Registered number.. 01716035
Charity number: 514138
APPRIS CHARITY LIMITED
(A company limited by guarantee)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
CONTENTS
Page
Reference and administrative details of the charitable companyi Its Trustees and advisers
Trusteès, report
Independent audltors, report on the financ5al statements
10-13
Consolidated statement of financial activities
14
Consolidated balance sheet
15-16
Charitable company balance sheet
17-18
Consolldated statement of cash flows
19
Notes to the financial statements
20-42

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 JUL Y2025
Trustees
Paul Oale, Chair
Neil Copsey
Alexandra Mile5
Mark Tullett
Company registered
number
01716035
Charlty reglstered number 514138
Re8lStered office
B. T. A. L. House
Laisterdyke
Bradford
West Yorkshire
BD4 8AT
Key management personnel John Igoe
Kenny Stoddart
Dean Coleman-walker
Derek Pickard
Nikita Seabright
Independent auditors
Sumer Auditco Limited
New Chartford House
Centurion Way
Cleckheaton
Bradford
West Yorkshire
BD19 3QB
Bankers
Virgin Money
14 Broadway
Bradford
West Yorkshire
BDI IEZ
Page I

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 JUL Y2025
The Trustee5 present their annual report together with the audited financial statements of the charitable cornpany for the
vear l August 2024 to 31 July 2025. The Annual report serves the purposes of both a Trustees, report and a directors,
report under company law. The Trustees confirm that the Annual report and financial statements of the charitable
company tomply with the current Statutory requirements, the requirements of the charitable company's governing
document and the provisions of the Statement of Recomrnended Practice ISORPI applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021
leffective l January 20191.
Objettives ond tsrtivities
a. Policie5 and objectives
Appris Charity is dedicated to consolidating our position as the provider of choice for engineering apprenticeships and
training, predominantly but not exclusively in the West Yorkshire region. Where we can serve and add to our loyal
customer base that we have established over the last 40 years.
These activities deliver public benefit by supporting bu5ines5es IN recruiting and training young people to gain the skills
required by manufacturing industries which will benefit the local and national economy.
b. StrategSes for achlevSng oblectlves
To realise our objettives, we have implemented a multi-faceted strategy, including..
Community Engagement..
Strengthening partnerships with local businesses. schools, and orEanisatitsns to extend our outreach.
Curriculum Development..
We continuously innovate and refine our curriculum to meet evolving needs of employers and the engineering and
manufacturing sector.
Resource Allocation..
Ensuring optimal use of resources to maximise impact.
Enhance Learning Experience
Provide the best Possible learning experience for our learners.
c. Activities undertaken to achieve objectives
This year. our key activities include..
We are in the proce55 of investing £lm IN our training centre resources a5 a part of our strate8V to accommodate
more classroom space and workshop equipment.
Tts support our stiategic objectives, we Continue to increase delivery staff number, often as trainees, to meet the
demands of the yearly apprenticeship intake.
Invest in continues professional development to ensure staff remain current in their teaching and engineering
piactice.
Page 2

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 JUL Y2025
Strqteqic report
a. MaSn achlevements of the charStable company
We are proud to report significant athievements such as-.
Significant increase in footfall in the training centre.
Significant increase in apprentice recruitment
Increase in learner5 advancing to HNC.
Positive financial results to allow investment in the future.
b. Key performance indicators
In November/December 2023 we were Ofsted inspected. The outcome of this inspection was published in January 2024,
where the overall Ofsted Grade 2 Good Provider, with Grade 2 Good Provider in each subcategory. Under the current
Ofsted inspection rule5, we will be Ofsted inspected a8ain before January 2028.
Our performance is measured through a range of indicators. such as..
We recruited 188 apprentice512024.. 1761
Gross income was £3.70m12024'. £3.34ml
Net profit £76k12024.' £220kl
Accessed over £IOO,000 capital investment funding from the Department of Edutationl
Zero clawback of apprenticeship funding, followin8 a Department for Education external audit by KPMG
c. Factors relevant to achieve objectives
Several external factors pose challenges and opportunities, including..
With 86% of our income ernanating frorn our Contract with the DfE, we are exposed to any chan8e5 in government
policy, which can be positive or negative.
We are inspected by Ofsted, where our contract is subject to achieving and maintaining a satisfartory grade.
We continue to win business and engage with new employers across the region, including micro to macro
manufacturing employers.
Lirnited hi8h-quality, talent pool of qualified Assessors and Tutor5 requires investment and time, nurturing and
training Trainee positions.
Page 3

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 JUL Y2025
Strategic report Icontinuedl
Financiol review
a. Golng COn￿rn
The finantial statements have been prepared on the going concern basis with total income again exceeding the
expenditure incurred IN the year.
The unrestricted funds beine carried forwards are in surplus of £3,140,411 as at 31 July 2025 allowing for long term
planning to further support the achievement of the group's objectives.
The Trustees have therefore concluded that it is appropriate to continue to use the going concern basis in the preparation
of these financial statements. They do not believe there are any material uncertainties in relation to the going concern
assessment.
b. Financial review and future developments
The surplus for the group for the year was £76,46412024'. £220,444). Total funds at the balance sheet date amount to
£3,307,89512024: £3,231,431) and will be applied for future development and in furtherance of the charity's objectives
for the coming year.
c. Principal risks and uncertainties
We identify and monitor risks and keep a register, which we review on a regular basis.
Our main risks are..
DfE Compliance
We must ensure we comply with the terms of our DfE contract or risk losing it.
OFSTED
AchieviN8 the lowest grade would result in the1055 of our DfE contract.
staff
We need to recruit and retain competent staff to deliver our programs.
Technologv
In order to maintain our position as the provider of choice, we must keep up to date with new technology developments.
Health & Safety
Failure to comply with legislation could be a serious risk to the business.
Page 4

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 JUL Y2025
d. Financial risk management objertives and policies
Our financial risk management strategy includes..
Diversification of Funding Sources..
In addition to our DfE contrart, we deliver a range of training courses and consultancy, and we also receive rent from an
investment property. However, that said, our charitable status is based on the delivery of engineering apprenticeships to
the local engineering manufacturing industry, where this remains the focus for our future strategy. Therefore, the DfE
income will continue to be the single largest source of income.
Budgetary Controls..
We prepare a detailed financial budget for income and expenditure, which we review regularly.
Reserve Policy..
We maintain a reserve of liquid funds for unforeseen financial needs.
e. Prlnclpal fundlng
The charity's primary funding sourtes this year were..
Apprentice Funding.. We receive monthly funding known as on-program payments based on the value of the
program being delivered.
Grants.. We receive grant funding in respect of 16-18-Year-old apprentice starts.
Capital Funding.. where p055ible, continue to acces5 government backed grants to support our continued
investment in engineering machinerv
Completion Payments.. We receive a completion payment in respect of each completed apprenticeship.
Structurei governonce tsnd monttgement
a. Constitution
Appris Charity Limited is a company limited by guarantee. It was incorporated as a private limited company on 18 April
1983 as company number 01716035 and is governed by its Memorandum and Articles of Association.
The directors of the company are also trustees of the charity and accordingly the Director5, Report iNcorporate5 the
Trustees, Report.
The company is also a registered charity, number 514138 and registered with the Charity Commission on 12 August 1983.
Charity Office.. 8.T.A.L. House, Laisterdyke, Bradford, West Yorkshire, BD4 8AT.
b. Methods of appolntment or electlon of Trustees
The Chairman is elected by the trustees. Trustees are appointed in accordance with the cornpany's Articles of Association.
The number of Trustees shall not be le55 than three but Should not be subject to any maximum.
Page 5

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 JUL Y2025
Structure. 8overnance and mana8ement Icontinuedl
c. Policies adopted for the induction and training of Trustees
New trustees are briefed by the Chairman on their legal obligations under charity law. There is no specific training regime
for the trustee5 to equip them for their role, though they are required to be competent persons who normally are already
directors of a company in membership.
d. Risk management
The trustees actively review the major risks which the charity faces on a regular basis and consider that maintaining free
reserves at the level stated, Combined with Continuous review of the Controls over key finantial systems, will provide
sufficient resource5 in the event of adverse conditions. The trustee5 have also examined other operational and business
risks and confirm that they have established systems to mitigate the significant risks.
Other than bank balances, the organisation does not have any Significant financial instruments. Liquidity risk is managed
by the use of short term money market accounts when fund5 are available.
e. Fundralslng
The charitable group doesn't actively fundraise but appreciates donations from the public. The charitable group does not
use any professional fundraiser or commercial participator to carry out activities on the charitable group's behalf.
Due to the low level of fundraising the charitable group undertakes, the charitable group is not a participant of a
voluntary scheme for regulating fundraisin& or any voluntary standard of fundraising for the activities carried out on
behalf of the charitable group. Should the charitable Eroup at some point in the future undertake a specific fundraising
campaign or Start to generate more income throu8h fuNdrai5in& the trustees will look to sign up to a voluntary
fundraising code.
Page 6

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 JUL Y2025
Structure. 8overnance and mana8ement Icontinuedl
f. Financial reserves policy
The reserves of the company are accumulated substantially from earned income and not through donations.
The charity needs reserves for the following reasons..
To maintain the fabric of its buildings to a level acceptable to its members and itself. and to project an image of a
professional organi53tion.
To be able to purchase resources to enable the company to keep up to date with fast moving and changing
technology in order to deliver its business.
In a continuou5 climate of change in trainin& education and deve1oprnent, to allow the company time to meet and
adjust to those changes.
To give the company the financial resources to expand its business and facilities to meet member needs.
The company will monitor its resources on a regular basis along with its income and expenditure.
It will also submit its accounts to annual audit and report back to its members.
The policy will be reviewed annually by the Board of Directors, prior to the AGM and will be monitored month bv
month by the Managing Director.
As at the year end, the total unrestricted reserves of the group wa5 £3,140,41112024.. £3,049,824) of which free reserves
lunrestricted reserves not represented by intangible assets, tangible assets and investment property) were £931,348
12024.. £868,085).
Plans for futurè periods
Looking ahead, we will..
Continue to develop the engineering apprenticeships we offer in line with employer needs.
Train & retain our staff to ensure the best learning experience for our learners.
Invest in the technology and equipment required.
Continue to be the provider of choice for engineering Apprenticeships and training.
Ensure we comply with the DfE, Ofsted, HSE, EA and other regulatory bodies.
Page 7

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 JUL Y2025
Statement of Trustees, responsibilities
The Trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for
preparing the Trustees, report including the Strategic report and the financial statements in accordance with applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustee5 to prepare financial statements for each financial year. Under company law, the
Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state
of affairs of the Group and the charitable company and of their incoming resources and application of resources, including
their income and expenditure, for that period. In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently-
observe the methods and principles of the Charities SORP IFRS 1021..
make judgments and accounting estimates that are reasonable and prudent,.
state whether applicable UK Accounting Standards IFRS 1021 have been followed. subject to any material
departures disclosed and explained in the financial statements,.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group
will continue in bu5ine55.
The Trustees are re5pon5ible for keeping adequate accounting record5 that are sufficient to show and explain the Group
and the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the
Group and the charitable company and enable them to ensure that the financial statements comply with the Companies
Act 2006. They are a150 responsible for Safeguarding the assets of the Group and the charitable company and hence for
taking reasonable step5 for the prevention and detection of fraud and other irregularities.
Dlsclosure of Informatlon to audStors
Each of the persons who are Trustees at the time when this Trustees, report is approved has confirmed that..
so far as that Trustee is aware, there 15 no relevant audit information of which the charitable group's auditors are
unaware, and
that Trustee has taken all the steps that ought to have been taken a5 a Trustee in order to be aware of any relevant
audit information and to establish that the charitable group's auditors are aware of that information.
Page 8

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 JUL Y2025
Oisclosure of information to auditor5 Icontinuedl
Auditors
Sumer Auditco Limited were appointed as auditor to the company following BHP LLP becoming part of the Sumer Group
on 31 December 2025, which required a change in audit firm to comply with applicable regulatory requirements.
In accordance with section 487121 of the Companies Act 2006, Sumer Auditco Limited are deemed to be reappointed
annuallv.
Approved by order of the members of the board of Trustees and signed on their behalf by..
gner ID.. 45PHTAMIBO...
Paul Dale
Trustee
Date..
0210412026 GMT
Page 9

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
INDEPENDENT AUDITORS, REPORTTO THE MEMBERS OF APPRIS CHARITY LIMITED
Opinion
We have audited the financial statements of Appris Charity Limited (the 'parent charitable company'l and its subsidiaries
Ithe 'group'l for the year ended 31 July 2025 which comprise the Consolidated statement of financial activities, the
Con501idated balance sheet, the Charitable company balance sheet, the Con501idated statement of cash flow5 and the
related note5, including a 5urnmary of significant accounting policies. The financial reporting framework that ha5 been
applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting
standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, Iunited Kingdom Generally
Accepted Accounting Practieel.
In our opinion the financial statements..
Eive a true and fair view of the state of the Group's and of the parent charitable company's affairs as at 31 July
2025 and of the Group's incoming resources and applicatitsn of resources, including its income and expenditure for
the year then ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and
have been prepared in accordance with the requirements of the Companies Act 2006 and the Charitie5 Art 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our
responsibilities under those standards are further described in the Auditors. responsibilities for the audit of the financial
staternents section of our report. We are independent of the Group in accordance with the ethical requirements that are
relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that
the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusion5 relating to going concern
In auditing the financial statements, we have concluded that the Trustee5' use of the going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions
that, individually or collectively, rnay cast significant doubt on the Group's or the parent charitable company's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are authorised for
issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant
sections of thi5 report.
Page 10

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
INDEPENDENT AUDITORS, REPORTTO THE MEMBERS OF APPRIS CHARITY LIMITED ICONTINUEDI
Other information
The other information comprises the information included in the Annual report other than the financial statements and
our Auditors, report thereon. The Trustees are responsible for the other information contained within the Annual report.
Our opinion on the financial statement5 doe5 not cover the other information and, except to the extent otherwise
explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read
the other information and, in doing so, consider whether the other information is materially inconsistent with the
financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially
misstated. If we identify 5Uth material incon5iSteneies or apparent material mi55tatement5, we are required to determine
whether thi5 give5 rise to a material misstatement in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information, we are required to report that
fact.
We have nothinE to report in thi5 regard.
Opinion on other matters prescribed by the Companies Art 21106
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Annual report for the financial year for which the financial statements are prepared is
con515tent with the financial statements.
the Annual report ha5 been prepared in accordance with applicable legal requirement5.
Matters on whlch we are requlred to report by exceptlon
In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of
the audit, we have not identified rnaterial mi55tatements in the Annual report.
We have nothing to report in respect of the following rnatter5 in relation to which Companie5 Act 2006 requires US to
report to you if, in our opinion..
the parent charitable cofflpany has not kept adequate and Sufficient accounting record5, or returns adequate for
our audit have not been received from branche5 not visited by us,. or
the parent charitable company financial statements are Not in agreement with the accounting records and returns,.
or
certain disclosures of Trustees, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit,. or
the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime
and take advantage of the small companies, exemptions in preparing the Annual report and from the requirement
to prepare a Strategic Report.
Page 11

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
INDEPENDENT AUDITORS, REPORTTO THE MEMBERS OF APPRIS CHARITY LIMITED ICONTINUEDI
Re5ponsibilitie5 of trustees
As explained more fully in the Trustees. responsibilities statement, the Trustees (who are also the directors of the
charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and
for being 5at15fied that they give a true and fair view, and for such intern31 control as the Tru5tee5 deterrnine 15 necessary
to enable the preparation of financial staternents that are free from Material misstatement, whether due to fraud or
error.
In preparing the financial statements. the Trustees are responsible for assessing the Group's and the parent charitable
company'5 ability to continue 35 a going Concern, disc105ing, a5 applicable, matters related to going concern and using the
going concern basis of accounting unless the Trustees either intend to liquidate the Group or the parent charitable
company or to cease operations, or have no realistic alternative but to do so.
Audltors, responslbllltles for the audlt of the flnanclal statements
Our objectives are to obtain reasonable a55urante about whether the financial statements a5 a whole are free from
material misstatement, whether due to fraud or error, and to 155ue an Auditors, report that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS
IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are
considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic
decisions of user5 taken on the basi5 of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line
with our responsibilities. outlined above, to detect material misstatements in respect of irregularities, including fraud. The
extent to which our protedure5 are tapable of detecting irregularities, including fraud 15 detailed below..
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud
and non-compliance with laws and regulations. was as follows..
the enga8ement re5pon5ible individual ensured that the en8a8ement team collectively had the appropriate
competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations,.
we identified the laws and regulations applicable to the group through discussions with management. and from
our commercial knowledge and experience of the sector-
we focused on specific laws and regulation5 which we considered rnay have a direct material effect on the financial
statements or the operations of the group, including Companies Act 2006, taxation legislation, data protection,
anti-bribery, employment, environments and health and safety legislation..
we assessed the extent of compliance with the law5 and regulations identified above through making enquiries of
managernent and inspecting legal correspondence,. and
identified laws and regulations were communicated within the audit team regularly and the team remained alert
to instances of non-compliance throughout the audit.
We assessed the 5U5ceptibility of the group'5 financial statements to rnaterial mi55tatemeNt, including obtaining an
understanding of how fraud might occur, by-
making enquiries of management as to where they tonsidered there wa% susceptibility to fraud, their knowledge of
actual, suspected and alleged fraud; and
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
Page 12

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
INDEPENDENT AUDITORS, REPORTTO THE MEMBERS OF APPRIS CHARITY LIMITED ICONTINUEDI
To address the risk of fraud through management bia5 and override of controls, we..
performed analytical procedures to identify any unusual or unexpected relationships..
tested journal entrie5 to identify unusual tran5actions,'
asse55ed whether judgement5 and assumptions made in determining accounting estimates were indicative of
potential bias,. and
investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and Non-compliance with law5 and re8ulation5, we designed procedures which
included, but were not limited to-
agreeing financial statement disclosure5 to underlying supporting docurnentatitsn,. and
enquiring of management a5 to actual and potential litigation and claims.
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are
from firiancial transactions, the les5 likely it is that we would become aware of non-compliance. Auditing standard5 a150
limit the audit procedure5 required to identify non-compliance with laws and regulation5 to enquiry of the dirertor5 and
other management and the inspection of regulatory and legal correspondence, if anv.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may
involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at: www.frc.or
.uk
auditorsres
onsibilities. This description forms part of our Auditors. report.
Use of our report
This report Is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the
Companies Act 2006. and to the charitable company's trustees, as a body, Part 4 of the Charities (Accounts and Reports)
ReEulations 2008. Our audit work has been undertaken so that we might state to the charitable company's members
those matter5 we are required to state to them in an Auditor5, report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its
members, as a body, for our audit work. for this report, or for the opinions we have formed.
Signer ID." LOOG8ECPQB...
Neil Baldwin (Senior statutory auditor)
for and on behalf of
Sumer Auditco Limited
New Chartford House
Centurion Wav
Cleckheaton
Bradford
West Yorkshire
BD19 3QB
Date: 0210412026 GMT
Page 13

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND EXPENDITURE
ACCOUNTI
FOR THE YEAR ENDED 31 JUL Y2025
Unrestricted
funds
2025
Restricted
funds
2025
Total
funds
2025
Total
funds
2024
Note
Income from:
Charitable activities
450,279
57,451
450,279
57,451
502,612
63,645
2,775,874
Investments
DfE funding and grant5
3,199,S50
3,199,S50
Total income
3,707,280
3,707,280
3,342,131
Expenditure on:
Charitable activities
3,616,693
14,123
3,630,816
3,121.687
Net movèmènt in funds
90,587
114,1231
76,464
220,444
Reconciliation of funds..
Total funds brought forward
Net movement in fund5
3.049,824
90,587
181,607
114,1231
3.231,431
76,464
3,010,987
220,444
Total funds carried forward
3,140,411
167,484
3,307,895
3,231,431
The Consolidated Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on paÉes 20 to 42 form part of these financial statements.
Page 14

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
REGISTERED NUMBER.. 01716035
CONSOLIDATED BALANCE SHEET
ASAf31JULY2025
2025
2024
Note
Fixed assets
Intangible assets
Tangible as5et5
Investment property
io
1331,5631
2,376,547
331,563
1331.5631
2,363,346
331,563
li
12
2.376,547
2,363,346
Current assets
Debtors
14
465.257
360,724
Cash at bank and in hand
1,331,563
1,218,810
1,796.820
1.579.534
Current liabilities
Creditors.. amount5 falling due within one year
15
1462,9471
1362,6301
Net current assets
1.333,873
1,216.904
Total assets less current Ilabllltles
3.710,420
3,580.250
Creditors.. amount5 falling due after more than
one year
16
1402,5251
1348.8191
Total net assets
3.307,895
3,231,431
Charity funds
Restricted funds
18
167,484
181.607
Unrestricted funds
18
3,140,411
3,049,824
Total funds
3,307,895
3,231,431
Page 15

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
REGISTERED NUMBER.. 01716035
CONSOLIDATED BALANCE SHEET ICONTINUEDI
ASAf31JULY2025
The Tru5tee5 acknowledge their responsibilitle5 for complying with the requirements of the Act with respect to accounting
records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small
companies regime.
The financial 5tatem8nts were approved and authorised for issue by the Tiustees and signed on their behalf bv..
Slgner ID". 45PHTAMIBO...
Paul Dale
Trustee
Date-.
0210412026 GMT
The notes on pages 20 to 42 form part of these financial statements.
Page 16

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
REGISTERED NUMBER.. 01716035
CHARITABLE COMPANY BALANCE SHEET
ASAf31JULY2025
2025
2024
Note
Fixed assets
Intangible assets
Tangible as5et5
Investments
io
1331,5631
2,233,186
loo
1331.5631
2,218,001
loo
li
13
Investment property
12
331,563
331,S63
2.233,286
2,218.101
Current a55ets
Debtor5
14
310,620
862.907
147,597
841,289
Cash at bank and in hand
1,173.527
988,886
Current liabilities
Creditors.. amounts falling due within one year
15
1105.9721
145,2341
Net current asset5
1.067,555
943,652
Total asset5 less current liabilities
3,300,841
3,161,7S3
Creditors.. amounts falling due after more than
one year
16
1402,5251
1348,8191
Total net assets
2,898,316
2,812.934
Charlty funds
Restricted funds
18
199,853
2.698,463
199,853
2,613.081
Unrestricted funds
18
Total funds
2.898,316
2,812,934
Page 17

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
REGISTERED NUMBER.. 01716035
CHARITABLE COMPANY BALANCE SHEET ICONTINUEDI
ASAf31JULY2025
The charitable company's net rnovement in fund5 for the year wa5 £85,38212024- £188,678).
The Trustee5 acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting
records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small
companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
signer ID.. 45PHTAMIBO...
Paul Dale
Trustee
Date:
0210412026 GMT
The notes on pages 20 to 42 form part of these financial statements.
Page 18

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
CONSOLIDATED STATEMENTOF CASH FLOWS
FOR THE YEAR ENDED 31 JUL Y2025
2025
2024
Cash flows from operatlng actlvltles
Net cash used in operating activities
291.878
340,877
Cash flows from investing activities
Purchase of tangible fixed assets
Proceeds on disposal of tangible fixed assets
Interest received
1124,6711
2.909
1288,1301
9,755
16,371
22,565
Net cash used In Investlng artlvltles
1105.3911
1255,8101
Cash flows from financlng actlvltles
Repayments of borrowing
Repayrnent5 of hire purchase dep051t and principal
Proceeds of new bank loans
133.0451
140,6891
1254,4501
70,￿0
Net cash used in financing activities
173.7341
1184,4501
Change in cash and cash equivalents in the year
112.753
199,3831
Cash and cash equivalent5 at the beginning of the year
1,218,810
1,318,193
Cash and cash equlvalents at the end of the year
1,331.563
1,218.810
The notes on pages 20 to 42 form part of these financial statements
Page 19

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
General information
Appris Charity Limited is a charitable company limited by guarantee incorporated in England and Wales. The
members of the company are the Trustees named on page l. In the event of the company being wound up, the
liability in respect of the guarantee is limited to £10 per member of the tompany. The registered office is B.T.A.L.
House, Laisterdyke, Bradford, West Yorkshire, BD4 8AT.
Accountlng pollcles
2.1 Bas15 of prep¢7rotion olfinonci¢71stotements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting
and Reporting by Charities.. Statement of Recommended Prattice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 (effective l January 20191, the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021 and the Companies Act 2006.
Appris Charity Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are
initially recogni5ed at historical cost or transaction value unle55 Otherwise stated in the relevant accounting
policv.
The Consolidated statement of financial activities ISOFAI and Consolidated balance sheet consolidate the
financial statements of the charitable Company and its subsidiary undertakin8. The results of the subsidiary
are consolidated on a line by line basi5.
The charitable company has taken advantage of the exemption allowed under section 408 of the Companies
Act 2006 and has not presented its own Statement of financial activities in these financial statements.
2.2 Going contern
The financial statements have been prepared on the going concern basis with total income again exceeding
the expenditure incurred in the year.
The unrestricted funds being carried forwards are in surplus of £3.140,411 as at 31 July 2025 allowing for long
term planning to further 5UPPOrt the achievement of the group'5 objectives.
The Trustees have therefore concluded that it is appropriate to continue to use the going concern basis in the
preparation of these financial statements. They do not believe there are any material uncertainties in relètion
to the going concern assessment.
Page 20

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
Accountin8 policies Icontinuedl
2.3 Income
All income is recognised once the charitable company has entitlement to the income. it is probable that the
income will be received and the amount of income receivable tan be measured reliably.
Grants are included in the Consolidated statement of financial activitie5 on a receivable basi5. The balance of
income received for specific purposes but not expended during the period is shown in the relevant funds on
the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred
and included in creditors a5 deferred income. Where entitlement occur5 before income is received, the
income is accrued.
Government grants relating to tangible fixed assets are treated as deferred income and released to the
Consolidated statement of financial activities over the expected useful lives of the assets concerned. Other
grants are credited to the Con501idated Statement of financial activities as the related expenditure is incurred.
Income tax recoverable in relation to investmenl income is recognised at the time the investment income is
receivable.
other income is recoenised in the period in which it is receivable and to the extent the goods have been
provided or on completion of the service.
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement and the amount
of the obligation can be measured reliably. Expenditure 15 classified by activity. The costs of each activity are
made up of the total of direct costs and shared costs, including sUPPOrt Costs involved in undertaking each
activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which
contribute to more than one activity and support costs which are not attributable to a single activity are
apportioned between those activitie5 on a basi5 consistent with the use of resources. Central staff costs are
allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the artivities which further the Group's
objectives, as well as any associated support costs.
All expenditure 15 inclusive of irretoverable VAT.
2.5 Interest receivoble
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by
the Group.. this is normally upon notification of the interest paid or payable by the institution with whom the
funds are deposited.
Page21

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
Accountin8 policies Icontinuedl
2.6 Taxatlon
The charitable company is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act
2010 and therefore it meet5 the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charitable cornpany is Potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the
Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively to
charitable purposes.
2.7 Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised over its useful
ectsnomic life. It 15 reviewed for impairment at the end of the first full financial year following the acqui51tion
and in other period5 if events or changes in circumstances indicate that the carrying value may not be
recoverable.
Goodwill was acquired by way of transfer of all assets and liabilities from Leeds Training Service5 Limited, a
company registered in England and Wales, on l August 2011, and 15 now fully amortised.
Negative goodwill is capitalised and classified as a negative asset on the balance sheet. Negative goodwill
relating to net current a55et5 was immediately amort15ed and negative goodwill relating to inve5trnent
property is being carried fOn￿ard.
2.8 Tanglblelixed ossets anddepreclatlon
Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are
probable and the cost or value of the a55et can be measured reliably.
Tangible fixed a55ets are initially recognised at cost. After recognition, under the cost model, tangible fixed
assets are measured at cost less accumulated depreciation and any accurnulated impairment losses. All costs
incurred to bring a tangible fixed asset into its intended working condition should be included in the
measurement of e05t.
Depreciation 15 charged so as to allocate the cost of tan8ible fixed assets le55 their residual value over their
estimated useful lives, using the straight-line method.
Depreciation is provided on the following bases..
Freehold propertv
Plant and machinery
Fixtures and fittings
Computer equipment
2% straight line
10-20YD Straight line
10-33% straight line
10-33% straight line
Page 22

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
Accountin8 policies Icontinuedl
2.9 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost
and 5ub5equently measured at fair value at the Balance Sheet date, unle55 the value cannot be rneasured
reliably in which case it is measured at cost less impairment. Investment gain5 and losses, whether realised or
unrealised, are combined and presented as 'Gains/lLossesl on investments, in the Consolidated statement of
financial activities.
Investments in sub5idiarie% are valued at tost less provision for impairment.
2.10 Debtor5
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.11 Cush ut bank und in hund
Cash at bank and in hand includes cash and short-term highly liquid investments Wlth a short rnaturity of
three months or less from the date of acquisition or opening of the deposit or similar account.
2.12 Llabllltles undprovlslons
Liabilities are recognised when there 15 an obligation at the Balance sheet date as a result of a past event, it is
probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement
can be estimated reliably.
Liabilities are recognised at the amount that the charitable company anticipates it will pay to settle the debt
or the arnount It ha5 Teceived a5 advanced payments for the goods or seivices it must provide.
Provisions are measured at the best estirnate of the amounts required to settle the obligation. Where the
effect of the time value of money is material, the provision is based on the present value of those amounts,
discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the
discount is recogni5ed in the Consolidated statement of financial activities as a finance cost.
2.13 Fingnciol instruments
The Group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially recognised at transaction value and subsequently measured at their
settlement value with the exception of bank loan% which are 5ub5equently measured at amortised cost using
the effective interest method.
Page 23

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
Accountin8 policies Icontinuedl
2.14 Flnonce leuses ond hlre purchose
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets.
Assets acquired by finance lease are depreciated over the Shorter of the lease term and their useful lives.
A55ets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where
substantially all of the benefits and risks of ownership are assumed by the Group. Obligations under such
agreements are included in creditors. net of the finance charge allocated to future periods. The finance
element of the rental payment is charged to the Consolidated statement of financial activitie5 50 a5 to
produce a constant periodic rate of charge on the net obligation outstanding in each period.
2.15 Operotlng leases
Rentals paid under operating leases are charged to the Consolidated statement of financial activities on a
5traight-line basis over the lease term.
2.16 Pensions
The Group operates a defined contribution pension scheme and the pension charge represents the amounts
payable by the Grc>up to the fund in respect of the year.
2.17 Fund occounting
General fund5 are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Group and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or
which have been raised by the Group for particular purp05e5. The cost5 of raising and administering such
funds are charged against the specific fund. The aim and use of each restricted fund is Set out in the note5 to
the financial statements.
Investment income. gains and losses are allocated to the appropriate fund.
Page 24

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
Income from charltable artlvltles
Unrestricted
funds
2025
Total
funds
2025
Total
funds
2024
Annual fees
208.999
208.999
223.146
Course fees & services
241,280
241.280
279,466
450,279
450.279
502,612
Total 2024
502,612
502,612
Other Income- Grants
Unrestrictèd
funds
2025
Restritted
funds
202S
Total
funds
2025
Total
funds
2024
DfE funding and grants
Other ErantS
3,199,550
3.199.SSO
2,695,872
80,002
3,199,550
3,199,550
2,775,874
Total 2024
2,765,874
10,000
2,775,874
Page 25

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
Investment Income
Unrestricted
funds
2025
Total
funds
2025
Total
funds
2024
Rent receivable
41.080
41.080
41.080
Bank interest receivable
16,371
16.371
22,565
57,451
57.451
63,645
Total 2024
63,645
63,645
Page 26

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
Analysls of expendlture on charftable actlvltSes
Unrestrirted
funds
2025
Restricted
funds
2025
Total
funds
2025
Total
funds
2024
summary byAund type
Course fees and services
61,858
81,567
146,769
5,550
46,380
61.8S8
81,567
146.769
5,550
46.380
79,308
74,460
169,402
900
Revenue expenditure
Subcontract
Equipment repairs
Staff recruitment
13,700
Staff training
Wages, Nl & pension
Staff welfare
26,710
2,442,405
25,500
8,440
54,340
37,191
108,667
21,351
26,710
2,442.405
25,500
19,411
2,075,564
21,678
10,065
49,030
29,350
92,809
17,829
Rates
Cleaning
Power, light & heat
Property repair5 & maintenance
Premises insurance
37.191
108,667
21.3SI
Equipment leasing
Computer costs
Motor leasing & expenses
Subscriptions & donations
Legal expenses
Governance costs
84,172
115,550
84,172
115.5SO
62,137
91,729
31,026
2,388
12,833
8,500
9,972
31,105
31,026
2.388
12,833
8.500
9,972
31.105
19,858
2,448
9,996
8,CQO
6,947
33,886
Accountaney/subsidiary audit fees
Bank charges & interest
Printing & stationery
Advertising
Teletommunications
11,049
7,385
16,829
36,697
88
11,049
7.385
16,829
36.697
12,111
5,480
14,198
22,074
19,7S41
189,071
Sundry expenses
IProfitl/loss on disposal of fixed assets
Depreciation & amortisation
182,371
14,123
196.494
Tot¢712025
3,616,693
14,123
3,630.816
3,121,687
Total 2024
3,107,564
14.123
3,121,687
Page 27

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
Audltors, remuneratlon
The auditors, remuneration amounts to an auditor fee of £15,75012024 - £14,850), and fees for other services of
£65012024- £6￿1.
Staff costs
Group
2025
Group
2024
Wages and salaries
Social Security Costs
Contribution to defined contribution pension schemes
2,014.480
215.463
212.462
1,706.561
170,721
198.282
2,442.405
2,075,564
All staff are employed by Appri5 Management Limited. Appris Charity Limited does not have any ernployee5.
Contributions totalling £34,03412024'. £26,321) were payable to a pension scheme at the end of the year are
included in creditors.
The key management personnel of the charity during this financial year are listed in the reference and
administrative details page at the front of this document.
The total employee benefits of the key management personnel of the Trust w8re £579,92812024.. £487,598).
The average number of persons employed by the charitable company during the year was as follows..
Group
Group
2024
No.
2025
No.
Employee5
41
36
The number of employees whose employee benefits lexcluding employer pension costs) exceeded £60,000 was..
Group
2025
No.
Group
2024
No.
In the band £70,001- £80,000
In the band £80,001- £90,000
In the band £90,001- £100,000
Page 28

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
Trustees, remuneratlon and expenses
During the year, no Trustees received any remuneration or other benefit512024- ENILI.
During the year ended 31 july 2025, no Trustee expenses have been incurred12024- £1531.
io.
Intanglble assets
Group
Negative
goodwlll
Goodwlll
Total
Cost
At l August 2024
22,683
11,134,987) 11,112,304)
At 31 July 2025
22.683
11,134,987)
11.112,3041
Amortisotion
At l August 2024
22.683
1803,4241
1780,7411
At 31 July 2025
22.683
1803,4241
1780,7411
Net book volue
At 31 July 2025
1331,5631
1331,5631
At 31 July 2024
1331,5631
1331,5631
Page 29

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
io.
Intan8ible asset5 Icontinuedl
Company
Negative
goodwill
At I August 2024
11.134,9871
At 31 July 2025
11,134,987)
At l August 2024
1803,4241
At 31 July 2025
1803,4241
Net book volue
At 31 July 2025
1331,5631
At 31 July 2024
1331,5631
Goodwill wa5 acquired by way of a transfer of all of the assets and liabilitie5 from Leed5 Training Service5 Limited,
a company registered in England and Wales, to Appris Management Limited.
Negative goodwill was acquired by way of a transfer of all of the assets and liabilities from Leeds Training Trust, a
registered charity, to Appri5 Charity Limited.
Page 30

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
ii.
Tangible fixed asset5
Group
Freehold
property
Plant and
machlnery
Fixtures arbd
flttlngs
Computer
equlpmet)t
Total
Cost or valuutlon
At l August 2024
Additions
2,357,261
45,958
244,623
113,348
12,9971
799,514
41.287
3,401,398
212,692
12,9971
12.099
Di5P05a15
At 31 July 2025
2.403,219
354,974
840.801
12,099
3.611,093
Depreciution
At l August 2024
Charge for the year
596,787
84,766
356.499
1,038,052
46,387
31.053
115.022
4,032
196,494
At 31 july 2025
643,174
115,819
471,521
4,032
1,234,546
Net book vulue
At 31 July 2025
1.760,045
239,155
369.280
8,067
2.376,547
At 31 July 2024
1,760,474
159,857
443,015
2,363,346
Freehold land at a cost of £356,37012024- £356,370) has not been depreciated.
Page31

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
ii.
Tangible fixed assets Icontinuedl
Company
Freehold
propertv
Plant and
machinery
Flxtures and
Total
C05t or valuotion
At l August 2024
Addition5
2.357.261
45,958
244.623
113,347
12.9971
604,547
11,266
3.206,431
170,571
12,9971
Disposals
At 31 July 2025
2.403.219
354.973
615,813
3.374,005
Deprecitstion
At l August 2024
Charge for the year
596.787
46,387
84.766
31.053
306,877
74,949
988,430
152,389
At 31 July 2025
643,174
115.819
381,826
1.140,819
Net book volue
At 31 July 2025
1,760,045
239,154
233,987
2,233,186
At 31 July 2024
1,760,474
159,857
297,670
2,218,001
Freehold land at a c05t of £356,37012024- £356,370) has not been depreciated.
Page 32

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
12.
Investment property
Group und charftable company
Freehold
Investment
property
Valuutlon
At I Au8USt 2024
331,563
At 31 July 2025
331,563
13.
Flxed asset Investments
Investments In
subsldlary
companies
Charitable company
Cost or valuation
At l August 2024
loo
At 31 July 2025
loo
Net book vulue
At 31 July 2025
loo
At 31 july 2024
loo
The charity holds 100 shares of £1 each in its wholly owned trading subsidiary company Appris Management
Lirnited. These are the only share5 allotted, called up and fully paid. The activities and result5 of this company are
summarised below.
Page 33

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
13.
Flxed asset Investments Icontlnuedl
Prlnclpal subsldlarles
The following wa5 a 5ub5idiary undertaking of the tharitable company..
Name
Company
number
Re8lStered office or principal place Principal activity
of buslness
Appris Management Limited
03335776
BTAL House, Laisterdyke, Bradford. Promotion and delivery
West Yorkshire, B04 8AT
of training in industry
Class of
shares
Holding
Included in
consolldatlon
Ordinary
Share5
100% Yes
The financial result5 of the subsidiary for the year were..
Name
Income
Expendlture
ProfltllLossl
lor the year
Net assets
Appri5 Managernent Limited
3,749,829
13N51,5031
298,326
409,677
14.
Debtors
Group
2025
Group
2024
Company
2025
Company
2024
Due wlthln one yeur
Trade debtor5
226,903
233,100
7,OCNJ
156.470
145,982
1.168
12,500
99,380
34,764
953
Amounts owed by group undertakings
Other debtors
145,982
92.372
37,341
90,283
Prepayments and accrued income
465.257
360,724
310.620
147,597
Amounts owed by group companies are repayable on demand and attract an interest rate of base rate plus 2.0%.
Page 34

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
Is.
Creditors.. Amounts falllng due wlthln one year
Group
2025
Group
2024
Company
2025
Company
2024
Bank loans
8.610
145.922
16,924
56.223
8.610
66.870
16,924
8.050
Trade creditors
Other taxation and social security
Obligations under finance lease and hire purchase
contract5
54.308
52,985
15,844
223.615
14,648
15,844
Other creditors
216,240
20,2S8
Accruals and deferred income
14,648
20,260
462.947
362.630
105.972
45.234
16.
Credltors.. Amounts falllng due after more than one year
Group
2025
Group
2024
Company
2025
Company
2024
Bank loans
349.712
348,819
349.712
348,819
Net obligations under finance lease and hire
purchase contracts
52,813
52,813
402.525
348.819
402.525
348.819
Bank loans and overdrafts are secured by a fixed and floating charge over all the property or undertakings of the
charitable company.
Net obligations under finance lease and hire purchase contracts are secured against the assets to which they
relate.
The aggregate amount of liabilities payable or repayable wholly or in part more than five years after the reporting
date is=
Group
2025
Group
2024
Company
2025
Company
2024
Payable or repayable by instalments
315.272
322.693
315.272
322.693
315.272
322,693
315.272
322,693
Page 35

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
17.
Deferred Income Included In credltors
Group
2025
Group
2024
Deferred income at l August 2024
Resources deferred during the year
Amounts released from previous periods
66.952
74.178
166.9521
54.224
66,952
154.2241
Deferred income (rt 31 July2025
74.178
66,952
Page 36

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
18.
Statement of funds
Statement of funds- current year
Balance at I
August 2024
Balante at 31
July 2025
Incorne
EXPendi￿re
Unrestrictedfvnds
General funds
3,049.824
3.707,280
13,616.6931
3.140,411
Restrictedfvnd5
Restricted funds
181.607
114.1231
167,484
Totol ofAunds
3,231.431
3.707,280
13,630.8161
3.307,895
Statement of funds- prior year
Balance at
l August 2023
Balance at
31 July 2024
Income
Expenditure
Unrestrlctedfunds
General funds
2,825,257
3,332,131
13,107,564)
3,049,824
Restrittedlunds
Restricted funds
185,730
10.000
114,1231
181.607
Tottsl ofAunds
3,010,987
3,342,131
13,121,687)
3,231,431
Page 37

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
19.
Summary offunds
Summary of funds- current year
Balance at I
August 2024
Balante at 31
July 2025
Incorne
EXPendi￿re
General funds
3,049.824
181.607
3.707,280
13,616.6931
114.1231
3.140,411
167,484
Restricted funds
3,231.431
3.707,280
13,630.8161
3.307,895
Summary of funds- prior year
Balance at
l August 2023
Balance at
31 July 2024
Income
Expenditure
General funds
2,825,257
3,332,131
13,107,564)
114,1231
3,049,824
Restricted funds
185,730
10.000
181.607
3.010,987
3,342,131
13.121,6871
3,231,431
Restricted funds - relate to government grants received in relation to capital purchases. The value of the grants is
being released in line with the depreciation policy of the relevant capital items.
20.
Analysls of net assets between funds
Analysls of net assets between funds- current year
Unrestricted
funds
202S
Restricted
funds
2025
Total
funds
202S
Tangible fixed assets
Intangible fixed assets
Investment property
Current assets
2,209,063
1331,5631
331,563
1,796,820
1462,9471
1402,5251
167,484
2,376,547
1331,5631
331,563
1.796,820
1462,9471
1402,5251
Creditors due within one year
Creditors due in more than one year
Tot¢71
3,140,411
167,484
3.307,895
Page 38

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
20.
Analysis of net assets between funds Icontinuedl
Analysls of net assets between funds- prior year
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Tangible fixed assets
Intangible fixed assets
Investment property
Current assets
2,181.739
181,607
2,363.346
1331,5631
331.563
1331,5631
331.563
1,579,534
1362.6301
1348,8191
1,579,534
1362.6301
1348,8191
Creditors due within one year
Creditors due in more than one year
Tot¢71
3,049,824
181,607
3,231,431
21.
Share Capital
The company ha5 no share capital but 15 lirnited by guarantee. Every member of the comp3ny undertake5 to
contribute up to £10 in the event of the company being wound up.
In these circumstances. any surplus assets are to be transferred to another charitable institution with similar
objects to the company and similar re5triction5 on distribution of a55et5 to members.
Page 39

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
22.
Reconclllatlon of net movement In funds to net cash flow from operatlng actlvltles
Group
2025
Group
2024
Net income for the year las per Statement of Financial Activitiesl
76.464
220,444
AdjustmentsAor.'
Depreciation charges
Finance costs
196.494
189.071
31.105
116,3711
33,886
122.5651
19,7541
74,032
1110,3511
Dividends, interests and rents from investments
Lossllprofitl on the sale of fixed assets
Decrease/lincreasel in debtors
Increaselldecreasel in creditors
1104,5311
108.629
Net cosh providedbyopen7ting qctivities
291.878
374,763
23.
Analysis of cash and cash equivalents
Group
2025
Group
2024
Cash in hand
1,331.563
1,218.810
Total cash andcosh equlvalents
1,331.563
1,218,810
Page 40

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
24.
Analysls of changes In net debt
At l August
2024
New finance
leases
At 31 july
2025
Cash flows
Cash at bank and in hand
1,218.810
116,9241
1348.8191
112,753
8,314
18931
40,689
1.331,563
18,6101
1349,7121
168,6571
Debt due within I year
Debt due after l year
Finance lease5
1109,3461
853.067
160,863
1109.3461
904,584
25.
Capltal commltments
Group
2025
Group
2024
Contractedfor but not provided in thesefinuncia15tatements
Acquisition of tangible fixed assets
109.023
Page 41

APPRIS CHARITY LIMITED
IA company Ilmlted by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2025
26.
Operating lease commitments
At 31 July 2025 the Group and the charitable company had commitments to make future minimum lease
payments under non-cancellable operating leases as follows..
Group
2025
Group
2024
Company
2025
Company
2024
Within l year
Between 2 and 5 years
72.074
202.008
72,209
274.082
67.598
197.160
67,598
264.758
274.082
346,291
264.7S8
332,356
At the reporting end date the group had contracted with tenant5 for the following minirnurn lease rental
receipts..
Group
Group
2024
Company
Company
2024
2025
2025
Within l yeaT
Between 2 and 5 years
40,000
63.333
40,000
103.333
40,000
63.333
40,000
103.333
103.333
143,333
103.333
143,333
27.
Related party transartion5
During the year the charitable company charged it's trading subsidiary, Appris Management Limited, rent of
£100,00012024.. £60,000) and loan interest of £8,86612024'. £8,271).
Appris Management Limited charged the charity for course fees of £IOO,00012024.. £62,852).
The charity charged Appris Management Limited for apprentice funding received in the year of £3,199.55012024'.
£2,695,872).
The balance on loans due from Appris Management Limited at the year end was £156,47012024-. £99,380).
Controlllng party
Ultimate control of the charitable company lies with the board of trustees.
Page 42