| Bankers | HSBC,9WellesleyRoad, Croydon, CRg2AA |
|---|---|
| Barclays,1North End,Croydon, CR91RN | |
| CAFBank Ltd,25KingsHillAvenue,KingsHill, | |
| WestMalling, Kent, ME194JQ | |
| Auditors | BrydenJohnson,1-4KingsParade, |
| Lower Coombe Street,Croydon,CRO 1AA |
| LocalAuthorities Donations,grants,andlegacies Grossturnoverof subsidiarycompany Hire offacilities Bankinterestreceived |
f. f t t f |
3,221,380 760,610 190,992 122,124 213 |
|---|---|---|
| Expenditure has supportedthefollowingopera | tions | |
|---|---|---|
| Bramley Hill Centre JeanGaruvoodHouse Rutherford School |
t t t |
586,992 811,817 1,875.198 |
| Totalresources expendedon charitable activities (including supportcosts) |
t | 3.274.007 |
| Unrestricted | Designated Restricted |
Designated Restricted |
Total | Notes | ||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| t | E | e | e | |||
| lncome&Endowmentsfrom: | ||||||
| Grants, Donations &Legacies Facilitiesand shop income |
39,489 313,116 |
72t,12r | 760,610 313,116 |
7 I |
104,5L1 304,960 |
|
| lnvestments:interest,dividends, rents | 2L3 | 2r3 | 12,L63 | |||
| lncomefromcharitable activities | 3.22L.380 | 3,221,380 | 9 | 2,840,638 | ||
| Total | 3.574.L98 | 727.r21 | 4,295.379 | 3,262,272 | ||
| Expenditure on: .Raising Funds |
764,2907L,834 | t76,L24 | 10 | 143,803 | ||
| Charitable activities Total |
3, | tL.834 | 4.t37 4.137 |
3.274.OO7 3.450.131 |
t7 | 2,9t7,005 3,060,808 |
| Net lncome/(Exppnditure) beforegai,nsandlosses | 140,039(11,834) | 7t6,983 | 845,188 | 201,,464 | ||
| on investmentassets | ||||||
| Gain/(Loss)on investmentassets: | ||||||
| RealisedGain/(Loss)/ UnrealisedGain/(Loss) |
{56.251) | (56.25L)4 | 27,66L | |||
| Total | (56.2s1) | (56.2s1) | 27.66L | |||
| Net lncome/(Expenditure) | 83,788(11,834) | 776,983 | 788,937 | 229,125 | ||
| Transfers | ||||||
| Grosstransfers between funds | 825,907(1s4,780)(67t,L2Ll | 15 | ||||
| Net incoming reJources beforeother recognisedgainsandlosses |
909,689 | (166.614)45.862 | 788.9?7 | 229,t25 | ||
| Net movementinfunds | 909,689 | (L66.614)45.862 | 788.937 | 229,125 | ||
| ReconciliationofFunds Total funds broughtforward |
3,s36,941L,0t2,9453,573 | 4,5s3,459 | 4,324,334 | |||
| TotalFundscarriedforward | 4,446,630 | 846,3tL | 49,435 |
5.342,396 | 4,553,459 |
| Group 2025 2024 |
Charity 202s 2024 |
Charity 202s 2024 |
||
|---|---|---|---|---|
| Notes | Total Prior year |
Total | PriorYear | |
| Fundstotal funds | Funds | total funds | ||
| fs | EE | |||
| Fixed Assets Tangibleassets lnvestments TotalFixed Assets |
3 4 |
4,77L,6173,132,220 689,723945,974 4,86t,340 4.O78,794 |
4,r77,6L13,L32,220 689,725945,976 4.86L,3424,078,196 |
|
| Current Assets Debtors Cashat bank and in hand |
5 | 226,464322,469 951,838636,379 |
262,653 9L3.046 |
354,632 596.201 |
| TotalCurrentAssets | 1,178,302958,848 | I,17s.700 | ||
| Liabilities: Creditorsfallingduewithinlyear Net CurrentAssets |
6 | 478,59r 483.583 699,7L0475,26s |
475,99L 475.570 699,70847s,263 |
|
| Totalassets lesscurrent liabilities | 5,s61,050 4,553,459 |
5,561,050 | 4,553,459 | |
| Cre.ditors: amountsfallingdueaftermorethanlyear | 6 | 218,653 | 218,653 | |
| Net AssetslncludingPensionLiability | 5.342.397 4.553.459 |
5,342.397 | 4.s53.459 | |
| FundsoftheFoundation | ||||
| Unrestricted lncomeFunds | 15 | 4,446,630 3,536,947 |
4,446,630 | 3,536,941 |
| DesignatedlncomeFunds | 15 | 846,331 r,072,945 |
846,33L | t,o12,945 |
| RestrictedlncomeFunds | L5 | 49,436 3,573 |
49,436 | 3,s73 |
| Total FoundationFunds | 5,342,397 4.553.459 |
4,553,459 |
| 2025 | 2024 | |
|---|---|---|
| C | f | |
| Cashflows from operating activities(note20) | 9s2,838 | 269,292 |
| lnvestingActivities lnvestment income |
2t3 | 12,L63 |
| Proceedsfromdisposaloflnvestments PurchaseofFixed Assets |
200,000 (1,090,841) |
7t8l |
| CashProvided by(usedin) investingactivities | (890,628) | (232,555) |
| FinancingActivites | ||
| Proceedsfromnew-bankloans | 275,O00 | |
| Repayment of bankloans | (21,750l' | |
| Netcash used infinancingactivities | 253,250 | |
| Netincreaseincashandcashequivalents | 315,459 | 36,737 |
| Cashandcashequivalentsatthebeginningoftheperiod | 636,379 | 599,642 |
| Totalcashandcashequivalentsattheend ofthe period | 951,838 | 636,379 |
| Heldas: | ||
| Cashatbankand inhand | 951.838 | 636,379 |
| Totalcashandcashequivalentsattheendof the period | 951,838 | 636,379 |
| Freehold | Property Under | Leasehold | Motor | Plant and | Total | |
|---|---|---|---|---|---|---|
| Property | Construction | Property | Vehicles | Equipment | ||
| (long) | ||||||
| E | E | € | e | f | f | |
| cosT At1September 2024 |
2,632,737 | 362,33L | 583,649270,942 | 663,375 | 4,573,O34 | |
| Additionsinyear | 1,055,631 | 34,209 | 1,090,840 | |||
| Disposals inyear | ||||||
| At31August 2025 | 2.632.737 | 583.649 | 270.942 | 5.603.874 | ||
| DEPRECIATION | ||||||
| At1September 2024 | 40,66L | 503,198 | 245,382 | 59L,572 | 1,380,813 | |
| Chargefortheyear | 12,878 | 6,390 | 32,176 | 57,444 | ||
| Disposals inyear | ||||||
| At31August 2025 | 40,66t | 576,076 | 257,772 | 623,748 | 1,,432,257 | |
| NETBOOK VALUE At31August 2025 |
2,592,076 | 67,572 | 19,170 | 73,836 | 4,77L,6r7 | |
| At3LAugust 2024 | 2,592,O76 | 362.33t | 80,451 | 25,560 | 71.803 | 3.732,22I |
| INVESTMENTS | ||
|---|---|---|
| 2025 | 2024 | |
| f | f | |
| Quotedinvestments: | ||
| MidmarketvalueLSeprember2024 | 2023 | 345,974 |
| lnvestmentsadditions | ||
| lnvestments disposals | (20o,ooo) | |
| Realisedgainoninvestmentssold | ||
| Unrealised gain/(loss) | t8,749 | 27.551 |
| Midmarket value3IAuguslZ02S/2024 | t64,723 | 345,974 |
| lnvestmentproperty: | ||
| Market value1September2024/2023 | 600,000 | 600,000 |
| Netgainesorlossesthroughfairvalue adjustments | (7s.000) | |
| Market value31August2ozs/2024 | 525,000 | 500,000 |
| Totallnvestments | 689,723 | 945,974 |
| 5 | DEETORS | Group | Charity | Group | Charity |
|---|---|---|---|---|---|
| 2025 | 2025 | 2024 | 2024 | ||
| € | E | f | I | ||
| school fees in respect of AutumnTerm 2025 andothercharitable fees receivable Other debtors andprepayments |
t63,r57 63,306 |
t63,t57 99.496 |
257,77f 70,750 |
251,7L3 ro2.9t3 |
|
| 226.464 | 262,653 |
322.463 | 354,626 | ||
| 6 | CREDITORS(duewithinoneYearl | Group | Charity | Group | Charity |
| 2025 | 2025 | 2024 | 2024 | ||
| g | f | f | |||
| Bank loan | 34,597 | 34,597 | |||
| Taxand social security creditors | 5a,294 | s8,294 | 39,786 | 39,786 | |
| Deferred lncome | 49,372 | 49,372 | 288,120 | 288,L20 | |
| othercreditors & accruals | 336.328 478,591 |
333,728 475,99L |
155.677 483,583 |
L47,664 475,570 |
| Bank loan Taxand social security creditors Deferred lncome othercreditors & accruals |
34,597 5a,294 49,372 336.328 34,597 s8,294 49,372 333,728 478,591 475,99L |
34,597 5a,294 49,372 336.328 34,597 s8,294 49,372 333,728 478,591 475,99L |
34,597 5a,294 49,372 336.328 34,597 s8,294 49,372 333,728 478,591 475,99L |
34,597 5a,294 49,372 336.328 34,597 s8,294 49,372 333,728 478,591 475,99L |
39,786 288,120 155.677 483,583 |
39,786 288,L20 L47,664 475,570 |
|
|---|---|---|---|---|---|---|---|
| Deferred income represerits cqshieieivedor debtors | recognised in respect of charitable activitiestobe undertaken infuture | periods. | |||||
| 6 | CREDITORS(amountsfalllngdue af.ter morethdncineyear) .''.4 |
Group 2025 |
charity 2025 |
Group 2024 |
Charity 2024 |
||
| f | tf | e | |||||
| Bank loan | 2r.8.653218,6s3 | ||||||
| 218,653 | 218.653 | ||||||
| 7 | INCOMEFROMGRANT'DONATIONS&TEGACIES | Unrestricted | Restricted | 2025 | 2024 | ||
| Funds | Funds | Total | Total | ||||
| f | f | f | |||||
| Donations&legacies | :1 | 39,489 | 72r,t27 | 760,6L0 | L04,5LL |
||
| Grants | 39,489 | 72t,r2t | 760,610 | 104,511 | |||
| lncludedwithinindividual donationsisan amountof | fNil(2024:fNil)in respect oflegacies. | ||||||
| 8 | OTHER TRADING ACTIVITIES | Unrestricted | Restricted | 2025 | 2024 | ||
| Funds | Funds | Total | Total | ||||
| f | f | I | € | ||||
| Hire of Facilities | 722,L24 | t22,724 | L27,080 | ||||
| Sales ReceiptssubsidiaryCompany (CharityShops) | 190,992 | L90,992 | L77,880 | ||||
| 313,116 | 313,116 | 304,960 | |||||
| 9 | INCOMEFROM CHARITABTEACTIVITIES | ||||||
| Unrestricted | Restricted | 2025 | 2024 | ||||
| Funds | Funds | Total | Total | ||||
| I | E | f | E | ||||
| Bramley Hillcentre | 46L,933 | 461,933 | 453,321 | ||||
| Jean6arwoodHouse | 732,309 | 732,309 | 660,899 | ||||
| Rutherford school | 2,027,L38 3.22L.380 |
2.027,738 r,726,4L8 3.227.3802.840.638 |
|||||
| 10 | COSTSOF RAISING FUNDS | Unrestricted | Restricted | 2025 | 2024 | ||
| Funds | Funds | Total | Total | ||||
| t | E | f | E | ||||
| Direct staff andadministrationofcharity shops | r40,873 | L40,873 | tL4,O32 | ||||
| Direct staff andadministrationcostsofAppealsDepaftment | 23,4L6 | 23,416 | 20,248 | ||||
| Outsourced fundraising(capital project) | rL.834 | 17.834 | 9,523 | ||||
| 11 | EXPENDITuRE ON CHARITABIEACIIVITIES (including | allocationofsupportcosts) | Unrestricted | Restricted | 2025 | 2024 | |
| Funds €€€€ |
Funds | Total | Total | ||||
| Bramley Hillcentre JeanGarwoodHouse |
585,193 7,799 1LL,AL7 - |
586,992 8LL,8L7 |
487'058 732,786 |
||||
| Rutherford school |
| Forthe year end suPPoRTcosTs(included lnNote11) |
ed3lstAugust 2025 | |||
|---|---|---|---|---|
| Jean | ||||
| Bramley Hill | Garuood | Rutherford | ||
| Centre | House | School | Total | |
| 2025 | ||||
| E | E | E | € | |
| AdministrationStaffCosts | 72,665 | 72,665 | 72,665 | 217,994 |
| Othersupportcosts | 34,180 | 34,180 | 34,780 | L02,5t9 |
| GovernanceCosts | 3,552 | 3,552 | 3,552 | 10,656 |
| Total Support costsfortheyearended31stAugust 2025: | Lr0397 | 1L0.397 |
110.397 | 331.L89 |
| Total SupportCostsfor theperiod ended31stAugust 2024: | 48.832 | 48.832 | 49g4) | t46.496 |
| STAFF COSTS | ||||
|---|---|---|---|---|
| Group | Charity | Group | charity | |
| These costsare included in"Costsofraisingfunds"..ind "Expenditure oncharitableactivities"and consistof: |
2025 f |
2025 € |
2024 f |
2024 € |
| Salariesandwages | r,909,257 | 7,841,706 | 7,832,958 | r,756,770 |
| social securitycosts | L90,732 | 785,484 | 161,350 | 156,530 |
| Pension costs | 55,751 | 54,643 | 53,624 | 52,388 |
| 2.155.739 | 2.O4L233 | )o4791) | 1.S55.688 |
| pension schemesreferred toinAccounting Policies{Note1i). Theestimatedaverage number of"tploy""r, ''' |
TrT Number |
tlily Number |
W Number |
charity 2024 Number |
|---|---|---|---|---|
| Direct charitable activities | 64 | 64 | 61 | 61 |
| Direct staff andadministrationof charity shops | 5 | 4 | ||
| Management andadministration Appeals |
8 1 |
8 1 |
6 '), |
8 I |
| 78 | 73 | 74 | 70 |
| NETINCOME/EXPENDITUREFOR THE YEAR | 2025 | 2Q24 |
|---|---|---|
| E | E | |
| Thisisstatedaftercharging thefollowing: | ||
| Depreciation | 51,444 | 63,093 |
| operatingIeasepaymentsrecognisedas anexpense | 28,000 | 30,298 |
| Auditors Remuneration-auditof these financial statements | 12,000 | 10,320 |
| Auditors Remuneration-otherservices (audit ofsubsidiary interimaccounts, advising generally) | 7,349 | 5,050 |
| MOVEMENTSINFUNDS | |||||
|---|---|---|---|---|---|
| Balance | Movementin | resources: | Balance | ||
| 1-Sep-24 | lncoming | Outgoing | Transfers | 31-Aug-25 | |
| f | f | € | € | f. | |
| UnrestrictedFunds | 3,536,941 | 3,517,947 | 825,90L4,446,630 | ||
| DesignatedFunds | L.012.945 | {11.834)1154.7801 | 846.331 | ||
| RestrictedFunds | |||||
| RSDonations&Legacies | 2,338 | 25,000 | (2,3381 | 25,000 | |
| BHDonations&Legacies | 7,235 | 2s,000 | (L,7ee| | 24,436 | |
| Capital Project | 3,573 | 67L,T2I 72L,r2r |
t4,t37trc7L,72L1 | 49,436 | |
| Total | 4,553,459 | 4.239.068(3.450.131) | s.342.397 |
| Balance | Movementin | resources: | Balance | ||
|---|---|---|---|---|---|
| 1-5ep-23 | lncoming | Outgoing | Transfers | 3L-Aug-24 | |
| € | f€ | f | € | ||
| UnrestrictedFunds | 4,000,37t | 3,242,44t- | (3,034186) | (671,685) | 3,s36,941 |
| DesignatedFunds RestrictedFundS |
275,783 108.180 |
47,492 | (9,s23) {17.099} |
805,685 (135.000) |
7,O12,945 3,573 |
| Total | 4,324,334 | 3.289.933(3.060.808) | 4.553.459 |
| ANATYSIS OFNET ASSETSBETWEENF | UNOS AS AT 31 | AUGUST2025 | ||||
|---|---|---|---|---|---|---|
| Taneible ' |
lnvestments | Debtors | Cash | CreditorsNet Assets | ||
| Fixed Assets | ||||||
| tL | f | E | f | € | ||
| Unrestricted | ,4,r7L,6!7 | 164,723 | 226,464 | 58t,07L | (697,2441 | 4,446,630 |
| Designated | s25,000 | 32L,33L | 846,331 | |||
| RSDonations&Legacies | 25,000 | 25,000 | ||||
| BHDonations&Legacies | 24,436 | 24,436 | ||||
| Total | 4,177,6L7689,723 | 226,464 | 9s1,838 | s,342,397 | ||
| comparativeanalysisof netassetsbetweenfundsasat31August 2024 | ||||||
| Taneible - |
lnvestments | Debtors | cash | CreditorsNet Assets | ||
| Fixed Assets | ||||||
| €€ | f | f | f | f | ||
| Unrestricted | 3,!32,220 | 345,974 | 322,469 | 2L9,867 | (483,s831 | 3,536,94L |
| Designated | 500,000 | 4L2,945 | 1,o72,945 | |||
| BHDonations&Legacies Hydrotherapv Pool(CapitalProject) Total |
-__I,Z3S-L,23s 3,!32,220 945,974 |
322,469 | 636,379(483,s83)4,ss3,4s9 2,338 2,338 |
| 2025 | 2024 | |
|---|---|---|
| € | f | |
| Assets | M,326 | 44,844 |
| tiabilities | (44,3241 | (44,8421 |
| NetAssets(sharecapital) | 2 | 2 |
| Turnover | 190,993 | 177,880 |
| Bankinterest | ||
| Expenditure Profit |
(140,874l, 50,119 |
(7r4,O321 63,848 |
| OF NET MOVEMENTSINFUNDSTONETCASHFLOW FROM OPERATING ACTIVITIES | ||
|---|---|---|
| RECONCILIATION | 2025 | 2024 |
| EI | ||
| AddBackDepreciationcharge Deduct lnvestment lncome Unrealised Loss/(Gain)on lnvestments (lncrease)/DecreaseinDebtors lncrease increditors |
788,937 5r,M4 (2t31 56,2sr 96,008 (39,s88) |
229,125 63,093 (12,1631 (27,66t1 253,967 (237,069| |
| NetCashUsed inoperatingactivities | 952,838 | 269,292 |
| OPERATINGTEASECOMMITMENTS The Grouphasoperatingleasecommitmentsinrelationtotherentalofretail premis Limited andleasesof officeequipment,asfollows: |
es usedbyitswhollyowned trading subsidiary CroydonC | PTrading |
|---|---|---|
| Futureminimum operatinglease payments | 2025 f€ |
2024 |
| Withinoneyear Betweentwoand fiveyears ln over fiveyears |
30,732 L1L,762 4L,667 |
25,4?2 56,844 54,167 |
| 184,t6L | t36.443 |
| Unrestricted | Designated | Restricted | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | 2024 | |
| f | € | E | |||
| lncome&Endowmentsfrom: | |||||
| Grants, Donations&Legacies | 39,489 | 72L,r2l | 760,610 | 104s11 | |
| DonationfromTradingSubsidiary | 50,119 | 50,119 | 63,848 | ||
| Other TradingActivities Investments:interest,dividends,rents |
t22,124 2t3 |
L22,t24 2r3 |
127,O80 t2,L63 |
||
| lncomefrom charitableactivities Total |
3,22L,380 3.433.325 |
72t.L2t | 3.22L.380 4,154,446 |
3,148,240 | |
| Expenditure on: Raising Funds Charitableactivities Total |
23,4t6 3,269,870 3.293.286 |
Lt,834 Lal4 t |
4,L37 4.L37 |
3.2t4.007 35,250 3_309.257 |
29,77L 2,9t7,O05 2,946,776 |
| Netlncome/(Expenditure)befor:e gainsandlosses | 140,039(11,834)716,983845,188 | 20L,464 | |||
| on investmentassets | |||||
| Gain/Lossoninvestmentassets | |||||
| RealisedGain/(Loss) | |||||
| Unrealised Gain/(Loss) | 27,661 | ||||
| Total | .661 | ||||
| NetIncome/(Expenditure) | 83,788(11,834)7L6,983788,937 | 229,t25 | |||
| Transfers Grosstransfersbetweenfunds |
825,soL(1s4,780)(67t,L2r) | ||||
| Net incoming resources beforeother recognisedgainsandlosses |
909,689 | 45,862 | 788,937 | 229,125 | |
| Netmovementinfunds | 909,689 | (166.614)4s,862 | 788.937 | 229,125 | |
| ReconciliationofFunds Total fundsbrought forward |
3,536,94LL,0r2,94s 3,573 | 4,ss3,459 | 4,324,334 | ||
| TotalFundscarriedforward | 4,446,630 | 846,33149,435 | 5342396 | @ |