HORNSBY HOUSE EDUCATIONAL TRUST
Financial health, per its FY2023 accounts
The accounts state that the School generated an operating surplus of £903,877 for the year ended 31 August 2023, with total income of £8,399,741. Per the trustees' report, unrestricted reserves accumulated to £11,797,569, which the Trustees attribute to the significant cost of the School's freehold land and buildings rather than a specific policy target. The auditor confirmed that resources are adequate to continue in operation for the foreseeable future with no material uncertainties identified.
What the accounts disclose
“The reserves held are required to finance the freehold property and to cover normal fluctuations in working capital. The reserves have accumulated to 811,797, 569 and reflect the significant cost of the School's freehold land and buildings.” — page 8
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Corinne Aldridgechair
- Camilla Richardson
- DAVID SMITH
- Enyimnaya Nwosu
- Mandy Brown
- Neil Newman
- Polly Katrina Fraley
- Sameer Tanna
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £9.7m | £8.9m |
| 31/08/2024 | £9.3m | £8.2m |
| 31/08/2023 | £8.4m | £7.5m |
| 31/08/2022 | £7.7m | £7.2m |
| 31/08/2021 | £6.9m | £6.5m |
Common questions
Is HORNSBY HOUSE EDUCATIONAL TRUST financially healthy?
The accounts state that the School generated an operating surplus of £903,877 for the year ended 31 August 2023, with total income of £8,399,741. Per the trustees' report, unrestricted reserves accumulated to £11,797,569, which the Trustees attribute to the significant cost of the School's freehold land and buildings rather than a specific policy target. The auditor confirmed that resources are adequate to continue in operation for the foreseeable future with no material uncertainties identified. Its FY2023 accounts were audited by Ward Williams Limited.