HIPPERHOLME GRAMMAR SCHOOL FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £73,702 for the year ended 31 August 2024, resulting in a decrease in unrestricted funds. Per the trustees' report, free reserves totalled £140,912, which is below the stated policy target of £1 million. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the aim of the trustees to have a reserve of £1 million pounds held as an unrestricted fund readily available in relatively liquid form” — page 11
“During the year, the Foundation purchased flowers at a cost of £47 for the spouse of a trustee.” — page 39
“On 12th May 2025 Hipperholme Grammar School Ltd became sole corporate Trustee of the charity” — page 3
Structured financials (annual return, FY ending 31/08/2024)
Trustees
- Hipperholme Grammar School Ltd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | — | — |
| 31/08/2024 | £3.6m | £3.7m |
| 31/08/2023 | £3.5m | £3.2m |
| 31/08/2022 | £3.2m | £3.0m |
| 31/08/2021 | £3.2m | £3.0m |
Common questions
Is HIPPERHOLME GRAMMAR SCHOOL FOUNDATION financially healthy?
The accounts state that the charity reported a deficit of £73,702 for the year ended 31 August 2024, resulting in a decrease in unrestricted funds. Per the trustees' report, free reserves totalled £140,912, which is below the stated policy target of £1 million. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by BHP LLP.