Charlty reglstratlon number 1122536 Company regIStra￿On 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. T￿pOnsI￿lI1es Inde￿nd￿tt wdtlc (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 confirn￿d 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 reSponsi￿e 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 Pr￿tice). Company Law requires the trustees to Ffepare fir￿￿81 st81ements ￿ eath financial y&8rwhich gNe a true And fair view of the stale of affairs of the charty and of the irKoming re9)ur￿8 and appIiG4tiC￿ of resources, induding tho Income and expwidrtum, ofthe ctharflable ¢ompany for Ihat year. In preparong these finantaal statem￿ts. 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 a￿1 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 d￿rIty and henco for taknng reasona￿8 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 Ac￿ntIng 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 pr￿Cb￿., and have prepared in accordan￿ wilh the requr8m8nts of Compani8sAca 20￿. Bas18 for oplnlon We conduLted our audit In aC￿rdan￿ wrth Irrtemational StaTrJards on ALKlthng (UK) (ISAS (UK)) and applicable law. Our respon￿bIll￿eS urbjer those standards are further de￿b￿l in the Auditoff5 reswnsibKities for the audts ol the flnancial statem&nts seclon of our repKJrt. independent of tre charty in aC￿rdanCe the ethical requirements that are retevant to our audit of the ffina￿al st*emen15 in the UK, w￿u￿ng the FRC'S Ethical Standard, and we have fU￿illed 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 o￿nIOn. Concluslons relatlno io golng concem In auditing the ffinancial ststements, have I￿r￿4L￿jed 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¢rf￿Med. we have identified any material unc*rtainttes 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 res￿sIbil￿ of the trustees ￿th res￿1 to wing concem are dgscribod In the relevant sections oft￿5 report. Other Inforn￿lI0n The other information comprises the infcfmaticn Ir￿uded in the annual reF￿ other than the fina￿la1 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 mat￿l01[Y irv))nsstenl wth ￿ finaDck?I statements ￿ our knowledge oblaine(J in the course Dflhe audll, or clho￿ls0 appws to b8 materiJty misststsd. If we identify SL** materHI Inconsistenc￿8 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, ￿L￿red 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, responsi￿li￿as, 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 fra￿1 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. dISd￿ng. as a￿lCa￿￿e, matters related lo gxng ￿nCeM using the goiro con￿rn basis of accounting unless the Iruslees either intend to liquidate the charita￿e 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 aff￿t 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 cO￿uCted 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 fra￿J. is detailed t*low. 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 Comi￿1￿, 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, ana￿t￿81 reviow, the rèlevance and accuracy of ￿gnificant accounbrKJ estimate8. substantNe testing of signfficant transactions, work to identfy L￿USUal or Ljnexpected accounung entries I￿U(￿n9 the testing of loumal entrie8, infomation di¥dosed in the financial statements is traced to SUPFL)rting d0￿mentatIOn. In 811 Instances il is ackn0vAedg￿ thal material mis- slalemenls that arise frC￿ fraud may invdve ddiberate 1X￿￿￿81Men1 or Collusion and are. therefore. by their very nature harder lo detect than those arislng from error. - an understandlng of the leg81 a￿1 regukg10ry framework a5 applKable to charty is obtsined together wlh knowlodge of the pro￿ureS Put in by Ihe charfty in order to cA)mrAy wth the Same. - it is established if ther& have been any instartts of nOW(￿PI￿n￿ Trmth apFAut4e law8 and regulations, wher6 there are such breaches, a fvll underst&￿ing. galheriTrJ of rdevant documentalion a[￿rt￿ning to the event is obtained arKI assessed. 11 should be noted that AudÉling starKJards lim￿ the audit Wr￿ad￿eS reqLired to I￿￿11fy norpc0mplla￿ wlh laws and regUla￿on9 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 ReE￿Ing CourKI's Web￿le al.. https:11 wvJW.f￿.org.uklau￿torsreSp￿lb1lItIfjs. This des01ptic￿ fom18 part of our a￿litorS rer*xt. Us8 of ourrnport This rewrt 18 made sdely to the c*ariVs trustees. as a body. in acoydance Imth part 4 of Ihe Charities (Accounts and R6POrt8) Regulations 2008. 0￿ audlt V￿rk has been UKlertaken so that we might stale to tharivs trust899 those matters we are required to stsle to them in an auditc￿5 report arKI for no other purpose. To the fullest extent pemiitted by law, we do not accept or assume resp￿sIt￿lty to anyone otF*r than the tharity the charity's trustees as a boty, for our aLKlit wort fc* thls rewt, or f￿ the OFinicns we have fc￿med. 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 Ma￿n Worcestershire 114 2JS Kendall Wajley LLP is efigibk? for aprK)intment as of th8 charity ty of its eligiblllty for app￿ntt￿nt as auditor of a company uThJer $￿titsn 1212 oflhe compan￿SAct 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 Charit8￿8 actIv￿eS 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 aCknO￿edge their respon￿bIll11eS for ￿pfy7Thj vAth the requirements of Ihe Ccffiparigs Aca 201 th reSp￿t 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 aC￿rdan￿ 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 ￿￿t*ShL¥5. Han￿Y 9wan. Worcester, ￿￿rces1er$hiTe, VVR8 ODX. 1.1 Accountlng tonventlon The finanoal Statements have toen prepwed in ￿CordanC8 ￿ the charity's goveming thcument, the Companiè8 Act 2006 and 'Aco)untlng and RepOrtll￿ by Charibes.. Statement of Recommendod PractKe applicable to chartties preparing their accounts In accordance with the Financial Reporting Stsndard applicabl8 in th8 UK and RepublK of IrdaThJ IFRS 102) leff•the 1 January 2019)" The Charity is a Publlc Benefft Entity as definèd by FRS 102. Tha finandal statements are prepared in st￿1r￿J. wthi¢h is the fU￿￿onal currw of th8 charfty. Monetsry amounts in these flr7ancAal statements are rounded to the neare* £. The financlal staternenls have been weparèd under the cx)51 Lxmvention, modifi8d to include the revaluation offreehold land to market value. Tr principal accounting pdicies adopted are set out bèlow. 1.2 Golng concorn At the knme of app￿¥1￿9 the finaTh￿al statements, the trustees have a reasonable expertation that the charity has &Jequate resources lo continue in opetab.ond exstence for the ￿Seeable fijlure and that th8re are no malerfal uncertainties about its abilty lo c4Mlnue. Thu$ the trustees continua to adopt the g￿ng concern ba818 ofaccountlng in preparing th6 finanrAal ststements. 1.3 Charltable funds Unrestricted fvnds are aw￿lable for use at the disc¥8tson of the trLtstees In furtherance Df thelr tharitabl8 otyectlves. DeSI￿ated ￿ndS comprise fvnds have been set aside at the discretion of th8 trustees for speclfi¢ purposes. The purposès and LWS of the d￿gnated 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 Perf￿n￿ Cond￿C￿8 have been mel, thè amounts can te measured reliabty, and rt is probabK8 that inc￿e will be receNed. Cash donations are recognised on reeelpt. other donati￿￿ are reLxJgnlsed 0￿8 the charty has been notified of the donation, unless rKrfomiance cond￿'0n5 requir8 deferral of the amount. Income tax recoverable in relation lo donatic￿S rO￿ved urKJer Grft￿d 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 rec￿niSed 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 rdi*Ay. 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 impalm*nt 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 fo1th￿TrJ bases.. Freehold land Loasehdd land and bulldlngs Plant and ew1pm￿t Computers Not deprecIa￿l 10% straight line 5%- 20% reduung bthce 25% r&Jucing ba The gain or loss arislng on the dIs￿SaI 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 a￿￿09s. 1.7 Impalm*nt of ftxed assets At each reporUng end date. the charity rev7ews the carrytng am(yJnts of rts ￿gI￿8 assets to determlne whether there Is any indication that those assets have suffered a) imp8irment loss. If any suth Ind￿atrOn exists, the recOVera￿e 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 i￿aude cash In hand and da￿￿ts hdd at call b￿ks. 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 c￿trar￿ual 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 SimU￿aneouSty. Bask flnanclalassets Basic financial assets, which Ind￿je 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 das￿r￿ &s r￿Nabl&wIthin c￿e 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 finar￿la1 liabilities: I￿UdIng 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. AJll￿nts payat4e are classffied as Ujr￿1 liabiliti8s if payment is within one year or less. If not, they are presented as nowurrent lthil￿e￿. Trade creditors are rewnised inib'ally al transaction prlce and subsequenuy measured at amorti8ed cost U￿ng the effedive interest method. DotBcognltlon of ffnanclal liablllrfles FinancAal liabilities are derecognlsed *then th& charity's contrxlual ot11￿tiOnS exFire or are d18L*arg8d 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 ￿l￿fitS are wnised immediatety as an expense when the charity is deMC￿StratlY cc*nmthd to temiinale the eMp]oym￿t ofan em ￿0Yee or to youide temiination b￿efits. 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 t￿￿5 are rewired to make jtbJg8mènls, estimates and assumptions aboth the ￿rr￿r￿j amount of assets a￿1 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 PaiC*J in which the estimate rewsed where the revision affects ¢J)ty that period, or in Ihé F¢ricKI of the re￿slon 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 STATEmE￿rs (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 Ser￿ces 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 re￿Vats4e 3,418 517 other Incoma Unr05trtctod Unrestrfctsd funds funds 2026 2024 Bridp The Gap ma￿ern 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 Buildin￿site maintena￿e and dèVebF￿r￿t ExamlnaticM fees Vehides expenseslstaff rn￿8 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) ra￿Ved any remuneralion or beneffts from thts ¢harity duriThJ the year. were re1M￿r8ed 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¢$ts Other pen8iE)n c08ts 1,618,495 174.140 141,586 1,470,644 138,376 66,7 1.934.221 1,675,810 The Mmber of wmployeeg VA￿)se annual rwnurwati(m was more than £60.000 Is as follows: 2025 Number 2024 Numbor £60,000- £70,000 Rémunèratlon of kèy managemenl personnel The remuneration of key management personnel was as fol￿7*&. 2025 2024 Aggregate compensation 219,113 179,789 11 Taxatlon The charity Is ex￿p1 from t￿tion on its actrvitth btrAuse all it5 inc4Ane is aprfied charita￿8 purpose$. 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 DeS￿￿t￿l Fixed Asset Fund to refiect ts net book va￿e 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 Depr￿latIOn charged in the year 41,599 8.976 109.154 10.015 36,158 12.322 186,911 31,313 At 31 A￿gl￿1 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 Oca0￿r 2021 by Davld E J Prosser, FRICS, independent valuers not COnn￿ted the tharity on the b￿8 of market value. The valLJ8trJn conforms lo International Valuafjon stand￿d$ 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 seL￿rity 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 F*ofit 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 commltn*nts At the repthting end date tha tharity had oul*anding 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 Fc￿r 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 inC￿e&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 N￿1 Horr*)y, CEO of Brk*Jè Schcd ma￿￿n 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 Br￿ge School Ma￿ern Ltd, is an empbyee. Furthemitye, wrchase of £1.793 were made to Annia Hornby which related to teacher cover costs and other pUrChases.An￿a 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 AdjUstm￿ts 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 sp￿IfiC 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 SepteM￿r 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 Charit￿s 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 u￿1 for firture ca￿¥t￿ expendituré. 23 Anaty61s of net assets bet￿en 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 {Re￿sed>' to mitigate the management threat in rektion to the nor￿a￿jit 8awice of weparkng the stabjlory accounts.