Company registration number: 00493764 Charity registration number: 297507
## Old Redingensians Association Limited
(A company limited by guarantee) Annual Report and Financial Statements
for the Year Ended 30 June 2025
Vale & West Victoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG
## **Old Redingensians Association Limited**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 4|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6 to 7|
|Balance Sheet|8 to 9|
|Notes to the Financial Statements|10 to 17|
## **Old Redingensians Association Limited**
## **Reference and Administrative Details**
**Trustees** K C Brown, Archivist N C Burrows J D Chadwick A D'Souza C Evans, Headmaster R G Griffiths DL E S Holt, Honorary secretary S Oliver F Peck, President R J Sawyer J H Short R J Taylor, Honorary Treasurer A D Truslove A S Tuggey DL, Chairman P Whitehead C J Widdows, Membership Secretary **Independent Examiner** Vale & West Victoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG **Solicitors:** Blandy & Blandy 1 Friar Street Reading Berkshire RG1 2BU **Bankers** HSBC 26 Broad Street Reading Berkshire RG1 2BU **Registered Office** Reading School Erleigh Road Reading Berkshire RG1 5LW **Charity Registration Number** 297507 **Company Registration Number** 00493764
## **Trustees**
Page 1
## **Old Redingensians Association Limited**
## **Trustees' Report**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present the annual report together with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practise applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Objectives and activities**
## _**Objects and aims**_
In setting its objectives and planning its activities the Trustees have given careful consideration to the Charity Commission's general guidance on public benefit.
The Association will encourage old boys of the School to become involved in activities that will maintain the heritage of the School. It is important to the local community that a grammar school option should be offered to the town of Reading and beyond. In planning activities for the past year, the Association sought to demonstrate the public benefit to the community from its annual programme of activities. The principal benefit of the Association's activities is to support the School through grants, awards, fundraising and direct advice and assistance.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Achievements and performance**
The Association's main investments continue to be the Charities Official Investment Fund (COIF) Deposit Fund and an investment in property.
The ORA was delighted to participate in the 900th anniversary celebrations. We continue to support the School's International Book Week, School Magazine and Senior Prize Giving.
## **Financial review**
## _**Policy on reserves**_
It is the policy of the Association to utilise reserves for the benefit of the pupils of Reading School. Reserves are considered to be the value of the Unrestricted Fund (excluding designated reserves) less the Investment Property. Reserves should not exceed three times the current year's costs. In the event that Reserves exceed this criterion, Council should consider what action is needed to bring the outcomes into line with this policy.
## _**Investment policy and objectives**_
The Redingensians' Sports Ground is being held for the long term as an inflation-proofed source of income and potential windfall capital appreciation. If the ground is designated for housing development this policy will need to be reviewed.
At least 75% of the Association's liquid resources will be held as cash deposits at COIF or in the Association's bank accounts. At the discretion of the Treasurer, in consultation with the President and Council, up to 25% of the Association's liquid resources may be held in other COIF funds managed by CCLA, said proportion to be rebalanced at least annually if it grows more than 25%. The amounts invested in each category will be noted annually in the Association's independently examined accounts.
Page 2
## **Old Redingensians Association Limited**
## **Trustees' Report**
## **Going concern**
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the forseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
## **Structure, governance and management**
## _**Nature of governing document**_
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The Association is a registered charity and that charity is a company limited by guarantee. The principal activity of the Association is to advance the education of the pupils of Reading School by providing or assisting in the provision of educational, recreational or other charitable facilities for their use.
The Association is governed by its Memorandum and Articles thus the liability of each member is limited, currently, to 25p in the event of a winding-up. The President, Vice President, Immediate Past President, Treasurer, Company Secretary, Membership Secretary, Events Secretary and Archivist, and such other officers as the Council shall determine, are elected by the membership on an annual basis. The Headmaster is a member of Council ex officio. The other Trustees, up to a maximum of 9, are appointed, each on a three-year term but subject to annual re-election, by the membership. Elections take place at the Annual General Meeting and any member is eligible for election to any of these offices. Any Trustee elected to the Council for the first time is supplied with a copy of the Memorandum and Articles of the Association, together with a document outlining his role for the proper running of the Association. Copies of the minutes of all Council meetings are supplied to all Trustees, whether or not they are able to attend those meetings. At the Association's Annual General Meeting on 28th September 2019, members adopted revised Articles of Association which, in the opinion of ORA Council, better reflect modern governance practices and requirements.
The Members of the Council of the Association, are, in addition, the Trustees of the charity and Directors of the company.
## _**Major risks and management of those risks**_
The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Page 3
## **Old Redingensians Association Limited**
## **Trustees' Report**
## **Statement of trustees' responsibilities**
The trustees (who are also the directors of Old Redingensians Association Limited for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **Small companies provision statement**
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on 3 December 2025 and signed on its behalf by:
A S Tuggey DL, Chairman Trustee
Page 4
## **Old Redingensians Association Limited**
## **Independent Examiner's Report to the trustees of Old Redingensians Association Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of Old Redingensians Association Limited as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Lee Gardner FCA Vale & West
Victoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG
3 December 2025
Page 5
## **Old Redingensians Association Limited**
## **Statement of Financial Activities for the Year Ended 30 June 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Voluntary income
3
Investment income
4
Other income
5
Total income
**Expenditure on:**
Raising funds
Charitable activities
Total expenditure
Net income
**Other recognised gains and losses**
Other gains/losses
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
14|**Unrestricted**
**funds**
**£**
15,750
2,332
18,169
36,251
(2,743)
(25,331)
(28,074)
8,177
(711)
7,466
337,696
345,162|**Endowment**
**funds**
**£**
-
2,732
-
2,732
-
-
-
2,732
(4,489)
(1,757)
117,563
115,806|**Total**
**2025**
**£**
15,750
5,064
18,169|
|---|---|---|---|
||||38,983|
||||(2,743)
(25,331)|
||||(28,074)|
||||10,909
(5,200)|
||||5,709
455,259|
||||460,968|
The funds breakdown for 2024 is shown in note 14.
The notes on pages 10 to 17 form an integral part of these financial statements. Page 6
## **Old Redingensians Association Limited**
## **Statement of Financial Activities for the Year Ended 30 June 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Voluntary income
3
Investment income
4
Other income
5
Total income
**Expenditure on:**
Raising funds
Charitable activities
Total expenditure
Net income
**Other recognised gains and losses**
Other gains/losses
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
14|**Unrestricted**
**funds**
**£**
7,824
3,744
20,177
31,745
(260)
(22,655)
(22,915)
8,830
1,193
10,023
327,673
337,696|**Endowment**
**funds**
**£**
-
2,673
-
2,673
-
-
-
2,673
8,075
10,748
106,815
117,563|**Total**
**2024**
**£**
7,824
6,417
20,177
34,418
(260)
(22,655)
(22,915)
11,503
9,268
20,771
434,488
455,259|
|---|---|---|---|
All of the charity's activities derive from continuing operations during the above two periods.
The notes on pages 10 to 17 form an integral part of these financial statements. Page 7
## **Old Redingensians Association Limited**
## **(Registration number: 00493764) Balance Sheet as at 30 June 2025**
|**Note**
**Fixed assets**
Investments
9
**Current assets**
Stocks
10
Debtors
11
Cash at bank and in hand
**Creditors: Amounts falling due within one year**
12
**Net current assets**
**Total assets less current liabilities**
**Creditors: Amounts falling due after more than one year**
13
**Net assets**
**Funds of the charity:**
**Endowment funds**
**Unrestricted income funds**
Unrestricted funds
**Total funds**
14|**2025**
**£**
353,859
1,388
3,219
115,721
120,328
(3,219)
117,109
470,968
(10,000)
460,968
115,806
345,162
460,968|**2024**
**£**
359,059
1,435
8,231
106,685|
|---|---|---|
|||116,351
(10,151)|
|||106,200|
|||465,259
(10,000)|
|||455,259|
|||117,563
337,696|
|||455,259|
For the financial year ending 30 June 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The notes on pages 10 to 17 form an integral part of these financial statements. Page 8
## **Old Redingensians Association Limited**
## **(Registration number: 00493764) Balance Sheet as at 30 June 2025**
The financial statements on pages 6 to 17 were approved by the trustees, and authorised for issue on 3 December 2025 and signed on their behalf by:
.........................................
E S Holt, Honorary secretary Trustee
......................................... A S Tuggey DL, Chairman Trustee
The notes on pages 10 to 17 form an integral part of these financial statements. Page 9
## **Old Redingensians Association Limited**
## **Notes to the Financial Statements for the Year Ended 30 June 2025**
## **1 Charity status**
The address of its registered office is: Reading School Erleigh Road Reading Berkshire RG1 5LW
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
Old Redingensians Association Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Income and endowments**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.
Charitable activities and Governance costs are costs incurred on the company's operations, including support costs and costs relating to the governance of the company apportioned to charitable activities.
All expenditure is inclusive of irrecoverable VAT.
Page 10
## **Old Redingensians Association Limited**
## **Notes to the Financial Statements for the Year Ended 30 June 2025**
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities
## **Investment properties**
The investment property, a sports ground, is stated at valuation and an Independent valuation is obtained by the trustees at periodic intervals, usually every five years at the same time that a rent review occurs. In the intervening years, the investment property is valued by the trustees having regard to any significant changes in circumstances which have incurred in the year under consideration. In normal circumstances the principal factors affecting valuation are rent receivable and long-term interest rates prevailing.
## **Fixed asset investments**
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'Gains/(Losses) on investments' in the Statement of financial activities.
## **Stock**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Trade debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Trade creditors**
Liabilities are recognised when there is an obligation at the Balance sheet 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 settlement can be estimated reliably.
Liabilities are recognised at the amount that the company 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.
Page 11
## **Old Redingensians Association Limited**
## **Notes to the Financial Statements for the Year Ended 30 June 2025**
## **Fund structure**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company 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 set out in the notes to the financial statements.
## **3 Income from donations and legacies**
|Donations and legacies;
Donations from individuals
Legacies
Subscriptions
**Total for 2025**
**Total for 2024**|**Unrestricted**
**funds**
**General**
**£**
1,090
7,500
7,160
15,750
7,824|**Total**
**funds**
**£**
1,090
7,500
7,160|
|---|---|---|
|||15,750
7,824|
## **4 Investment income**
|Interest receivable and similar income;
Interest receivable on bank deposits
**Total for 2025**
**Total for 2024**|**Unrestricted**
**funds**
**General**
**£**
2,332
2,332
3,744|**Endowment**
**funds**
**Permanent**
**£**
2,732
2,732
2,673|**Total**
**funds**
**£**
5,064|
|---|---|---|---|
||||5,064
6,417|
## **5 Other income**
|**5 Other income**|||
|---|---|---|
|Fees and supplies
Rental income
**Total for 2025**
**Total for 2024**|**Unrestricted**
**funds**
**General**
**£**
1,670
16,499
18,169
20,177|**Total**
**funds**
**£**
1,670
16,499|
|||18,169
20,177|
Page 12
## **Old Redingensians Association Limited**
## **Notes to the Financial Statements for the Year Ended 30 June 2025**
## **6 Trustees remuneration and expenses**
During the year the charity made the following transactions with trustees:
## **R J Taylor, Honorary Treasurer**
£243 (2024: £Nil) of expenses were reimbursed to R J Taylor, Honorary Treasurer during the year.
## **C J Widdows, Membership Secretary**
£559 (2024: £196) of expenses were reimbursed to C J Widdows, Membership Secretary during the year.
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any other benefits from the charity during the year.
## **7 Independent examiner's remuneration**
|Examination of the financial statements|**2025**
**£**
864|**2024**
**£**
816|
|---|---|---|
## **8 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **9 Fixed asset investments**
|**9 Fixed asset investments**|||
|---|---|---|
|Investment properties
Other investments|**2025**
**£**
245,000
108,859
353,859|**2024**
**£**
245,000
114,059|
|||359,059|
There were no investment assets outside the UK.
Page 13
## **Old Redingensians Association Limited**
## **Notes to the Financial Statements for the Year Ended 30 June 2025**
|**Investment properties**
**Cost or Valuation**
At 1 July 2024
**Provision**
At 30 June 2025
**Net book value**
At 30 June 2025
At 30 June 2024|**Investment**
**properties**
**£**
245,000|
|---|---|
||-|
||245,000
245,000|
The historical cost of the asset was £25,000
The last independent valuation was made by Dunster Morton, Chartered Surveyors, on 30 June 2015 on open market value for existing use basis. The property is for use as a sports ground. The trustees have confirmed that they will be seeking an updated market valuation in the coming year.
The trustees are of the opinion that the investment property valuation has not materially changed since the valuation on 30 June 2015.
Page 14
## **Old Redingensians Association Limited**
## **Notes to the Financial Statements for the Year Ended 30 June 2025**
## **Other investments**
|**Cost or Valuation**
At 1 July 2024
Revaluation
At 30 June 2025
**Net book value**
At 30 June 2025
At 30 June 2024
**10 Stock**
Stocks
**11 Debtors**
Trade debtors
Prepayments
**12 Creditors: amounts falling due within one year**
Accruals
**13 Creditors: amounts falling due after one year**
Other loans||**Listed**
**investments**
**£**
114,059
(5,200)
108,859
108,859
114,059
**2025**
**£**
1,388
**2025**
**£**
3,219
-
3,219
**2025**
**£**
3,219
**2025**
**£**
10,000|**Listed**
**investments**
**£**
114,059
(5,200)
108,859
108,859
114,059
**2025**
**£**
1,388
**2025**
**£**
3,219
-
3,219
**2025**
**£**
3,219
**2025**
**£**
10,000|**Total**
**£**
114,059
(5,200)
108,859
108,859
114,059
**2024**
**£**
1,435
**2024**
**£**
3,231
5,000|
|---|---|---|---|---|
|||108,859|||
|||108,859|||
|||114,059|||
|||**2025**
**£**
1,388
**2025**
**£**
3,219
-
3,219
**2025**
**£**
3,219
**2025**
**£**
10,000|||
||||||
|||||8,231
**2024**
**£**
10,151
**2024**
**£**
10,000|
||||||
||||||
This amount is a non-interest bearing loan facilitated by Mr Neil Thomason which is only repayable out of the proceeds of the sale of the Old Bath Road rugby ground, should this occur.
Page 15
## **Old Redingensians Association Limited**
## **Notes to the Financial Statements for the Year Ended 30 June 2025**
## **14 Funds**
|**Unrestricted funds**
General
Designated
**Total unrestricted funds**
**Endowment funds**
Permanent
**Total funds**
**Unrestricted funds**
General
Designated
**Total unrestricted funds**
**Endowment funds**
Permanent
**Total funds**|**Balance at**
**1 July 2024**
**£**
335,536
2,160
337,696
117,563
455,259
**Balance at**
**1 July 2023**
**£**
325,513
2,160
327,673
106,815
434,488|**Incoming**
**resources**
**£**
36,251
-
36,251
2,732
38,983
**Incoming**
**resources**
**£**
31,745
-
31,745
2,673
34,418|**Resources**
**Other**
**recognised**
**expended**
**£**
**gains/(losses)**
**£**
(28,074)
(711)
-
-
(28,074)
(711)
-
(4,489)
(28,074)
(5,200)
**Resources**
**Other**
**recognised**
**expended**
**£**
**gains/(losses)**
**£**
(22,915)
1,193
-
-
(22,915)
1,193
-
8,075
(22,915)
9,268|**Balance at**
**30 June**
**2025**
**£**
343,002
2,160|
|---|---|---|---|---|
|||||345,162
115,806|
|||||460,968
**Balance at**
**30 June**
**2024**
**£**
335,536
2,160|
|||||337,696
117,563|
|||||455,259|
Endowment funds were bequeathed by Peter Townsend OR (1944-48) "without intending to create any trust or legal obligation upon the OR Association". He expressed the wish that his bequest beused to buy COIF units and that the income should be used for the benefit of the School Library or such other purpose as OR Council shall decide. OR Council has respected Peter's investment guidance and his desire to support the School Library every year since this bequest was received.
Designated funds is made up of an unrestricted donation from Mr Neil Thomason (OR1966-73) in the amount of £25,000. Council has determined that these funds should be designated to support the project which is aiming to obtain outline approval for housing development on the Old Bath Road rugby ground.
Page 16
## **Old Redingensians Association Limited**
## **Notes to the Financial Statements for the Year Ended 30 June 2025**
## **15 Analysis of net assets between funds**
|Fixed asset investments
Current assets
Current liabilities
Creditors over 1 year
Total net assets
Fixed asset investments
Current assets
Current liabilities
Creditors over 1 year
Total net assets|**Unrestricted funds**
**General**
**£**
**Designated**
**£**
259,882
-
100,829
2,160
(3,219)
-
(10,000)
-
347,492
2,160
**Unrestricted funds**
**General**
**£**
**Designated**
**£**
260,593
-
95,094
2,160
(10,151)
-
(10,000)
-
335,536
2,160|**Endowment**
**funds**
**Permanent**
**£**
93,977
17,339
-
-
111,316
**Endowment**
**funds**
**Permanent**
**£**
98,466
19,097
-
-
117,563|**Total funds at**
**30 June**
**2025**
**£**
353,859
120,328
(3,219)
(10,000)|
|---|---|---|---|
||||460,968
**Total funds at**
**30 June**
**2024**
**£**
359,059
116,351
(10,151)
(10,000)|
||||455,259|
Page 17
## **Old Redingensians Association Limited**
## **Detailed Statement of Financial Activities for the Year Ended 30 June 2025**
|**Unrestricted funds**
**2025**
**Endowment**
**funds**
**Designated**
**£**
**General**
**£**
**Permanent**
**£**
**Income and Endowments from:**
Voluntary income
(analysed below)
-
15,750
-
Investment income
(analysed below)
-
2,332
2,732
Other income
(analysed below)
-
18,169
-
Total income
-
36,251
2,732
**Expenditure on:**
Raising funds
(analysed below)
-
(2,743)
-
Charitable activities
(analysed below)
-
(25,331)
-
Total expenditure
-
(28,074)
-
Net income
-
8,177
2,732
Net movement in
funds
-
8,177
2,732
**Reconciliation of funds**
Total funds brought
forward
2,160
335,536
117,563
Total funds carried
forward
2,160
343,713
120,295|**2025**|**2025**|**Total**
**£**
15,750
5,064
18,169
38,983
(2,743)
(25,331)
(28,074)
10,909
10,909
455,259
466,168|**Total**
**2024**
**£**
7,824
6,417
20,177|
|---|---|---|---|---|
|||**Endowment**
**funds**
**Permanent**
**£**
-
2,732
-
2,732
-
-
-
2,732
2,732
117,563
120,295|||
|||||34,418|
|||||(260)
(22,655)|
|||||(22,915)|
|||||11,503|
|||||11,503
434,488|
|||||445,991|
This page does not form part of the statutory financial statements. Page 18
## **Old Redingensians Association Limited**
## **Detailed Statement of Financial Activities for the Year Ended 30 June 2025**
|**_Voluntary income_**
Legacies and bequests
Donations
Subscriptions
**_Investment income_**
Deposit account interest
Income from other investments
**_Other income_**
Sales of ties
Events
Rental income
**_Raising funds_**
Annual dinner expenses
Ties||**2025**
**Unrestricted**
**funds**
**General**
**Total**
**£**
**£**
7,500
7,500
1,090
1,090
7,160
7,160
15,750
15,750
**2025**
**Endowment**
**funds**
**Permanent**
**Total**
**£**
**£**
2,732
2,732
-
2,332
2,732
5,064
**2025**
**Unrestricted**
**funds**
**General**
**Total**
**£**
**£**
-
-
1,670
1,670
16,499
16,499
18,169
18,169
**2025**
**Unrestricted**
**funds**
**General**
**Total**
**£**
**£**
(2,696)
(2,696)
(47)
(47)
(2,743)
(2,743)|**Total**
**2024**
**£**
-
1,062
6,762|
|---|---|---|---|
|||**Unrestricted**
**funds**
**General**
**£**
7,500
1,090
7,160
15,750
**2025**||
||||7,824|
||||**Total**
**2024**
**£**
2,673
3,744|
||**Unrestricted**
**funds**
**General**
**£**
-
2,332
2,332|||
||||6,417|
||||**Total**
**2024**
**£**
93
-
20,084|
||||20,177|
||||**Total**
**2024**
**£**
(196)
(64)|
|||**Unrestricted**
**funds**
**General**
**£**
(2,696)
(47)
(2,743)||
||||(260)|
This page does not form part of the statutory financial statements. Page 19
## **Old Redingensians Association Limited**
## **Detailed Statement of Financial Activities for the Year Ended 30 June 2025**
|**_Charitable activities_**
Insurance
Archive
Special projects
Pastoral
ORA sports events
Magazines
OBR development
**_Governance costs_**
Sundry expenses
Independent examiner's fee|**2025**
**Unrestricted**
**funds**
**General**
**Total**
**£**
**£**
(209)
(209)
(1,120)
(1,120)
(9,173)
(9,173)
(101)
(101)
(100)
(100)
(5,704)
(5,704)
(7,200)
(7,200)
(23,607)
(23,607)
**2025**
**Unrestricted**
**funds**
**General**
**Total**
**£**
**£**
(860)
(860)
(864)
(864)
(1,724)
(1,724)|**Total**
**2024**
**£**
-
550
(13,281)
(55)
(100)
(5,250)
(2,400)|
|---|---|---|
|||(20,536)|
|||**Total**
**2024**
**£**
(1,303)
(816)|
||**Unrestricted**
**funds**
**General**
**£**
(860)
(864)
(1,724)||
|||(2,119)|
This page does not form part of the statutory financial statements. Page 20