Charity Re8iStration No. 307066 Compary Reglstration N¢. 00544254 (England and Wales) HAMILTON LODGE {8RIGHTONI ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 BUSINESS ADVISORS &AC¢OUNTAtéTS One Bell Lane Lewes East Sussex BN7 IJU
HAMILTON LODGE IBRIGHTONI TRUSTEES. REPORT IINCLUDING DIREcfoRS' REPORT AND STRATEGIC REPORT) {CONTINUED} FOR THE YEAR ENDED 31 JULY2025 Achievements and performance Education Ofsted report in April 2025 which judged HLSC to continue to be'Good'. Care Standards Of5ted report in March 2025 which judged our provision to be'outstanding. Successfully agreed a revised staffing strurture which matche5 the need5 of the school 80in8 foard. Recruited a new headteacher for September 2025. What ar in We continue to focus our academic improvement planning on five areas l. Strengthenlng further our safeguarding cultu 2. Outcornes for learners 3. Teaching, Learning Assessment & progress of learners 4. Leadership and Management 5. Improving the estate Learne ment Learner's work towards a wide range of Entry Levels, Functional Skills, Unit Award courses, Award Scheme Development and Accreditation Network, Arts Award and BSL Signature's Levels 1-3 qualification5. Learners are experted to achieve appropriate accreditations across all areas of the curriculum commensurate with their abilitie5. En rin in s are met. Curriculum development ha5 particularly focused on accreditations which can specifically match the needs of individual learners. We coniinue to offer our learners a limited range of GCSES and a wider range of Functional Skills, Entry Level and Unit Award courses. We have an established work experience programme which parttcularly focuses on individual learners having opportunities to build on their independence skills, confidence, and self-esteem. We have a150 introduced before and after qvestionnaire to allow learners to see improvement5 in confidence and commynication whilst on placements. Our learner support team ens(tres that learners have focussed support including careful deployment of teachlng asslstants both to individual learne and to particular teaching groups. Teachers are able to access in-service trainin8 IINSETI to help them to further develop their teachin8 skills. Learners have dlrect access to their individual targets so that they can monitor their progre55 tFrough discussions with their class tutor.
HAMILTON LOOGE IBRIGTrrroNI TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT AND STRATEGIC REPORT) {CONTINUED} FOR THE YEAR ENDED 31 JULY2025 wtth nt nd the mm Our website and social media plarforms are updated gUlarlY with contributions from learners. staff & parents/ carers keeps parents/ carers infomied of activities within HLSC and individual and group achievements. Parentslcarers are able to email or phone into HLSC directly and receive 8 response the same day. Many parentslcarers have an ongoing dialogue with tulors and keyworkers to ensure that we a worf<ing together to promote individual learner's academic and sociallemotional development. This is done through weekly phone calls, emails, video calls and weekly contact. Parentslcarers were sent a summary of the tOPiC5 that learners WOL¢ld be studying within each curftculum area. Annual reviews are held at the school and there a two parentlcarer consultation meetlng5 held durin8 the vear and additionally there is an annual review meeting for each learner to ensure that we are meeting their needs as specified in their individual eilucation plan. Learn All learners have the opportunity to be school & college council representatives which meets weekty and is also attended by the Head of School & College, Business Manager and Head of Care. Every week HLSC takes &tion to address issues raised at the school council. Residential learners are consulted on their environment as part of our ongoing redecoration programme. How mak our learners are health safe and well-su rted? Our Care Standards reports of March 2025 found the provision to be'outstanding, across 311 areas. RTrsk Asses5ment5 are carried out prior to any activity that Poses a potential risk to health & 5aÈty. This applies especially to off site visits. There is always a good exchange of information between parentsltarers, tutors. and key WOTkers to ensu that leafners are well supported and that we are meetin8 their social and emotional needs. We have a formally established link with NDCAMHS services providing consLEltative sUPPOrt for staff, pants/Carers, and individual counselling for learners around issues related to social, emotional development and mental health i55ues. We access a range of services such as Physiotherapy & Occupational Therapy to meet individual needs. We work closefy with the school caterers to ensure that healthy food optlons are available. All learners take part in an active sports programme. ssemblies are also held which addre55 online safety, 5afeguardin& mental health awareness and the healthy eating and the Food Studie5 curriculum supports learners to learn how to cook and make healthy food choices. Learners take part in a variety of sports artivities in the community including competitions and Workshops. Learners are encouraged to develop life skills via an individualised independence program which consists of a series of bespoke targets tailored to ensure leamers can achieve to best of their ability. As a whole thi5 program provides learners with a robust measurable document evidencing their pro85$ which they can share with prospective employers. Residential learners can access a range of artivities including sports, drama, trainÈng course5, cookery, shopping, theat & cinema including spetially signed or subtitled perfOrmanS.
HAMILTON LODGE IBRIGHTONI TRUSTEE5' REPORT (INCLUDING DIRECTORS, REPORT ANO STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 learners do after leavin thi The majority of the secondary phase learners stay on within our FE Department. All learners who left the school In july 2025 progressed to appropriate destinations, either remaining in education or taking up employment. Financial revlew The main bulk of the Charity's income and expenditure arises from the provision of educatfonal services for Hamilton Lodge School and College. The principal funding sources are fee income from Local Authorities, The Education and Skills Funding Agency plus grants from the Department for Education. We set the 2024- 2025 budget with a £540k deficit. This reflected a continuing decline in plaMentS from local authorities. There were ailequate reseTves to cover thi5 at)d during the year the Trust undertook a review of operations to consider how to ensure that the objects of the company can be achieved in a financial sustainable way in future years. Trustees appointed an intefim Prlnclpal and undertook a wide consLtItBtion with stakeholders consldering whether to adopt an alternative strategy for delivering the objectives of the charitable company. It became clear that the work of the school was highly appreciated by all stakeholders. Trustees coosldered optiot)s for the future of the school and concluded in Janu8ry 2025 that a school with a structure designed for smaller number of Students than hitherto could be made to be financially sustainable. Work has been undertaken since then to achieve that restructure and confirmed placements for September 2025 indicae that this strategy will be sutcessful. linition of Reserves The Trustees endorse the Charity Commission's definition.. 'Reserves" are the 5011r(e$ the charity has or can make available to spend, fr)r any or all of tlE charitV'S purposes once tt has met its commitments and covered its planned expenditure., And more specifically'income whSch becomes available to the charity and is to be spent at the twstees, discretion In furtherance of any of the charity's objett5 (sometimes referred to as "gener31 purpose" income),. but which 15 Ilot yet spent, LDmmitted, or desi8nated li.e., is free")., Sta The Trustees have reviewed the charity'5 need5 for reserve5 in line with the guidance ied by t Charitv Commission and have set aside income lo develop the reseNes of the Charity. The reserves will be used to.. a. Safeguard the Charity's service commitment in the event of delays Èn receipt of fee income or hi8lpr than expected running costs. b. Build funds for t($re development projects. c. Fund short term budget deficits while any required restrurture is undertaken. d. To fund any restructure requlred. e. Support the long-term sustainability of the charity. The Trustees will review the level of reserves on an annual basis and decide the amount of retained income for the forthcoming financial year. They will ensure that reserve levels remain realistic to the requir8nents of lal Ibl Icl and Idl. The Trustees believe that there are adequate fe resetves to fund the above eventualities.
HAMILTON LODGE18RIGKfoNI TrUSTEES' REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) ICONTINUEDI FOR THE YEAR ENDED 31 JULY2025 stment of Reserves Poli DLEring the year the Charity has continued with the policy of irsvesting in cash deposits and cash investments, to meet the requirements of the re5erve5 policy. This policy requires that such investments can be made available at short notice if required. Investments are held to obtaln the best financial return for the charrty, Biven the above constrai)ts. The returns achieved during the year are in line with thi5 low-risk policy. Risk Mana ement The Board of Try5tees has assessed the major risks facing the Charity and conslders that there are sufficient control measures in place to miti8ate exposure. The Trustees have produced 3 Charity Risk Assessment document which contains details of these risks and the control measures in place. Contained within each risk area is an analysis of the likelihood and severity of the event happening. There is an overall asSement of whether the risk is low, medium, or high to the Charity. From this assessment the Trustees plan whataction to take. The Board of Trustees considers this an ongoing prtxess, and they review this document on an annual basis or when any fartor changes signtficantly. Any new risks that are highlighted during the year 8re buitt into the review process and document. The Trustees work with the Principal and Business Manager to produce risk assessment document. Strurture. goveman¢e and management The Charity's 8overning documents are its Memorandum and Articles of Association. The Trustees, who a also the directors for the purpose of company law, 3nd who served during theyear and up to the date of signature of the financial statements were.. Ms K Rowlev Mr P Newbury Ms G Pilling- Chair Mr M Abbott Mr M 8nJnet Mr M Redshaw Mr M Waite (Resigned 31 July 20251 (Appointed 7 January 20251 (Appointed 6 November 20241 (Appointed 30 January 20261 Trustee5 are recruited to fill any vacancy as it arises in accordance with the reqU1MentS 01 the Arkncles of Association of the Charity. This is either by advertising and search or by individual selection where there is need for a Trustee with a particular area of expertise. The Chalr, Prlncipal and Business Manager all contribute to the induction of new Trustees. Potential Trustees are invited as observer5 to Trustees meetings. They are required to spend time with the Principal arKI Business Manager to ascertain the nature of the Charity and the responsibilities of a Trustee. Regular trainwig events are held to update Trustees on relevant company and charity developments.
HAMILTON LODGE IBRIGHTON} TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND sfRATEGIC REPORT) ICONDNUED) FOR THE YEAR ENDED 31 JULY2Q25 The Charity is organised through a Board of Trustees. The Trustees meet as a Board at least three times a year to determine the general policy of the Charity and review its overall management and control, for which they are legally responsible. The Trustees have overall respor¢sibility for the management and financial control of the Charity and Company which owns the school ènd colleBe. The Board will make decisions over linance, premises, staffing and the strateEiC aims of the Charity. Day-to-day management of the school and college is delegated to the Leadership Team of the school. The Board of Trustees have delegated responsibility for the delivery of education and care within the sthool to the Board of Governors. The Board of Governors is made up of all members of the Board of Trustees, members of the Leadership Team and representatives from parentslcareFS, ex-learners, staff, and others as decided by the Governors. Funds held as custodlan trustee There are no arrangements where the Chartty or the Trustees are acting as custodiarss. Audltor In accordance with the company's articles. a resolLrtion proposing that TC Group be reappointed as auditor of the company will be put at a General Meeting. Disclosure of infomiation to auditor Each of the Trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor 15 unaware. They have further confirmed that they have tsken apwopriate steps to identify such relev3nt information and to establish that the auditor is aware of such information. The Trustees, report, including the strategic report, was approved by the Board of Trustees. Illlng- Chalr Dated: ..,ti.. rLI-
HAMILTON LODGE18RIGHTONI srATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 JULY2025 The Trustees, who are also the directors of Hamilton Lodge IBri8htonl for the purpose of company law, are responsible for preparing the Trustees, Report. including the Strategic report, and the financial statements In accordance with applicable law and United Kingdom Accounting Standard5 Ivnited Kingdom Generally Acopted AccoLtnting practi1. Company Law requires the Trustees to ppare financial ststements for eath fin3ncial year which gwe a true and fair view of the state of affairs of the tharitable company and of the incoming resources and application of resources. including the income and expenditure, of ihe charitable company for that year. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently,. . obseNe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed, subjert to any material derttsre$ disclosed and explained in the financial statements. and prepare the linantial statements on the going concern basis unless it ts inappropriate to pre$Un that the charitable company will continue in operation. The Trnstees are responsSble for keeping adequate accouniing record5 that disclose with reasonable accuracy at any time the financial positson of the charitable company and enable them to ensure that the financol statements comply with the Companies Act 2)6. They are also responsible for safeguardSng the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie5. The Trustees are responsible for the maintenance and integrity of the charity and financial information Included on the charitable company's website. Legislation in the Unite¢J Kingdom governin8 the preparation and dissemination of financial ststements may differ from legislation in otherlurisdictions.
HAMILTON LODGE IBRIGHTONI INDEPENDENT AUDm)R'S REPORT TO THE MEMBERS OF HAMILTON LODGE IBRIGHTONI Opinion We have audited the financial statements of Hamilton Lodge (Brightonl (the 'charitable companrfl for the year ended 31 July 2025 which comprise the statement of financial activities. the balance sheet, the statemeni of cash flows and the notes to the financial statements. including a summary of signthcant accounting policies. The financial reportinE framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporknng Standard 102 The Financiol Reporting Stondord opplKable in the UKand Republic of Irelond Iunited Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: give a true and fair view of the state of the charitable company's affairs as at 31 July 2025 and of Its incoming resources and application of resources, including its income and expenditure, for the year then have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi. and have been prepared in aecordance with the requirements of the Companies Act 2006. Basls for oplnlon We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IVKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilitiesfor the audit of the financiol stotement5 5ertion of our report. We are independent of the charltable company in accordance wf(h 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 fullilled our other ethical responsibilities in accordance with these quirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for OLTrr opinion. Conclusions relating to going concern We have nothing to report in respect of the followin8 matters in relation to which the ISAS ILIKI r4uire us to report to you where: the Trustees, use of the going concern basis of accounting in the preparation of the financial statements Is not appropriate,. or the Trustees has not disclosed in the financial statements any iilentified material uncertalnties that may cast significant doubt about the charitable compan5 ability to continue to adopt the going concern bas6 of actounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other infomiatlon The other information comprises the information included in the annual report other than the financial Statements and our auditor's report thereon. The Trustees are responsible for the other information contalned within the annual report. Our opinion on the h'nancial statements does not cover the other infofmat¥)n and, except to the ertent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our sPonsIbl11ty is to read the other information and. in doin8 so, consider whether the other infomiation is materially Inconsistent with the financial ststements or our knowledge obtained in the course ol the audit, or otherwise appeats to be materially mi5Stated. If we identify sueh material inconsister£ies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the linancial statements themselves. If. based on the work we have performed, we conclude that there Is a malerial misstatement of this Other Information, we are required to report that fact. We have nothing to report in this regard.
HAMILTON LODGE IBRIGHTONI INDEPENOENT AUDITOR'S REPORT ICONTINUEDI TOTHE MEMBERSOF HAMILTON LODGE (BRIGHTON) Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of our audit- the information given in the Trustees, report for the finantial year for which the financknil statements are prepared, which inclLtdes the dirertors, report and the strdtegic report prepared for the purposes of company law, is consistent with the financial statements. and the strategic report and the directors, report included within the Trustees, report have been prepa in accordance with appllcable legal requ1Ments. Matters on whSch we are requSred to report by exceptlon In the light of the knowle(18e and undef5tanding of the charltable company and its erivironment obtaned in the course of the audit. we have not identified material misstatements in the strategic report or the directors, report included within the Trustees, report. We have nothing to report in re5pert of the following matters in relation to which the Companies kt 2( requires us to report to you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us,. or the financial statements are not in agreement with the accounting CordS and returns; or certain disclosures of trustees, remuneration specified by law are not made,. or we have not received all the information and explanations we reqlsire for our audit. Responsibilitie5 of Trustees As explained more fully in the statement of Trustees, responsibilities, the Twstees. who are also the directors of the charitable company for the purpose of company law, are responsible for the preparation of the linancial statements and for being satisfied that thev Eive a true and fair view, and for such internal control as the Trustees determine is 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 Trustees are responsible for assessirlg the charitable company's ability to continue as a going concern. disclosing, as opplicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Audltor's responsibilities for the audit of the financial statements Our objectrves are to obtain reasonable assurdnce about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurante but 15 not a guarantee that an audit conducted in accordan with ISA5 IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and a considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. A further description of our responsibilities is available on the Financtal Repothng Council's website at.. https=l/ www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report.
HAMILTON LODGE IBRIGHfoNI INDEPENDENT AUDITOR'S REPORT ICONTINUEDI TO THE MEMBERS OF HAMILTON LODGE IBRIGHTONI Use of our report This report is made solely to the charitable company's members, a5 a body. in accordance with Chapter 3 of Part 16 of the Companie5 Act 2016. Our audst work has been undertaken so that we might state to the charitable cornpany's members those matters whlch we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members, as a body, for our au(1st work, for this report, or for the opinions that we have formed. David Martin FCA (Senlor Statutory Auditor) lor and on behalf of TC Group Statutory Auditor Ofh'ce: Lewes Date:.. 10-
HAMILTON LODGE18RIGHTONI STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENOITURE ACCOUNT FOR THE YEAR ENDED 31 JUIY2025 Current financial year Unrestricted Unrestrlcted funds funds general deslgnated 2025 2025 Restricted funds Totsl Totsl 2025 2025 2024 Notes Income and endowments from: Donations and le8acies Charitable activities Investment5 Other income 1,154 2,312,273 35,489 18,211 1,154 2,312,273 35,489 18,211 13,959 2,840,578 45,107 2,014 Total income 2,367,127 2.367,127 2,901,658 Empendlture on,. Raising fund5 Charitable activities Other expenditure 455 3,154,630 3,116,908 228,295 3,116,908 837,295 13 Totsl expenditure 3.345,203 609,000 3,954,203 3,155,085 Net expenditure and movement In funds 1978,0761 1609,0001 11,587,076> 1253,4271 Reconciliation of funds: Fund balances at l August 2024 5,138,309 609,000 4,092 5,751,401 6,LK)4,828 Fund balances at 31 July 2025 4,160,233 4,092 4,164,325 5,751,401 The statement of financial artivities includes all gains and Ios5e5 recognised in the year. All income and expenditure derive from continuing activities.
HAMILTON LODGE IBRIGHTONI $rATEmE OF FINANCIAL ACTIVITIES ICONTINUEDI INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED31 JULY2025 Prior financial year Unrestri¢ted Unrestricted funds funds general deslgnated 2024 2024 Restricted lunds Total 2024 2024 Notes Income and endowments from: Donations and le6acies Charitable activities Inve5tment5 Other income 13,959 2,840,578 45,107 2,014 13,959 2,840,578 45,107 2,014 Total income 2,901,658 2.901,658 Expenditure on: Raising funds Charitable a1vineS 455 3,147,630 455 3,154,630 Total expendlture 3,148,085 3,155,085 Net Income and movement In funds 1246.4271 17,(XJ)I 1253,4271 Reconciliation of funds: Fund balances at l August 2023 5,384,736 616,(X)O 4.092 6.004,828 Fund balance5 at 31 July 2024 5,138,309 609,000 4.092 5,751.401 12-
HAMILTON LODGE {8RIGHTONI BALANCE SHEET ASAT31 JUIY2025 2025 2024 Notes Fixed assets Tangible assets 15 2,502,304 3,449,299 Current assets Debto Cash at bank and in hand 16 353.394 1,589,923 123,134 2,294,604 1,943,317 2,417,738 crltOrs. amounts fallin8 due within one year 17 1281,2961 1115,6361 Net current OS5ets 1,662,021 2.302,102 Total assets les5 curreiit Ilabilities 4,164.325 5,751,401 The funds of the charltable company Restricted tncome funds Unrestiitted funds- general Unrestrirted funds- designated 20 4,092 4,160,233 4,092 5,138,309 609.CX)O 19 4,164,325 5.751,401 The financial statements We approved by the Trustees on . G PillinB- Chair Company registration number 00544254 (England and Wales) 13-
HAMILTON LODGE (BRIGHTON) STATEMENT OF CASH FLOWS FOR ThIE YEAR ENDED 31 JULY2025 2025 2024 Notes Cash Ilows from operating activities Cash absorbed by operation5 23 1740,1701 1290,9701 Investlng actlvltles Investment income received 35,489 45,107 Net cash generated from investing activities 35,489 45,107 Net cash used in financing activitie5 Net decrease in cash and cash equivalents 1704,6811 1245,8631 Cash and cash equivalents at beginning of year 2,294,604 2,540,467 Cash and cash equivalents at end of year 1,589,923 2,294,604
HAMILTON LODGE18RIGHTONI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 JULY2025 A¢countin8 policies Charity Inforniatlon Hamilton Lodge18rightonl is a private company limited by guarantee Incorporated in England and Wales. The registered office 1$ 9 Walpole Road, Brlghton, East Sussex, BN2 OLS. 1.1 Accounting convention The atcoun15 have been prepared in accordance wlth the charitable company's governinE document, the Companies Act 2006 and "Accountin8 and Reporting by Charities- Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporbng Standard applitable in the UK and Republic of Ireland IFRS 1021" (effective l January 20191- The charitable company is Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the funrtional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £. The fi'nancial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Goln8¢on¢em At the time ot approving the financial statements, the Trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable fijture. Thus the Trustee5 continue to adopt the going concern basis of accounting in preparing the linancial statements. 1.3 CharTt•ble funds Unfestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the fvnds have been designated for other purposes. Designated funds tomprise fund5 which have been set aside at the discretion of the Trustees for speclfic purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements. Restricted funds are subject to specific condltions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the note5 to the financial statements. 1.4 Income Income is iecognised when the charitable compan¥ is legally entitled to it after any performance tonditions have been met, the amounts can be measured reliably. arid it 15 probable that income will be received. Cash donations a recognised on receipt. Other donations are recognised once the tharitable company has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is reco8nised at the time of the donation.
HAMILTON LODGE IBRIGHTONI NOTES TO THE FINANCIAL sfATEMENTS ICONfiNUEDI FOR THE YEAR ENDED 31 JULY2025 Accounting pollcies Iconfjnuedl Le8acie5 are Cognised on receipt or otherwise if the charitable company has been notified of an Impending dlstribution, the amount is known, and receipt is expected. If the amount Trs not known, the legacy is treated a5 a contingent asset. Fees receivable and charges for setvices and use of premises are accounted for in the period to which the service is provided. Income from grant5 received is set aside in accordance with the terms of the issuing organisation. 1.5 Expendilure Expenditure is recognised once the is a legal or constructive obligation to transfer economic benefit to third party, it is probable that a transfer of economic benefits will be reqLbired in settlement, and the amount of the obligation can be measure(I reliablv. Expenditure 15 classified by activity. The costs of each activity are made up of the total of diTEft costs and shared costs, includÉng support Costs involved in undertakin8 each activity. Direct costs attributatle to single aciivity are allocated directly to that activity. Shared costs which contribute lo more than one activitv and support costs which are not attribtstable to a single activity a apportioned between those actwities on basis consistent with the use of resources. Central staff cost5 are alltxated on the basis of timespent, and depreciation charges a allocated on the portion of the asset's use. Expenditure is accounted for on an accyuals basis and is analysed below-. C05t5 of generating funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Charitable activities include expenditure associated with school services and include both the direct costs and support costs relating to these ath"vities. Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements, Including audito remuneration. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources e.g. allocating property costs by floor area, staff costs by time spent and other costs by their usage. The irrecoverable element of VAT is included wlth the item of expense to which it relates.
HAMILTON LOOGE IBRIGHTONI NOTES TO THE FINANCIAL STATEMENTS (CO1NVEDl FOR THE YEAR ENDED31 JULY2025 Accountln8 poliaes Icontlnuedl 1.6 Tangible fixed assets Tangible fixed assets are initially measured at C05t and subsequently measured at C05t. net of depreciation and any impairment losses. Tangible fixed assets 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 its experted usefijl life, as follows.. FehOld land is not depreciated Freehold buildings Leasehold property Leasehold property improvements Furniture & Equipment Fixtures. fitknngs & equipment Motor vehicles 2% & IO% straight line over the remaining term of the lease 2% strdi8ht line IO% straight line 33 113% straight line 20% straight line The gain or loss arising on the disposal of an asset is determlned as the difference between the sale proceeds and the carryin8 value of the asset, and is recognised in the statement of financial activitres. All furniture and equipment item5 With a cost 8ater than £5,oix) have been ¢apitalised. 1.7 Impairment of fixed assets At each reporting end date. the charitable company reviews the carrying amounts of its tarY8ible assets to determine whether there is any Sndicètion that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss lif any). Recoverable amount is the higher of fair value less Costs to Sell and value in use. In a55essing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset t¥r which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset is estimated to be less than its carrying amount, the carryng amount of the asset is reduced to its recoverable amount. An impairment loss is recognised immediately in incomel (expenditure for the year, unless the relevant asset Is carried at a revalued amount, in which case the Impairment loss Is treated a5 a revaluation decrease. Recognised impairment losses are reversed rf, and only rf, the reasons for the impairment loss ha ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverdble amount, but so that the increased tarrying amount does not weed the carrying amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reve¥sal of an impairment loss Is recognised Immediately, unless the relevant asset is carried in at a revalued amount, in which ¢ase the reversal of the impairment loss is treated as a revaluation Increase. 17-
HAMILTON LODGE18RIGHTONI NOTES TO THE FINANCIAL STATEMENTS ICOMnNUEDI FOR THE YEAR ENDED 31 JULY2025 A¢¢ountin8 polldes {Conlinuedl 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks. other shorkterm liquid investments with original maturities of three month5 or less, and bank overdrafts. Bank overdrafts a shown within borrowings in current liabilitie5. 1.9 Financial instruments The charitable company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instfuments155ues' of FRS 102 to all of its financlal instruments. Financial instruments are recognised in the charitable company's balance sheet when the charltable company becomes party to the Contractual provisions of the instrument. Financial assets and liabilities are offset, wlth the net amount5 psented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis oi to realise the asset and settle the liability simulianeously. Basicfinanclal assets Basic financial a55ets, which include debtors and cash and bank balances, are iniknally measured transaction price including transaction costs and a subsequently carried at amorknsed cost using the effertive interest methoil unle55 the arrangement constitutes a financing transaction. where the transaction Is measured at the present value of the futu receipts discounted at a market rate of interest. FirBncial assets classFlied as receivable within ofte year are not amortised. Basicfinanaal liobililles Basic financial liabilities. including creditors and bank loans are Initial recognised at transaction price unless the arrnn8ement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilitres ¢las5ified as payable within one year are not amortised. Debt instruments are subsequently carried at afflorhsed cost, using the effective interest rate method. Trade creditors are obligations to pay for g(K)ds or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as turrent liabilities if payment is due within one year or less. If not, they are presented as notrcurrent liabilities. Trade creditors are recognised inltially at transaction price and subsequently measured at amortised cost Using the effective interest method. Derecognition offlnonclal liobilitles Financial liabilities are derecognised when the charitable company's contractual obligations expire or are discharged or cancelled. 1.10 Employee benefit5 The cost of any unused holiday entitlement is retognised in the period in which the employee's servlces are received. Termination benefits are recoBnlsed immediately as an expense when the charitable company is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 18-
HAMILTON LODGE IBRIGHTONI NOTES TO THE FINANCIAL sfATEMENfs ICONTINUEDI FOR THE YEAR ENDED 31 JULY2025 Attounting polldes Icontlnuedl 1.11 Retlrement benefits Teachers are members of the teachers superannLtation scheme administered by the Teachers Penslon Agency. The Charitable company operates a defined contribution scheme for some other employees whereby the assets of the scheme are held separately from those of the Charitable company in an independently adminlstered fund. Contribution5 to both schemes are charged to the statement of finala1 activitie5 as they fall due. Crltical accounting estimate5 and judgements In the application of the charitable company's accounting policies, the Trustees are required io make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered io be relevant. Artual results may differ from the estimates. The estimates and underlying assumptions are revièwed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision afferts (mly that period, or in the period of the revision and future perSods where the revislon affects both Cur1 and future periods. Key sources of estimation uncertainty Depreciation The charity exercises judgement to determine useful lives at)d residual values of property, plant and equipment. The assets are dePCIated down to their residu81 values over thelr estimated useful liv&. Income from donations and le8acles Unrestrlrted funds 2025 Unrestrlcted funds 2024 Donations and gifts 1,154 13,959 19-
HAMILTON LODGE (BRIGHTON) NOTES TO THE FINANCIAL sfATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 JULY2025 Income from charitable activities Unrestrlrted fvnd$ 2025 Unrestrirted funds 2024 Gross fees tharged 2,312,273 2,840,578 Income from investments Unrestrlrted Unrestrlcted funds funds 202S 2024 Interest receivable 35,489 45,107 Other income Unreslricted Unrestrlcted funds funds 2025 2024 Other income 18,211 2,014 Expenditu on ralsln8 funds Unrestrirted Unrestricted funds funds 2025 2024 School financing Costs Other fundraising costs 455
HAMILTON LODGE IBRIGKfoNI NOTES TO THE FINANCIAL ATEmENTs ICONTINUEDI FOR THE YEAR ENDED 31 JULY2025 Charltable actlvltie5 Teachlng Costs Welfare costs 2025 Premlses Costs 2025 support cost5 Total 2025 Totsl 2024 2025 2025 Staff costs DepcIation and impairment Other costs 1,095,053 601,345 85,657 381,035 2,163,090 2,337,887 36,101 230,843 73,599 195,676 109,7(K) 780.750 121,201 670,663 143,043 211,188 1,361,997 744,388 354,932 592,223 3,053,540 3,129,751 Share of support costs (see note 91 Share of governance costs (see note 91 718 718 1,516 62.650 62,650 23,363 1,361,997 744,388 354,932 655,591 3,116,908 3,154,630 Analysis by fund Unrestricted funds- Beneral Unrestritted funds- 1,361,997 744,388 354,932 655,591 3,116.908 3.147,630 21
HAMILTON LODGE {8RIGHTONI NOTES TO THE FINANCIAL ¥fATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 JULY2025 CharStsble actlvitles Icontlnuedl For the year ended 31 July 2024 Tea¢hin8 costs Welfare costs Premises costs Support costs Totsl 2024 Staff costs Depreciation and impaim)ent Other cost5 1,306,389 33.179 52,324 550,533 345 142.451 82,045 87,677 228,367 398,920 2,337,887 121,201 670,663 247,521 1,391,892 693,329 398,089 646,441 3,129,751 Share of support costs (see note 91 Share of Bovernance costs lsee note 91 1,516 23,363 1,516 23,363 1,391,892 693,329 398,089 671,320 3,154,630 Analysis by fund Un$trIed fund5- general Unrestricted funds- 1,391,892 693,329 391,089 671,320 3,147.630 1,391,892 693,329 398,089 671,320 3,154,630 Support costs allocated to a¢tS¥lties 2025 2024 Bank charges Governance costs 718 62,650 1,516 23,363 63,368 24,879 Analysed between: Charitable activitie5 63,368 24,879 -22-
HAMILTON LODGE (BRIGHTON NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YE/4R ENDED 31 JULY2025 Support costs allocated to actlvitles IContlnued} 2025 2024 Goveman¢e costs comprise: Audit and accountancy fees Governance 20,808 41,842 19,825 3,538 62,650 23,363 Governance costs inclu¢Jes payments to the auditors of £9,154 12024 £8,170) in sPeCt of non-audlt seNices. 10 Net movement In funds 2025 2024 The net movement in funds is stated after chargingllcreditingl: Fees payable for the audit of the chailty's financial statements Depreciation of owned tangible fixed assets Los5 on disposal of tangible fixed assets 20,808 109.700 837,295 19,825 121.201 11 Tiu5tees None of the Trltstees lor any persons connected with theml received any remuneration during the year, but one of them were reimbursed a total of £540 travelling expense512024- were 1Mbur5ed £4751. Trustees liability Insurance expenditure amounted to £1,73212024- £1,732) in the year. Employees The average monthty number of employees during the year was.. 2025 Number 2024 Number Teaching and learning Residential care Administration Maintenance, cleaning and catering 32 19 37 18 12 li Total 70 73 -23-
HAMILTON LODGE IBRIGiifoNI NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED31 JULY2025 Employees (Continued) Ernployment cost5 2025 2024 Wages and salaries Social security costs Other pension costs 1,790,442 189.660 182,988 1.954.038 188,133 195.716 2.163,090 2,337,887 The number of employees whose annual remuneration was more than £60,(XK) is as follows- 2025 Number 2024 Number £60,¢n) to E70,000 £70.¢0 to £80,000 Of the employees whose emoluments exceed £60.IM). 312024- 31 have tirement benefits accruing under defined benefit pension schemes. The pension contributions in respect of the individuals totalled £30,101 12024 - £42,287). Remuner*lon of key management personnel The remuneration of key management personnel is as follows: 2025 2024 Aggregate compensation 272.929 346,871 ?4_
HAMILTON LODGE IBRIGHTONI NOTES TO THE FINANCIAL STATEMENTS {COPINuED) FOR THE YEAR ENDED31 JULY2025 Other expenditure Unrestricted Unrestricted funds funds Beneral designated 2025 2025 Total Unrestricted Unrestrirted fund5 funds 8enerdl designated 2024 2024 Total 2025 2024 Net loss on disposal of tanglble fixed assets 228,295 609,0¢)0 837,295 14 Tamatlon The charity is exempt from tax on intome and gains falling within section 505 of the Taxes Art 1988 or section 252 of the Taxation of Chargeable Gains Art 1992 to the extent that these are appli1 to its charitable objects. 15 Tan8lble fixed assets Freehold Land & Leasehold LaTr Bultdln85 & Bulldlr Furnltw• A Mot*hI£1@s Equlpmert T¢tsi Cost At l August 2024 Disposals 3,843,030 991,811 1991,8111 363,840 100,723 5,299,404 1991,8111 At 31 July 2025 3,843,030 363,840 ICK),723 4,307,593 Depreciatlon and Impalmient At l August 2024 Depreciation chaTged in the year Eliminated in respect of disposals 1,374,806 73,599 154,516 237,036 29,848 83,747 6,253 1,850.105 109,700 1154,5161 1154,5161 At 31 July 2025 1,448,405 266,884 90,000 1,805,289 Carrylng amount At 31 July 2025 2,394,625 96,956 10,723 2,502,304 At 31 July 2024 2,468,224 837,295 126,804 16,976 3,449,299
HAMILTON LODGE IBRIGlffoNI NOTES TO THE FINANCIAL sfATEMENTS ICOPUINUEDI FOR THE YEAR ENDED31 JULY2025 15 Tanglble tlxed assets Icontinuedl The carrying value of land and buildlngs comprlses- 2025 2024 FehOld Lon8 leasehold Short leasehold 2,394,625 2,468,224 649.458 187,836 2,394.625 3.305,518 Freehold land & buildings includes land included at cost of £184,625 which is not depreciated. The freehold land & buildings a valued, for Insurance purposes, at £12.3m. 16 Debtors 2025 2024 Amounts falling due MAthln one year: Trade debtors Other debtors Prepayments and accrued income 310,873 62,818 5,937 54,379 42,521 353.394 123,134 17 Credltors: amounts falling due wlthin one year 2025 2024 Other taxation and soclal securlty Trade creditors Other cdItOrS Accruals and deferred income 138,342 100,118 25,661 17,175 39,944 33,974 24,774 16,944 281,296 115,636 Retirement benefit schemes Defined contribution schemes The assets of the scheme a held separately from those of the School in an independently adrninistered fund. Contributions to the scheme are charged to the Statement of Financial Activitie5 as they fall due. Contribution5 payable by the company in the year amounted to £40,79812024 - £44,878). £8,50812024 - £7.7971 was outstanding at the balance sheet date. 2fi-
HAMILTON LODGE18RIGHTONI NOTES TO THE FINANCIAL STATEMENTS ICONnNUEDI FOR THE YEAR ENDED 31 JULY2025 18 Retlrement benefit schemes {Contlnuedl Defined benefit schemes Teachers, Pension Scheme The Teachers, Penslon Scheme ITPSI is a statLTrtory. contributory. defined benefit scheme, governed by the Teachers. Pension Scheme Regulations 2014. Membership is automatic fof teachers in schoo15. All teachers have the option to opt-out of the TPS following enrolment. The TPS is an unfunded scheme to which both the member and employer makes contribL¢tions, as a percentage of salary - these contrtbutions are credited to the Exchequer. Retirement and other penson benefits are paid by public funds provided by Parliament. Valuation of the Teachers, Pension Scheme The Government Artuary, using normal actuarial principles, condutt5 a formal actuarial review of the TPS in accordance with the Public Service Pensions (Valuations and Employer Cost Capl D1ctionS 2014 pvb16hed by HM Treasury every 4 years. The aim of the review is to ensure scheme costs are reco8nised and marHged appropriately and the review specilies the level of future contributions. Actuarial scheme valuations are dependent on assumptions about the value of future costs, design benefits and many other factor5. The latest actuarial valuation of the TPS was carried out as at 31 March 2020. The valuation report was published by the Department for Education on 27 October 2023, with the SCAPE rate, set by HMT, applying a notional investment return based on 1.7% above the rate of CPI. The key elements of the valuation outcome are.. • Employer contribulion rdtes set at 28.68% of pensionable pay (including a 0.08% administration levyl. This is an increase of 5% in employer contributions and the cost control fesult 15 such that no change in member benefits is needed. Total scheme liabil¢bes Ipenslons currently in payment and the estimated cost of ftjture benefitsl for sernice to the effective date of £262,IX)O million and notional assets lestimated future contributr'ons together with the notional investments held at the valuation date) of £222,200 million. giving a notional past service deficit of £39.81JO million The resuli of this valuation will be implemented from l April 2024. The next valuation re5vIt 15 due to be Implemented from l April 2028. The employer's pension c05t5 paid to TPS in the period amounted to £142,19012024- £150,838). A copy of the valuation report and supporting documentstion is on the Teachers, Pensions website. Under the definitions set out In FRS 102, the TPS is an unfunded mulii-employer pension scheme. The school is unable to identify its Sha of the underlying a55et5 and liabilities of the plan. ActordirTrgly, the school ha5 taken advantage of the exemption in FRS 102 and has accounted for its contributions to the scheme as if it were a defined contribution scheme. The school has set out abo*, the information available on the scheme. 27-
HAMILTON LOOGE IBRIGHTONI NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED31 JULY2025 19 Unrestrirted fvnds- desl8nated These are unrestrirted funds which a material to the charitable company's activities. At l August 2024 ftesource5At 31 July 2025 expended 34 Walpole Road 609.0) 1609,0001 Previous year: At l AuBust 2023 ResourcesAt 31 July 2024 expended 34 Walpole Road 616.oc 17.0[1) 34 Walpole Road the school entered into a sale and leaseback arrangement in the 2011112 financia year. In order to more appropriately show the unrestricted general funds available to the school the net took value of the leasehold has been reflected as a designated fund. In November 2024 the lease was surrendered and therefore the property has been disposed of as seen in note 14. ?A_
HAMILTON LODGE IBRIGHTONI NOTES TO THE FINANCIAL SFATEMENTS (CONTINUED} FOR THE YEAR ENDED31 JULY2025 20 Restricted funds The restricted funds of the charity comprise the unexpended balances of donalions and grartts held on trust subjert to specific conditions by donors as to how they Fnay be used. Movemtrt lund$ Mo¥efflent In fvnd5 8alance I Au8USt2013 incomini 8lan¢e at Reso¥r¢es IAuiust 2024 alan •t JIJa¥ 2025 ftesourtes Pedal to the Pebbles Bike Ride J Simister 3.840 252 3,840 252 3,840 252 4,092 4,092 4.092 Pedal to the Pebbles Bike Ride- donations toward5 the sensory room and new bikes. J Simister-donations towards the purchase of new bikes. 21 Analysls of net assets between funds Unrestricted Unrestricted funds funds general designated 2025 2025 Restrlcted funds Total 2025 2025 At 31 July 2025: Tangible assets Current assetsllliabilitiesl 2,502.304 1,657.929 2,502,304 1,662,021 4,092 4,160,233 4,092 4,164,325 Unrestricted Unrestricted funds fund5 general designated 2024 2024 Restricted funds Total 2024 2024 At 31 Juty 2024: Tan8ible assets Current a5setsllliabilitiesl 2.840,299 2,298,010 609,000 3,449,299 2,302.102 4,092 5,138,309 609,000 4,092 5,751,401
HAMILTON LODGE IBRIGHTONI NOTES TO THE FINANCIAL sfATEMEfrirs IcoKriNUEDI FOR THE YEAR ENDED 31 JULY2025 22 Related party transactions M Abbott, who was appointed as a trvstee on 2 July 2019, provides building projert management and property surveying services to the charity under a servlce level agreement dated 20 June 2017 which was entered in to befo his appolntment. The Chair of Trustees and the BL$5iness Manager review the terms of the agreement each year to ensure that it continues to represent fair value and Ss in line with marlel rates. Dr Kate Rowley, who was appointed as a Tnjstee on 19 October 2022 provides training to the school around language and cognitive development of deaf children. 23 Cash generated from operations 2025 2024 Deficit for the year 11.587,0761 1253,4271 Adjustments for.. Investment income recognised In statement of financial activities Loss on disposal of tsngible fixed assets Depreciation and impairment of tangible fixed assets 135,4891 837,295 109,700 145,1071 121,201 Movements in workin8 capital: Ilncrea5el in debtors Increoselldecreasel in creditors 1230,2601 165,660 158,0801 155,5571 Cash absorbed by operations 1740,1701 1290,9701 24 Ana51$ of changes in net funds The charitable company had no material debt during the year. -30-