Financial Statements ryson Energ3T For the year ended 31 March 2025 Reglstered number: N1603445 Charity number: 100960 •AEDBHZ)L* 1611012025 COMPANIES HOUSE A04 #123 Bryson Energy IA Company limited by guarantee) Contents Page Reference and admln15tratlve details ol the Charltyi Its Truslees and adijlsers TNstees' report Ind•p•ndent audlQow'• report On the financlal Statements 7-11 Statement of financlal a¢tivitleS 12 Balance sheet 13 Slatern•nt ol cash flows 14 1404es to th• finahcial statèmen*S 15-31 Bryson Energy (A company limited by guarantee) Reference and admlnlstratlve detalls of Ihe Charity, its Trustees and advisers For the year ended 31 March 2025 Trustees G Carson (Chait) } Chada S Lattle (resigned 22rtd May 2024) D Bakcr C Mack P Rainey Conipany reglsaered number N1603445 Charity weglstered nuwnber 100960 Reglsteved offi¢• 2 ￿'verS Edge 13 - 15 Ravenhill Road BelEy4St Northern ]rel￿d BT6 8DN Indgp•Trdent audltor Grafti Thornton (Nl) LLP Chartered Accountants & Statutory Auditor5 12 - 15 Donegall Square West Belfast BTI 6JH BankerJ Danske Bank PO Box 183 Done¥all S4uure West Belfast BTI 6JS AIB 11 15 Donegall Square North Bdfast BTI 5GB Sollcltors Tughans The Ewari 3 BedFord Square Belfast BT2 7EP Pa Bryson Energy (A company limited by guarantee) Trustees. annual report For the year ended 31 March 2025 Board members G Carson (Chair) J Ch8d2 D BAln F.nerg)i s remit has 5ignificantli' ￿￿0)Vn ro include Training, F.Inpln!'mcnt, Ni ct Zero, Hnme Sifet4t (.nmmLinirs' RoDr Cause, Ilrts &. Pliir Actii'itics & F.vcncs, amillt SuppL>rt Rnd Chilclrc'n's Scrviccq. 'fhis h15 sigmificantlv incr¢iGccl Ihc rLich ind pv.4iiii'c inipici vf ihe company - to bcst d¢￿'Ver on 115 currcn¢ srrategjc Vision To make thc GrcatLSt Diffeicncc 10 the GreaLest Need. In Shaping the current Strategjc Plan (2023126) And the objectives for the 2024125 operationil yeg1', rhe Trustees cortsidered the Chariiii Cominission's guidance on pub￿¢ benefit. Thrtsugh private ttindin¥ xnd w)verninent contr&iCts, Br}'son Enersry devclopcd pnd debvercd PrOgr￿lmeS dirccdy taCk￿.n￿l Root C#usc barricr5 & issues in relAuon (().' Income Educauon Hcxlth Environment Employmen¢ Pa Bryson Energy {A company Ilmiled by guarantee) Trustees. annual report Icontlnued) For the year ended 31 March 2025 A¢hlevements and perfomian¢o Over the COUTse of the 12-month period ro 31st March 2025 the Chiriry ha$ continued ¢0 deliver programme outptsts acro$$ Northern Ireland in several areas.. Sklq8s Based Tralnlng The chstity has conunued to deLiver key training ptO8tammes such as Training for Success and Skills for Life And Work and Apprenticeship NI pr0gr￿nrnes funded by the DepArtment for thc Economy. Thcse progranrne$ assist young people address personal And development needs and gain skills And quabfic2oon5 ¢0 obtain employment or ptogress to lu'gher levcl educauon or training. Financial donations also auowed us to enhance existing programme provision with a range of measure5 including Mental Health Support and Emer8ency ReLieE initiatives. Empooyablllty The Maxirnise Employment programme continued into its conrracted second year in 2024/25. This programme supportcd economically inactive pcople into employmcnt. Ad&'tional Financia] support aitowed us to enhance the exisun8 pro8ramme provision with A range of measures inclu(b'n8 Job Re%dy Vociuon81 Training digitsl equipmeoc. Net Zero and Hom• Saf•ty Bryson Energs. hos conunued to ddiver 2nd support VLthierable hou5ehold$ with Energy Advice and Home Safery pro8rammes such as Home Hazard & Securir>' Programme funded by Bejfast Ciry Council, ?￿'nor Home Repair scheme funded by MEAAP and the Social Supermarkei Progr.amme funded by the Department for CommLlrtityes. We al.go ivorked dosely with an Encrgy Company to devdop 2nd deliver 8 Net Zero campaign. Adv•ntur• A¢tlvltl•• From the Acquisition of the Adventure A¢tiviti¢s provider'Pathways' in February 2023, we have continued to expand our team budding, outdoor acuviries Ind ttaining provision. We have identifjed communiues, fanult'es and individu￿$ in the greatest need, and provide supportive health, fitness, Ivellbeing and capacity building workshops tailored to them. Arts & Play We continued to grow our Membership base, increase OUE colle¢tions from businesses, reducing the amounr of waste that ends up oft landf￿. We enhanced our Art & Play programmes funded by Belfast Ciry Council and Donation. Commun¢ty Led Ro•t Cause This team continued to deliver a range of bespoke programmcs under the themes of Income, Education. Employmenr. Environment and Health. WoIking with local communities we identified and removed the roor causes 8nd barriers of povertiy ¢0 maximise inth'viduats. potential. Famlly Support & Children's ServDces These ptogtammes. ¢ailored to the needs of chAldren (ond their guardians) contributed 10 positively impact those in the greatest need. Provision included several F2mtLy Support programmes, NIHE Supporting People and 2 Sure Start programmes (with expansions). Bryson Energy (A company limited by guarantee) Trustees, annual report (contlnued) For the year ended 31 March 2025 Flnanelal Y•vlew Over the course of the Jiear Bryison Energy has Achieved 8 29.7•/r+ increase in Income and an increase of re5erve3 of 28.40/) Ivith the orgArtisatii)n raking si¥nificant sirides In driving cosi efficiencies Ind imprr)i'ements dunng i period of hj'gh inflauon And cost of knving crisis. The Chariry has bencfitced Irom the trAn5fer of Family Scrviccs plus Root Cause activities Erom Bryson Care glongside new initiauve UIC Prosperiry.. Orgarric growth on pathways sAnce its acquisition in February 2023. Skills 2nd Training have maintained their position throughout the year. Thc incrcASC in roseThrcs of 28.4Q/o tu Ll.7m alOn￿ldC the strong cash balance of £lffl puts ¢hc Chariry in a brood position to drive improvemcnts ind ictivitics to mcet the finAI I'eylr of an wDbiuous 3-year groivth strAtcgy. The Charit), hii s conunucd io see 8fOWth in the dekn'veri, pi'o8rAmmc oiitputs 47cross Northcrn Irelilnd p11ucul4irl)' aroiind Training For Success, Crcauvc Art5 2nd Activiucs ivith organic groivrh in Paihivays. Reserves Poll¢y and Goin9 Concern Rcseri'es 1re rteeded to bridgt chc timing gip behveen Spending and Teceiiiing tst income 14 nd fo coi'er unplanned teinporTrr}.' shnr(fills in incninc sh()ulcl thLS'. Iri5c. Flnlding :icle¢iuitc r¢scrves 511cguii.ds th¢ prnvision (if nu scrvicLS in the eVLnt uf unLxpectcd significant finxncigj pre5surcs. Tlic Trusiees cvnsidcr thAr the idcal Ici'¢l vf reserves would be a¢ ItHs¢ three months expen¢b"ture. In March 2025 Unre5tTlCt¢d reserves Ereely available to spend, Ihercfore in thc Fom) of invesunents. cash and cx5h equiiialents not hcld for resrric(ed purpose5 or designed project5 are rtoiv Ji this target level, 25 1 result OF tl)e on8Trin8 ivork on the groivth tttrgets 4ilongside ambitious strate￿¢ plans and focused kcy performance indicators. Plans for future periods The vision 'Maknn¥ the Grea￿$[ Difference tn the Greatest Need, is at the forefmnt of the on-goin¥ ivork of Bo'son Enerbry,. 2025126. is YeA( 3 OE rhc Br)pson Energy (2023126) Strate￿C Plan. AS part of the Stratc¥ic review in 2024/25- we identified che need fo furrher ass1St those households liiring in 2Ecas of high deprivation move our of poverty,. Therefore, the empha5i5 OE the I'elr 3 plan, and the forthcoming 2026130 Strntwc Plans is to End Poverry The Straregic plxn ￿s0 emphasises rhe nccd to monitor. measure and externAll}' verify our irnpacts resUl￿- so that we can PKove that we are deknvering our strate￿C objecuves. When verified. we would also be able to expolt our learnings and findings - le2ding the corkversation internationally. With #n cxpcrienccd and influcnuxl Board, and A committ¢d Sentor Managem¢nt TCAM driving aLThtrt$t challen&ng KPI & Pu15C5 Scorecard. ￿Ong with a supportive parent or8anisauon, we have already, in the early 5t8ges of the 2025/26 financial ye￿. taken advgn¢3ge OE g number of fUnd￿g opportunities, enhanced our premises & IT ro better 5crvc our scaFF & service users, continued to grow our reach atid donation5. and are currend} bidding for sigNfLcant new contracts. Bryson Energy (A company Ilmlted by guarantee) Trustees. annual report (contlnued) For the year ended 31 March 2025 Strncture. Governance and managemetht Sttucture Bfj￿On ha5 developed its cotporate Strucn￿e to consist of the parent ch￿lty proVid￿g management support, governance and essenuai programs ind lun There are 3 subsidiaries undet p￿enc ¢h?rity'. Bryson Care, Bryson Energy and Bryson Recycbng. Care and Energy gre charities- Recycling 1$ 2 trdding so¢i#l enterptise. GovemAng doeumeftt Bryson Energy is a company l&mi¢ed by gu8ranree govetned by its Memorandum and Articles of Associauon. BrsTon Energy As 2 re&s￿red charity with the Chariry Commission For Northem Ireland. Bryson Energy is part of the Bryson Charitable Group and operate5 Within the governance strpJctures of the Group. The Trustees 74Ct within the powers oudined in the Charity's Memorandum and ATude5 of Association and within the teIms of delegated authoriry from the Mernber. Bryson Charitable Group. The Board meets on 2 quattetly basis, and has set out a StAtement of Resetved Matttrs cl¢orly idenuEsryng those tnattcr5 wM'ch requlre decision by the Trustees. Ai each Board meeting the Trustces review Management Account5 and a Director's Rcpor¢. The Director's Report allows the Trustees to monitor perfoimmce agamst the 2gTced annuxi plan. The Board r¢view5 Its own and the effectiveness of individual Tfustees on an annual basis and takes any necessary 5tcps to ensuie both continue to work w￿. The ch￿rMan and the Truscee5 recrLAit ond select new Trustees #s needed with the assistance of the Bryson Charitable Group 'Governance and Nominauons Committee.. New Trustees #re recruited on the relevance of their professional skills, and their potcnual to be able to make a hclpful contribullon to the ¥ov¢rnance of the Chatity. As part of the rccruitm¢ni process, they are mAde Aware OE a Trustees, legAI oblj'gation undcr Chfiriry ¥Lnd compan), law. the content of the Memorandum and Arucles of Association, the Board thd decision-making processes, the business plan 2nd recent financi￿ perfomiance OE the Ch21ity. An exercise has been undertaken to review tenure and sknlls of Trustees and the recruitment need ¥oin¥ forwaid on a long-tefm basis, Governance upd&tes ind trAirting are providcd annuauy. Y￿st89s. r•sponslbllltles In relatlon to th• IlTrancl8D statemenQs The Trustees who arc also directors for the purposes olcompany law, are responsible for prepftring the ttustees, reporr and the financial scatement5 in accordance with applicable Law and United Kingdom Accounting Standards (United lilities of management and those eharygd with governance fow *h• tlnan¢lal statements As explained mote full} in the T￿￿tte,5 annual report. management is tesponsible for the ptepatation of the F￿ancial statcments which wve a true aftd fair view An accoIdance with United Kingdom Generally Accepted Accounting Pra¢¢ice. includlng FRS102 and for Such intern41 concrol as the Trustees determine is necessary to enable the preparation of financial statcmcnts that ale frec from m2terial mi5Statemeni. whether duc to ftaud or crror. In preparing the financial 5tarements, management is responsible for assessing the chariti s ability to conunue as going concern, disclosing, a5 applicable, matters relgted to going concern and using the going concern basls of accounung unless management either intend to tsquidate che chariry or (o cease operauons, or has no realistic li￿rnAtive but to do $0. Those chftrgcd with governancc are responsible Eor ovcrseeing thc ch%titi's f￿ancIal reporting process. Pa GrantThornton Independent auditor's report to the members of the Bryson Energy board (continued) Rosponslbllll•8s of th• audltor lor the audlt of the finanelal statements The objectives uf an auditr)r are tu obtain reasonible assurance abouc ivhe¢l)er rhe financial statementi a5 R ivhr)le llre frcc Erom matcri21 mi5sraremcnr, whcthcr duc to fraud or crrur. and to issuc an Audiror's r¢porr thAt incliidcs th¢ir opinion. Rcgsonable 2ssurnnce Is 3 hAgh I￿ve1 of assurii nce but is not a guaranree rhit an audii condLicied An accordance vith TSAS (LTkl ai1￿#y$ detccr a n)arerig1 nusstatcment ivhen it exists. Missricements C1n arise From fraud or error 2nd are considered mi* teri411 IE, individuall51 0¢ in rhe aggre￿te, rhey could re2son#bl5' be ekpected to influence the ecnnnmic dccisi(?n4 (>f uscrs rokcn bascd fjn ihcse financial statcmcnLS. A furthei dcsc¥ipuon OE an audi(or's responsibibties for the udit OF rlie financii418raiements is locared on (he fin11 ncial epotung Council'5 website at This deseripuort forms part of our auditor's report. E.Iploniifion ns ¢0 e.i"tent flie .?iidit IV.1s considettd c.?p.IbJc of dcrecting irre¥ulAfifies, incJiidin¥ friiiid Trregul•ri¢ies, includin8 Fraud, are ins12nces of non-cDmpli&nce with laiiis and re8ulitions. Ive design procedures in linc with out rcsponsibili¢ie5, oudincd abovc, to dctcct matcrial misstatements in respect of irregulariues, including Ernud. Owing to the inherent lJmitAuons of in iudit, there is fin unavoidAble risk that mftt¢riAI mis5tRtement in the f￿AnCIal staiemenis may nor be decectcd, evert though the gudit is propetl), planned 2nd perfornied in accordance vith ISAS (UIK). Thc extent to which oiir procedures arc capablc of dctccting irrc8ularities. including fraud, 1.4 dctailcd bclow.. B95ed on our understinding of the charity. and industr)I we idenufied Ihat rhe principal risks of non-compbance ivith laws and r¢gul#tions related to compliance with Data Privacy law, Employment Law and Pensiofts Legislation #nd we considered the extent fo which non-compliance mighc have a material effect on the financial statements. We ￿50 considcrcd those law5 ?Ad regulAtions that have a diiccr impact on the prcparation of the fin?n¢t215tktemcnts such as the Companie5 Acr 2006 and UK tax legslauon. We evaluated MI￿9geMen['S incenuves 2nd opportLiniues for Eraudulent manipulation OE the firt&nci#l sratements {includin8 the risk of override of contro15}, and determined that the principal risks were related ro posting inappropriate journ￿ entries to mgnipulate financial performance and managcment bias through judgcments and assumpuon5 in sigrtiFicant accounting es1imate8, in poiucular in relation to Si8nifican¢ one-ofE or unusual rrans*ction5. Wc appls prof¢ssiOn￿ scepucism through rh¢ au&'t to con5idcr potenu81 a¢￿'be￿are omission or concealment of significanc transactions, or incomplete/iniccurAte &'sclosures in ¢he financial statement. In response to thcsc princlpal risks, our audit procedures included but wcrc not limited to.. nquiries of management on the policies aftd procedures in place reprding compliance ivith18ivs and regulations. induding considerauon of known or suspected instances of non-compLiance and ivhether they have knowledge of any actual, su5PCCt¢d or alleged fraud. ' ￿Ining an L￿derstanding of thc intcrnAI controls ¢Stab￿'Shed to miugxtc U5k rclated to fraud. ' inspection of the charity's re8ulatory and leg81 correspondence and review of minutes of bo8td meeongs during the yeir to collaborare Anquities made. GrantThornton Independent auditor's report to the members of the Bryson Energy board (continued) • discussion amongst the engagemcnt team in relauon to the identified laws and regul*uons and regardmg the risk of fraud and remaining alert to any indJ"carions of non-compls'ance or opportunities fot friiuduient manipulauon OF f￿￿¢12[ statemcnts throughout the audit; identifyÉng and tesung journal entries to address ihe risk of inappropriate journals and management override OF conttols. desigrting audit procedures to incowtate unpredictability around the nature, ciming or extent of OLtr testin haUen8in8 assumpuons and judgements made by management in their significant ac¢ountiAg estirnales, Ancluding the carrying vaiuc of fixcd assers. and revcnue rccogniuon; and ' teview of the f￿anCi￿ stttement disdosutes to urLderlsiThg $upportkn8 d¢xumet]t%UOA and inquiries of management. The Prim￿ responsibiliry Eor the prevention and detection of irie8uliiiues including fraud rests with those charged with governance and managcmcnt. As with any audit. there remains a risk of non-detcction or irrcguiiriucs, as these may involvc couusion, forg¢ry, intentional omissions. mistcprcsenrauons or override of in¢ernAI conttols. Th• puw*se off our auo]It w•rk and fto whom we owe our r•sponsibilitleg This report is made solcly to thc chariry's membcrs, as a body. in accordartce with chaptcr 3 of Part 16 of the Compxrties Act 2006. Our 94udit work h*s been undertaken $0 that we tnight srate to the chgriry's members those matters we ire required 10 state to them in an auditor's report and Eor no other purpose. To the fullest extent permitted bjt law, Ive do not accept or assume responsibiiiry to an)one other than thc charLty and the charity's mernbets as a body, for our audit work, for this report, or foi the opinions we have formed. Neal Taylor (Senlor statutory auditor) for and on behalf of Grant Thornlon INI} LLP Chartered Accountthnts & Statutory Auditors Statutory Auditors Belfast Date: 23 September 2025 Bryson Energy (A company Ilmited by guarantee) Statement of financial activities (incorporating income and expenditure account) For tho year ended 31 March 2025 Restricied Unrestricted funds funds Tot•1 funds Total fund5 2025 2025 2025 2024 No¢e Income from: Charitible acuiiiues nihcr incomc 3,046,670 3,707,727 117,973 3 825 700 6,754,397 5.199,190 117,973 100,809 6 872 370 i 299 999 Total Income 3 046,670 Expenditure on: Charitable ¥c¢bvities 3 046,670 3 046 670 3,456,740 3 456.740 6.503,410 5.054,449 6.503 410 5.054,449 Total Expenditure Not Incomelexpendvture 368 960 245,550 Transfers beNeen funds 14 Net movement in funds 368.960 368,960 245,550 Reconciliation of funds Total funds btought fotward Net movement in fund5 Total funds Cariied fonvard 6,737 1,290,800 368.960 1.297,537 1.051.987 368 960 24i,550 1,659.760 1,666,497 1 97,537 The Statement of fiThancAal activities includes ttll gJins 8nd losses reco8nised in the year. The notes on pages 15 ￿ 31 form part of thcs¢ financi31 statements. All amouThts relate ro continued opetltions. Bryson Energy (A company Ilmlted by guarantee) Registered number: N1603445 B21ance sheet For the year ended 31 March 2025 2025 2024 Note Fixed assets Intangible assets Tangiblc a55e¢s Investments (102.415) 736,482 16.067 650,134 (196,951) 789.661 17,326 610,036 io Current assets Debtors Cash ac bank 8nd in haftd 12 18 889,342 957.905 1,847,247 830,884 805,197 531.951 1.337.148 649.647 Creditor5'. amounrs falling due within one year N•t Gurnt a8sels 13 1,016,363 687.501 Total assets less curyent Ilabil•ties 1,666,497 1,297.537 Total n•t aSO•ts 1.666.497 1,297 537 Chaf•ty funds Restricted funds Unre$tticted fund$ 14 14 6,737 1,659,760 6.737 1.290,800 Total funds 1666.497 1297,537 The Trus¢ecs acknowledge thc5r responsibilities foi complying with th¢ rcquircments of the Act with respect to accounting records and prcparatioTh of Fjnancial 5ratcments. The financial statements have been prepared in accordance with the provisAon5 applicable to enuue5 subjecc to the small comPan￿S regime. The financial statements were approved and authorised for issue by the Trustees on signed on t libe J3 kJp 'il and D Baker Tiu5tee Chair The notes on pages 15 to 31 form patt of these fmanciaj statements. Pa Bryson Energy (A company limited by guarantee) Statement of cash flows For the year ended 31 Mar¢h 2025 2025 2024 Note Cash Ilows from operating act?vilies Net c)sh ￿$¢d in operating actiipiues 17 470,644 278.Gl 9 C•sh flows Irom Investlng actlvltlas Reducuon ort Fixed Asset Investment 1.259 {45,949) Purch25e of tangjble fixed asstis (82.649) Nel Cash Iu$0d Inllprovided by Investlng actlvltles (44.690) (82.649) Chan9e In cash and ea$h equlvalents In the yeay 425,954 195,970 Cnsh ,Ind cish equivalents ft¢ the be¥innin¥ of the Jiear Cash and cash e4yivalen*s at Ine end oy *ne year 531,951 957,905 335,981 i31.9il 18 The notes on pl￿$ 15 to 31 Form part of these fin11 nci741 scJtements Bryson Energy (A company Ilmited by guarantee) Notes to the fmancial statements For the year ended 31 March 2025 GeneraQ Infomiation Bryson Energy is a company lj'rnited by gu2t2ntee itl Northein Ireland. incotpotated under the Companies Act 2006. Its tegistered office is 2 Rivers Edge, Belf2St, Northern Irelgnd, BT6 8DN and it has company iegJs¢rauon number of N1603445 and charity rewstration number of 100960. The principal activities of the merged entiry are to assist fuel povetty households through Eney Advlce and measui¢s in homes and the provision of trainin8, Support, exercise and 5kJlls to encourage in&'viduals ind young people to realise their EUU potenual. Accountlng pollcJe8 2.1 Basgs ol preparatlon of financlal 8tateThents The Gnancial statements are prepared on 2 80ing concern basis, under the historical cost convenuon and in accoidance ivith Section IA of Financial Reporiing Standard 102, the Fingncial Reporung S¢andard Appb-cable in the UK And the Repubbc of Ircland and the CompAnics Act 2006, unless otherwise noted in the iccountin8 poLi¢ie5 b¢low. Thes, have been prepared in accordance with appbcable IAW and accounting standards issued b), the Financial Reporting Council, including (FRS 102) 'The Financial Reporting Standard appbcable in the UK and Republic of Iieland (FRS 102) and the Statement of Recommended Practicc- Accounting And Reporung by Chariues, effective I st January 2019 (SORP). Brysoo Encrgy mcet5 thc definition of a public benefit ttitity under FRS 102. On 30 September 2019 the chuiry entered ioro a chariry combirtauon ivith Bt)'son L8￿nspor¢S and Bryson Futureskills Limited, which met the reqvirement of Section 27.4 of Charities SORP IFRS 102) - Criteria for merger accounting. Accoidingly, thc combinauon has been accounied Eor as a mergtr. As a result. the financiAI stAr¢men¢s Arc prcscntcd as if the combinAtson hkd been effecuve from l April 2018. The preparauon of fmanciai statements in compliance with FRS J02 requires the use of certiin critical accounting estimktes. It Also rcquir¢5 m?n2gcment to exercisc judgement in applylng the CharAW5 accounting policies (see note 3). The financial statements are prepared in sterling (£). which is the Eunctional currency of the enury. 2.2 GO￿059 Concern After reviewing thc chariry's forecasts and projecuons, the trustees have a iea$onabl¢ exp¢c¢auon thAt the charity his adequate resource$ to continue in operational existence Eot the foteseeable 6Jture. The chatity therefore continue5 to adopt the going concern basis in preparing i¢s fin*ncio1 statemertts. Bryson Energy IA company Ilmlted by guarantee) Notes to the financial statements For the year ended 31 PAarch 2025 A¢counling policies Icont>nued) 2.3 In¢ome AU income is recognised oncc rhc Charity has enudement to thc Ancomc. it is probable thxt the income wlll be received. and (he Amount of income receii'able can be measured re￿Ab]y. The reco8niuon of income Erom le￿cleS is dependent on establishing entsdement, the probabilit51 of receipt Ind the 2bJliry to escimate with sufficient accuracy the amount receivable. Evidence of enut]ement to a legacy exi8tq when the Charity has sufficient cvidcnce thai # gift has bcen left to thern (through knowledge of the existcnce of A v￿ld wdl and the death of the benefRCEOt} 1¢ nd rhe executor is sausfied Ehthc the propert)i in qLiestion Ivill no¢ be reqwred to satisfjp clAims in rhe estaie. Receipt of a legacy must be recognised ivhen it is probable that it ivill be receiiped ?nd Ihe f11 ir i'Alue of the amount receiiifLble, which ivill ¥enerally be the expected cash amount to bc disttibutcd to the Cliariry, cArt be reliabl), measurcd. Income fron) concr2Cts for th¢ SLipplI' of serviccs is rccognised ivith Ihe delivcr). DF thc contrftcted setvice. 'J"his is cla55ificd is uiir,csirictLd funds uiiless Ihcre is & contractLIg1 reguiren)eni for. li t(> be spcnt on a particular purposc and returned if unspent, in ivliich case it ma). be regarded as restricied. Rci'cntsc from Cf)n¢rxct to pruvidc scrviccs is rccogniscd in thc p¢riod in which thc scrvices arL pfL)vidcd in iiccord¥Lnce ivith chc Stage of compleuon of (he con¢r47Ct ￿'hen all of the folloii'ing condiuons fire $4usfied.. the arnount of revenue can be mcasured reliablj'tr li is probablc that thc Group ivill reccivc thc consideration duc under th¢ contrACt: the stigc of compleuvn of the contcftcr #t the end u( the repf)rung period can bc mcAsurcd reliablj,: and the cosrs incurred and die ¢osrs to complete clie contract can be meAsured reliably. 2.4 Expenditure Expenth'iur¢ is reco¥oised once (hcrc is a Icgal or con8micuve obtigauon to fr￿Sfcr ¢conomic bencfit to a third parry. it is probAblc rhat a transfet of economic benefits be requir¢d in sctticment and the amount of the obl1￿UOn can be mc2sured reli11 bl},. Expen&ture is c135sified b JT acuipity. The costs OE each gCUVlty are made up of the total of ￿"￿e(t C05t5 2nd shared costs. ￿clUdIng support CCTrSU involved in undertaking e8ch acuviry. Direct f0515 attributable to a single acuvity ate allocated direcdy to that activiry. Shared costs which contributc ro more thAn onc activity and support costs w￿.Ch are not #ttributAblc to a single 2cuviry are apporuoned between those activiue5 on a basis consistent with the use of resources. Central stafl costs are allocated on the basis OE time spenc, 2nd depreciauon charges auocated on the poruon of the asset's use. Expen&ture on charitable acuvities is incurred on directly undertaknng the activiue5 which further the ChArit)r s objccuve5. as weu As any as50ciatcd suppoit costs. Governance costs indude those costs associated with meeLing the consurution?l and stamtory requirements OF the charity and include the audit fees, costs of legal ?dvice for trustees and costs linked to che stratwc management of the charity. Induding ttustee meeting5. All expenth.ture is indusive of irrecoverable VAT.. Bryson Energy (A company limited by guarantee) Notes to the fmancial statements For the year ended 31 Ma￿￿ 2025 Accountin9 polllcoes (continued) 2.5 Intanglble assets and amortlsatSon Negauve goodw￿ is capitalised And recognised An the profit ind loss in the period ift whtch non-monerary AS$etS 94re recovcrcd, which 15 considercd to bc S years. Amortisation is calculated as ro write off the cost of an asset, less its escimated residual value. over the useful ￿ve of thAt asset. All inrangibLe asseis are considered to have a finite useful life. If 94 reliAble estima¢e of the useful Itfe cannot be made. the useful life shall not exceed ten years. Amortisation is provided on intsn8ible a55ets at Ntes ¢alcula¢ed ¢0 write off the cost of uch asset on a sriaight-line basis over its expccted useful lif Amorti5auon is provided on thc following basis.. Negative goodwill 200/0 5trAight bne 2.6 Tanglble flxed assets and depreelatlon Tangible f￿ed 2$set5 are lniu￿Y recogni5ed at cosc. After recognition, under the cost model, taft￿ble fixed assets are measured at cost less accumulated depreciauon and any accumulated impjirrnent losses. All cos¢s incurred to bring a t￿n￿ble fixed Asset into IL8 inrended workin8 condiuon should bc Included in the measurement of cost. Depreciition 15 ch2r8ed so AS to 2Uocate the cost of t￿8ible fixed 355ets l¢33 theii re5idug1 value over their estimated useful Iives, u$Èng the straighr-line method. Depreciauon is provided on the folloivin8 bases.. LL)ng-rerrn leasehold property PIAnt and machineDJ' Motor Vehides Office equipment Fixturcs and fittings 211/0 Sttatghi line 209/0 Str?ight line 250/0 straight b'ne 25Q/o Strgight line 250h strnght line 2.7 Inv•$tfft•qDIs Investment5 held a5 fLxed 455ets are shown at cost less provislon for impairment. Bryson Energy (A company Ilmited by guarantee Notes to the financial statements For the year ended 31 March 2025 A¢¢oun*ing policies <¢ontinued) 2.8 Revaluation of tansible Yixed assets Individual Freehold and leasehold properties are carried at curren( year N'alue #t fair i'#lue at rhe datc of the reviluauon le$5 any 511bsequent 2ccumul#t¢d depteciation ind subsequent accumulii ted impiirmeni 104ses. RcvAluauons ¥Lrc undcrtaken with sufficicnt rcgTul%rit)' to cnsure the ¢xTrying amounc docs not differ materi￿Y from that which would be determined using fw'i VAlue at the Statement of financial Position date. Fair valucs Are dc¢crmined froin marlcct bascd cvidcncc normAII}i undcriakcn bs, profc5sionally quoiificd VAluers. Reiialuation ￿1n5 and losses are reco8nised in other comprehensiiie incom¢ unless losses exceed the prcviou51)' Icco¥nised gains or reflecc a clear consumpuon of ecnnomic benefits. in which case the excess loqse.4 arc rccogynised in pri)fit or los%. 2.9 Debtors Trade and otheA debror5 %ue tecognised at the sectlement 1¢ mount after an), trade discount ofEeted. Prepayments aic valued 2t the amount prepaid n¢r of Jn}p trade di5counfs duc. 2.10 Cash at l>ank and In hand Cash At bank ind in hand in¢ludc8 cash And shor¢-¢crm highly li9uid investmcnts with a shnrt niaLurity of threc months or Icss from the dAtc of ac9uisiuon ot opening of the deposit or simdai account. 2.11 Llabllitles and provisions Liabilitics And provision.8 are recognised when there is an obh'bTauon ac the Balancc sheet date as a tcsuit of A pxst ¢vent. it is probable thAt a trAn5fer of economic bcnefit be requircd fft sctdcment. and rhe amount of the settlement Can be estimated reLi2bly. Liabiliues ￿e recogni5ed It the amount that the Chariti. anticipates ic will pay co scttle the debt or the amount it has received 85 advanced paymertts Eor the goods or services it must provide. Provisinns ire measutcd at the best estimate of the Amounts required to sertie the obli¥auon. Where the ¢fEect of the time vgjue of money is matcriAI. thc pzovision is bA5cd on the prcscnt i'Alue of th05c amoiint5, 'scoun(ed at ¢he pre-tax discount rare that reflects the risks specific to the li3biknry. The unwinding OE the discount is recogNsed in the Statement of fin3nciJJ activities as a f￿ance cost. 2.12 Nopiday pay a¢¢ryal A li#biliry is recognised to the cxtenr of any unused holiday pay enurlemeni which is accrued at the B￿ance shecr date And catried forward to future periods. TL7&5 is megsured at thc undi5coun¢ed salAry tost OF the future hO￿,daY en)demenr so accrued at the B￿AnCe sheet date. 2.13 Flobanclal Inslrnments The Chatiry only has f￿ancIal assets ortd financiat tsabiiities of 2 kind that qu4Lify as basic financi#l in5tti￿eThrS. Bisic financiaj instn￿￿entS are initiglly recognised at ttansacuon value and sub8cquently measurcd ac their settlement value with the exception of bank loAns which are subsequendy mtssuied at gmorrised cost using the eEEective interesi method. Notes to the financial statements For the year ended 31 March 2025 Ac¢ountlAg policfjes (continued) 2.14 Operatln9 leases Renta15 paid under opera¢ing leases are charged to the Statement of financial Activities on A sttaight-line basis over the leasc term. 2.15 Pen51on¥ The Chatiry operates a defllied contribution pension schtme. and the pension chatge represents the amounts payable b). the Charity to the fund in i¢spcc¢ of the year. 2.16 Fund accO￿ntIng Gcncral fuod5 are urkrestricf¢d funds which are available for use at the discretion of the Trustees in £￿the￿ance of the general objectives of the Chariry 2nd which have not been designited for other pU￿0$e$. Designated 6Jnds comprise unrestricted funds that have been 5e¢ aside by the Trustees for partscular purpo$e5. Thc aim and use of ¢och dcsignited fund is set out in the notes to th¢ finincial statements. Restricted funds Are Eunds wbich Are to be used in Accordfince with speetfie resttictions imposed by donors, or which have been t*ised by the Chiriry foi Particul￿ purposes. The costs of r?ising and dministering such fucbds are char8ed agiins¢ the specific Eund. The aim and use of each restricced fund is set out in the notes to the financitht stthtements. Inve5tmenf income, gains 2nd10s5es Are 2llocared to the appropriate fund. Bryson Eneryy (A company limited by guarantee) Notes to the fmancial statements For the year ended 31 March 2025 Critical accounting estimates and arnas of judgement The prepArAuon of these financial s(Atements reqiiires thc Trustces to make judgements, estimfites And 8s5urnpuons that &Efect the 3ppb'¢aiion of policies and reported *mounrs of assets 2nd liabth'ues, income And expenses. Judgernents and esumaies are conunu211y evaluated and are based ort Iiistorical experiences and other Factors. includin¥ expectations of ￿tUre events that 1re believed to be reason3ble under the circums¢aflces. critic￿ Accounting estimates and Assumptions: The Charity makes escimites 1nd assumpuons concerning the futtire. The resulung accounting csum?ie5 ¥Lnd assumption5 Iviu. bv defini¢ion, seldom equal the related 14 CIUg1 results, The esumares 2nd 4issumpcions thar hai'e 14 signific1nc risk of causing a mnterial adjustment ￿ the carry'ing imounts of asset5 and liabilities ivithin thc ncxt financial year are di%cu8scd below. Critical areas of judgement: a) Recoveiability of debtors Esrimates Ilre made in respecr ot the recoverable value of trade and oiher debiors. When assessing the level of provision5 required, fil Ctors including current trading c%pcricncc, historical expcrience and tli¢ iging profile ()f dcbtors arc c()n5idcred. b) Long term contract accounting Estimate5 are m74de in respec¢ of the financiat outcome of long-term contracts. W￿en un2voidable costs of fulfilling a contr9Ct are eipected to exceed commitied and discretioniry cosrs 41 cnntrJct is decmed oneTOU5 and a proirysion is recognised irnmcdi3tely. Bryson Energy (A company Ilmlted by guarantee Notes to the financial statements For the year ended 31 March 2025 Incorne from charbtabl¢ activiloes Restricted Unrestticted funds fund$ 2025 2025 Tot funds 2025 Gene181 Income Sk￿9 for Life and Work CLERI/Root CoU5e Family ind Childcaie Floating Suppor¢ Bryson RecycLing- Social Value Programme Energy Scheme Play Resource Ul< Prosperiry OCN GraThr Income Net Zero Bridges to progre55ion PHA Funding Lottery Funding European Social Fund 347,624 2,273,362 72,999 671,466 91,376 347,624 2.273,362 926,966 1,610.932 91.376 22,633 173,113 139,27S 853,887 2.865 142,695 9,017 2,919 139,581 18,152 853,967 939,466 22,633 48,431 31,209 853,887 2,865 142,695 9,017 2,919 139&81 124,682 108,066 18,152 Total 2025 3,046,670 3,707,727 6 754,397 Resiricied Unrestricted funds funds 2024 2024 Total funds 20 General Income Skills for Life and Work CLERJIRoot Cause Family and ChAldcare Floatsng Support ERCOL Encrgy Scheme Play Resource European projects UK Prosperiry OCN Grant Incom¢ L et Zero Biidges ¢0 progression Eutope2n Social Fund 361,761 1,865,147 361,761 1,865.147 1,107,707 563,859 34,693 43,415 170.537 150,797 15,440 789,968 2,5% 50,686 19,761 1,107,707 301,188 34,693 43,415 43,850 48,474 262,671 126,687 102,323 IS,440 789,968 2,596 50,686 19,761 22,823 Total 2024 2,442,338 2.756.852 5.199,190 Pa Bryson Eneryy IA company limited by guarantee) Other income Unrestricted funds 2025 Total funds 2025 Ne￿￿Uy¢ goodwill amorusa¢ion Interest incomc 94.536 23,437 94.536 23,437 Tot￿ 2025 117,973 117,973 Unre%¢ri¢ttd ELinds 2024 TotAI funds 2024 N¢gAuvc goodwill 8mords8uon I nt¢re5t income 94,536 6.273 94.)36 ToEXtI 2n24 l (In.8n9 An•lysls ol •xpondllur• by actlvltl•ty ActAVAtie8 Underiaken directly 2025 Suppori costs Toial funds 2025 2025 Charitable activities Governance costs 6,270,060 186.962 46,388 6,457.022 46.388 Total 2025 6,270,060 233,350 6,503,410 Activiues undcrtaken direcEIy 2024 Support C05t5 To¢AI funds 2024 2024 Charitable acuvities Governance costs 4,906,796 118,900 28.573 5.025.696 28,573 Totgj 2024 4,906,706 147.653 5.054.449 Pa Bryson Energy (A company limited by guaranlee Notes to the fmancial statements For the year ended 31 March 2025 Analygjg ol expendll¥r• by a¢llvJtOes {contlnued) Analysis of support costs Total funds 2025 2025 Staff costs Legal aThd piofessionol Governance suppott costs 186,962 17.536 28,853 186,962 17,536 28,853 Total 2025 233,351 233,351 Totxl Eunds 2024 2024 Staff costs Le8a] and professional Goipernance 5upporc costs 118.900 5.389 23.185 118.900 5,389 23,185 To¢al 2024 147,474 147.474 staff costs 2025 2024 Wys $￿an¢S SociaI s¢curiry c05¢5 Conttibution to defLned contribuuon pension scheme5 3,098294 283.733 110,091 2200.936 188,001 81,637 3,492,118 2 470,574 The av¢ragc number OE persons etnploycd by che Charity during the year was as follows: 2025 2024 Employees 133 93 Bryson Energy IA ¢ompany limlted by guarantee) Notes to the fm2ncial statements Fortho year ended 31 March 2025 Staff costs {con*Tnued) The number of emplovc¢s whose employee benefits (excluding employer pension cosr5) exceeded £60.000 was: 2025 2024 In thc band L80.IK)I - LYO,CIIO In ihc b?nd a0.￿] - £80,￿0 Key n)In1￿ment persurLncl include iu Directc)rs 1rtd Assisiani Directurs of the Chirirj,. The ¢ut411 con)pensntiun paid ro k¢J' m1n7￿TeMCn[ personncl for service5 provided ro the chdiritjr W41S L 193,2i5 (?024: L195,631). Trustè•s 7•muneratlon and •xp8nses During the >pe1r, no Ttijstees received Any remunerauoft or tsther benefiis (2024 jI.612). During the !'¢Mr cnded 31 ￿lfir¢h 202), cxpenses rcimbursed to Triisrees were £20 (2024 . £ 1,652). Intanglble assets Negative goodwijj Ilt l April 2024 Addiuons (472.681) At 31 March 2025 (472,681) At l Aprjl 2024 Charge for the year (275,730) (94,5J6) At 31 March 2025 (370.266) Net book value At 31 Mxrch 2025 102,415 At 31 March 2024 l96,951 On 4 May 2021. Bryson Energy acquired the Trade and assets and li2bih'ues of Play Resource Tr2ding Co. Limited and Play Resource Warehouse Limited wirh negative goodwill being generated ¢otglling £472,681. This is imortised ovet 9 5 ycar pcuod. Notes to the fmancial statements For the year ended 31 March 2025 10. Tangibfje fixed as$ot$ Ixtyng-term ' leasehold Plant and Motoi Fixtures Office property machinery vehicles and fittings Equipment Total Cost ot v*lu4tion At l AprAI 2024 Addltions 584,000 140,000 5.000 20,480 14,667 1252.101 10,688 156,322 2,152,903 15,594 45,949 At 31 Match 2025 584,000 145,000 35,147 1,262,789 171,916 2,198.852 Depreciaiion At l April 2024 Char8¢ for the yc#r 34,067 11,680 32,667 28,167 11,947 8,787 1,227,954 9,763 56,607 1.363,242 40.731 99,128 At 31 M?rch 2025 4S,747 60,834 20,734 1237,717 97,338 1,462,370 Net book value At 31 MArch 2025 538,253 74,578 736 482 At 31 MArch 2024 549,933 107.333 8.533 24.147 99.715 789,661 Bryson Energy (A company limitod by guarantee) Notes to the financial statements For the year ended 31 March 2025 11. Flxed asset investments Other fixed asset investments Co81 or valuauon At l April 2Q24 Disposils 17.326 1.259 At 31 March 2025 16,067 Net book value At 31 fvlarch 2025 16,067 At 31 March 2024 17,326 12. Deblor3 2025 2024 Due within one ye¥r Tradc d¢btor5 Other debtors Amounrs owed by 8roup undertakin85 Prepa)pments Accrued income 303,260 20,995 370,948 52,559 141,580 222.907 31,724 308,888 130,043 111.635 889,342 805,197 Bryson Energy IA company Ilmlted by guaranteè) Notes to the fmancial statements For the year ended 31 March 2025 13. Creditors: Amounts la91Thng dllje withln one year 2025 2024 Trade cre&'tors Orher t8XAtion and social Jccuriry Accruals Other creditors Deferred incorne 156,007 61,408 418,519 22,032 172,918 118,519 52,834 258.776 21,911 197.607 830,884 649.647 The Chariry's activities fau within the exemptions afforded by the provision of the Income and Coipoiauon Taxc5 Act l988. Accordingly. there is no tlxauon chaige in these accounts. 14. 81at•m•nt OQ IMoDds Balance al 31 Match 2025 Balance at I April 2024 Transfers in/ou¢ Income Expendituze Unre8tticfed fvnds Designated fund8 Designated Funds General furtd8 GenerAI Funds 1.290.800 3.825.700 (3,456.740) 1.659.760 Total Unrestticted funds 1,290,800 3,825,700 (3,456,740) 1,659,760 Bryson Energy (A company Ilmited by guarantee) Notes to the F￿ancial statements For the year ended 31 March 2025 14. statement ol funds (Continued) Restricted funds Energ), Scheme CLEIU/Root Cause Family and Chddcare UK Prosperit). Net Zero Bridbyes to progression OCN Grant Income Pla), Resource - BCC PI-IA FLindin,g LotrLI'!' fiincling Rccycling Sucial Value 6,737 48,431 853.967 939,466 853,887 142.695 9.017 2,865 31,209 2.919 139,i81 22,633 (48.431) (853.967) (939.466) {853,887) (142.695) (9,017) (2,865) (31,209) 6.737 (139,581) (22,633) Toial res¢ri¢i¢d fundj 6,737 3,046,670 (3,046,670) 6,737 Total of funds 1,297,537 6,872,370 6,503,410 1,666,497 15. Summary of funds Balance at 31 March 2025 Balance at I April 2024 Transfers in/out In¢ome Expenditurt Dc$ign¥Lted funds General funds 1,290,800 6.737 3,825,700 3,046,670 (3,456,740) (3,046,670) 1,659,7f)O 6,737 R¢$tticted funds 1,297,537 6,872,370 6,503,410 1.666,497 ryson Energy (A company Ilmlted by guarantee) Notes to the fmancial statements For the year ended 31 March 2025 16. Analysls ol net assets betweeft 14Jnds Analysls of net as••ls b•tWo•n fo•nds - ¢ryJrreTht year Restricted Unrestsicted funds funds 2025 2025 Total funds 2025 Tangible fixed as$ets Intan8ible fixed assets Fixcd asset investments Cutrent assets Creditors due within one year 736.482 (102,415) 16,067 1,840,510 (830,884) 736,482 (102,415) 16,067 1,847,247 (830,884) 6,737 Total 6,737 1,659,760 1,666,497 17. R•¢onclll•tlon of n•1 fflov•m•nt In lund8 to n•t ¢•sh flow from op•r•tlng actlvltl•o 2025 2024 Net income for the year (as per Statcment of Financial Activities) 368,960 245.550 Adjustments for: Depreciation charges ncrease)/decre35e in debtot8 Increase/(decrease) in crt&'t015 Amorusation of goodwiji 99,128 (84.145) 181,237 (94,536) 85.368 (232,404) 274.641 (94.536) Net rash provided by operating activlties 278,619 18. Anatysis of cash and cash equivapents 2025 2024 Cash in hand 957,905 531,951 Total cash and cash equivalents 957,905 531,951 Pa Bryson Energy (A company Ilmlted by guarantee) Notes to the fLn2nci21 statements For the year ended 31 March 2025 19. Analysis ol chan9es in net debl At l Apiil 2024 Cash flows At 31 March 2025 Ca$h at bank 2nd in hthd 531951 425 954 957,905 20. Penslon commltments Defined contribution plans The chariryi opcratcs a dcfincd c()nrribuuun 8chemL. f(>r their emplvyecs. The asscrs of rhc schcinc arc hcld SLpirirLlI, fiuni thu%L of tlic cl)'.Irii),. Tl)c inniifil conrribLltivn$ piinblc 41rc cliirbpLcl tc) rliL, Siii rLIi)Lnr lif FiJ141nci21 klciiiziucs. 'I"he amount I'LCOSPlV5cd in inc()mc or c.%pcndittir¢ as an eipcnse in ieliition to dcfinL,d tonttibuuon plans was £110,091 (2024: £66,331). 'fhe balance unpaid at the year-end amoun(ed to L24,902 (2024.. £22,291). 21. Operatln9 leas• commltments At Jl fvlarcli 2025 rhc ChArit)' hAd commitments t<) niakc future fflinimum Icilsc pfiymcnts undcr non-CAncellable operaung Ivases as follows.. 2025 2024 Not later than l year L*cer than 1 year And not latcr than 5 YCATS 280,057 419,535 110.827 56.902 699 592 167729 22. Related party transacllons Key rnanagernent peisonnel include the board of trustees and all members of the charity's m&nagement. The compcnsauon pxid or PAy%ble to kcy managcment petsonnel in the yexr totalled £ 193,255 (2024- 19i.631). Theie #re * tot￿ 012 individuals (2024.. 2) considered to be part of the key m￿￿gement personnel group. There wer¢ no transacuons entered into wirh the trustees. The Compiny ha5 ¢akco cxempuon from disclosing related parry trgnsactions under s¢ction 33 OE FRS 102. Bryson Energy (A company IlmSted by guarantee) Notes to the fm2nci21 statements For the year ended 31 March 2025 Post balanc• ¥hg•t events A Designated Fund wa5 5Ct aside It￿ trAnsferr¢d to Bryson Charitable Group totallin8 £125,000 for future expenses induding re5carch and pioject developmenc. ControlOiBVJ party Bry50n Energy is * wholly owned subsidiary of Bryson Charitable Group, Company numb¢r N1001319 with a registered office ar 2 ￿ver5 Edge, 13-15 RaVenh￿ Road, Belf2sL Northern Ireland, BT6 8DN. The smAUest and largesc group in which the results of Btyson Energy are consolidated is th%1 headed by Bry50n Charitable Group. Copies of the group Fmanual statements are available from the le￿$t¢[ OE companies in Belfasc.