REGISTERED COMPANY MJMBER: 00472354 (England a#d Waks)
REGISTERED CHARITY NUMBER: 312526
REPORT OF THE
USTEES AND
NAUDITED FINAN
STAT
ENTS
FOR THE
ENDED
EPTE
ER 202
FOR
C B He51op knl CompaDy Limited
Chartered Accountants
l High Streel
Thatcham
RG193JG
C.B. HESLOP & Co. Ltd.,
Ch#rt¢red Accountsnts

THE SCHOOL JOURNEY ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS
P*ge
Report of the Trustees
Independefftt Examlner'$ Report
Statement of Flnanclal A¢tiviti
Balante Sheet
C#sh Flow Ststcment
Notes lo Ihe Cash Flow StstemeDt
Notes ¢0 ¢be Finaneial St#tem¢nts
10 to 17
Detailed S¢ateJn¢ll¢ ofFIMncl#l Activitles
18 to 19

THE SCHOOL JOURNEY ASSOCIATION
REPORT OF THE TRUSTEES
roT the
Tar ended 30 SEPTEMBER 2025
The trustees WIK) are also dir¢¢tors of the charity for the purposes of the Companies Act 2006, present their report with
the fmancial statements of the charity for the y¢aT ended 30 September 2025. Th¢ trustees have adopted the provisions
of Arcounting and Reporting by Charities: Statement of Recommended Prartice applicable to chariti¢$ preparing th¢ir
accounts in accordan¢¢ with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)
(effective l January 2019).
OWECTIVES AND ACTivrriES
Objectives and aims
The charity exists to promot¢ and organis¢ educational travel for children of school age and other young people both
able-bodied and with disability. When ¢hildren are offered the opportunity of matching the currieulum to the real world
through r￿St hand leming experience& it enriches their liv¢5, encourages personal development and helps them achieve
a greater sense of independence. These objects are achieved by arranging s¢hool joumeys of an educational character in
the UK and overseas and awarding grauts OT subsidies to pupils who are in need of fmancial assistance io enable them to
take part in su¢h journeys.
SigDifieant aetlvltles
The strategie5 employed to achieve the Charity's aims and objectives are..
To offer opportunities to a broad range of pupils to experience the advantag¢s of educationaltraY¢l.
To provide fijnds to &gsÉst children in need to take part in edu¢alional visits.
To bring promotional offeTS available to schools to the attention of teachers.
To produce educational literahjre irt the forni of a webpage wTrd onlille brochure.
The principal activity of the association throughout the year under review has been solely based on thes¢ objectives. In
shaping the objectives for the year. the t￿￿teeS have consider¢d the Charity Commission's guidance on public benefit.
ACHIEVEMENTS AND PERFORMANCE
Charitable aelivities
During the 24-25 Academic yegr. SJA contiftued to quote for and provide educational tours b¥Jt numbers of toiirs Temain
r¢duced. We are working at aPPToximately 5(P/o of pre-covid Ca￿lty and this seems to be the trend going forward.
There are many reasons. all out of our control. for this downturn in business that have been outlined in previows years.
Unfortunat¢ly, the climate remains far from optimal.
Despite these operniional diificlllties. 26 school trips did tAke place and 47 children were gtv¢n a5Si5tance with fundin&
SJA also maintained the £50 support for 183 children on Free School M¢als. The total financial support to children
during 2024-25 was £13,850.00.
Staff continue to work reduced hours and while th¢ number ofuK and Isle of Wight tours Continue to fall, European and
Overstts enqlliries have risen. Unfortunately, many schools making enquirie5 do nor proceed to make fiTh bookings.
Staff have invested ti]nt in following up the reasons for thi5 r¢luctaDce to commit to a booking and usually it comes
to cost. We ar¢ still pricing competitively how¢ver, of our competitors have the benefit of economies of
scale or ￿aY own their own accommodation ¢tc. which affords them the benefit of much more flexibiliry when pricing
That sai(L even ihese companies w¢ feeling the negauve impact of a contracting market. We haw¢, this year. incurred a
rinancial loss atier booking accommodation with one competitor which has now gone out of business. We are exploring
the po&%ibility ofs¢eking some reCoM￿nst but are not hopeful. Sadly, this rnrn of events provides a fiwther indication
ofthe way the is goin&
The board h&$ invested rnore heavily this year in marketing.. we have reworded our websitc with the aim of us
ore readily accessible to internet search engines and have refreshed our website. We have advertised in all th¢ usual
educational magazines but fttl mosi busi￿$ comes our way via our website. This conclusion will illfonn our decisions
regarding advertising nexi year.
On a more posilive note. rentals from 50 CAvendish Road have increased. Although there has been a r¢quirement to
acquire a Landlord's Ltcence for each of the flats, with the in¢vitabl¢ costs involved. and vaTiOUS maintenallce work h&8
been canied out we have still made a nei fmancial gain of £60,986.00 which has support¢d the rw]ning of the busin¢5S
and has enabled us to mc¢t our charitable airn5 and objectives.
Page I

THE SCHOOL JOURNEY ASSOCIATION
REPORT OF THE TRUSTEES
ror the ear ended 30 SEPTLMBER 2025
FINANCIAL REVIEW
Financial positio
The results for the year and finaneial position of the Associaiion are as shown in the annexed financial statements.
Although there was a n¢t d¢ficii for the year. the chaTity ha5 sufficient reseryes, as detailed below, lo allow it io continue
its activities.
The rental income remained steady and is Jvailable to subsidise the support cosis ]￿u￿¢d in management and
administration attributable to the tours organised by the Associalion.
Investment p&lley and objectives
The Board has Co￿11dered th¢ most appropriate policy for investment of funds. Now that the conversion of the
Association's propety has been finaliscd, th¢ rental income is availabl¢ to subsidise support Co$￿ The CUJTent policy of
pnjdent investsneni with availability for future needs continues.
Reserves policy
The B(wd has established & policy for the pwdent investment of funds not ¢ommitted or invested in tangible fixed
assets. Income generated by such investh)ent is utilised io miti¥al¢ the annual costs of governance of the Association and
support and adrninisirdtion costs in r¢5P¢Ct of its charitable adiYitie5. The gencral reserve Cu￿entlY stand% at £1,014,428
and at thi5 level the Board feels thai it can continu¢ the activities of the charity. It would be necessary to review the
situation should School travel continu¢ lo decline. The reserve is available for use at the diKtetion of the tr￿￿te¢S in
ftlltheran¢e of the general objediv¢s of the chariry and do¢s not contain any restricted or desigtiated atnounts. The fair
value Te5etrye of £1,487.879 Telates io the valu&iion of propety io fair wdlue.
FUTURE PLANS
Going fonvar<L the board 15 examining our financial situation closely and care￿IlY consldeting 5UStainability. To that
end. Truste¢s are arniing themselves with as much inforniation as possible with r¢gard io business rumiing costs and
way5 to best continue to meet our Primary aim which is to provide financial support where needed to enable pupils to
enjoy and benefit from th¢ adventure and life exp¢riences gained by a¢¢¢5sing learningi outside the classroom.
STRUCTUR4 GOVERNANCE AND MANAGEMENT
GovtniiDg document
The School Journey knociation is govern¢d by its Memorandum and Article5 of association and constitutes a limited
company. li]Dil¢d by guarantee. as defmed by the Companies Act 2006. It is registered as a Charity with the Charity
Comrnission number 312526.
There is a Board of man￿¢￿enE whose Members tsch agree to contribute £1 0.00 in the event of the Charity winding
up.
Ref rui¢meDt and 8ppoinlment of Dew trnstees
As set wilhin the Articles of Association, the Trustees of the Association are elected on the recomrnendation of serving
Tr￿$tees. The Tn￿leeS are elecied annually at the AGM in March and serve for a period of up to thre¢ y¢ars. The
Trustees are recrnited frorn the members of serving and retired teachers. Th¢ Board has regard to th¢ requirements for
any specialist gkills needed when considering co-opting trnstees.
Organisatlonal structure
The activities outlined above are administered from the Association's otTice at Units 2&3, 16 Porteus Place, tK)ndo
SW4 OAS, which is sraffed with tour administraiive consultants and accounts personnel, who forni the paid Secretariat.
The Board of Trustces, Mthich can have up to ten members, not including Co4)ptions. administers the Charity. The
Trusttts of the Association are also Directors of the Company and meet monthly. The Secretary and the Treasurer are
apw)inted by the Trustees to Tnanage the day to day operations of the charity. At 30 Sepiember 2024. the Board of
Management consisted of six members who were ljoth the directors of the Company and trustees of the charity. Th¢
Board is restxjnsible for directing the ac¢ivities of the company as well as promoting the aims and objectives of the
charity
Induetion and tr41Ding of new trn$te¢$
Prospeciive New Trusttts are briefed on their obligations under Clwities and Companie5 Law including the contents of
the Memorandum and Arti¢l¢s of Association, the decision making PTo¢esses and future business plans. Trustees are
enwuraged lo attend appropriate external training events.
Page 2

THE SCHOOL JOURNEY ASSOCIATION
REPORT OF THE TRUSTEES
foy the *#r eThded 30 SEFfEMBER 2025
STRucfuRE, COVERNANCE AND MANAGEMENT
Key managemenl r¢muneration
No tryste¢ received remuneration in the year. DetaTls of thjstees, expenses reirnbursed are disclosed ill Dole 9 to the
financial statements. The PLY of the staff is reviewed am]ually by the Board and norn)ally iDcreas¢d in line with average
earnings. All increases are agreed by the Board.
Risk management
The trnstees have a duty to identify and review the risks to which the charity is exwsed and to ensure appropriate
controls are in place to provide reasonable assurante against fraud and e￿Or. The charity's clienl safety tM)licy and
emergency procedures are reviewed annually in th¢ light of new experiences involving risk assessments. The company
adheres to the ABTA ctNJ¢ of ¢ondud for the travel industy and abides by the conditions applying to an ATOL licence
according to the rul¢s promulgated by the Civil Aviation Authority. The Board has conduct¢d ils owi review of thher
rnajor risks to Htiich the chariry is ¢xpos¢d and $ySten￿ have been established to mitigate those risks. A specialist
mpany has been r¢tained to advise as and when required matters of industrial relations regarding the charitys
employees and on health and safety requirements. Financial risk is considered to be prudently managed by the
establishment of a rese￿eS policy as olltlined above.
REFERENCE AND ADMIMsfRATIVE DETAILS
Reglstered CompAny number
00472354 IEngland and Wales)
Reglstered Chsrity Duwber
312526
Registered office
Units2&3
16 Porteus Place
IATrndon
SW4 OAS
Trustees
T Lee Honorary Trnstee
I L Morgan Honorary Secretary
V Lee Honordry Treasurer
I Beard Hon(w Trust¢e
C L Cha]k Honorary Thstee
N M Saunders HoThirary Chair
Cornpany Secretary
l L Morgan
IDdependertt Eiarniner
C B Heslop And C(Mnp4lly Limited
Chartered Arxountant5
l High Street
Thatcham
Berks
RG19 3JG
Bankers
National Westminster Bank PIC
Bloomsbury Parfs Branch
214 High Holborn
LONDON
WCIV 7BX
Page 3

THE SCHOOL JOURNEY ASSOCJATION
REPORT OF THE TRUSTF.ES
ear ended 30 SEPTE
ER 202S
REFERENCE AND ADMINISTrATIVE DETAJLS
Solicitors
VEALE WASBROUGH VIZARDS
Balllards 1]
86 Fetter Lane
LONDON
EC4A IAD
This r¢port has b¢en prepared in accordance with the special provisions of Part 15 vf the Companies Act 2006 Telating
to small compani¢s.
Approved by order of th¢ board of trjstees on ............................................. and signed OD tts behalf by:
lorgan. Secreta
Page 4

II¥DEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE SCHOOL JOURNEY ASSOCIATION
Independent ￿￿￿1￿cT,5 report to the Irustees of Tht S¢bool Journey Associatlon ('tht Company,)
I report ¢0 ihe charity truslees on my examination of the accounts of the Company for the year ¢nded
30 September 2025.
Re5pon5ibilities #nd b#si% of report
As the charitys twstees of the Company (and also its director5 for the purposes of company law) you aTe responsible for
the prepardtion of the accounts in a¢cordance with the reqvirements of the Companies Act 2006 ('the 2006 Adl.
Having satisfied myself that the a¢¢ount$ of the Company are not required to b¢ audited under Part 16 of the 2(M)6 Act
and are eligible for independent examination, I report in respect of my examination of your clwity's a¢¢ounts as ¢WTied
out under Section 145 of the Charities A¢t 2011 {'the 2011 Act,). In carrying out n]y ¢xarnination I have followed t
Directions given by the Charity Cornmission under Section 145(5) (b) of the 2011 Act.
Independent examiner's ststemertt
Since your charitys gross income exceeded £250,000 your examiDer must be a member of a list¢d body. I can confirni
that l am qualified to undertake the examination because l am a member of th¢ InStt￿le of Chartered Accountants in
England and Wales, which is one of the listed bodies.
I have comple¢ed my eXamIn￿oll. l confm ihat no matteTS have come to my attention in cOnn￿tIon with the
examination giving me Cause io 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 ¥¢(Trrd with those records" or
the accounls do Dot conjply with the accoL￿ting requirements of Section 396 of the 2006 Act other than any
requiremeni thal the aceounts give a trne and faiT view which is mot a matter considered as part of att independenl
examinaiion: or
the accounts have not been prepared in a¢¢ordance with the methods and principles of the StatemeDt of
Recommended Praciiee for a¢¢ounting and reporting by Charities (appli¢able to charities prepaTing th¢iI accounts
in accordance with the Financial Re￿rtIng Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no conC￿S and have come acros$ no other matters in comiedion with the examination lo which attention should
be drawn in tbis report in order to enable a proper undeTStanding of the accounts to be reach¢d.
Stephen J. Co
C B Heslop And Company Lirnit¢d
CharteTed A¢countants
l High Street
Thatcham
Berks
RG193JG
Date..
Page 5

THE SCHOOL JOURD4EY ASSOCIATION
STA TEMENT OF FINANCIAL ACTIVITIES
RATING AN IN
OME AND EXPENDITURE A
BER2
OUNT
30.9.25
30.9.24
Fair
value
reserv¢
Unre$tri¢t¢d
fimd
Total
funds
Total
fimds
Not¢5
INCOME AND ENDOWMENTS FROM
Charitablt #ctivities
Income from tours
441,650
441,650
383,495
Investment in¢om¢
73.116
73,116
68,635
Totsl
514.766
514,766
452,130
EXPENDITURE ON
Charitable aclivitres
Tour and accommodation costs
Support costs
Fundraising and publicity
Grants to deserving cases
392,121
126,997
5,994
13.850
392.121
126,997
5.994
13,850
331,596
133,726
5,429
13,864
Tolal
538,962
538.962
484.615
NET IP4COMEI{EXPENDITURE)
(24.196)
(24,196)
{32,485)
RECOIYCILIATION OF FUNDS
Total funds brought forward
1.038,624
.487,879
2,526,503
2,558,988
TOTAL FUNDS CARRIED FORWARD
1,014,428
1,487,879
2,502,307
2.526.503
CONTINUING OPERATIONS
All income and exp¢nd1tU￿ has atisen from continuing activities.
The notes fonn part of these financial statem¢nt$
Page 6

THE SCHOOL JOURNEY ASSOCIATION
BALANCE SJIEET
SEFfEMBER 2025
30.9.25
30.9.24
Fair
value
Unrestricted
fund
Total
funds
Total
funds
Notes
FIXED ASSETS
Tangible assets
12
789.325
1.487,878
2277203
2279.89]
CURRENT ASSETS
Debtors
Cash at bank and ill hand
13
59,442
225,760
59,442
225,760
49.810
242,017
285202
285,202
291,827
CREDITORS
Amounts falling du¢ within one year
14
(60,099)
(60,098)
{45215)
NET CURRENT ASSETS
225.103
225,104
246,612
TOTAL ASSETS LESS CURRENT
LIABILITIES
,014,428
1,487.879
2,502,307
2.526.503
NET ASSETS
.014.428
1.487,879
2,502,307
2,526.503
Fuf4DS
Unrestricted funds
15
2,502,307
2,526,503
TOTAL FUNDS
2.502,307
2,526,503
The charitable company 1$ entitled to exemption from audit w)d¢r Section 477 of the Comp4llie$ Act 2006 for the year
ended 30 September 2025.
The members have not required the wrnpany to obtain an audit of its fmancial statetnents for the year ended
30 September 2025 in accordance with Sectioll 476 of th¢ Companies Acl 2006.
The tThstees acknowledge their r¢swn5ibilities for
(a)
ensuring that the charitable company keeps #c¢ounting records that C4)mpty with Sections 386 and 387 of the
Cornpani¢s Act 2006 and
preparing financial statern¢nts wbith give a trne and fair VI￿ of the state of affairs of the charitable company as
at the end of each f]nan¢ial year and of ils surplus OT deficit for each fmancial year in accordance with the
requirejnents of Sections 394 and 395 and which otherwise comply with the requirements of the Companies A¢t
2006 relating to fmancial statemenw so far as applicable to the charitable company.
(bl
These fjnancial statem¢nts have been pretAred in accordane¢ with the provisions appli¢able to ciwitable companie5
subje¢t to the small compaDie5 regime.
cial stllietnents were approved by the Board of Trustees and authoris¢d for issue
. and were signed on its behalf by:
on
N M Saunders. Tnwe¢
The not¢s forn) part of these financial statements
Pag¢ 7

THE SCHOOL JOURNEY ASSOCIATION
CASH FLOW STATEMENT
lor the
ear ended 30 SEPTEMBER 2025
30.9.25
30.9.24
Notes
CAsh flows from operating aetivitie
Cash generated from operatllm5
Finance costs paid
(28,387)
(46,692)
(392)
Net cash used in operating activitie5
(28J87)
(47,084)
Cash nows from investlng actlvltl¢s
Purchase of tangible fL¥ed ass¢ts
Interest received
(8,OOOJ
10,164
12.130
Net cash provided by investing activities
12,130
2.164
ChI￿ge in cash and cash equlvalents i
the reporting period
Cash cash equlvaknt$ At the
beglnnlng of the reporting perlod
{16,257)
(44.920)
242,017
286.937
Cash and ￿5h equivaknts at the end of
tbe reporting perlod
225,760
242,017
Th¢ notes forni part of these fillancial statements
Page 8

THE SCHOOL JOURNEY ASSOCIATION
NOTES TO THE CASH FLOW ST ATEMENT
for th¢
tar ended 30 SEPTEMBER 2025
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
AcllvITIES
30.9.25
30.9.24
Net ￿pendIture for Ihe reportiDg period (as per the Statement ol
Financial A¢tivities)
djustments for:
Depreciation ¢h¥rg¢5
Enterest received
Finance costs
Increa5¢ in debtors
Increase in creditors
(24,196)
(32.485)
2.688
(12,130)
2.565
(10,164)
392
(9,446)
2,446
(9,632)
14,883
Net ¢ash Msed In operali•n5
(28,387)
(46,692}
ANALYSIS OF CHANGES IN NET FUNDS
At 1.10.24
Cath flow
At 30.9.25
Net cash
Cash at bomk and in hand
242,017
(16,257)
225.760
242,017
(16,257)
225,760
Tolal
242,017
(16,257)
225,700
The notes forni part of these finan¢ial statements
Page 9

THE SCHOOL JOURNEY ASSOCIATION
NOTES TO THE FINANCIAL sTATEMEr￿s
for the
ar ended 30 SEPTEMBER 2025
STATUTORY INFORMATION
The School Journey Association is a charity. limited by guarantee, regisiered in England and Wales. Th¢
tharity's registered number is 312526. The registered company number and registered oifice address can be
found in the Teference and athninistrative details in the Teport of the tjustees. In the event of the Associatii)n
being wowid up each person. who ai that time 15 a member or has ce&%ed to be a member within one y¢ar> IS
liable to contribute to the A$50cialion such amount as the Association may require, not exceeding ten wunds.
The presentstion currency of the financial statements is the Pound Sterling (£).
ACCOUNTING POLICIFS
Basls of prepariDg the fJn*nei#l 5tatem¢Dt
Th¢ financial State￿entS of the charitable company, whi¢h is a public benefii entity LmdeT FRS 102, have been
prepared in a￿ordanCe with the Charilies SORP (FRS 102) 'Accouniin¥ and Reporting by Charities.. Siat¢m¢nt
of lirfommended Practice applicable to charities preparing their ac¢ount5 in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Irelamd (FRS 102) (effedive l January 2015),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
tr¢land' and the Companies A¢t 2006. The fjnancial statements have been prepared under the higtorical cost
convention as mcdifi¢d by the revaluation of certain assets.
lThcome
All income ts recognised net of VAT in the Siatemenl of Financial Activitie5 once the ¢harity has entitlement to
Ihe fuTKis. it is probable that the income will be received amd the amount can be measured reliably. Incoine from
Iours represents ¢harge$ made for the Association's activities of organising educational tour5. This income is
defe￿¢0 uniil such tin]e &$ the tour has taken plac¢ and then recognised as illwm¢.
Expendtture
Liabilities aTe recognised as ex￿ljd11ur¢ as soon as there is a legal or constTUCtive obligation wmmitting the
charity to that expendItL￿e, it is probable tbat a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expendilure is a¢￿Unted for on an accruals bagis and has
be£n classified under beadings that aggregate all cost relat¢d to the ¢aiegory. Where COSLS ca]]no¢ ￿ directly
attributed to particular headings they have been allo￿tea to a¢tivities on a b&8is consistent the use of
Tow and accommodation wsts represent the direct costs of providing educarional iours. Support cost5 represent
costs iDcurr¢d ITh resP￿t ofmanagement and athninistration allocated io activities on a basis consiment with the
U5¢ of resources. Other than to award grnnts to those in need of financial assistance the charitys principal
haritable aclivity is to subs'idis¢ the costs of the educational tours it provides forthose who parti¢ipate.
Grant$ offered subject 10 condiiions whi¢h have noi been met at the year end date are noted as a commitillent bllt
not accrued as expendiiure.
Allocatkjn 4nd apportionmenl ofeosts
All costs are allocated between the expenditure &itegwies of the SOFA on a basis designed to r¢flect the use of
the resource. Costs relating to & particular activiry are allOc￿ed directly. Support Costs, including wages, office
expenses and governance costs are allO￿ted on an appropriate basis as set out in note 8.
Tanglble flxed
Depreciation is provided at the following annual rates in order to WTit¢ off office equipment and fiwniture oyer
their estimated useful livcy. The freehold property is held as investment property. Freehold and long leasehold
pn)perty are carried at valuation with periodic adjustments taken to fair value reserve. Both are subject to annual
impainn¢nt T¢view.
Office equipment . I on cost.
Furniture, Fixtures and Fittings.. 2.SO/* & 20Y• on cost
Taxation
The charity is exempt frorn ¢oFporation tax on lis ¢hariiable activities.
Page 10
continued...

THE SCHOOL JOURNEY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- eollliDlled
for the ear ended 30 SEwfEMBER 2025
ACCOUNTING POLICIES- ¢onllnued
FuDd *¢¢ountlng
Unrestricted fijnds can b¢ used in accordance with the charitable objectives at th¢ discretion of the trustees. All
the a¢tiviti¢s of the chaxity forni part of ihe General fund.
Further explanation of the nature and pll￿￿e of each fund is included in the notes lo the f]nancial statetnents.
Forelgn Currencie5
Assets and liabilities in foreign currencies are translated illto sterling at the rates of ¢xrhaDge ruling at ihe
balance sheet dat¢. Transactions in foreign currenci¢s are translated into sterling at the rate of exchange ruling al
the date of tromsacti¢)n. Exchange diffeTences are tsken Ènto account in a￿1ving at the opernting r¢sult.
Creditor5 provisions
Cr¢ditiJrs and provisions are recognised where the charity has a present obligation resuliing frorn a past event
that will probably result in the transfer of ￿ndS to a third party and the amount due to settle the obligation can be
measurod or estimated reliably. Creditors and provisions are nonnally recognised ot ¢h¢ir settlement amowit after
allowing for any trade discounts due.
INVEsfMENT INCOME
30.9.25
30.9.24
Rents received
Deposit a¢count interest
60,986
12,130
58,471
10.164
73,116
68,635
INCOME FROM CHARITABLE ACTIVITIES
30.9.25
30.9.24
Activity
Income from tours
Income from tours
Inrom¢ from tours
Income from tours
Income from tours
In¢om¢ from tours
Jllcome from tours
FTwir
Homeland
Activity trips
Day trips
Isle of Wight
Spain
Jtaly
140,510
153,964
518
92,930
127,IM5
26.484
7,250
86,000
43.786
83.164
47,976
15,518
441,650
383.495
Page 11
continued...

THE SCHOOL JOURNEY ASSOCIATION
NOTES TO THF. FINANCIAL STATEMENTS- coThlinued
for the ear emded 30 SF.PTEMBER 2025
CHARITABLE A￿1vITIEs COSTS
Costs for the year ended 30th September 2025 are sp]it as follows..
Grant funding
of activities
Support ¢osts
(See no¢¢ 6) (See note 7)
Ditect costs
TotAIs
Tours and a¢conllnodation costs
Support costs
Fundraising and publicity
Grants lo deserving cws
392.121
91.571
5.994
392.121
126,997
5.994
13.850
35,426
13.850
489.686
13.850
35,426
538,962
GRANTS PAYABI
30.9.25
30.924
Grants to d¢￿rVing cases
13,850
13,864
Grdnts to deserving cases consists of gran15 made to help individual ehildren from disadvantaged families or with
special needs to participate in the tours.
SUPPORT COSTS
Supp¢)rt costs ftir the year ended 30th S¢ptemb¢r 2025 are split as follows:
Co$ts
attributable to Governance
other income
osts
Basis of
Totsl apwrtiomnent
Direct costs
Staff costs
Communications. printing.
stationery and publicity
56269
2,382
2,41)0 58.669 Estimated staff time
63
2,508 Esiimated staff time
63
Amount relating to
11.708 fiats
619
6,186 Estimaied staff lime
900 12,289 Invoic
3,631
3,631 Govemancc
9,777
9,777 Gov¢rnan¢¢
Gov¢mance
2.688 Amount relating to
flats, eglimat¢d staff
time
489 19.541 Esti]nated staff time
Propety management
Repairs and miintenance
InsUra￿ceS
Trustees, expenses
Accountancy
Inieresi paid
D¢pr￿lai10n
11,708
619
4,8118
4,948
6,501
2,419
269
Cleaning and sundries
19,052
91.571
17278
18.148 126.997
Pag¢ 12
continued...

THE SCHOOL JOURNEY ASSOCIATION
NOTES TO THE FINANCIAL ST ATF.MENTS- Contin￿ed
for the
ear ended 30 SEPTEMBER 2025
IYET INCOMEI(EXPENDITURE)
Net incom&(expenditure) is stated after charging(crediting).'
30.9.25
30.9.24
Depreciation- ovm¢d us¢ls
2,688
2,565
TRUSTELS, REMUNERATION AND BENEFITS
There were no trusl¢es' remuneration or other benefits for the year ended 30 September 2025 nor for the ye
ended 30 September 2024.
Tru5tees' expenses
Trdvel and other out of pocket expenses in p¢rftsnDance of their duties, amounting to £3.355 (2024 - £3,089)
were reimbursed to 5 (2024 - 5) m•nbers of the Board of Manasement.
io.
STAFF COSTS
30.9.25
30.9.24
Wages and 5alaTi¢S
58,669
57,313
58,669
57,313
Th¢ av¢rage monthty number of employees during ihe year was as follows:
30.9.25
30.9.24
Managem¢nt administration
No eEnployees received emolunwits in excess of£60,(KJO.
ii.
COMPARATIVES FOR THE SFATEMENT OF Fif4ANCIAL ACTIVITIFS
UnreslTiCted
nd
value
Total
fund5
INCOME AND ENDOWMEKfs FROM
Charitabl¢ activities
Inwme froin tours
383.495
383.495
Investrnent inwme
68.635
68,635
Totsl
452,130
452,130
EXPENDITURE ON
Charitable aetivities
Tour and accornmodation costs
Support costs
Fundraising and publicity
Grdnts to deserving c&gts
331,596
133,720
5.429
13,864
331,596
133,726
5.429
13,864
Total
484,615
484.615
Page 13
continued...

THE SCHOOL JOURNEY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- co
for the
'ear ended 30 SEPTEMBER 2025
ii.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfIviTIES- eontlnued
Fair
value
reserve
Unrestricted
fund
Total
funds
NET INCOME/{EXPENDITURE)
(32,485}
(32,485)
RECONCILIATION OF FUNDS
Tothl fvnds broughi forward
1.071,109
1,487,879
2,558,988
TOTAL FUNDS CARRtED FORWARD
.038.624
1,487,879
2,526.503
11 TANGIBLE FIXED ASSETS
Fixtures
and
fjttings
Freehold
Long
le&sehold
oirice
equipmen¢
Totals
COST
At l October 2024 and
30 September 2025
1,598,000
610.000
115281
,639
2.331,920
DEPRECIATION
At l October 2024
Charge for year
44,012
2,453
8,017
235
52,029
2,688
At 30 septern￿r 2025
46,465
8.252
54,717
NET BOOK VALUE
At 30 September 2025
1,598,(M)O
610,000
68,816
387
2277,203
At 30 septeM￿r 2024
1,598,000
610,000
71,269
622
2279,891
Cost or valuation at 30 September 2025 is represented by..
Freehold
prope
Long
leas¢hold
Office
equipment
Fumviure
Totals
Valuation in 21N)8
Valuation in 2013
Valuation in 2017
V#lualion in 2022
Cost
329,778
232.500
705,812
410,000
389,910
329,778
232,500
705,812
197.21i
866,017
257.213
352,787
8,639
115,281
1,598,000
610.0(X)
8,639
1 15.281
2,33 1,920
If freehold propety had not been revalued it would have beeu included at the following historical rost..
30.9.25
30.9.24
Cost
389,910
389,910
Freehold property was valued on An open maTk¢t basi5 on 23 Novemkr 2021 by Kinleigh Fo]kard & HaywaTd.
Pag¢ 14
conlithued..

THE SCHOOL JOURNEY A&SOCIATION
TrIOTES TO THE FINANCIAL STATEMENTS- coMtiRued
for the
ear ended 30 SEPTEMBER 2025
12.
TANGIBLE FIXED ASSETS- eontinued
If long l¢asehold propety had not been revalued it would have been in¢luded * the following historical Co￿,.
30.9.25
30.9.24
Cost
352,787
352,787
Long leasehold property was valued on an open m4Tket basi5 on 10 November 2021 by Kinleigh Fo]kard &
Hayward.
Thesc ¢hang¢s in value on revaluaiion to fair value have been credited io the fair value reserve.
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.25
30.9.24
Trade debtOTS
Other debtors
VAT
PrepayTnellts and accrued income
12,200
13.680
3,370
30,192
13,480
8,062
28,268
59,442
49,810
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.25
30.9.24
Pa)ryn¢nts received on account
Social security and othct taxes
Creditors for lours & acconun
Other creditors
Accnjed expenses
33,8(N)
649
10,822
4,845
9,982
26,114
934
5.214
2,977
9,976
60,098
45,215
Payments received on account comprise5 amounts received for lours that are due to take place afier 30th
September 2025.
Balance as at l Oc(ober 2024
ILmount released to in¢ome earned from charitable &ctiVilies
Amount deferred in year
26.114
(26,114}
33,800
Balance as at 30 SeptemF*r 2025
33,800
Pag¢ 15
continued...

THE SCHOOL JOURNEY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- eontlthued
for the 'ear ended 30 SEpfEMBER 2025
15.
MOVEMENT IN FUNDS
At
1.10.24
movement
in funds
At
30.9.25
Unrestricted funds
General fimd
Fair value resuve
1,038,624
1,487,879
(24.196)
1.014.428
,487.879
2.526,503
(24.196)
2,502,307
TOTAL FUNDS
2.526,503
(24,196)
2,502,307
N¢t movement in funds, included in the above are as follows..
Incoming
resources
Resou￿¢8
expended
Movemeni
in funds
Unrestricted funds
General fund
514,766
(538,962)
(24,196)
TOTAL FUIYDS
514.766
{538.962)
{24.196)
Comparntivey for moven)¢nt funds
Net
movemem
in funds
At
.10.23
At
30.9.24
Unrestricted funds
General fvnd
Fair value reserve
,071,109
,487.879
{32,485)
1.038,624
1,487,879
2,558,988
(32.485)
2.526,503
TOTAL FUNDS
2.558.988
(32,485)
2.526,503
Compardtiv¢ net movemenl in included in the above are as follows:
Jncoming
resources
ResouTces
expended
Movement
in filnds
Unrestricted funds
General ￿nd
452,130
{484,615}
(32.485)
TOTAL FUNDS
452,130
(484,615)
(32,485)
Page 16
Continued...

THE SCHOOL JOURNEY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS- eon
EMBER 2
25
iffiueij
MOVEMENT IN FUNDS- eon¢lDued
A cwrenl year 12 months and prior y¢ar12 months combined position is as follows..
Net
movement
in funds
Ai
1.10.23
At
30.9.25
Unrestrieted fuDd5
Genernl fund
Fair val￿e reserve
1,071,109
1,487,879
(56,681)
1,014,428
1,487,879
2,558,988
(56.681)
2.502.307
TOTAL FUNDS
2,558.988
(56.681)
2.502,307
A current year 12 months and prior year 12 months combined nei movern¢nt in funds, included in th¢ above are
as follows:
Incoming
resources
Resources
ex￿nded
Movement
tn funds
Unrestrleted
General fvnd
966,896
(1.023.577)
156,681}
TOTAL FUNDS
966,896
(1,023,577)
(56.681 }
All the activities of the Association forni part of the General whith is available for us¢ at the dixreiion of
the tnjstees in furtherance of the general objectives of the charity.
The Association is a company limited by guarante¢ having no share captlal. In the evenl of the Association being
wound up each person, wbo at that tirne is a member or has ¢e&sed to be a member within one y¢aT, is liable to
contribute to the Association such amouAt as th¢ Association may require. not exceedin¥ ten pounds.
16.
RFLATED PARTY DISCLOSURES
There were no related party transa¢tioJ]5 for the year ended 30 Sept¢rnb¢r 2025 other than the reimbursed
expenses to trustces as di5¢1osed in the notes.
Page 17

THE SCHOOL JOURNEY ASSOCIATION
TAILED STATEMENT OF FINANCIAL ACTIVITIES
'e
EP
30.9.25
30.9.24
INCOME AND ENDOWMEJ¥TS
Investment iD¢Om¢
R¢Dts r¢¢¢ived
Deposit account interest
60,986
12,130
58,471
10,164
73,116
68,635
Chgritable activities
France
Homeland
Actlvity trips
Day trips
Isle of Wight
Spain
lialy
140,510
153,964
518
92,930
127,045
26,484
7,250
86,000
43,786
83,164
47,976
15,518
441,650
383,495
Totsl incoming re50wrc¢s
514.766
452.130
EXPENDITURE
Ch#r5t¥ble 4¢tivities
Wages
Rates and waier
IDsurance
Light and heal
Telephone and ￿stAge
Printlng and Publicity
MgTketing aT￿ Website
Sundries
France
Spain
Itaty
Homeland
Isle of Wighi
A¢tivity trips
Rent rthd servi¢e ¢harge
R¢paiTS and maintenance
Bank charges
Property management
Fixthres and fittings
Depn of office equipment
Grants to de5eEving ¢ases
58.669
3,619
12.289
1,574
1,684
824
5,994
9,671
116,997
29.625
13,086
149,761
72,438
10,214
4,473
6.186
204
11,708
2,453
235
13,850
57J13
6,010
14,871
3,966
1,636
685
5,429
11.053
79.682
41.372
113,539
73J02
23,701
5,369
9,689
214
7.226
2.453
13,864
525,554
471.485
Support costs
This page does not forn) part of the statutory fm2n¢ial stalements
Page 18

THE SCHOOL JOURNF.Y ASSOCIATION
DETAILED
TATEMEiYT OF FINANCIAL ACTIVITIES
ror the
e#r en
O SEPTEMBER 2025
30.9.25
30.9.24
Svppctyrt eosts
Other
Interest paid
392
Goyernance costs
Accountancy and legal fees
Committee and oificers expense
9,777
3.631
9,396
3,342
13,408
12,738
Total resouwes expended
538,962
484.615
Net txpenditure
{24,196)
(32,485)
This page does not fom part of the statutory financial statem¢nts
Page 19