HULME HALL EDUCATIONAL TRUST LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a deficit of £351k for the year ended 31 August 2023, resulting in unrestricted fund balances of £1,520,740. The trustees note significant economic pressures and political uncertainty regarding VAT on school fees but confirm that the school can meet its obligations for at least twelve months. Reserves are held in line with a policy target of three to six months of direct charitable expenditure.
What the accounts disclose
“The Trustees have determined that the free reserves should be equivalent to approximately three to six months direct charitable expenditure.” — page 11
Leadership, per the charity’s website
- Mr Dean Grierson — Headmaster
- Mrs Jacqueline Smith — Assistant Headteacher (Pupil Progress)
- Mr Philip Bradford — Assistant Headteacher (Curriculum)
- Mr Simon Malkin — Business Manager
- Mr Richard Lamerton — Associate Assistant Headteacher
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Timothy Lowechair
- Christopher Milton Robertson
- Edward William Nicholls
- John Shackelton
- LAURENCE HOWARTH CARR
- Richard Charles Shonfeld
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £2.9m | £2.8m |
| 31/08/2024 | £2.6m | £3.0m |
| 31/08/2023 | £2.4m | £2.7m |
| 31/08/2022 | £1.9m | £2.4m |
| 31/08/2021 | £1.5m | £2.1m |
Common questions
Is HULME HALL EDUCATIONAL TRUST LIMITED financially healthy?
The accounts state that the charity reported a deficit of £351k for the year ended 31 August 2023, resulting in unrestricted fund balances of £1,520,740. The trustees note significant economic pressures and political uncertainty regarding VAT on school fees but confirm that the school can meet its obligations for at least twelve months. Reserves are held in line with a policy target of three to six months of direct charitable expenditure. Its FY2023 accounts were audited by Azets Audit Services.