Company Reglstered Numbef: 06546261 Charity Reglstered Number.. 1129683 THE REACH FOUNDATION (A Company Llmlted by Guaranlee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
THE REACH FOUNDATION IA Company Llmlt•d by Gtsarante•l CONTENTS Refer•nc• and Admlnlstratlv• D•talls of thè Charlty. Its TN$t••s and Ad¥l$•Ts Trust•ès' Rèport 2-12 Trustses. Responslbllltl•s Stat•m•nt 13 Ind•p•nd•nt Audltorf$ Report on th• Flnanclal Stat•ments 14-17 Slat•m•nt of Flnanelal Aetlvltl•8 18 8¥l¥n¢• Sh•ot 19 Stat•m•nt of Cash Flows Notes to th• Flnanclal St•t•m•nts
THE REACH FOUNDATION IA Company Llmtted by Guarantee) REFERENCE AND ADMINISTRATfvE DETAILS OF THE CHARrrY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025 Trustees J Baxtef N J•nnings J McGoh T Roberts J Tacon M Trebiko L Gladhill {r8slJn8d 3 O¢tobar 20241 A Mroz N Anum (resigned 10 December 20241 T P8pavranou$51518ppointed 15 Juty 20241 J Acanblado lapprynted 7 Oclober 20241 M Plen lappointed 7 October 20241 E M¢Sorfey18pw"nled 11 Juty 20251 G HarveBreW1n (appointed 11 July 20251 H Rafferty lappointed 23 October 20251 M Englard lapwnlod 11 July 2025 Company r•glst•r•d numb•r 06546261 Charlty r•glst•r•d numb•r 1129683 Rggl¥tgred office Axiom House Fellham TW134AU Ind•pond•nt audltor MHA 6th Floor 2 London w1 pface London EC2Y SAU
THE REACH FOUNDATION IA Company Llmited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The Trustees psent Iheir annual wort tctyJether wilh Ihe audited finanoal statements of the Charity lor the year ended 31 August 2025. The AnnLtal Report serves Ihe purposes ol both a Trustees. report and a DirecioTs' report under company law. The Truslees confim Ihat the Annual Report and financial statements ol the charitable company comply wlh the current $talutw requirements, th& requirements of the ¢haritsble companrfs governing d(XtJmenl and the provi5K)ns of Ihe Slalement of Recomm8nded Pr8Ctice ISORPI applicable lo charities preparing their accounts in accordance wlh the Financial Reporbng Slandard applicable ID Ihe UK and Republic of Ireland IFRS1021 leffectsve 1 January 2015) as amended by Update Bullen$ l and 2. Since the Charity qualthes as small under section 382 01 the Companies Ad 2006, the Stralegtc Report r¢quir8d ol rnedium and large cornpanie5 under Ihe Companies Act 2(#)6 (Strategic Repxjrt and Directors. Rep¢)rtl Regulations 2013 has been omitled. Obl•etlv•s and oetlvltl•$ a. Pollcl•s And obJèctfv•s The Reach Foundation exists to ensure thal every child can enjoy a life of choice 8nd opportunity. It is founded on the belief thal great schools are necessary t¥Jt not sufficlent. For babies. chlldren and young people lo thdve, trY quIre coherenl conslstent. connect8d systams of SUP[ frorn cnd18 to career. The Foundatlon works wllh le0de. communillas and org8nlsations io help bulkj these SleMS of support. Its work centr8s on three Clm11m•nlS.' cultivatiry b)Id. v8lue$41rNen leadership.. conn8ctin9 pets. Ideas and nstilulion$', 8nd ealalysing placo-bas8(I p•rtnerships that slréngth•n the support sunounding ehlldren and famil¥•s. In Feltham. the Foundation works in lonierm parlnership wlh Ihe kxal wmmunity io build 3n integrated cradle- Iovcareer model. The Fellham Convening Partnership brings logether organisalKJll5. Serv$, residents and practs'lioners to improve outcomes for babies. chIldn and sJung people. Alongside its sister organisalion, Reach Schools. this Trprents the Foundation's most d&velop8d local model. demonstrating what becomes posslblè wh8n schcds arè supported by strong sumyuThJlng systoms. Nalonally, the Foundatb)n now ¢uMNate$. conne¢ts aNJ Catal Igadgrshlp a¢rr)s$ England. Thls k)¢ludg$ dellvering five regional 5th001 leadership progr8mmes-in Devon and Comw811, thg West County. Yorkshlra. the East of England and Grealer Manchester-al0ng5e an aspiring trust-leader progr8mme and a wdenir@ Sgt of long-lerm institutional partneh1pS. By September 2025, the FOUndaOn wa5 working with rnore than 70 partners across the country. supportin9 bcat areas to desn. tes( and strengthen cradle.tOllcareer approaches rooted In plae•. Thè Foundatth ¢onlinues to develop 8nd l¢Jl new of support lo bgtt&r $¢No ¢hildr¥n in und&rsgrved Cornmunilies. Languages for programrne to vAden 8¢cesS to language leamirbg through partnershlp$ befvleen schods and universibews flourishing in Hounslow and preparing for nation81 wansion. Th$ Foundalion is also developing a new highefoducation offer io help build a more coherent and connected children's workforce. This work alms to create accessNI e. rio4Jrous pathwa for non¥raduate practilioners, ssjpportlng thoir eareer progrossn and streThJtheniThJ the ldr worklorce Ihat chndren rely on. Page 2
THE REACH FOUNDATION IA Company Llmlt•d by Guarante•) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 202S Obj•¢tiv•s and activ5tles {contlnued} b. 8tr*egio5 for achl•vlng objectives The Chartty 3eek5 lo enact system5 Change through local aclion. We identfy and nurturè comrnurily leaders who create the conditions fo¥ others lo flourtsh. We havè Identified the followng ingrediènt5 to develop cradle to ¢ar8ei models.. Strong leadership Ihal guides vtsion, bulkts trust and foslers collaborallon.. A skilled. molivaled worklorc& is crit1 to delivering hHJh quality support: Access to Iresh ideas and evidènce infonned ernergent praclices., and D#diealèd investmenl to strengthen I1 systems.. Our thèory ol change Iocus8s on cultlV8ting the work10e and 1$8der5hip qUId for cradle to ¢areef models lo thrive.. connecting peopl8 and organisations to kad change loc81ty. regionally and nAtionally, #nd c8talysin9 local ¢radle to career m&dels of supwL Pag8 3
THE REACH FOUNDATION IA Company Llmltgd by Guarnnt••) TRUSTEES, REPORT ICONTINUEOI FOR THE YEAR ENDED 31 AUGUST 2025 Oblectlves and actlvlties Icontinuedl c. Actlvltl•s undertaken to achSevo obj•ctiv•s We successfully delivered on the priorities set for 24-25". We successfully lulfilled our commtssion by Hounslow Local Authoritylo develop and impl8mènl a Parent 8nd Infanl Relationship Semce model across three Family Hub IcKalib'es,' we cwroduced and fa¢llhated rang¥ of different Famlly Hub workforce development actiwties to convene and ioiTrup thg ¢ros$-s¥¢tor services.. arKI host9d hall-tgrmly Par6nt Carer Panals across the three sites. Our EY and SENIP FOurallOn Dggre& ¢¢horts SuCSfullY completed their Level 5 courses in June 2025 and progre55ed onlo the topyear with Kin9StLY) Unwetsity or professional pathways within their inslilutFons' our Cohort of Level 1 Childcartr students a150 successfully achieved their diploma certificates: our sludenls, former graduates and tutors all conln'buled lo th¥ ¢fydes9n and development ol the Foundation's new Higher Education Institute offef. Languagos for All ILFAI established a Hounslow Hub after successful rollvout ol thg first pilot year and appointad a Hub Man8r. hosted by Raach Schools. to offiwlly stsrt in September 2025.. LFA also ¢onvgn8d $t8kohold8rs In th8 Soulh W1 to esta•sh a 2nd Hub In Exeter. whlth will18un¢h 2>26. In order to d¢¢pon our Impact In F¥Mham'. Dlfferenl members ol the le•m undertook prof•s$King1 l¢ad8tsh development opportunlties includlng.. The Emergln9 L&ad&rshlJ Programme completed 24.25 A Mlllion Realitses Fellowship to be completed 24-26 A Churchill Fellowship to be compleied 2>26 NCFE L3 CertT'ficate in Assessg Vocatyonal A¢hiev¢mont ¢ompl¥t8d 24-25 We also repmsenled the Fcwjndalion and pafbopated in the lollowirg activi. In ordgr to laam and shar• leamings Irom our work In Feltham and inlluence the sy6tern mty¢ wddy.. National EY Community of Practice latyll1at by Place Matte Hounslow's Earfy Help P¥rtnershlp Board Fair Edution Allian¢e workslTeams Cpn Eady Yeats and systeff Change DCMS Youth Sector Interactton cross.secior thisory grJp Global Teach for AM Convening Inquiry d. Grant4naklng pollclfrs During the star, the Injstees apwoved a r Grant Makiny FWW h) preparation for allocating a new grant funding stream. The policy en$US thal the tharitys fvnding dgrA5ion$ ar8 transparent. consistenL and ali9ned with our charitable oecbves. è. Voluntèérs Th& Reach Foundation Is ojffenty wothng with anynIe$. P&Je 4
TrIE REACH FOUNDATION IA Company Limited by Guarante•l TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 ObJe¢tlv•s and aetlvltlès (eontinuedl f. Maln a¢tlvltl•s undertakgn to furth•rth• Charl$ purposes for th• publSc ben•fft Over the course ol this sexr. the FOuTrjat has.. Inlegrated our pèrinatal offer into I Lctal AulhoriW6 Famity Hvbs'start for Lll8' $¥rVe. a5 the Parent and Infant R81ationship Service Expandèd our Foundation Degree offer for local practit¢oners to indtsdè a Sp9dal Educational Needs In Practice course (Kingston Universityl- stsffing and fecnJitm6nl complotè lor a September 2024 slari Corblinued to convene over 100 tr055-sector stakeholders on th• F•ltham Convening Partnershlp's priority areas and train n9 l¢aders Embedded a structured programme ofsupm SL5 and Tfu$ts interested in developin9 thelf own Cradle to Career model Delivered two su¢¢e551ul cohorls of SWIOO arKI added new programmes in Yorkshir¢ and the Wtr$l Country. Page 5
THE REACH FOUNDATION {A Company LSmlted by Guaronteel TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Achlevements and porfoYmanc• a. Key p•rform#neè Indiutor• Dlr•ct D•llv•ry In Fèltham Our Pèrlnatal Lead established the firsl gvr parenl infan¢ multdISap1lnary taam in West London. offeAng univgrsal, targeted and spèdalist Support. 68tsveen Jan 2023 and end ol Augus12025. 681 parent-baby dyads accessed this support. 20 local pr8ctstponers completed qualrftcations through our wothforc• dwlopmenl off8r. EY and SENIP lound8lKsn degrees, and L•vd 1 childre diplomas. Studenls from the five Ictal secon¢Jary scfvjols {indudlng speaalist provision) participated in the Fellham Convening Partnershlp's IFCPI ye8r4ong Leadership and Rèsear¢h pro9ramme, as well as the 3rd Iteration of an Bpprenticeship training programme with Hawk Training, and alvmni actiwties,. ilwas also th& firgl year FCP eslablished a cohort of Mini-Lead¢rs for primaaged pupds. Our Social Prescribing Link Worker lor Chlldr&n & Y¢wng People completed h&r 2nd ar on secondmenl vAlh th¥ Fellham, Bedlont & Hanworth NHS Primary ca Nebvoth, working directly with young pPIe ref8rred by GPS and schools, who w•r• al risk of becomlng NEET, School4uSers and thtsse èxperignclng poor mental haalth. Collgctlv• Impact In Fèltham In addiQ'on Io 'cofO' Follham Convening Parlnership actiwlies (Advisory Group, Working Groups, Srnartphone and Youth Provision campaigns). this year addlts"¢xI CA)fieth"v& impact opportunitie5 emerged- Abund8n¢e Project Wè 8rè Qne ol five Community Research Hubs for the Abundance Proj'ect, a fundod ras8r¢h proje¢t12024-20271 focusing on healih in¢qtJalitie5 in comrnvnities. Members of our team are working ¥longside local young peopl• ant1 pa15. as part of a multi4iscAplinary resoarch tèam. Fèltham Volcas FollowSng a seftas ol ¢ommunity consultations. a listening campoi9n and a petitson lo explore a Feltham Town Cjnd1. as well #s mulllple meetings swlh Ihe CounLII CEO. senior officeTS and local Coundllofs. our leam ar9 now working wth a core group to tslabllsh a wmmunity interest company ICICI called Feltham Voices. The group aladY has a dèar community mandale. and priorities. and ho$ bdents'fied initial actions., once the CIC 15 registered in 2025. a Boartj will b& apptsinted. School and Trust L•èd•rshSp Developm•nt Programm•s RecognlsiNJ Iha ¢rucial role played by school and TnJst leadw3 in enabling all children to enjoy Iiv8s of choice and OpportnIty. we placed significant enorgy in 202415 lowards growThJ our leadership dolOpM$t offer. Having worked with a group ol partner schod Twsts lo develop and trial the'SW100' {a lèadèrship development rnodel grounded In strong commitment to children experienang disadvantsgo., Strong gIonal and local contextual understandlng.. and buikliry relationships betsveen cohort members) we ao now set-up for nalonal grobrth havtng launched the YorkslOO' and West1(N)' and East1LXI prog18rnrne5, whilst also defivery a bespok& prograrnme lor Pernbrokeshire Country Council called the Pembs50. Two new cohorts completed the Leading fru5ts programme this year- a second in the South Wesl. and our first nats'onal cohort. The new cohorts ca)ntinued to be localty rcoted and natIrallY connected and a subset ol all thfee attended è leaming trip to New York as part of this experience. The strg neiworks and relationships between partiCiP8nts and across the cohorts. genèrated siJ¢ntficant tnlerest in oui third national cohort recruited to bagln in September 2025. We we wovd that Iwo of our alumnr have accepted their firsl CEO positK)ns.
THE REACH FOUNDATION IA Company Llmlted by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Achlevements and perfom)anc• leontlnued) Cradl• to Carnar Partngrshlp Supported 50 groups of schools and MLtIts".Academy Trusts through a programmè ol support lo devèlop cradle lo career models of support for ba"0$. childrèn and youn9 peopl8. grounded in great s¢hotsl$. Recruited an addil'onal 30 groups of schools and Twusts toioin Ihe Cradle lo Career Partnership from September 2025. Created, fundraised for and laun¢hod thg crad lo Career Acceleratorf programme ol 8¢Jpport and funding lor highest wtanlial Cradle to Career Partners. Developed a nèw conb"nuous sypporl offer for Cradle lo Career Partners called 'Connect'. To ¢aunch In Septemb8r 2025. b. R•vl•w of •etlvEtI•$ R•ach Foundatlon F•ltham workstr••m hlghllghts The Languagas lor All pllot In Hgunslow doubled thg number ol Year 12 A4evel language Students from 35 In 2022 to 81 in 2024.. th• prografflme wll also have tripled the number ol stale schools a? to offer A-levol langU89$ from 4 schods in 2022 to 12 in 2025. KlrrfJston Vnivtrrsity announced in 2023 that it would be dosing its Earfy Years and SENIP foundatkjn degree courses. which meanl Ihat we had no Level 4 students this year. Instead. wè concèntralod on providing 8 high quality experience lor our Level S cohorts and ensuring they compl&tsd trolr wurses well-supported. with clear'nexl steps, aThJ palhways lor progrèssion. The FCP Primary Mental Health Cluster drèw to a ¢loso In its current fom. In order ¢0 transilbn and evolve into th8 Cornmunity Action Partn8rship Panèl, ¢fyhosled Reach Schoo15 frorn Septernber 2025,. 20 siudents frnm t 10¢8184¢0ndary s¢l)Trals eompleled Ihe FCP Summer Leadershlp & Res8arch Piogramme, rtiCIpating in tr8intng by Represenfalion Matters and Loudspeaker. We appointed 8 new Evaluation Parlner for FCP for the final stage of the trlIatiVe. Llmlna Consultlng. $peciali5ing in sy31ems change,. and We choSted our 4th annual FCP celebratlon evenl at Logic Studw) School, wth Hounslow's Promiso- Seema Malhotra MP'S borough-Trride iniliatrv¢ to improve outcomes for CYP- and launched the Hounslow's Promisè AJliane•; ov&r 1Tr) p•rln?rs from acYos5 the community came together lo reconneci and r8fl8ct on the year's progre55. School and Trust l•ad•rshlp d•v•lopm•nt programm•s Recognising the cruclal rol& pla by sth(x)l and Trusl leaders in onabling 811 children lo enjoy lives of choice and opportunity. wg place(J signifwl energy in 2023r24 towafds grow¢ng our leadership dèvtrlopment offer. H8wng worked wth a gmup of partner school Trusts to develop and trial the'SW1CKJ' la leadership development model grounded in sirong commttment lo childien expertenang dsadvantsge", strong regional and local conltrxtual UndelarlIng. building r8lab"onships beiween cohort members) we are now set-up for national growth hawng launcheil the York5100' and Wes1100' and East 100 pvogramme5, whi15t a150 delivery a bespoke prograrnrne for Pembroke5hire Counlry Council called Ihe Pembs50. We h8ve also been 8ble to buikl on leaming from the'SW100' to bjli d LeadingTwsts- a programrne for aspiring school Trust CEOS. Like'SW100". ihe Miaugural programme cohort lèunched sn the South West of England. Two new cohorts completed the progrdmme this year- a second in the &ulh We5L and our first national cohort. The nèw cohorts continued to be localty r(M)ted arKI nationally nnected and Page 7
THE REACH FOUNDATION (A Company LlmltÈd by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Achi•vem•nts and porf•rmancè Icontinugdl subset ofall three attènded a 1è4ming trip lo New Yi)rk as part ofthis experi•nce. Thtr stroNJ n¥twork$ and relationships between parbcipants and across the cohorts, 9ènorated signifi¢anl interest in our third national cohort recruited to begin in Septembor 2025. W$ artr prJd that Iwo ol our alumni have 8ecèptod their first CEO positions. Cr*dl• to Camr Partn•rshlp Over the course 012024125. w& supported a to¢810150 Cradle to Career Partn to mak• s&)slanti41 progress in the developmènt of their Cradle lo Career models ol support. The partners Wofked to Increase the edueational eoherence. rd&InshipS coherence and local system Coherenc• of their offer to children In their commLtnities. This has led lo partne seeing stgnlficant improvement In multiple are89 01 school lif8. Irijm numbers ol children a¢xessiThJ high quality nursery educ8lltsn to improved attendance. to in¢r¢85ed vaccination rates. We also delivered an updated modd lor th¢ first time ¢naWe 9ater progre89 and flexibility for partners. We then recnjited an additional 30 sch¢x)l$ or groups of schw15 to join the Cfadle to Career in September 2025. creallng an ovèrall partnerSP ol around 70 partners across the counlry, from mdleSb10Ugh In th& Norlh Wg$t lo Nowquay In the Sryjth West. Page 8
THE R&4CH FOUNDATION IA Company Llmlted by Guarante•l TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Achievements and p•rforman (continued) . Fundraising actlYltl•s and In¢om• g•neration We have not undertaken any direcl fvndraising from the genaral publi< Our fijnding primarily derived from InMme earned from deliv8rin9 our programmes, grants from Twsts and Foundations and indlvidual donors. Flnan¢lo1 ¥1•W . Golng eonc•m After making approprfote ènquirlgs. the Tnjslees have a reAsonable expectation Ihat the Charity has adequ81¢ resources lo continue in opera¢¥) existencè for the lor¢5ee8ble fvtU. For this reason, th¢y wnts'nue lo adopt Ihe golng conc•m basis in pparing the finanual Stslements. Further details 1•9arding the adoption of the wng COrM basi$ ¢an be found in the accounting policigs. b. R•s•rv•s polley The frustees conslder the lev¢1 of r¢serves on a regular basis and aro satisf+ed these are suffiuent as at 31 Au9USt 2025. The lev81 of r6s•Nè$ $h(wm al year end Mthin th•s• finanrA8151a¢ements refiects Ihe approach to in¢ome recognition and accruals •ccounting that is followed by charitable entilie5. It iThcludes funds that hav been received durin9 th• 2024125 financtal year. to b& pui lowards expendtlure on planned core activthes within the upcomlng finaneioj period, and therelore £l.SJ)Om of Ihe lolal reserves is desNJnatad to be swnl in 2025126. . Prln¢Spal rlsks and une•rt•lntle$ Thè Truslees have ass8ssed thè major risks to which the charity is exposad, Fn parliGul8r, those relaled to tho operations and finances ol th8 charity, and ale 5atisfi8d thal systems 8nd ProureS are in place to mlllgal& our exposure to the malor sk$. Structur•, 9ov•rnanc• and manag•ment a. Constitution The Reach Fwndalion 15 registe as a eh8ritsble company limited by guarant8• and was sel vp by a Trust deèd. b. Methods of #ppolntment or electSon ot Tnt$te¢$ The management ol lh& Charity 15 Ihe responsftyility of Ihe Trustees wtho are electod and wpled under thè tem)s ol thè Twst deed.
THE REACH FOUNDATION IA Company Llmlted by Guarante•l TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Stru¢ture govern4n¢e and manag•m•nt Icontlnued) e. Orgonlsational structur• and d•¢lslon4naklng poli¢ie8 The Trusleas met a5 a Board 6 limes durfng Ihè year. Changes in the Board are set OLrt on page 1. During the year, the Board also established a ol Committees to provide more delailed chanenge and support on kay areas of the charivs wogrammatk dalivgry. Ed Vainker is Ihe Chief Ex8euUvo Officer ICEO). The Tnjstees have d¢l¥gated the day to day management of th R&a¢h Foundatkx to Ed Vainkèr and his leadershlp ttram. Thè CEO attends the Board meetings. Trustee$ 9fve of thdr b'me freely and no Trustee remuneration was paid during ¢he year. d. Pollel•s adoptd for lh• Inductlon and tralnlng of TFu•t•è New Trustees meet with lh& Chief Executive Officer and the Chair ol thè FoundalK)n to dis¢u$$ their role 8nd respOnslI11t1s. As part of th¥ir ontrKarding process the Trustees r8celvg 0 govaman¢a handt>ook and indvction pack from the Clfjrk. Thls gives an opportunty to answer any questions and darify the content of any written docum8ntation ¢lrculaled to the new Ifustee. The Chief ExacutNe &n$uros tru$tges are kept up to dale with any devèlopments in law chan9e5 in conjunclion wilh th• clerk and Ihls Is •¢hvgd through briefing5 al the Board m¢gtln95 and rUjIaled wrillen inforn)aln. •. Pay polley for k•y manJg¢m•nt Pernn•1 The TnJstees consider thè CEO and Ihe ExerJJlwe Directors io rnpresent thg Executlv• t8am of The Roach Foundatlon. Chang¢s to tho salary of Senior members of staff takfr pla¢¢ aftèr Iheir annual Perforrnance rnanagement revi¥ws. 11 Is determined by the Chair of Trust¢es In ydInatIon with a committee of other Truslees. Pay rise5 for ¥ll $laff consldered by Tnjstees f. ftelat party relatSon8hlps Th8 Foundatic has a Service Level agreement wih Reach Sc*Kd$ in to 8¢cess hum8n r&wurce5 and sèNi¢e$. Page 10
THE REACH FOUNDATION IA Cornpany Llmited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Plans lor future p•rlods Our priorities in Femham lor 2025r26 arfr to= Continue to èmbed the drflèrent Workstreams into the local iftfrastrxlurè, Indijding wa ofwthing, relalionshlps ond interv8ntions. in order to ensure sustainability. Continue to eonnèct and work Vth the F0LMthtsc'S wthr Cradlè tts Career network. in wder to leam and $hara learnlng., Support the recruitsnenl of 8 FelthaftFbased of prac1itkjnetsIvd8nts once the Higher Education Inslilute is launthed in 2025- Evaluate the impact of the F1haM COnnIN Partnership with LIna Consulting. School and Trust L•ad•rshlp Programm•¥ During 2025120 w& will.. Run th& follo%wng sthool leadoTrhip programmes.. Cohort S of'SW10tr: cohort 3 of Wesl100'; cohort 3 Of. Yorks100' and cohort 2 of'East100 cohort 1 of GM100 Launch Ihe second cohort ol the'P&mbs50'. in partnetshlp wilh Pembr0keSre County CourKil, to bulld their plpeline of future headteachers.. Support alumni ol our piogramm•s Into h&adshlp.' Develop partnerships Mlh school Trusts and local authorities in the West Mldlands to datomiing thg ppetite and deman¢J lor a pro9ramm$ tQ SllPPOrt asring school leaders in the arèa Run cohort 3 01 th6 L•adingTrusts prtrjramme for aspiring Trust CEOS, cL)mprisin9 0 slngl• nalional cohort. Cradl• to Car••r P•rtner•hlps rrtn9 2025126 we wll: Work wth a total of 70 partn8r Sch15 and TrLL8ts,' Continu8 to develop our undorstanding ol hrm schr5 and school Trusts can play an effectlvè rolo ?8 anchor lnstltuts.ons In their cixnmunilies and wKrease the edUCalTraI. relatlonshlps and local sysl¥m coherenc8 of their offer to children. Roll out a nèw. on90ing offer ol5up for an Crathe to Car Partnèrs lled Conn¥¢t. Prowde intensive support and lunding for oui Cradle tts Career Accelerator Partners. Continue lo share with the secior loaminy fri)m the Cradle lo Career Partnership aboul the rde of schools and Trusts in provhding long-tem. rel8b.onal sUPPOrt for children and families. M•mb¢rs' IlabllSty Th& Mombers of the Charity guaiantee to contribtrt8 an amount not ox¢eedlng £1 to the assets of the Charlty In the event ofwnding up. Page11
THE REACH FOUNDATION IA Company Llmlted by Guarantee) TRUSTEES. REPORT ICONfiNUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Olsclosure ot Informatlon to audltor Ealth of the persons who are Trustees al thè li %then t$ Tru5tees' Report is approvèd h85 confirned th81'. so far as that Trustee is aware, there Is no relevant audil infomiath)n of whlch ths ¢h8Tity3 8udl¢or Is unawa. and that Tfuslee has taken all the steps that ought to have been taken as 8 Tru51ee in order lo be aware ol 8ny relevant audit inforniauon and to estsNish that the charitys audltor Is avrdre of Ihal inforrnatson. Approved by ordor of th$ rnembew5 of the board of Tfusleg5 arvj signed on theif behalf by. J McGoh Trustee Date.. Page 12
THE REACH FOUNOATION IA Company Llmrted by Guarantèè) STATEMENTOF TRUSTEES. RESPONSIBILMES FOR THE YEAR ENDED 31 AUGUST 2025 The Trustees (who are s0 th8 directots of Ihe Charrty for Ihg purposes ol company lawl are responsible for preparing the Trustees. Report and the financial statgrnents in accordance wth applicable law and United Kingdom Accwnting Standards IUnrte(l Kingdom Gènerally Accepted Accounting Practice). Company Iw requires the Trustees to prèparè finanual ststernents for eath finanryal . Under company law, tha Tru5te85 rnust not approve the finanual statèménts unle55 they are satisfied that they give a true and lair view of the state of affairs of the Charity and ol its incoming resource5 and applution of resourcas, including its Incomg and expenditure, for that perlo(l. In preparing these financial statements, the Trustees ara rgqulrad lo.. select suitable accounting policy¢$ and then ¥pply them conslslenuy. ob5¢rvts the methods and prinaples of lh& Charth"¥s SORP IFRS 1021., makè judgoments and accounttng eslimaies Ihat arè rèasonabltr and pwdont: stale whether applic8ble UK Accounbng Slandards IFRS 1021 hAvts been lolbwed. Subject to any rn8lerfal departures disclosed and &xplain¢d in the finanryal slalements.. prepar8 the finandal ststèmants on the going ¢oncem basis unless It Ls InapprOat• to presumè that lh& Charty vlll continue in bun&s9. Th& Twslees are responsible for k8•plng aWuatè a¢o)unting Teg)rd8 Ihat are suffKlenl io Show aTrd 8xplaiTr the Charitys transactions and disck)s8 wilh reasonablè a¢¢Ltracy at any time Ihe financial posltion of the Charity and enable them to ensure that tha finanoal stat&m•nts Comply with the Companies Act 2006. They are also rèsponslble for safeguarding lh& assets of lh* Charlty #nd herKe for tang reasonatla staps for th8 pravenlon and detection of fraud and othèr IrregulanD"es. Approved by order of the membern of the boanl ofTrU$1 Sig its behair ty. J McGoh Trustee Dat8.' Page 13
THE REACH FOUNDATION {A Company Llmltèd by GuaTant•el INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE REACH FOUNDATION Oplnlon We have audite¢J the Ilnandal statèments of The Reach Foundauon Ilhe'charftyl for the year ended 31 Au9usI 2025 whlch comprise the Statemen¢ of Financial Activities, the Balance Sheet. the Statement of Cash Flows and the ielated nol&s. including a summary of significant acctsunting Oiues. The financial reporting framework that has bèen applied in Iheir preparalton is applicablè law and United Trfjngdom Accounting Stsndards, including Financial Reportsng Stsndard 102 The Financial Rerx)rting Stsndard applKable in the UK and Reptsbb'c ol Ireland, (United Kingdom Generally Accepled A¢¢ounting Practice). In our opinion thè ffin8nrAal 5tatements.' glve a trug and faSr wiew ol the stale of Ihe ChariV$ affairs as a131 August 2025 and of its incomlng resources and applirAlion ol r930urces. induding its income •xpandrture lor the #r then ended- have been prowdy prere0 in accord8ne8 with United KinLJom Ggnerally Attepled Accwnling Praclice,. and h•vo been prepared In accordance vthh th8 wulr¢ments of the Charilles Act 2011. Bas1$ for oplnlon We conducted our audit in 3ranCe th Inlemational Slandards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are luriher described in th& Audilorfs responsibililses for the audll ol Ihe flnancial stai¢m¥nls section ol our report. We are indèpendènt of th& ¢h8ritsble cornpany in accordance wlth th& ethlcal fyquirement5 Ihat are levant lo our audit ol thè finantsal ststemenls in the United Kingdom, in¢luding the Financial Reporting Council's Ethical Stsndard, and we have frjlfilled our other ethical responslb41ities in accordanc6 with these iequlrèm&nts. We believe Ihat Ihe audit e¥enCe we havè obtainad 3ufficienl and appropdale to provide a basis for our opinion. Conelu$lon$ rolallng to golng conc•m In audltlng the financial stalemtsn15. we have conduded that tha TfUSte8s' uso of th• going reM ba$1$ of accounting In the preparation of the finanual statements is appropriat•. Based on Ihè work wè have perfry[l. have rKJl identified any matwial uncertainties lating to events or condition5 Ihal, individually or collectively, may cast sKJnrfieanl doubl on the Charills ability to continue as gtyn9 nCern lor a period ol at18ast twèlvè month$ frtyn wn the financ¥81 siatements are aulhof1s for Issue. Our rasponsibdilies and the resportsibilities of the Twstees ryth rospt¢t to going ¢on¢em afe described in the rélovant sections of this reporL P8ge 14
THE REACH FOUNDATION
IA Company Limited by Guarante•)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE REACH FOUNDATION ICONTINUEDI
other Infomiatlon
The other InforTnation comprises the Infom)afjon Indude
THE REACH FOUNDATION
IA Company Llmlted by Guaranteè)
INDEPENDENT AUDITOWS REPORT TO THE MEMBERS OF THE REACH FOUNDATION ICONTINUEDI
Audltor r•sponslblllUo5 for the audit of the financ5al statements
We have been appointed as auditor undgr Section 144 of the Charities Act 2011 and report h) accordance with
tho Act and relèvant regulation5 made or hawng effect thereundef.
Our objectives are to obtsin asOnab 85suran atrM)ut wheiher Ihe financial staternenls as a whole are fre
from material misstatem¢nl. whgth¢r due to fraud or error. and to issue an Auditor's Report Ihal includes our
opinion. Reasonablè assurance is 8 high revel of assurance. b¢Jl is not a guarantee that an audit conducted in
accordance with ISAS IUKI wll alway3 delecl a matwial misslalement when it exists. Misstatamenls Can aris•
from Iraud or error and are cOndered material rf. 1ndMduIY or in the aggrègatè, Ihay could iaa$onably b$
èxpécted to Influence Ihe economic decisions of users laken on basis ol thas8 financlal 5tatemonls.
Irr8gularftl•s. kndudlng fraud. are Inslan¢es ol nOn¥comlance wilh laws and regLtlatknns. We d8slgn procedur8s
In line with our responsibilities. outsined above. to detecl material missiatem$nls Sn Spect of irTg9ularitt8$.
includin9 Iraud. The exlenl lo which our PCed$ ¢apaNè ol d¢l¢¢ting ifTe9ul8ritie8, induding Iraud 1$
d?lailed below..
4 Obtalning an Understanding of tha legal and regulatory framoworks that the ¢ntity operates in, I91n9 on
those laws and regulations that had a dirncl on the financi?1 ststemenls..
. Enquiry ol rnanagement io entify any irTrstan¢es gf known or 5uspecied instances of froud.,
Enquiry ol management and those chargèd wlh governance eround ac¢ual and potential litigation and claims.,
. Enquiry ol management abtyjt any instsn¢es ol non-mplir wilh laws and regulations,.
. Performlng audit work ov8r th8 risk of management ovemde of controls. induding the testing olJoumal enlri8S
and other odju$lments for approprialenes$. trvaluating the business rationale of slgnlficant trarbsacJons
outsldo the normal ¢ourse of business and rewewlng acLounUThJ astimatas for blas,.
. Reviewing rninutes of meebngs ofthose charged with govemanc8: and
. Reviewing financial slalement disclosurns and testlng to supporting do¢um¢ntation lo 0$so$8 ¢ornpllan¢e
with applicable laws and regulations.
8•¢8us¢ of the inherent liMMati¢S of an audli there Is a dsk Ihat we wll Mt deteet 811 irwularit$, In¢lvdSng
those leading ¢0 a matersal misslalement in Ihe finanoal statements or non-¢ompli4neé wth regu18tron. Thls risk
increases the more that compliance with a law or reguLation is remv¢d Irom the evonts and tr8ns8cts.ons
reflected in the finanaal slalements. as we wll be fess h'kaly lo be¢ome aware of in3tsnces ol non
THE REACH FOUNDATION {A Company Llmited by Guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE REACH FOUNDATION ICONTINUEDI Use of Our report Th15 report is made solety lo th& Charity$ TnJstee5. as a body, in accordan with Part 4 of the Charities (Accounts and Reports) Regulation$ 2008. Chjr audit work hos been undertaktrn so that we might state to tho Charitys Tfuslee5 those matters we are requi to state to them in an Atsditorf5 Report and for no othor purpose. To the ftjllesl extent pèrmFtted by law, we do not accept or assume responsibility to anyone other than the Charity 8nd its Membets, as a l)ody. for our audrt wth. lor Ihis ieport. or for the opinions we have forrned. Rakesh Shaunak FCA Statutory Audjtor London. unIt Kingdom Oal•.' ¥4 MHA ar¢ ¢lvJible to oct as auditors In iefms of S•dh 1212 of Ihe Compank$ Ad 2006. Page 17
THE REACH FOUNDATION IA Company Llmlted by Guarantee) STATEMENT OF FINANCLIL ACTNITIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENOED 31 AUGUST 2025 Unrestrletod funds 2025 Restricted fund$ 2025 Total fund 2025 rolal fufids 2024 Not• Income Irom,. Donats'ons and lega¢ie3 Charftable act11&•$ 8.196 3.165.183 8,876 4.229.543 1.174 2, 736,502 1.064,360 Total Incom 3.173.379 1.065.042 4,238,421 2.737,676 Expenditure on: Charftabl• acb'vlties 2.583,632 519,895 3.083.$27 2,574,891 Total •xpondltur• 2.%3.632 519.895 3,083,527 2,574,891 N•t mov•m•nt In lund¥ 609,747 S45,147 1.154.894 162,785 R•conelllaUon of lunds: Total funds brought foThvard Nel movement In fund$ 1,558,766 609,747 193,910 54S,147 1.752,676 1,154.894 1,589,891 162,785 Total lund¥ carrled forward 2.168,S13 739.057 2,907,S70 1.752.676 The Statèment of Financial Ac¥vlll IrL$ #ll gains and los reco9nis¢d in Ihe ypar. All Incc*The and expenditure darivès Irom conlinuing operafwjns. The notes on pagas 21 to 33 form part of ihese finandal statsments. Page 18
THE REACH FOUNDATION IA Company Llmlted by Guarante•l REGISTERED NUMBER: 06546261 BALANCE SHEET AS AT 31 AUGUST 2025 2025 2024 Current ass•t$ Debtors Cash at b8fik and in hand 11 188.880 3,047,849 240,720 1,664,2Q7 3.236.729 1.904.927 Current IlabllhS•8 Creditors.. amounts fallSrvJ dtJ8 withln r ar 12 1329,159> (152,251) N•t eurr•nt •ss•ts 2.907,570 1,752,676 Total n•t 8SStrts 2.907,570 1, 752,676 Charfty fund¥ Restricl•d funds UnreslrScted lunds 13 13 739,057 2.168.513 193.910 1,558, 166 Total funds 1907,570 1,752,676 Th& entity was entitled to 8x$mplion from audit under sectKJn 477 of th• Compan5 Act 2006. The members havè not rtrquired Ihe entity to obtain an audil for the ypar in question aC£OanCe with section 476 of the Companies Act 2ryJ6. However, an audit is required Sn accordar wilh section 144 of the Chartbes Act 2011. The Tnjstees ad(nO¥ed9• thelr sponsIbIl¢tIeS for Compl* ¥th th¥ requirements of the Act raspg¢t to accounting records arxf preparation of fIrCIal statements. The flnancial statements have been prepared in xc£Kdance vth the provlslons appfic8bl¥ to enlitre5 subfrect to the small cornpanies regime. Th¥ financial statements were approv and aUthl5ed for issue by Ihg TNstees and signed on their behaff by. J McGoh Trustee Date." The notes on pages 21 to 33 forni part of t10 finanrial statemenls. Page 19
THE REACH FOUNOATION IA Company Llmlted by Guarantt•) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 202S 2Q24 Not• Cash flows from op•rating a¢ttvitl•s Nel cash used in operatsn9 activitses 15 1.383,642 171,698 Changg In cash and cash •qulv•l•nts In the y•4r Cash and cash equlval¢nts al the beginning of the year 1.383.642 171.698 1.664.207 1.492,509 Ca¥h and cash •qulval•nts •t th? end of th? year 16 3,047,849 1,664,207 The notes on pag•$ 21 to 33 lonn part of Ihesa financial ststemenls Pagè 20
THE REACH FOUNDATION (A Company LSmlt¥d by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 General Infomiatl<)h The Reach FoundaiK>n is a chariiable company limited by guarant88 re9lsterei1 with th Charity Commissron (Charity Registered Numb&r. 11296831 and th8 Registrar of Companies (Gompany Reoistgrod Number.. 065462611 in England an(1 Wales. Tht address of the i•gister¢d olfice is given Wi the Charity infmtion on page 1 of these financial slalements. The nature of the Charty$ operatS and winapal aclivillos are detailed within the Trust8ès R$port. The slgnifunt a¢¢ounting policies applied In thè preparatK>n of thes• finandal ststam&nts ar0 Set ¢yJt below. Thèga polkIè5 hav8 been conslstenuy apFli&d tts all ypars present8d unless othorwlse Slated. Accountlng poll¢le• 2.1 8a$l$ ol preparatlon of flnanclal $tal•rnent• The financial sla¢em&nts havg 1)etrn prepared in accordanco With th& Charities SORP IFRS 1021- A¢counling and Reporting by Ch8ri1ie5.' Statement ol Recommendtrd Practice applicable to charities preparing Ihelr accounts in auordance with the Financial Rèwrting Slandard applicable in the UK and Republic ol Ireland IFRS 102). the Financtal Repon9 Standard appltcable In the UK and Republic ol Ireland IFRS 1021 and Ihe Companl6s Acl 2006. financial slaiements Ive been prwnlad in pourKl$ sterfing. whlch t$ 8l$o tho funcuonal ¢urr•n¢y of Ihtr Charity and are rounded to thg nearest p)und. 2.2 Golng ¢on¢gm The Trustees ass•$s ¥th&tr the usè of gng concem Is appWia 1.0. vthelher there are any material uncertainli¢$ rglatgd lo events or C(dItionS that may ¢8st significant doubt on the abllity of the Charity to Continue as a going concern. Thè Trusl•è$ make this assessment in raspecl of perKJd of at Igast ong yEar Irom the dale of authorisalion for issue ol the financial statements and have concluded that Ihe Academy Trust has adèquate resources to conlinue in operational existence Iw ¢he foreseeabje future and th¢re are no material Jncertaintiès about the Charitys a'lIty lo onlinue as a going concern, thus Ihey coniinue io adopl thè 9¢*ThJ ¢Orrn basis ol acc4yJntiThJ in preparing the financial statements. Page 21
THE REACH FOUNDATION IA Company Llmlted by Guarantetl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 ountlng pollelos (continued) 2.3 Incom? l incomtr is recognised onc• the Charity has enl¢demenl to the income, it is probable that the income 11 be received and the amount of incybme ieceivable be measured rel&bly. Grants are induded in thè Statement of Financial Aclyvlties on a receivable basi5. The balance of Income received lor specrfic purposes but not eynded during the period is shown in the relevant fund5 on the Balance Sheel. Where income is received in advance of entitlgmenl ol receipt, its r¥Co9nity. is doferyed and induded in u•ditors as defery8d incomè. Where entitMent occurs fore IrKome Is re¢elved. the Incom8 Is acuy*l. Page 22
THE REACH FOUNDATION (A Company Llmttèd by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Aeeountlng po15¢Fes {contlnu•d) 2.4 Expendlturg Expenditure is recognised on¢e there is a legal or construcb.ve obligation to transfer eomomic benefit to a third paty, it is probable thal a transfer ol economic bnefils will be required in selllement and the amount of the obligation can be measured reliably. Exp9ndi1U is classified by aclivily. The costs of each activity artr made up of the total of direct costs and shad costs. including support costs involved in undertaking each activtty. Direcl cosis attribylable Io a single actiwty are albcated direcuy to that activity. Shared costs Wh contribute to morg than one activity and support costs whi¢h ar¥ not attributable to a Single activity are appo¢tioned bgts¥een those activities on a basis coftsl$lgnl with Ihe usè of réstsurces. Central staff cosls are allocated on the basts ol tlm• spènc and depreciallon ¢har9e$ ¥llocaled on the portion of lh& asset's use. Expendrture on chathabl& adIlIeS L8 InuJrr8d on dir8dy UndortaD9 the activibes which further thg Charitls oblectbv8s, a$ %bll 85 any assoaated supwt eo$ts. All expendlture 1$ induslve ol lThecy)vernbb VAT. 2.5 D•btor• Tradè 8nd other debloTS are reclygrisad 8t tho s¢tUtrmenl afflount after any trad¢ dixount offered. Prèpa¢ni$ are valued at th& arrnt prgpaid nel of anytrade d¢scounts du•. 2.6 Cash at bank and In hand Cash at bank and In hand Indud95 cash and short-tern hvJhty liquid invgslments a short malurlty of three month$ or I from the dale of acqUitIon ¢Y nINj oftho depo8rt or slmilar aecount. 2.7 Llabllltlo* ond prgvl$Son• Ll8bili11¥s 8re cogniSed vthen thore is 8n obhgalion al the Balance Sheet data 8$ a result of a past event. il is probable that a transfèr of 8¢orvnic benefit will b& requirod Sn s•ttJèmenl. and the arnount ol the settlement can be estlmatèd ffjliably. Llablllties Ar8 ree4n1S at Ihe amount that thè Charity anlldpates it win pay to sgtuo tha dèbt or the amount li has received as advanced panents for the 9XIS or services it must provlde. Provisions are measured at th& b&st e$t6m8le of the amounts requlred to sèttlè iho obligation. Where the effect of the time valve of money is material. the provision Is basad on the present value ol those amoursts, discounted at tho pre-tsx di5winl rate that reftects the risks 5pecffic lo the liabS1ily. Thè unwindlng ol the discount 1$ Two1 in Ihe Stalement of Fingncial Activities as a finance cost. 2.8 Flnancial Fnstruments The Charity only has financial assets 8nd fiDarKaal Ikabdities ol a kind that qualfy 89 basic financial inslnJments. Basic fin8nual instruments are iniiialty niSed at transaction value and subsequently measurèd at their setuernenl value the exceptiorb of bank k)ans which a subsequèntly mèasur8d at arntiSeI cost using the effecliva intèrest Meth1. Pa 23
THE REACH FOUNDATION (A Company Llmited by GuarantMI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 AUGUST 2025 A¢¢ounling poIScs Icontlnued) 2.9 Flnan¢lal Instruments The Charily do•s not have a maierial hol¢Jin9 In complex frnancial instruments. rh& Charity only holds basic Financk41 Instruments. The financial ass¢15 8nd finanual liabilities of thè Charity are as follows.. Debtors- trad• and other debtors {induding accrued income) are basi¢ fin8ncl81 instruments and arè debl instrumen¢s measured at amortised cost as detailed in Note 11. Prepayments are not finanel81 instruments. Ca¥h al bank- is dassifl&J 8$ 8 bas finan¢aal Instrumgnl •nd 1$ measured at faca valu8. trade ueditors. accruals and othor tredilors wll b8 classified as finafttyal instrument5, and are measur•d at amortised cost as d$tsiled in Nole 12. Taxatlon ènd Social 5uritY are not Induded in th financial instrumenls disclosure. Deferretj income is not deemed io be a financi81 liability, as in $h setllem8nl has already taken place and iherè 1$ $impty an otAw8iK)n to deliver charitablè strrvic95 rather than cash or an¢ther financial instrument. 2.10 0ratIng19¥ej Rantals paKI under cyerabn9 le¥$&$ E4e ¢arged to the Stslemenl of FinanrAal ActivltS8$ on a straighl.line bas¢s over the l¢aso lerm. 2.11 Pnslons The Charfty op$r¥l•$ a defined contrlbutk)n ps4On stheme and tha p&n$lon th8pJe represents thg amounts patle by the Charily to the fuThJ in respect ol the jr. 2.12 Fund a¢¢ountlnq General fvnds are unrestri¢te<l fvnds whth are 8vaILq• fty use al the discretion of Trytslees In rurtherance of th& ral obieclives of ihe Charity ond whith have not been d8s(gn8t¢d lor other purposes. R8Str6ctèd lund5 are funds whkh 8ro to bo used in 8ccordanc8 *Mth spfiC rtrstrfctlons Imposed by dontsrs or which have been rdised by the Charity for particular purposes. The costs ol ralsing 8n¢J admlnislering such funds ar¥ ch8r9ed againsl th6 sOfi¢ fvnd. The aim and use ol each restred lund Is set out In the notes to Ihe ffinanrial slatemènts. Page 24
THE REACH FOUNDATION IA Company UmSted by Guarnnteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Income from donatlons and l•g#cl¢$ Unrestricted Restrlctèd funds fund5 2025 2025 Total funds 2025 Don8tions 8,196 682 8,878 Unmstfrfrtod funds 2024 Total fvnd$ 2Q24 Donat1$ 1,174 1,174 Incom• Irom charltabl• aetlvttl•• Unr•8tricted Restrlcted funds lunds 2025 2025 Total funds 2025 Charftabb 8¢1iwti¢s 3,165.183 1.064.360 4,229,543 Unmslri¢ted Re$lrl¢ted fvnds funds 2024 2024 Total nds 2024 Charttable 8¢lfvities 2.308.430 428,072 2,736,502 Page 25
THE REACH FOUNOATION IA Company Llmlted by Guarante•} NOTES TO THE FINANCIAL STATEMENTS FOR THE Y&4R ENDED 31 AUGUST 2025 Income from charl¢able actlvltF•s- by typ• Unrestricted Restrlet funds funds 2025 2025 Total funds 2025 Grants Consultancy income Coachlng cours•s 2,978,117 129.736 57.330 701.989 362,371 3,680,106 492.107 57.330 3.165,183 1.064.360 4,229,543 Unresliicled fvnds 2024 Rostricled lunds 2024 Tol•l fvnds 2024 Grants Consultancy Income Coaching cours&s 1.680,053 186. 193 442, 184 157, 100 270,972 1.837, 153 457. 165 442, 184 2.308,430 428,072 2,736,502 An4lysls of •XP•ndlr• an ¢harltsble aclSvStl•s- by lund unr•strIct R•strictfjd funds fund$ 2025 2025 Total 2025 Charitae actwitles 2.563,632 519,895 3,083,527 Unrestrictèd Restiicted funds funds 2024 2024 Total 2024 Charitable 8¢tivities 2, 126, 133 448.758 2,574,891 Page 26
THE REACH FOUNDATION IA Campony UmSted by Guarante•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 202S Analysls of gxp•ndltur• on eharltable actlvitl•s- by typ• Activltles undertaken dlrectly 2025 Support costs 2025 Total funds 202S Charitable ath.vths 2.807.789 275.738 3,083,527 A¢bths undertaken direclly 2024 Support cosls 2024 Tot81 funds 2024 Chantable 8clNities 2,399.225 175.666 2.S74,891 Analys18 of ¥vpport $ts Total fund$ 2025 Total funds 2024 Office costs Other support costs Govemance costs 250.091 4,733 20.914 756,261 3,453 15,952 Tolal 2025 275.738 175,666 Page 27
THE REACH FOUNDATION A Company LImtt by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Audltorfs r•mun•ratlon 2025 2024 Fees payable to lh8 Chartys audittr fr)T th8 audil of thè Charill$ annual accounts 8,250 Fees paydblè to tho Charitys auditor in reskwt ol.. All non.audit seNiw not induded above 1.200 1,000 Stsff costs 2025 2024 Wages and $alaries Sodal security costs Pension costs 1,425,118 174.921 150,539 1,250,877 138,800 130, 151 1.750.578 1,519,822 Thè aveiage number ol p•rson$ ¥mpw by the Charity durfNJ the y*ar was as lollow6.' 2025 No. 2024 No. Employaes 33 30 Th& rtUmr ol em0Ye&S whosa emplo bon¥fits {excluding emptyr pgnsion ¢ostsl exceeded £60.000 was.. 2025 No. 2024 No. In the band £70.001- £80,OCKI In the band £90.001- £100,000 In Ihe band £130.IKJO- £140,0fy) Page 28
THE REACH FOUNDATION IA Company L5mlted by Guarnntee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 10. Trust••s' remuneratlon and •xpense$ Duiir•J the year, no Trust received any femuneralion or olher benefits (2024- £NIL). During th8 ended 31 Augusl 2025. no Trustee expenses have baen In¢urred (2024. £NIL). 11. D•btorn 2025 2024 Du• wlthln on• year Trado dgblors Othar dèblor¥ PrepaMentS and aCCn incom• 94,847 240,340 380 94.033 188,880 240, T20 12. CTedllor•: Amounts talllng due wlthln on• y•ar 2025 2024 Trnde cr8ditors Other laxation xKi81 rIty Other credito Ac¢rual8 and delerred incom• 22.955 80,426 16,685 209.093 4.704 37,457 17.239 92,851 329,159 152.251 Page 29
THE REACH FOUNDATION IA Company Llmtted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 202S 13. Stst•ment of funds Statement of funds- eurrgnt year Balan at 1 September 2024 Balance at 31 August 2025 Incomo Expendllure UnrestrSct•d funds Genéral Funds- 811 ndS 1.558,766 3.173,379 {2.563.6321 2,168,513 Re$lrfct•d funds Fellham and r?laled local authority proi¥¢t$ Accelerator Grant- Mohn Wesuake Transfwmation Prol8ct- Fklality Granl for SW100 Prowammo 193,910 40S,OS2 500,000 134.990 25.000 {425,783) 173,179 soo.000 6S,878 {25,0001 193.910 1,065.042 (519.8951 739,057 Balan at 1 Septemr 2024 Balanc• at 31 August 2025 Ineorn• Exp•ndlture Total C*f funds 1,752.676 4238,421 13,083.5271 2,907.570 General lunds are unr&5tricled funds whicti are availabl& for use 81 the discretlon of tho Twstoe$ furtherance ol the general objeclives of the Charity and whlth have not been dosignatèd for other purposes Fdlham and related local authonty wty8¢ts'. these felate to SFoofic èdU¢atlon projects. Accelerator Grant Project.. Ihis lundry Irom Mthn Wesuakè is lo altsate grants to our C2C p8rtn¢rs nationally to pump prime the implementalion a1 d8velopment ol their C2C programmes. Transformation Prq'ecl.. the Foundation has been allocated f¢JTrJing from FKldity to fund 8 year project lo improve the officiancy and capacity of ICT and back office lunctions. In addiuon to th8 Rèstricted furKls Tnjslees have Designated Ihat £1.161,299 of unTestricled reserves ara used to rtd expenditure in 2025r26. These Feaves utKJeswJnaled unTestricted reserves of £1,007.214. Page 30
THE REACH FOUNDAnON IA Company Limlted by Guarante•} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 13. Stat•mont of funds Icontlnued) Statgmgnt of funds - prlor y•ar B81gno8 81 31 Augusl 2024 I S$ptember 2023 Income Exnd11ur8 Unr•stfl¢ted funds General Funds- all lunds 1.375.295 2,309,604 (2, 126, 133) 1.558,766 R•strS¢t•d fundi S8vg the Children Othèr rgstri¢ted funding The 88 Foundallon KAF leachlng Iraining burseries Feltharn and r61at8d lo¢al authority PToleds Att8l&ratOT Gr8nt- Mohn W8$Uak¢ 102.956 30.644 (102.9561 (50.663J 20,019 (1,334) (241.205) (52.600) 163.643 29.600 271,472 23.Ll)O 193,910 214,596 428,072 (448. 758) 193,910 Totsl ol funds 7,589.891 2.737,676 (2,5T4,891J 1, 752,676 Page 31
THE REACH FOUNDATION IA Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 14. Analysls of net ass•ts belween fvnds Analy81s ol n•t assgt$ between funds - ctsrrent year un$tro¢ted R•strfctod funds fund$ 2025 2025 Total funds 2025 Current assets Creditors due vAthin onè year 2.497,672 1329.159) 739,057 3.236.729 1329.159) Total 2.168.513 739,057 2,907,570 15. R•Gonelllatlon of n•t mov•m•nt In lund$ to not cash flow from op?r•tlng actlvltl•s 2025 2024 Net Incom8 for the yaar {88 pw Ststement of FlnoThial Acti¥itye81 1.154.894 162,785 Adlu$tm•n¢s for Dwease in debtors Increasell¢j*Cas9l In c¥editorn 80,811 147.937 99,869 (90,956) cash provldod by operattng •etlvltl•s 1,383,642 171,698 16. Analys1# ot ¢Jsh and cash •qulval•r 2025 2024 Cash In hènd 3.047.849 1,664,207 Total cash and ¢¥sh equSval•nts 3.047,849 1.664.207 Pa9e 32
THE REACH FOUNDATION IA Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 17. Analy$l$ of changes In debt Sgptember At31 2024 Cash flows August 2025 Cash at bank ond In harbd 1,664,207 1.383.642 3.047,849 1.6fj4.207 1.383.642 3,047,849 18. P•nslon ¢ommltm•nts The Charity operat8s 8 d•fin8d contribution pen$ton scheme. The assets of Ihe scherne are held separately Irom It$+ of Ihtr Charity in an independenvy a¢Jministered fund. The pension cost charge r8presents conlnbulims payable by the Charity to Ihe fund and amounled to £150.$39 (2024- £130, 157). Conlributions of £21,249 (2024 - £18.811J were payable lo the fund a( the Balance Sheel dale and a Indud8d In ¢r¢dilors. 19. Oper•tln9 l•as• ¢ommStmonls At 31 August 2025 the Charlty had commltmonts tr* make frJtur¢ minimum loase paentS und8r non. cancellable operating leases as f1¢>w$.. 2025 2024 Not18tei Ihan 1 aT Lotgr than 1 ypar 8nd not later than 5 arS 45,000 57.637 24,OQO 102.637 24,OOQ 20. Related party transactlons The Foundation ha5 8 Servic8 Level Agreernent Reath Schools in order to access ICT servSces. This was the onty seTrice remaining in 2024125 as the remaindef were bght in house. Frc¥n 25126 we hava 5gparaled our ICT as part of our transformalion project. Key managemenl personrt81 anK)untèil to £512.135 (2024- £489.440). Page 33