REGISTERED COMPANY NUMBEIL. 00171179 (England and Walès)
REGISTERED CHARITY NUMBER: 307529
REPORT OF THE TRUSTEES AND
AUDITED FINANCI
TATEME
REND
GU
FOR
BEDFORD EDUCATIONAL ASSOCIATION
MDG Business Associates Limited
Room 73 Wrest House
Wrest Park
SilsoÈ
Bedfordshire
MK454HR

BEDFORD EDUCATIONAL ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Page
Report of the Trustees
Independent Examiner's Report
Statement of Flnanclal Actlvltles
Balance Sheet
Notes to the Financial Statements
10 to 18
Detailed Statement of Financial Activities
19 to 20

BEDFORD EDUCATIONAL ASSOCIATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
The trustees who are also directors of the charity for the purposes of the Companie5 Act 2006, present their
report with the financial statements of the charity for the year ended 31 August 2025. The trustees have
adopted the provision5 of Accounting and Reporting by Charities.. Ststement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The aims and objectives of the Charity are'.-
To advance the education of children and young people up to the age of 18 who are living in or attending
schools in Bedfordshire by providing or assisting in the provision of educational facilities and/or by the
provision of bursaries and grants for educational purposes.
Public benefit
The Trustees given due consideration to the Charity Commission's published guidance on the Public Benefit
requirement undèr the Charities Act 2011 and is a public bènefit entity.
Grantmaking
The company has appointed a Grants Committee to consider applications for financial support. This Committee
meets as and when necessary and has delegated power from the Trustees to make decisions up to £1,000.
The Trustees meet three times a year to consider recommendations made by the Grants Committee on
applications for financial support over £1,000.
ACHIEVEMENTS AND PERFORMANCE
Investment performance
The charity continued to receive the same rent as the tenant remained in situ and was tied in to a lease until the
ènd of the term on 31 July 2025. The charity ￿negOtiated a new lease of £75,OaO per 3nnum to 31 July 2030.
The tenant has a break clause to terminate the lease on 31 July 2028 by providing no less than 6 months
calendar notice. The charity retains a deposit as security from the tenant of £18,750, which is in an interest
bearin9 account. This is repayable at the end of the lease term. As at the balance sheet date the increased
deposit amount had not been received.
Due to a decrease in interest rates set by the Bank of England the charity decreased the amount of inteTest
earned from its cash reserves. In the year, the charity's interest income was £7,90312024.. £9,516).
On 25 July 2025 the charity received the assets of Alderman Newton's Educational Foundation IANEFI. This
amounted to £13,537 in cash and a further £31,589 which was invested in a fund for charities. The artivities of
ANEF were similar to that of the charity and have been accounted for under the merger accounting rules as
detailed in section 27 of the Charities Sorp. As at the balance sheet date the investments had decreased in value
to £30,999.
Dividends in the year amounted to £22212024.. £nill.
During the year grants were made to schools and institutions totalling £67,849 12024.. £57,166) and to
individuals totalling £7,90412024.' £15,504).
In pursuing our objectives, we have been able to deliver public benefit by helping young persons both
individually and collectively to improve their edLJcational achievement resulting in more able students being
able to benefit society as a whole a5 they pursue their respertive careers.
Page 1

BEDFORD EDUCATIONAL ASSOCIATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
FINANCIAL REVIEW
Financial p051tion
During the year the following occurred..
Expenditure on charitable activities increased during the period from £72,670 to £75,753.
The charity had an ovèrall nèt expenditure ovèr income of £6,05412024." £97,788 income over èxpènditure).
Principal funding sources
The Charity s principal funding source is by way of its investments. Its main investment is a property included
on the balance sheet which generates rental income.
Investment policy and objectives
Under the Memorandum and Articles of A5$0Clation the Charity has the power to make investments where the
Trustees see fit.
The charity's main asset is the investment property from which it earns a rental income paid by a single tenant.
The charity 15 regularly in dialogue with the tenant to assess the p055ibility of the lease being terminated. The
Trustees periodically discuss the potential options for the investment property in the event of notice being
given regarding the termination of the lease.
The charity operates a low risk strategy with its cash reserves. It looks to maximise investment income
receivable from bank accounts, whilst balancing this with the need to keep funds readily available in the event
of the termination of the lease. The Trustees look to ensure that the balances held at banks remain near to or
under the FSCS protection limit of £85,000. At every trustee meeting a bank report is given, which includes
other interest opportunities available and the status of the available funds.
The charity operates a low to medium risk strategy with regards to its listed investments on the stock market
Iprimarily these will be in FTSE 100 and FTSE 250 companies). It limits these investment to be no more than
20% of its overall cash reserves and is monitored to ensure it is not over committed. Eaih initial investment in a
chosen security shall be limited to £2,500 per share and £10,000 per fund and is reviewed on a quarterly basis.
The aim is to achieve a combination of growth and income, in order to provide the charity with additional funds
to meet its overall objectives. The charity will therefore seek to hold a diverse range of investments to deliver
upon its objeitive5 over the short, tnedium and long term.
The charit
makes suc
may look to make investments in other major markets but must consider the exchange rate risk if it
investments.
The charity will avoid investments in sin stocks.
Durin
Foun
the year the charity received listed investments within a fund from the Alderman Newton's Educational
ation amounting to £31,589, these decreased to £30,999.
The Trustees discLJSS Other potential avenues to m2ximise its incomè streams, with discussions on whèthèr the
charity should use some of its cash reserves a5 a deposlt to expand its property portfolio by taking on a loan.
Page 2

BEDFORD EDUCATIONAL ASSOCIATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
FINANCIAL REVIEW
Reserves policy
The charity needs liquid reserves to be able to honour grants approved for an academic year. The current level
of reserves is £1,374,660 12024.. 1,335,588) of which net current assets are £274,660 12024.. £235,588). Most of
the current asset reserves are held within bank accounts £251,27612024-. £243,158)..
31.08.25
31.08.24
Current account
Easy Access account
Instant Saver account
Instant Acce55 account
120 Day notice account
2 year fixed rate
13,248
83.630
65.509
9,504
53,787
22,874
87,750
69,243
243,158
88,889
251.276
The charity has funds available for immediate use of £162,387 12024= £86,165). A further £88,889 12024..
£87,750) is available within 120 days by giving appropriate notice. A balance of £nil12024.. £69,243) is held in a
2 year fixed saver with a maturity date in December 2024.
The Trustees consider the current amount of funds to be more than adequate for the purpose of honouring its
grants.
The charity sets aside approximately the equivalent of one year's rental income to ensure that it can continue to
offer grants in the event of any irrecoverable rental default or if there is a period where the property could be
empty.
The charity does not have to provide any donations in a year other than those it has committed itself to, which
can be seen in the financial commitments note.
During the year the charity received a one off injection of funds from the Alderman Newton's Educational Fund
of £13,537.
The Chairperson of the Grants Committee is making known to relevant bodies that funds are available for
appropriate applications.
Going concern
The Trustees believe that theie a￿ no material uncertainties about the charity's ability to continue for the
foreseeable future.
Page 3

BEDFORD EDUCATIONAL ASSOCIATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
FUTURE PLANS
The charity plans to continue with how it operates in terms of income generation and grants awarded for the
foreseeable future. It aims to give 9rants to schools and other educational or
anisations as well as to
Individuals up to the age of 18 who live and/or are educated within Bedfordshire.
e profits from the rental
income are the funding source of the grants.
The charity has a lease in place to 31 July 2030, with a break clause being able to be enacted by thè tenant to
vacate the premises on 31 July 2028. The charity therefore has this certain
of income for 3 years. For
contingency purposes, however, the Committee will consider possible options
or the main asset should the
tenant opt not to take out a new lease beyond 31 July 2028.
As part of the lease negotiations it was agreed that both the charity and the tenant would undertake work to
the building based on the advise of a Chartered Surveyor in terms of what work was deemed to be essential
now. Other works to the building are experted to be undertaken over the lease term based on the Chartered
Surveyor's report.
The Trustees are constantly looking at new ways to benefit the community by evolving the type of project to
which they can grant aid, a5 well as improving awareness of their work amongst the community. The charity is
trying to enhance this further by website updates and the use of social media.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a charitable company limited by guarantee incorporated on 2nd November 1920 and
registered a5 a Charity on 21st November 1962. The company's Memorandum of Association dated 14th
January 2002 establishe5 the objects and power of the Charitsble Company and it is governed under its Articles
of Association.
Recruitment and appo5ntment of new Irustees
The committee regularly reviews its composition in relation to skill set, age and gender structure, and potential
replacement requirements. It is constantly on the lookout for potential new iandidates that could enhance
BEA'S offering to the community.
Once an individual has been approached or has applied for the position they are invited to attend a meeting.
This ensLJres the potential new trustee can see exactly what is involved, if it is something they would like to be
involved with and if they can add to the 5trength5 of the current trustee5. It a150 mean5 the current trustee5 can
meet the potential new trustee to establish whether they would be a good addition to the committee.
After meeting the potential new trustee, the trustees may or may not decide to appoint him/her.
Indu¢tion and training of new trustees
All new Trustees are given a link to the government guidance 'Charity trustee.. what's involved ICC3al' prior to
their appointment and asked to confirm their eligibility prior to appointment as a trustee.
Related parties
Details of the related party transactions arè disclosed within Note 16 IRèlated Party DisclosLJrèsl.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
00171179 IEngland and Wales)
Registered Charity number
307529
Page 4

BEDFORD EDUCATIONAL ASSOCIATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
Registered office
Argent House
S Goldington Road
Bedford
Bedfordshire
MK40 3JY
Trustees
Mr5 L Cebula
Dr R H Oakley
Mrs C Saenger
Mrs N Reddy
Mr M D Rawlin50n FCCA CTA ACA
MrMDWard
Mrs L M Woodrow
Company Secrétary
Mr M D Rawlinson FCCA CTA ACA
Independent Examiner
MDG Business Associates Limited
Room 73 Wrest House
Wrest Park
Silsoe
Bedfordshire
MK454HR
Approved by order of the board of trustees on 21 April 2026 and signed on its behalf bw.
Mr M D Rawlinson FCCA CTA ACA- Trustee
Page S

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
BEDF
RDED
NALA
IATI
Independent examiner's report to the trustees of Bedford Educational Association I'the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31
August 2025.
Responsibilities and basis of report
As the charity's trustees of the Company land also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
I'the 2006 Act'l.
Havin
satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006
ct 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 I'the 2011 Act'l. In carrying out my
examination I have followed the Directions given by the Charity Commission under Sertion 145151 Ibl of the
2011 Act.
Independent examiner'5 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..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act.,
or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than
any reqLJirement that the accounts give a true and fair view which is not a matter considered as part of
an independent examination,. or
the accounts have not been prepared in accordance with the methods ènd principles of the Statement of
Recommended Practice for accounting and reporting by charitie5 lapplicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 10211.
I havè no concèrns and have comè across no othèr matters in connection with thè èxamination to which
attention should be drawn in this report in order to enable a proper understandin9 of the accounts to be
reached.
Victoria Moore FCCA
MDG Business Associates Limited
Room 73 Wrest House
Wrest Park
Silsoe
Bedfordshire
MK454HR
21 April 2026
Page 6

BEDFORD EDUCATIONAL ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
INCORPORATING AN INCOME AND EXPENDITURE ACCOUNTX
FOR THE YEAR ENDEO 31 AUGUST 2025
31.8.25
Unrestricted
fund5
31.8.24
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Investment income
Other income
Total
76,653
8.920
85.573
77,116
8,382
85,498
EXPENDITURE ON
Raising funds
8.963
8,425
Charitablè activities
School and educational institution grants
Tuition fees for individuals
67,849
7.904
57,166
15,504
Other
Total
6.100
90,816
6,615
87,710
Net gains/llossesl on investments
1811}
100,000
NET INCOME/{EXPENDITUREI
Other recognisèd gainslllosses)
Charity mèrger
Net movement in funds
{6,054)
97,788
45.126
39.072
97,788
RECONCILIATION OF FUNDS
Total funds brought forward
1.335.588
1,237,800
TOTAL FUNDS CARRIED FORWARD
1 374 660
1 335 588
The notes form part of these financial statements
Page 7

BEDFORD EDUCATIONAL ASSOCIATION
BALANCE SHEE
31 AUGUST 2025
31.8.25
Unrestricted
funds
31.8.24
Total
funds
Notes
FIXED ASSETS
Investment property
1.100.000
1,100,000
CURRENT ASSETS
Debtor5'. amounts falling due within one year 10
Investments
Prepayments and accrued income
Cash at bank
17,598
31,000
7.663
251.276
307.537
17,250
7,080
243,158
267,488
CREDITORS
Amounts falling due within one year
132.8771
131,9001
NET CURRENT ASSETS
274 660
235 588
TOTAL ASSETS LESS CURRENT LIABILITIES
1.374,660
1,335,588
NET ASSETS
FUNDS
Unrestricted funds
TOTAL FUNDS
1.374.660
1,335,588
14
1.374,660
1.374.660
1,335,588
1,335,588
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for
the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 August 2025 in accordance with Sèction 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
lal
ensuring that the charitable company keeps accounting records that comply with Sertions 386 and 387
of the Com
anies Act 2006 and
preparing
inancial statements which givè a true and fair view of thè state of affairs of the charitable
company a5 at the end of each financial year and of its surplu5 or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
Ibl
The notes form part of these financial statements
Page 8
continued...

BEDFORD EDUCATIONAL ASSOCIATION
NCE SHEET- contin
31 AUGUST 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 21 April 2026 and
were signed on its behalf by..
Mr M D Rawlinson FCCA CTA ACA- Trustee
The notes form part of these financial statements
Page 9

BEDFORD EDUCATIONAL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have
been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities..
Statement of Recommended Prartice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Èffectivè 1
January 20191,, as amended b Update Bulletin 2 published in October 2019. and the Companies Act
2006. The financial statements
ave been prepared under the historical c05t convention.
The financial statements of the charity have been prepared using the merger accounting basis in
accordance with Chapter 27 of the Charities SORP IFRS1021, as the criteria was met having acquired the
assets of a charity.
Income
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 bè measured reliably.
Investment income, such as interest is recognised on a straight-line basis over the relevant term at the
interest rate applicable. Where dividend income is receivable, this will be recognised when physically
paid to the charity's investment account.
Rental income from operating leases is Tecognised on a straight-line basis over the term of the ￿levant
lease unle55 the lease payments are structured to increase in line with expected general inflation in
which case the income is recognised as revenue in accordance with the expected payments. Where there
is a discounted period on the rental income, the rent is recognised on what is receivable in those periods
pre and post the discounted period. Any income received from the early termination of the lease, which
arises from the discounted period will be recognised in the year notice has been given. Rental income is
included under invèstment income.
Other income is reimbursed expenses charged on to the tenant in the period to which the expense
relates.
The charity relies upon Mrs L Cebula to attend to its day to day administrative affairs. The type of work
involved includes Inon-exhaustive li5tl'. Sending out grant application5, corresponding with the school5,
parents and other interested parties relating to the grant applicants and providing the other trustees
with the summaries of the prospective grants ready for general meetings.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable a
measured initially at fair value, net of transartion costs, and are measured subsequently at amortised
cost using the effective interest method, less any impairment.
Expenditure
Liabilities are rècognised as èxpenditure in thè Statemènt of Financial Activities as soon as therè is a legal
or constructive obligation comwitting the charity to that expenditure. it is probable that a transfer of
economic benefits will be required in settlement and the amount of the obli
ation can be measured
reliably. Expenditure is accounted for on an accruals basis and has been classi
led under headings that
aggregate all cost related to the category. Where costs cannot be directly attributed to particular
headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a
commitment but not accrued as expenditure.
Creditors
Short term creditors are measured at transaction price, less any impairment.
Page10
continued...

BEDFORD EDUCATIONAL ASSOCIATION
S TO THE FINANCIAL STATEMENTS- contin
FOR THE YEAR ENDED 31 AUGUST 2025
ACCOUNTING POLICIES - continued
Investment property
Investment property is held to earn renta15 and for capital appreciation. Investment property is shown at
most recent valuation. Investment property are initially measured at cost, including transaction costs.
Subsequently investment property is recorded at its fair value at each reporting date. Any aggregate
surplus or deficit arising from changes in fair value is recognised in the Ststement of Financial ActivitiÈs
and at each reporting date is transferred from the general fund to unrealised fair value investments fund.
Investment property is subject to valuation by the directors or by external valuers, determined on the fair
value basis using the market approach being based on market transactions involving similar assets.
Investments
Inve5tment5 are held to generate income or for their potential increase in value or both. These will be
treated as fixed asset investments. Fixed asset investments exclude those investments held specifically
for sale or those investments which the charity expects to realise within 12 months of the reporting date,
where they would be transferred to current assets.
Listed investments are a form of basic financial instrument and are initially recognised at their
transaction value and subsequently measured at their fair value as at the balance sheet date using the
closing quoted market price. The Statement of Financial Activities includes the net gains and losses
arising on revaluation and disposals throughout the year.
Taxalion
The charity 15 exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Impairment of non-financial assets
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each
balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash
generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds
its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a
fair value there the impairment loss is a fair value decrease.
Financial instruments
Financial instruments are classified and accounted for according to the substance of the contractual
arrangement as financial assets, financial liabilities or equity instruments. An equity instrument is any
contract that èvidences a residu21 interèst in the assèts of the entity after deducting all of its liabilities.
Provisions
Provisions are recognised when the charity has a legal or constructive obligation at the reporting date as
a result of a past event, it is probable that the charity will be required to settle the obligation and the
amount of the obligation can be reliably estimated.
Provisions are recognised at the best estimate of the amount required to settle the obligation at the
reporting date.
Page11
continued...

BEDFORD EDUCATIONAL ASSOCIATION
S TO THE FINANCIAL STATEMENTS- contin
FOR THE YEAR ENDED 31 AUGUST 2025
INVESTMENT INCOME
31.8.25
31.8.24
Rents received
Other fixed asset invest - Fll
Deposit account interest
68.528
222
7.903
76.653
67,600
9,516
77,116
OTHER INCOME
31.8.25
31.8.24
Reimbursed insurance costs
8.920
8,382
RAISING FUNDS
Investment management costs
31.8.25
31.8.24
Support C05t5
43
43
GRANTS PAYABLE
31.8.25
31.8.24
School and educational institution grants
Tuition fees for individuals
67.849
7.904
75.753
57,166
15,504
72,670
During the year the charity made material charitable donations to the following institutions..
31.8.25
31.8.24
Country Days Ltd
Booktastic
Beds Festival
Faces
Families United Network
Greenleas School
Lakeview Village Hall
Sharnbrook Primary
Food Etc
Heart Academy
Toddington St George C of E
Spiral Freerun CIC
Making Me
Bedford Creative Art5
Bedford Blues Foundation
Wixams Academy PTA
Woburn Lower School
Pyramid Schools Trust
Cotton End Forest School
Our Lady Immaculate Catholic Academy
3.000
5.000
1,250
6,000
3.000
3,000
1,250
6,000
3,000
8,000
1,500
4,500
1,200
4,890
8.482
10,000
4,320
5,000
5.000
1,500
9,000
3.360
2,667
2.000
Page12
continued...

BEDFORD EDUCATIONAL ASSOCIATION
S TO THE FINANCIAL STATEMENTS- contin
FOR THE YEAR ENDED 31 AUGUST 2025
GRANTS PAYABLE - continued
Edith Cavell
Livingstone Primary
Elizabeth Curtis Riding Centre
Others
3,000
5,000
6.000
3.000
67,849
2,696
S7,166
SUPPORT COSTS
Information
technology
Governance
costs
Finance
Totals
Investment management costs
Other resources expended
43
43
6.100
6.143
76
76
6,024
6.024
43
Support costs, included in the above, are as follows..
31.8.25
31.8.24
Investment
management
costs
Other
resources
expended
Total
activities
Total
activities
Licences
Website costs
Independent examination
Trustee meeting costs
Sundrie5
Accountanc
Professiona
43
43
76
1.032
506
43
76
996
553
76
1.032
506
and legal fees
ee5
2,064
2,378
6.100
2.064
2.378
6.143
1.056
3.900
6.658
43
INDEPENDENT EXAMINERS, REMUNERATION
31.8.25
31.8.24
Independent examination
1.032
996
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 August 2025 nor for the
year ended 31 August 2024.
Page13
continued...

BEDFORD EDUCATIONAL ASSOCIATION
S TO THE FINANCIAL STATEMENTS- contin
FOR THE YEAR ENDED 31 AUGUST 2025
INVESTMENT PROPERTY
FAIR VALUE
At 1 September 2024
and 31 August 2025
NET BOOK VALUE
At 31 August 2025
At 31 August 2024
1.100.000
1,100,000
1 100000
Operating lease of investment property
The charity ￿ntS out the investment propety under an operating lease. The lease expires on 31 July
2030.
The future minimum lease payments receivable for the properties up to the next break clause 131 July
20281 are as follows..
31.8.25
31.8.24
Amounts falling due within:
Within one year
Betweèn one and five years
More than five years
75,000
143,750
61,967
143,750
61,967
Fair value at 31 August 2025 is represented by:
Valuation in 2024
1100 000
The investment property was valued on an open market basis on 31 August 2024 by the trustees. The
trustees have considered the value of the property and the carrying fair value is not materially different
to thè current market value.
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.25
31.8.24
Deposit held
Page 14
continued...

BEDFORD EDUCATIONAL ASSOCIATION
S TO THE FINANCIAL STATEMENTS- contin
FOR THE YEAR ENDED 31 AUGUST 2025
CURRENT ASSET INVESTMENTS
31.8.25
31.8.24
Listed investments
31.000
The listed investments were received from the Alderman Newton's Educational Foundation are shown as
current assets, as it is the intention of the charity to dispose of these within the next 12 months of the
balance sheet date.
12.
CASH AT BANK
31.8.25
Total
fund5
31.8.24
Total
fund5
Bank account
Instant saver
Instant access
Bank fixed saver account
Bank 120 day notice account
Easy access account
Total
13.248
65.509
9,504
53,787
22,874
69,243
87,750
88.889
83.630
251.276
243,158
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.25
31.8.24
Trade creditors
Deposit held
Accrua15 and deferred income
3.652
17.598
11.627
32.877
3,411
17,250
11,239
31,900
14.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.8.25
At 1.9.24
Unrestrirted tunds
General fund
Unrealised fair value investments fund
1.235.588
100,000
1.335.588
1,335,588
39.883
(811)
39.072
39.072
1.275.471
99,189
1.374.660
1,374,660
TOTAL FUNDS
Page15
continued...

BEDFORD EDUCATIONAL ASSOCIATION
S TO THE FINANCIAL STATEMENTS- contin
FOR THE YEAR ENDED 31 AUGUST 2025
14.
MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrirted fund5
General fvnd
Unrealised fair value investments fund
85,573
(90,816)
45,126
39,883
85.S73
85,573
(90.816)
90.816
44.315
44.315
39.072
39.072
TOTAL FUNDS
Comparatives for movement in funds
Net
movement
in funds
Transfers
between
funds
At
31.8.24
At 1.9.23
Unre5trirted fund5
General fund
Unrealised fair value investments fund
1,237,800
97,788
1100,0001
100000
1,235,588
100000
1,335,588
1,335,588
1,237,800
1,237,800
97,788
97,788
TOTAL FUNDS
Comparative net movement in funds, included in the above are as follows=
Incoming
resource5
Resources
expended
Gains and
Ios5e5
Movement
in funds
Unrestricted funds
General fund
85,498
187,7101
100,000
97,788
TOTAL FUNDS
85,498
187,710
i 00,000
97,788
A current year 12 months and prior year 12 months combined position is as follows=
Net
movement
in funds
Transfers
between
funds
At
31.8.25
At 1.9.23
Unrestrirted funds
General fund
Unrealised fair value investments fund
1,237,800
137,671
18111
136,860
136860
1100,0001
100,000
1,275,471
99,189
1,374,660
1374 660
1,237,800
1 237 800
TOTAL FUNDS
Page16
continued...

BEDFORD EDUCATIONAL ASSOCIATION
S TO THE FINANCIAL STATEMENTS- contin
FOR THE YEAR ENDED 31 AUGUST 2025
14.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the
above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unre5trirted fund5
General fund
Unrealised fair value investments fund
171,071
1178,5261
145,126
18111
144,315
137.671
18111
136,860
136860
171,071
171071
1178,5261
178526
TOTAL FUNDS
On 25 July 2025 the Alderman Newton's Educational Foundation ceased its charitable activities and
transferred £45,126 to the charity. This amount is shown in net movements in fund5 and consisted of
cash of £13,537, investments of £31,589 and the net movement of the overall funds in the year of the
charity of £6,054.
The funds received are all unrestricted funds, as the charities had similar objectives to one another.
OTHER FINANCIAL COMMITMENTS
At the balance sheet date the charity has committed to making donations of £nil 12024.. £nill when the
recipients reach a certain threshold.
16. RELATED PARTY DISCLOSURES
Mr M Rawlinson
A trustee and company secretary of the charity and is also a partner of Rawlinson Pryde & Partners
IRPPI.
RPP invoiced the charity £1,056 gross12024.. £1,020) in order to prepare the statutory accounts prior to
independent examination. In addition RPP charged the charity £7212024.. £nill to courier title deeds, as
less expensive option to what was being quoted by external providers. There were no amoLJnts due from
the charity as at the balance sheet date.
The trustee was also reimbursed £50612024.. £341 for expenses relating to charitable expenditure.
Mrs L Cebula
A trustee of the charity was ieimbursed £1012024: £5531 for expenses relating to charitsble expenditure.
Page17
continued...

BEDFORD EDUCATIONAL ASSOCIATION
S TO THE FINANCIAL STATEMENTS- contin
FOR THE YEAR ENDED 31 AUGUST 2025
COMPANY LIMITED BY GUARANTEE
The compan
were 7 mem
is limited b
ers as at 31
guarantee, as a consequence the members liability is limited to £10. There
ugust 202512024: 71.
Page 18

BEDFORD EDUCATIONAL ASSOCIATION
AILED STATEMENT OF FINANCIAL AcfiviTIE
FOR THE YEAR ENDED 31 AUGUST 2025
31.8.25
31.8.24
INCOME AND ENDOWMENTS
Investment income
Rents received
Other fixèd asset invest - Fll
Deposit account interest
68.528
222
67,600
76.653
77,116
Other income
Reimbursed insurance costs
Total incoming resources
8,920
85.573
8,382
85,498
EXPENDITURE
Raising donations and legacies
Insurance
8.920
8,382
Charitable activitie5
School and educational service provider
grants
Grants to individuals
67.849
7.904
75,753
57,166
15,504
72,670
Support costs
Finance
Licences
43
43
Information technology
Website costs
76
76
Governance ¢osts
Independent examinatio
Trustee meeting costs
Sundries
Accountancy and legal fees
Professional fees
1,032
506
996
553
34
1,056
3,900
6,539
2.064
2.378
6.024
Total rèsources expènded
Net expenditure before gains and losses
15,2431
12,2121
Unrealised recognised gains/lossès
Carried forward
15,2431
12,2121
This page does not form part of the statutory financial statements
Page 19

BEDFORD EDUCATIONAL ASSOCIATION
AILED STATEMENT OF FINANCIAL AcfiviTIE
FOR THE YEAR ENDED 31 AUGUST 2025
31.8.25
31.8.24
Unreali5ed recognised gains/losses
Brought forward
Unrealised gains/llossesl on investment
property
Net (expenditurel/in¢ome
{5,2431
18111
16.0541
12,2121
100,000
97,788
This page does not form part of the statutory financial statements
Page 20