HYMERS COLLEGE
HYMERS COLLEGE
ANNUAL REPORT FOR THE YEAR ENDED
31 AUGUST2025
Registered Charity Number 529820

HYMERS COLLEGE
ANNUAL REPORT FOR THE YEAR ENDED 31 AUGusf z025
Index
Page
Trustee, Governors. Officers and Advisers
The Report of the Trustee [including Strategic Report)
5-14
Independent Auditors, Report to the Board of the Trustse of Hymers College
15-17
Consolidated statement ol'financial activities lincorporating an income & expenditure account)
18
Balance sheets
19
Consolidated cash flow statement
21
Notes to the con501idated cash flow statement
22
PTincipal accounting policies
23-26
Notes to the consolidated financial statements
27-52

HYMERS COLLEGE
TRUSTEE, GOVERNORS, OFFICERS AND ADVISERS
FOR THE YEAR ENDED 31 AUGUST 2025
Trustee / Governors
Hymers College Trustse Limited is the sole corporate trustee of Hymers College (the Charity). Directors of the Board of
Hymers CollegeTrustee Limited are defined as Governors and acton behalfofthe trustee, as a Body, underthatcompany's
Arbcles of Association and the Charity's Governance document The names of those who were in office during the year
and unless othenvise noted up to the date ol signing the financial statements were as follows.
Dr l Kittmer (Chairnian from I January 2025)
Mr P A B Beecroft Iresigned on 24 September 2025)
Professor P G Burgess
Mr A H Chicken
Mr l F Connolly
Mrs E C Garton
Mr D A Gibbons {resigned on 12 December 2025)
MrMCSHall
Mr l G Leafe
Mrs E A Maliakal
Mr A Mallik
Mr l M V Redman Ichairman until I january 2025, resigned on 4 July 2025)
Mr D U Rosinke
Mrs N Shipley
Mr A M Sinclair
Dr T Tinker
Mrs G V Vickerman
Mr l R Wheldon
Mrs E A Wilson
This is a complete list of the Board of Dirertors of Hymers College Trustee Limited, company number 05193649, the
Trustee ol Hymers College, Charity No. 529820, during the year ended 31 August 2025.
Reference to the tit]e governor[s) also means director{s) of the Corporate Trustee throughout thi5 reporL
Core Senior Leadership Team
Mr I P Stanley
Mr M A Tuckwood-Hill
Mr R P Wright
Mrs H lackson
Mr P C Doyle
Mrs I Cowan
Headmaster
Bursar
Deputy Head Imanagement)
Deputy Head IPastoral)
Head of lunior School IleltAugust 20251
Head oflunior School [fvom February 2026)
Governing Documents
Charity Commission Scheme for Hyrner5 College dated 3 1 August 2004.
Memorandum and Articles of Association for the sole corporate trustee, Hymers College Trustee Limited [incorporated
30 july 2004), and Amendments dated 6 February 2008, 12 March 2012 and 29 March 2019.
Charitable Ststss
Hymers College is an unincorporated registered Charity.
The charl￿5 trustee was incorporated with effect from I September 2004 as Hyrners College Trustee Limited a
company limited by guarantee and is registered in England and Wales.

HYMERS COLLEGE
TRUSTEE, GOVERNORS, OFFICERS AND ADVtSERS
FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED}
Registered Office
Hymers College
83 Hymers Avenue
Hull
East York%hire
HU3 ILL
Independent Auditors
Salyery LLP
10 Wellington Plate
Leeds
LSI 4AP
Bankers
National Westminster Bank plc
PO Box 944
34 King Edward Street
Hull
East York%hire
HUI 3SS
Solicitors
Wilkin Chapman Rollits LLP
Citadel House
58 High Street
Hull
HUI IQE
Insurance Brokers
Aon Risk Services Limited
3 The Embankment
Sovereign Street
Leed5
WestYork5hire
LS14BI
Memberships and Affiliations
The Headmaster is a member of the Headmasters, and Mistresses, Conference IHMCI and the Association of School and
College LeadeTS [ASCL). The School is a member of the Association of Governing Bodies of Independent Schoo15 (AGBIS)
and the Independent Schools, Bursars Association (ISBA). It is al'filiated to the Independent Schools, Council IISCI.

HYMERS COLLEGE
THE REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 31 AUGUST 2025
The Board of Directors of the sole corporate trustee. Hymers College Trustee Limited present their report and audited
on501idated financial staten]ents for the year ended 31 August 2025.
Structure, Governance and Management
The role of the Governors of Hymers College is io plan and implement strategies that will best meei the objectives of
Hymers College as an educational charity. The Governors are also directors of Hymers College Trustee Limited for
purposes ofthe Companies Act 2006.
Day to day rnanagement ofthe School is delegated to the Headmaster supported by the senior leadership team.
The structure and membership of the Governors, Committees and working parties are subject to ongoing review to
ensure that they are fit for purpose. Currently, there are 16 Governors. All Governors are Co-opted and serve for
renewable periods ofnot more than S years. Below the Board ofGovernors there are a number of standing committee&
There are now the tollowing Standing Committees.. Education, Finance & Property, Governance, Health & Safety.
Nominations and Rernuneration.
There are written terms of reference for all committees which are reviewed annually.
The Board of Governors review and approve recommendations of the minutes of Standing Committees.
In addition, several Governors have delegated responsibilities to liaise with school staff and report through the relevant
standing Committees on the following areas.. Audit. Capital Developments, Development otlice, Fee Remissions, Health
and Safety, ICT, Marketing and Safeguarding including the Staff Register.
Governors are subjert to enhanced disclosure from the Disclosure and Barring Service. Induction training and
continuation training are Enade available to all Governors through the Association of Governing Bodies of Independent
Schools [AGBIS).
OBIECTIVES AND ACTIVITIES
In furtherance of the intentions of the founder of the School. the Reverend Dr john Hymers. the principal object of the
harity is to advance the education of school age children by providing a day school located in the City of Kingstan-
Upon-Hull, to benefit the City, East Yorkshire and North Lincolnshire. The founder's objective, which is still pursued
today. was for a school which provides.. "for the training of intelligence in whatever social rank of life it may be found"
Governors retnain committed to this objective of public benefit in their Tnanagement of the Hymers Fee Remission
Scheme.
During the ye3r, the Hymer5 Fee Remis5ion5 Scheme provided financial as51%tance to 86 pupi15 from lower Income
families. We gratefully acknowledge the continuing support of The Sir James Reckitt Charity, through its contributions
to the Scheme.
Financial support lor recipients of Hymers Fee Remissions is also available from The Eric Gordon Mallalieu Bursary
Fund, the Howard-mallalieu Scholarship Fund and a bequest in memory of the late Mr Peter Lovell.
The John Hymers Bursary Fund was launched in 2016. In 2024-25 funds of c.£97k were received through the
Development Office. Financial support is mean5-tested and remain.% the fairest way of making grants to ensure acce5S
to the School, regardless of incoTne, is available to the widest possible socio-demographic mix of children.
Strategic Intents and FU￿re Plans for Development
Our strategic vision for the continuing development of Hymers College as a centre of educational excellence requires a
focuf on student centred learning, enhancing learning discipline5, innovation and creativity aTnong pupi15. For our
vision to work, capital expenditure on the campus, regular maintenance and improvements to our facilities must be
ongoing.

HYMERS COLLEGE
THE REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 31 AUGUST 2025
The School continues to use any surplus that it makes to offer fee assistance to support the education of pupils who
would otherwise not be able to afford a Hymers education and to invest in the education of its pupils.
Achievements and Review of the Year
In the previous year, with the election of the Labour Government, the school experienced a period of significant
financial shift driven by government policy changes, most notably the introduction of VAT on school fees and the
withdrawal of charitable relief on business rates. These measures plated material pressure on operating costs and
affordability for farnilie5, contributing to a reduction in the pupil roll. In response, the Governor5 undertook a
comprehensive strategic and linancial review, which resulted in the decision to relocate Hymers Hessle Mount to the
ain site in central Hull, and to restructure staffing arrangements to ensure the cost base was appropriately aligned
th the revised scale of operation5 and pupil roll. The Governors and executive leadership have taken decisive action
to manage expenditure, and a thorough review of all major cost areas has been completed.
Noted in the statutory accounts are exceptional costs for 202412025 of £856k attributable to the relocation and
planned disposal of Hymers Hessle Mount and costs associated with the stall restructure.
The School remains in a sound financial position, with no external debtand the benefitofretained cash reserves, which
provide a degree of resilience as the School adapts to the changes.. Despite this considerable external shock and the
undeniable challenge that thi5 has p05ed the senior leadership and governing board, the pupils of Hymers College
from the youngest at Hymers Hessle Mount to the departing Year 13 students - continued to benefit from a broad and
balanced education notable for high standards, academic and intellectual nourishment and extensive co-curricular
opportunities.
The tonsiderable success that the pupils enjoyed has continued to be underpinned by an environment which is marked
by kindness, respect and inclusion. This wa% recognised when the school received the national Wellbeing Award for
the strategic approach that we take to supporting the welfare needs of our pupils and staft.. The School's academic
succes5 is underpinned by outstanding pastoral care, with well trained staff and a well-resourced structure of welfare
provision, alongside a broad range of co-curricular activities. Through a Hymers education our pupils develop the
crucial personal qualities ol'sell'.esteem and resilience to allow them to flourish both during their school days and later
While a Hymers education is about so much more than purely academic outcomes, results in external public exams are
readily understood to be of importance and one indicator of the success of the school in meeting its aim to offer an
education of all-round excellence, with a strong academic thread.
In the summer of 2025 our students achieved the bestA Level and GCSE exam result5 in the school's history. It wa5 the
first year in which some of our students took a B TEC qualification in Sport. and those BTEC pioneers, together with
their teachers, are to be congratulated on the tremendous results they gained. Overall, one in 5 of all A Level grades
was an A*
with 55% of all exams in both A Level and BTEC qualifications graded at A* or A, or their equivalent, and
78(Yo at A -B.. the grades required to secure entry on to the most prestigious university courses in the country. These
results saw us placed 91st in the Times newspaper national league table. 74Q/o of our students took up a place at one ol
the research-intensive Russell Group universities. 10 Hymerians gained places to pursue medicine or dentistry. A large
concentration of the Hymers Class of 2025 started at outstanding universities that still attract many ol. the brightest
and best students from across the world, including the London universities ol UCL, Imperial, the LSE and Kings, the
universities of Warwick, Bristol, Durham and Manchester,. and six HyTnerians successfully achieved the grades to take
up their places at Oxford or Cambridge.
Not to be outdone by the outgoing Year 13 students, a week later our GCSE cohort received superb results: comfortably
the best since GCSES have been redesigned and regraded 9-1. The statistics tell their own story.. 31% of all exams were
graded a 9.. more than 500kn achieved a g or an 8,. and 690h received 9-7 grades (the old A'/A metric).
Outside the classroom Hymers pupils of all ages participated with enthusiasm, commitment and in good spirit in a wide
range of co-curricular activities. The performing arts continue to flourish in the School, with our youngest pupils at
Hymers Hessle Mount following the example set by pupils in higher year groups. Following its success at the

HYMERS COLLEGE
THE REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 31 AUGUST 2025
Cottingham Music Festival, the Year 6 Choir were invited to sing at the festival's prize wnners concerL For the 13th
consecutive year the junior School Choir qualified for the Barnardo's National Choral competition at Birmingham
Syn]phony Hall. For the second consecutive year the Year 6 dancer5 reached the national final of the Great Big Dance
Off.
Senior School music goe5 fron] strength to strength and during the academic year we enjoyed a series of superb
concerts.. some chamber music, some large-scale orchestral or choral works such as those at Christmas and the Spring
Term's performance of exterpts from Handel's Messiah bya chorus made up ofpupils, Old Hymerians, teathers, parents
and friends. Our pop and rock bands seized an increased number of opportunities to perform both within school and
to a wider audience, and one ot our excellent Sixth Form bands took I ' prize in the Yorkshire Wolds Music Festival. On
the stage. ag we celebrated the 30th anniversary of the Dame ludi Dench Theatre. our senior dramatl5ts took on the
on5iderable challenge of performing Hamlet,. and thank% to the considerable efforts of cast, crew and stsff alike, the
audience was treated to a spirited and moving production - with some outstanding individual performances - that
really got to the heart of the tragedy. For the second consecutive year one of our Students reached the national final of
the English Speaking Union's Shakespeare Reading Competition held on the Southbank in London, while one of our
Sixth Formers gained prolessional experience in a production with Hull Truck Theatre Company. Itwas heartening and
indeed inspiring for our young draTnatists to hear of the professional success of one of our recent alumni who had a
role in a Hollywood blockbustsr film starring Cate Blanchet¢ Piers Brosnan and Michael Fassbender.
The sporhng succes5 of our pupi15 during 2024-25 was perhaps unprecedented. The U9 gir15 won the city futsal
tournament, while both the Ul I boys and girls won the Hull City football competition. The girls then went on io win
the HMC North East competition and the Yorkshire round ol the Premier League Primary Stars football tournament
before representing Hull City at the national finals at Wolverhampton Wanderers, Molineux Stadium. In rugby our Ul I
boys won the Ashville 7s festival and competed in the top tier of the Rosslyn Park competition. In rugby the Ull girls
were crowned In2 Hockey Yorkghire champions.
In the Senior School our U16 rugby players were victorious at the Woodhouse Grove 7s tournament, beating stiff
competition en route to the final. The U15 rugby players had a highly successful cup run to reach the last four tean]5 of
the national cup [out of the 256 teams that entered the competition), only to be defeated in the serni-final by a school
that acts as a leeder to a professional Premiership club academy.
Five years after football was reintroduced to the Senior School as a competitive sport, four of our squads reached the
semi-linal stage ol. national cup competitions. The U12 boys achieved this feat, as did our own Lionesses the U15 and
U13 ￿rIs, 50Tnething which we were particularly thrilled about However, our U15 boys, after unluckily la.sing on a
penalty shootout at the semi-final stage two years ago, showed the value in persistence and dogged detern)ination by
reaching and then winning the national final of the Independent Schools Football Association Cup. Very well done too
to our U 13 girls. hockey players who won the regional round5 to compete in the national plate final and the U14 boys.
hockey squad did the school proud at the Tier 2 national finals at the University ot Nottingham.
Ernbedded within some of these strong collective perfornjances froTn Hymer5 teaTll5 was some magnificent young
individual talent that we are privileged to be able to nurture,. and so many congratulations to our cricketer who over
the summer represented the North of England,. our rugby players who play for the Yorkshire and Hull Kingston Rovers
squads,. our footballers who are involved wth a number of professional academies in the region,. our two hockey
players who have been selerted for the USA junior national squads at U18 and U16,. our ryelist who has been signed up
by a professional training team in the Netherlands and who is part of the Great Britain development squad for the next
two Olympics in 2028 and 2032. Furthermore, we are excited by our new partnership with the Tom Dean Swim School,
as we became only the second venue in the north to host an initiative that is committed both to high performance and
simply enCoura￿ng more children to swim recreationally.
Across the whole school the Hymers curriculum is enriched by a carefully planned series of enrichment activities and
trips. The junior School Theme Week wa5 again a highlight of the calendar and pupils acr05S the school benefitted from
the opportunities to extend their learning outside the classroom through the many educational visits that took place.
Pupils at Hymers Hessle Mount enjoyed trips to Pink Pig Farm, Yorkshire Wildlife Park and Eureka! while in the lunior
School pupils wsited Hull Street Life History Museum and Year 6 relished their residential week in Windermere. Senior
School pupils took part enthusiastically in a myriad of enrichment societies, academic challenges and Olympiads, as
well as the trips to destinations near and far. Our historians located the graves of Old Hymerians on their trip to the
Battlefields of Belgium, while the classicists and geographers did their own Grand Tour of the sites of Rome and the

HYMERS COLLEGE
THE REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 31 AUGUST 2025
Bay of Naples. In July 60 students and 8 staff enjoyed what may well be the trip of a lifetime to Sri Lanka on a multi-
sports tour, that was packed with sport and cultural experiences that are Sure to stay long in the memory. In addition,
Hymers students were to be found in greater number than ever before taking part in the Duke of Edinburgh Award
seheme.
A Hymers education is a transforniaiive experience and we are proud to be able to report that our excellent students
are making the most of their few short years at school and doing their utmost to share their privilege as widely as
possible.
Charltles of the Year
During 2024-25 Hymers pupils continued to engage wholeheartedly in charitable fundraising activities and community
work, including through our Primary Mentoring scheme which saw our sixth form students supporting reading in local
primary schools and by volunteering to assist in large numbers at the Rotary Disability Games.
We were proud that our Science Triathlon for Year 10 pupils from schools across the region won 1st prize in the'small
budget evenv category of the AMCIS national awards (Admissions. Marketing and Communications in Independent
Schools), and our gifted & talented English and Maths days for primary-age pupils again proved popular with local
schools.
We were delighted by the way in which the pupils and the wider school community got behind our inaugural Giving
Day that raised £85,000 to support the john Hymer5 Bursary Appeal. We were delighted that our efforts in this regard
were recognised at the 2025 Independent Schools of the Year Awards in the Social Mobility category when we won the
accolade of Highly Commended because of the difference that Hymers makes in the lives ofyoung people in Hull, East
Riding and North Lincolnshire.
Other Charfitable Actlvlty
Our Charities of the Year for 2024125 were..
Doreen's Hull- A registered charity worlang across Hull to source and deliver everyday essential items and serwces
to those in need.
CRY- Cardiac Risk in the Young and supports young people diagnosed with potentially life-threatening cardiac
conditions and offers bereavement support to tamilies affected. Our fundraising efforts included..
Totsl raised- £4,946.
Mission Christmas Toy Appeal- We collected over 600 toys. which were collected by Viking FM on their challenge to
fill a double decker bus with toys in a day.
Christmas food collertion- This is an annual event that involves our Sixth Form students distributing the food
collected by the rest of the school. This year we collected and distributed over 120 parce15 of food.
Primary mentoring at local primary schools- Students frtsm Year 12 at Hymers College visit each week, Thoresby and
Pearson Primary 5choo15, to help the young students with their English and reading. The project is aimed at
improving the reading ability of the primary school children. It is also aimed at growing perspective, compassion and
leadership in Hymers gtudents through volunteering and working with younger children in a professional context.
This year 36 year 125 signed up as primary school Tnentors. This equated to 600 hours ofvoluntsry work with
primary school students in two primary schools located centrally in Hull.
Emmaus Hull- Over the last 10 years, Hymers have developed a very special relationship with the Emmaus charity.
The school supports the charity through an annual Christmas Carol Concert which raises funds for the charity. This
year our Charity Carols Concert raised £1,731.

HYMERS COLLEGE
THE REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 31 AUGUST 2025
Hymers Community Days- As part of our 125 Year anniversary celebrations we initiated a Community Service day
where our Sixth Form spent a day serying in the community on variou5 projects. Since the start of the initiatiye we
have worked with a variety of organisations year on year, as well as other one-off projects. Some of these
organisations and projects are outlined below.
Hymer5 NCS
Hymers College is the only independent school in the country to offer NCS programmes as a delivery provider.
Hymers NCS has been running fror eight years, with over 80% ot participants from external'hard to reach,
backgrounds, forging partnershipg with 15 schools and colleges around Hull and East Riding of Yorkshire.
The scheme aims to provide young people with opportunities to grow through hands-on, real-world experiences that
encourage personal and social development.
Disappointingly, the National Citizen Service (NCS) programme in England concluded on 31 March 2025, with the
NCS Trust being wound down by the government to make way for a new national youth strategy. The NCS program is
no longer operational at Hymers College.
Public Benefit
Our strategy aims to meet several broad objectives.. by continuing to provide significant educational benefit to the
ommunity, not only by awarding Hymers Fee Remission grants to enable academically able children from low income
families to attend the School, but by implementing programmes, events and letting our facilities in broad support of
edutation and practical wellbeing projects to local people and tommunity groups. School staff and pupils regularly
engage with the wider community and provide mentoring.
The Board of Governors ha5 taken full account of the Charities Act 2011 regarding the Public Benefit required to be
provided by independent schools in 5UPPOrt of their charitable status and remain confident that Such benefit is being
provided within the stated aim ot the charity to advance the education of boys and girls in or near the City ot Kingston-
Upon-Hull, East Yorkshire, and North Lincolnshire.
The School encourages local organisations to use its lacilities, which include a swimming pool. all-weather pitch,
theatre, sports hall and sport5 centre. In the pastyear the School has seen a wide range oforgani52tions on campus. In
a wider context, the School continues to make a significant social and economic contribution to the life of the city,
through..
FinancialAssistance
We continue to educate a significant number of children from a broad range of background5 at no costto the State.
The Independent Schools, Council's Impact Assessment Tool was used to calculate that Hymers College saves the
UK Exchequer £6.596m in 2024-25 by eliminating the cost of providing state-funded education.
The School devotes around 7.5 % of its income to bursaries to enable academically talented children from low-
income backgrounds to attend the School.
Hordship Funds
Ongoing bursaries and 5hort-term hardship grants were made to enable pupils whose parents experienced
reduced income due to the effects ot bereavement, loss of employment, illness or injury to remain at the School.
Fundraisillg
Members of the School'5 Staff and student body organise various fundraising events and co-ordinate a variety of
activities both within the School and the wider community to raise funds for an array of charitable cases throughout
each year. The school does not use any professional fundraisers or involve commercial participators in its fundraising
efforts.

HYMERS COLLEGE
THE REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 31 AUGUST 2025
Principal Risks and Uncertainties
The Board ofGovernors has established robust policies and procedures to address key risks and monitor performance,
which under normal conditions will allow risks inherent in its day to day operations to be mitigated to an acceptable
level. A key purpose of the Corporate Trustee is to provide a layer of protection to persons a￿ng as Governors, so that
the Board can reduce Governors, personal liability to attract the best governors with the widest range of professional
skills and experience.
The Board of Governors regularly reviews the School's principal areas of operations and considers the organisational
risks it Tnight face. The Board will continue to acknvely monitor the effectg of such risks on its operations and review
exi%ting and emerging legislation, and likewise the effects of current and forecast economic, political and market
conditions. The principal risks include, but are not restricted to..
Parental affordability. fee pressure and ongoing cost inflation..
Increasing pension c05ts',
Impact of the imposition of VAT on fees and loss of Business rate relief.,
Retention and recruitment ol'talented education professionals,.
Competition from local state and independent education provider5',
Meeting societal demands to demonstrate the value of a private education.
Group
Hymers College is the parent charity of a group which comprises three wholly owned subsidiaries, Botanic Sidings
Limited Ico. no. 37967321, The School Shop IHulll Limited (co. no. 23498031 and The College Enterprises (Hull) Limited
Ico. no. 2583012). Each subsidiary is a trading company Set up to deliver the charitable objectives of Hymers College.
The Sthool Shop (Hull) Limited.. The retail shop ceased trading in May 2022 and was replated by an external online
uniform retailer. See Note 12 for a summary of results.
The College Enterpri5e5 (Hull) Limited.. Own5 the freehold title to the Theatre building which it leases to the College to
deliver the charitable objectives of Hymers College. See note 12 for a summary of results.
Botanic Sidings Limited.. Owns property which is used by Hymers College to provide sports facilities including an all-
weather pitch and playing fields. See Note 12 for a summary of results.
Reserves Poliry
Currently the School holds free reserves, which are defined as unrestrirted funds excluding land and buildings. Free
reserves include cash and other working capital balances.
As part of our strategy to build effective flexible financial reserves we evaluate our need for reserves and hold those
reserves to ensure that we can deliver serwces.
Financial impact of risk- There are a range ofrisks the charity faces, including the risk of an unforeseen drop
in incoTne and in the extreme, to political influences which may pose an existential threat to the School.
To ensure that there is no significant disruption to our charitable activities, holding an appropriate level of reserves
11 enable the organisation to respond to unforeseen short-term reductions in income, which we deterTnine as a low
risk in current circumstances.
Working capital- A significant proportion of our reserves are represented by cash and trade debtors. We
maintain a large proportion of our current assets in cash to reduce dependency on borrowing and cut the cost
of financing our services. These cash reserves are used to meet day to day liabilities.
io

HYMERS COLLEGE
THE REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 31 AUGUST 2025
Our reserves policy defines the fran]ework we have in place to determine the level of reserves we consider to be
necessary for the College and draws upon guidance provided by the Charity Commissioners in CCI9.
As of 31 August 2025, the School held total reserves of £12,995k of which £12,314k were unrestricted. Free re5erve5
which the School could spend on any ofits charitable purposes, excluding tangible fixed assets were £106k at the year
end. This figure would be in addition to restricted funds which cannot be utilised for operational expenses. The target
level of reserves Is between 2 and 3 month5 of operating costs, which 15 in excess of current free reserves level5.
CommRtments and long-term plans
The Board of the Trustee remain committed to developing the land and buildings which forn) the entire campus and
will approve Capital projects, from time to time, when funds permit.
Pension Liabilities
The School is a meTnber of the Teachers Pension Scheme which carries an overall fund deficit. Because we carry a
proportion of the fund's liability with other members of the Scheme the assets and liabilities ol'this defined benefits
scheme are excluded from the reserves calculation as they are not expected to lead to any short or medium-term cash
outflow which is not already included in budgeted spending and net cash inflows. This is consistent with the Charity
Commission guidance.
Endowed Assets
The assets held in a Permanent Endowrnent Fund are used to generate income which is applied to meet the charitable
objectives of the College.
The fund is to be held indefinitely and the School doe5 not have the power to convert the fund, which comprises land
and buildings, into income.
Financial Review
The Board takes the view that, in order to support the Headmaster in providing excellent academic, cultural, pastor31
and sporting education opportunities for its pupils, Hymers College must operate on sound business principles, with
an efficient organisational structure which can respond quickly to opportunities and challenges to deliver the best
Possible Yalue for money.
At time of writing, the Board is confident that projected pupil numbers. fee income and existing reserves can support
the School'5 educational programme, however Governors are Tnindful of a greatly heightened level of political and
economic risk facing the independent school sector.
The Board operate5 3 responsible financial strategy based on projected revenue, reserves and expenditure based on
educational need and will only approve plans presented by its Committees after an appropriate level of due diligence
and corporate governance. Budget reports are presented every term to the Finance and Property Committee prior to
final review by the Board.
Each year, Heads of Departments submit their bids for funding and are subsequently allocated devolved budgets.
IncoTne and expenditure is monitored on a monthly basis by the HeadTnaster and Bursar.
The total incoming resources for the year, a5 Set out in the Statement of Financial Activities on page 18, amounted to
£13,697,081 {2024.. £13,291,886).
Going Concern
We draw attention to the Statement of Comprehensive Income which reports a deficit of £1,316.759 (after one-off costs
of £856,458) and Statement of financial position which shows net assets of £12,995,774. A5 Stated in the Accounting
Policies there is no material uncertainty about the School being able to continue as a going concern.
Our Finance Committee has established key performance indicators which they monitor regularly. Cash flow
management remain5 an important factor in deterTnining the financial health of the School and therefore we regularly

HYMERS COLLEGE
THE REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 31 AUGUST 2025
adjust our financial plans based on the available cash resource, and our senior management continue to revise the
business plan when necessary, to adapt to changing circumstances.
Voluntsry Support
We gratefully acknowledge the hours ofvoluntarywork undertaken by parents and other supporters ofHymers College
to assist the School in delivering core education servites, and to raise funds. Hymers College Asgociation and the Old
Hymerians Association provide invaluable support and we are grateful forall of their contribution. In addition, several
individual parents assistwith school activities both on and offr'_site and we are grateful to them all for their involvemenL
12

HYMERS COLLEGE
THE REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 31 AUGUST 2025
Statement of Trustee's Responsibilities in relation to the Financial Statements
The direetorg as a Board, set out on page 3. lon behalf of the sole torporate trugtee, Hymers College Trustee Limited)
are responsible for preparing the Report of the Trustee and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards [United Kingdom Generally Accepted Accounting Practice).
The law applicable to Charities in England and Wales requires the trustee to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the charity and the group and of the incoming
resources and application of resources of the charity and the group for that period. In preparing these financial
statements, the trustee is required to..
select suitable accounting policies and then apply them consistently..
observe the methods and principles in the Charities SORP (FRS 102),.
make judgments and estimates that are reasonable and prudent,.
state whether applicable accounting standards have been followed, subject to any material departures
disclosed and explained in the financial statements.. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in business.
The Trustee is responsible for keeping proper accounting records that disclose wth reasonable accuracy at any time
the financial position of the charity and the group and enable them to ensure that the financial statements comply with
the Charitie5 Act 2011 and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of
the charity and the group and hence tor taking reasonable steps for the prevention and detection ot fraud and other
irregularities.
Governors'lndemnities
As permitted by the Articles of Association of the corporate trustee, HyTners College Trustee Limited, the governors
have the benefit ol an indemnity which is a qualifying third-party indemnity provision as defined by Section 234 ofr the
Companies Att 2006. The indemnity was in forte throughout the lastfinancialyear and is currently in forte. The Charity
also purchased and maintained throughout the financial year Trustees, and Officers. liability insurance in respect of
itself and its Governors.
Reporting ofserious Incidents
The Governor5 confirm that any matter5 of concern that have arisen during the year which would require notification
to the Charity Commissioners have been notified.
Investment Policy
UftrestrictedFuftds
The Governors are required to invest free monics in accordance with the Trustee Act 2000. All tree monies are
deposited at the best rate of return available whilst still providing a prudent spread of risk. The return obtained on
cash deposits is satisfactory for the year.
RestrictedFunds ondLiftked Chority
These Funds include donations by benefactors for specific restricted purposes and the assets of a separate and legally
distinct charity. The Eric Gordon Mallalieu Bursary Fund is a separate charity, but the Charity Commissioners issued
an Order uniting this charity wth Hymers College, the reporting charity, for administration and accounting purpose&
Therefore, its assets are reported as part of the funds ol the School. The Erie Gordon Mallalieu Bursary Fund, Peter
Lovell Scholarship Fund and john Hymers Bursary Fund have been estsblished to advance the education of children
who are disadvantaged by reason of their social and economic circumstances by giving financial assistance for such
children to attend the School. The Howard-mallalieu Scholarship Fund makes grants to pupils from low income families
who go to university and read for a degree in Chemistry, Engineering, Mathematics or Physics.

DoGUSign Envebpe ID". 8D011C18-43E8-816&822C-96B56A924C03
HYMERS COLLEGE
THE REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 31 AUGUST 2025
Audit Information
We the dirertors, as a Board, acting on behalf of the corporate trustee of the charity who held office at the date of
approval of the financial statements as set out above each confirm, so far as we are aware. that-
There is no relevant audit information ofwhich the charity's auditors are unaware., and
Relevant information is defined as the trustee having taken all steps that it ought to have taken to make itself
aware of any relevant audit information and to establish that the auditor is aware of the informatiotL
This report has been prepared in accordance with the Charities SORP 2019 (FRS 102).
The Report of the Trustee has been approved by the Board of Directors of the Trustee and signed on its behalfby..
s￿n•d6Y.'
'Aè¥è'14Èt5¥4￿¥Ab..
Dr l Kittmer
On behalf of the trustee Hymers College Trustee Limited
15 June 2026
14

HYMERS COLLEGE
INDEPENDENT AUDITORS, REPORT TO THE BOARD OF THE TRUSTEE OF HYMERS COLLEGE
Opinion
We have audited the financial statements of Hymers College (the 'parent charity,) and its subsidiaries Ithe
'group'l for the year ended 31 August 2025 which COTnprise Consolidated Statement of Financial Activitie5
(incorporating an Income and Expenditure Accounts), the Balance Sheets, the Consolidated Cash Flow Statement
and notes to the financial statements, including significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK
and Republic of Ireland {United Kingdom Generally Accepted Accounting Practicel-
In our opinion the financial statements..
give a true and fair view of the stale of the group and parent charity's affairs as at 31 August 2025 and
of the group's and the parent charity's incoming resources and application of resources for the yearthen
ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice,. and
have been prepared in accordance with the requirements ofthe Charities Act 2011.
Basis for opinion
We conducted our auditin accordance with International Standards on Auditing [UK) IISAS [UK)l and applicable
law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the
audit of the linancial statements section ol. our reporL We are independent ol. the group and parent charity in
accordance with the ethical requirements that are relevant to our audit of the financial 5tatementr in the UK
including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with
these requirements. We believe that the audit evidence we have obtained is sufficientand appropriate to provide
a basis for our opinion.
Conclusions Relating to Going Concern
In auditing the financial statements. we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, maycast significantdoubt on the group or the parentcharity's ability
to continue 25 a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the trustees wth respect to going concern are described in the
relevant sections of this reporL
Other Information
The other information comprises the information included in the annual report, other than the financial
statements and our auditor's report thereon. The trustees are re5pon5ible forthe other infortnation. Our opinion
on the financial statements does not cover the other information and, except to the extent othenvise explicitly
stated in our report. we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or
otherwise appears to be materially misstated. If we identify Such material incon51Stencie5 or apparent material
misstatements, we are required to determine whether this gives rise to a material misstatement in the financial
statements themselves. If, based on the work we have performed, we conclude that there is a material
mis5tstement of this other information,. we are required to report that facL
We have nothing to report in this regard.

HYMERS COLLEGE
INDEPENDENT AUDITORS, REPORT TO THE BOARD OF THE TRUSTEE OF HYMERS COLLEGE
Matters on which we are required to Report by Exception
We have nothing to report in respect of the followng matter5 in relation to which the Charities (Accounts and
Reports) Regulations 2008 require us to report to you if. in our opinion..
the infornjation given in the Trustees, Annual Report is inconsistent in any material respect with the
linaneial statements,. or
the parent charity has not kept sufficient accounting records,. or
the parent charity's fjnancial statements are not in agreernentwith the accounting records and returns..
or
we have not received all the information and explanations we require for our audiL
ResponslbllRdes of Trnstee
As explained more fully in the Trustee's Responsibilities Statement set out on pages 12. the trustees are
responsible for the preparation of the financial staten]ent5 and for being satl5fied that they give a true and fair
view, and for such internal control as the trustees determine is necessary to enable the preparation of financial
statements that are tree from material misstatement. whether due to Iraud or error.
In preparing the financial statements, the trustees are responsible for assessing the group and the parent
charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and
using the going concern basis of accounting unles5 the trustees either intend to liquidate the group or the parent
charity or to cease operations, or have no realistic alternative but to do so.
Auditorfs Responsibilities for the Audit of the Financial Statements
We have been appointed as auditors under the Charities Art 2011 and report in accordante with regulations
made under that Act.
Our objectives are to obtain reasonable assurance about whether the group and parent financial statements a5
a whole are free from Tnaterial mi5Statement, whether due to fraud or error, and to Issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit
canducted in accordance with ISAS [UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or errorand are considered material if, individually or in the aggregate, they
could reasonably be expected to influence the economic decisions of users taken on the basis of these financial
statements.
Irregularities, including fraud, are instances olnon-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities,
including traud. The specific procedures for this engagement and the extent to which these are capable of
detecting irregularities, including fraud are detailed below.
Identifying and assessing risks related to irregularities..
We assessed the susceptibility of the group and parent charity's financial statements to material misstatement
and how fraud might occur, including through di5CU5sions with the trustees, discussions within our audit team
planning meeting, updating our record of internal controls and ensuring these controls operated as intended.
We evaluated possible incentives and opportunities for fraudulent manipulation of the financial statements. We
identified laws and regulations that are of significance in the context of the group and parent charity by
discussions with trustees and updating our understanding ol. the sector in which the group and parent charity
operate.
Laws and regulations of direct significance in the context of the group and parent charity include the Charities
Act 2011, the Charitie5 [Accounts and Reports) Regulations 2008 and guidance issued by the Charity
Commission for England and Wales, the Independent School Standards are found in the Education and Skills Act
2008 and guidance issued by the Department for Education.

HYMERS COLLEGE
INDEPENDENT AUDITORS, REPORT TO THE BOARD OF THE TRUSTEE OF HYMERS COLLEGE
Audit response to risks identified..
We considered the extent of compliance with these laws and regulations as part of our audit procedures on the
related financial statement items including a review of financial %tatement disclosure& We reviewed the parent
charity's records of breaches of laws and regulations, minutes of meetings and correspondence with relevant
authorities to identify potential material misstatements arising. We discussed the parent charity's policies and
procedures for compliance with laws and regulations ￿th members of management responsible for compliance.
During the planning meeting with the audit team, the engagement partner drew attention to the key areas which
might involve non-compliance with law5 and regulations or fraud. We enquired of management whether they
were aware ol'any instances ol'non-complianee with laws and regulations or knowledge of any actual, suspected
or alleged fraud. We addre$5ed the risk of fraud through management override of contro15 by testing the
appropriateness of journal entries and identifying any significant transactions that were unusual or outside the
normal course of business. We assessed whetherjudgements made in making accounting estimates gave rise to
a possible indication ofmanagement bia& At the completion stage ofthe audit, the engagement partnerfs review
included ensuring that the team had approached their work with appropriate professional scepticism and thus
the capacity to identify non-compliance with laws and regulations and fraud.
There are inherentlimitations in the audit procedures described above and the further removed non-compliance
with laws and regulations is from the events and transactions reflected in the fjnancial statements, the less likely
we would become aware of IL Also, the risk of not detecting a material misstatement due to fraud is higher than
the risk of not detecting one resulting from error. as fraud may involve deliberate concealment by, for example,
forgery or intentional misrepresentations, or through collusion.
A further description of our responsibilities is available on the Financial Reporting Council's website at..
This description ftsrms part of our auditor's reporL
Use of Our Report
This report is made solely to the parent charity's trustees, as a body, in accordance Mrith Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the
parent charity trustees those matters we are required to state to them in an auditorfs report and for no other
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
the parent charity and the parent charity's trustees as a body. lor our audit work, for this repor( or for the
opinion5 we have formed.
Swd by..
4F568Cq3
838438
Saffery LLP
10 Wellington Place
Leeds
LSI 4AP
Statutory Auditors
Date..
19 June 2026
Saflery LLP is eligible to act as an auditor in terms ofsection 1212 of the Companies Art 2006
17

HYMERS COLLEGE
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
Unrestricted Restricted
Fullds
Funds
Endowment
Fulld
2025
Total
2024
Income
Note
Donations and le8acie5
35.259
97,140
132.399
191,125
Othertrading artivities
Investment income
120.269
120.269
141.275
86.432
86.432
42.148
Ch3ritsble artivitie5'.
Tuition and associated income
13,186.829
13.186.829
12.763.911
Ancillary trading incotne
130.921
130.921
120,719
Other incorning resources
40,231
40,231
32,708
Total income
13,599,941
97,140
13,697,081
13,291,886
Expenditure
Raising fund5'.
Fundraising
142.416
142.416
126,937
Trading cost ot good5 sold
{5031
(503)
13,406
Charitable activitie5'.
Tuition and associated costs
13,983.357
2,801
13,986,158
13,173,573
Other
Pension deficit reduction
COSts- interest
Expenditure pre restructuring costs
7,16
14,125,315
2,801
14.128.116
13.314.452
Restructuring costs
856.458
856,458
Total expendithre
14,981.773
2,801
14.984,574
13.314.452
Net (expenditure)/income
Ngt [expénditure)/income pre
restructuring costs
Tax on profit on rrading activities
Reme3sureTnent of pension defiit
Fund transfer
(1,381,832]
94,339
(1,287,493)
(ZZ,566)
[525,374J
94,339
[431,035J
[22,566J
[10,4021
[18,864}
166.440 1120,115)
(10,402]
(18.864)
[5,816)
12.164
16
17
(46,325)
Net movement In funds
(1,244.6581 {25,776)
(46,325) (1.316.759)
(16.218)
Fund balances broughi forward at
I Septetnber 2024
13.559,629
588,326
164,578
14.312.533
14.328.751
Fund balances carried forward at
31 August 2025
17
12,314,971
562,550
118,253
12.995.774
14.312,533
Analysi5 of the previous year by fi]nd is summarised in note 27.
All incoming resources and resources expended are derived from continuing activities. All gains and losses
recognised in the year are included above. There is no material difference between the net incoming resources
for the financial year stated above and their historical costs equivalents. Permanent endowment funds are held
for income generation and the governors do not have the power to spend the capital.

HYMERS COLLEGE
BALANCE SHEETS- 31 AUGUST2025
Group
202S
Group
2024
Charity
2025
Charity
2024
Note
Fixed assets
Tangible assets
Investments
io
12.908,436
13.673,786
11.337,816
1,179,743
12.024,718
1,179.743
12
Total fixed assets
12,908,436
13,673,786
12,517,559
13,204,461
Current assets
Stocks
17,812
27,916
17,812
27,916
Debtors
Cash at bank and in hand
13
1,217,111
1,691,460
673,730
2,472,150
1,939,4S3
1,663,869
1,383,808
2,437,233
Total current assets
2.926,383
3,173,796
3,621,134
3,848,957
Creditors- amounts falling
due wthin one year
14
(2,540,055) (1,889,302)
(2,55S,042)
(1,875,885)
Net current assets
386,328
1,284,494
1,066,092
1,973,072
Total assets less current
liabilities
Provision for pension deficit
Creditor5 due after one year
13,294,764
(16,1291
{282,861)
14,958,280
[4,443)
(641,304)
13,583,651
(16,1291
(282,861)
15,177,533
[4,443)
(641,304)
16
14
Total net a55ets
23
12,995,774
14,312,533
13,284,661
14,531,786
The funds of the charity..
Unrestricted income funds
Restricted fvnds
Other restricted funds
Centenary & I HyTners Bursary
Funds
Other funds
Endowment funds
E G Mallalieu Bursary fund
17
12,314,971
13,559,629
12,603,858
13,778,882
17,21
14.281
124,962
14,281
124,962
17,18
542.790
457.585
542,790
5,479
457,585
17,20
5,479
5,779
5,779
17,19
118,253
164,578
118,253
164,578
Total charity funds
17
12,995,774
14,312,533
13,284,661
14,531,786

DoGUSign Envebpe ID". 8D011C18-43E8-816&822C-96B56A924C03 HYMERS COLLEGE
BALANCE SHEETS- 31 AUGUST2025
The financial statements on pages 17 to 52 were approved by the Board of the Corporate trustee on
and were signed on their behalf by..
Svan￿by".
Dr l Kittmer
On behalf ofthe trustee Hymers College Trustee Limited
ABSB14FOBs￿4A&.

HYMERS COLLEGE
CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2025
2025
2025
2024
2024
Note
Net cash (oufflow) from
operating activities
[890,527)
[192,509)
Cash flows from financlng
activities (fees in advance)
683,063
1,208,078
Cash flows from investing
activities
Interest income
86,432
42,148
Proceeds from sale of tan&￿ble
assets
15.093
Purchase of tangible fixed assets
(674.751)
1526,806]
Net cash outtlow from investing
activities
[573.226)
1484.6581
Cash (oufflow)/inflow
[780,690)
530,911
Net funds at I September 2024
2,472,150
1,941,239
Netfundsat31 August2025
1,691.460
2,472,150

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2025
RECONCILIATION OF NET INCOMING RESOURCES TO NET CASH INFLOW FROM OPERATING
ACTIVITIES
2025
2024
Net loutgoingl resources
{1,316,759)
[16,218)
Depreciation
798,622
759,208
Impairment
626,386
Interest receivable
(86.4321
[42,148)
Unwinding of discounted pension provision
Pension deficit payTnent in year and rewsion to
contribution schedule
45
536
[7,2231
[10,753)
Increase/(decrease) in pension liability
18,864
[12,164)
Decrease/[increase) in stocks
10,104
17,544)
Ilncrea5el in debtors
1543,380)
(184.477)
Increase in creditors
292,309
529.129
Fees in advance
1683,0631 [1.208,078)
Net cash loufflowl from operating activities
1890,527)
(192.509)
ANALYSIS OF CASH AND CASH EQUIVALENTS
At 31 August
2024
At 31 August
2025
Cash flows
Cash- final term deposits
255,168
[36,350)
218,818
Cash- general accounts
1,594,819
(783,2211
811,598
Centenary/JH Bursary Funds
457,585
85,205
542,790
E G Mallalieu Bursary Fund cash
164,578
[46,3241
118.254
2.472,150
(780,690)
1,691,460
22

HYMERS COLLEGE
PRINCIPAL ACCOUNTING POLICIES
General information
Hymer5 College Charitable Trust is re￿stered with the Charity Cornmi%sion in England and Wales under the
registered number 529820. The address ol. the Charity's Registered Office and principal place of business is
shown on page 4.
Statement of compliance
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the
prepaT7tion of the financial statements are set out below. These policies have been consistently applied to all the
years presented, unless othenvise stated.The Chariryhas adopted FRS 102 and the Charities SORP FRS 102 in these
financial ststements.
Basis ofaccounting
The financial ststements have been prepared on the going concern basis, under the historical cost convention
modified for the revaluation ofcertain fixed assets at fair value and in accordance with Accounting and Reporting
by Charities.. Statement of Recommended Practice applicable to charities preparing their financial statements in
accordance the Financial Reporting Standard applicable in the UK and Republic of Ireland [FRS 102) leffective
I january 2019)- Icharities SORP (FRS 1021), the Financial Reporting Standard applicable in the UK and Republic
ol Ireland [FRS 102) and the Charities Act 2(111. A summary ofthe principal accounting policies, which have been
applied consistently, is set out below.
The Charity constitutes a public benefit entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the Charity.
Basis of consolidatio
The Group linancial statements consolidate the financial statements of Hymers College and its subsidiary
undertaknngs as listed in note 12, excluding all intra-group transactions and balances, from the date of acquisition
or fonnation and uniforrn accounting policies are adopted across the Group.
Golng Concern
In order to prepare the financial Statements on the going concern basis, the governors have completed detailed
linancial projections which take account of normal operating conditions and known variable factors which have
affected the forecast in the past In response to these challenge5 the governor5 have decided to evaluate a range of
financial outcome5 to enable theTn to confirm the charity has sufficient resources to continue as a going concern.
Pupil nuTnbers deterTnine the operating 5UTTrlus and cash flow of the College so that funding for essential
infrastructure work to maintain the quality of the education we can provide can be funded.
With effect from I September 2025, The School Shop IHull) Limited will become dormanL All activities, assets and
liabilities will transfer to Hymers College. As a result, The School Shop (Hull) Limited accounts have been prepared
on the basis that the company is no longer a going concern. This has no impact on the group or College going
concern position.
Tangible fixed assets and accumulated deprecladon
Tangible fixed assets are stated at historic purchase cost less accumulated depreciation. Cost includes the original
purchase price of the asset and the costs attributable to bringing the asset to its working condition lor its intended
use. The cost of tangible fixed assets is written off over their expected useful lives as follows..
Freehold land
Freehold property
Freehold property
Sports facilities
Musical instruments
Furnishings and equipment
Vehicles
Computer equipment
2.50h (Brick Building)- straight line
6.50h (Other) and 1096- straightline
IOOh- straight line
IOOh- straight line
1096- straight line
200h- straight line
33.3%- straight line
Assets with a cost below £500 are not capitalised.

HYMERS COLLEGE
PRINCIPAL ACCOUNTING POLICIES (CONTINUED)
Advanced fee payment (composition) scheme
The composition fees received represent a basic financial instrument and have been accounted for within
creditor5 at cost
Impairment of Fixed Assets
We have reviewed the carrying value of our r￿ed assets following the economic impact ofthe global
pandemic and concluded that there is no requirement currently to make any write down to our property assets
or any other assets, all of which are used in delivering the education provided by the College
Investsnent properties
Investment properties lincluding properties held under a finance leasel are initially measured at cost and
subsequently measured at fair value. Changes in fair value are recognised in the 5taternent of financial actiwties.
Stocks
Stocks are valued at the lower of cost and net realisable value.
Debtors
Trade debtors and other debtors are recogni5ed at the settlement amount due after any trade di5counL
Operating leases
All operating leases are charged to the profit and105s account on a 5ts7ight-line basis over the period of the lease.
Pen5ion5
Teaching stsffare members of the Teachers, Pension Scheme [Eng13nd and Wales) and Support staffare members
ofThe Pension's Trust Growth Plarn Contributions are charged to the Statement of Financial Activities in the period
in which they are payable. Where a contribution is required towards a reported deficit, the total eontribution,
where the cost cannot be avoided, 15 recognised in the Statement of Financial Activitie5 at a discounted rate. See
note 23 tor further details.
Fixed assetinvestments
Investments in subsidiary undertakings are sta￿d at cost and written down to their realisable value if it is
considered that there has been an impairment in their value.
Investsnent income
Income 15 included in the Statement of Financial Activitie5 on the following basis.. UK dividends and fixed interest
stocks when the income due is declared as being payable.
Bank and short-tern) deposit interest is accrued up to the accounting date.
Gifted assets, donations and legacies
Assets gifted to Hymer5 College are capitsliged at a reasonable estimate of their fair value and intluded as a
donation in the Statement of Financial Activities. Donations and bequests are recognised when the charity has
entitlement to the tunds. it is probable the income will be received, and the amount can be measured reliably.
Grants receivable
Major grants received towards the cost of acquiring fixed assets are included in restricted income and transfers
made to unrestricted funds as the asset is depreciated.
Fees and similar income
Feeg receivable and charges for serviteg, catering and use ofpremises are accounted for in the period in which the
seTvice is provided. Fees receivable are stated after dedurting allowances, bursaiies and other remissions granted
by the school. Fees received in advance are shown as deterred income.
Expenditure
All expenditure isaccounted for on an accruals basis and has been classified under headings thataggregate all costs
related to the category. Where costs cannot be directly attributed to particular heading5, they have been allocated
to activities on a basis consistentwith the use of the resources.

HYMERS COLLEGE
PRINCIPAL ACCOUNTING POLICIES (CONTINUED)
Governance costs
Governance costs include expenditure on administration of the Charity and compliance with constitutional and
statutory requirements, including audit and legal fees.
Irrecoverable VAT
The charity, Hymers College is not registered for VAT and claims the educational exemption. The charity's
subsidiaries are registered for VAT and any irrecoverable VAT is charged to the Statement of Financial Activities
or capitali5ed as part of the cost of the related asset, as appropriate.
Flnal term deposfits
Final term depa.%its are deposits placed when pupils join the school, which are offset against fees and
disbursements due for the last term that each pupil attends. All deposits are treated as deferred income. Parents
also pay a deposit for use ofpupil transport from oudying areas.
Recognition of liabilities
Liabilities are recognised when an obligation arises to transfer economic benefits as a resultof past transartions or
events.
Cash and cash equivalents
Ca%h and cash equivalents include cash in hand, deposiL% held at call ￿th bank5, Other 5hort-term highly liquid
investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, where
applicable, are shown within borrowing5 in current liabilitie5.
Provisions
Provisions are recognised when the Group has a present legal or constructive obligation as a result ofpast events.,
itis probable thatan outflow of resources will be required to settle the obligation,. and the amount of the obligation
can be estimated reliably.
Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is
determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an
outflow with respect to any one item included in the same class of obligation5 might be small.
Financial instruments
Financial assets
Basic fjnancial assets. including trade and other debtors. cash and bank balances and investments in commercial
paper, are recognised at transaction price.
If an asset is impaired the impairmentloss is the difference between the carrying amount and the present value of
the estiTnated cash flows discounted atthe asset's original effective interestT7te. The impairmentloss is recognised
in income or expenditure.
Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or Ios5,
except that investments in equity instruments that are not publicly traded and whose fair values cannot be
tneagured reliably are meagured at cost less impairment.
Financial assets a￿ derecognised when..
(a) the contractual rights to the cash flows from the asset expire or are settled, or
(b) substantially all the risks and rewards ofthe ownership of the asset are transferred to another party or
(c) despite having retained some significant risks and rewards of ownership. contml of the asset has been
tt7nsferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party
without imposing additional restrictions.

HYMERS COLLEGE
PIUNCIPAL ACCOUNTING POLICIES (CONTINUEDJ
Fin(7ncial liabilitffjes
Basic financial liabilities, including trade and other payables are recognised at transaction price.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course ol
business from Suppliers. Accounts payable are classified as current liabilities if payment is due within one year
or less. Il'not, they are presented as non-current liabilities. Trade creditors are recognised at transaction price.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation
is discharged, cancelled or expires.
The composition fees received represent a basic financial instrument and have been accounted for within
creditors at cost
Related party tran5actiolls
The Group discloses transactions with related parties which are not wholly owned within the same Group.
Where appropriate, transaction5 of a similar nature are aggregated unless, in the opinion of the directors,
separate disclosure is necessary to understand the effect of the transactions on the Group financial statements.
Fund accounting
Unrestricted Funds.. are those funds available for use at the discretion of the governors in furtherance of the
general objectives of the charity and which have not been designated for other purposes.
Designated Funds.. comprise Unrestricted Funds that have been set aside by the Governors for specific purposes.
Restricted Funds.. are fund5 that are to be used in accordance wth specific restrictions. Investment income and
gains are allocated to the appropriate fund.
PerTnanent Endowment Fund.. holds assets which generate income which is applied to meet the charitable
objectives of the College. There is no power to convert the assets held in this capital fund into income.
Linked Charity.. Hymers College is the reporting charity for E G Mallalieu Bursary Fund, a separate charity,
which was linked by Order of the Commission in 2006 for administration and accounting purposes. The
rinancial statements disc105e the endowed assets of this separate charity by note and its activities are disclosed
in the SOFA. Details of how the linked charity provides public benefit is explained in the Trustees ReporL
Critical judgeTnents and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors,
including expettations of future events that are believed to be reasonable under the eircumstanees. The
following critical judgement and key accounting estimates have been made.
Pensions
There are two pension schemes in operation for employees of Hymers College. The cost of these benefits and the
present value of the obligation depend on a number of factors. including,. life expectancy, salary increases, asset
valuations and the discount rate on corporate bonds. Management estimates these fattors in determining the
net pension obligation in the balance sheet. The assumptions reflect historical experience and current trends.
Fixed assets
The carrying value and useful economic lives of fixed assets.

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
NET INCOME FOR THE YEAR
2025
2024
Net income is ststed after charging amounts payable to the
auditors {including irrecoverable VAT) in respect of=
Group alld ChaTity
Audit services
Hymers College
30,000
28,000
- Teachers Pension Scheme
1,440
1,440
Taxation compliance and advisory services
8,000
7,000
ImpairTnent of fixed assets
626,386
Depreciation
798,622
759.208
DONATIONS AND LEGACIES
2025
2024
Donations
132,399
191.125
Included within the above are restricted donations of £97,14012024- restricted donations of £159.352). These
include a donation of £nil12024.. £87,774) from a restricted legacy.
OTHER TRADING ACTIVITIES
2025
2024
Hire of premises and facilities
55,758
78,818
Feed-in-Tariff
17.000
31,323
Corporate lettings income
36,429
21,025
Other income
11,082
10.109
120,269
141.275
Other trading activities are all unrestricted in both current and prior years.
27

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
EMPLOYEES
2025
2024
Group and Charity
Wages and Salaries
7,223,502
6,838,984
Social security costs
813.434
688,635
Other pension costs
1,362,584
1,263,374
9,399.520
8.790,993
The monthly average nuTnber of staff employed during the year was 187 (2024.. 192) which includes 89 (2024..
92) part time staff. Redundancy payment of £212k were made in the year relating to 12 employees.
The monthly average nun]ber of staff analysed by function is as follows..
2025
Number
2024
Number
Average monthlynumber of personnel
Teaching staff
iii
iii
Administration
22
23
Technicians
15
16
Welfare
Grounds and maintenance
Cleaning and catering
18
18
Sports Centre
14
187
192
No governor received emoluments in the year or in the preceding year. Governor indemnity insurance is
included in a blanket liability policy. Expenses amounting to £344 [2024.. £951 were reimbursed in the year to
Governors.

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
EMPLOYEES {CONTINUED)
31/812025
31/8/2024
The number of employees who received emoluments
in excess of £60,000 were..
£60,000
£70.000
io
io
£70,001
£80,000
£80,001
£90.000
£90,001 - £100,000
£100,000- £120.000
£120,000- £140,000
Aggregate pension costs for these staff amounted to £263,379 [2024.. £215,392).
Key management includes the Core Senior Leadership Team. The compensatitsn paid or payable to key
management for employee 5ervice5 15 shown below..
2025
2024
Total key management personnel remuneration
473.058
439,652
5. TUJTJON AND ASSOCIATED JNCOME
2025
2024
Gross fees from parents or guardians (Incl. Music Registrationl
14,696,904
13,942.183
Les5.' total bursaries, grants and allowances
[1,536,079)
[1,204,363)
13,160,825
12,737,820
Catering income
13.004
13,091
Grants received
13,000
13,000
Net fees
13,186.829
12,763,911
The Governors are pleased to record their appreciation for support provided by the EG Mallalieu Bursary Fund
a linked charity, and James Reckitt Trust towards the fees of remission holders.
There was a total of 86 students12024.. 103) who received remission of fees in full or in parL Of these,
£1,141,534 related to means tested bursaries (2024.. £1,146,054).

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
2025
2024
Anclllary tradlng Income
Examination fees and other income
67,629
57,660
NCS income
63.292
63,059
130.921
120,719
6. TAX ON PROFIT ON TRADING ACTIVITIES
2025
2024
Major components of tax expense
Current tax..
UK current tax expense
Adjustments in respect of prior periods
10.402
5,816
Tax on profit
10.402
5,816
30

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
7. EXPENDITURE
Staff costs Other costs
Depreciation Governance
and support
cost
allocation
2025
2024
Fundraising
112,626
29,790
142,416
126.937
Trading costs
(503)
1503)
13,406
Costs of generating fvnds
112,626
29,287
141,913
140,343
Tuition
7,538,003
1,474,175
913,261
9,925,439
9,476,172
Welfare
93,622
588,853
69.160
751,635
750.997
Premises and equipment
Remission, scholarships and
costs
Governance, NCS and
support cost allocation {see
note 8)
854,758
1,351,228
798,622
304,476
3,309,084
2,946,404
800,511
486,386
(1,286,897)
Tuition and associated
costs
9.286,894
3,900,642
798,622
13,986.158 13,173.573
Pension deficit costs (see
notes 16.23)
Exceptional costs
45
45
536
856,458
856,458
Other Costs
856,503
856,503
536
Totsl costs
9.399,520
4,786,432
798,622
14,984.574 13,314.452
Supportcosts, primarily representing the costs of the Finance and Operations department, relate to the principal
charitable activity.
31

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
7. EXPENDITURE (CONTINUED)
Other costs com
rise
2025
2024
Subsidiary companies costs of sale5
Pension deficit- interest payable
Educational and transport costs
IT costs
[503)
45
13,406
536
998,051
979.488
300,851
260.448
Welfare- medical costs
14,708
20.990
Catering costs
599,246
601,922
Cleaning
Rates and water
77,112
88,303
286,419
27,803
Insurance
106,038
91,735
Heating and lighting
Repair5 and rnaintenance
Security
453,292
612,056
561,214
348.870
40,149
30,783
Exam fees
135,995
116,045
Marketing and prospectus
Governance and support costs
NCS expenses
Recoverable VAT on expenditure incurred in prior years
29,790
35,237
471,074
526,301
15,312
10,328
1158,819)
3,929,974
3,764,251
Staff restructuring costs
Fixed asset impairment
Relocation costs
179,942
626,386
50,130
856,458
Total other costs
4,786,432
3,764,251
32

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
8. GOVERNANCE AND SUPPORT COSTS
2025
2024
Audit services
30,000
4,389
58,368
64,770
148,190
35.000
8.291
52.126
64,268
139,423
76,067
27.755
613,471
31.980
23.971
52.460
57,268
Financial advice and accountancy
Legal fees
Professional fees
Other Tniscellaneous expenses and supplies
Printing and stationery (allocated to departments in currentyearl
Bank charges
Administrative staff costs
24,077
764,210
36,301
23,807
71,226
61,559
Governance staff costs
Telephone
Other marketing
Insurance
1,286,897
1,182,08
Apportionment ofgovernance and support costs
The Charity initially identifies the costs ol'its support functions. It then identifies those costs which relate to the
governanee function. Having identified its governance costs, the remaining support costs together with the
governance costs are apportioned between the two key charitable activities (see note 71 in the year. Governance
and supportcosts have been allocated to the two key charitable activities in proportion to the total costs ol'those
charitable activities.
Governance
Support
2025
2024
Audit and accountancy
Financial advice and accountancy
Legal fees
Professional fees
Other miscellaneous expenses
Printing and stationery
Bank tharges
Administrative staff costs
30.000
4,389
58.368
64.770
4.530
30,000
4,389
58,368
64,770
148,190
35,000
8,291
52,126
64,268
139,423
76,067
27,755
613,471
31,980
23,971
52,460
57,268
143,660
24,077
764.210
24,077
764,210
36,301
23,807
71,226
61,559
Governance staff costs
Telephone
Other rnarketing
Insurance
36,301
23.807
71,226
61.559
198,358
1,088,539
1,286,897
1,182,080
33

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
9. TAXATION
The Charity is registered with the Charity Commission and as such is entitled to certain tax exemptions on
income and gains from investments, and surpluses on any trading activities carried on in furtherance of the
Charity's primary objectives, if these surpluses are applied solely for charitable purposes. The Charity is VAT
registered.
10. TANGIBLE FIXED ASSETS
Freehold
investment
property
College site and
buildings, plant
and machinery
Furnishings,
equipment and
vehicles
Group
Total
Cost/valuation
I September 2024
Additions
290.000
22,677,913
548,577
3,926,538
126,174
119,687)
26,894,451
674,751
119.687)
Disposa15
31August 202S
290,000
23,226.490
4,033,025
27,549,515
Accumulated depreciatioll
I September 2024
Charge in year
Impairment
Disposa15
10,099,002
552,646
626.386
3,121,663
245.976
13,220,665
7fj8,622
626,386
(4,594)
(4,594)
31 August 2025
11,278,034
3,363,045
14,641,079
Net book value
31 August 2025
290.000
11,948,456
669,980
12,908,436
31 August 2024
290.000
12,578.911
804,875
13,673,786
The Charity had capital commitments of£nil (2024.. £nill as at the year end.
34

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
10. TANGIBLE FIXED ASSETS (CONTINUED)
Freehold
investment
property
College 51te and
buildings, plant
and machinery
Furnishings,
equipment and
vehicles
Charity
Total
Cost/valuation
I September 2024
Addition5
Disposals
290.000
20,240.784
548,577
3,629,255
126,174
119,687)
24,160,039
674,751
[19,687)
31August 2025
290.000
20,789.361
3,735,742
24,815.103
Accumulated depreciation
I September 2024
Charge in year
Impairment
Disposals
9,024,038
474.198
626.386
3,111,283
245,976
12,135,321
720,174
626,386
(4,594)
(4.594)
31August 2025
10,124.622
3,352,665
13,477.287
Net book value
31 August 2025
290,000
10,664,739
383,077
11,337,816
31 August 2024
290,000
11.2 16.746
517,972
12,024,718
The freehold investment property was donated to the Charity in September 2014 and its value at that time was
£300,000. The property wa5 subsequently revalued by an independent firm of Chartered Surveyors on 12
October 2018. The Governors do not believe the value of the investment property is materially different as at 31
August 2025.
Tallgible assets held at valuation
In relation to the tangible assets held at valuation, the aggregate cost. depreciation and Comparable carrying
amount that would have been recognised if the assets had been carried under the historical cost rnodel are a5
follows..
Freehold
investment
property
At31 August2025
Aggregate cost
Aggregate depreciation
300,000
Ca￿￿ng value
300,000
At31 August2024
Aggregate cost
Aggregate depreciation
300,000
Carrying value
300,000
35

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
11. OPERATING LEASE COMMITMENTS
The Group leases 212024.. nil) vehicles. 1212024.. 111 photocopiers and l {2024.. 11 water coolers under non-
cancellable operating lease agreements.
The total future minimum lease payments due are as follows..
Group
2025
2024
Payable within l year
Payable later than l year, less than 5 years
48,938
145,130
28,117
67,052
Charity
2025
2024
Payable within l year
Payable later than l year, less than 5 years
48,938
145,130
28,117
67.052
12. INVESTMENTS
Charlty
Investments in
sub.sidiary
undertakings
Cost
31 August 2025 and 2024
1.179,743
Provision
I September 2024
Reversal ofimpairment
31 August 2025
Net book amount 31 August 2025
1,179,743
Net book amount 31 August 2(124
1.179,743
36

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
12. INVESTMENTS (CONTINUED)
The subsidiary undertakings of the Charity are..
Country of
reglstratlon
Company
number
Proportion of
shares
Principal
actlvlty
The College Enterprises
(Hull) Limited
The School Shop (Hull)
Limited
England
02583012
loo%
Property letting
England
02349803
loo%
Equipment
rental
Botanic Sidings Limited
England
03796732
IOOOkn Sport5 facilities
All the subsidiaries provide facilities or goods in connection with the Charity's activities.
The Governors believe that the carrying value of the investments (which relates predominately to Botanic
Sidings Limited) is SuppOr￿d by their underlying net assets. The School Shop (Hull) Limited ceased trading in
the year.
The trading results and net assets, as extracted from the audited financial statements, are summarised below.
(Loss)I
Profit
Aggregate
assets
Aggregate
Net assets/
(liabilitie5)
Income
Expenditure
Botanic Sidings Limited
66,563
[133,365)
{66,802)
1,029,378
[109,965)
919,413
The College Enterprises
(Hull) Limited
41,000
140,056)
944
607,627
[602,136)
5,491
The School Shop [Hulll
Limited
41,000
144,779)
[3,779)
13,982
[48,031)
(34,0491
2025
148,563
[218,200)
{69,637)
1,650,987
[760,132)
890,855
2024
155,532
[205,454)
{49,922)
1,702,036
[741,544)
960,492
37

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
13. DEBTORS
Group 2025
Group 2024
Charity 2025
Charity 2024
Due within one year
Trade debtors
530,859
361,750
527,918
727,034
38,689
477,557
168.255
360,110
711,856
41,790
270,052
Amounts owed by group undertakings
Other debtors
38,827
480,976
166,449
41,928
270,052
Prepayments and accrued income
VAT
1,217,111
673,730
1,939,453
1.383,808
14. CREDITORS- AMOUNTS FALLING DUE WITHIN ONE YEAR
Group 2025
Group 2024
Charity 2025
Charity 2024
Trade creditors
Amounts owed to group undertaking5
T￿ation and social security
Accrua15
Deferred income
762,332
181,354
762,012
33,532
285,203
2fj8,477
665,336
400,202
110.280
180,750
288,965
309,518
665,336
400,202
113,702
300,385
185,583
323,176
566,775
332,029
300,38S
174,619
323,176
566,775
330,180
Composition fees
Other creditors
2.540,055
1.889,302
2,555.042
1.875,885
CREDITORS- AMOUNTS FALLING DUE AFTER ONE YEAR
Group 2025
Group 2024
Charity 2025
Charity 2024
Composition fees
The composition fees are expected to mature as follows..
Within one year- £400.202
Within one to two years- £177,651
Within two to five years- £97.580
Plus 5 years- £7,630
38

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
15. FINANCIAL INSTRUMENTS
The group has the following financial instruments..
Financial assets that are debt
instruments measured at
amortised cost
Trade debtor5
Amaunts owed by group
undertakings
Other debtors
VAT
Grnup 2025
Group 2(124
Charity 2025
Charity 2024
530,859
361,750
527,918
360,110
727,034
711,856
38,827
166,449
41,928
38,689
168,255
41,790
736,135
403,678
1.461,896
1.113,756
Financial liabilities that are debt
instruments measured at
amortised Cost
Trade creditors
Amounts owed to group
undertakings
Accruals
Other creditors
Group 2025
Group 2024
Charity 2025
Charity 2024
762,332
181,354
762,012
180,750
33,532
309,518
113.702
185,583
332,033
298,477
110,280
174,619
330,181
1,185.552
698,970
1,204,301
685,550
There are no financial in5trurnents measured at fairvalue.
39

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
16. PROVISION FOR LIABILITIES AND CHARGES
The provision in respect ol the pension deficit relates to both the Group and the Charity, which has been
explained within note 24.
Provision in
respect of
pension deficit
reduction 2025
Provision in
respect of
pension deficit
reduction 2024
I September 2024
Increase in the year
Unwinding of discount
Payment made in year
Amendments to contribution schedule
4,443
18,864
45
{7,223)
26,824
(12,164)
536
[10,7531
31 August 2025
16,129
4,443
17. FUNDS
Group Funds
Unrestricted
income funds
I September 2024
Income
Expenditure. gains, losses and transfers
Transfer to as51St with the purchase of fixed a5set5
13,559,629
13,599,941
115,011,039)
166,440
31 August 2025
12,314,971
Group Funds
Unrestricted
income ￿rtds
I September 2023
Income
13,639,419
13.132,534
{13.307,918)
95,594
Expenditure, gains, losses and transters
Transfer to as51St with the purchase of flxed a5set5
31 August 2024
13,559,629

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
17. FUNDS (CONTINUED)
Group Funds
Restricted income
Mallalieu
Bursary
Fund-
endowment
Other
Restricted
tunds
Centenary
&IH
Other
funds
Endowment
fund
Bursary
Fund5
Total
I September 2024
164,578
124,962
457,585
5,779
752,904
Income
97,140
97,140
Expenditure, gains,
losses and transfers
(2.484)
[17)
1300)
(2.801)
Fund transfers
[46,325)
(108.197)
{11.918)
1166.4401
31 August 2025
118,253
14,281
542,790
5,479
680,803
Unrestricted income fund5
12,314,971
Restricted income funds
(including linked charity)
680,803
Total fi]nd5
12,995,774

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
17. FUNDS [CONTINUED)
Group Funds
Restricted income
Other
Restricted
funds
Centenary
&IH
Mallalieu
Bursary
Fund
Other Endowment
funds
fund
Bursary
Funds
Total
I September 2023
164,578
126,182
394,068
4,504
689,332
Income
94,374
63,703
1.275
159,352
Expenditure, gains,
losses and transfers
(186)
(186)
Fund transfers
195,594)
195,594)
31August 2024
164,578
124,962
457,585
5,779
752,904
Unrestricted income funds
13,559,629
Restricted incoTne funds
(including linked charity)
752,904
Total fullds
14,312,533
42

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
17. FUNDS (CONTINUED)
Charity Funds
Restricted income
Other Centenary
Restricted & IH
funds Bursary
Funds
Mallalieu
Bursary
Fund
Endowment
Fund
Other
Funds
Total
I September 2024
164.578
124,962
457,585
5.779
752,904
Incorne
97,140
97,140
Expenditure. gains,
losses and transfers
(2,484)
[17)
1300)
(2,801)
Fund transfers
[46,325)
[108,197)
{11,918)
[166,4401
31August 2025
118.253
14,281
542,790
5.479
680,803
Unrestricted income funds
12,603,858
Restricted income funds
(including linked eharityl
680,803
Total funds
13,284,661

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
17. FUNDS (CONTINUED)
Charity Funds
Restricted income
Other
Restricted
funds
Centenary
Mallalieu
Bursary
Fund
&IH
Bursary
Funds
Other
fund5
Endowment
fund
Total
I September 2023
164.578
126,182
394,068
4.504
689,332
Incorne
94,374
63,703
1,275
159,352
Expenditure. gains,
losses and transfers
[186)
(186)
Fund transfers
[95,594)
195,594)
31August 2024
164.578
124,962
457,585
5.779
752,904
Unrestricted income funds
13,778,882
ReStriC￿d income funds
lincluding linked charity)
752,904
Total thnds
14,531,786
There is no requirement to include the Charity's Statement of Financial Activities within these financial
statements. The College's grtsss income for the year was £13,588,85812024.. £13,281,777). The net income and
decrease in funds for the year was £1,247,125 (2024.. -£117,612).

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
18. CENTENARY AND IOHN HYMERS BURSARY FUNDS
Group and Charity
2025
2024
I September
Bequests, donations and accrued interest
Applied for bursaries during the year
Fund transfers
457,585
97,140
(17)
[11,918)
394,068
63,703
(186)
31 August
542,790
457.585
The Centenary Bursary Fund was set up to provide bursaries at the discretion of the Headmaster. It consists of
restrirted funds donated for the purpose.
The John Hymers Bursary Fund was launched to provide future support for assisted pupils.
19. LINKED CHARtTY: E G MALLALIEU BURSARY FUND
Group and Charity
Bursary,
Scholarship
Funds
Property
Fund
2025
2024
I September 2024/2023
Interest
46,325
118,253
164,578
164,578
Transfer to bursary fund
[46,325)
[46,325)
31August 202512024
118.253
118,253
164,578
The EG Mallalieu Bursary Fund is a separate charity registered in 2006 and linked to Hymers College by the
Charity Commission for administration and accounting purposes. Therefore, the assets ol. the charity are
reported in these accounts, but separately identified. The purpose of the charity is to advance the education of
persons who are disadvantsged by reason of their social and economic circurn5tances by giving financial
assistance for such persons to attend the school. The Howard-mallalieu Scholarship Fund, a sub-l'und, was
established to assist such pupils rnowng to university education.
The capital ofthe E G Mallalieu Bursary Fund is held as an endowment and the income produced from this will
be used to provide hursarie5 hy the trustee, Hymers College Trustee Limited. A funds transfer has been rnade
during the year froTn the endowment fund to the restricted fund to be applied for bursaries.
This fund is reported as an asset of Hymers College because the charities have the sarne trustee and the financial
contribution the college receives from bursaries towards its charitable purpose.

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
20. OTHER FUNDS
Group and Charity
Prize
Funds
2025
2024
I September
Donation, gift aid and
interest
5.779
5,779
4,504
1,275
Cost
[300)
[300)
31 August
5.479
5.479
5,779
The development donations have been given towards the I'uture development ofthe premises of the Charity and
include receipts from the Hymers Campaign launched in Ortober 2013. Duringthe year single and recurring gift5
were received Some gift-aided. The entire fund ha5 been utilised on charitable objectives and the appropriate
transfer made to unrestricted income funds.
ZI. OTHER RESTRJcfED FUNDS
Group and Charity
2025
2024
I September
Bequests. donations and accrued interest
Costs
124,962
126.182
94.374
12,484)
{108,197)
Fund transfer5
195,594)
31 August
14,281
124,962
The above funds relate to funds held for bursaries and capital expenditure.
22. ENDOWMENT FUND
The Permanent Endowment Fund comprises a gilt ol'endowment ol'land and buildings extending to 8.43
hertares situated to the south of Sunny Bank and the west of Hymers Avenue. No value has been ascribed to
this fund due to its historical nature.
There is no power vested to the Governors to convert the capital, made up of land and buildings into income.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)

HYMERS COLLEGE
23. ANALYSIS OF NET ASSETS BETWEEN FUNDS
The net assets are held for the various funds as follows..
Net current
assets/
Group 31 August
202S
Fixed asset
investments
Tangible fixed
assets
Pensions
deficit £
Total
Restricted and
endowed fund5
680,803
680.803
Unrestricted funds
12,908,436
[577,336)
[16,129)
12,314,971
12,908,436
103,467
116,129)
12,995.774
Net current
assets/
Charity 31 August
2025
Fixed asset
investtnents
Tangible fixed
assets
Pensions
deficit E
Total
Restricted and
endowed funds
680,803
680,803
Unrestrirted fund5
1,179,743
11,337,816
IOZ,428
[16,129)
12,603,858
1,179,743
11,337,816
783.231
116,129)
13.284,661
Net current
assets/
Group 31 August
2024
Fixed asset
investments
Tangible fixed
assets
Pensions
deficit £
Total
Restricted and
endowed funds
752,904
752,904
Unrestricted funds
13,673,786
[109,714)
(4,443)
13,559.629
13,673,786
643,190
(4,443)
14,312,533
47

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
23. ANALYSIS OF NET ASSETS BETWEEN FUNDS (CONTINUED)
Net current
assets/
Iliabilities) Pensions
deficit £
Charity 31 August
2024
Fixed asset
investments
Tangible fixed
assets
Total
Restricted and
endowed funds
752,904
752.904
Unrestricted fund5
1,179,743
12,024,718
578,864
(4,443)
13,778,882
1,179,743
12,024,718
1,331,768
(4,443)
14,531,786
24. PENSIONS
There are two pension schemes in operation for employees of Hymers College. These are The Pensions Trust
Growth Plan for support staff and the Teachers, Pension Scheme for teaching staff.
The total pension cost to the Charity for the year was £1,362.584 (2024= £1,263,374].
Both 5cheme5 are multi-employer 5cheme%. It is not possible for the Charity to obtain sufficient information to
enable it to account for the schemes as delined benefit schemes. Therelore, itaccounts lor the schemes as detined
contribution schemes in line with paragraph 17.18 of the Charities SORP 2019 IFRS 102).
The Pensions Trust Growth Plan
The Charity participates in the scheme which provides benefits to some 950 non-associated participating
employers. The scheme is a defined benefit scheme in the UK
The scheme 15 subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30
December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial
Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit
occupational pension schemes in the UK.
The scheme is cla5%ified a5 a 'last-man standing arrangement,. Therefore, the Charity is potentially liable for
other participating employers, obligations if those employers are unable to meet their share of the scheme deficit
lollowing withdrawal from the seheme. Participating employers are legally required to meet their share of the
scheme deficit on an annuity purchase basi5 on withdrawal from the Scheme.
A full actuarial valuation for the scheme was carried out at 30 September 2013. This valuation showed assets of
£514.9m, liabilities of £531.Om and a deficit of £16.ITn. To eliminate this funding shortfall, the trustee has asked
the participating employers to pay additional contributions to the scheme as lollows..
Deficit contributlons
From l April 2019 to 31 January 2025.. £1,200,000. The recovery plan contributions are allocated to each
participating employer in line with their estimated share of the Series l and Series 2 scheme liabilities.
Where the scheme i5 in deficit and where the charity has agreed to a deficit funding arrangement the charity
recognises a liability for this obligation. The amount recognised is the net present value of the deficit reduction
contributions payable under the agreement that relates to the deficit. The present value is calculated using the
discount rate detailed in these disclosure5. The unwinding of the discount rate is recognised as a finance cosL

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
24. PENSIONS (CONTINUED)
The Pensions Trust Growth Plan (continued}
Present values ofprovisions
31 August 2025
31 August 2024
31 August 2023
16,129
4,443
26,824
Assumptffjons
The discount rate used was 4.37Yo [2024.. 5.130/0) and is the equivalent single discount rate which, when used to
discount the future recovery plan contributions due, would give the same results as using a full AA corporate
bond yield curve to discount the same recovery plan contributions.
The following schedule details the deficit contributions agreed between the Charity and the scheme at each
year end period..
Year ending
31 August 2025
£OOOs
31 August 2024
£OOOs
31 August2023
£OOOs
Year I
li
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
The Charity must recognise a liability measured as the presentvalue of the contributions payable that arise from
the deficit recovery agreement and the resulting expense in the income and expenditure account i.e. the
unwinding of the discount rate as a finance cost in the period in which it arises.
It is these contributions that have been used to derive the Charity's balance sheet liability.
Contribution5 are made at the following rates..
Employee
Employer
Automatic Enrolment Opted in
Autornatic Enrolment Opted out
50
5%
30kn
1096
As at the balance sheet date there were 81 (2024.. 761 active members of the Growth Plan in Series 4 ofthe Plan,
of whom 31 [2024.. 35) are members of the minimum contribution scheme. This series carries no form ofcapital
guarantee and is still regarded as a defined contribution scheme. Future support staff appointments will also be
enrolled into this series. There are 12 (2024.. 12) members and a number of deferred members or pensioners
also have investments in previous series, and it ig these previous contributions to which this further liability
attaches.
All expense and liability 15 311ocated to unrestricted funds.

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
PENSIONS (CONTINUED)
Teachers. Pension Scheme
The TPS is an unfunded multi-employer defined benefits pension scheme governed by The Teachers, Pensions
Regulations 2010 las amended) and The Teachers, Pension Scheme Regulations 2014 las amended). Members
contribute on a'pay as you go~ basis with contributions from members and the employer being credited to the
Exchequer. Retirement and other pension benefits are paid by public funds provided by ParliamenL
The employer contribution rate is set by the Secretary of State followng scheme valuations undertaken by the
Government Actuary's Department. The most recent actuarial valuation ofthe TPS was prepared as at 31 March
2020 and the Valuation Report was published in October 2023.
Following the Mccloud judgement. the remedy proposed that when benefits become payable. eligible members
can select to receive them from either the reformed or legacy scheTnes for the period l April 2015 to 3 1 March
2022. The actuaries have assumed that members are likely to choose the option that prowdes them with the
greater benefits, and in preparing the 2020 valuation has valued the 'greater value, benefits for groups of
relevant Tnembers.
The employer contribution rate is set by the Secretary of State following scheme valuations undertaken by the
Government Actuary's DepartmenL The most recent actuarial Yaluation ofthe TPS was prepared as at 31 March
2020 and the Valuation Report was published in October 2023. The Valuation Report shows notional assets of
£222.2bn and liabilities of £262bn, resulting in a scheme deficit of £39.8bn.
The employer contribution rate for the TPS is 28.60A, and employers are also required to pay a scheme
administr3tion le￿Y of 0.080/0 giving a ttstal employer contribution rate of 28.68 %.
The charity also contributes to two group personal pension plans for support stsff, the costs of which are also
tharged directly to the gtatement of financial activities.
25. RELATED PARTIES
In the year 3 Governors (2024.. 5) and 4 people with significance influence (2024.. 4) over the Charity had
children enrolled at the college at the date of the financial statements. The fees charged in respeet of their
education are at the normal, arm's length rate5. No governors received payment froTn the Charity except in
reimbursement of allowable expenses.
Due to the nature of the Charity's operations and the composition ofthe Board of Governors Ibeing dT7wn from
local public and private secior organisations) transactions may occasionally take place with organisations in
whieh a member of the Board of Governors may have an interest. All such transaLtions involving organisations
in which a member of the Board of Governors may have an interest are conducted at arm's length and in
accordance with the Charity's financial regulations and normal procurement procedures.
Transactions between the Charity and its subsidiaries during the year are as follows..
2025
2024
Income..
Interest receivable- The College Enterprises (Hulll Limited
Ground rent- The College Enterprises (Hulll Limited
Management charges- Botanic Sidings Limited
Interest receivable- Botanic Sidings Limited
Interest receivable- The School Shop (Hulll Limited
38.047
38,151
1,000
31.188
2.194
320
31,188

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
25. RELATED PARTIES {CONTINUED)
Expenditure..
Office costs- The School Shop (Hull) Limited
Rent- The School Shop IHulll Limited
Facilities hire- Botsnic Sidings Limited
Rent- Botanic Sidings Limited
41.000
54.930
551
41,000
62,871
551
Intra-group balances between the Charity and its subsidiaries at the year end are as follows..
2025
2024
Amounts owed by group undertakings..
The SLhool Shop (Hull) Limited
The College Enterpri5e5 (Hull) Limited
Botanic Sidings Limited
32.000
589,536
105,498
32,320
589,536
90,000
727,034
711,856
Included in the amount owed by The School Shop (Hull) Limited is a loan balance of £32,00012024.. £32,000)
which is subject to interest at a rate of 1% per annum. Included within the amount owed by The College
Enterprises [Hulll Limited is a loan balance of £580,050 (2024.. E580,050) that bore interestat 6.5% per annuTn,
which was repayable on or after 31 luly 2015 and is secured on the assets of the subsidiary undertaking.
Included in the amount owed by Botanic Sidings Limited is a loan of £80,000 (2024.. £90,000) which is subject
to interest at a rate of 2.5% per annum.
2025
2024
Amounts owed to group undertakingg..
The School Shop (Hull) Limited
The College Enterpri5e5 (Hull) Limited
9.275
24,257
33,532
26. POST BALANCE SHEFf EVENTS
There are no post balance sheet events to note.

HYMERS COLLEGE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARENDED 31 AUGUST 2025 (CONTINUED)
27. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES
Unrestrirted
Funds
Restricted
Funds
Endowrnellt
Fund
2024
Totsl
Income
Note
Donations and legacies
31,773
159,352
191,125
Oiher trading activities
141,275
141,275
Investment income
42,148
42,148
Charitable artivities..
Tuition and associated income
12.763,911
12,763,911
Ancillary trading income
120,719
120,719
Other incoming resources
32,708
32,708
Total income
13,132,534
159,352
13,291.886
Expenditure
Raising funds..
Fundrnising
126,937
126,937
Trading cost olgoods sold
13,406
13,406
Charitable activities..
Tuition and associated costs
13.173,387
186
13,173,573
Oiher
Pension deficit redurtion
costs- interest
7,16
536
536
Total expertditure
13,314,266
186
13,314,452
Net income
1181,732)
159.166
(22,566)
Tax on profit on trading activities
15,816)
(5.816]
Remeasurement of pension deficit
16
12,164
12.164
Fund transfer
17
95,594
[95,594}
Net movement In funds
(79,790)
63.572
(16.218)
Fund balances brought forward at
I September 2023
13,639,419
524,754
164,578
14,328,751
Fund balances carried forward at
31 August 2024
17
13.559,629
588.326
164,578
14,312,533
52