Financial Statements Bryson Charitable Group For the year ended 31 March 2025 Reglstered number: N1001319 Charity number: NIC101396 *AEDBHZIX• 1611012025 COMPANIES HOUSE llNI #120 Bryson Charitable Group (A company limited by guarantee) Contents Page Reference and administrative details of the Charltyi Its Trystees and advisers Trustees. report 2-11 Independent audrtors. report on the financlal statements 12-16 Consolldated statement of financial activities 17 Consolidated statement oi financial positlon 18 Chaflty statement of financial position 19 Consolidated statement of cash flows 20 Notes to the financial statements Bryson Charitable Group (A company Ilmlted by guarantee Reference and administrative details of the Charity. its Trustees and advisers For the year ended 31 March 2025 Tru5t••s P Elh'ott, Chair S Cutt4h, Hon. Treasuret E Joudeh N Quigky D Hughes N Meier DBak G Carson Company v•gist•r•d numb•v N1001319 Ch•rity f•gisl•red umb•r NIC101396 R•glst•r•d offlc• 2 Rivers Edge 13-15 Ravenhill Road Belfast Co. AnttAm BT6 8DN Ind•p•nd•nt audltor• Grant Thornton (NT) LLP Chartered Accountants & Statutory Auditor 12 - 15 Donegall Square West Belfa$t BTI 6JH Bank•rs Danske Bank POBOX 183 Donegall Squate West Belfast BTI 6JS AIB 11- 15 Donegall Square North Belfast BTI 5JA Solicitors Tughans The Ewatt 3 Bedford Squate EelEasc BT2 7EP B son Charltable Grou Acorn an limlted b uarantee Ke Mana ement Personnel CIM'ef Executive Officer Cluef Firtanci￿ OfficeL Head ofHR Dixector OE Recycbng D￿eCtor of Care Duector of Energy DArector of Business Development Shane Lowi Moya Johnston Gill IVti811¢ l950/0), and we played a key tole in titnely hospital discharges, benefiting both service users and conimissionets. son Charltable Grou com mited uaran Trustees, annual re ort For the ear ended 31 March 2 Out independent advocates responded to increased service demand acxoss all fiive T￿$t areis, working ivirli those Involved in f2mdy, chddcare, and leKAI PKoceedmgs. Ive received charitfible donauons to address tlie continuing cos¢ OE Ltvmg crisis. enabling Br5ison Care to alleviate tlie eitreme flnanci￿ pressutes OF almost 15.000 households across Northern Ireland tlitougli emergency reiLef. ndividu%ls and fainiiies living ivithin kcy catchinent aIcRs iveic connectcd to Briison's divcrse ncThvork OE interventions designed to rackje the root cAus¢s of poveIry and mi%imise ￿￿'vIduAl ind f•lmily potential. Our Anvolvement in the stafutory and voluntw sector reg)on#l response to those dAsphced persons Erom Ukx8ine. Syiia and AEgli8nistAn continued, supporting clie icsetdement of pcople Actoss id¢ntified local council aEeas. Soc111 ivoIk" educii Lion iemliined in miportAnt focLlS OE our ivorK-, deiieloping ind incr&i%ing ptxcuce le41rning expericnces 2nd Oppor￿n1￿c$ to engage ivitli service iisers tliiougli a range of internxl and ¢%ccrn1i I SOCAli l ivoik pliccmenrg across Nortliern Ire11r nd, supportin8 fiiNrc sociAI ivork exccllence. Vc continued to eNpAnd oiir ncivest iiinovnuiFC scrvice in rl)e ficld of trnnsgcneLirionRI collccuipc coinmlinity triumi in pirtnLLsliip ivitli i leiclin% inrLri1ltionAI cipcrt. incrcising tlic numher of srniip4 en￿4¢d in foiii, Ill nf ivlinm irc Ii%lil!r cngigc'cl 11 lid rc'SLilr5 11 rliiq cirli, srigc 1fL pruinising. The financAAI yeHr to 31 March 2025 shoivs & continuous UP1Vi￿d$ movemcnc for BThson Care ivitli stiong pcrformAnces 41cross all projects. A strong suiplus has bccni Icliieiped dLle to tlic siicce.ss of OLir domiciii,1111 Cilre provision in 2025 even tlie trpnsfcr of Eimily services to Blyson Energy (Bryson PAthiv%ys). We continue to elplore new opportunities Eoi groivdi ivhile strate￿¢￿llY m2nagAng costs for tlie continued strong finii rtcl￿ performance of Bryson CAre. Bryson Energy Over die coutse of the 12-mondi perAod to 31 st Match 202). Bryson Energy @ryson Paihivays) has continued to deknver ptograrnme outpuis acr055 Northern Ireland An severnl Areas.. Thtough sk￿ Based Training, the Cli￿lty has conunued to deknver key ttlining piogrammes includmg TrAining Foi Success and Skills for Life and Ivork and Apprenuceship NI ptogrammes funded by the Departmertt for the Economy. Tliese pro8rammes assisr young people to addiess personal and development needs And skJJs and qualifications to obtain employment 01 progress to lu'gher level educauon oi tr￿ung. Fmancial donauons also allowed us to enhance t￿Sting progE3mme piovision with i rooge of measures tntludLrtg Menr21 Health Suppozt and Emer8ency RelieE iniuatives. The Maximise Employment progiamme continued into its eontracted second Ye￿ in 2024125. Tliis programme supported econotnlc￿Y inactive people into employment. Ad&tsonal F￿anCIal support allowed us to enl)ance the existing programme provision ivith a range of measwes includAng Job R￿dY VocAtion21 Tra￿An8 and dw'tal 4uipment. Bryson Ener8y has continued to deb'vei and Support vulne£ible households with Energy Advice and Home SaFery ptogianunes such as the Home Hazard & SecuiAty PIogramme funded by BelEast City Council. MAnor Home Repaii scheme funded by MEhAP and the Soci21 SuFrmarket Programme 6Jnded by die Department for Cornmuniues. We a150 developed and delivered 8 Net Zero ¢2mp3i8n Eunded by charitabk donations. son Charitable Grou Acom an limited b uarant Trustees. annual re ort For the ear ended 31 March 2025 From the acquisition of the Adventure Activities provider 'Pathways' in Febtuary 2023, we have continued to expand our team buildtng. outdoot activitxes and tt%intng provision. We hive identified communitie5, Eamilies and individua15 in the greatest need, and provide tsiloied support thtough heald4 fitness, wellbeing and capacity buthling woikshops. We continued to enhance our and Play programmes funded by Bclfist Ciry Counci] and donations, gtowing our membetship base. Ancreasing our sctap colkcrions from businesses, ￿ reducing the amount of wa5tc thar ends up on kndfilL The ryioot Ciuse, tearn continued to delivci a range ofbupoke piogrammes undu the themes OE Income. Education. Employment. Envixonment and He￿th. Working with Ioc21 cornmuniues we identsfied and woIked to temove the Ioot causes And bArtitts of poverty to M￿lmist irtdividuAIs' potentiil. Family support and chxldren's 5eryice5 pro8ramme5, tailozed ro the need$ of ¢l￿d[en (aod their guardians), ontiibuted to P051tively impact those in the greatest need. Provision induded several Family Support prO￿arnMe$. NIHE Supportin8 People And 2 Sure Start Pfogrimmes (with expinsions). Over the course OE the year Bryson Energy has achieved A 29.70/0 inuease in Income and an inciease of ieserves OE 28.40/0 with the otgani$auort tAking significant strAdes in driving cost effiaencies 2nd improvements dwing a period of high inllats'on and cost of livin8 Crisis. The Charity has benefirted &om the tsY4ll5ftt OE Family Services and Root Cause activities &om Btyson Caie alongside a new initiauve UK Prosperity plus a full year's trading of Pathways (acquired in Febwary 2023). Skills and Training have maintained their position throughout the ye￿, The increase in reseryes of 28.40/0 to £1.667m alongside the sttong cash balance of £1 m puts the Chatiry in a good position to dtive improvements and activities to meet the f￿11 year of ati ambitious 3-year growth strategy. The Ch￿lty has continued to see growth in the delivery pio8ramme outputs across Northern IEdand particuknly around Ttaining foi Success, Creative and Activitie5 with organic ￿Owth An P*thway$. Bryson Recycling From commencin8 in 1993 as A 'cash for c2n5' scheme recyclxng alumirtum drinks, Brysort Recyding now operates in multiple juristhcuons. Oper*tions indude the coUectiOQ of household recyclables, residual waste 2nd 8atden waste, the operation of a materials recovery facth'ty, and household recyclmg centres. Bry50n Recydtng 15 0 social entetpilse, and as part of the Bryson Charitsble Group, profits are re-invested into the parent charity fot the debvery of suvices to those most in need, aUeviAting PoV￿ty and social disadvantage. The remainin8 profits are reinvested by Bryson RecydLng to itnptove the business artd invest An better ways to iecycle. Bryson Recycjing continues to build on its ketbside model of household 50rting of recycling at home through the sepAtate collection of ttcyclables using kerbside boxes rAther thart co-mirtgluig materials. The model his a pioven track recoId ol the reducuon in cost of material separation with a high-qualiry recydable matetial as a icsult. Bryson 15 also transforming the Household Recycling Centre (HRQ modeL maximising the u58bility of m2tetia]5 in the waste hieratchy with ieuse bein8 even better enviionmenrally than iecyclll]g. Bryson Recyding AS consrindy driving Its vision to Trcycle the Ibght Way, 2nd 'Choose to Reuse, in seeking better ways to Recycle & Reuse as part of its response to the dimate emergency and the need to estsblish a strong local citcular economy. Over the 2024/25 year, the organisation has strengthentd its presence in ROI and Wales and the substantial role ki it ¢Jn p]ay in achieving significant social and envAronmerttal benefits through the pIovision of training aod employment opportt￿ltte$, access ¢0 IowvCOSE quality goods. and better iesource use. Bryson has woo Sev￿41 tendets for renewal of contracts alongside a major new operation in Wths. son Charitable Grou Acom imited b uara Trustees, annual re ort For the ear ended 31 March 2025 In 2024/25 Bryson Rttycling has achieved tlie Following.. Collected 5epnrAced iecyciing mareria15 from 165k Iiou5elwlds iveekly. Collected residual ivaste from i9k houseliolds for(niglidy. Collected co-mingled recycling fiom 22k houseliold5 Eorrrnglidy. 'ServAced *pproiim•1telst 260k lioiises througli their material recycling facth'(I' (MRF) Provided a subscciptsoft garden waste collection to $2k households. Provided 231JO Bulky waste collections Serviced ovet 150k houses at its I I household recycling centses frIRC$) Over the course OE the 12-month period ro 31 st Mazch 2025 Bryson Recycling experienced a challeng￿8 ycai with flucruiting mAteri21 m2rlccts. Tlie a￿eCtorS considcI tliit tlic foUoivin8 key pciloimancc indicarois Ilre dic mosr cffcctivc mc.Isures to ¢vduAl¢ rlie pcrforinince of rlic bLisine55.' "furnoiier his increii sed bTr 80/0 to £?1.200.710 (2024.. £19,616,i96), SIIArcliolder5' funds £4,839,248 (2024.. L4,979.i43) Ivirli emplo!Tee numbtr5 marg￿2[[!1 reduced to 327 (2024. 333) cli4111engiiig cconomic condiuons rcsulred in 41 I'eir end prc-r1% siirpitis of [.810.977 compii rcd ivirli t927..339 iii rlic )riui i'i.Ir. Llr!'4on Ilcciicliiig liTrs cvntiiiiiLd ic) xvnrk ivitli m?1ii 411keliolclcr4 tlie UK Iiicliidiiig Ii)cil COLiiiciI I nd liuu$el)olclers, ii) urdLI to Liicuufii ¥L bi)Ih innov1t uonl Ind co8¢ ¥111ring% in tlitir ippronch to IV415fc In11 1111gcinLnr, Ivtth tftrget improvements in m2nRgxng risk and maAntiining bu5ines5 susrainabiiity. FinAI)cial RevieNv and Resiilts for the l.ear Bryson Cllrtiitiible Gmup is fi chl1 tiry ivhicli #ims to "m2kc tlie greaiest difference to thc grearest need" by maiimising potenual in tiie Areli s of heald). education, emplo}rn¢n4 liousel)old income and the ertilironment to end poverry. 2024125 Iv2S the second year of dic chArity's 2023 26 3-}pe•ir strAt¢gy. It ivas anotliei 5ucce55Eul year in ivluch tlie Chariry acliieved ics rarge¢s and is on plan to exceed its 3-year target5 by the end of 2026. Reach has exceeded Ihe 2024 target ivith over 80.000 peoplt helped and over 600,000 liomes served by Recyding. Quality and Safety remained strong as evidenced by Positive LxremaL scruuny {includ￿g RQIA, ETI. HSE. ISOS, external and intemal iu&t) CA8h at £ 7.4m continued to sttengthen with all subsi(kny compAnAes' cash-positive. Tlie Surplus of £lm iva5 sigrnficantly ahead of targer and all companics are tsad￿g profitably. All profits ￿e tt- invested for the benefit of the people tlie charity senres, Turnovet increased by 4.30/0 to £44.9m driven by incieased aCUVAues in both triding and charitable activities. son Charitable Grou Acom an limited b uarantee Trustees, annual ra ort Forthe earended 31 March 2025 Thehi hts of the ea so include., Emeigency relief provided to almost 15,0(A) households in f￿anCial distres5 Ovu 20,000 people hdped in addresslng the root causes of difficulty co maximise individual potenti9J AU three subsidiaries grew reach, improved qua]ity thd teturned a surplus All three 5ubsidiazies conrinue to be debt flee with stronger balance sheets and cash baIances A further £ sm new funding secured to hdp those in greatest need Sttengthened sales in con￿ gDd Denbighshire Household RecyCl￿g Cen¢ers Bryson Recycling secured long term contracts, winning ￿ 3 bAds in kerbsott and # significant new HRC cofttract in WAles Pathway5 acquired B?illie ConnoI which SIgn￿CantIY impIoves ow building tsade offering and presence in North Belfast Leading Iole in the ￿riVal of Ukraioian Re￿geeS Prior year Icctuitment of 5 new Tru5tee5 and 2 new Chairs across 4 b0￿dS have settled An well New Executive Diiectois in Cate and Recydin8 had successhjl fixst ye￿8 and fuxther stren8thenin8 plan5 in place for succession at seniot levds Intemational best practice ViSAtS to Eutope, GB and Irdand with strengtheniog of partnership 28reements. Iacome and Expettditute Account The 'Statement of Recommended Ptactice, (SORP) for chartties t4uir¢3 re$tsicted incorne to be tecognized the ye in which it AS received and any unspent income then transEetted to i restticted Eund to cover appIopriate funding pendirute. This cAn C94use IArge fluctuations in recotded 'net incoming / outgoing resources. on the StAtement of Financial ActivAties (SOFA), This annual report his been prcparcd on that b#sAS. Governing Document Bryson ChatAtable Gioup is a company ItyDAtcd by gU￿antee goveiaed by its Memorandum and Articles of Assoaation. The Trustees act within the poweIs outlined in the Chwty's Memorandum and Artides of Association. Bryson ChatAtable Gxoup is a registered chariLy with the Charities ConunissAon foi Noithein Ireland. Sttuctyte Bryson has devdoped its cotpoiate stNctuxe to consASt of the p￿ent chariry providing management suppor¢ 8ovetnance and e55ential programs and Eundirt8. There are 3 subsid1￿les. Bryson Care, Bryson Energy and Bryson Recy¢ling. Cate and Enttgy ate charities. Recyding is A trading social entetprASe. GovetnaDce 2nd Management The Board of Trnstees is ruponsible fot the overall governaoce of the Chltiry. Twstees are eitheI elected co-opted thd the number of Tn￿teeS may not exceed 15. Elected Tiustees may 5erwe two tern75 OE 4 years, with an option oFextension in exceptional circumstances. EEEecuve partnetship between the Trustees and Bryson's Executive Te￿n continues to delivei the oIgartisation's objectives. A Statement of Reserved Matters is in place which tecords the powe($ which are exclusive to the Board oETrnstees and provides a clear Eramework for the di$tioction between Boatd governance and the cxecuuve Managen￿nt control placed on the Chief Executive and the Senior Management Team. Trustees meet oft at least a quarterly basis to teview Strategy, operational perfoImance and fU￿ncl21 perfottnance. The Board of Trustees reviews its owa performance and the PerE0Im￿ce OE individual Tn]stees on an allnu￿ basis and takes any necessary steps to ensutt both continue to work weu. Pa son Charitable Grou Acom Ilmlted b uarantee Trust88s' annual re For the ear ended 31 March 2025 Each of the TNstees. being Ihe members of Bfjison, li%ve guaranteed to contribute to the ssets of Bryson in tlie event oFsAme being ivound up to tlie eltent OE £O.iO. Appointment of Ttustees: Thc Govunance and Nommations Committee leads tlie piocess Eoi appoinrments to the Board. New Trustees re recrLUted on rl)e ielevance of tlieir profession¢il skills and tlieir potential to be able to mfike i helpful contribution to the governance of the Ch￿lty. As part OE the reC￿l￿nent process they are mlde givare of Trusrees, legal obb'gations under charity and cornpany hw, the content of the Memorandum and Atticles olAssociation, the Board and decision mAking processes, th¢ business plan and tecent fJn2rtcial perfoimancc of tl)e chiriry. The Ttustees delegate the Lxercise of certain powers in connectson witli die minagement and administrxtion Is set out beloiv. "fiiis is conuolled by requiting regulfir reporung ro rlic bo.11d from tlic viiious Committees. so tl)Ir all dccisions, ml¢ dc undei delcgited poivers. can bc con5idcrcd ind tsflcd b? thc fuu Board m diic col￿$C. All"frusttes gji'c of d)eir IAMC ErLcly and no Tn151cc icceii'cd rcmiincrauon in clic year. 'ro 511pporc gnod %oircrnincc ind iiidependtftt oirersiglit. tlie Cvrniip t4c)Ird ivnrk$ tlimLigli tlic c5ribh'gli¢d siib- coininiitccs i￿111Cli iiicllide tl)e C¥OI'Lf1114 Iicc. &. Nuiiiiiiiti(>1)s (.oiniiiirrL'L. tlIL .-ILiclir iin£l Ilisk CoininiitLL', tIIv Invesrinciit C"rJininittcc, Ancl Ilr}-%on'% F.Iccurii'e '1 Cilln. Governance and Nominations Cornmittee: The GovernRncc ind Notninauons Comnuttec comprises "frustecs And othcr li dvisors ivho Andependent of tlie manAgement and fcee of an)1 Ielationsliip, Ivhich in tlie opinion OE rlie Board. Ivouid interfere wltli the ¢%erci5e of independent judgement as membcrs of the Committee. The Comrnirtee ivliich meet5 at le15t bi-llnnuill),, bu¢ Thlso vlicn deemed appropriatc, Is rcspon5ible for the selection, Lnducuon And ¢rauun8 of Truscees ¢ind Éilso die minc1gemenr of Trustees. In &d&'uon, tlie Cotnmittec m%intTrin5 dutie5 for tlie oveisiglit and developmenr of governance rangemertts including Ilie review and upd2¢e of rlic governance handbook, the development and implcmentAtion and review of goveinAnce procedures and ivhen necessarj, tl)e tevisiort of die governmg documents subiect to rhe 8pprov81 OE the mcmber511ip. The Committee ￿$0 recommend the Group's gencral remuneration pob'cy for appioval by the Board, set rhe remune(atson levels foi the Clu"ef Executive and Directors, monitot the level and structure of remunerauon Eor scnior Management And approvxl of Senloi Martagement remunerAuon. ievieiv the benclimarluns of salarie5 aC1055 the Group in line ivith pobcy, recommend any cost of living mciease for All srxff to the Board. and determine the policy for the scope of pension ariangements. Investmen¢ Committee: The Investment Committee comprises Trustees and other advisors wlio Are independent of the mana8ement #nd free of any relauonship that Èn tjie opinion of the Board would interE￿e with the ex￿CISe OE independeot iudgement as members of the Commitree. The Con]mitree meets at least bi-annually. It 15 chgrged revieivAn8 (he srtare8y, pohcs of Bry50n's Anvestment poitfolio And Advising (he senior stxff and Board accotdmgly. Audit & Risk Committee: The Audit & ￿'Sk Committee compris&8 Trnstees and other advisors who are independeni of the management and free of any relationship that in the opinion OE the Bo8Id of TIu5tee5 would mrerfere with the exeicise of independent judgemenc as members of the Committee. The Committee meet at lea5( guarierly. Itis responsible for risk assessment, iisk management. Antern21 conttol, management of the ielationship with intemal And LxternAI gudi(ois and Advising the Board accordingly. Executive Ditccto The Chief Executive and the Group Executive Team are responsible for the day-to-day m#rta8ement of Bry50n's affairs and for implemeniing pohcies a￿eed by the Board on Charitable Grou Acom an Ilmlted b uarantee ruste For the ' annual re ort eaf ended 31 March 2025 Employees Bryson aims to be an organisation where employees enjoy a sense of fulEJrnent #nd where they feel suppoited and devdoped. Bryson has procedures both formal and infonnal Foi consuiring its employees keeping them as fully inforned as circumstances permit An all matters of concetrt to them. Bryson attaches importance to equa￿'ty of opportuniry in employment irrespective of disability, rice, Iell￿on or gendet. Employees are kept Eully infornied about its stsate8y and objectives, as well as day-to4lay new5 and evenrs. Regular infollnation about the org2nisation is available through meetings, brief￿g$, and the website. All en]ployees are encouraged to ￿ve theAr suggestions and views on performance and Are Anvolved in the development of both strategy and objectives appIopIi8tc to their atea of work. A policy of rectuitment and promotion on the b15is of apti￿de thd abAIity without d￿c[imInation AS followed. It is poltcy to ￿ve full considei#tion to suitable aPP￿.caU0nS for employment from people with th'sabilities. Staff with disabjknties are ell￿ble to p￿ticIPate in all development oppotDJnities avadable. OpporNnities also exist fot employees who become th'sabled to continue in employment or to be ts#ined for other positions in Bryson. Bryson AS committed to the training, career development and promotion of all employees. An individual's care development is assessed through annual perfomiance review ond superyision. Training ptoyams are piovided to meet any ongolng needs. with che aim of developirtg employees foI both their cuttent and the(r Future ioles and aligned with personal development plans. Bryson continues to have a large ArAvolvetnent with trgifLing schemes foi unemployed and 5ttivc not onty to provAde trainin8 by also employment and development Eot suclj individuals. The£e are no private benefits to inth'viduals connected with the oigaftisation other than the payment of SaI￿leS to stsff, whtch AS a necessary iequiIemen¢ in order to provide services and thuefore incidental to the carryins out of the purposes. During the pattdemic, 2n employee hardship fund was created to assist staff in acutt need. There is a iegular Ieport ro the Gzoup Board and the fund is admintstered by an Assistant Director. Financial Managemenf Policies Resetve8: Unresttlcted reseryes are defmed as those asset5 in the unrestricted fund of Bryson that the Ttustees have or can make available to Ipply for all or any of its pU￿0$e5. once they have provided foi the liabAliti¢s of d&y-to-day ope£arions. iogether with any commitments of Bryson and other planned expenditure Intended to be met &om the assets of the unrestricted fund. Bryson plans fot ￿Qwth irt the short to rnedium term and will strive to increase untestsicted reseryes in the comin8 years. A surplus financ￿ positton has been budgeted foi Bryson for the 2025/26 financial year as investmertt An the past yeats has created i strong platfotm from which to 8fOW, Strengthen the position to tendet, and piovide itnproved financial Ietutns. We plan to erts￿e all Ch￿Itable subsithary compatiies will be able to maintain i levd of three months expenditute as unrestrACted reserves in the $hoIt to medium tert We plan to ensure our social enterprise subsith'ary has sufficient reserves to fimd woIkirtg capital along with Eutu development plans. Pa on Charitable Grou A¢om limlted b uarantee Trustees. annual re ort For the ear ended 31 March 2025 Investment Policy and Perfornlance: The pic5eoi investment polic)i is ro m2Kimize the long-term return of Br)'son's investment fund5 subject to the risks normlqlly a55QC11red ivith a ba11nced approa¢li ro portFob'o mani1gem¢nr ivlulst liavin8 regard ro An erl)ical stance. In line ivirh the Investmcnt Polic!. Bryson expects its fund managei to invest only in companies rIili I liave appropriglte governtince. eiliical ind social tesponsibAb'ry pokncies. Tlie perFormance of die funds is measured figainsc an agreed benclimark And other relevanc indices. The full valuauon OE kisrcd ￿veStmentS as it 31 M1￿ch 2025 increased to £3.5m (2024 .. D.4m). Plans for Fiittire Periods Bry50n c.%ists (o make the grei1test diffcrcncc to Illt gie1tesr need And ultim#tcly cnd POiTeKV)' As ive entei tlie fin11)ycai of oiir 2023126 stratebry ive i1re focused on ending povert), tliiougli malitnising porenti #nd rec)'ckn'ng rhc mosr envuonmentillv efEecUI'e iva),. Ending poverry is bi1sed on driving permnnent improv£mcn¢ in Educnuon, Helllrl). Emplo!Tmeni and ensuring net zero cmissions 1re acliicvcd in tlie tnost deprived Ilreas f￿8¢. Rec)IclJ'n8 is ilso bi.sed on icsult% - fociiscd on de￿Ve[Ln% leidinR inicinAtson#l reevclin¢ rl¢ tc*. "I lic cl111 riii 5 fL'4iilr% iii 2024125 ivere iilieiid r)E rliL StraiL.￿t plin. Tlic main acuons For 2024/26 Art.. l. Best practice- con(inuc to cliallen8e al] service5 11 giunst lead￿8 mtern%ttionAI Pixctice 2. Results- delivex tl)e results ivhich ivlll end poverry permAnentiy. PeIEorm%nce mjnagemcnt ro cover stAff And All ?cuvitJ' 3. Funding- confinuc to grolv both philancliropic and public sector fund8 througli dc￿Ver1ng ? better return on mvestment thrtn any alteinauve ptOVAder 4. Net zeio- pilot and lobby Eor fiinding irtto houses to bc prioritssed into the pooresi housin8 5. Succession- continue (o bU￿d senior leaders ivho can drive tlie ¢liaiity's performance into tlie 2030$ The charity lias pioven thar ir has rAO¢ only dekn'veted but succeeded under the most difficult and stressful of circumsrances. Ivith n eKperienced and influenual Board, a Scrtiot fvlAnagement T¢am driving agAins¢ a simP￿.fACd but cliaUeng￿8 KPI scorecard The chAnry have il(eidy in the eaily stages of the 2025126 fAnanciil year taken advan(a8e of a number OF opporruniues, continued to grow our reach, and ate bAdding for exuuog new conts8Cts. Bryson Charltsble Group (A company Ilmlted by guarantee) rustees. annual re ort For the ear ended 31 March 2025 Trustees. Res onsibilities in Relalion to the Flnanclal Stalements The Cha£ity Tn￿tte5 who ate Also ditectols for the putpose5 of wmpiny law, arc responsible fox piepating the trustees, tepoit and the fmancial statements An accoIdance with appb'cable law and United Kingdom Accountsng Standards (United Kingdom Generally Accepted Accounting Practice). Company Jaw requires the charity trustees to prepare fmancthl starements foz each year w￿ch 8Ave a tNe and fair view of the state ol thffairs of the charitable company and the incoming Iesowces #nd application of resowces, Artduding the income and expenditure for that period. In pieporing these fin8ncial statement5, the trustees zequired to: Select suitable accounting pokncies and then apply them consistendy. Observe the methods and prAnciples in the applicable Ch￿ltieS SORP. Make judgments and ttccounting estimates that are reasonable and prudent. State whether applicable UK Accountins Standards have been followed, subject to #ny rnateriai departures disdosed and explained in the fjnancial statements. Prepare the f￿ana￿l statements on the going concem basis unkss it is appIopziate to piesume that the h￿lty will continue in busine$5. The Trustees are respon5Able foI keeping adequate accounting record5 that are suffiaent to show and explain the chAIity's ttansactiolls And th'sclose with ieAson%ble accuracy At lay time the fmAncial position of the chuity and enable them to ensure that the £￿ancIal statements comply with the Companies Act 2006. They e also iesponsible for safegu￿aing the assets OE the chatity and hence Eor taking reasonable steps foi the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integllty of the corporate and fjnancial inEorn)ation included on the chAritAble compony's website. Le￿slatIOn irt the United Kingdom goveitiing the PreP￿tiOn artd dissemination of financial statements may difftt from It￿Slation irt other jurisdicuons. talement as o disclose to our auditors Each of the per50n5 who ts 8 tnJ5tee 8t the date of approval of thi5 report cOnf￿mS that.. So far as each trustee is #wue, there is no rdevllnt audit infonDation of which the Charity's auditoi is unawar4 Each trustee h25 taken all step5 that they ought to have taken as a tNstee to make themselves aware of my relevanr audit inEotmation And to establish that the Ch￿ity'S authtor AS aware of that inForniatiOn. Approved by oIdu of the members of the boatd of Ttustees on on their behalf bT. and signed . S4fk '1( P Elliott (Chair of TLUStees) (rrnstee) S Curragh GrantThornton Independent auditors, report to the Members of Bryson Charitable Group Oplnion We have auditcd the financial statements of Bryson Cliarltable Group (the'parcnt Chatity) and its 5ubsidiarie5 (the 'Group'), which comprlse the Cons0￿d￿ted Statement OE Financial Activiue5, the Consoiid%ted and Chnrity B21ance sheers, tlie Consokndated Statement of cash flows for tlic financial year ended 31 Mi1tcl1 2025. and tlie relared notes to (lie fin1nattl srntemenrs, includ￿8 A summilry ol sjgnificii n¢ accounting pobc￿S. Thc fin1ncial rcporiing Framcivork rliit liis bcen ipplicd in thcit preparlltion 1$ 14 ppkncAblc lil iv And Unitcd Ku)gdom Accounung St2nd41rdq, including rtiiincial Rcportiiig St1ndtird 102 The Finincial ReportAng Stind1Kd ipplic1ble in the UK 4ind RePUb￿C ol Izeliind, (United Kmgdom Generally Acccpted AccDI)nting PrAcucc). In oiir opinion. Bryson Cliiririble Group'5 f￿lAC1.￿l $t•1rem¢nrs'. -oirc a rrLIC' triiid fiir iTjL'iv in iccnTdfiiice iiiirli Unircd l4irii)i1 ()[ rlic Cil'C)LlP'% ai)Ll (LIL, CI114 Iiri. It r .31 li Iircl) ?02.5 111iJ ot tliL. (J foLII) f￿￿ncIll1 pcrforii)ai)CC lid C14 511 fluKk5 tur Clic Fll)xiicial ye8r Iliei) elided. 8iid liave been prepAred in accordiince ivitli rhe rcqiiAremenis of Ilie CompAmc5 Act 2006. Basls for opinion We corlducred our audit in Accordince ivttl) Inrecnauonal StAndTri rds on Auditing (UK) CISAS (UK),) and Applicii blc lalv. Our Lesponsibitsucs urtdei diose standards are furtlier described in tl)e 'Responsibibties of the Triiditor for ille Audit of the financial stAtemenrs' section of ouc rcport. Ive 41r¢ independent ol rhe Group And Cli￿Ary in Accordance virli tlie ethic31 requ￿eMentS that Are relevan¢ (o our Audit of tlie financial sr41rementS An the United K￿gdOrn, namely die FRC'S E1￿Cal Standard and tlje ediic21 pionouncemen(s esrabkn'slied by Chllrtered Accountants Irelxnd. Pp￿ed as determincd to be approprAAte An die circumsrAnces of die entity. Ive liave fu]f￿ed od)er etku'c¥J responsibijiues ￿ accordance ivith these requArements. We bdieve diat tl)e auth't evidence ive have obt2Aned is 5uffAaent and ippropriite to prOV￿e a basis Eor our opinion. Conclusions rolating to going con¢•m In auditing the financial statements, we have concluded that the Trustees, use of the gomg concern basis of accouniing in the prtparation of the f￿10(141 stzteTnents is appropriate. Based on the ivork we have performed, Ive IIAve not identiFied any matetial uncertAinUes relating to events or con&uons thai indivldually ot collecuvely, may cast sigrnfLcant doubt on the Group's or the paIenc Chariry's abijiry to continue as a going concern foz a petAod OE 3t least twelve month5 Erom the dare when the F￿ancIal statements aEe authotised lor issue. Our iesponsibiiitses, And the tesponsibiLities of the Tmstees, wirh iespect to going concern are described in the rdevant sections of tlu's ttport. GrantThornton Independent auditors, teport to the Members of Bryson Charitable Group (continued) other information Other infonnation comprises the information Artcluded in the Annual Report, other than the fAnancial statements and our Auth'tot5' repott thereon, including the TIustee5' Report, which includes the Director5, Report and the Strate￿¢ RepoIt. The Trustees ate responsible for the othei information. Our opAnion on the [￿ancIal statements does not covet the informaaon and, except to the extent othenvAse explicitly $tared in our report, we do not express any form of assurance condusion thereon. In connection with 4uth'¢ of the fmincial statements. our responsAbAlity is to iead the othet infoim4Uon and, in dosng $0, considet whethez the othet infomiation is materially inconsisteot with the f￿￿claI ststements oz our knowledge obtained in the audiL or otherwise appears to be materially misststed. If we identify such mateii81 inconsistertcies An the fAnancial statement5, we are required to deteimine whether there is a matUi81 mis5tarement in the fmartciai statements oi a matellol misstatement of the other inEonnation. If, based on the woIk we have petfoimed, we condude that theIe is a matellal misstatement of this othet ArtEorniation, we are r4utred to Ieport that fact. We h8ve nothing to report in this regard. Oplnlons on other matl•rs pr•s¢rlbed by th? Companl•s Act 2006 In ow opinion, based on the woEk undertaken IA the cowse of the audir. the inFomiation ￿Ven in the Trustees, Report, which includes the Direct015' Report artd the Str8teyc Repoit for the financial year for which the ftnancixi statements are prepared is conststent with the finanual statements, the TDJStees' Report, which include$ the Directo￿, Report and the Strate8ic RepoEt h45 been piep¥xed in accordance applicable legal Iequirements. Matters on whlch w• ar• requlred to report by •xcepllon In the light of the knowledge and undet8tanding of the company and its environment we have ob(gined in the coutse of the audi¢ we have not Ident￿ta material miss￿teMentS in the Trnstees, RepoIL which indude5 the Directr)ts' RepoIt and the Sttattgic RepoLt. We have nodking to Keport in respecr of the following matters in relation to which the Cornpanie5 Act 2006 requires us to ieport to you if. in our opinion: adequate accounting iecords have not been kept by the parent Chariry, or reNrns adequate for our audit have not been ieceived from b￿ncheS not visiied by us. oi the pacent Charity fjnancial statements are not in agreement with the accounting iecotds and ietUrn5: 01 certain disclosures of Trustees, temuneration specifAed by law are not made; o we have not Ieceived ali the infonrAation and explanations we iequite for our audit. GrantThornton Independent auditors, report to the Members of Bryson Charitable Group (continued) Responslbllltles ol m•nagem•nt •nd thos? ¢harg•d wlth gov•rnance lor the financlal statements fvlanagemenr is responsible for tlie pieparauon of the financjal 51a(emen¢s which ￿ve & twe and Ei2if VAeiv in accord41nce ivitli Uniced Ktngdom Genernllj, Ilcceptcd ilccounting PrAcuce, includxng riisio? Ind for qucli ifttornil ¢onuol 11 S tlic TrLlSiC¢S dcterminc 15 llcccsslirs, to enible tlic PiCP1f¥iuon of finl1 nci?I S114 tcments tlillt are Erce fiom miteri¥il misstaremcnt, Ivhetlier diic ¢0 fr11 ud or crror. In PfCP¥Lring tlie finincii11 st1temenrs, m2nfigcmenr is responsible For asscssing tli¢ Gioiip ind Cliélriry's abdin.. ro conuniic 7$ li going conccIn, disclosing, as ppkncible, m?tter8 telli tcd to going concern id nd Liqing ¢l)c soinq conccrn bil 814 of 41CCOLIIIUI)x iiiilL%N 11111 1111gLmLiil Liil)cr inreiicl t() li411idire tliL GroLIP Iiid C. liirin. or Fo CLIKL LLP Cliarteted Accountftnts & Statutory Aiidiror Bellast Dale: 29 September 2025 Bryson Charitable Group (A company limited by guarantee) Conso]idated Statement of fmancial activities For the year ended 31 March 2025 Restricted Untestricted funds funds 2025 2025 Total Funds 2025 Total 6Jrtd$ 2024 Note In¢om• from: Donations and legacies Chatitable activities Other trading acuvitie5 Investsnents Othtt ￿cOMe Tot•1 In¢•m• 2,463 14.996,563 21200,710 3,612 233,583 36,436.931 2,463 23,483,348 21,200,710 3,612 233,583 44,923,716 5,073 23,172,218 19,616,596 77,336 188,887 43,060,110 8,486,785 8,486,785 Expendlture on: Raising funds ch￿ilable activities Total expenditure 19,389,657 16,205,996 35,595,653 19J89,657 24,692,781 44,082,438 18,270.393 23,949,048 42,219,441 8,486,785 8,486,785 Net 8ams/Oosses) on investtrlents Net Income before taxatlon 100,967 942,245 100,967 942,245 202,280 1,042,949 Taxation 12 48,728 990,973 48,728 990,973 (221.996) 820,953 Net Income after taxallon Transfers between fund5 21 Net movement In funds 990 973 990 973 820,953 Reconcllialion of funds: Total ￿ndS brought forward Net movement An funds 71226 12,950,450 990,973 J3,021,676 990,973 12.200,723 820.953 Total lunds ¢affied forward 71,226 13.941423 649 13,021.676 The ConsoIidgted statement of F￿ana81 activities Andude5 all gains 2nd losses recognised in the year. AU gAins ind los$e5 ieco8ntsed in the year relate to the continuing operations of the 8fOUP. The notes on pages 21 to 52 form part OE these financial statements. ryson Charltable Group {A company limited by guarantee) Registered number: N1001319 Consolidated Statement of fmancial Position For the year ended 31 March 2025 2025 2024 Note Flx•d ass•ts Intan&ble assets T￿n￿ble asse(s Invesrments 13 14 15 (102,415) 9,315,161 3,557,347 12,770,093 (193.906) 8,571,029 3,454.027 11,831,150 Current assets Stocks Debrors Cash at bank And in11iiid 16 17 44,794 4,032,133 7,442,173 11,519,100 69,472 4,735.610 7,025,263 11.830,345 Creditors.. arnounts fi￿n8 diic ivitliin onc i',cAr 18 (8,277,721) {8,838,289) Net curTent a?Set3 3,241,379 Total assets less current liabilities 16,011,472 14,823.206 Credirors.. arnounts falling due aftei mole tlian one }pear Provisions FOI lilibiliues 19 (1,390,196) (608,627) (1,144.175) (657.3i5) 20 Total net assets 14 012 649 13,021,676 Charlty funds Restricred funds Unrestticted funds 21 21 71,226 13,941,423 71,226 12,950,450 Total funds 14 012 649 13.021.676 The Tru5tee5 acknowledge their responsibiliues fot complying with tl)e requirements of the Act with respect to accounun8 records and preparauon of f￿ancIal statements. The [￿4nCili I statemenrs wete #pptoved and autliotAsed for issue by tiic TNstees on signed on their behalf by. 21'W'a( O-a t/&o*- P Elliott (Chair oETzustees) S Curragh crrustee) The notes on pa8e$ 21 to 52 form part of these F￿Ana￿l statements. Bryson Charilable Group (A company limlted by guarantee) Reglstered number: N1001319 Charity Statement of financial Position For tha year ended 31 March 2025 2025 2024 Note Flxed asMts Tangible assets Investsnents 14 15 2,065,514 5,791,280 7.856,794 2.132,639 5,686,701 7,819,340 Current a55•ts Debtors Cash It bank lod in hand 17 58,545 2,409,856 2,468,401 48,825 2.167.571 2.216,396 CieditoIs; amount5 fallm8 due withirt one yea 18 3.426,139) 3,173,141 N•t ¢urr•nt Il•biliti•s l assets (9S7,738) (956,745) Total assots less eurrertt liabllltles 6.899,056 6.862,595 T•t•l n•t ass•t8 6,899,056 6,862,595 Charity funds Restricted fuThds Unrestticted fimds General funds Revaluation Ie5erye Total urArestsicted funds 21 7a07 7,307 21 6.891,749 4,786,374 2.068.914 21 6.89L749 6,855,288 Total fvnds 6,899,056 6,862,595 The Trustees athiowledge theit rcsPonsAbi￿'lles fot romplying with the requArements of the Act with respect to accounting records and prep￿%￿Ort of fllwiciai ststements. signed on their behalE by: . 34°$1iC . P Elliott (Chair of Trustees) S Curragh n￿tee) kjl The note5 on pa8es 21 to 52 fonn part of these f￿anCIaL statements. Bryson Charitable Group (A company limitsd by guarantee) Consolidated statement of cash flows For tho year ended 31 March 2025 2025 2024 Note Cash flows from tsperating a¢tivi*ies Net cash genervlred ￿ operating Acuvitses 24 2,192,105 2,487,477 Cash flows from InvestSng •etlvltS•¥ Pioceeds from the sale of tan￿ble f￿ed assets Purchise of tangible &xed assets Purchase OE cash investmenrs Procceds of di5P04AI of c1511 invesrmcnr5 (1,932,836) (1,858,918) (3,510,091) (155.414) 3,507,738 78.079 Net cash (used In)Iprovld•d by Invostlng actlvltles (1,935,189) (1,9J6,2i3) Cash flows from financing activities N.Iciv¢mL'nr iii lin•ncc l(.¢ 4CS 161,103 141111.1174 N•t cash us•d In Ilnanclng •¢tlvltl•s 161,103 800,874 Change In cash and cash equlvalents in the year Casli And casli e9uivalents ar rlie beginnmg of the year 418,019 7,024,131 1,352,098 5,672,033 C•sh •nd c•sh •quiv•l•nts •t th• •nd of th• y••r 26 7,442,150 7,024,131 The notes on PAge$ 21 to 52 form part of these Flnknual stafements Bryson Charitable Group (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 Gèneral infornialeon Bryson Ch￿itable Group AS a company lllnited by guarantee in Northem Ixeland, inco￿0[#ted under the Companies Act 2006. Its registered oEfice is 2 River5 Edge, 13-15 Ravenhill Road, BeifasE Northern Iteiand, BT6 8DN and it has company re￿StratiOn number of N1001319 #rtd chatity I¢￿StratiOn number of NIC101396. Aceounting polieies 2.1 Basls of pr•paratlon of flnanclal statements The f￿ancial statements p£ep￿ed on a going concern basis, under the histoiical cosi convenuon unless otheThvise noted in the accounting policies below. They have been prepared in accotdance ivith applicible law 8nd accoununs standuds A55ued by (he Finanaai Reporting CouncAL AfAcluding (FRS 102) The Financial Reporting st￿dard apP￿.Cable irt the UK and Republic of Iieland (FRS 102) and the Statement of Recommended PIActtce- Accounting and Reporring by Charities, effective 1st J2nuary 2019 (SORP). Bryson Charitable Group meets the definition of a public benefit entiry under FRS 102. The cons0￿dIt¢d statement of financial activities (SOFA) and Consoll'dated balance sheet consokndAce the fmancial statements of the CharAry and its subsidiary undettakings. The Iesults of the subsidiaties are consolidated on a kne by line bO$A$. On 30 Septembez 2019 the Bryson Care CAt￿ed into a d)arity combination with Bryson Interculrural and Bryson Energy enteted into a chatiry combAnation Bryson La8an5POrts and Bryson FutUresk￿s, both of which met the requirement of Section 27.4 of CharAtie$ SORP (FRS 102) - Criteria for merget ac¢ouniin8. Accordingly¥ the combination hAs been accounted foi 8s 8 metger. As a resul¢ the fmancial statements ate ptesented as if the combination had been effective from l Aptil 2018. The Chariry has taken advantage of the exemption allowed undet section 408 of the Compaoies Act 2006 and has not pIesented its own Statement of flluncial activities irt these EJnana￿ statements. The Ch￿lty h35 taken adv3atage of the following disdoswe exempuons in prepating these f￿anCIal statements, as pezmitted by FRS102 "The Financial Reportmg Standard Applicable in the UK aod Ireland": - the requixements of seciion 3 Finanaal Statement Presentation paragraph 3.17(d)' - the requirements of Section 33 Related Party Disclosures p￿AgraPh 33,7. - the requirements of section I l Baslc FAnaoaal Instruments p￿agraPh 11.41. The prepatation of [￿ancIal statemertts in comphance with FRS 102 requires the use of certain critical accounting estitnxtes. It also requires min*gement to exercise judgement in applyAng the Company's accounting P0￿CleS (see note 3). The financAaJ statemencs are prepared in sterlin8 (4), which 15 the functionaE currency of the enuty. Bryson Charltsble Group (A company limited by guarantee) Notes to the f￿ancial statements For the year ended 31 March 2025 Accountin9 pollcies (continued) 2.2 Basis of consolidalion Tlie consolidAted f￿￿ncI&l sntcments present Il)e results of the Chil rity and lis oivn subsidiaries ("the Group ) as if they form a SAngle entity. Intercompany tcansactions and balartces beNveen group companics are theteEoie ¢lAminated in full. Tlie conso1￿8ted fmincial statements incorporli tc the results of business Combinauons using Ihe purchase metliod. In die Statement of f￿AncIal position. the acquiree's idenufi*blc ¥¢sseis. b'abih'ues llrtd coi)tingent liabthtses are initiallii recognised Ilt tlieir l¢lif V14 lue5 at flic acquisiuon dÉ1tc. Tlie rcsults of IcqU￿ed opcr1uons 11rc incliided in Ilie Consokn'dli tcd Statcmcnt of finiincii11 ilcuvitses from Ilie d1te on wluch control 15 obcslincd. -fiic!' arc decon501idared from tlie date control ce11 ses. Thc Company l11& s fAkcn adiryntigc of tlie eiempuon alloivcd itnder secuon 408 of rlie CompAnJe$ Acr 2006 find lilis not prcscntcd ic$ oivn Incoine 4tircmenr in rlicse finftiici¢11 st41rcmeiits. "fiic108% 1frer M.K o Il)¥ l)*ifLliI Cump1nJ' l-()r rlic VL'1l1 Ivii % L3(),4(J l. 2.3 Golng conc•rn ..Ifrer rcviciving rlic cli%rity'5 foieci1StS 11 nd projecuoiis, rlie trLisrec$1111 Ve X ItASonoblc CKPeCtAuon tl)Ir the cliiriry hgs adcqu%te resources (o continiie An oper41tionnl existence for the forcsceablc fLlture. The ch￿lty therefore continues to adopt the going conceirt bftsis in preparing i¢s statemenrs. 2.4 Incom• AU income is tecogrnsed once Ihe Cliariry has entidement to the Ancome, it is probablc diat tlie income wjll be received and tlie amount of income receivable can be mei1sured reliably. GrAnts are Ancluded in the ConsolidAied sratement of fmancial 8cUviUes on a receivable bisis. Tlie balAnce of income receAved for specific purposes but no¢ eipended during die period is shoivn in the ielevant funds on the BÉ11ance sheet. Iwhete Income is received in advance olenutlemeTht of zeceipt. its IecogNtion Is deferred and ￿(luded in creth'¢or8 as deferIed income. Ivhere enudemenr occurs before Ancome is received, die income is accwed. Othu incotne is I￿ognIsed in the peziod in which it is ieceivable and to the extent the good5 hgtve been provided oz on compleaon of the service. Income from contracrs for the supply of st￿lee$ is recognised with the delivery of the contracted servACe. T￿"5 is dassified as Utirestticted funds unle55 there is a conttactual requirement for it to be speni on a particular putpose and returned if unspent, in whLch case it may be regarded as Iestricted. Revenue fiom a contract to provAde services is recogrnsed in the period An whtch die Services are piovided in a¢¢ordance with the Sta￿ of cornpletiort OF tlie contract when all of tl)e Eollowing conditions tte 52tisfied.. the ?mouttt of revenue can be meosured it￿*bLy. it is probable that the Group will receive the considerauon due Und￿ the contract; the 5r3ge of completion of the conttact it the ertd OE the repoIting period can be measured reliably. and the cost5 Anculled and the costs to complete the contrict can be measured xeliably. Bryson Charitable Group IA company limited by guarantee) Notes to the f￿anCIal statements For the year ended 31 March 2025 Aeeountlng pollel•s l¢ontlnued) 2.5 Expendlture Expenditure is iecognised once there is a legal oz constructive obligation to transfei econornic benefit to a th￿d parry. it AS Ptobable that a transfer of economic benefits will be iequited in settlement and the amount of the obligation can be measured reliably. Expenditure AS dassified by activity. The Costs oEeach activity are made up OE the total of direct costs and shared costs. indudwig support Costs involved in undeitaktng each activAty. Direct Costs attributable to a SAngle activity are allocated ditectiy to that activiry. Shared costs which contribute to more than one activlty and support costs whjch aze not artributabie to a single 4ctiviry ate apportioned between those Activities on 4 bA5is con$istent with the use of resowces. Centsal staff costs are allocated on the ba$i$ OF time spent, And depreciation ch#tges allocated on the portion of the asset's use. Expenditure on ch￿1t&ble activities is incurred on directly undertaking the activities which further the Group's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.6 Research and development Development costs ue capit81ised WAthin inungAble assets where they can be Adentified WAth z specific product OI project anticApated to produce future benefits, and are amonised on the sttaight line ba51s over the anticApated kn'fe of the benelits arAsing from the completed product or project. Deferred research and development costs are reviewed annually. and where future benefits are deemed to have ceased or to be in doubt, the balance of any related rese3cch and developmeot is written off to the Consolidited statement of f￿ancIal Activities. 2.7 T•xatlon The Chaiity is considered to pass the tests set ou¢ in Patagraph I Schedule 6 OF the Firtartce Act 2010 ind therefore it meets the definition of a charitsble company foi UK Co￿0[aU0￿ tax putP05e5. Accordlngly, the Charity is potentially exempt fIom taxation in iespect of income or capital gains Ieteived within c*tegorie5 covered by Chapter 3 Part I l of the Cotpoiation TAX Act 2010 or Section 256 of the Taxation of Chargeable Gains Act1992. to the extent that such income ot gains Are applied exdu5ivdy to charitable PUIPOSCS. Bryson Charltable Group (A company Ilmited by guarantee) Notes to the F￿ancial statements For the year ended 31 March 2025 Accounting polieles Icontlnued) 2.8 Intan9ible assets and amortisation Negative goodivill is capitalised and recognised An tlie stll tement of ncial 11 cuvities in the period in vhich non-monetary A$5¢ts ate ie¢overed. which is Consid￿ed to be over 5 years. Amortssauon is calculated to wzite off the cost of 3n 3sset, less 1¢5 estim8¢ed residu￿ value, over the useful h'fe of that gssei. Illl intan&ble asset$ are consideied to liAve a fmite useful kn'fe. If a rckn'*ble estimate of die useful liFe cannot bc mildc, (hc useful kn'fc slifill not clcecd ren y¢irs. Ilmorusftuon is provided on inringible g$SC¢S At rates calculated to ivrite off rhe cost of eAcIi 11 $scI on strAAglit-h'ne bisis ovel its e.Kpecr¢d useful ￿'[c. ¢Kinorus1uon is provided on tlic fouoiviftg base4'. l)ii-'L,Iiipii)ciir L'ii)iiiiliiLifL' Negative goodivill ?0g/u 20ts/0 rriiglii iinL Suaiglit I￿e Bryson Charitable Group (A company Ilmited by guarantee) Notes to the fjnancial statements For the year ended 31 March 2025 Accountin9 pollcles (contlnu•d) 2.9 Tangible flxed asS•ts and depreclation Tan￿ble fixed issets other than land and buildmgs ate initially recogrnsed 2t cost. After rttognition. undet the cost model. tangible fjxed assets are measured at cost less accumulated depreci2ti0n and any accumulated imp*1miertt10sscs. AU costs incutted to bting fd tangible fixed isser into its intended woiking condition should be included in the measwement of co$L Land and buildings are initiAlly tecogniscd ot cost. Aft￿ recognition, undez the ievaluation model ran&ble fjxed assets whose fait value can be measured reliably shall be carued at a revalued amounL being their fair y￿Ue at the date of ievaluation kss any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are made with 5uffiuent Iegulan'ty to ensure that the carrying amount does not differ mitetially fIom that which would be deterniined using fair value at the end of the ieporting date. Fair values are deterniined from m￿ker-baSed evidence by appraisal that A5 nomully undercaken by pioEcssionally qU￿lfied valuus, IE thete is no market-based evidence of Flir value because OE the 5pecAakn'sed nat￿e of the t￿n￿ble f￿ed Asset and it AS IaTdy 501d, except as part of a contributing bu5irtesS, ChaKAty may need to estimate fait value using an income or depreciated replacement cost apptoach. Giins and losses on revaluation ieco8nised in the cons0￿dIted statemertt OF fmanci#l activities, with a separate ievaluation reserve being shown in the Statement of tunds note. Deprcciation AS charged so as to allocare the cost of tangible fixed a55ets kss their residual value over their estimited usefid IAves, USAng the str4ht-Ime method. Depreciation is pIovided on the following basis.. Freehold ptopetty Plant and machinery Motor vehides FixDJte8 and fittings Office equipment Straight ]ine Str2i8ht bne Str4ht line Sttaight line Stsaisht line 250/0 250/0 250/0 259/0 2.10 Inv•stm•nt8 Fixed a55et investments are a forni of financial instrumeot artd are inAtially iecognised ar their (ransacti¢)n cost and subsequendy measwcd at fair value at the Balance sheet date unless the value cannot be measured xekn'ably in vA]ich case it is measuted #t cost less impatrment. Investsnent gains and losse5, whether ie8Jised or unrealised, are combined and presented As 'Gain5/(Lo ) on investments, in the 55e5 Consolidatcd statement of fmancAal activities. Investtneots in subsidiaries ¥tt valued at cost less provision for impainnent. 2.11 stocks Stocks att valued at the lowet of cost and net reaIi5able value aEter making due allowance foI ob50lete and slow-moving stocks. Cost includes all direct costs and an appiopIiate proportion of F￿ed and vatiabk overheads. Bryson Charitable Group (A company limited by guarantee) Notes to the flnancial statements For the year ended 31 March 2025 Aceountlng poliei•$ Icontinu•d) 2.12 D•btors Tride Jnd otlitt debtols e Eecognised at the setdement Amount after Rnv rradc discolinr offered. Ptepiyments are valued #t the amourtt prep%ud net OE any trade th5counrs due. 2.13 Cash at bank •nd In hand Casli it b¢ink and in hgnd includes Cli sh 11 nd sliorr-term highly h'quid Anvestments WAtII A 51)ort my4r￿lry ol three mondis 01 less from the date of acquisition or opening OE the deposlt or Sitniliif li ccoiint. 2.14 Liabilities and provisions Liabiliue$ and provisions are rccogni5ed ivlien rlierc is an obkn'giiuon ar rlie BalAnce sliect date lls i resiilt of ll past cvent, ir is probAblc t111t R rrAnsfcr of cconomic beiiefit ivill be reqiiired in gcrtlcmcnt, Ind the iinniinr nf rl)c scrrlc'mcnr c1n bL' cstiin1tcd rcliibli.. LiibiliuLs arL fLcugnisLd 11 ( tlic ainounc diat tlye Cl)aIiry artucipates it IV￿ pay iu ¥¢rrlL tlie deb¢ or thc amount it his rcceivcd as adv¢1nced payments fol tlie goods or ser¥ices it musr prOv￿e. Provislons are rn¢41SL￿ed ar the besr estimate OF (he amounrs required ¢0 Settle the oblig¢1uon. KXTheie the effecr of tl)e tune v?lue of money is rnituial, tL)e piovision is based ort the present V11 lut OE rl)ose amounis, d'lscounted at the pre-t1N discount rAte thai reflec(s the risks specific to the kn2bAb"ry. The univinding of (lie discount is tecogrtiscd in rhe Consobdated stAtement of financial 11cuviues as R finance cosr. 2.15 Dgl•rr•d taxallon Full provision is made for deferred 12% a55Cts and liabiliucs firising from all timing differences bcttvecn the reco8nLuon OE 8Ains And losses in the fmArtciAI statements and tecogniuon in the tax computauon. ti net deferred tax osset is recogfused only if it can be regarded #s moto likely thin noi th?1 thete be suitable rL%able $y￿]USe5 from ivhich the 6arure reversal of the underlym8 tirning differences cin be deducted. Deferred rax assets and liab￿ltieS are calculated At the tax rates expected to be effective at the tune the timing th'fterences are expected to revetse. 2.16 Financial instruments The Gioup only has fmancial assets and financial l1fibi￿.tieS of a kind that qualify as basAC f￿ancial instruments. Basic Fthancial Artstsuments are initially iecognised at ttansaction value and subsequendy rneas￿ed at tlieii settlement v3Jue ivith the exception of bxnk loans ivkn.ch are subsequently measuIed at amortised cost using the effecuve Interest method. Bryson Charitable Group (A company limited by guarantee) Notes to the fmancial statements For the year ended 31 March 2025 Accountlng pollcle$ {contSnu•d) 2.17 Flnance leases and hir• purchas• Assets obtained under hire purchase contracts and finance leases ate capitalised as t￿n￿b￿ fLYed assets. Assets acquired by ￿￿¢ purch#$e are depreciated over their useful lives. Finance Icases are those where subst#fAtially all of the benefits and risks of ownership ate assumed by the GIoup. Obligatsons under such 8ieemen(s induded in creditors. net of the fthance charge allocated ¢0 Futute period5. The fmance element of the ientsl paymertt is charged to the cons0]￿*ted statement of f￿ancIal acuvities so as to produce a constant perAoth'c rite of chArge on the net obhgation outst2Thding Art each period. 2.18 Operating leasgs Rerttais paid under opetatiog leases are ch￿ged to the Consolidated statement of financial activities on a Stsaight ]ine basis ovu the lease (em], 119 Penslons The Gtoup operates 2 detthed conttibuuon penslon scheme and the pension ch￿ge repre5en¢s the amounts payabAe by the Group to the fund in respect of the ye￿. 2.20 Fund accountln9 General ￿ndS are unresuicted funds vthich ay￿able for use at the discretion of the T￿￿tee5 in Eurtheiance OF the genetal objecuves of the Gioup and which have not been deswiated for other putposes. Designated Fund5 comprise unrestrlcted funds thar have been set aside by the Trustees for particuIAr putposes. The aim 2nd use of each desAgnatrd is set out An the rtotes to the fjnancial statements. RestrACted Eunds are fijnds which are to be used An accordance WAth specific restrictions imposed by donoIs oi which have been iaised by the GIoup fot parucuhr putposes. The costs of Iaisins and admirnst￿ltig such funds are charged #￿inSt the specific 6Jnd. The aim and use of each restrACted fund ts set out in the notes to the fmancial statements. Investment income, Dins and losses are ￿Ocated to the ippIopriate fund. 2.21 Holiday pay aeerual A liabiliry is recognised to the extent OE any unused hoIiday pay entitlement whith is accrued at the Balance sheet date and carried forward to 6Jture period5. Thl's is measured at the unth'scounted salary cost of the future holiday entitlement so accrued at the Balance sheet date. Bryson Charltable Group (A company Ilmlted by guarantee) Notes to the f￿anCIal statements For the year ended 31 March 2025 Critical accountin9 estimates and areas of judgement The prepaiyluon of rhese Fmancial sratements requires the Trustees to mJke judgemenrs. e5tirnates and ssumptions thAt affect tl)e application of policies 2nd reported mounts of Assets and lifibilities, income d eipenses. Judgemertts and estimaie5 ate continually evaluated and sre based on Iiistorical e.¥peiicnces and orher factor5, including expccriuon5 of furure events ¢hnr ar¢ beb'eved (o be IeilSon11 ble under rlie circumstantes. CtitÈe81 accounting estunaces ind assumptions.. Tlie Cliariry makes estim1t te5 L1nd assumptsons conceIning tlie FUC￿¢. Tlie resultin8 accounting estimates and ssumpuons ivill. b), definition, seldom cqulll tlie related rcsults. Tlic esumaccs nd iissumptions tliir liave Tr sigrtiFi¢¢iiir risk of cau$ing i mxieriTrl 1djusrmenr to tlic Cl1 rryin8 ¢imoiinrs of 41ssetS Ilnd ts1biliti¢s ivirliin rhe ncit finRnci11 ycir arc discussed beloiv. Ctitical areas of judgemeni: A) Rccoi'crability, of dcbtrjrs r.'suiniiLs 11)iidL iii LLSPLCI l)I' rliL rLcoi.'Ll1blL iiolLle l)r rr.ILIL Iiicl i)rl)Li' cl¢.btoi'i. IX,I)L'll tl)L IL'I'¢I uf proviiiuns requwcd, Ellcrors incltiding current tri7d￿8 CXPCtience. bistOlAcAI e%perience and tli¢ as￿8 profAle of debrors considered. b) L£&ng ierm contract accounting Income from A concract co piovide services is recognised in the period An wlucl) Ihe 5erviccs Are pcovKled An accordancc witli tl)e stage of completion of the contract ivhen all OF tlie Eolloiving conth'uons e Silusfied.. the amoiini of income cin be mcll sured retJ?& bly. it is probllble dii1t the Group ivdt receivc rhe cortsideration due undeL tlie contrnct; tlie stAge of compleuon OE Ilie conttact at clie end of (lie rcpoiting period can be mettsurcd teliably,. 2nd the costs incutred artd tlie costs to complete the contracr can be measuied reliably. c) Carrying value of fu(ed asse¢$ Estimates mAde in iespect of die cirryimg value of f￿¢d assets oivned by the group. Ivhcn a55essin8 the useful b'ves of exis¢in8 ind neiv FLYed asset5, factors includAng Iiistorical experience, the current return of assets employed and any exceptional gams or losses on thsposals OE ELxed #s$etS oxe coftsidued. Bryson Charftsble Group (A company limited by guarantee) Notes to the fmancial statements For the year ended 31 March 2025 Incom• from donations and legacles Restricted Untestric¢ed ds fund$ 2025 2025 Total funds 2025 Donations Gtants 1,905 558 1,905 558 Total 202S 2,463 2,463 Income from donatlons and 1•gacles Restricted Unrestslcted funds funds 2024 2024 Total funds 2024 Donations Grants 1,113 I.IL3 3,960 3,960 Total 2024 3,960 1.113 5,073 Bryson Charitable Group IA company limited by guarantee) Notes to the f￿ancial statements For the year ended 31 March 2025 Income from charitable activities Restricted Untestticted funds nds 2025 2025 Total funds 2025 Advocacy Bridges to PIO8ression CLERI DARE Energv Scheme Eld¢il)' 237,040 237,040 9.017 3,991,493 21,776 173.113 10,539.802 2,548,418 18.152 (30,889) .610.932 48A,44(1 2.865 139.275 2,273.362 207,461 853.887 91,376 142,695 2.919 139,581 22,633 9,017 3,913,139 78,354 21,776 124,682 10,i39.802 363,475 18.1.?2 (30,889) 671,466 4RR.4411 48.431 DepRrtmcnl ofcommunitics FLiropeRn Social FLind Nl Floiising ENeciiuvc fioiung Siippor riinli￿ ind Cliildciic GL'IILI'1t I Iiicoii)c OCN Gtiftc Incoirc PIAY Resource Skills for Lifc find Ivork Students unit UK Prosperity Floaung Supporr Net Zeio PHA Funding Lotte41 Funding Bryson Recyclin8 - Social Value Proyartkmes 2,184,943 939,46C? 2,86) 31.209 108.066 2,273,36? 11,461 196,000 853,887 91,376 142,695 2,919 139,i81 22,633 To¢g12025 8 486 785 14 996,563 23,483,348 Bryson Charitable Group (A company Ilmlted by guarantee) Notes to the fmancial statements For the year ended 31 March 2025 Incom• from charltable a¢llvltle$ Restricted Unrestticted funds funds 2024 2024 Total funds 2024 Advocacy BIidge5 to pzogression Choice Housing CLERI/ Root Cause Department of Communities Elderly Care Ener8y Scheme European Project5 European Social Fund Family and Childcate GenetAI income Mi8rants advice Nl Housing Executive floating suppott OCN Grant Income Play Resource Sk￿$ Eor Life and Work Students unit UK Pz05petity 241,780 241,780 19,761 35,889 4,580,269 2,660,436 10,282,497 170,537 15,440 22,823 1,454,642 456.554 84,640 85,170 2.596 150,797 1,865,147 185,753 857,487 19,761 35,889 4,580,269 2.660,436 10,282,497 126,687 15,440 22,823 602,820 456,554 43,850 851,822 84.640 85,170 2,596 48.474 102,323 1,865,147 2,600 67,519 183.153 789,968 Total 2024 9,386.028 13,786,190 23,172,218 Incom• from other tradlng actlvltles Income from non.charltabl• trnding a¢tivlti•s Unrestricted nd8 2025 Total funds 2025 Sales - Bry$on Recyding 21200,710 2L200,710 Bryson Charitable Group IA Company Ilmlted by guarantee) Notes to the f￿ancial statements For the year ended 31 March 2025 Incom• from other trading activities {continued) Incom• from non.ch8rlt•bl• tradlng activities Unre$tsicted funds 2024 Total funds 2024 SAles- Bryson Recych'ng 19.616.596 19,616.596 The enurc rurnover111s bccn dcrived from thc principal icuvit)F OF tlic business. Mllnagcmcnt liAve not disclosed Anfoimats'on ielating to tlie geogiAplucxl spb't of tl)e Nirnover Ils to do $0 Ivoiild be seiAous1!' prcjudicial to the intercs15 of the comp1ny. Other incoming resources Unte8tticted fiinds 2025 Total hinds 202S Otliei oper#ung income Negats've good1v￿ AmorusRuon 139.047 94,536 139,047 94,536 Total 2025 233,583 233,583 Unrestricted funds ?024 Total Eunds 2024 Othei operating income Nesative goodw￿ amo£risation 94,351 94,536 94,351 94,536 Tot•1 2024 188.887 188,887 Bryson Charitable Group (A company limited by guarantee) Notes to the F￿anCial statements For the year ended 31 March 2025 Analysis of •xpendltur• by actlvltles Activiue$ uodettak¢n ditectly 2025 Suppot¢ cosis Total ￿Thd$ 2025 2025 RaisAng funds Charitable actsvities Staff costs Goveinance costs 19,389.657 23,435,782 19J89,657 23,435,782 L083,119 173,880 1,083,119 173,880 Total 2025 42,825.439 L256,999 44.082.438 Activities Support costs Total fijnds undertaken 2024 2024 d￿eCtlY 2024 RaisAng Eunds Chatitable activities Staff costs Governance costs 18,270,393 22,844,019 18.270,393 22,844.019 1,007,529 97,500 1,007,529 97,500 Total 2024 41,114,412 1,105,029 42.219,441 Operatlng surplus The operating sutplus/(deficit) is stated afttt chargin￿. Group 2025 Gioup 2024 Charity 2025 Charity 2024 AudAtor'5 iemuneiauon Operating lease rental expenses Interest on bank loan5 And overdrafts Depreciation Amorti5ation of intangible assets Loss on disposgj of fixed asstrs Exchange d&Eerences 65,000 549,250 70.000 285.899 5,911 996.267 (82,256) 15,556 15,556 1,051 131,479 1,188,704 (91,491) 5,750 (18,175) 75,728 13,039 Bryson Charitable Group (A company limlted by guarantee Notes to the fmancial statements For the year ended 31 March 2025 10. Stafl costs Gtoup 2025 Group 2024 Charity 2025 ChArity 2024 Vages And salarie5 Social sec￿lty costs Defmed contrAbution pension schemes 22,191,959 1,924,375 587.648 19,557.115 1,671,165 478,931 1,353J25 130,796 65J74 1.275,919 128,779 56,374 24,703 982 21,707.211 1,549,495 1.461.072 Tlie ftverp8e number of persons emplo}Icd bv the Cl)aritv diiring rl)e yelif iv14 8 1s folloivs.. Gtoiip 2025 Group Bryson Cl)aritable Group Br)Ison Ener8)' Bryson CAre Brysoo Recycb"ng 34 133 521 327 31 93 593 333 1.050 Bryson Charitable Group (A company limited by guarantee) Notes to the f￿anCIal statements For the year ended 31 March 2025 10. Staff ¢osts (continued) The nurnber of employees whose employee benefits (exduding employei pensi¢)n costs) exceeded £60.000 was.. Gtoup 2025 Group 2024 In the band £60.001- £70,000 In the bartd £70,001- £80,000 In the band £80.001- £90,000 In the band £90.001- £100,000 In the band £lOO,001- £110,000 In the band £110,001 £120.000 Irt the band £120,001- £130,000 In the band £130,001- £140.000 In the band £140,001- £150,000 Key management personnel indude all Directors and Assistant Directors An the charity. The total compensation paid to key m2na8ement personnd fot ser4i¢¢5 pmvided to the Chlrxty wa$ £432,893 (2024.. £420,556). The total compensation pgid to key management personnd for 5ervAces provided to the Group was £1,017,219 (2024: £1,128,567) Trust••8' r•mun•ratlon and •xp•ns•B During the year, no Trustees received aoy remuneration or othez benefits (2024.. £NIL). Duting the y￿[ ended 31 March 2025. expenses reimbursed to Tzustees were £20 (2024 - £1,652). 12. Taxatlon 2025 2024 Corporatioo tax Cutrent tax on profits Eor the yeAr Adjustments in respecc of pzevious pe£iods Total Cuttent tax Defetted tax OIigination and reversal of liming differences (48.728) 221,996 Total defetted tax 48,728 221,996 Taxarion on net in¢ome/(expenditute) 48,728 221,996 Bryson Charltable Group (A company limited by guarantee) Notes to the fmancial statements For the year ended 31 March 2025 12. Taxation (continued) The rai assessed for (he year is loiver dian (2024- loiver chan) the st2ndard rarc OE corporatiort tA% in cl)e Ul< of 250/0 (2024 _ 19Q/o). The th'fferences are elplfiined beloiv.. 2025 2024 Net (expenditure)/income before tax 1054 076 Net (eYpenditure)/income muluplied b), the standard rarc of corporation rn An the UK of 25./0 (2024 - 190/0). 235,561 263,522 Effecis of: EFfect of cKpensc8 nor dedLicuble foi t11 x purposcs Adjustmcnts to ri.1 cliit igc iii respect of piioi PLriods OihcL (IX I?LljiisllllLiif*, Icliets 11 i)d ￿4111)ter Iiicoiiie iioi r1%1ble Foi. rfti PLIIPOè+¢¥ Gift not ti%able for tal purposes Defcried (AN flot IecognAsed 79,137 (57,628) 19,9?1 {32,573) (￿$,000) (168,176) 71.98) (28,()03) (250.000) 165.392 Total tax charge for the year (48,728) 221,996 ctors tlifit miy Affect Fuwe ¢8N cliArges Tliere ivere no f¢lCtors diAt m4iJP ilffect futute tax cliai8es. Bryson Charltable Group (A company Ilmlted by guarantee) Notes to the fmancial statements For the year ended 31 March 2025 13. Intangible ass•ts Gtoup Website development NegAtive goodwAII Total Cost At l Apnl 2024 Additions 36,540 (472,681) (436,141) At 31 Mat¢b 2025 36,540 (472,681) (436,141) Amortisation At l APIQ 2024 Charge Eor the year 33,495 3,045 (275.730) (94,536) P42,235) (91,491) At 31 Mar¢b 2025 36,540 (370,266) (333,726) Net book value At 31 M•¢¢h 2025 102,415 (102,415) At 31 March 2024 3,045 (196,951) (193,906) On 04 May 2021. Bryson Energy acquired the Trade and assets and liabilities of Play Resource Tiading Co. Limited 2nd Play Resource Warehouse Limited with negative goodwill being 8enerated totalling £472.681. This is ￿nortised OV￿ a 5 Ye￿ period. There ￿ no intangible assets io the chatAty. 8ry80n Charltsbl• GTOUP IA eomyny Ilmlt•d by gu•r•nt••l Notes to the fmancial statements Forth• y••r •nd•d 31 M•rGh 202S 14 T*n9lbl• Il•t•d •B••l• Group Freehold properfy PIAnf thnd m•¢hintry MotQT vehicle• Flxtutel And Riilng• Office equlpmenf A•*eii undet ¢onitru¢tion Tot*1 Coit ot v*luAtlo At l Aptil 2024 Adth"tions Disposgls TtsniFer bettv¢¢n is5et cl*•ses 6,270,561 5.477,482 145,120 4.876,73.1 949,627 1157,0551 1.448,93? 19,486 712,76G 53,894 102,071 764,709 18,888,54S 1,9J2.836 1157,0551 102,071 AE 31 Mareh 2025 6,270.$61 5,724.673 S,669.305 1,468,418 ?66,660 764,709 20,664,326 D£prt¢l•don At l Aprjj 2024 Char8e for the yeit On digposali 543.736 102.677 4,649.792 271.901 3,311.174 651.673 11$7,0551 .41U,463 14,63• 402.J51 147.821 10.317.516 1,188,704 1157,0551 At 31 M*tth 2025 646.413 4.921,693 J,eQ5.792 1,425,Q95 550,172 IAJ49,165 Ntf book vglue At 31 M•t¢h 2025 5 624 148 1,863 513 216 488 764,709 At 31 Msrth 2024 5,726,825 827,690 1.565,559 38.469 310.415 IU2,071 8,571,029 Included ivithin moror vehielc$ gic A55et$ held iindci fiiiryiitt Ic15e iiringe17)rfjt Ai 31 MAich 2025. the nct botsk v11uc of rhe5e i$$trs L"1,750.360 PO?4". £J30.2331. Dtpretlnuon i?fL?911,?331?024.' L565,2241 w15 chir8td on rlie$c 35$Cts Jn thc Y￿r. Bryson Charitable Group (A Company limited by guarantee) Notes to the ffftancial statements For the year ended 31 March 2025 14. Tangible Ilxed assets {eontinued) Charity Freehold Flxtuffes and Computet ptopetty fittings equipment Total Cost or valuation At l ApIil 2024 Additions Dispos21s 2,271,979 184,901 2,298 190,272 6,305 2,647,152 8.603 At 31 March 2025 2,271,979 187,199 196,577 2,65S,755 Depte¢iation At l Aprd 2024 Ch*r8e for the ye 183,383 45,440 180,769 532 150,361 29,756 514,513 75.728 At 31 Marcb 202S 228.823 180.117 590241 Net book value At 31 MAtch 2025 2,043.156 5,898 16,460 2,065.514 At 31 March 2024 2,088,596 4,132 39.911 2.132.639 1 S. Flx•d ass•t Inv•8tm•nts listed Ttade inve81oicnts iove$lmen¢8 Total Group Cost or vaknation At l April 2024 Additions Disposals Recogfused gJms/aosse$) 3,436,701 3.510,091 P.506,479) 100,967 17,326 3,454,027 3,510,091 (1.259) (3,507,738) 100,967 At 31 March 2025 3.541280 16,067 3,557J47 Net book value At 31 Match 2025 3,541,280 16,067 3.557J47 At 31 Match 2024 3.436,701 17326 3,454.027 Pa Bryson Charitable Group IA company limited by guarantee) Notes to the fmancial statements For the year ended 31 March 2025 15. Fixed asset investments (continued Investments in $ub$idiary companies Listed investments Total Charity Cost ot valuation At l Aprd 2024 Addiuon$ 2,250,000 3,436,701 5,686,701 3,510,091 3,510,091 (3,506,479) (3,506,479) 100,967 100,967 DIspos11s Recognised yin51Oo$s) At 31 March 2025 2,250,000 3,541,280 5,791,280 Net book valiie At 31 Match 2025 2,250,000 3,541,280 5,791,280 Ac 31 March 2024 2,250.Cx)O 3.436,701 5,686.701 Refer 10 no(e 34 for fuArlier infonnfition rcgArding tlic subsidiarles 16. Stocks Group 2025 Group 2024 Finished Goods 44,794 69,472 17. O•btors Gtoup 2025 Group 2024 Charity 2025 Charity 2024 Due within one yeat Trade debtOXS Other debt015 Prepayments and acctued income 2,392,903 41,558 1,597.672 2,848,609 68,313 1,818,688 173 58J72 173 48,652 4,032,133 4,735,610 58,545 48,825 Bryson Charitable Group (A company limlted by guarantee) Notes to the f￿ancial statements For the year ended 31 March 2025 18. Creditors: Amounts falling due within one year Gtoup 2025 Group 2024 CharRty 202S Chariry 2024 Bank overdrAFts Trade ue&'t015 Amounts owed to group undertakings Other taxation and social security Obligations Und￿ tlliance lease and hire purchase contracts Other ctedito Accrnals aftd defeued income 1,132 1,619,931 1,794J44 74,695 1,791,035 279,023 2,361 1,236,284 236,631 955,472 991.516 615.984 241.610 4,670,288 700,902 222,558 5,302,250 14,726 1.266,660 2,245 1,695,620 8,277,721 8,838.289 3,426,139 3.173 .141 Trade and other creditots Are payable At vatious dares in accordance WAth the $uppliers' USU￿ and cusromary ternys. Tax and soual securities are tepayable at V￿louS dates over the coming months in line with tax and outhotAty guidejines. The Chariws activities fall within the ￿eMpa0￿$ afforded by the provision of the Income and Corporation T¥xes Act 1998. Accordingly, there is no taxation charge An these Accounts. The loans in respect of the hirc purchase and finance lease ayeements are $ecured against the assets to which they relate. 19. Credltors: Amounts falling du• aft•r m•r• than on• y•ar Gtoup 2025 Group 2024 Net obLigations under ffftance lease and hite pwchase contracts 1090,196 1.144,175 There are no creditott Ealling due after mole than one yeu in the chatity. Bryson Charltable Group (A company limlted by guarantee) Notes to the F￿anCial statements For the year ended 31 March 2025 20. D•f•rred taxation Group 2025 2024 At the beginning of the yeAr Charge for the yeat 657,335 (48,728) 435,359 221,996 608,627 657.335 Tlic deferred till balance is made up fouoivs.. Gtoup 2025 Group 2024 cceleratcd capit11 glloiviinccs 608,627 657,335 608,627 6i7,33i Bryson Chirltsbl• Group IA company Ilmlt•d by #U•W•nts• Notes to the financial statements For th• y•#r •nd•d 31 MArch 102S 21. St•t•m•nt ol lund• Gtoup BAl*ttet at I Aprll 2024 Income Expendltute Tr•nife Inllout) BAIAnce at 31 Mot¢b 2025 T•x•tiOII GAIth•/(￿lIe*I Unreitrleted httds De¥lKnAted fvnd• Bry80n &Lnd8 Gener41 Fund• Unre5riictcd fiJnd5 Premise& revaluation rcscrve Endowmcnt 6Jftd 10.549.926 2.068,914 331,610 12,950,450 36,436,931 (35,595.6531 48,728 2,068.914 12,068.9141 100.967 ,609.813 33L610 ,941,4 36.436.931 (35.59S.6531 48.728 100,967 TotAi unreitiicted reiervei 12.950,450 36.436,931 {JS,595.653} 48.728 100,967 13,941,423 Bry￿n Ch•rltablo Group IA ¢omp•ny Ilmlt•d by guAr•nt••l Notes to the fmancial statements Forth• y•gr •nd0d 31 March 2025 B•lance •t I Aptll 2024 BAl•hc¢ wt 31 M•t¢h 2025 In¢ome Expefftdituie T*x*don Trans(etJ inlloui) GAin*/{￿lIe$l Reitd¢ted fvnd• Mis¢eJlAn¢ous TNsits MAson Bibby Jilf¢ Energy hjttd Plly Resour¢¢ Vulncrabie Rtfusecs FRMJY *upport Appe Bryaon tN8r hjnd UK P￿sPerIty DepArtment of Comrnuruu ),S07 500 4,931 6,737 3,507 500 4,931 6,737 48,431 31209 14b,4311 I.11)￿)) 850 38,760 15,941 38,760 853,887 2,184,943 I8.i3,1187) 12,IIYI,IJ431 DARE FCI MyRnts Advice NIHB Flogun8 fund Choicc Houyjng CLERII Root Causc Bridge$ ro pro8resgion FimiIy find Chddcxt¢ StrJdents unit Domc5tic C￿e OCN Gr4nt Incomt Net Zero Loittry Pundin8 Othei 3.913,139 9,017 939,466 190.000 11)IIJ.4661 2,865 142.695 25.552 l?i,i32) 8 486 785 B 486 785 Toi•l fvnd 13 021676 44 925 716 44,082,438 14 012 649 Bry•on Ch4rlt•blo Group IA comp•ny Ilmitgd by ou•r•nts•l Notes to the fmanci21 statements For th• y••r •nd•d 31 Mar¢h 2020 21. 8l•t•rn•nt ol fund¥ léorttlnu•dl ChArlry TIAnAferi B•lAoce •t JI M4rch 2029 Aptil 2024 Ancomt Exptndlwre T AXAtIoo nl{outl GAln•l(Lo Genti41 Fundi Unre$ttKted knd$ Prth)i•eJ revdu*tThi te¥uv¢ 4.786,374 2,068,914 6.855.288 2,382.291 (2,446,797) 2,068,914 2,068.91 100,967 6.89L749 2J82291 {2.446.79 100.967 6J91,?49 Total ￿n￿•trICted ￿nd* 6,855.288 2.382391 11446,797 100.967 6,891,749 Re•trlcted fund• CLERJ scellaneoul Tw¥ti Maion Bibby J¥ffa 4,141983 14,14Z,9851 3.507 41Y) 400 7J07 4,142.983 4.142,983 7 J07 Tot*1 ￿tsdI 6.862.595 6525,274 6,589.7bO IOQ,967 6.899,056 Bry•on ¢h•rft•bl• Group IA c¢>mpany Ilmltsd by guarnnt••l Notes to the fmancial statements For th• y••r •nd•d 31 M•rGh 2025 22. A¥mm•ry of fuTrd• Gtoup B*lanee ar I April 2024 B•lanc¢ •t JI Match 2025 Income ExpehdlturL TAx#ilon Tt*tt8(eT& in/loui) Galns/{LDv8e*) De5iBniied fi￿d3 Geneill fvrtdi Restrittcd hjttdi 1• 950.450 71,220 lJ,021,676 36.4JO,93I 8,486.785 44.923,716 135,59i,6.1.11 411.728 l(M),967 13,941,423 144,082,438) 48,728 100,967 14.012,649 Ch*tlty B#lon¢e •1 I Apiil 2024 In¢ome E¥penaitibtL' TayAiion Ti•n8kte inlloutl GaIne/{￿li¢s) 31 M•i¢h 2025 DesAwAtcd bjnds G¢ner•l bAnd¥ ResE[￿red funds 6,855,288 7,307 6,862,59S 2,38?,291 4,142,983 6.525,274 ? W>,7lJ71 14.14? IIH31 {6,589,7801 100.967 6,891.74¢) 7,307 6,899,056 100.967 Bryson Charltable Group (A company limited by guarantee) Notes to the fmancial statements For the year ended 31 March 2025 23. Analys18 of net ass•ts between funds Gtoup Rcstslcted Unte6triCted funds funds 2025 2025 Total funds 2025 Tangible fAxed isse Intangble ￿￿ed assets Fixed asset invesunenrs Tiade investsnents Current assets CreditoIs due within one year Creditors due An more than one year ProvisAons Eor bqbihues and chatges 9,315,161 9,315,161 (102,415) (102,415) 3,541,280 3,541,280 16.067 16.067 11,447,874 11,519,100 (8,277,721) (8,277.721) (1.390,196) (1,390.196) (608,627) (608,627) 71,226 Total 71,226 13,941,423 14,012,649 Cbatiry Restricted Unte8tri¢ted funds funds 2025 2025 Toial funds 2025 T￿n￿b]e FL%ed Assets FiY¢d asset investments Curien( assets Creditors due WAthin one yur 2,065,514 2,065,514 5,791,280 5.791,280 2.461,094 2,468,401 (3,426,139) (3,426.139) 7,307 Total 7,307 6.891.749 6,899,056 Bryson Chafltsble Group IA company limited by guarantee Notes to the fmancial statements For the year ended 31 March 2025 24. Reconciliation of net movement in funds to net cash flow from operating activities Group 2025 Group 2024 Net income/expcnditure for tlie year (as per Statement of FAnAncAal Acuviues 990,973 820,953 Adjustments ft)r: Deprealtion charges Ta.%11 cion charge Gil in on dAsposlll ol fLxed Assets (Goin)11055 on Anvestments Dccrease in 5rocks Oncre85c)/Decrcic sc in debrors Incre%t5e/(Decre21 se) m ctcditors Inrcrcsr payible Amoius¢1UOli of goodivill 1,188,704 (48,728) 996,267 221.996 (100,967) 24,678 703,477 (474,541) (202,280) 10,3)4 (188.624) 911,167 (91,491) (82,3i6) NL'r ci%li b*¢'llVK:II-L'cl frrjin i.)PL'ritiii¥ ict.iiritlL' 2,192,105 ?,487,417 25. Analysis ofj cash and cash equivalents Group 2025 GroLIP 2024 Casli in liAnd Overdraft facility iepay8ble on demand 7,442,173 (23) 7,025.263 (1,132) 7 442 150 7.024 131 26. Analysls of chang•s in n•t d•bt New Finance lease At 31 March 2025 At l April 2025 Cash flows Cash at batsk and in h2nd Bank over&afts repayable on demand Finance leases 7.025.263 416,910 (1,132) 1.109 (J,845,076) (1,023.110) 7,442,173 (23) (2,006,180) 862,006 5,179,055 605,091 862.006 5,435,970 Bryson Charitable Group (A company Ilmited by guarantee) Notes to the f￿anCIal statements For the year ended 31 March 2025 27. Analysls of changes In defe￿•d Income At l April 2024 At 31 Match 2025 Increase Dcferred income 1.902,614 02,584 1,200,029 Dunng the year ended 31 Match 2025, the ￿0UP recogm5ed revenue of £1,902,614 from the pIeviously recogrused deferred income. The dÈEfeIence between the openin8 and dosing bajances of the 8roup's deferred income pIlM￿llY Iesults frorn the timing difference bernveen the Ch￿Ity'S P￿£0£Mance and the customer's billing. 28. P•nslon commltm•nt• The Ch￿lty op¢raies o defthed contslbution scheme for their employces. The assets of the scheme held sep￿atelY &om those of the chatiry. The annual ¢ontsibutiOftS payabk chatged to the Statement of Finanaal Activities. The amount recogni5ed in income OI expenditure as an expense ia zdation to defthed conttibution plans was.. Ch2tiry- £65,374 (2024. £56,364) Gioup - £587,648 (2024.. £534,494) The balance unpaid at the year-end amounted to.. Charity - £8,351 (2024.. £9.402) Group - £ 102,601 (2024.. £110.947) 29. Oper•tlng 1••8• ¢•mmltm•nt8 At 31 Match 2025 the Gzoup and the Charity hAd commitments to rnake Euture minimum kase payments under non-cancellable operattng leases as follows.. Gtoup 2025 Group 2024 Charity 2025 ChatAry 2024 Not later than l year Later than l year and not latez than 5 yeats Late than 5 years 615.880 917,170 227,386 362,567 811.189 287,630 10,851 18,468 4,860 1.620 760.436 1,461.386 29 19 6,480 Bryson Charitable Group (A company limited by guarantee) Notes to the fmancial statements For tho year ended 31 March 2025 30. Finance lease commitments: fvIAnkmum lease pAyrnents under hire purchase fill due ll5 Folloivs: Gtoup 2025 GIOLIP 2024 Within one year Bernvcen 1 5 years 615,984 L390,196 700,902 1,144,175 2,006,180 1,845.077 There ivere no ¢1mounts rcpA)iable under Iiire purcl)ase agicements An the cliY41ity 31. Related party transactions TIIL. Cliiritt. li.i% not LnrLrcd Iiiro 41n!' IclftiLII PlLT!.' tl'in4icrir)ii diiriiig rlic i'cir orliLI' rliii li rl)osc ivirli ivl)olli' ol￿'nCd group coiiipinic5. nor nic Llieic an), outstllndLn8 bii1111CCS QIVIII8 bctsi'ccii rc111ed Pii rucs iiiid Ilic Charity at 31 MaIch 2025. "riie Cliarity lias trtken exemption &om ￿'ScIo$l￿g related party ttli nsacuons ivirh wholly oivned group companies under secuon 33 of FRS 102. 32. Post b•lanc• sh••t •v•nts Sub$equent to yeAr end, a de$￿A￿ted fund was created WAthin Bryson Charitable Group £425,OCrf) And £125,000 ivere trxnsferred Erom Bryson Cale #nd Bryson Energy respectively for future expenses Including reseRich and pioject developmertt. 33. Comp•r•tlv• information Comparii tive infoImation h25 been recla53ified whete nece55ary to conform ro the curreni fmanaal period. There w85 no impact on reported income for the period ended 31 Mrlrch 2024, or to Chariry Eunds As it I Apnl 2024, or on net assets as at 31 March 2024. J4. Prln¢lp•l ¥uboldl•rl•• The followin8 wtse Jubsidiw uAdertAkittg5 of the ch￿Lty.. Naffj Comp•oy umbet ChAdty Reglawted office or pdntlpql Pknc1p￿ Actlvity re8ibti•tlon place of bu•lne41 uthber Cl*$4 of •h•re• HoldlAg Bry¥on R¢wlin8 N16t1592 2 1knver$ Ed8e. t3-15 RAvcohill Road, Belfait, Notth¢tn IieLgnd, BT6 8DN Proce55in8 And recycling of commcrcj￿ xnd dotne8YC WAiie Ordm IOOV/• Bryson C￿e N1606733 NIC100809 2 Rivets Edge, 13-15 Rivctthiy RoAd. Bt11*5t. Northern lieland, prov￿1n8 expeil tgre and suppoxt to v)Jinet*ble pe￿Ie BT6 8DN Btyion Encr8y N1605445 NIC100960 2 PJ'veI$ Ed8c. 13-15 Rlvenlull A33istiA8 hjel poverty RoAd, BelfgSt, Northem Itellod, howehold$ throu8h 3T6 8DN advice and support IOO•h Bryion PuttJrcikill¥ Ltmii¢d NJ050061 2 RJ'verJ Ed8Cb 13-IS ￿vcti￿ill Road, Beifi$t. Noithein Irelind. Edu¢itioD OrdiThNry BT6 8DN P4e $1