
consistent w'ith the financial statements: and
the Report of the Trustees has been prepared in accordance with applicable legal requiremenis.
Page 7

REPORT OF THE INDEPENDE￿T AUDfroRS TO THE MEMBERS OF
THE HOW'E GREEN EDUCATIONAL TRUST LIMITED
Matters on Trvhich Ive are required to report by exeeption
In the light of the knoTh'ledge and understhnding ol the charithle company and its environment obtained in the course of the
audit, we have not identified material misstalements in the Report of the Tn￿tees.
We have nothing ￿ rcport in res￿et of thc following mattcts whcte thc Companics Act 2006 rcquircs us to rq)ort to you if,
in our opinion:
adequate accowiting records have not been kept or returns adequate for our audit have not been received from branches
not visitcd by us- or
the [￿ancial statements are not in agrttment with Ihe accounting recoids and reiums; or
certain disclosures of trustees, remuneration specified by law are noi made. or
we have not received all the infomMtion and explanations we require for our audit. or
the trustees weTe not entitled to take advantage of the small companies exemption from the requirement to prepare a
Strategic Report or in preparing the Report of the Trusiees.
Rcsponsibilitics of trustces
A8 explained more fully in the Statement of Trustees, ResEKTrnsibilities. the trustee5 (who are also the directors of the
chariL4ble uompany foi the purposes of company la￿.) are responsible foi the preparaiion of the fmancial sta￿mentS and for
being satisfied that they ￿ve a t￿e and fair view, and for such internal control as the trustees detennine is necessary to
enable the preparation of financial statements that are free from material misststement, whether due to fraud or error.
In preparing the financial statements. the tnlstees are responsible for assessing the charitable company's ability to continue as
a going concern. disclosing, as applicable, matters related to going concem and using the going concem basis of accounling
unless the trustees either intend to liquidate the charitable wmpany or to cease operdtions, or hai'e no realistic alternative but
to do so.
Our responsibilities for the audit of the f￿an(la1 statements
ir objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material
missLltement, whether due to fraud or error. and to issue a ReEM)rt of the Independent Auditors that includes our opinion.
Reasonable assurance is a high level of assurance. bui is not a guarantee that an audit conducted in accordance with ISAS
(UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are
considered material if, indii'idually or in the aggregate, they could reasonably b¢ expected to influence the economic
decisions of users taken on Ihc basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below..
We obtained an understanding of the legal and regulatory frameworks that are applicable to the charity and detem]ined that
Ihe most significant are those covered by ihe Statemenl of Recommended Practice for Charities ISORP 2019) and the
Charities Act 201 l. We assessed the risk of material misstatement in respect of fraud by making enquiries of managernent
l￿d trustees and by testing the implementation of aLLuunting Luntrols in placc.
Based on the results of our risk assessment we designed our audit pr(Kedures to identify non-compliance with such laws and
regulalions identified above by n]aking enquiries with key personnel and rei'iewing relevant documentation such as minutes
of Trustee meetings and correspondence with regulatory l)odies. Ive considered the risk of fraud through management
oN'erride by incorporation lesling of Journal entries and reviewing any requirements to meet perfonnance largets. We also
considered, and tesled for, the possibility of unauthorised payments to related parties.
A further description of our responsibilities for the audit of the ftnancial statements is located on the Financial Reporting
Council's website at Ww￿,.frC.Org.uklalldlt0rsres￿nSlb1lI1les. This description forms part of our Rew)rt of the Jndependent
Auditors.
Page 8

REPORT OF THE INDEPENDE￿T AUDfroRS TO THE MEMBERS OF
THE HOW'E GREEN EDUCATIONAL TRUST LIMITED
Use of our report
This report is made solely to the charitable company's members. as a Ix)dy. in accordance with Chapter 3 of Part 16 of the
Companies Aci 2006. Our audit work has been undertaken so that we might state to the charitable company's members those
matters we are required to state to them in an auditors, report and for no other purpose. To ih¢ fullest extent perniitted by
law, wc do not acccpt or assumc rcsponsibility io anyone othcr than the charitable company and the cbaritablc company's
members as a boKly, for our audit ￿ork. for this reporL or for ihe opinions we have fonned.
Maurice Brindley FCA Bsc (Senior Statutory Auditor)
for and on behalf uf Brindley Millen Limited
Statutory Auditors
167 Tumers Hill
Che5hiint
Ilertfordshire
EN8 9BH
Date..
0312512025
Page 9

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
STATEMENT OF FINANCIAL ACTIVITIES
(INcORPORATI￿G AN INCOME AND EXPENDITURE ACCOUNJ)
for the Year Ended 31 AUGUST 2024
31.8.24
Total
funds
31.8.23
Total
fl￿d5
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOIIMENTS FROM
Donations and legacies
46,726
46,726
21,848
Charitable #ctivities
TuloTial Losts
Management and administration
Fees receiTrable
(48)
17,720
2,097,444
(48)
17,720
2,097,444
25,352
2,023,854
Investment income
1240
1,240
431
Total
2,163.082
2.163,082
2,071,485
EXPENDITURE ON
Charitable actiiities
Tutorial costs
Property
Welfare
Management and administration
Finance costs
1299.945
289,601
81,177
281.814
56.315
1,299,945
289,601
81,177
281,814
56,315
1,344,702
269,153
90,093
321,977
46,991
Other
60,281
Total
2,(M)8,852
2,008,852
2,133,197
NET INCOMElffXPENDITURE)
154230
154,230
(61,712}
RECONCILIATION OF FUNDS
Total funds brought fonvard
1,815,187
79,909
1,895.096
1,956,808
TOTAL FUNDS CARRIED FORII'ARD
1,969.417
79,909
2.049,326
1.895,096
The notes forni part of these financial statements
Page 10

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED (REGISTERED NUMBER: 02138295)
BALANCE SHEET
31 AUGUST 2024
31.8.24
Total
funds
31.8.23
Total
funds
Unrestricied
funds
Restricted
fwids
Notes
FIXED ASSETS
Tangible assets
2.782.062
79.909
2,861,971
2,868,259
CURRENT ASSETS
Debtors
Cash al bank
12
315,758
660,475
315,758
660.475
10,605
135,160
976233
976,233
145,765
CREDrfoRS
Amounts falling due within one year
13
(1,025,609)
(1,025,609)
(298,068 }
NET CURRENT ASSETS
(49,376)
(49,376)
(152,303 }
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,732,686
79,909
2,812,595
2,715,956
CREDITORS
Amounts falling due after more than one year
14
(763,269)
(763,269)
(820,860 }
NET ASSETS
1,969.417
79,909
2,049.326
1,895,096
FUNDS
Unrestricted fimds..
General fund
Bursaries Fund
Repairs and maintenance fund
DeN'elopment resen'e
18
1,840,070
39,952
45,OtM)
44,395
1.685,792
40,000
45,000
44,395
1,969,417
1,815,187
Restricted funds".
Restricted capital fund
79.909
79,909
TOTAL FUNDS
2,049,326
1,895,096
The notes forni part of these financial statements
Pagell
continued...

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED (REGISTERED NUMBER: 02138295)
BALANCE SHEET- continued
31 AUGUST 2024
These financial sta￿MentS have been prepared in accordance with the provisions applicable to charitable companies subject
lo the small companies regime.
Thc financial statcmcnts wcrc approved by thc Board of Trustecs and authoriscd for issuc on
and were signed on ils behalf by:
0312512025
5.7elAikl
15..01 GMT)
E C J Fielding - Trustee
Samantha Bristow Imar 25, 2025 14.'38 GMT)
S F Bristow - Trustee
The notes forni part of these financial statements
Page 12

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
CASH FLOW STATEMENT
for the Year Ended 31 AUGUST 2024
31.8.24
31.8.23
Notes
Cash flows frnm operating actiTrities
Cash generated from operations
Finance costs paid
619,146
(56.289)
(126.083)
(46,991)
Nei cash provided by/(us¢d in) operating activities
592,857
{173,074)
Cash flows from investing actiTrities
Purchase of tangible fixed assets
Interest received
(25,390)
1,240
(15.300)
431
Net cash used in investing activities
(24,150)
(14.869)
Cash flows from financing aetiiities
Loan repayments in year
(43,392)
(50,526)
Nel cash used in financing activities
(43,392)
(50,526)
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
525,315
(238,469)
135,160
373,629
Cash and cash equivalenls at the end of the
reporting period
6(rf),475
135,160
The notes fonn part of these fulancial stalements
Page 13

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
NOTES TO THE CASH FLOM, STATEMENT
for the Year Ended 31 AUGUST 2024
RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING
ACTMTIES
31.8.24
31.8.23
Net income/(expenditure) for the reporting period (as per the Ststement
of Financial AetiTrities)
Adju5tmenty for:
DepieLialion chaTges
Interest received
Finance costs
Increase iT] debtors
Increase/(decrease} in creditors
154,230
(61,712)
31,679
(1,240)
56.289
(305,153)
713,341
39,837
(431)
46,991
(1,700)
{149,068)
Net cash provided b)l{used in) operations
649,146
{126,083)
ANALYSIS OF CHANGES IN NET DEBT
At 1.9.23
Cash flow
At 31.8.24
Net cash
Cash at bank
135.160
525,315
660,475
135.160
525,315
660,475
Debt
Debts falling due within l year
Debts falling due after l year
(41.962)
(761,660)
{41,962)
(718,269)
43,391
(803,622)
43,391
(760,231)
Totrdl
(668,462)
568.706
{99,756)
The notes fonn part of these financial stalements
Page 14

THE HOTh￿ GREEN EDUCATIONAL TRUST LINltrED
NOTES TO THE FINANCIAL sTATE￿IENTs
for the Year Ended 31 AUGUST 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements and assessment of going eoncern
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been
prcpaTcd in accordancc with thc Charitics SORP (FRS 102) 'Accounting and Rcporting by Charitics.. Statcmcnt of
Recommended Practice applicable io chatilies preparing their accounis in accordance wilh the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (eftective l January 2019}', Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies
Act 2006. The financial statements have been prepared under the historical cost cOn￿entIOn.
These accounls have been prepared on the basis of a Going Concern.
The Trustees have continued ts) take reasonable measures to mitigate the risks to the School with monthly accounts
prepared by an external organisation. Trustees have ￿'eeklY communications, regular meetings and review of
policies, together with periodic inspections of safeguarding measures when in school.
The financial statements are presented in sterling (£).
Critical accounting judgements and kev sources of estimation uncertainty
In preparing financial staleinenls it is necessary to niake certain judgements, ¢stin]ated and assumptions that affect
the amounts recognised in the financial statements. The lollowing judgements and estimates are considered by the
tNstees lo have most sigmificant effect on amounts reCO￿lSed in the financial statements.
Uscful cconomic lifc of tangiblc fixcd a5SCts.'
The annual depreciation charge for tangible asseis is sensitive to changes in the eslima*d useful economic lives and
residual values of the assets. The useful economic lives and residual values are reassessed annually. They are
amended when necessary to reflect Cll￿ent estimates. based on technological adN'ancement, ￿tUre inTrestments,
economiL utilisation and thc physiLal Londition of tbe assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is
probable that the income will be received and thc avnount can be tncasured reliably.
School fees relating to the curreni financial vear are included in income, Fees paid in advance are carried fonvard to
be credited to income in the financial year to which they relate. CJrants receiiTable are included in income when any
conditions relating to them hai'e been fulfilled.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity
to that expenditUTe, it is probable that a transfet of cconomic bcnefits will be Tcquircd in settlctnent and the a￿Ount
of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified
under headings that aggregate all cost relatd to the category. Ivhere costs cannot be directly attributed io particular
headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible r￿ed assets
All assets with a cost grealer than £l,(KM) and with an expected useful life exceeding one year are capitalised.
DepTeciation is provided at the following aT]nual rates in OTdeT to write off each asset oveT its estimated useful life..
- Compuler equipment 33 % straight line
- Fixtures and fittings 10 % straight line
- Portakabin & Driveway I￿/0 straight line
Page 15
continued...

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
NOTES TO THE FINANCIAL STATEiIIENTS- continued
for the Year Ended 31 AUGUST 2024
ACCOUNTING POLICIES- continued
Tangible fixed assets
No dcprcciation is providcd on frcchold PTOPCrty and classriK)rnS &5 thc propcrty is to bc maintained rcgularly so that
its residual value will not be less than the cosl of the property. Any depreciation cbarge arising would not be
material.
Taxation
The clthrity is exempl from cotpornlion tax on ils clwitable activities.
Fund accounting
General fi￿dS are available for use at the di￿retion of the Governors in furtherance of the general objectives of the
con]pally.
Designated funds cornprise general funds which have been set aside at the discretion of the Governors for specific
pU￿0$e5. The purt)oses and use of the designated funds is set out in the notes to the accounts.
Restricted funds comprise gifts of cash for the restricted purpose of providing r￿ed assets for charity use, or for
purchasing other identified specific items for charity wse.
All income and expenditure is shown in the statement of financiaI activities.
Net current assets
Debtors
Tradc and othcr dcbtors arc rccogniscd at thc scttlctncnt aniouDt. Prcpaymcnts arc valucd at thc amount prcpaid.
Cash at bank and in hand
Cash ai bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal
limitalions.
Creditors
Credilors are reCO￿lSed where the charity has a present obligalion resulting from a past event that will result in the
transfer of funds 10 a third paty and the amount due to settle the obligation can be measured or estimated reliably.
Crcditors aTe recogniscd at their scttlcn]cnt amount.
Funds received to acquire tangible r￿ed assets
Where funds are receii'ed to enable the Charity to acquire fixed assets for use in the delivery of ils services, the funds
are held as restricted income until the assets are acquired. When assets are purchased from such funds the restiiction
is regarded as discharged and the funds are transferred representing ￿ng1b]e fixed assets.
Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially sertled at transaction value and subsequently measured at their settlement
value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest
method.
Page 16
continued...

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
NOTES TO THE FINANCIAL STATE￿IENTs- continued
for the Year Ended 31 AUGUST 2024
DONATIONS AND LEGACIES
31.8.24
31.8.23
Donations and sundry income
46,726
21,848
INVESTMENT tNCOME
31.8.24
31.8.23
Deposit account interest
1.240
431
INCOME FROM CHARITABLE ACTIVITIES
31.8.24
31.8.23
A￿1Vity
Tutorial costs
Management and administrdtion
Ftts receivable
Fees receivable
Bursaries awarded
Grnnts
School Fees charged
Little Oaks Fees
Essex County Council Free
Early Educaiion Entitlemeni
Grant
Lunches
Rcgistration fccs
Supervision fees
(48)
17,720
1.659.683
298,267
25,352
1.625.396
275,729
Fees receivable
Fees receivable
Fccs Tcccivablc
Fees receivable
51.983
83.649
4,230
(368)
35,156
82,500
4,690
383
2,115,116
2,049,206
Grants received. included in the above, are as follows:
31.8.24
31.8.23
Herts CC
17,720
25,352
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 6)
Direct
Costs
Totals
Tutorial costs
Property
Wclfarc
Management and administration
Finance costs
1,299,945
289,601
81.177
308
1,299,945
289,601
81,177
281,814
56,315
281,506
56,315
1.671.031
337,821
2,IK)8,852
Page 17
continued...

THE Ho￿￿ GREEN EDUCATIONAL TRUST LIMtrED
NOTES TO THE FINANCIAL STATE￿IENTs- continued
for the Year Ended 31 AUGUST 2024
SUPPORT COSTS
Governance
costs
Finance
Totals
Management and administration
Finance costs
281,506
26
281,506
56,315
56.289
56,289
281,532
337,821
NET INCOMEI(EXPENDITURE)
Net income/(expendiDJre) is stated after chargingl(crediting)'.
31.8.24
31.8.23
Auditors remuneration
Depreciation- owned assets
8,106
31,678
5.940
39,8.35
TRUSTEES, REMUNEIL4TION AND BENEFITS
No Governors received remuneration in their Capacity as trustees during the year (2023.. none).
Trustees, eTpenses
No Govemors received reimbursement in their capacity as trustees during the year. (2023.. none)
STAFF COSTS
2024
2023
Staff costs during the year were as follows..
Wagcs and salarics
Social securiiy costs
Other pension costs
1,171,841
100,934
100,858
1,186,454
109,703
94,849
1,373,633
1,391,006
One employee earned between £60,(KK) and £70,(MX) per annum (including benefits) during the year (2023.. one).
The number of employees, analysed by fimction was:
2024
37
15
2023
37
16
Teaching staff
Office management / Ancillary
52
53
The Governors consider that ihe Key Management Personnel of the organisation comprise the Board of Governors,
Co-Heads, Head of Pastoral and Bursar. Total Key Management Personnel remuneration in the year was £294.223
(2023.. £374,432)
Page 18
continued...

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
NOTES TO THE FINANCIAL STATE￿IENTs- continued
for the Year Ended 31 AUGUST 2024
io.
COMPAIL4TIVES FOR THE STATEhlENT OF FINANCIAL ACTIVITIES
Unreslricted
funds
Restsicted
nds
Total
funds
INCOLIIE AND ENDOWMENTS FROM
Donations and legacies
21,848
21,848
Charitable acti￿ryties
Management and a(Iministration
Fees receivable
25.352
2,023.854
25,352
2.023,854
Investment income
431
431
Total
2,071.485
2,071,485
EXPENDITURE O
Charitable activities
Tutorial costs
Property
Welfare
Management and administration
Financc costs
1,344.702
269.153
90,093
321,977
46,991
1,344,702
269,153
90,093
321,977
46,991
Other
60,281
60,281
Total
2,133,197
2,133,197
NET INCOMEI(EXPENDtruRE)
(61,712)
(61.712)
RECONCILL4TION OF FUNDS
Total tunds brought tonvard
1,876,899
79,909
,956,808
TOTAL FUNDS CARRIED FORWARD
1,815,187
79,909
1.895,096
Page 19
continued...

THE Ho￿￿ GREEN EDUCATIONAL TRUST LIMtrED
NOTES TO THE FINANCIAL STATE￿IENTs- continued
for the Year Ended 31 AUGUST 2024
ii.
TANGIBLE FIXED ASSETS
Fixtures
Freehold
property
Plant and
machinery
fittings
COST
At I September 2023
Additions
2,831,689
197,204
10,290
At 31 August 2024
2,831,689
10.290
197,204
DEPRECIATION
At I September 2023
Charge for year
67277
106,735
14,578
414
At 31 August 2024
67,277
414
121,313
NET BOOK VALUE
At 31 Augusl 2024
2,764,412
9,876
75,891
At 31 August 2023
2,764,412
90,469
Motor
vchicles
Computer
equipmcnt
Totals
COST
At I September 2023
Additions
118,511
850
3,147,404
25,390
14250
At 31 Augusl 2024
14,250
119,361
3,172,794
DEPRECIATION
At I September 2023
Charge for year
105,133
13,420
279,145
31,678
3,266
At 31 August 2024
3,266
118,553
310,823
NET BOOK VALUE
At 31 August 2024
10,984
808
2,861,971
At 31 August 2023
13,378
2.868,259
Thc tangible fixed assets aTC used cxelusively for the cducational purposes of the charitable company.
Page 20
continued...

THE Ho￿￿ GREEN EDUCATIONAL TRUST LIMtrED
NOTES TO THE FINANCIAL STATE￿IENTs- continued
for the Year Ended 31 AUGUST 2024
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24
31.8.23
Other debtors
Prepayments and accrued income
298,464
17,294
4,248
6,357
315,758
10,605
13.
CREDITORS: AMOUNTS FALLLNG DUE WITHIN ONE YEAR
31.8.24
31.8.23
Bank loans and overdrafts (see note 15)
Trade creditors
Social security and other t&xes
Other crcdilors
Fees in Advance
Acceptance Fees
Accruals and deferred in¢ome
41,962
47.216
23.747
25,640
842,633
31,500
12.911
41,962
22,057
17,896
173,723
10,000
32,430
1,025,609
298,068
14.
CREDITORS: AMOUNTS FALLLNG DUE AFTER MORE THAN ONE YEAR
31.8.24
31.8.23
Bank loans (see note 15)
ALLCPtanee fees
718,269
45,000
761,660
59,200
763,269
820,860
15.
LOANS
An analysis of the maturity of loans is given beloM':
31.8.24
31.8.23
Amounts falling due within one year on demand=
Bank loans and overdrafts
41,962
41,962
Amounts falling between one and two years:
Bank loans - 1-2 years
57,700
57,700
Amounts falling due between two and five years:
Bank loans - 2-5 years
173,IIMI
173.100
Amounts falling due in more than five years:
Repayable by instalments=
Bank loans more 5 yi by instal
487,469
530,860
Page21
continued...

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
NOTES TO THE FINANCIAL STATEMENTS- continued
for the Year Ended 31 AUGUST 2024
16.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
31.8.24
31.8.23
Within one year
Bctw¢¢n one and five years
13.864
41,593
55.457
17.
SECURED DEBTS
The following secured debts are included within creditors:
31.8.24
31.8.23
Bank loans
760,231
803,622
There are three commercial mortgages in operation The first is repayable by monthly instslments oN'er 30 years with
interest at 1.60/0 over base. The second is repayable by Tnonthly instaln]eT]ts oNer 20 years with interest at 2.7 % over
base. The third is repayable by monthly instalments over 30 years with intetest al 1.97 % over base. They are secured
by legal charges over the freehold land and buildings. The bank has a r￿e￿ and floating charge over all other assets.
18.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.8.24
At 1.9.23
Unrestricted funds
General fund
Bursaries Fund
Repairs and maintenance fimd
Development reseTve
1.685.792
40,IKM)
45,IKK)
154,278
(48)
1,840,070
39,952
45,000
44,395
1,815,187
154,230
1,969,417
Restricted funds
RestriLted Lapital fund
79,909
79,909
TOTAL FUNDS
1,895.096
154,230
2,049,326
Page 22
continued...

THE Ho￿￿ GREEN EDUCATIONAL TRUST LIMtrED
NOTES TO THE FINANCIAL STATE￿IENTs- continued
for the Year Ended 31 AUGUST 2024
18.
MOVEMENT IN FUNDS- continued
Net movement in fimds, included in the above are as follows:
Incoming
Resources
expended
Movement
in ￿ndS
Unreytricted funds
GeneTal fund
Bursaries Fund
2.163,130
(48)
(2,008,852)
154,278
(48)
2,163,082
(2,008,852)
154,230
TOTAL FUNDS
2,163.082
(2,008.852)
154,230
Comparatives for movement in funds
Net
movement
in funds
At
31.8.23
At 1.9.22
Unrestricted fund5
CJeneTal fund
Bursaries Fund
Repairs and maintenance fund
Development reserve
1,747,504
40.(KK)
45.(KK)
44,395
(61,712)
1,685,792
40,000
45,000
44.395
1.876.899
(61,712)
1,815,187
Restricted funds
Restricted capital ￿nd
79,9
79,909
TOTAL FUNDS
1,956.808
(61,712)
1,895,096
Comparative net movemeni in fimd%, included in the above aTe as follows".
Incoming
Resources
expended
Movement
in funds
Unrestricted funds
General tund
2,071,485
(2,133,197)
(61,712)
TOTAL FUNDS
2.071.485
(2,133,197)
{61,712)
Page 23
continued...

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
NOTES TO THE FINANCIAL STATE￿IENTs- continued
for the Year Ended 31 AUGUST 2024
18.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 montbs combined position is as follows:
Net
moi'ement
in funds
At
31.8.24
At 1.9.22
Unrestricted funds
General fund
Bursaries Fund
Repairs and maintenance fimd
Development reserve
1,747.504
40,fKA)
45,(KM)
44,395
92.566
(48)
1.840,070
39,952
45,000
44,395
1.876,899
92,518
1,969.417
Restricted funds
Restricted capital fund
79,909
79,909
TOTAL FUNDS
1,956,808
92,518
2,049.326
A current 12 months and prior year 12 montbs combined net movement in ￿nds, included in the above are as
follows..
Incoming
Resources
expended
Movement
in funds
Unrestricted funds
General fund
Bursaries Fund
4.234.615
(48)
(4,142.049)
92,566
(48)
4.234,567
(4,142,IH9)
92,518
TOTAL Ful￿5
4,234.567
(4,142,049)
92,518
The bursary fund M'as established lo provide short temi hardship grants and long terni bursary aThards for pupils at
the discrelion of the Governors. During the year no Iransfers were made to or from this fund (2023:none }
The repairs and maintenance fund was esthblished to provide for ihe cost of maintaining tbe property of the company
al the discretion of the Goi'ernors.
Thc Rcstiictcd capital fund consists of tnonics which wcrc donatcd undcr Projcct 2012 for thc rcstrictcd PUryK)sc of
construction ol the Cedar Wall building and asSocia￿d deifelopmenl woiks and represents part of the capiial cost or
the building.
Page 24
continued...

THE HOTh￿ GREEN EDUCATIONAL TRUST LIMtrED
NOTES TO THE FINANCIAL STATEMENTS- continued
for the Year Ended 31 AUGUST 2024
19.
RELATED PARTY DISCLOSURES
At the end of the year ihree Governors were parents of children at the sch(K>l (2023 4 Govemors). School fee
charges are on nornial con]niercial tern]s and Governors derii'e no financial benefit.
There are no ftllther related paty tran&ictions
20.
ULTIMATE CONTROLLING PARTY
In the opinion of the Governors, there is no ultimate controlling party.
21.
LIMITED LIABILITY
The company is limited by guarantee and hence bas no share capital. The amount guaranteed is £1 per inember.
There were 57 members of the company at 31 August 2024 {2023 - 72).
22.
CHARITABLE STATUS
The company is a re￿stered chanty (Charity Re￿sIratIOn Number 297106).
23.
PENSION COMMITMENTS
Pension costs include payments by the company to APTIS (Aviva Pension T￿￿t for Independent Schools) a Defined
Contribution Scheme for teaching staff ivith employer contributions ar 16_40/0 and under auto-enrolrnent to NEST
Workplace Pension Scheme.
Following Consultation the School exited Ihe Teachers. Pension Scheme as at 31 st August 2020 due to the signiflcant
increase in the level of employer contributions.
Employer contributions lo APTIS and the NEST workplace pension scheme are recognised as an expense in the
SLqiement of Financial Activities when they fall due.
Page 25