Regislered number: 02806113
Charity number: 1019915
OPEN ROAD VISIONS
(A company limited by guarantee)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

OPEN ROAD VISIONS
(A company limited by guaranlee)
CONTENTS
Page
Reference and adminislrative delails of the Company, its Trustees and advisers
Trustees. report
Independent auditors, report on the financial statements
Consolidated slatemenl of financial activities
2-11
12- 16
17
Consolidated balance sheel
18-19
Company balance sheet
Consolldaled statemenl of cash flows
20-21
22
Noles lo the financial statements
23-55

OPEN ROAD VISIONS
(A company limiled by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Truslees
J F Aldridge. Retired County Councillor
N K Alston, CBE, DL, Retired Senior Civil Servant
S D Bhima, Medical Praclitioner
C Dollery, Medical Practitioner
T Field, Solicitor
R Kilvinglon, Company Director and Surveyor (resigned 28 June 20241
Y M Larkin, HR Director (resigned 2 October 2024}
J Lawson, Police IT Director
M Mears, Chartered Accountant
S Shah, Marketing and Communications Executive
N South, Academic Prolessor
Company registered
number
02806113
Charity registered
number
1019915
Registered and prlncipal 12 North Hill
olfice
Colchesler
Essex
C01 1DZ
Senior leadership team Mrs S Wright
Mrs A Trudgian
Mrs J Thompson
Chief Executive
Operations Director
ClinicallBusiness Development Director
Company secrelary
M Mears
Chief executive off icer
S Wright
Independent auditors
Griffin Chapman
Chartered Accountants
4&5 The Cedars
Apex 12
Old Ipswich Road
Colchester
Essex
C07 7QR
Bankers
Barclays Bank PIC
9 High Street
Colchester
Essex
C01 1DA
Solicitors
Fisher Jones Greenwood LLP
Charter Court
Newcomen Way
Colchesler
C04 9YA
Page 1

OPEN ROAD VISIONS
(A company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report together with the audiled financial statements of the Company for the 1
April 2024 to 31 March 2025. The Annual report serves the purposes of both a Trustees, report and a direclors,
report under company law. The Trustees confirm that the Annual report and financial slalements of the
charitable company comply with the current statutory requirements, the requirements of the charitable company's
governing document and the provisions of the Statement of Recommended Practice {SORPI applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS102) (effective 1 January 2019).
Open Road is an established Drug and Alcohol Recovery support charity in Essex and Medway. Open Road
principally provides services to support individuals on their journey to recovery from drug and alcohol addiction.
Obleciives and activities
a. Aciivities undertaken to achieve objeclives
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit. including the guidance 'Public benefit: running a
charity IPB21'.
Our mission is to empower a diverse range of individuals, families, and communities lo lead healthy and more
meaningful lives, free from addiction. offending behaviour and disadvantage.
Key activities.,
Commission drug and alcohol support for adults and young persons
Essex Appropriate Adult service
SOS community buses
Employment services
Our community consists of our slaff, our service users, volunteers, trustees. partners. and visitors. We treat each
other with consideration and respect. regardless of people's appearance, background or personal
circumstances.
b. Our Patrons and Trustees
our Patrons are amazing ambassadors for the Open Road and they conlinue to support us in a number of ways.
We were delighted to have a new Patron join the team this year. Kirsty Toner's mother was a client of our
Medway services bul sadly died in 2024. Kirsty was so appreciative of the service our slaff gave her mother
Stella, that she became a greal ambassador for us and agreed to become one of our Patrons. Kirsty has
already done some amazing fundraising for us
running ihe London Marathon, at the StellaFest Event in
Medway raising over £6,000 and in obtaining support for us from John Lewis in Bluewater, along with media
interviews promoting our services.
Our Trustees. another of our amazing groups of volunteers, support the whole organisation with their
governance skills and guidance which include all aspects of finance: HR, clinical governance, audil and risk,
health and safety, premises and facilities. We can't thank them enough for all they do to support the operational
teams. This year we have introduced two new sub-committees of the Board, which are Audit and Risk Sub-
Committee and Premises and Facilities Sub-committee. which we fell, with our expansion. were vital to ensure
that we covered these areas of potential risk.
Page 2

OPEN ROAD VISIONS
(A company limited by guaranlee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Objectives and activities (continued)
c. Volunteers
We remain hugely grateful to the many volunteers for their commitment to Open Road. Following COVID fewer
people have been coming forward to volunteer their time in the various services we provide, particularly on our
SOS buses and in the Appropriate Adull services. We believe this is a result of the cost-of-living crisis, wilh
many of those who were previously willing to volunteer their time needing secure employment opportunities.
Refreshing our 'offer' to volunteers is now a strategic priority- We currently have over 110 volunleers offering
their time on various projects.
d. Main activilies undertaken to further the Company's purposes for Ihe public benefit
As a charitable organisation, we are proud of what we do with the help of our volunteers and all those who make
a positive difference by supporting our fundraising events throughout the year.
We expanded many of our existing services during the year and we were also delighled to be awarded some
new contracts.
Strategic report
Achievements and pertomiance
a. Introductlon from Ihe Chief Executive and Chalr of Trustees
On behalf of the Trustees and Senior Leadership Team (SLT) of Open Road we are delighted once again to
introduce the charity's Annual Review. We would like to thank all our slaff leams. volunteers, funders. supporters
and our Pairons for their continued dedication and support throughout the year.
It has been a year of furlher encouraging growlh and success as we reached the end of our 2020 - 25 strategy.
We are proud to have achieved all we set oul to do and much more over this period, despite many challenges
along the way. This has only been possible thanks to the commitmenl, delermination and hard work from all our
staff, volunteers and Trustees.
Having just launched our new five-year strategy, we now look forward to the next five years leading lo our 401h
anniversary in 2030, with a continuing commitment to support more individuals and families who need our
services.
We acknowledge there will be challenges along the way, but our focus remains on those we support and being
able to respond flexibly to their needs providing exceptional. high-quality services.
We end the financial year 31 st March 2024125 in a strong financial position enabling us lo look fO￿ard with
confidence to delivering outstanding services to all those we support.
b. Main achievements of the Company
We remain committed to developing and extending services where they can address the needs of those we seek
to serve. We have expanded a 'dependence forming medication, service {DFMI into North Essex successfully
receiving Public Health Accelerator Bids (PHAB) funding lor this work. This is in its early stages but we hope to
develop this further to other geographic areas in which we work.
We continued to seek efficient and fit-for-purpose premises. In Medway, we moved our young people's service
Page 3

OPEN ROAD VISIONS
(A company limiled by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Strategic report (continued)
Achievements and performance (continued)
to our Recovery Service site in Chatham High Street to bring the leams iogelher and streamline our operalions.
Our new site in Harlow's Harvey Centre became operational during the year and is now fully functional.
Our development in digital services continues to grow and we now have 24￿ on-line chat services. By
integrating technology inlo our operation we are able to provide more accessible responsive and inclusive
support for individuals, families and the communities we serve enabling support to be available whenever and
wherever it is needed.
During the year we gained reaccreditation in ISO 9001, Cyber Essentials, and recently Investors in People1SlP}.
We also compleled an external evaluation of our services, which produced some very positive client success
stories and reinforced the added social value that Open Road brings to the communities in which we Work and
the cost savings we bring to public funding.
Fundraising events have included quizzes, people running marathons, skydives, joining in with Sanla's sleigh
ride in Colchesler, a Charily Ball, a reading of 'A Christmas Carol,, a 'Flourishing Minds, afternoon at Beth Chatto
Gardens, a curry night wilh Neil Coyle MP and many more, all bringing in much needed unrestricted fLJnds to
support our core services.
The biggest challenge we faced during the year - and ongoing - is the increase to employers, National Insurance
Contributions (NIC). which, with Ihe rise in the minimum wage increase, will impact significantly on Open Road.
We fully supporl the minimum wage increase, but the NIC increase seems somewhat untair on an organisation
like Open Road which supports the NHS, and indeed alleviates the burden on the NHS, which ilself is exempt
from the increase. The impact lor us is over £100,000 per annum, which we have to find lo continue our work.
Running costs have increased year on year, but we continue to seek efficiencies and to streamline all operations
where we can, such as in Ihe amalgamation of our two services in Medway as mentioned above.
Recruitment and retention of slafl and volunteers will remain a concern which we try to address through offering
excellent training, development and additional benefits lo encourage new slaff and volunteers and to retain the
excellent people we already have.
We are committed to working lowards net zero with environmental largets. but again, this costs time and money
to achieve. However, we have already commitled to many areas to reduce our carbon foolprint and will continue
to do so over the coming years.
c. Review of activilies
Contracts
We expanded many of our existing services during the year and were also delighted lo be awarded important
new contracts. These included:
The direct award of the AARCS (All Age Recovery Co-ordination Service) contract for Essex which we had
delivered lor the previous 7 years in partnership with TCS (The Children's Society}. This is for a further 5
plus 2 years.
The PAIRS {Psychosocial Alcohol Intervention Recovery Service} contracl for Essex - again another 5 plus
2 years.
The Military Corrective Training Centre contract extension for a further year to November 2026.
The Essex Appropriate Adult Service contract, which we had been delivering for over 10 years, now awarded
for a further 5 years.
Page 4

OPEN ROAD VISIONS
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Slrategic report (continued)
Achievements and performance (continued)
An expansion of services across Soulhend, Thurrock and Medway young people's seNices and in our Essex
and Medway adult services.
We have also received funding for a new smoking cessation service across Essex, including advice and
support for young people around vaping.
Partnerships
Our partnership work is well regarded parlicularly by commissioners in Essex County Council. Thurrock. Medway
and Southend.
Our long-term partnership with The Children's Society continues to be strong and supportive and we
partnered with them again for the new PAIRS alcohol contract.
Our partnership with Forward Trust remains strong and supportive across our work in Soulhend. Medway
and Thurrock and we continue lo work with them on potential new opportunities.
In Medway, in partnership with Oasis Restore and Central & North-west London NHS Foundation Trust
(CNWL), we commenced delivery of specialist substance misuse interventions in the first new Secure
School in England. Although in its infancy, this is seeing many successes for young people in secure
environments.
We continue lo work in partnership with Essex Partnership University NHS Foundation Trust {EPUTI, our
prescribing partners across all of our Essex sites and this continues from the Derwenl Centre at The
Princess Alexandra Hospilal in Harlow.
The Open Road SOS Buses
The work of our SOS buses supporting the nighttime economy continues in partnership with Remote Medics.
However, the buses have expanded their work with heath partners across the county, particularly in North Essex
thanks to additional PHAB funding. This sees the buses out in rural communities supporting individuals who
would otherwise find il hard to access primary health services. We are able to offer a number of additional
services including health checks for high blood pressure, weight management, leg ulcers and many other
screening services.
Our Management
Our new management structure is working well to support the growth of Open Road and strengthening the
infrastructure of the organisation. We have invested in the management team with additional training and
coaching from an external coach, Paul Jeff ries, of Pebble Associates {UK} Limited, a business transformalion
consultancy, who is helping to develop the team and looking forward at succession planning.
Equality, Diversity and Inclusion
We continue to develop our understanding of, and commitment to equality, diversity and inclusion in all aspects
of our work, including our leams of staff and volunteers and particularly those who access our services. We
want to ensure not only that we eliminate any discrimination but also that we can be truly representative of all
sections of society in the areas we work. We are determined Ihat service users, slaff and volunteers feel
respected and are given every opportunity to give their best. Our aim over Ihe coming years is lo break down the
stigma of drug and alcohol use particularly in under-represenled groups within our communities.
Page 5

OPEN ROAD VISIONS
(A company limiled by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Slrategic report (continued)
Achievements and performance (continued)
d. Fundraising activities and income generation
In addition to the funds received for the commissioned services, and to supplement funds received from grant
making trusts. the charity undertakes fundraising evenls led by the staff and volunteers, within their offices and
places of work. These events can lake many forms from quiz nights or fundraising golf days to charity balls and
garden parties. The monies are obtained from contributions from family and friends or donations direclly made
by service users and their families. All event contributions are voluntary.
Fundraising events have included quizzes, people running marathons. joining in with Santa's sleigh ride in
Colchester. The Soap Box Rally and the Charity Ball. Whilst having fun, we also raised funds to support our
frontline services.
All funds raised from these events, in support of external charities. are recorded separately wtthin the accounting
system and are paid directly lo the identified charity.
The charity is signed up with the Fundraising Regulator.
The charity has not received any complaints regarding ils charity collections and does not undertake any process
which would intimidate, exclude, or apply undue pressure to any person to donate funds. There are no
fundraising activities undertaken with externai providers.
e. Investment policy and pertormance
The Trustees acknowledge the need to consider maximising any potential for income from reserves held by the
Trust, however, they also acknowledge the requirement to ensure these funds are invested in any "no risk"
opportunities.
The Trust uses bank accounts approved by the Trustees and maintain balances sufficient to cover immediate
and forthcoming financial commitments.
Monies surplus to these requirements are invested in short term notice cash accounts. These deposits are all
low risk options.
Financial revlew
Financial Review
The Charity made a surplus of £59,655 during the year and holds £3,050,984 funds at the end of the year. Of the
funds held, £271,925 is held within reslricted funds, the balance of £2,779,059 of unrestricted fLAnds includes
£1,640,127 of fixed assets being used by the Charity and £305,000 designated funds.
Total incoming resources increased by 4.7°/o on the previous year ended 31st March 2024. This reflected an
increase in the services undertaken, including Thurrock Young Persons Service, additional young persons.
services undertaken in Soulhend On Sea funded by OHID and additional OHID funded services were
undertaken in for Medway Wellness.
Total resources expended increased by 5.50/0 over Ihe previous year, the key items of this increased expenditure
reflected the increased services undertaken detailed above.
Page 6

OPEN ROAD VISIONS
{A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Open Road Solutions Limited, a 100/0 owned trading subsidiary of the Charity, provides the local authority
commissioned drug, alcohol and menloring services. The income from this trading subsidiary represents
approximately 380/0 of the charity's income.
The Charity's main objective continues to be that of improving and extending services to its existing and future
clients and in the wider community.
Overall, the financial position of the Charity continues to remain strong.
b. Reserves policy
The trustees of the Charity have a policy to maintain reserves al a level to ensure adequate cover, for a
minimum of Ihree months of expenditure, based on the previous 12 months of expenditure.
This basis of reserves policy encourages reserves of around £1.1m to be held.
The charity is holding unrestricted funds (excluding Designated funds and the Property & Fixed assets fund.
which cannot be realised without the sale of assets) of £833,932. This is only somewhat short of Ihe ideal
position, but Trustees feel this is satisfactory.
Most of the income of the charity emanates frotn local authority contracts which commit the relevant third parties
to provide funding for Open Road services over specified periods. The termination of such contracts is subject to
periods of notice, during which expenditure related to the services in question. could for the most part be run
down before the expiry of the funding period. This would relieve pressure on reserves.
The increase in designated funds is also a conscious decision to invest in the future of the charity.
As part of our strategic commitment to digital transformation and sustainability, we are increasing the IT
designated reserve fund from £20,000 to £30,000 for the 202>2026 and 2026-2027 financial years.
This additional allocation will support the continued modernisation of our IT infrastructure and paperwork
processes within frontline services, alongside funding a structured replacement plan for ageing equipment.
In addition to the digitalisation project, we maintain a five-year rolling IT replacement programme covering
essential equipment such as laptops, desktops. and other hardware. This ensures we avoid large-scale
obsolescence and maintain continuity across services.
This designated fund increase will contribute to thal cycle-helping replace ageing equipment across the
organisalion and ensuring we remain operationally resilient and technologically up to date.
The bus replacement project will continue into next year. wilh an additional £25,000 being designated towards
the Chelmsford SOS Bus replacement.
The Head Office roof replacement is a new designated fund created in order to fund the anticipated roof works in
2026-2027 or 2027-2028.
c. Principal risks and uncertainties
The trustees have 2 duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to Pfovide reasonable assurance against fraud and error.
The Senior Leadership Team together with the Trustees. review and assess the organisation's strategic,
operational, financial, clinical and governance risks. They ensure that the major risks, to which the Charity and its
trading arm are exposed, as identified by the Trustees, have been reviewed and systems have been established
lo mitigate those risks. The Trustees, together with the SLT, undertake an annual risk review of all risks. The
Page 7

OPEN ROAD VISIONS
{A company limited by guarantee)
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
key risks and the mitigating steps taken from the risk register are provided to the external auditors for review in
connection with their audit of the consolidated financial siatements.
Risks
Reputation loss
Mitigation
Safeguarding & data protection mandatory training
DBS checks undertaken
Continual review of all Policies and Procedures
Review of all "incidents" undertaken
Economic Climate
Reserves policy reviewed by Finance sub committee
Asset slrong balance sheet
Market awareness
Proactive Senior Leadership Team
Desi
naled funds
Disaster Recovery planning
Cyber Essentials certified
Secure hosting of IT infrastrucbJre
Data protection training and testing
Security & Fire Protection at properties
Insurance cover
Business Continuit Policies and Procedures
HR policies and procedures provided to create a structure to
support staff and Open Road.
Member of the Board of Trustees is a HR professional.
Health & Safety online training. Each location has an IOSH Irained
health & safety representative.
ular1 lo1 su
eNision and team meetin
HR recruitment systems in place.
Leavers reviewed individually.
Tumover reviewed regulady by SLT, HR, Trustees and PSC.
Monitored a
ainst sector tumover.
Targeted approach focusing on granl-maintained funds.
Expansion of the fundraising and online marketing team. with
increased connections.
Diversification and use of assets to raise funds.
Service user strategy in place. This is under review.
Clinical
overnance reviewed
uarted
Loss of Infrastructural
Assets
Employment Issues
High Staff Tumover
Fundraising
unrestricted funds
Lack of co-production
Major risks have been reviewed and systems or procedures have been established to manage those risks.
d. Principal funding
Open Road is pleased to re￿1ve funding from a number of organisations and individual sources which, during
202412025, including funding from some newfunders, businesses and individuals-
Aegros PCN, Basildon Borough Council. Brainlree District Council, Central & North West London NHS FT,
Charities Aid Foundation, Charities Trust
Benefact. Colchester City Council, Chelmsford City Council,
Colchester Catalyst Charity, Colchester Borough Homes. Colchester Round Table, Diana Tinson FT, EPUT
Essex University NHS Foundation Trust, Essex Community Foundation. Essex County Council, Essex Lottery,
Essex Recovery Foundation, First Give, Forward Trusl, FO￿er Smith & Jones Charitable Trust, Harlow Health
Centres Trust, Joseph & Lilly Sully Foundation. Lion Walk Church, Mama Fesliv315, Marsh Christian Trust,
Military Corrective Training Centre, Mersea Lions Club. Mid & South Essex ICB, MIND Mid & North East Essex,
Police & Crime Commissioner for Essex, Phoenix Futures. Safe Water, Sailship Training & Learning for Life,
Page 8

OPEN ROAD VISIONS
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Screwfix Foundation, Southend on sea City Council, St James's Place Charilable Foundation, Streets Whittle &
Partners LLP, Universily of Essex, Wickford Christian Centre, Witham & Maldon PCN, Women's Refuge.
e. Going concern
After making appropriate enquiries, the Board of Trustees has a reasonable expectation that the charity and its
subsidiary have adequate resources lo continue in operational existence for the foreseeable future. For
this reason, it continues to adopt the going concern basis in preparing the financial slatements. Further details
regarding the adoption of the going concern basis can be found in the Accounting Policies note of the financial
statements.
Structure, governance and management
a. Constitution
Open Road Visions Limited, is a company limited by guarantee govemed by its Memorandum and Articles of
Association dated 1 April 1993, updated on 20 November 2020. It registered as a charity with the Charities
Commission on 20 April 1993. Membership of the charity is by invitation.
b. Methods ol appointment or election of Truslees
The Board of Trustees is co-opted, in such a way as to ensure a wide range of different professional
backgrounds and skills. Potential new trustees are required to attend three meetings prior to appointment.
c. Organisational structure and decision-making policies
The board of trustees meets quarterly. A Chief Executive is appointed by the trustees to manage the day-to-day
operations of Ihe charity. To facilitate effective operations, the Chief Executive has delegaled authorily, wilhin
terms of delegation approved by the trustees, for operational matters including finance, employmenl, and
treatment related activity.
d. Policies adopied for the induction and iralnlng of Trusiees
New trustees undergo a period of training to brief them on their legal obligations under charity and company law,
the content of the Memorandum and Articles of Association, the decision-making process, the business plan and
recent financial performance of the charity. Trustees are encouraged to attend appropriate external training
events where these will facilitate the underlaking of their role.
e. Pay policy for key management personnel
Key management personnel comprise of the Trustees and the Senior Leadership team. The Trustees are nol
remunerated= services are provided voluntarily. Key management remuneration can see seen in the staff costs
notes to the accounts.
The Personnel Sub Committee IPSCI meets quarterly, the Finance Sub Committee (FSC} bi-monthly, and the
Clinical Governance sub group meet quarterly. Included within their respective annual work programmes is the
requirement to monitor, review and implement the remuneration of the CEO and Senior Leadership Team.
Page 9

OPEN ROAD VISIONS
(A company limited by guaranlee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and managemenl (continued)
f. Financial risk management
The Trustees have assessed the major risks to which the Group and the Company are exposed, in particular
those related to the operations and finances of the Group and the Company, and are satisfied that systems and
procedures are in place to mitigate exposure to the major risks.
g. Members, liability
Each member of the Charilable Company undertakes to contribute to the assets ol the Charitable Company in
the event of il being wound up while they are a member, or within one year after they cease to be a member,
such amounl as may be required. not exceeding £1, for the debts and liabilities contracted before they ceased
to be a member.
h. Engagement wilh suppliers, customers and others
Open Road considers itself part of a wider network within Essex and Kent, providing safer communities by
addressing crime associated with drug and alcohol misuse.
Open Road has continued to participate in a joint operation with Essex Young People's Drug and Alcohol Service
(EYPDAS), part of The Children's Society, providing the Choices services in Essex.
Plans for luture periods
We are delighted to introduce our new-five-year strategic plan which you can find on our website. Our ethos,
values, mission and objectives remain very much the same as when we firsl set out in 1990. to strike a balance
between acceptance and change and to accepl people as they are, whilsl helping them to make positive
changes as they so desire. We aim to continue to develop our services and offer these lo more people in need.
Our main areas of focus are:
The People We Support
Our Growth & Partnerships
Our Teams and the difference we make
Our Impact
Our Social Value
We will again set new ambitious aims and objectives for Open Road as we seek to reach more people who need
our support and services and to give them Ihe grealesi gift of all- another chance al life.
We know we will face further challenges in the years ahead, but we are determined lo embrace them to ensure
service users can still access all our services wilh positive outcomes for themselves, their families and the wider
community. We will only achieve that wilh the support - for which we are so grateful - from all those who make
up the very wide Open Road community.
Page 10

OPEN ROAD VISIONS
(A company limited by guaranlee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Statement of Trustees, responsibilities
The Trustees (who are also the directors ol the Company for the purposes of company law) are responsible for
preparing the Trustees, report including the Strategic report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepied Accounting
Practicel-
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the
Trustees musl not approve the financial statements unless they are satisfied that they give a true and fair view of
the slate of affairs of the Group and the Company and of their incoming resources and applicalion of resources,
including their income and expenditure, for thai period. In preparing these financial statements, the Trustees are
required to=
select suilable accounting policies and Ihen apply them consislently-
obseNe the methods and principles of the Charities SORP (FRS 102).,
make judgments and accounting eslimales that are reasonable and prudent-
state whether applicable UK Accounling Standards (FRS 102) have been followed. subject to any material
departures disclosed and explained in the financial statements-
prepare the financial stalements on the going concern basis unless it is inappropriate to presume that the
Group will continue in business.
The Trustees are responsible for keeping adequate accounting records that are suff icient to show and explain
the Group and the CompanYs transactions and disclose wilh reasonable accuracy at any time the financial
position of the Group and the Company and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the Group and the Company and
hence for taking reasonable steps for the prevention and deteclion of fraud and other irregularities.
Disclosure of information to auditors
Each of the persons who are Trustees al the time when this Trustees, report is approved has confirmed Ihat:
so far as that Truslees are aware, there is no relevant audit information of which the charilable group's
auditors are unaware, and
that Trustees have taken all the steps that ought to have been taken as Trustees in order to be aware of
any relevant audit informalion and to establish that the charitable group's auditors are aware of that
information.
Audilors
The auditors, Griffin Chapman, have indicated Iheir willingness to conlinue in office.
The auditors will be considered for re-appointment at the forlhcoming Annual General Meeting of the Trustees
Approved by order of the members of the board of Trustees and signed on their behalf by..
N K Alston
Chair ol Trustees
Date..
11 ts2S
Page11

OPEN ROAD VISIONS
(A company limiled by guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF OPEN ROAD VISIONS
Opinion
We have audited the financial statements of Open Road Visions (the 'parent charitable company'l and its
subsidiaries (the 'group'l lor the year ended 31 March 2025 which comprise Ihe Consolidated stalement of
financial activilies, the Consolidated balance sheel, the Company balance sheel, the Consolidated stalement of
cash flows and the related notes, including a summary ot significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 'The Financial Reporting Slandard applicable in the UK
and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice}.
In our opinion the financial statements-
give a true and fair view of the state of the Group's and of the parent charitable companls affairs as at 31
March 2025 and of the Group's incoming resources and application of resources, including ils income and
expenditure for the year then ended..
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice- and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit
of the financial statements section of our report. We are independent of the Group in accordance with the elhical
requirements that are relevant to our audit of the financial statemenls in the United Kingdom, including the
Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordance with these requirements. We believe that the audwt evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees. use of the going concern basis of
accounting in the preparation of the financial statements is appropriale.
Based on the work we have performed, we have not identified any material uncertainties relating lo events or
conditions that, individually or collectively, may cast significant doubt on the Group's or Ihe parent charitable
company's ability lo continue as a going concern for a period of at least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the
relevant sections of this report.
Page 12

OPEN ROAD VISIONS
{A company limited by guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF OPEN ROAD VISIONS {CONTINUED)
Other information
The other information comprises Ihe information included in the Annual report other than the financial statemenls
and our Auditors, report thereon. The Trustees are responsible for the other information contained within the
Annual report. Our opinion on the financial statements does not cover Ihe other information and, except lo the
extent otherwise explicitly slated in our report, we do not express any form of assurance conclusion thereon. Our
responsibility IS to read the other information and, in doing so, consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the course of the aLAdit, or
otherwise appears to be malerially misstated. If we identify such material inconsistencies or apparent malerial
misstatements, we are required to determine whether this gives rise to a material misstatement in the financial
statements themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to reporl thal fact.
We have nothing to report in this regard.
Opinion on other matters prescrlbed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the Trustees, report including the Slralegic report for the linancial year for which
the financial statements are prepared is consistenl with the financial statements.
the Trustees, report and the Strategic report have been prepared in accordance with applicable legal
requirements.
Matlers on which we are requlred to report by exception
In the light ol our knowledge and understanding of the charitable company and its environment obtained in the
course ol the audit, we have not identified material misstatements in the Trustees, report including the Strategic
report.
We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires
us to report to you if, in our opinion..
the parent charitable company has not kepi adequate and sufficient accounling records. or returns
adequate for our audit have not been received from branches not visited by us- or
the parent charitable company financial statements are not in agreement with the accounting records and
returns- or
certain disclosures of Trustees, remuneration specified by law are nol made- or
we have not received all the information and explanations we require for our audit. or
the Trustees were not entitled to prepare the financial statements in accordance wilh the small companies
regime and take advantage of the small companies, exempiions in preparing the Trustees, report.
Page13

OPEN ROAD VISIONS
{A company limited by guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF OPEN ROAD VISIONS (CONTINUED)
Responsibilities of trustees
As explained more fully in the Trustees, responsibilities statement, the Trustees (who are also the directors of the
charitable company for the purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied Ihat they give a true and fair view, and for such internal control as the
Trustees determine is necessary to enable Ihe preparation of financial statements that are free from material
misstatemenl, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the group's and the parent
charitable company's ability lo continue as a going concern, disclosing. as applicable, matters related to going
concern and using the going concern basis of accounting unless the Trustees either intend to liquidale the group
or the parent charilable company or lo cease operations. or have no realistic alternative bul to do so.
Page 14

OPEN ROAD VISIONS
(A company limiled by guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF OPEN ROAD VISIONS (CONTINUED)
Auditors. responsibilities for the audlt of the financial statements
We have been appointed auditor under the Companies Acl 2006 and section 151 of the Charities Act 2011 and
report in accordance with those Acts.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue an Auditors, report that includes our
opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in
accordance with ISAS {UKI will always delecl a malerial misstatement when it exists. Misstatements can arise
from fraud or error and are considered malerial if, individually or in Ihe aggregate, they could reasonably be
expected to influence the economic decisions of users laken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities,
including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is
detailed below..
The engagement partner ensured the engagement team had the necessary skills and knowledge to identify non-
compliance with applicable laws and regulations.
We obtained an understanding of the legal and regulatory frameworks that are applicable to the group and for
those that are most significant, we enquired into how managemenl ensures compliance is maintained.
We identified that the principal risks of non-compliance wilh laws and regulations related to health and safely and
safeguarding, supporting the ability to continue operating as a charity focused entity. Correspondence was
reviewed from third parties, where relevant.
Enquiry and review of the group's transactions was undertaken to highlighl any instances of penalties, fines or
legal activity which could suggest non-compliance with laws and regulations. There was no contradictory
evidence found. We also considered those laws and regulalions that have a direct impacl on the preparation of
the financial slatements such as the Companies Act 2006.
We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements
(including the risk of override of controls) and determined that the principal risks were related to posting journal
entries to reclassify costs, between this company and the subsidiary company and management judgement on
the recognilion of income.
In response, we incorporated testing of manual journal entries. sources and treatment of income and scruliny of
unusual transactions into our audil approach. Payroll and purchase expenditure was agreed to supporting
documentation, on a sample basis.
Page 15

OPEN ROAD VISIONS
(A company limited by guarantee)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF OPEN ROAD VISIONS (CONTINUED)
Other substantive testing was used to help identify risk factors in transactions during the year, using after date
information to supplement our testing.
Challenges were made in relation to management assumptions and accounting treatment used.
There are inherent limitations in the audit procedures described above and Ihe further removed non-compliance
with laws and regulations is from the events and transactions reflected in the financial statements, the less likely
we would become aware of it. Also, the risk of not detecting a material misstatement due lo fraud is higher than
the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by. for example,
forgery or intentional misrepresentations. or through collusion.
It is also stated, as a reminder, that the primary responsibilty for the prevention with bolh management and
those charged with governance of the company.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities. including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk
increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.
The risk is also greater regarding irregularilies occurring due lo fraud rather than error, as fraud involves
intentional concealmenl, forgery, collusion, omission or misrepresentation.
A further description of our responsibililies lor the audil of the financial statemenls is located on the Financial
Reporting Council's website at: www.frc.or
-uklauditorsres
onsibilities. This description forms part ol our
Auditors, report.
Use of our report
This report is made solely to the charitable Company's members, as a body. in accordance with Chapter 3 of
Part 16 of the Companies Act 2006, and to the charitable companws truslees, as a body, Part 4 of the Charities
{Accounts and Reports) Regulations 2008. Our audil work has been undertaken so that we might state to the
charitable company's members those matters we are required to state to Ihem in an Auditors, report and for no
other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility lo anyone other
than the charitable company and its members, as a body. for our audil work, for this report, or for the opinions
we have formed.
Danlel Aldworth (Senior statulory auditor)
lor and on behalf of
Griffin Chapman
Chartered Acoounlanls
Statutory Audilors
4&5 The Cedars
Apex 12
Old Ipswich Road
Colchester
Essex
C07 7QR
Date:
21 Sepkn￿r
Page 16

OPEN ROAD VISIONS
(A company limited by guarantee)
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND
EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
Unreslricted
funds
2025
Reslricled
funds
2025
Total
funds
2025
Total
funds
2024
Nole
Income from:
Donations and legacies
Charitable activities
Investments
102,887
22,636
169,358
1,214
4,281,635
104,101
4,304,271
169,358
800
98.826
4,108,195
154.216
10.866
Other income
Total Income
295,681
4,282,849
4,578,530
4,372,103
Expenditure on=
Raising funds
Charitable activities
7,890
44,907
7,890
4.535,985
1,655
4.303.542
4,491,078
Total expendilure
52,797
4,491,078
4.543,875
4.305,197
Net incomel(expenditure)
Transfers between funds
242,884
(137.057)
(208,229)
137,057
34,655
66,906
21
Net movemenl in funds before olher
recognised gainsl{losses)
105.827
{71,172)
34,655
66,906
Olher recognlsed gainsl(losses):
Gains on revaluation of fixed assets
25,000
25,000
Net movement in funds
130,827
(71,172)
59,655
66,906
Reconciliation of funds:
Total funds brought fO￿ard
Net movement in funds
2,648,232
130,827
343.097
(71,172)
2,991,329
59,655
2,924,423
66,906
Total funds carried forward
2,T19,059
271.925
3,050,984
2,991,329
Page 17

OPEN ROAD VISIONS
(A company limited by guarantee)
REGISTERED NUMBER: 02806113
CONSOLIDATED BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note
Fixed assets
Tangible assets
15
1,640,127
1,643,936
1,640.127
1.643,936
Current assets
Debtors
17
262,592
1,598,647
260,041
1.584,342
Cash at bank and in hand
1,861,239
1.844,383
Currenl liabililies
Creditors.. amounts falling due within one
year
18
(416,687)
(432,847)
Net current assets
1.444,552
1,411,536
Total assels less current liabilities
3,084,679
3.055.472
Provisions for liabilities
(33,695)
{64.1431
Nel assets
3.050,984
2,991,329
Total nel assels
3,050,984
2.991,329
Charity funds
Restricted funds..
Restricted general funds
21
271,925
343,097
Total restricted funds
Unrestricted funds
21
271,925
343,097
Designated funds
General funds
Unrestricted property
21
305,000
833,932
1,640,127
245,000
759,296
1,643,936
21
21
Total unrestricted f unds
21
2,779,059
2,648,232
Tolal funds
3,050,984
2,991,329
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation ot financial stalements.
Page 18

OPEN ROAD VISIONS
(A company limited by guarantee)
REGISTERED NUMBER: 02806113
CONSOLIDATED BALANCE SHEEf (CONTINUED)
AS AT 31 MARCH 2025
The financial statements have been prepared in accordance with the provisions applicable to entities subjecl to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on Iheir behalf by=
N K Alston
Chair of Trustees
Date:
The notes on pages 23 10 55 form part of these financial statements.
Page 19

OPEN ROAD VISIONS
(A company limited by guarantee)
REGISTERED NUMBER: 02806113
COMPANY BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note
Flxed assets
Tangible assets
Investments
15
1,640,127
1,643,936
16
1,640,128
1,643,937
Current assets
Debtors
Cash at bank and in hand
17
630,409
1,204,851
255,861
1,484,946
1,835,260
1.740.807
Currenl liabililies
Creditors= amounts falling due within one
year
18
(393,052)
(331,615)
Net currenl assets
1,442,208
1,409,192
Total assets less current liabililies
3.082,336
3,053,129
Provisions for liabilities
(33,695)
{64.1431
Nel assels
3,048,641
2,988,986
Total net assets
3,048,641
2,988,986
Charity funds
Restricted funds..
Restricted general funds
21
254.352
207.031
Total restricted funds
Unrestricted funds
21
254,352
207,031
Designated funds
General funds
21
305,000
2,489,289
245,000
2,536,955
21
Total unrestricted funds
21
2,794,289
2,781,955
Total funds
3,048,641
2,988,986
The Company's net movement in funds for the year was £59,655 {2024 - £66.905).
Page 20

OPEN ROAD VISIONS
{A company limiled by guarantee)
REGISTERED NUMBER: 02806113
COMPANY BALANCE SHEET {CONTINUED)
AS AT 31 MARCH 2025
The Trustees acknowledge their responsibililies for complying wilh the requirements of the Act wilh respect to
accounting records and preparation of financial statements.
The financial slatements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
N K Alston
Chair of Trustees
Date..
Syk£kn 2025
The notes on pages 23 to 55 form part of these financial statements.
Page 21

OPEN ROAD VISIONS
(A company limited by guarantee)
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Note
Cash flows from operating aclivilies
Net cash used in operating activities
26
(29,516)
104,122
Cash flows from investing actlvltles
Dividends, interests and rents from investments
Purchase of tangible fixed assets
59,920
51.617
(16,099) 1132,622)
Net cash provided byl(used in) investing activities
43,821
(81,005)
Cash flows from flnanclng activities
Net cash provided by financing aclivities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
14.305
23,117
1,584.342
1,561,225
Cash and cash equivalenls al the end of the year
27
1,598,647
1,584,342
The notes on pages 23 to 55 form part of these financial statements
Page 22

OPEN ROAD VISIONS
(A company limiled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2Q25
General infomiation
Open Road Visions is a private charitable company limited by guarantee and registered in England and
Wales.
Accountlng policies
2.1 Basis of preparalion of tinanclal statements
The financial stalements have been prepared in accordance with the Charilies SORP IFRS 1021
Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019}. the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and Ihe Companies Act 2006.
Open Road Visions meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless othemise stated in the
relevant accounting policy.
The Consolidated statement of financial activities (SOFA} and Consolidated balance sheet
consolidate the financial statements of the Company and ils subsidiary undertaking. The results of
the subsidiary are consolidated on a line by line basis.
The Company has taken advaniage of the exemplion allowed under seclion 408 of the companies
Act 2006 and has not presented its own Statement ol financial activities in these financial statements.
2.2 Going concern
The Trustees assess whether the use of going concern is appropriate i.e. whether there are any
material uncertainties related to events or conditions that may cast significant doubl on the ability of
the charity lo continue as a going concern. The Trustees make this assessment in respect of a
period ol at least one year from the date of authorisation for issue of Ihe financial statements and
have concluded that the charity has adequale resources to continue in operational existence for
the foreseeable future and there are no material uncertainties about the charitys ability to continue
as a going concern, thus they continue to adopt the going concern basis of accounting in preparing
the financial statements.
Page 23

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (continued)
2.3 Income
All income is recognised once the Company has enlitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Consolidated slalement of financial activities on a receivable basis. The
balance of income received lor specific purposes but not expended during the period is shown in the
relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt,
its recognition is deferred and included in creditors as deferred income. Where entillement occurs
before income is received, the income is accrued.
Gilts in kind donated for distribution are included at valuation and recognised as income when Ihey
are distributed to the projects. Gifts donated for resale are included as income when they are sold.
A valuation of volunteer time given to the charity is not included in these financial statements.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
Other income is recognised in the period in which it is receivable and to the extent the goods have
been provided or on completion of the service.
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a Ihird party, it is probable that a transfer of economic benefils will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs. including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
io that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned between those activities on a basis consistenl with
the use of resources. Central slaff costs are allocated on the basis of time spent. and deprecialion
charges allocated on the portion of the asset's use.
Expenditure on raising funds includes all expenditure incurred by the Group to raise funds for its
charilable purposes and includes costs of all fundraising activities events and non-charitable Irading.
Expenditure on charitable activities is incurred on directly undertaking the aclivilies which further the
Group's objectives, as well as any associated support cosls.
Where staff are working on specific projects, a proportion of their cost is allocated to the projectlsl-
This proportion is calculated wilh reference to Ihe amount of time spent and the economic inflows.
Certain expenditure is directly attributable to specific activities or projecls and has been included in
those cost categories.
Where charity resources are used for a specific project, an apportionment of overhead costs is
allocated to the project(s).
Other support costs are allocated to activities in proportion lo their contribution to the economic
inflows of the charity.
All expenditure is inclusive of irrecoverable VAT.
Page 24

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (conlinued)
2.5 Interest receivable
Interest on funds held on deposil is included when receivable and the amount can be measured
reliably by Ihe Group. this is normally upon notificalion of the interest paid or payable by the institution
with whom the funds are deposited.
2.6 Taxalion
The Company is considered to pass the tests sel out in Paragraph 1 Schedule 6 of the Finance Act
2010 and therefore il meels the definition of a charitable company for UK corporation tax purposes.
Accordingly, Ihe Company is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Acl 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to Ihe exlent that such income or gains are
applied exclusively to charitable purposes.
2.7 Tangible flxed assets and depreciation
Tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic
benefils are probable and the cost or value of the asset can be measured reliably.
Freehold properties are initially recognised al cost. After recognition, under the revaluation model,
tangible fixed assets whose fair value can be measured reliably shall be carried at a revalued
amount, being their fair value at the date of revaluation less any subsequent accumulaled
depreciation and subsequent accumulated impairmenl losses.
Revaluations are made with sufficient regularity to ensure that the carrying amount does not differ
materially from thal which would be determined using fair value at the end of the reporting date.
Fair values are delermined from markel-based evidence by appraisal that is normally under1aken by
professionally qualified valuers. 11 Ihere is no market-based evidence of fair value because of the
specialised nature of the tangible fixed asset and it is rarely sold, except as part of a contributing
business, a Company may need io estimate fair value using an income or depreciated replacement
cost approach.
Gains and losses on revaluation are recognised in the Consolidated statement ol financial activities,
with a separate revaluation reserve being shown in the Slatement of funds note.
At each reporling date the Company assesses whether there is any indication of impairment. If such
indication exists, the recoverable amount of the assel is determined to be the higher of its fair value
less costs to sell and its value in use. An impairment loss is recognised where the carrying amount
exceeds the recoverable amounl.
Depreciation is charged so as to allocate the cost of tangible fixed assels less their residual value
over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
Short-lerm leasehold property
Motor vehicles
Fixtures and fittings
Computer equipment
33°/.
25°/.
25%
33.1.
Page 25

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (continued)
2.8 Inveslments
Fixed asset investments are a form of financial instrument and are initially recognised at Iheir
transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value
cannot be measured reliably in which case it is measured at cost less impairment. Investment gains
and losses, whether realised or unrealised, are combined and presented as 'Gains/(Losses) on
investmenls, in the Consolidated statemenl of linancial activities.
Investments in subsidiaries are valued at cost less provision for impairment.
2.9 Deblors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.10 Cash at bank and in hand
Cash at bank and in hand includes cash and short-lerm highly liquid investments wilh a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.11 Llabllitles
Liabilities and provisions are recognised when there is an obligation at the Balance sheet date as a
result of a past event, it is probable that a transfer of economic benefit will be required in settlement.
and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or
the amount it has received as advanced payments for the goods or seNices it must provide.
Provisions are measured at the best eslimate of the amounts required to settle the obligalion. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted al the pre-tax discount rate that reflecls the risks specific to the liability. The
unwinding of the discount is recognised in the Consolidated statement of financial activities as a
finance cost.
2.12 Financial instrumenls
The Group only has financial assels and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effecttve interest method.
2.13 Operating leases
Rentals paid under operating leases are charged to the Consolidated statement of financial activities
on a straight-line basis over the lease term.
Page 26

OPEN ROAD VISIONS
(A company limiled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (continued)
2.14 Pensions
The Group operales a defined contribution pension scheme and the pension charge represenls the
amounts payable by Ihe Group to the fund in respect of the year. All contributions are dealt with as
restricted fund transactions.
2.15 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Group and which have not been designated for olher
purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial
slatemenls.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Group for parlicular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial slalements.
Inveslmenl income, gains and losses are allocated lo the appropriate fund.
Page 27

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Critical accounting estimates and areas of judgment
Estimates and judgments are continually evaluated and are based on historical experience and other
factors, including expectalions of luture events that are believed to be reasonable under the
circumstances.
Critical accounting estimates and assumptions:
The Company makes estimales and assumptions concerning the fulure. The resulling accounling
estimates and assumplions will, by definition, seldom equal the related actual resulls. The estimates and
assumptions that have a significant risk of causing a material adjustment lo the carrying amounls of
assets and liabilities within the next financial year are discussed below.
Critical areas of judgment-
The fair value of the freehold properties is based on the marketing value of each one. The location,
condition and accommodation of each building is assessed, along with current trends in the UK market to
assist Trustees in arriving at a fair value. Values of similar properties in the area are used as benchmarks
to help estimate changes in fair values when a professional valuation is not used.
Within provisions is an estimate of future cost for dilapidations. This figure is in relation to the properties
and spaces in which the charity is a tenant and the lease agreement contains an obligation to repair the
property when Ihe lease arrangement ends. The provision is assessed by management al the end of each
year, with the aim of providing for expected repair and redecoration costs. across the term of the leases.
When the repair and reinstatement works are carried out al the end of a lease, and the final costs are
known, it may malerialise thal the charity has either under-estimated or over-estimated the costs of the
dilapidations, and an adjustment will be needed. If the accounting provision turns out to be in excess of
the dilapidations expenditure, the difference is added back to reduce total costs in the year of the works. If
the provision is less than is needed, any additional actual expenditure can be deducted within the year the
work is completed.
Page 28

OPEN ROAD VISIONS
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Income from donalions and legacies
Unrestricted Restricted
lunds
funds
2025
2025
Total
funds
2025
Donations
102,887
1.214
104,101
Unrestricteo
funds
2024
Restricteo
funds
2024
Total
funds
2024
Donations
Grants
88,050
5,776
5.000
93.826
5.000
Total 2024
88,050
10,776
98,826
Income from charltable actlvltles
Unrestrlcted Restricted
funds
lunds
2025
2025
Total
funds
2025
Income from charitable activities and services
22,636
4,281,635
4,304,271
Further detail on income type is seen in the detailed slatement of funds.
Unrestricteo
funds
2024
Restricteo
funds
2024
Total
funds
2024
Income from charilable activities and services
27,112
4,081,083
4,108,195
Page 29

OPEN ROAD VISIONS
(A company limiled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Inveslmenl income
Unrestricted
funds
2025
Total
funds
2025
Investment income - properties
Investment income - cash
109,438
59,920
109,438
59.920
Total 2025
169,358
169,358
Unrestricteo
funds
2024
Total
funds
2024
Investment income - properties
Investment income - cash
102.599
51.617
102.599
51,617
Total 2024
154,216
154,216
Other incoming resources
Unreslricted
funds
2025
Total
funds
2025
Costs recharged to other entities
800
800
Unrestrictea
funds
2024
Total
funds
2024
Costs recharged to other entities
10,866
10,866
Page 30

OPEN ROAD VISIONS
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on raising funds
Cosls of raising volunlary income
Unrestricted
funds
2025
Total
funds
2025
Fundraising costs
7,890
7,890
Unrestricteo
funds
2024
Total
funds
2024
Fundraising cosls
1.655
1,655
Analysis ol expendlture on charitable activilies
Summary by fund lype
Unrestricted Restricted
funds
funds
2025
2025
Tolal
2025
Charitable activities
Governance cosls
Finance
42,853
4.477.078
14,000
4,519,931
14,000
2,054
2,054
Total 2025
44,907
4,491,078
4,535,985
Page 31

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure on charitable activities (continued)
Summary by fund type (continued)
Unrestrictea
funds
2024
Restricteo
funds
2024
Total
2024
Charitable activities
Governance costs
Finance
59,787
4,228,884
13.500
4.288.671
13,500
1.371
1,371
Total 2024
61,158
4,242.384
4.303.542
10. Analysis of expenditure by aclivities
Aclivilies
undertaken
directly
2025
Support
costs
2025
Total
funds
2025
Charitable activities
Governance costs
Finance
3.842.887
677,044
14.000
2,054
4,519,931
14,000
2.054
Tolal 2025
3.842,887
693,098
4,535,985
Activities
undertaken
direGtIy
2024
Support
Gosts
2024
Total
funds
2024
Charitable activities
Governance costs
Finance
3.578,636
710,035
13,500
1,371
4,288,671
13,500
1,371
Total 2024
3,578,636
724,906
4.303,542
Page 32

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
10.
Analysis of expenditure by activities {continued)
Analysis of direct costs
Charitable
activities
2025
Tolal
funds
2025
Staff costs
Training and courses and recruitment
Other staff & volunteer costs inc travel
3.322,187
57,742
102.242
134,241
28.852
88,169
67.513
41,273
668
3.322,187
57,742
102,242
134,241
28,852
88,169
67,513
41,273
668
Agency and self employed staff costs
Clienl trips, activities & equipment
General bus running costs
Supply of medical services
Needle exchange
Drugs test screening
Total 2025
3,842,887
3,842,887
Gharitable
activities
2024
Total
funds
2024
Staff costs
Training and courses and recruitment
Other staff & volunteer costs inc travel
Agency and self employed staff costs
Client trips, activilies and equipment
General bus running costs
Supply of medical services
Needle exchange
Drugs test screening
3,017,133
39,252
102,839
174,012
52,443
68,488
69,673
48,510
6,286
3.017.133
39.252
102,839
174,012
52,443
68,488
69,673
48,510
6,286
Total 2024
3,578,636
3,578,636
Page 33

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
10. Analysis of expenditure by activilies {continued)
Analysis of support costs
Charilable Governance
activities
cosls
2025
2025
Total
funds
2025
Finance
2025
Depreciation
Premises costs inc cleaning
Subscriptions, periodicals and books
Markeling and publicity
Postage, stationery, printing and phone
Gomputer costs
Repairs and maintenance
Equipment & other costs
Insurance
Legal & professional and accountancy
Rent
Bank charges
{Profitl/loss on disposal of fixed assets
Governance costs
44.907
212,114
11.544
19,521
60,288
123,987
12,436
31,558
45,929
18,014
65,275
44,907
212,114
11,544
19,521
60,288
123,987
12,436
31,558
45,929
18,014
65,275
2,054
31,471
14,000
2,054
31,471
14,000
Total 2025
677,044
14,000
2,054
693,098
Page 34

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
10. Analysis of expenditure by activilies (continued)
Analysis of support cosls (conlinued)
Charitable Governance
activities
costs
2024
2024
Total
funds
2024
Finance
2024
Depreciation
Premises cosls inc cleaning
Subscriptions, periodicals and books
Markeling & Publicity
Postage, stationery, printing and phone
Computer costs
Repairs and maintenance
Equipment & other costs
Insurance
Legal & professional and accountancy
Rent
Bank charges
Governance costs
21.726
129,544
15,453
43,186
70,168
132,641
71,562
67,525
36,688
18,584
102,958
21,726
129,544
15.453
43,186
70,168
132,641
71.562
67,525
36,688
18,584
102,958
1,371
13,500
1,371
13.500
Tot212024
710.035
13.500
1,371
724,906
11. Auditors. remuneration
2025
2024
Fees payable to the Companvs auditor for the audit of the Company's
annual accounts
10,750
10,500
Fees payable to the Company's auditor in respect of-
All non-audit services nol included above
2.750
3,000
Page 35

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
12.
Staff costs
Group
2025
Group
2024
Company
2025
Company
2024
Wages and salaries
Social security costs
Contribution to delined contribution pension
schemes
2,998,495
262,889
2,725.545
236.665
2,998,495
262,889
1,466,624
109,401
60,803
54,923
60,803
26,886
3,322,187
3.017.133
3,322,187
1,602,911
The average number of persons employed by the Company during the year was as follows..
Group
2025
Group
2024
Company
2025
No.
Company
2024
No.
Administration
Project workers
Directors
10
10
122
105
122
105
135
118
132
115
The number of employees whose employee benefits (excluding employer pension coslsl exceeded
£60,000 was..
Group
2025
No.
Group
2024
No.
In the band £60,001 - £70,000
In the band £70,001- £80,000
In the band £90,001- £100,000
The key management personnel ot the charity comprise the Trustees and the senior management team
as listed on page 1. The total amount of employee benefits {excluding employer pension contributions
and employer nalional insurance contributions) received by key management personnel for their services
to the charity was £238:716 {2024 - £225,713).
All staff costs are Ireated as restricted expenditure.
13. Trustees, remuneraiion and expenses
During the year. no Trustees received any remuneration or other benefits (2024 - £NILI.
During the year ended 31 March 2025, no Trustee expenses have been incurred12024 - £NIL).
Page 36

OPEN ROAD VISIONS
(A company limiled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
14.
Taxation
Corporation lax
Taxation on net incomel(expenditure)
The tax assessed for the year is lower than {2024 - lower than) the standard rate of corporation tax in the
UK of 25°/. (2024 - 250/0). The differences are explained below:
2025
2024
Net income/(expenditurel before tax
34.655
66,906
Net income multiplied by the standard rate of corporation tax in Ihe UK of
25 % {2024 - 25°/0
Effects of:
8,664
16.727
Non-taxable income
(8,664)
(16,727)
Total lax charge for Ihe year
There are no faclors considered likely to affect future tax charges.
Page 37

¢ry
a> ID
a> ￿ ¢3)
a) * a>
¢D
(• cfj

fA

OPEN ROAD VISIONS
(A company limited by guaraniee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
15. Tangible fixed assels (continued)
The fair value ol the freehold properties as at 31 March 2025 was considered by the Trustees, with
reference lo recent marketing reports undertaken by local RICS registered surveyors, to have only
changed marginally since last year.
In reaching this conclusion, the Trustees nole that-
No changes or alterations to the properties or activities conducted in the properties have taken place
No dilapidations have occurred and Ihe properlies have been mainlained during the year
There has been no significanl change, development or redevelopment to the areas surrounding the
properties
The Trustees are nol aware of any future changes to the properties and surrounding areas.
The Group has adopted a policy of revaluation for tangible fixed assels. Had these assets been
measured at historic cost, the carrying values would have been as follows:
Group
2025
Group
2024
Company
2025
Company
2024
Freehold properly
751,785
775.487
751,785
775,487
Page 40

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
16.
Fixed asset inveslmenls
Inveslments
in
subsidiary
companies
Company
Cost or valualion
At 1 April 2024
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
17. Debtors
Group
2025
Group
2024
Company
2025
Con7pany
2024
Due within one year
Trade deblors
Amounts owed by group undertakings
Other debtors
Prepayments and accrued income
205,553
222.318
193,989
411,335
162,332
70,356
76
56,963
37,723
25,085
23,173
262,592
260,041
630,409
255,861
Page 41

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
18.
Credilors: Amounls falling due within one year
Group
2025
Group
2024
Company
2025
Company
2024
Trade creditors
45,763
132,158
46,322
192,444
4,399
152,864
12,762
262,822
45,634
132,158
46,322
168.938
4,399
152,864
12,762
161,590
Other laxation and social security
Other credilors
Accruals and deferred income
416,687
432,847
393,052
331,615
Group
2025
Group
2024
Company
2025
Company
2024
Deferred income at 1 April 2024
Resources deferred during the year
Amounts released from previous periods
156,046
93,667
(156,046)
260.695
156.046
(260,695}
99,046
181.195
93,667
99,046
(99,046) (181,195)
93,667
156.046
93,667
99,046
Deferred income is made up of grant, contract and donation income meeting the definition of deferred
income under the Charity SORP at the year end.
19.
Financial instruments
Group
2025
Group
2024
Company
2025
Company
2024
Financial assets
Financial assets measured at fair value
through income and expenditure
1,598.647
1,584,342
1,204,851
1,484,946
Financial assets measured at fair value through income and expendilure comprise bank and cash
balances.
Page 42

OPEN ROAD VISIONS
(A company limited by guaranlee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
20.
Provisions
Group and Company
Dllapidations
At 1 April 2024
Amounts reversed
64,143
{30,448}
33,695
21. Slatement of funds
Slatement of funds - current year
Balance at
31 March
2025
Balance al 1
April 2024
Transfers
inloul
Gainsl
{Losses}
Income Expenditure
Unrestricted
funds
Designated
funds
Bus replacement
Property
repairlrenovation
IT and
communications
upgrade
Head Office roof
replacement
150,000
25,000
175,000
75.000
75,000
20,000
10,000
30,000
25,000
25,000
245,000
60,000
305,000
General funds
Unrestricted
General funds
Properly & fixed
assets
759,296
295,681
(7,889)
(213,156)
833,932
1,643,936
(44,908)
16,099
25,000
1,640,127
2,403,232
295,681
(52.797)
{197,057)
25,000
2,474,059
Page 43

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
21.
Slatement of funds {conlinued)
Slatemenl of funds - currenl year (conlinued)
Balance at
31 March
2025
Balance al 1
April 2024
Transfers
inloul
Gainsl
(Losses)
Income Expenditure
Total
Unrestricled
funds
2,648,232
295.681
{52,797)
{137,057)
25,000
2,779,059
Restricted
funds
Oasis Secure
Schools
58,919
(58.919)
Essex County
Council
Suffolk and
North East
Essex CCG
Chelmsford City
Council
Colchester City
Council
Colchester
Borough Homes
Homeless
prevention
Mid Essex CCG
- SOS Bus
Chelmsford
Night services.
Charitable
Trusts,
Foundations,
Associations and
Corporate
Charities
North Easl
London NHS FT
Medway
Forward Trust -
Wellbeing and
Recovery
Service
189,589
2,448,420 (2,663,819)
137,057
111,247
28,774
158.513
(187,187)
100
218
26,666
(26,884)
277
17.500
(17,777)
275
13,038
(12,977)
336
204
25.000
(25,204)
68.339
47,634
(98,732)
17.241
399
71,429
(71,828)
12,858
451,290
(430,581)
33,567
Page 44

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
21. Slatement ol funds (continued)
Slatement ol funds - current year (conlinued)
Balance at
31 March
2025
Balance at 1
April 2024
Transfers
inlout
Gainsl
(Losses)
Income Expendllure
Fo￿ard Trusl -
Southend,
Thurrock and
Medway Young
Persons
Services
Colchesler
Catalyst
Restricted
donations from
Individuals
25,473
774,067
(725,282)
74,258
8.780
(1,759)
7,021
100
(100)
MHLGA . The
Next Ghapier
and GHESS
Petley - Families
Supporl
Southend-on-
Sea City Gouncil
Epping District
Council Job
Coach
434
28.211
(28,360)
285
14,119
(14,119)
38.636
{29,126)
9,510
27
(27)
Other Statutory
funding
2,111
114,646
{98.39n
18,360
343,097
4,282,849 (4,491.078)
137,057
271,925
Total of funds
2,991,329
4,578.530
(4,543,875)
25.000
3,050,984
Page 45

OPEN ROAD VISIONS
(A company limiled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
21. Stalement of funds (continued)
The unrestricled property and fixed assets fund includes the nel effect of fair value adjLJStments.
Depreciation is charged to this fund.
During Ihe year, unrestricted funds were used for a number of restricted funds with expenditure in excess
of restricted funding.
For the year ended 31 March 2025, £137.057 of unreslricled funds were used to support expenditure in
AARCS in restricted funds.
Designated funds were added to, using £60,000 of unreslricled funds, in the year.
More information can be found in the Trustees. report.
During the year, amounts were transferred from unrestricted property and fixed asset funds to reflect the
depreciation charged to restricled funds for the use of assets.
The restricted fund includes funding for various projects undertaken by the charity.
Addilional detail of restricted income received. for the following areas, can be found in the notes below:
Essex County Council
Suffolk and Norlh East Essex CCG
Other Statutory funding
Charitable Trusts, Foundation. Associations and Corporate Charities
Page 46

OPEN ROAD VISIONS
(A company limiled by guaranlee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
21. Statement of funds (conlinued)
Statement of funds- prior year
Balance al
31 March
2024
Balance al
l Apnl 2023
Transfers
in/oul
Income Expenditure
Unreslricled lunds
Designated funds
Bus replacement
Property repairlrenovation
IT and communications
upgrade
150,000
75,000
150,000
75,000
20,000
20,000
245,000
245,000
General funds
Unrestricted General funds
Property & fixed assets
706,191
1,533.041
280,244
(41,086)
(21,7271
(186.0531
132.622
759,296
1.643.936
2,239,232
280,244
{62,8131
{53,431)
2.403.232
Total Unrestricted funds
2,484,232
280,244
{62,813}
(53.431)
2,648,232
Restricted funds
Essex County Council
Suffolk and North East Essex
CCG
Chelmsford City Council
Colchesler City Council
Co5chesler Borough Homes -
Homeless prevention
Mid Essex CCG - SOS Bus
Chelmsford Night services.
Charitable Trusts, Foundations,
Associations and Corporate
Charities
North East London NHS FT
Medway
105,175
2,574,693 {2,672,3321
182,053
189,589
95,000
128,507
26,666
17,500
(116,111}
{26,448)
{17,8751
{78,622)
28,774
218
277
652
250
12,500
112,475)
275
25.000
(24,7961
204
94,653
121.625
(147,939}
68,339
171,429
(171,030)
399
Page 47

OPEN ROAD VISIONS
(A company limiled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
21. Statement of funds (continued)
Statement ol funds - prior year (continued)
Balance al
31 March
2024
Balance al
l April 2023
Transfers
in/oul
Income Expenditure
Forward Trust - Wellbeing and
Recovery Service
Fo￿ard Trust - Southend
Young Persons Services
Colchester Catalyst
Clothworkers
MHLGA - The Next Chapter
and CHESS
345,801
(332.943)
12.858
2,670
601
412.271
1389.4681
{6011
(9,080)
25,473
9,080
7,671
55,614
49.784
157,021)
(41,495)
434
Petley - Families Support
Epping Districl Council Job
Coach
Other Statutory funding
14,119
8,864
59,961
50,751
155,332
{59,588}
{163.182}
27
(50,000)
2.111
440,191
4.091,859 {4.242.3841
53,431
343.097
Total of funds
2.924,423
4,372.103 (4,305.1971
2,991.329
Page 48

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
22. Further funding delail - Essex County Council & SuffolklNorth Easl Essex CCG
Group
Income
Group
Income
Essex County Council
All Age Recovery Coordination Service
Individual Placement Support
Criminal Justice Service
Essex Appropriate Adult Service
Employment Placement Services
Chelmsford SOS Bus Night Service
Colchester SOS Bus Night Service
Smoking Cessation Grant
DASS North Essex Housing Support
1,307,550
264,674
256,000
194,011
235,850
25,000
57.000
18,335
90,000
Suffolk and North East Essex CCG
Colchester SOS Bus Nighl Service
Street Outreach Icolchester) Shells
Changing Futures
65,913
33,133
59,467
2,448,420
158,513
Page 49

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
23. Further funding delail - Others and Charitable Trusls
Group
Group
Charilable
Trusts &
Corporate
Funding
Income
Other
Statutory
Income
Other Statutory income
Witham PCN Prescribed Medication Service
Aegros Prescribed Medication Service
Braintree SOS Bus Changing Futures
Military Corrective Training Centre - Counselling and training
Thurrock Diversionary Activities
National Lottery
Charitable Trusts & Corporate Funding Income
Southend YP
1.298
33,683
26.250
14,013
19,288
20,000
1,000
500
300
7,560
900
200
2,000
5,000
4,815
1,000
1,881
20,000
2,478
SOS Bleed Kits
Medway Yoga
ECF
Be Well Sail Ship - Clacton Allotment
PFCC SOS Community Bus Colchester
Colchester Community Safety Training
Harlow Health Centres Trust
Screwfix Foundation Harvey Centre
Southend High School First Give
Communily Safety Anti Spiking
HSBC Harvey Centre Grant
ERF Haircuts Basildon
114,532
47,634
Page 50

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
24. Summary of funds
Summary of funds - cUr￿nt year
Balance at
31 March
2025
Balance al 1
Aprll 2024
Transfers
inlout
Gainsl
(Losses)
Income Expenditure
Designated
funds
General funds
Restricted funds
245.000
2,403,232
343.097
60,000
{197,057)
137,057
305,000
2,474,059
271,925
295,681
{52,797)
4.282,849 (4,491,078)
25,000
2,991.329
4,578,530 (4,543,875)
25,000
3,050,984
Summary of funds- prior year
Balance al
31 March
2024
Balance al
l April 2023
Transfers
in/oul
Income Expenditure
Designated funds
General funds
Restricted funds
245,000
2,239,232
440,191
245,000
{53,4311 2.403,232
53,431
343,097
280,244
(62,813)
4,091,859 {4.242,384)
2,924,423
4,372,103 (4.305,197)
2.991,329
25. Analysis of nel assels between funds
Analysis of nel assels between tunds - currenl year
Unrestricied Restrlcted
funds
funds
2025
2025
Total
funds
2025
Tangible fixed assets
Current assets
Creditors due within one year
Provisions IOT liabilities and charges
1.640,127
1,589,314
{416,687}
(33,695}
1,640,127
1,861,239
(416,687)
(33,695}
271,925
Total
2,779,059
271,925
3,050,984
Page 51

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
25. Analysis of nel assels between funds (continued)
Analysis of nel assels belween funds- prior year
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Tangible fixed assets
Current assets
Credilors due within one year
Provisions for liabilities and charges
1.643,936
1.068,439
1,643,936
1.844,383
(432.8471
164,1431
775.944
{432,847}
{64.1431
Total
2,648,232
343.097
2,991,329
26.
Reconcllialion of nel movement in funds to nel cash flow from operaling aclivities
Group
2025
Grou
2024
Net income for the year (as per Statement of Financial Activities)
34.655
66.906
Adjusiments for:
Depreciation charges
Decrease in provisions
Decreasellincreasel in debtors
Decrease in creditors
Interest received
44,908
(30,448)
(2,551)
212,308
(16,160} 1145,2021
(59.920)
{51,617)
21,727
Net cash provided byl(used In) operating activities
(29,516)
104,122
27. Analysis of cash and cash equivalenls
Group
2025
Group
2024
Cash in hand
1,598,647
1,584,342
Tolal cash and cash equlvalents
1,598,647
1.584,342
Page 52

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
28. Analysis of changes in net debt
At 1 April
2024 Cash flows
At 31 March
2025
Cash at bank and in hand
1,584,342
14,305
1,598,647
1,584,342
14,305
1,598,647
29.
Pension commitments
The group operates a defined contribution pension scheme. The assets of the scheme are held separately
from those ol the group in an independently administered fund. The pension cost charge represents
contributions payable by the group to the fund and amounted to £60,803 (2024 £54,923)- £11,459 {2024
£11 ,262) were payable to the fund at the balance sheel date and are included in creditors.
30.
Operating lease commitments
At 31 March 2025 the Group and the Company had commitments to make future minimum lease
payments under non-cancellable operating leases as follows=
Group
2025
Group
2024
Company
2025
Gompany
2024
Not later than 1 year
Later than 1 year and not later than 5 years
Later than 5 years
60,832
132,918
33,800
83,482
122.161
350
60,832
132,918
33,800
83,482
122,161
350
227,550
205,993
227,550
205,993
The following lease payments have been recognised as an expense in the Statement of financial
activities..
Group
2025
Group
2024
Company
2025
Company
2024
Operating lease rentals
90,775
88,891
90,775
88,891
Page 53

OPEN ROAD VISIONS
(A company limiled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
31.
Related party transactions
Owing io the nature of the Trust and the composition of the Board of Trustees being drawn from local
public and private sector organisalions, transactions may take place wilh organisations in which the
Trustees have an interesl. All transactions involving such organisations are conducted in accordance
within the requirements of the Charity's conslilutional documenls and Charily Commission guidance. All
funding has followed normal procedure within the donor entity.
During the year. income was received from Aegros PCN of £33.683 {2024 £33,057) for the provision of
services. Trustee Caroline Dollery is the Clinical Director of Aegros PCN, a nelwork ot 6 GP surgeries in
and around Chelmsford.
During the year, the group incurred costs for legal services totalling £4,307 (2024 - £5891 from Birkett
Long , a company in which Tim Field. a trustee, is a parlner.
At this and the preceding year end, there were no balances due lo or from the charity, in relation to any of
the above.
Total donations received, in this year, from related parties lolalled £1,520 (2024 - £1,695) and had no
conditions attached. This includes winning auction purchases al fundraising events.
Two employees, employed on a zero hours basis, are close family members of Iruslees. Both employees
are paid the same rale as others carrying out similar roles in the charity.
Page 54

OPEN ROAD VISIONS
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
32.
Principal subsidiaries
The following was a subsidiary undertaking of the Company:
Regislered office or principal Principal activily
place of business
Name
Company
number
Open Road Solutions Limited
08417728
12 North Hill. Colchester, C01
1DZ
To act as the trading
arm of Open Road
Visions
Class of
shares
Holding
Included in
consolidalion
Ordinary
100% Yes
The financial results of the subsidiary for the year were:
Name
Income
Expendlture
Net assets
Open Road Solutions Limited
1.880,445
(1,880,445)
2,344
Page 55