COLLEGE OF LABORATORY ANIMAL S
IEf4CE AIW TECHNOLOGY
eratin
as CLA
CHARrfABLE INCORPORATED O
ANISATION NO. 1162719
F￿ANCIAL STATEMENTS
ST
FOR THE PEIUOD ENDED 31 JULY 2025
KtNG LOOSE & CO
ACCOUNTANTS
ST JOHN'S HOUSE
5 SOUTH PAIi4DE
SUMMERTOWN
OXFOttD OX2 7JL

CLAST
FINANCDIL STATEMENTS
FOR THE PERIOD ENDED 31- JULY 2025
co
Pagc
Charity Infotination
Trustees, Report
Statement of Trustees, Respotksibilities
2(b)
Independent Examiners Report
Statsment of FirEancial Activities
Balance Sheet
Notes to the Financial Statement5

CLAST
FIN
CIAL STATEMENTS
ST
FOR THE PERIOD ETrIDED 31 JULY 2025
LEGAL AIW ADMINISTRATIVE INFORMATION
Trustees
K A Applebee OBE
D S Spillane
P A Flecknell
S E Wells
N Dennison
G Childs
Chair
Charitable Incor
orated
anisatioj) No:
1162719
istcred Offiee
5 South Parade,
Summertown
Oxford
OX2 7JL
Bankers
National Westtninsier Bank PIC
30 Fligh Street
Chippenham, Wilts
SN15 3HB
Inde
endent Examiner
Mrs H C Fanthome FCA
King tA>ose & Co
St John's House
5 South Parade
Suinm¢rtown
Oxford
OX2 7JL

CLAST
TRUSTEES, REPORT FOR THE PERIOD ENDED 31sf JULY 2025
The Tnjstees present their annual report and financial statements, for the period endcd 31# July 2025. The financial
ststements have been prepared in accordance with the accounting policies set out in note I to the ac¢ounts and
¢omply with the ¢harity'S constitution, the Chariti¢s Act 2011, and Accounting and Rcw)rting by Charities..
Statement of Recommended Practicc applicable to ¢harities preparing their accounts in a¢cordance with the
Financial Reporting Standard applicable in the UK and Republi¢ of Ireland- Chariti¢s SORP (FRS 102). and the
Financial R¢porting Standard applicable in the UK and Republic of Ireland (FRS 102).
Structure Governance and Mana
ement
In accordance with the constitution, the first Trustees are appointed for defined t¢ms as follows:_
First Trustees
K Applebe¢
D S Spillane
for 4 years
for 3 years
Additional Trustees
P A Flecknell
S E Wells
N Dennison
G Childs
Apart from the first Trustees, every Trustee must be appointed for a temi of 3 years.
Where new Trustees are appointed, the existingTru5tces must make available to the appointee a copy of the current
conslitution plus the latcst Annual Report and ststements of account.
Future Trustees will be apwinted by the Board following selcction b￿d upon their professional Skills and iheir
willingness lo serve. 1.here is no fomlal training policy.
Thc charity is organised such that the Trustees meet and converse rcgularly to review strdtegy and to generally
overse¢ its affairs. All Trusl¢es participate equally in the running of the Charity. Whilst not employed by the
Charity itself, the services of an administrator are paid for by the Charity to cover accounting and administrative
functions.
Ob ects and Aims of the Chari
ineludin
Public BeDcfJt Statement
The Charity's principal activity is the promotion of excelleiice in the wclfare of animals in science by the provisio
of higher education for animal car¢ staff and others who work in scienc¢.
The aims of t]ie charity to further these objects are to..
(a)
provide the setting and resources for students to engage in the study of laboratory animal science.
technology and welfar¢'
ro￿rgart[s￿te￿ChIn￿rogrllrnMe￿&nd-Iutoria]-Supp0rt-to.prcParQ-StUdeUts-fOr-hlgher-ed￿catIOn
qualifications or CPD certificates in laknratory animal science. technology and welfare;
carry out assessment associated with the teaching progiammes in accordance with the requir¢m¢nts of
cxlernal awarding bodies-
establish and Inaintain an online resource to assist students to keep up to date with rclevant topics.
gather, publish and disseminate literature on animal welfare and related topics.
¢stablish an online distsnce learning option to increase the availability of the course offering thereby
increasing the number of students attending the courses in keeping with our objcctive.
(¢)
(d)
(e)
(fj
In considering th¢se aims and objects, the Trustees have reviewed the guidance issued by the Charity Commission
in relation to public benefiL and considcr that the public bencfit test continues to be satisfied.

2(a).
CLAST
TRUSTEES, REPORT FOR THE PEIUOD ENDED 31ST ￿uLy 2025
Activities to Achieve Aims
In furtherance of these aims the Charity has organised and delivered 22 units of the Institute of Animal
Technology* Higher Education qualifications in Laboratory Animal Sciencc and Technology.
CLAST received a total of l O new diploma registrations bringing the currcnt total to 70, with 12 of those
students cotnpl¢ting one level and moving up to the next. CLAST also received 14 mor¢ CPD candidatcs and
some of the 23 who registcred the year before l)ave since registered for more units. The registrations came
from a totsl of 36 institutes totalling I16-unit registrations overall. We arc still predominantly receiving
registrations from the south of the UK, despite attempts to encourage greater uptake from other regions. We
hav¢ also received greater uptake in South Africa too.
The HE courses CLAST offers have been advertised in specialist animal science and technology publications,
website5, social media and by e-newsl¢tters.
The CLAST websits www.clast.or
which serves actual and potential students. continues to be improved
and updated.
*The Instilule ofAnimal Technology is a Re￿stered Ofqual Awarding Organisalion (RecognilEOn Number..
RN5252) and iheir HE qualificaiions are on boih the National andEuropean Qualification Frameworky.
Achievements and Pcrfortllanee
The Trustees consider that the perfomiaftce of the Charity in these early years of operation. has been sound.
Financial Review
The Charity's principal ￿ndIng source is fees from s￿dents. Sinc¢ deregi5tering for VAT, the cost of courses to
students has become morc affordablc. this, however, is at the expense of effective Cost incr¢ases where purchase
VAT can no longer be recover¢d.
Expenditure is kept under tight control. This reflects the careful husbandry of re50urc¢s whilst seeking lo provide
library and other study resources for students, ai)d financial management and reporting. This expenditure has
helped to achieve the aim5 set out above and resulted in th¢ specific achievements noted.
Reserves Polic
The Charity's unrestri¢ted general funds showed a deficit of £27,563 (2024.. surplus £27,222) at the period-end.
The need for day-to-day working capital is met by careful management of short-lcm) liquid resources in the
absence of sulricient free reserves in these early periods of activity.
The Trustees consider that fi¢e reserves amounting to three month's operating costs would be prudent and
advisabl¢ in order to cover the risks and uncertainties of operating as a foundation for higher education. Their
)licy is therefore to build up cash r¢serves out of annual operating surpluses and/or specific donations for this
purpose until the intended level of free res¢rves is reached. and Sustained.
Future Plans
CLAST Trustees hav¢ switched the empha8l8 from delivering ¢ourse5 bas¢d primarily on completion of full
diplomas to providin
ex
anded CPD o
ortunities, which hopefully will attrdct mor¢ students.
Due to financial constraints. courses will only run provided they do cover all their ¢osts. the implications of
which is that CLAST has limited th¢ number of course5 run to reduce expenditure and increas¢ income. The
move to delivcr as many cours¢s as possible via online l¢aming only, will again reduce expendi￿re and
hopefully increase student take-up, as online learning is very popular for individuals in full time employment.
Marketing expenditure is being kept to the absolutc minimum, ¢oupled with suspension of further
developincnts of the website and any t¢a¢hing material for new courses. all of which will reduce Cxpenditure.
The Trustees hope these measures and the emphasis towards standalone CPD courses will help to ¢nsur¢ the
long-term financial viability of CLAST as a provider of HE Cducation in our sector.

2(b).
CIAST
TRUSTEES.
RT FOR THE PEIUOD ENDED 315T
Y 2025
Risk Man#
ment
The Trus￿eS have examined the major strategic, busincs$ and 0￿rallOnal risks which the Charity f￿e5 or rnay
facfy and confimi that system5 are in place to enable regular rep)Ats to be produ¢¢d, so that the newsary st¢ps
can be taken to lessen any such risks.
Statement of Trustees, Res
Th¢ Trustees are requircd by law to prepare financiat statements for each fill8￿¢]01 year which give a trne and fair
view of thc stste of affairs of the Ch￿lty, ond of its results forthat PUi(KL It] prepasing thos¢ financlal statements,
the Trustees rcquired to..
Select suitablc aw)unting w)licies and theD apply them consistently;
Observe the methods and principles in the applicablc Chatities SORP;
Make jud8etnents and estimatcs that are reasonable prudent.
S(ate whether applicable accouDtsng 5tatths have been followed subjttt to 8￿Y material departures
disclosed aJJd cxpiained in the financial ststements",
Prepare the financial stslen￿nts on the going concern bL%is unless it IS iDapproixiaie to pre8uTh￿ that the
Chatily will Lontinuc in busin&ss.
The Trustees r&swllsible for keeping prO￿r accounting records which disclose with rcasonable ￿cUracY at
any tim¢ th¢ fiEw]cial posilion of the charity. and to enable thetn to ensure that tho financial s(arements cotnply
with the CoDstituiion. the tharities Act 2011 and the applicable Chatilies SORP. They are also resp)nsibl¢ foT
safeguarding thc assets of the ch￿ttY and hence for taking rcasonable sleps for thc prcvention and detrction of
fraud and otlKr i￿egu1￿1tic$.
The TTUStecs are responsible for the Mointenar￿ and inte￿Ity of the Ch￿ilY and financial inforniation includcd
on the charity's wcb5ite in Accordance with l¢gi51atton in the United Kingdom governing the pteparntion and
di&%emination of financial $￿eMents.
Signed by order of the Thtste¢s
' Mr. K. A. Applebee.
Chair
Date

CLAST
INDEPENDENT EXAMINER.
REPO
FOR THE PEIUOD ENDED 31- JULY 2025
I report on the accounts of the charity for th¢ period ended 31 July 2025, which are set out on pages 4 to 9.
ective res
onsibiliti¢s of tbe trnstees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustee5 Consider that an
audit is not required for this year under Section 144(2) of the Charities Act 2011 (the 2011 A¢1) and that an
independent examination is needed.
It is my responsibility to:.
Examin¢ the a￿untS under Section 145 of the 2011 Act.
to follow the procedures laid down in the General Dirc¢tions given by the Charity Commissioner
under Section 145(5)(b) of the 201 IAct' and
to state whether particular matters havc come to my attention.
b)
Basis of inde
endent examiner's re
ort
My Cxamination was Ca￿led out in accordance with th¢ general directions given by the Charity Commissioners.
An examination includc5 a review of the accounting records kept by the ¢harity, and a comparison of the
accounts presented with those r¢cords. It also includes consideraiion of any unusual items or disclosures in the
accounts, and s¢eking explanations from you as trustees con¢¢rning any such matters. Thc procedures
undertaken do not provide all the evidence that would be requir¢d in an audit. and consequently no opinion is
given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out
in the statement below.
Jnde
endent examiner'5 Statement and matters that have been brou
I have completed my examination.
The following matter has been brought to my attention:_
In order to enable a proper understanding of the accounts to be reached. I consider that attention should be drawn
to the state of the charity's balance sh¢¢t at the y¢ar end date, and to the steps being taken by Trustees to redress
this Situation. as given in the Trustees, Report under FutUTC Plans.
Having taken th¢ above into account. there are no other matters..
b¢tom
attention
(i)
which gives me reasonable cause to believe that in any material respect the requirements
to keep accounting records in accordance with Section 130 orth¢ 2011 A¢t' and
to prepare account5 which accord wilh the accounting records and to comply with the accounting
requirements of the 2011 Act
have noi been met.
(2)
to which. in my opinion. attention should be drawn in order to enable a proper understanding o
accounts to be reached.
King Loose & Co
St John's House
5 South Parade
Summertown
Oxford OX2 7JL
Mrs H C Fanthome FCA

CLAST
STATEMENf OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 31sf JULY 2025
SUMMARY INCOME AND EXPENDITURE ACCOUNT
Unrest-
ricted
Funds
2025
Desig-
nated
Funds
2025
Unrest-
rieted
Funds
2024
Desig-
nated
Funds
2024
Total
Funds
2025
Total
Funds
2024
Note
Income & endoivments from:
Voluntary in¢ome
Income from charitabl¢ activities
3 109.033
109,033 116,847
116.847
Total Ineome & Endowments
109,033
109,033 116.847
116,847
enditure on:
Charitsble Activities
Costs of chari¢able activities
4 130,430
5 33.388
130,430
33,388
95.179
20.917
95,179
20.917
Support Costs
Total Resources Expended
163.818
163.818 116.096
116,096
Net (ExpenditureyIncome for the
Period, before transfers
8 (54.785)
(54,785)
751
751
Transfers between funds
Net movement in fuiid5
(54,785)
(54,785)
751
751
Fund Balances B/fivd
27,222
27,222
26.471
26,471
Fulld IDeficitySurplus Balances Clfwd
(27,563)
(27,563) 27,222
27,222
er reco
of financial activities.
ised
ains or losses in res
ect of 2025 or 2024, other than those reflected in the Stat￿n¢￿t
The notes on pages 6 to 9 forni part of these accounts.

CLAST
BALANCE SHEKf AS AT 31Yr
CHARfTABLE INCORPOIL4TED ORGANtSATION NO: 116271
Y 2025
2025
2024
Note
Current A55ets
Dcbtots
Cash at bank
1,966
49,801
18.260
21304
51.767
CreditOTS".
Amounts faUiDg due in one year
io
49.867
24.545
Net Current (LiabilitiesVA55ets
{27.563)
27.222
Totgl knets less Current L1gbiliti￿,
belng Net Assets
(27.563)
27,222
Re
UDrcstrieted Funds
-Gcncral funds
-DeSIgnat￿ Funds
(27.563)
21.222
12
(27,563)
27,222
Approved b
Trustee5 on a16L hA y 2026 gnd signed on its behalf by:
Mr G Childs
Mt K A Applebee
The notes on pages 6 to 9 part of these accounts.

CLAST
NOTES TO THE FtNANCtAL STATEMENTS FOR THE PERIOD EM)ED 31- JULY 2025
Accountin
Policie5
(a)
Gener21 Information
These financial statein¢nts have b¢en presented in Pounds Stsrling as this is the currency of the
primary economic environment in which the Charity oFrates.
(b)
Basis of preparation
Th¢ accounts (financial statements) have been preparcd undcr the historical cost convention
with items recognised at cost or transaclion value unless otherwis¢ stated in the relevant note(s)
to these accounts. The financial statements have bccn prepared in accordance with the Statement
of Recommended Practice.. Accounting and Reporting by Ch￿'ItieS prcparing their account5 in
accordance with the Financial Reporting Standard applicable in the UK aiid Republic of Ireland
(FRS 102)- Charities SORP {fRS 102)- and the Fina]Icial Rcporting Standard applicable in the
UK and Republic of Ireland {FRS 102}; and the Charities Act 2011.
The charity consti￿te$ a public benefit entity as defined by FRS 102.
Th¢ charity has taken advantage of the exemptions available to it on the grounds of sizc, and
has not prepared a cash flow statement.
(c)
Activities
The financial statements include the results of the charity's opcrations as described in the
trustees, report.
(d)
Income recognition
Income of all kinds is accounted for wlien rcceivable, i.e. in the period in which the charity is
entitled to receipt, it is probable that the income will be receivcd and thc aiyjount of income
receivable can be measured reliably.
Where s¢rvi¢es are donated to the charity, or costs are paid for by others on b¢half of the charity
without reimburs¢m¢nt being sought, such iteins are recognised as donated income and the
relevant ¢ost similarly recoTdcd according to its expense category.
(e)
Expenditure recognition
Liabilities ar¢ recognised as expendi￿re as soon as there is a legal or ¢onstruetive obligation
committing the charity to that expenditure, it is probable that settlement will be Tequired and t]Ic
amount of the obligation can be reliably Ineasured.
Expenditure 15 iiicluded on an accruals basis and has been classified under headings that
aggr¢8ate all costs related to the category.
All core cost categories are regarded as being of a support nature to the Charity's principal
activity, as dcscribed in the Annual Report. It is anticipat¢d that any future specific projects
will be covered b
restrict¢d funds- i.¢. funds raised specifically for that project.
(fj
Financial assets- classified as basie financial instruments
i) Cash and ¢ash equivalents
Cash and cash equivalents include cash in hand, deposits held with banks. and other short
terni highly liquid investments with original maturities of three inontlis or less.
ii) Trade and other receivables
Trade and other receivables ihat are receivable witliin one ycar are measured at the
undiscounted ￿￿Ount of the cash expected to received. net of any iinpainneiit.
iii)Trade and other payables
Trade and other payables that are payable within one year arc measured at th¢ undiscounted
amount of the cash expected to be paid.
Translation of Foreign CurreD¢ies
Monies received and expended iii foreign currencies are accounted for at the rate of exchangc
prevailing at the date of the transaction.

CLAST
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31- JULY 2025
(h)
Fund Accounting
Funds held by the Charity are either..
Unrestricted General Funds-these a￿ funds which can be used in accordance with thc
charitable objects at the discretion of the Trustees.
Designatsd Funds- these are funds set aside by the Trustees out of unrestricted general
fijnds for specific fvture pU￿OSeS or projects.
Designations out of unrestricted generdl funds are reflected as transfers inthe Statement
of Financial Activities.
Futther explanation of the nature and purpose of each fund is included in the notes to the
financial statements.
(i)
Going Coneern
The finan¢ial ststements have been prepared on a going Concern basis.
The current economic conditions present increased risks for all businesses. In response to such
conditions, the dire¢tors/trustecs have carefully wnsidered the5c risks, including an assessmcnt
of uncertainty on fvture trading projection for a period of at Icast 12 montlis from Ihc date of
signing the financial statements, and the extent to which they might affect thc preparation of the
financial stateinents. As any other basis of preparation would see no changes required to the
balance sheet fomiing part of these accoun￿ the trustees are satisfied that the going concern
basi5 remains appropriate.
2. Volunta
Income
2025
2024
Unrestricted
Funds
General
Unrestricted
Funds
General
Total
Funds
Total
Funds
Donations
3. Income from Charitable Activities
2025
2024
Unrestricted
Funds
Gelleral
Unrestricted
Funds
General
Total
Funds
Total
Funds
s￿dent fee income
109,033
109.033
116,847
116.847
osts￿£chantabme Activities
2025
2024
Unrestricted
Funds
General
Unr
tricted
Funds
General
Total
Funds
Total
Funds
Pro
ram Costs
Lecturers and tutor costs
Direct course costs
Program director costs
98.665
4,081
27,684
98,665
4.081
27,864
55,815
9.979
29.385
55,815
9,979
29.385
130,430
130.430
95,179
95,179
None of the costs shown above were met from the Desi￿ated Funds (2024: £nil)

CLAST
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERJOD ENDED 31- JULY 2025
S. Other Su
Costs
2025
2024
Unrcstrict
Funds
General
Unrestricted
Funds
Gen¢ral
Total
Funds
Total
unds
General Course Development
Advertising. mark¢tin8 & exhibitions
Meetit)g expenses
Adtninistrator's costs
Independent eX￿niner'S fees
Professional indemnity insurance
Printing, Postage, Stationery
and Computer Costs
Bank cliarges
16,126
10,414
3,048
16,126
10,414
3.048
15,118
1,421
450
15.118
1,421
450
960
2,488
960
2,488
1,200
2.412
1,200
2,412
306
46
306
46
276
40
276
40
33,388
33,388
20,917
20.917
None of the costs shown alx)ve were met from the Designated Funds (2024 £nil)-
6. TraDsfers between funds
There were no transfers between fvnds in 2024 or 2025.
7. Staff Co$
Th¢ Charity has no paid cmployees.
8. Net Ex
enditsre for the Period
2025
2024
The surplus of expenditure over Income
is stated after charging:
lJ]dependcnt examiner's fees, incl. I￿e¢OVe￿b]e VAT
Bank interest and charges
960
46
.200
40
9. Debtors
2025
2024
Stttdentrftvdebto
Prepayments & accrued income
4.044
1,966
4,044
1.966
10. Creditors: Amounts Fallin
Due in One Year
2025
2024
Other creditors and accruals
Deferred incoinc
49,367
500
21.945
2,600
49,867
24.545

CLAST
ST
NOTES TO THE
ANCIAL STATEMENTS FOR THE PERIOD ENDED 31 JULY 2025
ii.
Unrestrictsd Funds- General
Movement in Resources
Ineomin
01108124 & Transfs
Out
oin
& Transfs
Balance
31107125
Unrestricted Funds
General Funds
27,222
109,033
163.818
(27,563)
li
UDre5trieted Funds- Desi
nated
Movement in Resource5
Out
Balanee Balan¢e
IDeomin
oin
01108124 & Transfs
& Transfs
31107125
Fund for online course developm¢nt
13.
Totsl Fund Movements
Movement in Resources
Incomin
01108124 & Transfs
Out
oin
& Transfs
Balance
31107125
General Fund5
Designated Funds
27,222
109.033
163,818
(27,563)
27.222
109,033
163.818
(27,563)
14.
Reconciliation of Movement in Shareholders, Funds
College of Laboratory Animal Science and Technology, being a charitable incorporated organisation,
has no shareholders. tt is. therefore, inappropriate to include a reconciliation of the movements in
shareholders, funds.
15.
Anal
sis of Net Assets between Funds
Both unrestricted fund categories - general and desI￿at¢d - are wholly represented by net current
ssets/.liabilities
i&
Commitments
In the opinion of the Trustees. there were no outstanding capital committnents at 3 1st July 2025.
17.
Trustees. Ex
enses
None ofthe Trustees received expenses or fees. occasional cost reimbur5emenls are madeto the Trustses
wh¢re they hav¢ incurred expendilure on bchaif of the Charity.