Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 Company registration number 05536198 {England and Wales) Charity registration number 1111185 (England Wales) THE ERIC WRIGHT LEARNING FOUNDATION ANNUALREPORT AND UNAUDITED FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 THE ERIC IVRIGHT LEARNING FOUNDATION CONTENTS Page Trustee5 report Tndependent examinerfs report Statement of financial activities Balance sheet Notes to the finai)cial statements
Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 THE ERIC IVRIGHT LEARNING FOIJNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORTI For The Year Ended 31 August 2025 The trustees who are also directors of the cliarity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 Aiigust ?025. The trustees have adopted tlie provisions of Accoiinting and Reporting by Cliaritie5'. Statement of Recommended Practice applicable to charities preparing their accouiits in accordance with the Financial Reporting StandaTd applicable in the UK and Republic of Ireland IFRS 1021 (effective l Jaiiuary 20191. Objectives and activities The Eri¢ W'right Learning Foundation was opened in ?005 as an ambitious project to provide Preston, South Ribble and the Chorley area with a vocational centre specialising in construction and so open a construction industry career path for local young people 14+ who would previously have considered it unfeasible. To ensure that the opportunities provided address current educational and school requirements, the Learning Foundation relocated its skills provision to Preston College in 2015. We now work in partnership with Preston college and other schoolsl colleges to deliver three key objectives. Objectiv¢ On¢ - Inspire.. Through our siafl. Careers lMbasSadOr programme, provide advice support and guidan¢e to leamers, schools and parents to improve the knowledge and undcrstanding of our industry. Objective Two Sk'ills.. To provide skills and training lo learners from 14- years covering a wide curriculum through our partnership with Preston College, and extended to all local colleges where we work. Objective Three- Careers.. Progression into work and the opportllnity for the Eric Wright Grollp to support potential direct lor indirectl employees into meaningful careers. Publi¢ benefit Thc Trustees confjrm that we have paid due regard to the Charity Commission Guidance on public benefit reporting in deciding what activities the charity should undertake. The remainder of this Annual Report explain5 the charity's WOTk during the year and how it ha5 beeii carried out for the public benefit. Achievements and performance In 2025 EIVLF supported 40 burs1¢$ to allow stu(lents to Study at Preston Colle¥e an(1 a¢hiev¢ GC.SE and BTEC. in Construction and the Built Environment. We have supported College staff in the delivery of their T- level prograinme. Throughout 2025 our career ambassadors supported 70 live events in schools supporting 52,855 students. These meaningful ennagements have enabled young people from anes 5-19 to leam about careers in construction and tlie built environment, exploring different roles. All teacl)ing provision 15 being provided by PTeston c.ollege as part of OUT long tern) partnering arrangement5. 76 students attended the 14-16 progTamrn¢. The Eric Wright Groiip supported 830 days of w'ork experience durtng the academic year givtng yoiing people a real insight into the working environmeni. Wowex has now completed eight cohorts, resiilting into stLidenis securing roles within the busiiiess. These courses liave eiiabled students to gain a complete insight into the operational roles within the industry, to meet experts, form their own business and present their tender in a fonmal environnient.
Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 THE ERIC IVRIGHT LEARNING FOIJNDATION TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) For The Year Ended 31 August 2025 Financial review Strategic Ai Tl)e strat¢gi¢ aim of the Eric Wright L¢aming Foun(lation to inspire young people to dig¢ov¢r their full ptstential, empowering theim to biiild su¢¢essful futures and contribute to positive and lasting change in their communities. This is delivered through a three-pillar strategy.. l. lllspire Inspire and educate young people, schools. and families about the diverse and rewarding career5 available in the construction sector buildiiig a skilled and passionate fijture workforce. Our strategic partneTShip iyith Pre5toii c.ollege enables the developm¢nt of a studeiit progression plan wliicli T¢fl¢cts the skills and ¢aTeeT Opportunities within the Eric Wright Group and wider industry. 2. Skills Our objective is to provide skills and training to learners from 14+ years covering a wide curriculum. We fllnd individuals I14- 161 to attend oiir partner college (Preston's college) to stiidj construction-based trades leading to a GCSE qllalification. 3. Progression Our objectives are to support young people in exploring real work opportunities, further leaTlling and work experience and to 5UPPOrt potential direct lor indirectl etnployees into Tn¢aiiingful careei5. Small Companv Prtsvi%itsns This report has been prepared in accordance with the small companies regime under the Companies Aci 2006. FinanciAI Review The Statement of Financial Activities on page 5 shows a deficit of £387 for the year12024'. surplus of £2,860). Reserve5 Poliry As noted above the teaching provision is provided by Prestoji College. The Foundation is comjnitted to offering support for transport for the students and eqiiipment if lleeded. This greatl}, reduces the expenditure required to be funded by the Foundation. The Foundatioti WOTks closely with the ETIC W'right Charitable Trust. It5 anllual budget 15 discussed with the trustee5. who have indicated th¢ii" lI11¥11¢S5 to support the projected level of ¢xpenditur¢. PlaN5 for future periods Our objective is to improve the knowledge and llnderstanding of our industry, noijust for potential learners but also for schools, parents and care givers. Ille want to share our enthusiasm tor the industry in that it can provide an exciting and fultilling career opportunit>, and is open to a wide spectriim of acadcmic and practical abilities. The EWLF continues to review the options to broaden and increase its activities to achieve the maximuin positive impact. Stru¢ture* govern#n¢t and mart#gement Governing document The charity is coiitrolled b). its governing document, the Memorandum and Article5 of Associatloll of the Cotnpany, and COllStitutes a limited company, limited by guarantee, defined by the Companies Act 2006. Organi5ational Structure Tl)e LhaTlty wa5 founded in 2005 and is iegisteT¢(I with the ChaTlty c.ommission under charity numbeT I 111185. Tl)e Trllstees, being also the Directors of the Company. attend the qllarierly Board Meetings at which activities of the charity are reviewed, Financial Reports are analjsed and strategy is set.
Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 THE ERIC IVRIGHT LEARNING FOIJNDATION TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) For The Year Ended 31 August 2025 REFERENCEAND.4DTrIINISTiL4TIVE DETAILS Registered company number- 05536198 {Englaiid and Walesl Registered Charity number- I 111185 Registered Offi¢t S¢¢pire House Sceptre Way Bamber Bridge Prcston Lancasliire PR5 6AW Trustee5 E D Bourne J R Hartiiett G Hultne APHiid N D Whittle lthdeptndent Examiner Jane Dennig BA{Honsl FCA Fairhllrsi A¢¢oiiniants Lid Chartered Accountants Doiiglas Bank House Il'igan Lane Wigan LancashiTe WNI 2TB Banker$ The Royal Bank of Scotland plc St Ann's Square PO Box 320 St. Ann Street Manchester Greater Manchester 60 ?SS 26 May 2026 | 09..55 BST Approved by Order of the board of trustees on ............................................. and signed on its behalf by.. QIAML Mrs E D Bourne Trustee 26 May 2026109..55 BST Date..
Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 THE ERIC IVRIGHT LEARNING FOIJNDATION INDEPENDENT EXAMINER'S REPORT TOTHE TRUSTEES OFTHE ERIC WRIGHT LEARNING FOLNDATION I report to the trusttes on my examination of the financial statements of The Eric Wright Learnin8 Foundation (the cojnpanyl for the year ended 31 August 2025. Responsibilities and basis of report A5 the trustees of the coinpany laiid a150 It5 diT¢Ctor5 for the putP05e5 of company lawl, you aTe Tesponsible foT the prepaTation of the financial statetnents in accoidance with th¢ requiietnents of the Companies Act 2006. Having satisfjed yself that the financial 5tateinent5 of the coinpany are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent exaimination, I repoTt in Tespect of IMY exaininatioi) of the company's fii)ancial statements carried out under section 145 of the Charities.4ct 2011. In carrying out IMY examinaiion I have followed the Direciions given by the Charity c.ommission under se¢iion 14515llbl of the Charities Ac¢ 2011. lthd¢pethdent examither'$ $t#tem¢rtt I have coinpleted my exajnination. I confirm that no matters have come to my attention in connection with the exatnination giving me cause to believe that in any Inaterial respect.. accounting records were not kept iii respect of the COpanY as requir by section 386 of the Compaiii¢s Act 2006. the financial statements do not accord with those records., or the fit]ancial statements do t]ot comply with the accountlllu Tequiretnents of section i96 of the Compallies Act 2006 otlier than any Tequireineiit that the fiiiancial stateinellt5 give a true and fair view., which is not a tllatter con5id¢red as part of an independent examination. or the finL2ncial statements have not been prepared in accordance with the methods and principles of the Statement of Recommet]ded Practice for accounting and reporting bl charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of tlie financial statements to be reached. L gLWJAAS Fairhurst AccountaTLt5 Ltd Doiiglas Bank House Wigan Lane Wigan Lancashire WNI 2TB 26 May 2026109..59 BST Date..
Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 THE ERIC IVRIGHT LEARNING FOIJNDATION STATEMENT OF FINANCIALACTIVITIES (INCLUDING INCOME AND EXPEiYDITUREACCOUP4T} ForThe Year Ended 31 August 2025 Unrestricted furtds 2025 Unrestricted fund$ 2024 Note5 Income from: Donations and legacies 66.220 65,045 TotAI income 66,220 65,045 Expenditure on: ChaTltable activities 66.607 62,185 Total expenditure 66,607 62,185 1Set lexpenditure)lintome and movement in funds 13871 2,860 R¢¢on¢lli#tlon of fvnd$: Fund balances at I September 2024 3,505 645 Fund b&lgnces *t 31 August 2025 3,505 The 5tstem¢nt of financial activities includes all gain5 and losse5 recognised in the year. All income and expenditure derive from continuing activities.
Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 THE ERIC IVRIGHT LEARNING FOUNDATION BALANCE SHEET As At 31 August 2025 2025 2024 Notes Fixed assets Tangible assets 2,587 3,880 Current 115sets Cash at bank and in hand 1,665 1,665 Creditor5: amounts falling due Th'lthin one year 11.1341 12,0401 Iyet current a5setsllliabilities) 531 13751 TotAI Asset5 less current li&bilities 3,505 The fullds of the company Unrestricted funds io 3,505 3.505
Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 THE ERIC IVRIGHT LEARNING FOIJNDATION BALANCE SHEET (CONTINUED) As At 31 August 2025 The Company is entitled to the exemption fTom the audit requirement contained in section 477 of the c.ompanies Act 2006, for the year ended 31 August 2025. Th¢ dLT¢Ctor5 acknowledge theiT respon5ibilitie5 for cotnplyin¥ with the iequir¢m¢nts of the CotnpatLie5 Act 2006 with re5pert to ac¢ouniing records and ihe preparation of financial statements. Tl)e members have not requiTed the company to obtain an audit of its finart¢ial statements foT the year in question in a¢cordart¢e with section 476. Th¢5e finai)cial stat¢rn¢nt5 have b¢¢n prepared in accoTdanc¢ with the provisLOt15 applicable to companie5 subject to the Small Companies Tegime. The chaTitabl¢ coinpany is entitled to ¢xeinption froni audit undeT section 477 of the Companie5 Act 2006 for the y¢aT ended 31 August 2024. The members have noi r¢quired the company to obtain an audit of lis tinancial staiemenis for the year ended 31 August ?024 in accordance with Section 476 of the Companies Act 2006. The trustees acknow".ledge their re5pon5ibilities for lal ensuriiig tliat the charitable COTnpany keeps accounting r¢cord5 that comply with sections 386 and 387 of the Compaiiie5 Act ?006 and Ibl preparing financial statements i¥hi¢h give a true and fair view of the state of affairs of tlle ¢haTltable ¢oinpany as at the end ofea¢h finartcial year and of its surplus or deficit foT each fii)aniial vear in a¢¢ordai)¢e wilh the Tequirements of Seciions ?94 and.395 and which oiherwise comply with Ihe requiremenis ofihe Companies A¢i 2006 relating io financial statements. so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to tlie sinall COTnpani¢5 regime. 26 May 2026109..55 BST The fjnancial statements were appToved by the Board of Trustee5 and authori5¢d foT 15sue on ............................................. and were signed on its behalf by= Mrs E D Bourne Trustee
Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 THE ERIC IVRIGHT LEARNING FOIJNDATION NOTES TO THE FINANCIAL sTATEIENTs For The Year Ended 31 August 2025 Accollllting policies 1.1 Basis of prepargtion The fiiiancial staternents of tlie charitsble company. wliich 15 a public benefit entity under FRS I O? have been PTepared in accordance with the Charities SORP IFRS 102)'Accoullting and Reporting by Charities.. Stateinent of Recointnended PTactic¢ applicable to chariti¢s pi¢paring their accounts in accordance with the Financial Reportin¥ Standard applicable in the IJK and Repllblic of Ireland IFRS 1021 leffeciive l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Treland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 1.2 Incorne All income is re¢ogi)ised in the Statement of Financial Activities on¢¢ the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilitle5 are recogni5 as expenditure a5 500ti as th¢re 15 a legal OT COt15tructiv¢ obligation cornmitting the charity to that expenditure. li is probable Ihai a IransfeT of economic benefils will be required in seitlemeni and the an)ount of Ihe obligaiithn can be measiired reliably. Expenditure is ac¢ounied for on an accruals basis and has been classified under headings that aggregate all costs related lo the eategorv. Where cosis cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent ivith the use of resources. Governance costs include costs of the preparing and examination of the Statutory accounts, the cost5 of trustee meetings and the c05t of any legal advice to trustees on gov¢rnance or constitutional rnatters. 1.4 T&ngible fixed assets Computer equipment straight line over 3 years Income from donations and legacie5 Unrestricted funds 2025 Unrestricted funds 2024 Donations and gifts 66,220 65,045
Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 THE ERIC IVRIGHT LEARNING FOIJNDATION NOTES TO THE FINANCIALSTATEMENTS {CONTifiuED) For The Year Ended 31 August 2025 Expenditure on eharitable Activities Cost of chAritgble activities Cost of charitable activities 2025 2024 Direct Costs Depreciation and impairment Programme Tesources ChaTltable PTomotion Health & safety equipment 1,29.3 24,847 28,233 1.424 689 1,552 31,550 30,346 Share of Support #thd govern#the¢ eosts (ste note 4} Support GoveTI)ance 33,843 1.214 30,819 I,o?o 66,607 62,185 AnAlI'sis by fund Uiir¢5tricted fuiids 66,607 62,185 Support Costs #llo¢ated to activities 2025 2024 Wages Governan¢e costs 33.843 1,214 30,819 1,020 35,057 31,839 Analy5ed between: Cost of ¢haritable activities 35,057 31.839 Net movement in funds 2025 2024 The net movement in fui)ds is stated after ¢hargintylcreditingl: Fees payablc foT the indepeiident examination ofthe ¢l)aTlty's financial stateTnents Depreciation of owned tangible fixed assets 1,194 1,293 1.020
Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 THE ERIC IVRIGHT LEARNING FOIJNDATION NOTES TO THE FINANCIALSTATEMENTS {CONTifiuED) For The Year Ended 31 August 2025 Employees The average monthly number of employees during the year was.. 2025 Numbtr 2024 Numbtr ChaTltable a¢tivities There were no employees whose annual remllneration was more than £60,OIK). Remun¢rgtion of key mgn*gemet)t per$onnel There ivere no trustees, remuneration or oth¢r benefjts for the year ended 31 August 2025 nor for the year ended 31 August 2024. Trustees, txptth$¢$ TlieTe weTe no trustees, expei)ses paid foT the >'ear ended 31 August 2025 noT for the yeaT ended 31 August 2024. Taxatio The charity is exempt from taxation on it5 activities because all its income is applied foT charitable PUTposes. Tangible fixed assets Compiiter tqyiptnent Cost At I September 2024 3,880 At 31 August 2025 Depreciation and impairment Depreciation charged in the year 1,293 At I l Au¥ust 2025 1.293 Carrying amount At 31 Augusi 2025 2,587 At 31 August 2024 Creditor$: amounts falling due within one year 2025 2024 Accruals and deferred income 1.134 2,040 10-
Docusign EnvelopÈ ID." F09F19A43ACg-8F22-803A-30985C4F5296 THE ERIC IVRIGHT LEARNING FOIJNDATION NOTES TO THE FINANCIALSTATEMENTS {CONTifiuED) For The Year Ended 31 August 2025 io Unrestricted funds The llnrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specifjc conditions by donors and grantors as to how tJi¢y may be used. At I September 2024 Ineoining resource5 Resources expended At 31 August 2025 General funds 3.505 66,220 166.6071 Prtvious y¢#r: At I September 2023 In¢oming re$ovr¢¢s Resourees exp¢nd¢d At 31 August 2024 GeneTal funds 645 65,045 (62.1851 3.505 Related party transactions Controlling entity The charity is under the control of the Trustees named in the Trustee's report. Related party tran5act10115 Donations amountin¥ to £66,220 (2024.. £65,045) were Teceived from the ETi¢ Wri¥ht Charitabl¢ Trust.