Regtstered C¢mpany number: 01942216 (England and Wales)
Registered Charity number: 297580
GOVERNORS, REPORT, STRATEGIC REPORT AND FINANCIAL STATEMENTS
FOR
HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED
(LIMITED BY GUARANTEE)
FOR THE YEAR END 31 AUGUST 2025

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED (LIMITED-BY GUARAPITEE)
LEGAL AND ADMINisfRATIVE INFORMATION
Governors
Mr 5 D Brookhouse
Mrs R Hartley
Mrs B A Hunwicks
Mrs F Kitchen
Mrs S L Maher
Mr l A McKi550ck
Dr C L Mcshane
Mr L Pytel
Mrj X Withrington
Secretary
Mr J Bell
Head
MrA Ward
Charity Number
297580
Company Number
01942216
Re8iStered Office & Prlncipal Address
Church Hill House
Hor5ell
Woking
Surrey
GU214QW
Audltors
TC Group
The Courtyard
Shoreharn Road
Upper Beedih8
Steyning
West Sussex
BN44 3TN
Bankers
Lloyds Bank plc
Woking GUI 3ZR
Barclays Bank plc
Woking GU216AE
Solicitor5
Veale Wasbrough
Bristol BSI 4QA
GBH Law Ltd
Elstead GU7 IJX

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED ILIMITED BY GUARANTEE)
CONTENTS
Page
Governors. Report Ilncorporating Strategie Reportl
Statement of Governors. Responsibilities
Report of the Independent Auditors
Statement of Financial ActivltSes
13
Balance Sheet
14
Cash Flow Statement
15
Notes to the Financial Statements
16

HAI5TEADST ANDREWIS SC+IOOL TRIIsHIMIFEI)4U￿￿¥fjUAR11ff£E>
GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
The Governors of Halstead St. AndreWs School Trust Limlted present their annual report and audlted accounts forthe
yearended 31st August 2025 and confirm they Comp￿ with the ￿qUIrementS of the Charities Act 2011, the trust deed
and the charities SORP IFRS 1021.
REFERENCE AND ADMINISTRATIVE D￿AlL5 OF THE CHARITY. ITS TRUSTEES & ADVISERS
The dlrectors who held office at the date of thls report are as shown in the legal and administrative Information.
STATUS AND ORGANISATION OFTHE SCHOOL
Following the merger of Halstead and St Andrew's in 2023, the school was established as a company limlted by
8uarantee' company registration number 01942216. The charity registration number is 297580.
The values and ethos ensure the children are happy because they know that this makes for better learning.. both
schools promoted confidence and selF-esteem whlch lead to 2nd supported positlve and personal gr0￿h and
achlevement for all pupils, and both provlded an inclu51ve, kind and secure environment.
The sole actlvlty of the company in the year under revlew was that of running a fee-P2yln8 school, whlch represent5
its principal source of funding.
OBJECTIVES
To be the leadin8 Prep School in Woking and the surrounding areas.
The school's vision is-
HalsteadStAndrew s is ofomilyschool, prnv￿l￿g o caring4 secure t7ndnurturing environment that allows ourpupils to
leorn oboutthemselvesundgrow in confidence. Wepasslonotelybelieve thothappychildren learn better, ond we make
no opologyforensuring that happlne5S is a priorlty in ourschool.
The school's mantra is..
Nurture- Thrive- Succeed
The school prides itself on-
Being a family-oriented, nurturlng environment, with values at its heart.
Providing high-qualr(y enrichment opportunities and value added for pupils.
The school aims to create a stimulating and happy environment of trust and support in which all pupils are encouraged
and enabled to develop their skills, talents. Interests and potential to the full- Intellectuallys physically and Spiritually.
regardless of social circumstances, age or religion:
to provide a first-cla5s education, independent of the state 5y5tem, for boys Bnd glrls aged 2 to 13 years;
to provide an environment, developing to the full each pupil'5 Iritellectual, sportlng, artistlc, musical,
spiritual and social faculties, whilst ensuring that each child recognises that caring for others is also of
utmost importance-
to provide an envlronment where each pupil can develop and fulfil their potential In small class 51zes,'
to produce well rounded individuals who. no matter what their stren8ths or weaknesse5 Tnay be, are able
to contribute to a community that requires tolerance and understanding. It is important thal our alumni
are of benefit to society as a whole-
to strive for qualFty, excellence and the hlghest standards of education for all pupils;
to provide awarm and caring communltywhere 211 member5 5howcommitment, courtesy, CWFeration,
tolerance and compassion-
to identify pupils, needs, settlng relevant tasks whlch will be re8ularly assessed to facilitate progress and
fulfil their potential.
to engender a spirit of learning so that pupils see education as a lrfelong process;

HAtSTEAD ST ANDREWIS KHOOL TRUST LIMITED (LIMITED BY GUARANTEE)
GOVERNORS, REPORT {INCORPORATING THE STRATEGIC REPORn
to offer a wide range of extra-turricular opportunitie5 and experiences,.
to educate pupils to fit happily and confidently into their future schools,.
to see ourselves as part of the wider community and adapt to meet the changing needs of Society.
The Board of DI￿¢torS (who are the Governors and Trustees of the School) meet at least three times a year to
determine mattèrs of gèneral policy. review its overall management and control and agree the School's stated
objectives, lor which it is legally responsible. To achieve this, the Governors periodically review the strategic and
finarTrcial aims of the school, monitor its progress against them, appoint the Head and Director of Finance / Dirèctor of
Busine55 Operations (hereafter, Bursar), set fee rate5, agree cap¢tal expenditure, recommend and approve educational
Policy and provlde general 5UPPOrt to the teachlng staff. Governo￿ are appointed with relevant skills in the fields of
education. èccountin& propertyi human resources, etc. New Governors are appointed by the Governors and suitable
training is provided as required. Ex-parents are always encouraged to consider joining the Governors. The School is
a member of AGBIS (Assaciation of Governing Bodie5 in Independent Schoolsl an association that supports the
Governors and keep5 them fuliy informed of all regulatory changes. The day-to-day management of the School is
delegated to the Head, Mr Andrew Ward and the Director of Financeloperations, supported by other teaching
members of the Senior Leadership Team. Halstead St. Andrew's School 15 an active member of the Independent
A550ciation of Preparotory Schools IIAPSI and the Independent Schools, Bursars Association IISBAI for the promotion
and maintenance of pre￿ratory school standards generally.
Sinte the merger, total pupil numbers are lower as the sertor has experienced signrficant change, with shift5 in parent
financesi priorities and beliets about what best supports thelr child's development and education {e.g. some parents
of daughters opting for a 5ingle-sex school environmentl-
We continue to ensure the school is operating on an efficient and fully unified basis following the merger.
The Head has been very clear wlth his moss3ging around this point, w¢th an understanding that HSA has one ethos.
REVIEW OF THE YEAR'S ACTIVITIES AND ACHIEVEMENTS
In 2024-2025 HSA has provlded a rich education for the pupi15, who have achieved excellent academic results. We
have been extremely successful in achieving the pupils. first choice senior school entry and produce excellent added
value for a non-5elective school. Pupils have Eained Several stholarship awards across a range of schools and subjects.
the occepted scholarships can be seen below..
Year
School
HSA Iremainingl
HSA 1￿MaInIng)
HSA Iremainingl
HSA Iremainingl
HSA Iremainingl
Lord Wandsworth
St Teresa's
St Teresa's
St Te￿$a'S
Tormead
Scholarshlp
Academi
Artx2
Drama
Music
Sports x 9
Dance
Academic x 2
D￿ma
Sports x 2
Drama
Cranmore
King Edwards
Lord Wandsworth
Lord Wandsworth
RGS Guildford
st Catherine's
Sports
Art
Academic
Drama
Academic
Academic

HAISTEAO ST ANDREW'S SCHOOL TRUST LIMITED ILIMITED BYGUARANTEE)
GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
We are extremely proud of the pupils and ?11 they have achieved in the academic year 2024-2025. It is a combinatlon
of the pupils, commitment and ability as well as the excellent teaching that has produced such excellent result5. We
belleve the relationship5 that develop between the staff, pupils and parents helps malntain high standards and a love
of learnlng.
Senlor School Destlnations 2024125
Year 6
Year 7
Year 8
Charterhouse
Cranmo
Frensham Hei
Gordon's
Guildford High
Hoe Bridge
Hurstpierpoint
King Edward's
Lord Wandsworth
RGS Guildford
St Catherine's
St John'5
St Teresa's
Tormead
Wellington
hts
The 2024-2025 academic year was another highly Successful and vibrant year for Halstead St Andrew's, with pupils
beneffting from a wide range of educational, sportin& creatlve and enrichment opportunities. Throughout the year,
puplls enjoyed an extensive proBramme of educatiortal visits and residential experiences that enhanced classroom
learning and helped develop confidence, Independence and resilience.
Educational visits included trips to Butser Ancient Farm, the Roald Dahl Museum, Hever Castle, Portsmouth Hlstoric
Oockyard, Winchester Science Centre, Kew Gardens, the Seven Sisters coastline, local places of worship and theatre
visits inclu(ling Matilda the Musical and The Lion, The Witch ènd The Wardrobe. Pupils also benefited from visitlll8
speakers and specialist workshops, including alurnni presentations, storytelling workshops and scholarshSp
prepzration seminars. Residential experiences remained a key part of school life, with pupils vlslting the Three Peaks
Centre. Oakwood Youth Centre, Ca15hot Artivities Centre, Hooke Court, Chateau de la Baudonniere in Normandy and
the Dorset coast, each providin8 valuable opportunf(ie5 for personal growth and charatter development.
Drama and the perforniing arts continued to play a signthcant role across the school. Parents and puplls enjoyed a
wide variety of performances throughout the year including Year S's production of Jonah and the Whale, Year 4,5 Dr
Oolittle and Monkey Mayhem, Year 6,5 production of Oliver Junior and the highly acclaimed Year 7 and 8 produrtion
of School of Rock. The school also hosted services. concerts ond showcase events including the St Andrew's Day
SeNice, Carol Services and a range of musical performances from choirs, ensembles and individual musicians. Pupils
participated in opportunities beyond the school through events such as the Wellington Orchestral Day. Wellington
College Choral Day and Epsom College Strings Day.
Sport continues to be a major strength of the school and our commitment to a genuine sport-for-all ethos ensures
that every pupll can represent the School. Pupils enjoyed extensive fixture programmes across a wlde range of sports
and participated In numerous internal House competition5. There were notable successes in football, hockey, netball,
athletics and swimming. Particularly pleasing was the ￿rforManCe of the Year 6 relay team, who qualified for the
En8land Schools National Swimmitsg Finals and flnished seventh in the country. Pupils a150 represented the school
with distinction at district athletics competitions, with several achieving quallflcation standards for higher levels of
competition. Alongside these achievements, many pupils tontinued to participate in county, regional and natM)nal
performance pathway5 across a varlety of sports.

HALSFEADST ANDREW'S SCHOOL TRUST LIMITED (LIMrrED BY GUARArirEEI
GOVERNORS, REPORT (INCORPORATING THE sfRATEGIC REPORT)
Sports Days, swimming galas and House competitions remained highlights of the School calendar and were extremely
well supported by pupi￿, parents and staff. The House system continues to be central to school life, tostering a stronB
sense of belongin& he3￿hY competition and community spirit. House football, hockey, athletics, swimmin& cross-
country, cricket, tug of war, bowling and general knowledge competitions all contributed to another suceessfvl year
of House competition. Charfty days organised through the Houses continued to 5UPPOrt a ran8e of worthwhile causes
whilst also developing leadership opportunities for older pupils.
The school's enrlchment programme continues to expand and offer5 pupils a wide ranEe of opportunities beyond the
classroom. Activities throughout the year induded mvsic, drama, debatln& chess, outdoor learning. sport, creative
arts and academic enrichment. Pupils achieved success In several external competftSons, Includlng the World Scholar's
Cup, Mathematics competitions an(1 LAMDA examinations. These opportunities help develop confidence, curiosty
and a lifelong love of learning.
Pupil leadership remains an important aspect of school Ilfe. Through the School Council, Eco Countil, House Captaincy
system and è growing range of leadership positions, pupils are encouraged to contribute meaningfully to the
development of the school community. The school contlnues to place sigfirficant value on pupil voice and the Positive
influence that pupils can have on shaping their environment. Environmental awarene55 rernalned a 51ron8 focus
throughout the year as highlighted by the Eco Council Initiatives.
The school continues to provide bur5arial support as an important element of its educational mission. Halstead St
Andrew'5 remains committed to widening access to tts education and supporting families where possible. The school
firmly believes that education has the power to transform lives and takes seriously wts responsibility to ensure that
opportunities are available to talented pupils from a broad ran8e of backgrounds.
The year also saw continued development of the school's facilities and strategic direction. Followlng the successful
merger of Halstead and St Andrew's, further work was undertaken to strengthen the school'5 provision and prepare
for future development. These improvements. alongslde contlnued investment In teachln& learning and enrlchment,
ensure that Halstead St Andrew's remains well positioned forthe ￿t￿re whilst maintaining the carin& famlW<entred
eth05 that lies at the heart of the school.
RELATIONSHIPS, COMMUNITY UNKS AND PUBUC BENEFIT
The Directors operate a policy of maintaining and fostering relationships and links with the wider community, to assist
in demonstrating appropriate publlc benefit and the Director5, awarene55 of relevant Charity Commission guidance,
but also to optimise the use of the School's sporting and other facilr(ies by the local community. In particular, this
policy is de5i8ned to awaken In our pupils a social awareness and to educate them in attive citizenship and personal
responslbllity.
The school allows Its facilitSes to be used by the following organlsations-
Appear Autistic Girls group.
Wokin8 and Horsell Crickel Club - youth teams.
The school hosts an Snter schools football tournament with five local primary schoo15. a netball
tournament wf(h flve local primary schools and a hockey tournament wtth local schools.
The School works with various local organlsations to prornote their work.
Our Dirertor of Music ha5 run a year 2 choir event for local state Primary schools.
Maybury school have visited to take part in various workshops.

"HALSTEAD ST ANDREWS"SCHOOL TRu¥fLIMrrED (LIMITED BY GUARANTEE)
GOVERNORS. REPORT (INCORPORATING THE STRATEGIC REPORT)
The following is a comprehensive list of charities supported and monies donated last year:
Orchard House Charity (Youn8 Minds Trust)
St Mary'5 Church Hor5ell
Children In Need
Just Giving
Enthuse
Save the Children
Royal Geographical Society
Horsell Common Presetvatlon Society
Castle House Charity {Homestartl
Heath House Charity (Surrey Wildlife Trust)
Ukrainian Embassy
£l,OJ6
£300.36
£502.76
£91.5
£300.35
£267.9
£180
£10
£949.4
£873.02
£768.25
These measures implicitly fulfil our aims and objectlve to provide educatlonal support to the wider community. All of
these artivities enhance the School's local reputation for excellence and contribution to the local community and
accordingly. the Directors consider that the School has complied with the duty In section 4 of the Charitles Act 2006.
FINANCIAL REVIEW AND FiJfuRE SUSTAINABIUTY
Thè school has reported operatlng deficits in the current and prior financial years because of a combination of
challenging economic conditions, increasing staff and operating costs, and pupil number presSu￿s. The level of
unrestricted reseNes available to support the school's activilies has reduced and Bovernors have taken correctlve
actlon to create sustainability over the longer term.
The Governors have undertaken a comprehensive reviewofthe school's financial position, operating model and future
strategy. Followin8 this rèview, the Governors concluded that the disposal of one of tts site5 and a non-core property
asset represented the most appropriate mean5 of providing the school with the financial flexibility required to
Implement its strategic plans and secure Sts long-term future.
After the year end, contracts were exchangedlcompleted forthe sale of the properties. The proceed5 of the disposal
will strengthen the school's balance sheet, provide additional working capital and support the implementation of a
revised and more sustainable operating model. Thls Includes measures to ali8n the school's cost base with projected
income levels and to ensure that resoijrces are focused on the delivery of high-quality education in a financially
Sustainable manner.
The Governors acknowledge th? financial challenges experienced during the last two years. and note that such
thallenges are widespread in the independent school sector at this time. They believe that the actions taken, together
with the funds generated from the property disposals, provide a realistic basis for restoring financial stability. The
Governors cor)tinue to monitor performance closely against budget and cash flow forecasts and are confident that the
school Is appropriately posltloned to operate as a going concern whil@ implementing its revised gtrategic plan.
RESERVES POUCY
The Dlrectors consider it essential that the School should have adequate reserves to ensure its financial Security an(1
to enable the school to provide a full education to r(s pupils. Such reserves will be invested primarily in improvingthe
facilities of the School, with appropriate amounts held in short-term bank deposit accounts to provide for future
contlngencies. The completion of the property sales will materially improve the schoofs reserves, at which polnl the
reserves policy will be further reviewed.

HAtSTEAtsST"ANDREWS SCHOOL TRtisr LMTED (UMITED BY GUARANTEE)
GOVERNORS. REPORT (INCORPORATING THE STRATEGIC REPORT)
PAY POUCY FOR SENIOR STAFF
The Directors who are the Trust's trustees. and the senior le2dershlp team comprise the key management personnel
of the charity in charge of directing and operating the Trust on a day-to-day basis. All Director5 give of theirtime free
and receive no remuneration in the year. The pay of the senior staff is reviewed annually. In view of the nature of the
charity, the Directors benchmark against other independent schools of similar size and location by takin8 part in the
Baines Cutler triennial review of teaching staff 5alarie5 and the AGBIS annual Heads and Bursar's salaries.
RISK MANAGEMENT
The Oirectors have a rlsk management strate8y comprSslng a termly review of the principal risks fa￿d by the ¢harity,
the establishment of policies, systems and procedures to mitigate those risks, and the implementation of procedures
designed to minimise or manage the potential impart on the charty should those risk5 materialise. The main risks
identified, and the procedures in place to mf(igate them, ore as follows-
l. A deC￿ase In demand for places and a corresponding reduction in fee income
The Governors recognise that any reduction in pupil numbersi pupil retention or demand for places would adversety
affert fee income and the School's financial resilien￿.
This risk 15 mitlgate(I through a welpplanned admissions and marketing strategy, regular open events, monttoring of
enquiry-to-registration conversion rates, retention data and relevant competitor and tontextual Information.
Admisslon5 and marketSng performance is reported to the Education CommTttee and ￿VieWed by the Board of
Governors on a termly basis.
Cash flow projections and financial forecasts are prepared usin8 prudent assumptions. including conservative pupll-
number assumptions and sensitivity analysis around pupil numbers, fee income and cost pressures. These projections
are reviewed termly by the Finance and Property Committee and the Board of Governors, wtth corrective action
considered where emerging I￿ndS indicate a material risk to budget, reserves or future planning.
Loss of charitable status, public benefrt Challenge or adverse change in charity ortax ￿gulatIOn
The Governors recognise the risk of challenge to the School's charttable status, public benefit provision or a55oEiated
regulatory and tax treatment. The School mitigates this risk by keeping under regular review its charltable objerts,
public benefrt artlvities, bursary provision, partnership work and compliance with Charity Commission reporting
requirements.
Public benefit is a standing item on ihe Governors, agenda and is considered when strategic, financial and operational
decisions are made. The School also takes account of guidance from the Charity Commission, Companles House, its
auditors and profes51onal advisers. and draw5 on sector guidance and briefings from AGBIS. ISC and ISBA.
Governors continue to monitor legal, regulatory and policy developments affecting independent charitable schools.
including sector-wide changes Slfch as VAT on school fees and the loss of business rates relief. The trustees. annual
report explain5 how the School advances education for the public beneflt during the reportTrn8 period.
Fallure of Care to pupils
The Governors recDgnise that any failure In safe8uardin& pastoral care, health and safety. supefyi5ion or pupil
wellbeing would present a serlous risk to pupils and to the School.
This risk 15 mitigated throu8h clearly defined safeguardin& pastoral, behaviour, anti-bullyin& health and safety,
educational visit5, complaints and whistleblowlng policies, whith are revlewed regularly and updated in line with
statutory gurdance and regulatory expectations.

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED ILIMrrED BYGUARANfEE}
GOVERNORS, REPORT (INCORPORATING THE STRATEGIC REPORT)
Implementation 15 overseen by the Head, the Designated Safeguarding Lead, the Deputy Head, Heads of House and
form teachers, supported by regular staff training, safer recruitment procedures, monitoring of concerns and
ppropriatè escalation routes. Governors maintain oversight through nominated safeguarding governance, regular
reports to the Board, review of policy implementation and scrutiny of any significant 5afeguardin& pastoral or welfare
trends. The School's approach is informed by ISI expectations, Statutory safeguarding guidance znd the Independent
School Standards.
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware. there is no relevant audit information las defined by the Companies Act 2LK)61 of
which the CoMpan￿S auditors a￿ unaware, and each director has taken all the steps that he or she ought to have
taken as a director in order to make himself or herself aware of any relevant audit information and to establish that
the companvs auditor5 are aware of that information.
AUD￿OR5
TC Group have agreed to be appointed as auditors for the forthcoming year.
This report has been prepared in actordante wf(h the special provisions of the Companies Act 2CQ6 relating to sm311
companies.
BY ORDER OF THE 80ARD
L Pytel, Chair of Governots
Dated 22 July 2026

HALSTEAD sr ANDREWS SCHOOL TRtJST LIMITED GUARA￿£1
STATEMENT OF GOVERNORS, RESPONSIBILITIES
The Governors, who are also the dirertoys for the purpose of company law, are responsible for preparin8 the
Governors, Report and the accounts in accordance with applicable law and United Kinsdom Accounting Standards
(United Kingdorn Generally Accepted Accounting praCt￿e), includlng Flnanciol Reporting Standard FRS102 The
Financial Reporting Standard applicable in the UK and Republi¢ of Ireland,.
Company law requires the Governors to prepare atcounts for each financlal year which give a true and fair view of
the state of affalrs of the charf(able company and of the incoming resources and application of resourtes. including
the Income and expenditure, of the charStable company for that year.
In preparing these accounts, the Governors are required to:
select suitable accounting policies and then apply them consistently,.
observe the methods and princlples in the Charities SORP,.
make judgements and estimates that are reasonable and prudent. and
prepare the accounts on the going concern basis unless it is inappropriate to presume that the charitable
company will contlnue in operation.
The Governors are responsible for keeping proper accountirg records that disclose with reasonable accuracy at
any time the financial position of the chariiable company and enable them to ensure that the accounts comply
with the Companies Act 2006. They are also responsible for safeguarding the asset5 of the charitable company
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED (LIMITED BYGUARANTEE)
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS
We have audtted the financial Statements of Halstead St Andrew's School Trust Limited I'the charitable company'l for
the year ended 31 Au8USt 2025 which comprise the Statement of Financial Activf(ies, the Balance Sheet, the Cash Flow
Statement and notes to the financial statements, including a sumrnary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standard5, including Financlal Reporting Standard 102 The Financial Reporting Standard applicable In the UK and
Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our oplnlon, the financial 5tatements-
give a true and fair view of the state of the charitable companvs affairs as at 31 August 2025 and of it5
incoming resources and application of resou￿$ forthe year then ended;
have been properly prepared in accordance with Unlted Kingdom Generally Accepted Accounting Practlce:
and
have been prepared in accordance with the requirements of the Companies Act 2W6.
Basis for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS (UK)) and applicable law.
Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the
financial statements section of our report. We are Sndependent of the charitable company in accordance with ihe
ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
standard, and we have tulfilled our other ethical responsibilities In accordance wtÈh these requirements. We believe
that the audti evidence we have obtalned is sufficient and appropriate to provide a basis for our opinion.
Concluslons relating to going concern
In auditlng the financi81 statements, we have concluded that the governors, use of the going concern basis of
accounting in the preparation of the financial statements is approprlate.
Based on the work we have performed, we have not Sdentified any material uncertaintie5 relating to events or
conditions that, individually or collectively. may cast significant doubt on the charitable company's ablllty to continue
as a going concern for a period of at least twelve months from when the fSnancial statements are authurised for issue.
Our responsibilities and the responsibilities of the governors with respert to goin8 concern are described in the
relevant sertions of thls report.
Other Snformallon
The governors are responsible for the other Informallon. The other information comprtses ihe information included
in the 8overnors' annual report, other than the financial statements and our audito￿$ report thereon. Our opinion on
the financial statements does not cover the other information and, except to the extent otherwlse explicftly stated In
our report, we do not exp￿$5 any form of assurance conclusion thereon.

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED (LIMITED BYGUARANTEEI
REPORT OF THE INDEPENDENT AUDITORSTO THE MEMBERS
In connection with our audit of the financial statements, our responsibility is to read the other information and, in
doing so, consider whether the other infomiation 15 materially inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material
inconsistencie5 or apparent material misstatements. we are ￿qUired to determine whether there is a material
mlsstatement in the financial statements or a material mi5Statement of the other information. If, based on the work
we have performed, we conclude that there is a material misstatement of this other information, we are required
to rep)rt that fact.
We have nothing to report in this regard.
Opinlons on other matters prescrlbed by the Companies Art 2006
In our opinion, based on the work undertaken In the course of the audit..
the informatlon given in the governor5, report lincurporating the strategic report) for the financial year for
which the financlal statement5 are prepared is consistent wlth the financial statements; and
the direclor5' report has been prepared in accordance wfth applicable legal requirements.
Matters on which we are required to report by ex¢eptlon
In the light of our knowledge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identified material mlsstatements In the governors, report Ilncorporating the
strateglc report).
We have nothing to report in respect of the following matters in relation towhich the Companies Art 2CM)6 requires
us to report to you rf, in our opinion..
adequate accounting records have not been kept, or returns adequate for ouraudit have not been received
from branche5 not visited by us; or
the financial statements are not in agreement wfch the accounting records and returns: or
rtain disclosures of directors, remuneration specified by law are not made,. or
we have not receNed all the informatlon and explanatlons we require for our audit.
Responsibilities of gr)vernors
As explained more fully In the governors, responsibilitie5 Statement, the governors Iwho are also the direttors of
the charitable company for the purpose5 of company lawl are responsible for the preparation of the financial
statements and for belng satisfied that they gwe a true and fair view, and for such internal control as the governors
determine 15 necessary to enable the preparation of financial statements that are free from material misstatement,
whether due to fraud or error.
In preparing the financial statements, the governors are responsible for assessing the charitable compan￿5 abllity
to continue as a going concern, disclosin& as appllcable. matters related to going concern and usin8 the going
concern basi5 of accounting unless the governors either intend to liquidate the charitable company or to cease
operations. or have no realistic aiternative but to do so.
io

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED (LIMrrED BYGUARANTEE)
REPORT OF THE INDEPENDENT AUDITOR5TO THE MEMBERS
Audilorfs respon51biliti•s for the audlt of the financial ststements
Our objectives areto obtaln reasonable assurancè about whether the financial statements as a whole are free from
material mi55tatement, whether due to fraud or error, and to issue an auditorfs report that includes our opinlon.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in zccordance
with ISAS IUKI will always detect a material missiatement when it exist5. Misstatement5 can arise from fraud or
error and are considered materlal if, individually or in the a8gre8ate, they could reasonably be expected to influence
the economic decision5 of users taken on the basis of these flnantial statements.
Irregularities, including fraud, are instances of non-compliance wSth laws and regulation5. The extent to which our
procedures are capable of detecting irregularttie5, including fraud, is detailed below.
Extent to whlch the audit was considered capable of detect5ng Irregularilies, Includin8 fraud
The objectives of our audit, in respect to fraud, are.. to identify and assess the risks of material misstatement of the
fillancial statements due to fraud: to obtain sufficient appropriate audit evidence regarding the assessed rlsks of
material mi5Statement due to fraud, through designing and implementing èppropriate responses; and to respond
appropriately to fraud or suspected fraud identified during the audit. However, the primary responsibility for the
prevention and detection of fraud rests with both those charged with governance of the entity and its management.
Our approach was as follows:
We identified areas of laws and regulations that could reasonabty be expected to have a material effect on
the financial statements from our general commercial and sector experience, and through discussion with
the directors and other management las requlred by auditing standards), and discu55ed with the directors
and other manègement the policies and procedures regarding compliance with laws and regulations;
We identified the following areas as those most likely to have such an effect: health and safety* General
Data Protection Regulation IGDPRI. Iraud; bribery and corruption, school in5pettions, keeping children safe
in education (statutory guidance). DBS checks and employment law. Auditing standards limit the required
audit proceduresto identlfy non-compliance with these laws and regulations to enqulry of the trustees and
other management and inspectlon of regulatory and legal correspondence. if any. The identrfied actual or
suspected non-tompliance was not sufficiently significant to our audit to result In our response being
identrfied as z key audit matter.
We consldered the legal and regulatory frameworks diredly applicable to the financial statements
reporting framework IFRS 102 and the Companies Act 2006 and the Ch?rf(les Act 20111 and the relevant
tax compliance regulations in the UK-
We considered the nature of the charitable C0rnpan￿S operations, the control environrnent and buslness
performance, including the key drivers for managemenys remuneration,.
We communicated identified laws and regulations throughout our team and remained alert to any
indlcations of non-compliance throughout the audit,.
We considered the procedures and controls that the charitable company have established to addre55 risks
identified, or that otherwise prevent, deter and detect fraud.. and how senior mana8ement monrtors those
procedures and controls.
li

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED {UMITED BY GUARANTEEI
REPORT OF THE INDEPENDENT AUDITORSTO THE MEMBERS
Based on this understanding we designed our audit procedures to identify non-compliance with such laws and
regulations. Where the risk was ton5idered to be higher, we performed audit procedures to add￿55 each identified
fraud risk. These procedure5 included-. testing manual journals: reviewing the financial statement disclosures and
testin8 to 5UPPOrting documentation. performing anafytical procedures,. and enquiring of management. and were
designed to provide re8sonable assurance that the financial statements were free from fraud or error.
Owing to the inherent limitations of an audit, there is gn unavoidable risk that we may not have detected Some
material misstatements in the flnancial statements, even though we have properly planned and performed our
udit in accordance with audtting standards. For example, the further removed non-compliance wf£h laws and
regulations lirregularitiesl is from the events and transartions reflected in the financial statements, the less like
the inherently limited procedures required by auditing st3n(lards would identify it. The risk is also greater regarding
irregularities occurrin6 due to fraud rather than error, as fraud invofves intentional concealment, forgeryi collusion,
omission or misrepresentation. We are not responsible for preventlng non-compliance and cannot be expected to
detett non-compliance with all laws and regulations.
Use ot our report
This report is made Sole￿ to the charitable companls members, as a body, in accordance with Chapter 3 of Part 16
of the Companies Act 2(K)6. Our audit work has been undertaken sothatwe might statetothe charitable companrfs
membeis those matters we are required to state to them in an auditorfs report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume responsibllrty to anyone other than the charf(able
company and the charitable company's members as a b￿v, for our audit work, for this report, or for the opinions
we have formed.
Mark Cummins FCCA {Senior
for and on behalf of TC Group
Statutory Auditors
Office.. Sussex
tutory Auditar)
12

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED {UMITED BYGUARANTEEI
STATEMENT OF FINANCIAL AcrivrriE5
IINCLUDING THE INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 AUGUST2025
INCOME FROM:
Donatlons and le8acies
Investments
Charitable ?ctNlties
Other income
Total Income
2025
2024
Notes
11,182
11.387
5,866,742
10,099
5.899.410
16,167
6.304
6,402,539
9,439
6,434,449
EXPENDITURE ON..
Charitable activÉties
Total expendlture
io
6,869,531
6,869,531
7,395,675
7,395,675
Net movement in funds
1970.121)
1961,2261
Fund balances brought forward
20
5,420,395
6.381,621
Fund balance5 at carried fonvard
20
4A50,274
5,420,395
All income and gains forthe year are recognised above. All the school's activities otherthan those identified above are
classed a5 continuin8.
The Statement of Financial Activities also complies with the requirements for an income and expendlture account
under the Companies Act 2Crt)6.
All income and expenditure in the current year is unrestricted.
13

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED (LIMrrED BY GUARANTEE)
BALANCE SHEEr
AS A T31 AUGUST2025
2025
2024
Notes
FIXED ASSErs
Tangible assets
13
8,280,797
8,826,873
CURRENT ASSErs
Debtors
Cash at bank and in hand
14
1,765,743
8.318
1,774,061
1,194,814
1,449,967
2,644,781
CURRENT LIABIUTIES
Creditor5 due within one year
15
(3,216,929)
13.084,044
NETCURRENTUABIUTIES
(1,442.8681
1439,2631
TOTAL ASSETS LESS CURRENT
LIABIUTIES
6,837,929
8,387,610
LONG TERM UABIUTIES
Creditors due after one year
16
12,387,655)
12,967.2151
NET ASSETS
4,450274
5.420,395
REPRESENTED BY:
20
UNRESTRicfED FUNDS
4,450,274
5,420.395
4,450,274
5,420,395
The notes on pages 16 10 25 form part of these financial statements
The accounts were approved by the Board of Governors and sisned on their behalf by-
Governor
Date: 22 July 2026
Company Number-01942216
14

HALSTEAD ST ANDREWS SCHOOL TRUST LIMITED (LIMITED BY GUARANTEE)
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST2025
2025
2024
Notes
Cash flow5 from operatlng activities:
Net income for the year
Adjustments for:
Depreciation charges
Interest paid
Interest received
Increase in debtors
Increase/ldecre?sel In creditors
(970,121)
1961,2261
13
io
278,646
153,860
{11,3871
{570,9291
1393,231)
276,816
158,592
16,3041
1975,1531
2,498,827
14
15,16
1543,0411
1.952,778
Net cash provided by operatlng activities
11.513,162)
991,552
Cash flows from investing artivltks:
Interest ￿reIVed
Purchase of tangible fixed assets
VAT reclalmed on fixed assets
Net cash used In Snvesting artivitie5
11,387
157,3511
324,781
6,304
176,3051
13
13
278,817
170.0011
Cash from flnancing artivitie5:
Interest paid
Repayment of borrowings
Net cash used In flnancing actlvltles
io
1153,860)
153,444)
1158,5921
148.0271
1207.31YII
1206,6191
Increasel{detreasel In ¢ash and cash
equlvalents In the year
Cash and cash equlvalents at the beglnning ol
the year
Cash and cash equivalents at the end of the
year
11,441,649)
714,932
1,449.967
735,035
8,318
1,449,967
Analy* of netdeté
Cash at bank and in hand
8,318
1,449.967
Bank loan within one year
Bank loan after one year
147,1701
(42,1091
{1.942.7981
11,890,567)
Net debt
11.929,4191
1534.9401
15

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST2025
STATUTORY INFORMATION
The charlty is 3 char*table company, limited by guarantee, registered in England and Wales. The registered
office, company number and charity number arè detailed in the Legal and Administrative Inform3tion.
ACCOUNTING POLICIES
2.1 Ba$ls of accounting
The financial statements have been prepared under the Companies Act 2006. The Charities Act 2011 and in
accor(Jance with the Charitles, Statement of Recommended Practice ISORP IFRS 10211 and Financial Reporting
Standard 102.
The chèrrtable company meet5 the definition of a public benefit entity under FRS 102. Assets and liabilitles are
initially recognized at C05t or trènsaction value unless otherwise stated in the relevant accounting policy.
After reviewinB the charf(y's forecasts and projectlons, the Govèrnors have a reasonable expectation that the
harity ha5 adequate resources to continue in operational existence for the foreseeable future. The charty
therefore continues to adopt the going concern ba515 in preparing it5 financial statements.
In reachlng thi5 conclusion. the Governors note their decision to dispose of the property asset at Woodham
Rise, Wokin8 following the con501idation of the school onto a single site. subject to fulfilling the obligatlons
under the Charities Acl. This significant post-balance-sheet event wlll materlally improve the school's reserves
and facilitate the redemptlon of long-term loan commitments. In turn this will allow the school to rebalance its
operating model to achieve stability and sustainabilty in the future.
2.2 Income
Fees receivable and charges for seNic@s, less any allowances, scholarships and bursaries granted by the school
against those fees ere accounted for in the period in which the servlce is provided. Where fees are received for
future service period they are included in deferred income.
Investment Income is accounted for on an accruals ba51S.
Donations, le8acSes, grants and other voluntary income are accounted for as and when entitlement arises. the
amount can be reliably measured and the economlc benefit is consldered probable. Where a donororan appeal
has imposed restrictions the income is credited to 3 restricted fund.
2.3 Expendlture
Expenditure is accounted foron an atcruats basss w￿h irrecoverable VAT Included with the item to whKh it relales.
Redundancy and termination payments are charged to the Stitement of Financial Attivities on an accrua15 basis.
Govemance costs include those costs associated wrth meeting the constitutional and statutory requirements of the
Charity and include the audit fees and costs linked to the strategic management of the charity.
All costs are allocated between expenditure categories and departments on a basis designed to refleLt the use of
the resource. Costs relatingto a particular actNty are allocated dI￿rt￿.
16

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED (LIMITED BYGUARANTEEI
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
ACCOUNTING POUCIES {¢ontinuedl
2.4 Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land a￿ stated at cost less depreciation. Depreciation is provided at
rates calculated to write off the cost less estimated residual value of each asset over tts expected useful Ilfe as
follows..
Freehold building5
Buildings on leasehold land
Fixtures and fittings
Motor vehicles
- 2% on cost
- Strai8ht line over 10 years
- 2(PA on cost
25% on cost
The school has a general capitalisation policy of £l,OW. However, the school's Policy is not to capitalise any
property improvement ￿lated expendlture under £lO,CI)).
The Governors are satisfied that the market value of the freehold land and building5 15 in excess of value at
which they are stated in these financlal ststement5.
2.5 Penslons
Since l January 2021 the school has contributed to the Aviva APTIS scheme forTeachers.
The school also Contributes to personal pension schemes for its non-teaching staff.
2.6 Cash at bank and In hand
Cash at bank and in hand incluiles bank accounts, cash and short terni high￿ liquid investment5 Wfth a short
maturity of three months or less from the date of acqui51tion or opening of the deposlts or similar account.
27 Creditors and provisions
Creditors and provisions are retognised where the charty has a present obligation resulting from a past event
that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can
be measured or estimated reliably.
2.8 Debtors
Trade 4nd other debtors are recognlsed at the Settle￿nt amount due.
2.9 Fund accounting
Generalfunds and unrestrieted funds are available for use at the discretion of the Governors In furtherance of the
general objectives of the charity and have not been desi8nated for other purposes.
Restricted funds a￿ funds which are to be used in accordance wlth specific restrirtions Imposed by donors or
which have been raised bythe charlty for particular purpos@s. The Cost of raising and a(Imini5tering such funds are
charged against the specific funds.
17

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED IUMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 AUGUST2025
ACCOUNTING POLICIES (c¢￿tInued)
2.10 Critical accounti1￿ estlmates and judgements
In the application of the charity's accounting policies, the Governors ?re required to makejudgement5, estimates
and assumptions about the carrying amount of assets and liabilitie5 that are not readily appa￿nt from other
sources. The estlmates and ass¢ciated assumptions are based on historical experience and other factors that ?re
considered to be relevarrt. Actual resutts may differfrom these estimates.
The estimates and underlying assumptions are reviewed on an on80ing basis. Revisions to accounting estimat
are recognised in the period in which the estlmate Is revised.
The governors do not conslderthatthere are any critical estimates or areas of judgementthat need to be brought
to the attentlon of the reader5 of the financial statement&
TURNOVER
The turnover of the School is wholly attrlbutable to the objects of the school as stated in the Governors, Report
and is earned entirely wrthin the UK.
INCOME/{EXPENDITVRE)
2025
2024
This is after charging..
Depreciation
Auditors, remuneration
278.646
15,200
276,816
13,2(K)
TAXATION
The charltable company is registered as a charf(y and all of its income falls within the exemptions under Part
11 of the Corporation Tax Att 2010.
INCOME FROM DONATK)NS AND LEGACIES
Total
2025
Total
2024
Donations
11,182
16.167
INCOME FROM INVESTMENTS
Total
2025
Total
2024
Interest
IL387
6,304
18

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED (LIMITED BYGUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED)
FOR THE YEAR ENDED 31 AU6UST2025
INCOME FROM CHARITABLE ACTIVITIES
Totsl
2025
Total
2024
Gross school fees
Less bursaries and allowances
Net school fees
Add..
5,982,848
1453.921
5.528.927
6,590,050
1410,6181
6,179,432
Extras income
Registration fees
After school clubs
Easter and Summer comps
Other income
227.245
7.637
53.604
5.945
43,384
5,866.742
87,788
8,3
73,387
18.336
35,296
6,402,539
OTHER INCOME
Total
2025
Total
2024
Sundry income
10,095
9,439
10,099
9.439
io
ANALYS15 OF EXPENDITURE
staff costs
Depreclation
Other
costs
Total
Total
Z025
2024
Charitable expÈnditure:
Education
Teachin8
Welfare
Premises
Support and 8¢)vern?nce
3,661,472
365.246
754.791
834,498
445.418
4￿26,718
7SS,731
1,234,347
852,735
4,343,099
823,815
1,233,949
994,812
121,203
407,317
278.646
Total expenditure
4.190,932
278,646
2.399.953
6,869,531
7,395,675
19

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED {LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
io
ANALYSIS OF EXPENDITURE Icontlnuedl
Analysis of support and 8overnance costs:
Total
2025
Total
2024
Governance costs-
Current auditors, remuneration for aud((5eNices
Accountancy seryices
Governors, expenses
Total governance cost5
15,200
8,329
13,200
4.118
80
17.398
23,529
rt costs:
Printin& postage artd telephone
Legal and professional fees relating to support
Support staff wages, national Insurance and pension
Advertising and marketing
Interest payable
33,849
43,806
407,317
50.543
153,860
63,072
25,556
51,203
829,206
53.105
117,708
380,376
59,312
158,592
85,242
71,355
51,724
977,414
Bad debts
Other support COSt5
Total support and 8overnance
852.735
994,812
li
STAFF COSTS
The average monthly number of employees during the year was..
2025
Number
84
2024
Number
92
Teaching
Premises
Household
support
li
li
99
108
The aggregate payroll costs for the year were as follows..
2025
2024
Wages and salarles
Social security costs
Other pension costs
3,463,669
349,234
378.029
3,686,316
338,157
407,958
4,190,932
4,432,431
None of the governors received any remuneration or other beneflts from the school or any connected body. No
Governors12024'. one) had expenses reimbursed in the amounts detailed in note 10.
20

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED ILIMITED BYGUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
li
STAFF COSTS Icontinuedl
staff paid in exces5 of £60,￿K) per annum in the following bands are..
2025
Number
2024
Number
£60,0(K)- £69,999
£70,000- £79,999
£IOO,OLNJ- £109,999
£130,000- £139,999
of the employees whose emoluments exceed £60,000, four12024- six) hwe retirement benefits accruing under
defined contribution schemes. Total contrlbutiorbs payable by the school to those scheme5 for higher pald
employees were £62,53812024.' £66,778).
The key managernent personnel of the school comprise the Headmaster, the Bursar and teaching staff on the
Senior Leadership Tearn.
2025
2024
Aggregate employee benefrts of key management personnel (including
employer pension contributions)
642,066
614.378
Wages and salaries include5 £29,98712024: £117,984) of redundancy costs.
12
COMPARATIVE STATEMENT OF FINANCIALACTIVITIES- 31 AUGUST 2024
Total 2024
INCOME FROM:
Donation5 and legacie5
Investments
Charitable activities
Other income
Total income
16,167
6,304
6,402,539
9,439
6.434,449
EXPENDITURE ON.,
Charitable activities
Total expenditure
7,395,675
7,395.675
Net Incomellexpenditurel and
movement in fund5
1961,2261
Fund balances brought forward
Fund balance5 at carried forward
6,381,621
5,420,395
21

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED {LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
13
TANGIBLE FIXEO ASSETS
Freehold
Property
Leasehold
Buildings
Flxtures &
Flttings
Motor
Vehicles
Total
Cost
At I September 2024
Additions
4,697.413
2.204
5,531,585
29,670
1324,7811
5,236,474
646,499
25,477
105,889
10,981,386
57,351
1324.7811
10,713.956
VAT reclaimed
At 31 August 2025
4.699,617
671?76
los￿89
Depreciation
At I September 2024
Charge for the year
At 31 August 2025
244,865
97,5¢)4
342.369
1,543,395
90,815
1.634.210
266,145
84,546
100.108
5,781
105,889
2,154,513
278,646
2,433,159
350,691
Net book value
At 31 August 2025
At 31 August 2024
4,357,248
3.602,264
3,988,190
321.285
8,280.797
8,826,873
4.452,548
380,354
5,781
14
DEBTORS
2025
2024
Fee debtors
1,152,205
331.983
281,555
1,765,743
1,078,256
94.828
21,730
1,194,814
Prepayments and accrued income
Other debtor5
22

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED (UMITED BYGUARANTEE)
NOTES TO THE FINANCIAL STATEMEMfs (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
15
CREDrroRS: due wlthln one year
2025
2024
Trade creditors
712,444
278,454
256,415
1.916,172
47,170
6,274
214,192
158,272
Other creditors aftd accruals
Social security and othertaxes
Fees in advance and deferred income
Bank loans (see note 181
Finance lease
157,579
2.505,618
42.109
6,274
3,084,044
3,216.929
Fees In advance and deferred income includes £1,464.099 12024- £1,518,827) in respect of amounts due for
Autumn term 2025.
16
CREDITORS.. due after one year
2025
2024
Pupil deposits
Fees in advance and deferred income
Bank loans (see note 181
Finance lease
17&050
313.454
I,8￿),567
5,584
217,115
795,444
1,942,798
11,858
2,387,655
2,967,215
17
ADVANCED FEES PAYMENT SCHEME
Pa￿Trts may enter Into a contract to payto theschool tuvtion fees in advance. The money may be returned subject
to specific conditions upon the re￿Ipt of one term's notice. Assuming pupils will remain in the school, advance
fees will be applied as below.
2025
2024
Due within one year
Due in more than one year
452.073
986,791
795,444
313.454
765,527
1.782.235
23

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED (LIMITED BYGUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
18
BANK LOANS
Bank loans are wholly repayable in instalments as follows:
2025
2024
Less than one year
In more than one year but less than fwe years
Ir? more than five years
47,170
188,681
1.701.886
42,109
168,434
1,774.364
1.937.737
1,984,907
The bank loan is secured against all of the property and undÈrtakings of the charitable company.
The bank loan Is due lo mature in October 2043, it ha5 a floating interest rate with a mar8in of 2.75%.
19
PENSION COMMITMENTS
The school contributes to defined contribution schemes on behalf of its staff. Employer contributions payable
to those schemes were £378,029 I2024.- £407.9581 and at the yearend £105,22312024- £53,261) was accrued
in respert of contributions due to those schemes.
20
SHARE CAPITAL AND CONTROL
The company is limited by guarantee and does not have any share capital. In the event of a wlnding up each
member guarantees to contribute an amount of no more th3n £1.
21
RELATED PARTY TRANSACTIONS
There were no related party transactions in elther 2025 or 2024.
22
COMMITMENTS UNDER OPERATING LEASES
At 31 August 2025 the school had total commitments under non-cancellable operating leases as follows..
2025
2024
Wtthin one year
Between one and five years
In more than five years
270.997
1.083,988
4,335,952
270,997
1,083,988
4,606,949
5,690,937
5.961,934
24

HALSTEAD ST ANDREW'S SCHOOL TRUST LIMITED {UMITED BYGUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
23
COMMITMENTS UNDER FINANCE LEASES
At 31 August 2025 the school had the followlng finance lease commitment with future minimum lease
payments of
2025
2024
Within one year
Between one and five years
6,274
5,584
6,274
11.858
11,858
18,132
Theschool has finance leases for a period of 5 years. The asset carrying value at 31 August 2025 was Ell,858.
24
POST BALANCE SHEET EVENTS
On 12th February 2026, the School completed the sale of part of its Freehold Property, North Lodge, for a
total consideration of £634,914. The property was carried under the cost model at a net book value of
£242,383 at the balance sheet date. The tra￿actIOn will result in a profit on di5tx)sal of approximatelv
£392,531.
In May 2026, the School a¢¢epted an offer for the sale of its Freehold Property at Woodham Rise, Wokin8
for a total consideration of £5,200.OtX), and entered an exclusivity period to complete the Sale in August
2026.
25