Hartpury Annual Report July 2025

02

Contents

04 Introduction to Hartpury University 09 Vice-Chancellor’s Report 16 Operational and Financial Review 31 Statement of Corporate Governance and Internal Control 37 Statement of Governing Body Responsibilities in respect of the Annual Report and the Financial Statements 37 Independent Auditor’s Report to the Corporation of Hartpury University 40 Consolidated and University Statement of Comprehensive Income and Expenditure 41 Consolidated and University Statement of Changes in Reserves 42 Statement of Financial Position as at 31 July 2025 43 Consolidated Statement of Cash Flows 44 Notes to the Financial Statements

2