Chaiity r•gislTrlion numb•r 298851 (England •rnd Wal•s)
Company regi5trati¢)n nwnber 01760271
WEST BERKSHIRE TRAINING CONSORTIUM
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
11111
1111
*￿T￿Y1F5.
1210112026
COMPANIES HWSE
#165

WEST BERKSHIRE TRAINING CONSORTIUM
LEGAL AND ADMINISTRATIVE INFORMATION
N Muir
AJ Bravo
N L Penfound
(Appointed 1 May 202$)
IAppJinted 1 Dec*mber 2024)
S•¢rntsry
C Mind)er
Chartty numb•r{England and Walesl
Company numb•r
01760271
R•gist•r•d oifice
Consortium House
7 Chèap Street
Newlxjry
Berkshire
RG14 SDD
Audltor
Alb)tts LLP
3 London Squa
Cross Lan&s
GU1 1UJ
Bankers
Lbyds Bank PIC
BrKlge Streel
Newbury
RG14 58Q
Sdieitovs
20 Wesl Mills
Newbury
Bethshire
RG14 5HG

WEST BERKSHIRE TRAINING CONSORTIUM
CONTENTS
Twslees. rep￿1
Statement of Trustees. restwhsibith"e$
Independenl w11￿3 Teport
Slalement offinawal ath"vth$
10
Balance sheet
11
Stalement ol cash flows
12
Notes to th¢ finawal stslement$
13-22

WEST BERKSHIRE TRAINING CONSORTIUM
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 JULY2025
Trustee$ present th￿1 annual rewl and finarKAd Ststements for the year ended 31 J￿Y 2025.
Th& fmaniid statements have been wepartd in ￿Co[dance with the ¥C¢¥)unting policiès sèt out In notg 1 to the
finanual statements and cornply with Ihe Chanvs t1eed of Irusl. the CoMpan￿S Ad 2C¢J6 and 'A¢¢ounting and
ReporfirvJ by Charilies.. Ststemenl of RecommeThJed Prndice applKatle lo charib'es preparing their accA)unts in
a¢cofdance with the Finan¢ial R8porting Standard appkable in the VK and Reput4ic of lieland IFRS 1021 (effective
1 January 2019)"
Obje¢tiv•$ •nd aetivitles
The objects of the charty are lo thance edu¢atiM. poitiaAarty the edur*tion of young persons (induthng the
educalion of unemployed youn9 persons), thfough Ihe prowsp)n of woth experierTr¢e. vo¢ab"onal educatKJn.
appfenticeships and other servi(*$ a$ twoukl enablè peTrons to a¢>wire $kn"Ibs to secur8 •m￿rnan1 or"advance
their careers.
Contra¢ts
The Charity continue5 to be on the Register of Approved TrainiThJ Prowders IRoATP} for the delivery of
Apprenticeships and C￿tra￿S dwedty with employèrs to delNer this pro¥isTron. WBTC also ttjntraets wth the
Department for Education for fvnding su¢h as Study P￿￿TaMme5. In addrtion tc* this. Ihe Charity has been operating
other contr8¢ts that offer trainin9 related revenue. The combmalion of al of Ihese contracts has enabl8d the Charity
to provide a diversè range of OPF4Munities in leamirvJ and to people of all ages.
Publ1¢ ts￿efft rnporllng
In planning aclivities for the year. W6TC has kept in m￿d the Charity C¢)mrnissitsn'$ guthn¢e on Pubh¢ Benefil. The
focu5 of tsur remains the advancèment of indNrduab and employtfs in order to wnprovè vocational thlls,
knowlèdgè and ￿havIoUrs, which in tum wll contribute lo ￿th the ljcal and national economy. The activrties listed
below have directly helped young people into jobs and sustained their employabdty through promotion, added
responsibilty or high leaming opportunibe5. W6TC's primary focus is within Berkshire and extends to the Thames
Val￿Y region bul. where a need is est¥￿￿hed, WoThJ area.
Our Mission
are dedi¢ated to enriching Irves, transfomiing careers and improving the econLYnic and social wal￿1ng of our
communities. We emptrwer individuals through bn'¢Jging skills gaps, develo￿n9 knowledge and o)nfidence through
high quahty tailored study programmes. apprenbce5hys c4xnmeTual training.
Our maln Ob￿tIveS
1. Support ywng people. espeoaly those disadvantsyd disenga9ed through study programmes to
help build a brighter future.
2. Promote apprentr'ceships wth young people and support employers to upskill their current work forc8.
3. Evolve the organisation to reduce skil gap5 of bcal and nalional employers.
4. Promote a supportive and 5ustsinabie work enwronment for our employees in which they are
encouraged lo develop Ihwr skims and feel valued.
5. Instilling sew-confidence and sell-belef in peo* have bee¢me aLyxslomed to 81ienab.on and
disappointment 1$ CO￿ to enaNirtg Change.
A¢hi•v•ments and p¢rfomwn¢¢
Apprnntic•ghip & Commercial Progrnmme*
TC'S r￿mMitment to our leamer and ern￿OYer partners through high qualty apprenticeship programmes can be
evNJenced through achievement rales that are again signfficanlty above the natThal average. In 24125, 78.1 %
a¢hitived their apprenticeship again51 a national average of 60.5%. Twstee's and the senior management team
mainlain rts strategic objective of achievement rates to be 10% above Ihe national average. Directly deliverèd
apprenticeships numbers grew in 24r25. however. overall numbers decreased providing a dear target for 2025r26 10
in¢rw¢ th¢ number of employers we wwk wrth and y￿"MatelY. ￿￿ease apprenticeship numbers.

WEST BERKSHIRE TRAINING CONSORTIUM
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
Study Progrnmm•s
The Stuty Pro9ramme perftsrmed Ur￿er aifocation in 2Y24. WBTC $￿T an increased number of learners remaining
with their sthool in to year 12 in the local area. Business plannir#J has been implemènted to improve perfomiance in
24125. A r￿ post, Study Pfogramme I Woth Experien￿ Tutor wa5 uealed improve bpamer acL*5S to work
experience and per50n81 development. whr¢h ha5 had posit￿ Impa￿ as reported by ovr leamets and their parents.
The Study Programme. whilst small in number. is vrtalfy important to our ¢harrtablè aim of supFwytir¥J 16-18 year old
NEETS in the lo¢￿ area and the board are keen lor Ihe prO￿$10n to gmw to impact more lives.
Financlal r•vièw
Fin•nclal position
For the year ending Jdy 312025 the Chanty has reptyted o surylus 01£599.12024". £93.2&11
In¥•stsn•nt poli¢y •nd p•rlomwn
Cash balances ramained sleady with feser¥es of £282.505 {2024' £270.8161 held in Newbury Bulk1￿9 Society
£112,03012024'. £156,8￿1) in Cufrent accounts as of Juty 312025.
R•s•r¥•s poll¢y
The Board of Truslees has considered the adequacy of reseNes held by the compary. in line with the Charity
Commission guidance and concur that the level of reserves 15 suffioent to meet the comparw's responsibililh?s in tho
short lemi. In furtherarKe ofthe Chari￿s obJe¢b"ves. the reserves policy oflhe (¥mpany is designed Its..
Pmled thè bus￿esS from risk of insolvèncy or Se￿￿S thsruplion to ils thaiilablè work.
Prowde secunty against the peaks and trwghs of WK>)me affetaed by bus*iess downlum or Changes in
government policy
Provide sufficient funds to invest in Capita irrfrastwdure resour¢e8 for the t￿effl of leamers to
undertake trwning.
Risk Managemont
The TrusteeslDirectors have assass•d the major risks io the Charity is exposed. in pallicu￿r those rdatsd lo
its oper8ts.on and finances, and are satisf*ed that the syslems are in place to mtyate exposure lo major risks. The
TtysteeslDirectors wil evaluate current levds of resource5 and workirrfJ prac*ce5 in line with govemment funding
available for 2025-2026 and this 15 assessed as 9￿)d in line Tith DFE fmanryal ¢cfflpliance.
To build lh• lound¥b"ons 9ro*lh. Ihe Ch•iity is Tworknng on the folrmring x*iths'.
. Further rethjce subcontracted pThi￿on in apprenticeships focus bu5ingss d8vdc+pment on inlemaly
delryered programme$ to improve margin
In¢rease commercial offer to develop a wder rAstory*r base
Identify new fvndablt programmes to meel tt￿ need$ of thp regK>n
Grow the Sludy Programme numbets through
. Incre8se bKldin9 actity for wtsal. kncal and seth ler*Jers
StrucWre. gov•rnanc* and fflanag•mMt
The Chanty 15 controlled by rts goveming ¢lo¢vment. a deed of Ill￿, and consblutes a limiled company, limiled by
guarantée. as def1￿ by thè Comp8niesAct 2Cth.
W8TC is a registered Charity based in fftst BertShI￿ owated under the lerms of its Memorandum and
"¢les as in¢worated 1Crth Odobef 1983.
The princ4pal objective of the Chanty K*".
'To impact lo¢al and Mdor comnRumb*s wh&rn ac¢essible. kngh 17ualify trnrthng unlocks potenli* and drives posthye
¢hanp. WB TC Is dw•loplng talen4 shwng lh• fulurn-.

WEST BERKSHIRE TRAINING CONSORTIUM
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
The Trustees, who are ¥lso Ihe dire¢ltys ft>r the purpose of&ynpany law. and served during th¢ year and up lo
the date of Signatu￿ ofthe financial statèments wwe:
N Mvir
T Sandford
T IMck$teed
A J Bravo
A Mohammed
N L P8nltsund
l Davies
A Clarke
{Reggr*d 24 Septembef 2024)
(Resigned 24 September 2024)
Apponted 1 May 20251
(Appo#)ted 1 t)ecemb¢r 2024)
cwilmenl and apwntm8nt oftrnstees
The managernent ol the Charity is thè fè5ponsiblity of the Truste￿ who are elethd and Caxlpted un*Jer the terms
ofth& Trust deed.
Oryanis•tion•l $lrueturn and d•clsloTrm4*ing pokl•s
The TruSt8es￿lrectOrs meet as a minimum b￿Monthly. along with the Execjjtive Difector. Direct￿ of Training and
ihe Director of Finance and operations lo oversee the Strateg￿ direction of the company. The Director of Finance
and Operatins is also the company secrew.
Inductlon and trainiThJ of Irust8es
Twusltres. receive the following d¢J(xJmenlatkin prior to commerKement:
Induction wograrnme induding organisation chart
Charty CoMmiss￿n booklet- Re5ponwtslities of Truslees
. Memorandum antl Artides ofAssotsatwi (MAAI. a govamance th¢Um￿l Mi a¢cLYdar￿ the Charl￿$
Aci 1993
ALtdiled Year End accounts Vatest)
Minutes of last AGM and Board Minutes
Managemenl Report of ¢urrent contrads
. Latest Ofsted Report. SeKAsse$5rnent Report 8fbJ Quality Improvem￿ Plan
. They al￿ undertakè tr3iThThJ on lh¢ fol¢wry ¢ouw". The Essential Trustee and GoNwnan¢e in Pr*tice-
2020 Programme-.
Remuneration policy
Otherrypatt&rs
Remunèration of employees and key managemenl personnel is disoJssed and set * trustees. meetings. Detail$ for
remuneration for the year ended 31$1 2025 are sel out in note 11 to the finanaal statements.
Rel•tsd party relation$hips
Should a conflict of interest artse Truslees are required lo de¢l¥e irterest al a formal meeling, which will be
mlnuied. ff the issue is related lo payment the Tnjstee offering a seTh*e ofwork outside the agreed out of pc¢ket
expenses. a Vole wil be taken by the remaining Trustees as to rts appTopwiatene5S- this will exdude the Trustee
question. Ifaccept¢d, a dedaration rewesl wbll be senl to th¢ Charity Cornmis￿n for approval.
Audltar
In accordance wilh the companys artK4e$. a r•solul*Jn proposw¥J that Aj￿01t5 LLP be reappclnted as auditor of the
company will be pui at a Genera Meeting.
Each of the Trustees has confirmed that there is no information of vthich Ihey ale awa￿ whith is relevanl lo the
audii, bul of which the auditor is unaware. They have furlher conffim)ed that they have taken approwiate step$ lo
idenlfy suth r8levant information and lo estalish that the auditor is aware of such irrfcrna1￿n.

WEST BERKSHIRE TRAINING CONSORTIUM
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY2025
The Trustees. report was appro%*d by Ihe Board of T￿￿tees.
.AWhoDy.&Avll4kn.2S.2Q25. 2.Otyn)
AJ Bravo
Chair
25 Nov 2025

WEST BERKSHIRE TRAINING CONSORTIUM
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 JULY2025
The TW${￿S. who are also the directors of West Bethshire Training Consortpjm for the of company law,
are rèsponsible for preparing the Trustees. Rep)rt and the fmanaal slatements in accordarTrce wilh appluble law
and United Kingdom Accounting Slandards IUnTted Ktngdom GeneraltyAccepted ACc￿nting Practice).
Company law requires the Twstee5 lo kwre firiarwl $Lilen￿lIS kn th7ch finantsal year whv* gr* a true and fair
view of the slate of affairs of the Charity and of the incoming resources and applution of resourc*$. induding the
irKome and expenditure, ofthe thaFitsblo COmp￿Y forlhai yw.
In preparing these finanrial statements, th• Tru$lees are required lo:
- s¢le¢t $urtaWe aC￿VAhn9 polKies then apply them con*stenty."
- ot)sèrv8 the methods and pnnel￿eS in the Chanties SORP".
- make judgements and estimates that are reasonabk and prudent-
state whethèr apwicable UK Accounting Slandards have been fdkhved. sutlect lo any material departures
disclosed and explained in the financAal slatements.. and
- prepare the financial statements on the going concem I)a￿S ￿lesS it is roppropnate to pre5unp thal the Charity
will cont￿U￿ in operath￿.
The Trustees are responsible for keeping adequate accounb.ng rec¥rds that disdose wilh reasonablo •¢¢ura¢y at
any lime the finan¢ial positi.on of thè ch￿rtY and enable them to ensure that the finanaal statemerts eompty with
the Companies Aci 20L￿. They are also respon￿ble for safeguarding the assets of the Charrty and he￿e for taking
asonable steps lor the pre￿￿11￿ aThl dete(aion clfraud aTrJ other wregUL￿ti

WEST BERKSHIRE TRAINING CONSORTIUM
INDEPENDENT AUDrroR'S REPORT
TO THE TRUSTEES OF WEST BERKSHIRE TRAINING CONSORTIUM
OpEnlon
We have audiled Ihe financi81 statements of Bethshire Training Consorlium (the 'Charty'} for the year ended
31 July 2025 whith Comprise the stalemeni of find￿la] aclwibes. the balat)ce sheèt. the statement ol ¢a$h flows
and the notes to Ihe finanoal *atements. induding a summary of $i9nthcant %covnlirrfJ politye$. Tha financial
reporting fr8mewort that has been apptsèd in their preparatthi is applicable law and Unitèd Kin9dom Accountin9
Slandards. includin9 Finanaal Repo￿n9 Standard 102 The Financial Reporting Standard apphcable in the UK and
R*pul)h"¢ of Irgland {Unit8d Kingdom GenerallyAccepiedA¢u)unting PiactKel.
In our opinfvjn, tho finanrial stalements..
give a true and fair view of the st8t¢ of the ¢harrt*A• L)>YynYs affairs as at 31 Juty 2025 and of its inoyr#ng
resources and applicatron of resourees, for thè year then endetl".
have been property prepared in accord#rKe wth United Kingdom Generaly A￿ted A¢¢ounting Pra¢tKe'.
and
havg been prepared in the requirements ofthe COm￿lesA¢t 2(￿.
Basls for opinion
We Conducted 0￿r audit in accordance with Intemat*)nal Standards on Auditing {UlQ {ISAs {UK)l and applicable
law. Our responsibilitses under those slandards are fvrther desuibed ￿ the Authtofs responsibthlies for the authl ol
ihe financial stat8mgnls 5e¢Aion of our report. ￿ are irhlependenl of fv Charity in accordance wrth the ethical
r¢quiremen15 that are rdtvanl lo our audrt of the financial statements in the UK including the FRC'$ Ethical
Stsndard. and we have fulfilled our olher ethical reSkWlSitMI￿"eS in aC￿rdance thesè rèquirements. We beliwe
th* the audit evid8nce we ha￿ obta.ned is sufficient and appropriat• to prowde a b￿"S for our eoinion.
Conclusions rnlating to going concern
In auth.ting the financtal stateménls, we have con¢*Mled that the Tnjstees. use of the ￿ng concem basis of.
accounting in the preparation ol the fina￿la1 slalemenls is appropriate.
Based on Ihe woth ￿ have wformed. we havè wjentsfied any maten.al uncertainties relatsng to events or
condi11onS that, ityJividuaNy or ¢olWvèty. may cast s￿nth¢ant doubt on Ihe Charl￿S abilty to continue as a going
concèm for a period of at least tr*efve months from ￿en the finarKial statements are authorised for issue.
Our responsibilitie5 arKI the ￿¥￿SIbilitieS of the Trustees with ￿5[¢(1 to s¥)ing concem are described li the
relevwrt seclity)$ of this féporL
Oth•r Inlomiallon
The Twusiees arè rèsponsible for the other inf0M￿ts"0n. The other inf¢)matitsn eomwses the informatitsn irbtludèd in
the annual report. other than thè finan￿81 statements and our audrtor's report thereon. Our opinion on the financial
statements does not coverthe ollw inforniaiion and we do not express any fomi of assurance ￿n￿LIs1on thereon.
In conneclion wrfh our audit ol the financial statements. ￿r reS[￿￿bIl￿ is to read the other infom)ation and, in
doing so, consider whether the other infofmalion 15 malerialty inconsistent with the financAal statements OT our
krhowledge obtained in the audit or otherwise appeals io be materialty mi55lated. If we idenb.fy such material
in¢onsisten￿es or appartnt material missiatements, we are required to delemiine whelher Ihere 15 ¥ material
mi55tatemenl in the finan¢ial stsiements ty a material misstatem￿1 of the other information. M, based on the work
we have perfomed, we corldude that thérè is a material misstateft￿ of this other infcrnbm. we arè required lo
report that laet.
We have nothing to report in this regard.

WEST BERKSHIRE TRAINING CONSORTIUM
INDEPENDENT AUDrfoR'S REPORT (CONTINUED)
TO THE TRUSTEES OF WEST BERKSHIRE TRAINING CONSORTIUM
Matt•rs on f*knich we requlred to report by •x¢*pll¢
We have r￿thiftg to report in respeci of the fOlkn￿ng matters in relat*)n to which the Charrltes (Accounts and
Reptsrtsl Règulations 2008 requires us to report to you rf. in our opinion:
the informalion 9iv¢n in Ihe fin¥nci¥l $tsl¢m¢nts 1$ incm5iStenl in any matsrial re5pecl with the Tru$t¢es'
report.. or
sufficient records have not been kepL
Ihe finaA¢ial $tatem•nts are nol in agmement wtth the ae¢ounb"ng records,. or
we have not received all the infoThnation and eNplan*ions we requife for our audfiL
Responslblltti•$ of TN$tees
A$ explained more fully in the statement of Twstees. responsibl￿ties. the Tn￿tee$, who are also the directors of the
Charsty for the purpose of company law, are responsible for the preparation of the fina￿Aal stateW￿ntS and for being
satisfied that they give a true and lair view. and for 5u¢* internal C￿troj a5 Ihe Twstees delermine is necessary lo
enable Ihe preparalion d finaTrial statements that are free Irom rnal¢n"81 rrmsstatement. whether due lo fraud or
error.
In prèparing the ffinancial statements. the Trustees are responsible for assessing Ihe Charity's abilty to continue as
a going cor￿M. disdosing, as ap￿1¢able. matters rdaled to going (¥Jncem and using the going concem basis of
aclouriling unles5 the Trustees either intend lo liquidate the (*aritable wrpny ty to ¢ease operations, or have no
reali5ti¢ altemab"v¢ but to do so.
Audltorfs rnsponslbiliiies forthe audll of the finanGi•I statem•nts
We have been appointetl as audf(or under 144 of the Chwibe$ Acl 2011 and rnport in accordarKe th¥
Act •rKI relevant regulations mad¢ c* hwng effect ther•ur￿*r.
Our objectives afe to obtain reasonable assurance aboul whether the fin￿Cial statements as a Who￿ are fre• from
material misstalement. whether due to fraud or error. and to issue an audil0rf5 report thal indudes our opinion.
Reasonable assuranre is a hvJh level of asSUrar￿ but is not a guarantee that an avdit conducted in a¢cDrdance
with ISAS IUKI will always detecl 8 material misstatement when it exists. Misstatement5 can arise from fraud or
error and are Con￿dered m*erial if. indtVKlually or in Ihe a99￿9¥te, ty could reasonably be expected lo influenc8
thè eo)nornic decisions of users taken on the bas￿ of these financial statements.
Irregularities, indudin9 fraud. are instances of nOn-¢crfnpliar￿e with and regulaliws. We design procedures in
'ne with our r&$ponsibiliti•5. ouyined above. to dètèct material misstslements in ￿speCt of irregularilie5. inrjuding
fraud. The extenl to which our prtteduies are capable of dettth.ng irre9ulanties, inthding fraud, 1$ detailed below.

WEST BERKSHIRE TRAINING CONSORTIUM
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OFWEST BERKSHIRE TRAINING CONSORTIUM
Ext¥nt to t*thkh the audlt w•s consid•rnd Capable of detecllng inogul•rilies. Includ5ng fraud
Our approach to identifying and assessing the risks of material rnis5tatement in respe(* of Irregularit￿S, Inch￿Ing
fraud and nonthcompliance with law5 ond regulatws. was as fdbws..
the engagement partner ensured that the engagement team colltclwdy had the appropriate competen￿,
capabdrties arHJ sklls to idenbfy or re(￿gnIse norHyJmplian¢e wilh applicable laws arhd regulations.,
we identiffied the law$ and re9￿￿b"on5 applicawe to the ¢harrtable company throLigh thsatssions with
trustees and other mana9ement. and from our kn￿￿e19¢ and experience ofthe sector,
we l¢¢used on swa.fic laws antj regulalb)ns which we considered may have a direct malerial effect on the
finanual statements or the operalK)ns of thè charitable company, i[￿U￿1￿9 safèguarding, Ofsted, DIE
regulatory requirements, the Companies Act 20(￿. the Charities Act 2011. the Chanb"e$ SORP, taxation
le9isIth"on, tlata protectKJn, an1￿brib￿ry, èmF4oyment, environmental and hearth and safety legislation..
we assessed the extent of compliance wth the laws and regulatbons identified above through making
enquiries of management and inspecltng kgal Correspondence.. arHI
identif￿d laws and regulations communicated v*ilhin the audit team regularty and the team remained
alert to insLinces of nonryctynptiarKe thrOu￿￿)ut the
We asse55ed the sus¢eplibilrty of Ihe tharitsble compny'$ fffian¢￿ statemènts to rn#teri•l mi$$tstemenl, induding
obtsining an understsndirwj of how fraud rn￿h1 ¢)ceur. by."
making enquiries of management as to vthere they ConsKIe￿ thete was suscept*ilty to fraud. the
knowledge of actual. suspecaed and alleged fraud; and
considering the intefnal controls in place lo rnit￿ate risks of fraud and nOn-cL￿p11ance with laws and
regulaliorK8.
Audit respon¥¢ to ri$k¥ idÈntifi•d
To address the risk of fraud Ihrough managèmènt bias and override ofcortrob. we".
perfomied analytical procedures to wjenbfy any unusual or unexpecte(I ￿ab"OnShYS..
reviewed all transacbons ftsteij".
assessed whether judgements and assumpiMs made in determining the acCo￿ting estimates were
indicative of potential tsa5'. and
• inve3lig•ted the r¥lionalÈ bthind ￿gnI￿ or urxtsual trans8¢1￿.
In response lo the risk of irregul*rhes and nowthmp1r￿ct Wbth laws and W￿&t￿$, we designed pro¢e¢Jures
which included. bLrt were not limtied to..
agreeing financial statement disdosures to underfying supporting documentation: and
enquirirvJ of management as lo actual and polents'al liti'gat￿ and dalms.
There are inheont limitation$ in our pToredLftS ￿t￿be￿ abovè. The ffrf>Te removed Ihat laws arKI
regulations are from finanoal transactK>n5. the Ipss likety il is thal we would become aware of rKTrcomplian¢e.
Auditing standards also limit the audit procedu￿5 requireil to identfy non-compliance wrth l&vs and regulalions lo
enquiry of the Trustegs and Olher management and the inspec11￿ of regulatwy and legal ¢orresponden¢e, rf any.
Material misslatements thal arise due to fraud can be harder to delect than Ihose Ihal arise from •rror a$ they may
involve ddiberate concealment or cc41usion.
A further de5UlPtion of OUT res￿51b1[1Iles for the audit of the financial statements located on the Financial
Reporting Council's website at.. http'.IAw•hv.froorg.ukJaudilotsresponsitMlilies. This descriptKJn forns part of our
auditorfs report.
Use of o¥r rnport
This report is made 501ety to the charity's Injslees. as a body. in accordance wih Part 4 of the Charities (Accounts
and Reports) Regulatitsns 2008. Our audit work has been undertaken so that we might stale to the charitys trustees
those matters we are required to slate to them in an auditor's report and for no other purpose. To the fulest extenl
permitted by law. we do nol accept or assume responsiknlty to anyone other than the Charity and the charity's
truslees as a body. lor our a￿￿t wrKk, for this ￿￿1, or ft>r the opinions we ha￿ fomwd.

WEST BERKSHIRE TRAINING CONSORTIUM
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE TRUSTEES OF WEST BERKSHIRE TRAINING CONSORTIUM
Chns Maniel INotr2S 2025. 2 05￿}
Christopher Mantel {S•nh)r Stattknry Audltor)
For and on ￿hall ofAlliotts LLP, S&knJtory Auditor
Chartered A¢￿￿tsnts
3 London Square
Cr055 La￿5
Guildford
GL11 1uJ 25 Nov 2025
Date..
l*)tts LLP is eligible for appO￿tment as auditor of the Chanty by of its elwjthlty for appointm¢nl a$ auditor of
a Company un¢J¢r so¢liM 1212 ofthe Compwwes Ad 2LIX.

WEST BERKSHIRE TRAINING CONSORTIUM
STATEMENT OF FINANCIAL ACTMTIES
INCLUDING INCOME AND EXPENDrruRE ACCOUNT
FOR THE YEAR ENDED 31 JULY 2025
lunds
2025
fvnds
2024
2024
X124
Incoffl• from:
Donations and legaciès
Chantable adivdie$
Invastments
1.205,240
142,957
11.688
1.218,091
195,824
8.845
1,218,091
195,824
8.845
T•)tal Incon
1.359.88S
1.422.760
1.422,760
Expendllurn on:
Raising funds
Charitablè actiNib8S
588.785
770.501
548.927
774,562
548,927
780,543
5,981
Tolal expendlturn
1.359.286
1.323.489
5.981
1.329.470
N•t Incom• and movem•Dt in fund¥
99.271
15,981)
93.290
Reconciliation ol funds-
Fund b¥lan¢¢$ * 1 August 2024
435.615
5,981
342.325
Fund balances at 31 Juty 2026
436.214
435.615
435.615
The statement of finanaal act1w1￿ I￿jude5 al gwns and hJs5es reca)gnised ￿ the year. All iwK¢me and expenditurtr
derive from continuing activrties.
10-

WEST BERKSHIRE TRAINING CONSORTIUM
BALANCE SHEET
AS AT 31 JULY 2025
2025
2024
Flxed assets
Tangible ass•ts
13
674
7.751
Cur¥•nt ass•ts
D¢btors
Cash at bank aThJ in hand
14
165,550
394.535
176,205
427.508
560.085
603.713
CTrditoTr: #mounts falllng du• with
15
(124.5451
1175.849)
Net ¢urv•nl ass•ts
435,540
427,864
Totsl ass•ts l•ss ¢urr•nt IlablAtle5
436,214
435,61S
Th• lund$ of th• Charlty
Unre51ricled knnd5
17
436.214
435.615
436.214
435.615
The company is entitled lo the exemplion from the wyil requirement ¢ontained in sectiDn 477 of the Comp•nie$Act
2006. fof the yÈar èndtd 31 JLty 2025. althou9h •n audrt has bttn carried OLrt under se¢lion 144 of the Charities
Act2011.
The direcio¥s acknuwledge their resFonsiknfrties for complying with Ihe req￿Ternents of the Cornpanies Act 2006
with respect lo accounting records and the preparalion offfinanri￿ Statements.
The members have not reqyir•d the company to obtsin an audit of rts fffiancaal staternerts under the requI￿rnents
of the C¢mpanesAct 20C6, for th• year in qu&sth"on in accordancè with section 476.
Thèsè finarrial statements have teen wèp*ed in accordance wilh the prthrysions apphcablè to L￿MPanIeS subject
to the small companies regime.
25 Nov 2tr25
The finanaal statemenls were apwoved by the Trustees on.........................
Aolbm%A￿.{140x2&2￿2S. 2."02pm}
AJ Bravo
Chair
Company reglstration wmbgr 01760271 IEn9land Wdles)
11

WEST BERKSHIRE TRAINING CONSORTIUM
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 JULY2025
2025
2024
Cash Ilows from op•rdting ¥¢tivili¢$
Cash (absorbed by)Igenerated from
operations
21
(43,987)
BO,357
Investlny *¢tiviti•s
Purchase of tangible f￿ed assets
Inveslment income recebved
<674)
11.688
N•t ¢ash g•n•rat•d from Investlng actl¥lties
11.014
8.845
M•1 cash genefaled from financlng actlv116e¥
Net Idecreas•Vin¢v•asè In cash and u$h
•4uivJlents
132.9731
89.202
Cash and cash equivalents at beginning of year
427.508
338,306
Cash and equiv•hnts at •nd of ye4r
394,535
427,508
12-

WEST BERKSHIRE TRAINING CONSORTIUM
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 31 JULY 2025
Accounting p•ll¢les
Ch¥rity Infommllon
Wesl Berkshire Training Con50rtium 15 a private company limrted by gvaranlee ￿n￿rPOrated in EnglorKI and
w￿es. The registwed office is cons￿luM House. 7 Cheap Street, Newbury. Bewkshire, RG14 5DD.
1.1 Basis of preparntion
Thè finanoal statements have been prep¥ed in ac(J)rd￿Ce with the Chwitys wveming document, the
Companies Act 20C6, FRS 102 The Financi￿ Reportmg Stsndard applicable in the UK and Republic ol
Ireland" and the Charities SORP -AcLounling and Repo￿"n9 ty Charitbes.. Slalemenl of Recommended
PraCtIr￿ applicable to charrtitts preparing their aco)urtls in a¢cordance wth the Financial Reporting Standard
applicable in the UK and RwblK of Ireland IFRS 102)-. Thè Ch*ity ts o Put41¢ 8ènèfit Entty as tsfined by
FRS 102.
The financaal ststemènts are wepared in slerfing. which Is the functionl rjxrgnry of the Charity. Monelary
amounts in t￿se financial statements are rounded to the r￿lest £.
The ffflancial statefflents have been wepared under ihe historK￿ cost convention. The PrirKI￿ account￿9
icies adopted are set oul bekn¥.
1.2 Going ¢ortem
Following robust conlrol of costs in 202Y2024. the Charty's finances have stabilised and achieved
operating surplus in the year. At the b'me of ap￿￿n9 th¢ finan¢ial staterrenls, the Trustees hav¢ a
reasonable expedalion Ihat tht Charity ha$ •Yequate resourcès to conlinue in operational existencè for iha
fore$eeablÈ futurè..Thus the Tnth$ continuè to adopt the going c4JncÈm basis of accounling in preparing
thè finanaal statements.
1J Charftabk
Unrestricted funds ¥e •vai¥ble for use at the dis¢retiM of the Tru$tees in fwtherance of their ¢haTrtabl*
obJ'eclNe$.
Restrided fvnds #re subierj lo speufjc c4)ndittons ty donors or 9rantors as lo how they may be used. The
purposes and uses of Ihe re$trided funds are set oul in the notes to the fina￿JaI Statements.
1A Income
In¢om¢ 1$ recognisad when the Chwty is *alty enlill8d to it after any perfom)anc• ¢(￿ditionS hwe b8en
mèt, Ihe anM)unts ￿ be measurtd rehat4y, and it is probable thal income WAI té r8e•Ned.
C¥sh donations ore rtcogniséd on receipL Cxher donab.ons are rets)gnised once Ihe Chanty has been notifièd
of the donation, unless perfom)ance condrtKJns requi￿ deferral of the amount. Income tax recovèrable in
relation lo donations recerved under Gth kn or deet1s of ¢o¥enanl 1$ recognised 81 the lime of Ihe donatson.
Legacies are recognised on rece¥￿ or otherMse rf Chaiity ha5 been notffied of an impending di51ribution.
the amount 15 known. and recept is expected. If the arntyjnt is not known, the legacy is treated as a
contingent a55et.
Government grants are recogni$￿ at thè fair T*alue of the assèt receival Or reL*Nabl8 when there is
reasonab18 asswance that the grant COnd￿on5 wil be met * thè grants wll be rece￿d.
13-

WEST BERKSHIRE TRAINING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
Aec*)unllng policies
(Conlinuedl
1.5 Expondilur•
Expenditure is rec¥Jgnised once there is a kgal or clynstructive obh'gation to transfer economic benefil to a
third party, it IS Pfobable thal a transfer of eo)nomic benefits wul be required n settlement and the amount of
the obligation can be measuTed rdiabty. Expendrture is cla5sffjed by actiW. The costs of each adivity are
made up of the total direct costs and shared costs. induding support costs invc4ved in undertaking each
activity. Direcl costs attn"butable to a single a¢bvrty are allO￿ted dire¢lty to that adivty. s￿r0d cosls which
ontn.bute to more than one actywty support costs whth are not attribvtable lo a $rngle actiV7ty
apport*)ned betr¥een thost aoiwbes on a basis consistent wrth the us• of restsuT¢es. Cèntral staff costs #re
Cat￿ tsn the basis of trne syni. and depreu'atton tharges a￿ted on thè poi1ion of the asset's t1￿.
Expenditure on iaising fLmds wKknles all expendrture in￿l￿d by the Charity to raise funds for its c*aritabbe
Purposes and inc4udes costs of al fundraisin9 aclith events •KI northritstAe fundiThJ.
ExpenditLsre on chaiilable actiwties 15 irrfyjrred on direc* undert&*ing the whith furtlw the
objects"irts, as wefi as any aSS¢wiated support o)sts.
All expendrture is i￿￿S1¥e of irrecowrable VAT.
1.6 TangIts￿ fw•d •ss•ts
Tangible fixed a55els are Inthly rneasured at Cost and subsequendy wsured #l ￿$t of valuation. nel ol
depreciatÈon and any impairn)enl losses.
Depre¢iaiM is rewni$ed so as to wriie off Iho o)$1 or Va￿1￿ of assets ￿$$ their residual v*ues over Iheir
Usèful lives on the folowing base$'.
Fixtures arKI frtb'ngs
25%- 33% strab3hl line
The gain or loss arising on the disposal of an asset is delermined as ttbe difference btheen the sale proceed5
and the carrying valLJe of the asset. and is rec•)gnis8d in the slatemenl oyfinancial activit￿$.
. 1.7 ImpaiTh•nt of fix•d assets
At èach reportin9 end dale, the Charrty r¢¥iw tre ¢arryiNJ afi￿)￿ts of its l•n9iL40 assgts to detemilne
whether th¢r¢ is any indication that those assets have SLrffered an impaiment loss. If any suth indutTr)n
exists. ihe recoverable amount of the asset is ests'mated in order to delemmne the exlent of the imp•m)ent
loss {rf any).
1.1 Cash and ¢4¥h ¢qulv•l•nts
Cash and cash equivalenls inckmte cash in hand. depostls held al cal with banks, ott￿r 5hort-temi liquid
investments with original malurities of three month5 or less. and bank owdrafts. Bank overdrafts are shown
within borr￿￿1r￿js in current liabilths.
1.9 Fin•n¢thl ingtrumtnts
The CharFty has elected to appty thè promsions of Seiaion 11 '8a$ic Finarwl Inslruments. and Section 12
'Qther FIn￿¢bal Instruments Issues. of FRS 102 to all of ils ffinanoal in$truments.
Financial instruments ai8 recognised in the Chaiiiys balan¢e sPwt Ihe Clwity b•com•$ party lo the
contractual Provisions of the instrument.
Financ￿1 assets aThJ liabilrties Are offset. wilh the net am￿nts presented in Ihe financial statements. vthen
Ihere is a legalty enforceaNe ri9M to set off the reo)gnised amounts and theo 1$ •n int¢nlion io settle on ¥ net
basis or lo realise the asset and settle the liab￿ty simuhaneously.
14-

WEST BERKSHIRE TRAINING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
AG¢ounllng polici•s
{Continued}
8a$i¢ 1lnanclal￿*•ts
Basic finanoal assets. whic* Ind￿1¢ debtors and arthj bank balances, are inib.amy mgasured at
tran$a¢tion price includ￿￿ transadh)n costs and are SUbSeqL￿ carried at amth.sed I￿st Ltsing the effective
interest method unless thè arrangement constitut85 a finanong ttansaction, where the transaction is
measured at the present value of the ftrture receipts dis¢ount•d at a market rate of int•rnsL FinancAal assets
da$sthed as receivable within one year are nol amorttsed.
Bask fmancialliabililies
Basic financial liabilib"es, Ind￿J￿vj and bar* k>ans are inrtially recognised al transath.on pr￿ unlgS8
the arrangement ¢on$trtute5 a finan¢ing tranSaCt￿n. Whe￿ th¢ debt instrument is measured al the pre$ent
value of the frJture paymenls dis¢ounted al a market rate of interest. FinancAal liablrtTrès d3sSrf￿d as payable
wrthin one y•ar are not amorttsed.
Oebt inStrufflenls are 5ubsequenty caThied at amortised cost. usivwJ the effecti¥* irrtere51 rate method.
Trade creditors are obliyatKJn5 to pay for goods or swvices that have been a¢quired in the Ordin￿ ￿￿r$e of
operations from $UP￿leT5. Arnounts payable afe da55ffied a$ ¢Ur￿n1 liabAities if payfflenl 1$ due within one
year or less. If not, they are presented as non-current lia￿.1￿"È9. Trade creditors are recognisod initially al
Iransaetion price and subwu8nlfy measured at amorfised ￿st using Ihe effectiv• interest method.
Derecognition olllnanclallibilths
Finan¢ial liabiMi•s are d¢r¢wThsed the Charity's eontradual oblhjations expire or are discharged or
earjcèlled.
1.10 Employee benefits
The ¢ost ol any unused holiday entitiement is recognised in the period in whth the employee's seryices aro
recebved.
Termination beneffts are recognised immediatety as an expense when the Chaiity is demonslratAy commrtled
lo terminate the emph)yment of an empbyee or to Iwomde leminabon benefits.
1.11 Retirement b•n•fits
Payments lo defined ￿ntri1￿j11On retiren*nt btsneft $d￿rnes are tharged as an expense as they 1811 due.
Crltlcal acco￿ting •sllmates judgwn•nts
In the appli¢alion of the Chan"W$ accountin9 polipes. the Twslees are required to make judgemènts,
estimates and assumptTrDn$ abo4rt the carrying amovnt of assets and ffiabdil¥e$ thal are not readi￿ apparent
from olhef Sources. The estimate$ and assockated a$$umpt'on$ are based on hist¢yir•l experience and other
factors that ar8 considered to be rdèvant. Actual resulis may differ from thèse estsmoles.
The estimates and unde￿.ng assumptions are reNiev￿d on an ongoing basis. RevisKJns to accounting
estimates are recogni5ed in the per￿ in whith Ihe estimate is rewsed where the ￿￿slo￿ affects cnly Ihal
period. or in the period of the reMsion and luture peric4J5 W*￿e the re¥?5ion afferts both current and luture
periods.
15-

WEST BERKSHIRE TRAINING CONSORTIUM
NOTES TO THE FINANCIAL STATEMEKrs (coMriNUED)
FOR THE YEAR ENDED 31 JULY 2025
lncoffle frorn don•bons and leg*¢ie*
Unrnstrlcted Unrestrlthd
funds
fuDd$
2025
2024
Grants
1,205,240
1.218,091
Gr•nts
Olher
1,205.240
1.218,091
1,205.240
1.218,091
Income frtyn ¢￿IlIati1e adivilie*
charit*b￿ Charltsbl•
Ineom•
Incom•
2Q25
2024
Commercial training
Employer contribution5
Olher income
112,288
15,845
14.824
117.935
51,397
26.492
142.957
195.824
Anaty$l$ by fund
Unrestricted fvnds
142,957
195.824
ome Irom inv¢slments
Unrn$tri¢t•d Unr•strlct•d
fvnds
fund$
2026
2024
Inte￿5t recewable
11,688
8.845

WEST BERKSHIRE TRAINING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 JULY2025
Exp¢ndlture on Thi¥ing fund¥
Unrestrict•d Unrnslri¢tsd
fvnd$
funds
2025
2024
Fundrnising *nd ￿l¢6ty
Advertising
Olher fundr¥tsing ¢osts
Staff crJsts
25,916
3.412
559,457
25.239
995
522.693
588,785
548,927
EXpondi￿rn on charllable acti¥iti•s
Charltabk Ch41itabl•
activiti•9
•¢tivitl•s
202$
2024
Dir¢et ¢osts
Depreciats'on and impairment
Training
Othertrainee costs
5,981
227.541
82.366
211,758
117.951
329,709
315.888
Share of support and go¥•rnance Gosts Isw nol• 8)
Support
Govemance
413.372
27.420
448,711
15,944
770,501
780.543
Analysh by lund
Unrestricted funds
Restricted funds
770.501
774,562
5,981
770,501
780.543
17-

WEST BERKSHIRE TRAINING CONSORTIUM
NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED)
FOR THE YEAR ENDED 31 JULY2025
Support eosts aMocat•d to aettr4
2024
Staff cosls
Depreryation
Rent
Insufance
Rates and ener9y
Repairs and ￿neW￿5
Telephone. p051age and slaliDnary
Staff training and recruitment
Proles$ional lees and
Sundries and don*"ons
Bad dèbts and bank ch
204.244
7,751
48.000
245.265
16.070
46.(K)O
9.976
li
17.215
35.759
21,000
2.596
32,835
40.113
1.215
27.420
17.048
30,529
21.100
1.829
16.704
41,628
564
15,944
440.792
464,655
Analys•d betI￿n.
Ch*rta￿e actMt*s
440,792
464,655
2025
2024
Govemance ¢o*ts ¢¢)mpii8e:
Audil fees
Accounl8rKy
Legal and wofesS￿nal
Othef 9ovemance costs
8,700
5.838
8,250
5,084
210
2.400
12,882
27.420
15,944
Het mov•m•nt In funds
2025
2024
The net movement in fijnds is staled afier d)arginty(creditwig1.'
Fees payable for the audit ofthe c*ariV$ fin•wl statem
DepWall￿ Of￿*Med tsryible fixed assets
8.7
7.751
8,250
22,051
10 Tnrntees
Nonè of the Trustees lor any persons wrth them) Tecewl ￿ remuneration during the year, none
ofthe trust••$ We￿ rthmbutsed fty expenses (2024- £nl).
18-

WEST BERKSHIRE TRAINING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
11 Employe•s
The average monthty nLwnber ofemp*ee5 durN￿ the year was..
2025
Numb•r
2024
Number
23
22
Employment costs
2025
2024
Wages and salaries
Social security costs
other pensi￿ co$18
675.739
59,640
28,322
676.605
65,302
26,051
763.701
767.9S8
The number of employees wlwe annual remuneralion tAas mm than £80.(IJ)
1$ as fc4lows.'
1026
Numb•r
21124
Number
£60.001 . £70.W)
£70,001 to £80,IXIO
R•mun•rntlon of k•y manag•ii￿TrI PO￿onn•1
The rernunerntb￿ of key management pernonnd was as folkAvs.'
2025
2024
A9gre9ate coryensation
83.477
100,200
12 Taxation
The tharity is exempt from taxation on its èc*¥ities bec￿ all its income 15 appled for charitable purp)ses.
19-

WEST BERKSHIRE TRAINING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JUL Y 2025
13 Tanglble fixed assets
FIAtur•s and
ffttlngts
Cost
Al 1 August 2024
Additions
130.806
674
Al 31 Juty 2025
131.480
D•precia￿on and Impainnent
At 1 August 2024
Depwalion charged in the year
123.055
7,751
Al 31 July 2025
130.806
Carrying amount
At 31 Juty 2025
674
At 31 July 2024
7.751
14 D•bto
X128
2024
Amounts falling due wilhln one year.
Trade debtors
Prepayrnents and accrued irKome
138,649
26.901
146,901
29,304
165,$50
176,205
15 .Cr•ditt*rn: amounts f•lling within *)n* year
2025
2024
Oiher taxation a￿1 social security
Trade tttditors
Other creditors
A¢¢wab and deferred income
18.045
48.857
33
57.610
19,771
50,382
105.862
124,545
175.849
16 Retirement b•n•fft scheme¥
2025
2024
D•fined contribution schemes
Charge to profft or loss in Tesped of defined ca)nlrtsJb￿ stheme$
28,322
26,051
-20-

WEST BERKSHIRE TRAINING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
18 Retl￿meTrt b•n•fft s¢hwne8
Icontlnwdl
The Chanty operates a conlnkntion penwn xttem• for all qualfying emF4oytts. The assets of the
scheme a￿ held separnl¢ty from those ofthe Charity in a) iThJependentty adfflinistered fvnd.
17 Unrnstrlct•d funds
Tha unrestricled fiJnd5 of the charity comprise the unexpended baEances of donathjns and grants wthich are
not subject to specific contlrfions by donors and grantors as to how they May be used. These indude
designated fvnds which have been sel aside rjjt of w)restrithd l￿d$ by the trustees for speafK purposes.
At 1 August
2024
I￿ornIng
re$our¢es
Resources
expended
At 31 Jyty
2025
General funds
435.615
1.359.885
(1,359.286)
436,214
Pr•vlous y•ar.
At 1 August
Incoming R•sourc•s
At 31 Juty
2024
GeneTal fvnds
336.344
1.422,760
(1.323.489)
435,615
18 Op•rating l••se commlbmnts
Le8$ee
Operating lease payments represent fertals payable by the dwrity for premises rwrtals and certain items of
office equipment
At the reporting èThJ date the Charity had outstsnding corrffirtments for frAure minimum bEase payments under
non-can¢ellable operaiing kases, whth fall dLte as fonows".
2026
2024
Imthin or* year
Btheen and five years
In over fi¥e years
51.781
200,192
176.CQ)
51,781
203.973
224,¢)00
427.973
479,754
19 Rel•ted party lrnnsaelion¥
There were no dIsdosab￿ ￿1*8￿ party transxtions thring the ye¥ {2024- none).
21

WEST BERKSHIRE TRAINING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2025
20 Controlling Party
The Mèmbe￿h￿ of charity was transfeThed on 1 August 2018 to Ba5ingsloke c￿lege of Teth￿109y
IBCOT), a further educalion Corporation aThl exempl charity wrfh thè pn"rKipal purpose of provKling ￿Ut0t10n.
BCOT exert control over the Chanty by virlue ofthe right lo appoint Directors under the goveming d(Kument of
the Charity. BCOT produce ¢onsolidated ffinanryal slalements. whith indude the Chariws a¢￿UnIS at)J be
obtained from Worb"n9 Road. Bas￿9st0ke. Hampshwe. RG21 8TN.
21 Cash labtsothd byyg•n•ratsd from oyraljons
2025
2024
Surplus for the ye¥
599
93.290
Adjus1ments lor.
Investment incom• recognised in statemenl of ffinan(¥al adr¥itse5
Depre¢ialK)n and impaiment of tsn9ible fixed assets
{11.688
7,751
{6,845)
22,051
Mov•m•nts In workSng capllal:
De¢reasellinerèas•) in debtors
IDecreasellinc¥ease in uedil¢xs
10,655
(51.304}
147,855)
21,716
Cash (absorbed byVg•n•rntsd fvom operations
(43,987)
80,357
. 22 Ana￿19 of ¢hang•¥ in ntrtfvrbds
The Charity had no malefral debt dur1￿ the year.