Registered number." 14352005
Charity numbor: 1202433
READING PROFESSIONALS FOUNDATION
(A Company Limited by Guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025

READING PROFESSIONALS FOUNDATION
{A Company Limited by Guarantee)
CONTENTS
Reference and Administrative Details of the Charity. its Trustees and Adviser5
Tru5tees' Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
7-10

READING PROFESSIONALS FOUNDATION
(A Company Limited by Guarantee)
REFERENCE AND ADMINISTIiATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Trustees
M Hdmes
D Williams
P Williams
T Clark
A Cowie
A Peal
Company registered number
14352005
Charity registered nurnber
1202433
Regisl8red office
4th Floor. Aquis House. Blagrave Street. Reading. England. RG1 1PL
Accountants
James Cowper Kreston, Apex, Forbury Road. Reading. Berkshire. RG1 1AX
Bankers
Natwesl Bank. Apex. Forbury Road, Reading. Berkshire. RG1 1AX
Solicitors
Broadfidd, 4th Floor. Aquis House, Blagrave Street. Reading. Berkshire. RG1 1 PL
Page 1

READING PROFESSIONALS FOUNDATION
IA Company Llmited by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The Tnjslees present their annual report logelher wrfh the financial slalemenls of the Readin9 Professionals
Foundation for the 1 October 2024 10 30 September 2025. The Annual Report serves the purposes of both a
Trustees. report and a directors, report under Company law. The Trustees confirm that the Annual Report an
financial statements of the charitable company comply with the CU￿ent statutory requirements. the requirements
of the charitable companls goveming document and the provisions of the Statement of Recommended Pracb'ce
ISORPI applicable lo chartties preparing Iheir accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS1021 leffective 1 January 20191.
Since the Charity qualrfies as small under section 382 of the Companies Act 2006, the Strategic Report required
of medium and large cornpanies under the Companies Act 2006 (Strategic Report and Directors, Report)
Regulations 2013 has been omitted.
Objectlves and a¢tivitl•$
a. Pollcies and obJ¢¢tives
The Foundation's objects are to advance such charitable purposes (according lo the law of England and Wales)
as the trustees see fit from lime to time in particular by prO¥￿Ing grants to support the work of chanties that
operate within the UK for the public benefft.
In setting objectives and planning for activities, the Trustees have given due consideration lo general guidance
published by the Charity Commission relating lo public benefrt, including the guidance 'Public benefit.. running a
charty IP821',
Achievements and perfomian¢e
a. Main achievements of th¢ Charity
The principal activity of the Charity is to provide grants lo support the work of chaTities that operate within the UK
by organising events and raising money in Ihe Reading professional comwnunity.
The charity started operating during October 2023. The main evenls for the year were the Reading Professionals
Christmas Lunch during December 2024 and a boat trip al the beginning of September 2025. Both events were
onsidered lo be very successful Together with donations raised at this event, the proceeds raised allowed
grants of £10,50012024.. £7,500} to be made to local charities.
Financial review
a. Going con¢¢m
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason. they continue lo adopt
the going concern basis in preparing the fLnancial stalemenls. Further details regarding the adoption of the going
concern basis can be found in Ihe accounting policies.
b. Rè$ory9s policy
The Trustees keep sufficient funds in reseNes lo provide working Capital lo organise the next fund raising event.
This is typicalty between £2.(100 and £3.000 whith is in line with the current level of reserves held.
Page 2

READING PROFESSIONALS FOUNDATION
(A Company Limited by Guarantee}
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Structure, gov¢rnan¢e and management
Constitution
Reading Professionals Foundation is registered as a chantable company limTted by guarantee and was set up by
a Memorandum of Assoc￿11(￿.
b. Methods of appoinlment ow election of Trustses
The management of the Charity is the responsibilrty ol Ihe Trustees who a￿ eleded and co-opted under the
terms of the Memorandum of Associatson. The Articles require there lo be a minimum of three and a maximum
of six Trustees. Any member or employee of a Founding Organisation may be appointed to be a Trustee by a
resolution of the Trustees noting Ihal there may not. at any point. be more that tsvo Trustees from each of the
Founding Organisalions. Retiring Trustees will be eligible for re-appointment and can serve for a consecutive
period of nine years, at the end of which they may only serve a further lem in exceptional circumstances with the
approval of all of the other Trustees.
statement of Truslees. responsibilitie$
The Trustees Iwho are also the directors of the Chartty for the purposes of company lawl are responsible for
preparing the Tfuslees, Report and the financial statements in accordance with applicable law and Untted
Kingdom Accounting Standards (United Kingdom Generalty Accepted Accounting Practice).
Company law requires the Trustees lo prepare financial stalemenls for each financial year. Under company law,
the Trustees musl not approve the financial slalements unless they are satisfied that they give a true and fair
view of the stste of affairs of the Charity and of ils incoming resources and application of resources, including ils
income and expenditure. for that period. In preparing these financial statements, the Trustees are required to..
select suitable accovnb'ng policies and then appty them consistently"
observe the methods and principles of the char￿"eS SORP IFRS 1021..
make judgements and accounting estimates that are reasonable and prudent-
slate whether applicable UK Accounting Standards (FRS 1021 have been folk>wed, subject lo any material
departures disdosed and explained in the financial slalements"
prepare the financial statefflenls on the going c(Incem basis unless il is inappropriate lo presume that the
Charity will continue In business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charity's transactions and disclose wrth reasonable accuracy al any lime Ihe financial posrtion of the Charity
and enable them lo ensure that the financial statements comply wrth the Companies Act 2006. They are also
responsible for safeguarding the assets of ihe Charty and hence for taking reasonable steps for the prevention
and detection of fraud and other iffegularities.
Approvee by order of the members of the board of Trustees and signed on their behalf by..
D Williams
(Trusteel
Date..
Page 3

READING PROFESSIONALS FOUNDATION
IA Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Independent Exarniner's Report to the Trustees of Reading Professionals Foundation {Yhe
ChaTity'}
I report to the charty Tnjstees on my exarninah.on of the accounts of the Charity for the year ended 30
September 2025.
Responsibilities and Basis of Report
As the Tnjslees of the Charity land tts directors for Ihe purwses of company lawl you are responsible for the
preparats.on of the accounts in accordance wth the requirements of the Companies Act 20¢% {'Ihe 2006 Acl'l.
Having satisfied myself that the accounts of the Chartty are not required to be audited under Part 16 of tho 2006
Act and are elwjible for independent examination. I report in respect of ffly examH)alion of the Charills accounts
carried out under section 145 of the Charrties Act 2011 I'lhe 2011 Act'l. In carrying out my examination I have
followed the Directions given by Ihe Charity Commission under secb.on 14515Kbl of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confimi that no rnatters have come lo my attention in connection with the
examination giving me cause to believe=
accounting records were not kept in respecl of the Charity as required by Seth.￿ 386 of the 2006 Act" or
the accounts do not accord wrth those records- or
the accounts do not comply with the accounting requirements of sectt.on 396 of the 2006 Act other than
any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of
an independent exarninalion- or
the accounts have not been prepared in accordance with the methods and principles of the Ststemenl of
Recommended Praclice for accounting and reporting by charth.es lapplicable lo charities preparing their
accounts in accordance wrth the Financial Reporting Standard apPI￿able in the UK and Rèpublic of
Ireland {FRS 102)J.
I have no concerns and have come across no other matters in connecti(￿ wlh the examination to which
attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached.
This report is made solely to the Charil¥s Trustees, as a body. in accordanee with Part 4 of the Charities
IA¢¢ounls and Reports) Regulations 2008_ My work has been undertaken so that I might stste to the Charitys
Trustees those matters l am required lo stale lo them in an Independent Examinerfs Report and for no other
purpose. To the fullest exlenl permrtted by law. I do not accept or assume responsibility to anyone other than the
Charity 2nd the Charivs Tnjstees as a body. for my work or for this reporL
Signed-
Daled.. 09.06.2026
Kenneth Mccoll
Apex Plaza, Forbury Rd, Reading RG1 1AX
Page 4

READING PROFESSIONALS FOUNDATION
IA Company Limited by Guarantee}
STATEMENT OF FINANCIAL ACTlVtTIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Unrestricted
funds
2025
Total
lunds
2025
Total
funds
2024
Note
Income from:
tk)nab"ons and legacies
other trading acliwlies
10,799
30.070
10,799
30,070
6,387
18,750
Totsl income
40,869
40,869
24,537
Expenditure on:
Raising funds
Ch8ritable activities
28,466
10.738
28.466
10.738
76,311
7.500
Total expenditure
39,204
39.204
23.811
Ngt movement in funds
1,665
1.665
726
Reconclllatlon of lunds:
Total funds brought forward
Net movement in funds
726
1.66S
726
1.665
726
Total funds caNied forward
2.391
2,391
726
The Statement of Financial Aclivtlies includes all gains and losses recognised in the year.
The notes on pages 7 to 10 form part of these financial ststements.
Page S

READING PROFESSIONALS FOUNOATION
(A Company Limited by GuaTanteel
REGISTERED NUMBER: 14352005
BALANCE SHEET
AS AT 30 SEPTEMBER 2025
2025
2024
Note
Current assets
Cash at bank and in hand
2.391
726
2.391
726
Current liabilities
Net current assets
2,391
726
Totsl assets less current liabilities
2,391
726
Nel assets excluding pension asset
2,391
726
Total net assets
2,391
726
Charity funds
Restricted funds
Unrestricted funds
2.391
726
Total funds
2.391
726
The Charity was entitled lo exempb.on frorn audit under $￿tion 477 OF the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibiltties for comp￿"ng with the requirements of the Act with respecl lo
accounb'ng records and preparati(￿ of financial statements.
The financial statements have been prepared in a￿Ordan￿ with the provisions applicable lo entities subject lo
the small companies regime.
The financial ststements were approved and auttK>n"sed for issue by the Trustees and signed on Iheir behalf by=
D Williams
{Trusteel
Dale".
The notes on pages 7 10 10 fomi part of these financial statements.
Page 6

READING PROFESSIONALS FOUNDATION
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
General infonnation
Reading Professionals Foundation is a charitable limited company registered in England & Wales. The
company regislr8lion number is 14352005 and the Charity Commission fegislered number is 1202433.
The registered address is 4th Floor, Aquis House, Blagrave Street. Reading, England. RG1 1 PL.
The principal aclivty of the Charity is to provide grants to support the work of tharities that operate within
the UK by organising events and raising money in the Reading professional community.
A¢¢ounting policies
2.1 Basis of preparation of financial stalements
The financial statements have been prepared in accordance with the Chanties SORP {FRS 1021
Accounting and Reporting by Charrties." StsÉement of Recommended practi￿ applicable lo ch8rib.es
preparing their accounts ifi accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 102) {effective 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republ￿ of Ireland {FRS 1021 and the CoMpan￿S Act 2006.
Reading Professionals FoundalKJn meets the definrtion of a public benefit entity under FRS 102.
Assets and Iiabilrties are initially recognised at historical cost or transaction value unless otherwise
slated in Ihe relevant a￿oUnts.ng policy.
2.2 Income
All illcome is recognised once the Charty has enlttlemenl lo the Income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Gits in kind donated for distribution are included al valuation and recognised as income when they
are distributed lo the projects. Grfts donated for resale are included as income when they are sold.
2.3 ExpgndituTe
Expenditure is recogni5ed once there is a legal or constructive obligation to transfer economic benefit
lo a third paty. it is probable Ihal a transfer of economic benefits will be required in selllement and
the amount of the obligation can be measured reliably. Expenditure is classrfied by activity. The costs
of each acliwty are made up of the tol81 of direct costs and shared costs, induéing support costs
involved in undertaking each aclwty. Direct costs 8ttn"bulable to a single activity are allocated directly
lo that activity. Shared costs which contribute to more than one aclivrty and support costs which are
not attribulable to a single ath.wty are aptx)rtioned betW￿n those aClNrt￿S on 8 basis consislenl with
the use of resources.
Expenditure on raising funds includes all expenditure incurred by the Charty to raise funds for ils
charitable purposes and includes costs of all fundraising aclNtties events and non-charitsble trading.
Expenditure on chantable activities is incurred on directly undertaking the activities which further the
Chariws objectives. as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer
is conditional, such grants being recognised as expenditure when the conditions allaching are
fulfilled. Grants offered subject to conditions which have not been met al the year end are noted as a
cornmilmenl, bul not ac¢wed as expendrture.
AJI expenditure is inclusive of iffecoverable VAT.
Page 7

READING PROFESSIONALS FOUNDATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Aceounting policie5 {continued}
2.4 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discounl offered.
Prepayments are valued al the amount prepaid net of any trade discounts due.
2.5 Cash at bank and In hand
Cash al bank and in hand includes cash and short-terrn highly liquid investments with a short maturity
of three months or less from the dale of acquisition or opening of the deposit or similar account.
2.6 Financial instrurnents
The Charity onty has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are In￿allY recognised al transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
In¢ome from donations andlggacies
Unre$tri¢ted
funds
2025
Total
funds
2025
Total
funds
2024
Auctson, raffle & similar donations
10,799
10,799
6,387
Total 2024
6,387
6,387
Income from other trading activities
In¢omg from fundTrising events
Unrestricted
funds
2025
Total
funds
2025
rolal
funds
2024
Christmas lunch & boat trip
30,070
30,070
18,150
Total 2024
18,150
18,750
Page 8

READING PROFESSIONALS FOUNDATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Expenditure on raising funds
Costs of raising voluntary incorne
UnrestTiCted
funds
2025
Total
funds
2025
Total
funds
2024
Christmas lunch & boat trjp
28,466
28,466
76,311
Total 2024
16,311
16,311
Analysis of expenditure on Charitable adivities
Summary by fund type
Unrestricted
funds
2025
Total
2025
Total
2024
Grants made
Bank charges
10.5(KJ
238
10,500
238
7.500
10.738
10.738
7,500
Total 2024
7,500
7,500
Independent examinerfs remuneration
The independent examinerfs remuneratscKs amounts lo an independent examiner fee of £ -12024 - £ -1.
Trustees. rernuneration and expenses
During the year, no Tnjslees received any remunerab.on or other benef51s {2024 - £NIL).
During the year ended 30 September 2025, no Trustee expenses have been incurted (2024- £NIL).
Page 9

READING PROFESSIONALS FOUNDATION
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
statement of funds
Staternent of funds - current year
Balance at
30
Soptgmber
2025
Balance at 1
October
2024
Income Expenditure
UnTestricted lunds
General Funds
726
40,869
{39,2041
2,391
10.
Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted
funds
2025
Total
funds
2025
Current assets
2.391
2.391
Total
2,391
2,391
11. Controlling party
The Charity is under the control of its Truslees.
Page 10