REGISTERED COMPANY NUMBER: N1012003 (Northern Ireland)
REGISTERED CHARITY NUMBER: 103712
Report of the Trustees and
Audi¢¢d Fiiiancial Statements
for the Year nded 31 Augusl 2023
for
HOLYWOOD STEINER SCHOOL LIMITED
M.B.McGrady & Co
Chartered Accoiinlants
Statutory Auditors
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Antriin
BT9 6GH

HOLYWOOD STEINER SCHOOL LIMITED
Contents of the Fiiian¢ial Statements
FOR THE YEAR ENDED JI AUGUST 2023
Page
Report of the Trustees
Statement of Truste¢5' Rcsponsibilities
Report of the Independent Auditors
10 to 13
Stat¢m¢nt of Financial Aetivities
14
Balance Slieet
15
Cash Floiv Statement
16
Notes to the FinanciHI StHtements
17 to 28
Detailed Statement of Financial Activities
29 to 30

HOL YWOOD STEINER SCHOOL LIMITED
Report of the Ti'ustees
FOR THE YEAR ENDED 31 AUGusf 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006. present their repoit with
the financial stat¢inent5 of Ihe ¢harity for the year ¢nded 31 August 2023. The trustee5 hav¢ adopted the provisions of
Accounting and R¢porting by Chartties.. Statement of Recommended Practice applicable to charities pi'epai-ing theii.
accounts in accoi'dance with the Financial Reporting Standard applicable in the UK and Republic of li'eland (FRS 102)
(effective l Januaiy 2019).
The Repoi't of the Ti'tistees incorporates the Strategic Report.

HOLYWOOD STEI INER SCHOOL LIMITED
Report of the Trustees
FOR THE YEAR ENDED 31 AUGUST 2023
OBJECTIVES AND ACTIVITIES
Objectives and alms
Introduction
Foiinded in 1975, Holywood Stein¢r School (HSS) operates as a co-educational and independent school that offers the
Steiner Waldorf curi'iculum foi. students aged from 3 to 17 years old.
Unlike i￿ainStreaM education, the Waldorf Inodel provides the time and space for each child lo leai-n and grow ai theii.
own pace, allowing thcin to ￿]lY grasp a concept or achieve a skill when Ihey are ready. The school sti'ives to provide a
i'tch, diverse and integi'ated education, where cooperation takes priority over competition.
HSS is a inember of the Steiner Waldorf Schools Fellowship of the United Kingdoin (UK) and Ireland. Tlie Fellowsl)ip
represeiits 31 schools and co-ordinates Steiner currieulum research and development, supports tea¢h¢r training
pi'ogi'ainines, and provides advisory and mentoring services to ineinber schools. The Fellowship is parl of the
intei'national Eui'opean Council for Steiner Waldorf Education (ECSWE) coinprising 26 natioiial Steinei. Waldorf
Associatioiis, i'epresenting over 680 schools in Europe.
Mission, Vision and Values
HSS'S niission is to 'inspire students througli the delivery of the Steiner Waldorf Curriculliin and develop a strong
connection between childreii and their teachers"
Its vision is to "engage the head, the heart, and the haiids, enihuse the cliild with curiosity and a sense of wonder for the
woi'ld and inspii'e a love of leaming that will l¢lSt a lifetime"
HSS, values are Set out below:
Acceptance - we reco8nise oiir i'esponsibility to nLlI'lure the child. We aim to prepare s￿dentS for life in a culturally
diverse society by developing tolerant, articulate, Jnotivated and mature individuals.
Connectioii a Ineaningful relationship is fostered between the child, teacher, and class. Parents are iininersed into tlieir
child's school life and frequently involved within tlie school coininuniry.
Love of leNrning - we cncourage all childi'en, regardless of ability. to find the joy in learning, to bclieve in theinselv¢s
and to be rnolivated to suc¢¢ed in their chosen path in life.
Independei)ce - oiir pi'ioi'ity is to Support every child and provide them with firm foundations so Iliat they can develop
into free thinkintr inoi'ally responsibl¢. and confident Ineinbers of society.
The Board of Trustees has followed the guidance issued by the Charity Coinii)ission in decidtng what activities the
chai'ity shoiild underlake. The objective for the school during the year was to continue lo provide a quality Steinei.
Waldorf edLication li) tlie Early Yciirs and Lower School and to provide a balanced and quality ediication iii the Upper
School based on both Steinei. Waldorf and National Curriculum5. The ongoing support of Ihe Colleoe of Teachers, and
their Continuous work ensures the essence of the Steiner Waldorf Curriculum remains slrong in the school.
An additional objective was to further develop the school's strategic plan and to continue to increase the nuinber of
students enrolled while inaintaining an environinent conducive to delivering a quality Steiner Waldorf educalion.

HOLYWOOD STEINER SCHOOL LIMITED
R¢port of the Trustees
FOR THE YEAR ENDED 31 AUGUST 2023
OBJECTIVES AND ACTIVITIES
Significant activities
During this year, the school's enrollnient was 152 studenls, which represents an overall increase froin ihe pi'evious
period. This is disaggregated as follows..
Preschool (3-4 years old) - 12 (full capacity)
Kindei'garten (4 - 6 year5 old) - 9 (down from 17 in Ihe previous period)
Lower School, Classes I to 7 (6 - 14 years old) - 71 (lip from 58 in the previous period)
Upper School, classes 8 to I l (13 - 17 years old) - 60 (up froin 51 in ihe prevlous period)
The school is yet to reach capacity and is actively promoting itself and seeking new students, not oJ)ly to increase
income lo the school, but also to enhance the pedagogic environinent conducive to a Steiner Waldorf education,
Walkthi'ough opportunities and a one-tO•one with the Head Teacher continue to be key in the proinotion of the school
and its offei.. Thei'e were 34 walktliroughs during this financial year that resulted in 16 new swdenls. In addition* group
walkthrough morning5 were scheduled and publicised across the cominunity and on digital channels siich as the school
website, with considci'able interest and attendance noted.
The Iraditional coinmunity-facing event5 took place ihis year with tlie re-introduction of the Easter fayie and the very
successful Christmas Fayi'e. Both events helped raise vital ￿ndS for ihe school as well as pi'oviding an opportunity to
raise the s¢hool's pi'ofile within the community.
During this reporting period, Ihe school appointed the following new posts that coiiiinenced in August 2023..
Kindergarteii Assistant
Upper School Arl and Geography Teacher
Upper Scliool Maths and Science Teacher (who replaced ihe previous teacher who left aftei. Inaiiy years, servicc)
Class One Teacher
Class Six Teachei.
Volunteers
The school relies heavily on volunteer activity for a significaiit ainount of work, particularly in areas siich as..
Fundraising
Public Relations (PR) and developinent
Grounds keepin(r and maintenance
The Parents & Frieiids Association (PFA) continues to raise vital funds for ih¢ school e.g. coffee and craft inornings foi.
pai'eiits.

HOLYWOOD STEINER SCHOOL LIMITED
Report of tlie Trustees
FOR THE YEAR F,NDED 31 AUGUST 2023
STRATLG IC RIPORT
Achievement and perform2nce
Charitable activities
Key achieveinenls diiring the year included:
Preschool received an outstanding annual inspection report with no ai'eas for iinprovement highlighted by Social
Sei'vices.
The School's Pi'ofessional Development Framework was introduced and the nuinber of staff availing of Continuing
Professional Developinent (CPD) increased froin 14 to 18 during the period. Consequently, tlie anijual budget for
Continuing Pi'ofessional Development (CPD) was increased by 150/0.
The 3-year School Development Plan (2022-2025) was introdu¢¢d.
The school inti'odliced a successfiil student council and external counselling service.
21 out of 24 key prioi'itie5 were achieved, leading to an iniproved provision and experience for pupils. For example,
88I/Fo of pupils achieved 7 A*
C GCSE grades including English and Maths in 2023 (up 2 percenl8ge points froin the
pj'evious year). These GCSE results continue to be well above the Norihem Ireland averages.
Financi&l review
Fiiiaiicial position
The Trustees i'eport a deficit of £15,807 for the period. with incoine of £689,220 and expenditure of £705,027.
When coinpared to the previous period:
Incoine inci'eased by £199,657 (froin £489,563), which is largely due to an increase in stiident enrolinenl (froin 127 to
l 52).
Expenditiii'e inci'eased by £159,824 (from £545,203). which is due to increased slaff costs following re¢riiitsn¢nt of
oiie additional teachei. and foiii, additional non-teaching staff.
As of 3 1st August 2023, bank ac¢oiinls have a ¢redil balance of £146,507.
The gi'eatest financial risks relate to the overall operatlOD and sustainability of the school, along with the Inaintenance
and repair of the physical buildings and its environs. Givcn that 850/0 + of the income is derived fi'om the school fees,
tl)eit is a significant risk if sNdent enrolinent decreases or irinains static in futui'e year5 as the school will then risk
opei'ating in a deficit (which ffis unsustainable). Indeed, this has beeii the case for several of Ilie yeal's pirceding this
pei'iod.
The Boai'd of Trustees recognises that the continued success of Ihe school (including Its fiiiancial viability and
sustainability) need5 to be based on a 51ralegy fociised on encouraging student enrolment and student i-elention, coupled
with an aiinual review of fee5 to fully cover operating costs. The capacity for ￿'Owth is also i'ecognised as key lo
increasing salai-ies for teachers. This need5 to be carefully balanced with the stt'ong desire lo continue delivei'ing a
qiiality steiner Waldorf edu¢alion, one that fulfils the school's stated inission, vision and value5.
Reserves poli¢y
The chai'ity had reserves of £359,985 at the year end. Thi5 is inade up of £190,154 in general unrests'icted funds,
(£82,158) of designated funds and £251.989 of restricted funds. The desionated funds relate to a histori¢ defined benefit
pension liability.
The Boai'd of Tnt5tee5 seeks to actively manage the fmances of the school to ensure that activities are siistainabl¢ foi.
the b¢nefit of all stakeholders. Following best practice guidance, the Board of Trustees has developed a Reserves Policy
as this is an important pajt of financial inanagement and forward financial planning. The Board of Trustees is defining
strategies to generate suffici¢nt reserves that will service 3-6 months of operating costs should there be uiiexpecled
events (siich as an annual op¢rating defLCit or unforeseen and anomalous expenditures) andloi. shortfalls in income (e.g.
a reduction in income associated with a decrease in student numbers).

HOLYWOOD STEINER SCHOOL LIMITED
Report of the Trustees
FOR THE YEI AR ENDED 31 AUGUST 2023
STRATEGIC REPORT
Financial revieiy
G(bing coiicern
lThe ti'ustees believe that the charity will continue as a going concern. The trustees and the Headteacher, 5UPPOrted by
the staff, are in the process of delivering the school's Strategy 2025, with a view to updating this strategy (up to 2027) in
the coming months. The continued success of the school (iiicluding its financial viability and suslainability) will be
based on this strategy which will focus on encouraging student enrolment and student retentiot), coupled wilh an annual
T¢view of fees and alternative fund-rdising activities to fully cover operating costs and contribute towards our reserves.
Priiicipal risks and uncertainties
The Boai'd of Trustees is i'esponsible for the manageinent of risks faced by the school. D¢tailed ¢onsideralions of risk
are delegated to the teams established to deal with each of ihese areas. Risks are idencified and assessed, and controls
established thi'oughoul the year. Key conlrols used by the Charity include:
Formal agendas and minutes for all Board related activities,
Detailed goals, objectives and tasks for all school teams.
Compi'ehensive strategic planning, budgeting and management accounting.
Foi'inal wi-itten policies and procedures.
Vetting and child protection pro¢edui'es as requir¢d by law for the protectioii of ihe students.
Through the i'isk manageinenl processes establi8hcd for the school, the Board of Ti'ustees is satisfied that the inajor risks
identified ai'¢ being adeqliately Initigated whei'e necessary, It is recognised that systeins can only provide reasonable but
not absolute assui'ance that inajor risks have been adequately managed. The Board of Trustees continiies to woi'k closely
with the Head Teacher to update the risk register, risk assessment processes and i'eview areas of Inajor risk ivithin Ihe
school.

HOLYWOOD STII IINER SCHOOL LIMITED
Report of the Tyustees
FOR THE YEAR ENDED 31 AUGUST 2023
STRATEGIC REPORT
Future plans
The Board of Tr115tees and the Headleacher, supported by the staff, are in the process of delivering the school's Strategy
2025, with a view to updating this strategy (up to 2027) in the coining rnonths, Th¢ ainbition set out in that stratcgy foi.
the school i'einains to ti'ansfoiin the school froim a local, hidden trcasurc, to a school of regional and international
statidii)E, I'ecognised foi. deliverints an outstanding creative educational prograin to each individual child, and instilling a
love of learning in tliein.
The Boai'd of Tnistees recogi)ises that collaboration and engageinenl with the wider school coininunity, including
teachers and parentslcarers, is ci'ucial to:
Help identify strengths and ai'eas fDr improvement-
Infoi-m the school's developinent plan- ai)d
Drive the school's growth and ensure Conlinual enhancein¢nt in education.
To support a shai'ed corninitment to excellence, Ilie Board of Trustees sought the views of teachers and parentslcarers
on sevei'al aspects I'elating to the school. Einerging priorities froin this exercise include:
Maintaining the siibstantial achievement5 Inade in pre-school and lower School, while acknowledging Ihei'e are
cultiiral and educational needs that iiiust be addressed in the upper school.
The school's physical buildings and its environ5 reqiiire further maintenance and repair (and capital inve5tinent) to
SUPPOI't educational enhanceiThent.
The inteiition of this collaboration and engageii)ent extends lo making sure the wider school coinrnuniiy is awai'e of
what tlie school requires to increase ils r¢serv¢s fund in line willi the appropriate financial governance of the school's
chai'ilable status and its business operdtional requirel￿ents.
The Boaiyl of Trustees recognises the extei'nal post pandeniic environrnent within which the school opei'ates reinains
uncci'lain, due to niaci'o political, legislative, economic and social challenges. Thei'efore, the continued success of the
school (including its financial viability and siistainability) needs to be based on a strategy fociised on eiicouraging
Student enrolinent and student retention, coupled wilh an annual review of fees to fully cover operating cos15, with a
view to generating addilional reserves in the next 3 years.
Oiir fiitui'e plans coiitiniie to be ambitious, and it will be iinportaiit to review progress on an ongoing basis.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Coveyniiig doeumeiit
Holywood Steiiier School Limited (HSS) is 8 registered charity. whicli is controlled by ils goverfting dociiment, a deed
of trLisI. and conslitiiles a limited coinpany, liinited by guarantee. a5 defined by the Coinpanies Acl 2006.
Recruitment and appointinent of new trustees
New Ineii)bership for the Board of Tiiislees involves recruitm¢nt campaigns niade via several channels, including the
school wcbsile and advertising on voluntary and charity s¢¢tor websiles. N¢iY inembei's are formally I'eci'uited and
appointed, as per the Articles of Association. Trusteeship is ratified al the Annual General Meeting.
New trustees receive the relevant documents including information about the role of adininistration at a Steiner or
Waldorf school. A skills assessiment of the Boai'd is carried out on an annual basis. More fomial tt'aining is also
scheduled on an annual basis with NICV A (Northern Ireland Council for Voluntary Action) and the Steinei. Waldorf
Fellowship.

HOLYWOOD STEINER SCHOOL LIMITED
Report of the Trustees
FOR THE YEAR ENDED 31 AUGUST 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Decision making
The Board of Trustees is responsible for the effective governance and overall legal and financial management of the
school. The full Board of T￿SteeS tneet5 once a month throughout the year, and it has designated the following sub
coinmittees-
People & Culture Sub Committee - overseeing policies. re¢ruitment and coinpliance. The work of iinplernenting
policies is supported by both teaching and non-leaching teams.
Development Sub Committee - overseeing Ihe developinent of the school (in tem]s of the physical assets. grounds and
Inaintenance, the charitable and educational activities etc.).
Finanee Sub Com mittee- overseeing incoine and expenditure and financial related matters.
The sub-cominittees also meet monthly and present recoinmendations to the full Board of Trustees.
The Boai'd of Ti'uste¢s appoints (einploys) all meiiibers of staff. li delegates responsibility for the effective Inanageinent
of the school to the Head Teacher and the College of Teachers. The task of the Board of Trustees is to hold an
awai'eness of, and Inake decisions about. what is in the best long-terni inlerest5 of ihe whole school.
The Headteacher, siippoited by a Senior Leadership Team, is responsible for the effective leadership and management
of the scliool.
All Ti-ustees and the Head Teacher are also invited lo participate in a strategic development workshop bi-anniially. In
addition. a sti'alegy sessioI) with Staff was held lo gain their valuable input on the school'5 Strategy 2025, with a view to
Iipdating this Sti'ate
y (up lo 2027) in the coming rnonihs.
Escalation of issues Ihat arise that cannot be re501ved following the docuiiiented processes cali be escalated directly to
th¢ Boai'd of Trust¢es.
Key management remuneration
The ieiniineration foi. s¢nioi' managcinent is based on siinilar posts aiid con'esponding payscales funded by the
Deparlii)ent of Education Nl. The Ineiiibers of Ilie Senior Leadership Teain (two Heads of School and a l.eai'ning
Suppoit Coordinator) are paid an addiiional £120 per Inonlh. otherwise refei'red to in the edLication sector as a salary
point foi. responsibility. A salary point paid for by the Department of Education Nl is over £200 per month.
Wider netivork
Tl)e school has been a ineinber of NICVA (Northern Ireland Council for Voluntaiy Action) since Januai'y 2008 and as a
meinber it can avail of advice and services. The school is a inember of the Steiner Waldorf Schools Fellowship which
provides advice, training and a link lo other UK and Irish Steiner schools.
The Holywood Steiner School was founded in 1975 to provide & Steinerlwaldorf education in Northern Ireland. The
Holywood Steiner School Limited is a coinpany limited by guarantee founded in 1977 and is registered as a charitable
Company with the HM Reveniie & Custoins and the Charity Coininission for Northern Ireland. It5 registered office and
Inaiii business address is 34 Croft Road. Holywood. Co Down. BTI 8 OPR.
The structiire of the Charity during 2022123 consisted of the Board of Trustees who Inanaged the bLisiness of the
Association. The Headteacher man1< ged the School with assisiance from the adininistration team and Early Years,
Lower School aiid Upper School Teaching representatives..
REFERF.NCE AND ADMINISTRATIVE DETAILS
Registered Company nuniber
NIO12003 (Noi'ihem li'¢land)

HOLYWOOD STEINER SCHOOL LIMtTED
Report of the Trustees
FOR THE YEI AR ENDED 31 AUGUST 2023
Registered Charity number
103712
Registered office
34 Croft Road
14olywood
Co. Down
BT18 OPR
Trustees
Ms Eslhei. Haller Clarke - Dii'ector {resigned 2315r2023)
Ms Caroline Mary Ball - Filim Producer (resigned 211512024)
Dr Lisa Siinpson {appointed 211512024)
Mr Garret O'Fachtna (appointed 211512024)
Mr Paul McTernan - Town Planner (resigned 231512023)
Mr Gerry Wai'wick- Accounlant (i'esigned 211512023)
Mi. Gareth Dalz¢ll - Cotnpany Dii'ector (resigned 2315r2023)
Mi's Mary Roulston - Relii'ed Teacher (rcsigned 2 11512024)
Ms Jenny Holland (appointed 211512024)
Mr Michael Denny (appointed 311112023)
Ms A5hliiig Cyray (appointed 1811 n024)
Ms Doininique Mcgari'y (appointed 1113r2024)
Mi. Darren Moffett- Mai'k¢ling Director (appointed 291512023) (resigned 291512024)
Mr Chris Preston - Coinpany Direclor (appointed 291512023) (resigned 2115r2024)
Ms Aoife Ciinninghain (appointed 211512024)
Ms Stephanie Jones - Secr¢l8iy (resigned 2315ll023)
Auditors
M.B.McGrady & Co
Cliai-lei'ed Accoiintants
Statutory Auditors
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
Co, Antrim
BT9 6GH
Bankers
Bank of Ireland
l Donegall Square South
Belfast
BTI 5LR
AUDITORS
The aiidÈtoi's, M.B.McGrady & Co. will be proposed for re-appointtnent at the forthcoming Annual General Meeting.
Report of the trustees, incorporating a 5trdtetFic report. approved by order of the board of Érustees, as the coinpany
clors, on 28 Aiigust 2024 and signed on the board's b¢half by:
Gaiitt O'F
htna-T
Iste

HOLYWOOD STEINER SCHOOL LIMITED
Statement of Trustees, Responsibilities
FOR THE YEAR ENDEI D 31 AUGiiST 2023
The trustees (who are also the direclors of Holywood Steiner School Limited for the purposes of company law) are
responsible for pi'eparing the Report of the Trustees and the financial stateinenls in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Geiierally Accepted Accounting Practice).
Coimpany law i'equires the trustees to prepare financial stateinents for each fiiiancial year which give a tt'ue and fair
view of the state of affairs of the charitable con)pany and of Ihe incoining iesoui'ces and application of resource5,
Èncluding the incoine and expenditure, of Ihe charitable company for ihat period, In prepai'ing those financial
statements. the trustees are reqliired to
select suitable accounting polici¢s and then apply them consistently.
observe the methods and principles in the Charity SORP.
Inak¢ judg¢inents and estimates Ihat are reasonable and prudent-
prepai'e the financial slaleinenls on the going concern basis Unless it is inappropriate to pitsume that the charitable
coinpany will continue in business.
The Ii'ustees are i'esponsible for keeping proper accoiinting records which disclose with reasonable accui'acy al any tiine
the financial position of the chai'itable company and to enable Ihein to ensure Ihat the financial staleinents coinply with
the Companies Act 2006. They are also responsible for safeguai'ding the assels of the charilable coinpany and hence for
takiiig reasonable sieps for the pi'evention and deteciion of fraud and oilier irregiilarlties.
In so fai. as the ti'ustees are aware:
there is no Irlevant audit information of which ihe charitable company's auditors are unaware; and
tlie li'ustees have taken all steps that Ihey ought to have laken lo make themselves aware of any relevant aiidit
infoi'inalion and io establish that the aiidilors are awaro of Ihat information.

Repoi't of the Independent Auditors lo the Trustees aiid Menibers or
Holyivood Steiner School Limited
Opinion
We have audited the financial stateinenls of Holywood Steiner School Liinited (the 'charitable coinpany,) loi. the year
ended 31 August2023 which comprise the Siatemenl of Financial Activities, the Balance Sheet. the Cash Flow
Slateinent and notes lo the financial stateinents, including a suiiiinaiy of significant accounting policies. The financial
reporting fi'amework that has been applied in their preparation is applicable law arnd United Ktngdom Accounting
Standai'ds (UnÈted Kinttdom Generally Accepted Accoiinting Practice).
In oui. opinion the fEnancial statements:
give a true and fair view of the state of the charilable coinpany's affairs as al J l August 2023 and of its incoining
resources and application of resources, including ils incoliie and expenditure, for the year then ended,.
have been properly prepared in accordance with Uniied Kingdoin Generally Accepted Accounting Pi'actice. and
Iiave been prepared in accordance with the requireinenls of Ihe Companie5 Act 2006.
Basis for opinion
We conducted our audit in accordance with liiternational Standards oil Auditing (UK) (ISAS (IJK)) aiid applicable law.
Our i'esponsibilities under those standards are further described in the Auditors, respoiisibilities foi. the audit of the
financial statements s¢¢tion of our itporl. We are independent of the cl)aritable company in accoi'dance with the
ethical requii'einents that are I'elevant to our audit of the fiiiancial slateinents iii the UK, incliiding the FRC'S Ethical
Standard, and we have fi]Ifilled our other ethical responsibilities in accoi'dance with these requirements. We beli¢v¢
that the audit evidence we have obtained 15 sufficient and appropriate to provide a basis for oui. opinion.
Conclusions rclating to going coiicern
In auditing the financial slatemenls. we have concluded that the truste¢s' use of the going concern basis of accouiiting in
the pi'epai'ation of the financial statements is appi'opi'idte.
Based on the wot'k we have pei'formed, ive have not identified any Inaterial uncertaintics relatii)g to events or conditions
that, individually or ¢olleclively, Inay cast significant doubt on the charitable coinpany's ability to continlie as a going
concei'n foi. a period of at least twelve months froi)I when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the tnisle¢s with respect to going concern are desci'ibed in the relevant
sections of this i'epoit.
Othei. inforniatioii
The Ii'uslees al'e responsible for the othei. inforinatioii. The otliei. inforniation coiiiprises Ihc infonnation iiicliided in the
Annual Report, other than the financial slaleii)ents and our Report of the Independcnt Auditoi's thereon.
Oui. opinion on the financial stateinenls does not cover the other inforination and, except to the extent otherwise
explicitly stated in our report, we do not express any fonn of assui'ance conclusion thereon.
In connection with our audit of the financial statements, our responsibiltty 15 to read the other infoi'ination and, in doing
so. consider whether thc other infonnalion is Inaterially inconsistent with the financial stateinents oi. oily knowledge
obtained in the aiidit 01- oth¢rwise appears to be materially iiiisslated. If we identify such Inaterial inconsistencies or
apparent Inatei'ial misstatements, we are required lo deterniine whelhei. tliis giv¢5 rise to a material inisstateinent in the
fiiiancial statetnents themselves. If, based on the work we have pei'forined. we conclude that there is a materia5
mis5tateinent of thL5 Other inforination, we are required to report tliat fact. We have nothing to report in this regard,
Opinioiis on other matters prescribed by the Companies Act 2006
In our opinioii, based on the ivork undertaken in the course of the audit:
the information given in the Report of the Trustees for the financial year for which the fmaI)cial statem¢nts al'e
prepared is consistent with the financial statements. and
the Report of the Truslees has been prepared in accordance with applicable legal requirements.
The coinparatÈve f￿(￿Llre5 for the Charity for the year ended 31 August 2022 are unaudited.
io

Repoyt of the Independent Auditors to the Trustees and Members of
Holyiyood Steiner School Limited
Matter5 on which Ive are required to report by exception
In the light of the knowledge and understanding of the chai'itable coinpany aiid its environtnent obtained in the course
of the audit, w¢ have not identified material InissialeJnents in the Report of the Trustees.
We have nothing to report in respect of th¢ following matters where the Coinpanies Act 2006 requires us to i-eport to
you if, in oiir opinion..
adequate accounting records have not been kept or returns adequate for oiir audit have not been received fi'oin
bl'anches not visited by us. or
the financial stateinents are not in agreeinent with Ihe accounting records and rethms; or
certain disclosures of trustees. remuneration specified by law are not made; or
we have not received all the information and explanations we reqiiire for our audit. or
the trLlStees were not entitled to take advantage of the simall coinpanies exemption from the requirement to prepai'e a
Sti'ategic Repot't or in preparing ihe R¢port of the Trustees.
Re5poiisibilitics of trustees
A5 explained Inot'e fLilly in the Statement of Trustees, Responsibilities, the trLlStees (who are also the directoi-s of the
chai'ilabl¢ company for the piirposes of company law) are Te5ponsible for the preparalion of the financial slatemenls and
foi- being satisfied that ihey give a true and lair view. and for such int¢mal control as lh¢ trustees detei'mine is nercssaiy
to enable the preparation of financial staleinenls Ihat are free from inatei'ial misstateinent, whether due to fraiid or error.
In pi'eparing the financial slalements. the trustees are responsible foy assessing the charitable ¢oinpany's ability to
Continue as a going concern, disclosing, as applicable, Inatters related to going concern and using the going concei
basis of accoiinting unless the ti'us¢ees eiiher intend to liquidate the charitable coinpany oi. to cease operations, oi. liave
no i'ealistic altei'naliv¢ but io do so.

Report of the Independent Auditors to the Trustees and Members of
Holywood Steiner Sehool Limited
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assui'ance about whether the financial stateinents as a whole are free fi'om
material mi5Stateinent, whether due to fraiid or error, and io issue a Report of the Independent Aiiditors that includes
our opinion. Reasonable assurance is a high level of assurance. but is not a gllRI'antee that an audit coiiducted Èn
accoi-dance with ISAS (UK) will always detect a material Jnisstatement when it exists. Mi5Stateinents can ai'ise fi'om
fraud or ¢n'or and are considered Inaterial if, individually or in the ag.tsretrate, they could reasonably be expected to
influence the econoinic decisions of useiB taken on the basis of these financial statements.
The extent to which our audit was capable of detecting irregularities, ineludillg fraud
In'egulai'ilies. including fraud, are instances of non-coinpliance with laws and regulations. We design procedures in line
with out. I'esponsibilities, outlined above, to detect material Inisstatemeiits in respect of irregularities. including fi'aud. In
assessing and detecting iri'egularilies such as fraud and non-compliance with laws and regulations we Considered the
following:
the matte13 discussed among the audit engagement teain and any other relevant professionals regarding how and
whei'e fraud inight occur in th¢ financial stateinent5 and any potential indicaloi's of fraud.
the natiire of the indusliy and any laws and regulations applicable to the company and the industry.
tlie conipany's own assessment of the risk of fraud and other irregularities;
the coiiipany's policies and procedures in relation to:
how they identify and coiT]ply with all relevant laws aiid regulations and whether tliey ale aware of any
noi)-coiMpliance'
how Ihcy delcct and I'espond to risks of fraud and their knowledge of any actual. suspected or alleged fraud. and
the coiitrol environinenl within the company and how tliis Initigates risks of fraud and iiistances of non-coinpliance
with laws aiid regulations.
As a I'esiilt of these pi'ocedures, we constdered the opportunities and incentives that inay exist within the organisation
for fi'diid and identified the greatest poleiitial foi. fi'aiid in relation to Ihisappi'oprialion of assets. In coininon with all
audits under ISAS (UK), we ai'¢ also required to perform specifjc procediii'es to respond lo the risk of Inaiiageinent
override.
In response to the risk of material Inisstatement through irregularities and non-¢oinpliance with laws and reglilations,
we designed procedui'es which incliided, but were not liinited to:
eiisuring the engageinent team had the appropriate knowledge and expertise in order to be able to identify and
recogni5e any instances of fraud or non-coinpliance with laws and regulations.
lye identified the laws and regulations applicable to the coinpany through discussions ivilh directors and Inanagement
and fi'oin oiir ki)owledge and experience of the seclor. and
ensuring the audit was carried out with a level of professional scepticism.
In response to the risk of irregularities and non-compliance with laws and reoulations. we designed procedures which
included, but were not liinited to:
enquii'ing of Inanageinent concerns of actual and potential litigation and clallns.
agreeing the financial statement disclosures to underlying supporting dociiinentation to assess coinpliaiice with
relevant laws and regulations; and
reviewing correspondence with the Charity Commission for Northem Ireland and any other relevant regulatory bodies
To address the risk of fraud through management bias and override of controls, Ive:
pei'foi'in analytical procedures to identify any un115ual or unexpected relationships ihat may indicate risks of material
misstate]￿ent due to fraud-
test the appropi'iatene5s of joumal entries and other adjustments.
assess whether the judgeinent5 tnade in making accounting estimates are indicative of a potential bias- and
12

Report of the Independent Auditors to th¢ Trustees and Members of
Holyivood Steiner School Limited
evaluate the business rationale of any significant transactions that are unusual or outside the nonnal course of
busines5.
We a150 communicated relevant identified laws and regulations and potenlial fraud risks to all engagement teain
members and significant component audit leams, and remained alert to any indications of fraud or noncoinpliance with
laws and regulations throughout the audit.
Thei'e are inherent limitations in our audit procedures described above. The more removed that laws and regulations are
from financial transactions, Ihe less likely it is that we would become aware of non-coinpliance. Auditing standards also
liinit the audit procedures required to idenlify non-compliance with laws and regulations to enquiry of the directoi's and
other manag¢m¢nt and the inspection of regulatory and legal correspondence. if any.
Material misstatements thal arise due to fraud can be harder to detect than those that arise froin error as they may
involve deliberate concealinenl or collusion.
A further description of our responsibilities for ihe audit of the financial statcinents is located on the Financial
Repoiting Council's website at www.frc.org.uklauditorsresponsibilities. This description forms parl of our Report of the
Independent Auditors.
Use of our report
This i'eport is Inade solely to th¢ charitable company's members. as a body, in accordance with Chapter 3 of Part 16 of
the Coinpanies Act 2006. Our audit work has been undertaken so that we might slate to the charitable coinpany's
Ineinbei's those inatters we are required to stal¢ to them in an auditors, report and for no other purpose. To the fullest
extent perinitted by law, we do not accept or assuine responsibility to anyone oiher ihan the charitable coinpany and the
charitable coinpany's inembers as a body, for our audit work, for this r¢port, or for the opinions we have foi'iiied.
Conaill M¢Grady
for and on behalf
Chartered Accoiinta
Slaliilory Auditors
Siiite 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Anlrim
BT9 6GH
or Sta
B.Mc
Auditor)
dy&Co
28 Augiist 2024
13

HOLYWOOD STEINER SCHOOL LIMITED
Statement of Financial Activities
(Incorporating ali Income and Ei xpenditur¢ Account)
IOR TFIE YEAR ENDED 31 AUGUST 2023
3118123
Total
funds
3118122
Total
funds
UnrestrictedRestricted
funds
fund
Notes
INCOMI AND KNDOWMENTS FROM
Donations and legacies
8,771
8,771
2,605
Cha ritable activities
Chai'itabl¢ Activiti¢s
628,240
10,696
638.936
460,689
Other trading activities
Investment income
41,242
271
41,242
271
26,006
263
Total
678,524
10,696
689,220
489,563
F.XPF.NDITURE ON
Charitable activities
Chai'i¢able Activities
Suppoi't Costs
694,772
8,874
703,646
545,203
Total
696,153
8,874
705 027
545,203
NEI T INCOME/(EXPENDITURE)
(17,629)
1,822
(15,807)
(55,640)
RICONCILIATION OF fi UNDS
I"otal funds bi'ought forward
125,625
250,167
375,792
431,432
TOTAL FUNDS CARRIED FORWARD
107,996
251,989
359,985
375 792
The notes fonn part of these fmancial slatements
14

HOLYWOOD STEINER SCHOOL LIMITED
Balance Sheet
31 AUGUST 2023
3118123
3118122
Notes
FIXED ASSETS
Tangible as5els
Investment5
14
15
463,132
477,283
4,469
466,220
481,752
CURRENT ASSE* TS
Debtors
Cash at bank and in hand
16
38,748
146 507
24,754
126 040
185,255
150,794
CREDITORS
Aiiioiints falling due within one year
(150J32)
(107,556)
NET CURRENT ASSETS
TOTAL ASSETS LE+SS CURRENT
LIABILITIES
501,143
524,990
CRIDITORS
Ainounts falling due after inore than one year
18
(59,000)
(59,000)
PENSION LIABILITY
22
(82,158)
{90,198)
NET ASSEITS
359,985
375,792
FUNDS
Uni'esli'icted funds.,
Genei'al fund
Designated funds
190,154
215,823
107,996
125 625
Restricted fLinds'.
Resti'icted fund
251,989
250 167
TOTAL FUNDS
359,985
375,792
The fmancial statements were approved by the Board of T￿slee5 and authoi'ised for issue on 28 August 2024 and were
signe
its
by..
Mr Garret O'Fachtna -
Trustee
The note5 forni part of these financial stateinents
15

HOLYWOOD STEINER SCHOOL LIMITED
Cash fi loiv Statement
FOR THE YEAR Et4DED 31 AUGUST 2023
3118123
3118122
Noles
Cash flo)vs from operating activities
Cash geneTated from operations
24
{28 209)
Net cash provided by/(used in) operating actAVLties
28.209)
Cash flows fi'om investing activities
Piirchase of tangible fixed assets
Interest received
(9,962)
271
(26,927)
263
Net cash used in investing activities
9,691}
26,664
ChAnge in cash and cash equivalent5 in
the reporting period
Casli and cash cquivalents At the
beginning of the reparting period
20,467
(54,873)
126 040
180.913
Ca%li fi nd ca511 eq uivolents at the end of
the repoi'ting period
146 507
126,040
The notes form part of these financial stateinents
16

HOLYWOOD STEINER SCHOOL LIMITED
Notes to the Fiiianci81 Statements
FOR THE YEAR ENDED 31 AUGUST 2023
ACCOUNTING POLICIES
Basis of preparing the financial statements
The fjnancial stateinenls of the chariiable coinpany, which is a public benefit entity under FRS 102, have been
pi'epared in accordance wilh the Charities SORP (FRS 102) 'Accoiinting and Reporting by Chai'ilies: Stateinent
of RecoETllnended Practice applicable to chai'ities preparing their accoiints in accordance with the Financial
Reporting Standai'd applicable in the UK and Repiiblic of li'eland (fRS 102) (effective l Januaiy 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
li'eland, and the Coinpanies Act 2006. The financial slaieinents have been pi'epared under the historical cost
conveiition, with the exception of investinents which are incllided at inark¢t value.
Tl)e chai'ity is incorporated in Northern Ireland.
Income
All incotne is recognised in the Slateinent of Financial Activities onc¢ the charity has entilleinent to the funds, it
is probable that the incoine will be received and the aimoiint can be Ineasured reliably,
Incotne from charitable activitie5 is the ainount derived from the provision of goods and services slated aftei,
discoiints.
Encoine fi'om donations or grants is recognised when there is evidence of entitle1￿ent to the gift, receipt 15
probable aiid ils ainouiit can be Ineasured i'eliably.
I xpenditure
Liabililics al'e recognised as expenditure as soon as there is a legal or constructive obligation cominitting ihe
chai'ity to that expenditiire, it is probable that a trydnsfer of econoinic benefits will be reqiiired in settleinent and
the aniount of the obligation can be Ineasured reliably. Expenditiire is accounled for on an acci'iials basis and has
been classified under headings that aggregate all cost related to the category. Where c051s cannot be directly
&tts'ibuled to particular lieadings they have be¢n allocated to aclivilies on a basis Consistent with the use of
I'esources.
Tangible fixed Assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated usefiil
life.
Freehold property
FixtLLres and fittiiigs
Coinpiiter equipinent
20/0 on cost
l Oil/o on cost
100/9 on cost
Tangible fixed assets are initially ineasured at cost.
Taxxtion
The charity is exempt from corporation lax on its charitable activities.
Fund accounting
Uiii'estricted funds can be used in accordance with the charitable objective5 at the discretion of the trustee5.
Restricted funds can only be used for parlicular restrictd purposes within the objects of the charity. Restrictions
arise when specified by the donoi. or when funds are rdised for particular restricted purpose5.
Fuither explanation of the nature and purpose of each fund is included in the notes to the financial statements.
17
continued...

HOLYWOOD STEINER SCHOOL LIMITED
Notes to the Financial Statements - continued
FOR THE YEAR ENDCD 31 AUGUST 2023
ACCOUNTING POLICIES- continued
Financi*l instruments
Financial assets and financial liabilities are recognised when the chai'ity becoines party to tl)e contt'actual
provisions of the instrument.
Financial liabilities and equity instruments are classified according io the substance of the cont17Ctual
arrangeinents entered into, An equity instrument is any contrdet that evidences a residiial interest in the assets of
tlie charity after deducting all of ils liabilities.
The charity's policies for ils major classes of financial assets and fmancial liabilities are set out below.
Financial assets
Basic fiiiancial assets. incliiding trade and other debtors and cash and bank balances are initially i'ecognised at
transaction price, unless the arrnng¢ment constitutes a f￿aficIng transaction, where the transaction is measured
at the pirsent value of the future receipts discounted at a inarket rale of interest for a siinilai. debt insti'iirnent.
Finai)cing transactions are those in which payinent is deferred beyond normal business terins or 15 fin8nced at a
rate of interest that is not a inarkel rate.
Such assets are siibsequently carried at amortised cost using the effective interest rate meihod, less aiiy
inipairinent.
Finall¢iAI IiAbilities
Basic finaiicial liabilities, including trdde and other creditoi's and loans are initially recognised 8t ti'ai)sactioi)
pi'ice, uiiless the ari'aiigeinent constitutes a financing irnnsaction, where the debt instruinent is measui'ed at the
pi'esent value of the future payinentsdiscoiinted at a inai'kec rate of intei'e51 foi. a siinilai. debt instrLiinent.
Financing li'ansaclions are those in whicl) payinent is deferred beyond normal business terins or is finaiiced at a
rate of interest that is not a Inarket rate.
Debt instruinents are siibsequently carried at ainortised cost, using the etyeclive interest rate method.
Inipaiynient of financiAI assets
rindncial assets iiieasiired at cost ai)d amortised cost are assessed at the end of each reporting pei'iod for
objective evidence of iinpainnent. If objective evidence of iiiipairment is found, an iinpaii'inent loss is
recognised in the profit and loss account.
For financial assels measui'ed al cost less iinpainnent, the iinpainneiit loss is Ineasured as the difference between
the asset'5 cariying amount and th¢ best esiiinate of the amount tlie charity would r¢reive foi. the assel if it were
to be sold at the reporting date.
For financial assets measured ai amortised cost, Ihe impainnent loss is ineasured as thc diffei'ence between the
asset's ¢an'ying ainount and the present value of estimated cash flows discounted at the asset's oi'iginal effective
interest rate. If the financial assei has a variable interest rate, the discount rate for measuriiig any iinpaiTinent
loss is the current effective interest rate delerinined under the contract.
If there is a decrease in the impairment Ios5 arising from an event occurring after the impairin¢nt was
recognised, the i]npairment is reversed, The reversal is such that the current ca11ying flinount doe5 not exceed
what the ¢aiTying amount would have been had the impairment not previously been recognised. The impairment
reversal is recoonised in profit or loss.
Derecognition ol financial a55ets and financial liabilities
continued...

HOLYWOOD STEINER SCHOOL LIMITED
Notc5 to the rt Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2023
ACCOUNTING POLICIES - eontinued
Finaiicial in5truznents
Financial assets are derecognised Nvhen (a) tlie contractual ri￿)￿ to the cash flows from the asset expire oi. are
settled. or (b) substantially all the risks and rewai-ds of Ihe ownership of the asset are Iransferred to another
party. or (c) despite having retained some significant risks and rewards of ownership, control of the assei to an
uni'elated third party without imposing addilional restrictions.
Financial liabilities are derecognised when the liability is extinguished. Ihat is wh¢n the contsactlial obligation is
discharged, cancelled or expires.
Offstttiiig of financial assets aiid finaiiei21 liabililits
Financial assets and liabilities ar¢ offset and tlie net amounl reported in the balance sheet when there is an
enforceabl¢ i'ighi lo s¢1 off the r¢congised amounls and thei¢ is an ii)¢ention to settle on a net basis oi. to realise
the asset and settle the liability siinultaneoiisly.
Pension costs and otlier post-retirement benefits
The chariiable company operales a defined contribution pension scheine. Contributions payable to the
charitable coinpaiiy's pension scheme are charged to the Statement of Financial Activities in the period to which
they relate.
Going concern
The financial simtements have beert prepared on a going ¢oncem basis Wlth no material unceitaii)ties arising.
The trustees believe that the charity will contiiiue as a going concern. Appropriate planning has been undertaken
for the funding and pi-ovision of cliarilable services and and tliere are no concerns regarding the long-term
fLinding for the charity and its activilies.
DONATIONS AND LEGACIES
3118123
3118122
Donations and Gifts
8,771
OTHER TRADING ACTIVITIES
3118123
3118122
Playgi'oup Income
Gliest Student
Choir Iiicoine
Afterschool club income
Pai'¢nt and child gi'oLIP
Room Hii'e Incoine
GCSE fees
21,665
3,848
17.100
7,436
33
850
587
11,754
130
1.265
2,580
41,242
26,006
19
continued...

HOLYWOOD STLINER SCHOOL LIMITED
Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2023
INVESTMENT INCOME
3118123
3118122
Interest Receivable
271
263
INCOME FROM CHARITABLE ACTIVITIES
3118123
3118122
Activity
Charilable Activities
Charitable Activities
Charitable Activities
Parental Conu'ibutions
Grant5
Other Inconie
584,587
34,929
19,420
452.518
6,729
1.442
638,936
460,689
Grant5 I'eceived, incliided in the above. are as follows-.
3118123
3118122
Ai'ds and North Down
DAERA
2,279
CHARITABLE ACTIVITIES COSTS
Dii'ecl
Costs (See
nole 7)
Suppoi'l
costs (see
nole 8)
Totals
Chai-ilable Activities
Support Costs
586,416
117,230
703,646
586,416
118 611
705,027
20
continued...

HOLYWOOD STII INER SCHOOL LIMITED
Notes to the Financial Statements - continued
roR THE YEAR ENDED 31 AUGUST 2023
DIRECT COSTS OF CHARITABLE ACTIVITIES
3118123
3118122
Staff costs
Equipinent Rental
Education Supplies
Steiner School Fellowshtp
Exainination Expenses
Staff Travel and Ti'ainino
Inci'¢ase in Bad Debt Provision
Supply Teachers
Grant expenditure
Depreciation
Loss on sale of assels
504,790
4,120
29,283
3,931
407,192
3,606
17,968
,750
11
2,889
3,653
4,296
466
8,874
21,219
2,895
,989
3,448
4,450
232
,109
20,913
586 416
462,657
SUPPORT COSTS
Information
technology
Management
Finance
Charitable Activities
Siippoi't Costs
64,150
32,746
IS,334
64,J50
32,746
15,334
Human
resources
Govei'iiance
e0515
Totals
Charitable Activities
Siipporl Costs
5,000
117,230
lJ81
1,381
5,000
118611
NIT INCOMEI(EXPENDITURE)
Net in¢oine/(¢xp¢nditure) is stated after chargingl(crediting):
3118123
3118122
Depi'eciation - owned assets
Deficit on disposal of fixed assets
21,218
2,895
20,871
continued...

HOLYWOOD STEI IP4ER SCHOOL LIMITED
Note5 to the Financial Statemeiits continued
FOR THE YEAR ENDED 31 AUGUST 2023
io.
AUDITORS, REMUNERATION
3118123
3118122
Fees payable to the charity's auditors for the audil olthe charity's financial
stateinents
3,140
ii.
TRUSTEIS, REMUNERATION AND BENEFITS
Theie were no trustees, remunerdlion or other benefits for the year ended 31 August 2023 nor for the year ended
31 Aiigust 2022.
Ti'ustees, expeiises
Their were no
31 August 2022.
trust¢¢s' ¢xpenses paid for the year ended 31 Augu5t2023 nor for Ihe year ended
12.
STAFF COSTS
3118123
3118122
Wages and salaries
Social security costs
Olhei. pension costs
461,605
29,980
373,996
22,643
10,553
504 790
407 192
The average monthly i)iiinber of eiiiployees during the year was as follows:
3118123
20
3118ll2
Teaching staff
Non-teaching slaff
28
24
No employees received eii)oluinents in excess of £60,000.
13.
Col￿ARATIVEs FOR THE STATEMENT OF FllYANCIAL ACTIVITIES
UnrestrictedRestricted
fund5
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Doi)ations and legacies
2,605
2,605
Charitable activitie5
Charitable Activities
455.260
5,429
460,689
Other trading activities
li)vestsnent income
26.006
263
26,006
263
Total
484,134
489,563
22
continued...

HOLYWOOD STEif4ER SCHOOL LIMITED
Notes to the Finaiicial Statements - continued
FOR THE YCI AR ENDED 31 AUGUST 2023
13.
COIVIPARATIVIS FOR THE STATEMENT OF FINANCIAL AcfiviTIES - continued
Unre5tri¢tedRestrieted
funds
fuiid
Total
funds
XPENDITURE ON
Charitable activities
Charitable Activities
537,292
545,203
NCT INCOMEI(EXPF.NDITURE)
Transfers betiveen funds
(53,158)
(2.482)
2,279)
(55,640)
Net movement in funds
(50,879)
(4,761)
(55,640)
RECONCILIATION OF FUNDS
Totttl ￿ndS bi'ought forward
176.504
254,928
431,432
TOTAL FUNDS CARRIED FORWARD
125.625
250,167
375 792
14.
TANGIIJLE FIXED ASSETS
Improvements
to
proper(y
Fixtures
and
ritlings
Freehold
property
Computer
equipinent
Totals
COST
At I September 2022
Additions
Disposals
722,412
23,440
7,302
100,081
2,400
15,355
260
6,159)
861,288
9,962
9,086)
At 31 Aiigust 2023
722 412
9,456
862,164
DEPRECIATION
At I September 2022
Chai'ge for year
Eliininated on disposal
312,092
14,448
293
615
64,559
4.657
7,061
1,498
384,005
21,218
At 31 August 2023
326,540
908
399,032
NET BOOK VALUE
At 31 August 2023
395 872
29.834
31,801
5,625
463,132
At 31 Augiist 2022
410,320
23,147
35,522
8,294
477,283
23
Continiied...

HOLYWOOD STII INER SCHOOL LIMITED
Notes to the Finallcial Statements continued
FOR THE YEAR CNDED 31 AUGUST 2023
15.
FIXED ASSET INVESTMENTS
Unlisted
Rnve5tments
IIiARKllT VALUE
At I Septeinber 2022
Movement in year
4,469
At 31 August 2023
3,088
NET BOOK VALUE
At 31 August 2023
3,088
At 31 Augusi 2022
4.469
There were no investment assets outside the UK.
16.
DEBTORS: AMOUNTS FALLING DUC WITHIN ONE YEAR
3118123
3118122
Trade debtors
Olher debtors
Prepayin¢nls
35,042
979
21,566
367
2,821
17.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3118123
3118122
OihLI' loans (see note 19)
Trnde creditors
Social security and other taxes
Other creditors
Accruals and deferred incoime
5,165
19,923
6,859
108,236
5.165
11,423
10,887
73,898
150 332
107 556
24
continued...

HOLYWOOD STEINER SCHOOL LIMITED
Notes to the fi inancial Statements continued
FOR THE YEAR ENDED 31 AUGUST 2023
18.
CREDITORS: AMOUNTS FALLING DUE AYfER MORE THAN ONE YEAR
3118123
3118122
Othei. loans (see note 19)
59,000
S9,000
19.
LOANS
An analysis of th¢ matui'ity of loans is given below-
3118123
3118122
Amounts falling due within oiie year on demand:
Oth¢r loans
5,165
Aniounts falling between one and two years:
Othei. loans - 1-2 years
59,000
59,000
20.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
3118123
Tot21
fuiids
3118122
Total
funds
UijreslrietedRe5tricted
fuiids
fuiid
Fixed assets
Investments
Cui'rent asset5
Clirrent liabilities
Long tei'in l iabililies
Pensioii liability
211,143
3,088
185,255
(150,332)
(59,000)
82 158)
251,989
463,132
3,088
185,255
(150,332)
(59,000)
82,158)
477,283
4,469
150,794
(107,556)
(59,000)
90 198)
107 996
251989
359,985
375,792
21.
MOVEMENT IN FUNDS
Net
movement
In fuiids
At
3118123
At 119122
Unrtstricted funds
GLncral fund
Designated funds
215,823
90.198)
(25,669)
190,154
82,158)
125,62S
(17,629)
107,996
Restricted funds
Restricted fvnd
250,167
1,822
251,989
TOTAL FUNDS
375,792
359 985
25
continued...

HOLYWOOD STII IP4ER SCHOOL LIMITED
Notes to the Finaneial Statements - continued
FOR THE YEAR Il NDED 31 AUGUST 2023
21.
MOVEMENT IN FUNDS - conlinued
Net moveinent Èn funds, included in the above are as follows:
Incoming
resources
Resources
expcnded
Movement
in funds
Unrestricted funds
General fund
Designated funds
678,524
(704,193)
8,040
(2S,669}
678,524
(696,153)
(17,629)
Restrieted lunds
Restricted fund
JO,696
(8,874)
1,822
TOTAL FUNDS
689 220
70fj,027)
15,807)
ConipAratives for movement in funds
Net
movement
iii funds
TrAnsfers
between
funds
At
3118122
At 119121
Unrestricted funds
Genei'al ￿nd
Designated fiinds
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
254,9?8
(2,482)
(2,279)
250,167
TOTAL FUNDS
431432
375 792
Compai'ative net moveinent in funds, included in the Above are as follows:
Incoming
resources
Resources
expended
Movement
in fund5
Unresti'icted funds
General fund
De5itynated funds
484,134
(551,971)
14,679
(67,837)
14,679
484,134
(537,292)
(53.158)
Re5trict¢d fund5
Restrirled fund
5,429
(7,911)
(2,482)
TOTAL FUNDS
489,563
545 20J
55,640)
26
ontinued...

HOLYWOOD STEI INER SCHOOL LIMITED
Notes to the fi inancial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2023
21.
MOVEMENT IN FUNDS - continued
A current year 12 tnonths and prioi. year 12 months co)nbin¢d position 15 as follows:
Net
movement
Én funds
Transfers
betwecii
funds
At
3118n3
At 119r21
Unrestricted funds
Genei'al fund
Designated funds
281,381
104 877)
(93.506)
2,279
190,154
82 158)
176,504
(70,787)
2,279
107.996
Restricted funds
Restricted fund
254,928
(660)
(2.279)
251,989
TOTAL fiUNDS
431.432
71,447)
359 985
A ciirrent year 12 Inonlhs and prior year 12 months coinbined net Inoveinent in funds, included in the above are
as follows:
Incoming
resources
Resources
expended
Movement
In funds
Unrestricted funds
General fund
Designated funds
,162.658
(1,256,164)
(93,506)
22,719
,162,658
(1,233,445)
(70,787)
Rcsti'icted funds
Resti'icted fund
16,125
(16,785)
(660)
TOTAL FUNDS
1 178,783
(1250 230)
71447)
22.
CMPLOYEE BENEFIT OBLIGATJONS
A full actuarial valuation was last carried out at 29 December 2021 and valued the pension liability al £134.000.
An actuarial review was carried out as at 29 Deceinber 2023 and estllnated ihe School's pension liability at
£86,000.
At 31 August 2023 £82,158 is recognised as designated funds in respect of this liability
The cost of providing benefits under defined benefEt plans is deterinined separately and is based on actiiarial
alculations.
The change in the net defLned benefit liability arising from einployee service during the year is i'ecognised as an
employee cost. The cost of plan intr(K4u¢tions, benefit changes. settlements and curtailments are recognised as
incurred.
Payments to defined conti'ibution retirement benefit schemes are charged as an expense as tliey fall due.
27
continued...

HOLYWOOD STEINER SCHOOL LIMITID
Notes to the FiIiancial Statements - coiitinued
FOR THE YEAR ENDED 31 AUGUST 2023
23.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2023.
24.
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
3118ll3
3118122
Net expenditure for the reporting period (as per the Statement of
Financial Activities)
Adjustinents for:
Depreciation charges
Loss on dispcisal of fixed assets
lrnterest received
(Gain) / Loss on Investinent
Increase in debtors
Inci'ease in ci'editors
Diffei'ence between pension charge and cash coi)tributions
(1 5,807)
{55.640)
21,219
2,895
(271)
1,380
(13,994)
42,776
8.040)
20,871
(263)
2,081
(1.810)
14,012
7.460)
Net cash provlded by/{u5cd in) operalions
28,209)
25.
ANALYSIS OF CHANGES IN NET FUNDS
At 119122
Cash flow
At 3118123
Net cash
Cash at bank and in hand
126040
146 $07
126,040
146,507
Debt
Debis falling diie within l year
Debts falling due after l year
(5,165)
59,000)
(5,165)
59 000)
Total
82,342
28

HOLYWOOD STEINER SCHOOL LIMITED
DetAiled Statement of Financial Aetivities
FOR THE YCAR ENDED 31 AUGUST 2023
3118123
3118122
INCOME AND ENDOWMENTS
Donations and legaci¢s
Donations aiid Gifts
8,771
2,605
Other tradiiig activitie5
Playgroup Incoine
Guest Sthdent
Choii. Incoine
Afterschool Cliib incoine
Pai'¢nl and child group
Rooin Flire Incoine
GCSE 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 activities
Pai'enlal Contribiitions
Gi'ants
Other In¢oine
584,587
34,929
19,420
452,518
6.729
1,442
638,936
460,689
TotRI incoming resoui'ces
689,220
489,563
CXPINDITURE
ChAritAble Activities
Staff Costs
Social security
Peiisioiis
Eqiiipinent Rental
Education Siipplies
Steiner School Fellowship
E,xainination Expenses
Staff Travel and Training
Inci'ease in Bad Debt Pi'ovision
Siipply 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
3,006
17,968
1,750
1,989
3,448
4,450
232
1,109
41
441,785
562,302
ThÉs page does not form part of the statutory fjnancial statements
29

HOLYWOOD STEINER SCHOOL LIMITED
Detailed Statement of Financial Activities
FOR THE YEAR ENDED 31 AUGUST 2023
3118123
3118122
Cliaritable activities
Bi'ought forward
Depi-eciation and ImpaiiThents
Loss on sale of tangible fjxed assets
562,302
21,219
441,785
20,872
586,416
462,657
Support costs
Mailagement
Rates and water
Insui'ance
Light and heat
Telephotte and Internet
Other Office Costs
Advertising
Coinputei. and Website Costs
694
17,441
23,972
5,241
5,531
7,65
607
13,858
20,324
3,997
4,541
2,919
3,090
64,150
49,336
FlnAnc¢
LcgT¢il and PIDfessional Fees
SLindi-ies
Bank ¢harges
28,577
2,837
13,735
1,594
1,170
32,740
16,499
ljiform8tion technology
Repairs and maintenance
15,334
13,010
Huinan resource5
Movement on investments
1,381
2,081
Governance costs
ALiditoi's' I'einuneralion
Accountancy fees
3,140
1,860
5,000
Total resources expended
705 027
545 203
Net expenditure
1S807)
55,640)
This page does not fonn part of the statutory fmancial statements
30