REGISTEREO COMPANY NUMBER: 10161153 {England and Wales) REGISTERED CHARITY NUMBER.. 1171301 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 FOR HADSGROVE EDU ATIONAL TRUST Charles Lovell & Co Limited Chartered Certified Accountsnls and Slalulory Audilofs 8 Church Green East Redditch Worcestershire B98 8BP
CHADSGROVE EDUCATIONAL TRUST CONTENTS OF THE FINANCIAL STATEMENTS For The Year Ended 31 AUGUST 2025 Page Report ol the Twslees 1 to 4 Independent Examinerfs Report Sialemenl of Financial Activities Balance Sheet Cash Flow Statement Notes lo the Cash Flow Statement 10 Notes to the Financial Statements 11 to 16 Detailed Slalemenl of Financial Activities 17 to 18
CHADSGROVE EDUCATIONAL TRUST REPORT OF THE TRUSTEES For The Year Ended 31 AUGUST 2025 The trustees who are also directors of the charrty for the purposes of the Companies Aet 2006, present their report with the financial slalernents of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Chaiities" Slalemenl of Recommended Practice applicable lo charities preparing Iheif accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191. OBJECTIVES AND ACTIVITIES ObJectlveG and airns Chadsgrove Educational Trust Specialist College (the College} prOVeS ac¢ess lo dynamic provision and activities that effectively meet the individual needs of young adults with physical disabilities andlor complex medical needs together with assoeialed learning, sensory, and communication difficulties.The College is a 19-25 provider in 8romsgrove, Worcestershire that offers high quality education and leaming opportunities. biinging together a wealth of experience and innovative. altemalive visions of the polentsal in young adults with complex needs. Publle benoflt In carrying out the objectives as described, Ihe Board of Trustees feel Ihal the ¢harity has complied with ils duty in section 17151 ol the Charities Act 2011 to have due gard lo publ benefi't guidance published by the Charity Commission. ACHIEVEMENTS AND PERFORMANCE Charitable actlvltles During the year ending 31 August 2025 the College had 13 students on roll. All students at the College follow either a Seekers or Explorers Curriculum Pathway - both of which are personalised lo the student's individual needs. with opportunities lo expenence activities from both pathways where appropriate The College curriculum follows the 4 key areas of the Prepanng for Adulthood Framework (Health, Community, Independent Living Skills. and Employrnenll. Each area of learning is intrinsically designed lo prepare students lo live as Independently as FssIble in life after College. Communication Is the core fo¢us threaded throughout the 4 areas of the Preparing for Adulthood Framework Working with a professional multidisciplinary team of therapists where necessary, students have benefited from accessing Hydrotherapy. Rebound Therapy, Music Therapy. Occupational Therapy, Speech and Language Therapy, together with a range of additional tailored sensory therapy activities which have been developed lo support students lo achieve their specific targets. Al the end of this academic year, all third year students achieved their personal largels and suceessfully transitned on to their chosen destinatK•ns after completing their 3 year placement at Chadsgrove College. The introduction of 2 new WAVS Iwheelchair AssIble Vehicles) during the year has had a Iransformalive impact on the experiences, learning opportunities. and the independence of our students. Over 1000 miles from nearly 80 journeNork covered Students visited places such as Gloucester, Siralford Upon Avon, and Bimiingham. as well as regular shorter journeys wilhin the Bromsgrove area. Students have been able to engage In many more local community aclivilies. including shopping al the local supermarket, visiting leisure centres for fitness aclivitres. volunteering al the local community cafe, supporting local heritage projects and partaking In the local Christmas Market These expenences have helped 10 1ncrease confidence, independence and social inleraclion. whilst promoting dignity, Choi and equality. by enabling more of the students lo travel together as peers in vehicses designed to meel their needs. As the WAVS are smaller than the traditional minibuses previously hired from school the vehiCS are easier to park in car parks and makes popping lo the shops lo purchase resources for enterprise projects and lessons a lol more convenient. Plan5 are in place lo travel furthei afield in 202512026 Page 1
CHADSGROVE EDU ATIONAL TRUST REPORT OF THE TRUSTEES For The Year Ended 31 AUGUST 2025 FINANCIAL REVIEW Financial position The financial slalements show nel incoming resources for the period ended 31 August 2025 of £133768 131 August 2024. £2881781. The principal sources of income are from the Department for EdUcatn and Local Aulhorilies.The directors deployed all nel incoming resources lo the development and growth of the provision for 19-25 year olds with physical disabilities and, or. complex medical needs in Worcestershire. During the year ended 31 August 2025 the College has intensified its efforts to identify and secure a suitable property lo be an Independent Living and Learning Hub. An agreement of financial backing was received from Worcestershire Local Authority and an offer was placed on a local buikJing, which subsequently proved lo be unsuitable We ¢onlinue lo search for appropriate prnISes and endeavouf to complement a propOrtn of our funds in reseNes. along with sUPPOrt from the Local Aulhonty and charitable donations. lo facilitate our expansion As an educational charity, we enjoy tax exemption from our educational activities and on other income, provided il is applied for our charitable aims, which il ahvays will be. As an educab'onal charity, we are unable lo reclaim VAT input tax on our costs The Iruslees have sel a budget fof the next financial year and regularfy VIeW the financial position of the College. At 31 August 2025, the College had nel reserves of £852301 12024. £718533) and a cash al bank balance of £87245212024, £8456721 Reserves pollcy The Iruslees regulady monitor the charity's reserves in light of risks and general operatnal need. 11 is the ¢harity's policy that unreslricled funds should be maintsined al a level sufficient lo Cover a reasonable proportion of the following educational year's expenditure. this has been maintained throughout the perioc* for review. The Iruslees consider the eharity's current reseNes sufficient to enable the chanty lo continue ils operations and fund immediate future activities and planned changes. FUTURE PLANS The College is cUrn11Y located on the grounds of Chadsgrove Sch¢Jol in a converted building with limited space. To expand the provision further. for up lo 25 students. the College is looking lo secure additional larger premises on a different sile, either a new build or conversion ol an existing building. preferably in the North Worcestershire area. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by ils governing document. a deed of trust, and n$b"luteS a limited company, limited by guarantee. as defined by the Companies Act 2006 Organisational structure The trustees are responsible for the overall managemenl and control of the College and meet regularly. The day lo day running is delegated to Rebecca Gayden (VI Principall. who reports back to the Iruslees both informally and al the meetings Page 2
CHADSGROVE EDUCATIONAL TRUST REPORT OF THE TRUSTEES For The Year Ended 31 AUGUST 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management The Iruslees are responsible for the overseeing of risks faced by the College. Detsiled consideralions of risk are delegated lo the management of the College Risks are identified, assessed and controls established throughout the year, and formal policies have been introduced lo deal with all the key risks il faces. The main risks that the trustees have Identif and the plans lo mrtigale those risks are.. Reputation. The College's success is built on tts reputslion for the education and well-being of the 19-25 year olds attending the provision. We manage this through extem81 advisor visits, internal monitoring, and through compliance with VarU$ policies including Safeguarding. Safer Re¢rurtment and Code ol Conduct. The College is inspected by Ofsted and was rated 'Oulstanding' in March 2022. Finances. The ability lo continue lo provide an appropnate education curriculum and enhancement activities for our young people, all of whom have complex needs, is dependent on funding from the Education and Skills Funding Agency IESFAI, Worcestershire County Council IWCCI and olhef Local Authorities ILAS) and so the College is al fisk if the ¢rilena for receiving that funding are changed The availability of the funding is kept under review by close liaison with the ESFA and WCC and olhei relevant LAS Sludenl roll. The Colle9e's strategie plans are based on a minimum of 10 students on roll each academic year. The Iruslees and the Vice Principal Carefully plan and feview placements to ensure that available places are filled such that sludenl numbers are sullicient and do not fall below 10 Shouky numbers fall to an untenable figure, our Reserves Policy would come into force lo eovei any shortfall in income, whilst the College liaises with Local Authorities to fill spaces. Loss of experienced key staff. Given the complexrty of needs of the students al the College. loss of experienced key staff could have a detrimental impael on the students. Whilst the key staff have remained stable over the past year the Iruslees and Vice Principal carefully manage any potential changes lo stsff and have rigorous procedures in place for staff recruilmenl. Investment Is made into staff training which is delivere¢J Ihrou9h robust training plans whh continually develop staff knowledge and skills to aid their competencies. Through the risk management processes established for the College. the Iruslees afe satisfied that the major risks identified are adequately miligaled where necessary. 11 is recognised that systems can only provide reasonable, but not absolute, assurance that major nsks have been adequately managed. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 10161153 (England and Wales) Reglstered Charity number 1171301 Registered office Meadow Road Calshill Bromsgrove Worcestershire B61 OJL Page 3
CHADSGROVE EDUCATIONAL TRUST REPORT OF THE TRUSTEES For The Year Ended 31 AUGUST 2025 Trustees Mrs D Rattley (reSned 8 10.20251 Ms F Williams Iresigned 31.8.2025} R Dill-Russell (resigned 27. 1.20261 Ms D Garland (resigned 1.4.2025) Mrs R A Gardner P E Sugg lappoinled 19 1.20261 Miss L V Hill18ppoinled 1 9 2025) Independent Exarniner J T Harris FCCA Charles Lovell & Co Limited Chartered Certified Accountants and Slalulory Auditors 8 Church Green East Reddilch Worcestershire B98 88P Reglstered Bank Ac¢ount Bank. Barclays Bank UK PLC Account Name.. Chadsgrove Educational Trust Sort Code 2045-45 Account Number.. 83316661 This report has been prepared in accordance wlh the spec1 provisions of Part 15 of the Companies Act 2006 relating lo small compani8S. Approved by order of the board of Iruslees on 21 May 2026 and signed on ils behalf by. P E Sugg - Trustee Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHADSGROVE EDUCATIONAL TRUST Independent examinerfs report to the trustees of Chadsgrove Educational Trust (Yhe Company'l report lo the charty trustees on my examination of the accounts of the Company for the year ended 31 August 2025 Responsibilities and basis of report As the charity's Iruslees of the Company land also its directors for the purposes of company lawl you are resFX)nsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 I'the 2006 Acfl Having satisfied myself that the a¢counls of the Company are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 I'the 2011 A¢YI. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145151 Ibl of Ihe 2011 Act. Independent examlner's statement Since your charity's gross income exceeded £250,OCNJ your examiner musl be a member of a listed body I can confirm that l am qualified to undertake the examination be¢ause l am a member of the Association of Chartered Certified Accountants. which 1$ one of the listed bC4j$. I have ¢ompleted my examination. I confim that no matters have come lo my attention in connection with the examination giving me cause lo believe.. accounting fecords We not kept In resF*Ct of the Company as required by Sects'on 386 of the 20Ck8 A¢l,' or the accounts do not accord with those records., or the accounts do not compty with the a¢counling requirements of Section 396 of the 2006 A¢1 other than any requirement that the accounts give a Ifue and fair view which is not a matter considered as part of an independent examination". or the accounts have not been prepared in accordance with the methods and principles of the Sialemenl of Recommended Practice for accounting and reporting by charities (applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters in ¢onnection wlh the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached TLLVJ J T Harris FCCA The Association of Chartered cerb.hed Accountants Charles Lovell & Co Limited Chartered Certified Accountants and Slalulory Auditors 8 Church Green East Redditch Worceslershife B98 8BP 21 May 2026 Page 5
CHADSGROVE EDUCATIONAL TRUST STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 AUGUST 2025 31.8.25 Total funds 31.8.24 Total funds Unreslricled fund Restricted fund Notes INCOME AND ENOOWMENTS FROM Donations and legacies 2.426 201 2.627 52,083 Charitable activ•ties Education for pupils19-25 years old. 784.351 41,194 825.545 840,609 Investment income 13.004 13.004 2.065 Total 799,781 41.395 841,176 894.757 EXPENDITURE ON Charitable activities Education for pupils19-25 years old. 629,643 77.765 707,408 606,579 NET INCOMEIIEXPENOITURE) 170.138 136,370) 133,768 288.178 RECONCILIATION OF FUNDS Total funds brought fornard 633,085 85,448 718,533 430,355 TOTAL FUNDS CARRIED FORWARD 803.223 49.078 852,301 718,533 CONTINUING OPERATIONS All income and expenditure has arisen from contsnuing acbvibes. The notes fom) part of these financial slatements Page 6
CHADSGROVE EDUCATIONAL TRU BALANCE SHEET 31 AUGUST 2025 31.8.25 Total funds 31.8.24 Total funds Unreslricled fund Restricted fund Notes FIXED ASSETS Tangible 2ssels 10 66,1)40 CURRENT ASSETS Debtors Cash al bank T13 815.665 773 872,452 21,627 845,672 $6,787 816.438 56.787 873.225 867.299 CREDITORS Amounts falling due within one year 12 {79.255) 17.709) {86,964 1148,7661 NET CURRENT ASSETS 737.183 49,078 786.261 718,533 TOTAL ASSETS LESS CURRENT LIABILITIES 803.223 49,078 852.301 718.533 NET ASSETS 803.223 49,078 852,301 718,533 FUNDS Unreslricled funds Restricted funds 13 803,223 49,078 633,085 85.448 TOTAL FUNDS 852,301 718,533 The charitable company is entitled to exemption from audit under Section 477 of the Companies A¢1 20C6 for the year ended 31 August 2025. The membefs have not required the company lo obtain an audit of ils financial stslemenls for the year ended 31 August 2025 in accordance with Section 476 of ttte Companies Act 2006. The Iruslees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records that eompty with Sections 386 and 387 of the Companies Act 20C6 and prepanng financial slalemenls which give a true and fair view of the stale of affairs of the charitable company as al the end of each financial year and of rts surplus or delicil for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise COfTTrply with the requirements of the Companies Act 2006 relatsng to financial statements, so far as applicable lo the charitable company. {bl The notes fomi part of these financial statements Page 7 continued ..
CHADSGROVE EDUCATIONAL TRUST BALANCE SHEET- conbnued 31 AUGUST 2025 These financial slalements have been prepared in accordance with the provisions applicable lo charitable companie5 subject to the small companies regime. The financial statements were approved by the Board of Tnjstees and authorised for issue on 21 May 2026 and were signed on ils behalf by. P E Sugg- Tru51ee The noles fomi part of these financial statements Page 8
CHADSGROVE EDUCATIONAL TR CASH FLOW STATEMENT For The Year Ended 31 AUGUST 2025 31.8.25 31.8.24 Notes Cash flows from operating activities Cash generated from operatsons 96.326 322,544 Nel cash provided by operating actrvilies 96,326 322,544 Cash flows from investing actiylties Purchase of tangible fixed assets Interest received (82,5501 13.004 2,065 Nel cash (used inllpiovided by investing acts'vitses 169,S46) 2,C65 Change In cash and cash equlvalents in the reportlng perfod Cash and cash equivalents at th• beglnnlng of thg reporting perlod 26.780 324.609 845.672 521,063 Cash and ea$h equivalents at the end of the roportlng pèriod 872,452 845.672 The notes form part of these financial statements Page 9
CHADSGROVE EDUCATIONAL TRUST NOTES TO THE CASH FLOW STATEMENT For The Year Ended 31 AUGUST 2025 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.8.25 31 8.24 Net income for the reporting period (as pgr the Statemont of Financial Activities} Adjustments for: Depreciation charges Interest received Decreasellincreasel In debtors (Decreasellincrease In creditors 133,768 288,178 16.510 113,004) 20,854 161,802} 12,0651 117,2891 53,720 Not cash provided by operations 96.326 322,544 ANALYSIS OF CHANGES IN NET FUNDS Al 1.924 Cash flow At 31.8.25 Net cash Cash al bank 845,672 26.780 872,452 845,672 26,780 872.452 Total 845.672 26,780 872,452 The notes form part of these financial slalemenls Page 10
CHADSGROVE EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 AUGUST 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 1021 'Accounling and Reporting by Charities.. Statement of Reeommended Pracliee applicable lo charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191., Financial Reporting Standard 102 'The Financial Reportsng Standard applicable in the UK and Republic of Ireland, and the Companies Act 26. The financial statements have been prepared under the historical cost convention Income All incorne is recognised in the Stslement of Financial Activities On the charity has enlillemenl lo the funds. it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or ¢onslru¢live obli9alion committing the ¢harity lo Ihal expenditure. il Is probable that a transfer ol economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classihed under headings that aggregate all cost related lo the category. Where costs cannot be directly attribulea lo partKular headings they have been allocated lo activities on basis consistent with the use of resources. Tanglble flxed assèts Depreciation is provided at the followng annual rates in Ofder lo write off each asset over ils estimated useful life. Motor vehicles 20% reducing balanc Taxatlon The charity is exempt from Corporation tsx on its charitable actsvities. Fund accountlng Unreslricled funds can be used in accordan¢e wlh the charitable objeth'ves al the discretion of the Iruslees. Restricted funds Can only be used for particular reslrieted purposes within the objects of the Charity. Re51rKtsons arise when specified by the donor or when funds are raised for particular reslricled purposes Further explanaliorb of the nature and purpose of each fund is included In the notes lo the financial stalemenls. Page11 conbnLJed...
CHADSGROVE EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS- conbnued For The Year Ended 31 AUGUST 2025 DONATIONS AND LEGACIES 31.8.25 31.824 Donations 2,627 52,083 INVESTMENT INCOME 31.8.25 31.8.24 Deposit account interest 13.004 2,065 INCOME FROM CHARITABLE ACTIVITIES 31.8.25 31.8.24 Activity Education for pupils19-25 years old. Education for pupil$19-25 years old. Funding & grants Bursaries & olhef in¢om6 825.077 468 840,354 255 825,545 840,609 Grants received, included in the at¥)ve, are as follows". 31.8.25 31824 Funding from DIE and Lal Authorities 825,077 840,354 CHARITABLE ACTIVITIES COSTS Support costs (see note 61 Direct Costs Tota15 Educats'on for pupil$19-25 years old. 411,989 295,419 707,408 Page 12 continued
CHADSGROVE EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 AUGUST 2025 SUPPORT COSTS Finan Other Totals Education for pupils19-25 years old. 16.510 278.909 295,419 NET INCOMEI{EXPENDITURE) Nel incomellexpendilurel is staled after chargingllcreditingl.. 31.8.25 318.24 Depreciation - owned assets 16,510 TRUSTEES. REMUNERATION AND BENEFITS DuTing the period, a proportion of one of the Ifustees. costs were recharged from Chadsgrove school. These costs reflect the lime spent on managing and running Chadsgrove Educational Trust on a day lo day basis. Trustges. exp8nse8 There were no Iruslees, expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024. STAFF COSTS 31.8.25 31.8.24 Wages and salaries 540,468 487,242 $40.468 487.242 The average monthly number ol employees during the year was as follows.. 31.8.25 31.8.24 Leadership Teachers Support stsff 18 18 24 24 No employees received emoluments In excess of £60.OCN). Page 13 continued
CHADSGROVE EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS- For The Year Ended 31 AUGUST 2025 nb.nued 10. TANGIBLE FIXED ASSETS Motor vehicles COST Additions 82,SSO DEPRECIATION Charge for year 16.S10 NET BOOK VALUE Al 31 August 2025 66,040 Al 31 August 2024 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.25 31.8.24 Prepayments and a¢¢wed income 773 21.627 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.25 31.8.24 Accruals and deferred in¢ome 86,964 148.766 13. MOVEMENT IN FUNDS Net movement in funds Al 31.8.2S At1.924 Unrestricted funds General fund 633,085 170.138 803.223 Restricted funds Building, transport & garden projecls 85.448 {36,3701 49,078 TOTAL FUNDS 718.533 133,768 852,301 Page 14 continued...
CHADSGROVE EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS- continu For The Year Ended 31 AUGUST 2025 13. MOVEMENT IN FUNDS - tontinued Nel movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 799,781 {629.643) 170.138 Rgstrictod funds Building. transport & gafden projects 41,395 177.7651 {36.3701 TOTAL FUNDS 841,176 1707.408) 133.768 Comparatlve$ for movement in funds Net movement in funds Al 31.824 Al 1.9.23 Unrestricted funds General fund 400,278 232,807 633,085 Restrlcted funds Building. transport & garden projects 30.077 SS,371 85,448 TOTAL FUNDS 430,355 288,178 718,533 ComparalNe nel movement in funds, included in the above are as folbws.. Incoming resources Resouices expended Movement in funds Unrestrlcted funds General fund 826,854 1594,0471 232,807 Restricted funds 8uilding. transport & garden projects 67,903 112,5321 55.371 TOTAL FUNDS 894.757 1606,5791 288,178 Page 15 continued...
CHADSGROVE EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS- continued For The Year Ended 31 AUGUST 2025 13. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined posibon is as follows.. Nel movement in funds Al 31 8.25 At 1.9.23 Unrestrlcted fund8 General fund 400,278 402,945 803,223 Restricted fvnds Building, transport & garden projects 30,077 19.001 49,078 TOTAL FUNDS 430,355 421.946 852.301 A current year 12 months and prior year 12 months Combined nel movemenl in funds, included in the above are as follows.. In¢oming resour¢es Resources expended Movement In funds Unre8trletèd funds General fund 1,626,635 11,223.6901 402,945 Restrl¢ted funds Building. transport & garden proje¢l$ 109,298 190,297) 19,001 TOTAL FUNDS 1.735,933 11,313,987) 421.946 14. RELATED PARTY DISCLOSURES There were no related party transacbons for the year ended 31 August 2025. Pa9e 16
CHADSGROVE EDUCATIONAL TRUST DETAILED STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 AUGUST 2025 31.8.24 INCOME AND ENDOWMENTS Donatlons and legacies Donations 2.627 52.083 Investment income Deposit account inleresl 13,004 2.ClSS Charitable activltles Funding & grants Bursaries & other income 825,077 468 840,354 255 82S,545 840,609 Total Incomlng resources 841.176 894,757 EXPENDITURE Charitable actlvltlès Teachers, salaries Rent Insurance Education equipment Training Office expenses Hygiene & cleaning materials Therapy Other supplies & services Premises maintenance Heal & light Professional fees Subscriptions Independent examiner fees Consultan¢y 261,5S9 20,000 14,860 24,154 10,563 645 1.551 30,423 18,290 2,595 6.731 2.080 4.025 3,600 10,913 221,197 20.000 10,029 12,925 7,557 504 761 35,396 5,828 519 5,580 44 2,024 2,520 15.650 411,989 340,534 Support costs Finance Depreciation of tangible fixed assets 16,510 Other Support staff salaries 278.909 266.045 This page does not fom part of the ststutory financial slalemenls Page 17
CHADSGROVE EDUCATIONAL TRUST DETAILED STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 AUGUST 2025 31.8.25 31 8.24 Total resources expended 707.408 606,579 Net Income 133,768 288,178 This page does not form part of the slattjlory financial statements Page 18