VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 1146 Registered number: 01830587 Charity number: 289243 BRITISH DYSLEXIA ASSOCIATION (A company limited by guarantee). TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 2146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). CONTENTS. Page Roferenco and administrative details of the Charty. its Trusteos and advisers. Chairman's statsment Trustees. report. 5-18 Independent auditor's report on the financial statements. 19-22 Consolidated statement of financial activities. 23 Consolidated balance sheet. 24 Charity balance sheeL 25 Consolidated statement of cash flows. 26 Notes to the financial statements. 27-44 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 3146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES. AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees. Michelle Catterson, Chair Delia Hazell Fauzia Jan {resigned 12 August 2024) Timothy Neale Dr Georgia Niolaki Enrico Riva Helen Ross (resigned 28 August 20241 Nathan Davies {resigned 28 May 20241 Arran Smith Iresigned 4 February 20251 Barry Slanlon Shoshana Whybrow Marcia Brissett-Bailey Helen Ashley Taylor Susan Ball (appointed 1 August 20251 Marton Jamies-Edwards lappoinled 22 July 2025) Company registered number. 01830587 Charity registered number. 289243 Rogistered office. 1 Friar Street Reading RG1 1DA Independent auditor. James Cowper Kreston Audit Chartered Accountants and Statutory Auditor Reading Bridge House George Street Reading Berkshire RG18LS Page 1 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 4146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). REFERENCE AND ADMINISTRATIVE OETAILS OF THE CHARITY. ITS TRUSTEES. AND ADVISERS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Bankers. Barclays Bank p.l.c Reading Branch Mid Thames Group P.0. Box 27 Reading, RG12HD Aldemiore Bank Apex Plaza Forbury Road Reading RG1 1AX Solicitors Boyes Tumer LLP Abbotts House Reading RG13BD Executive Officers: Chief Executive: Chivonne Preston (until 30 September 2024}. Ellen Broomé (from 30 September 2024) President: The Lord Addington Vice Presidents: Professor Angela Fawcett Sharon Hodgson MP Professor Joel Talcott Sir Jackie Stewart OBE Page 2 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 5146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 On behalf of the board of trustees at the British Dyslexia Association IBDAI. l am pleased to present this year's annual accounts, which reflect a period of continued challenge across our sector and for our organisation, but also one of real commitrnent and resilience from our team and wider ￿mMunIty. This year has bèen a timè of ehangè both intemally and in the èxtemal landseape. Following thrèe yèars of operating deficits. we undertook a careful restructure of the organisation to reduce our ongoing costs and protect our ability to deliver our eore charitable objectives. These were difficult decisions. and we recognise the impact on staff and stakeholders, but they were essential to secure a more sustainable future and ensure we can continue to serve the dyslexia community for the long term. In a climate of increasing pressure on education, health and employment services, our charity has remained focused on ensuring that children, young people and adults with dyslexia and other specific learning difficulties are better understood and better supported. From raising awareness in schools lo equipping employers with practical tools for indusive practi￿, our work continues to make a meaningftjl dir1eren￿. Key developments over the year We brought diagnostic assessments in-house, enhaTr￿ng quality assurance, consistency and accessibility for familie5 and individua15 seeking 5UPPOrt. We revised our constitution to move away from a formal membership structure. As a result. and lo make our support and resources moTe inclusive and accessible, we removed fees for individual membership- helping to wden access to infomiation and services for those who need it most. We also established the dyslexia network- a new ¥tructurè that brings togèthèr local dyslèxia associations and other charities and community groups that work on dyslexia under a more unified, collaborative model. This reflects OUT commitment to partnership working and to amplify the vital contribution of LDAS and other dyslexia groups and organisalions across the country. We reviewed and updated how we communicate with our community, moving away from printed publications and legacy contact system5 to more accessible and inclusive digital formats. This change has helped us reach a wider audience more efficienuy. improve engagement. and ensure that our information is easy lo access and share. We hosted the tr¢-annual flagship international conference, bringing together leading researchers, practitioners and people with lived experience from across the globe lo share knowledge and shape future practs'ce. We reviewed and revised our Level S and 7 Dyslexia and Dyscalculia courses, to improve students, experience5 and lo ensure it reflect5 emerging evidence in research and practice. Thanks lo the fantastic support of Theo Paphitis Retail Group and our Dyslexia Empowenment Champion Theo Paphitis. we have been able to offer assessment bursaries for young people from low-income households. This year also marked a leadership transition for the BDA. We extend our sincere thanks to Chivonne Preston for her dedication and steady leadership during her lime wrth us. Vve now warmly welcome Ellen Broomé, whose experience and insight will help guide our next phase of ambitious growth. Looking ahead, we see real opportunities for positive change for dyslexic people. With a new govefflment in place and growing public interest in inclusive education and workplaces, we have a renewed chance to influence national priorities. The launch of Jamie Oliverfs campaign - calling for better identification and support for children with dyslexia in schools- has already helped bring these issues into the spotlight. We look forward to building on this momentum. Page 3 VkiuaBunatLnTrarffjxlvM Ref. PM3WSP8C-TRC3 08 Sep 2025 11..59..4988T{UTC +11 D 114 P 6146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee)- CHAIRMAN'S STATEMENT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 On behalf of the Board, I would like to thank our staff, volunteer5, partners, and supporters. Your belief in, and support for, our mission of improving the lives of dyslexic children, young people and adults, continues to drive everything we do. Michelle Catterson Chair Date.. 03 September 2025 Page 4 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 7146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees are pleased lo present their annual rewrt together with the consolidated financial statements of the charity and ils subsidiary for the year ended 31 Nlarch 2025. which are also prepared to meet the requirements for a directors, report and accounts for Companies Act pU￿oSe$. The finan￿al statements have been prepared in accordance with the Charities Act 2011. the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities." Statement of Recommended PraGliGe, appliGable lo charitie5 preparing their aGwunts in aGG0[dan￿ Wbth the FinanGial Reporting Standard, applicable in the UK and Republic of Ireland IFRS 1021. The information on page 1 and 2 fomis part ofthe Trustees, Report. The Trustees confimi that they have referred to the Charity Commission's guidance on public benefrt when reviewng the Charity's aims and objectives and when planning future activÉlies. OBJECTIVES AND ACTIVITIES The Brits'sh Dyslexia Asswation I"Ihe BDA" "the Charity.) has its principal objects contained wrthin the Charity's memorandum and articles of association, which are.. 'lo advance the education of dyslexic people of all ages in relation lo all aspects of dyslexia and related conditions. and lo conduct research for the public benefit into the problems of dyslexia and related conditions and lo disseminate the results of such research.. Vision, Mission and Value5 Vision Our vision is for a world where people with dyslexia can fiourish. Mission Our mission is to change society by removing barriers SO that everyone with dyslexia can reach their full potential in education, in employment and in life. We raise awar&n&ss We infomi and educate to encourage incEusion and inspire change. We promote unclerstanding We base our expertise on evidence and research, setting professional standards and influenong policy. We empowerpeople As the leading national dyslexia charity, we speak out on behalf of the dyslexia community lo champion a dyslexia-friendly society. Values Excellence We work with our community and each other to ¢ontinuously improve all that we do and the services we Respect We are an inclusive organisation where everyone has a voice which is listened to and is valued for the unique skills they bring. Team work We collaborate and support each other in pursuit of our vision: we are strongest and most effective when we work together. Innovation We embrace different thinking and encourage everyone to bring their ideas and initiatives. reflecting the diversity of the community we support. ACHIEVEMENTS AND PERFORMANCE Our main activities and who we support are described below. Page 5 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 8146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The BDA supports children, young people, parents and carers, and adults Mqth dyslexia. We work to influence policy and practice lo make sure all people wth dyslexia can achieve their full potential and thrive- whether in school, in work or in life. Below we Set out our main activities and achievements for the year 2024-25 and how we supported Children, young people and adults wlh dyslexia, how we worked with professionals and workplaces, how we engaged with our community, and how we worked to increase awareness and advocate for change. All our charitable activities are undertaken lo fvrther our charitable purposes for the public benefit. 1. Supporting individuals with dyslexia BDA Natlonal Helpllne Our national helpline continues to be a vital source of support and expert information for individuals and organi5ations acr05S the UK. This year, we answered over 5,700 queries- a increase from the previous year,. helping callers navigate a wide range of dYSle￿a-re1ated concems. Enquiries are in the form of telephone calls. emails and So￿al media messages. Common tOPiC5 that people enquire about are diagnostic assessments, dyslexia support for education. exams and work. practical strategies for dyslexia including assistive technology. accessibility and lrfe ski115. With growing demand, the helpline continues to be a COTnerstone of the BDA'S commitment to empowering people with dyslexia and those supporting them. Staffed primarily by volunteers. around 80OA of phone calls are taken by volunteers and the remaining 20% by BDA staff. The helpline benefits from a diverse team of experts. including aduks wth dy51exia, relatives of dy51exic individua15, and current or retired dyslexia specialists. Their personal and professional experiences ensure a u5er-led service, providing knowledgeable and compassionate support. A volunteer described their role.. olunteering fr)r the helpline is brilliant. Not only do you feel you can offer real help and support to callers, but you gain so much yourself. The excellent training and support from manageTS and fellow volunteers, means that you're always leaming. and the fact that you never know what the next phone call will bring keeps you constantly on your toesl Challenging, rewarding and satisfying." Helpline users highly valued the support they received, with an average satisfaction rating of 4.5 OLrt of 5. In our survey, 900kn said they got the infomiation and supwrt they needed. and 640kn fell better equipped to move forward following their enquiry. Caller feedback.. "Each point of my email was addressed. plus I was signposted to an organisation that could help. It's given us confidence lo take the next steps.. he helpline helped me move forward with school and an assessment for my daughter. l ended the call feeling less alone-more positive about her dyslexia and my own diagnosis_" Page 6 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 9146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Informative informarion service need find going helpful happy spoke advicecall help Thankanswered gave lady dyslexia much phone person email Say thank amazing reassuring knowledgeable really helpful t lady spoke also pay Tro point assessment received person spoke Word cloud representing feedback received fr(*m he¥)line users. Onllne Support Groups Our new online support sessions provide a safe and welcoming space for adults with dyslexia and families of dyslexic children and young people. Open lo all, these fr& and confidential sessions offer an opportunity to connect, share experience5, and 5UPPOrt one another. We have welcomed neady 60 people so far. who have benefited from this peer support They are a vital source of communty and encouragement, empowering participants through shared understanding and practical support. We wll seek lo expand this provision in the next year. Partlclpant Teedback.'"Hearlng Oihers explaln thelr dyslexla helped me relate to Ihelr experiences, whlch In tum helped me understand myself better. It's also made me kinder lo myself.. 'It's reassuring lo know I'm not the only dyslexic person facing similar challenges. As a grtyjp. we were able to support each other and share useful technology that can help us right now." Diagnostic assessments The BDA provides fiJll diagnostic assessments for dyslexia and dyscalculia, helping individuals gain a dearer understanding of their needs and access potential funding and support. Assessments can be conducted online or in person by specialist teachers or psychologists. In 2024, we arranged 2.349 assessments. From December 2024, the BDA transitioned its 'referral assessment service, to a fully in-house model. Now, all assessment bookings are managed directly by the BDA'S assessment admin team, ensuring a more effiuenl and consistent experience for clients. "[Assessorl was friendly and professional. I was anxious coming into the assessment and his approach and process Teduced my stress levels and supported me throughout the assessment. It was a positive experience and helped me feel comfortable wslh my challenges Mthin the context of my gtftsl In the past il has fell like having Dy51exia a shameful secret abnormality. l am very grateful, and surprised that il was a positive experience even when I was naturally struggling to do some part of the asse5smenl. Thank you to the British Dyslexia Association IBDAI Team, Inamed adminl and la5se550rl!" 'Thank you so so much for organising thisl It's such a relief to finally have answers and already efforts to put support in Pla￿ for xxxx have kick started. It means the wortd to both xxxx and myself. Thank you so much again. "IAssessorl is clearfy an eX￿p￿.onal and talented assessor- throughout the long assessment he was hugely kind, empathetic, professional, obseNant and ran the session at an excellent pace and regulady checked in on my wellbeing. He made the session a memorable and meaningful experience, even though the assessments were tough and testing. Thank you so much. I wish I had done this much eat1ier in my life, but it's never toj late. Recognising the growing need for dyscalculia support, the BDA ha5 launched a dedicated dyscalculia assessment service. This allows individuals to be formally as5es5ed for math5 difficultiesldyscalculia, further expanding the support we offer. Page 7 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 10146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 2. Supporting our community Local Dyslexia Hubs This year, we launched our Local Dyslexia Hubs pilot project ift Devon, South Wales, and Northern Ireland. These will explore the need for local support and the best ways to provide information_ We recruited, trained, and inducted 22 'expert by experience, volunteers from across these regions. Their role included conducting local research, distiibuling a needs survey, and planning targeted actimlies to support the dyslexia community- To help shape the project. an Expert Panel of seven external stakeholders promded valuable insights. We also established connections with local organisalions to better understand the landscape, raise awareness of Local Dyslexia Hub seNices. and build partnerships. The first major event was a dyslexia awareness presentation and netrNorking session with Members of the Senedd in the Welsh Parliament, and we have also developed a social media presence lo promote upcoming events planned for the next financial year. Dyslexia Network Local Dyslexia Associations ILDAS) received six edith.ons of LDA Enews this year, keeping them infomied about BDA updates, each otherfs events, and key developments. The newsletter also provided practical guidance on running a small charity, such as volunteer recruitment_ LDAS also had access to a range of written resources, a dedicated listing on the BDA website. and signposts'ng from our helpline, helping people connect with their nearest dyslexia Gharity. To strengthen collaboration, we hosted five online networking meetings. bringing together representatives from 30 dyslexia charities to share insights and build connections. Additionally. LDA helpliners and trustees took part in six Helpline Infomiation Sessions. covering topics from home education for dyslexic children to handling challenging helpline calls. Followng consultation with LDAS, we recognised that the annual membership fee posed a challenge for smaller organisations. As a result. we are removing the fee for the coming finanryal year. We will also relaunch the nebvork as the Dyslexia Ne￿ork, expanding it to include more charities and community groups across the UK that share our commilment to providing dY￿eXIa support and infonnalion. 3. Supporting professionals and workplaces Training Bespoke Training In 2024-25, we delivered over 100 bespoke training sessions to over 3,000 participants. While most sessions were held online, 30 % took place in person. Around half were education-focused, and the other half addressed dyslexia and dyscalculia in the workplace. We offer bespoke training in a range of forniats, from on￿hour sessions to full-day workshops. Around half of our bespoke training is provided at a discounted rale for charities. public sector organisalions. and local authority schools. Feedback from participants.. 'Our training was excellent. The trainer was engaging. informative and I gol a real sense for how much she cared for the children she worked Milh and how much she understood Ml)at lrfe in a classroom was like. Everything suggested was manageable and sustainable and applied to the classlschool as a whole, rather than focusing strictly on intervention-based approaches for specific childrenlgroups. The trainer brought an abundance of incredible resources with her, some of vthich we all agreed we would look in to straight away! The trainer was absolutely brilliant. and a huge part of why our training was such a success., Page 8 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 11146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Online training A total of 54 live online courses were scheduled for 2024-25, including four Dyslexia Discovery Weeks and six SASC-accredited sessions. Feedback suggests that schools struggle to release staff for fijll-day training, vAiich is being considered as we refine our training offer for schools. Among the courses. Th8 Fundamentals ofDyscalculia was the most popular. followed by Practical Soluhons for Dyslexia. Dyslexia Discovery Week saw a strong start, but numbers dropped for the later sessions. arKI we wll review session fomats and scheduling to better meet demand and accessibility needs. 'Great examples and ideas for supporting my pupils. Lots of opportunity to discuss and rellect, 'Explained dy51exia amazingly well and firsl time I have felt that someone understands what dyslexic individuals have to deal with on a daily basis. Thanks, E-Learnffng We updated our Level 2, 3 and 4 course content, with further developments and rebranding planned for later in 2025, aligning wÈth our DFQM work. In September 2024, we launched a new Assistive Technology mcxlule. which received an overwhelming response, wth 85+ sign-ups in C￿e moming. Our three free e-leaming courses- Assistive Technology, Dyslang. and Helping with Phonics- were accessed over 1,800 times in 2024125. Additionally. over 700 paid registrations were made for courses. We remain committed lo expanding our e-leaming offer. ensuring htgh-quality. accessible training for all. PmfessiTonal level courses The fully revised Level 5 Dyslexia course launched in January 2024 and has seen strong demand, wth high intakes for both the May and September cohorts. Early feedback has been positive. with retents'on rates rising from 72% in January 2024 10 890kn in January 2025. In autumn 2024, bursary funding from the Constable Educational Trust (CET) was introduced. offering 30 places with 250kn funding for eligible students in stale-funded schools wlh a high proportion of Free School Meals. Five students were awarded bursary places in January 2025. and further funding remains available for those applying for May onwards. The Level 7 Dyslexia course has undergone significant improvements, induding rewritten assignments. enhanced study skills support, and a structured tutorial framework. These changes have led lo a substantial increase in retention, rising from 59 1 in January 2024 to 100tyA in January 202S. The number of student complaints has also dropped. For the Level 5 Dyscalculia course, the May 2024 intake was lower than expected, but interest picked up later in the year, ￿th the September and January cohorts reaching full capacity- Retention has remained stable, improving to in January 2025. Based on sludenl feedback, work is now underway to enhance course delivery on Cossemble. The Level 7 Dyscalculia course launched in January 2024 with a small cohort of three students, all of whom remain on track lo complete by July 2025. A major rnilestone was reached in September 2024 when the course received AMBDA Dyscalculia accreditation. Feedback from students.. '1 wanted to sincerely thank you for the help across the course and the support that allowed me lo overcome the challenges. 'My tutor took the time lo understand my background and always gave constructive feedback in a very considered and respectfvjl way. Her knowledge of dyslexia and its assessment is second to none, and her encouragement was vital to me completing the cou￿e., Page g VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 12146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 'It was a very challenging course but has been very rewarding and I've leamt so mLFCh.' Course development A project team began developing the exam access arrangements Level 7 programme in September 2024. The urse will be submitted for OCN accreditation in spring 2025 and wll launch in September 2025. BDA Accreditation BDA professional accreditats'ons are prestigious awards that recognise individuals who have achieved a high level of competency in specialist teaching andlor assessment. To be eligible. individuals must have completed a BDA-accrediled course within the last three years. To ensure ongoing quality and up-to-date knowledge, accreditations must be renewed every three years. To better support course providers, the BDA has revamped its accreditation process. Our in-house team, working alongside expert associate reviewers, oversees the process. leading to greater efficiency and improved service for course providers. In 2024. over 2,400 professionals held a BDA accreditation, with 21 courses officially accredited by the BDA. Expanding access to accrediTtation To make AMBDA accreditation more accessible. we have introduced allemative routes for those who were unable lo apply through the traditional pathway. These routes align with the standard AMBDA criteria, ensuring that all applicants demonstrate the same level of exFertise and experience before being awarded accredFtation. New roiites to AMBDA Dysealculla The BDA is committed lo ensuring more assessors can evidence their ability to asses5 for dyscalculia. We now offer two pathways to achieve AMBDA Dyscalculia.. Completing an accredited Dyscalculia and Maths Leaming Difficulties course linttial year at Level 5 or 7. followed by a second year al Level 7). The APEL route, which involves submitting a portfolio of eviden￿. Professional Membership BDA Professional Membership is available in three categories: Professional Membership Professional Affiliate Membership Professional Student Membership Membership is renewed annually and comes wFth a range of beneffts, ensuring ongoing engagement with the BDA community. In 2024 we had over 1.600 professional members. As part of the professional membership relaunch. we have expanded our offering. which now includes.. Regular professional meetings Enhanced online resources Improved access lo professional insurance New website features, including an updated tutor list and an online CPD log for tracking ongoing professional development SASC Courses The BDA has deliVe￿d seven SASC-accredited eLearrFing courses, approved by the SpLD Assessment Standards Committee ISASC). These course5 contribute to Ihe formal CPD required by asses50rs. In response to demand, we are launching online SASC-approved training sessions from January 2025. delivered by two highly experienced practitioners in dyslexia and dyscalculia. Each will tun four interactive training sessions, wth plans to expand this offering in the coming year. Page 10 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P IW46 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Dyslexia Friendly Quality Mark Our Dyslexia Friendly Qualty Marks give educational institutions such as schools and colleges, and workplaces, framework for improvement and recognition of gocKI practice for individuals with dyslexia. The DFQM for Educators had 31 schools and colleges register lo embark on the Quality Mark during the year. We also signed up our first prison education department and adult (professional qualification) educators such as Church of England. During this financial year we carried out 16 verifications and all of these educators were successful in achieving the Quality Mark. Three existing schools and colleges were re-verified lo continue holding the Quality Mark status. The total number of Quality Mark holders stood at 56 at the end of the year, a 51 /0 increase from the previous year. The most notable impact of the Quality Mark for EduBators was reported by the leamers Mqth dyslexia themselves. Young people at the schools and colleges told the BDA that and others talked about the strategies and equipment that they use to support their learniThJ. Some learners expressed how they felt listened to and supported. The developing DFQM for Workplaces saw nine new organisations register, joining the existing nine workplaces already part of the Quality Mark and doubling the group of workplaces working with us to demonstrate best practice for dyslexia adults in worf(. These organi&itions are leading the way in their efforts to offer equity for employees wth dyslexia and increased understanding from colleagues from awarenes5 raising activities. The largest employer that are part of the Quality Mark is the Ministry of Defen￿. reaching tens of thousands of einployees with its awareness raising and a commitment lo be dyslexia friendly. 4. Incraasing reach. raising awareness and advocaiing for change A new definition of dyslexia The Delphi Study. a collaborative research project led by Dr Julia Carroll and supported by SASC. sought to establish a clear, consensus4riven definition of dyslexia. The BDA played an active role in this process, ensuring inclusivity and rigour. We are pleased to announce that the final version of the Dyslexia Delphi Study was published in February 2025, and the BDA has officially adopted its definition of dyslexia. Policy and Campaigns We wort independently and collaboratively to influence policy and practice development and implementation. Our regular policy work indudes representing the voice of dyslexia on forums which indude Ofqual, Department for Work and Pensions, His Majesty's Revenue and Customs, the Joint Council for Qualifications and through our membership of the Special Educational Consortium ISECI. Our CEO is also a member of the Department for Education's Neurodivergence Task and Finish Group and the Ministy of Justice's Reading Panel for Prisons. The new Govemment ha5 set out its ambition change key areas that impact our benefficiaries. which creates opportunities for u5 to engage with policy and decision makers on= education lespecially SENDI w0￿p1aCe initiatives - including initiatives and pilDt schemes aimed at supporting disabled people to get in and slay in work young people pledge- every young person shoLld be"leaming or eaming. This year we published substantive responses to public consultations on SEND including OFSTED'S Big Listen and the Assessment and Curriculum Review. We also responded lo the Education Select Committee's Call for Evidence on Solving the SEND Crisis, utilising data from our helpline enquiries and actively soliciting feedback from our networks and sUPPOrters. Page11 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 14146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 We received a range of responses from our community sharing their experiences of the SEND support available for dyslexic children in mainstream schools. The submissions shared the impact that their experiences have had on their children and clearty showed the on-the-ground issues that need lo be addressed across the board. Impact and systemic change is a central focus for our external communications moving forward. The foundations for future policy and campaign have been fimily set in place wth the development of a to demand change for dyslexic leamers, and a microsile lo lay-out the changes that we want to see to bring about a more inclusive education for leamers. All Party Parliamentary Group (APPG) for dyslexia We continue to act as the Secretariat for the APPG. Due lo the timings of the General Election, we held only one meeting during the year which focused on intersectionality and the impact of elhnicsty and culture on the lived experience of dyslexia. The APPG ha5 been reconslituled under a new Chair, Juliet Campbell MP, who has personal experience of dy51exia as a parent of a dyslexic child. At the Extraordinary General Meeting in November 2024, we had good attendance and engagement from MPS and peers, induding a number of MPS who have personal experience of dyslexia. The APPG and its meetings provided a critical plattom for raising awareness of dyslexia in Padiament, government and key policy stakeholders, influencing policies that shape education and workplace indusivity. A fvll schedule of meetings is planned for the remainder of the calendar year. Research We have also inttiated trmo major pieces of research.. mapping the landscape for dyslexia recognition and support across England. understanding the experience of dyslexic young people in England- how they perceive dyslexia has impacted their lives, and the changes they would like to see implemented. Both studies will serve as the foundation for fvlure policy recommendations and initiatives aimed al crealing long-term. sustainable improvements in dyslexia support. Digital landscape The website saw almost 970,000 new users wth 4.2 million page views despite an ageing and inefficient platform - highlighting a continued interest and real relevance of our se￿iceS to our beneficiaries. Our soaal media presence steadily grew acr055 all channels.. Facebook: 46,8401+6.5%1 Instagram= 28,6151+15.90A) Linkedln.. 27,0871+11.70A} We continued to build our audiences with growth of 451110 on our general newsletter audience and the dovolopmonl of a bi-monthly training omail. Tho introduction of automatod omail procossos for m•mb•r sorvicos and training has increased efficiency and given better journey development on the CRM. We printed the final edition of Contact Magazine, our members. publication. in September 2024 and wll transition to a digital newsletter in 2025. Editions will be emailed to our Dyslexia Community in spring, summer, and autumn. This shift aligns with our commitment to financial suslainabilty and adapting lo the evolving needs of our community. By enhancing our digital communications, we aim to keep our members infomed, engaged. and connected while prioritising resources where they will have the greatest impact. Our events In June 2024 the BDA h05ted its 13th Inlemational conferen￿ at the Ulliversity of Surrey. bringing together high-profile academics within the fields of dyslexia research and practice. The conference saw 8 keynote speakers and 98 speakers across the two4ay conference Mqlh 300 delegate attendees. A microsite was developed to showcase the full breadth and depth ol research, and the event reinforced our posstion at the forefront of dyslexia research. Page 12 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 15146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 We also provided training to educators through our virtual and in-person conferences with over 400 attendees. Over the course of the year, we also ran a series of 15 free webinars providing vital infomiation and advice to over 8.000 parents, educators. adults Mqlh dyslexia and W0￿p1aCeS. Dyslexia Awareiie$s W¢ek 2024 Our annual awareness campaign Dyslexia Awareness Week #DAW took place between 7 and 13 Oclober. With over 17,000 resource uploads over the course of the week. with a basic awareness webinar seeing 1.699 registrants. There is a real appetite for infomiation and understanding across the board and we saw high engagement and steady growth across our soual channels. The campaign gave an opportunity for individuals of all age5 and background5 to share their lived*xperience. and it continue5 to be received a5 an inspiring initiative. Fundraising The BDA has made significant stride5 in fundraising, corporate partnerships, and individual giving. seeing a 30Q/o increase on the previous year. We are delight8J to have entered a three year charity partnership with TPRG (Theo Paphilis Retail Group). raising over £25,000 from year one. This wll allow u5 to deliver 40 assessment bursaries for low income families, amongst other work. The launch of our local hubs project has seen fanlastic support from Trust funding. including a generous donation from the Watedco Foundation. We're incredibly grateful for the many people who take on event5 such a5 the London Marathon. Great North Run and Bath Half. We've seen an increase in the number of donations from individuals- this is in part due to new avenues of fundraising such as lottery giving and a targeted Christmas appeal. A big thank you to the remarkable individuals of all ages who have embraced extraordinary challenges and events to ftsndraise for us. and lo the generous contributions from individuals, schools. businesses. and trusts that consistently support the BDA throughout the year. We also received some legacy and in-memory donations and are grateful to the individuals and families who support our charity at their time of loss. The BDA uses agencies in respect of payroll giving, plus online giving and sponsorship sites such as JuslGiving. The BDA is Tegistered with the Fur¢draising Regulator and complies with the standards outlined in the Fundraising Regulalorfs Code of Fundraising Practi￿. We have received no complaints in relation to our fundraising practices during the year. FINANCIAL REVIEW The Consolidated Statement of Finanaal Activities for the year ended 31st March 2025 shows a deficit of £326.34012024.' deficit of £231,209). Income Total income has increased by 6% to £2,182k {2024'. £2.062kl. Income from Donations & Legacies has grown by 750kn increasing from £83k to £146k. This 15 due to our new relationship wth the Theo Paphitis Retail Group ITPRGI, who are raising funds lo provide bursary assessments for individuals from low income families. Funding has also been awarded for our new local hubs project. providing community support in South Wale5, Devon and Northem Ireland. Income from Charitable activities has increased by 4% wth growth in assessment5 (previously recorded in the trading subsidiary) and professional accreditations. We ran a suc￿Ssful Intemational Conference in June 2024, which has also contributed to the gromth in income. Training income fell during the year. Followqng a review of professional level courses (Level 5 and Levet 7), course length was extended to allow greater flexibilty for our students and prices maintained during this Page 13 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 16146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 transition period. Our eLeaming courses showed growth across the year. Investment of cash during the year into short term deposits has led to an increase in investment income. Expenditure Total expenditure increased by 9% to £2,509k12024- £2,293kl, predominantly due to increases in direct expenditure as well as salary and staff costs. The Intemalional Conference (hosted every three years) has increased direct expenditure in the year. The cost of assessors is now shown in direct expenditure (previously in Trading Subsidiary costs) followng assessments moving into the charity. Recruitsmenl costs are higher with recruitment of our new CEO, Ellen Broomé during the year. Tight control of administrative costs has reduced the overall impact of increases in staff costs. Salary costs have shown the largest increase, with full year impact of prior year rectuitment. A redundancy programme was carried out in December, after carefvl review or our charitable activities and future sustsinability. This restructure will reduce salary costs for 2025-26 onwards. Balance sheet Net current assets decreased by £318k lo £355k12024.. £673k}. This is mainly reflected in lower cash and cash investments. Deferred income has also redU￿d in the year, wth the International Conference having taken place. Total reserves decreased by £327k lo £362k in the year12024" £689k). reflecting the operational deficit. Reserves policy and going concern The Trustees have a responsibility lo ensure the continuity of the organisation and the fulfilment of its charitable aims. It is therefore necessary to maintain an adequate level of reserves. Free reserves are the part of BDA'S unrestricted funds that is available 10 Spend on any of the Charity's purpose5. This definition excludes restricted income funds, although holding such funds may influence BDA'5 reserves policy. The Trustees take a risk-based approach to reserves and review the reserves policy annually. The Board has set a reserves policy which requires.. Reserves to be maintained at a level which ensure5 that BDA'5 core activity could continue during a period of unforeseen difficu A proportion of resetves to be maintained in a readily realisable fomi. The calculation of the required level of free reserves considers.. Risks associated with each stream of income and expendtture being different from that budgeted Planned activity level Organisational commitments The gap between the spending and receiving of income, as well as the level of deferred income on the balance sheel. Retaining a level of funding that will allow flexibility and agilty of response lo business growth and development opportunities which enable the organisation to meet it5 Strategic objective5. On this basis. the Trustees consider that the ideal level of free reseNes as 31 March 2025 is £429k of which at least 50% should be held as cash. Page 14 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 17146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 R￿e￿o8 hold at 31 March 2025 uniestn.ded free resetves £185,852 £543,251 Reslncted reserves £176,312 £145,253 Totsl resefves £362,164 £688,504 Unrestricted reserves at 31 March 2025 were £186k12024'. £543k} which is below the target level. A review of the organisalional structure was carried out in the latter half of the year, resulting in a redundancy exercise and streamlining of service., enabling charitable objective5 to be met whilst reducing cost A revised organisational plan has been completed and measures put in place to monitor performance against objectives during the year. The Truslees have approved a small deficit budget for 2025-26 and are confident that the target level of resetves will be mel by the end of the 2027-28 financial year. Related Party Transactions Transactions between the BDA and BDA Ilnitiativesl Ltd. its subsidiary undertaking. have been disdosed and are included in these con501idaled accounts. Other related party transactions have been disc105ed in the Gonsolidated accounts. STRUCTURE. GOVERNANCE AND MANAGEMENT The Charity is a company limited by guarantee govemed by its Memorandum and Article5 of Association dated 5th July 1984 Ilasl amended 30 September 20241. It gained fomial charitable status from the Charity Commission in England and Wales on 4th February 1985. BDA Initiative5 Ltd The charity has a wholly owned norKharitable subsidiary.. BDA Ilnitiative51 Limited. It carries out non-charitable trading activities to raise frjnds for the Charity- Governance The Board of Trustees has adopted the Charity Governance Code and assess its compliance ￿th the Code as part of its ongoing review and strengthening of governance. The Board of Trustees is collectively responsible for the govemance and strategic direction of the Charity together with ils financial health, delivery of public benefit, probity of its aclivilies and the development of the organisatic￿'S aim. objectives and goals. The Twstees who have Se￿ed during the year are listed on page 1 of this report. The Board of TNstees meels al least four times a year. All Trustees give their time freely and no Trustee remuneration was paid in the year other than reimbursement of out of pocket expenses incurred when acting on behalf of the Charity. Committees report to the Board and comprise the Finance Committee, which meets quarterty. A change to our Arbcles of ASSo￿allon in the year has resulted in the disbanding of a number of committees and boards including the Accreditation Board. The Trustees are grateful for the valuable contribution and specialist skills that have been provided by volunteers involved in these groups. Re¢ruitment and appointment of Trustees The Charity is committed to ensuring it has a balanced and diverse Board. with members recommended for their skills and expertise. Renewals and the appointment of any additional Trustees are infomied by a Board Page 15 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P IW46 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 skills review and consider annual discussions be￿een the Chair and each Trustee. The Board of Trustees is made up of not less than six and no more than fourteen people. New Trustees may be appointed by a simple majority of existing Trustees. Trustees are appointed for a three year period and rnay be reappointed after this period at an AGM. No Trustee shall serve for more than nine consecutive years unless Trustees consider it would be in the best interest of the Charity for them to continue to serve. Training and Induction New Trustees undergo an induction process, the airn of which is to give them an understanding of their role and responsibilities as Trustees. These include their legal obligations under charity and company law, an understanding of the Code of Govemance, and Trustees, responsibility for safeguarding and risk management. Charity management The Chief Executive Officer is responsible for the day to day management of the Charity's affair5 and for implementing policies agreed by the Board of Trustees. The Chief Executive Officer is assisted by the Senior Management Team. Post year end, Ellen Broomé took up the role of CEO. The Board extends its thanks to outgoing CEO, Chivonne Preston, for her service lo the charity. Intemal controls over actual and committed expendittjre are cr)ntinually refined in order to improve efficiency. Processes are in place to ensure that performance is monitored, and that appropriate management infomiation is prepared and reviewed regulady by both the Senior Management Team and the Board of Trustees. The systems of internal control are designed to provKle reasonable. but not absolute, assurance against material misstslement or loss. They include.. a strategic plan and annual budget approved by the Trustees., regular consideration by the Trustees of financial results,. variances from budgets., and non-financial targets., performance indicators and benchmarking revieivs- delegation of day-to-day management authority and segregation of duties- and identiflcation and management of key risks. Risk Managemeni Responsibility for risk management lies with Trustees. The Charity has established a risk register that aims to set out the key rFsks for the organisation including.. An assessment of inherent risk Existing measures in place to manage each risk An assessment of residual TÉsk, once mitigating measures are taken into consideration- and Futurè aelions that may be taken to reduce thè rèsidual risk furthèr. The risk register is reviewed in fvll by the Board al least annually. with selected risk expl(ffed in detail at each Board meeting. The major risks for the BDA have been identified as.. Diversifying income, in particular increasing fijndraising income from both individual and organisational donors Developing products and seNices so that they remain up to date, relevant and able to meet demand Failure to impact diverse and minority ethnic groups in society Staff wellbeing and key personnel risks Working closely with the Trustees, the CEO has focused attention in these areas to ensure that appropriate risk management procedures are in place and activities are underway to mitigate these risks. Plans for the future The Trustees are committed to continually improving or developing activities at the BDA to maximise impact ft)r the public benefit. Lwking ahead. the BDA are setting a number of strategic objectives to deepen our impact and extend our reach. Page 16 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 19146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 We will be developing our next rive year strategy, in collaboration wth staff, trustees, stakeholders, our beneficiaries and our community- We wqll continue to drive forward our national campaign wth Jamie Oliver, keeping dYsle￿a fimily on the public and political agenda. Building on this mornenlum, we will be launching new rosearch focused on the lived experiences of young people wqth dyslexia. to ensure their voices shape fijture services and policy_ We plan to expand access to diagnostic assessments through a bursary scheme, helping to remove financial baniers for families. And also offer tuition alongside our assessments and accreditation services. We wll also enhance our support for professionals by developing new CPD-accredited resources, refreshing our eLearning offer. and launching a dedicated course on exam access arrangements IEAAI. Alongside this, we are investing in our digital infraslructure- including a new website and customer relationship management ICRMI system- to irnprove the a¢￿ssibIlity, effiuency and personalisation of our services. We will also seek to expand tha roach and impati of our Dyslexia Network. our free national helpline and our local hubs. Statement of Trustees, Responsibilities The Trustees (who are also directors of the British Dyslexia Association for the purposes of company law) are responsible for preparing the Trustees. Report and the ffinan￿aI slalements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice}. Company law require5 the Trustees to Prepare financial statements for each financial year. Under company law the Trustees must not approve the financial 51atemenls unless they are Satisfied that they give a true and fair view of the state of affairs of the charitable company and the Group and of the Incoming resources and application of resources, including the income and expenditure, of the charitable Group for that period. In preparing these financial slatemenls, the Trustees are required lo- select suitable accounting policies and then appty them consistently.. observe the methods and principles in the Charilies SORP,. make judgements and accounting estimates thal are reasonable and prudent.. prepare the financial statements on the going concem basis unless it is inappropriate lo presume that the charitable Group wll continue in operation. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charilable company and the Group's transactions and disclose with reasonable accuracy al any time the financial position of the charitable Group and enable them lo ensure that the financial slatemenls comply the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularsties. Disclosure of information to auditor Each of the persons who are Trustees at the time when this Trustees, Report is approved has confimied that: so far as thal Trustée is awarè, therè is no relèvant audit infomiation of which thè eharilablè Group's auditor is unaware, and that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any information needed by the charitable Group's auditor in connection with preparing its report and lo establish that the charitable Group's auditor is aware of that infomation. Auditors The auditor, James Cowper Kreston. has indicated ils willingness to continue in office. The Designated Trustees will propose a motion re-appointing the auditor at a meeting of the Trustees. This will be ratified at the AGM. Page 17 VkiuaBunatLnTrarffjxlvM Ref. PM3WSP8C-TRC3 08 Sep 2025 11..59..4988T{UTC +11 D 114 P 20146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee)- TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Approved by order of the members of the board of Trustees and signed on their behalf by= Michelle Catterson Chair Date.. 03 September 2025 Page 18 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 21146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BRITISH DYSLEXIA ASSOCIATION Opinion. We have audited the financial slatements of British Dyslexia Association Ilhe'parenl charitable company'} and ils subsidiaries {Ihe 'gfOUP'I for the year ended 31 March 2025 which comprise the consolidated statement of financial activities. the consolidated balance sheet, the charity balance sheet. the consolidated statement of cash flows and the related Trote5, inGluding a 5umniary of 5igntfiGant accounting poliGie5. The finanGial repotting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Fir7anaal Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United knngdom Generally Accepted Accounting Practice). In our opinion the finanaal statement5'. give a true and fair view of the stale of the Group's and of the parent charitable company's affairs as at 31 March 2025 and of the Group's incoming resources and application of resources, including ils income and expenditure for the year then ended", have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance wth the requirements of the Companie5 Act 2006 and the Charities Act2011. Basis for opinion. We conducted our audit in accordance wqth Intemalional Standards on Auditing {UKI IISAS IUKII and applicable law. Our responsibilities under those standards are fvrther described in the Auditor's responsibilities for the audit of the financial ststements section of our rewrt. We are independent of the Group in accordance with the ethical requirements that are relevant lo our audit of the financial statement5 in the United Kingdom. including the Financial Reporting Council's Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is Sufficient and approprsate to provide a basis for our opinion. Conclusions relating to going concern. In auditing the finan￿al statements, we have conclutjed that the Trustees. use of the going COn￿M basis of accounts'ng in the preparation of the financial statements is apprO￿late. Based on the work we have performed, we have not identffied any material uncertainties relating to events or conditions that. individually or collectively, may cast signfficanl doubt on the Group's or the parent charitable company's ability lo continue as a going concern for a period of at least twelve months from when the financial statement5 are authorised for issue. Our re5ponsibililies and the responsibilities of the Trustees with respect to going Coneem are described in the relevant sections of this report. Page 19 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 22146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BRITISH DYSLEXIA ASSOCIATION (CONTINUED) Other information. The other information comprises the information included in the annual report other than the financial statements and our auditorfs report thereon. The TrLStees are responsible for the other information contained within the annual report. Our opinion the finan(xal Statements doe5 ttot Gover the other information and. except to the extent otheNise explicitly stated in our report. we do not express any fom) of assurance conclusion thereon. Our responsibility is to read the other information and. in doing so. consider whether the other information 15 materially inconsislenl with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears lo be materially misstated. If we identify such material inconsistencies or apparent material misslatemenls, we are required lo detemiine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other infomialion, we are required to report that fact. We have nothing to report in this regard. Opinion on oth8r matters prescrib8d by the Companies Act 2006. In our opinion. based on the work undertaken in the course of the audf('. the infomialion given in the Trustees, report for the financial year for which the finanaal statements are prepared is consistent with the financial statements. the Trustees. report ha5 been prepared in accordance with applicable legal Tequirement5. Matters on whieh we are required to report by exception. In the light of our kno￿edge and understanding of the charitable ￿rnpanY and its environment obtained in the course of the audit, we have not identified material rnisstatements in the Trustees. report. We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you rf, in our opinion.. the parent charitable company has not kept adequate and sufficient accounting records. or retums adequate for our audit have not been received from branches not visited by us- or the parent charitable company finanryal statements are not in agreement with the accounting records and retums., or certain disclosures of Trustees, remuneration specified by law are not made- or we have not received all the information and explanations we require for our audit- OT the Trustees were not entitled to prepare the financial statements in accordance with the small companie5 regime and lake advantage of the small companies, exemptions in preparing the Trustee5' report and from the requirement to prepare a Strategic report. Rosponsibilities of trustees. As explained more fully in the trustees. responsibilities statement. the Trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statement5 and for being sat15fied that they give a true and fair view, and for such intemal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the Group's and the parent charitable companys ability to continue as a going concem, disclosing, as applicable, matters related lo going concern and using the going concem basis of accounting unless the Trustees either intend to liquidate the Group or the parent charitable company or lo cease operats'ons, or have no Tealistic altemalive but lo do so. Page 20 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 2W46 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BRITISH DYSLEXIA ASSOCIATION (CONTINUED) Auditorfs responsibiliiies for the audii of the financial statsmants. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material mis51atement, whether due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable a55uranGe 15 a high level of a5suranGe, but 15 not a guaratrtee that an audit GonduGted in accordance with ISAS IUKI will always delect a malerial misstatement when it exists. Misslatemenls can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of user5 taken on the basis of these financial slatemenls. Because of the inherent limitations of an audit, there 15 a risk that we wtll not delecl all irregularities, induding those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance wth a law or ￿UlatIOn is removed from the events and transactions reflected in the finan￿al statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularits'es ocCU￿1ng due to fraud rather than error. as fraud involves intentional concealment, forgery, collusion. omission or misrepresentation. The specrfic procedures for this engagement that we designed and perfomed to delect material misstatements in respect of irregularities. including fraud. were as follows.. Enquiry of management and those charged with governance around actual and potential litigalion and Enquiry of management and those charged wth governance to idents'fy any material instances of non- tx)mpliance wth laws and regulations., Reviewing financial statement disclosures and testing to supporting documentation to asses5 compliance with applicable laws and regulations., Perfomiing audit work to address the risk of irregularities due to management override of controls, including testing of joumal entn.es and other adjustments fDr appropriateness, evaluating the business rationale of signfficanl transactions outside the normal coursè of business and revIe￿ng accounting estimates for evidence of bias. A further description of our responsibilities for the audit of the financial statements is located on the Finanfial Reporting Council's webstte al.. wth.frc.o .uklauditorsres nsibilities. This description foms part of our auditor's report Page 21 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 24146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BRITISH DYSLEXIA ASSOCIATION (CONTINUED) Use of our report. This report is made solely to the charitable company's members. as a body. in accordance with Chapter 3 of Part 16 of the Companie5 Act 2006, and lo the charitable company's trustees, as a body, Part 4 of the Charities (AGGOUnts and Report51 Regulation5 2008. Our audil work has been undertaken 50 that we tnight State to the charitable company's members those matters we are required to state to them in an auditor's report and for no other Purpose. To the fullest exlenl pemiitted by law, we do nol accept or assume Te5ponsibilily to anyone other than the charitable company and its members. as a body. for our audit work. for this report, or for the opinions we have fomied. P, Alexander Peal 8Sc (Honsl FCA DChA {Senior Siatutory Auditor) for and on behalf of James Cowper Kreston Audit Chartered Accountants and Statutory Auditor Reading Bridge House George Street Reading Berkshire RGI 8LS Date.. 09 September 2025 Page 22 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 25146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2025 Restricted funds 2025 Unrestrieied funds 2025 Total funds 2025 Total funds 2024 Nots Income from: Donations and legacies Charitable activities.. Assessments $8,098 87,997 146,095 83,403 560,915 12,681 1.145.413 18,021 191,198 560.915 12.681 1.145.413 18,021 191.198 Publications Conferences and training Membership income Professional standards 15.914 1,177,110 28,657 184,590 Other trading activittes-. Fundraising Trading activities Other trading activities Investments 78,973 4.617 78.973 4.617 87.472 460,600 2,861 21.008 24,426 24.426 Total income 58,098 2.124.241 2,182.339 2,061,615 Expenditure on: Raising funds- Voluntary income and fundraising costs 114,092 2,467 114,092 2,467 105,820 332,066 9.125 Trading subsidiary costs Other costs of trading Charitable activities.. Training and conferences Assessments 1.615.035 483,758 159,428 1,615.035 487.326 159,428 1,520,829 3,568 Professional standards 144,491 Community support, projects and governan￿ costs 23.471 106,860 130.331 180,493 Total oxpenditure 27.039 2.481.640 2,508.679 2,292,824 Net lexpenditurellincorne 31.059 1357,399) 1326,3401 (231.209) Net mov8m8nt in funds. 31.059 1357,399) 1326.3401 {231,209) Reconciliation of funds: Total funds brought forward Net movement in funds 145,253 31,059 543,251 1357,399) 688,504 1326,3401 919,713 (231,2091 Total funds carried forward: 176,312 185,852 362.164 688,504 The notes on pages 27 to 44 fomi part of these financial statemerts. Page 23 VkiuaBunatLnTrarffjxlvM Ref. PM3WSP8C-TRC3 08 Sep 2025 11..59..4988T{UTC +11 D 114 P 26146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee)- REGISTERED NUMBER: 01830587 CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Fixed assets Tangible assets 10 7,160 15,847 7,160 1S,847 Current assets Debtors 12 96.835 48T,252 495,446 165,760 300,000 1,019,042 Investments Cash at bank and in hand 1.079.533 1,484.802 Creditors- amounts falling due within one year 14 1724.5291 {812,1451 Net current assets 355,004 672,657 Total assets less current liabilities 362,164 688,504 Toial nei asseis 362,164 688.504 Charity fund5 Restricted funds 16 176,312 185,852 145,253 543,251 Unrestricted funds 16 Total funds 362,164 688,504 The Trustees acknowledge their reswnsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to enlities subject to the small companies regime. The directors have elected for the financial statements to be audited in accordance with the Companies Act 2006. The financial 5Litements were approved and aulh0ri5ed for issue by the Trustees and signed on their behalf by.- Michelle Cattarson Chair Date. 03 Seplember 2025 Timothy N6ale Trustee 08 September 2025 The notes on pages 27 to 44 fomi part of these financial statements. Page 24 VkiuaBunatLnTrarffjxlvM Ref. PM3WSP8C-TRC3 08 Sep 2025 11..59..4988T{UTC +11 D 114 P 27146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee)- REGISTERED NUMBER: 01830587 CHARITY BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Fixed assets Tangible assets Investments 10 7,160 15,847 7,162 15,849 Current assets Debtors 12 100,034 487,252 489.069 337,310 300,000 802.666 Investments 13 Cash at bank and in hand 1.076.355 1,439.976 Creditors= amounts falling due within one year 14 1721,3511 {767,3191 Net current assets 355,004 672,657 Total assets less current liabilities 362,166 688,506 Total net assets 362,166 688,506 Charity funds Restricted funds Unrestricted funds 16 16 176,312 185,854 145,253 543,253 Total funds 362,166 688,506 The Trustees acknowledge their reswnsibilities for complying wth the requirements of the Act with respect to accounting records and preparalion of financial statements. The financial slalements have been prepared in accordance with the provisions applicable to enlf(ies subject to the small companies regime. The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by= Michelle Catterson Chair Date.. 03 September 2025 The notes on pages 27 to 44 fomi part of these finan￿al statements. Timothy Neale Trustee 08 September 2025 Page 25 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 2W46 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Not8 Cash flows from operating activities Net cash used in operab.ng ath"vits"es 19 {360,016) (299,791) Cash flows from investing activities Dividends, interests and rents from investments Purchase of tangible fixed assets Purchase of current asset inveslment5 24,426 {754) {187,252) 21,008 111.482) {300.000) Net cash used in invasting activities {163,580} {290.4741 Changa in cash and cash equivalents in the yoar {523,596) {590.2651 Cash and cash equivalents at the beginning of the year 1.019,042 1,609.307 Cash and ca$h equivalents at the end of the year 20 495,446 1,019,042 The note5 on page5 27 10 44 fotrn part of these financial statements Page 26 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 29146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies. 1.1 Basis of preparation of financial statements. The financial slalements have been prepared in accordance with the Charities SORP IFRS 1021- Accounting and Reporting by Charities= Stslement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20151, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. The British Dyslexia Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othetwise stated in the relevant accounting policy. The con501idaled statement of financial activities ISOFAI and consolidated balance Sheet consolidate the financial statements of the Charity and its subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis. The Charity has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented ils own statement of financial activities in these finan￿al statements. 1.2 Fund accounting. General funds are unrestricted funds whi¢h are available for use at Uie discrelion of the Trustees in furtherance of the general objectives of the Group and which have not been designated for other purposes. Restricled funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Group for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is sel OLrt in the notes to the financia statements. 1.3 Basis of consolidation. The consolidated financial statements present the results of British Dyslexia Association and all of its subsidiary undertakings I'subsidiaries'l as if they fomi a single entity. Intercompany transactions and balances be￿een group companies are therefore eliminated in full. The income and expenditure account for the year dealt with in the accounts ol the Charity was deffi￿1 of £326,34012024'. defI￿t of £231,209). Page 27 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 30146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies. {conlinued) 1.4 Incoming rosources. Gfft Aid. The wholly owned subsidiary donates all of its taxable profits under Gift to the charity. The statutory income and expenditure account for the subsidiary is disclosed in the notes to the financial statements. Donations and grants. Donations and grants made available for the general purposes of the Charity are credited to income on a receivable basis. Legacy income. Legacy income is accounted for on a received basis or. if receipt be￿Me5 reasonably certain and is measurable with sufficient reliabilty, on a receivable basis. Publications. Income from publications is recognised on a receivable basis in the period in which a publication is issued and represents income from the sale of educational and promotional literature and advertising revenue related to such publi¢ations. Conferonces and training. Income from conferences represents income received from the delivery of conferen￿5 and training courses. Costs are incurred in the organisation of these events. Income is accounted for on receivable basis except where income and expenditure do not occur in the same period, in which case the income is deferred to match expendrture. Membership income. Membership income is accounted for on a receivable basis and represents membership fees and subscription income from members. 11 is ￿VIed at different rates according lo the level of involvement of the member and the amount of informalion received. Iniorast recaFvablo. Interest on funds held on deposit is induded when receivable and the amount can be measured reliably by the Charity.. this is nomially up)n notification of the interest paid or PaYa￿e by the Bank. Donated services and facilities. Donated services or facilities are included in incoming resources when the benefit to the charity is reasonably quantifiable and measurable. They are valued by the trustees at the amount the charity would have been willing to pay for the servi￿$ of facilities on the open market. Page 28 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 31146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies. {conlinued) 1.4 Incoming rosources. leontinued) Deformd incoma. Where it is clear Ihal the donor intended the income or grant to be used over a fixed period of lime on a specffic project and as a result the Trustees have no discretion as to when the funds will be expended, these funds ￿711 be treated as deferred income and released to the Statement of Financial Activities to match the expenditure. 1.5 Resources expended. Raising funds. Fund raising and publicity expenditure represents the direct costs of generating funds and includes the salaries and other direct costs of the fundraising staff as well as an allocation of premises and overhead costs. Chariiable expenditure. Charitable expendtture ha5 been allocated to match the revenue eamed wherever possible and indudes an allocation of personnel costs and overhead costs where applicable. Charitable expenditure is accounted for on an accruals basis. Helpline. Helpline cost5 relate to the operation of B.D.A. Helpline. They include wages and salaries. training. telephone. associated premises cost5 and other sundry items. Development. Development costs include expenditure incurred in supporbng Local Assoctations and other forms of membership, as well as the costs of the education deparbmenl. Support costs. Support costs represent overheads, premises costs and wages and salaries of support staff without which the charity would not be able to achieve its objectives. The costs have been allocated on a prowrtionate basis. Govemance costs. These costs relate to the expenditure in respect of personnel, premises and overhead5 which can be directly attributed to the management of the charity, as opposed to those incurred in furtheran￿ of its objects. Irrecoverable VAT. Irrecoverable VAT is charged against the category of resou￿e$ expended for which it was incu￿ed. Comparative amounts. Allocations of salary, premises and depreaation costs are reviewed each year to ensure that these costs continue lo be accurately assigned by function. Page 29 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 32146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies. {conlinued) 1.5 Resources oxpondod. leoniinued) Expenditure on raising funds includes all expenditure incurred by the Group to raise funds for its charitable purposes alld inGlude5 G05t5 ol all fundraising aGtivitie5 events and non*haritable trading. Expenditure on charitsble activities is incl*￿ed on directly undertaking the activities which further the Group'5 objectives. as well as any associated support costs. 1.6 Tennination payments. Temiination benefits are included as an expense in the Statement of Financial Activities and liability is inCu￿ed when there is a fomial plan to temiinate the employment of an employee or group of employees before nonmal retirement date. Temiinalion payments are measured at the best estimate of the expenditure that would be required to settle the obligation at the rep)rting date. 1.7 Tangiblo fixed assots and depreciation. Tangible fixed assets are carried at cost, nel of depreciation and any provision for impaiment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value. over their expected useful lives. Depreciation is provided on the following bases= Short Temi Leasehold Property 20% Straight line Fixtures and ffttings 20% Straight line Computer equipment 33.3% Straight line Page 30 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 3W46 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies. {conlinued) 1.8 Invesiments. Investments in subsidiaries are valued at cost less provision for impaimient. 1.9 Stocks. Stocks are valued at the lower of cost and net reali5able value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. 1.10 Debtors. Trade and other debtors are recognised at the setuement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 1.11 Cash at bank and in hand. Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturity of three months or less from the dale of acquisition or opening of the deposit or ￿Milar account. 1.12 Creditors. Liabilities are recognised when there is an obligation at the Balance Sheel date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the setuement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. 1.13 Financial instruments. The Group only has financial assets and financial liabilrties of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured al their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest methcKI. 1.14 Contributions to pension funds. The Charity operate5 a defined contribution pension scheme and the pension charge represen15 the amounts payable by the Charity to the fund in respect of the year. 1.15 Leases. Rentals paid uTrder operating leases are charged to the consolidated statement of financial activities on a straight line basis over the lease term. Page 31 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 34146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Judgments in applying accounting policies and key sourees of estimation uncertainty. The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet dale and the amounts reported for revenues and expenses during the year. However. the nature of estimation means that actual outcomes could differ from those estimates. The following judgmer)ts (apart from those involving eslimatesl have had the most significant effect on amounts recognised in the financial statements. Critical accounting estimates and assumption5= Bad debts. Using information available al the balance sheet dale, the Charity makes judgments based on experience regarding the level of provision required to aceount for potentially uncollectible debtors. Income from donations and legacies. Restrict8d Unresiricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Donations 58.098 87,997 146,095 83.403 Total 2024 157 83,246 83,403 Investmont incomè. Unrestricted funds 2025 Total funds 2025 Total funds 2024 Bank interest 24,426 24,426 21,008 Total 2024 21,008 21.008 Page 32 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 35146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Commercial trading operations. The Charity has wholly owned trading subshliary. B.D.A Ilnitiativesl Limited which is registered in the UK. Its purpose is to organise fundraising events and sell advertising to raise revenue for the charity. The company passes its taxable profits to the Charity under its Deed of Covenant. During the year, the assessment income and costs moved from B.D.A. Ilniliativesl Limited lo British Dyslexia Association. 2025 2024 Profit and loss account. Tumover 4,617 1100} 460,600 (327.878) C05t of sales Gross profit Administrative expenses 4,517 (2,367} 132.722 14,188) Operating profit Interest payable and similar charges 2,150 1.053 128,534 2.070 Net profft Gift aid donations to the British Dyslexia Association Transfer to reserves 3,203 13,203) 130,604 (130,604) Net incomel (expenditure). This is slated after charging.. 2025 2024 Depre￿atIOn of tangible fixed assets- owned by the charitable group 9,441 13.800 Auditors remuneration - audit Services and preparation of accounts Auditors remuneration - non-audit seNices 16.400 1,100 17.680 1,150 Page 33 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 36146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysis of total expenditure. Direct Staff costs 2025 Support costs 2025 Oiher Direct costs 2025 Total funds 2025 Total funds 2024 Raising funds Voluntary income and fundraising Trading subsidiary costs Other trading costs 57,672 26.357 30,063 2,467 114,092 2,467 105.820 332,066 9.125 57.672 26,357 32,530 116,559 447.011 Charitable activities Training and conferences Assessments 1.039,241 82.777 82.075 79,978 289.922 70,284 35,142 17,571 285,872 334,265 42.211 32,782 1.615,035 487,326 159,428 130,331 1,520.829 Professional standards 144,491 128,539 32.191 19.763 Community support Projects Governance costs 1,341,743 439,276 727,660 2,508,679 2,292,824 Total 2024 1,282,992 607,669 402,163 2,292,824 Page 34 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 37146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Suppon costs. Human Resources 2025 Financa, IT CEO and and Admin Governance 2025 2025 Total funds 2025 Total funds 2024 Voluntary income and fvndraising Training and contsrences Assessments Professional standards 3,482 38.304 9,286 4,643 2.321 15,575 171,324 41,533 20.766 10.385 7,299 80,294 19,465 9,733 4.866 26,356 289,922 70,284 35,142 17,572 36,460 410,177 36,460 31,447 5,013 85,074 3,038 Community support Projects Trading subsidiary costs other trading ￿51$ 58,036 259,583 121,657 439,276 607,669 Total 2024 56,311 455,821 95,537 607,669 Trustees and ernployees. 2025 2024 Wages and salaries Social security costs Pension costs 1.509,710 143,990 75,648 1,426,579 133,689 71,247 1,729,348 1,631.515 No TTu$lee or any paty related to them received any remuneration during the period. Out of pocket expenses tolalling £69212024= £1.1411 in respect of travelling. subsistence and telephone charges. directly aSso￿ated wth the running of the charity were reimbursed to 4 Tnjslees (2024: 5 Trustees). The average number of persons employed by the charity during the year was 5212024: 51 } of which 20 {2024= 201 were full time and 3212024.. 311 were part lime. The full time equivalent of the part lime staff is 21 12024.. 211. Page 35 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 3W46 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Chief executive Finance and operations Communications and impact Fundraising Community support Professional practice 37 38 52 51 During the year remuneration paid to key management totalled £431.76312024.. £391.976). 10. Tangible fixed assets. Group and Charity Cornputer equipment Cost or valuaiion At 1 April 2024 Additions 69.528 754 Disposals 13.2231 At 31 March 2025 67.059 Depreciation At 1 April 2024 Charge for the year On disposals 53.681 9.441 13.2231 At 31 Ma￿h 2025 59.899 Net book value At 31 March 2025 7,160 At 31 March 2024 15,847 Page 36 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 39146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11. Fixed asset investments. Investmenls in subsidiary companies Charity Cost or valuation At 1 April 2024 At 31 Ma￿h 2025 Not book value At 31 March 2025 At 31 March 2024 Principal subsidiaries. The following was a subsidiary undertaking of the Chaiity: Name Class of 5hare5 Holding Included in con501idalion B.DA Ilnitialivesl Limited Ordinary 100% Yes The finan￿al results of the subsidiary for the year were.. Name Income Expenditure Profitl(Loss) for the year Net assets B.D.A Ilnitialives) Limited 5.670 12,467) 3.203 Page 37 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 40146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. Debtors. Group 2025 Group 2024 Charity 2025 Charity 2024 Due within one year Trade debtors Amounts OW￿ by group undertakings other debtors Prepayments and accrued income 38.999 65,630 38,999 3,203 23,188 34,644 56,990 183,693 54,680 41.947 23.192 34.044 54,683 45,447 96,835 165.760 100,034 337,310 13. Curreni asset investments Group 2025 Group 2024 Charity 2025 Charity 2024 Term deposit 487.252 300,000 487,252 300,000 14. Croditors: Amounts falling du8 within one year. Group 2025 Group 2024 Charity 2025 Charity 2024 Trade creditors 33,483 67,321 1.391 622,334 16.683 54,286 10,876 730,300 33,483 67,321 1,391 619,156 13,588 42,143 10,876 700.712 other taxation and social security Other creditors Accruals and deferred income 724.529 812,145 721,351 767,319 Page 38 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 41146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. Deferrad incom8. Certain grant and other income included wth 'Accruals and Deferred Income" in Note 14. is recognised when the delivery of a specific performance relating to the income has been achieved. Movement on deferred income balanos during the year are set out below.. Asat1 April 2024 Toial fund5 Received Released Training courses Assessments Conferences 527.661 45.250 53.201 25,025 19,414 683,949 401,894 60,199 {767.4601 {355.3931 {113,1301 (25,0251 (26,2931 444.150 91.751 270 OCN fees other 21,529 14650 670,551 1.167,571 11,287,301) 550.821 Page 39 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 42146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. Staiement of funds. Staiement of funds - eurrant yoar. Balanc6 ￿ 1 April 2024 Transfers Balance at 31 inlout March 2025 Income Expeinditure Unrestricted funds General Fund5 543.251 2,124,241 (2.481,640) 185.852 Restricted funds Children Will Shine 16.137 102.696 9,257 17,163 (11,737) 4400 102,696 18,987 17.163 26,689 6.377 Constable Education Trust other donab.ons 9,730 Malpas Theo Paphilis Dy51exia Bursary Local Hubs Project 30.257 27.841 (3,568) {23.471) 2,007 145.253 58.098 (27.039) 1Tfj.312 Total of funds 688.504 2.182,339 (2,508,679) 362,164 Children Will Shine- to prowde after schc4)1 (tyslexia workshops for children, led by specialist teachers. Conslable Educalion Trust- to develop online resources for parents and carers to support dyslexic earners with literacy at home. Other- various donations to support children with dyslexia in local areas, and to facilitate the diagnosis of dyslexia. Malpas- to develop online resources for parents and carers to support dyslexic learneTS Wth literacy at home. Theo Paphitis Dyslexia Bursary- to fund dyslexia diagnostic a55e55ments and related 5UPPOrt seN1￿$ or people btheen the ages of 12 and 21 years. Local Hubs Project- a local, grassroots project aiming to build stronger dyslexic communrties and access to support for yoiing people wth dyslexia. Page 40 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 4W46 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. Staiement of funds (continued} Staiement of funds - prior year. Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure Unrestricted funds General Funds 738,978 2.055,064 12,250,791) 543,251 Restricted funds Children Will Shine Constable Education Trust 30.336 102.696 23.767 6,773 17,163 1.600 {15,7991 16,137 102,696 9.257 Other donations Helpline Malpas 4,951 116,6431 (9,5911 12,8181 2,818 17,163 180.735 6.551 142.0331 145.253 Total of funds 919,713 2.061.615 (2.292,8241 688.504 17. Summary of funds. Summary of funds - current year. Balance ai 1 April 2024 Transfers Balanee at 31 inlout March 2025 Intomo Expenditure General funds 543.251 145.253 2.124.241 58.098 (2.481.640) 127.039) 185.852 176.312 Restricted funds 688.504 2,182,339 (2.508,679) 362,164 Page41 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 44146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. Summary of funds (continued) Summary of funds - prior ￿ar. Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure General funds Restricted funds 738.978 180.735 2.055,064 (2.250,7911 6,551 142,0331 543,251 145,253 919,713 2,061,615 12,292,824) 688,504 18. Analysis of net assets between funds. Analysis of net assets between funds - current period. Restricted Unresiricied funds funds 2025 2025 Total fund5 2025 Tangible fixed assets Current assets 7,160 903,215 {724,5291 7.160 1,079.527 (724,5291 176,312 Credrtors due wthin one year Total 176,312 185,852 362,164 Analysis of net assets between funds - prior period. Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Tangible fixed assets Current assets 15,847 1.339,541 {812,1451 15,847 1,484,802 (812,145) 145,253 Credrtors due wthin one year Total 145,253 543,251 688,504 Page 42 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 45146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 19. Reeonciliaiion of net movement in funds to nat cash flow from operating activitias. Group 2025 Group 2024 Net expenditure for the year las per Statement of Financial Activities) {326,340) {231,209) Adjustments for-. Depreciation charges Interest from inveslmenls Loss on the sale of fixed assets 9,441 (24,426} 13,800 (21,008) 1,500 116.937) 145,937) DecTeasellincreasel in debtors Decrease in creditors 68,931 (87,622) Net cash used in operating activities {360,016) 1299,791) 20. Analysis of cash and cash equivalents. Group 2025 Group 2024 Cash in hand 4gs,446 1,019,042 Total cash and cash equivalents 495,446 1,019,042 21. Analysis of Changes in net debL At 1 April 2024 At 31 March 2025 Cash flows Cash at bank and in hand 1,019,042 {523,596} 495.446 1.019.042 {523,596} 495,446 22. Pension commitments. The charity contributes to the personal pension plans of certain of its employees, which are held in defined contribution schemes. Contributions are charged in the financial statements on an accruals basis and there were £Nil 12024.. £10.876} of outstanding contributions at the balance sheet date. Pension costs charged in the year were £75,64812024.' £71.247). Page 43 VrbJJkgunJturvTrarffjxbcn Ref. PM3W9P8C-TRC3088ep 2025 11ts9..4988T{Lrrc +11 D 114 P 46146 BRITISH DYSLEXIA ASSOCIATION IA company limited by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 23. Operating lease eommitments. At 31 March 2025 the Group and the Charity had commitments to make future minimum lease payments under non-cancellable operating leases as folbws- Group 2025 Group 2024 Charity 2025 Charity 2024 Not later than 1 year Later than 1 year and not later than 5 years 11.612 555 16,200 15,467 11,612 555 16,200 15,467 12,167 31,667 12,167 31,667 24. Related paty transactions. During the year, there were no related party transactions other than the following= Reimbursement of expenses incurred by certain Trustees in the fvrtherance of their activities as Trustees {see note 91. Donations from Truslees tolalling £Nil12024.' £Nil). Page 44