commi£glOn
Registered Charity Number 1174333
The Bradley Lowery Foundation
Unaudited Financial Statements
For the Year Ended 31 March 2025

The Bradley Lowery Foundation
Contents
Contents
Pages
Trustees Annual Report
Independent Examinerfs Report to the Trustees
Statement of Financial Activities
io
Statement of Financial Position
li
Statement of Cash Flows
12
Notes to the Financial Statements
13-25

The Bradley Lowery Foundation
Trustees. Annual Report
For the Year Ended 31 March 2025
The trustees present their report and the unaudited financial statements of the charity for the year ended
31 March 2025.
Referen￿ and Adminlstratlve Detalls
Re8lstered Charlty Name
The Bradley Lowery Foundation
Reglstered Charity Number
1174333
Princlpal Office
52-54 Middle Street
Blackhall
T527 4EA
The Trustees
Mrs G. L. Lowery
Mrs L. Murphy
Mrs P. Thirlaway
Mr P. C. Empson
Mrs R. Harbron Gray
Independent Examiner
Torgersens
East Suite, Ground Floor
Avalon House
st Catherine'5 Court
Sunderland
SRS 3XJ
Page I

The Bradley Lowery Foundation
Trustees. Annual Report
For the Year Ended 31 March 2025
Structure, Governance and Management
Governing Document
The Bradley Lowery Foundation 15 a standard registered charity which was registered on 22nd August 2017 and
is governed by the trust deed dated 19th July 2017 as amended by deed dated 21st August 2017, and as
amended on 26th July 2021.
All major decislons are made by the board of trustees.
Recruitment. Inductlon and Tralnlng
The board of trustees must include a minimum of 3 trustees who are not employed by the charity. The current
trustees were all appointed when the charity was first registered based on the knowledge. skills, quallfication5
and experience that they could bring to the charity. Future appointments will also be based on these
attributes.
On appointment trustees are provided with copies of the Charity Commlsslon Code of Governance together
with copies of the charity's governing documents to ensure they have an understanding of their
responsibilities. Where necessary further trainingjguidance will be given.
The staff members have completed several courses such as Safeguarding and GDPR. All staff member5 have the
relevant DBS checks. This ensures the families are always kept safe. Each staff member has also undergone
specific training to enable them to fulfil their Individual roles.
Salary Leve15 of staff are reviewed annually by the board. in line with rates for similar posltion5. The CEO and
COO are on a Much lower salary as requested by themselves to others in a similar position, please see link
where trustees researched salaries of charity CEO'S
www.theguardian.com/socletylsalarysurvev/table/O,12406,1042677,00.html.
Or8anlsatlonal Strurture
Q)OICo*
Chlef FIn￿K1)I
Fwrrtlr4ts1n8
•ThIFomllv
Flnan<t
Voluntetts
Related Parties
The related parties of the charity are the trustees a5 named in the trustees report above. Two of the trustees
being Mrs G. L. Lowery and Mrs L. Murphy are also employees of the charity. These two trustees receive no
remuneration for their position a5 trustee but are remunerated and are reimbursed expenses as a result of
their employment. When the charity began, the charity received significant donatlons from the Bradley Lowery
Trust a Trust Sn which the trustee Mrs G. L. Lowery was also a trustee. these funds were donated in full to set
up the Bradley Lowery Foundation.
Page 2

The Bradley Lowery Foundation
Trustee5' Annual Report
For the Year Ended 31 March 2025
Objertives and artivities
Charlty Alms and Objectlves
The Bradley Lowery Foundation IBLF) offers financial and emotional support to the families of sick children,
most of these families are fundraising for treatment or equipment not available on the NHS in England and
Wales. These may also include specialist therapies. therapy dogs, specialised treatment, or equipment. Some
supported cause5 may need to access specialist treatment abroad, to access clinical trials only available in
other countries.
The Bradley Lowery Foundation continue to support adults looking for treatment, not available on the NHS. We
not only offer assistance in fundraisin& but also emotional support for them and their loved ones.
The Bradley Lowery Foundation consults with professional clinicians and trained therapists on a regular basis,
we encourage parents to ask the right questions to ensure they make the best decision for their child's health.
Once the parents have all the information, they can make an informed choice of which treatment option they
will wish to pursue.
The Bradley Lowery Foundation differs from other charities, we offer a personal service which involves meeting
the family (where possible) and their fundraising teams, we offer help and advice on an effective fundraislng
campaign. We have many medla connections and utilise these to publicise the campaigns in a positive manner.
Families have peace of mind knowing money raised is being held by an established tharlty in accordance with
the Charity Commlssion guidelines, and know we are available to contact at any glven time to discuss their
campaign or receive support and guidance.
Publlc Beneflt Statement
Due regard ha5 been paid to the public benefit guidance published by the Charity Commisslon.
Actlvltles
The Bradley Lowery Foundatlon
The Bradley Lowery Foundation aims to help familie5 fundraisin8 for treatment or equipment, not available on
the NHS. We aim to get better/safer treatments for children available on the NHS by funding vital research and
campalgnin8 for new drugs and trials Within the UK.
The Bradley Lowery Foundation continue to support adults looking for treatment, not available on the NHS. We
not only offer assistance in fundraisin& but also emotional support for them and their loved ones.
Supporting Fundraislng Campalgns
We have continued to support a number of families this financial year to successfully raise funds for their
causes, which ranges from treatment abroad, vital equipment to autism assistance dog5.
The Bradley Lowery Foundation support families in the following ways:
Supportin8 the setup of fu ndraising campaign via JustGiving & JustGiving text
Managing all offline donations pald dlrectly into the child's account held by the Bradley Lowery
Foundation
Creatlng fundraising tools
supporting social media postin8S
Assisting with PR opportunities, setting up interview5, taking interview5 on behalf of the family to
maximise the exposure for each campaign
Having staff available out of office hours as a point of contact for families
Glvlngthe families worldwide exposure using methods we have gained
We liaise with many other trusts and organisations who offer grants, and other form5 of support to
ensure our families have a multitude of options available to them
We manage funds raised via BLF tools, payin8 invoices, sending out receipts of payment and thank you
cards, this not only saves the family time, but it ensures donors that funds are being used for its intended
purpose
We use our own social media to keep follower5 of each child up to date with each campaign
Assisting famllies in end of life care
Supporting families during the grief proce55 after the loss of a family member
Assistin8 families to organise funerals after the10s5 of 3 family member
Page 3

The Bradley Lowery Foundation
Trustee< Annual Report
For the Year Ended 31 March 2025
Medical conditions and illnesses we have already supported..
- Neurobla5toma
DIPG
Cerebral Palsy
- Downs Syndrome
- Global Development Delay
Epilepsy
- Autism
Hypermobility
Diamond Blackfan Anaemia
- Stroke
Heart Disease
-SPGIS
- Cervical cancer
- Bowel cancer
- Sarcoma's
Undia8nosed conditions
We aim to Support any family who has contacted the Bradley Lowery Foundation, who are not already being
supported by a registered charity. Not every child needs to raise funds for treatment or equipment, some
children need exposure to encourage people to Si8n up to the donor register. This 15 something the Bradley
Lowery Foundation are more than happy to advertise. As well as hosting fundraising campaigns, we have
actively canvassed and held registrations for DKMS, the blood donor register. as well helping familles link up
with other families going through the same journey.
We speak frequently with other charities and organisations that 5peciali5e in Cerebral Palsy, Neuroblastoma
and Autism. to ensure our famllles have the latest information on trlals and treatments available.
Our fundraising team continues to develop new ideas for fundraising events.
We continue to make and maintain corporate connections with several high-profile companie5.
We continue to work with charities such as Clic Sargent, Rainbow Trust, Neuroblastoma UK. Clothes Aid,
Autism Do8s CIC, NGAS, Abbies Army, Merlin's Magic Spaces, Friends of Rosie, and many more. We believe
working together you gain the best outcome for the families we are supporting.
Hollday Home
The Holiday Home "Super Brad's Pad" is starting to take shape.
We now have a roof to Bo wlth our walls, and windows have now been installed and are in the pro￿55 of
having the rendering completed.
The next stages of the home, which will begin in the next financial year, are the plumbing, electrlcs, under floor
heatin& as well as the boarding of each room.
We have had a lot of 5UPPOrt and discounts from businesses who are supporting the build.
The holiday home is being built to offer families an amazing memory making experience with the whole family.
The Bradley Lowery Foundation belleves that the whole family should be involved in making special memories.
so the holiday home is 5 double bedrooms with an open plan kitchen and living area, wlth 2 playrooms and an
outside playroom which will be for adults and older children.
As a charity we continue to fundraise further to complete the build, we also maintain relationships with
corporate partners a5 well, who continue to support the charity and the bulld.
Page 4

The Bradley Lowery Foundation
Trustees, Annual Report
For the Year Ended 31" March 2025
Grant-maklng
The Bradley Lowery Foundation may offer Small grants to currently supported familie5. The 8rants awarded
may cover-
Short stays for families of terminally ill children through our Nice to be Nice Campaign
A one off gift for a child, through our Nice to be Nice Campaign
Grants to support home running costs after the loss of a loved one
Grants to help give a loved one the funeral they deserve
The Bradley Lowery Foundatlon also offers larger 8rants to organisations to aid in their charitable objectives. To
date we have sUPPOrted multiple organisations who-
Provide vital services to poorly or disabled children
Provide equipment FOC to children with disabilities
Fund research into childhood cancers
Page S

The Bradley Lowery Foundation
Trustees, Annual Report
Year Ended 31 March 2025
Corporate Collaboratlon
The Bradley Lawery Foundation this year teamed up with the National Grief Advice seNice who offer clients
121 counselling sessions
Group coun5elling sessions
Coping strategie5
For all types of grief. The collaboration ha5 worked extremely well, as we find that Some parents need to wait
up 6 weeks to acces5 coun5elling services, so to be able to offer a service that can be made available to
someone within 2 weeks, makes a huge difference.
Volunteers
The Bradley Lowery Foundation has opportunities to become foundation champions. Foundation champions
work alongside BLF by attending and hosting fundraising events, by collecting donations given to BLF, and
supporting volunteers to ensure their fundraising events go according to plan. Each foundation champion will
sign a BLF code of conduct and be issued with a uniform and ID card. BLF work closely with the foundation
champions to ensure they are up to date with new project5 and campaigns. If you would like to enquire to
become a foundation champion, please email contact@bradleyloweryfoundation.com.
Achievements and Performance
In the financial year ended 31st March 2025 we raised total funds of £407.645 and generated a net deficit of
£57,309. We began the year with fund5 of £2.559,956.
Covid still has a huge impact on the way the charity sector operates, Wlth the increase in card payments,
bucket collections are a lot le55 profitable, donations from tubs displayed in shop5 is a150 down by approx. 30%.
The c05t of living and the price of utilities has also played a huge factor in the decreasing amount of money
hitting the charity sector on a whole. We mitigate this bv-
Thinking of new way5 to fundraise lutilising fundraising tools on the JustGiving platform such as QR
Codes on buckets and tub5, means that people can make quick donation5 via their phone app)
Holding larger events- We have always been a very community-based charity, but over this last year,
we have spent more time working with corporate partners, to hold larger scale events. We
succe55fully held our 3rd Corporate Golf Day, which raised In excess of £10,000, and our Peaky
Blinder5 Themed event which raised approx. £28,000.
Continuing our everyday events, such as -
Attending fairs to hold smaller stalls.
Continuing to grow our BLF football camps
Regular social media posts promoting merthandise
Purchasing spaces in organised runs for supported to take part in sponsored activities
Financlal Revlew
Flnanclal Posltlon
During the year the charity raised £407,645. Charitable expenditure amounted to £464,954 giving a net deficlt
before trdnsfers of £57,309.
Reserves Policy
At the reporting date £527,055 was held in general unrestricted reserves. We plan to hold unrestricted reserves
to cover the running costs of the foundation for at least one financial year, this is to ensure longevity of The
Bradley Lowery Foundation. The current level of reserves will be used to meet future objectives of the charity
including supporting a partnership that will offer one to one telephone support for families suffering the effects
of cancer and funding research projects into Neuroblastoma and other childhood cancers.
A designated reserve to cover fundraising and other building costs in respect of the holiday home including
survey fee5 had a balance at the reportin8 date of £253,746. Further funds may be designated to the holiday
home.
A designated reserve wa5 set up by transferring £50,000 in the financial year ended 2019 from general reserves
for all other childhood cancer research. This will be used to fund different childhood cancer research projects. A
further £50,000 wa5 transferred in April 2022 and had a balance at the reporting date of £lOO,000.
A designated reserve was set up by transferring £50,000 in the financial year ended 2019 from general reserves
to support the running costs of the BLF support service, this service provides I to I support for families in the
North East affected by childhood cancer, by offering out of hours counselling Service. All counsellors are fully
trained and accredited. The balance at the reporting date was £50,(￿0.
Page 6

The Bradley Lowery Foundation
Trustees, Annual Report
Year Ended 31 March 2025
A designated reserve, It's Nice to be Nice, was set up by transferring £50,000 in the financial year 2023 from
general reserves. This will be used to offer a small gift or experience to children who have spent a lot of time in
hospital. The balance at the reporting date was £50,000.
From inception the Bradley Lowery Foundation has supported a number of fundraising campaigns each with
their own specific purposes and objectives. At the reporting date the balance held in restricted reserves for
these campaigns totalled £887,009.
Rlsk Assessment and Mitigation
We conduct regular risk assessment5 a5 part of our strategic plan, this is reviewed on a regular basis and the
team implement plans to overcome the risks. To date the identified risk5 are:
The job role can be physically and emotionally draining on members of staff, due to offering emotional
support to families of very poorly children, this can weigh heavily on the staff member they are in close
contact with.
The need to continue to raise unrestricted funds to cover core wsts and ensure longevity of the charity.
Being high profile in the media means demand for the servlce we offer is very high, therefore having
capacity to support every family can become an issue.
There is a large volume of fund5 currently coming through the foundation due to the campaign5 we have,
and we have limited staff member5 to deal with them. The trustees have assessed the major risks to which
the charity is exposed, those related to the operations and finances of the charity and are satisfied that
systems and procedures are in place to mitigate our exposure to major risks.
To best mltlgate the rlsks:
The Foundation decided It would be in the best interest of the stsff to offer counselling sessions from an
independent counselling firm, so staff can ensure their mental health is protected. Thi5 15 offered to all
staff, and they are able to access sessions as and when needed.
Due to the high demand of the support we offer we are in the process of recruiting volunteers who will
assist in fundraising events for the foundation and attending events on our behalf. We have multiple
foundation champions who support BLF if a regular basis.
The Bradley Lowery Foundation is high profile and we have a high demand from campaigns that need
support, this takes up a lot of time. We do not refuse support and therefore have a proces5 and as such a
waiting list, where families can still benefit from the financial aspect of the foundation, but I to I support
from our staff members is given on a case by case basis.
We continue a partnership with our PR company to manage and monitor media enquiries for all
ampaigns.
We continue to utilise Gift Aid to cover the core costs of running the charity.
We continue to hold unrestricted reserves to cover l year of the core costs, this is to ensure that in the
event of funding coming in slowly, the charity can run as normal.
We have worked closely with our le8al team, and continue to use our stringent policies and procedures
regarding collection5 using the BLF charity number, all collections must go through BLF to book and
arrange, and all collections needs to be allocated to the supported causes accounts with a short
timeframe, we also request collectors to fill in paperwork regardlng their collection5 which is sent to BLF at
the time of depositing of funds. We have found this has worked well and collectors understand the rules
and regulations of working with a charity.
Plans forfuture perlods
We plan to hold Un￿strICted reserves to cover the running cost5 of the foundation for at least 2 financial years.
this is to ensure longevity of the Bradley Lowery Foundation. We hope in the future that fund5 raised via Gift
Aid claimed, will maintain the majority of the running costs of the foundation, coverinB everyday costs such as
salaries, rent and utility bi115, 50 that funds ralsed via BLF will be used to support familles who are fundraising
for treatment or equipment, grant applications and research. We will continue to support families, emotionally
and financially. We will also continue to create good workin8 relationships with other charities, non-profits and
businesses to ensure our families get the best support offered.
Page 7

The Bradley Lowery Foundatlon
Trustees, Annual Report
Year Ended 31 March 2025
Trustees. responslbllltles statement
The trustees are responsible for preparing the trustees, report and the financial statements in accordance with
applicable law and United Kingdom Accountin8 Standards (United Kingdorn Generally Accepted Accountin8
Practice).
The law applicable to charities in England and Wale5 require5 the charity trustees to prepare financial
statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources, of the charity for that perlod.
In preparing these financial statements, the trustees are required to:
select suitsble accounting policies and then apply them consistently.
observe the methods and principles in the applicable Charlties SORP.
make judgments and accounting estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements.
prepare the financial statements on the going concern basis unles5 it is inappropriate to presume that the
charity will Continue in business.
The trustees are responsible for keeping adequate accountlnB records that are sufficient to show and explain
the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity
and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable
Charities {Accounts and Reports) Regulation5, and the provlsions of the Trust Deed. They are also responsible
for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
The trustees, annual report was approved on
by..
031125
and signed on behalf of the board of trustees
Mrs L Murphy
Trustee
Mr P C Empson
Trustee
Page 8

Independent Examinerfs Report to the Trustee5 of
The Bradley Lowery Foundatlon
Year Ended 31 March 2025
I report to the trustees on my examination of the financial statements of The Bradley Lowery Foundation ('the
charity,) for the year ended 31 March 2025.
Responslbillties and basis of report
A5 the trustees of the charity you are responsible for the preparation of the financial statements in accordance
with the requirements of the Charities Act 20111'the Act'}.
I report in respect of my examination of the charity's financial statements carried out under section 145 of the
2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under section 145151(bl of theArt.
Independent examiner's statement
Since the charity's gr05s income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member
of the Institute of Chartered Accountants in England and Wales IICAEWI, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respert of the charlty as required by section 130 of the Act; or
the financial statement5 do not accord with those records- or
the finantial statements do not comply with the applicable requirements concerning ihe form and
content of accounts set out in the Charities (Account5 and Reports) Re8ulations 2008 other than
any requirement that the accounts give a 'true and fair, view which is not a matter considered as
part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Alison Henshaw FCCA
Independent Examiner
East Suite, Ground Floor
Avalon House
St Catherine's Court
Sunderland
SR5 3XJ
031iilzS
Page 9

The Bradley Lowery Foundation
Statement of Financial Activities
For the Year Ended 31 March 2025
Unrestricted
Funds
Restrlcted
Funds
Total
2025
Total
2024
Notes
Income and Endowments
Donations and Legacies
169.212
145,185
314,397
352,289
Other Trading Activities
73,051
72
73.123
46.647
Investment Income
7.980
12.145
20.125
13.924
Total Income
250.243
157,402
407,645
412,860
Expenditure
Expenditure on Raisin8 Funds:
Costs of Raising Donation5 & Legacie5
6,614
6,614
6,924
Costs of Other Trading Activitie5
25.739
25.739
21.638
Expenditure on Charitable Activities
9.10
297,606
134,995
432,601
449,343
Total Expendlture
329,959
134,995
464,954
477,905
Transfers
29.821
129,8211
Net Expenditure & Net Movement In Funds
(49,8951
{7,4141
157,309)
165,0451
Reconciliation of Funds
Total Funds brought forward
1,030.696
1.529,260
2,559.956
2.625.001
Total Fund5 carried forward
980,801
1,521,846
2,502,647
2,559,956
The statement of financial activities includes all gains and1055es recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 13 to 25 form part of these financial statements
Page 10

The Bradley Lowery Foundatlon
Statement of Financial Position
As at 31 March 2025
2025
2024
Note
Flxed Assets
Tangible Fixed A55et5
16
637,714
414,885
Currents Assets
Stocks
17
2,064
2,718
Debtors
18
5,333
5,066
Cash at Bank and in Hand
1,869,725
2,150,445
1,877,122
2,158,229
Credltors: Amounts Falling Due Withln One Year
19
12,189
13,158
Net Current A55ets
1,864.933
2,145,071
Total Assets Less Current Liabilities
2,502,647
2,559,956
Net Assets
2,502,647
2,559,956
Funds of the Charity
Restricted Funds
1,521.846
1,529,260
Unrestricted Funds
980,801
1.030.696
Total Charlty'Funds
21
2,502,647
2,559,956
The financial statements were approved by the Board of Trustees and authorlsed for issue on
and are slgned on behalf of the board by:
031125
Mrs L Murphy
Trustee
Mr P CEmpson
Trustee
The note5 on pages 13 to 25 form part of these financlal statements
Page 11

The Bradley Lowery Foundatlon
Statement of Cash Flows
For the Year Ended 31 March 2025
2025
2024
Cash Flows from Operating Actlvltles
Net Expenditure
{57,3091
(65,0451
Adjustment5for."
Depreciation of Tangible Fixed Assets
Other Interest Receivable and Similar Income
1,957
1,862
(20,125)
113,924)
Interest Payable and Similar Charge5
846
1,283
Accrued {incomel/expenses
516
11,8301
Changes in..
Stocks
654
1,379
Trade and Other Debtors
(2671
11.4851
4,548
Trade and Other Creditors
119,374)
Cash Generated from Operations
(75,2131
191,101)
Interest Paid
18461
(1.283)
Interest Received
20,125
13,924
Net Cash Used in Operating Activities
155,9341
178,460)
Cash Flows from Investin8 Actlvltles
Purchase of Tangible Assets
1224,786)
1311,2621
Net Cash Used in Investing Activities
{224,786)
1311,2621
Net Decrease In Cash and Cash Equivalents
(280,720)
1389.722)
Cash and Cash Equivalents at Be8innin8 of Year
2,150,445
2,540,167
Cash and Cash Equivalents at End of Year
1,869,725
2,150,445
The notes on pages 13 to 25 form part of these financlal statements
Page 12

The Bradley Lowery Foundation
Notes to the Financial Statements
For the Year Ended 31 March 2025
General Informatlon
The charity is a public benefit entily and a registered charity in England and Wales and is unincorporated.
The address of the principal office is 52-54 Middle Street, Blackhall, TS27 4EA.
Statement of Compllance
These financial Statements have been prepared in compliance with FRS 102, 'The Flnancial Reporting
Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice
applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 Icharities SORP IFRS 10211 and the Charities Act
2011.
Accounting Pollcles
Basis of preparatlon
The financial statements have been prepared on the historical cost basis.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's
purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the
terms of an appeal, and fall into one of two sub-classes: restricted income fund5 or endowment funds.
Inromin8 resources
All income is included in the statement of financial activities when entitlement has passed to the charity,
it is probable that the economic benefit5 a550Ciated with the transaction will flow to the charity and the
amount can be reliably measured. The following speclfic policies are applied to particular categories of
incorne..
income from donations or grants is recognised when there 15 evidence of entitlement to the gift,
receipt is probable and it5 amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this 15 impractical to
measure reliably, In which case the value is derived from the cost to the donor or the estimated resale
value. Donated facilltles and services are recognised in the accounts when received if the value can be
reliably measured. No amounts are included for the contributlon of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the contracted
service. This is classified as unrestricted funds unless there is a contractual requirement for it to be
spent on a particular purpose and returned if unspent. in which case it may be regarded as restricted.
income relating to specific children's campaigns is predominantly received via donations and is
recogni5ed when there is evidence of entitlement to the gift, receipt is probable and its amount can
be measured reliablv.
Page 13

The Bradley Lowery Foundation
Notes to the Financial Statements
For the Year Ended 31 March 2025
Resources Expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT
which cannot be fully recovered. and is classified under headings of the statement of financial activities to
which it relates..
expenditure on raising funds includes the costs of all fundraising attivities, events, non-charitable
trading activities, and the sale of donated goods.
expenditure on charitable activlties includes all costs incurred by a charity in undertaking activities
that further its charitable aims for the benefit of its beneficiaries. including those support costs and
costs relating to the governance of the charity apportioned to charitable attivities.
other expenditure include5 all expenditure that is neither related to raising funds for the charity nor
part of its expenditure on charitable activities.
campaign expenditure relates to costs incurred by the charity in line with the specific campaign5 or
funds transferred to the campaign beneficiary.
I costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute to on a reasonable. justifiable and consistent basis.
Grants payable to beneficiaries are included in the SOFA when the charit￿5 obligation has been
established. The value of such grants that are unpaid at the period end is accrued.
Operating leases
Lease payment5 are recognised as an expense over the lease term on a straight-line basi5. The aggregate
benefit of lease incentives is recognised as a reduction to expense over the lease term, on a strai8ht-line
basis.
Tanglble assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated
depreciation and impairment1055es.
Tangible assets relating to the holiday home are recorded at cost and value of donated goods and labour
less any depreciation and impairment losses.
DÈpreclatlon
Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual value, over
the useful economic life of that asset as follows:
Improvements to landlords
property
Fixtures and fittin8S
Equipment
Holiday Home
IO% straight line
IOYO Straight line
10% straight line
Not depreciated as asset under course of construction
stocks
stocks are measured at the lower of cost and estimated selling price less Costs to complete and sell. Cost
includes all costs of purchase. costs of conversion and other costs incurred in bringing the stock to its
present location and condition.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is
any contract that evidence5 a residu31 interest in the asset5 of the company after dedurting all of its
liabilities.
Defined Contrlbutlon Plans
Contributions to defined contribution plans are recognised as an expense in the period in which the
related service is provided. Prepaid contributions are recognised as an asset to the extent that the
prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting
date in which the employees render the related service, the Ilabillty is measured on a discounted present
value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
Page 14

The Bradley Lowery Foundation
Notes to the Financlal Statements
For the Year Ended 31 March 2025
4. Donatlons and Legacies
Unrestricted
Funds
Restricted
Funds
Total Funds
2025
Donatlons
Donations and Legacles received
110,119
57,436
167,555
Just Giving Donations
58,913
87,670
146,583
Facebook Donation5
DonrText Giving
180
79
259
Grants
Grants Receivable
169,212
145,185
314,397
Unrestricted
Funds
Restrirted
Funds
Total Funds
2024
Donations
Donations and Legacies received
73,620
88,375
161,995
Just Giving Donations
100,015
87,877
187.892
Facebook Donations
2,216
2,216
Donr Text Givin8
90
96
186
Grants
Grant5 Receivable
175,941
176,348
352,289
5. Other Tradlng Actlvltles
Unrestricted
Funds
Restricted
Funds
Total Funds
2025
Fundraising events
71,598
71,598
Shop income
676
72
748
Enthuse fundraising donations
777
777
73,051
72
73,123
Page 15

The Bradley Lowery Foundation
Notes to the Unaudlted Financial Statements
For the Year Ended 31 March 2025
S. Other Trading Artivitie5 continued
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Fundraising events
30,968
11,264
42,232
Shop income
2.605
138
2.743
Enthuse fundraising donations
1,672
1,672
35,245
11,402
46,647
6. Investment Income
Unrestricted
Funds
Restritted
Funds
Total Funds
202S
Bank interest receivable
7,980
12,145
20,125
Unrestricted
Fund5
Restricted Total Funds
Funds
2024
Bank interest receivable
353
13,571
13.924
7. Costs of Raising Donatlons and Legacles
Unrestricted
Fund5
Restricted Total Funds
Funds
2025
Donations- Merchandise
1,410
1,410
Donations- Campaign5
Donations- Just Giving Fees
5.066
5.066
Donations- Paypal Fees
138
138
6,614
6,614
Page 16

The Bradley Lowery Foundation
Notes to the Unaudited Financial Statements
For the Year Ended 31 March 2025
7. Costs of Ralslng Donatlons and Legacles contlnued
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Donations- Merchandise
434
434
Donations- Campaigns
Donations- Just Giving Fees
Donations- Paypal Fees
6,336
6,336
154
154
6,924
6,924
8. Costs of Other Trading Activities
Unrestricted
Funds
Total Funds
2025
Unrestricted
Funds
Total Funds
2024
Costs of other trading activities -
Shop costs
664
664
2,225
2,225
Costs of other trading activities-
Staging events
25,075
25,075
19,413
19,413
25,739
25,739
21,638
21,638
9. Expenditure on Charitable Actlvltles by Fund Type
Unrestricted
Fund5
Restricted
Funds
Total Funds
2025
Supportlng fundraising campaigns
129,404
129,404
Holiday home
Funding research projects
165
165
Support costs
297,606
5,426
303,032
297.606
134,995
432,601
Page 17

The Bradley Lowery Foundatlon
Notes to the Unaudited Financial Statements
For the Year Ended 31 March 2025
9. Expenditure on Charltable Actlvltles by Fund Type contlnued
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Supporting fundraising campalgns
349
132.186
132,535
Holiday home
Funding research project5
750
3,920
4,670
895
895
Support C05t5
309,774
1,469
311,243
310,873
138,470
449,343
10. Expenditure on Charitable Actlvltles by Actlvlty Type
Activities
Undertaken Grant Funding
Directly
of Activities
Support Total Funds Total Funds
Costs
2025
2024
Supporting fundraising campaigns
129.404
262,307
391,711
432,988
Holiday home
165
29,572
29.737
4.670
Funding research projects
895
Governance Costs
11,153
11,153
10,787
129,569
303,032
432,601
449,340
11. Analysls of support Costs
The Charity initially identifies the c05t5 Of its support funrtion5. It then identifies those cost5 which relate to
the governance functlon. Having identified its governance costs, the remaining support costs together with
the governance costs are apportioned between the three key charitable activities undertaken Isee note 111
in the year. All support costs relating to restricted campaigns are allocated directly and the remainder of
costs are split 60% supporting fundraising campaigns, IO% holiday home and 30% Bradley Lowery
Foundation.
Page 18

The Bradley Lowery Foundation
Notes to the Unaudited Financial Statements
For the Year Ended 31 March 2025
Analysis of
Analysis of
Analysis
Support Costs Support Costs Of Support
- Supporting
Bradlev
Costs
Fundraising
Lowery
Holiday
Campaigns
Foundation
Home
Total
2025
Total
2024
Staff costs
139,021
88,475
20.809
248,305
247,921
Premises
8,735
4,367
1,668
14,770
17,352
Communications and IT
1,706
1,317
284
3,307
2,868
General office
4,235
2,117
706
7,058
17.619
Governance costs
6,692
3,346
1,115
11,153
10,788
Support costs - Insurance
5,358
2,680
5,628
13,666
8,621
Support costs - Legal
69
35
12
116
350
Support costs - Travel
1,113
556
185
1,854
2.579
Support costs - Bank charges and
interest
513
249
84
1,283
Support costs- Depreclation
1,174
587
196
1,957
1,862
168,616
103,729
30,687
303,032
311,243
12. Analysis of Grants
2025
2024
Grants to Instltutlons
Grants to institutions
1,778
Grants to Indlviduals
Grant5 to individuals
Total Grants
1,778
13. Net Expenditure
Net expenditure Is stated after chargingllcrediting):
2025
2024
Depreciation of tangible fixed assets
1,957
1,862
Page 19

The Bradley Lowery Foundation
Notes to the Unaudlted Flnancial Statements
For the Year Ended 31 March 2025
14. Staff Costs
The total staff c05t5 and employee benefits for the reporting period are analysed as follows:
2025
2024
Wages and salaries
221,982
222,301
Social security Costs
19,760
18,774
Employer contributlons to pension plans
6,458
6,616
Other employee benefits
105
230
248,305
247,921
The average head count of employees duringthe yearwas 5 (2024.. 61.
The number of employees whose remuneration for the year fell within the following bands, were:
2025
No.
2024
No.
£60.000 to £69,999
£70,000 to £79,999
Key Management Personnel
The key management personnel of the charity comprise trmo of the charity's trustees and the Chief
Financial Officer12024'. two of ihe charity's trustees and the Chief Financial Officer).
During the current year the key management personnel received remuneration totalling £212,34312024:
£194.0371 and were reimbursed for out of pocket expenses amounting to £53012024.. £8461,
15.Trustee Remuneratlon and Expenses
Trustees expenses paid during the year amounted to £53012024: £8461 paid to two12024.' two) trustees in
reimbursement of subsistence costs incurred.
The Charity Commission has given approval for the employment of Gemma Lowery as CEO. HÈr total
remuneration for the year wa5 £58,850 12024- £54,432). Ernployer's National Insurance costs on thi5
amounted to £6,86612024'. £4,966). Employer'5 pension contributions on this amounted to £1.76512024-
£1.6331.
The Charity Commission has given approval for the employment of Lynn Murphy as Chief Operating Officer.
Her total remuneration for the year was £55.172 12024: £51,030). Employer's National Insurance costs on
this amounted to £6,358 12024: £4.5941. Employer'5 pension contributions on this amounted to £1,655
{2024: £1.5311.
Page 20

The Bradley Lowery Foundation
Notes to the Unaudited Financial Statements
For the Year Ended 31 March 2025
16.Tanglble Flxed Assets
Improvements
to Landlord's
Property
Holiday Fixtures &
Home
Fittings Equipment
Total
Cost
At l Aprll 2024
3,770
405,899
7,865
6,988
424,522
Additions
223,837
949
224,786
At 31 March 2025
3,770
629.736
7,865
7,937
649.308
Depreciatlon
At l April 2024
2,262
4,568
2,807
9,637
Charge for the year
377
786
794
1.957
At 31 March 2025
2,639
5,354
3,601
11,594
Carrylng amount
At 31 March 2025
1.131
629,736
2.511
4.336
637,714
At 31 March 2024
1,508
405,899
3.297
4,181
414,885
17, Stocks
2025
2024
Raw materials and consumables
2,064
2,718
18. Debtors
2025
2024
Trade debtors
2,314
2,646
Prepayment5 and accrued income
3,019
2,420
5,333
5,066
19. Credltor: amounts falling due within one year
2025
2024
Accruals and deferred Income
10,116
9,6Crf)
Other creditors
2.073
3.558
12,189
13,158
Page 21

The Bradley Lowery Foundation
Notes to the Unaudited Flnancial Statements
For the Year Ended 31 March 2025
20. Pensions and Other Post Retirement Benefits
Defined contribution plans
The amount recognised in income or expenditure a5 an expense in relation to defined contribution
plans was £6,45912024- £6,616).
21.Analysis of Charitable Funds
Unre5trirted Funds
At l April
2024
At 31 March
2025
Income Expenditure
Transfers
General funds
576.950
250.243
1329,9591
29,821
527.055
Designated Fund - holiday home
253.746
253,746
Designated Fund Childhood
Cancer Research
loo,000
100,000
Designated fund - It's Nice to be
Nice
50.000
50,000
Designated fund - BLF Support
Service
50,(KIO
50,000
1,030,696
250,243
1329,9591
29,821
980,801
At l April
2023
At 31 March
2024
Income Expenditure
Transfers
General funds
604,340
211,539
1312,7241
126,3621
73,795
576,950
Designated Fund - holiday home
324,037
143,929)
253,746
DesSgnated Fund - Childhood
Cancer Research
I￿,000
loo,000
Designated fund - It's Nite to be
Ni
So,￿0
(349)
349
50.WO
Designated fund BLF Support
Service
50.(KIO
50,000
1.128,377
211,539
{339.435)
30,215
1,030,696
Page 22

The Bradley Lowery Foundation
Notes to the Unaudited Financial Statements
For the Year Ended 31 March 2025
21.Analysis of Charltable Funds continued
Designated Fund - Holiday Home- This fund was set up in order to raise funds to enable to charity to build a
holiday home for the children and their families to visit and enjoy precious time together.
Designated Fund Closed bank accounts This fund was set up by the charity for tran5parenry, to hold
funds from closed accounts before transferring them into the general fund.
Designated Fund Chlldhood Cancer Research This fund was set up in order to allow the charity to
contribute up to £50,000 of match funds towards the research into all childhood cancers.
Designated Fund - BLF Support Service- This fund was set up in order to enable the charity to provide a free
confidential support service for parents and carers of children with cancer in the North East of England.
Designated Fund - It'5 Nice to be Nice - This fund was set up in order to offer a small gift or experience to
children who have spent a lot of time in hospital. These will range from a toy the chlld would like, to a
family day out to make special memories.
Restricted Funds
At l April
2024
At 31 March
202S
Income Expenditure
Transfers
Restricted Fund - Holiday Home
400,690
7,793
{5.1111
211,106
614.478
Re5trirted Fund - Chlldren's
campaigns
1,104,834
118,444
1105,3881 1233,7261
884,164
Restricted fund - BLF Support
Servi
781
553
{4651
869
Restricted fund - BLF Research
Fund
20,327
941
11,7781
19,490
Restricted fund - Adult campaigns
2,628
29,671
122,2531
17,201)
2,845
1,529,260
157,402
134.995
{29,821)
1,521,846
Page 23

The Bradley Lowery Foundation
Notes to the Unaudited Financial Statements
For the Year Ended 31 March 2025
21.Analysls of Charitable Funds
At l April
2023
At 31 March
2024
Income Expenditure
Transfers
Restricted Fund - Holiday Home
250.201
91,741
14,4371
63,185
400,690
Restricted Fund - Children'5
campaigns
1.232.552
87,980
{130,226)
185,4721
1,104,834
Restricted fund- BLF Support
Service
1,514
15
17481
781
Restricted fund - BLF Research
Fund
12,357
8,879
19091
20,327
Restricted fund - Adult campaigns
12,706
{2.1501
17,928)
2.628
Restricted fund - Supporting
Campaigns- General
1,496,624
201,321
{138,4701
130.2151
1.529.260
Holiday Home - Money to build a holiday home for children and bereaved families.
Children's Carnpaigns - Money has been raised from 40 campaign5 relating to 40 individual children. Each
child has its own target and objective but all of them relate to the provision of specialist equipment or
medical treatment not available from the NHS. Further information can be found about each of the
campaigns by vlsiting the website www.bradleyloweryfoundation.com. A5 shown above, £233,726 was
transferred from the foundation5 unrestricted funds to the children's campaigns.
Adulvs Campaigns - Money has been raised from 2 campaigns relating to 2 individual adults. Each adult has
its own target and objective but all of them relate to the provision of specialist equipment or medical
treatment not available from the NHS. Further information can be found about each of the campaigns by
visiting the website www.bradleyloweryfoundation.com. As shown above, £7,201 was transferred from the
foundations unrestricted funds to the adulV5 campaigns.
BLF Support Service - Money to pay for the BLF Support Servite that will be provided to parents and tarers
of children with cancer in the North East of England.
BLF Research Fund Money raised to allow the charity to contribute toward5 research into childhood
cancers.
22. Analysi5 of Charltable Funds
Unrestricted
Funds
Restricted Totsl Funds
Funds
2025
Tangible fixed assets
7,978
629,736
637.714
Current assets
985,012
892,110
1,877,122
Creditors less than l Year
112,1891
112,189)
980,801
1,521,846
2.502.647
Page 24

The Bradley Lowery Foundation
Notes to the Unaudited Financial Statements
For the Year Ended 31 March 2025
22. Analysis of Charitable Funds
Unrestrlcted
Funds
Restricted
Funds
Total Funds
2024
Tangible fixed assets
8,986
405,899
414,885
Current assets
1,034,868
1,123,361
2,158,229
Creditors less than l year
{13,158}
113,158}
1,030,696
1,529,260
2,559.956
23. Analysi5 of Change5 in Net Debt
At
Cash flows 31 Mar 2025
At l Apr 2024
Cash at bankand In hand
2,ISO,445
1280,720)
1,869.725
24. Operating Lease Commitments
The total future minimum lease payments under non-cancellable operating leases are as follows-
2025
2024
Not later than l year
9,360
9,552
Later than l year and not later than 5
years
780
10,140
10,140
19.692
Page 25