Re￿rt ofthe and
Flnandal Statements
for the Year Ended 318t March 20LS
ror
THE IRON BRIDGE TRUST
Hilden Park Accountants Limited
Chartered knountants
& Statutory AuditOlS
Hilden P￿ House
79 Tonbridge Road
Hildenborollgb
Tonbridge
Kent
TNII 9BH

THE IRON BR￿GE TRUST
Contents of the Flnanclal Statements
FOR THE YEAR ENDED 31sr MARCH 21125
Page
Re￿rt of the TTh￿tee8
Report of the Independent Audltors
4 to 7
Statement of DlnaDcial Aclivilies
Balance Sheet
Notes to the Tmancial Statements
10 to 15
Delalled Statcmenl of FInanc￿ Actlvid&8
16

THE IRON BRIDGE TRUST
Report of the Trnstees
FOR THE YEAR ENDED 31ST MARCH 2025
The I1￿.￿te￿8 pre%ent their Teport with the flnancial slatcmcnls of the Ch*￿-&(Y for the year ended 31st March 2025. Th¢
Irustee8 liave adopted the provisions of ALC()Unting and Repor¢iw)g by Charities- Statement of Recommended Pr<ictiLe
ai)plicable to ch￿ttle5 preparing theii- accounts in accordance wlth the Financial RewrtTng .Standard applicable in the
UK and Republic of Irel<ind (FRS 102) (eftective l January 2019).
OBIECTtVES AND ACTIvfTIES
Objectives and aims
The PUTpose of the charity is to assist tho%e in need by reason of youth, age, ill health, disability or social or economic
disadvantage by providing grants and funding to purchase goods and services as 8et out in its governing document dated
1st September 2010.
The main activities undertaken in relation to those purposes during the year ended 31 st March 2025 ha5 been to provide
gr<ints lotalling £120,000 (2024: £98,000) as detailed in note 4 to these financial statements.
The trustces meet during the finoncial year lo decide how best it can a&sisl those in need and to decide what charities and
organi%ation% that grants should be provided io in ordcr tn fijrther the Ch￿ity'S purpose for the public benefit.
Tiie puiyoNe of the cliarily is lo a88isl lho.se in iieed by reilson of yULilh, ill heiilth. disability ur SULial ur economic
disa(Ivanlage by providing grants and fundinb? to purLhu%e good% lind %crvice%. Thc objcc1iv￿5 41rc fulfillcd by Ihc tru%lee%
m4iking grdnl8 vr don<ilions lo tho.se in nccd whiLh 1.4 the rnuin Iictivily of Ihe chiirily.
Puhlic benefit
In %cllinri objcc liiyei. ¢lnd plLinninTr Inr Licliiijlic%. the Tni8lci'.% have (rji'cn dtic con4ider¢ili()n t() rpcnercil (vuidJnLe piibli8hcd
l)y IIiL. (.'li¢ll'ily C()Iiiii'iis%i(Iri reliilinb (() piJhliL bLnLfil, illLlLiilin￿7 Il)e eiii(IiinLC 'Piiblic beiicf'il.. riinning li Lhiirily jPB2)'.
ACIIIEI VEMINTS AND PERfoRMANCI
Wc ure proud In report that the grant% that The Ir()n Bridge Trust ha8 provided during Ihc ye1L r lo 31.st March 2025 havc
as.sistcd the rnany organi.sations Ih(It Ihe Iru%lees have agi'ccd to support. Thc hard work ol the inany pcoplc in those
orguni%iilions have helped clderly pef)ple. vulnerable individuicl%. tho8e who arc SOLTdlly dnd eLonomica]ly
di.SiidviintJgcd Jiid thosL willi di%¢il)ililiL.%. TIIL giai)1.4 I)ii)vidLd liavi IlILiili)I'L IILIpLd iii %upi)Iyiiig Illillly I)LLd.s.
Thc wide range of grants mean we have helped charities and organisations that provide grief counselling to Lhildren,
speciali.%t support for families wilh disabled children, training and support for inobility for di.sabled children und adults.
re%ide.nli<il brctiks for vulnerable children. cmotionic l and well-being support for the de<ifblind community, IT learning
sUp￿rt for tho.se with disabilitie.8 und ihe li8t goe.% on.
Financial position
Inve%tment income received during the year tola]led £389,626 (2024: £379,984).
Tolai expenditure for the Ye￿ was £307,566 (2024: £338,432) with the decre&se due to one off fees relating lo repair.s &
maintenance and legal costs occurring in the prior year. Total grants paid in the year were £120,000 compared lo
£98.0(M) in the prior year.
Gains on investmenLS during the year totalled £181,974 (2024 restated: £166,987), which was made up of unreajised
gains of £181,974 on inveslTnent property (2024 restated.. £156.023) and realised gains of £Nil (2024 restated: £10,9EA)
on fixed asset investments.
The surplus for the year lotalled £2fA.034 (2024 r¢51ated: £208,539).
The balance of unrestricted funds at 31 March 2025 was £5.014.480 (2024 restated: £4,750,446).
Page I

THE IRON BRIDGE TRUST
Report of the Trnstees
FOR THE YEAR ENDED 31ST MARCH 2025
FINANCTAL REVIEW
Reserves policy
The ttustees of The tron Bridge Trust have 8gTeed that the charity should hold enough reserves to cover at least six
months of expenditu￿ in order tt) not have cashflow concerns. This would equate lo approximately £160.(XX).
Ai the year end the charity's free reserves were £5,014,480 (2024 restated.. £4,750.446) which will be used to further the
Ch￿ily'S objectives.
STRU￿, GOVERNANCE AND MANAGEMENr
Governing document
The charity is controlled by its governtng documenL a deed of trust and constitutes an unincorporated charity.
If a new tn￿tee is required the Board will look lo appoint .8omeone who hold the values required in order to assist those
in need across all areas that the charity SUPPOrts.
REFERENCE AND ADMINISTRATtVEDETAtLS
Registered Charlty number
1138292
Prlnclpal address
Rivendell
Parkfield
Sevenoaks
Kenl
TN15 OHX
Trustees
J Bennett
Dr Y H Bennett
Dr S Bennett
R Bennett
A Bennett
Miss F Bennett
J Bennett, Dr Y H Bennett. Dr S Bennett and R Bennett held title to propety belongTng to the chartty on the date the
report WI￿ approved.
Auditors
Htlden Park Accountants Limited
Charte￿d Accountants
& Statutory Auditors
Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TNII 9BH
Bankers
H5Andelsbanken
1st Floor 50-52 LA)ndon Road
Bligh's Meadow
TN13 IAS
Page 2

THE IRON BRJDGE TRUST
Report of the Trustees
FOR THE YEAR ENDED 31ST MARCH 2025
REFERENCE AND ADMINisfRA TIVE DETA￿s
Property Advisor5
Savills
72 High Street
Sevenoaks
Kent
TN13 IJR
DJ Alexander Lettings Lld
I Wemyss Place,
Edinburgh
EH3 6DH
srATEMENT OF TRUSTEES, RESPONSIBILfTIES
The trustees are responsible for preparing the Report of the Trustees and Ibe financial statements in accordance with
applicdbl¢ law and United Kingdorn ALcounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustee8 lo prepare financial statements for eacb financial year. Under that law, the trustees have
elected to p￿pare the fincincial slalements in accordomce with Uniled Kingdom Gcnerally Accepted Accounting Practice
(United Kingdom AcLounling standi￿d5 Éind applicable law).
Under c.harity law the. Iruslees musl iioi approve thc financial %llltemenls unless they are satisfied thill they give ¢1 true and
fair view of the 5t¢tte ot 4lffair% of the charirv aiid of Ilie incoming resourccs and appliLaiion of resDllrLe%. inLludin&Y the
incomc cxpcndilurc, of Ihc charity for Ihiil period. In prcp&irilift thosc finaiici1&1 .4taieiiiciil%, tiic Iru%lec% arc rcquired
sclecl .4uilablc 41L'counling poliLies dliLI Iheii ¢ipply Il)ein Lon5i%leiiily:
observe the method¥ und piinciple8 in the Cl)<irilies SORP;
make judgemcnls and cslimales that rea%onable aiid pDJdent'
prep<ire Ihe financiiil .stLilemenl8 on ihe gToing concern basis unle%% il 1% inupproprii2lc Ir) pre8UTne Ihilt the charity wtll
Lonlinue in bu%ii)c%s.
The trustees are responsible for keeping proper accounting record5 which disclose with reasonable aLcuraLy at any time
the financial position of the charity and to enable them to ensure th&lt the financial slalements comply with the Charities
Act 2011 and The Charity (Aceounls and Reports) Regulation.$ 2008. They are also re8pon8ible for 8afe¥uarding the
asset% of the charity and henLe for taking reasonable steps for the prevention and detection of fraud and other
irrcgularities.
Approved by order of the board of tNstees on ....
. and signed on its behalf by:
Dr Y H Bennell - T￿.ste¢
Page 3

Report of the Independent Auditors to the Trllstees of
The Iron Bridge Trust
Opinion
We have audiled the financial statements of The Iron Bridge Trust (the 'charily') for the year ended 31st March 2025
which comprise the Statement of Financial Activitie5, the Balance Sheet and notes to the financial statements. including
summ2wy of significant accounting policies. The financial retK>rting framework that has been applied in their
prepciralion is appliLable l¢iW and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
In our opinion the fjnancial stalemenls:
give a true and fair view of the .state of the charity's affairs as at 31st Mwrh 2025 and of ils incoming resources and
application of re8ouTces, for the year then ended:
have I￿en properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
Wc conducled our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those Stand￿d8 are further described in the Auditors, responsibilities for the audit of the
fintÉncial statements section of our report. We are independent of the charity in accordance with the ethical requirernents
that relevant to Our audit of Ihe financial slalements in the UK, including the FRC'S Ethical Standard, and we have
fulfilled our other ethical rcspon5ibilitics in accordancc with the,se rcquirements. We bclievc thal the audit evidence we
have obtained is sufficicnt and appropriate lo provide a basis for our opinion.
C(Jnclusions relatlng to going concern
In audiiing ihe financial slatcmenls, wc havc concluded (hat the trnstees, use ot the gning cnncern ba%is of &ccount?ns in
Ihc prcpv¢ ali()ri (Trf the financi1¢ I sliilemenl8 Is <ippropric11e.
Babcd oli Ihc ii'oi'k. ii-'c1i.11'L pcI'fui'i)ieLI. ii'c Iiili'c not idciilifiLd Lin), Iiiatci'ial uiiLcil%iinlics I'elalin(' to ci'LiII.4 Ul. L()i)£lilioii.4
Ihdi. individual ly or ci)Ileciivcly. mciy .4ignificÉ1171 (1()ubi on i.hc chaiiiy's ¢ibiliiy lo Lonliniie ¢1% cl gl[)ing? Ll)llLern for 21
peri()d ul ill Icasl IwL.IvL IiiL)nili% Iiuiii ivliLI) Iliu fiiiJi)Lia5 slillciii¥iils 4U'L 41Liilioi'i.4ed I'oi- is%uc.
Our rcsponsibililics and the re%ponsibililie% of ihc trustees with rcspccl lo gi)ingi concern are de%Lribed in the relcvant
eLlion.s of Ihis i'eport.
OthL'r iiifunnJ(ioii
The tnistees are rcspDn%ible f()r the ()thcr Info￿alIc)n. The other inform411ion comprises the infonnation includcd in the
Annuaj Report. other than the financial stalcmcnts and our Report of the Independent Audilnr% Ihereon.
Our r)pinion on the financi#l .slatemenl.s does not cnver the other inforniHtion and, except to the extent othenvise
explicitly stated in our report. we do not express any fom of assurance conclulion Ihereon.
In connection with our audit of the financiaI statements, our responsibility is lo read the other inforn)ation and. in doing
so, consider whclher the other infomaiion is materially inconsistent with the financial stalemenLs or our knowledge
obidined in the ¢iudit or otherwise appe￿5 to be materially rni55taled. If we identify such material inconsistencie5 or
apparent materia] misslatements. we are required to dcterniine whether this gives rise lo a material misslaleTnent in ihe
financial slatement5 themselves. If. based on the work we havc perfornied, we conclude that thcre is a material
rnisstatemenl of this other inforniation, we are required to Teport that fact. We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing lo report in respect of ihe following mlitters where the Charities (Accounts and Reports) Regulation5
2W8 requires us lo report lo you if. in our opinion:
the infonnation given in the Report of the Trustees is inconsistent in any Material re5FUt with the financial
5tatetnents; or
sufficient accounting Tecords have not been kept; or
the financial statements are not in agreement with the accounting records and returns; or
we have not received all the inforn]ation and explanations we require for OUT audit.
Page 4

Re￿t of the Independent Audltors to the Trustees of
The Iron Bridge Trust
As explained more fully in the Statement of Trnstees. R￿￿)nsibilItIes. the trustees are responsible for the preparation of
the financial statements which give a true and fair view, and for such internal control as the trustees deten￿ is
necessary to enable the preparation of financial staternents that are free from Ma￿la1 rnis6tatemenL whether due to fraud
or error.
In preparing the financial stalenienis, the trust￿ are wp)nsible foT assessing the charity'8 ability to continue &s a going
concern, disclosing. as applicable, matters related to going concern And using the going concern basis of accounting
unless the trustees either intend to liquidate the charity or to ce&8e operations, or have no realistic alternative but to do
Page 5

Report of the Independent Auditors to the Trnstees of
The Iron Bridge Trust
Our rosponsibilities for the audit of the financial ststements
We havc been ILppointed as auditurs under Section 144 of the Ch￿IlleS Act 2011 and report in accordance with the Act
and rclevanl regulations made or having effect thereunder.
Our objectives dre to obtain reasonable assurance about whether the linancia] statements a5 a whole JTe free from
material misstatement, whether due to fraud or error. and to issuc a Report of the Independeiit Auditors that tnclude.s our
opinion. Reasonable assurance is a high level of iissufdnce. but 18 not a guarantee that an audit conducled in accordance
with ISAS (UK) will always detect ¢1 material misqlatemenl when il exist%. Mis,8tatements can arise from fraud or e￿or
and are considered material if, individually OT in the aggreg14 le, they could reasonably be expected to influence the
economic decisions of user.8 taken on the basis of these financial stalemenls.
Irregularilies, including fraud, are in81ances of non-compl1i￿ce with law.s and regulations. We design procedures in line
with our responsibililie%, outlined above, to delect material mis8latements in respect of irregularities, including fraud.
The extent to which our pmccdures ￿e cap(Ible of detecting I￿egular1ties, iiicluding friiud is detsiled below.
We obtained an under.8tgnding of the legal and regulatory frameworks that are applicable to the charity detern)ined
thai the most significant which have (I direct material effect on the amounts and disclosures in the financiaI statements
are the Charities Act 201 l and Charities SORP FRS102.
We also ideniiticd other laws and itgulation5 which do not have a direct effect on the amounts and di%closure8 in the
rinancial stalcmcnt%, but which cornplianLe is fundamcnlal to the enlily's vpvfiilion% including Data Protections Laws
(including UK Gcneral Diilii Prolcction Regulation (GDPR) aiid enquiiL'S were ml¢de with management regarding
proccdure.s in placc t() cnsure compliance.
Havii)g revicwed the ILiWS and regul4ilions applicable lo the chartly. we de.4igned and Iierfornied audil prrJcedurL's l(
hiain sufficicnl 2ipprnpri¢ilc cvidence. .Spccificnlly wc..
Assigned ilTt engagcmeiil Iciini l(? the 4111dil that collcclivLly h&id Ihc appiupriu(c ionipclL'IiLc, C<lP<ibililiLs skills (0
identify nr rcLugni.4c non-Lomi)liaiiLC Wlth applicablc laws and regiiliiiions.
Enquired willi m(inagement on any non ci)inpli<lnce with laws and rcgulalions.
Reviewcd the legal expense account% and legal corrcspondencc to idcntify putenlial litigation or claims involvAng the
cnlily.
Rei'ieii'ed tnicrnJl policics and pi'occdurcs and Lxternal guidilnLC.
Revittw¢d the ¢ompleieness and accuracy vf u55ociated disclosures made in the t'inancial stL11emenl.s.
Wc assessed the 8usceptibility of the charity'4 flnancial statements lo materiul misstatemenl and fraud and in doing so:
Considered whether thcre were ￿ea8 of the financial Flatemenis particularly susceptible lo fraud and enquired with
manageinent as lo any knowii or suspcctcd inslunces of fraud and thcir ussessmenl of fraud risk.
Considered whether management have incentives and r)pportunilies to manipulate financia] results and delerniined the
key audit risks related lo cornpleteness of income. managemenl override ol controls and the valuation of inve%trnent
properly.
The risk of rnanagement override of control8 has been reviewed and audited, including through testing aLcounting
estimates and other adjustments for appropriateness. Furthermore, analytical procedures were undertaken to identify any
unusual or unexpected relationships and trdn8actions and the Tationale behind these was investigated.
The risk ()f completeness of income has been reviewed Imd audited, including through substantive testing. 8Jong with a
review of the appropriateness of the accounting FK)licy concerning Income recognition dnd completing detailed cut off
testing either side of the balance sheet date.
Designed and perfonned iudit procedure5 to obtain sulTicient appropriate evidence including substantive testing in
relation to the valuation of investment property.
The audit has been planned and perfornied in such a way as to best identify risks of materia] misstatement, however the
inherent limitation5 of audit procedures means that there remains a risk that we will not detect all irregularities. including
those leading to a jnalerial misstatement in the fiT)ancial slatements or non-COTnplTance with regulation. This risk
increases the more that compliance with a law or regulation is removed from the evet]ts and transactions reflected in the
rinancial statements, as we will be less likely lo become aware of instances of non-complia￿ce. The risk is also greater
regarding Irregul￿ltieS oCCu￿1ng due to fraud rather than e￿or. as fraud involves intentional concealment. override of
ontrols. forgery, collusion, onussion or misrepresentation.
Page 6

Report of the Independent Auditors to the Trustees of
The Iron Bridge Trust
A fiirther description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at Www.frc.org.u￿aud1I0rSrespDnSibI]Ittes. This description forms part of our Report of the
deFendent Auditors.
Use of our report
Th15 report is made solely to the charity's trus*es. as a iKMly. in accordance with Part 4 of the Chariiies (Accounts and
Reports) Regulations 2008. Our audit Work h&s been undertaken so that we might state to the charity's tru51ees those
rnat¢ers we are required to slate to them in auditors, report and for no other purpose. To the fullest exteni pfflnitted by
law. we do not accept or FAssume responsibility to anyone other thaJJ the charity and the charity's lrnstees as a body, for
our audit work, for this report or for the opinions we have forn)ed.
,lJ,,
Hilden Park Accountants Limited
ChaTte￿d Accountants
& Statutory Auditors
Hilden Park House
79 Tonbridge Road
HildenFrf)rough
Tonbrldge
Kent
TNI19BH
Date: ,...
Page 7

THE JROIY BRIDGE TRUST
Statement of Finandal Activlties
FOR THE YEAR EIYDED 31￿ MARCH24I2S
Unrestrlcted
Totsi
fimds
as restated
Notes
INCOME AND ENDOWMENTS FROM
Investrnent income
389,626
379.984
Raising fund8
80138
77.609
Charltable acdvldes
Charitsble activities
227,028
200.823
Total
3(nA66
338.432
Net gains on investments
181974
166.987
IYET llYCOME
208.539
RECONCLLIATION OF FUNDS
Total funds brought forward
75OA46
4541.907
5.014.480
4.750,446
The noles forni part of th&se fin8nciai statements
Page 8

THE IRON BRIDGE TRUST
Balance Sheet
31ST MARCH 2025
2024
Total
funds
as restated
Unrostrieted
Notes
FtXED ASSETS
Investment property
4,958,147
4.776.173
CURRENT ASSETS
Debtors
Cash at bank
io
4,653
565,649
415.061
570J12
415.061
CREDITORS
Amounts failing due within one year
(50a27)
(29.207)
NET CURRENT ASSETS
519,975
385,854
TOTAL ASSETS LLSS CURRENT
LIABIL￿lEs
5,478.122
5.162.027
CRED￿oRs
Amounts falling duc after morc Ihlln onc yc2
12
(463,642)
(411.581)
NET ASSETS
5,014,480
4.750.446
14
un￿StriCted fLJnds
5,014,48
4,750.446
TOTAL FUNDS
5,014,480
4,750,446
The fin<1 1)cial
-%l,tements iiicie *lPPI'uved by the Board of Trustees and authorised for issue
22/o.J./ £.........
on
Dd w¢re Signed on its behalf by:
Y H Bennett- Trustee
The notes fonn part of these fuwicial statements
Page 9

THE IRON BRIDGE TRUST
Notes to the Financial Statements
FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNTING POLICIFS
Basis of preparing the financial statements
The financial 8tatetnenls of the charily. which is a public benefit entiiy under FRS 102, have been prepared in
acmrdance with the Charities SORP (FRS l(r2) 'Accounting and Re￿rtI1]g by Charities: Statement of
Rccommended Practice applicable to charitie8 preFwing their accuunts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),.
Fiiiancial Reporting Standard 102 The Financial Reporting Standurd applicable in the UK and Republic of
Ireland, and the Ch(wilies Act 2011. The financial statements have been prepared under the historical cost
conventioii, with the exception of investments which are included at markct value. as modified by the revaluation
of certain d55els.
Income
All income 18 recognised in the Statement of Financial Activities once the charity has entitlement lo the funds, it
is probable that the income will bc received and the amount can be measured Teliably.
Rents received are recognised in the peiiod in which they relate.
Expenditure
Liabililics are reLogniwl il% expenditure a.% $01)ll Ihere 1.4 a Irgal or con%lructive obligation commiltinL the
chartty lo that expenditure, it probable that u trun%ter of eL()nomiL benefits will be rcquircd in seltlement and
the amnunt of the obliivtition can be Tneabured reliably. Expenditijre 18 sjccounted For on an accruals bll.4i% and has
been clas.sified linder heu(ling.% Ihul d&&preLiuie all co%1 IEldleil Ii) (he LuleLTrurv.
The ch¢irily only hcls l)iic Lhiiril<ible ¢lLtivily lo which direct ¢lll(1 siipp(?ri Ll)%1s (ire allocated.
Supi)oi'l L().%l% dl'l 11I0sL. Il)al willi tliL wi)rk ()[ Ilie LliJi'ity bLII (i(> ii(Il dii'iL'IIy I'Llule l() Ilie Lharilubly <lLlivily
uiid incliide governance costs.
Grants offered subject lo conditions which have ntTrl been mel <71 the ye&ir end daic are noted il.8 C()mrnilmeni bul
ni)l (ILLfuLd us expeiidilui'e.
Investment property
I￿v￿tMcnl properlieb are initially reLognised at their trunsaction cost and subsequently measured at fair value at
the balance sheet dilte. Changes in fair value Tecognised in Slalement of FiniTrncial Aclivities.
Profest>ional valuations are Larried Out every five year%, with valuations in between this period carried out by
trnstees on review of similar properties and open market values.
Taxation
The charity is exempt from tax on ils charitable activities.
Fund accounting
Unrestricted funds can used in accordance with the charitable objectives al the discreiion of the trustees.
Page 10
continued...

TKE IRON BRIDGE TRUST
Notes to the Financial Statements- continued
FOR TIIE YEAR ENDED 31ST MARCH 2025
INVESTMENT INCOME
2025
2024
&g restated
Rents received
Other investment income
389504
122
379,984
389,626
379.984
RAISING FUNDS
Ralslng donatlons and legacies
2025
as resLated
Management fees
77.009
GRANfs PAYABLE
2025
2024
as rc%lalLd
Charil(Ible (ILlivitiCl>
120,000
98.OUO
Thc iolal granL%' paid to inNiiluiion.s during the year wa% follows..
2025
2024
115 rc.4lated
Grants paid
120.OIH
98.000
Breakdown of grants paid based on charitable activity:
2024
as reslated
Elderly care
Caring for those with physical disabilities
C￿]ng for those wilh mental disabilities
Chring for vulnerable children
Support for caters
14,OiM)
36,0(Kl
28,000
23,000
19,000
14.(K)O
35.500
16,5(X)
23.5(MJ
8.5(K)
120,000
98.OIKJ
Page 11
continued...

THE IRON BIUDGE TRUST
Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31ST MARCH 2025
SUPPORT COSTS
Govem¢ince
Losls
Findnce
Oilicr
Totals
Charitable activities
36,215
48,942
21,871
107,028
Support costs. included in the atK)ve, are as follows:
2025
2024
as restated
Tot
activities
Cliarilable
Iclivitieb
Bank charges
Insurttnce
Light and heat
Council tax
Repairs dnd renewal.8
Auditor.S' Temuneration
Accountancy
Legal fees
36,215
7,092
356
3,122
38J72
7,140
2,100
12,631
36,466
10,180
92
1,872
60078
6,940
44.39S
162,823
TRUSTEES, REMUNEIL4TION AND BENEFITS
There were no trustees. remuner&tion or ()ther benefits for the year ended 3 1st March 2025 nor for the year ended
3 1st March 2024.
Trnstee8' expens
During the year one trustee was reimbursed expense5 totalling £40 relating to investrnent property costs.
Totals costs reimbursed in the year ended 31 March 2024 We￿ £3,643. Of these expenses, £2,643 related to
investment property costs and the remaining £l.OIXI related to a reimbursement of a grant payment lo a charity.
PRIOR YEAR ADJUSTMENT
A prior year udjustment has been made in relation to investment property. The adjustment is for the fair value
adjustment to the investment property balance at 31 March 2024. The adjustment results in an increase in the
investment prop¢rty balance by £156.023 from £4,620,150 to £4.776.173.
The effect the opening unrestricted fi]nds at l April 2024 is an increase of £156,023 from £4.594.423 to
fA,750,446.
The restated net gains on investments per the Statement of Financial Activities for the PTior year is £166,987 and
restated net income is £208,539, with Erf)th figures being an increase of £156.023.
Page 12
continued...

THE IRON BRtDGE TRUST
Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31sr MARCH 2025
NET GAINS ON tNVLSTMENTS
Breakdown of net gains on investments is as follows:
2025
2024
as restated
Unrealised gains on investment propety
Realised gains on fixed asset investments
181,974
156,023
10.964
181,974
166,987
INVESTMENT PROPERTY
FAIR VALUE
At 1st April 2024
Revaluation
4,776,173
181,974
At 31st March 2025
4,95&147
NET BOOK VALUE
Al 31 st M<irch 2025
4,958,147
At 31st m￿Lh 2024
4.776,173
Thc inve5tmeTJl property valued by the iru,stees as at 31 March 2025 on an open market basis.
io.
DEBTORS: AM0￿5 FALLING DUE wfrHIN OIYE YEAR
2025
2024
as resiated
Other debtors
4.653
11.
CREDITORS: AMOUNTS FALLING DUE ONE YEAR
21)25
2024
as restated
Bank loans and overdrafts (see note 13)
Trade creditors
Other creditors
24238
9,180
16909
21,107
8,1(K)
50,327
29,207
Page 13
continued...

TIiE IRON BRtDGE TRUST
Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31ST MARCH 2025
12.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025
2024
LS re%l<lted
Bank loans (see note 13)
463,￿2
411.581
13.
LOANS
An analysis of the maturity of loans is given below:
202S
as restated
Amounts falling due within one year on demand:
Battk loans
24238
21.107
Amount5 falling between one and two years:
Bank loan.¥ - 1-2 years
24238
21.107
Amounts falling due between Iwo and ftve years..
Bank loan8 - 2-5 ye8r5
439,404
63.320
Amounts fulling duc in more than five years:
R¢payablc by iiislatmenls:
Bank loans mure 5 yr by ii18tdl
327.154
The Hw)delsbankeD loan is secured against property owned by the charity.
14.
MOVEMEKf IN FUNDS
Nel
movement
in funds
At
31.3.25
At 1.4.24
Unrestricled ￿ndS
Generaj fund
4,750,446
264034
5.014,480
TOTAL FUIYDS
4,750,446
264,034
5,014,480
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
1055es
Movement
in funds
Unrestricted funds
General fund
389,626
(3(flS66)
181,974
264,034
TOTAL FUl￿s
389,626
(307566)
181,974
264,034
Page 14
continued..

THE IRON BRIDGE TRUST
Notes to the FU￿￿la1 Statements - CODtinued
FOR THE YEAR EiYDED 31ST MARCH 2025
I& MOVEME[￿ FUNDS. continued
Comparatives for movement 5n funds
Net
movement
in funds
At
31.3.24
At 1.4.23
UDTrstrleted funds
General fund
4,54J,SY)7
208.539
4,750,446
TOTAL FUNDS
4,541,907
208.539
4,750.446
Comparative net movement in fijnds, included in the above are as follows:
Incoming
resources
Resources
expended
Gain8 and
losses
Movement
in funds
Unrutrlcted funds
General fijnd
-379,984
(338.432)
166,987
208.539
TOTAL FUNDS
-379.984
(338,432)
16(1 £Jli7
208.539
15.
RELATED PARTY DLSCLOSURES
There were no related party trdnsaclions other Ihaji the trustees, expenses disclosed in note 6.
Page 15

THE IRON BRIDGE TRUST
Detailed Statement of Financial Activiti
FOR THE YEAR ENDED JIST MARCH 2025
2025
2024
as resta*d
INCOME AND EIYDOIVMENTS
InV￿tment Income
Rents received
Other investment income
389,504
122
379.984
389,626
379.984
Total incomlng resourc&s
389,626
379,984
EXPEND￿jRE
Ralsing donAtions and legacies
Management fees
80J38
77.609
Charitsble aetivlties
GranLs lo institution.5
120,0
98,0
Support costs
Flnance
Bank charges
36,215
36.466
Other
Insurance
LTght (Ind heat
Couiicil IèLX
RepaAr8 and renewals
7,092
356
3,122
38J72
10.J80
92
1.872
60.878
942
73.022
Governance costs
Auditors, remuneration
Accountancy
Legal fees
7,140
2,IIKI
12,631
6,940
44,395
21,871
53,335
Total resources expended
307,566
338.432
Iyet income before gains and losses
82,060
41,552
Realised recognised gains and losses
Revaluation gainsnosses fixed asset investments
10.964
Net income
82,060
52,516
This page does not fonn part of the statutory financial statements
Page 16