Finances 2024/25

Financial Summary

Financial Report 2025
Our total income for the year to 31 August 2025 was £447k, £65k over the budget. This included income from schools of £347k, LA linked income of £95k, £3k from Hounslow Promise for the Christmas present campaign and £2k STEM funding to support subject networks. In addition to membership fees of £172k, income from schools included £118k Fair Access and £57k for Primary Peer Challenge. LA income comprised £45k VRU grant and £50k to support Joint Practice Development.

Costs of sale were £382k, comprising staff costs of £172k, partnership meeting costs of £19k and £191k that is directly attributable to specific income streams. This was down £81k against the budget.

General overheads were £45k, £1k over budget.

The full-year position is a net surplus of £20k, against a budgeted deficit of £125k. Unspent balances of £126k are held as ring-fenced funds within the overall carry forward of £285k. These include Fair Access income, VRU grant and Training and CPD monies, which we plan to spend on relevant projects over the next year. Excluding unspent ring-fenced funds, the in-year position is a deficit of £106k, which is a £19k improvement against the budget. The uncommitted carry forward is £159k which is £43k higher than planned, partly due to the improved in-year position and partly because brought forward reserves were higher than anticipated when we set the budget.

The majority of HEP income streams are exempt from corporation tax and we do not expect to incur a tax liability for the year ended 31 August 2025.

Note: These figures are based on those to be included in the full, audited accounts for the year ended 31 August 2025. The full Annual Report and Accounts will be made available via the HEP website once published. See below for link to Annual Report and Accounts filed for 2024.

Annual Report and Accounts 2024

HEP board meeting finance schedule for 2025/26

  • AGM planning – Sept board meeting
  • Commercial Strategy for 2026-29 – Dec board meeting
  • Draft 3 year budget – Feb board meeting
  • Approval of budget – March board meeting
  • Preview of 26/27 planning – June board meeting
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What our members say

Ofsted Inspection Training – "Four days well spent! Supporting the development of our school under the guidance of a skilled trainer with a wealth of experience across the primary range was invaluable."

Primary Subject Networks – "The content in the sessions covers all aspects of high quality practice in Maths and it makes me reflective on my practice in class and how I lead and help develop other teachers."

Primary Subject Networks – "Meeting other subject leaders and sharing, makes me feel better about what we are delivering and that we are on the right track."

Develop your A level Teaching – "It was really nice to be able to talk to other A level German teachers as there aren’t very many and we could share our experiences."

Contingent Talk with Books – "Such a worthwhile project for Early Years, which you can see working right in front of your eyes. Well-planned and organised project, fantastic expert who inspires us all."

Get Hounslow Reading – "The biggest impact has been on our teachers’ enthusiasm for reading/books and their knowledge of high quality texts, finding innovative ways to engage readers through displays, book talk and story time."

Secondary Subject Networks – "There are so many useful takeaways from the meeting to help improve teaching and learning and they are things which can easily be put into place after the meeting."

Get Hounslow Reading – “There can be no doubt of the enthusiasm of Hounslow teachers and impact of their hard work on growing a Reading for Pleasure practice in their schools over this academic year. Many teachers said that the time to talk and share practice was what they valued most highly.” Charlotte Raby – Programme Facilitator

Secondary Subject Networks – “I really enjoy the content and the supportive group of fellow geography leaders discussing ideas in a non-judgmental, relatively informal way. The group certainly helps each other and fundamentally discusses relevant topics which are benefiting me.”

Get Hounslow Reading – "Very informative and helpful. A lovely chance to reflect. Excellent, enthusiastic delivery which would inspire anyone! You are very knowledgeable and sessions are well-organised. Thank you!”

Challenging Behaviour Training – “Great training, thank you for all your expertise and advice. I learnt lots of things about different ways that can affect pupils’ behaviour and how to deal with different situations."

Deep Dive Subject Leader Training – “Thank you for the very detailed and thorough subject leader checklist. It is an extremely useful and much necessary exercise. It's been an eye opener. Thank you”

Develop your A Level Teaching – “A much appreciated forum to apply pedagogy to a subject specific domain, with such rich professional talk after the keynotes in the Economics breakout session.”

Contact us

The success of the Hounslow Education Partnership depends, in part, on good communication so please do get in touch to give us your feedback or about anything else you would like to discuss.

Email: info@hounsloweducationpartnership.co.uk

Our member schools