REGISTEREI D COMPANY NUMBER: NIU12003 (Northern Ireland)
REGISTF.RED CHARITY NUMBER.. 103712
Report of the Trustees and
Audittd fiiiianeial Statemtnts
ror the Year Ei nded 31 August 2023
for
HOLYWOOD STEINEII SCHOOL LIMITED
M.B.McGrady & Co
Chartered Accoiintants
Statutoiy Auditors
Suite 2B
Cadogan Flouse
322 Lisbui'n Road
Belfast
Co. Antriin
BT9 6GH

HOLYWOOD STEINER SCHOOL LIMITED
Contents of the Fijianeial Statenients
FOR THE YEAR ENDED 31 AUGUST 2023
Page
Report of the Trustees
I to 8
Statetnent of Tru5tee5' R¢sportsibilities
Report of the Independent Auditoi's
10 to 13
statement of Financial Activitie5
14
Klalanc¢ Sheet
15
CAsh Floiv Statem¢Dt
16
Notes to the Financial Statement5
17 to 28
Detailed Statement of Fiiiancigl Activities
29 to 30

HOLYWOOD ￿ElNER SCHOOL LIMITED
Report of the Trustees
FOR THE YIAR ENDII D 31 AUGUST 2023
The trustees who are also dire¢tOJS Df the chaiity for the purposes of the Coinpanies Act 2006, pi'esent their repoit with
the financial stateinenis of the charity for the year ended 31 August 2023. The trnstees have adopted the provisions of
Accrjunting and ReporLing by Charsties.. Statcrncnt of Recoinmended Pi'actice appliLable to charities prepai'sng theii.
account5 in accoimlance with the Financial Reporting Standard applicable in ihe UK and Republic of Ireland (FKS 102)
(effective l January 2019).
The RepoTt of the Trustees incorporates the Stiategic Report.

HOLYWOOD STEINER SCHOOL LIMITED
Rcporl of the Trustees
FOR THE YEAR ENDEID 31 AUGUST 2023
OBJECTIVES AND ACTIVITIES
Objectives 2nd aims
Introduetion
Foiinded in 1975, Holywood Steinei. School (HSS) operates as a co-educational and independent school that offers the
Steiner Waldoi'f curi'iculum for sthdents aged from 3 to 17 y¢ai'5 Old.
Unlike Inainstiram education, the Waldorf Inodel provides tlie tiine and space for each child tL) leai'n and grow at their
own pace. allowing thetn to fully grasp a concept or achieve a skill when they are i"eady. The school sti'ives to provide a
Yich, diverse and integi'at¢d edllcation, where cooperation takes priority over competition.
HSS is a member of the Steiner Waldoj'f Schools Fellowship of the United Kingdoill (UK) and Ireland. Tlie Fellowsliip
Ippres¢iits 31 schools and co-ordinates Steitier curi'iculuin I'esearch and developTt]¢nt, support5 teacher training
PI'O&TIDiiTrri)es, and provides advisory atjd met)toring services to Ineinber schoo15. The Fellowship 19 part of the
international Eui'opean CoLfftciI for Steiner WAldoi'f Education (ECSWE.) comprising 26 national Steinei. Waldorf
AssociatioiTrs, i'Epre5entitLg over 680 s¢hools in Europe.
Mi55ion, Vision ￿nd Value5
HSS'S i￿lSsion is to "inspire students through the dclivery of the Steiner Waldorf Cu¥riculLlln and develop a strong
connection between childreR and thetr teachers"
Its vision is to'engage the head, the heajl, and the hai)ds, entlJuse the cliild with cui'iosity and a sense of wonder for the
world and inspire a love of leai'ning that will 12t5t a lifetiine"
HSS, values are set out below..
Acceptsnce . we recognise our responsibility to nurture the child. We 31tn to pr¢par¢ students for life in a culturally
diveTs¢ society by developing tolerant. ai'ticulate, Jnotivaied and mature individuals.
ConnedÈon - a Ineaiiingful relationship is fostei'ed between the child, teacher, and ¢lass. Parents al'e iinmersed into tl)eii'
child's School life artd fi'equently involved within tlie school coiiiinunity.
Love of l¢arning - we ¢ncourage all childreD, regai'dless of ability, to find the joy in leorning, to believe in theinselves
aiid to be motivated to succeed in their chosen path in lift.
Independeiice - ouy pi's01'ity is to support every ch51d and provide them wiih fum foundations so that they can develop
inio fire thinkino morally responsible. and confident tneinbei'g of society.
The Boai'd of Trustees hos followed the guidance issued by the Charity COl￿n)iSsion in deciding what activities the
chw'ity should undertake. The objective lor the school during the year was to coniinue to provide a quality Steiner
Waldoi'f ediication in the Early Year5 and Lowei. School and to pi'ovide a balanced and quality education iii the Upper
School based on both Steiper Waldorf and National Currieiilums. The oiigoing support of the College of Te8chers' and
Iheii. continuous work ensiii'es the essence of the Steaner Waldoif Cun'iculuin i'emains strong the school.
additional objective was to further develop the school's strategie plan and to continue to increase the nuiiiber of
students enrolled while InaintasTriiig an environinent conducive to delivei'ing a quality Sreinei. Waldoi'f education.

HOLYWOOD STEINER SCHOOL LIMITED
R¢port of the Trustees
FOR THE YEAR l(NDED 31 AUGUST 2023
OBJECTIVES AND AcfIvITIES
Significant aetivities
During this year, the sfjhool's enrolliiient was 152 students, which represents an overall increase fi'trin the previous
period.'fhi5 is disaggregated a5 follows..
Preschool (34 yeai's old}- 12 (full capacity)
Kindei'garten (4- 6 year5 old) - 9 {down from 17 in the previous period)
Lower Schaol, classes I to 7 (6 - 14 yeai'5 old)- 71 (up flom 58 in the previous period)
Upper School, classes 8 to 11 (13 - 17 years old)- 60 (￿p froin 51 in the previous pei'iod)
Tlie school is yet to reach capacity and 15 actively prointsting itself and Seeking new students, not only to inri'¢as¢
incoTne lo the school, but also to enhance the pedagogic environment conducive to a Steiner Waldorf ¢ducation.
WalkthTough opportunities and a one-to-one with the Head Teacher continue to be key in the promotion of the school
and its offer. There were 34 walkthroughs during this fi1)8ncial year that resulted in 16 new sNdents. In additioni group
walkthrough momings weie scheduled and publici5ed a¢rosS the COiT21niinity and on digstal channels siich as the school
website, with consid¢i'able interest and atteiidaiice noted.
The traditional community-facing events took place this year with the iE~introdu¢tion of the Easier fayiE and the vei'y
successful Christinas F&yre. Both events helped ra￿se vital funds for the sclLooI a9 well as pi'ovidiiig an opportunity to
raise (he school'5 pi'ofile within the ¢ominunity.
During this reporting peiiod, the ￿h0o1 appointed the following new p05t5 that coiiiinenced in August 2023:
Kindergarteii Assistant
Upper School Ali Geography Teacher
Upp¢r Scliool Maths and Sciei)ce Tea¢h¢i' (who replaced the previous teacher who left after Inaiiy ytars, servi¢el
Class Otte Teacher
Class Six Teachei.
Volunt¢ers
The school relies heavily on volunteer activity for a significant amouni of work, partlCLilarly in areas siich as..
Fundraising
Public Relation5 (PR) and development
GrouTids keeping and Inaintenance
The Parents & Frieiids Association (PFA) contiiiues to raise vital fiinds for the school e.g. coffee and crafi mornings for
pai'eiits.

HOLYWOOD STEINER SCHOOL LIMITED
RepTrrt of the Trustee5
VOII THE YEAR INDED 31 AUGUST 2023
STRATEGIC REI PORT
Achicvcment and performance
CharÉtable aetivitics
Key achieveinents diiring the year included..
Preschool received an outstgnding annual inspe¢tion report with no ai'eas for in)provement highlighted by Social
Services.
The School's Profe55ion81 Development Fram¢woTk was intiY)duced and the n￿l￿ber of siaff availing of Continuing
Pi'ofessional Developinent (CPD) increased fi'oin 14 to 18 during the period. Consequently, tlie aniiual budgei for
Coiitinuing Professional Developinent ICPD) was incre3sed by 150/0.
The 3-year School Developinent Plaii12022-2025) was introduced.
The school introdiiced a successful studeni council and external counselling sei'vice.
21 out of 24 key priorities wei'e achieved, leading to an iinpi'oved provision and experience for pupils. For exaittpl¢,
88Tr/0 of pupils achieved 7 A* C GCSE grades in¢ludii)g English and Maths in 2023 {up 2 pei'centage points from the
previous year). These GCSE re%ult5 continue to be well above the Noi'ihern Ireland averages.
Financial revieiv
Fiiiaiicial position
The Triistees i'eport a deficit of £15,807 for the period, with incoine of £689.220 and expenditure of £705,027.
When compaied to the prevaous pei'iod..
Incoine increased by £199.657 Ifroin £489,563), which is largely d￿e to an increase in 5tudcnt enrolinent (froin 127 to
l521.
Expenditiire increased by £159,824 (fi'om £545,203), which is due to increased staff Costs following recruitment of
ojie additional teacher and foiii. additional non-teaching staff.
A5 of 3 1st AugLlSt 2023, bank accoiints have a credit balance of £146,507.
The greatest financsal risks i'elate to the overall opeFation and sustainability of the school, along with the maint¢n3nc¢
and Tepair of the physical b￿lId￿ng$ and 115 envii'ons. Given that 8fj0/o + of the income is derivcd fi'om the school fees,
thei'e is a significant i'isk if student enroliftent decre&ses oi. ¥einaiiis static in futui'e years as tli¢ school will thcn I'isk
opei'ating in a deficit {which is iinsiistainable). Indeed, (his has be¢ii the case for several of the yeai'5 pIEc¢dillg this
p¢riod.
The Board of Trustees recognise5 that the continued success of the school lincludii)g its financial viability and
sustainability) needs to be based on a 51rategy fDciised on encouraging Student ei)rolment and siudeni I'etention, coupled
with an aiinual review of fees to full}, cover opeiating costs. The capacity for gi'owth is also recognised as key to
increasing salai'ies for teachers. This needs to be carefully balanced with the strong desire to continue delivei'ing a
quality Steiner Waldor£edii¢ation, otie that ￿lfI1S the school'5 stated inission, vision and valiies.
Reserves policy
The charity had reserves of £359,985 at tlie year end. This is Inade Rip of £190,154 in general unrestricted funds,
(£82,158) of designated funds and £251,989 of Jrstricted funds. The desionated ￿rtd$ ielate to a histr>ric defined benefit
pension liability.
The Board of Trustees seeks to a¢tively InaTrage the finances of the school to ensure that activities are siistainable for
the benefit of all stakeholders. FollowEng best practice guidAnce, the Board of Trustees has developed a Reserves Policy
as this is an important part of financial inanaqement and forwai'd financial planning. The Board ot Trustees is der￿ing
Irdlegies to gen¢i'ate sufficient J'eserves that WEII seivice 3-6 inonths of operating costs should there be unexpected
events {sii¢h as an annual opet7ting deficit oi. unforesttn and anon)alous exp¢nditiires) andlor shoi'italls in incoine (e.g.
a reduction in incoine associated wilh a decrease Én student numbers).

HOLYWOOD STEINER SCHOOL LIMITCI D
Report of the Truste¢5
FOR THE YEI AR ENDED JI AUGusf 2023
SIRATEGIC REPORT
Financtal revieiv
Going coti¢ern
The trustees belicve th3t the charity will continue as a gliing concern. The trustees and the Headteaeher, suppoilcd by
the staff, are in the process uf delivering the school's Strategy 2025, Ivith a view to updatiiig thÈs strateg), (up to 2027) in
th¢ comtng mcbnths. The contiDu¢d success of the school (iiicliiding its finaiicial viability and siistainLbiliry} will be
based Qll thss Strategy which will fo¢us on encouraging stiideni enrolineiit alld student i'etention, coupled with an annual
Tevi¢w of fees and altei'native fund-raising activities to fully cover operating c05t5 and contribute towards our reserves.
Priiieipal risl(5 and uneertainties
The Boai'd of Trustee5 is I'esponsible for the manageinent of risks faced by the school. tktailed considerntions of I'isk
are delegated to the teams establislied to deal with each of these llreas. Risks al'e identified and assesged, and ¢onti'ols
established throughout the year. Key controls used by the ¢haJ'ity include..
FotThal agendas and ininutes for all Boai'd relatEd activities.
tktailed goals. ol)j¢c(ives and tasks for all school teains.
Compi"ehensive strategic planning, budgeting and inanageineni accounting.
Foi'inal written policies and proeedllres.
Vetting and cliild protection procedures as requii'ed by law for the pi'ot£ctioi) of the stiidents.
Throu&Jh the Tisk iyi<inageineiit pi'ocesses established for the school, tlie Roard of Trustees is satisfied Éhat the Inajor risks
identified ait being adeq[￿telY I￿￿tIgated wl)ei'e necessaiy. It 15 1'ecogni%cd that systems can only pi'ovide reasonable but
not absolute assui'anc¢ that Inajor risks have been adequat¢ly managed. Th¢ Board of Trustees continiies to work closely
with the Head Teacher to update the risk register. risk assessment pro¢es5es and review areas of Inajor risk ivithin the
school.

HOLYWOOD STEI INER SCHOOL LIMITED
Report of the'l ru5tees
"OR THE YEAR L¢NDED 31 AUGUST 2023
STRATEGIC REPORT
Future plans
The Board of Triistees and the Headteachei., supported by the Staff, arE in the proces5 of delivering tlie school's Strategy
2025, with a view to updating this sli'alcgy (lip lo 2027) in the cotnitjg months. The ainbitloll 5Ct out in that strategy for
the schogl I'einains to traiisforni the s¢hooS from a local, hidden tirasure, to a school of iegional and international
5taiiding, Tecognispd foi. deliveriiig an outstanding creative educational prograin to each individual child, and instilling a
love of learning in tliein.
The Board of Triistces recogyises that collaboration and engagement with the wider school Coininunity. including
teachers and parent&lcaiErs, is crucial to..
Help identify strengihs and ai'eas for improvement,.
Infoim the schoDI's developincnt plan., aiid
Drive the school's gi'owth and ensure continual enhancement it) educAtion.
To support a shared coimmsttnent to ex¢ellence, thc Boai'd of Trustees sought the vi¢ws of *a¢hers and parentslcarei's
on several aspects i'elating to th¢ school. FJnei'ging priorities froit) this ¢xercise include..
Maintaining the siibstantial achievements Inade in pre-5¢hool and lower school, while acknowledging there are
¢ultiiral and educational Ti¢ed5 that illust be addressed in the upper school.
The School's physical buildings and its envii'ons reqiiire fiirthei. Inaintenance and I'epair (and Capital investsnent} to
support educational enhancement.
The intention of this collaboration and engageii)ent extends to Inaking sui'e the wider school cominunity is awaiE of
what the school requires to increase its I'eservcs fund in line with the appropriate financial governance of the school's
chai'itable sta￿S and its business operational requirel￿ents.
The Boai'd of Trustees recognises the external post pandeinic envii'oninent within which the school operates reinains
uncci'iain, due to n)acro political, legislative, economic and social challenges. Therefoie, the continued s￿¢te$S of the
school {including its financial viabillty and sust8inftbility) needs to be based on a strategy focused on eiicoui'aging
student enyolment and sthdent retention, coupled wath an artnual review of fees to fully cover operating costs, with a
view to generating additional irseives in the next 3 years.
Oiir fiiture plans coiitinue to be ainbitiolls, and it will be iinportant to review prooress on an ongoino basis.
STRUCTURE, GOVERNANCE AND MANAGEMfi NT
Governing documènt
Holywood Steinei. School Limited (HSS) is a i'egistered cha]'ity, which 1% controlled by its govei'ning dociiinent, a deed
of trnst, attd constitutes a limil£d coinpany, liinited by giiai?ntee, as defined by the Cojnpanies Act 2006.
Recruitment and appointinent of new trustees
New Jneiiiher%hip fDI' thc Bnard of Ti'iistees involves I'ecruiim¢nt ¢ainpaigns iiiade via several channels, includiiig ihe
school website and advertising on Yolunlary and charity seotor w¢b5ites. Ne￿¥ Inembeis are formally Irciuited and
appointed, as per the Articles of Association. Trusteeship is ratified at the Annual General Meeting.
New ti￿SteeS receive the Yelevant documents including infoi'mation &bout the role of administlation at a Steinei. oi
Waldorf school. A skills assessment of the Boai'd is Ca￿led out on an annual basis. More fomial tt7ining is also
scheduled on an annual basi5 with NICVA (Northern Ireland Council for Voluntary Action) and the Sieinei. Waldorf
Fellowship.

HOLYWOOD STEINEI R SCHOOL LIMITED
Report of tlie Trustees
FOR THE YEAR ENDfiD 31 AUCUST2O23
STRUCTURE, GOVERNANCE AND MANAGEMENT
Deeision making
The Board of Trustees is responsible ftsr the effective goveTnance and overall legal and financial rnanagement of the
school. The fill Board ot TTUStees meets once a Inonth throughout the year, atld it has designated the following siib
coininittee5'.
People & Culture Sub Comniitt¢e - ovei'seeing policies. recriiitinent and cotnpliance. The work of iinplementing
policies 55 SUPPQTted by both teacliing and non-tea¢hing teains.
Developmeiit Sub Coniinitlec - overseeing the developinent of the school {in ternis of the physical assets. grounds and
Inainteiiance. the charitable wid educational activities etc.).
Flnance Sub Commlttee- overseeing income and expenditure and financial related mattel's.
The sub-cominittees also meet inonthly and present recommendatEons to the ￿1[ Board of Trllstees.
Tht Boai'd of Ti'ustees appoints (employs) all IneinbeTS of Staff. It delegates re5pon5ibility for the effective manageinent
of the school to the Head Teacher and the College of Teachers. The task of the Board of Trustees is to hold an
awai'en¢s5 Of, and makc d¢¢isions about. what is in the best long-temi inteT¢sts of the whole s¢hool.
The Headteacher, siipported by a Senior Leadership Team, is responsible for the effective leadership and management
of the ￿]1(￿)1.
All Ti'iistees and the Head Teacher are also invited to participate in a strategic development workshop bi-annually. In
addition. a strategy sessioil with staff was held lo gain their valuable inpiit on the school's Strategy 2025, with a view to
iipdating this strategy (up to 2027) iii the coming months,
Escalation of issues tha( ai'ise that cannot be resolved following the docun)ented processes cai) be escalated directly to
the Board of Trustees.
Key managemcnt rtmuneration
The iemuneration for senRoi' management is based on siinilar posts ai)d corresponding paystales ￿nd¢d by the
Departsnent of Education Nl. The mcn)bei"s of the Senioi. Leftdership Team (two Heads of Scliool and a Leaining
Support Coordinator) ar¢ paid an 8dditional £120 p¢r Inonth, othti.W￿st iefei'r¢d to in the education se¢tor as a salary
point foi. responsibility. A salaTy point paid foi. by the Depathient of Education Nl is over £200 pei. illonth.
Widtr netivork
Tlie s¢hool h8$ b¢en a meinber of NICVA (Northem Ireland Council for Voluntaiy Action) since January 2008 and as a
meinber it can avail of advice and services. The school is a IneTMber of the Steiner Waldorf Schools Fellowship which
provides advice, ti'aining and a link to othei. UK and Ii'ish Steiner schools.
The Holywood Steiner S¢hool was founded in 1975 to provide a Steinerlwaldoi'f education in Northern Ireland. The
Holywood Steiner School Limited is a coinpany limited by giiarantee founded in 1977 and is registeied as a charitable
company with the HM Reveiiue & Custoins and the Chai'ity Cominission for Noithern Ireland. Its registei'ed office and
maiii business address is 34 Croft Road, Holywood, Co Down, BT18 OPR.
The stiucture of the Charity during 2022f23 consisted of the Boai'd of Trustees who Inanaged the business of the
Associatiom. The Headteacher managed th¢ school with assistanc¢ from th¢ Jdministi?tion team and Early Years,
Lower School aiid Lpper School Teaching representatives.
REFERF.IYCE AND ADMINISTRATIVE DETAILS
Re£istei'ed Company number
NIO12003 (Northen) Ii'eland)

HOL YWOOD STEINER SCHOOL LIMITED
Repoi't of the Tru51ees
FOR THE YErAR EIYDED 31 AUGUST 2023
Registered Charity nurnber
103712
Registered office
34 Croft Road
Holywood
Co. Dowt)
BTI8 OPR
Trustees
Ms Esther Haller Clarke- Dii'ector (iesigned 231512023)
M5 Cartrline Mary Ball - Filin Pi'oducer (resigned 211512024)
Dr LR5a Siinpwn {2ppointcd 211512024)
Mr Garret O'Fachtn8 (appoinied 2115ll024J
Mr Paul McTernaii Town Planner (resigned 231512023)
Mr Gerry Warivick- Accountant (Yesigi)ed 211512023)
Mr GaTeth Dalzell~ Compaiiy Directoi. (resigned 231512023)
Mi's Mary Roulston - Retiied Teachei. (resigned 211512024)
Ms Jenny Holland (appointed 211512024)
Mi. Micliael Denny (appointed 311112023)
Ms Ashling Gi"ay (appointed 181112024)
Ms Doiiiinique MegArry (appointed I IJ312024)
Mr Da¥ren MoffEtt- Mai'keting Dii'ector (appointed 291512023) (resigned 291512024)
Mr Chris Preston Coinpany Director (appointed 2915r2023} (resigiied 2115120241
Ms Aoife Cunningham (appointed 211512024)
Ms Stephanie Jones - Secietaiy IIEsigned 231512023)
Audltors
M.B.McGrady & Co
Cliartered Accoiintants
Stalutury Auditors
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Antrtm
BT9 6GH
BaDker5
Bank of Iieland
l Donegall Squ&re South
Belfast
BTI 5LR
AUDITORS
The auditors, M.B.McGI'ady & Co, will be proposed for re-appointinent at the forthcoming Annual Getteral Meeting.
Report of the trustees, incorpoi'ating a straiegic report, approved by order of the board of trustee5, a5 the toinpany
ctors, on 28 Aiigust 2024 and signed the boai'd's b¢h31f by:
Gari'ei O'F
htna.T
Ist¢

HOLYWOOD sfEINER SCHOOL LIMITED
Slatement of Trustees, Resp0115ibilities
FOR THE YEAR ENDEI D 31 AUGUST 2023
The tru5tee5 (who are also the directors of Holywood Steiner School Limited for the purposes of ¢OTnpany law) are
responsible for pieparin£ the Repoi1 of the Trustees and the tinancial stateinents in accordanGe with applicable law and
United Kingdom Accounting Standards (United Kingdoin G¢neially Accepted Accounting Practice).
Coinpany law requires the trL]Stees to prepare financial stateinents for each fii)an¢ial yeai. which give a true and fair
view of the slate of affaii's of th¢ Charitable conipany and of the incoming iesi)urces and application of resources,
inrluding the incoine and expendituie, of the charitable company for that period. In preparing those financial
slateinents, the trustees are reqiiired to
select suitable accounting policieg and then apply thein Consistently,.
observe the methods and pi'ijiciples in the Chai'ity SORP-
Inake judgeinents and e5timate5 that ale reasonable and pi'udent.
pIEpare the fjnancial stattments on the going concern basis unless it is inappi'opriate to presuine that the ¢haritabl¢
company will cOnti￿uC in business.
The trustees are Tespon5ible foi. keeping proper accDlltitinu records which disclose with ieasonable oCCU13Cy at any tiine
the financial position of the charitable coimpany and to enable thEin to en511re that the financial siateineiits coinply with
the Companies Act 2006. They are also respollsibl¢ for 5afegllai.ding the assets of the chai'itable coinpany and hence for
takiiig reasonable steps for the pi'ovention and detection of fraud and otliei. irregiilarities.
In so fai. as the ts'ustees are aware..
there is no relevant audii inforination of which the charitable company's aiiditojs are unaware, and
the Irustees have taken all steps that they oiight to have taken to make themselves awai'e of any relevant aiidit
infoYinatiotL and to establish that tlie aiiditors are aware of tl)at inforination.

Report of the Indep¥ndenl Auditors to the Trustees and Menibers of
Holyivood Steiner Schuol Limited
OpSnion
We have audited the financial stateinents of HLilywood Steiner School Liinittd (the 'charitable compat)y') for the yeai.
¢nded 31 August2023 which compTise the Statement of Financsal Activities, the Balance Sheet, the Cash Flow
Stateinent and notes to the financial itateinents, including a suininaiy of significant accoiintEng policies. The financial
repoltins fi"amewoi'k that has been Bpplied in their PlEparation is applicable law and United Kingdom Accounting
Standards IUnEted Kingdoin Generally Accepted Accoiinting Practice).
In oui. opinion the financ5al statements..
give a true and fail. view of the state of the charitable eoihpatjy's affairs &s at 31 August 2023 and of its in¢on]ing
re50LITce5 and application of resour¢es, ijicludin8 Its ineoime ttnd expenditure, for the ycar then ended,.
have been pi'op¢rly prepared accordance with United Icintsdoin Generally AGccpled Accounting Pi'actice. and
have been prepared in accordance with the r¢ouiiements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accoi'daiicc with ljiternational Standards 011 Auditing (UK) (ISAS (IJKI) aiid applicable law.
Our responsibilities uiider th05¢ Standards are fui'iher describcd in the Auditors, respoiJsibilEties for the audit of the
financial statements section of our report. We are independent of the charitable company in accoi'dance with the
ethical r£quireinents that are I'elev&nt to our audit of the finaiicial st8teinents in the UK, incliiding the FRC'S Ethicttl
Standard, and we have fulfilled our other ethical Tesponsibilitics in accordance with these requireinents. We believe
that the a￿dit evidet)ce we have obtained 15 SiitTicient and appropi'iate to provide a basis for our opinion.
ConclllSiOnS relHting to go&ng coiiecrn
In auditing the financial staiements, we have concluded that the ti'ustees, use of the going concern basis of accoui)ting i
the prepai'atiall nf thc financial staieinents is appi'opi'iate.
Based on the work we have pei'fomied, Ive have not identified any mt*terial uncertaintie5 r¢latiiig to events or conditions
that, individually or ¢olleciively, may cast significant doubt on the chai'itable coinpany's abil&ty to CDntiniie as a going
concern foi. a period of at l¢ast twelve months froiii wheii the fjtkaneial stateinents are aiithorised For issue.
Our responsibilities and the responsibiliiies of the trustees with irspect to going Concern ai'¢ de5cl.ibed in the relevart
scctions of this i'¢poit,
Othet. inforniatioii
The trustees al'e iesponsible for the other infonnation. The otlier infonnkttion eoinprises the information ii)cluded in the
Anniial Reptsi't, oiher than the financial 5tatenients and our Report of the Independent Auditors thereon.
Our opiThion on the financial statements does not cover the other infoi'mation ai)d, except to the extent otherwise
explicitly stated in our report, we do not express any foi'in of assurance cottelusion rhereon.
En connection with our audit of ihe fin&n¢ial statements. our responsibility is to read the other infoi'ination Blld, in doing
so. consider whethei. the other infonnation 15 materially iTrconsistent with the firtancial statements oi. oiii. kt]owledge
obiaiiied in the aiidit oi. otherwise appeaiB to be Tnaterially misstated. If we idcntify such material u]COTJSiStencies or
apparent inatei'ial mEsstatements, we are required to detei'mine whethei. tliis givcs rise to a material Inisstateinent in the
financial statements themselves. Ir, based on the woi.k we have pei'forilled, we conclLide that there is a inaterial
Inisstateinent of this othei. information. we are irquirtd to irpoil tliat fact. We have noihing to I'eport in this i'egard.
Opinioiis on othei. ]natters prescribed by the Con]panies Act 2006
Itk our opinioi), based on the ivork undertaken in the course of the &udit.'
the infoi'mation given in the Report of the Trustees for the financial year for which the fll)aiicial statements a
prepared is consi5tenr with the financial statements; and
the Repi)rt of thc Trustees has been prepared in accordaiice with appli¢able legal requireinenls.
The coinparativ¢ fioiires foi. the Charity for the ye&r ended 31 August 2022 are unaiidiled.
10

Report of the Independent Auditors to tlie Trustces 8rJd Membeys of
Holyiyood Steiner School Limited
Matter5 on ivhich we are requir¢d to report by exception
In the light of the knoivledge and understandii)g of the charit&ble ¢oinpany and its envirotsinent obtained in the course
of the audit, w¢ have not identified matei'ial misstale]nents in the Report of the Trustees.
We have nothing to repojt in respect of the following matters where the Coinpatties Act 2006 requires us to report to
you if, in our opinion..
adequate accounting records have noi been kept or retllms adequate foi. oiir audit have not been received from
branches not visited by us; or
Ihe f￿an(la[ Statements are not in ag¥eement with the accounting iecords and Irturns. or
certain disclosures of trustees, remun¢iation specified by law are not Inade. or
we have not received all the infoi'matioii and eyplanations we require for oiir audit- or
the mistees were not entitled to take advantage Df the sinall companies exemption fi'tHT] the requii'ement to prepare a
Sti"ategic Repoit or in prepariiig the Report of the Trustee5.
Re8ponsibilitics rjf trustees
As ¢xplained Inore fiilly in the Statement of Trustees, ResponsibiliÉies, the trustees (who ar¢ also the directors of the
¢hai'itable eompany for the purposes of coinpany law) are iesponsible for the pirparation of the flnancial siateinellts and
foi. being sa(isfied that tliey giye ll true and fail. view, and for such iniernal conti'ol as the trustees detei'mine is necessary
to enable th¢ prepai'ation of fin3Treial stateinents that are fire from matei'ial misstateinent, whethei. duc to fraLid or error.
In pi'eparing the ftnallcial stateinents, the tti]stees are respon55ble foi. assess2ng the charitable coinpany's ability to
continue as a going con¢eiY, disclosing, as applicable. Ivatters related to gDing concern and using the going concem
basis of accounting Linless the tt'llstees eithei. intend to liquidate the chai'iiable company or to cease operations, or have
o realistic altei'iiative bul to do so.

Rcport ol the Independent Audittsrs to the Trustee5 3nd Members of
Holywood Steiner School Limited
Our responsibilities for the audit of the finaneffial statements
Our objectives are io obtain reasonable as$iirance about whether the fjiiancial stateinents as a whole are fl'ee froin
Inaterial misstatemen¢ whethei. due to fraiid oi. ¢ri'or, and to issiie a Report of the Independent Aiiditors that include5
our opEnion. Reasonable assui'ance is a high level of asS￿ance. but is not a guai'antee that an audit coiiducted in
accordance with ISA5 IUKI will always detect a Inaterial misslateinent when it exists. Misstatements ai"is¢ froin
fi'aud or error and are Considered Inatei'ial if, i1]dividually oi. in the aggregate, they could reasonably be expected to
influence the ¢conoEnic decisions of ￿Se1.5 taken on the bosis of ihese fiftancial stateinent5.
The extenrt to whi¢h our audit was c2pable of detecting irr¢gularities including fraud
Iri'egularities, including fraud, are insiances of non-coinplian¢E Wltli law5 and regulations. We design procedures in line
with our responsibilities, outlined above, to deteet Inaterial Inisstatemen(s i'espect of irregularit2es, including fraud. In
assessing and detecting I￿88￿[aritICS such as fraud and non-coinplianGe with laws and regulations we considered the
followirtg..
the matteTS disLi15sed dinong the audit engageinent teain and any other relevant professionals regarding how and
where fraud might occur in the financial statements and any potential indicatQTS of fraud;
the nature of the industry and any laws and i'egulatiolls applicable to the company and the industry.
tl)e conipany'5 ￿se5￿nefit of the I'isk of fraud and other ii'i'egulai'ities.,
the con)pany's policies and PfDcedures in relation to..
how they identify and comply with all ￿levant Illws and regiilations and whether they ale aware of any
noi)-coinpliance'
how they detect and respond to i'iskg of fi'aud and tlieir knowlcdgc of any actual, suspected or alleged fraud- and
the eoi)trol environinent within the company and how thi% Initigatcs risks of fraud and instances of non-compliance
with laws attd regLilations.
As a result of these procedures, we consideved the oppoitunities and incentives that Inay exsst within the organisation
for fraiid and identified ihe gyegtest potential for fiziid in relation to Inisappi"opriation of assets. In cominon with all
audits under ISAS (UK). we are also requi¥ed to pei'forin specific pro¢ediii'es to respond to the risk of Inai)agement
override.
In response to the risk of Inaterial Inisstat¢inet]t tlll'OLigh iii'egularities and non-¢oit)pliance with laws and i'egul&tions,
we designed procedures which included, but weir not liinited to..
ensurillg the engagement team had thc appropriate knowledge and expertise En order to be able to identify and
recognise any instAnces of fraiid or llon-coinpliance with laws and regulations.
we identified the laws and regulations applica171t to the coinpany through discussions ivith dire¢tors and Inanagement
and froin our kiiowledge and expei'ience of the sector., and
ensuring the audit was carried out with a level of prOfe￿lon21 scepticism.
In response to the risk of irregularities and non-cojnpliance with laws and regulations, we designed pr￿edureS which
included, but weiE tiot limited to..
enquii'ing of Inanagem¢nt cotJc¢rn5 of actual and potential litigation and claiins,.
agreeing the financial state]nent disclosuies io undei'lytiig 5UPPOI'ting docEiin¢nt8tion to assess ¢0inpliai)ce with
relevant laws and regulations,. and
reviewing correspondence with the Charity Coininission for Northem li'eland and any other relevant regulatory ix)di¢s
To address the risk of fraud through inanagement bias aiid override of controls. Ive:
perforin analytical procedures to ideniify any unusiial or unexpected relationships that inay indicate risks of material
isstatement due to fraiid.
test the appropriateiiess of journal enkn'ies and other adjushnenis;
assess whether the judgeinent5 tnade in making a¢coiinting esiimates are indicative of a potential bias. and
12

Report of the Ind¢pend¢nt Auditoi's to the Trustees and Member5 of
Holywood Steincr Seliool Limited
evaluate thc business rationale of any significant tt'ansactions that are unusual or outside the normal course of
business.
We also cornmunicated relevant identified laws and regulations and potential fraud risks to all engagement team
members and significant componet]t audit teams, and reTnained alert to any indications of fraud or noncoinpliance with
laws and i'egulations throughout the audit.
There aie inherent liinitations in our audit pix)cediires desci'ibed above. The Inore reinoved that laws and regulations are
from financial transactions, the less likely it is that we would becoine aware of non-coinpliance. Auditing standards also
limit the audit procedures IEquii'ed lo identify non-compliance witli laws and I'egulatjor15 to enquiry of the directors and
other management and the inspection of regulatory and legal correspondence. if aiiy.
Material misstatements that arise diie to fraud can be harder to detect than those that arise from error a5 they Inay
involve deliberate concealinent or collusion.
A ￿rther description of our responsibilities for the audit of the financial slateinents is located on the financial
Reporting Council's website at www.frc.org.uklauditorsre5ponsibilities. This description forins parl of our R£poii of the
Independent Auditors.
Use of our report
This report l5 Inade solely to the charitablc coinpany's members, a5 a body. in 3ccordance with Chaptei. 3 of Part 16 of
the Coinpanies Act 2006. Oui. audit woi'k has been undertaket) 50 that we inight slate to tlie charitable company's
Ineinbers those matters we aTe requiiEd to state to them in an auditors, report 3nd for no other p￿￿OSe. To the fullcst
extent pemiitted by law, we do not accept or assume responsibility to anyone othei. than the chai'itable company and the
charitable coinpany's InembeT5 as a body, for oui. aiidit work. for this Teptsrt, or for the opinions we have foimed.
Conaill McGrady
for and on behalf
Chartered Accounta
Statiitory Auditors
Siiite 2B
Cadogan House
322 Lisbiirn Road
Belfast
Co. Antrlln
B'f9 6GH
or Sta
B.M¢
Auditor)
dy&Co
28 Aug115t 2024
13

HOLYWOOD STEINEI R SCHOOL LIMITED
Statenienl of Finaneial Activities
Ilneorporating Ineome aiid Ei xpenditure Ac¢ouiit)
roR THE VEI AR Ei liDED 31 AUGUST 2023
3118123
Total
funds
3118122
Total
funds
UnrestrietedRestrieted
(llnds
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
8,771
8,771
2,605
ChAritable a¢tivilles
Charitable Activitiey
628.240
10.696
638,936
460,689
Other trading activities
Investment incoine
41.242
271
41,242
271
26,006
263
Toty41
678,524
10,696
689,220
489,563
F.XPF.NDITURE ON
Charitablc aelivilics
Charitable Activities
Support Cosis
694,772
8,874
703,646
545,203
Total
696,153
8,874
705,027
545,203
NET INCOMEI(CIXPENDITUREI
{17,629)
1,822
(15,807)
(55.640)
REI CONCILIATION OF fiUNDS
l otal funds brought for%vard
125,625
250,167
375,792
431,432
TOTAL FUNDS CARRIED FORWARD
107,996
251,989
359,985
J75,792
The notes form part of these f￿anCIal statements
14

HOLVWOOD STEINER SCHOOL LIMITED
B4l&nce Sheet
31 AUGUST 2023
3118123
3118122
Notes
FIXED ASSETS
Tangible assets
Investments
463,132
477,285
466,220
481,752
CURRENT ASSETS
DebtOl'S
Cash at baThk a￿d in hand
16
38,748
146,507
24.754
126 040
185,255
150,794
CREI DITORS
Aiiiotints falling due within one year
{150J32)
(107,556)
NET CURRENT ASSETS
TOTAL ASSEI TS LESS CURRENT
LIABILITIES
501,143
524,990
CREDITORS
Ainounts falling due after more than one year
(59,000)
(59,000)
PENSION LIABILITY
22
{82,158)
(90,198)
NET ASSETS
359 985
375,792
FUNDS
Unrestricted funds..
General fund
DesignatEd funds
190,154
82,IS8)
215,823
90,198)
107,996
125,625
Resti"icted fiilld5'.
Restricted fund
251.989
250 167
TOTAL FUNDS
3S9,985
375.792
The financial stateinent5 were appiDved by Ilie Board of Tiuslees and aiithoi'ised for issue on 28 Augiist 2024 and wcir
signe
by..
Mr Garret O'Fachtna-
Triistee
The notes form part of these financial stat¢inents
15

HOLYWOOD STEINER SCHOOL LIMITED
Cash Fl0sY Stat¢ment
FOR THE YEIAR ENDED 31 AUGUST 2023
3118n3
3118122
Notes
Cash floivs from operating activitie5
Lash generated from operations
24
28,209)
Net cash pi'ovided byl(used it]) operating 8Ctivitie9
28.2091
Cash flow5 fi'om investing 8Ctivitie5
Piirchase of tangible fixed a$5ets
InteresÉ received
(9,962)
271
(26.927)
263
Net cash used in investing activities
9.691}
26,664)
Change in cash cash equivalents In
the reporting period
Cash and Cash ¢quivalents At the
beginning of the reporting period
20.467
{54,8731
126,040
ISO,913
Casli aiid cash ¢quiv91ents at the end of
the rcpoi'ting pcriod
146 5D7
126.040
The notes form part of these financial statements

HOLYWOOD STEINER SCHOOL LIMITED
Not¢5 to the Fiiiancial Statements
FOR THE YEAR ENDCID 31 AUGUST2023
ACCOUNTING POLICIES
Basis of prepzring the financial slatefflents
The financial statements ot the charitable company, which is a public benefit entity under FRS 102, have been
pi'epared in accordance with the Charities SOIIP (FRS 102) 'Accounting and Reporting by Charities.. Stateinent
of RecoMInended Practice Applicable to chai'ities preparing iheir a¢¢ounts in accordance with the Financial
Reporting Standai'd applicable in the UK and Republic of Irelaiid {FRS 102) {effective l Januaiy 2019),,
rinallcial Repoiting Stand2id 102 'The Financial Repoi'ting Standard applicable in the UK and Republic of
Ireland, aTrd the Coinpanies Act 2006. The fiiiancial stateinents have been piypared undei. the historical cost
convei)tion, with the exception of investments which are included at market value.
The charity is incorporated in Northem Ireland.
Ineome
All incoine is i'ecognised in the Statement of Financial A¢tivitie5 once the charity ha5 entitlement to the funds, it
is pi'obable that ihe incoine will be re¢¢ived and the ainoiint can be ineasured reliably.
Income froin charitable activities is the amourtt derived from the Provision of goods and services stated aftei.
discounis.
Incon)e fi'om doii&tions or gi'gsnls is recognised when there 15 evidence of cntitleinent to the gift. receipt is
pi'obablc and ils ainouiit can be measured I'eliably.
ExpeDdrture
Liabilitics are recogni5ed as expenditure a5 SOOTI &5 there Es a legal or constructive obligation cotninitting the
charity to that expenditllTe, it is probable that a transfei. of econoinic benefits will be reqiiired in settleinent and
the ainount of the obligatioii can be Ineasui'ed Irliably. ExpEndilii¥e is accounted for on an acci'iials basis and has
been classified undei. headings that aggi'egate all cost ¥clated to the category. Where costs cannot be diiectly
ath'ibuted to particular Iieadings they have been allocated to aCt￿vilIeS on a bBsis Consistent with the use of
reS0￿r¢e8.
Tangible fixed R5set5
Depreciation is providEd at the following ai)nual rates ID order to write off e8ch a55et over its estimated useftil
Freehold prop¢rty
Fixttir¢s and fittings
Coimputer equipn3ent
20/0 on cosi
l OTr/o on cost
IOD/Tr on cos(
Tangible fixed assets air iriitially Ineasured at C05t.
Taxation
rhe chayiiy is exempt froin corporation tax oll its charitable activiti¢s.
Vund actountillg
Ujirestricted funds call be used in accordance with the charitable objective5 Ilt the discretion of the tTUStees.
Restricted thnds can only be used for pailicular restricted purposes within ihe objects olthe charity. Restrictions
ari5¢ wheii specifLed by the donoi. or when funds are Taised for pai'ticiilar restricted piirposE5.
Fuither explanation of the nathre and puiptsse of each fiind is included in the notes to the financial stateinents.
17
continued...

HOLYWOOD STEINER SCHOOL LIMITED
Note5 to the Financial Statements . continued
FOR THE YEIAR EIYDE¢D 31 AUGUST 2023
ACCOUNTING POLICIES - continucd
Flnancial instrllments
FindllLial assets and financial liabilities are iecognised when the charity becomes party to the contractyal
provisions of tlie iiistruinent.
Financial liabilities and equity instrum¢iits are classified a¢¢ording to th¢ sllbstante of the contractual
aiTangemErils entered into. An eqiiity instrument is any contra¢t that evidences a re5idEial interest in the assets of
tlie charity after deducting all ofils liabilitie5.
The charity's policies for its majoi. classes of f5nancial assets and finan¢ial liabilitie5 are set out below.
rilrtaneial assets
Basic financial assets, inc141ding trade and othei. debtor5 and cash and bank balances are initially recognis¢d at
transactioii price, unless the ai'rang¢inettt constitutes a financing transaction, where the transaction is Ineasui'ed
at the present value of the fiitur¢ ieccipts discounted at a mai'ket rate of inteie5t for a similaT debt instriinient.
Finaiicing transactions are those in which payment is deferred beyond noi'inal business terins or is financed at a
rate of interest that is not a market Tate.
Such assets are 511bseqEiently corried at amortised cost using the effective interest rate Inethod, less aiiy
iiiipairinenÉ.
Financipl liabillties
Basic finaiicial liabilities, inclLiding trade and other creditors and loans are initially recognised at tiai)5action
price, uiileis the ari'ai)gement constitutes a finatjcing transaction, wheie ihe debt insti'uin¢nt is measured at the
present value of the futui'e payinentsdiscounted at a Inai'ket rate of intei'est fot. a Similar debt insti'ument.
Financing transactions are those in which payin¢iit l5 defei'red beyond norinal biisiness terms or is financ¢d a( a
rate of interest that is not a mai'ket rate.
Debt instNments are subsequently caryied at amortjs¢d cost, Lising the effe¢tive interest rate method.
Impairnienl of financial assets
Financial assets Int￿lijed at cost and amortised cost are assessed at the end of each reporting period for
objective evidence of iinpairjnent. If objective evidence of iiiipairment ss found. an impairjneni loss 15
recoonised in ttie proflt and loss accouiit.
Foi. financial ass¢ts ineasui'ed at cost less iinpairmeiit, the unpaii'ineiit loss is n)easLired as the diffei'ence between
the asset's cariying ainDunt and th¢ best estiina(e of the ainount tlie charity would receive for the assct if it were
to be sold at the repoi'tiThg date.
For financial assets measured at amortised cost, Ihe impainnent loss is measured as the difference between the
asset's C£triying ainount and the present valiie of estiinat¢d cash flows discounted at the asset's oiiginal effective
interest late. If the fiiiancEal asset has & variable interest rate, the discount l'ate foi. measuring any impairment
loss is the current effective interest rate detei"Inined undei. the conti2ct.
If thei'e i5 a decrease the impairni¢nt loss arising fi'om an event oCcU￿1ng after the impaimicnt was
recognised, the illlpainnent is I'eversed, The reversal is such that the cui'irnt cairying ainoiint does not exceed
what the canying aTt]ount would have been had the %inpairment noi previously been Yecognised. The impairmeTIt
rcvcrsèl is i'ecognEsed in profit or loss.
Derecognitlon of finantial assets and financial liabilitie5
18
continued...

HOLYWOOD STEINER SCHOOL LIMITED
Notes to the Finallcial Statements- continued
FOR THE YEAR ENDED 31 AUGUST 2023
ACCOUNTING POLICIES- coillinued
Finamcial in5trument5
Financial assets are deircognised ivhen la) tlic contt'actual l'ights to tlie cash flows from the asset expire or are
settled, or (b} Substantially all the risks and IEwai'ds of the ownersliip of the asset ￿'e transferi.ed to anothei"
party. or (c) despite having retained some significant risks and rewards of ownership, tontt'ol of the assei to an
unrelated third paty withour iinposing additional YesiricEions.
Financial liabiliiies are dei'ecognised when the liabiliry is exiingu%shed, that is when the contra¢tual obligation is
discharged, cancelled or expires.
Offseltiiig of fin#neial assets ajid fiiianciol liatTrilili¢5
riiiancial assets and liabilities are offset and the net amount reported in the balance sheet when there is an
enforceable right to set otT the rgrongi5cd amounts and thei'e is an intention to sett5e on a net basi5 or to realise
the asset aud settle thelsability SiTniiltaneoiis1y.
Peiision costs and ollier post-retiremellt benefits
The chaj'itable company opei'ates a defined cont¥ibution peiision scheine. Contributions payable to the
charitable coinpaiiy's pension scheine al'e chai'ged to the Statement of Financial Activities in the pei'iod to which
they IElate.
Going eoneern
The financial stateiments havc been prepared on a going concern basis with no tnaterial unceitaiiities arising.
The trustees believe tl)al the charity will contiiiue as & going concern. Appropriate planning has been Undert£￿¢￿
foi. the funding and pi'ovi92on of chai'itable servic¢s and £tnd tliere are no concei'ns regardEng the long-term
funding foi. the charEty and its activities.
DONATIONS AND LEGACIES
3118123
3118122
Donation5 and Gifts
8,771
2,605
OTHER TRADING AcfiviTIES
3J18n3
31￿ll3
Playgroup Incoine
Giiest Student
Choir Iiicoine
Afterschool club income
Parent and child gi'oup
Room Hire Incoine
GCSE Fee5
21,665
3048
17.100
7.436
33
850
587
11,754
130
1205
41,242
26,006
19
continued...

HOLYWOOD STEI INER SCHOOL LIMITED
Iyotes to the Finxncial Stateinents- continued
IOR THE YEAR ENDED 31 AUGUST 2023
INVESTMENT INCOME
3118123
3118122
Interest Receivable
271
263
INCOME FROM CHARITABLE ACTIVITIEI S
3118123
3118n2
Activity
Charitable Activiiies
Chai'itable Activiries
Chai'itabl¢ Activities
Parental Contributions
Grants
Other In¢oJ)ie
584,587
34,929
IY,420
452,518
6,729
638 936
460,689
Grants IEceived, intliided in the above, are as follow5..
3118123
3118122
Ards and North Down
DABRA
2,279
CHARITABLE ACTIVITIES COSTS
Dii'ect
Costs (see
note 7)
Suppoi't
cos15 (see
note 81
Totals
Charitable A¢tiviti¢s
Suppoj'l Colts
586,416
117,230
703,646
1,381
586 416
118611
705.027
20
continued...

HOLYWOOD STEINER SCHOOL LIMITED
Not￿ to the Finaiicial blalem¢nt5- Colltinued
IOR THE YEAR Lf*lDLD 31 AUGUST 2023
DIRECT COSTS OF CHARITABLE ACTIVITIES
3118123
3118122
Staff costs
Equipinent Rental
Ediication Siipplies
Steiner School Fellowship
Exainination Expenses
Staff Travel and Training
Increase in Bad Debt Provision
Siipply Teachers
Gi?nt expenditui'e
Dcpreciation
Loss tsn sale of asseis
504,790
4,120
29,283
3,931
2,889
J,653
4,296
466
8,874
21,219
2,895
407,192
3,606
17,968
,750
1,989
3,448
4,450
232
1,109
20,913
586,416
462,657
SUPPORT COSTS
Information
technology
M&n9gement
Fingnce
Charitable Activities
Support Costs
fv1,150
32,746
15,334
64.150
32.746
15,334
Human
Govei'nanee
costs
re50uree5
Totals
Charitable Activities
Siipport Costs
s,000
117,230
1,381
1,381
1,381
5,000
118 611
NEI T INCOMEI(EXPENDITURE)
Net incoind(exp¢nditure) is Stated after chai'gin(JF (crediting)..
3118123
3118122
Depiyciation - owned assets
Deficit OM disposal of fixed a55et5
21,218
2,895
20,871
21
coniinued...

HOLYWOOD STE4 INCR SCHOOL LIMITEI D
Notes to the FiiianeiAI Statemeii15- cnntinlled
FOR THE YEI AR ENDE4D 31 AUGUSI. 2023
io.
AUDITORS, REMUNCI RATION
3118123
3118122
Fees payable to the charity's auditor5 foi. the audit of the charity's financial
stateinenis
TRUSTE£4 S, REMUNERATION AND BEI NEI FITS
Theie wei'e no Iru5tees' remuncraiion oi. othei. benefits for the year ended 31 Aiigust 2023 nor for the year ended
31 Aiigust 2022.
Trustees expeiise5
Thei"e were no
31 August 2022.
trustees, expenses paid for the year ended 31 Augu5t2023 nor for the yeai. ended
12.
STAFF COSTS
3118123
3118n2
Wages and salaries
Social secui'ity costs
Other pension costs
461,6DS
29,980
373,996
22,643
10,553
504,790
407 192
The average inonthly niimb¢r of eiiiployees dui'tng the y£ai' was as follows..
3118123
20
3118122
Teaching staff
Non-t¢aching staff
28
24
No employee% received el￿oI￿nents in excess of £60,000.
13.
COMPARATIVIS FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Uni'estrictedRestricled
funds
fund
Total
funds
1Tr4COME AND ENDOWMENTS FROM
Doi)ations and legaci¢s
2,605
2,605
Ch9ritable activities
Charitable Activities
455,260
5,429
460,689
Other trading activities
Ii)vesttn¢nt incoine
26,006
263
26,006
263
Total
484,134
5,429
489,563
22
continued...

HOLYWOOD STEINf4 R SCHOOL LIMITED
Notes to the Finaii¢ial Statemen15- Colltinued
FOR THE YEIAR ENDED 31 AUGUST 2023
13.
cO￿AnATIvEs FOR THE STATEMENT OF FINANCIAL ACTIVITIES- Conllnued
Unre5trictedR¢stricted
funds
fuiid
Tot21
fuiids
IXPENDITURE ON
Charitable activitÈes
Charitable Activ￿tieS
537.292
545.203
NCIT IIYCOME/(EXPENDITURE)
Transf¢r5 between funds
(53,158)
(2.4112)
2.279)
(55,640)
N¢t movcmellt in funds
(50,879)
(4,7611
{55,640)
RECONCILIATION OF FUNDS
Total funds bi'ought forward
176.504
254,928
431,432
TOTAL FUNDS CARRIED fioRWARD
125,625
250,167
375 792
14.
T ANGIBLE FIXED ASSETS
Improvement5
to
propei'ty
Fixtures
and
rittiiigs
Freehold
property
Computer
equipinent
Totals
COST
At I September 2022
Additi0115
Disposals
722,412
23,440
7,302
100,081
2.400
15,355
260
861,288
9,962
9,086)
At 31 August 2023
722412
30,741
99,554
9,456
862,164
DEPRECIATION
At I Septembei. 2022
Chai'ge for year
Eliininated on dispo$81
312,092
14,448
293
615
64,559
4.657
1.463)
7,061
1,498
4,7281
384,005
21,218
At 31 August 2023
326.540
908
399 032
NET BOOK VALUE
Ai 31 August ?023
395,872
31,801
5,625
463 132
At 31 Augiist 2022
410320
23,147
35,S22
8,294
477 283
23
¢ontiniied...

HOLYWOOD STEINft R SCHOOL LIMITED
Notes to the Financial Statoments- continucd
FOR THE YEAR EINDEID 31 AUGUST 2023
rilXED ASSET INVESTMEI NTS
Unlisted
invLiStMent5
MARI<EIT VALUE
At I September 2022
Movement in year
4,469
At 31 Augy5t 2023
3,088
NET BOOK VALUE
At 31 August 2021
3,088
At 31 Augug12022
4,469
There wcre no investment a55ets outside the UK.
16.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONC YEAR
3118123
3J18122
Trade debtors
Other debtors
Prepayments
35,042
979
21,566
367
2.821
38,748
17.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YE4AR
3118123
3118122
Other loatLS (see note 19)
Trade Creditors
Social security and other taxes
Other creditors
Accruals and deferred income
5,165
19,923
6,859
108,236
5,165
11,423
10,887
73,898
6,183
150332
107,556
24
continued..

HOLYWOOD STEI INER SCHOOL LIMITCD
Notes to the fiinancial Statement5- COI]tinued
FOR THE YEAR ENDED 31 AUGUST 2023
18.
CREDITORS: AMOUNTS FALLING DUI AwfER MORE THAN ONE YEAR
3118123
3118n2
Othey loans (see note 19)
59,000
59,000
19,
LOANS
An analysis of the matui'ity of IoEns is given below..
3118123
3118122
Amounts falling due within oiie year on demand..
Other loans
5,165
Aiiiounts falling between one and two years..
Othei. loan5 - 1-2 year5
59,000
20.
ANALYSIS OF NET ASSETS BETWEEI IY FVNDS
3118123
Total
3118122
Total
funds
UnreslrictedRe5tricted
fullds
fund
Fixed assets
Iiivestments
Cui'rent a55ets
Ciirrent liabilities
Long tenn liabilities
Pensio￿ liab51ity
211,143
3,088
165,255
(150,332)
(59,000)
82 158)
251,989
463,132
3.088
185,255
1150,3321
{59,0001
82,158)
477,283
4,469
150,794
(107,556)
{59,000)
90,198)
I07 996
251.989
359,985
375,792
21.
MOVEMENT IN FUNDS
Nel
movenient
in furids
At
3118123
At 119122
Unr¢$trieted funds
Gcncral fiind
Designated funds
215,823
90,198)
(25,669)
190,IS4
82,158)
125,625
(17,629)
107,996
R￿triCted fund5
Restricted fvnd
250,167
1,822
251,989
TOTAL FUNDS
375,792
15 807)
359,985
25
ontinued...

HOLYWOOD STEI INER SCHOOL LIMITED
Notes to tlie Fiiianeial St8temenls- continlled
FOR THE YEAR IINDED 31 AUGUST 2023
21.
MOVE4 MENT IN FUNDS- continued
Net movemeiit in fyi)ds, included in the above are a5 follows-
Ineoming
resourees
Resources
expcnded
Movement
in funds
UThr¢slricted funds
General fvnd
Designated funds
678,524
(704,193)
8,040
(25,669}
678,524
{696,153)
(17,629)
Restricted funds
Restricted fund
10,696
(8,874}
1022
TOTAL FUNDS
689 220
705 027)
15,807)
Coniparatives for movement fund5
Net
movement
in funds
TrAnsfers
bctween
funds
At
3118122
At 119ni
Unrestt'icted funds
Genei'&l fijnd
Designated funds
281,381
(104 877)
(67,837)
2,279
215.823
90.198)
176,504
(53,158)
2,279
125,625
Restricted funds
Resti'icted fiind
254.928
(2,482)
(2,279}
250,167
TOTAL FUIYDS
431432
55.640)
375,792
Compai?tive net mov¢ment lli fund5, ￿Cluded in the above are as follows-
Ineoming
resoiiree5
Resources
expended
Movcmellt
in funds
Unresti'icted funds
General fund
Designated fiJThds
484.134
(551,971)
14,679
(67.837)
14,679
484,134
(537,292)
(53,158)
Restricted funds
Ros(ricted fund
5,429
(7,951)
(2,482)
TOTAL FUNDS
4S9,563
545 203)
55,640)
26
contsnued.

HOLYWOOD STEINER SCHOOL LIMETED
Notes to the Finaneigl Slatement5- continued
FOR THE YEAR ENDF.D 31 AUGUST 2023
21.
MOVEMENT IN FUNDS- continued
A current year 12 months and prioi. year 12 moE]Ihs coinbined positlQll is as follows..
¢1
movement
in funds
Transfers
betwetn
funds
At
3118123
At 119121
Unrestricted funds
Genei'al fiand
Designatcd funds
281,381
104 877)
(93.506)
2,279
190,154
82 158)
176,504
(70,787)
2,279
107,996
Restricted funds
Resh'icted fund
254,928
1660)
{2,279}
251.989
TOTAL FUNDS
431,432
71,4471
359985
A ¢LlI'i'ent year 12 Inonths and prior year 12 Inonths coinbined net Inovement in funds. included in the aix)ve are
as follows..
Re5uurces
expended
Movernent
in funds
re50vrce5
Unrestriited funds
General fund
Designated funds
1,162,658
(1,256,164)
22.719
(93,506)
22,719
1,162,658
(1,233,445)
(70,787)
RtStricted funds
Restricted fund
16,125
(16,785)
(660)
TOTAL FUNDS
1 178,783
(1250 230)
71447)
22.
, MPLOYEE BENEFIT OBLIGATIONS
A full actuarial valuation was last carrEed Dut at 29 Deceinbel 2021 and valued the pension liability at £134,000.
An actuarial revie￿. was Cai'ried out as at 29 De¢einber 2023 and estiinated the School's pension liability at
£86,000.
At 31 August 2023 £82,158 is YecognEsed as designated funds in respect of this liabilsty
The cost of providing benefits under defjned benefit plans is deterinilled sepaTately and is based on actuarial
alculalions.
The change in th¢ i)et defined benefit liability arising from) einployee service during the year is recognised a5 an
einployee cosi. The cost of plan introductions, benefit changes. settlements altd cuiigtilinenls al'e recognisod as
incurred.
Payments to defined conli'%bution i'etil'einent benefit 5¢heines are charged as an expense as they fall due.
27
continued...

HOLYWOOD STEI INER SCHOOL LIMITII D
Notes to the Fiiianeial StaleD]ents- coiitinued
FOR THE YEAR ENDED 31 AUGUST 2023
23.
RELATEI D PARTY DISCLOSURLS
Theip were no related paty tt?nsactions for the year ended 31 August 2023.
24.
RECONCILIATION OF NET EXPE4 NDITURE TO NCI T CASH FLOW FROM OPERATING
ACTIVITIES
3118123
3A18122
Net trxpenditure for the reporting period (as pei. the Statement of
Financial Aclii'ities)
Adjustinents for:
Depirciation charges
L055 on disposal of fixed assets
InteTest received
(Gain) / Loss Lin Investinent
Increase in debtors
tncrease in ereditoi
Difference between pension charge and cash contribiitions
(15,807)
(55,640)
21,219
2,895
(271)
1,380
(13,994}
42,776
20,871
(263)
2,081
{1,810)
14,012
7,460)
Net eash provided byl{used in} operations
30,158
28,209)
25.
ANALYSIS OF CHANGES IF4 NET FUNDS
At 119122
Cash flow
At 3118n3
Nel cash
Cash at bank and iii hand
126,040
146 507
126,040
146,507
Debt
Debts falling due within l year
Debis falling due after l year
(5,165)
59,000
(5,165)
64 165)
Total
61,875
20,467
82,342
28

HOLYWOOD STEINER SCHOOL LIMITED
D¢tailed Statement of Tr'Éll8ncial Activities
OR'fHE YLAH EJNDED 31 AUGUST 2023
3118123
3118122
INCOME AND ENDOWMETrITS
DonatiOll$ and legacies
Doiiatioiis aiid QTifts
8,771
2,605
Other tradiiig activilies
Playgroup Income
Guest Student
Choir Income
Afterschool cliib irtcoine
Pai"ent and child group
Rooin Flirc Income
OCSE Fees
21,665
3,848
17,100
7,436
33
850
587
11,754
130
1,265
2,580
41,242
26,006
Investment income
Intei'est Receivable
271
263
Charitable aetlvitles
Pai"ental Conti'ibutions
Gi"ants
Other Income
584,S87
34,929
19,420
452,518
6,729
1,442
638,936
460.689
Total incoming resources
689,220
489,563
IXPENDITURE
CharitRble 9Ctivilre5
Staff Costs
Social security
Peiisioiis
Eqiiipinent Rental
Educatiot] Siipplies
Steiner School Fellowship
Exainination Expenses
StafYTI'avel and Trainiug
Inci'ease in Bad Debt Provision
SLipply Teachers
Grant expenditure
Event expenses
Carried forward
461,605
29,980
13,205
4,120
29,283
3,931
2,889
3,653
4,296
466
8,874
373,996
22,643
10,553
3.606
17,968
1.750
1.989
3.448
4.450
232
1.109
41
441,785
562J02
This page does not form part of the statutory financial stateFnents
29

HOL YWOOD STEINER SCHOOL LIMITED
Detailed Statement of Finxncial Activities
FOR THE YEAR CINDED 31 AUGUST 2023
3118ll3
3118122
Charitable actlvities
ljroughi torward
Depreciation and Impaiiinents
Loss on sale of tangible fixed ass¢is
562,302
21,21Y
441,785
20,872
586.416
462,657
Support costs
ManaEemertt
Rates and water
Insui'anee
Light and heat
Telephone and Internet
Other Office Costs
Advertising
Computei. and Website Costs
694
17,441
23,972
5,241
5,531
7,654
3,617
607
13,858
20,324
3,997
4,541
2,919
3,090
64,ISO
49,336
Finanet
Legal and Professional Fees
Sun(Iries
Bank charges
28,S77
2,837
13,735
1,594
1.170
32,746
16,499
liiformation ttehnology
Repairs and maintenance
15,334
13,010
Huinan resource5
Moveinent on investments
1,381
2,081
Governance costs
Aiiditoi's, i'emuneratio
Accountancy fees
3,140
1,860
1,620
5,000
Total resources expended
705 027
545 203
Net expenditui'c
15807)
55,640)
This page does not fonn part of th¢ statutory fiftaiitial stateinents
30