Charlty reglstratlon number 1122536 Company regIStraOn number 06362939 (England and Wales) BRIDGE SCHOOL MALVERN LTD ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
BRIDGE SCHOOL MALVERN LTD LEGAL AND ADMINISTRATIVE INFORMATION sts68 JufE Taylor Sarah Slaler {ChaT) Clare Gabriei Graham Quint Julia Clarke (Appointed 10 September 2024} (Appolntèd 13 November 2024) IApptint8d 8 January 20251 (Appointed 16 December 2025) (Appointed 15 January 2026 {ointed 21 January 2026) Nathan Smith Mark Shlngletffl Chlef Ex8cutlvo Offlcer I Secretsry Nell Homby Charfty number 1122533 Company number 362939 Reulsterod offlce Unit 2, Hanley tsrkS Hanley Sv cestershire WR8 ODX Audltor Kendal Wl8y LLP Granta Lry*Je 71 Graham Road Mknm 14 2JS Bènkth Co-oFerati¥e Bank PO Box 250 Delf Holtse Southway Skdmersdaig WN8 6V
BRIDGE SCHOOL MALVERN LTD CONTENTS Pag Trustèes, report Stslement of trustees. TpOnsIlI1es Indendtt wdtlc<s r4 Stalgmenl olffinan(aal ac4rvities Balan sheet 10 statement of cash fiow8 11 Notes to the an¢1 SlatenrrtS 12-22
BRIDGE SCHOOL MALVERN LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST2025 The trustee8 their annual r8Wqt and fin8rthl ststements for th8 year ended 31 August 2025. The financial 8tatemenl$ have been prepared in accordare Imth the acojunting 118$ set out in note 1 to the flnanci81 statements and CoMY wth the d)8rity's goveming dument, the Companies Act 2006 and 'Accounting and Rep¢Jting by Charilies.. Slalemenl of Re(x)mmerKled Prth appllcable lo dwritias preparing their accounts in accordance wlh the Financial R8rKrting sIard aptAicable In the UK and Republic of Ireland IFRS 1021 leffodive 1 January 2019). ObJo¢ts The Charitys objects Cyhe 0ect$7 are to than education by suth as Ihe Iruslees may consider appropdale induding by Means of establishing and cwadng any educiona e8tablishment or astablishmenls In Malvem Hi118 and in such other parts of the United lQngthm or Ihe worhJ as the trustees may frn time lo lime think fit and to ftdfil such other purposes are exdu&vdy charit8t4e ac¢ordiThJ to Ihe law of England and Wales and are connected with the chaiitabl8 of the chaiity. ObjVe$ and actlvltlos Objectivés.. We are an Indepervjent special schwl worknng wrth Yn9 pecve have struggled in mainstream schools. or forwhom mainstream education is not suilaLIe. Building s&W worth, confidence. recLxJnIng their unique gffts and being prOj of 8t they do, are all as important as obtaining qualifications. We ftxus on the swal. wa¢tKal and personal thlls that will help them lo achieve their polen16al and move forward into SUc$Sful adullhLxxI, Imng lulfilliro lives and contributing lo Ihelr communities. We offer a programme of core subj, SLKI) as mafhs, english, scio, phCal education end RSHE alongside a range of practi1 8nd therapeirtic subjects. sud) as art, music, ICT. horticullfjse, animal Te. cooking, construction, humanikn'es, rnindfulness, counselling and olhw therapies. Our sixth fomi Cent is much more focused on careers guidance, vocational training. preparation for aduthood and independent living skills alongside corthnued academic and persrmal progression. The trustees have paid dl regard lo guidance issued by the Charity CDmmission in deading what a¢liwties the arTty $Uld undertak8. The trustees abide by the updated Memorandum and Artides of Association aThJ Instrument of Governan. The day ID day responbilleS and targets of the of trnstees is linked very dosely lo the overs5ght and monitoring of the school improvement plan and any projects andlor issues raised by the Headleacher CEO during goveming board meetings. The trtee$ are primarily respons1te for holding the 8chool actountable for ad)ieving thr targets, rnainlaining the finances, managing pupil numbèrs. adhering to relevant legislations and reswnsibililies. corrtiwed pr¢)fossional devdopmenl of staff. slaff ten110 aTh1 recruitment and 8xutate reporting and record keeping. Tha trustees have paid due regard to guldan¢e issued by Ihe Charrty knmiss¢on in deciding what activiti th8 cl7arity should unthrtake.
BRIDGE SCHOOL MALVERN LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 Achlevements and perfom)ance The school has continued lo develop over the last year. stJent numbers have keen stable and the s¢hool remains al capaoty al th8 main site 8fKI dosa to rapaoty at th8 Sixth Form, wth a total of 51 pupils acToss the 2 sites. The Schol has contlnued lo broaden ts rarge of OFporlunthes availa1e to sbjdents and Its key athlevements for the 24125 academic year indL¥Jed'. • Addilronal support serylce8 being implemented a(TOSS Ihe Ole sthocl. The expansion of the Sixth Form Intre. Gontlnued devdopment of pastoral supwt cn offer: Acornprehenslve trydlnirvj (CPLI progrdmme throughout the yearfor all staff. Increased revenue, 88'/fy of young peopie an9 In July 2025 made a posltive progresskin Into wcrfk or further traIninjWat10n. which 18 in ke8ping wlh previous years. Recrulfment GovemDf3 are recruited on a need5 basis. with carehjl 8naWks of areas of expertise that will add value to the esting govemlng board. Annually, the govemlng Lurd evaluate thdr work identrfy clear goals for improvement and action. Prospective govemrs will undergo all safer reClIment checks including inlerviews befi)re belng appointèd and after Selecti they be Su.eCt lo the usual DBS 8ueenirwJ process. All new gov&rnors und8rtake trainlng in the role of a govemor and trustee. indudlng safeguarding and complete a thorough indLKth)n. Remuneratlon RemurEr81ion of the Headtea¢&w and CEO fs by the g)vemlng try)anJ and VAII be reviewed In line vllh the nana81 '0m of the business. )Mparate rates of pay acrosg the industy and taking inlo cowderalion staff salaries and role&lresponsibilitie8 acmss the wder bu&nes& Annu inaationary pay inueases are allrxaled lo all staff sdaries and approved by th8 trustees. Rlsks The princlpal idefitified risk lo the bne$S al present remains 1he lunding stream and as50cialed pupil wmbers. The buslne8s relie8 largety on one main Local Authw aThJ rf pupil refeffals were to reduce this would have a negative IM upon tho rfOae of the business. Holer. the hKJh sch1 sile Is over sUbscried and has remained so for 8 nurnb8r of years and as sh is op8rat¢ng at fvll Ca1 vAth no for8casted chan. The sixth fomi centm was not at full capacity in 24r25 but still perfOn profftabty. Oper8tiThJ wth suitab cash re8eNes supports the abllty to lolerats stmne fluctuation in pupil numb The tntstees monitor the get every half teffti aTrJ review this before Mang any decisions regardng fvture stsfflng and addl11al Interyentlc4. Voluntser5 The high school sile uses a 8m811 number of volfftteery6. These vdunleers are subjected to the same level of DBS ¢eck5 prior lo their placement and are alkncated restK)nsibilthes suitable to thelr abilllles. Largety, the rtsles of volunteers fom part of the sdwol's plan to sUprt the wder cnmlIty and offèr MeIngfUl to SENI disabled eduts. Feèdback Parent and pupil feedbad(18 frequerfy 111¥e. wilhin the last 12 months we have comments such a& Yo be honest, he's a chaThJed person Sin he's beell there. vR're realty pro of himl I do genuinely believe tth? staffl all hava 80rne anwing qualities wheth¥ it's your hUmr. knowledge. or praclicai $kn118 or even all 3, regardless you are all very kind people and Ihays vthat matters mostesFeckally to me. The sGh¢)ol will regularfy ffide feedb¥k to pupiL8 parenwwers and al80 create OFVOrtunilte8 for feedba¢k to be receN&Y, thether this be fDrmalty thr(h ofsied Parent Infcffi1ty via IdepFK)ne (al or email.
BRIDGE SCHOOL MALVERN LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Golng concem After Mang awropriak enqulrtes, the Trustees have a reasonab expectslion that the Cc4npany haB adequate resource8 lo continue in operational e$terte for Ihe foreseeatde firture. For this reason, they conllnue lo adopt the golng conr basis in preparing Ihe financial statements. Further detai regarding the adopts'on of the golng corK6m ba8 can be found in Ihe acuthiThJ Fdioes. Flnanclal revlew Bridge School Malvem Ltd's totsl income for Ihe vras £2,524,495 (2024.. £2.158,4351 and trAal 8xpendllure wa5 £2,468,51812024.' £2,146,977). AchK8virrfJ a surplus for the year of £55,97712024.. £11.4581. At the year er lolal funds w8r8 £840,022 12024. £784,045) of which £551,080 {2024.' £nill were deslgnated, of which £474,(tyO is represented by tangitA6 assets arKI £77,000 is a capltal projects fund. Free reserves were £288,942 {2024.' £354,255}. Reservos poIIcy The GDverrKJrs aim to maintaln free 5h reserves In reStriCted funds at a 18vel that equates 10 20% of annual charitsble expenditure. The GoVnOr3 consBJer that this lèvel V]1 prowde sufficient fijnds to respond to short-term ¢hange5 in funding or Joss of students. If it is required that free cash res8rves are used. the CEO NMII infomi the governors giwng the reas and likely durdion. In addtNon, a DIgnated Building Investment Fund may be establish as r8quired for fvrture Inveslrnent In Infraslruthm, patts"culaAy lo replace facilities that are lost through an lna.1rtY to renw exsting biihjinglsile leas8S. Any unexpended sums. after the cash reserve has been rnel. at the request of Ihe trustees will althaled to this nd. FSC may frc4n lime to tim8 direct Ihat a spec4fic 50ur¢e of revenue be Set aside tor reserves. PemilON from tho FSC will be required before any ffiJn(ts from the De$vJnat&J Buili*r¥J Investment Fund are used. stNcture, govemance and management The charty is a company limited by gLtarnnlee aTrJ w88 Set up by a Tnjst d. The trustees, are also the directors for the purrose of company law, and who during the year and up lo th8 date of signature of the llnancial statements were". Helen Attree (Re&gl 17 Marth 2025) Julle Tayl¢x Sarah Slater {CF78ir) Geoffrey Vevers Clare Gabriel Graham Qulnt Julia Clarke Sarah Crowe Nathan Smith ark sngleton (Resig1 6 October 20251 (Appoinl8d 10 September 2024) IAFPOitrted 13 Novemkr 21Y24) {Appoinled 8 January 20251 {Appoinled 16 Det£mber 21Y25) (Appointed 15 Jamary 2026> (ApFLMrrt&J 21 January 20261 The post ofchair ofGDvemors is hdd by Sarah Slth. The management of the Company Is the re8p)nslt¥lity of the Truslees vhK) are elerted and c{kop under th lems ofth8 Trust deed. None of the trustees has any ben&firaal interest in the wmpary. Al of the trustees are members of the ccmpany arKI guarth to contribute £1 in the event of a wndng up. Audltor In accAxdance with the company's articles. a resolution FwrvJ that KeThJall leY LLP be reapp)Inted as au(klor of the company wlll be put at a G&neral Meeting.
BRIDGE SCHOOL MALVERN LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 txsclosure of Infomatlon to audltor Each of the trustees ha8 confimied that there is infomiation of which fvy are aware which is relevant lo the 8uthI, but of which the aulfitor is unaware. They have futher confirnd that they have taken appropriate stsps I Idenlrfy such relevant infomiation and to gstabfish that the auditor is aware of Suth infomiatlon. The trustees. report was 8pprov&l ty the Board ofTNste88. Sarah Slater (Chairl Thisteo 23 March 2026
BRIDGE SCHOOL MALVERN LTD STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 AUGUST 2025 The trustses, who 8r8 8180 the diredors of Brldje SL*th Klalvem Ltd for the purpose of ¢ompgny kw, ar8 reSponsie fc preparing the Trustees. R8PCMt and thè finanual Statements in accordance th applicabl8 taw gnd Unf(8(i lQngdom Accounting Standard5 (Uniled ngdoM GenerdlyAccepl8d ActountirYJ Prtice). Company Law requires the trustees to Ffepare fir81 st81ements eath financial y&8rwhich gNe a true And fair view of the stale of affairs of the charty and of the irKoming re9)ur8 and appIiG4tiC of resources, induding tho Income and expwidrtum, ofthe ctharflable ¢ompany for Ihat year. In preparong these finantaal statemts. the trustees are reqiured to: - 8elect sultable accg)unting policies and then ¥pty them consrstenty. - ob8erve the melhods and prinoples in the Chwities SORP. - make ludgemersts a1 eslmatès that are reasonable and PnKlenL and - prepare the financial statements on the g(xng concem basis unless it i¥ inappropriate to presLwn8 that the charity will continua in operab'on. The trustees aft responslble for keeping adWe accountirrfJ records that disclose vthh reasonable accuracy at any time the financial positi ofthe charty and enable them to ensure that the ffinancAal statements comply wllh the Companie8 Act 20C6. They We also Teswn&b for safeguardiryJ the as8ets of the drIty and henco for taknng reasona8 steps for the prevention detecb.on of fraud and other irregularitie&
BRIDGE SCHOOL MALVERN LTD INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF BRIDGE SCHOOL MALVERN LTD Oplnlon 14Ve have audited the finawal statements of Bridge Schoc4 Malvem Ltd (the '¢harityl for the year ended 31 August 2025 4thich compri8e the statement of finanrAa advib8s, balance she8( the statement of cash flows and notes lo the financial 8tslemenl8, induding significant accounting pdicies. The finanaal reporting framework that has been applle(I In thelr preparatlrffi 1$ 4)pltitde law and United lfjrWm AcntIng Standards, including Financlal Reporting Stsndard 102 Th& Fin8nci81 R6wrting standa applicabl& in the UK and Republ of Itelafid (Unlted Klngdom GenerallyknepledAccounting Pracbcel. In our oplnion. the statemerrts". glve a true and fair view of Ihe stste of ¢harit&le wnpanY$ affairs as at 31 August 2025 of ts Incoming resources apF4icatlon of resources. for the year then ended,. have been property wepared 41 ac£ordance vfith lQngth)m Generally Awtod Afxounting prCb., and have prepared in accordan wilh the requr8m8nts of Compani8sAca 20. Bas18 for oplnlon We conduLted our audit In aCrdan wrth Irrtemational StaTrJards on ALKlthng (UK) (ISAS (UK)) and applicable law. Our responbIlleS urbjer those standards are further debl in the Auditoff5 reswnsibKities for the audts ol the flnancial statem&nts seclon of our repKJrt. independent of tre charty in aCrdanCe the ethical requirements that are retevant to our audit of the ffinaal stemen15 in the UK, wung the FRC'S Ethical Standard, and we have fUilled our other ethieal respowtxlibes in aceordan with Ihese requiremen Wa telieve that the audit evldence we have obtsined Is sufficient and apprcwkqte to provlda a basis for our onIOn. Concluslons relatlno io golng concem In auditing the ffinancial ststements, have Ir4Ljed that the trustees, u88 of the golng concem basls of accounting in the preParatiC of the finanaal statements is arwprlale. Based on the we have F¢rfMed. we have identified any material uncrtainttes relating to events or conditions that, in(l¥idualty or collectivety. may cast wgnrficanl doubt on the charity's ability to continuo as a goiNJ concem for a period of at18ast 1v9 months from the financial statements are aulmrised for issue. Our responsibilibes and the ressIbil of the trustees th res1 to wing concem are dgscribod In the relevant sections oft5 report. Other InfornlI0n The other information comprises the infcfmaticn Iruded in the annual reF other than the finala1 8tatemen18 and our audltorfs report UEreon. Tre trustees are responsib for the ¢)ther infomiation contained wlhin the annual report. Our oplnion on tre finanual statements th)es not cov8r the other infom1811tM and dD rK)t express any form of assurance conctusion thereon. Our responsibility is to read the other informab'on and, in doing so, consider whether the other infornwtion is matl01[Y irv))nsstenl wth finaDck?I statements our knowledge oblaine(J in the course Dflhe audll, or clhols0 appws to b8 materiJty misststsd. If we identify SL materHI Inconsistenc8 or apparent malerlal misstatements, we are required lo detemiine whether this gwes rise lo a mater01 misstatement in th& ffnancval statements tremsdves. If, based on tho have p8rfomiod, condude that there is a malerfal misslalemenl of this other information, Lred to rep)rt that faca. have nothing to rep(Yi in this regard. Matters on whlch we are requlred to report by excepuon We hav8 nothing lo r8port in respoct of th& fdbvlng matters in relati(m to whith Charitb8s (Accounts and Reports) Regulations 2008 require us to rewt to yw rf. in our Okynicffl.. the information gNen in the finanoal statements is inconsistent in any material respgct with the Irusteos, report., suffidenl accouthng records have not been kept or the finanoal 81atemerrts are not in agreernent the records., c we hav8 not raceivgd sll th8 Infonnation and ewanations we require for our authL
BRIDGE SCHOOL MALVERN LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF BRIDGE SCHOOL MALVERN LTD Respon51bllftles of truste•s As explained more ful in thè Statement of twstees, responsilias, the trustees. who are also the directors of the charity ftx the purwse of ecmpany law, are responsible for the weparalion of the financlal statements and for being satisfied that they give a Irue and fair ¥i8w. and for such intemal control as th8 trustees delemiine is necessary to enabl& the preparation of financial statements Ih8t are free from material misst8temenL whether due lo fra1 or error. In preparing the ffinancial statements, the trustees are resr•)nsible fLY assessing the charity's ability to conllnue as a g¢ing concern. dISdng. as alCae, matters related lo gxng nCeM using the goiro conrn basis of accounting unless the Iruslees either intend to liquidate the charitae cunpany or to cease operallons, or hava no realistic aMemative but to do so. Audltoes resp¢)n$lbllltlgs for the audlt of th8 flnanclal slatemènts h8ve been 4)pointed as audltar under section 144 of Ihe Charities Act 2011 ar report in ar£ordance wth Ihe Act relevant Wulati$ made having afft IhereurKler. Our e¢lIveS are to obtain reasonatAe assuran ab(¥Jt er the financial stslemonts as a WIK) are free from material misstateme, %thether due to fraud Or error, and to Issue an auditorfs r8fM)rt that includes our Opin. Reasonabie assurance Is a high level of assuran Fjjt is Th)t a guarantee that an audit cOuCted in acthanc& with ISA8 (UK) will always detect a material misstatement it exists. Mlsslatements can aris8 from fraud or error and are consklered material rf, individually or in the agJregate, they (Id reasonably be expected to Influence the economic decl8ion8 of userstaken on the basis of these finawal statemet)ts. The extent to which our proc4(lures ara (spable of detecting irregularibes. incluc4ng fraJ. is detailed tlow. Extent to whlch the audlt was consldered eapalAg of detecling Irregularitles. Includlng fraud - an underslandiw of the risk assessmfjnt prtxess (including the assgssmenl of thè risk of fraud) a(k)pted by the Trusts& Board is obtained and their atbtude to rfsk ascertained. - an assessment of the susceptitrilty to maknl mis-Statem&tt of the financial statements as a rasLIt of management over-ride or fraud is m. - tt is ensured that Ihe engagement team have, colledively, the appropriate Comi1, capabilities and skills to b8 involved in th8 assignment, are fully efed and understand the risks spe(ific to the chanty. Audlt response to rlsks Identffied - processes to l&st the outcomes of our assessment incl, a review of TnJst88 Board minute8, anat81 reviow, the rèlevance and accuracy of gnificant accounbrKJ estimate8. substantNe testing of signfficant transactions, work to identfy LUSUal or Ljnexpected accounung entries IU(n9 the testing of loumal entrie8, infomation di¥dosed in the financial statements is traced to SUPFL)rting d0mentatIOn. In 811 Instances il is ackn0vAedg thal material mis- slalemenls that arise frC fraud may invdve ddiberate 1X81Men1 or Collusion and are. therefore. by their very nature harder lo detect than those arislng from error. - an understandlng of the leg81 a1 regukg10ry framework a5 applKable to charty is obtsined together wlh knowlodge of the proureS Put in by Ihe charfty in order to cA)mrAy wth the Same. - it is established if ther& have been any instartts of nOW(PIn Trmth apFAut4e law8 and regulations, wher6 there are such breaches, a fvll underst&ing. galheriTrJ of rdevant documentalion a[rtning to the event is obtained arKI assessed. 11 should be noted that AudÉling starKJards lim the audit WradeS reqLired to I11fy norpc0mplla wlh laws and regUlaon9 to ewuiry of the trustees arKI other management and the of r8gulatOry 8nd kgal corresporyJenLE, rf any.
BRIDGE SCHOOL MALVERN LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF BRIDGE SCHOOL MALVERN LTD Our rosFK)nsibility is lo audit and express an oplnion financ siatements in >[darth with 8ppllcat48 law and Inlemation&l Standards on Audrting (UK and Ireland). Those standards wuire us lo comply with the Auditing Practices Board's (APB's1 Ethlcal Stsndard for Auditors, Indudin9 "APB Ethical Standard - Provish)ns Availabl8 Small Enlitios (Revised) in the ryrcumstsnces set (rt In note 23 to the ffinanci stslemenls. A further descrfption of our respon5ibililies is avalable on the Flnandal ReEIng CourKI's Weble al.. https:11 wvJW.f.org.uklautorsreSplb1lItIfjs. This des01ptic fom18 part of our alitorS rerxt. Us8 of ourrnport This rewrt 18 made sdely to the cariVs trustees. as a body. in acoydance Imth part 4 of Ihe Charities (Accounts and R6POrt8) Regulations 2008. 0 audlt Vrk has been UKlertaken so that we might stale to tharivs trust899 those matters we are required to stsle to them in an auditc5 report arKI for no other purpose. To the fullest extent pemiitted by law, we do not accept or assume respsItlty to anyone otFr than the tharity the charity's trustees as a boty, for our aLKlit wort fc thls rewt, or f the OFinicns we have fcmed. Sarah Morfey BA (Honsl ACA (Senlor StatutoryAudltort for and on behalf of Kendall Wadl¢y LLP 23 March 2026 Chartergd A¢countants Statutory Audltor Grarta Ltsdge 71 Graham Roa Man Worcestershire 114 2JS Kendall Wajley LLP is efigibk? for aprK)intment as of th8 charity ty of its eligiblllty for appnttnt as auditor of a company uThJer $titsn 1212 oflhe companSAct 2006.
BRIDGE SCHOOL MALVERN LTD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 AUGUST2025 Total Unrnstrfcted Re8trlctsd funds funds genernl 2024 Total funds funds gèneral deslgnatsd 2025 2026 funds 2026 2025 2024 2024 Donations and legarAes Charit88 actIveS Investments other income 898 300 2,429,687 3.418 67,214 23,278 2,452.965 3.418 67.214 2.047,842 517 63.350 48,426 2,094,268 517 63,350 Total Income 2.501.217 23,278 2,524.495 2.112,009 46.426 2,158,435 Ch8ritable 2,427,472 41,046 2,468,518 2,1 CQ.195 46,782 2.146,977 Net Incom81 lexpgndlturel 73,745 (17.768) 55,977 11,814 (356) 11,458 Gross transfers behveen funds 12 1568,848) 551.CQO 17.768 Net {expendlturey Income for the y¢arf Net movemenl In funds (495,103) 551,080 55.977 11.814 13561 11.458 Fund balances at I September 2024 784,045 784.045 772.231 356 772,587 Fund balances at 31 August2025 288,942 551,080 840.022 784.045 784.045
BRIDGE SCHOOL MALVERN LTD BALANCE SHEET ASAT31 AUGUST2025 2D24 Notes Flxed assets Tanglble 858els 13 474.080 429,790 Current assets Debtors Gash al bank and in hand 14 96,105 461,626 26.485 403,150 557.731 431.835 rodltors: amounts falllng dug wlthln one yèar 15 {191.789) 177.380) Net current assets 365.942 354,255 Total net assets 840,022 784,045 Income funds Unrestricted tunds - dwgnatgd Unrestrct&J funds- general 551.080 288,942 784,045 840,022 784,045 The company is entitled lo the exemption fI(n the audr( requiremenl (yjntained in 477 of the Companies Act 2006, for th8 year ended 31 August 2025, although an audit has been carried out under sectlon 144 of the Charities Act 2011. The director8 aCknOedge their responbIll11eS for pfy7Thj vAth the requirements of Ihe Ccffiparigs Aca 201 th reSpt lo accounting records the preparth.on of firwvial statements. The members have nE)t requlred the comwy to otlain an autht of ts finanraal statements under the requirements ofthe CompanlesAct 2006: for the y8ar in qu&stion in aCrdan with sethon 476. These finanaal *tements hav8 been wepared in aLxordanc8 with the provi akX)Ilcable to ¢>Jnpanl&s subject to the small companie$ wime. The financial ststernents were approved by tho Truslees on 23 2026 Sarah Slaler (Chalrl Trustee Company reglstratlon number 06382939 10-
BRIDGE SCHOOL MALVERN LTD STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 2026 2024 Cash flows from operatlng actfvitle5 Cash gen&ral8d frrM operations 19 130,661 97,520 Investlng artlvltles Purch88e of tangible fixed awts Proceeds from di8posal of langitA8 fixed assets Inveslmenl Income receiv&J (77,053) (133,854} 7,053 517 3.418 Net cash used In Investlng actlvltlos 172.1 {126.2841 Net Increasel{dètrnasèl In cash and cash equlvalents 58,478 128,7641 Cash and cash equwalents at bgglnnlrg of year 403,150 431,914 Cash and cash equhTalents at end ofyear 481,626 403,150 11
BRIDGE SCHOOL MALVERN LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng pollcl Charlty Informatlon Brfdge School Malvem Ltd 15 a private o)mpany limiied by gu8ranlee ThKtirporaied in England and Wales. The registwed office Is Unit 2, Hanley tShL¥5. HanY 9wan. Worcester, rces1er$hiTe, VVR8 ODX. 1.1 Accountlng tonventlon The finanoal Statements have toen prepwed in CordanC8 the charity's goveming thcument, the Companiè8 Act 2006 and 'Aco)untlng and RepOrtll by Charibes.. Statement of Recommendod PractKe applicable to chartties preparing their accounts In accordance with the Financial Reporting Stsndard applicabl8 in th8 UK and RepublK of IrdaThJ IFRS 102) leff•the 1 January 2019)" The Charity is a Publlc Benefft Entity as definèd by FRS 102. Tha finandal statements are prepared in st1rJ. wthi¢h is the fUonal currw of th8 charfty. Monetsry amounts in these flr7ancAal statements are rounded to the neare £. The financlal staternenls have been weparèd under the cx)51 Lxmvention, modifi8d to include the revaluation offreehold land to market value. Tr principal accounting pdicies adopted are set out bèlow. 1.2 Golng concorn At the knme of app¥19 the finaThal statements, the trustees have a reasonable expertation that the charity has &Jequate resources lo continue in opetab.ond exstence for the Seeable fijlure and that th8re are no malerfal uncertainties about its abilty lo c4Mlnue. Thu$ the trustees continua to adopt the gng concern ba818 ofaccountlng in preparing th6 finanrAal ststements. 1.3 Charltable funds Unrestricted fvnds are awlable for use at the disc¥8tson of the trLtstees In furtherance Df thelr tharitabl8 otyectlves. DeSIated ndS comprise fvnds have been set aside at the discretion of th8 trustees for speclfi¢ purposes. The purposès and LWS of the dgnated funds ar8 set out in the notes to the financial statem8nts. R8slricted fvnds a subject to speciffc o)nditi¢M by dcKK)J¥ or grantors as to how they may ba used. The purposos and uses ofthe reslrfct8d fvnds are set oui in the notes to tho finaThiaJ Statements. 1A Income Incrxn8 Is recognised when the charrty is legally enbued lo it after any Perfn CondC8 have been mel, thè amounts can te measured reliabty, and rt is probabK8 that ince will be receNed. Cash donations are recognised on reeelpt. other donati are reLxJgnlsed 08 the charty has been notified of the donation, unless rKrfomiance cond'0n5 requir8 deferral of the amount. Income tax recoverable in relation lo donaticS rOved urKJer Grftd or deeds of cowant Is recogni¥ed at the time of the donatlon. Servlces pmvided urKler conltaL# 18 iTh)Jme reLeived fr(Kn Local Authodties and is recniSed on an a(zruals 12-
BRIDGE SCHOOL MALVERN LTD NOTES TO THE FINANCIAL STATEhlENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 Accountlng pollclgs IContlnu¢dl 1 Expendlture Expendlture 18 reccgni$ed once th Is a log or constrnth obligation to transfèr economic benefft to a third party, It is probable that a transfer of 8¢0M1C benefft8 WAI be requlred in setUemenL and the amount of the obligation c be mèasur&J rdiAy. Expenditure Is dassrf5ed by aclsvity. costs of each activity are made up of fhe total of dir&t Costs and shared cost8, including support ¢0sts involved in undertakiry each actiMty. rect costs attributatrA8 to a singlo actNity are allocated dSredy to that activty. Shared costs ribute to more than one acllvrty and supportcosts %thich are not attribJt8ble to a singk acth'vity are apportioned belween those aclvlles on a basis consistent with the use of resources. Central staff costs are allocaknl On the basls of tim8 spent, and depreciation tharges are oll¢xated the wtion of Ihe assefs use. 1.6 Tanglble flxed assets Tangible fixed assets are initiaty measur8d at o)st and sub8ewty measuwd at cost or net of d8preciation and any impalmnt losses. Deprecaation is recognised so as to wriie off the cost valuation of assots l&ss their rewdual valu88 OV8r their useful INes on the fo1thTrJ bases.. Freehold land Loasehdd land and bulldlngs Plant and ew1pmt Computers Not deprecIal 10% straight line 5%- 20% reduung bthce 25% r&Jucing ba The gain or loss arislng on the dIsSaI of an asset is deiemiined as difference the 8ale proceeds aNJ the rArylng valu8 of th8 as8eL and Is recogrised in the statement of finanLyal a09s. 1.7 Impalmnt of ftxed assets At each reporUng end date. the charity rev7ews the carrytng am(yJnts of rts gI8 assets to determlne whether there Is any indication that those assets have suffered a) imp8irment loss. If any suth IndatrOn exists, the recOVerae amount of the asset is tiMated in order to detemine the extent of tre impairment 1088 lif any). 1.8 Cash and cash oqulvalents Cash and cash equivalents iaude cash In hand and dats hdd at call bks. 1.9 Flnanclal Instrum&nts Charity has deded to apply Ihe provi&ons of Seclion 11 'Baslc Financial Instruments. and Sod( 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Fin8n¢ial instruments are rwnised in the dwitrfs batart6 sheét whwj the charity becomes paty to the ctrarual protrisions of the irtstTumenL Finanoal assets and lialxlitias ar8 tjffset, bmth tr net amwnts Frnenled in the financial st8temonts, when Ihwa is a legalty enforceable right to set off the recogrmwl amounts and ther8 is an intention to Sett on a nel basis or to realise the asset and selue the Ilaliltty SimUaneouSty. Bask flnanclalassets Basic financial assets, which Indje debtor8 and cash and bank balance8, are initially measured at transaction wc8 Including transaction costs and are subwuenlly carri at amorbs8d cost using the effectlve intsre81 meth>J. Finanual assets dasr &s rNabl&wIthin ce year ar8 not amortised. 13-
BRIDGE SCHOOL MALVERN LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng wilcles Icontlnued) Baslc flnanclal Ilabilities Basic finarla1 liabilities: IUdIng uedttors are IINtialty reeognised at trensactlon price. Flnancral liabiliU8S ¢lawfied as payable w(thln one year ar8 Th)t amortised. Trad6 creditors are obligations to pay or seNices that have been acquired in the OrdIn cours8 of opefations from suppliers. AJllnts payat4e are classffied as Ujr1 liabiliti8s if payment is within one year or less. If not, they are presented as nowurrent lthile. Trade creditors are rewnised inib'ally al transaction prlce and subsequenuy measured at amorti8ed cost Ung the effedive interest method. DotBcognltlon of ffnanclal liablllrfles FinancAal liabilities are derecognlsed then th& charity's contrxlual ot11tiOnS exFire or are d18Larg8d or cancelled. 1.10 Employto beneffts The cost of any unused holiday wrtillement is re¢(y3nised in the rkn] in whith the employ88's seNk88 arè received. Terminatlon lfitS are wnised immediatety as an expense when the charity is deMCStratlY ccnmthd to temiinale the eMp]oymt ofan em 0Yee or to youide temiination befits. 1.11 Retlremerrt benefits Payments to defin&J contribution rement benefft eMe8 are as an expense a8 thay fall 8. crftlcal accountlng estlmat85 and judgemènts In the aPplUti ofthe charity's aLxountiThJ wlkies. the t5 are rewired to make jtbJg8mènls, estimates and assumptions aboth the rrrj amount of assets a1 liabilrties that are not readily apparent from other 8ou(ces. The estimates aTrJ associated assumptions are based cffl hi81orTrcal experience and othgr factor3 that ar8 considered to be relevanl. Actual results may differfrom these esumates. The estlmates and underfying assumptions are revivwed on an tXKJoing basis. Rewsions lo luntIng estlmates are recognised in the PaiCJ in which the estimate rewsed where the revision affects ¢J)ty that period, or in Ihé F¢ricKI of the reslon arbj ftrture wiods t*there the revisbn affect5 both current arNJ future pemds. As dthled in note 12, the Yaluation ofthe freetrbjld land I. vrflh the canwng amount of £72.CW. Income from donatlonG and lega¢les Unrestrlcted Unrestrlctsd funds funds 2025
24 Grants 898 14-
BRIDGE SCHOOL MALVERN LTD NOTES TO THE FINANCIAL STATEmErs (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Incomo from charllable actfvltles Unrestrfcted Restrfctsd funds fund8 2025 2025 Total Unrestricted Restrlcted funds funds 2024 2024 Total 2025 2024 Serces provided under ontra¢t 2,429,887 23.278 2.452,5 2.047.842 46.426 2,094,268 Income from Invostsnents Unrgstrktod Unrestslcted funds funds 2026 2024 Interest reVats4e 3,418 517 other Incoma Unr05trtctod Unrestrfctsd funds funds 2026 2024 Bridp The Gap maern Ltd 67,214 63,350 15-
BRIDGE SCHOOL MALVERN LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Charltable actfvitles Charltable Charltable Expondlture Expendlturo 2026 2024 Staff costs Depredation Staff tr81ning Tea¢hing exponses Consumables Rgnt. rates 8nd utilities Buildinsite maintenae and dèVebFrt ExamlnaticM fees Vehides expenseslstaff rn8 Animal car8 C¢Jnputer Costs Audil arKI aceountancy fe85 Legal and professlonal charg8$ Sundry exFEnses Bank charges Insurance PLpII Premium costs 1,934,221 1,675.810 31.313 24,145 12.804 9,949 185,440 129.888 2,829 1,590 79,528 T7,954 61,833 89,853 7.203 5,863 12.996 7,300 6.324 8,294 26.741 21,996 15.686 20,031 19,738 14,889 6.418 7,521 910 1,263 23,688 19,150 41.046 31,481 2.468,518 2,146,977 Analysls by fund Unrestrfcted funds- general Restricted ftEnd8 2.427,472 2,100.195 41,046 46,782 2.468,518 2,146.9TT Audltotrs r9rnunordtlon Foes payable to the charws audltorfor the audtt of tho chartifs annual accounts: 2025 2024 Audil of the charitys annual ac(#Junts 12.600 12,800 Trusteos Non8 of the trustees (cf any persons Ccrflnec ryth them) raVed any remuneralion or beneffts from thts ¢harity duriThJ the year. were re1Mr8ed eynseg. 16-
BRIDGE SCHOOL MALVERN LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 10 Employee5 The avefage monthly number of 8mFAoyees durirvJ the year wa8.. 2026 Number 2024 Number 52 Employmont Costs 2025 2024 ges and salarie8 Social c¢$ts Other pen8iE)n c08ts 1,618,495 174.140 141,586 1,470,644 138,376 66,7 1.934.221 1,675,810 The Mmber of wmployeeg VA)se annual rwnurwati(m was more than £60.000 Is as follows: 2025 Number 2024 Numbor £60,000- £70,000 Rémunèratlon of kèy managemenl personnel The remuneration of key management personnel was as fol7*&. 2025 2024 Aggregate compensation 219,113 179,789 11 Taxatlon The charity Is exp1 from ttion on its actrvitth btrAuse all it5 inc4Ane is aprfied charita8 purpose$. 12 Transf8rs During the finanua year a trarnsfer of£551,080 was madè from the unrestricted fund to the desbJnaknJ This represented the c¥eation of a DeStl Fixed Asset Fund to refiect ts net book vae of the tangible ftxed assets hdd by the tharity arKI a Caplal Pmiects FutTJ to used forfulure e2plta axpendllure. 17-
BRIDGE SCHOOL MALVERN LTD NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST2025 13 Tanglblè flxed assèts Plant and land W equlpmgn¢ bldkllngs Computer8 Total Cost or valuatlon At 1 Seplemkr 2024 Addition$ Dlsposals 72,) 261.205 52.540 (1.4501 205,402 17.171 78,094 7.342 81 S,701 77,053 11,4501 At 31 August 2025 72.(K)O 312295 222.573 85.436 692,304 Dfrprnclatlon At 1 Septemb8r 2024 DeprlatIOn charged in the year 41,599 8.976 109.154 10.015 36,158 12.322 186,911 31,313 At 31 Agl1 2025 50.575 119.169 48,480 218,224 Carylng amount At 31 AwJust 2025 72.( 261.720 103.404 38,956 474,080 At 31 ALVJUSI 2024 72,(fvJO 219.6C 96,248 41,936 429,7 2025 2024 Freehokl larKI 72,000 72,000 FreelTokl land wlh a carryirvJ amount of £72,000 vrds revaluad at Oca0r 2021 by Davld E J Prosser, FRICS, independent valuers not COnnted the tharity on the b8 of market value. The valLJ8trJn conforms lo International Valuafjon standd$ and was bawj on market transaclion5 on arm's length lemis for similar properties. The trustees believe the valuation is slill arKI fwr in cunpnlfinaniial year. 14 Dgbtors 2025 2024 Amunt8 talllng due wlthln one year. TraJe debtors Prepayments and income 8,104 28,405 96.105 28,485 18-
BRIDGE SCHOOL MALVERN LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 15 Credltots.. amounts falllng dua wlthln one yèar 2025 2024 Other tsxatv)n and sodal seLrity Trade Creditors Other creditor8 Accruals and deferred Ino)me 88,431 7.198 81.306 14,856 32,954 9,8B1 8,894 25,651 191.789 77,380 16 Retlrement benofft Schemes 2025 2024 Deflned contrlbutlon 8chemg5 Charge to Fofit or loss In re8Fect of defffted cx)ntsibution sthom8S 141.586 66,790 The chwity operates a defined contribution pension s(eme for al qu8lifyirvJ employees. The assets of tho scheme we held separatdy from tlvjse of Ihe charity in an irKlepwKl8ntty ayministered fvnd. 17 Operatlng lease commltnnts At the repthting end date tha tharity had oulanding cijnmilments ftthre miThmum lease payments under non-cancellable operating leases, Ithich fall due as fdbws.. 2025 2024 thln one ye8r Between two and five years In over five yeors 56,790 194,836 212,749 43,292 33,125 464,375 78,417 Lessee The operating leases repr88enl leases of the Fcr Piint Building, Units 2 and 3 Hanley Workthop and Unm B al Sixways from third parues. The leases are n8Wtiated over ternis of 1-10 year5 wth phased inCe&Se over the lease lem. All leases indlhle a p$[on five-yearfy UPKdrd rent reviews acc(ding to prevalling mark81 CDThlib"ons. 19-
BRIDGE SCHOOL MALVERN LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 18 Relat party transacllons During the year incomè of £82.13 (2024.. £54,172) was recerved from Bridge The Gap Malvem Llmiled in r&lalon lo the use of Bridge Sthool Malvem Ltd's staff arKI services. Bridge The Gap Mafvem Umited is company In %¥hich N1 Horr)y, CEO of BrkJè Schcd man Lld, is a dir and sh8rthlder. Durfng the year purchases of £40.100 P024: £38.980) were made tr( Bridge The Gap Malvem Limit for Use of thelr services. At the year end £NII (2024.. £NiQ is wittmn debtors recavatye wilt¥n one year. During the year purchases of £32012024: £840) were made frcth StAThgrews Church for the hire of meeting rooms. St Andrews Church Is a thanty in whith He18n Attree. fomier Dlrector and Trustee gf Brge School Maern Ltd, is an empbyee. Furthemitye, wrchase of £1.793 were made to Annia Hornby which related to teacher cover costs and other pUrChases.Ana is th8 daughter of Nell Homby. CEO. At th8 year end £NIL (2024.. £3201 b trmed to StAndrews Church, and is induded wlthin +yéditors due withln one yeat. 19 Ca8h generatsd from operatlons 2026 2024 rplus forth8 year 55.97T 11,458 AdjUstmts lor. Investment incom8 recconi8ed in ststenwrt of finanaal ¥Avittes Depraciatl¢Jn of tarKJitle fixed assets {3.418} 31.313 {517} 24,145 Movem8nls in wortiro caixtal.. {Increaselldecrease in d8btors Increase in creditors (67.6201 114.409 59,648 2.786 Cash g8n•rat8d Irom opgratlons 130.661 97,520 20 Anatysls of chang•s In netfund8 The charfty no mat[al debt duriTrJ the y8ar. 21 Restrlcted funds The restricled of the tharity comprise the Lnexwthl baances cl (kjnations and gTanl8 held on trust subject to spIfiC conditions by donors as io how they may ba used. At1 In¢omlng Resources Septembgr resources expended Transfer5 At 31 August 2025 Pupil Premium 23.278 {41,046) 17,768
BRIDGE SCHOOL MALVERN LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 21 Restrlctsd funds {CDntlnued) Prevlous yèar: At1 Incomlng Resources SepteMr resources expended 2023 Transfors At 31 August 2024 Pupil Premium 356 46,426 {46.7821 46,426 46.782 22 Unrestrlcted funds- Dgslgnated These are unre5trfcted fund8 which are material to Ihg Charits a([lIes. At1 Septembèr 2024 Transfers At 31 August 2025 Designated Fixed Asset Fund CaFMtal Projects Fund 474,080 77.000 474,080 77,0 551,080 551,080 A Designated Fixed Asset Fund was (¥eated to refiect Ihe net book value of the gible fixed a83 held by the charity In txder lo make the free res8rv8s wsition more transparenL ACarAlal Projects Fund was to be u1 for firture ca¥t expendituré. 23 Anaty61s of net assets beten funds Unrestiicted Unrestrlcted nds funds deslghated 2025 Total 2026 2026 At 31 August 2025: Tangible ass&ts Curenl assetFJlliabilltie81 474,080 77.000 474,080 365,942 288,942 288,942 551,080 840,022 -21-
BRIDGE SCHOOL MALVERN LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 23 Analysls of net ass8ts betweèn fvnds Icontlnuedl UnrestrEctsd Unrnstrictsd funds funds deslgnated 2024 Total 2024 2024 At 31 August 2024: TaNJible assets Current assel81lliabilltie8) 429.790 354.255 429,790 354,255 784,045 784,045 24 Provlslons avallable forsmall entltles We have taken the exemplon permitted by 'APB EthKal Stsr¥Jard - Provi8ion8 Availablè for Small Entities {Resed>' to mitigate the management threat in rektion to the norajit 8awice of weparkng the stabjlory accounts.