Charfty r¢olstratir•n numb•r a3983
THE VALLEY TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025

THE VALLEY TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Rthard Femte, FRSA- Chair (reswned 29 October 2025)
Peter Stansfield. 8A
Ben Elggr. LL8
Amanda ￿'fkpatr￿k ￿ Msc
Anjula Sharm&Snith
Carol Horlcrk
Shaun Peter Mxdonald BErrfJ (apptiinted 19 February
2025; aprKJinted as Chair 29 October 2025)
Oluwarolimi Akint*J8- Treasurer (appointed 29 October
2025)
Charlty number
293983
Prln¢lpal addrn•s
2 Norfolk Fam Ch)8e
loki
Surrey
GU22 8LL
Ind•p•ndont •xamlnw Gavin Br(p￿1
A8hur5t House, Cedw Road
Vibking
Surrey
GU22 OJJ

THE VALLEY TRUST
CONTENTS
Trustees, rewt
1-3
Staterrent of trustee6' resp￿S[bIlrt
IrKlependent Examiner's rewrt
Statement offinancid actNrt
ance Sheet
Notes to the ffinanc￿ statemnts
&14

THE VALLEY TRUST
TRUSTEES. REPORT FOR THE YEAR ENDED 31 JULY 2025
The trustses presenttheir re[￿ and fina￿&31 statonwts for ltr￿ year ended 31 Juty 2025. The financMI
$taterrEnts have bèen prepared in a¢eordance wrth the accounbng poI￿les set out in note 1 to the
ffinan￿al staterrents and compty with the chartty's trust dwj. Ihe Charib'es Act 2011 and "Accounting
and Reporting by Chariknes.. slater￿rt of R￿nmended Practice applicabfe to charltles preparing their
ac¢ounls in accordance with the Financial ReFKJrting Standar(l applicable in the UK and Republic of
Ireland {FRS 102) (effective 1 January 2019)..
Obj•etlve•
The Trust provths wofessional indew)dent Cl￿r￿ellIng to children In the school 0nv1ron￿￿nL
Counselling is undertaken by salf-employed accredited counselkys with exporiance of working with
children. betsveen S & 18 years of age. It prirrorily op8rates within Surrey and adjacent area8 of
sumunding counties.
Schools a(fvise the Trust of the hou￿ requyed per *Eek and are involced either tt￿nIh￿ by except
or mainly termty in advance. As the serrfice is ProV￿￿ed through the schrM)I, and paid for by them. n
pupils are excluded for personal financial reasLYffj.
The trusle85 have ward to the guKlance issued by ts Charity Commk8slon end in their view the Trusts,
activities fulty compty with Ihese require￿ts, ￿knOW￿JgIng that bost praclKe require8 a Continuous
Improv8Th￿nI mirthtset.
Rhk a8•M•mont
Managen￿t conducts an annual Tisk assessment to idonb.fy any risk8 to wthi¢h the charity may
oxposed and to estsblish procedures and systems on an ongoing basis to mitwate these risks in Ilne
with Charity Commlssk)n guidelines. Thts ha8 been iJenbf*d as an improverrtht a￿a for focus In the
new financial year.
Achl•v•m•nt8 and p•rfornMn
The Trust has FKovlded eouns8llln9 Serv￿8$ Lknen 45 and 50 schools durirKJ the year. for the
complete 3 terms and utili8ed the servw of between 25 arKI 30 counselk)rs.
As seen by the financial income the Trust has been successfulty sustsinlng ts seNws and the total
number of hours counselling in Ihe ytsr was ￿r¢a lo,6￿.
Evidence shows that on4ite indeperKlent counselling has seen a reduction in psychological stress in
pupils who have access to it. as well a8 improvement in behaviour and educ*ional achwements. A
$uNey ty the British Asscciation of Counselling & Psychotherapy {BACP} shr/*ed that..
86% of responders belleved that counselling irniKoved school attendance.
73% b•li8ved that it helped irryove behavi￿r.
73% beliwod it imwoved ￿•JeMI¢ ￿hle￿rnents.
The Trust conlinues to improve CLThnwnKations Iwih sc1K￿$ and our counselk)rn to I￿1bj on the high
standard of servlcè already offered. Surrey and Borders NHS Foundatbn Trust are planning a roll out
of funding for mental health support to schoob. As they ￿Ing resources on toard this may well adversely
affect secondary state xh¢)ds continuing to lake our serytis and new uptake. The prNate sector, whtch
is approximatety a quart6r of our $thr**. is uThJer FKessure from frdllKw numbers due to the addrth)n of

THE VALLEY TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 JULY 2025 {continued)
VAT to fees. which may require the Trusf5 SUPPOrt to push ￿UnSellIng charges on to parents. The
trustees will I￿)nitOr both sectors closety. however, remains confident in its apwoaGh.
As a self-funding charity, the Trust has no fundTaising activrties. The Tnjst occaS￿nallY supports schooL8
with discounted counselling for short periods when Circumsta[￿e$ dKtate rt is in the best interesl of the
young peopte.
Forward Vl•w
In tho context of a thaTr3ing landscape the tru8tee5 ¢ompthd a strategt review. eThJaging in a sector
ltterature review and conversations with a wide range of stakeh￿derS. Trustees reconfirmed the setvice
demand across primary. $￿ary and cofiege Schools, ifs business rrodel and geographK fccu$. It
set itself the objectNe of doubling in 5 years, whibt identifying ￿$oUrce. system and financial
implicaltr?n$. Trustees also ofiected on areas for govemance iMproven￿n( including the Fotential
benefits of nKsving lo a Charitsbl8 Incorr￿ted OrgantsalA)n. TheTrustwll progress the regulting action
plan in the new financial year.
Flnanclal r•vl•w
Revénue for the year ended 31 Juty 2025 vms £449.361 (2024.. £459.9751. In 2024-25 we made r¢0
grants compared wrih £6,111 In 2023-24.
R•s•r¥•• pollcy
The Trustees, pJlicy b to maintsin unrestricted reserves al a thl al ￿ast wU1va￿nI tt) total costs for
the next three months. which would anKJunt to appro￿rnatety £109.584. At 31 Juty 2025 the Tru81 had
unre8tricted fvnds tolalling £194,713.
Inv••tment pollcy
The TrusteeB' polty ts to hokl suTrlent fvnds to meet day-to4ay operatlng rnquirements on demand.
with any surplu$ fvnds invested on deposrt for one year or bss. During the year ended 31 July 2025 the
surplus cash fvnds ol1tt6 chanty were held in on4emand and fixed term deposrt accounts with various
banks. Al the financial organisatms wrth whom funds are Invested are authoTf5ed and regulated by the
FSA The deFKJsit xcounts were selected to pruvvje securrty for the hjnds.
8tNeturn. govemanco and managem•nt
The Valley Trust Is governed by its Irust deed. The or&inal trust deed was dated 18 March 1986 and
was amended on 7 April 2¢XI5.
The truslees who served during the Peri￿1 and up to the date of synature of tho financial slatements
were..
Richard Femie. FRSA- Chair IresvJned 29 October 2025)
Peter Stansfiekt, BA
Ben Elger, LLB
Amanda Kirkpatrick BA Msc
Anjula Shamia-smilh
CaToI Horlock
Shaun Peter Macdonakl BEng. MBA (appointed 19 February
2025,. appointed as Chalr 29 October 2025)
Oluwarotimi Akintade- TreaSU￿r (appotnted 29 October
2025)

THE VALLEY TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 JULY 2025 (¢ontInu￿)
The Trust Deed Spec￿05 that there should not be less Umn four trustees and nol moro than eigit Ihat
the trustees can appoint new trustees and that any trustees so appoinled musl stand for eteclion al the
nèxt Annual Gerkefal Meeting. Every tnjstee i8 elected to olTKe at an AGM for a period of three years
unless he or she dies, resigns or is certified as unsound in mind. A retiring trustee Stand for r
election at the Annual General Meeting at the end of their th￿-year temi in office. The Trustg8s note
Charity Commission ￿$t practice 1$ 2 temts. wth potentlal to be 3 in e￿eptronal circumstsnces. and
can roFQrt it is fulty compliant.
The Chair is responsible for the induction and tiaifting of nvwtru8tees. Support requlreme#nts will depend
on the experienc8 of the new trustee and tsir prior kncNAedge ol ihe counselling work undertaken by
the Val* Trusl.
None of the truste98 r￿e4Ve any remunerallon for ts v4Drk ¢ary out for ts Trust as a trustse.
None of the tru8te88 has any benef￿la1 Interest in the Trust One trustee18 8 COUll8ellor for the Trust
and perIod￿alty also provides sPe￿fiC support relatsng to thelr profession81 area ol experts'se. Thi8
tnjstee is excluded from any decisM)ns they ¢￿Id wlentialty benefft trom.
Th• Coun¢ll of lrtanag•m•nt
The trustees are responsible for the affai￿ ofThe Valley Trust. There18 a cour￿11 of Management which
usualty meets at three-monthty intervds. Tho¥e who a￿ currentty n*mbern of the Counol of
Managemenl a￿ the trustee8 and the CEO, with support parlFeS invited lo attend on as r￿ed$ basls e9
finance officer, webshe support etc. Imiilst all members of the Council of Management participate In
dlscussing the ilems on thè aganda, deciS￿n$ aro made by the Trusteos. Trustees con￿'¢tod in anyway
are excluded from declslon making prcwses.
During the year ended 31 Juty 2025 the Tn￿t had Iwo ernpboyees-Ally Sifver. the Tru8¥s Manager, and
Kalharine Wilbher, the Trugys a¢¢ountsnt who re8wned effectsve August 2024 and was replaced by
Fbna Hendersm, a sell*mthed contractor, apwnied 9 August 2024.
Employee. support 6taff and Lxun8elk)r ￿muneratK>n are rev*wed on an annual basis to remaln
competitive in parallel lo setting ¢hargiThJ levels to schools.
The trusteos. report was appn)ved by the Board of Trustees.
Shaun Peter Ma￿￿akI- Chalr
Dated.. 1•t Mafch 2026

THE VALLEY TRUST
STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31
JULY 2026
The trustees are responsibk for PTeparing the Trustees, Report and the financial statsments in
a￿OrdanCe with applicable law and Unrted Kingdom Accounbng Standards (United Kingdom Generally
Accepted AccountiThJ Practice).
The law appltable to charibes in EnglaThJ arKI Wale6 requi￿$ the lJuslees to prepare financlal
State￿nts for each financial year which give a true and fair view of the state of affairs of the ¢harlty and
of the inc(xnlng resources and app11￿tiOn of resources of the charty for that Period.
In preparing these firwicial state￿￿￿. tho trustee5 are r￿uIred to:
- select suitabl6 accountlng p)Iloes and then appty th8m ¢(￿￿$t•n￿.
. observe the meth¢th and tyncipiBS in the Charitss SORP.
- rnak8 ludgew*nts and estimates that ar8 reasonable and Pr￿￿enL
- slate whether applicable accounts'ng stsndards have bw) folbwed. $ubpd to any Material departur85
disclosed and explain8d in the linancial ststements; and
- prepare the financial slatements on the going ¢oncem basis Un￿ It is Inappfowiate to presum8 that
the charity will conts'nue in operation.
The truste86 are resp(￿S￿)I0 for keeplng sufficlant accounling records that di8ck)sè with reasonable
accuracy at any tirrÉ the financial Fosllion of Ihe charlty and enable them to ensure that the financial
statements compty wilh the charrt￿ Act 2011, the Charlty (ACc￿nts and Reports) Regulations 2008
and the provisions ofthe trusl deed. They are also responsible for safeguardlng the asgets of the chanty
and hènce for tsklng reason8bl8 steps f¢Y the preven￿On and detection of fraud and other irreguladtles.

THE VALLEY TRUST
114DEPENDEKf EXAMINElfS REPORT TO THE TRUSTEES THE VALLEY
TRUST
the yew ended 31 2025.
AB tho trustoes of tharity ytyj arn resrthsth for thè preparation of th• IlnaTrxl stsl•m9nts
cwtsnc4 wllh tho r*wiraments oftho Clwitw Aca 2011 (th8 2011 Ac4).
ofthe 2011 Acl. In carryino rrry examinat*￿ I have lolhJw8d a¥ th• aFvlw*ble Dir84kn￿ glven by I
CW Cthnmlswn undfjr 14qSXbl of tho 2011 Ad.
Ind•p•nd•nt Examln•r'• •t•t•m
Since Iho ctsrity's w infJ)m• èxc8•d•d £250.CM)O y￿1 •xamThr musl bo 8 m8mt•r of a btsjy kslod
In sect￿ 145 of Ihe 2011 Aca. I that l am Qualified lo ur#Yertak8 éxkm¥wt¥)n boc•ts8 l am
a member of ICAEW. vthhKkn 18 of the 1$18cl l)cMJ*s.
I have conwtsd my exwnknallon. l (x)nth that no mattars tr•v• o)m• to my connoction
l. actountlw r•cordk*wo nol kerA in re¥•c¢ of Iho charity as rwwlrnd by fy•ctkn 130 ofthè 2011
3. finana81 sIBteM￿ls do ￿ ¢￿￿FIY lh8 opplkabie requTrmènts con(xniNJ the fomi
ond cxthtofxcounls ojt in Ihè chorrt￿ (Ac£ounts gnd Rgixffisl Regul8tN)ns 2008 0th8r
than any rthwtromont that thoa(y)yJnls atr￿aTrI lalr¥l•wwhth18 nota m•tt•rCxK￿trj0T8d
as part of an indewd•nl 8Xaff￿Ik￿.
I havè no corKem8 have rATh (Ihgr m8tters w) eonn8ct>Jn wllh the 8xamination io wh￿h
attenti(￿ sPthld be drawn Sn this rewl In ordw to I￿atA0 a pwr understanding ol thé ffin•ncio1
Gavln Brrywning ACA
Ashursl Hou80, Codar Road
Woklre
Swroy
GU22 OJJ
tyitULl￿f 2026

THE VALLEY TRUST
STATEMENT OF FINANCIALACTMTES INCLUDING INCOME AND
EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2025
Unr•fjtrfctod
fvnds for 12
month•
2025
Unrostrkted
funds for 12
months
2024
Charilable 8divOti"6s
Inve8lments
449.361
459,975
Total In¢om•
463,261
Raising funds
Clwtsble activllles
734
Totsl •xp•ndlthrn
452,615
Net Ilos8o$yg8ins on inY•6lment8
10
{2,142)
N•t mov•m•nt In fund•
19,572
8,504
Fund balan¢e8 at 1 A￿U812024
175,141
166,837
Fund b•lanc•• a131 Juty 2025
194,713
175,141

THE VALLÈY TRUST
BALANCE SHEET AS AT 31 JULY 2025
2026
Curr•nt a88•t8
Debtors
Inveslrrents
Cash at bank and in harKI
12
13
14,076
100,000
124,792
12,517
215,486
Crodltorn: amouni8 l•lllng du•
wlthln on• y•or
14
Net current assets
194,713
176,141
Totsl assots1088 curr•nt
li*bilitl•s
175 141
In¢om• funds
Unrestrscted funds
194.713
175,141
194,713
175 141
The financlal ststenxnts were apwoved by the Tnth on 111 March 21r26
Shaun Peter Macdonth*- Chair
Tru•t••

THE VALLEY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY
2025
Accountlng pollclo8
Charity infornmtlon
Th6 charity is govemed by ts Irust deed. The chantys busin05¥ address 15 2 Norfdk Fann Close,
Woknng, Surroy GU22 8LL
Accountlng Convgntlon
The financial statenwts have been prepared in accordance the charitys m8mordndum and art￿leS
of asscKOation, the Charities Act 2011 and 'Accountin9 and Reporknng by Charities: StaieThnt of
Recommended Practice ap￿iCable to charitEs preparing their xcounts in accordance wilh the Financial
Reporting Standard applicatAe in the UK and RePU￿1t ol Ireland (FRS 102> (effective 1 January 2019)..
The charity ￿ a Public Benefit Entty as defined by FRS 102.
The financial staleThnts have departed from the Charitios (AcLounts and Rep)rtsl Regulations 2008
only to the extent reqUI￿d to provide a true and fair ViV4W. This departure has involved following the
statement of Recommen(led Practice for ¢harib'es applyirvJ FRS 102 rather than the version of the
statement of Recommended whrh ￿ referr*J to in the RegulatiorA Ixjt whth ha8 since teen
withdrawn.
The financial ststsments are prepared in sterfrng. which IB Ihe fiJncth?nal currénry of th8 charity.
fraonetary amoLtnts ￿ these financial statements are rourvjed to the nearest £.
The financi81 statem8nts have been wepafed under the historkal o)st conventlon, modifi8d to include
certain financial in8tnJment8 al fair value. The principal a¢countsng pollcies adopted are set out below.
Golng concern
At the time of apwowng the financtal statements. the Injstees have a reasonable expectation that the
charlty has adequate resources lo continue in op8rational existence for the foreseeable future. Thus the
truslee8 continue to adopt the golng c(￿eM basis of accountiNJ in preparing the financial statetrnnts.
Charit•ble funds
Unrestrided fvnds are availabfe for use at the d1scretx￿ of the trustees in furtherance of their charltable
objectives.
Re¥tricted fvnds are Subject to SP8cik condition$ by donors a8 to how they may be used. The purpo
and uses of the ￿tricted funds are Gel out in the notes to the finanoal statements. There were no
restricted fvnds dunng the year.
1A
Income is recogniseAJ when the charity is *alty entit￿ to it ats ary ￿erf￿n¢8 condrtM)ns have
been met. the ar￿Unts Gan be measured reliably. and it ￿ probable that irKome wlll be recehed.
Income from chaiitable activrties is recc4Jntsed when the counselling actiwties at •ach school have been
perfoffl￿d, reftecting the hours of counselling carried OUL If the number of hours of counselling
perfomied at a ths than the hours paid lor. the slM)rtfall 1$ trealed as defer￿ inco￿, and is
treataj as an incoming r050urce wthen the crmjnselling is perforn￿.
Investment Inco￿ 1$ recognised ￿ the Peri￿ in whth the tharty ￿ entitled to rvAipL

THE VALLEY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY
2025 (continued)
Expfjndituro
Expe￿It￿e is recognisad thern is a Iggal w ¢onstruc*"ve obligation to transfer economi¢ benefft to
INrd paty. it is probable that a transfer ol econ￿1¢ beneffts wll be Rquired in settlemenl. and tr* amount of
tho obligation can be me08ured relthty.
Exp8nditwo is classrf￿d by actsw. The ¢¢)sts acts¥ity wè mwje ￿ of thè tdAI ol dliBCt ¢osts
8haTed costs. inclu(h"r¥J 5UPt#Nt cos18 invofved in undgrtakiTrJ Cirect cxjsts attrbbulable to a sin9le
acllvity ar8 allocated dredy to that aclNty. Shared costs vknich etxtsibute to mre Ihan one aGtivty and
6UPPQrt costs véhich ara not 8ttribulaiAe to a 8ingle activhy are apwt'oned bets%￿n th￿8 actp¥iti8s on a bgsis
¢onBistwrt wth the use of resources. Central 8t3ff costs are all￿816d on ts ba818 of time S￿nt, and
dwffjdation charg•s aro dlctated on the pthon of ts as8et.ts u88.
All w¢n(Iture 18 on ￿ xuu•l$ b8ws wwj is irKthl¥e of VAT. EX￿￿tyra l•
rec¢)ynl$•d Nvhere Ihere18 8 legal OT constNctive Obligati￿ to make payments tr) third parti88. 6t Is Ixobablo
that tho Settlwnent be rawired al￿ the can be moBswad fOk4Ny.
Costs ol ralsing lund8 comprlse of inveskn•nt managw costs. tr•ding costs and thg costs irKutrod by
th• charity In inthlng thbrd parb'¢s to make vduntsry contributions to rt, I￿11 as the ¢08t of any
a¢0¥tt￿ts vAth a ￿￿draI￿rwd Fxwpo80.
Exp8nthturo on eh8rrtable acalvi1￿ I￿ludeS ts Colts ol ddi¥wlrvJ s¢r4K¢s arvj othw a￿leS
undartak¢n to furthr tha PUfPOW of (*•rity *KI I￿1r aMou•t•d costs.
Flx•d ••••t Inv••tm•nts
Flxad 818vt investrnents ￿n￿alty mo8sw8d at tsunsacbon rth• 8Xd￿ trrnctkn crAts, and are
jubsequen￿Y measured at f•r value at each repxbng date. Chaw in fair valu8 ar• r*¢￿18•d In n8t
IncomellexperKlrture) for ts yoar. Tran8aclion ¢06ts ewied # iwThed.
Imp•lrni•nt of flx•d a•••l•
At each rewting end dale. th8 charity revitr*7 tho carylng of its tanklb18 as$8ts 10 determlne
whether the￿ 18 any Indication that tho* ￿ have ￿￿ered •n iMpw￿8nt loss. If any su¢h in(ticatlon
exlsts, the recoverable amthmt of the a88et is oslbmated in othr to d*rmlne the extènt of impairment
8 {if ony).
IA Ca•h and ¢*•h •qulval•nts
Cash and ca•h equivalorts inckKle cash vi hand. depDslt8 hold at e8ll *ith b8rt9, otlw 8hort.tenn liquld
Inv08tments ￿ryth origngl matrultie• of three month8 or leu.

THE VALLEY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY
2025 {continued)
Flnanclal Inotrum•nts
The charty has elected lo appty tho prowsions of Section 11 'BaS￿ Financial Instrumenis. and Secb'on
12 '0ther Financial Instruments Issues, of FRS 102 to all of rts financol instruments.
Financial instruments are re(XtyJnised in the charity's bala￿ sheet when the charity Lwowes paty
the contractual provisions of the instrument.
Baslc ffnanclaj assets
Bas￿ financial assets, which indude debtors and cash and bank balances. are initially mea6ured at
transaction pr￿e including tran&Kts'on costs. Financial assets classified as receivable within one year
are not amortised.
8aslc fmanclal Mabllltle•
B88ic financi81 liabilitie8, includlng creditorn and bank k)ans. arn initialty re¢o9nlwJ at transxtton Pfke.
Finanekgl liabilit￿ ¢las8ffied as payable wV)in one year are not ar￿rtis￿.
Trade creditors ave obluations to w for gcrfJds or 8erYices thal tMve been wuirod in the ordinary
course of operfknns from suppliers. Amounts payable are classffied as current liabilits'es rf payment is
wilhln one year or less. If not, they rAe Fwented as non-current liabiltties. Tradg creditors are
re¢ctyJnlsed al transactit)n prKe.
Dwveognldon of Ilnanelal Ilabllld••
Flnanclal Ilabilitlos are dwecognised when tho chaws ¢￿tr%￿al obligatk)ns expire or are di8charged
or cancelled.
1.10 Employm b•Trofft•
The cost of any unused hollday entittwt is rwni8•J in Ihe pevlod in which the employee's soNices
are receNed.
Termination beneffts are recc>Jnised immediatety a8 an expense when the charty i8 demonstrably
committed to termin*e the eryloymant of an ern￿oyee or to provbje tenrunabon benefits.
1.11 Rrtlr•m•nt b•n•fft8
Payments to defined cOntribut￿)n retirem8nt benefft ￿heTres are charged as an expense as ltrw fall
due.
Crltk•l a¢countlng esthnatO8 and )￿ements
In the application of the chaTty'8 accounb'ng [￿￿￿e$. the trustees are requi￿ lo judgements,
estimatss and assumpts'ons about the caffying atrnunl of and Ilabllitw that are not re&Yity
apparent from olher Sources. The estimates arKI associaled assumptHMs are based ¢)n historical
experience and other factors that are consNJered to be rekvant. resulls may drfer from these
eslirrAtes.
The est'mates and underfying assumptions are reviewed on an ongoing basts. Revisions lo accounting
estimates are recognised in the period in which the esb'mate is revtsed where the revi%ion affects on
that period, or in the peTDJ of the wision and future pefiLMJs where the revision allects both curr8nt and
fu￿re perirxjs.
10

THE VALLEY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY
2025 (continued
Charltabl• actlvlllgs
Y•ar •nd
2025
Year end
2024
Schoob ¢ounsdling
459 975
Rahlng fund•
Ymr •nd
2025
Y•ar ond
2024
und
Finders, fees
InvastThnt managerrent costs
SC
234
734
Ch•rftable a￿vItI•8
Y•ar
2026
Y￿1 ond
2024
Staff costs
Schools counsellin9
S811-employed 8upervi80rn
Counsellors training
26.115
404,164
28,474
389.831
21,140
2,355
439.800
431,264
Grant funding of actpiitses (see note 6)
Supp)rt Costs (see note 7}
Govemance costs (see n(ts 7)
6,111
3,257
2,713
451,881
4.161
4,159
439,584
Grants payabl•
Y••r ond
2025
Yoar ond
2024
institution .
Hook JunK)r Sch¢)ol
Tohvorth Girls, School
Sutton Grammar School
Heston Primary School
Cl8ve$ Junior Schwl
LEO Academy Trust
Long Close School
14001
11701
1,680
2.333
400
2,000
268
6,111
The WaI￿e amounts for Hc•Jk Junior SctsJ)l and ToN¥c¥th Girls. School relate to a(ljustmerts to grants
giyen in *vance the total h￿r5 exr*cled werfr able to be provided in full for the prK)r year.
11

THE VALLEY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY
2025
continued
Support ¢osts
Support GoVwna￿e
Support Govwn•n¢•
costs
2024
Insuranc
Advertising, travel
and barring serv
Office eXFenses,
phone & intemÈt
Accounts
preparalth &
examlnation fees
Legal & professional
Web511e re-design &
other govemance
469
469
542
542
1.378
1.378
1.227
1.227
2,314
2,314
1.488
3.555
47
3.555
47
560
35
580
35
557
557
8.320
All 8UPPOrt costs relale to Charitsble xtiviti88.
None of the truste￿ (or any persons conr*¢ted wth thèm) received any romtsnera￿n during the year
and none ol the trustees were reimbursed for any trav&ling expenses12024.' £nill.
The charfty has irKlemnif*d th8 trustees against liabihty ty taklng out 1nsurnn￿ costing £469 for
the year12024: £5421.
Employ•
Yo•r end
202S
Numbor
Y••r •nd
2024
Numb?r
The average monthty number of enyloyees duiin9 tho year was:
ment costs
Wages & salaries
Pension o)sts
25.380
735
25,844
630
26.115
26,474
There wer8 no employees whose annual remunerath)n exc*Jed £60.IMI.
12

THE VALLEY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY
2025
continued
10
Net (louesygalns on uN••tmonl•
Year end
2026
Year Ond
2024
ReVa￿allOn of investments
11
Taxatlon
The charity is exempt from tax on income and gains falling wiitiln sect5on 505 of the Taxes Act 1988 or
seetson 252 of the Taxatsonal Chargeable Gains Act 1992 to extent th* Ihese are appl￿1 to it8
charitable obieebve8.
12
Dobtorn
2025
2024
Amounts fallkng du• **hln on• ymr.
Trade debtors
Schools coun5elllng charges receivable {accrued in¢omo>
Other debtors
Prepaytrents
3.720
7.335
1.532
3,620
7,420
14.076
13
Currnnt a￿•t Invo•lmw
2025
2024
Unlisled investrmnts
14
Crndftorn: •mounts falllng du• T*lthln on• y•ar
202S
2024
Other taxations & scKial security
Deferred inco￿￿ (see not• 15)
Trade creditors
179
23,931
27.921
620
211
17.440
19.552
6.166
503
Accruals
44,155
52,862
13

THE VALLEY TRUST
NOTES TO THE FINANCIAL STATEPAENTS FOR THE YEAR ENDED 31 JULY
2025
continued>
13
Doforrod Incomfr
2025
2024
Arising from Schw18 counselling seN
23,931
D8ferred is Included within current liabllities.
Mov•m•nt In d•l•rr•d Incom•
At 1 August 2024
Re8our¢es deferred during the period
Ar￿Unts released to irtome from Frfevious periods
23.931
17.440
48,041
23.931
At 31 Juty 2025
Deferred incom8 is made up of FU￿re £1,354 {2024: £nlll Hours (￿j £16,08612024'.
£23,931).
Future Services ar• amounts Involced prior to 31 Juty 2025 for 8er¥kes to be provKled after that dale.
Hours Owed are amounts invored to 31 Juty 2025 s8Nice8 expecbj to ￿ provPJ•J prior to
that date, but the number of hours provthd has fallen slKYt of the invored hwrs.
16
R•tlY•m•nt b•n•fit Kh•m•
Dofin•d eontrlbutlon •ch•m•
The charity operates a defined contributi(Jn 8¢heff* for all qualifying employe06. The assets of thg
$¢hemo are held separalely from those of the charity In an ￿dependen￿Y &Jministered lund.
The charg8 to Ihe statement of fiTTranu￿ aclfvrties In resF*Ct of deffined contributlon tschem8s was £735
(2024.. £630).
17
Rolatod p•rty tr•n•a¢tlo
There ware no d1scl0sab￿ paty transactions duriThJ the year12024". none).
14