2025-08-31-accounts

Legalandadministrativedetails	1
Trustee’sreport	3
independentauditors’report	9
Statementoffinancialactivities	12
Balancesheet	13
Cashflowstatement	14
Notestothefinancialstatements	15

				Permanent	Total		Total
		Unrestricted	Restricted	Endowment	Funds		Funds
		Funds	Funds	Funds	2025		2024
							*Restated
	Note	£	£	£	£		£
Incomeandendowmentsfrom:
DonationsfromtheTrustee		-	-	-	-		33,813
Investments:
Investmentincome Rentalincome		2,471 -	- -	- -	2,471 -		10,959 577
Charitableactivities:
Schoolbuildingscontributions		50,000	-	-	50,000		50,000
Otherincome: Totalreturnallocatedtoincome Gainondisposaloffixedasset	BO	225,895 -	428,673 -	(654,568) 954,429	- 954,429		- -
		278,366	428,673	299,861	1,006,900		95,349
Expenditureon: Raisingfunds		2,180	-	-	2,180		4,484
Charitableactivities: Donationsandgrants Othercosts		51,244 138,498	155,844 -	- 36,891	207,088 175,389		181,766 195,512
		191,922	155,844	36,891	384,657		381,762
Netincome/(expenditure)before gainsoninvestments		86,444	272,829	262,970	622,243		(286,413)
Netgainsoninvestments		-	-	280,242	280,242		506,550
Netincome		86,444	272,829	543,212	902,485		220,137
Transfersbetweenfunds	10	(9,511)	5,844	3,667		-	-
Netmovementinfunds		76,933	278,673	546,879	902,485		220,137
ReconciliationofFunds: Totalfundsbroughtforward		70,261	60,053	5,231,561	5,361,875		5,141,738
Totalfundscarriedforward	10	147,194	338,726	5,778,440	6,264,360		5,361,875

	Note	2025 £	2024 £
Fixedassets Tangibleassets Investments	4 5	4,367,056 4,060,900	1,404,718 3,835,226
		5,427,956	5,239,944
Currentassets Debtors:amountsreceivablewithinoneyear Investments:deposits Cashatbank	7	34,385 : 1,097,409	36,825 41,590 370,614
		4,131,794	449,029
Liabilities Creditors:amountsfallingduewithinoneyear	8	(295,390)	(327,098)
Netcurrentassets/ (liabilities)		836,404	121,931
		6,264,360	5,361,875
Totalnetassets		6,264,360	5,361,875
TheFundsoftheCharity:
Permanentendowmentfunds Restrictedfunds Unrestrictedfunds	40 10 10	5,778,440 338,726 447,194	5,231,561 60,053 70,261
TotalCharityFunds		6,264,360	5,361,875

	2025 £		2025 £	2024 £	2024 £	2024 £
Netcashusedinoperatingactivities			(248,473)			(151,241)
Cashflowsfrominvestingactivities: Proceedsfromdisposaloffixedassets DrawnfromCharitiesInvestmentPool Proceedsfromsaleofinvestments	955,200 54,568	:		87,433 393,022	:
Netcashprovidedbyinvestingactivities			1,009,768			480,455
Cashflowsfromfinancingactivities: Repaymentsofborrowing	(34,500)			(46,000)
Netcashprovidedbyfinancingactivities			(34,500)			(46,000)
Changeincashandcashequivalentsinthe			726,795			283,214
reportingperiod
Cashandcashequivalentsatthebeginningofthe reportingperiod			370,614			87,400
Cashandcashequivalentsattheendofthe reportingperiod |			1,097,409			370,614
NETCASHUSEDINOPERATINGACTIVITIES				2025 £		2024 £
Netincome(perStatementofFinancialActivities)				902,485		220,137
Adjustmentsfor: Gainsoninvestments Depreciationoftangiblefixedassets Gainsondisposaloffixedassets Decreaseindebtors Increaseincreditors Decreaseinshort-termdeposits				(280,242) 36,891 (954,429) 2,440 2,792 41,590		(506,550) 36,923 - 2,145 95,394 710
Netcashusedinoperatingactivities				(248,473)		(151,241)

2.	INVESTMENTINCOME	INVESTMENTINCOME
				Total	Total
				2025	2024
					Restated
				£	£
Interestreceivable				2,471	10,959
Therestatementofthe Haberdashers’Charities		prioryearrelating InvestmentPoolis	tothereclassification explainedinnote6.	ofthedistribution	ofincomefromthe

	Charitable activities	Raising funds	Govern- ance	Total 2025	Total 2024
	£	£	£	£	£
Costsdirectlyallocatedtoactivities InsuranceofSchoo!buildings Less:insurancepaidbySchool DepreciationofSchoolbuildings GrantstoSchool	43,972 (34,229) 36,894 207,088	- - - -	- - - -	43,972 (34,229) 36,891 207,088	74,681 (25,377) 36,923 181,766
Propertyadviceandmanagementfees Legalfeesandprofessionaladvice Loaninterest Supportcosts	16,355 - - 179	- - 2,180 -	- 62,024 - -	16,355 62,024 2,180 179	- 57,904 4,484 564
Allocatedonthebasisofstafftime: Staffcosts Servicecharges	36,385 10,098	- -	2,908 807	39,292 10,905	43,011 7,806
Totalexpenditure	316,739	2,180	65,739	384,657	381,762

	2025	2025	2024
		£	£
Wagesandsalaries Nationalinsurance	28,179 3,889		30,846 4,257
Pensioncosts	7,224		7,908
	39,292		43,011
TheTrusteewasnotreimbursedforexpensesbytheCharityexceptwherenotedabove.
Expenditureonlegalfeesandprofessionaladviceincludesthefollowingamountspaidtothe		Charity’sauditor
(includingVAT):
	2025		2024
	£		£
Auditfees	19,500		14,920
Total	19,500		14,920
4.TANGIBLEASSETS
	2025		2024
FreeholdLandandBuildings	£		£
Cost Balanceasat 1September2024 Disposals	1,863,896 (1,570)		1,863,896 -
Balanceat31August2025	1,862,326		1,863,896
Depreciation Balanceat 1September Chargefortheyear Disposal	459,178 36,891 (799)		422,255 36,923 -
Balanceat31August	495,270		459,178
Netbookvalue At31August2025	1,367,056		1,404,718
At31August2024	1,404,718		1,441,641

		Permanent
		Endowment	Total
		Funds
		£	£
Freeholdinvestmentproperty
Fairvalueat	1September2024	115,500	115,500
Fairvalueat	31August2025	115,500	115,500
Haberdashers’CharitiesInvestmentPool
Fairvalueat Netgainson Withdrawnin	1September2024 investments year	3,719,726 280,242 (54,568)	3,719,726 280,242 (54,568)
Fairvalueat	31August2025	3,945,400	3,945,400
Totalfairvalueat31August2025		4,060,900	4,060,900
Totalfairvalueat31August2024		3,835,226	3,835,226

		Trust	Unapplied
		for	total	Total	Total
		investment	return	2025	2024
					Restated
		£	£	£	£
Trustforinvestmentat	1September2024	1,822,953	1,896,773	3,719,726	3,285,698
Investmentreturns: Netgainsoninvestments Totalreturnreleasedtoincomeandrestrictedfunds		- -	280,242 (654,568)	280,242 (654,568)	521,461 (87,433)
Trustforinvestment	at31August2025	1,822,953	1,522,447	3,345,400	3,719,726

.DEBTORS:AMOUNTSRECEIVABLEWITHIN	ONEYEAR
	2025	2024
	£	£
Interestreceivable Investmentincome Otherdebtors	158 - 34,227	158 6,667 30,000
	34,385	36,825

.CREDITORSAMOUNTSFALLINGDUEWITHINONE	YEAR
	2025	2024
	£	£
PurchaseofAlmshouse	92,375	92,375
Bankloan	-	34,500
Grantstobeneficiaries	12,639	6,795
Loaninterestaccrued	-	919
Deferredincome	4,167	4,167
Othercreditorsandaccruals	186,209	188,342
	295,390	327,098

			Permanent
	Unrestricted Funds	Restricted Funds	Endowment Funds		TotalFunds	£
	£	£		£
Fixedassetinvestments Tangibleassets Netcurrentassets/(liabilities)	- - 147,194	- - 338,726	4,060,900 1,367,056 350,484		4,060,900 1,367,056 836,404
	147,194	338,726	5,778,440		6,264,360

	Balance 31August 2024	Income £	Expend- iture	Net investment gains/	Net transfers	Balance 31August 2025
	£		£	(losses)	£	£
				£
UnrestrictedFunds
Generalfund Designatedschoolfund(a)	- 70,261	225,895 52,471	(160,962) (30,960)	- -	(64,933) 55,422	- 147,194
	70,264	278,366	(191,922)	-	(9,611)	147,194
RestrictedFunds AnnualPaymentsFund(b) Governors’Fund(c) SchoolMaintenanceFund(d)	- 7,788 52,265	- - 428,673	(5,844) - (150,000)	- - -	5,844 . -	- 7,788 330,938
	60,053	428,673	(155,844)	-	5,844	338,726
EndowmentFunds PermanentEndowment (e)	3,287,343	728,533	(36,891)	133,615	3,667	4,116,267
SecondPermanent Endowment(f)	1,944,218	(428,672)	-	146,627	-	1,662,173
	5,231,561	299,861	(36,891)	280,242	3,667	5,778,440
TotalFunds	5,361,875	1,006,900	(384,657)	280,242	-	6,264,360

			Permanent	Total
	Unrestricted	Restricted	Endowment	Funds
	Funds	Funds	Funds	2024
	£	£	£	£
				Restated
Incomeandendowmentsfrom:
DonationsfromtheTrustee	33,813	-	-	33,813
Investments:
Investmentincome Rentalincome	10,959 577	- -	- -	10,959 577
Charitableactivities: Schoolbuildingscontributions	50,000	-	-	50,000
Otherincome: Totalreturnallocatedtoincome	41,870	45,563	(87,433)	-
	137,219	45563	(87,433)	95,349
Expenditureon: Raisingfunds	4,484	-	-	4,484
Charitableactivities: Donationsandgrants Othercosts	31,766 158,589	150,000 -	- 36,923	181,766 195,512
	194,839	150,000	36,923	381,762
Netincome(expenditure)before gainsoninvestments	(57,620)	(104,437)	(124,356)	(286,413)
Netgains/(losses)oninvestments	(14,911)	-	521,461	506,550
Netincome/(expenditure)	(72,531)	(104,437)	397,105	220,137
Transfersbetweenfunds	(3,667)	-	3,667	-
Netmovementinfunds	(76,198)	(104,437)	400,772	220,137
ReconciliationofFunds: Tota!fundsbroughtforward	146,459	164,490	4,830,789	5,141,738
Totalfundscarriedforward	70,261	60,053	5,231,561	5,361,875

	Charitable	Raising	Govern-	Total
	activities	funds	ance	2024
	£	E	£	£
Costsdirectlyallocatedtoactivities InsuranceofSchoolbuildings Less:insurancepaidbySchool DepreciationofSchoo!buildings	74,681 (25,377) 36,923	- - -	- - -	74,681 (25,377) 36,923
GrantstoSchool	181,766	-	-	181,766
Propertyadviceandmanagement fees Legalfeesandprofessionaladvice Loaninterest Supportcosts Allocateddirect	- - - -	- - 4,484 -	- 57,904 - 564	- 57,904 4,484 564
Allocatedonthebasisofstafftime: Staffcosts Servicecharges	39,828 7,229	- -	3,183 578	43,011 7,807
Totalexpenditure	315,050	4,484	62,229	381,762

			Permanent
	Unrestricted Funds	Restricted Funds	Endowment Funds	TotalFunds £
	£	£	£
Tangibleassets Fixedassetinvestments Netcurrentassets/(liabilities)	- - 70,261	- - 60,053	1,404,718 3,835,226 (8,383)	1,404,718 3,835,226 121,931
	70,261	60,053	5,231,561	5,361,875

				Net
	Balance		Expend-_	investment	Net	Balance
	31August	Income	iture	gains/	transfers	31August
	2023			(losses)		2024
	£	£	£	£	£	£
UnrestrictedFunds Generalfund Designatedschoolfund(a)	- 146,459	87,219 50,000	(158,047) (36,792)	(14,911) -	85,739 (89,406)	- 70,261
Unrestricted	146,459	137,219	(194,839)	(14,911)	(3,667)	70,261
RestrictedFunds AnnualPaymentsFund(b) Governors’Fund(c) SchoolMaintenanceFund(d)	- 7,788 156,702	- - 45,563	- - (150,000)	- - -	- - -	= 7,788 52,265
	164,490	45,563	(150,000)	-	-	60,053
EndowmentFunds PermanentEndowment (e)	3,113,428	(41,870)	(36,923)	249,041	3,667	3,287,343
SecondPermanent Endowment(f)	1,717,361	(45,563)	-	272,420	-	1,944,218
	4,830,789	(87,433)	(36,923)	521,461	3,667	5,231,561
TotalCharityFunds	5,141,738	95,349	(381,762)	506,550	-	5,361,875