2025-07-31-accounts

Registered number: 03636078 Charity rtum￿r: 1073945 THE DOREEN BIRD FOUNDATION IA Company Limited by Guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 VINTp/MS

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} CONTENTS Page Raferenca and Administrdtive D8tails of the Charity. its Trustees and Advisers Trust889' Report Indepondont Auditors. Report on the Financial Statements 10-13 Consolldated Statoment of Flnanclal Actlvbtles 14 Consolld*t•d 8tatsm•nt of Iln•nclal posltlon 15 Company $tatsm•nt of flnanclal posltlon 16 Con8olldated statement of cash flows 17 Not￿ to th• Flnanclal Statsm•nts 18-42

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} REFERENCE AND ADMINISTRATIVE D￿AlLs OF THE CHARITY, TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 JULY 2025 Tru$tg8s S. A. Coen, Chief Executive Officer an¢J Accounting Officer of subsidiary trading Ilege (appointed 26 Feb(uary 2009. resigned 31 December 20241 L. de Abreu. Principal and Artisti¢ Director of subsidiary trading college lappoinled 26 February 2009. resigned 31 December 20241 G. F. Pine lappointed 26 July 20121 S. J. Alkins. Chair (appointed 30 October 20151 J. P. Emery lappoinled 27 January 2016. resigned 25 March 20251 N. Patel (appointed 11 October 2016, resiqned 20 March 20251 S. R. Watson-FovAer (appointed 21 July 2020, resigned 30 September 20241 P. P. Catterall lappointed 10 January 20231 L. Dean lappoinle<l 18 March 20251 A. Evans lappoinled 17 July 20251 Company rngl$ter•d numbor 03636078 Charty rngistsred numbor 1073945 R•gl8t•r•d offlc• CIO Greenwoods Legal LLP Monkslone House 30 City Road Peterborough PE1 1JE Chbèf •x•cutlv• offlc•r C Costigan Independent •udltors Venlhams Chartered A￿Untsnts Statutory Auditor Summit House 12 Red Lion Square London WC1R4QH Bankors Barclays Bank plc Bexleyhealh Business Centre Kent Soll¢ltors Green￿1)Dd$ Legal LLP Monkstone Hou$e 30 City Road Peterborough PE1 1JE Page 1

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} TRUSTEES. REPORT FOR THE YEAR ENDED 31 JULY 2025 The Trustees present their annual report together the audited financial stslements of the Charity for the year 1 August 2024 to 31 July 2025. The Annual Report serves the purposes of both a Trustees, report and a directors. report under company law. These documents, together wth the auditor's report, fomi the financial statements for the year. The Trustee5 confirm that the Annual Report and financial stslemen15 of the charitsble company comply with the current slalutory requirements under the Companies A¢t 2006. the requirements of the charitsble company's goveming documents and the provisions of the Statement of Recommended Practice ISORPI applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102} (effective 1 January 20151 as amended by Update Bulletins 1 and The directors of the Company are ts Twslees for the purpose of charity law and throughout this report are collectively referred to as'lhe Trustees" The Doreen Bird Foundation is referred to in this annual report and financial statements as "the Charity" the Company" and "the Foundation" The subsidiary company. The Doreen Bird College of Performing Arts Limited is referred lo in this annual report and financial slalements as 'the College. and "the Subsidiary" The Charity and the Colle9e together are referred lo as.the Group.. The Doreen Bird Foundation 15 a limited company incorporated on 22 September 1998 under the Companies Acls.and Is alse a registered chanty. The company is limited by guarantee and does not have a share capital. It is exempt from using the word Limited in the name of the company. On 22 February 1999 Mrs D J Cook and Mr F E Cook transferred their holdings of 900 and 100 shares respectively In the Doreen Bird Cdlege of Performing Arts Limited lo The Doreen Bird Foundation. These have l)een included in the financial statements at the esb"maled value al the date of transfer. Mrs D J Cook died on 4 February 2004. By her wll she left the charity three properties under a permanent endowment subject to the payment by the Charity of the expenses of the estate including inheritance lax. These were included as tangible fixed assets bul were 501d in a previous year and replaced by a further asset vthich was acquired for and Is being developed for the purposes of the trade of the Subsidiary. Page 2

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2025 OBJECTIVES AND ACTIVITIES a. Policies and objectives As ststed in the Arb¢les of As$￿13b0n. the Charty's ¢)bjects are ￿$tricted spe¢rfi¢ally, in ea¢h ¢a$e for the public benefit, to.. advance the education of the public in the study of perfoming arts. dance, drama, singing and related subjects". to promote the development of education in Ihe perfom)ing art$ of dance and drama. signing and related Subjects in college's, schools and other educational establishments.. and. promote the development of facilities for the teaching and perfomance of perfoming arts, dance, drama. singing and related subjects. In setting objectives and planning for activrties, the Trustees have given due consideration to general 9uidance published by the Charrty Commission relating lo public benefrt. ￿ClUding the guidance 'Public benefit.. running a charity IP821'. b. Strat•gl•s for achl•vlng obJ•ctlves To achieve ils objectives the Charity provides scholarships. bursaries and awards lo applicants to attend courses and provides support to establish and maintain any college, school, or education body where students may be educated in perforniing art5, dance, drama, singing and related subjects. c. A¢tlvlt1￿ undertaken to a¢hlev¢ objectlv The Charrty has Provided support to students of the College by way of providing bursaries and other financial support towards students. luitson fees. Some ol these bursanes were allocated from reslricled funds as the awarding of these funds conforms to the restrth'ons placed ￿ these funds %then they were given to the ompany. The Charity receives a market Tent from the subsidiary for the building provided by the Chanty lo the Collegè for the purpose5 of the College's trade. The costs incurred on the acquisition and refurbishment of the new premises mentioned above have been either financed from the ￿$h re$erve$ of the Subsidiary land therefore reflected in the balance on the intercompany account) or from bank loans granted by the Charity's banker or from the sale proceeds of the three properties bequeathed lo the Charity under the will of the Founder, Mrs. Cook. Page 3

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2025 ACHIEVEMENTS AND PERFORMANCE a. Main achievements of the Charity The Charity has conts'nued to provide support to its trading subsidiary by way improvement of the site occupied by the Subsidiary and the provision of bursaries for students. The Subsidiary pays a market rent for the propety vhich is used for the servicing of the bank loans that ￿re taken out to purchase and improve the 511e. b. Kay pgrformanca indicatoys The Charity has not set any Key Perfomiano Indicators. c. R8vi8w of activiti8S The resutts for Ihe year are as sel out in the consolidale(l ststemenl of financial activities. The Subsidiary achieved a surplus for the year which will be passed to the Charity as a Gift Aid donation in the following year allowng the Charity to fund future its charitable expenditure and the development of the site for the College. d. Fundralslng actlvltlos and Incomo genoratlon The Charity undertakes no direct lund raising but received income from the letting of ils premises lo the subsidy. contribution from the University who support the athvib.es of Ihe trading subsidiary and from mi6cellaneou8 donations. •. Invostmont pollcy and porfomianco All funds are held for Short temi use and are Iherefore maintained in bank current a¢counl$. FINANCIAL REVIEW •. RoSorve8 poIIcy The Trustees have examined the Charity's requirements for reserves in the light of the main risks to the Charity. They have determined that given the commitment to assist the Subsidiary, it should maximise the level of its unrestricted funds in order to provide this assistance in the future. Page 4

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2025 b. Prln¢lpal rlsks and un¢•rtalntl•s The Trustees have considered the prinrjpal risks arKI uncertainties the Charity and the Group are exposed to. The subsidiary Is exposed lo a number of risks which are specific lo the affairs of the Subsidiary and these are disclosed in full in the subsidiary's accounts as follows_- Introductlon The College has well developed strategies for managing risk and strives lo embed risk management in all that it does. Risk management processes a￿ designed lo protect The College's assets. reputation and financial stsbilty. The Board of Directors and relevant sutk¢ommittees have undertaken further work during the year including developing the $ystem of internal control, in¢luding financial, operats'onal and risk management vthich is designed to protect The College's assets and reputation. A risk register 1$ maintained which 15 reviewEd by the Directors. The risk register identi￿S the key ri5kg, the likelihood of those risks occurring. their potential impact on The College and the actions being tsken lo reduce and mitigate the risks. Risks are prionts'sed using a consistent scoring system. The Board of Directors undertakes a comprehensive review of the risks to which The College is exposed. Some of this review is undertaken by committees of the Board, including the Audrt Committee ond Finance c¢Jmm￿ee. The Board of Directors identifies systems and procedures. including specific preventsble actions which should mfcigale any potential impact on The College. The inlemal controls are then implemented and the subsequent year's appraisal wll review their effectiveness and progress against risk mitigation actions. In addition to the annual review, the 8oard of Directors will also consider any risks vthich may arise as a result of a new area of work bein9 undertaken by The College. This is SUPPOrted by a risk management training programme lo raise awareness of nsk throughout The College. Rl$k,' Tultlon fee poll¢y Minister5 have confirmed that the fee a5sumpts.on remains at 50%. In line wlh the majority of other colleges, The College will seek to increase tuition fees in accordance wth the fee assumptions. The risk for The College is that dem8nd falls off as fees increase and this reduces the income stream of from these sources. This will impact on the growth strategy of The College. The risk is mitigated in a number of ways'.- Ensuring The College is rigorous in delivering h￿h qualrty edu¢ab"on and training, thus ensuring value for money for Students. Close monitoring of the demand for courses a$ price$ Change. Increasing the number of full fee paying students such as overseas students. Riyk.. Govemment and lo￿1 authority funding The College has considerable reliance on continued government funding through the further and higher educalion sector funding bodies. In 2024125 85% 12023124.. 80%) of The College's revenue was ultimately publicly funded and this level of requirement is expected to continue. There can be no assurance that govemmenl policy or practice will remain the same or that public funding continue al the same leve15 or on the same terms. Page S

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2025 The College is aware of several issues vthich may impact on fLrture fundiThJ'. The funding may cease either through the actions of a change in Government Policy, the performance of the students of The College or a change in crrteria of the funding bodies which may mean The College no longer qualifie5 for lunding". The levels of fvnding may be reduced The risk is mitigated in a number of ways'.- Funding is derived through a number of direct and Indi￿¢1 contractual affangemenls. By ensuring The College is rigorous in delNering h￿h qualty education and training. Considerable focus and investment is placed on maintaining and managing key relationships wth the various funding bodies. Ensuring The College focuses on those priority sectors wll continue lo benefit from public funding. Regular dialogue with funding bodies. Rlsk.. Leglslatlon and health and safety In line with other Colle9es and businesses. The College is exposed to the risk of aetlon by existing staff. students or members of the public from the failure lo operate the business in accortlance with current legislation including that covering health and safety matters. Thè risk is miligaled in * number of ways'.- Setting up a health and safety sutrrcommittee to look al all aspects of hearth and safety. Appointment of an operat￿n$ Manager and a￿d￿Onal premises supervisors. Engagin9 a specialised health and safety company lo carry out formal risk assessments on the asse15 of The College. Engaging a specialised human resources Company to ensu￿ that all Stsff matters are in accordance wlh the relevant legislation. Ensuring that all staff receive adequate training in health and safety matters. STRUCTURE GOVERNANCE AND MANAGEMENT *. Constitution The Doreen Bird Foundation is reglstered as a charrtable company limited by guarantee and was set up by a Memorandum of Associab'on. On 7 December 2021 the Charity adopted rwi Arb"cles of Association designed lo reflect m()dem pracli¢e5 and procedures. Page 6

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2025 STRUCTURE GOVERNANCE AND MANAGEMENT Icontlnu•d) b. Mathods of appointrnant or o18ction of Trustsas The management of the Charity is the responsibilty of the Trustees. The Trustees are elected under the terms of the Articles of Association vthich stste that the number of trustees sh311 not be less than three but shall not be Subject to any maximum. The first trustees were appointed under the A￿'C￿$ of Association and subsequent trustees may be appointed to be a Tnjstee by a resolution of the Tnjstees. The usual term of office for a Trustee shall be three years at the end of vknich they shall rets.re but are eligible for reappoinlmenl by the Trustees for up to a further two terms, each of three years. On appointment as a Trustee the individual becomes a member of Ihe Charity. The Charity has no staff so all decisions are made by the Trustees. The Trustees serving in the year and since the end of the year are sel OLrt on page 1 of these financial stslements. c. Pollcl85 adoptod for th• Inductlon and trainlng ot Trustee No specffic policies have been adopted for the induction and training of tru$lee$. d. Pay pollcy for koy manag•m•nt ￿￿onnel There are no key management personnel employed direcily by the Charity. The pay policy for the key management personnel employed by the trading subsidiary is determined by the Board of Oireclors of the Subsidiary. •. Flnanclal rlsk manag•mont The Trustees have assessed the major risks to which ihe Group and the Charity are exposed, in particular those related to the operations antj finance$ of the Group and the Charity, and are satisfied that system$ and procedures are in place to mitigate exposure to the major risks. PLANS FOR FUTURE PERIODS The new sf(e provided for the trading yubsidiary has n¢)w been fijlty ¢xeupied by the Subsidiary, bul there is a continual and ongoing need lo look al expans￿￿ of thi5 Srte. The Chanty's bankers continue lo provide additional support lo undertake this expansion. This includes Ihe Charity providing the Subsidiary vAth modular buildings acquired by means of finance leases to be used a additional classrooms. TRUSTEES. LIABILITY The trustees of the Charity are required to become members of the Charty and guarantee to contribute an amount not exceeding £10 to the assets of the Charity in the event of winding up. Page 7

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2025 Statsm•nt of Trust••s' r•sponslbllltl•s The Trustees (who are also the directors of the Chanty for the purposes of company law} are responsible for preparing the Trustees, Report and the financial slalemenls in accordance with applicable law and United Kingdom A¢￿Unts.ng Standards Iunited Kingdom Generally Accepted Accounb"ng Pracb"cel. Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees musl not approve the financial 5ts1ements unless they are sab"5fied that they give a true and fair view of the slate of affairs of the Group and the Charity and of their incoming resources and application of resources, including their income and expendrture, for thal period. In preparing these financial statements. the Trustees are required to.. Seled suitable a¢￿U￿ting poli¢ie$ and then apply them ￿nsIstenI￿,. obseNe the methods and principles of the Charities SORP IFRS 102)., make judgements and accountsng estimates that are reasonable and prudent", stale whether applicable UK A¢eovnling Standards IFRS 1021 have been folkmd, subject lo any material departures di$¢losed and explained in the financial stslemenls., prepare the financial stslements on the going concem basis unless it is inappropriate to presume that the Group wll continue in busine$$. The Trustees are responsible for keeping adequate accounting ￿e0rd$ that S￿ sufficient to show and explain the Group and the Charity's transactions and disclose wth reasonable accuracy al any lime the finan¢i81 position of the Group and the Charity and enable them to ensure that the financial statements comply wlh the Companies Ad 2006. They Ire also responsible for safeguarding assets of the Group and the Charity and hence for takin9 reasonable steps for the prevention and detection of fraud and other irregularilie5. DISCLOSURE OF INFORMATION TO AUOITORS Each of the persons who are Trustees at the time Sthen this Truslees. Report is approved has confi'rmed that.. so far as that Trustee 1$ awa￿, there 1$ no relevant audil inforniation of ¥thi¢h the ¢harrtable group's auditors are unaware, and that Trustee has taken all the steps that OLlght to have been taken as a Trustee in order to be aware of any relevant audrt infonnalion and lo estsblish that the charrtable group's audilorg a￿ aware of that information. AUDITORS The audf(ors, Ventham5. have indicated their willingne55 to continue in office. The designated Trustees wll propose a motion reapptsinling the auditors al a meebng of the Trustees. Page 8

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2025 Approved by order of the members of the board of Trustees and signed on their behaw by 5.11 A4L,. S. J. Atkins Trustee and chair Dale 29 Nov 2025 Page 9

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE DOREEN BIRD FOUNDATION Oplnlon We have audited the financial statements of The Doreen Bird Foundation Ilhe 'parenl charitable company) and 115 subsidiarie5 Ilhe 'group'l for the year ended 31 July 2025 which comprise the Con501idated Stslement of Financial Aclivilies. the Consolidated Slalemenl of Financial Position. the Company Stslement of Financial Position. the Consolidated Slement of Cash Flows and the related notes. including a summary of significant accounting policies. The financial reporb'ng framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. Iunited Kingdom Generally Accepted Accounbng Pra¢lice}. In our opinion the financial $tatements'. give a true and fair view of the $le of the Group's and of the parent charitable company's affairs as at 31 July 2025 and of the Group's incoming resources arKI appliCat￿n of resources. including its income and expenditure for the year then ended., have been property prepared in accordance United Kingdom Generally Accepted Accounting Practice." and have been prepared in accordance wth the requirements of the Companies Act 2006. BaslB for oplnlon We conducted our audit in accordance wth Inlemats'onal Standard$ on Audrting IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities lor the audit of the financial statements section ol our report. We are independent of the Group in accordance wlh the ethical requirements that are relevant to our audit of the financial ststements In the United Kingdom, including the Financial Reporting Council's Ethical Stsndard. and we have fvlfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclujlons relating to g¢ing con¢em In auditing the financial statements, we have concluded that the Trustees. use of the going concem basis of accounting in the preparation of the financial statemen15 is appropriate. Based on the work ¥%E have performed, we have not identified any material uncertainties relating to events or conditions that, individually OT collectively, may cast signrficant doubt on the Group'5 or the parent charitable company'5 abilrty lo continue as a going concem for a period of al least hvelve month5 from when the financial Stslements are authorised for issue. Our responsibil￿.eS and the responsibllrt￿S of the Trustees respect to going concern are described in the relevant sections of this report. Page 10

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE DOREEN BIRD FOUNDATION ICONTINUEDI Othor Infomiatlon The other infomalion comprise5 the inf¢)rmation induded in the Annual Report other than the financial stslements and our Audrtors, Report Ihereon. The Trustees are responsible foi the other information ¢ontsined thin the Annual Report. Our opinion on the financial stslements does not wver the other informalif)n and. except to the extent otherwise explicrtly stated in our report, we do not express any form ol assurance conclusion thereon. Our responsibility is to read the other inforniation and, in doing so, consider vthether the other information is materially Inconsistent vath the financial statements or our kno￿edge obtained in the course of the audrt. or olherwse appears lo be malenally misstated. If we identify such material inconsistencies or apparent material misstslemenls, we are require<l to detemiine %thelher this gives rise lo a material misslalemenl in the financial slalemenls themselves. If. based on the work we have performed, we conclude that there is a material misststemenl of this other infomiatson, we are require(I lo report that fact. We have nothing lo report in this regard. Oplnlon on other mattors pr•scrlb8d by the Companl8s Act 2006 In our opinion, based on the wor undertaken in the course of the audit.. the information given in the Trustees. Report for the financial year for %thich the financial statements are prepared is consistent wth the financial statements. the Trustees, Report has been prepared in accordance wth applicable legal requirements. MattgY¥ on whlch we are requlred to report by •x¢eptSon In the IKJhl of our knO%￿edge and understsnding of the chantable company and ils enwronmenl obtained in the course of the audit. we have not identffied material misstemenls in the Trustees, Report. We have nothing lo report in respect of the followng matters in relation to vthi¢h Companies Act 2006 requires us lo report lo you if, in our opinion.. the parent charrtable company has not kept adequate and sufficient accounting records, or returny adequate for our audit have not been ￿CeIved from branches not wsiled by us, or the parent charitable company financial statements are not in agreement the accounting records and relums". or certain disclosures of Trustees. remuneration specified by law are not made., or we have not received all the informatson and explanaknons we require for our audit. Responslbllltles of tru$tses As explained more lully In the Tru5tees' Responsibilth"e5 Statement, the Trustees (who are also the directors of the charitable company for the purpose5 of company lawl are responsible for the preparation of the financial stslements and for being satisfied that they give a twe and fair view. and for such internal control as the Trustees determine is necessary to enable the preparation of financial slatements that are free from material misstatement, whether due to fraud or error. In preparing the financial sl*emenls. the Trustees a￿ ￿sp(M$1b1e for assessing the Group's and the parent Charitable company's ability to continue as a going concem. disclosing. as applicable. matters related to going concern and using the going concem basis of accounting unless Ihe Trustees either intend to liquidate the Group or the parent charitable company or to cease operations, or have no realisb'c altemative but to do so. Page 11

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE DOREEN BIRD FOUNDATION ICONTINUEDI Audllors. rosponslbilitl•s for tho audlt of th& finan¢ial Ststsmonts Our objective5 are to obtain reasonable a5suran¢e about vknelher the financial statements a5 a whole are free from material misslatemenl, vknelher due to fraud or e￿Or. and to issue an Auditors, Report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance wth ISAS IUKI wll always detect a material misstatement vthen it exists. Misstatements can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance V￿th laws and regulats'ons. We design procedures in line wth our responsibilities, outlined above, to detect material misstatements in respect of irregularits'es, including fraud. The extent to vknich our pr¢xedures are capabbe of detecting irregularities, including fraud 15 detailed below". Our approach lo identifying and asses%ng the risks of material misslatemenl in ￿SpeCt of irregularities. including fraud and non-compliance wth laws and regulations, was as follows.. the engagement partner ensured that the engagement team collectively had the appropriate ￿Mpetence. capabililie$ and skills lo identify or re¢ognise non-¢ompliance ￿th applicable laws and regulations., we identified the law5 and regulabons applicable lo the company through discussions wlh directors and other management, and from our commeicial knovledge and experience of the sector that the Company operates in., we focused on specific laws and regulations vl)Ich we considered may have a direct malenal effect on the financial slalemenls or the operations of the company. including the Companies Act 2006, taxation legislab'on ènd dat* protection. employment. and health ond safety legislation., identified laws and regulations communicated wthin the audrt team regulady and the team remained alert to instances of non-compliance throughout the audit. we assessed the susceptibility of the company's financial statements lo material misslalemenl, including obtaining an understanding of how fraud might occur, by.. enquiry of management. those charged with governance and the entity's soli¢rtors around actual and potential lits'gab'on and claims". enquiry of entity staff in tax and compliance frjnth'ons to identfy any instances of non-compliance wrth laws and regulation.. reviewng minutes of meets'ngs of those charged governance,. reviewing financial statement disclosures and tests.ng to supporting documentation to a5ses$ compliance with applicable laws and regulations. To address the risk of fraud through management bias and override of controls, we.. performed analytical procedures to identify any unusual OT unexpe¢ted relationships., tested joumal entries to identify unusual transactions., assessed whelherjudgements and assumptions made in determining any accountin9 e5b'mates,' investigated the rationale behind s￿nifiCant or unusual Iransactsons. In response to the risk of irregulanties and non&compliance with laws and regulations, we designed procedures which included, but ￿re not limited to.. agreeing financial statement disclosures to undedwng supporting documentstion., reading the minutes of meeb.ngs of those charged with governance., enquiring of management as lo a¢tual and potenb.al Itbgalion and daims." reviewing correspondence with HMRC and other relevant regulators and the company's legal advisors. Because of the Inhe￿nt limitations of an audrt. there is a risk that y￿ will not delecl all Ir￿guI3￿11es, including those leading to a material misstatement in the financial statements or non-compliance wrth regulation. This risk increases the more that compliance wth a law or regulation is removed from the events and transactions Page 12

THE DOREEN BIRD FOUNDATION IA Company Limited by Guarants¢} INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE DOREEN BIRD FOUNDATION ICONTINUEDI reflected in the financial statements. as we wll be less likely to become aware of instan¢e$ of non-¢omplian¢e. The risk is also greater regarding irregularities o¢¢urring due to fraud rather than error. as fraud involves intentional concealment, forgery, collusion, omission or misrepresentatson. A futther description of our responsibilities for the audit of the financial statements is k)cated on the Financial Reportin9 Council's websrte at.. ￿h￿.￿C.0 .uklauditorsres nsibilities. This description forms part of our Auditors, Report. Uso of our r•port Thi5 report is made solely lo the charitsble company's member5, as a body, in accordance with Chapter 3 of Part 18 ol the Companies Act 2006. Our audrt work has been undertaken so that we might slate lo the charitsble company's members those matters are require<1 lo stale to them in an Auditors. Report and lor no other purpose. To the fullest extent permrtted by law. we do not a¢cepl or assume responsibility lo anyone other than the charitable ￿MpanY and it$ members, as a body, for our audit work. lor this report, or for the opinions wp havp fnrmpA Mark Taylor (Senlor Statutory Audbtorl for and on behalf ol Vonthams Chartered Accountsnls Slalulory Auditor Summit House 12 Red Lion Square London WC1R4QH Dale.. 0411212025 Page 13

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 JULY 2025 End0￿￿ent funds 202S Restricted Unrestricted funds funds 2025 2025 Total funds 202S Total funds 2024 Note Income Charitable activiti'es Other trading activ￿e$ subsidiary turnover Interest re¢eivable 2.000 2.000 6.321,388 59 6,321.388 59 6,095.547 256 Total incomo 2.000 6.321.447 6,323,447 6,095,803 Expondlture on: Expen$e$ of the subsidiary excluding rent paid excluded on consolidation 5.731.119 5,731.119 5, 772,530 Charitable activ￿e$.. Grants to support the performing arts Interest on finance lease5 and deprecation on the related assets Governance ￿$t$ Interest on bank loans 37,005 37,OOS 8,210 58.102 58.102 9,420 62.321 10,923 9,420 135.677 135.677 749, 703 Totsl expendlture 58.102 5.913,221 S,971.323 6,003,687 Net income for the year Inet movement In funds) {56,1021 408.226 352,124 92,176 Re¢on¢lllaWon of funds: Funds brought forward Nel income for the year (net movement in funds) 1.755.035 870.783 3.454.031 6,079.849 5,987, 733 {S6,102) 408.226 352,124 92,116 Funds carrlad forward 1,755.03S 814,681 3,862,257 6,431.973 6,079,849 The Consolidated Statement of Financial Acb"vities indudes all gains and losses Tecognised in the year. Page 14

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} CONSOLIDATED STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 JULY 202S 2025 2024 Mote Flxed a$$ots Tangible assets 12 7.913,789 7,918, 143 7.913,789 7,918, 143 Currènt a$$•ts Stocks 15 16 4,141 168,654 1.571,563 10,165 155.206 1, 723. 126 Debtor5 Cash al bank and in hand 1.744,358 1.288.497 Creditors.. amounts falling due wthin one year 17 11.515,4821 (1,383.222) Net currnnt as8Ots I IlabilitleB 228,876 (94. 725) Total a8S•t# lè¥# current1Sabllltlè# 8.142,665 7,823,478 Creditors." amounts falling due after more than one year 18 (1,710,692) (1, 743,569J Total nat ass8ts 6.431,973 6,079,849 Charlty funds Endowment funds Restricted funds Unrestricted funds 19 19 19 1.755,035 814,681 3.862,257 1, 755,035 870. 783 3,454,031 Total fund¥ 6,431,973 6,079,849 The Truglees ackn￿edge their responsibilth.es for ccthplying wth the requirements of the Act with respect lo accounting records and preparation of financial stslements. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. 5.11 AJL,. S. J. Atkins Director and chair Date.. 29 Nov 2025 Page 15

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} CHARITY STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 JULY 2025 2025 2024 Mote Flxed a$$ots Tangible assets Investments 12 6.856,457 70,000 6,884, 193 TO,000 13 6.926,457 6,954. 173 Currènt assets Debtors Cash al bank and in hand 16 7,315 246,069 14,888 279.698 253,384 234.586 Creditors.. amounts falling due wthin one year 17 1231,9961 (337,320) Net currnnt as8Ots I IlabilitleB 21,388 (102, 734) Total a8S•t# lè¥# current1Sabllltlè# 6.947,845 6,851,379 Creditors." amounts falling due after more than one year 18 (1,710,692) (1, 743,569J Total nat ass8ts 5.237,153 5, 107,870 Charlty funds Endowment funds Restricted funds Unrestricted funds 19 19 19 1.755,035 814,681 2.667,437 1, 755,035 870, 783 2,481,992 Total fund¥ 5,237,153 5, 107,870 The Charitys nel movement in lunds for the year was £129,343 {2024- £107,029). The TnJslee$ aCkn￿edge their ￿SpOnsibl1rtles for ¢￿plying the requirements ol the Act with respect lo accounting records and preparation of financial statements. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. S. J. Atkins Director and chair Date.. 29 Nov 2025 Page 16

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JULY 202S 2025 2024 Cash flov￿ from oporatlng a¢tlvities Net cash used in operating acts'vities {see note 22) 725.674 656, 729 Cash flovo from Invostjng a¢tlvltlo5 Purchase of tangible fixed assets Additions to investment Properties 1127,6891 112.7871 (43,051J (51, 7491 Not cash usèd In Snv•$tlng actlvltl 1140,4761 194.2001 Cash flows from f5nancing actlvStS0s Cash inflows Irom new borrowng Repayments of borro￿lngS excluding interest 1.733,625 11.870,3861 f208,627J Not cash used In finan¢lng a¢tlvltl 1136,7811 1208,8271 Chang• In cash and cash équlval•nts In thè y••r Cash and cash equivalents al the beginning of the year 448,437 353.902 1,123,126 769,224 Cash ond ¢a$h equlvalgnts al the wd ol thg ygar1s99 nots 231 1,571,563 1, 123, 126 Page 17

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 General InfO￿atIOn The DO￿en Bird FoU￿latiOn is a company limite(I by guarantee registered in England and Wales. registration number 03636078. The registered office is CIO Greenwoods Legal LLP, 30 Monkstone House, City Road, Peterborough, PEI 1JE. The Doreen Bird Foundation is also a registered charity with charity number 1073945. The Doreen Bird Foundabon meets the definition of a public benefit entity under FRS 102. Accoun￿ng pollclè$ 2.1 8a¥ls of propardtion of financial $tat8m8nts The financial statements have been prepared in accordance wlh.. the Charities SORP (FRS 1021 "Accountsng and Reporting by Charilie8'. Slalemenl of Recommended Practice applicable lo chanties preparing their accounts in a¢cordan¢e ¥Mlh the Financial Reporting Stsndard applicable in the UK and Republi¢ of Ireland IFRS 1021 the Financial Reporting Standard applicable in the UK arKI Republic of Ireland IFRS 1021" (effective 1 January 20191. FRS 102 'The Financial Reporting Standard Applicable in the UK and Republlc of Ireland,. - The amendments lo FRS 102 pem)itte(l from the Triennial Review 2017. - The Companies Act 20[￿ applicable to charitable companies. In the case of the SUbs￿lary rt has to prepare its accounlg in accordance wth the Statement of Recommended Pra¢li¢e.' Accounbng for Further and Higher Education 2019 Ilhe 2019 FE HE SORPI, the associated College Accounts Direction for 2024 to 2025 and the associated Office for Students Accounts Direction 2019.41. Assets and liabilities a￿ in￿"èIlY recc43nised at historical ￿$1 or transaction value unless olhemse slated in the relevant accountsng policy. The Consolidated Statement of Financial Activities ISOFAI and Consolidated Statement of Financial Position consolidate the financial statements of the Group and its subsidiary undertaking. The results of the subsidiary are consolidated on a line by line ba51S. The Group has taken advantage of the exemption allov*d unt1er section 408 of the Companies Act 2006 and has not presented its own Statement of Financial Activities in these financial slatemenls. The Company has also taken advantage of the provisions in FRS 102 Sectson 1.11 and has not presented its individual statement of cash flows. Page 18

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 ACCOUn￿n9 poll¢l•s {contlnu•d} 2.2 Going concem The aclivibes of the Company and the Subsidiary. together the factors likely lo affect their future development and performance are sel out in the Trustees, Report. The financial position of the Company and the group, its cashflow, liquidity and borrowngs are presented in the Financial Statements and accompanying notes. Taking into account a period exceeding 12 months from the dale of approval of these financial slalemenls, the Tiustees have a reasonable expectation that il has adequate resources lo continue in operational existence for the foreseeable fvture, and for this reason wll continue lo adopt the going concern basis in the preparats'on of its Financ￿ Statements. 2.3 Income All income of the holdin9 company is recognised once the Charity has enlillemenl lo the income. il is probable that the income wll be receive(l and the amount of income receivable can be measured reliably. The poI￿leS adopted for the recognition of income by the Subsidiary are as follows.'- Revenue grant fvndlng Recurrent grants from Funding Coun¢il$ and ¢)ther bodies are recognised in line with the latest estimates of the grant receivable for an academic year. Non-recurrent grants from Funding Councils or other bodies received in respect of the acquisition or construction of fixed assets are Irealed as deferred capital grants and amortised In line depreciation over the life of the assets. Non- recurrent grants from Funding Councils or other bodies received in respect of revenue expenditure are recognised in the same penod that the expenditure is incurred. Grants received before the expenditure has been incurred are $h¢)wn in credilors. F•6 inci>m• and bur5aiie$ Tuition Fees and Educabon Contracts represent amounts receivable from students. parents. Local Education Authorities and Sponsors in respecl of tuition fees for the year under Consideration. The cost of providing bursaries and fLbnding from the CompanYs ¢)wn fund$ is exduded from tuition fees. 8ursaries met by other parties are included as Tuition Fees. Agency arrangements The College acts as an agent in the collection and payment of certain discretionary support funds and any other arrangements. Related payments received from the funding bodies and subsequent disbursements to students are exduded from the income and expenditure of the College. Page 19

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 ACCOUn￿n9 poll¢l•s {contlnu•d} 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit to a third paty. rt is probable th* a transfer of economi¢ benefits will be required in serfement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs ol each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activty. Direct costs attributable lo a single aclivrty are allocated directty lo that aclivty. Shared ¢0515 %thich contribute lo more than one activity and support Costs vknich are not attributable lo a single activity are app(>rtioned between those aCtiv￿.e$ on a basis consistent ¥￿th the use of ￿SOurCes. Expenditure on charitable ath'vities is incurred on directly undertaking the activth'es which further the Group's objectives, as well as any associated support costs. Expenditure is accounted for under the accruals concept wlh the addib'on of Value Added Tax as neither the Company nor the Subsidiary are registered for Value Added Tax. 2.5 Government grants Grants are accounted under the accruals model as pemiitted by FRS 102. Grants relating lo expenditure on tangible fixed assets are credited to profil or loss at the same rale as the depreciation on the assets to Nthich the grant ￿lates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in Ihe Consolidated Statement of Financial Activities in the same period as the related expenditure. Page 20

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 ACCOUn￿n9 poll¢l•s {contlnu•d} 2.6 Tangible fixed assets and depreciation Tangible fixed assets costing £100 or more per individual rtem are capitslised in both the Company and the Subsidiary and recognise(l then fuiure e￿noMiC benefits are probable and the cost or value of the asset can be measured reliabty. Tangible fixed assets are inrtialty recognised at cost. After recogn￿0￿, under the revaluation model, tangible fixed assets whose tsir value can be measured reliably shall be carried al a revalued amount. being their fair value at the dale of revalvalion less any subsequent accumulated depreciation and subsequent accumulated impaimient losses. Followng the reorganisation of the subsidiary college into one site in 2016, a detailed review of Fixed As5els was carried out by the subsidiary and a policy was adopted of revaluing those assets which existed al the transfer to a new sile al their market value al the date of the Ir3nsfer. Addits'ons subsequent lo the transfer lo the new sile. and the costs involved wlh the creab'on of Fixed Assets within the new srte are shovm al cosL Revaluations are made wth sufficient re9ularily to ensure that the carrying amount does not differ materialty ftom that vthich would be delemiined u$ing fair value al the end of Ihe reporting date. Gains and losses on revaluation are recognised in the consolidated stslemenl of financial aclivilies. wrth a separate revaluation reserve being shown in the Slalement of Funds note. Properb'es rented lo other group entitses are a￿U￿ted for under the ¢o$l model and are slated al historic cost less accumulated depreciation and any accumulated impaimient losses. Assets in the course of Constn￿ts.0n are induded at costs incurred to date. Depreeialion on these a8sels is not charged until they are brought into use. At ea¢h repgrting dale the Charity a$se$$es vthelher there is any indication of impaimient. If su¢h indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less cos15 to sell and ils value in use. An impairment loss Is recognised Yéhere the carrying amount exceeds the recoverable amount. Page 21

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 ACCOUn￿n9 poll¢l•s {contlnu•d} 2.6 Tangible fixed assets and depreciation {continuedl Depreciation is charged so as to allocate the cost of tsngible fixed assets less their iesidual value over their eslimaled useful lives. using both the straight line and redLJcing balance methods. Depreciation is provided on the followng basis.. Long-tem leasehold property Modular building5 being erected on the long- term leasehold property are depreciated over the expected lrfe of the buildings of 60 years. In the directorfs opinion the remainder of the long-temi leasehold property of the holding Company has an expected residual value at le3s1 equal lo the Costs as work is being undertaken to improve and extend the sile and therefore no depreciation is currenuy being prowded on this. Over the term of the lease (subsidiary only) Improvements lo leasehold premises Costumes and prop$ Motor vehicles Fixtures. fittings and equipment Computer & IT equipment Musical instruments 20% reducing balance melhord Isubsidary only) 20% reducing balance melhord Isubsidary only) 20% ￿ducIng balance melhord Isubsidary only) 20% reducing balance melhord l$ubsidary only) 20% reducing balance methord Isubsidary only) The a$sel$' residual values, useful lives and depreciali¢)n methods are reviewed, and adjusted prospectively rf appropriate. or if there is an indication of a *gnificanl Change since the last reporting date. Gains and losses on disposals are delermined by comparing the proceeds With the carrying amount and are recognised in the consolidated statement of financial athvities. 2.7 Investments Inve$trnents in $ub$idiarie$ are valued at k$$ provisi¢)n for impaimienl. 2.8 Stocks Stocks of the Subsidiary are valued al the lower of cost and selling price less selling costs after making due allowance for obsolele and slow-mowng st￿kS. Cost includes all direct ¢osl$. 2.9 Oobtors and prepaymonts Trade and other debtor5 are recognised at the setuemenl amount after any trade discount offered. Prepayments are valued al the amount P￿paId. Page 22

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 ACCOUn￿n9 poll¢l•s {contlnu•d} 2.10 Cash and cash equivalents Cash is represented by cash in hand and deposits wth financial instrtulions repayable without penalty on nots¢e of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily Conve￿'ble to kno¥fvn amounts ol cash insignificant risk of change in value. In the Stslement of Cash Flovts, cash and cash equivalents are sh¢M net of bank overdrafts that are repayable on demand anfj fom an integral part of the Compangs cash management. 2.11 Liabilitios and provisions Liabilrties are recognised Nthen there 1$ an obligation al the Balance Sheet date 8$ a result of a past event. it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be esbmated reliably. Liabilities are recognised at the amount thal the Charity anticipates it wll pay to settle the debt or the amount it has received as advanced payments for the goods or services it musl provide. A liability is recognised in the Subs￿l8ry lo the extent of any unused holiday pay entrtlement which is accrued al the Balance Sheet dale and carried forward lo future periods. This is measured al the undi$¢ounled salary ¢osl of the fulure holiday enliuemenl so accrued at the Balance Sheet date. 2.12 Flnanclal Instrum•nts The Group only has financial assets and financial liabilrties of a kind that qualify as basic financial inslrumenl$. 8a$i¢ financial inslrumenl$ are initially re¢ognised al transaction value and subsequently measured at their setljemenl value wth the exception of bank loans vthich are subsequentty measured at aM0￿.sed cost using the effective interest method. 2.13 Finn¢e1o$•s and hir• purch*$o Assets obtsined under hire purchase contracts and finance leases are capilalised as tangible fi'xed a$sel$. Finance leases are those vknere substanbally all of the benefi15 and risks of ownership are assumed by the Group. Obligations under such agreements are included in creditors, net of the finance charge allocated lo future penods. The finance element of the rental payment is charged lo the consolidated stslement of financial acb'vities so as to produce a constsnl periodic rate of charge on the net obligation outstanding in each period. 2.14 0￿ratIng leases Rentals paid under operab.ng leases a￿ Charged to the consoli¢Jaled stslemenl of financial activities on a straight line basis over the lease temi. Page 23

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 ACCOUn￿n9 poll¢l•s {contlnu•d} 2.15 Pensions The Subsidiary operates a defined contribubon plan foi its employees. A defined contribution plan is a pension plan under which a Company pays fixe(1 contributions into a separate enlily. Once the contributions have been paid the Company has no further payment obligations. The COntribL￿'0nS are recognised as an expense in the Statement of Financial Activities when they fall due. Amounts not paid are sh¢)Ym in a¢cTuals as a liability in the Con501idated Statement of Financial Position. The assets of the plan a￿ held separately from the Company in independently administered funds. 2.16 Fund accounting Unreslricled funds are available for use al the discrets.on of the Trustees in fvrtherance of the general objectives of the Group and %thich have not been designated for other purposes. Restricted funds are lunds whi¢h are to be used in aC￿rdance wth specrfic re$tri¢tion$ imposed by donors or vthich have been raised by the Group for particular purposes. The costs of raising and administering such funds are charged against the specific fvnd. The aim and use of each restricted fund is sel out in the notes lo the financial stslements. Endovdmenl fvnds represent the value of assets gifted lo the tharty by ils founder either as gifts lo the charity or as legacies. Investment income, gains and10sse$ are aNocaled lo the appropriate fund. Judgments In applylng a¢¢ountlng pdlcbes and key $our¢es of •$llmatlon uncgrtalnty Ests'mates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed lo be reasonable under the circumstances. Critical accounting eslimales and a$sumplions'. The Charity makes estimates and assumpts'ons conceming the fLrture. The resulting accounting estimates and assumptions will, by definrtion. seldom equal the related actual resu115. The estimates and assumptions that have a 5ignthcanl risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year a￿ discussed in Note 4 below. Page 24

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Critical accounting estimates and areas of judgement In preparing these financial statements, the trustees and directors of The Group have ¢onsidered the following accountsng estimates and made the followng judgments.. Tangible fixed assets of the subsidiary Certain classes of tangible fixed assets of the subsidiary were revalue(I during a previous year al estimate¢J market value as assessed by the directors in consuttation wlh members of stsff and external suppliers. Tangible fixed a5se15 are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives. factors such as technological innovation and mainlenan¢e programmes are taken inlo a￿unt. Re$idual value a$ses$menls ¢on$ider issues such as future market conditions, the remaining life of the assel and projected disposal values. The directors of the subsidiary have considered whether there are indicator5 of impaimient of the tangible fixed assets. Factors tsken into consideration in reaching such a decision include the economic viability and expected future financial perfomance of the asset. Leases Management determine whether leases entered into by the Company or the subsidiary 89 a lessee are operating or finan¢e leases. These decisions depend on an assessment of vthelher the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease by lease basis, Page 25

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Income from charitable activities - holding company onty Rèstrictèd funds 2025 Total funds 2025 Total funds 2024 Support of the perfoming arts 2,000 2.000 Income from other trading a¢llvllS0s Income from non charitabl8 trading act•viti88 Unro•trlct•d funds 2025 Total funds 2025 Income of the subsidiary- of a charitsble nature as the suppty of education in the performing arts bul as the subsidiary is not a charrtable entity this is treated as Iratjing income 6,321,388 6,321,388 Unre51ncled funds 2024 Total funds 2024 Income of the subsidiary- of a Charitable nature as the supply of education in the performing art5 but as the subsidiary is not a charrtable entity this is treated as trading income 6,095.547 6,095.547 Page 26

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Govemance costs- holding company only Unrnstrictsd funds 2025 Total funds 2025 Auditors, remuneration Auditors, non audit costs Legal costs 4,020 4,020 1,380 4.020 4,020 1.380 Totsl 202S 9,420 9A20 Unreslncled funds 2024 Total lunds 2024 Auditors, remuneratson 5,250 3.450 2,223 5,250 3.450 2,223 Auditors, non audrt costs Legal costs Total 2024 10,923 10,923 Page 27

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Analysis of expenditure on charitable activities- holding company only Summary by fund typ• Restricted Unrestricted funds funds 2025 2025 Total 2025 Support of the performing arts including govemance cost$ Interest on bank loans Interest on finance leases and deprecation on the ￿lated assets 46,425 135,677 46,425 135.677 58,102 58,102 Totsl 2025 58,102 182,102 240.204 Restr￿ted Unreslncled funds funds 2024 2024 Total 2024 Support of the perfomiing arts including govemance costs Interest on bank loans Interest on finance leases and deprecation on the related assets 19. 133 149, 703 19,133 149, 703 62.321 62,321 Total 2024 62.321 168.836 231,157 Page 28

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Auditors. remuneration 2025 2024 Fees payable to The Chanty's auditor for Ihe audit of The chari￿s annual accounts 4.020 4,350 Fees payable lo The Chanty'$ auditor in respe¢l of.. non-audit services not included above 4,020 4,350 10. Employ00 and staff d•tall# Group 2025 Group 2024 Staff costs Incurr•d by th• subsldlary w•r• as follo￿. Wages and salaries Social security co$t$ Contribution to defined contribution pension schemes 3.S93,141 34S,139 231.852 3,650. 122 326,858 193,650 4.170,132 4, 170,630 The average number of persons employed by the Charity during the year was as follows.. Group 2025 No. Group 2024 No. Charlty 2025 No. Charity 2024 No. Directors of the subsidiary Other key management personnel Teaching staff Non te8¢hing $t8ff Non-execulive directors of both The Foundats'on and the subsidiary Non executive directors ol The Foundation 133 138 200 203 Page 29

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 10. Employee and staff details Icontinuedl The number of directors and key management personnel of the subsidiary received annual emoluments over £60,000, excluding employer contributions to national insurance and pensions but induding benefits in kind, in the follovA'ng ranges was.. Group 2025 No. Group 2024 No. £60,001- £70,000 £80,001 to £90,000 £120,001- £130,000 The table above has been prepared using actual salaries paid for the period concemed. As no bonuses or additional pay amounts have been paid in ether the current or prior year the table is the same as if il had been prepared using basic pay. Full Tlmo Equlvalents Taking into account indivtduals vkno work part time, the fvll bme equivalent Salaries of these persons would be:. 2025 Figures there would be ts¥o additional indiwduals in the range £60.00110 £70,000 2024 Figures the individual in the range £80,001 to £90,000 would be in the range £120,00110 £130,000 there are ￿ other members of key management had an equivalent annual salary falling in the range £60,001 to £70,000. Other Stsff There was no other staff member of the $ub$idiary received annual emolument$ above £60,000 and they would have been in the range £60,001 to £70,00012024.' 1). 11. Tru$t¢68' remun•ratlon and expenses During the year, one or more Trustees has been paid ￿M￿neratIon from an employment as employeesldirectors of the subsidiary. The value of this remuneration and other benefits was as follows.. 2025 2024 S. A. Coen Remuneration 38,242 13,837 52,425 16,008 89,981 17,236 722.920 20,596 Pension contributions paid Remuneration Pension contributions paid L. de Abreu During the year, reth"rement benefits were accruing to 2 Trustees {2024 21 in respect of defined contribution pension schemes. During the year ended 31 July 2025, no Trustee expenses have been incurred (2024 - £NILJ. Page 30

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 12. Tangible fixed assets Group Short- Long4emi temi Costumes. leasehold leasehold props and Motor prop•rty PrO￿rtY Instrum•nts v•hi¢les Plant. equipment and flxturos Totsl Cost or valuatlon Al 1 August 2024 Additions Disposals 7.076,253 1.381,577 12.787 100,419 265,884 15,947 5,885 694,893 9,434.5S4 21,385 140,476 {14.3501 {14.3501 Al 31 Juty 2025 7.089,040 1.481,996 271,769 15,947 701,928 9,580,680 D•pre¢latlon Al 1 August 2024 Charge for the year On di5posal8 192,140 40.443 619,061 40,700 213,369 12,602 11,679 669 479,239 1,516,411 47,407 140,898 {10,4181 {10,4181 Al 31 Juty 2025 232,$83 659,761 225,048 13,271 516,228 1,646,891 Net book valu• At 31 July 2025 6,856,457 822,235 46,721 2,676 185,700 7,913,789 At 31 July 2024 6.884, 113 762.516 52,515 3,345 215,654 7,918, 143 Page 31

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 12. Tangible fixed assets Icontinuedl Charlty Long-term leasehold property Cost or valuation At 1 August 2024 Additions 7.076.253 12.787 At 31 Juty 2025 7.089,040 DoprKlatlon At 1 August 2024 Charge for the year 192,140 40.443 Al 31 Juty 2025 232,583 Not book value At 31 Juty 2025 6.856.457 At 31 July 2024 6,884, 7 13 Followng the reorganisation of the Subsidiary college lo one site in 2016. a detailed review of Fixed Asset5 wa5 carried out and because of difficutties in Identifying Indiwdual as5els, a policy was adopted of including 811 assets al a revalued amount al their estsmated market value al the dale of the transfer to the new sile. The ￿valUation was carried out by the stsff of the subsidiary in consultation thrilh exlemal contractors and the revaluatson amount vras approved by the Board of Directors. Additions subsequent to the transfer to the new site, and the costs involved with the creab'on of fixed aysels within the new srte are shown al cost. It was not practical or rx)ssible to identty the original costs of the assets vthich were transferred to the new site, or to identify the specrfic assets which were scrapped or Ithich no longer exist. Any exercise to attempt to identify these assets ￿Uld involve undue cost and effort at that ts'me. Accordingly no details are disclosed conceming the amounts I￿lCh vK)uld have been included under the historical cost convention. The carrying amount of a propety, vthich is rented to another group entity when il has chosen to account for such properties using the cost model is £6,856,457 (2024- £6,884. 1131. Included in long-tem leasehold property of the company and the group is an amount of £1,909,126 12024." £1,944.318) in ￿Spect of the net book value of certain assets held under finan¢e leases. Page 32

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 13. Fixed asset investments Investments in subsidiary compani•s Charlty Cost or valuation Al 1 August 2024 70.000 At 31 Juty 2025 70,000 Page 33

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 1S. Stocks Group 2025 Group 2024 Good5 for resale of the subsidiary 4.141 10,165 16. Dobtorn Group 2025 Gmup 2024 Charity 2025 Ch8rily 2024 Due wllhln one yoar Trade debtors Amounts owed by group undertakings Other debtors Prepayments and 0￿rUe￿ income 9,216 16.232 7.315 14,888 6,791 152,647 12. 128 126,846 168,654 155,206 7,315 14,888 17. Credltors., Amounts falllng due wlthln on• year Group 2025 Gmup 2024 Charlty 2025 Charity 2024 Bank loans Trade creditors Other taxation and social securrty Obligations under finance leases Other creditors 129,57S 315,330 105,$80 95,220 75,3S1 794,426 241. 101 264,577 112,418 87.578 82. 137 595,411 129,575 241, 101 2,641 95,220 87,578 Accruals and deferred income 7.201 1.515,482 1.383,222 231,996 337.320 The bank loans are secured by a fixed charge over the long terni leasehold property of the holding company and by a guarantee given by the Subsidiary. The obligations under finance leases are secure by a charge over the assets concerned and a guarantee from the subsidiary for the total of the obligations. Page 35

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 18. Creditor5: Amounts falling due after Mo￿than one year Group 2025 Group 2024 Charlty 2025 Charity 2024 Bank loans Obligations unfjer finance leases 1.593,490 117,202 7,52T,489 216,080 1.593,490 117,202 1,527.489 216,080 1.710,692 1, 743,569 1.710,692 1, 743,569 The bank loans are secured by a fixed charge over the long lenn leasehold property of the holdin9 Company and by a gvaranlee given by the Subsidiary. The obligations under finance leases are secure by a charge over Ihe assets concerne(l and a guarantee from the subsidiary for the total of the obligations. Page 36

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 19. Statement of funds Cons¢lldat•d stat¢m•nt of funds- cuff•nt y•ar 8alanc& at 1 August 2024 Transfors 8alanc8 at inlout 31 July 2025 Income Expenditure Unrestrl¢t¢d funds General Funds- all funds Revaluation reserve of the Subsidiary 3.428,419 6,321.447 {5.913.221) 3,042 3,839.687 25,612 13.0421 22.570 3.454,031 6.321.447 15.913.221) 3,862.257 Endowment funds Endow7nent Funds - all fund$ 1.755,035 1,755,035 R•$trlctsd funds Conditional donations Ajma Road Sile 2.000 2,000 812,681 870.783 158.1021 870,783 2.000 158.1021 814,581 Totsl ol lund8 6,079,849 6,323.447 15,971.3231 6,431,973 Page 37

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 19. Statement of funds Icontinuedl Cons¢lldat•d stat¢m•nt of funds- prlor y•ar Balance at l Augusl 2023 TTrnsfe Balance at in/out 31 July 2024 Income Expenditure Unr8strict8d funds General Funds- all lunds Revaluation reserve of the subsidary 3.2TO,179 6,095,803 (5,947,366) 3,803 3,428,419 29.415 f3,803) 25,612 3,299.594 6,095,803 (&941,366) 3,454,031 Endowment funds Endob*rnenl Funds - all funds 1, 755.035 1, 755,035 Rostrlctsd fund• Ajma Road Srte 933. 104 (62,321) 870, 783 Totsl of funds 5,987,733 6,095,803 (6,003,687) 6,079,849 Page 38

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 20. Summary of funds Cons¢lldat•d summary ol funds- curr•nt y•ar 8alanc& at 1 August 2024 Transfors 8alanc8 at inlout 31 July 2025 Income Expenditure General funds Endow7nent funds Restricted funds 3.454,031 1,75S.035 870,783 6.321A47 {5.913.221) 3,862,257 1,7SS,03S 814.681 2.000 158.1021 6.079,849 6.323.447 15,971.3231 6,431,973 Consolldat•d summary ol fund8- prfor y•ar Balance al l August 2023 Transfers Balance at in/oul 31 July 2024 Income Expenditure General funds Endowrnenl funds 3,299.594 1, 755.035 933. 104 6,095,803 (5,941,366) 3,454,031 1, 755,035 870, T83 Reslricled funds (62.3211 5.987.733 6,095.803 (6,003.687) 6,079,849 The endowment fvnds represent Ihe value of assets grfled to the charty by rts founder either as gifts lo the charity or as legacies. The founder and her hu$ban¢J gifted their shares in the subsidiary ¢ompany lo the charity and these shares have been included at a valuation at the date of the gift. Under the terms of the wll of the late Mrs Doreen Cook (nee 8irdl vtho died on 4th February 2004 the Doreen 8ird Foundats'on was left the residue of the estate of Mrs Cook. subject lo payment by the Foundation of any debts. funeral and testamentary expenses. legacies ant1 all taxes including tsxeg on any legacies lo other beneficiaries given free of lax. The residue of the estate included three freehold properties thich were included at their probate valuation but these have now been sold and a new replacement property purchased which now fornis part of the pemianent endovrnent. The restricted funds classthed as "¢ondth"onal donalion5- rep￿sent funds wth re5trith.ons on their use placed by the donofs and are held by The Chanty. The restricted funds classrfied as Ajma Road site represent funds raised directly in connection with the project to acquire and devel¢Jp a site for the trading subsidiary. Page 39

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 21. Analysis of net assets between funds Analytsls of not ass•ts botw••n fvnds- ¢urr•nl year Endow7nent Rostrict8d Unrnstrict•d funds funds funds 2025 2025 2025 Total funds 2025 Tangible fixed assels Current assets Creditors due wthin one year Creditors due in more than one year 1.755.035 1,027,103 5,131,651 7,913,789 1,744,358 1.744.358 195,2201 11,420,262) 11,515.4821 1117,2021 11.593,4901 11,710.6921 Total 1,755,035 814,681 3,862,257 6.431.973 Analy818 ol not a$80ts ts•t￿n lunds- pr1￿ year Endowment funds 2024 Restiycled Unreslri¢t8d funds funds 2024 2024 Total fuiids 2024 Tangible fixed assets Current a$$ets Creditors due wthin one year Creditors due in more than one year 1,755,035 t, 174,441 4,988.667 7,918. 143 1,288.497 1,288,497 (87,5781 (7,295,644? (1,383,2221 {276.080J (1,527,489? (7, T43.5691 Total 1, 755,035 870,783 3,454,031 6,079,849 22. Reconciliation of net movement in fund$ to net cash Ilow from operating activities Group 2025 Group 2024 Net income for the year {as per Statement of Financial Activities) 352.124 92,116 AdSustm8nts for: Depreciats'on and losses on disposal Decrease in stocks De¢reasellin¢reasel in debtors Increase in creditors 144,830 6,024 113,4481 236,144 161,866 5,245 6.643 390,859 Net cash provided by operating activities 725,674 656, T29 Page 40

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 23. Analysis of cash and cash equivalents Group 2025 Group 2024 Cash in hand 1.571,563 1, 723. 126 Total cash and cash oquivalants 1,S71,563 1, 123, 126 24. Analysis of changos in net debt At 1 August 2024 Cash flowB At 31 July 2025 Cash al bank and in hand Debt due wthin 1 year Debt due after 1 year Finance leases 1.123.126 1241.101} 11,527.4891 1303.658) 448,437 1,571,563 111,S26 1129,S751 166,0011 11,593,490) 91.236 1212.4221 1949.122) 585,198 1363,9241 25. Ponslon commltments The subsidiary operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the subsidiary in an independenuy administered fund. The pension Cost charge represents contributions payable by the $ub$idiary to the fund and amounted to £231,852 (2024.. £193,650). Contribulions totaling £36,33712024.' £34,615) ￿tre payab￿ to the fund at the balance sheet date and are included in creditors. 26. Opgratlng leaso ¢ommblmgnts The Group and the Charity had no commitments under nonrycancelable operating leases at 31 July 2025. Page 41

THE DOREEN BIRD FOUNDATION IA Company Limitod by Guarants¢} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 27. Relatsd party trnnsactions Owing to the nature of The Charity's operations and the nature of rts subsidiary college's operations and the Trustees being dravm in part from local private and public sector organisations. it is inevitable that transactions may take place wth organisations in Nthich a Tnjstee may have an interest. All transactions th such organisalions are conducted at arm's length and In accordance wrth The Charity's and the subsidiary's financial regulations and procurement procedures. Trdnsactions and balanc8s ￿th the $ubsidiary Tho Doroon Bird Collogg of Perforniing Arts Limited l-The College") During the year rent of £300,000 (2024.. £300,cK￿l) was paid by The College, in respect of propertie5 owned by The Foundation vl)ich are ¢xcupie(I by The College for Ihe purpose of ils trade. This rent is eliminated on consdidalion. The College made a Gift Aid donation to The Foundth'on during the year 01 £67.547 (2024.. £38, 186) in respect of the amount of The College's taxable profit for the previous year. his amount is eliminated Dn eonsolidalion. The current yearfs expected taxable profits of Q89,287 (2024.. £67,547) will be received in the next year. The Foundation has agreed to provide supp¢)rt to The College by way of financing certain Students, tuition fees by way of funding bursaries for those students and providing "hardship funding" for certain students of the College. The bursaries and funding awarded for the year amounted to £36.005 (2024.. £6,210). The Foundation has awarded Development Awards lo the students of The College. These awards are paid by The Foundation direclty lo the students concemed. The awards awarded for the year amounl&d 10 £1,00012024.' £2,OOOJ The College 0￿S the Foundation £7,315 (2024.. £14,888) in respect of the inler-company current account and this amount is included in debtors. The amounts owed are unsecured. interest free. have no fixed dale of repayment and are repayable on demand. These amounts are eliminated on ¢onsolidalion. The College has given an undertaking of £2.400.000 (2024.. £2.400.OOQJ lo guarantee bDrrrMngs tsken out by The Foundation. This is secured by fixed and floating charges over the assets ol The College. The College has also given an indemnity in resFeCt of the total payments due under finance lease agreement5 that The Foundation. 28. Post balance sh88t avonts There were no other post balance sheet event5 which affect the figures disd05ed in the accounts or vthi¢h require disclosure. 29. Controlllng party In the opinion of the directors, there is no ultimate controlling party as The Charity is limf(ed by guarantee. Page 42

nable Issuer Venthams Document generated Fri, 28th Nov 2025 16.'19.'02 GMT Dacumant flngarprlnt ce1COe1ff1e66e7221736eeecb4￿612 Parties involved with this document D¢¢umont pro¢•$$•d Party + Flng•ry*rlnt Sal, 29th Nov 2025 8".16.08 GMT Sally Alkn"ns- Signer Id266594bfc233e193892¢e352bc056bel Mon, 1 sl Oec 2025 8'.51.' 16 GMT Chrislopher Costigan- Signer113a1dc9e3a1a297f8d71 b111029601ebl Audlt hlstory log Date Actlon Fri, 28th Nov 2025 16'.19.'02 GMT Envelope generated by Robyn Childs {176.10.0.281 Document generated with fingerprint 8039bOf¢J8eB4f¢Jdfft038175e881d5a Fri, 28th Nov 2025 16.19..02 GMT 1176.10.0.281 Fri, 28th Nov 2025 16.'19.02 GMT Document generated wth fingerprint ce1cOe1ff1e66e7221738eeecb4c6S12 1176.10.0.281 Fri, 28th Nov 2025 16.19.'02 GMT Document generated wth fingerprint a6ecd97&f5428flc9c237f88099f6fe3 1176.10.0.281 Fri, 28th Nov 2025 16.'19.'14 GMT Document generated wth fingerprint 8451d93a5e2cbbeb1¢39a9cOe416430d1176.10.0.2B} Fri, 28th Nov 2025 16'.24.'42 GMT Document generated with ffingerprint c08a591d4f8907d48a4e2bc2e7282feO1176.10.0 281 Fri, 28th Nov 2025 16'.25.'15 GMT Sent the envelope to Sally Atkins {sally.atkins1@bts'ntemel.coml for signing 1176.10.0.281 Fri, 28th Nov 2025 16'.25.'17 GMT Document emailed to [e-mail] Sat, 29th Nov 2025 6'.51'.09 GMT Sally Atkn'ns opened the document email.1109.158.30.1621 Sally Alkn"ns viewe<l the envelope1109.158.30.1621 Sal, 29th Nov 2025 8".11."25 GMT Sat, 29th Nov 2025 8'.16.'08 GMT Sally Atkn'ns signed the envelope1109.158.30.1621 Sent the envelope to Christopher Cosligan Sat, 29th Nov 2025 8".16."08 GMT [e-mail] for signing1109.158.30.1621 Sat, 29th Nov 2025 8 16 10 GMT Document emailed to ¢hristopher.¢[e-mail] Mon, 1st Dec 2025 8".50.'18 GMT Christopher Costigan VIev￿ the envelope1194.207.27.2501 Mon, 1 st Dec 2025 8'.51'.17 GMT Christopher Costigan s￿ned the envelope1194.207.27.2501

Mon, 1 st Dec 2025 8".51.'17 GMT This envelope has been s￿ned by all parties1194.207.27.2501