HIGHGATE
HIGHGATE SCHOOL
GOVERNORS. ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2025
Haysmx LLP
Regirtered Audltors

HIGHGATE SCHOOL
REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2025
CONTENTS
PAGE
Governors, Report
Ch￿rman'S Forvword
Main Report
1-20
2-20
21
Independ•nt Authtors. Repwt
2Z-23
Consolidated Statem•nt of Financi￿ Actl¥i
CoThg0lidat•d Balance Shert
Charlty Balance Shert
Consolldated Cash Flow St*t¢ment
27
St4t¢nwit of Accountlng Polici•s
2•-32
Notes to the Accounts
3347

HIGHGATE SCHOOL
CHAIRMAN'S FOREWORD
FOR THE YEAR ENDED 31 JULY 2025
CHAIRMAN'S FOREWORD
It giYe5 me ￿ear pleasure to present H"ehgate Sthoofs rep)rt and actounrs for the year ending 31 July 2015.
The General Electyon which ushered in the Labour y)vernment happened very close to the end of the prevbous
reporting period: this meant that we. and more particularly our parents and carers, are onFy now starring to feel
the full effects of the removal of the VAT exemption for school fee& the ren￿)￿dI of the tharitable exemption on
Business Rates and the increased Employers. National Insurance C(￿(ri1Xrtlons. Against that challenging financial
background. we continue to scrutinize our expendiDJr& reducing costs wherever we an. to make sure that fee
income 15 used in the most effective wssible and to find oppornin5ties to grow our non-fee intorn4 so that
neither the School's curricular and eoThcurricular offering nor our tharitable reach is reduced. In ￿rmS of non-fee
income, l am delighted to report ex￿lIent progress of Highgatr International School Thailand. which will open its
doors to Pr&Preparatory and Junior School wpils in 2026 and knior Sthool pupils in 2027.
One si8nrficant change has been in the SUPPK)rt our F4rtner school. the London Academy of Exeellence
Totrenham (LAEf). Rather than seeond our sraff there vrt now make an equiyalent financial contrilyJ¢ion vknich
has a similar impac( for example allowing to offer counsdling and wellbein& careers and universi¢y advice,
ex¢rn-curricular provision and run a liix7ry. We also continue to share FortKvlar experw such as weekly visits
by the Director of Music to help guide the new Music deFAr¢men¢ ther& In these and other vrnys Y￿ are able to
maintain our strong links vith this trail￿aZIng school vthile ensuring our primary focus remains here in Highrdte.
This report also sets out the many other dthri￿bIe actrliries and parts)erships that are wtral to us being a Charity
and par¢ of a community.
With an eye to the fijture we beK4n vfv)rk taknt identification aThJ ￿rIna¥￿￿ent strnwes to help us be sure
can continue to appointgc¥)d ￿CherS in shortage areas- here at Highgaw at LA￿ and abroad. We contynued
to engage our local community over our proposed programme of building v￿rks. offwing fJYe eThrnally
moderated workshops and many other smalkn meetings to eX￿.n our aims and to allay concerns. In this
spirit of c04)perduon have amended some of our plan¥ dropped one altogether. and set up new
schoovcommunity groups aimed at finding ways in *thith an together to prorTr)ts sus(ainabiliry. traffic
management and IModiver5i¢y in the kol are&
These external issues have no¢ however, diStraC￿d from our primary focus". educating our wpils. In rdw exam
results terms. 202425 vras a great success: 80.2% A*.A at A-Level and similarty impressive figures at GCSE Y￿re
records when the tsd-affec*d years are discounteA. However. a Highgate education is about 50 much more
than public examinations. To that end, l am proud of the extraordinary range ofextrd- ar￿ Cowcurricular activities
on offer. 40 Year 3 chI￿ren are learning an orchestral ins¢rumenL all bar around 20 Year 10 pupils undertake.
entirely voluntarily. the Bronze Duke of Edinbjrgh's Avrdrd." on Grving Day. over 2.IK)0 staff. pupils. parents, carers
and alumni rnn, ￿21ked or IK>bbled over 6(KY) miles to rdise nearly £200.(￿ for bursarses and L4ET; not ro
mention rhe drama productions. sporrs fixrure& national debaung wccesse& bake sales. careers indusic
societies- the list is all but endless.
Last year I finished by offering ry thanks to the Highpte staff and pupils for their efforo enthus¢asm and
commitment in another wrific year. and my fdlow governors for the 5UPPOrt and constructive challenge they
provid& l think thaes th repeating for 2024-25.
Bob Rothenberg MBE

HIGHGATE SCHOOL
GOVERNORS, REPORT
FOR THE YEAR ENDED 31 JULY 2025
CHARITABLE OBJECTS
Our charitaE￿e 0￿ects are set out in the Scheme of Governance & ( l) the advancement of education by the
provision of a xhool in or near High8a￿. the provision of incidental or antillary edLKarional attivities, and the
undertaking of a$50ciated ac¢rYitses for the benefit of the putrA•c' and (2) in so far as the Governors think fit (and
so long as they. in their discretioTh consits that the object stated in clause l is being Proper￿ provided for) the
relief of the poor.
These objects have been achieved in-year as set out in the 'Obi&tsves as a School 2024-25. and 'Other Charirable
O*'ectives 2024-25,.
OBJECTIVES AS A SCHOOL 2014-25
The School vos in its final year of its 202(￿25 develo[￿ent plan. Wthin this plan. the khool's Vision Statement
is s(ated as:
"In what we plan to do, wlyt V•E accLMIty do ard how we nEa5ure our success. our pupils are our $tar¢ing
point what they experience as children and young adults. what they become arKI the lives they are able
and inspired to lead. So. let us inugine our pupils as leave uk
We imagine a happy, cohesive community whose pupil& from many different backgrounds have learnt ¢0
respett and value the expenence which er*rges from di¥￿Ity and vkno have grown up in a school which
has taken no¢hing for grdnted and has deared the way for all children. whatever their prior experience. to
feel I￿1¢0me and to thriY&
They will enjoy life to the full and wdlue their friendships. Open•rninded and alert to opp)rtunity, they will
leave us for place5 on comwitive courses in a wide range of universiftes in the UK and around the world.
with the ambition. motiwdiion, sknlls and 5ta>ing Poh￿ to equip them to St￿ independently and with
success. In their academic learning as well a5 in thw'r Ir￿ beyond the dassroom they v*ill have developed
'soft' skills along with ¢waliries of sdf-awarenw, resilience and self<onfidence. They wll have developed
their emotional and mental as well as their physical health and wll have insight into vAys of preventing and
getting help for ill health. vitthou¢ fear or shame. They V+ryll do Trfoluntary v￿rk. work experien￿ and
internship5 and will be adep¢ at nutching their skills and attrIbU￿S aKainst possitilities ahead. They will
have vlorked in partnership viith young pe￿e in other schools and broken out of any school bubble.
The way they have journeyed to their exaff4 and the under5t3nding that re￿Oin5 with them thereafter,
v*ill be as important as their grddes. They will be creatiw rigorou5 and eager thinkers and readers who
have pursued learning for its ovm Sake. They will have ha¢J a taste of compeution and of the energising
effect of entrepreneurship. they wll be wdl Infor￿ about Nfdys of INing and working 5usrainably. They
￿￿11 have a range of ht)bbies and interests in which they will have participated with enjoyment and
commiunenL In the￿ and through Servi￿ to other& tlw wll have grown as indmduals who can lead and
(an serve. They will be thoughtful and open•minded, consaous of the adydntages they have enjoyed and
of the chcrtces and obligation5 such advantsge should bring."
The School's str4￿1¢ aims and actions for the v*tde school are stated a&
Inclusion: To wioritise indusion by gjucating staff and pupils to be indusivo to promote belonging and
to ensure that people from minoritised and marginalised communities are championed, centred and
lebrated, and thac thwr experlences inforn) best DEI (diversity. equity and inclusion) policy and practice.
To embed inclusion stratev￿lty into the acadanic and pastornl life of the kh¢)ol, and into the role of all
leaders (staff and wpils). To continue to embed anti-sexism and racial inclusion cultures as identrfied in
the Anti-sexism and Sexual Violence (AS91) plan. Flair Survey and Hemisphere training recoMMendat￿n5.

HIGHGATE SCHOOL
GOVERNOIIS. REPORT (continued)
FOR THE YEAR ENDED 31 JULY 2025
OBJECTIVES AS A SCHOOL 202425 (continued)
To diversify the School through targeted work in admission& recruitment aThJ retention.
Staff Wellbein¥. To review and devdop the S ￿5￿n% sraff wellbeing y￿rk$￿eaMs. Mental and11)ysical
Health; Learning and t>evelopmenL Community: Support sy5￿Ms. The Wt)rking EnvironmenL To
establish a Le¥ning and Developw￿t for all staff to support their growth at the differen¢
of the employee life cycle.
Envlronmental Sustainability. To our environmenral sustair4bility Pla￿ reduTr our greenhouse
emissions and V￿rk tovfdrds Net Zero. To equip staff and pu￿15 With ￿eater knowledge and
understanding of environmental issues. To engage with relewdnt stakeholders in rela(ion to core issues
(Travel, Educational Visits, Food) to effea positive atti¢LKlinal change e.g. reducing the number of car
journeys t¢)Ifrom school.
Community partnerships• To deliver our Chry￿lS paruwship and summer school programmes and
to review their quality and irnpatt in rdation to our partner schools. needs. To provide tan&"ble
opportuni¢ies ft)r wixls to share tim< tslents and donaticffis as part of our 'connected communit
initiative.. to raise awareness of our chari¢at4e and communiry related causes. To develop the School's
local community prtnerships to mee¢ the needs of young peo* the less prrvileged and our local
communiries. To continue our supp)rt of LA￿ {thrtyJ8h our academio pastordl and other initiatives) and
to refine ¢)ur partnership to support the evol￿￿8 needs of Lh)th schools.
Comnlercial income generation for our charitable objertiveg Pursuing commercial OFV>rtuni¢ies
at home and abroad: seeking educational proietts and partnerships with established commercial providers
inYwtor& Over￿ng and monitoring inrernafional cornn￿l Prolec￿ including In￿rnatIOnal
branch schools and summer sthool partnership& ￿￿xImi$lng commercial income using current sch¢x>l
assets. Updating and focusing fund-raising effcrft*' rdtionalising fundraising stra¢egy in the eontext of
removal of VAT exemption (&& undertaking feasibiliry study in weparauon for increased fundraising
needs); testing opp)rtunities for fundrnising within our raprtsl ￿0Jects. researching opportunities for
sponsorship of F4r¢nership Fyojects.
Improving and ren•wing faciliti￿ Progrtssing our eng4￿￿￿E with local arn￿lty and residents,
groups in the ￿annIng appliotion process to a successful conclusion. Providing opporninities for key
8r(yJps. such as pa￿ts and carers. to understsnd the timeline for future work¥ particulady chose involving
temporary faolities.
Recovery and investment Developing and optimising schookfamity communication5 during a period
of uncertainty over fees and affordabiltty, in conjunction with the Pdrent Forum (including. wherever
possible. timely infonnation over the imPl￿nentatIon of VAT on fees). Using reinvigorated parent-sch¢)ol
engagement to 5UPPOrt pawr5 in rackling societal challenges {impact of tethnolog/. sexual violence,
ex￿SUre to drugs).
Within our Pre-PrepardtcAy School {Reception and Years 1_2). the o¥￿ieW of objective5 for 202425 ' .
To embed a rigorous yet exploratory and chil&led curriculum with purposeful outcomes. that ignites
curiosiry and motivates children to embark on a lrfetime of learning.
To develop children's regulation, communica¢W)￿ fftlem solv*ig and negotiation skills through the use
of outdoor play.
To support staff to haye greater awareness of the imFOtt their proknional Frdctice has gn themselves
and other*
To ensure the PrevPreparaw School successfully NK)rks with the Junior School in maintaining the high
academic ourcome5 of pupils followng the intake at 4+
To ensure the Pre-Preparatory School is inclusive and welcomw¥ to all.

HIGHGATE SCHOOL
GOVERNORS. REPORT (contbnutd)
FOR THE YEAR ENDED 31 JULY 2025
OBJECTIVES AS A SCHOOL 202&25 {e<bntinued)
Within our Junior School (Year5 3.6). the oveTriew of obiectsves for 202425 i
To review and evolve the Junior SdM)ol curriculum to ensure that it remains Innovati￿ rigorous and
foThvard-thinkin& refiecting the wider xhorA airrs ar¢)und diYer5ity and indusion. sustainability and the
development of core Charn£￿ skills.
To review and evolve the Staff Managawit arKI Profe$5ional Development model to support s(aff to have
greater ¢)wnership of their teaching Frtctices. proknional and personal development and wider career
aims.
To ensure that the Junior School is successful in workng v•ith the Pr&Prepardtory School and the Senior
School in maintsining the high acadwnK outcomes of pupi15 as the intake increases at bwer entry points
within the School.
To review and develop the way mernbws of Junior School communrty interacc with the environment in
line with agreed Sch¢)ol value5.
Within our Senior khool (Years 7.13). the overyiew of rtfjectives for 202*25 ' .
To ensure our scanding academic Imperati￿ remwn at the core of all ￿thIng and learning (r￿m￿liS1n8
StrUg￿e. teaching beyond examinatio￿ xholarship for all).
To culuvdte a culture of reAdin&
To prioriti5e differwmtion in lesson P￿nnIng lesson delivery and pupil feedtAc
To maxim•se public examination rewlts in 2025 wIthr￿t sacrifKing academic rfho
To oversee rwo new initiative&
trdining for asixrational Swwor Team Coll￿￿.
Hrhgotr L¢ite5- a woTrmme of e*ents vthid) allow parents to sample the academic offering at
Highgate.
To ensure reforms to Hehgatr's reporting System are successful.
To train and support staff to ddrver pastornl care that keeps safwrding at its heart and targets the
specific needs of individuals.
To empower (a) wwls to manage their own wellbeingand (b) parents and sraff to understand and promote
this seW-managemenL
To promote beltJn&n& inclusion and anri41iscrimination. by workir¢ V+ryth pwent& 5raff arKI pupils to build
a culture of kindness and respett amongst all members of the community.
To develop wpils, sense of purpose by activdy en￿8]ng with their sdKioi c<xnmunity. shw'ng its culture
and Practi￿ and contyibuung fulty to the ccKurricular progrdrnff￿.
ACTIVITIES OF THE SCHOOL
Academic
Pr¢•rePara¢ory ond Junior School& In Septeth 2024 the Junior Sdv)ol welcomed its first cohort of pupils
under the new three-fom) entry model ac 4+ from the Pr&Preparatory Sdwl. This prompted a decision ro al
the aims and objectives of the two Schools *ith full integration pEanned from SeptemEer 2025. To that en
significant work was undertaken to enhan￿ the trangrion bew Years 2 3. Adjustments to Key Srage I
and Key Stage 2 curricula ensured continuity and SUFf￿rted the sucttssfijl integration of incoming 7+ pupils.
s￿￿"eCt leads in Mathen)atics. English. and PSHEE (Personal. Social. Health and Economic Education) across both
schools tollabornted to ensure Curriculum progression and continuity from Reception through to Year 6. The

HIGHGATE SCHOOL
GOVERNORS. REPORT {continu•d)
FOR THE YEAR ENDED 3 I JULY 2025
ACTIVITIES OF THE SCHOOL (contlnu
Academlc {continu•d)
Pre-PrWrotory ond Juniorsclwols (contln¢thl)
Junior School Academic Team explwed the impkntion of an ryiry-led Humanitie5 curriaAum. buildlng on
thematic and pedagogial fw)datpxs establishejj n Key Sty l.
In the Pr&Preparatory SdMX)l a nthv FI￿1c$ Sd￿ was $￿cesSfUllY urt￿dded. with cwrlculum desy structured
arouThJ three cerrnly themes: Explor¢ Power. and Grovrth. In the Junior ScknooL PhilosoFknyfor Children was introduced
to the RPE {Relw"on. Philosophy and EthKs) currthlum to f05w (ri¢ical and collal>ontiYe tIUnki￿ sew-avrdren
retlectiorn communication and reasc*bin&
Senior SchooL In 202425. Senior Sd￿￿1 academK vrtre:
To encourage a culture of reading among wpi15 and Maff. n whid) all teachers are teactr*rs of readin&
To prK)ritise drfterentiation in le$￿ pknnin& le550n delr¥ery and feedbaL
Hithate pupils achieved ou¢stsnding wbloc eyamination resuks. 59.1% ofgrddes at GCSE were Grnde 9. 85.4% were
918 and 95.YA were 91817. This re￿n￿d the second successNeyear ofre¢¢xd rewlt& excludinz Covid and mitigated
years. A-Level pupils also se¢ non-covid record& 43.5% of grdde5 were A* 80.2% of gfddes were at A*IA and 92.7%
of2rad￿ were atA*IAJ& 75% d UCAS {Univvsrty aTrJ Colleges Admiswrts seThI￿) applkants were accepted at their
first<hoice university and a ffijrther I 1% of PLFlls were acc* into the￿ Ins￿￿nCe thoict 31 pupils matricuLited at
Oxbridge and IS pupils toc4( up unbVWSity places in North Amwica or Europt Art% Humanitie5 and LangL4ges made
up a greater share of leavers. unNersity cour5e5 compared to recent years. Heads d Depar¢ments continue to oversee
teaching that seeks to srretch pupils the limits and expecuticffj of publicty assessed syliabuses and their
associated mathng stheme5 for as lorq as possibl4 whilst onty resoning to examinat#)n drflllng in the lead4y to public
assessmenL Excellent examination outcomes this year cC￿fIrnl this approach work&
Our focus on differentiation was not just CO￿tIVed to better auist our least able PLpil& but it is pleasing to note that
our Sntemal trackingfor thi5 gn)up Su￿ests m￿e sEnifty￿t mea5ufdble progress in educational outcomes than hither¢o',
collw are becoming Lwen more adept at teathkng the full rar¥e of pupib a¢ Hthat& Stretching our most able
pupils is. of twrs¢ the othw key indicattr of effec¢iYe differentiation arml our (albeit ff4rynat) rKrease in the numb
of successful elite university appliotion& together with an extremetry So1￿ perc￿tt8e A* count at A-Level $￿eSts that
Heads of Deprtmwts. work here is eff￿ti￿ particularty w) the fonr41 Sixth Forni e￿nSiOn progrdmmes and
university M￿tor￿g that have undugone successive ￿le￿$ and rtrJeveIow￿ in an effort to make every teacher at
High8ate wable of contributing to both. Colkazw continue to a(fvocatr reading for pleaswe. both with pupi
and parents, and at evwy available opportunity. As well as speakinz to our ethos d learnlng for its own sak4 we remain
fimly convinced of its bw)dks to m*Kal health and ￿0s>￿Ilr as wdl as per30rAI arwj cognttive
developmenL
Last year Heads of AcademK Deparnn￿ts th)dertook Irkho￿ ArtifKial IntetEryence (Al) trnining and exper*nented
with MS Copilot Wore wrtynz back to their lintrmanagers al￿t the opPortUnrt￿ it presents for Teaching and
Learnirg in their Indi¥￿Ul1 subJ"ects. as well a5 risks that require mrtoation. An agreed set of Al Imper4tNes ha5 been
drnwn up. whkh ¢olleagw understsnd and must abide by. C¢llecti¥ety. these imperatives Safe￿llrd the academic
integrity of all academic resources I￿￿7¢ed by teathers for pupils at Htha￿ and cCrf1rn￿ Al cannot be used when
reporting on PUPI￿ markiry thr or communti¢ing with parenty An Al wothng group of excellen¢ and
interested Practi￿OnerS meets reguw. it bs chand by the Assistsnt Head (Academic and Dvirral StrateEy) and its role
is to scan the horizon ftr devebpments. report on them. and to sh¥e best teachir¢g practic& Pupils have heard
numerous assemblies and pre5en¢ations relating to acadwnic intwity and the specifK opporninities aThJ plrfalls of uslng
Al to assist their worl" Par￿¢4 toa ￿ve be￿ brid•J. Work will contirMR yce here next yw.

HIGHGATE SCHOOL
GOVERNORS, REPORT (contin
FOR THE YEAR ENDED 31 JULY 2025
ACTIVITIES OF THE SCHOOL (continued)
Cowcurricular
The co-curriculum. as evtr. provided a ￿ntral F4rt of a Highgate pupil's educational txperience - partyculady
when allied to the range of charitsble activities that are enthusiasticalty taken up, including Giving Day (see Pupil
Volunteering and Community Parmerships, below). Taken together. these opporniniues have helped ensure that
all but a small handful of puiyls have taken part in something iyond the daSSroo￿ along with almost every
member of teaching staff and a good numbw of support staff.
Pr￿PreParatory and Junlor Sehook The c¢xurricular programme across PrewPreparatory and Junior
Schools remaintsj eX￿nSI￿ thou8htfvlly curdted. and age aPpr0prra￿ It is desEned to nurwre pupils. interests,
broaden their experienc￿ and extend learning beyond the classroom.
Year 6 House Ambassad¢xs embrnced their leadership role& particularly in supporting younger pupils during break
and lunch times. A Y￿de rdnge of responSi￿"11ties ardilable across SdKJol& including participation in
School and Eco Council
In the PrtrPrepardtory School, new clubs such as gymnastics and girls. football were added ro the exisung
programme. The Junlor School cononued to exF4ind its offerin& now hosting around l 00 dubs ranging from
Ornithology to Debating. Norabty. our Genernl KnowI￿ge and scien￿ quiz teams reached the National Finals
for the second consecutive year.
Communiry outreach reMa¥￿d a cornerstone of school Irf¢ Pupils from both Schools cononued to engage wich
Hammerson House and Srynature Care and ￿￿¢1P￿te in initiatives wrth local comnwnity cenrre5 and
partner schools.
Participation in Music and Sport remained excwi￿lll￿ high. The Music proy7mme offered a wide array of
performance opportuni(ies. ensemtAes and concerts and in Sporo pupils represented the khool in a robust fixture
programm¢ Highlights i￿luded reaching the natiorAI finals in U I l Netball, the Independent Schools Football
Association (ISFA) ffin￿s for the rnixed U I I football tea￿ and winning the ISFA Cup v4ith the U I I girls, football
Senlor Sch•Jol. The Senior School continued to wovide a diverse and engaging co<urricuLar progrnmm< with
pupils able to pursue both established and ￿ inrxoduced activibes. Addition5 include Punch Needle
Embroidery. Neurodiversity Club and the Year I l Housing Action Group. Meanwhil& the African Caribbean
Society. Yoyo Society. and International Affairs Socw have flourished thanks w the initiative and enthu5Hsm of
pupils eager to lead their cv•m xKieties.
Lower School pupils dabbled and experimenting vitth a wide Yariety of attivities throughout the year. The Year 9
Co-curricular Day offered engagement in unusual and memornble one-off experiences rany'ng from ￿'ke
maintenance to Dungeons arKI Dragons. A record number ofyear 10 pupi15 have elected w undertake the Bronze
Duke of EdIn￿rgh,5 Avfard. Many senior pupils not only led clubs for their peers but also acted as role models.
foxering a culwre of parriapation across the School.
Our debating teams enjoyd notsble succes5, winning team and individual aYrdr& at a rnnge of narional and local
evwits. including taking both goid and sifver in the finaLs of the En8knd BP compeution.

HIGHGATE SCHOOL
GOVERNORS. REPORT (Continued)
FOR TrIE YEAR ENDED 31 JULY 2025
ACTIVITIES OF THE SCHOOL (continued)
Co-currkular {¢ontinued)
Sport and Ex•rrls•
Sport and Exerase (SPEX) continued co be a central pilLar of lrfe at Hi8hgat< with a Vision rooted in womotsng
lifelong participation. wellbeing and excellenc& The School maintained hEh￿I￿lIty provision across all areas of
, with 23 sporting FAthvr4ys ensuring that every PU￿1, regardless of ability. had access ¢0 nwningful and
inclusive experiences. Ovw the year. dose to I,(#YJ pupi15 in l 00 teams represented the School acros$ 14 sp)rts.
Basket￿11. badminu)n and the Heath Walk vfft introduced. al￿& at broadening participation and reinforcing our
commionent to pupil d￿te and incluyvity. At the elite end. the relaunch of the HLgh-Performance Programme
sup￿rted pupils in Years 9-13. comFeting at regional level or h￿er. in areas such as strength and conditboning.
nutrition and academiclathleuc balance, while also offering individualised rehab and holiday tfdining plans.
Work to promotr attive hearth and wellbeing c¢)ntinued through initiatives such as the Big Brother, Big Sister peer
mentorship scheme. vthich helps younger pupils transi¢ion into senior school life with cOnf￿enCe and supporL It
has fostrred empathy. resilierrt and a Strong sense of bek)nging across year groups.
Notable achieYement4 thich refiected not only the pupils, tslent and dedication ixrt al￿ the consistency and
quality of our toachin& facilitie& and SUFPOrt structsjres induded (but by means limited to) the U I I girls
foo¢ballers becoming ISFA national champions: Middle5ex County Cup football wins for the U18 and U14 Ws and
U15 and U13 w'rls. the U15 &T'ds foil fencing winning the 8rrtish Schods champion5,' frfth in the Enlish Schools,
Swimming Associatyon (ESSA) vrdter pdo champronships for the U18 y'rls vknile the U18 boys won the plate; and
silver nRdals for the U18 &'rls national cross•country running final
Music
The Music Department enjoyed an excittng prograrn￿￿ of concerts in 2024-25. Highlights induded senior pupils
performing Purcell'$ Dido and Aeneas: the High£a￿ Young Musician of the Year competition, showcasing our best
ins¢rumentalists: over l ¢XI of our younger pupils taking part in the Eff￿ging Talent conte5L and an uplifting evening
of musical theatr
Our large ensemble'5 concer( Minimus. celebrated music connecced by cwo exrrnsion& the least possible and
the least necessary. The annual concert a¢ Southwdrk Cathedrdl. thss year entitled Journeys. exploring rnusic
influenced by our experiences of disFAacemenL explornrion. and homec￿1n& featured music by Jonathan t>ove.
Brahms, Schrecker. and Gallante. The second hawwas given over ¢0 a complete perfonnance of Mozart's Requiem.
The Summer Term concert was a lehter affair. celebrating music from stage and screen.
Our regular Brnss Day, culminated in a mass outdoor wfonYAnc< wa5 ioined by a new Hute and Double
Reed Day. This included puwls ioining the r￿Owned Ferio Sax Quarret for a fl￿hMQb style Fwformanc& Tv
evenings of chamber music featured renditiOn5 of Dohnanyi. Dvorak's American Quartet and Schumann's Piano
Quintet Op. 44.
The instrumental music scheme saw more than 750 from all three SchcKJls involved in over 800 individual
music lessons a weei delive￿ by over 60 Visiting Music Teacher& This includes over 40 pupils learning an
orchestral instrument in the Year 3 Headstart schem
EX￿rnalty continued to wppon music at LAET: our Director of Music visited weekty to help mentor Maff and
lead ensembles. Musicians from both schools p)ined in a conremFvary m￿lC Conce￿ a study day to analyse and
perforni A.L￿d piece& and sok) jazz Ferfmnances at Express Soho.

HIGHGATE SCHOOL
GOVERNORS. REPORT (continued)
FOR THE YEAR ENDED 31 JULY 2025
ACTIVITIES OF THE SCHOOL (continued)
Co<urrlcular (Colltinued)
Drnma
In the Michaelmas Terni pupils in Years 9-12 soged a woduction of The Curious Incident of the Dog in
the Night-Time. It vrds a fast paced. hghty physical producuon with lors of dever chonjs work. It alxi
demonstrated our new AV syswn to full effec¢ with drarnatic S¢w￿j effects and use of fddio m￿r0￿ne$ to aid
the story-tellin&
House Drama showcaseil ardin our pupils. irh*wdence. as members of all 12 house5 found time in their busy
schedules w put together their teTrvminutr p'ece5. The vmning commended for their outsranding
direc¢ion. alongside Memorab￿ lead perf0m￿nce>
In the Lent Term we showc2sed the two produttions destined for the Edinburgh Fringe in AugusL a 5¢ripped back.
expressionistic version of Hamlet and a v•rt)vhander. Forget-meThNot& written by one of our Year 13 pupils. It
was so exciung w see them win in Ed•nl)urgh. where trf>th shows wfonr*ed to packed audiences and stand out
To round off the year, SO wtmls in Years 7 and 8 took part (on and off stsge) in a ioylul woduction of Nina *al'5
play The Odysser. It's a Really. Really. Real￿ Long Jtyjrney. based on the story of Telemachus going in search of
his father. A truly ensemble piece. tr￿ wpils develo￿ important skills in teamworl colLaboration and mutLkl
respe￿ in addition to showwing some truly impressive actin&
The Drdma tkpartment has also eontinued to cdlaL*)f4te with DrdffA at LAET thi5 year, parcicipating in shared
w￿rkshopS and theatre trips for our Year 13 Theatre Studies pupil&
Careers and EmployJbility
Over the course of the year. 126 fomw puwls and parents supported careers events fdnwng from curriculum
time alumni panel talks Year 12 emplordbiliry interviews and pupl Mentoring. The annual Careers Fair ￿ds
attended by over 400 pupils from Hi8hgate. LAET and severydl Wdrw schools. Pupils met professionals from a
range of 5ector& gap year providers and rewesentatives from degree apprenti￿hlP organisatyons.
The annual Year 10 EmFlordbility Day, focused on the changing world of work vrds sUP￿￿ed by extrrnal
contatt& Pupils explored the impact of Al and 5usrainabtliry on fucure ￿reer$. vthile also refiecting on their own
skills and personal irterests.
In addition. puwls continued to access onevtO￿ne guidance sessions with our Careers and &nplordbility Specialist
for SUFPOrt induding hdp sourcing work experieno exploring gap year OPFQrnJnities and making degree
apprenticeship aFplicatioTrs.
Inclusion
In 202*25, a new strdwc indusion lead VAS appointed and the long-tem) goal developèj: We are
to make Highrdte School an indusive CoMw￿n￿Y in whith all members feel a true sense of belonw'ng..
Everyone vkno y￿rkS and Stud￿ with us deser￿ to feel they ￿ part of an environment thac
Welcome5 them. undwsfands and ena￿e$ th*)) to be themselye
Encourages rdecDon. sdf.kno￿edg¢ and selfryexpressK)n.

HIGHGATE SCHOOL
GOVERNORS. REPORT (Contin￿￿)
FOR THE YEAR ENDED J I JULY 2025
ACTIVITIES OF THE SCHOOL (continued)
Indusion (continud)
Helps th￿1 not just to manage. but to thri￿ to discover and pursue their passi0Tr5. and to develop
as individuals and as members of a commuiury.
A new Stfdtwc Indu5ion Developnent Plan was dthrysed. for launth in the MKhaelmas Term of 2025. The Flair
survey was undercakn for the second time.. integrated with the outcomes of ongoing Hemisphere trdining (which
vrds e￿nded this year to Junior Sthool. Pr&Preparatory ScFK)ol ard Support staffj 1¢ continues ro inform our
Anti-Racism strawc goais and has helped to frame our engagemt with the v*ider community.
The Anti-knsm and Anti-sexual violen￿ (ASW) 15 ufKler review. with the overdrching aim to r￿ne and
con501idate our strategy, including meaningful goals and actions for all ages.
In the Senior School. a refreshed ActFve By5rander course vtds designed and launched. Sixth Formers supported
the delivery of the Active Bystander programme in PSHE for Year I l. and Years 12_13 (along Yiith LAEr)
participa*d in the MetGirlz programme to develop and present Fyoiects aimed ar improving the lives of women
and girls in London. Clubs and Societies continue to play a kry role in the pupls. experients of indu$ion at the
School,. in ￿rtiCUlar. Femsoc has Mgaged y'ds around the new uniforn) polioes and their equiry and Pridesoc
vK>rked with People Change Minds to craft our response to the EHRC'S (Equaliry and Human Rights Commission's)
consukation following the Women v5. Scotland Suw•))e C¢￿rt Rulin&
An Indusion Forum for the parents and carers of thIld￿ with black or mD(ed black heritsg< prov￿ed admissions,
recruitment and pupil voice upda￿. Academic deFArtrnenrs del•vered a rich ard diverse curriculum. consciously
designed with indusion as a key lens thr￿￿) whith co rTHke texL context and topic seth•ons.
All pupils a¢¢ended a weekty service of one d the followins Chapel. Jewish Cird¢ Nonthomination Tabern3cle
and a Muslim Circle- all of which continue w thrive under pupil leadership. The I￿e-P￿pardt0ry School delivered
a Spring festival programme ce￿Ixa￿n% a series of w￿r￿4 faith5 and belief groups. and school produttions featuring
inclusion themes: e.& bdonw'n& embraong difference and be*ng brave in order to look after your friends.
DeveloF¥ng the sraff indusion rxoTrm remained a priority. and interim leadership of the HR department helped
the pastornl team lead on stsff CPD relating to sexual harassmenL ￿n8 an actrye bystander as well as hryhlighting
the ongoing opportunities available via Inclusive Employers. All Senior School stsff undertook Year l of Httnisphere
tfdining IPAack Identiry) and Senior School pastoral Maff underrook Year 2 (South Asian Identtty).
Pastoral and Pupil Wellbeing
The safeguarding focu5 VAS w ensure thac the work of all staff was thiklthtered. curious and communiotive.
Monitoring of safw recruitrnent arrfl new stsff Inductic￿ was tightened and there was a drive to ensure support
sraff benefitted from additional trainin& especially where their roles carried particular safeguarding risks. CPOMS
(Child Protection Online Monitoring System) Staff5afe continued to be used for recording Low Level Concerns
and additional training for sraff increased self-reportirw Relationships with Haringey Children'5 Services Y￿re
consolidated and similar partnerships v*ith Camden, Barnet and lslington initiated. A new Director of Safeguarding
vras appointed in April 2025. taking up the role of Lead DSL (Designated ￿feguardIng Lead) bn May.
Trdining in pastornl areas focused on anu-bJllyin& positive behaviour managemenL online safety. $ubst3nce misuse;
domestic abu* child sexual abus& record keeping and Inforn￿￿On 5harini. affluent neglec¢ supervi5ifkg trips and
visits.. Low Level Concerns child-on-child abJs< and rn￿01 health (11￿￿dIng low mood, bereavemenE and self-
harm).

HIGHGATE SCHOOL
GOVERNORS, REPORT (contlnu•d)
FOR THE YEAR ENDED 31 JULY 2025
ACTIVITIES OF THE SCHOOL (continued)
Pastoral and Pupil Wellbeing (continued)
We continued to empoww puwl$ to positivdy manage their own wellLEin& aThJ parents and scaff to understand
and promotr this. Senior School counsdling came back in-house a full-time tounsellor, part-¢ime art therapist
and Thvo V￿l1b￿.n8 practitioners. Our Clinical Mental Health lead advised on Com￿eX cases. The Pre-Prepardtory
and Junior Schools also had access to an art therapisL counsellor and parent pracritioner. The diversity of
therapeutic n)traels in the team meant V*E could suppr*t a wde range of putMl& and the guidance of the Clinical
Lead ￿lOwed us to escala* cases with extvnal agencies vrt￿re needed.
Pupil voice remained a Centr￿ component of pastoral care. The ants-bull￿'ng committee presenred w Governors
and senior leaders on their vfftk on tackling gossi￿ and Sixth Forni peer menral heabth champions offered
mentoring to younger wpls.
Pastornl work Nyds strongly informed by our inclusion projects. V•ryth the overarching aim of enabling all members
of our community to feel a strong s￿)Se of belonging. An A$￿S￿n( Head Pastoral and Str7tegic Inclusion. appointed
in April 2025. blended a role focused on pjpil inclusion and antiThbultying with SUFWting staff and pupils. The
focus on anti-racism continued. with all ww15 in Years &13 Com￿e￿ng the second iteration of Hemisphere anti-
racism tyaining and all staff complets.ng phase on@ as did our anti-sexism work" our partnership with the Centre
for Excellen￿ on Chikl Sexual Abuse helF*d us audi¢ our w)vision and devel¢)p a training pLin for 2025-26.
Staff Wellbein8
In January 2025. 7￿￿ of our staff completed the biennial Staff wellbw.ng surrfey with the e￿ernal provider, Welbee.
The questions are based on the Health and Sakty Executive's stsndard¥ results showed improvements across all
standards since the June 2023 survey.
Progress has continued v*ith our Staff Wellbeing Devdqfftnt Plan under 1¢$ five core pilla
Mental and Physical Health: rrental health fir￿ aid trdining was included in the new staff induction
F￿MMe. Termly menol health first alder and Stsff Wdlbeing Committee meetings drew up accions
stemming from the staff v4dlbeing survey.
Learning and Devdowwit online training frameworl to be fornially launched in September 2025.
signposts staff to resources rdating to job areas and competencies.
Communiw. actions from the Flair survey have been addressed and training delivered.
SupF¥)rt Systwn* Surface Pros have been distrilyJ¢ed to teachers and new photocopyinglprinting protocols
and systems introduced.
The Working EnvIronm￿t offices and spaces ha¥e been improved, and More vrdter foun¢ains
installed on site.
10

HIGHGATE SCHOOL
GOVERNORS, REPORT (continued)
FOR THE YEAR ENDED 31 JULY 2025
ACTIVITIES OF THE SCHOOL (continued)
Environm¢ntal Surtainability
The focus remained on cwr three core 5UStainabilsty obiecu
To enart our environmenttl Strategy Plan. We cdlecred accurnr£ ￿SelIne data on our khool's
core carbon emissions (e.& dectrKity. ￿￿ter and travd): installed LED lighting in all Junior School
classroom& r￿nstated phtxovol¢aKS; increased our wildl10￿￿ meadow covwage,. and began investiDting
fulty sviitching to smart Meters.
To equip staff and pupils with ￿eater knoN*4ed¥e and undvsranding ofenvironmenral issue5. In the Senior
School. Wikllife Club and Pupil Environr￿it Committee continued to feature as part of the extra-
curricular provision: a new enwronmentally-themed cros5<urricuLir proiecr was trialed with Year 8," a
new academic carousel lecture on dimate change was deliverd to Year l O: assemblies were delivered to
all pupils ¢)n ancient trees (and were tin)ed to coincide with Earth Day)", and we screened the film 'Before
the Flocd.. In the Pre-Preparntory and Junior Schoo15 environmental c¢￿￿nt continued to feature, for
example in classwork on the life cyde of a T-shirt and in ralks on parental carttrs. Provision for stsff
induded a twilight nining session on en￿ronMental ThAtters (April) and a conference, hosted by the
School. for enwronmental educators from across L￿don and the SoutheasL The School also contributed
to environmenral educati(￿ in London by grdnting a partial secondment to the Head of Environmental
Sustainakn'lity to v￿k with collogues in the 'Ciry of London Family of khools,. The School's avfdrd for
'Best for Pupil Vol￿, in The Week Indep￿nt Sch¢)ols Guth also refflected the care and consistency
with which pupils. opinions wftre consulted in relation to the SdN)ol's environmental work.
To engage with rdwdnt sokeholders in rdation to core issues e.g. Travel, EducatTronal Visits. Food to
effett positive attit￿ginal chang& There vrds regular contact *ith Haringey Council to reduce the affKJunt
of trnff￿ outside sthool (most notably at pick-up and drop-offj. This area continued to be a source of
frustration for the School and our neightx)urs. kn proactive engagement parents and pupils (e.g.
let￿r$ fr￿ sraff. the head and the EnVir￿ment Committ< a biannual Green Tr&veVClean air campaign:
agenda items at our Parent Forurn) continwj. We also conducted travel wr¥eys and mintained our TFL
Gold Star Accreditstbon.
Sraff continued to 'green screen. sthod trips and as such we reduced our carbon emissions from shordlong haul
trips: a survey of Seve￿ other independent schools rethled that we're doing y￿1 in this area and these findings
Y￿re presented to our FArent forum. The Carering Departrn￿t has continued to SUC￿$sfUllY reduce meat
consumption, introducing termly Plant Power Days in addition to Meat Free Mondayk The Junior School carried
a proiett Y￿lShing daily Pla￿ wnething we regularty wgeL

HIGHGATE SCHOOL
GOVERNORS, REPORT (continued)
FOR THE YEAR ENDED 31 JULY 2025
OTHER CHARITABLE OBJECTIVES 20W25
In 2024_25. speufK charitable obieco'ves in addt¢ion to educaoon remained a
To continue support across the three pillars of our case for SUPFK)rc bursarie4 partnerships and
responding to emerp'ng needs in our communrty. The latter includes resP￿ding to the cO5¢￿f-1IyIng crisis
and support for those facing hardship.
To continue to support the School's ￿rSary wi$￿)n to the Junior Sd)ool to allow children ro attend
Highgate on means tesced fee assisted P￿CeS from Year 3.
These wtre in addiuon to our continuing obJ"ectives:
To continue our commi¢ment to suppor( as the primary educational sponsor. LAET, which provides an
acadernicalty selec¢ive. y￿11-gOverned sixth form free ￿h0o1 in a local communiry where such
oppomini¢ies are lackin&
To enable ￿CherS to give some of their tsme to lool stace 5choo15 in mutually beneficial way5, SO that
more children can have access to the exCell￿t teachir¢ and enriching activities that Highgate pupils enjoy
every day and Highgdte teachers develop profess￿11Y by ￿chIng different pupil cohorts.
To avrdrd a signthcant number of bursaries so children for whom High￿* is the right sch¢)ol can
acces5 the excdlent teaching and enridmng activitses that Highgatr provide& when financially it woukl
otherwise rlot be possible.
To grow strong and sustained links with sdKW)l& charities and simil¥ ￿ZarlisationS viithin our School's
local community.
OTHER CHARITABLE ACTIVITIES
Partrwship Teaching and Summ¢r Sdwl
Our 'Chrysalis' partnership teaching programrne. involving active engagement over 35 local schools in three
local borough5. is integral to our edu￿tIOnal philosophy. We employed the equiYdlent of around eight full-time
teachers to deliver ￿ and also ProV￿Jed finanoal and educational supporl mos¢ notat4y to LAET.
Chrysalis Teaching FelloY+S delivered projeLts and ran emrs induthng woviding aCadern￿ SUPFJQrt to students at
LAEf. faalirating Y￿klY woiects and clubs across 5evernl academic subjects at F4rmer primary schools. and
ddiyering a full programme of activities ar the Chrysalis Summer Schools.
The Chrysalis Mock Univerw interview fcy ￿rtner school wpils saw over 110 teaching sraff from
Highgate. LAET and London Acadery of Excellence (LAE) Strd¢ford interview over 250 pupils from nine Chrysalis
schools. Students from oNEr 80 partner schods attended y￿￿arS focused on studying Maths and Chemistry at
OxE￿idge and other highly selective unryersitiek Other events included Girls in Physi￿ which enabled partner
school pupils the OPFM)rtunity to attend a tslk Irom a leading expert in the field. the Year 10 STEM day.
atrended by 47 pupils from seven partner schools: 45 Chrysalis pupils enjoying Maths lessons and games at the Ri
Maths Celebration Day: 60 completing the Maths Olympiad for Girls. a UK Math5 Trust exam to promtxe maths
opportunities for female pupils. Additionally. a¢ leas¢ 9.000 primary aTrJ secondary puixls from around the country
at￿ided an As rf By ￿ts81C chewdstry demonstratson. designed to inspire interest in chemistry.
Our ann￿1 Chrysalis summer school& designed to enrich the eduotional experiertt of parbcipating soyjents.
WelCon￿ 66 primary pupils for a diverse array of sessions induding arL drdma. robotK4 science. and maths. The
secondary summer school focused on Year 10 and 12 pupils. offering a comFKehensiYe programme of career
exploration. employa￿.11￿ S￿.115 and higher edu(3tion supp)rt to ¢)Yer 75 students. Highl￿ts included a trip to
Oxford University and rr￿￿rdasses in STEM and humani￿ delivered by Tracher5 from HIgh8a￿ and LAET. The

HIGHGATE SCHOOL
GOVERNORS. REPORT (continued)
FOR YEAR ENDED 31 JULY 2025
OTHER CHARITABLE ACTivrriES (contlnued)
Partnership Teathing and Summer School (contlnued)
feedback was very positive: 92% of att￿ kl¢ more preF4red for their futur< more kr￿ble about
hyher education and UCA& and would recommend the s￿)mer to othw5.
Pupil Volunteering and Community Partrherships
Pupils took Fart in a year-round programme of fundrnising actsVIt￿ indLKling sustainable uniform days, bake sales.
musical performance& L¥Jskin& quizze& charity week competition& r4tts and games in support of our 'charities
ofthe year.: The British Red Cross, Shdter. C¢)ol Earth, North London Action for the Homeless and Designability.
Funds were also rdised for the charioe5 Galop. Lit¢le Princess Tnjst and knnk to Hope. Pupil-led fvndrdising raised
£12.899 and, throughout the year. over 495 shopping EAgs of food and essential i*m$ Y￿re donated to our long-
term partner Food Bank ￿d. Additionalty. our annual shoebox appeal ￿ded 88 shoeboxes gfted to Link-to
Hope for familie5 and elderty people in Eastern Europ< induding Ukrain
Our sec¢)nd. and r￿W annual, G￿ing Day Saw pupils. alumni and staff from all parts of the School take part in
challenges involving running (or vAlking or skippin&). ￿4th$. reading, sviimrnin& cricket and art to raise money for
Highgats's bursary progrnmme and LA￿. In total we brought in £196.679, thanks to over 2,OW participants
covering more than 6.(KIO mil* a beauriful chalk murdl on the F4ayground. several v￿Ckets for the 1st Xl against
the alumni. 80 parents, carers and their thildren enioyww the Prtheparatory khool reading challen• and some
fiendishly difficult maths problems.
Cher SW pupils got involved viith communiry initiatives. &xth f￿rnerS ¥olunteered at Holly Lodge Community
Centre for lonely andlor elderly residents of the Imng complx and at the TreeHou5e khool for autistic children.
Other pupils shared thdr tech v*izardry at Coffee & Computer4 a local community int¢ia¢ive for elderly residents.
Sixth form volunteers delivered weekty l- I numerdcy and literncy 5UPPOrt for pupils at our Chrysalis partner
school Glade5more, and othvs supp)rred the delivery of Hfvte'5 Chrysalis Accelerdtor programme for care
experienced children and thildren with a social worker.
All Year 9 pupils participated in one day ofvolunteering and communiry engagement with local community partners
e& elderty care hom￿ local Chrysalis yartner wimary schools and local sustainabiliry proiects on Hamp5tead
Heath. Al Year 10 pupils F4rtKipated in a wide rnnge of environmenrakrdaced community attpjn for our annual
Environment Morning. Activities included landscaping a kKal church Fyoperty, learning about susrainable eaung
practices in community gardens wildlife haLNrat ￿lIdIng and taking FArt in food workshops. In the Summer Term,
pupi15 and stsff volunteered to pKk litttr. perforni and more at local events such as the HighKdee Festival and Fair
in the Sq￿re.
13

HIGHGATE SCHOOL
GOVERNORS, REPORT (coThtinu•d)
FOR TNE YEAR ENDED 31 JULY 2025
OTHER CHARITABLE ACTIVITIES (contlnued)
Bursaries
103 pupils received means-tested fee remissi￿. 92 in the SeJ)ior School (induding 5 refvgee pupils from Ukraine)
of vthom 59 received IcrfrA fee remission. consistent wth the policy to concentrate bursary awards amongst
children whose parents or carers are able to pay very little or none of our and.. I l in the Junior School.
Ty￿1Ve pupils were. in addition to their ff*ans-testd fee remlssion, ¥*ven grants towards the cost of uniforni and
£10.000 vrds allocated to enatr￿e bursary holders to participate in trips for vthich there is a charge. Through
donations from former PUFAls {choIn￿eians) and ￿ren￿ the khool also assisted with £68.551 towards the costs
of instrumental music lesxins and additional eX￿seS for I￿rSary avrdrd holders.
The total value of our tsjrsarial support was Q310.974. Of this figuo the School funded £2.219,926 a significant
part of which. as ser out in the Accoun￿ came from generous donations. Fp4e of the 92 knior School pupils
re￿I¥l￿g means-tested fee remission were supwrted by the FrTrends of Hfvte School Society (a registered
charity, no. 1056624) which conrributed £91.048. In a new Initiati￿ one Sixth Fcwm pupil was SupP)r￿ by the
Joshua Dorgu Foundation.
Our wew of our total support packas beyo￿1 fee remission. continued, with an enhanced "bursary package"
being put together for applicants from 2025 onvrdrdk This v•ll ensure a I￿re appealing and competitive offer for
bursary candidates. The'virtual Head of House. for Bursary pupils 15 now estsblished as a key point of contstt for
parents and carers, and inrr(¥Juction$ bea) facilittted by horne visits and coffee mornings.
A full sratgnent of our poly on ￿r$arleS is aYdilalAe on our web￿￿. there is also further infomation ardilable
for parents and carers viithin the admissions section of our *Tb5i*.
Costs associated with other Charit￿le athitws
In addition to the funding associated *ith ￿r$arie& approximatdy £1.350,(KK) rekn the aswciated salary costs
for the year (including pension and wnployer's national Insuftnte) of our Communi¢y Parts)ership Direcror,
administratyon of and FAStornl support for lyjrsary holders. the share of stsffing costs associated partnership
teaching progrdmme (inC1￿J1ng around 8 fiJll-time equiydlent of soff seconded to LAffj and our Chrysalis Fellows.
Around a further £35.000 was a150 incurred during the year on the running costs of our work on paru)ership
teaching and community parts)erships, induding trdnspor( equipmenL and Y￿1¢$ to venues.
14

HIGHGATE SCHOOL
GOVERNORS. REPORT (continutd)
FOR THE YEAR ENDED 31 JULY 2025
FUTURE OBJECTIVES
At the beginning of the academic year 2025-2& governors agreed three overnrthing obiec¢bves for the next five
strengthening the Sd)od's finanaal p05iuon suth that the impatt of VAT and other costs are mitigaod. in
parcicular through the opening of additoonal schods alxoad and in the UK so that neither the Sthool's
curricular and ctrojrricular offering nor its charIta￿e reath is reduced. and 50 the latter may grow..
strengthening the Schcrf)I's ability to provide an Owwminded and humane education responsive to changing
polirical wsions. in particular rf faceAJ by regulatory or external pressures:
understanding and, vknere necessary. mitigatyng the thanging effects on young peopl4 on families and on
parenting of pupils online lives. in wms of their *ellbein& behaviour and value&
The idea behind these objectives is to ensure the School directs its discretionary effort - i.e. that which 15 not
already allocated to the quotidian bjt evervimportanL and no le55 prioritized. teathin& learning and pastoral care,
vthich are rTr)re directly covered in annual rewrting - at issues whbch currendy affect the School and its
community.
By an "open minded and humane education" the 5th(￿1 means one which develops and protects free-thinking and
receptiveness: promoce5 enquiring tolw7nce and curiosity: and wves children learning that is Inter￿ed to
have a civilising effett on them.
GOVERNANCE
Structure. 8OVtrnance and managwnent
Our Governors (listrd in the next section). who are our Charitls are responsitle for the governan
of our SclK)ol. HIgh8a￿ 15 governed in accordance with our Stheme of Governance, dated I September 2005, as
arner￿ed. and our Governors are members of the 80(ty Corpordte of Yhe Wardens and Governors of the
POS5es5ion& revenues. and good5 of the Free Grammar School of Sir Roger Chobmeley. Kn￿¢ in H￿h8atr"
Management is under the dirertion of our Head. Our full governing tody meets at kast six times a year. The
following four sub<ommittees all meet at least three times a year. ( l) Financ& ALKlit and Risk Commitw (2)
Estates Commit￿e. {3) Nominations and Remuneration Committee and (4) Safwarding Commitree. Governors
have also esrablished a nOr￿fee income V￿ng group (which. from I Septanber 2025, has become the Interim
Advisory Group). Governors drdwn from the su￿MMItEees meet periodicalty to review the ethical dimensK•ns
to school policies and. whexe required. to consider signfficant matter5 of education policy or prnctice.
The N¢)minations and Remuneration Commi¢¢ee is responsible for overseeing Suc￿s1On planning to ensure our
governing body conrains appropriate diversity. experience and skills. and making recommendations w Governors
about recruitment wocesses for new Governors. Recent appointments have involved advertising roles within our
School community prior to a sifting and intervie•V t￿oCess. in 2022-23 Y￿ V￿rked with Nurole for the specific
appointment of a Deputy Chairrrran and four new Governors wwe subsequendy appoin￿ in the Michaelmas
Term 2023. Two additional Governors v￿e recrnited during 202*25 to join the Governing Body in 2025-26.
All new Governors receive induction trainin&
The Governing Body can also appoint a550ciate mthrs to s¥ve on one or more of the sub<ommitteesIv￿rklrtS
groups andlor to at*nd full Governing Body meetings. Assocrd¢e members are often selected ￿ draw on expertise
and experien￿ from outside the Governor membership. During 202425. an a5socHtr member has served on
the Estates Committee and on the Sus¢ainability and Environmental Executive Commit￿. An addityonal associate
member Wds also recruited during 202&25 to loin the Safqthing Commit
15

HIGHGATE SCHOOL
GOVERNOR5. REPORT (continu•d)
FOR ThE YEAR ENDED 31 JULY 2025
Structure> governance arbd management (continued)
In considering the and remunerntion for the khool's key management personnel, d)e Nominauons and
Remuneration Committee consider the nature of the role and responsibilities. trends in FAY and competitor
salaries in the region afiilable from publKly availaNe sources.
Group Structure
The Group during the year compised and irs v*tholly owned and contrdled subshdiary- Hi8hgate
International Schools Limited.
Management
The day.￿￿aY running of our School is ddegated to our senior kadership tsam. The Head. Adam Pettit¢
exercises the funttions of Chief Executive in leading and directing the knior. Junior and Pr&Preparatory School5,
and reports to the governing body. The day-t￿aY responsibility for management of the Junior School and Pre-
Preparatory Sthool is exerosed by the rewtive PrinciFqIs: Philippa Studd (Principal of the Junior Sch¢JoI) who
report5 to the Head. and Emma Duong Saka (Principal of the PrfrPreparntory Sd￿￿1) who reporrs to the Principal
of the Junior School.
The Head is assisted in the Senior Soknol by t¥vo Senior Dewty Head& Todd Lin&ay and Louise Shelley. a Deputy
Head (Academic), James Newton. a Deputy Head (Pastoral). Rebecca Golland, and a Deputy Head (Professional).
Graeme Robertson, togetttr vrfth a number of Assistant Head&
The Bursar, John PheasanL 15 responsible for the management and leadership of support staff, and the financial
administration of our School. and reports ro the Head. The Bursar also acts as Secretsry and Clerk to the
governing body, in vA)ich role he rep)rts direcdy to the ChainrAn.
The Head. PrinciF41s of the Junior and P￿￿vratOry Sch<)ol& Deputy Heads and Bursar rr¢ake up the Strategy
Management Committee.
ADDRESS OF SCHOOL
Hightate Schwl
North Road
High¥a
London N6 4AY
REGISTERED CHARrrY NUMBER
312765
AUDITORS
Haysmac LLP
10 Queen Street Pla
London EC4R IAG
SOLICITORS
Farrer & Co LLP
66 Lincoln's Inn Fields
London WC2A 3LH
BANXERS
Coutts & Co.
St Manin's &7nch
440 Strdnd
London WC2R OQS
16

HIGHGATE SCHOOL
GOVERNORS, REPORT (contin￿d)
FOR THE YEAR ENDED 31 JULY 2025
INVESTMENT MANAGERS
RBC Brewin Dolphin
12 Smithfiek4 Street
Lor￿On EC IA 9BD
GOVERNORS WHO HELD OFFICE DURING THE YEAR ENDING 31 JULY 2025
FA&RI
Safeguardln
Mark Barber MA MRICS FRGS FRSA
l¢nny Brown MAIOxon)
loan Deslandes bE￿H￿l OBE P14
Sam Klng KC MA(&&I
Hannah Lewii MED¥lQAon)
Treasurer
Kevln Ilccarthy LL8IH¢)rtl BCL{Oxonl Notsry Pubk
Deputy Charman
L•onle Morel MS¢M
Xumar Panla BA LLDIp
Aly Patel MA MBA
Robert M Rothenbery M8E BA FCA CTA
Chatman
Paul RothTw•II MA
Rwed 8 OctL**r 2024
Danlel Wlddicombe MA
R¢s¢ned 8 Qac+¢r 2024
l Member ofthe A￿jr£ & Rtsk ComrrMtt¢¢
l Memb¢r tlthe E5)w Cwmitree.
3 Member dthe Nominadons CorNnittht
4 Member dthe Safewdiry CoftmitteÈ.
17

HIGHGATE SCHOOL
GOVERNORS, REPORT {continu•d)
FOR THE YEAR ENDED 31 JULY 2025
PUPIL NUMBERS AND FEES
Pupil numbers were 1.948 in Septttnber 2024. Our published fees per terni, for 2024-25. were £8,830 (Senior
School). £8.095 Uunior School) and £7.645 (Pre-Preparatory Sthool). Following the LaLK)ur government's removal
of VAT exemption for independent xhools from l January 2025, to cushion the impact on pamts as much as
possible. fees were discounted for the Lent a￿j Summer Term5 2025. fees including VAT for these two terms
We￿ £9,645 (Senior School). £8.836 Uunior Sthool) and £8,342 (PrfrPreFW7tory School). This resulted in
increases to parents in the region of [0% for these two renns from MKhaelmas Terni 2024. The fees are inclusive
of the use of books and stationery, and Practical￿ all other ex¢ras including furure life membership of our alumni
society (Cholmeleian Society), field work one resbden(ial trip in Years 7-9, and day visr¢s in currKular time.
FINANCES
Total fee income in 202425 vrds £45,360.901. The oP￿a￿n8 defici¢ was {Q091503). Thi5 defKit VAS largely
attriburable to { l ) reduced income as set out aknve in Lent arml Summer Terms 2025. (2)10s5 of charirable relief
on business rnres in April 2025, (3> increased employers. National Insuran￿ from April 2025. (4) increased pension
costs and {S) rea55essment of future ￿edged donauons. Governors continue their strategy of deploying all net
incomin8 resources to in¥e5tyng in the Sch(d and Charicy to ensure that HighDte keeps. and indeed works ¢0
improve further. 1¢$ p)sition as a successfvl phce of learning and all-round etjucational excdlenc¢ In the current
financial year. £3.364.447 sP￿t in respect of this Investme￿ wogrnmm< ensuring thatthe needs of succeeding
genera¢ion$ of PUF4ls a￿ meL as well as the currenL
Diversifying non-fee income
The School continues to offer paid-for courses ac the Mallinson Sp)rts Centre ar￿ facili￿te filming opportunities.
Furthw work is being undertaken ro explore othw non-fee income OPFQrtunities including lettin￿, hirings and
wider opportunities such as international schools and provision of a pre-school offerin& In November 2024. the
School announced its Fartnership with Siam Motors Group and the Phornprapha famity to launch our first
In￿rnatIOnal &bling school in Thailand. The first c<)hort of pupils will be NYelconRd in August 2026.
Fundrnising approach and perfomwKe
We underrake fundraising acuvities within the schcd community via dirett mail, telephonq community
participation activityes (such as cmjr pupils, sponsored walk), fundraising even4 solicitation of individuals,
crowdfunding campaigns and email in line with the Fundraising Code of Prac¢ice set by the Fundraising Regulator.
Fundrdising is overseen by the School's Developffwt offi￿ by staff all of whom have detailed job descriptions
associatèj with their roles and receive appropriate tfdining to reinforce our fundrnising ethics. We are registered
with the Fundraiyng Regulator and adhere to the standards of the Fundraising Code of Prdcuce, and act in
accordance with the tenns listed in the Charity Governance Code. Fundraising ac¢ivi¢ies are open, fair, honest
and resFecthIl; the School does notfundraise from c¢)nsti¢uents who are considered vulnerable or in tircumstan
V4hich rnean an individLHI is una￿e to make an infornxd decision. No formal tompkaints were received about
fundraising acuyity in the year. Trustees receive regular reports rewding fundraising acttvity and performance.
The year saw donations. tovfdrds lyJrsarie& trnhips general lunds and capfal projec¢¥ received in-year of
£565,121 (2023-24: £788,811). The Charitie5 SORP requires dcxutions to be recognised v4hen receipt is probable
and, therefore. captures pledges promised for receipt in fuwre years". at year-end as a result of the continued
economic uncertainty induding VAT on school fee& the School ha5 rea55essed the likely receipt of 50rne pledges
which has had the effect of reducing the total ntt donatlons income in the financral sta*ments w a neKatiYe positH)n
of (£449,637) (2023-24: £55.560) (Note 3b to the Accounts on page 34 refers).
18

HIGHGATE SCHOOL
GOVERNORS. REPORT (continutd)
FOR THE YEAR ENDED 31 JULY 2025
FINANCES (continued)
Buildings
Governors remain committed to continuing to invesc $ubs¢antially in upgrdding and, where necessary. renewing
current academic facilities to ensure that t)ur physic21 estao meets all erner&'ng requirements to a hEh standard.
Our current priorities include improving drama. musio SForts and ￿xth form faolities, plus renewng services to,
and reconfigurin& our Senior Schoofs Sci￿￿ lat()rdtories. Additionally, in a drive to maintain our first-rate
facilitie& our Schoof continues to preserve its historie buildings to improve the kjok of our School for rhe benefit
of staff, pupils and the local communiry. Consequendy work will continu& as parr of our e￿nSIVe capital
devdownen¢ F￿08raMM￿ in upgrdding reaching faaliues and repairing the fa￿lC of our historic buildings. During
2024-25. following a number of planning application5 that had t*en submitted during 2022-23. in line with a
Supplementary Ilanning Document (SPD) for the Sthool's es¢ate that was adowed on 9 March 2021. the khool
contynued to consult the communy over the apF4ications.
To contribute towards the funding of this progrdmm< the SdK>oI entered into a Fyiwdte placement in Juty 2019
for £60,￿0,000 derails of which are set OUL Wbthin Note I la to the Accounts.
Specific investment powers policy and perfon￿nce
governing sd*me alfords Governors FA￿Ven ￿ line with those gen￿al￿ app4icable to charirable foundations.
Investments aquired by Governo￿ during the year er￿Ing 31 2025. have been acquired in pursuance of those
poV￿r5 and within the sta￿ment of Investment Policy agreed wtth Investment Managers. RBC Brewin Dolphin.
The Invesunent Objectives aim for a total annual return over rollsng thr*year periods of at Iwd5t inflation (RPII
plus 4%. As at the end of September 2025. wformance was an annuali5ed return for the rolling three•year period
of 8.6% ardinst an annuali5ed return for RPI plus 4% of 95* Work is in hand to try and imwove this rewrn.
Reserves Policy
In common other independwt sdK)ol& Highpte does not have fr￿ reserve5 readily aydilable tn spend on
any of the charity's purpose& As indicated on our consolidated balance sheeo at the year end, our School had
total funds amounung to £80.231,263. This VAS split between wdovm)ent funds of £29.514,329, of vthich
£27,789,363 related to the net book Yalue of the ori&'nal endowed F*operty ofour 5th001 (principally constityting
our main idand sitr in our Senior Sthool), res￿¢￿d funds of £1.4H.828. namely donation5 (including pledges)
received for Specific purpose& and. the remainder. unrestricted fiJnd5 of £49.272,106. The unrestricted fvnds
refflect the residual investment that our SclK)ol has made over the year5 in the fabric of our ￿lIdIng and facilitie&
it is not readily afdilable for sP￿din& The Governors therdore m￿ltOr the day-to-day operdtions of H￿hgate
through management of good ￿dgetIng procedures and CaS￿lI0w. to ensure that it can meet the onFing needs
of the operations of the Schcol and conrinue to invest in the fabric of the estate and educational provision.
Governors are satirfied that we have Suff￿lent ardilable cash and faalities to deliver our strat￿c objectives.
Risk Assessment
Processes are in pknce to idenufy risks undv the headings of AlmslO*'ec￿ Law and Regulation, Governance and
ManagemenL Academic, External Factors. Operdtional. Human Resource& Environmental. Technological and
Financial Risk4 and the necessary mits8ation& and a55essments and controls escablished to manage these are kept
under regular review by our senior Mar￿￿￿¢ and our Governors. Financ& AwJi¢ and Risk Committee.
The main risks that have been identified. and the plans to manage those risks ar
Challenges to the financial viability andlor affordabblity of 1ndep￿tsnt schools ty increase5 to cos¢s largely
19

HIGHGATE SCHOOL
GOVERNORS. REPORT (corfln￿d)
FOR THE YEAR ENDED 31 JULY 2025
FINANCES (contlnued)
Risk As￿5$M¢n¢ (continued)
outside the contrd of schools eiAT. Busbnes5 Ra￿ National Insurance and other taxes}. The Sch¢XJl
continues to rewew the educational and other charittble activities to Klentrfy costs that could be reduced
rf necessary, consulting with parents, general financHI due diligence and to look to further diversfy income
by Identrf￿.ng meaningful non-fee income opportunities to redu￿ the CUTrent SI￿￿fi￿n( rdiance on fee
income.
SeNceldatalfinancial lom from unauthorised acce5S to Sthool's ne(w￿k and associated reputstional risk,
particulady of a personal data breach. This risk is mawed by a blended approach, including the
enforcement of strong pa55word& multi-factor aLrthentiotion for accessing dats and systems. a mul¢i-
tiered approach to anti-maPware protection and regular staff avrdreness crnining on cybersecurity.
Ageing facilities inadequate for modern day teaching and learning. This risk is managed by the capiral
progrdmme whKh aims to addre55 the School's acadenmc requirements by focusing on buitdings in
gnificant need of repairs and renevrdls.
Reputation of the education and y￿1-being of our pupils and the acDvt¢ies of our Sckiol. This risk is
managed through rdeyant policie5 embedded within our khool through me&ings. committees, sfaff and
pupil av4arene5% and having nomirAted senior management resFrf)nsible for spetrfic policie5. Policies
indud& Safeguarding policw staff recruitment polioes. and health and safery policies. Other areas of focus
indude security and personal Safety. In addition, our Sthool uses wofessional advisers when necessary.
Sustaina￿11￿ issues that impact on our community. FArticulady air pollution. Issue identyfied as a priority
in our development plan. This risk is ffAnaged by the Su5tainabilrry and Environment Committee and the
appointment of an Associate Member to the Governing Body v*l)o is helping develop priorities.
Diversity of pupils staff. Issue identified as a prioiity in our develownent plan. This risk is being
managed by continuing to review our application wocesses to attrntt mre a￿lcationS from groups that
are considered under-represented.
Governors have been prowded with aSsUrnn￿ tha¢ risks have been adequately miti￿ted where necessary. It is
recognised tha¢ systrms can only provide reasonat4& not absolut& assurdnce that major risk5 have been
adequately managed.
Fixed assets
The fixed assets are as srated in the t4lance sheet further detailed in the rK)tes to the financial st#tement&
They are considered ¢0 be ardilaNe and adequate to fulfil the obliDtions of our School.
20

HIGHGATE SCHOOL
GOVERNORS. REPORT {¢ontinued)
FOR THE YEAR ENDED 31 JULY 2025
Statement of Governors, Responsibilities
The Governors are r￿Ponsible for preparing the Governor5, Report and the accounts in accordan￿ with
applicable law and United Kingdom Accouniing Standards (United Kingdom Accounting Practice). The law
applicable to charities in England and Wales requires the Governors to have prepared financial sr2tements for the
financial year that give a true and fair view of the sr2te of affrdirs of our School and of the surplus of the charity for
that period. In preparing these financial statements. Governors have-
adopted suitable accounting policies and applÉed them c0nsrs￿ntlY,-
observed the methods and principles in the Charities SORP:
made judgements and estimates that were reasonable and prudenL
sr2trd that applscable accountyng standards have been followed, SL5bjett to any material departure5
disclosed and explained in the financial statements- and
prepared the financial sratsments on a going concern basis.
Governors have kept proper accounttng records which disclose, with reasonable accuracy at any time, that the
financial statements comply with trust law. Governors have safeguarded the assets of the chartty and taken
reasonable *ps for the prevention and detecuon of fraud and other irregularitie&
Governors confimi that the accounts comply WTth the requirements of the Charitie5 Att 2006 as amended by the
Charities Act 201 l. the Governing Scheme. and the Charities SORP 2015.
Governors confim that they have complied wth the duty in Section 17 of the Charities Att 2011 to have due
regard to the public benefit guidance published by the Charity Commission.
on behalf of the Governors
Chairman of the Governing Body and Chairman of Trustees
25 November 2025
21

INDEPENDENT AUDITORS. REPORT TO THE BOARD OF GOVERNORS OF
HIGHGATE SCHOOL
INDEPENDENT AUDrroRS REPORT TO THE TRUSTEES OF HIGHGATE SCHOOL
Opinlon
We haye audiod the financi￿ statements ol HighDtr for the year ended 31 Jdy 2025 whKh comprise Con591ida¢ed
Sracement of Financial Acti￿tieS. the Con5dTda¢wJ 3nd Charity B￿ance Shttty the Consolida¢ed Cash Flow Statement and
the n¢xes to the fir4rKial statemenr& including a summary of syificant acctyjnting Fdicies. The financial rep¢)rring framework
rhat has been applied in their preparntion 15 awAicable law and Unl￿d Kingdom Accounting Standards. including Financial
Reporring Standard 102 The Fmonad Repwthi Stthdord oppkth in the UK Republic of Irelortd {United Kingdom Generally
Accepted Accounting PracEice}.
In our opiniorK the ffinanc￿ statements.
ve a true and fair Vrew of the state d the Group's and of thè charl￿5 afiairs as at 31 July 2025 and of the tharity's
net mov*nent in (und5 for the year them ended:
have been property prepared in accordance vrith Uni¢ed Kingd￿ Genedty Accep￿ Accountyng Praalcè; and
have been yepar*d in accordan￿ rwwr•nents Chariues Art 2011.
Balis for opinion
We have been appoin¢ed as auditor under secDon 144 of the Charities Act 2011 and rèport in ¥COrdan￿ with the Act and
rdevant regulations made or hamng effect thereunder. We CC¥Kluc¢ed ow audir in accordante with International Standards
on Auditing {UK) (1s￿ IUKI) and apFAlc￿e L4w. Our responsibilttyes under thosè S)nd￿lS are further described in the
Audi¢or's reSpOn￿bIlItieS for th* audit of the ffinI￿al Matern￿ts sertion of c￿r rÈporL We are independent of the group in
actordance with the ethical requirements that are rele4ant to ¢yJr audit of the ￿n￿la1 s¢atements in the UK. including the
FRC'S Ethical Standard, and we have lulhlled our other ethical responsilxlities in I￿ordanCe with thesè requirwnen¢s. We
believ• that audit ev1dw￿ we have ob¢a¥)ed is Sdfici￿f and aFpropw to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the ffinanCI￿ statement& we ¢crtluded that the ¢ntstees' USÈ CA the going concern basis of attounting in the
preparauon of the fin￿la$ s¢ateff£nrs is aptryTh
Based on the workwe have wfcfmed. we have not bdentiffid any urKw¢aintie5 relating to events or condityons thaL
individually or collectively, may cas¢ SiVMfican¢ doubt on the chan.rfs ability to continue as a going concern for a period of at
least ¢wehe months from ￿en the ffinanci￿ Sotem￿ts are audKYised for
Our responsitAlities and the respmsitslioes of the trustees wtth respecEtop'￿cQnc*rn are described in the rèlèvant sections
of this rÈp¢rL
Other Information
The trus¢ees are resp(￿s1￿• the other ithmatsorL The other Inform￿ compriw the information incI￿jed in the
Governors. ReporL Our ¢w'nion on the finanoal s¢a¢ements doe5 not Cover the athtr inforrnatton and. except to the extent
othernisè twititly staTrd in our reporL we th) not express any forni Of a$Wran￿ condusion thereon.
In connection with our audit of the financial ststemtnt¥ ¢>ur re5W5iknlity is to read the other information and. in doing so.
consider whether the other inlarnmtion is m3¢erially irKowistent the financial ststements or our kn¢)wledge obtained in
the audit or othemse appears to be materially mi5sts¢ed. If we identsfy such Materi￿ irKonsi5tencie5 or apparent material
misstatement& we are requirÈd to deterniinewhethw there is a material misstatement in the ffinanCi￿ statements or a fflaterial
misstatement of the other inforniation. If. based on the work we have performed. we condude that there 15 a material
misstatement ol t￿5 other infornHDon. we are required to rw•rt that facL We have nothing to report in this regard.
Matters on which we ave requir•d to Mport by t￿ptIOn
We have nothing to report in respect of the followin¥ matters in rdation to t*hMch the Charitye5 (Accounts and Reports)
Regularions 2th)8 require us to report to you rf. in our opnion..
adequate accountin¥ records have not been kept by the c1w1￿. or
sufficient accountyng records ￿ve nor been kep¢ or
the charity financial statement5 are no¢ in ￿￿e￿nent with the accounting reconls and returns: or
we have no¢ received the infornution exphnatitins we req￿re for our audiL

INDEPENDENT AUDITORS. REPORT TO THE BOARD OF GOVEIINOR5 OF
HIGHGATE SCHOOL
R•sponslbllld•$ ol trusth•s for th• finartclal stat•m•nts
As explained more fijlty in the trustee5' respons*ditie5 Statement (srf oyt on p•ge 21). the rrnstees are resptsn5ibJe for the
prepararioA of the finantial 5tstements and for being 5atisf*d that they give a true 2r*d fair view. and lor suth internal control a5 the
trustees detemiine is nteessary to enable the ￿eParat￿)n of fwRncul statements that are free from MI￿rIal misstatemenL whether
due ￿ fraud or Èrror.
In weparing the financial statements the trustees are respongble kn assemlng the charitls ability to Continue as a going concern.
di5t105in& as applicable. matters related to going concern and using the gowig concern bay5 01 accountin¥ ￿leSs the tnJ5tees either
intend to liquida¢e the tharw or to cease operafion& or have mo realistic alwnative but to do so.
Audltorfs r•sponslbHltl•s for th• audit of th• finathd￿ statsmertS
Our objettives are to obtawb reasonable aSSUr￿￿e about vthether the financ41 stawnems as a Tr**hole are fret from materlal
mi%st3temenL whether due to Iraud or ermr. and to issue an auditorfs report that includes our opinion. Reas¢)n3ble assurance 15
high level of assurance. lyjt 15 not a guarantee that an audi¢ condycted in accordance vrith 1&4$ (UK) WIN 8￿y5 detect a material
m￿$￿terneTrt when it exists. Mtssratemenrs <an arise from fr•ud or error and are eonsidered ma*rial il. individualty or in the
aggregate. they Could reasonabty be exp￿red ro influtyKe the ec¢)rtomic d&15￿)￿5 of users ttken on the ba515 of these financlal
8ased on our understandiig of the thrny and the envmmhtnt in *thith it ¢)peraw we IdentrP￿ that the principal risks of non-
comp4ance with laws and regulation5 related to The Educatrx Ilndependent School Standards) KegulatKJn$ 2014, safeguarding
rtguladons. health and safety requirement& GDPR. ery4oyrnent law and c￿rity law and we considered the ex￿nt to which non-
Comp￿anCe might have a material effett on the finanaal statement& We con$Klered those knw$ and regulavofis ihat have a dlrett
impart on the preParat￿n of the financial statements suth as the Charities Att 2011. the St1￿ment of Recommended Practice for
Charitie5 ISOKP 20191. and considered oth¥ lactors such as payroll wes and VAT.
We e￿I￿tell rf4nagem•)t's InceD￿Ve$ and opporwniiies for frauthjknt m7nipularion of the knanc41 statements lindu¢Jng the risk
ol override of contro151, and deterwAr￿d that the principal risks were related to improper reco8nitv)n of revenve and marbagement
bias in cenain accounting e5tim3tes and judgu￿ts. Aui&t wxedwe5 puforrned by the engagement team included..
Inspecting correspondenee reguPdrors and auth￿rtIe% incluthng the outromes of in$peuions",
Discussions ￿ manageM￿t incluthnz consideration of or 5wected irh5tances of n¢)n<Or￿lIlTr¢e wlth and
reguhtions and fraud..
Evaluating managemenf's con(rol¥ de￿ITred to preventand detett TreBu￿rill￿￿. I1kntsfy￿13Trd test￿4 iournal entrie5, Using
data aThatytics to focus on h￿er risk entries.. and
Challengingassumpt#)ns and judgements made by Mar#g￿t in tt*ir accounimg estym•tes and chalkngtof the underlyin8
assurnpuor
Becau$e of the inherent Ilmitations of an au¢fiL there is a rtsk that W￿ will not detect al irregularitie& including tho$e leadirbg to a
material misststemenr rn the fmanc41 sts*ments or noT￿COMp￿nce with regulath)n. Thi5 risk increases the more that compliance
with a law or reguF•von is remolrtd from the e4ents and tr*ns*ctions reftected in the financial statements. as we wlll be kn likely
to betoTr* awdre of Mi$tsnees ol non•CoMp￿tn¢l The risk is akn grearer regardl￿ irregul¥ilies occurring the ro fraud rather than
e￿Or. as fraud invofve5 intentional concealmenL for¥ery. colusion. onmssth or m1$repre￿￿tpJn.
A ￿rther dexripti¢)n of our re5ponsit41iw for the a￿lit ol the financial 5tsternents 15 hxated on the F￿ancya1 Reporting Council's
Usé of our r•port
Th1$ report 15 made soiety to the Chari￿$ mist¢es. as a W, in accordance Wbth secrion 144 of the Charirle$ Att 2011 and
regulations made under section l 54 01 that ACL Our audit work been undErtaken so thatwe mwht sute ro the charity'5 trusiee5
those matrers we are requlred to stste to them in arb Auditor'5 report and for no other purpose. To the lUI￿SE extent permitted by
law, we do not accept or assume responsib￿￿ to anyone other than the chaity's trustees a5 a boty for our au¢tht work for this
reporL or for the opinKJns we have forn)ed.
LLf
Haysmac LLP
Stawtory Auditors
Date..
10 Queen Streer Aèce
London
EC4R IAG
1811212025
Haysmac LLP is eli&'ble to att as an auditty in of 5ecDon 1212 of thè Companiès kn 2006

HIGHGATE SCHOOL
CONSOLIOATED STATEMENT OF FINANCIAL ACnVmES
FOR THE YEAR ENDED 31 JULY 2025
Tottl
2024
Funds
Funds
2•15
INCOME FROM..
School fees rece￿al￿*
Other ethratk?nal income
kntilary ty3thn8 ￿COme
Trading company
Invemnet)ts
Bank and other interest
InVestm￿l incom¢
Voluntary sour<
Donations
4$J60,￿l
614.239
114&348
543.
4%360,￿1
614.239
114&348
543,
45.951.￿1
n7.083
1106,287
Is￿106
&118
429
19,137
1587.037
43546
U17,598
41532
18.291
34.960
1484,59n
1449.637)
55,560
Tgtsl lftcorn¢
51.294.252
146S.0311
18,693
50.847.914
sI,4L￿.861
EXPENDITURE ON:
Fundrais￿1 and
Finanre c05¢S
Tradiog compary
215.993
1.774.1)Xl
265.461
215.993
1.774.0
265.461
161667
1.774.IKJO
School operating Cos
So￿21223
654243
9.497
SO.684.963
47,874,263
SZ27&677
654.243
9.497
51940.417 49010.930
INCOME
(9814251
(1.119.274)
9.196
S7.m
091503)
57.773
1,589,931
161976
Gaihs on investment a53etS
Transfers between knds
14
981425
19ll425)
Nét movement In fvnds
1*1415) 11.119.274)
66.969
034.7301
1.751907
Balance$ 1*4)ught krward
at l AUS￿ 2024
50.254531
1564.102 29.447JéO
81265.993
80.513,086
Balances orr*d forward
at 31 luty 2025
£49.2n106
£1.444.828 £29314.329
£80,231.263 (81265.993
l amounts dwi¥e from acti+its
JI rdins and k*ses reC￿￿d in the year¥e MKkKled in the off•w*iil actyri
Full ¢omyr4tè4e figwes for the >*ar ended 31 2024 ￿ 5hty*n in note l&
The aCCo￿nYW¥ I￿te$ are an ￿te￿Il ol thi5 Statemè
24

HIGHGATE SCHOOL
CONSOLIDATED 8ALANCE SHEET
AS AT JI JULY 2025
2025
2024
FIXED ASSETS
Tan8ible a55ets
9&640.948
1.954.143
100.977,249
1,869.245
100.595.091
101846,494
CURRENT ASSETS
Stock
Debtors
Cash at bank and in hand
45.845
20.691.817
59.489.171
53.957
1969.224
60.843.181
10
80,22A833
63,866.362
CURRENT LIABILITIES
Creditors- due within one year
(31553.4891
{1&057.900)
NET CURRENT ASSETS
47.673.3H
47,808.462
TOTAL ASSETS LESS CURRENr
LIABILITIES
14826&435
150.654.956
Creditors- due afttr one year
(68.037.In
(68,388,963)
TOTAL NET ASSETS
£￿.231.263
£82.265.993
Represented br.
ENDOWMENT FUNDS
12
29.514.329
29,447,360
RESTRICTED FUNDS
13
1.444.828
1564.102
UNAESTRICTED FUNDS
De5igna¢ed and 8￿¥11 fw
14
49.271106
SO,254.531
TOTAL FUNDS
£80.231.263
£81265.993
The finanaal statements were aFrfmts4 and audKYi5wJ fvx iswe by the Go¥en¥ng Body on 25 November 2025 and wwe
Si￿e￿ below on its beha¥ br.
RM ROTHENBERG MBE BA FCA CTA
Chalrman
H LEWIS MEng(Oxon) MBA
Treasurer
The acrnrn￿nY1n8 no¢es are an integral part ol this ￿aftee shÈ

HIGHGATE SCHOOL
CHAIUTY BALANCE SHEET
AS AT 31 JULY 2025
2025
2024
FIXED ASSETS
Tangible assets
Investments
98.640.948
1.954.144
100.9TI.249
1.869,245
ICQ,595,092
101846.494
CURRENT ASSETS
Stock
Debtors
Cash at bank and in hand
45.845
20.66S.151
59.27A635
53.957
1969.224
60,843.181
10
79.987.631
63,866,362
CURRENT LIABILITIES
Creditors- due within one year
{3Z537.9S9}
(16.057.900)
NET CURRENT ASSETS
47.449.6n
47,808,462
TOTAL ASSETS LESS CURRENT
LIABILITIES
Iq044,764
150.654.956
Creditors- due after one year
(68.037.In)
IW388,9631
TOTAL NET ASSETS
£80.007,S92
£82,265.993
Ryttented by:
ENDOWMENT FUNDS
12
29.514.329
29,447,360
RESTRICTED FUNDS
13
1,444,828
2.5(A.102
UNRESTRICTED FUNDS
Designated ind g￿erdI funds
14
49.1)4&435
50,254,S31
TOTAL FUNDS
£80,007,592
£82.265.993
The ffinancial s¢atenRnts wwe approved and th5ed for IS￿ by the Gowi¥ng Body on 25 November 2025 and were
Signed below on its behalf by..
RM ROTHENBERG MBE
Chairnian
AcfA
H LEWIS mETh￿0x0￿) MBA
Tr•a5ur•r
The accompanying note5 are an intewal part ol thi5 bthnce sh
26

HIGHGATE SCHOOL
CONSOLIDATED CASH FLOW STATEMENr
FOR THE YEAR ENDED 31 JULY 2025
2025
21124
RECONCILIATION OF NÉT INCOME TO
NET CASH
FLOW FROM OPERATING ACTIVITIES
Net income
IGainsllLoss on Investsw
Depreoauon
Interest paid
Interest and dNidends reee¥¥at4e
Decrease ¥1 stock
{In¢rea$ell detrease in debtor5
lrtcrease in creditors
034.7301
IS7.7731
1983.968
1.774,C
(1630.5831
&112
(I S.005.813)
19.167.516
1.752,907
(161976)
3.001.458
1.774.000
IZ560.130)
3.416
1.450.686
1217.268
Net ush flow from op¢ratini •ctyvitles
4.204.697
7.47&629
CASH FLOWS FROM INVESTING
ACTIVITIES
Purchase of fixed assws
Proceeds from sale ol investments
Purthase of Investments
Decrease In investment cash
Interest and dividends re¢tivEd
13.364,447)
297.838
(329.248)
(6SO.783}
94&813
(978.095)
5.202
1560,130
1630.583
Net c•sh (used Sny proTAdtd by innsting
arth7ltl•s
1760,989)
1.883.267
CASH FLOWS FROM FINANCING
ACTIVITIES
In¢west paid
{l.774.(￿l)
(1.774.OCQ)
Net cash ￿•d In Inv•stln8 *Ctlvltl
{1.774.0￿)
{1.774.0001
Advanc• f••$
New co1￿0$￿10￿ Fees
Comp)Sbtyon Fee5 Amounts utilwj
434.3KI
(3.45&098)
8.283.243
(l.S83.114)
{3.023.7181
6.700.129
CHANGE IN CASH AND CASH
EQUIVALENTS IN
THE REPORTING PERIOD
1{1.354.010)
£14.28&025
Cash and cash equinlents at bes￿ning of period
Cash and tash tqUiY71ents at end of repo￿8 pernd
60.843.181
59.489,171
46.557,156
60,843.181
ANALYSIS OF CHANGES IN NET DEBT
At l Auyrt 2024 C•shfiows At 31 July 2025
Cash an¢J cash equTralents
Cash at bank
Ad¥ance fees
Borrowings
Debr due one year
Debt due after or* year
60.843,181
(10.753.248)
(1.354.010} 59.489,171
3.023.718
17,729,530)
(60.0o0.Of￿)
160,CQo,O¢￿l
{9.910,067)
1.669.708
(8.240.359)
27

HIGHGATE SCHOOL
STATEMENT OF AccouKnNG POLICIES FOR THE YEAR ENDED 31 JULY 202S
ACCOUNTING POLICIES
General Informati¢)n
Statsment of Compliance
The financial ststetr￿nts have beffi FttF4red in accordance with the financial Re￿)rtIng Scandard applicable
in the UK and Republic ol Ireland (FR5102). the Companies Aa 2006 and the Sratement of Recommended
Prattice applicable to charities preparing their accounts in accordantt with the Financial ReFQrting Standard
applicable in the UK and Republic of Ireland (FRS 102) - Second edition effectrye l January 2019.
The accounts are drdvm up on the historical cott b￿1$ of accountin& as modrfied by the rewaluation of
investments and rey￿U3(10n of land and buildin
The Consolidated Statement Of Rnanaal Acriwfies (SOFA) and Consolidated Balance Sheet coftsolidatr the
financial starew£nts of the Chari¢y and 1¢$ S￿￿d￿ry undertaking. The results of the Subs￿rary are
consolidated on a linevby-line basis.
Having wewed the fvnding faalities ardilable to the School together with the expected ongoing demand for
plaw and the School's future projected cash flow& the Governors have a reasonable expettation that t
School has adequate resources to continue rts acuvities fcf the fores*ble future and consider that there
were no material uncenainties over the School's financi￿ viaixlity.
The likely financial challenp on the horizon has also been provisionally a$￿Sed by the Gcwernors and. by
reviewing the charity's On￿ng activtties. its forecasts. miugations to rrranage incomelexpenditure and risks
the organisation remains financially Viab￿ Govern￿ will continue to monitor these c105ely.
Governors, monitoring of perforniance and wdlbeing indicate that overall there has been no signifThnt impact
on our activities that cannot be nunaged. A detailed updated financHI forecast has been prepared and
considered to assess the imF4tt of the financial challenge5 on the horizon: Governors have a reasonable
expectation that the School has adequate resources to continue for the foreseeaE4e future. A5 a result of the
priwa￿ placemenL any significant thange is likdy to impacc on the pace of delivertng the capital progrdmme.
Accordingly, they also continue to adopt the ￿Nn8 concern basis in preparing the financial statwnents.
The khool 15 a Public Benefit Entity registered as a d*riry in En*nd and Wales (charity number. 312765).
Critical accounting judgements and key sources of estimation uncertainty
In the applicaoon of the atcounting ￿lIcies. Govern￿ are requireAJ to make judgement& estimates, and
assumption5 #b¢￿t the carrying value of assets and liabilities that are not readity apparent from other 50urce5.
The estimates and undertying aswmptions are based on historical experience and other facu)r5 that are
considered to be relevanL Actual results nAy drfler from these es¢imat
The estimates and Unded￿n% assumpt￿15 are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in vthich the estimate is revised if the revision affeccs only that period.
or in the period of the revision and future periods rf the revision affected current and future period5.
In the wew ofthe tru5tee5, the depreoation rates charged are the Governors best esrimate ofu5eful economic
life for the assx and changes could ￿Ult in a material adjustment of the carrying amount in subsequent
year& The Schod prowdes for bad detrts which indudes a judgement on recoverdbility and 15 reassessed
annually.

HIGHGATE SCHOOL
STATEMENT OF ACCOU•￿ING POLICIES FOR THE YEAR ENDED J I JULY 202$
ACCOUNTING POUCIES (continued)
The following accounting policw have been a￿led C<￿$1￿￿Y in dealing wtth It￿n5 vthich are considered
matrrial in relation to sch(￿.5 financial ststemenrs.
Fees arbd 5irnilar earned income
Fees receiydble arh4 charges for services and use of preThMse& le55 any alk)wances, scholarships, bursaries
gt7nted by the School yinst those fee& but induding contribu￿$ received from restricred funds. are
accounted for in the pwicMI in N*thich the service is pmwded.
Bank and interest income
Income from cash de￿$Its and bank bAlances is accounted for on an accruals basis.
Investment income
Investrnent incorne from dividends and f￿e￿I interest securi¢ies is accounted for on an accruals basis.
Donations. lepci•s grants and other voluntary incowoj
Voluntary income is accounted for as and when enti¢knrent aris< the anN)unt can be reliably quanttfied and
the economic benefitto the School is considered protrable. This particularly impacts on accoLJntingfor pledges
where the School is notified of income during a finantial year but the income ￿11 not actually be received
until a later accounring year. Such income is reL0gnIs￿ upon confirniauon of entitlement where 1¢ is probabbe
chat the income will ukimatdy be received (not on receipt>. The detail of plèjges 'previously recognised,
(pledges recognised in earlier years. Accounts that had not receNed by 31 ju￿ 2024) and 'pledges carried
forvrdrd. (a combination of (a) pledge5 'Pre￿OuSlY recognised. that had still not been received by 31 July 2025,
(b) new pledges made but not re￿Ved during the period l August 2024 to 31 July 202S and (c) any changes
to pledges 'previt)usly recognised. where it 1$ no longer yotrAble that the irKome will ultimately be received)
is set out in Note 3b.
Volunrary inccrfne for the School's general Pury￿seS is aCCoun￿d for as unreStr￿ted and is credt¢ed to the
Generdl Reserve. Where the donor or an appeal has imposed trust law ￿$trIc￿0n￿ voluntary income is
credited to the relevant restric￿ fund.
xp¢nditure
ExpendirJ)re is accrued as %)on as a Irability is considered probable. discountd to present value for longer-
term liai¥lityes. Expendirure attrityjtsble to mre than one cost category in the Statement of Financial
Activities is apportioned to them on the basis of the esumated amount attrI￿rable to each actyvity in the
year, eicher by reference to 5¢aff or the use made of the undtrtying assets. as appropriate. Irrecoverable
VAT is included v￿th the i￿rn of expwdi¢ure to which ir rekates.
Governan￿ costs comprtse the costs of running the thariw. induding strdtegic planning for its future
developmen¢ external audi¢ any le8al athice for the Schools Governors. and all the tosts of complying with
con5Citutional and statutory requirement& such as costs of Board and Committee meetings and of preparing
statutory accounts and 5ausfy'n8 public accounobility.
29

HIGHGATE SCHOOL
STATEMENT OF ACCOUNTING POLICIES FOR THE YEAR ENDED J I JULY 2025
ACCOUNTING POLICIES (continu¢d)
Tangibl¢ fixed assets
Tangible assets are indvded at their net book value at the year4nd.
Expenditure on the atqUi5ioon. construthon or enhan￿ment of land and buildings ofa captsl nature together
with vehicles furn•ture, machinery. ICT infrastnthre and other eqUiP￿￿nt of a capital nature are capitalised
and trdrried in the bafrance sheet at historical C05L
Other expendicure on eW1FM)￿ftt incurred in the norn)al day-to4ay running of the School is charged to the
Statement of Finanaal Activities as incurred. Individ￿1 I￿rn5 cosring ￿5 than £ 1,000 are normally written
off as an expense in acquisition.
Depreciation is provided to write off the cosc of all relennt tangible fixed asser5 less e5¢imated residual value
Lqsed on current market wi￿. in equal annual insralments from comment￿¢ of the proiett over their
Freehold Prop
Furniture and EquIpTh￿r
- Furniture, EquiFxnent arKI
- Motor Vehicles
- 2% of caryng value
- 2-10% or IO% on cost
. 20% on cost
Included in freehold pro[￿r￿ are resrdentNI Frywcies oY*neJJ by the Sthool that are let on a short-temi
basis, and subject to short notice The properties are held at cost and were acquired in line with the
School's Continu*￿ deve1c￿nt srrategx and as suth are treated as Qwdtional propwry WKI not investment
Investments
Listed investments are walued at marke¢ value as at the balance sheet dat¢ Unrealised gains and losses arising
on the rerdluation of investments are credited or chrg&4 to the Statement of Financial Activities and are
allocated to the approwiate Fund according to the"Own￿lp" of the undtrtying assets.
Stock represents goods for resale and is Y￿ued at the lower of cost and nec realisable Yalue.
Amounts received the Sthool'5 Advan￿ Fee sch￿ contrnt￿ kn educarion not yet utilised w setde
school fees. are recorded as Ad¥7nce Fees in creditors and allocated as current liabilities vthere the educauon
will be provided within 12-months from the reporting d*e and as *tem) liabilities thre the educalion
will be prowded in suwuent yeark
Fund accountin8
The charitaL4e trus¢ fvnds of the Schod are attounted for as unrestricted or restritta income in accordance
with the ternis of trust imFosed by the dor￿ or any a￿￿ to vthich they may have responded.
30

HIGHGATE SCHOOL
STATEMENT OF ACCOUNTING POLICIES FOR TrIE YEAR ENDED 31 JULY 2025
ACCOUNTING POLICIES (continued)
Funds
The School maintains four rypes of fund:
{a) Endovfftnt- v*here the capird is held in perpetsjity and income generated used for Charitab￿ purpose5
expenditure.
(b) Restricted - where the purposes for T*thich funds may be used have been restricted by donors:
(cl Designated-vh*re the funds ¥e unrestricted v*l)exe the Trustees have designated them for a specific
purFQSe:
(d) Ger￿1 - where the funds are Unrestri￿ and not desig￿ted.
Endowment Funds
The original land and EMJildings of the Schcd are subj.ett to a permanent erthwmenL The Endowment Fund
refiecrs the reEased cox of assets princiFdly constituting the rna￿ Island Sit4 followirig engagement with the
Charity Commission. as at 31 Juty 2016.
The Sinking Fund re￿esents recoupmert of the pnxeeds on dwosal of endowment propwty.
The Prize Fund consists of a number of individ￿1 funds set up by donors for the provision of prizes.
Restricted Fund5
The Library Fund exists to wovide books and equIpTh￿t for the School library.
Designated Funds
The building reserve represents fvnds generated from appeals and tran5fer5 from unrestricted funds. The
resvve rell￿ts that part of the School's Unrestric￿ fijnds which relates to property.
Pension costs
Retyrement benefrts ¢0 employees of the School are provided through pension schemes. The penston
costs charged in the Ststement of Financial Acrivities are deterniFned a5 follow
(a) The Teachers. Pension Schwne - This $then￿ is a multi*mpbytr pension schem& It is not possible to
identify the School's share of the underlying assets and IAlx'lities of the Teachers. Pension Scheme on
consisont and wsonatAe t*sis and therefoo as required by FRS102. accounts for the scheme as if ir
were a defined contribution scheme. The sc￿￿1's contribution& whKh are in accordance with the
retommendations of the Governmwrt Arn￿ry. are d￿r8ed in the period in wh￿h the salaries to vthich
they rela￿ are payalAe:
(b)The ISPEN is a multi-wnF4oyw deffined beneffit scheff£. The assets of the scheme are held independently
from those of Highgate School in an irthFendently administered fijnd. The costs recognised during the
year relate to the movement in the year end liabiliry. which is disck>5ed in more derail in NO￿ I l and 17:
(c) Other pension costs are charged in the accounts br defined contribution sthen)es and represent the
contribuuons PIYa￿e by the School during the year.
31

HIGHGATE SCHOOL
STATEMENT OF ACCOUNTING POLICIES FOR THE YEAR ENDED 31 JULY 2025
ACCOUNTING POLICIES (continu￿)
Opernting leases
Rentals under operating leasu are charged on a stra￿¢4ine basis over the lease even rf the payments
are not made on such a basis. Bwefts re￿Ved and recewdble as an incentive to sign an operating lease are
similarly spread on a stra￿¢41￿e basis over the lease term.
Financial instrurn¢nts
Basic financial instruments are initialty recogrbised attran5action Yalue and subwuently measured at amortised
v•ith rhe exception of investments wthich are held athir Yalu& Financkl assets held at amortised cost comprise
cash at bank and in hand, together trdde and other debtors. A speafic provision is made for debt5 for
vthich recoverability is in doubL Cash at bank and in hand is defined as all cash held in instsnt access bank
accounts and used a5 working capital. Financial IralMli¢ies held ar amortised cost comprise all crediwrs except
social security and t)ther taxes and pro¥ision&
Credit(￿5 and provisions
Creditors and provi￿OnS are recognised vthere the charity has a present obl1￿￿on resulting from a past event
that will probably result in the transfer of funds to a third parry and the amount due to 5etde the obligation
can be measured or estimared relrably. Credi¢cn and provisions are normalty recognised at their settlement
amount after allowing for any trade discounts du
Debtors
Trdde and other debrors are reco￿lSed at the 5etdth￿nt amc¥Jnt due af￿ any trdde discount offered and
Tret of a provision for bad debts. Prepayments are ￿alUed at the amount prepaid net of any trade discounts
due.
Cash at bank and in hand
Cash at bank and cash in PAnd indude5 cash and short twm liquid investments wth a short maturiry of
three months or less from the date of acquisition or opening of the dwsit or &miLar account.
32

HIGHGATE SCHOOL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2025
FEES
2025
2024
Fees rec*vable C￿51$¢ ofr.
Tuition fees
Music fees
47.235.215
807.747
48,00&835
741.102
48,041962
{421,S69)
48.749.937
(435.065}
Less: Allowancès
LÈSS.. Bursaries lunded from Unrestric￿ funds
Less." Bursaries fimded Irom restricted furwJ5
(i.n5.177)
(494.749)
{1,704,691}
1612.453}
(1219.926>
140.566}
317.1441
{45,927)
Less.. Sctrtolarship5
£45.360.901
£45,951.801
Scholarship5. bursaries and othtr awards wtrè tol 17 pupils {2024: 120). Wrthin this means tes¢ed bursarles
totalling £Z293.358 were p*d to 103 PWNIS (2024: a317.144 to 107 wpdsl.
OTHER INCOME
202S
2024
Other ￿U¢*I)0naI charitable income
Entrance & revstrdtion fees
Lettings
Other •ducational intt•me
219.906
107.794
28&539
273.359
182.285
271.439
614.239
n7.083
Other ancillary artivities
Mallin59n Spons Centye
Other income
Rents
Educational visits
6th Form and Tuck knp income
659,511
556.840
3.000
863,384
658.291
24.7n
910.688
551.850
26,299
1148.348
2.106.287
761587
£2.833.370
2b. INCOME FROM TAAOING SUBSIDIARY
During the year. the related party transaction wth its subsKliary in respect of invoices received for legal and professional f¢es.
salary recharges and licence fee was £3S3,763.16 nét of VAT. A totsl of £78.568 remained ¢)utstanding and payable to the
School. As at 31" july 2025, thÈ nÈt asse¢s of the subsidiary wwe £223.671
2025
543,480
Turnov
Administrative experbses
Opernting profit
33

HIGHGATE SCHOOL
NOTE5 TO THE ACCOUNTS (contin￿d)
FOR THE YEAR ENDED 31 JULY 2025
Ja DONATIONS AND LEGACIES (2025)
2025
Restrrictyl Funds
Lknrestritted donatsor
(484.59n
{484.597)
34.960
34.960
£34.960
£(484.S97>
£{449.6371
DONATIONS AND LEGACIES (PRIOR YEAR)
2024
Restricted Funds
Unrestrtcted donations
17232
17.232
3&328
38.328
£3&328
£17.232
£55,560
3b. BREAKDOWN OF DONATIONS (se¢ ex￿ comments within ACCO￿ong Policies)
2025
2024
Pledges [yew￿Sly recoymsed
Donations received in-year
Pledges arried fward
{1.404.818)
565.121
390,060
{2,138.0691
788.811
1.404.818
Do￿tionS income
q449,637)
£55,S60
4& ANALYSIS OF EXPENDITURE
2025
2024
Net incc¥n
Audi¢ors' rem￿ention- audir lee5
Audirors. remuneratr<Jn- other services
Dyeciatio
H,000
49.220
7,944
3,001,458
2.983.968

HIGHGATE SCHOOL
NOTES TO THE ACCOUNTS (c¢)ndmu￿)
FOR THE YEAR ENDED 31 JULY 2025
4& ANALYSIS OF EXPENDITURE (continued)
Average
Staff
202S
Total
2025
ctivi
Teaching costs
Welfare
Premises
Grants ayrdrds and prizes
Support costs and governan
Pensitin dethci¢
Op•r•tlng Costs
418
71
28.067.202
1.525.842
1.899,260
3,369.951 31.437.153
1.456.664 2.982.506
3.736.590 8.619,818
10.848
10,848
1053.S33 5.499.638
2.135.￿0
1983.968 10.627,S86 50.684.963
1983.968
75
3.446.105
1135.(
37.073.409
Fundraising and De¥dopment
Trading costs
Finance costs
105.829
110,164
265.461
1.774.O¢XJ
215.993
265.461
1.774.000
610 £37.179.238
Q983.968 £11777,21 I £SZ940.417
The Pension Deficit rdaw ¢0 the cwe as set out in Note 17.
PRIOR YEAR
2024
Staff
2024
Teachint costs
Welfare
Pr¢mi
Grant& awards and prizes
Support costs and governance
Operating Costs
413
26.581760
1.410.5
1.759.243
3.971761 30,555.521
1.454.323
2,864.915
4.223.273
8.983.974
11198
11198
1506,229
5.457.655
3.001.458 11168.784 47,874,263
39
3.INJI.458
73
1951.426
31704.021
Fundrdising and Developmw
Finance costs
57.440
105.227
1,774.000
161667
1.774.000
588
31761.461
£3.001.458 £14.048,011 £49.810.930
35

HIGHGATE SCHOOL
NOTES TO THE ACCOUNTS (con¢inwd)
FOR THE YEAR ENDED 31 JULY 2025
GOVERNANCE INCLUDED IN SUPPORT COSTS
2025
2024
Remunwation pwd eo au¢knrs
audit str¥1
other seNce5
44.000
49.200
7.9H
299
£47.0
£S7.443
The SUFWI ¢0S¢S rdate to the charitable acty¥i¢y of running the Schod.
36

HIGHGATE SCHOOL
NOTES TO THE ACCOUNTS {continu•d)
FOR THE YEAR ENDED 31 JULY 20Z5
STAFF COSTS (indudin8 retstd party transactlons)
2025
2024
No.
The awa¥e number employed by the conwy within eath
ategory of pex%>ns
Teaching sraff
Support staff
418
192
413
175
610
Wap and 5aJaries
Sooal Security costs
Pension costs
Terniination payments
Pension deficit
25.696.129
3.039.730
6.299.279
9.1Th)
1135.C(#)
24.633,348
1728.591
5,391.039
8,483
£37.179.238
£3Z761.461
A%y*te emtAoyee of9 (2024: 9) key Ma￿e￿¢ ptrsonnel
253.134
£1.801.057
2025
2024
The wmber of hither paid •np14>ytts was".
Taxablè emolurnent5 band:
£60.000- £70.ff
£70.1)00- £80.(xx)
£80.fy)0- £90.
£90.fy)0- £ I00.fy)o
£ioo.000- £i10.o
£I10,000- £120,OC(J
£120,000- £130,OC(J
£150,000- £160,0¢)J
£160,000- £170.OCQ
£170.000- £180.OCQ
£180.000- £190.0
a i 0.000- £220.0
£220.000- £230.OC(J
É4(x).000- £410,0th)
É42¢AOOO- £43￿0c
52
so
18
14
47
14
170
147
* For this member of strff, emolurnem5 a contribution in lieu of emFloyer's pension con¢rIb￿l0n$. without
whKh would result in pay being in £350,￿￿60.(m￿j b￿￿.
Dwini the year the School oboined wthin rts gewdl insurarK4 prOfesw￿ indemnity and goNErnors liability
insuran¢e ¢¢)ver of £10,OOQ(MIO (2024: £10,000,0￿).
In addition 10 the remunerdDt)n the key management pwsonnel. the Sthool provides fee remission to stsff
typi￿1 of the independent Sector and accommodatson ¢0 staff who are wtided to accommodation by virtue of their
37

HIGHGATE SCHOOL
NOTES TO TrIE AccouNfs (continued)
FOR THE YEAR ENDED 31 JULY 2025
There were no travd èxpenses in reSp￿t of the Governing Wy {2024.. £299 for one member). There were travel
osts refunded co Threctors of HISL wtalling É5.786 {2024: £3.5fy) for one Director). Thrtt Governors Kdve a
¢otal of £30.IC(I ro the school during the Yw.
No Govérnors rrfeived any remunerntiw or benth other thin the eypen5es disdosed ai*)ve frryn the School or
any connected organiuuon. Therè are Governors during the year who have pupils at the School.. the arrangements
are M the $￿e basis as lor other parents at the school. Thtre wwe no rdated party tran5actyons dwing the year.
During the year. in addithon to the costs within the detsil on page 14 associated with the London Academy of
Excellence Tottsnham {￿). £ll)0.379 (2024.. £379.871) raised throL¢h Highgate's DeYelopn*nt tearn on behalf of
L4ET transterred to thwn accordin*. The Head. ￿r$ar and two Govemors from Highgate are governor5 at
TANGIBLE FIXED ASSETS
Freèhold Land Equipment
and Pernian•nt and Motor
Idin81
Vehicles
Totsl
COSTIVALUATION
At l Awst 2024
Additsons
Adju5fftnt
14&17&294
3.364.447
R71 &7W)
146.05&015
3.364,447
{2.716.7801
1120.279
A¢ 31 July 2025
148.825.961
14&705.682
2,120.279
DEPRECIATION
At l Augur 2024
Charge for the year
Disposals
47.201.045
1983.968
45.1 M695
1960.576
2.071350
23,392
At 31 July 2025
50,185.013
4&089.271
1095.742
NET BOOK VALUE
At 31 july 202S
£9&640.948
£98.616.411
£24,537
At 31 Juty 2024
£1 rAJ.977,249
£100.929.320
£47.929
The onpnal land and lyJldinz5 of the are subpct to a pernianerrt ffidowmenL See No* IZ
Depreaation calojlated on a historical b￿5 would be1tr4ver by £495.7(X) than the amount shown above (2024:
lower by £495.7(M)).

HIGHGATE SCHOOL
NOTES TO THE ACCOUNTS (continued>
FOR THE YEAR ENDED 31 JULY 2025
FixeD ASSET INVESTMENTS
Total
2024
Endowment
2025
Market value
At l Au8us¢ 2024
Additions
Disposals
Revaluatio
1,846.159
329.248
P92,733}
51668
1.846.159
329.248
(291733)
51668
1.651,901
978,095
(903,438}
119.601
1.935.342
1.935.342
1.846.159
Cash awaiting investmert
1&801
18.801
23,086
At 31 July 2025- Gro
£1,954,143
£1.954.143
£1.869.245
InvestmÈnt in 5ub5ithary
At 31 July 2025 - Charity
£1.954.144
Highgatesthool gwns all the sharecawtsl11 £1 ordinary strwe) of In¢errkty<)nal Sthools Limi¢ed IHtSL). incorporaod
in England and w￿e& rw's¢ered number 15791508 arml addrèss North RrAd Hithate. London N6 4AY. The subsidiary
promotes and hdps esuilish overseas sdwls and collw HISL has been a subsbdiary of Highpte since its
irKorporation on 20 June 2024.
STOCKS
2025
Group
202$
2024
Group
2024
Charity
Caterin& cleanin$ soiion
45.845
£45.845
£53.957
3,957
DEBTORS
2025
Group
2025
2024
Group
2024
Charity
1&06&627
1&068.627
7& 568
115317
1.554.394
1848.245
551109
552.109
Arno￿¢ due fr¢rn subythary
Loan5 ¢0 employees
Prepayments and attrued income
Other debtors
115.317
1354.394
1953.479
113,000
1061.099
243.016
113.LV)O
1061.099
243,016
£20.691.817
QO.665.151
£1969.224
£2.969.224
There has been a change in presentation fdlowing the introthaion of VAT reprding hi5t¢)rically the School
netted off forthconwng Miduelmas Tem lee debcors {invoiets issutd pr&yèar*nd for fees due p05t-year*ndl aDinst
the correspond￿n8 deferred irttsmt F* debt<>rs now rel1￿ invoices issued Wore yearwend. There is a
corresponding irnpact cffi defmd incorne in Crediws in Note I l& Indwjd on other d•btors are amoun¢5 of
£2.502.562 due after one year.
39

HIGHGATE SCHOOL
NOTES TO THE ACCOUNTS {c(Krtinued)
FOR THE YEAR ENDED JI JULY 2025
10. CASH AT BANKAND IN HAND
2025
Grnup
2025
2024
Group
2024
Charity
Bank deposlt and cwren¢ Kcounts
£59.489.171
£59.276.635
£60.843.181
£60.843.181
I l & CREDITORS
2025
Group
2025
Charity
2024
Group
2024
Charity
Due within one year
Fee deposits
Fees retsNed in athce
Advance Fees
Audit & accountsncy
Accruals and deferred income
Twtion and social securities
Other <yethrors
3.935.300
3.935.3LW)
3.206.800
4.468.335
3.757.285
44.000
4.016.121
3.20&800
4,46&335
3.757.285
1979.358
49.000
20.113.080
4.919.589
557.162
1979.358
20,113.080
4.919.589
54&632
4,01&121
565.359
565.359
31553.489
3U37.959
16.057.900
16,057,900
Due after one year
Advance Fees
Pension provision
Other Loans
4.750.In
3.287.0(Xl
4.750.In
3,287.0(Kl
6.995.963
1.393.fXJO
4995,963
1,393,000
68,037, In
6Q037.In
68.38&963
68.388.963
Total crediwrs
£I(￿,590.661
£ I ¢Xl.575.131
£84,44&863
£84.446.863
On the 24 July 2019. the School into a priydte plx•n*K for £61kn funthng paid to the Sth¢)ol in ¢kee
trarthes to assist in the financing of the Schod's Capi￿ prOgr￿Me. The first drawdown of £20m re￿Ived on
24 july 2019 wbth an incernst rnte of 3.OIX reppble on the 24 Swmber 2054. The 5ecoThJ draWd¢￿n totalling
£40m was received ￿ 24 Septtmber 2019. £10rn an in¢eresi ra￿ of 2.90% repayable on the 24 s￿￿mb
2044 and £30m with an interest ra* of 194% repaythe on 24 September 2049. For all three tranches the first
intere5¢ payment was made on 24 March 2021 will cononue at six4nonthly int￿$ thereafttr.
Ae 31 Juty the Schod had thp foll<Ywing conwnitsnw￿ ￿d￿ r￿M￿￿e￿IlbIe opeAting lew:
1025
2024
Leases exwring within l year
Leases expiring between 2- 5 ￿r$
Leases expiring greaw than 5 years
11347
8.￿7
14.504
16.655
20.354
£31.159

HIGHGATE SCHOOL
NOTES TO THE ACCOUNTS (Contin￿￿)
FOR THE YEAR ENDED 31 JULY 2025
I I b. ADVANCE FEES
The lees in adrdncè balan￿ relates to puwls whos• lees have been paid in afvanc& The advance fees will be
applied as follows..
2025
2024
After 5 years
Within 2 to 5 years
Within I to 2 years
343,229
1412.488
1,994,455
4c￿.489
3.556.875
3.038.599
4.750.172
1979.358
6.99S.963
3.757.285
Within l year
£7.729.530
£10.753.248
2025
The movwr*en¢s during the year on the accru￿ liability under the
contracts were:
Balance at l August 2024
New contrncrs
10,753,248
434.380
11,187.628
{3.458.0981
Amounrs u¢lised in PAYM￿¢ of lee&.
To the school
£7.729.530
41

HIGHGATE SCHOOL
NOTES TO THE ACCOUNTS (continu￿}
FOR THE YEAR ENDED 31 JULY 2025
ENDOWMENT FUNDS
Transf•rs
l August Net Inc(KT￿l Between Inv￿¢ment
2024
(•xpendityre) Funth
Gains1(1055es)
Balance at
31July
2025
Proptrty Fund
Sinking Fund
Prize Fund
Furnival jor￿ Fund
Arthur {&'ll) and Btryl Fidd
Memorial Bursary Fund
Zikel Music Fund
27.789.363
333.788
640.052
29.546
564.974
27.789.363
338,061
674,906
30.748
587.966
3.884
26.047
1.202
21992
a.￿7
89.637
93.285
£29.447.360
19,196
£57.773
£29.514,329
PRIOR YEAR (2024):
8alancÈ at
31Jyly
2024
l August Nrt incom& Between InvestmMbt
2023
{•xp•nditure)
Funds
gain￿10$$￿}
Property Fund
Sinkin¥ Fund
Prize Fund
Furnival lones Li￿ry
Arthur {&"Ill and W F￿ld
memryI￿ Bursary Fu￿j
Zikel Music Fund
27.789,363
3r￿.005
561,065
26.617
S￿962
27,789.363
333,788
640.052
29.546
564.974
33.402
61.746
1929
56,012
17,241
80.750
8.887
89.637
a9.26&762
£17.622
£162.976
£29.447.360
pe￿L￿￿'. Re[￿￿eTrts the net book ￿u* as a¢ 31 Jdy 2016 ofd* ￿dOWed property of the School. prinapal
Consu￿ting the main Island &
in
Represents the r￿t required UfKJ¥ a C14riy cC¥nmi￿IOn sthemt on the uulisation of
endowed lunds in earlier years which wired ijb 2021
utilised for awants ro w￿1$.
income arising Lrtilised for the li￿.
al￿￿ estat41sh￿ Irom t*thich inc¢)me 15 to provide bursarial
assistancè at thè discretion of Governors.
ZikgL￿￿￿.. A fLwvJ eSta￿l$hed frw whith the incom• be Use￿ for ar towards music tuivon (including the hire
of the ass¢xiated ins¢rumen¢} for a PrOnNsi￿ pupil entering the sdb)ol who would not othernise be able ¢0 afford
the c05t ol such tuivorL
42

HIGHGATE SCHOOL
NOTES TO THE ACCOUNTS {continutd)
FOR THE YEAR ENDED 31 JULY 2025
13. RESTRICTED FUNDS
Transfè
at I Au8lHt Net Incon￿ Between In¥￿tment
2024
(expendl￿rn) Fund5
gainsl(10s9•9)
Balanc•
at31 July
2025
Furnival Jone$ Lilxary Fw
Outreach Project
Robin Barnard Bequttt
Bursary Fund
LAET
Diytal Acc*ss
Open Door
Arthur (&'lll and Beryl Fidd
Memorial Bw5ary Fund
Hardship Fund
Other Funds
Buildings Fund
Refugee Fund
5.370
845
1837
6.215
67.485
29,750
957.575
98,599
29.750
1020.575
175.882
13.711
54.431
89.287
11.063.0￿)
(77,2831
54,431
105.444
1&157
74.579
11,393
1.250
23.226
74.579
12,563
1.250
23.226
1.170
11564.102
ql.119.274)
£1.444.828
PRIOR YEAR (2024):
Balancè
at31 July
2024
at l Au8USt Net inc¢M￿ Between Investment
2023
(expendityre)
Funds
8ainsl(losses)
Furniydl Jone5 Li￿ary FUTh
Outreach Projett
Robin Barnard Bequest
Bursary Fund
4.552
67.884
29.750
1701275
I￿036
2&651
54.431
73.647
818
(3,236)
5.370
29.7SO
2.020,575
175.882
(68],7￿))
190.156)
(14.940)
Diwtsl AccÈss
Open Door
Arthur {&ll} and Bwyl F￿d
memori￿ Bursary Fund
Hardship Fund
Other Funds
Buildings Fund
Re￿¢ Fund
54.431
89.287
15,640
74.579
11.393
201.250
31962
74.579
11.393
.250
23.226
poo,w))
(9.736)
.547.412
£{983.310)
£1564.102
tswF￿nd.. donaDons rec*ved towards the imwoVem￿ in library knliues a¢ H￿rate School.
In
0LBAr￿. for the benefit of pupils wishing to pursue careers in medione or science.
Ru[sarL￿. dO￿on$ rec*ved from lundrrising ro be used to lund future bursaries at the khool.
. donations reces¥ed for the purposes described in the fund
name.
QpoLQoor: donation received to encourage pupds in their exPlArMti￿ ty understanrfi￿ of the Chrisuan faKh.
see Note 11
aL￿£￿.. dorrdoons receb¥ed to clwldrem at our partrw sd￿$ who have liule or no a¢¢ess to a ¢omputer.
LaEL' A hjnd follown¥ a Ga￿ e¥tht and other doftations thr￿ the ytar to AiSe rr*)ney for London Academy of
Excellence Tottenham {L4En.
43

HIGHGATE SCHOOL
NOTES TO THE ACCOUKts (Contin1￿d)
FOR THE YEAR ENDED 31 JULY 2025
13. RESTRICTED FUNDS (coiitinu¢dl
donations ret￿yed to hdp families twho are 5trug%ling ¢0 pay fees due ￿ unforeseen circumstsnces.
QthLr' donations ret￿Yed for CCF and
il ,' . ds)nation5 received to hdp dèvelop the ￿l￿alWa1￿1C of the school.
14. UNRESTRICTED FUNDS
Balancè at
I AUg￿t Net incom•1
2024
(ewnditure) fi￿d$
Tranrf¢rs
Investrn￿t
gainsl
(105ses)
8alan¢o at
31 July
2025
opwry Fund
50.254.531
{1.206.096)
49.048.435
Revenue Reserve
{1.206,096)
1.206.096
TOTAL
£50,254.531
qI.20&096)
£49.048.435
CONSOLIDATED
l August N¢t irKomel
1024 (expeThdi￿re)
between
funds
gains1
(losses)
31July
2025
Propery Fund
So.254￿31
{981425)
49.272,106
Revenue ReseThe
(981425)
981425
TOTAL
£50.254.531
q981425)
149.272.106
PRIOR YEAR (2024):
Transf•rs InThwtmert Balancg at
8ainsl
(losses)
31 Juty
2024
2023
(•xpendltswt)
Funds
Properry Fund
47.69&912
1555.619
50.254.531
1555.619
(1555.6191
TOTAL
£47.698.912
£1555.619
£50.254.531
The Propery Fund rdects the net book ￿ue of unrestrictèj Axgj asse¢s the prtteeds of asset

HIGHGATE SCHOOL
NOTES TO THE ACCOUNTS (continu•d)
FOR THE YEAR ENDED 31 JULY 2025
1 S. ANALYSIS OF THE NET ASSETS BEfwEEN FUNDS
Net Curr•nt
Assets l*is
InV•$trn￿ts Liabillties
Fix
LoTrg tsrm
Llabiliti¢S
Total
Endowment Funds
ReStric￿d Funds
Unrtstritted .
General
Dewgnated
27.789.363
1,954.143
(229.17T)
1.444.828
29.514.329
1.4M,828
70.851385
46.457.693
(68,037, In)
49.271106
£1.954.143
£47.673.344 £(68,037.172)
£80.231.263
PRIOR YEAR (2024):
Net Curr•nt
Assets less
Liabilitios
Fixed
Assets
Long term
Liabilities
Investments
Tot*1
Endowment fijnds
Restritted
Unrestricted .
General
Designated
27.789.363
1.869.245
(211,248)
1564.102
29.447.360
1564.102
n.187.886
45.455.
{68.388.963)
50.2S4,531
£100.977.249
£1.869.245
£47.808,462 £{6&388.963}
£82.265.993
16. CAPITAL COMMITMENTS
2025
2024
£2,287,360
3.233.985
17. PENSION COMMITMENTS
Teochers. Pertsi￿ Stheme
The School participate5 in the Teathws. P￿510￿ Scheme r'the Trs.) for rts teathing staff. The pension chaty lor the
year includes con¢ribuuons payable to the Trs of £4.394.655 (2024: £3,925.119) and a¢ the Year￿ £Nil12024- £Nill
was accrued in respett of contrilyjtions to this schem
The TFS bs an unfunded Mul￿ defined wsion scheme g0ven￿d by Thè Teathers. Pensions
Regulauons 2010 (as am￿ded) and The Teathers. Pension Scheme Regulations 2014 (as amended). Members
tribu* on a .￿Y as you go" basis with contributions from members and the employ¥ being credited to the
Exthequer. Retir￿￿n¢ and other Pensi¢￿ are pid by publi¢ f￿d$ provided by ParliamenL
The èmployer contriknion Ate is set by the Secre¢ary of Sfate folowin8 scheme Ydluations undertsk￿ by the
GOvernmen¢Att￿ry.S DePartrn￿L The most reCen[act￿nal valuation of the TPS was prepared as at 31 March 2020
and the V￿UatiOn Report was publisl*d in Octobw 2023. The Valuafitin Rew¢ shows nouonal assets of £2212 bn
and liabilities of £262 M resLdong in a scheme deficrt of £39.8 bn.
45

HIGHGATE SCHOOL
NOTES TO THE ACCOUNTS (continued)
FOR THE YEAR ENDED 31 JULY 2025
17. PENSION COMMITMENTS (continued)
The wnployer Contr￿￿tIOn rate for the TPS is 2&6& arkl employtrs are also required to pay a $th￿￿* administrdtion
levy of 0.08% giving a toral awoyer ¢<)ntributi￿ rate 0128.6
With effect Irom l Dec￿ 2021 Supporr Soff havè offered membership of th• Aviva Pension Trust for
lThlependent Sdwls IAPTISI. a defined contribuo<>n w5ion sth￿￿. At the year end the balance was £Nil
Prior to that dat< ￿PpOrt Soff wert to join the In￿P￿￿knt School's Pension khewe IISPEN). ISPEN is a mul¢i-
employer defined bendt xheme. The last formal ￿l￿￿on of the 5theme was pthrmed as at 30 September 2023.
This actuarial wdluation was cerrified on I l DeceNthr 2024 and sh¢)wed assets of (99.21￿ liabilitie5 of £151.5m and a
defi¢i¢ of £52.3m. To diminate this f￿d￿r¢ ShOrt￿l the trust￿ and the parncipting employws have agreed tha¢
addi¢ional contributions Mll be paid in lirte T+￿ th￿reStiMated shareofthè sd*me liabilrue% of £6.0 million per annum
from I Sept•nber 2022 to 30 June 2032.
As atyéar-end the amoun¢s reco8nis•d wthin creditor5 in linewith therepa>yn•)tsche&J￿for thedefficltc0ntrib￿ions
arè noted within No¢e I l. These balances are 1460.1￿12024: £219.fYXI) in le55 than one year and £3,287.0
12024: £1.393.000 due in more than ¢)ne year).
Thtre is a potential delx on the employtr that could be levied by the Trustees of the scheme. The deb¢ is due in the
èvent ol the employer (V4￿n8 to parriopat• in the scheme or the Scheme winding up. Htste khool has bee
tified by the Pensions Trusc of the estimited ernployw debt on withth7wal from the Independen¢ Schools. Pension
Scheme based on the finanoal position of the sdhwne as a¢ 30 September 2024. As of this date the estimawj empl¢)yèr
debt was £7.143.997. As in prior years and best praaice. this amounr is not wovidÈd for in the accounts as Ihe School
IHS not lully withdrawn from the sdv
RECONCILIAT￿ OF 0￿ING AND CLOSING PROVISIONS
Pwiod Ending
31 Juty 2025
i£cthi
Period Endlng
31 july 2024
I£OOOs)
Prnwsion at Stsrt ofperiod
1.612
1.674
UmvindlnK ofthe th5crMJnt knor (interest &¥pwl
70
Deficit contr*ution
(2191
12131
(91
61
1293
Provision at end of period
3.747
Ih12

HIGHGATE SCHOOL
NOTES TO THE ACCOUNTS (<ontin4Md)
FOR THE YEAR ENOED 31 JULY 2025
18. CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
COMPARATIVE FIGURES BY FUND
Furn
FuTrds
Funds
2023
INCOME FROM:
School fees rece￿able
Other e&Jcai•)nal ￿(ome
Ancdlary trathng income
45.951XII
n7.(
IIC*.287
45.95IMIl
n7.083
1106.287
B•nk aDd rrther interest
Inve5tmert income
Voluntary sources
1516.962
333
IW7
303
17J19
1517.598
41532
38.328
17.J2
55.$60
Totoj Inc¢w*e
51,347.067
3&1n
17.622
51.400,861
PENDITURE ON:
Roliiry fvn
hJndrgi5ing aThJ de¥ebww¢
nan¢¢ costs
161667
1.774.Q¢XI
161667
1.774.11(KJ
Cho17toble octlbltles
khool Operat￿ costs
4W4.781
I￿19.482
47M74.263
Totol expÈndltw
4&791,448
IM19.482
49AIO.930
NET INCOME
1555,619
(983.3101
17.622
1.589.931
GaIr￿ on investment ￿ets
Trdnsfers brtwe• knds
162.976
161976
14
11555.619)
1555.619
Net move￿¢ in *Jnd5
1555.619
1983.3101
180398
1.752,907
Balance5 brO￿￿E fon¥ard
at l Awt 2023
47.69&912
3347.412 29.264762
80.513.086
at 31 Juty 2024
£50.254.531
£Z564.102 Q9.447.360
1265,993
47