## _**Trustee Annual Report**_ _Three grants for action research were made in the period, each focusing on the student experience: on how psychotherapeutic theory and practice can support students in residential settings; and both academic and pastoral mentoring. Further applications reflect the continued importance of work to improve inclusion in boarding schools. The BSA Foundation is providing a vehicle to connect boarding practitioners working in different settings to share and spread best practice, including those who have not yet been awarded a research grant._ _The Foundation is now working in association with The Institute for Boarding, also part of the BSA Group, to assess applications for the BSA Research Fellowship, awarded for the first time in 2025 to a researcher in a South African residential school analysing students’ experience of conformity in a residential setting and how this can be best managed. The researcher presented their findings at the annual boarding conference in January 2026. This was well received, raising awareness of both the Foundation and the Fellowship._ _The charity’s assets have grown to £39k enabling financial security and to enable trustees to think more strategically about commissioning research to benefit schools within residential settings in addition to awarding grants for action research after the annual applications process. The charity is also looking to increase the number of trustees to reflect the international diversity of residential schools and to strengthen expertise in research in order to provide advice to those engaged in putting forward applications and in the process of research._ Section A Receipts and payments A1 Receipts The BSA Group Ltd Sub total(Gross income for AR) A2 Asset and investment sales, (see table). Sub total Total receipts A3 Payments Service Charges (Unity Bank) Katie Phillips (Grant) Sub total A4 Asset and investment purchases, (see table) Sub total Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end Section B Statement of assets and liabilities at the end of the period Page 1 Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity�s own use B5 Liabilities Signed by one or two trustees on behalf of all the trustees Page 2 ## BSA Foundation Receipts and payments accounts For the period from 01/09/24 |Unrestricted funds|Unrestricted funds||Restricted funds| |---|---|---|---| |to the nearest|
�||to the nearest�| |||40000|-| |-|||-| |-|||-| |-|||-| |-|||-| |-|||-| |-|||-| |-|||-| |||40000|-| |-|||-| |-|||-| |-|||-| |||40000|-| |||62|-| |||900|-| |-|||-| |-|||-| |-|||-| |-|||-| |-|||-| |-|||-| |-|||-| |||962|-| |-|||-| |-|||-| |-|||-| |||962|-| |||39038|-| |-|||-| |-|||-| |||39038|-| Page 3 ## Details Funds in bank Total cash funds (agree balances with receipts and payments account(s)) ## Details Details Details Details Signature Page 4 ||1202199|||CC16a| |---|---|---|---|---| |To|31/08/2025|||| |Endowment funds||Total funds||Last year| |to the nearest�||to the nearest�||to the nearest�| |-|||40000|-| |-||-||-| |-||-||-| |-||-||-| |-||-||-| |-||-||-| |-||-||-| |-||-||-| |-|||40000|-| |-||-||| |-||-||-| |-||-||-| |-|||40000|-| |-|||62|-| |-|||900|-| |-||-||-| |-||-||-| |-||-||-| |-||-||-| |-||-||-| |-||-||-| |-||-||-| |-|||962|-| |-||-||| |-||-||| |-||-||-| |-|||962|-| |-|||39038|-| |-||-||-| |-||-||-| |-|||39038|-| Page 5 |Unrestricted funds|Restricted funds|Endowment funds| |---|---|---| |to nearest�|to nearest�|to nearest�| |39038|-|-| |-|-|-| |-|-|-| |39038|-|-| |OK|OK|OK| |Unrestricted funds|Restricted funds|Endowment funds| |to nearest�|to nearest�|to nearest�| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |Fund to which asset belongs|Cost (optional)|Current value (optional)| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| |Fund to which asset belongs|Cost (optional)|Current value (optional)| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| |Fund to which liability relates|Amount due (optional)|When due (optional)| ||-|| ||-|| ||-|| ||-|| ||-|| |Print Name||Date of approval| |Martin Sheldon Reader||01/06/26| Page 6 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees** Charity Name BSA Foundation **On accounts for the year** 31[st] August 2025 **Charity no** 1202199 **ended (if any) Set out on pages** CC16a pages 1-2 Trustees report pages 1-8 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2025. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts 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 145(5)(b) of the Act. - **Independent** I have completed my examination. I confirm that no material matters have - **examiner's statement** come to my attention in connection with the examination gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 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. |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**|**Date:**|| |---|---|---| |||01 June 2026| |||| ||Suzanne Wood|| |||| ||ICAEW|| |||| ||30-32 Gildredge Road|| ||Eastbourne|| ||BN21 4SH|| **Oct 2018** 1 **IER** ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **Oct 2018** 2 **IER** ## **Trustees’ Annual Report for the period** **From 01/09/2024 Period start date To end date** **31/08/2025 Period** ## **Charity name: BSA Foundation** ## **Charity registration number: 1202199** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The Charity's objective is the advancement
of education for the public benefit to
improve the lives of children and young
people in residential educational settings
by the funding of research.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|The objects of the CIO are the
advancement of education for the public
benefit to improve the lives of children and
young people in residential educational
settings by the funding of research,
including, but not by way of limitation, into:
(A) improving and enhancing anti-racism,
diversity, equality and inclusion education;
(B) sexual consent education;
(C) the provision of mentoring, training and
other assistance;
(D) mental health in residential educational
settings; and
(E) the benefits of the provision of physical,
educational, mental health and other
activities.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|This confirms the trustees have had regard
to the guidance issued by the Charity
Commission on public benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Three grants for action research were
made in the period, each focusing on the
student experience: on how
psychotherapeutic theory and practice can
support students in residential settings; and
both academic and pastoral mentoring.
Further applications reflect the continued
importance of work to improve inclusion in
boarding schools. The BSA Foundation is
providing a vehicle to connect boarding
practitioners working in different settings to
share and spread best practice, including
those who have not yet been awarded a
research grant.
The Foundation is now working in
association with The Institute for Boarding,
also part of the BSA Group, to assess
applications for the BSA Research
Fellowship, awarded for the first time in
2025 to a researcher in a South African
residential school analysing students’
experience of conformity in a residential
setting and how this can be best managed.
The researcher presented their findings at
the annual boarding conference in January
2026. This was well received, raising
awareness of both the Foundation and the
Fellowship.
The charity’s assets have grown to £39k
enabling financial security and to enable
trustees to think more strategically about
commissioning research to benefit schools
within residential settings in addition to
awarding grants for action research after
the annual applications process. The| charity is also looking to increase the number of trustees to reflect the international diversity of residential schools and to strengthen expertise in research in order to provide advice to those engaged in putting forward applications and in the process of research. **Additional information (optional)** You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The BSA Foundation holds funds of £39,038
at year end.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Grants will be paid out of reserves in future
periods when they are agreed.| |Amount of reserves held|Para 1.22|£39,038| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The trustees consider the charity to be a
going concern.| **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Apart from the first charity trustees, every
trustee must be appointed for a term of
three years by a resolution passed at a
properly convened meeting of the charity
trustees. Trustees may be reappointed by a
resolution passed at a properly convened
meeting of the charity trustees for a
maximum of three terms. In selecting
individuals for appointment as charity
trustees, the charity trustees must have
regard to the skills, knowledge and
experience needed for the effective
administration of the CIO.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|BSA Foundation|| |---|---|---| |Other name the charity uses||| |Registered charity number|1202199|| |Charity’s principal address|167-169 Great Portland
Street
London
W1W 5PF|| |||| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Martin Reader|Chair||| ||Andrew Nott|Trustee||| ||Matthew Robinson|Trustee||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved ## **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Martin Sheldon Reader **Position (eg Secretary,** Chair **Chair, etc) Date** 29 May 2026 **BSA Foundation 1202199 Receipts and payments accounts For the period** 01/09/2024 31/08/2025 **To from** **CC16a** ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**40,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**40,000**
**-**
**-**
**-**
**40,000**
**62**
**900**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**962**|**Unrestricted**
**funds**
**to the nearest £**
**40,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**40,000**
**-**
**-**
**-**
**40,000**
**62**
**900**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**962**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**40,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**40,000**
**-**
**-**
**-**
**40,000**
**62**
**900**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**962**|**Total funds**
**to the nearest £**
**40,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**40,000**
**-**
**-**
**-**
**40,000**
**62**
**900**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**962**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---|---|---|---| |The BSA GroupLtd|**40,000**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**40,000**||||||||**-**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**-**||||||||| ||**-**||||||||**-**| |**_Sub total_**|**-**||||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||||| ||||||||||**-**| ||||||||||| |Service Charges(UnityBank)|**62**||||||||**-**| |Katie Phillips(Grant)|**900**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| |**_Sub total_ **|**962**||||||||**-**| ||||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||||| ||**-**||**-**||**-**||**-**||| ||**-**||**-**||**-**||**-**||| |**_Sub total_ **|**-**||**-**||**-**||**-**||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||||| ||||||||||**-**| ||||||||||| ||**39,038**||**-**||**-**||**39,038**||**-**| ||**-**||**- **|
|**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**39,038**||**-**||**-**||**39,038**||**-**| CCXX R1 accounts (SS) 11/06/2026 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Funds in bank
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|Funds in bank
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**Unrestricted**
**funds**
**to nearest £**|**Unrestricted**
**funds**
**to nearest £**|**Restricted**
**funds**
**to nearest £**|**Restricted**
**funds**
**to nearest £**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---|---|---|---| ||||**39,038**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**39,038**||**-**||**-**| ||||||||OK| ||||||||**Endowment**
**funds**
**to nearest £**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||**Details**||**Fund to which**
**asset belongs**||**Cost (optional)**||**Current value**
**(optional)**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||**Details**||**Fund to which**
**asset belongs**||**Cost (optional)**||**Current value**
**(optional)**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||Signature
**Details**||**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Martin Sheldon Reader||||**When due**
**(optional)**| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||Date of
approval| ||||Martin Sheldon Reader||||01/06/2026| ||||||||| CCXX R2 accounts (SS) 11/06/2026 2