HULME HALL EDUCATIONAL TRUST LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have reviewed the financial forecasts and projections which demonstrate that, despite the future challenges of VAT on school fees, abolition of business rate relief and additional National Insurance contributions (all due to take effect in 2025), the school is able to meet its obligations as they fall due for a period of at least twelve months from the date of signing these financial statements.”

Significant events

• “In May 2024 the School completed the disposal of the Buttersfield site to boost reserves further and provide the necessary capital funding to purchase the current school building from the Department of Education.”
• “The School made a surplus after depreciation of £1,052k (2023: deficit of £351k). Included within the surplus was £1,426k net profit on disposal of the Butterfield site and £272k costs associated with the rental and subsequent purchase of the current site and work on an aborted sale to a third party.”
• “On 1 May 2024, the charity sold the Buttersfield land for £1.5 million and the proceeds from this were used to purchase the remaining 50% of the school building, at a cost of £1.115 million.”
• “From 1 January 2025 private school fees will be charged with standered rated value added tax and the charity will be required to register for VAT.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +11.3%

  £2,363,527 → £2,630,751

• Cash

  +894.7%

  £80,358 → £799,344

• Net assets

  +69.2%

  £1,520,740 → £2,572,400

• Employees

  +9.1%

  55 → 60

• Profit before tax

  +399.6%

  -£351,027 → £1,051,660

• Wages

  +8.3%

  £1,452,277 → £1,573,334

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers