REQISTERED COMPAMY NUMBEIL" 07678748 (l•nd 1 Wal••) REGISTERED CHAiirrY NUMBEK. 1142n2 IIEPORT OF THE TRiISTEE8 AND UDrrED FINANCk4L STATEMENTS FOR ThEYEAR BIDED 31 AUGU8T2025 Wrfght Conrr Ukyited Bodford kLab Pry BUneSS PA Stamard Woy Bodfordshlre MK44 3RZ
coiirEiifs THE FINANM 8TATEMENT8 FOR THE YEAR ENDED 31 AUGU8T2 1 *) 5 Balanc• 8h••t 8 10 9 10 11 12 to 19
PROGR&88ABIUTY.ORO IREOISTERED NUMBER: 07670748)
REpoF THE TRUSTEES
FOR THE YEAR EMLW 31 AuGusf202S
The InMte•s who dir•ctnrs the Ihg wrposes oftho Companlgs All 2Cth, thek rewi
finaTr tstoments of the charfty fcf the sw 8ndgJ 31 NgUSt 21Y25. The trust$ have adorA8d lh8 provisions of
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OBJECTIVES AND AcfMTIES
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FOR THE YEAR ENDED 31 AUGusf 2025 thjriJ the year, th8 numbBr of Ind¢ s888iorB stAy•d ai a IMI and wa8 Ixty lstraIned ty the nurrtw of th• •tywJ dornfKI W• Irmaslngty $Iput stslents vdlh ceX needs, r86th1g in arwnd 90% crf rn¢9 1.1 wJppyL Galw Lo1 1 Award kn SkAls f¢f $bith 18 ty•dtts) GateY Lthl l Award kn ProJr¢ssk)n {3+ uedh81 9agg In 1rlu1 Ipamlrvj. Those ar¢ a t05tarnBnt lo Ihg dl(¥ll0n ol wr Jlaff, t), and tru. •$tlI 8¥th• g•r• olwlbndw prkKlP fvndlno •ouru• Pwr•ss4bilty.&g dwing h1•8tfrnKl yw. An9 Caub Th8 HryT TnMt W.0 StrÈèt Tnthi INlxh8m Tr80 Trust StJthns How TnAqt The Rthven TnJBt Tho Mrn Y¥or#iè Chafft&le TNst 8lw)tTrust NiNoth Tnt Slmon GlbBon Charft&lgTnJBI John and Howanl TN8t Fnnk BrnrtstrY• Clw8U•TNst wilh Natwesl fort•mprTrry (aBh Ilryw n8•J$. Total al the OTh1 rf Iho arnnted to £119.647 (2024: £67200 Iwtèted) of l)1( £111.81fj W24: £64890) unrnstix1 £7031 12024 £2,310} 1¥ T•stric10d. 01 th9 £111016 12024: £84M14mr•strithd £13278 P024.. £27Zd2)vthkl ClY be Y•81$ab ijn th¢ dknposd ofl)lefuod 8$8* attrr oJIr?nt t#)0klI. P490 2
PROGRESsA6 (REGISTERED NUMBEFL. 07m74Jl REpoKfoF THE TRUSTEES FOR THE YEAR ENDR131 AiI(IUSY2025 Oolng coArn UtaInl198 rerrAin regvdiro thè aval8tAIty of grnnt fim¢thng al referral In(xxM Ratsrras ar• often r¥rtml lats kn th&arademk yaar, Creating shoterM uncartdnty. Inthde8: Onwng martetiTr3 to attr1 new pather& E¥pwl gwwhkal aThJ now c$Id•Ing enhanoThJ th? qualty ofouraThront prow Ewdng stud¢rt numbgr81hrough eyJ61Sng KI rofmrs. R•LYulthry addfdoml ¢cothiTh3 stsff. Enhandrvj ow nwwly 199sod lako, ryoaong a 0J00r1ewnIThj en¥DMwnt kn partnw lth glaff. and I new inftstives be wefulty to gnsure they o)mmont a(l¥lUes aThJ do not drt reuowca frth STRUCTURE, GOVERNANCEAND IAANAGEMENT G¢w•rnlnq docum•rrt Thè drlty Ib 90¥8mlng a doed rf tru8( a lined compony. Imlted by gu¢rnntse, as defin1 bytho CompanIasPd21. RlU1 •ppolnkn•nl and kndu¢Uon of nTh7ln Th• dwrlty r8qulr8s a mlnlmum Ofthmtrt, rettre by rOlatk •¥wry110 {sitie¢to worL4nl. N8w tn*t•w rK•h en Irthclon prt brfekng on rob3s rwn•WIIUw. arrfl rnust rnfi Ihok onnvdly at th•AGM. Page 3
REPORT OF THE TRUSTEES FOR THEYEAR ENDED 31 AUGU3T2W25 vIII8B and > monltor prcgoss agairot th• charfvs an. Trusipg5 th •WTe that pr4ldo5 and WOL¥duros are in Fkn. The opernlhjnal fjnd ar•J unrtaInlS f•Ju Ml&wod And Wtod at th68è moèltngs bas. Th8 Intst dow d8y lo dly rnvd crf the chwTiy to a rnanagomorrt rMplg of 8 fthl Im• Opwati ¢Ir of Tn8t and IM Offlcw& A¢M68 deuvtred by qudlw rthth68 urder th& 8upwvknbJn of the Prc4•c4 Manw T•n Loodor. Annu YK¥kthopB aro ad8015 and to nder tho dhcoon. prbrftsB w¥J dovdop th• th of the dwrlty. Three arn hJ per year, atteThJed by ThB have estsilldd an Educth GonwnMloB. IndudlThJ referrer8 thgt wo wth( wlth. to th• 111 8nd 8tsff the ethrtiral needs of the yg we *ork ar Thls m••ts rewl4ty 6vwytwm and [8 Wovtthg Inwttr) InBle8s ded0 th118 aTrJ oflh• dwrfty. REFEIIENCEANDADMIMISTRATIVE DETAU 07678748 (Erwknd and Wth¥) 1142732 129A B8rk•rs La MK419RX BCBurk Py4
PROORESSABIUTY.ORG {REGISTERED NUMBEIL. 07m748) REPORT OFTHE TRU8TE&8 FOR THE YEAR ENDED 31 AUGUST2025 Ind•p•nd•nt Ex•ln•r Slanrwrd Vlay MK44 3R2 81 HvJh Streot MK40 IND Ap[¥1 by orthrLrfts t<•rd oflnMts•s 24Ayil 2tr26 ¥pwed on its behal by. B C Burka. Tn*tee
INDEPENDENT EXAIIJ14ER? REPORT TO THE TRII8TEES OF I rwllo rtrltytru8teeson myexamlnallL ofthe al>n Gnp110rOondod 31 AW2025. the charllY8 tr•B of tha Compony (and 80 It8 drofam for PWF#)8e8 rf you retr#XK Jr Havh¥ that th& o¢x4Junts rf tho CY rKA fwJlr•d to te Part 16 cltt 2Cth ar8 elgljle knr exIneOn. l In rw Lrf my W1r•bon of a0nts as caTTiod undw 8¢dion 145 of th8 CtharlUBS Act 2011 2011 Att). In ¢wryM oul my oxamtrth I havo fdlawad th• Dlredlo tyth• uTrJer 14515} (bl afth• 2011 P Sln(8 your iknrivs w Inme exc48dad£250.0 >wr 8y4nlnw bo a mwnbbr of a ligtsd brty. I c4n ¢xrfffimi that l am qu&red to uTrJerto tho be¢8U I 8 nw)ther d th8 IrAllbJto of Chartered A¢¢tJJnt•nts In EnglaNI d W•lo8. i0 oftho ffi8t•d bo(llu. qulrement the aL¥>ts a In ond falr l•Af 1$ rnt • CLThklwwJ •¥ part of an kKpdent Reo)mmended PraL¢e ljr KranIng and rewtiThJ by charlkn (aptAleat40 lo (¢$ prnp8Mg th•ir oE¢>)urrfs in +tr• a(vdancoMth the Fir4 Rwts'n9 Slarthrd pcall& wi the uK0j Reput4i¢oflrfjland IFRS 102)1 bo in INS reprtIn crI0 •naL4& a prr4)W I(ln9 ofthp a(vJunts to te rgacod. Wright Conn¢• Umw Pry Bwrw58 Park Stann8rd Way 88dfoTdghlrn MK44 3RZ 24 Apfl 2028
STATEMENTOF FINANCIAL ACTMnES VMCORPORATrIG AN INCOME AMD EXPENDITURE ACCOUIffj FOR THE YEAR ENDED $1 Auousf 2025 31A25 31.824 fvr•Js fuThls Jnds COME AND ENDOVIMENTS FROM 15.914 T4750 416,636 491M7 71750 EXPENDITLIRE OM s devdoFrnnt 421,m 440,831 Totsl 444581 511110 444.683 NET INCLWIEXPENixfuRE) 52A47 {11.689) RECONCLIATIOM OF FUNDS Total fvnds broughtfthw¥d 711832 {4942) 1310 n,1 (5.942) 72,971 5.012 11 13111 67,21JO 78,889 rAL FUNDS CARIUED FORWARD I1116 7M31 111847 nclosform part ofthe88 flnaythl Stalem
BALANCE SHEET 31M25 31.8.24 funds fvnd• 12 27232 13 7h51 110194 7h51 114725 7A78 45,671 Co8h at tnk&Yl kn hwd 7M31 118 7W1 la176 63,149 14 {1V07> (1•A071 113.181) 7m1 7IJl 7131 1I•N7 FUNDS Unrwtrl¢dfuTh 15 111M16 7,831 11W7 on131 AjUt 2025. Th¥ me18 havè not reqwed the (xry)ary kn oblan an of Itnandal 8laknYts (or Ih yallr qThJwJ 31 A12025 In a(urda wllh Sth 476 oftha Cwpanlgs 20( (al that th8 dwritsbkn ¢(smpJny a¢xYAnUry rlYd5 thal ¢(ryly Thh 386 WKI 387 of 1hg Cryanles 2008 (bl FYeparfrvJ flnmdal slat8nwnts and f1 of tho ofaffalrn of Ih ¢*•ltablo AS at th? end of epth finBndal year of Ils or deficit for y88r kn vAth I Thè notlorM partofth88e knnclal
PROGRESSABILrrYA)RO (REGISTERED NUMBEK. 076787 31 AUGUST 2023 Thts fin1 stat¢ments were •pwov•d by tho Bcrd of WKI wthulsed tr 188u8 on 24 2026 and Ib behawty. B C Buts- TnDke Th• notesfr¥m wtofihe8ellnondal 8tst¢m6nts
FOR ThEYEAR ENDED 31 AUGU8T2025 31A25 31.824 71712 (42861 74712 <4286) Puth¥• ofknwe Bets 111.0631 111.063) Clmftp In ca8h and cagh •wtr4•l•nts In 114349) Cwh ca•h •4ulval•nts at th• b•glnnlng th0 v•portlng pwl¢d 671 81.020 C8h and cwh •qulda at th••nd af 114725 45A71 Pag• 10
PROGRessABiUfYRG NOTesTO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025 31.8.25 31.824 Incom&(expondllur•) forth• r•portlry rI0 St•t•m•nt of Flnandal AdMIIMI AdJu8tm•nt* for. {11.889) 14812 14.005 1742 (9.3441 Il•t cmh wo¥ld•d byl(w•d In) 74712 {4,2861 AtIALYsf6 OF CHANGES IN NEf FUND8 At 1.9.24 N•t ¢a8h CaBh at bank In n,054 11&72S 446n P49911
NOTES TOTHE FINANCIAL 8TATEIAEiirs FOR ThE YEAR EMDED 31 AUGUST2025 ACCOUMTINO POUCIES Tho ffinandal 8t•knwnts of thg dwri1¥b Is a publc benofft uThlqr FRS 101 b• wepw&l In wlth Ij Charfleg SORP IFRS 1021 'A(aXlIng and RewtiTrJ by ClrfVe8: St•t¢mgnt of Rèc•n¥neNlgd PMcUe4 appllcbtè to (arld8s prnp&r1 tholr In th• Fkn8ndal RepNt Slarvjal applK¥blo li ts UK aTrJ Republlc of Ireland {FRS 1021 {efftiLvè 1 Janw 2019).. Hn8ndal R8FMNUrvJ Stsfth 102 Th Rngndgl Rgpcrfng Slwthrd In th• UK and RepuUk of IrdaNJ' arwj tho nèxt aThl conlinwl grant fundlrvJ the tThtgeB Ihty •dopW stratogl88 to mlwè Ih88e unwtalnUe8. near86t£ Thg tharfty IB a brnitl Ilr• In En&I8nd 8r#l Wgl881 INnknJ by guar#ntso. 08 d•fin•d ty Ihg Compardos AL 2006. Th0 th¢rfty$ oporalhm ar• rAythl8d frn, rdts 8ThJ a(>)JJnts M9knts tts $led Offi In 129A Bthrs Lw, aedhjrd. Inc4Mn• hll rwnil In tho Statwrt of Flnandal (mc• tho cl* haB tilnI lo 1M fvr•J& pthblo Ith¥ Inojmè %%41 bè rorAbMd arhl tho bo Mred rdW. beon Is that Irkxvn8 and the arTKWrt bg mpasw•d relwy.
rè In morn than ono yaar lThxme Is th rewgnl8•J In Ihg tr* It relat If
(• to it Is Ntsbab that a transf•r of •c)nornlc beneffits VAI rw4uwed in Sluem and tr allUrt ofthe oblgatkTh 01 bo mwurnd rnlw. Expwthre IB fLY 8¢XNal$ bgs ha8 b8an ¢Ilffi¢d Pwdlngs that gggegats au LY)5t to thg 190ry. Wlwre (wts ¢nncl b8 dlredly altrlx TI4•11x•d a•ts Ls Pded •tth8 folhwlng ratO8 kn oyderkn vAlteoff oAth 85EOttyrtlts 08Umaba lJI Ib, 25% rm (xwt 25% on o)Gt 25% 4)n Py12
MOTES TOTHE FINANCIAL 8TATEIEpifs. FOR THE YEAR ENDED 31 AUGusf202S TaThJe fixed as#ots arn gl•tsd at {or doemad costl Iw •c¢umul•t•d aTrJ a(X hTp8lmwnt Cost Indudes oJ8ts attrknulab&ry lo makty th9 8886t(pable dowaong 881rt8nded. llffiere assots arg acqukgd Sth fundh¥ Ilw we dowodatl o aht Ilr ba ovw 8am& PCj aB Thè drtty h a¥empt Imm (x¥porntlon tsxon ts rwlt•blJ acthlkn. Fund •ccountlng Rentals pald undw (wting Iw•s are to tho Sl&tsmnt of FknwKlg1 on a strlrt lkno bg81s OV8rth8 perd of thg kna8e, to stste[rt of FinaM1 Araivities In Ihe pwb)d to wlh relakn. DCrfted Kvx)Js rS am in inoTh at tsr f onty th•n 4rAnk wobatA8. It (¥n be mea5u1 oryjthg thwlty has c<)nlrd ¢)verth8 Aenk Debtors ar ardlors with no slated intsrest rate and loblO ty pay¥bb within yo¥ are rec(xdwJ al No jUdgftts lapBrt trom t)0 Inbrlvlng g$1knth1 hav• b1 madè In Iho wor88 rl ap9 4iK DOMAThJN8 AND LEGACIE8 31.824 1151 33,179 Grants 35,330 15,914 P• 13 ¢>J)Unuth1...
NOTE8TOTHE HMANCL4L STATEMEpifs. ¢onllN*d FOR THE YEAR ENDED 31 AiIGU8T 2025 IIIVEsfMEiif 14COME 31A24 a6 r88ts18d 31A25 31024 411056 71750 416,636 1818ee ts6) 4JS,136 489,001 EfiNCOMEIIEXPENDmiR Not lrwmellw4djTr) Is slthlaftw 25 31.&24 IrMJ•pwthnt Exarnlthfo• 14012 14,005 10,461 PAue 14
PROGRESSABIUTY.ORa PXITES TO THE FINANCL4L STATEMENTS. ¢ontlN¥d FOR THE YEAR ENDED 31 AUGU8T 2025 31 AW2024. no InffjtoB¢ eNpenE•s F4kl fryth• w¥JwJ 31 W2025 fKYtrlho rdl 31 Aytst%)24. STAFF COSTS 31A25 31.8.24 Wag•A #nd 88lari88 329.9 21.144 10.451 Olharpan8lon (xjsts 11.M1 331,439 31.&24 Arolinu4Su¢c8B8 knknlstrntion 10 13 13 In the year to 31 August 2024 the abyrfa n•t of a t(al of 119 ¥(h h•s been In trot yw. A split gftrw costs are as foknwts: £342 Totsl remunerakn pold to W m*gwnent for tr• ended 31 AtyU8t 2ry25 aM¢Mm to £67.631 {2024£98,61 P8gè15
NOTES TOTHE FP4ANCIAL 8TATEMENT8. conlknu•d FOR THE YEAR ENDED 31 AUGU8T 2025 fiJrKI8 COME AND EMIXIYIIIENTS FROM 1514 15914 413.056 Totsl 429A14 432,9PA EXPEMDmiRE ON 4.052 436.1É6 440.631 440,218 4.465 (10.WJ4} {8851 (1,5851 (11.e89> N•tmmm•nt kn fund• 19219) {1470) (11.689) Totsl lunds brought fon¥•d 68.197 5.912 72,977 5,912 74.109 1310 67WO 11. was mad& wther4 th• tlnandal ststamwts eThJ8d 31 fv4u8t 2021 t was ov•rntst•J by £5.912 and pr•payThents V+pr• und•ratsd ty anKxmL The of •wor m•anl thal unrestrktsd FBsorffi wer• L4Trr5tated by £5812 tr tho Ih)arnlal 31 Aust2021. 2022 arvj 2023. Tho wopaymnt 8hould have IxysWiBed In th• 31 2024 but th• f8r0 #J n7ak• thIB adJuEtrn¢nt fesultsd in th• rgnl chargad *>r thè ppriod M¥j uThlwsithl by th[8 amourt A furtFw ernr WA8 mad8 kn 2024 P16
PROGRE8SAgILrrYJJRG NOTE8 TO TrIE FIIIANCIAL STATEIAEpifJ. Gonlknu•d FOR THE YEAR ENDED 31 AUGUST 2025 12. TAMGIBLE FIXED ASSErs Plant and 39,741 133,5119 At31 Ajust 2025 39,741 24511 1¥167 At 1 SoFrtombw2024 .781 14612 At 31 W 2025 1W09 NEf BOOK VALUE At 31 2025 4617 133n A131 A8t 2024 10.104 27232 11 DE8TOR8: AMouirr8 FALUNG Di WITHII ONEYEAR 31M25 31A24 Trade d•blLVS Ofvrdgbt(XS PropayTnents 231 i.(fjo 6247 7.478 1& CREDTfoRS: Amouwfs FALLI4G DUEwrrHIM IJNE YEAR 31A25 31.824 Sodal sgcurfty and otherta Olher cnditOT¥ 3,671 19.W7 13.181 PwJg 17 conllrxd_
FOR THE YEAR ENDED 31 AUGUST 2fflS 1& IA)VEMENT W FUNDS At 1.924 adluslrnent In funds 31.825 unrnltr1c (4942 PPE EquIiy Lako 2302 (1¥) eo 2J10 5M21 7031 71142 11047 R?Jr ftKKI$ Genoral fund 1A07 (44SM) PPE Equlprnent (1 161.(W) 14870} Lake I100 11.750 71710 (673291 4521 rAL FUILIS (511,110) 52A47 At 1.923 adfvstrnwrt funds funds 31.824 Gonerol fi4 68.197 5.912 (lo.4) A8991 puTcha80 arwj {1A851 10051 2202 (885) (1,5851 1310 TOTAL FUNDS 72.977 5,912 (11.689} 873 Pap 18
IIOTES TO THE FINANCIAL 8TATEMEiifs. cDnllnu•d FOR THE YEAR EMDED 31 AUGUST 2025 1& MOVEMEMfiN FUNDS.¢gntlMMd Comp¥thè net rnov•wrt in tWKIB. IrKkn•J In th• aLv40 ar• as fi)lo 429.414 {440218) {111&)41 PPE Equlwrnnt 18551 (3,) 1805) 3,58i1 14.465 {885) TOTAL FUNDS {444.0831 (11,689) Th• indfvPJJal r8strl¢tsd •Jnd5 havo up to arr0 th#1 ewdknre agalnst grants ljr r•slricl•d Pag• 19