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tJplAt•th Weha¥tatlQd thefinI1 51aternentsol Li¥rydJokn Mowe5 (the'tharity'l fc<the 15 Math5 ended JlJuty2025whkhuffipromtY thCwsOkd¥tedSlatementofF&vdmtR¥cQnSow1ed BaLa SheeL BatsKeSheeL siatementofcath AM. NoteStrI Sl•lEmertofta5h Fkms and )te5 iothe finan StatEnnts. indudlnl a SLMnmary of •r(Tr¥ The fina11 Tepjrtiry fr¥nvArk that has been appMEd In thetr weparathjn 4Fgabl¢ I ¥1 St•rthrds IUrwtEd fi GenernTr¢ cepted A£¢ounl PrtKel. owoplnknn thefinandal statemts: r¥e a trn and fair ofthe rfthe dwrrtrfs affs as tt 31 )JZS aml ofirs resou and applicat1L Otrt5WrfQTthe yearn ended.. haw twnwepared InartorfarKe¥Jith the reqylrements ofthethwittesMtZOIL We wnthcted Dwaudi(in a(cordarttwlth lThternthnalStsndard5 MAjit1rI ILIKI IS4s IUK)l aThdaPp&tab1l. O responsibl1$ undErth05e 5tsndarth arefvrthÈtde5rthed I theAlo.ltyeSrOrthe thOfthefin•rl %tateTrnts sethon of our pOrt We are indepernlent of the dHrity in accordw wrfh the ethKal U£men15 thai are relevantto ourauditofthefiMrKialstatementsinthtiJL Iru&V¥thE FRC5 sfKtsrd. and¥Je havefvffiled obtalned slItandapVWIetO wo¥ide a basl0rrmQPvth. In adIrg finartI s1knThts. Judd th71thEtr1Èe LkSeofthephrorrn E4s15 ofargithi Ihthe preparntionof th fir4nty¥l stattmerrt5isaFww&te. thai if7Ul1yr couecbth, may ca# doubr th tharitys alxlity t&1 a5 a Wn8 cown for i PEriod ofat l•ast tWee Mwtltsfrurn Ilhe finalS11trTherrts artarILW. Our respOn#tieS aThl the reswdbi ilit5 ofth2trtres rwECt to qcorThn arÈ d¢Krfbed ththe rthnt se¢i¥Jn5 Df thre)rL Thetru5tee53rn r•spJrsthlorthe 0rInfOTAtkln.TI$fj1I0[nl0fitiDn Comse5th[01mth inchMIEdkn the AnDual Ilepuri otherthan finan(I8lstatffltrrt5 and LwwRewi ol¥ IndwdElltAuditorsther lTh¢tsnnerthin WithouraLhlhoftfln•rth1 5MefflwoLrresponslbiI sto readtheother informatsn abJ.in(knin¥ obta[d audrf( or ¢ltreri5e to rn155lated. If Yhyt Tria¢¥lal or lent matsrkl rn1sstatyn ** rewlred to do¢rnikneTwIth tN5pve5 tse to a rntrkl ftMSStJtemert the flMncl•l themseKv. W. b•wJ cn the we c¢ncbJ4e that ¥ materfal rntssiatement 01th50ther irrfDnnatw ¥MarÈwuirEdto repNtthatfxL Wethe r•thitytOWthth&repr 2[8q41s t0 reportto you W. kn Nr¢knw: the knf4¥m8tl)n in the ReF47rt of tre Trustee5 ary respect wlth tho finarwl the finah¢rdl stattrnentsJre not In a8retyMrtwiththeaccorrerdS¥T4 rebJn5:iJr . we h6¥ewtrEceNed althe knfonnakn arxlwtsnath)n5werewefor•uraJ As eyplained rnure ful in the StatemÈnr ofTnJsiees' thetFustee5 afE rryonsit4e for tt pw•rati of the rncr1 Slatpr whlch a f•r •iew. frjr suth intn* corthl a5 the determine fvaud orerror.
of the lTrSe prrlthel7na¢lISt.thPtrUStee3rertspforX$8es1lrfthe dwWSlltyto¥Th3S1InS ssthetrusiee5elthErintsndto Ib]uFdatethe(tsrtyortotta5e 0peratknnsorha¥t aunative itt00 We hv been apinted asaudkors der 144ofthEtharftte5£1201lar4winae(dlththe kt ml55trnert whether ro fraLI Lyerrw, t01sa Reprrtoltt hrrtAUditorsthat iUde5 (wr ownk)h. Aelsome auLYance IE a of as9me. not è Ire Cond-te0 in a¢cr¥thn¢ewith M5IUKl7h4ll&way5dEtect a matttièlft•sA•tw•rtwheThrteYltt& Mbstaiemerrts warisefromfraud or error and aTrconld¥ed mattrw Sf. 1rthidualOrkn the a88r¢, ltr•tould be Ferned1• the eCorM de£tskns¢)f rstaean thE ba5i501thesefinanclal si•tem IrWarit1 Intlu(lryfrxd, are nCes01)nOrApleTWth knandfwktknrs. Wed prnredure5 in1kn2 thtth Ir re$wnsifie5, Ou1& a.tO detettmaithal mtsstatsrThEntsin respecLc4lrrqulaiibs incluthwfraud. Th& oxtentto whhourpFeUeS 0reapabofdQt•C1IrÈthf1t be>. We asse$5ed w$ceptty of the rLvnwrrf5 fmncial statemwts w material hty fra1 mWDcuJr.Auth woced¥res porforniodbrfthe ¢tymp•tyeryayntearn Ind1¢¢.. 4ppl¢aL4E lawand reBu1 Chall•7¢14$$Un5aTrylmm% rnado bymar4omentln its I parlar.. irKJ5ion wrthin thefinandèlststÈmeMs' ITrthefin•rWstknfflenl Our autht thd wt any sl8nffkant matws rewrq tu the dEteckn of IntbJdir¢ fraL Hrrtvever. d•%piie the btlr¢ Flanned and condlthd In aL¢ordan¢e Trrith W (UK) ther? 3{16 an li5k that maierw miistatennts ID the fin¥Kial statemems May nott deieeted 0t0 irtwentikniiatyors ofts audK and trat by theli ¥ery nature. IrnceS of ar irrwl¥lty cokn, ftyyry. inrtioTr•l lthpendeTrtAuth"tor Th15 rtyort Is rnadÈ sow to tre i¥u5ttt5. as a t. In aCCoan11 4<yfthe ChaElths ILcounts aTrl Aepurtsl Rwlthn5 2CQ8. audtlwtyk Lmdertaken 50 that sta¢tto the tru5teesth mltternwearE reqr& to state rotrm knan fEPOrtaThJfcf Tr)other pwr•xTothe fvlutExtenrpumitt Iw,wei) ADICEptOrs5Urne r"1tyttsaTts otherthan ttthity aTrJthe tharty'strttetsIsO bo. forour MrMOth¥chry FCCA ISwMorStstUWAwltyl For and on behaWof DJH Au&tLimited 3rd FloorPxlficfvmbers 11-13Victoria Street iZ5 Date.. 16
Year End 3L7JS 3L724 fvnd5 fund5 In7.XYJ 1.787.$00 Chairablg aamtres Xl.745 311745 0thertradln8xj U6.763 11&763 L935.IX eXPElallTUREON Ablrydon8tion5and Ippcies 64.865 charirabIts Lfj03A59 LflJ3A59 Donatk)ThM Irthrpuration 2J18AO 13W 4.017,134 4,017,134 162.798 161796 [2244.9251 1207.(th) 207.cIxI Fl•1 IJ>IAW IZA513251 207.1)x¥ W.9251 17
ljohn Moo Consolldated Ba 3L725 3L724 Totsl fvthjs fur T1bIe¥Se L617 1617 li 91166 Cashat 745.386 853.670 CPEDfTOAS 1425J421 424328 AJnountsfallinithafter nKrtth•n uneyur 13 116748 1244.925 Vnre5trttttdfiJnd5: Generalld P)luThd 473,019 924,9741 11451,9251 DIS•d fwd 6.? TOTAL FIW 11244,9251 31312026 The financval 5tytenntsWVe•pP1the801do1TnaTh1 lorI...-...............__........ •TrJwere 5*ned on behab. M.Craven
SbJdert< Unfjon 31J JL725 31.7.24 Totsl funds T•wble assets I$thents 1617 io L619 CURHEIIT ASKVS Debiors Cashdt bank li 93.wi I170 635M7 74157 Amountsfalllry dWithin 0Ye PJ7ABI 14323511 MCURRE11T AS%VS 313.9)5 lJnountslafirq&aftw 11674ml 359J461 FUNDS Unresirfcted fund5'. General fvnd Penon fijnd 35&628 11.924.974 Desnathd fund TOTALFUI 12J593461 31312026 -andw sned on rfs b¢haWtrr. M.Craven Mle5Craven.TrustQ8
ljohn hFW5 3L7 Clsh ynerdted frcffl operiMs Puv¢hase of Frrtd Assets C•sh•nd ¢4ih EquPAknThtsatW¥bwth¥
ljoknm Students. Unlon Nottstothe S fort Cash JL725 Dopre¢L*tbffithary5 F4cTrcash P•L kncLxMedtUCb5IrpernI t4DTrcash InryJme Ilncrea5eMdecrease In debt$ In¢ts5elldecreasel in ueditors 074> At3L7.24 Cath ITrxT At 31.72S Cash ai bara 745386 74¢1 74531$ 21
ljohn Flotesto the Fln I Staterner finandal #atrments ofthe DrIty. TrAthith a pubk be1ti wthFRS 101 wepared in wrdam¢e with the Ch3rWSORP IFPS I021'knal Rew1in8 try Charrts". ofRetwmended Prxllceapplk4ble 1¢ ¢hartt preparlrethotr acco$¢tsre ¥Jiththe Rewrtiry StandardapF4katrAe In the VK and Republlc of I[8 IFPS IOZI leff2ctt¥ l JaNtyry 20191.. f%sanaal Aewjrtry 102 The nancl Rtwrtini Standard pplicableln ihe UK•nd RewblcollrelaTrttarAI the(haribE5P£t 2O11.The finanrialstrtsMts havE beeTr w¢p¥ed the listorkal ¢unventfrJn. the exCeptknTrofkn¥esimentswhe Ithwat marketvaknE. The1Ina1 statafflentsh te to li a alfI ¥ivwaThJhavedep¥tedfrom thE ChJiide51lullts athd Reportsl Re8ulation$ 2(8 onty kn th2 extent requlrtd to and falrf ¥lew. ThL% departure has Invo folhwlw rhe Chari1%5 SOPP IFRS 1021 publisw In OctobEt 2019 Tal ththe and by chllre LherwA7lJohth MoDrEs 5tthl&its' rnEEtsth?defint¥on ofa berTren dEr FR5 102. Assets ahd polkn. The ¢tsnsoFAlated frtmndal sratemrt wK¢)rpDThts tlw of th arpj ks y13r[e5 Ilx entsyes th¥t the 8roi cortrok throh rtSf•WlO80rn tsfinl atyj p]hd¢5 SQ •5ty tttalnetoMmK benefitsl. The resu thesub51tory¥e ¢orfdbJated cn a tsnE ty hre ThÈ1kn1rKlaststemartW¢p¥Ed kn ster1h oxrwT oFthe5WdtDt Ithp> Monetaryamw$ In these ststementsare Trtht0th¢ newest L E5MateS and jud8ments are contiNalfy •rE based on htty1 ttptsknce other facwrs The trArty makes #mileS and asswnOn$ corKvtringthEffiJi. The eJtknate5 and as%tsmWons WIIL by defi equal the rELitod actu reststt> e51Nnts ar that a 4nfftcant ol mrfal the Wibe5witrkn the firoKial are dlscvs5¢d beb)w. Preparafjon ofthe flrsan¢LIl 5tstements rere to mke hk•wNts•nd Estimate& The Mems ITr Ihe ftnèn¢ki15tatements wheretwludymerfsand estima beefy m>JE irdud21ssPkn$arOd tr ffnand In(Dm• I1rK•Me recww rthe(11tyhI5elIufQtr iliswllbab1Ethtthekn)Mtwl bernc•t4d and Giants •re Iuded in the Cortsolhjated StatohÈnt of ActfvlOK on • f•lvWe bas. The of ItKorne rec&d for $pedfi¢ purposes but wt weTrJed the perK>l & shLVn the rtt funds on the SheeL Where income L% re¢eNed thnce of £ernenr ot re¢eipL it5 deknEd and iKhJded In crethtars as donation. eomplthnofthe serte. Emndure rerqntsed once thve s¥ Wl Orconstr 14th)n w tr•6ferecorthnKbenefft to è thlrd party. rt" Probab th•t • tran51w of economk beneflts bE fEryirEd in setdemerf Ind the aTrnt of 01&abo be measured rdiably. Ew¢hJre rsda55ffied acty.ThecfjSbOf eathactNityare ofthetotal of(lrert$ts and 5haredcm Inc[¥#1£11$in¥oW xthity. DirttIa$aItrlbbt0a are
ljohnm Jtesto the I ststements. con Central sraff costs are4kncred Dn the bOf tknespenL and deprwatson ( alxated on the PDrtiDn ofthE assrt's on raiywlunds indth all expendltwe ir¢wred bythE Gr0Pts r fthid6 hr ts charllable purposes arn eApethrt indus+4eo1lvrK¢Jb[¢VAT. TaWt4e ftxed a$5ets ¢OStirrf É5CI)ormore iro fuDJrnwgMkbeneft5 3rEWthband tMtOrYa1eO11hQaS%Q1Can be rEliai. Tane fixed Assets are initkty It CO AJter c05t Thdd. rar4 ed a55ets are eagjrtd •t C05t 5% xojrnU de[rfe<4 6Trd xojmukted knF4trmtrt Its5 costs • de IE%ed •ssetlnto 1fftndedtAwWrTrSh0 te uhMl¢d Ints mÈaswementofc05t. YEC1• thar8ed yjasb) •l(utÈthec05tcflv4 assets rr?dl¥1lltyYreyrnated uEfvl .UtheIhI4kntm¢th0d. twer40 15 prov•don f¢knr¥ FTE5 and fitDr computwe9uiprTrt . 14%to 333a%strhtknÈ PEf .3333%stshtlno peranrnrn eralfundsxe tTltedN7Khe1V31ftyusO3t1thofthTwe¢sInrtPrUoferII Dest8wedfunds¢ommvrntrictedfiJndsthathkntn seta5KIEbytheTruwsfw P¥lurPUrweS.ts and U5eofeathdesnated fvnd issetLrtinthe Tr5toth¢lIThatsls1•1WTreTr1 been trrfthe Growfor F4rtknkr pwK•w>Tre0515 of rnw3nd thntsterin8suehfiJnd5 are tharyed knstthE SPEdflcfund. Thealm and vseoleath restind issÈt(yJtkn the rthtothe fir13nd ststernents. LtrerFwI Jokn MoDre5 UrMver5ity siudÈnW the StthNs' UriDh Scheme ISUSSI, * defined benefft stheme whKh external fundÈd and ¢oitrarted out of the States11 Pen5bn. The fijnd lsva1u&l least every threÈ Lty • wofe55l qualffd indwndeht lu•ry with the rates of ttsrtribUtn payab beln8 paidata trAaeed Thte. contribudons ha¥È ten tht to the kheme. As In rtr 16. the Ie the nèt ¥ahJe oftr lundlngdefkttas rewlred Qortfe550RP IFRSIOZI.
hn Mfx) dentg Unlon riDtÉsttTrthp Fl tements. 202 kotttth EqUItab PLC the Natlonal Unh)n dSttyJents Pen&on s(htINu5pSj whith 15 a rnty pur(hase stheme £CtrActed intothe5tstESerond pensSt¢ UthnskywdateoflW12014. al pemaneTrt membKsofthff ANatrI Empty)rtSarywsTnINESn hasbeethsetw in wthrWaut0•LeTrnrSoI$taff thg tetomè blOl¥ The Company On has fftrAndal as%ets and flrwKlal of a knnd b• lkn8NJ Ir&trLTrEnts. 8a5t Insirumerrts Jrelnlttalty ir•rtsarthJnvaknaThl yJbSEqLwthThea9Jed atthelrsettSemrrtvaluEwth the excepdon of barth knan5whlcharesutrwthmeay •tamortdtjrt I¢ter1e1nlere5t meits)d. AftY makin¢ appropriate eNuTrg the trwtees hwe a reasofiawe e¥wertatkn that th& h•$ ade4uatr resourw to Ilinuein QPEfaihinalethIofrff df¢Èfirtllre. For thWreaso•.ttrqcOThtirto ath)pttrwlhi¢th*ern bJ5 knwepodnltheflnmI 5tal¢m¢
Jo I Staterne JL?a5 31.714 Grnrrt5 L787500 L787.Sts) JL725 31.7.24 Med*salts 114763 JL725 31.724 A75 270 NL15Exir4 ClothlrfcomThM55 30.745 y•1r•rthd31ID1 Totsl Ra15kn8thJnakns Wles 117M2 ZfjOJ55 6J5J 1295,904 L93LI 171 P2531 r•¥akntr4 tototslwsts.
Inanck15tateffleiit5- PPDrt&aL¥vernanc Included kn the areasfokn. 3L72S 31.7.24 Stslfc05ts Stsff recrurtmw¢ tr4dW&xIc0Sts FadlltyCC&ts 161260 55y4 IlJ81 6341 63.760 31J64 Lwl. pmfE551onal &rorGuh3fKV IrreWverabVAT DEpreuaWon SUndryts 385237 Durln8 ye•r endEd 31 Juty Z025. rtyi1urakn for Sabba offictr trusttts lkncludin8 enplDyers Natkinal IrGurance penskn e•rtrfbuhoMI totaWE129.189 4. £1017191. Eath olthe sabbatsl offlw rKeW a l•ry 01 £15,838 pw annLTh12024. £24Sti)l a5 •thepJtKle5 OfA%aofthÈ Lr•wp?J0hn Nknre$5tuden UnrL GrrA rity 31.7.25 Gn>Jp 31.724 Char 3L725 31.724 Wa84$ s•L¥*5 8V71 89,149 353 87U71 89.149 35.330 728,859 64,991 30.293 728,859 64.9)1 30,293 936349 824,143 824.143
John Note5 tothe F Chaffty 3L7.24 125 3L7aS 3L724 Ralfvnds GLrnce gJpportrtf¥ 36 Group 2025 lThtt* b8rWJÉ6o,L. ÉlOJXh) be (rlu8 emknr nat[ wwrarKeand ctrj¥boD51 recehedty wrcne1 for the1rservlstOthe<tsrtyforth 12 mnth period wasE261439 (2024.£26U39L
Note5 to the Anarthl forthe Year Ended alju GrnUp tharlty eqthpnt Tots At 14•Awst Addth) At31Juty2025 At lAu812024 tharyElorpar tL794 At31Juty2025 I•()¥AL At 312025 At JIJU24 L617 L617 aMrth7 Sharps In ¢rvup cosr Ati•AWtZOZ4 And 31July2025 NEf BOOKVAUIE At31July2025 At31lur20l4 Lthd 114480 fte£bstered offke". student Llfe IOCopFovas HMI. Ernd. L3 Nabjreof bUneSs..1erttsl Th¥fln141 r•suksofthesthidbwyforthewthd Ilet•H¢ts Llrrol udert Limlted 113.on P.9nl 125J47
siudRnts' Unknn Statements- 2025 JL725 JL7J5 3L724 31.7.24 Tradedth Otheidobrors VAT 1fj61 13.622 15.769 15.2UZ 11622 19.914 332 93 IC.284 iiwo aiEpiroK:AMOU1115 FPAEINO DuEwmiwioKYts 725 JL7.25 3L7.24 31.7.24 Tiadecredrf¢ors Taxation and soclal$4oxlty PerGhin fiabllty Otrrereditor5 61.62Z 2L322 250.104 91294 61BZ 21.322 2SO.104 90.794 411 47mJ 6J 237hQJ 432.252 Group 31.7.24 arlty 31.7.24 3L715
L725 Penon 2.67470 2.,H7o fjroup 3L7.24 4L725 11.725 31.7.14 OthwfInanl14bYs me75ured atf¥rd 2J24974 924.974 OtherfiThBnt4I114ikilths m¥sw•d Irmmandexp•thxeryYbtthepenn OrfntrmfyIFaLI1itv.
tothe FlTrandalS Year Ended a At aL07.25 24 nd5 fvr Generdl fund Peroion 081eId 4W77 NetmobThTrrt In InthEabm InLrKnlr GEnewalfvnd PerlL¥lnd IJ4L193 1¥11441JI P52201 lJ24J74 TOTALHJMIS 41W67 131 2IU754 Thedesllnated fundsare unreStrlct•dfund51hatare¢r3thd Ythetrskn costs 0¥taIn projectsThE ojrrent proiectsthattl dtefundsarÈl0 be a1bratedtoare4ornvllprtrffl¢ stratE8ydknbrbmenL erlfund& ThL% fijnd thD5e reJouruswhkh ellOardsmeet[ryaryO1ttdl?abIEobj"eClts The pen5kn rEseThe Is i fdtr) delk?trfGdD52d innol¢lfj. 31
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siud•n Char on iledstate 317.25 Totsl 31.7.14 Total fijr INCOMEANDENDtrAEKts Grants 47&7) tharttabl• a¢J¥ltles 30.745 WB.245 EXPEMDffVRE staff costs gJbscrtkins Printin¥ & C¥rtal Markotin8 CwnpaiBn5 Frtshtrs Falrs Awar 44396 6h45 459 220 6J50 Restructure Casts Sports Eyefjts 1735 49929 626.901 iO.W8 46.187 Falrs Unlfom kademK Reprtsenta Heakh &Saftty 47.634 14516 73 439 Hospltalty SpDrts Event5 U5 23,712 1.841 5.897 LZOI 2L205 212 5DAent Led DeMrIty Student Leader5hlpOe44)went Jscdpb"on5 Volunte¢dn¢ tampal8nS Ir6ur4nco drfes Fre5hws •A13 745 U5 10,342 105 .248 25,916 70.915 10.883 20¢toJ 51641 gSA55 Award5 Affllatkin% Swrts &so¢tydub irarrfs ENnts& Campaiins MISCor*•rer Promo 7U60 .6YS Union PToJe¢ts De5fvtEd Fwd5ExFW
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